The Business Times, 13 November 1981

Microfilm: NL11390
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 107/1/81 FRIDAY, NOVEMBER IS, 1181 60 CENTS
    11 words
  • Article
    Former SIMBL man appointed by GSIC
    219 1 A FORMER managing director of Singapore International Merchant Bankers Limited (SIMBL), Michael A. Gleeson-White, has been appointed an adviser to the Government of Singapore Investment Corporation. Mr Gleeson-White will advise the Government on its investment strategy in Australia. The GSIC's policy is to invest
    219 words
  • Article
    Tin record
    75 1 THE STRAITS tin price in Penang hit a new 12-month record yesterday to close at M 535.74 a kilo, up 10 cents from Wednesday. Offerings, however, went down 48 tonnes to 180 tonnes. Prices have been picking up since July with the London tin market reaching a peak
    75 words
  • Article
    Germany accuses SIA of undercutting
    609 1  -  By AGNES WEE WEST Germany is waging a no-holds-barred campaign against Singapore Airlines, with the German director of civil aviation threatening to restrict the airline's schedule beyond Dec 31, unless it stop 6 selling discounted tickets in Germany. This follows months of hostile accusations by
    609 words
  • Article
    Builders still facing manpower shortage
    561 1 THE shortage of skilled manpower in the construction industry is expected to worsen in the near future even with the Government's liberalisation of work permit rules for foreign workers from nontraditional sources. This was what members of the building industry told Dr Tony Tan, the
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  • Article
    ACB and ICB lower PLR
    246 1 BORROWERS can look forward to a slightly easier time ahead as the prime lending rate at most hanir» in Singapore continue to slip. The latest to announce a drop in the .prime rate is Asia Commercial Bank (ACB) and the Industrial and Commercial Bank (1(33).
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  • Article
    Visbreaker project
    83 1 THE Singapore Refining Company (SRC) has awarded the construction of its US$45-million visbreaker project to Japan Gasoline Company (JSC) The visbreaker. Singapore's second, will be located at its refinery on Pulau Merlimau. The first visbreaker. coating $200 million, was recently commissioned by Mobil. The chairman of SRC, Mr
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  • BRIEFLY...
    • Article
      Lock icon Prime lowered
      43 1 Reuter CHICAGO, Thurs. First National Bank of Chicago said it lowered its prime lending rate to 16.5 per cent from 17 per cent, effective immediately. This action follows Chase Manhattan Bank which also lowered its prime to 16.5 per cent. Reuter
      Reuter  -  43 words
    • Article
      Lock icon Unpaid interest
      61 1 Reuter TOKYO, Thurs. <— Vietnam has' stopped paying interest to Japan on a yen loan totalling about 10 billion yen because of a foreign exchange shortage. Japanese Foreign Ministry officials declined to give details, but informed sources said payments on the loan, granted in 1978, were suspended last
      Reuter  -  61 words
    • Article
      Lock icon State income
      63 1 AP JAKARTA, Thurs. Finance Minister Ali Wardhana said today the government must intensify efforts to increase state income from taxes and customs in order to maintain or step up the country's economic growth. He said Opec's recent decision to retain the oil price at its current level in
      AP  -  63 words
    • Article
      Lock icon Soviet-made weapons
      78 1 AP TEL AVIV, Thurs. Israel's military intelligence chief was quoted today as saying that Saudi Arabia is supplying Soviet-made weapons to Iraq for use in its war with Iran. The Haaretz newspaper, in a report from Washington, quoted Major-General Yehoshua Saguy as telling an Israeli parliamentary delegation that
      AP  -  78 words
    • Article
      Lock icon No log agreement
      69 1 AFP JAKARTA, Thurs. The three biggest log producers in Asia Indonesia, Sabah and Sarawak failed to reach an agreement on uniform log trices at a tripartate meeting in Babau this week. Sabah Chief Minister Datuk Harris Salleh was quoted by Antara news agency as saying in Denpasar
      AFP  -  69 words
    • Article
      Lock icon Israelis assured
      67 1 Reuter CAIRO, Thurs. Israeli Cabinet ministers, alarmed by growing support for a Saudi Arabian Middle East peace plan, said today they had gained a commitment from Egyptian President Hosni Mubarak that he would stick to the Camp David agreements between the two countries. President Mubarak spent an hour
      Reuter  -  67 words
    • Article
      Lock icon Assassination bid
      61 1 Reuter PARIS, Thurs. Acting US Ambassador Christian Chapman escaped an assassination attempt when a young gunman fired six shots at him from close range today. The man, described by Mr Chapman as "very much a Middle-East-ern type," ran away after the attack on the diplomat as he left
      Reuter  -  61 words
    • Article
      Lock icon World Bank advice
      35 1 UPI MEXICO CITY, Thurs. A World Bank official promised his organisation will help poorer nations pinched by the energy crisis, but said the aid would consist primarily of advice, not money. upi
      UPI  -  35 words
  • Article
    First Asean-CCI step to form trading arm
    777 1  -  By WONG AI KWEI A CX>MMITTEE was formed yesterday to study in detail the setting up of a trading company called Asean Trading and Investment Corporation (ATIC). The Asean-CCI council appointed Mr Jose Coocepcion, fro» the Philippines, as chairman of the committee. The
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      240 1 s<pr Bookshops mm CHOCOLATE Products (M) Sdn Bhd may soon be listed on the Kuala Lumpur Stock Exchange Page 14 AROUND $20 billion worth of savings were kept in fixed, savings demand and other deposits with banks and finance companies here in September, some $4 billion more than the year-ago
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    • Advertisement
      Page 1 Advertisements Column 2
      39 1 BALLY Made in Switzerland "The Best of Bally" Over 125 years of Swiss Craftsmanship, flair for fashion cokxir and design, have given Baity all that Worldwide reputation. Shoes designed for peopk for whom only the best is good enough.
      39 words
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      Page 1 Advertisements Column 3
      3 1 Leader ...page 8
      3 words
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      0 1 )<'+/-/@&.{+},_/-;|,._^*[&{?[._
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      172 1 Msundhig copy quaWy. Ami (WHNty. VlrJ *M. Tmr -^*m c/ > w *~<4 <a wk MM Wishful thinking? No! Wayfoong thinking You have enough to live comfortably by from day to day. But what about your dreams of the future a new car, a trip overseas, your children's education? A
      172 words
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  • BANKING AND FINANCE
    • Article
      Savings in September up 20pc
      429 2  -  By LEE YOKE MENG AROUND $20 billion worth ~of savings were pat in fixed, savings demand and -other deposits with banks 'land finance companies here --in September, some $4 bil- Bon more than the year-ago level. These estimates from the Monetary Authority of Singapore's latest
      429 words
    • Article
      Canadian bank set up in Beijing
      116 2 in «K are gsed ippsilsal ties far baaklag fcsstaesa eeeasay. saU the ehsJrmaa sf the Rsysl ■ask, sf Canada, Bawiaad Speaking at the opening sf the RsysJßaak'a representative sfnee In Beijbg, he said China's canent eciinlc as**"raftdju*nieat", ander wWeh eaatraeti wsrth sasre than UBsl
      116 words
    • Article
      PNG venture
      34 2 THE Bnnfae de LladeeMne et is 9nea, Lisyds Bank and the fliagfcing; and Shanghai the Reserve Bank sf Pane New Galaea as pmlM> partners with lis Iseal lastttatjsns In sstshllahlng a new
      34 words
    • Article
      Lock icon Expected fall in US$
      412 2 Reuter THE US dollar is likely to fall by between 10 and 15 per cent against the mark and other strong European currencies in 1982. Mr Jeffrey Mizrahi, vicepresident and director of investment research of the Bank of America, told a seminar organised in London by
      Reuter  -  412 words
    • Article
      SUPER GOLD MASTERCARD
      369 2 LONDON-BASED Midland Bank will launch an exclusive premium credit card early next year that is more attractive than any of the other credit cards now in the market. According to Mr John Brooks, director and deputy group chief executive of Midland Bank, London, the new "super" gold
      369 words
    • Article
      INVESTING IN AUSTRALIA
      106 2 TO MAKE It easier for small British investors to participate In Australia's growth, Lloyds Bank is introducing a "New Australia Investment Trust" (Nalt) with an Initial capital of £5 million. The bank said it was Inviting subscriptions to an issue at five million ordinary shares at a
      106 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        392 2 EXPECTATIONS on the local foreign exchange market of lower interest rates weakened the American dollar against all currencies yesterday. Against the Singapore dollar, the US dollar opened at 2.0670/80. Heavy selling in the market pushed the rate down and the US dollar closed at 2.0600/ 10. teawk-MHI/un Two
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      • Article
        Gold
        260 2 SINGAPORE gold futures yesterday dosed lower compared with overnight levels after fluctuating marginally throughout in thin trading, dealers said. Total aalea for the day was recorded at 78 lots while kerb volume also at 78 lots, they said. Prompt dosed weaker at USS4OOO/414j0 an oance against 414J0/418J0 on Wednesday,
        260 words
      • Article
        Silver quotes
        26 2 New York MM UB UH MB 178 MB MB Wat O-HFk MSB tn US c 758 toUars a troy ouno Source: Credit Suisse, S'pore.
