The Business Times, 17 July 1979
1979-07-17
1
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The Business Times
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Title Section10 1979-07-17 1 BUSINESS TIMES M.C.(P) No. 144/1/7S TUESDAY, JULY 17,1979 50 CENTS10 words
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BRIEFLY...
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Article59 1979-07-17 1 UPI GENEVA, Mon. World airlines are likely to raise passenger fares 10 to 15 per cent to compensate for increases in fuel prices, the International Air Transport Association (lata) said today. Around 60 airlines begin a week of talks on new fares tomorrow. The airlines increased faresUPI - 59 words
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Article81 1979-07-17 1 Reuter TOKYO, Mon. Japan's Foreign Minister Sunao Sonoda this week begins a tour of five African states that is seen as part of a major Japanese drive to win friends on the continent and increase bilateral economic cooperation. Mr Sonoda, who travels to Nigeria on Friday and thenReuter - 81 words
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Article67 1979-07-17 1 Reuter JAKARTA, Mon. Construction of a US$3l3 million (5J688.6 million) fertiliser plant with an annual production capacity of 570,000 tonnes of urea will begin early next year, Basic Chemical Industry director-general Hartato said. The plant, the first joint Asean industrial project, will be built in the northern SumatranReuter - 67 words
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Article48 1979-07-17 1 Reuter SEOUL, Mon. Malaysian Prime Minister Datuk Hussein Onn arrived on a five-day official visit to discuss ways of enhancing mutual economic and other relations. The Seoul government hopes the visit will help improve its relations with other Asean members, Foreign Ministry officials said. Reuter.Reuter - 48 words
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Article87 1979-07-17 1 UPI TOKYO, Mon. The secretary-general of the moderate Japanese opposition party, the New Liberal Club (NLC), tendered his resignation today, exposing the splinter group of the ruling Liberal Democratic Party to a possible dissolution. Mr Takeo Nishioka, the secretary-general, in a letter to party leader Yohei Kono,saidUPI - 87 words
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Article69 1979-07-17 1 Reuter LONDON, Mon. The International Tin Council today began a week-long session here at which producers will press for a revision of the council's buffer stock price ranges. Ministers from producing countries agreed at a meeting in Jakarta last week that the current M 51.350 to $1,700Reuter - 69 words
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Article80 1979-07-17 1 UPI NEW YORK, Mon. The stock market was mixed early today as investors waited for President Carter to reveal more details of his plan to make the US less dependent on foreign oil. Trading was moderate. The Dow Jones industrial average, which fell 19.46 points in the previousUPI - 80 words
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Article140 1979-07-17 1 Rises Indices Tronoh Mines 900 -f 40 Jul 13 Jul 16 Esso 430 16 B.T. Index: H B T 210 13 2221.34 2225.95 Kemavan 270 10 Industrials: 374.54 375.94 S P P L 86 10 Finance: 673.59 675.75 A Enterprises 358 8 Hotels: 279.56 279.49 Spore Bus140 words
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Article, Illustration145 1979-07-17 1 Rises Indices A Hitam Tin 1290 40 Jul 13 Jul 16 Pengkalen 560 10 B.T. Index: 3209.86 3215.02 S Trading 675 10 Industrials: 401.87 402.62 Berjuntai 815 10 Finance: 598.69 599.27 Sg Besi 1130 10 Hotels: 257.13 254.29 N BT 208 09 Properties: 233.14 233.45 SEA Lumber 220145 words
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Article802 1979-07-17 1 COLIN CHEE - VARIABLE REPAYMENT By COLIN CHEE THE HONG Leong Finance group of companies has launched a new financing scheme for house buyers that promises to be the most interesting to date. Called the graduated payment mortgage (GPM), the scheme is based on a repayment scale that802 words
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Article189 1979-07-17 1 THE Telecommunications Authority of Singapore (Telecoms) is willing to consider further revision in its telex rates to help commercial users to be more competitive than their counterparts elsewhere. The matter is under constant review, said a Telecoms spokesman. The Monetary Authority of Singapore, among other189 words
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638 1979-07-17 1 RAHIM KASSIM - By RAHIM KASSIM THE SINGAPORE World Trade Centre (WTC) plans to set up a textile market at its premises to promote local textiles and garments. A WTC spokesman said yesterday that it had contacted several domestic manufacturers to gauge their response to638 words
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294 1979-07-17 1 SINGAPORE GLASS (1914) has confirmed the sale of lis Henderson lltd property for SUM million in euk. Following queries by Ike Stock Exchange of Singapore on aa eaMler report la the Business Times, the company yesterday saM it eatered Into an agreement on294 words
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405 1979-07-17 1 TOP officials of two main assemblers of motor vehicles in Singapore are still studying the implications of the Government's recently announced policy on car assembly in the Republic. None, however, expressed surprise at the decision to withdraw tariff protection for locally-assembled cars from August405 words
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Page 1 Advertisements
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Advertisement13 1979-07-17 1 soft-joys fbofcbyO Golf Shoes For Men Women i INS TON S PTE LTD13 words
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Advertisement31 1979-07-17 1 urrwi today's pride in the world of golf. Strikingly Handsome because it was engineered to precision perfection True PJayaWity because it was designed Q for the discriminating Af\ V fer A.31 words
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Advertisement67 1979-07-17 1 mi©LS SHIPPING TIMES PORITE Singapore brings forward expansion plan I A CLOSER look at new Chinese investment f UNORTHODOX remedy for inf1ati0n.................................... 7 STOCK market rep0rt............... n BUY selectively, advises Lyall and Evatt.............. u WHY Sime's share price remains weak 11 CITY centre may be the next hotel belt 1267 words
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Advertisement343 1979-07-17 1 I Ptain paper copiers Preferred by offices worldwide CALL *****5. ?vi Wywy Private Limited Wywy House i 7 Leng Kee Road Singapore 031.S KJLM The reliable airline of Holland Looking fbra smooth connection to get to the ULK? KLM's home-base offers you 358 flights a week to 22 destinations in343 words
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TRADE AND INDUSTRY
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Article431 1979-07-17 2 COURSES AND TALKS 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 23-24: Project Financial Investment Appraisal, Hyatt Hotel, Price Waterhouse Associates July 26-27: An Engineer's Guide to431 words
