The Business Times, 19 February 1982

Total Pages: 22
1 22 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 93/1/82 FRIDAY, FEBRUARY It, 1182 60 CENTS
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  • 407 1 Reuter UNION leaders at the Ford Motor Company have approved an historic agreement which could set a new pattern (or labour relations in the US. Under the agreement, the Ford workers would renounce wage rises, paid days off and cost-of-living increases until September
    Reuter  -  407 words
  • 205 1 SINGAPORE'S rate of inflation passed the 10 per cent mint fast month with the consumer price index rising by one per cent over December last year. This brought the annualised inflation rate, based on the change in the months from October 1981 to January
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  • 481 1  -  By AGNES WEE THE Government has approved the master plan for phase two of the development of the Nanyang Technological Institute, which calls for the construction of a new complex costing 1176 million. The construction of the new complex on the site occupied by the
    481 words
  • 169 1 INTRA CO is making greater efforts to penetrate the West Asian market. Apart from the Baghdad International Fair in October, it is participating in two specialised fairs to be held in Iraq this year. A three-man team has already left for Baghdad to
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  • 250 1  -  By BERNADETTE CHOOI FIVE local sub-contractors have been selected to supply and mechanical and electrical equipment at the basement of Raffles City. They won the contracts, totalling $36 milling in spite of stiff competition from foreign contractors. The contracts have been awarded to Brightside
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  • BRIEFLY...
    • 52 1 Reuter TAIPEI, Thurs. The Ministry of Economic Affairs will soon propose to exempt royalties earned by foreign companies offering technical services in Taiwan from income tax. The proposal, drawn up by the Industrial Development and Investment Centre of the ministry, will be submitted to the Cabinet for
      Reuter  -  52 words
    • 46 1 Reuter TOKYO, Thurs. The Tokyo stock market today agreed in principle to allow foreign companies on its trading floor. An exchange committee said it would change its regulations which currently ban foreign companies or Japanese companies owned by overseas interests from direct membership. Reuter
      Reuter  -  46 words
    • 67 1 Reuter TOKYO, Thurs. The Japanese national bond market firmed in fairly active trading on unconfirmed market rumours that President Reagan might cut defence spending to reduce large budget deficits, bond traders said. If the rumours are true, upward pressure on already high US interest rates would be
      Reuter  -  67 words
    • 71 1 AP BEIJING, Thurs. China's leader Deng Xiaoping ended a five-week absence from public view today, greeting Kampuchean Prince Norodom Sihanouk in the Great Hall of the People. Peking Radio and Sihanouk's office reported the 77-year-old Communist Party vice-chairman had a "cordial conversation" with the prince for half an
      AP  -  71 words
    • 73 1 Reuter BEIJING, Thurs. The Chinese foreign ministry today described as "completely groundless" a report that China and the British government had signed a friendship treaty over the future of Hongkong. Last Monday, a Hongkong newspaper, the independent financial daily Tsai Chin Yat Pao, said China and Britain
      Reuter  -  73 words
    • 74 1 UPI JAKARTA, Thurs. Malaysia, the world's leading tin producer, warned today the need to form a tin producers' association to support prices will become more urgent if consumers fail to sign the Sixth International Tin Agreement by April 31. Malaysian Deputy Prime Minister Musa Hi tarn said the
      UPI  -  74 words
    • 67 1 AFP JAKARTA, Thurs. The Indonesian government today called on British companies to support its new foreign trade policy obliging foreign suppliers to purchase Indonesian non-energy products. The call was made by Trade Minister Radius Prawiro to the Indonesia-British Association. "I would like to ask for the support of
      AFP  -  67 words
  • 224 1 EUROPEAN A*» Bank ta wwr* B af"2ip|m "feUa! tan* tram the focal eertfO«ml* af depart! (CD) siarkei. The latest tasae eemlag Jasl twe neaths after EaraAataa*a ytmr mi orfiuaa herrewlng Is alas a first far hath the haak aad lead ty Pviflr "»iV
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  • 269 1 THE owner of the new Sheraton-Singapore Hotel at Scotts Road is venturing into the North American property market. An official of the Goldvein group said negotiations are going on to buy two pieces of prime property, one in Los Angeles, California, and the other in
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  • 168 1 TWO TRAVEL agencies have been fined a total of 118,000 by the Orient Airlines Association for selling tickets at cut-price rates. Both agencies have paid up the fines which the association is likely to donate to the Singapore Council of Social Services next month. Siakson
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  • Page 1 Advertisements
    • 248 1 \S\\V.- SS TjSINCiWKtf. business mA\FOR M PEOPLE i VvT" VVHO Times Penodcob PuDlicaHon MATTER rcMDai OBEROI-Imperial Hotel's owner, Hind Hotels International, will tomorrow make a public offer of 20 million shares at $1.45 each Page it BANKS must upgrade their trade financing services if they want to retain as much
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    • 52 1 BALLY < >1 Nwil/crkuxi The Best of Bally Over 125 years of Swiss Craftsmanship, flair for fashion colour and design, have given Bally all that Worldwide- reputation. Shoes designed for people for whom only the best is good enough J Sole Agent for S E-Asia, Hong Kong Taiwan S.G.Parrett Son
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    • 100 1 MINOLTA EPS2O STAR ASIA presents the IN-thing Hitachi Facsimile Machine. m Saw with Nffiax J An A 4 size telex of 2,000 characters takes 5 mins. to transmit. HFAX takes only 20 sees 40 sees. Hifax sends dear, crisp pictures and messaoes to any part o 1 the world. That
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  • BANKING AND FINANCE
    • 471 2  -  By LEE YOKE MENG BANKS must upgrade their trade financing services if they are to continue retaining as much of the business as possible, said Mr DB Northrop, senior advances manager of The Chartered Bank. Speaking at a corporate finance seminar here on Wednesday, Mr
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    • 142 2 Reuter AUSTRALIAN trading bank deposits rose As 34 million in January to $28.18 billion, after increasing $507 million to $28.15 billion in December and compared with the year-ago rise of $166 million to $25.29 billion. The amount of lending rose $89 million to $21.24 billion,
      Reuter  -  142 words
    • 391 2 Reuter THE New Zealand government has signed a contract to float a 20 billion yen samurai bond on the Japanese capital market through an underwriting syndicate of 45 firms, lead manager Yamaichi Securities Company said. The 10 year bond priced at 99.75 per cent will carry an
      Reuter  -  391 words
    • 169 2 Reuter VIETNAM, Laos and Kampuchea have signed a banking cooperation agreement in Phnom Penh. The agreement was concluded after a meeting of heads of central banks of the three countries early this week, said a report by the Kampuchean news agency SPK monitored in Bangkok on
      Reuter  -  169 words
    • 101 2 Reuter THE Philippine National Bank (PNB) recorded a net profit of 230.1 million pesos in 1981, a 9.1 per cent increase over the 1980 figure of 211 million pesos. Total assets reached 44.9 billion pesos at the end of 1981, up 16.1 per
      Reuter  -  101 words
    • 484 2 AP THE HEAD of the World Bank, Mr AW Clausen, has called the shortfall in the US contribution "a heavy blow" to its international lending in aid of poor countries. He said it had triggered similar cuts from other donor nations
      AP  -  484 words
    • 429 2 Reuter THE Canadian government will refinance a 400 million Deutschemark loan in the next two months following the successful private placement of 400 million Swiss francs. The mark credit, which was led by Deutsche Bank AG, is due on April 30 and discussions
      Reuter  -  429 words
    • 400 2 Reuter JAPANESE banks are planning to launch a campaign from April to seek depositors' commitments to apply through them for the "green card", tax-free small saver identification system to be introduced from January 1984. The Japanese Federation of Bankers Association said the cards
      Reuter  -  400 words
    • 165 2 Reuter THE Japanese Finance Ministry has told Japanese banks to be cautious if they deckle to raise dividend payment rates under the ministry's relaxed payout guidelines issued last June. The ministry specifically warned hanks against selling any portfolio holdings of securities to raise funds
      Reuter  -  165 words
    • MONEY AND EXCHANGES
      • 451 2 THE US dollar closed weaker against major currencies yesterday. Dealers attributed this to foreign hank* selling US dollars in view of President Reagan's reduction of the defence budget. Against the local currency, the US unit opened at 2.1280/90 and traded down to close at 2.1190/00. lihrtiS hrwaid mw
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      • 235 2 THE dollar (or overnight delivery in Tokyo yesterday closed weaker at 237.90 yen after a 239.75 opening. This was sharply lower tK*n the 239.45/60 close in both New York and on the US West Coast overnight and the 238.95 close in Tokyo on Wednesday. Trading was a record $2.01
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      • 22 2 THE average rate at which major Singapore banks are currently prepared to lend to their beat customers is 10.15 per cent
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      • 185 2 ASIAN ASIAN currency deposit Interbank rates as at close on Feb 18: US Ml*ra<8pot> Othr BJ 7 days 16 7/18 16 5/1# 1 month 167/16 16 5/16 2 months 16V> 16H 3 months 16V> 16H 6 months 16H 16H 9 months 16 9/16 16 3/16 12 months 16* 16H Dm
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      • 42 2 ft 1 1 cd by dlscount bouaea on Feb 19: Ovwnlfht JH% Call deposits SW« Cloaimf 3-month S*Qia« Treasury bill* 2H M 3-month Bank bills 7 •H 3 month! CD 7 6\ 6 months CD 7% 7H Source: National Discount Co
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      • 235 2 SINGAPORE gold futures yesterday closed weaker compared with overnight levels after fluctuating within a narrow range in quiet trading, dealers said. Total sales for the day weas recorded at 52 lots while kerb volume at 17 lots, they said. Prompt closed lower at U*****.50/377.50 an ounce against 377.00/378.50 on
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      • 31 2 New York UB 8MB ICS 8-51S Zurich 8«0B 8.57B UIS 8.C7S angapore 8.31B VH S.40B 8.«S 8.5BS CVdBtat prV In US dollar* troj ouno t. Source: Credit Suisse, S'pore.
