The Business Times, 12 February 1982
1982-02-12
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The Business Times
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Title Section10 1982-02-12 1 BUSINESS TIMES M.C.(P) No. 93/1/82 FRIDAY, FEBRUARY 12,1(82 60 CENTS10 words
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362 1982-02-12 1 WONG AI KWEI - By WONG AI KWEI SINGAPORE has asked Japan to send more than 70 experts for the coming fiscal year, which starts in April. The Republic made the request under a technical assistance scheme operated by the Japan International Cooperation Agency (Jica). If the362 words
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223 1982-02-12 1 SELLING pressure at the Singapore bourse yesterday afternoon pushed share prices even lower for the fourth consecutive day. The Straits Times Industrial Index was set back by 10.13 points to 753.80, the second double-digit loss in two days. The index has lost over 35 points223 words
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Article, Illustration422 1982-02-12 1 LEE YOKE MENG - By LEE YOKE MENG MANUFACTURERS here expect a tough time ahead, according to the latest official survey of business expectations. Not only is output forecast to drop after having reached a highpoint in the second quarter of last year all other key indicators point to422 words
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Article645 1982-02-12 1 THE banking industry turned in a sparkling performance in 1980, with profits forging ahead by 70 per cent to $658.1 million. However, on an individual basis, varying rates of growth and decline were recorded, with Chartered Bank and Development Bank of Singapore (DBS) emerging as two of645 words
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BRIEFLY...
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Article91 1982-02-12 1 KUALA LUMPUR, Thurs. Air fares between Malaysia and Singapore will be increased from March 1. A statement from the Malaysian Airline System today said that there will be an 11.4 per cent increase in economy class fares and excess baggage charges. First class fares will be calculated91 words
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Article47 1982-02-12 1 AFP KUALA LUMPUR, Thurs. The Malaysian government has discovered a major copper and coppermolybdenum deposits in Pahang and Kelantan. Samples collected in certain localities have also disclosed the presence of uranium. The government-run Malaysian Mining Corporation is now conducting prospecting work in the area. AFPAFP - 47 words
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Article52 1982-02-12 1 UPI NEW YORK, Thurs. Profits of major US corporations in the final 1981 quarter fell 6 per cent from a year earlier. The Wall Street Journal said the drop was due to high interest costs, the adverse impact of the stronger dollar on exports and sluggish demand atUPI - 52 words
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Article59 1982-02-12 1 Reuter JOHANNESBURG, Thurs. South Africa has imposed a 10 per cent surcharge on all imports, except those subject to the General Agreement on Tarrifs and Trade, with immediate effect. Finance Minister Owen Horwood said this will bring in about 550 million rand in a full year and 100Reuter - 59 words
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Article54 1982-02-12 1 Reuter BANGKOK, Thurs. A Vietnamese military transport aircraft, with 13 people on board, crossed into Thailand from Kampuchea today and crashed in a rice field. Three Vietnamese were injured, one fatally, when the Soviet-built Antonov-26 crashed while flying low to avoid Thai Air Force planes trying to forceReuter - 54 words
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Article53 1982-02-12 1 AFP SEOUL, Thurs. The majority of foreign tourist hotels here are not properly equipped with fire prevention or fire fighting facilities as required by law. Of the 48 tourist hotels investigated, 36 hotels, many of them frequented mainly by Japanese tourists, received urgent warnings to install proper fire-preventionAFP - 53 words
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Article114 1982-02-12 1 AP JAKARTA, Thurs. Vice President Adam Malik today said exposure of an alleged spy ring involving a Soviet diplomat and the head of Jakarta's Aeroflot office was a warning "to all of us in this region, especially to friendly countries that have diplomatic relations with the Soviet Union."AP - 114 words
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229 1982-02-12 1 THE MalayMaa gsveralaeat Is UMrihg Inglsls *mMm ta eat tta pradaesaid Primary Mastrio Mbdrter Datak Paal Leeag la Ksala I «par yesterday. He «aid Malaysia already has Ike Tla CaM OiMsisn MM aai the Tla M imiliH— lttf la gavera pradaetlea aad expart af229 words
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Article231 1982-02-12 1 THE Asean Finance Corporation (AFC) has appointed Singaporean Mr Lim Ho Hup as its chief executive, ending several months of search for a man to head the investment arm of the Asean Banking Council. < Mr Lim is expected to assume office "as231 words
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202 1982-02-12 1 SIME DARBY Berhad and its major listed subsidiaries, Consolidated Plantations and Tractors Malaysia, will release their results for the interim period ended Dec 31, 1981, next Friday. In separate letters to the Stock Exchange of Singapore yesterday, the companies said their respective boards will202 words
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Page 1 Advertisements
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Advertisement223 1982-02-12 1 Oil urn _Times Bookshops WMDSI PAPER Products (Malaya) has announced significant developments which could lead to a shift from its traditional business to property development Page 12 PROPOSALS to establish a financial futures market in Hongkong are expected to be ready by mid-year Page 2 HAZAMA-GUMI aims to take an223 words
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Advertisement35 1982-02-12 1 A w O by Singapore's best hotels and restaurants since 1961. ftople think highly of a Diners (Hub member. «s3S\ *i 11 unit I It if» a; )|>lii at !i >n f< nini< it lav35 words
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Advertisement0 1982-02-12 1 \!$'|@{-)/";!*(?')'{.+@>__-!,+:0 words
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Advertisement93 1982-02-12 1 See pmge 9 a. testonr •OiOtNA ITALIA very tender, very rare A There was a time when there were no machines and man was the supreme artisan. His hands the tools of ingenuity. Testoni perpetuate the art of such craftsmanship. Each piece of leather hand-cured and metamorphosed into a collection93 words
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BANKING AND FINANCE
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809 1982-02-12 2 Reuter PROPOSALS to establish a financial futures market in Hongkong should be ready by mid-year, Hongkong Commodity Exchange (HKCE) chairman Peter Scales said. Subject to government acceptance of the proposals and legislative approval, the market could well be set up by the timeReuter - 809 words
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Article128 1982-02-12 2 Reuter THE Australian government has approved plans by the Bank of Tokyo and three Australian partners to establish a resource-oriented merchant bank to be known as BOT Australia Ltd. It will be 50 per centowned by the Japanese bank. The Australian partners are the State Bank of NewReuter - 128 words
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Article83 1982-02-12 2 Reuter COMMODITY Exchange Inc (Comex) has reduced margin requirements on gold contracts by US$2OO to $250, effective on Wednesday. Margins on speculative gold positions have been reduced by $250 per contract to $1,250 and margins on hedge positions have been lowered by $200 to $800. An exchangeReuter - 83 words
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296 1982-02-12 2 Reuter STRONG fundamental factors should boost the deutschemark against other European currencies and the dollar in 1982, said Axel Kollar, deputy member of the managing board of Westdeutsche Landesbank Girozentrale. Kollar, addressing a Euromarkets conference In London, said West Germany's current accountReuter - 296 words
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Article285 1982-02-12 2 THE merger between the Institute of Ranking and Finance (IBF) and the Singapore Centre of the Institute of Bankers (IOB) was effected on Feb 1. The IBF informed all 108 members, in its recent circular, that their interests will henceforth be looked after by the institute.285 words
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174 1982-02-12 2 THE MIDLAND-MONTAGU restructuring which will result in two merchant banking units rather than the existing one is expected to materialise in the near future. Discussions are still going on between Midland-Mon-tagu Asia, the wholly-owned subsidiary of the Midland group, and the Monetary Authority of174 words
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367 1982-02-12 2 Reuter THE HONGKONG government is planning a system of balance sheet ratio controls for locally-incorporated banks and deposit-taking companies once it extends supervision over their operations outside the British colony. Financial Secretary John Bremridge said: "When the Commissioner (of banking) acquires adequate understanding ofReuter - 367 words
