The Business Times, 18 August 1981

Microfilm: NL11220
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, AUGUST 18,1181 60 CENTS
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  • Article
    Substantial increase in loans
    412 1  -  By LILLIAN CHEW FUELLED by a buoyant share market, loans and advances shot up in June. The monthly increase in loans extended by finance companies was $148 million, representing a 108 per cent rise from May. The growth here was also the largest increase over the
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  • Article
    Deadline for encoded cheques extended
    163 1 THE Monetary Authority of Singapore has extended the deadline (or banks to issue MICR-encoded cheques to the end of this year. In a circular to all banks, the MAS said it will continue to allow nonMICR cheques to be cleared through the present manual clearing
    163 words
  • Article
    Share prices dive
    366 1  -  By CHRIS LIM SELLERS stormed the stock market again yesterday sending the Straits Times Industrial Index down by a substantial 21.69 points to 736.24. With this drop, the market barometer has now gone below the low of 756.73 points on July 28 when the market was suffering
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  • Article
    Overnight rates go up sharply to 34pc
    237 1 OVERNIGHT rates In tjie local interbank money market rose sharply to 34 per cent yesterday as banks anticipated the disbursements of a few huge loans during the coming weeks. One-month interbank rate was the hardest hit, picking up three percentage points during yesterday's
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  • Article
    Industrialists opt for ready-built factories
    437 1  -  By RONNIE LIM INDUSTRIALISTS wishing to set up manufacturing facilities in Singapore are now less keen on building the factories themselves and are opting for those built by the government. On top this, those interested in building their own plants for operational reasons, such as
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  • Article
    Mitsubishi may build VCM tanks on island
    301 1 MITSUBISHI Corporation, a Japanese trading company, has started talks with oil storage terminal operator Van Ommeren Terminal (Singapore) to allow it to build petrochemical storage tanks on Pulau Sebarok. Mitsubishi had earlier planned to build spherical vinyl chloride monomer (VCM) tanks at another
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  • BRIEFLY...
    • Article
      Mahathir's warning
      85 1 KUALA LUMPUR, Mon. Datuk Sri Dr Mahathir Mohamad today warned that stronger nations should never use the inter-dependence of countries as an opportunity or framework for manipulation and oppression. He said this inter-dependence must be viewed as an asset for the good and prosperity of all. Speaking at
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    • Article
      Lock icon External trade
      58 1 Reuter HONGKONG, Mon. Hongkong's external trade totalled nearly US$2O billion in the first half of this year, an increase of 25 per cent over the same 1900 period. Exports rose by 14 per cent to nearly $5.9 billion, imports by 26 per cent to $10.9 billion and reexports
      Reuter  -  58 words
    • Article
      Lock icon Strategic goods
      72 1 UPI BEIJING, Mon. Canada is prepared to supply strategic goods to China, Canadian Secretary of State for External Affairs Mark Macguigan said on arrival here today. He said Canada is not typically a supplier of arms to other countries, so he does not see Ottawa in that role.
      UPI  -  72 words
    • Article
      Lock icon Defence concerns
      70 1 AP WASHINGTON, Mon. Defence Department officials are concerned that what they call "misinformed" opposition in Japan could block the two-way flow of technology vital to defence interests of both countries. These officials say Japanese critics wrongly charge that the United States wants to raid high technology developed by
      AP  -  70 words
    • Article
      Lock icon Uranium imports
      110 1 AFP NEW YORK, Mon. The United States imported US$43.B million worth of uranium from the Soviet Union last year, The New York Times said today. The-newspaper, quoting a Commerce Department report on SovietUS trade last year, said uranium imports represented 10 per cent of the total American imports
      AFP  -  110 words
    • Article
      Lock icon Modest step
      128 1 Reuter LONDON, Mon. Any Organisation of Petroleum Exporting Countries (Opec) agreement this week on a new price formula and a cut in Saudi Arabia's high output would be a modest step only and is not likely to end the world oil glut. The oil industry newsletter, Petroleum Intelligence
      Reuter  -  128 words
  • Article
    Industrial users face 16-26pc rise in water bills
    342 1 INDUSTRIAL «sen face u average af It to M per eeat lacrease la water and sewerage Mils fram next (Math. A tw Mack strartorr wllJ apply to tke ladastrtol sector. Par toe first sjm caUc metres af water, toe aew rate will
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  • Article
    Syndicates monopolise small auctions
    468 1  -  By SHANTI SEN SYNDICATES are frequenting the scene at Singapore auctions. Evidently, say the auctioneers, they monopolise the smaller auctions, buying and selling for the day in hard cash. Although not in full force at the public auction sale held yesterday by Victor k Morris, the
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  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      223 1 IKMDS THE boom and bust cycle that the local stockmarket has experienced since the beginning of this year has once again highlighted the need for fundamental changes in the securities industry Page 12 LEADING US economists are echoing President Reagan's assessment that the American economy will remain "soggy" in the
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    • Advertisement
      Page 1 Advertisements Column 2
      249 1 Is The Oil Glut Fact Or Fiction? A fruit pedler with 100 customers and an inventory of 99 bananas is in an enviable position. To the contrary a merchant with 100 bananas and only 99 customers is a candidate for bankruptcy. The laws of supply and demand remain subject to
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    • Advertisement
      Page 1 Advertisements Column 3
      0 1 [-]^>))<|-:^_")<%)@`!/$^&/??&^&
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    • Advertisement
      Page 1 Advertisements Column 4
      64 1 >v \SWU ss\ TASNtAPI** business MATTER Times Penodcas Put*ca<>or> The reduction copier built on forward engineering. The Ricoh DTIBOOR •Clear, crisp copies, even half-tones. Reduces RICOH The world's #1 copier. Success unduplicated! For more information call *****5 9 Wywy Private Limited Wywy House 17. L*ng Km Ro*d. Sinfljpof«o3ls. T«fc *****5.