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      • 160 2 THE US dollar in Hongkong yesterday extended losses in late trading, having fallen in early afterooo dealing on rumours President Reagan may announce a cut on defence spending to trim the proposed US budget deficit, dealers said. Such talk spread in Hongkong from the Tokyo market, and helped to
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      • 123 2 THE dollar in London yesterday was little changed in quiet and nervous trading after its sharp falls in the Par East, dealers said. Although Eurodollar deposits rates fell in response to Wednesday's US industrial output and housing start figures, dealers said there is no clear dollar trend and operators
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  • Page 2 Advertisements
    • 308 2 Consulton invites you to participate in the 2nd international Congress on electronic banking systems lechnology and the Future Bank June 1-3,1982 Hyatt Regency Hotel, Singapore Held concurrently with BANQUE ASIA '82 Congress Agenda Tuesday, June 1 Wednesday, June 2 Thursday, June 3 Theme: FINANCIAL SERVICES DELIVERY SYSTEMS Electronic Banking and
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  • TRADE AND INDUSTRY
    • 343 3 SWEDISH-made industrial robots, ranging from simple pick-and-place robots to microcomputer-control-led robots, will be available in Singapore soon. Asea Singapore Pte Ltd, a wholly-owned subsidiary of Asea AB of Sweden, will market the IRb-6 model with 6 kg handling capacity, the mfc€o with 60kg handling
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    • 375 3 THE Singapore Manufacturers Association will expand the Singapore International Fair and gradually build it up to the stature of some of the established trade fairs in the world. Initially, the association is planning a sizable display of each category of product or
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    • 192 3 OUVEB R J Parr, vicepresident of Morgan Guaranty International Financial Corporation of New York, has been appointed head of corporate finance at Morgan's wholly-owned merchant hank, Morgan Guaranty Pacific Ltd. Mr Parr, who has been with the Morgan Bank since 1973, has had wide experience in merchant
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    • 586 3 SEMINARS AND COURSES Feb 19, 20: Applications erf Industrial Robot, Ming Court Hotel, NPB Feb 20: Time Management, SIM Conference Room, SIM Feb 22-24: Effective Teaching and Presentation Skills, Hyatt Hotel, Price Waterbouse Associates Feb 22-24: Sales Management, SIM Conference Room, SIM Feb 22-24: First Asian Personnel Managers
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    • 359 3  -  By RICHARD SEAH THERE IS tremendous scope for financing energy projects in South-east Asia, and the parties involved in large-scale financing should draw on the experiences gained in the North Sea. This is because regional governments are similar to European governments in their
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    • 175 3 A TEAM of swine experts from Canada will visit Singapore at the end of this month. The eight-man team, specialists in the technology of swine production, will also visit Malaysia, the Philippines and Thailand. They will spend the first day in each country viewing farms and devote the
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    • 301 3  -  By LOH HUI YIN SINGAPORE property developers are planning a two-week fact finding mission to Australia next month to assess opportunities for real estate investment there. Organised by the Real Estate Developers' Association of Singapore (Redas), the group of 15 will visit Melbourne, Sydney
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  • Page 3 Advertisements
    • 178 3 MINOLTA There's one very simple reason why the Minolta EP3IO is the world's best selling plain paper copier. Because it makes the very best quality copies you've ever seen from a table-top PPC. What makes these copies better is a little more technical. It's called the Minolta Micro-Toning System, a
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    • 20 3 RENT-A-CAR AvailaDie Daily, Weekly Monthly FREE MILEAGE Available at: G-3. LMure Drome Kateng Te1:*****04/*****51 247, Capitol Shopping Centre Tel: *****22
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  • OVERSEAS
    • 122 4 Reuter ABOUT 300 Vietnamese-Jed troops have crossed into Thailand from Kampuchea and fighting has been reported between them and Thai forces. A Thai military spokesman said the Vietnamese entered Thai territory apparently in pursuit of Khmer Rouge guerrillas and surrounded a Thai border police patrol post
      Reuter  -  122 words
    • 559 4 NYT CHANCELLOR Chancellor Helmut Schmidt has said that West European society is in danger of political and social destabilisation because of the continuing world economic crisis. The United States has not fully understood this, he added, and criticised the projected American budget deficits as likely
      NYT  -  559 words
    • 675 4 ARRIVALS Service Local Operator Nu iber Time Prom AI AI404 0100 l BOM PAA PA006 0220 NYC/SFO/ AHA/HKG MAS MHfiOl 0700 KUL SIA SQ43 0740 DHA TMA TL341 0830 BEY/DXB SIA SQ101 0M5 KUL MAS MH811 086 PEN MAS MH671 0915 KUL RBA BI427 0965 BWN MAS
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    • 452 4 UPI THE REAGAN Administra* tion is considering further I moves to Mock some Soviet exports and limit Soviet credit in the West as the next step in economic sanctions in the Polish crisis. One American official listed two measures under consideration. Limiting credit on any
      UPI  -  452 words
    • 441 4 AP US CHAMBER of Commerce Board chairman Donald Kendall, declaring that Japan has been making fools of the US for years, said on Wednesday the US can no longer tolerate Japanese restrictions on American exports. At a news conference, Kendall called for
      AP  -  441 words
    • 143 4 AFP THE Japanese government, which is committed to fund the Philippines' copper fabrication project under the Asean industrial complementation scheme, is having second thoughts about the project's viability. Business Day said the Japanese reservations were apparently based on the sources of copper feedstock supply Quoting Commercial
      AFP  -  143 words
    • 240 4 NYT ACCOUNTANTS and law. yers tsr the J Walter gntp have estimated that "flettttons aeeeant entries lata a cempater" sf the JWT Syndication anM ever the past fsar yean tod the pebUcty heM cerparattan to take credit far USfIS atilllsu In revenaes that never
      NYT  -  240 words
    • 573 4 Reuter BRITAIN'S Chancellor of the Exchequer Geoffrey Howe has rejected calls for substantial increases in deficit spending in his March 9 budget, Trade Secretary John Biff en said Biff en said Howe was proceeding with caution and government plans already announced to increase public spending were
      Reuter  -  573 words
    • 290 4 Reuter JAPAN and South Korea yesterday opened workinglevel talks in Tokyo on Seoul's request for massive Japanese loans to help finance a five-year economic development programme starting this year. The meeting is a follow-up to similar talks In Seoul last month on the US$6 billion loan package
      Reuter  -  290 words
