The Business Times, 9 August 1979
1979-08-09
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The Business Times
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Title Section10 1979-08-09 1 BUSINESS TIMES M.C.(P) No. 14J/1/7S THURSDAY, AUGUST lfl» 50 CENTS10 words
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BRIEFLY...
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Article53 1979-08-09 1 PRESIDENT, Junius Jayewardene of Sri Lanka will pay a state visit to Singapore in midSeptember to promote bilateral relations between the two countries. Sri Lanka's Prime Minister will also be here but earlier from Aug 22 to 26. During his visit, he will meet Mr Lee Kuan Yew53 words
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Article56 1979-08-09 1 AP BANGKOK, Wed. Vietnam today rejected documents released recently by China claiming two groups of islands in the South China Sea. A statement by the Vietnamese Foreign Ministry said Vietnam has "solid historical and legal grounds" to prove its "indisputable sovereignty" over the Paracel and Spratly islandAP - 56 words
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Article85 1979-08-09 1 Reuter KUWAIT, Wed. The United Arab Emirates (UAE) has offered to hold a summit conference of Arab countries of the Gulf and the Arabian peninsula, probably next month, the newsspaper Al-Siyassah said today. Quoting informed sources, the daily said the conference will discuss oil issues, including the positionReuter - 85 words
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Article75 1979-08-09 1 Reuter TOKYO, Wed. Japanese electronics manufacturers have been asked to study a basic plan to form a joint venture company to help develop the industry in China, Matsushita Electric Industrial Co said here today. Under the plan, the joint venture will have subsidiaries in various regions of China,Reuter - 75 words
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Article26 1979-08-09 1 LUSAKA, Wed. The venue for the next Commonwealth leaders' summit conference in 1981 will probably be Melbourne, Australian Prime Minister Malcolm Fraser said today.26 words
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Article63 1979-08-09 1 UPI NEW DELHI, Wed. India will launch a 17-ton rocket into space this week which, when modified, can be used as an intermediate range ballistic missile (IRBM), the Press Trust of India News Agency reported today. The satellite will be launched from Sriharikota, a small island in theUPI - 63 words
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Article57 1979-08-09 1 Reuter TOKYO, Wed. Share prices on the booming Tokyo stock market surged today in moderate trading, helping the market average top the 6,400 mark for the first time in history. The market average closed at 6,402.67 after touching a record high of 6,405.08 briefly in the morning trading,Reuter - 57 words
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Article72 1979-08-09 1 UPI NEW YORK, Wed. The stock market headed broadly higher early today as an institutional stampede continued for the second consecutive session. Trading was heavy. The Dow Jones industrial average, 11.26 points higher on Tuesday, was ahead 6.06 points to 865.86 in early trading. Tuesday's close was theUPI - 72 words
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Article138 1979-08-09 1 Rises Indices Malayan Tin 1780 50 Aug 7 Aug 8 Tasek Cement 378 34 B.T. Index: 2315.69 2352.15 Rahman Hyd 450 28 Industrials: 390.63 394.39 O C B C Nat Iron Rothmans 700 560 454 15 15 12 Finance: Hotels: 699.51 705.79 289.73 290.18 Magnum Corpn 412138 words
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Article, Illustration159 1979-08-09 1 Rises Indices SEA Corp Rahman Hy M A A MBS Carlsberg Malayan Jeram Tasek Prima OCBC B Raya Magnum C A C Bin tang P Chem S Dredge Utd Mai Minsec 1100 464 180 260 540 1800 336 380 260 700 207 412 292 378 452 520 530159 words
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Article830 1979-08-09 1 COLIN CHEE - GOVT POLICY ON WAGES By COLIN CHEE FOR the first time since the oil crisis of 1973, Singapore has achieved a near double-digit economic growth rate. In his eve of National Day message, Acting Prime Minister Dr Goh Keng Swee said Singapore's economy grew at830 words
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Article227 1979-08-09 1 OIL RATIONING may be expected in the eighties as PUB and petrol bills continue to rise. Singaporeans should therefore contribute to energy conservation by avoiding power wastage. This forecast was made by Dr Augustine Tan, the Member of Parliament for Whampoa, when he addressed his constituency's227 words
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724 1979-08-09 1 LEE YOKE MENG - By LEE YOKE MENG BONAIRE, a local trading company, has embarked on its biggest project so far the production in Singapore for the first time of giant colour television sets. Known as Telyrama, this new television brand will be introduced by Bonaire into the724 words
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253 1979-08-09 1 STRAITS Steamship kw waned thai Inflatlsaary pi assarts uWag (ran the reeeat all crista aad NWC erode profit iMrgl— The grsap, which relesscd Its laterlm re* suite yesterday, said thta will make prediction of the fall year's earnings difficult at this stage. Par253 words
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344 1979-08-09 1 WANG LOOK KEAH - By WANG LOOK KEAH A TEAM of Sumitomo Chemical engineers will be arriving this month to finalise details of the $2-billion petrochemical project in Singapore. The first group of specialists is expected this Sunday. Besides the engineers, top executives from Sumitomo headed344 words
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Article76 1979-08-09 1 AFP THE number of Indonesians visiting Singapore has dropped sharply since the rupiah devaluation last November, the Indonesian ambassador to Singapore said in Jakarta yesterday. Indonesians visiting Singapore totalled some 257,000 in 1970 and now they dropped by 20 per cent, he said after a meeting withAFP - 76 words
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Page 1 Advertisements
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Advertisement0 1979-08-09 1 @`~-|`<*{'^:@,])@^)$]^<}+`\==+>0 words
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Advertisement213 1979-08-09 1 THOMAS ROBERT ALDVAVS ONE STfP AHfAD the trained specialist... A THOMAS ROBERT BROKER br.fd ..t prof"Ssi■ jii.it insur in >i! lints. Just is sound tin in, mI :•< »t»ir<»l in». >v > tivf mark, tin.j mil j-r•. j»• •..iv- m.ii n-Hu-nt if.' rit, il t' i ,i i nine in213 words
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Advertisement74 1979-08-09 1 Leader... Page I Leader...Page C SHIPPING TIMES INDIAN eempater Ann plans to Mt Qp t REFUGEES reject Irelaad's effer if wicttlwDCßt* 3 AN aaalysis «l tfce Stagapore ©<»aeiiiy................................... 7 STOCK market repert 11 HOCK Leek Slew smells recovery la tke air 11 ALCOM makes a Strang cemebaek 11 Dbeeateat la74 words
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Advertisement150 1979-08-09 1 +[$:(?@.(<\+;<%-$'?:]:"&!:(_]%) Perfection and it does not cost ore than an ordinary ball typewriter. The moment you insert a sheet of paper into the Hermes 808 electric ball typewriter, you know you're in the hands of a very special machine. There is no manual insertion and paper adjustment necessary. The Hermes150 words
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TRADE AND INUDSTRY
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Article465 1979-08-09 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 Aug 13-27: Managing People At Work, NPB Town Training Centre, NPB Aug 22-23: How to Identify and465 words
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Article478 1979-08-09 2 TEO TECK WENG - By TEO TECK WENG SINGAPORE Squash Centre, owner of the 25court squash complex at Fort Canning, is interested in building and managing squash courts in commercial buildings and hotels here. It wants to build between six and eight squash courts in suitable completed buildings or buildings478 words
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Article359 1979-08-09 2 AN Indian computer firm intends to set up a manufacturing base in Singapore to export and service computer systems to West Asia. The firm, Hindustan Computers Ltd (HCL), will also manufacture mini and micro computers for the domestic and regional markets. To speed up359 words