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  • OVERSEAS
    • Article
      Lock icon US economy not perking up
      675 2 EARLY RECOVERY RULED OUT NYT LEADING US economists are echoing President Reagan's assessment that the American economy will remain "soggy" in the coming months. They also warn that continuing high interest rates and the spectre of inflationary government deficits will hamper Reagan's recovery programme well
      NYT  -  675 words
    • Article
      Lock icon Call for lower German interest rates
      178 2 Reuter THE EFFECT German Industry of the current high interest rates in West Germany makes argent the need for lower rates In the next few months. This call was made by the management of Dresdner Bank whose spokesman said the Bundesbank has at the
      Reuter  -  178 words
    • Article
      Lock icon China going lor economic gains
      554 2 AP CHINA'S growing emphasis on economics and trade could impose new constraints on those in China who might still be inclined toward more militant or revolutionary policies. This assessment was made by a leading China specialist, Mr Doak Barnett, a senior (ellow of the Brookings
      AP  -  554 words
    • Article
      Lock icon America may lose more from ban on exports
      381 2 AP AMERICA would probably pay a higher financial and political price than Russia if plans to broaden the ban on advanced technology exports to the Soviets are adopted. However, the Rand Corporation study which said this emphatically supports export controls on technologies
      AP  -  381 words
    • WORLD IN BRIEF
      • Article
        Lock icon IRANIANS BUY STEEL
        346 2 Agencies NIPPON Steel and five other major Japanese steelmakers have won orders from Iran steel processors for the first time in recent months. Nissho-Iwai and Toyo Menka Kaisha, Japan's two leading trading houses, won the orders for 8,000 tonnes of hot coil (hot rolled carbon steel sheets
        Agencies  -  346 words
    • Article
      Lock icon FUTURE GROWTH CENTRES IN M'SIA
      133 2 AFP MANY of the resource-baaed and export-orientated industries in Malaysia must necessarily be developed in Joint ventures with foreign investors who have the technology, management skills, marketing outlets and knowhow. This was the advice of Malaysian Minister of Trade and Industry, Tengku Ahmad Rithauddeen, when
      AFP  -  133 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      138 2 BELL HOWELL TRAVELMATE For The Good Times OfYburLife! Record the best moments of your life: birthdays, graduations, anniversaries and vacations for now and posterity. Lightweight. Small. A Smart. Easy To Operate. It makes sense to travel with the TRAVELMATE. Just MES load the film and Choose from a wide range
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    • Advertisement
      Page 2 Advertisements Column 2
      170 2 a Tha daily Aircraft Schadula has baan hald ovar. Flight information by talaphona can ba obtainad from tha airport (*****34/*****88) or from tha raapactiva airlinaa: Tal. No: BIA *****33/*****44, Garuda *****54, MAS *****22, CPA *****55, Qanta* *****44, BA *****55, KLM *****42/*****44, JAL *****44/55, UTA *****22. Information on othars can ba
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  • TRADE AND INDUSTRY
    • Article, Illustration
      CHUA HENG DELIVERS CRUISER
      179 3 LOCAL coach and boat builder Chua Heng Industries has shipped its first 23-foot Huntsman cruiser (abcve) to Brisbane. It is one of the 30 units being built by Chua Heng for CIC Industries, the maker of Huntsman boats in Australia. According to Mr Peter Lim, management
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    • Article
      Training in civil aviation
      219 3 THE Department of Civil Aviation will be negotiating with the United Nations Development Programme next month to continue its regional training project here. The four-year project, which comes to an end this year, is undertaken by the UNDP, the International Civil Aviation Organisation and the Singapore
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    • Article
      Occupational development
      306 3 A NEW department will be set up within the National Productivity Board to take charge of the Institute of Continuing Occupational Development. The new department will take charge of the entire administration of the institute from finding the right people, developing courses to conducting examinations and issuing certificates
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    • Article
      Air Tenggara takes off
      149 3 A GROUP of Australians and a local solicitor have formed an air freight charter company in Singapore to venture into the lucrative freighter business in Asia. The company, called Air Tenggara, has a paid-up capital of $400,000. The major share is held by the Singapore solicitor,
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    • Article
      Facts and myths about computers
      363 3  -  By SHANTI SEN THE notion that computerisation reduces manpower in industry is a misconception, according to Professor Donal A Dermody, director of executive education, School of Hotel Administration in Cornell University. He said computerisation creates a different set of jobs and increases both manpower and
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    • Article
      Patron
      62 3 MR Wee Mong Cheng, chairman of the Singapore Broadcasting Corporation, will be installed the first patron of the Marketing Institute of Singapore at the eighth dinner and dance of the institute on Sep 5. Two members, Mr S Chandra Das, managing director of Intraco and Mr Denis Tay, group
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    • Article
      Dull month for timber exports
      428 3  -  By WONG AI KWEI THE volume of timber exports declined in June and business (or July and August is expected to remain sluggish as well. In view of the recent fasting month, exports of sawn timber and plywood to West Asia, in particular, are expected
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    • Article
      MEMO PAD
      417 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 8080 A, Cuppage Centre, NPB Aug 4-28: Basic Industrial Hydraulics, Cuppage Centre, NPB
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      30 3 RCLYOnuS TEMPORARY PERSONNEL Room 0652,6 th Floor, Tanglin Shopping Centra, Tanglin Road, Singapore 1024 Dear Sir/Mdm., Looking for a, Office Assistant? You can Rely On Us. Call us at. M
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      Page 3 Advertisements Column 2
      2 3 Leader... page
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    • Advertisement
      Page 3 Advertisements Column 3
      955 3 Diamond Investment. DorYt just buy diamonds. Buy a axiTplete investment service. The investor should beware of his ignorance of diamonds and the vagaries of the diamond market. To buy diamonds is not enough. Seek the safeguards of a complete investment service, operated by a specialist diamond investment company such as
      955 words
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  • RAW MATERIALS
    • Article
      Lock icon Grain imports seen higher
      212 4 Reuter THE US Agriculture Department predicted that the Soviet Union would have to import 40 million tonnes of grain (hiring the next 12 months. The estimate, two million tonnes higher than the department's forecast last month, reflected worsening prospects for this year's Soviet harvest. The Soviet
      Reuter  -  212 words
    • Article
      Lock icon Palm oil output
      115 4 Reuter MALAYSIA'S crude palm oil production rose to 275,500 tonnes in July from a revised 228,996 tonnes in June and 248,372 tonnes in July 1980. According to the Palm Oil Registration and Licensing Authority (Porta) figures, July Peninsular Malaysia noted an increase of 21.3 per cent while
      Reuter  -  115 words
    • Article
      Lock icon Straits tin exports
      97 4 Reuter EXPORTS of Straits refined tin from Penang rose in July to 7,216.08 tonnes from 3,826.50 in June and 6,227.50 in July 1980, the Straits Trading Co said. This brought total shipments in the first seven months this year to 39,391.44 tonnes compared with 41,745.50 in the
      Reuter  -  97 words
    • Article
      RUBBER
      228 4 Singapore rubber prices yesterday closed lower with September One RSS buyers quoted at 222.00 cents per kilo, down six cents from last Friday's close. Morning prices were marked down about six cents on lack of buying support, stale bull releases and forward offerings. Afternoon prices were steady initially but
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    • Article
      RAS PRICES
      303 4 RA8 prices Jn cents per kilo yesterday: Noon (per kUo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 109.00 210.00N Int. 1 R.S.S. September 234.00 05.00 Int. 1 R.S.S. October 229.00 230.00 Int 2 R.S.S. 1* 30 199.50N UK/Coot 197.30 190JON Int 3 R.S.S. 191.50 I92.50N UK/Coot 190 JO
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    • Article
      SSR and SMR
      115 4 NOON SSR and SMR p neaa ywurdiy RAS Sntta bar Oetokar (Carnal Mtk) Bavara Sollora (Forward Mtk) Bayara Sollora SSR 20 tl-toa pallat) 19*00 196 OON 196 00 200 OON SSR SO (1 too palWt) 193.80 196.S0N 196 JO 197 SON MRELB bfttabar Octokar S.MR CV (1
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    • Article
      Straits Tin
      80 4 THE STBAITB tin price In Peuag yesterday fell twi cento to M 533.44 a ldlo alter easing nine cents on Saturday, still within the ITA ceiling range tf $32.74 to $35.47, dealers said The two day fall was mainly In line with easier Friday's London Metal Exchange advices.
