The Business Times, 3 September 1981

Microfilm: NL11254
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 THURSDAY, SEPTEMBER i, 1181 60 CENTS
    11 words
  • Article
    DBS and UOB lead manage $60m loan for Gentings
    493 1  -  By ALVIN TAY MAJOR local banks, which stayed away from the Hong Leong Holdings loan, are back in full force for the $60 million syndicated loan to finance Genting Berhad's acquisition of three Singapore rubber companies. United Overseas Bank and Development
    493 words
  • Article
    Hope for coalition in Kampuchea
    92 1 THREE key Kampuchean leaders arrived in Singapore yesterday, raising hopes that they will meet soon in an attempt to arrive at a basis for coalition. Prince Norodom Sihanouk, the former Kampuchean Head of State, is here on an official visit at the invitation of Prime
    92 words
  • Article
    Mahathir's views on stock market
    582 1 MOVE TO CURB MANIPULATION THE Malaysian Government believes that there is excessive speculation amounting to manipulation on the Kuala Lumpur Stock Exchange, and is set on arming itself with appropriate legislation so as to have a say in the running of the Exchange. To this
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  • Article
    Brokers told to clear positions
    395 1  -  By CHRIS LIM AFTER three days of decline, share prices rose yesterday in a rally led by speculative stocks. It is significant that the recovery yesterday came after a circular was issued to broking firms on Tuesday afternoon, advising them to "take immediate steps to
    395 words
  • Article
    Medical goods companies not keen to invest
    252 1 THE Economic Development Board will not find it easy to achieve the growth target it has set for the medical industry. Studies show that US medical companies, in particular, feel no urgent need to invest in Singapore or anywhere else outside America because
    252 words
  • BRIEFLY...
    • Article
      Lock icon New Iranian premier
      57 1 AP BEIRUT, Wed. Iran's parliament elected Ayatollah Mohammad Reza Mahdavi Kani Prime Minister today. Pars, the official Iranian news agency, said the Majlis endorsed Kani, a 50-year-old religious and political leader, by a vote of 178-10 with eight abstentions. However, Teheran Radio reported a vote of 178-0,
      AP  -  57 words
    • Article
      HSBC raises prime
      44 1 THE Hongkong and Shanghai Banking Corporation will raise its prime lending rate by 0.75 percentage point to 14.25 per cent today. This move pushed the Business Times' prime lending rate index of 12 major banks slightly upwards to 14.125 per cent.
      44 words
    • Article
      Singapore joins ICO
      80 1 SINGAPORE has become an importing member of the International Coffee Organisation (ICO) from August 28. The ICO said all coffee exported, reshipped or re-exported to Singapore between October 1, 1960 and the date of accession, but have not landed or transited through Singapore, may be imported only
      80 words
    • Article
      Lock icon Harun succeeds
      90 1 Reuter KUALA LUMPUR, Wed. Controversial Malay nationalist politician Datuk Harun Idris, freed from jail early last month with a remitted sentence, was given the go-ahead By the government today to resume his political career. Datuk Harun's lawyer, Marina Yusof, said Harun has been told he can take up
      Reuter  -  90 words
    • Article
      Lock icon Meat inquiry
      63 1 Reuter CANBERRA, Wed. A government inquiry into the substitution of kangaroo and horsemeat in Australia's beef exports will open here tomorrow. Acting Prime Minister Doug Anthony said that a special committee headed by the Prime Minister's Department will look into allegations by the Bulletin magazine that the substitution
      Reuter  -  63 words
    • Article
      Mahathir's order
      70 1 KUALA LUMPUR, Wed. Prime Minister Datuk Seri Dr Mahathir Mohamad said today that state exco members will have to decide whether they want to give up their business ventures or continue to hold public office. The government would accept their resignations if they decided to continue with their
      70 words
    • Article
      Lock icon Malaysian request
      82 1 UPI TOKYO, Wed. Malaysian Minister of Primary Industries Datuk Paul Leong has urged Japan to abolish its 4 per cent import duty on palm oil and to ratify the Sixth International Tin Agreement. Datuk Leong said Mr Rokusuke Tanaka, Minister of International Trade and Industry, would speak to
      UPI  -  82 words
  • Article
    Confirming houses may look to S'pore
    522 1  -  By LEE YOKE MENG SOME OF the leading confirming houses in London may set up shop here as the British authorities clamp down on credit and credit insurance facilities for third country financing. Confirming business has been booming over the last few years, and
    522 words
  • Article
    MNCs here to hold subcontracting talks
    188 1 TOP executives of several European multi-national corporations will visit Singapore next week to talk about subcontracting opportunities for the Asean countries in the European Economic Commission. Eleven speakers from the EEC will conduct a five-day market information seminar on subcontracting opportunities for engineering products,
    188 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      203 1 Bookshops KMDS HONG Leong Holdings plans to hive off Hume (FE)'s 71 per cent stake in Hume Industries (Malaysia) to "the Hong Leong group in Malaysia" Page it INTRACO has turned in mildly disappointing half-year results Page 12 STAFF training: some pertinent points on who to train, how to train
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    • Advertisement
      Page 1 Advertisements Column 2
      74 1 a* L l Jfc *s\ it Frisco Grill at Qrchardlow'ers thinks liighly of aDinersQub member Take your choice of US Prime Rib of Beef from our silver wagon or one of our renowned steaks. With superb wines to match. Dine in the cosy Spanish-American atmosphere of the Frisco Grill among
      74 words
    • Advertisement
      Page 1 Advertisements Column 3
      1 1 Leader...page <
      1 words
    • Advertisement
      Page 1 Advertisements Column 4
      190 1 the one and onty Dr. Sony airy day of the year *****1 The Sorry Service Centre The executive and the IBM Displaywnter word processing system. The IBM Displaywnter is a typing and text handling family of equipment with a host cf functions. Its designed to be aost efficient for today's
      190 words
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  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      231 2 WTVE GOT YOUR NUMBER. The BMW range of cars begins with the sublime and extends to the ridiculous. From the modestly priced and superbly appointed 3 series, to the outrageously powerful and appropriately priced Ml, every model in the extensive BMW range conforms to the rigid standards of design and
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  • OVERSEAS
    • Article
      PAC questions KL Treasury officials
      311 3 SENIOR Malaysian officials from the Treasury and the Accountant-General's Office were pulled up yesterday over the long delays in the settlement of bills by major ministries and federal departments and the perennial late repayment of federal loans by state governments, statutory bodies and cooperative societies.
      311 words
    • Article
      Lock icon Reagan may ask Congress to cut defence spending
      283 3 Reuter PRESIDENT Reagan may ask Congress to cut up to US$3O billion from America's defence spending in 1983 and 1984 to balance his budget. Deputy Press Secretary Larry Speakes said on Tues- day that the defence cuts could be part of $75
      Reuter  -  283 words
    • WORLD IN BRIEF
      • Article
        Lock icon JAPANESE TO BE RICHER
        434 3 Agencies JAPANESE will •richer than the Awral|l||p "lor the first i according to a dim by ttte Tokyo-based ReflaSftb Institute of National.Eo&c&iy., It said 1990, Japan's per capitWfcoss national product «fcNP) will rise to with fitfraD. INDONESIA toOTbfcMed a group of to»dbfHßshpean industrialists aa*||nkkrs to press
        Agencies  -  434 words
    • Article
      Lock icon Japanese invest more in America
      237 3 UPI JAPANESE investment in the United States rose 10.3 per cent in fiscal 1960, a US$l.5 billion increase over fiscal 1979, but Japan's overall foreign investment fell 6 per cent to $4.7 billion. The Japan External Trade Organisation (Jetro) said on Tuesday that the latest
      UPI  -  237 words
    • Article
      Lock icon LARGE OIL DISCOVERY IN CHINA
      121 3 Reuter AN OILFIELD which could be the largest in China has been discovered off the south coast. The English-language China Daily said yesterday that the oilfield, found in 1976 but announced only recently, covered 150,000 square km along the South China coast. The Chinese authorities
      Reuter  -  121 words
    • Article
      Lock icon Unreliable statistics
      529 3 AP RELIABLE statistics, an essential tool of economic management, are in a shambles in China and the country's leaders fail to recognise the problem. This observation was made in a studyin the latest issue of China Newsletter. which is published by the semi-official Japan External Trade Organisation (Jetro).
