The Business Times, 6 July 1979
1979-07-06
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The Business Times
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Title Section11 1979-07-06 1 BUSINESS TIMES M.C.(P) No. 14C/1/79 FRIDAY, JULY C, 1971 50 CENTS11 words
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BRIEFLY...
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Article69 1979-07-06 1 Reuter KUWAIT, Thurs. The Kuwait Fund for Arab Economic Development agreed to provide Thailand and Vietnam with loans to help carry out development projects, officials said here today. The fund will provide Thailand with six million Kuwaiti dinars (about Ss46 million) to be repaid over 20 yearsReuter - 69 words
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Article87 1979-07-06 1 Reuter BEIJING, Thurs. Vietnam has told China it will eventually withdraw its troops from Kampuchea and Laos, a key demand by China for any improvement in relations with Hanoi. However, Vietnamese Vice-Foreign Minister Dinh Nho Liem told the seventh session of peace talks between the two countries theReuter - 87 words
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Article58 1979-07-06 1 Reuter MANILA, Thurs. Asean nations are to search for a common customs valuation standard following a meeting here of its customs and tariff officials, a Philippine government spokesman said today. The issue would be taken up at a further meeting in Kuala Lumpur after customs and tariff officialsReuter - 58 words
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Article72 1979-07-06 1 UPI TOKYO, Thurs. Japan 's Mitsui Oil Development said today it has discovered a promising natural gas well in Thailand's offshore oil concessions in a joint venture with Union Oil of the United States. The company will soon start negotiations with the Thai Natural Gas Supply Corp.UPI - 72 words
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Article50 1979-07-06 1 AFP TOKYO, Thurs. New Mexican crude oil supplies to Japan are likely to fall far short of Japanese expectations, an official of the Ministry of International Trade and Industry said today. The official said Japan will be taking delivery of 100,000 barrels a day at best initially. AFP.AFP - 50 words
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Article97 1979-07-06 1 AFP KUALA LUMPUR, Thurs. Asean governments today strongly deplored the several "misdirected demands" of the International Committee of the Red Cross and the League of Red Cross Societies on countries in the region with regard to the Vietnamese and Kampuchean refugees. Malaysian Foreign Minister Tengku AhmadAFP - 97 words
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Article57 1979-07-06 1 UPI NEW YORK, Thurs. The stock market was mixed early today in fairly active post-holiday trading. The Dow Jones industrial average, which gained 1.54 points on Tuesday, was off 1.44 points to 834.12 in the morning session. Advances led declines, 501 to 447, among the 1,414 issues crossingUPI - 57 words
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Article137 1979-07-06 1 Rises Indices Sungei Besi Esso Malakoff Shell Spore Glass Keck Seng Y H S Msia Perlis Plant Semb Shipyard Sim Lim Nat Iron Dunlop Est 1110 412 288 283 258 238 296 218 164 96h 496 394 20 14 8 7 6 5 3 3 3 24137 words
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Article, Illustration140 1979-07-06 1 Rises Indices Malayan Tin Berjuntai S Trading Tractors Sth Kinta Shell' Gold Coin Pengkalen 1620 805 650 575 775 281 246 505 20 15 10 10 10 08 07 05 B.T. Index: Industrials: Finance: Hotels: Properties: Tins: rubbers: Jul 4 Jul 5 3226.92 3196.05 401.83 401.83 596.22 598.10140 words
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Article759 1979-07-06 1 RAHIM KASSIM - S'pore Indonesia oil venture? JOINT PROCESSING PROPOSAL By RAHIM KASSIM JOINT crude oil processing between Singapore and Indonesia within the Asean context may be agreed upon soon. Mr Tan Boon Teik, chairman of Singapore Petroleum Company, has made a proposal on joint processing to Indonesia during a conference of the759 words
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Article160 1979-07-06 1 THE GOLD price hit a record high in London yesterday when it touched U*****.75 (SS6O2) an ounce, during the morning fix. It came after a run of several days of unabated increases with the US dollar, at the same time, recording losses against the160 words
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Article94 1979-07-06 1 UPI US President Carter intends to propose at an "early date" a series of strong measures to restrain US demand for imported oil to fulfil commitments made at the Tokyo economic summit, the White House announced yesterday. White House Press Secretary Jody Powell is- sued the briefUPI - 94 words
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498 1979-07-06 1 LEE YOKE MENG - By LEE YOKE MENG A MULTI-NATIONAL enterprise has become the first company to conclude with a local union a wage agreement implementing in full the National Wages Council (NWC) recommedations for this year. The agreement was signed at Shangri-La Hotel yesterday between Philips498 words
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Article203 1979-07-06 1 KAMPUCHEA may be facing famine, the director general of the United Nations Food and Agriculture Organisation (FAO) Edouard Saouma said. He told the United Nations Economic and Social Council (Ecosoc) that his information was unofficial but added, "I do not think the country's population, which has already203 words
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269 1979-07-06 1 MORE thu $11 million were chaslag less Uuui 2.5 million shares of Slngaport* Kodder off e red to the pabllc recently. la a balloting ceremony yesterday, Singapore liter—tl—l Merchant Bankers (SIMBL), the offerer and underwriter of the sharea, —W< the basin of allotment269 words
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537 1979-07-06 1 MANO SABNANI - By MANO SABNANI SIME Darby Holdings yesterday unveiled a share swap scheme under which it will shift domicile back to Malaysia, and immediately drew the wrath of a broad spectrum of shareholders. Sime said its shareholders will receive one share of 50 Malaysian cents537 words
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Page 1 Advertisements
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Advertisement165 1979-07-06 1 It's so convenient with an ACBC current account You don t have to wait in long queues any more to pay those monthly bills you receive Just write out the payments on your ACBC cheques and post them in. It's so convenient when you're shopping too' And you avoid those165 words
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Advertisement66 1979-07-06 1 IHMDS SHIPPING TIMES GOVERNMENT and consumer educati0n.................................. j INDIA'S crisis of confidence...... S BIG cat in US apparel tariffs.... 5 CORPORATE strategy in the wilderness NWC guides aad employment.... 7 ALL eyes on Banking Exp0....... I STOCK market rep0rt............... 19 GOVT move to deregulate petrol price 5....................... 12 MEMOPAD t,66 words
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Advertisement1 1979-07-06 1 $,:"=']{;*{/*_~.<;+*'"!/=\_{+~. Leader...Pag?1 words
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Advertisement126 1979-07-06 1 AKAI d IL*] a li that puis no punches. WORLDWIDE. DT 750 DT 1700 DT 1200 Proo<: m-41-4rnl*m Independent consumer studies in the United States rate Ricoh's total performance consistently high. In the area of reliability it has been rated the highest over all copiers in its class Ricoh places126 words
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TRADE AND INUDSTRY
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Article472 1979-07-06 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 22-Aug 18: Systematic training for effective parenting, Waterloo Street Centre, Dept of Extramural Studies July 5-6: Leadership and472 words
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710 1979-07-06 2 TSANG SAU YIN - CONSUMERISM HERE TO STAY By TSANG SAU YIN THE GOVERNMENT has yet to fulfill its role of introducing adequate consumer education into the school curriculum. Every consumer has the right to make an intelligent choice from the thousands of products and services available and710 words
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Article116 1979-07-06 2 A Singapore industrial inspection company is among one of the Republic's exporters of technology. Poly NDT, set up in 1975, has been exporting its services to East and West Malaysia and West Asia over the past year. The company specialises in industrial inspection services, engineering maintenence and such116 words
