The Business Times, 28 February 1979
1979-02-28
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The Business Times
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Title Section10 1979-02-28 1 BUSINESS TIMES M.C.(P) No. 146/1/79 WEDNESDAY, FEBRUARY 28,1171 50 CENTS10 words
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BRIEFLY...
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Article74 1979-02-28 1 PIEU AND SILO have decided, in the interests of the workers, to continue to sell soft drinks in their canteens and coffeeshops at the old prices despite increased charges by bottlers and coffeeshop and restaurant associations. The unions said they will be meeting soon to discuss74 words
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Article87 1979-02-28 1 UPI PRIME Minister Lee Kuan Yew will meet Indonesia's Minister Coordinator for Research and Technology on Batam Island on March 11 to discuss possible bilateral cooperation on Jakarta's plan to turn the island into a tax-free industrial zone, diplomatic sources said yesterday. Mr Lee will meetUPI - 87 words
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Article78 1979-02-28 1 NYT WASHINGTON, Tues.— The Carter Administration plans to control import surges "aggressively" under a "global import evaluation" system for the textile and garment industry to be put into effect before the end of March. An agreement between the industry and the Administration specifies the more rigorous controls,NYT - 78 words
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Article90 1979-02-28 1 UPI JERUSALEM, Tues.— The Israeli Cabinet overwhelmingly voted today to reject President Carter's invitation to Prime Minister Menachem Begin to attend a Middle East summit meeting, government sources said. The Cabinet voted 14-2 to decline the invitation temporarily because "it would be inappropriate for Mr Begin toUPI - 90 words
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Article64 1979-02-28 1 Reuter KUALA LUMPUR, Tues. Peninsular Malaysia recorded a trade surplus of Msl.s billion last year, compared with $1.3 billion in 1977, the statistics department said today. The department, releasing preliminary figures said exports last year totalled $13.7 billion and imports amounted to $12.2 billion. Rubber was againReuter - 64 words
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Article36 1979-02-28 1 NAIROBI, Tues.— Pressure on Ugandan President Idi Amin appeared to be mounting today with exile sources reporting advances by an invasion force from Tanzania and the publication of a manifesto by-an internal opposition group.36 words
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Article67 1979-02-28 1 AP NEW YORK, Tues. Stock prices headed lower today for the fourth consecutive session as concern over higher oil prices and the fighting in South-east Asia shadowed the market. The Dow Jones average of 30 industrial stocks slipped 1.99 to 819.13 in the first half hour of trading.AP - 67 words
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Chief Price Changes
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Article128 1979-02-28 1 Rises Most Active M Banking 610 20 +15 S Darbv 228.000 Straits Trading 545 Pacific Dev 275 +15 H Par 94,000 Nat iron F Si N Shell 615 10 Consplant 83.000 525 269 10 9 UOB 82.000 DBS 444 8 Total Turnover 2.64m Carlsberg 408 8 Total Value S6.29m128 words
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Article, Illustration147 1979-02-28 1 Rises Most Active fc>et juntai A Hiram Tin Sg Besi S Trading Tronoh 770 1160 720 560 745 35 30 25 15 15 S Darbv U M W Consplant H Par 225,000 216.000 165.000 161.000 Sel Dredge 398 12 +11 Total Turnover: 2.09m Chersonese 218 Total Value: M$4.89m147 words
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Article725 1979-02-28 1 FONG MEW LENG - HIGHER FUEL COSTS By FONG MEW LENG THE GOVERNMENT seems certain to revise electricity tariffs soon in the light of higher fuel costs and increased consumption. Any revision will probably raise tariff rates by an amount reflecting the increase in fuel costs. There is725 words
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Article241 1979-02-28 1 THE PORT Klang authorities will impose higher storage rates and a penalty on removal charges on all imported full container loads (FCL) not cleared from the port within seven days, from March 15. The new rates were announced by senior assistant traffic manager, Mr Raj241 words
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898 1979-02-28 1 QUEK PECK LIM - By QUEK PECK LIM, Financial Corraspondant TURNOVER on the Singapore foreign exchange market was nearly US$5OO billion last year, a five-fold increase over transactions a scant four years ago. The staggering size of the market was brought home to a conference on managing foreign898 words
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Article175 1979-02-28 1 Reuter THE MALAYSIAN Airline System (Mas), fearing industrial action in Australia in support of a Malaysian strike, has cancelled two flights to Australia scheduled for today. A Mas spokesman said the flights involved were a regular Boeing 707 service to Perth and a chartered DC-10 flightReuter - 175 words
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266 1979-02-28 1 A TRADE Departmeatorgaalsed mission will leave early aext moath aa a 21-day swiag tkrwgk live Earapeaa cities. 11m nine-member team will pramate a wide variety of laeal products aad companies Involved will be exhlbittag at the anasal Praakfart Interaadaaal Spring Pair, the266 words
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491 1979-02-28 1 WANG LOOK KEAH - By WANG LOOK KEAH SINGAPORE Airlines has fired its latest salvo at the Australians, accusing them of harbouring a desire to "clip SlA's wings" since the early 70s. The international civil aviation policy (ICAP) is just the latest effort in this491 words
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Page 1 Advertisements
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Advertisement27 1979-02-28 1 whatever you need in menswear.getitat... MOHAN'S DEPT. STORE (PTE.) LTD. 321, Orchard Road TW *****22 (next to Mandarin Hote)) Branch: 101,Tangiin Shopping Cantre HM 23SIM Daily 9am-9pm27 words
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Advertisement94 1979-02-28 1 COMPUTERISE YOUR BUSINESS NOW for ONLY $1,299/with our RADIO SHACK TRS-80 MICROCOMPUTER And EXPAND It for less than $14,000 to a COMPLETE BUSINESS SYSTEM capable of handling the following: 1) Inventory Control (2) General Ledger Journal (3) Invoicing (4) Accounts Payable (5) Accounts Receivable (6) Payroll and many other software94 words
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Advertisement72 1979-02-28 1 mm SHIPPING TIMES CORNEB far lechMhgy at Singapore 2 OKAMOTO to expand its plant.. 2 KUWAIT to quick to fellow salt. 5 LDCs labouring against great odds PUB'S balancing act in raking power tifcrift5............................. 7 SIA studying |2Mui Oriental l<casisg 1 —9 HARVEST Joy at Censplant U ASEAN-EEC conference special72 words
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Advertisement236 1979-02-28 1 Avwtabto at Mi wading goM cant an A da<* now Sot# Agents ROVAL SPORTING HOUSE PTE LTD 201 Straat C«n(r« Singapore I* 292W53 2529K4 Leader... Page t The Editor 4C o robust, yet very elegant, machine The heavy-duty Editor 4C is built for continuous use This is a very tough.236 words
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TRADE AND INDUSTRY
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Article399 1979-02-28 2 COURSES AND TALKS Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC Feb 17-Mar 3: Marketing for the secretary, SIM, SIM Feb 26-28: Project Planning and Evaluation, Hilton, SGV-Goh Tan Feb 26-Mar 1: Budgeting and budgetary control, SIM, SIM Mar 5-23: Port Administration and Operation Course, PSA Conference399 words
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Article181 1979-02-28 2 THE DELIVERY of a $60 million offshore tin dredge under construction at the Jurong Shipyard will have to be delayed as a result of damages caused by two fires earlier this month. A spokesman for the yard said the dredge, Bima, was due to be delivered181 words
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356 1979-02-28 2 GOH ENG KEE - By GOH ENG KEE SINGAPORE Fair 79, an annual trade fair by the Singapore Manufacturers' Association (SMA), will for the first time have a section on new technology from developed countries. Foreign companies with new processes or equipment relevant to the Asean region356 words