    • 534 5 Reuter THE HONGKONG government is poised to crack down harshly on commodity trade malpractices which have become rampant again since a clampdown in 1980 It is believed that gold, red beans, soybeans and sugar are commodities at the centre of an
      Reuter  -  534 words
    • 602 5 JAPAN'S imports of wood are set for a further decline in the first half of this year, compared with the same period of last year. This is on top of the 28 per cent fall in volume terms in calendar 1961 in relation to
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    • 227 5 UPI OIL production figures within the Organisation of Petroleum Exporting Countries (Opec) have reached the lowest level in the past 10 years. Peter Mieling, directorgeneral of Shell Austria, said that Opec oil production has dropped by 28 per cent between 1977 and 1961. The drop
      UPI  -  227 words
    • WORLD IN BRIEF
      • 532 5 Agencies WEST German economics ministry and industry officials have criticised French import restrictions against Japanese goods as a means of solving trade imbalances with Japan. Japanese trade ministry officials said earlier that France had tightened import regulations on Japanese motorcycles and import quotas for televisions. HAITIAN PraMeat
        Agencies  -  532 words
    • 389 5 UPI A FIVE-week-old computer company has unveiled a product It says will boost sales of IBM personal computers by 30 to 50 per cent by making them compatible with thousands of existing software programmes. Xedez Corp said its combination circuit board and software
      UPI  -  389 words
    • 323 5 Reuter TWO key economic indicators failed to appear in a report on the Soviet economy in January, leading Western analysts to speculate that overall industrial output may have declined. A monthly report on industrial production in the weekly Ekoaomicheskaya Gazeta omitted all comparisons with
      Reuter  -  323 words
    • 245 5 NOBEL-Prlie wlaalag hu pn«eM that la leas ItH a year, the I® ecu my will be aa the nM to wtth tsfiattia talitag to araal < per ©est. la a BBC totovMsa laterview ta Taesday night, the University sf Chicago prrfMiir defeaded
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    • 708 5 Reuter MAJOR US banks lifted their prime lending rates to 17 per cent on Wednesday, giving another twist to the interest rate spiral and confinning the fears of financial markets in recent days. The rise from the 16.5 per cent level, which had
      Reuter  -  708 words
    • 354 5 UPI THE US Budget Committee began its hearings on President Reagan's 1983 budget on Wednesday with a stinging attack by Democrats on the credibility of its figures and David Stockman, who devised them. Stockman, director of the White House Office of Management and Budget, challenged Congress
      UPI  -  354 words
  • Page 4 Advertisements
    • 61 4 INDOSUEZ ASIA LIMITED the first French merchant banking company in Asia 2601 Alexandra House, Hong Kong telephone 5-*****6, telex ***** ISA HX is pleased to announce the establishment of its CORPORATE FINANCE DEPARTMENT NGUYEN TAN THUONC Director JANINE MORRIS Manager Indosuez Bank offices in BANGKOK. BOMBAY, COLOMBO. DACCA. JAKARTA. HONC
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    • 2 4 Leader...Page f
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    • 324 4 Naw available mm Uprfateta... The key to under standing ASEAN The ASEAN Report Update PabllihMl by The Aslh Wail Street Jaa The ASEAN Report gave businessmen for the first time a key which opens the door to doing business with the countries within the Association of Southeast Asian Nations (ASEAN)
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  • Page 5 Advertisements
    • 83 5 BANK OF COMMUNICATIONS ROCS DEVELOPMENT BANK (TAIPEI, TAIWAN, REPUBLIC OF CHINA) U.S. $20,600,000 FLOATING RATE CERTIFICATES OF DEPOSIT DUE FEBRUARY 1984 In accordance with the provisions of the Certificates, notice is hereby given that for the six months interest period from 22nd February 1982 to 23rd August 1982, the Certificates
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    • 98 5 (JWT)3CBF Logan is for too good fix* the average whisky T| 1W Single Highland Malts J 1/jPiH matured in oak for more MB MM 1 than twelve years, tempered by lighter grains from the Lowlands, in all more than thirty whiskies from Scotland have been carefully selected. The Logan blend
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  • 441 6 IN THE BEGINNING, there was no economics. Instead, there was political economy. Adam Smith, David Ricardo and all their contemporaries were then rightly called political economists. Then someone remembered Adam Smith's story about making pins, and about the immense benefits of specialisation. So
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  • 1187 6 Even with the low economic growth projected at present, the world will need a lot of oil by, say, the year 2000. One way this can be obtained is through a higher recovery of the oil in place. On average, only about 25 per cent of that
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  • Page 6 Advertisements
  • Page 6 Miscellaneous
    • 637 6 TWO-11-OIE CKOBBVOBD CRYPTIC PUZZLE ACROSS 1 Scrub and see possibly clean (6) 7 Energetic fellows who crash a car and wreck boats (8) 8 Just the place for noisy old bleaters (4) 10 Caucasian potatoes? (6) 11 Caress with an oar? 14 The washerwoman? Not her! (3)' 16 Taken down
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  • 760 7  -  By HARVEY MORRIS Reuter FOUR WESTERN industrial powers are currently holding little publicised negotiations on what their critics allege is a scheme to carve up the mineral wealth of the oceans at the expense of the Third World. News of the contacts among representatives of
    Reuter  -  760 words
  • Page 7 Advertisements
    • 280 7 •> own a f Mercedes-Benz When you ve got everything, there's no reason to doubt that you don't also have the best. You own a Mercedes-Benz. Mercedes-Benz. Impressive. Highly respected. Luxuriously appointed. There's no comparison. Engineered like no other car in the world, the new Mercedes-Benz'S' Class features sleek, streamlined
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  • Page 7 Miscellaneous
    • 42 7 BliStc^.-PiaijJdiickens MOW LONGER IS 7V4iS L\Px GOinG TO 6e r N/ aSv&& mIs \f S e>£04 f\ QUWZTQ? Of P*N HOUR SO Ff\fc.. \9 Vt TP*K£S POOCM LOdG€R GOWG Hpme .J ft so l wA WORTVH &O>NG PiH.Hfete iTCOmtS First pl£PiS£. mrY
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    • 762 7 SINGAPORE 5 THE IMPOSITION sf martial law aad the sapprcsslas sf dvtl liberties la Ptiaai JMJ ala J a >l Oritgii wfriflwiflf r#oormaattoa. This tosh the farm sf eccaamlc saaetlsas agalast Ptlaii aad the Last msath, the Uaited State* task the lane a step farther by tetevtstag a programme hlghlightiag
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 164 8 Ahold Ahaa AMEV 64.00 +0 auo >1 e.ao i •9 4 Ji 1 Ll is 1 .4 eh ch J M Amfaa Amrobnk -0.1 4710 >0 2X00 ~l SO-20 +1 90-50 -1-0 38.00 -V 38.00 +1 215 JO >1 78.00 una 107.00 urn 31 JO +0 4000 -i-O 71
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      • 243 8 rKB 17 Fr* CORBEILLE Atr-Uqutde B S N Otrrali Dinow C 8 F (Thomao tick* Prancalae daa Patrotea Compazine Flnaoctcrc 901 1406 256.10 u -7 -0.7 uuo 0J CompagnJ* Onmit Cradlt Fonder Da France 33U0 -44 H ache We (Ubralrta) 407 -7 Machine* Bull Mlchelln (B) 31.25 Tn 0.25
