The Business Times, 3 November 1981

Microfilm: NL11390
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 TUESDAY, NOVEMBER 3,1181 60 CENTS
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  • Article
    Extent of new British investments
    231 1  -  By BERNADETTE CHOOI NEW British investments in the first nine months of this year amounted to $135 million, bringing the total amount of British investments here to over $1.4 billion. Companies involved in the manufacture of petroleum products accounted for 75 per cent of investments
    231 words
  • Article
    Register of building management agents
    194 1 BUILDING managing agents do not see much benefit in accrediting themselves with the Buildings Management Unit (BMU). They reason that most of the additional business that they are Uhdy to obtain through the accredits registei would be for the management of problem buildings which are
    194 words
  • Article
    Lock icon DOLLAR FALLS SHARPLY
    147 1 Reuter THE US dollar weakened sharply on foreign exchange markets yesterday, following Friday's cut In the Federal Reserve discount rate. Trading in sterling was nervous with dealers hesitant as they awaited further developments at the state-owned British Leyland. The dollar recovered some ground in the morning, as
    Reuter  -  147 words
  • Article
    Wafer diffusion plant likely to be delayed
    474 1  -  NO SITE CHOSEN YET By WONG AI KWEI ONE OF .Singapore'! two muchpublicised wafer diffusion plants may not go oo stream by the end of 1983 as planned If the demand for electronic components falls to pick up over the next two years.
    474 words
  • Article
    Permanent residents who can apply for HDB flats
    425 1  -  By AGNES WEE PERMANENT residents who are middle-level executives can mm )oin the applicants on the Housing and Development Board's waiting list to buy a flat The Ministry of National Development announced yesterday the extension of the HDB's Home Ownership Scheme to
    425 words
  • BRIEFLY...
    • Article
      Lock icon Banks cut prime
      63 1 AP NEW YORK, Mon. Two large US banks cut their prime lending rate today to 17.5 per cent from 18 per cent, matching a level set last week. Morgan Guaranty Trust Co, the fifth-lareest US bank, and 14thranked Marine Midland Bank Joined seventh-ranked Continental Illinois National Bank
      AP  -  63 words
    • Article
      Lock icon Hurricane's fury
      82 1 AFP NEW DELHI, Mon. A hurricane that yesterday devastated India's western coast, leaving more than 800 fisherman missing and feared dead, swirled inland today with winds increasing from 100 kilometres to 140 kilometres per hour. Nine deaths have been confirmed in the storm, which yesterday lashed the coast
      AFP  -  82 words
    • Article
      New VW chairman
      54 1 BONN, Mon. Volkswagen (VW), the West German motor giant which has run into problems recently, said today it has chosen Carl Hahn, chief of the country's largest tyremaker, as its new chairman. Mr Hahn, 55-year-old chairman of Continental Gummi, is to succeed Toni Schmuecker, who resigned yesterday
      54 words
    • Article
      Lock icon Anti-piracy team
      74 1 AFP BANGKOK, Mon. A French-fund-ed anti-piracy team, on a special etrol with a television crew aboard rescue ship, today ran foul of Thai immigration authorities by attempting to bring Vietnamese boat people to shore. The team, headed by Dr Bernard Kouchner, founder and president of Medecins du Monde
      AFP  -  74 words
    • Article
      Lock icon Giant oil reservoir
      73 1 Reuter LONDON, Mon. Saudi Arabia has awarded a contract to start building a giant oil reservoir in caverns deep in the Hejaz mountains. The Middle East EcooooUc Digest said in its current issue that a local company, Saudi Oger of Riyadh, would undertake the first phase of
      Reuter  -  73 words
    • Article
      Lock icon Sponge iron plant
      74 1 Reuter KUALA LUMPUR, Man A Jap*nese consortium led by Nippon Steel Corp has been awarded a US$36O million contract to build a gaint sponge iron plant in Trengganu. The government approved the award at a Cabinet meeting last week and a letter of intent would be signed
      Reuter  -  74 words
    • Article
      Lock icon Coal exploitation
      72 1 UPI JAKARTA, Mon. Indonesia opened its coal mining sector to foreign partners today, signing its first contract for coal exploitation in a large area of Borneo. Atlantic Richfield Indonesia Inc and Utah Exploration Inc, both US companies, and Italian Agip were granted the right to explore and exploit
      UPI  -  72 words
  • Article
    Renewed buying interest sends shares higher
    81 1 hpym Mi| Mknti tajfe* MflMhamnliMta. At the eai af the fey, NMlirSaMltaM US pMitrKLn iflil nmM JSSSatUL* 8«a« uftljiti, thereto*, M that Mw rmlty ■taTk irtM* lß l r,v tie week Mm, wkea s^ssE STr'gas tlltl UMMNi rikfet eita hi Ike rata they he5eL5L2r
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  • Article
    EDB move to attract Japanese investors
    416 1 THE Brnanmlc Development Board Is sppdatlng a top American management consultancy firm to help boost Japamoo hnnolumit in Stnga9ore. Butt»tm Timem understands that the EDB, concerned with dower growth rates In Japaaeae investment, has approachod McKinsey A Co to conduct an investment promotion study.
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  • Article
    EXCESS CAPACITY AT SIA'S ENGINEERING DIVISION
    267 1  -  •r WANG LOOK KEAH SINGAPORE Airlines to aggreaelvely bidding lor mtwilm owrtml «ad me Into nance Jobs (ram regional airlines as It now has ana capacity la the engineering dlvtotoa. Tbe air Mac qpa.ii to doable or treble its earalhgs from outtode eaglaeerlag coatract*.
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  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      254 1 ojnua tor computer madia protection UNDER WRITERS'LA® m L 1 w Data Safe" Also available: Fire-resistant filing cabinets For more details: DEKON PTE LTD Tel: *****56 PEGI and Goodyield Plaza chairman Ghafar Baba is offering Goodyield's entire 67 per cent stake in Pegi to bumiputra institutions .....Page 14 TOKYU Land
      254 words
    • Advertisement
      Page 1 Advertisements Column 2
      63 1 Afro Eurasia Line S.A. (Chi—n, Switzerland) As an extension of its existing container service, A.E.L. of Switzerland will offer monthly sellings eccepting LCL and FCL shipments from Far Eastern Ports and Singapore to BEIRA, DAR-ES-SALAM and MOMBASA. For further information and details, please contact Miss Sherry Teo. Transgroup Pte. Ltd.
      63 words
    • Advertisement
      Page 1 Advertisements Column 3
      217 1 RAKI CORPORATION Memrfactmwe Merchant Grinder e Packer Stockiet WhoJe/Rutotoed Condkmenta Hertw. Roots, Puieea end Beo<to (Grindtog data evaftebio). E Europe and bejmd? Hy via Amsterdam Why Amsterdam? Amsterdam international airport is your unique gateway to Europe and the Americas; with an extensive range of KLM connections covering all the major
      217 words
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  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      224 2 Wcmg Office automation Word processing Data processing Image processing Audio processing Networking 4 Human factors On# company can provide you the entire range of office automation systems WANG. All six key elements of office automation find the right focus in Wang's spectrum. After all, Wang is among the pacesetters in
      224 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Paribas faces charges from government
      361 3 AFP THE FRENCH government fus mounted legal action against top executives of the Paribas bank and more than 300 of Its customers, charging violations of currency export laws. The lawsuit came Just after Paribas hived off its Belgian and Swiss subsidiaries to foreign interests and
      AFP  -  361 words
    • Article
      Tokyu's US$15m issue
      443 3  -  By LILLIAN CHEW TOKYU LAND CORPORATION, one of Japan's three largest general real estate development companies, is testing the market for Japanese convertible bonds with a US$l5 nriUfen issue in the Asian dollar market The market for Japanese convertible tvwMfr was closed recently when poor market conditions
      443 words
    • Article
      Bogaars joins ITF board
      131 3 INTERNATIONAL Trust and Finance (ITF) has elected Mr George Bogaars, formerly Permanent Secretary of Ministry of Finance, to its board. ITF, a member of the Ong Group of companies, is one of the independent finance companies in Singapore. Its activities have Increased considerably over the past
      131 words
    • Article
      EASIER RATES LIKELY
      321 3 INTEREST rates are expected to soften over the next few weeks until the festive demand catches on. A good indication of the easier cost of funds situation is the short-term money sector where rates, especially on an overnight and ooe to three months basis, have dropped sharply
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    • MONEY AND EXCHANGES
      • Article
        PLR
        22 3 THE mrafa rate at which aajor Singapore buka are earreally prepared to lead to their beet customers is 15.1 per eeat.