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337 1982-02-12 2 Reuter THE middle-income countries and oil producing developing nations, which have been heavy international borrowers, will be able to continue their commercial borrowing. Geoffrey Maynard, a director of economics for Chase Manhattan Bank, said figures suggest that despite high oil prices, some of these countries actuallyReuter - 337 words
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Article455 1982-02-12 2 THE local foreign exchange market remained quiet yesterday. No new developments took place and mo6t banks kept their positions steady ahead of the holidays in New York. Little activity was recorded for the US-Singa-pore trading. The Singapore dollar opened at 2.1135/45 against the US unit. It closed little455 words
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Article219 1982-02-12 2 SINGAPORE gold futures yesterday closed generally firmer compared with overnight levels in light trading. Prices were marked up between US$2 and $3.50 an ounce initially reflecting the metal's strength in New York on Wednesday night and thereafter the market fluctuated marginally throughout the session. Total sales for the day219 words
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Article37 1982-02-12 2 New York 8 638 8.45B 8.70S 8.52S Zurich 8MB 8 42B 8.74S 8.52S Singapore inn 8.C3B WW 8 40B 8. TBS 8 SOS Gating prices in US dollars a troy ounc Source: Credit Suisse, S'pore.37 words
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Article240 1982-02-12 2 THE dollar in London yesterday was narrowly mixed in early business as trading got off to a very quiet start, dealers said. With New York markets shut today and Monday for the Lincoln and Washington birthday holidays, the exchanges should remain quiet with business confined to book-squaring, they noted.240 words
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Article22 1982-02-12 2 THE average rate at which major Singapore banks are currently prepared to lend to their beet customers is 10.52 per cent.22 words
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Article190 1982-02-12 2 ASIAN RATES ASIAN currency deposit interbank rates as at close on Feb 11: U8 IMUr*(SfM) Offer BkJ 7 days 16 1/16 IS 15/16 1 month 16 3/16 161/16 2 months 16 5/16 163/16 3 months 16 7/16 16V16 6 months 167/16 165/16 9 months 16 5/16 16 3/16 12 months190 words
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Article47 1982-02-12 2 RANGE of price* offer •d by di» count tiixrni on Feb 11: Ovenricht. J 1 Call deposits: 2% to C)Mia< 1 3-month SaUiM Treasury bills 2V> 2H 3-month Bank bills 7** 7 3 months CD 7 a* 6 months CD 7* 7*4 Source: National Discount Co47 words
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Article157 1982-02-12 2 THE US dollar in Hongkong yesterday held steady against major currencies, trading quietly as Tokyo markets were dosed, dealers said. Rates moved in narrow ranges throughout the day before the dollar was lifted by short-covering from overnight sellers. The dollar rose to 2.3580/90 marks from an early 2.3565/75, below157 words
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Page 2 Advertisements
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Advertisement263 1982-02-12 2 Every Off ice Has A Potential Leak Of Confidential Information. INTIMUS prevents this! From the small office to large industrial establishments, there is an Intimusthat is just right. INTIMUS ampin The electric waste basket provides security right at your desk. At the press of a button, tt reduces unconcealed information263 words
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Advertisement308 1982-02-12 2 PROFITS AND PIROUETTES Since mid-summer lows, our editors have been bullish, and virtually alone, for most seers have been bearish. Our optimism has been sustained, not only by the upswing in the Dows, but by the programmed pirouettes of major banking houses, most of whom are out of step with308 words
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TRADE AND INDUSTRY
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377 1982-02-12 3 THE APPLE 111 microcomputer will be available in the Singapore market soon. Some authorised dealers of Apple computers have confirmed that stocks will be arriving either late this month or early March. The microprocessor unit of the Apple HI has a maximum377 words
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543 1982-02-12 3 THE construction industry should have no problem using metal scaffolding when the government introduces legislation in April aimed at discouraging the use of timber scaffolding. The Ministry of Labour has scheduled a series of training and orientation sessions to help all parties involved in543 words
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348 1982-02-12 3 SELCO Shipyard, a subsidiary of Pan Electric Industries, has reached agreement with Camcraft Incorporated of New Orleans to build light-weight aluminium vessels in Singapore. It will build the vessels to the specifications and designs of Camcraft. Under the licensing agreement, Camcraft will provide348 words
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Article151 1982-02-12 3 KOREAN Air Lines (KAL) will relaunch a direct Boeing 707 weekly cargo service betweeen Seoul and Singapore on Feb 27. The carrier terminated its twice-weekly service in March 1978 after three years of operation. Besides relaunching the freighter service, KAL is planning to inaugurate a passenger service151 words
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Article, Illustration183 1982-02-12 3 BOUSTEADCO Singapore Ltd has announced the following promotions within the group: Mr KkM Bma H* has been appointed joint deputy managing director. He was first appointed to the board in 1978 and was previously the group's financial controller. He joined the group in 1963. Two new directors183 words
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Article498 1982-02-12 3 RICHARD SEAH - By RICHARD SEAH HAZAMA-GUMI, one of Japan's top 10 general contractors, aims to take an active part in the local construction industry following its first success in securing a building contract here. It recently teamed up with another Japanese construction company, Japan Development and Construction Co Ltd498 words
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Page 3 Advertisements
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Advertisement82 1982-02-12 3 r Model DCI-460E Auxiliary AC power 2KW 220 V single phase Welding Range 80 450 ampere WWWe are supplier of Deifyd Wefders to LANHO CORPORATION PTE LTD P Sole Agents: CHONG LEE LEONG SENG CO. (PTE) LTD Tyrwhitt Road.Singapore 0820 Tel *****22 (5 lines) Cable. GOODENGINE Telex RS ***** Malaysia:82 words
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Advertisement153 1982-02-12 3 When not but the best will Goldhill Square CHticeTdwerSingapore's most distinguished office address Better finishing within both public areas and tenants' offices. Better layout. Better car-parking. Better airconditioning. Better maintenance. Better landscaping. Better amenities throughout the complex Better acoustics. Better lifts. And much more. Every aspect of Goldhill Square's design153 words
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OVERSEAS
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759 1982-02-12 4 NYT PAUL VOLCKER, chairman of the Federal Reserve Board (Fed), has announced that the US central bank would continue to pursue a tight money policy. Such a policy is seen as necessary to fight inflation but would still permit a recovery fromNYT - 759 words
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Article134 1982-02-12 4 Reuter UK INDUSTRY leaders have told Prime Minister Margaret Thatcher at a private meeting that the government should borrow more to cut business taxes and aid economic recovery. Raymond Pennock, president of the Confederation of British Industry, and its director general, Terence Beckett told MrsReuter - 134 words
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377 1982-02-12 4 Reuter THE French government, already criticised for trade policies regarded as protectionist, has approved a scheme to aid its ailing textile industry. Presidential spokesman Pierre Beregovoy on Wednesday said the government would subsidise social security contributions from textile firms in return for commitmentsReuter - 377 words
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279 1982-02-12 4 NYT SENATE DeoMcratte leader Robert Byni ef Wert Virginia ha* asked President Rmgaa to withdraw his pr*> pssed badget far fiscal IKS la the face sf msaattag epparities frem bsth Republican* sad Demeerata la Ceagress. Byrd said that la asUag Beagaa to withdraw theNYT - 279 words
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Article584 1982-02-12 4 AP UPI SENATOR John Danforth has introduced a bill to give the US government more leverage in persuading its trading partners to grant equal access to US goods, services and investments. Danforth, chairman of the Senate Finance Subcommittee on International Trade, said he hopesAP; UPI - 584 words
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Article285 1982-02-12 4 POLAND, probably helped by Moscow, is steadily trimming its debt on last year's interest payments to Western banks. West Germany's Dresdner Bank reckoned that Poland had less than US$2O million left to pay in interest payments. But other bankers in Frankfurt and London considered $100 million285 words
