The Business Times, 25 July 1979

Microfilm: NL10250
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 14C/1/7S WEDNESDAY, JULY 25,1979 50 CENTS
    10 words
  • BRIEFLY...
    • Article
      $ fall stemmed
      67 1 fall stemmed THE steep fall of the US dollar in major Asian currency centres yesterday was offset during the latter part of the day by massive intervention by American bank branches in Singapore on behalf of the New York Federal Reserve Bank, dealers said. The volume of dollar purchases rose
      67 words
    • Article
      Minister coming
      46 1 THE Deputy Minister of Foreign Affairs from the German Democratic Republic, Dr Klaus Willerding, will arrive this evening on a one-day official visit to Singapore. Dr Wilier ding will call on the Senior Minister of State for Foreign Affairs, A Rahim Ishak, tomorrow morning.
      46 words
    • Article
      Lock icon HK interest
      75 1 AFP KUALA LUMPUR, Tues. Malaysian Deputy Prime Minister Datuk Seri Dr Mahathir Mohamad said today that several Hongkong businessmen had shown interest in investing in light industries in Malaysia. Speaking on his return here from Hongkong where he led a Malaysian investment promotion mission, he added that the
      AFP  -  75 words
    • Article
      Lock icon Space age China
      72 1 UPI HONGKONG, Tues.— China may be on the verge of becoming the third nation to launch a manned satellite into orbit with its development of a new pair of guided missiles,Ta Kung Pao newspaper said Tuesday. The leftwing newspaper said the country has made eight successful launchings
      UPI  -  72 words
    • Article
      Lock icon Capital yes, control no
      92 1 AFP HONGKONG, Tues. China may permit foreign investors to put up 100 per cent of the capital for a joint venture, but it will never accept foreign control over any industry on its soil, a leading Hongkong trade promoter said today. James McGregor, director of the
      AFP  -  92 words
    • Article
      Lock icon Poles apart
      70 1 Reuter GENEVA, Tues. European and developing countries have failed to agree on new rules for restricting disruptive imports, thus depriving a new world trade pact of a major component, delegate sources said today. Olivier Long, director-general of the General Agreement on Tariffs and Trade (Gatt), which sponsored the
      Reuter  -  70 words
    • Article
      Lock icon Dow Jones
      61 1 UPI NEW YORK, Tues. The stock market struggled slightly higher early today in moderate trading. The Dow Jones industrial average, which lost 2.56 points on Monday, was ahead 0.94 point to 826.44 in early morning trading. Advances led declines, 494 to 457, among the 1,466 issues crossing the
      UPI  -  61 words
  • Article
    Chief Price Changes
    121 1 Rises Indices Kramat 420 30 Jul 23 Jul 24 Shangri-La 850 10 B.T. Index: 2260.19 2259.06 Housteadco Tasek Cement DBS 196 346 510 8 6 5 Industrials: Finance: 384.30 383.66 694.47 693.03 Kemayan 277 5 Hotels: 280.31 280.80 Glenealy 225 5 Properties: 245.82 245.82 lnchcape 187 5
    121 words
  • Article, Illustration
    KUALA LUMPUR
    143 1 Inch KK M U Ind Kramat Sg Besi Rises 690 260 418 1120 Falls -90 24 22 10 Indices Jul 23 Jul 24 B.T.Index: 3268.77 3243.95 Industrials: 410.66 410.33 Finance: 617.06 615.89 Hotels: 254.54 254.46 Properties: 238.13 237.50 Tins: 205.50 206 06 rubbers: 777.37 773.60 A hitam (r)
    143 words
  • Article, Illustration
    Faster pace for Golden Shoe
    745 1  -  MANY UNDEVELOPED PLOTS By TEO TECK WENG TIME may be fast running out for owners of properties within the Golden Shoe area. The Government is understood to be reviewing the entire concept of the Golden Shoe, in which property owners were encouraged to redevelop their
    745 words
  • Article
    NEW GOLD HIGH
    182 1 THE GOLD price surged by more than US$3 (5J6.60) yesterday to touch a new record of $307.20 an ounce on very strong European buying. The bullish tone started early in the day with Hongkong's opening of more than US$3O5 which very quickly rose by a dollar during
    182 words
  • Article
    Asean calls for political stance
    389 1  -  By FOO CHOY PENG ASEAN countries have publicly agreed that there should be a meeting to discuss the political aspects of the refugee issue, especially when it affects the so-called "land people" which is a big problem for Thailand. The meeting may either be convened
    389 words
  • Article
    Shangri-La profits leap
    221 1 SHANGRI-LA Hotel yesterday announced a hefty increase of 94 per cent in pre-tax profit for the six months ended June 30, 1979. The unaudited pre-tax profit was $10 million as against $5.16 million for the corresponding period last year. The hotel attributes the excellent improvement to the
    221 words
  • Article
    General Electric goes one better on NWC proposal
    258 1 GENERAL Eleetrlc (USA) Aria win ke the first Mg —pf here to graat a wage htrww to employees thai t* higher than that reeommeaded by the Nattoaal Wages Ceaaell. The America* maltl-aa-ttoaal will riga a aew wage agreemeat with Slagapere ladutrtai Labour
    258 words
  • Article
    Govt's plan for diesel supply on Sundays
    504 1  -  By JOHN LIM THE Government will urge petrol stations to take turns to stay open for business on Sundays. This proposal will be made to the Federation of Singapore Petrol Dealers Association at a meeting with the Department of Trade today. Yesterday evening,
    504 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      29 1 whatever you need in menswear,get it at... Mmrn MOHAN'S DEPT. STORE (PTE.) LTD. 321, Orchard Road "W *****22 (next to Mandarin Hotel) Branch: tOl.TanglmShopping Centre let *****49 Daily 9am-9pm
      29 words
    • Advertisement
      Page 1 Advertisements Column 2
      56 1 FRATA Mmmm FRATA NEWS Q. What is cheaper than Airbutfaster than Water. A. SKYSHIP. lAS—SKYSHIP London offer Transit Singapore/ European Airport 14 days By Combined Sea and Air Transportation At Competitive Rates For Further Details Ask your Airfreight Forwarder FRATA SHIPPING PTE. LTD. Suite 801,8 th Floor, World Trade Centre,
      56 words
    • Advertisement
      Page 1 Advertisements Column 3
      64 1 SHIPPING TIMES BIG increase In JTC surplus 2 response 9 HUSSEIN rales sat change in STOCK market repsrt 19 refugee pslicy 3 TAXI speratsrs seek (are inSAUDI Arabia's dangerous bal- crea5e....................................... 12 anclng act 7 NEW chairman at Malayan HONG Leeng scheme gets gesd Credit?..................................... 12 MEMOPAD I, FLIGHTS i,
      64 words
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      Page 1 Advertisements Column 4
      0 1 *?;{{&\'@~>,]^%""{@+&`|['}]`*`$
      0 words
    • Advertisement
      Page 1 Advertisements Column 5
      187 1 FOR PEOPLE WHO MATTER Push the button and run. With the Copia 1600 there's no originals and to temporarily interrupt a warm-up time: switch on and copy, programmed cycle to allow other originals Clean, crisp copies with all the to be copied. And a paper feed cassette varying degrees of
      187 words
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  • TRADE AND INDUSTRY
    • Article
      Big increase in JTC surplus
      576 2  -  OTHER GAINS TOO By FOO CHOY PENG IT HAD been a good year for Jurong Town Corporation (JTC), its net operating surplus for the year ended March 31, 1979 increasing some 12-fold to $27.2 million from $2.2 million the year before. Mr Teh Cheang Wan,
      576 words
    • Article
      From white to blue
      402 2  -  By RUTH CHENG A GROUP of white-collar workers who wish to improve their job prospects by taking up blue-collar courses are attending two special programmes started by the and Industrial Training Board i VTTB). The programmes started early this month with 64 white-collar workers attending a
      402 words
    • Article, Illustration
      Traub intensifies sales programme
      373 2  -  By LEE YOKE MENG TRAUB, an automatic lathe manufacturer will soon be intensify its marketing programme over the next few months. This includes participating in the Machine Asia '79 exhibition, scheduled for October 15 to 19. The company, which began operations in Jurong only 18 months
      373 words
    • Article
      HELLO, PHILATELISTS
