The Business Times, 4 February 1982
1982-02-04
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The Business Times
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Title Section10 1982-02-04 1 BUSINESS TIMES M.C.(P) No. 93/1/82 THURSDAY, FEBRUARY 4,1182 60 CENTS10 words
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353 1982-02-04 1 HSUNG BEE HWA - By HSUNG BEE HWA THE Japanese government is optimistic that its latest measures to remove nontariff barriers will lead to a greater flow of Asean goods into Japan. Mr Shinichi Kitajima, first secretary at the Japanese embassy here, said Asean countries export a large353 words
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211 1982-02-04 1 THE Institute of Continuing Occupational Development (ICOD) is one step nearer to materialising with a second Singapore mission to Japan. Following Japanese government approval of the ICOD project, the fourmember team will study and evaluate the audiovisual equipment used in Japan. The itinerary covers211 words
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Article588 1982-02-04 1 LEE YOKE MENG - By LEE YOKE MENG THE INSURANCE Corporation of Singapore (ICS) is stepping confidently into the export credit insurance line. It has acquired a «mull share of the $100,000 paid-up capital of the Credit Insurance Association of Singapore (CIA), thereby strengthening not Just its own base588 words
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Article411 1982-02-04 1 BERNAOETTE CHOOI - By BERNAOETTE CHOOI MORGAN Grenfell (Asia), a leading British merchant bank, has turned in a sterling performance for last year and has also announced a change in its Profits before tax for this wholly-owned subsidiary of Morgan Oenfell Holdings in London increased W per cent411 words
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291 1982-02-04 1 Reuter THE MOVE by the London Metal Exchange (LME) to prevent a market squeeze in tin at the end of this month has been criticised by some senior traders there as coming too late and probably unnecessary. But many dealers in LondonReuter - 291 words
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BRIEFLY...
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Article53 1982-02-04 1 Reuter TOKYO, Wed. Japan expressed opposition to a proposed agreement among the US, UK, France and West Germany to develop seabed mineral resources. Tokyo considers that the exploration of such resources should be under a UN convention rather than the proposed agreement, to avoid opposition from theReuter - 53 words
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Article56 1982-02-04 1 Reuter BAHRAIN, Wed. Bahrain will not allow banks and investment companies to make new public share offerings until the end of the year. Bankers said the move followed massive oversubscription for shares of the new Bahrain International Bank. More than US$5 billion of shares were sought withReuter - 56 words
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Article60 1982-02-04 1 AFP BRUSSELS, Wed. The EEC Commission has authorised France to employ stricter controls on imports of radio receivers, with or without tape facility, from Hongkong and Taiwan. The authorisation is valid up to August 31 and relates mainly to imports through other countries of the EEC. France alreadyAFP - 60 words
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Article72 1982-02-04 1 Reuter BANGKOK, Wed. Thai Foreign Minister Siddhi Savetsila said his government had asked China to help organise a meeting of Kampuchea's anti-Vietnamese resistance groups in a fresh attempt to form a coalition government. Moves to get the three guerilla groups talking again followed a warning from Malaysia thatReuter - 72 words
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Article68 1982-02-04 1 Reuter BEIJING, Wed. China plans to improve the wages of its "barefoot doctors" this year and will concentrate on improving medical facilities in the countryside. Health Minister Qian Xinzhong told a medical conference that "barefoot doctors" should receive a subsidiary wage in addition to their regular income. ManyReuter - 68 words
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Article82 1982-02-04 1 KUALA LUMPUR, Wed. A shortage of funds has compelled the Malayan Railway to revise its multi-million dollar East Coast track rehabilitation contract specifications for the third time in two years. But officials say they intend to keep to the schedule by immediately undertaking part of the project themselves82 words
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Article62 1982-02-04 1 Reuter TOKYO, Wed. Japan's largest labour organisation, Sohyo, will stage a nationwide strike later this month to press its demand for wage increases and tax cuts. Sohyo secretary-general Mitsuo Tomizuka today said the plan was approved at the end of a two-day extroardinary convention at which union leadersReuter - 62 words
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147 1982-02-04 1 THE Urnatory latoartoj af «■gpaw hssJsakM toe neetto*pv«3« «I the torts Tkt PMp Bsahsage Mi M«mj ttiW Practice» Ow—Mtoe, wMefc af toe MAB, to» mSt'ilC MUi/Oerua ieit> iTiniT'tr mmm. **—£"!!****<m «MDS IrllmTTtofpii i lillu deala, it kas Im nM (raa U*NMM to UBH to147 words
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442 1982-02-04 1 RICHARD SEAH - By RICHARD SEAH SUNSTRAND Pacific will invest more than HO milIk» over the next two years to diversify its aerospace manufacturing and service operations in Singapore. This will increase the company's investment in Singapore to over $65 million by the end at next year.442 words
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Page 1 Advertisements
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Advertisement227 1982-02-04 1 (/{,;+!>_^('[{&]!/_}.`\,`:()+=^ Leader ...page I STOCK Exchange of Singapore members soon to be supplied with video display terminals and control units Page 12 FLOTATION of Malaya Tin appears to have met subdued response Page 12 THE New Straits Times Press (Malaysia) Bhd should be able to keep its profit growth on227 words
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Advertisement59 1982-02-04 1 Sending bouquets or floral arrangements? Just call Angie our Floral Service Manager at 345 5531/2 and shell help you choose. Diners Club has a special brochure showing the various flower arrange- JH^^^^NTBtNAIIONAL mentsavailable. If you have not re^ e d e 3b13 309W 1003 call 294 4222. w UtUI Til59 words
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Advertisement2 1982-02-04 1 ~+:~@*>|/\''`))])"\>]~:|%>+]">> Seepage 52 words
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Advertisement73 1982-02-04 1 the one and only Dr. Sony any day of the year *****1 The Sorrv Serv»ce Centne The world's first Titanium Chronograph '*r» Vi U- V PORSCHE DESK3N A vd tia&e 3t •Metro Grand. Lucky Plaza *T4 Hong Hun* Lucky Pica WalchM o( Swttaeriand, Lucky Plaza •—mm thtrt, Lucky Plaza •Tha73 words
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BANKING AND FINANCE
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Article583 1982-02-04 2 Reuter PRE-TAX profits at the largest UK commercial banks are expected to show awmge growth of 10 to 15 per cent in fiscal 1961, with the reporting season starting shortly, followed by 20 to 30 per cent increases in the current year. Analysts saidReuter - 583 words
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Article124 1982-02-04 2 Reuter BRITAIN'S gold and foreign currency reserves fell US$l22 million in January to $23.23 billion, from $23.35 billion last December and $28.39 billion in January 1981. There was an underlying rise of $62 million after deducting new borrowing, scheduled repayments and other transactions. New public sector borrowingReuter - 124 words
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414 1982-02-04 2 Reuter THE ABILITY of London Stock Exchange (LSE) member firms to trade on the projected London International Financial Futures Exchange (LIFFE) will be restricted by guidelines agreed on Tuesday by the Stock Exchange Council. It is believed the guidelines, sent to senior membersReuter - 414 words
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295 1982-02-04 2 "COMMITMENT to Excellence" is the theme at this year's congress of the Life Underwriters' Association (LUA). The fourth In LUA's series of seminar-cum-get-together sessions for Insurers here and from the neighbouring countries, it will emphasise personal motivation and «Mil* upgrading. Speakers at295 words
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Article680 1982-02-04 2 BONDS LOANS SOUTH Korea's Export-Im-port Bank has mandated a group of five banks to raise a US$3OO million eight-year syndicated loan. Co-lead manager Lloyds Bank International Ltd «nri the interest is set at 0.5 per > cent over London Interbank offered rates throughout the eight years with a three- year680 words