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496 1979-07-17 2 WANG LOOK KEAH - By WANG LOOK KEAH PORITE Singapore, a manu- 1 facturer of oil-less bearings s and machine parts, is being geared to take over the markets of its sister compa- ny in Taiwan. Both firms are whollyowned subsidiaries of a Japanese company. Tokyo Oilless496 words
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Article138 1979-07-17 2 EMPLOYEES of NTUC Welcome were yesterday urged to cultivate a sincere form of courtesy that springs from a deep-rooted concern for the individual. Opening NTUC Welcome's 12th supermarket at Geylang East. NTUC secretarygeneral Lim Chee Onn said that since the courtesy campaign was launched. Welcome staff have138 words
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Article95 1979-07-17 2 MITSUI Engineering and Shipbuilding and NisshoIwai have received an order from the Electric Power Authority of Indonesia to build a boiler for a thermal power station. The boiler, scheduled for completion in April 1982. is to be installed at the Third Semarang Thermal Power Station95 words
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Article, Illustration181 1979-07-17 2 A SALES conference on pumping equipment will be held this month by Kelly and Lewis Pumps, an Australian supplier of pumping equipment to several major government projects here. The conference, to be held at the Australian High Commission from July 23 to 27, is expected181 words
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343 1979-07-17 2 CHOO AI LENG - By CHOO AI LENG RISING international demand for timber products will ensure rapid growth of the Singapore timber industry. Mr Ridzwan Dzafir, chairman of the Timber IndustryBoard. was speaking at the opening of Wood 79. the first international forestry, timber processing and woodworking exhibition343 words
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Article, Illustration404 1979-07-17 2 RAHIM KASSIM - By RAHIM KASSIM A LOCAL refrigeration equipment manufacturer, Ice-Bits International, has completed the fabrication of a new plant for Malayan Refrigerating Company (MR). The $300,000 refrigeration plant will replace MR's existing plant. Mr Ingvar Nielsson, managing director of Ice-Bits, said his company was able to secure404 words
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Article102 1979-07-17 2 A M 525 MILLION office complex has been proposed for the headquarters of British-American Insurance in Kuala Lumpur. It will be built at Damansara Heights at the corner of Jalan Semantan and Jalan Beringin and will consist of two office buildings of eight and 18102 words
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Page 2 Advertisements
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Advertisement15 1979-07-17 2 SO MUCH CAR FOR SO LITTLE o 1 V-- rf>»' v t'H-mm (PARF) > J*! fk-if-15 words
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Advertisement39 1979-07-17 2 THE ROYAL BANK OF CANADA (INCORPORATED IN CANADA WITH LIMITED LIABILITY) ANNOUNCEMENT The Royal Bank of Canada announces the appointment of Tong Louie of Vancouver to its Board of Directors. Mr. Louie is President of H.Y. Louie Co. Limited.39 words
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REGIONAL
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Article758 1979-07-17 3 ARRIVALS Service Local Operator Number Time From SIA SQ101 0815 KUL MAS MH621 0640 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CAL CI814 1000 HLP CPA CX710 1005 HLP GIA GA90O 10% HLP MAS MH605 1045 KUL SIA SQ103 1045 KUL SIA SQ211 1045 HLP758 words
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Article454 1979-07-17 3 AFP CHINESE Vice-Premier Li Xianning has called for a new surge in the construction of farmland improvement projects in China's countryside during the coming winter through to next spring, New China News Agency (NCNA) reported. Mr Li made the appeal at a recent national conferenceAFP - 454 words
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Article335 1979-07-17 3 THE Malaysian Employers Federation (MEF) has made a spirited defence of the use contract labour in the country in an editorial of its newsletter. It said it was surprised that the issue of contract labour or the employment of workmen through an intermediary with no direct employer-employee335 words
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Article192 1979-07-17 3 AP CHINA has discovered new natinl gas wells in the TeaIda Gall aad la southern China. American experts said the country's poteattaJly vast gas reserves eaald help flaaaee Its ambitions modernisation programme. The chalrmaa af the Amerieaa Gas Association, Mr Keaa, said Chlaa's MinisterAP - 192 words
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103 1979-07-17 3 AFP INDONESIA'S Vice-Presi-dent Adam Malik has raised the possibility of the tiny town of Semarang, capital of Central Java, becoming the capital of Indonesia. Mr Malik was quoted as saying that Semarang is in fact an ideal city as it had the requirements of being theAFP - 103 words
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461 1979-07-17 3 UPI ASLAN countries are now busy grappling with a new spate of oil price increases. Shell Oil Co, Hongkong's biggest supplier, began charging as much as 25 per cent more for petrol, diesel fuel, kerosene, industrial fuel oil and other products from yesterday.UPI - 461 words
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210 1979-07-17 3 MANY investors set up industries in Johore because the state government is offering attractive terms including cheap land. Mentri Besar Tan Sri Haji Othman Saat said on Sunday. He said that with cheap land available, (Johore charges only 5 cents per square foot), investors210 words
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Page 3 Advertisements
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Advertisement46 1979-07-17 3 A K 11/ air today... *>>' would like to thank you for your valuable support. We look forward to many long years of your friendship, and hope to serve you better. Prudence with Foresight. Industrial Commercial Bank Ltd. ICB Building, 2 Shenton Way, Singapore 0106. Tel: *****11.46 words
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RAW MATERIALS
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658 1979-07-17 4 THE summer blues affected all the base metals last week. Lead was one of the worst hit and its prices fell C9O a tonne over a sevenday period to reach £521.50 a tonne early on Friday afternoon. The main reason for lead's fall658 words
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786 1979-07-17 4 NYT WHILE traders in commodity futures cautiously squared their positions last week, awaiting President Carter's address to the US. manyhad time to study three market reports issued in recent days. One was the annual survey of yields on non-tradi-tional investments by Salomon Brothers. The secondNYT - 786 words
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Article394 1979-07-17 4 THE Singapore rubber market in Singapore yesterday closed lower with August One RSS buyers quoted at 283.00 cents per kilo, dowin five cents from last Friday's close, dealers said. Morning prices were marked down on lower London advices, stale bull liquidation and upcountry selling coupled with some berarish American394 words
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Article457 1979-07-17 4 R A S prices In cents per kilo yesterday Noon Close (per kilo) (per kilo) Buyers Mini Buyers Sellers Int 1 R.S.S prompt o.b. 286 00 287 OON 285 50 286 50N Int 1 R.S.S. August 283 50 284 00 283 00 283 50 Int 1 R.S.S. September457 words
