The Business Times, 15 September 1981

Total Pages: 22
1 22 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, SEPTEMBER 15, 1981 60 CENTS
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  • 553 1  -  By RONNIE LIM NEW evidence has appeared to confirm that the wage correction policy and labour shortages have a combined effect of reducing the attractiveness of Singapore to Japanese investors. Latest Japanese statistics on overseas investment in 1980, released in Look Japan, clearly indicate the way
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  • 227 1 SINGAPORE Airlines will double its investments in its computerisation programme over the next two years. The airline has already invested about $50 million and, when the new $37 million computer centre at Changi is ready by 1984, the investment figure will touch $100 million. This huge investment
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  • 631 1  -  By TSANG SAU YIN ONE OF the five largest food companies in the United States, International Standard Brands, has moved its entire production of dry roasted nuts, snacks and stackable chips to a Singaporeregistered company, 20th Century Foods. Standard Brands closed its Chattanooga factory and formed a
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  • 185 1 PROPERTY speculators will be out for bargain purchases at today's land auction by Victor and Morris. The four lots of land to be auctioned off this afternoon are at Upper Cross Street, Boon Tat Street, Telok Ayer Street and North Canal Road. They are
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  • 433 1  -  By LEE YOKE MENG BARELY a year after its Singapore debut, the Midland-Montagu clan is thinking of splitting up its merchant banking activities. Mr Peter White, manager of Midland-Montagu Asia, said that no final decision has yet been made, and it is unlikely that any significant move
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  • BRIEFLY...
    • 105 1 AFP JAKARTA, Mon. Indonesia and Malaysia have agreed to set up a joint marketing centre to boost the sale of their products. The head of the import-export department of the Trade Ministry, Mr Syamsuridjal Amin, said the proposed Indonesia-Malaysia Marketing Centre (IMMC) was discussed recently when a Malaysian
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    • 81 1 AP WASHINGTON, Mon. Treasury Secretary Donald Regan chided Wall Street investors and American business leaders in general today, suggesting that they must show more confidence in the Reagan Administration's economic programme if it is to succeed. He also said that he opposes credit controls as a way to
      AP  -  81 words
    • 111 1 AFP KUALA LUMPUR, Mon. The bill to amend the Employees Provident Fund (EPF) ordinance to enable members to withdraw part of their money to buy a house is expected to be approved by Parliament soon, which is scheduled to begin its next sitting on Oct 12. The bill
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    • 113 1 AP LONDON, Mon. Prime Minister Margaret Thatcher began work today on the first major reshuffle of her 28-month-old Conservative Party Cabinet and government officials said it will probably be announced within hours. Its purpose, political informants said, is to strengthen backing for the tough economic policies with which
      AP  -  113 words
    • 86 1 KUALA LUMPUR, Mon. The Auditor-General's special committee, set up to look into Majuternak's financial management which has led to five bounced cheques totalling over MSI.6 million, will submit its report within 30 days. Agriculture Minister Datuk Abdul Manan Othman said the special audit committee has agreed to submit
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  • 294 1 SIXTY architectural students are stretching their imagination to create a suitable design for a "Peranakan Corner" at Emerald Hill Road. These students, from the third-year School of Architecture course at the National University of Singapore, have the Urban Redevelopment Authority to thank for the opportunity
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  • 312 1 IN JAPAN, when a company doe* well, a whole aero plane-load of company workers is sent on a free holiday. Bnt this highly-acclaimed practice need not only benefit Japanese workers, as Tomy Toys is oat to prove. TV leading Japanese toy manufacturer Is now
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  • Page 1 Advertisements
    • 207 1 BOOKS FOR Times Bookshops tEBOLS MINORITY shareholders of Hume Industries (Far East) will have to decide for themselves whether to accept or reject the takeover offer by Hong Leong Industries Holdings Page 14 DESPITE poor market conditions, Isetan Ltd will go ahead with its public issue Page 14 UNITED Motor
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    • 132 1 ASIA RESEARCH BULLETIN This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia The Bulletin is divided into six separate reports of about 8.000 words each There is a dual
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    • 83 1 I The Straits Companies' Tittiac Activities, Key Personnel, Agencies DIEECTOB7 Of Singapore (Buku Merah) Leader page 8 Leader page 8 The reduction copier built on forward ineering. -1 The Ricoh A DTIBOOR 4 A •Clear, crisp copies, even half-tones. RICOH The world's #1 copier. Success unduplicated! For more information call
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  • OVERSEAS
    • 472 2 AFP DARK clouds hang over the Hongkong texile industry as Trade Commissioner Lawrence Mills leaves today for Geneva for next week's resumption of the talks on the renewal of the Multi-Fibre Arrangement (MFA). The Hongkong garment sector continues to do well with sustained export demand
      AFP  -  472 words
    • 133 2 AFP THE Philippine central bank has initiated moves to create an active government securities market by enlisting the participation of selected banks, investment houses and securities dealers in its open-market operations. The central bank is expected to accredit these government securities dealers whose main responsibility would be the
      AFP  -  133 words
    • 187 2 Reuter JAPAN will develop four new weapons systems, including a new tank, at a total cost of 58.5 billion yen. The Japanese Defence Agency plans to develop a ground-to-ship missile by 1987 at a total cost of 20 billion yen with the help of Mitsubishi
      Reuter  -  187 words
    • 443 2 UPI THE US Federal Aviation Administration (FAA) had no authority to ground foreign-registered DC-10 aircraft for five-weeks, following the 1979 Chicago crash in which 273 people were killed. The US Court of Appeals for the District of Columbia ruled unanimously, in a little-noticed decision
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    • 298 2 Reuter JAPAN'S customs cleared trade surplus narrowed sharply to U*****.99 million in August from a revised $1.52 billion July surplus and compared with a deficit of $801.06 million a year earlier. The Japanese Finance Ministry said FOB exports in August rose 13.2 per cent
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    • 147 2 Reuter WEST German Economics Minister Otto Lambsdorff has said that a new downturn in the country's economy is unlikely and a distinct upswing can be achieved next year. Mr Lambsdorff said that the economy is idling ar present, but grounds for optimism have emerged since the beginning
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    • 472 3 A FOREIGN partner can protect his minority interest in a joint venture with Malaysians without infringing the letter or spirit of Malaysia's New Economic Policy or the Malaysian Companies Act. This was stated by Malaysian lawyer MrWSWDavidson in a paper on the Legal Aspects of
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    • WORLD IN BRIEF
      • 365 3 Agencies KAMPUCHEA'S three main anti-Vietnamese resistance groups have begun a series of meetings in Bangkok to try and form a coalition government. Asian diplomats close to the groups said they expect agreement to be reached on the outline of a government, in time for the opening of the