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      • Article
        ASIAN $ RATES
        136 3 ASIAN RATES ASIAN currency deposit Interbank rates as at {close on No? 2. SSIflS"' 7day» 14% 14% 11 month 14% 14% 1 months 15% 15% i Smooths UVU 15 vie <4 montlu 159/16 157/14 •months 15% 15% 13 months 15% 15% SwJta. DM. ill! iiii 1111 iiii j?**a ~ssz L
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      • Article
        Discount
        44 3 &ANGE «t prioaa attri Mt Imm m Mm I: Own|0*: 6Vt% Can lip i <H: t%mT% id bjr dla■I* 3-month Treasurybills 67/lfl 3- month Bank tuns US/lfl J months CD UH C months CD 12* ft/16 133/16 13% 12* Source: National Discount Co
        44 words
      • Article
        HONGKONG
        97 3 THE US dollar in Hongkong yesterday steadied against most major currencies in late trading after declining earlier, dealers said. ;It fell following friday news of a cot in US discount rats to 13 per cent as well as cuts m interest rates by several US banks Uot week, they
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      • Article
        London
        23 3 Opcataf qaocaa raattrdty: US IJHS/45 Caa 1240/73 I CrtM LUM/» DMk-409*7/9 DVI —iJM/«19 8 Ft 3JWI/485 BIV caa —«.«L/C rrv iaoji/MB lit—Bus/mji
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      • Article
        Singapore market
        472 3 THE US dollar strengthened against all major currencies on the StagapbtY foreign exchange market yesterday. Against the shyp»» dollar, the US dollar opened at 2.0010/00. It was traded up during the day to reach the height of 2.0700/70 at inghMoklrartmiMMlpu Om moath 2.07® /TO7S TWe wde tw/ism nm
        472 words
      • Article
        Gold
        187 3 SINGAPORE gold futures yesterday closed narrowly mixed compared with last Friday's dose after fluctuating marginally In quiet trading Total sales for the day was recorded at 41 lots while kerb volume at 24 lots. December closed firmer at USJ4* JO/437 JO an ounce against 4K.00/436J0 on Friday and February
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      • Article
        TOKYO
        103 3 THE US dollar tar overnight delivery in Tokyo yesterday cloned weaker at Z50.35 yen after a 23LS0 opening. This wna tbiurply weaker than a 232.00/30 close in New York, 232.10/40 on the US Weet Coast and 233.35 in Tokyo last Friday. Trading was moderate with a volume at f1.32
        103 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      264 3 DBS interest news Effective 2 November 1981 m par annum m* per annum DBS Prime 14 1 /2% P«r annum HaadOffica: DBS BuMdinQ.Shenton Way, Singapore 0108. Tal: *****11. Branch*: Ang Mo K»: *****56 Bedok: *****22. Bukit Timah *****55 V t *****33 Ciementi *****jae Havetock: *****7. Jurong: *****77. Kstong *****44. Orchard
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  • OVERSEAS
    • Article
      Lock icon US officials agree to defer tax rises
      657 4 NYT THE TOP tax offlrtais in the Reagan Administration and the Senate have agreed that any tax increases to help cut future budget deficits should be put off until 1983 and 1984. But Treasury Secretary Donald Regan and Senate Finance Committee chairman Robert
      NYT  -  657 words
    • Article
      Lock icon UK economy may advance strongly
      730 4 Reuter BRITAIN'S economic recovery from the worst recession since the 1990s is underway and could advance strongly by 1983, even though the government will fail to meet its financial targets. Two leading UK economic forecasters from the university-based Cambridge econometrics team said: "The government's financial
      Reuter  -  730 words
    • Article
      Lock icon KL public debt rises 7.5pc in first-half
      67 4 Reuter THE MALAYSIAN gmnS* Y MW IK, wtth timnUi S5 SEEL u** •uk Megan's yarttalj ■»■>*■« "«j 1 W I» wifS ■■Mar h" 1 Maeethnu Mf M gee. tog at mi tmm mmtau kf i>elil iwtrity ul Ki'asrJrtS A* kMkkK Mi tl.t NT
      Reuter  -  67 words
    • Article
      Malaysia expects output, exports to pick up
      334 4 THE PRODUCTION and export of (oods made h Malaysia «re expected to pick op daring the fourth quarter this year after a slowdown to H» third quarForecasting this trend in its quarterly economic bulletin, Bank Negara Malaysia also expects buoyant domestic sales in
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    • WORLD IN BRIEF
      • Article
        Lock icon MORE CONTRACTS
        236 4 Agencies SOUTH Kara wan USH bfr Hnn nf iiiiinw i■MlimHim contract» is the first 10 maoths of this yeur, up SO per cent (ram the «me UBO period. Coostrwctton Ministry sources said South Koran romps iks are expected to obtain about 910 worth of contracts, mainly in West
        Agencies  -  236 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      543 5 ARRIVALS d.,, OfTTH Opmttr N«h L*e*l ir TIm fnm AI PAA Sf MAS MAS AI ES SU MAS CAL CPA GU SU G3A PAL SU MAS SU MAS SU SU GU XLM MAS SWR GU 2? SU CAL cm SU LUFT MS <£ A St MAS GU
      543 words
    • Article
      Lock icon Saudis set new conditions for state contracts
      163 5 Reuter rORnON M«k. lag fowuirn* caatracta hi Saa4 AraMa m haw to itni frwk rwiiiliwi Ik» DhMmm lor tko MMn of fwin. Mr Akd»fjtakaMa Alloa»I, arid M coaopaaiaa ioaU bo MM lo tako .part la fovoraowat coarrponi 00 mor kumuiCmu ataadlag aad cradMlltjr
      Reuter  -  163 words
    • Article
      Lock icon Corruption in Indonesia hard to tackle
      40 5 Reuter INDONESIAN Vie»*** ttrtey tfcot carrapdoa la m dMofc aad dttcalt to tack. It. Mr Mai* «id strict aad •tara mmmrm a»t ha rvMtHll/ abokh corrapt wMdi are hareaadfc body, Ik Umor Vhi ttfc^tliat
      Reuter  -  40 words
    • Article
      Lock icon US oil companies report sharply lower profits
      293 5 AP AMBUCA* Mggeet leteraartnaaj ofl rifiia haw reported ihtrplj lower profile f«r the latoet Mbmi quarter, but the doc)M MM a riuup rebqund 1b profito from operatkw In the Uaitod Statae. The <fr<op la overaD profits M «bread aad the UB dear's etroaf
      AP  -  293 words
    • Article
      Lock icon Thais seek Japanese loan to finance plant
      151 5 Reuter THJJMmMM* Pnm 2 i^n'ribaMS evaEST*- Ha «111 atrial ta Tokyo ■SSTpiLiSYLetiB Ttol Wf k Tokyo ■MM for flMacft* tfea iM, Mt briaf Mil at tepvt of flattaMp, Math of Bugkok, iaUB. «■■•«MaaM TW pM to at tte tad of the «oriTi loapHt
      Reuter  -  151 words
    • Article
      Lock icon Hongkong traders take up issue of costly land
      194 5 AFP CHINESE «aaaaCactarara la I Tfn«ghi«B have taken up with the the thorny prabtom at expeaThe praaldaai of their aeof T.WI nrtrl aaaban, Mr Ngel BMa-Eh, baa aeat a letter to tta gowurM nrra y^M acland (ram auctloaa atmply because pricea do
      AFP  -  194 words
    • Article
      Lock icon A university to serve regional requirements
      142 5 AFP A MODERN tearmthaal m£«ttjr «nmd by tte BHtte flBMIMIM» IM »d Mrrlif ttl Is Ut" 1 1 *«di!catfca ftf dally Hoagkoag ttt» 'ST^dSl^y koif'i "Rafara Clutfi waa hi Loa- **■>»'» OawrwiNe ga? awnt Im qatUed what s^h2S*i2?to^L22 Tte daft? add*: "inn ttet BHttah
      AFP  -  142 words
    • Article
      Bumiputras have not seized opportunities
      79 5 BUMPUTRA Mdmaen hue eot «Mte iihimlimlUm offered to thoai tajtatomtfaaal trade aad iadoetry dojjte MP (t«b the Ihhyriu govnexploited profitably by eatarprMar SSSSSSS gggJP oeadoUso. Mr JaaCu- bfei pnjS!£r agSgSMi, tan. m> bMtaMM fee bamipatra J"**- j"Mpp«si^ P ilSrfc» tataa IT baaripatrae wtah to be
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  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      232 4 Leader ...Page 8 >1 YALE AND YOG. If your industry depends on strong, reliable lifting power then it's time you started looking at Yale. •Yale's range of trucks can handle any job from 1000 kg. to ***** kg. weight with maximum productivity, economy and Behind each Vale Industrial Truck is
      232 words
    • Advertisement
      Page 4 Advertisements Column 2
      150 4 V A 9 V 4 l j 3 1 [wj A •J J KNirtz «i\ vi! Ken-Air has revdutoneed travel to United States Here is another Kan-Air Special you cannot refuse 1 For as Kttte as $2544 you can ptan your own lour to suit your own pace, go where
      150 words
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  • TRADE AND INDUSTRY
    • Article
      Nunotani to invest here
      474 6  -  By THAM WING KEONG NUNOTANI Nautical Immmm Oifiy. a ln*n 'ftpimm aiaker of aavtirril jnatrumeam, du mcbw to fUwwt to a irtKiwlm and tasting facility to Kranji "'~W MdM Koto, aecreswat: ;C*SmL St Mdac autkißf It JDBfIBfcChBB. The «7 to boUdM 4-Wiai teetory on b 3,140
      474 words
    • Article
      HDB to adjust its shop rentals
      124 6 HOUSING and DevtfHtok of ahepe hi HDB ctota am m <«■■■■ itol preattow as pact of Its effort to apdate naniilii records. if Its conamerctol 'propel Jtos tot oat many yean ago are wry low. Some of theae rentals were as low as (200
      124 words
    • Article
      Computer venture
      68 6 CONSOLIDATED Syatema Services, an Australian decomputer hardware and software, to ptaantag to aet up a Joint-venture company to IBinmCDßff KB prOQQCII in Singapore.} Mr John PsrreU, mansging director of CSS, said: "We are having preliminary talks wltk several local compnntoa far a poatobto firm ap aa arrangement wlthia
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    • Article, Illustration
      Building for Treasury
      215 6 A CIRCULAR B storey tow homing |imhi mimil and banking tacmttoa will rtoe on 111,100 square metre plot of land opposite the laternatkmal Plasa by IJB. Ike fflngapore Tln—j BuOdhm, which «111 bouse the Mfadatry of Finance. MUMry of Trade and Industry and wffl atoe provide addHtmal
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    • Article
      Goh urges law to allow removal of organs from dead
      78 6 ■NGAPOU (My trmiriM* srs.'srs jsta to II hvriMg Mar* toy 6*l Cktk Toag at the Milltt-Uial B*elety'a mmMMt M tnn af aew paltaak MM tot ggSrVWU mm* Ju* MM to «Mm"* Xa Matotor mm»' sSyt>y!tosS paraMpvpaM. b at aar haaptala.
