The Business Times, 7 June 1979
1979-06-07
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The Business Times
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Title Section11 1979-06-07 1 BUSINESS TIMES M.C.(P) No. 14J/1/7S THURSDAY, JUNE 7, 1979 50 CENTS11 words
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BRIEFLY...
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Article65 1979-06-07 1 A SINGAPORE Airlines DC-10 on a flight to Honolulu has been ordered to return to Singapore because the company has decided to ground the planes, a spokesman said. The spokesman that after receiving confirmation from the US Federal Aviation Agency that the planes' type certificate has been withdrawn65 words
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Article77 1979-06-07 1 Reuter KUALA LUMPUR, Wed. The Malaysian Yang Dipertuan Agung, today pledged that Malaysia will continue to increase its national resilience along with other members of Asean. King Ahmad Shah was speaking at the National Palace after receiving a loyal address from Prime Minister Datuk Hussein Onn to markReuter - 77 words
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Article59 1979-06-07 1 AFP LONDON, Wed. Chinese Chairman, Hua Guofeng, will pay an official visit to Britain from Oct 29 to Nov 3 as part of a European tour that will also take him to France and West Germany. Mr Hua is expected to confer with Queen Elizabeth, Prime MinisterAFP - 59 words
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Article85 1979-06-07 1 AFP HONGKONG, Wed. The Hongkong government has no intention of towing back to sea Vietnamese refugees who come here in small boats, it was made clear today. Secretary for Security Lewis Davies said towing them out would be to condemn the refugees to certain death. The greatestAFP - 85 words
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Article77 1979-06-07 1 Reuter PARIS, Wed. The International Energy Agency (lEA) said Western governments appear to be losing impetus in implementing energy policies and are likely to overshoot the lEA target ceiling on oil consumption. Its annual report on members' energy policies said lEA countries will face severe problems if currentReuter - 77 words
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Article54 1979-06-07 1 COLOMBO, Wed. The foreign ministers meeting of the non-aligned Coordinating Bureau was ceremonially inaugurated here today with a call by the movement's chairman, President J.R. Jayewardene of Sri Lanka, for a determined effort to remain united and strong. The 25-member bureau of the 88-nation movement will begin54 words
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Article74 1979-06-07 1 Reuter ZURICH, Wed. Mobag Generalunternehmung AG said it has cancelled its 900 million deutschemark contract with the Iranian Government providing for the construction of 6,000 apartments in Teheran. Mobag is 60 per cent owned by Motor-Columbus AG. Mobag said construction work slowed sharply in October 1978 andReuter - 74 words
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Article27 1979-06-07 1 GENEVA, Wed. The annual conference of the International Labour Organisation opened here today with the election of India's Labour Minister Ravindra Varma as president.27 words
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Article55 1979-06-07 1 AP NEW YORK, Wed The stock market was higher this morning, with energy issues continuing to lead the advance. The Dow Jones average of 30 industrials was ahead by 3.73 points at 835.07 half an hour after the opening. Gainers outnumbered losers by 2 to one among NewAP - 55 words
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Chief Price Changes
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Article, Illustration175 1979-06-07 1 Rises Indices Kempti 530 30 Jun 5 Jun 6 Shangri-La 620 10 B.T. Index: 2333.28 2335.35 Matsushita 550 10 Industrials: 402.31 403 24 Tan Chong 344 6 Finance: 696.36 697.83 Duff Dev 292 6 Hotels: 293.81 294.36 Tganu Dev Straita Trading 166 725 6 5 Properties: 251.28 251.13 O175 words
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Article639 1979-06-07 1 TEO TECK WENG - ULU PANDAN, GILLMAN SITES By TEO TECK WENG THE THIRD phase of the Housing and Urban Development Company's middleincome housing programme will start next year, sources disclosed yesterday. Between 900 and 1,200 flats will be built in either two or three housing estates under this639 words
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236 1979-06-07 1 AFP GENERAL Abdul Haris Nasution, influential in Indonesian military circles, has disclosed that some officers have been discussing a possible successor to President Suharto. In an article published in the leading Jakarta weekly magazine, Tempo, General Nasution said the problem of presidential succession asAFP - 236 words
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Article622 1979-06-07 1 TSANG SAU YIN - By TSANG SAU YIN CONTINENTAL Airlines has received approval from the United States Civil Aeronautics Board (CAB) to fly from the US to Hongkong. Singapore, Manila and Bangkok via Guam. The carrier's move follows closely that of Braniff International which was recently given new transPacific622 words
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Article177 1979-06-07 1 THE American Federal Aviation Administration (FAA) grounded on Wednesday all US-operated DC-10 aircraft indefinitely after cracks were found in the engine mounting assemblies of two of the big jets. An FAA spokesman said the cracks were discovered on Tuesday night on two American Airlines DC-lOs in San177 words
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296 1979-06-07 1 SINGAPORE will ease registrattea restrictions en foreign architects te relieve the shortage here which I* expected te became mare severe la the early IMb. The Miaister far Natteaal Development. Mr Teh Cbeaag Waa, said while the severe shertage of architects la the early296 words
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371 1979-06-07 1 HSUNG BEE HWA - By HSUNG BEE HWA A GOVERNMENT -owned concern dealing in asphalt for roads and the production of ready-mixed concrete, has mapped out expansion plans till 1980. Resources Development Corporation Pte Ltd (RDC), a subsidary of MND Holdings Pte Ltd, has definite plans to invest371 words
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Article78 1979-06-07 1 Reuter THE price of gold rose above US$2BO (5J726) an ounce for the first time yesterday as people bought it because of anxieties about worldwide inflation and prospects of an oil shortage. Dealers on the London bullion market, where the metal traded at $280.75 an ounce yesterdayReuter - 78 words
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Page 1 Advertisements
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Advertisement463 1979-06-07 1 Advertisement Extract by Walter A. Hawley As those who have expert knowledge of the value of Oriental Rugs are exceedingly few compared with those who admire and wish to own them, consequently there are pitfalls that beset the inexperienced. In estimating the value of any rug, three distinct qualities are463 words
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Advertisement55 1979-06-07 1 Leader...Page imniM SHIPPING TIMES ISETAN projects sales of $78 Malaysia 7 million 3 STOCK market report 19 INDIA agate YEO Hiap Seng's export drive n WAS Uaetad V'worthwhile?—. 7 CHINA'S progress underestiORGANISED labour's role in mated 12 MEMOPAD 2, FLIGHTS i, TV AND RADIO CROSSWORD STRAWS 7 WHERE TO WINE55 words
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Advertisement136 1979-06-07 1 DKumahira BANK VMJU SAFE DEPOSIT DATA SAFE STRONG SAFE SAFEHLE Leader... Paget Perfection i and it does not cost than an ordinary ball typewriter. The moment you insert a sheet of paper into the Hermes 806 electric ball typewriter, you know you're in the hands of a very special machine.136 words
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TRADE AND INDUSTRY
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Article334 1979-06-07 2 PROFESSIONALS collaborating in joint-research projects should avoid technical jargon and learn to express difficult ideas and concepts in ordinary language. This call was made by Dr Hong Hai, managing director of the Applied Research Corporation in his paper presented to the First International Convention of334 words
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Article39 1979-06-07 2 MR CECIL Parkinson, the newly-appointed British Minister of State for Trade, arrived in Singapore last night for a two-day visit. He will confer this morning with Mr Goh Chok Tong, Minister for Trade and Industry.39 words
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Article183 1979-06-07 2 MORE Singapore tourists visited Hat Yai, another Thai "funtown," during the first three months of this year than during the same 1978 period. This year's increase represents a jump of 40 per cent from 3.45T7 to 5,088. Malaysian tourist arrivals, on the other hand, were down from183 words
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Article134 1979-06-07 2 THE latest in printing and packaging technology will be presented at Printpack *79, an exhibition sponsored by the Singapore Master Printers' Association from Nov 5 to 9 at the World Trade Centre. The organiser, Interfama, said that because of strong demand all available exhibition space134 words
