The Business Times, 24 February 1982

Microfilm: NL11791
Total Pages: 22
1 22 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 93/1/82 Wednesday, February u, imz 60 CENTS
    11 words
  • Article
    Lock icon Mitsui may defer payment on loan for Iranian plant
    384 1 Reuter THE MITSUI industrial group has not decided whether to repay 5 J billion yen due on Feb 27 to Japanese banks fen- the Joint Bandar Khomeiny IranJapan petrochemical complex. A Mitsui spokesman said the group is awaiting the outcome of
    Reuter  -  384 words
  • Article
    Lock icon Dollar makes gains on European exchanges
    207 1 UPI THE US dollar, gathering strength on revised American economic indicators, made substantial gains on European exchanges yesterday. Gold fell bade in light trading. Bullion dropped US$4 in Zurich, opening at $380.50. la London, gold fell $5 to open the day at $360.50. "Gold
    UPI  -  207 words
  • Article
    LIMS TO MANAGE CASINO
    300 1  -  By FLORENCE CHONG THE LIM family tt MalayiU's Geatiag will mange aai f erato QMMlud'i flnt carta* la Ttwwvilie. The Qannaslsal givctUMrt ytaterday ■mwmN thai H had awarded the Beeaee far a Ttrlat la Narthera Qaeeaslaad ta a neipaay kaswa as Breakwater Uaad Beaart Proprietory Ltd.
    300 words
  • Article
    DBS plan to tie in with CPF scheme
    430 1  -  By LEE YOKE MENG DBS FINANCE has be i come the third «nanH» 1 institution to announce i s loan scheme to tie in witl t the Central Provident Fund's (CPF) private bousing loan programme. It will launch from today a Maximum
    430 words
  • Article
    Syndicated loan for Aussies
    243 1 AUSTRALIAN boriowaa return once again to the Singapore capital market to raise a Eurocurrency facility equivalent to A 130.3 million. This time, the syndicated loan is arranged for the State Energy Commission of Western Australia (SECWA) to work in connection with the purchase construction of two
    243 words
  • BRIEFLY...
    • Article
      Lock icon Tokyo car output
      71 1 AFP TOKYO, Tues. Japanese motorcar production in January sagged 6.8 per cent from a year earlier to 794,150 units due to slow »»W both at home and abroad. The Japan Automobile Manufacturers' Association today said that of the total, passenger cars accounted for 501,550 units, also down
      AFP  -  71 words
    • Article
      Lock icon Investment plan
      62 1 AP TOKYO, Tues. Reports that the Japanese government supports a businessman's scheme to set up a US$lO billion investment fund to create Jobs in the US are "absolutely false". A spokesman for Prime Minister Suzuki today said the premier has never been contacted about the plan, and the
      AP  -  62 words
    • Article
      Lock icon Australian warning
      77 1 AP CANBERRA, Tues. Japanese steel makers were today warned that they could face a sudden loss of iron ore supplies from Australia unless they continued to invest in that industry. Trade and Resources Minister Doug Anthony also told the House of Representatives that the government was "very concerned'
      AP  -  77 words
    • Article
      Lock icon Stabilising measures
      56 1 AFP KUALA LUMPUR, Tues. Malaysia is taking various measures, both on its own and together with her Asean partners, to stabilise rubber prices. w The Rubber Industry Smallholders Development Authority chairman Datuk Hlshamuddin Hajl Yahya said the government takes a serious view of the practice by some consumer
      AFP  -  56 words
    • Article
      Lock icon Pipelaying equipment
      77 1 Reuter TOKYO, Tues. The Japanese government is finding Jf difficult tO Stop a Japanese company exporting pipelaying equipment to the Soviet Union because the contracts were Concluded before the imposition of martial law in Poland, a top foreign ministry official said yesterday. He was commenting on a report
      Reuter  -  77 words
    • Article
      Lock icon Japanese economy
      65 1 Reuter TOKYO, Tues. Japanese Economic Planning Agency director general Toshio Komoto said Japan may have registered zero economic growth in the October-December quarter of fiscal 1961, which ends in March. Speaking to a Lower House parliamantary budget committee, he said the government is compiling fresh measures, including accelerated
      Reuter  -  65 words
    • Article
      Lock icon Revised securities act
      69 1 Reuter MANILA, Tues. President Ferdinand Marcos today signed into law the Philippines' Revised Securities Act, which grants the Securities and Exchange Commission wider powers. The presidential palace said framers of the new law hoped a revised securities act would remove loopholes and weaknesses in the old securities
      Reuter  -  69 words
  • Article
    Share index drops 8.45 points
    112 1 BHAEE arises test a beattog at the mag.»p—ii sleek Market yesterday with the Straits Tlsies MmMbl IS e haTSrSS y, i the day, eseeat hr sssm «Meh wwwii a Mttte laS'SStjssag eieae sWre the fay's tows. VSlama Mi halaw Sve arilKaa asfts to ijf s«a
    112 words
  • Article
    Hitachi shares to be sold here too
    425 1  -  By BERNADETTE CHOOI FIVE million American depositary shares of Hitachi will be offered for sale throughout the world, including Singapore, early next month. The shares will be listed soon on the New York Stock Exchange. The company, which is Japan's largest diversified manufacturer
    425 words
  • Article
    Cordless phone system
    291 1 A TELEPHONE system designed la Singapore has been successfully launched in various countries around the world. The portable, cordless system was developed by a local company, Energex Pte Ltd, in conjunction with the Singapore Institute of Standards and Industrial Research. Energex has received several orders since the
    291 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      221 1 es Bookshops earn UNITED Motor Works Is maiHng a ra«h call on its shareholders to raise a hefty MJ84.57 million to finance its newly-acquir-ed Toyota vehicle operations in Malaysia and to reduce group borrowings Page 12 AMERICAN Treasury's borrowing on financial markets in the first quarter of 1982 is expected
      221 words
    • Advertisement
      Page 1 Advertisements Column 2
      56 1 Having transport problems 9 m XI IVe make it worth your while to lease a car from Orient Car Leasing We take good care of our cars for you! Long term lease of one year up to three yean or more Ttfc *****46,*****33& *****3 E ORIENT CAR LEASING PTE LTD
      56 words
    • Advertisement
      Page 1 Advertisements Column 3
      1 1 Seepage?
      1 words
    • Advertisement
      Page 1 Advertisements Column 4
      69 1 FOR PEOPLE WHO MATTER The performance of a console-size copier, without its cost. The desk-top size Ricoh DT1750. Clear, crisp copies 35,000 copies or more per month Saves on operating costs by 50% or more Space-saving 28 copies per minute RICOH Tho world's #1 copter. i Soccom unduptkated! i For
      69 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Drop in borrowing by US Treasury expected
      506 2 Reuter US TREASURY borrowing on financial markets in the first quarter of 1982 may fall substantially short of predictions by the Reagan Administration. Financial market analysts said an unexpected drop in Federal spending means that Treasury borrowing in the first quarter could be
      Reuter  -  506 words
    • Article
      Lock icon Tokyo bond market to firm
      400 2 Reuter THE Japanese bond market is expected to firm further this week because of falling US interest rates and the sharp yen upturn against the US dollar. Bond dealers in Tokyo said, however, that traders and investors are concerned over the future trend of US
      Reuter  -  400 words
    • Article
      Lock icon Belgian interest rates may decline
      253 2 Reuter THE U per ©eat devalaaOm «I the Belgian Crane within the Earopeaa Monetary Bystem (EMS) Is expected to lend to a rapid decline In Belgian interest rates nnd indirectly give the Bnadesbnnb mare scope to ent West Germnn rates. Csmmereinl hank ee—mists anld that
      Reuter  -  253 words
    • Article
      Three small American banks cut prime rate
      439 2 THREE small US banks have lowered their prime lending rate by half a point to 16.5 per cent, signalling that high US interest rates, which have come under Ore from America's trading partners, might begin a general decline. The cuts were announced on
      439 words
    • Article
      Lock icon US thrift institutions face merger prospect
      303 2 UPI HIGH US interest rates and the results of past government regulation may force 1,000 savings institutions to merge into healthier companies or close in the next few years. On Monday, a Brookings Institution study on The plight ot the thrift institutions, by Andrew
      UPI  -  303 words
    • Article
      Lock icon Manila's plan to manage growing foreign debts
      238 2 AFP THE PHILIPPINE government has adopted a fourpoint plan to manage its growing foreign debts, estimated by a private research group to reach U5529,700 million by 1986. Central bank governor Jaime Laya, who emphasised the need for foreign borrowings to finance the country's
      AFP  -  238 words
    • Article
      Lock icon Limiting issue size of mark Eurobonds
      224 2 Reuter WEST German banks have agreed to limit the size of individual deutschemark Eurobond issues in view of continuing Bundesbank concern over capital outflows, a Bundesbank spokesman said. The agreement, among major issuing banks, limits the size of issues for sovereign borrowers to 200
      Reuter  -  224 words
    • MONEY AND EXCHANGE$
      • Article
        HONGKONG
        109 2 THE US dollar in Hongkong yesterday rose against major currencies in late dealing, especially against the yen, dealers said. The dollar advanced to 234.35/55 yen from an early 231.75/85 and the overnight 231.35/50 close in New York, it also rose to 2.3585/95 marks against 2.3450/60 earlier and the 2.3475/90
        109 words
      • Article
        Gold
        214 2 SINGAPORE gold futures yesterday closed generally easier on local and European selling in moderate trading, dealers said. Total sales for the day was recorded at 112 lots while kerb volume at 194 lots with activity spread over the months from April right up to December 1982. April closed weaker
        214 words
      • Article
        Silver quotes
        37 2 New York T.fTB FH 117B 8 (MS 8 US Zurtcfc 100B S JOB 1106 UK TM MM Singapore Closing prv TUB 8.12B S.0B 8J7S in US dollar* a troy oumo t. Source: Credit Suisse, S'pore
        37 words
      • Article
        PLR
        22 2 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.15 per cent.