        Agencies  -  365 words
    • 287 3 NYT PRESIDENT Retgu's decision to trim military spending aver the Kit three years as part of a drive to balance the federal badget by IM4 has evoked cautious reactions among Wall Street economists. The economists welcomed the US$2l billion redaction in arms
      NYT  -  287 words
    • 625 3 TALKS ON JOINT VENTURES THE first Asean-US Finance Conference will be held in Kuala Lumpur in November. along with a meeting of the Asean-US Business Council. The two meetings will bring together some 300 Asean and US businessmen and financiers. Representatives of Asean and American
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    • 302 3 Reuter THE POLISH government has issued dire predictions for the country's economy and warned that it could face the threat of total collapse. The government's anti-crisis staff, whose report was issued by the official news agency PAP, said many industrial plants might have to close and severe cuts
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    • 95 3 Reuter JAPANESE and British motor industry experts will meet in London next week to discuss exports of Japanese light commercial vehicles to Britain. The talks between the Japan Automobile Manufacturers Association (Jama) and the British Society of Motor Manufacturers and Traders (SMMT), scheduled for September 21 and
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    • 234 3 Reuter SENIOR Japanese Cabinet ministers will meet in Tokyo on Oct 2 to adopt a new economic package, including measures to boost imports. Economic Planning Agency (EPA) officials said the agency is in the process of working out the package. It will be put to
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  • Page 2 Advertisements
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    • 243 2 The daily Aircraft Schadula hat baan hald ovar. Flight information can ba ©btainad by talaphona from tha airport (*****34/*****88) or from tha raapjctiva No: SI A *****33/*****44, Garuda *****54. MAS *****22. CPA *****44 BA *****55 KLM *****42/*****44, JAL *****44/55. UTA *****22. Informalion on othar.^.nobtainad from tha airline or at T.I:
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  • Page 3 Advertisements
    • 173 3 IRAHu HR AIJX fjij/ Hf rjwrjM r~y u mm V i *k s Mare than just a piece of jewellery. Girard-Perregaux chronometers have been setting precision records since 1876 records that have proven invaluable to new developments in time technology. In 1971, the GP engineering team pioneered the 32,768 oscillation-per-second
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    • 29 3 RCLYOnUS —TEMPORARY PERSONNEL— Room 0652,6 th Floor, Tanglin Shopping Centre, Tanglin Road, Singapore 1024 Dear Sir/Mdm., Looking for a. Accounts HlHi You can Rely On Us. Call us at,
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  • RAW MATERIALS
    • 379 4 Reuter THE price of tin could go as high as Ms 36 a kilo, equivalent to £8,650 a tonne, by late October 1981, says London commodity broker Hargreaves and Williamson in its 1981/82 annual review of the world tin industry. It is
      Reuter  -  379 words
    • 247 4 Reuter PENINSULAR Malaysian rubber production rose to 129,472 tonnes in June from a revised 101,139 in May and was higher than 126,359 tonnes produced in June 1960, Statistics Department figures show. In June most of the states in peninsular Malaysia recorded an increase over May
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    • 107 4 THE STRAITS tin price in Penang yesterday rose 15 cents to M 535.35 a kilo from Saturday's 35.21, moving to a new 11-month high within the ITA celling range of $32.74 to 335.47, dealers said. London reports, denied in Koala Lnmpur, that smelter potlines had exploded in Penang
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    • 34 4 Rubber: Sept 14 Singapore: Oct: 230.50 cents (up 1.50 cents) Malaysia: Oct: 254.50 cents (down 1.50 cents) Tin: M 535.35 per kilo (up 15 cents) Official offering: 218 tonnes (down 13 tonnes)
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    • 73 4 Reuter THE Indian government will offer remunerative prices to oilseed growers, deliver them high yielding seeds, and offer better irrigation facilities to boost domestic oilseed production. Under a federal government-backed scheme in operation in 10 oilseedproducing states, the areas under short-duration varieties and non-traditional
      Reuter  -  73 words
    • 238 4 RUBBER prices in Singapore yesterday closed slightly higher with October One RSS buyers quoted at 230.50 cents per kilo, up 1.50 cents from last Friday's close, dealers said. Morning prices were marked up slightly on steadier London advices and covering interest. Profit-taking emerged in quiet afternoon trading to trim
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    • 359 4 RAS prices in cents per kilo yesterday: Noon (per kilo) Buyers Sellers lot. 1 R.S.S. prompt f o b. 227 00 228 OON Int. 1 R.S.S October 230 25 230.75 Int. 1 R.S.S November 229 25 229 75 Int. 2 RSS. 200 00 201 00N UK/Cont 199 00
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    • 122 4 NOON SSR and SMR pncm ym unity HAS SSR 20 SSR SO (Itoa pallet) (1 ton pallet) Or to bar (Cerreat MUl Bayer* Stllera ***** 1M.OON ***** 196 0GN Nanaktr (Forward Mthi Buyers Sailer* 198 00 200 00N 196 00 198 00N MR1LB October November SMRCV SMR
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    • 186 4 CHINESE Prodice Ex change, Singapore, noon closing prices per lit kg yesterday. (oeonot oil: Bulk fob $122.50 sellers, old drum (in second hand drum) fob $136.50 sellers, new drum fob $141.50 sellers. Copra: Mixed (loose) $72 75 buyers. Pepper: Muntok white pepper fob Asta NLW $367.50 sellers. Sarawak
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    • 234 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE. 100 per cent first class (Kangaroo) new crop 1.36. 100 per cent second class 1.14, 100 per cent third class 1.10, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.75. Special
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    • 335 4 AP AN Angolan proposal to set up a flexible scale of export quotas geared to average coffee prices and market conditions was widely supported last Thursday by the world's coffee producers. Arturo Medina, Angolan Chairman of the Executive Board of the International Coffee
      AP  -  335 words
    • 745 4 COFFEE: Continuing market optimism over the outcome of the International Coffee Organisation talks in London helped to firm robusta coffee futures prices yesterday morning, traders said. Robusta coffee futures prices rose between £19 and £26 a tonne over opening levels. Traders described the market as steady but quiet.
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    • 252 4 Reuter THE Philippine government's decision to suspend the export levy on coconut products will cost 300 people employed by the Philippine Coconut Authority their jobs. This was revealed by PCA chairman Rolando De La Cuesta who explained the need for a 25
      Reuter  -  252 words
    • 124 4 THE Kuala Lumpur market yesterday closed slightly lower on lack of buying interest in quiet trading, dealers said. In September, south was traded down to MJ882.50 a tonne while central was at $880. In October, south and central dropped $9.50 and $5 respectively to $870. The refined was
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  • Page 4 Advertisements
    • 371 4 Don't decide on any copier until you have seen the MMOLIAEP3K) Wr.il■•s I P > And here's why: The outstanding copy quality of the Minolta EP3IO plain paper copier is due to the exclusive Minolta-development the revolutionary dry Micro-Toning System. This system is vastly superior to any other system available
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    • 54 4 The Language of Scotland. ATT r e *S 5Kv. K' v W//, tc ffllHl ~y: 4*/ i? y M>'r u 4s. "ssss <»:• V-!< •> t. >'-• *&V V ai f I --I *3i&ev- sSS *s*' 1 gsi I c > ~Z ~1 Zr ''7/Z < »sitN »s K;iiv( )li!