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    • Article
      CLOSING PRICES
      34 4 Rubber Aug 17 Singapore: Sept: 222.00 cents (down 6.00 cents) Malaysia: Sept: 251.50 cents (down 1.00 cent) Tin: M 533.40 per kilo (down 2 cents) Official offering: 161 tonnes (up 35 tonnes)
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    • Article
      Lock icon Silver contract trading
      88 4 Reuter THE Sydney Futures Exchange will start its silver contract trading on Oct 15. The contract will be 1,000 ounces of .999 refined silver cast in not more than two bars, tradeable in March, June, September and December up to 24 months ahead. A contract by-law states
      Reuter  -  88 words
    • Article
      Produce exchange
      188 4 CHINESE Prataee Exchange, Stagapwe, daring prices per 111 kg yesterday. Caeaaat all: Bulk fob $122.50 sellers, old drum (in second hand drum) fob $136.50 sellers, new drum fob $141.50 sellers Csfra: Mixed (loose) $72.75 buyers. Pepper: Muntok white pepper fob Asta NLW $377.50 sellers, Sarawak white pepper faq
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    • Article
      TEXTILES
      135 4 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattaa yan: China Blue Phoenix 20a 2.370 32s 2,820. 40s 2.9» (per bale of 400 lbs). Pakfctaa raw eattsa: LSS 5.94, 4F 5 93; 289F 5.96; NT roller ginned 5.96 (per lb). CLOTH
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    • Article
      RICE
      329 4 SINGAPORE: Yesterdays closing prices in S3 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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    • Article
      LONDON MARKETS
      802 4 COFFEE: Robusta coffee futures yesterday ended the morning £4 to £14 a tonne lower on lack of interest with only 873 lots traded, including three options and 99 cross trades. Dealers said the market moved within a narrow range in the absence of fresh news. Some dealers said
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    • Article
      PALM OIL
      126 4 THE Kuala Lumpur market yesterday closed higher on covering for nearby positions in fairly active trading, dealers said. In the August poaition south gained M 57.50 to $912.50 a tonne. In September, south rose $12.50 to 885 and in October, central firmed $10 to 875. The refined market
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      267 4 ANTWERP HONG KONG LOS ANGELES PRESIDEX JOHANNESBURG SINGAPORE STOCKHOLM I THE PRESIDIUM DIAMOND EXCHANGE SINGAPORE: 10th Floor, WaKngton BuHding, 20 Bidoford Rood Singapore 0922. Tot *****86/7 Tolax: ***** HONGKONG: 16th Floor, Loo Hing BuHding 5468 Dot Vooux Rood Central, Hong Kong Tot 5-*****8 Tolox: ***** Intamotionol Deoler Market Indications August
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      292 5 r mW <S'< &TW* •< "'.j/'ifl 'f 'li% 4. I > w%£M. "< m&m mMt' 'Sm-K ■:•'<&' ■i r«"m m mmkA m weft '■&M: m mi >h% *■> ?V m mm##?' pi :y m m V x'-v y'V- >;- >mtmmmSk. m m r. '.'%s■ My Vs r* Vwt. i-* r
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  • Article
    The luxury of being served
    411 6 DESPITE all that have been said about labour shortage in Singapore and the urgent need to channel manpower from the service industry to priority economic sectors, hotels will continue to attract sufficient workers if they can offer more attractive salaries. This, coupled with the preference
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  • Article
    Stepping aside for big-time gamblers
    267 6 EVEN Pollyanna herself would be hard-pressed to find something good to say about the people who collectively make up the share market in Singapore and Malaysia. Genuine investors must surely be close to taking the view that they are being outgunned by forces unknown and
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  • Article, Illustration
    Lock icon RUNNING OUT OF TIME
    1753 6  -  The conclusion which emerges, reports DUNCAN CAMPBELL-SMITH, is that most modern watch companies need first to identify a desirable product at the market level, then to have the flexibility to push the idea back for manufacture by one of a range of competing factories not necessarily
    FT  -  1,753 words
  • Article
    Lock icon Selling NYSE seats
    657 6  -  By KENNETH NOBLE NYT SAMUEL WEISS has found a better way to make money on the stock exchange than trading stocks and bonds. He is selling seats. Weiss is selling interests in New York Stock Exchange seats and. eventually, memberships on other exchanges through a new company,
    NYT  -  657 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      648 6 -IN-OIE CROSSWORD CRYPTIC PUZZLE 3 Person greatly exclaimed of? (5) S Was Charles a young monarch? (5) 10 Piping instrument? (5) 11 Soft order to a dog (3) 12 Germ I shift with the dirt (5) 13 Head girl (7) 15 Captured tank, possibly, out East (5) 18 He's in
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      15 6 I LJMW HEDPIX U)ILL TVAIN\C IN TO cone, u**£N up RMD fRU(TS Of OVXS UNIQUES
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    • Miscellaneous
      Page 6 Miscellaneous Column 3
      583 6 •i smjm f Til btry. U Mick QrUj (1 Ml AMre4ge) M FreeWe aid the l««i UgM) 4——* lean that Graty had tow a kla SINGAPORE 5 3.00 PM Opening folowed by Hit Voh| And The Restless 3.25 Sunday SiitcHwu (r) 4.15 The Three Stooges 4.45 Diary Of Events (English)
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  • Article
    The investor's consultant
    1200 7 ASIAN-AMERICAN MERCHANT BANK SURGES AHEAD SETTLING for the second best in marriage can prove fatal. But, in business, it may sometimes be viable, even highly profitable. Asian-American Merchant Bank is one consortium merchant bank that is thriving because of lost opportunities, thrusting in spite of being nudged
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  • Article
    FABER MERLIN RIGHTS
    143 7  -  Letters to the Editor HO LAM SENG, MDM CHUA TUAN CHENG Dear Sir, We write to air a grievance concerning the recent registration for Faber Merlin rights. Our application was sent on July 22, 1981, by ordinary mail and the closing date was July 27,1181, at s.Mpm.
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  • Article
    Culinary futility
    165 7  -  GABY J VAUGHAN Dear 9r Your leader "a futuristic look at culinary futility" (Business Times, Aug 6) in our view misses the point of the electronic age. Drive-through restaurants are thriving throughout the United States and Japan. In our efforts to give the public what it wants, we
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      129 7 IMTED INTERNATIONAL SECURITES LTD INCORPORATED N THE REPUBLIC OF SINGAPORE) ANNOUNCEMENT To ALL SHAREHOLDERS RESULTS FOR THE SIX MONTHS ENDED 30 IDNF 198 The Board of Directors is pleased to announce that the unaudited results for the six months ended 30 June 1981 are as follows The Group The Company
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      Page 7 Advertisements Column 2
      293 7 Deciding whote driving has never been so difficult 7 wm. •s 'St* &M tUidfc mmm V*fXZ V--4 WMt '4 K sbM Cm' -:V *3* V > f f «l n u mm** nn S fi I i\ X,.i L-J i 4 f. A ,s r. «r 1 FORD GRANADA 2.8
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  • INTERNATIONAL STOCKS
    • Article
      Commuter airlines hard hit
      744 8 MANY EXPECTED TO WIND UP THE SMALL air carriers known as commuter airlines have been in some ways even harder hit by the air traffic controllers' walkout than the larger airlines, aviation experts say, and so pie commuter carriers are expected to go out of business.
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    • Article
      Lock icon Resorting to force majeure
      120 8 Reuter BROKEN Hill Associated Smelters, BHAS, (International) Invoked force majeure on lead bullion shipmeats to European customers, a company spokesman said. The force majeure Is doe to production problems at the Australian Mining aad Smelting (Earope) Ltd's Avonmouth smelter from which BHAS receives Us lead bullion.
      Reuter  -  120 words
    • Article
      Monsanto achieves strong first half
      242 8 A STRONG performance by Monsanto Company's Australian chemicals and plastics operations coupled with increased US exports helped achieve record first-half sales in the Asia-Pacific region. Six-month sales rose 22 per cent over the same period last year. Lawrence Skatoff, general manager of Asia-Pacific, said the
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    • Article
      TIE-UP WITH U.S. STEEL
      76 8 SUMITOMO Metal Industries has concluded a technical assistance agreement with United States Steel Corporation for the improvement of existing pipe mills at the company's National-Dugaesne Works in Pennsylvania and LorainCuyahoga Works in Ohio. According to the agreement, Sumitomo Metals will send technical specialists to conduct on-the-spot
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  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      775 8 Sm Page 11 for Asian stocks The American Express Card serves you well, wherever good food is served. BSSSE lubertug ©rill For lunch. For dinner. For a richly rewarding experience. Hum> !t vs/Mrr is ifu'h SU t<' I >/'/ 10" Nt'r-,(. h>irt}f > tv.ss /(iiM'Jt s<' K fsfuf/.M Nirmiiu' .V
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    • Advertisement
      Page 8 Advertisements Column 2
      144 8 The Dragon Palace Restaurant ts where you can dine in regal splendour and dance to the mellow sounds of yesteryear Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome 1 Ox lay Rita/Penang Road. Singapore 0823. Tel: *****11 (20 lines) Qtafining garaerf;
      144 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      483 9 the US dollar yesterday closed generally easier against most major currencies In thin late trading on commercial selling. Dealers said the decline was partly due to market correction after Fridays sharp gain in New York which resulted from the more-than-expected rise of US$5 billion in the latest US
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    • Article
      GOLD
      238 9 SINGAPORE gold futures yesterday rallied in the afteroon on some shortcovering after an easier opening, but the market closed narrowly mixed compared with last Friday's close, dealers said. Trading was thin with total sales for the day recorded at 36 lots while kerb volume at 85 lots, they said.
