The Business Times, 2 August 1979
1979-08-02
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The Business Times
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Title Section10 1979-08-02 1 BUSINESS TIMES M.C.(P) No. 141/1/19 THURSDAY, AUGUST 2,1979 50 CENTS10 words
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BRIEFLY...
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Article66 1979-08-02 1 Reuter TOKYO, Wed. Toyo Kogyo Co Ltd said it and Ford Motor Company's wholly-owned Japanese subsidiary, Ford Industries Ltd, signed an agreement to allow Ford Motor to acquire a 25 per cent stake in the Japanese firm. The Japanese firm said the acquisition will be completedReuter - 66 words
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Article64 1979-08-02 1 UPI BANGKOK, Wed. The Thai Parliament repealed one of the repressive police powers dating from bloody riots and a military coup three years ago. Prime Minister Kriangsak Chomanan appered in parliament to support the repeal of decrees that gave Thai police and government officials the power toUPI - 64 words
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Article67 1979-08-02 1 UPI LONDON, Wed. There is a grim struggle for survival among the world's shipping fleets, the General Council of British Shipping said today. The council said that despite improved freight rates and fewer ships laid up, the British-owned and registered fleet has continued to decline. From a peakUPI - 67 words
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Article60 1979-08-02 1 UPI BEIJING, Wed. China marked the 52nd anniversary of its army's founding yesterday, calling on the world's largest armed forces to heighten vigilance to prepare against a war of aggression. Defence Minister Xu Xiangqian paid tribute to the "heroes who had defended the borders of theUPI - 60 words
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Article48 1979-08-02 1 UPI TEHRAN, Wed. Iran's second largest Moslem political group announced it would boycott tomorrow's elections to the constitution examining assembly. The boycott was announced by the Moslem People's Republican Party, representing followers of Ayatollah Syed Kazem Shariatmadari, in a letter to Interior Minister Hashem Sabbaghian.UPI - 48 words
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Article62 1979-08-02 1 AFP BEIJING, Wed. Capitalist-type advertising today broke into the columns of the Chinese Communist Party newspaper with an announcement from the Philippine National Airline marking its first flight between Manila and Beijing. Until now, the People's Daily had only carried strictly official announcements of forthcoming theatre performances, filmsAFP - 62 words
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Article55 1979-08-02 1 UPI. NEW YORK, Wed. The stock market was mixed early today in fairly active trading. The Dow Jones industrial average, which rose 7.68 points on Tuesday, was off 0.93 point to 845.47 in early trading. Advances led declines, 647 to 407, among the 1,515 issues crossing the NewUPI. - 55 words
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Article134 1979-08-02 1 Rises Indices M V 1 Cons plant Wrts Tractors Semb Shipyard 269 545 615 177 29 20 10 9 B.T.Index: Industrials: Jul 31 Aug 1 2253.98 2270.80 384.19 384.04 Fed Cables 123 8 Finance: 694.78 694.88 Berjuntai 810 5 Hotels: 287.05 287.17 Nat Iron 515 5 Properties:134 words
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Article, Illustration163 1979-08-02 1 Rises Indices Tractors Harper Gilf M Tobacco Minsec M I Corp Kempas Sg Besi F Cables KL Kepong 620 352 394 480 310 515 1110 123 310 20 16 14 12 10 10 10 06 06 Jul 31 Aug 1 B.T.Index: 3253.41 3269.65 Industrials: 411.08 410.56 Finance: 593.42163 words
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Article637 1979-08-02 1 WANG LOOK KEAH - SIA ENGINEERING COMPLEX By WANG LOOK KEAH SINGAPORE Airlines will award to a local company a $120 million contract to build an engineering complex at Changi International Airport. The award, believed to be the largest building deal given to a local contractor, is in line637 words
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Article245 1979-08-02 1 THE GOLD price lost further ground yesterday as it slipped to as low as US$2B7 an ounce during early morning trading compared with US$294 the previous day. Gold opened weaker in Hongkong at U*****.60 following heavy selling in New York on Tuesday. But with short-covering,245 words
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458 1979-08-02 1 MANO SABNANI - By MANO SABNANI TWO LARGE governmentowned shipyards yesterday reported diametrically opposite performances for the first half of the current year. While Sembawang Shipyard unveiled an 80 per cent rise in group pre-tax profit to $19.8 million, Far East Levingston Shipbuilding (FELS) continued458 words
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Article245 1979-08-02 1 UPI PRESIDENT Carter expects unemployment to rise during the rest of the year and in 1960 and does not rule out a tax cut next year to stimulate the economy. In an interview with New York Times yesterday, Mr Carter also made it clear that he isUPI - 245 words
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228 1979-08-02 1 A BRITISH chemical engineering consultant company has beea appointed by the Ministry of Environment to help control environmental pollution that may remit from the proponed petrochemical project at Pataa Ayer Merhaa. TV 1 company, Cremer and Warner, will work clooety with the ministry's aatl-poUntton228 words
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383 1979-08-02 1 FOO CHOY PENG - By FOO CHOY PENG LOCAL manufacturers' export drive in West Asia will be intensified when an export promotion office is set up in Jeddah at the end of this or early next year. The office to take the form of a product display383 words
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Article76 1979-08-02 1 THE SEWERAGE Department is spending $10 million to build 13 3km of sewers to serve the new Changl Airport Construction of the sewerage facilities, which started in February 1977. will be completed by early 1980. This system will be able to receive 17,300 cubic metres of sewage and76 words
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Page 1 Advertisements
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Advertisement235 1979-08-02 1 McCarthy Information Senices(UK) We invite the Singapore business community to subscribe to the Uk-based McCarthy Information Services at the same price as British subscribers receive these weekly services in the United Kingdom This has been made possible because the services are air freighted to Singapore in bulk and distributed by235 words
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Advertisement67 1979-08-02 1 m SHIPPING TIMES PLANS for giant complex in KL 2 FEDERAL Cables on recovery RAPID expansion in Malaysian ec0n0my.................................... 3 GERMAN growth slows down 5 A BOOST for Jakarta exchange...................................... 1 path 11 HOCK Lock Slew bullish on City Deve10pment5........................... 11 PATA conference will not be held In 5ingap0re...................... 1267 words
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Advertisement29 1979-08-02 1 *(%>;@.^)~""<<[>?"^?,;/+=~'\**= Americaya TOKYO BINOAPORR Americaya Premier Ground Floor Plaza Singapura Orchard Road. Singapore y Tel 3217.12 Americaya Orchard G 1-2, Ground Floor Luckv Plaza. Orchard Road, Singapore 9 Tel: *****5329 words
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TRADE AND INDUSTRY
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Article460 1979-08-02 2 COURSES AND TALKS Aug 1-8: PUB Electricity Training Course, RELC, PUB April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, STTC, SITC June 22-Aug 18: Systematic training for effective parenting, Waterloo Street Centre, Dept of Extramural Studies Aug 13-27: Managing People At Work, NPB Town Training460 words
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483 1979-08-02 2 JOHN LIM - By JOHN LIM LOCAL timber exports did not encounter market resistance to higher prices in the first half of this year, during which export volume grew by a healthy 29 per cent over the year-ago period. Average prices of timber products rose by as483 words