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  • TRADE AND INDUSTRY
    • 298 5 THE NATIONAL Predscflvity BmH Is lavtttag feedback ui saggestteas tram Ike pafelle m the major recemmeadatieas of the Cemmlttee oa Prodaetlvity. NPB'» execatlve director, Mr lim Jit P«h, nU yesterday that people whe wish to air their views sa the reeemmeadatleas aaaoaaeed nearly
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    • 474 5  -  By RICHARD SEAH THE CURRENT rapid expansion of the Vocational and Industrial Training Board (VITB) will level off once the board reaches a certain maximum size. However, the VITB will enlarge its training role by encouraging and helping more large companies provide in-house training
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    • 220 5 A TWENTY-member British trade mission is in Singapore seeking agents and prospective partners for joint ventures. The mission, from South Buckinghamshire and East Berkshire, arrived here on Saturday for a week's visit. Among the members is Synchronised Systems which is seeking partners to manufacture
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    • 169 5 THE CHARTERED Bank has appointed Mr Bryaa Llainy as manager of its Pasir Panjang branch in succession to Mr lan Callander who will be leaving Singapore shortly on reassignment within the Standard Chartered Bank group. Mr Lindsay joined the group in 1970 and has since held a
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    • 515 6  -  By RICHARD SEAH THE ASEAN Federation of Electrical Engineering Contractors (AFEEC) will hold its second biennial meeting in Singapore, starting today. Mr E W Barker, Minister for Law, will open the threeday meeting at the Hyatt Convention Centre. Some 106 delegates from electrical contractors' associations
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    • 374 6 DATAPREP (Singapore), sole local agent for US computer company Control Data Corporation (CDC), plans to introduce the Plato computer-based education package here. Developed by CDC, Plato comes wrapped with a US$2-million price tag and a reputation for meeting nearly all training needs of business, industry and government.
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    • 168 6 THE SINGAPORE Tourist Promotion Board (STPB) has appointed a public relations representative in Seoul, South Korea. This is in line with its strategy of establishing representative offices in countries with a strong potential for generating tourist traffic. Korean Tourism Research and Development Inc
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    • 72 6 A NEW booklet to guide employers on the payment of CPF contributions will be issued to all new employers who register with the Central Provident Fund Board. Existing employers may also request for copies of the booklet. Called Information for Employers, the booklet
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    • 354 6  -  By WANG LOOK KEAH THE GOVERNMENT -owned construction consultancy company, Indeco has been appointed the project consultant for Singapore Airlines' $37 million computer centre at Changi. Indeco will also help SIA plan the development of the rest of the 12hectare piece of land at Changi. SIA hopes
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    • 396 6 AN AMERICAN precision stamping manufacturer, Buckbee-Mears Singapore, will be officially opened on Oct 5. The company, which will also manufacture platings of lead frames, will start production this month. It has a production capacity of 1700.000 in the first year, J8.7 million in the second, and $11.5 million
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    • 187 6 SPECIALISED shows like Machine Asia help in the transfer of technology to industrialising countries in a cheap and easy manner. By centralising a wide range of technology and machinery know-how relevent to specific industries, these shows save industrialists the trouble of gathering
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    • 446 6 SEMINARS AND COURSES Sep 9-Sep 16: Top Management Development Programme Module IV Business Policy and Strategy Corporate Planning, Hyatt Hotel. NPB Sep 14-Nov 16: Personnel Management and Industrial Relations, New Lecture Theatre Two, Bukit Timah Centre, Extramural Studies Department, National University of Singapore Sep 14-15: Costing and Financial
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  • Page 5 Advertisements
    • 510 5 Dataprep is now serving time Thanks to CDC, Dataprep now offers you the famous Cybernet and SBC CALL 1370 time-sharing computer services. Dataprep now expands its business relationship with Control Data Corporation, to serve you time for the Cybernet and CALL/370 time-sharing computer facilities in Singapore and Hong Kong Cybernet
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  • Page 6 Advertisements
    • 104 6 Savour the fruits of success. Grange Hermitage. t 'n rT. I I Tc WNPOtDS WMNf id C~ v Grange Hermitage. Exclusive. Expensive.The most prized red wine from Australia. Since 1952, successive vintages of Grange Hermitage have reaped 27 trophies and 125 gold medals for excellence Hailed as Australia's greatest wine,
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  • 1010 7 FT WEST GERMANY'S private banks registered a resounding practical and commercial victory with the announcement last month of a "Centleman's Agreement" with the banking industry's regulations, which appears to remove the immediate prospect of a far-reaching reform of the German Banking Law. Yet, while the big banks, such
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  • 627 7 FT FDR FRANCE'S private banks there is nothing much left to be done but wait as the Mitterrrand government is about to nationalise its banking sector. The special Cabinet Committee on Nationalisation met last week. Text of the Nationalisation Bill went before the Council of State
    FT  -  627 words
  • Page 7 Advertisements
    • 552 7 It's one thing to pursue new opportunities in business it's another to support them. That is why you should have a sound and flexible plan when it comes to equipment financing a leasing plan from Armco Pacific. Armco Pacific is a subsidiary' of Armco Inc. one of the largest industry
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  • 424 8 IT IS encouraging to see the Urban Redevelopment Authority making positive efforts to preserve buildings which have important cultural and historical values. This is despite the fact that the enclave to be preserved is in the prime Emerald Hill area which, in hard economic terms,
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  • 287 8 FEW occasions can be less guaranteed to boost company morale than the annual internal public relations exercise known as the "company dinner". Depending on the size of the organisation, one is either thrown into the company of masses of people who are and remain totally
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  • 1643 8  -  The performance of Singapore Airlines as a consistent profit-maker has been a source of envy and emulation in the highly competitive world of international aviation. The great airlines of the world British Airways, Pan American, Trans World Airlines and Qantas have reported heavy lossess year after year. How
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  • 508 8 Will Singapore Girl become the Hard-Nosed Lady? "Never," says her Australian creator Mr lan Batey emphatically, but she could take a back seat to more "tactical advertising", more "hard-nosed stuff" as opposition airlines beef up their own cabin service. A perfect compliment, if you like, to Singapore
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  • Page 8 Miscellaneous
    • 636 8 I I -IN-ONE CROSSWORD I CRYPTIC PUZZLE ACROSS 1 Frock suitable for male wear? (5) 6 The place for a hot-beaded complaint (5) 9 They're placed on the legs (7) 10 Make love and get a bill from a bird (5) 11 A long letter? (5) 12 She fared differently
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    • 27 8 3nStoW JOG. S JCKC CP#l MGiP Nt>u P VOOD U«e SQL»RTI»O &OTTO>«CH£S D€fWTTrn&jT «T Pi DO7€M eJL£XJ(?>C 11 CHCb T e£ ffePCYS PsfcJD FN u>wcx>Pe£. ousmon 9 >