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Article118 1979-02-28 2 THE luxury passenger liner Queen Elizabeth II (QEII) will sail into Singapore today with some 1,750 tourists on board. This is her third world cruise. The 65,683-tonne liner, operated by Cunard Line, will pick up another 180 passengers here. She is bound for Hongkong, Yokohama118 words
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Article331 1979-02-28 2 EUROTECH Managements is expanding its 1980 exhibition programme to four events and is negotiating for two more for the year. The four confirmed events repeat Asia Marine and Asia Aquatech for 1900 while the rest cover Sanitation and Hygiene (March 12-15 at the Hyatt Singapore331 words
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Article74 1979-02-28 2 A SWINE production seminar will be held by the Singapore Veterinary Association in cooperation with the American Soybean Association (ASA) at the US International Marketing Centre at Somerset Road on March 5. About 200 local farmers are expected to attend the seminar, which will be conducted74 words
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Article108 1979-02-28 2 THE Extramural Studies Department erf the University of Singapore will be conducting six courses on a variety of subjects ranging from the Mandarin language to life insurance law, beginning from March 1. The first course on "Personal motivation and selfdevelopment will be held at the Bukit Timah Campus108 words
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Article, Illustration105 1979-02-28 2 HAPPINESS (Pte) Lid, sale ageat in Singapore far La Germaala gas eaakers, has secured the agency far Candy washing machines. Candy is a popular Italian brand sf hoaseheld appliances. Its prsdncts are fennd in aver 59 countries, and the name is well established in Enrapean markets.105 words
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Article, Illustration357 1979-02-28 2 A JAPANESE machine tool manufacturer plans to expand its Woodlands plant by the end of this year or early next year to cope with expected growing demand for its products. Okamoto Singapore, the wholly-owned subsidiary of Okamoto Machine Tool Works in Yokohama, will spend between357 words
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254 1979-02-28 2 CONRAC Corporation of California has been awarded a $10 million contract for the installation of its Flight Information Display System (FIDS) at the new Changi International Airport. The system will be commissioned in early 1981. It incorporates most of the modern features of airport information254 words
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Article173 1979-02-28 2 THE Bulgarian Deputy Minister of Foreign Trade Spas Petrov Georgiev arrived in Singapore on Monday (or a three-day visit. He is leading an eightmember trade mission here to discuss the possibility of expanding trade between Bulgaria and Singapore and other Asean countries. The mission has visited173 words
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Page 2 Advertisements
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Advertisement82 1979-02-28 2 Mm Just pick up the phone and Emery picks up the responsibility. When you're busy meeting deadlines, controlling inventory, hounding suppliers, maintaining client service and developing new markets, it's reassuring to know that there is an air freight company which treats your business as seriously as you do. That's Emery82 words
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Page 2 Miscellaneous
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Miscellaneous647 1979-02-28 2 TWO-IN-ONE t I CRYPTIC PUZZLE ACROSS 4 A stickler to stir up, somehow (6) 7 Garment into which Lois came to change? (8) 8 Do all wrong for the right money! (6) 10 Maps of the mountains? (5) 13 Virginia gets publicity in different ways (4) 14 Draw up over647 words
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REGIONAL
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360 1979-02-28 3 Reuter SOME progress was made on Monday during talks between top American and Chinese officials on one of the major blocks to expanded Sino-US economic ties, the problem of Chinese assets frozen in the US and American claims against China, a senior USReuter - 360 words
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Article, Illustration101 1979-02-28 3 SINGAPORE'S Ambassador to the United Nations, Mr. Tommy Koh, seen leaving the meeting of nonaligned nations in the delegates area of the Security Council on Monday. On Sunday, he warned the Security Council that an intensifying rivalry between two of the great powers was fanning the101 words
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565 1979-02-28 3 MALAYSIAN DEPUTY Finance Minister Puan Rafidah Aziz has called on the Asean insurance industry to devise new policies to meet the requirements and needs of a growing Asean population and economy. She said only about 7.3 per cent of the economically active Asean565 words
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334 1979-02-28 3 THE shortage of steel in Malaysia has delayed construction projects by private developers and the Public Works Department in Penang. A spokesman of the state JKR said the department was continuing with its projects although work is going on at a much slower pace." He334 words
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187 1979-02-28 3 NYT US HOUSE of Representatives member Elizabeth Hoitzman has charged that Vietnamese government officials have extorted at least US$3O million (Ss66 million) from refugees fleeing the country, in what appears to be an organised "racket in human beings." Rep Hoitzman said that after aNYT - 187 words
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193 1979-02-28 3 Reuter POLITICAL, economic and labour leaders from Asian and Pacific nations will open a three-day private international symposium here on March 5 to discuss problems between rich and poor countries, Japanese organisers said. Delegates will come from Australia, New Zealand, Papua New Guinea, theReuter - 193 words
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Article528 1979-02-28 3 OIL CONSUMPTION AP. UPI JAPAN, aiming at a 6.3 per cent real economic growth rate for fiscal 1979, cannot accept a 5 per cent cut in oil consumption at the executive meeting of the International Energy Agency (lEA). The meeting opens in Paris tomorrow.AP.; UPI - 528 words
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123 1979-02-28 3 AP FOUR permanent joint subcommittees have been set up by Thailand and Malaysia to prepare and identify various development projects in both countries. The four sub-committees, covering cooperation in agricultural development, livestock, fisheries and drainage and irrigation, would start work immediately, Malaysian Agriculture Minister ShariffAP - 123 words
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Article62 1979-02-28 3 UPI THE Philippines had a U5595.59 million (Ss2oo million) deficit in its balance of payments last month, the Philippine central bank announced on Monday. During the same period last year, the Philippines had a surplus of $8.15 million. Governor Gregorio Licaros of the central bank attributed the deficitUPI - 62 words
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Page 3 Advertisements
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Advertisement542 1979-02-28 3 TICI cre+/ three yeors 090, v we begun operations with o staff of three occupying o small half-floor office at Jalan Bandar, Kualo Lumpur a nnodest start to what is today the largest wholesale bank in Malaysia as confirmed by a 1977 annual survey of the merchant banks in this542 words
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RAW MATERIALS
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Article194 1979-02-28 4 THE SINGAPORE rubber market yesterday closed firmer with March One RSS buyers quoted at 257.50 cents per kilo, up 2.25 cents from Monday's close. Prices were little changed during the afternoon session inspite of China's absence from the market, dealers said. The morning market was higher with March One194 words
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Article378 1979-02-28 4 Prices in cents per kilo yesterday: Close Noon (per kilo) (per kilo) Buyers Sellers Buyers Sellers Ini 1 R S.S prompt f.o.b. 254.50 255 50N 256.25 257.25N Int 1 R.S.S March 255.75 256 25 257.50 258.00 Ini 1 R.S.S. April 257 50 258 00 259.00 259.50 Ini 2378 words