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      • 97 8 FEB 17 Fr» FORWARD MARKET Acec 3H 4-3 Arbed 1252 >20 Astur 490 10 Bructn 870 o Bni-Umb 1900 -05 Ctnptc mrk 1296 104 -12 10 De Beers m 3 Ebee 1970 -00 Electrobel 4205 75 Q&-In no-Bm 0425 35 Oer 1736 -20 Hobo* 2000 10 P»tm 4500 90
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      • 212 8 rEB 17 Dm Aef-Telefunken 42.40 -0J Akao 14.«0 Alt! Leben AUt Vera 1617 00 ***** -3 -10 BAST B«;HT wtank Bay Vbank Bt^r 131.90 104 00B moo 114.(0 _a i BBC BMW Cum llm Chcm Verw CommerxtMuit Conti Oummi 22X50B 200JO 2*00 200 JO 134 JO 47 40 *12
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      • 188 8 FEB 17 Francs Action* Suisse* Aiusuisse Br Aiusuisse Reg Brown Bonn Br Clba Oelc7 Br Clba Oclfjr PC Ota Oelfj Rm Credit Suisse Br Crsdll Suisse Ret EVektrowatt Br Oaotgc rise her Br Olobui Pe a MO 2D MO iao MO ua 1100 a aao MO MOB unch unch
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      • 99 8 FEB 17 Urt BulOfl 238 _4 Bet ***** *500 Central* Ord MM 120 Goad Arqua Roma 21U5 4JS Ertdanla ***** imoiM 4 300 rut orn 4ms Ocnerall *****0 1700 mm 30 in pm 3190 n In«at aoi 30 Ilaictmcnu Ord mm 280 IUi«u 1040J0 4 30.5 Lrpelll Ord mm
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    • 171 8 1TB 17 t AblUM It* uncfa Alfomm 23H H n Bank Mont Bank Norm ScoUm Bell Tel DH \v* Belt) Corp BP Can Ltd Pr»m n Camp Red Lake Can Imp Bk Canpae Canpac In* Pt carltag OlCeefe Corn loco Con< BaUi Conk Marbenor Dankoe Denlkon Dom Stores .1
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    • 241 8 FEB n Rand INDUSTRIALS A Alpha m uncb Abereoo AE And a 430 no •4 MQCll A»nr sua unch Rarlowi Currtt Finance Dt Baen Ind Ed con IflOB -6 17* MB no 1480 •4 oneh Ufirs IWMfc r«d Voik ructt as 5 Qvdlu Otenanl OnUmn Hippo Htvctd urn ZZ
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  • Page 8 Advertisements
    • 202 8 here Co wine, dine and enCerCai 11 0 tfWHt c ßu^ku>un^m The true Singapore flavour—only $8* Our popular Nonya Buffer Luncheon at a special price. Itf%l 12 noon to 2.30 pm. mnn COFFEE HOUSE 2nd Floor yi price on lon Bar prices. 3 pm—7 pm LIVE MUSIC from our resident
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    • 92 8 (t fa(JU4» JAPANESE RESTAURANT For sushi. For teppanyciki. For other authentically Japanese delights. l or rt'st'rraiu »is cull /'A c >h/ I< ;< i i k /rA J C nilur\ lirU i<t:ill »ii ml?:«i >« >r«■ 4 NUTMEGS offers JAZZ BRUNCH on Sundays 11 dm. 3 p.m. $21++ per person
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    • 136 8 FT- fix i; (o\ti\i:mS RISI\ I K Nt Before vou flv away to foreign lands, check-in your hags then seek out the Five Continents Restaurant. Relax in intimate surroundings and wine and dine on the most superb international cuisine you've ever tasted. Lunch 12 noon pm Dinner 7pm 11 pm
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    • 176 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.
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    • 142 8 For businessmen and professionals, a place to call your own. Located at the basement of the Cockpit Hotel is the Citation. Exclusive. Plush. Luxuriously spacious. A club with live and pleasant entertainment, gracious hostesses and all the privacy you want. Ideal for drinks and evenings with clients and colleagues. And
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  • RAW MATERIALS
    • 812 9 COFFEE: Robusta futures on Wednesday were generally easier at the close with prices between unchanged and £12 a tonne down on Tuesday's close in actively traded positions. Total volume was 4901 lots with 192 options and 722 crossed trades. SUGAR: Raw sugar futures closed generally easier with prices
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    • 128 9 THE Kuala Lumpur crude palm oil market on Wednesday continued steady in fairly active trading, dealers said. February saw south rose Msls to $982.50 a mine and central $3.50 higher to $977.50. South in Arch firmed $2.50 to $977.50. 2The refined market was quiet with pakistao fefring 5,000
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    • 995 9 STOCKS IN New York on Wednesday closed lower, succnmbing to the combined presmres of higher interest rates, »J*op to US housing starts and lower US industrial output. -*Tfae Dow Jones industrial average moved in a narrow riqge all day before finishing down about 3V< points at its
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    • 175 9 CHINESE Pn4m Eicfeugt, per 1M kg yesterday. Cwnit efl: Bulk fob $100.00 sellers, ok) drum (in second hand drum) fob 1112.00 sellers, new drum fob 1116.00 sellers. Cepra: Mixed (loose) *50 00 buyers. Pepper: Muntok white pepper fob AsU NLW $372.50 sellers, Sarawak white pepper faq fob NLW
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    • 143 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) Ctttaa yara: China Blue Phoenix 20s 2,4»; 32s 3,1», 4Ck 3,205 (per bale of 4» lbs). PakMaa raw eattaa: LSS 5 93, 4F 5»; 289F 5.96; NT roller ginned 5.95 (per lb). CLOTH
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    • 316 9 SINGAPORE: Yesterday's closing prices In S$ per Idlo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.30, 100 per cent second class 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, Special
      316 words
    • 216 9 SOYBEAN futures In Chicago on Wednesday closed down as much as 2V« US cents a bushel In old crop contracts to up fractionally in new crop. Despite trade belief that March deliveries in grains will be larger than soybeans, nervous long liquidation in response to active unwinding of previous
      216 words
    • 147 9 WHEAT futures in Chicago on Wednesday held gains late and closed up 1V« to 3V4 US cents a bushel In slow turnover. Prices received support all day from the recent improvement in export activity, accentuated by Tuesday's larger than expected weekly export inspections. Aggressive pricing by a leading exporter,
      147 words
    • 69 9 THE STRAITS tin price ii Penang yesterday fell II cents to M 533.41 a kilo, remalning within the ITA middle sector of $32.11 aad $34.98. Sizeable supplies and the easier London close contri bated to the farther softness. The Influential buyer mantained sapport at this level, and some
      69 words
    • 34 9 Rubber; Feb 18 Singapore: March: 174.50 cents (down 2.75 cents) Malaysia: March: 201.50 cents (down 2.00 cents) Tin: M 533.40 per kilo (down 10 cents) Official offering: 250 tonnes (down 4 tonnes)
      34 words
    • 86 9 THE Malaysian Minister of Finance has fixed these rates for the period from Feb 11 until further notice: Stbker: 205% cents a kilo for RSS One; Cepra: MJ500.00 a tonne; Palm kernel: $955.75 a tonne; WMte pepper: $3,202.22 a tonne; Mack pepper: $2,173.11 a tonne; The rates
      86 words
    • 227 9 RUBBER prices in Singapore yesterday closed slightly lower with March One RSS buyers wuoted at 174.50 cents per kilo, down 2.75 cents from Wednesday's close, dealers said. Morning prices were marked down slightly on lower London advices, forward offerings and stale bull selling, they said. The afternoon session lost
      227 words
    • 352 9 R AS prices In cento per kilo yesterday Noon Close (per Ulo) (per kilo) Buyer tot 1 R S.S prompt fob 171.M tot 1 RSS March 175 00 s Sellers 173.00N moo Buyers 171* 174* Sellers m*N mn 171* tot. 1 K 5 S April ***** 171.01 177.SO tot.
