The Business Times, 2 May 1979

Microfilm: NL10176
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. IM/1/79 WEDNESDAY, MAY I, It'll SO CENTS
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  • BRIEFLY...
    • Article
      Lock icon Braniff lowers fares
      73 1 AFP HONGKONG, Tues. Braniff International will begin a low-fare Boeing 747 service from Hongkong to Los Angeles, Honolulu and Guam on July 5, it was announced bere today. A spokesman for the company said round-trip budget fares from Hongkong will be as low as HK52,997 (551,316) to
      AFP  -  73 words
    • Article
      Lock icon Death toll
      90 1 Reuter JAKARTA, Tues. The Merapi volcano eruption in West Sumatra has probably left 79 people dead, dozens of others injured, and scores of houses destroyed. Officials in the West Sumatra provincial capital of Padang said this evening that 65 bodies, had been recovered thus far in the stricken
      Reuter  -  90 words
    • Article
      Lock icon Spanish A-bomb?
      72 1 AFP MADRID, Tues. Spain has enough plutonium to build a "small" atomic bomb, a Spanish Member of Parliament said today. Mr Jose Miguel Bueno, a member of the Spanish Socialist Workers Party and an expert in nuclear affairs, said it is quite possible that Spain may use nuclear
      AFP  -  72 words
    • Article
      Lock icon Expanding in Johore
      71 1 Reuter JOHORE BARU, Tues A Japanese electronics firm is setting up a factory in Johore in a bid to meet an increase in demand for electronic components overseas. The Batu Pahat factory, to be called Mitsumi EHectronins (BP) Sdn Bhd, would assemble micro-monitors for tape recorders and
      Reuter  -  71 words
    • Article
      Lock icon Aussies lift MAS ban
      54 1 Reuter MELBOURNE, Tues. Australian airport workers today lifted a ban on refuelling Malaysian Airline System (MAS) aircraft imposed after the jailing of Malaysian trade unionists in Kuala Lumpur. The Transport Workers Union ended the sbt-week-old ban after being officially notified that the 23 Malaysian trade unionists
      Reuter  -  54 words
    • Article
      Lock icon Viet proposal
      75 1 AFP HONGKONG, Tues. Vietnam today again proposed to China the creation of a demilitarised zone along their border first, to be followed by otter measures to resolve their differences. "The failure to do so, plus the discussions of unrelated measures, might easily rekindle the conflict," Radio Hanoi said
      AFP  -  75 words
    • Article
      Promoting peace
      65 1 BEIJING, Tues. Chinese Premier Hua Guofeng said today his country needs an international environment of peace to carry out its modernisation programme and is ready to work with the United Nations to promote peace in Asia and the Pacific. He was speaking in the presence of reporters at
      65 words
  • Article
    Lock icon Convincing Australia starts
    358 1 Reuter TRANSPORT officials from Asean and Australia meet in Kuala Lumpur today in a further attempt to resolve their differences over Canberra's cheap airfare scheme between Australia and Britain. The Asean officials will try to convince Australia that their airlines should be allowed to take part in
    Reuter  -  358 words
  • Article, Illustration
    Employers' body takes on new job
    614 1  -  FOREIGN LABOUR AGENCY ROLE By FONG MEW LENG THE SINGAPORE Employers Federation is attempting to alleviate Singapore's labour problems by helping local employers process and monitor the recruiting of foreign workers. This new job for the federation, a departure from its traditional industrial relations
    614 words
  • Article
    More timber for Johore port
    249 1 TIMBER exports via Pasta* Gudang port in Johore are expected to increase significantly, with the operation of a timber ii—i by the MalMniin Timber Industry Board later this month. The board 1* undeiHood to be iwrwtag into Pasir Gudang this week, aad is expected to
    249 words
  • Article
    Accounts of poaching tactics surface
    551 1  -  By COLIN CHEE THE ADVENT of Japanese investors in Singapore has triggered off a small but increasingly audible row among local public accountants. A few are complaining that some firms have begun to use Japanese staff to poach Japanese clients from those firms which have
    551 words
  • Article
    JAPAN'S RESERVES DOWN
    214 1 JAPAN'S foreign exchange reserves at the end of April hit a 14-month low of U5526,107 billion (5557.435 billion), a loss of $2,706 billion in the month, the Finance Ministry announced yesterday. Ministry officials said massive sales of the dollar by the Bank of Japan to bolster the
    214 words
  • Article
    SRC is expected to tie up US$85m package soon
    233 1 A US$B5 miIUM (SslB4 milltaa) toaa package f»r the CMMrtfun, Singapore Beflalag Campaay (SBC), Is mw expected to be aigaed to stoit tw« The toaa to flaaare a HMM kail til reflaery expaaalaa prajeet aa Pmiaa, Merttmaa was to have beea
    233 words
  • Article
    Chase starts winding-up action against UEC
    469 1  -  By RONNIE LIM UNIVERSAL Electronics Corporation (UEC), which had been the main manufacturing facility of the Industrial Electronics and Engineering (lEE) Group until its recent shutdown, is now facing winding-up proceedings in the High Court. The wind-up action against UEC is instituted by Chase
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  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      30 1 whatever you need in menswear,get it at... MOHAN'S DEPT. STORE (PTE.) LTD. 321 Orchard Road W *****22 (rwxt to Mandarin Hotel) Branch: *>VTangiin Shopping Canti* 1M *****40 Daily 9am-9 pm
      30 words
    • Advertisement
      Page 1 Advertisements Column 2
      57 1 f A FRATA NEWS SINGAPORE TO HONG KONG NEXT SAILINGS "KOWLOON BAY" CLOSING 05 MAY "BREMEN EXPRESS" CLOSING 15 MAY "HONGKONG EXPRESS" CLOSING 22 MAY FOR RATES AND BOOKING PLEASE CONTACT: MR. TAN KAY HOCK MRS. JUDY TfO MISS MAY JUAN FRATA SHIPPING PTE. LTD. Suite 801,8 th Floor, World
      57 words
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      Page 1 Advertisements Column 3
      9 1 Leader Page < SHIPPING TIMES ta atut tut tot rrr
      9 words
    • Advertisement
      Page 1 Advertisements Column 4
      237 1 Cool heelthy pollution-tree driving with ▲mAßuenu COOL /MASTEP .CAR AIR CONDITIONER 5-11 GOLDHILL PLAZA SINGAPORE 11 TEL *****2 240. LAVENDER STREET SINGAPORE 12 TEL *****80' *****29 Olivetti w The Editor 4C—a robust, yet very elegant, machine The heavy-duty Editor 4C is built for continuous use This is a very tough,
      237 words
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  • TRADE AND INDUSTRY
    • Article
      The PR gulf between rich and poor states
      740 2  -  By Our Reporter THE GULF between the developed world and the developing world in the art of public relations was highlighted at a seminar last weekend on the role of the communications industry in developing nations. The seminar, organised by the Dailey
      740 words
    • Article
      MEMO PAD
      384 2 COURSES AND TALKS March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development April 30-May 4: Introduction to Marine Insurance, SITC, SITC April 30-May 4: Industrial marketing to the chemical industries, Thong Teck Building, SIM April 30-Aug 24: Tuition Courses for the Australian Insurance Institute
      384 words
    • Article, Illustration
      DATSUN IS THE 1979 CAR
      125 2 THE NEW Datann 2M-ZX has heea selected as the IfTI "import car of the year" by Motor Tread, a leading American car miguiine. The prMentation ceremony was held in Las Angeles. Picture shows president H. Majbna of Nissan Motor Corporation (US) holding the award. The
      125 words
    • Article, Illustration
      A fingerprinting spark of ingenuity
      270 2 A PROCESS of "fingerprinting" diamonds that can be used for indentification purposes similar to the human fingerprint has been developed at Bristol University in south west Britain following a suggestion from De Beers, a famous diamond company. Developed by Or Andrew Lang, the system uses
      270 words
    • Article
      Promotional team from Robertson
      287 2 TOP LEVEL representatives from a leading building material manufacturing firm will be here on a twoday promotional visit to educate potential buyers in the use of its products. The four-member promotional team from the firm of H H Robertson (Australia), is expected to arrive here tonight.