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458 1982-02-12 4 AP PRESIDENT Reagan has told poor countries that they should let private enterprise rather than governments solve their problems if they want help. The advice came In his annual economic report to Congress on Wednesday. In talking about the World Bank and others that provideAP - 458 words
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WORLD IN BRIEF
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Article474 1982-02-12 4 Agencies TOYOTA Motor Co, Japan's largest carmaker, has decided to build a robot-oper-ated motor plant with an annual capacity of up to 250,000 cars, in America's midwest. The company, the world's second largest carmaker behind General Motors of the US, plans to complete the American plantAgencies - 474 words
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386 1982-02-12 4 Reuter SIR Freddie Laker, attempting a comeback after his airline's financial crash, is seeking support from Roland "Tiny" Rowland, head of the giant Lonrho company. A spokesman for Laker Airways said he knew nothing about the meeting, but the Daily Mail carried a photographReuter - 386 words
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193 1982-02-12 4 UPI HIT BY recession, (are wars, high interest rates, and the the air traffic controllers' strike, the US airline industry showed a record US$3OO million in operating losses in 1981. According to an estimate by the Air Transport Association, based on the earnings resultsUPI - 193 words
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Article721 1982-02-12 4 ARRIVALS Service Local Operator Number Tine From MAS MH651 1000 PEN/KUL SIA SQ201 1030 HLP CPA CX710 1030 HLP SWR SR176 1050 ZRH GVA/BOM GIA GA960 1100 HLP SIA SQ103 1115 KUL THAI TG403 1120 BKK PAL PR501 1130 MNL SIA SQ191 1135 PEN GIA GA940 1145721 words
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470 1982-02-12 5 UPI THE Chinese government officially affirmed Deng Xiaoping's continued grip on power yesterday and reports said the vice-chairman had returned to Beijing, apparently to expand his purge. "Comrade Deng Xiaoping is still vice-chairman of the central committee of the party, chairman of the militaryUPI - 470 words
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418 1982-02-12 5 AP THE United States has rejected the Soviet Union's most recent arms control proposal as a "spurious" formula for Soviet domination of Western Europe. "This is not arms control," said Dean Fischer, the State Department's chief spokesman. Fischer accused Soviet leaders of attemptingAP - 418 words
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480 1982-02-12 5 Reuter PRESIDENT Hosni Mubarak of Egypt has signalled that he is ready for reconciliation with the rest of the Arab world, but not at the expense of good relations with Israel. Arab states have mounted a political boycott of Egypt since the lateReuter - 480 words
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288 1982-02-12 5 Reuter SAUDI Arabia, the world's biggest oil exporter, will face a severe test due to an almost inevitable economic slowdown this year and in 1983, because of weakening oil prices and reduction in development spending. According to a report by the intelligence unit ofReuter - 288 words
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373 1982-02-12 5 AFP THE Australian economy is moving through a dificult phase with unemployment currently at 6.4 per cent of the country's workforce. This is the highest unemployment figure in the past year. The number of unemployed teenage school-leav-ers was 73,000 at the end of January comparedAFP - 373 words
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Article317 1982-02-12 5 AFP THAILAND'S economy this year shows real cause for optimism in some respects, though 1982 is likely to be a tough year for this industrially developing country. According to a report, published in Bangkok's Business ih Thailand magazine, and compiled by a group from the faculty ofAFP - 317 words
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242 1982-02-12 5 Reuter THE central city of Ha ma stronghold of Sunni Muslim resistance to Syria's dominant Alawite minority is rebelling against the government. It is believed about 6,000 to 8,000 troops are ringing the city, with about 100 tanks and artillery pieces firing continuously, supported byReuter - 242 words
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Page 4 Advertisements
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Advertisement117 1982-02-12 4 Push for chilled water Push for ice crescents Luxurious styling with bold accents that complement your kitchen. Amana Quality gives you lasting beauty, convenience and versatility. •Convenient 3-door design Free-O'-Frost stops frost before it starts 2 automatic cold controls for freezer and refrigerator •3-position energy saver control saves electricity Lots117 words
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Advertisement0 1982-02-12 4 |_[!"?[-}-/<;%*:)>)^<%})|$|?_>\0 words
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Page 5 Advertisements
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Advertisement132 1982-02-12 5 Oil Trader Singapore A world wide oil trading company with annual sales over three billion U.S. dollars seeks a highly motivated oil trader to be based in Singapore. The Singapore office is responsible for developing market contacts and creating opportunities to trade crude oil and products over a large part132 words
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Advertisement320 1982-02-12 5 V-Com pact lubricated/oil-free Pressure to 150 psi (10 bar) Capacity to 635 cfm (1080rTvYhr) Broom Wade RA Screw Pressure to 150 psi (10 bar) Capacity to 1500 cfm (2570 m^hr) V-Major lubricated/oil-free Pressure to 300 psi (20 bar) Capacity to 3200 cfm (5490 m^fhr) Industrial Compressors CompAir/BroomWade. A top name320 words
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Article361 1982-02-12 6 THE LATEST quarterly survey of local business expectations is a stark demonstration of the slowdown in the world economy. Western countries felt the first pangs of recession as early as the middle of last year. It is not surprising therefore that local businessmen now expect361 words
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313 1982-02-12 6 POLITICS AND banking don't mix. Most Western governments have realised this in their saner moments, and have taken steps to assure the independence of their central banks. But politicians have never quite reconciled themselves to this independence, and frequently attempt to undermine it by publicly313 words
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Article, Illustration1826 1982-02-12 6 MICHAEL DONNE,ALAN FRIEDMAN - By MICHAEL DONNE,ALAN FRIEDMAN FT "l SAID to myself Laker, you are an innovator. You have innovated the airline l business. Now you must I innovate the hwniHng business." With these words last August Sir Freddie Laker started fighting the battle of his life. After more thanFT - 1,826 words
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Article, Illustration952 1982-02-12 6 PAUL RADFORD - US Secretary of State Alexander Haig and Treasury Secretary Donald Regan are said to oppose a Polish default, arguing that it will cause economic disruption in Western Europe, damaging relations between US and its allies. By PAUL RADFORD Reuter. THE WESTERN system would survive a decision toReuter. - 952 words
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Page 6 Miscellaneous
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Miscellaneous614 1982-02-12 6 < -11-OVE CROSSWORD CRYPTIC PUZZLE ACROSS 1 A chap with grit is one of a pair on foot (6) 7 It was better the little devil kept moving (8) 8 L<oud publicity for cranky ideas (4) 10 A small layer of eggs (6) 11 Nut used by the Royal Navy614 words
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Miscellaneous666 1982-02-12 6 sgj Religious knowledge forum A NEWrnßgliea kamMje Bag Bmm, Mlatotor af State Mi later lew he k pla* F'l"—•» (FiarieUaa); Mr SMek ilag to reh the gtlierj apper seeeadary lehMli alff, Pariteaeatary Seere- when ahe wwb. was aaaesaeed hy the tary ef Mtotolilm ef B*e*aj riifiam Darvttv re- Affairs aad666 words
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Article, Illustration842 1982-02-12 7 LYDIA CHAVEZ - FALLING PROFITS IN PLASTICS INDUSTRY The popularity of plastics has brought too many merchants into the same market, with the result that producers in the industry are finding it more and more difficult to make a profit. As LYDIA CHAVEZ observes, the bloom is off the rose.NYT - 842 words
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822 1982-02-12 7 STEVE LOHR - By STEVE LOHR NYT JAPAN'S economy remains the envy of most of the industrialised world but, in the opinion of government officials and other analysts, it is now at a crucial Juncture. Japan, they agree, needs to increase its economic growth. Yet, someNYT - 822 words
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Article, Illustration846 1982-02-12 7 WILLIAM CHISLETT - By WILLIAM CHISLETT FT. THE US and Mexico are heading for a trade battle which could undermine the greatly improved relations between them. The Reagan Administration has been vigorously courting the new non-Opec oil power on its southern flank and has been loath to tackleFT. - 846 words
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Article734 1982-02-12 7 BARRY VOLPERT - FORUM With BARRY VOLPERT RONALD REAGAN'S budget proposal for 1983 has touched off a predictable public furore, as budget proposals always do. iSe budget is being criticised from many sides, for reasons which are sometimes contradictory. Critics complain that the deficit is too large, social spending734 words