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Article121 1979-08-09 2 AGS MANAGEMENT Consultants will be organising a talk on 'How Singapore Manufacturers Can Exploit the European Markets' at the Singapore Manufacturers' Association Conference Room on August 17. The main speaker will be Mr Christopher J West, managing director of Industrial Market Research Ltd, London. AGS is121 words
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Article, Illustration173 1979-08-09 2 THE GEORGE Kent group launched Its newest integrated process-control system used for Industrial processes yesterday. The computer, called the P4tM (sbovp) was first introduced in London four months ago and is now being marketed in West Germany, the Netherlands, Belgium, Switzerland, Czechoslovakia, Yugoslavia, West173 words
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Article291 1979-08-09 2 US manufacturers of computers and peripheral equipment, who took part in the recently concluded Computer America '79 exhibition, have forecast at least $18 million worth of business over the next 12 months. In addition, eight of the 28 US exhibitors sold about $1.5 million worth291 words
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Article, Illustration411 1979-08-09 2 SALES of Ricoh plain paper copiers and business machines have more than tripled in the last three and a half years since Wywy took the agency under its wings in February 1976. Wywy, one of the fastermoving, Singaporean-found-ed companies in the distributing411 words
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154 1979-08-09 2 THE Financial Times is organising a two-day seminar on aviation from Nov 20 at the Shangri-La Hotel The seminar on "Air transport in the developing world" is timed to allow the participants at the annual meeting of the International Air Transport Association from Nov 27 to154 words
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Article65 1979-08-09 2 THE NEW subsidiary of Sun Alliance and London Insurance Group. Sun Alliance Insurance (Singapore) Limited, has completed its First six months of business. At the half-yearly board meeting last month, chair- man Ang Keong Lan expressed satisfaction with the company's progress to-date despite extreme competition in the industry.65 words
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Article118 1979-08-09 2 THE GROWING leisure and boating market in Singapore has encouraged an Australian company. Pacific Nylon Plastics, to appoint a representative here to market its products. Mr J. Ayres, the representative, will market the firm's boat fittings and yacht ropes. The company will also be among118 words
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Article, Illustration194 1979-08-09 2 CATHAY Pacific Airways has appointed Mm ILawagacfcl as its Japanese representative for South-east Asia. Mr Kawaguchi will be responsible (or promoting the airline's passenger sales and cargo facilities to the Japanese communities in the region. He holds a BA from Nihon University and was a passenger sales194 words
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Page 2 Advertisements
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Advertisement383 1979-08-09 2 From fllH •W*ia Runffto Hflllf9l9lloi9 BOOKS ABOUT ASIA The Asia Pacific region has always been a focus of world attention, but at the same time, there is a great deal of ignorance about the region as a whole, primarily because of the cultural, political, historical and other differences that exist383 words
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REGIONAL
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408 1979-08-09 3 AFP Reuter TAIWAN'S textile manufacturers are stepping up efforts to modernise their spinning, weaving, and dyeing facilities. Several major textile producers have already won approval for loans totalling US$25 million (Sfc3 million) to import new equipment. The loans are being extended underAFP; Reuter - 408 words
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Article145 1979-08-09 3 AFP PRESIDENT Chiang ChingKuo of Taiwan yesterday fired one of his national policy advisers, Mr Chiang Yun-Tien, for his advocacy of cooperation between the Chinese nationalists and communists. Mr Chiang, 75, who has no kinship with the President, is a leader of the minorityAFP - 145 words
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448 1979-08-09 3 AP Reuter FIFTY-SEVEN Vietnamese refugees have refused to accept resettlement in Ireland, saying they will only go to the United States. But US officials say they will not accept any refugees who refuse offers of resettlement from other nations. Ireland had offered new homesAP; Reuter - 448 words
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316 1979-08-09 3 Reuter THE Japanese economy is still expanding steadily, but price increases must be watched closely, the Bank of Japan said in a monthly report. Japanese wholesale prices rose 8 per cent in mid-July over the same period of last year mainly because of higher petroleumReuter - 316 words
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436 1979-08-09 3 Reuter A LARGE-SCALE migration of New Zealand's workforce, especially skilled workers and young people, has become a big worry for New Zealand, grappling with its worst economic recession since the *****. Last year, a record 81,000 people left New Zealand on a long-term or permanentReuter - 436 words
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The region in brief
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Article426 1979-08-09 3 Agencies SOUTH Korea is considering improving relations with the Palestine Liberation Organisation in an effort to improve its relations with oilproducing Middle East countries, Korean Foreign Minister Park Tong-Jin said yesterday. Seoul would shortly establish diplomatic relations with North Yemen and is seeking to improve ties with Algeria,Agencies - 426 words
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Article302 1979-08-09 3 THE latest increase in the bunker surcharge for shipments from Peninsular Malaysia to Sabah, Sarawak and Brunei is resonable and necessary, sources close to Malaysian shipowning interests said. They were commenting on the notice issued to shippers announcing the increase of bunker surcharges by MJ7302 words
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274 1979-08-09 3 THE Malaysian Ministry of Argriculture is to encourage greater cultivation of fruits in the country as part of a three-year plan to boost the fruit industry. Datuk Shariff Ahmad, Minister of Agriculture, said that the government would provide incentives to fruit growers. A subsidy274 words
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299 1979-08-09 3 AFP INFLATION kaa gathered added awDntia la A4aa uHiMi he to aakatoattai markapa la all predacts, the Buk sf Japu hU la a repert aa ike receat eeenemic treada to Aria. TV repert ptUUed «a Taeaday, priaM eat toe temp* el rowimlt expaaafea hasAFP - 299 words
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746 1979-08-09 3 AP A CHINESE "Portia" has sought and won mercy for her brother, who was accused of attempted murder in a public trial that spotlights China's first criminal law code. The lady lawyer, who was not identified, was appointed by her brother, Zhang Jianmin,AP - 746 words
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234 1979-08-09 3 Reuter AUSTRALIAN dockworkers ended a week-long strike yesterday, reopening the nation's 41 prats. The 10,000 dockworkers decided to go back to work pending further talks about an inter-union demarcation dispute in Western Australia. During the strike, more than 100 ships wereReuter - 234 words
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Article51 1979-08-09 3 AP AUSTRALIA will make a special As 2 million (about SJ4.B million) contribution to help rebuild the war-rav-aged economies of two east African nations, Tanzania and Uganda, Prime Minister Malcolm Fraser announced. Mr Fraser, who has taken a new interest in Africa, announced the new aid.AP - 51 words
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Page 3 Advertisements
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Advertisement224 1979-08-09 3 How well a fine car performs depends on how you care for it Mitsubishi genuine parts guarantee the best replacements for your car. Your Mitsubishi car is tough. But with age and intensive usage, some of the parts need replacing, cllDieu and there's nothing wrong M oUHIanl with that. But224 words
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RAW MATERIALS
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Article387 1979-08-09 4 OPENING quotations in Singapore yesterday were marked up one cent following higher London advices and Tuesday's afterhours steadiness here, and the market gained a further cent in early trading, with rumours of fresh Soviet buying in London and in Singapore also aiding sentiment. After some exchanges at the high,387 words