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Article82 1979-07-06 2 PROFESSOR Frei Otto of the Technological University, Stuttgart, will deliver three lectures while on a three-day visit here beginning on 13 July. The lectures will be on Structure and Architecture, Design and Construction of Suspended Steel Structure and Evolution of Modern Structure. The lectures will be delivered at the82 words
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Article, Illustration199 1979-07-06 2 SINGAPOREANS will be introduced to a new game Half-Court Tennis at a three-day Sporting-Leisure Goods exhibition, which will start on Sept 11 at the Australian Trade Commissioner's showroom. The game's Australian innovator and patent-holder, Half Court Australia, Is promoting the game In Singapore and199 words
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Article, Illustration364 1979-07-06 2 MR. Lee Feng Yuen has been appointed deputy managing director of the Henry Chia Associates Group. He has been active in the local advertising scene, being vice-president of the 4As, chairman of the joint education committee and the 4As joint media and trade relations sub-commit-tee. He also364 words
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320 1979-07-06 2 HSUNG BEE HWA - By HSUNG BEE HWA THE BIG challenge for the advertising industry in the next few years is increasing productivity, and this may be possible if firms follow the systematic approach suggested by the Survey Research Group. Firms should first agree on the objectives of a research320 words
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Article285 1979-07-06 2 CHOO AI LENG - By CHOO AI LENG A MULTINATIONAL company manufacturing cargo securing systems will start a plant in Singapore in September. The firm. Peck and Hale, has been subcontracting to local firms the fabrication of its equipment since it set up its Singapore subsidiary last October.285 words
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Page 2 Advertisements
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Advertisement268 1979-07-06 2 If you make business decisions in Asia, you need The AsianWaH Street Journal There is only one single.comprehensive, timely source of business information for busy executives in Asia The Asian Wall Street Journal. As Asia s only regional daily business publication, we prov ide news that is timely, authoritative and268 words
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Advertisement116 1979-07-06 2 H 3»X MB Ki UA Draw a crowd to a sale or soil a drawing of a sale. Leisure Times is right on target For as little as $15, you can sell a house, fetch a good price for an antique or talk about that cozy Italian restaurant you have116 words
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REGIONAL
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673 1979-07-06 3 WEST GERMANY has cancelled its plans to give Vietnam nearly US$5O million (SJIO9 million) in development aid and will donate the money instead to the care of Vietnamese refugees. Chancellor Helmut Schmidt said on Wednesday. "Development aid for "Vietnam cannot be considered673 words
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Article99 1979-07-06 3 THE seventh in a series of talks aimed at improving the strained relations between China and Vietnam ended in deadlock yesterday. "The meeting had absolutely no result," said Vietnamese Vice-Foreign Minister Dinh Nho Liem, who led his country's delegation. However, the drawn out talks "are not99 words
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Article73 1979-07-06 3 A HIGH Japanese Foreign Ministry Official said yesterday that Japan is planning to terminte its aid to Vietnam if the communist country continues to expel boat people. According to officials, foreign vice administrator Setsi Shiga said: "Japan will review its economic aid policy" unless73 words
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Article499 1979-07-06 3 GRANTING of pioneer status to investors planting new land with rubber was one of the main recommendations made to the Malaysian Finance Minister at a meeting he had with representatives of the planting and allied industries. The Malaysian Rubber Producers Council called on the government to499 words
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Article328 1979-07-06 3 A SPECIAL comittee headed b the Chairman of the National Tobacco Board, Haji Ismail Haji Ahamd has been formed to study the status of the tobacco industry in the 1979-85 period. Malaysian Primary Industies Minister, Mr Paul Leong. said in Kuala Lumpur the committee will set growth328 words
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Article67 1979-07-06 3 UPI TOGO Kogyo Co., maker of Mazda cars, said yesterday that it will recall 106,880 cars it produced between July 1977 and June 2, 1979, to repair a faulty breaking system. Included in the recall are six small truck and two station wagon models. About 10,000UPI - 67 words
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Article88 1979-07-06 3 NYLON and polyester filament manufacturers in Taiwan are considering cutting production by 20 per cent in an attempt to reverse a decline in prices, Taiwan Manmade Fiber Industries Association chairman Hsueh Pai-hui said. While production costs have climbed steadily, prices for both nylon and polyester filament88 words
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287 1979-07-06 3 Reuter THE influential youth wing of the ruling United Malays National Organisation (Umno) said the Malaysian government should arm itself with powers to shoot at Vietnamese refugees to prevent their landing in Malaysia. Opening the Umno Youth annual conference in Kuala Lumpur, theReuter - 287 words
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Article74 1979-07-06 3 Reuter CHINA wants Japan to help modernise its electronics industry', the adviser to Matsushita Electrical Industrial Co Ltd, Mr Konosuke Matsushita said. Mr Matsushita, who founded Matsushita Electrical said after a visit to Peking, that the request was made by Chinese leaders, including Vice-Premier Deng XiaoReuter - 74 words
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486 1979-07-06 3 IN KEEPING with the government's policy of encouraging greater value-added exports, more sawn timber was exported from Peninsular Malaysia during the first quarter of this year while export of saw logs dropped by half. The volume of sawn timber exported in the period rose by486 words
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Article254 1979-07-06 3 UPI CHINA published new electoral laws to let the population of nearly one billion people play a bigger role in running the country but Chinese commentators said the legislations were inadequate and may not survive party politics. The new laws, to become effective the first day of 1980,UPI - 254 words
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Article, Illustration1002 1979-07-06 3 OFFICIAL estimates point to an all-time record production of foodgrain for the agricultural year which just ended in India. That is good news for this country of 650 million people, which finds it difficult to feed itself even at the best of times. But theUPI picture - 1,002 words
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Article410 1979-07-06 3 NYT CHINA has begun tough measures to curb the heavy illegal immigration to Hongkong. These included the execution of third-time criminal offenders, sources close to a high provincial government official said. The sources, who have just returned to Hongkong from neighbouring Guangdong province, said first-time and second-timeNYT - 410 words
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Page 3 Advertisements
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Advertisement7 1979-07-06 3 Cxotic Jfoot) (rwuvt WH\y ya*H I'd tf>isos7 words
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Advertisement84 1979-07-06 3 From renowned for its copiers par excellence, comes yet another distinctive machine, PLAIN PAPER COPIER. A machine that cuts costs, prevents mess, saves time and delivers copy quality as good as gold. LOOK AT THESE GOLDEN FEATURES Delicate half-tones Dry powder system Crisp, clear dry copies Sharp at the edge84 words
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RAW MATERIALS
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Article365 1979-07-06 4 THE market closed slightly higher yesterday with July One RSS buyers quoted at 295.50 cents per kilo, up four cents from Wednesday's close, dealers said. Morning prices were marked up about two cents on higher London advices, speculative and upcountry buying together with some short-covering, they said. Afternoon prices365 words