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    • Article, Illustration
      PEOPLE IN BUSINESS
      287 6 THE BANK of New South Walea haa appointed Mr IWry C Tar— aa cMM manager of tta Singapore office. Mr Turner haa regional reapunalbility y for Aaaaa coaatrlea. He waa the haak'a repreaentattve la Jakarta la 1977-71 and tea Dao aerved la the UK. EM Africa, India
      287 words
    • Article
      An appreciation of gemstones
      205 6 OEM collectors, Jewellery craftsmen, rtwignori and anyone interested ta gemitonee will be able to learn all about gems appreciation in a course to be held neat month at Waterloo Centre. Entitled "An Appreciation of Gematonee," tt ia co-orga-nlaed by the Diamond bnportera Aanodation of Stagapore and
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    • Article
      Ceilcote making plastic pipes
      148 6 CEILCOTE Pie Ltd, whkh B>"ill in Jarong only thrse monthe ago, wOl go hrto fall prodncttoa of flfareghna iilaftaied plastic pipm by the end of the year. The company la a member of the Auatrahaa-boned lateraatloaal Ceilcote GrouD whfeh waa tTm«. la control. The pipm are
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    • Article
      MEMO PAD
      654 7 SDONAM AND COUIBBB Nov 6-Dec 30: Certificate in Computer D»ta Processing Module 2 Systems Analysis and Design, Cuppage Centre, NPB Nov 6-Jan IS: Certificate in Management Services Module 3 Work Quantification 1, Cuppage Centre, NPB Nov 0-10 Marine Insurance Claims and Frauds, Shangri-La, AGS Management Consultants Nov *10:
      654 words
    • Article
      Reviews of MRT report ready soon
      349 7  -  By WANG LOOK KEAH THE Government and the Hansen team are now reviewing a draft report of Phase "A" of the Rapid Transit study. v Their comments are expected to be submitted this month to the consultants who conducted the study. The consultsnts who
      349 words
    • Article
      Ilford's new film
      183 7 ILFORD, a British maker af films aad printing equipment, has Introduced a new type of photographic film in Singapore. Called the DNnJ XPI-410, the mm is capable of capturing details in overexposed highlights aad dark shadow areas af a picture better than any other On, according to
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    • Article
      Drying plants
      44 7 THE TIMBER Indiatry Board has clarified that there are only 25 commercial kUo drying plants fa) Singapore, and aot 40 as reported in the Butinest Timet aa Saturday. But there are some m timber and wood products companies with kiln drying facflttfas
      44 words
    • Article
      People's Park to build office block at East Coast Parkway
      295 7 PEOPLE'S Park Develop- ment Ltd has formed a new subsidiary to develop a l&etorey office complex at I Marine Parade, East Coast Parkway. 1 The new company, Peoi pie's Parkway Development i Pte Ltd, will develop a I,TOO i square
      295 words
    • Article
      Joint venture to produce cans
      539 7  -  By RICHARD SEAH THE successful export drive of Singapore's edible oil LDoustry mi prompted toe formation of jet another can-making plant. The new company, Cental aer Printers, invested about |5 million in a fully can-making factory to meet the growing needs of local edible oil
      539 words
    • Article
      TRADE TALK
      357 7 THE DOW Chemical Company has developed a aew proLsm far the production of Unour lev deuity polyethylene (LLOPE) rafans la —*-«-g ««mmh—for maklaf conventional puljHfajWat resins. Dow will Hcissi thfa technology. The proossi usss butene rewriting propetUoa of the refans are cnmpa rafale to other laitaae copolymers belaf
      357 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      349 6 X V- J 2i -3 I iA i* Facsimile by Panasonic ~T Creating images in communication. t K m 9 f i&ansi Sx*. lII4UM 'tfil WMjUfci :■> r., 3 5 m t "a .i %'V •< f i MSa K-. AV This ad will Km in Hong Kong, London, Tokyo*
      349 words
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  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      74 7 nwrif iKimr H Mi||miL m liriai ®SL_ !RI > 1 A J ymm ■ii HM IRSSBSESKTMHRI U fc* IM*"»- BHw£ l»4i i ■I t Ik It -MMNMBrU'Ah .1- r*»f* 9k uir iSsSfSBSXBsi ass nwar'mi ■bt^jbi i w iHKIIBir IK ft IB -n» .rh I! HBir fl_ik .J IMWI ■BfiitegLif IMH
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  • Article
    EDB could use some advice
    367 8 SINGAPORE HAS always depended on foreign investment tor much of its economic growth. At the end of June this year, foreign investments stood at a cumulative $8.6 billion. Though money continues to come into Singapore, the flow has been noticeably reduced. In the first half
    367 words
  • Article
    Reagan should put politics aside
    322 8 IT IS EASIER to lower tan flma t» them. This was made dear efes eaaatte mm when President Reagan woa wMmprai impart for his plan to **f aa mmmt recovery tar cutting taxes. And new, tm«o ftp US Is faced with the proapsct el a
    322 words
  • Article, Illustration
    Lock icon Gold battle intensifies
    1819 8  -  By DAVID MARSH,BERNARD SIMON IT SOUTH AFRICA and the Soviet Union, the two gold powers at opposite end of the international political Spectrum, are sharpening their eatreptenurial skills ia the worldwide bullion trading game. They need all the help they can get. Both countries which between them
    IT  -  1,819 words
  • Article
    Pretoria falls into a slump
    720 8  -  ■y PETER GREGSON THE SOUTH AFRICAN «*****7, which has been booming far the post two years in contrast to much of the MMridad world, has ran into a ahonp aad experts lis asm little reWwntymr. There wffl etffl be growth hi IMS bat possibly not
    720 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      220 8 CKYPHC PUBLE 1 Voor to pat mommy to the »(5) The dog's bit «rf grouad? Shjr as a hoMar! (7) 10 Is pot dMarcatljr, ao take aolMt(l. S) 11 FMitoUrO) 12 Shoot Jo the aplae (S) 12 Evoo io aa eodooure, It's a tot CO IS Where to tmjoy the
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    • Miscellaneous
      Page 8 Miscellaneous Column 2
      2 8 bnstow: Fra^jc
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    • Miscellaneous
      Page 8 Miscellaneous Column 3
      76 8 NUCLEAR EXPANSION! !tt AM U9 tapad Of M C.4S Haws aid (Tamil) 7J5 CitMPava 7.15 Banian 7* Iba GmMi Tai (Tart) rm) Faracaat SJSDjm* It* few Parti IUI Qm Of Ma/TV k n. Jakarta U I MALAYSIA 1 5.M M Qur» toft* U| h* B* h &W# 1.30 a>y 5.08
      76 words
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  • Article
    Lock icon Skilled Americans favoured
    378 9 NYT AUSTRALIA, under a new immigration policy due to go into effect next April, is actively' seeking more Americans with business and technical skills. Advertisements drawing attention to opportunities in Australia had already begun to appear in the American press before the announcement in Canberra of the
    NYT  -  378 words
  • Article
    Share certificate proposal
    158 9  -  Letters te the Editor CHARTERED SECRETARY Dsarflr, Complaints have been made against public companies for not issuing new share certificates within the time limit allowed. I sympathise with the registrars because the issue of thousands of new CM UlhttM k Hm* c—h| Ike time has come to
    158 words
  • Article
    PINE GROVE FLATS
    142 9 Recently U was n> CHJ» M press that ■CDC IMb ta PIM Qmn were already N However, ta mb I» a ■mills k PaSuMt wps weeks an, Mr Lea tmh a—,ifiiiiin «1 Male (Nstiiasl Pevelsa ■eat), nli, "Keys wfll ft» kaaM la the aaritinri whea the flats
    142 words
  • Article
    LIMITED NUMBER
    1237 9  -  Foreign banks vying for licence in Australia By FLORENCE CHONG TEN foreign banks at the most could be granted a licence to operate in Australia, following the release of the long-awaited Campbell Report. But the bet in the banking circles is that the number to succeed eventually is
    1,237 words
  • Article
    Lock icon New residents in Silicon Valley
    954 9  -  The Japanese have established themselves in the semiconductor capital of America. MICHAEL MALONE reports on their activities there. MICHAEL MALONE NYT THE JAPANESE have become established, If not entirely appreciated, residents of the semiconductor capital of America, California's Silicon Valley. Major Japanese companies have taken