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Article276 1979-08-02 2 TO OVERCOME management problems, small businesses can adopt various suggestions put forward by the National Productivity Board. The board, in the latest issue of its publication, Minimax, advanced a simple, practical approach to financial and management problems faced by small industries. First, proprietors are urged to276 words
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223 1979-08-02 2 ASSOCIATED Liquor Dstrlbators (ALO), a aew jalat-veatare compaay totweea Martell ft C* Cagut, Fraaee ul Harper OHM—(Singapore), began operatlaas yesterday at Harpers Building, West Coact Bead. The eampaay aasames the portfolio of liquor ageadea prevleaaly handled by Harper GUflllaa. Mr D R Deaalag, the223 words
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Article62 1979-08-02 2 WANG Computers, a tab* sidimxy of Wang Laboratories of the US, will make a partial donation of a ward processor system casting Jnst under $35, Ml ta the University of Sin ga pa re. This corrects aa earlier repart aa Taeaday that Waag will daaate Its new 22M62 words
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Article393 1979-08-02 2 CHOO AI LENG - By CHOO AI LENG THE response to the introduction of computer software application packages is generally favourable among leading management consultancy services firms. Price Waterhouse will be introducing specialised application programmes for schools and hospitals in the next two months. With the exception of Turquands393 words
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Article384 1979-08-02 2 PLANS are afoot to develop one of the largest integrated commercial projects in South-east Asia. This granddaddy of all development projects will cost about MJSOO million. The construction bill for the Pertama Comprehensive Development project will come up to $450 million. The purchase price of384 words
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Page 2 Advertisements
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Advertisement39 1979-08-02 2 Tips From Nights At The Turntable $3.00 a copy. To be given away to readers of The Craft of Sound 4 c ikFurther details, pick up a copy or call Irene at *****91 for subscription. A Times Periodicals Publication39 words
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REGIONAL
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418 1979-08-02 3 UPI. INDIAN Prime Minister Charan Singh, facing continued economic and political headaches, began on Wednesday to shore up his beleaguered Cabinet following threats that former Prime Minister Indira Gandhi may withdraw her support of the new government. Mrs Ghandhi's aides say sheUPI. - 418 words
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Article339 1979-08-02 3 AFP ABOUT 1,000 Vietnamese < refugees would be taken out from South-east Asia to < third countries every day, Indonesian Foreign Minister I Mochtar Kusumaatmadja I said yesterday. i A delegation from the United Nations High Commissioner for Refugees 1 (UNHCR) would arrive here 1 thisAFP - 339 words
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Article, Illustration59 1979-08-02 3 Maria de Loures Pintasilgo (right) yesterday took office as Portugal's first woman Prime Minister and head of its 11th government since the 1974 revolution. Her main task Is to prepare for the November general election decided by President Antonio Ramalho Eanes as the only democratic way outAP photo - 59 words
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690 1979-08-02 3 UPI. CHINA'S new investment code leaved many gray areas concerning taxes, employment practices and patent rights. Essentially, the Western capitalist is invited to invest in China on the basis of "trust." The nation's first foreign investment code is an attempt to protect itsUPI. - 690 words
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214 1979-08-02 3 AFP. ONE million workers in several thousand collectively-ownedenter-prises in Shanghai are producing consumer goods for both domestic and foreign markets, in addition to filling orders from large state-owned plants. Shanghai's collectivelyowned units have played a large role in providing jobs for educated youth, theAFP. - 214 words
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Article327 1979-08-02 3 THE INSTITUTE of Bankers, Malaysia (IBM) will launch the first stage of its two-tier education examination programme specially structured to meet the country's needs for strong financial and banking services. This will be in the form of a Stage One examination, beginning next April,327 words
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Article258 1979-08-02 3 THE MALAYSIAN Airline System (MAS), having suffered substantial revenue and fixed charge losses due to the grounding of its two DC-10 aircraft, is considering whether or not it should take legal action against the manufacturer of the jumbos, McDonnell Douglas Corporation. Confirming this, the airline's secretary and258 words
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813 1979-08-02 3 SPURRED on by the continuing buoyancy of the export sector and increased demand for housing, the overall activity in the Malaysian economy expanded at a fairly rapid rate in the first quarter. According to Bank Negara in its latest quarterly Economic Bulletin813 words
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624 1979-08-02 3 AFP. AUSTRALIA'S inflation rate for the previous 12 months as measured by the consumer price index (CPI) hit 8.8 per cent and is expected to get worse. Last August, Australia's Treasurer John Howard said, when bringing down his 1978/79 budget, that "inflation isAFP. - 624 words
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Page 3 Advertisements
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Advertisement42 1979-08-02 3 This announcement appears as a matter of record only. US$lO,OOO,OOO The Dai-lchi Kangyo Bank, Limited U.S. Dollar Floating Rate Negotiable Certificates of Deposit due July 30,1982 Manager Morgan Guaranty Pacific Limited Agent Bank Morgan Guaranty Trust Company of New York August 197942 words
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Advertisement143 1979-08-02 3 Who needs a computer to automate, v v f the Accourifs Receivable System?,^? You don't -Not with C 'j< k4 You can automate System with CPS Mir Accounts Receivable (AR) a one-time fee of 553,500.00. You do not need expensive computer professionals, to. automate the AR System. Your AR reports143 words
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RAW MATERIALS
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399 1979-08-02 4 THE PALM Oil Refiners Association of Malaysia (Poram) feels that some sort of control on the exports of crude palm oil should be enforced to ensure sufficient supplies fo local refining. Mr Paul Yap-Singh, executive secretary of Poram, said this could perhaps399 words
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195 1979-08-02 4 THE PRICE of Indonesian origin coffee has become unattractive since the introduction of new taxes on coffee exports, Dutch market sources said. Last week, Indonesia lifted a ban on issuing new coffee export licences but at the same time increased the minimum coffee export registration price195 words
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Article345 1979-08-02 4 TRADING on the Singapore produce market was generally light and the overall trend was mixed. More commodities tended lower in sympathy with the weaker trends prevailing overseas. Peppers continued to hold steady on fair support from overseas. Sales, however, were still light as there remained a small gap345 words
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Article151 1979-08-02 4 WHEAT futures on the Chicago Board of Trade closed five to six US cents a bushel lower on Tuesday. Traders said heavy sales by a professional and an exporter sent prices tumbling following an initial rally on local short-cover-ing and commission-house buying. As buying interest dwindled, wheat prices failed151 words
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Article152 1979-08-02 4 CHICAGO soybean futures l on Tuesday closed 6 1 to 2 '/t US cents higher following < strong commercial support < near the session's end. 1 The nearby August I showed the strongest gain which traders said resulted on local buying and from commission-house stop-loss 1 buying. < One152 words