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Article392 1979-07-06 4 R A S. prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buvers Sellers Int 1 R S.S. prompt f.o.b. 297.50 298 50N 298 00 299.00N Int 1 R S S July 294.50 295 50 296 50 296 00 Int. 1 RSS August392 words
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Article122 1979-07-06 4 NOON SSR and SMR price* vtsicrdiv KAS July Aafuat (Current Mth) (Forward Mth) SSR 20 Buyers Sellers Buyers Seller* 11-too pallet i 283 OON 285 OON 284 00 286 OON SSR 50 (1-lrti pallet) 280 00 282 00N ***** 283 OON MRELB SMR CV (l ion pallet'122 words
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Article86 1979-07-06 4 THE Straits tin price in Penang fell Ms 9 per picnl to $1,586 yesterday, $28$ above the International Tin Agreement ceiling, dealers said. The market fell back following the three month standard weak* ness on the London exchange on Wednesday and lack of strong support from the US86 words
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Article30 1979-07-06 4 Rubber: July 5 Singapore: July: 295.50 cents (up 4.00 cents) Malaysia: July: 295.50 cents (up 3.75 cents) Tin: $1,986 (down $9) Official offering: 180 tonnes (up 29 tonnes)30 words
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Article200 1979-07-06 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) C«ttaa yin: China Blue Phoenix 20s 2.300 32s 2.800 40s 3.000 (per bale of 400 lbs). PWe gnii: China Butterfly and Globe brand unq. Dragon Head unq. Five Lambs unq. Flower and Butterfly200 words
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Article694 1979-07-06 4 COFFEE: Robusta futures yesterday morning closed slightly easier, mostly one to £11 per tonne down from Wednesday. An exception was a fractional gain of £1 in September. Turnover was 1,570 lots including six options. Dealers said trading was narrowly mixed with continued strength of sterling a market depressant694 words
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Article274 1979-07-06 4 Going by the overnight London and New York close, the commodity was generally easier. Pepper ruled dull with only a few small lots reported sold to West Asian countries. All grades of pepper, black or white, closed unchanged. Dealing in the copra and coconut oil sector was quiet274 words
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Article263 1979-07-06 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.56. 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-super 0.62, Special 0.56.263 words
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Article68 1979-07-06 4 C.I.F. North European ports, In US dollars per ton unless otherwise stated. LONDON: Wed r Malaysian 5%ffa bulk per tonne Sept 681 SOslr 679slr Sumatra 5% ffa bulk July 697.50pd 680 685pd Aug 690pd 690pd Sept 890 692 50pd 685 687 50pd Oct unch 685pd Nigeria 5H ffa68 words
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246 1979-07-06 4 THE Malaysian Mining Corporation (MMC) entered into an agreement with the Kelantan government to undertake exploration and development of the state's mineral resources. The prospectors will be looking for tin, gold and base metals in Sokor valley in the Tanah Merah district and the246 words
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ASIAN STOCKS
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Article506 1979-07-06 4 Tokyo Source: DBS-Daiwa DESPITE news of an expected near-term rise in the official discount rate, the Tokyo market opened firm yesterday, but weakened somewhat towards the close. Large buy orders concentrated on large capital issues, including heavy electrical and shipbuilding issues. Oil refinery issues, energysubstitute issuesSource: DBS-Daiwa - 506 words
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Article389 1979-07-06 4 PRICES closed steady to slightly easier in light trading yesterday, with most interest focussed on properties and the Hang Seng index fell 0.68 to 536.63, dealers said. Hutchison Properties rose 60 cents to HK$l2.OO. Sun Hung Kai Properties 15 to $9.90 and Swire Properties five cents to $3 225,389 words
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Article349 1979-07-06 4 THE market closed mixed yesterday but BHP ended eight cents lower at A 59.24, dealers said. Of other energy stocks, gains and losses were largely anticipated but gas producer Santos stood out with special late and overseas sales totalling 274.200 shares at prices between $2.92 and S3, compared with349 words
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Article173 1979-07-06 4 THE market closed mixed yesterday, with oil averages gaining while commercials and minings declined, dealers said. Turnover rose to 5.4 million pesos from Wednesday's 4.8 million. Benguet Con B, Basic Petroleum, Oriental B and Phil Overseas rose, while Atlas Con B. Philex B and Meralco lost ground. Podco B,173 words
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Article167 1979-07-06 4 JULY 05 Bahtt Asia Credit 264 188 unch >2 Ayuthaya In*. And Trust Bangkok 138 230 ♦2 Bangkok Bank Bangkok Drying 348 378 -2 6 Bangkok Insurance Bangkok Metro- 1068 60 Bangkok Nylon 100 1 Bank Of Ayudhaya 226 4-2 637 >6 Berll Jucker Carpet InterNational Charoong Thai Wire167 words
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Article63 1979-07-06 4 FINANCIAL TIMES INDUSTRIALS Wednesday 473.9 Tuesday 479.5 Week Ago 466 9 DOW JONES AVERAGE INDUSTRIALS Wednesday closed Tuesday 835.58 Week ago 840 52 LONDON DOLLAR PREMIUM Wednesday 23"« to 24 Tuesday 25'« to 26 < H.K.HANG SENG Thursday 536.63 Wednesday 537.31 Week ago 536.67 SYDNEY INDUSTRIALS Thursday 482.0163 words
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Page 4 Advertisements
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Advertisement192 1979-07-06 4 RETURNING OR RETIRING TO THE U.K.? #5 FINANCIAL INTERESTS IN THE U.K.? Six Questions Have you planned your return to Britain? Do you know the U.K. tax concessions available to you? Do you pay U.K. tax if you do, should you? Have you planned to reduce your Capital Transfer Tax192 words
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Advertisement250 1979-07-06 4 SINGAPORE 8 11 X w v rr wot S3OO ONTH,y I I a§ t Tort X 9km*) D»C i V rx X '#1 Brl s. T sr We all need help sometime or other. But whenever we get it or not is another matter altogether. The June issue of Singapore250 words
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OVERSEAS
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598 1979-07-06 5 NYT PRESIDENT Carter's special trade representative and the Commerce Department are expected to announce tariff cuts ranging from 40 per cent to 60 per cent for women's and children's apparel imports, instead of reductions of the 15 per cent previously indicated. The cuts areNYT - 598 words
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Article, Illustration72 1979-07-06 5 With a world wide shortage of petroleum, it looks like London has turned back the clock some 89 years, as this horse drawn doubledecker service appeared on Marylebone Road, near Regent Park. Actually, it is London Transport celebrating the 115 th anniversary of the London bus and they72 words
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Article868 1979-07-06 5 ARRIVALS Service Local Operator Number Time From MAS MH682 0710 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL RBA BI421 0930 BWN MAS MH671 0945 PEN KUL CPA CX710 1005 HLP GIA GA980 1030 HLP SIA SQI03 1045 KUL SIA SQ211 1045868 words
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Article271 1979-07-06 5 UPI THE US has won the jeans war in the Soviet Union. After years of futile attempts to turn out copies of American jeans, the Soviet Union is calling in US firms to set up a plan to turn out millions of bluejeans aUPI - 271 words
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Article298 1979-07-06 5 Reuter THE TOKYO summit communique on controlling Ike Rotterdam spot oil market will be hart to pat Into practice, Dutch government officials said. They mid they were parttemlariy sceptical absat whether It weald he possible, as proposed to make compsloory, the preseatatlsa of certificatesReuter - 298 words
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499 1979-07-06 5 NYT AFP VOLKSWAGEN, the West German motor company, is to invest 5,700 million Deutsche marks (about 556.300 million) between now and the end of 1961, to remain competitive abroad. This is the biggest investment programme ever decided on by the firm at Wolsburg, Mr Toni Schmuecker,NYT; AFP - 499 words
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WORLD IN BRIEF
