The Business Times, 29 October 1981

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 THURSDAY, OCTOBER 1581 60 CENTS
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  • 473 1  -  By LILLIAN CHEW FOUR more British law firms have set up shop in Singapore. They are Sinclair, Roche Temperley; McKenna Co; Wilde Sapte; and Clifford Turner. Unlike Freshfields, the first English and only foreign law firm possessing an on-shore licence, all four are
    473 words
  • 90 1 AFP A BILL on procedures for company mergers and takeovers is expected to be tabled in the Malaysian Parliament soon. Deputy Finance Minister Datuk Najib Tun Abdul Razak said yesterday that the Malaysian government would set up a panel to enforce these procedures. Datuk Najib said his
    AFP  -  90 words
  • 657 1  -  By OUR REPORTER AMERICAN investment in Singapore will be up significantly next year, according to figures just released by the Economic Development Board. However, American businessmen in Singapore contacted by Business Times say they do not plan many major projects. This suggests that most
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  • 439 1  -  By AGNES WEE CONTRACTORS thinking of turning to South Korea to recruit construction workers must be prepared to pay a high price. Apart from the high wages, which may be double that of the local construction worker, contractors will have to dig deep into
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  • 307 1 MR GOH Chok Tong laid a tempting bait yesterday for the parties opposed to the PAP. •He basically invited them to say that they wished to form an alternative government and then castigated them for not saying earlier that this was what they
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  • BRIEFLY...
    • 62 1 AFP WARSAW, Wed. Solidarity Independent Union Federation's onehour national strike ended as scheduled at Ipm local time (1200 GMT), with factory sirens wailing to announce the return to work. In Warsaw, buses and trams which had stopped in the tracks at the start of the strike resumed their
      AFP  -  62 words
    • 83 1 AFP KUALA LUMPUR, Wed. Natural gas reserves off Trengganu state in the east coast of Malaysia have been estimated at more than 0.4 trillion cubic metres which can be exploited over a period of up to 60 years. Deputy State Secretary (Development) Mr Mazlan Hashim said today this
      AFP  -  83 words
    • 77 1 Reuter STOCKHOLM, Wed. A Soviet submarine has been found stranded and leaking oil near the Swedish naval base at Karlskrona. The craft was identified as a conventional submarine of the "Whisky" class which does not carry nuclear weapons. The vessel was found in a channel of the Karlskrona
      Reuter  -  77 words
    • 80 1 KL KUALA LUMPUR, Wed. An MAS team is currently London for talks with British Airways officials on MAS' plans to introduce 8747 services to the British capital next year. The team would impress upon the British that there is sufficient passenger Capacity on the sector for MAS to
      KL  -  80 words
    • 59 1 UPI MANILA, Wed. Taroichi Yoshida, outgoing president of the Asian Development Bank, said today that the bank intends to increase its lending operations in the agricultural sector by 20 per cent. Mr Yoshida said agriculture has absorbed the largest share at nearly 30 per cent of bank lending
      UPI  -  59 words
    • 70 1 AFP TOKYO, Wed. Suzuki Motor Co, a leading motorcycle and mini-car maker in Japan, has produced a prototype "super mini car" with an engine displacement of 50-cc. A Suzuki spokesman said that the "Suzuki community vehicle CV--1," measuring 1.9 meters in length, 1.18 meters in width and
      AFP  -  70 words
    • 59 1 AP MANILA, Wed. President Ferdinand Marcos came home from the Cancun Economic Summit today and said the Philippines would like to share its surplus of food with the rest of the world. "Our people are not dying of starvation," he said. "I think it's about time we
      AP  -  59 words
  • 410 1  -  By ALVIN TAY FIRST Pennsylvania Bank, the largest bank in Philadelphia and the 23rd largest in the United States, will close its 10-year-old Singapore representative office on Saturday. It will be the second representative office of a US bank to close shop
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  • 405 1 THE KEY issues that will be discussed in the coming talks between Dr Tony Tan and the construction industry will include government policies and their effects on the property market, as well as outstanding problems in the industry and prospects for introducing innovative methods of construction. Dr
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  • Page 1 Advertisements
    • 212 1 BOOKS FOR zmvrw Tiffiesß Bookshops Leader page S amre MALAYAN United Industries reaches amicable settlement with Glen Holdings Page 12 IT LOOKS like Hobson's choice for Ho Kok Cheong in the Leong Huat affair.... Page 12 WHERE Dunlop Holdings has gone astray Page 12 CORNERSTONE of Pernas-Sime Darby's corporate strategy
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    • 82 1 *r s i ;L' i > 001 L Rislorante Mario atthe\drk Hotel thinks highly of aDinereQub member The sheer Italian culinary expertise of Chef Sergio Bizzozcro. Savour it in appetisers like Proseiutto E Melone. Hntrees like ()ssobuco Alia reniolata and Scaloppine A 1 Marsala. And desserts like Xabaglione A 1
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    • 202 1 The Singapore's Straits Business Times World DIRECTORY at your of Fingertips Singapore (Buku Merah) Guide to MUSICAL Appreciation ftp/ 1 kS&L 111 *Mr Of Man m mtk Wi H s. -V «SCS s?* ORCHESTRA Andre Previn sets out in this book to reveal the players on the platform, those anonymous
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  • BANKING AND FINANCE
    • 482 2 THE US dollar opened easier against major currencies on the local market yesterday. It weakened further against local currency and the yen, but closed steady against sterling and mark. The US dollar opened at 2.1010/40 against local currency against Tuesday's close of 2.1040/50. It rose to 2.1030/40 but
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    • 137 2 THE US dollar for overnight delivery in Tokyo yesterday closed slightly higher at 235.06 yen compared with a 234.70 opening In Tokyo and a 234.40/60 close in New York and on the US West Coast overnight. But it was weaker than the 235.85 finish in Tokyo on Tuesday. Trading
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    • 22 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 15.23 per cent.
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    • 178 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on Oct 28. 7 days 1 month 2 months 3 months 6 months 9 months 12 months 1 month 3 months 6 months 12 months 1 month 3 months 6 months 12 months US/£ US/Sw Franc US/Dm US/Belg US/Ouflder US/FFr
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    • 47 2 RANGE of prices offered by discount houses on Oct 28: Overnight: to T% Call deposits to T% Ctosfag Bayisf SeUiag 3-month Treasury bills 0 9/16 S 7/16 3-month Bank bills 13H 13% 3 months CD 12% 12H 6 months CD 13% 13 Source: National Discount Co
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    • 43 2 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $140 million 91-day Treasury bills to be issued from Nov 2 to Nov 6. Each tender must not be for less than 1250,000.
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    • 229 2 SINGAPORE gold futures yesterday closed generally firmer compared with overnight levels in quiet trading. Prices were marked up between US$3.5O to $5 an ounce at the outset following the metal's strength in New York on Tuesday night and its rise in Hongkong yesterday morning and thereafter the market fluctuated
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    • 34 2 New York 9Q8B 8.888 9.28S 9.OSS Zurich 8 96B 8.92B 9.16S 9.12S Singapore 9 00B 8.85B 9 306 9 06S Closing price* la US dollars a troy ounce. Source: Credit Suisse, S'pore.