      287 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      71 2 THE KOREAN Trade Promotion Corporation in Seoul has appointed Mr Lee I—g BMk as the new director of Korea Trade Centre in Singapore. Mr Lee, 49, holds a Bachelor of Law from Kookim University. Prior to his posting here, he was the director of Commodity Research. Since
      71 words
    • Article
      Icone conference on successful joint ventures
      259 2 THE International Congress on New Enterprise (Icone) will be holding a conference in Manila from June 24-29. The conference will consist of a five-day series of meetings, workshops and discussions on the practical and proven ways of developing successful co-venturing between small or mediumscale
      259 words
    • Article
      Porite officially opens tomorrow
      155 2 A HIGH-GROWTH Japanese investment in the precision metal engineering industry, Porite Singapore, will be officially inaugurated tomorrow. The Jl-million investment is the offshore manufacturing arm of the Tokyo Oilless Metal Industrials Company Ltd and it started production of oilless bearings, powdered machine parts, ferrite magnets and
      155 words
    • Article
      More MNCs will start research here
      294 2 A GERMAN professor has forecast that more multi-na-tional companies will set up research and development facilities in Singapore in the future. Professor Gerhad Sehmitt-Rink from the Uiyversity of Bochum, West Germany, said these companies would be encouraged to do so by Singapore's favourable investment
      294 words
    • Article
      LATEST FACTS ABOUT YOUR LAUNDRY IN ONE BASKET
      338 2 ITF Pte Ltd will be holding two exhibitions at the World Trade Centre next year. The first, the international laundry, drycleaning and fabric care exhibition will be held on Jan 30, 1980. Called LAUNDREX '80, this exhibition will help satisfy the large
      338 words
    • Article
      Letters on Asean
      157 2 THE MINISTRY of Education and the Postal Services Department will jointly conduct an "Asean Letter-writ-ing Competition for Young People". The theme of the competition is "What Asean means to me". It is open to students under 16 years as at Jan 1. Entries may be in any
      157 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      66 2 INDEPENDENT CONSOLIDATION SERVICE TO: EUROPE, TAIWAN, HONGKONG, AUSTRALIA SAVE ON SHIPPIN6 COST CARGO BY PRACHT SPECIALISED IN SEAFREIGHT CONSOLIDATION SERVICE WAREHOUSING GENERAL SEA FREIGHT PROJECT SERVICE AIR FREIGHT REMOVAL SERVICE CALL: *****88 5 lines PRACHT INTERNATIONAL LTD. Suite 1301/1304, 13 floor. Tunas fildg., 114 ANSON ROAD, SINGAPORE, 2 CFS: NC
      66 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      191 2 TWO k A m n :bk i 13 Very dark variety of cola (4) 14 DM Catherine make father growl? (4) 15 Festival building? (4) 16 Nip back and fix things (3) 17 Is a bit of a risk on the river (4) 19 Catch by a fingertip? (4) 21
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  • REGIONAL
    • Article
      Lock icon Heavy buying pushes dollar up in Tokyo
      242 3 UPI A DRAMATIC improvement la the US trade balance last ■oath, particularly with Japaa, touched off active taqriag of the US dollar to drive the currency to a near oae-jrear high during tradtag in Tokyo yesterday. Hie dollar closed the day at 223.75,
      UPI  -  242 words
    • Article
      Lock icon South Korea buys rice
      68 3 AP SOUTH Korea has decided to make an emergency pur chase of *****0 tons of rice from the Umited States after two years' suspension. Agriculture and Fishery Minister Lee Lee-il said y ester day Mr Lee said that a purchase mission to buy rice is already
      AP  -  68 words
    • Article
      Japan won't neglect ties with Asean
      578 3 FRIENDLY and cooperative relations with Asean will continue to have special significance in Japan's diplomacy regardless of the socalled "China fever" that has gripped the Japanese private sector following the China-Japan Friendship Treaty, Japanese Ambassador to Malaysia Tan Sri Eikichi Hara said in Kuala
      578 words
    • Article
      Lock icon Chinese investment laws
      612 3 AFP CHINA is now preparing laws authorising direct foreign investment by foreign firms in China, it was confirmed in Bonn on Monday. Word of the move came from high Chinese officials, including Rong Yiren, vicepresident of the National Consultative Committee. They informed representatives of the West German
      AFP  -  612 words
    • Article
      Lock icon Japan to have first oversea Disney funland
      258 3 AP. WALT Disaey Pradactlaw luupotUK flaaJ stamp «f approval m agreements far eaastractlaa «f a Japanese Disneyland aa a pealasala la Ifckya Bay, campaay sffieiate said *a Mtodiy. Disney •dictate aad representatives M the Oriental Land Caouaay •f Tnkys said the USBMmllllaa (SUM
      AP.  -  258 words
    • Article
      Lock icon Australia shows signs of faster recovery
      853 3 Reuter SIGNS OF an accelerating but still fragile, recovery are appearing ill the Australian economy after four years of recession, bank and business economists in Sydney and in Melbourne said. Asked about the prospects for the economy through 1979, the economists said they foresee
      Reuter  -  853 words
    • Article
      Revive Penang's trade call
      237 3 THE PENANG Chinese Chamber of Commerce has urged the Malaysian government to set up a free trade area and bonded warehouses to revive Penang's traditional entrepot trade. The call was made by chamber president Choot Ching Khoon at the chamber's annual general meeting. Mr Choot said:
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      126 3 GAL ANT SIGMA 2000: THE LIVING ROOM COMFORT 6 i S m ft f i :4 m *»xv; m m < >'s k •v 4 >• ft 2* h. <:■ WOPStMI r T* i—P rsu'S 0* C 3SS 5 S*3 K 3C ;e C Z~ •e ur.~o's:er, Doc- ::oc ca-re:
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  • RAW MATERIALS
    • Article
      Lock icon Work on global jute pact to begin in Geneva
      603 4 Reuter. JUTE producing and importing nations have agreed to begin drafting a proposed international agreement aimed at promoting exports of the commodity, cutting costs and furthering research and development, conference sources said in Geneva. Proposals for stabilising prices of jute and
      Reuter.  -  603 words
    • Article
      Lock icon French rubber production
      138 4 AFP. THE FRENCH rubber industry consumed 450,000 tonnes of rubber and produced 640,000 tonnes of tyres' and 383,000 tonnes of industrial rubber last year. The National Union of Rubber and Plastics also announced that assumption of rubber fell by 1.8 per cent, compared with 1977. Output of
      AFP.  -  138 words
    • Article
      World tin output up last year
      105 4 WORLD pradaetlea sf tta-ta-eaaeeatratos la lf» me to IKjm tones, (ram 155,119 towi to IITJ, aeesrdtag to the litemttonl Tto CmneWn March statistical halletta. Pradaettoa sf primary tto aaetel was ap to 18>,4M toaaes (rem 179,4 M toaaes ta IVH. la Deeemher, toaam sf
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    • Article
      Lock icon Ready to start moving again
      142 4 Reuter. LARGE consignments of Sri I -anitan rubber to China held up at Colombo (or several weeks by an upset in shipping schedules have begun to move again. A Commodity Purchase Department spokesman said two ships, one in Colombo port and the other in the
      Reuter.  -  142 words
    • Article
      MALAYSIA TO SETTLE RICE DEAL
      124 4 DIRECTOR General of the Malaysian Rice Department, Young Amouri will arrive this month to negotiate the purchase of 25,000 tonnes of glutinous rice from Thailand, Bajr Issarasena, director general of the Thai Foreign Trade Department said. Malaysia agreed in principle early this year to buy
      124 words
    • Article
      Urgent need for palm oil marketing strategy
      695 4 PALM oil's growing importance as a favoured export earner in the Malaysian economy has necessitated a close evaluation of its marketing strategy to cope with the stiff competition from soyabean oil in the international market. Because palm oil forms only about 7 per