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    • Article
      Silver quotes
      38 9 Prt Than New York 9.16B 9 07B 9.36S 9.27S Zurich 9 20B 8.97B 9 40S 9.17S Prt Singapore MMI 9.15B 9.00B 9.35S 9.20S Closing price* in US dollars a troy ounc e. Source: Credit Suisse, S'pore.
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    • Article
      TOKYO
      164 9 THE US dollar for overnight delivery yesterday closed weaker at 232.75 yen, compared with a 235.30 opening here. 234.75/235.25 closing in "New York and a 233.75 closing here on Friday. Trading volume was an active and heavy US$l.5l billion. I The dollar fell briefly to the day's low of
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    • Article
      PLR
      22 9 THE average rate at which major Singapore bank* are currently prepared to lend to their best customers is 14.04 per cent.
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    • Article
      ASIAN $ RATES
      177 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Aug 17. U8 Dollin(Spot) Offer B>d 7 days 18* 18* 1 month 18* 18* 2 months 18'* 18* 3 months 19 18* 8 months 19 18* 9 months 18* 18* 12 months 181/18 1715/18 8wJrs. Das. (Middle Price.) 1
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    • Article
      Discount
      45 9 RANGE of price* offered by discount houses on Aug 17: Overnight: 6'** Call deposits: 6H% to Clositt B«yi>f 8«lHs« 3-month Treasury bills 6H 8H 3-month Bank bills 13H 13% 3 months CD 12?» 12« 8 months CD 12 7/1« 125/10 Source: National Discount Co
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    • Article
      HONGKONG
      109 9 THE US dollar yesterday fell against most leading currencies in thin late exchanges, after a steady opening against Friday's firm close in New York, dealers said. The decline was a market correction to Friday's sharp gain in New York ajter news of a surge in the latest money supply
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    • Article
      London
      117 9 THE dollar yesterday opened above its Friday closing levels here but below its New York close after heavy commercial selling on the Far East exchanges yesterday morning, dealers said. They said the decline was partly attributable to market correction after the dollar rose sharply on Friday evening against the
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    • Article
      Lock icon Manila lagging far behind
      150 9 AFP. MANILA remains way behind Hongkong and Singapore in the race to become a financial centre in Asia because of its built-in and man-made disadvantages. Mr Larry Hart wig, outgoing vice-president and manager of the Philippine branch of the Bank of America, pointed out that the
      AFP.  -  150 words
    • Article
      Lock icon TOP PROFIT EARNER
      84 9 Reuter THE BANK OF JAPAN, helped by relatively high interest rates, was the biggest pre-tax profit earner in Japan in fiscal year 1900 ended last March, with 606.5 billion yen. The Tokyo Commerce and Industry Research Co said in its annual report that the central bank, followed
      Reuter  -  84 words
    • Article
      Branch set-up in HK
      103 9 BANKERS Trust Co and the Amsterdam-Rotterdam Bank (Amrobank) plan to open branches in Hongkong. Bankers Trust will open its branch in the British Colony in October and Amrobank in 1982. Bankers Trust will assume most of the business at present carried on by BT Finance Ltd,
      103 words
    • Article
      Lock icon LAKER ASKS FOR MORE TIME
      222 9 AP SIR FREDDIE LAKER, the British airline chief whe braaght cat-price transAtlaatic travel te theasaads, Is seeking mare time te repay I 5J232 mlllUn la baak laaas becaase sf the US Cellar's sharp rise since he benewed the meaey la Jaaaary. "If the want cames
      AP  -  222 words
    • Article
      Second entry into FRCD market
      388 9  -  By ALVIN TAY KOREA Exchange Bank (KEB) and Bangkok Bank are making their second appearances in the Singapore-based floating rate certificates of deposit (FRCD) market with a US$2O million issue each. KEB, which raised a record US$7OO million syndicated loan on the international capital market
      388 words
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      63 9 Your merchant bank takes care Foreign Exchange Deposits Trade Finance Short Term Discount Facilities Letters of Credit Bond Dealing Joint Ventures Portfolio Management Underwriting Trade Contacts Eurocurrency Project Finance lAA is equally owned by seven large European banks with total assets of US$lOO billion and total deposits of US$72 billion.
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      Page 9 Advertisements Column 2
      429 9 NKOASys office automation for businesses that won't stop growing. The NBI System 8. Now the company of today can have the office of tomorrow. If you find that your company is outgrowing /JM the basic System 3000 r you don't have to worry about paperwork creeping up on you again.
      429 words
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      Page 9 Advertisements Column 3
      54 9 The Bestselling Author of The World Rapers JONfiTHa* SLACK rttefc vy •X'-' A V mega CORP Granada Pa per back IVj A stunning spy story Deliciously sharp and flawlessly accurate dialogue, breathtakingly clever plotting, confident character drawing A splendidly strongly told story. MARICANS FURNITURE Touch of Class LUXURY INTERIORS PIE.