        22 words
      • Article
        ASIAN $
        193 2 ASIAN ASIAN currency deposit interbank rates as at close on Feb 23. U8 DoUar*(S*o<) Off.r mi 7 days 14 0/10 147/16 1 month 14 15/16 14 13/16 2 month* IS 1/16 14 15/16 3 months 15 3/16 IS 1/16 6 months 15 5/16 15 3/16 9 months 15<* IS 12
        193 words
      • Article
        Discount
        44 2 RANGE of prices oOcr cd by dl»count houses on Feb S: Overnight: 3W« Call deposits 3H« Clssiat Biytic 3-month SelliM Treasury bills 2H XH 3-month B»nk bills Qfc 6* 3 months CD 6* 6H 6 months CD 7H 7H Source: National Discount Co
        44 words
      • Article
        London
        105 2 THE dollar in London yesterday eased slightly in quiet early trading after opening above Monday night's close, dealers said. Eurodollar deposit rates steadied after starting around V« point higher, even though Fed funds rates in the US closed at a relatively low 13 1 per cent. Dealers attributed the
        105 words
      • Article
        Singapore market
        473 2 THE US dollar was brought all the way up yesterday on the foreign exchange market to close firmer against ma)or currencies. Against the local currency, the US dollar opened at 2.0970/80. The market was very quiet in the first part of the day. However, when Europe came in,
        473 words
      • Article
        Tokyo
        194 2 THE dollar for overnight delivery in Tokyo yesterday closed at a sharply higher 234.00 yen compared with the 231.30 opening, dealers said. This compared with the 231.35/50 New York close and 230.60 at the end of Tokyo trading on Monday. Total trading volume was a heavy $1.89 billion. The
        194 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      322 2 V 2ft (Minimum balan, p. USSIO 000) Cri *****71 for our competitive US</Ss-fonsgn exchange ram inwcateo Deposit nates MONEY ON CALL ACCOUNT 1 WEEK 1 MONTH 2 MONTHS 3 MONTHS 6 MONTHS 13 14% 15 15 15V4 15V4 N.M. Rothschfld b Sons (Singapore) Limited Ground Root, Straits Trading Building, Battery
      322 words
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  • TRADE AND INDUSTRY
    • Article
      Consultant to study demand for expertise
      410 3  -  By SALMA KHALIK MR Prank Pace Jr, president of International Executive Service Corps (lESC), a voluntary group of consultants from the US, will be coming here next week to study the demand for expertise in this region. Mr Pace, who was formerly chairman of
      410 words
    • Article
      ADMISSION FOR ICMA
      119 3 THE SINGAPORE branch of the Institute of Cost and Management Accountants (ICMA) will soon be admitted to the Singapore Society of Accountants (SSA). Mr Austin Callaghan, president of the ICMA in England, said application for admission to the SSA was made five years ago. The SSA has
      119 words
    • Article
      PSA advised to inform workers of its policies
      331 3 THE secretary-general of the National Trades Union Congress, Mr Lim Chee Onn, yesterday advised the Port of Singapore Authority to explain its manpower development policies to the workers instead of keeping the policies behind closed doors. $fr Lim, who is also the
      331 words
    • Article
      Embassy to remain open
      41 3 THE Embassy of Yugoslavia, which was due to close its Singapore office on March 1, has announced that it will now remain open till March 31. The Embassy said the temporary closure is due to economic reasons.
      41 words
    • Article
      Plastics industry must remain competitive
      171 3 THE Singapore plastics industry should exert greater efforts to improve the quality of its products and seek new markets to remain competitive. These points were made by Dr Philip Adams, chairman of the Plastics and Rvbber Institute (Singapore) in his opening address at Rubberplas '82
      171 words
    • Article
      TRADE TALK
      260 3 A SPECIAL display of quality Western Australian beef will be held at the Mandarin Hotel at 5 pm today. The Minister for Primary Industry in Western Australia, Mr Dick Old, has invited about 150 people to the display. They include meat importers, food and beverage managers, and executive
      260 words
    • Article
      Diamond rings and dirty oil up for auction
      168 3 GOODS ranging from diamond rings and Rolex watches to dirty oil and empty drums will be up for sale when the quarterly auction by the Central Supplies Department takes place tomorrow. The items will bf among the hundreds to be auctioned by
      168 words
    • Article
      Greeks, Iberians keen to import frozen seafood
      445 3  -  By RICHARD SEAH TRADERS in Spain, Portugal and Greece are keen to buy frown seafood tram the Asean countries, though they are not too hot about other Oriental foods. There is also a good market out there for electric and electronics parts, but
      445 words
    • Article
      MEMO PAD
      402 3 BBMINABB AND COURSES Feb MS: Methods Time Measurement for Work Smpttcathm and Cost Reduction, Oberoi Imperial Hotel, Inbucoo Feb 8-March 29: Grammar Review, Bukit Tlmah Centre, Department of Extramural Studies, NUS Feb 9-March U: Certificate in Computer Data Processiug Module IV Management Information Systems, NPB, NPB Feb 10-March
      402 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      400 3 Available at: Lea Mum de Carrier Boutique* G36, Ground Floor, Lucky Plaza, Orchard Road. Gl9, Far East Shopping Centre, Orchard Road, Singapore 0923. Alio available in Singapore at: Alfred Leather Centre 01-676, Orchard Plaza. C.T. Hoc Pte Ltd 27, Tanglin Road Champa Elyaee* Pte Ltd 17A, Ground Floor, International Building.
      400 words
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  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      1385 4 4m V r*. r OFFICIAL OPENING OF SAMCOS HANGAR BUILDING BY THE MINISTER OF STATE (DEFENCE DR.YEO NING HONG ON 24th FEBRUARY 1982 MESSAGE FROM DR YEO NING HONG, MINISTER OF STATE (DEFENCE) The aerospace industry has been identified by the Economic Development Board as one of the key industries
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  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      567 5 mm. v.; 41 r-\-> 'Xl\ W <VV' fl pa m w v m-r m s < 'j Oftf IV vS ft r na ■i I X, f :-J •jSy m z r A ,;y <fiPr v"* ft* ft !> v 4*l >1 te? V *'l < v.V §9 > ftj
      567 words
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  • Article
    SIEU forgets its lessons all too soon
    438 6 THAT THE first union to have a common wage pact for all workers in the insurance industry has decided to abandon the agreement after two years is hardly surprising. The Singapore Insurance Employees Union's common wage pact in 1979 represented a united front
    438 words
  • Article, Illustration
    Lock icon Late delivery not ruled out
    985 6  -  By KEVIN DONE FT WEST EUROPEAN companies directly hit by President Ronald Reagan's embargo on the delivery of US equipment for the Soviet Union's controversial 5,500 km natural gas pipeline appear increasingly unlikely to be able to meet the extremely tight delivery schedules imposed by
    FT  -  985 words
  • Article
    Lock icon Objecting to Jakarta barter deal
    459 6 Reuter INDONESIA'S attempt to boost sagging non-oil exports through a so-called counter-purchase trade policy has caused confusion and even anger among many foreign companies seeking to do business with the government. But a sizeable section of the business community now believes that the policy will
    Reuter  -  459 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      132 6 V-Compact lubricated/oil-free Pressure to 150 psi (10 bar) Capacity to 635 cfm (1080m 3 /hr) Broom Wade RA Screw Pressure to 150 psi (10 bar) Capacity to 1500 cfm (2570 rn^hr) V-Major lubricated/oil-free Pressure to 300 psi (20 bar) Capacity to 3200 cfm (5490 m^hr) Sk CompflirE^Hißa Industrial Compressors CompAir/BroomWade.
