The Business Times, 26 October 1978
1978-10-26
1
18
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The Business Times
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Title Section11 1978-10-26 1 BUSINESS TIMES M.C.(P) No. 218/1/78 THURSDAY, OCTOBER M, lf» 50 CENTS11 words
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BRIEFLY...
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Article69 1978-10-26 1 A NEW multi-million dollar company, Hedemora Diesel (SEA) Pte Ltd, will start production of diesel engines between 600 and 2,700 hp in three months' time, RTS said last night The company Is a joint venture between Sembawang Shipyard and a Swedish firm, A.B.Hedemora Verkstater. A Sembawang Shipyard spokesman69 words
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Article52 1978-10-26 1 UPI BANGKOK, Wed. China has applied for membership in the Asian Reinsurance Corp. which is headquartered in Bangkok, said the official daily Trade News, today. China would be the ninth member of the corporation which includes Thailand, India. Iran Sri Lanka, Bangladesh, the Philippines, tan and SouthUPI - 52 words
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Article38 1978-10-26 1 Singapore Authority has signed a w SS° n Singapore Shipbuilding Engineering for the construction of six new Two ferries will be delivered by next Septem- pSa April IMO.The ferrieHSl Passenger traffic and cater to new services.38 words
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Article78 1978-10-26 1 BRUSSELS, Wed. Consumer prices in the nine European Common Market nations were 0.6 per cent higher in September than in August, largely due to strong price increases in Italy, the Nether£*L nmark the European Community's Statistical Office reported. The Eurostat report said consumer prices through September this78 words
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Article63 1978-10-26 1 GENEVA, Wed.— Mexico City will be the world's biggest metropolis by the end of this century with a population of some 32 million, the International Labour Organisation (ILO) said today. Like other cities in the Third World it faces the threat of urban stranguiation.Say Paulo, in Brazil, for63 words
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Article37 1978-10-26 1 Reuter WEISBADEN, Wed. West Germany's foreign trade surplus widened to 4.73 billion marks (5J5.35 billion) in September from 3.12 billion in August and compared with 3.68 billion last September, the Federal Statistics Office said.— Reu-Reuter - 37 words
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Article60 1978-10-26 1 UPI NEW YORK, Wed.— Prices staged a broad retreat on the New York Stock Exchange today as investors expressed uncertainty over PresidentCarter's anti-inflation programme. The Dow Jones industrial average of 30 industrials slipped 3.89 points to 828.65 in the first hour of trading.Declines outstripped advances, 952 to 210,UPI - 60 words
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Chief Price Changes
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Article135 1978-10-26 1 Rises Most active Ayer Hitam Tin Gu in neat 1150 580 +30 +20 S Darby 594,000 Ltd Plantation* 230 15 M Credit 413,000 CC M 510 10 UOL 156,000 Island A Pen 326 10 H Par 134,000 Taaek Cement 386 +6 M Cement 296 +6 Total Turnover:135 words
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Article, Illustration137 1978-10-26 1 Rises Most active Hong Leong A. Amal Roxy M. Banking 330 570 255 585 -30 20 -15 -15 S Darby Haw Par M Credit Conspiant SgSf O.C.B.C. 910 -15 Total Turnover :2.56m S. Land 227 10 Total Value :M$7.01m Negri Semb East Asiatic 296 328 -10 -10137 words
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324 1978-10-26 1 THE World's finanrt*! markets yesterday gave the thumbs down to President Carter's anti-inflation programme and wMr 4tat the US dollar crashed to historical lows yesterday against the Singapore dollar and the world's major currencies on foreign exchange markets while gold soared324 words
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839 1978-10-26 1 JOHN TAN - FRAUDULENT DEAL CHARGE BY JOHN TAN A COMPANY in the Mosbert group, now in liquidation, has filed a suit in the High Court claiming the sum of HK$l.3 million (*****,000) from three persons. The defendants named In the petition are Mr. Teo Poh Kong,839 words
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824 1978-10-26 1 RONNIE LIM - BY RONNIE LIM THE US Electrical Union's plans to influence the US government to conclude an orderly marketing agreement with Singapore to control exports of colour television sets was described as "absurd" by an official of a leading Japanese manufacturing facility here824 words
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252 1978-10-26 1 SIVA ARASU - ■y SIVA ARASU TODAY fc the Baal day ef the rixtk rwai rf afe aad MaUyiia* The'SaUy' heaw regarfleas ef whether a aew air eervtees agreeaeat to reached. "We are nsßag It a day/' said a Mslsyslaa delegate. "We have ether Matters to252 words
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487 1978-10-26 1 CONFOUNDING all the predictions of experts, speculative pressure on tin has driven the price of the metal to another record high. The Straits tin price surged to break the Ms2,ooo*-picul mark in Penang yesterday, and buyers had to pay an unprecedented $2,010 a picul487 words
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Page 1 Advertisements
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Advertisement9 1978-10-26 1 Samson ite creates OMEGA ©Samsonite ,h Eastern Aq< noes9 words
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Advertisement22 1978-10-26 1 SHIPPING TIMES LLjul Ulll M- SLA flights to MKMOPAD 2, CROSSWORD TV A RADIO I, BRBTOW 7, STRAWS 1, SHAKE PRICES It22 words
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Advertisement85 1978-10-26 1 m. SEE BACK PAGE If you think its impossible to have a tape that always has the right frequency; a head eleaner; jam- free deviee So a wider felt pad... xe will change your mind with mexeN tapes you can have all these problems solved plus the new epitaxial magnetic85 words
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TRADE AND INDUSTRY
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Article336 1978-10-26 2 FIDA OFFICE HERE BY SIVA ARASU MALAYSIA looks set to intensify its investment promotion efforts in Singapore from next month. A Federal Industrial Development Authority official will arrive here on Nov 7 to set up an investment promotion office at the Malaysian High Commission in Jervois336 words
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Article56 1978-10-26 2 Reuter RUBBER stocks in Singapore at the ead sf Asgast rsse to 57,717 tones (ram 44,487 tones la July sad 43»M1 tsaaes la A agist last year, Statistics Departmeat figures shewed. The Asgast stocks eemsrised 57,796 tsaaes sf dealers stocks agalast 44,481 tsaaes la Jaly aad estateReuter - 56 words
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268 1978-10-26 2 THE Malaysian government has invested a total of MH16.2 million in Pernas, Datuk Hussein Onn told the Dewan Negara, adding that Pernas through its eight subsidiaries had set up 69 companies. Of the total, 17 are joint ventures with foreign investors and 52 have268 words
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Article53 1978-10-26 2 THE Life As—ranee Association's first sales rongre—will be held at the Hyatt Hotel bxan Nov 15 to 17. Hie rongi f is aimed at pnhnivH thp d6V6lopiDfDt of life insurance marketAg. Two speakers than overseas will be brought in for the congress. In addition, there will be two53 words
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Article, Illustration285 1978-10-26 2 MR. BUI Magna, chairman of Ted Bate* Ltd, Singapore, took up residence in the Republic on Aug 1. He has been in the advertising agency business since 1962 and has had experience in all aspects of media research, sales promotion, and account and general management. Early in285 words
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191 1978-10-26 2 SINGAPORE Airlines to already starting to lay the groundwork for its forthcoming service to the United States. It is to link up with American Express which will he the airline's main tour operator far its new trans-Pacific service next April. Similarly, SIA has191 words