      695 words
    • Article
      Lock icon A major break for gold refining
      189 4 Reuter. SOUTH Africa's National Institute of Metallurgy has achieved a major breakthrough in gold refining, enabling cheaper gold recovery over a shorter period than through the existing process. Mines Minister Fanie EA told Parliament that using this process, which can also be applied to
      Reuter.  -  189 words
    • Article
      Lock icon China seeks more copper from Manila
      97 4 Reuter. CHIN A is seeking to buy up to 100,000 tonnes a year of Philippines copper, Manila's Industry Minister Vicente PaternosakL This is five times more than that originally offered. by the Philippines, which has most of its production committed to long-term contracts with
      Reuter.  -  97 words
    • Article
      Rubber
      178 4 TERMINAL rubber in Loudon yesterday held within a restricted trading range closing a quiet morning 0.06 pence per kilo down tram Monday night to 6JO pence up. Turnover totalled 180 lots of 15 tonnes including one kerb and a fair proportion of self trading. Rubber dealers said that, with
      178 words
    • Article
      Soybean
      125 4 CHICAGO soybean futures on Monday closed mixed with old crop months lower and new crop months up. Prices were down 11 US cents to up two cents a bushel. Traders said old crop months came under selling pressure from the larger-than-anticipated deliveries against the May future. Commissioo-house selling depressed
      125 words
    • Article
      Wheat
      68 4 WHEAT futures in Chicago on Monday closed mixed, up 2V« US cents to off 1V« cents a bushel. Traders said commercials were seers with commission houses and locals late buyers. They said nearby contracts garthered strength from light offerings, adding that deliveries against the May contract were in line
      68 words
    • Article
      Hongkong Comex
      143 4 THE SUGAR futures market yesterday closed firmer in continued slow trading, with no trades registered as on Monday, dealers said. May closed at 8.19/21 US cents against Monday's 7.44/48 close, July at 8.55/60 against 8.08/11 and March at 9.65/70 against 9.40/46 cents. Sugar futures ctoaiag prtcca: May torn
      143 words
    • Article
      Textiles
      191 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (la HK doUare. spot ex-godown) C*Ma 7am: China Blue Phoenix 30a 2.360; 3k 2.840 40* 3,070 (per bake o( 400 lb*). Piece faade: China Butterfly and Globe brand unq; Dragon Head unq; Five Lamb* unq; Flower and Butterfly
      191 words
    • Article
      Rice
      92 4 HONGKONG: The market was quiet yesterday, with prices all unchanged, dealers said. Turnover totalled 311 tonnes comprising Thais 88, Kwangtungs 119 and Australia* 104 (Prices ka HKJ per piciil ex ■Ottawa): THAI WHITE 100 per cert old crop Ist class 123.00N, 2nd IMJHN, M UUMr, Spl 3 per cent
      92 words
    • Article
      Lock icon Grain futures traders hedge against losses
      732 4 NYT. WITH the release of the US government's spring-plant-ing and stocks-on-hand surveys, grain and soyabean futures traders spent a busy week placing their market spreads to minimise potential losses from both hedging and speculative operations. A spread, also termed a straddle, is simply the
      NYT.  -  732 words
    • Article
      Lock icon Rice harvest revised upwards
      394 4 Reuter. THE BUREAU of Agricultural Economics sharply raised its fourth forecast of Australia's 1978/19 rice crop to a record 670,000 tonnes from its third estimate of 000,000. This compares with the 40,000 tonnes 1977/78 crop and the previous record of 530,000 tonnes in 1978/77. The Bureau
      Reuter.  -  394 words
    • Article
      LONDON MARKETS
      607 4 COFFEE: Robust* futures yesterday ended a quiet opening call steady £1 down in spot May to £10 per tonne up in distant untraded May. A total of 469 lots were traded including around 130 lots of cross trades. Early mixed commission and trade house activity centred around near
      607 words
    • Article
      Palm oil
      63 4 CXF North European ports, In US dollars per ton unle otherwise stated LONDON: Malaysian 5* ffa bulk per ton June Sumatra 5* Ha bulk iC June July NljptriaS* ffabulkstc Ma ne Nklr OBOalr aaasir aaosir 07Sslr nwh unq OTOslr fiS2 :Sir an/aupd 970/077 1 ipd OTO/flTS'ipd 862/666pd unq
      63 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      84 4 rSif' Just pick up the phone and Emery picks up the responsibility. i% »\»V» 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.
      84 words
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  • OVERSEAS
    • Article
      DAILY AIRCRAFT MOVEMENTS
      712 5 ARRIVALS Service Local Operator Number Time From GIA GA944 1055 PKU GIA GA908 1100 MES 1 UB UB231 1115 RGN THAI TG423 1125 BKK PAL PR501 1135 MNL RBA BI423 1200 BWN GIA GA982 1200 HLP SIA SQ240 1210 MES SIA SQ201 1245 HLP MAS wnoM 1245
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    • WORLD IN BRIEF
      • Article
        CARPENTER SUES FOR $3b
        327 5 A CARPENTER filed a US$l.6 billion (5J3.47 billion) negligence suit in a US district court on Monday against Babcock and Wilcox, designer and builder of the damaged Three Mile Isx land nuclear plant. The suit was filed on behalf of Terry Smith, a 22-year-old carpenter from
        327 words
    • Article, Illustration
      Lock icon Callaghan overtakes Thatcher in latest opinion polls
      331 5 UPI WITH ONLY tM days re—Miag Mm the eleettaa, Labear Prime Mlalster linw rilhgha ku •verUkei Ctaaemttve leader Margaret Thatcher la the latest iplslis psU pe Wished yesterday. Ike leassa beth party Imlw appear ta be table* tram tke pells Is tkat tke
      UPI; AP photo  -  331 words
    • Article
      Lock icon Garter sees hopeful signs for the economy
      653 5 UPI. US PRESIDENT Carter said on Monday he sees some hope far improvements in continuing rises in the prices of food, housing and fuel. He noted that while the country has very little control over oil prices, a major factor in fuel costs,
      UPI.  -  653 words
    • Article
      Lock icon Rumania gets $1.9b loan for reactors
      118 5 AFP. RUMANIA has been awarded a CH billion (SJI.9 billion) credit to help finance the purchase of four Canadian-made Candu-type 600-mega watt nuclear reactors. Canada's Export Development Corporation made a Cs6Bo million credit available to Rumania which ordered the reactors last December. The balance
      AFP.  -  118 words
    • Article
      Lock icon Iran breaks off diplomatic ties with Egypt
      340 5 UPI IRAN broke off diplomatic relations with Egypt on Monday in a dramatic swing to the radical bloc courting Ayatollah Ruhollah Khomeini's government since the mid-February revolution. The severance of relations was announced by Teheran radio. Hours later, however, the Foreign Ministry's official
      UPI  -  340 words
    • Article
      Lock icon Sears slashes its catalogue prices by 5 per cent
      489 5 NYT SEARS, Roebuck A Co, the United States' largest retailer and catalogue seller, has reduced by 5 per cent all prices in its current general catalogue. The Chicago-based retailer, which reported sales of about US$lB billion (Ss4o billion) last year, said
      NYT  -  489 words
    • Article
      Lock icon N-PLANT ON ISLE LEAKING AGAIN
      134 5 AFP. FRESH leaks of slightly radioactive cooling water are continuing at the disabled Three Mile Island nuclear reactor. A deputy director at the Pennsylvania Power Station, Denny Ross, said this in Washington on Monday.Continual seepage in the cooling system's pipes used to flush the water
      AFP.  -  134 words
    • Article
      Lock icon UN nullifies Rhodesian elections
      84 5 Reuter. THE UNITED Nations Security Council has declared the internal elections in Rhodesia to be null and void and said all UN members should strictly observe economic sanctions imposed on the breakaway British colony. The council resolution was approved by a 124 vote. Britain, the US
      Reuter.  -  84 words
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  • Article
    Towards a new industrial society?