    NYT  -  954 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      372 9 r ,< are Getting her boss to see you is sometimes as difficult as getting her to arrange the appointment. After all, if the boss is a busy man, you'd expect his secretary to be equally, if not twice as busy. She has to get his 50-page marketing plans ready
      372 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Conoco lifts Du Pont's profits
      431 10 Reuter DU PONT» recently acquired Conoco Inc unit accounted for US$3.4B billion of the increase in its sales and $114 million or its net earnings in the third quarter. This is after adjustment for purchase accounting and the elimination of minority interests. Du Pont said
      Reuter  -  431 words
    • Article
      FIRST LOSS IN 45 YEARS
      104 10 AUSTRALIA* majsr haae metel mtalag graap, MIM nilfcp, has ru bite fee red tor tee An* time te 41 ten wtte a lea far tee Oral «aarter mt tee year te ■est Jaae ef At 1.14 mlllUa 1« tee mum peM at laet yetr, MOM
      104 words
    • Article
      Setback at Japanese stores
      321 10 JAPAN'S top five department store groups report disappointing earnings performances for the first six months to end-August, with two of them showing sharp declines in operating profits. The slow recovery In consumer spending. a cool summer and higher corporate tax ware all to blame. Because of
      321 words
    • Article
      Export fall expected
      257 10 NISSAN MOTOR expects a 4.6 per cent (all in profit lor the bwtneas year ending March 11 to 82 billion yen (ram 85.fl billion last year. But a Nissan y*»™» «id sales are expected to nae f J per cent to a record 3JO trillion yen tram
      257 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      223 10 "The American Express Card serves you well, wherever good food is served Getaway to Sentosa with family and friends rrr uu ism Sy3 m SEMS ">■ m- k* aCSSfJS* Cost only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50%
      223 words
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      Page 10 Advertisements Column 2
      77 10 *?.,(+>;,'=.<~+`]\($@^:/=$$:<]: I-or sash I'( >r if.i'cki h< >r (>■!}>. t \>. ■<;/'/l h pdru'St < L'iu^hts J < iiii 11 I i i-k ii< >i i **-«i 11:4: m »i-« 9 F A CoitoModpiAgincy TUESDAY FASWON EXCUWVES Showtime: 1 2 p.m. oc* *****11 •*2llO tar OCpAt A awh a 3*
      77 words
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      Page 10 Advertisements Column 3
      97 10 OM I\l VI S jQnrb AlVkdmCrHSpecialih From Mongolia comes a barbecue mora succulent mora delicious than any barbecue you have ever tried before. Only at the Singapore Merlin. Lunch from 12 noon 2 30 pm at $15.00 per head Dinner from 7.00 pm 11.00 pm at $19.00 per head. Both
      97 words
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      Page 10 Advertisements Column 4
      185 10 When you dine, dine Cantonese. 51 urn 0 9' *5 r.» 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
      185 words
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      Page 10 Advertisements Column 5
      135 10 Cuisine roe Dragon Palace Restaurant is where you can dine in regal splendour and toest on splendid d«hee fit for a King. Spacious enough to accommodate 450 paopto in comfort Dragon Palace Restaurant also caters to the cosy Oiiey RtsaJßsnan* Road, Singapore 0823. T* 737*111 (20 imas) r 11 <
      135 words
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  • RAW MATERIALS
    • Article
      Produce exchange
      177 11 CmNK Prsdaee Kiefaaage, assa elMflag prices par Mt kg yesterday. Ci eiast «a: Bulk fob $108.00 sellers, old drum (in second hand drum) fob $122.00 sellers, asw drum fob $US.OO sellers. Copra: Mixed (loose) $57 buyers. fßffir: MuntOK wwte pepper fob Asta NLW $310.00 sellers, Sarawak white pepper
      177 words
    • Article
      TEXTILES
      130 11 and cotton prices were quoted as follows in Hongkong yesterday. (la HK dollars, spot sx-go-dowa) Cettaa yam: China Blue .fhssnix 2Bs 2J80; 3k 34«. *JBO (per tank of 480 lbs). mUO, W sjTVr\ff, OT «pßer ginned IN (per lb). to HK dollars, i wtiukaak prices, spot exyesterday: Wks «Mi:
      130 words
    • Article
      RICE
      318 11 •JBWAFWB: Yesterday's «sartosing prices in SI per kilo, jHJx-fttkiwn: THAI WHITE: 1« per cent ■Jill class (Kangaroo) new ggfcwp La, JOO per ceat second £$ms Ll* Ml per cent thM eisss LIB, X per cent new crop stock, B-20 per cent wo THAJ BROKEN: A-snper Special 0.72. w» THAI
      318 words
    • Article
      Straits Tin
      86 11 THE BTB AITS til price la Pemg yesterday dropped line ceata to Mftt.4s klle after (alllag eae eeat to 1J6.44 en Satorday, bat still wlth1b toe ITC «pper sector raage ef «H.K Mi $37.89, dealers Mid. lie market treaded earier dae to eeatlaafag high ead-meath dtopeeals aad lack
      86 words
    • Article
      CLOSING PRICES
      34 11 Rubber: Nov 2 Singapore: Nov: 191.25 cents (up 3.25 cents) Malaysia: Nov: 228.50 cents (np 1.00 cent) Tim M 535.45 per kilo (down 9 cents) Official offering: 230 tonnes (down 21 tonnes)
      34 words
    • Article
      Chinese wheat imports
      115 11 THE International Wheat Council said it forecasts China's wheat Import* will rise to 14 million timnrs in 1981/82 (July-June) from 13.7 million in 1980/tl. Its latest market report said the duration of existing long-term agreements and the likelihood that those expiring in 1982 will be renewed are
      115 words
    • Article
      LONDON MARKETS
      780 11 s 4wrfiE. noousiM, mra yesterday traded quietly £»ad narrowly in a featureless morning session finish3ag £6 lower to £1 higher. Anders said there was no Jrssh stimulus to trade and 3&e market is awaiting HMms such as the probable 9s—in mint of Brazil's l?ec/Jan export registraHons today. Brazil
      780 words
    • Article
      PALM OIL
      145 11 -THE Kuala Lumpur market yesterday closed SPrmer on continued buying interest from last ?*eek in (airly active trading, dealers said. •Z November in the north and central closed 3f510.00 higher at $965 and $965 a tonne respec--tively while south gained 112.50 to $957.50. In south rose $15.00 to
      145 words
    • Article
      RUBBER
      326 11 RUBBER prices in Singapore yesterday closed slightly higher with November One RSS buyers quoted mt 191.25 cents per Idlo, up 3.25 cents from last Friday's dose. dealers said. Morning prices were marked up about 3.50 cents on covering interest and reserve of sellers, they said. Afternoon prices lost some
      326 words
    • Article
      RAS PRICES
      314 11 RAS prices in cents par kilo yesterday: rn«a (per kilo) VM (»W> Bu>« 117 8 MLS MLS 1CLM 1MM 194J0 i<yaf 140J0 140JO 143J0 142J0 "*aata«a Int. 1 R-S.S. prompt f.o.b. 1*7JO Int. 1 R.S.S November 1M JO Int. 1 RJ.S. December 201 JO Int. 2 RS.S ia.00
      314 words
    • Article
      SSR and SMR
      79 11 noon an IAI ■<a»i Hmv* ClTTO n nn) IB M •apvra JjE f^bit 1C4J0M ItSJON BBX tUM I«1 M Im 1MJ0N IIUON Mil not U cv (1-taa paibtj 214-40 XI4J0N P»»—>«r ]1U| 117 JON SMH L jlla pdhu nuo in mi nm 114-MN 3MR CP 112 S9B
      79 words
    • Article
      Thailand cuts rice export rates
      285 11 A THAI commerce ministry official said the ministry reduced rice export premium rates in a move to boost the rice export trade and encourage rice shipments in the harvesting season. The new rates, which are 300 to 100 baht lower than the previous ohm, are
      285 words
    • Article
      Poor outlook for tinplate trade in Common Market
      721 11 THE uncertain market for tinplate in the European Economic Community (ESC), together with the current under-utiliaation of the tinplate production facilities there, will not encourage the industry to expand its capacity further. Better investment proapects for the industry exist in the developing
      721 words
    • Article
      Lock icon Textile exporters meet in Delhi
      220 11 Reuters TEXTILE exporting Third World countries began talks in New Delhi yesterday with the aim of reaching an agreement an a unified stand on a liberalised textile trade pact between developing and industrial countries. flapr—■«■Una of ahont 30 textile exparthg countries will discuss in the
      Reuters  -  220 words
    • Article
      Lock icon ICO members have equal export quotas
      319 11 Reuter THE Interns tioasl Coffee Organisation (100) eacattve board distributed individual exporting members' export quotas in equal amounts totslltng 14 million begs for each of the remaining three quarters, startlag Jan 1, of the 1981 82 coffee year. ICO executive director Alexamh* Beltrao said.