      54 2 A SET of 4 postage stamps will be on sale on National Day, Ang 5, to commemorate the Telecoms' 1M years of telephone service in the Republic. The lt-cent, 35-cent, s#-cent and 75-cent stamps will be on sale at all post offices. Presentation packs will also be on
      54 words
    • Article
      MEMO PAD
      447 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 to
      447 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      52 2 A" Tips From Nights At The Turntable $3.00 a copy. d 1.00 a copy. Authentic 5000 System To be given away to readers of The Craft of Sound memm* kA > Further details, pick up a copy or call Irene at *****91 for subscription. *.t,-. c I 53 kcfli A
      52 words
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  • REGIONAL
    • Article
      Lock icon JOINT VENTURES LAW AMENDMENT
      624 3 UPI Reuter CHINA'S new joint venture law is a set of principles to run business and needs to be expanded and developed, Beijing trade officials have told Hongkong businessmen. MPLangley, who headed a Hongkong General Chamber of Commerce mission to Beijing, said at a news conference
      UPI; Reuter  -  624 words
    • Article
      Lock icon Plasticised rubber research first
      111 3 Reuter SCIENTIFIC research has achieved a breakthrough with the production of a truly thermoplastic rubber. Disclosing this Mr Leonard Mullions, director of research of the Malaysian Rubber Producers Research Association (MRPRA) says in the annual report that the thermoplastic polymer has been created by the chemical
      Reuter  -  111 words
    • Article, Illustration
      Lock icon CHINESE MISSILE TEST
      27 3 AP Ground-to-air missiles being fired daring a practice at a missile base in China. Photo distributed by the Hsinhna News Agency in Hongkong. AP
      AP  -  27 words
    • Article
      India may agree to palm oil pact
      300 3 INDIA may sign another agreement with Malaysia for the long-term purchase of Malaysian palm oil. Disclosing this, India's High Commissioner in Malaysia. S J S Chhatwal, said yesterday, that the agreement between the Indian State Trading Corporation and the Federal Land Development Authority
      300 words
    • Article
      National Front to set up executive panel
      385 3 THE Malaysian National Front Supreme Council has approved the formation of an executive committee to decide on important matters, particularly those related to politics. Prime Minister and Front chairman, Datuk Hussein Onn, said after the council's meeting in Kuala Lumpur that the committee
      385 words
    • Article
      Speeding up mail run
      204 3 THE Malaysian Postal Department has been directed to study the possibility of using the services of Sabah Air to improve mail delivery in Sabah. Disclosing this, the Minister of Energy, Telecoms and Posts, Mr Leo Moggie, said other ways of improving the service in Sabah and
      204 words
    • Article, Illustration
      Lock icon Malaysia's policy stays
      232 3 Reuter MALAYSIA ha# ruled Mt aay change In Its hardline policy of denying entry to Vietnamese "boat people" and towing oat those who slip Into the country. Malaysian Prime Minister Datuk Hossein Oun said the government will continue to bar the entry of newcomers aad send back
      Reuter  -  232 words
    • Article, Illustration
      Lock icon Tamil party throws in lot with Desai
      781 3 Reuter A REGIONAL political group in India on Monday threw in its support with caretaker Prime Minister Morarji Desai in his battle to gain majority support in parliament and form a new government. The All-India Anna Dravida Munetra Kazgam (AIADMK), with 18 Members
      Reuter; UPI photo  -  781 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      106 3 KEEP UP WITH YOUR MANAGING DIRECTOR Subscribe today and save more than 20% off the newsstand price.... Just complete the coupon below and mail it, together with payment, to: Times Publishing Bhd. AW SJ Subscription Dept. Times House River Valley Road Singapore 0923 v V V JAKARTA BUSINESSMEN SPECIAL Sssl6*
      106 words
    • Advertisement
      Page 3 Advertisements Column 2
      58 3 cam p/iff s iT m. 7 A I L tP v jr J r *<'I Ui.vf !MPO» Tf Vof beverage (Plr, Malays'*' 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
      58 words
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  • RAW MATERIALS
    • Article
      Lock icon KL says tin price range still low
      235 4 Reuter THE MALAYSIAN Tin mining industry, while generally welcoming the rise in the tin buffer stock price range, has said that the new levels are still unrealistically low. All Chinese Mining Association secretary Chan Kok Leong said the new MJ1.500 floor price is
      Reuter  -  235 words
    • Article
      Lock icon Malaysia's crude palm oil output down in April
      315 4 Reuter CRUDE palm oil output of Peninsular Malaysia fell to 150.497 tonnes in April from 158,235 tonnes in March, but was higher compared to 116,188 tonnes in April 197g. Preliminary figures from the Malaysian Statistics Department show that production for the first
      Reuter  -  315 words
    • Article
      RUBBER
      221 4 THE Singapore rubber market yesterday closed slightly lower with August One RSS buyers quoted at 293.25 cents per kilo, down 2.50 cents from Monday's cclose, dealers said. Morning prices were marked down about 1.50 cents on profit-taking, lack of buying support and predominant selling, they said. Afternoon values were
      221 words
    • Article
      RAS PRICES
      409 4 R.A.S. prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S prompt f o b 297.50 298 50N 296.50 296.50N Int. 1 R.S.S August 296 00 296.50 293 25 283 75 Int. 1 R.S.S. September 293 50 294.00 292.25
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    • Article
      SSR and SMR
      128 4 NOON SSR UK 1 SMR pncc yterday HAS <C. Aafail Setuaktr irreat Mtk) (For »ard Mtk I SSR 20 Bayert Sailer* Barer* Sailer* <1-1 u» pallet! 281 OON 28.3 00 N 281 00 283. OON SSR 50 (1 ton pallet i rs-oo 280 00N 278.00 280 OON
      128 words
    • Article
      Straits tin
      73 4 THE STRAITS tta price In Penag yesterday riM anchaaged at Msl,» a fieri. The market steadied after Maaday's sharp fall, •a limited baylag tram all saarees, with slightly mare demand tram the US, dealers said. Lawer tin are sapply by miners alsa aided seatlmeat despite the eaattaaed weakness
      73 words
    • Article
      Closing prices
      30 4 Rubber July 24 Singapore: August: 293.25 cents (down 2.50 cents) Malaysia: August: 293.75 cents (down 2.50 cents) Tin: M 51,930 (unchanged) Official offering: 194 tonnes (down 70 tonnes)
      30 words
    • Article
      Hongkong Comex
      197 4 THE SUGAR futures market yesterday closed easier in continued quiet trading with no trades done as on Monday, dealers said. September closed at 8.35 40 US cents against Monday's 8.80 85 close, October at 8.65/70 against 9.10/15 and July at 10.35/40 against 10.65 70 cents. Sugar futures closing
      197 words
    • Article
      Produce exchange
      369 4 ALL GRADES of coffee beans were marked down on an otherwise dull and featureless Singapore produce yesterday. Dealers here said that the overnight trend in London and New York was decidedly easier following reports that the expected frost following the recent cold weather proved to be a false
      369 words
    • Article
      Soybean
      159 4 CHICAGO soybean futures on Monday closed down 28 US cents a bushel to the 30cent limit in two deferred contracts. Traders said losses followed patterns in other Chicago Board of Trade pits, with heavy local and commission-house selling overcoming commercial buying. Despite strong export demand. forecasts calling for rain
      159 words
    • Article
      Wheat
      166 4 WHEAT futures on the Chicago Board of Trade on Monday fell 1' to 16 US cents a bushel, featuring heavy late trading during which some contracts fell the 20-cent limit. Early strength in wheat was eroded by plummeting prices in other CBT pits. Traders said heavy commercial buying was
      166 words
    • Article
      Rice
      335 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per oent tint class (Kangaroo) new crop O.K. 100 per cent second class O.K. 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.