    483 6 SO FAR the employment of foreign workers in local industrial companies has been carried out with a commendable lack of social upheaval and a surprising freedom from intervention by fly-by-night operators. There have been a few cases of employment sharks hiring Thai workers and then
    483 words
  • Article
    Chinese Chamber means business
    232 6 REPORTS that the Singapore Chinese Chamber of Commerce and Industry intends to tighten up on discipline and remove those directors who have been absent from 'three of the chamber's monthly management meetings without reason should be received warmly by one and all. The chamber has established
    232 words
  • Article, Illustration
    Bilingualism: explore all the possibilities
    1912 6  -  By ANDREW YEO THERE IS A time for debates, a time for discussions, and most important, a time for decisions. The new restructured education system as spelt out in the Report on the Ministry of Education 1978 has gone through the motions. It is now
    1,912 words
  • Article
    The curse of unemployment
    1246 6 THE figures are numbing and mindboggling: over the next 21 years, the global labour force will grow by about 900 million people. Added to the estimated 50 million now unemployed, there will be more than one billion jobseekers worldwide by the year 2000. Providing jobs for
    1,246 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      229 6 James Dines is the editor of the Dines Letter which was recently awarded a silver cup by The American Economic Council inscribed "Most Outstanding US Market Letter 1978" First time in Asia James Dines Seminar James Dines is The Original Goldbug. He was the first Wall Street analyst to predict
      229 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      31 6 Biustow".' Ffcrxk Dickens JOCS-CPU- f^CLOCKV I U«5 \N t\>Q, POCOONTS Tp*LXir4G TO FfIVONS UMfcN -Tne TeA LPOV Pu»KtO GuRS OTT€fS [T3! nrr f?! 7* ll me LUCKyW. ftcfceo up OCf XUO^ArueTp»S
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      759 6 Spotlight on Nova AFTER yesterday, today «nM seem like a letdown, with nothing spectoealar, Jut those ru el toe mill programmes that seem to get to m Wednesdays. v The day starts off at S p.m. with I Lave Lacy with Lucille Ball packing to a little laaghter to a
      759 words
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  • Article
    A new strategy for product distribution
    2091 7  -  Most chief executives are interested in how their products are priced and promoted when they discuss marketing strategy. They often do not look at how their products get to the market. The distribution function need not be seen as a cost centre with cost
    2,091 words
  • Article, Illustration
    Lock icon CLEAR PERSPECTIVES NEEDED IN WORLD TRADE
    1454 7  -  By MANOLO JARA Depthnews THE sixth special session of the United Nations approved a Third World backed resolution calling for the establishment of a New International Economic Order five years ago was a major accomplishment. Since the, however, not much has been done. In
    Depthnews  -  1,454 words
  • Article, Illustration
    Reviving economy awaits the new UK government
    699 7  -  with Frank Broadway THE government which takes office after the British General Election on 3 May should face no crisis calling for immediate action though it will, of course, inherit the problems of unemployment and slow growth which are now common to most
    699 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      136 7 1 <2 i s* m Yi .t. >/<. 9 '/4 m. 1 n i !»i +7777**"*'' ?#»i Buy a pea green boat or sell a nautical puss. Leisure Times is right on target For as little as $15, you can sell anything in Leisure Times a painting, a world tour,
      136 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon A lower-priced share
      656 8 IBM'S PROPOSED STOCK SPLIT Reuter WALL STREET is about to lose one of its highest priced stocks International Business Machines 'Corp. A proposed four-for-one stock split will soon put IjßM's stock price below US$lOO for the 'first time s£nce 1933. Its high in the past 19 years,
      Reuter  -  656 words
    • Article
      Picop's net profits plunge
      99 8 PAPER Industries Corp of the Philippines (Picop) suffered a severe setback last year with net income plunging to 2.32 million pesos (53.67 million) on a slight sales gain of 856.66 million pesos (800.8 million). Net income per common share amounted to seven centavos (1.66 pesos). Picop
      99 words
    • Article
      Lock icon Backlog at McDonnell rises
      205 8 Reuter. McDONNELL Douglas Corp said its firm backlog on March 31 rose to US$6.l6 billion from $4.61 billion a year earlier, with commercial business accounting for 51 per cent of the 1979 total. The total backlog increased to $10.58 billion, 60 per cent of it government
      Reuter.  -  205 words
    • Article
      Lock icon LOCKHEED UP
      133 8 Reuter THE LOCKHEED Corporation nM its drat quarter profit rone to US$l IJ mllltoa (ran $1.7 million, reflecting mainly the qurterty aroortlsstloa of Trlstar cwt*. Oa a per tee basis, Lockheed's profit was 17 cento compared with 1$ cento a year agn. Sales Increased to $1 billion from
      Reuter  -  133 words
    • Article
      Lock icon INCREASED EARNINGS FOR ATLAS
      137 8 UPI. ATLAS Consolidated Mining and Development Corp. said it recorded net earnings of 87.3 million pesos for the first quarter of 1979 against 1.66 million pesos it netted during the same period last year. Based on the 83.61 million shares outstanding, earnings per share rose to
      UPI.  -  137 words
    • Article
      Lock icon Shiseido goes all out to save face
      1016 8 NYT IN A MOVE not intended to save (ace, Shiseido, a major Japanese toiletries and cosmetics company, announced in 1976 that it was cutting the number of department stores it serviced in America. In a year's time, it pared its outlets from 750
      NYT  -  1,016 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      176 8 Where to wine, dine and entertain Take a new look at the Harbour GrilL Treat yourself and your business associates to an excellent lunch selected from our superb offering of choice CIS prime beef, our daily Nouvelle Cuisine specialities or let our executive Chef, Leo Waldemeier help you pick a
      176 words
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      Page 8 Advertisements Column 2
      205 8 minim Non>S Food fHO-fl Singapore V A. t n true, local flavour. A delicious blend of Indian, Malay Chinese rscipes. Incredibly appetising! j Cost $50 per table of 8 persons $10 additional person Pnce subject to 3% Cess 10% Service Charge M riaCB. I Ist Floor, LUNA COFFEE HOUSE I
      205 words
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      Page 8 Advertisements Column 3
      106 8 For lunch. For dinner. For a richly rewarding experience. ah v r r>v A t I 'nrk Slirrnlon 'tmy'- Sil l| H Ht i 1 I II s U NCI II.( SII )i;i j >( ).\RI -V )UI I t\A 11 }OI <*x in < li^J)' -> <iw .ill >11
      106 words
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      Page 8 Advertisements Column 4
      133 8 *7 o, "In the Georgian Vftng dtheCocbpit a splendid Period restaurant Tffering the choicest fare in the true British tradition where good tasie triumphsfrom Bed VfeUingm. Bmerfly Rflet and a wide choioe of traditional dishes o dining in a luxurious period atmosphere. \Wth servioe friend and foe praise us for'
      133 words
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  • BANKING AND FINANCE
    • Article
      BAs are cheaper, Citibank tells Malaysian clients
      702 9  -  By NOORJAHAN KARIM THE COST to customers utilising bankers' acceptances (BAs) may be lower than direct borrowings from banks in current easy money market conditions. This is because banks do not have to observe the minimum lending rate, or the prime rate, or
      702 words
    • Article
      Lock icon Treasury raising US$2.5b new cash
      343 9 Reuter UNITED States Treasury Assistant Secretary for domestic financing, Mr Roger Altaian, said the Treasury will raise US$2.5 billion (555.5 billion) of new cash through the issue of 10year notes and 30-year bonds early this month. This is part of the current quarter's financing programme
      Reuter  -  343 words
    • Article
      Lock icon Changes confirmed
      232 9 Reuter THE GENERAL Services Administration (GSA) announced changes in procedure at the next US gold auction on May 15, with the bids no longer being opened and read in public. The GSA, which conducts the auction on behalf of the US Treasury, said full information on the bids