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Article99 1979-06-07 2 THE FIRST direct carriage of perishable goods by land between Singapore and Thailand is expected to begin some time late in July or August. The goods will include seafood, pork, beef, fresh vegetables and fruits. A Thai Embassy official said that both Thai and99 words
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Article58 1979-06-07 2 SINGAPORE will be one of three venues for the travelling technology fair, Tec hex 80. This will be the eigth annual World Fair for Technology Exchange and will be held over a period of three weeks. Tec hex 80 Asia will be held at the World Trade58 words
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Article, Illustration591 1979-06-07 2 TEO TECK WENG - Rv TEO TECK WENG RETAIL store Isetan Emporium has projected a turnover of $73 million for the current financial year. The figure includes the projected sales of its proposed Orchard Road branch store. The branch, expected to open in Liat Tower this August, will contribute591 words
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Article163 1979-06-07 2 A ONE-DAY seminar to discuss and recommend measures on noise monitoring and control will be held at the Shangri-La on June 26. Titled Noise: Problems and Control, it will be opened by the Acting Minister for Social Affairs, Dr Ahmad Mattar. It also aims to stimulate and163 words
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Article477 1979-06-07 2 COURSES AND TALKS March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, SITC, SITC June 7-8: Discounted cash flow for capital investment analysis, Ming Court Hotel, Price Waterhouse Associates June 12-26: Personnel Guidelines477 words
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Page 2 Advertisements
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Advertisement384 1979-06-07 2 •1I I s: dm.' s V l" *ili m Av* f: A~~r L -if i^SE'IV •Si] L^r» <5 > iWvj *1 >:j1: 35v. >v-t *v m eal fewV 5 Vv> 'Xs V>l §3 h r.-ii 3*o Bfl' 'it':#. .y z •> /jivl y-V. ?><*s !> V. Lw 4is'%w >1^ .<r.384 words
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REGIONAL
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Article, Illustration1014 1979-06-07 3 INDIA is once again threatened by inflation after four years of relative economic stability. The Indian Cabinet discussed the problem for three days last week, and ordered the Reserve Bank of India and the Finance Ministry to take suitable steps to check soaring prices.1,014 words
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563 1979-06-07 3 AP THE voluntary closing of nearly all of Japan's 57,000 petrol stations on Sundays and holidays is a success, according to Government officials, who said drivers and station operators alike are cheerfully going along. The voluntary programme is expected to save Japan 500,000 toAP - 563 words
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172 1979-06-07 3 Reuter THE SOVIET Union is believed to have shipped a number of heavy arms to two disputed islands off Japan's northernmost island of Hokkaido, officials of the Japanese Defence Agency said yesterday. Japanese naval patrol aeroplanes took photographs of a Soviet merchant cargo vesselReuter - 172 words
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Article89 1979-06-07 3 Reuter INDONESIAN President Suharto is due to sign a formal agreement in Tokyo this week for a US$l6O million Japanese investment in a petroleum project in Jarkarta, Antara news agency reported. The project involves exploration of four oil fields owned by Indonesia's Pertamina oil company inReuter - 89 words
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144 1979-06-07 3 AFP WITH no immediate prospects of rain, the drought situation in Assam state in eastern India continued to be grave and might lead to a food crisis, reports reaching New Delhi said. Jute fields in Kamrup and Goalpara districts of lower Assam were graduallyAFP - 144 words
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277 1979-06-07 3 EXXON Corp said one of its subsidiaries has signed an agreement with the China National Oil and Gas Exploration Development Corp to conduct a geophysical survey off China in the South China Sea. The subsidiary, Esso Exploration Inc. will take about a year277 words
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Article181 1979-06-07 3 AMERICAN State Department officials say privately they would welcome a reduction of tension between the Chinese and the Soviets. Statements in Moscow and Peking this week have indicated that talks on improved relations may begin soon. But publicly, the State Department had nothing to say about the181 words
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295 1979-06-07 3 Reuter AP SOUTH Korea will witness high economic growth again this year as the 13.2 per cent rise in the year ended first-quarter 1979 indicates. But although 1978 GNP grew by a real 12.5 per cent, the final rise for theReuter; AP - 295 words
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417 1979-06-07 3 THE various development projects being planned and executed in the Bintulu Development Authority area in Sarawak are estimated to cost about Mslo billion, Malaysian Finance Minister Tengku Razaleigh Hamzah said. These projects include the $2.2 million LNG plant and $2 billion worth of LNG417 words
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316 1979-06-07 3 AFP COMMERCE will bind the United States and Taiwan together despite the lack of diplomatic relations between the two countries. American and Chinese businessmen were told on Tuesday. The normalising of relations between the US and China last December, though a heavy blow, willAFP - 316 words
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326 1979-06-07 3 Reuter IF the present rate of refugee entry continues. Southeast Asia will have 500,000 refugees from Laos and Vietnam in the next few months, US Refugee Coordil nator Dick Clark said. Mr Clark, a former Democrat Senator, told a congressional hearingReuter - 326 words
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Page 3 Advertisements
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Advertisement37 1979-06-07 3 1 Cod, refreshing, lifts you up. Pink, light, doesn't knock you down. Only discerning palates can acquire this new taste sensation. Campari Tonic Campari Soda Campari 7UP Campari Orange Campari You. Sole Agent: FOOD BEVERAGE (PTE) LTD.37 words
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RAW MATERIALS
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305 1979-06-07 4 AP BOLIVIA ud Malaysia, Ike world's largest tinproducing countries, have started talks likely to determlae a rise ta the official prices of Ua, the Bollviaa Mialstry *f Mining saasaaeed oa Toesday. A Malayslaa delegation beaded by the Minister of Primary Ressorees, Paul Leong,AP - 305 words
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495 1979-06-07 4 Reuter THERE will be no change in the Thai government's rice export policy this year. Thai Commerce Minister Ob Vasurat has announced that the present rice export premium policy will remain in force without amendment until the end of the year. The MinisterReuter - 495 words
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170 1979-06-07 4 Reuter AP THE US Agriculture Department says China's winter grain regions remained dry in the week ended June 3, the third consecutive dry week. In its world weather and crop update, the USD A said the dryness should benefit developing grain in the northReuter; AP - 170 words
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Article332 1979-06-07 4 SINGAPORE: Yesterday's closing prices in S3 per kilo, ex-godown: THAI WHITE: 100 per cent flrM class (Kancaroo) new crop 096 100 per cent second class 0.85, 100 per cent third class 0.80, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-auper 0.62, Special 0332 words
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Article194 1979-06-07 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Cattaa yin: China Blur Phoenix 20b 2.3®. 32s 2.170 40b 3.000 (per bale at 400 lbs). Piece gw*: China Butterfly and Globe brand unq. Dragon Head unq. Five Lambs unq. Flower and Butterfly194 words
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Article385 1979-06-07 4 OPENING quotations- in Singapore yesterday were marked down 4.50 cents following easier London advices and the weaker afterhours close here on Tuesday. The market later fluctuated narrowly with trading quiet due to the King's Birthday holiday in Malaysia, dealers said. Some covering of June was seen at a 12-cent385 words
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Article213 1979-06-07 4 R A S prices In cent* per kilo yesterday: Noon Close (1 per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 314.00 315 00N 3X5 50 *****N Int. 1 R.S.S. June 310.30 ***** 312 50 313.00 Int. 1 R.S.S July 298JO 299 00 300213 words
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Article110 1979-06-07 4 NOON SSR and SMR ma vauanlav EAS SSR 20 (1 loo palkt SSR SO (1 um pallat Jaaa Jaly (Camai Mtfc) i Forward Mtk Bayar* Saltan Bayara Saltan > 286 00 3WOtis ***** 2T7 OON > 283 00 285 OON 282 00 284 OON, •MRELB SMR cv110 words