      352 words
    • 123 9 NOON SSR ud SMR pii» yml lardajr RAB SSR 30 SSR to (l-laa p&JWti (1 loo pate) Marrk (Carnal Mtkl Bayer* Saltan 163 OUN 166 OON 161 00 163 OON April (forward MUI Baron Ballon 1*6 00 167 OON 163 00 166 00N MUU SMR CV SMR
      123 words
    • 457 9 CRUDE palm oil production in Peninsular Malaysia increased slightly by 0.5 per cent in November to 252,085 tonnes. The output In October was 256,798 tonnes. The increase over the year-ago figure was 30 per cent while the cumulative 1981 production till November amounted to
      457 words
    • 171 9 Reuter COFFEE prices are rising on world commodity markets but an international pact aimed at smoothing out supplies should help to diminish the effects on the pockets of coffee drinkers. The International Coffee Agreement (ICA), which sets export quotas with the aim of stabilising the incomes
      Reuter  -  171 words
  • Page 9 Advertisements
    • 129 9 CHANGE OF REGISTRARS Tractors Malaysia Holdings Berhad announces that, with effect from 1 st March 1982. its Registrars and share registration office will be changed from Barbinder Co. Sdn 3rd Floor Wisma Cocfin. Jalan Semantan. Damansara Heights Kuala Lumpur to Mr. Wong Tet Onn Sime Darby Berhad Share Registration Department
      129 words
    • 97 9 I A A m VENUE: SEA VIEW HOTEL, Ist Floor (next to Yaohan Katong) DATE/TIME: 19 2 82 20 2 82 3m —8.00 pm) 21 2 82 to Public Over 2000 books on display and sale Special Lucky Draw for School Orders Special Lucky Draw for Cash Customers 20.2.82 Saturday
      97 words

  • 1583 10 BID and otter prices officially listed and business in and reparted to the Stock Exchange at Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. BECTION ONI INDUSTRIAL ft COMMERCIAL Acuta (1668
    1,583 words
  • 168 10 ■NGAPOU UNIT TBU IjMTpfilHI The Commerce 111 The Savtnfm Fund 1J0 S pore Pnf Fund 1.77 S pore Sac Fund 1.17 S'pore Invest Fund I B S pare Eqirtty Fund I S Mitimnwr (lfcimn' prteaa Mr FtO Mallaeart Fad ITS Mai Prof Fund 1.40 Ma] Security rund 1
    168 words
  • 2865 10 1M1/1MS High Low Coapujr Last Sal* +orGr*s DW D1t Crr Gt>m TTd Net P/K Vol (•OOO) Day Higk Low SKCTION ONK INDUSTRIAL COMMERCIAL 494 118 m su 430 100 4?0 an* 975 490 MS 11* 130 UO 9M 78 380 230 322 Ml Aetna Alcom Allied Choc
    2,865 words
  • 1871 10 BID and offer prices officially listed and business in and reparted 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. DKDUmUAIA umhii (tea ins) Alm (I» IJK) (2) I I (S) 1
    1,871 words
  • 645 10 THE fragile atato at tte Wagsporn stock market waa well desaeastiaUid by tte yeoterday. After Wedaeaday's llpetat gala aa tte Straits Tlaaes ladastrtal lades, seme aervsaa lavesters toek tte appertsstfj to sell yeatorday aad clear ttetr pestSkare prices epeaed eeft aereaa tte teaud aad were
    645 words
  • 509 10 THE Kuala Lumpur stock market closed slightly lower yesterday as a softer tone developed in afternoon trading. Volumes remained light. The lower close followed an erratic morning session as operators digested conflicting signals from overseas bourses. Wall Street closed lower on Wednesday but the Hongkong
    509 words

  • COMPANY NEWS
    • 337 11 STEADY prices and higher palm oil production have enabled Kemayan Oil Palm Bhd's pre-tax profits to improve by about 38 per cent to $1,716 million (or the six months to Nov 30, 1981. Turnover rose 38 per cent to $7.2 million against $5,208 million obtained in the
      337 words
    • 566 11 FT WHEN Exco, the holding company for money brokers Astley and Pearce and Godsell, came to the market in November, it promised shareholders a programme of expansion in related financial services. It is apparently now wasting no time fulfilling that promise. At about the time
      FT  -  566 words
    • 208 11 THE KLSE has queried Raasaress Carpa Wttsa oo its proposed acquisitions of Bilar Enterprises and Seng Kong Development Sdn Bhd MRC is to give the expected date of completion of the six-storey building constructed by Bitar. KLSE also wants to know the expected date of com mencement of
      208 words
    • 406 11 Reuter GASCO Investment Ltd predicts that the second half of the current flmnriii year will be a period of consolidation during which Saint Piran Ltd and its many subsidiaries will be further examined to exploit their undoubted potential. For the half-year period ended
      Reuter  -  406 words
  • ASIAN STOCKS
    • 284 11 HONGKONG STOCKS IN Hongkong yesterday closed higher on pared gains, with sporadic late selling appearing after prices had finned throughout the the day, dealers said. They said many had been expecting the 1 US prime rate to rise further than the new '17 per cent mark, while
      284 words
    • 242 11 mining stocks in Sydney yesterday scored gains amid signs of a revival of buying support after recent losses. The AllOrdinaries index registered its first gain in almost two weeks, to close 3.6 points up at 509.5. The resources measure rose 5.7 points to 394.4 and the
      242 words
    • 407 11 SHARE prices in Tokyo yesterday closed higher after a day of erratic trading, but with interest and trading slow because of worries about US prime rate increases and the volatile yen-dollar rate, dealers said. The market was also affected by rumours in the foreign exchange market
      407 words
    • 43 11 ra ia Babu Ajte Fttn affSKUr-- Ui 19| nn^h ■wll Jvetar Chanaac Tbai 1 wtr« u mm MMkl PkttOO» Corp Intsrnauoeal Tm- 8t And ru RUM TOW U +1J Saha Union -SO unci) 14* uncb 14* Unltad Flow Mill United Thraod i
      43 words
    • 75 11 **8 is Paaoa Aeo)a Mtainc Alias Con. A Atlas Oon. 17 JO +SJ Baculo Ootd jHU unch Banfust Con. B «2 -J BT Goodrich tM unch CDCP IM unch laaWl Lapanto IS* »UM r" Ortantal B JBB unch Phil Oranaa* M -«Lam PhUaz A Phlla* B If unch Ptoaaar
      75 words
    • 50 11 FINANCIAL TIME8 INDUSTRIALS Wednesday 583.8 Tuesday 567.2 Week Ago 573.7 DOW JONES AVERAGE INDUSTRIALS Wednesday 827.63 Tuesday 831.34 Wee* Ago 838.88 H.K.HANG SENG Thursday 1257.94 Wednesday 1233.48 Week Ago 1258.57 AUSTRALIAN INDU8TRIAL8 Thursday 860.8 Wednesday 640.6 Week Ago 674.7 ALL ORDINARIES Thursday 508.5 Wednesday 506.8 Week Ago 530.4
      50 words
  • Page 11 Advertisements
    • 65 11 THE BANK OF TOKYO, LTD. SINGAPORE BRANCH U5530,000,000 Negotiable Rooting Rate U.S. Dollar Certificates of Deposit Series XII Due February *****4 In accordance with the provisions of the Certificates, notice is hereby given that for the interest Period from February 19, 1982 to August 19, 1982 the Certificates will carry
      65 words
    • 535 11 THE CONFERENCE In 1979, the Times Organisation organised Singapore's first-ever conference on 'Trade With China'. In that year, China opened the doors of its enormous market to foreign trade and investment. Since then, the 'Four Modernizations' policy of the Chinese Government has undergone tremendous changes. The initial euphoria has ebbed.
      535 words

  • Chief Price Changes
    • 149 12 Rises Indices C Sugars 1310 70 Feb 17 Uh Hoa m 83 Feb 18 Guthria 8th MlU lad 8 P P 440 161 280 30 BT Indicator: *****0 *****5 27 25 14 Industrials: 742.42 740.00 Apollo aoo Finance: 1696.11 1893.20 N 8 T 870 10 Hotels: 1110.61 1109.52 B«riuat»l
      149 words
    • Article, Illustration
      159 12 TRADING wm mixed en the Stock Exchange W STMSSMT 4 ta r•* lie Straits Times Industrial Index lest 2.42 Pflnts ts elsse at 74i.11, while the Bnslness Times Indleater si the day's 1« msst active stsehs Ml tjm (Mints ts 177,785. Rises Indices S pore Land 930 +97
      159 words
  • 234 12 HOLIDAY Inn Kuching, a 73 joint venture between the Inchcape group and the Sarawak Economic Development Corporation, has embarked on a MJ52.7 milK) lion project to extend the 10 hotel. 0 Its general manager Mr Peter Mueller said the extension would add 160
    234 words
  • 123 12 Singapore Land Limited has Issued a reminder that with regard to its issue of $100 million of loan stock with transferable subscription rights (TSE), only shareholders who are on the register of the company at the close of business on Feb 24 will be entitled to
    123 words
  • 47 12 LOYTAPE MM fau feint e* »p»te pnflt tt fw the raw eaM Sep M, 1M] (ta« «f «1114» pru ittMtj The ntt «M MMmi h ■plte «ill par eeat tell la ■*•1« i» IW mUHM (fH.1 "W pnflt after a Ml tax ISS^VJnJiSiS j- WM-
    47 words
  • 592 12  -  MM Sabnjni By KOH TSE YING THE OWNER of OberoiImperial Hotel, Hind s Hotels International, will offer 20 million shares to the investment public tomorrow at |1.45 each, thus raising $29 million. The public issue from I Hind, which has been on the cards since
    592 words
  • 414 12 BANK Bumiputra, the largest commercial bank i in Malaysia, has increased its issued and paid-up capital to $476 million from $272 million a year ago. Tan Sri Kamarul Ariffln, executive chairman of Bank Bumiputra, disclosed this at the signing ceremony of the first Malaysian
    414 words
  • 301 12 United Engineers (M) Bhd, which is being sued for damages over the tilting of the uncompleted Northern Court project in Penang, has applied to the Malaysian High Court to bring five other "third parties" into the suit. The suit was brought by
    301 words
  • 292 12 THE Palmco Group of Companies has announced the appointment of five senior executives to the company. Mr Hooi Kee Sum Joins as group financial controller; Mr Seet Up Teng as assistant company secretary; Mr Low Teng Lum as internal auditor; Mr Khoo Keen Hean as plant manager; and
    292 words
  • 536 12 msm mm*** by HOCK LOCK SIEW THE mild recovery in stock prices this week hardly suggests a return of bullish activity In a market caught in a bear track. The technical rebound or reaction which analysts were looking for has come, thanks to short-covering and some bargain-hunting.