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290 1982-02-04 2 Reuter A SMALL group at Western banks is devising a plan to let Rumania delay repayments on its midti-bilUon-dollar debts. This would Rumania the first Eastern European country after Poland to reschedule repayments on its loans. Rumania has been a cashReuter - 290 words
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360 1982-02-04 2 Reuter NON-US investors have shown some interest in the three US Treasury issues to be auctioned this week. US government bond dealers and US bankers in Loodon gave varied views on the potential size of the interest in the issues, US$5 billion of three-yearReuter - 360 words
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233 1982-02-04 2 Reuter THE REAGAN Administration is holding to its policy of intervening in foreign exchange markets only when they are "highly volatile". Treasury Under-Secretary for Monetary Affairs Beryl Sprinkel said: "I constantly review the policy bat I'm not likely to change It." He told theReuter - 233 words
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MONEY AND EXCHANGES
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Article478 1982-02-04 2 THE US dollar opened firmer against all major currencies yesterday but came down later in the day. The decline was due to reports that a few of the major central banks may combine to intervene on the market to push the US dollar down. The US dollar opened478 words
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Article158 1982-02-04 2 THE dollar (or overnight delivery yesterday closed at 233.10 yen after weakening from the 234.00 opening and compared with the 234.10/25 New York close after some small yen-support intervention by the Bank of Japan. The closing rate was also lower than the 233.60 close in Tokyo on Tuesday. Trading158 words
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Article22 1982-02-04 2 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 10.98 per cent.22 words
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Article176 1982-02-04 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on Feb 3: U8Msn(M Ottm m 7 days 15 7/16 15 5/16 1 month 159/10 15 7/14 2 months 15* 15* 3 months 15 11/1915B/16 A morlths 1511/10 150/10 Smooths 15* 15* 12 months 15* 15* 8w Jr*. DM. (MiMb176 words
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Article45 1982-02-04 2 RANGE of prion often ed by dlscount houses on Feb 3 Overnight J* to JW% Call departs: jv*% ClMtef B«rta« V month 8.UiM Treasury bills 2* 2H 3-month Bank bills 8* 3 months CD 6* •H months CD 7H 7* Source: National Discount Co45 words
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Article43 1982-02-04 2 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $170 million 91-day Treasury bills to be issued from Feb 8 to Feb 12. Each tender must not be for less than <250,000.43 words
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Article187 1982-02-04 2 SINGAPORE gold futures yesterday closed generally firmer compared with overnight levels after fluctuating marginally in quiet trading. Total sales for the day was recorded at 52 lots while kerb volume at 154 lots with activity mainly centred on April and August contracts. Prompt closed stronger at US$379/380 an ounce187 words
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Article40 1982-02-04 2 Tmm MM New York 8-X1B 8.10B 8.18S 8. ITS Zurich 1MB 1MB 8 2SS 8. ICS VmA T i Singapore WW TVH 8MB 8.05B 8.1SS 8.3QS Ooriacpric M III us doQara troy ouaa I. Source: Credit Suisse, S'pore.40 words
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Article113 1982-02-04 2 THE US dollar in Hongkong yesterday steadied against most major currencies in cautious, late trading. Sterling softened to $1.8630/40 after trading at 1.8640/50 in the morning but was still below the 1.8596/ 8610 close in US, while the dollar eased to 1.8806/25 Swiss francs from 1.8820/50 and 1.8910/30. The113 words
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Article77 1982-02-04 2 THE dollar in London yesterday eased against major currencies as trading got off to a very quiet and uncertain start. It drifted back on lower Eurodollar deposit rates and as a reaction to its sharp advance so far this week. Openlaf quotes yesterday US 1.8882,72 Can —***** 530 Crtm77 words
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Page 2 Advertisements
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Advertisement87 1982-02-04 2 NEW ZEALAND'S LARGEST TRADING BANK ANNOUNCES THE OPENING OF ITS NEW SINGAPORE BRANCH V > bs Bank of New Zealand Our new branch in use of our services and Our new address is: Singapore has the experience in the Bank of New Zealand, capability to meet all Pacific. Singapore branch87 words
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Advertisement14 1982-02-04 2 NEW, SURPLUS BULLDOZERS Up to 50% off! i*: t -i~ t t ***>*-% Say Thousands14 words
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TRADE AND INDUSTRY
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284 1982-02-04 3 REGIONAL cooperation in i the training of construction workers will be one of the discission topics between Government officials and i the Philippine construction mission which arrived here yesterday. -lie head of the mission is Minister of State for Public Works and284 words
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227 1982-02-04 3 KLIPPON Electrical Ltd of the United Kingdom and Rose Etektrotechnic GMBH of Germany have combined forces to tap the Singapore and Asean markets. The two companies have formed a Joint venture Klippon Rose (Singapore) Pta Ud to supply a range of products to227 words
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Article773 1982-02-04 3 SEMINARS AND COUBBES 4* Feb 5: Time Management, Hyatt Regency, Institute for International Research FeO 5-6: The Psychology of Winning, SIM Conference Room, SIM FetT 8-16: Building Construction Safety Supervisors Course, NPB, NPB Feb 8-26: Methods Time Measurement for Work Simplication and Cost Reduction, Oberoi Imperial Hotel, Inbucon773 words
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235 1982-02-04 3 THE NEWLY-fermed Tay Safety Aatherlty sf Stogapare (TBAS) will ergaalae eeasamer edacatl— press sakwHag safe toys far II i tow clllires. Aa exMMttoa sa the safety theme will atoe be held later this year, said I van Baptist, the exeeatlve secretary si235 words
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Article, Illustration210 1982-02-04 3 RICHE Monde Pte Ltd has promoted Teay Lim Kim Teeh to general manager. When the company was formed in January 1960, Mr Lim was its marketing manager. Riche Monde, which is a Joint venture between Bousteadco and the Moet-Hen-nessy Group, markets a complete range of high quality210 words
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387 1982-02-04 3 HSUNG BEE HWA - By HSUNG BEE HWA A GROUP of Indonesian and Singapore businessmen has set up one of the largest corrugated box plants in the Republic. The latest entrant to the industry is Puvaria Packaging Industries Ltd. With a total investment commitment of more387 words
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364 1982-02-04 3 A LOCAL company has signed an agreement with an American company to produce portable microcomputers in Singapore. Otrona (Singapore), a subsidiary of the Dovechem group of Singapore, will manufacture the portable microcomputer Attache, developed by Otrona Corporation (USA). This year, it expects to produce364 words
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Page 3 Advertisements
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Advertisement0 1982-02-04 3 >_?!:?,@(:?)*>=&&=!)}]_[>':~._%0 words
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Advertisement204 1982-02-04 3 H* t i, i J iUuii ijii 'Hj HJ rift H v i -41 v M 1 F ItiTT^ rtu hJj M i i r<! 7 I' ll Mi l H UT --.TTWi MU'li t *Lp Hi* i Cnn* T When nothing but the best will do Goldhill Square Office204 words
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OVERSEAS
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598 1982-02-04 4 NYT SECRETARY of Defence Caspar Weinberger has informed Congress that the Reagan Administration plans to ask for a 1983 military budget of nearly USss26o billion in appropriations, or about $10 billion more than previously expected. According to administration and congressional officials, Mr Weinberger, inNYT - 598 words
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Article556 1982-02-04 4 NYT FOREIGN companies must test Japan's new measures for opening itself to more imports before it can be clear that Tokyo's actions do in fact allow easier access to the Japanese market. Even before that crucial test, two things about the market-opening measures are evident. First,NYT - 556 words
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Article295 1982-02-04 4 AP A US eeagreasmaa wU b iaflaeatiaJ m I—h af lateral tteaal baslaeaa haa deaeaaeed the qaallty af America* ears. Be aaU be weald a*t vale te give tax credit* ta Amerieaaa whs bay them "if my Hfe depended aa It." Bepnaeatatlve Bam Gibbaas,AP - 295 words