      335 words
    • Article
      Textiles
      198 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) C*ttN yan: China Blue Phoenix 20s 2.270 32s 2.810 40s 3.025 (per bale o( 400 lbs). Piece gn*«: China Butterfly and Globe brand unq. Dragon Head unq; Five Lambs unq. Flower and Butterfly
      198 words
    • Article
      LONDON MARKETS
      572 4 COFFEE: Robusta futures continued to decline and closed the opening call yesterday barely steady down £46 to £36 per tonne. Turnover was 1,465 lots. Mixed selling took prices down to session lows before commission house buying emerged to hold the decline in check. At one stage September traded
      572 words
    • Article
      Palm oil
      67 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Mon Previou* Malaysian SHffa bulk per tonne September unch 684sIr Sumatra 5% ffa bulk July TOOslr 702' ;Slr August unch TOOslr September unch 695slr October 99telr 6 90slr'684/683 'ipd Nigeria 5% ffa bulk stg B/yrrvmnAftfl
      67 words
  • ASIAN STOCKS
    • Article
      Nikkei DJ average passes 6,200 level
      621 4 Tokyo THE Nikkei Dow-Jones average closed above 6.200 yesterday for the first time in ten days. Some institutional investors including mutual funds and foreign investors were heavy buyers of neglected, high-qual-ity stocks such as pharmaceutical, light electrical and precision machinery issues Total sales value
      621 words
    • Article
      Hongkong
      323 4 THE MARKET behaved In a very erratic manner yesterday, failing once again to break through the 600 level conclusively. Up over five points in the first hour, profit-taking throughout the day saw prices slump with the exception of HK Land, which attracted enormous speculative interest. Overseas brokers and institutions
      323 words
    • Article
      Sydney
      283 4 STOCK prices yesterday eased ahead of today's release of June quarter cost of living figures which are expected to show an upward inflationary trend, dealers said. JULY 24 Cents INDUSTRIALS A. C. I 190 unch A N L lit 1 A. P. M 129 unch Ampol Pet. 68 unch
      283 words
    • Article
      Bangkok
      252 4 THE STOCK market yesterday closed mixed with losses in the majority in absence of buying support after slow trading which left many shares untraded, dealers said. JULY 24 BahU Ada Credit Asia Fibre 1M unch Ayulhaym In» And Trust Bangkok Investment 220 unch Bangkok Bank 940 unch Bangkok Drying
      252 words
    • Article
      Selected indices
      62 4 FINANCIAL TIMES INDUSTRIALS Monday 466.7 Friday 471.2 Week Ago 470.7 DOW JONES AVERAGE INDUSTRIALS Monday 825 51 Friday 828.07 Week ago 834 90 LONDON DOLLAR PREMIUM Monday 21' to 22 Friday 21to22'. H.K.HANG SENG Tuesday 592 49 Monday 598.45 Week ago 551.54 SYDNEY INDUSTRIALS Tuesday 485.09 Monday 487.83
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  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      251 4 Now: The Buku Merah offers you an ever more effective way of selling your products and services In the Buku Merahs pink pages, classifieds business section It pays to be listed in the Straits Times Directory of Singapore. Singapore businessmen have known that for the last 82 years and that
      251 words
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  • OVERSEAS
    • Article
      Lock icon TURKEY'S ECONOMIC CRISIS CHECKED
      565 5 AP TURKISH Finance Minister Ziya Muezzinoglu struck an optimistic note on Monday for Turkey's debt-ridden economy, saying that the disastrous trend has been partially checked. Mr Muezzinoglu sais: "There is no reason not to look at Turkey's future with complete hope despite the hardships." The Finance
      AP  -  565 words
    • Article
      Lock icon Thatcher to cut state holdings in B. Aerospace
      536 5 AP BRITISH Prime Minister Margaret Thatcher's Conservative government announced that it will put up hall the nation's aerospace industry for sale by Christmas as part of its pledge to slash state involvement in private enterprise. Amid shouts of protest from Opposition Labour
      AP  -  536 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      731 5 ARRIVALS Service Local Operator Number Time From GIA GA906 1100 MES THAI TG423 1125 BKK PAL PR501 1135 MNL GIA GA982 1200 HLP SIA SQ240 1210 MES SIA SQ63 1155 MNL SIA SQ201 1245 HLP MAS MH684 1245 KCH UB UB231 1115 RGN MAS MH651 1330 (MES)
      731 words
    • Article
      Lock icon White House staff shakeup not over
      428 5 NYT THE OUTGOING chairman of the US Federal Reserve Board, Mr William Miller told a press conference that his successor should be someone who is instantly recognised in the banking community as associated with "sound monetary policies and sound support for a strong dollar."
      NYT  -  428 words
    • Article, Illustration
      Lock icon Vance says Soviet influence only transitory
      310 5 Reuter THE US Secretary of State Cyras Vaaee said any growth W Soviet influence la the third world would be transitory becaase it was baaed an arms supplies aid the politics of conflict instead of development. la remarks prepared far delivery to the Irgan
      Reuter  -  310 words
    • Article
      Lock icon Crucial talks on new safeguards pact collapse
      797 5 NYT TALKS between the European Community and developing nations on a new safeguards pact collapsed late on Monday, sharply raising the likelihood of trade confrontations in the early 1980s. The negotiations broke down after several weeks of intensive consultations, making it virtually certain
      NYT  -  797 words
    • Article
      Economic growth of 4.2pc predicted
      116 5 INDUSTRIAL countries can expect their economies to grow at an average of 4.2 per cent a year in the next decade. World Bank president Robert McNamara said. The economic growth rate for developing countries is likely to be higher at 5.6 per cent but this
      116 words
    • WORLD IN BRIEF
      • Article
        Lock icon SUNFLOWER POWER
        396 5 Agencies SUNFLOWER oil could help farmers combat the energy crisis, according to Pretoria's Ministry of Agriculture. Agriculture Minister Hendrik Sc hoe man told a press conference that tests showed South Africa could become self-sufficient in tractor fuel by using sunflower oil instead of diesel. He stressed that more
        Agencies  -  396 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      357 5 m m Heavy Duty VSacuum is the answer to lower clean up costs. FOR TANKERS-DOCKS-FACTORIES-INACCESSIBLE AREAS As the cost of moteriols, energy ond lobor increases, more emphasis is placed on recycling industrial waste materials It is imperative m today's economy to chonnel all of a company's resources ond reserves into
      357 words
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  • Article
    When brilliance of Golden Shoe fades
    430 6 THE ENDS of urban redevelopment in Singapore have been served for nearly a decade now in two primary ways. One, through massive land clearance and sale by the Urban Redevelopment Authority and, second, through the Golden Shoe area in the city where the more
    430 words
  • Article
    Interest of industry takes priority
    261 6 THE objections raised by the Singapore Society of Travel Agents (SSTA) to certain points in the constitution of the Travel Agents Association of Singapore (TAAS) seem valid enough. It would indeed be possible for a minority of members those holding four classifications and therefore four
    261 words
  • Article, Illustration
    Lock icon A cry for help from US firms
    1501 6  -  RECENT research in the US shows that it is the small firms, rather than the large ones, which have created new jobs and contributed significantly to technical innovation. But the environment for these small firms, in terms of equity funding and regulatory requirements,
    FT  -  1,501 words
  • Article
    Lock icon SOMOZA'S WEALTH
    668 6  -  By WAYNE KING NYT BEFORE Nicaraguan President Anastasio Somoza Debayle was cast out by force from the country his family held like a feudal fief for 42 years, a classified US government intelligence report put the family financial holdings largely controlled by Somoza at US$9OO million (Ssl9Bo million).
