The Business Times, 18 December 1981

Microfilm: NL11423
Total Pages: 22
1 22 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 107/1/81 FRIDAY, DECEMBER 18,1181 60 CENTS
    10 words
  • Article
    University to introduce new law curriculum
    604 1  -  By SALMA KHALIK TO TURN out law students wha are "intellectually the National University of Singapore has introduced a new curriculum for the coming academic year. Ts* new syllabus devotes about 25 per cent of the .course to non-law subjects. It is one of
    604 words
  • Article, Illustration
    OVERWHELMING TRUST
    319 1 INTERNATIONAL Trust and Finance broke the record for new issues this year when its 7.5 million share offer at H. 70 per share to the public was over-subscribed 39.8 times. The company, the eighth to go public this year, received a total of 38,738 applications for 306.12 million
    319 words
  • Article
    Fall in POSB rates likely
    563 1  -  By ALVIN TAV CURRENT conditions dictate that Post Office Savings Bank will soon have to lower its deposit and housing loan rates. The POSB will do longer be able to offer the very favourable 9.5 per ant interest on its more than two million savinffaccounts
    563 words
  • BRIEFLY...
    • Article
      Lock icon Arms talks end
      54 1 UPI GENEVA, Thurs. US and Soviet arms negotiators today ended their sixth session of talks on limiting nuclear weapons in Europe and will meet again early next year. The meeting at the high-walled Soviet mission lasted 1 hour and 45 minutes and was the shortest session since
      UPI  -  54 words
    • Article
      Lock icon Sony's profits fall
      59 1 Reuter TOKYO, Thurs. Sony Corporation, a leading Japanese electronic equipment manufacturer, today announced a sharp drop in profit last year despite a strong gain in its worldwide sales. The company said sales jumped nearly 18 per cent to US$4,B2 billion but net profit declined 10 per cent
      Reuter  -  59 words
    • Article
      Lock icon Ministers resign
      78 1 AFP BANGKOK, Thurs. Three Thai cabinet ministers today tendered their resignations to Premier Prem Tinsulanonda, paving the way for a smoother cabinet reshuffle, expected to be announced in the next few days. Those resigning include Deputy Prime Minister Gen Prachuab Suntharangkul. Premier Prem earlier in the day held
      AFP  -  78 words
    • Article
      Lock icon Asean rice stock
      86 1 Reuter Jakarta, Thurs. The second session of the Asean Food Security Reserve Board, which ended here yesterday, had agreed to review the amount of the emergency rice stock, which currently stands at 50,000 tonnes. The newly elected board chairman, Sugeng Amat of Indonesia, said that the decision
      Reuter  -  86 words
    • Article
      Lock icon Philippine protest
      61 1 AFP Manila, Thurs. Philippine Foreign Minister Carlos Romulo today said the government would lodge a protest against alleged discrimination against Filipino nationals by immigration officials at US ports of entry. Mr Romulo said in a televised interview that the protest would be filed next week after he had
      AFP  -  61 words
    • Article
      Lock icon Dumping typewriters
      51 1 AFP WASHINGTON, Thurs. A manager of the American SCM Smith Corona typwriter manufacturing company has accused the authorities of allowing Japanese manufacturers to dump on the American market. The manager said that his firm had been trying for eight years to get the administration to apply antidumping laws.
      AFP  -  51 words
    • Article
      Lock icon No civil defence
      84 1 Reuter London, Thurs. In stark contrast to the Soviet Union, Britain has virtually no civil defence to protect it in the event of nuclear war. The annual report of the National Council for Civil Defence, a nongovernmental pressure group, said Britain's lack of civil defence was a
      Reuter  -  84 words
  • Article
    Time running out for Rollei auctioneer
    373 1 AUCTIONEER Victor and Morris is fighting «gainst time to dispose of over 100 remaining lots of machines, tools and spare parts at RoUei by the end of this month. These are unsold leftovers from last Wednesday's 10-hour auction at the industrial complex at (Thai
    373 words
  • Article
    Mahathir and Lee show mutual understanding
    433 1  -  By LILLIAN CHEW THE Prime Minister* of Singapore and Malajnia last night jointly acknowledged that while the two countries had similsr objectives, differences peculiar to each had caused a divergence In the means used in achieving these goals. Their public acknowledgements represent a major
    433 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      225 1 Il Leader ...page 8 B&IIDS OFFICIALS from the Stock Exchange of Singapore is likely to hold discussions soon with their Malaysian counterparts in Kuala Lumpur regarding the trading hours of the two exchanges Page 14 MERCHANT bankers in Malaysia, concerned about the impact of the amendments in banking laws on
      225 words
    • Advertisement
      Page 1 Advertisements Column 2
      43 1 Are you having putting problems 7 PING HAS THE ANSER. Manganese Bronze AND THE New ANSER 2 Stainless Steel Sole Agent PINE UHoatoi& Tfro Sports Pc I to ftmt M.' ji. V 2201 O>■r' R. Q irf> S ;>■» rt Tfi *****4 4s* -«4
      43 words
    • Advertisement
      Page 1 Advertisements Column 3
      113 1 uureuntHn fl *91 quality. And stability. v Quality warehousing PRIME LOCATION IT >" > 35 f 2*——J ,*^3K£-TJZ inflhT I'*1 «f j» High-quality multi-storey warehousing in central River Valley area 14-storey complex of 55,742 sq. m (600,000 sq. ft) of lettable space Purpose designed for containerised cargo equipped with 2
      113 words
Page thumbnail Page 2
  • MONEY AND EXCHANGES
    • Article
      Singapore market
      479 2 IT WAS a relatively quiet day of trading on the local foreign exchange market yesterday in view of the absence of new developments in Poland. Against the Singapore dollar, the US unit opened at 2.0540/55. Speculative buying pushed the rates up to 2.0615 before closing at 2.0585^5. taMukhmi^ntaillpa:
      479 words
    • Article
      Tokyo
      148 2 THE dollar (or overnight delivery in Tokyo yesterday closed firmer at 218.65 yen, compared with a 217.90 opening in Tokyo and a 217.90/218.10 overnight clone in New York. This was also op from a 218.25 close in Tokyo on Wednesday. Trading was a light $1.02 billion. The dollar continued
      148 words
    • Article
      PLR
      22 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers ia 12.02 per cent.
      22 words
    • Article
      ASIANS RATES
      169 2 ASIAN currency deposit Interbank rates as at close on Dec 17: UMp.) 7d*ja 1215/1012 2/10 1 month 12 16/10 12 13/10 2 month* 131/10 1219/10 3 month! 13V10 131/10 6 month! 14* 14 B monUu 142/10 141/10 12 month! 14* 14* HM tea. /muju f, 1 month (■mm
      169 words
    • Article
      Discount
      38 2 RANGE of prt cflnd by dlsconst Inn n Dr IT: OvcroMU: J* to 4H% Can (tafxate »to4H« J-month TrmsurybUls SV* 3 y-month Bank bills 77/1* 78/lf Smooths CD 7* 7* months CD lit BNMS phmma 1 Ob0WB
      38 words
    • Article
      Gold
      198 2 SINGAPORE gold futures yesterday closed generally weaker on some local selling in thin trading, dealers said. Total sales for the day was recorded at 46 lots while kerb volume at 18 lots. Prompt closed easier at U*****.50/420.50 an ounce against *****/422.50 on Wednesday, February at 425.00/426.30 against 427/438 and
      198 words
    • Article
      Silver quotes
      33 2 Wtt Tmm w New York UB MB ZurVt UB 11B ro UB UB •.(3D IWS TWi VM iuii Tfpnri UB I.BB MOB 1TT8 Ckatafprta** la US doOaro Source: Credit Suisse, S'pore.
      33 words
    • Article
      London
      72 2 THE dollar in London yesterday vat genera Hy steady and starting firm at a very slow start to business. "Christmas has arrived," remarked one dealer, commenting on the quietness at the market which is now basically restricted to commercial transactions ahead of the holidays. Opening quotes yesterday; us ijno/2
      72 words
    • Article
      HONGKONG
      161 2 THE US dollar in Hongkong yesterday ruled mostly higher against other major currencies in quiet late foreign exchange trading. It rose to 21&30/50 yen from an early 217J5/218.00 sod the 217.90/118.10 in New York, mainly on commercial support. However, trading was quiet with dealers cautious because of the Polish
      161 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      305 2 Bally, Lanvin...and friends. The names conjure up the best in haute couture. Shirts by Pierre Balmain and van Laack. Ties by Loewe. Belts by Lanvin. Suits by Ermenegildo Zegna. Shoes and boots by Bally. And the clutch bag, the latest male accessory, designed by Etienne Aigner. Now you can dress
      305 words
Page thumbnail Page 3
  • BANKING AND FINANCE
    • Article
      First Chicago's aim for the energy sector
      410 3  -  By LEE YOKE MENG FIRST National Bank of CMcago (First Chicago) has set* Itself an ambitious goal —'*r>be one of the top energjClinanciers in the world. China is one of the priority areas. Mr William Lear, head of the bank's worldwide energy group,
      410 words
    • Article
      M'sian banks seek details on new law
      771 3 THE merchant banking community in Malaysia, concerned about the impact of the amendments in banking laws on their operations, has sought clarification from Bank Negara on a wide range of issues. Among the questions raised in the memorandum sent by the Association of
      771 words
    • Article
      Lock icon As Poland requests for more credit...