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Article120 1979-07-17 4 NOON SSR MM SMR price* tnUfdi)' HAS Auul Septeabfr {Cm -real Mlk) (For ward Mtki Bu>er* Seller* Bayer* Seller* SSR 20 tiloll pallet) 274 50N 276S0N r450 m MM SSR SO ll mi pallet) 271.50 273.50N n so 273 SON MRCLB SMR CV <14 ion pallet I120 words
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Article66 1979-07-17 4 THE STRAITS tin price in Penang yesterday Mss to a pieul, $2SI above the International Tin Agreement ceiling. Despite London's steadier conditions last week, values eased slightly on lack of strong snpport from all dealers and a slightly larger tin ore contribution by miners during the weekend, dealers66 words
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Article30 1979-07-17 4 Rubber: July 16 Singapore: August: 283.00 cents (down 5.00 cents) Malaysia: August: 283.25 cents (down 5.00 cents) Tin: $1,960 (down $5) Official offering: 192 tonnes (down 11 tonnes)30 words
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Article344 1979-07-17 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE 100 per cent first clas (Kangaroo) new crop 0 96. 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 070 THAI BROKEN A344 words
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Article612 1979-07-17 4 COFFEE: Robusta futures yesterday extended earlier losses to close the morning slightly easier, near the lows, and down £100 to £65 per tonne from Friday. Turnover was 5,723 lots including eight options and around 2,600 lots of cross trades. Biggest loss was in spot July at £1,720. September612 words
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Article196 1979-07-17 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) C«Oaa y*m: China Blue Phoenix 20s 2.320. 32s 2.830 40s 3.040 (per bale of 400 lbs). PW» China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq. Flower and Butterfly unq;196 words
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Article67 1979-07-17 4 CJ.F. North European ports, in US dollars per ton unless otherwise stated LONDON: Fri Previous Malaysian 5%ffa bulk per tonne September 679slr 689slr Sumatra 5% Ha bulk July 700slr 707 1 j sir August 695slr 705slr September 690slr 702 sir October 687 sir 700slr Nigeria 5% ffa bulk67 words
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Article309 1979-07-17 4 THE SINGAPORE produce market yesterday went through the usual quiet Monday routine owing to lack of price indications from abroad. Trading was confined to local dealers on squarring account. Some sales of the popular commodities to West Asian ports. Generally prices held steady and were mainly quoted unchanged309 words
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Article176 1979-07-17 4 THE SUGAR futures market yesterday trading continued the recent quiet trend with no trades registered as on Friday, dealers said. Nearby September closed at 8.85 90 US cents against Friday's 8.90 9.00 close. Cotton trading closed little changed in continued quiet trading, dealers said. July closed at 61.60176 words
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ASIAN STOCKS
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662 1979-07-17 4 Tokyo Source: DBS-Daiwa THE market rebounded yesterday, centring on high-quality stocks and energy substituterelated issues, reflecting Saturday's bullish sentiment. Mutual funds, which had been heavy sellers of blue chips during the past few months, started to purchase stocks with low price earnings multiples. Turnover gradually increasedSource: DBS-Daiwa - 662 words
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Article275 1979-07-17 4 THE MARKET yesterday moved sideways in thin trade with no major local announcements to affect prices. Hang Seng index 548.99 2.61). Turnover HK$38.80 million. Saaree: SHK Sec Ltd JULY 16 HK* AtnaJ Rubber 3 75 -01 Associated Hotels 2J75B Bowaters Cheong Kong 12J0 -01 China Enct China Light 4.00275 words
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Article273 1979-07-17 4 THE MARKET yesterday closed generally quiet with telecommunications disruptions hampering local and overseas business, dealers said. JULY 16 Cents INDUSTRIALS A. C. I. 187 unch A. N I 175 unch A P. M. 125 2 Ampol Pet. 64 unch B H P 834 2 Bank NSW 352 ftor*l rrm273 words
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Article134 1979-07-17 4 THE MARKET yesterday closed mixed with commercials posting gains while min- ings and oils declined, dealers said. Turnover fell sharply to 5.1 million pesos from Friday's 15.3 million. JULY 16 Pesos Aco)e Mining roe unch Atlas Con A Atlas Con B 1800 -04 Bagulo Gold 0086 unch Benguet Con.134 words
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Article68 1979-07-17 4 THE STOCK market yesterday closed lower in slow trading, dealers said. JULY 16 Bahls Asia Credit 228 -t Asia Fibre 184 -3 Ayuthaya Inv And Trust 131 Bangkok Investment 230 -4 Bangkok Bank 342 -1 Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban M4 -4 Bangkok Nylon Bani68 words
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Article35 1979-07-17 4 HKHANO SENO Monday 548 90 Friday 546.38 Week Ago 544 73 SYDNEY INDUSTRIALS Monday 486 70 Friday 485 67 Week Ago 486 30 ALL ORDINARIES Monday 588.42 Friday 587 88 Week Ago 588.2635 words
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Page 4 Advertisements
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Advertisement115 1979-07-17 4 2L—--~"r U v You can use, our accounting service for £6 HttJe ate $500 per month to assist you to manage your business. CPS is fast and easy. We deliver your financial reports within 2 days. Your accounting staff saves long hours. You don't have to risk installing equipment which115 words
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Page 5 Advertisements
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Advertisement97 1979-07-17 5 *-3.» > P, m WtilX •«554-* 4- m '•&&&&< > ?r. £>? at* <*r ;3pfc<y. fc ftjr r &2I M- m ,r«* H •v!SO% ,i u .§> Pol V 4] "> ITuO <* »i- "> '•4 M*Mr *>& .-v < \t-rxe-i 13l Jt V.> if v. |K J m r97 words
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Article429 1979-07-17 6 THERE IS NOTHING in Hong Leong's latest strategy to win a bigger slice of the housing loan market that can be faulted. The wonder is that none of its competitors have thought of it before, or perhaps, having thought so, decided against it. The429 words
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256 1979-07-17 6 PRESIDENT Carter has delivered a most impassioned plea to Americans. Emerging from his Camp David hideaway after two weeks of consultations with Americans from all walks of life, he has defined America's problem as one of a crisis of confidence. America, says Mr256 words
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Article675 1979-07-17 6 DAVID LAN - By DAVID LAN AFP THE newly promulgated Chinese law on joint ventures dees make many concessions to foreign investors but not until vital Chinese national interests have been taken care of first. After all, when you do business with China you are doing business with a socialistAFP - 675 words