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Article312 1979-08-09 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 t.o.b. 292.50 293.50N 290.50 291.50N Int. 1 R.S.S. August 290.50 291.00 288.50 289.00 Int. 1 R.S.S. September 290.50 291.00 288.50 289.00 Int. 2 R.S.S. 282.00 283.Q0N 280.50312 words
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Article99 1979-08-09 4 NOON SSRu HAS id SMR price* ywttnUsr Aintl September (Current Mtta) Buyers Seller* (Forward Mth) Buyer* Seller* SSR 20 SSR 50 (I ton pallet) (1 ton pallet) 2T7.50N 274.50 279.50N 276.50N 277.50 274.50 279 50N 276.50N MRELB Sept Oct 322.50N 322.50N UNO 293.00N SMRCV SMR L (1-ton99 words
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Article66 1979-08-09 4 THE STRAITS tin price In Penang yesterday finned Ms 29 to $1,934 a picttl. The firmer trend reflected farther strong Japanese, US and local baying and the recovery In London on Tuesday, dealers said. Continued low supplies of tin ore by miners, totalling 179 tonnes against 159 on66 words
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Article31 1979-08-09 4 Rubber: Aug 8 Singapore: August: 288.50 cents (down 0.50 cent) Malaysia: September: 288.50 cents (down 0.50 cent) Tin: M 51,930 (up 920) Official offering: 170 tonnes (up 14 tonnes)31 words
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Article331 1979-08-09 4 SINGAPORE: Yesterday's closing prices in S$ 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 0.62. Special 0.56331 words
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319 1979-08-09 4 Reuter WORLD rubber producers forecast a possible return to boom times for their plantations because recent oil price rises would make synthetic rubber substitutes dearer. The producers, attending a meeting at Port Moresby, believe massive investment is needed in the natural rubber industryReuter - 319 words
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Article172 1979-08-09 4 WHEAT futures in Chicago on Tuesday clung to gains at the close to finish ahead by up to l'/z US cents a bushel, except in the July contract which lost I'/« cents. Traders said heavy local liquidation at the close prompted expectations that the impending release of the Leslie172 words
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Article145 1979-08-09 4 CHICAGO soybean futures at the close .00 Tuesday retreated from earlier gains to finish half a cent to three US cents a bushel lower. Prices dropped on heavy local and commissionhouse liquidation at the close prompted by the impending release of the Leslie report which they expected to show145 words
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Article70 1979-08-09 4 C.i.F. North European ports, tn US dollars per ton unless otherwise stated. LONDON: Tuesday Previous Malaysian 5* ffa bulk per tonne October 650s Ir 655slr Sumatra 5* ((a bulk 667 sir 665s]r 660pd 870slr 867 >»lr MSalr August September October November/December 660sIr 600pd Nigeria 5% ffa bulk stg70 words
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Article144 1979-08-09 4 THE SUGAR futures market yesterday continued the recent quiet trend with no trades registered as on Tuesday, dealers said. September closed at 8.70/ 75 US cents against Tuesday's 8.65/70 close and October at 9.00/05 against 8.95/ 9.00, while July was unchanged at 10.60/65 cents. Sugar future* closing Pre144 words
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Article192 1979-08-09 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) (Mm ymra: China Blue Phoenix 20s 2.235; 32s 2.770 40b 3,010 (per bale of 400 lbs). Piece |l«h: Chin* Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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Article160 1979-08-09 4 CHINESE PRODUCE EXCHANGE, SINGAPORE, NOON CLOSING PBICEB PES PICL'L YESTERDAY: C»f»—t ail: Bulk $123 sellers, old drum $128 sellers, new drum $133 sellers. Ctfrt: Mixed (loose) UK/Cant $75.00 buyers Pepper: Muntok ASTA white fob 10TO NLW $345 00 sellers, Sarawak white fob Wi NLW $327.50 sellers, Sarawak special160 words
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Article669 1979-08-09 4 COFFEE: Robusta futures yesterday opened £35 to £19 per tonne higher. Turnover totalled 587 lots. The move to higher levels followed on the steadier new york close and on trade reports of good offtake of Robusta coffee in Europe by a US roaster on Tuesday. Commission-house buying and669 words
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361 1979-08-09 4 MALAYSIA is "not entirely opposed" to a suggestion for an Opec-style organisation among all the tin producing countries. Official and industry sources were of the same mind when commenting on the Indonesian suggestion for such a production-price control body among the producers. The361 words
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Article89 1979-08-09 4 Reuter THE BRAZILIAN Agriculture Ministry has announced the following farm support prices for the 1979/80 season Castorseed 380.40 cruzeiros per 60 kilo bag, an increase of 81.1 per cent; rice 320 cruzeiros per 50 kilo bag, 75.8 per cent; and maize 185.40 cruzeiros per 60Reuter - 89 words
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ASIAN STOCKS
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Article618 1979-08-09 4 TOKYO Source: DBS-Daiwa THE MARKET turned bullish yesterday, centring on semiconductor-related issues, defence-related stocks and hidden-asset-related issues. The Nikkei Dow-Jones average continued to record an all-time high, exceeding the 6,400-yen level. Turnover gradually increased, with an estimated 300 million shares changing hands, compared with the past fewSource: DBS-Daiwa - 618 words
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Article212 1979-08-09 4 AUO 8 Centk INDUSTRIALS A. C. L 186 -I A. N. L t« unch A P. M. 177 unch Ampol Pet b hp n* Bulk NSW 282 -S Bom ao Bramble* 175 5 C. B. A >13 unch C. 8 R. 360 Coal Allied 10 -10 Dunlop M unch212 words
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Article238 1979-08-09 4 AUG HK* Amal Hubber 4 70B Associated Holela IS 0D6 Bowilers Cheong Kong 14-00 *0M Chink Enn China Light C225 unch 2MOB City HotcU Cltj Urban Comjopol Cro«j Hub Tunnel 1 JOB MS unch 0.06 East A»ia Narig «J0 ♦0.1 Par East Esch Phllex 0 142SB H/S Hotels l«238 words
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Article78 1979-08-09 4 AUG S Peso* Aco)* Mininj am unch AUu Con. A AUu Coo B 1U0 unch Bafuto Ootd 0076 -0 0002 Benfuet Coo. B BF Goodrich MJC 1940 unch I.S CDCP 14.00 -0J loco B Landoll Lepanto B 17 0.006 Marlnduque B M0 1740 ♦0J Meralco unch Oriental A Oriental78 words
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Article307 1979-08-09 4 THE STOCK market yesterday closed higher in moderate trading, dealers said. First Trust rose 21 baht to 162, Berli Jucker 18 to 391, Saha Pattanapibul eight to 274 and Mah Boonkrong Drying and Silo four to 390. General Finance rose four baht to 156, Asia Fibre three to 199,307 words
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Article60 1979-08-09 4 FINANCIAL TIMES INDUSTRIALS Tuesday 466.8 Monday 459.6 Week Ago 454.2 DOW JONES AVERAGE INDUSTRIALS Tuesday 859.81 Monday 848.55 Week ago 846.42 LONDON DOLLAR PREMIUM Tuesday 26H to 26'/* Monday 24* to24'-4 H.K.HANG SENG Wednesday 614.54 Tuesday 803.73 Week ago 616.63 SYDNEY INDUSTRIALS Wednesday 488.00 Tuesday 488.47 Week ago60 words
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Page 4 Advertisements
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Advertisement130 1979-08-09 4 PENGUIN BOOKSHOP R.UNNSRS HANDBOOK Kunhefs HANDBOOK WWtWM WHY DO RUNNEtS MAKE better lovers RUNNING SHMULA-m AUASKOSA OF health A 1 RUNNER'S a ff li :S IB B i v* latTsa in; Here at last is The Runners Handbook, a complete Fitness guide for Men and Women. Whether you plan to130 words
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OVERSEAS
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Article771 1979-08-09 5 ARRIVALS Service Local Operator Number Time From MAS MH671 0945 PEN KUL CPA CX710 1005 HLP GIA GA980 1030 HLP MAS MH605 1045 KUL SIA SQ103 1100 KUL SU SQ211 1045 HLP GIA GA944 1055 PKU GIA GA908 1100 MES PAL PR501 1135 MNL SU SQ63 1155771 words
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WORLD IN BRIEF