    NYT  -  668 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      120 6 )|g) M i«bp[ftV— 111 ni |L»J m ■M rMgfc* Draw a crowd to a sale or sell 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
      120 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1345 6 rTV^RADIOd Focus on Horizon HORIZON at t.st will have to be the main focus of y»ur viewing tonight. The unfortunate thing about the series is that it is about Ave years aid, and this will naturally date some of the programmes rather markedly as it did last week's recounting of
      1,345 words
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  • Article
    Lock icon Saudi Arabia's dangerous balancing act
    923 7  -  By THOMAS FRIEDMAN UPI IT'S NOT easy being the world's largest oil exporter. The ruling family of Saudi Arabia finds itself exposed daily to critical domestic, regional and international pressures, all focused on a single issue oil production. Saudi Arabia's five million people usually pump
    UPI  -  923 words
  • Article
    Lock icon Post-Keynesian group with inflation theories
    837 7  -  FOBPMj With ALFRED EICHNER NYT THE BASIC inflation rate, measured by the growth of industrial prices, is now more than 10 per cent. With the recently announced price rise by the Organisation of Petroleum Exporting Countries, this rate will soon go even higher, with no
    NYT  -  837 words
  • Article
    Lock icon Oil slick on Brazil's economic horizon
    1265 7  -  BRAZIL is regarded by many observers as a potential world economic power. But 75 per cent of the country's oil needs are met by imports a dependency which threatens to undermine its much vaunted 'economic miracle', writes JEREMY MORGAN. JEREMY MORGAN FT BRAZIL, once
    FT  -  1,265 words
  • Article
    STRAWS IN THE WIND
    180 7 THE host at a dinner party was briefing one of his lady guests on some of the other guests and their interests. Pointing to a very suave and elegant man, he described him as someone who could "read women like an open book." Then, after a
    180 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      463 7 «!V ♦v y ♦V > 4 4'-* 5R /i k* <4S r? K i*T a las J •r m This year's National Day feature will carry a thought-provoking and possibly controversial theme: the New Society that is being built on the industrial base now being constructed. What will the impact
      463 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      56 7 You-Re *ot tm»n<ing or 1 &RtMG'NG IMPTT SCPSNOPiL TO Tue PP>RkT v op cooßse ir yo*-J tmin< ion GO»NG TO UJP>UK PMONG LO'TM N/OU LOWiLt vouee TMBT G»VC IT To Pot I'LL FOLD IT FoR VOU > it's no use. it S aee.N l Des«GNeD NO PHRTreR LOHvCM UPi^j You
      56 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        273 8 JULY 23 Frs 4-/-CORBE1LLE Alr-Liqulde 470 -98 B S N Oervals Danone 838 4-4 C S F i ThomsonCif) 300 4-1 Cte Francalse des Petroles 18SJ0 -0J Compagnle Flnanclere Compagnle Qenerale 349 -1 Credit Fonder De Frince 470 1.2 Hachette (Llbralrle) 214 unch Machines Bull 5515 -0.0 Michelln (B)
        273 words
      • Article
        Amsterdam
        149 8 JULY 23 FU 330 00 8000 -1.7 27 40 -0.1 91.00 -0.5 112.00 -0.7 72.00 02 56.00 96.00 63.60 -0.4 164.80 03 61 80 0.1 Byenkorf 68 50 -06 173.50 0.5 112.50 3 133.30 Fokker 24.00 -0.3 604.00 -1.5 30 00 0.4 Gelder 40 JO -0.6 53.90 0.9 83.00
        149 words
      • Article
        Zurich
        181 8 JULY 23 Francs Action* Sulsses Alusulsse Br Alusulsse Reg Brown Bovert Br. Ob* Oelgy Br Clba Gelgy P C Clba Oelgy Ret Credit Suisse Br Credit Suisse Ret Elektrowatt Br. Oeorte Fischer Br Globus Pc 293 1245 403 1040 1240 1006 m 2215 425 2010 680 411 W -5
        181 words
      • Article
        Frankfurt
        217 8 JULY 23 Dm Aef-Telefunken 48 10 -1.4 Akin 24 80 Alls Le ben no oo 4-1 All* Vers 448-30 0.5 BASF 135 30B Bay H T Wbank 147 OOB Bay Vbank 285 OOB Bayer 128 80 -0.4 BBC 281 OOB RUW 188.00 -15 Caiaella 345 OOB Chem Verw 249
        217 words
      • Article
        Milan
        109 8 JULY 23 Lire Ante Assoc 0«n 18 50 ***** 05 40< Bastofl Central* Flat 770 5379 2513 31 91 -14 F"1n«lr1*r 146.25 -0-25 Oen Immob 82 17 IF1 Prl 2420 so Itaicementl ***** 81C 750 8 Italskter 385 33 Mafnetl M Pf 580 50 -45 Mare 111 Ere 290
        109 words
      • Article
        Brussels
        8 8 THE BRUSSELS bourse wu closed on NiwUy.
        8 words
      • Article
        Lock icon SHELL
        45 8 Reuter THE LONDON Stock Exchange introduced a January traded option in Shell Transport and Trading Co Ltd at a striking price of 325 pence from the start of trading on Monday. The underlying share price at the close last Friday was 338 p. Reuter
        Reuter  -  45 words
    • Article
      TORONTO
      212 8 JULY 23 C» Abltlbl U* -<* A lean 38 unch Alfoms 2B* -ft Bank Mont 24 -4k Bank Nova Scotia S4V, -H Bell Tel 2IH Beth Corp BP Can Ltd 27 B rase an 22* -W Camp Red Lake 22'i Can Imp Bk 2n Canpae 31* -w Canpac In*
      212 words
    • Article
      JOHANNESBURG
      249 8 JULY 23 Rand INDUSTRIALS 156 AE And CI 435 unch AMIC 25 587 7 840 CN A 250B Currte Finance 85 1 De Beers Ind ***** unch J3C 10 ***** Fed Volt 203 Fuffll 120 280 Hippo Hlveld 230 380 S Liberty 175S LTA 207 2 M And R
      249 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      662 8 See Page 4 for Asian stocks e See Page 9 for NYSE stocks Where to wine, dine and entertain 5 Detectable local dishes and Western lunches set in daintily stylish Scandinavian decor. Popular SELF-SERVICE lunch daily. From 10.30 am to 3.00pm and snacks from 3.00pm spm You've got to try
      662 words
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      Page 8 Advertisements Column 2
      255 8 m FRBKHFOODIS UOUUUERE French Cooking mods French Chef. We have him at La Chaumiera. Evaryday a different Plat du jour (Lunch only) at SsB.oo Lunch 12.00 pm to 2.30 pm Dinner 7.30 pm to 11.00 pm Closed oh Sunday m J Cafe Etestairart -fhancais 234 C 3rd FLOOR FABE* HOUSE
      255 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      491 9 STERLING broke the 2.30 barrier yesterday in the wake of a weakening dollar. The US dollar closed weaker against the Deptschemark and the yen. Trading in the US dollar against the mark was quiet in the morning, starting from a level of 1.8060/70. When the Euromarket opened, however,
      491 words
    • Article
      London
      298 9 STERLING yesterday continued its gains of Monday as the dollar weakened further. opening at U552.3180 90 against Monday's 2.3020 30 closing here, dealers said. Its effective index rose two points to 73.2 and dealers said they expect the pound to remain firmly underpinned at the $2.30 level. The dollar's
      298 words
    • Article
      Asian $ rates
      189 9 Asian rates ASIAN currency deposit Interbank rates as at close on July 24: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US Doll«r*(Spot) Offer Bid 10 15/16 10 13/10 111/16 10 15/16 113/16 111/16 U't im ll 1 u>> 11 10'» 10 15/1610 13/16
      189 words
    • Article
      Discount
      53 9 RANGE of prices offered by discount houses on July 24 Overnight to Call deposits-4 s »'V Cloaiac Bayiag Selling 3 month Treasury bills 4 11/16 4 9/16 3 month Bank bills 711/1C 7 9/16 3 month CD 7 5/16 7 3/16 6 month CD l't 7 3 Source: National
      53 words
    • Article
      PLR
      21 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8.25 per cent.