      AP  -  529 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      116 3 The daily Aircraft Schedule hat been held over. Flight information can be obtained by telephone from the airport (*****34/*****88) or from the reapective airlines: Tel No: SIA *****33/*****44, Garuda *****54, MAS *****22, CPA *****55, Qantas *****44, BA *****55, KLM *****42/*****44, JAL *****44/55, UTA *****22. Information on others can be obtained
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    • Advertisement
      Page 3 Advertisements Column 2
      229 3 YAOHAN Singapore Pte Ltd 0L 1 S iiS '4 1 4 i 11 M' A® I DAIM A T q Md LIIM i »stfCUE ,T S LID cay 4 tft r» I* 45 4 4 A. J''l Lams p <- SINGAPORE FOOD INDUSTRIES (Pte) Ltd •fj: J* 'ilr .'JS swwmm
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  • RAW MATERIALS
    • Article
      Lock icon China's early rice crop not good enough
      397 4 Reuter CHINA'S early rice harvest this year exceeded 50 million tonnes, one million tonnes more than in 1980. However, foreign agricultural experts said that though this was better than had been (eared, it was "not a great crop". The increase was achieved despite
      Reuter  -  397 words
    • Article
      WHEAT
      220 4 WHEAT futures in Chicago on Tuesday closed on top of a 912 US-cent range, up 8'« in nearby September to up one cent in deferred September. Traders called Tuesday's advance a local short-cover-ing rally, and attributed the demand to a general lack of selling interest. Commission house buystops were
      220 words
    • Article
      Produce exchange
      180 4 CHINESE Pradaee Exehtige, Stagtpirt, closing prices per 111 kg yesterday. (•canst «U: Bulk rob $122.50 sellers, old drum (in second hand drum) fob $136.50 sellers, new drum fob $141.50 sellers. Capra: Mixed (loose) $72.75 buyers. Pepper: Muntok white pepper fob Asta NLW $372.50 sellers, Sarawak white pepper faq
      180 words
    • Article
      TEXTILES
      196 4 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattaa yam: China Blue Phoenix 20s 2.410; 32s 2,840. 40s 3,000 (per bale of 400 lbs). Piece gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      196 words
    • Article
      RICE
      347 4 SINGAPORE: Yesterdays closing prices in SI 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 75.
      347 words
    • Article
      Straits Tin
      84 4 THE STRAITS tin price in Penang yesterday firmed 2€ cents to M 535.15 a kilo, stili within the ITA ceiling range of $32.74 to $35.47, dealers said. After the two day fall in Koala Lumpur, the market discounted London's lower close on strong Japanese and influential bnyer support,
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    • Article
      CLOSING PRICES
      35 4 Rubber: Sept 2 Singapore: Sept: 224.00 cents (up 1.50 cents) Malay sia: Sept: 254.50 cents (up 1.00 cent) Tin: M 535.15 per kilo (up 26 cents) Official offering: 101 tonnes (down 50 tonnes)
      35 words
    • Article
      SOYBEAN
      140 4 SOYBEAN futures in Chicago on Tuesday closed around the middle of an 11-US-cent range, up fractionally in nearbys to up as much as s'i cents in deferreds. Soybean product futures closed mostly firm in low volume trade. Prices edged off day's highs late on sympathetic local long liquidation in
      140 words
    • Article
      RUBBER
      230 4 RUBBER prices in Singapore yesterday closed with September One RSS buyers closed slightly higher at 224.00 cents per kilo, up 1.50 cents from Tuesday's close. Morning prices were marked up slightly in line with after close levels here and higher London advices coupled with covering interest and speculative buying.
      230 words
    • Article
      RAS PRICES
      417 4 RAS prices In cents per kilo yesterday Noon (per kilo) Buyers Sellers Int 1 R.S.S. prompt f o b. 217 00 218 OON Int 1 R.S.S. September 226 50 227 00 Int 1 R.S.S October 229 50 230.00 Int 2 R.S.S. 200 00 201 OON UK Cont 199
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    • Article
      SSR and SMR
      137 4 NOON SSR a. id SMR pnca* w ntenlav HAS SSR 20 SSR SO (1 loo pallet <1 -am pallet. September urreat Mtb) Buyer* Sailer* 196 00 197 OON 192.50 194-SON October 1 Forward Mtbl Bayer* Seller* 197 00 199 OON 194 50 196 SON MKBLB September Ortaber
      137 words
    • Article
      LONDON MARKETS
      855 4 COFFEE: Short-covering reaction to the recent price slide took London robusta coffee futures higher after a steady start yesterday, to finish mostly £19 to £32 a tonne higher by midday, but traders said there was no fundamental support and these levels were unlikely to be sustained. Volume was
      855 words
    • Article
      PALM OIL
      77 4 THE Kuala Lumpur market's report for yesterday was not available. C.I.F. North European ports. In US dollars per ton unless otherwise stated: LONDON Tuea Previous Malaysian 5 r ffa bulk per tonne October 505 00»lr 505.00slr Sumatra 5 r ffa bulk August 525.00slr September 500.00»lr 505.00slr October 510.00»lr
      77 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      324 4 cTI ESfl [T> I ll i kZirtS» Here's Your Chance To Do Business With Spanish Industries SPAIN 81 is the first industrial exhibition to be held in ASEAN. It features: 150 Spanish manufacturers 120 companies seeking agents Thousands of exhibits. This special event must not be missed by those doing
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  • TRADE AND INDUSTRY
    • Article
      Who's who at S'pore Fair
      354 5 AN Australian ministerial mission headed by the Minister for Mines and Energy is expected to attend Singapore International Fair '81, to be held at World Trade Centre from Oct 2 to 11. The ministerial visit is tied up with the Northern Territory government's participation in
      354 words
    • Article, Illustration
      Two to get honorary degrees
      275 5 THE National University of Singapore will hold its first convocation over six ceremonies beginning this Friday. Three ceremonies will be held this weekend and another three the following weekend, starting Sep 11. Acting President Dr Yeoh Ghim Seng, as Chancellor of the NUS, will preside
      275 words
    • Article
      Role for Malay community organisations
      394 5 MALAY community organisations can work closely with parents to ensure that Malay children benefit fully from their years spent in schools. Trade and Industry Minister, Dr Tony Tan, said this yesterday at the bursaries presentation ceremony of the Singapore Malay Religious Council (Majlis Ugama Islam
      394 words
    • Article
      American Express
      78 5 THE Singapore Symphony Orchestra's celebrity concerts today and on Friday at the Victoria Concert Hall will be sponsored by American Express card division. "It's part of our continuing programme to support the arts here," said Mr Ray Paske, resident vice-presi-dent, South-east Asia and Subcontinent. Guests artiste for the
      78 words
    • Article
      Maritime seminar
      255 5 THE Singapore Maritime Officers' Union is organising its first maritime seminar. "Cruising towards a new maritime industrial relations climate", from Dec 7 to 10. Very appropriately, the venue for the seminar is on board the passenger ship Centaur on a cruise to nowhere. Hoping to get somewhere, however,
      255 words
    • Article
      Story of Changi Airport
      142 5 HOW Changi Airport was built all the headaches and difficulties and how they were overcome will be discussed in a two-day symposium early next year. Spearheading the project to inform airport planners and developers from all over the world is the Public Works Department which oversee
      142 words
    • Article
      Pioneering role for Welcome?