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    • 811 8 Question of politics versus economics in China THE LEADERS of the pootMm era have set 21 years u the target for China's becoming oae of the world's leadlag ladastrlattsed aalag the potential of Its thoas*nd million people. BBC reporter Paai Barry, travels to Gaaagtaag ta see what progreas is heiag
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  • 518 9  -  MICHAEL DONNE explains why 1981 is turning out to be a bad year for the airline industry and why 1982 may be no better. MICHAEL DONNE FT THE RECESSION and rising costs have come at a time when much of the world aircraft fleet is ageing more
    FT  -  518 words
  • 1252 9 FT THE FARE increases on the transatlantic air route between the UK and the US, which became effective earlier this month, are just another symptom of what is proving to be a very bad year for the world airline industry. Costs of all kinds
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  • Page 9 Advertisements
    • 216 9 The multi-story newspaper for the multi-storey industry What is there to know about real estate? For the man in the street, buying a house will be the major investment of a life time. You cannot afford to buy at the wrong time or the wrong price. But what about the
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  • INTERNATIONAL STOCKS
    • 706 10 Reuter BOEING CO, the world's biggest aerospace company and the star of aerospace stocks, has suffered a collapse on Wall Street in the past few weeks amidst increasingly pessimistic forecasts by both the company and securities analysts. The analysts have been making drastic cuts in 1982 profit
      Reuter  -  706 words
    • 81 10 Reuter McDONNELL Douglas Corp intends to buy up to one million shares of its common stock. The purchases will be made on the open market and in privately negotiated transactions at market prices prevailing at the time of the purchase. The common stock acquired will be available
      Reuter  -  81 words
    • 145 10 THERE will be no official quotation for shjtrr* of Ford Nederlaad NV from this week because accountants qatllllfd the nopMy's ISM annual report, the Amsterdam Stork Exchange Association said. Ford Nederlaad, more than per cent owned by Ford Motor Co of the US, plans to
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    • 242 10 HOOKER CORPORATION S increasing diversification out of real estate development has helped the group to surpass predictions by increasing profits 36 per cent, from AJB.I million to 111.1 million in the year to June 30. Turnover increased at the more modest rate of 6.1 per cent, from
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    • 121 10 ro P in third-quarter earnings at Fluor, the Califonuan construction engineer, has been blamed on the costs involved in buying St Joe Minerals for U552.34 billion last spring. I 7'ic > o St 0 5 ""Ihon or 42 cents a share, from #36.2 million or 75
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  • Page 10 Advertisements
    • 202 10 The American Express Card serves you well, wherever good food is served'! o wine,dine Get away to Sentosa lH 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 THURSDAY (except public holidays and holiday
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    • 91 10 übertug ©rill I: For lunch. For dinner For a richly rewarding experience Businessmct V S 1<) r>o 1 A V M m >;^ I*J ll'l* >| M,, OD--a"- S> W 1 BER 9 °C)o^ Cjp (11 30 AM -2 30 PM) Japanese Chinese Indian Q*/ Thai Malay Nonya Indonesian Just
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    • 189 10 See Page 13 for Asian stock* The Oberoi Imperial Hotel presents Do-it-yourself cooking! Dine by a shimmering pool under the stars in the latest fun way. Do-it-yourself barbecue or steamboat, every night at the Oberoi ImperiaL Choose from a lavish and unusual selection of food Then barbecue it yourself, or
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    • 153 10 Inn Of Happiness Dine Dine Cantonese style. Szechuan style. The Inn of Happiness brinjrs together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations. please call 737-2233. KSI HROO* ISTfcRNATIONAb SMGAPORfc Whrf Thr World l» At
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    • 151 10 <? fe The Dragon Palace Restaurant is wnere you can dine m regal splendour and 'east on splendid dishes fit for a King Spacious enough to accommodate 450 people in comfort Dragon Palace Restaurant also caters to the cosy twosome' locxpn noiK One* Rise'Penang Road Singapore 0923 Tel *****11(20 lines)
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  • BANKING AND FINANCE
    • 366 11 EUROFIMA is floating a six million Kuwaiti dinar eightyear bond, with a record 11 per cent coupon, its lead manager Kuwait Foreign Trading, Contracting and Investment Co (KFTCIC) said. A spokesman said the bond, which has an average life of seven years, will be signed in Kuwait on
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    • 135 11 THE SWEDISH government, presenting a new economic recovery programme for Sweden, devalued the Swedish crown by 10 per cent on Monday. The government also proposed to lower the recordhigh value added tax (VAT) from 23.46 per cent to 20 per cent and to *ban all price increases to
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    • MONEY AND EXCHANGES
      • 22 11 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.4 per cent.
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      • 189 11 ASIAN RATES ASIAN currency deposit interbank rates as at close on Sep 14. US Dollar*(Spot) Offer Bid days 17 3/16 17 1/16 1 month 17* 17* 2 months 17*i 17* 3 months 17 15/16 17 13/16 6 months 18 1/16 17 15/16 9 months 17* 17*i 12 months 17* 17*.
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      • 47 11 RANGE of prices offered by discount houses on Sep 14: Overnight: T% Call deposits to T% Clating Buying Selling 3-month Treasury bills 6 5 7 3-month Bank bills 13 11/16 13 9/16 3 months CD 131/16 1215/16 6 months CD 131/16 1215/16 Source: National Discount Co
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      • 131 11 THE dollar in London yesterday opened generally weaker as Eurodollar deposit rates eased by around point following the latest US money supply figures, dealers said. The dollar opened at 2.3750/60 marks compared with a New York close on Friday of 2.3920/40 and a close in London on Friday of
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      • 469 11 THE US dollar opened generally weaker against major currencies on the local market yesterday. Mid-trading rises could not sustain, as the dolalr was weak from easier US interest rates over the weekend. Trading was quiet, as the Hongkong market was closed for the Mooncake Festival. The dollar opened
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      • 185 11 SINGAPORE gold futures yesterday closed generally firmer compared with Friday's close in light trading. dealers said. Prices were marked up between US$B to $9 an ounce at the outset following the metal's firmness in New York last Friday and its rise in Hongkong on Saturday. Total sales for the
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      • 43 11 Frt Thorn New York 11 07B 11 OOB 11.Z7S naos Zurich 10 SOB 11 OOB U 10S 10.20S Mm Kri Singapore 11 OOB 11 OOB 11 20S 11 20S Closing prices in US dollars a troy ounce Source: Credit Suisse, S'pore.
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      • 220 11 THE US dollar for overnight delivery in Tokyo yesterday closed slightly firmer at 231.55 yen, compared with a 231.00 opening in Tokyo and 231.05/20 closing in New York on Friday, dealers said. But this was down from a 232.35 closing in Tokyo last Friday. Trading volume was a moderate
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    • 147 11 Reuter THE CURRENT account deficit of the Industrial countries is expected to narrow to US$29 billion in I*Bl from $44.1 billion In 1*8«. Stall projections in the IMF annual report show that the current account 1181 surplus of the oil exporting nations will also fall to
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    • 226 11 Reuter THE IMF's annual report noted that the level of its resources is currently high, but is expected to fall considerably over the next two to three years. One high-ranking official said the IMF recently had a review of its liquidity. "The Fund's level
      Reuter  -  226 words