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Article102 1979-02-28 4 NOON SSR and SMR pncM yesterday: April HAS March (Correal Mtk) (For ward Mtk) Buyers Sellers Buyers Sellers SSR .11 II ton pallet! 245.00 247.00N 246.00 248.00N SSR 30 11-ton pallet) 242.00 244.00N 243.00 245.00N MRELB SMR CV 11-ton pallet) 257.00 259.00N 257.50 259.50N SMR SL ll-tua102 words
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Article63 1979-02-28 4 THE STRAITS tin price In Penang yesterday fell Ms2s to 11,900 per picul, to stand $200 above the International Tin Agreement ceiling, dealers said. The market fell in reaction to Monday's rise, with an easier London closing overnight and higher tin metal supplies from miners depressing sentiment. Turnover63 words
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Article30 1979-02-28 4 Rubber: Feb 27 Singapore: March:. 257.50 cents (up 2.25 cents) Malaysia: March 260.25 cents (up 2.25 cents) Tin: $1,900 (down $25) Official offering: 216 tonnes (up 27 tonnes)30 words
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Article335 1979-02-28 4 PRICES held steady all round in quiet and featureless trading at the Singapore produce market yesterday. Business transacted with overseas buyers was minimal, this being due to the higher prices quoted locally. Coconut oil millers continued to find their hands tight because of the limited stocks of raw335 words
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Article295 1979-02-28 4 SINGAPORE: Yesterdays closing prices in S3 per kilo, ex-godown: THAI WHITE: 100 pet first class (Kangaroo) new crop O.K. 100 pet second claw 0.85, 100 pet third class 0.83, 25 pet new crop no stock. B-10 pet 0.75. THAI BROKEN: A-super 0.62. Special 0 56 THAI RICE: 55 pet295 words
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Article70 1979-02-28 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Mon Previous Malaysian s%ffa bulk per tonne April unch *****r Sumatra 5H ffa bulk February 725pd *****r March T22V4/T2opd *****r April 712Vipd 725s Ir May unch 710slr June unch TOOslr July unch 685/082'^pd Nigeria 5M70 words
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Article120 1979-02-28 4 TRADING on the sugar futures market yesterday continued quiet with again no trades registered, dealers said. Net open positions remained at 12 lots after Monday's trading. Sugar futures closing prices Clastag Prevtoas CMn Mch unq unq May unq 8.90 9.00 Jly unq 9.15 25 Sep unq 9.20 50120 words
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Article149 1979-02-28 4 THE MARCH Chicago Board of Trade wheat futures contract managed to pull slightly higher at the close on Monday, but all other options ended lower. The spot contract gained 1V« US cents a bushel while losses elsewhere ranged from 1V« to 3Vi cents. Late nearby firming was attributed by149 words
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346 1979-02-28 4 JAPAN'S natural rubber imports in January fell to 16,510 tonnes from 25,696 in December and 21,192 tonnes last January, according to custom-cleared trade statistics compiled by the Finance Ministry. The January total comprised 9,520 tonnes from Thailand, 4,358 from Malaysia, 2,366 from Indonesia, 96346 words
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214 1979-02-28 4 UPI CHINA eeald towt the world's serial largest grain Importer this year, overtaking the Soviet Union. The United Nattens Feed and Agrienltnre Organisation (PAO) report sn the world lead entlssh predleted^thnt^Chiaeee reflect both lagging production and increasing demand," the PAO repert said. Two yearsUPI - 214 words
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Article925 1979-02-28 4 OILSEEDS: Brokers reported easier and generally quiet oils and oilseeds markets yesterday. They said the lower trend largely reflected closing Chicago and apart from soybean oil dealings were quiet. Dutch soybean oil found some short-covering interest in front o( India's vegetable oil tender result and business included March925 words
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Article177 1979-02-28 4 MASSIVE commission-house liquidation of Chicago soybean futures continued to the final bell on Monday, pushing prices 27 l /i to 11V4 US cents a bushel lower. The day-long spasm of selling resulted mainly from limit losses in CBT silver futures, which analysts pointed out were a primary force in177 words
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Article194 1979-02-28 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) C«ttM yam: China Blue Phoenix 20s 2.306 32s 2,910; 40s 3,100 (per bale of 400 lbs). Pleee rm4s: China Butterfly and Globe brand unq; Dragon Head unq, Five Lambs unq; Flower and Butterfly194 words
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Article, Illustration1165 1979-02-28 4 NYT. THE CHOCOLATE bar is an edible American flag, a security blanket for the distraught, a barometer of a nation's economic health. It is also the product of a secretive, volatile and bizarre global trade where beans are often sold simply toNYT. - 1,165 words
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Page 4 Advertisements
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Advertisement588 1979-02-28 4 New Issue February 28.1979 AH these bonds having been sold, this announcement appears aa a matter of record only Minolta Camera Co., Ltd. Osaka DM 70,000,000 4% Convertible Bonds due 1989 minolto WESTDEUTSCHE LANDESBANK GIROZENTRALE DAIWA EUROPE N.V. BERLINER HANDELSUNO FRANKFURTER BANK KLEINWORT, BENSON Limited THE TAIYO KOBE BANK (LUXEMBOURG)588 words
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OVERSEAS
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355 1979-02-28 5 UPI FOREIGN assets in the United States increased by US$3O.9 billion (SJ6S milion) last year, compared with an increase of $36.5 billion in 1977. The US Commerce Department reported on Monday most of the 1978 increase occurred in the first and fourth quartersUPI - 355 words
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172 1979-02-28 5 AFP PRESIDENT Carter has said the US does not expect to extend direct credit to China but may consider granting Peking "most favoured nation trade status". He said his Administration has completed a preliminary assessment of China's credit record and has found it excellent.AFP - 172 words
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736 1979-02-28 5 NYT, Reuter KUWAIT has told its oil customers that it has raised prices by 9.35 per cent, escalating the increases recently announced by other oilproducing countries. The Kuwaiti increase is retroactive to Feb 20 and applies to all grades of Kuwaiti oil.NYT,; Reuter - 736 words
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Article770 1979-02-28 5 ARRIVALS Service Local Operator Number Time From TMA TL375 0530 BEY/DXB/ BOM/KUL MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CPA CX710 1005 HLP GIA GA980 1030 HLP THAI TG423 1035770 words
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Article185 1979-02-28 5 AFP THE U8 admlalstrattea to sending Ceagreas standby plans fnr petrel rri*lrntnf »nd itker energy-aavlag meaaarea. The mcuara, will likely lnelnde allaeatlea d crude ell amtng refineries and reatriettoas an weekend retail aalea af petrel and dleael fael. Admlalstrattea afflelala said the plana wanld he sent toAFP - 185 words
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Article, Illustration127 1979-02-28 5 A WEST Genuti architect Is worftdag oa a project at Stuttgart University aimed at featherweight setf-supporting structures with OMrgy-saviag. ffls sppHsah BteraUy saves easrgy twice over, "lightweight Mga saves eaergy la the materials Med; tt alse na»Mir architects to experiment wttk aew Mi aMrtMn ways st generating127 words
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538 1979-02-28 5 NYT THE UNITED States recently offered to establish an American military presence in the Persian Gulf, but the overture was rebuffed by Saudi Arabia, now the dominant power in the region, officials of the Carter Administration said on Monday. The officials said the SaudiNYT - 538 words
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Article156 1979-02-28 5 UPI WEST GERMAN Economics Minister Graf Lambsdorff said world trade activity is picking up, but he warned against advancing protectionism and urged the United States to stick by its antiinflation policy. In an address to the National Foreign Trade Council in New York on Monday,UPI - 156 words
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Article279 1979-02-28 5 Reuter NEW ORDERS for heavy equipment, a key indicator of future economic activity, advanced strongly in December and January, the US Commerce Department said. The department said new orders for steel, machinery and transportation equipment paced the 4.1 per cent rise in overall orders toReuter - 279 words