      406 5  -  By LILLIAN CHEW THE chain of NTUC Welcome supermarkets should consider offering itself as a company prepared to try out the recommendations of the Committee on Productivity. The Minister for Communications and Labour. Mr Ong Teng Cheong, also suggested yesterday that NTUC Welcome should consider forming
      406 words
  • Page 5 Advertisements
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  • Article
    Medical plan needs first-aid
    370 6 THE MAKING of medical supplies and equipment has been designated a priority industry for this decade by the Economic Development Board. It falls into that category of industry we want to attract high technology, capitalintensive, requiring highly skilled workers. It also fits neatly into the Government's
    370 words
  • Article
    No time to stand around and wait
    280 6 THE NTUC Welcome chain of supermarkets seems to be the perfect testing ground for implementing the recommendations of the Committee on Productivity. The 650-member strong establishment not only has the numbers but also the stable and harmonious industrial relations that will make the
    280 words
  • Article, Illustration
    Lock icon A CRUCIAL ALLIANCE
    1200 6  -  Midland's bid for majority stake in Crocker National The combination of Midland Bank and Crocker National will place the new group among the top dozen banks in the world. WILLIAM HALL and lAN HARGREAVES examine the rationale behind the planned alliance. WILLIAM HALL and IAN HARGREAVES FT
    FT  -  1,200 words
  • Article
    Lock icon BIG LEAGUE STATUS
    843 6 FT "THERE IS a critical size in our business. It's OK to be poor and OK to be rich, but not in the middle. We are not small, but we are not big." Thus runs, in its most simple version, Thomas Wilcox's explanation of why six years
    FT  -  843 words
  • Article
    Continued criticism of SES indifference
    568 6  -  r Letter to the Editor L J ROBERT FONG 84, Main Raod Ban ting, SflM(or Malaysia Dear Sir, May I, in all fairness, as an investor across the Causeway, be allowed to express my views in your paper on the disastrous crash on the stock
    568 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      668 6 -11-OIE CROSSWOBD CRYPTIC PUZZLE ACROSS 1 The sort of coffee for a pot? (5) 6 If included, is only brief (5) 9 Pursued doggedly (7) 10 Remove the sticking plaster? (5) 11 Rules said to be for the control of horses'. (5) 12 Avoids birds (5) 13 Where, in London,
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      765 6 Watery Confrontations TWO DEPUTY Mmhklli, played ky Gil Gerard (ef TV's "Back Rageru" lame) tad Yvette Mlmleux, eemb Ike Seattle watorfrMt wklle searcklng fer Alice, tke 11year aid wke kas been reparted missing. They pane as uadercever agents trying la tatlltrate a ■■■peeled wklle slavery syndicate aad •aea Bad tkemselves
      765 words
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  • Article, Illustration
    Strategy development
    812 7 THE Skills Development Fund was set up in 1979 to provide assistance to companies wishing to train and upgrade their workers. Contributions to the fund are made by employers with employees drawing a monthly salary of not more than $759. The collection is estimated at $199 million a
    812 words
  • Article, Illustration
    POTENTIAL PAYOUTS
    373 7 THERE is an array of potential advantages to the individual organisation if it invests time and money to train workers. Mr Warren Hegg, director of the International Management and Economics Group, for example, can easily list 12 "potential payouts" from this investment. They include increased production, better quality
    373 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      70 7 MEZ Electric Motors from Czechoslovakia Mez electric motors well-established in Europe Middle East Thailand and Indonesia are now available in Singapore among best quality products made in Europe most competitive prices Vover 3,OCX) units (0.37 kw to > 75 kw available ex-stock) X full spare parts and s. service support
      70 words
    • Advertisement
      Page 7 Advertisements Column 2
      211 7 THE ÜBIX MICROCOMPUTER PUTS YOU IN CONTROL... V* i V*» <r^ X r Ox OF REIM CTIOMS, RIPER SGiaTKmOliMm IW QLUITV. \N he never you need a copier that's a little more versatile and much more efficient l BIX has it in its range. And with a built in mimx-omputer
      211 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        248 8 SEPT 01 Frs CORBEILLE Afr-Llqutde B S N Oervala Danone C 8 F (ThomsonC«f)— Cle Francalse 480 lOtt 221 ***** 42 -3 411 415 Compafnle Financier* Compafnle 280JO 425 Credit remoter De France Hachette (Llbralrle) Machine* Bull Mlchelln (B) Parlbas Pechlnejr Clflne Kuhlmann 327 328 41-30 838 186.SO 80
        248 words
      • Article
        Frankfurt
        204 8 SEPT 01 Dm Aaf-Tclervinken MIC -1.1 Akin 21 aw Alls Leben 1340.00 -10 Alii Yen 402.00 -1 BAST 147J0 -1J Bay H T Wbank 179 OOB Bay Vbank MOO -17 Bayer 12BJ0 -10 BBC KU0 ■43 BMW inm Caaaella rnjo M Chem Vtrv moo JO-5 Comtnerxbank 132. OOB ConU
        204 words
      • Article
        Brussels
        89 8 SEPT 01 m FORWARD MARKET Acec m ArDad IH unch Aatur 370 -J Breacan 1IU |g Bru-Limti uso ac Canpac 17» 10 Cock 142 -a D* B«n n -I Kbn 1M0 unch Electrobel Ob-Inno-Bm 1910 unch n~ 1400 «■>■» m P*t« 41' D 2b Ry\ Dutch 19 4 W
        89 words
      • Article
        Zurich
        138 8 8KPT 01 Action* BulaM 1 Br Praim 250 -1 n unrh AlumUM RM Brown Bo»»n Br Cite 0«kC7 Br Clbt C 1*1(7 P C Cite (Mo Dm Credit Sulaar Br Cndlt Bulac R*f DttlronU Br Ovorf* Plarltcr Br OMltt PC H«n> Br Hortman U RoclM 1/M— Hold*rt*n» Br Interfood
        138 words
      • Article
        Amsterdam
        185 8 SEPT 01 FU ABN 293,50 -2.5 Ahold 70 00 -01 Akao 23.00 -0.6 amev 92.00 -OJ Am fu 90 50xd 2.5 Amrobnk 54.10 -0.0 Bergoe* 2300 -02 Berk 42.00 unch Boll 00 80 -1.7 BorsuxntJ 156.00 -0J Burhmann 48J0 C aland 37 00 -1.7 Calve Delft 208.00 -7 J
        185 words
      • Article
        Milan
        75 8 8KPT 'I LJf» awe om uFSob -aw ■•T m 4 c»nu*l« 1BJ T75 g— I'M» 4a in»*»» ua oa Ojn lanoti 1M0 m MLstzzzzzE S sr "HMMUPt 7« S Krr mb Mjdtob laaoo wn Hirmiinm M a Moodadod SMC MonlMan m .4 MOM. Bto ZZZZZZ 2!U 2? *1! n
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      • Article
        TORONTO
        207 8 SIPT 01 CI AMUM Bo A Iran »<* Alcmna Bulk Mont B Butt Norm SroUa unch Bell Tel II B*th Corp BP Can Ltd -ZZ SI* -It Brmaran 31* unch Camp K*c Lakt Oui Imp Bt a<* -«t -It Can par H Can par ln« Pt Carting OVwIt MH
        207 words
      • Article
        JOHANNESBURG
        251 8 SEPT 01 Und INDUSTRIALS A Alpha «ao ft A boron 41ft AS And CI MA unc^ Amr MO Btrlovi -JO Ot Sucmr CM A Cum* riunn \m 2X) ft Dr B»»n Ind ***** unch Edron 100 4 10 M|*n TJBBB incfc fMIWdl r«J Vo4» fudt Ub unch 'W 1
        251 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      170 8 The American Express Card serves you well, wherever good food is served". liere to wine,dine and entertain Get away to Sentosa with family and friends Cost only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY
      170 words
    • Advertisement
      Page 8 Advertisements Column 2
      120 8 übcrtufi •rill f For lunch. For dinner. For a richly rewarding experience. Businessmen s Lunch Monday, to I ridai' $1 950 i() service charge +.i ct'vs Javanese Rustaffe' Saturday Sunday $17 F>o 10 '> service charge 3 cess A <>■ ill 11*\ I 'sii'k V>l ■< 'i°; il< >i i
      120 words
    • Advertisement
      Page 8 Advertisements Column 3
      206 8 _(-)\.'=-`'~?_"<^{?\:;-:%&+:&|` Feast like an emperor at Chinatown ,T 1 I «i bfr-' 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 recommen dations Then be treated to a
      206 words
    • Advertisement
      Page 8 Advertisements Column 4
      175 8 Inn Of Happiness 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. um please call 737-2233. |9§| HMON MTERNATIONAb SMGAPOftfc Where Th< World Is
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    • Advertisement
      Page 8 Advertisements Column 5
      222 8 c! This it Thai Seafood at its authentic bast So trash, it could have b««n alive 15 minutes before coming to your table it was An enormous vane.y o» succulent seafoods expertly prepared by Thai chefs ip our kitchen Siamese Seafood Restaurant cocKpn were Oxiey Rise/Penang Road. Singapore 0923 Tel
      222 words
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  • BANKING AND FINANCE
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.06 per cent.