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Article456 1979-07-06 5 Agencies WEST German industrial production fell 4.74 per cent in May, after a revised 5.31 per cent rise in April over March, according to provisional seasonally adjusted economics ministry figures. THE SWISS goverameat said It has decided to apply the same preferential tariff rate to Chinese Imparts, aaAgencies - 456 words
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Article483 1979-07-06 5 THE CARTER administration has concluded that there is no simple and speedy way the US, acting alone or in unison with other industrialised countries, can challenge the power of the oil producers' cartel, government officials said. The decision of the Organisation of Petroleum Exporting Countries483 words
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Page 5 Advertisements
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Advertisement268 1979-07-06 5 when you're in a modM< We're the help you Allow us ed... a u sv V V J 7 M m t iI r A 7* Running a Business is no smooth-sailing Problems, like rough weather happen unexpectedly, at just about anytime But perhaps the most recurring problem is Personnel268 words
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Article347 1979-07-06 6 THE proposal by Singapore to Indonesia to establish a joint crude oil processing facility deserves serious thought, and not merely because it makes eminent economic sense. It will be yet another step towards closer regional cooperation between two Asean member countries. And there is the added347 words
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Article357 1979-07-06 6 PHILIPS Singapore and the Singapore Industrial Labour Organisation have moved fast in incorporating the 1979 NWC proposals into their new collective agreement. The company should be congratlated for not haggling about the guidelines even though the new agreement will add over 20 per cent to the wage bill357 words
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1780 1979-07-06 6 R.V. EMERSON, DEREK WYNNE-JONES - WHEN planning, or 'quantitative decision-making techniques' first came into vogue in the booming Sixties, managers hailed it as the answer to the increasingly complex process of managing their businesses. But when these managers were caught in the economic recession of the Seventies, they threw awayFT - 1,780 words
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843 1979-07-06 6 FT WHY DID corporate planning fail to provide the positive assistance that management expected and needed when the "crunch" came after 1973? Research over the last three years by several academics points to two basic problem areas: the inadquate way "planning" was often carriedFT - 843 words
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Page 6 Advertisements
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Advertisement58 1979-07-06 6 THE ASEAN REPORT (in two volumes) MNMMH Author: Thomas W Allen Edited by: Barry Wain Publisher: The Asian Wall Street Journal 1979 As reviewed in the Business Times issue dated 18th June 1979 TIMES DISTRIBUTORS SON BHD Mail Order Division 1, Now Industrial Road Singapore 1953 Waaaa sand ma sat/sati58 words
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Page 6 Miscellaneous
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Miscellaneous1336 1979-07-06 6 RADIO All about airports DO YOU like alrparta? Da yea eajay Omk eceaaleM wliea yea after to take yaw eklMrea ar nieces aid nephews to the alrpart to toak at tke aeroplanes? Or da yea fly aa freqaeatly tkat tke tact thing yaa waat to da aa a Friday night1,336 words
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2272 1979-07-06 7 PANG ENG FONG; GREG SEOW - THE recent National Wages Council guidelines are designed to quicken the pace of structural change in the Singapore economy, but what will be the likely sectoral employment effects? PANG ENG FONG and GREG SEOW examine each sector, forecasting the likely impact, and raise2,272 words
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Article550 1979-07-06 7 ;A SINGAPOREAN staying .at that grande dame of New York hotels, the Waldorf Astoria, indulged himself in that time-honoured tradition of a drink before dinner. seated at the ■bar. he sat back to indulge !in his favourite activity taking in the sights and sounds of the550 words
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638 1979-07-06 7 John Drysdale - [FORUM. ...with John Drysdale PROFESSOR Robert E Baldwin, of the University of Wisconsin, has written an important report, just published by the London-based Trade Policy Research Centre, entitled Beyond the Tokyo Round Negotiations. In his report, the Professor opposes "selective" action against imports638 words
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Page 7 Advertisements
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Advertisement110 1979-07-06 7 Singapore's business world at your fingertips... r o* !te n 9 1 i in in m i m m m sa m m M i m i I m 6 K 6 8 I Singapore 1129 ft J most comprehensive i guide to the business s index and scene. If110 words
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Page 7 Miscellaneous
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Miscellaneous21 1979-07-06 7 BriStcW: FrankDickeos funnn/ houj Tneße"s ft ft to r€. o*cv fo« occrsiom r laJVA»L€ Vou yy P'lTH>/ ujgpiTHGJ? j* ToGGy DRy21 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article158 1979-07-06 8 JULY 04 Dm Aef-Telefunken 48 WB 25 40 Alls Leben 850 00 -10 438 00 BASF 132. OOB Bay H T W ban It 240 OOB unch Bay Vbank Bayer BBC BMW Cassella 344.50 unch Chem Verw 252.00 -3 Commerzbank *****BxrtConti Gumml 50 90 -07 Daimler-Benz 258 OOB Deutsche158 words
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Article191 1979-07-06 8 JULY 04 Francs Actions Suisse* 292 unch Alusulsse Br. 1206 -25 Alusulsse Reg. 488 unch Bro»n Bovert Br 1825 -15 Clba Qelgy Br 1245 -10 Clba Qelgy PC_ 1020 -5 Clba G*igy Reg 861 -1 Credit Suisse Br 2185 -5 Credit Suisse Reg 425 unch Elektrowatt Br 2060 -10191 words
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Article279 1979-07-06 8 CORBEILLE JULY 04 Frs Alr-Llquide 419 ao -11 B S N Gervals Danone 880 C S r (Thomson Csf) 388 80 •U Cte Francalse des Petroles 198 80 J Compa<nle Financier? Compagnle Generale 3S1 >1 Credit Fonder De France 494 -2 Hachette (Llbralrle). 240 4-8 Machines Bull 57 80279 words
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Article99 1979-07-06 8 JULY 04 Fls 333 50 -1J5 96 JO 0.4 28.20 85.10 1.3 110.70 0.7 67.70 -04 6570 0 4 Burhmann 70 80 0.8 106.00 -12 ***** -0 2 24.50 -0 1 Gamma 30 40 0.8 Hagemeyer 33 30 -0 2 Holland-Am 30 30 02 22.90 -01 54 80 -1299 words
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Article87 1979-07-06 8 FORWARD MARKET JULY M m 425 unch Arbed 2580 •25 Aatur MC -4 Bructn *12 Bru-Lamb 1790 Canpac 888 ■4 Cock 490 unch De Beers 2se ♦2 EDei 2115 10 Electrobel 6800 unch Gb-Inno-Bm 2820 unch Oe* 1234 10 Hobok 2750 -SO Retro Ryl Dutch —1 IH Stdro n87 words
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Article100 1979-07-06 8 JULY 04 Lire Anif 32 -0 75 Assoc Oen ***** -410 Bastof! 729 -18 OnlrmJe 5156 -b 2400 18 Flntl^r ***** 0.25 Oen Immob 8150 -13 IFI Prt 2377 12 iujcemenu ***** JO 710 3 lutlslder 386 unch MftfneU M Pf 578 4 Msrelli Ere 280 3 Med lob100 words
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Article216 1979-07-06 8 JULY 04 C% A MUM MS •H A lean 40 -S Algoma a* Bank Mont 24S unch Bank Nora Scotia 2JH Bell Tel US -H Beth Corp BP Can Ltd 28 A Brascan 23 Camp Red Lake Can Imp Bk as as Canpac 32'» Canpac In* Pf MSB unch216 words
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Article246 1979-07-06 8 INDUSTRIALS JULY 04 Rand 220 3 AE And CI 420 -10 AMIC 1365 15 630 S CNA 235B Currle Finance 87 unch De Beers Ind 162SB unch 300H 4000 Fed Volk 195 Fug It 114 280 Hippo Hi veld 230 -7 345 .2 190 LTA 215 M And R246 words
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Page 8 Advertisements
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Advertisement108 1979-07-06 8 Where to wine, dine and entertain •KTy 11 ri w n>m J? =\-=??~<*:>".--_@'--}.[\&)/';_: Feast like an emperor at Chinatown > 9 Lts bW mt mmm t m m r 1 Our chefs can whip up culinary delights that would excite even the most demanding of emperors Here at The Chinatown,108 words
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Advertisement156 1979-07-06 8 drill For lunch. For dinner. For a r/ch/y rewarding experience. Also Busine>smen s Lunch Monday to Friday 518 3'o CESS •Javanese Rnstafel Saturday <Sc Sunday sih :v r t cess For reservations call 7M9b77 JiM Vnlun I'jtrk SlhtiKoii SiiipqMHf* snfcßA'O'j AND INNS iN-A 'i 1 r? I IL'GO'S LL'N'CI IIX156 words