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1705 10 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 Am* (S-MB 1008)
    1,705 words
  • Article
    Unit trusts
    192 10 SINGAPORE UNIT TOV8T DIAMOND MOT 8TOEI E The Commerce The Savings Fund S pore Pro* Fund S pore Sec. Fund S pore Invest Fund S pore Equity Fund "g 3.09 IS L7t 1.87 1.49 1.47 2.03 riaxd 1.06 1.10 1J2 IJI (Mtaagiss- pnees nr ug m DiamondS pore
    192 words
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    SHARE INFORMATION SERVICE
    2738 10 1M1 High Low Company Last Sale +orGr's Gr'a Net CW Div YTd P/E Vol Day CWr (*000) High Low 8ECTION ONE INDUSTRIAL A COMMERCIAL 494 390 312 420 200 410 796* 675 430 296 Acma Alcorn 130 Allied Choc 161 BAT 330 Bata 90 Ben 300 Berjaya
    2,738 words
  • Article
    In Kuala Lumpur
    1915 10 BID and offer price* officially listed and business in and reported to the Kuala Lumpur Stock Birhante yesterday, with the number at shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUmiALS Atoaa (IMB 3.305) (S) 3 (1) 3 34 crl A CkM
    1,915 words
  • Article
    COMPANY MEETINGS
    69 10 INTERNATIONAL W»»« Pradacta limited: AGM to be held at 10 Penjuru Road, Singapore 2260 on Aug 18 at 11.30 am. AMCOL Electrical ladaatrlea limited: AGM to be held at 19 Wan Shih Road. Singapore 2262 on Aug 21 at noon. JOHAN HeMlags Berfcad: AGM to be held at
    69 words
  • Article
    Heavy selling sends prices sharply lower
    746 10 THE MARKET tailed to draw tosptrattoa fram toe Ustlag sf Betel Tal-Pas Mi toe ratmpOM wi tnilag to Hum (ni East), faUtog darpiy yesterday. At bbm toe Straits Times Mstrtal Index mi esiy LB pstste toner, toe reel extest ef toe dnp betag eameaflaged
    746 words
  • Article
    Counters in KL continue to fall
    586 10 SHARE prices started the week badly with confidence still at a low in more active trading at the Kuala Lumpur stock market yesterday. The 30-counter New Straits Times industrial index (ell 29.94 points to 941.27 while the Malaysian Business Times index lost 33,362 points
    586 words
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  • COMPANY NEWS
    • Article
      Plans of Jacks International
      242 11 JACKS International will further restructure its activities in the second hall of this year so as to place the group on a sounder trading base. The group, which reported a pretax profit of only $354,000 for the six months ended June 30, said it faced difficulties
      242 words
    • Article
      COMPANY BRIEFS
      273 11 GROWTH Mistrial Heldlags has informed the Stock Exchange of Singapore that its one-for-two bonus and rights issues have been approved by shareholders at an EGM on July 31. Shareholders in the register of members on Aug 6 will be eligible for the scrip. The rights issue of 7,422,387
      273 words
    • Article
      Shangri-La doing well
      457 11  -  Market Talk... By CHRIS LIM LONDON stockbroker Laurence, Prust ft Company has given Bhaagrl-L* Betel a satisfactory rating. In its Aug 5 issue of Far East Weekly News, Laurence, Prust said that despite the cautious remarks of the hotel's chairman in the 1980 annual report, Shangri-La's interim
      457 words
  • ASIAN STOCKS
    • Article
      Shares close weaker
      275 11 HONGKONG STOCKS yesterday fell back a little in a quiet and listless market as the Hang Seng index closed 5.48 lower at 1,689.27. There was not much action in blue chip issues though some third liners were erratic, they said. The feature of the day was shaw
      275 words
    • Article
      Sydney stocks firmer
      379 11 THE market yesterday achieved its seventh rise in succession as traders got up their hopes for a generally conservative federal budget today, dealers said. Canning Basin oil stocks attracted much of the attention as the market awaited the results of production tests at the Blina no 1
      379 words
    • Article
      Tokyo market rises
      515 11 SHARE prices yesterday rose sharply on continued foreign buying in moderate trading, pushing up the market average 42.74 points to close at a record 8,019.14. The Tokyo Stock Exchange index gained 1.38 to 603.92 on volume 380 million shares. Despite apprehension over possible margin trading curbs, selective
      515 words
    • Article
      Bangkok
      81 11 STOCK prices yesterday closed mostly lower in the absence of buying support. AUO 11 Baftta Asia Fibre in -i WW."' 11 JO ■inch Bangkok Bank Bank Of Ayudtiaya no unch t Ltd ISO BarU Jueker Charoonf Thai Wire IB S Firet Trurt 4U5 -4.15 Industrial Finance Corp n •1
      81 words
    • Article
      Manila
      83 11 auo n i P**o* Acojt litnlnc 0CH5 unch AlimM Con. A AUaa Con B. 77 JO 1 Bacuko Ootd MM 0.0001 Btniurl Coo B nr Anfvlrirh SO 10 JD unch CDCP Landoll 4 unch Lcpanto B. 7m OOOB Maxlnduqu* B ISO ♦M OrWntaJ A Oriental B oe -ojoa pnu
      83 words
    • Article
      Selected indices
      33 11 H.K.HANG SENG Monday 1689 27 Friday 1894 25 Week Ago 1683 82 AUSTRALIAN INDUSTRIALS Monday 19 Friday 713-4 Week Ago 705 0 ALL ORDINARIES Monday 657.3 Friday «555 Week Ago «37-7
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      229 11 Somebody called us busybodies the other day, and he isn't wrong. Our interest are so EL wide-ranging they'll fill £§823* pages. They range from ships to fertilisers, cars to chocolates, tractors to computer systems. In short, our interests are multinational and multifaceted. With a history and tradition of entrepreneurship behind
      229 words
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      Page 11 Advertisements Column 2
      491 11 A high speed word processing system for MANUFACTURERS Use Burroughs for business correspondence, technical manuals, direct mail, memos, reports and purchase orders. NSj A comprehensive word processing system for ACCOUNTING FIRMS Use Burroughs to make sure figures are correct before they're put into financial statements, proposals, tax returns, audits and
      491 words
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  • Article
    Ganda withdraws acquisition plans
    260 12 GANDA Holdings has decided not to go ahead with its proposed acquisitions of four companies and some housing lots. The four companies are Tin Siang Sdn Bhd, Harta Empat Sdn Bhd, Marikh Construction Sdn Bhd and Sinpang Sdn Bhd. The housing lots which Ganda intended to
    260 words
  • Chief Price Changes
    • Article
      SINGAPORE
      136 12 Rites Hume F E 575 111 Falls P M R I M Breweries M U I H Lmi| Credit Hong Leone lad PMC Spore Lead H Leone Pia Pefi Mmia Sel Properties Kempaa Prima O C B C B Senbiwaaf Taipiag Textile Geatiafs U M W 750 520 1220
      136 words
    • Article, Illustration
      KUALA LUMPUR
      163 12 Falls Kfllinghall 2400 -200 H L Credit 1200 -180 MUI 1330 -170 H L Fin 1600 -140 UMW 525 106 PMC 1410 -90 OCBC 1080 -80 Tronota 1240 -80 Ind Oxy 300 -76 Pe«l 380 -70 K L Ind 386 68 Syn Resins 430 -66 Sel Dredge 500
      163 words
  • Article
    UIS rising from strength to strength
    326 12 CLOBED-ead Isvestmeat trast United laternatteaal Securities (UI8) Is grswtag frsm streagth to streagth. The eempaay, which Is aa asasdato sf the U sited Overseas Baak, saw its grsap pretax prsflts rlslag eeat to )UH milHaa fer the first fx msaths this year. Net iaciaded
    326 words
  • Article
    ABN confident of doing better
    690 12  -  mi Companies Editor: Mat» Sabnani By KOH TSE YING ALGEMENE Bank Nederland NV, which is to make its debut on the Stock Exchange of Singapore tomorrow, is optimistic of a better performance in the current year. Although prevailing conditions in the international money and capital
    690 words
  • Article
    Slight increase in profits of Prima
    311 12 PRIMA Ltd, a company that is best known for its flour-milling activities, achieved only a marginal increase in its half-year operating profits, but will still be paying the same rate of dividend as at the interim stage last year. In its report for ft»e
    311 words
  • Article
    LATEST RESULTS
    411 12 HOTEL Beyal made pretax operating profits of $1.74 million for the first half of 1981, compared with $909,961 the previous interim. Sales volume amounted to $3.88 million against $3.35 million previously. Net profits after tax, depreciation and rights issue expenses were trimmed to $575,757, only marginally better than
    411 words
  • Article
    LONDON STOCKS
    810 12 LONDON, Moo. Government bonds ended with gains of up to V« point today, while equities closed narrowly mixed in quiet trading, dealers said. At 3pm, the Financial Times index was up 0.8 points at 573.3. Government bonds moved firmer in early thin trading amid light buying interest ana
    810 words
  • Article
    SURPLUS OF $267m FOR MING COURT PROPERTY
    227 12 THE land on which Ming Court Hotel now stands, if re-developed into an office-cum-shopping complex, is estimated to be potentially worth $285 million. This represents a surplus of $267.3 million over the net book value of the hotel and land as at June
    227 words
  • Article
    Lock icon Broke-n rules?