      132 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1191 6 Water, Water Everywhere JAPANESE udeat arts a heated raapalpi far the feet nemMael with M» «tlli live m May threagh peat ef daas preheat ea trial pellataata, they tora the eaattaaeas pahinw H*ppy Dmy (eh I, 7). toxic nlitoann flvea by itne aeveaty N»*a (eh S, 11.11) leaks at la
      1,191 words
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  • OVERSEAS
    • Article
      Lock icon Regan in favour of more borrowing
      595 7 UPI NYT US TREASURY Secretary Donald Regan told Congress on Monday that in spite of high deficits, the government should borrow more rather than raise taxes. Regan's comments had a quick effect on a nervous Wall Street, already depressed because of the prospect of
      UPI; NYT  -  595 words
    • Article
      Lock icon Housing recovery may boost US economy
      406 7 Reuter THE REAGAN Administration says a rapid recovery in the bousing industry this year will help lead the US out of recession, but most private analysts fear that high interest rates will prevent more than a modest rebound in Homebuilding. In its annual economic
      Reuter  -  406 words
    • Article
      Lock icon Iran cuts oil price for third time to US$30
      372 7 Reuter UPI OIL industry analysts in London said Iran has sliced US$2 a barrel off its oil prices ss Opec countries try to arrange emergency talks on the threat caused by a global glut. It was Iran's third price cut this
      Reuter; UPI  -  372 words
    • WORLD IN BRIEF
      • Article
        EXPLORING CHINA'S OIL
        380 7 A HONGKONG communist newspaper reported on Monday that China welcomes Taiwan industrialists and businessmen to participate in offshore oil exploration off the China cosst. The Chinese-language New Evening Pont in a dispatch from Beijing said since Taiwan is part of China, "special privileges" should be accorded to
        380 words
    • Article
      Lock icon Workers of UK freight company buy over business
      170 7 Reuter WOUEBB Mi f I sills 111 at Britain's Mggeat read freight ownpaay beaght the bastarss frem the gave»Mialiy tor UU BMM IMM staff at the NatteaaJ Freight C—paay werked together with pearisaers to raise the aieaey aad take advaatage sf UK
      Reuter  -  170 words
    • Article
      Lock icon Esaki hits out at 'protectionist' US trade bills
      543 7 UPI A LEADING Japanese politician has criticised a number of "reciprocity" trade bills now before the US Congress as protectionism In ritagiiia» geared to retaliate against America's trading partners. Masumi Esaki, former Minister of International Trade and Industry, told a seminar of
      UPI  -  543 words
    • Article
      Lock icon Japanese seek details on US jobs projects
      377 7 Reuter AP GOVERNORS of the 55 states in the United States have been asked to submit details of specific projects for creating jobs which will be financed jointly by the Americans and Japanese under a plan proposed by the Japanese. Kay Sugahara, a
      Reuter; AP  -  377 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      69 7 Tha daily Aircraft Schedule has baan hetd ovar. Flight information can be obtained by telephone from tha airport (*****34/542M85) or from tha iss|i»ciNs atrHnae: Tat N«SIA *****33/*****44, Qaruda *****54, MAB *****22, CPA tOtfll. Oantaa *****44, BA *****86, KLM *****42/*****44, JAL *****44/55, UTA 54—1 Information on others can bo obtainad from
      69 words
    • Advertisement
      Page 7 Advertisements Column 2
      157 7 PI.AIN PAPf n COPtf* AJhA Canon da 200 Selling at $7000, with trade-in up to $2000 for any used copier and one FREE Canon P1212-D Desktop Printer worth $320 ValO for February 82 Own a top-selling A3 desktop copier today For the past ten years, modern offices throughout Singapore have
      157 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        157 8 rzs a ru ARM TtoJQ AS Ahold (Mi 0.1 A km MSB A4 AMKV B.40 1X00 -U tU Amrofcnt «uo •u BSP" 22-00 is brr—tt SATO 9A90 ■OJ unch 3PTJ0 OA 3A00 unch CUM Dtltl Dell Ml) 21A00B njo ion jo 9J0 -OS -0J .1 m»ar Fom fUmilu JAM
        157 words
      • Article
        Paris
        228 8 TTB a Pr> CORBEILLE Alr-Uqukt* m -18 B 8 N (tartan ItaAOfl# C 8 F (Tbomaoo- I4H Cte Pnocaiae 6m PtUolM aauo UUP -u nwiiimnn GteMraie m -u Cradlt Pmoetar Da nuM 948 ♦7 Hachatta (UbrklrM) llarhlitaa Boll 415 ♦1 t-0jQ8 -4 Z MUD 1MJB •U •0J PMMMl EESpa<Htr
        228 words
      • Article
        Brussels
        61 8 FORWARD MARKET [9^ E 5 r It «0 1 1 +10 +J6 a r 1 >31 10 uncb 15 +Mb m H *30 i m *m m +i® N -10 B 1* aotmr A Tank* U Mln M JT n l» tl 44 V Moot CASH MAR Amur Om
        61 words
      • Article
        Frankfurt
        170 8 rn a om Mf-nWHtM OM +0J Akao MJ* tU Alia Latm Alia Van lOU ♦66 00 11 4* ■uv Bar H T wbant Bar Vtant 1J0J0 imm ■Ut 0.1 ♦1 I lit.* -0J a»oo BMW IUJO ♦A3 Caaaalla MUO ♦1 Cbaa Varw CooU Oumml MTM I* TO 47 jg
        170 words
      • Article
        Zurich
        76 8 Act M ac iet Brown PowilT Br Cite (Mo Br. Si Ul id) ~r* rr3 T*T^ M4 UB m MS M icb 1 icfi ICh HH HUB 4MB IBM ich 1 IS Oarttfcoi JBwaihrt r »r BHB -4 g5 1 1 f MM r» -1 Ml BB M M
        76 words
      • Article
        Milan
        88 8 rxs a lira Mail Sit -U ma mm m ontm* cm cm *7» COM Ae«M ROM M «U Man UIM *m nu CM m« m OMMT»H ISTTO otm SMO JOB in hi* ms *m Inraat Mi M miMMsu cm rmm *wm tUl«M 1M inch Laprtll CM MM 4 SOB
        88 words
    • Article
      TORONTO
      142 8 C* uaeh »M -N i' r uaeh a it* uaeh BP Cu LM an uaeh C»MP Mad Uti Can Imp Bk a -n U* -It a* +m BM uacfa V» U H Dinta Ooa ftCorM 1»H Dam Tkr W* Ot Wwt Lite Ot TMtov Kate rtuir on Oh 1«*
      142 words
    • Article
      JOHANNESBURG
      255 8 re a iuod INDUSTRIALS A Aloha «1SB unrh Atmoa AC And CI m ra i -10 A MIC Mi -IS at -10 ITS uncb C&A Currw Piatac* Dm Ind a 4 ft* M a in PM VoU Hi -i Fugtt Ovttu OMnaai SB unco OraltBD Hippo HM Ml 0
      255 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      261 8 The American Express Card serves you well, wherever good food is served" /\W*i 11" !ll£\ £1 YY 11 It* (1 m I? V The true Singapore flavour—only $8* Our popular Nonya Buffet Luncheon at a special price, nj| COffg HOUSE 12 noon to 2.30 pm. 2nd Floor Vl price on
      261 words
    • Advertisement
      Page 8 Advertisements Column 2
      100 8 /-(>r banquets, h'or conreniu >ns >r < )tht'r tunc f:< >ns < >f flair it \s.s finesse. Functions for up to 2SO guests International menus r<> clux>m j /r<>m Complete range of audio visual equipment Ample parking space rnlur) I'i irk SI »< -r;i« ii i. Si ii^ii| nnt Glycated
      100 words
    • Advertisement
      Page 8 Advertisements Column 3
      185 8 /+<>=_?[<{_/{*:'"}/%:|?|;![>(=_ I i\ I ()\TI\I M S k I Sill K V N I Before you flv away to foreign lands, check-in your bag> then seek out the Five Continents Restaurant. Relax in intimate surroundings and wine and dine on the most supxrb international cuisine you've ever tasted. Lunch 12
      185 words
    • Advertisement
      Page 8 Advertisements Column 4
      162 8 When you dine, dine Cantonese. 3 A o If pleasing your palate is achieved only by eating the best, then dine Cantonese at The Inn of Happiness for the best Cantonese cuisine outside Canton. And a standard of service that's exquisitely Hilton. So come. The stage is set for an
      162 words
    • Advertisement
      Page 8 Advertisements Column 5
      170 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
      170 words
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  • RAW MATERIALS
    • Article
      Produce exchange
      173 9 CHINESE Pradaee Exduge, Slagapare, mm cMig prices per 1M kg yesterday. CwMQt Ml: Bulk fob $100.00 sellers, old drum (in second hand drum) fob $112.00 sellers, new drum fob $116.00 sellers. Capra: Mixed (loose) $50.00 buyers. Pepper: Muntok white pepper fob Asta NLW $377.50 sellers, Sarawak white pepper
      173 words
    • Article
      TEXTILES
      196 9 YARN and cotton prices were quoted as follows in Hongkong yesterday. (In HK dollars, spot ex-go-down) CettM yarn: China Blue Phoenix 20s 2,465 32s 3,170, 40s 3,200 (per bale of 400 lbs). Piece gMds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      196 words
    • Article
      RICE