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Article120 1978-10-26 2 AFP A HONGKONG delegation led by Director of Trade Lawrence Mills has left far textile talks la Europe. Discussions will be held with Austrian and American officiate and with the European Economic Commisrion. The first meeting is with an Austrian delegation in London on OctAFP - 120 words
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406 1978-10-26 2 SOME 400 participants arc expected to attend a fourday conference on The Role of Small Industrial in the Aaean National Economies at the Shangri-La Hotel from Nov 30 to 21 Organised by Consolssia, the conference will bring together for the first time in an406 words
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233 1978-10-26 2 THE move by the Post Office Savings Bank to reach consumers at department stores and supermarkets may be restricted to the locations already selected because of space constraints. Managers of some of the stores not included in the pilot scheme quoted this as233 words
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Article139 1978-10-26 2 THE PHILIPPINE government has set the rates hotels can charge in order to prevent undue competition and ssfegusrd its investments in them. The rates, according to published reports yesterday, range from US$l9 (about Ss4l) for single occupancy and $23 for double occupancy in five-star hotels139 words
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Article145 1978-10-26 2 THE Singapore Girl Pipers, People's Association Military Band, a lion dance, a dragon dance performed by over a hundred people, martial arts demonstrations and the antics of a master of whips all these arepromised at the opening of the $70 million Bukit Tlmah Plaza this145 words
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Article459 1978-10-26 2 COURSES AND TALKS Oct 6-28: The effective executive, SIM, SIM Oct 17-31: Employee training and development, Holiday Inn, P.O.D. Oct 21 and 28: Telephone techniques and courtesies, SIM, SIM Oct 23-27: Work measurement and financial incentive schemes, SIM, SIM Oct 25-Nov 17: Business law, SIM, SIM Oct 26-27:459 words
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Page 2 Advertisements
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Advertisement49 1978-10-26 2 Felicitations to w in »a. 1 r 4» r fZ h* IV K Y A Wb* ><gM mi o;/« o ».vo; Yii L®. w>J >A»j 11 M "j k i GROUP OF COMPANIES Office Factory: 219 Kallang Bahru,Singapore 12.Te1: *****55(6 lines) Cable Address: 'TONGALUM' Singapore. TELEX: RS *****. u49 words
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Page 3 Advertisements
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Advertisement261 1978-10-26 3 fl I B I I I I i I i r ?3«SWJS x*. ft 4 -v wmm» i«.ri -Vb v M. ■'I 7' !Pr«'•'i i$& c > rlr -i -0 ssil < i aw > > rtegi *i"- > >- > "F ,*v Av': t.m >-:: 1 < m kpv*261 words
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RAW MATERIALS
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Article407 1978-10-26 4 IN Singapore yesterday, the morning session closed slightly higher with November One RSS buyers quoted at ***** cents per kilo, up 2.75 cents from Tuesday night's close, dealers said. Opening prices were marked up 3.75 cents on higher London advices and reports of late Chinese acceptances407 words
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Article334 1978-10-26 4 Prices In cents per kilo yesterday: Noon dose (1 Oer kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 250 75 251.75N ***** 252.0SM Int. 1 R.S.S. November 255.00 255.50. 254.50 255.00 Int. 1 R.S.S. December 259.75 200J5 259JO 200.00 Int. 2 R.S.S. 247.00 248.334 words
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Article88 1978-10-26 4 NOON SSR and SMR prices yesterday: ■AS Ncvmber (Cureat Mtfc) Seilen D (r■■j ■ward Mtk) en 8ellcn SSR 20 SSR 50 (1-ton pallet) (1-ton pallet) 235 00 233.00 f" Ml 237.00N 235 00N 237 J0 235JO its per k«) 239 50N 237JON MRELB fillatlM linn (1-ton pallet)88 words
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Article71 1978-10-26 4 C.I.F. North European ports, in US dollars per ton unless otherwise stated. LONDON: Tuesday Previous Malaysian 5Hffa bulk per tonne 610slr December 615slr Sumatra 5% (fa bulk October 652 .sir 64&slr November 635/MOpd 632'.sir December 622 1 1 /625pd 820slr pd January 610/612'pd610slr February 607' »pd March 602'ipd71 words
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Article35 1978-10-26 4 Rubber: Oct 26 Singapore: No v e m be r :254.50cents (up 2.50 cents) Malaysia November: 258.25 cents (up 2.25 cents) Tin: M 52,010 (up $34) Official offering: 177 tonnes (down 3 tonnes)35 words
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Article374 1978-10-26 4 DEALERS in the Singapore produce market were yesterday adopting a wait-and-see attitude in the light of circumstances ranging from the uncertainty of the US dollar and the concomitant differences in price ideas to the imminent shortage of certain commodities. Although dealing in coffee beans was minimal and attributed374 words
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Article143 1978-10-26 4 SUGAR futures in fairly quiet trading closed about 0.10 US cents higher yesterday due to the weak US dollar, dealers said. Traders were reluctant to enter the market because of uncertainty over the trend of prices. On the technical side, sentiment is bearish, although President Carter's request for143 words
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Article188 1978-10-26 4 LONDON terminal cocoa recorded first call losses against New York yesterday of £1 to 10.50 per tonne, having rallied fnab initial losses ranging to £6 Much of the market's underlying support stemmed from the current lack of producer selling, with the exception of the Ivory Coast, combined with problems188 words
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Article191 1978-10-26 4 YARN aad cotton In Hongkong dotterm. spot exjwimmm: mMn yarn Mk Blue pheonix 20 1.990, 32'g 2,730, Ws 2.9 X (per bale of 4B lbs) ptaea piii aUms butuetfly and globe brand unq; diife head unq five temba unq; flower aad butterfly unq flying feoe unq (per piece191 words
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Article189 1978-10-26 4 BANGKOK rice prices were luoted as follows on Tuessy: <In US dollars per tonne f.0.8. hasis Bangkok > While rte*: 100 pet Ist class 402, 100 pet 2nd class 387. 100 pet 3rd class 382. 5 pet 377. 10 pet 352. 15 pet 317. 20 pet 342. 25 pet189 words
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Article183 1978-10-26 4 THE Straits tin price yesterday rase M|M to a record $2,010 in Fenang on as official offering of 177 tonnes. Tin in LONDON yesterday was quoted at £7,00 for Three Months but was unquoted for standard cash and high grade in the morning. London tin on Tuesday day183 words
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Article300 1978-10-26 4 LONDON raw sugar futures opened £1.15 to 1.75 per tonne up yesterday. Dealers said the rather hesitant opening followed Tuesday's late kerb rise inspired by an upward reaction in New York to news that President Carter had urged the US Senate to swiftly ratify the US sugar agreement The300 words
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Article264 1978-10-26 4 LONDON robusta terminal opened £18 to 23 higher yesterday. Turnover totalled 330 lots. Dealers said the market had been expected to open around £10 to 15 higher based on New York but trade buying extended the gains. However, strength of sterling against the dollar coupled with generally rather bearish264 words
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Article161 1978-10-26 4 CHICAGO soybean futures ended sharply higher on Tuesday even though late pre-hedging and commission house selling pushed prices several cents from highs. Futures closed up 13-1/4 to 7-1/2 cents a bushel. Heavy local short covering in the final 45 minutes of trade lifted prices to highs. A late flurry161 words
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Article115 1978-10-26 4 CHICAGO wheat futures withstood late selling by a professional house to close 5 I t to one cent a bushel higher on Tuesday. Prices firmed throughout the session mostly on local buying. Traders noted that an export firm was a consistent bidder under the market in late trade. A115 words
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Article381 1978-10-26 4 LONDON copper wirebars finished the morning up CI-5 for cash and £2 for Threemonths yesterday. The steady tone was encouraged by overnight gains at New York although the relative strength of sterling against the US dollar prompted general premarket selling around 757 stg per tonne for Threemonths and prices381 words