      Reuter  -  319 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      146 11 FOR THE Sill ALI Jf *< ft v r 4 V *e*tm w N v $3aL' '.t3<~W- -4 A COMHCT, ECONOMICAL COPIER WITH FKUHCAI FEOIRES When you need a copier that's more versatile and efficient U-Bix has it in its range. Like the U-Bix T plain paper copier. Small enough
      146 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1158 12 BED and offer prices officially listed and business in and reported to the Stock Exchange at Singapore yesterday with the number at shares traded Uwwn in brackets in lots at 1,000 units, unless otherwise specified. SECTION ONI INDUSTRIAL COMMBBCIAL Ami (1MB) (1)
    1,158 words
  • Article
    Unit trusts
    55 12 n»aw«Bpfv< Lm lti rpnMOW) ui IM LM L» m LW hmhtlM LM IM. (Oct )(Mv) OnlMfM lir |J| rpnBMrIM LB LM JSKrTr'u .j^snaL.T MunvftM l« ur imimi cm «m HdlRrtrFM Ul LM IM U» LM LM ir IB 5SESFZ a a (B) M IM NMMl 1« Ul i-»
    55 words
  • Article
    SHARE INFORMATION SERVICE
    2530 12 Wn Qr*» Net 1M1 Lut Dhr Dhr TM P/B Vol Day Hlgfc Low Coaipoor Solo +ec- Cn COOO) Hlgk Low SECTION ONB INDUSTRIAL COMMSBC1AL St M> Aemt SM +S lit U U U at M lift 11« Alcorn lift U U il 1U 3B 130 Allied Choc
    2,530 words
  • Article
    In Kuala Lumpur
    1057 12 BID and offer prices officially Mrted «ad Niriiw ta and reported to the Kuala Lumpur Stock Exchaac* yertwday, with the number at dura traded Mwarn la brackets la k*» of 1,000 units, nnleai other wise specified. MM(1JB)(DUI i(hM(UB) AM» (UB) (I) LM (D LM m i en»)
    1,057 words
  • Article
    COMPANY MEETINGS
    265 12 IUCMI Mahmte Itli. tags B«rl*4: Sbcteeath ACM to be held at the kia» miujui Lomce, Tractors Malaysia HokUnga Berimd, Sharldah Oomples. Jalaa Yoag Shook Ua, PMatt* Jaya oa Nov S at aooa. CONSOLIDATKD Plaata«M iMtoll Sacoad AGM to be bald at Studio S, 9th Floor, The Koala Iwor
    265 words
  • Article
    Prices rise on broad front
    220 12 a£S£S Straits Tlbm UMI totox niiiiil m pk ri ill U»4ll| VM •fceweifertKerleprev*. tote.?!* ntajL «mS' JT32 sy&FSsSF* sscSSSJ J«bH iMI pauti to im.N •(tor M toy, taM kfin «al SmL'XSLM SSL" —h H M. ftM linf RTSSI2r. eIW StMl, hMVNr, ikj"? Ifti ti flit
    220 words
  • Article
    Kuala Lumpur improves
    495 12 PUCES acorod oaooaraglaK |blbb at tka Koala Lampar jrrairi ibj la went Bp bp men than*a fifth. Tkt better start to the oae wsskTlowlev?o/d2 a where prices kad chaag■ttk. Oae market source said the improved nfloat coaM have baoa promoted by news sf a turthsr cterftne pore
    495 words
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  • COMPANY NEWS
    • Article
      RESULTS DUE
      285 13 Date L ■at Fall Yea IT Ceapaay ■t a rcrwi AlMUMd Net EPS Oraaa Pre-tax but year (eeata) nv. Preflt Supreme Plant (rut) F 17/9 7.10 215 Textile Carp I s/t 15.0 10.0 12M* RaMfh UIC I */9 30.8 5.0 1474(f) F M 5.0(b) 11,360 Murat* Sea View
      285 words
    • Article
      DIVIDENDS ANNOUNCED
      365 13 DM* dm Mo PfcjraUt Mrikt Mrihr Purl— jtar UMOm AT MT cSuEi—i Tunmiit fcyiy s* HKlni KvLiL SET" itatflta* KTllMlU gga. SSSPM atr»*(H) 7% 30%(b) 10% rj*i 35% 17% 9%I 05%I ll*(t) 40%I ttO%Kf) o%i 3tt% 5*1 9% M% io%i M%(f) 10%I 7V4%I T%(b) »(b) 19% Iffik) 30%I
      365 words
    • Article
      SCRIP ISSUES
      161 13 Company Particulars Ex Date Books Close Boom fane of 1 for 10 NYA NYA Gmhmb Boousissoe of 1 for 1 Oct 39 Nov 10 Hp Proposed rlthii tone of Star 1 MCI g C..OO per share Proposed beans issue NYA NYA of I tor 1 NYA NYA lUAljiiill
      161 words
    • Article
      Lorient is not major buyer of Elliott shares
      233 13 LAURENCE, Pruat and Company baa dented Its Far Eastern subsidiary, Lorient Nominees, Is a significant purchaser of shares in the Elliott Group, the UK company which ia currently facing an un welcome bid by Jenka and Catteß. The Elliott group has alleged
      233 words
    • Article
      Bertam's plan finalised
      359 13 BERTAM Consolidated Rubber Co Ltd, a plantation company within the UKincorporated M P Evans and Co group, ha* announced the finallastlon of plans to restructure the company in line with Malaysia's New Economic Policy. The company recently announced an indefinite postponement in its extraordinary general meeting originally
      359 words
    • Article
      Alcom rights undersubscribed
      137 13 ALUMINIUM of Malaysia Bhd's rights issue of 38.062 million shares at Msl par each has been underscribed by 508,850 shares. Disclosing this over the weekend, issuing house Malaysian Industrial Development Finance Bhd said the undersuhacrihed shares wDI be taken up by the underwriters. The undersubscrtptkm parQy reflects
      137 words
    • Article
      Textile Corp interim profit slashed
      306 13 AS EXPECTED, Textile Corporation of Malaya Bhd has turned in much lower profits at half-time than in the previous interim. Its operating profit lor the six months to June amounted to »5,000, a reduction of 44.8 per cent from the 5i.471 mffljoa previously. The group
      306 words
    • Article
      H & C earnings sharply down
      727 13 H C earnings sharply down TAXABLE profits of Harrisons and Crosfieki. the UKbased plantation, chemical aad timber group, were down £1.45 million to £30.08 million for the first six months of 1981, but preeent indications are that secondhalf profits will show a substantial improvement over thoee of the first, the
      727 words
    • Article
      Subang View stays close to success
      501 13 UNITED Estates Project's new $25 mflltoß View Hotel, «talcfa will be opened this week, is different Iron ether international-class hotels hi Malaysia is that it is sted miles swsjr from the Sabeng town centre. It is this feature of SubU( View Hotel Which wffl
      501 words
    • Article
      COMPANY BRIEFS
      339 13 WITH regard to Its proposed acquisition of minority Interest in Veneer Hoteto Pte Ltd, V— Pie is els IM has beea asked by the Singapore stock exchange to supply information on the value per Miare of both rnmpantos, details of the. valuation of the hotel laad owned by