      Reuter  -  232 words
    • Article
      Lock icon Credit Suisse first quarter profit up
      154 9 Reuter CREDIT Suisse has announced that its gross profit rose in the first quarter of this year. However, it gave no figures. The larger profit earned with increased share capital will partly have to be used to step up contingency reserves in the face
      Reuter  -  154 words
    • Article
      MORE DATA NEEDED ON ISSUE OF CONTROLS
      152 9 US FEDERAL totrw B a r d eltlrati G. WUttaai Miller said eeatral bitm still aecd m«rr data m Ectmmtketa helire deeldlag whether eeatrela are Be aaU he la arither fee aw agalaat the hrtratfaettea ef eeatrate m the grewth Pan—rhat fepeetto, "hat
      152 words
    • Article
      Lock icon Gold price consolidating for year-end advance
      571 9 Reuter THE GOLD market will undergo a period of consolidation before the price rises again at the end of the year, bullion market sources in London predicted. The recent US decision to halve the minimum amounts on offer at the monthly Treasury gold auctions,
      Reuter  -  571 words
    • Article
      Lock icon RESERVES FALL
      116 9 Reuter BANK Negara Malaysia said its gold and foreign exchange reserves fell to M 57.57 billion as at April 14 from $7.58 billion at March 29 and $7.65 billion at March 16. The bank's fortnightly balance sheet showed total assets rose to 99 billion against $8.79 billion at
      Reuter  -  116 words
    • Article
      Lock icon Canadian money supply up
      82 9 Reuter CANADIAN narrowly-de-fined money supply M-l rose Csl24 million (about ***** million) to $22.04 billion in the week ended April 18. The Bank of Canada said M-l-b, currency and all chequaMe deposits, rose $200 million to $29.62 billion, and M-2, currency and chequable, notice and personal
      Reuter  -  82 words
    • Article
      Lock icon Edinburgh basking in financial glory again
      1013 9 NYT EDINBURGH: After decades of stagnation, this black-granite Scottish capital has recaptured some of the glory it enjoyed in the 19th Century as one of the world's biggest financial centres. Often described as the Boston of Britain conservative, inbred and devoted to husbanding old
      NYT  -  1,013 words
    • Article
      Lock icon New debt instrument meets qualified market approval
      410 9 Reuter NEW Euromarket debt instrument has met with general but qualified approval, bond market sources said. The US$3O million (Ss6s million) "drop-lock" bond for Two Power of Finland carries an interest rate of per cent above six-month London Interbank Offered Rates but if
      Reuter  -  410 words
    • MONEY AND EXCHANGE$
      • Article
        London
        312 9 STERLING yesterday opened weaker against all currencies as it was sold in quiet early trading following publication of a newspaper opinion poll giving the Labour Party a slight lead in tomorrow's general election, dealers said. The yen also opened weaker against an easier dollar, after weakness in Far East
        312 words
      • Article
        Hongkong
        233 9 STERLING yesterday fell almost 100 basis points during the day to be quoted at USJ2 0580/90 in late trading, easing in reaction to a UK opinion poll indicating a Labour Party lead in popularity ahead of tomorrow's general election, dealers said. With the Singapore market closed, early sterling trading
        233 words
      • Article
        Tokyo
        231 9 THE US dollar for overnight delivery yesterday closed sharply firmer at 223.75 yen, compared with a 222.40 opening and 219.15 at Friday's close, after reaching a high of 224.10, despite central bank yen-support intervention. The Bank of Japan sold an estimated US$2OO million to $250 million at various levels
        231 words
      • Article
        Euro $ rates
        57 9 Euro rates Eurodollar deposits opening quotes on May 1: Overnight and tomorrow/next 10 H, 10H Spot/next 30' 4, 30'• Week Ox 10 10*. One month 10H. 10't Two months 11,10 Three months ll I 11 Four months 11,10 Five months 11-1 16, 10-15/1 C Sx months 11-3/16, 11-1 16 Nine
        57 words
      • Article
        Gold
        186 9 RETAIL prices per tahil quoted by the Singapore Chinese Gold Silver Merchants Association are Ss66o for 90 per cent gold, $700 for 22K gold and $740 for 24K gold. The LONDON morning gold fix yesterday was U*****.70, up $2.40 on the previous fix. In HONGKONG, the international gold price
        186 words
      • Article
        MLR
        21 9 THE average rale at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.
        21 words
      • Article
        Zurich
        73 9 ZURICH exchanges closing quotes on April 30: US —1.7230 7230 Stg 3 5616 5649 Can ***** 5100 DMk- 90 6030 6M1 D n 83 5311 6205 F Fr 39.3825/4279 B Fr 5.6888 SMO D Kr 32.4111 4390 N Kr 33 2947 3268 S Kr 39 1186 1546 Ut 0
        73 words
      • Article
        Frankfurt
        53 9 FRANKFURT exchanges closing quotes on April 30: US 1.8978 85 Can 1 6645 65 Stg- 3.925 936 D F1 92.25 35 S Ft 110.30 45 Lit 2.237 147 FFY 43 48 58 D Kr 35 76 86 N Kr 36.74/84 B FY (com).— 6.285 295 B Fr (fin) 6.16/17
        53 words
      • Article
        Australia/NZ
        63 9 QUOTES on the Australia and New Zealand exchanges on May 1: AUSTRALIA: US dollar I.IMB 1.1000 Sterling 0.5359 0.5296 Ninety-day airmail buying rates: Sterling 0.5563 US dollar 1.141S Ninety-day forward buying rates: Sterling 0.5410 US dollar 1.1117 NEWZEAL4T4D: Reserve Bank midrate U*****53 Trading Bank indicmtioas Sterling 0.508/0.505 US dollar
        63 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      41 9 Credit Suisse First Boston (Asia) Limited 2502 DBS BUILDING, 6SHENTON WAY SINGAPORE 1. DEALERS ASIAN DOLLAR BONDS ASIAN DOLLAR CERTIFICATES OF DEPOSIT FLOATING RATE NOTES CALL: DEALERS TEL *****44 TELEX: R*****1 MEMBER OF CREDIT SUISSE-FIRST BOSTON GROUP OF COMPANIESINTERNATIONAL SECURITIES DEALERS
      41 words
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      Page 9 Advertisements Column 2
      169 9 "Fifteen going on sixteen twenty lour That's reminiscent of a song. Which isn't what we wafit to tell you. Because we ve got other music tor your ears The Perkm-Elmer 1624 System. We call it the "Sixteen Twenty Four". Sung. Of course But no matter what you call it. the
      169 words
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  • STOCK MARKETS
    • Article
      Lock icon GPU halves dividend
      322 10 Reuter. GENERAL Public Utilities (GPU), which owns the Three Mile Island nuclear plant in Pennsylvania, has cut its dividend nearly 50 per cent to conserve cash to pay for the costs of an accident at the plant in March. The holding company said it reduced the quarterly
      Reuter.  -  322 words
    • Article
      Very active trading
      383 10 TOKYO SHARE prices roae in very active trading, on selective buying interest in resourcesrelated and other issues, although the uptrend was checked by caution later in the session, dealers said. The market average gained 20.16 to 6,236.92 with volume of 640 million shares. The Tokyo Stock Exchange
      383 words
    • Article
      SHARE INFORMATION SERVICE
      2626 10 Gr'» Gr"« Net 1978/79 Last Div Div Y'ld P/E Vol Dav Hi«k Low Company Sale or- C*vr COOO) High Low SECTION ONE j INDUSTRIALS 253 207 Acma 246 1 12.0N 15 45 26.7 3 246 245 190' 123' Alcom 182 10.0 2-2 5.4 245 142 110 Allied
      2,626 words
    • Article
      Hongkong
      297 10 STOCK price* closed mixed with a slightly firmer bias, dealers said. The Hang Seng index rose 1.82 to 559.64. Turnover was HK$3l49 million. Hongkong Land rose 10 cents to $8, Hongkong Electric 7.5 cents to $4.70, Hutchison Whampoa five cents to $4,125, and Wheelock 'A' five cents to $3,225.
      297 words
    • Article
      Selected indices
      63 10 FINANCIAL TIMES INDUSTRIALS Mon 551.3 Frl 547.9 Week Ago 536.0 DOW JONES AVERAGE INDUSTRIALS Mon 854.90 Frl 856 04 Week ago 860.10 LONDON DOLLAR PREMIUM Mon 54V« to 55'. Frl 58 to 58'* H.K.HANG SENG Tues 530 84 Mon 537.82 Week ago 530.36 SYDNEY INDUSTRIALS Tues 480.36 Mon
      63 words
    • Article
      Further credit control fears worry investors
      1240 10 NEW YORK INTEREST rate worries and confusion about the outlook for {be economy pushed the stock market lower in moderate trading on Monday. Analysts said investors were wary about possible further credit tightening following the slight firming signalled by the Federal Reserve last Friday.