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Article69 1979-06-07 4 C.I.F. North European ports, in US dollars per ton unless otherwise stated LONDON: Malaysian SSffa bulk per tonne TM PinV— July «S7slr 6Mslr Sumatra b% f fa bulk June 675slr 882 sir July fiTOslr 675slr August 862 1 sir M7isir September unch 666s Ir Nigeria 5% ffa bulk69 words
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Article801 1979-06-07 4 COFFEE: Robusta futures yesterday reversed opening losses to close the morning steadier and with gains from Tuesday of between £10 and £21 per tonne. Turnover was 4,(£3 lots including 27 options and a large number of cross trades. September, after trading down to a low of £1,855, ended801 words
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Article365 1979-06-07 4 LACKLUSTRE trading with very narrow price movements continued to be the order of the day on the Singapore produce market yesterday. On balance, prices finished very steady with some deals reported at higher levels on short-covering. Otherwise, buyers were hard to come by. In sympathy with a further365 words
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Article161 1979-06-07 4 THE SUGAR futures market yesterday closed easier with losses ranging from 0.10 to 0.20 US cents, dealers said. Trading continued the recent quiet trend with no trades registered, as on Tuesday. Sugar futures closing prices: Prrviaaa CMi| CMi| July 840 45 8 00 06 S*pt 8 90 96161 words
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Article109 1979-06-07 4 WHEAT futures in Chicago on Tuesday closed 2Vi to 1 '/< US cents a bushel. Traders said prices turned higher on exporter and commercial buying after a weak opening. Locals, who were sellers most of the session turned buyers near the close, covering short positions. Better-than-expected export inspections and109 words
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Article98 1979-06-07 4 CHICAGO soybean futures closed at their daiiy lows on Tuesday, off l 3 i to 3'/i cents a bushel, after trading in a narrow range. Traders said light commission-house selling at the close pushed prices to the lows. The decline was in part a technical correction following Monday's rise,98 words
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ASIAN STOCKS
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Article314 1979-06-07 4 Source: SHK Sec Ltd THE market generally moved sideways in moderate trading yesterday, although certain property shares (Cheung Kong in particular) gained substantially. Although professionals are basically bearish on the economy, they are still cautious. Hang Seng index: 556 68 -0.28 Turnover: HKJ4O 67 JUNE 06 HKS Amil RubberSource: SHK Sec Ltd - 314 words
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Article97 1979-06-07 4 JUNE 06 Pesos Acoje Mining .009 unch Alias Con A Alias Con. B. 20 10 02 Baguio GoM 0002 0 0002 BenfUfl Con B BF Goodrich 20 50 05 CDCP 21 50 unch iBCi B Landoil Lepanlo B If 0.01 Marinduque B 9J5 0 35 Meraico 2010 03 Oriental97 words
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Article610 1979-06-07 4 Tokyo Source: DBS-Daiwa THE MARKET rebounded yesterday, centring on sharp losers during the past few months. Mutual hinds gradually started to buy medium-sized blue chips such as light-electri-cal and pharmaceutical issues which had fallen sharply owing to switching to resources-relat-ed issues. However, some resourcesrelated issues and forerunning incentive-backedSource: DBS-Daiwa - 610 words
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Article310 1979-06-07 4 THE market closed mixed, with losses and gains about equal in slow trading yesterday. dealers said. First Trust (ell 10 baht to 196, GS Steel 12 to 397, International Trust and Fund eight to 214, Thai Glass Industries six to 332 and Siam City Cement four to 245. Thai310 words
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Article245 1979-06-07 4 JUNE 06 Cents INDUSTRIALS A CI 1 unch A N I 170 2 A P M 128S Amool Pel 68 unch B H P 936 2 Bank NSW 368 -2 Bora I 220 Brambles 180 unch C B A 255 -2 C S R 400 7 Coal Allied 610245 words
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Article64 1979-06-07 4 FINANCIAL TIMES INDUSTRIALS Tuesday 509J Monday 510.9 Week Ago 516.0 DOW JONES AVERAGE INDUSTRIALS Tuesday 831.34 Monday 821.80 Week ago 832.55 LONDON DOLLAR PREMIUM Tuesday 52 to 52 >4 Monday 51H to 51* H.K.HANG SENG Wednesday 55s Tuesday 556 96 Week ago closed SYDNEY INDUSTRIALS Wednesday 490 8964 words
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Page 4 Advertisements
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Advertisement111 1979-06-07 4 A class of its own. Series 600 Elegant chairs Diethelm originals Their clean modern lines add an aura of distinction to your company image The new series 600 offers some very exclusive chairs 'or top management as well as reception and conference areas Available to a range of attractive fabrics111 words
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OVERSEAS
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125 1979-06-07 5 Reuter LOW rates of world economic growth should be expected in the foreseeable future, with growth being held back by major and persistent factors coupled with prolonged sluggishness of investment. Disclosing this, the governor of the Bank of England, Gordon Richardson, told the UKReuter - 125 words
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Article153 1979-06-07 5 AFP TEN days before the planned US-Soviet summit meeting in Vienna, experts from the two sides conferring in Geneva have still not succeeded in drawing up the definitive text of the new agreement on limitation of strategic arms (Salt II). US State Department spokesman Hodding CarterAFP - 153 words
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748 1979-06-07 5 NYT AP Reuter HEAVY buying of oil and oil products in the world's open markets has been an important element in the recent strength of the US dollar. The timing of these purchases has been at least as important as the amounts involved,NYT; AP; Reuter - 748 words
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Article117 1979-06-07 5 UPI DEVELOPING countries need a free flow of news but often cannot afford the costs, says the World Press Freedom Committee, which wants the American Federal Communications Commission to reduce the rates of sending news by telex, telephone. radio and television internationally. "One of the greatUPI - 117 words
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Article224 1979-06-07 5 Reuter THE SHARP fall in US car manufacturers' late May sales reflects customer preference for smaller cars because of the petrol shortage rather than a slowdown in consumer buying demand, economists said. Although the fall in sales at some major US producers were significant, salesReuter - 224 words
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Article131 1979-06-07 5 AFP THE British Steel Corporation (BSC) has followed the lead of French and Italian steel mills by increasing its prices to meet financial difficulties. Anticipating a total deficit of about L 350 million (551.58 billion) in 1979-80. the BSC announces that from July 1 the pricesAFP - 131 words
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WORLD IN BRIEF
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Article659 1979-06-07 5 BRITAIN is considering taking North Sea royalties in oil rather than cash as at present, an Energy Department spokesman said quoting Energy Minister of State, Hamish Gray, said. Under existing regulations oil companies must be given six months notice before switching the 12.5 per cent royalty to659 words
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Article705 1979-06-07 5 ARRIVALS Service Local Operator Number Time From GIA GA908 1100 MES PAL PR501 1135 MNL SIA SQ63 1155 MNL GIA GA982 1200 HLP RBA BI423 1200 BWN SIA SQ240 1210 MES SIA SQ201 1245 HLP MAS lYlrlOtri 1245 KCH GIA GA895 1245 AMS ROM KHI THAI TG413705 words
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Page 5 Advertisements
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Advertisement184 1979-06-07 5 Who keeps A&Wsundaes cool- all day, everyday? '-.-V ■V £2* ■m &&100ZS& &&0S&8& mm ZW-i". .:>;••• W% .V>\ m Ss 1 S 4385 T roof ■> V §r*4 i v.,-- V n ■v.-*"' i XS&V. x *aat* ••iVL. The Carrier Man will be glad to give you the answer. It's184 words
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Article554 1979-06-07 6 THE Housing and Urban Development Company (HUDC), the middle-income housing arm of the Government, is planning its third phase under which it will build as many as 1,200 middleincome housing units in choice residential areas before 1982. This is in addition to the 2,600 units554 words
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225 1979-06-07 6 THE LIBERALISATION of the registration policy governing foreign architects, if suitably administered, can add richness to the pool of talent available locally. It will also serve to relieve the present shortage of architects, as Mr Teh Cheang Wan, the National Development Minister, points out. But225 words