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    • 112 2 THE US dollar in Hongkong yesterday eased against most major currencies, mainly discouraged by a strengthening Hongkong dollar, dealers said. Sterling edged up to $1.8170/80 from an early 1.8160/75, while both the mark and Swiss franc rose against the US unit to 2.2965/95 and 1.8990/9010 respectively from 2.3010/20 and
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    • 138 2 CURRENCY markets in London yesterday opened quietly with the dollar showing a slightly easier trend, dealers said. The dollar opened at 2.2980/90 marks compared with a late Hongkong 2.2985/ 95, a New York close of 2.3006/25 and a close in London on Tuesday of 2.3045/60. The dollar continued to
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    • 626 2  -  EQUAL REPRESENTATION SOUGHT By SIOW LI SEN,ALVIN TAY MOST of the offshore banks here have agreed to pay the four-fold increase in their membership fees proposed by the Association of Banks in Singapore (ABS). They will, however, continue to press for equal representation on the ABS
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    • 250 2 COMMONWEALTH Trading Bank (CTB) of Australia, one of the largest banks in Australia and part of the Commonwealth Banking Corporation Group, yesterday opened its Singapore representative office. The office will arrange introductions for the promotion of trade and business between Asean and Australia as well as
      250 words
    • 511 2 NYT THE US Treasury's heavy borrowing needs have been a key ingredient in the behaviour of the credit markets all year and may have even a larger impact now since the government was expected yesterday to announce its financing plans for the rest of the year. At a
      NYT  -  511 words
    • 129 2 TO6HIO KOMOTO, director general of the Jipwtit Economic Planning Agency (EPA), Uid Parliament Japan shoaM «tody proposals for a return to Ike gold standard and prepare for the oateome of a debate by aa official US commission oa the Issae. Mr Komoto said he expects the
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    • 116 2 CREDIT Lyonnais, which ranks fifth in the world, is planning to give financial support to Chinese corporations and to take part in industrial joint enterprises. The bank, which opened a representation office in Beijing on Tuesday, said in a statement that cooperation between Credit Lyonnais and the
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    • 24 2 BANQUE de L'lndochine et de Suez will lower its prime lending rate by half a percentage point to 15.25 per cent today.
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    • 43 2 FRENCH banks have granted Mexico credit totalling some US$4lO million under a new bilateral agreement, the Mexican Finance Ministry said. Detailing the loans, a French Embassy spokesman said the line of credit is mainly for small and medium sized Mexican Arms.
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  • Page 2 Advertisements
    • 50 2 Congratulations and Best Wishes to Allianz Insurance (Singapore) PteLtd on the occasion of their inauguration Wfe are pleased to be appointed their Managing and Underwriting Agent UNITED OVERSEAS INSURANCE LTD Ist 2nd Floors United Overseas Finance Bldg 124/126 Robinson Road Singapore 0106 Telephone: *****33 Cable TYE HUAINS TELEX NO RS2SO94INSURAN
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    • 168 2 HONGKONG BANK ORDERS NEW COMPUTER THE HONGKONG AND SHANGHAI BANKING CORPORATION HAS PLACED AN ORDER WITH NATIONAL ADVANCED SYSTEMS FOR THE INSTALLATION OF A NEW COMPUTER, THE AS9OOON, IN HONGKONG NEXT YEAR. THE AS9OOON, RATED AT 6-7 MIPS (MILLION INSTRUCTIONS PER SECOND), WILL BE THE MOST POWERFUL UNIPROCESSOR INSTALLED IN
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  • TRADE AND INDUSTRY
    • 309 3 COMPANIES planning to set up quality control circles or those with these groups will get a helping hand when the National Productivity Board (NPB) sets up a new registration centre. Any company in the service or manufacturing sector can register with the
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    • 165 3 A 51 million diamond wristwatch for ladies was bought by a local watch company yesterday 15 minutes after it was presented publicly for the first time here. "Kalla," the 30-carat watch created by Vacheron Constantin, was bought by Eastern Watch Company. Mr Choi Hon Ching, its managing director,
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    • 534 3  -  By WANG LOOK KEAH STUDIES on Singapore's future transportation system conducted by foreign consultants are inadequate. Inappropriate quantitative techniques and planning methodologies were used; the options considered were incomplete. These are the major criticisms by Professor Scott C Iverson of studies conducted by the two opposing
      534 words
    • 455 3 THE STRATEGIC location of Singapore influenced Allied Food Industries to build the world's largest cocoa processing plant here. Speaking at the foundation stone laying ceremony of Allied Cocoa Industries yesterday, the company's president, Mr John Chuang, said: "Although Singapore does not grow cocoa, it
      455 words
    • 792 3  -  By RICHARD SEAH HIGH technology, skilled manpower, government incentives and Singapore's supportive infrastructure (excellent communications network, shipping and finance) these have become "standard" incentives for new companies investing in Singapore Repco, an Australian automotive components manufacturer, built a $23 million factory here for the
      792 words
  • Page 3 Advertisements
    • 36 3 r Asia'sl News Magazine. 1 m TA 1 Ir* H h d th fIL u Jt «i nwml immJ KH 1 in circulation 1 in ad revenue 1 in coverage of executives More goes into it.
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    • 351 3 TT ipMP; MMJ/.i ifcl Pretty dim orpn >n<> Come to think of it, a secretary's life can be a pretty joyless one sometimes. She's expected to type at the speed of a Concorde, and without error. Keep a filing system that would do a computer proud. Make perfect sense of
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  • OVERSEAS
    • 510 4 SEVERAL banks in Malaysia have expressed doubts whether they will gain much from the new budget provision allowing them to lend and syndicate loans in foreign currency to Malaysian residents. Bankers welcomed the dispensation but did not think many Malaysian investors could actually take advantage
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    • 135 4 Reuter THE UNITED States has reached a tentative agreement with its European trading partners which allows it to continue a system of tax deferrals on exports. The EEC, France, Belgium and the Netherlands had charged that the Domestic International Sales Corp (DISC) export system used
      Reuter  -  135 words
    • 399 4 AP US TRADE Representative William Brock has made a plea to help the poor countries of the world by keeping American markets open to them. He told the House of Representatives Subcommittee on Trade that during the *****, the poor countries bought about
      AP  -  399 words
    • 275 4 Reuter LEADING Japanese businessmen will urge the government to liberalise Imparts in response to severe EEC criticism of Japan's booming trade surplus. A spokesman for the Federation «I Economic Organisations (Keldaaren) said that they wonld call for the removal of non-tariff harriers,
      Reuter  -  275 words
    • 619 4 AP, Reuter THE US government has announced that it will change its most closely watched inflation measure, the Consumer Price Index (CPI), to remove the volatile effects of house prices and mortgage rates. The result is expected to be a lower inflation rate and smaller cost-of-living
      AP,; Reuter  -  619 words
    • 333 4 Reuter OPEC oil ministers gathering in Geneva appear broadly agreed on a new unified oil price of US$34 a barrel although there may be hard bargaining over a ceiling for top, petrol-rich crudes. Opec sources said a really good chance exists of accord on a new
      Reuter  -  333 words
    • 267 4 AFP A BATTLE is looming among Hongkong's four stock exchanges as power blocs are being formed to contest seats on the first ever committee of the Unified Stock Exchange of Hongkong in an election to be held tomorrow. A total of 54 candidates
      AFP  -  267 words
    • WORLD IN BRIEF
      • 394 4 Agencies THE UNITED States has blocked a World Food Programme (WFP) US$5 million rice irrigation project for Vietnam. It was the first time that an aid project proposed by the Secretariat of the United Nations WFP was rejectej. A majority of countries backed the scheme but the
        Agencies  -  394 words
    • 357 4 UPI CHINA used its veto in the Security Council on Tuesday to block the renomination of incumbent Dr Kurt Waldheim for the post of UN Secretary-General. Diplomatic sources said that despite the veto, Mr Waldheim's bid for an unprecedented third, five-year term picked
      UPI  -  357 words
    • 267 4 Reuter EXPORT contracts concluded by 13 major Japanese trading houses rose 79.4 per cent in September to 2.53 trillion yen from 1.41 trillion in August. This is an increase of 8.1 per cent from 2.34 trillion a year earlier, the Japan Foreign Trade Council said.
