The Business Times, 8 October 1981

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 THURSDAY, OCTOBER 8,1181 60 CENTS
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  • 241 1  -  By LEE YOKE MENG THE EXPORT Credit Insurance Corporation of Singapore (ECICS) has appointed another large foreign institution as its specialist broker. Industrial and Mercantile Credit Insurance Ltd (IMCI) joins another new appointee, the Credit Insurance Association of the UK. Yet this latest recruitment
    241 words
  • 236 1 PENANG tin dealers said that influential buyers, who have been pushing up the price of the metal on both the Penang and London markets since July, were again in evidence yesterday. The price of tin rose yesterday to its highest point for
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  • 158 1 ACTING President Dr Yeah Gfcim Seng sad Prime Minister Lee Kua Yew yesterday seat esndslenee messages te Egypt sa the saddea death sf President Sadat Dr Yeeh'« wM—i message was ■ddtwscd te Egypt's Actag President, Dr Ml Aba Talib. He said: "The brutal ssss arias ttoa st President
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  • 521 1  -  JAKARTA'S ENERGY STAND By RONNIE LIM PERTAMINA'S president director, Dr Joedo Sumbono, has indicated that Indonesia's energy policies may take precedence over Asean energy cooperation in some areas. Speaking on the first day of the Ascope conference, Dr Sumbono, who took over from Piet Haryono earlier
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  • 462 1 THE ASEAN move to establish an independent Governmental Committee on Energy Cooperation (COEC) which is turning out to be the major development of the Ascope meetings in Manila gained momentum yesterday when President Marcos endorsed its establishment. The Philippine leader's statement, in his keynote
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  • BRIEFLY...
    • 69 1 Reuter LONDON, Wed. The dollar fell sharply on world money markets today as signs of lower US interest rates outweighed worries about the Middle East after the assassination of President Anwar Sadat. Dealers reported the US currency under selling pressure in most centres, losing the gains it
      Reuter  -  69 words
    • 74 1 KUALA LUMPUR, Wed. The air talks between Malaysia and the US were adjourned after three days of discussions as the question of a route schedule for the Malaysian Airline System (MAS) to the US could not be resolved. The adjournment is to enable both sides to seek
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    • 70 1 AFP HONGKONG, Wed. A fair MultiFibre Arrangement (MFA) is essential for the future of Hongkong's textile industry, Governor Sir Murray Maclehose said in the Legislative Council today in the course of a review of the local economy. He said that with recession and unemployment, governments in developed
      AFP  -  70 words
    • 63 1 AP JAKARTA, Wed. Indonesia's inflation rate is estimated to be under 10 per cent this year, or about 6 per cent lower than last year. Information Minister Ali Murtopo said the inflation rate in September was 0.19 per cent compared with 0.53 per cent in the previous month.
      AP  -  63 words
    • 68 1 AFP WASHINGTON, Wed. A large ocean bed deposit of rich metalbearing minerals, fairly easy to exploit, has been discovered in the Pacific Ocean some 560 km west of Ecuador. Copper and silver were among the metals found. The deposit lay on the sea bed which in this
      AFP  -  68 words
    • 68 1 Reuter BELGRADE, Wed. Yugoslavia's foreign debt amounts to US$l6.3 billion, finance minister Petar Kostic said last night. But he said this did not include short-term debt, believed to amount to around $2 billion. Mr Kostic made no reference to an official release last week putting the total foreign
      Reuter  -  68 words
    • 87 1 UPI BOSTON, Wed. Lawyers for Eastman Kodak, America's 25th largest industrial corporation, have charged Polaroid Corporation with trying to maintain a monopoly on the instant camera business. Polaroid attorney, William K Kerr, is trying to show that Kodak was unable to develop the instant camera business "without infringing
      UPI  -  87 words
  • 322 1 THE GOVERNMENT may wHw exteadlag by six msaths to a year Ita twayear liberal p*ttey rf reeraltlag warken tram toe 1 aao-tradittoaai —wee» sf ladia, Pakistea, Sri Laaka, Itasgtsdnsh, Saatk Karea, TaJwaa aad Heagkaag. It Is baped toat same af these warken,
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  • 414 1 ASEAN-EEC trade is still very much in Asean's favour, despite the widelyheld belief that the European Economic Community is extremely protectionistic. Over the last three years, Asean exports to the EEC has been growing steadily at a rate of 28 per cent
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  • 434 1  -  By AGNES WEE A LOW-profile, medium -sized local contractor, Teo Teck Huat (S) Pte Ltd, will team up with UK contractor Rush Tompkins to excavate the Marina Centre site and construct pile caps for the project. Teo Teck Huat (TTH) will soon sign a joint venture agreement
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  • Page 1 Advertisements
    • 213 1 Car Audio Specialist FUJITSU TEN LIMITED SeepmgeS JiMDS THE directors of Guthrie Corporation and their advisers have advised minority shareholders to accept the offer by Permodalan Nasional Berhad Page 12 THE prospect of an Asean car aroused the most interest among delegates to the "New business opportunities in the Eighties:
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    • 339 1 SOOTHSAYERS STOCK PRICES and EARTHQUAKES To convince investors that the market is oversold may be as futile as trying to stage "OH. CALCUTTA" at the Bolshoi Theater in Moscow The fears of the investing public have been accelerated hy the fulminations of a soothsayer who shows no shame for having
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    • 95 1 &.><<"&_^*=(%}|$]_[$;+>)}'@\*|+ Leader page I See page S The performance of a console-size copier, without its cost. The desk-top size Ricoh DT1750. Clear, crisp copies 35,000 copies or more per month Saves on operating costs by 50% or more Space-saving 28 copies per minute X. For more information call *****5 RICOH
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  • BANKING AND FINANCE
    • 343 2  -  By GERALD COLVERD THE AGREED £24 million cash takeover of merchant bankers Arbuthnot La than Holdings by the Dow Scandia Banking Corporation will strengthen the bank's links and activities in South-east Asia. Arbuthnot chairman, Mr Andrew Arbuthnot, said: "Our representation in South-East Asia which we
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    • 158 2 AFP BRITISH reserves of gold and foreign currency dropped by US$Bl5 million in September, the second greatest monthly drain since the sterling crisis of 1976. The Bank of England's use of reserves to support the pound is theoretically only supposed to take place to
      AFP  -  158 words
    • 332 2 AUSTRALIA'S tml MS meaey sappty mc 11J per eeat In the year to the end at Aigut, dawn tram 11J per eeat la the year to the ead ef Jaly and the year aga 12J per eeat, the Reaerve Bank tf Aas trail* said.
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    • 317 2 AMERICAN Express has taken another step in upgrading its facilities in Singapore to cut down transaction time in shops and restaurants which accept its charge card. The office recently added four Raytheon computer terminals to its card authorisation system. The terminals enable local merchants to receive authorisation from
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    • 250 2 AFP MORE bills will be introduced in the Hongkong Legislative Council to amend the Banking Ordinance and the Deposit-Tak-ing Companies Ordinance, the Governor, Sir Murray Maclehose. announced yesterday. This is being done in order to extend to these companies' operations overseas the system of prudential supervision
      AFP  -  250 words
    • 90 2 Reuter INDIA *8 State Baal plan to «pen the e*utry's first <ll«mM< btirte ia Bernbay, a bank spakesmaa said. It believes a siseabie part sf werid rmlgameats sf prectoas staaes new traded la Aa twerp aad Heagkeag is likely to eeme to the pcipsstd eeatre. lie eeatre
      Reuter  -  90 words
    • 509 2 CHINA has developed a programme of regular purchases of silver from Hongkong which bullion dealers say reflects a dramatic, even if only partial, reversal of the established flow-pattern between the two. China has imported from Hongkong 169 tonnes of silver in the form of old
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  • MONEY AND EXCHANGES
    • 237 2 SINGAPORE gold futures yesterday weakened in the afternoon on European selling and some local liquidation after a higher opening, but prices still closed firmer on balance compared with overnight levels. Trading was thin and nrvous with total sales for the day recorded at 53 lots while kerb volume at
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    • 45 2 Twm ia New York 9 42B 9 OOB 90S J 106 Zurich IS 9 52B 9 55S ■.J 9 72S Ta Singapore WM 9«0B TM 8 968 9 60S »15S Ckartacprk ssa in US dollars a troy ounc 1. Source: Credit Suisse, S'pore.