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Advertisement148 1979-07-06 8 NYSE was closed on Wednesday e See Page 4 for Asian stocks Ski i peso Seafood .VU. *r i i Corkpil 'Jiolrl t=T--4 Ft i, m Everyday is a big house affair for us Because each day is another new opportunity to perfect our service to you Service by which148 words
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Advertisement132 1979-07-06 8 Take a new look at die Harbour Grill. Treal 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 menu that fill make it a132 words
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Advertisement224 1979-07-06 8 THE RIGHT LIGHT DRINK FOR A SERIOUS LUNCH Cool, 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 We've Got A Great Thing Going224 words
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BANKING AND FINANCE
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468 1979-07-06 9 RUTH CHENG - By RUTH CHENG THE New Banking Asia Expo '80 to be held between June 2-5, 1980 at the World Trade Centre has attracted considerable attention from manufacturers of bankrelated equipment, trade associations, banks and exposition organisers round the world. Currently, one-third468 words
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Article513 1979-07-06 9 BONDS LOANS THE West German Federal Government is issuing a loan totalling 1.6 billion marks in a single tranche over 10 years at 8 per cent with par pricing. The Bundesbank said 200 million marks of the loan will be withheld for market regulating purposes. The remaining 1.4 billion marks513 words
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Article147 1979-07-06 9 A LARGE UK-based insurance company Commercial Union Assurance Co Ltd has set up a Malaysian incorporated company in a joint venture with two local companies. Antah Holdings Sdn Bhd and Ban Hin Lee Bank Bhd are joined with Commercial Union as equity partners in147 words
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326 1979-07-06 9 THE ban on the sterling financing of third country trade by UK merchants will be lifted from yesterday, the Treasury said. There will be no limit to the size of financing allowed. The Chancellor of the Exchequer had announced his intention to lift the326 words
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Article258 1979-07-06 9 Bank of Japan officials said the bank rules out rise in the bank's official discount rate at this stage. They also described as "too ridiculous to comment on" a report carried by the financial daily Nihon Keizai that the bank may raise the rate by258 words
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Article297 1979-07-06 9 THE European Investment Bank (EIB) sent out telexes on Wednesday afternoon to around 50 banks inviting them to bid for its forthcoming Eurodollar bond issue, EIB manager Andre George said. In a telephone interview with Reuters he confirmed the banks will be asked to297 words
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Article94 1979-07-06 9 Reuter THE Ttlyt Ktkr Buk Lid said II Is laaalag I S» mllllea af five-year floatlag rate certificates of depaait threagh Ita Lmdaa branch. The eertifleatea will carry lateral of per eeat aver the six-month Laadan laterbaak offered rate. This is helleved te he the firstReuter - 94 words
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Article73 1979-07-06 9 Reuter CENTRAL bankers from morr than M etutriM together with representatives sf the World Bank, EEC sad IMF, met ia Load m yesterday aad are meeting today at the iavftattoo of the Baak of Englaad. Topics will laelade the adeqaaey of international banks' liquidity aad capital, the responsibilityReuter - 73 words
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Article266 1979-07-06 9 THERE is this rumour about a bank which may be planning a new service specifically designed to appeal to depositors, existing and potential. If that service is introduced it may not only get other bankers onto the band-wagon, but it will put some of our unit trust managers266 words
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Article48 1979-07-06 9 Reuter HONGKONG'S Mass Transit Railway Corporation is making a farther placement of HK$59 million of shortterm notes, Trident International Finance Ltd said as bead of the purchasing syndicate. The notes have a 99-day maturity, a Trident spokesman said. He gave no details of the yield.Reuter - 48 words
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568 1979-07-06 9 NYT THE Securities and Exchange Commission has charged the American Financial Corporation, its president and two former company executives with having used company funds to benefit themselves and others in violation of the nation's securities laws. The agency's allegations were contained in a complaint filed inNYT - 568 words
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MONEY AND EXCHANGE$
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Article452 1979-07-06 9 THE US dollar did not perform well yesterday and closed on an easier tone against major currencies. Meanwhile, trading in sterling remained very active and recorded significant gains. Sterling opened at 2.2290' 300 against the US dollar and saw continued support throughout the day, reaching a high of452 words
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Article191 1979-07-06 9 Asian rates ASIAN currency deposit interbank rates as at close on July 5: US Doll»r»i Spot) Offer Bid 7 days 1011/1610 9/16 1 months 10 10H 2 months 10 101 3 months 10 10 s 6 months 10'. 10 9 months 10 7/16 10 5/16 12 months 10 7/16 10191 words
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Article21 1979-07-06 9 THE average rale ai which Singapore banks are currently prepared to lend to their best customers is 8 per cent.21 words
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Article55 1979-07-06 9 RANGE of prices offered by discount houses on July 5: Overnight 4H** Call deposits 4H* Chain Buying Selling 3 month Treasury bills 4 v l 4' 3 month Bank bills 7 11/16 7 9/16 3 month CD 7 7/16 7 5/16 6 month CD V t 7 J n55 words
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Article346 1979-07-06 9 GOLD futures in Singapore closed sharply higher in moderately active trading on short-covering interest yesterday, dealers said. The weakness of the US dollar, the cancellation of President Carter's energy speech yesterday and the firmer Hongkong and London gold prices also aided sentiment, they said. Turnover rose to 265 lots346 words
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Article211 1979-07-06 9 STERLING was off morning highs of U552.2325/35 to be quoted at a midsession 52 2430 40. Dealers said the Bank of England probably carried out smoothing operations at these higher levels and some profit-taking reflected market nervousness about sterling's present firmness. The morning nevertheless saw strong sterling demand, particularly211 words
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Article199 1979-07-06 9 THE US dollar eased further against the major currencies in late trading yesterday on the continuing strength of sterling and market uneasiness at the cancellation of President Carter's energy speech, dealers said. Strong European selling of dollars for marks also affected sentiment and the US unit eased to a199 words
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Article92 1979-07-06 9 THE US dollar for overnight delivery closed sharply weaker at 216.10 yen, compared with a 216.70 opening and 217.55 at Wednesday s close, dealers said. The dollar fell further in light late trading after early weakness on selling by foreign banks to buy yen for Asian centres and selling92 words
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Page 9 Advertisements
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Advertisement285 1979-07-06 9 from Penguins Jr M t«n k\ t iMi Wthe Dear Me: Peter Ustinov This is a brilliant book. It is extremely funny: there are hilarious stories about Sir Ralph Richardson and Sir Laurence Oliver (both of whom Mr Ustinov treats rather unkindly), and even more comic ones about Ernest Bevin285 words
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Article1283 1979-07-06 10 In Singapore BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted1,283 words
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Article158 1979-07-06 10 SING APORE UNIT TBUST INCOME BOND UNIT (Maaagen' prim tar Jal (Carreat prt< MS) The Commerce The Saving Fund 199 1.31 211 1.39 Income Bond 1.U 1.16 S pore Prog Fund 09* .99 S pore Sec. Fund S pore Invest Fund 1.74 1.85 1.19 1 26xd S pore158 words
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Article2564 1979-07-06 10 Gr's Gr'» Net 1979 Last Div Div Y'ld P<E Vol Day HiKh Low Company Sale -t-or- C'vr COOO) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 261 207 Acma 224 15.0 2.2 6.6 11.4 190* 123* Alcom 172 10.0 1.3 58 22.9 142 110 Allied Choc 129 12,564 words