      Reuter  -  267 words
    • 782 4 ARRIVALS Service Local Operator Number Tiafe From PAA PA006 0115 NYC/SFO HKG PX PX5176 0115 BEY BAH MAS MH601 0630 KUL SIA SQ41 0710 MAA PIA PK772 0730 KHI CMB KUL FT FT9047 0600 AKL SYD DRW KUL SIA SQ101 0815 KUL MAS MH811 0815 PEN MAS
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    • 411 5 UPI THE EXPLOSIVE growth of Asia's cities poses a "serious threat" to the region's national economies, three Japanese experts said yesterday. "There has been a massive transfer of population from rural areas to urban centres and as a consequence, most of the cities
      UPI  -  411 words
    • 192 5 Reuter STEEL users from the European Economic Community have complained to the EEC Commission of too frequent and too high price increases introduced to return the crisis-ridden steel industry to financial health. The liaison group for the European engineering industries, Orgalime, said that prices
      Reuter  -  192 words
    • 482 5 Reuter JAPAN'S trade imbalance with the rest of the world shows no signs of abating. The Finance Ministry reported yesterday the selling of US$l2.2 billion more worth of goods abroad in the first half of the financial year than it imported. The ministry said
      Reuter  -  482 words
    • 129 5 AFP FRANCE'S Socialist Government decreed yesterday that French groups being nationalised must seek government consent If they want to hive off their foreign subsidiaries. The Finance Ministry said the ruling applied to "the ceding or exchange" of assets in the foreign subsidiaries held by
      AFP  -  129 words
    • 235 5 AFP JAPAN'S production of home videotape recorders (VTRs) continued to soar in September, totalling 969,000 units, 2.2 times the yearbefore level. Exports of VTRs jumped 2.3 times to 783,000 units, compared with total shipments of 960,000 units, up 117.1 per cent, according
      AFP  -  235 words
    • 230 5 Reuter PRESIDENT Reagan's first major foreign policy confrontation with Congress could depend on just one vote, when the Senate meets to decide the fate of his proposed sale of advanced radar planes to Saudi Arabia. California Democrat Alan Cranston, who has coordinated
      Reuter  -  230 words
    • 581 5 Reuter, AFP EFFORTS to draw up a common European Economic Community (EEC) negotiating position for a new international textile trade pact ended in complete failure in Luxembourg on Tuesday. An EEC Commission spokesman said the EEC foreign ministers agreed to hold an emergency
      Reuter,; AFP  -  581 words
    • 511 5 Reuter, AFP LIBYAN leader Colonel Muammar Gaddafi said in an interview published yesterday in Hamburg that Egyptian President Hosni Mubarak would suffer the same fate as assassinated President Anwar Sadat. Colonel Gaddafi also told the West German weekly Stern that he would destroy any US advanced warning
      Reuter,; AFP  -  511 words
  • Page 4 Advertisements
    • 123 4 NOW! Skypak will get your urgent documents to the Middle East. Skypak-Couriers to the world-operate a jet-speed service to six destinations in Saudi Arabia alone. Desk-to-desk, without local problems. We also offer equally efficient daily services to 10 other Middle East destinations, plus all other major centres throughout the world.
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  • Page 5 Advertisements
    • 233 5 First' In business today, the first impressions can often make a vital difference. Successful companies are aware of this important point. They select only the best quality paperfor their stationery to ensure a good and favourable impression of their companies. For almost a century, Conqueror has been helping companies all
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  • 396 6 IF THE saying that "two heads are better than one" is anything to go by, then Singapore's mass rapid transit system should have got off the ground, considering the number of foreign consultants appointed to advise on the matter. —No expense has been spared
    396 words
  • 299 6 «p- SINGAPORE'S open-door policy is well-known. The nation's leaders make no bones about <» depending on foreign expertise to help the I Republic sail into the 1980s. We are pragmatic enough to realise that false pride or. nationalis- i tic tendencies have no place in
    299 words
  • 1752 6  - HOME, SWEET BANK "It is highly likely that the delivery of consumer services will be by electronic on-line interactive networks such as home terminals and automatic teller terminals. "The only way to serve the mass of consumers economically is through the provision of cash, loans and savings facilities by electronics
    FT.  -  1,752 words
  • 698 6  -  By CHRISTOPHER PRITCHETT Reuter. BRITISH investors are taking a new Interest in old Chinese bonds, with hopes that the communist government in Beijing may consider paying off debts going back to 1898. Prices for the bonds have risen in recent days on the London Stock Exchange, and
    Reuter.  -  698 words
  • Page 6 Miscellaneous
    • 637 6 I -IR-OIE CROSSWORD CRYPTIC PUZZLE ACROSS A piano one is not necessariy soft (5) 6 The meat takes new form m (5) 41 Wander with me and a monarch (7) Where a wing broke (5) U Is such an anaesthetic alcoholic? (5) Canned goat? (5) Noel's upset at leaving this
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    • 836 6 Disaster strikes Miss Piggf THE LATE Paal Gallic* WM the lasptrattoa behlad Uilght's sdeaee-flettaa mevle Tharedey Ftmtmre Special: A Fire la The Sky (eh i, 11. 1#). Jerry iimwM itreeM the fearfal Amvery sf a cemet beadlag towards Earth. The eamet eraahes aear PhMta, Arteaaa awl part af the plat
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  • 1315 7  -  By EDWARD GARGAN NYT. MANY American companies that do business in the Middle East are complying with an Arab economic boycott of Israel even though a federal law specifically forbids it. Commerce Department figures Show that last year American companies acceded to more than 60 per
    NYT.  -  1,315 words
  • 875 7  -  British Airways does not favour the development of a third international airport in London. It proposes, instead, that another terminal be built at Heathrow Airport. WANG LOOK KEAH, who recently met BA's executives in London, explains the airline's rationale. WANG LOOK KEAH, AS HEATHROW
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  • 691 7  -  By MICHAEL DECOURCY HINDS NYT. ALARMED by the swelling tide of consumer bankruptcies, the credit industry in the US is lobbying heavily for Congress to repeal most of the liberalised bankruptcy laws passed three years ago. Consumer advocates, equally alarmed by the prospect
    NYT.  -  691 words
  • 700 7  -  FORUM, > ...with James Reston NYT IT'S NOT too hard to get a tip here on why Japan is getting on in the economic world. All you have to do is watch somebody fix a car or mop a floor. They pay attention to every detail, as if
    NYT  -  700 words
  • Page 7 Advertisements
    • 51 7 fc^ra Dining at the Rallies Enjoyable, unobtrusive, romantic For business or for pleasure PALM COURT Dine by candlelight in a charming garden setting ELIZABETHAN GRILL Fresh SEAFOOD specialities Succulent ROASTS from the SILVERWAGON Luncheon buffet on: SUNDAYS: TIFFIN CURRY THURSDAYS: RIJSTTAFEL Let's meet at the Raffles! PIMM call us. Tel:
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    • 128 7 i;MARAZZI CERAMICHE *-rmm <■' A bigger slice., .by IBP ■G L Now IBP presents the new era of "Big Tiles", the Mara/zi 60 cm x 60 cm Atomar series. Bold yet practical with no cavities, the tiles are easy to clean and capable of withstanding the most demanding environments. With
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 268 8 OCT 27 FT* CORBEILLE Alr-Uqulde 450 -10 B S N Oervats Danone 1086 unch C 8 F (ThomsonC»l) 200 Cle Francalie de* Petroles 113-20 -1.7 Compagnle Ftnanclere Compagnte Oenerale 286 80 -3.7 Credit Foncler De France 306 unch Hachette (Llbralrte) 302 10 Machine* Bull 36 .50 -0.15 Mlchelln (B)
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      • 226 8 OCT 27 Dm 4/-Aef-Telefunken 44.30 -08 Akao 1870 -0.1 Alii Leben 1290 00 -10 Allx Vera ***** 43 BASF ***** 41 Bay H T Wbank 138 00 unch Bay Vbank 280 00 4 1 Bayer 117 JO -0-3 BBC ***** 433 BMW 178-50 44 Caaaella 235 00 unch Chem
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      • 184 8 oct n Francs Actions SuUaei Alusulsse Br. Alusulsse Reg Brown Bo»ert Br 234 715 306 1125 J -10 -1# 5 Clba Of ley Br. Clba Ofl|j PC Ctba G«Hy Rm Credit Suisse Br Credit Suisse Res 1085 aao 485 1880 350 25 10 -10 unch Elektrowatt Br George Fischer
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      • 92 8 oct n F"r» forward market Arer Arbed Aitur m 1000 am -S -4 2 Brajcvi Bru-L&mb C&np&c Cock D* Bffn aao 10M 1173 IS tab 4 -28 -1 Ebtn Electro be 1 Ob-Inno-Bm 2M0 1106 -4 -30 -5 Oe» Hobok Pttro Ryl Dutch 1400 2320 4000 1354 unch 20
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      • 169 8 OCT 27 Fls A BN 283 00 13 Ahold 82.00 AJtso 20 90 AMEV 80 80 Amfu 83-20 0.2 Amrobnk 51.50 unch Bergots Berk 23.00 02 BoU .4ft _0_3 BorsumiJ 10X50 Burtunann 43.30 -0.5 Caland am .1 Calve Delft 183.00 •14 Dell Ml} 90 00 -0.5 Ennla 121.00 Fokker
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      • 97 8 OCT 27 Lire ♦A Ante SUSD Assoc Oen *****0 3500 B&ftofl 340 -20 Centrmle 5650 80 rut 1540 20 Flruider 38 -2 Oen Immob 1636 80 IFI Prt 3110 50 Italcementi ***** 1200 Ilaif&j 815 -2 Ilslsider SUSP U*cneU M PI m -3 Msrelll Ere susp Med lob *****5
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    • 193 8 OCT 27 Ct ADItlM Alcan Alfom* Bank Mont Bank Nova Scotia Bell Tel BetD Corp BP Can Ltd Braacan Camp Red Lake Can Imp Bk Canpac Canpac In» Pf Carlln« OKeete Comtnco Con* Bain Corn Marbenor Dankoe Deniaon 30 «W 25*. »>. 17*. H M* M* »W »v> XW
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    • 299 8 oct n Rand INDUSTRIALS A Alpha sao urvch Abercom AE And CI OS no unch -10 AiilC aoo unch Barlows Cf Sucar 1060 WO -5 unch CM* ISO Currte finance De Bm Ind Edcon Edtara 156 HZ rise -10 E>eready Fed Volk HZ sro ■Mk rufit Oardlan O tenant
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  • Page 8 Advertisements
    • 246 8 "The American Express Card serves you well, wherever good food is served". Where to wine Get away to Sentosa with family and blends 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
      246 words
    • 145 8 t--55 m übertusf •nil For lunch. For dinner. For a richly rewording experience. jjusinessmei) s Lunch Sh>ndmti> hriday Sl') :>() -t 10 serrice barge cess lacane se R;i.>hilfc' Saturday <V Sun da r $1 >() 10 I service ch.arqe .Ti rtvs.s C I 'nrk Sli(M'iiloii>Siii^ii|H»n Nas-oirr, Hi.i Singapore 1025 If.