        26 words
      • Article
        LONDON
        245 2 THE dollar in London yesterday was slightly weaker in quiet early exchanges dealings, with interest rate considerations again foremost in the absence of other new factors, dealers said. They said activity is still restricted after Wednesday's holidays in France and Belgium and the closure of major New York banks
        245 words
      • Article
        PLR
        22 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 14.6 per cent.
        22 words
      • Article
        ASIAN $ RATES
        150 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on Nov 12. Closing Asian dollar certificates of deposit for prime names on Nov 11: sjliiii U8IMkM<8Mt) Offer ttT 13* 13* 13* 13* 13* 13* 14 13* 14* 14 148/U 143/14 14* 14* IwM tab 1 month i S months
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      • Article
        Discount
        42 2 RANGE ft i ptam mm No 12: «d fer OMmgkt: Khlt to: Mt»H 1 ■5ts i 3-month TraMory Ml Ua n 3- month Bank MM* 11 m 3 month* CD 11 m B months CD 11 10* Source: National Discount Co
        42 words
      • Article
        HONGKONG
        132 2 THER US dollar in Hongkong yesterday declined against mast major currencies is quiet, late trading, dealers said. The market was featuriesa but in Hne with the Tokyo tread, they added. The US unit fell to 2J055/ marks from aa early 2.2111/20 and overnight 2.2100/20 in Chicago, while sterling rose
        132 words
      • Article
        Tokyo
        154 2 THE US dollar for oversight delivery in Tokyo yesterday closed easier at 227.35 yen after a 228.30 opening, dealers said. This compared with the 228.00/25 finish in Chicago overnight and the 229.00 close in Tokyo on Wednesday. Trading was moderate with a volume of $1-10 billion. The dollar weakened
        154 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      390 2 V»- v-i NISSAN STANZA TheThieMeani u > V 7 A' wsy».u g >*»»» 1 m&m ■K: v f -A ML f :i- tmi I hm* STANZA US* y g:0 y •..#> ■.< Performance Is more than Just power and acceleration.* r 7/w Nissan Stanza is equipped with a new CA
      390 words
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  • TRADE AND INDUSTRY
    • Article
      Company to bring in IBM personal computers
      281 3 COMPUTERLAND a< Blaga- para, a truchlMe af Cemwlwlißi Carp at 8m Lata--7 ire, Cyhnfe, will be Magteg late the IH f niaiaal nwpalu i, rtkplv ait, "'yCirtl prteter mI aterage Mm) «dmM either aft the mi at Mm ymr ar early aext ymr,
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    • Article
      Robin now distributor for hotel software
      160 3 ROBIN Informatkn Systems v Is now the Asian distributor of both the Teletste hotel systems and the Champs computerised hotel software package. Tills makes it the only single-source supplier of a completely integrated hotel management system in Singapore. Teleste Hotel Systems of Finland has
      160 words
    • Article
      NEW VITB MEMBERS
      132 3 Dr TAY Eng Soon, Mlnister-in-charge and chairman of the VITB, has appointed five people to be members of the Board from September this year to March next year. The new members are Mr Urn Ming Seong from the Ministry of Defence; Mr Tan Jee Say from the
      132 words
    • Article, Illustration
      FELS delivers rig ahead of schedule
      314 3 FAR EAST-Levingston Shipbuilding (FELS) haa announced another successful completion and delivery at a Jack-up rig 40 days ahead of the contractual date of delivery. FELS' latest delivery involved the Zapata Sovereign, ordered by Zapata Offshore .Company of Houston, USA, at a cost of about
      314 words
    • Article
      TRADE TALK
      536 3 A BREAKTHROUGH by a microcomputer manufacturer into a wider market of users has been attributed to price and simplicity. Manufacturers working on this basis are beginning to turn out models that now cost only about as mucfa as electronic goods. One of the newest entrants is the Commodore
      536 words
    • Article
      Hardware exhibitors expect to clinch deals
      381 3 EXHIBITORS at Asia's first International Hardware Expo at the World Trade Centre expect $8 million worth of business generated from the exhibition. This is based on contacts made at the exhibition and ensuing business expected for the next 12 months. The hardware exhibition, which
      381 words
    • Article
      CommunicAsia show
      79 3 SEVENTEEN French companies will display their products at "CommunicAsia," the international^ixbibition£* communications products which will be held in Singapore from Dec 9 to 12. The French Telecoms' stand at the exhibition will present a variety of "telematique" products which combine computer technology and telecommunications, for both home and
      79 words
    • Article
      Trial runs on PCS project
      343 3  -  By LOH HUI YIN TRIAL runs on the J2 billion petro-chemicai project on Pulau Ayer Merbau will start when the main naphtha/liquefied petroleum gas (LPG) cracker plant is completed in August next year. Mr Akira Izui of the Petrochemical Corp of Singapore (PCS) said the
      343 words
    • Article
      Growing demand for DIY
      172 3 THE MARKET for do-it-yourself (DIY) products in Singapore worth f3 million is small but growing This is the concensus of companies dealing in such products here. Mr Victor Boey, area sales manager of Black k Decker S-EA Pte Ltd, said, "Demand for DIY products is increasing
      172 words
    • Article, Illustration
      Philips word processor
      91 5 THE new Philips P5003 word processor, introduced in Singapore this week, boasts of several features which Philips make it more comfortable to use and more versatile. The keyboard is separated from the video display unit, which makes the VDU adjustable for each user. It has flexible disk
      91 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      155 5 CITIBANK has promoted Mr Tay Kak Ckye from manager to assistant vice president and Ifr He He Peng from assistant manager to manager. Mr lay joined Citibank in 1974 and is a senior accounts manager in corporate banking. Mr Ho has been with Citibank Singapore since 1972
      155 words
    • Article
      MEMO PAD
      640 5 SEMINABB AND 00UB8BS Nov 13-14: Everything you wanted to know about Word Processors but were afraid to ask, Oberoi Imperial Hotel, Sterling Communications Nov 16: Seminar on. Safety for Petrochemical Plant Operation, Holiday Inn, National Productivity Board v Nov .16-17: Finance for non-financial Managers, Hyatt Regency, Price Waterhouse
      640 words
    • Article
      Prospects for career engineers
      123 5 FIRST year engineering undergraduates will be able to find out for themselves Job prospects In that sector wben they attend a seminar on "Career prospects for practice-oriented engineers" organised by the Nanyang Technological Institute 'on Nov 21. Experts from the private and public sectors win address
      123 words
    • Article
      Discount Fair
      63 5 THE biggest local consumer fair, Discount Fair H, will be held (ram Dec 15 to Dec 30 to boost the —1— of mainly wrfir. tured products. A wide range of products, including cameras, office furniture and clothes, will be oa sale at the fair. The fair, to be
      63 words
    • Article
      Construction process defies the weather
      365 5 NEXT year the construction industry may not have to worry unduly should they face an onslaught of rainy days. A new kind of construction material, the "instant" concrete slab, will be manufactured here by SL Precast. SL Precast, a subsidiary of the Sim Lim group
      365 words
    • Article
      Barnes to invest in spring plant
      347 5  -  By WONG SOUK YEE SPRINGS do not travel well. The American Barnes group Is therefore building an 10 million spring manufacturing plant In Tuas, Jurong, to cater for the Asia-Pacific market. Aaeodated Spring Asia, a member of the Barnes group, has bought from Jurong
      347 words
    • Article
      ASIAN MINING '81 AT WTC
      147 5 SOUTH-EAST ASIA'S first international mining, tunnelling, and quarrying exhibition, AsUa Mining TO. wffl be held at the World Trade Centre from Nov 23 to 27. One huwknd and thirty «ill display some of the latest tools and tectaoiogy for extracting and prospecting mineral resources. In
      147 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      314 3 SWISS TRADE DELEGATE IN SINGAPORE J&Ȥ2 uth Asia of the SWISS OFFICE FOR THE DEVELOPMENT OF TRADE, Mr. N. Toschkoff, will be in Singapore from November 17 to 20, 1981. His main objectives will be to promote commercial exchaiMes between Singapore and Switzerland and to contact Singapore firms interested in:
      314 words
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      204 4 HRsBsBI Pff m fWm mMMM ■k :£i'. jSMjm ex cm o2 > f?.'/ nbm*# wi»ii§& < :-x .v.« < '•••r i** •••>>>#•:*• v-.<> > > HPI r :*N V V^ > V ...,:!■> •>: v vi^V" wmmj. ■-■>- <~v r r I I 11 iH |V *> 9MRM 0 v