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Article395 1979-08-09 5 Agencies THE Bank of Montreal said Canada is following the US into a recession, following an extended period of economic expansion. The bank said in its monthly business review that the accelerating American inflation rate in 1978 and sharp rises in interest rates were manifestations of the stressesAgencies - 395 words
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335 1979-08-09 5 Reuter THE Vienna-based Organisation of Petroleum Exporting Countries (Opec) on Tuesday disclaimed any knowledge of an Iranian request for a special meeting next month to consider a further oil price rise because of the decline in the value of the US dollar. IranianReuter - 335 words
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Article205 1979-08-09 5 Reuter UPI PRESIDENT Carter has disclosed he would meet Mexican President Jose Lopez Portiiio in Washington next month to resume discussions on US hopes (or obtaining natural gas from Mexico. Mr Carter did not mention a specific date for the meeting, which was arrangedReuter; UPI - 205 words
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Article611 1979-08-09 5 Agencies AMERICA delivered a thinly-veiled warning to Israel on Tuesday that any more raids into Lebanon could affect future US arms supplies to the Jewish state. In a letter to Congress, Secretary of State Cyrus Vance said Israeli air and ground strikes last month might have brokenAgencies - 611 words
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325 1979-08-09 5 AP TAIL plane attachments on Boeing 747 Jumbo jets have been found to contain faulty aluminium, a US Federal Aviation Administration spokesman said. It was not known how many jets are affected, but none has been grounded as a result of the findings. "There isAP - 325 words
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Article199 1979-08-09 5 Reuter REPUBLICAN presidential Robert Dale said Seaater Elinri Kennedy will be the Demeeratte ■■MmM candidate la IMI barriag same unexpected Impravemeat la the pell tie*! fartaaea af American President Carter. He said Beaat»r Kennedy's eaatraveralal perssnsl life weald he "fair game" la a presldeattaiReuter - 199 words
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414 1979-08-09 5 NYT THE FORMER Governor of Florida Reubin Askew is expected to be nominated by President Carter as special trade representative to replace Mr Robert Strauss. Mr Strauss will resign this month to serve as the President's Middle East Emissary. Mr Askew, who hasNYT - 414 words
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Article85 1979-08-09 5 Reuter SENATE leader Walter Guevara Arze was sworn in as Bolivia's interim President yesterday, the first step back to democracy after 15 years of army rule. Mr Guevara will hold office for one year, by which time elections will have been held for a fully-fledged civilian administration.Reuter - 85 words
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Page 5 Advertisements
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Advertisement362 1979-08-09 5 the -3555 KEAME uo«,, nfh m p THT» MBJSTRIPorr Hamiyn Paperbacks TH E 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 delights362 words
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Article474 1979-08-09 6 SOME economic myths should be buried once and for all. Myths such as the belief that if the American or European economies were to go into recession, so would Singapore's. This is just not true. Inflation is plaguing most advanced economies and many economists believe474 words
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Article229 1979-08-09 6 THE giant television sets which Bonaire is assembling will necessarily be of limited appeal to the average consumer. There will be those who will buy them for their novelty value, or to add to their collection of status symbols. But the 40 to 50229 words
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Article, Illustration1449 1979-08-09 6 JANE FRIEDMAN - It has finally dawned on French perfume companies that they are losing out i on world markets. By JANE FRIEDMAN NYT HAUNTED by the Americanisation of their industry, tempted by the prospect of unfolding markets and untold revenues, and partly inspired by the huge success of YvesNYT - 1,449 words
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Page 6 Advertisements
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Advertisement95 1979-08-09 6 At last, reach the big spenders. Leisure Times is right on target For as little as $15, you can reach the swankiest, the best dressed, the most affluent crowd in town with Leisure Times. As a regular Saturday feature of Business Times. Leisure Times reaches 29.000 people in Singapore's top95 words
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Page 6 Miscellaneous
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Miscellaneous1352 1979-08-09 6 Sheer entertainment IP YOUB Mea «t a relaxing killiajr is to sit stamped la treat ef the Uttle hex fer the better part ef the day, BTS eaters Jut tor yea la Its pregrammes today. Start ett with that eldle "The Greatest Shew ea Earth" at U.lBaai aad sit right1,352 words
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Article, Illustration541 1979-08-09 7 COLIN CHEE; LEE YOKE - The Singapore economy has seen a real growth rate of 9.7 per cent in the first half of 1979. This compares favourably with the 8 per cent and 7.6 per cent for the same period in 1977 and 1978 respectively. There are, however, darkening clouds. COLIN CHEE and541 words
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Article182 1979-08-09 7 THE MANUFACTURING sector performed briskly during the first half of this year. Industrial production expanded at a high annual rate of 17.3 per cent compared with 9.4 per cent a year ago. The electrical and electronics and petroleum refining industries were the most active. In182 words
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Article, Illustration273 1979-08-09 7 LOCAL manufacturing investment commitments during the first half of this year increased by almost three times over the same period in 1978 to reach $86.7 million. A remarkable increase, it reflects the entry of more local entrepreneurs into industry at a time when the Government is encouraging273 words
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Article, Illustration420 1979-08-09 7 YOU MAY complain that prices for everything seem to be skyrocketing these days. But if it is any consolation, prices in Singapore are actually increasing much more slowly than elsewhere, especially in the industrialised West. Preliminary figures for the first half of this year showed that420 words
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Article971 1979-08-09 7 JOHN TAN - POBOMi With JOHN TAN NATIONAL Day again. What does it really mean to Singaporeans? To the vast majority, it will mean the chance for a holiday, an additional day in the week spent with their feet up watching all the choice programmes that Radio and Television971 words
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Article460 1979-08-09 7 SINGAPORE'S external trade continued at a healthy pace during the first half of this year, with export growth outstripping that for imports. Total trade between Singapore and other countries expanded by 25 per cent (preliminary estimates) fn the first half of this year from the460 words
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Article168 1979-08-09 7 Twcjvix &KJHT thousand new jobs were created in the first six months of this year, four thousand more than for the same period last year. The increase came mainly from transport, storage, and communications which generated 3,000 jobs (compared with nil a year ago) and168 words
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Page 7 Advertisements
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Advertisement200 1979-08-09 7 SINGAPORE 2 r m •n V s? m *n, v S >* "V m m m <£?-+* m 79 ft m riC# nt in ppl KM* S u A titer SI CorfP The tremendous rate of growth in the Asean region has generated a itrong demand for computers which will200 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article269 1979-08-09 8 BT.PARIS AUG 7 Frs CORBEILLE Alr-Llqulde 481 -17 B S N Gervals Danone 712 ■M C S F (Thomson C«f) 416 +u Cte Francalse d« Petroles 188.30 05 Compact) le Financier* Compagnle Generate 342 -J Credit Foncler De France 479 4-2 Hachette (Libra! rle).. 221 -2 Machines Bull ao269 words
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Article203 1979-08-09 8 AUG 7 Dm Aef-Tetefunken 45.10 -0.7 Akao 2B.00 All* Leben moo -1 aiii vers 400 00 -13 BASF 138.30B Bay H T Wbank 2siso -15 Bay Vbank 282.00 -4 Bayer 130 SO •11 BBC 281 SO 0J BMW 1M00B Caiaella ISO 00 -5 Chem Verw CM .00 -If Commerebank203 words