      317 9 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.20, 100 per cent second class 1.02, 100 per cent third class 1.00, 25 per cent new crop no stock, B-10 per cent no stock. THAI BROKEN: A-super 0.70, Special
      317 words
    • Article
      WHEAT
      155 9 WHEAT futures in Chicago on Monday broke to the minus side in afteroon trade on negative chart factors. Prices closed near the bottom of an BVi US cent range, down four to IV* cents a bushel. Aggressive selling of May by a local grain house in afternoon trade, estimated
      155 words
    • Article
      SOYBEAN
      220 9 SOYBEAN futures in Chicago on Monday broke to the minus side late and closed near the bottom of a 14 US cent range, down 64 to 34 cents a bushel in revived trade. Traders said once Friday's money supply figure was discounted in the market and short-covering dried-up, long
      220 words
    • Article
      NEW YORK STOCKS
      762 9 THE New York market on Monday closed at its lowest level since May 1980 and analysts attributed the slide to a worsening economic outlook rather than a specific news item. The Dow Jones industrial average rose almost nine points in the first hour of trading but lost
      762 words
    • Article
      RUBBER
      287 9 RUBBER prices In Singapore yesterday closed higher with March One RSS buyers quoted at 179.00 cents per kilo, up 5.50 cents from Monday's close. Afternoon prices gained further ground on some trade and speculative buying with Inro's continued support also aiding the steady undertone. In Kuia Lamp«r, the Malaysian
      287 words
    • Article
      RAS PRICES
      319 9 R AS prices In cenU per kilo yesterday: Noon (per kilo) Buyer* Seller* Int. 1 R.S.S prompt f.o.b. 175.00 *****N Int. 1 R.S.S March 177.01 ***** Int. 1 R.S.S. April 1713* 179.00 Int. 2 R.S.S 1M.OO 168 00N UK/Coot 105.00 1S7 00N Int. 3 R-S.S 1(3.00 1(5 00N
      319 words
    • Article
      SSR and SMR
      119 9 NOON SSI t and SMR pricas yaat ordaya KAfl March (Carnal Mth) April (Farwai* Mth) SSR 20 SSRSO (1-too pallat) (1 -too palkt) wjiin 186 SON 163.60 i«uara 167 SON 166 JON sarara no 167 JO 166 JO 168 JON 167 JON MKSLB March April SMRCV SMR
      119 words
    • Article
      Straits Tin
      117 9 THE STRAITS tin price in Peuuig yesterday fell 45 cents to MSJ2.SI a kiln, taking it closer to the bottom of ITA middle sector of $32.M and 134 tt. This, the ninth eonsecntive fall, took yesterday's price to the lowest since the new ITC range Into came effect
      117 words
    • Article
      CLOSING PRICES
      34 9 Rubber; Feb 23 Singapore: March: 179.00 cents (up 5.50 cents) Malaysia: March: 203.00 cents (up 3.60 cents) Tin: M $32.51 per kilo (down 45 cents) Official offering: 287 tonnes (up 8 tonnes)
      34 words
    • Article
      Lock icon Japanese sign ITA
      105 9 Reuter JAPAN signed the sixth International Tin Agreement (ITA) at the United Nations in New York last Friday. Japan which accounts for 17.2 per cent of consumer votes under the ITA is the second consumer country after Norway to sign the pact. The ITA requires countries with
      Reuter  -  105 words
    • Article
      LONDON MARKETS
      781 9 COFFEE: Robusta futures were steadier at midday with prices between £20 and £4 a tonne up on Monday's close in actively traded positions. The market opened lower as expected following Monday night's slightly lower New York close but a subsequent recovery was sparked by news of heavy fighting
      781 words
    • Article
      PALM OIL
      150 9 THE Kuala Lumpur crude palm oil market yesterday held steady at Monday's level with light covering for March and April positions in moderate trading, dealers said. In February and March, south was traded unchanged at M 5975 and $972.50 a tonne respectively while in March and April, central
      150 words
    • Article
      Strong support necessary for tin pact success
      437 9 THE MUTUAL interests of tinproducing and consuming nations are best served through a stronglysupported sixth International Tin Agreement (ITA). Together with a properly equipped and structured buffer stock, the agreement offers the best hope for striking a balance between the mutual interests of
      437 words
    • Article
      Talks on rubber's role in earthquakes begin
      439 9 THE role of natural rubber in protecting lives and property against earthquake and vibration effects was highlighted at an international four-day conference which began in Kuala Lumpur on Monday. Opening the conference, the Malaysian Deputy Prime Minister, Datuk Musa Hitam, congratulated the Malaysian
      439 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      40 9 When you're with someone special. Make it the Chesa. c r i' x The finest selection of Swiss and Continental cuisine anywhere. Soft lights, sweet music and in a truly intimate atmosphere that'll make any evening special. #The Delicious Solution
      40 words
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      Page 9 Advertisements Column 2
      184 9 World W-de Richard Ellis Industrial FOR SALE First class industrial building located in Gul Avenue, Jurong. Land Area 3.21 acres Lease 60 years from 1/1/79 Built-up Area 69,658 sq.ft. 1) Air-conditioned Office 7,834 sq.ft. 2) Warehouse/Workshop 26,145 sq.ft. 3) Store 2,139 sq.ft. 4) Factory 29,120 sq.ft. 5) Open Bay 4,420
      184 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1479 10 BID and otter prices trffw»ii y listed sad business in and reported to the Stock Exchange oi Singapore yesterday with the number at shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL ft COMMERCIAL A«i
    1,479 words
  • Article
    Unit trusts
    182 10 munuumm (llwin'ptMkrN The Commerce IS The Sftvtags Fund 1.10 S pore Prog Fund 1.77 S pore Sec. Fund l.M S pore tavw Fund 106 S'pore Equity Fund 1J2 m »M> 3.07 1JI 133 lot lit IJI DUMOND MG1 (Me—!■■■' phettm DUmood S'pore Fd (US|) SI mOMOCBON (Cmiir Income
    182 words
  • Article
    SHARE INFORMATION SERVICE
    2864 10 1M1/1982 Hi|k Low Com pan j Last Sale +orGr*s Div DW CTT Gr"s YTd Net P/E Vol Day COOO) High Low 9ECTION ONE INDUSTRIAL COMMERCIAL 494 115 360 312 420 200 470 532* 675 430 248 Acma 115 Alcorn 130 Allied Choc 150 BAT 308 Bate 75
    2,864 words
  • Article
    In Kuala Lumpur
    1592 10 BID and otter prices officially JJ listed and business in and re--4 ported to the Kuala Lumpur c Stock Exchange yesterday. with the number of shares 0 traded shown in brackets in 2 lots of 1,000 units, unless otherJ wise specified. INDUSTRIALS t ijnißin (IBB) (i) MO
    1,592 words
  • Article
    COMPANY MEETINGS
    149 10 MALAYSIAN Tebaec* Cmpuf BerM: AGM to be held at 178-3 Jalan Sungai Besi, Kuala Lumpur on Feb 24 at 11.30 am, followed by the BOGM. e RAHMAN Hydraallc Tla Berfcad: AGM to be held at 8th Floor Wisma MISC. 2 Jalan Conlay, Kuala Lumpur on Feb 24 at
    149 words
  • Article
    Downtrend returns to the market
    662 10 LAST week's Matal rekoiai of dun prim aa Ike Wigopow stock Birtit na Ht af steam yeetowtey. Frem Ike i|fato| hell, tower qwlei were pmm •■4 first traaeattlaaa wan already si lass* twa Mia ketow overnight leveM. »U tkiaagk the mat slai tkeagk aet to
    662 words
  • Article
    KL prices fall in quiet trading
    601 10 SENTIMENT took a turn for the worse on the Kuala Lumpur Stock Exchange yesterday, sending prices reeling downwards in quiet trading. Turnover was pared substantially. Except for some slight interest in a handful of counters, operators displayed strong cautiousness throughout the session after a
    601 words
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  • COMPANY NEWS
    • Article
      Kuala Lumpur Kepong achieves record profits
      572 11 KUALA Lumpur Kepong cautions that the immediate prospects for the plantation industry leave no grourids for complacency. its chairman Tan Sri Datuk Lee Loy Seng says in his latest annual review that it seems unlikely that the group can look forward to better profits
      572 words
    • Article
      Earnings of Parit Perak lower
      284 11 PABIT Perak HaMlags BM, a plaatstlsß hosed investment touting eompa3, has reported a marglny lewer grasp prr-tax praflt of M58»,585 ($861,414 previaaaly) far the six months to Dee $1, 1961, despite a hefty 41 per eeat dr*p la latereet charged aa Its mum aad overdraft.