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Article32 1978-10-26 4 LONDON lead closed the ring mostly £9 higher yesterday. Market talk of further Soviet demand prompted covering and fresh buying which took Threemonths hack through the psychological £400 per tonne barrier.32 words
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Article345 1978-10-26 4 THE kilobar in Singapore opened at SHS.7S yesterday and closed higher at $15,784. The Ugh and low were S$L5,Bll and 8515,687 respectively. The market was quiet. The London spot gold market opened at U5H28.30/.60 and cloned higher at U*****.90/20 The high was U5J230.30/60 while the low recorded at USSBBJO/JO.345 words
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Article55 1978-10-26 4 SILVER gained 2.2 to 2.1 pence In London yesterday. Values lifted In the [remarket reflecting the overnight close at New York and the strength in gold at the morning fix. But prices fell back in the ring under profittaking prompted by the late trend in gold. The turnover of55 words
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MONEY AND EXCHANGE$
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Article468 1978-10-26 4 THE US dollar saw all-time lows against the world's major currencies on the foreign exchange market yesterday. Opening at 181.70/80 against the yen in the morning, the dollar was sold to as low as 179.00/70 by London time. Even Bank of Japan suprt of the dollar did little468 words
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Article177 1978-10-26 4 Asian rates ASIAN currency deposit interbank rates as at close on Oct 25: USMwilSHt) Offer M 7<Uys 1 month 2 months 3 month* 6 months 9 months 12 months s via 9% 10% 11 11 11 NM (HkMb 9 3/16 0% 10% 10% 10% 10% Dm. Mm) l month 3177 words
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Article21 1978-10-26 4 THE average rate at which Singapore banka are currently prepared to lend to their best customers is 7.25 per cent.21 words
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Article51 1978-10-26 4 Euro rates LONDON Eurodollar deport rates One roth M/M yesterday Overnight M/lM-l/U Two mtha *-llU>»U Three mtha M-T/U.1M/M Thur» Pri J7JS-7 A Foot mtha U-U/UJM/tf Moa Tues U/XMi Five mtha 1ft-13 M.lft-U tf Call two day* H/4>1* Sis mtha. aiae mtha aad one year Seven day* fta and notice M/liM/51 words
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Article29 1978-10-26 4 BANKNOTE rata yesterday: Korea MM.K US 4.12/4.74 pwitjptan m/m UKIS/TS Safapare JJS/ta Banna 1JI/1JI Malaytfa 2.M/1M India 4J0 Bruart 2.07/2.M lartmtdi LM/L15 Thailand MJI/MJO Japaa UU/2.05 TWwaa 12JI/1XH29 words
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Article309 1978-10-26 4 THE dollar fell sharply' against most major currencies and gold soared to around US$23O an ounce on disappointment with President Carter's anti-inflation package yesterday, dtahis said. The US currency opened at L 7900/15 marks, 1.5110/40 Swiss francs, 179.90/180.10 yen, slightly higher than early indications, but substantially lower than Tuesday309 words
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Article220 1978-10-26 4 THE dollar closed weaker In nervous, cautious trading ahead of President Carter's announcement of his antlinflation programme on Tuesday, dealers said. They said the unit firmed initially on short-covering before retreating again once such activity was over. The mark firmed to 1.8075/85 from its t—«*«»e 1.8160/70 while the220 words
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Article181 1978-10-26 4 THE US dollar far overnight delivery pfcjf closed sharply lower at a post war low of 180 JO yen, compared with a IB 30 opening and 182.2 at Tuesday's close after strong central bank Intervention, dealers said. Dealers said the Bank of Japan bought an estimated $500 million yesterday,181 words
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Article61 1978-10-26 4 THE Monetary Authority of Singapore invites tenders for Treasury bills as foltows a)' $60 million 91- day Treasury bills to be issued at the option of the tenderer from Tuesday, Oct 31 to Friday, Nov 3. b) $15 million 182-day Treasury bills to be isned on Oct XL61 words
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Article32 1978-10-26 4 ZURICH cadMafH ch atag on Tue» IfclMia day: NkrtLMUUI USLSMMM5 Skr JM757-H71 Stf l OUMCTO LH1IK-UB CulW AMKkU.aUI Dmk M.Xi er PMUNHB DDT7JR-M SpriiUMB Fir II WHflt Aff 1.17-17 BtrSJBUM TaUMM32 words
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Page 4 Advertisements
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Advertisement16 1978-10-26 4 Prestige position Step right in to the biggest furniture showroom in town Open house tor all16 words
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OVERSEAS
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Article684 1978-10-26 5 Reuter THIRD-RANKED Chase Manhattan Bank became the second bank in the US to raise the prime interest rate on Tuesday by one-quarter point to 10'« per cent, the highest level since January 1975. The higher prime rate that which banks charge their most creditworthyReuter - 684 words
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Article233 1978-10-26 5 UPI PRESIDENT Carter sounded the death knell for four decades of Federal control of America's airlines, signing a Deregulation Bill that he predicted would spur inflation-fighting fare cuts. The bill opens the door to airline representatives who have camped out day and night atUPI - 233 words
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903 1978-10-26 5 Reuter THE West German central bank has expressed fears about the possible effects of the proposed European Monetary System (EMS) on West Germany's economy. In a speech to a West German employers' meeting, Bundesbank president Otmar Emminger said the intervention scheme set upReuter - 903 words
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Article141 1978-10-26 5 AFP JAPAN and Britain have reached basic agreement to jointly develop jet engines for commercial airliners. Disclosing this, the daily Nihon Keizai, said the two countries will set up an equal-partnership company for the project. An estimated 70 billion yen (SsB32 billion will be investedAFP - 141 words
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Article421 1978-10-26 5 Reuter PRIME Minister James Callaghan's British. Labour government is now openly split on both wages policy and the proposed European Monetary System, according to political circles in London. The rift was obvious following a joint meeting of the Cabinet and Labour Party's National ExecutiveReuter - 421 words
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460 1978-10-26 5 UPI THE rise of the Japanese yen against the US dollarwill not necessarily bring a windfall profit to American companies selling their products on the Japanese market, according to American economist James Abegglen. In reality, Mr Abegglen said in New York, their market sharesUPI - 460 words
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Article159 1978-10-26 5 NEW orders for durable goods in America in September were valued at U5571.52 billion (SJISO billion), seasonally adjusted, virtually unchanged from the August level of 171.58 billion, the US Commerce Department said. Industry categories showing new order increases were machinery, up $1 billion or 4.8159 words
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WORLD IN BRIEF
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Article546 1978-10-26 5 Agencies BRITAIN will probably repay US$l billion (SS2.I billion) to the IMF from official reserves in October, financial sources said. This transaction is expected to coincide with the addition to the reserves of $350 million this month representing the second tranche of an Electricity Council creditAgencies - 546 words
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Article615 1978-10-26 5 ARRIVALS Service Local Operator Number Time From SLA SQ240 1210 MES SAS SHOT 1235 CPHTHR/BKK SIA SQ201 1245 HLP THAI TG413 1250 BKK MAS MH684 1250 KCH GIA GA891 1255 AMS/FRA KHI/ am MAS MH651 1330 (MES)/PEN/KUL SIA SQ61 1340 BKK SIA SQ455 1310 BWN GIA GA900615 words
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Page 5 Advertisements