    by HOCK LOCK SIEW  -  536 words
  • 839 12 LONDON, Wed. H* market flond linn tKn nyh turnover in equities was fairly email. The Financial Timet Index closed 14 points up at 5*3.6 Rises were Initially prompted by the resilience of New York markets yesterday, and UK government bonds eventually ended with gains stretching to a full
    839 words
  • Page 12 Advertisements
    • 94 12 FINE CHINESE ANTIQUES WORKS OE ART KWOK GALLERY Pte Ltd 101 103 First Floor, Far East Shopping Centre, Orchard Road Tel *****16/*****42 THREE GENERATIONS OF EXPERIENCE SINCE 1918 THE DAIWA BANK, LIMITED SINGAPORE BRANCH U5520,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due 22nd February 1984 In accordance with
      94 words
    • 393 12 The Systems Approach to (a) INFORMATION SYSTEMS AUDIT (b) MANAGEMENT CONTROL SYSTEMS by Dr Brian Wilson. B.Sc, Ph D, C Eng., M.I.E.E. Senior Lecturer, Systems Department. University of Lancaster. !,1 St fCW K. CarS ,h6re haS been an increas,n 9 awareness of the need to find new methods ck ,n
      393 words

  • SHIPPING TIMES
    • 198 13 Reuter FOREIGN shipbuilding orders placed with Japanese shipyards fell 74 per cent last month to 123,000 gross tonnes against 473,000 gross tonnes a year earlier, the lowest for 17 months. The Japan Ship Exporters' Association (JSEA) said this is because of a deteriorating world shipping
      Reuter  -  198 words
    • 611 13  -  By G DURAIRAJ BY MAINTAINING its remarkable tempo in the growth of container traffic, Penang port managed to achieve a marginal growth in its overall throughput last year despite depressed trade conditions. The port, which has recorded growth in containerised cargo at a rate in
      611 words
    • PORTSIDES
      • 116 13 AFP THE 28,000-tonne Sea Princess, one of the P&O shipping line's seven cruise ships, arrived in Hongkong on Wednesday on the last voyage of its current touring schedule. The ship will be moved to Europe for a series of cruises in the Mediterranean and the Caribbean,
        AFP  -  116 words
      • 72 13 AFP CHINA has started the construction of Shijiu harbour's coal wharf in the east China coast of Shandong, to help boost China's shipping and coal export. New China News Agency said the new harbour will include a 100,0u0-tonne and a 25,000-tonne class berths capable of handling 15
        AFP  -  72 words
    • 747 13 ShlpvtesLtae Acttpetego Shpc Alca P^e vm vm (M l I Afro-EuraMa VI I Aiitrua Alpac Angooavr vn VI V 4 3 a MMB X s ANL APCLtar I DC l s APL Argnoot m IV 4/5 4 ASO. AM* Merchant m VI 1 4 AUu Unr AuatmaU
      747 words
    • 541 14 VESSELS Opes: Kaenary Korean flag class KR built 1977 dwt 7200 bale/grain 9180.97 9672.40M3 free Dumai prompt seeking for suitable cargo. Dong Won Korean flag class KR built 1965 dwt 6430.07 bale/ grain 7417 7699M3 free Surabaya Feb 24, 1982 seeking for suitable cargo. Ro-ro vessel Truck Trader
      541 words
    • 206 14 Storm brewing over P O's decision AFP BRITISH trade unionists and politicians are whipping up a storm over the decision by British shipping company PAO to have the world's largest cruise liner built in Finland. Trade union leaders said the USJISO million contract should have gone to Northern Ireland's ailing
      AFP  -  206 words
    • 91 14 AFP JAPANESE shipowners are expected to have huge windfall profits accruing from the current fast fall in the yen's value against the US dollar. As their ocean-going transportation charges are quoted in the American currency, the major Japanese shipping firms like Nippon Yusen Kalsha (NYK Line) and
      AFP  -  91 words
    • 1682 14 FURTHER easiness was seen for grain business on Wednesday trom the US Gulf to the Continent with US$B paid (or a vessel destinated far Ghent-Hamburg range, down 25 cents. A cargo from the Gulf to Beirut paid $22.50 while oilseeds from Vancouver to Japan paid 119.50. South African
      1,682 words
    • 463 14 Reuter THE INTERNATIONAL search for oil by countries seeking to lessen their dependence on the Organisation of Petroleum Exporting Countries (Opec) pricing and supply policies is taking a heavy toll in lives lost and in equipment. Since January 1979, a dozen rigs
      Reuter  -  463 words
    • 305 15 IN THE continuing surge of newbuilding business in the offshore service vessel sector, Smit-Lloyd has ordered two very powerful anchor handling/tug/supply ships, Hamburg-based VTG has booked a series of six multipurpose vessels and the Hapag-Lloyd Group has gone out for further tonnage. Destined
      305 words
    • 637 15 Lloyd's List ONE OF several long-term temperature monitoring projects involving containers being used on various routes between South Africa. Australia, New Zealand and Europe is now more than half completed. The aim of the project, which is being conducted by the Shipowners Refrigerated Cargo Research
      Lloyd's List  -  637 words
    • 5307 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 of
      5,307 words
    • 633 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Ship Voy Arrival Date/Time Operator Godown8 for LCL Cargo FCL Movement Schedule Mode Anro Asia Hakata Maru P. Pierce Barz&n Ever Humanity Jenwell Sea Hawk Monte Emerald Thana Bhum Maersk Mango Anson N. Mltchenko Kawachl Maru Nordstar Zlm
      633 words
    • 1322 21 The leading shipping lines operating from local ports and their agents. A-B ArMpnlagt Shpg Singapore Shpg Agencies (S) Euro-Asia Une (PN/KL/PK). Adriatic CMtstrr Con tin™ u] Feeders (S) Cargo Freight (PK). AF*A Singapore Shipping Agencies (S)/ Euro-Asia Line i PK PN i Afti hn* Um Trmnsgroup
      1,322 words
    • 1031 22 Lloyd's List A STUDY has found a definite potential for computerised shipboard management information systems, according to a paper presented to the International Symposium on Ship Operations in New York. A project team set up to discover shipping industry views about using a computer in
      Lloyd's List  -  1,031 words
    • Article, Illustration