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    • 230 8 See Page 9 for NYSE prices and Page 1t for Asian stocks TIYK (omi\i:M;S K I SI I K S I Before you fly away to foreign lands, check-in your bags then seek out rhe Five Continents Restaurant. Relax in intimate surroundings and wine and dine on the most superh
      230 words
    • 153 8 When you dine, dine Cantonese. If pleasing your palate is achieved only by eating the best, then dine Cantonese at The Inn of Happiness for the best Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton. So come. The stage is set for an evening to remember.
      153 words
    • 220 8 as good as going to Bangkok. V i« This is Thai Seafood at its authentic best So fresh, it could have been alive 15 minutes before coming to your table ft was An enormous variety of succulent seafoods expertly prepared by Thai chefs in our kitchen Siamese Seafood Restaurant a
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  • RAW MATERIALS
    • 778 9 COFFEE: Robusta futures yesterday ended the morning virtually unchanged from the opening call, £2 to £8 higher on Tuesday night's close dealers said. Turnover totalled 1,102 lots including 93 crossed trades. Dealers said trading was thin and featureless with no news to affect values. A report on Tuesday
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    • 871 9 OCT 27 ACT Induatrtea A 3d reaaograp b U8» 4* -1* Insllco Cp 16* InU Bust Mach 50* Intl Hamster 6 InU Paper Co M* 4* 4* 4* AJcaa Alum in Allegheny Lad AIBM Chem Cp Allied SUms Aide-Chalmers I 21 32* 44* XT* 15* 4* 41*
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    • 84 9 THE STRAITS till price in Penang yesterday held steady at a kilo, still within the ITC upper sector range of $34.18 and $37.81, dealers said. Despite the lower disposal of metal and easier overnight London advices, the market held unchanged on further influential buyers support and scattered interest
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    • 32 9 Rubber: Oct 28 Singapore: Nov: 186.50 cents (down 3.00 cents) Malaysia: Nov: 226.00 cents (down 2.50 cents) Tin: M 535.56 per kilo (unchanged) Official offering: 187 tonnes (down 83 tonnes)
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    • 92 9 JAPAN'S imports of primary aluminium rose a sharp 61.8 per cent to a monthly record of 109,000 tonnes in September from the previous month, the Japan Aluminium Federation reported. This brought cumulative imports in the first half (April to September) of fiscal 1961 to 545,000 tonnes,
      92 words
    • 176 9 CHINESE Pwitt Eukuge, Smpwt, MM cMag prices per 1M kg yeiMty. CMMit ell: Bulk fob *110.00 sellers, old drum (in second hand drum) fob $122.00 sellers, new drum fob 1126.00 sellers. Cepra: Mixed (loose) $57 buyers. Pepper: Muntok white pepper fob Asta NLW $380.00 sellers, Sarawak white pepper
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    • 193 9 YARN and cotton prices were quoted as follows In Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattea yara: China Blue Phoenix 20s 2,465; 32s 2,990, 40s 3,140 (per bale of 400 lbs). Piece guis: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • 323 9 SINGAPORE: Yesterday's closing prices in S$ 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
      323 words
    • 228 9 RUBBER prices in Singapore yesterday closed slightly easier with November One RSS buyers quoted at 186 50 cents per kilo, down three cents from Tuesday's close, dealers said. Morning prices were marked down about 2.50 cents on some selling interest after an unchanged opening, they said. Afternoon prices lost
      228 words
    • 387 9 RAS prices In cents per kilo yesterday: Mnf noon (per Idlo) Buyers Sellers bit 1 R.S.S prompt (.o.b. 183 50 184 SON bit. 1 R.S.S November 167.00 188 00 Int. 1 R.S.S December U0 00 200 00 Int. 2 R.S.S 158.00 138 00N UK/Cont 157 00 158 00N
      387 words
    • 111 9 NOON SSR and SMR pncn ymu rdayRA8 SSR 20 SSR SO MRELB (1-ton pallat) (l ion pallat) N« Noraakar (Carraat Mtkl Bayara SaUara ***** 162. SON 156 50 160 SON >vaab«r D Daeaabar (Forward Mtfc) Bayara Sallara 162.50 164 SON 160 50 162.S0N SMR CV SMR L
      111 words
    • 192 9 WHEAT futures in Chicago on Tuesday closed unchanged to up IV* US cents a bushel in quiet trade. Prices rose from the start on aggressive purchasing by a brokerage house, believed to be shortcovering. It bought 4.0 million bushels of December on the day and 2.5 million March. However,
      192 words
    • 232 9 SOYBEAN futures in Chicago on Tuesday closed on bottom of a 6V« US cent range, down IV* cent a bushel in nearbys to up 14 cent in deferreds. Late scattered commercial pre-hedge pressure in otherwise thin dealings dropped nearby positions for losses. Values initially advanced on local and wire
      232 words
    • 134 9 THE Kuala Lumpur market yesterday closed steady on further light buying in quiet trading. In November central rose M 52.50 to $942.50 per tonne while north and south remained at $950 and $940 respectively. January saw the central region traded at $940. The refined market was featureless despite
      134 words
    • 418 9 UPI US AGRICULTURAL officials, their silos bursting at home, pushed the sale of wheat and other grains to India on Monday as Asia becomes the biggest world market for American primary producers. US Under-Secretary of Agriculture Seeley Lodwick met with the Indian minister of agriculture,
      UPI  -  418 words
    • 302 9 THE production of crude palm oil (CPO) in Malayssia exceeded 300,000 tonnes a month for the first time last month. Last month's CPO output of 308,200 tonnes exceeded the previous month's production by 13.4 per cent. It also exceeded the September 1980 peak
      302 words
    • 305 9 Reuter FOREIGN ministers of the EEC agreed on Tuesday that the EEC commission should open talks with the world's sugar producers on joining an international agreement to regulate prices. EEC officials said. The EEC is a major producer but is not a member
      Reuter  -  305 words
    • 272 9 AP BELGIUM and Thailand signed a joint venture agreement to set up a US$l3O million electrolytic zinc smelting plant in Northern Thailand, an official of Thailand's Finance Ministry said wi Tuesday. Finance Minister Sommai Hoontrakul and Belgian ambassador Pierre Brancurt signed the agreement at the ministry.