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Article1737 1979-07-17 6 GEOFFREY OWEN - After 30 years, China has opened her doors to investors. GEOFFREY OWEN reports on this remarkable change in attitude on the part of the Chinese. GEOFFREY OWEN FT FOREIGN companies are to be allowed to return to China as owners or partowners of industrial enterprises.FT - 1,737 words
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Page 6 Advertisements
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Advertisement112 1979-07-17 6 A PENGUIN BESTSELLER *r m THE MALAYAN TRILOGY This famous trilogy wittily dissects the racial and social prejudices of post-war Malay during the chaotic upheaval of Independence. Through a succession of splendidly colourful characters, Anthony Burgess delineates the conflict and confusion arising from the almost enforced mingling of cultures. Time112 words
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Page 6 Miscellaneous
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Miscellaneous1335 1979-07-17 6 Tale with a sting NOW that we are all to computerise aad m m, It might be a good Mea far us to pay etoae attention to Searptw Talea at 11-54 tonight. This te a aew thriller series. The episode tonight la about a compater operator with aa lateraattoaal merchant1,335 words
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Article1168 1979-07-17 7 RICHARD HALLORAN - As a backgrounder to President Carter's new policies, RICHARD HALLORAN traces the themes apparent in his thinking on energy. RICHARD HALLORAN NYT Energy-watchers first became aware of Jimmy Carter in November 1973, when, as Governor of Georgia, he ordered that thermostats be lowered and flights ofNYT - 1,168 words
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Article257 1979-07-17 7 AS WE march onwards to our new industrial society, let it not be forgotten that the human soul will continue to need its imponderables; that no matter how rational and scientific we may become. there must still be room for some irrationality as this little story257 words
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939 1979-07-17 7 KAREN ARENSON - FORUM with KAREN ARENSON NYT WITH the economy veering into a possible recession, many economists both inside and outside government are turning their thoughts to programmes for combating recession. There is talk now of tax cuts to stimulate the economy. At the same time, thereNYT - 939 words
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Page 7 Advertisements
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Advertisement245 1979-07-17 7 A Sojourn in Manila is just one very pleasurable part of the whole. PHILIPPINE AIRLINES. FIRST MANILA. THEN THE WORLD. NOW 11 FLIGHTS WEEKLY. It doesn't matter where you're flying to. Tokyo, Taipei or Hongkong you always have a place to come home to on the way. Manila. On Philippine245 words
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Page 7 Miscellaneous
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Miscellaneous54 1979-07-17 7 BriStdW'rPmnkliictenS GORDON BLOC ooc TGrof^ep k rT£ivn'P«i_ POP£,T£R CMef o UjUPfTS Tue f>np>TTeJ2 "THIS Tipne C 'lijvW OLD DtSH DPiy Pipteß ToC<ey r H STUFFING, p»MoTneR CHRiSTmpiS POCOtNG POiMce Mtis IN UIS Co&& f Me:s FRUSTRATED HC WS sew e*o T c Coc«ft3 He Li*1 TO T(?V OOT BUT ms54 words
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INTERNATIONAL STOCKS
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167 1979-07-17 8 THE TOP money-loser of 1878 was government-owned British Steel Corp, which lost $828.8 million on sales of $5.8 billion, Business Week magazine said in its July 23 Issue. Trailing British Steel was the Swedish shipbuilder Svenska Varv, which lost $583 million on167 words
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Article1296 1979-07-17 8 NYT TOP OFFICERS of the International Telephone and Telegraph Corp don't all agree on the virtues of Rand V. Araskog, who was elevated recently as the company's president and chief executive officer in one of the biggest executive-suite shocks of the year. "Araskog isNYT - 1,296 words
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Article959 1979-07-17 8 NYT "WE picked up the first Xbody car in Detroit, flew it over the next day and after the top brass had driven it for a week or two, we gave it to the R and D people. They tore it apart." Iwao Aritomo, a ToyotaNYT - 959 words
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Page 8 Advertisements
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Advertisement608 1979-07-17 8 Where to wine, dine and entertain Sumjoso Seafood i? o ■> <■# Curbpil <r, ■v hcugt Co*t i 2 (Mrs 4 S>n«w Occ>«anCT SH' X Tom Oecuoinc* S*'iooo T->ot« Occuo*<CY SJ'*3oo Ma» -io s^cnawn Oi«Jr»r jnor '2 KCOnMCM By St'iX Weekday eGv«« *our o' ivand ■CS n»NOKywi«iti S«xtOM Go" CHJC608 words
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BANKING AND FINANCE
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815 1979-07-17 9 NYT NOT ALL the world's smart money ends up in Switzerland. Some of it, lately, has been drifting into Austria. And because of recent changes in Austria's banking laws, Vienna is beginning to challenge Zurich as a safe harbour for the capitalNYT - 815 words
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594 1979-07-17 9 THE financial markets continue to be buffeted by cross currents as US economic policy reaches a crossroads. The second energy squeeze of the Seventies has accentuated existing weaknesses in the economy and in economic policy formulation. Inflation in 1979 has far outrun official forecasts.594 words
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Article58 1979-07-17 9 CHINESE Finance Minister Zhang Jingfu said preparations were being made to open a Bank of China branch in New York but he gave no details. Mr Zhang told a Chase Manhattan Bank luncheon meeting in New York that China has already established contacts with 20 US58 words
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176 1979-07-17 9 SINGAPORE banks should do more to train their staff Instead of regarding the Monetary Authority of Singapore and the Currency Board as convenient sources of trained personnel sack as bank inspectors, foreign exchange traders and bond dealers. Mr Michael Woag Pakshong, the managing176 words
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Article120 1979-07-17 9 A PROMINENT banker here will give a talk on "Money" covering the workings of the money market here during a lunch meeting this Saturday. He is Mr Tjio Kay Loen who is both general manager of the Oversea-Chinese Banking Corporation and chairman of the Association of Banks120 words
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Article58 1979-07-17 9 THE Hongkong and Shanghai Banking Corporation's local branch raised its prime lending rate yesterday from 8 per cent to 8 1 per cent. It also raised its savings rate to 5' u per cent, with one-month fixed deposit at 6 per cent, six-month deposit at 6 i per58 words
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836 1979-07-17 9 NYT THE US Federal Reserve appears to have taken a significant step away from trying to control growth of the nation's money supply, and its strategy may result in more inflation, a weaker dollar and higher interest rates. These conclusions in the creditNYT - 836 words