      339 words
  • ASIAN STOCKS
    • Article
      Tokyo stocks end firmer
      273 13 SHARE prices in Tokyo yesterday rose for the seventh consecutive day with many investors anticipating a return of foreign investors to the market fallowing lower US interest rates. The market average rose 40.21 points to 7,539.63, hut trading volume was light at 330 miiiuwi shares with
      273 words
    • Article
      Selected indices
      28 13 HXHANQ SKNC 1370 00 £rtd»jr closed WMk Ago 1223.06 AUSTRALIAN INDUSTRIALS Monday 667.6 frfcgT :Sm W««k Afo 664 2 ALL ORDINARIES SM.5 540 1 A#D 962.9
      28 words
    • Article
      Market ends stronger
      191 13 HONGKONG THE Hongkong stock market yesterday closed Arm after an Initial rally met follow-through demand (ram abroad and locally all (toy, dealers Mid. The Hang Seng index rose 89.19 points to 1*570.90 following Thursday's 11.43 gain, lite market was closed on Friday (or an exchange election. The
      191 words
    • Article
      Sydney closes higher
      220 13 BARGAIN hunting, the latest advance at Wall Street and a cut in the key US discount rate contributed to one of the beat gains posted yesterday by the Sydney share market in a month, dealers said. The All-Ordinaries index rose f.B points to close at SSiS, though
      220 words
    • Article
      Bangkok
      17 13 1 ;j hM IM nek re* "J m IjTj Mm City South AM* ntn M 41
      17 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      140 13 MARINE SUPERINTENDENT FOH LOCAL SMP-OWNMO/OPERATMa COMPANY (TANKERS). To be part of Managerial team. Primary task will be to take charge of Snip Maintenance and up-grading programmes. Applicants should have the following characteristics and experience 1) Mature, safety conscious and having an analytical mind. Willing to work at odd hours. High
      140 words
    • Advertisement
      Page 13 Advertisements Column 2
      29 13 Touch of Class LUXURY INTERIORS PIE. UD. 321, Plaza Slngapura VALUATION ON PLANT MACHINERY CITY VALUERS I CONSULTANTS (PTE) LID SUITE 203, COLOMBO COUtT SING AfOtE 0617 TEL: *****74/5
      29 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      137 14 Rises Indices srusar ion 900 +80 36 Oct JO Nov 2 U*H Fta V B Uftaptoi OUI C 8vftn •10 890 +90 BT Indicator: n«i> Industrials: 63M8 11MB 842.73 180 |HQ +M am Finance: 1981 JO 1378.97 iwwuy uw •10 aoo +M +M Hotels: 1044.® Properties: 8X1.48 1065.87 849.11
      137 words
    • Article, Illustration
      KUALA LUMPUR
      107 14 iflVShrfci» dim* the —I*l FII Times Mw gafaed MM pshrts it 119,«. Rim Indtess Ayer retain (Tin) m octao .Nov2 TS m +45 BT Index: aUSR UHtrtab: Tiff H *****2 1190 +40 833 15 OCBC MO +25 Finance. 1245.fl 1244.90 DBS no Hotels: SOU! 504.77 TTf RCHMI City
      107 words
  • Article
    Pegi springs surprise
    550 14 IN an unexpected turn of events, Pegi and Goodyield Plaza chairman Ghafar Baba is offering Goodyield's entire 67 per cent share in Pegi to bumiputra institutions. Hie offer is apparently an effort to calm criticism over the sale of Dunlop Estates Bhd to a company Jointly owned
    550 words
  • Article
    Malayan Banking's profits up 39pc
    266 14 ALTHOUGH thane vu no substantial Increase la Malayan Banking's loans and deposits tram the last year-end, group profits after tax rase nearly 40 per cent (or the year ended JunelSßL Malayan Banking yesterday announced group after tax profits of 1000.45 million, up 30 per cent
    266 words
  • Article
    Acma forms new company
    115 14 ACMA Electrical Industries has incorporated a company to manufacture extrusion sheets. The new company, known as Tecpias Far East, has an authorised capital of H m niton and a paid-up capital of $2. The Economic Develop- ment Board has granted Tecpias a pioneer certificate for the
    115 words
  • Article
    LONDON STOCKS
    660 14 LONDON, Man. The market Mfter «ttboMh arvcn] marked down a PMJor two near the clow re)ertiua by union offlcUta at atal»«aatroiied BL <*• latest pay Government bowk Stowed net riaee of up to H of a point. The reat of the market, iadudAmericana, waa Ck*taf middle prloaa at
    660 words
  • Article
    DOW JONES HIGHER
    40 14 NEW YORK. Moo. Share prices soared this morning, continuing last Friday's rally amid expectations of more tails In tntereat rates. The Dow Jones average of 30 industrials Jumped 12.56 points to 805.11 in the first half hoar.
    40 words
  • Article
    Keppel holds a 57pc share in FELS
    158 14 IItHKHI Companies Editor: Mano Sabnani KEPPEL Shipyard now holds 57.63 per cent of the paid-up capital of Far East Levingston Shipbuilding. It informed the Stock Exchange of Singapore yesterday that it had acquired another 98,000 shares in Far East Levingston at prevailing market
    158 words
  • Article
    Lock icon NOL in shipshape
    740 14 «2103 by HOCK LOCK SIEW WHILE some investors may now be out shopping for year-end bargains, there will probably be many more lamenting their losses. The market has seen the public offering of shares in seven companies so far. Six have been listed for some time and
    by HOCK LOCK SIEW  -  740 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      59 14 THETRUCK RENTAL COMMNY YOU'VE NEVER HEARD OF EITHER. At BTW, not only are we trying to make a name for ourselves In car rental, but we have flat beds, pick-ups, vans, right up to 3 tonners as well. All with the extraservice that used to be unheard of. 7Tie car
      59 words
    • Advertisement
      Page 14 Advertisements Column 2
      290 14 Rise to the challenge of the Japanese marketing success NOWa first-hand, in-depth study: Japanese Strategies and Practices in Marketing and Sales A Seminar by Professor Takeshi Kftuchi Director of the Japan Marketing Association (International Division) Professor of Marketing, Science University of Tokyo International Marketing Consultant November 23 24,1981 9.00 am.