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471 1982-02-04 4 Reuter UPI AMERICAN Treasury Secretary Donald Regan said that an Increase In interest rates announced by several US banks is discouraging, but he predicted a (all later this year. The sharp rise in interest iates dashed hopes (or a worldwide lowering of the costReuter; UPI - 471 words
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416 1982-02-04 4 UPI THE BACKLOG of unsold goods in the United States that have strangled the economy finally began to decline in December, the first decrease in more than a year. At the same time, the economy's fuel gauge the pace of new orders registeredUPI - 416 words
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335 1982-02-04 4 AP THE UNITED STATES, in the midst of sensitive political talks with China over Taiwan, will open a major commercial exhibition this week in efforts to sell China more equipment and knowledge for its modernisation drive. The exhibition in Beijing marks theAP - 335 words
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300 1982-02-04 4 Reuter A WEEK of talks aimed at preventing disputes over farm and steel exports from turning into a full-scale trans-Atlantic trade war open in Washington today between European Economic Community and US officials. EEC Farm Commissioner Poul Dalsager and US Agriculture Secretary John Block,Reuter - 300 words
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320 1982-02-04 4 MALAYSIAN businesses need financial incentives from the Malaysian government to invest in more energy-efficient equipment because the return on capital in such investments is often relatively low. Investment in energy management systems is "sometimes associated with an unacceptable degree of risk where new processes320 words
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174 1982-02-04 4 MALAYSIA'S second shipping line, to be owned and operated by Pernas, is expected to venture into container services for a start. Tunku Datuk Shahriman bin Tunku Sulaiman, chairman of the Pernas group, said a team is working out details of the proposed shipping line.174 words
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Article716 1982-02-04 4 ARRIVALS Service Local Operator Number Tine From a_ PAA PA005 0220 NYC/SPO/ AHA HKG Ir MAS MHG01 0700 KUL SU SQ41 0740 MAA I" SIA SQ101 0645 KUL MAS MH811 0845 PEN .T MAS MH671 0915 KUL RBA BI421 0965 BWN MAS MHG51 1000 PEN/KUL ie MAS716 words
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557 1982-02-04 5 Reuter BRITISH industry is pressing Chancellor of the Exchequer Geoffrey Howe to reflate the economy with a package amounting to around £2.75 billion in his March 9 budget. The reflationary package is proposed by the Confederation of British Industry (CBI), which represents most majorReuter - 557 words
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171 1982-02-04 5 UPI ..'SIR Freddie Laker said be has raised £60 millidn (US$lll.6 million) from McDonnell Douglas Finance Corporation of the United States and Britain's Clydes.•'dale Bank and that his airline's financial troubles are over. Mr Laker said: "Altogether I've raised £60 million and forUPI - 171 words
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123 1982-02-04 5 Reuter BRITISH Ley land PLC's unit Leyland vehicles may close completely unless strikes at three plants are settled quickly. Chairman Ron Hancock said the Leyland njanagement met union leaders yesterday to discuss the 12 dayold strikes which involve 12,000 workers at threeReuter - 123 words
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190 1982-02-04 5 KL THE liquefied natural gas plant In Bintulu will be ready for commissioning in mid-September and will ship its first cargo of gas to Japan in early 1983. Malaysian LNG chairman, Sri Abdullah Mohd Salleh, yesterday confidently disclosed that pre-com-missioning activitiesKL - 190 words
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415 1982-02-04 5 AT T rings up 13.7pc rise in income NYT THE AMERICAN Telephone and Telegraph Co reported a 13.7 per cent rise in net income for the year, to US$6.B9 billion or $8.55 a share, the highest profit ever reported by any company in the world. The increase, almost twice theNYT - 415 words
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Article357 1982-02-04 5 Reuter PRESIDENT Francois Mitterrand has launched an ambitious plan aimed at making France the most technologically-inven-tive nation in the world after the United States and Japan. His Socialist administration has approved an expansion of the country's research effort with a total expenditure of 2.5 per cent ofReuter - 357 words
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WORLD IN BRIEF
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Article506 1982-02-04 5 Agencies A NINE-member mission from the Guangzhou Rubber Bureau of China arrived in Kuala Lumpur yesterday to explore the possibility of buying Malaysian-made Dunlop tyre products. The mission will hold talks with officials of Dunlop Malaysian Industries Bhd and the state agency, Pernas Trading, on the possible purchaseAgencies - 506 words
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700 1982-02-04 5 Kyodo, NYT THE United States, Britain, West Germany and France have notified Japan of their decision to sign a tentative agreement to start prospecting for various seabed mineral resources. The agreement is not exclusive and is temporary until a formal treatyKyodo,; NYT - 700 words
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363 1982-02-04 5 Reuter, AFP SINGAPORE Foreign Minister S Dhanabalan said in Jakarta yesterday that the Beijing-backed Khmer Rouge has called for another meeting of Kampuchean resistance groups to discuss a passible coalition. Mr Dhanabalan said the Khmer Rouge have so far rejected a proposedReuter,; AFP - 363 words
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Page 4 Advertisements
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Advertisement328 1982-02-04 4 Books by the Central Statistical Office, Britain's principal provider of statistics now available through Federal CSO Publications Order Form Publications Social Trends CSO Publications Order Form A. SUBSCRIPTIONS I wish to subscribe to the following publications. Tick No. of Annual Sub. Sum Hart Title Subs. inci. P&P Enclosed I I328 words
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Page 5 Advertisements
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Advertisement61 1982-02-04 5 iiTSTa *****^1 'jarc yTracii PROGRAM *»y AMERICAN SALESMASTERS Audio-visual presentation Find out how your market position, competition, image will change when you acquire the knowledge now. Be more productive, be a professional and increase your income. New Program Starting Moo 8 Feb (6pm-7pm) Only Limited Places Available Please book early61 words
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Advertisement347 1982-02-04 5 -ssi Wfcal&? 3^lfc< i M3|*sk&& f; x ias> «ms» Wiim aii'iMi inffi i i in At iast-the Facit 8000. Ibssibly the most sophisticated electronic typewriter of its kind. The Facit 8000 is no ordinary electronic typewriter. Listen to this. ELECTRONIC FEATURES HELP YOU TYPE FASTER Time-consuming manual functions have been347 words
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Article395 1982-02-04 6 BUSmESSMEN outside Japan are familiar with the long list of problems and tariff barriers associated with any attempt to export goods to the land of the cherry blossom. Indeed, Japan's commercial and industrial success has served to heighten these barriers, because rivals, jealously seeking a place395 words
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289 1982-02-04 6 TOYS ARE FOR CHILDREN. They are not meant for adults, and when adults try playing with them, they always mess things up. Invariably, grown-ups who play children's games start doing silly things like reading the instructions and following the rules. Then they argue over the289 words
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430 1982-02-04 6 NTT AS RECENTLY as three years age, the United States was the world's leading producer af the tiny chips that are the building blacks af computers. Nat aay mare. Saeh Japanese companies as Hitachi, Taahiba, Fa J tea and Nlppea Electric, reaping theNTT - 430 words
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Article, Illustration940 1982-02-04 6 R W APPLE - BETTER SERVICES FOR PASSENGERS By R W APPLE NYT. LAST YEAR, every employee of the Scandinavian Airlines System was given a 50-page booklet with a bold red cover, printed in large type and illustrated with cartoons. At first glance, it looked like a comic book, or perhapsNYT. - 940 words
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1073 1982-02-04 6 STEVE LOHR - Tsukuba, Japan, looks well on its way to becoming the Silicon Valley of the Orient. Some o! the largest American semiconductor producers, such as Intel Corp 9 Motorola and Texas Instruments, have set up plants there, while others are studying the prospectNYT - 1,073 words
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Page 6 Miscellaneous