      374 3 UPI OFFICIALS of Poland's International "Wading Bank met representatives of uS banks to request extension of over US$3OO million in interest payments- due oil Poland's massive debt. Spokesmen for leading banks refused to confirm or deny that such a meeting was "held but an
      UPI  -  374 words
    • Article
      Additional credit for BINTULU gas project found
      185 3 THE additional US$25O million (about Sssls million) financing sought by the Bintnhi gas project has been successfully syndicated. Bank Bumiputra, acting as lead manager and agent for a consortium of 34 banks, said the agreement should be signed in January 1982. This additional
      185 words
    • Article
      Lock icon Liquidity in UAE rising
      99 3 Reuter LIQIjjDITY in the United rose to billion during the first six months of the current year compared with 18.92 billion last December. The UAE's Central Bank said total currency in circulation in June this year was $2.07 billion compared with $2.01 billion in December 1960.
      Reuter  -  99 words
    • Article
      Lock icon .. western bankers take a harder line
      443 3 western bankers take a harder line Reuter ITALIAN banks are watching developments in Poland carefully but are not, for the moment, taking any decisions relating to their loan exposure towards Poland. "To my knowledge no move has been made to write off loans. Attitudes could change but for the moment
      Reuter  -  443 words
    • Article
      Lock icon US bank bill approved
      225 3 AP LEGISLATION aimed at making it easier for American banks to compete for foreign deposits and loans cleared the US Congress on Wednesday and was sent to President Ronald Reagan. The bill, approved on voice votes by both the House and the Senate, eliminates the requirement
      AP  -  225 words
    • Article
      Lock icon Taiwan lowers rates
      141 3 Reuter TAIWAN yesterday lowered its bank lending and deposit rates. The reductions, approved by the Central Bank of China, were announced by the Bankers Association of Taipei (BAT). The maximum rate for medium and long-term loans was lowered to 16 per cent per year from 16.75 per
      Reuter  -  141 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      182 3 Bank of America shows more interest in your Fixed Deposits. Effective 17th December 1981. 6 op. a. for 1 inth "im !•'posit SSI0.0()0 3mths DOSit SS. 7%%p.a. for 3 months minimum deposit 552.500 B»2°„p.a. for 6 months minimum deposit 552.500 1 o 4 o p. a. for 9 12 months
      182 words
Page thumbnail Page 4
  • OVERSEAS
    • Article
      Lock icon Industrial output in US falls 2.1pc
      727 4 NYT INDUSTRIAL production In the US fell 2.1 per cent in November as the 1981 recession continued to spread through the economy. The Commerce Department's chief economist, Mr Robert Ortner, said that with the November drop in industrial production, which measures about a third
      NYT  -  727 words
    • Article
      Lock icon NIGERIAN ECONOMY AFFECTED BY WORLD OIL GLUT
      188 4 AP THE wsrid ail glat is harttag the ecaaamy af allpradaeiag Nigeria, Presldeat Sheha Shagari said when presenting his IK2 hadget pripiaals to a Hat aeaalan af the Natlaasl AaaemMy. Oversapply af all had redaeed the eaaatry's earn» lags aad helped hrtag ahaat
      AP  -  188 words
    • Article
      Lock icon US officials call for a military attack on Libya
      355 4 Reuter, UPI SOME US government officials are calling for a military attack on Libya to punish its radical leader, Muammar Gaddafi, a State Department official said on Wednesday. He was commenting on the deepening crisis between the two countries, fuelled by
      Reuter,; UPI  -  355 words
    • Article
      Lock icon Congress gives approval to foreign aid bill
      215 4 UPI CONGRESS has approved and sent to the White House a U557.56 billion foreign aid appropriations bill that provides President Reagan with the first new money (or the programme since 1979. Earlier on Wednesday, it approved and sent to the White House a
      UPI  -  215 words
    • Article
      Lock icon Dai-Ichi Bank forcasts 3.1pc real growth for Japan
      432 4 Reuter JAPANESE real growth In fiscal 1982 will be 3.1 per cent with a nominal increase 6.6 per cent. Dai-Ichi Kangyo said in an economic forecast that this compares with the figure of 5.2 per cent forecast by the government's Economic Planning
      Reuter  -  432 words
    • Article
      Lock icon EEC steel concessions
      231 4 NYT AMERICAN trade officials said on Tuesday that the European Commoo Market expects to make concessions to the US on. exports of steel, in the hope of warding off anti-dump-ing suits tram American steel companies. Both the Secretary of Commerce, Mr Malcolm Baldrige, and the US Trade
      NYT  -  231 words
    • WORLD IN BRIEF
      • Obituary
        MALAYSIAN PIG EXPORT
        433 4 THE MALAYSIAN Agriculture Department has been urged to end the agreement on the export of pigs to Singapore until the price of pork in Malaysia is stabilised at a lower level. The Consumers Association of Fenang, in making the call, also urged the department to ensure that
        433 words
    • Article
      Lock icon FORD NOT LIKELY TO SEEK FINANCIAL HELP
      202 5 UPI ALTHOUGH some analysts think Ford Motor Co will lose over US$l billion this year, the thought of seeking Inderal loan guarantees is "completely alien", the carmaker's president said. Mr Donald Petersen also held out an olive branch to the United Auto Workers,
      UPI  -  202 words
    • Article
      Polish troops in full control
      668 5 POLAND'S military authorities appear to have crushed much of the worker resistance to martial law, with reports of strikes becoming increasingly sporadic. Polish television said work went ahead on Wednesday in virtually all factories. "There have been only a few attempts to disturb social peace,"
      668 words
    • Article
      Lock icon Laker Airways having cash flow problems
      331 5 AP LAKER Airways, founded by Sir Freddie Laker, pioneer of cut-price air travel, has-severe cash flow difficulties" and is seeking more tffef* to pay interest on bank lomk totalling £191 million. T&p Times of London said yesterday that a British government guarantee is anong
      AP  -  331 words
    • Article
      Lock icon National income of India up 7pc
      213 5 AFP INDIA'S national income gww by 7 per cent during tMFflnancial year ended last Hafeh in contrast to the fall et'4.• per cent in the previMT>«ar. 4 Reserve Bank of India (RBI) report estimated that the income in 1980-81 rose to WjSJfl million rupees
      AFP  -  213 words
    • Article
      Lock icon American recession predicted to last till mid-1982
      285 5 Reuter THE largest bank in the United States has forecast that the current recession in the country's economy will last until the middle of next year. But a worldwide recession would be averted because the economies of the major industrialised nations are proceeding
      Reuter  -  285 words
    • Article
      Lock icon Japanese contribution to security fair
      425 5 AP US pefence Secretary Caspar Weinberger waned on Wednesday of a possible backlasirin the US if the American people conii to believe Japan is contributing too littWto mutual security in the Par East. is important that the sharing be perMved as fair and relatively equal,"
      AP  -  425 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      250 4 SOON. ANEWUOF BRANCH IN BUKTTMERAH. From 26 December, these'U be a new United Overseas jypj Finance Branch in Bukit Merah at No. 01-1088, Block &erah, S'pore 0316. Tel: *****91/2. means th&.you wll soon earn higher interests on MljPj your savings or fixed deposit accounts without leaving tlie neighbourhood or keep
      250 words
    • Advertisement
      Page 4 Advertisements Column 2
      79 4 Gentlemen, ifs now the season to give yourself a shoe gift from Marelli At very special Christmas prices' Renowned for its super!) craftsmanship and supple quality leather Marplli shoes keep its good looks, colour, texture and finish alwavs. So come down quick cos' this is the I«k sale for the