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Article, Illustration799 1982-02-12 7 Reuter MEXICO, one of the world's largest oil producers, is suffering from a rapidly depreciating currency because of reduced oil revenues, a huge balance of payments deficit and high inflation. The director of the central bank, Gustavo Romero Kolbeck, predicted last October that the pesoReuter - 799 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article261 1982-02-12 8 FEB 10 Frs CORBEILLE Air-Liqulde B S N GervaLs Danone C 8 F (Thomson Cat) Cie Francalse des Petroles Compazine Financier* Compagnie Qenerale Credit Foncter De France HichetU (Ubralrte) Machines Bull Mlchelln (B) Parlbas Pechlney Clftne Kuhlmann Peugeot Philips (Nv Oem Be lit) Prlntemps S A Rhone-Poulence SA Royal261 words
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Article95 1982-02-12 8 FEB 10 Fra FORWARD MARKET Acec Arbed Aatur Rrur*n Bru-Lamb C'anpar Cock Df Beer* Ebes Electrobel Gb-lnno-Bm On Hobok Pelro Ryl Dutch Sldro Soe Oen Belf So fin* Sol**/ A Tank* U Mtn V Mont 37» 1210 43» 672 1530 1330 200 300 1900 4250 2570 1900 2820 468095 words
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Article219 1982-02-12 8 FEB 10 Dm Aef-Teierunken 4Z00 uncti Akio 25 00 +0.1 Alii Leben 1A45U0 -2D Alls Vers 450 00 •S BASF IMJO OJ Bay H T Wbank l«2 OOB Bay Vbank 283 50 Bayer II7J0 0 7 BBC 221 OOB BMW Cassella Chem Verw JOB Oil 7 238 00 213219 words
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Article190 1982-02-12 8 FEB 10 Francs Aruoiu Sulsaes 240b -H Alusulue Br 506 -5 Alusulsse Ref 225 urvch Brown Bovrrl Br 970 •25 CI Da Oelf» Br 12S0 -16 Clba Oelcr P C «3S urvch Cite Oelo Ref 543 -4 Credit Suisse Br 1015 -J Credit Suisse Ref 352 unch ElekLrowati Br190 words
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Article100 1982-02-12 8 FEB 10 Fls ABN Ahold AMEV 71 80 Berk Bols 0000 -0.5 102.00 Calve Delft Dell Mtj 77 00 -0.5 31 JO Ford »30 Oistbroc 00J0 Hagemeyer 24 JO -08 17.50 8.00 0 3 HVA 5000 •1 Intn Muller 22J0 unch Kbb 2300 KLM 88 50 KNSM Meneba Mid100 words
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Article73 1982-02-12 8 Bastofi IK Bel 3*700 Centrale Ord Cond Arqua Roma Erldanla Flat Ord SOU 212 ***** IMS Oenerall 1<2850 Olra 2B0O If! Prt» 3120 Invest 27S0 Ilalcemenu Ord LSHnr Ilaltas MO 50 ***** Lepeut Ord Mediobanca nsoo Mllano Ass Ord Mondadorl Pr1» Montedison >«i» MBD 137 75 Olivetti Ord Pirelli73 words
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Article203 1982-02-12 8 FEB 10 Cf Abitibi 20B Alran 23^ -4* Algoma 37V» •IS Han* Mont 21* Bank Nova Scotia 23^ Bel) Tel 17* -H Beth Corp BP Can Lid 22 Brurin 20* Camp Red Lake I4H Can Imp Bfc 25* Can par 36* H Can par In* Pf Carting O'Keefe 5*203 words
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Article291 1982-02-12 8 FEB 10 Rand INDUSTRIALS A Alpha 47SB A bercom 430 15 AE And CI MO -5 AMIC 3250 25 Barlows 1040 5 C| Sugar 1750 25 CNA 800 Currle Finance 280 -5 De Berrs Ind Edcon 1250 Edgars loaooB Everead* Fed Volk I 566 u nc h Fuflt 2S0B291 words
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Page 8 Advertisements
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Advertisement177 1982-02-12 8 Where to wine, dine and entertain Don't leave home without it. To apply for the American Express Card Ca11:*****33 a«i»\ +*uuven J iani4 Special lSl^\u c ßufji\tSutu/tm The true Singapore flavour—only $8* Our popular Nonya Buffet SV Luncheon at a special price. Lunn COfFEE HOUSE 12 noon to 2.30 pm.177 words
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Advertisement115 1982-02-12 8 tit- JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. i/di/i. 1J di »i in .V j' in t* .il) [i ni 111 >7 >11 ni for reservations j ra// *****77 5 < (Mlllll'N I 'l Il*k Slm-CJ lit >1 I I lyi l| »!•< u,i -sVi H'115 words
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Advertisement183 1982-02-12 8 See Page 9 for New York prices and Page 11 for Asian stocks TIN H CONTINENTS RfcSTAL RANT Before you fly away to foreign lands, check-in vour bags then seek out the Five Continents Restaurant. Relax in intimate surroundings and wine and dine on the most superb international cuisine you've183 words
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Advertisement181 1982-02-12 8 When you dine, dine Cantonese. v If pleasing your palate is achieved only by eating the best, then dine Cantonese at The Inn of Happiness for the l)est Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton. So come. The stage is set for an evening to181 words
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Advertisement111 1982-02-12 8 3 Ik A x > The Dragon Palace Restaurant is where you can dine in regal splendour and feast on splendid dishes fit for a King Spacious enough to accommodate 450 people in comfort. Dragon Palace Restaurant also caters to the cosy twosome' wocMpn nsTti Oxiey Rise Penang Road Singapore111 words
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RAW MATERIALS
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Article173 1982-02-12 9 CHINESE PrrfMt Exehaage, Shpain, km eMu prices psr 16> kg yiSnfcy. CnmS «S: Bulk fob $100.00 seller*, old drum (in second hand drum) fob $112.00 sellers, new drum fob $116.00 sellers. Cspta: Mixed (loose) 150.00 buyers. Perper: Muntok white pepper fob Asta NLW $372.50 sellers, Sarawak white pepper173 words
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Article196 1982-02-12 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Csttsa yarn: China Blue Phoenix 20i 2,490; 32s 3.180, 40s 3,220 (per bale of 400 lbs). Piece gseds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly196 words
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Article320 1982-02-12 9 SINGAPORE: Yesterday's closing prices in S3 per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 1.05, 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, Special320 words
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Article62 1982-02-12 9 THE BTRAITS tin pric* Penang yeatenby 4*pped five cents to MW.IS a klls, still within the ITA middle sector range sf 132.M and $34.18. The easier market was die to Increased sappiy sf metal aad Influential bsyer sap* pert at the tower level coupled with light everseas interest.62 words
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Article32 1982-02-12 9 Rubber; Feb 11 Singapore: March: 178.25 cents (down 0.75 cent) Malaysia: March: 203.00 centa (down 0.75 cent) Tin: M 534.15 (down 5 centa) Official offering: 225 tonnes (np 33 tonnes)32 words
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Article89 1982-02-12 9 THE Malaysian Minister of Finance has fixed these rates for the period from Feb 11 until further notice: Babfcer: 205 7 /i cents a kilo for RSS One; Cepra: M 1500.00 a tonne; Palm ksnel: $955.75 a tonne; White pepper: $3,202.22 a tonne; Mack pepper: $2,173.11 a89 words
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Article61 1982-02-12 9 Reuter THE Japanese Food Agency said the government's surplus rice stock totalled fell to 4.40 million tonnes at the end of October from 6.66 million a year earlier. The stock, including 910,000 tonnes of the 1980 crop rice with the rest from older crops, is expected to fallReuter - 61 words
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Article1093 1982-02-12 9 NEW YORK STOCKS STOCKS IN New York on Wednesday higher after two days of declines. Takeover situations dominated trading. The Dow Jones industrial average closed up about six points, advances led declines by around 880 to 530 and volume narrowed to some 47 million shares from 54.421,093 words
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Article260 1982-02-12 9 RUBBER prices in Singapore yesterday closed slightly easier with March One RSS buyers quoted at 178.25 cents per kilo, down 0.75 cent from Wednesday's close. Morning prices were marked down slightly on lower London advices but recovered marginally thereafter on covering interest to check the decline. The afternoon session260 words
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Article310 1982-02-12 9 RAS prices In cents per kilo yesterday: (per kilo) (per kilo) lot 1 R.S.S prompt f.o.b. 174.00 Int. 1 R.S.S. Marcs 171 .SO IbL 1 R.S S April 1X1.50 Int. 2 R.S.S. 101.00 UK/Coot 105.00 Int. 3 R.S.S. 102.00 UK/Coot 100.00 1st 4 R.S.S. 14M0 UK/Coot 140.00 Int.310 words
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Article44 1982-02-12 9 NOON 8SR «ad SMR pncaa ywtarday- M«nt April (Cmrwm* MU) (r«nrai4 M tk) tes*-sz». SSR10 (l-tm pallrt) 1CU0 1C3.S0N 1M SO 1M SON Mutt April gtACV (1-tea palat) 1(1.00 moON ltt.00 1MOON isL s® isss S3? «as £55 £2 $3 £244 words
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72 1982-02-12 9 DESTINATION THIS PERIOD Shipped Afloat Shipped tonnes tonnes tonnes Africa Australasia 5.00 5.00 Pjinarlq 45.00 20.00 45.00 Continent 4,456.00 370.00 4,456.00 India 100.00 100.00 Japan 1,022.00 65.00 1,022.00 West Asia 10.50 10.50 Pacific 163.00 71.00 163.00 Singapore72 words
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281 1982-02-12 9 AP Reuter THE PRICE of tin 011 the London Metal Exchange, hit an all-time high of £8,990 (U5J16.631.50) a tonne on Wednesday morning only to eaae later and close at £8,M5 a tonne, £7.5 below Tuesday's close. The closing price is equalAP; Reuter - 281 words