    693 12 n mm™ by HOCK LOCK SIEW THE boom and bust cycle that the local stock market has experienced since the the beginning of this year, and the way various involved parties have behaved through it all, has once again highlighted the need for fundamental changes in the securities
    by HOCK LOCK SIEW  -  693 words
  • Article
    Lock icon DOW JONES LOWER
    74 12 AP NEW YORK, Moo. The stock market headed lower this morning, responding to a larger-than-expected increase in the US money supply. Hie Dow Jones average of 30 industrials dropped 2.61 points to 994.27 in the first half hour. Loners outpaced gainers by an 8-to-5 margin in the
    AP  -  74 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      110 12 sJ[ltii"-" H X 1 Ik V pjf* S jj*** ftcromr *fM*SiNTATtVt fO* SOUTH EAST ASM %J/ STTHUSEAJPTELTD Unit 1003, 10th Floor, Tan Boon Liat Building, Outram Road. Singapore 0316. Tel. *****47 (3 Lines) Cable: STIHLSEA Telex: RS ***** NOTICE To the holders of the floating rate U.S. Dollar Certificates of
      110 words
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      Page 12 Advertisements Column 2
      67 12 ONLY A BIG AND WELL KNOWN COMPANY WOULD RENT YOU A CAR WITHOUT CASSETTE/RADIO AND CASSETTES. At BTW, we have to do a lot more to win you over from our famous competitors. A cassette/radio and cassettes is just one extra you'll find in all our cars from the smallest
      67 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      52 12 Outlook for Singapore from 6am to lpm today: Mostly fair and windy. Report for 24 fears prtor tolJpo«Ai|ll ittkealrpwi Maximum temperature 32.0 Associated humidity 66 Minimum temperature 26.9 Associated humidity 90 Hours of sunshine 6-60 Rainfall in millimetres Nil Total rainfall for the month 11.0 Total rainy days for the
      52 words
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  • SHIPPING TIMES
    • Article
      Suppliers form association
      361 13 REPRESENTATIVES of companies involved in the ship supplies business have formed the Singapore Association of Ship Suppliers in an effort to improve their services. Mr Chew Seek Whye, president of the association, said the ship supply industry is no longer limited to simple stores. It is now
      361 words
    • Article
      Frances Bay's run to start next week
      531 13  -  By JAN LEE A NEW monthly service from Singapore to the ports of the Northern Territories in Australia will start next week when the Frances Bay begins her maiden voyage on this run. The vessel's round voyage is from Singapore to Darwin, Gove,
      531 words
    • PORTSIDES
      • Article
        Lock icon Shanghai freighter
        56 13 AFP A FREIGHTER of 25,000 tonnes built by the Hudong Shipyard was launched in Shanghai last week, the New China News Agency reported. This is the 13th vessel of the same tonnage built by the Hudong yard, with which Hongkong and foreign firms have placed orders for five
        AFP  -  56 words
      • Article
        Lock icon Cooperation pact
        45 13 AFP SOUTH Korea and Saudia Arabia signed a port cooperation agreement on Sunday in Jeddah, the Saudi News Agency reported. The agreement is for improving communications between Jeddah and Inchon in South Korea, in order to develop trade between the two countries. AFP
        AFP  -  45 words
      • Article
        Growth at Hamburg
        92 13 CONTAINER handling is growing faster than expected in the port of Hamburg, with spectacular growth seen especially in the Asia trade. Statistics released by the Hamburg Port and Warehouse Company (HHLA), which is owned by the city and Hamburg's largest port operator, show that the company handled
        92 words
      • Article
        Hellenic expands service
        69 13 HELLENIC Lines Ltd has announced the expansion of its fully cellularised operation connecting the US, the Western Mediterranean and UK/ Continent service with India and Pakistan. Frequency of service will in effect be doubled on its dedicated feeder service, relaying cargo via Sharjah, United Arab Emirates, to
        69 words
    • Article
      INDEX TO ADVERTISERS
      689 13 Shipping line P*f e CM Sklppiag Liae CM Actupelego vn EUat VI 5 AIm VI s Elms m A (to-Eurasia VI X Evemt Orient rv 4 All trans vn Evergreen IV 2 Alpac VI i Feaco vn Angkutan VI 4 Fiona Lauro V 5 Angonavr V 2
      689 words
    • Article
      SHIPS IN PORT
      357 14 ARRIVALS KEPPBL WHARVES Cherry Jay* (1500) 71 Feng Tao 44 Freeser Ace (3000) 18 Iwaahiro Maru (2100) 31/32 KoU Ratna (0700) 10 11 Palm Sea Horse 15/16 Mendoza 46 Marie Bakke 6/7 Min Fu 40/41 Sun Opal 47 Sun Phenix (1200) 19 Straits Star (0900) 21 CONTAINER
      357 words
    • Article
      Container Schedules
      973 14 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 Arnold Maersk 8110 18.8.81 1200 Maersk 51 TT T'world Bridge 7W 18.8.81 1700 Neptune TA 4 TT Jutlandla 274 18.8.81 2300
      973 words
    • Article
      LONDON FREIGHTS
      1548 14 CHERTERING was generally quiet and featureless on Friday in all sections of the freight market with little change in rates evident, brokers said. North American grain business was mainly out of the Great Lakes with a vessel for Seaforth paying U5524.75, and a 15,000 ton cargo being covered
      1,548 words
    • Article
      Lock icon Manila throughput declines
      762 15 Bangkok Post TOTAL cargo throughput handled at the Port of Manila fell by 1.95 per cent to 11.03 million tonnes during the first semester this year compared with 11.25 tonnes posted in 1980 for the same period. This has been attributed to the general slowdown in world
      Bangkok Post  -  762 words
    • Article
      British shipping earnings continue to fall
      296 15 BRITISH shipping's eaatrlbatlaa to the Mmw *f p»ymeato feU la real torn» tost year a tread likely to eaatlaae aa a wot flipue at mare aad mare vessels. Flgares released by the General CaaaeU sI British SMppiag (GCBS) shew that IK-owned aad reglatored ships
      296 words
    • Article
      Lock icon Mozambique as a modern gateway
      812 15 Reuter MOZAMBIQUE has made progress towards establishing itself as a modern gateway to a new African economic community, but says it needs more help from its friends. It is looking particularly towards comparatively-rich Zimbabwe, Africa's newest independent state, for more business and a bigger gesture
      Reuter  -  812 words
    • Article
      Shipping Events
      114 15 OFFSHORE Marine TeekMl«gy exMMttaa ui cmfereace August 19-21, Gothenburg, Sweden. HyMyunlei la «mm eagiaeertag August 2428, Norwegian Hydrodynamic Laboratories, Trondheim, Norway. Eaglaeeriag far ra-rt September 7-11, University of Newcastle upon Tyne. A course for professional engineers and architects to provide an up-date in knowledge in all engineering aspects
      114 words
    • Article
      SHIPPING LIST where your ships are due...and when
      1390 20 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and'the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN Ship
      1,390 words
    • Article
      Lock icon INCREASE IN SHIP ENQUIRIES
      226 20 AFP THE PROSPECT of a compromise at this week's Opec emergency meeting, which could result in a price increase for Saudi crude, stimulated enquiries for large vessels from West Asia. Brokers reported that the availability of these vessels is now the lowest for some time. But
      AFP  -  226 words
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      Page 13 Advertisements Column 1
      340 13 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. See Page <vj> I \R I) 1M W I H Orient Overseas CojiiameA Line Caftnf Brouertiawn after Hamburg *Oosm| Tnms (S'pore) v7oiil> a.i7 n n 2/9 12/9
      340 words
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      Page 13 Advertisements Column 2
      261 13 11SEALORDH UASC UNITED ARAB SHIPPING CO (SAG EXPRESS MULTI-PURPOSE SERVICES (5/10). Ommtm (1/10) xm (14/10) SMMMH 1.37 21/1 FULLY CONTAINERISED SERVICE 1 intransit ygn 1 ;ii •tt. MTHM4 V.IS Qosidf times fa 18/8 1500 HRS ia 18/8 0300 HRS At w«m*« u Mm* Qatoos (28/8). Dubai (30/8). Kuwait (3/9). Cum
      261 words
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      Page 13 Advertisements Column 3
      20 13 laaaaß CONTAINER Schedules II SHIPS In Port II LONDON Freights 11/111 SHIPPING Events 111 SHIPPING Schedule VIII REGIONAL Weather VIII
      20 words
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      Page 13 Advertisements Column 4
      599 13 Z0 FESCO LINES FAR-EASTERN SHIPPING COMPANY Regular Services To SOUTH EAST ASIA, JAPAN, INDIA, USA ft CANADA. Agent: Singapore Soviet Shipping Co Pte Ltd TEL: *****3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACIFIC. GULF, ATLANTIC, EAST CANADA. ASIAN PORTS Veaael +1* Sated Sated 22-23/1 29-30/S 54/8 12-13/9 19-20/9
      599 words
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      Page 14 Advertisements Column 1
      766 14 CONTAINER SERVICE Zm&im Sank* SM JUTIAMM 21/8 B PERMAI 28/8 KOMBGAN 4/9 MHON 11/9 SEIANOA ;»/9 8 sua* 25/9 N OCJMA Tefaeepe 1) Msedte 2/9 9/9 m 23/9 30/9 7/10 14/10 2) Man 3) Htari 4) Gtwrf 4) Rdam S) Lt H Sadad Sadad 1) BaruMu*Genoa. 2) Amsterdam. Antwerp. LHawe.