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    • 96 2 THE dollar in London yesterday opened under pressure with interest rate considerations again the central market (actor. Opening quote* yesterday US— 1.8570 /85 Can 2 2245 79 Croas 1 ISM »7 D Mk 4 1650 1730 D F1 4 5835 «25 S FY 3.51» 5285 B Fr con 69
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    • 43 2 THE Monetary Authority of Singapore has invited tanks and discount houses to tender (or a total of 1140 million 91-day Treasury bills to be issued from Oct 12 to Oct 16. Each tender must not be tor less than 1250,000.
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    • 124 2 THE US dollar was firmer in Hongkong yesterday against most major currencies but eased against the yen in quiet late exchanges. The dollar firmed to 2.2470 90 marks in late trading after an early 2.2420/35. but eased to 229.60/70 yen against 229.90/230.10 earlier. The dollar advanced to 1 8985
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    • 22 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 15.02 per cent.
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    • 192 2 ASIAN ASIAN currency deposit interbank rates as at close on Oct 7. L'8 DoU*r><Spoil Odor Bii 7 days 14\ 14** 5 month 151/16 14 15/16 2 months 15 15/16 15 13/16 3 months 16 5/16 16 3/16 6 months 16 0/16 16 7/16 0 months 16H 16H 12 months 16H
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    • 44 2 RANGE a( price* offered by discount houses on Oct Overnight 7"? Call deposits: to T% CkosiBf Bariag Sellimf 3-month Treasury bills 6H 3-month Bank bills 14 9/16 14 7/16 3 months CD 14 13^ 6 months CD 13H 13*4 Source: National Discount Co
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    • 491 2 THE US dollar weakened against major currencies on the Singapore market yesterday, due to what dealers call an "over reaction" to news of Egyptian President Sadat's death. Trading was described as hectic and nervous. But sterling was quiet as the British unit was "left aside", dealers said. The
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    • 206 2 THE US dollar for overnight delivery in Tokyo yesterday closed easier at 229 65 yen, against a 230.60 opening and the 230.20 40 finish in New York overnight. But this was still above its 228.65 closing in Tokyo on Tuesday. Trading was fairly active with a volume of US$l29
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  • Page 2 Advertisements
    • 343 2 MEZ Electric Motors from Czechoslovakia. Mez electric motors well-established in Europe Middle East Thailand and Indonesia are now available in Singapore Import of motors into Malaysia can be arranged by us. e among best quality products made in Europe e most competitive prices Vover 3,000 units (0.37 kw to J
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  • TRADE AND INDUSTRY
    • 224 3 AN ASEAN Federation of Printing Associations will be formed within two years, said the president of the Master Printers' Association of Singapore, Mr Edward Leong yesterday. He said the Asean printing associations agreed in principle to form the body following discissions with Mr CG
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    • 259 3 THE ECONOMIC Development Board will be leading an investment mission to Australia to woo more Australian participation in local industries. The trip will be funded by the Australian government under the Asean-Australian Industrial Cooperation programme. Under this scheme, the Australian government has committed AJ34.5 million.
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    • 480 3 SINGAPORE stands to benefit from China's emphasis on oil and transport development, although Hongkong is also wellplaced to play a role in the great oil race. Newsweek International's Beijing bureau chief, Miss MeUnda Liu, said the Chinese Petroleum Ministry has announced last week that
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    • 496 3  -  By RICHARD SEAH ASEAN countries will consume one million tonnes of ethylene by 1990. This means that the region can accommodate three petrochemical complexes similar to Singapore's $2 billion Sumitomo Complex. Studies by Exxon Chemical Asia Pacific confirmed this projected figure, said Mr
      496 words
    • 236 3 JEWELTIME '81, the second international jewellery and watches exhibition, highlights the growing importance of the jewellery and diamond trade in Singapore. Figures show that jewellery imports last year dropped to $65 million from $71 million in 1979. But exports increased from $48 million to $55
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    • 223 3 MANDARIN Singapore has appointed Mr Ye* Chiang Wee as the hotel's electronic data processing (EDP) manager. In his capacity, Mr Yeo will be responsible for the operation and various phases of installation of the hotel s computer syatems as well as computer training for the staff. Prior
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    • 615 3 Times Conferences THE PROSPECT of an Asean car aroused the most interest among delegates to the "New business opportunities in the Eighties: Asean" conference organised by Times Conferences here yesterday. Delegates queried Mr Gopinath Pillai, general manager of Intraco, at length about plans for the
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    • 415 3 COMPLEMENTATION, accommodation, and adaptation these are the key ingredients which make a successful joint-venture between Western and Asean partners. For complementation is the essence of true partnerships, and accomodation and adaptation lead to the real trust and harmony that will keep a joint-venture viable. This is
      415 words
    • 324 3 EXXON Chemical's S6O million petroleum chemical additives plant at Pulau Ayer Chawan will be ready by the middle of next year, months ahead of schedule. Code-named "Project Alpha", the plant was originally scheduled for early 1983, but construction is progressing faster than expected, Mr
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    • 199 3 THE Northern Territory of Australia, participating in the Singapore Fair *81 now in its sixth day, has reported 10 serious trade enquiries relating to two-way trade from Singapore and other Asean countries. The enquiries cover exports of Longlife Milk, tin and other minerals from the Northern Territory to
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  • Page 3 Advertisements
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      313 words

  • OVERSEAS
    • 632 4 FEARS LONGER RECESSION NYT US TREASURY Secretary Donald Regan, in his strongest statement to date, said that the Federal Reserve Board's (Fed) monetary policy is too tight and that it would have to increase the growth rate of money supply to avoid prolonging a
      NYT  -  632 words
    • 120 4 Reuter AN AMERICAN steel company has filed a complaint with the US Commerce Department accusing Japan Steel Works (JSW) of dumping stainless steel products on the US market. Mr W R Wilson, president of Lukens Steel Company, said JSW is selling the product at less than
      Reuter  -  120 words
    • WORLD IN BRIEF
      • 310 4 Agencies MALAYSIAN Finance Minister Tengku Razaleigh Hamzah yesterday said lessdeveloped countries such as Malaysia cannot accept the US Administration's stand that their economies gain more from private foreign investment than from aid. Speaking to reporters on his return from a visit to Washington, he said
        Agencies  -  310 words
    • 290 4 UPI, Reuter TEEABUEY Secretary Dasaid Regaa has beea asked te saspead the aeaalalttea af Saata Fe teteraatieaal Carparattea by the Kawalt Pctralesm Carparatlaa aattl a Oagressieaai lavestfgattea determines If the aaie is la the Interest the US. Bepreaeatative Beajamla Raaeathal, ehairmaa af
      UPI,; Reuter  -  290 words
    • 328 4 AP THE United States and Japan must develop a new partnership to deal with economic. political and security problems and avoid erroneous perceptions of each other. The Japan-United States Economic Relations Group, an advisory council of eight private citizens from both countries,
      AP  -  328 words
    • 227 4 Reuter PREMIER Zhao Ziyang said China plans to revise its present policy of emphasising light industry at the expense of heavy industry. He told visiting West German Foreign Minister HansDietrich Genscher that in future heavy industry would be emphasised to a limited extent to
      Reuter  -  227 words