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Article102 1982-02-12 9 THE OUTLOOK for cocoa prices during the coming months does not look buoyant, according to the latest market report by London broker, Gill and Duffus. Forecast surplus of supplies over demand is put at 96,000 tonnes for the 1961-82 season and the report notes that world stocks102 words
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Article793 1982-02-12 9 COFFEE: Robust* coffee futures yesterday rallied from opening losses by end morning on commissi on house buying and shortcovering, dealers said. Futures ended the morning £25 to £8 lower with near March last traded at £I*3Bo against £1.349 earlier. Turnover totalled 2,346 lots including 744 cross trades and793 words
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Article154 1982-02-12 9 THE Kuala Lumpur crude palm oil market yesterday finished higher on covering for nearby positions as traders awaited the outcome of the Indian State Trading Corporation's negotiations for RBD olein for March/April/May shipment dealers said. In February, south was traded Msls higher at 1965 a tonne and north154 words
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Article217 1982-02-12 9 SOYBEAN futures in Chicago on Wednesday closed 1V« to four US cents a bushel higher, near the top of a 4 cent range. Prices trended firmer from the start in to Wednesday's recovery in financial instrument and precious metals markets. Sentiment that the market was left in an oversold217 words
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Article114 1982-02-12 9 WHEAT futures in Chicago on Wednesday closed near the top of a narrow 2V« US cent range, up 3'/« to one cent a bushel in revived trade. Late sympathetic local short-covering following strength in corn edged prices higher. Traders attributed Wednesday's firmer trend to significantly increased reported export interest114 words
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Article812 1982-02-12 9 Reuter MALAYSIA, the world's leading tin producer, it gambling that it can find a mare profitable way of selling the metal. However, tin industry officials and expeiU in consuming countries think the odds are against it and belittle the idea that the price ofReuter - 812 words
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233 1982-02-12 9 Reuter MAJOR TEA exporting countries meeting in New Delhi have reached a broad understanding on the need to have an international tea p*ct to regulate prices in the world market, a UN official said today. Eighteen countries began a five-day conference inReuter - 233 words
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Article248 1982-02-12 9 AP A TWO-DAY price surge on the London commodities market sent robusta coffee prices on Wednesday to their highest level since August ISBO. Robusta coffee for March delivery, after reaching a peak of £1,442 a tonne during the day, later eased and was being traded inAP - 248 words
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Page 9 Advertisements
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Advertisement60 1982-02-12 9 EUROPE TRANSPORT MULTINATIONAL WELL ESTABLISHED EUROPEAN TRANSPORT AND FREIGHTFORWARDING GROUP (STAFF 700 TURNOVER US$ 75 MILLION) DESIRES TO ESTABLISH CONTACTS WITH SIMILAR COMPANIES IN SINGAPORE TO DEVELOP OCEAN AND AIRFREIGHT ACTIVITIES BETWEEN SINGAPORE AND WESTERN EUROPE. INTERVIEWS COULD TAKE PLACE IN SINGAPORE FROM FEB 22. PLEASE REPLY TO BT Box60 words
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1637 1982-02-12 10 BID and offer prices officially listed and hud— in and reported to the Stock Exchange <* Sings pore yesterday with the number of share traded shown in brackets in lots of 1.000 units, unless otherwise specified. SECTION ONK INDUSTRIAL COMMERCIAL Aaaaa (2MB1,637 words
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Article140 1982-02-12 10 VUT FM It) sa i« B L» M J* and I V 1.33 M 2. M ■w Fund L rnirna n iji n ("'"I"' 1 Mai Invest Fu iriMferMli) nd 1T» 2.M Mai Pro* Pua d 1M l&zd -Uad 1. X XM IIWTWOTTI1IIIM S'lmGrartk (riMhr TmH O M140 words
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Article2878 1982-02-12 10 IM1/1M2 High Low CMfMJ Last Sale 4-or-Gr*e Dhr IM* Cn Gr»e rid Net P/R Vol (■OOO) Day High Law 8ECTION ONE INDUSTRIAL ft COMMERCIAL m 11S aao 912 430 aoo 470 532* 975 430 348 11S 130 ISO SM 75 SM 2M 332 231 Acma Alcorn Allied2,878 words
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Article1986 1982-02-12 10 BID and ofler 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. MDUmULC IjHBUI (14B) (J) 1« (2) J 50 Mm (L 278) IMS)1,986 words
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Article48 1982-02-12 10 8PP limited: Twenty-ninth AGM to be held at 315 Alexandra Road, Singapore, on Feb 12 at 9.30 am. THE New Straits Tlm<» Pre« (Malaysia) Berfcad: AGM to be held in the company's theatrette, Balai Berita, 31 Jalan Riong, Kuala Lumpur on Feb 20 at 11 am.48 words
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Article767 1982-02-12 10 WHEN the gateg had, expect It tt get s M want Mere tt eaa get better thto »»B— to he *a apt deewtei— of the leeoi stockmarket theee days. TV —abated fall la dure prieea steee laat week Mi prompted abcervcra ta aay: 'Of yea caat fight767 words
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Article621 1982-02-12 10 THE KUALA Lumpur stock market continued to lose further ground yesterday In another round of selling, taking stocks broadly lower. Interest was poor, particularly in afternoon trading with prices accelerating lower after 3 pm, after having moved within a narrow range in early trading. The621 words
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COMPANY NEWS
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445 1982-02-12 11 STOCKBROKERS and jobbers will be able to join the London International Financial Futures Exchange when it opens in September, but only under tight financial constraints and on terms which will put them at a disadvantage compared to other members. The terms for entry to the445 words
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198 1982-02-12 11 RALEIGH Cycles (Malaysia) has taken another step to expand and diversify from its traditional manufacturing activities. The company announced yesterday the formation of a wholly-owned subsidiary, Raima! Trading Sdn Bhd (Raltrade), which will expand trading activities by acquiring further agencies, franchises and distribution198 words
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Article73 1982-02-12 11 CHOCOLATE Products (M) Bhd's shares were quoted and listed on the Kuala Lumpur exchange yesterday. A total of 11 million ordinary shares of $1.00 each were admitted to the official list and its shares are traded on an immediate delivery basis. Chocolate Products recently made an offer of73 words
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423 1982-02-12 11 TRADING in the shares of Ldtmg Haai lad—tolas will resume today. Trading in the counter was suspended on Tuesday at the request of Fatt Lee Properties, which had advised that it was negotiating for the acquisition of shares in Leong Huat. Negotiations,423 words
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694 1982-02-12 11 TRACEY CHIN - Hoechst, the chemical-based company, is among the newer breed of multinational corporations which began operations in Malaysia in the *****. Its sales have risen to about Ms4o million, says TRACEY CHIN. TRACEY CHIN Hoechst Malaysia Sdn Bhd ranks among the the newer breed694 words
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351 1982-02-12 11 THE TOKYO Stock Exchange will consider allowing foreign-owned securities bouses to become mem ben of the exchange. A members committee will begin formal consideration of the matter next week and It may be put to a vote of the membership at its next regular351 words
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Article190 1982-02-12 11 DUNLOP Malaysia expects that China will place a small order for truck and light truck tyres for evaluation purposes In a few weeks' time. lids is in keeping with the Chinese style of doing business, Mr John Haring Dunlop Malaysia's export manager told Malaysian Business190 words
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Article810 1982-02-12 11 LONDON, Wed. The market firmed In reaction to yesterday's lower trend which followed the January banking statistics, but turnover was small. The FT index rose 10.5 points to cloae at 573.7. Government bonds gained up to H ppint ahead of US Federal Reserve Board's chairman Volcker's testimoney to810 words
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365 1982-02-12 11 Reuter WARDLEY, the whollyowned merchant banking subsidiary of the Hongkong and Shanghai Ranking Corp, increased dividends paid to the bank to HK$l35 million from 1110 million In 1980. The company's total assets rose by 15.82 billion to $16 30 billion from $10.48Reuter - 365 words
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ASIAN STOCKS
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Article339 1982-02-12 11 HONGKONG STOCKS IN Hongkong yesterday closed at or near their lows after falling in the afternoon on nervous selling, brokers said. Prices opened higher in sympathy with Wall Street, but drifted lower due to lack of supporting factors. The Hang Seng index closed off 29.83 points at339 words
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Article271 1982-02-12 11 SHARE prices in Sydney yesterday eased after opening firmer, brokers said. At the close, the All-Ordinaries index, was off two points to 530.4, one of its lowest levels since introduction of the index at the start of 1980. It takes the week's fall to 19.3 points.271 words