      487 22 ARRIVALS KEPPEL WHARVES Alexander Pushkin (passenger) (0800) 3/4 Asian Star (after Atrevida) 31/32 Berlin (shifts after San Juan) 35/36 Bunga Mas (after New Peacock) 44 Frotamanila (after Long Shan) 46 Feng Qing (after Belo Mundo sail) 8/9 Hongkong Island (after Berlin shifts) 13/14 Kris Madura (0600) 20
      487 words
    • 188 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 AMRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      188 words
    • 248 22 UPI PHILIPPINE government officials have shrugged off US threats of possible sanctions if a new Filipino cargo-sharing programme is enforced. Capt Victorino A Basco, administrator of the Philippine Maritime Industry Authority said: "They are just doing their job to protect the interests of Americanflag carriers
      UPI  -  248 words
  • Page 13 Advertisements
    • 294 13 Companies' Activities, Key Personnel, Agencies The Straits Times DIRECTORY Of Singapore (Buku Merah) «ttt* .1 RI) 1\ 1 AMAH Orient Overseas Co*iicu*teA Line FULLY CONTMOOQ) SERVICE TO EUROPE (VIA SUEZ) Cafcng Brtnwrto««fi attet lUmbutg •Oosmf Tunes (S pore): FCI 21/2 0100 HRS LCI 20/2 1300 HRS EUROPE (VIA SUEZ) Hl«l
      294 words
    • 322 13 HSEALORDII A UASC UNITED ARAB SHIPPING COtSAGi ARABIAN GULF EXPRESS MULTI PURPOSE SERVICES S'pora Loading for FULLY CONTAINERISED SERVICE Iraq cargo acceptable intransn Accepting LCL cargo for Dubai. Kuwait and Bahrain AL WATTY AH V.19 14/3 Vessel IS'port Loading tor BARZAN V.20 20/2 **na Qaboos (27/2). Dubai (1/3), cooing Times
      322 words
    • 29 13 I mm LONDON Freights H/m ORIENT Frthflnp D SHIPPING Scfcedtle vm/IX CONTAINER Sctodik* IX WHO Acts for WhMn j IX SHIPS la Part X REGIONAL Wetttor X CONSORTIA X
      29 words
    • 397 13 SINGAPORE FOR PEOPLE WHO MATTER *r MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: UA PACIFIC, GULF. ATLANTIC, EAST CANADA. ASIAN PORTS ■I.V H 1. 1 1 20-21/2 27-21/2 $-7/3 13-14/3 26/21/3 27-21/3 3-4/4 Slag apore 22-23/2 1-2/3 0-9/3 15-16/3 •SHGAPOtt CLOSM6 T*S CY 21st Frt 2400 MRS CFS 21st Feb
      397 words

  • Page 14 Advertisements
    • 798 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 *P Krnnc Vessel Eft SM N HOOM m 2t/2 mm 1) Gbvf| 2) Hbtirj 3) B 4) R dam S) It H
      798 words
    • 218 14 1 SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA r-iB-T-w-mi>ll /4 *V« 7/4 V/* 7/4 7/4 7/4 a/« TENNESSEE" M P« "EARNER PERSEUS" VVS2. TMERHOfYLAE" VV* "EARNER TONMERQ" IV VB TO: PANAMA US ATLANTIC EAST CANADA US GULF J3C3CZIIC3IEIIIC •2V2 VI ni/i u/i vi •N/1 1/4 V* |/4 17/4
      218 words

  • Page 15 Advertisements
    • 1076 15 takes great pleasure in announcing that with effect from MARCH 1982 KYOWA LINE will be sailing directly to TARAWA, KIRIBATI (GILBERT ISLAND) For bookings please contact: GENERAL AGENTS OCCAM SHIPPING 4 ENTERPRISES PTE LTD Singapore Tel: *****44 *****70 K. Lumpur Representative Office Tel: *****4 *****8 MALAYSIA AGENTS: K Lumpur: EAST
      1,076 words
    • 456 15 jßLflß— 1 Ml cmnonu acmmna XKRXttMWI I (»n« am i KOKJM CNMCf 1 Fiß Franco Belgian Services ML >_t V i:- tr lowmtam C.M.C.R «*A» HWf B-Nmm I'm* UNnn »Mp *im if* 2F* l*" if If ..J? ,F WNk UF UFA 11FA 15 FA It FA UFA UFA i?£ m
      456 words

  • Page 16 Advertisements
    • 529 16 M <:ONIINI NT U* EXPORTS Tw HK Spore P Ketatr Genoa Trieste 14/2 16/2 20/2 21/2 11/3 16/3 23/2 25/2 1/3 2/3 21/3 26/3 5/3 7/3 11/3 12/3 30/3 4/4 S pore P* Pen Bilbao Genoa H'btiig B hj»en Rdam Antwfip 28/2 5/3 28'3 5/4 1/4 30 3 Etprtss OuU
      529 words
    • 407 16 KOREA SHIPPING CORPORATION STORE P. Kelang PENANG VEGA 169W Sid Sid In Port FROM BUSAN BANGKOK VEGAI7OE Sid Sid In Port TO BUSAN ALTAR 173W 16-18 Mar 19 21 Mar 22-24 Mar ™OM BUSAN BANGKOK M.TAJR 174E 16-18 Mar 19-21 Mar 22-24 Mar TO BUSAN use use use use xsc
      407 words
    • 638 16 EVERGREEN LINE r FAR EAST/EUROPE CONTAINER SERVICE T ACCEPTING Fa 8 ICI CARGO FOR F«fa«lwt Rotttfdam Mnqi It Karrc r K J I IJ J »/l »/J 27/1 J* W ?»/3 »/3 31/3 2/4 1/4 Wl 4/4 1/4 lt/4 12/4 14/4 lH» L«M 24/3 1/4 14/4 IS/4 It/4 20/4 21/4
      638 words
    • 854 16 Everett Luiesl Burma Fnrt Sih Shipping Corpn BURMESE NATIONAL LINE' "ARGENTINE NATIONAL LINE" LOADMG FOR DURBAN MONTEVDEO BUENOS JURES A\ sn T 71 m r* MiMruamw 1/2 Mb nm FA 2/J Mm f G 7/11 Ibr BFSSC Agents *i Maioyvo BOUSTEAD SHM>PHG TEL NOS KL *****4/*****7—PKELANG *****1/8 PENANG *****1/8 CNSCHARGMG
      854 words
    • 358 16 r -fi»i i ri mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE JAPAN/STRAITS SERVICE P. Mm OCvm KSOttCES 20-22/2 hi Part 20-27/2 11/3 34/3 11-11/3 TMSHO MARtI PU RTHEU* SUN UFE MY Ml MMtIJ OASSSMn VMMTOMO MMttl 21-23/2 25-20/2 54/2 54/3 10-11/3 10-11/3 24-25/2 27-20/2 1-2/3 0-0/3 12-13/3 1213/3 octM
      358 words

  • Page 17 Advertisements
    • 786 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO. HODEIDAH, JEDDAH AQABA S.E.A. Container Feeder Service SINGAPORE/PT KELANG/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS PT. KELANG B'KOK H'KONG I MANILA 19-21/2 EAST AFRICA/REDSEA SERVICE SiStS KOTAMAJU 2«/2Mar Am *i-» PL Adam, Jaddah, Aqaba KOTA MANIB lnPt/23 Fab DirMMUtm, I VE-383 Hodaidah, Jad •h, Hodaidah, KOTA
      786 words
    • 621 17 1 I TK" BEN LINE CONTAINERS EXPRESS CONTMO SERWCE TO/FVOM EUROPE HBURG SHAVEN ROAM HAVW !U two* to|to|Eipro toto| Eiprtu towVE—* H** l R 4am Hint UK tow4e 21/2 to»i Ejprtu 11/1 M/l n/J 23/3 lfi/ fMfrAc. 1/| ImMt 2/4 4/4 5/4 7/4 11/ FMM EUROPE H BURG BHAVEN rOAM
      621 words
    • 558 17 f I 9 1 i i Scan Dutch V WEEKLY EXPRESS CONTAINER i puiaca sstmsm to Pari apatpossm I DM* i 4/2 4 KWU VI I DNM 17/3 4 ftwtt* 14/3 I OAKtt 4 note* 2/4 1) Immi Sm lagan 7) tart Inarpael laatoa (T*m I Cmt) I *■2' M
      558 words
    • 491 17 V BOUSTEAD SHIPPING AGENCIES 1& BANK LINE [».< «.■*>! i:a,a; SPORE K'DAM hull hmbg CLYDEBANK* Sid 14 Mar 17 Mar 22 Mar FORTHBANK 23 Mor 18 Apr 21 Apr 26 Apr CORABANK 22 Apr 18 May 21 May 26 May P. Keiong Sorted and Penooq In Port Lukes Lines U.S.