    • 322 5 AFP DESPITE the adverse effects of a worldwide recession, Hongkong's financial situation is satisfactory and its economy relatively stable. Governor Sir Murray MacLehose yesterday predicted that government revenue would exceed the original estimate and the budgeted surplus of HK$7,BOO million, even though total expenditure for
      AFP  -  322 words
    • 255 5 Reuter A SUN-POWERED radio, using a solar cell stuck on a hat, went some way yesterday towards proving that Hongkong's toy industry has shaken off its image of being good only for plastic gnomes. The cell was one of thousands of novelties on display
      Reuter  -  255 words
    • 172 5 AFP THE COST of tin production in Malaysia is expected to rise by another 5 to 10 per cent next year, following moves by the Primary Industries Ministry to apply more stringent safety measures on mines. The Deputy Chief Inspector of Mines,
      AFP  -  172 words
    • 103 5 Reuter THE CHIEF Minister of Malaysia's most populous state of Selangor said his government will discuss with foreign plantation owners a possible takeover of their interests. Chief Minister Datuk Hormat Rafie said the Selangor State Investments Committee had started investigating a possible takeover but had run
      Reuter  -  103 words
    • 691 5 AFP THE Malaysian High Court yesterday reserved judgment on a suit by Merdeka University Bhd which challenged the validity of the government's order rejecting its petition to set up the Merdeka University. Mr Justice Eusoffe Abdooleader said the case is unique in that for
      AFP  -  691 words
    • 301 5 Reuter JAPAN made a small concession to the other major trading countries of the noncommunist world as talks began in Paris on updating a 22-nation agreement on export credit interest rates. Delegates said the European Economic Community (EEC), Japan and the United States have been at odds for
      Reuter  -  301 words
    • 255 5 Reuter COMMONWEALTH leaders yesterday gave full support to Third World demands tor global negotiations to reduce poverty and inequality between industrialised and developing countries. The 41-nation Commonwealth summit said in a final communique that every effort would be made to remove obstacles so
      Reuter  -  255 words
    • 666 5 PEACE PROCESS TO GO ON Reuter VICE-PRESIDENT Hosni Mubarak, nominated by Egypt's ruling party to succeed assassinated President Anwar Sadat, has pledged to continue the peace process with Israel which has alienated Egypt from most of the Arab world. Mr Sadat was shot dead on
      Reuter  -  666 words
    • 387 5 UPI THE ASSASSINATION of Egyptian President Anwar Sadat will probably not affect oil exports from West Asia and may result in a more cohesive policy for Arab oil producers. Analysts say Mr Sadat's assassination has rekindled concern about instability in West Asia and
      UPI  -  387 words
    • 135 5 A MAJOR opposition figure yesterday predicted that snowballing economic woes and internal lawlessness would force President Marcos of the Philippines to resign within a year Jose Diokno, a former senator and currently chairman of the Civil Liberties Union, cited a massive foreign debt of USSI4
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  • 697 4 ARRIVALS Service Local Operator Number Time Prom PAA PA0Q5 0010 NYC/SFO/HKG MAS MH601 0630 KUL S1A SQ41 0710 MAA PIA PK772 0730 KHI CMB KUL SLA SQ10I 0815 KUL MAS MH811 0815 PEN MAS MH671 0845 KUL RBA BI421 0930 BWN MAS MH680 0940 BKI MYY/KCH S1A
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  • Page 4 Advertisements
    • 482 4 Lee4er...P»ge I t- > > v and rewarding icampanion FOR THE BUSY EXECUTIVE V ,r:-r .-f T;; I.xv v* |W &S'X v fa &*f, •w»«*»~. .v.**** Wmm. o l X >fcr» WoafcV*"* l •^VSsSrwl *V mmp^. Federal 1 New Industrial Road, Singapore 1953 A member of the Times Organisation World
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  • Page 5 Advertisements
    • 21 5 Asia's*l News Magazine. iUli Jfi 1 in circulation *1 in ad revenue 1 in coverage of executives More goes into it.
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    • 166 5 SEMINAR PACKAGE There are 1000 and 1 details to organising a successful seminar. Leave the 1000 details to us, the one you have to do is to call our Banquet Manager on *****66 Ext 198. For a minimum attendance of 20 persons, we offer you a very special package at
      166 words

  • 377 6 I THE EUROPEAN Economic Community has long been the target of criticism when it comes to the question of protectionism and the granting of trade preferences to developing countries. In fact, dissatisfaction with EEC policies has been so rife that the Community may well
    377 words
  • 299 6 IT IS ENCOURAGING that the American Treasury Secretary, Mr Donald Regan himself, has gone on record saying that the monetary policy of the Federal Reserve Board has been too tight and that this has caused a bottleneck in the economy. It is a statement
    299 words
  • 743 6  -  By JOHN LAIRD AP WITH THE gap between rich and poor growing and natural resources shrinking after 20 years of rapid and undirected growth, Thailand's planners are now trying to restructure the economy. The country's fifth fiveyear plan, which came into effect this month, emphasises a rural poverty
    AP  -  743 words
  • 1132 6  -  By W SALAYAKANOND Depthnews COMMERCIAL banks and finance companies have tightened the screws on credit forcing several small Thai department stores and supermarkets to close shop. Many more are on the brink of financial collapse. In early August, commercial banks and finance
    Depthnews  -  1,132 words
  • Page 6 Miscellaneous
    • 631 6 1 I -11-018 CROSSWORD CRYPTIC PUZZLE ACROSS 1 Whispering informant? (5) 6 Because it's wrong to go at half pace? (5) 9 Chap with his own radio band (7) 10 Android constructed to rob? (5) 11 Player in a contract orchestra (5) 12 Mabel turned singer (5) 13 Cut a
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    • 797 6 Elvis —the legend lives on THERE'S aethlag like a fact-pared game af iquik to start a pabUe haUday. A "mast" far all players af the game b toe "live" telecart af aa exhlhittaa mate* between Geaff Hsat aid Jehaaglr Khaa aa Super OuJkmge Sqa»ak (eh 5, 11.15). The oadlspated Na
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  • 178 7  -  Letters to the Editor Y H LEONG Dear Sir, Your article in page 3 of Business Times on Oct 2 prompted me to write to you. I personally (eel that the success of Yaohan and Isetan lies not solely in their management skill, though I
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  • 179 7  -  S C TAN (Miss) Dear Sir, I would like to point out a rather loose statement which was printed in the Sep 29 issue of Business Times. The item on "World Economic Performance (*****1)", which lists Singapore as second in the overall ratings, went on to
    179 words
  • 1142 7  -  By EDWARD FISKE NYT A DECADE of effort by American business schools to build up their quality as full-fledged academic institutions is now being jeopardised by a severe shortage of PhDs. The recent surge of student interest in business administration programmes is straining the teaching capacity
    NYT  -  1,142 words
  • Article, Illustration
    951 7  -  EDUCATION The best-paid jobs, according to a study published by the International Labour Office (ILO), still go mostly to the already well-off and much of Asia has now a pool of educated unemployed. NESTOR CERVANTES reports on the drawbacks of Asia's ambitious education programmes. NESTOR CERVANTES Depthnews ASIA'S
    Depthnews  -  951 words
  • 818 7  -  FORUM with JAMES RESTON NYT THE MURDER of President Sadat of Egypt has stunned Washington into silence, and forced in the executive and Congress a pause for reflection on US policy in the Middle East. This may be one consolation of the tragedy. For Washington was getting deeply
    NYT  -  818 words
  • Page 7 Advertisements
    • 145 7 The Straits Times The one tab to help you keep tabs on allyour resources! The triple-purpose index of the Straits Times Directory or Buku Merah (as we are also known) is your complete guide to all the resources available to you in your business. If you need a name to
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 241 8 OCT rn COKBKJLLK Alr-UquM* B 8 N Qeraii □■DOM C 8 T (ThomjonCla kancalaa d«* PctrolM Compagnte FlDAOCtm m 1066 81 -a •14 10*10 LI Compagnle Qtiuni< 101 .J Credit Fonder Dt Franc* 307 JO 0lS Haclmu (Uhrmlrt.) 319 M«rhtn«« Bull Mlcballn (B) Pirttu Pechlnty Clflnc KuAJmann 36 JO