      766 words
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      Page 14 Advertisements Column 2
      315 14 EBB SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA a/I IVI a/i a/i 2/1 I V* VI I 7/1 Wl 7/1 I u/i wa MAHA" A* 17, "«A* "•AfWEft FEMCUI" fcpl J. "tAMKR lENNUI h* i. "BAMCH TONIKRQ" fc* U TO: PANAMA US ATLANTIC EAST CANADA US QULF mm
      315 words
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      606 15 Overseas B Containers Limited STRAITS SHIPPING Singapore to Sabah, jarawafr. Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK/CONTINENT iin 12/1 17/1 19/9 it/$ a/9 3/19 95/10 99/19 11/19 97/19 99/19 IS/19 11/19 17/19 19/19 29/19 23/19 29/19 29/19 r<M I'M) la Haw* 14/9 IC/9 29/9 22/9 29/9 91/19 1/19 99/19
      606 words
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      Page 15 Advertisements Column 2
      357 15 rfa Franco Belgian Services f- .i y >-• b<, ,>. /<, .t:r. i- >r'. /1* f RF IM MM IKKITQR OKMTM CMEF m com mo 1 gmg to SMUPOH P.KUK LeNawe Iter HW| rttmn Ami* 14. Pert 19* 51* I Sept 10 S* U Sept 13Sept 21 22* 9S* 191*
      357 words
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  • Page 16 Advertisements
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      519 16 Hapag-Lloyd EXPORTS U Harre TO NORTH EUROPE 10/9 12/9 17'9 19/9 26 9 ?8 9 310 SlO 9 10 11/10 710 9/10 20/8 22,8 27/8 ?8 8 4/9 6 9 11/9 13/9 18/9 l>H*H Eiprtu Ha*(| Eiprtss Hants Bat Cardial Bar Also accepting transhipment cargo lor CARIBBEAN WEST WOKS «ia
      519 words
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      Page 16 Advertisements Column 2
      547 16 KOREA smiM LINE CORPN P. Keiang PENANG STORE ALTAR 165E Sid In Port IS-20 Aug FMM ALTAI! 166E 9d BANGKOK 11-20 AMI TO BUSAN VE6A 162* 27-30 Aug 31- 2 Sip 3-5 Sep VEGA 163E 27-30 Auf 31- 2 Sep 3-5 Sep FROM BUSAN BANGKOK TO BUSAN ISC use use
      547 words
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      Page 16 Advertisements Column 3
      459 16 r-r; EVERGREEN LINE r fflß EAST EUROPE EXPRESS EUll CONTAINER SERVICE ALSO ACCEPTWG CARGO FOR: UNITED KNGDOM SOUTHAMPTON. LONDON, MANCHESTER. BIRMINGHAM, BRISTOL, LIVERPOOL. GLASGOW. LEEDS. ETC. WEST GERMANY BftEMERHAVEN. OSLO, STOCKHOLM. GOTHENBURG. AARHUS. COPENHAGEN HOLLAND AMSTERDAM Sam MM Hint it f*Mm Uh| t« Hmti (Mrl** a/I 12/9 18/9 (mitotan 31/9
      459 words
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      Page 16 Advertisements Column 4
      749 16 am Burma Fhrt Star Shipping Carpn. "BURMESE NATIONAL LINE' LOAONG FOR RANGOON IMrt/ll >m i i/n*n vw >*t BFSSC Agent* m Moloyvo BOUSTEAD SMWNG TO. NOS KL *****2/*****9 CM H IMtrWMI LA.C.I.F. "AR6ENTINE NATIONAL LINE" LOADMG FOR DURBAN MONTFVOEO BUENOS ABES S>« WCTOBA I J/4 Uf Tramp ortaoon MarftNM Maxicana
      749 words
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      Page 16 Advertisements Column 5
      302 16 mO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE MSB ASCENT MZESTKLU MAT NONCE OCEAN PK KABOMMU PEONY TABHO MAMJ OASB WSCOUNT SAfET SEMTAUM HOKOMMU ELVSMN STAR CDBUL AGENTS AGEKT3 M MALAYS* P KELAN OCEAN MPPK A OnOWBD PIE LTD SMGAPOK m 22*1144/7 A 22*137* I lIMPUR m *****4
      302 words
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      785 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) 10-10/10 12-13/11 17-18/12 Accepting LCL Cargo to Colombo 4 Aqsbs. *FCL Closing 3/9 2300 HRB I S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' VESSEL NEP TOPAZ NEP ZIRCON NEP TOPAZ NEP ZIRCON Closing Timor FCL 20/8
      785 words
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      Page 17 Advertisements Column 2
      785 17 rpr* BENLINE CONTAINERS 1 EXPRESS CONTMO SERVICE TO/FROM EUROPE Hanfkaaaf (ipreu 27/1 29/1 17/1 11/$ 21/9 22/9 15/» Hankwi Eipran 4/9 (/I K/» 2t/9 29/9 1/U 24/9 BMMr 11/9 VII 5/11 1/11 VII IMIn IV9 9/14 U/ll 7/It 14/11 «/lt Cartfean lay IV9 7/lt t/lt It/It 17/11 IVII Krafi Mm
      785 words
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      Page 17 Advertisements Column 3
      554 17 Scan Dutch? WEEKLY EXPRESS CONTAINER SERVICE l)4rooM2)ltoi 3)lTM|4)C'taf| r* (om LMr*nt U l. Cman UC FtQU MtDAWWOSCAN m nrwi ?)irwi J>rv- «>r«» ixmk ZZ lu M m M M M M 8 kM a i i *t i»/i VI +48 hftrt 118 Ml A 1) Mm. Stockhotm (Mi. Marti 2)
      554 words
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      Page 17 Advertisements Column 4
      529 17 BOUSTEAD SHIPPING AGENCIES REPRESS INDEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) I SPORE I R'DAM HULL HMBG SANTA FE IVYBANK CLYDEBANK SANTA ELENA 21 Aug 2Sep 19 Sep 9 Oct 15 Sep 23 Sep 19 Sep 28 Sep 1 Oct 6 Oct 14 Oct 18 Oct 23 Oct 9 Nov
      529 words
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      772 18 a' Kline KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA [artor letder vessels mo avafcMe on request Cargoes aha acceptable tor Oakland, Vancouver, Portland. Houston. Galveston. Hew Orleans, Mm. St Mr PNbdafctaa. NerteA BaNmrt Savannah. Uctuxwfc JAPAN-STRAITS-JAPAN Ytss<H Spore Penang PKelang I Spore Tokyo Nagoya Hot* nan Mr
      772 words
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      Page 18 Advertisements Column 2