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      144 5 rjr -r -"c J YA< Stf* v>£ :> sr-J t ...J; tiT' at Ss j* v.-"-: "Nr's* i 'cvk 'f < -Zr'fi L if •>_. t \_s V vv A' V.5 W-S v' <*> J -lr Y v *v r •-1 v i -V!v'- 'j > "•>' if:'#- r?h IE
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  • OVERSEAS
    • Article
      Lock icon American Motors' appeal
      298 6 NYT AMERICAN Motors Corporation has asked its employees to forgo future increases in salary and benefits amounting to about 10 per cent of their current compensation to help the company through its financial difficulties. Officials of the United Automobile Workers Unkm (UAW) said the proposal would receive
      NYT  -  298 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      623 6 ARRIVALS Sorriee Local Operator Nuber Ti«e Proa AI PAA MAS IMA S1A MAS MAS RBA MAS MAS SIA CPA SWR GIA OA SIA THAI PAL SIA MAS MAS SN SIA KLM SIA OA MAS SAS GIA THAI SIA MAS SIA SIA SIA CAL ATLOT SIA SIA SIA
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    • Article
      Lock icon Export zone in Karachi
      444 6 GOOD RESPONSE Reuter THE PAKISTAN government is nearing completion of an export processing zone in which foreign and local investors can set up businesses without many of the restrictions imposed in other parts of Pakistan The 202-bee tare zone in Karachi is aimed at attracting local
      Reuter  -  444 words
    • Article
      Lock icon SUPPORT FOR STEEL
      306 6 Reuter THE European Economic Community Commission has announced its support for a new 12.5 per cent increase in EEC steel prices from next year. The Commission added it would open talks in Geneva today with the United States to discuss a series of law suits against European
      Reuter  -  306 words
    • Article
      Lock icon House backs Thatcher's legislative programme
      316 6 AP PRIME Minister Margaret Thatcher has won a House of Common's vote of 902 to 250, backing her Conservative government's legislative programme for the next 12 months. The comfortable 52-vote majority in the 635-member Howe was on a motion by the Laborite opposition criticising government
      AP  -  316 words
    • Article
      Lock icon Use of oil products falls to 2.38b tonnes
      275 6 Reuter WORLD winmpttoa sf sll pnhcti fell by aa estimated 5 per eeat last year to &J8 btlltoa toiiM, tht towest level la fear years, malaly beeaase sf aa 8 per eeat tall la esasampttoa e( ladastrial eaaatrfes. Cnie ell prleea reee
      Reuter  -  275 words
    • Article
      Lock icon Japan records US$2.l6b trade surplus
      145 6 UPI JAPAN registered a U552,164 billion trade surplus last month, raising to $7,535 billion the total surplus in the first 10 months of this year. The finance ministry yesterday said last month's surplus compared with the $2,325 billion In September and a $315 million deficit
      UPI  -  145 words
    • Article
      Lock icon Suzuki upholds defence policy
      521 6 UPI, AP JAPANESE Prime Minister Zenko Suzuki has denied that his country is getting a "tree ride" at the expense ofUS security. "Japan is making a large contribution to peace and security of the Far East on the basis of the 1960 security treaty with the
      UPI,; AP  -  521 words
    • Article
      Lock icon Main problem areas for Hongkong
      390 6 Reuter THE MAIN problem areas for Hongkong's economy are the future economic performance of its main markets and the outcome of the negotiation on the renewal of the Multi-Fibre Arrangement (MFA). These were pointed out to the Legislative Council yesterday by the British colony's Economic
      Reuter  -  390 words
    • Article
      Lock icon HK invites tenders to develop central site
      190 6 Reuter THE HONGKONG government will invite tenders 4m the development of a IM7 square metre central mi* from today. The site comprises ttw existing minibus and has depots and the former ftat Office parcels office on the seafront in the central district, west
      Reuter  -  190 words
    • Article
      Lock icon Aussie deficit at A$144m
      259 6 Reuter AUSTRALIA'S balance of payments deficit narrowed last month to Asl44 million from September's upward revised $482 million shortfall The Statistics Bureau said the deficit is the smallest for (our months and compares with last October's surplus of $453 million. Net apparent capital inflow rose to
      Reuter  -  259 words
    • Article
      Lock icon Marathon will not give in to Mobil
      184 6 Reuter MARATHON Oil Company, despite being faced with a US$3.4 billion takeover bid by Mobil, says it is determined to remain independent. railing Mobil's offer of $85 a share grossly inadequate, Marathon president Harold Hoopman accused Mobil of high-handed tactics in trying to
      Reuter  -  184 words
    • Article
      Lock icon Six Gulf states endorse Middle East peace plan
      288 7 Reuter LEADERS of six Gulf states have endorsed Saudi Arabia's Middle East peace plan, agreed to turn the oilrich region into an economic common market and offered to help end the war between Iran and Iraq. The decisions were taken yon Wednesday
      Reuter  -  288 words
    • Article
      Lock icon Sweden best country in which to live
      410 7 AP SWEDEN is the best country in which to live, GuineaBissau the worst, according to a new set of ratings from the Environmental Fund. The fund's anmmi world population estimates this year also incorporate what is called the physical quality of life index.
      AP  -  410 words
    • WORLD IN BRIEF
      • Article
        Lock icon COMPUTER SOFTWARE
        423 7 Agencies THE Japanese computer software industry is pushing plans to import Chinese computer software to cope with shortage of software technicans in the country. The Japan Software Industry Promotion Association, with a membership of 120 firms, has sent a mission to China recently to sound out if it
        Agencies  -  423 words
    • Article
      Lock icon Chinese repeat warning
      158 7 AP CHINA has repeated its warning against the sale of US )et fighters to Taiwan, while US Undersecretary of State Walter Stocascl discussed international affairs and China-US relations, apparently stalled over the Taiwan problem. The official Xinhua News Agency said yesterday "this crucial issue" is a "litmus
      AP  -  158 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      27 6 X otOHL I m .0 tt !To,e ,WS 1 Nat^e Co^P a v A(jd feSS oou«°^rw?^£f>» s i <>« <° I bea^^wanKco^* 56 ric( Se?' "iSS^^rZ """oS'Lto^TiLwe i service
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      482 7 T> More room to stretch and fewer seats in our separate Business Cabin. Friendly, attentive in►2LlBol^^ 8 Cho,CB of main courses vintage wines and German premium t' Til St selection of liqueurs on any airline. And, above all, those qualities for which Lufthansa is famous, punctuality, technical reliability and generous
      482 words
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  • Article
    Private sector taking off soon
    395 8 THE ASEAN Chambers of Commerce and Industry been given a lot of adverse publicity in recent years for having no concrete achievements to speak of in its eight-year history. This appears to be unwarranted as achieving cooperation among countries with different cultures and at different
    395 words
  • Article
    Using less labour is the answer
    228 8 MANPOWER planning in a tiny city state like Singapore requires skilled juggling. Land and human resources have to be utilised optimally to ensure that the economy hum along smoothly and rapidly to reach progressively higher goals. The jugglers have to be particularly precise because
    228 words
  • Article, Illustration
    RICH, POOR COUNTRY
    1183 8  -  Government campaign to project new image of India India wishes to dispel its stereotype image Vof a country wallowing in abysmal poverty and surviving through charity. The government has started, reports MICHAEL KAUFMAN, a campaign to project India as a relatively rich and prospering poor country. MICHAEL
    1,183 words
  • Article
    Lock icon Devastating admission
    631 8  -  By STEVEN WEISMAN NYT DAVID STOCKMAN, Director of the Office of Management and Budget (OMB), has become the focus of a major controversy as Democrats attacked him for reportedly admitting that be had stopped believing in the efficacy of the Reagan Administration's economic theories and projections. Stockman's admission,
    NYT  -  631 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      643 8 CRYPTIC PUZZLE fT ACROSS 1 Of which there's a record American throw (6) 7 Drama session for young children? (8) 8 Land of Hope. Rule Brttan- jf nia, etc (4) 10 Not-ao-tame BiQy (C) 11 rm so inaet when mother's out of this plant (<) p 14 Help with a
      643 words