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Advertisement29 1978-10-26 5 I I 5 T"* r 4 a. s i he* t&Jwrw: ayh* vv- v -«_•> f w* ?C v jA M ,_jjr >, v.-*-r *1 V p >''? -''{fmA v "w, S»BP29 words
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Page 5 Miscellaneous
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Miscellaneous583 1978-10-26 5 TWO-M-OIE CROSSWORD I CRYPTIC PUZZLE ACROSS 1 Animal we confuse the seal with (6) 7 One unable to forget having big ears? (8) 8 Bird on a string? (4) 10 A rum athlete? (6) 11 Like Innumerable stories? (6) 14 The unique you (3) 16 Rabbit Island (5) 17 Is583 words
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486 1978-10-26 6 IT HAS become practically axiomatic that when President Jimmy Carter comes on nationwide television to announce his policies, a practice which he carries out with finesse, the nation will lose even more confidence in him. This has again happened to him. His antiinflation486 words
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180 1978-10-26 6 SINGAPORE companies have been making it to the headlines of late, locating themselves in such far off places as Sri Lanka and Bangladesh. News that Malaysia is to set up an investment office in the Republic is a timely reminder that many opportunities180 words
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Article, Illustration1901 1978-10-26 6 DAVID FISHLOCK - By DAVID FISHLOCK FT MR. JAMES REDMOND, director of engineering at the BBC, demonstrated a new kind of radio (or TV) receiver his research laboratories have invented, before a large audience in London last week. He took up a "lightFT - 1,901 words
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Page 6 Advertisements
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Advertisement248 1978-10-26 6 m 1^ 'Future Ceneratlon' Philippines t m ZSv A s u HenkellTrocken Just don 't miss them at the ion Bar while they are here Also on stage to a nonstop musical delight Sonny Bala I Tha New Moongtows Consternation Loun Tan 3-0 Faridah JOMptan* (from Phihppwai) The awarch/vinning sparkling248 words
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Page 6 Miscellaneous
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Miscellaneous65 1978-10-26 6 OUTLOOK for Singapore from 6 a.m. to noon today: Cloudy with occasional light rainin early morning. Report for 24 bears prior to 7.39 p.m. on Oct 25 at the airport: Maximum temperature 31.5 C Associated humidity 64 Minimum temperature 23.7 C Associated humidity 100 Hours of sunshine 4.90 Rainfall in65 words
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Miscellaneous250 1978-10-26 6 tv&radio SINGAPORE 5 PM Opening announcements followed by Star Performance The Wild Bunch Diary Of Events (Chinese)* Home Sweet Home (Repeat) with English subtitles* Intermission Opening announcements followed by What's My Line News in Brief* The Struggle For Survival (Repeat)* 7,00 Rampaian Sukan (Malay)* 7.30 News in Malay* 7.45 The250 words
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1172 1978-10-26 7 NOBUMITSU SAKURAUCHI - the development of very large-scale intergrated circuits (VLSI's) constitutes a national project, simi lar to the Sunshine Project which is aimed at developing solar energy. By NOBUMITSU SAKURAUCHI JEJ News Service FIVE giants of the Japanese electronics and computer industry, with massive government assistance,JEJ News Service - 1,172 words
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Article, Illustration250 1978-10-26 7 NEW HOPE for us coffee drinkers. A study has found no consistent differences between the heart disease death rates of heavy coffee drinkers and those who drank less or none at all. The study, conducted in Evans County, Georgia, was carried out by a sympathetic Dr.250 words
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226 1978-10-26 7 AUSTIN MORALS - {Letters to the Editor! AUSTIN MORALS ALL THOSE whe are living »r werktog far tram the Ceitral Baslaess District Had It ditflealt to •bUin sppUesttoa farms far sew ikue issaes. Frieods werktog to the CUD g esc rally are ■■■tor to ebtaia mare thaa a226 words
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Article209 1978-10-26 7 LAI PANG FEE - LAI PANG FEE I BEAD with interest the article by Miss Wang Look Keah aa the sabjeet of "Byte Sb«p in Sagapare" that M—l la of October 29. Mias Waag may aat kaaw thai, ap u> the present —ML there is already a grawtag number ti fttagaparcaaii who209 words
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844 1978-10-26 7 JOHN LEE - FORUM. r ...on deregulation k. 4 By JOHN LEE DEREGULATION has become one of the catchwords of business and political life today. Jimmy Carter and Gerald Ford both campaigned in 1976 with promises to reduce the burden of government regulation. There has indeed been844 words
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Page 7 Advertisements
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Advertisement350 1978-10-26 7 -wShwAet,! V J y BMatk New Japanese Restaurant KIKU^I serving authentic Japanese food ti lepfxin \ikki *TemfXira Shashimi *Sukivaki *ShalxiShalxj KIKU bight «p gozip Deepavali Come to Rant) Mahal on Sujkl.iv• < lowr 29 and savour a lavish Indian Buffet Pampff your fast* buds with our dele* table Indian Sweets350 words
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Page 7 Miscellaneous
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Miscellaneous42 1978-10-26 7 Bri Stow: Tfemk Dickers 3! o>ptrrLeSMiP PLRIKJ UWr IS IT R HPfc/RL muTiNV ON p* O'lop\C Su4< TUe 6\Smp»RCK STUFF P DC*VT 1 u*WT or\e. TO nw ITS ABOUT ThHS 6ON/ING cueac tmp^T L£ADS Pi feRND OF £piBBITS iM ,OF P> Mft\fe.N42 words
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INTERNATIONAL STOCK MARKETS
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Article809 1978-10-26 8 NEW YORK STOCKS lost ground In moderate trading on Tuesday as nervousness developed ahead of President Carter's scheduled anti-Inflation address to the US. Analysts said the market remained wary of surprises, though it has discounted most of the basics of the plan, which have been disclosed809 words
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Article79 1978-10-26 8 Reuter INTERNATIONAL Telephone and Telegraph (ITT) said it signed a definitive agreement with Qume Corp., setting terms under which Qume will join the ITT system. The agreement calls for exchange of one ITT share for each Qume share, in- volving the issue of about 4.7 million ITTReuter - 79 words
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Article399 1978-10-26 8 GOLD shares were easier In quiet trade on Tuesday, reflecting lower bullion prices. Losses ranged from a lew cents In smaller prices shares to 129 cents In heavyweights. Mining flnanclals followed producers lower. De Beers was 10 cents lower at 775. while Anamint traded at 7050 8050). The easier399 words
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Article38 1978-10-26 8 Reuter DUVAL, the mining subsidiary of Pennzoil Co., said it increased its price for copper cathodes one US cent per lb, to 70.00 cents with immediate effect. There will be no changes in existing shape differentials. ReuterReuter - 38 words
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Article550 1978-10-26 8 TOKYO Source: DBS-Daiwa THE MARKET opened firm yesterday Owing to the uncertain movements or the yen rate and margin debt balance increasing, non-margin issues and margin Issues with small debt balances were bought. Investors, encouraged by the recovery of the tanker market, bought shipping Issues. Because ofSource: DBS-Daiwa - 550 words
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Article408 1978-10-26 8 BANK stocks continued to firm yesterday, but some Industrial and mining leaders lost ground, dealers said. The Bank of NSW added another 12 cents to A 57.80 ahead of annual results later In the week, while the CBA rose eight cents to *2.58 and the National and the CBC408 words
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Article433 1978-10-26 8 THE listing of the new HK Land 8 per cent bond nil paid loan stock with warrants confused trading yesterday morning and buyers were verv selective tending to ignore blue chips. Old favourites again moved ahead HK Wharf up HK$l 25 to $30 50, China Provident II to $31.50.433 words
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Article176 1978-10-26 8 THE market closed mixed yesterday, with commercials posting slight gains while oils and minings declined, dealers said. Turnover fell to 10.47 million pesos from Tuesday, 11.00 million. Losers were Atlas Con B, Phllex B. Oriental B. Phil Overseas. Pogel. Sea front, and Meralco while PLDT and San Miguel B176 words