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Article299 1979-08-02 4 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0 95. 100 per cent second class 0 85. 100 per cent third class 0.80, 25 per cent new crop no stock, B-10 per cent 0.70 THAI BROKEN: A-super 062.299 words
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Article192 1979-08-02 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) (Mm ywi: China Blue Phoenix 20s 2.265 32s 2.800 40s 3.020 (per bale o( 400 lbs). Pteee giiis: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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Article225 1979-08-02 4 THE SINGAPORE rubber market yesterday opened some 3/4 of a cent lower following Tuesday's afterhours softness and thereafter lost a further 1.50 cents on profit-taking and some selling interest, but recovered slightly on some covering interest and demand for August Ones. Trading was light throughout, dealers said. The morning225 words
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Article402 1979-08-02 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. 296 00 297 OON 294.50 295.50N Int. 1 R.S.S. August 294.25 294.75 293 00 293 50 Int. 1 R.S.S. September 293.25 293.50402 words
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Article128 1979-08-02 4 NOON SSR and SMR pncm yesterday RAS Amrual Septra tor (Curren it Mlh) (Forward Mtb) Buyers Sailer* Buyers Sellers SSR 20 (IK! i pallet) 280 SON 282-SON 280.50 282 50N SSR 50 (1 UK i pallet I 277 50 279 50N 277.50 279.50N MRELB SMR CV 11-UK128 words
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Article83 1979-08-02 4 THE STRAITS tin price in Penang yesterday recovered Ms€ to $1,87S a picnl. After the recent gradual declines, the market gained marginally following the overnight recovery in London and renewed inquiries from the US and local traders together with some European demand, dealers said. The weakness in sterling83 words
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Article31 1979-08-02 4 Rubber: Aug 1 Singapore: August: 293.00 cents (down 2.75 cents) Malaysia: August: 292.50 cents (down 3.00 cents) Tin: M$ 1,876 (up $6) Official offering: 202 tonnes (down 23 tonnes)31 words
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Article137 1979-08-02 4 THE SUGAR futures market yesterday closed little changed in continued quiet trading, dealers said. September closed at 8.45/ 50 US cents against Tuesday's 8.40 45 close, May at 10.35/80 against 8.85/90 and July unchanged at 10.65/ 70.70/75 cents. Sugar futures closing prices: Prevtaaa ClMUg Claatag Sept 8 45137 words
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Article604 1979-08-02 4 COFFEE: Coffee futures yesterday finished a quiet morning officially steady, with gains of £9 to £5 per tonne. Turnover totalled 1,147 lots including 10 options. The market staged a partial recovery in thin trading towards the close prompted by continued easiness for sterlihg, traders said. Prices had opened604 words
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Article75 1979-08-02 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Tue> Previous Malaysian 5%ffa bulk per tonne unch 654 -sir September Sumatra 5% ffa bulk July unch 680pd August unch 665pd September 660/662 .> pd 662 /665pd October 657 1 /650pd 662 1 /660pd November75 words
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ASIAN STOCKS
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617 1979-08-02 4 TOKYO Source: DBS-Daiwa MARKET sentiment yesterday continued bullish, centring on low- and medium-price shipping. shipbuilding, light- and heavy-duty electrical and nonferrous metal issues. The Nikkei Dow-Jones average gained for the fifth straight session. Turnover was also extremely large exceeding GOO million shares for the first timeSource: DBS-Daiwa - 617 words
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Article274 1979-08-02 4 THE STOCK market yesterday closed mixed with losses in the majority in the absence of buying support, dealers said. The Book Qub index dropped 1.37 points to 150.63 on turnover of 36.2 million baht. AUG 01 Bants Asia Credit Asia Fibre Ayuthajra In*. And Trust Bangkok Investment Bangkok Bank274 words
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Article270 1979-08-02 4 DESPTE the worsening money supply figures, the market yesterday opened better on overseas buying and some local short-covering. AUG 01 HKS Amal Rubber 4.15N Associated Hotels 3-25 015 Bowaters Cheong Kong 13 BO 03 China Engs China Light 4 225 unch 21.50 unch City Hotels City Urban Comsopol Cross270 words
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Article278 1979-08-02 4 THE MARKET yesterday closed slightly firmer, with diamond stocks and a number of speculative oil exploration stocks actively traded, dealers said. AUG 01 Cents INDUSTRIALS A C. I. 187 1 A N L 172 -3 A P M 125 -2 Ampol Pet 96 unch B H P 820 12278 words
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Article116 1979-08-02 4 THE MARKET yesterday closed with commercial mining and oils and turnover slightly lower at 4.4 million pesos against Tuesday's 4.8 million, dealers said. AUG 01 Pesos Acoje Mining .0078 -0 0004 Atlas Con A Atlas Con. B. 18.50 -fl.l Baguio Gold 006 -0 0002 Benguet Con B BF Goodrich116 words
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Article62 1979-08-02 4 FINANCIAL TIMES INDUSTRIALS Tuesday 454.2 Monday 451.0 Week Ago 467.0 DOW JONES AVERAGE INDUSTRIALS Tuesday 846.42 Monday 838.74 Week ago 829.78 LONDON DOLLAR PREMIUM Tuesday 23'> to 24'4 Monday 23 1 < to 23"« H.K.HANG SENG Wednesday 616.63 Tuesday 605.23 Week ago 594.80 SYDNEY INDUSTRIALS Wednesday 485.97 Tuesday62 words
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Page 4 Advertisements
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Advertisement386 1979-08-02 4 From Vlw #Mn HoMnMfon vouth «n Youth in the Army This book is a collection of case studies and sketches of army boys: of the ordinary foot soldiers, the officer-cadets, and the problem soldiers and soldiers fallen into drug-taking. There is also a succinct discussion of military life of the386 words
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OVERSEAS
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289 1979-08-02 5 NYT A GOVERNMENT index that sometimes points out the direction of the nation's economy continued to be erratic in June, the US Commerce Department reported. Despite the monthly changes from a decline in April to a rise in May and another decline in JuneNYT - 289 words
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577 1979-08-02 5 Agencies. USING a modernised, coalburning electric power plant as a backdrop, US President Carter declared his determination "to see American coal help light our way towards a future of energy security. "I will not permit our country to fall further and further, eachAgencies. - 577 words
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Article861 1979-08-02 5 ARRIVALS Service Local Operator Number Time From SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL RBA BI421 0930 BWN MAS MH671 0945 PEN KUL CPA CX710 1005 HLP GIA GA980 1030 HLP MAS MH605 1045 KUL SIA SQ103 1045 KUL SIA SQ211 1045861 words
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255 1979-08-02 5 Reuter THE Confederation of British Industry (CBI) expects a £2.5 to £3 billion (5512.2 to 14.7 billion) British balance of payments current account deficit in 1979 against a surplus of £440 million in 1978, with a slightly smaller deficit expected for 1980. ItReuter - 255 words
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Article102 1979-08-02 5 AP AMERICAN steel imports for June dipped by about 290.000 tonnes, with the largest decrease coming from Japanese steel producers, the American Iron and Steel Institute said on Tuesday. Imports totalled 1.36 million tonnes for the month, said the institute, a Washington-based association. In May. about 1.65AP - 102 words
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Article, Illustration66 1979-08-02 5 AMERICAN President Carter leaning across the roof of his car to shake hands with well wishers along a parade route through Bards town, Kentucky on Tuesday. Mr Carter climbed on top of the car as the parade moved through the town on the wayAP photo. - 66 words