      21 words
    • Article
      Tokyo
      147 9 THE US dollar for overnight delivery- yesterday closed at 213.95 yen. compared with a 213.50 opening and 214.75 at Monday's close. The dollar fluctuated between 213.70 and 214.35 yen in active trading with the volume at US$77O million, dealers said. Foreign banks actively sold dollars throughout the day after
      147 words
    • Article
      Gold futures in S'pore close quietly steady
      397 9 GOLD futures in Singapore yesterday closed quietly steady compared with Monday's closing levels, dealers said. Opening quotations were marked up between USSI.7O to 1.90 ounce and gained further ground at noon before closing between $3.70 and 3.90 higher on short-covering, they said. Turnover
      397 words
    • Article
      Hongkong
      197 9 THE US dollar yesterday eased in thin, late trading here with operators anticipating an easier dollar in the long term on US Treasury Secretary-designate William Miller's statement that he did not think the discount rate increases in other countries will necessitate further US action, dealers said. The US unit
      197 words
    • Article
      Australia/NZ
      74 9 QUOTES on the Australia and New Zealand exchanges on July 24: AUSTRALIA: US dollar 1 1373 1 1325 Sterling 0.4942 0 4884 Ninety-day airmail buying rate* Sterling 0 5156 US dollar ***** Ninety-day forward buying rates Sterling 0 49M US dollar ***** NEW ZEALAND Reserve Bank midrate US$lO2B4 Trading
      74 words
    • Article
      Lock icon RECORD RATE
      97 9 Reuter THE BANK of Canada has raised the bank rate to a record II per cent from 11 1 < per cent in an attempt to attract foreign capital and halt credit-fuelled inflation. The increase in the rate became effective on Monday. Bank governor Gerald Bouey said the
      Reuter  -  97 words
    • Article
      Stock prices finish lower
      1312 9 NEW YORK UNCERTAINTIES about interest rates and the vacancy at the head of the Federal Reserve Board depressed stock prices on Monday. Earlier in the day the First National Bank of Chicago raised the prime lending rate to 11per cent from 11 1 per cent and
      1,312 words
    • Article
      Hong Leong scheme gets good response
      661 9  -  By RUTH CHENG MORE than one hundred enquiries, including about four from property developers, on Hong Leong Finance's new housing loan scheme have been received. This is just the initial response to the graduated payment mortgage scheme (GPM) which was announced last week by
      661 words
    • Article
      Lock icon Heavy financing activity
      371 9 NYT WITH the credit markets working to reshape their views of the outlook for interest rates in the aftermath of the Federal Reserve's decision last Friday to raise short-term interest rates, a heavy schedule of financing activity is planned this week. The Treasury was scheduled to sell
      NYT  -  371 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      261 9 Word power: Edward de Bono 265 special words are covered here. This big new book from de Bono, author of Lateral Thinking, makes available for the general reader an invaluable store of the vital words which form part of the living vocabulary of every thinking man. Mind power: Nona Coxhead
      261 words
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  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1305 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 deal
      1,305 words
    • Article
      Government bonds
      180 10 4 1/2% 1/8/80 (250.000) (99J08) 4 3/4% 15/9/80 (250.000) (99 658 *****) 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) (100 108 100.20S) 5% 15/4/81 (250.000) (***** 99.758) 5* T F 1/5/83 (250.000) (100.058
      180 words
    • Article
      Stock options
      94 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. Haw Par (Sept $120) (0 328 0.365). Hmme F E (Sept $160) (0.438 O.S3S).
      94 words
  • Article
    Unit trusts
    172 10 S pore Growth Fund 108 1 13 SINGAPORE I'NTT TBI ST INCOME BOND UNIT (Maaagen* prim i far Jal (Carnal prU t*a) The Commerce 203 2 15 Income Bond 111 l.lf The Saving Fund 1.33 1 41 S pore Prog Fund OS 100 S pore Sec. Fund 1.TS
    172 words
  • Article
    SHARE INFORMATION SERVICE
    2628 10 Gr's Gr's Net 1979 Last Div Div Y'ld P E Vol Day High Low Company Sale orCvr COOOi High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 261 207 Acma 226 -4 150 2.2 6.6 11.5 2 230 226 190* 123' Alcom 173 10.0 1.3 5.7 230 142 110
    2,628 words
  • Article
    In Kuala Lumpur
    1610 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 INDIBTRIALK AjUamata 2 558) AWm (1.778 18 OS) (1) 1 76 Ala
    1,610 words
  • Article
    COMPANY MEETINGS
    186 10 Fraser A Neave Ltd: AGM to be held at the OCBC Centre, Chulia Street, Singapore, at 12 noon on July 26. This will be followed immediately by an EOGM. Yea Hiap Seng Ltd: EOGM to be held at Uth Floor, Shing Kwan House, Shenton Way, Singapore at 12
    186 words
  • Article, Illustration
    Market's dull spell broken only by Inchcape Bhd
    675 10 INCHCAPE was la far bullish treatment In a barely steady market at the Stack Exchange af Singapore (SES) yesterday. Pram its overnight close of $1.82, the share was taken np to a peak of $1.91 prompted by a press report that the
    675 words
  • Article
    Prices continue to drift in Kuala Lumpur
    568 10 QUIET conditions prevailed and prices drifted to a slightly mixed close on the Kuala Lumpur stock market yesterday. Traders were apparently lying low in the absence of any encouraging development. Dealers said the market was still bogged down by the various world economic
    568 words
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  • COMPANY NEWS
    • Article
      Oriental's optimistic prospects for 1979 group earnings
      356 11 ORIENTAL Holdings* Honda dealing subsidiary, Kah Motors, which accounted for most of the group profit last year, is expected to show marginally lower earnings this year. Nevertheless, chairman Datuk Loh Boon Siew is optimistic about group prospects and has forecast group results for
      356 words
    • Article, Illustration
      Boustead sees delay in plans
      773 11  -  By DAVID CHOW BOUSTEAD Holdings hopes to unveil soon the results of its efforts to add more acreage to its estate holdings. Group chairman, Mr A Charton, in the annual review said discussions were held with parties in the plantation industry, with a view to
      773 words
    • Article
      HUNTED TURNS HUNTER
      468 11 Letter te the Editor SIR, I refer to your article "Badly timed offer from Guthrie Corp." (July 20). From the stream of letters so far, it is evident that there will be tough local opposition from minority shareholders and perhaps from local institutions that feel the offer
      468 words
    • Article
      DIVIDENDS ANNOUNCED