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Article629 1978-10-26 8 EUROPEAN MARKETS ZURICH share prices were higher on Tuesday, with buying fuelled by yield considerations In view of the lower Interest rate trend on the capital market. Among banks. Bank Leu bearer. Union Bank of Switzerland bearer and Credit Suisse bearer were firmer. Among flnanclals OerllkonBuehrle rose. Insurances629 words
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Article183 1978-10-26 8 OCT 24 Francs Actions Sulsses 266 1 Alusulsse Br 1020 25 Alusulsse Reg 467 +2 Brown Boverl Br 1530 -S ClbaQelgy Br 965 10 Ctbe Gelgy PC 745 10 Clba Gelgy Reg 580 I Credit Suisse Br 2190 15 Credit Suisse Reg 418 1 Elektrowatt Br 1785 15 George183 words
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Article237 1978-10-26 8 OCT 14 Fls ABN 361 00 2 5 Ahold 114 00 19 Akio 30 20 0 4 AMEV 87 00 0 4 Am fas 101 00 ♦4 Amrot Bank 75 50 1.5 Bergoss 62 00 -0.7 B*rk 32-00 -1 Bo Is 72 50 0 5 BorsumlJ ***** -4 Burhmann237 words
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Article287 1978-10-26 8 OCT 24 Frs CORBEILLE Alr-Liqulde B S N Gervals Danone C S F (Thomson Csf) Cie Francaise des Petroles Compacnle Financier* Compagnif General* Credit Foncter De France Hachetle (Libralrte) Machines Bull Mlchelln(B) Part has Pechlney Clflne Kuhlmann Pvufcot-Citroen Philips (NvOem Bezlt) PrintempsSA Rhone- Poulence SA Royal Dutch SueziCle Finan287 words
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Article230 1978-10-26 8 OCT 14 Dm Arf-Telefunken Akzo Allz Leben Alte Vers BASF Bay H T Wbank BayVbank Bayer BBC" BMW Cassella Chem Verw Commrnbank Conll Qumml Daimler-Benz Degussa Demag Deutsche Bank Dresdner Bank Dt Texaco Dyckerhoff ST A Enka Olanzs Gelsenberg OHH Ha pag-Lloyd Harpener Hoechst Hoesch Horten Kali Sail Karstadt230 words
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Article212 1978-10-26 8 Oct n Bate Bangkok Bulk Bank of Ayudhaya Lid Bangkok Metropolitan Bank Thai Commercial Bank Thai Danu Bank Thai Farmers Bank Industrial Finance Oocp Bangkok Investment F1 848 Oeneral Finance Lee Kwang Ming 388 312 unq 398 382 2,895 418 84 488 10 ♦32 28 120 ♦4 Trust Raja212 words
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Article452 1978-10-26 8 Reuter LOCKHEED Corp., one of the largest aerospace concerns, in the US reported sharply lower profit for the third quarter and nine months. The company attributed the decline to a variety of factors, including continued losses connected with its L--1011 TriStar commercial transport programme, 14 fewerReuter - 452 words
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124 1978-10-26 8 Reuter THE Sperry Rand Corporation posted a 31 per cent profit increase in the second fiscal quarter, ended Sept. 30, as a result of strong sales in computer products, farm equipment and guidance and control items. The company said its profit was U5552.3Reuter - 124 words
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Article71 1978-10-26 8 AP CHRYSLER is raising the showroom prices of the Japanese-built Dodge and Plymouth sub-compact cars it sells. Some optional equipment will also cost more. The increases average US$ll4, or 2.4 per cent, while the average price of the optional extras will go up $30, or 4.9 perAP - 71 words
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Article1590 1978-10-26 8 October 24 CHICAGO Board Options Exchange volume eased to 132,213 contracts on Tuesday, from 163,917 on Monday. OPTION8 JAN APL JLY STOCK Alcoa 40 7 1/2 02/4 NOL 41 Alcoa 45 41/0 51/3 UNTRD 41 Alcoa SO 11/0 31/3 UNTRD 47 Alcoa UNTRD UNTRD 1 41 Am1,590 words
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Article334 1978-10-26 8 SHARE prices closed moderately higher on Tuesday in active trading, reversing a sevensession decline. The composite index was up more than two points with advances in 11 or its component groups The papers, real estate and communications groups recorded the largest gains. Advances outnumbered declines 239 to 220 Among334 words
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Article64 1978-10-26 8 FINANCIAL TIMES INDUSTRIALS Tuesday 496.5 Monday 495.6 Week Ago 496.5 DOW JONES AVERAGE INDUSTRIALS Tuesday 832.55 Monday 839.66 Week ago 800.34 LONDON DOLLAR PREMIUM Monday T9 to 79 1/2 Friday TO 1/4 to TO 3/4 H.K.HANG SENG Tuesday 670.35 Monday 606.75 Week ago 663.05 SYDNEY INDUSTRIALS Tuesday 464.7464 words
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Page 8 Advertisements
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Advertisement62 1978-10-26 8 Grand Business Opportunity Clearaace Sale FORMICA Brand Made in U.S.A. vinyl wall fabric, in double rolls 60 cmx I I metres. Total 1,360 rolls in 50 different colours/designs. Plus 150 bags adhesive FREE. The Lot: 5516,000 only Give-away price. Profitable investment. Goods in ex-factory condition. For inspection, further details, contact:62 words
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INTERNATIONAL COMPANY NEWS
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Article127 1978-10-26 9 AMFAC, the retail stores and food group, is having a good year. Mr. Henry Walker Jr., chairman and chief executive, said it is difficult to see earnings of less than US$3 a share for 1978. Last year, Amfac earned $16 million, or $1.22 a127 words
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Article70 1978-10-26 9 AFP TEXAS International Airlines announced it was acquiring a further batch of shares in National Airlines, bringing its total to 22.5 per cent, which compares with Pan American World Airways's 20 per cent. Both companies are trying to take over National Airlines. The official CivilAFP - 70 words
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Article29 1978-10-26 9 Reuter INTERNATIONAL Business Machines Corp (IBM) has declared a quarterly dividend of US$2.BB per share for the third quarter, payable Dec. 9, on record Nov. 8. ReuterReuter - 29 words
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655 1978-10-26 9 N.AMERICAN Reuter ATLANTIC Richfield Company (Arco) and Gulf Oil Corporation have reported improved third quarter profit compared with the similar period a year ago. Arco, which credited higher profit from the sale Of petroleum for the improvement, posted a profit of U*****.5 million, orReuter - 655 words
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691 1978-10-26 9 f EUROPEAN A FT BL-formerly British Leyland has submitted its £280 million (Ssl.2 billion) programme to double output of the highly profitable LandRover and Range-Rover models to the National Enterprise Board. Mr. Michael Edwardes, chairman of BL, announced this at the InternationalFT - 691 words
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360 1978-10-26 9 FT RICHARD Cos tain (RCL), the international construction group, plans a complicated company reconstruction which will win it two years of freedom from dividend controls. RCL proposes to form a central holding company, Costain Group Limited, to acquire all the issued shareFT - 360 words
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Article196 1978-10-26 9 Reuter MARINE Midland Banks Inc. said shareholders voted more than 95 per cent in favour of the previously announced agreement with Hongkong and Shanghai Banking Corp.(HSBC). Under the agreement HSBC has already pur* chased a US$lOO million 7-V« per cent subordinated note from Marine Midland.Reuter - 196 words
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Article55 1978-10-26 9 Reuter AVON Products Inc.third quarter earnings per share came to USBO cents (68 cents) on net profit of $46.5 million ($39.5 million). Sales were higher at $466.4 milion ($380.9 million). Nine-month earnings per share came to $2.19 ($1.78) on net profit of $127.1 million ($103.3 million). Sales wereReuter - 55 words
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296 1978-10-26 9 w ASIAN Reuter UPI ISUZU Motors Ltd., the largest maker o( diesel engine-equipped cars in Japan, said it has revised upwards its after-tax profit forecast in the current business year ending this month, to about 13.0 billion yen from a previous 12.4 billion estimate onReuter; UPI - 296 words