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Miscellaneous635 1982-02-04 6 I I -11-OIE CBOSSWOKD CRYPTIC PUZZLE ACROSS 1 Something long handled by warriors (5) 6 Eat In various coffee houses (5) 9 Where you could go to the Prom, possibly? (7) 10 Handle equably, the Dutch way? (5) 11 Get stronger, we gather (5) 12 Reflect on BR having nothing635 words
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Miscellaneous67 1982-02-04 6 Bn StcW; I II II I I 111 11M p»«e TV»ese Tne onlv fbbTCPsQDS NtXJ f\«E. t H€P DfcGPtfV NOO KNOLO -Som€.Tw»tJG On£? T.V- J-S rvr -ft IW Twe CBOUO PfT THC SPICICR...! ]OFf»C£ you \t4 e>\VONiS vp* 1 "U4*4G i— "no;' SPlClGfc G*cls »M e>\<\Nis.. tmptt sow £>RTN( RFMNCORT67 words
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Miscellaneous701 1982-02-04 6 Affair of Lord Nelson I FLUFF if ip mm fUMwi aad Amertema Ben: B*tmri»y mferteMe ami to- Om Smamet Bemlevart (ek S, aettle dawn for Ike 7 JO) wUck retoraa to ear r Aatov Speetml: wwi to raplimi Beyemi aaa ABatr (ek S, Wemtwmrid. iter Flack pwtnji tke Mmppeto ui701 words
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Article, Illustration1885 1982-02-04 7 ANDREW WHITLEY - At the moment, Brazil is probably the biggest gamble for international banks among the world's debtor nations. But with some luck and strong nerves, the country may yet be able to shed this questionable reputation by the end of the decade. ANDREW WHITLEY feels that Brazil1,885 words
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Article726 1982-02-04 7 Leslie Gelb - FORUM, r ...with Leslie Gelb NYT THE REAGAN Administration at times seems to be at war with its own selfimage of toughness in foreign affairs. One result is that officials sometimes have to defend decisions that do not measure up to their strong statements. The mostNYT - 726 words
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Article1347 1982-02-04 7 DAVID MARSH - Professor Alexandre Lamfalussy, assistant general manager of the Bank for International Settlements (BIS), explains to DAVID MARSH how Western leaders are beginning to respond to the bank's pleas for a more pragmatic approach to monetary policy. The United States, however, remains the odd man outFT - 1,347 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article134 1982-02-04 8 m n» ABM mxm AhoU UJt -LI AtJP MM *41 AMJV tlJO +OJ A*i»» HJO -At AmrotaU «AM -U ST" a. ■Mi 9AM -41 SjgH M S?J!5*"" tU Cttead S.10 uncta CAH» DMfl U7M uncb DfM MU WJ# -At (MA mm -i htot HJI At rord flamra MM uncb134 words
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Article203 1982-02-04 8 ra es m COKBKILUE Air-Liquid* (IN Onk car (Hio—inC* kmacum «auo UM -Li ♦4 1 nwptfnn c SSS! t CNdtt Fondar at HaebrtU*" (UtnlM) •13 liThlnw Boll MtrhaHn U -0J6 ■KOMB IB) Pirltu IWUBgjOilnt ST,""— uut B.4B -14 -14 ft InlwiM 8 A nwM-Mam 8A Royal Oaten Sum (CI*203 words
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Article75 1982-02-04 8 m m m POBWARD MAXIIT Aear XD "i# ArtMd -^0 AMnr V -a Brmacio Bru-Lamb too UH unct -4 ssr UN M -M IS Da BM JT7 TUttfoa«i Ob-Iaao-Bm IMO ZZZ mo -115 -50 nHobot p*tro Rjl Dutch See On Bo* Sofia* mi -m -10 MB HH -a -t§75 words
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Article135 1982-02-04 8 Dm Ml-Tttofoskaa M -U Akao U -U Ails L«t»n Alls Vara wug -n mm mu-K 1MOO 44 Bay H T Wtut iri»o Bif Vbank Bajvr BBC BMW mcm -ls l IT 10 -4.4 2KJ0B mm fT"' MOJO 5 uuo jj II 40.10 +0.1 moo <u SET* Damaa MOJO -1135 words
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Article101 1982-02-04 8 ra Action* (lulu 1 t*ne» MO -1 y Br. at -i m -a 1211 -M I M« MO 4 MM K1 S IVl'KTMB m -to n -a m LA Br (an -m m l*~*n -a urn -u HmU* Br IUD -a Oyttton^ 1MB l.fc m 4 |y Ml -4101 words
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Article92 1982-02-04 8 rtm Un But 00 -4S CMtnia CM Good Aeqm Rom ErVtenM ru CM ◦nnU ni m* mm IM I4MM -M -is -U» M uncil -MB Otm in p T*> xm 4 14 Inn Dale Ita* U wno m «SM M L,p. M«dl MUu Ut CM ritft»nr« bo Am CM92 words
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Article111 1982-02-04 8 1 1 '^1— l*a -M 1' [in i A M danMmt OtWatLtl* M JLh Ot Tallow Rnh m OtiU ou Oka MH llnlHn»i Horn. CM I«l» OU *H am u H -W lot Pl« Mk lot nt» 14 w toll Nickel 14H Karr Add Lobtaw a h »k X«»i|Mii111 words
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Article218 1982-02-04 8 m at lUad INDU8TKIAL8 A Alpbk MM Atnrcan AS And CI Ht mo iwn unch Bfcrlowi a?— Cam* Ptnaae* mm 1100 ouch -n TM -M D» tan In* Mean ■taw mm HO Imadi rm volk no uneh 5** Oartlui OtanuU Or&lmo m ins -4 -a Hippo I1iii.il. MO LJWtw218 words
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Page 8 Advertisements
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Advertisement218 1982-02-04 8 v\ here tonine,dine and entertain Don't leave home without it. To apply for the American Express Card Call: *****33 A 10th gjfe /mnwtn'ianit Special c ßu^tGutu^m The true Singapore flavour— only $8* Our popular Nonya Buffet Luncheon at a special price. I#%< Lunn 12 noon to 2.30 pm. yi price218 words
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Advertisement62 1982-02-04 8 For lunch, for dinner For a richly rewarding experience For reservations call 7379r>77 A riilui'\ I 'iirk'SlMi'iilitn Siii^niHu-c s NUTMEGS offers JAZZ BRUNCH on^undays 11 a.m. 3 p.m. $21++ per person Pleose co* *****88 exf 663 (of reservations HYATT REG£NOOSINGAPORf •v V 3* I «♦>» U'r JJJS tr no-jse 1>62 words
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Advertisement208 1982-02-04 8 See Page 9 for New York prices and Page 11 for Aaian stocks mm: rOXTIXKM'S K I st t k i Before vou flv awav to foreign lands, check-in vour Hags then seek our the Five Continents Restaurant. Relax in intimate surroundings and wine and dine on the most superb208 words
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Advertisement178 1982-02-04 8 When you dine, dine Cantonese. If pleasing your palate is achieved only by eating the best, then dine Cantonese at The Inn of Happiness for the best Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton. So come. The stage is set for an evening to remember.178 words
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Advertisement237 1982-02-04 8 X '.v «V* L f,f >1 I >lU $C fee r i'», \c .< >*n i m v i Herald in the CHINESE NEW YEAR .lUiil'lfr 18 good-luck (fishes. H J i v -s AXjr?oi Ml i Yue Sheng (Raw Fish) Pig Trotters wMhßleckMoes "WINDFALL EVERYWHERE" Braised Abelone with Black237 words
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RAW MATERIALS
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Article175 1982-02-04 9 CHINESE Prsdaee Exchange, Staj&pm, MSI cJMiif priMi per Ml kg yesterday. Caesaat 41: Bulk fob $100.00 sellers, old drum (in second hand drum) fob $112.00 sellers, new drum fob $116.00 sellers. Capra: Mixed (loose) $50.00 buyers. Pepper; Muntok white pepper fob Asta NLW $370.00 sellers, Sarawak white pepper175 words
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Article195 1982-02-04 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Cattaa jam: China Blue Phoenix 20b 2,480; 32s 3,200, 40s 3,300 (per bale of 400 lbs). Ptoee gsads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly195 words
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Article173 1982-02-04 9 SOYBEAN futures in Chicago on Tuesday closed near the bottom of a nine US cent range, down BVt to 6tt cents a bushel in revived trade. Negative economic factors, such as prime rate hikes and dollar firmness, sparked long liquidation and speculative selling all day. Sentiment that the weather173 words
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Article308 1982-02-04 9 BINGAPOEE: Yesterday's closing prices in S$ per Idlo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop IJO, 100 per cent second claas 1.06, 100 per cent third class 1.03, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.70, Special308 words
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Article921 1982-02-04 9 NEW YORK STOCKS STOCKS IN New York closed narrowly higher oo Tuesday in moderate trading as investors moved to the sidelines amid conflicting signals on interest rates. The Dow Jones industrial average finished up Just under a point. Advances led declines by around 800 to 630921 words
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Article146 1982-02-04 9 RUBBER prices In Singapore yesterday closed slightly easier with February One RSS buyers quoted at 180.50 cents per kilo, down half a cent from Tuesday's close. Morning prices were marked down slightly on lower London advices and lack of buying support. In Kaala Liapv, the Malaysian rubber market closed146 words
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Article334 1982-02-04 9 RA8 prices In cents per kilo yesterday Noon (par kflo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 119.00 1M 00N Int. 1 R.S.S Febru*? 180.50 181 .SO 1st 1 R.S.S. March 183 50 184.50 Int. 2 R-S.S 106.50 168.50N UK/Cont 166.50 167 .SON Int. 3 R.S.S. 162.50 IMJON334 words