      79 words
Page thumbnail Page 5
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      285 5 I* fi/ITaij ib 6 JED Hr t I I tj v t J iTSri e, OW age house it i iMOUSTWAI tS $Ir4€s .L SET $1,134 *ct 15 A ,i a <5 HI BACK table swivel chair 52 $175 1513 $275 FULL SET Z&G 5578 For many years, Mrs. Helen
      285 words
Page thumbnail Page 6
  • RAW MATERIALS
    • Article
      RUBBER
      294 6 THE Singapore rubber mar- ket yesterday closed firmer with January One RSS buyers quoted at 180.50 cents per kilo, up 1.50 cents from Wednesday's close. The morning market gained 0.50 cents after fluctuating marginally in moderate turnover. Prices firmed in the afternoon on some trade and speculative buying. In
      294 words
    • Article
      RAS PRICES
      308 6 RAS prices In cents per kilo yesterday: Noon (per Ulo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 174.30 175 50N Int. 1 R.S.S. January 179.50 180.50 Int. 1 R.S.S. February 185.00 185.30 Int. 2 R.S.S. 168.00 170.00N UK/Coat 117.00 1M.00N Int. 3 R.S.S. 164.00 166.00N UK/Cant 143.00 165
      308 words
    • Article
      SSR and SMR
      102 6 NOON SSI It and SMR priaa yei iterday: *A8 (Cureat Payers 1 B7 IMtk) Febraary (Forward MU) Bayere Sailers SSR 20 (1-taa pallet) 163.50 164. SON 166.50 186.50N SSR SO (l-loo pallet) 158. SO 160.SON 160JO 162. SON M1ILI Juury Fafcraary SMRCV (1-tea pallet) 186 50 188.50N
      102 words
    • Article
      Straits Tin
      86 6 THE STRAITS tla price la Peiug yesterday fell few ceata te a Idle, te meve dewi la the ITC apper raage ef $34.» aad $17M. The fall was ia line with lewer everaight Leadea advices. ever» seas hayers are eaatieas awaitiag far far* ther develepmeats ever GSA disposals
      86 words
    • Article
      CLOSING PRICES
      34 6 Rubber Dec 17 Singapore: Jan: 180.50 cents (np 1.50 cents) Malaysia: Jan: 199.00 cents (up 3.00 cents) Tin: M $35.08 per kilo (down 4 cents) Official offering: 186 tonnes (down 22 tonnes)
      34 words
    • Article
      Lock icon Inro purchase
      43 6 Reuter RUBBER brokers in London reported the Inro buffer stock manager bidding yesterday morning for further supplies of rubber for the stockpile. They said RSS Ones and Threes were being 9ought for Jan shipment although price levels were not known. Reuter
      Reuter  -  43 words
    • Article
      RICE
      318 6 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.08. 100 per cent third class 1.06, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN A-super 0.73, Special
      318 words
    • Article
      SOYBEAN
      200 6 SOYBEAN futures in Chicago on Wednesday closed down Ave to one US cent a bushel, around the high side of a wide, 35-cent range. Nervousness in all soy complex and grain markets, mainly because of political tension in Poland, featured trade and accounted for extremely choppy price action. Negative
      200 words
    • Article
      Produce exchange
      165 6 CHINESE Piifcm Exchange, ansa «Mag prices per HO kg yesterday. Ciiwt Bulk (ob $108.00 sellers, old drum (in second hand drum) (ob $122.00 sellers, new drum (ob $126.00 sellers. Cspa: Mixed (loose) $59.50 buyers. rsppsr: Muntok white pepper (ob Asta NLW $373.00 sellers, Sarawak white pepper (aq (ob
      165 words
    • Article
      WHEAT
      228 6 WHEAT futures in Chicago oo Wednesday held gains late to close around the high side of a 25-US-cent range, up 3V« to two cents a bushel. Active purchasing by the Midwestern Co-op on the close, estimated at 13 million bushels of March, sparked folkw-through local short-covering. Nervousness over the
      228 words
    • Article
      TEXTILES
      197 6 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Csttsa yam: China Blue Phoenix 30s 2.540; 32s 3,170, 401 3,3« (per bale of 400 lbs). fVee gasds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      197 words
    • Article
      LONDON MARKETS
      613 6 OOnU: Robusta futures yesterday ended the morning with gains about in line with New York's clone on Wednesday night after failing to match the steadier US prices in early business. However, turnover was very light at only 379 lots, including 23 options and 42 cross trades. The market
      613 words
    • Article
      PALM OIL
      117 6 THE Kuala Lumpur crude palm oil market yesterday ruled slightly lower in very quiet trading. The quietness reflects India's request (or deferment of deliveries for January/February shipments involving about 30,000 tonnes of RBD palm oil and RBD olein until after June. In December, south eased slightly by Ms
      117 words
    • Article
      NEW YORK STOCKS
      527 6 oac M aw Onlpn-p»!» u mek ACT IHHIIM m oweSSLwTZZZZ 5t TH" tSTS"** I I CnwMIl m Ak*> AtmSmZIIIZ Sift neb Com Not Qm a« aww» L* asssz* ASoSSSfTZZZ IT* DM» aft -H J, V Oornlnc Oka aft -ft AbaXmT-LZZZ 3ft act CTCSUwi sn iioeh a- fc—»«■«
      527 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      207 6 •> lE, r" t i|qf%{ J:- N,r** vl Jh l\Y\ >?■ > E^ r »-> 'V J ,< °J 1 <•/>}'- '*%s&** J. V 'S 1 *1 1 :s< fcSffS A\ H| < m*M&M 800 cum. From November 1981, you can fly Thai to Bangkok on any of our three
      207 words
    • Advertisement
      Page 6 Advertisements Column 2
      37 6 Come to the /Vm* December 25-29 World Trade Centre, Exhibition Hall (is/ F/oor) 10am- Bpm An exposition and sale of new lines of quality classical furniture of American and European designs, at never-to-be-repeated prices. f. t ,-ii
      37 words
Page thumbnail Page 7
  • TRADE AND INDUSTRY
    • Article
      Workshops on management practices
      261 7  -  By BERNADETTE CHOOI MANAGERS will have a chftpce to examine the applicability of both Eastern and Western management practices now that the National Productivity Board is planning workshops on human resource management with foreign universities. 1 ******iir 'Pfce first such session will be held with the
      261 words
    • Article
      How social transplant can take root
      185 7 THE SUCCESS af Mdal traasplaats taUag mt la Slagapare will be maeh greater If the faetars repair* ed ta nutaia them are UemttfM aad, wherever peaatMe, enrtl ft exlateaee. la this eaatext, flhgip reaas mast tint atady aad ■■lnnieal the Mdal aai ealtaral ariHea
      185 words
    • Article
      Rainy spell disrupts construction work
      344 7 HEAVY rain over the past few days has disrupted worit In the building and coqgruction industry. iiif Lim Kim Peow, pNMflent of the Ready Mixed Concrete AssociaSingapore, said the of the ready mixed concrete companies haq,teen badly affected by the rain. He estimates that the
      344 words
    • Article
      Design service for building industry
      130 7 TWO international companies have set up a joint ventuof here to offer design services in all aspects of engineering relating to the construction industry. The new company, formed last month, is known as Baantt and Oscar Faber. It wa*. set up by consulting engineers WE
      130 words
    • Article
      World editors to exchange ideas
      287 7 EDITORS from some of the leading publishing houses worldwide will attend the first Asian Conference of Editors to be held at Merlin Hotel from Jan 6 to 8. About 200 editors, publishing managers and senior executives from both the public and private sectors from Asia
      287 words
    • Article
      TRADE TALK
      425 7 TH»njnlted World College buidpg fund has received its M donation of $100,000 froqQbe Singapore InternatioM Chamber of Commejp: Rubber Association. Ittg cheque for $100,000 by the chairmaiTDf the association, Mr C Holdorff on Tuesday. the chairman of the UWC Development Fund Committee, Mr R H L Bacon, said,
      425 words
    • Article
      Steel Tubes picks S'pore as world market base
      452 7  -  By LIM SOON NEO A NEW company aet up to manufacture precision steel tubes plans to use Singapore as a base to develop international markets. The company, Steel Tubes of Singapore (Pte) Ltd, is a joint-ven-ture between Steel Tubes of India Ltd;