      1,240 words
    • Article
      JO'BURG
      295 10 APR 30 Rand INDUSTRIALS a Alpha 196 -5 Abercoo AE And CI Airtr as «0 1UM 3 -6 Barlowi M6 -J s Curm nnuet 1<B uncb D* Been Ind Erirnn un 3HB 1 uncb Ercradt Pad Volk 4300 225 S Pu(1t Oardlan Otenanl 112 unch OntMin Hippo Htveftd MOB
      295 words
    • EUROPEAN MARKETS
      • Article
        Paris
        257 10 apr a m CORBEILLE Alr-UquM* 410 +14 B S N Oervaii Danone M7 el C 8 P {ThoauooCof) 401 +1.1 CU rrmncmlae do Petrotea lflOJO +1J Comptfr.if Ptnancter* Cofoptfnk Omnia 303 +0il Credit Poncter Da Prance 400 uncb HaehaUc (ubnurtei SI -7 Mlflllnw Bull O.M -44 Mkctttlln Partbaa SI
        257 words
      • Article
        Frankfurt
        167 10 Atf-TelcfuiUtn 5710 *03 2830b Alto Leben Alto Van II 1 140JO +M sr 141.10 +0J nm i" mao SMI0 +U DUO >1 203.00 +1 azac -OJ |.V^Pie THJOD 0J XX JO uneh DC Tcxaco Dyckcrhofr ST A naoe laajo +u tnu Oianx* «J0 »0J Or Lambert 13X00 nuu Hapa«-Uoyd
        167 words
      • Article
        Milan
        94 10 APR 30 Lire Ante 33.75 -0.25 Assoc Oen ***** •20 Bsstofl 007 14 Centnlc 4729 •1 rt.i 1751 10 Ftnslder 163 unch Oen Iromob 77 5 in Prl It&lcementl HZ ***** 130 It&ifms 746 4 IUlslder 304 JO •IS MmcneU MPf Sfi0 +3 kUrelll Ere 200 3 Medtob *****
        94 words
      • Article
        EDPER withdraws bid for Brascan
        132 10 EDPER Equities Ltd said it has withdrawn its bid for 45 per cent at Brascan Ltd at Cs2B a share because of Brascan's H. 3 billion bid for F.W. Woolworth Co. However, if the Woolworth bid fails, Edper would consider making a renewed offer for
        132 words
    • Article
      Sydney
      291 10 THE MARKET continued firmer, with growing institutional and oversea support, dealers said. Bankers led the rise, with the ANZ gaining 17 cents to A 14.32 and the NSW nine cents to $3.47. Sugars made further small gains ahead of government approval of sugar price rises. MAY 01 Cent* INDUSTRIALS
      291 words
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  • COMPANY NEWS
    • Article, Illustration
      Lock icon Buy, we're in a bull market
      906 11  -  By OUR REPORTER STOCK market followers, especially those in these parts of the world, have a great love for the mystique ok charts. This can be both exhilarating or frustrating, depending on the results seen by those who are willing to dabble in charts
      BT charts by Donald F. Sinclair  -  906 words
    • Article, Illustration
      A few lessons to be learnt
      1396 11  -  SIME-GUTHRIE BID Why did the Sime bid for Guthrie fail? SUSAN BEVAN, in this first of two parts, looks at the battle in retrospect. SUSAN BEVAN NOW THAT the dust is clearing after the big battle between Sime Darby and the Guthrie Corporation, Sime
      1,396 words
    • Article
      DIVIDENDS ANNOUNCED
      629 11 Current Ex Payment Dat* Books Date Total for Total for Cioae Payable the year Previous year Bedford 30% Austral Eat 10%(n) Talam Minn 5*<n) Cen Sugars SHI Keck Sea« 7.5* Tractors 10*1 M Cables 10% Mia 8m 10%I Guthrie 5% N 8 T 15% I UOL 4%(b) G
      629 words
    • Article
      SCRIP ISSUE
      216 11 Conpany Particulars Ex Date Books Close Dualop Est Bonus Issue of 1 for 5 Apr 18 Apr 30 Ajisomolo Bonus Issue of 1 for 10 Apr 24 May 7 Toshiba Rights Issue of 3 for 2 <p $1.50 per share May 7 May 18 Apollo Rights Issue of
      216 words
    • Article
      COMPANY MEETINGS
      409 11 BEDFORD PlMtttlm BM: AGM to be held at Chartered Bank Chambers, Beach Street, Penang, today at noon. ijhnufi (M) BM: AGM to be held at 6.5 miles, Simpang Salak South Baharu, Kuala Lumpur at 9.00 a.m. on May 7. Malayaa Cemeat Shi: AGM to be held at 1st
      409 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      230 11 111 i f H Ul' I i THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE. SINGAPORE 26-30 MAY 1980 au Every year, thousands of new rubber and plastic products enter the market. Whether for use in industry or the home, every product reflects some new development
      230 words
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  • Article
    Union leaders must never be mere bureaucrats
    486 12  -  By JOHN LIM UNION leaders must not become insensitive bureaucrats, and the union machinery must not become inflexible, like the civil service bureaucracy. Otherwise, the rank and file will not idientify with their union leaders and the union machinery will be seen as
    486 words
  • Article
    Joint action on welfare is needed
    309 12 THE National Trades Union Congfess hopes that managements and the Government will contribute in a bigger way to workers' welfare through joint participation in welfare and supportive social services projects, NTUC president, Mr Phey Yew Kok, said yesterday. Speaking at the May Day rally,
    309 words
  • Article, Illustration
    Lock icon Ohira to be received at White House today
    348 12 UPI TALKS between Japan and the US on major global and bilateral problems start today when the Japanese Prime Minister Masayoshi Ohira is formally received at the White House. Japanese sources said Mr Carter and Mr Ohira will seek ways to coordinate
    UPI; AP photo  -  348 words
  • Article
    Lock icon APPEASING KOREA
    223 12 AP JAPAN HAS effered to sead a bayiag mlnslsa to Beeal after Seath Kerea threatened to earb Its Imparts (ram Japaa aaleea she meves to earreet toe earreat trade lilalw-, heavily favearlag Takya, a Seaal aewspaper reparted yesterday. The Deag-A-Oh* fated amrtoh at the Cammerce-ladastry Ministry m nyiat
    AP  -  223 words
  • Article
    Call to enrich working life
    283 12 GOVERNING bodies of the NTUC and all affiliated trade unions were encouraged to promote the speedy emergence of a new generation of highly qualified and dedicated trade union leaders. This call was one of the 10 May Day resolutions moved by the secretarygeneral of the
    283 words
  • Article
    Lock icon Asia's pressing priority to lift rural poor from the breadline
    383 12 Reuter THE NEED to speed up assistance to end Asia's rural poverty, stop the massive drift to already crowded towns and provide more gainful employment in rural areas, will be the theme of the 12th annual meeting of the Manilabased
    Reuter  -  383 words
  • Article
    Lock icon Asean's world ties
    65 12 AFP ASEAN is establishing economic and cultural relations with Scandinavia, the South Pacific Forum, Latin American countries and India, the Malaysian news agency Bernama reported yesterday. The secretary-general of Asean, Datuk Ali Abdullah of Malaysia said the association's policy of establishing relations with third countries is also
    AFP  -  65 words
  • Article
    LONDON STOCKS
    697 12 THE FOLLOWING are Monday's closing middle prices compared with Friday's: RUBBER PHYSICALS LONDON. The following in Moo day's poors The market cloned quiet today with. Spot 60-50, 61.50; CDFs June MOO. M.50; and July M 00. M.50 LONDON > METALS Unofficial COPPEB bar* Firmer 4,T00 CashU.ols.so 1.017.00. Three
    697 words
  • Article, Illustration
    Lock icon A SEA OF WORKERS
    152 12 AFP ABOUT wvm bIIUmi werken Jrimi the May Day rallies held at mere terday, eetehratiag the eeaatry*s Mh "Werken' Festival." Mi year's May Day reeetatleas were fer higher wages, eafhyacat rtiMlhitlw, wiallsstl— ef a Ave day work week lad expe—l— «f the mcUI Mcarity lyiten, Mctrdag
    AFP  -  152 words
  • Article
    Hitting the high spot
    116 12 FOUR WEST Asian oil producers are selling their oil on the spot market at prices 40 per cent above their declared official prices, said the Kuwait news agency, Kuna. Citing reliable oil sources, Kuna said the four Opec members are benefiting from the fluctuation of prices