      22 words
    • Article
      ASIAN $
      194 9 ASIAN ASIAN currency deposit interbank rates as at close on Sep 2. I'S Dollart(Spot) Offer Bid 7 days 15 7/16 15 5/16 1 month 16 S 16% 2 months 17 13/16 17 11/16 3 months 18 5/16 18 3/16 6 months 18% 18'i 9 months 18'« 18'. 12 months 18'*
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    • Article
      Discount
      49 9 RANGE of prices offered by discount houses on Sep 2: Overnight. T< to T< Call deposits: to 7 r i Closing Buying Selling 3-month Treasury bills 6 1 6 3-month Bank bills 13H 13'« 3 months CD 12H 6 months CD 12*> 12 l Source: National Discount Co
      49 words
    • Article
      HONGKONG
      127 9 THE US dollar in Hongkong yesterday fell against most leading currencies in quiet late trading, dealers said. It fell to a late 2.4355 70 marks from the day's high of 2.4460'70 and compared with an early 2.4455/65. It also slipped to 2.1360 80 Swiss francs from an early 2.1450/80,
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    • Article
      London
      141 9 THE dollar fluctuated within a narrow range in fairly active early trading in London yesterday after opening steady to slightly weaker on late Hongkong levels against other major currencies, dealers said. The US unit traded at an early 2.4355/65 marks, level with its late Hongkong quote, after a 2.4345
      141 words
    • Article
      Singapore market
      534 9 THE local foreign exchange market yesterday was bearish. but dealers said there was no apparent reason for the weakening of the US dollar. The US currency fell against all other major currencies, with the biggest fall registered against the deutschmark. The Singapore dollar strengthened against the US dollar.
      534 words
    • Article
      GOLD
      261 9 SINGAPORE gold futures yesterday closed generally firmer compared with Tuesday's close in thin trading. Prices were marked up between US$6 to $7 an ounce at the outset following the metal's strength in New York overnight and its rise in Hongkong yesterday morning. Thereafter the market fluctuated marginally through the
      261 words
    • Article
      Silver quotes
      38 9 TM Mm New York 9.25B 9 288 945S 9.48S Zurich 8.95B 9.2SB 9.15S 9 45S »rd Tan Singapore 9 35B 9.25B 9.55S 9 45S Closing prices in US dollars a troy ounce Source: Credit Suisse, S'pore
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    • Article
      TOKYO
      192 9 THE US dollar for overnight delivery in Tokyo yesterday closed easier at 230.05 yen after opening at 230.30, to rule within the 229.90/230.10 New York closing range, dealers said. It finished down from the 231.05 level at which it ended in Tokyo on Tuesday. Trading volume was an active
      192 words
    • Article
      Frankfurt
      50 9 Frankfurt exchanges opening quotes on Sep 2: US 2.4360 75 Stg 4.487 494 Can 2.0383 0414 D F1 89.91 90.05 S FY 113.81 97 Lit 1 999, 2.004 F Fr 41.71/78 N Kr 40 .10 15 B Ft (con) 6.107 22 B Ft (fin) 5.615 625 Yen 1.0591 0617
      50 words
    • Article
      Treasury bills tender
      43 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $130 million 91-day Treasury bills to be issued from Sep 7 to Sep 11. Each tender must not be for less than $150,000.
      43 words
    • Article
      Merging of American Express divisions
      322 9 AMERICAN Express Company will merge its card and travellers cheque divisions into a new Consumer Financial Services Group (CFS) on Oct 1. Mr William McCormick, currently president of the card division, will become president of the CFS Group. Mr McCormick was also elected an executive
      322 words
    • Article
      Strong growth
      173 9 THE FLOATING of the interest rates last July is expected to surpass the growth in savings and time deposits recorded in the first semester this year, the Philippine central bank said on Tuesday. Central bank authorities expressed optimism over the further growth of savings and time deposits which
      173 words
    • Article
      NEW YORK STOCKS
      997 9 BARGAIN hunting on Tuesday gave the New York stock market a respite from its summer slide and stocks ended mixed after moving in a narrow range all day. The Dow Jones industrial average, which fell 70 points last month, closed up 1.24. Other indices were fractionally higher
      997 words
    • Article
      Zurich raises interest rates
      172 9 THE SWISS National Bank raised its key interest rates on Tuesday by one percentage point to curb accelerating inflation, which has reached a six-year peak in Switzerland. Swiss inflation, which in 1978 was zero and the lowest in the world, is now running at an annual
      172 words
    • Article
      Credit for Garuda
      84 9 PT GARUDA Indonesian Airways has signed an £5 million guilder, note purchase agreement to finance acquisition of six Fokker F--27 Turboprop aircraft. Chase Manhattan Asia Ltd, one of the agents, said the loan is for eight years from date of delivery, or 10 from signing of the
      84 words
    • Article
      Offshore
      48 9 THE NATIONAL Bank of Abu Dhabi expects to open an offshore branch and Asian Currency Unit here early next year. A bank spokesman said the Singapore monetary authority had approved the bank's application. Sources said the bank was proceeding with plans to establish a presence in Hongkong.
      48 words
    • Article
      Buoyant growth in housing loans
      416 9  -  By ALVIN TAY FINANCIAL institutions recorded another year of buoyant growth in housing loan business last year, in line with the active property market here. The main lenders commercial banks. Post Office Savings Bank (POSB) and finance companies chalked up double-digit increases last year. POSB
      416 words
    • Article
      Lock icon LOWER KL RESERVES
      133 9 Reuter BANK Negara Malaysia's gold and foreign exchange reserves fell to M 59.13 billion on Aug 15 from 19.48 billion on July Si and 19.25 billion on Jaly 15. The central bank's fortnightly balance sheet showed total assets fell to $12.45 billion at mld-Aagost from $12.72 billion
      Reuter  -  133 words
    • Article
      Lock icon Brazil asking Japan for US$500m aid
      213 9 Reuter BRAZIL has formally requested Japan for a US$5OO million loan, for its $5 billion Carajas project to develop iron mines. Japanese officials said the request was made by visiting Brazilian Vice Economic Planning Minister. Jose Flavio Pecora Brazil plans to develop iron mines
      Reuter  -  213 words
    • Article
      PLR cut not justified
      83 9 THERE is no justification for an immediate reduction in Manufacturers Hanover Trust's prime rate from its present 20'.. per cent, says MHT vice-chairman. John Torell. Earlier this week. Chase Manhattan Bank and First National Bank of Chicago both cut their prime rate to 20 per cent,
      83 words
    • Article
      Amended
      39 9 MIDLAND Bank has begun an amended offer to buy securities of Crocker National Corp. Midland is offering to buy for cash common stock and convertible securities of Crocker representing or convertible into a total of 6.5 million shares.
      39 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      42 9 >1 !*€(s; (4 4s. restaurant Try our sumptuous delicacies from the Hunan Province. An Oriental dining experience. W*', Business Hours: Daily 11.30 am 2.30 pm 6.30 pm 10.30 pm 214 Dunearn Road. Singapore 1129 Tel: *****49. *****22 ext 126 SfifilSiaaßcssSSißfifil Tfl Mi
      42 words
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      Page 9 Advertisements Column 2
      389 9 "FOR THE INTRODUCTION OF TOMORROW'S TECHNOLOGY AND TECHNIQUES TODAY" .xft&is Management Scientific MltP Logistics (Pte) Ltd Presents A SEMINAR ON TRENDS DEVELOPMENTS IN ENERGY CONTROL CONSERVATION VENUE: WORLD TRADE CENTRE DATES: THURSDAY, FRIDAY 17th 18th SEPTEMBER 1981 LOCATION: SINGAPORE FEE: Ss9oo COURSE DIRECTOR SPEAKER: OR. TEK H. LIM M.S., Ph.