      452 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      152 7 Gift-hunling for your special ladyBoutique representing <xi /usm fashion Hons, s. I ndies apparel, stun s, ha/nltxigs U ul acet ssinn From Paris: H\lJ.\( IA(. UKKN YKI) PKKKIS Ji: LOl IS S( JIKKKKK From Italy: \l MONT LA lOI.A I K A POL\< < O 11. (.lOIKLLO O<,NIM-:\T: /indm KINUO
      152 words
Page thumbnail Page 8
  • Article
    Being more than just a technician
    500 8 ALEXIS DE TOCQUEVILLE once wrote that lawyers are the aristocrats of a society without noblemen. He meant by this that lawyers must set good examples in citizenship, and must be willing to fill leadership roles within their communities. If lawyers are to succeed in
    500 words
  • Article, Illustration
    Emporium Holdings group forges ahead
    1688 8  -  Set on becoming a well-run chain of stores in South-east Asia, Emporium Holdings has initiated a series of store improvement programmes to capture the heart of the shopper and his or her pocket. They include tightening up managerial lines and changes in the approach towards
    1,688 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      180 8 Success Story. There is no better way to celebrate a large measure of success than with a small measure of Glenfiddich pure malt scotch whisky. Examine our label. You will find that it tells its own story. The story of an independent family company that sets its own uncompromising standards
      180 words
  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      617 8 -IN-ONE CROSSWORD CBYPTIC PUZZLE ACROSS 1 Cheeky UFO? 7 Thought kept In position. Dm may be out of work (8) t Where pigeon may perch on the TV aerial? (4) 10 Film centres, perhaps, or they may be holding the ltae(«) 11 It eliminates errors In an opera series 14
      617 words
    • Miscellaneous
      Page 8 Miscellaneous Column 2
      616 8 SINGAPORE IN 1981 THE TOADmONAL tooU irm cm whM the mnt Hi ltm News, SMGAPOBE tken rwrt—i to be Nattea- IM7 eraat ef the mm mft m* Wmmmm y f t e cnmU rec«» tinUi, The Eh ■wlittwiT These |it»- the IM4 tliai are raised ui aa- M K nfc'i
      616 words
Page thumbnail Page 9
  • Article
    ANOMALY IN A LAND OF LOW EFFICIENCY
    1433 9  -  Japanese engineering knowledge and management skills have turned an eight-year-old factory in Britain into a high-productivity, high-profit and high-quality plant. The experience of Sony's plant and "other foreign companies, says STEVEN RATTNER, shows the extent to which outside techniques, training and organisation can
    1,433 words
  • Article, Illustration
    Lock icon US semi-conductor industry lagging behind Japanese
    1009 9  -  By LOUISE KEHOE FT THE "SILICON VALLEY" of northern California has generally been the source of new technology for the growing US$lB billion a year semi-con- ductor industry. But now, Californian companies find themselves following, rather than leading, in the key market for memory
    FT  -  1,009 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      267 9 NOTICE To the holders of thefloeti Certificates of 0 20th December. 1963 of; 4 THE SUMITOMO ttfirfv LIMITED 'V® Ground Floor, DMBuidMa 4 6 Shontan Way. Singapore 010 C We hereby certify that tHt terest payable on the Certificates of Deposit for the fcrotfkt beginning on 18th£efaifwr 1981 and ending
      267 words
Page thumbnail Page 10
  • COMPANY NEWS I
    • Article
      Reorganisation at NST Press Bhd
      303 10 THE board of the New Straits Times Press (M) Bhd has announced the appointment of Mr Zakuan Artff as managing director under a management reorganisation that will come inta effect from Jan 1, 1982. Currently the deputy managing director, Mr Zakuan will succeed Dntuk Junuß
      303 words
    • Article
      RESULTS DUE
      194 10 Date La st Pall Yet tr finmij ren#a to—wi Net EPS Gram PwtM but ytw <«■*> Dtv. PNdt irm) J Cement i 20/11 7.7 3*b) 4,012 Chin Teck F 22/11 21.7 15.0 2,941* Int Wood I 26/U 8.8 10.0TE 283 Selangor Dredg I 10/12 33.0 40.0 11,931 Berjaya
      194 words
    • Article
      Lock icon Toyota to beef up network with purchase
      154 10 AP TOYOTA Motor Sales Co is acquiring stocks worth about 13 billion yen in Malaysian car companies to consolidate its sales network in the country, a Toyota spokesman said. The transaction will include the purchase of Borneo Motors, an affiliate of Incbcape and
      AP  -  154 words
    • Article
      COMPANY MEETINGS
      53 10 TAIPING Textiles ■wfcsl: EOGM to be held at Bangunan MIDF, Ground Floor, 195A Jalan Pekeliling, Kuala Lumpur on Dec 28 at 11 am. UNITED Industrial Csrpera Hm Limited: Twmtieth AGM to be held at Unit 3104 (36th Floor) UK Building, 5 Shentoa Way, Singapore 0106 on Dec S
      53 words
    • Article
      Timah Langat well received
      360 10 TIMAH Langat made a strong entry on the Kuala Lumpur stock market on Wednesday to close at M 112.60 after touching a high of $13.00 for the day. The traded levels were higher than generally expected (the expectation was between 18 and $10) and came against
      360 words
    • Article
      COMPANY BRIEFS
      342 10 INCHCAPE Bhd has informed the SES that its net asset backing per share will rise by about 19.5 cents following the sale of its shareholdings in Assembly Services Sdn Bhd, Automotive and Industries Sdn Bhd, Borneo Motors (Malaysia) Sdn Bhd and NBT (Sarawak) Sdn Bhd. The purchase consideration
      342 words
    • Article
      Supreme Corp disposes of two companies
      335 10 SUPREME Corporation Bfad has revealed that it sold United Kengsoon Enterprise Sdn Bhd to Mr Peter Lai On Ken. Another company within the group, United Kengsoon Credit Sdn Bhd, was sold to UNE Holdings Sdn Bhd Supreme Corp was replying to queries from the
      335 words
    • Article
      Hong Fok acquisition
      124 10 HONG Fok Corporation has acquired the entire issue capital of six dormant companies for a total casta consideration of $12, or $2 far eacfa company. The property group has taken over Hong Fok Enterprises Pte Ltd, Hong Fok Nominees Pte Ltd, HF Joint Venture Pte Lte, HF
      124 words
    • Article
      Palmco encouraged by pace of development
      610 13  -  By TRACEY CHIN PALMCO Holdings Bhd is optimistic the increased pace of development in Malaysia will give rise to favourable conditions far the development of its other activities besides its traditional palm-based operations. Chairman Chan Yit Meng notes in his latest annual report that
      610 words
    • Article
      COMPANY MEETINGS
      130 13 SINGAPORE L*ad Limited: Eighteenth AGM to be held in the Conference Room, 19th Floor, Shing Kwan House, 4 Shenton Way, Singapore 0106 on Dec 18 at noon. THE Beasag Hi Dredglag f—paay, Limited: The Sixty-eighth AGM to be held on the 19th Floor, OCBC Centre, Singapore 0104 on
      130 words
    • Article
      Group pre-tax earnings expected to decline
      460 13 PALMCO Holdings has forecast lower group pre-tax profits of M 514.2 million for the current year ending June 30, 1982, compared with $14.3 million for the year Just ended. Palmco's earnings forecast for the current year is thus below that of H7.5 million projected
      460 words
  • ASIAN STOCKS
    • Article
      Sydney
      258 10 MAJOR resource issues in Sydney yesterday firmed, but industrials were mixed in light trading. The All-Ordinaries index closed 2.1 points up at 596.2. Market turnover was low but several big sales were reported as off-room transactions. The National Bank and Wool worths featured in Sdal sales of Just under
      258 words
    • Article
      Market closes lower
      233 10 HONGKONG THE Hongkong stock market yesterday closed lower on liquidation and some short selling, extending an early fall which was in sympathy with Wall Street. Buying interest was generally lacking and the Hang Seng index ended 33.17 points lower at 1,342.96. Some traders attributed the weakness to
      233 words
    • Article
      Tokyo shares finish higher