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      • 163 8 OCT 00 ru ARM Ahold Akao AMXV Amfu Amrotak gSf mat noo >1 40 91 JO SUB 5X90 25.70 29.00 -2 -1.7 -AI 12 0J -0J 1.7 -0-5 BoU BortumU Burhmann Caland cuv* ran 91.40 ***** 4U0 17 00 196J0 -02 unch -02 0-2 D«U MU Knnla Pokkar rorrt
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      • 182 8 OCT OS A«f-T»Wfun*#n Dm 47 JOB -0J6 unch -IS 40 -4J -4 •1 4.4 -11 -u unch -4 -a Akao Aili Ubtn Alls Van BAW It. IS IMMB 4SOOO isuo ltoof moo ***** Ml DO ISO 00 Caaaalla Cham Verw Commanoank Coou Oummi Iklmltr-Bmi MSJO X1S 00 IJBjOO 4610
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      • 82 8 OCT 08 I T» FORWARD MARKET AM* V> -J ArtMd 1010 MB Bruno Bru-LAmb m 410 1010 unefa OotS". n. Kaara Ui -l *7 KUW I ntcuobci UM -J 106 4| Ob-Inno-Bm ItlO >10 Otv isn -is Hobo* 2iic -a© 3800 unch irm *2 1008 uneh Boe 0*n Brig
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      • 143 8 OCT M rranca STTHB a -1 Aluaulaa Bat. Brown Mown Br. Ota Oatn Br Ml vm 1110 1 3D 56 Clba Oalgy T C Mi 40 Clba Oeltj Rca Credit Sulaat Br CndM Biifi IU« sit MB m u 3 IS vh DakUovmU Br. ZMX X OMrp nacltar Br
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      • 73 8 ocr m Urc An* Ajwc Om uS&O ■MM Otntnl* nu ftartdr ST -M MX -Ml USD +4 mm IWcmuou Mil -M IUiau iMlstdar HipM U M B0°° IT mup 104 4 ltenUI Krr suae XMM Jme 2100 UIMuh Moodadori Mmmii ***** -too •bo -no MOJi -1 pgE an ZSH
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      • 148 8 OCT 1K..1K. XI E -k E B 11 F H Camp Had LUa Can Imp Bk Can par u a 43 36 »v >* unch unci) Oomlnco Offni FHtf* M« M .«t Com klartMnor IB SH unch Oankoc Dfntw" DM TV Doom la— rWonbrttf* Onp l»v> M MM uncn
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      • 236 8 OCT Ot Rand INDUSTRIALS A /Uptift m unch Atwrcam AX i*"*! CI 490 A MIC n» unch Barlow* MB6 uocti Of Bupr 1*10 10 C&A m •U Cum* rinkna IR Ot Bmti lad WK Edfmr* rumflr r*d Volk MO 4 nifii WO OtnUM niimnl DM Hippo HIt« Id 806
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  • Page 8 Advertisements
    • 230 8 "The American ExpressCardserves E™ you well, wherever good food is served" Getaway to Sentosa with family and friends an? 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
      230 words
    • 135 8 For lunch For dinner. For a richly rewarding experience. /vivMt svit'n s l.unt h ji Sl') .»<> It) scrriit < /).;ri»i■ ■>' nirum'sr Hxtulft SmurJui ,V Siihilji Si >() It) sc'rr'i i rlii.Tijt' > r«*.v» < I 'jirk Slu'i*jHoii •Si i ij^'ji|h n't• fas liS NUTMEGS Mat RESTAURANT Business Breakfast:
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    • 181 8 )/_;?}_+`]!@.*$][@_~:>*"(@)!).? 11VI K I S I I K Before vou tlv awa\ to torci,mi lands dux k-m vour hatis then M.vk out the Five C "ontinents Restaurant. Relax in intimate surrounding and wine and dine on the most superh international cuisine vou've ever tasted. Lunch 12 noon >pm Dinner 7pm
      181 words
    • 144 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, please call 737-2233. P2| HHDN MTERNAHONAb SMGAPORfc Where The Wortd Is At
      144 words
    • 199 8 asgood as going to Bangkok. v* ft This it That Seafood at its authentic best So fresh, it could have been alive 15 minutes before coming to your tabte It was An enormous variety of succulent seafoods expertly prepared by Thai chets in our kitchen Siamese Seafood Restaurant a —»—i*
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  • RAW MATERIALS
    • 550 9 COFFEE: Robusta futures yesterday ended the morning quietly steadier in thin lack lustre trading, dealers said. Prices finished the second call £3.5 to £11.5 higher in traded months on a turnover of 864 lots including 96 cross trades. SUGAR: The London daily raws price on Tuesday was £167
      550 words
    • 120 9 JHE Kuala Lumpur palm oil market yesterday closed firmer on light covering in quiet trading, Sealers said. w October in the south region was traded MJ12.50 Jo $922.50 a tonne. j The refined market remained featureless on continued lack of interest, v The market will be closed today
      120 words
    • 93 9 THE STRAITS tin price In Penang yesterday rose seven cents to hit the ceiling of M 535.47 s kilo for a new high of 12 month trading, dealers said. Hie market trended higher in anticipation of favourable outcome of the forthcoming ITC meeting and continued support by influential
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    • 34 9 Rubber: Oct 7 Singapore: Oct: 202.00 cent* (up 1.00 cent) Malaysia: Nov: 235.00 cents (up 1.00 cent) Tin: M 535.47 per kilo (up 7 cents) Official offering: 239 tonnes (up 44 tonnes)
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    • 31 9 Reuter MINISTERS of the Intergovernmental Council of Copper Exporting Countries discussed prospects for an agreement between copper producers and consumers at their annual meeting in Paris yesterday. Reuter
      Reuter  -  31 words
    • 177 9 CHINESE Pradice Exduge, Singapore, mm cMag prfc*» per 1M kg yesterday. Ocean t all: Bulk fob $113.50 sellers, old drum (in second hand drum) fob $127.50 sellers, new drum fob $137.50 sellers. Capra: Mixed (loose) $68.25 buyers. Pepper: Muntok white pepper fob Asta NLW $387.50 sellers, Sarawak white
      177 words
    • 328 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.33, 100 per cent second class 1.13, 100 per cent third class 1.08, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.75, Special
      328 words
    • 230 9 RUBBER prices In Singapore yesterday closed slightly firmer with October One RSS buyers quoted at 202.00 cents per kilo, up one cent from Tuesday's close, dealers said. The morning market gained two cents on some short-cover-ing interest reversing the recent decline as the market reassess the repurcussions of the
      230 words
    • 419 9 RAS prices in cents per kilo yesterday: Noon (per kilo) Buyers Sellers lat 1 R.S S prompt fob 199 00 200 OON Int. 1R S-S October XD 00 204 00 lat 1 R.S.S. November 306 00 207 00 lat. 2 R.S.S. 169 00 170.00N UK/Coat 168 00 169
      419 words
    • 121 9 NOON SSI R and SMR prion mu t6mr KA8 SSR 10 SSR&O MKE1 B 11 too pdlMI (l ion paiWtl N< Ortol (C»fT»»l 1M 1 168 00 166 00 maUr 224 00 220 SO 1M00 UNO moo Mr 1 MU) 170 00N 168. OON Nernbtr 1 Forward
      121 words
    • 195 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattaa yara: China Blue Phoenix 20* 2,450; 32s 2.960, 40s 3,115 (per bale of 400 lbs). Piece pih: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      195 words
    • 251 9 Reuter THE US Commodity Futures Trading Commission (CFTC), worried by the boom and slump in the silver market last year, has adopted a new rule to prevent speculators gaining control of commodity markets. The CFTC, a Fedral agency, recently unanimously adopted a rule requiring
      Reuter  -  251 words
    • 98 9 Reuter THE US wants selective quota adjustments again to be an active part of the International Coffee Agreements (ICA) economic clauses. Member countries of the ICA can put forward proposals for changes in its economic regulations for consideration by next July following last month's one year extension
      Reuter  -  98 words
    • 194 9 WHEAT futures in Chicago on Tuesday recovered late to close up two US-cents a bushel to unchanged. Late commercial demand caught locals short, which prompted covering and forced most prices to the plus side, traders said. Values received spillover support from the extended advances in corn and soybean. The
      194 words
    • 219 9 SOYBEAN futures in Chicago on Tuesday closed up 3Vi to V« US-cents a bushel, on revived local short-covering. Values rallied following news of Egyptian President Sadat's death, as commission bouses bought on the possibility of political unrest in the Mid-East. However, the impact of Sadat's death on the market
      219 words
  • ASIAN STOCKS
    • 270 9 •HONGKONG STOCKS in Hongkong yesterday closed higher following its sharp fail on Monday, supported by local bargain-hunting together with some technical adjustments, dealers said. The Hang Seng index rose 66.06 points to close the half day at 1,179.83, 66.06 points above the previous close on Moncfey, when
      270 words
    • 104 9 THE Manila stock market yesterday closed higher as commercial/industrial recovered with mining and oils and turnover rose sharply to 3.1 million from its previous 2.0 million pesos. Basic Petroleum and Phil Overseas finished strong. There were no losers and the rest were untraded and unchanged shares. OCT 07 Pan
      104 words
    • 329 9 SHARE prices in Tokyo yesterday rose sharply led by blue chips, reversing the initial weakness prompted by the Egyptian President Sadat's assassination, dealers said. The market average gained 39.87 to 7,545.88 in moderate trading on a volume of 400 million shares. The Tokyo Stock Exchange index rose