      389 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1927 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 Acma (175B) (1)
    1,927 words
  • Article
    Unit trusts
    197 10 SINGAPORE UNIT TOU8T (Mimin' prim tar 8e» S) The Commerce 275 2 89 The Saving! Fund l 60 l a S pore Prog Fund l 26 132 S pore Sec Fund 183 i S pore Invest Fund 0.97 102 S pore Equity Fund 1.17 1.23 Mj Mi Mi
    197 words
  • Article
    SHARE INFORMATION SERVICE
    2755 10 Gr's Gr*» Net 1981 Last Div Div Y'ld P/E Vol Day High Low Company Sale +or- Cvr COOO) High Low 8ECTION ONE INDUSTRIAL COMMERCIAL 494 208 Acma 275 7 14.5 3.2 5.2 9.8 2 275 270 A loom 144 4.8 2.0 34 24.8 350 130 Allied Choc
    2,755 words
  • Article
    In Kuala Lumpur
    2555 10 BID and otter prices Officially listed and business in and reported to tM Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified INDt STRIAI> Aieaai (t 468 1 SOS) (1) 1 SO sri ACW
    2,555 words
  • Article
    COMPANY MEETING
    25 10 JACK ChU-MPH Limited: AGM lo be held at the Tanglin Room. Shangri-La Hotel, 22 Orange Grove Road. Singapore on Sep 5 at noon.
    25 words
  • Article
    Speculatives feature in overdue rally
    816 10 THE STOCK market staged m (vrrricf rally yfatordty wltk tke it baud skarpe*t Ib certain specalatlve stocks. Bat alter m nuy days af gi**m, tke general idm4 renulßfd caattoos. By tkr midday break tkt 3#-stock Straits Times ladaatrlal Index had Jamped IS.M palate. When trading
    816 words
  • Article
    All sectors in KL improve
    599 10 THE KUALA Lumpur stock market showed a fair rebound after Tuesday's severe beating. All sectors improved in slightly more active trading yesterday. Speculative issues were again in the limelight and a good number of them featured among the day's big gainers The market opened slightly
    599 words
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  • COMPANY NEWS
    • Article
      MMC a fully integrated tin producer
      398 11 THE PRESENT Malaysia Mining Corporation (MMC) group is a fully integrated tin-producing organisation with interests in diamond exploration in Australia and the plantation industry in Malaysia. The activities of MMC, its subsidiary and associated companies cover the prospecting, mining, smelting, marketing and management of
      398 words
    • Article
      Largest KL tin dredging group
      180 11 THE EXISTING Malayan Tin Dredging group (MTD) undertakes mining operations mainly in Perak. In 1960 MTD acquired the entire equities of four other tin-dredging companies (Southern Malayan Tin Dredging (M), Southern Kinta Consolidated (M), Lower Perak Tin Dredging and Bidor Malaya Tin), together with 79.2
      180 words
    • In Hongkong...
      • Article
        CHERRY Land Company
        80 11 h a consortium formed equally by Hongkong Land Company, New World Development Company and Wing Ngai Company, has signed a formal agreement to buy a 226,238 sq ft site in Tai Tam, Hongkong island, for HKII3B million, Hongkong Land said yesterday. The developers have applied to build
        80 words
    • Article, Illustration
      MTD-MMC scores
      538 11  -  By SUSAN THAM THE EARNINGS per share of the enlarged Malayan Tin Dredging group (MTD) after merger with Malaysia Mining Corporation (MMC) will not show any reduction. The proforma earnings per share of both the present MTD group and those of the new group have been estimated at
      538 words
  • ASIAN STOCKS
    • Article
      Stocks close weaker
      297 11 HONGKONG THE Hongkong stock market yesterday continued its downtrend with the Hang Seng index closing 36.08 points lower at 1,611.57. Falling markets worldwide, especially Wall Street, and a general lack of enthusiasm prompted the fall, they added. The leaders were all down. Hutchison Whampoa fell $1 to
      297 words
    • Article
      Sydney market lower
      310 11 NEWS of a 2,700 barrels a day oil flow at the Cooper Basin Merrimelia 6 Well provided the only feature for the Sydney market as the All-Ordinaries index yesterday fell to its lowest level of the. year, dealers said. AOP, with a 50 per cent interest in
      310 words
    • Article
      Tokyo shares fall sharply
      451 11 SHARE prices in Tokyo yesterday fell sharply in lacklustre trading on liquidation and other selling by foreign investors, although late cheap buying pared early losses, dealers said. The market average lost 57.54 points to close at 7,678.17 on a volume of 350 million shares. At the
      451 words
    • Article
      Bangkok
      63 11 SEPT OS Bants Asia Pltrc Ajruthay* In* And Trust —n«i"» uni Bank Of Ajrudhaym Ltd 2X Berll Juckcr Charoonj Thai 190 Plrst Trust 41JS InduitiUI Finance Corp n International CotmeUci International Tru 8t And Ftt Rama Tower HZ 45 40 1 Saha Union 141 unch Slam Cement Slam City
      63 words
    • Article
      Manila
      118 11 THE Manila market yesterday closed mixed and turnover dropped to 1.1 million pesos from Tuesday's 2.9 million pesos, dealers said. Ist Phil Holdings was the lone gainer while Atlas Con B and Lepanto fell. Others were either unchanged or untraded. SEPT 02 Proa Aco)c Mining 0042 -0 0004 Atlu
      118 words
    • Article
      Selected indices
      53 11 FINANCIAL TIMES INDUSTRIALS Tuesday 568 0 Monday closed Week Ago 548 1 DOW JONES AVERAGE INDUSTRIALS Tuesday 882.71 Monday 881.47 Week Ago »1.83 H.K.HANG SENG Wednesday 1611.57 Tuesday 1647 65 Week Ago 1689 78 AUSTRALIANINDUSTRIALS: Wednesday 103.4 Tuesday 704.3 Week Ago 701.1 ALL ORDINARIES Wednesday #20.3 Tuesday #25.6
      53 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      80 11 Rent yourself some l:H i TTi Superior engineering and operational reliability enhanced by constant care and maintenance. S M's franchise obligations plus a full-fledged workshop and service assure you of a Volvo in peak condition. And reliability when you need it most. *****8&*****54 S M CAR RENTALS (A Division of
      80 words
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      Page 11 Advertisements Column 2
      83 11 IfsaMJr-^ yo 3#l hdhm F recew ,n^ s-ssiSl^ iif? \h»s e v t>an*v o < cre ou es l\ I an«J-*£ over i i H \roP° ,pS q*J 4C e c.\t*an ca^:_ M 200c rt e^ s io\ e H I rn0 ,5l u J? sV d« ttve !is <e
      83 words
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  • Article
    Slightly lower profits for Intraco Ltd
    295 12 INTRACO Ltd has come up with mildly disappointing half-term results. Both the group's turnover and earnings before tax for the first six months of the year have dropped slightly, compared with the corresponding period of 1980. v Group pre-tax profit before minority interest for
    295 words
  • Chief Price Changes
    • Article
      SINGAPORE
      158 12 Rises C Sugars 720 130 Hong Leong Ind 750 110 M U 1 670 90 G Ceramics 460 90 H Leong Credit 645 85 Spore Land 820 80 Sel Properties OCBC 580 50 900 45 PMC 830 45 O U E 695 45 Gentings 498 44 A P I
      158 words
    • Article, Illustration
      KUALA LUMPUR
      161 12 Rises M U I 800 180 P Bank 620 134 H L Ind 810 85 C Sugars 780 70 U M W 466 60 H L Finance 680 +60 S Trading 770 60 M Text 290 58 PMC 950 50 D Keramat 1450 50 B Raya 555 45
      161 words
  • Article
    Ong & Co and Cathay Securities
    191 12 Ong Co and Cathay Securities ON Aug 19, there appeared in Business Times an article entitled "Full Circle", which implied that two local stockbroking firms, Ong Co and Cathay Securities, were "in serious trouble" by reason of the fact that they had underwritten shares of Malayan United Industries. As has
    191 words
  • Article
    Setback for Gold Coin
    150 12 FEEDSTUFF Manufacturer Gold Coin (Malaysia) has suffered a setback in its interim results, despite considerable growth in sales. Unaudited group pre-tax profit for the first six months to June 30, 1981, dropped 42.4 per cent to M 51.29 million, although turnover was up 22.6 per cent
    150 words
  • Article
    H Leong's plans for Hume (FE)
    852 12  -  mmm Companies Editor: Mano Sabnani By KOH TSE YING HONG Leong Holdings (HLH), which has now taken over control of Hume Industries (Far East), intends to hive off Hume (FE)'s 71 per cent stake in Hume Industries (Malaysia) to "the Hong Leong group in
    852 words
  • Article
    Resolutions rejected at SPP Ltd's EGM
    273 12 NINE ordinary resolutions considered at SPP Ltd's adjourned EGM on Tuesday were rejected, but the two resolutions set out at the adjourned AGM on the same day were approved. SPP announced yesterday that the nine resolutions, proposed by investment company Chevelina Pte Ltd earlier,
    273 words
  • Article
    LONDON STOCKS
    829 12 LONDON, Wed. Equities closed mixed today with an easier bias after recovering in places from early weakness. Government bonds were firmer in quiet trading, dealers said. At 3pm, the Financial Times index was down 3.2 points at 564.8. Industrial leaders ended with falls of 2p or 4p in
    829 words
  • Article
    Lock icon DOW JONES ADVANCES
    92 12 AP NEW YORK. Wed Stock prices advanced this morning, as investors made a more favourable assessment of the Federal budget outlook The Dow Jones average of 30 industrials rose 2.57 to 885 27 in the first half hour. Gainers took a 2-to-l lead over losers among New
    AP  -  92 words
  • Article
    Traders sells stake in Renong Tin
    317 12 STRAITS Trading Co Ltd has sold its entire stake in Renong Tin Dredging Co Ltd to a Hongkong investment company for $9,384 million cash. In an announcement yesterday, Straits Trading said the purchaser is Sparlstream Investments Ltd of 601, Swire House, Hongkong. Straits Trading
    317 words
  • Article, Illustration
    Lock icon UOB + 2ACB = ?