    • 536 11 Reuter THE INTERNATIONAL Monetary Fund (IMF) said that high interest rates will remain a problem for the global economy as individual countries press ahead with their efforts to control inflation. In its annual report, the Fund held out little hope that the high
      Reuter  -  536 words
    • 241 11 Reuter THE US dollar continues to decline in importance as a foreign exchange reserve. "The share of the US dollar in the value of foreign exchange reserves identified by currency continued its decline from a peak of 87 per cent in 1976, to 59 per cent by the
      Reuter  -  241 words
    • 398 11  -  GROSS PREMIUMS HIT $24.5 m By LEE YOKE MENG COSMIC Insurance Corporation celebrates its 10th anniversary this week with a sparkling set of results. In spite of keen competition, the company turned in a record $24.5 million worth of gross premiums, mainly on the back of
      398 words
  • Page 11 Advertisements
    • 561 11 This announcement appears as a matter of record only uD AUTOPISTAS DEL ATLANTICO, C.E.S.A. U5545,000,000 Medium Term Loan partly guaranteed by The Kingdom of Spain Managers The Development Bank Manufacturers Bayerische Landesbank of Singapore Limited Hanover Asia Limited Girozentrale, Singapore Branch. Co-managers Bank of China, Singapore Dow Finance Corporation Limited
      561 words

  • 1439 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL <v i7oB) <
    1,439 words
  • 177 12 ■MAPMB UNIT lmUH (ikMin' frtm hfhfli) The Com irame 2J0 2 M The Savtafi Fund 1 (3 1.71 S pore Prof Puad lH 1.34 S'pcre'Sec Fund ISsd 1 Mid S'pore Invest Food 096 100 S pore Equity Fund 1J0 in tfUUNITI tun Maj'Sw■STLf*"" hflif li) 1«1 2 5*
    177 words
  • 2754 12 Gr*t Gr*» Net 1981 Last DW Div Yld P/E Vol Day High Low Company Sale or- CVr <•000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 494 266 Acma 268 -2 14.5 33 5.4 9.6 2 288 266 Alcorn 144 43 2.0 33 243 390 130 Allied Choc 145
    2,754 words
  • 1802 12 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified INDUSTBIALB Ateaa (IJ6S) (1) 1 SO sri A On (1 4KB 1506)
    1,802 words
  • 200 12 SELANGOR Dredging Berbad: Twentieth AGM to be held at Wisma Teh Wan Sang (2nd Floor) 12-B Jalan Bandar, Kuala Lumpur on Sep 15 at 11 am. ALEXANDRA Hsldlags Limited: AGM to be held at 255 Alexandra Road. Singapore 0315. on Sep 19 at noon, followed by the EOGM
    200 words
  • 812 12 WIDE expected** that bayteg-te far aatataadlag ceatracts tae ta Aag SI waili be eietatal yeaterday M aat matrctaHai aad ■hare pricee eeatteaed ta fall at the Stack Exehaage af Stagapare. IV aatataadlag eeatracta were aappeaed ta have heea sabmltted by hraklag firms ta the
    812 words
  • 573 12 SHARE prices opened the week easier at the Kuala Lumpur stock market yesterday in slower trading. Poor interest saw most sectors recording marginal to moderate losses. An observer said market traders are now taking things easy, with some of them even planning to take a
    573 words

  • COMPANY NEWS
    • 138 13 OIL palm and rubber company Temerloh Rubber Estates reported sharply lower pretax profits for the year ended April 30, 1981. Compared with the previous year's peak of MJ4.56 million, unaudited group pretax profits this time fell 22.4 per cent to $3.54 million. The profit slide reflects
      138 words
    • 72 13 HONG Fok Corporation recently acquired the entire issued capital of YYH Construction for $2. Incorporated on Aug 15, 1977, the company has not started trading yet. Its authorised capital is $1 million but its paid-up capital is currently $2, comprising two ordinary shares of $1 each.
      72 words
    • 706 13 TWO economic organisations promoted by the Malaysian Chinese Association (MCA), the Malaysian Multi-Purpose Cooperative Society (KSM) and Multi-Purpose Holdings Berhad (MPHB) have pooled their resources. Mr Tan Koon Swan, group managing director (operations) of MPHB, said a recent special share issue by MPHB to KSM
      706 words
    • 120 13 PERNAS-Sime Darby regional managers in Sabah and Sarawak have been appointed Australian trade correspondents for the two states. The minister (commercial) and senior trade commissioner of the Australian Trade Commission, Dr John Morey, announced the appointments in KL recently. Mr Leonard Chin and Mr Christopher Lim, regional managers
      120 words
    • 165 13 TAN Chang ft Sans Motor Company (S) today concludes a joint-venture agreement to form a company that will provide full maintenance car leasing in Singapore. The parent company, Tan Chong Motor Holdings Sdn Bhd, told the? Stock Exchange of Singapore that the Singapore subsidiary will hold 50 per
      165 words
    • 940 13 THE HISTORY of the Toyota franchise in Malaysia has come one full circle. About a decade after locally incorporated Inchcape Berhad wrested the rights from Malaysian-based Kah Motors (now franchise holders for Honda vehicles), the agency has come back into the hands of
      940 words
    • 676 13 Carreat E> Bssks Date Tstalfsr Tstaltsr Psymest Date Clssr PsyaMe the year Prevtsas A Enterprises I Sep 16 Sep 26 Oct 9 10% l«%(a) Ale* HMgs «%<b) Sep 11 Sep 18 Sep 28 e% 6% B Katll 20% Sep 2 Sep 12 Sep 22 40% 40% Bate 6%
      676 words
    • 299 13 HIT by depressed commodity prices, plantations group Harrisons Malaysian Estates (HME)'s pretax earnings fell 26 per cent to L 23.23 million in the year ended Mar 31. 1981. HME's poorer performance, however, was not totally unexpected as group earnings were already down 17.5 per cent to
      299 words
    • 204 13 IN LINE with most plantation companies. Mentakab Rubber reported lower earnings for the six months to June 1961. Group pretax profits fell sharply to M 5245,502 from $365,587 in the previous corresponding interim as a result of reduced earnings from rubber sales. Not only did rubber
      204 words
  • ASIAN STOCKS
    • 544 13 TOKYO SHARE prices in Tokyo yesterday recovered moderately led by blue chips and speculative issues on selective bargain hunting, but trading was thin ahead of the national holiday in Tokyo today, dealers said. The market average gained 37.77 to 7,542.82 on a volume of 130 million shares.
      544 words
    • 58 13 THE Manila market yesterday closed mixed as turnover declined to one million pesos from Friday's 1.2 million pesos dealers said. SEPT 14 Pm» AcoJ* Mining 0044 unch Atlas Con A A Urn* Con B 24 SO «0 5 B&ffulo Gold 0035 C000S Bencuet Con B BF Goodrich 10J0 unch
      58 words
    • 304 13 HOPES for a decline in US interest rates encouraged renewed buying of mine heavyweights and the Sydney market yesterday produced one of its best performances in months, dealers said. The All-Ordinaries index finished 8.2 points higher at 611.8, with sentiment buoyed by the $1.1 billion fall in
      304 words
    • 70 13 SEPT 14 Bahts 4-/-Ail* Fibre AyuLhajrm Inv And Trust Bangkok Bank Bank Of Ayudhaya 224 unch Ltd Berll Jucker Charoonc Thai Wire 170 1 Pint Trust 46 75 175 Industrial Finance Corp 98 2 International Cosmetics International Trust And Fu Rama Tower Z 51-25 175 Saha Union 145 unch
      70 words
    • 35 13 H.K.HANG SENG Monday closed Friday 1533 85 Week Ago 1564 12 AUSTRALIAN INDUSTRIALS Monday 693 7 Friday 690 8 Week Ago 695 4 ALL ORDINARIES Monday 611.9 Friday 603.1 Week Ago 606 6
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  • Page 13 Advertisements
    • 181 13 FURNITURE \M I H Touch of Class LUXURY INTERIORS PTE. LTD. 321, Plaza Singapura THE LARGEST-SELLING CHAIN-SAW IN THE WORLD. r y> V < <r* U p °°3r r pP W -|<4 hACTO*V RfM*eS£NTATIVf fO* SOUTH EAST ASM STIHUS.EAJPTE LTD Unit 1003, 10th Floor, Tan Boon Liat Building, Outram Road,
      181 words
    • 33 13 IF YOU'VE NEVER HEARD OF US IN CAR RENIAL, WHAT CHANCE DO WE HAVE IN RENTING YOU ATRUCK? Q BTW The car and truck rental company you've never heard of. Phone: *****30,*****24,*****7. (jwr)anaF
      33 words

  • 313 14 DAH YUNG Steel (Singapore) Ltd expects to achieve a "satisfactory" improvement in its profits for the current financial year The group, which derives most of its income from the manufacture and sale of industrial gases, has already chalked up a commendable 74 per cent
    313 words
  • Chief Price Changes
    • 147 14 Rises Chem lad 240 »30 M V I 935 15 Spore Land 1070 10 Paper Products 180 10 Apollo 320 8 G I Hldgs 288 8 F N .=>01) 6 Hume F E 590 5 Selangor Dredg 4?6 4 F.u Yan Sang 210 3 liarhcape 169 3 Fed Cables