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WORLD IN BRIEF
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Article613 1979-02-28 5 Agencies. THE US Senate voted 82-9 to confirm Mr Leonard Woodcode as the first ambassador to China in 30 years. The US and China are due to exchange ambassadors on March 1. Mr Woodcock is now head of the US liaison office in Peking. PRIME MinisterAgencies. - 613 words
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Page 5 Advertisements
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Advertisement61 1979-02-28 5 ODESSA OCEAN LINE a rtfdm sanrfea of Hact Sea S>m Con^jnr RELIABLE CONTAINER BERVICE dlract North Continental ports and Vita varsa. KSTMATNMS GENOA HMBUR6*/BKMEN/ TERDAM/ANTNEIP/LEHMNE/AVOUNMOUTH (UK) to CiyitoiHW. 6« tart OsU «lli Ira mmt at Hiniiij. SMGATORE SOVET SHTPMG CO. PRIVATE LTD. (Incoipoiated in Snjapori) Sinsov Building, 55 Morfcet Street,61 words
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Article411 1979-02-28 6 IT MAY appear somewhat incongruous to observers that a commercial airline is taking issue with statements made by a cabinet minister of a foreign sovereign government. But on reflection, it is a pretty accurate commentary on the entire ICAP imbroglio. The situation has411 words
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306 1979-02-28 6 THE SINGAPORE Manufacturers' Association's move to include in its Singapore Fair 79 later this year a section devoted to "new technology" from industrialised countries is, at first thought, a welcome one. The stated intention of creating an opportunity for local and Asean manufacturers306 words
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Article, Illustration1172 1979-02-28 6 Rich-world unemployment leads to two kinds of protectionism: against imported manufactures and against the import of labour. Both make it harder for the less-developed countries to provide enough employment for their rapidly growing labour forces. CONSIDER the following alarming statistics: In 1975, 44 per centSource: ILO - 1,172 words
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Page 6 Advertisements
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Advertisement307 1979-02-28 6 APOLLO HOTEL Havelock Road, Singaore 3 Tel. *****1 AMBASSADOR HOTEL ***** Meyer Road, Singapore 15 Tel: *****11 CENTURY PARK SHERATON Nassim Hill, Singapore 10 Tel: *****7 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel. *****66 COCKPIT HOTEL 6 7 Oxley Rise, Singapore 9 Tel: *****1 GREAT EASTERN HOTEL Tel M307 words
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Page 6 Miscellaneous
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Miscellaneous81 1979-02-28 6 BriStcW:Fr^l)ick«is Titues -remps ontss T»UI€. SPfcPUONG* ifr; (ce^ < ,-e*. WiA Tms IS mvtgg o?7 KUD&C a->DGe vou seNT me r "temfb^ey scceeT^y, miss CP\NDY Laßue Ci«-2A -30 B Su>ceT Oe>UG\NG G«L P*nJD I smould uwg. Meg. ID Jonsi /< STRP-F V ffggp rne.mNuEs —NOA But if rm TO mv81 words
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Miscellaneous778 1979-02-28 6 mmmm Hitler near-murdered TBE AFTER-NINES leak Me. We kave WarM War Ames, |»*4, to keep yaar i to be a irtrt tor ft Iks mm. Lefi ■to ia tke t ke great faa. kapafal ke appeared aa Celebrity Hip* My Mrs staralar stager kaa, Ms toac-an Ml "A •f tke778 words
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Article, Illustration1597 1979-02-28 7 Domestic consumers look like getting the heavy end of the stick in the forthcoming increases in electricity charges. But FONG MEW LENG explains why this is unavoidable. The PUB must balance carefully the need to cover its production costs1,597 words
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Article461 1979-02-28 7 v .QUIZ SHOWS are really getting to Singaporeans. A 0 wedding reception last weekend was conducted along the lines of the Rado Show. The bestman was the compere, and would have ;given Larry Lai a run for his money with his smooth patter "you just keep461 words
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1022 1979-02-28 7 John Tan - FOBUH. .with John Tan MOTIVATION is that unique quality that sets people apart. It is the difference between a capable worker and a brilliant worker. It distinguishes the average schoolboy from the top scholar. In short, if there is motivation, the rest comes easily,1,022 words
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Page 7 Advertisements
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Advertisement381 1979-02-28 7 and where to entertain c Lite up your life at Vanda Live it up at the newly renovated Vanda Bar. Styled for comfort and good cheers Sing along with our resident duet George David to your favourite request Happy Hours from 5p m -8p m 30% discount Singapore Xfe Oochid381 words
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INTERNATIONAL STOCKS
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Article666 1979-02-28 8 TOKYO Source: DBS-Daiwa Securities THE MARKET opened relatively firm yesterday with interest mainly on incentivebacked speculative issues and medium- and low-priced chemical issues due to buying by individual investors and short-term traders. However, other stocks in general, including speculative issues, turned bearish in the afternoon because ofSource: DBS-Daiwa Securities - 666 words
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Article260 1979-02-28 8 FEB 27 Cent! INDUSTRIALS A. C. L j. 182 -1 A. N. L 175 •3 A. P. M 129 unch Ampol Pet. B. H P 79 uneti IMS unch Bank NSW 344 -4 Boral 235 1 Brambles 180 1 C. B. A aao -5 c. a r. 345 -10260 words
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Article238 1979-02-28 8 FEB Tl Bahts Asia Credit 364 -8 Asia Fibre *7 unch AyuUujft In*. And Trust Bangkok Investment Bangkok Bank Bangkok Drying And SUo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia m 384 1032 238 unch -40 >2 Bank Or Ayudhaya Ltd 258 unch Bata Berll Jucker238 words
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Article81 1979-02-28 8 FEB 27 PMM AcoJ* Mining Al unch Allu Con A AUaj Con. B. 23.40 -0J Baguto Ootd Benguet Coo. B Br ooodrtch cncp In co B Landoll Lepanto B Martnduque B Meralco Oriental a Oriental B Phil Onrmi Phlla* A PtoUn B Plcop A Plcop B Pioneer PLOT llllllllllllllllll81 words
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Article277 1979-02-28 8 Source: SHK Sec Ltd THE MARKET opeasd Arm yesterday mor-aing m vecatailive buying ahead of HE Bank's results aad a posdbte bonus tone. But towards the close, there ware only a lew offers Broker* were generally nervous, ahead at today's budget. Turnover: HKgl.l7 million HK* WI..""■ A»oeftaUd Hotels BowatersSource: SHK Sec Ltd - 277 words
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Article56 1979-02-28 8 FINANCIAL TIMES INDUSTRIALS Monday 488JJ Friday Friday 91 1 1 to 82 H.K.HANG SENG Tuesday 518.03 Week Ago <80.3 DOW JONES AVERAGE INDUSTRIALS Monday 821.12 Week ago 821.46 SYDNEY INDUSTRIALS Tuesday 485.41 Friday 823.28 Week ago closed LONDON DOLLAR PREMIUM Monday 92 to 92 j ALL ORDINAR1E8 Tuesday56 words
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EUROPEAN MARKETS
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Article130 1979-02-28 8 Action* Mm urn m -i IMS -1 m m -t J33S m B 1 1 AJua kn Ctba cite ate cm n BbhwT Br. CMn Br. (Mp PC Otto DM. ll Bulaaa Br Cnt Baki it Sulaaa ftac Lrowmxt Br Oaorf* Ptacter Br Otobus Pc Hero Br m M130 words
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Article170 1979-02-28 8 FTB a m ♦A ABM Abold mm 1*1 aa -u unci) Akao SI JO ♦Oil AMSV glJO tjfyh Amtu nno -01 Ahum Bank njo •i 53MM M 0.1 Boia MM ♦1 BorsumlJ icajo -lJ Burtunann *10 0J Bjwnkorf Moo 0J Calr* Drift J».00 ♦u Ml MU Knnla 118 30170 words
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Article171 1979-02-28 8 rrB a on Aaf-Taiarunkan M »w. ax unch Alia Laban Alia Vata BAST Baj H T Wbank Bay Vbank ■mr 11U0 mio MJO 1J8J0 0J 0.4 04 BBC MIO 11 BMW Cham Varw 30&00 S lauo TW MB Ml.10 -OS ISUO unch □radon Bank Dt Texaco Dyekarhoff ST A171 words
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Article90 1979-02-28 8 PKB M rn forward market m 14 Artoed 2ND uncti Aitar (09 Bructn Bni-Lamb 1S30 unc can pec Or* OriU 513 >4 De Been Ebei 115 Mm •1 5 Eiectrobel ano -40 Ob-lnno-Bm MO -38 Oev isn -10 Hobok 3100 >30 Petro mo unch Ry\ Dutch 1910 15 Bldro90 words