      317 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previona year FAN 18% Jul 10 Jul 17 Jul 27 26% 22% D Baby 10% Jun 19 Jun 29 Jul 26 10% 7.5% PMC 5%(n) Jun 28 Jul 10 Jul 26 10% 15% Grand
      317 words
    • Article
      SCRIP ISSUE
      108 11 Particulars Ex Date Books Close Yeo Hiap Seng Bonus Issue of 1 for 3 Rights Issue of 1 for 3 $2.25 per share Jul 24 Jul 31 Spore Glass Bonus Issue of 1 for 5 Jul 26 Aug 2 B Semb Bonus Issue of 3 for 1 Sept
      108 words
    • Article
      S'pore Glass to maintain payout rate
      508 11  -  By CATHERINE ONG THE CURTAILMENT of petroleum supplies and the oil price increase are a cause for concern at Singapore Glass (1974). These events may lead to cost pressures, inadequate supplies of raw materials and dampened market conditions. In addition, prices of paper are
      508 words
    • Article, Illustration
      Impasse on the relisting question
      693 11 wm SfiKDSCL^ by HOCK LOCK SIEW SHARES are usually regarded as a good investment medium for their marketability. As assets, they rank among the most liquid when compared with bank fixed deposit, government bonds with long maturity dates (these may be quoted on the stock
      693 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      68 11 THE ASEAN REPORT (in two volumes) 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 PRICE: *****/- per set (free airmail delivery from Hongkong) TIMES DISTRIBUTORS SDN BHD Mail Order Division 1 f
      68 words
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  • Article
    Taxi operators seek approval for fare jump
    525 12  -  By WANG LOOK KEAH THE REGISTRY of Vehicles (ROV) is now studying proposals for an increase in taxi fares submitted by the Singapore Taxi Drivers' Association (STDA), Singapore Transport Association (STTA) and the NTUC Comfort last weekend. The Ministry of Communications has been
    525 words
  • Article
    Lock icon Marcos on the issues crucial to Asean's future
    158 12 AFP PHILIPPINE President Ferdinand Marcos yesterday said it was "imperative to Asean's future" to ease protectionism in world trade and realise "a more open world market". Addressing the closing luncheon of the first AseanUS Business Conference, the Philippine Head of State said
    AFP  -  158 words
  • Article
    Snags in travel association's plan
    391 12  -  By TSANG SAU YIN PLANS of the Travel Agents Association of Singapore (TAAS) to be the national representative of the travel industry will have to be put off for a few months. This is because the Singapore Society of Travel Agents (SSTA), which is one
    391 words
  • Article
    LONDON STOCKS
    843 12 LONDON, Tues. Shares were steady but government bonds advanced in generally quiet trading, dealers said. At 3 pm, the Financial Times index was up 0.3 point at 467. Government bonds closed 1 point higher with sentiment bolstered by the strength of sterling and expectations of strong subscriptions for
    843 words
  • Article
    Lock icon Russian power clouds Asia's future prospects
    206 12 Reuter THE Japanese Cabinet yesterday painted a bleak picture of the future of Asia, seeing it as a region of continuing instability and a cockpit for superpower competition. Japan's Prime Minister Masayoshi Ohira and his ministers approved the annual Defence Ministry White Paper, which
    Reuter  -  206 words
  • Article
    UOL accepted policy of URA
    66 12 IN yesterday's article headlined "UOL turns down offer by URA." it was suggested that all tenderers except UOL had accepted the Authority's new policy aimed at improving the quality of future buildings. UOL has. in fact, also accepted the new URA ruling but has declined
    66 words
  • Article
    JTC building six more flatted factory blocks
    390 12 JURONG Town Corporation (JTC) is building another six blocks of flatted factories to cope with increasing demand. These factories are in housing estates and other population centres where workers are readily available. The six blocks under construction are in Bedok, Kallang Basin, Kallang
    390 words
  • Article
    Lock icon Sliding payments balance weakens yen
    292 12 Reuter THE yen has been relatively weaker against the US dollar than the German mark or the Swiss franc due mainly to a steady deterioration of Japan's payments balance. Discloing this monetary officials said they opposed an idea held by some Japanese bankers that the
    Reuter  -  292 words
  • Article
    MALAYAN CREDIT'S NEW HELMSMAN?
    300 12 MR Jack Chia may soon replace Datuk Wang Teng Kiat as chairman of the Malayan Credit group. The stock market was yesterday buzzing with talk that Datuk Wang would step down from the post at the company's annual general meeting to be held on August 11.
    300 words
  • Article
    Haw Par board
    130 12 FORMER Senior Minister of State Tan Eng Liang, who was appointed group general manager of Haw Par International in February this year, has been made a director of the company. His appointment, effective from yesterday, was announced in a brief company statement to the Stock Exchange of
    130 words
  • Article
    AUSTRALIAN PRICES
    149 12 AUSTRALIAN inflation is rising with increased oil prices, and the unions are increasing pressure for wage readjustments. Australia's Treasurer, Mr John Howard, whose budget is expected in early August, told the Australian finance conference in Canberra that there was a danger of the restraint on inflation being undermined
    149 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      112 12 YOUR AUSTRALIAN BRANCH OFFICE FOR $1,500 A YEAR? The International Executive Centre in Melbourne, Australia provides a totally unique range of facilities and services for overseas companies including access to leading Industrial, Commercial and Government Advisors. A fully responsive Service. I he I.E.C. is more substantial than an Agent, more
      112 words
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      Page 12 Advertisements Column 2
      3 12 Leader... Page S
      3 words
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      Page 12 Advertisements Column 3
      91 12 I When you're fishing for new markets, land big I game with the help of air freight experts. When you're busy meeting deadlines, controlling inventory, hounding suppliers, maintaining client service and developing new markets, it's reassuring to know that there is an air freight company which treats your business as
      91 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair. Report for Zi hoars prior to 7.31 p.m. on July 24 at the airport. Maximum temperature 30.4 Associated humidity 72 Minimum temperature 24.4 Associated humidity 94 Hours of sunshine 7.50 Rainfall in millimetres Trace Total rainfall for the
      59 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Skymaster on fire
        101 13 Reuter THE Greek-registered cargo ship Skykmaster (962 tonnes) was on fire about 60 miles off the southern coast of Cyprus on Monday and her crew had taken to the boats, Cyprus radio reported. British air force planes from the base at Akrotiri located the stricken vessel after