      293 10 SHARE prices in Tokyo yesterday rose slightly od scattered bargain-hunting in hhie chips after morning weakness which started in oils, prompted by news of the failure of a joint Japan/South Korea oil search in the East rhin* Sea to find commercial deposits. Hie market average gained
      293 words
    • Article
      Selected indices
      51 10 FINANCIAL TIMES INDUSTRIALS Wednesday 520.6 Tuesday 513J Week Ago 530.2 DOW JONES AVERAGE INDUSTRIALS Wednesday 808 72 Tuesday 875.96 Week Ago 888.22 HJLHANG SENG Thursday 1342.98 Wednesday 1378.15 Week A«o 1412.99 AUSTRALIAN INDUSTRIALS Thursday 739.8 Wednesday 738.2 Week Ago 740.9 ALL ORDINARIE8 Thursday 598J Wednesday 5<M0 Week Ago
      51 words
    • Article
      Bangkok
      68 10 STOCK prices in Bangkok yesterday closed generally steady in quiet trading which centred around popular shares. The Book Club index rose 0.12 points to 94.35 (or a turnover of 8.9 million baht. Bangkok Bank rose two batat to 244 and First Trust fell 0.50 to 51.50 while Berli Jucker,
      68 words
    • Article
      Manila
      75 10 THE Manila stock market yesterday ended slightly higher as commercial/ industrial remained un- changed and mining finned with oils while turnover fell to 621,000 pesos from one million pesos. DBC 11 hn AUM ODD A AUai cm. 1MB 44 Ba«ufc> OoU mm uneb BUUMtOMLt BT Goodrich mcr LAnOoii 4Ji
      75 words
  • Page 10 Advertisements
    • Advertisement
      Page 10 Advertisements Column 1
      269 10 35 reasons why more people readREADER'S DIGESTthan any other m la. E i issue of Reader's Digest now. m (and decide later I if you'll subscribe) m 8 Reason #28 HEALTH Reason 25 SELFIMPROVEMENT *1 jO. OUT •V* AM* •?> Fascinating articldlentevtaixiing book___r features and fettewe FREET~~ i In every
      269 words
    • Advertisement
      Page 10 Advertisements Column 2
      64 10 THE FUJI BANK, LIMITED SINGAPORE BRANCH USS3O,OOO,OCX) Negotiable Floating Rate U.S.Dollar Certificates of Deposit due December 19, 1985 In accordance with the provisions of the Certificate, notice is hereby given that for the Interest Period from December 17, 1981 to June 17, 1982 the Certificates will carry a rate of
      64 words
Page thumbnail Page 11
  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1407 11 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acaa (1) 2.90
    1,407 words
  • Article
    Unit trusts
    85 11 HWOATOM! UTtTT TBUST OUMOW) MOT TOM IWOemmeee U1 IwSJEE? J"? ?"2 yp«W(UB) OJD MB i> por» PPBf Fund L<1 L# SI L74 S&ZhLTSL (MwKlrtW) o utwttĔ Fund Ul L14 DmMK hmvi rnvt S>w Equity FM IS Uteri t^mJt^nUuT^ Imeama Boad L« L« s Is satsu s Is 5SS3KKS
    85 words
  • Article
    SHARE INFORMATION SERVICE
    2776 11 1M1 Higb Low Coapujr Last Sale +orGr*s DW Div Crr Gt>» Net Y*kl P/E Vol Day COOO) High Low 8ECT10N ONE INDUSTRIAL A COMMERCIAL m 248 Aetna 119 119 Alcorn aw UO Allied Choc 312 190 B A T 420 90S Bat* 200 79 Ben 470 900
    2,776 words
  • Article
    In Kuala Lumpur
    1530 11 BID and offer price® officially listed and business in and reim ported to the Kuala Lumpur Stock Exchange yesterday. > with the number of shares traded shown in brackets in La lots of 1,000 units, unless otherUl wise specified. LU Daanuu Jg m i ii obb) AMMB
    1,530 words
  • Article
    COMPANY MEETINGS
    155 11 ■ONG Leeag Orait Berhmi: Twelfth AGM to be held at the Conference Room, 14th Floor, Bangunan Hong Leong, 117, Jalan Bandar, Kuala Lumpur on Dec 31 at 10 am. MALAYSIA Mhtag CerperattM Berhad: Fifth AGM to be held at the Conference Room, Pernas Charter Management Sdn Bhd, Wtema
    155 words
  • Article
    Prices ease amidst uncertainty
    582 11 UNCERTAINTY haw Ike > tklek leg tvtr tke stock market yesterday keeplag Mm by tke oldellaee. »y «ttptiiwS ew£ Mgkt Imk Bmm ewtm tkea ke|M ta rtae adldly tart there «we always mU- ta depress prices ink iieltl*t as ■pari > remit, the Straits ndd-day reflected
    582 words
  • Article
    KL continues to decline
    593 11 THE Kuala Lumpur stock market continued its downswing on a wide front yesterday amid an uninspiring session. Total turnover (dunged below the four-mil-lion mark. Prices opened slightly steadier but fluctuated as the session wore on and finished mixed with an easier bias towards lunch break. In
    593 words
Page thumbnail Page 12
  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        174 12 OK M m CORBZILXJt Air-Liquid* Ban Oury* C8F (TboaiaonCW m dM Wiolw cyp—nf pumdin i 8 3 i till til -ft ♦a unch f\rtn|mcntt Oranli CTMUt Poocter D* Franca SMJO 310-30 L7 ♦aj HMMto (Ubrmlrte). MmMmi Bull Ifieballa (B) PHttM Ntbtaq Kuhlmann Z SOJS Ill SUJO •a ♦a +1JB
        174 words
      • Article
        Amsterdam
        143 12 DBC 14 n» AftM -Li A|MM fa -aj Abo a. io tU AMXV MM -0.7 Amntmm tjm uneb Amro tok M -0J s=rMl -U MJO +ai MM •i Bur^msnn MJO -as Caland CalT* Nil n.11 uij MM sum MJO -0.1 -u ■u ■nnta IVlttK JTM •1.1 Vnm fUmna mm
        143 words
      • Article
        Brussels
        81 12 DEC r FOBWAKD Mi ACM T» LSI M KBT M I 1 411 i i ia i •raacan I Bru-L«jDb SSrl D» Inn Ktectrofcai OO-tnoo-Bm ft— ISO 1M KM a MM -a i I 1 1 A 1 t I l 1 > 10 «<*-» P«tro < Rjl DutcA
        81 words
      • Article
        Frankfurt
        152 12 DKH Dm Aac-Tatefunfcan 47J* Ate MlH AUaLatoaa MBB *10 »U BIT H T wtut ii B*j Vbank WS •gf Hi» »u S5£. bmw in j* OkMrtla au uncb CTiii Var* dim -j Coannbut m« oj Coou Oummi AW »U oumtef-B«. moo -n MM -1 um -i dmuka* Bant rxuao
        152 words
      • Article
        Zurich
        49 12 3 nmm i 1 r TP" •"I'.V! paNBI *1^—i ra f- m Swtta. Br WW -U Union Bank Of Bwiu Hag OD unci mDlarthur Br mo 10 1«T0 ■I ***** unci Zurich lnxur Hi* mtuf It CrwJll SuiM* foodt-Boodi H Cr»dlt SulMt roata-Int MH H Source: Credit Suisse
        49 words
      • Article
        Milan
        41 12 Lift net 1 1 m i 10 Ertttan* rw Ord fc 1 -j m --■m M a T» mo idt M (1 in i i 5 no -i m u m imp a LMm «n -i •j •i Source: BCI
        41 words
      • Article
        Lock icon Dumping of typewriters
        215 12 AP A SENIOR executive of the last-surviving maker of portable electric typewriters in the US has told Congress that, "Persistent, proven dumping of Japanese imports" and the "indifference, if not outright hostility" of government bureaucrats threaten to destroy his business. George Bums, president of the consumer products
        AP  -  215 words
      • Article
        TORONTO
        128 12 oac a AbniM M I 1 J Ik -k 9k k KM •Ml TM •Mb On »p ou Cm i Ik n Ik •k Ik k unch -k Olaw to* Pf a Ou& CTKmmtM I Oop« IT* -ft nutko. Oacilaoo a* unefe Doaa Mm Don iw IM Bt DM
        128 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      172 12 "The American Express Card serves you well, wherever good food is served". m .ss. *5 Get away to Sentosa with family and friends 4 ■i.. ',"v4 'Hs&LZ&'jMM 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
      172 words
    • Advertisement
      Page 12 Advertisements Column 2
      83 12 to* For sushi. For teppanyaki. For other authentically Japanese delights. i\hi •>,'( J i.(§J C «-*****1"% I*: i i'K l i« il« ui *"->i 1 i| >< n-» NUTMEGS Hyatt Canto Model Agency Mngtovou m TUESDAY FASHION EXCLUSIVtS Showtime: 1 2 p.m. I oal *****11 «d2llotoriM«v V i\T 3* J
      83 words
    • Advertisement
      Page 12 Advertisements Column 3
      197 12 %?|&;*:,{~.|)'[*'"]"$<?)`{]|+@> Klsl\ I K Bet. >IV >11 tl\ .?\\,>\ t> 1 i. »rvii:n l.mJ-, lu\ k-m \> >ur Im'J- t I nil k nit r!,v r:\rC »?itnu-nN l\t.M.rir.int. Kr!.i\ ;n innm.itr miit> .tiki u i!k' ,i:ij ,1: •>> m-«»n tin n rrr l!''<■:"!i if!. i.i] v 11 \r iA i"'
      197 words
    • Advertisement
      Page 12 Advertisements Column 4
      116 12 When you dine, dine Cantonese. a o 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
      116 words
    • Advertisement
      Page 12 Advertisements Column 5
      118 12 as For businessmen and professionals, a place to call your own. Located at the basement of the Cockpit Hotel is the Citation. Exclusive. Plush. Luxuriously spacious. A club with live and pleasant entertainment, gracious hostesses and all the privacy you want. Ideal lor drinks and evenings with clients and colleagues.