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Article102 1979-02-28 8 FEB Ura •Hi 41 4 Aaaoc Oen ***** *00 Bwtoci S7S M Central* rm -10 rial aio S3 rimtdcr 101 JO •J Ocn Immoto WTO *tn m Prt aw ♦i Italcemanll ■as 1 taiga* ZH MO +u Italalder m 114 Magiwu MPT HO Mara 111 Ere no 30 Med102 words
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Article259 1979-02-28 8 FEB a m CORBEILLE Air-uquw* TOJO +1J B 8 N OerrfcU Dtnon* 415J0 -2.1 CBT (Thonuon- <%») MM +SA Cl« htaoiii 6«« PMrotM 138 -1.4 Comptnx Financier* Comptgnle Oentrek TO Credit Ponder De France «2S -0.1 IteclMtte (Llbralrie) WJO Machine* Bull S5JK -OjH Mtchelln (B) 10BD +*> Parlba* MO259 words
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Article224 1979-02-28 8 FEB M CI AbtUM IB M Alcan «M -M Alaoma Mw Bank Mont »M unch Bank Not* BcoUa MM ■f M Ball Tel M unch Betft Corp BP Can Ltd ZZ MM M Braacan a* M Camp Bad Lake Can Imp Bk MM B MM -M Canpac B -M224 words
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Article803 1979-02-28 8 ACT Industries Addreeeogrmph Airco Inr Alcan Alumln Allegheny Lnd w* 16V MH MM -M •M M M Allied Cham Cp *11*—* n 11 •M M Allls-Chalmers AlumtMO Amer Am Airlines Am Brands Inc Am Broadcast Am Can Co BM IS Mlt unch M unch unch -M •H Am803 words
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Page 8 Advertisements
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Advertisement167 1979-02-28 8 W S&i m V I I w S*n V-'' *V--1 s;. ~:.<t 1 P t J? ffc< < ->•» J '1? V a V <• <*s S3 > v > n?V; <* p w»* Z < < *m w > *3mlk m y« J J > mmtii v ?< i167 words
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Advertisement73 1979-02-28 8 Our warmest congratulations to Banco do Brasil S.A., Brazil on the occasion of the official opening in Singapore of the Middle East and Far East Regional Headquarters of the Banco do Brasil S.A. in OCBC CENTRE Why not consider a move to new offices and join the ranks of other73 words
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BANKING AND FINANCE
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820 1979-02-28 9 COLIN CHEE - By COLIN CHEE SINGAPORE AIRLINES (SIA) is currently perusing a US$l2O million to US$l3O million (about Ss26o million to $290 million) leasing proposal from a Japanese consortium to help finance its purchase of new aircraft* The proposal is among several others, including term loans,820 words
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Article74 1979-02-28 9 THE International Forex Club will hold its annual congress in Singapore next June. Mr Michael Wong Pakshong told a conference on foreign exchange risk management at the ShangriLa Hotel yesterday that the meeting is only the second in the club's 22-year-old history to be held outside74 words
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Article, Illustration66 1979-02-28 9 THE VICE-PRESIDENT •f Mtrgai Gaaraaty Trust la Hagapere, Mr. Feck Slew Wah (loft), tea gaae to the haak's head •IBee la New Yark m a three-year uripmeit la New Yark, he will he reapeaalMe far the haak'a boatoeas hi Seath Asia, with the aagapare66 words
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MONEY AND EXCHANGE$
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Article461 1979-02-28 9 THE US dollar was dealt fairly actively on foreign exchange markets yesterday after London opened in the afternoon. Opening at a relatively high 202.30 40 against the Japanese yen in Singapore, the dollar was gradually traded lower to 202.10,20, before London opened at 201.80 90. Against the deutschemark,461 words
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Article159 1979-02-28 9 STERLING yesterday opened higher on strong buying interest, sustained by news that Kuwait and Venezuela had raised some oil prices, while the dollar .tended easier against all major currencies except the yen. On its effective index sterling finned to 64.3 from 64.2 overnight, rising to USJ2.G27O 75 from an159 words
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Article342 1979-02-28 9 SINGAPORE gold futures yesterday closed generally firmer after an easier opening but prices closed lower on balance compared with Monday's close, dealers said. Opening quotations were marked down around US$3 in most positions reflecting easier overseas gold prices and thereafter held steady during the morning's trading. Prices firmed about342 words
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Article191 1979-02-28 9 Asian rates ASIAN currency deposit interbank rates as at close on Feb 27: I S I)oll*r»(Spoil Offer Bid 7 days 10 5/16 103/16 1 month 10' 10'. 2 months 10 10 3 months n». u 6 months u 11'. 9 months ir. 11'. 12 months US ll'» Sw.Frs. Dm (Middle191 words
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Article54 1979-02-28 9 Range of prices offered by discount houses on Feb 27: Overnight 4' Cali deposits 4 1 to 4 1 •'< Closing Baying Selling 3 month Treasury bills 4 7/16 4 5/16 3 month Bank bills 7', 7 3 month CD 75/16 7 3/16 6 month CD 77/16 7 5/1654 words
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Article138 1979-02-28 9 THE US dollar ruled slightly easier than overnight New York levels in quiet trading with most activity centred on the yen and sterling, dealers said. The yen fluctuated narrowly in line with its movements in Tokyo, partly affected by yen bond conversions. The US currency was quoted at 201.85/96138 words
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Article163 1979-02-28 9 THE US dollar for overnight delivery yesterday closed at 202.05 yen, down from a 202.30 opening but unchanged from Monday's close following small central bank yen-support intervention in the morning. Trading was fairly ctive, with volume US$545 million. The Bank of Japan sold an estimated $10 million to $20163 words
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Article21 1979-02-28 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.21 words
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Article, Illustration305 1979-02-28 9 QUEK PECK LIM - By QUEK PECK LIM SINGAPORE Nomura Merchant Bank yesterday became the first local merchant bank to publicly release its 1978 financial accounts. The results turned in have justified its early publication. The company, a joint venture between Nomura Securities, the largest Japanese securities house,305 words
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Article177 1979-02-28 9 Reuter. INDONESIA'S adoption of managed floating guaranteed there will be no more sudden shifts in the rupiah exchange rate after last November's devaluation. Disclosing this. Bank of Indonesia governor Racbmat Saleh said the present rate of about 625 rupiah to a US dollar "reflects the prospectiveReuter. - 177 words
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Article, Illustration677 1979-02-28 9 DONALD F. SINCLAIR - This chart and article are designed to put into perspective the Kondratieff based analysis published in yesterday's Business Times. The broad argument is that the world may now be in the final stages of a long inflationary period, with, on Kondratieff terms, a major deflation to677 words
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Page 9 Advertisements
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Advertisement208 1979-02-28 9 When jdu own an aristocratic car, you must treat her in style. The Cvde CarriageY\orkshop,for the aristocrat amongst cars. You arc driving the aristocrat amongst cars. Naturally, you treat that car in style. The Cycle Carriage Workshop technicians are all individually trained to look after your Mercedes-Benz. Not only are208 words
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"DEALS DONE ON THE SES AND KLSE
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Article1228 1979-02-28 10 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "sett". Big Board deal1,228 words
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Article135 1979-02-28 10 4 1/2% 1/8/80 (250.000) (99 408 99.488) 4 3/4% 15/9/80 (250.000) (09 658 99 78S) 5% T F 1/5/83 (250,000) (100 108 *****S) 5 3/4% T F 15/6/81-84 (250.000) (102 JOS) 5% 13/11/84 (250.000) (100.008 100.06S) 7% 15/4/85 (250.000) (100 SOB 100.955) 7% 1/8/85 (250.000) (100 708 100135 words
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Article82 1979-02-28 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday. the period, bids and offered prices and business done, if any. with the number of options traded shown in brackets. Hume F E (March $1.45) (0.268 0.335). Inrkrapr (March $1.30) (0.268 0.335). Pu Elector82 words
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Article156 1979-02-28 10 SING APORE 1 NIT TR18T (Managers' prteea tar Frt The Commerce 2.10 2.23 The Saving Fund 129 137 S pore Prog Fund 0 92 0.97 S pore Sec. Fund 170 l §0 S pore Invest Fund 1.19 1 26 INCOME lOli) UNIT (Carres t pMtya) Income Bond 1.14156 words