      284 words
    • Article
      Favourable review of HL Finance, Sinfin
      1105 11  -  Market Talk... By SIOW LI SEN HONG LEONG Finance and its 75-per cent owned subsidiary, Singapore Finance (Sinfin) have both been recommended by City Securities for short to longterm investments. Favourable results for 1981 are expected for both and the aggressive approach of the
      1,105 words
    • Article
      LONDON STOCKS
      873 11 LONDON, Moo. The market was firm, boasted by the (all in US money supply announced on Friday and easier UK money market rates. At the clcst, the Financial Times index rase 5.9 points to SCB.2. Banks were particularly strong, led by Natwest which gained 19p to 480 ahead
      873 words
  • ASIAN STOCKS
    • Article
      Manila
      153 11 THE Manila stock market yesterday closed lower as oils, commercials/industrials and minings lost ground, dealers said. Turnover fell to 565,000 pesos from 2.1 million on Monday. Among shares to fall were Benguet Con "B" at 35.00 from 36.00, Phil Overseas at 0.024 from 0.0245 and First Phil Holdings at
      153 words
    • Article
      Selected indices
      51 11 FINANCIAL TIMES INDUSTRIALS Monday 568.2 Friday 562.3 Week Ago 564 1 DOW JONES AVERAGE INDUSTRIALS Monday 811.26 Friday 824JO Week Ago closed HJLHANG SENG Tuesday *****3 Monday 1277.01 Week Ago 1230.82 AUSTRALIAN INDUSTRIALS Tuesday 644.6 Monday 648.3 Week Ago 655.9 ALL ORDINARIES Tuesday 501.8 Monday 506.4 Week Ago
      51 words
    • Article
      Market closes lower
      286 11 HONGKONG STOCKS IN Hongkong yesterday closed lower in sympathy with the overnight losses on Wall Street, brokers said. Share prices tended lower most of the day although some support was noted near the morning close. The half percentage point cut in prime rates by some small US
      286 words
    • Article
      Sydney stocks end weaker
      193 11 STOCKS IN Sydney yesterday drifted down to the lowest level since December 1979 as a string of poor profit results and Wall Street's decline put further pressure on heavyweight issues, dealers said. As trading drew to a close, the All-Ordinaries index was down about 4.1 points
      193 words
    • Article
      Tokyo shares fall sharply
      324 11 SHARE prices in Tokyo yesterday fell sharply and the market average shed 43.80, virtually wiping out Monday's 45.05 gain, to close at 7,714.56, dealers said. Trading continued thin and the fall was attributed to renewed sales of leaders with sentiment affected by the sharp overnight Wall
      324 words
    • Article
      Bangkok
      67 11 rxB a Baku Ut ntn TT _J§ MJB M Bum Of ATUdbaya ZU 4 Bwll Juckar Cliarooot Thai WWW ZM Urn Tnut IwMtHliU| 40 JO U wramu nntnCt Core litirnwanu ioa 41 International Trust And Fu R»ma Tow* Baha Union B*m Cement I 5115 190 ISO -OS unch Stun
      67 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      218 11 COMMERCIAL ti INDUSTRIAL SAN MEOO. CALIFORNIA TIJUANA. MEXICO Commercial-Industrial parcel of 412 acres spilt Into 6 IoU from 40 122 acres near border crossing and airport. Price and terms negotiable Seller's trust deed available. Also co-ownership offered. Minimum down USS2I.OOO. Write for brochure: RUNCO 8.V.. roe 107. 2170 AC SASSENMEIM.
      218 words
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      Page 11 Advertisements Column 2
      333 11 Specialist in Aluminium signs, Bronze signs, Neon-light, Plastic signs Room numberings, etc. (Also House repairing. Bulding white washing Roofing maintenance) UNIVERSAL SIGNCRAFTS CONSTRUCTION CO. Factory: 1523. Block 507QA«*je a Ang Mo Kio Industrial Rark 11, Singapore 2066 Te1:*****89-*****47 J UNTTED NTERNATKDNAL SECURfTES LTD (INCORPORATED ll\J THE REPUBLIC OF SINGAPORE) ANNOUNCEMENT
      333 words
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  • Chief Price Changes
    • Article
      SINGAPORE
      145 12 Falls Indices Spora Lud 8al Pro partial D B 8 756 515 no -36 -36 -30 •26 BT Indicator: Feb 22 *****7 Feb 23 *****4 Hoif L*oi| lad 875 Industrials: 753.41 744.96 Daalop Eat 510 -35 Finance: 108.99 1677.83 Iflud A Pa* 710 -30 Hotels: 1112.19 1106.96 P M
      145 words
    • Article, Illustration
      KUALA LUMPUR
      137 12 BHABE prices fai acrees the heard ea the Stock Bzehaage lewwwd trem The Straits Baa ladwtrial ladex tort 8.41 petals to 144J1 while the Baslaeas Thaes fadtoator fell 4MI petoto to *****. Falls Indices Rahman Hyd C' Sugars «-i IVnr XI rTOp Syn Resins F and N Raleigh
      137 words
  • Article
    University head may become Guthrie chairman
    295 12 THE Matoyslaa aatherttlee any have finally MM ea the maa Is head the Stoat Gathrte Cerperatlea M the UK, a e—peay which to new fl per ceat ewaed hy Puim datoa Naatoaal Bhd. Aecerdtoa to MahjrSu press rcperto yMtofiaja Tu Sri Matouasd Bashdaa Baha.