      118 words
Page thumbnail Page 13
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      141 13 m l U' K > f u > m m 23 f mm -H 2* The naked truth aboutTeacherls. Every popular whisky is made from blending pure malt whiskies and less expensive grain whiskies. Malt costs at least twice as much as grain. And more malt means more character; a
      141 words
Page thumbnail Page 14
  • Article
    Pre-tax profits at UMFM fall
    313 14 INTENSE competition in the wheat flour market has taken its toll on the earnings of United Malayan Flour Mills Bhd (UMFM). Group pre-tax profits fell 24.7 per cent to MJ1.97 million for the last financial year ended July 31,1981. Apart from the stiff competition which
    313 words
  • Article
    SES and KLSE to hold talks on trading hours
    459 14  -  Companies Editor: Mano Sabnani By MAUDRENE NITHIANANDUM OFFICIALS from the Singapore Stock Exchange intend to hold discussions with their Malaysian counterparts in Kuala Lumpur regarding the trading hours of the two exchanges. The discussions, likely to be held soon, have been
    459 words
  • Article
    Lock icon Favourable outlook for London stock market
    556 14 Reuter THE OUTLOOK for UK share prices in 1982 appears generally favourable, and average gains are expected to range from 15 to 30 per cent. Analysts and fund managers noted that a widespread feeling of cautious, but clear-cut, optimism carries the negative implication that
    Reuter  -  556 words
  • Article
    LONDON STOCKS
    824 14 LONDON, Ttaurs Leading «hares opened slightly firmer today, with sentiment helped by the higher trend la sterling, dealers said. At 8008, the Financial Times lades was down 2.0 poißts at 518.6 Early turnover was light but Glaxo, Tubes aad Hawker Siddeley saw 2p galas while Tleerham, Courtaulds and
    824 words
  • Chief Price Changes
    • Article
      SINGAPORE
      139 14 Rises Indices fir. 510 490 M 25 BT ladtcata Dk 1ft Doc IT Nat Iroa •10 r: 17*36 1TB* Hwa HOM 174 16 Industrials: 751* 752.* Daalop Est MO 15 Finance. lftBft.23 1ft* 4f Tractors Towa ft City Rytoz Mir HUn H Lmk Fta MO 15 nCHfa 12B.il 1*1*
      139 words
    • Article, Illustration
      KUALA LUMPUR
      73 14 mn in ,CW BTbtfat: Dec 1» OK 17 ins sum Fiance: 19M.1t 1MT.M Hotato: 3R.JI CB.1I IVoprtu: nun MJ iw: m.o xn.m Mbn: 12BUB HOC Most Active UOB SUM Hjrta MjM Sat Darby MB, 000 tnj nQQ suss ird mjm r: VUm Total vmkttj 1MB atAßCpikM started «to
      73 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      727 14 BILL REDDIN IN SEMINAR Professor W. (Bill) Reddin is the developer of the 3D Theory of Managerial Effectiveness. Professor Reddin has probably written more on this topic than anyone. His world following attests to his acceptance. The London Times called him 'The Management Guru of the Year". His "Effective MBO"
      727 words
    • Advertisement
      Page 14 Advertisements Column 2
      316 14 STALKING HORSES and OUIJA BOARDS On October 12th, at a time when our editors dieted that the "Dow will touch LMO before hi n prehlttlnt id that dieted that the Dow will touch UNO before hitting 790", an nnlversally publicised chartist stated that the "unmistakable trend Is down",* prophecy that
      316 words
  • Page 14 Miscellaneous
    • Miscellaneous
      Page 14 Miscellaneous Column 1
      63 14 OUTLOOK for Singapore today: Overcast sky, cool and windy with occasional showers expected throughout the day. Beptrt for 24 hnn prtor to 7J9 pm m Dm 17 at toe alrptrt: Maximum temperature 28.4 Associated humidity 78 Minimum temperature 23.0 Associated humidity 98 Hours of sunshine 1.90 Rainfall in millimetres 28.2
      63 words
Page thumbnail Page 15
  • SHIPPING TIMES
    • Article
      Manila increases its cargo handling rates
      330 15 I rates at tye Manila South Harbour were all raised, following the resolution, of remaining obstructions in their imposi- tidh, by the Ocean Terminal Services, Inc (OTSI). ""'The new stevedoring rates were approved as early as September by the Philippine Poets Authority Board of
      330 words
    • Article
      CC Line service
      39 15 CC LINE operates a service from the Far East to the Red _fiea/Mediterranean region and not the Gulf region as Jfiported yesterday. Frata Shipping, the Singapore agent, fte%eaded by Mr Tan Kay Hock, its managing director.
      39 words
    • Article
      Sankyu wins JGC shipment contract to Trengganu
      476 15  -  By VONG NYAM MING JGC CORPORATION of Japan, prime contractor to Petronas for its first oil refinery at Kerteh, Trengganu, is making efforts to beat the 1983 plant commissioning deadline. In an effort to keep within a tight schedule, JGC has appointed a
      476 words
    • PORTSIDES
      • Article
        Lock icon ASRY wins US$2.5m deal
        97 15 Reuter THE Bahrain-based Arab Shipbuilding and Repair Yard (ASRY) has won a US$2.5 million contract to repair a 323,114 dwt ultra large crude carrier (ULCC) from Soponata, the Portugese government-owned tanker company. According to a issue of the bulletin of the Organisation of Arab Petroleum Exporting
        Reuter  -  97 words
      • Article
        Witass to raise rates
        64 15 THE Association of West India Trans-Atlantic Steam Ship Lines (Witass) will increase its freight rates between European ports and the West Indies and Latin America next year. The increase will vary in proportion to members' actual cost increase in each area, Witass said. This will take
        64 words
      • Article
        Lock icon Search continues
        139 15 AP PHILIPPINE navy ships were continuing the search for 20 people still unaccounted for after a fire aboard the Liberian-registered oil tanker Oriental Navigator. A navy spokesman said 17 of the tanker's 3&man crew survived the fire and explosion that rocked the vessel on Wednesday off Limay town,
        AP  -  139 words
    • Article
      INDEX TO ADVERTISERS
      648 15 ShipptagLtoe AchlpeJep. slpc P»CC C«i Skipping LU, Ctl VI a Efypttaa Iat vm I Adrtebc Coat vm 4 Bat VI a Ate* VI > BM m 4n 4 AJb-o-EurmMa VI 9 Ewh*o Orient IV Alfred CT VI I Evtigiwu IV a Ailtma vn 4 Fcaco vn 4/5
      648 words
    • Article
      SHIPS IN PORT
      380 16 AKMWA18 arm wiabvb Aeglas Nikolas (after Hetian) 1/7 Barter Touterg (Ro/ro) (after President Adams must Starboard ■lifted*) m/iT Jenaon (after Jeuaoa IV) a Kou Buaaa (after Kota Jaaa) 10/ U Pacific (after Lancashire) 33/34 Quirtnale (1900 after Oatamarca n)« Shoun Mara No.5 (Taster) (after Bum Stai (P/O)
      380 words
    • Article
      Container Schedules
      827 16 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Vessel's Name Australia Maru Chev Val belle K. Prorokov CecUle Maersk Maersk Ran do Keumgang Glory Tun bang VII Anson Mediterranean Dragoer Maersk Bunga Permal N. Oolovanov Ever Light Planeta Jenhol Jayakarta Voy Estimated No. Time of
      827 words
    • Article
      LONDON FREIGHTS
      1468 16 CHARTERING was very quiet on Wednesday in all sector of the freight market with rates generally showing «n»i Irregular movements where changed. A US$l.2O decline was seen for 30,000 tons of grain froo the US Gulf to Japan, at US JO 00, while a fairly steady $1! was
      1,468 words
    • Article
      ORIENT EXCHANGE