    • Miscellaneous
      Page 8 Miscellaneous Column 2
      614 8 mm -.=w Forum with Kissinge J TONKWTB FrHmy Bmekgrmmad (eitaiil I at SJCZ act Sis XX s -r-V— I) lie«rMr>tei a tag bm wM> Dr Mi) Kiss- Car lb* k imnekgr X V* 4• li *MMVI to TI-I-II fl «f skill ft HE Amerlema star. Dnmm (Part 1) (ckaaael t
      614 words
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  • Article
    Closed skies over Frankfurt
    1481 9  -  By ROY MACKIE WEST GERMANY has always publicly declared itself in favour of a laisser-faire attitude to trade. Its national airline, Lufthansa, has always held itself out as a firm believer in an Open Skies policy for air travel. But if you want to hear a
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  • Article, Illustration
    Lock icon No place for the generalist banker
    1267 9  -  The UK head office of Barclays, Britain's biggest bank, is undergoing a fundamental restructuring. Bv WILLIAM HALL FT WHEN YOU are the most successful clearing bank in the UK and one of the most profitable banks in the world, there must be a temptation
    FT  -  1,267 words
  • Article
    Lock icon SHARES WITH LOW MARKET VALUE
    308 9 NYT NOT SINCE the bear market of 1974 have so many quality companies in America sold at share prices so low that takeovers could be financed with their liquid assets. There are perhaps 300 such companies today, 1 compared with 500 at the end of
    NYT  -  308 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      130 9 /Atl-njt-LU I OFFERS Yoa A 'BONUS' RUSSIAN HOLIDAY enroute to Europe Aoroflot operates 3 (lights weekly on Mondays. Wednesdays Fridays from Singapore to Europe via Delhi and Moscow. Your stop-over In Moscow is the beginning of your 'bonus' Russian Holiday. < See... Moscow, the capital of the world's first socialist
      130 words
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      Page 9 Advertisements Column 2
      358 9 PUBLIC AUCTION UNDER instructions from the receivers AND MANAGERS GOLDEN CITY PLYWOOD (PTE) LTD SALE OF LEASEHOLD PROPERTY, PLANT AND MACHINERY SINGAPORE Preferera will be given to safe of all assets as one lot, failing which items in (A) and (B) will be sold separately. Items in (A) will be
      358 words
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  • INTERNATIONAL STOCKS
    • Article
      Higher finish
      936 10 NEW YORK NEW YORK STOCKS closed slightly higher oo Wednesday with takeovers providing most of the action in a market otherwise burdened by concerns about the economic outlook. The Dow Jones industrial index was lower most of the day but a late rally caused it to close up
      936 words
    • Article
      TORONTO
      90 10 NOV 11 a AMUM A Iran a H 1 H imrt Algoeie Bank llMt ft -ft f W TO? 4ft BPCmn Lid ft ft J ft ft Cmrtinf OXttft M .ft Corninco M -ft 1M k Iji." 1 *B n—tfrnn ft St Don StorM 1SH .ft ll.j— i i
      90 words
    • Article
      JOHANNESBURG
      113 10 NOV 11 I tend INDUSTRIALS A A Info* m UBCtl Alma A* And m m Hi -M -J Aictr B*rtow> Corrt* nunct Dt Inn lad 3360 10H -uo iaoe m m mm m uacti Zdfua 1 Ittmli Pad Vott rtmn Ornammm OMninl uacb uach iSS Huwtu tm Utartr ~M
      113 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      225 10 "The American Express Card serves you well, wherever good food is served'! 1£ i i Get away to Sentosa with family and friends *2 3 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
      225 words
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      Page 10 Advertisements Column 2
      123 10 See Page 11 for European markets and Page 13 for Aeian stocks f'or biiihiih'ts f (>f C( i!.< ;»;> Of/itT tli>N.S < )f f,t'vs 'incsst' rur)ct!i -Ms >r up t< >J) .^tu'sfs International n.t'nis ro j,». .•>«• Complete ranye < if aud:< > '.'suu. eqnipme' l A'np'e park.nq sp,j<v i
      123 words
    • Advertisement
      Page 10 Advertisements Column 3
      99 10 ii\ i; (o\n\i \is f v i r i 3Qrrbpereial A IVlerlinGrfll Speciality From Mongolia comes a barbecue more succulent, more 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
      99 words
    • Advertisement
      Page 10 Advertisements Column 4
      150 10 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.
      150 words
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      Page 10 Advertisements Column 5
      36 10 s, that the jsexp** the Godcpit Hotel, ia Come and experience 'Wc Tuesday Night Fashion Show S 00 p 3fl.'uutri]uiu Art!? No Extra Charge Free 1982 Calendars Oractra 214 Duneamßoad. Singapore 1129 Tat *****48,*****22 Seafood Cove
      36 words
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  • RAW MATERIALS
    • Article
      Produce exchange
      183 11 CHINESE Prwtaee Exefcaage, 3 Stagtfm, mm eMi| prim 1 per 1« kg yesterday. CwMit 4k Bulk fob $108.00 seller*, old drum (in second hand drum) fob $122.00 sellers, new drum fob $126.00 sellers. Copra: Mixed (loose) $57 buyers. Pepper: Muntok white pepper fob Asta NLW $377.50 sell- ers,
      183 words
    • Article
      RICE
      321 11 SINGAPORE: Yesterday's closing prices in SS 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 I- 0.75,
      321 words
    • Article
      Straits Tin
      81 11 THE STRAITS tin price ia Penang yesterday rose II cents te M 535.74 a kiie, a IS menth trading high, bat still within the HFC upper sector range ef $34.98 aad $37.88, dealers said. The higher market was beested by Leadan's new tradlag high cleae with influential buyers
      81 words
    • Article
      CLOSING PRICES
      34 11 Rubber; Nov 12 Singapore: Dec: 188.00 cents (down 5.50 cents) Malaysia: Dec: 223.00 cents (down 4.00 centa) Tin: Mf 35.74 per kilo (up 10 centa) Official offering: 180 tonnes (down 48 tonnes)
      34 words
    • Article
      Lock icon Copper stockpile
      53 11 Reuter PERUVIAN Energy and Mines Minister Pedro Pablo Kuczynski said press reports Peru and Chile will establish a $150 million copper stockpile financed by Saudi Arabia are totally premature. He said the creation of a stockpile to drfend export prices will be discussed by Peruvian and Chilean officials
      Reuter  -  53 words
    • Article
      LONDON MARKETS
      737 11 'COFFEE: Robusta coffee futures yesterday traded very quietly within a narrow ..range during a dull morning. Small opening gains rejected New York's close on Wednesday but there was no -follow through interest and "physical offtake continues Slack. Robusta's ended the morning £2 to £5 per tonne higher after
      737 words
    • Article
      PALM OIL
      107 11 THE Kuala Lumpur crude palm oil market yesterday closed lower in featureless trading, dealers said. November in the south traded MJ2.50 lower at 1920 per tonne. 1 The refined market saw RBD olein and crude stearin traded at US$47O and $355 a tonne respectively for December. C.I.F. North
      107 words
    • Article
      RUBBER
      254 11 RUBBER prices in Singapore yesterday closed lower with December One RSS buyers quoted at 188.00 cents per kilo, down 5.50 cents from Wednesday's close, dealers said. Morning prices were marked down about 3.50 cents on stale bull selling and some forwards offerings, they said. Afternoon prices lost further ground
      254 words
    • Article
      RAS PRICES
      330 11 RAS price* In cenU per kilo yesterdayNoon (pn kilo) Beyers Sellers Int. 1 R.S.S. prompt fab 178.10 179 OON Int. 1 R S S December 191 0# ***** Int. 1 R.S.S January 190.00 199 50 Int. 2 RAS. 158 00 138 00N UK/Coot 157.00 156 00N lat. 3
      330 words
    • Article
      SSR and SMR
      112 11 NOON 88) it mi SMR prico yml Mttar KAS (Cvm Bmynt 1M00 184.00 >MMiWr iktr 1 MU) JuttfT < F»rm*r4 Mtfc) SSR20 SSRSO MIILB (l taa palbt) (1 ton palkt) 1 100 OON 1S8 00N Ba jrara iaooo 1U.00 Jmmmry 1(3. OON taoooN SMRCV SMRL SMR 6
      112 words
    • Article
      TEXTILES
      191 11 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cmttm yan: China Blue Phoenix 20i 2,600 32b 3,170, 40s 3,360 (per bale at 400 lbs). PtoM fMdS: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      191 words
    • Article
      WHEAT
      205 11 WHEAT futures in Chicago on Wednesday recovered late to close unchanged to up one US cent a bushel in mostly local trade. Traders said once prices penetrated the December based $4JB support level on the downside, locals were caught short and most positions rallied to the plus side. Exporter
      205 words
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        140 11 W A o» 11 ■M rta KJt -AS A A k« SI KZV M unch Ai Aatfaa Aarotak ■■T" UJ u na -Aft -Al Hfl 9A1 101 a m neb Al o IkM MM U AS Oftlva Ocin Mi Mtl n.n <4 MM -li ISA* AS MJi .11 rt
        140 words
      • Article
        Zurich
        81 11 _'l 'TTiilT' 'TTfe# Oarllkon Buatu rta Br USD -M Br. re 31MB S10 S 5 -S -i» Rw MM uncb Br JM -U 53 Dorp US -4 37M MM MS -M -IM .4 r R«« MO -10 Union Bank Of 8*1 u. Br. MM -M Union Bank Of 8*1