    559 12 UOB 2ACB xfySiL..- HOCK LOCK SIEW IT HAS been apparent (or some time now that the United Overseas Bank (UOB) group was aiming to take over a mediumsized bank in the US in order to establish for itself a strong foothold in commercial banking in that country. The writing was
    HOCK LOCK SIEW  -  559 words
  • Article
    COMPANY BRIEFS
    480 12 PLANTATION Agencies Sdn Bhd has announced the resignation of Mr W M H Caldwell as a director of Bedford Plantations BM. Four new appointments to the board are Messrs Yeoh Kean Hua, Ong Joo Theam, Low Hing and Dato Mohd Tahir bin Haji Abdul Rahim. GENTING BM will
    480 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      42 12 (/Distinction The aristocratic Caran d'Ache collection of slim-line lighter and pen. Embellished in gold or sterling silver. From the master craftsmen of Geneva. CARAN d ACHE GENfcVE Available at leading department stores. 10th Floor Supreme House Penang Road Singapore 0923 Tel: *****61
      42 words
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      Page 12 Advertisements Column 2
      220 12 TWO FOR ONE BONUS Trade Opportunities in two related industries at one visit ASIAPRINT Southeast Aeia 2nd Intemationel Exhibition of Printing Graphic Arts Equipment ft Supplies Southeast Ada 2nd International Exhibition of Machinery end Materials for Packaging 5-9 OCTOBER 1981 World Trade Centre, Singapore 22,000 trade visitors from 32 countries
      220 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      62 12 Outlook for Singapore from 6am to lpm today: Cloudy with showers in a few areas. Report (or 14 hoars prior to 1.31 pm on Sep I at the airport: Maximum temperature 31.5 Associated humidity 64 Minimum temperature 24.6 Associated humidity 89 Hours of sunshine 0.50 Rainfall in millimetres 0.4 Total
      62 words
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  • SHIPPING TIMES
    • Article
      SISC calls for review of ship tax
      219 13 THE chairman of the South India Shipping Corporation (SISC) of Madras, Mr J H Tarapore, has appealed to the Indian government to revise its tax policy and extend meaningful benefits, such as tax relief for acquisition of ships. Mr Tarapore said the shipping
      219 words
    • Article, Illustration
      Singapore Shipping allotted Keppel berth
      377 13  -  By JAN LEE ANOTHER shipping company, Singapore Shipping Agencies, has appropriated a berth from the Port of Singapore Authority (PSA) for its priority use. Under the agreement, signed recently, Singapore Shipping was assigned berth 13/14 at Keppel Wharves and given exclusive use of the adjoining
      377 words
    • PORTSIDES
      • Article
        Geelong container port
        101 13 THE AUSTRALIAN port of Geelong has sought the advice of the Felixstowe Port Consultancy Service to make it a world container terminal in a few years. A small group of Felixstowe staff has been working with the Victorian port since September last year, advising on equipment evaluation
        101 words
      • Article
        UK-Cannary Island service
        40 13 TWO WEST German shipping companies are inaugurating a joint container service between the UK and the Canary Islands and Madeira on a weekly basis. The lines involved in this nonconference operation are OPDR of Hamburg and Hapag-Lloyd.
        40 words
      • Article
        Stateships' call
        70 13 THE West Australian State Shipping Service (Stateships) has urged the Australian Meat and Livestock Corporation to use its recently acquired Hamlet-class vessels, the Koolinda and Pilbara, for tranporting containerised meat from isolated *>utports to Fremantle for on-carriage to the east coast of North America. The cargo is currently
        70 words
      • Article
        Lock icon Soviet grain trade
        83 13 AFP THE Soviet Union chartered at least 50 ships rated 25,000 to 65,000 tons for grain import duty last month. Now that the US grain embargo against the Soviet Union has been lifted, the US Grain Trade forecast that the Soviets will import some 40 million tons
        AFP  -  83 words
    • Article
      INDEX TO ADVERTISERS
      676 13 Shipping line Pa*r C«J Achipeteto vn 4 Afea VI Afro-Eurasu VI 2 All tram Vn 4 Alpar VI S Angkutan VI 4 Angonavr V AM. I 1 Antoll vm i API. m 4 s Argentine IV 4 ASCL m t Aiu Merrhant VI 4 Auslana Liar v
      676 words
    • Article
      SHIPS IN PORT
      295 14 ARRIVALS KEPPEL WHARVES Dong Nam (1500 after King Pearl Tapah) 23 24 Gerbera (ro ro) (1100 after Uhenbels) 33 34 Kota Berkat (0700 after Kota Murni) 10 11 New Lark (2300 after Tianmen) 46 Tiamen (0600 after Barber Perseus) 46 Tai An (0700 after Barber Perseus, must
      295 words
    • Article
      Container Schedules
      972 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 Lexa Maersk 8106 3.9.81 2300 Maersk 51 TT Green Blessing 64-17W 3.9.81 0700 GreenAsia TA 4 TT Green Forward 88-13W 3.9.81
      972 words
    • Article
      LONDON FREIGHTS
      1637 14 INCREASED grain chartering developed out of North America on Tuesday with three vessels being secured from the US Gulf to the Continent at US$lO.5O for Sep, at $11 for Oct and at $11.50 for Nov. Business from the Gulf to Japan commanded $18.50 to $19 while a vessel
      1,637 words
    • Article
      PORT CONDITIONS
      599 15 ALGERIA Algiers End Aug. 55 vessels awaiting berth with delays of 15-20 days. ANGOLA Luanda Mid Aug. Berthing delays of about 75 days with 40 vessels at anchor. Lobito End Aug. Waiting time of 3-4 days. ARGENTINA Bahia Blanca End Aug. 12 grain vessels facing delays of 12
      599 words
    • Article
      TANKER JOINT VENTURE
      372 15 HONGKONG owner Wah Kwong has extended the "Shikumisen" or "tie-up" ship operation principle to the United States through a deal with Fairfield-Max-well. The two companies have agreed to Jointly own a 57,000 tonnes deadweight Panama* tanker originally ordered by Fairfield from Koyo Dockyard. The latest deal, involving
      372 words
    • Article
      Lock icon Europe's shipbuilders back on even keel
      750 15 Reuter A NEW mood of optimism is spreading through West Europe's shipbuilding industry after the bleak years in which it had to fight for its very survival. World shipyard orders at the end of June reached their highest level for four years and the
      Reuter  -  750 words
    • Article
      Jeuro's container service to Iraq
      184 15 A NEW shipping service from Japan to Iraq via the Suez Canal and Turkey will be provided soon by Jeuro Container Transport, a Japanese forwarding firm. J euro will be using three roll-on roll-off vessels on the full container service from Yokohama. Kobe and Moji