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415 1979-06-07 6 Dr Jerry E. Wheat - Letter to the Editor Dr Jerry E. Wheat Associate Pwtuwr at Bumlmm AdmlatatratiM, Indian* University SMtheMt. Dear Stt I read with interest your editorial of June 5 entitled "A nation teeming with 'gasoholics'". I find, however, your rationale somewhat distorted. You Said415 words
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Article, Illustration762 1979-06-07 6 V G KULKARNI - By V G KULKARNI Depthnews THE CANTON spring trade fair ended last month with mixed opinions about its success. The Chinese officials at the fair, true to their usual form, remained upbeat about the overall performance of the fair. Veteran foreign traders wereDepthnews - 762 words
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1194 1979-06-07 6 PAMELA HOLLIE - By PAMELA HOLLIE NYT WHEN the mail arrives, Frank Grisanti approaches it clinically, looking for symptoms of corporate turmoil, shifts in top management, clues to financial crises. "I could probably name 50 companies that may need ray help," he said. "They are not inNYT - 1,194 words
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Page 6 Advertisements
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Advertisement156 1979-06-07 6 ■#£S| I I JUNE 25-26,1979 UAIA LUMPUR, Httßlli News from China constantly conflicts and the reality behind the bombardment of information coming out of China is difficult to perceive. The ASEAN business community recognize that a vast opportunity exists the problem how to use the opportunity. Consulasia/AMR have together some156 words
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Page 6 Miscellaneous
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Miscellaneous1252 1979-06-07 6 mm Luk Siu Fung returns EVEN IF the giMt sters Ln tonight's Moppet Show may not be yaar cap of lea, Ike moppets themselves should be eaaagh reason for yaa not to miss It. Tbe alder talks may waat to take a break wken Wonder Woman comes as Ike screen.1,252 words
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Article, Illustration1031 1979-06-07 7 JOHN TAN - [FORUM, with JOHN TAN WAS UNCTAD V worth all the trouble and expense? Over 60,000 man-days put in by delegates. Over $40 million spent on the fifth meeting of the United Nations Conference on Trade and Development in Manila. And the dislocations that must have1,031 words
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Article265 1979-06-07 7 THE Singapore Chinese Shoe Merchants' Association made an intriguing announcement in the Straits Times a day or two ago. It said: "Due to the recent Increment on raw materials i.e. PU, PVC Leather Cloth and Glued by 30%, Rubber Soling Sheets 30%, Genuine Leather and Leather265 words
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Article, Illustration2301 1979-06-07 7 Industrial relations, or rather, industrial harmony, must surely be a pre-condition to industrialisation. In an interview with Malaysian Business, Dato Richard Ho Ung Hun, Malaysia's Minister of Labour and Manpower, gives his views on the role of labour. QUESTION: Are our laws governing both employees2,301 words
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Page 7 Advertisements
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Advertisement234 1979-06-07 7 How well a fine car performs depends on how you care for it Mitsubishi genuine parts guarantee the best replacements for your car. Your Mitsubishi car is tough. But with age and intensive usage, some of the parts need replacing. and there's nothing wrong u d I on I with234 words
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Page 7 Miscellaneous
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article227 1979-06-07 8 JUNE 05 Pis ABN 347 50 4-2 Ahold 91 00 -03 Akzo 28 30 0.1 AMEV 86 10 -16 Am fas 107.50 •*-0 5 Am rot Bank 69 60 0.3 Bergoss 57 00 unch Berk 97 00 -1 Bo Is 63 10 -06 Borsumij 158 00 -2.5 Burhmann 59227 words
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Article189 1979-06-07 8 JUNE 05 Francs Actions Suisses 290 Alusuisse Br 1280 unch Alusulsse Reg 508 -3 Brown Boveri Br 1765 unch Ciba Geigy Br. 1280 -20 Ciba Geigy P C 1020 -5 Ciba Gfigy Reg 700 -2 Credit Suisse Br 2180 unch Credit Suisse Reg 417 •1 Elektrowatt Br 1915 -5189 words
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Article242 1979-06-07 8 JUNE 06 Dm Aef-Telefunken 46 10 -1.7 Akzn 26 00 All/ Leben ***** -5 Allz Vers 432 00 unch BASF 131 10 -1 4 Bay H T Wbank 241 00 -2 Bay Vbank 256 00B -2 Bayer 131 00 BBC ***** -0 5 BMW ***** -7 Cas.se! la 353242 words
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Article274 1979-06-07 8 JUNE 05 Frs (OKBKILLK Air-Liquid* B S N Gervais Dan on** C S F (ThomsonCsl) Clr Krancaisf 376 572 358 169 50 -6.5 -5 -2 16 Compagnie Fmanciere loinpagnir Generate Credit Foncier IV France Harhette (Librairie) Machines Bull Michelin (B> Paribas Pechiney Clfine Kuhlmann Peugeot Philips (Nv Gem Bezit)274 words
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Article97 1979-06-07 8 JUNE 05 Fri FORWARD MARKET Acer 440 5 Arbed 2530 35 Astur 614 -6 Br use an 664 8 Bru Lamb 1765 15 Canpar 648 -4 Cork 560 10 IV Beers £>* 4 Ebts 2156 -5 Elertrobel 6870 20 Gb-Inno-Bm 2635 -IS Gev 1272 2 Hobok 3105 S Retro97 words
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Article107 1979-06-07 8 JUNE 05 Lire Anic 34 -0 75 Assoc On ***** -650 Baslogi 836 -2 Centrale 5199 24 Fiat 2750 -44 F insider 109 50 -3.5 Gen Immob 96 50 .1 IFI Pri 2310 -49 Ilalcemenli ***** lot 1 taigas 717 -4 llalsider 410 5 Magneti M Pf 539 4107 words
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Article1287 1979-06-07 8 NEW YORK THE STOCK market advanced sharply on Tuesday in the busiest trading since late April but last minute profit-taking trimmed the gain. The market lost ground early last week but then held fairly steady for the next three sessions. The market's refusal to drop1,287 words
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Article213 1979-06-07 8 JUNE 06 Cf Abilibi 17'. Alcan 41 Si Algoma 29' j unch Bank Mont 22 Bank Nova Scotia 22 Bell Tel 23 unch Beth Corp BP N Ltd !Z 27 Brascan 24 *i Camp Red Lake 23 Can Imp Bk 25 Canpar 31 Canpac Inv Pf 16'. B unch213 words
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Article330 1979-06-07 8 JUNE 05 Rand INDUSTRIALS A Alpha 168 unch A bercom 230 unch AF And CI 456 -5 A MIC 1475 unch Barlows 587 14 Cg Sugar 600 unch CN A 275 unch Cum* Finance 85 -2 De Beers Ind 1620 Edcon 350 unch Edgars 4400 unch Eveready Fed Vol*330 words
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Page 8 Advertisements
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Advertisement610 1979-06-07 8 Where to wine, dine and entertain The American Express Card serves you wherever they serve great food 3 Welcome e v\ i ji 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 US prime610 words
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BANKING AND FINANCE
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587 1979-06-07 9 MALAYSIA has signed two loan agreements for 94.9 million Saudi riyals (about *****.3 million) with the Saudi Fund for Development. The loans are for the Lepar Utara Land Settlement Project in Pahang and five Mara junior science colleges. The agreements were signed by587 words
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Article246 1979-06-07 9 WELLS FARGO Bank in Singapore will be linked to the SWIFT network when its computer terminal comes into operation next year. This will be in addition to the terminals already installed in the US and Europe. SWIFT is the acronym for the Society of Worldwide Interbank246 words
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Article93 1979-06-07 9 Reuter DEUTSCHE Aussenhandelsbank, the East German foreign trade bank, is raising US$2OO million (SJ44O million) over, seven years through syndication, a spokesman for leadmanager Toronto Dominion Bank said. The borrowing will be over seven years with a four-year grace period and carry a spread of 5Reuter - 93 words
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MONEY AND EXCHANGES
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Article449 1979-06-07 9 THE US dollar closed marginally firmer against major currencies yesterday. Once again, the bulk of activties was confined to the yen counter. The US currency started off at 220.55 65 against the yen and moved between the day's low of 220.30 40 and the day's high of 220.80449 words
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Article211 1979-06-07 9 THE DOLLAR yesterday opened basically steady on Tuesday night's closing levels in a busy market although early profit-taking caused it to ease from highs in New York overnight, dealers said. They said, however, that the dollar remained well underpinned by commercial demand and was supported at the lower levels.211 words
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Article43 1979-06-07 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $40 million 91-day Treasury bills to be issued from June 11 to June 15. Each tender must not be for less than $250,000.43 words
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Article147 1979-06-07 9 Asian rates ASIAN currency deposit interbank rates as at close on June 6: 7 days 1 months 2 months 3 months 6 months 9 months 12 months I'S Dollar*)Spoil Offer Bid 10 7/16 105/16 9". 9 1 105/16 103/16 10 > 10H 10H 10'> 10't 10 1 10 I 10*147 words