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Article186 1979-08-09 8 AUO 7 Franc* Action* Sulati m unch AluroUae Br 1270 10 Alusulne Ret. Wl unch Brown Borcn Br. 1MB S Clba Oet«j Br im -S Clba 0«tC7 P C 1036 unch at* Oel<y Dm Credit SuIhc Br OM 2225 •1 -5 Credit SuIsm Ref at unch Elektrowatt Br. 2140186 words
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Article193 1979-08-09 8 AUG 7 Fls ABN 330 50 4 Ahold 88.50 ■f 0.2 Akao 2850 -02 AMEV 90 40 4-0.4 Amfaa 113.00 1 Am rot Bank 71.70 0.5 Bergocs 56.00 unch Berk 96.30 0.3 Bols 68 00 1.2 BorsumlJ 172.00 1.5 Burhmann 62.00 0.6 Byenkorf 72.00 0.4 Calve Delft 180^0 I193 words
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Article88 1979-08-09 8 AUG 7 rr» FORWARD MARKET Aetc *40 -T Artocd aao6 Astur 9*4 •4 Brurui aao -S Bru-Lamb ino -U <s 6 Cock 40 •12 De Been Me ♦J Ebe» Z1K unch Electrobcl MM -30 Ob-Inno-Bm Mi unch Ory Hobo* aao +10 Pelro MM -115 Ryi Dutch SZ30 •to 84dro88 words
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Article94 1979-08-09 8 AUO T Lire Anic 14J5 •1 Amoc oen 4AOTC WD Bastofl (12 37 Central* S4S0 30 n.i MO 9 FlnaMer Q*n Immob HZ 71.13 IJS in pji 7703 43 Italcemenu ***** 380 IUlcu 7M unch Italakler Ml 3 ttafnetl MM 00 -4 Marelll Ere m 1 Medtob 3(030 no94 words
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Article1351 1979-08-09 8 NEW YORK A BROAD-BASED rally led by glamour and blue chip issues sent the stock market sharply higher on Tuesday in the heaviest trading in eight weeks. Investors were encouraged by the dollar's recent stability and hopes the recession will ease upward pressure on interest rates. The bond1,351 words
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Article207 1979-08-09 8 AUG 7 C* AblUM 11* unch Alemn 3»* Alfom* Bank Mont Bank Not* Scotia M unch Bell Tel 21* Be U> Corp BP Can Ltd 17* 4-* Braacan 22* Camp Red Lake JO* -1 Can Imp Bk at* 4-It Canpac 1* Canpac In* Pf 1«*B unch Carting OXeefe 5*207 words
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Article311 1979-08-09 8 AUO 7 Rand INDUSTRIALS A Alpha 1S6 unch Abercotn MO 10 AE And CI 400 unch AMIC 1525 15 Barlows 583 4-2 Cf Sugar 600 unch CNA 236 5 Currle Finance 10 4 De Beers Ind 1825 Edcon 356 45 Edgars 4060B unch Eve read 7 Fed Vol* 200311 words
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Page 8 Advertisements
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Advertisement512 1979-08-09 8 See Page 4 for Asian stocks Where to wine, dine and entertain ,@_|{!`~[&:%*+/}`>.-{?[_=;+>$(* Smnjcse Seafood f i i' CurhpiMiiolrl For sushi. For teppanyaki. For other authentically Japanese delights. Open daily 12 noon 3 p m. 6.30 p.m. 10 30p.m. For reservations call *****77 jf V Si. W ,,H,IV SHERATON HOTELS512 words
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BANKING AND FINANCE
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Article143 1979-08-09 9 AFP BANKCARD, the Australiawide credit card operated by 14 trading banks, is all set for its first big foreign expansion to New Zealand. A Bankcard spokesman said the Australian Reserve Bank had given its permission and it was hoped it would be in operation in NeZAFP - 143 words
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Article135 1979-08-09 9 Reuter THE THAI Finance Ministry has revoked the operating licence of the Raja Finance Co. A Ministry announcement said the authorities decided to abandon attempts to save the company. Last June the Ministry authorised the state-owned Krung Thai Bank to take over and manage Raja FinanceReuter - 135 words
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Article102 1979-08-09 9 UNION BANK of Switzerland has been given the mandate by the Taiwan government to syndicate a US$lOO million (Ss22o million) loan for Taiwan Power Co. A company official said the loan will be over 8 "2 years and carry a floating rate at 0.75 per cent102 words
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Article49 1979-08-09 9 THE AUSTRALIAN government will make a conversion offer for A 564.5 million of Commonwealth Bonds maturing August 15. Terms and maturities are 9.9 per cent November 1980 at par and 10 per cent July 1986 to be issued at 99.80 per cent to yield 10.04 per cent.49 words
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Article, Illustration112 1979-08-09 9 THE newest Issue of silver Olympic coins is now available to local coin collectors. This silver collection of the iiSt Olympic coin programme represents the first Issne of sUver roubles since 1921. The set consists of five coins com- memorating the Olympic sports events involving height, depicting112 words
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Article323 1979-08-09 9 AFP THE International Monetary Fund will, under certain conditions, permit members to draw "up to 100 per cent" of their quotas held by the fund, the IMF announced yesterday. The new facilities concern in particular countries exporting raw materials which face balance-of-payment difficulties owing to aAFP - 323 words
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Article340 1979-08-09 9 Reuter A SHARP decline in bank lending reported yesterday showed the money markets responding favourably for the first time to the new Conservative Government's controversial recipe for Britain's economic resurgence, financial sources said. The decline in the month ending in mid-July indicated that higher interest ratesReuter - 340 words
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Article111 1979-08-09 9 AFP PAKISTAN has requested the Western aid-to-Pakistan Consortium to convene a meeting to consider rescheduling its debts, it was learned officially. Official sources said that, against the US$67O million of aid pledged to Pakistan by the Consortium last May, this country had to spend $771AFP - 111 words
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Article377 1979-08-09 9 STERLING has been volatile over the past month, trading within a range of US$2.2O to $2.32. It rose as the United Kingdom's high interest rates continued to attract capital inflows, and fell following the Nigerian decision to nationalise British petroleum interests in Nigeria. When wholesale prices increased by377 words
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MONEY AND EXCHANGE$
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Article479 1979-08-09 9 ON A foreign exchange market dominated by trading in sterling, the US dollar yesterday closed on a mixed note against major currencies. Sterling opened at 2.2210/ 20 against the US unit. Continuing Tuesday's downward trend the pound went on a gradual slide throughout the day to rest at479 words
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Article246 1979-08-09 9 STERLING yesterday opened at U552.2170 80 in quiet trading compared with 2.2180 90 in late Hongkong trading. The dollar was also little changed at 1.8328 38 marks after Hongkong's 1.8320 25. UK July banking figures, published on Tuesday and which were generally better than expected, may be giving the246 words
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Article71 1979-08-09 9 QUOTES on the Australia and New Zealand exchanges on Aug 8: AUSTRALIA: US dollar 1.1311 1.1263 Sterling 0.5111 0.5034 Ninety-day air mail buying rates: Sterling 0.5331 US dollar 1.1691 Ninety-day forward buying rates. Sterling 0 5157 US dollar 1.1326 NEW ZEALAND: Reserve Bank midrate US$1 0152 Trading Bank indications71 words
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Article188 1979-08-09 9 Asian rates ASIAN currency deposit interbank rates as at close on Aug 8: US Dollar*(Spot) Offer Bid 7 days 10 T 10 1 month 10 J 10'4 2 months 10 J 10H 3 months 10-* 0 3 4 6 months 111/16 1015/16 9 months 10 13/16 1011/16 12 months 1011/*****/16188 words
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Article43 1979-08-09 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $40 million 91-day Treasury bills to be issued from Aug 13 to Aug 17. Each tender must not be for less than $250,000.43 words
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Article21 1979-08-09 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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Article57 1979-08-09 9 FRANKFURT exchanges opening quotes on Aug 8: US ***** 28 (***** 13) Stg 4.060 65 (4.042 52) Can 1 5651 66 DF1 -91.21 30 S Fr 110.35 51 Ut 2 234 236 F Fr 43 07 12 N Kr 36 40 44 B Fr (con) 6 257 264 BFr<57 words
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Article180 1979-08-09 9 THE US dollar yesterday strengthened against major currencies in quiet afternoon trading, with no special factors evident, dealers said. It stood at 2.2180/90 against sterling in late trading compared with 2.2215/25 around midday and the 2.2235/50 New York close. Against the deutschemark, it strengthened to 1.8320 25 marks compared180 words