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Article170 1979-07-17 9 MR Kanegi Nagai, general manager of Mitsubishi Bank Ltd. Singapore branch, having completed his three-year assignment here, will be returning to Japan shortly to assume a new position. His successor is Mr Sadanori Oka da, formerly deputy chief manager of the international division of the Tokyo170 words
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Article243 1979-07-17 9 CHARTERED Merchant Bankers Malaysia (<?MB) has increased local participation in its equity as part of a regional policy to rationalise operations. The merchant bank also announced that the Chartered Bank of London has bought the stake in CMB held by its associate, Arbuthnot Latham. The move follows a243 words
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Article157 1979-07-17 9 TOTAL assets of Bank Negara Malaysia at the close of trading on June 30 fell MJ70.43 million from that reported the previous fortnight, to 59.429.28 million. This was brought about largely by a $53.54 million decline in Federal government securities to $427.46 million. Gold and foreign exchange157 words
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MONEY AND EXCHANGE$
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Article442 1979-07-17 9 TRADING in the US dollar was quiet yesterday morning. The market was at a standstill while awaiting President Carter's speech. Although the dollar moved up initially, market reassessment of the speech caused it to close on a mixed note against major currencies. The volatility of the dollar and442 words
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Article191 1979-07-17 9 Asian rates ASIAN currency deposit interbank rates as at close on July 16: l"S Dollar**Spot) Offer Bid 7 days 10 9/16 10 7/16 1 months 10 10 k 2 months 10 13/16 10 11/16 3 months 10 13/16 1011/16 6 months 1015/16 10 13/16 9 months 10 k 10 12191 words
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Article408 1979-07-17 9 GOLD futures in Singapore yesterday closed generally firmer on local short-cover-ing interest in fairly moderate turnover, dealers said. Trading was erratic after President Carter's energy speech with prices rising during the morning's trading. Trading, however, turned fairly quiet in the afternoon with prices holding steady around its mid-day close.408 words
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Article94 1979-07-17 9 THE US dollar yesterday traded mixed in thin, hesitant late dealings here as operators awaited further details of President Carter's energy package from his announced Kansas City speech, dealers said. Reaction to the US leaders's earlier pronouncement was mixed. Banknote rates quoted on July 16 US 5.11 5.13 UK94 words
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Article207 1979-07-17 9 THE US dollar for overnight delivery yesterday closed at 217.70 yen, up from a 217.60 opening but unchanged from FYiday's close. President Carter's energy speech briefly pushed the rate up to 218.20 but it fell back in afternoon trading, dealers said. Trading was moderate with volume US$64B million. After207 words
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Article213 1979-07-17 9 THE DOLLAR yesterday opened above its Friday closing levels in a cautious, quiet market whicti is continuing to assess the implications of President Carter's speech on energy, dealers said. Reaction to the speech prompted early selling in the Far East, a trend which was reversed later as European markets213 words
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Article21 1979-07-17 9 THE average rale ai which Singapore banks are currently prepared to lend to their best customers is 8.25 per cent.21 words
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Page 9 Advertisements
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Advertisement114 1979-07-17 9 BEST ROUTING TO OCP AND MAJOR USA MARKETS IMon fedfic 9700 ra* network covers OCP and moorUnt USA miitM from inoff mofof w9tt cotit ports thm my brtdg* and mrt hrM— For d«t»lt on rata*. routines schedules ptease kindly contact H BUSINESS TIMES GIVES YOU THE EDGE Every single business114 words
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DEALS DONE ON THE SES AND KLSE
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Article1241 1979-07-17 10 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "sett". Big Board deal1,241 words
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Article180 1979-07-17 10 4 1/2% 1/8/80 (250.000) (99 588 99.865) j 4 3/4% 15/9/80 (250.000) (***** 98.758) 5 3/4% 1/6/78-80 (250.000) (100.758 100.858) 5 1/2% 1/5/79-81 (250.000) (100.358 100 455) 5 3/4% 1/9/79-81 (250.000) (100.58S) 5 1/4% 1/3/81 (250.000) (100 108 100.206) 5% 15/4/81 (250.000) (99 858 99 758) 5% T180 words
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Article90 1979-07-17 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. Co*d Storage (Sept $1.85) (0.258 0.335). Haw Par (Sept $1.20) (0.258 0.325). Hame F90 words
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Article164 1979-07-17 10 S pore Growth Fund lOt 111 SINGAPORE UNIT TBl'ST INCOME BOND UNIT i i tor Jal 17) (CvnM ft lew) 1 11 The Com mm* 199 2.11 Income Bond 116 The Saving Fund 1.31 1.39 S pore Prog Fund 0.S3 98 S pore Sec Fund 1.73 184 MABA164 words
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Article2545 1979-07-17 10 Gr'» Gr'a Net Company Last Div Div Y'ld */E Vol Dav High Low Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 222 -1 15.0 25 6.7 115 2 223 222 190* 123* Alcom 170 -2 10.0 15 5.8 22.6 4 170 1692,545 words
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Article1406 1979-07-17 10 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown In brackets in lots of 1.000 units unless otherwise specified INDIBTRIAL# Arma (MOB 2 SOS) (2.558) AJraa (1.728 1 755) (2) 1.731,406 words
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Article192 1979-07-17 10 WaHdwtde Holdings Bkd: AGM to be held at Room BI, Basement Floor, Bangunan Ingeniur, 60-62, Jalan 52/4, Petaling Jaya, at 11.00 a.m. on July 17. Metal Bex Bbd: AGM to be held at Bangunan MIDF, 195-A, Jalan Pekeliling, Kuala Lumpur at 12 noon on July 19. Hetei Graad192 words
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Article, Illustration677 1979-07-17 10 MOTOR STOCKS time under some selling pressure la i generally qnlet bat very steady Stock Exchaage d Slagapare yestoday. This followed the aaaeaaeemeat darlag the weekead that the Slagapare government will abolish the tariff pretecttoa eajayed by laeal ear assemblers fram Aagast next677 words
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606 1979-07-17 10 PRICES closed slightly higher on the Kuala Lumpur stock market yesterday with the market still very much in a beleaguered state as traders continued to hold out and keep a careful watch from the sidelines. Volumes remained low as most counters merely marked606 words
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COMPANY NEWS
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Article961 1979-07-17 11 MANO SABNANI - By MANO SABNANI LYALL AND EVATT strongly recommends that longer-term investors capitalise on the current market weakness and buy selectively as the market falls. The recommendation is substantiated by a convincing analysis of economic trends in the United States and Malaysia since 1973. Lyali's research analyst,961 words