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Article2545 1979-02-28 10 Gr's Gr'a Net 1978/79 Last Div Div Y'ld P/E Vol Day High I. o w Company Sale or- C'vr ('000) High Low SECTION ONE INDUSTRIALS 272 132 Acma 222 12.0N 13 5.4 24.1 190* 123* Alcom 189 10.0 2.2 5.2 14.0 178 107 Allied Choo 111 9.42,545 words
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Article1422 1979-02-28 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS AjUamaU (2.628 2.755) Alcam (1.928) A Cktc <1158 1.255) Bala (21,422 words
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LATEST RESULTS
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Article71 1979-02-28 10 Group pre-tax profit of $27.35 million 1977: *27.35 million) for the year ended Dec 31. 1978. Net profit for 1978 was (17.63 million after taxation of $9.72 million. The comparable figure for 1977 was $16.67 million after taxation of $10.68 million. The directors are recommending a first and71 words
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Article74 1979-02-28 10 Based on unaudited half-yearly ac- counts, group pre-tax profit for the interim period to Dec 31, 1978 was $12.38 million compared with $9.63 million previously. Sales totalled $57.59 million (1977: $48.26 million.) The company said the improved profit was derived from higher sales. An interim dividend of 7.574 words
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Article, Illustration727 1979-02-28 10 AT LONG LAST, a steadier tread has finally emerged at tbe Stock Exchange of Singapare. Though galas were geaerally narrow la exteat yesterday, they were ballt an fairly consistent support. After akoat tea days of depressed sentiment, bayers were shaking off their727 words
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418 1979-02-28 10 SHARE PRICES edged marginally higher yesterday in a very selective and quiet market. News that the Sino-Viet-nam border conflict may last just 33 days injected a reassuring note into the market. Although sentiment improved slightly, dealers remained cautious. Traders generally did not feel418 words
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Article85 1979-02-28 10 P*tex lrtutrfes BM: AGM to be held at Studio 3, 5th Floor, Kuala Lumpur at noon today. Ye* Hiap Se«g: AGM to be held at 11th Floor, Shing Kwan House, Shenton Way, Singapore at noon on Mar 2. Ill Beaut CwwIMitea Industries (M) BM: AGM to be held85 words
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COMPANY NEWS
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Article, Illustration1277 1979-02-28 11 ARTHUR NG - By ARTHUR NG IT HAS BEEN a good harvest at the half-year for Consolidated Plantations (Consplant), both literally and in terms of the dollars and cents jingling in the till. In sales value, the halftime results saw overall group turnover (including external sales) rising by1,277 words
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Article368 1979-02-28 11 KEMPAS (MALAYA) whsse resalto ccasdldate these cf Beata Plaatattew, Taiplag Ccacsßdated aad Liagal Pevclsp meats, taraed la a midMaMii perfermaaee at the laterim stage with the greap eajeylag a healthy rise la carvings. Uaaadtted greap pretax profit far the first dx smaths ended last December row 28368 words
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Article306 1979-02-28 11 A BETTER turnout from its mining operations combined with higher investment income have enabled Lingui Developments, the tin mining and investment company in the Sime stable, to move well ahead in the first half of the current financial year ending June X, 1979. The company's pre-tax306 words
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Article227 1979-02-28 11 BENTA Plantations, a 70.3 per cent subsidiary of Kempas (Malaya), recorded a 20 per cent increase in pre-tax profit to M 54.06 million for the six months ended Dec. 31, 1978, compared with the previous corresponding period. Lower sales volume of palm oil was compensated227 words
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Article141 1979-02-28 11 TAIPING Consolidated, a 50.03 per cent owned Kempas subsidiary, has reported a 15 per cent drop in pre-tax profit to $387,000 for the six months ended Dec. 31, 1978. An interim dividend of 10 per cent has been proposed payable on April 16. In the preceding141 words
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Article279 1979-02-28 11 ■tfacma gaaecu, by HOCK LOCK SIEW THE DEFENSIVE characteristics cf ptaatattea stocks are beariag ap well la the bearish andertow nw prevailing at the stock market. Stocks like Kaala Lampor-Kepong, Consolidated Plaatattew, Kempas, Highlands aad Lowlands aad Dnntep Estates have exhibited strong resilience to aayby HOCK LOCK SIEW - 279 words
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Article57 1979-02-28 11 Audited group pre-tax profit of M 5791,783 ($156,731) for the year ended Dec 31, 1978. The parent company's pre-tax profit for the period was $390,841 ($53,768). A final dividend of 5 per cent less tax (nil) will be paid to shareholders registered on March 29, making a57 words
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Article64 1979-02-28 11 has just subscribed for a further US$2 million cash in Prima Ceylon. Sri Lanka, bringing its total investment to US$6 million or 40 per cent of Prima Ceylon's total paidup capital of US$l5 million. The company has also granted an interest free loan of US$2 million to64 words
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Article87 1979-02-28 11 Pre-tax profit of $4.06 million for the year ended Dec 31, 1978. The net profit for the year came to $1.91 million after deducting depreciation of $2.23 million and taxation of $2.15 million. The company said that as this is the first report since it obtained a listing87 words
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Article250 1979-02-28 11 Current Payment Ex Date Books Clone Date Total for Total for Payable tke year Previous year C 1 Hides 8TP (1076) Times Pub YH8 YH8 (M) Wilkinson B Kswst 8el Nut Ul« Bml Ausl Anal 8P Textile K 8idim Bests KL Ktpos| Kmpss Un«ui MBS Prims Tspis| Com250 words
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Article72 1979-02-28 11 t< Ui. »•< »M OOMM* iMWltfllUl 1 Don.i* laM ••'If"** rvoa una mrM *«j. m—m tu Donna aw »Mfw« KJahU kWMOf >ror V m llJAia* MUt &%fiu Um» or) lor MYA fVA *T4 m «TI (a) Adjusted for acrtp tmue Include® j y»TE (a) 2nd Interim (b) Fin#72 words
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Page 11 Advertisements
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Advertisement678 1979-02-28 11 t*: mmrs n m mi UNITED OVERSEAS BANK LTD (INCORPORATED IN THE REPUBLIC Of SINGAPORE) ANNOUNCEMENT To All Shareholders Subject Results for the year ended 31 December 1978 Results The Directors are pleased to announce that the audited results for the year ended 31 December 1978 of the United Overseas678 words
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Advertisement160 1979-02-28 11 nil sj 111 l £*r&a«*faHß!S») HII CHUIMC KHIAW BANK LTD 111 l (INCORPORATED IN THE REPUBLIC OF SINGAPORE) ANNOUNCEMENT TO ALL SHAREHOLDERS NOTICE IS HEREBY GIVEN that subject to approval of Members a Final Dividend of T/7%, less 40% Singapore Income Tax, on the Issued Capital of 5530,000,000 of the160 words
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409 1979-02-28 12 AP, UPI HASSAN NAZIH, the new managing director of the National Iranian Oil Company, announced on Monday that Iran's oil exports would resume next week. Addressing thousands of workers at the refinery in Abadan, Mr Nazih said his company's production and export policiesAP,; UPI - 409 words
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Article, Illustration257 1979-02-28 12 UPI CHINA DEMANDED a negotiated ceasefire in its war with Vietnam and said its forces put out of action 17,000 Vietnamese troops and destroyed or disabled seven missile bases in 10 days of fighting. China's official party newspaper yesterday called on Hanoi to negotiateUPI; UPI photo - 257 words
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Article767 1979-02-28 12 LONDON, Tiies.— Market prices generally closed higher with government bonds rising up to 2 points and gains in shares extending to 23 p after active trading, dealers said. At 3 p.m. the Financial Times index was up 9.8 points at 47tf.6. Market sentiment was aided by the strength767 words