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Article198 1979-07-06 10 4 1/2% 1/8/80 (250.000) (99 508 99 60S) 4 3/4% 15/9/80 (250.000) (99 6SB 99.755) 5 3/4% 1/6/78-80 (250.000) (100.758 100.85S) 6 1/2% 1/5/79-81 (250.000) (100.358 100.455) 5 3/4% 1/9/70-81 (250.000) (100 488 100.58S) 5 1/4% 1/3/81 (250.000) (100.108 100.20S) 5% 15/4/81 (250.000) (99 658 99.755) 5% T198 words
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Article111 1979-07-06 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. C*M Stongt (Sept $1.85) (0.328 0.405). C C (Sept $2.35) (0.348 0.425). Haw Par111 words
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Article1409 1979-07-06 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number oI shares traded shown in brackets in lots of 1.000 units unless otherwise specified INDUSTRIALS IJtoinU (2 GOB) \lrwn 11 755) (1) 170 Alex HaM «11,409 words
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Article104 1979-07-06 10 Worldwide (foldings Bhd: AGM to be held at Room BI, Basement Floor, Bangunan Ingeniur, 60-62, Jalan 52/4, Petaling Jaya, at 11.00 a.m. on Jul 17. H*tri Graad Central Ltd: AGM to be held at the Conference Room, Hotel Grand Central Building, 22, Cavenagh Road, Singapore, at II.30 am104 words
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Article, Illustration616 1979-07-06 10 NEWS al>out the Govcrnment's Intention to decontrol the price of oil did have a restraining Influence on sentiment at the Stock Exchange of Singapore yesterday. The new fear looming in the market is that the Goverimeit may deregulate the ell market locally,616 words
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627 1979-07-06 10 AMIDST DULL and featureless trading, prices drifted to a mildly easier close on the Kuala Lumpur stock market yesterday. Traders were generally reluctant to deal as there was hardly any incentives in the market. Trading as such was light and cautious. Dealers627 words
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COMPANY NEWS
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Article, Illustration526 1979-07-06 11 Our Reporter - Bv Our Reporter AMBASSADOR Hotel is going ahead with the first phase of its scheme to set up an oriental food chain in Singapore and Malaysia. An intent to lease agreement has been reached to open a restaurant in Holland Road. Tenders have also526 words
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Article69 1979-07-06 11 M ALAYSI AN PLANTATIONS BERHAD, the plantation offspring *f Ik-based Plantations Holdings, will be listed on the Koala Lumpur Stock Exchange today. The whole of the company's paid-op capital of 59.82 million Msl shares will be placed under the "Dollar Robber" section of the market The69 words
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695 1979-07-06 11 SENTOSA Plywood is apparently disposing of its stake in Faber Merlin in a move to improve its borrowings position and to divert part of its funds into more profitable investments. Latest published accounts submitted indicate that a substantial portion of Sentosa's $8.87695 words
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Article, Illustration824 1979-07-06 11 CATHERINE ONG - By CATHERINE ONG THE decline of United Engineers (UE) from a one-time high-flyer to a company struggling to get back on its financial feet is no cause for excessive gloom. UE's new managing director Peter Booner said: "A company cannot have a824 words
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778 1979-07-06 11 PAPER Products (Malaya) Bhd, which is seeking bumiputra participation through a special issue of 4.5 million shares at $1 par, has projected further profit growth for the current year. Group pre-tax profit is expected to rise 28.6 per cent to M 54.428 million778 words
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Article503 1979-07-06 11 Current Payment Ex Date Books Cloae Date Payable Total for Total for the year Previoua year Aokam 1 in Dah Yung T Harbour 10* I 10*<b) 15* I May 24 Jun 7 May 24 Jun 5 Jun 14 Jun 5 Jul 6 Jul 6 Jul 6 10* 10*503 words
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Article138 1979-07-06 11 Particulars Ex Date Book* Cloae Mai Flour Bonus Issue of 1 (or 2 Jun 27 Jul 9 Oriental Hldga Bonus Issue of 8 for 5 Jul 4 Jul 16 Spore Glaaa Bonus Issue of 1 for 5 NYA NYA Yeo Hiap Seng Bonus Issue of 1 for 3138 words
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Article412 1979-07-06 11 by HOCK LOCK SIEW THE DWINDLING public response to successive offers of new shares reflects vividly reflects the deteriorating state of investor sentiment. The market clearly lacks mass participation, and where once excitement and sometimes enphoria greeted new Issues, the attitude now can he best described asby HOCK LOCK SIEW - 412 words
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Article70 1979-07-06 11 announced that acceptances received in respect of its recent rights issue of three-for-five at $1.00 per share totalled 14,550 shares and acceptances received in respect of P and O Asia (Holdings Ltd were 17.46 million shares. The balance of the rights issue amounting to $8.1870 words
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Article94 1979-07-06 11 posted pre-tax profits for the nine months ended Mar 31, 1979 of MJ73.98 million compared with $51.93 million lyTurnover comprising external sales of oil palm products, rubber and cocoa was $168.64 million against $135.23 million. Profit after taxation was $40.92 million against $28.83 million. Average selling94 words
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Article376 1979-07-06 11 A BETTER performance by its sole money-spinning subsidiary, Kuala Lumpur Finance. has helped lossstricken Kuala Lumpur Industries (KLI) to cut down its losses substantially at the interim stage. For the first half-year ended April 30, 1979, the group reported a consolidated pre-tax loss of M376 words
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Page 11 Advertisements
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Advertisement267 1979-07-06 11 COURAGE CONFIDENCE leadership! 10 ways tto Me Cirtegte Cmtw help* mi art Ac«w( pan* m 4 CMIWMC• E mM NMi Win better f«t. MtM THE DALE CARNEGIE COURSE promote* and develops these qualities in those who are active in business, community o< social work Mj|Oi corporations are now showing increased267 words
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Advertisement183 1979-07-06 11 OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in the Republic of Singapore) RIGHTS ISSUE OF 2,728,379 NEW SHARES OF Ssll/- EACH AT THE ISSUE PRICE OF Ss3o/- PER SHARE ON THE BASIS OF ONE SHARE OF Ssl6/- EACH FOR EVERY Ssso/ORDINARY STOCK HELD The Board of Directors of Oversea-Chinese Banking Corporation Limited183 words
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652 1979-07-06 12 JOHN LIM - TALKS WITH OIL FIRMS By JOHN LIM THE Ministry of Trade and Industry has proposed that prices of petrol and diesel at petrol stations be allowed to respond to market forces. The proposal is intended to allow prices to rise so that consumers will652 words
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Article178 1979-07-06 12 THE Indonesian government has decided against a further rise in domestic fuel prices, despite the new increase in crude oil prices announced recently by the Organisation of Petroleum Exporting Countries, Information Minister Ali Murtopo said. This means that the government will automatically have to almost178 words
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Article284 1979-07-06 12 WHILE maintaining an appropriate silence regarding the budget for 1980. Malaysian Finance Minister Tengku Razaleigh Hamzah indicated that the Malaysian government would spend more to promote development. Speaking after the third day of his pre-budget dialogue with private sector organisations, he gave the assurance that the284 words
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Article859 1979-07-06 12 LONDON. Thurs Share prices were quietly easier with sentiment depressed by the possible effects of stronger sterling on the earnings of export-oriented companies, dealers said. At 3 p.m., the Financial Times index was down 6.2 points at 467.7. Equity leaders showed falls ranging up to Isp in places859 words
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Article570 1979-07-06 12 THE Malaysian government has been urged to review the country's tax structure, possibly by a Royal Commission, to help boost savings and stimulate development. The National Chamber of Commerce and Industry (NCCI) proposal, presented to Minister of Finance* Tengku Razaleigh Hamzah at the pre-budget570 words