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Article337 1979-08-02 5 Reuter THE current West German economic upturn will continue into the second half but at a slower pace than earlier this year, while the growth rate will ease considerably in 1980, the IFO Economic Research Institute said. In its latest report it expects gross national productReuter - 337 words
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Article122 1979-08-02 5 AFP NIGERIA'S takeover of British Petroleum's stake in the country's oil operation yesterday meant the loss of BP's 20 per cent stake in Shell-BP, which accounts for half of Nigeria's daily output of 2.4 million barrels of crude, as well as its daily offtake ofAFP - 122 words
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WORLD IN BRIEF
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Article573 1979-08-02 5 Agencies. THE US Senate gave its final approval to a US$l.9B billion foreign aid bill that contains money for a proposed international technological centre the senators had rejected two weeks ago. The institute is intended to help developing nations solve problems through scientific and technological innovations.Agencies. - 573 words
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Page 5 Advertisements
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Advertisement459 1979-08-02 5 Business Times' National Day Feature: The New Industrial Society < .2- V- ®3t /i 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 of the latest NWC459 words
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381 1979-08-02 6 GRATIFYING as the thought may be that the new headquarters-cum-hangar facilities of Singapore Airlines will be put up by a local contractor, there is very little doubt that this is but a tiny step towards redressing the enormous inroads made by foreign381 words
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Article328 1979-08-02 6 THE old adage that Silence is Golden can seldom in the world of finance have been so apposite as in the recent takeover talks between Guthrie Corporation and its local subsidiary Guthrie Berhad. There will now be no bid for that portion of the328 words
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Article244 1979-08-02 6 Richard Goes - Letters to the Editor Li Richard Goes Dear Sir, Our Bank in Singapore is not a newcomer to the field of foreign exchange advisory services in Asia. Marine Midland Bank's International Treasury Management (ITM) Group has been actively advising Asean, Japanese and Australian clients since244 words
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Article, Illustration988 1979-08-02 6 RYUNOSUKE IORI - Watch makers worldwide are making a beeline for Asia, with its lower labour costs and available technology, reports RYUNOSUKE lORI RYUNOSUKE IORI Depthnews AS EUROPE'S historic dominance of the clock and watch industry continues to falter, Asian watchmakers, particularly Japan, are cashing in on the boom. Switzerland'sDepthnews - 988 words
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304 1979-08-02 6 Dear Sir, With reference to the recently published Sale of Commercial Properties Act, 1979 and the Sale of Commercial Properties Rules, 1979 we would be obliged if the Controller of Housing or the Minister concerned would kindly clarify if we, as owners304 words
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Page 6 Advertisements
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Advertisement118 1979-08-02 6 S s ml j, iN 5.V m v s 4? Eg o:o jt <* r»i r#iS i v Fft YZk I r» 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 affluent118 words
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Page 6 Miscellaneous
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Miscellaneous1337 1979-08-02 6 Some food for thought YOU'LL have to look to Chaaael 8 for ynr readymade entertainment toaigkt. There is very Utile worth watchlag oa Chaaael 5. Al I.l* m Chaaael 8 is lanovstors "If. Tmlgkt students tram Raffles lastitation present "Food Eacoaaton". As we deal knew exactly what sart of encounters1,337 words
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Article859 1979-08-02 7 PHILIP BOWRING - The infant Indonesian stock market in Jakarta is expected to receive a boost this autumn with the making of an issue by the local subsidiary of BAT Industries of the UK, reports PHILIP BOWRING. PHILIP BOWRING. IN THE most significant development for Jakarta's tafant stock859 words
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Article643 1979-08-02 7 JON WORONOFF - JON WORONOFF reports on the unique relationship between the gangsters and the police in Japan. JON WORONOFF FT A TEAM of well drilled detectives recently raided the Tokyo headquarters of a leading crime gang, or gumi. In a swift swoop, the team bust into the gang's downtown officeFT - 643 words
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Article448 1979-08-02 7 ERNEST HOLSENDOLPH - By ERNEST HOLSENDOLPH NYT •NEIL Edward Goldsch}midt, nearly all of his •friends and acquaintances Jagree, is at once one of the •brightest, most prankish and most purposeful of •men. Goldschmidt, the 39-*year-old Mayor of Portland, Oregon, who was nominated by President Carter to be Transportation Secretary, isNYT - 448 words
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Article199 1979-08-02 7 "JUNK mail" the advertising literature regularly sent out by the sackful, particularly by publishing companies is usually intercepted in offices by the secretaries of the addressees and immediately thrown into the waste-bin. But the Asian Wall Street Journal has discovered a most effective way of ensuring199 words
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Article991 1979-08-02 7 JOHN TAN - FORUM. With JOHN TAN THE LITTLE flutter experienced by Singapore's motorists and taxidrivers in the last two weeks appears to have faded. The oil crisis, as far as the Republic is concerned, has passed. Well, perhaps, perhaps not. It is perfectly obvious now that taxis991 words
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Page 7 Advertisements
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Advertisement359 1979-08-02 7 rr _U Hamlyn Paperbacks THE HEIR —by Christopher Keane When oil was discovered in a small desert sheikdom, the dogs of war begin to gather and Rama Khan's homeland falls prey to giant corporations and hired mercenaries. Accustomed to the civilized delights of the West, this international playboy, businessman and359 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article278 1979-08-02 8 JULY 31 Frs CORBEILLE Air-Liquide 478 unch B S N Gervals Danone 640 -6 CSF (ThomsonCsf) 374.90 29 Cie Franc aise des Petroles 191 10 <4 Compagnle Fln|nr|#r# Compagnie Generate 338 -1 Credit Fonder Ue France 478 -3 Hachette (Llbralrie) 222 >4 Machines Bull 55 20 -005 Michelln (B)278 words
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Article193 1979-08-02 8 JULY 31 Fls abn 338.00 -0.5 Ahold 88.20 -03 Akzo 27 80 -0.1 amev 83.30 03 Am fas 10# 50 -0.4 Am rot Bank 70 00 03 Berg oss M 00 -03 Berk 94.10 -0.7 Poll 86.40 03 Borsumi] 184 00 -03 Burhmann 8130 -02 Byenkorf 70.10 -02 Calve193 words
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Article188 1979-08-02 8 JULY 31 Francs Actions Suisse* Alusulsse Br. Alusulsse Reg Brown Bo vert Br Clba Oelgy Br Clba Oelgy PC Clba Oelgj R*f Credit Suisse Br Credit Suisse Rec Elektrowatt Br. George Fticher Br Globus Pc 2S6 1250 405 1880 1255 1025 682 2230 428 2100 80S 415 3025B 1188 words
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Article212 1979-08-02 8 JULY 31 Dm Aef-Telefunken 47 -50 -03 Air so 25.30 -0.5 Alls Leben 756.00 •J Alls Vers 467 00 -1 BASF 138 80 01 Bay H T Wbank 252.00 Bay Vbank 277 40 44 Bayer 130 JO 0.9 BBC 283 SOB BMW ***** -1-5 CasselJa 345 00 Chem Vertr212 words
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Article96 1979-08-02 8 JULY 31 m FORWARD MARKET Acec 419 unch Arbed 2515 5 Astur 541 •2 B rue an 516 unch Bru-Lamb 1790 Canpac 836 478 -14 Cock unch De Bc«rs 24e -S Ebes 21(5 unch F.lectrobel 6490 20 Gb-Inno-Bm 2830 unch Oe* 1180 unch Hobok 2950 -30 Petro 5000 -24096 words
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Article103 1979-08-02 8 JULY 31 Lire Anlf is -0 25 Assoc Gen ***** -390 B&stoft 774 2 Central* 5615 -95 Flat 2863 19 Ftnslder 141 M) unch Gen Immob S3 0 25 IFI pn 2485 -13 Italcemenu ***** -330 I taigas 830 -20 Italstder 370 Mafneti M PI 656 -5 Marelll Ere103 words