    295 words
  • Article
    UMW rights at M$3.50 a share
    407 12  -  *****1 Companies iditor: mm Sabnani By CHOO AI LENG FAST-EXPANDING United Motor Works is malHn g a cash call on its shareholders to raise a hefty M 584.57 million to finance its newly-acquired Toyota vehicle operations in Malaysia and to reduce group borrowings. The
    407 words
  • Article
    MRC's bumiputra issue
    462 12 PROPERTY group Malaysian Resources Corporation (MRC) will raise M 511.25 million from a special issue of 7.5 million new shares to bumiputra investors. These 7.5 million shares representing 25.2 per cent of MRC's equity are to be offered at $1.50 each, a price determined by the Malaysian
    462 words
  • Article
    Lock icon PARAMOUNT-ING
    527 12 mas by HOCK LOCK SIEW PARAMOUNT Corporation (formerly Malaysia Rice) has certainly come a long way from its "nasi lemak" days some two years ago. From all considerations, it is now indeed a different corporate animal with the completion of its restructuring. The Teo family of See Hoy n,
    by HOCK LOCK SIEW  -  527 words
  • LATEST RESULTS
    • Article
      THE BOARD of Kompas (Malaya) Bhd
      81 12 yesterday announced that the High Court of Malaya has sanctioned the acquisition of Kempas shares not already owned by Stme Darby Bhd. Kempas, therefore, now becomes a wholly-owned subsidiary of Stme. It said the scheme is expected to become effective on March 19. Kempas'
      81 words
    • Article
      UNITED International Se- curities
      82 12 yesterday reported a 45.5 per cent drop in group pre-tax profits to $1508 million for the year ended Dec SL, 1981. The closed-end investment trust is recommending a first and final dividend of 5 per cent less tax. In addition, it is declaring a bonus issue
      82 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      114 12 .1 •< I > at_a > > u iHBSf" *fc 1 "I?®# '*y« 1 >^5 -^5 -•Tt i,. 4 1 VJ?'' HI m r 0 I V 1 I ">J N QKB M >" i <*» ik <*■1 k r:-.. j r" M* k M ik NJ k m lr
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  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      61 12 W E AT:H E R OUTLOOK for Singapore today: Generally fair. Afternoon showers in several areas. Repert far 24 hears priw to 7J9 pm n Feb 2S atthealrpwt: MaTimnm temperature 32.6 Associated humidity 58 Minimum temperature 23.3 Associated humidity 97 Hours of sunshine 7.35 Rainfall in millimetres 0.1 Total rainfall
      61 words
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  • SHIPPING TIMES
    • Article
      Maersk departure high on agenda of FEFC meeting
      307 13 MEMBERS of the Far Eastern Freight Conference (FEFC) will meet in London on Feb 25 and topics of discussion will include Maersk Line's withdrawal from the conference, possible rate increase and measures to cope with non-conference activities. Among other things likely to
      307 words
    • Article, Illustration
      Mashaha's fleet expansion plans underway
      459 13  -  By VONG NYAM MING MALAYSIAN shipowner, Mashaha Holdings Sdn Bhd, is undertaking a major fleet expansion programme, buoyed by its success in the coastal tanker trade. The company has concluded negotiations recently for the purchase of two second-hand vessels from Japanese owners. The owners of
      459 words
    • PORTSIDES
      • Article
        Lock icon CAFs to be cut
        86 13 Reuter MEMBER shipping lines in the Bay of Bengal/ Japan/Bay of Bengal Shipping Conference said JKLv- currenc y adjustment factor (CAF) for all Japan/westbound shipments to 9.5 per cent from 14 per cent from Feb 25. The six members of the conference have held to the
        Reuter  -  86 words
      • Article
        Lock icon Port dispute continues
        133 13 Reuter THE Tanzania-Zambia Transport Committee is trying to solve a dispute between Zambian importers and exporters and Dar-es-Salaam freight agents. The committee said that at the end of last month there was 7,085 tonnes of Zambian cargo backed up in the port, of which only 1,730 tonnes
        Reuter  -  133 words
    • Article
      INDEX TO ADVERTISERS
      499 13 SMpptag UM PM* Gd *dH|«*««o SkK AIM Afro-Euruli Alitnua Alpac vm vra VI vn VI l I I s Anfonave AalMtac V X > 4 ANL i 1 APC Um IX 1 APL AHMUlM Aata Merctaat AIIMUM m IV m VI X V 4/5 4 1 4
      499 words
    • Article
      Lock icon LONDON WEEKLY FREIGHTS
      717 14 AFP AFTER A slow start because of the holiday in the United States, chartering Improved on the freight market last week, with Soviet inquiry circulating for both grain and sugar vessels. More details of the recent ore and coal charters also came to light, but it was
      AFP  -  717 words
    • Article
      Lock icon New breed of oil platform
      178 14 AFP A NEW kind of oil platform, capable of exploration in very deep waters in tempestuous areas near the Artie, off the Canadian Atlantic coast, and north of Britain, is to be built by the nationalised British Shipbuilders. The new design should overcome the risk
      AFP  -  178 words
    • Article
      LONDON FREIGHTS
      1489 14 CHARTERING was very quiet in all sectors of the freight market on Monday although there was continued market talk of Soviet time-charter interest. Two vessels were reported to have been fixed on their account from Skaw-Cape Passero range for trans-Atlantic round voyage at U553,300 daily. Meanwhile an 8,000
      1,489 words
    • Article
      Lock icon Manila meeting on cargo sharing ends in deadlock
      994 14 Business Day THE Maritime Industry Authority (Marina) and representatives of third-country flag lines operating in the Philippines have failed to make significant progress at their first meeting on the presidential directive on cargo sharing. Both groups maintained a very cautious stance, reserving
      Business Day  -  994 words
    • Article
      YK PAO TO ORDER MORE VESSELS
      191 14 INTERNATIONAL United Shipping, Sir Yue-Kong Pao's Joint venture with the Chine* government, look» net to [dace more orders with British Shipbuilder*. Mr William Lee, vice chairman of World Wide Shipping, which teamed up with the Chinese government to create International United, said that the
      191 words
    • Article
      KSC postpones its resignation
      342 15 KOREA Shipping Corporation (KSC), whose resignation notice has been on file with the Trans-Pacific Freight Conference of Japan/Korea (TPJK), has informed the conference that it would postpone the effective date of resignation to April 20. In August last year, KSC submitted its resignation to TPJK. The
      342 words
    • Article, Illustration
      Bulk shipping companies get bankers' warning
      624 15 BANKERS have warned a number of bulk shipping companies that they face collapse, unless they cut losses on speculative expansion plans. The bankers have called for tough decisions from the companies, including the cancellation of newbuilding orders amounting to 58 million tonnes deadweight placed
      624 words
    • Article
      SHIPPING LIST where your ships are due ... and when
      6092 20 SHIPPING LIST where your ships are due and when 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
      6,092 words
    • Article
      Container Schedules
      538 21 CONTAINER TERMINAL RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO Godowns FCL OL Voy Arrival for LCL Movement Snip Date/Tune Operator Cargo Schedule Mode Peter Starostln 3CE 25.2.82 2100 S'pore Shpg 49 1700-1800 TT Roget 9EB 25.2.82 1200 Star Shpg 49 VC Pacific Exp 37N 25.2.82 0700 NYK
      538 words
    • Article
      WHO ACTS FOR WHOM...
      1635 21 The leading shipping lines operating from local ports and their sgents. A B A rMpiiisgi Shpg Singapore Shpf Agmcte* (S) Euro-Asia Line (PN KL PK) rwffaii Continental Feeders (S) Cargo Freight (PK) AFKA Singapore Shipping Agencies (S)/ Euro-Asia Um (PK PN) Um Tranagroup Pie Ltd (S).
      1,635 words
    • Article
      S Korean builders giving Japanese tough competition
      924 22 JAPAN'S shipbuilders, their confidence bruised as South Korea sharpens its competitive edge and entices away major world orders, are doing their best to see ahead as far as the next century. Financially scarred and with their capacity much diminished after the hectic years
      924 words
    • Article, Illustration
      SHIPS IN PORT
      567 22 arrivals KEPPEL WHARVES African Express (after Ellenburg) 13/14 Bunga Seta war (0700) 45 Frotabeira (after Regina Maris Must vacate 1500/25 th) 31/32 Linyin (after Chidambaram) 6/7 Nanpingihan (after Sea Princcss) 44 Pekin (Polish flag) (after Emerald) 35/36 Queen Elizabeth 2 (passenger) (1200) 46/47 Turkmeniya (Passenger) (0600) 3/4
      567 words
    • Article
      The Consortia
      187 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 (FAB EAST/EUROPE): Franco Belgian Services. "K" Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line.