      290 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      58 14 OUTLOOK tor Singapore from 6am to Ipm today: Showers in several areas in the early moning. ■ffartfcr Mheart friar to 7J9 pm m N«v2 at MiTfmmn temperature 30.8 Awociatod humidity 66 Minimum temperature 23.5 AMOctoted humidity 89 Hour* at wrahtnp.... LO6 Rainfall In millimetres Trace Total rainfall (or the month
      58 words
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  • SHIPPING TIMES
    • Article
      Salvage work may take a fortnight
      288 15 SALVAGE operators estimate that it may take 10 to 14-days to refloat the Anro AMa, which ran aground on the northern tip of Bribie Island on Oct 29. The Singapore-registered ship carrying heavy fuel oil and other general cargo, was on its way to
      288 words
    • Article
      Centralised agency in Sarawak from January
      462 15  -  By VONG NYAM MING THE Sarawak state government will be setting up a centralised shipping agency on Jan 1 next year to help timber exporters trim the costs of shipping their forest products from that state. It is proposed that this agency will aim
      462 words
    • PORTSIDES
      • Article
        Lock icon China to increase berths
        174 15 AFP CHINESE Minister of Communications Peng Deqing has announced that China plans to increase the number of deep-water berths in its harbours from the present 138 to 300 by 1990, New China News Agency reported. The agency said marine transportation was a "weak link" in the
        AFP  -  174 words
      • Article
        Lock icon Waertsilae wins order
        41 15 Reuter WAERTSILAE OY of Finland said it won a US$l5O million order from the Leif Hoegh Co of Norway for three multi-purpose ships for delivery by 1984, raising the value of its order backlog to $1.4 billion. Reuter
        Reuter  -  41 words
      • Article
        Lock icon New tanker for Burmah
        68 15 Reuter BURMAH Gas Transport will add another gas tanker to its fleet of seven now already under contract to Pertamina, the Indonesian stateowned oil company, for Indonesian liquefied natural gas (LNG) shipments to Japan. An agreement for long-term use of the vessel was signed in Jakarta
        Reuter  -  68 words
      • Article
        Larger Panamanian ships
        124 15 THE Panamanian shipping registry is continuing its growth, with newer and larger ships amounting to 3.6 million gross tonnes added to its fleet in the first eight months this year. This compares with 2.2 million tonnes for the corresponding period of 1980. Total tonnage of Panama's registry
        124 words
    • Article
      INDEX TO ADVERTISERS
      682 15 Shippiag Liae Pi(e Achipelefo Shpf VI 3 Ate* VI a Afro-Eurasia VI s All trans vn 4 Aipac VI S Angkutan VI 4 Anions v* V 3 ANL I 1 APL m W Argentine IV 4 ASCL m 1 Asia Merchant VI 4 Austasia Liar V 1
      682 words
    • Article
      SHIPS IN PORT
      338 16 AUUVAU KEPPEL WHARVES Kusu Island 13/14 Marui Maru (2200 tide) 27 Niaga XXI (0700) 28 Regina Maris (Passenger) (2100 after Hel) 1/2 Rajah Brooke (0930) 21 East SA Alphen (1100) 45 Tutong (1300) 30 CONTAINER TERMINAL Areti 53 Bunga Permai 51N Fathalkhair 53S Family Ace 54S Kansai
      338 words
    • Article
      Container Schedules
      984 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL. Vessel's Name Voy Kstimated No. Time of Arrival Date Time Shipping Lines Gdn Mode of Operatn Unlcon 698 *****1 2300 Jenhol 19/81 29.10 81 Korean Jacewon 11E 30.10.81 1100 Macol King 173 30)081 1200 Ever Harvest 8913E
      984 words
    • Article
      LONDON FREIGHTS
      1718 16 ACTIVE time-chartering featured the freight market on Friday especially for vessels with US delivery. Chinese operators secured a 26,000 tonner for fertilisers from Tampa to China at U557,355 daily, and a 33,000 tonner paid ***** daily for a voyage from New York to Japan with scrap. A vessel
      1,718 words
    • Article
      Lock icon US officials investigate accident
      300 17 UPI A CRIPPLED British vessel ■Jtrhich rammed into a Japanese freighter in the Yucatan Channel arrived in Miami on Sunday and federal officials have prepared their investigation into the accident, which occurred in almost ideal weather conditions. «.The crew of the 180-metre Japanese cargo carrier £rriya
      UPI  -  300 words
    • Article
      Intermodal rail yard
      91 17 THE US Port of Tacoma has officially opened its new intermodal rail yard facility, the first of its kind on the US west coast. The new U5|720,000 facility consists of new ladder rail tracks aggregating 3,740 lineal feet completely paved for operational equipment. It is an integral
      91 words
    • Article
      SHIPPING EVENTS
      339 17 TANKER If—a— aii ecwries October 19November 23, a series of evening lectures, City of London Polytechnic. ClsssMltstlsn and Mp wpttli sI fits ting ptiw plants November 2, Institute of Marine Engineers, London. Paaseager Alps today November 4, Royal Institute of Naval Architects meeting, Weir Lecture 'Hall, RINA. Refrlgerattoa
      339 words
    • Article, Illustration
      Hapag-Lloyd to set up own company in UK
      460 17 THE changing pattern of world trade and the increasing risk of conflict of Interests has resulted in West Germany's leading liner shipping company, HapagLloyd AG, deciding to set up Its own independent company in the UK. The new company will represent all
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    • Article
      SHIPPING LIST where your ships are due...and when
      1154 22 BCHEDM.E 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
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    • Article
      The Consortia
      184 22 THE MAJOR shipping consortia operating between the Far East/Europe, Far East/Persian Gulf, Straits ports/Australia, Straits/Japan and the 1 member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Orient Overseas Container Line. Cho Yang Shipping. ANBO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. J Nedlloyd Lines. Neptune Orient
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    • Article
      SHIPPING EVENTS
      48 22 FROM PAGE ID London Press Ltd, 16-17 Bride Lane, London EC4. MutaetM China tl December 10-16, international marine seminar and exhibition, Shanghai. Part sf Bittwiim December 14, Chartered Institute of Transport paper. Royal Commonwealth Society, London. December 1448, Lloyd's of London Press seminar, Tower Hotel, London.
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      361 15 PIL GROUP SCR TICK TO SOUTH BAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. $00 Page V 9 ■A i> CONTAINER Sekedales n SVPBI* Pert •••••••••••••••••••♦••••••••••••••••••a u LONDON Freights V i n/m SUPPING Events m/Vffl SHIPPING Schedule M VIII REGIONAL Weather Vm 1
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      Page 15 Advertisements Column 2
      195 15 HSEALORDH x v UASC UNITED ARAB SHIPPING CO SAG EXPRESS MULTI-PURPOSE SERVICES S*pire| Loading for Kuwait (19/12), Damnum (22/12), Doha (25/12), Abu Dhabi (28/12), Dubai (31/12) Abu Dhabi (30/12). Dubai (2/1). iubad I (5/1). fl Damnum (8/1), Bahrain (11/1), K» I wait (14/1) FULLY CONTAINERISED SERVICE !E^ST! mM m ■M
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      268 15 f*k' BAIT-ORIENT LINE *TTTfe. Baltic Shippin( Co Jttfutar Sarvicts Iran South East Mi to IMtod Kingdom and JM CantMal Pwt» Agont: Singapore Soviet Shipping Co Pt# Ltd Tok *****3 MAERSK LINE IMPORT FULL CONTAINER SERVICES FROM: EAST CANADA, U A ATLANTIC, QULF, PACIFIC l onftmh rviirr—■■mrr'y NUT ARRIVALS MAERSK M
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      978 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHA WISMA MISC, N0.2, JALAN CONLAY, 7 P.O. BOX 371, KUALA LUMPUR 044)9, MALAYSIA. TEL. *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE FaaMr f Ma* Vessel S pace I. PCNAGA SM B PtRMAI a Port I DAHLIA 6/11 K.KOMKAN 10/11 A UNAGA 13/11 NHON
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      225 16 SUPERCARRIER SERVICE FROM: U8 GULF US ATLANTIC EAST CANADA J VU VU VII VII wu wu -mm *wu -am Zm »vu wu -n/u in VI "VI VI VI VI vi vi «vi vi an *M/U IVU IVU ZVU M/U X/U vu 7/11 a/u in m ym vu vi vi vi
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      639 17 The Straits Steamship Group OCL Overseas Containers Limited CONTAINERSHIP SERVICE TO UK CONTINENT STRAITS SHPPMG "iinQapoio to "iihth. jirtwifc. Brunai Portland Bangkok rtrn pjum M/U N/11 U/U 13/11 a/11 a/u M/U M/U CIMM lm a/u a/11 «/i2 a/u It/12 U/U U/U IVU 17/U U/U B/U Jl/U wu nji •i/i tvi