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Article131 1979-08-09 9 THE US dollar for overnight delivery yesterday closed slightly higher at 216.75 yen. compared with a 216.40 opening and 216.45 at Tuesday's close, dealers said. Trading was quiet with volume US$36O million. The dollar rose slightly in thin late trading on import covering by Japanese traders and buying back131 words
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Article115 1979-08-09 9 Euro rates LONDON Eurodollar deposit trading yesterday opened quietly with rates showing little movement from Tuesday's closings on a neutral basis, dealers said. Fixed dates were initially adjusted lower for the Friday start technicality with falls ranging from 5/8 in One Month to 1/16 in the one-year rate. Eurodollar deposits115 words
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Article280 1979-08-09 9 SINGAPORE gold futures yesterday closed generally higher on short-covering following the metal's firmness abroad, dealers said. October, December, February and April contracts closed between US$3 and $4 an ounce higher while prompt, August and September were not quoted. Trading was quieter and total turnover fell to 249 lots compared280 words
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Page 9 Advertisements
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Advertisement263 1979-08-09 9 WQ 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 War Lords:263 words
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BUSINESS DONE ON THE SES AND KLSE
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Article1605 1979-08-09 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 "9ett". Big Board deal1,605 words
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Article168 1979-08-09 10 ****** 1/8/80 (*****0 > <»■"» ****** 15/8/80 <250 000, ("UB 5 S/4% 1/6/78-80 (250 000) (*****8 *****S) 5 1/2* 1/5/79-81 (250 000) (99.908 *****8) 99 706* 1/3/81 <2SOOOO) < wfloß wW) 5 48 (*****0) < ***** 5* T F 1/5/83 (250.000) (100.058 100.156) 5 3/4* T F 15/6/81-84168 words
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Article85 1979-08-09 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) (0.296 0.355). Him P E (Sept $1.60) (0 468). (S85 words
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Article2686 1979-08-09 10 Gr's Gr'» Net 1879 Last Div Div Yld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 227 15.0 2.2 6.6 11.6 190' 123* Alcorn 173cd 10.0 13 5.7 23.0 145 110 Allied Choc 145 5 9.22,686 words
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Article1743 1979-08-09 10 BID And offer price* 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 Aearn (2.208 2.405) <>■■■■>1 (2.648) Una (1.828 I BS) cd A1,743 words
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Article, Illustration575 1979-08-09 10 SENTIMENT at the Stock Exekugt of Stagtpwe yesterday wu fciittei by pre-Natleaal D*> antiripatloa of a (Ml ecsasmlc ptrtwiiTf raptrt for the first half «f the earreal year. It has bees the tradittoaal practice of the Gaverameat to release flgira m the Bepa bile's575 words
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Article443 1979-08-09 10 A REVIVAL of buying interest yesterday gave the Kuala Lumpur stock market its best finish in more than two months. Volumes picked up noticeably as buyers emerged from the sidelines to trade briskly in a wide selection of stocks. With confidence growing by the minute,443 words
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Article157 1979-08-09 10 S pore Growth Fund 1.10 1.1 SINGAPORE UNTT TRU8T INCOME BOND UNIT (Mi-im 1 plua i tar Aag It) (CwreM pr Ims) The Commerce 2.07 2.19 The Saving Fund 136 1.44 Income Bond 1.11 1.1 S pore Prog Fund 0.97 1.02 S pore Sec. Fund IS 1 75xd157 words
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COMPANY NEWS
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618 1979-08-09 11 WITH a little luck and more push, convalescing Amcol Electrical Industries will find itself on a firmer and more viable footing in the near future. Just as chairman Mr Tan Eng Joo had forecast, the company turned in a small pre-tax profit of $13,553618 words
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Article472 1979-08-09 11 SOFT-DRINK and canned foods manufacturer, Yee Hiap Seng (YHS) expects to enhance its pre-tax profits for the year ending Sept 39, 1179. In its rights issue document, the directors also express confidence that the company will be able to recommend a final dividend of 5472 words
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Article, Illustration691 1979-08-09 11 OUR REPORTER - By OUR REPORTER VERY MUCH in keeping with its expansion programme, Aluminium Company of Malaysia (Alcom) has come on strongly in the current year after a severe setback in the last financial year. For the six months ended June 30, the company turned691 words
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Article606 1979-08-09 11 THE NEW Serendah Rubber Company looks set to achieve better results (or the first half of this year, judging from the higher FFB crops and higher palm oil prices of around $1,450 FOB per tonne obtained during the first four months of the current year. Although606 words
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Article82 1979-08-09 11 Current Ex Book* Date Total for Total for Payment Date Close Payable the year Previous year Riverview 4%(n> Jul 26 Aug 7 Aug 15 7% 12% Sentoaa ply 5%TE Jul 19 Jul 30 Aug 15 5%TE Riverview <*(n) Jul 26 Aug 7 Aug 15 7* 12% Kg La82 words
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Article80 1979-08-09 11 Company Particulars Ex Date Book* Close B Semb Bonus Issue of 3 (or 1 Sept 7 N S O P Bonus Issue of 3 (or 2 NYA NYA Hong Leong Rights Issue of 3 (or 4 $1.80 per share NYA NYA (a) Adjusted for scrip issue (b) First80 words
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Article, Illustration492 1979-08-09 11 n by HOCK LOCK SIEW THE SCENT of recovery is in the air. Traders have, of late, been turning their attention more and more to the so-called recovery stocks which include Inchcape, Pan Electric, United Engineers, Cold Storage, Guthrie Bhd and possibly, Haw Par. The trend onby HOCK LOCK SIEW - 492 words
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Article260 1979-08-09 11 SINGAPORE FwMer Cm has reported a pre-tax profit of $1.27 million for the halfyear ended June 30, 1979, on turnover of $12.04 million. Parent company pre-tax profit was $1.28 million on turnover of $11.69 million. No comparative figures were given for the corresponding period in 1978 as the260 words
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Page 11 Advertisements
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Advertisement180 1979-08-09 11 Straits Steamship Company Limited Incorporated in Singapore Interim Report to Stockholders The Directors advise the following unaudited results of the Group and the Company for the six months ended 30th June 1979. Half Year to 30th June Company Less: Minority interests (gross) (840) (884) Profit before taxation attributable to stockholders180 words
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Advertisement144 1979-08-09 11 Get one of these Bantam/Britannka books FREE! iir^ \WtPP Bantam/Britannica I books on (I) The Arabs: (2) The U.S. Government; (3) Disaster! and (4) The Ocean. Htm. The publishers of Encyclopaedia Britannica 3, the most advanced and comprehensive encyclopaedia available today, are offering you this opportunity to get a free144 words
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Article, Illustration198 1979-08-09 12 ROTARIANS should shed their elitist image and go right into the masses to work directly with people at the grassroots level. Dr Ow Chin Hock, Parliamentary Secretary (Culture), made this suggestion when he spoke to Rotarians at the Mandarin Hotel yesterday. "I wonder198 words
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178 1979-08-09 12 TWO Meritorious Service Medals will be awarded this year to Mr Tommy Koh Thong Bee, Singapore's permanent representative to the United Nations, and to Mr Wee Kim Wee, Singapore's High Commissioner to Malaysia and former editorial manager of Straits Times, Singapore. Mr Ng Chung Hang,178 words
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Article55 1979-08-09 12 SHINTOM Electronics, a Japanese manufacturer, has requested the Singapore Industrial Labour Organisation (Silo) to grant it another two days to finalise its decision on re- trenchment of 163 workers. This was disclosed by a Silo official yesterday at the end of a meeting between the union and Shintom55 words