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567 1979-07-17 11 DRAGON and Phoenix (D and Pi is confident the group's greater diversified and flexible set-up will enable it to sustain a steady growth rate this year. The company barely met its profit forecast last year. Chairman Raja Tan Sri Zainal Raja Suleiman's optimism567 words
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Article, Illustration533 1979-07-17 11 WITH full confidence in its market potential, Carlsberg Brewery Malaysia has embarked on a Ms 7 million expansion programme to increase its production capacity. The expansion programme will include additional tanks for fermentation and storage, a new cooling plant and a newoffice building. It will533 words
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Article398 1979-07-17 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year B Kawan 5% I Jun 11 Jun 21 Jul 21 5% 12.5% C Prop 7.5%(b> Jun 22 Jun 29 Jul 20 7.5% 7.5% Metal Box Bhd 17% Jun 19 Jun 29 Jul398 words
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Article94 1979-07-17 11 Company Particulars Ex Date Books Close Yeo Hiap Seng Bonus Issue of 1 for 3 Rights Issue of 1 for 3 *i $2.25 per share Jul 24 Jul 31 Spore Glass Bonus Issue of 1 for S Jul 26 Aug 2 B Serab Bonus Issue of 3 for94 words
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373 1979-07-17 11 DESPITE keen competition and rising production and raw material costs due to Opec's recent oil price increase, J and P Coats is confident that it will turn in better results for the current year ending Dec 31, 1979. Chairman, Graham Watt's optimism373 words
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Article101 1979-07-17 11 LAURENCE, Prust is closing its office in Kuala Lumpur on Sept 30 but will continue to deal in the Malaysian and Singapore markets to service its regional clients. The stockbroking firm said when it opened office here in April 1974, it was on the101 words
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Article641 1979-07-17 11 THE CURRENT year looks like a mixed one for the well-diversified East Asiatic Company (Malaysia) group and growth should be gradual at best This is the picture contained in the annual statement read by group chairman, Mr M Pagh. On the brighter side of the641 words
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Article212 1979-07-17 11 HOTELS has announced an unaudited group's operating profit of $930,807 ($1.35 million) for the half year ended March 31, 1979. Turnover for the period was $3.86 million ($4.15 million). THE KLSE queried Negri Sembilaa OU Palms (NSOP) and Jataa Tto Dredging on their recent announcements of bonus and rights212 words
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Article311 1979-07-17 11 Letter to the Editor Sir, I AM one of those investors who applied for Guthrie Berhad shares at $2.50 and held them loyally through some pretty bad times, including two years when they paid token dividends of one cent per share after the company sustained losses. Now that311 words
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Article, Illustration422 1979-07-17 11 mama by HOCK LOCK SIEW EXPERIENCED punters who have survived the boom-and-bost stockmarket cycles often say that the price movement of a sUek is the best indicator of internal developments in a company. And how right they often are. While the general marketby HOCK LOCK SIEW - 422 words
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Page 11 Advertisements
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Advertisement98 1979-07-17 11 5 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 in Singapore's98 words
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Article, Illustration295 1979-07-17 12 NTUC WELCOME may computerise its import, wholesale and fair price shop operations soon. It will also set up a special unit to look into the security of its cooperatives. This was disclosed by Mr Baey Lian Peck, chairman and chief executive of295 words
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413 1979-07-17 12 Reuter JAPAN had a customs clearance trade surplus of U*****.64 million (Sss9o million) last month, compared with a revised $784.57 million deficit in May and a $2.35 billion surplus last June, the Finance Ministry said. FOB exports were up 6.8 per cent to $8.66Reuter - 413 words
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Article48 1979-07-17 12 AFP CONSTRUCTION of the US$3l3-million (5J676 million) Asean fertiliser plant in Acheh, northern Sumatra, will start early next year, said the directorgeneral of Indonesia's Basic Chemical Industry. The Indonesian government is now preparing the site for the project by buying land from the local people. AFPAFP - 48 words
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Article, Illustration212 1979-07-17 12 UNITED OVERSEAS LAND (UOL) has exercised its option to pare base he Odean Katong cinema in East Coast Road for a boat $3 million. This works oat to a beat $828 per sq metre for the 3,622-sqaare metre site which was owned by Cathay Theatres, a212 words
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540 1979-07-17 12 PRIVATE development of hotels in Orchard and Scotts Road area is likely to become increasingly difficult in the future. It is believed that planning authorities now discourage further hotel development in that area, giving priority instead to those planned for the city540 words
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Article, Illustration635 1979-07-17 12 MALAYSIA will table a proposal "well-founded on humanitarian principles" that is likely to be accepted by the free world countries at this week's UN conference on the Indochinese refugees beginning in Geneva on Friday. The Malaysian Home Minister, Tan Sri Ghazali Shafei, said just635 words
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Article224 1979-07-17 12 AFP FORMER Indian Deputy Prime Minister Charan Singh has emerged a strong contender to replace Mr Morarji Desai as Prime Minister of India. He has the backing of about 100 Janata rebels. Mr. Singh, 77, called on President Sanjiva Reddy yesterday morning to stake his claim forAFP - 224 words
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Article130 1979-07-17 12 DEUTSCHE Bank (Asia Credit), as lead manager of an international banking consortium, has signed a DMIOO million (***** million) medium-term loan agreement with the Electricity Generating Authority of Thailand (Egat). Egat was represented at the signing last Tuesday in Frankfurt by its deputy general manager, Mr130 words
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500 1979-07-17 12 NYT PRESIDENT Carter's sixpoint package of energy programmes, designed to save 4.5 million barrels of oil by 1990, brought an immediate reaction which differed sharply and broke down along political lines. Delivering his delayed nationally televised address on the energy crisis, the President announcedNYT - 500 words
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176 1979-07-17 12 Reuter PRESIDENT Carter's energy speech brought a cautious reaction from economists and oil analysts, but in Washington, immediate congressional reaction was generally favourable. The economists found his announcement of oil import quotas surprising, and the one area likely to have a positive impact on creditReuter - 176 words