        81 words
      • Article
        Frankfurt
        172 11 MOV U, Dm A*(-T*l«rviU«n HJI -U Akao »jo «U Alia Mm 1*0.00 5 Alls Van 462-<W -f 1 BUT ISM -U k)NT WtHk 1MJ0 -8 Bmr vbank mm -is •agar 1IMJ +*1 MfW ULM Caaaalla MOl» -2 Cbam Vtrw moo tU Coaunanbank 120MB -U OooU Oummi ttjo -13 Dalmlar-Ba&s
        172 words
      • Article
        Milan
        7 11 11 pipe vjV'rTf t ,S5 5
        7 words
    • Article
      Malaysian duty rates
      86 11 THE Malaysian Minister of Finance has fixed these rates for the period from Nov 12 until further notice: Ratter: 229 cents a kilo for RSS One; Capra: M 5570.00 a tonne; Palm kerael: $955.75 a tonne; White pepper: $3,300.00 a tonne; Black pepper: $2,200.00 a tonne; The
      86 words
    • Article
      SOYBEAN
      223 11 SOYBEAN futures in Chicago oo Wednesday rallied late oo local short-covering in the technically oversold market, to close down '4 US cent in spot November to up as much as 54 cents A leading exporter sold 2.0 million bushels of spot November in afternoon trade, resulting in trade belief
      223 words
    • Article
      Soybean price fall may be easing off
      679 11 THE DEMAND for soybeans, soybean meal and soybean oil have been increasing rapidly these few years. In the futures market last year, soybeans were the most actively traded commodity on the Chicago Board of Trade. The volume of trade broke the 1965 record
      679 words
    • Article
      Rubber export duty may be removed if prices rise
      509 11 RUBBER smallholders hope that the government will consider doing away with the export duty on rubber when the market price is reasonably stable and higher. They accept the argument made by Primary Industries Minister Datuk Leong Khee Seong that abolishing the
      509 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      45 11 <ss ;5. "V •t' r > *S ta H «r ■a w Is >■ H V* v"* r r The rule is freshness from the market or flown in direct. Really a gourmet's dream. At Suasa-on-the-Sixth or The Ranch. The Hotel in Kuala A REGENT® INTERNATK) i
      45 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1634 12 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SKCTION ONE INDUSTRIAL COMMERCIAL Allted Choc (1MB)
    1,634 words
  • Article
    Unit trusts
    179 12 WOANWlwnn WT DIAMOND MOI rrrow E *r Hm TV Commerce y m rU L (Mnangwi' prieo* DUmood Mr Not U) TW Savlnp Fund 1J| S pore Prat Fund L M IM 1.41 Spore Fd(USI) 81 IM MB ITS Spore Skt road re S part Invest Fund 1 *4
    179 words
  • Article
    SHARE INFORMATION SERVICE
    2852 12 1M1 Hick Low Coatpaay Last Sale OTGr"» WT Dir Crr Net VM P/E Vol Day COOO) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 404 248 Aetna 115 115 Alcom 350 1» Allied Choc 312 ISO BAT 480 308 Bata 800 TO Ben 4*10 380 Berjaya Kawat 532*
    2,852 words
  • Article
    In Kuala Lumpur
    1845 12 BID and after prices officially 1 ll*ted and business in and reI parted to the Kuala Lumpur I Stock Exchange yesterday, I with the number of shares I traded shown in brackets in lots of 1,000 units, unless otherwise specified. (NDUTTUALS AkMM (IMB 1MB) (1) I B
    1,845 words
  • Article
    Prices gain on bout of late buying
    506 12 WEDNESDAY'S balls ap> peered te he takiag a reat at the Steeh Exekaage af JMtaiaj bm reMeat .hare, ep»* at I areaad ematght leveto. thereafter «MatoerflMtah aßsas eeea la aMat eeaatera. After the llaa tea toaak, kewever, prteee started te eaae somewhat ea
    506 words
  • Article
    Kuala Lumpur slightly higher
    628 12 SHARE prices closed mar ginally higher at the Kuali Lumpur stock exchange yes I terday after having moved narrowly for moat of the > session in leas active trading Despite a steady start, there was a discernible easier trend in the morning indicating perhaps that profittaking
    628 words
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  • COMPANY NEWS
    • Article
      Carrian exploding into prominence
      1114 13 IN HONGKONG, commercial and investment life is dominated by a handful of giant companies a bank, several property groups and the four large trading concerns, the "hongs." Jardine Matheson, Hutchison, Wheelock Marden and Swire Pacific have all shared in the history of the colony. But over
      1,114 words
    • Article
      SPP Ltd reschedules rights issue to pay for purchases
      255 13 SPP Ltd has rescheduled its rights issue next year in order to pay for its proposed acquisition of T K Condominium Pte Ltd and the purchase of a 50 per cent share in Island Club Condominium Pte Ltd. The company yesterday
      255 words
    • Article
      Lower profit forecast for National Iron
      1414 13  -  ■trket Talk... a round-up of viewpoints compiled by chris lim EARNINGS at Natteaal Iran and Steel Mills are expected to be drastically reduced in the coming two years, Hongkong-based broking firm, Sua Huag KmJ Securities In the latest issue of its monthly publication, Focus.
      1,414 words
  • ASIAN STOCKS
    • Article
      Manila
      87 13 THE Manila stock market yesterday closed mixed as minings remained firm while commercial, industrial and oil issues moved easier, dealers said. They noted turnover declined to 470,000 pesos from Wednesday's 656,000. MOT IX r«MM am* MM HK JH uneh AUm Oml ADM Oml SSSnHto! tftJI •t •neh ■t a
      87 words
    • Article
      Selected indices
      52 13 FINANCIAL TIMES INDUSTRIALS Wednesday 508.2 Tuesday 502.7 Week Ago., 4MJ DOW JONKS AVERAGE INDUSTRIALS Wednesday «57.12 Tuesday 863.98 Week Ago ***** H.K.HANG 8ENG Thursday 1413.43 Wednesday *****4 Week Ago 1430.06 AUSTRALIAN INDUSTRIALS Thursday 703.4 Wednesday 701.7 Week Ago i 803.0 ALL ORDIN ARIR8 Thursday > 588^ Wednesday 571.3
      52 words
    • Article
      Market closes easier
      251 13 HONGKONG STOCKS in Hongkong yesterday cloned it or near their day's lows after a steady start, with profit-taking depressing the market from mid-day, brokers said. They said prospect* of another cut in local interest rates, which accounted for the market advances early this week, are now diminishing,
      251 words
    • Article
      Sydney generally easier
      182 13 MINERAL stocks in Sydney yesterday slipped but selected industrial issues held their ground, with some gaining, in dull trading, dealers said. The All-Ordinaries index fell 3.3 points to 568.2 at the close. Key metal, oil and gas stocks weakened on the gold price decline, while base metal
      182 words
    • Article
      Tokyo stocks slightly higher
      297 13 SHARE prices in Tokyo yesterday closed slightly higher or selective buying in incentive backed and high technology issues, but export oriented issues and steels fell, dealers said. The market average rose 2.44 points to close at 7,505.02 on a thin volume of 200 million shares, and
      297 words
    • Article
      Bangkok
      49 13 NOV 11 Art* run Bafata On—— InwrnaUn aal Tru- «JS a* ♦OJ JUB£°TJ» Saba Data Mam Cm •r «JI H4 mt MI I f 1M aaaa ♦i CHj South AM Thai Dana 14t Fttra far* nacb 1 uuliAJ u -u United no Mill OaM TIM or na* 2
      49 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      323 13 m Vf 11 jji-'fi jiwi!*'! l l ».>.'i '.H a trJk •WT Mm tea m *w Wf *rr ic *r* Rfcri* MM Pannsoil may ignite again At $41, downside exposure ia extremely limited, upside target, 170-75, buy at the market," A week later, Pennzotl perked to *46. Continue to accumulate,
      323 words
    • Advertisement
      Page 13 Advertisements Column 2
      104 13 Modern studios,2-3&4 room luxury apartments "£38,750 Immediate finance available. Car-parking available New fully-equipped kitchens and bathrooms Management and Letting Office Fully modernised Wall-to-wall carpets p \rk 12 5 year leases and low ground rents /y Exceptional value V Situated on the Hyde Park Estate mayfajr MAYFAW Leisure facilities: full-sized swimming
      104 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      140 14 Rises Indices Berjuntai 800 50 Nov 11 Nov 12 I C B 080 40 Metro Hidga 750 35 BT Indicator: *****7 *****2 Keppal Ship Apollo M Banking A M M C Shall 030 25 Industrials: 692.56 696.30 336 070 406 380 24 20 20 20 Finance: Hotels: Properties: 1508.12
      140 words
    • Article, Illustration
      KUALA LUMPUR
      134 14 PRICES recovered tai late tradlag sa the Stock Exehaage sf Stagtptre yesterday. Ike Straits Times ladastrlal lades elssed 5.74 psiats higher ts WJ while the Basteess Times ladleatsr rese Mf psiats ts 138^12. Rites Indices Tronob 1140 +40 Nov 11 Nov 12 Ulu Benut 525 39 BT Index:
      134 words
  • Article
    Temasek gives up Ming Court stake
    277 14 THE Singapore government has relinquished its 13.8 per cent share in Ming Court Hotel. Its investment holding company, Temasek Holdings, had earlier accepted the cash offer of 18.60 per share made by Morgan Guaranty Pacific for itself and on behalf of Malayan United Industries.