      329 words
    • 38 9 STOCK prices in Bangkok yesterday made some improvements with financial shares leading the way. oct «rr Atf> mi rs BabU r» US uneh In* Btnfkok Ban* Of ii tU unco BMU J actaChArooof Thai Wlr. BS uneh
      38 words
    • 716 9 D8» r Ik Mft MH i Allied Store* Allls-Clialmers E9 Alumhqo Atom Am AUttoaa Am Branda Inc Am Broadcast Am Can fin Am Cnatmld Am Dk Pwr Br-M 14 Sk 17 16* unch 1* uncb V Am lui Am Horn* Prod Am Motor* Cp Am Natural Oaa
      716 words
    • 54 9 FINANCIAL TIMES INDUSTRIALS Tuesday 475.0 Monday 490 4 Week Ago 4812 DOW JONES AVERAGE INDUSTRIALS Tuesday 85« X Monday 858 87 Week Ago 847.80 H.K.HANG 8ENG Wednesday *****] Tuesday closed Week Ago 1280.13 AUSTRALIAN INDUSTRIALS Wednesday 882J Tuesday 582 9 Week Ago 878.1 ALL ORDINARIE8 Wednesday 578.8 Tuesday
      54 words
    • 204 9 DEMAND for gold stocks in Sydney yesterday produced the only lift in an otherwise flat market. OCT #T Cntl INDUSTRIALS Art AMI 1M unci A. P. U. Ampoi Pat. Bant NSW BormJ Brmmbto* Cli can Ooal A Iliad 1*1 141 IMS m 510 m 483 130 -4 1 10
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  • Page 9 Advertisements
    • 95 9 restaurant c 5? gourmet's delight We have dishes to make you smile. Delicious cuisine from the Hunan Province. In the month of October, we're celebrating our Ist Anniversary. Free Calendars will be given away while stocks last e%2> Oncflcl 214 Duneam Road Singapore 1129 Jet *****49,*****22 Dininq at the Enjoyable,
      95 words
    • 260 9 urn Philips' ILLUSTRATED ATLAS I ■Mpl'V This excellent book is only 3\JsS THE WORLD What makes PHILIPS' ILLUSTRA TED A TLAS OF THE WORLD the most comprehensive, accurate and modern atlas now available? PHILIPS' ILLUSTRATED ATLAS combines maps, illustrations and text in a reference book that is visually exciting, very
      260 words

  • 1425 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 (1568 ZOOS)
    1,425 words
  • 187 10 SINGAPORE 1'NIT TRUST DIAMOND MOT STORE Mtm tar Ort Diamond 1 tar Oel» The Commerce 2 69 2.83 The Savings Fund 1 1 (4 Spore Fd(USt) 083 088 S pore Prog Fund 1.1$ 1 SI 186 S pore Sec Fund 1.77 j at (Sep)(today) S pore Invest Fund
    187 words
  • 2748 10 Gr'» Gr*> Net 1 vol Conpuy Last Div Div Vld P/E Vol Day mgn Low Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL m 250 Aetna 257cd 7 14.5 3.2 53 92 3 257 255 Alcorn 144 4.8 20 33 24.8 350 130 Allied Choc
    2,748 words
  • 1524 10 BID and oder price* 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. INDUSTBIALS Aleea (1 2TB) (1) 12 (4) I X I.»xrl A CkM
    1,524 words
  • 259 10 BANDAR Bay* Developmoats Berhad: EOGM to be held at the Board Room of Multipurpose Holdings Berfaad, 16th Floor, Wisma MPI, Jalan Raja Chulan, Kuala Lumpur on Oct 9 at 11 am. MALAYAN Ha Dredging (M) Berhad: EOGM to be held at Wisma Bunga Ray a, 152 Jalan Am
    259 words
  • 763 10 THE i—Mb Hi >ii sf EgyptUa Presideat A* war Sadat •a Taeaday oftonoM caaso< same mtvnbmm ta Western Biarketo. Bat the toeal market did aat appear ta have heea affected by the aews at all. Share priced at the stack exehaage yesterday eaatiaaed ta
    763 words
  • 596 10 TRADING was lacklustre at the Kuala Lumpur stock market yesterday as prices closed on a mixed note in yet another slow day. Turnover went below the three million mark, reflecting the indifference of market operators who preferred to wait on the sidelines. News of the
    596 words

  • COMPANY NEWS
    • 897 11 V 1 Market Talk... k. A INVESTORS should now accumulate shares when the market is weak and sentiments still predominantly nervous, said UK stockbroker, Montagu Loebl Stanley and Co in its latest monthly newsletter on the Singapore and Malaysia markets. It feels
      897 words
    • 649 11 Carreat Ex Beaks Date Tstel far Trial tor Pay meat Date Ctaee Payakle tke year Prevtoaa A Enterprise! 10%I Sep 16 Sep 26 Oct 9 10% 16%<a) Aetna 10%(h) Oct 13 Oct 20 Nov 20 10% TE 14.5%(a) Allied Ckae 7% NYA NYA NYA 7% 4%TE April* 5%I
      649 words
    • 287 11 Company Particulars Ex Date Books Gose B Bay* Bonus issue of 5 for 4 Oct 2 Oct 15 Fmjttee G Lamher Bonus issue of 1 for 10 NYA NYA Bonus issue of 1 for 5 Oct 7 Oct 20 Rights issue of 1 for 5 @$1.00 per share
      287 words
    • 381 11 GENTING Bbd should be able to turn In a group pretax profit of about Ms6o million in the second half of the current year, following its recent acquisition of Ko Rubber Plantations, Kah Hin Rubber Co and Chin Cheng Realty. This, according to UK
      381 words
    • 446 11 THE takeover of the Guthrie Corporation by Permodalan Nasionai Bhd has now focused investors' attention on Harrisons and Cro6field, with the result that its shares in the London stock market have held firm in a generally depressed market. At their current market price of just under 800
      446 words
    • 485 11 Dale La ■tPall Yea Cempaay Perled Aammmeti Net EPS Grew Pre-tax last year (eeato) Dtv. Profit Chem Ind <%) (I**) I 9/7 23.7 15.0 3,460 New Serendah I 29/8 22.4 32.5 5.100 Car Is berg I 5/9 29.6 16.7(b) 12,930 Pegl Msia I NA 2.9TE 324(c) Nanyang F
      485 words
    • 453 11 HONG Leong Industries (HLI) is implementing "intensive and on-going cost reduction programmes" to raise productivity as well as to withstand inflationary pressure on the operating margins of its subsidiaries. This was disclosed by HLI chairman Kwek Hong Png in his latest annual statement to
      453 words
    • 461 11 THE Malaysian director general of cooperative development, Mr Shaaya Basheer bin Mohamed Ba sheer, has clarified that his department's comments on the annual report and accounts of the Malaysian Multi-Purpoee Cooperative Society Bhd (KSM) should not be misconstructed out of context as to suggest any serious shortcomings
      461 words
    • 192 11 THE Multi-Purpose group received 90,000 applications for membership, a hefty increase of 125 per cent over the past nine months as a result of the various projects it is currently engaged in the KSM-Multi-Purpos*' Investment Fund, the MPHB bonus and rights issue and the Kojadi
      192 words
  • Page 11 Advertisements
    • 169 11 Guide to MUSICAL Appreciation oßciS^ <*rvi M Of -V r <^^o> ORCHESTRA Andre Previn sets out in this book to reveal the players on the platform, those anonymous men and women whose dedication and talent alone make the performance of great orchestra music possible. Retail Price $55.65 THE MUSIC LOVER'S
      169 words

  • 426 12  -  By KOH TSE YING THE directors of Guthrie Corporation and their advisers have advised minority shareholders to accept the offer by Permo dalan Nasional Berhad, but not without misgivings. On behalf of the company's board, chairman Mark Gent said that they had "reluctantly" decided to advise
    426 words
  • 188 12 PEGI Malaysia Berhad has confirmed that it has arranged for a $25 million syndicated loan but said the agreement has not been signed yet. It also informed the Kuala Lumpur Stock Exchange that it had no immediate plans for the use of the funds to be raised. The
    188 words
  • Chief Price Changes
    • 149 12 Rises Indices C Sugar* 1 Time* Pub 1240 490 TO 54 Oct 6 Oct 7 S«1 Properties 530 20 BT Indicator: *****0 *****0 G Lumber 109 16 Industrials: 624.48 627.31 U M W 402 12 Finance: 1342.01 1344.01 Ambassador 580 10 Hotels: 1017.02 1019.57 M Banking Keppel Ship Sen
      149 words
    • Article, Illustration
      143 12 Rises Indices C Sugars 1340 +90 Oct 6 Oct 7 Dunlop Est 444 +24 CC M 476 14 BT Index: *****1 *****2 United Plant 460 10 Industrials: 814.20 813.27 Guinness 770 10 Finance: 1261.54 1254.11 Falls Hotels: 502.64 502.64 Properties: 852.41 851.25 U Benut Renong 440 1600 -70
      143 words
  • 408 12  -  By SIOW LI SEN MORE companies are not taking kindly to the recent warning given by the Stock Exchange of Singapore to companies which allegedly did not return scrip to shareholders within the prescribed time. Showing extreme displeasure over the warning is Marco Polo Hotel which has
    408 words
  • 217 12 LARUT Tin Fields, which has been lying idle for a considerable time, may soon start operating again this time as a property group. The Foreign Investment Committee has approved the group's proposed acquisitions of three property companies, and approval from the Capital Issues Committee should be
    217 words
  • 21 12 Town City TOWN aad City Prapertk» has changed its registered address to Harapan Building, 3rd Floor, 141 Market Street, Singpaore 0104.