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Article800 1979-07-17 12 LONDON, Mon. Share prices closed quietly firmer prior to the UK trade figures, dealers said. Industrial leaders showed gains ranging to 6p although PYE H*Mlmgs rose 47p to 167 following news that Philips is to acquire the 39 per cent stake in PYE it does not already own.800 words
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Page 12 Advertisements
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Advertisement6 1979-07-17 12 cFjaufe dfcasaralr (mat yh<\\iyi\r>i Tel: *****56 words
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Advertisement280 1979-07-17 12 from Penguins m 9 mm i 0 N fe ?FMf Dear Me: fefer 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 Ernest280 words
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Page 12 Miscellaneous
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Miscellaneous60 1979-07-17 12 IWE&TfIERI Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair. Report for 24 hours prior to 7.31 p.m. on July 16 at the airport. Maximum temperature .30.7 Associated humidity 72 Minimum temperature 24.9 Associated humidity 92 Hours of sunshine 8.50 Rainfall in millimetres 5.0 Total rainfall for60 words
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SHIPPING TIMES
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PORTSIDES
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Article118 1979-07-17 13 Reuter LONG-TERM prospects for the shipping market are less depressing than prospects of an imminent recession indicate, London shipbroker Eggar Forrester says in its latest sale and purchase market report. It says that if the recession materialises later this year or early in 1980, the shipping industry willReuter - 118 words
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Article79 1979-07-17 13 Reuter MITSUI Bank Ltd said it is leading a consortium of eight Japanese commercial banks, negotiating to supply Galleon Shipping Corp of the Philippines with a US$32 million (5570.4 million) syndicated loan to buy two freighters from Japan. Mitsui Bank, however, declined to comment on aReuter - 79 words
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Article75 1979-07-17 13 AFP AN Indian cargo ship "Nanda Devi" on its way to Basra (Iraq) from Bhawana Island in Kutch (India) sank on Sunday, about ten miles off Karachi port, the local agent of the ship said. A fishing trawler rescued the 29 members of the crew who were broughtAFP - 75 words
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516 1979-07-17 13 GOH ENG KEE - By GOH ENG KEE AN INDEPENDENT shipping line, Granard Line, is planning to place two additional ships on its service between the Far East and the Mediterranean by the end of this year. This will enable the Hongkong-owned line to offer two516 words
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Article, Illustration64 1979-07-17 13 THE 26,551 dwt C'asuarina (above), owned and operated by Det Ostasiatiske Kompagni (East-Asiatic Company), of Copenhagen, discharged a record cargo of Far East timber at the Port of Bristol earlier this month. The cargo of 7,961 tonnes of timber and 2,769 tonnes of plywood is the largest64 words
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3081 1979-07-17 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 Fort3,081 words
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Article497 1979-07-17 17 Shipping line ACS Afea Agonave Alpac Angkutan ANL APL Arya Nat ASCL Aust Cont P»ge n IV V IV V I m n m IV CM 5 3 4 5 3 1 2 5 5 5 Bank BBS Ben Asia Ben Ben Ocean Blue Funnel n n m m497 words
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Article1029 1979-07-17 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 the1,029 words
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Article, Illustration1486 1979-07-17 18 MR HANS JAKOB KRUSE - MR HANS JAKOB KRUSE, chairman of West Germany's largest shipping line, Hapag-Lloyd, and newly appointed chairman-designate of the Far Eastern Freight Conference, delivered a speech on "The future of the liner industry" at the Shipping 2000 Conference in London last month. Today,1,486 words
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278 1979-07-17 18 Reuter THE INTERNATIONAL AiHittw of Independent Tanker Owaers (latertaake) has uM that 141S tuken totalling M million Mhnlgkt tow kive been ■crapped riaet the shlppiig crisis stalled la lfM aad the fleet la still fall- These flgares are aa ladlcatlsa sf hew remarkably wellReuter - 278 words
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Article, Illustration351 1979-07-17 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Aeolian Sky (1600) 3/4 Centaur (1400 after Chidambaram) 1/2 Chuwa Maru (ro/ro) (0600) 47 Dong Yun (after Anchan) 8/9 Dove (tanker) (after Rezekne) 15/16 Golden Globe (0600) 19 Kim Ann (1200, tide) 29/ 20 LAertes (0700) (after RLshi Atri and Anchan sails)351 words
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Page 13 Advertisements
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Advertisement563 1979-07-17 13 DSRLINES_^— EUROPE/FAR EAST SERVICE See Page IV Column 3 for Sailings Agents SINGAPORE SHIPPING AGENCIES PTE LTD MARKETING *****2 GENERAL *****1 W Msu EURO ASIA LINE SON BHD KL *****7. P KLANG *****1/3 PENENG *****/2 <sp> J AR DINT AM AH f AMCATOR 12* ORtNTAL CHIT IMC S SEAS BR»€f563 words
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Advertisement193 1979-07-17 13 SEALORD ANTAH 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 BN Al ROOM 19 7 IB* ALABBAR 21 7 IBM BASS AM 14 RED SEA DIRECT SERVICE Vessel S193 words
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Advertisement292 1979-07-17 13 NOL NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES. FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE 0 CHtf s bo't Ccvng T.*>ts fa Cargo LCI Op CONTMKRS EEEDEKD TO f»OM F STOWt Alsc Kcte',.lB -I'KC to Iron Scanftnaxa FROM EUROPE (VU SUEZ) 9 A*| 10 Aug 22 Aug 2? »u£ 24 Aug 29 Aug292 words
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Advertisement853 1979-07-17 13 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. Hi r k MAERSK LINE lEZB For U S Ppcitic Picdic North West Gulf 1 Atlantic E«sJ Cauda and Meiico (Also accepting tor Hongkong Taiwan Japan and Korea i FUUT CORTAMEHZED FAST Mother Vessel ARID MAERSK*853 words
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Page 14 Advertisements
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Advertisement905 1979-07-17 14 FULLY COHTAMERISED TO EUROPt Beiulder Hambw| Eipress Bremen Eipress Benaton Tokyo Biy Cardigan by lokio Eipress Rhne Mjnj Kasu{a Maru Osaka Bay Benalder HamtK*( Eipress EXPRESS CONVENTIONAL TO EUROPE MoseMewi 19 7 21 7 Refenstev Peter RS 118 13 8 PKeLanf Ten B»ao Genoa K'bur| Bremen Rdam Antwerp 21 7905 words
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Advertisement447 1979-07-17 14 barber blue sea Barter Hue Sea VVII Ww From: US ATLANTIC US GULF I EAST CANADA Bartow Tail SINGAPORE P Keljot lot Anjeies Cmtotoal W Sa«anan New Tort (BBS) I (EAC) (UC) k i?«fSS AftAplA* MkH>kH POUTS I SEMI com AMR SERVICE (IfAW-LfT CAMCITY 200 TONS) To: DUBAI. DAJ4MAM. KUWAIT447 words
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Advertisement579 1979-07-17 14 (5) EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ACCEPTING CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP IE HAVRE AISO ACCEPTHG CARGO FOR UNITED KINGDOM SOUTHAMPTON LONDON MANCHESTER BIRMMGHAM BRISTOL LIVERPOOL GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM S'awe HaafefC lAilm RottwiLam Antwerp It Hawe E.er Victor, 17 M 7579 words