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      229 17 fZb Franco Belgian Services "W| Wiw IMp UMn PMaa Ttm MM MM MM I7M MM 7M Tfe. MM MM MM BM MM 12M MM MM MM BM 27 M MM I7M MM S£ #rt ,B am> MM MM IM 1M IM (M MM MM C.M.C.R. v,»» *t Y.mims i: Optorg
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      353 18 '71 rojgyHEwrt fit— 9*l Hapag-Uoyd Bhivm Mm/ «/ti 13/ l* W/ll 11/12 ii{ i ,/12 w/1? 72/1? »/12 Jl/12 i/j j/i to CMMM/WiST NOES HMtarf' m n S>m|W 12/11 1//11 19/11 22/11 14/11 21/11 22/11 2S/11 23/11 25/11 1/1 4/12 M I Tmm TMm N/ll I VU «/U 7/n ii/ii
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      281 18 KOREA LINE CORPS WWTS: STORE CROHN MARK CO (PTE) ITB TEL: *****H (4 Urn) TERMNAI OFFICE 222M21 *****71 SUB-AGENTS: P. KQ.AMG fCRKVM.AN GMONC TMOR TEL: 72JOK/HC *****) FENANG MERMTKMU SMPFM6 AGENCY TEL: *****3 XIU3 X 4> cn a n ILmL fj Jjj I 9- Alqpfa" Nalion.it I >"#> STORE KIM
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      326 18 EVERGREEN LINE MR f AST FUR Off CONf AINTR SfRVICf jgjii- JJWWW i, EUROPE FAR FAST CONTAINER SERVICE +rm W ii/i) ivii 17/u ivu a/11 un ivu 11/11 mu a/u a/u n/u a/n M M/U *7/11 a/u VU l/U l/U 1/12 FAR FAST MEDITERRANEAN SEA CONTAINER SERVICE Li MEDITERRANEAN SEA
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      331 18 Everett Lines Wma hm Fto Star 3*ppm% Carf* ÜBk "BURMESE NATIONAL LINE T LOAOMG FOR F SS C AmtKi n Matayvo BOUSTEAO SHPPMG TO. NOS KL *****1/4174*3 14/15 Nr "MEXICAN NATIONAL LINE' FM EAST/NEBCO ft GOITML MBKA SMS INI tew* «f U*« M ICMOMC H» EMOWM. HP—LP. ACAHACO ACMfIU. COMTO
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      80 18 lao.s.E. OCEAN SHIPPING ENTERPRISES PTE ITO IO SANKYO LINE japan/stouts samcc P.Uri 54/11 4-7/11 1-7/11 74/11 11-17/11 11-17/11 M-a/u M-2VII »31/11 31-1/12 24-27/11 24-27/11 ia mi i4t/7 SUN UNION LINE u-ii/u ■l tmmn Imxn** lW ■■t KMT Ml B: ZZ2MSI/3 WMiMILI m 4MM4/4M7M w* jWhtß-re/vm l M C7M ft um""
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      626 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HOOEIOAH, JEOOAH AQABA (Reefer Cntrs Acceptable) EE 14-16/11 19-20/12 22-23/1 21-21/11 24-29/12 27-20/1 Accepting LCL Cargo to Colombo A Aqaba. S E A. Container Feeder Service SINGAPORE/PT KELANG/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS EAST AFRICA/REDSEA SERVICE I ac MMjf in PJWmi Nhmi KOTA wSkrnr CANAVA
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      559 19 ir m-. BEN LINE CONTAINERS EXPREss CONTMO SERVICE TO/FROM EUROPE y BWW S port f MaafW Carina*? »*l vu VII M/il •■"to 11/11 IVU vu ■tofcto a/u IVU a/11 11/12 a/u a/11 iJ/u FratoMEapraat VU VU JVU Mtoi ivu a/u I** to U/U 1/1 H-WK »HA*J» MM MMKSOTQN AmtnaAahwf Franct
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      488 19 r^~ I ,ll Scan Dutch V WEEKLY EXPRESS CONTAINER ED/UK/NC/SCAN SERVICE nrnu at I 04M.M VU I ffmu 13/n mu a/ii > HMU 27/11 am* vu lIDKt 11/U I ONU IVU KMC* TV 12 jl l' i k f£ i i: 74/11 2VII 1/U 1/17 1/17 11/17 IVU 17/17 72/17
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      455 19 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS ■DEPENDENT SERVICE TO (JK/CONT (ACCEPTING CONTAINERS ONLY) I SPORE R'DAM HULL HMBG FORTHftANK 5 Nov 4Dk 7Dk 30 Nov CORABANK 17 Doc 11 Jon 15 ion 18 ion SANTA FE 3 Jon 29 Jon 7 Fob 3 Fat (Doop Took Spoce Avoiloble) Lykos/5> Unes
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      562 20 K line KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA ir FBHKSLS* n 9 rn lanlNM* t/U 7/11 12/11 11/11 Mi KM C7B (VESSELS 11 u Ami 23/11 4/12 24/11 Mm 21/11 W M/ll »/l? Err j ARABIAN GULF MX ¥03/180.. Mtf *15/180... M/U Dubai Dwn'm 13-13/11 Dubai,
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      482 20 CALEORNU/PACEIC NORTH WEST SERVICE EXPRESS CORTARER/REEFER SERVICE U(*R tar LOB MRUS. SM FRANCISCO. WTTIf. TACOMA VANCOUVER. AC Ac«M*l FO/FCL CoMtan ■«r mt Tsr vc AUSTRALIA EXPRESS COHTARER SERVICE Amp*! FCL/FCL tabtan Sport MM AM S»4 AMko#s Mr SRn I ft» 19Rm Kfln IDk Fna 1/2 OK 170k Irt »w tec
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      298 20 "i (>r<niiij; SINGAPORE SHIPPING I: AGENCIES PTE LTD 2CTMHOOR OCf AN BUILDING SINGAPOMf 0104 MARKETING *****? (3 I INESI *GE N E MAI 91 3 111 >14| IM S TERMINAL OFFICE *****81 TELEX RS?4s9*> MS ?S6feB A B CAHSMIf CAHI E CAHGOSMI*iHlnJtf lloiitiiiiier I jiics WEfcKLY CONTAINS H SERVICE to/from
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      490 20 KORINS MARITIME SERVICES™ Room 601 ICB Building Way S<nqapore Tel 2?1 6.12? A 22P5367 P Kelang Tel *****4 *****5 MIDDLE EAST/RED SEA/EUROPE SERVICES Sport P. Reta* Laadhf far KOSTM 7 Nov A VESSEL 7 Nov Bandar Abbas/B Khoman BUNGA VANDA 10 Dec Bandar Abbas/B. Khemeri Yvd'*T7 utxdae Shipping Co. lid.
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      437 20 INTRASEA (PTE) LTD S J J* 1 f 1r ..V Sinq.ipor*- jJ< w i' i t f v t BREAKBULK SERVICE TO EUROPE/UK i| t>n P. Mag IMM 4KM tec 4Dk Ua*«tar NANTES/BOMLOMC/ nw*/n*m mtm/mmomj FULL CONTAINER WEST BOUND SERVICE hPart MM^UmmlVnln/ MFFI WHS. A. FDOJTY WBII7 ZfNn -4aA. ENKAVOUi
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      659 21 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUB): N JADE 4 II 0 CHEF 27W+ I. MCmON 151 V k. mam 12W C. CQVTMO 14W... m CONTAMER 2tw. A CONCORD TH Abo accepting car|o to/from Scandinavia 0 CHEF S'pore CJosm| Times: FCL Carjo LCI Cargo FKOM EUROPE (VIA SUEZ)
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      346 21 MALDIVE LINES mm promoter Loading For Hodeidah progress Loading for Dubai/Dammam/ Kuwait MAiDWE MAGE Loading for Adan/Mukkala MALOWE IBGHBOUR Loading For Jeddah/ kbouti MAUXtt NAVIGATOR Loading For Muscat/Dubai/* wait MNJNK NATION Loading For Karachi/Dubai/ Dammam/Kuwait MAUXVE LOYALTY Loading For Mate haldive mma Loading ForJeddah MALDIVE RTORTEA Loading For Mate FORVXRUNGS
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      480 21 SINSOV SM6APORE SO VET SHTONG CO PRIVATE LTD SNSOV BULDMG 55. Market Strott 0104 Telephone Numbers *****3 (15 Urn) Cat* Attess SMSOV SINGAPORE Tofci Number* RS ***** IB ***** RS ***** t. mm Wi 9MMMT MM MM Ml M IST AND 2ND FLOOR NO 1. MIAN CEITENNG. POST WANG KMLATSW
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      3 21 PEACE LK JJU,
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  • Page 22 Advertisements
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      186 22 EGYPTIAN FLAG IT m CAIV/llVfll 1 IKII vymi v 11 um i. BULK TIMBER PLYWOOD SERVICES authority shipping sno trading pte ltd NAGATIJAM aiitNS' SDN HHD 8L WOOD LINE Bulk Timber and Plywood Service UK/CONTMENT SERVICE Vfmt PUhi T(JM ILL LM*|kr I SU> bhrt SID SU> NMIB/MN 5/11 7/11 hM
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      Page 22 Advertisements Column 2
      126 22 TL SAUDI Z LINE Regular Conventional Service TRANSTIMBER LINE BULK TIMBER SERVICE ICE MACK LINK £2 lii 1 11 11,' J OCEANUS SHIPPING AGENCY PTE ITD 63A Ist Floor Anson Cenlre Singapore 0207 TL BS IM4S QSAI !el .J? > lirv TITIMAS SHIPPING TRADING SDN BHD (UNLOAD EXPRESS SERVOS TO
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      295 22 K LINE KINKAI ZES2SEESE22EZ KAII JAP AM/STRAITS/JAP AN FuMy Containerised Service Vasal Tokyo Rote S port Pmaat P. Ketan( S port Tokyo tote i nan n sm m p«t 5/11 c/n i/n 19/11 21/11 KHSTM VI M M 11/11 13/11 M/U M/U 11/11 21/11 MHMT 111 11/11 IVII 23/U 8/U
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      244 22 ft JOHORE SHIPPING 153 JAL AN TENGKU BADAP POR t KELANG SEIANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD Express Unrttoad Servce front P Manf k East Mabysa Brunei (Accepting carta tor patotoary m LPK Gdn Mo: 3 (So** fort) i BINTULU yy CONTRACTORS SDN. BERHAD 37. PaniMKM ftaa4. fad** Srank, T«fc
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      27 22 M SUN 20-72 Nov N NWG 301 st Dec D Owa *«cnts MASSCO SMGAPOftE F«r FrwM Spact. phase cartact Tat *****K MT-OUBM r-OMMMN NAKAMURA STEAMSHIP CO I'D
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  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      141 22 fi Reel <t; N 1 S$J A LL c A a wta SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7JO AJfl. THIS MORNING. legend: R Thunder norm Temperature °C Hwcr Weather Wind direction with speed in knots Rain V-/ Wave height Cloudy Sky Surface winds are Indicated by arrows which fly
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