      558 17 V.ASEAN ships, barges and tugs are ending 1961 with satisfactory liner cargo or K affreightment contracts. Freight rates are moving upwards as operating costs increase. Shipping and trading K business in the internation- al market is somewhat > alow. However, there is Jome active movements re- sported in
      558 words
    • Article
      EXPECTED GROWTH IN BOX TRADE ROUTES
      220 17 THE BIG-SIX container trade routes are expected to grow on an average by 5 per cent every year until 1986, according to the largest US private container operator. Mr Charles Hiltzheimer, chief executive of Sea-Land Industries Investments, said a 5 per cent growth was
      220 words
    • Article
      Hapag-Lloyd and Ben/OCL in new joint service
      509 17 HAPAG-Lloyd and Ben/OCL are to introduce self-sustain-ing, fully-cellular vessels to the trade between Northwest Europe and the Indonesian archipelago, from mid-1982. Two such vessels of about 1,000 TEUs capacity are to be phased-in within the body d a new Joint service arrangement between
      509 words
    • Article
      Consortium incurs heavy losses
      163 17 DISPUTES at Southampton Dock this year have cost the shipping consortium, Southern Africa-Europe Container Service (SAECS), a staggering £10 million. The consortium has nine member lines, two of which are British. Since March, it has almost had to continually divert ships to other ports because of
      163 words
    • Article
      SHIPPING LIST
      260 22 OAKLAND Barber Tons berg, BBS, Dec 18. N. Topaz/N Pearl, NOL, Dec 18. World Lion/Innovator, Sea Land, Dec 20. World Lion/Developer, Sea Land. Dec 20. Dragoer Maersk, Maersk, Dec 20. O. Leader, OOCL-Seapac, Dec 21. P. Pierce, APL, Dec 28. World Tlger/Marlner, SeaLand, Dec 27. World Tlger/Llberator, Sea
      260 words
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      284 15 a st class transport Agents: Nedlloyd EAC For further details, please refer to page V I Scan Dutch V \R I) 1 M W I AH Orient Overseas Co*UcuteA Line FUIY CONTAKRBED SERVICE FROM EUROPE (VIA SlfZ) VMEWC mrtOßn PJMmi S*pmJ Kta| KmNni Oukj T*» 20/12 21/12 25/12 28/12 31/12
      284 words
    • Advertisement
      Page 15 Advertisements Column 2
      194 15 aSEALORDH UASC UNITED ARAB SHIPPING CO SAG) 11 N l» EXPRESS MULTI-PURPOSE SERVICES Oammam (3/1). Kuwait (6/1). Shuaiba (9/1). Doha (12/1). Abu Dhabi (15/1). Dubai (18/1) Abo Dhabi (27/1), Dubai (30/1). Dam mam (2/2), Shuaito (5/2). Jubari (8/2), Kuwait (11/2) FULLY CONTAINERISED SERVICE« JL DEPARTURES TO USA. CANADA AND CARIBBEAN
      194 words
    • Advertisement
      Page 15 Advertisements Column 3
      13 15 CONTAINER Schedules SHIPS In Port LONDON Freights ORIENT Exchange SHIPPING Schedule REGIONAL Weather
      13 words
    • Advertisement
      Page 15 Advertisements Column 4
      365 15 Agents Nedlloyd EAC Please refer to pagi y MAERSK LINE EXPORT FULL CONTAINER SERVICES TO. U A PACIFIC, OULF, ATLANTIC, EAST CANADA, ASIAN PORTO T—rt (PortKetontl Penam Vmhl I 33 IT eh? IB IB MAERSX UMBO 4-5/1 $-7/1 AMOLDhUOSX 7/1 5/1 Z,\ MA£RSK MANGO 14-17/1 IS-19/1 LEBEMISa 21/1 7/2 i,\
      365 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      843 16 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, NO2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 044)9, MALAYSIA. TEL *****6 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Aataerp. LHm. Mao, Basle. UK. 3) Bremen. 'Accaptai Eerapa carp far Ma m Tport- *Mw tract carta far Sport I Ba«kot. contact FBMSC
      843 words
    • Advertisement
      Page 16 Advertisements Column 2
      175 16 E31 TO: PANAMA US ATLANTIC -2- EAST CANADA US OULF an Ivi 1/2 VI nn a/i vi vj TO: CALIFORNIA VENEZUELA EXPRESS CONTAINER SERVICE cniinnaacacxscDa g J 17/1 .1 IVl 17/1 17/1 nvu VII •JVU nvi hW vu VI IVl TO: VANCOUVER US PACIFIC COAST 1VU 17/12 IVl *U/1 IVl
      175 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      620 17 The Straits Steamship Group Overseas Containers Limited U L* ladm u WH m u im Ul In MH Mi iAn.aM.ii) Ul fcUM Ul Mai aa ui fciM M kntaMi M Md-a tUB Ul L*«*. Skm mm MM man sriiMtak I Mmm T* —Pmbwb LID. QCL CONTAINERSHIP SfRVICE TO UK CONTINENT
      620 words
    • Advertisement
      Page 17 Advertisements Column 2
      299 17 NOTICE M/tt/U AT PIA Bill in U/W Owl Survey ot rtam»n»l cv«o dtKterfcd a the above vend wObeMdoi Wedwday Xlrd Daccmbcr aa fran •Jl w to 12Jt nooo No further up will bt«Md after thfc dale. wu^innanc LTD fJq Franco 80/ yum Services urmm rtw Ntai ntM r«ai II Ib
      299 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      739 18 Hapag-Uoyd TO NORTH EUROPE Hm+m Uprtts TMfebpraa Also accept** translupment c*|o tor CARIBBEAN/WEST HUES «a Hamburg" TO HDnmRAKH S pore PR Pen Mbao Genoa H'burg B haven Rdam Antwerp Peter (hckmers 20/12 30/12 24/1 2/2 31/12 27/12 25/12 Rejenste* 4/1 '/> 10/1 l 2 *'2 3/2 TOICA/CMM>r f P Ktwt
      739 words
    • Advertisement
      Page 18 Advertisements Column 2
      375 18 MG.&L.INE KOREA SHIPPING CORPORATION STORE P. Ketanf PENANG /EGA 167W 21-23 Dec 24-27 fee 21-30 Dtc FROM BUSAN BANGKOK VEGA 16JE 21-23 Dtc 24-27 Dec 21-30 Dec TO BUSAN U.TAKI7IW 22-25 Jan 26-2S Jan 29-31 Jan TO BUSAN UTAH 172E 22-25 Jan 26-21 Jan 29-31 Jan FROM BUSAN BANGKOK Abo
      375 words
    • Advertisement
      Page 18 Advertisements Column 3
      439 18 ©EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE 1 ACCEFTMG Fa t La CARGO FOR: S>« MM HmAbi FMm MM* ktmmt U (tew (mi lack? a/12 4/(1 IS/(1 17/11 19/41 11/11 12/11 ImtlM 1/(1 24/(1 a/11 IMI »/•> 1/42 t<m U+t 11/11 a/11 im 4/t2 4/(2 l/t2 1/(2 tm Mctan a/1 11/2
      439 words
    • Advertisement
      Page 18 Advertisements Column 4
      672 18 Everett Lines B F.S.S.C Ag«nn «i MatoyiM BOUSTEAD SMPPWG X KL *****4/*****7—PKELANG *****1/8 PENANG TEL NOS KL *****4/4)73B7—PKEL *****1/8 D6CHAPGJNG OM.Y CwflM ArgMtMi 0« ||>H "ARGENTINE NATIONAL LINE" LOAHNG FOR DURBAN MONTEVDEO BUENOS AMES S>m mum 1/2 F* Tramportaaon Maritime Mtxicana S. A. >*** "MEXICAN NATIONAL LINE" FM EAST/MEXICO I
      672 words
    • Advertisement
      Page 18 Advertisements Column 5
      204 18 mO.S.E. OCEAN SHIPPING ENTERPRISES PTE L"C 31 SANKYO LINE la miu/; t aim ■uum mranmain IE 4MM4/4M7U ran blank an mwmmvm ia JUTtt/ymi noniom SUN UNION LINE ICMSSI 22-23/12 "wwllero 1 «st m mmm im t* mstwvttu I*C7MI*U7S TO PAPUA NEW GUMEA/SOUTH KYOWA LINE m mimn i mint KWUIMM (AST
      204 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      615 19 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) VESSEL VOY. 19W/20E /.i a i m Liiihi iFil Accepting LCL Cargo to Colombo, Aqaba and Hodoklah. 7-9/1 11-12/2 18-19/3 S.E.A. Container Feeder Service SINGAPORE/PT KELANG/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS Ik*•;o.i .iy:<■::f?li *n: w.ii NEP. TOPAZ NEP. AQATE
      615 words
    • Advertisement
      Page 19 Advertisements Column 2
      671 19 JK-. Mb bpran BEN LINE CONTAINERS EXPRESS CONTARO SERMCE TO/FROM EUROPE »twk »*avw mm mmsortm S-«m P MwiWCwmmt/ tatniMwc FnuMUl H/li 11/1 VI 7/1 n/u a/u ii/i li/i a/i nj\ is/i vi a/i a/i 77/ i »/i a/i vi ivi 77/ i n/i a/i n/i U/l IVI 2/2 4/2 V
      671 words
    • Advertisement
      Page 19 Advertisements Column 3
      290 19 r Yi M. IV \i Scan Dutch 9 WEEKLY EXPRESS CONTAINER P/UK/NC/SCAN SERVICE ,V VI V y ft] 17/11 fOMCA MOON a/u M/u QMU* f ACE 1/1 *17 11/U KMC* (Ui/I l/i m >/i ■MM It MEW IS/1 14/1 1) Mifra. Can. l*oara 2) In m In I"** lata (Tttvr).