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Article1331 1979-08-02 8 NEW YORK BANKING and financial issties were a feature of a broad stock market gain in active trading on Tuesday as investors continued to respond positively to the nomination of Mr Paul Volcker as Federal Reserve Board chairman. The Dow Jones industrial average rose 7.68 points1,331 words
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Article193 1979-08-02 8 JULY 31 CS ♦4 39* S Algoma 27 244 -4 Bank Nova Scotia 23* Bell Tel 2W Beth Corp 274 v, 22 l Camp Red Lake 22'« 4 Can Imp Bk 28 •4 324 4 Canpac Inv Pf I«4B unch Car ling OKeefe b 40 Si 14H -4 Cons193 words
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Page 8 Advertisements
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Advertisement555 1979-08-02 8 See Page 4 for Asian stocks See Page 9 for Jo'burg prices Where to wine, dine and entertain lllrilu JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open daily 12 noon 3pm 6.30 p.m. 10 30pm For reservations call *****77 Vutiirv Park Silwrnton SHERATON HOTELS AND INNS555 words
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Advertisement55 1979-08-02 8 Wf "ft t' :M j' i l 1:11 THE RIGHT LIGHT DRINK FOR A SERIOUS LUNCH Cool, refreshing, lifts you up Pink, light, doesn t Knock you down Only discerning palates can acquire this new taste sensation C«mp«r. A Tonic Campar. 6 Soda Campan TUP Ca>r>p*r. O'ange Campari You So*55 words
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BANKING AND FINANCE
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599 1979-08-02 9 euter THE unexpected rapid growth and activity of the Malaysian Bankers Acceptance Market has already pushed several banks to the upper limits of their secondary market placement quota, prescribed by the Central Bank, commercial bankers said. Since its inception three months ago, theeuter - 599 words
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Article143 1979-08-02 9 THE Hongkong and Shanghai Banking Corporation is one of a consortium of three banks which have proposed the establishment of a merchant bank in Papua New Guinea. Mr Barry Holloway, the Papua New Guinea Minister for Finance, said that detailed discussions among the Department143 words
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1160 1979-08-02 9 COLIN CHEE - By COLIN CHEE IT MUST BE more than a mere article of faith when it is said of an object that its only competitor is cash. This is what the men at American Express Company like to think of a small plastic1,160 words
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MONEY AND EXCHANGE$
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Article525 1979-08-02 9 THE US dollar was generally traded down on the foreign exchange market yesterday without any new factors to give it strength. Sterling saw some volatile trading, moving within wide margins. Against the yen, the US dollar started off at 216.90 05 and was eventually traded down to 216.60525 words
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Article123 1979-08-02 9 STERLING was yesterday quoted steady at U552.2430 40 in moderately active afternoon trading, above its 2.2390 morning low but still easier on New York 2.2450 525 close, dealers said. The US dollar was steady against the yen in quiet trading at 217.00 10 yen. up from the morning's 216.80123 words
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Article21 1979-08-02 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8.25 per cent.21 words
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Article190 1979-08-02 9 Asian rates ASIAN currency deposit interbank rates as at close on Aug 1: US Dollan(Spot) Offer Bid 7 days 11 10 T 1 month 101/16 10 3/16 2 months 10 13/16 10 11/16 3 months 111/16 1015/16 6 months 11'. 11 9 months 10 13/16 10 11/16 12 months 1013/16190 words
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Article48 1979-08-02 9 RANGE of prices offer* count houses on Aug 1: Overnight y.» Call deposits y,< Closing Buying d by selling 3 month Treasury bills 5 3 month Bank bills T3 month CD 7 k 6 month CD 7' i 4 7'. 7'.. 7» Source: National Discount Co Ltd.48 words
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Article47 1979-08-02 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $30 million 91-day Treasury bills to be issued from Aug 6 to Aug 8 and on Aug 10. Each tender must not be for less than $250,000.47 words
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Article67 1979-08-02 9 QUOTES on the Australia and New Zealand exchanges on Aug 1: AUSTRALIA: US dollar 0 5043 0 4980 Sterling 1.1306 1.1257 Ninety-day airmail buying rates: Sterling 0.5259 US dollar ***** Ninety-day forward buying rates: Sterling 0.5094 US dollar 1.1321 NEW ZEALAND. Reserve Bank midrate US$1.0172 Trading Bank indications: Sterling67 words
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Article276 1979-08-02 9 GOLD prices on the Gold Exchange of Singapore yesterday closed generally easier but above the day's lows in fairly moderate trading, dealers said. Prices initially fell by up to US$6.3O an ounce on some stoploss selling reflecting the metal's easiness in Hongkong and other overseas markets but recovered in276 words
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Article333 1979-08-02 9 STERLING yesterday opened above the lows reached in markets overnight but in line with Tuesday's close against the dollar, dealers said. They attributed the initial sell off of sterling on Tuesday to the fact that Nigeria had reduced the credit period for oil payments, while news that it is333 words
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Article164 1979-08-02 9 THE US dollar for overnight delivery yesterday closed slightly higher at 216.95 yen, compared with 216.90 at both the opening and at Tuesday's close. Trading was quiet with volume US$4O6 million. The dollar edged up in thin late trading on import covering by Japanese traders and buying by Japanese164 words
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Article306 1979-08-02 9 JULY 31 Rand INDUSTRIALS A Alpha 156 unch Abercom 225 -3 AE And CI 450 unch AMIC 1500 unch Barlows 503 -2 Cg Sugar 665 5 CNA 250 unch Currle Finance 85B De Beers Ind Edcon Z 330B Edgars 4000 unch Eveready Fed Volk 195 unch Fugtt 125 3306 words
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Page 9 Advertisements
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Advertisement81 1979-08-02 9 African Development Bank U.S. $40,000,000 Floating Rate Notes due 1983 For the six months 30th July, 1979 to 30th January, 1980 In accordance with the provisions of the Note notice is hereby given that the rate of interest has been fixed at 11 j per cent and that the interest81 words
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Advertisement264 1979-08-02 9 jaaoK BK 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. The War264 words
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BUSINESS DONE ON THE SES AND KLSE
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Article1282 1979-08-02 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 deal1,282 words
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Article151 1979-08-02 10 4 1/2% 1/8/80 (250.000) (99.158 99.255) 4 3/4% 15/8/80 (250.000) (99.308 99.406) 5 1/4% 1/3/81 (250.000) (***** *****) 5% 15/4/81 (250.000) (99.208 99J08) 5% T F 1/5/83 (250.000) (100.068 100.196) 5 3/4% T F 15/8/81-84 (250.000) (101.50S) 7% 15/4/85 (250.000) (*****8 100.906) 7% 1/8/85 (250.000) (100.758 100.856) 7151 words
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Article90 1979-08-02 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 (1.20) (0.268 0.325). Hune F E (Sept $1.60) (0.378). laebeape (Sept90 words
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Article155 1979-08-02 10 S'pore Growth Fund 1.08 1.13 SINGAPORE UNIT TRUST INCOME BOND UNIT (Managers' prim i tor A* (Carre* t prl keea) The Commerce 2.03 2.15 Income Bond 111 1.16 The Saving Fund 1.33 1.41 S pore Prog Fund 0.96 1.00 S pore Sec. Fund 163 1.73xd MARA BUMPUTRA S155 words
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Article2566 1979-08-02 10 1979 High Low Company Last Sale orGr's Div Div C'vr Gr's Y'ld Net P/E Vol COOO) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 190* 142 180 265 74'. 252 350 215 380 207 123* no 140 255 57'j 185* 226 177 256 Acma Alcom Allied Choc2,566 words