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Article84 1982-02-12 11 PCB 11 A CO)* Mining Pwot ,0015 -0.0002 Orion Ul B Ptm Ornmi Phil*. A art m unch unch AUm COO. A Phllcx B ZZ2 M +A4IBB A Urns con. a H nj» ■U Ptoo—r Ba«ulo Ootd Bnntt Cod. b BT Goodrich cnriP -001J 46 *0000) unch PLDT Podco84 words
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Article73 1982-02-12 11 rxB u Bahts International Aat* nn rarior 131 UQ uncb 4-U 1 -I uncb 1 ♦I International Treat Arul ru Rama Tower Saba Union Mam Cement Slam Ctty Cement South Ajla Fibre Thai Danu Bank United Flour Mill United Thread 9039 190 140 143 II 11 g 1 173 words
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Article50 1982-02-12 11 FINANCIAL TIMES INDUSTRIALS Wednesday 373.7 Tuesday 563.2 Week Ago 578.0 DOW JONE8 AVERAGE INDUSTRIALS Wednesday 836.06 Tuesday 830.57 Week Ago 845.03 HJLHANG SENG Thursday 1256.57 Wednesday 1286.40 Week Ago 1308.38 AUSTRALIAN INDUSTRIALS Thursday 874.7 Wednesday 077.7 Week Ago 688.0 ALL ORDINARIES Thursday 530.4 Wednesday 532.5 Week Ago 547.650 words
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Page 11 Advertisements
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Advertisement22 1982-02-12 11 tl 0 Mandarin Hotai Shopping Arcada 3rd floor Hi Hon Hotd Shopping Arcada Ist Floor Opmn 10 6 p.m. Daily Td: *****80/*****78.22 words
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Advertisement395 1982-02-12 11 Tiff xty *Tm The Systems Approach to (a) INFORMATION SYSTEMS AUDIT (b) MANAGEMENT CONTROL SYSTEMS by Dr Brian Wil«on, B.Sc, Ph.D, C.Eng„ M.I.E.E. Senior Lecturer, Systems Department, University of Lancaster. During the last few years there has been an increasing awareness of the need to find new f methods of395 words
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Chief Price Changes
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Article150 1982-02-12 12 Rises Bolkatu Mai* 660 10 8yn Resins 300 6 Scab Shipyard 570 5 DOB 412 4 Pan-El 340 4 C C 250 4 Guinness 388 2 U E 246 1 Falls C Sugars 1280 -100 Hong Leonf lad 880 -50 Straits Trading 890 -45 Ambassador 540 -40 Berjuntai 715150 words
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Article, Illustration145 1982-02-12 12 Rises Pengkalen 1340 100 Prima 620 60 Falls C Sugars 1400 -80 A Hitam 1000 -60 HLInd 960 -50 S Trading 965 -65 Rahman Hyd 530 -30 Sg Besi 800 -30 MBF 805 -30 OCBC 1200 -30 Inch Kk 1270 -30 KG Hldg 320 -28 Syn Resins 320145 words
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Article276 1982-02-12 12 FT ANOTHER clampdown on the ability of companies to take over other companies in a matter of hours on the London stock market has been announced by the Council for the Securities Industry, the city's main self-regulatory agency. A company seeking to make a takeover cannotFT - 276 words
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Article552 1982-02-12 12 MBF HOLDINGS BHD has made another thrust Into the property market with the proposed takeover of five property development companies for M 561.4 million. In an announcement yesterday, MBF said it has agreed in principle with several parties to acquire the entire issued and paidup552 words
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332 1982-02-12 12 Koh Tse Ying - Koh Tse Ying HIGHER income from Investments and deposits helped to cushion the drop in earnings at Robinson and Company Ltd for the six months to Dec 1981. At the operating level, pre-tax profits plunged more than 45 per cent to $1.2 million from $2.19332 words
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Article283 1982-02-12 12 J THE Hong Leong group has an offer of a secured f loan of U5546.3 million from Grindlays Bank Ltd > for the purchase of two of Grindlays' subsidiaries in Hongkong. A statement from Grindlays Bank said that its Grindlays Asia affiliate will, if283 words
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Article531 1982-02-12 12 TMB Sdn Bhd, the largest distributor Of Caterpillar earth movers in the Far East and Australasia, will set up a subsidiary jointly with bumiputra interests to operate its proposed heavy equipment assembly and parts manufacturing plant in Negri Sembilan. In an interview with the Malaysian Business531 words
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479 1982-02-12 12 CHOO AI LENG - ■sell lompames Editor: Mara Sabnani By CHOO AI LENG PAPER Products (Malaya) Bhd, recently taken over by a Kuala Lumpurbased bumiputra group, yesterday announced significant developments within the company which could lead to a shift from its traditional paper business to property479 words
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208 1982-02-12 12 THE Hong Leong group, in an apparent change of guard, has announced management reshuffles in two of its member companies. Mr Kwek Leng Hai has resigned as director and managing director of Hong Leong Credit. At the same time, Mdm Chuah Swee Cheng has208 words
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Article220 1982-02-12 12 PRO MET Bhd, Malaysia's marine engineering and construction group, may soon be involved in the building of the MJ74O million Penang Bridge. The group is believed to be interested in acting as the Malaysian partner to Hyundai Engineering and Construction Co in the building of the220 words
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154 1982-02-12 12 SHANGRI-LA Hotel has achieved another year of steady growth in spite of cautious projections in some quarters. For the full year to December 1981, the hotel group reported pre-tax profits of $30.34 million, making it the first local hotel to surpass the $30 million earnings mark.154 words
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Page 12 Advertisements
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Advertisement204 1982-02-12 12 FINE CHINESE ANTIQUES S WORKS OF ART KWOK GALLERY Pte Ltd 101-103. FIRST FLOOR, FAR EAST SHOPPING CENTRE ORCHARD ROAD TEL *****16 THREE GENERATIONS OF EXPERIENCE SINCE 1918 Automating Your Share Registration System ■<?■« P r °f«s> onal knowledge, a great deal of analytical ability and knowledge of the application204 words
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Advertisement279 1982-02-12 12 PROF. LEO BAUMANNS General Director of the Institute for Applied Socio-Psychology, Dussektorf, on Socio-Psychological Methods of Marketing Singapore, April 6-8,1982 Socio-Psychology has developed within the last years different methods and models which are appropriate for Marketing Research, Marketing and Public Relations. This course is designed for Marking and PR managers279 words
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Page 12 Miscellaneous
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Miscellaneous59 1982-02-12 12 OUTLOOK for Singapore today: Fair and sunny. Afternoon showers in several areas. Report for U tours prior to U pm on Feb 11 at the airport: Maximum temperature 32.3 Associated humidity 60 Minimum temperature 23.3 Associated humidity 94 Hours of sunshine 9.65 Rainfall in millimetres Nil Total rainfall for the59 words
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SHIPPING TIMES
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265 1982-02-12 13 THE feasibility study on the iw expansion of Thailand's Sattahip deepsea port to handle both bulk and container ships of up to 12,000 dwt is still being planned, despite the fact that the government is now considerJ ing a proposal to develop a section265 words
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620 1982-02-12 13 G DURAIRAJ - By G DURAIRAJ PERNAS Sime Darby Shipping (PSD Shipping) says it can effect considerable savings in the freight bills for Malaysian exporters and importers if they engage its services. This follows the company's expansion of its network to cover over 30 countries,620 words
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PORTSIDES
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Article89 1982-02-12 13 Reuter EL PASO Co said it has agreed to sell two liquefied natural gas vessels to Phoenix Co, affiliates of the Falcon Shipping group. El Paso said that, assuming normal operations of the two ships, it will receive more than US$lOO million from the transactionReuter - 89 words
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Article42 1982-02-12 13 Reuter THE JAPAN/Hongkong and Japan/Straits Freight Conference said it will cut its currency adjustment factor (CAF) on Feb 12 to 23 per cent from the present 29 per cent, which has been in force since Dec 8,1981. ReuterReuter - 42 words
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Article88 1982-02-12 13 Reuter MAERSK Line announced a Hongkong/Riyadh sea and land cargo service. Vessels operated by Maersk to the Middle-east Gulf may now carry Riyadh-bound containerised cargo to Damman. From there, the cargo is transported by Saudi railways. Hitherto, customs inspection of Riyadhbound goods via Damman was done upon dischargeReuter - 88 words
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Article83 1982-02-12 13 Reuter SEA-LAND Service Inc said it will raise the destination service charge on shipments from Japanese ports to inland points in North America to US$lO per revenue tonne, from the present 18 per revenue tonne, effective March 6. The charge on containers will be raised onReuter - 83 words