        Reuter  -  101 words
      • Article
        Lock icon Rise in net profit
        93 13 AFP THE steady recovery in shipping trades is reflected in the almost 40 per cent rise in the net profit for the year to March 31 of Wheelock Maritime International. The main shipowning unit of the Wheelock Marden group the company owns vessels ranging from oil
        AFP  -  93 words
      • Article
        Lock icon Freighter, tanker collide
        78 13 UPI A GREEK freighter collided with a small Swedish tanker off the coast of Malaga, Spain on Monday and limped into the port trailing part of its wheat cargo from a gap made in its side. The 10,000-ton Argalis was on its way to Marseilles from Argentina
        UPI  -  78 words
    • Article, Illustration
      Ship with a cement plant
      401 13  -  By GOH ENG KEE A SPECIALISED heavy lift vessel, the Dock Express 10, is on its way to South Korea with a complete cement factory weighing 5,000 tonnes on board after making a two-day stopover in Singapore late last week. The Dutch ship, which was
      401 words
    • Article
      Lock icon London freight market
      191 13 UPI FREIGHT market rate performance varied depending en area. Nertk Atlaatle paymeats were adversely affected by the reeeat redactiea la demand for grata leaden, kit the Nerth Pacific and Par East appeared te maintain a healthy kaeyaaey. Indications of Nnrth Atlantic weakness included the M cents lewer
      UPI  -  191 words
    • Article
      Lock icon A supertanker case of being pound foolish
      482 13 UPI WHILE shipowners were discussing on Monday how they might save oil worth millions of dollars in the tanks of two crippled supertankers, a seaman's union was describing as "shabby treatment" the £10 (about SJ49) pocket money given the survivors of last week's
      UPI  -  482 words
    • Article
      SHIPPING LIST where your ships are due ... and when
      2235 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 Port
      2,235 words
    • Article
      INDEX
      524 17 Shipping Um Pa** CM ACS n 5 Afea IV 3 Alpac IV 5 Angkutan V 4 ANL I 1 APL ra 2 Arya Nat n 5 ASCL m 5 Aust.Cont IV 5 Bank n 5 1 BBS n 2 Ben Asia m 3 Ben m 3 Ben Ocean ra
      524 words
    • Article
      Container Schadules
      849 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 the
      849 words
    • Article, Illustration
      Lock icon Future of shipping in multi-purpose vessels
      1299 18 Fairplay IT IS ONE of the real surprises of the late 70s that the multi-purpose dry cargo ships are still being produced in such numbers and launched into a world that has its major trade routes converted to the cellular container operation. According to
      Fairplay  -  1,299 words
    • Article
      Norad awards for course in professional shipping
      279 18  -  By KOH TSE YING TWO GOVERNMENT officers will be attending a course in professional shipping organised by the Norwegian Agency for International Development (Norad) as part of the Norwegian government's Technical Assistance Programme. Each year, Norad offers study fellowships to public servants and
      279 words
    • Article
      Lock icon Private finance for shipbuilding move held back
      172 18 Reuter THE BRITISH government has decided not to bring forward measures to introduce private sector finance to the shipbuilding industry, Secretary of State (Industry) Keith Joseph told Parliament on Monday. He said, while in principle he would have liked to introduce private sector
      Reuter  -  172 words
    • Article
      SHIPS IN PORT
      459 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Adhiguna Karunia (18%) 40 41 Bunga Gelang (after Bunga Seta war) 19 Emma Bakke (after Professor Rylke shifts) 33 34 Fuso Maru (after Hoegh Pride) 12 Gudrun Bakke (after Idbn Alroomi)6 7 Iweri (0700 25 Kota Maju (0700 after Kota Timur) 10
      459 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      505 13 l:\erett Lines KM TNI MOST miQUIMT SAILINGS TO BANGKOK HONGKONG •JAPAN PUSAN Ev«r«tl SlHirwhlp Corpn. S/A C'.»*o»d V**9ooo»# 9)451 9 3ft B*ot* '01 OC SC 9»<Jg T* 3 Po.. (H>OO SOCSMIP CO OMD LUJ JAR DIM AMAH FULLY CONTA»OISED SERVICE TO EUROPE (VIA SUEZ) I S port P Keia* I
      505 words
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      Page 13 Advertisements Column 2
      301 13 UNITED ARAB SHIPPING CO (SAG) All vessels ***** DWT, 105 TON H L Derrick 288 TEU Capacity, Long Length Capability (ARABIAN GULF WEEKLY SERVICE essei S pore Loading for Mtna Qaboos (5/8). Abu Dhabi (9 8) Dubai (12 8). Bahrain (15 8). Kuwait (18 8) Dammam (21/8) Dammam (26 8).
      301 words
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      Page 13 Advertisements Column 3
      343 13 NOL k NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE C CONTXMR 4 M SAm 71 AM 77 AM 74 AM n CORAI 17 M l m J:i< C'W 17 AM M ]S« 4S« SSW A lACEJM 73 74 10 Sept U Scot 17 Sep! PEA/tl 79
      343 words
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      Page 13 Advertisements Column 4
      907 13 m HONG KONG ISLANDS LINE LINER SERVICE FOR FAR EAST MIDDLE EAST AFRICA TAIWAN HONG KONG AUSTRALIA See Page IV Column 3 for Sailings Agents SINGAPORE SHIPPING AGENCIES PTE LTD MARKETING *****2 GENERAL *****1 A Ms,i EURO ASIA LINE SON BHD K I *****7 P KLANG *****1/3 PENENG *****/2 MAERSK
      907 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      696 14 rHapag-Lloyd FULLY CONTUOtSED TO EUROPE EXPORTS Connect** at Takyo (CARGO TO ATLANTIC MO GU.F POUTS VU MN-lANDGRSGE) FULLY COHTMOISED FROM EUROPE H>*( BTuren Adam Laharre Pk Sport hK MPORTS T* Tally*/ Kobe Susan YTiaau 3/8 5/8 12/814/8 16/8 19/8 22/8 19/8 21/8 25/8 27/8 31/8 2/9 9/911/9 117/919/9 25/9 27/9
      696 words
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      Page 14 Advertisements Column 2
      376 14 mm Oct 7 Sep Oct 20 Sep Oct 22 Sep s*» Oct Oct 1 Oct Oct 4 Oct *4 33 L M KSSIfIiBOH ISSMI33H I~3IM HP ITT Its ftnfdet |/j San Francisco 10/9 1/9 7/9 18/9 19/9 25/9 21/1 4/10 1/10 9/10 10/10 1/10 17/10 20/10 25/10 27/10 1/11 La
      376 words
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      Page 14 Advertisements Column 3
      589 14 EVERGREEN LINE I FAR [AST EUROPE EXPRESS FULL CONTAINER SERVICE 1 ACCEPTING CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP. Lt HAVRE ALSO ACCEPTMG CARGO FOR UNITED KWGDOM SOUTHAMPTON lONOON. MANCHESTER. BIRMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY MfMtftHAVEN HOLLAND AMSTERDAM S'pvt Hm*w( f afasbmt Kotttrdam Antwtrp It Havre Ew tor«l« 3
      589 words
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      Page 14 Advertisements Column 4
      911 14 I Everett lines! m Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON Seaport HTANTAWVWA 30 My/1 Auf B F S S C Agents m Motoyi»o TEPS MALAYSIA Port Kelong Tel (38K7355 Penong Tel *****/***** Compania Argantina Da Navagacion Intarcontinanlal S. A. C.I. F. "ARGENTINE NATIONAL LINE" 9