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162 1978-10-26 9 Reuter HITACHI Ltd said it will report good business results for the first half-year ended Sept. 30. The company declined to elaborate, but the economic daily, Nibon Keizai, said Hitachi's after-tax profit in the first half-year rose 13 per cent to about 17.00 billionReuter - 162 words
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Article155 1978-10-26 9 THE FIGHT for control of Western Australia's only fertiliser manufacturer, CSBP and Farmers, has been thrown wide open again with the reversal of an earlier decision by the Trade Practices Commission (TPC). The TPC has decided to grant Westralian Farmers Cooperative, an authorisation to acquire155 words
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Page 9 Advertisements
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Advertisement795 1978-10-26 9 *»cun6e* ha ring bean sold, this announcement appears as a matter oi record only. Bank of Tokyo (Curagao) Holding N. V. U.S. $30,000,000 Guaranteed Floating Rate Notes due 1993 unconditionally and irrevocably guaranteed by The Bank of Tokyo, Ltd. (Kabushiki Kaisha Tokyo Ginko) S. G. Warburg Co. Ltd. Commerzbank Aktiengesellschaft795 words
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DEALS DONE ON THE SES AND KLSE
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Article1303 1978-10-26 10 altar prteaa offtetalb h*tad MlSHai in and reported to the MotffcliiMt at gWMow y*at*rdaylgfihe number ofinaree traded ilwMfMl bracket* in lata of 1009 untta aMMi atltanrtac specified Kwgftm Settlement Contract* ara quoMB altar Uw word "mux." MM daal (tn lota of I.OW unlUIOMMM after the tetter* BB aw*»-1,303 words
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Article73 1978-10-26 10 4 V 4% 11/VM (250,000) (M.908 100.058) «%TF 1/VM (250.000) (100.158 100 308) 5 V 4% T P IWBI-M (250.000) (102.008) 7 1/4% 14/14/84 (250.000) (100.75B) 7 1/4% 15/4/84 (250.000) (100.75B) S 1/2% T F 15/VB7 250.000) (100.555) 7 1/4* 1/5/87 (250.000) (100.70B) J' 4 T F 'V4/»l73 words
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Article90 1978-10-26 10 BTRIKINO price* of the stock options officially listed on the Stock Exchange of Singapore, the periods. Ma and offer prices and business done yesterday with the number of options traded shown In brackets. C AND C (C»C $4-40) (I.C3S) (3) 1 60 HUME P E (DEC *1-55) (0.41890 words
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Article147 1978-10-26 10 SINGAPORE UNITTBUCT MC8MKB0N D UNIT (MaMpn* prttas tar Oet 19) (Carnal pr Income Band less) The Commerce 2 36 LSI 107 1.13 The Saving Fund 1.4B 1.57 S pore Prog Fund 1.M 1.14xd S pore Sec. Fund 1T 2.09 KA FUND tar Oet M) S pore Invest Fund147 words
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Article2469 1978-10-26 10 1971 High L«w Company Last Sale +<wGr'i Dfar Dhr Cw Qr't Net YH P/E v Day (•888) High Law SECTION ONE INDUSTRIALS m s 219 326 245 060 132 Acma 123* Alcom 112 Allied Choc 133 BAT 195* Bata 80 W Ben 162 BerJ&ya Kawat 173* Boustead2,469 words
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Article1579 1978-10-26 10 BID and offer prices officially Hated and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded thown In brackets In lots of 1,000 units unlees otherwise specified. INDUSTRIALS AJinamata (2.578). Alaam (1.978 1.988) (1) 1.09 (1) 1.98 XD. Ala*1,579 words
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Article, Illustration670 1978-10-26 10 SHAKE prices MM pere suck market lapsed Ma lethargic state yesterday. At the apenlag, there was a brief rally la selected stacks. Certala stacks had keea keavlly sappsrtoi the previses day and tMs had hat BfiMtty. The hsUs their lavesters past—lag ta stay sa670 words
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Article525 1978-10-26 10 ON the Kuala Lumpur stock market yesterday, share prices tended weaker in quiet trading on increased profit-taking over a wide (root. However, market activity was concentrated on investment stocks for the greater part of the day, but trading lacked volume. Conditions during the morning session525 words
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COMPANY NEWS
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Article792 1978-10-26 11 MEAGRE BUMIPUTRA SHARE BUMIPUTRAS in Malaysia hit been presented with the reality of their portion in the country's —Mm industry. As of Sept 30 this year, they were owners of leas than Ms4oo million or 2 per cent of the $18.9 billion worth of792 words
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131 1978-10-26 11 YEO Dap Seng's slier to suinlit) the wMs of Ike Lesng Bii^ia?nnl (U&OMjuMtoen declared The nmpssy snM tt re-gia-as is gave ISO ordinary fl SUTIVMJB™ eaSTtar every MM shares sf a The smiiptanrißS represented MJB per eesrt ef L£N*s Issued enpttel. However, YHB131 words
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426 1978-10-26 11 FOLLOWING the recent bid by Multi-Purpoae Holdings (or the remaining outstanding shares of Plantations Holdings Ltd (PHL) which it does not already own, international brokers Laurence Prust have advised shareholders not to accept Multi-Purpose's offer when it is made but remain as minority shareholders.426 words
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Article456 1978-10-26 11 Current Ex Booka Dnte Total for Total for Payment Dnte Close Pnynble the year Prevloua year Alcom 6* I Sept 27 Oct 7 Oct 27 6* 15* S. Finance 9* Oct 10 Oct 17 Oct 27 9* 12 M Breweries 18% Oct 16 Oct 23 Oct 28 26*456 words
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Article219 1978-10-26 11 Company Particulars Ex Data Booka Cloaa MBS Bonus Issue of 1 for 5 Oct 10 Oct 28 Hcriatv Rights issue of 1 loan stock for 2 ord-shares Oct 17 Oct 24 Rothnans Bonus Issue of 1 for 4 Oct 16 Oct 28 Carta berg Bonus Issue of 1219 words
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LATEST RESULTS
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Article47 1978-10-26 11 Group pre-tax profit of $8.77 million ($10.29 million) on turnover of $96 million (196.5 million) (or the six months ended July 31, 1978. After tax profit: $4.94 million (15.67 million). The directors have declared an interim dividend of 45 Malaysian cents (4.5 Singapore cents).47 words
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Article, Illustration936 1978-10-26 11 MANO SABHANI - By MANO SABHANI CONFRONTED with a shrinking and highly competitive market for bousing loans, the Sngapura Building Society (SBS) is intensifying its efforts to secure a foothold in other more lucrative areas of financing. The latest and most exciting thrust in this direction936 words
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Article, Illustration392 1978-10-26 11 MALAYSIA Mining Corp Bhd (MMC), Tronota Mines Malaysia Bhd and the Perak State Development Corp have agreed on a Ms 37 million Joint venture to mine about 400 hectares of land near Ayer Kuning, Perak, an MMC spokesman said. The mining area, known392 words
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232 1978-10-26 11 INTRACO has entered Into a joint-venture agreement with Daimei Plastic Company of Japan which recenly established a plastic injection moulder plant in Singapore. The new company, Daimei Plastic Singapore Pte has an authorised capital of $4 million and a paid-up capital232 words
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Article137 1978-10-26 11 MEGA CkcalMli Bid: AGM to be held at Wisma Mega, 2nd Mile, Jalan Batu Tiga Lama, Klang, at 11a.m. on Oct 36. uWTAn Floor.UMBO BuikHng.22, Malacca Street Singapore at 12 noon on Oct 3L (M* IM: AGMto beheldat Virgina Park, Jalan University, Petaling Jaya, at 11.00 a.m. on137 words
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Page 11 Advertisements
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Advertisement430 1978-10-26 11 This Months New Penguins THE HEALERS .__ART__ "~Enc I Cawll The Pumpkin Eater: Penelope Mortimer Humour, poetry and heartbreak run hand-in-hand in Penelope Mortimer 1 story of a mother's emotional breakdown and her husband's estrangement. The Pumpkin Eater with its vision of the strength and frailty of woman, is among430 words
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811 1978-10-26 12 Our Reporter - By Our Reporter THE WORLD tin industry is balanced delicately on a tightrope between demand and supply. Total mine production is just about equal to aggregate consumption, raising hopes that there will not be a deficit in the supply position this year. It811 words