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Article1507 1979-08-02 10 BID and otter 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 INDUSTRIALS AJUmmU <2 628) Alcmb (1.81S) (4) 1 80 Alex H*M (1.325)1,507 words
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Article, Illustration732 1979-08-02 10 GUTHRIE Berhad stores nine crashing nnder selling pressare ml the Stock Exchange d Singapwe yesterday following the UMUfemeit by its parent company, Gathrie Corporation, that it daes aat intend to praeeed with its earlier proposal to hay ■p the 27 per eeat minority- interest. The732 words
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Article437 1979-08-02 10 PRICES were dealt to a quietly mixed close in continued sluggish trading on the Kuala Lumpur stock market yesterday. Traders were unwilling to commit themselves in the absence of any incentives. Thus, with market sentiment remaining at a low ebb, total turnover yesterday amounted to 1.402437 words
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Article60 1979-08-02 10 MALAYAN CREDIT: AGM to be held in Mandarin Court (4th floor), Mandarin Hotel, Singapore, at 12 noon on Aug 11. SPP Ltd: AGM to be held at 315, Alexandra Road, Singapore, at 10.00am on Aug 14. Treaggaan Development and Management Bhd: AGM to be held at 1st Floor,60 words
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COMPANY NEWS
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564 1979-08-02 11 DAVID CHOW - By DAVID CHOW FEDERAL Cables, Wires and Metal Manufacturing has turned in a good set of results for the first six months ended June 30, and seems all set for a record level of earnings in the current year. At half-time, the564 words
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729 1979-08-02 11 CHAN BONG SOO - MONTH THAT WAS By CHAN BONG SOO INVESTOR sentiment in the Singapore stock market in the month just past was rather uncertain as investors and short-term traders attempted to size up the latest developments both at home and abroad. After initial strength on what was729 words
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Article, Illustration73 1979-08-02 11 SINGAPORE Glass Manufacturers' Henderson Road property, comprising 823,717 sq ft was sold for a cash consideration of $19.36 million via negotiations with a number of parties on a tender basis. In reply to queries from the Stock Exchange of Singapore, the company stated that the sale raised73 words
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Article90 1979-08-02 11 UNITED Overseas Land Ltd reported group pre-tax profit of $4.25 million ($2.75 million) for the six months to June 30. Parent company pre-tax profit was $3.17 million ($643,000). The company said interest charges of $2.15 million relating to carrying cost of property of subsidiary Mount Echo Park90 words
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280 1979-08-02 11 OFFICIALS of Datuk Keramat Properties are to meet with the Malaysian Capital Issues Committee in Kuala Lumpur next week to discuss the long delayed listing and quotation of the company's shares. One of the issues under discussion will be the key problem of280 words
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Article, Illustration504 1979-08-02 11 arcxscu, by HOCK LOCK SIEW ON A PROMINENT spot in Geylang Road, an edifice rapidly taking shape may prove to be not only the largest project ever undertaken but also the biggest ever profit bonanza for property developer, City Developments. Cinema audiences have already been preparedby HOCK LOCK SIEW - 504 words
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Article29 1979-08-02 11 said that the Registrar of Companies, Malaysia, has approved the change of name of its wholly-owned subsidiary, Inexco Sdn Bhd to Tong Bee Realty Sdn Bhd.29 words
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Article23 1979-08-02 11 share- holders have passed the resolution at the EOGM effecting the capital repayment of 75 cents per share of $1 each.23 words
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Article17 1979-08-02 11 said that Mr Raymond George Stokes Nairn has been appointed to its board of directors.17 words
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Article109 1979-08-02 11 recent sale of Hotel Grand Central has drawn queries from the KLSE. The exchange wants to know how the price of $4.7 million was arrived at, the reasons for the sale and the net profit and loss attributable to the hotel. The exchange also wants to know109 words
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Page 11 Advertisements
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Advertisement133 1979-08-02 11 SSBHB imTrTTTTriTm' (Incorporated >n lh« Republic ot S>ng«por«) INTERIM RESULTS 1979 The Directors of Sembawang Shipyard Limited announce the unaudited trading results of the Company for the first six months of 1979. FIRST HALF (January June) 1979 1978 Profit Before Tax 5519,797,000 5511,021,000 The increase in profits has been as133 words
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Advertisement254 1979-08-02 11 Now! The Buku Merah offers you an ever more effective way of selling your products and services In the Buku Merah's 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 that254 words
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346 1979-08-02 12 CHOO AI LENG - By CHOO AI LENG BUSINESSES in Singapore intending to computerise their operations must be prepared to spend the same amount or more for computer software as they do for hardware equipment. This is to ensure successful implementation of a computer system. Software application packages346 words
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125 1979-08-02 12 THE Minister for National Development will be asked at the next sitting of Parliament how many applications for change of use of premises into association offices have been rejected since 1977. Mr Ho See Beng (Khe Bong) also wants to know whether steps have125 words
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Article60 1979-08-02 12 METER READERS from the Public Utilities Board will be reading all 1.2 million meters in service during August. This is to obtain actual meter readings for billing under the revised electricity and gas rates, effective from Aug 1. Meter readers who visit homes in the evenings60 words
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347 1979-08-02 12 UPI BRITAIN told the opening session of the Commonwealth Summit Conference on Wednesday that it was working toward a black majority rule solution in Rhodesia acceptable to the international community. Other nations warned that sweeping changes must take place in theUPI - 347 words
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234 1979-08-02 12 MALAYSIA will welcome any foreign delegation whose findings will help convince their respective governments of the gravity of the refugee situation, Malaysian Deputy Foreign Minister Datuk Mokhtar Hashim said. The findings will help speed up the decision making processes of these governments and234 words
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Article97 1979-08-02 12 FIRE broke out yesterday morning on board a coastal tanker killing three of its crew and injuring five others during the loading of bunker fuel at Esso's Pulau Ayer Chawan refinery. The tanker, Seiko Mara, is on time-charter to Esso and is used to97 words
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Article, Illustration384 1979-08-02 12 TSANG SAU YIN - By TSANG SAU YIN THE Housing and Development Board (HDB) will introduce seven new building designs in its estates in future. In Ang Mo Kio, work has begun on a single, 25storey block which will feature circular five-room flats. There will be four on each384 words
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390 1979-08-02 12 SINGAPORE has withdrawn its bid to be the host of the 1983 Pacific Area Travel Association (Pata) annual conference. But the Singapore Tourist Promtion Board is likely to bid for the Pata meeting in 1985. This is conditional upon the completion of390 words
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Article786 1979-08-02 12 LONDON, Wed. Share prices closed slightly firmer on a technical rally in quiet trading, dealers said. At 3pm the Financial Times index was up 1.6 at 455.8. Government bonds showed gains ranging to 7/8 point on the recovery of sterling in thin trading, dealers added. Industrial leaders were786 words