    116 words
  • Article
    Chinese press and the society
    193 12 THE IMPORTANCE of the Chinese press as an information agency and its role in social responsibilites will not diminish, said the Minister for Communications Ong Teng Cheong. Speaking at the 50th anniversary of Sin Chew Jit Poh yesterday, he expressed optimism about the future of
    193 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      90 12 TROPI-COOL AIRCONS take pride of place among the best TROPI-COOL car airconditioners are Americandesigned and engineered specially for the tropics. There are none better for the price. Ca AIR-CONDITIONER^ 1 year warranty Robust YORK or ABACUS Compressors In-dash and under-dasft models available Superb back-up service From $790, for a limited
      90 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      45 12 Report f«r 24 pri«r to 7Jt p.m. May 1 »t the aiipirt. Maximum temperature 31.0 Associated humidity 68 Minimum temperature 25.4 Associated humidity 99 Hours of sunshine 2 Rainfall in millimetres 2.1 Total rainfall for the month 2.1 Total rainy days for the month 1
      45 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon US opposes cargo sharing
        106 13 Reuter US AGRICULTURE Secretary Mr Bob Bergland said the department strongly opposes any cargo sharing arrangement in a shipping agreement with China. "We believe that cargo sharing provisions in any maritime agreement with China would definitely hamper the US competitive position in the export of agricultural
        Reuter  -  106 words
      • Article
        Lock icon Bunker surcharge
        62 13 Reuter THE India-Pakistan-Bangladesh-UK and continent conference has decided to raise the bunker surcharge on export goods to 16 per cent from 10.35 per cent and introduce a 4.5 per cent surcharge on import goods, a conference spokesman said in Bombay. The surcharge, which will become effective on May
        Reuter  -  62 words
      • Article
        Lock icon Business links with China
        84 13 AP A PORTUGUESE shipyard executive left for China on Monday to discuss possible business links with Peking. Mr Gil Correa Figuiera, public relations manager of Setenave, one of the largest shipyards in Portugal, said that he believed the ship building and repairing techniques of Portugual could
        AP  -  84 words
    • Article, Illustration
      Singapore ports take in more mineral oil
      455 13  -  By GOHENG KEE STABLE prices of oil and an increase in world consumption contributed to a 12.6 per cent growth in Singapore's oil trade last year. The volume of mineral oil in bulk loaded and discharged at the Rebulic's oil terminals amounted to
      455 words
    • Article
      Lock icon UN move may scuttle fleets of the West
      383 13 AFP A MASSIVE upheaval in the structure of the world's maritime industries could follow if plans by the United Nations to boost the Third World's shipping industry were developed according to report. The figures, based on Lloyd's shipping information, showed that twothirds
      AFP  -  383 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2583 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 involvfrxi and the estimated dates of arrival and departure from the Port of
      2,583 words
    • Article
      INDEX
      513 17 SkippUg lime Page CM ACS n 5 Afea IV 3 Alfred V 3 Alpac IV 5 Angkutan IV 4 ANL i 1 APL m 2 Arya Nat n 5 ASCL m 5 Aust.Cont IV 5 Bank n 5 Batam IV 3 BBS n 2 Ben Asia ra 3 Ben
      513 words
    • Article
      Container Schedules
      850 18 r RECEIVING OF EXPORT FCL CONTAINERS 1 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
      850 words
    • Article, Illustration
      S'pore outlet for James Bruce
      303 18 A LEADING British trading company has set sp shop Is Singapore to distribute wide range of equipment and plana to go Into production in the fntore. James Bruce ft Ca, (SEA) a wholly-owned subsidiary of James Brace ft Ca (London), started operating Is Singapore last
      303 words
    • Article
      WHO ACTS FOR WHOM
      842 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Adriatic Container— Container Feeders. AFEA Line— Singapore Shipping. Ahli Shipping— Sharjah. Alfred C. Toepfer Line— Intermodal. Algerian National Line (CN AN) —Uni pacific. Alpac Line—lntrasea. Anhsing Line— Strongwill. Angkutan
      842 words
    • Article
      Lock icon Property tax on containers rejected
      410 18 UPI The US supreme court overturned a California property tax on foreignowned cargo containers, saying it is unconstitutional because it is multiple taxation of foreign commerce. In a case of international significance, the justices said "if other states followed (California's) example, various instrumentalities of commerce
      UPI  -  410 words
    • Article, Illustration
      SHIPS IN PORT
      357 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Centaur (Passenger) (0830 after Vishva Mohini) 1/2 Dong Bee (2300) 27/28 Fedor Shalyapin (Passenger) (0830 after Mayasan Maru k Keiyo Maru) 44/45 Kota Molek (after Kota Dewa) 10/11 Mmnon (after Telendos) 47 Odeon (Ro/Ro) (1200) 29/ 30 Quirinale (0600) 42/43 Rantau (Tanker)
      357 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      329 13 livcrctt Lines KM TMK MOST PKKQUCXT SAILINGS TO BAMOKOK HONOKOMfi JAPAN MJSAN. CMrall Stewnehip Corpn. S/A CMfo»d V*fopo*» t»i nm« 36 BncH Vtr«* Wo Km 36 10J OCBC B*g 2144T 3 fo»t Kttona Aor«n VOCVHIP CO BMO Tl M77jT g .1 \RI)I\I W I Ml Orient Overseas Co*dci*teA Line FULLY
      329 words
    • Advertisement
      Page 13 Advertisements Column 2
      303 13 §a :i;§ SEALORD UU ANTAH H .1 A UASC UNITED ARAB SHIPPING CO (SAG) ■ARABIAN GULF WEEKLY SERVICE! ■i 1 —-l 1 1 1 Vessel S pore Loading for ii Kuwait (15/5). Damnum (18/5). Bahrain (22/5). Doha (25/5) Dubai (23/5). Dammam (26/5). Kuwait (30/5) Damman (24/5) Dammam (29/5). Kuwait (2/6).
      303 words
    • Advertisement
      Page 13 Advertisements Column 3
      133 13 ■NOL NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAHERISED SERVICE K MaNCNT Ml CONTAKR 111,-—i ~m Mil "1 Fstoa* HjfTf Km* 23 May 19 to, 70 fey 0 CXF SS BADGE C CONTAM* N COM. C P*UL Mw ictqUi carp k/lm* ScmAbmu tm niw tsimi ft <m SS
      133 words
    • Advertisement
      Page 13 Advertisements Column 4
      678 13 AFEA LINE REGULAR SEMI CONTAINER EXPRESS SERVICE OIRECT TO LAGOS-APAPA Sot Pago IV Column 3 for Sailings A mt s SINGAPORE SHIPPING AGENCIES PTf ITD WSHKUtM, 91 11?; Gf\f MAI *****1 >n v f uwo asia i im sn\ bho K I *****7 P M ANG *****1 3 PE Nt
      678 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      775 14 FULLY CONTMNEXtSED TO EUROPE Eke Mini limpid Bay Kambwi Eimn Bremen Eipriu Kookm Bay HaafMaf Eipreu EXPRESS CONVENTIONAL TO EUROPE S pare fld»| Pen Mm Sam HW| Bremen Rdam Antee 4/5 5/5 8/5 28/5 10/6 8/6 5/6 3/6 Raesttl--6/5 8/5 11/5 5/6 16/6 14/6 11/6 9/6 FULLY CONTMOUSED TO GENOA/TRKTE
      775 words
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      Page 14 Advertisements Column 2
      383 14 AM 25 MS tmt 34 M 34 Mr 3 Ml 2 Mr I Ml 7 Mill M| 1 Mr u Ml M Mil Ml 24 M| J Mill M|l M 3 M| 12 M> MM S* 11 Ml 5 Mill Ml 21 Mr» Mrll Mr 23 IS La TK CMMM/VM
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      485 14 EVERGREEN LINE fAR FAST EUROPF FXPRFSS FULL CONTAINER SFRVICF ACCEPTING CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP LE HAVRE ALSO ACCEPTMG CARGO FOR: UMTED WNGDOM SOUTHAMPTON. LONDON. MANCHESTER. BIRMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM S>«l Ma*Wf R*tt«dan btrnmp U Htm lorn Meter IS Iby «km ll* »km