      184 words
    • Article
      SHIPPING LIST where your ships are due...and when
      1372 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
      1,372 words
    • Article
      THEME OF LLOYD'S SEMINARS
      205 20 SHIPOWNERS desperately seeking to reduce their operating costs in the face of intense competition and fluctuating world trade levels are paying particular attention to fuel saving devices, methods and crew wages. A major examination of both these key areas of ship operation will take place in
      205 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      591 13 HEUNG-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container Service To: P.Ketonj/Keelunt/Busan/lnchon Fm: Busan/H.Kong/Bangkok Tel S pore: *****11 P.K. *****4, PN *****5 K.L. *****0 MR DIM AN I AM Orient Overseas Co*Ua*teA Line FULLY COwTAiNERIStD SERVICE TO EUROPE (VIA SUEZ) S'porePKelangl leHane dam Fstove HWj Antwerp NTAKR 27W 7 9 8
      591 words
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      Page 13 Advertisements Column 2
      468 13 SSEALORDia UASC UNITED ARAB SHIPPING CO (SAG) a SAIMAH V 37 U MUBAJtAKIAH i 35 Mind Qaboos (7/10) M"U Al Fahal (10 10) Kuwait (13/10 i Dammam <16 10 > Dubai (19/10). Abu Dhabi (22/10) Acc«ptn« s»i Al fahal (23 10). Kuwait (26/10). Dammam (29 10). Abu Dhabi (1/11). Dubai
      468 words
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      Page 13 Advertisements Column 3
      20 13 M. CONTAINER Schedules II SHIPS In Port II LONDON Freights n/m PORT Conditions m SHIPPING Schedule Vm REGIONAL Weather VHI
      20 words
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      Page 13 Advertisements Column 4
      795 13 <t>cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents UNIf ACIFIC HUMS ft TIUOMfi A6ENCT PTE. ITI Tel *****4 15 lines* SINGAPORE C 3 *r MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S PACIFIC. GULF. ATLANTIC. EAST CANADA. ASIAN PORTS Saied Saied 5-6/9
      795 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      796 14 I Miscmm MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Mm Accepting For 1) Barcelona. Genoa. 2) Amsterdam Antwerp. L Hawe. Bilbao. Basle. UK. 3) Bremen. Brernerha«en Aarkus Copenhagen Hetsinki 4)
      796 words
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      Page 14 Advertisements Column 2
      233 14 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA mxi AMNAIS "BARBER PERSEUS" S* 2. "BARBER TERRIER" S* 4. "BARBER TONSBERG" S* 17. "BARBER TALISMAN" Sa* 11 "BARBER PRIAM" Oct 4 TO: PANAMA US ATLANTIC EAST CANADA US GULF montus TAf TOM l/U 21/11 M/U TO: CALIFORNIA VENEZUELA EXPRESS CONTAINER
      233 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      901 15 OCL Overseas Containers Limited r CONTAINERSHIP SERVICE TO UK/CONTINENT H'bwj (dan Out en Brtm A'warp L( Kawe 29/9 29/9 29/9 91/11 3/10 *5/10 1/1* 01/10 01/10 11/10 07/10 14/10 07/10 09/10 10/10 12/10 14/10 lt/10 17/10 19/10 17/10 19/10 20/10 22/10 20/10 23/10 24/10 2C/10 26/10 21/10 29/10 31/10 2/11
      901 words
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      Page 15 Advertisements Column 2
      352 15 rfo Franco Betquui Services Hr th y 'i>' F>. ;ch v,.,. H, ,ij*: t- b r». I \*~f 1 sawa to nam fuu cortasebw ana naiEwan SSKAPOK P law It Htwt I tat KW| I Km* tup IS* 7S* 75 S* lOd Ort WfTUN GMMT 11 S* 17 S* 3tM
      352 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      849 16 Hapag-Lloyd TO NORTH EUROPE Hjmthjrf Eipress Benaklet Mounts Bit Caiifcfan Ba« Kaiuf j Maru Tokfo Bit Aho accepting trjnshipment cargo tor CARIBBEAN WEST WOtES via Hamburg Genoa Trieste 24/9 7/10 12/10 18/10 23/10 TO WORTH EUROPE/ICDITEMT AKA/ Pen Bilbao Genoa H bvrg B haven Rdam Antwerp 8/9 5/10 28/9 16/10
      849 words
    • Advertisement
      Page 16 Advertisements Column 2
      551 16 I/norn shipping r\ut\LH CORPN f. Ketanf PENANG STORE VEGA 163* M PORT 1012 Sept 6-9 Sept FROM BUSAH BANGKOK VEGA 164E W PORT 10-12 S«pt 6-9 Sepl TO BUSAN ALTAR 167W 6-9 Oct 10-14 Oct 1618 Oct FROM BUSAN BANGKOK ALTAR 168E 6-9 Oct 10-14 Oct 16-18 Oct TO BUSAN
      551 words
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      Page 16 Advertisements Column 3
      505 16 (7) EVERGREEN LINE r FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ALSO ACCEPTWG CARGO FOR: UNITED KHGPQM SOUTHAMPTON, LONDON. MANCHESTER. BIRMINGHAM, BRISTOL. LIVERPOOL. GLASGOW. LEEDS. ETC WEST GERMANY BRtMERHAVEN, OSLO, STOCKHOLM. GOTHENBURG. AARHUS, COPENHAGEN HOLLAND AMSTERDAM S>« Mt* FifailnM lattartfati M»«rp la Hint (Mr Imp t/9 H I Jt/» 2/It
      505 words
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      Page 16 Advertisements Column 4
      859 16 Everett TJiiesl HtOKTW MM PACAN HTANTAimM Burma Fiva Star Shippiftf Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON 12/1S So* lt/t* 11/13 S«r 14/15 Jap« B F sS C Ao«nl» *1 Motoyva OOUSTEAD S»-*PWNG Aoents in TEL NOS KL *****2/*****9 "ARGENTINE NATIONAL LINE" LOAOMG FOR DURBAN MONTEVDEO BUENOS MK I'pmt EMTK
      859 words
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      Page 16 Advertisements Column 5
      306 16 "EXO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD IO SANKYO LINE JAPAN/STRAITS SERVICE BKU *«im UOm M MALAYS* r mm ocum 9<ms i a—B nt lib smgapoh m tmmn i mint i iiara ra amma mnt USI ASM SVfME TU JH7J2 1/ TBI MM.AY9A HAOt A fIMOPOiT TU (783 t J372S SUN
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      619 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HOOEIOAH, JEODAH AQABA (Reefer Cntrs Acceptable) 13-13/10 15-16/11 20-21/12 Accepting LCL Cargo to Colombo Aqaba. *FCL Closing 6/9 2300 HRS S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' VESSEL •NEP TOPAZ NEP ZIRCON NEP TOPAZ NEP ZIRCON VOY. 50S/51N 50S/51N S2S/53N MANILA 11-12/9
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      Page 17 Advertisements Column 2
      224 17 Wl POLISH OCEAN LINES StWVICtS TO [UftQPt iStMICONTAMB mo COWVtNTIQNAI I *T B,,rta v Hw*wt. SdyiM ttw acceptng urp tor tla **Ha, la f ifrnas Tcntnfe MM Imoti Singapore P Kelang Penang WF SZAFfR 11/13 Sept 14 16 Sep) SERVICES FROM niton m SUU (hcta** ttelnam* fm BANGKOK HMPHONG. SAIGON
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      Page 17 Advertisements Column 3
      872 17 i I BEN LINE CONTAINERS TOtUtOPt fSSwjfTiF«si BwaM* Mauris Bjj Cuiftn Bit ImiiMn Ta»ir* Bay EXPRESS CONTAINER SERVICE TO/FROM EUROPE C«H. u HMC 8H «*M NAVRt SOION R "J?'. Aui mr, c f'tnctuun 5/9 0/9 11/9 10/9 17/9 21/9 25/9 10/9 29/9 20/9 M 5/10 11# 1/11 24/0 1/10 9/10