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Article89 1979-08-02 12 THE RATE of inflation in Malaysia next year is expected to be slightly higher and there will be some dopbt among manufacturers on the investment scene. Tan Sri Ismail bin Mohamed Ali, Governor of Bank Negara, said. This was the assessment he gave on the inflationary impact89 words
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Article98 1979-08-02 12 Reuter JAPAN extended a three billion yen (about 5J30.8 million) to the Asean cultural fund, fulfilling a pledge made by former Prime Minister Takeo Fukuda to the five-member association. This was the second and final installment of the five billion yen promised to Asean in 1977Reuter - 98 words
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195 1979-08-02 12 AN INCREASING number of foreigners who enter Japan on tourist visas are working in night-life establishments illegally. Disclosing this, the Immigration Bureau added that it picked up 486 foreigners in Japan last year, 143 more than in the preceding year, for engaging in195 words
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Page 12 Advertisements
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Advertisement133 1979-08-02 12 GUTHRIE BERHAD .(Incorporated in the Republic of Singapore aa 4 u Guthrie Berhad On 9th July 1979, the Directors of Guthrie Berhad announced that they had received a proposal from The Guthrie Corporation Limited ("The Corporation") which might lead to an offer to acquire the 27% of the issued share133 words
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Advertisement97 1979-08-02 12 w ps, KORN/FERRY r INTERNATIONAL PTE LTEH The world's largest executive search consulting firm, after four years in Singapore, has moved to larger premises at 1908 Orchard Towers Orchard Road Singapore 0923 Telephone: 235.4711 Telex ***** Offices elsewhere in Asia at MALAYSIA (temporary address) 43 Jalan Yap Kwan Seng (Sam97 words
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Page 12 Miscellaneous
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Miscellaneous63 1979-08-02 12 WEATHER Outlook for Singapore from 6 a.m. to 1 p.m. today: Scattered showers in late morning. Report for 24 hours prior to 7.39 p.m. on August 1 at the airport. Maximum temperature 32.6 Associated humidity 55 Minimum temperature 25.0 Associated humidity 95 Hours of sunshine 10.10 Rainfall in millimetres Nil63 words
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SHIPPING TIMES
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PORTSIDES
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Article98 1979-08-02 13 AFP JAPANESE vessels navigating in waters around Zamboanga in Mindanao, the Philippines, have been alerted against terrorist attacks, the Maritime Safety Agency (MSA) said. The alert, issued jointly by the Transport Ministry, the Fishery agency and the MSA, followed reports from the Japanese embassy in Manila warning againstAFP - 98 words
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Article78 1979-08-02 13 AFP HITACHI Shipbuilding and Engineering Co. of Japan has won a protracted bid to build two power plant barges and mooring facilities, and install transmission lines in the central Philippines, reports said. The Manila Bulletin newspaper said Hitachi submitted the lowest bid of 4,700 million yen (554.35AFP - 78 words
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Article64 1979-08-02 13 Reuter AUSTRALIA'S national dock strike could be costing the country's businesses up to Asloo million (Ss24o million) a day, the Sydney Chamber of Commerce said. Some 10,000 dockworkers walked off the job on Tuesday closing down Australia's 41 ports because of an inter-union demarcation dispute. Nearly 200Reuter - 64 words
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Article690 1979-08-02 13 RAHIM KASSIM - VOLUME FALLS 100,000 TONNES By RAHIM KASSIM FT. THE VOLUME of mineral- oil-in-bulk discharged and 1 loaded in Singapore fell marginally in May reflecting the worldwide squeeze on the supply of crude oil. 1 The total volume handled here dropped by some 100,000 freightFT. - 690 words
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620 1979-08-02 13 AFP FREIGHT rates continued to ease last week in quiet seasonal trading. North American grain was particularly dull in the early positions. But the tone in the East was well maintained. Soviet interest continued in the time section, although details were not readily available.AFP - 620 words
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2543 1979-08-02 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of2,543 words
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Article488 1979-08-02 17 Shipping Um Page CM ACS n 5 Afea IV 3 Alpac IV 5 Angonave V 2 Angkutan V 4 ANL I I APL m 2 Arya Nat n 5 ASCL m 5 Aust.Cont IV 5 Bank n 5 BBS n 2 Ben Asia m 3 Ben m 3 Ben488 words
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Article1000 1979-08-02 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 following1,000 words
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Article, Illustration642 1979-08-02 18 THE requirement of Israeli operator Zim to cary overlength cargo within the framework of a containerised service has resulted in an order for 50 x 20 ft Stakmasta units, of a new design developed by North Western Traile Co. to meet such special642 words
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Article1233 1979-08-02 18 ORIENT EXCHANGE Shipping rates are still undergoing adjustments to reflect changes in currency and bunker costs. In some routes with heavy competition, liners have delayed implementation of new rates for volume shippers. But this is viewed as very temporary. Increasing tonnages are moving throughout Asean. All sectors1,233 words
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472 1979-08-02 18 EGYPT plans a crackdown on joint venture shipping lines which do not register their ships under the national flag and charter foreign tonnage. The country has become more and more sensitive to foreign spending since the withdrawal of support from the other Arab League472 words
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Article233 1979-08-02 18 AFP. FEARS that Communist shipping has moved into and is dominating Third World trade routes can be discounted, a special report from Lloyd's monthly magazine Shipping Economist said. It showed that the bulk of East European shipping was busy trading with the industrialised nations and thatAFP. - 233 words
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Article196 1979-08-02 18 UPI FAR EASTERN freight rates continued to leek Ann by comparison with the North Atlantic bat little fresh fixing came to light. Global Dubai were reported to have booked a 33,(35 dwt motor vessel at US$ll,2ll (5523,4 M) a day for an early August trip from Japan toUPI - 196 words
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Article, Illustration474 1979-08-02 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Centaur (Passenger) (1600) 44 Golden Sea 707 (Tanker) (after Accord P/O Subject Gas Free) 13/14 Joo Hong (Tanker) (after Rezekne P/O Subject Gas Free) 15/16 Megh Doot (Tanker) (after Joo Hong P/O Subject Gas Free) 15/16 Ocean Hope (2000 after Barber Toba)474 words
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Page 13 Advertisements
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Advertisement401 1979-08-02 13 TANK CLEANING v M/e tHmKorSWhether you are sending it to the DOCKYARD for repairs the SCRAPYARD for scrapping or making a CONVERSION consult PIRAEUS MARINE SINGAPORE PTE LTO <£§tf JAR DIM AM AH Orient Overseas Co*dci*ieA Line 6'9 4/9 5/9 9 9 13/9 12/9 10/9 11/9 15/9 19/9 17/9 15/9401 words
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Advertisement261 1979-08-02 13 11l 3SI SEALORD ANTAH Mi UASC UNITED ARAB SHIPPING CO (SAG) GULF WEEKLY MULTI-PURPOSE SERVICES S pore I loading for 14/8 Kuwait (26/8). Dammam (29/8). Doha (31/8). Bahrain (3/9). Dubai (5/9) 24/8 ,na Qaboos (5/9). Dubai (8/9). Dammam (11/ 9). Kuwait (14/9) Dubai (12/9). Dammam (15/9). Kuwait (18/9) 7/9 Dubai.261 words