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Article102 1982-02-04 9 NOON 8SR and SMR priea yfdar RAfl Mrun (Cvtmi Mtk) Much (toward Mtk) 3SR» 3SR80 (1-taa paiiM (1-ton pall* D 166 00 t) M1J0 167 OON 183-SON M;iri mi 1(7.00 ***** tort moon 1C6J0N MKXLB ftknur March SMRCV SMR L SMH5 SMR CP SMR 10 (1-toa pall«102 words
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Article125 1982-02-04 9 THE STRAITS til price 1b Peuag yesterday fell 1« coats to M 534.71 a kilo, still within toe IT A middle sector ef $32.M and $34.18. Hie fall saw a further lack ef overseas Interest despite Influential buyer sapport at this level. Sentiment was also affected by the125 words
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Article34 1982-02-04 9 Rubber: Feb 3 Singapore: Feb: 180.50 cents (down 0.50 cent) Malaysia: Feb: 205.50 cenia (down 0.50 cent' Tin: M 534.70 per kilo (down 10 cents) Official offering: 188 tonnes (up 18 tonnes)34 words
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Article47 1982-02-04 9 Reuter INDIA will supply the Soviet Union with 25,000 tonnes of green coffee and 1,500 tonnes of instant coffee this year under a recently signed agreement. The USSR purchased 23,000 tonnes of green coffee and 1,300 tonnes of instant coffee last year. ReuterReuter - 47 words
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Article789 1982-02-04 9 COFFEE: Robusta futures yesterday were slightly easier midday with prices between £6 and £2 a tonne below Tuesday's close in actively traded positions. Dealers said commission houses were active buyers and sellers as prices advanced by up to £27 a tonne from the easier opening call and then789 words
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Article165 1982-02-04 9 THE Kuala Lumpur crude palm oil market yesterday tended firmer on short-covering in fairly active trading, dealers said. Dealers partially attributed the firmness to reports of an expected dip in February output. In February south gained M 512.50 to $960 a tonne after reaching a high of $1,000,165 words
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Article218 1982-02-04 9 WHEAT futures in Chicago on Tuesday partially recovered late as locals covered short positions on sentiment that the market was in an oversold condition. Prices settled down Vi US cent s bushel to up IV* cents in extremely quiet trade. Prices were placed on the defensive most of session218 words
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Article411 1982-02-04 9 THE Malaysian pepper market in November 1981 was largely quiet for the major part of the month. The overseas market, however, was relatively firm, and had begun to show signs of improvement. According to the Pepper Marketing Board's current issue of its Pepper Market Bulletin, shipment411 words
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137 1982-02-04 9 Reuter SEVERAL International Coffee Organisation (100) producers and consumers have formally submitted proposals for changes in any future International coffee agreement beyond Sep 30 next year, ICO delegates said. The proposals Include suggestions for selective indicator prices for Afferent types of coffee, an MdsteriReuter - 137 words
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Article401 1982-02-04 9 Reuter COPPER CONSUMPTION is likely to decline in coming year* as Improved technology, foreign competition and material substitution, as well as a host of other factors, eat away at domestic markets, fabricating industry officials said. Total copper use in the typical US motor car willReuter - 401 words
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Page 9 Advertisements
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Advertisement30 1982-02-04 9 restaurant Wishing you a Happy and Prosperous Lunar New Year Our Lunar New Year Special will be Good Luck Raw Fish' Renovated additional new car parte now ready for use30 words
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Advertisement845 1982-02-04 9 SINGAPORE LAND LIMITED (Incorporated in the Republic of Singapore) 19th Floor, Shing Kwan House 4, Shenton Way, Singapore, 0106 NOTICE Of EXTRAORDINARY CBJBUL MEETING jf NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Company will be held at Suite 1902,19 th Floor, Shing Kwan House, 4 Shenton845 words
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1469 1982-02-04 10 BID and offer prices officially listed and ht nines» in and reparted 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. BKCTION ONI INDUSTRIAL ft COMMERCIAL AMM1,469 words
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Article195 1982-02-04 10 SINGAPORE UNIT ISC OT DIAMOND MOI rrpoK K (Maaajin' pet* kr h *4) (HMSfm 'prieei ihrM 4) The Cnmnien* 1.10 IX Dtamond The Savtngi Fund 189 i.m S'pore Fd(USI) 0 78 0 82 S pore Prof Fund 1 35 1.42 SI IM S pore Sec Fund 2.07 2.17195 words
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Article2798 1982-02-04 10 1M1/1MS Hl«k Lew Compmmj Last Sale +orGr*s Die DW C-rr Gr*» YTd Net P/E Vol (■OOO) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 404 115 SO 313 430 300 410 533* tm 430 340 115 uo uo an n sn 330 333 SI Acm Alcorn Allied Choc2,798 words
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Article1534 1982-02-04 10 BID and offtr prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday, with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. oaxmuu AJMaaaala (1MB) Aimm (LAB ÜBS) IX3 1.32 (7) LM (I) IJS1,534 words
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Article148 1982-02-04 10 BATH b«u BerM: AGM to be held at Ladang Pinji, Lahat, Perak on Feb 5. DUFF Berhad: AGM to be held at Ladang Pin#, Lahat, Perak on Feb 5. 8PP United: Twenty-ninth AGM to be held at 315 Alexandra Road, Singapore, on Feb 12 at 9.30 am. THE148 words
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Article462 1982-02-04 10 SELECTIVE baytag jnle* <>; WtifMH MM the Matayataa-baaed itteki teortag Ike knit el eelllag ssrLiiiiiLiris SIZ to to ■alien an m( Mt h tarn, toek a! baytag nppart win Bhe'nU*wlth adtrtty la tbe market at Nek ft tow torel, reaßalen an getthag worried anr their taldtaga.462 words
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Article574 1982-02-04 10 SHARE price* continued their downward drift on the Kuala Lumpur Stock Exchange yesterday, but this time on a narrower front thank» to a slight recovery in afternoon trading. On balance, faDs led rises 74 to 39 with 35 counters remaining unchanged. Overall, conditions were a shade brighter574 words
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COMPANY NEWS
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217 1982-02-04 11 AFTER gritting their teeth during the third quarter of last year when share prices plunged on virtually a worldwide scale, fund managers for Jardine Fleming's group of trusts have now adopted a cautiously bullish stance. According to reports covering the period through September, the217 words
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Article, Illustration678 1982-02-04 11 DAVID CHOW - By DAVID CHOW RECESSIONARY conditions notwithstanding, the New Straits Times Press (Malaysia) Bhd should be able to keep its profit growth on an even keel in the current year to end-August. This optimistic view can be gleaned from the latest review of678 words
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Article342 1982-02-04 11 Reuter MANUFACTURING and mining stocks rank highest in a survey of institutional investors of issues considered to offer the best returns over the next five years. The group replaces petroleum stocks, which, since 1976, had been outperforming the market as a whole until last year.Reuter - 342 words
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379 1982-02-04 11 Reuter DAIWA Securities Co Ltd said net foreign investment in Japanese stocks will Increase to 700.40 billion yen in fiscal 1982, starting this April, from an estimated 608 billion in fiscal 1981. But it will still be far below 1,467.80 billionReuter - 379 words
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ASIAN STOCKS
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Article158 1982-02-04 11 THE Sydney market yesterday drifted aimlessly in thin trading with brokers attributing the depressed market to higher domestic and US interest rates and a fall in eold in New York. At the close of trading the All-Ordinaries index, had dropped 1.7 points to 546.1. The losses were158 words
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Article362 1982-02-04 11 prices In Tokyo yesterday rallied on scattered bargain-bunting over a wide front after Tuesday's sharp ton. but trading was thin, with many operators nervous about the US interest rate trend and volatility in the foreign exchange market. 3294 P olll to cloße at after falling 81.79 on362 words
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Article131 1982-02-04 11 THE Manila stocks exchange yesterday closed lower as the commercial/ industrial sector lost ground to ease with miners who remained weak but oils continued firm, dealers said. Turnover rose to 2.2 million pesos from 1.4 million. Among gainers were Atlas Con "B" which closed at 17.60 from 17.50, Phil131 words