      147 words
    • Article, Illustration
      163 14 Rises M Mosaics 650 30 Falls M Cable 270 130 Malex 10.00 -80 H L Ind 1020 80 Utd Mai 330 -60 Sel Prop 745 -30 Guinness 770 -30 Berjuntai 780 -30 G Ceramics 462 -28 Syn Resins 314 -26 Gentings 560 -25 Gadek 250 -20 M Textile
      163 words
  • 139 14 DESPITE poor market conditions, Isetan Ltd will <» ahead with Its public l.vsue. As scheduled, application form* will be made available from Singapore Nomura Merchant Bank, broking firms and other banking sources from tomorrow until Sep 24 when the offer clones. Isetan, the first Japanese retailer
    139 words
  • 51 14 TRADING In the shares of Hytex Ltd will resume on Thursday at Item, the Stock Exchange of Singapore announced yesterday. The lifting of the suspension follows the despatch of aa explanatory note by Hytex to Inform Its shareholders of the events leading to Its application for a
    51 words
  • 465 14 i Companies Editor: Mano Sabnani MINORITY shareholders of Hume Industries (Far East) will have to decide for themselves whether to accept or reject the takeover offer by Hong Leong Industries Holdings (HLH), depending on how they regard their investments. In its circular to shareholders yesterday, independent
    465 words
  • 352 14 PARAMOUNT Corporation has turned in a good 32 per cent rise in group pre-tax profit, to $3.33 million for the first six months ended June 30, 1981. Group turnover, however, increased only marginally to $6.06 million from $5.09 million previously, according to Paramount's
    352 words
  • 229 14 SPARLSTREAM Investments Ltd of Hongkong, which recently bought over Straits Trading's entire stake in Renong Tin Dredging Co, is extending a general offer on similar terms to all Renong stockholders. Under Rule 33 of the Singapore Code on Takeovers and Mergers, Sparlstream is required to make
    229 words
  • 252 14 UNITED Plantations Berhad appears to be weathering the present weak trend of commodity prices better than other plantation groups. The company, which released its unaudited interim results yesterday, recorded a 16.9 per cent drop in pre-tax profits to $16.54 million. This compares favourably to the
    252 words
  • LATEST RESULTS
    • 35 14 pre-tax profit for the six months to June 1981 amounted to $4.39 million, compared with $2.62 million the previous corresponding period. Turnover was also higher at $17.65 million against $11.73 million previously.
      35 words
    • 28 14 made a pre-tax profit of $312,000 for the first half of 1981, compared with $383,000 previously. Net profit after tax before extraordinary items stood at $211,000.
      28 words
  • 802 14 LONDON, Mon. Stock prices moved lower after news that the Bank of England lent overnight funds to discount houses at 13 3 per cent, which was interpreted as a pointer to higher interest rates, dealers said. At 3pm, the Financial Times Index was down 1.4 points at 552
    802 words
  • 48 14 AP NEW YORK, Moo The stock market was mixed this morning amid uncertainty over the Federal budget outlook. Gainers outnumbered by 4 to 3 in the early tally of issues but the Dow Jones average fell 5.61 points to 867.20 in the first hour. AP
    AP  -  48 words
  • Page 14 Advertisements
    • 163 14 YOUR WAY. THE CAFE-BAR WAY. Am I L**"* L n CafcHfer SSI skwsf $jp Serving coffee your way can be a very messy, not-so- *-V -> f nve tent affair Do it the Cafe-Bar way no messy tabletops and sinks or complaining secretaries wr-~—•• With Cafe 3ar in your office,
      163 words
    • 513 14 SAUDI ARABIA THE ARABIAN PENINSULA The Continuing Challenge to Business Managers in East Asia a two-day conference on Arabian-East Asian economic relationships involving a panel of experts October 28 29,1981 Shangri-la Hotel, Singapore The main thrust of the conference will be to examine the nature and implications of the rapid
      513 words
  • Page 14 Miscellaneous
    • 64 14 Outlook for Singapore from 6am to lpm today: Cloudy with showers in several areas late morning onwards. Report for 24 hoars prior to 7J pen on Sep 14 at the airport: Maximum temperature 30.5 Associated humidity 73 Minimum temperature 23.6 Associated humidity 100 Hours of sunshine 1.20 Rainfall in millimetres
      64 words

  • SHIPPING TIMES
    • 195 15 PLANS for a new booking system for the Panama Canal to cope with expected congestion later this year are going ahead. But it seems that the canal authority's board of directors which includes Panamanians for the first time are not entirely happy with initial proposals.
      195 words
    • 582 15  -  By VONG NYAM MING VERSATILITY of function will take precedence over specialisation in the new port facilities that are being built by the Johore Port Authority (JPA) at Pasir Gudang. The three new wharves, to be built eastwards of existing port facilities, will be able
      582 words
    • PORTSIDES
      • 137 15 AFP MARINE departments of Peninsular Malaysia, Sabah and Sarawak will be integrated into a Malaysian Marine Department next year. Deputy Minister of Transport Datuk Abu Hassan Haji Omar said legislation to enable this was being drafted. The draft of the legislation, the Common Merchant Shipping Law, was
        AFP  -  137 words
      • 101 15 AFP THE Thai government has authorised the stateowned Thai Maritime Navigation Company (TMNC) to buy a secondhand freighter of 7,*****,000 dwt, officials said. In a bid to boost the country's merchant marine, the TMNC will purchase a semi-container or conventional cargo ship costing no more than 51
        AFP  -  101 words
      • 142 15 Reuter A FIRE on a cargo ship loaded with Japanese cars in the north Pacific has been extinguished after burning for three days, a US Coast Guard spokesman said on Saturday. The 13,666-ton Liberian-registered freighter Blue Hawk, which had been bound for the east coast of
        Reuter  -  142 words
    • 722 15 Shipping Line PMf C+l SWppiag line (M Achipelego vn 4 El ma m 45 Alea VI 3 Everett Orient IV 4 Afro-Eurasia VI 2 Evergreen IV 3 Ail trans vn < Fesro vn 4 5 Alpac VI 5 Flotta Lauro V 5 Angkutan VI 4 Fountain IV
      722 words
    • 396 16 ARRIVALS KEPPEL WHARVES Azov Sea (0600) 8 9 Bolesaw Ruminski (1830 after Vishva Mamta A Profesor Szafer) 47 Kota Jade (0700 after Yuheng hauls) 13 14 Kim Soon Li (after Builder II) 22 Lumut (0600 20 West Luna Marina (0700 after Elysian Star) 27 Sinaloa (after Simba)
      396 words
    • 934 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCI, CARGO AT CONTAINER TERMINAL Vessel's Voy Estimated Shipping Gdn Mode of Name No. Time of Lines Operatn Arrival Date Time Yin Kim EB004 16.9.81 1200 Intrasea TA 4 Maersk Mango 38S 16.9.81 Maersk 51 TT Dragoer Maersk 8110 17.9.81 Maersk 51
      934 words
    • 1624 16 FAIRLY ACTIVE grain chartering developed on Friday out of North America with firmer trends evident for some business. Two cargoes of about 50,000 long tons were covered from the US Gulf to Japan at $21 and 122.75 respectively while 25,000 tons over the same voyage paid $21.50, up
      1,624 words
    • 447 17 Lloyd's List CANADA'S container trade is set to achieve one of the highest growth rates among industrialised nations in the next five years although with the emphasis on the Pacific, according to a new survey. The forecast is inevitably less optimistic on
      Lloyd's List  -  447 words
    • 272 17 AFP WORLD shipping decreased by 3.3 per cent in tonnage and by 5.5 per cent in tonne/miles last year to the lowest level since 1975, an Organisation (or Economic Cooperation and Development (OECD) committee said. The OECD's Maritime Transport Committee said that the (all particularly
      AFP  -  272 words
    • 1134 17 Seatrade OUT OF THE chaos of collapse is emerging a clarification of the bankruptcy proceedings of Seatrain Lines. The censuring of creditors, stockholders and former employees, so intense at the time Seatrain entered Chapter 11, has given way to a certain civility that has at
      Seatrade  -  1,134 words
    • 1177 22 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published at a maximum of three weeks. PN/PK
      1,177 words
    • 319 22 AFP ALTHOUGH there was a slight improvement in enquiry on the tanker market last week, despite the holiday in the US, there was still a very large amount of tonnage seeking employment. and rates remained around previous depressed levels, or even lower in places.