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Article682 1982-02-12 13 ShlppUg UM PK* Cat SMffiag Uae PMe CM vm I Fnaco vn 4/5 s A/ea vm I Flotu Lauro V Atro-Euraata Alfred CT VI VI a 1 Franco-Belg m VI VI V 4/5 Alltraaa Alpac vn VI 4 5 FrwNWC Freight Uaka 1 1 1 Aa|QHI9 AaMaf682 words
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Article457 1982-02-12 14 VESSELS OPEN: Tanker 8,042 dwt on 8.071 M draft built 12/80 Imco 111 17 tanks fully epoxy coat/coiled 5 rnps/lines the vessel open straits prompt Philippines 5/2 China/ Japan range Feb 8-12 interested parcels to USWC. Dong n Korean flag class KR/NK built 1967 5,845 dwt -bale/grain 7216.61/661.13M3457 words
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431 1982-02-12 14 AFTER a flat performance in 1981, the Sea Containers Group is expecting strong profit growth in the current term. In what promises to be a busy year for the group, its president, Mr James Sherwood, believes a 50 per cent increase in net earnings431 words
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Article1645 1982-02-12 14 TIME-CHARTERERS were (airly active on Wednesday In an otherwise dull freight market with a large vessel of 123,000 long dwt being fixed with Continental delivery (or 12 months trading at US$l.O5 per log ton. A 21,500 tonner was booked for Feb delivery arrival pilot station Rotterdam with the1,645 words
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715 1982-02-12 14 Business Day THE MARITIME Industry Authority (Marina) of the Philippines has outlined a seven-year programme that calls for investments totalling 2.5 billion pesos for the country's inter-is-land fleet. Of this amount, 2 billion pesos is for the financing of replacements and 500 million pesos isBusiness Day - 715 words
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Article241 1982-02-12 14 A FIERCE row has broken out in Greece following a decision by the Ministry of Mercantile Marine to stop further lay-ups of ships near Piraeus. Shipyards are expected to lose millions of dollars in trade because of the move. The ministry has ruled that the Elefsina's241 words
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298 1982-02-12 15 COMPAGNIE Maritime Beige is considering an order for four liner vessels but the expansion project will depend on the credit terms which the Belgian government would be prepared to offer. The company plans to introduce at least two of these ships into298 words
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Article, Illustration498 1982-02-12 15 Lloyd's List THE DAYS of economical freight transport have gone, P4O European Transport Services director Mr Ted Hains said. He told the Metropolitan section of the Chartered Institute of Transport that many operators hoping for a positive figure in their profit and loss accounts wouldLloyd's List - 498 words
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512 1982-02-12 15 THE THAI government's policy to promote the country's shipbuilding and repairing industry is not likely to achieve any success, unless the government gives its full backing to the industry by participating in it or providing subsidies and other active promotion measures. Communications Minister512 words
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4130 1982-02-12 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 of4,130 words
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Article650 1982-02-12 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL Ship Arrival for LCL Movement Voy Date/Time Operator Cargo Schedule Mode NZ Star 0576 13.2.82 0700 Austasia 49 1400-1500 vc Adv&ra 37NB/SB 13.2.82 2359 Leo Shpg 49 1700-1900 TT N. Golovanov 2CE/82 13.2.82 0800 S'pore Soviet650 words
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Article1796 1982-02-12 21 The leading shipping lines operating from local ports and their agents. A-B Aitdpataga Shpg Singapore Shpg Agencies (S) Euro-Asia Line (PN KL PK) Mrtifc Cwtaber Continental Feeders (S) Cargo Freight (PK). APKA Singapore Shipping Agencies (S) Euro-Asia Line (PK/PN). Un-KvMh Use Transgroup Pte Ltd (S) Ai1,796 words
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504 1982-02-12 22 Fairplay LAST YEAR saw the completion of the second stage of Zaire's ambitious containerisation programme for the port of Matadi. It was in January 1979 that the programme was put into action. This focused on a container terminal in Kinshasa Terminal Conteneur KinshasaFairplay - 504 words
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Article296 1982-02-12 22 LIBYA has publicly acknowledged its problems in dealing with containers by banning all except 20-foot boxes. From Mar 1, 40-foot containers and 40-foot semi-trailers will not be allowed to land in Tripoli port. The only exceptions are if it is obvious that a cargo296 words
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Article, Illustration491 1982-02-12 22 ARRIVALS KEPPEL WHARVES Atrevida (2100) 31/32 Bunga Tanjong (after Buyo) 1/ 2 Cherry Chantek (0600) hauls 14m East) 27 Frasin (after Larch sails) 35/ 36 Fortune Victory (after Cherry Chantek hauls) 28/29 Kusu Island (0600 after Sea Rejoice) 13/14 Kim Soon Li (after Jenson) 22 Kashii Mam491 words
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Article184 1982-02-12 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 (PAR EAST/EUBOPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.184 words
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160 1982-02-12 22 Reuter TOTAL new Soviet merchant shipbuilding will not exceed three million tonnes deadweight (dwt) before end-1985, indicating that the Soviet fleet will grow to between 19 and 19.5 million dwt by then. The Institute for Shipping Economics in its monthly report saidReuter - 160 words
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Page 13 Advertisements
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Advertisement422 1982-02-12 13 The Straits Companies Times Key Personnel, DIRECTORY Agencies Of Singapore (Buku Merah) LONDON Freights ORIENT Exchange SHIPPING Schedule CONTAINER Schedules ."WHO Acts for Whom i SHIPS In Port REGIONAL Weather CONSORTIA cm 77 I \RI >I I I AII Orient Overseas Co*Ucwte4 Line OdNBMSm SEVEN SEAS MBCI 3S 16/2 8/3422 words
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Advertisement212 1982-02-12 13 HSEALORDH s F UASC UNITED ARAB SHIPPING CO SAG EXPRESS MULTI-PURPOSE SERVICES iihi Loading for IM JUBAVR ¥.32 BN AL A THEE* 1 Brtjfcbuft Abu Dhabi (11/3). Dammam (14/3), Bahrain (17/3), Kuwait (20/3), Shuatba (23/3) *Mna Qaboos (20/3), Kuwait (23/3), Dammam (29/3), Bahrain (1/4). Doha (4/4), Abu Dhabi (7/4) •Also212 words
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Advertisement393 1982-02-12 13 T>3NGAPORE Business FOR PEOPLE WHO MATTER MAERSK LINE EXPORT FULL CONTAINER SERVICES I TO: U.S. PACIFIC. GULF, ATLANTIC, EAST CANADA. ABIAN PORTS *SWGATOg aOSW6 TIES: CY 14t» Frt 7400 HRS CFS 1100 HRS TO: BELGIUM, HOLLAND, GERMANY. SCANDINAVIA. SWITZERLAND. AUSTRIA. FRANCE rwdwViti PortKelang I Veaael |i mOCS* MANGO MAERSK MANGO393 words
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Page 14 Advertisements
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Advertisement952 1982-02-12 14 MALAYSIAN INTERNATIONAL SNIPPING CORPN. BERN AD WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR 04^)9, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Cwtatwr Sawtca U_ S'pora 1) i* fort noan 18/2 N.HOOM 26/2 TOYAM 9. KMOA 19/3 B PERMAI 23/3 7/4 12/4 13/4 15/4952 words
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Advertisement208 1982-02-12 14 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA MM IM 14/2 15/2 mm wz a/2 a/2 a/2 UM a/2 a/2 1/12/2 n/1 VJ VI 11/1 m MARA" 11/2/12. "iAWtW TKNNEtSE TO: PANAMA US ATLANTIC EAST CANADA US GULF TO: CALIFORNIA VENEZUELA EXPRESS CONTAINER SERVICE I DDI!SCSE M/ 2 m208 words
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Page 15 Advertisements
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Advertisement395 1982-02-12 15 OThe Straits Steamship Group QCL Overseas Containers Limited STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok :ONTAINfRSHIP SERVICE 10 UK CONTINENT bM 12/2 17/2 11/2 21/2 27/2 •3/4 (S/3 12/3 14/3 H/3 21/3 26/3 21/3 •3/4 «S/4 U/4 13/4 CONTAINERSHIP SERVICE FROM UK CONTINENT C *l* STSESTX Mai395 words
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Advertisement570 1982-02-12 15 rr pfg Franco Belgian Services /MET «v'f" r '*•vtt l r t '/1. .Mr. A r<'f r v trr «wg roaww wu cowi smsmm r kqmc ie*ew» rtm trwi ntm. ISM UFA IMb 7Mrll Mb |(k 25." 21 F* 22 FA 12 Mm 13 Mb 17 Ma II MB 21570 words
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Page 16 Advertisements
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Advertisement571 1982-02-12 16 Hapag-Lloyd 10 CONIIHI N' I* EXPORTS Spore P KHang 1 Ston H buig Bha»en Rdam leHa»re Antwerp Saded In Port 1/3 3/3 5/3 6/3 8/3 Sailed In Port 17/2 18/2 Eipnu 26/2 21/2 Eiaress 3/3 5/3 13/3 14/3 19/3 21/3 1/3 3/3 5/3 6/3 8/3 9/3 11/3 13/3 14/3 16/3571 words
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Advertisement414 1982-02-12 16 MG./S.IjMNE KOREA SHIPPING CORPORATION STORE P. Kelang PENANG VEGA 169* 14-15 Feb 16-18 Feb 19-21 Feb VEGA 170E 14-15 Feb 16-18 Feb 19-21 Feb TO BUSAN AITAK 173W 16-18 Mar 19-21 Mar 22-24 Mar FROM BUSAN BANGKOK AITAK 174E 16-18 Mar 19-21 Mar 22-24 Mar TO BIBAN DSC use use414 words
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Advertisement732 1982-02-12 16 k EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE 1 ACCEPTING Fa ft LCI CARGO FOR: yptn MM HMMfi I emi itr" it/2 an i/j Em Wp> K/J 19/3 (Ml Lady (/I lt/3 27/3 Wm| It K»i 15/3 U/l 25/3 77/1 2/4 3/4 12/4 14/4 ALSO ACCEPTING LCL/FCL 1 FCL/FCL TO: GOTHENBURG.732 words