    21 words
  • 794 12 LONDON, Wed. The market closed firm in moderate activity today. At 3pm the Financial Times Index was 12.8 points higher to 487.8. Government bonds rose more than one point, reflecting a growing conviction that UK interest rates have peaked and US interest rates are set to move lower.
    794 words
  • 39 12 NEW YORK. Wed. The stock market turned upward today after yesterdays calm response to the assassination of Anwar Sadat. The Dow Jones average of 30 industrials climbed 5.61 points to 861.87 in the first half hour.
    39 words
  • 223 12 AFTER nearly four years, the dispute between Haw Par Brothers International Ltd and Keppel Shipyard has finally been resolved. In 1977, Haw Par claimed its newly-delivered mini-bulk carriers were defective in original conception, design and construction, and sought redress from the builders. Singapore
    223 words
  • 32 12 GANDA H*ldl>gs Berte4 has changed the name of its wholly-owned subsidiary, Seng Heng, to Ganda Leasing with effect from Sep 8. The main business of the company now is leasing.
    32 words
  • 249 12 HUME Industries (Far East) Ltd seems close to being delisted from the Stock Exchange of Singapore. On behalf of Hong Leong Holdings Ltd, Wardley announced yesterday that it has received acceptances for about 91.28 per cent of Hume (FE)'s equity as at Oct 6, four days
    249 words
  • 147 12 mmm Companies Editor: Mano Sabnani WITH its new wing finally completed. Hotel Grand Central is now looking forward to more business. The company yesterday said its new wing has been completed and will begin operations soon. The extension has not only added more rooms but more recreational
    147 words
  • 108 12 BANDAR Raya Developments Berhad has told the Kuala Lumpur Stock Exchange that it did not release any information relating to a proposed mini-city to be built in Kuala Lumpur A newspaper report in the Malaysian daily. The Star, recently said a subsidiary of Bandar Raya plans to
    108 words
  • 340 12 LEONG Huat Industries Ltd, a manufacturer of cold formed steel sections, steel strips and plates, may finish the current year with an even heavier loss than the previous year unless steps are taken to turn the ailing company around. For the first six months of this year,
    340 words
  • 61 12 STOCK market analyst Joseph Granville repeated his sell-everything recommendation to a group of about 500 professional brokers and investors in Edmonton on Monday. The Florida-based analyst admitted his forecast probably would not be 100 per cent correct in that some stocks would buck the downtrend, but said most are
    61 words
  • Page 12 Advertisements
    • 199 12 The oil industry is the world's largest commercial enterprise. Its extent is global, affecting every country. International issues from Iran to SinoSoviet relations are influenced by considerations of oil production and consumption whilst the international communications network of the larger oil companies rivals that of the majority of nations. In
      199 words
  • Page 12 Miscellaneous
    • 67 12 WEATHER Outlook for Singapore from 6am to lpm today: Thundery showers in many places at first, becoming fair by midmorning. Report fer 24 hours prior to 7J pm on Oct 7 at the airport: Maximum temperature 30.5 Associated humidity 69 Minimum temperature 24.4 Associated humidity 98 Hours of sunshine 7.30
      67 words

  • SHIPPING TIMES
    • 189 13 THE cargo-handling capacity of Kota Kinabalu port will be more than doubled by 1985, according to the Sabah Ports Authority general manager, Encik Abdul Samad Mohammed. About $100 million will be spent to increase its capacity from one million tons to 2.4 million. Encik Samad
      189 words
    • 473 13  -  By G DURAIRAJ WORK on the construction of the $500 million port in Tanjong Kidurong in Bintulu, Sarawak, is progressing according to schedule. The first deepwater port in East Malaysia is now 57 per cent complete and will be ready for operation in 1963
      473 words
    • PORTSIDES
      • 63 13 Reuter ITEL Corp said it will order cargo containers costing US$25 million from manufacturers in Japan, Taiwan, Korea and Europe for delivery in the first half of 1982. Itel said the capital expenditure was being financed from internally generated funds. The company said its container leasing
        Reuter  -  63 words
      • 88 13 AFP THE Indonesian government has allocated US$7OO million for the purchase of 200 ships and barges in a bid to boost the national merchant fleet, a sea communication spokesman said. A contract on the ships' purchase is expected to be signed at Jakarta in December, the spokesman
        AFP  -  88 words
      • 186 13 UPI A NEW international cruise line will offer first class, year-round travel to ports in China, Indonesia and the Far East, Pearl Cruises of Scandinavia announced. The San Francisco-based firm said it would operate a 488-passenger, modern luxury cruiseliner, Pearl of Scandinavia, which will be based year-round in
        UPI  -  186 words
    • 714 13 J I C«l Ate* VI 3 Afro-Eurasia VI 2 A11 trans vn 4 Alpac VI 5 Angkutan VI 4 Angonave V 3 ANL I 1 APL m 4/5 Argentine IV 4 ASCL m 1 Asia Merchant VI 4 Austasva Line V 1 Australian Coat VI S Bait-Orient
      714 words
    • 405 14 ARRIVALS KEPPEL WHARVES Atrevida (1400 after Galleon Topaz hauls) 31/32 Bharatendu (1800 after Chidambaram) 1/2 Foochow (after Asian Clipper) 5 Galleon Topaz (1100 hauls after Bunga Melati) 33 34 Golden Eagle (0600 after RSS Excellence) 23 Kwangchow (after Ramoneverett) 35 36 Kris Madura (1300 after Lumut) 20
      405 words
    • 937 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Voy Name No. Estimated Time of Arrival Shipping Lines Gdn Mode of Operatn Date Time Benattow 481/8 7.10.81 O. Merchant 14W 7.10.81 Glory Ace 13A 7.10.81 Sapphire Bounty IE 7.10.81 Sun Emerald 15NB 7.10.81 Omex Pioneer
      937 words
    • 1664 14 FAIRLY ACTIVE time-charter business developed on Tuesday on an otherwise rather quiet freight market. A 15,000 tonner paid U556,575 daily from South Japan to the Med while 15,900 daily was agreed for a 26,000 tonner from the St lawrence to Brazil via the Gt Lakes. On the Continent,
      1,664 words
    • 427 15 THE United States Coast Guard and insurers have warned ports and shipowners that great care must be taken with certain coal cargoes or they risk fires, serious damage or even ship losses. Late last week, emergency measures were imposed at the port of Los Angeles to
      427 words
    • 370 15 BRITISH ports are under attack for their alleged unpreparedness to deal with shipping accidents which could release large volumes of lethal liquefied gases and chemicals. Their emergency procedures are said to lag far behind those of ports in the US and Norway. A team
      370 words
    • 222 15 OCEANIC Finance Corporation has arranged a US$4l million corporate finance package for the International Shipholding Corporation (ISC), the USbased shipping group, whose principal operating subsidiaries are Lash Carriers Inc and Central Gulf Lines Inc both pioneers of the advanced "lighter aboard ship" (Lash) system
      222 words
    • 426 15 THE government-backed United Thai Shipping Corporation, a member of the Far Eastern Freight Conference will ask the conference for a larger share in transporting goods from Europe to Bangkok and other East Asian ports, said former Thai Commerce Minister Mr Ob Vasuratna.