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Article173 1978-10-26 12 AFP THE final bill for the Asean fertiliser plant to be built in Aceh, north Sumatra, due fcx* completion in 1983 may reach US$32O million (Ss6so million) or 10 per cent more than originally agreed, Indonesian Minister for Industries Abdul Rauf Suhud said yesterday. TheAFP - 173 words
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Article214 1978-10-26 12 Reuter AUSTRALIA'S Deputy Prime Minister Doug Anthony yesterday left for Hongkong en route for China on a mission aimed at mapping out the course of Sino-Australian trade in the *****. Mr. Anthony and a party of leading businessmen will spend nine days in China forReuter - 214 words
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136 1978-10-26 12 Reuter THE AUSTRALIAN government has decided to withdraw plans to tax part of the income earned overseas by Australian companies and citizens. Political sources in Canberra yesterday said that Treasurer John Howard told a meeting of government parliamentarians he had been very impressed with evidenceReuter - 136 words
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Article487 1978-10-26 12 Reuter HONGKONG'S foreign exchange and stock markets have not discounted a possible rise in local interest rates, but dealers and brokers are divided on what they think the outcome of today's Exchange Banks Association (EBA) meeting will be, analysts said. They said the regular monthlyReuter - 487 words
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Article819 1978-10-26 12 LONDON, Wed. Share prices fell today due to uncertainty over pay disputes and government pay policy, dealers said. At 3 p.m., the Financial Times index was 5.9 down at 490.6. Mining shares continued firm in line with the gold bullion price, while Canadians and Australians eased. US issues819 words
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306 1978-10-26 12 BDK3APOBE will mm he aMe to Ut the VtotaoM aJrtrdl after CieehMlmkiu elvll avtattoa aathertty WhM the aew service begin, tt will he the Brat direct air Bak betwem This weald seen to Made mtimtlj by the leaden tt beta eeaatvtos thai ■MMiie306 words
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575 1978-10-26 12 PRESIDENT Carter's antiinflation package was disappointingly weak and will do little to halt the dollar's slide, economists and foreign exchange dealers in New York said. The dollar's very recent stability and slight recovery were based on expectations in some quarters that Mr. Carter would introduce575 words
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196 1978-10-26 12 Reuter THE US wants Increases of between a quarter to three quarters of a percentage point on minimum interest rates for government-back-ed export credits, the head of the US delegation to the OECD export credit talks, Mr. Gary Hufbauer said. TheReuter - 196 words
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Article65 1978-10-26 12 LEADING Singapore rubber traders said they were unaware of any rubber production losses in Peninsular Malaysia caused by bad weather in the southern states. They were commenting on London reports citing rumours that unsatisfactory weather in some areas of Peninsular Malaysia was adversely affecting production. Weather in65 words
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Page 12 Advertisements
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Advertisement44 1978-10-26 12 MALAYSIAN CO. SEEKS JOINT-VENTURES; AGENCIES A WELL-MANAGED FULLY EQUIPPED MALAYSIAN BUMIPUTRA COMPANY SEEKS AGENCIES, JOINT VENTURES, REPRESENTATION AND ANY OTHER MUTUALLY PROFITABLE PROPOSALS PARTICULARLY IN THE OFFSHORE. CONTRACTING AND TENDERING FIELDS. FOR FURTHER INFORMATION PLEASE WRITE TO: BOX NO. 1002 BUSINESS TIMES, K.L 01-02.44 words
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Advertisement348 1978-10-26 12 The LIFEj Library Of Photography helps you to see great picture possibilities Hr, K> h all around you... H n*. f r r The Life Library Of Photography Each volume measures 70'/< x 70V< inches (26 x 26 cm). Hard cover, silver stamped black cloth binding. 240 pages. Approximately 300348 words
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SHIPPING TIMES
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PORTSIDES
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Article112 1978-10-26 13 Lloyd's List THE Multiport Ship Agency Network will hold its first general conference in Athens on Nov 7 and 8. The present 14 members covering 62 agency offices will meet to review the results of the activities since the concept was initiated some 18 months ago. TheyLloyd's List - 112 words
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Article85 1978-10-26 13 FOUR European shipping lines plan to increase the frequency of their container services to the US West Coast and to move their operations from Rotterdam to Amsterdam. The decision to move has been taken because Amsterdam is a smaller and more flexible port. Lloyd and the French85 words
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Article75 1978-10-26 13 Reuter THE BRITISH National Union of Seamen (NUS) has been offered a pay rise of 5.6 per cent by the General Council of British Shipping (GCBS) on behalf of UK shipowners, a spokesman for the GCBS said. The NUS considers this insufficient and has asked for theReuter - 75 words
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539 1978-10-26 13 RAHIM KASSIM - By RAHIM KASSIM THE MEDAFRICA Line, which inaugurated its Far East-Nigeria service this May is already planning to add another service to the route this time to other West African ports. Medafrica currently provides a fortnightly service to Port Harcourt and a monthly sailing539 words
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Article246 1978-10-26 13 Washington Star THE US Coast Guard has begun its formal investigation into the' last week of an Argentine freighter with a service cutter on a training run that left up to 11 persons dead. The Coast Guards' marine board of inquiry, which opened its probe on Tuesday inWashington Star - 246 words
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Article481 1978-10-26 13 Shipping Aconas ACS Afea Alpac ANL APL Anhsing Arya Nat ASCL Angkutan Aust.Cont P**e m n IV IV i m n n m in IV CaL 2 5 2 5 1 2 5 5 5 4 5 SMppUg MISC MOL Namyang Nat .Shpg(Pak) Navitrde Nedlloyd NOL Norasia NYK P*ge481 words
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Article, Illustration134 1978-10-26 13 THE East Asiatic Ctmpuy will Mgmeit its trans-Pacific service with the newly built multipurpose vessel, MS S*rg9dh* which left the Danish Nakshov Shipyard early this month. The dwt vessel, the second of six line replacement vessels ardered (ram the yard, is an its way134 words
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Article113 1978-10-26 13 Reuter FRENCH ports were practically paralysed on Tuesday by seamen and dockers striking for better pay and conditions. Apart from these demands, the seamen's unions are also protesting against the hiring of lowly-paid foreign staff mainly Asians on French ships. The strike began last weekend. Meanwhile,Reuter - 113 words
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4945 1978-10-26 17 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 Port4,945 words
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Article114 1978-10-26 17 The major shipping consortia operat- ing between the Far East/Europe j and Straits ports/Australia and the member lines. ACE (FAR EAST/EUROPE): Frknco Belgian Services. •K' Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line ANRO (STRAITS/AUSTRALIA): Australian National Line Australia/Straits Container Line Nedlloyd Lines Neptune Orient114 words
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Article895 1978-10-26 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the895 words
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Article887 1978-10-26 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Aconas Line— Aconas Sdn. Bhd. Adriatic Container— Container Feeders. AFEA Line— Singapore Shipping. Ahli Shipping— Sharjah. Alfred C. Toepfer Line—' Intermodal. Algerian National Line (CN AN)—Unipacific. Alpac Line— Intrasea.887 words
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Article132 1978-10-26 18 Reuter TALKS m ike Great Lakes skipper iipato were uderwiy agala mi Meaday after kreaUag dewa ever wages late Saaday evealag. Mr. Lee Beavler, spekesmaa fer the Caaadlaa Lake Carriers' Asseeiatisa, said dttfereaces aver wages are aet large kat aeither side seems wllllag to badge.Reuter - 132 words