    277 words
  • Article
    UMW
    93 14 UNITED Motor Works (Malaysia) Holdings Bhd has incorporated a new subsidiary in Singapore to import, distribute and service Mitsubishi industrial marine engines and generating sets. The subsidiary, UMW Industrial Power, is wholly-owned by UMW. It will have an initial paid-up capital of $1 million. Its directors are Denis Chia
    93 words
  • Article
    Palmco fails to meet profit forecast
    235 14 PALMCO Holdings has failed to meet its profit forecast of M 517.51 million made in connection with its public listing earlier this year. It has turned in a maiden profit of only $14.3 million for the financial year ended June 30, barely maintaining the
    235 words
  • Article
    Cold Storage share
    68 14 GREAT Eastern Life Assurance Company is now the beneficial holder of 5,912,496 stock units in Cold Storage Holdings. This represents 5.23 per cent of the paid up capital of Cold Storage at 113.019 million shares of 10 pence each. Cold Storage, on behalf of Oeat Eastern, has
    68 words
  • Article
    UOB forms two subsidiaries
    290 14  -  ißßia Comoanies Editor: Mano Sabnani CHRIS LIM UNITED Overseas Bank has formed two subsidiary companies, UOB Investment Holdings and United Eunos Warehouse. The first is an investment holding company wholly-owned by UOB. It has an authorised capital of $100 million and an issued and paid-up capital
    290 words
  • Article
    Dr Mahathir urged to resolve Dunlop issue
    190 14 UMNO Youth, which had earlier disputed Multi-Pur-pose Holdings' acquisition of a controlling share in United Malayan Banking Corporation, is now urging the Malaysian Prime Minister Dr Mahathir Mohamad to ensure that 51 per cent of Dunlop Estates will be retained by Bumiputras. UMNO
    190 words
  • Article
    LONDON STOCKS
    714 14 LONDON, Tburs. Share prices opened firmer in an extension of yesterday's late gains, prompted by bullish comments on UK interest rates by stockbroker W Greenwsll's Gordon Pepper. Trading was quiet amid only small buying, dealers said. In industrial leaders, ICI and Hawker Skkleley rose fip each. Closing middle
    714 words
  • Article
    Lock icon DOW JONES HIGHER
    85 14 AP NEW YORK, Thurs. Stock prices opened higher after two major US banks lowered their prime lending rate from 17 to 16.5 per cent. The Dow Jones average climbed 4.94 points to 962.06 in the first half hour Advances led declines by 5 to 2. The prime
    AP  -  85 words
  • Article
    Chocolate Products seeks listing on KL exchange
    650 14  -  By HSUNG BEE HWA CHOCOLATE Products (M) Sdn Bhd, a Malaysian company in which Allied Chocolate Industries has an estimated 11.8 per cent share, may soon be listed on the Kuala Lumpur Stock Exchange. The company applied for a listing on the KLSE
    650 words
  • Article
    Jack Chia-MPH is confident
    326 14 JACK CHIA-MPH is confident of achieving better results in the last six months of its financial year. The optimism hinges on the fact that its loss-mak-ing timber division had ceaaed production since end-Septmeber. The group yesterday reported pre-tax earnings of $5,878 million for the six months
    326 words
  • Article
    AMC
    18 14 PREUSSAG has raised its share in Amalgamated Metal Corporation to 85.33 per cent from 79.50 per cent.
    18 words
  • Article
    Renong Tin Dredging
    157 14 SPARLSTREAM Investments, a Hongkong company backed by Malaysian interests, will now be able to go ahead with its (dans to transform Renong Tin Dredging into a diversified holding company with substantial interests in property, manufacturing and finance. N M Rothschild and Sons, on behalf of Sparlstream, yesterday
    157 words
  • Article
    F MERLIN VENTURE
    102 14 MALAYSIAN hotel group Faber Merlin, which was earlier disallowed the purchase of an equity interest in a hotel In Thailand, has managed now to get a foot into the Thai hotel industry. Merlin Management International Ltd HK, an associated company of Faber Merlin, yesterday concluded an agreement
    102 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      121 14 U5520,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 19th November 1984 THE DAIWA BANK LIMITED (Singapore Branch) In accordance with the provisions of the Certificates, notice is hereby given that for the initial six month-interest period from 16th November 1981 to 17th May 1982, the Certificate will carry
      121 words
    • Advertisement
      Page 14 Advertisements Column 2
      203 14 jatjMS 111 VllllW w Made in West Germany The extraordinary electrical waste paper basket Leaves No Trace Of Clues Which Might Lead To A Breach Of Office Security. This extraordinary waste paper basket features a wide opening in the middle of the lid of the machine and an elegant basket
      203 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      67 14 OUTLOOK for Singapore from 6am to Ipm today: Thundery showers in several places in the early morning and fair later. Report for 84 tears prior to 7J9 pm *n Nov 12 at the airport: Maximum temperature 30.7 Associated humidity 62 Minimum temperature 22.9 Associated humidity 95 Hours of sunshine 1.20
      67 words
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  • SHIPPING TIMES
    • Article
      PTT plans to build 'jumbo' crude terminal
      316 15 THE Petroleum Authority of Thailand (PTT) plans to Mild a "Jumbo" crude terminal and related receiving facilities in the eastern seaboard province of Chon Buri. The plan involves the construction of an oO storage facility of one million cubic metres, capahle of holding
      316 words
    • Article
      Port users may push higher costs to consumers
      536 15  -  By JUNE LIM CONSUMERS may have to bear the brunt of higher costs should the Port of Singapore Authority (PSA) go ahead with its plans to increase its port charges. According to Mr Fu Wa Chu, the vice-chairman of the Singapore National
      536 words
    • PORTSIDES
      • Article
        Lock icon Japanese yards' orders
        102 15 AFP NEW orders won by Japanese shipyards in the first half (April-September) of the current fiscal year totalled 4,853,000 gross tons, down 2 per cent from a year ago. The Japanese Ministry of Transport said orders for bulk carriers in the six-month period increased 19 per cent
        AFP  -  102 words
      • Article
        Lock icon Raising bunker surcharge
        52 15 Reuter THE bunker surcharge on the Australia to west coast USA and Canada route will be increased to 17.29 per cent from 15.12 per cent, effective Dec 12, signatories to the Australia-Pacific coast rate agreement said. The signatories are Columbus Line, Farrell Lines Inc and Pacific Australia
        Reuter  -  52 words
      • Article
        Lock icon Ballast Nedam's investors