      426 words
    • 311 15 THE Pert of LmOm Astborlty (PLA) has MM to eoaeetimto eaeleoed deck sklppiag operations at TUbery ever Ike aext few weeks. From Oct 1, skips will Ml) be booked tor TUbery Decks u< tke process of closing the Royal Decks fer general cargo kan*H"R
      311 words
    • 1138 20 BCHBDIHE 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 1 published at a maximum of three weeks.
      1,138 words
    • 186 20 THE major shipping consortia operating between the Far East Europe, Far East/Persian Gulf, Straits ports/ Australia, Straits/Japan and the member lines: ACE (FAB EAST/EUROPE): j Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANBO (STRAITS/AUSTRALIA): Australian National Line.
      186 words
  • Page 13 Advertisements
    • 472 13 HEUN6-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container Service To: P.Kelanf/Keelunf/Busan/lnchon Fm: Busan/H.Konf/Ban(kok Tel S pore: *****11 P.K. *****4, PH *****5 K.L. *****0 1 R1) 1\ I A MAH Orient Overseas CotduMeA Line FULLY CONTAMDNSED Jt'.V* Mai J ?MO 11/10 I 28/10 29/12 31/10 2/11 5/11 I CNMEE SI 9MHE2CO
      472 words
    • 309 13 HSEALORDU UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI PURPOSE SERVICES rpn I Loadmi i M FaM (22/11).! at (2t/U). Dmhm mabt (25/11). i (1/12) (3/12). Mm Dhabi (4/12). Bahraa (9/12). Z Ha (12/12). Kmart (15/12), Drta (11/12). V Qiboos (21/12) FULLY CONTAINERISED SERVICE -IT7T—-TT Mm Qaboos (19/10).
      309 words
    • 18 13 1 1 CONTAINER Schedules D SHIPS In Pert n LONDON Freights n/m SHIPPING Schedule VTO REGIONAL Weather VHI
      18 words
    • 249 13 <t>cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents: UNIMCIFIC TMRS ft TIAMM AttHCV PTE. 111. Tel: *****4 (5 lines) SINGAPORE G3 lin^ EXPORT FULL CONTAINER SERVICES TO:U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA, ASIAN PORTS Penan* Veaael |Btagapore '.'5 10-11/10 17-11/10 24-25/10 31-1/11 7-1/11
      249 words

  • Page 14 Advertisements
    • 866 14 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 Mm Accept* Far: 1) Barcelona. Genoa, 2) Amsterdam Antwerp. L Havre. Bilbao. Basle. UK. 3) Bremen. Bremerharen Aartivs. Copenftafen. Helsinki 4) MaMw.
      866 words
    • 239 14 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA TA** 1 Oct 11. "BARBER TENNESSEE" Oct a TOBA" to* 2, IMB nBMVTUT* Mn 5. TO: PANAMA US ATLANTIC EAST CANADA US GULF "ir •m/m m/m MAI a/n */u a/u a/n am M/M 13/11 M/M 17/11 a/1# z/ll 2/12 1/12 I
      239 words

  • Page 15 Advertisements
    • 812 15 OCI Overseas Containers Limited CONTAINERSHIP SERVICE TO UK/CONTINENT IV 24/10 21/10 13/11 05/11 11/11 13/11 20/ 2C/11 21/11 00/12 00/12 CONTAINERSHIP SERVICE FROM UK/CONTINENT Ktefl trail r«M It Km g". 2*o **0 w* 00/10 «/lt U/10 M/ 14 IS/II U3KIMM 10/10 10/10 17/ li lt/M a/M WJOMT it/10 a/10 22/14
      812 words
    • 584 15 fZB Franco Belgian Services L '■>r' i t ,i an :r f- <■, r' 4 i os' 4 8 -i. la Newt I to* ITta>| rxrai «mrp 5 It Oct 21 Oct If Oct 2 3h* 5 Mpnaa mm us »*i 2 1.5: sasr g»* 5A3 acq i| oc| It
      584 words

  • Page 16 Advertisements
    • 769 16 Hapag-Lloyd TO NORTH EUROPE Honfton( Eiprtu Hartv( Etprcsi pot e P Knang 17 10 13 10 17/10 19 10 ?6 10 ?8 10 311 Ml 11 11 13 11 Aho accepting lunsltiprntnt cargo tor CARIBBEAN WISI INDUS «ia Hamburg TO marawAitA takala Man Chtitktr 0* Hon Ctetiiar tiixk T*f HK
      769 words
    • 522 16 1 KOREA S "S P. Kelant PENANG S PORE ALTAR 167W In Port 10-12 Oct Sid FROM BUSA BANGKOK TO BUSAN ALTAR 16JE In Port 1012 Oct SM TO BUSAN VEGA 165W 30 Oct-1 Nov 2-4 Nov 27-29 Oct FROM BUSI BANGKOK VEGA 166E 30 Oct-1 Nov 2-4 Nov 27-29
      522 words
    • 543 16 T© EVERGREEN LINE r FAR EAST/EUROPE CONTAINER SERVICE ACCEPTMG FCI I ICI CARGO FOB Spat IrnMjli Hjmbui tttnlo.f ftot<tr«jin Antatrp It Hint («tf luc»» 14 10 25/10 5/11 7/11 VU U/ll 13/11 E»ti Vrtjl 23/10 14 11 10/11 1111 20/11 22/11 E«rL«M 1/11 12/11 23/U 25 11 27/11 29/U 30/11
      543 words
    • 839 16 9 Burn* Five Star Shipping Corpn. I 5 JMk "BURMESE NATIONAL LINE" I V LOADING FOR RANGOON __l MM* 15/11 Oct W*SHWGf»«mM It IS Oct MTOWYWA 27/ JO Oct *7/»Oct M/KOct BfS S C Agents Motoyvo BOUSTEAD SHIPPING TEL NOS KL *****1/*****3* C*mp*M VfMIHM Ot KiMKM" A. C.I f. "ARGENTINE
      839 words
    • 243 16 s OCEAN SHIPPING ft ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE DURE BGIB OASIS SAMT KttSUA SANROU MAM) MAY PMNCE OCEAN PME peony PAZ ESTRELLA MARUI MAMJ TAISHOMARU HOKO MAMJ P Ktianf 1-10/10 RIPORT 11-17/10 IH7/10 12-14/10 19-20/10 24-25/10 25-20/10 n-*/io 1-2/11 29-30/10 SRWPORE OCEAN SHTTM I ENTERPRISES PIE ITO
      243 words

  • Page 17 Advertisements
    • 742 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) vessel 16-17/10 19-20/11 24-25/12 Accepting LCL Cargo to Colombo ft Aqaba. 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. 525/53N 545/55N 545/55N I 565/57N FCL Closing 8/*****0
      742 words
    • 858 17 I BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE NBi(k«nf [tpmt 21/U 21/11 17/H lf/H M/1I 22/11 15/ Hm*«| (iprtu J/11 J/11 74/11 21/11 27/11 21/U 22/ •*M4" U/U 13/U 1/12 1/12 1/12 1/12" 1/ "■»hl»» 21/11 11/12 12/12 13/12 IVI2 1/ Cardcxbr 21/11 11/12 13/12 U/U 11/12 17/ PiU Htm
      858 words
    • 729 17 51 17 J.I /I I yj Scan Dutch 9 WEEKLY EXPRESS CONTAINER TO MED/UK/NC/scan SERVICE r P"* n«MM2>raaia ])trt«|4)C't«i hn fi Zj f I A 4 A, V X I I QAMJA 9/10 i err MM UMU IS/10 H OTS QAMJA 23/10 UTUM puma 30/10 I nrn I OAMM l/ll
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    • 544 17 r ilF BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/COWT (ACCEPTING CONTAINERS ONLY) SPORE R'DAArt HULL HMBG SANTA ELENA 20 Oct 15 Nov 24 Nov 19 Nov FORTHBANK 3 Nov 28 Nov 2 Dec 5 Dec CORABANK 17 Dec 11 Jon 15 Jon 18 Jon (Deep Tank Spoce Available) Lykes/o Linos