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275 1979-07-06 12 THE GOVERNMENT will be seieeth f la Ha ptiky af graattag —M— to sapparttag Industries, as It wishes to eaeaarage higher techaology prodarttoa. Every udstuce, Inrladlag geaeroas tax laceattvea aad trataiag grants, will be givea to selected Industries by the Kronomlr Development Beard.275 words
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Article79 1979-07-06 12 AFP CHINA will this month reduce by half its supply of diesel fuel to Thailand, a spokesman for the stateowned Fuel Oil Organisation revealed. The spokesman said China, which has been supplying 40 million litres of diesel fuel to Thailand a J month, will deliver onlyAFP - 79 words
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352 1979-07-06 12 WANGLOOK KEAH - By WANGLOOK KEAH SINGAPORE Airlines has proposed to collaborate with Trans World Airways (TWA) to jointly sell a round-the-world fare that will compete with Pan American World Airways. According to TWA's sales manager for Southeast Asia, Mr A.X.Almeida, TWA is currently evaluating the proposals352 words
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311 1979-07-06 12 BRANIFF International has introduced an extremely low freight rate across the Pacific from Hongkong yesterday. Braniff's vice-president, Mr Robert E Culp said the new rates from Hongkong to the United States give savings of up to 60 per cent on existing rates. This will help311 words
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139 1979-07-06 12 AP INDONESIA'S non-oil exports in fiscal 1978-1979 totalled more than US$lBl billion (***** billion), a rise of 19.2 per cent from the previous year, Trade and Cooperative Minister Radius Prawiro said yesterday. He said oil exports for the year ended March reached $7.3 billion against $1.7AP - 139 words
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Page 12 Advertisements
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Advertisement73 1979-07-06 12 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. Can you really afford to miss Cot out and post today To: Times Business Publications73 words
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Advertisement315 1979-07-06 12 \iL f 'Probably the best espionage novel ever written.' Richard H Growald, UPI 'A major litarary event... a marvellous tale of spies and intrigue spun with intricate skill by a master story-teller. A must.' PLA YBOY 'As fine a novel as he has ever written concise, ironic, acutely observant of315 words
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Page 12 Miscellaneous
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Miscellaneous59 1979-07-06 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Scattered showers. Report for 24 boors prior to 7.3# p.m. on July 5 at the airport. Maximum temperature 30.8 Associated humidity 72 Minimum temperature 24.5 Associated humidity 91 Hours of sunshine 9.20 Rainfall in millimetres Nil Total rainfall for the59 words
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SHIPPING TIMES
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PORTSIDES
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Article81 1979-07-06 13 AFP AUCKLAND, Thurs. Two French and Japanese lines are launching new services on South Pacific sea routes, shipping sources said today. The 3800-tonne freighter Bounty of the recently formed Papeete-based Tahiti Line arrived here yesterday on its inaugural run between New Zealand and French Polynesia. Japan's DaiwaAFP - 81 words
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Article87 1979-07-06 13 Reuter IMPROVED rates for tanker chartering are continuing to encourage owners to remove vessels from lay-up while several fairly large tankers have been sold for demolition during the past month, shipbroker John I Jacobs's latest figures show. Jacobs says the number of combined carriers laid upReuter - 87 words
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Article88 1979-07-06 13 AFP THE French hospital ship "L'ile de Lumiere" yesterday left Pulau Bidong, a refugee camp off the east coast of Malaysia for Singapore where it should call in a few days. On her way to Singapore L'ile de Lumiere (Island of Light) will take on board Vietnamese refugeesAFP - 88 words
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Article535 1979-07-06 13 GOH ENG KEE - PROPOSED FEEDER SERVICE By GOH ENG KEE TAIWAN'S latest ever expansive venture, Evergreen Line, the shipping arm of Evergreen Marine Corporation, may add a Far East feeder service to its growing host of services covering the Pacific, Atlantic and Indian Oceans. The proposed feeder service wll535 words
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Article162 1979-07-06 13 UPI THE apptnnee W the Chinese charterers In the time-charter sec tar was the main —arc* of Interest oa an otherwise holiday affected market. The hulk carrier 01b•ossai Alfa with 21,2 M dwt was booked on Chinese account for a trip to China after spot delivery continentUPI - 162 words
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Article, Illustration271 1979-07-06 13 SAB AH Shipbuilding, Repairing and Engineering is to develop its shipbuilding and shiprepair facilities and Labuan Island, East Malaysia at an estimated cost of $70m. Managing Director Capt H M Stanfield says when the 30 acre site is developed it will "undoubtedly be the most modern271 words
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1743 1979-07-06 17 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Fort1,743 words
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Article516 1979-07-06 17 Shipping Um Page Ol ACS 5 Afea IV 3 Alpac IV 5 Angkutan V 3 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 m 3 Ben Ocean ra 1 Blue516 words
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Article984 1979-07-06 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival 1s 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 the984 words
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Article, Illustration777 1979-07-06 18 THE 3,769 kilometres St.Lawrence Seaway, the main artery to the industrial heartland of North America, celebrates its 20th anniversary amid fears that it is becoming too successful. "Right now we are 17 per cent ahead of last year and that's way too much,' St.Lawrence777 words
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Article627 1979-07-06 18 Fairplay SHIPBROKING, it has been said, is a career in which flair, rather than any formal qualifications is the principal requisite and there is even today a tendency to play down the need for any form of qualification other than that of experience accumulated in a shipbroFairplay - 627 words
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949 1979-07-06 18 THE overwhelming defeat at Furness Withy's annual meeting of the resolution to appoint KCA International chairman Mr Paul Bristol to the board has done nothing to resolve the persistent problems surrounding the minority holdings in Furness Withy. After the 2:1 vote against the949 words
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Article, Illustration341 1979-07-06 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barber Priam (0400) 46/47 Denei No.B (0100) 40/41 Fujikai Maru (Tanker) (after Aktyubinsk P/O subject gas free) 15/16 Lumut (0600) 20 East Ning Hua (after Alayamini) 18 Sinkiang (1500 draft not to exceed 8m alongside) 29/30 PASIR PAN JANG WHARVES Asean Endeavour341 words
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Article110 1979-07-06 18 THE Part of Singapore Authority (PSA) will eaadiet a five-day (mornings oaly) course oa "Skip laspeetiea" tram Aag 27 (a SI at Its training department, Telak Blangah Read. The eaarae will be af special Interest to safety officers, sapervtsars, foremen, aad other personnel la110 words
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Article208 1979-07-06 18 AMERICAN President Lines' vice president for South Asia, Mr Steven F. Schmidt, has announced the promotion of eight staff members based in Singapore. Mr Gay Chin Lin is appointed manager, maintenance and repair for the South Asia area. In his new position, he will provide technical208 words
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Page 13 Advertisements
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Advertisement462 1979-07-06 13 Europe Our Next Loader Port Ketang: llil Singapore: For further details, see page 3 JAR DIM AN I AH r Orient Overseas Co*da*teA Line FULLY CONTAfOtSED SERVICE TO EUROPE (VIA SUEZ) KOREAN lACENON 3W H KONG CONTMCX 16IT lOCATOR 12* 1 tCPTUK CORAI 14* I QCVAIBt r«U 17* 23,7 25462 words