      AP  -  272 words
    • 263 9 Reuter THE Malaysian, American and Japanese governments have told the International Natural Rubber Organisation (Inro) they will pay contributions totalling about MJ7O million to Us buffer stock fund by the end of the week, an Inro spokesman said. Inro's market indicator price on Monday
      Reuter  -  263 words
  • Page 9 Advertisements
    • 35 9 ii Ggfmiff restaurant Delicacies from the Hunan province We present: Tuesday Night Fashion Show 8 00 p m models Arts No Extra Charge Free 1982 Calendars Oocflcl 2l4Dunearn Road Singapore 1129 Tel: *****48,*****22 73 —J
      35 words
    • 33 9 Parkway Properties Pte Ltd Parkway Land Pie Ltd have found a new site to nest. Effective t8.10.8l we will be at Lot 5014 Marine Parade Road 1544. Telephone *****11(10 lines) Telex R*****4 PYPROP
      33 words

  • 1348 10 BID and offer prices officially listed and business in and reported to the Stock Exchange ot Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Acma (2.506)
    1,348 words
  • 197 10 SINGAPORE UNFT TRUST (M—jm* priess hrOetS) The Commerce 2 .79 2 83 The Savins* Fund I S 1.71 S pore Prog Fund 1.22 1 28xd S pore Sec Fund 1.17 1.98 S pore Invest Fund 0 96 1.00 S pore Equity Fund 1.22 1.28 OUMOND MOT STORE (Managers'
    197 words
  • 2856 10 Gr's Gr'g Net 1981 Last Div Div Y'ld P/E Vol Dav High Low Company Sale or- C'vr COOOI High i Low SECTION ONE INDUSTRIAL COMMERCIAL 494 248 Acuta 248xd -2 14.5 3.2 5.8 8.8 1 248 248 US 115 Alcom 115 4.8 2.0 4.1 19.8 350 130
    2,856 words
  • 1412 10 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. MHOTBIALB Alee* (1.308 I MS) (I) 1.22 (S) 1 JO iri A
    1,412 words
  • 259 10 AUSTRAL -nntrt Tl» BerM: Forty-second AGM to be held at Wisma Bunga Ray a, 152, Jaian Ampang, Kuala Lumpur on Oct 30 at 2.30 pm. BATH Liataag Bahher Ce Berhad: Fifty-Eighth AGM to be held at La dang Pinji, Lahat, Perak on Oct 31 at 11 am. GLENEALY
    259 words
  • 781 10 EXCEPT far a few selected eannters there was again aat mac* exdtemeat at the Stack Exehaage sI Slagapare yesterday. Like the past several weeks, tradlag eaattaaed to be generally dall aeeampaaled by law vatame. At the apealag bell, mmt share prices were slightly better thaa
    781 words
  • 586 10 TRADING was again slow on the Kuala Lumpur stock market yesterday as prices changed little from their previous levels. It was characteristic of the market's conditions of late with operators still avoiding new commitments. Some were perhaps still in a holiday mood and were looking forward to
    586 words

  • COMPANY NEWS
    • 561 11 Carreat Bx Baaka Date Tetel far Tatal far Paymeat Date Qaac Payable UK year Prevtaaa year Aema 10%<h) Oct 13 Oct 20 Nov 20 10%TE 14.5%(a) Allied Cher 7% NY A NY A NY A 7% 4%TE Ayer ffltam Rab ao%(b) Nov 5 Nov 17 Nov 23 20%
      561 words
    • 195 11 Company Particulars Ex Date Books Close Plltee flWMMI Mu HMgs Bonus issue of 1 (or 10 NY A NYA Bonus issue of 1 (or 1 Proposed rights issue of 2 for 1 Oct 29 Nov 10 $1.00 per share NY A NYA MCI Proposed bonus issue of 2
      195 words
    • 398 11 GENERAL Ceramics has disclosed the basis for valuating its shares at Ms 3 each for the purpose of the share swap for its recently announced acquisition of four property development and related companies. The company also gave the criteria in arriving at the values for the
      398 words
    • 198 11 KE8ANG Holdings BM has informed the KLSE of its change in office address to 5th floor Wisma MCA, 163 Jalan Ampang, KL 04-07, with effect from Oct 31. The company's share registrars and transfer office remains unchanged. PUBLIC Textile BM has informed the KLSE that at its EGM
      198 words
    • 177 11 FGNTA Kelias Tin Dredging suffered a steep fall in pretax profit to MJ192.000 in the first six months ended Sep 30, 1981, against 1750.000 previously. In its interim report, Kinta Kelias attributed the steep profit fall mainly to higher depreciation charges, increased power
      177 words
    • 653 11  -  By LOW YEE LIAM THE motor business has been rated an important "cornerstone" of PeraasSime Darby (PSD)'s corporate strategy in the long term. According to PSD group managing director, Mr Halim Dahlan, the acquisition of the Land Rover franchise slotted into this strategy. PSD
      653 words
    • 453 11 BANK Pembangunan Malaysia Bhd (BPMB) has extended a total of 307 term loans totalling M 5119.5 million over a seven-year period ending 1980. The bank's deputy chairman, Haji Salim bin Tan Sri Datuk Osman, said more than 75 per cent of the loans were for
      453 words
    • In Hongkong...
      • 18 11 said the Hongkong Stock Exchange Ltd has granted a listing of its shares from yesterday.
        18 words
      • 187 11 Reuter has announced a group audited consolidated net profit of HKH20.17 million ($61.16 million previously) for the year ended June 30. Earnings per share, including extraordinary items, were 34 cents (17 cents adjusted for 1980's one-for-10 bonus issue). The final dividend is 7 cents a share
        Reuter  -  187 words
  • ASIAN STOCKS
    • 453 11 SHARE prices in Tokyo yesterday gained ground with market sentiment enlivened by a decline in the outstanding balance of margin buying and the overnight recovery on Wall Street The market average rose 41.40 points to 7,321.96 in a moderate trading volume of 430 million shares. The Tokyo
      453 words
    • 255 11 HONGKONG STOCKS in Hongkong yesterday firmed up in the half-day session as an expected rally took hold, dealers said. The Hang Seng index rose 38.74 points to 1270.28. One dealer noted the market will now likely recover gradually in a more settled atmosphere. Another said an upturn
      255 words
    • 208 11 A TECHNICAL rally on Wall Street and a slight easing in Commonwealth tap stock yields helped stiffen prices in Sydney yesterday. The All-Ordinaries index finished the day half a point down at 555.5 in subdued trading. OCT S Canta INDUSTRIALS a r t AMI A P
      208 words
    • 83 11 oct a Pm Aco)* Mining MB -04MB AUu Coo. A AUM Cob. B 21 JO •U ■Miilo OoM ton uneh Baoanwt Coo. B BP Ooodilch nao 104® ♦T uncb CDCP LtndoiJ ua uncb Ltpuilo B. low uneh Martnduqu* B im -ft Oriental A Orontoi m unch 0 0006 PhUai
      83 words
    • 66 11 oct m i A«ta PI bra A 7^^V In Bangkok But Bank Of Avudhaya 1 M Banu m m m unci! BwU JuckOT Charoon« Thai ■n~ unci] Industrial rinanCm Corp International tuo -438 tU International Trust And *s> Rama Tow Batoa Union 9UB Ml unch 1 Slam City Cmant
      66 words
    • 54 11 FINANCIAL TIMES INDUSTRIALS Tuesday 465.0 Monday ***** Week Ago 473.3 DOW JONES AVERAGE INDUSTRIALS Tuesday 838 38 Monday 830.96 Week Ago 851 88 H.K.HANG SENG Wednesday *****8 Tuesday 1231.54 Week Ago 1252.81 AUSTRALIAN INDUSTRIALS Wednesday 680.8 Tuesday 681.3 Week Ago 683.7 ALL ORDINARIES Wednesday 556 0 Tuesday 556.2
      54 words
  • Page 11 Advertisements
    • 129 11 INTERMEX INTERNATIONAL BANK LIMITED NASSAU BAHAMAS U5520,000,000 Negotiable Floating Rate U.S. dollar Certificates of Deposit due 31st October 1984/86 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from 29th October 1981 to 29th April 1982 the Certificates will carry a rate
      129 words
    • 264 11 Cold Storage Holdings Limited VA (Incorporated in the United Kingdom) NOTICE IS HEREBY GIVEN that the Directors have declared, in respect of the year ending 31st January, 1982, and payable on 9th December, 1981 to Stockholders on the Register at that time, an Interim Dividend of Singapore 4.5 cents per
      264 words

  • Chief Price Changes
    • 158 12 Rises M V I 1110 C Sugars 1200 Ambassador MO Hong Leong Ind 1030 Ming Court 860 Towa City 434 Guinness 755 O U E 725 Selangor Dredg 430 Sea View 400 Perlia Plant 390 Intraco 310 Paramount 324 80 40 40 30 20 14 10 10 10 10
      158 words
    • Article, Illustration
      145 12 PRICES were mixed at the Sleek Exchange of Singapore yesterday although the more active stocks made reasonable gains. The Straits Times Industrial Index closed 1.21 points higher at CSt.54 while the Business Times Index rose 1,342 points to 115,50. Rises Indices M U I Timuran HLInd C Sugars
      145 words
  • 337 12  -  KOH TSE YING MALAYAN United Industries and Glen Holdings (a subsidiary of Goodwood Hotel) will not take eaeh other to court after all. The two parties, onee tied np in a dispute over the majority shares of Ming Court Hotel and Hotel Malaysia, are said to have
    337 words
  • 288 12 THE Cold Storage Holdings group has turned in marginally lower pretax profit of $11.73 million for the first half year ended July 1981, compared with $11.88 million of the previous corresponding period. However, group turnover tripled to $352.7 million. At the after-tax level, group
    288 words
  • 467 12 THE City of London Panel on Takeovers and Mergers has clarified operation of the rules relating to the "cooling-off period", announced on Sep 24 by the Council for the Securities Industry, the City's main self-regulating agency. The panel's guidance notes say that once the initial
    467 words
  • 20 12 BANQUE Francaise du Commerce Exterieur lists its guaranteed US$l25 million floating rate notes today on the Singapore Stock Exchange.