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Article51 1982-02-04 11 FINANCIAL TIMES INDUSTRIALS Tuesday 571.0 Monday 572.0 Week Ago 868.9 DOW JONES AVERAGE INDUSTRIALS Tuesday 852.56 Monday 851.89 Week Ago 841.51 H.K.HANG 8ENG Wednesday 1384.15 Tuesday 1380.15 Week Ago closed AUSTRALIAN INDUSTRIALS Wednesday 888.8 Tuesday 882.8 Week Ago 888.0 ALL ORDINARIES Wednesday 548.2 Tuesday 548.0 Week Ago 54151 words
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Article290 1982-02-04 11 HONGKONG THE Hongkong stock market yesterday closed slightly lower on some late selling in a slow half-day session, brokers said. The impact of the rise in US prime rate to 16 Vi per cent by two major hanin» on Monday, cited aa a depressant on Tuesday, had290 words
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Article87 1982-02-04 11 SHARE prices la Bangkok yesterday continued to decline in inactive trading, dealers said. The Book Club index fell 0.33 point to 93.53 on a turnover of 2.3 million baht. Bangkok Bank dropped two baht to 252, Siam City Cement four to 141 and Rama Tower 0.50 to 50.25 baht.87 words
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Article821 1982-02-04 11 LONDON, Tues. Share prices closed above lows, having opened broadly lower in the wake of the decline on Wall Street yesterday. The FT index closed one point lower at 571.0. The rise in US interest rates pushed government bonds down by V« point at the outset, but a821 words
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Page 11 Advertisements
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Advertisement88 1982-02-04 11 Dining at Raffles Enjoyable, unobtrusive, romantic For business or for pleasure PALM COURT Dine by candlelight in a charming garden setting ELIZABETHAN GRILL Fresh SEAFOOD specialities Succulent ROASTS from the SILVERWAGON Luncheon buffet on: SUNDAYS: TIFFIN CURRY THURSDAYS: RIJSTTAFEL Let's meet at Raffles! Please call us. Tel: *****41. NOTICE NOTICE88 words
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Advertisement1020 1982-02-04 11 NOTICE HIAP SENG LIMITED (Incorporated in the Republic of Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Sixth Annual General Meeting of the Company will be held at 15th Storey, The Arcade CoUyer Quay, Singapore 0104 at 12 noon on Friday, 26 February 1982 for the1,020 words
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Article146 1982-02-04 12 Rises Indices Hill 8 traits Trtdii| 666 980 +19 10 Feb 2 Feb 3 Iilud A Pn 790 10 BT Indicator: *****9 *****3 Bytra ISO 10. Industrials: 785.17 785.06 —litMS IMS Tines Pvb 975 +5 Finance: 1748.74 1742.19 8Mb Shipyard B6 960 5 5 Hoteb: 1163.85 1159.47 U M146 words
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Article, Illustration142 1982-02-04 12 SHARE prlees cMttosed to drift tower yesterday atthngh selective tones reeevered (rem the day's tow by 4pm. The Straits Times ladsstrtol Index (ell 1.11 pstet to 78&JI while the Hastofs limes Indicator meved m pstats higher to IKMS. Rises Indices S**U 470 C Sugars 1580 Gadek 555 Wearnes142 words
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301 1982-02-04 12 THE flotation of Malaya Tin Printing appears to have met with a rather subdued response from the public in the wake of the weak stock market these last few days. A number of remisiers said there was no clamour for the application forms301 words
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Article733 1982-02-04 12 KOH TSE YING - MSSSI Companies Editor: llano Sabnani By KOH TSE YING THE Stock Exchange of Singapore, in its move towards computerising its trading opsrations, is soon to supply each of its member firms with video display terminals and control units. Each of the broking firms will be733 words
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297 1982-02-04 12 ASSOCIATED Plastics Industries (API) expects to make gross profits of M 557.1 million from the development of a piece of land it acquired in Johore. The land, identified as lot 3028, was purchased tram Makok Development Sdn Bhd for Mf2s million297 words
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342 1982-02-04 12 PERNAS Holdings Is planning to set up a chain of hotels throughout Malaysia. At the moment, it owns the 36<torey Hilton Hotel in Kuala Lumpur. Tunku Datuk Shahriman bin Tunku Sulaiman, chairman of the Pernas group, disclosed on Monday that the land for342 words
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Article440 1982-02-04 12 THE transfer books and register of members of Tea ffla* Seng Ltd will be closed from Feb 27 to March 5, both dates inclusive. This is for the purpose of determining shareholders' entitlement to the »n«i dividend of 10 per cent (comprising 5 per cent less Singapore income440 words
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Page 12 Advertisements
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Advertisement589 1982-02-04 12 PROFITABLE SALES AND BUSINESS NEGOTIATION Singapore, February 17-19,1982 The program will equip participants with practical skills so that they may conduct and successfully conclude Sales and Business Negotiations. Participants will become proficient in the use of negotiation skills and learn to incorporate these techniques into any style of business or589 words
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Advertisement157 1982-02-04 12 Hoechst research so that they may always have enough to eat. Too many people, too little food. That is the world's gloomy future, unless proper precautions are taken in time. With our knowledge of the nutritional requirements of plants and crops, Hoechst fertilisers and crop protection agents help ensure better157 words
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Page 12 Miscellaneous
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Miscellaneous54 1982-02-04 12 OUTLOOK for Singapore toddy: Warm and sunny, windy in the afternoon. 24 kwn prtor to 7Jt pm m Feb 3 at Maximum temperature 32.1 Associated humidity 60 Minimum temperature 23.9 Associated humidity 92 Hours of sunshine 8.00 Rainfall in millimetres Nil Total rainfall for the month 0.6 Total rainy days54 words
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SHIPPING TIMES
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Article206 1982-02-04 13 EXCESS of loss underwriters are being recommended to pay war risk insurers cover on ships trapped in three Iraqi ports because of the Iraq-Iran war. The Lloyd's and London companies Joint Excess of Loss Liason Panel has agreed that the detailment of vessels in Basrah,206 words
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Article, Illustration550 1982-02-04 13 G DURAIRAJ - By G DURAIRAJ THE Port Klang Authority has leased out the newly completed godown facilities in the south port to the private sector in a move to rationalise its services. Six companies have been offered the godown space in its reconstruction programme to replace550 words
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PORTSIDES
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Article126 1982-02-04 13 Reuter MALTA has asked Australia to consider mring it as a transhipment port for Australian goods being sold to Europe and north Africa. The request was made by Maltese Foreign Minister Alex Scebberras-Trigona during talks with Deputy Prime Minister Doug Anthony. Malta proposed that large shipments ofReuter - 126 words
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Article126 1982-02-04 13 Reuter THE AUSTRALIAN and New Zealand/Eastern Shipping Conference said it will cut its currency adjustment factor (CAF) to five per cent from Feb 7, down from the nine per cent in force since Feb 1. The new rate will apply to shipments to New Zealand, but theReuter - 126 words
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Article708 1982-02-04 13 SklpvtagUae PM* CM Achipelego Shpg Ale« Atro-Eurasia Ail tram Al|mc Anconave ANL APCUne APL Argentine ASCL Asia Merchant AwtutaUK Australian Cam Bait-Orient Baltic Banftnfc Coot RanyUiWfc Bank Unr BBS Ben Line Ben Ocean Ben Asia Bra bulk Fttntuhj Blue runnel Blue Star CAVN-FMC OC Line con Ceyloa708 words
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184 1982-02-04 14 TOTAL turnover for Det Norske Veritas in 1981 is expected to reach Nkr92B million, a significant increase on the previous year's level of Nkr6s2 million. The final result is also expected to be considerably better than the 1900 profit of just under Nkr39 million.184 words
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515 1982-02-04 14 THE THAI government has again brought back for consideration the very expensive plan to develop a section of the Rayong coast into a deep-sea port, in spite of the fact that the location may not make the project economically feasible. Thailand's ministers in515 words
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228 1982-02-04 14 THE first in a new series of coast earth stations, planned between now and 1984 to improve global and maritime satellite communications, has started operating at Ibaraki, Japan. The station started service on Feb 1, when the International Maritime Satellite Organisation (Inmarsat) takes over from228 words