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Article49 1979-06-07 9 RANGE a* prices offered by discount houses on June 6: Overnight 4H9 Call deposits 4H* Clotiii Bnyiaf SelUrnf 3 month Treasury bills 411/16 4 9/10 3 month Bank bills 7 0/16 7 7/16 3 month CD 7'* 7 6 month CD 7V« 7'i Source: National Discount Co Ltd.49 words
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Article63 1979-06-07 9 QUOTES on the Australia and New Zealand exchanges on June 6: AUATRSLIA US dollar 1 1067,1.1019 Sterling 0.5341/0.5280 Ninety day airmail buying rates: Sterling 0.5541 US dollar 1.1444 Ninety-day forward buying rates: Sterling 0.5371 US dollar 1.1099 NEW ZEALAND: Reserve Bank midrate U551.0438 Trading Bank indications: Sterling 0 503763 words
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Article40 1979-06-07 9 FRANKFURT exchanges opening quotes on June 6: US 1.9057/64 (1.9117/25) Stg 3.982/89 (3.970/975) Can -*****/65 D F1 91.12/22 S FY -110.43/58 Lit 2.240/245 F Fr 43,22/28 N Kr 36.90/97 B Fr (con) 6.221/228 B Fr (con) 6.025/035 Yen 0.8685/0040 words
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Article21 1979-06-07 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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Article299 1979-06-07 9 SINGAPORE gold futures yesterday closed steady in moderately active trading, with its initial rise reflecting firmer overseas gold prices, dealers said. Turnover, however, fell slightly to 322 lots from 373 on Tuesday with activity mainly centred on August, October and December contracts. August closed at U*****.30/80299 words
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Article151 1979-06-07 9 THE US dollar for overnight delivery yesterday closed at 220.90 yen, slightly below the 221.00 opening but above the 219.80 at Tuesday's close. After nervous trading in which early dollar gains were pared by export covering by Japanese traders and selling by foreign banks to take profit, the dollar151 words
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Article165 1979-06-07 9 THE HONGKONG dollar yesterday firmed slightly in late trading following reduced local commercial and bullion market demand for the US dollar, dealers said. The local currency recovered to 5.1410/40 to the US dollar from 5.1450/70 at midsession, still down from the 5.1240/80 in late trading here on Tuesday, in165 words
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204 1979-06-07 9 Reuter THE Bank of Italy has revised the basis on which it calculates the daily depreciation rate of the lira, to take account of changed trade patterns and to include the Irish currency in the basket. Under the new system, last Monday's weightedReuter - 204 words
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Article50 1979-06-07 9 Reuter THE RESERVE Bank of Australia said its gold and foreign exchange holdings declined by A 519.9 million to $3.54 billion in the week ended May 30, after rising $5.6 million the previous week. A bank spokesman said there were no special factors in the week's movement. Reuter.Reuter - 50 words
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1253 1979-06-07 9 ALVIN TAY - Continuing his series on the various forms of consumer credit in Singapore, ALVIN TAY here discusses the ways to obtain personal loans. ALVIN TAY GETTING the key to a flat can be a big headache for many, especially for those with practically no savings at1,253 words
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693 1979-06-07 9 NYT SOME time ago. the Japanese created a security with many of the attributes of American convertible securities but of even better quality, or so some analysts believe. Now some American investors, convinced that these Japanese convertible bonds are superior, have set upNYT - 693 words
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Article435 1979-06-07 9 Reuter BRITISH monetary expansion probably remained above its target ceiling in the month to mid-May with the broad-based sterling M-3 n»oney supply showing an increase of m per cent, banking sources said. They based their opinion on an analysis of the UK banking figures forReuter - 435 words
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Page 9 Advertisements
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Advertisement97 1979-06-07 9 .|fss mm At last, reach the big spenders. Leisure Times is right on target For as little as $15, you can reach the swankiest, the best dressed, the most affluent crowd in town with Leisure Times. As a regular Saturday feature of Business Times, Leisure Times reaches 29,000 people in97 words
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DEALS DONE ON THE SES AND KLSE
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Article1371 1979-06-07 10 S 1 nd offer P rtces officially listed and business in and 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. *11 Time Settlement Contracts are quoted after the word "sett". I Bl1,371 words
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Article170 1979-06-07 10 4 1/2% 1/8/80 (250.000) (99 438 99.535) 4 3/4% 15/9/80 (250.000) (99 558 90.058) 5 3/4% 1/8/78-80 (250.000) (100.758 100.85S) 5 1/2% 1/5/79-81 (250.000) (100.358 100 458) 6 3/4% 1/9/76-81 (250.000) (100 488 100.58S) 5 1/4% 1/3/81 (250.000) (*****8 100 158) 5% 18/4/81 (250.000) (98.558 99.655) 8% T170 words
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Article89 1979-06-07 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. CtU SUrage (June $2.00) (0.338 0.385). CMC (June 12.60) (0.428 0.475). Haw Par (June89 words
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Article157 1979-06-07 10 SINGAPORE UNIT TRUST prtma krJal) The Commerce 114 2 27xd The Saving Fund 1 39 1.47 S pore Prog Fund 1.00 1.08 S pore Sec Fund 1.84 1.96 S pore Invest Fund 1.34 1.42 S pore Equity Fund 0.98 1.03 INCOME ROND UNIT (Carreat prima) Income Bond 1.11157 words
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Article2571 1979-06-07 10 Gr-s. Gr's Net 1979 Last Div Div YTd P/E Vol Day High Low Company Sale or- C*vr cooo) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 261 207 Acma 2S5xd 15.0 25 55 150 190* 123* Alcom 182xd 10.0 15 5.4 245 142 no Allied Choc 134 unch2,571 words
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734 1979-06-07 10 NYT CONVERTIBLE funds, which invest only in securities exchangeable for common shares, namely debentures and preferred stock, are riding high in New York, and their sponsors say there is a reason for this. Convertible funds, they say, have acquired an expertise in theNYT - 734 words
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Article318 1979-06-07 10 BABPEB Gifflllaa Bkd: AGM to be held at 23rd Floor, Bangunan Angkasa Raya, 123 Jalan Ampang, Kuala Lumpur at 12 noon today. Matakaff BM: AGM to be held at No.14, Jalan 223, Section 20A, Petal! ng Jaya, at 11.00am on June 7. Overseas Ualaa Trast Ltd: AGM to318 words
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Article, Illustration691 1979-06-07 10 PRICES hovered within narrow limits In lewvolume trading on the Stock Exchange «f Singapore yesterday. After an irregular opening, the trend steadied for the rest of the day. On boll nee there were more advances than declines. As was the case earlier691 words
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495 1979-06-07 10 THE performance of Bedford Plantations for the current year ending Dec 31, 1979, will hinge on commodity prices which have so far been stable, chairman Mr WMH Caldwell says in his \nnual report to shareholders. The higher prices should be reinforced by some495 words
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COMPANY NEWS
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Article, Illustration928 1979-06-07 11 CATHERINE ONG - By CATHERINE ONG YEO Hiap Seng (YHS) has set out to bid for a larger share of overseas markets. After having won public acceptance of its processed foods, condiments and sauces, YHS is not resting on its laurels. Last year the company embarked on928 words
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Article733 1979-06-07 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year HK Land 5.8% Apr 30 May 12 Jun 7 8.6% 7.6% St Trading 20%(n) May 18 May 29 Jun 7 30% 22.5%(a) H Gilf 15% May 24 Jun 5 Jun 8 20%733 words
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Article149 1979-06-07 11 Company Particular* Ex Date Books Cloae L td Plant Bonus Issue of 1 for 4 May 28 Jun 7 Olympia Bonus Issue of 1 for 2 Jun 4 Jun 14 Oriental Hldfa Bonus Issue of 8 for 5 Jul 4 Jul 16 Mai Flour Bonus Issue of 1149 words
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486 1979-06-07 11 SHAREHOLDERS of Folex Industries have voted down the company's capital reconstruction scheme aimed at improving its bad financial situation It is believed the dissident shareholders felt the reconstruction could be avoided or modified in view of Folex's improving performance. Folex informed486 words
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Article, Illustration809 1979-06-07 11 DAVID CHOW - By DAVID CHOW STRAITS Trading is still working on the restructuring of its smelting interests in order to enable increased Malaysian participation in the business. Towards this end, the company had disclosed in its 1978 annual report that it held discussions last year809 words
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TAKING STOCK...