      491 words

  • Page 18 Advertisements
    • 617 18 IWK'line EXPRESS CONTAINER SERVICES TO NORTH AMERICA FEEDER VESSELS* PR Mm* Emratf 24/2 J AP AN-STRAITS-JAPAN I So o I fewng PKetang I Score j Tokyo Na«o»a Kote mm emerald n 21/2 22/2 24/2 MKJiinaoin 2/3 «/j s/3 JOHORE BRRKE V 3 25/2 1/3 J/3 10/3 7/3 11/3 19/3 20/3
      617 words
    • 467 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Lm*| tar IOS MGfLES SAM FMNCBCO. SUTTU, TACCNA. iWKOUVCR IC bctpfaf Fa/Fa Mam ssr ',"bt AUSTRALIA EXPRESS CONTAINER SERVICE Acc«pt*t Fa/Fa C«n*M«cn P RcUn| Spore mar m» 3 mw -WRMIOnr- I Mir 9 Mar IAWMS" IS Apr 20 Apr MrtL AM Syd Also
      467 words
    • 390 18 ft JOHORE SHIPPING '53 JALAN TENGKU BADAR PORT KEIANG SEIANGOP MALAYSIA i BINTULU f* CONTRACTORS ■?ZISDN. BERHAD tmtmqm M Kmc**, Sarav*. Tat *****/205 CC Tain: IM ***** Lcpms Car-Caniar/RO-RO Swnci to East Mabyria BMTULU NO 1 V:3/t2 BMTULU NO. 1 V:4/S2 BMTULU NO 1 V:5/I2 BMTULU NO 1 »</«2 loading
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    • 531 18 korins maritime services !S Room 601. ICB Building, Shenfon Way. Singapore Tel *****22 *****67 P Kelang Tel *****4/*****5 MIDOIf EAST/BED SEA/EUROPE SERVICES ■xvimt w S pore l«o*Ng F«rScUSi I 22 Feb Dub* kan HAEWOOINO. 2 4 Mar Akian*u/Pt. Said/Bengtua WONSBON 4 Mar Bandar Abbas/B Khomari Cj fHyundae Shipping Co. Ltd.
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    • 503 18 INTRASEA (PTC) LTD .1 t S>nq.UH''> QJC T. j .j 1 l BREAKBULK SERVICE TO EUROPE/UK S>art P. Ite| Laadta far 2C Fab 21 Fat KUOGK RVAM/UK (AWN) FULL CONTAINER SERVICE TO EUROPE/UK Singapore I unhw far A. HDELfTY MB 123— 30 Mar faddah/Linassol/irsoaes/ Hamburg/Rotterdam/Hbtry Alm accepting Contamn fa Bovut/Trtoai/latakia/Tartoiß/
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  • Page 19 Advertisements
    • 650 19 &NOL > NEPTUNE ORIENT LINES LTI FAR EAST/EUROPE FULLY CONTAINERISED SERVICE a TO EUROPE/IK (VIA SUEZ): f. Keianf 23/2 A CONCORD 3W+ C PAUL 30W C ROZE 2SW S S BMDGE 35N K CHANCE 7W Also accepting cargo to/from Scandinavia A CONCORD S pore Closing Times: FCL Cargo 0100 21/2
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    • 605 19 MALDIVE LINES ETA ETA ETA STOW KIIANTAN PORT KELAN MALDWE COURAGE m Port Loading For Karachi/Kuwait MALDIVE CREST 24/2 Loading For Hodetdah MALM* CARRO 22/2 Loading For Mate MALDIVE NEIGHBOUR 5/3 Loading For Jeddah KAL.WVE MPORTER 28/2 Loading For Male •MUW PRIZE 25/2 Loading For Jeddah MALDIVE PIONEER 5/3 Loading
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    • 652 19 SINSOV SINGAPORE SOVIET SHIPPING CO PRIVATE LTD SIBOV M.DMC 55, Maitct Shut Saifaptn 0104 Ttfcphm Nunbm *****3 (lb unts) Cable Address SJKSOV SINGAPORE Telex Numbers RS ***** RS ***** RS 2510R f KELANG M/S SHMKAT MM SOON SON. M> IST AND 2NO FLOOfi NO i MIAN ammo poat kiang Malaysia
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    • 23 19 P.E.A.C.E. PTE LTD IQBQQB- «a. mount faber hoao #NMVMK SINGAPORE 0400 TUDLJIJ TEL: *****18/9 REGULAR FCLACL SERVICES TO AUSTRALIA, NEW ZEALAND, HONG KONG
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  • Page 20 Advertisements
    • 803 20 A (>I'IHI|) SINGAPORE SHIPPING AGENCIES PTE. LTD ..,o KOOR ocean building SINGAPORE 0104 TE LE 'it' ,V- S GtNE «AL <Jt3IU I22UNES, Rs A d CARSHIP WCABLE CARGOSHIP liiliihi Container Lines SAlt INGS A WEEK to/from BANGKOK W STORE »u MS/KM 19/20 FA 525/S3W 23/24 Fife I IK/11N 2C/2C F«fe
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  • Page 21 Advertisements
    • 174 21 EGYPTIAN INTPBNATIDNAI I IMF til INTERNATIONAL line iE It > EGYPTIAN FLAG ft n SMSPPIHG Pit l ?b >rt<l T'lf l \gw. I'« .Mflr >1 ,'MMU Bk| ."JStd! "iSUI M M \(l< Rh,' ■1 IShO.' P' >»i !»i AK<->pi 14' sVt.jnj Tfi ten I (>r»» 'jr"< APCLINE X ANGKUTAN PERTAMB^NDAI^
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    • 244 21 AFRO EURASIA LINE S.A. (INC. IN SWITZERLAND! FAR EAST InDIAN OCEAN SERVICES Accepting FCL LCL Contor>ers S port Canute tootey Hatch *UI fIOMR in 3 Mt> 9 M*> 13 Mm 1) Mtr *WSH* 3% 9% 13% 17 Nv Agents: TRANSGROUP PR'VATE LIMITED FOR BOOKINGS TEL: *****1 1, *****21 CARGO SPACE
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    • 79 21 UNIVERSAL LINES AttSSEL LINER SERVICE ETA FTD loadtaf Far 20/2 25/2 Mxfrn Ma Karachi BALTIC ORIENT SHIPPING PTE LTD Llnrt 1308 htwnjtwnj; Plaza Amor Road Sofapore 0?07 TH ??***** *****33 n* nv UMDNCFOt KTWONRM SaM SaM MM IMLOCI 5 Mar (Mr Mai MOOOM KSSEL LESS IMM 5 YEMtS OLD MECT
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  • Page 22 Advertisements
    • 355 22 GELDERS SHIPPING 8 V REGULAR FCL/LCL CONTAINER SERVICE TO: JAPAN 25/2 7/3 Tokyo, Kobe HONGKONG 1/3 7/3 EUROPE 23/2 2/3 OTHER DESTINATIONS:- ON ENQUIRY Anoctotm/Agent* S'pore: •TL MAMTIME CORP (S) PTE LTD T«l *****05, 220M94 W4/ *L- TUNAS MTU SDN BHD TIL W*» (M) «W*M (KL) COPPN SON BND TCL
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    • 322 22 HEAP SENG TRADING SHIPPING PTE. LTD. 1201, )2tti Hoot, Goktat Mil* Tower, toodi Rood, Sinoopor* 0719. T«l: *****44 (3 Imi) "rfx R*****2 HEAPCO SH6APORE TO WEST MALAYSIA SERVICE HA etd riitnßiHi LMUMHMtI 3/C hiNrl 21/2/t2 POMNC SH6APORE TO PHUKET SERVICE H* nD Dnttnim LAIM* »/B 23/2/12 24/2/12 PMffET FULL-CONT AVER
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    • 282 22 PERKAPALAN LAUTAN MRU SDN. BHD. P O Bo* 220 Koti Krv»tx»tu S*6*h bcuwi unbi sarvia SJtMh Bangkok Port kH* 4 Vessels Penai* P.Rlang S pore loading for LAUTAN TKA V.l/S2 21/2/12 25/2/12 Kudat, r wi>> w, TMW L AUT AN RAN V.2/S2 K/2/12 1/3/12 KK LAUTAN ENAM V.2/S2 11/3/12 IS/3/S2
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  • Page 22 Miscellaneous
    • 151 22 fi y ca i 1 K BK >A (.'4 52 c /v cr* SIGNIFICANT WEATHER AND BEA CONDITIONS AT 7.30 A.M. THIS MORNING LEGEND: R Thunderstorm X Temperature °C Shower Weather Wind direction with speed in knots Rain U Cloudjr Sky Wave height Serfage winds are Indicated by arrows which
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