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300 1978-10-26 18 TALKS BETWEEN the Port of London Authority and its trade unions about one-in-four man-power reductions at the port's upper docks were continuing on Tuesday night. At what is intended to be a final session before the plan goes-before a full300 words
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Article149 1978-10-26 18 UPI ACTIVITY in the single voyage sector gave way to increased time charter trading as several more longer terms bookings came to light. Chinese charterers set the pace by taking a 23,189-dwt grain vessel for a trip to China after Oct 27 Nov 10 delivery at Montreal atUPI - 149 words
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Article808 1978-10-26 18 THE MARKET is more active with rates increasing due to pressures by owners to improve their profitability, plus adjustments caused by the weakness of the US dollar. It has been reported that 20,000 tonnes of bagged fertiliser has been contracted at the rate of USSIB.SO (5539.50) fio808 words
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Article, Illustration385 1978-10-26 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Aegis Sonic (1800) 3/4 Eternal Moon (0700) S Eugenio C (0700 after Golden Jade) 44/45 Hrvatska (after Nippon Maru) 1/2 Kawana (0700 after Bunga Seta war) 19 Kimko Stork (after Phemius Barge Hwee Lee No. 2) 35 36 King Tower (0600) 22385 words
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Advertisement377 1978-10-26 13 Barter sue sea DIRECT DIVERSIFIED DEPENDABLE SERVICES TO/FROM USA AND CANADA Agents Barber Lines Singapore Pte Lid Harrisons A Crosfield Kuala Lumpur Pernas-MiSC Penang Tel ***** Jwt MMI/I Tel ***** w Orient Overseas Ccmici*teA Line HJMME CONT MO 12* OtOTM. KXMOO 4W S.OASMKE IW ■mac COML IM OCYAID PMI 13*377 words
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Advertisement281 1978-10-26 13 sail SEALORD ANTAH Im UASC 3 UNITED ARAB SHIPPING CO (SAG) U 11 All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability. J 'ARABIAN GULF WEEKLY SERVICE" H S pore Loading for Dubai (11/11). A. Oatx (14/11). Doha (16/11). a Bahrain (18/11). Damm (20/11), Kwt281 words
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Advertisement584 1978-10-26 13 _>..$;>-_\`"{/_"=._$+%<$}?(:>-, Singapore CtoMif times »CY 29 Oct 0600 hrs CFS 28 Oct 1800 hrs IMPORT FROM East Canada and U S Atlantic. Gulf Pacific FUt.IV CONTAINERIZED FAST DIRECT WEEKLY FROM Europe (Via Sum) ETA Singapore 21/11 1/12 a/u NUT ARRIVALS Christ*! Iters* LP* 7/11 SM 8/11. Charlotte I P l584 words
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Page 14 Advertisements
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Advertisement653 1978-10-26 14 FUIY CONTMOBQ) TO OMfl NHOM(E*mi Imn CWfcMßay 4/12 6/12 21/12 30/12 1/1 3/1 EXPRESS CONVENTIONAL TO EUMPE S>*rt PMm| Pm Mm Gmm HWj IV« Um Aatovp FntMmtai 27/10 24/10 13/11 26/11 24/11 20/11 22/11 lava* 13/11 5/12 30/11 15/12 13/12 9/12 11/12 WntMa 26/11 27/11 21/12 17/12 28/12 26/12 21/12653 words
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Advertisement383 1978-10-26 14 Nut fellrat MMB CM JS-36/Od H "TAMJ Tr US ATLANTIC US GULf 1 EAST CANAM M2O lon 25 km a M3O f+ 3 M3O to 31 F«t t ft U FM 13 I FA 12 Fa 7-9/11 15-17/11 10-I wi 1213/12 14-15/12 15-17/12 10-11/12 11-19/12 1-2/1 19-19/12 2 -1/1 15-11/12383 words
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Advertisement451 1978-10-26 14 A FULLY CONTABOBB SNKE 6* om bettor to iw HMi East PMOMTY BERTMNG I DISCHARGE AT Mi PORTS ALSO ACCCPTMG CARGO FOR BAHRAIN AND ABU DHABI KM Kim /HIPPIOG V TPAOIOG PTE. LTD. ■Ti 'M Tdo KMSPEED RS ***** U Td *****37 *****11 EVERGREEN LINE (EVERGREEN MARINE CORPORATION! FAR EAST/RED451 words
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Advertisement670 1978-10-26 14 B.F.S.S.C Agents in Malaysia TEPS MALAYSIA Port Ketone Tel (38) 7355 Penang TH *****/***** C*MpMii Aryaetiea Do jm T» NraiKMi ißtvMßtiaMUl S. A. C.I. F. JjCmj "ARGENTINE NATIONAL LINE" rw tm—com/udm nmonanr/aiM Compania Chdena de Navegacion Intaroceanica 0 "CHILEAN NATIONAL LINE' m east/cat row. Ecuador m hum service CCM Mk«"670 words
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Advertisement762 1978-10-26 14 IO SANKYO LINE AUSTRALIA SERVICE Yll MO—TMKE STM.. SEABLOOM... MKT CMP M PORT SUED STO. MEI 29/31 OCT 26/21 OCT STD. MEL. ADEL 5/ 6 NOV 3/ 4 NOV DWI BROOM FRE 18/17 NOV 13/15 NOV STD. MEL. NXL BANGLADESH SERVICE OMMOM) STM. GEIMAi AGENTS CONTMCR 600KMG LOM) AGENTS P762 words
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Advertisement666 1978-10-26 15 OCL Overseas Containers Limited > soma to uK/comcrr 1 soma from mjcamwßd: Hivtf 23 Nn ft No I ha 3 ha 31m I Iw H tw| Br«n Btm Hint Sim PKemn S pore M»il Pwtv iHMIir SjM SjM SjM M 28 Oct 31 Oct HK KS Iw Eiprau SjM UM666 words
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Advertisement1058 1978-10-26 15 i GRANARD LINE *ST BOUPD-fM EAST/MEDfTERRAICAN Tjm P fatal Nmi Lao4ta|tar Ml. MM MRS V.lfM 2fod 1 RMr Mm OfftoS/P. Srt4/i UNWka/ IMW MM NHS *i*B_ 24 Nee Til'Timill liiM 1 illrtii Ml MM MM MlW— 110k PtWaSSSfiSuSL Ml. MM TIT 1.22 M 27 Ok mSSSS&XmSumL •CCOTK CONTMB CMNO TON1,058 words
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Advertisement756 1978-10-26 15 [JK-. BEN LINE CONTAINERS "w ootmb smct ro/noi bmk M BURG B HAVEN RDM HAVRE SOI Sport P Um| WGcnMDT Austria Antwerp franc* MI a/1* 31/11 a/11 ZZ/tl 23/11 25/11 1«/ 31/11 17/11 11/11 21/11 (25/11) 22/ VU V/U 27/U 25/11 Wll (5/12) 25/ 12/U 14/11 V/U 7/12 1/12 (12/12)756 words
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Advertisement784 1978-10-26 15 1 Scan Dutch V re:< 21 i i j i WESTBOUND TO MEP/UK/ CONTINENT/SCANPINAVIA fee*l Tom P MW| Wkml $pore II Mu*s ?i fttam i| HDy'i 4i G*«r| fM*( Own P nmm HKMI HUMCtSU faM N (HMO* 27/U RMCna 4/11 euancra ii/u ii HUMCOU U/ll N aunu n/u fMOSO 1/U784 words
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Advertisement539 1978-10-26 15 GUTHRIE BOUSTEAD shipping AGENCIES THE BANK LINE LTD. LOADS FOR E. ft S. AFRICA M (Manntniv haw B*>» Durban It P£. .JSS*TL Ur S pwe P MiXf hi Nrt/27 Oct rmim STAR IDMI Mam* Omui u ri Kuantin Sport 2/ iOk P fteiang 7/ 9Ok FROM CAST 4 SOUTH AFMCA539 words
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Advertisement808 1978-10-26 16 K LINE KAWASAKI KISEN KAISHA, LTD. Spore f mb uw MSTaTod IQO 4M 3Nn SNm Iff INnIINn COM! Iff If Nn II fee IS NN 21 25 Nn XRN a 1 Ok 2 0K 4 r» E9 ti m ION'.fNTIOJAI StR.ICFS SOUTH AFRICA S pore Durban E Ldn P. Eliz808 words
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Advertisement837 1978-10-26 16 U.S.A./EAST CANADA SERVICE ACCPTBK FCL/LCL CORTMBB FROM HUMS. P. KELANG. STORE lM*| tar m ra«. CMH, NORFOLK Penang Betavan P ketang Singapore I PRADESH (MBA 24 SO) 27/29 Oct 21/11 Oct 1/ 2 Mr 1/ 4 Mr E C. GREAT LAKES SERVICE i tar norfou. km row. montkn.. Toronto. ashtarua837 words
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Advertisement769 1978-10-26 16 NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES-FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE Ston Nwtre tfbwf Br«<■ Rdaa A amp I) IN 15 Nm 17 NM 10 NM 11 HM 21 MM 20M 22NM 24 Mm 25 NM 20 NM 71 NM »Nm 11 Na» 117 Nm 29 Km 31 Hm Ike 20k769 words
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Advertisement714 1978-10-26 16 MAI*rSIAN WVTtRNATtONAI SHIPPING CORPORATION BCRMAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA IKST WD: Feeder *TMm| its*l FUNCESCA w an Funxi 4/11 Torn ELEAMBA 11/11 lOM FMNCDCA 19/11 Ml < S port I) MsaAcs 2) Mm 3) H borf 4) Gbur, 11/11 12/11 17/11 11/11 21/11 t/u n/u 26/11 a/n */n714 words
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Advertisement712 1978-10-26 16 INTRASEA (PTE) LTP. F,mp' House Orcha-d Ro<ia S<nq.i[,ore Telephone 23 c >26 1 1 2 *****7 I~Kansai Line STRAITS/AUSTRALIA SERVICE Singapore P Kelang LnMog tar FORTUOV. M 21 Oct X Oct Brisbane/Sydney/ aaaiv Melbourne Adelaide SUNNY SYDfEY ¥.10 20 Nw 23 Nov -do «a*> musajnt) lid *****11 nous *****57 imp*712 words
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Advertisement171 1978-10-26 17 I SHIPPIHB •HONGHM. TCdG ENG IWN6 NOON LIAN HUAT SHIPPING CO, (PTE.) LTD. •nwanoNM. moK i3th floor, sun 1319/1320 »NSON ROM). SMGWOK 2 JUS: *****11 I ***** M ET» no OESTMTIOft to hrt 21 Oct Bafkpapan/ Smmli Bani armaia) SNn 7DM Bwftrt 3Nw 5 Not P^mkmc/Pbdiu BIENLEY CO., (PTE) LTD171 words
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