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Article538 1979-06-07 11 HOCK LOCK SIEW IT IS a common trait among our quoted corporations that they remain cautious in their profit forecasts when it is almost common knowledge that the good times are here. Rarely does the chairman or some leading executive of a public company venture toHOCK LOCK SIEW - 538 words
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Article279 1979-06-07 11 Dear Mr H«ck, I am a minority shareholder in Setron Ltd and have read with deep concern the letters by the other shareholders on the proposed takeover of the company by Haw Par. As a shareholder, I feel obligated to echo the views expressed by these279 words
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Article290 1979-06-07 11 ROTHMANS of Pall Mall (M) Bhd announced that its stock transfer office has been relocated at Tingkat 5, Wisma Perdana, Jalan Dungun, Damansara Heights. Kual? Lumpur. However, the postal box number and the telephone numbers remain unchanged. HONG LEONG Finance said it inadvertently omitted to include the share290 words
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LATEST RESULTS
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Article39 1979-06-07 11 Audited pre-tax profit for the year ended March 31, 1979, M 57.01 million ($6.39 million). Turnover $55.3 million ($52.0 million). Final dividend 17 per cent gross (13 per cent) payable to shareholders registered on June 28.39 words
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Article36 1979-06-07 11 Unaudited pre-tax profits for the six months to Feb 28, 1979 $2.6 million ($1.5 million). Proceeds of sales $6.1 million ($4.0 million). Interim ordinary dividend 8 per cent gross payable July 16.36 words
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Article14 1979-06-07 11 Net income before tax 2.8 billion yen. Net sales 41.8 billion yen.14 words
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Article21 1979-06-07 11 In- terim dividend 40p gross per 25p stock unit payable July 10 to shareholders registered on June 29.21 words
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Page 11 Advertisements
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Advertisement35 1979-06-07 11 BUSINESS TIMES GIVES YOU THE EDGE Every single business day, Business Times keeps you informed of essential financial, commercial and industrial news. Economic Trends. The Money Market. Price Indices. Company News, Reports. Opinions and predictions.35 words
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728 1979-06-07 12 AFP AP GIVEN continued political stability and adequate supplies of energy, there is no question that China is now, and will continue to be a preferred creditor in the world market, an American banker said yesterday. The chairman of the First National Bank ofAFP; AP - 728 words
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267 1979-06-07 12 AP VIETNAMESE tanks were bogged down by monsoon rains and guerilla sabotage as fighting entered its fourth day around the Kampuchean border town of Poipet. Thai army officers at the border said yesterday that guerilla forces loyal to ousted Kampuchean Premier PolAP - 267 words
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371 1979-06-07 12 THE PHILIPPINES hopes to reduce the use of oil generated electricity from 80 per cent of total power generated last year to 45 per cent in five years, and to rely on alternative indigenous resources instead. According to the Philippines' Minister of Finance, Cesar371 words
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Article296 1979-06-07 12 AFP THE future of Indonesia's oil supply was predicted to appear unlimited in the next several decades. President of the American Roy M. Huffington Oil Co based in Houston, Mr. Roy Huffington, told the annual convention of the Indonesian Petroleum Association in Jakarta that there were twoAFP - 296 words
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Article826 1979-06-07 12 LONDON, Wed. Share prices closed quietly firmer today, dealers said, and at 3 p.m. the Financial Times index was up 5.8 points at 515.1. Leading equities gained between 3p and 7p although in oils BP rose 24p ahead of firstquarter results due tomorrow. Government bonds recouped initial falls826 words
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331 1979-06-07 12 Reuter JAPAN'S second qurtrr erode oil Imports are expected to fall short of torget, and sources close to the latenattoaal Trade ond Industry Ministry sold the situation coold become serious later this year. Crode nil shipments to Japan, which reUeo on Imports for moreReuter - 331 words
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Article88 1979-06-07 12 An Asian insurance group, optimistically predicted to be the Lloyds of Asia and the Pacific, has been set up under the auspices of the United Nations. Called the Asian Reinsurance Corporation (ARC), it was formally launched on May 30 and its offices will be in88 words
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Article, Illustration388 1979-06-07 12 Agencies IRAN'S unofficial head of state, Ayatollah Ruhollah Khomeiny, yesterday threatened to crush writers and intellectuals who refused to accept the rule of Islam. The 79-year-old religious leader interrupted a week's rest to address followers in the holy city of Gom on the anniversaryAgencies; Source: UPI photo - 388 words
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194 1979-06-07 12 THE WORLDS newest wide-bodied passenger aircraft, British Airways' Lockheed long-range TriStar 500, flew into Singapore today. British Airways expects to save £1 million (554.5 million) in fuel costs in the first year of the aircraft's operation. At crusing altitude it uses no194 words
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Article143 1979-06-07 12 THE personnel, finance and logistics and administration divisions of the Ministry of Education will soon be merged to form the administration in a minor reorganisation at the ministry. Also under the reorganisation, public relations will come under the director of education. The changes were announced by143 words
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Article37 1979-06-07 12 OIL producing countries should raise the crude oil price to at least US$2O (SJ44) a barrel from the current $14.54 to compensate for the US dollar's depreciation, Opec Secretary-General Rene Ortiz said.37 words
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Page 12 Advertisements
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Advertisement260 1979-06-07 12 OFFICIAL OFFICIAL OFFICIAL The management committee of SASAR has officially endorsed and sponsored ASIA MARINE'BO. An advisory committee comprising representatives of the Asian marine industry will be formed to assist in the development of the event. The Asian marine industry now fully participates, sponsors, and benefits from ASIA MARINE'BO exactly260 words
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Page 12 Miscellaneous
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Miscellaneous63 1979-06-07 12 u Outlook for Singapore from 6 a.m. to 1 p.m. today: Isolated showers in early morning. Report for 24 hours prior to T.3t p.m. on Jane at the airport. Maximum temperature 32.2 Associated humidity 62 Minimum temperature v 23.8 Associated humidity 97 Hours of sunshine 7.6 Rainfall in millimetres Nil63 words