    20 words
  • 827 12 LONDON, Wed. Share prices closed slightly firmer, although below the day's best levels, dealers said. At 3pm the FT index was 3.7 points higher to 468.7. Trading continued very quiet ahead of Friday's offer for sale by the UK government of around 50 per cent of Cable and
    827 words
  • 10 12 NEW YORK. Wed The stock market opened higher.
    10 words
  • 328 12 DUNLOP Holdings went against the principles of the Malaysian New Economic Policy by offering its shares in Dunlop Estates to a non-bumiputra company. The point was brought up by the Malaysian Prime Minister Dr Mahathir Mohamad in an interview published in London's Financial Times. Dr
    328 words
  • 675 12  -  Companies Editor: Mano Sabnani By HSUNG BEE HWA MERCHANT bankers and stockbroking firms are generally of the view that Ho Kok Cheong of People's Park Development Ltd will have no alternative but to make a bid for the remaining shares tn Leong Huat on the terms
    675 words
  • 206 12 UNITED Motor Works has taken over operations at Syarikat Fiat Distributors and its assembly plant subsidiary Kelang Pembena Kereta Kereta which UMW acquired recently for $45 million. A spokesman for UMW said the takeover became effective last Friday and that a team from UMW
    206 words
  • 84 12 GEORGE T*wa DUpeinry made net profits before tax of $13,000 for the half-year ended July 31 compared with the previous half-term's 126,000. Earnings were lower despite higher sales of $1.07 million compared with 1886,000 previously. The Petaling Jaya branch incurred a loss for the half year of 128,000
    84 words
  • Page 12 Advertisements
    • 155 12 U5515,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 30th October 1984 THE MITSUI BANK, LIMITED (Singapore Branch) In accordance with the provisions of the Certificates, notice is hereby given that for the six month interest period from 30th October, 1981 to 30th April, 1982, the Certificate will cany
      155 words
    • 169 12 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
      169 words
  • Page 12 Miscellaneous
    • 63 12 OUTLOOK for Singapore from 6am to Ipm today: Showers in several areas in the early morning. Report for 24 hears prior to 7JI pin on Oct 28 •t the oirport: Maximum temperature 32.4 Associated humidity 64 Minimum temperature 24.0 Associated humidity 97 Hours of sunshine 10.45 Rainfall in millimetres 0.6
      63 words

  • SHIPPING TIMES
    • 263 13 KOREA Shipping Corporation (KSC) has withdrawn its membership from the Trans-Pacific Freight Conference Japan/Korea. Its departure became official last week when the stipulated 60-day notification came into effect. Mr Chung Soon Han, KSC's representative in Singapore said: "Our company is not calling at Japan. This took
      263 words
    • 514 13  -  By VONG NYAM MING ALMOST a third of the new straddle carriers bought by the Port Klang Authority (PKA) may have to be idled until structural repairs can be effected. Consignments of these straddle carriers were delivered from Japan and Finland since
      514 words
    • PORTSIDES
      • 114 13 AP JAPAN'S Maritime Safety Agency has issued a warning to ships plying the East China Sea to be on the lookout for a large wooden crate containing a rocket bomb that was washed overboard from a US Navy vessel in a typhoon last week. Officials said the
        AP  -  114 words
      • 128 13 THE era of London as a seaport ended without ceremony on Tuesday when the 10,000-ton Chinese freighter, Xing Eng, heaved anchor and sailed from the Royal Albert Dock. The Royal Ablert Dock thus joins the Royal Victoria and King George V Docks in retirement following the
        128 words
      • 113 13 ARGENTINA'S national shipping line, Empresa Lineas Maritimas Argentinas SA (ELMA) will be starting a fortnighyly independent service between UK/Europe and the US Gulf on November 24. The line will use four 12,762 grt multi-purpose vessels capable of carrying 20-foot and 40-foot containers and the full rang of
        113 words
      • 41 13 REVENUES of the Port of Los Angeles increased for fiscal year ending June 30 despite a sluggish economy and a slight drop in total port traffic. Total revenue was U5576.9 million compared with $68.9 the previous year.
        41 words
    • 671 13 Shipping Line Page C*l Achipelego Shpg VI 3 Afea VI 3 A fro-Eurasia VI 2 All trans vn 4 Aipac VI s Angkutan VI 4 Angonave V 3 ANL I 1 APL m 4/5 Argentine IV <1 ASCL m Asia Merchant VI 4 Austasia Line v 1.