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Article834 1979-08-09 12 LONDON, Wed. Government bonds closed as much as 3/4 point higher on the day with dealers noting considerable buying interest. Prices rose sharply after the exhaustion of the long tap issue and have since held steady at those levels. Equity prices were also firmer due to the slightly834 words
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549 1979-08-09 12 Reuter THE CHINA International Investment Trust Company, set up by Beijing to coordinate the use of foreign investment and technology in the country, hopes to be in full operation by Oct 1, the company's president, Rong Yiren, said yesterday. The company, which comesReuter - 549 words
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291 1979-08-09 12 AFP DISCONTENT over the scarcity of basic commodities has become widespread in the Indonesian province of Irian Jaya, according to a magazine report. The Jakarta weekly magazine Tempo yesterday reported that discontent had even reached certain officials of the governor's office. The lack ofAFP - 291 words
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Article103 1979-08-09 12 FOUR hundred and fifty fishing boats have remained idle along the Kelantan and Trengganu shores during the last two to three months because of a diesel shortage. Majuikan statistics, collected daily by officers in all Malaysian states, have, however, indicated that the fuel shortage has eased considerably103 words
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470 1979-08-09 12 it d THE High Caart mi teM 2 yesterday that the aale ef z Gray Beearittea by Haw Par y Haagkaag to Legto Ltd, the trastee af Mdbaarae Uatt c Trust, was aet aidr at the g prevaiilag market prtoe. The470 words
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Article256 1979-08-09 12 THE Singapore Bus Service has budgeted $2.5 million for the improvement of 15 of its existing terminals. This is part of its terminals improvement programme which was launched recently and seven terminals have already been given a facelift. Construction work is expected to commence at256 words
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242 1979-08-09 12 AFP THE economy of Taiwan is expected to grow 7.94 per cent in real terms this year while its per capita income is expected to reach US$l,5BO (about 553,300), according to a survey. The survey, conducted by the Taiwan Economic Research Institute, indicatedAFP - 242 words
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498 1979-08-09 12 GOH ENG KEE - By GOH ENG KEE SINGAPORE'S business and commercial community may be the first select subscribers of Teleview, an interactive information retrieval service to be introduced by the Telecommunication Authority of Singapore (Telecoms) in 1980. It is believed that the Telecoms may introduce a498 words
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Page 12 Advertisements
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Advertisement46 1979-08-09 12 in A I Hundreds of UUflllliC, authentic v—A— photographs combine with lucid, authoritative text to emphasise the tremendously difficult military problems encountered in S.E. Asia, and now in fact, the conflict still rages. v i *<■ Robinson's Bookshop (Clifford Centre Basement) Raffles Place, Singapore 1. Tel: *****46 words
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Page 12 Miscellaneous
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Miscellaneous59 1979-08-09 12 |WEAT:HERI Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 24 hoars prior to 7JI p.m. on August 8 at the airport. Maximum temperature 30.9 Associated humidity 71 Minimum temperature 24.7 Associated humidity Hours of sunshine 10.60 Rainfall in millimetres Nil Total rainfall for the59 words
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SHIPPING TIMES
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PORTSIDES
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Article70 1979-08-09 13 UPI IRAN'S largest shipping company, Arya Shipping Lines, has been nationalised on orders of the revolutionary council, company chief Nezamuddin Movahed said on Tuesday. The nationalisation follows the state take-over of banks, insurance companies, key industries and factories abandoned by the Shah's family and aides. The shipping companyUPI - 70 words
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Article73 1979-08-09 13 UPI A NEW 45,000-tonne factory ship has been launched to help clean up the oil polluted waters of Shanghai harbour, Chinese newspapers reported. The vessel, Huang Dao, separates oil from water and reclaims the oil for use as lubricant and fuel. The ship also has machinery for purifyingUPI - 73 words
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Article51 1979-08-09 13 Reuter DOCK WORKERS throughout Australia have voted to return to work pending further talks on a demarcation dispute in Western Australia, a spokesman for the Waterside Workers Federation said yesterday. During the strike over 100 ships were idled around the country waiting to be loaded or unloaded.Reuter - 51 words
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Article, Illustration712 1979-08-09 13 HSUNG BEE HWA - TOUGH TIMES AHEAD By HSUNG BEE HWA SINGAPORE-BASED cruise operators wishing to expand their services will have a tough time in the wake of higher bunker costs, competition from Soviet lines and the adverse effects of Australia's low air fare policy. Pacific International Line, for712 words
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658 1979-08-09 13 AFP THE freight market remained seasonally quiet last week with rates falling back again, particularly in the western side. But prospects for the coming months were more encouraging following US estimates that the Soviet Union may need to increase its imports by 30AFP - 658 words
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2901 1979-08-09 17 SHIPPING LIST where your ships are due and when SCHEDDLE 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 Fort2,901 words
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Article483 1979-08-09 17 Shipping Lin* P*e CM ACS n 5 Afea IV 3 Alpac IV 5 Angkutan V 2 ANL I 1 APL m 2 Arya Nat n 5 ASCL m 5 Aust.Cont IV 5 Bank n 5 BBS n 2 Ben Asia m 3 Ben ra 3 Ben Ocean m 1483 words
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Article906 1979-08-09 18 1 RECEIVING OF EXPORT FCL CONTAINERS I 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 during906 words
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Article, Illustration1455 1979-08-09 18 IN THE CHAOTIC run up to the recent Opec price hike, the Rotterdam oil spot market was singled out as the villain of the drama. Saudi Arabian oil minister Sheikh Yamani vowed to break its power, French President Giscard d'Estaing demanded a ceiling1,455 words
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Article216 1979-08-09 18 UPI THE day's business was dominated by the reappearance on the market of Chinese charterers who booked no less than eight vessels on time-charter. Amongst these eight vessels ranging in siw between 19,111 and 31, Ml dwt was the Admiral Majevtc which was taken for a tripUPI - 216 words
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Article, Illustration349 1979-08-09 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Asian Phoenix (1100 after Langa Sagarika) 27/28 Good Samaritan II (Tanker) (after Dove subject gas free P/O) 15/16 Jialingjiang (after Ocean Esperance, must sail not later than 13 0530) 1/2 Kota Jaya (0600 after Kota Panjang) 10/11 Longtime (1930 after Golden Sea349 words
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Article273 1979-08-09 18 THE Sea Department of Abu Dhabi has decided to build four new berths at the Port of Mina Zayed. including two deep bertha for cootainers, at a cost at U5535.9 million (5J78.9 million). The container berths (Nos. 1 and 2) will be equipped with two273 words
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Article162 1979-08-09 18 PORTIA Management Services, the consultancy division of the Mersey Docks and Harbour Company, has secured a cantract to study the training needs of the Papaa New Guinea Harbour Board. The study, which began au Aug 1, will be carried aut In the If major parts operated by the162 words
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Article376 1979-08-09 18 AP THE US navy plans to challenge what it calls "excessive" territorial sea claims of some foreign nations by scheduling exercises by aircraft and warships in those waters. A message enunciating a new policy on "the law of the sea" tells the navy's 450 shipsAP - 376 words