      187 words
    • Article
      Feasibility study on merger of Bremen yards
      279 22 BREMEN'S two major shipyards, AG Weser and Bremer Vulkan, together with the senate of the city state of Bremen, have decided to order an independent study to analyse the future fate of the two yards. The study is to determine, among other things,
      279 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      299 13 Everett Lines FO« fHC MOST FRIQUEHT SAILINGS TO Bangkok hong kong JAPAN* BUSAN CHITTAGONG CALCUTTA CHALNA Rangoon BUENOS ARES MAN2ANILLO ACAPULCO J LONDON Freights n/m WEEKLY Freight 5......................................... n SHIPPING Schedule VHI/IX CONTAINER Schedules IX WHO Acts fer Whom IX SHIPS In Pert X REGIONAL Weather X CONSORTIA X \RI
      299 words
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      Page 13 Advertisements Column 2
      282 13 USEALORDH UASC UNITED ARAB SHIPPING CO SAG) la.ll*. 4 faii I EXPRESS MULTI-PURPOSE SERVICES ipn I Loading for Uma Qaboos (10/ i), Kuwait (23/3). Damnum (29/3), Bahrain (1/4), Doha (4/4). Abu Dhabi (7/4) Dubai (29/3), Jebd All (1/4), Abu Dhabi (4/4), Kuwait (7/4), Shuaiba (10/4). Damnum (13/4) Oubai (15/4). Abu
      282 words
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      Page 13 Advertisements Column 3
      373 13 *S WATCHES Of SWITZERLAND PTf lID MAERSK LINE EXPORT FULL CONTAINER SERVICES TO: VJB. PACIFIC, GULF, ATLANTIC. EAST CANADA, ASIAN PORTS r—4mr Twil {Port Kelanf I Pcnang Philadelphia Charleston MAERSK UMBO maersk MANGO mam mango MAERSK MANGO 27-21/2 13-14/3 27-21/3 10-11/4 24-25/4 5/5 23/5 1-2/3 15-11/3 25-30/3 12-13/4 21-27/4 10-11/5
      373 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      900 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD WISMA MISC, N0.2, JALAN CON LAY, P.O. BOX 371, KUALA LUMPUR 0449,, MALAYSIA. TEL' *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE QaßtabMl SarMC I Fi— tpaaa FtaM t Sport 1) 3) ffbwi 4) Gteri 1) Gtw| 2) (fburj 3) 6"wa 4) K4m 5)
      900 words
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      Page 14 Advertisements Column 2
      233 14 li SUPERCARRIER SERVICE FROM: US GULF US ATLANTIC EAST CANADA 181-IM'TI IH'II WI V 4 *7/4 7/4 *7/4 4/3 7/1 4/4 7/4 7/4 7/4 U/4 u/j n/4 *ii/« *a/4 *a/4 *a/4 17/3 H/l lt/4 *71/4 H/4 tV4 IV4 Wi w 'VJ 'M 'W VVB.-1 r ii/vtt TO: PANAMA US ATLANTIC
      233 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      676 15 I The Straits Steamship Group QCI Overseas Containers Limited CONTAINfRSHIP SERVICE TO UK- CONTINENT STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunai Porta and Bangkok 21/2 27/2 •3/3 M/ 3 13/3 IV3 19/3 21/3 21/3 a/3 •3/4 M/ 4 11/4 13/4 17/4 11/4 a/4 21/4 •4/4 M/ 4 14/4 13/4 21/3
      676 words
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      Page 15 Advertisements Column 2
      390 15 pTg Franco Belgian Services t t.* b \r» iff SB BAKME P HELMS Ittewt rtm NW| Mm I'm Nk IMB 17 Mb II Mb 22 Mb 23 MB 25 Mb 7Mb MM* »Mb Slkr »Mb 1% Mi U Iter Sft> an* 3% 4 i% lit i* 4<pr **r u% »Mb
      390 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      536 16 Hapag-Lloyd 0 (.OMIIWNI EXPORTS I to acctpM( tra III! I»!UI:1:I. c*|o tor CAMBKAN/WEST MMS «a Hamburg S port PK Pen BAao Genoa H'brirf B'kavtn Rdam Antwerp 5/3 28/3 5/4 1/4 30/3 Fatftr P Mmi Sport M lor* Btad •MM* 27/2 1/3 At bpnn 12/3 30/3 7/3 EktE*rta 12/3 30/3 B*
      536 words
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      Page 16 Advertisements Column 2
      332 16 KOREA SNIPPING CORPORATION STORE P. Ketone PENANG ALTAR 173W 16-18 Mar 19-21 Mar 22-24 Mar FROM BUS AN BANGKOK ALTAJR 174E 16-18 Mar 19-21 Mar 22-24 Mar TO BUSAN VESA 171W 3-5 Apr 8-S Apr 9-11 Apr FROM BUSAN BANGKOK VEGA 172E 3-5 Apr 6-8 Apr 9-11 Apr TO BUSAN
      332 words
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      Page 16 Advertisements Column 3
      548 16 EVERGREEN LINE FAR EAST/EUROPE CONTAINER SERVICE 1 ACCE?TMG Fa 8 ia CARGO FOR 1»/J 21/3 23/1 25/3 27/3 \Z 3 11/3 »/l 2/4 V« I** !VJ 1/4 1/4 11/4 12/4 14/4 V* 14/4 U/4 11/4 2t/4 21/4 ALSO ACCtPTMG La/Fa t FCL/FCt TO; S 1 S I ?L*** HUS "J™*®*.
      548 words
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      Page 16 Advertisements Column 4
      641 16 Burn* Five Star Shipping Corpn. "BURMESE NATIOMAL LINE' mmmrm tt> anm* gf l/Ste VM Mb KTU *»W 7/l| tci Kirs; F^. S s,^® wl,4,nM<rtayva BOUSTEAD SHPPtsIG Slff?. M6io PENANG C*mpama AffMtH* 0* H«»w«rnr IMitMMiMMri oWHSA=ss== "ARGENTINE NATIONAL LINE" LOAOMG FOR DURBAN MONTEVBEO BUENOS MRES Transport «aon Marrtima Max lean a
      641 words
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      Page 16 Advertisements Column 5
      166 16 •r J VBP wif 12L0.5.E. OCEAN SHIPPING 8 ENTERPRISES PTE LTD SANKYO LINE m SIW UNION LINE I cut an aw iHUniMKSI t* urn a am m n-mtnmu H» KYOWA LINE vj^'sssaffsgx TARAWA, KIRIBATI (OILWRTMUWD) 9 mwt m7a/vmi u 0 TAIYO MARINE LINE E 71 (rat Nnm, MAm, Dm S*iKt
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      Page 17 Advertisements Column 1
      872 17 PIL GROUP FULL CONTAINER SERVICE TO COLOMBO, HOOEIDAH. JEDDAH AQABA (Reefer Cntrs Acceptable) 1-2/3 4-5/4 t-10/5 13-14/6 EAST AFRICA/REDSEA SERVICE U<Uali Hnrfalriih fnrt j nootiain, ron suawi, i KOTA MAJU 2/4 Iter A—t>, Mdrt, HtxMdah, V.E-347 Pt Sudan, Aqaba, Daraaaataam, KOTA BCJATI 10/121 tor Bombay, Pt Sudan. Port Sua* V.
      872 words
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      Page 17 Advertisements Column 2
      750 17 1 i I BEN LINE CONTAINERS EXPRESS CONTAfO SOtWCE TO/FtOM EUROPE TOQMK *M*«l Uprt« jjjjjjn Ouka lay Wr«fci H«*G BNAKCN ROAM HAW SOTON Spor* P IMant* Germany Austria Antvtrp Franc* a/2 «/2 IS/3 a/3 n/J 21/) V 3 VJ a/3 a/3 IV3 iVJ 2/4 4/4 v« 7/4 met Al UK
      750 words
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      Page 17 Advertisements Column 3
      400 17 I Scan Dutch 9 WEEKLY EXPRESS CONTAINER TO MEPfUK/NC/SCAN ftgpyirp I 'jar mm mm »n mm* i/j 17/1 a/J WJ a/J imm kmiAsrin «cmr* »/i H/J n/J 9n s/i riai/i 1 awn 4/3 4 o*l* tnmss 7/3 VTUWM 14/1 H/l S/4 1/4 M 11/1 MBORII/3 I roMGA mmnsu/i imw n/i
      400 words
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      Page 17 Advertisements Column 4
      543 17 BOUSTEAD SHIPPING AGENCIES BANK LINE EXPRESS MDEPENDENT SERVICE TO UK/COOT SPORE R'DAM HULL HMBG SSS2WS 24 Mor 19 Apr 22 Apr 27 Apr COJAJANK 23 Apr 19 Moy 22 Moy 27 Moy IVYBANK 28 Moy 23 Jun 26 Jon 1 Jul Lykes/ 4 Lines U.S. GULF WRECT SERVICE WTO LYRES
      543 words
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      Page 18 Advertisements Column 1
      903 18 I—EXPRESS CONTAINER SERVICES TO NORTH AMERICA rbbbku* n tan* Wk ft a/2 M C/ 3 7/3 9* Kate Mm i*3 12/3 13/3 da accaptaMe to (MM. Kmc«mw, hrttand teuton. Galmton. No Orleans. Bhlm. St Mb. Maftbftta. «M, Mm* Savannah. Jackson** JAPAN-STRAITS-JAPAN »«sal Sport Poor* P Ma» MONIE EKRAU> «9 SU
      903 words
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      Page 18 Advertisements Column 2
      489 18 vie CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Ln*| tar lOS AMBLES SAM FRAMCBCO SUTUE. TACOM* MMCOUVEA B C hcctptnf FCI/FCI Cmtmn cortawer service" Acctptmj PCI/fCI Cwtanri P Keunj S'port MKt Met Sy4 Also acctpts T MOMT 2 Mm 3 Mar IS Mai 17 Mv ?3 Mar Fit* ■wmiunr MMv
      489 words
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      Page 18 Advertisements Column 3
      358 18 ft) JOHORE SHIPPING 153 jAiAN TENGKU BADAR PO«T KEIANG SELANGOR MALAYSIA J BINTULU m% CONTRACTORS FV I SDN. BERHAD 37. tmtrn«•» M Ukt brawl. It 577C3/20SCC Trim: MA ***** Express Car-Carrier/tO-KO Service to East Mator*a BKIULU NO. 1 ¥:4/«2 WIU.U NO. 1 »:5/«2 ■miu NO. i w/e Mfmu NO. 1
      358 words
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      Page 18 Advertisements Column 4
      553 18 KORINS MARITIME SERVICES R Room 601 ICB Building. Way Singapore Tel *****2? *****67 P Kelang Tel *****4'*****5 MIDDLE EAST/RED SEA/EUROPE SERVICES BIYANG NO. 13. HAEWOONO. 2 S'paro P. Kalang loadb* Far: h Pert D*bai/lran 10 Mar Mtiandria/Pt. It Mar Bandar Abbas/B. Khomeni Hi HMCHEONG. HAM Ki HAN SONS HAN BOH.