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Advertisement503 1979-08-02 13 NOL i NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES. FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE Sport P Rdarn fstcxw Hburg Awtrp C CONTAHER-i- 4 Aug 5751*21 »i* 22 Aug 24 Aug 26 Aug 27 Aug 29 Aug M COftU 14 Aug IS Auc 31 Aug I Sept 3 Sept 5 Sept 6503 words
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Advertisement767 1979-08-02 13 KYOSEI LINE JAPAN/SINGAPORE SERVICE See Page IV Column 3 for Sailings Agents KYOSEI AGENCIES (S) PTE. LTD. MARKETING *****2 GENE R AL *****1 A V sia EURO ASIA LINE SDN BHD K L *****7* P KLANG *****1/3 PENENG 64 781/2 For U S Pacific. Pwhc Norm West Gutl I Atlantic,767 words
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Page 14 Advertisements
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Advertisement789 1979-08-02 14 rHapag-Ltoydj FULLY CONTAHERISED TO EUROPE EXPORTS EXPRESS CONVENTIONAL TO EUROPE Spore PKetanf Ptn Mb* Peter IS 9 8 11/8 7/9 Etha IS 20/8 24/8 19/9 Ma I* 28/8 30/8 Genoa Bremer 31/8 20/9 18/9 11/9 28/9 26/9 5/10 3/10 15/9 13/9 24/9 22/9 30/9 27/9 FULLY CONTAMERISED TO GENOA/TWESTE TW789 words
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Advertisement369 1979-08-02 14 barber blue sea UrtWfMutSCJ Wfll Wl From: US ATLANTIC US GUi EAST CANADA CmtoM New Orleans I Oct 1 M«rt Load•r "BARBER NARA" Aug 1»/19 at BARBER LINES TERMINAL GOOOWN 47 To: CANADA srra Ml Mm 18li 1 Ml Miiffiiiiyiii'w Los AncHes San Francisco W/L f *PRfSS ARApI AHC .RAS369 words
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Advertisement824 1979-08-02 14 EVERGREEN LINE PAR EAST EUROPE EXPRESS EULL CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM, ANTWERP LE HAVRE ALSO ACCEPTNG CARGO FOR UNITED KKG DOM SOUTHAMPTON, LONOON. MANCHESTER. BIRMMGHAM BRISTOL, LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM S'pm Hanfarf Frintm Crtttrdam Wnrp L« Haw* (Mr Vtyaear 6A* 25 Hue824 words
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Advertisement795 1979-08-02 14 Everett Lines! Burm Five Star Shipping Corpn. m"BURMESE NATIONAL LINE" LOADING FOR RANGOON SVPm HTANTAWYWA PfW 303/5 flue PHASHWEGYAWYIM 17/19 Aim PAGAN 22/24 hut BFSSC Agent* m Motayvo TEPS MALAYSIA Port Kelong Tel (38) 7355 Penong Tel *****/***** Compania Argentina De ARGENTINE NATIONAL LINE' 10MHNG FIX DURBAN. CUPCIOMI BUENOS IKES795 words
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Advertisement597 1979-08-02 14 r 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 31 SANKYO LINE AUSTRALIA SERVICE P Ketaf Tlf RIVER In Port YUEMMI Safcd MAY PRICE 15/17 tag Singapore Loading for: 3/4 Aug FREM ki Port BRIS.597 words
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Page 15 Advertisements
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Advertisement690 1979-08-02 15 Overseas 111 Containers Limited Weekly service to/from UK/Europe To UK/Continent Kawf< Mara 5 Sep Out* Bit U Sep Benaider IS Sep Harnbwt Eipress 26 Sep From UK/Continent Ttkn Bit Carfgaa Bat —r.:, s*4 D s£! W W SaMd »3 hi IS H* KS i£.E. «22 w 32 nZ 21 Im690 words
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Advertisement1040 1979-08-02 15 RELIABLE I DEPENDABLE NON-CONFERENCE EXPRESS SERVICE WEST BOUND-FAR EAST/MEDITERRANEAN S pore P Ktiang Penang MV HMCffOW K2W 17 Aug MV MAN TAT 3111 9 Sep W.I KSSELS ACCEPTM CONTAMR CARGO P Six) Aleiandru Beirut UMatia Pneaus P Said Aieiandfia Beirut lat!ak>a Pireaus EAST BOUND-MEDITERRANEAN/FAR EAST M.V. MAN TAT V 22E1,040 words
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Advertisement801 1979-08-02 15 BENLINE CONTAINERS EXPRESS com AM* SERVICE TO/FROM EUROPE i Tokyo Bl» Kowtoan Bay Cariigan Bay Taka Eiprrss H BURG B HAVEN R OAM HAVRE SOTON Germany Austria Bentfui France At UK PKetang S'l SaM SaM Sated SaM SM SaM SaM SaM SaM SaM W SaM W W W SM SaM801 words
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Advertisement670 1979-08-02 15 Scan Dutch 9 in i rmmji .TTTimr i ivm LVi voi>:H:I»» I»j t i i »7i i) :»i: i»] i 2) Man* Hbw| 4) Gbwg S K*t lOHM* »10 14 10 14/14 ll'll 1) Gbwg 2) Hbwg 3) »«w 4) S) I* 01 Msedfcs »/t nn i/i 20/0 ■Ki torn670 words
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Advertisement706 1979-08-02 15 BOUSTEAD agencies THE BANK LINE LTD. LOADS FOR E. S. AFRICA FAMROMDt < Reunion Mailing! Durban CtOwn. Pf Eldnl katerma dracopouos ißruraod Durban Clown Pt Etu t londoni S pore 29 I Sep P *«ang 2 3 Sep Spore 3 6 Oct P Keiang 1 9 Oct LYKES ORIENT LINE706 words
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Page 16 Advertisements
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Advertisement1090 1979-08-02 16 K LINE KAWASAKI KISEN KAISHA. LTD. EUROPE EXPRESS SERVICE TO EUROPE P Ketang I Havre R dam C COW AIM R 2W N CORAL 14W C PAUL 17* k iaceiin iw N PEARI 16A 21 Aug 22 Aug 26 Aug 27 Aug 29 Aug 31 Aug 1 Sept 5 Sept1,090 words
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Advertisement891 1979-08-02 16 i m. U.S.A./EAST CANADA SERVICE Penanf P Ketang Singapore E.C./GREAT LAKES SERVICE LOAOMG FOR: MEN TOM. NORFOLK MONTREAL. TORONTO. ASHTABULA Penang Beiaaan P Keiang Seaport VBWA TEI" <C* Otcagt) 15/16 Aug 13/14 Aug 10/12 Aug VtSHVA OHMM" 30/31 Aug 21/21 Aug 25/27 CALIFORNIA/PACIFIC NORTH WEST SERVICE Load* to: LOS ANGELES.891 words
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Advertisement690 1979-08-02 16 r~ O S A(il'(Hl|) SINGAPORE SHIPPING AGENCIES PTE. LTD 2CTm floor ocean builoing Singapore t MARKETING *****2 (3 LINES) GENERAL 91 Jl 11 M 4 LINES) TELE* RS 2459S RS 2SS6B A B C ARSHiP C ABL E CARGOSHIP mm ILUuI! Kcgimial Container Lines WEEKLY CONTAINER SERVICE to/frooi BANGKOK BANGKOK690 words
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Advertisement754 1979-08-02 16 mis MALAYSIA* INTtR\ATIO*AI SHIPPING CORPORATION BffiHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BOIIP: I) kbtmo Stockholm Oslo Helsinki. 2) Copenhagen Aarhus. 3) Bremen 4) Antwerp Amsterdam UK S) Basle Boideaui Also accepting intermediate carpi to Hongkong I Japan EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT T| Mara S pore P Aelang754 words
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Advertisement854 1979-08-02 16 1 INTRASEA (PTC) LTD Faber House 234E Orchard Road Singapore 9 Telephone *****11 S3 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE 25 Aut 29 Aut S pore P. Kdanf Penant Loadnt tor: EVMAR W845 In Port Sated Boulogne R'dm Avon(UK) :.i NORASIA WB4S 25 Aut 29 Aut Avon (UK) Boulogne854 words
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Advertisement260 1979-08-02 17 mrsßmoML bulk TRflnswßTflTion tins 2nd Fir. Oriental Plaza, Jin. Parry, K L. Tel *****4 Telex KL. IBLINE MA ***** FAR EAST/STRAITS/EUROPE SEMI-CONTAINER SERVICE FALCON (K T«((tts) P Gudang S pore P Kelartg Penang R'dam H burg 15 Aug II Aug R'dam. Hbg. Awp, UK 6 Sept 9 Scpl -da StRAITS/EUROPE260 words
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Advertisement235 1979-08-02 17 CELTIC BULK CARRIERS tkccirdon Smith I me I td (ind Ir.sh Shipping I td Regular Bulk Service For Timber Plywood Gen«rai Agents Marathon United Agency Pte Ltd Spore TH: *****66 (3 Snes) SufrAgents Hardest Stappinc Semcei Sdn Bhd: HI TH ****** P. Retail Tel. 3*1103 FAR EAST WEST AFRICA SERVICES235 words
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Advertisement252 1979-08-02 17 i£i*e6 i&d RANGOON/CHITTAGONG/CHALNA SERVICE M.V. FIVE ISIAfDS ETA ETD In Port TBC CONTAINER SERVICE TO AUSTRALIA ETA ETD LOMNNG FOR: M.V. SUN EICRU.D Sited Sydney/Mefcowne/Adeiaide Fremantie Gtnertl Af«ih Gulfeast Shipping Pte Ltd Suite 704/706. Ocean Building. Collyef Quay. Singapore 1 Tel *****3 (10 lines) LIA N SOCN SHIPPING t TRADING252 words
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Advertisement197 1979-08-02 17 f.T. PERUSAHAAN RELAY ARAN *3 ANGKUTAN PERTAMBANGAN TIC ONLY SMGAPORE/MDONESIA CONTAMER FEEDER SERVICE AUTHORISED BY MDOfCSIA GOVERNMENT WITH FULL CONTAMER VESSELS EACH CARRVMG 112 TEU VESSEL SINGAPORE LOADMG FOR TAKARII 4/1 JUT ALSO ACCEPTWG CARGO FOR INDONESIA GOVERNMENT PROJECT AND HEAVY MACHWERIES TAKARI V U/l *T TAKARI VI hi Port197 words
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Advertisement328 1979-08-02 17 NOTICES SHIPPING SPACE TO MUSCAT Early September for 30 containers size 10' x 30' x 9' high weight 3 tons each. Offers to *****11 DONG St'E LINE N.V. DONG MIN VOY. irt» arrived T7.1.19 AT PSA G*d**n 44 A 41 General Survey on damaged cargo discharged ex the above vessel328 words
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