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  • Page 18 Advertisements
    • 831 18 I K LINE KAWASAKI RISEN KAISHA. LTD. express container services TO NORTH AMERICA SL. 9 "ONO VESSELS «*YAca 12/10 15/11 AsiaM»u AiiUi Abru u/i« u/io 'zxx Alatfj Mani H^lU »H M/l» 20/10 2^?"* Mkiai Mm Yailaiu Maru f»iat teedtr <nuk jho tvaiablc on request ■JXTsflTifiiSJ'! ,,ca, w Hauston G*e,t«,. W*i
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    • 576 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Lu*t tar lOS ANGELES SAN FRANCOCO St A mi. TACOMA VANCOtM*. BC Acctptaf FCt/FCI Cantawan P Support I Anptes AWSjn W Oct 75 Oct tt Nt* AUSTRALIA EXPRESS CONTAINER SERVICE Acc*tnf FCL/FCL ContMwn P Kct*n( S pore Metb Add S|d AHo attepts "BNARATOUT
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    • 573 18 3 SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINESI GENERAL *****1 (14 lINESI TERMINAL OFFICE TELEX RS ***** RS 2SS6B A B CARSMIP CABLE CARGOSMIP ltc«|i»iial Container Lilies WEEKLY CONTAINER SERVICE to/»rofn BANGKOK fARCMATM »MM TWO**!** "tIRCMITNA 87S/8M bhum m/m *Um jeefptnj FCI
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    • 705 18 KORINS MARITIME SERVICES Room 6GI ICB Building. Shenton Way Singapore Tel *****22 *****67 PKelang Tel *****4/*****5 MIDOIf EAST/RED SEA/EUROPE SERVICES Sport P Keiang KOSTAR 18 Oct BUNGA VANDA 20 Oct ANYANG No 15 20 Oct IMON BALTHORf 22 Oct loading For: Dubai/Bahrain/Kuwait Bandar Abbas/B. Khomeni Bandar Abbas/B. Khomeni Jeddah Cj
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    • 483 18 SHIPPING TIMES, Thursday, October 8,1181 INTRASEA (PTE) LTD. Suite 2616 International Pia/a Anson Ra Singapore 0207 Tel *****11 (10 Lines) BREfIKBULK SERVICE TO EUROPE/UK FULL CONTAINER WEST BOUND SERVICE YM KM NBIIS A. FDEUTY NBII7. Seaport Loadnf for: 15 Oct taddah/Ljmassoi/ITseies/ Hamburg/Rotter dam/Tlary IS No* Mdah/ITseaes/Hainbwt/ Rotterdam/Tlm*7 FULL CONTAINER EAST
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  • Page 19 Advertisements
    • 847 19 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE Oft 0' !«f ACf Comortit TO EUROPE/UK (VIA SUEZ) R Dam F'stowe H'bwj 29/10 31/10 2/11 3/11 5/11 7/11 7/11 9/11 11/11 18/11 20/11 22/11 OJ/11 V/il K. CHANCE 5N+ C. tOZE 26W S.S. BHDS m. TW BRDGE IW_. N JADE 4 N •71 y
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    • 620 19 MALDIVE LINES ETA ETA SPORE KUANTAN POUT KELANG MAIWVE PROMOTER 20/10 25/10 Loading For Hodeidah MALDIVE PROGRESS 15/10 20/10 Loading for DUBAI/BAHRAIN/ KUWAIT MALDIVE PRIZE Sailed Sailed Loading for Hodeidah MALDIVE NEIGHBOUR 18/10 Loading For leddah/Jibouti MALWVE NAVIGATOR 15/10 22/10 Loading For Mukkalla MALDIVE NATION 15/10 Loading For Karachi/Dubai/ Dammam/Kuwait
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    • 769 19 SINSOV SINGAPORE SOVIET SHAPING CO PRIVATE LTD SNSOV BULOM6 55. Market Sbeet Singapore 0104 Telephone Numbers *****3 (15 Laws) Cable Address SMSOV SINGAPORE Telei Numbers RS ***** RS ***** RS ***** P tfLANC PCNANG M/S SHAMAT MAM SOON SON. MCI. IST AND 2NO FLOOR KSSRS HI NO 1. JALAN CEMPENMG
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    • 30 19 a EXPRESS TO BMTULUI i SIM (Ml ISM) Mf I) S «T» (Ml 1S«) m M Agents: JAMBA TAN MERAH SDN. BHD. P. Kelang *****6/7 K. L. *****1/2 Penang *****8
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  • Page 20 Advertisements
    • 234 20 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG DIRECT LINER SERVICE TO EGYPT (PORT BAID ALEXANDRIA) stoe rr.*E nun nammn CMCMM WTT 1 Od 15 Nn 1 Nm4 Nwt PfMNDSHtnra Umi b.21 kiM Nw 27 mi 9 win Una dkudkmdkb DIRECT LMER SERVICE FROM EGYPT ILQMNt rrOK Mi* WW It m Od
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    • 452 20 K LINE KINKAI KAWASAKI KINKAI KISEN KAISHA, LTD.. JAPAN/STRAITS/JAPAN Fully Containerised Service Vesstl Tokyo Robe S pore Penang P Kelang S pore Tokyo Rote WTOSTW VI SM SM 10/10 12/10 13/10 15/10 27/10 20/ II Norway vn std 9/1019/10 20/10 22/10 23/10 c/ 11 4/1; K POOR *1 22/10 24/10
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    • 284 20 ft JOHORE SHIPPING '53 JAIAN TtNOKU BADAR PORT KEIANG pfl' SELANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD Express Unrtload Service from P. Keiang East Malaysia A Brwa 1.14/11 V: 15/11 t 11/11 H V: IS/S1 H t 17/11 N V: 11/11 1/«1 2/11 3/11 P. KELANG 11/10 20/10 30/10 k Part
      284 words
    • 328 20 R SAUDI e"*T LINE Regular Conventional Service (All Soudi Flog V«s*l) S SUNRtSf S. PRMCE IW EfANGEIOS D. SN PK 10/10 PK Loodra for:DUBAI. DAMUM. jedoah, ozen 27/10 DUBAI. DAMMAM. OOAM, OZEN WK Smt HUM *****4/414JN TUNU SIM son M) Tat *7375 TRANSTIMBER LINE BULK TIMBER SERVICE SaM SaM Trieste.
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    • 59 20 THE NEW STRAITS SHIPPING CO (PTE) LTD PHILIPPINES SERVICE ETA ETD Loadhf kr: SACHKO 15 Oct Chtttajong MSHMA (nport Hanita CHITTAGONG/C ALCUTT,A SERVICE NNtWOOO a Oct Cl*ttajoniCatcutti 151 stt» Floor. Realty Centre. Endor Street Sogapore 0207 Tel *****07/*****22/*****04 RSIAN GULF SERVICE «Rsa Spore «/MOd MNC GMNT 29-31 Oct ii-un^ TAI
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  • Page 20 Miscellaneous
    • 143 20 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. legend: R Thunderstorm Temperature ®C Temperature y Shower Weather Wind direction with speed in knots Rain Ky Cloudy Sky Waw Sarfae* winds are Indicated by arrows which fly with the wind ©O- full circle represents calm or light and variable
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