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      Page 18 Advertisements Column 5
      454 18 mrriHu TIMES, Wednesday, Feb INTRASEB (PTC) LTD. BREAKBULK SERVICE TO EUROPE/UK Spßt P.Mmi UatogMr M Part M BOMOOE/rBNMK (AMM) FULL CONTAINER SERVICE TO EUROPE/I't Sing spare Uadtai Mr A. FOQJTY m 123 30 Mar te4^/liw«w>/lf«dfc>/ Hutei/Mtwisii/Qbin Also accepting CwLaawrt to 6to«l/THprf/Latakia/Tarto*/ Mtiatoria/BagMad CT ALPAC UNESST" S port P KeUnj l»a*«
      454 words
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      Page 19 Advertisements Column 1
      507 19 12LNOL NEPTUNE ORIENTLINESLTC FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A Ol *Cf Consol'i STRAITS/AUSTRALIA RO-RO CONTAINER SERVICE fiw.T: Also accepting cargo to/from Bangkok and E. Malaysia USA CONTAINER SERVICE TO WEST COAST (USA)/CANADA We accept LCL Cargo. Eastbound To: Seattle, Oakland, S Francisco, Longbeach. Los Angeles, New York and Vancouver Westbound
      507 words
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      Page 19 Advertisements Column 2
      526 19 MALDIVE LINES HA ETA ETA SPORE KUANTAN PORT KELAN6 MALDIVE GRACE 1/3 Loading For Jeddah MALDIVE CREST 25/2 Loading For Hodeidah MALDIVE CARRO 26/2 Loading For Male MALDIVE NEKWOUR 18/3 Loading For Jeddah MALDIVE MTORTER 5/3 Loading For Mate MALDIVE PRIZE 6/3 Loading For Jeddah MALDIVE PIONEER 10/3 Loading For
      526 words
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      Page 19 Advertisements Column 3
      893 19 <& SINSOV SINGAPORE SOVIET SHPPMG CO PRIVATE LTD SMSOV BULOMG 55. Market Slreel Sncapore 0104 Telephone Number* *****3 (15 Lines) Cable Address SMSOV SMGATORE T*i Nunben RS ***** RS ***** RS ***** t KELAN6 M/S SHARK AT IMM SOON SON MD IST AND 2ND FLOW NO 1. IALAN C£MrtMNG. PORT
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      Page 19 Advertisements Column 4
      43 19 PEACE Li I iNIE REGULAR FCL/LCL SERVICES TO AUSTRALIA, NEW ZEALAND, HONG KONG wjmajßMwV mta> <• Umm) DIVISION or TME TNT WORLOIMOC GMUP Of CO*T««S REGULAR FCL AND LCL CONTAINER SERVICE TO: Australia Sydney, Melbourne, Frem&ntle, Adelaide, Brisbane Mtw Zealand Auckland, Wellington, Lyttleton, Napier
      43 words
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      Page 20 Advertisements Column 1
      474 20 AfJroiip SINGAPORE SHIPPING AGENCIES PTE. LTD Bb,-SbBArfCARSHIP«CARIf CARGOSHiP Ml ItcgiMal €oiit;iiiier Lilies 2_SAILINGS A WEEK to/from BANGKOK 525/53 M •MTAMA BHD IK/UN IJMIMBMUM OSS/MM 535/54N wm mm iu/um mm mm m/$m 545/55N MM 12S/IJM 2«* 07S/0M SIMM US/MM •Ml*** BUI 13S/14M •Mm acc** Fa cmtmm STOK Ml* bPt/24FM 24/24 FM
      474 words
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      Page 21 Advertisements Column 1
      197 21 EGYPTIAN IMTF BKI AtlPlK A I I IKJ f IF II INTERNATIONAL LINE EU EGYPTIAN FLAG N vWPPIW, V U i I[i ..«>V Mv i«' »»<. •<«<:: *<»,• H M Sir Kh,l ■m i-- S j |a APCUNE f" ANWUTAK PERTAMB<NQA7< CONTAINER UNE FULi CONTAINER SERVICE SMGAPOKE/rOMNG/SMGAPOK/MKMTA (TG. WOK) ME
      197 words
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      Page 21 Advertisements Column 2
      228 21 AFRO EURASIA LINE S.A. (INC. IN SWITZERLAND) FAR EAST KXAN OCEAN SERVICES Accaptmg ECL LCL Containers Span CokMibo tombn um tWHWHViI 3 Mat lta> 13 Mm 17 M» STM 3% 13Ap> 17% Aqents: TRANSGROUP PR'VATE LIMITED FOR BOOKINGS- TEL: *****11, *****21 CARGO SPACE AVAJLASLE ON M/FER FOR DAMMAM W/MAR FOR
      228 words
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      Page 21 Advertisements Column 3
      62 21 UNIVERSAL LINES LINER SERVICE ETA ETD Lm4r| Far A VESSEL 27/2 1/3 IMu, r limit i, Karachi BALTIC ORIENT SHIPPING PTE LTD Unrt 1308 Wfmitionji PUzi Amor Road S#>t»porf 0?07 TH ??***** ??0??33 ETO LINES DUBAI IMKLQa IMv lite OHM WOBII W3SEL LESS THAW 5 TEAK OLD OUfCT TRAHST TME
      62 words
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      Page 22 Advertisements Column 1
      366 22 iu AT r. P. W. GOOOWN NO. M General Survey on duni|cd cargo discharged ex the above v«Mri will be held em JSch February, 1982 u from 9 00 a.m. to I*o p.m. No further survey will be held after this date ■AISLN'EUF CO. (FT*) LTD L M: mart/mmm A
      366 words
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      Page 22 Advertisements Column 2
      328 22 Are you making full use of the Shipping Times as an effective selling medium? Tel. *****44, Extension 351 For further enquiries call: Tel: *****2 Ext. 38 or 39 Times Centre CkiMniN« T| mA( Financial Publications Sdn Bhd I, New Industrial Rood Singapore 1953. WI®J 31, Jalan Riong, KL 22-03 HEAP
      328 words
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      Page 22 Advertisements Column 3
      332 22 a PERKAPALAN LAUTAN MRU SDN. BHD. PO Box 220 KcXikcubilO Sahjh bojui ue satvia Sabah Strawik Bangkok Smgaporr p Vessels Penang PKlang Spore LAUTAN TKA ¥.1/82 20/2/12 2S/2/S2 LAI/TAN RAN Y. 2/82 26/2/82 1/3/82 LAUTAN EMM V.2/82 11/3/12 16/3/82 Kudat. Sandakan, Tawau KK Sandakan. Tawau SEALION SHIPPING (S) PTE. LTD.
      332 words
  • Page 22 Miscellaneous
    • Miscellaneous
      Page 22 Miscellaneous Column 1
      156 22 1 m Ti 4 e3C to A l -S«fc. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND*R Thunderstorm Temperature °C Shower Weather s-J Wind direction with speed in knots 'ja Wave height Cloudy Sky C cr'" Wind direction with speed in knots Wave height Cloudy Sky Suteee
      156 words