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      Page 14 Advertisements Column 4
      779 14 Everett Linesl Burmi Fiva Star Shippi*! Corpn. "BURMESE NATIONAL LINE" loaoMc for imkoom rmU/2 May BFSSC Agents m Motors*) TEPS MALAYSIA Port KHong TH (38) 7355 Penong TH *****/***** CompMW Argentina Da Navagacton Intarcontinantal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOADING FOC DURBAN. CWCTONN. BUENOS WES Sayfapore P. Ketone
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      Page 14 Advertisements Column 5
      594 14 T mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHENTON WAY MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****70 sal SANKYO LINE AUSTRALIA SERVICE MAT CARP.. MAT SKY.... 10/12 Mar «/9 Mir 17/11 May 19/20 May STD, Ma. ADO. FREM BANGLADESH SERVICE 15/17 May CHTTAGONG,
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      713 15 OCL Overseas Containers Limited Mta| Bran ttm ttnn S to* P Want Sport Nut Me ■nata IM W Mri SM hM tar i tar HK. KS MMaaßar MM W UU Uri UU I tar HK. IK. KB. U hM hM bM MM It tar II tar HK. KS MM MM
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      Page 15 Advertisements Column 2
      737 15 GRANARD LINE BP'V Ml'r BluLliKasaM Granard Shipping Agencies (S| Pre Ltd Tel *****77 |5 Lines) 0»n s Tfjd«nq S<Jn B^O km Shipping Trading £nte r pnses f AMERICAN PRESIDENT LINES r n STRAITS EXPRESS CONTAINER SERVICE loadhf for New York, East Coast and Gidf ports by Mri-Landbridfe Los Anjeies, San
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      Page 15 Advertisements Column 3
      634 15 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE tmac B HAVEN ROAM HAVI S port P. Kelaat W Geraiany/Austria Antwerp Fran roaww CMaMaru Lnarpool tay fturama Maru Haaburt Eipress Bremen Express KOVtOOS B)| Honfiorn tipress Tokyo Bay 12/6 14/6 4/7 6/7 FWM film H'BUK BHAVtN rDAM HAVH SOTOM to Germany/Austria
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      Page 15 Advertisements Column 4
      310 15 <r~ Scan Dutch V WEEKLY EXPRE men LVi I >:u: i i fi T >i AINER SERVICE NAVIA Mm (VTtffatt Spota KIM EASTBOOND FROM MED/UK/NC/ SCANDINAVIA I) tl«| 2) *bar| 3) r* 4) r«M s> i« O Vi* SM khrt 7/1 5/5 TOEUROPE" Sa«aeo<e PMant Pcnai* FOB: m niODB lb,
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      Page 15 Advertisements Column 5
      647 15 BOUSTEAD AGENCIES THE BANK LINE LTD. LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobfle, Houston, Galveston) Shppm P. KMa* tax US I MMQm*) 7/S May IS 1 29/31 Nay DOUY TURMAH (Ml) RUTH LYKES (dbdi) U.S. WEST COAST SERVICE Honolulu, San Francisco, Portland, Vancouver 8.C., Seattle S'pare ASHLEY
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      Page 16 Advertisements Column 1
      853 16 I Kline KAWASAKI KISEN KAISHA. LTD. TO EUROPE Spore P Kelang L Havre Rdam Hburg B KOREAN JACEWON 2W ETPort TCP 19 M,, 20 lb, 22 Ma, 23 W CONTAMR 15W 10 May 11 Mar 27 May 28 May 30 May 31 MERCATORIIW 15 May 16 May 1 tun 2kn
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      Page 16 Advertisements Column 2
      731 16 11.5.A./EAST CANADA SERVICE ACCEPTRK FCI/ia CONTARCRS FROM PCNANG. P. KELANG. STORE l»Mfen| tar: NEW TQM. NOWOIK LC./CREAT LAKES SERVICE LOAOMG FOR NEN TOM. NORFOLK. BALTRKME. PHLAOELPtOR. MONTREAL. TORONTO P«u«( Balaam P FHn Ihunwh »«m*r 20/21 m 11/ioiMy u/unm iriachal fumr n/i am n/3i May wnmt CAUFORMA/PACFIC NORTH WEST SERVICE Lm*|
      731 words
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      Page 16 Advertisements Column 3
      440 16 S S.\(;roup SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BUIIOING SINGAPORE 1 MARKETING *****2 l 3 LINES! GENERAL 91 3111 il4 LINE Si TELE* RS 2459S RS 2SS6B A B C ARSMIP •CA 8 L E CARGOSHIP 1 Sl eßamßmMmasnaaxk E «N S'ptrt I (SUM) 2 5/11 MN K
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      Page 16 Advertisements Column 4
      609 16 Hi MALAYSIA* INTERNATIONAL SHIPPING CORPORATION BfPMAD EXPRESS FULLY CONTAINERISED SERVICE I) Mahno Stockholm. Odo. Helsinki. 2) Copenhagen Aarhus 3) Bremen 4) Antwerp. Amsterdam, UK. 5) Basle Bonteuu Mm accepting intermediate cargo to Honfkonf t laoan EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT Tg Man S pore P Kelang Penary Laatag tar MPtrl
      609 words
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      Page 16 Advertisements Column 5
      714 16 INTRASEA (PTE) LTD Faber House 234E Orchard Road Singapore 9 Telephone **********4057 FORTUO V.13 Kansai Line STRAITS/AUSTRALIA SERVICE Singapore P Keiang Loadb« tar 13 Sydney/Melbourne/ MTMSEA (TO) LTD 2152(11 BOOMS 2354(57 no amrm t hums «tou4 4*4742. ukti ALPAC LINE SOUTH AFRICA SERVICE S pore P Keiang Penang Luring far:
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      Page 17 Advertisements Column 1
      171 17 INTERNATIONAL LINE (EIL/ EGYPTIAN FLAG la 1 Unii GENERAL AGENTS: L.N. SHIPPING PTE LTD Tel: *****11 (Singapore) TLX R*****7 SUB-AGENTS: H.S.H. (M) SDN BHD Tel: *****3/*****7 (KL) *****6 (PT. KELANG) *****2 (PgNANG) F.T lIDOIESZAI OEIEVTAL LtVS? JAKARTA KGUUUt DEPEMMMI EXPRESS SERVICE TO I FROM NXMSM 3/4 Mr i/*mr Tf. M*
      171 words
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      Page 17 Advertisements Column 2
      175 17 !£td BOUND LOAOMG FOR MUSCAT. DUBAI ABUOHAB), BAHRAM. KUWAIT AL FMtAi IM (ItC) EAST-WUC mcmm EtflßM DMOT (HC) i ■i f.' -i.i for eta ammm u t* no is cta M— ii i* ns n tm SMGAPORE/AUSTRAUA CORMIER SOW* EH (ID LOMWC FOR .11 M*r 11 l|fc),lHwi/l em** Gutfeast Shipping
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      Page 17 Advertisements Column 3
      169 17 ALFRED C. TOEPFER LINE REGULM SERVICE TO MEDfTCMAffJW <' POUTS OF IT/U.T, STMN, FRMKE TUB SERVICE ypmt r. Kdai 21 May 24 Iby inTEßmoeni trspisport rm cffiwi t 22w4 Ftotr. Htm Lmh| BM( Spot 1 T* SUMS. *****21. *****59 Tttat ***** STCMRI COUNTRY LINE sr sr £s=zB K ss hNrt
      169 words
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      Page 17 Advertisements Column 4
      226 17 FAR EASTWEST AFRICA SERVICES CONT/UNER BULK SERVICE TO LAGOS/APAPA, PORT HARCOURT, TEMA, MONROVIA OOUALA AN) ABOJAN KSSEL lapan HJCmi S'par* La«m IOMMII 7/1 May 14 May Ikm ACCEPTMG BOTH CONTAIOS MS PALLETISED CARGO GBN ALSO ACCEPT CMGO FOR CONMKV. NOUAKACHOTT AND NOUAOHBOU I TRANSMPICMT AT MONKMA ON GBN TMOUGH B/L
      226 words
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      Page 17 Advertisements Column 5
      228 17 CELTIC BULK CARRIERS' Regular Bulk Service x For Timber Plywood Spore P Ketenf Loadtat tar devon crrr fe voy 1 12/5 14/5 tuury, houmd. VANCOUVER an FE Y 2 l/« 4/6 TIBURY, HOI/ANT cane EE VOY3 15/$ 11/5 HauMmi (Win *gwt|> Ptoltd- Spora Tat ***** M (3 Kclang Tat: 3SMSK/3MM2
      228 words
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      Page 18 Advertisements Column 1
      56 18 NOTICES m DONG SUE LINE M.V. DONG BEE VOY.4/79 arrived 25.4.79 AT PSA Godown 19 General Survey on damaged cargo discharged ex the above vessel will be held on Monday 7th May 1979, as from 9.00 a.m to 12.00 noon. No further survey will be held after this date. Agents:-WORLD-WIDE
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      Page 18 Advertisements Column 2
      40 18 s/s "Phashwegyawywa" Voy. 177-/ Arrd: 24.4.79 Place of Survey: P.P.W. 302 General Survey on damaged cargo discharged ex the above vessel will be held on 2nd May 1979 from 8.30 a.m. No further survey will be held after this date.
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