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330 1979-02-28 12 IN A lightning mtve yesterday the Uaited Overseas Bank claimed aaether drat It revealed its results ahead of tnuliti«n al pace setter, the Develepmeat Bank at Singapore. Preliminary results far the year ceded Dee SI 1978 shewed all reaad Improvement with330 words
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Article70 1979-02-28 12 AFP A MEETING to discuss the low air fares introduced by Australia on direct flights between London and Sydney will be held in Jakarta by the middle of next month between Asean and Australian representatives. Indonesian civil aviation director-general Kardono said yesterday that Australia, which earlier was reportedAFP - 70 words
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Article176 1979-02-28 12 THE Association of Banks In Singapore (ABS) will soon snbmlt a study It has conducted «n stamp duties In Singapore In a petition to the Flaaace Ministry calling for its review. ABS chairman TJo Kay Lnen said this yesterday at a foreign exchange conference176 words
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Article313 1979-02-28 12 NYT THE United States negotiator sees only two major issues remaining to be settled at the Tokyo Round of trade talks in Geneva, although he concedes there still are a number of question marks. The "only outstanding issue" at the over-all bargaining table is theNYT - 313 words
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335 1979-02-28 12 QUEK PECK LIM - By QUEK PECK LIM SIME Darby Holdings might have raised the $475 million for its expansion through the stock market and not through bankers if not for the higher cost the first recourse would incur. Sime Darby's group treasurer, Mr Peter Bickerton,335 words
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346 1979-02-28 12 JOHN LIM - ASEAN-EEC CONFERENCE By JOHN LIM THE EEC is ready to support moves that promote stability in South-east Asia and in this regard it is aware of Asean's moderating influence on events in the region. This was stated by the EEC Vice-President Wilhelm Haferkamp at346 words
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Article114 1979-02-28 12 VIETNAM will not invade Thailand, and if an Asean member country were to be threatened, the group will adopt a united stand, said the Indonesian VicePresident, Mr Adam Malik. He said that Thailand will not be invaded because the Vietnamese know that the other four Asean countries114 words
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Article151 1979-02-28 12 UPI LEADING EEC and Asean businessmen and economic officials met for a second day yesterday, but reported few concrete results. The three-day meeting, which ends today, is designed to develop contacts between European and Asian businessmen but both sides acknowledged few projects are being taken up.UPI - 151 words
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181 1979-02-28 12 WHOLESALE prices of oilbased solvents have been increasing over the last few months. Confirming this yesterday, oil industry sources said that these wholesale price increases have necessarily been reflected in the retail prices of solvents. A press report yesterday quoted Mr. Ong Eng Kiow, president181 words
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Page 12 Advertisements
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Advertisement255 1979-02-28 12 IT PAYS TO CONSULT INDCSUEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Today we are quoting the following for Singapore Dollar tear deposits up to SS2SO.OOO 1 month 5%% p.a. 3 months 6V«% p.a. 6 months 6V«% p.a. 9 months 6V4S p.a. 12 months 6%% pj. Savings We also255 words
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Page 12 Miscellaneous
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Miscellaneous62 1979-02-28 12 Outlook for Singapore from 6 a.m. to noon today: Isolated passing showers in the late morning. Report for 24 prior to 7Jt p.m. oo Feb. 27 at the airport. Maximum temperature 32.0 Associated humidity 63 Minimum temperature 24.0 Associated humidity 97 Hours of sunshine 72.0 Rainfall in millimetres Nil Total62 words
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SHIPPING TIMES
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PORTSIDES
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Article100 1979-02-28 13 Lloyd's List TONNAGE handled at the port of Houston soared to a record high in 1978 when 109,246,422 tonnes of cargo moved across the wharves a 7 per cent increase over 1977's record total. In fact record increases were the rule for 1978 port figures, as shownLloyd's List - 100 words
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Article145 1979-02-28 13 Fairplay A £20 million(SsB6o million) conversion contract is in the air for UK marine engine builder George Clark N.E.M to convert four 31,000 dwt containerships from gas turbine propulsion to diesel engines. The four ships, Asialiner, Eurofreighter, Euroliner and Asiafreighter, are all operated by Seatrain on itsFairplay - 145 words
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Article33 1979-02-28 13 Reuter THE 13,462-ton Liberian-registered freighter Mari Boeing was refloated on Monday, nearly two months after running aground on a Bermudan reef. The vessel was towed into safer waters for repairs. ReuterReuter - 33 words
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529 1979-02-28 13 RAHIM KASSIM - By RAHIM KASSIM MARKET rumours that Shahyad Lines, as a victim of Iran's political upheaval, has suspended its trading, have been dispelled by its agent in Singapore. A spokesman for Wallem Shipping (S'pore) Pte. Ltd. stressed that its principal does not intend to529 words
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Article211 1979-02-28 13 UPI GRAIN voyage fixing tended to slacken after the business of last week but miscellaneous fixing and a busy time-charter section kept the market buoyant. Rates generally held steady after recent increases to Cover inflated bunker oil costs. Us Gulf grain shippers worked 73,000 TBS to Holland aboardUPI - 211 words
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Article, Illustration241 1979-02-28 13 THE RECENT delivery of two SchotM tnetor tags by Promet Pie. Ltd to a Mezleu etmpuy Mags toe ■amber of sach vessels ballt by toe i yard to fear. Tbe twa TJm itag tap, eaeb with < a draft sf Uo were ballt far toe241 words
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3081 1979-02-28 17 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 of3,081 words
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Article452 1979-02-28 17 SMpptag Uh Page acs n Ale* IV Aguila IV Alfred V AU trans IV Alpac IV Angkutan IV m I APL in Arya Nat n ASCL m Asia Merchant IV Aust.Cont IV Bank n Banner V Batam n BBS n Ben Asia m Ben/EAC m Ben m Ben Ocean452 words
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Article849 1979-02-28 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 the849 words
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Article915 1979-02-28 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. Aguila Oriental—Same. Ahli Shipping— Sharjah. Alfred C. Toepfer Line— Intermodal. Algerian National Line (CNAN )—Uni pacific.915 words
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1095 1979-02-28 18 WHILE tankers and bufc carriers have felt the full weight of the recent depression, with millions of tonnes of surplus shipping laid up, the world's liner trades have been managing very nicely. Traditionally less affected by the violent turns of the freight cycle,1,095 words
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Article475 1979-02-28 18 THE PORT of Liverpool suffered losses amounting to more than Cone million resulting from the recent UK lorry drivers' strike. The million pounds disappeared with ships that were diverted, compounded by fall-back pay for dockers who could not be found work, costs due to congestion on475 words
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Article, Illustration337 1979-02-28 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Centaur (***** after Turkmeniya) 42/43 Fortune Mariner (0530 after Frotakobe sails) 38/ Golden Source (0600) 22 Hoegh Elan (after Three Star) 6/7 King Pearl (0600 after Golden Glory) 20 Makhtum Kuli (after Fortune Mariner hauls) 35/36 Nedlloyd Forcados (0600 after President Cleveland)337 words
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Page 13 Advertisements