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SHIPPING TIMES
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PORTSIDES
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Article76 1979-06-07 13 AFP TWO ocean-going ships collided head-on in Manila's South Harbour on Sunday, resulting in heavy damage to both vessels, port authorities reported. No casualties were reported among the ships' crew. Authorities said the Dutch-registered container ship Emma Jebsen was sailing from the outside breakwater when it collided withAFP - 76 words
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Article96 1979-06-07 13 AP A Great Lakes freighter burned like "a bonfire" on Tuesday, forcing its crew to abandon ship into the frigid waters of Lake Superior. Five men were injured and six were missing, possibly trapped in the ship's engine room. Nineteen crew members of the Cartiercliffe Hall, a 243-metreAP - 96 words
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Article75 1979-06-07 13 Reuter BRITISH Columbian stevedores have struck, virtually closing seven west coast Canadian ports, a union official said. A spokesman for the International Longshoremen's and Warehousemen's Union said the union planned to take the 2,400 men off the job at midnight yesterday but they jumped the gun. He saidReuter - 75 words
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Article800 1979-06-07 13 THE competitive but currently stable Europe-Far East trade may emerge as a major battleground with the entry of new operators and the expansion of existing lines. The entry of the aggressive Taiwanese Evergreen Line and the imminent participation of a second South Korean operator in the800 words
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Article, Illustration160 1979-06-07 13 OCEAN laehape's 4,2*touf pipe carrier Oil Challenger is m« operatlagwtke world's largest oilfield supply ship. A recent task fer Oil Challenger was ta transpert a m tonne rig workers' accommodation Week frem Meatreee to Norway fer iastailattea ea a Cbevrea platferm. The ship was selected fer the160 words
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2747 1979-06-07 17 SCHEBPIE 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 of2,747 words
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Article473 1979-06-07 17 Sklpptag Uh CM ACS n 5 Afea IV 3 Alpac TV 5 Angkutan V 4 ANL i 1 APL m 2 Arya Nat n 5 ASCL m 5 Aust.Cont IV 5 Bank n 5 BBS n 2 Ben Asia m 3 Ben EAC m 2 Ben m 3 Ben473 words
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Article974 1979-06-07 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 the974 words
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1195 1979-06-07 18 THE only certainty in bunker prices is change. Almost every conference line has introduced bunker surcharges; oil companies have without exception increased posted prices and are becoming increasingly reluctant to give traditional discounts to regular customers; and Opec, which has already implemented the whole1,195 words
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Article711 1979-06-07 18 FREIGHT rates are steady in most routes. Vessels of 3,000 to 8,000 dwt are in strong demand for both trip and voyage time-charters. A 1,000 tonnes parcel of drilling mud is available prompt from Singapore to Sharjah rate U5539.50 (5586.90) liner. Verification of ship ownership is711 words
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275 1979-06-07 18 PANOCEAN Storage A Transport has finalised the takeover of Europe's largest bulk chemical storage terminal at Antwerp for a sum of £7 million (5531.5 million). The deal increases the company's UK Europe storage capacity by about 60 per cent to a total of about275 words
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246 1979-06-07 18 IU INTERNATIONAL, the international transport and utilities concern, is considering hiving off GotaasLarsen, its troubled shipping subsidiary which has dented lU's recent earnings performance. IU said it was investigating the possibility of setting Gotaas-Larsen up as a separate publicly-traded company owned by IU International shareholders,246 words
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Article136 1979-06-07 18 UPI A GENERALLY slaw pace was maintained thraaghaat tie dry carga charter market bat rate pattens remained kityaai. Ear the Far East ttmeeharter booking was the DaUehl payment «f U.M per dwt ta the 82,543 dwt balk sil carrier Carlaatle far a Jaae trip tram New Seath WalesUPI - 136 words
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Article, Illustration333 1979-06-07 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Crikvenica (1430 tide after Pella) 18 Centaur (Passenger) (1700) 44 Hugheverett (1500) 13/14 Knud Japsersen (ro/ro) (after Sphinx U req. Starboard to) 46 Makeverett (0600) 40/41 Nedlloyd Simonskerk (1200 after Trinity Pride) 3/4 Peter Rickmers (after Wenchow Group I on board) 45333 words
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Page 13 Advertisements
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Advertisement218 1979-06-07 13 TANK CLEANING Whether you are sending it to the DOCKYARD for repairs, the SCRAPYARD 'or scrapping or making a CONVERSION consult: PIRAEUS MARINE SINGAPORE PTE LTD Hp* *9» lARDIM I All Orient Overseas Co*Ucuiesi Line FULLY CONTAINERISED SERVICE FROM EUROPE (VIA SUEZ) FULLY CONTAMERtSED TO/FROM US NEST/EAST COASTS, PNW (STRAITS218 words
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Advertisement294 1979-06-07 13 SEALORD UJ ANTAH H UASC ■■ARABIAN GULF WEEKLY SERVICE' S pore Loading for Muscat (22/6). Dubai (24/6). Abu Dhab. <26'6) Ooha (28/6). Bahrain (1/7). Dammam (3/7) Kuwait (5/7) Kuwait (4/7). Dammam (9/7). Doha (14/7) w'jwMßiß 1 wmu m Mma Fahal (28/7) Muscat (11/7). Dammam (14/7). Kuwait (16/7) Shuatba (18/7). Dubai294 words
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Advertisement336 1979-06-07 13 NOL NEPTUNE ORIENT UNES LTD FUUY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE civ >4i PEA*. c no n K lACEWON N CORAL S part Oovrnj Tats Fa O|o uichp Also icctttot carfo to h»ai Scantejvu C «Ort K MCE WON HK CQNTAMR ICRCATOt 0 OCF SS BUDGE C CtMTAWR H»»r»336 words
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Advertisement739 1979-06-07 13 ®SHOFUKU LINE Full Container Service Straits Taiwan Japan See Page IV Column 3 for Sailings S PORE AGENT SHOFUKU AGENCIES (S) PTE LTD 20TW FLOOR OCEAN BUILDING. SINGAPORE 1 MARKETING 9111?? (3 LINESI GENERAL *****1 114 LINES) TELEX RS ?4595 RS ?5568 A B CARSHIP CABLE "SHOLINE" A MALAYSIA AGENT739 words
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Page 14 Advertisements
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Advertisement572 1979-06-07 14 rHapag-Uoyd| FULLY CONTAMERJSED TO EUROPE EXPRESS CONVENTIONAL TO EUROPE Spore P Ketarif Pen BMao Genu H*tef Bremen Man Antwe Sophie ftdunm 18/6 21/6 5/7 21/7 18/7 16/7 14/7 Paul Ibdunen 17/6 19/6 19/7 13/7 30/7 28/7 25/7 23/7 FULLY CONTAINERISED TO GENOA/TRf STE S pore P Ketone Genu Trieste Medrternnea572 words