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Advertisement1035 1979-07-17 14 I Everett Lines! 1 Burma Five Star Shipping Corpn. SBk "BURMESE NATIONAL LINE" fA X LOADING FOR RANGOON Wa Seaport 21/30 My B F SS C Agents m Malaysia TEPS MALAYSIA Port Krlong T«4 (381-7355 Penong Te< *****/***** m Compania Argentina Da S Navagacion Intercontinental S. A. C.I. F. V1,035 words
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Advertisement636 1979-07-17 14 mO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103. 21ST FLOOR MARINA HOUSE SHENTON WAY MISTRI ROAD. SINGAPORE 2 TEL *****44 7& *****70 SANKYO LINE AUSTRALIA SERVICE P Kelang Singapore Loaifing tor: TUE RIVER 24/26 My 21/23 My FREM. ADEL. MEL YUE MM 27/29 Ju»y 30/31 My BRB. SYD MAY636 words
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Page 15 Advertisements
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Advertisement1034 1979-07-17 15 Overseas I I Containers Limited Weekly service to/from UK/Europe To UK/Continent S'pm BenaMet It M Hamtaai Eipress X M Bremen Espress 3 Aut Benavon 4 Au( Tokyo Bay 12 Aul Cardigan Bay 21 Aut Tofcio Express 28 hit Mm Mini Im| a Maru 5 Sep Osaka Bit U Sep HW|1,034 words
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Advertisement1046 1979-07-17 15 granard z//vf RELIABLE DEPENDABLE NON-CONFERENCE EXPRESS SERVICE WEST BOUND-FAR EAST/MEDITERRANEAN Spare P Kelanj Penan* luring Iw: HI MAN KM Ml* MAi* P Sa«l/Ale.an(lr.a Bewut Lattakia/ Piieaus M V KNONG FUNC V 30* 31 Auf leddahPSa.il Betiul lattakia All VESSCLS ACCEPT* CONTAKR CARGO EAST BOUND-MEDITERRANEAN/FAR EAST M.V MAN TAI VITS. 231,046 words
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Advertisement635 1979-07-17 15 FTC* BEN LINE CONTAINERS EXPRESS CONT/UNER SERVICE TO/FROM EUROPE WITH LIBERTY TO CALL AT WO SEA PORTS S PORE *****4 K LUMPUR *****4 PKEIANG 6521 PENANG ***** BEN ASIA CONTAINER SERVICE BULK SERVICE FOR TIMBER AND PLYWOOD TABOKO 22/24 Aug Sampd 25 27 Aug I Cafe Samprt 29 1 Aug635 words
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Advertisement713 1979-07-17 15 Scan Dutch 9 WEEKLY EXPRE 1) Gburg 2) Hburg 3) lon 4) Ida* S) Lett MseMeslP A"** Spo Acceplaig Inn: 1) Matno SlocAhaMv (Wo Hthrtu 2) Cape«Pia|en Aartws 3) Bremen 4) Antwerp Amsterdam. W Barcetou Genoa Bide Bordeaui «ll IB »etse* acceptong Fa/Fa eitenneAate cargo to HongAong I lapan CONVENTIONAL713 words
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Advertisement836 1979-07-17 15 r BOUSTEAD AGENCIES THE BANK LINE LTD. LOADS FOR E. S. AFRICA FUCDOMN Reunion Maiungi Durban Ctomm Pt. 14*) KATEMNA DRACOPOU.OS i Reunion Durban Clown PI flu. t London) Spore ?8/31 Aug P Aelang 1/? Sep S pore 27 30 Sep P Kelang I Oct LYKES ORIENT LINE U.S. GULF836 words
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Page 16 Advertisements
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Advertisement963 1979-07-17 16 K LINE KAWASAKI KISEN KAISHA. LTD. TO EUROPE P Kelang L Havre R dam Bremen Awerp 10 Aug 1? Aug 15 Aug 17 Aug 20 Aug 23 Aug 27 Aug 29 Aug (acceptoig carpn to Scantfnana na Hamfcvg) FROM EUROPE TO FAR EAST •IHawe P Kelang Spore H Kong Osaka963 words
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Advertisement825 1979-07-17 16 U.S.A./EAST CANADA SERVICE Penan Belawan P KfUng Singapoif E.C./GREAT LAKES SERVICE tOMMG r«: KW TOM. MMOU. ttMflMI IOMNIO Penan Belaoan P Aeiang Singapoie VBH* TET (Call Cheap) 4/5 An 2/3 M| 30 Mr/1 An VBHVADHARMA 30/31 fa, 20/20 An 25/27 An CALIFORNIA/PACIFIC NORTH WEST SERVICE !«*X to: (OS MfflES. UN825 words
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Advertisement670 1979-07-17 16 S/\(;r«»up SINGAPORE SHIPPING AGENCIES PTE LTD 20tm floor ocean building Singapore i MARKETING 9' 1122 (3 UNES! GENERAL 91J111 (14 LINESI TELEX RS 2459S RS 2SS6B A B CARSMIP C ABLE CARGOSMIP SINGAPORE ISLANDS USE MIDDI.t h AST RK.L'LAR USER A SAFE WAV TO SHIP 0V SSA v#r Sp»t BRAN670 words
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Advertisement930 1979-07-17 16 MALAYSIAN INTfRNATIONAL SHIPPING CORPORATION BIPHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK /CONTINENT/ SC ANDIN A VIA 1) Bircrtoiu Genoa 2) Amsterdam Antwerp L Hawe Bilbao Basle UK. 3) Bremen Bremenhaven Aarims Copenhagen Helsinki 4) Malmo Stockholm Oslo •Accepting lufoft carfo lo< feeder >ia S pore EAST BOW): 1) C burg930 words
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Advertisement798 1979-07-17 16 INTRASEA (PTE) LTD. Faber House 234E Orchard Road. Singapore 9 Telephone *****1 M *****57 3J] o Di REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'pore P Kelang Penang Loading for: RATNAMANORAMA W842 Saied II U Avon (UK)/Boulogne EVMAR W845 22 hd 24 hd Boulogne, Rdm Avon(UK) Agents: Singapore MTRASEA (PTE)798 words
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Page 17 Advertisements
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Advertisement177 1979-07-17 17 CELTIC BULK CARRIERS Regular Bulk Service For Timber Plywood General Agents Marathon United Aftncy Pte Ltd Spore Tel: *****66 (3 fries) SubAgwts Mantest Semen S4» Bhd K.L Id. 4SOS7S P Kelang T* 3M103 r —7^ CIDECO PTE LTD (SHIPPING DIVISION] SUITE 3602 HONG LEONG BIDG SINGAPORE 0104 Who*? owned vjbwkif»177 words
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Advertisement177 1979-07-17 17 £in*A i£td PERSIAN GULF SERVICE eta no Coaong for EASTER* EXPRESS 9IN 22 M 23 M M»ca»/l*bai/Ab«i Hub/ Bahraai/Kima* EAST-BOUND DtSCHMOWG ONLY ETA ETD HAWKES BAY V.WE 23 M 24 M RANGOON/CWTTA6ONG/CHAINA SEKWCt MV FIVE tSIAWS ki Pari TBC CONT/UNER SERVICE TO AUSTRJUIA ETA ETD LOAOW FOR: M.V SUN EMERALD177 words
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Advertisement197 1979-07-17 17 W\ r.i powsahaah klayaraii +J ANGKUTAN PERTAMBANGAN m. our »wrott/i«wt» comim Ftno »wct authorised by •OONESM GOVOWMDn WITH FULL CONTMO VESSELS EACH CARRYPC 112 SMGAPOftE 10MNN6F0I 31/7 «U In ftri KT ALSO ACCEPTHG CARGO FOR WDONESIA GOVERNMENT PROJECT AND HEAVY MACHKERfS TAKAM M 27/7 *T TAMBANC m *T GENERAL AGENTS197 words
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Advertisement74 1979-07-17 17 PEKANBARU SHIPPING (PTE) LTD Units 6-314/315. 6th Floor. Merlin Ptua Beach Road Singapore 0719 let *****17. *****19 vnsd NV PMn Haw* M.V Kuata Siak MV PutnMate (H (TO Destination »Mr KM| Prtanban Duma, iambi 23 My 27 Mr Dumai/Pekanbaru 26 Mr 31 My Dumai/Pefcanbaru Trucontainer Express Int'l (S) Pte Ltd74 words
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Advertisement395 1979-07-17 17 NOTICES M.V. GI LF PROSPERITY vov. trm arrived 7.1.H At SEMBAWANG Part G*d*wa 293 General survey on damaged cargo discharged ex the above vessel will be held on Thursday 19th July 1979, as from 9 00 a m to 12.00 noon No further survey will be held after this date395 words
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Page 18 Advertisements
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Advertisement166 1979-07-17 18 NOTICES JASCOL The- member lines of the JASCOL consortium, whose names appear below, have to announce that owing to the increased cost of bunkers, a Bunker Surcharge of 157 c will be imposed on Ist. August, 1979, on all shipments from the ports in Malaysia and Singapore to the ports166 words
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