      AFP  -  319 words
    • 380 22 ANATOMY af shipping September 13-26. Sea trade seminar, Jesus College, Cambridge. Short eww aa flnM laadlag aad dynamic* aff«bare stractara September 14-16, University College London. Aa Introduction ta skippi ag September 14-18, City of London Polytechnic. latereaa *81 September 15-18, onshore, offshore and petroleum exhibition, Edmonton. Alberta. Offahare
      380 words
  • Page 15 Advertisements
    • 554 15 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PFRSIAN GULF AND RED SEA PORTS See Page V lARHIM n I \H I Orient Overseas CotdcuneA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) Calling Bremerha»en after Hamburg FULLY CONTAINERISED KOREAN CHANCE
      554 words
    • 511 15 ISSEALORDH fm, UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES AI SAL MM 37 M. lUMAKUH V 35 Mina QaOoos (8/10). Mina Ai fahai (11/10). Kuwait (14/10) Dammam (17/10). Duba< (20/10). Abu Dhabi (23/10) na Ai fahal (73/10). Kuwait (26 10) Dammarr (29 10). Abu OhaO (1/11).
      511 words
    • 769 15 ODESSA OCEAN LINE BLACK SEA SHIPPING COMPANY Regular Services From SOUTH EAST ASIA TO MEDITERRANEAN PORTS 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 FwJer Vmkl (Port Kel&ng Pen&ng Vessel Biafspore|Longbeach|New York I
      769 words

  • Page 16 Advertisements
    • 1046 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Contanw Swwct To Eiwp« Fitter Kelang Vessel Spore 1) Mse#t% 2) Rdam 3) Kburg 4) Gburg B DAHLIA Sated StIANOIA In Port
      1,046 words
    • 328 16 SUPERCARRIER SERVICE Bartwr Hue sea FROM: US GULF US ATLANTIC EAST CANADA mm m I murm t imi j ic/9 i7/# 10/0 21/0 wm 10/10 *22/" 23/1 20/0 vn 2/11 •vn «/u im 10/0 l/U 3/10 t/u 0/11 VII 5/H VU 1/10 0/10 12/11 17/11 *2»/» 2^" 12/11 13/10 »5/l»
      328 words

  • Page 17 Advertisements
    • 826 17 QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAINERSHIP SERVICE TO UK CONTINENT HONGKONG FIPWSS MOUNTS BAT CARHGAN MT TOKYO MT THAACSMARU FRMKFURT EXPRESS lAR6S MT ITbiag Chagen Brtm 09/10 11/10 M/ 10 09/10 14/10 lt/10 17/10 19/10 20/10 23/10 2C/10 21/10 2/11 4/11
      826 words
    • 583 17 fjg Franco Belgian Services [hit Fa<t Frf.ch Seme* ith /<» rj >,jr FdSUrr. I.\n*<* ACf CO"SOR t H.m fuu cowtMoar serwce erqm cwon SMGAPORE P KEIANS L« Haw» I (an KW| B'Haten A varp R*»n HWf Bitot* Imm Lt Havre < CMM CONTMW »Sfl 21 Sept ll Oct 12 Oct
      583 words

  • Page 18 Advertisements
    • 736 18 JC Hapag-Lloyd TO NORTH EUROtt 24 9 26 9 1< 10 16 10 17 10 -r? 29 9 20 10 ?3 10 24 10 I«k«L. 30 9 1' 10 1»/10 20 10 4 "> 610 7610 2i 10 ?9-10 liJTI, 11 10 13 10 211 4,1 5 Abo accepting transhipment
      736 words
    • 595 18 KOREA SHIPPING CORPN P. K riant PENANG S PORE ALTAR 167* 4-7 Oct 7-9 Oct 1-4 Oct FROM BUSAN BANGKOK ALTAR 16SE 4-7 Oct 7-9 Oct 1-4 Oct TO BUSAN VEGA 165# 22-25 Oct 26/28 Oct 29 Oct-1 Nov FROM BUSAN BANGKOK VEGA 166E 22 25 Oct 26-28 Oct 29
      595 words
    • 654 18 EVERGREEN LINE r FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTWG CARGO FOR: SHBiRBt manc BIRMINGHAM. BRISTOL, LIVERPOOL. GLASGOW. LEEDS. ETC. WEST GERMANY BREMERHAVEN. OSLO. STOCKHOLM. GOTHENBURG. AARHUS. COPENHAGEN HOLLAND mrmu* Sport trOA* Han*v| lihilm *»*»orp It Hawo (Mr Voyager 11/1 9/10 11/11 13/11 lb/10 17/10 l»«r Loyal 20/9 7/18
      654 words
    • 982 18 r UVL n m Burma Fivt Star Shipping Corpn BURMESE NATIONAL LINE' LOADING FOR RANGOON PftCM MIMUMTWt PMSMKCTIWTM P» M S pvt pm jot 11 sap* II 77 Uq' H H Sa* 79/7 Otl C9U UCI B f SS C Awnlt m Matoywo BOUSTEAD SHWWG Til NOS KL *****1/*****3 CempeM*
      982 words
    • 304 18 s OCEAN SHIPPING ft ENTERPRISES PTE LTD. 31 SANKYO LINE JAPAN/STRAUS SERVICE QTSMSIM b Part OASIS mCOMNT IHI/9 SAMT smaauM IS-M/9 OCEAN RESOURCES 27 N1 nasluci 2224/9 CRHTAI STAR 24 25/9 oass «son BEILIS 44/11 NOKO MARU 22 24/9 ammi abuts ocun mm t two—is pie ire sturm m mint.)