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Advertisement616 1979-02-28 13 I:veivTt Lines KM TMf MOST Ft (QUINT SAILINGS TO BANGKOK HONGKONG JAPAN PUS AN Cv«r*tt StoanwMp Corpn. 8/A O>**o»d Cr*«« V«gopo«f 'r 9 36 fcof fi- JO 101 OCIC »Og TH 2.44T 3 Po*t SOCS»-«P CO T* M77JT a JARDINF AMAH t Orient Overseas Ca*dcjMeA Line FULLY CONTAINERISED SERVICE TO616 words
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Advertisement261 1979-02-28 13 SEALORD UJ ANTAH M UASC UNITED ARAB SHIPPING CO (SAG) :>:if 1 I *y 111*:I•}!i•: lli ■ARABIAN GULF WEEKLY SERVICE! 11 1 11 Vessel I S pore Loading for Dubai (12/3). Abu Dhabi (15/3). Doha (18/3), Dammam (24/3), Kuwait (27/3), Mina Al Fahal (2/4) Basrah (24/3), Muscat (27/3) Dubai (26/3)261 words
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Advertisement316 1979-02-28 13 I NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SEDVICES: FAR-EAST/EUR OPE FULLY CONTAINERISED SERVICE KOREAN JACEWOH HK CQMTANER* MERCATOt •0 CHEF S i BRDGE 0 RESEARCHER H CORAL C PAUL Spore t Utmj f stowe Ka»r» rMt Hburj Brem comian s>*n om« i Alu cup to/IMM lu Fa Carp OMt 7316 words
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Advertisement621 1979-02-28 13 DSR LINES See Tage Column 3 <c- ss Agents Singapore Shipping Agencies Pte ltd 9! 11. 1 r.wv'ii I A M ,i 3 furo Asia Line Sdn Bbd *1 P KilkNG JgJIO 3 P?H«NC 64.'51? MAERSK LINE IE II aai VI 4/3 21 »/j 22/3 I 27/3 a/3 IMPORT FPQM621 words
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Page 14 Advertisements
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Advertisement678 1979-02-28 14 KMrtoon Bar 19 3 21/3 U/4 Kaaalnva Hani 76'3 28 3 19/4 lokro Bar 6/4 7/4 26/4 BeoJder 11'4 1/5 C*J 4 b- 18-4 7/5 EXPRESS CONVCNTIONM. TO fUROPt Spore PXetanf Pen B»ao fa» Etka Ridumrs 20 3 22,'3 25/3 3/5 kU As 25 3 26, 3 30,3 29, 4678 words
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Advertisement446 1979-02-28 14 V JESS borber blue Frtat US ATLANTIC US OLE EAST CANADA It* Ma 13/13 Mar 11/19 Apr Mar IVIt Mar 21/22 Apr Mar 21 kbr 27 Apr Mar 22 Mb 71 Apr Mar 24 Mar 30 Ap Mar 27 Apr 2 Apr Apr 13 Apr 25 Apr 31 Apr 1446 words
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Advertisement600 1979-02-28 14 EVERGREEN LINE FAR EAST/RED SEA MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE I ALSO ACCEPTHG CARGO FOR GENOA. LATTAWA. BEKUT ALEXANDRIA BENGHAZI TRIPOLI (LIBYA) Spar* 'MM tat Utf UmoM LafNni fm lllh SIM SIM MIM i Apr ««M »Api XMar 44* Tm 10% IS* "A* >» Apr ICAp Tit* 1 mrt600 words
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Advertisement1093 1979-02-28 14 Everett Lines/ h| Barma Fiva Star Skippwt Carpa. Bk"BURMESE NATIONAL LINE" LOMME FOB RANGOON ■W FYMR Mr MECTMmM r 12/13 IM B F S.S C Agents n Motoyna TEPS MALAYSIA Port tCetong Tel (38V-7355 Penong Tel *****/***** CompMM ArgMrtiM Da |m T» Mav«|ac*oii latarcaatiMaatal S. A. C.I. F. fjfj "ARGENTINE1,093 words
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Advertisement776 1979-02-28 14 aO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHFNTON WAY MISTRI ROAD SINGAPORE 2 TFL *****44 7& *****70 io SANKYO LINE TIKE STAR.. MAT BREE2E MAVPMNCE. AUSTRALIA SERVICE P. Keianf SncafMri Loadmc tar: 21 Feb/3 Mar bi Part BRIS. STD, MEL 15/16 Mar 17/11 Mar776 words
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Advertisement994 1979-02-28 15 OCL Overseas Containers Limited COHTWCBHT SOHKE TO W/CONTWtT: Hl»g rum Dmtrt htm Ifm U A <nrp It Hnrt liverpaol Bat 'names *ar« <««l Maru AoatoM Bar Aamakura Ma io*t» Bat C*t at CarPfai Bay HMb 21 Mb 30 Mb 3 Apr It Km 21 Mb niter (3%) 31 M 2994 words
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Advertisement949 1979-02-28 15 ft* GRANARD LINE KLMOE DEPENMAE NON-CONFERENCE EXPRESS SER*CE ■EST BOIfO-FAR EAST/MEDITERRANEAN M* MM MI V22M 5 Mv M.rmn»ninm an* 1 Apr M y MM hhe inm. a Djibouti Mlaft PSa* Alexandria Beirut, lattatia Pweans Tripoli Bmrtu/i MMi/P Sutfart' P Said< Aieiandna Beirut Lmussol lattatia Pneans Tnptt Bewhati fctanbvi M4ah,PSaM/Ateuii4ria Be*it<949 words
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Advertisement748 1979-02-28 15 rTr> BEN LINE CONTAINERS EtfRESS CONTMO SOtWX TO/FROM EUROPE OH 4l**m* Cardfan Bay mm BMcrt h buoc bnakn r dam h»vk soton <N Genaaay/Austria Benelui France MUK P Ketant S pore Far rtaa*n Upraas bM SjM SM Sa4ad SaAad 2/3 M. W Kaataaa Bit SjM Saßad bM Mad 4/J 6/3748 words
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Advertisement403 1979-02-28 15 r~ I Scan Dutch V Vi fr>i>m:i»i L«iti 4 »7n j tNki«km|fe|a|ilil^l > ru« > airfata|MlVl WEEKLY SAILINGS EASTBOUND 1) Ifatat. TlirttdM. Orii. Mm* 2) Cip«toi|in. Uta I) >im 4) Mm* toKtorta. Imkn taw. h* Bv4u» Ml D mi* FQ/FCi MimM urp to Haafk*m t Japaa CONVENTIONAL SERVICE TO EUROPE403 words
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Advertisement561 1979-02-28 15 y; GUTHRIE BOUSTEAD SHIPPING AGENCIES THE BANK LINE LTD MMDS FOR E. S. AFRICA FROM LAST t SOUTH AFMCA S>« 77/31 Mm P 1/4 Apr FOD BANGKOK MAMA -*•"1 P Umi to Port/3 Mm Spot (/ilk r UM| S pan V 7 Mm LVKES ORIENT LINE EXPRESS SERVICE ORIECT FROM561 words
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Advertisement1005 1979-02-28 16 K LINE KAWASAKI KISEN KAISHA. LTD. fUPOPE I XPKE'.S Sf U U( TO EUROPE Spore P Keiang I Hjyff R dam HOW AN lACEWON 1W |Sa*d 8 Mar 9 Mar 1? Mar 13 Mar 17 Mar 18 Mar 23 Mar 24 Mar 17 Mar 18 Mar ?4 Mar 25 Mar1,005 words
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Advertisement729 1979-02-28 16 U.S.A./EAST CANADA SERVICE •earns ra/ia car was from ham*, p kelang. store Laa*g tar «W TOM. NORFOLK E.C./GREAT LAKES SERVICE LOAMS FOB: REM TOM. MHOU BALTMORE MUKLfIM. MONTHV TORONTO Penang Mma P Um( Ipw "SO MYSORE" (MM 3t SO) 17/11 Mb 14/ It Ha 11/14 Mb 10/12 Mb CALIFORNIA/PACIFIC NORTH729 words
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Advertisement563 1979-02-28 16 r~ i'ini|i SINGAPORE SHIPPING AGENCIES PTE LTD :i.c w Ms -A. <' ~h. t •as SHi l« si\(,mwn /.s/ i\/n iim MIDDLE EAST REGULAR LINER A SAFE WAV TO SHIP BV SSA RCL Regional Container Lines WEEKLY CONTAINER SERVICES TO/FROM BANGKOK DSR LINES fast semi conta*r soma S pox PMm563 words
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Advertisement600 1979-02-28 16 WW MALAYSIA* is Tt*NATIO*AI SHIPPING CO*PO*ATK)N BfftHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM ME D/UK/C ONTINENT/ SC ANDINAVIA 1) Matiao Stockholm Oik). Mahadu 2) Copenturn. Aarturv 3) Bremen 4) Antwerp Aaslertfam UK. S) Bas* Bortaai Also KC«H«t rttiMMc carjo lo Honf»on, 4 lapan EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT T( Mm Spore600 words
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Advertisement762 1979-02-28 16 I INTRASEA (PTE) LTD Faber House 234E Orchard RoacJ Singapore 9 Telephone *****11 '*****57 <&> jroßAsiA im KCUM nmni SHi fill COMTMKI S£BVW 10 EIMH S pan P Um| PcnMl Ippft* tor MKEI SPWT Wl to Pert M MMH flton*P« Bowiofnt Ti MM Mil 21 Hit MM* Hotlf daft* Antwerp762 words
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Advertisement250 1979-02-28 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DRECT LINER SERVICE TO EGYPT (PORT SAD ALEXANDRIA) STORE PT KEL PENANG PT SAB ALEX TANK SjM (Mb Mar 7 Ma 21 Mv 27 NUI Dpi 1* Apr 2t Hit 3 MM TIMS CMSO MAS CONTACT SOCNKDt SMCtfOK TU *****11 EGYPTIAN FLAG250 words
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Advertisement249 1979-02-28 17 Seatrain Full Container Service to USA feeder vst i-rm Monavst m om la au e/c Km*« Bar «/3 U*tm WMwUimt 1/3 Uwftan 13/3 JJ/J »/j j/4 11/4 HM(kM( bynss 13/3 Sutai aft"- 1$ sr 37 n/3 >«/< im futf Container Service from USA £**cL«< e/c aat oak u M Fnmm249 words
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Advertisement61 1979-02-28 17 OCEAN CONTINENTAL ENTERPRISE PTE LTD Room 610 6th lloor High Street Centre S pore 6 Tel ***** ***** ***** REGUI AM SAILINGS TO f BOM BANGKOK SINGAPORE SEALUCK SHVftNG CO., PTE. LTD. TEL: *****11 (3 UKS) TOO K***** IMFMR TMMN/ Slum/ TAIWAN EXPRESS UNE toy STORE I (MOM FOR: TUNCFONC61 words
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Advertisement173 1979-02-28 17 FAR EASTWEST AFRICA SERVICES CONTARO BULK SERVICE TO LAGOS/AIWA, PORT HARCOURT, COTONOU. ABDJAN, TEMA AND MONROVIA wssa tapa. Spare Lain FtnO/HMBEHH* 21 Mar May TUEFIMO 2t Mar 14 Apr 21 Apr 20 May AKSSQ 23 Apr 11 May 1C May 151 m ACCETTK BOTH COMTAMB AMD MUfTKD CARGO FRATA SMPMNG173 words
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Advertisement95 1979-02-28 17 ALFRED C. TOEPfER LINE REGULAR SERVICE TO MEDITERRANEAN <<® r 1 rotTS OF ITALY. SPAM. FRANCE TMBER SERVICE S parc P Ketone Dtscharpnf Parh 5 Mar (Mar Merfataw inTSßmoeot TRWISPORT \\VS4M ICk LI!\ES KORINS MARITIME SERVICES PTF ITD 6TH ftooo tee ***** DiNC SHfNTON SINGAPOW Tfi ??1632? Imes for' Keian(95 words
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