      671 words
    • 415 14 ARRIVALS KEPPEL WHARVES Atrevida (1800 after Sargodha 4 Bunga Orkid) 31 32 Dong Won (1200 after Bunga Orkid) 33 34 Equator II (after Lumut) 21 East Jenson (after Kim Soon LI) 22 Luna Marina (0700) 27 Padang (after Nedlloyd Linge) 3, 4 Perak (after Kimanis) 20 West
      415 words
    • 922 14 ,?,?J E AY l K?r^ EXP0RT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy No. Estimated Time of Arrival Date Time Shipping Lines Gdn Mode of Operatn Asian Pegasus Maersk Mango Prasetia Arlld Maersk TW Bridge Jebel All Ever Large Bunga Penaga Zlm Sydney Tambang
      922 words
    • 1697 14 1 ACTIVE time-charter business on Tuesday featured an otherwise very dull freight market, brokers said. A 59,000 tonner was secured for delivery Japan for a US Gulf round voyage at US$6,OOO daily, for a 36,000 tonner from Moii to the UK/Cont via British Columbia received $6,350 daily. In
      1,697 words
    • 722 15 ALGERIA Annaba Skikda Mid Oct. Delays of 3—4 days. Oran Mid Oct. Berthing dealys of 2—3 days. ANGOLA Luanda Early Oct. Berthing delays of about 90 days with 36 vessels at anchor. Lobito Early Oct. Delays of 4 5 days. ARGENTINA Buenos Aires Mid Oct. No delays or
      722 words
    • 181 15 THE protracted war between Iran and Iraq is continuing to smother Jordan's port of Aqaba under a mound of arriving goods most destined for Iraq overland. The port's facilities have not managed to keep up with the flow and arriving cargo, particularly bagged commodities and
      181 words
    • 502 15 November will be a very busy month for the Intergovernmental Maritime Consultative Organisation (Imco). Not only will the Imco Assembly be holding its 12th session but the Maritime Safety Committee (MSC) will be meeting at the same time to consider a
      502 words
    • 253 15 ONE OF the major shipping conferences serving Iran is hoping to overcome intense congestion at the port of Bandar Abbas by negotiating priority berthing for conference vessels. Agreement is close between the Iranian government and the Associated Continental Middle East Lines on priority for 11/2 berths
      253 words
    • 1115 20 SCHEDULE The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advance dates are published at a maximum of three weeks. PN
      1,115 words
    • 186 20 THE major shipping consortia operating between the FarEast Europe, Far East Persian Gulf, Straits ports/Australia, Straits; Japan and the member lines: ACE (FAB EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits
      186 words
  • Page 13 Advertisements
    • 595 13 W HEUNG-A SHIPPING KOREA FLAG VSLS Regular Liner Semi-Container Service To: P.Keiant/Keekjnf/Busan/lnchon Fm: Busan/H.Konf/Bangkok Td S pore: *****11 P.K. *****4, PN *****5 K.L. *****0 CONTAINER Schedules SHIPS In Port :LONDON Freights PORT Conditions SHIPPING Schedule REGIONAL Weather R > H Orient Overseas CanUu*t&i Line I FW.LT CONTAIOISED SERVICE TO EUROPE
      595 words
    • 381 13 OSEALORDS UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES Kuwait (11/11). SlHiata (14/11). Bahrain (17/11). Doha (20/11). Dim mam (23/11). JuM (26/11). Dubai (29/11). Abu Dhabi (2/12) FULLY CONTAINERISED SERVICE carro acceptable intransit •Closing times FCI 27 2000 HRS ICI 27 0800 HRS *1. WATTY AH ¥17 Dubai (7/11).
      381 words
    • 834 13 tycnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV UNIPACIFIC TKANS ft TMOINfi Afi£«CT rn IT* Tel *****4 (5 lines) SINGAPORE G3 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U S. PACIFIC. GULF, ATLANTIC, EAST CANADA. ASIAN PORTS t Kelanf T Penang MAERSK MAERSK MAERSK
      834 words

  • Page 14 Advertisements
    • 945 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, NG.2, JALAN CONLAY P.O. BOX 371, KUALA LUMPUR 04-09,' MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Tt Europe feeder f Kefang Vessel Spore B UNAGA 30/10 B PtRMAI 3/11 B DAHLIA 6/11 K KOftMGAN 10/11 B PJNAGA 13/11 MHON
      945 words
    • 192 14 T V SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA BE in—iT'«iTTir-r-igT^ 34/14 31/10 1/11 4/11 «/ll 9/11 12/11 VU 1/11 u/ll IVU 17/U It/11 19/12 VII 11/11 a/11 «/u a/11 a/u 2/1 VU 11/11 a/n M/ll l/U 3/12 7/12 VI Vll VU t "BARBER THERMOPYLAE" 7, "BARBER MARA"
      192 words

  • Page 15 Advertisements
    • 1005 15 NOTICE ANNOUNCEMENT We, KAYFORD PTE LTD, take great pleasure to announce that we have been appointed by CLOU CONTAINER LEASING GmbH HAMBURG as their agent in Singapore and Malaysia with immediate effect. We sincerely look forward to your support and co-operation in this respect. For any further enquiries, please contact
      1,005 words
    • 693 15 fZg Franco Belgian Services At > F(l*t Frc..ch Vrt i<y ;.xth P.tnxan tar F,ist,r*: I.xnt* o» ACF CONSORTIUM rh canwctswr stmct now vman TtMSNOKLD BHDS 61 Pwt *PTU* UOC 4 21* OKinUCHEF x I toi KOKM MCTWOR 13 to* «o«a MCEM 20 to* HMTOK P.xaMC It Him *Am HT*», 8-fen*
      693 words
    • 60 15 r H E UNE M.\. Dm| Mia Vty is •rrtverf ♦I It g| AT PSA U l( General Survey on damaged cargo discharged ex the above vessel »iU be held on Friday October 30th 1881 as from 900 am to 12 00 noon No further survey will be held after
      60 words

  • Page 16 Advertisements
    • 756 16 TO NORTH EUROff Mm#> Bi) Caiman Bay T*jo Bar frartlwt Eiprtss S pore P Kelang 4/11 5/11 il/U 13/11 20/11 21/11 26/11 71 11. «/12 6/12 Also xcejKinj transfcpment cargo tor CARIBBEAN WH! mii r<a HamDurg TO MEWTERRANEA Omei Pioneer Cheraket ItMt TW HH 30 10 2/11 311 14 11
      756 words
    • 475 16 KOREA SH S •Ot. U..1 .Mi. P. Kelang PEMANG S PORE VEGA 165W 2-4 Nov 5 7 Nov 30 (kM Nov FROM BUS Aft BANGKOK VEGA 166E 2-4 Nov 5-7 Nov 30 Oct 1 Nov TO BUSAN AITAIR 169W 27-30 Nov 1-4 Dec 5 8 Dec FROM BUSAN BANGKOK ALTAIR
      475 words
    • 598 16 EVERGREEN LINE iMIMtTi ACCEPTWG FCL I LCL CARGO FOR l>« ItW IWU 1 H/fT* 2V U*"* l«r fetor 11/11 2/12 «/i? 7/jJ 12 u I F»« l»(« lt/11 2t/ll 11/12 12/12 li t" m/|| *11 11/12 «/,2 j ALSO ACCEPTING CARGO FOR: UNITED KINGDOM SOUTHAMPTON. LONDON. MANCHESTER BKMMGHAM. BRISTOL. LIVERPOOL
      598 words
    • 933 16 ymgk Burma Five Star Shipping Corpn SBk "BURMESE NATIONAL LINE' LOADMG FOR RANGOON H7ANTAIVTHA pasan NTOCTIM rmtmonwnu 3/5 Mn 12/14 Mm I BFS S C Aotnh n Malaysia BOUSTEAD SHPHNG TTL NOS KL *****1/*****3 C«m»wM Ar«MtMM 0* himii imwMMMWNri SAC.IF "ARGENTINE NATIONAL LINE' LOAOMG FOR DURBAN MONTEVDEO BUCK J 4
      933 words