      290 words
    • Advertisement
      Page 19 Advertisements Column 4
      432 19 HMBG 21 Jon 3 Fab (Deep Tonfc Spec* AvofabU) Lykes Lines us. NEST COAST SERVICE JOHNTYKES m Lb ,/T tW [S 5/1 7/1 31/1 |ft C*|C far HMia. Yo>n»f and I T/S «ii ROM (Las* «rijr) rre iMtiMi hmm i be* $R) CHARLES LYRESII/1 31/1 2 f/2 r NMZMU.O. MOOCO
      432 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      551 20 "K LINE KAWASAKI KISEN KAISHA. LTD T7TT7T C«iw KopbUi hi MM Itaiiwii PnM.it H»ilnk (Mk Mm M Ma, $t Mm, NVMu MRMN, UVMA, AkjlsmnSß F. JAPAN-STRAITS-JAPAN J*JHen Pw*g P.lUtang Sport I Tokyo N*oya Kobe gjgpwMM 21/12 I 27/12 a/u m/u Iw t 1/1 «/1 fc RHMT lIJ CT/U Cf/M w/u
      551 words
    • Advertisement
      Page 20 Advertisements Column 2
      352 20 CAUFORNU/PAOFK NORTH WIST SERVICE UrtfSS CONTANKR/REEFER SUVtCE im*i i* un mo, mi fWcßca wtni. warn mmccmo. m. Faywi w*n P Un Sap»*t I. ta|Mn INtUHT Ski Him Hk AUSTRALIA EXPRESS CONTAINER SUVtCE IctMN FO/FCL CefcMn P UM| SM« RM AM Srf »ho rncm I IBM" 200k 210k IJm 3Jm tlm
      352 words
    • Advertisement
      Page 20 Advertisements Column 3
      454 20 (■l'oiin SINGAPORE SHIPPING AGENCIES PTE LTD fTHHOOR OCf AN BKIIDINt. SINGAPOMf 0104 mark? Ting *****2 tj U nisi c,infra! Tf RMINAI Of 2??3«.83 TtLFX RS24S9>, RS 2bbfcH A B ARSHIP AHll CARC.OSMIF .1 Ml Container Lines SAILINGS A WEEK to/from BANGKOK ■miob/M kn/uiK MIK im m/m a/a o« 22/»bk ■J"•»/•«
      454 words
    • Advertisement
      Page 20 Advertisements Column 4
      510 20 KORINS MARITIME SERVICES Room f»GI ICB Building Way Singapore Th *****2? *****67 P Kelang Te! 38-'004'*****', MIDDLE EAST/RED SEA/EUROPE SERVICES KMCiVIMU ?im la«*|Nr BLR6A VAND4 10 ten flmdi> Abtoat/B. Um J J® J" Dubai/Mwcat/Bahrata A KMCL -20 Ml RaMtar AMLM/ R (IM Hi Hyundae Shipping Co. lid. S*P« P. K*n|
      510 words
    • Advertisement
      Page 20 Advertisements Column 5
      230 20 INTRASEA (PTE) LTD. BREAKBULK SERVICE TO EUROPE/UK Tfm P. Mm 21 toe kM UJM IJH FULL CONTAINER WEST BOUND SERVICE FULL CONTAINER EAST BOUNO SERVICE FULL CONTAINER HK/KEE/YOKO SERVICE gj ALP AC LINE S*pifi HHCmUVU 24 tec 27 Bsc UaAVtar KMM/DwiM INIXAFIIICA pT7T> m nm ZUL HUT CONTAMEft LME ft.
      230 words
Page thumbnail Page 21
  • Page 21 Advertisements
    • Advertisement
      Page 21 Advertisements Column 1
      674 21 ILNOL NEPTUNE ORIENT LINES LTI FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): C ROZE 271+ SS BMDGE 34W... K CHANCE 6W T* BMDGE 991.... N JADE 5R K MCENON 16W. A Tfm&er 0' Aff Consortium Also accepting cargo to/from Scandinavia C ROZE S'pore Closing Times: F& Cargo 0600
      674 words
    • Advertisement
      Page 21 Advertisements Column 2
      454 21 MALDIVE LINES n* it* eta STORE KUANTAM PORT KELANG 4/1/82 WPORT 30/12 22/12 3/1/82 30/12 1/1/82 MALDfK MKHBOUR 4/1/82 Loading For Hodeidah/Jeddah MALDIVE mn WPOKT loading for Alexandria MALDIVE CREST 30/12 Loading For Karachi MMJME NOBU 22/12 Loading For Muscat/ Dubai/Dammam MALDIVE HODE 3/1/82 30/12 Loading For Kuwait MALDIVE PWfER
      454 words
    • Advertisement
      Page 21 Advertisements Column 3
      659 21 SINSOV SINGAPORE SOVET SHIPPING CO PRIVATE LTD 9NSOV M.OWG 55, Kartlt StTMt Stofapore 0104 THephane Numbers *****3 (15 Lints) Cable Address SMSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2SIOS P KELAMG POMNG M/S SNMfIMT MM SOON SOL M> IST ANO 2ND FLOOR. MM TMONC mhk w*m rw» 5
      659 words
    • Advertisement
      Page 21 Advertisements Column 4
      33 21 fci i T > ;1i vyi EXPRESS TO BMIULU S Un (Ml 1M) 1* un (Mi tW) Hf 17 to Agents: JAMBATAN MERAH SDN. BHD. P. Kelang *****6/7 K L. M 5091/2 Penang 3C<g
      33 words
Page thumbnail Page 22
  • Page 22 Advertisements
    • Advertisement
      Page 22 Advertisements Column 1
      465 22 ■e- EGYPTIAN INTERNATIONAL LINE (EIL) INTERNATIONAL LINE (EIL) EGYPTIAN FLAG si Mti A»M« H SHIPPING PJf I TO 1119 WoflO Trade Centre Maritime Square Spme 0409 Hi f*S .'10!' lei *****11 2/***** ?735i8? HS H M Sdn Bhd HI TH *****3 4860? Pt Mel IH 3869% Hi 3971b Penang lei
      465 words
    • Advertisement
      Page 22 Advertisements Column 2
      568 22 ft JOHORE SHIPPING '53 JALAN TENGKU BADAR PORT KfcLANG SEIANGOR MALAYSIA HAJ SHIPPING SDN. BERHAD Express Umttoad Servee from P Keteng k East Malaysia I Brunei HAYATI V: 19/11 HAYATIV: 1/12 HAYATIV: 2/02 HAMDAH V: 19/11 HAMHMMV: 1/12 HAMDAH V: 2/t2 AMM V: 3/11 AMR V: 1/12 AMI V: 2/42
      568 words
    • Advertisement
      Page 22 Advertisements Column 3
      406 22 JAPAN/STRAITS/JAPAN FuHy Containerised Service Tokyo Rote S port Ponanc P. RMantS'pore To vessel Tokyo Rote S port Ptnani P. Men| Sport Tokyo Rote NMMAYVIJ SM SM 23/12 24/12 21/12 27/12 9/1 U/l (.men 19/1222/12 2/1 4/1 s/i c/i m/i 21/1 KMHTM Vll 24/12 29/12 4/1 VI 7/1 1/1 (wil nommat
      406 words
    • Advertisement
      Page 22 Advertisements Column 4
      208 22 ICE MACK LINE 1 N W Eipren Sendee to OCEANUS SHIPPING AGENCY PTE LTD S3* h; floor Anson Centre Smfapore 0?07 Til PS OSAt Irl 5 lme s < M SOON SENG GROUP Regular Service To East M'sia W HI *!•> 1,-. if So»K »t «■•(< <«• »v M. v
      208 words
    • Advertisement
      Page 22 Advertisements Column 5
      344 22 PtRKAPALAN LAUTAN MRU SON. BHD. PO Soar 220 KoU krvitvUu S*b*h MGUAft IKB SHtVKI Sabih S*- Bangkok Sn§jpo<r Port krung Penanj P.Klani S pore Loading for LAUTAN EMM VJ/ll hM Sandakan, Tawau LAUTAN lAN *.12/11 »Dac 24 Dac KK LAUTAN TKA VJ/ll 23 0k 2t Dac KK. Sandakan; Tawau SEALION
      344 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      134 22 Regional Weather w. X N T A 'ft. v 2V\ SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Temperature °C Weather Wind direction with speed in knots Wave heifht Bwfnee «Wi an Indicated by arrows which fly with Ike wind Ome full circle represents calm or light and
      134 words