      304 words

  • Page 19 Advertisements
    • 796 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) VESSEL Accepting LCL Cargo to Colombo A Aqaba. I S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS' VESSEL NEP ZIRCON NEP TOPAZ NEP ZIRCON NEP TOPAZ VOY. 50S/51N 525/53N 525/53W 545/55N MANILA 11-12/9 22-23/9 1-2/10 12-13/10 H'KONG
      796 words
    • 956 19 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TO EUMPE Cardfcari Bar Kaluga Mam ToKfo Bat S POlf P IM 29/9 24/9 29/9 JO/9 a/9 4/19 i/10 11/10 13/10 17/11 it/10 n/10 Frankhrt fiprro 4/10 (/10 l»P Ba» 11/10 13/10 Baaatts* 17/10 HangKaag Express 29/19 29/10 hmt/twn P"f B«m>a4a Ml Frarttirt
      956 words
    • 843 19 Scan Dutch 9 i f 5 ts 6 \k WEEKLY EXPRESS CONTAINER TO MEP/UK/NC/SCAN SERVICE P AltangPenang OMtM SM e j. 119 B DMU n9 e piiiaga 10 b mmii* 9io B Ik 10 B DAitiA 73 10 B PINAGJI J0 10 B OA** ill Sport I: S !»<• 3(Ht*r|4
      843 words
    • 622 19 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) CLYDEBANK SANTA ELENA FORTHBANK (Deep Tank Spoce Available) SPORE 25 Sep 13 Oct Nov RDAM HULL HMBG 20 Oct 24 Oct 25 Oct 13 Nov 22 Nov 17 Nov 29 Nov 3 Dec 6 Dec Lykes/ Lines
      622 words

  • Page 20 Advertisements
    • 807 20 K LINE KAWASAKI KISEN KAISHA. ITD EXPRESS CONTAINER SERVICES TO NORTH AMERICA acctplaMe Im Oakland Vancouvei Portland Houston. Galveston. V. Oritjns Boston SI Wm. PMadttta. NortoA BaNmore Sanaotali. lacksomfle JAPAN-STRAITS-JAPAN V«s*i Spo" Penang P KfUng j Spore Tokyo Nagoya Kobe NORO STAR 7 UI/9 12/9 13/9 15/9 28/9 29/9 NOW)
      807 words
    • 673 20 s 'M CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE loa** tor LOS ANGEIES SM FRANCISCO SERTIIE TACOMA VANCOUVER BC Acceptnj FCI FCI Contaeiers P Ketanj Singapore t Angete*, *BH*A PUMU" MS** 21 Sepl 17 Oct AUSTRALIA EXPRESS CONTAINER SERVICE Acceptmg FCI/FCI Contaeiers NEW ZEALAND SERVICE Penang P Kelang Singapoie IS
      673 words
    • 803 20 3 A (iroui) SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILOIIMG SINGAPORE 0104 MARKETING *****2 13 LINE SI GENERAL *****1 114 lINES I TERMINAL OFFICE *****83 TELEX RS ***** RS ***** A B CARSMIP CABLE CARGOSMIP Container Linos WEEKLY CONTAINER SERVICE to/from BANGKOK KRPONT •PANORIATNA SftIMJN •PANCIRATNA SINBHUM •PANCIRATNA
      803 words
    • 627 20 KORINS MARITIME SERVICES [5 Room 601 ICB Building, Shenton Way Singapore Tel *****22 *****67 p Kelang Tel *****4/*****5 MIOOLE EAST/RED SEA/EUROPE SERVICES TWO OCEAN BUNGA VANDA A VESSEL A VESSEL P Kelang Loading For: Busan Inchon Bandar Abbas/B Khomeni Bandar Abbas B Khomeni Jeddah Hvundae Shipping Co. Ltd. ASIA MERCHANT
      627 words
    • 716 20 I INTRASEA (PTE) LTD. Suite 2616 Internationa! Pia/a Anson RrJ Singapore 0207 Te! *****11 (10 Lines) BREAKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE Saw vert loadvw tor' CAPCLLA Ml 14 23 Sep teddah/ Liwne /Ifukt/ Hambwt /Hotter dam Hbur y YM KM WHS U Oct MdMi/LmassM/ITsaaes/ Hambiai/Rotterdam/ Tlwry
      716 words

  • Page 21 Advertisements
    • 631 21 TO EUROPE/UK (VIA SUEZ): C. CONTAINER 13* N. GARNET 7* A. CONCORD IN C. PAUL 28W.. K CHANCE 5* S.S BRDGE 33* Also accepting cargo to/from Scandinavia C CONTAINER S pore Closing Times FCL Cargo 1300 19/9 LCI Cargo 0100 19/9 FROM EUROPE (VIA SUEZ) K. CHANCE 4E S.S. BRDGE
      631 words
    • 652 21 MALDIVE LINES ETA SPOW ETA KUANTAN ETA PORT KELANG MAIWVE PROMOTER 18 S loading For Jeddah MALDIVE PROGRESS 25/9 Loading (or Hodetdah MALDIVE PRIZE 15/9 Loading tor Dubai/Dammam' Karachi MALDIVE NEIGHBOUR 25 9 Loading For Dubai Dammam MALDIVE NAVIGATOR 20/9 22/9 Loading For Mukkalla MALDIVE PEACE Sailed Loading For Muscat
      652 words
    • 700 21 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Singapore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P KUANG M/S SHARtKAT NAH SOON SON BHD IST ANP 7ND fIOOS NO 1 lAIAN CfMPfNtNC PORTKIANG MAL AYSIA
      700 words

  • Page 22 Advertisements
    • 475 22 "X. ANTOLL LINES 1 lodependefit Liner Service FCL Containers/'Heavy Lifts D»*ct 8 Is to MXIMX HIBOURNf S*OHE» BSISB*W lISMAWA Sol Tula Saiabnd SoOrott Sot Tiia Satatahd POUT 17S/20N 18S/21W 19S/22N 20S/23N 21S/24W Srjlpore Sept 17 Sept 25 Oct 22 Ho* 2 Nov 16 Port KdMf 22 Oct 25 No* 5
      475 words
    • 401 22 f=\ SAUDI LINE Regular Otrwentional Service i Flog Ve*»«l) Loodmg for DAMMAM, DUBAI. BAHRAIN, ABU DHABI, DOHA, JEDDAH BtCK SIN PK S. SUNRISE 28/9 3/10 5/10 S. PWNCE 5/10 10/10 12/10 Stfb Afcnh Bmkat ASIAN NAKGATION CO. LTD TU *****17 I l«f TUNAS SfTIA SON BHD I* *****4/*****0 r«um TUMS
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    • 283 22 SEABRIDGE AGENCIES 9A CKCULAR ROAD STORE 0104 TEL: *****4, *****6, *****5. >TORE ARABIAN GULF ROUTES DMfltfAM, KUWAIT store RED SEA ROUTES 11/9 ADEN. HOOEDAH, JEDOAH, AQABA. MOGADISCIO. ?8/9 PORT SUDAN. STORE EAST AFRICA ROUTES lt/9 DARESSALAAM. MMBASA m 9 STORE INDIAN OCEAN ROUTES 23/9 CHTTAGONG, MADRAS, RANGOON. CaOMBO, 30/9 KARACHI
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    • 313 22 ft JOHORE SHIPPING LJr 153 JALAN TENGKU BADAP PORT KELANG SELANGOP MALAYSIA I HAJ SHIPPING SDN. BERHAD Express Unittoad Servce from P Ketong Cast Malaysia Brunei (Accepting cargo tor palletising in Lft Gdn No 3 (South Port) i BINTULU O CONTRACTORS w^ r I SDN. BERHAD 37, Pandungan Road, Kucfwt
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  • Page 22 Miscellaneous
    • 154 22 IS 39 oi v »i Regional Weather ***r m \at 02 v/ at /ZA* V a l Jb h/ot wz*iß-?x 6 -< •LIS SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c A <j* Wind direction with speed in knots Wave height LEGEND: R Thunderstorm Temperature °C Shower
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