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Article1661 1982-02-04 14 MODERATE time-charter business featured an otherwise rather dull freight market on Tuesday with business mainly confined to vessels with Continental and US delivery. A 16,000 tonner paid US$4,OOO daily from Liverpool to north coast South America while $7,000 daily was agreed for a 36,000 tonner from the Spanish1,661 words
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Article929 1982-02-04 14 ANGOLA Luanda Mid-Jan. 32 vessels at anchor with waiting times of about 75 days. Lobito Mid-Jan. No waiting times. AUSTRALIA Adelaide Mid-Jan. Berths available but shortage of labour. Brisbane/Geelong MidJan. No labour shortage, no congestion. Tasmanian Ports A Portland Mid-Jan. No delays or industrial disputes. Fre mantle Mid-Jan.929 words
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Article387 1982-02-04 15 POLAND is expected next month to deliver its first ship to the West since the imposition of martial law several weeks ago. This is the latest information to filter through to Western shipowners, who have orders worth millions of dollars tied up at the trouble-stricken Polish387 words
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476 1982-02-04 15 MANY European states will have to at least double their rate of Inspection of foreign ships to comply with the port state control agreement signed in Paris recently. A memorandum on inspection of foreign ships by 14 port states In Europe is476 words
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606 1982-02-04 15 Business Day THE Philippine Ports Authority's plan to manage cargo handling operations in the country's domestic ports may not be implemented this year, because of the opposition from both the shipping lines and the cargo handlers. A ranking Philippine Port Authority (PPA) officialBusiness Day - 606 words
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170 1982-02-04 15 ATLANTIC Container Line, the European shipping consortium, has placed a US$l3 million order for new refrigerated units, to meet the rapidly growing transAtlantic reefer trade. The 400 40-foot integral reefer units will be built by Fruehauf France at its factory in Auxerre. Reefer capacity170 words
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5870 1982-02-04 20 SCHEDULE A guide to ships loading at Singapore for ports around the world 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 of5,870 words
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Article581 1982-02-04 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Ship Voy Arrival for LCL Movement Date/Time Operator Cargo Schedule Mode Chevalier Paul 29E 5.2.82 1300 Optorg 49 1700-1800 TT Macau Express 11EB 5.2.82 1500 S'pore Shpg 49 VC Tambang VII 709N 5.2.82 1200 Cahaya 49581 words
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Article1718 1982-02-04 21 The leading shipping lines operating from local ports and their agents. A B Aehipeleg* Shpg Singapore Shpg Agencies (S) Euro-Asia Line (PN KL PK) Adriatic Caataiaer Continental Feeders (S)/Cargo Freight (PK). AFKA Singapore Shipping Agencies (S)/ Euro-Asia Line (PK/PN). Afra-Faraala Um Transgroup Pte Ltd (S). Al1,718 words
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Article, Illustration1286 1982-02-04 22 NORWEGIAN cruise line operators are con tinning to expand their big involvement in their specialist field, in spite of threats of persisting market overcapacity caused by slower passenger growth and a rapid increase in berths. In addition to various newbuilding or ship-length-ening projects1,286 words
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410 1982-02-04 22 YET ANOTHER attempt to provide a viable container operation out of the Great Lakes to the St Lawrence Seaway ports will be made in spring. The latest project differs substantially from previous limited feeder operations in that it will employ combination bulk/container vessels410 words
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Article130 1982-02-04 22 THE Soviet Union's merchant shipping plans up to 1985 will emphasise on improved economic and technical standards rather than greater tonnage, the Novosti Press Agency reported. Particular attention in the plan will be given to marine transport for the rapidly developing areas in the Far North130 words
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Article, Illustration231 1982-02-04 22 THE PORT Klang Authority (PKA) has taken delivery of two double boom grab unloading cranes as part of the bulk cargo conveyor system in the north port. The cranes were installed by Kone Corporation of Finland at a cost of 121 million. The cranes were assembled231 words
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Article, Illustration442 1982-02-04 22 ARRIVALS KEPPEL WHARVES Cherry Singa (1500 tide) 28/29 Equator m (after Builder) 22 Iweri (0700) 20 EAST Karl Marx (0600 D/L) 35/ 36 Keiyo Maru (Ro/ro) (2200 after Karl Marx) 35/36 Nile U (1200) 3/4 Reefer City (0800 Subi. freeboard) 19 Sune S (0800) 30 Xuan Hua442 words
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Article186 1982-02-04 22 THE MAJOR shipping consortia operating between the Far East/Europe, Far East Persian Gulf, Straits ports/Australia, Straits/Japan and the member lines: ACE (FAR EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia Straits186 words
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Page 13 Advertisements
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Advertisement383 1982-02-04 13 HEUHG-A SHIPPING KOREA FLA6 VSLS Regular Liner Semi-Container Service To: P.KeUnc/Kedunt/Busan/lnchon Fm: Busan/H.Konf/Banfhok Tel S'pore: *****11 P.K. *****4, PN *****5 K.L. *****0 .1 \RIM\I I 11 Orient Overseas CwilcjMeA. Line FUUY COKTAfOtSED SERVICE TO QUOTE (VIA SUEZ) I taamcxmm I Caftni Bfwwrturefl after HamOuri ******* Times (S pore) Fa 6/2383 words
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Advertisement299 1982-02-04 13 S2SEALORDH f UASC UNITED ARAB SHIPPING CO (SAG/ [A.llA.'ililkl FULLY CONTAINERISED SERVICE Iraq cargo acceptable intransH Accepting LCL cargo for Dubai, Kuwait and Bahrain Vessel S'pore I Loading for Dubai (15/2), Dammam (17/2), Kuwart (19/2). Abu Dhabi (25/2). Doha (27/2). Bahrain (1/3) LCI 4/2 2100 Hrs Mma Qaboos (27/2) Dubai299 words
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Advertisement18 1982-02-04 13 LONDON Freights PORT Conditions SHIPPING Schedule CONTAINER Schedules WHO Acts for Whom SHIPS In Port CONSORTIA REGIONAL Weather18 words
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Advertisement694 1982-02-04 13 4>cnan Algerian National Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS PLEASE SEE PAGE IV Agents iMNCmC TRAMS I TMBMfi ttocrra 111. Tet *****4 (5 lines) SINGAPORE G3 *r MAERSK LINE EXPORT FULL CONTAINER SERVICES Salad SM •-7/2 4-4/2 13-14/2 15-14/2 24-21/2 22-23/2 27-24/2 1-2/3 4-7/3 4-4/3 13-14/3 IS-14/3 rrrrrr En694 words
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Page 14 Advertisements
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Advertisement874 1982-02-04 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04-09, MALAYSIA. TEL: *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Faada *P KMa* Vessel B PEKAGA 5/2 B SURU B. DAHLIA 12/2 N. DCLFT B PENAGA 11/2 N. HOORN B DAHLIA 2C/2874 words
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Advertisement201 1982-02-04 14 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA NT«t> Ifc tart 5/2 4/2 11/2 11/2 4/2 »/2 14/2 IV2 17/2 U/2 21/2 24/2 24/2 21/2 21/2 21/2 1/1 2/1 4/1 5/2 VI f/1 2/4 t/4 4/4 7/4 W1 ANNALS IAMER MENEBTHEUB" (/2/C "WHO KARA" 14/2/12. "BARBER TENNESSEE" 14/2/12. "BARBER201 words
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Page 15 Advertisements
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Advertisement659 1982-02-04 15 The Straits Steamship Group QCL Overseas Containers Limited r CONTAINtRSHiP SERVICE TO UK CONTINENT rtm Um •1/3 n/s M/ 3 M/ 3 14/3 IC/3 i>M PJUMI M/ 2 11/2 12/2 17/2 U/2 •3/3 K/3 11/3 13/3 25/2 27/2 •3/4 M/ 3 12/3 14/3 19/3 21/3 2C/3 21/3 •3/4 K/4 31/3659 words
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Advertisement340 1982-02-04 15 rfo Franco Belqum Services Mm > y. h>. t —ok t. mm u nw* mwi i m 7F* IU XF* 77 F* 3lter 4 Iter ilk ISF* MM Ite 7te 11 Ms 14 Iter 21 F* 22 F* 12 te I)H* 17 Ha II Ms Mte MF* IMr 17 M*340 words
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Page 16 Advertisements
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Advertisement462 1982-02-04 16 w 1 If 10 COHTIMNT UK Hapag-Lloyd EXPORTS tnnM>pment cup lor CARIBBEAN/WEST MOtS iu Hamb«r| IW HK 2/2 4/2 Spore PR Pen Bilbao Genoa H'buff B'haven Rdam Antwerp U/2 13/2 8/3 16/3 14/3 11/3 6/3 19/2 Connecting in Kaohsiung Connecting in Tokyo "Abo accepting cargo tor ATLANTIC GULF PORTS via462 words
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Advertisement384 1982-02-04 16 K.S.L.IME KOREA SHIPPING CORPORATION use use use ksc ksc ksc ksc ksc ksc ksc ksc ksense use ksc use use use use use MOTS: STOW CROHN MARK CO (Fit) LTD TEL: ******1 (4 Ums) TEXMNJU. OFFICE 2223*29, *****71 SUB-AGENTS: P. KELANG PEWAPALAA GHNONG ITMOR KL TEL: *****4/PK *****1 PENANG MTERMTTONM384 words