      911 words
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      Page 14 Advertisements Column 5
      682 14 r mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103. 21ST FLOOR. MARINA HOUSE SHENTON WAV MISTRI ROAD. SINGAPORE 2 TEL *****44 7& *****70 SANKYO LINE AUSTRALIA SERVICE P. Kelang Snfaport Loadmg tar: Ylf RIVER 2€/28 My In Port FREM, ADEL, MEL YUE MAN 26/28 Jut* 29/30 My BWS, SYD
      682 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      1032 15 Overseas m B B I Containers Limited Weekly service to/from UK/Europe To UK/Continent Hamburf Eipress Bremen Eipress Benanon Tokyo Bit C«(*i»n Bay Tokio Eipress Mine Maru Kaluga Mini Osaka Bay BenaMec 26 M 27 M 3 kuf 4 Aut 5 Aoi 12 Aut 13 Aut 21 kut 22 kuj 28
      1,032 words
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      Page 15 Advertisements Column 2
      1009 15 GRANARD LINE RELIABLE I DEPENDABLE NOW-CONFERENCE EXPRESS SERVICE WEST BOUND-FAR EAST/MEDITERRANEAN S pore f Ktbng Penmf loidmg tar: MV MAN C«Ot«G V29t»_ 17 Aug P Sad/Aleijndru Bwut UUM/PMM M MAN I*l 31W J S«p P Said Aleiindiia B«rul laltaku Pirfius All VESSELS ACCEPTING CONTAMER C«GO EAST BOUND-MEDITERRANEAN/FAR EAST M V
      1,009 words
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      Page 15 Advertisements Column 3
      497 15 BEN LINE CONTAINERS n BEN ASIA CONTAINER SERVICE EXPRESS CONTAINER SERVICE STR/UTS/TMWAN/JAPAN 10 TAIWANJAPAN I BENBULK I BULK SERVICE SOR TIMBER AND PLYWOOD Reiang Tetok Ayer S pore P Ketang luatfng tar Hcwimi »oy 10X 5/7 Aug 1/10 Aug Rdam Lpod "port A KSSEI vn in 1/4 Sept 5 1
      497 words
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      Page 15 Advertisements Column 4
      573 15 -r Scan Dutch 9 LY EXPRE LVi i ->in: i>» i«i T i i ir 1) IMM 2) MM 3) Hk»| 4) Gbw 1) IrvMH >—tim Mw. NMI 4) Mn. SUMi 0* EASTBOUND FROM MED/UK/NC/SCANDINAVIA I) Cbxi 2) Hbu'i 3) B«en 4)jr<im S) Lett 6l Msedles mm 14/1 IS/I 2S/S
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      Page 15 Advertisements Column 5
      761 15 BOUSTEAD AGENCIES THE BANK LINE LTD. LOADS FOR E. S. AFRICA f AHROICN 1 Reunion Clown PE. ELdn) Spore ?B'3l Aug P Kelang 1/? Sep KATEMNA DRACOPOUOS (Reunion Durban Clown Pt Elu. E London) S pore 77/30 Sep P Kelang 1/2 Oct LVKES ORIENT LINE U.S. GULF COAST SERVICE (New
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      1010 16 K LINE KAWASAKI KISEN KAISHA, LTD. TO EUROPE P Keiang L Havre R dam SS BRIDGE 22W C CONTWNtR 7W N CORAL 14* C PAUL 17W K lACEKN 1W 31 July 1 Aug 4 Aug 5 Aug 12 Aug 13 Aug 17 Aug 18 Aug 23 Aug 24 Aug 17
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      850 16 U.S.A./EAST CANADA SERVICE Penang Betawan P Mang Singapore E.C./GREAT LAKES SERVICE iMOMS ft* mm raw. Norfolk. monthu toronto ashtabula Penang Delano P keiang Singapore "VBHUA TIT <Cah CMcago) 4/5 2/3 km 30 My/1 (tag "VBHVA DNMM" 30/31 fag 21/21 Am 25/27 Am CALIFORNIA/PACIFIC NORTH WEST SERVICE "S O TWPURA VESSEL"
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      Page 16 Advertisements Column 3
      646 16 (•roup SINGAPORE SHIPPING AGENCIES PTE. LTD 2OTH FlOO« OCIAN BUHDiNG SINGAF>OF»E 1 MARKETING *****2 |3 UNLSI GENERAL 91 31 11 11 4 L INE Si TELE* RS 2459S RS ***** A B CARSHIP«CAOLE CARGOSMIP ML\ SINGAPORE ISLANDS A/ Vf MIPDI t t AST REtil LAR USER A SAFE WAV TO
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      Page 16 Advertisements Column 4
      804 16 ft INTERNATIONAL SHIPPING CORPORATION BiPHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA 1) Barcelona. Genoa. 2) Amsterdam Antwerp I Ha»re B'emenMren Aarlws Copenhagen Helsinki 4) Mafcno Sloe •Accepting Europe cargo tor leeder na Spore Bilbao Bask. UK. 3) Bremen i holm Oslo 1) Gbarg 2) H'bvr| 3) I »en 4) Rdam
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      Page 16 Advertisements Column 5
      770 16 f INTRASEA (PTE) LTD. II UUI Faber House 234E Orchard Road Singapore 9 Telephone *****11 *****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'pare P. Ketang Pen** Loadmg tor EVMARWB4S 30 M 27 hd Boulogne/R'dm Avon (UK) NORASIA NB4I 25 Aug 29 Aug Avon (UK)/Boulogne Antwerp Agents Sngapore KTRASEA (PTE)
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      315 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE PT KEL PENANG PT SAD ALEXAMttIA l*.E U Aut 3 EX VESSEL Aut 27 SPWtt U Sept 17 Auf 28 Sept 5 Sept 20 Sept 25 Oct 10 Oct IS Subject inducement MARTRANS
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      Page 17 Advertisements Column 2
      278 17 11l FAR EASTNJ/ WEST AFRICA SERVICE! FCI LCL BREAK BULK SERVICt VESSEL Spore lifos Tema Aian •HEROHAE 30/ 1 Au{ 26 Auf 31 Au( 3 Sep TBN 25 At* 19 Sep 24 Sep 27 Sep YH FLOWER... 15 Sep 10 Oct 15 Ott It Oct Accept** FCL LCI onhf Aho
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      Page 17 Advertisements Column 3
      275 17 €*pred<» PERSIAN GULF SERVICE OH ETD 10AMNG FOR EASTERN EXPRESS VMM 25 U 26 U Muscat Dubai Afe Mia* Baiv aii/Kuwait EAST-BOUM) PISCHAR6H6 ONLY ETA ETO HAWKES BAY 99E ki Port 25 M RANGOON/CHTTAGON6/CHALNA SERVICE M.V FIVE ISLANDS In Port TBC CONTAINER SERVICE TO AUSTRALIA HA ETD 10A0MG FOR MV
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      Page 17 Advertisements Column 4
      285 17 •font fane fun Men Wang r»* *Mn fanf Tun Siu *lun| fan( .CHINA OCEAN SHIPPING COMBWY UKC SEIi-CONTAttCR SERVICE P KELANG PENANG LOADING FOR 21/21 fay Rotterdam, Hamburg 21/30 fay Rotterdam Hamburg 5/ 7 Auf Antwerp Rotterdam/Hamburg 25/26 Aug Rotterdam Hamburg 27/29 Aug London Antwerp Rotterdam/ Hamburg 2S/26 Sept Rotterdam
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      Page 17 Advertisements Column 5
      448 17 NOTICES Available monthly 2,500 Tonnes CEMENT cargo Kuching/Kota Kinabalu. Offer freight F. 1.0 to:Cement Manufacturers Sarawak Sdn Bhd P O Box 2000 Kuching Sarawak Telex: MA***** Coble: CEMENTSWAK KUCHING Tel: ***** CELTIC BULK CARRIERS k 1, Regular Bulk Service For Timber A Plywood KSH COM* (VOV 3) carte (tior o
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      189 18 NOTICE TO SHIPPERS As a result of further significant increases in the prices of bunker fuels, the undernoted coastal shipping owners/operators serving the trades between Singapore and East Malaysia and Brunei will be further increasing their Bunker Surcharge by 555.00 per M 3/1000 kg. of cargo with effect from Ist.
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      57 18 I P.T. Elham Fortune Line Limited Batu Ampar, Batam Island Indonesia Tel: 151 191 offers itfar Weekly Singapore-Putau Batam Departinf for Smjapore every Wednesday. Additional sainjs arrange able. Agents s pore —loth Agencies Pte Ltd 1104/1105, 11th Flow, Golden Mite Tower. Beach Road. S pore 7 Telephone *****44 (3 lines)
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