      654 18 CALIFORNIA/PACIFIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER SERVICE ANEELES. SAM FtMCSCO. SEATTU. TACOMA VANCOUVER. B C Accaptmf Fa/Fa Contmri P ««»< Sfflfapore I Anples M PARMAL _l U Sept 7 Oct AUSTRALIA EXPRESS CONTAINER SERVICE Accepto* Fa/Fa Calam VWVA TARANG P >(UH| JAPAN SERVICE Sn*apore 26*u« VQMM KAHUNA VBHVA ADfTYA YISHVA
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      Page 18 Advertisements Column 3
      352 18 r H (iroiip SINGAPORE SHIPPING AGENCIES PTE LTD 20TH f LOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINf SI GENERAL *****1 .14 LINES. TERMINAL OFRCE *****83 TELEX RS ***** RS ***** A B CARSMIP CABLE CARGOSHIP Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK SISCiAPORE ISLANDS USH MIDDLE EAST REGULAR
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      Page 18 Advertisements Column 4
      584 18 KORINS MARITIME SERVICES !ff Room 601. ICB Building, Shenton Way Singapore Tel *****22 *****67 P Krianq T e > 38 7 OQ4 "*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES CD Hyundae Shipping Co. Ltd. Ytiama Kobe S pore P. KelanfLoadng for HAN NARA In Port Damman/Kuwart/Bahrain HAN GARAM.— 25 Auj teddah/Hodeidah HAN
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      Page 18 Advertisements Column 5
      622 18 4p» INTRASEA (PTE) LTD. Suite 2616. Internationa' Pi.i/n Anson Ri: Singapore 0207 Te> 1 Lmesi BREAKBULK SERVICE TO EUROPE/UK ANAMGEL WISDOM NOR ASM BMW) Spar* P. KaM« 13 Sap 17 Uc I Oct 10 Oct BOIOU6NE/R-DMMR (AW FULL CONTAINER WEST BOUND SERVICE FULL CONTAINER EAST BOUND SERVICE FULL CONTAINER HK/KEE/YOKO
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      725 19 NOL NEPTUNE ORIENT LINES LTD TO EUROTE/UK (VIA SUEZ): Also accepting cargo to/trom Scandinavia N JADE S pore Closing Times: FCL Cargo 0600 20/8 LCI Cargo 1800 19/8 FROM EUROPE (VIA SUEZ) TO AMD FROM AUSTRALIA: POMN6 P. KELANG. Temasak 18/10 21/10 23/10 25/10 5/11 7/11 MXUDE—FREMANTII. Also accepting cargo
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      Page 19 Advertisements Column 2
      469 19 MALDIVE LINES ETA ETA KUANTAN fOtT HELMS FOR BOOKMGS I ENQUMES PLEASE CONTACT: SWGAPORE PORT HELAHS PANOCEAN NAVIGATION I TRADBM OMENTAL SHPPMK CORPORATION CO WE) LTD TEL: HI. *****8/*****4 UM •ntXNATIONAL PLAZA PORT KELAN6 *****4 ANSON ROAD KUANTAN *****519 SINGAPORE 0207 TEL: 2223*20 PASS GUDANG ******5 |lIMAC-NELS AGENCIES PTE. LTD.
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      Page 19 Advertisements Column 3
      964 19 m sinsov SINGAPORE SOVIET SHPPMG CO PRIVATE LTD SMSOV BULDMG 55, Mariiet Street Sinfapore 0104 Telephone Numbers *****3 (10 lines) Cable Address SMSOV SMGMUK Telex Numbers RS ***** RS ***** RS ***** f KEUMC M/S SHMNUT NAN SOON SON. M IST AND 2ND FLOOR NO 1. JALAN CEMPCNWG PORT KLANG.
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      Page 19 Advertisements Column 4
      68 19 ry can/ivv/ill iKir vyrii vll vi a i-i i i BULK TIMBER PLYWOOD SERVICES AI) TM J K SMIPPt' NAC.AT CAM A ,f Sl>\ KM; SWEE JOO EXPRESS TO HNTULU SWEE LOW MTV (Ml ISM) *r It 21JJ1 SHE UK MTV (Ml MM) wf U 1911 Acoptiar ht**r Ml 9
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      301 20 'A ANTOLL LINES 1 1 independent Lnet Service FCI Containers Heavy Lifts m hrd 8 U to KDlin WIBiGIONGI STW«» BKISBAW I»SMARM SIHCHW «S! maiatsia 'O I N StVfWG PTE 110 I*ol 5 Hobri House Shenton Ni» Sria:o<f- 0106 Tli RS ***** TH ?*****1 Bits 223/343 2210f?3 KSH Mi Sdr
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      Page 20 Advertisements Column 2
      288 20 SAUDI E«si LINE Regular Conventional Service (AH Soudt Flog VMteh) Loading for DAMMAM, DUBAI, JEDDAH BKK SIN P 13/9 11/9 2 21/9 3/10 LET* UMH WNUTKM CO lIP TEL: *****57 LW TwamnNW 4i«2M/4i«M MIWMH.W *7375 TRANSTIMBER LINE BULK TIMBER SERVICE Imljn pK LoKbif tart* PR MCA ATIANTICA hi hrts 20/1
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      Page 20 Advertisements Column 3
      327 20 Kline kinkai KAWASAKI KINKAI KISEN KAISHA, LTD.. JAPAN/STRAITS/ JAPAN Fully Containerised Service Vessel Tokyo Rot* Spore Pen** P Ketan«Sj>ore Tokyo Kote NORWAY fl SU SU 21/1 23/1 24/8 21/1 1/1 11/9 NOROSTM *7 29/8 31/1 11/1 12/5 13/9 15/9 21/9 30/9 NOROBAY VII 1/9 11/9 21/9 23/9 24/9 28/9 7/11
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      Page 20 Advertisements Column 4
      292 20 ft lOHORE SHIPPING IY lbl lAIAN TENGKU BAOAR PORT PfIANG shangor Malaysia HAJ SHIPPING SDN. BERHAD [ipress Urattoad Service from P Mar* k East Malaysia I Brum HAYATI V: 12/11 HAYATI V: 13/81 HAYATI V: 14/11 HAMDAH t. 15/11 HAMDAH V: lfi/tl HAMDAH V: 17/11 P.KOANG 24/1 «/5 15/5 2/9
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      Page 20 Advertisements Column 5
      169 20 SEALION SHIPPING (S) PTE. LTD. Tel: *****81 Tlx: ***** SEALION SHIPPING (M) SON. BHD. Tel: 38-7754. 38-7475, 38-9851 Tlx: MA***** SEJAMA SHIPPING TRANSPORT SDN BHD. Tel *****1, *****2 Tlx: MA***** NORDIN SHIPPING TRADING SDN. BHD. Tel: 073-*****/***** Tlx: MA***** TITI SHIPPING TRADING SDN. BHD. (UNLOAD EXPRESS SERVCES TO EAST MALAYSIA
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      150 20 I f, m <? I w a > M 7A ON I =N LLl£ c a 5 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C =hjW(r Weather Wind direction with speed in knots R in Wave height Goody Sky Sartam wMi are tadleatod
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