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Advertisement608 1982-02-04 16 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE T ACCEPTBK Fa LCI CARGO FOR S pmt kM ftbttmm Matmmp It Mnra Imfrtm l/I 1/i 3/3 VI 7/1 »/3 Iwr If* it/2 2V2 VI IV) IVI IV) IV) a/2 iv) 21/3 a/3 a/) n/3 {Ml l*»r V) IV) 27/3 2»/3 31/3 2/4 3/4608 words
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Advertisement869 1982-02-04 16 Everett Lines »/U Fat WW* 11/13 Fa* 1/1 Fak m»* u/ziM B F SS C Aa«nn n Motoyvo BOUSTEAD SHPWNG TEL NOS KL *****4/*****7—PKELANG *****1/8 PENANG *****1/8 DISCHARGING OMY OMpamt At fait mi Qt fciwinir latweawiawnal a iiii<b> a A. C.l.r. "ARGENTINE NATIONAL LINE" LOAHNG FOR DURBAN MONTEVDEO BUENOS ARES869 words
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Advertisement183 1982-02-04 16 mo.s.E. OCEAN SHIPPING S ENTERPRISES PTE LTD SANKYO LINE JAPAN/STRAITS SERVICE 6MSIUTV TMMONMN OCEM KSOMt MIBIKLU Miff wlawm/T i 11 reuMTwvmi 1 1 Murai WK < ntmratr tn SL/W UNION LINE m mimn m\m iuva aw mm mrm. 1 TO. 4MM4/4947M rnuMs onaiMKi Mdwiom I tat JM732/V7SI ■Til* KYOWA LINE183 words
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Page 17 Advertisements
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Advertisement731 1982-02-04 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) S'PORE I COLOMBO I HOOEIDAH I JEDDAH I AQABA I COLOMBO 30-31/3 4-8/5 7-4/4 12-13/5 raiTil 10-11/4 I 19-14/4 24-29/4 18-18/5 14-19/5 29-90/4 3-4/6 ACCEPTING LCL CARGO TO COLOMBO, AQABA AND HOOEIDAH. S.E.A. Container Feeder Service SINGAPORE/PT731 words
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Advertisement595 1982-02-04 17 TK Tomog IWbi UrpM, SWST BEN LINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EUROPE h-ruk b haven roam havw soton V) V) V) V) IV) 14/) IV) 9/3 a/i a/i a/i 14/1 a/j a/i 2/4 a/3 1/4 V 4 4/4 V 4 7/4 31/3 12/4 U/4 IV4 1/4 P«| Hm BkaMn595 words
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Advertisement458 1982-02-04 17 Scan Dutch 9 vy I K m Mr WEEKLY EXPRESS CONTAINER i nm* f mat 5/2 MSOfthftrt AW* 11/7 ISTM 13/2 mnosii/J MM fpift Ml* 1/1 mum a/i ■*um» a/4 EAST AFttCA UQMMIIki KM Mto V* T**NM 21/3 27/3 38/3 1/4 2/4 4/4 7/4 11/4 IS/4 11/4 a/4 21/4 H/4458 words
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Advertisement449 1982-02-04 17 BOUSTEAD SHIPPING AGENCIES BANK LINE i;a;ig> 3i,>imi CLYDEBANK* FORTHBANK CORABANK SPORE R'DAM HULL HA4BG 14 Fab 14 Mor 7 Mor 22 Mor 23 Mor 18 Apr 21 Apr 26 Apr 22 Apr 18 Moy 21 Moy 26 Moy Alao too* P. Ketone 16/2 and Pe*»* 18/2 Lines U.S. GULF MRECT449 words
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Page 18 Advertisements
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Advertisement584 1982-02-04 18 K LINE KAWASAKI KISEN KAISHA. LTD. EMttCSS CONTAINER SERVICES TO NORTH AMERICA Fcoamar n 9 motto 1 ■winMN 4/2 7/2 Padfcfa Jaba*M*oV2 11/2 11/2 Mi Mm I» M/ 2 25/2 C»|iii Mm KopUk tar QMAatal Imm, Porta* Haata. Gtimtm. Nnr Ota JAP AN-STRAITS-JAPAN Sjm Nw| P Ma* Sport Tokyo Napya584 words
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Advertisement355 1982-02-04 18 CAUFORNA/PACffIC NORTH WEST SERVICE EXPRESS CQNTANER/REEFER SERVICE M*t tar 10$ MOB. IMFMKBCO. WTUE. TtCOM, MMOOWO. IC *wp*i ro/ra c*b*m Mi Mif.iK- tuinw: Acc*eto| FO/ra. Cabhn PMm r fcM IM. AM. S* Mm K 1/4 F«b IF* II FA nF« »Ftk Frw 10 F* 11 FA 23 F* HU 4 Mv355 words
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Advertisement461 1982-02-04 18 ''y poi 11 > SINGAPORE SHIPPING AGENCIES PTE LTD 70TM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****? 13 L INE SI GENERAL 91 3111 114 L INI S TERMINAL Off iCt 222 3b83 TELE* RS ***** RS 7SS6B A 8 CARSMIP CABLE CARGOSMIP R2Vmn vi fm an mm ms/sin 9/11461 words
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Advertisement617 1982-02-04 18 KORINS MARITIME SERVICES Room 601 ICB Building Shenton Way S ngapore Tef *****2? *****6? P Keiang Tel *****4/*****5 MIDDIf EAST/RED SEA/EUROPE SERVICES Spare P. Keiang LeadMg Far In fort Dubai/Abu Dbabi/ban I Feb- Mubaila/Adan/Hodeidah/I 17 Fab It Fab 20 Feb BUNGA VAIDA.... mm NO. i 3.. NA£WOOND.2~ WQNSBON km Mnm+itm.617 words
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Advertisement544 1982-02-04 18 IUIU9UOJ| I" VUI lUII J 1, IW*< INTRASEA (PTE) LTD Sui'<- JUb lnu»rnat-ona Pia.M r 1 Smyapor*- 020T T,.i 224r-5 1 'Ol BREAKBULK SERVICE TO EUROPE/UK I i II: .U:'U, fpn f. Mhi Pwa* 22 Fab 19 Fab Im*| fcr BOBLOOC/rOMA/ m (M«) FULL CONTAINER WEST BOUND SERVICE Mr accepting544 words
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Page 19 Advertisements
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Advertisement506 1982-02-04 19 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE if *Cf COHOrt-u" TO EUROPE/UK (VIA SUEZ): K JACEJN 13W+..... HK CONTMO 29W. A CONCORD 3W C PAUL 30W C RO2E 2IW SS BUDGE 3SN Also accepting cargo to/from Scandinavia K JACEJW S'pore Closing Times: FCL Cargo 0300 6/2 LCL Cargo506 words
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Advertisement423 1982-02-04 19 MAC-NELS AGENCIES PTE. LTD. 1304 13TM FLOOR HONG LEONG BLD6. TI: UK/Europa Container Sarvica ETA 9/2 FID 10/2 Australia Container Sarvica ETA 7/2 ETO 1/2 Waafcty Containar Sarvica (Far Eaat)/China Spare Btt H/Konc Tn» Mania Japan 1/2 11/2 13/2 17/2 19/2 20 2 ACCEPTfK FCI/lCt TO CANTON (GUANGZHOU/KWONGCHOW OR Nippon423 words
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Advertisement702 1982-02-04 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SMSOV BULDM6 55, Market Street Snfapore 0104 Telephone Numbers *****3 (15 lines) Cable Address SMSOV SMGAPOItE Telex Numbers RS ***** RS ***** RS ***** f kelamg KMIK M/S shawm MM SOON SOU Ml. IST AND 2ND FLOOD. MESSRS NN TNONE SWTMC 23 #e«702 words
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Advertisement57 1982-02-04 19 REGULAR FCI/LCL SERVICES TO AUSTRALIA, NEW ZEALAND, HONG KONG SIM SWEE JOO SHIPPING SDN. BHD EXPRESS TO BMTULU OH LONG MTU (M 1M0) rn 1* *2X2 sm iok sin (Mi i*«) m uze kurr «l to M ton cmfi tor mtktUm *t MM Mm Agents: JAMBATAN MERAH SDN. BHD. P.57 words
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Page 21 Advertisements
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Advertisement190 1982-02-04 21 EGYPTIAN INTERNATIONAL LINE (EH) EGYPTIAN FLAG ■v: DIRECT UNER SERVICE TO EGYPT (PORT SUEZ PORT SAID ALEXANDRIA) stok w.skz r smd mujuom wr is it lb, 25 M» n n» 31 I N SHIPPING prt to :iJ9 Wvl<l Irjdf Centre Maf tim* Squarf S pnr» O40« 111 RS ?10r Tel190 words
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Advertisement240 1982-02-04 21 ft JOHORE SHIPPING 1/fT JALAN TENGKU BADAR PORT KELANG SEIANGOR MALAYSIA k¥IU HAJ SHIPPING SDN. BERHAD Express Unrtload Service from P. Kelanj East Malaysia 4 Bruno HAYATI V; 2/«2 HAYATI V: 3/12 HAYATI V: 4/S2 HAMDAH V: 2/t2 HAMDAH V: 3/12 HAMMH V: 4/12 AMR V: 3/12 P. KELAN6 15/2/12240 words
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Advertisement266 1982-02-04 21 WOOD LINE Bulk Timber and Plywood Service UK/CONTINENT SERVICE S*para mrm MOM 9JD mow n/2 n+H T|JW KJL Lm*| tar 3U> NMTES/UM/NfT/W 11/2 NANTIS/MfT/nM/UK/ ESS SOUTH AFRICA SERVICE ftCOFTIK ALSO COOM.S S'pwt fKdan( Loifc| tar: 5/3 7/3 ft«Mi/oi**Mi/C4»ta« General Agents: Wood Line (S) Pte. Ltd. Tel: *****11/*****93/*****39 Agents:N. Lumpur: SEGAM266 words
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Advertisement341 1982-02-04 21 FRANSMER (GROUPAGE) SERVICE Fronsm*r Services (S) Ltd Unit B. 4tfc Floor (OS-02) Cheng Qtwee Huot Indus trio I Building. 12, Arumuoom Rood, off Poyo Lebor Smgoporc 1440 P.O. Boa 519 Singopore 9146 Tel. *****66 (5 Uw») Tetem RS ***** FRAMER FCL/LCL SERVICE TO AUSTRALIA Colling ot:Sydney, Mtlbourne, Brisbone, Adelotde, Fremontle341 words
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Advertisement79 1982-02-04 21 SANKI SHIPPING CO LTD KSSL FT* nOBOIT MKUTUT 11/2/12 CNONMCV mm 17/2/C# «{ent OCf MTf*N«TIO*«t ¥*KM COPPOSITin* P'f iTD 144 C Ration R O *C Tel ?J?iW 77??)'*% ???76?S Boo*n{ indotii* ffetfM Sei»>ce Tel .V ***** 1 CARGO SPACE AVAILABLE ON UNER VESSELS LOADING FOR COLOMBO, KARACHI, CHITTAGONG, JEDDAH, ANTWERP79 words
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Page 22 Advertisements
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Advertisement201 1982-02-04 22 NOTICE Cn—lgnw at all damaged cargoea ex the above captioned veaaeia are hereby notify that the General Survey will be held' oo Friday sth, January, 1982 at Jua Port Godown No. 1 (run am. to 3.00 pen No further aurvey will be held. WORLD LINE WEST AUSTRALIA SERVICE S>an P.I201 words
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Page 22 Miscellaneous
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Miscellaneous157 1982-02-04 22 I Regional Weather a T A 1 4 k: 35 i Jfct (.4 W' Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C y Shower Weather Wind direction with speed in knots •t Rain J 0157 words
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