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Advertisement286 1979-07-06 13 59,H1 851 SEALORD ANTAH m UASC UNITED ARAB SHIPPING CO (SAG) All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity. Long Length Capability 'ARABIAN GULF WEEKLY SERVICE! Vessel S pore Loading for H 9 7 Dubai (23 7). Kuwait (25 7) Shuaiba (29/7). Doha (2/8) Damman (25 8)286 words
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Advertisement200 1979-07-06 13 1 o m k NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES FAR-EAST/EUROPE FULLY CONTAINERtSED SERVICE Mji'f R dam F stoat m is««>t I Sept 5 Scvt 6 Sept Hbw| B'ttn A»rp 27 Mr 28 Mr 31 Mr 1 M i K,i 9 11 13 M KM '<■% 2: A g200 words
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Advertisement657 1979-07-06 13 d \v*' i Australia Our Next Loader Port Kelang: !£ZZ Singapore: For further details, see page 3 MAERSK LINE far US PacAc Picdic North West. Gutt t Atlantic East Canada and Meiico (Also accepting lor Hongkong Taiwan Japan and Korea I FVUT CONTAMHED f AST OKCT NEEKLY Mother Vessel t'657 words
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Page 14 Advertisements
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Advertisement715 1979-07-06 14 FULLY CONTUOISED TO EWOPE Osaka Bay Lnierpool Bay EXTORTS Bona ran To*,oßa» Cardfcan Bay Total Eiprets EXPRESS CONVENTIONAL TO EUROPE S pare P Keianf Pen Mix Genoa H'burf Bremen Rdam Ant»« Mncfetw 18/7 20/7 19/8 11/8 26/8 20/8 22/8 24/8 Refomteei 21/7 23/7 8/8 2/8 19/8 17/8 14/8 12/8 FULLY715 words
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Advertisement437 1979-07-06 14 barber blue sea From: US ATLANTIC US OAF t EAST CANADA ft*" m si mm N 1/3 I Auf It CANADA/USA Pacific Coast SMa OK) SKAKK I 5-4/7 21-22/7 Penjnf 7-9/7 Jakarta BC I U/» 13/1 OK) I (BBS) 21 24/1 23-25/1 kUKjfc) New Or* are WIT LOADER SMBA' E.437 words
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Advertisement721 1979-07-06 14 EVERGREEN LINE I r FAR EAST/EUROPf EXPRESS FULL CONTAINER SERVICE 1 ACCEPT WO CARGO FOR HAMBURG. FEIKSTOWIC. ROTTEROAM. ANTWERP LE HAVRE ALSO ACCEPTING CARGO FOR UNITED KINGDOM SOUTHAMPTON LONDON. MANCHESTER. BIRMINGHAM BRISTOL LIVERPOOL. GLASGOW. LEEDS WEST GERMANY MfMEftHAVtN HOLLANO AMSTERDAM S'p«t Hatavt Mt*4aa Wwp It Mum IwHp 7 M it721 words
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Advertisement1031 1979-07-06 14 Everett lines] 1 Burma Five Star Shippini Corpn. "BURMESE NATIONAL LINE' LOADMG FOR RANGOON B.F S S C Agents m Malaysia TEPS MALAYSIA Port Kelong Trff3B>-7355 P«nong Td *****/***** Compania Argentina Da Navaaacion Intarcontinantal S. A. C.I. F. Navagacion Intarcontinantal S. A. C.I. F. m "ARGENTINE NATIONAL LINE" LOADING FOR1,031 words
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Advertisement629 1979-07-06 14 HIO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103. 21ST FLOOR MARINA HOUSE SHENTON WAY MISTRI ROAD. SINGAPORE 2 TEL *****44 7& *****70 §21 SANKYO LINE AUSTRALIA SERVICE MAYSKY DtAMOfO SIM. •YUE MM 15/17 July 27/29 Jd? Singapore In ?<*• 18/20 My 30/31 My Load* far: SVD FREM, ADEL. MEL.629 words
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Page 15 Advertisements
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Advertisement811 1979-07-06 15 Overseas B B B u Containers Vmm Limited Weekly service to/from UK/Europe To UK/Continent Spore Osaka Bay 9 M Urorpeol Bay 11 M Benalder lIM Handwt Eiprrss 2S M Bena.or 4 Aug T<* to Bay 12 Aug Cardan Bay 21 Due Teka Eiprns 21 Aug From UK/Continent P.Keiang Dmart Bram811 words
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Advertisement965 1979-07-06 15 GRANARB LINE RELIABLE I DEPENDABLE NON-CONFERENCE EXPRESS SERVICE WEST BOUND-FAR EAST/MEWTERRAKAN M.V HAN FUNG V 2»W M.V. MAN KM 12i« Spare Ptnjnf JO M HV KNONG FUNG V3OW- 31 ALL VESSELS ACCffTWG CONTAIO CARGO MM/P SMd/Aleundru/ Beirut/lattalua Pit ejus P Said/Aleiandria Beirut/lattakia Pireaus Jeddih P Said Beirut lattalua EAST BOUND-MEDITERRANEAN/FAR965 words
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Advertisement608 1979-07-06 15 BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE WITH LBERTY TO Oil AT RED St* POUTS S PORE *****4. K LUMPUR *****4 PKELANG 6521. PENANG ***** BEN ASIA CONTAINER SERVICE El II BENBULK BULK SERVICE FOR TIMBER AND PLYWOOD Rflin{ Tetok Ayet S per P Ketang LaaAag tar: •NORTHAMP lIMMK608 words
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Advertisement420 1979-07-06 15 Scan Dutch V .'i i a nr.] i i w w :j i• >i »i: i.* w.u .a n :#i: i»: i P l*> (HT Ml) in wi an an 4/1 M/l U/» 1) l»ii>—. San 2) U,CHIIMI. I) M M MHii I) taw Mmm tarn Mt CmM«ia. MMI 4)420 words
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Advertisement580 1979-07-06 15 r BOUSTEAD SH,PPING AGENCIES THE BANK LINE LTD. FMOOCH ißeumon IMn Clown PC. Eldn) S pore 24/21 Aug P Ming 29/31 Aug FROM EAST I SOUTH AFRICA FOR BANGKOK MANILA A KSOI Penang .P KWng S pore Aug U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) LOUSE LYKES (loa<h)580 words
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Advertisement939 1979-07-06 16 L s K line KAWASAKI KISEN KAISHA. LTD. EUROPE tXPRESS SERVICE TO EUROPE P Kelang L Ha»re Rdam 28 July 31 iMiy 2 Aug 5 Aug 9 Aug U Aug 14 Aug 16 Aug 22 Aug 25 Aug (jcciptag cargo** to Sexton) na Hw*wf) FROM EUROPE TO FAR EAST *1939 words
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Advertisement821 1979-07-06 16 Wa U.S.A./EAST CANADA SERVICE Penam Beliwari P Urtjnf Smppore E.C./CREAT LAKES SERVICE LOMM FOR: TOM. NUKCK WNTKU. ItMMTO Penam Hnw P Hetjnf Smppore V®RIA lET (Cafc Qacaca) 30/31 Mr 71/7) My 75/27 Mr VBMVA DHARMA" JO/31 Am 21/75 Am 75/77 Am CALIFORNIA/PACIFIC NORTH WEST SERVICE Lea** tar 10S ANGELES. SAN821 words
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Advertisement626 1979-07-06 16 r~ ■roup SINGAPORE SHIPPING AGENCIES PTE. LTD 20t* FIOOH act AN BUILDING SINGAPORE VARHfTiNG 91 1122 <3 LINES* GENERAL *****1 M 4 LINES) TELEX RS RS 2SS6B A B CARSmiP c ABL E CARGOSMIP Mr ifmt 3D 7/11 Mr IJW 31/2 M| Ml l]oiitninvr Lilies WEEKLY CONTAINER SERVICE to/frcxn BANGKOK626 words
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Advertisement367 1979-07-06 16 I" r" tt cap la AUNTS S pat UO la It If I Mn a> 4*t« :rn ltd i* 2211*22 asi AUNTS Spat UO 9ffK Ml LTD T* *****22 (II lap) Paw WNIS MSC SNPVVK MEMCtS SOU B®T* ***** Iff UNITHAI IWEO Thai Sffuc, COWOWON iTD EXPRESS CONKXTOML SOWCE TO367 words
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Advertisement836 1979-07-06 16 INTRASEA (PTE) LTD. F.iber House 234E Orchard Road Singapore 9 Telephone **********4057 li. REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'poro P. Ketang Penang Loadng tar: RATNAMANORAAM N842 7 M 10M Avon (UK)/Boulogne FVMAR N845 22 M 24 M Boulogne Rdm Avon(UK) Agents: Singapore WTRASEA (fit) LTD *****11 BOOK KG836 words
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Advertisement297 1979-07-06 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE PT KEI PENANG PT SAB ALEXANDRIA PYRAMIDS UMy 15 My 29 Auf 2 NN.E U My 21 Auf 14 Au( 19 Sub|«t nducmwnt MARTRANS CARGO PLEASE CONTACT SCHENKER SINGAPORE TEL *****11 I I297 words
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Advertisement376 1979-07-06 17 <oaat prtaa £<'*<•* £td PERSIAN GULF SERVICE ETA FTO LOADMG FOK BACHLONG V 96W to Port 5 U Muscat Di*w/ Abu Hufc/ Mnto/Kml EASTERN EXPRESS V.9BW(TBC).. 19 U 20 M -do RAMGOOM/CMTTA6ONG/CHALMA SERVICE M.V FIVE ISIAPDS hi Port (Jul CONTAfO SERVICE TO AUSTRALIA ETA ETD LOAOMG FOR: M V SUN376 words
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Advertisement323 1979-07-06 17 P.T. PERUSAHAAN PELAVMAN ANGKUTAN PERTAMBANGAN DC OUT SM6AKIRE RtWfSIA CONTAOO FEHO SEX VICE AUTHORISED BT MDOHSIA GOKRNOT WITH Fill CONTAME* VESSELS EACH CARRYMG 11? TAMBANG TAKAM I ALSO ACCEPTMG CARGO FOR MDONESIA GOVERNMENT PROJECT ANO HEAVY MACHMERtS TAKAM IV TAKAM II SMGAPORE lOAOMG FOR 17/7 m in jkt 13/7 JKT323 words
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Advertisement388 1979-07-06 17 .CHINA OCEAN SHIPPING COMRWi UKC SERVICE P KEIANG pi hang loaong for •Y«g twi 25/27 My Rotterdam Hamburg Wang Ting 27/29 My London Antwerp Rotterdam/ Hamburg Tang Cheng 27/90 My London Rotterdam, Hambuq 25/26 Aug Rotterdam/Hamburg *Kang iang 25/26 Sept Rotterdam/Hamburg MEDITERRANEAN SEA SERVICE Tm Chuan 25/27 My Barcelona Marse*es388 words
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Advertisement397 1979-07-06 17 NOTICE 11 15l :V% j [iff] »/s "Ramoneverett" Voy. 6-W Arrd: 30.6.79 Place of Survey: P.S.A. Gdns. 33/34 General Survey on damaged cargo discharged ex the above vessel will be held on 6th July 1979 from 8.30 am. No further survey will be held after this date. CELTIC BULK CARRIERS397 words
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