    • 392 16 OCEAN SHIPPING ft ENTERPRISES PTE LTD O SANKYO LINE JAPAN/STRAITS SERVICE P. Kdani Pi nun In Part 3 PAZESTRELLA to Part 30-31/10 HOKOMMU 24/11 54/11 TMSHOHMU 44/11 74/11 HMUMMU 44/11 74/11 9. OCEMI RESOURCES 44/11 74/11 0ARLE* 13-15/11 10-17/11 MVAO HMD 10-20/11 10-17/11 KSTERN MIIER 21-23/11 24-25/11 2( KfOTEN MAMJ
      392 words

  • Page 17 Advertisements
    • 787 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) vessel rpgj Accepting LCL Cargo to Colombo Aqaba. S.E.A. Container Feeder Service SINGAPORE/PT KELANG/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS EAST AFRICA/REDSEA SERVICE Singapore P.Kolang Psnang Loading (or: S/7 No* Darettalaam KOTA 10/11 Nov SELAMAT KOTA BAKTI Port Sudan, Aqaba,
      787 words
    • 840 17 BENLINE CONTAINERS EXPRESS com MO SERVICE TO/FROM EUROPE TO MOW tM«| Eiprns BmmMM CrSiVur Tab* Bay FraMrivt Eiprtu Cjt» «i (MM Larpßay Ngiai Hani B'ludm R4an* Mawe 2/11 BaaM4ar J/12 J/12 J/12 1/12 21/11 T*yaßay 17/12 11/12 It/11 WBUBC BHAVIH ROAM HAY* SOTON > Germany Austria B«w.> France Al UK
      840 words
    • 740 17 Scan Dutch 9 WEEKLY EXPRESS CONTAINER TO MED/UK/NC/SCAN SERVICE M i 5 I y 1) krtdMU Gnu L extern 2) hi InerpM. U« Cjn)< tslaafe 1) Orama Ixwdiio AaAes Cm At IM NIMH atteptM| carp to I mm lAC taa to l)«M|?)lfM| DTmb 4)l'*■ S)UH Otfaatoi oh m a at
      740 words
    • 535 17 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK/CONT (ACCEPTING CONTAINERS ONLY) SPORE R'DAM HULL HMBG FORTHBANK 5 Nov 4 Doc 7Dk 30 Nov CORABANK 17 Dec 11 Jan 15 Jon 18 Jon SANTA FE 3 Jon 29 Jan 7 Fob 3 Fob (Deop Tonk Spoce Available) Lukes/** Linos
      535 words

  • Page 18 Advertisements
    • 849 18 V K LINE KAWASAKI KISEN KAISHA. LTD. [jXPRESS CONTAINER SERVICES TO NORTH AMERICA Hiukr *sstis* V~J f itrnos Lirk« fttdti vessen «iv> ivaiaMe on request Carpxs <W acceptable lor Oakland Vancouver Portland Houston. Galveston. New Orleans. B«lo« St Wr %»fofc Baltmore Savannah. ijcksonrlc JAPAN-STRAITS-JAPAN •Nun J 3AV *11 M MOWER
      849 words
    • 733 18 ft CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE 105 B < «3n s 7g" AUSTRALIA EXPRESS CONTAINER SERVICE *tc«ptmf FCL/FCL ConijnMi PA** S pox Mr j, d MVDAS 4 No. 5 No, 18 No. ?4 No. jo "•WUTEXXr sOk 10 Ox ?1 D* 2j Oec o* f„ T -MMT 1
      733 words
    • 632 18 o S A(irout) SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR. OCEAN BUILDING. SINGAPORE 0104 MARKETING *****2 (3 LINES! GENERAL *****1 114 LINES) TERMINAL OFFICE *****83 TELEX RS ***** RS 2SS6S A/B CARSHIP CABLE CARGOSHIP Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK VOY V7N »!W VIM V39N V9N V*ON VION V4IN
      632 words
    • 616 18 KORINS MARITIME SERVICES [5 Room 601. ICB Building. Shenfon WaySingapore Tel *****22 *****67 P Ketang Tel *****4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES arana* P Ke,an| L id,n For: N&PTUff 30 Oct South Korea/Japan KOSTAR 7 Nov Dubai/ A VESSEL 7 No* Bandar Abbas/8. Khomem Vfrl, Hyundae Shipping Co. Ltd. ASIA MERCHANT
      616 words
    • 770 18 INTRASIA (PTI) LTD. Suite 2616. International Plaza. Anson Rd Singapore 0207 Tel. *****11(10 Lines) jfUIMAStMA-tLISFM BREAKBULK SERVICE TO EUROPE/UK l FULL CONTAINER WEST BOUND SERVICE FULL CONTAINER EAST BOUND SERVICE FULL CONTAINER HK/KEE/YOKO SERVICE E A ENDEAVOUR A MGHT Loadnf lor. Horn Kon(/Ke<ta(/Buufl Yokohama Osaka do- do W«P*« WTRASEA (PTE)
      770 words

  • Page 19 Advertisements
    • 799 19 NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): TWBMKESW NJADI4W+ 0 CHEF 27W K. MCE WON 15W K. JACEJM 12W.— C. CONTAINER 14* HK CONTMO 28W. Also accepting cargo to/from Scandinavia N JADE S'pore Closing Times: FCL Cargo 0400 1/11 LCL Cargo 1600 31/10 FROM EUROPE (VIA SUEZ) K. JACEJM
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    • 530 19 MALDIVE LINES ETA ETA ETA STORE KUANTAN PORT KELANG MALWVE PROMOTER 15/11 25/11 Loading For Hodetdah MALWVE PROGRESS 15/11 20/11 Loading for Dubai/Dammam/ Kuwait MALDIVE NAGE 10/11 5/11 3/11 Loading for Aden/Mukkalla MALOWE NEIGHBOUR in Port Sailed Loading For Jeddah/Jibouti MALDIVE NAVIGATOR In Port 30/10 Loading For Muscat/Dubai/Kuwait MALDIVE NATION
      530 words
    • 894 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SINSOV BUILDING 55, Market Street Sin(apore 0104 Telephone Numbers *****3 (15 Lines) Cable Address SINSOV SINGAPORE Telex Numbers RS ***** RS ***** RS ***** P KELANG M/S SHAWM T NAM SOON SON. BHD IST AND ?ND FlOOfi NO 1 IALAN CEMPENMG POST KIANG
      894 words
    • 73 19 A PEACE LINE ALSO ACCE?TMG CARGO FOR HONG KONG. TAINAN tps UNDERPRISE PTE LTD •A MOUNT FABEN ROAD (0408) TEL: *****88/9 i SIM SWEE JOO SHIPPING SDN. BHD EXPRESS TO BINTULU sua IORE uni (Ml IM) 14 7 11J1 sm ions uni (mi im> <*t is 21 uji tmiff HI
      73 words

  • Page 20 Advertisements
    • 315 20 5 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG SINGAPORf I N SHIPPING PTE ITD 1119 Wofld Trade Centre Mantme Square Spore 0409 Tli RS ?1017 Tel *****1 1 Bkjs *****81 *****8? KfST MA,A*SIA HSH <M> Sdn Bhd Kt Te( *****3 *****7 Pt Kef Tel *****6 Tli ***** Penanj Tel *****8 TITIMAS
      315 words
    • 242 20 KAWASAKI KINKAI RISEN KAISHA, LTD U JAPAN/STRAITS/ JAPAN Fully Containerised Service I o 0 i obe Spore Penan P S pore Tokyo Kobe K MOHIK VI Sid SU 3/11 5/11 6/11 «/ll 19/U 21/n NORDSTAR V 9 M/ 10 31/10 11/11 13/11 14/11 18/11 26/11 21/11 NORDBAY *12 11/11 13/11
      242 words
    • 325 20 ft; JOHORE SHIPPING Lq 153 JALAN TtNGKU BADAR PORT KELANG SELANOOR MALAYSIA HAJ SHIPPING SDN. BERHAD Express Unttoad Service from P. Kelang 1 East Malaysia Brunei HAYATI V: 15/81 HAYATI V: 16 81 HAYATI V: 17/11 HAMDAH V: 17/81 HAMDAH V: lt/tl HAMDAH V: 19/11 AMR V: 1/81 AMR V:
      325 words
    • 269 20 S. PRfICE S. LUCK S. SUNRISE Aprts KUi SAUDI 3&LINE Regular Conventional Service (All Soudi Flog Vessel) PK Loading tor 1/11 Dubai, Damnum, Jeddah, Guar 21/11 D*ai, Damnum, teddah. fizan It/12 Dubai. Damnum. teddah. fizan iwu an* ssi m> i* «i«m4/4ium TUNU STM m M T* 3*7375 tlI transtimber LINE
      269 words
    • 42 20 VESSEL MNG GIANT TN TUNC MNG CHALLENGER TAJ MNG PERSIAN SERVICE Spore 29 31 Oct 4-5 Nn 11-13 Nm 30 1st Dtc Gtnn* Afents MASSCO SINGAPORE Far FrofM Sfm ptus* contact Tat *****55 Destination DUBAI-KUWAff -OAMIAN MUSCAT-OUBAMUMAfT OUBAi-K UN AH-OAMIAN DUBAKIAIT -PMMAN
      42 words
  • Page 20 Miscellaneous
    • 173 20 Regional Weather #s ft <? TA J& *1 M ft *c i Vv 91 I x\ CK m m 5 Wa °c cr*" Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. legend: R Thunderstorm Temperature °C Shower Weather Wind direction
      173 words