        118 15 AFP A GROUP of Arab investors will increase its interest in one of the Netherlands' biggest dredging companies, Ballast Nedam, from 37 to 70 per cent. Ballast Nedam said the Arab group, under the name Minefa Holdings, had held 37 per cent for some years. It now
        AFP  -  118 words
      • Article
        Lock icon Waertsilae wins LPG deal
        94 15 AP THE flnnish shipyard Waertsilae has won a 300 million marks order to build two liquefied petroleum gas (LPG) tankers for the Venezuelan shipowner Maraven SA. the order, which came after tough competition with Japanese shipyards, was Waertsilae's second major deal in the West in just
        AP  -  94 words
    • Article
      INDEX TO ADVERTISERS
      577 15 8Uppta| Um Page Cal Ume Page CM A >»lll t t 8m VI I Qma m 4/5 Asiatic Cooi vm 4 E*er*tt Orlrat IV 4 Atoa VI S OcrfTtca IV Afro-CurMla VI > Pmco vn 4/S Alfradcr vm 1 Fiona Uuro V 5 ADtraas VII 4 rraaco-Brij
      577 words
    • Article
      SHIPS IN PORT
      313 16 ASSTVALS KfePPSL WHABVEB Bela Ron (0800) 19 Chidambaram (Pummt) (OTOO after Mathilde Maersk) 45 East Rainbow (after Johnnes Latuhahary) 18 FeUx Dwrjinskiy (Piuaenser) (2100 after Nedlloyd Nagoya) Jenhaoa (0700 after Bulkier) 22 Kota Pelanti (0700 after Kota Singa) 10/11 Kimanis (2100 after Perak) 20 Ruth Lu (1500
      313 words
    • Article
      Container Schedules
      891 16 receiving of export fcl containers AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Voy Estimated No. Time of Arrival Date Time Shipping Lines Gdn Mode of -Operatn Korean Jacewon Tohgo Maru Neptune Topaz Takarin Glory Ace Maersk Mango 15W 13.11.81 15-161 13.11.81 56S 13.11.81 251 SB 13.11.81 14
      891 words
    • Article
      LONDON FREIGHTS
      1654 16 FAIRLY active time-chartering on Wednesday continued to feature the freight market, with interest mainly shown for vessels with Far East and North American delivery. A 22,000 ton newbuOding was booked from Japan to the Caribbean at U5£,995 daily, while a 21,000 tonner was secured train Pohang to Antwerp-Hamburg
      1,654 words
    • Article
      ORIENT EXCHANGE
      692 17 Opes: Samotlor type vessel tpoodwt seeking cargo off directions vessel is yen prompt last cargo Hsoxic fuel/crude. Dragobych type vessel seeking suitable cargo (eg: molasses/vegetable oil) vessel is open midNovember 1981. t Livestock carrier built J9S9 converted 1977 to Australian standards Lloyds class Indian flag' available Bombay prompt
      692 words
    • Article
      Lock icon Pause in EAC's fleet expansion programme
      674 17 Fairplay AFTER a decade in which a large "traditional" liner Oeet has been replaced with a modern and much diversified profile spread throughout a number of shipping activities, Denmark's East Asiatic Company (EAC) is taking a break from its new ship investment. It is,
      Fairplay  -  674 words
    • Article
      SHIPPING LIST
      699 22 SCHEDULE The list below tabulates, by port of destination the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore. Advanced dates are published at a maximum of three weeks. PN/PK Ship calls at Penang and Port
      699 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      216 15 Scan Dutch V Fast and Regular Service To /From N.C./SCAN/W.MED./U.K. Smgopore Tel *****89 Port K eking. T«l *****1 Kuala Lumpur Tel ***** Penong Tpl *****6 CLt! NTAINER Schedules rtONDON Freights ORIENT Exchange SHIPPING Schedule REGIONAL Weather I \KDI\I I \ll Orient Overseas CotUcune/i Line js j 14/ 10/ 22/11 23/
      216 words
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      Page 15 Advertisements Column 2
      258 15 SEALORDSI 1 UASC UNITED ARAB SHIPPING CO SAG) EXPRESS MULTI-PURPOSE SERVICES Abu Dhabi (30/12). Dubai (2/1), Jubad (5/1). Dammam (8/1), Bahrain (11/1), Kuwait (14/1) Kuwait (10/1), Dammam (13/1). Doha (16/1), Abu Dhabi (19/1), Dubai (22/1), Bahrain (25/1) FULLY CONTAINERISED SERVICE carjo acceptable Mransit AL WATTY AN V.17 Mma Qaboos (25/11),
      258 words
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      Page 15 Advertisements Column 3
      380 15 Nedlloyd Lines Regular Liner Services To/From All Paris of the World. Tel *****89 Port KHooq Td ***** Kudo Lumpur Tel *****. Penjjlj 3M176 MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: U.S. PACITIC. OULF. ATLANTIC, EAST CANADA, ASIAN PORTS Philadelphia *SWGAWE Q.OSWC TMES: CY 17ft Nov 0600 HRS CFS 16ft No*
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      Page 16 Advertisements Column 1
      759 16 MALAYSIAN INTERNATIONAL SHIPPING COPPN. BEPHj WISMA MISC, HO2, JALAN CON LAY, P.O. BOX 371, KUALA LUMPUR 0409, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE fato Ming IPOMCA kM NBffiN \ff\\ 2/12 '7/12" 1/12* "10/ l I. DM6JK 20/U SCLANDM 24/11 9/12 14/12 IS/12 17/1 LPERKA 27/11
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      Page 16 Advertisements Column 2
      162 16 13*^ OCC3EZH£3agT^rrTi —nrr—iu. VU J ifU l/U I vu I wu ivu "ivu nvu n/u tuu avu w wv l m tn «vi •vi •vi •vi V 1 vl VI VI Wl PANAMA US ATLANTIC CAST CANADA US OUtf □OtDDCI m i 1 111 3 u. mm a wiiiMii-hi-ir-ir? TO:
      162 words
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      Page 17 Advertisements Column 1
      446 17 Lit ONTAINfRSHIP SERVICE TO UK CONTINENT w5 ?vl 11/12 12/U 11/12 IVI2 17/12 1»/U a/12 11/12 a/12 12/1 •1/1 13/1 N/1 11/1 11/1 12/1 17/1 IVI H/l 8/1 U/12 IVI2 U/12 IVI2 21/12 22/12 n/i n/i a/12 avi •VI H/l 12/1 M/l IVI IVI a/i 22/1 27/1 a/i JU ULi
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      Page 17 Advertisements Column 2
      401 17 NOTICES Oewrml Sirnjr of dm earn tte itew ««mH !L« «r. tttt. trow til a.m. to MW) wiD bt I +|{?:%!|;].{@'{~/\](>--(%()`||+ pjp Franco Belcjian Services ..L.. Li r*» Iftai IHm I'm* UMmm PJUMai Vwm i' oa a Oct a Oct a Oct a Oct uh. umm a Oct a Oct
      401 words
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      Page 18 Advertisements Column 1
      392 18 tmm It Hnrt S port PUm| I IkM* It/12 12/12 11/12 13/12 17/12 19/12 29/12 Jl/12 30/12 2/1 1/1 3/1 20/11 22/11 24/11 21/11 S/12 6/12 10/12 11/12 1 CM+m* T#t»o»T C*r UMp l*ft o*t cirfo tof CMBOMR/WST MS M Hm*w{ TO USA/CMWO* I tl ■rami TW T*j»/ I* 0M«
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      Page 18 Advertisements Column 2
      323 18 K.S.ijne KOREA SNIPPING CORPORATION P. K4m| rows STOK M.TM 170E 21-30 Hot 1-3 Ok 2S-27 Nw TO BUSAM M.TM IWW 2S-30Nw 1-3 Dk 25-27 No* ROMMMI VESA II7W 21-23 DK 24-21 DK 19-29 DK VEGA IUE 21-23 Dk 24-21 DK 11-21 DK TO BUSAM %X KX KX KX *X KX
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      Page 18 Advertisements Column 3
      309 18 EVERGREEN LINE r FAR LAST FUROPF CONTAINER SFRVICF •CCCTTMS FA A Id CM6O fOt im Lap 2/U 5/u rrr lvS"" IVI/ 5/U* 17/u" a/11 ivu n/u a/u a/u a/u bmuid vu a/u n/u a/u l/u vti v« iv u vti Ml VM Wtl U/tl ALSO ACCEPTM6 CAKO FOR: 1 mni—FilM.