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      Page 17 Advertisements Column 4
      779 17 V-y-^ Scan Dutch 9 WEEKLY EXPRESS CONTAINER to mc a>j SERVICE J """I'""! Ifttf Spwt I 1* **«?jr<i*r 3>Mbwf|«>Gb*'| V 7 I i y I s B DMI* li t SluSou 2/J *1* 110 A ptkifi i| *IJWI IV'5 30 9 5/10 ft 10 810 R n4H IA Q SU#I
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      Page 17 Advertisements Column 5
      632 17 I BOUSTEAD SHIPPING AGENCIES BANK LINE w EXPRESS INDEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) IVYBANK CLYDEBANK SANTA ELENA SPORE 6 Sep 23 Sep 13 Oct R'DAM HULL HMBG 20 Oct 5 Oct 10 Oct 18 Oct 22 Oct 27 Oct 13 Nov 22 Nov 17 Nov (Deep Took Spocc
      632 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      823 18 Kline KAWASAKI KIStN KAISHA. ITD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA FEEDER KISSELS' n fan* Ace 811 1/9 Earter feeder vessels aho j<a4aMe on request Cargoes also acceptable lot Oakland. Vancouver Portland Houston. Galveston. He* Orleans. Boston St Mat Pt«tadetp»*j Nortok Battrare Savannah lactsonvle JAPAN-STRAITS-JAPAN WHO SIM 7 NORO BAY
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      Page 18 Advertisements Column 2
      706 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lojdnt »<* IDS ANGEIfS SAN FRANCISCO SfATTIC TACOMA VANCOUVER BC Accepteif FCI/FCI CentMwrs P Keienf Singapore Anfftrs WSHVA PARMAI" M Sept 11 S«p» J Oct AUSTRALIA EXPRESS CONTAINER SERVICE NEW ZEALAND SERVICE lw*« to HMDM iniUTOM MILMCTOM MJUIWB t<cap4vi ta fa CI—II Pnun|
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      Page 18 Advertisements Column 3
      671 18 S SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINES! GENERAL *****1 114 LINESI TERMINAL OFFICE *****83 TELEX RS ***** RS 2SS6B A B CARSMIP CABLE CARGOSHIP ir"!'inn I M» Container Line: -vllll'S WEEKLY CONTAINER SERVICE to/from BANGKOK SINGAPORE ISLANDS USE MIDDLE EAST REGULAR
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      Page 18 Advertisements Column 4
      639 18 KORINS MARITIME SERVICES S Room 601. ICB Building Shenton Way Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES S pore P. Ketang Loadmg For: SEA GUARDIAN 10 Sep leddah Hodeidah BUNGAVANDA 15 Sep Bandar Abbas/B Khomen PROGRESS 1_ JO Sep Bandar Abbas B Khomom Hyundae Shipping
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      Page 18 Advertisements Column 5
      628 18 IMTRASEA (PTE) LTD. Suite <?616 Internationa 1 Pla/a. Ans Singapore 0207 Tei 224»--5 1 ilCLfnesi BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUNO SERVICE FULL CONTAINER EAST BOUNO SERVICE FULL CONTAINER HK/KEE/YOKO SERVICE Hmi »m Ktiln, TO Wn MTRASEA (PIE) LID BOOKMC 22*511 noiwitft ikaome mm. mi*i mm ■nx onus
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      756 19 NEPTUNE ORIENT LINES TO EUROPE/UK (VIA SUEZ): C. CONTAINER 13*. H. GARNET 7* C. PAUL 28W K. CHANCE 5W.. Also accepting cargo to/from Scandinavia HK CONTAINER S pore Closing Times: LCI Cargo 1700 4/9 FCI Cargo 0500 5/9 FROM EUROPE (VIA SUEZ) N. GARNET 6E. C. PAUL 27E... Si. BRIDGE
      756 words
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      Page 19 Advertisements Column 2
      641 19 MALDIVE LINES eta eta eta SPORE KUANTAN PORT KELAN MALDIVE GRACE Sailed Loading For Nampo (North Korea) MALDIVE NOBLE In Port Loading for Hodeidah MALDIVE PRIZE 15/9 Loading tor Dubai/Dammam/ Karachi MALDIVE NOVEL Sailed Loading For Hodeidah MALDIVE NAVIGATOR 20/9 Loading For Mukkalla MALDIVE PEACE Sailed 2/9 Loading For Muscat/Bahrain/
      641 words
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      Page 19 Advertisements Column 3
      997 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD S»ISOV BUKDING 55. Martet Street Sinjapore 0104 Telephone Numbers *****3 (15 Lnes) Cable Address SJNSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** t keijwg M/S SHAWMT NAM SOON SON BHD IST ANO ?ND HOW I lALAN CEMPENWG PORT KIANG MALAYSIA Tel
      997 words
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      Page 19 Advertisements Column 4
      125 19 B CAR/in/11 1 IM WrillMlM Ull 1 BULK TIMBER PLYWOOD SERVICES To: UK/CONTINENT PORTS Antwerp Hamburg Rotterdam Vess* Singapore Montana WSIS 10 S«pt Fronbtr WBl6 4 Oct Laapard WSI7 II Oct Buffalo WtlS 9 Nov AUTHORITY SHIPPING AND TRADING PTE LTD 1104 b Golrt*- V ie T r,«w* Pya.l S,oeafjo»»
      125 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      334 20 A_ ANTOLL LINES Independent Liner Service FCI Containers/Heavy Lifts 0»«t B/U to AKLMDt ICIBOURN SYWt* WISBAW TISMANU POET Singapore Port Kebnt Penanj SINGAPORE WEST MALAYSIA SoCrott SoJ Tula Safaiand SoOrott Sol Tub 16S/19N 17S/20N 18S/21N 19S/22N 20S/23N InPt/G 3 Sept 17 Sept 21 Oct 16 Nov 2 Sept 6 Sept
      334 words
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      Page 20 Advertisements Column 2
      255 20 fcMMf K I.INTF. KINKAII mESBBBBEZIBa JAPAN/STRAITS/JAPAN Fully Containerised Service Vessel Tokyo Kobe S pore Penang P Kelang Spore Tokyo Kobe NORDSTAR¥7 29/« 31/1 10/9 12/9 13/9 15/9 21/9 30/9 NORDBAY VlO 8/9 10/9 21/9 23/9 24/9 2C/9 7/10 9/10 NORDSTMVt 21/9 30/9 10/10 12/10 13/10 15/10 21/10 30/10 (NOTE: NORDBAY
      255 words
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      Page 20 Advertisements Column 3
      338 20 JOHORE SHIPPING LJr 161 »Al AN TtNGKU BAOAR PORT KFI ANG SELANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD k Express Umttoad Servce from P KeUng 1 East MaUysta Brunei HATATI V: 12/11 HAYATI V: 13/11 HAYATI V: 14/11 HAMDAH V: 15/11 HAMDAH V: 16/11 HAADAH V: 17/11 P KELAMG hi fart
      338 words
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      Page 20 Advertisements Column 4
      263 20 S SUNRISE S PMNCC EVANGEL OS D. TBN t (atM| t|«h SAUDI hst LINE Regular Conventional Service (All Soudi Flog Vets«l) Loodmg tor DAMMAM, DUBAI, JEDDAH BKK SIN 2C/9 1/10 5/10 10/10 UMM MMCATON CO LTD TU *****17 tunas an* son bc t# «u?M 4unt TUNAS 9TU SON M) 1*
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      Page 20 Advertisements Column 5
      251 20 PERKAPALAN LAUTAN MRU SON. BHD. P O Bo* 220 kou Knabatu Sabah RfGUAR IMS SUVICf Sabah Bangkok Sngaovr Pan keiar^ SEALION SHIPPING (S) PTE. LTD. Tel: *****81 Tlx: ***** SEALION SHIPPING (M) SDN. BHD. Tel: 38-7754, 38-7479, 38-9851 Tlx: MA***** SEJAMA SHIPPING A TRANSPORT SDN BHD Tel *****1, *****2 Tlx:
      251 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      160 20 I Regional Weather VI A 1 N L r* fk i 03 SS A as 5 Wind direction with speed in knots SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain Cloudy Sky Wave Ssrfnee
      160 words