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Advertisement345 1979-06-07 14 l&dsL barber blue sea From: US ATLANTIC US GULF I EAST CANADA Barixr Tatf I Ta Barter ToOa Am 11 I M 4/5 Saied M 25 M 30 Au| 2 Auf 7 kut 9 Aa> 10 A* 5 Ami II Aui ;i Tatvnan |*Sar{o<RullaMHMl 'Sanbi (BBS) (EAC) (BBS) (EAC) 17-20/4345 words
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Advertisement565 1979-06-07 14 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ACCEPTWG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP IE HAVRE ALSO ACCEPTMG CARGO FOR UNTED KINGDOM SOUTHAMPTON LONDON. MANCHESTER. BIRMINGHAM BRISTOL. LIVERPOOL GLASGOW. LEEDS WEST GERMANY MEMtftHAVfN HOLLANO AMSTERDAM S'pn Haak*| FM*st«n MMa M««P U Hnr« Ettr V*r 15 tat t M565 words
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Advertisement951 1979-06-07 14 Everett Lines/1 m Burma Fivt Star Shipping Corpn. "BURMESE NATIONAL LINE' lOAMNG FOR RANGOON HTANTAWYNA S«(apore 16/18 tunc B f SS C Aoents m Moloyvio TEPS MALAYSIA Poet Ketong Tel <38) 735b Penong Tel *****/***** Compania Argentina Da T Navagacion Intarcontinantal S. A. C.I. F. °Mf "ARGENTINE NATIONAL LINE" LOADMG951 words
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Advertisement672 1979-06-07 14 r O-O.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHENTON WAV MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****70 12 SANKYO LINE AUSTRALIA SERVICE P Kelang Singapore Loadmg tor: KYOSEI kUMJ 12/14 kite 15/16 km SYD, MEL. ADEL TWEE STAR 15/16 line 17/17 June WIS672 words
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Page 15 Advertisements
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Advertisement916 1979-06-07 15 Overseas I II m Containers Limited Weekly service t<Vfrom UK/Europe To UK/Continent H°bwg dam S tan S'p«ri P Ketang D'mark Br«m A nerp LeHaere U.K Kamakuri Mm »k* 1M 2JM 4 U 5 M B*y 13 MI 14 1a 4 M S M 7 M 9 M 2M C»*f» Bty916 words
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Advertisement1018 1979-06-07 15 GRANARD LINE RELIABLE t DEPENDABLE NON-CONFERENCE EXPRESS SERVICE NEST BOUND-FAR EAST/MEDITERRANEAN MY MM HMS 12VH.. MV. MM fIMC 2IW K Plata* Penanf lM*| tar 14 JM 17 JM ILV. MONG FUNS V2M. 30 M AU Ktssns ACCEPT* CONTMO CARGO Jeddah/P SaM/JUuaMni Beirut limassol lattakia Pireaus/ Benftia/i T npob ledda* P1,018 words
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Advertisement605 1979-06-07 15 TK-. BENLINE CONTAINERS IT Tokyo Bay Cartkpnßay Tokyo Eipress Eke Mari Osaka Bay Liverpool Bay SERVICE TO/FROM I HBUBG B HAVEN Ketone N Germany/Austria n/t 1/7 14/6 4/7 6/7 24/6 14/7 16/7 30/6 21/7 23/7 4/7 25/7 27/7 20/7 30/7 13/7 3/1 5/8 20/7 10/8 12/t roam havre soton "twerp605 words
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Advertisement391 1979-06-07 15 Scan Dutch 9 iv;v>i i.7ni EASTBOUND FROM MED/UK/NC/SCANDINAVIA 1) C kW| 2) H'|Mr| In 4) r«M S) l«H VHiB )Tm £2 2 IS £2 !S,M q Saßd Satad Saned Sated Sand 12/4 13/6 —6AWMM Satod SiM SadM Sated Saßd Saled ?3/t 20/1 fccaptat Ina 1) Mm. StoctMM. (Ml. DM 7)391 words
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Advertisement603 1979-06-07 15 BOUSTEAD SH,PPING AGENCIES THE BANK LINE LTD. LOADS FOR E. S. AFRICA Maiunga Durban. Ctown ft. E.L4n) S port In Port/Today P Kelang FROM EAST I SOUTH AFRICA FOR BANGKOK MANIA A VESSEL Penang P Kelang S pore Mr U.S. GULF COAST SERVICE (New Orleans, Mobile, Houston, Galveston) Sinfapore P.603 words
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Page 16 Advertisements
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Advertisement889 1979-06-07 16 K LINE KAWASAKI KISEN KAISHA. LTD. EUROPE EXPRESS SFRVICE TO EUROPE 13 July IS Jul, 19 July ?1 iuly (Keeping cargoes to Scandr.vta via Hamburg) FROM EUROPE TO FAR EAST Vessels cal H'bwg. Bremen. R'dam, Awerp and Le Hawe) AGENTS S PORE NEPTUNE AGENCIES PTE LTD Tel: *****11 MALAYSIA KONTENA889 words
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Advertisement796 1979-06-07 16 U.S.A./EAST CANADA SERVICE Penaag Bdarai P Mang Singac >ore E.C./GREAT LARES SERVICE IMOK FOR; I« TOM. NORFOLK MONTREAL. TORONTO Penang (Marai P Mang Singapore *a** Tir 2J/30 Am 27/71 Mb 24/2(MB wssr n/7i Mr 11/1* Mr ivi7Mr CALIFORNIA/PACIFIC NORTH WEST SERVICE Lm*« tar LOS MRUS. SM FRANCISCO. SEATTLE, TACOMA. VANCOUVER.796 words
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Advertisement260 1979-06-07 16 S S /\(>r<>iip SINGAPORE SHIPPING AGENCIES PTE. LTD 20 T M TIOOB OCEAN BUILO'NG SINGAPORE 1 MARKETING 91 1122 i 3 LINESI GENERAL *****1 lU LINE TELEX RS 2459S RS 2SS6B A B CARSHIP •CABLE CARGOSM jL\ SINGAPORE ISLANDS l.l\t MIDDI.b HAST RH.LLAR USER A SAFE WAV TO SHIP BV260 words
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Advertisement837 1979-06-07 16 mm MAI wA YSIAN IN TtPNA ItONAL SHIPPING COP POP A HON BfPHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST Wfc Feeder *P Kelang Vessel S pore 1) MveiHes 2) Rdam 3) H burg 4) Gburg Also accepting intermediate cargo to Hongtong I Japan EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT Tg837 words
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Advertisement699 1979-06-07 16 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11'*****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'porc P. Kelang Penang Liiin tar: ALEXANDRA N N839 10 toi t )ur Avon (UK)/A werp/ Tilbury Boulogne ELK NB4O (Contr Slip) 25 km Rotterdam/Hamburg (UK)/Tilbury Agents: Sngapore MTRASEA (PTE) LTD699 words
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Page 17 Advertisements
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Advertisement156 1979-06-07 17 CELTIC BULK CARRIERS Regular Bu For Timbor ft Plywood Spare P. Kebnc Lo«fc* tar FLORA N VOY 2 15/( IJ/S WWTES.TIfIWT, ITOtt mX/AMTWEIf CELTIC f£ WOT 3 1/7 10/7 torn*. HOU.AIO. Tl. LTOOI, MIT HOI, Tl, LTOOI. AWT. CELTIC FC VOT 4 25/7 21/7 Qwml Agents: Marathon UnM Agancy Ma156 words
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Advertisement158 1979-06-07 17 LIAN SOCN SHIPPING TRADING CO (PTE» LTD ;o; noo* Buuoi»iG,»o«mso«i »o»o 5i»G»»o«f i ut ttoci:: ii i c«Bif ii«»w*o .7 IVDOVESZAV OEZEVTAL LIVE JAKARTA REGULAR OEPEMMBLE EXPRESS SERVICE TO FROM MDOfCSIA. PUNK PJEUHK STOK DCS TIM TO) OQPA MTt t/U Da Mratop OOP* MNTTA 1/9 la 11/11 km Ig. PM158 words
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Advertisement152 1979-06-07 17 WEST BOt €*pre 44 *EST BOUND 10ADMG FOR MUSCAT, DUBAI ABU DHABI BAHRAIN KUWAIT ETA ETD BACH ONE V 96W 27 Jw 2S lw« [ASTUN EXPRESS V MM (TIC) 1(M 17 M EAST-BOUO MSCHMQNG 01IT RANGOON/CtfTTAGONG/CHALNA SERVICE HV. m BUHDS 11M 13 M CONTAIO SERVICE TO AUSTRALIA fTO LOAMK FOR:152 words
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Advertisement206 1979-06-07 17 f.T. TOJUSAHAAN PEIAYARAN *3. ANGKUTAN PERTAMBANGAN TIC ONLY SMGAPORE/MDONESIA CONTAMER FEEDER SERVICE AUTHORISED BY NXMESU GOVERNMENT WITH FULL CONTMCR VESSELS EACH CARRY MG 112 TEU VESSEL SMGAPOftE LOAOMG FOR TflftAN I 12/S JKT ALSO ACCEPTMG CARGO FOR MOONESIA GOVERNMENT PROJECT ANO HEAVY MACHMERfS TAX MB Rf 11/* PAOANG TAKAH M206 words
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Advertisement178 1979-06-07 17 [NOTICE f DONG SUE LINE M.V. DONG MIN VOY. 5/79 arrived 2.6.79 AT PSA Godown 23/24 General Survey on damaged cargo discharged ex the above vessel will be held on Tuesday 12th June 1979, as from 9.00 a.m. to 12.00 noon. No further survey will be held after this date.178 words
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