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      Page 18 Advertisements Column 4
      303 18 Everett Lines Burnt Fivt Star Miippii Ctrpa. BURMESE NATIONAL LINE B F.S S.C Ao«r*» n Motoyvo OOUSTEAO SHWHG m NOS KL *****1/*****3 EH '1 rir to CPV few# Mi 4 Uta| to M tekMfem H—MMII 17/Urin SJXI ■■II 17/19 On a/nan 22/23 fet IMIiMII 29/1 toe 2/4 Ik S/7»k WA
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      Page 18 Advertisements Column 5
      105 18 r "EkO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE japah/stuits «aiH pStm 17-11/11 23-24/11 25-21/11 29-29/11 3-4/12 9-19/12 27-29/12 r.Ma 29-a/U 15-19/11 25-29/11 27-29/11 39-1/12 1-2/12 7-1/12 27-21/U 29-39/11 18. Z21H44/7 I 22HJ71 EMI MMMIlfe IaWMMMTM nnwium SUN UNION LINE MflMian TO PWIMIEW GUKA/SOUIH PACFIC KYOWA LINE 25/U U?An*V.kM. latftonrf
      105 words
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      Page 19 Advertisements Column 1
      717 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) VOY. SPORE COLOMBO HODEIDAH KOTA 3AHABAT 13W/14E Z KOTA SAHABAT 15W/15E 22-23/11 25-26/11 4-5/12 IkOTASAHABAT |lifw/1»E 124-25/12 30-31/12 7*/1 Accepting LCL Cargo to Colombo Aqaba. PW AQABA 14-15/11 JZZ'JZ 5-10/12 15-20/12 10-11/1 12-13/1 22-23/1 22-23/11 24-25/12 27-25/1
      717 words
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      Page 19 Advertisements Column 2
      621 19 I iTTH BEN LINE CONTAINERS Or«ii**n imN EXPRESS CONTAfO SERVICE TO/FROM QUOTE fWK BHAW* ROAM HAVWSOTON jy! totraAMawp Fran Al U K /lJ VU Vl2 VU i/U /n u/u u/u 'vu ivu vu 8/" U/U 12/12 M/U IR/12 17/U a/u a/11 u/u u/12 ivu 5/{| Vl2 VU a/12 M/ 12
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      Page 19 Advertisements Column 3
      350 19 4 i I'.lt ScanDutch9 WEEKLY EXPRESB CONTAINER ED/UK/NC/SCAN SERVICE I# I K 1 y i' l/I 2/2 4/2 I««*ML tU, C«MT I M DO>|2)HW| nrw SH«C)»Mhi ta rMMI tawi n KJR* m m at at a at ivu am tn km at at at at m at not n/u m
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      Page 19 Advertisements Column 4
      474 19 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS INDEPENDENT SERVICE TO UK (ACCEPTING CONTAINERS ONLY) COtABANK SANTA FE OAM HUU HMBG 17 Die It Jon 15 Jon 18 Jon 3 Jon 29 Jpn 7 Fob 3 Fob (Doop Took Spoco Avoiioblo) Spoco Avoiiobto) x Lykas/»< Lines U.S. NEST COAST SERVICE kr Pbw
      474 words
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      Page 20 Advertisements Column 1
      474 20 1 V Kline KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA n 9 Monovsas n u M m hdk Ma» a/11 vu raaicaar n Uutaw SW ARABIAN GULF TONGO mm *15/180 *MURAM MM *13/183. 14-14/11 i m m *«w*t 1-1/12 Mm Oam'm (Costanars only) Also accepting Kuwait wa
      474 words
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      Page 20 Advertisements Column 2
      388 20 CAUFORNM/PACffIC NORTH WEST SERVICE EXPRESS CONTARER/REEFER SERVICE n ftt/ra i 'UN MA» JAPAN SERVICE «sx. i2<25? 21/B«M "S 30 MBW 1/7 DK llMtiTiiH ssrz. r IVSHM VI IK VUtK WEST HSU CUT SERVICE mw— 'TJTn* 'SSL 11/11 WEST AFRICA SERVICE 23 Ok 88/UMO K Stappm WVlllkt 156+ WVlllk A, IS4+
      388 words
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      Page 20 Advertisements Column 3
      337 20 :r < l <»l II > SINGAPORE SHIPPING AGENCIES PTE LTD »THIIOOR OC€ AN B'lll DIN(, StN<,APi>Hf 0 104 MARKETING 9111?? IJ I INfS> (,IN(MAi *****1 14tlNfS< TiHMiNAL OMIil TEItX RS ?4'j96 RS 2SS6B A B CARSHIP CAHII CAHGOSMiP Itegiwnal Container Lines ill II WKKLY CONTAINER SERVICE to/from BANGKOK Xw„\SISGAPORi:
      337 words
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      Page 20 Advertisements Column 4
      517 20 KORINS MARITIME SERVICES S Poom hOl ICB Building Senior Way S nqapo'p T«?i *****22 P Kcang Tei 3870G4/*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES BURSA VMM. A VESSEL hn P.I 16 Net 50K 12 DK Luifcn Far. Bandar Abbas/B Bandar Abbas/B Bandar Abtas/B. £j l/hundae Shipping Co. hd. Span P.I -1311K .16
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      Page 20 Advertisements Column 5
      180 20 MM mmmoiitii—mmm INTRASEA (PTE) LTD V v l u ri f- S' '•< },<; >• )U- V rswm i, 1 T i T5 BREAKBULK SERVICE TO EUROPE/UK U V' w FULL CONTAINER WEST BOUND SERVICE i mm FULL CONTAINER EAST BOUND SERVICE FULL CONTAINER HK/KEE/YGKO SERVICE rrt 4* a K
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      Page 21 Advertisements Column 1
      462 21 iNEPTUNE ORIENT LINESIID FAR EAST EUROPE FULLY CONTAINERISED SERVICE a TO EUROPE/UK (VIA SUEZ): K. JACEWON 15H K. MCEM 12W C. CONTMMX 14N. A CQNCOK) 2W. C PAUL 29W C ROZE 27* Aiso accepting cargo to/from Scandmavia K lACEJM S pore Closing Times: FCL Ca Times: FCL Cargo 0600 19/11
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      Page 21 Advertisements Column 2
      320 21 MALDIVE LINES MAUNVE PROMOTE! Loading For Jeddah MAUNVE PROGRESS Loading for Kuwait MMJNVE MAGE Loading lor Aden/Mukkala MMJME CREST Loading For Mate MMDME NAVIGATOR ETA ETA HA STORE KUANTAN PORT KEIANG 30/11 23/11 20/11 In Port 20/11 Loading For Hodeidah (Abo Loading At Pasir Gudang) MMJNVE mm 18/11 Loading For
      320 words
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      Page 21 Advertisements Column 3
      490 21 SINSOV SINGAPORE SOVET SHTPWG CO PRIVATE LTD SMSOV BULDM6 55. kbrtti Strwt Seaport 0104 TM« (15 Ums) CaMt Addrtss SMSOV SMGtfOK Tatu Hwben IS 213M1 *****3 IS *****RS ***** RS 2SIM p. hums M/S VMMUT WW SOON m M IST ANO 2ND FLOOR NO I. MUM CEMPtNNG. PORT KIANG MALAYS*
      490 words
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      Page 21 Advertisements Column 4
      5 21 r-n tt r m Xv
      5 words
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      Page 22 Advertisements Column 1
      149 22 EGYPTIAN IMTPeMATIOkAI I IMF Fll INTERNATIONAL I INE Ell EGYPTIAN FLAG H 4 yy TITIMAS SHIPPING TRADING SDN. BHD. -f-» i "I** *4 Al>« IV 1 2& WOOD LINE Bulk Turner and Plywood Service UK/CONTMENT SERVICE Vfm PM* T|JW UL l«* 17/11 a/11 M M MR /Hi M/ll 27/11 a/11
      149 words
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      Page 22 Advertisements Column 2
      221 22 COSMOS V7-SOUTH COSMOS V7-NORTM WJWOW 13/11 KUCHMG 3/12 wag* 18/11 TSIMr 5/12 J*22£"a/»J SMOMMH 9/12 nm SS2S!E UXST 2S/11 HONGKONG 17/12 KUGWK 2/12 s •mmiir WHHtIHI S'kli KKblu Übw Hnre Hue* U/ll M/ll 15/11 14/11 2S? 20/11 23/11 Mfti, 17/11 15/11 14/11 "USOMMU 27/11 30/11 4/12 |/12 General Agents: BOUSTUO
      221 words
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      Page 22 Advertisements Column 3
      235 22 ft JOHORE SHIPPING I/4T ,I,J TENCjKIJ bADAP PORT KHANC bf l ANGOR VAI AYSt A HAJ SHIPPING SDN. BERHAD I Express Unrttaad Servce from P Keti tot ifabyak t Bnra mran ft 11/11 MAYATIftI7/11 mr«n ft 11/ti HMBMM ft 11/S1 HNBfIM V: 11/11 HAMDAH ft 21/11 nmt.vn nmti/n MB ft
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      Page 22 Advertisements Column 4
      202 22 SAUDILINE Regular Conventions! Service TRANSTIMBER LINE BULK TIMBER SERVICE OQBY CMQUC 14/11 2S/11 11/11 1/12 MOHn, intni, TUL TTFK/IH 3M95 MOCT SON M. ICK MACK LINE m H PIK hpnu Unkx to 15/11 17/11 Ciliiii. Ihim 23/11 2S/11 Cifcatta, CttbfH 31/11 2/12 VMm, IThm. hm-lto, Date C. TN» yOA OCEANUS
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      Page 22 Advertisements Column 5
      152 22 m ~*N raUCAf ALAN LAUTAN HtU SDN. WD. PO Boa22o.KouKrabjlu.Sabah S*Mh Sarawak Bangkok Siftporr Portkeiar* Vm* Pm«| PKlmk S'port Loadß« far LMITM TKA V.7/11 hM 12 *v KK. Sandafcvt. Tavw LMfTMMIIV.iI/tl 25Nw 2M* KK LMfTM EMM V4/tl 2f Nav Sandakan, SEAUON SHIPPING (S) PTE. LTD. Tel: *****81 Ttx: ***** SEALJQN
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  • Page 22 Miscellaneous
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      Page 22 Miscellaneous Column 1
      136 22 n >. .V V > ►> if .V I s r~s "SSkfl ll» LUh SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.9OAJM.TMS MORNING LEGEND: R Thunderstorm Temperature °C A V Shower Weather >V Wind direction with tpted la knots Rain {J Cloudy Sky Wave height Buf>w Wf arrow wm fly wttt
      136 words