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Advertisement817 1982-02-12 16 Everett Lines! m Burma Fiva Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON "ARGENTINE NATIONAL LINE" LOAOMG FOR DURBAN MONTEVDEO BUENOS MRES f A S pare n*mt N"*r »<• mmi/iif* Hioum ii/ 11 r«k ivisr* »/»fat N-M l/i Mm BFSSC Agent* m Motoyvo BOUSTEAD SHPWNG TEL NOS KL *****4/*****7—PICELANG817 words
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Advertisement403 1982-02-12 16 mo.s.E. OCEAN SHIPPINS ENTERPRISES PTE LTD s3| SANKYO LINE JAPAN/STRAITS OCEAN RESOURCES IS 20/2 TWSHO MMtU 22 23/2 PAZ ESTRELLA 24-25/2 SUN UK 4-5/3 MYAQ MARU 54/3 OSA MENOR 11-12/3 OASB SAMT 1213/3 15-W/2 17-11/2 24-25/2 21-27/2 25-27/2 21-1/3 1-2/3 3-4/3 FUKUSHRAA I A6EKTS KUALA lUNPW POOTKELANE ocean smppok t403 words
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Page 17 Advertisements
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Advertisement854 1982-02-12 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH, JEDDAH AQABA (Reefer Cntrs Acceptable) vessel KOTA BAHABAT KOTA SAHABAT KOTA BAHABAT KOTA SAHABAT S'PORE COLOMBO I HODEIDAH I JEDDAH I AQABA COLOMBO 19W/20E 21W/22E 23W/24E 2SW/26E 19-23/2 90-31/3 4-5/5 9-9/6 29- 1/3 4-5/4 9-10/5 13-14/9 9-9/3 12-13/4 17-19/5 21-22/9 11-12/3 14-15/3854 words
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Advertisement788 1982-02-12 17 BEN LINE CONTAINERS EXPRESS com WO SERVICE TO/FROM EUROPE NN f«pr~ Hw*wj [iprni OuAa Bar taJsr*" ><mr u* rndM^pOfC NNt»w M SM SatrJ SJM M 12/2 14/? Maw Mm SjM SM SataJ SataJ li/2 Tdaa Eiprtu SjM SjM SjM SM 11/2 NHtariEjpmt SJM SjM SJM SJM 19/2 B-MB UM SJM788 words
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Advertisement457 1982-02-12 17 s i\ i ittton ?)«Wj J)r«n «>r*. s>i« ova. fmm, SM Mhrt 1M 1 2 2 2 u/2 fiSS 2 2 2 m m wt +2i/2 l*** 2 IV2 V 3 VI «MKM 14/2 15/2 IS/2 l?/2 22/2 IS/1 12/J r I I) ttHno Stoctirtn Oslo. NasmAi 2) Up«**n. Ajrtws457 words
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Advertisement598 1982-02-12 17 I I i'/j 7 ijl f T 'S I m I 1 If v i'l J!: 5: 1' 4 t 7 i BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS SERVICE TO UK/CONT SPORE R'DAM HULL HMBG CLYDEBANK* 15 Feb 14 Mar 17 Mar 22 Mar FORTH6ANK 23 Mar 18 Apr 21598 words
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Page 18 Advertisements
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Advertisement958 1982-02-12 18 K line KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA ETD Faoa *ssels* n sr motiokssels tk la se nt Mnt. UmM *9 24/2 25/2 Uto Site Bntf,. 15/J 25/J lan Sates Bndfe 13/3 23/3 Ttftoi Mara 19/3 15/4 6/3 7/3 Qutem War Sndft 21/3 1/4 *«i Mara958 words
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Advertisement354 1982-02-12 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE L«*( tar lOS ANKUS. SM FRANCISCO SUTTIE. TACONA. VMCOUVCJt BC Accaptn fCt/fa Mwn AUSTRALIA EXPRESS CONTAINER SERVICE Acc«|»(mc Fa/Fa Cantamn PMtai* Spore Hub Add S* Also accepts WW ?Ma> 3 Mi, 15 Mai 17 Mb> ?3M» htm tNMuromr lib 9m» ?i *>, km,,354 words
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Advertisement461 1982-02-12 18 ft JOHORE SHIPPING '53 JALAN TENGKU BADAR PORT KEIANG SELANGOR MALAYSIA t HAJ SHIPPING SDN. BERHAD Express Umttoad Service from P Kelang East Malaysia Brunei (Accepting cargo tor palletising in LPK Gdn No 3 (South fort) l—i BINTULU H CONTRACTORS v SDN. BERHAD 37. Pandugan Road, Kudwg. Sarawak. Tat; *****/*****461 words
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Advertisement677 1982-02-12 18 KORINS MARITIME SERVICES 5. Room 601, ICB Building St>enton Way Singapore Tel *****22 *****67 p Kelang Tel *****4/*****5 MIDDLf EAST/RED SEA/EUROPE SERVICES oiMTi U.W. P. Kelang Loadnj For: BUN6A VAIOA M Port m*. nh.K, JHYANG NO. 13....... 17 Feb Dub*ykan HAEWOO NO. 2 18 Feb wTi'ndnT/pt Benrtu* Shipping Co. Ltd.677 words
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Advertisement619 1982-02-12 18 4N INTRASEA (PTE) LTD Suite 2616 Internationa! Pi a.'a Af-sor Ko Singapore 0207 Tei *****1 1 i l ol -'m BREAKBULK SERVICE TO EUROPE/UK FULI CONTAINER WEST BOUND SERVICE WWUS rn in *1 SSM/LkMssd/irsdn/ i Hawhri/Uhwiw/'nknf A. FBEUTY m 123 30 Mar c p l i "l CmUmm to Bafcwt/Trtorf/latMfc/T»to«/619 words
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Page 19 Advertisements
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Advertisement577 1982-02-12 19 FAR EAST/EUROPE FULLY CONTAINERISED SERVICE »r-m* TO EUROPE/UK (VIA SUEZ): m CONTAIO 29W+ A CONCORD 3W C PAUL 30W C ROZE 2tW S S BftDGE 35W 0 CHEF 2HV Also accepting cargo to/from Scandinavia HK CONTAINER S'pore Closing Times. FROM EUROPE (VIA SUEZ) FCL Cargo 1100 14/2 LCL Cargo 2300577 words
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Advertisement493 1982-02-12 19 MALDIVE LINES ETA ETA ETA STORE KUANTAN TOUT KELAM MALDIVE COURAGE In Port Loading For Kuwait/Karachi MALDIVE CREST 18/2 Loading For Mate MALDIVE CARXEX 20/2 Loading For Madras MALDIVE NEIGHBOUR 28/2 Loading For Saiatah/Dubai/ Dammam MALDIVE MTORTEX 25/2 Loading For Male MALDIVE PRBE 25/2 Loading For Jeddah MALDIVE PIONEER 25/2493 words
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Advertisement670 1982-02-12 19 SINSOV SINGAPORE SOVET SHAPING CO PRIVATE LTD SMSOV BULOM6 55, Martet Street S«|apore 0104 Telephone Numbm *****3 (15 Lines) Cable Address SMSOV SMGAPOft Teiei Nunfters RS ***** RS ***** RS ***** t KEUNC M/S SHMMAT MM SOON SON. MS IST ANO 2ND FLOOR. NO 1. MLAN CEMPEMNG. Po*l KLANG MAiArSIA670 words
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Advertisement33 1982-02-12 19 SIM SWEE JOO SHIPPING SDN. BHD EXPRESS TO BMTULU fIE UK un (Ml tW) Mf IM »LKuniMi«<nii are iiniM. aphMiONMa Agents: JAMBATAN MERAH SDN. BHD. P. Kelug; *****6/7 K. L. *****7/*****1 Pen&ng *****833 words
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Page 20 Advertisements
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Advertisement645 1982-02-12 20 SSAc k 7 V > i-on SINGAPORE SHIPPING AGENCIES PTE. LTD tct*R S <MS9S RS 2SSbf) A 6 CARSHIP »CABL E CARW JNESI CABLE CARGOSHIP ICejlfonal Container Lines _2J>AII INGS A WEEK 10/trom BANGKOK IHANA BHUtf SKI BHUM HAIANABMUM THANA BHUH SRI BHUM *UIUMBHJM THANA MM SRIBMN "RAT AIM BHUH645 words
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Advertisement213 1982-02-12 20 SO Oft SAFEtX_4r SE^ top MARINE SAFETY PRODUCTS Engineered with safety and survival in mind n P Saaferer Inflatable lifereft; Fully approval by SOLAS 1974 ft tha British Oapartmant of Trade Industry. 6 parson D.0.T.1. Infletable Boat; Fully approved by tha British Dapartmant of Trade Industry and tha first British213 words
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Page 21 Advertisements
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Advertisement278 1982-02-12 21 EGYPTIAN INTERNATIONAL LINE itIL EGYPTIAN FLAG H KIPPIW PT| lID *td I'art# Cfnttf ft- S po*t 040^ i 10! 'If .B*ll H* t s .''rtJJl H'» M M Sdfi Bhrt •I U> 4*6og( 4860.' P 1 !»l (*(•«<»* Hi IS"]S C"nn| In ifcw.'M ?h APCLINE ANOKUTAN PEOTAMBANQATi CONTAINER USE FULL278 words
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Advertisement314 1982-02-12 21 CARGO SPACE AVAILABLE ON UNER VESSELS LOADING FOR: DAMMAM, COLOMBO. KARACHI, MADRAS, CHfTTAGONG, MANILA S ROTTERDAM INDOGULF FREIGHT SERVICES TEL *****00, *****01 TELEX RS ***** INDGUL NAVITRADE GROUP TEL: *****14/5 REGULAR SAILINGS TO CHITTAGONG/CHALNA S'pore Loading tor: BV. YELLOW EMPRESS Port PW> Pert) PENANG TEL: *****/5 BALTIC ENTERPRISES PTE LTD314 words
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Advertisement83 1982-02-12 21 UNIVERSAL LINES LINER SERVICE ETA CTD Far A VESSa 16/2 19/2 Ma+at. C ill nil, Karachi BALTIC ORIENT SHIPPING PTE LTD Uret 1308 titmutwrui Pl»:a Amor Road Sr»tjporf 0?07 Id *****71 ??0??33 FTA ETD lOMHK FOR RYUKO MOW 15 F* It Ftk D*a ***** lttw 21to D*a modern «ssa ins83 words
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Page 22 Advertisements
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Advertisement474 1982-02-12 22 NOTICE I FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE NOTICE TO SHIPPERS PORT CONGESTION SURCHARGES The member Lines of the above Conferences hove been monitoring the berthing situations at the undemoted ports and have reported and agreed on474 words
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Advertisement344 1982-02-12 22 HEAP SENS TRADING SHIPPING PTE. LTD. >201, 12tfc Hoot, Golden Mil* Towof, t«od, Smooport 0719. TB»: *****44 (3 Ua») TTbRS272O2 HEAPCO SW6APORE TO WEST MALAYSIA SERVICE i imu yu a m m OuiMkma umm WU 3/12 Part 12/2/ C POMMC SHGATORE TO PHUKET SERVICE West Malaysia Agent MddMafd EAC Ikamttm344 words
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Advertisement233 1982-02-12 22 PERK APAI AN LAUTAN BIRU SON. BHD. p O Boi 220 k.o«a Krwbjto b»b*h KtCULAf LNI WRVICt Sabah Sjfjn* Bangkok S*«apix r P<rt SEAL lON SHIPPING (S) PTE LTD. Tel: *****81 Tlx: ***** SEALION SHIPPING (M) SDN. BHD Tel: 38-7754, 38-7479. 38-9851 Tlx: MA***** SEJAMA SHIPPING A TRANSPORT SDN BHD.233 words
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Page 22 Miscellaneous
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Miscellaneous171 1982-02-12 22 w* ta TA 'J Regional Weather i Mil 9A A: r+ m m j" a u iS nS 38 k. N 5 S^> |gP Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: R Thunderstorm Temperature °C Shower Weather r-/171 words
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