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Page 13 Advertisements
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Advertisement421 1979-08-09 13 EURO ASIA CHARTERING CORPN <PTE> LTD Suite 807 Bth Floor Ocean Building Singapore 0104 Cable EufotrKht Tele* RS ***** A B Eucofra Telephones 9*2660 I RI) IM AMAH SAI LlSjq Orient Overseas CcmtcineA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) CttVALfR PAUI 17*1 KOREAN iACEIM IN 1 HUONG CONTAIMER421 words
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Advertisement295 1979-08-09 13 SEALORD LU ANTAH M m UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF WEEKLY MULTI-PURPOSE SERVICES Spore loading for 17/8 Kuwait (29/8). Dammam (1/9). Doha (3/9). Bahrain (6/9). Dubai (8/9) 26/8 ina Oaboos (7/9). Dubai (10/9). Doha (12/9). Dammam (15/9). Kuwait (18/9) 30/8 Dubai (11/9), Abu Dhabi (14/9). Bahrain (17/9)295 words
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Advertisement383 1979-08-09 13 NOL NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ): P Mjn; 31 Aug 4 Sept 10 Sept 16 Sept 22 Sept 28 Sept 4 Oct 10 Oct R darr f stow 1 Sept 5 Sept II Sept 17 Sept ?j Sept 29 Sepl383 words
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Advertisement970 1979-08-09 13 m HONG KONG ISLANDS UNE lINEK S€«VICE FOR FAR EAST MIDDLE EAST AFRICA TAIWAN HONG KONG AUSTRALIA See Page IV Column 3 for Sailings Aqf nti SINGAPORE SHIPPING AGENCIES PTE LTD MARKETING *****? GENERAL *****1 W Mm EURO ASIA LINE SDN BHD Kl *****7 -P KIANG *****1/3 PENENG *****/2 MAERSK970 words
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Page 14 Advertisements
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Advertisement804 1979-08-09 14 :HapagL H FULLY CONTIUNERISED TO EUROPE S port P Kelang Htwj BTiaren Rdam te Kanre 13 I 15 I ■> 5 6 9 'i Zl I 11 9 13 9 .1 16 9 23,8 9 1 v. s .'0 9 21 9 23 9 1 9 21 9 > .'9804 words
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Advertisement395 1979-08-09 14 8.5 sesJs! barber blue From: US ATLANTIC US GULF I EAST CANADA S <9 17 Oct W 27 Oct Sop 24 No. Sop 27 Nm 1 L BARBER MARA" Aug 18/19 at BARBER WILHEUMSEN TERMINAL GOOOWN 47 9 IifTTTT' lE3B From: CANADA/USA Pacific Coast Safe **PnO»a Sm Vancouver BC Saitd395 words
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Advertisement769 1979-08-09 14 EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE 1 ACCEPTMG CARGO FOR HAMBURG. FELIXSTOWE ROTTERDAM ANTWERP LE HAVRE ALSO ACCEPTMG CARGO FOR UNITED KMGQOM SOUTHAMPTON. LONDON. MANCHESTER. BIRMINGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM S'port H«w>m Idulm KottorOap Aehetry It K»wt E»« ioitfff Bar* 49 25769 words
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Advertisement1013 1979-08-09 14 1 Everett Lines! Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON HTM TANYWA. msHmsnm PAGAM SMiapare 11/12 Auk 17/11 Auf 22/24 Aut of 5 5 C Agents m Moldyvo TEPS MALAYSIA Port Ketong Te» J3B>-7355 Penoog Tel *****/***** Cnmninii Arocntiaa Da m Compania Argentina Da Navegacion Intercontinental1,013 words
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Advertisement717 1979-08-09 14 11 1> l» T 111 f,■ mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR. MARINA HOUSE. SHENTON WAY MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****70 SANKYO LINE AUSTRALIA SERVICE P. Keiang Smjaport I oaring far: Wirmx. ii/zo Am mel, akl KYOTENMARU 23/25 Aug 20/22 Aug STD717 words
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Page 15 Advertisements
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Advertisement1057 1979-08-09 15 Overseas MB Containers Limited Weekly service to/from UK/Europe To UK/Continent Cardfcan Bay Igtuo Eipmt Kowtow Bay NVq Spore P K along D'aat Biwi In fori Z7ta| 29 Au| f 13 Aug 15 Aug 3 Sep 5 Sop Boy 23 Am| Aug 12 Sop 14 Sop 29 Ami 19 Sop 211,057 words
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Advertisement1095 1979-08-09 15 GRANARD LINE RELIABLE I DEPENDABLE NON-CONFERENCE EXPRESS SERVICE WEST BOUND-FAR EAST/MEDITERRANEAN S pore P Keiang Penang Loadng far. M.V. MAN CHEONG 19 Aug P Said/Alexandria Beirui M.V. KWONG FUNG V.3OW 25 Aug M.V. MAN TAT V 31W 10 Sep M.V. MAN KM V.32N.... 17 Sep AIL VESSELS ACCEPTMG CONTAaO CAAGO1,095 words
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Advertisement724 1979-08-09 15 Hs BEN LINE CONTAINERS BEN ASIA CONTAINER SERVICE EXPRESS CONTMNER SERVICE STRAITS/TAIWAN/JAPAN Sport PKettng Penang Kac Km Tokyo Kobe Bomta Ace 1110 15/1 11/8 13/8 21/8 26/8 298 Ben.alla 5805 21/8 18/8 20/8 28/8 31 ft 4/9 Clipper Ace 3810 29/8 26/8 28/8 4/J 9/9 12/9 Benny Trader 2810 5/9724 words
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Advertisement625 1979-08-09 15 Scan Dutch 9 IVi i i *1 i VM j Ivi i :M»I:I »> t« f v l j »THI :fi? Wi<«n:i in 1) «*c*m (w 2) tmmkmtm. Imlwmf It Knit. UM Cmmy Maxdi J) fraawi twO* Ci>iMi«». KM 4) I M luadar m>* accaptog c»p to Baagk* P <*«|625 words
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Advertisement614 1979-08-09 15 BOUSTEAD SH,PPING AGENCIES THE BANK LINE LTD. LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobile, Houston, Galveston) S«i|apore HOWELL LYKES (loads) 11/12 Aug STEUA LYRES (toads) 24/25 At* P Ketang Kuantan US GuN II Sept 21/23 Hut 29 Sept U.S. WEST COAST SERVICE (Honolulu, San Francisco, Portland, Vancouver614 words
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Page 16 Advertisements
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Advertisement994 1979-08-09 16 li K LINE KAWASAKI KISEN KAISHA. LTD EUROPE EXPRESS SERVICE TO EUROPE P KeUng i Havre R dam N CORA! 14W t: paui 17w K iale hn 1W N PEARI 16* r RU;E !•>* 3] Aug Sept 5 Sept 4 Sept b Sept 9 Sept 10 Sept II Sept 15994 words
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Advertisement890 1979-08-09 16 y/u 11.5.A./EAST CANADA SERVICE PM*I P Keiang s<«t«o" E.C./CREAT EAKES SERVICE LOAOMC FOR NEN TOM. NORFOLK MONTREAI TORONTO ASHTABULA Penang Belaaan P Singapore VBHUA TET (Ml Oacage) VBMVAMAMAA M/ 31 Au| 21 29 Aug 29/27 Aug CALIFORNIA/PACIFIC NORTH WEST SERVICE Leadfag tar LOS ANKLES SAB FRANCISCO SEATTLE. TACOMA VANCOUVER 8C890 words
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Advertisement592 1979-08-09 16 O S A(ii'(iun SINGAPORE SHIPPING AGENCIES PTE LTD ?otm floor ocean buhding Singapore i MARKETING *****2 (3 LiNESI GENERAL 4')ni iU LINESi TELEX RS ***** RS ***** A B C ARS HIP •CAEJ L E CARGOSHIP l'c<|i<Hinl lontaiiier IJim's WEEKLY CONTAINER SERVICE to/from BANGKOK Nf SER BftOKEf NESER BROKER RISER592 words
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Advertisement474 1979-08-09 16 22 BUNGA ttUWCJ *13 t( 0/9 A*) BUN&* SETANARt *513 t< VII Ami) BUNGA Must ¥315 t< 17/ II •<l3/10 Ami) BUNG* BNMNGJ V 412 t(IS/19 A*) *<13/10 EXPRESS UHTIOAD SOWICE PASM f Mang Singapoie Lllfc| to hW 10/11 Aue K thuMb hi 'art U/12 ku| Sibu Lab Muara 17/11474 words
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Advertisement843 1979-08-09 16 INTRASEA (PTE) LTD. Faber House 2Z4E Orchard Road Singapore 9 •< Telephone *****1 "*****57 <1 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE NOR ASM WBSO S port P. Kctei( Penang Loadmg tor: NORASIA WB4* 10 Sep 4 S«p Aeon <UK i Boulogne Antwerp SIA NBSO 25 Sep 29 Sep Avon843 words
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Page 17 Advertisements
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Advertisement169 1979-08-09 17 CELTIC BULK CARRIERS ißennion Smith I me |_t l .>n.l Ir.sh (<1 Regular Bulk Service For Timber Plywood Onffai Agents Marathon United Agency fte Ltd Spore let; *****66 (3 ines) Sub Agents Mmtot 9m Semcei Sdn Bhd: Ki TH UOC7S P. Ketang TH JMIO3 CEYLON tea SHIPPING CORPORATION National Line169 words
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Advertisement174 1979-08-09 17 li£td RANGOON/CHITTAGONG/CHALNA SERVICE M.V. FIVE ISLANDS eta ETD In Port TBC CONTAINER SERVICE TO AUSTRALIA ETA ETD IOADWG FOR M.V. SUN EMERALD Sated Sydney/Meßawne/Adela.de Fronantte General Af«nts Gulfeast Shipping Pte Ltd Suite 704/706. Ocean Building. Collyer Quay. Singapore 1 Tel *****3 (10 Lines) P.T. POWJSAHAAH RELAY ARAN *3 ANGKUTAN PERTAMBANGAN174 words
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Advertisement238 1979-08-09 17 lIAN SOCN SHIPPING 4 TRADING CO (PTE) LTD ,101 I't* fLOO' CM BullOI«l&,tO»i|ISO* *0»0 SHIGAPON 1 m moin cmk nwnmo 1 MV 'SfIAMM DATANG 10 I 71 M V "CKWY BAGUS 12-1-71 MV "CIOWT MTA" 14-1-71 r m "ium mmw m row I" M V S£N6 HONG' 114-79 r M238 words
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Advertisement227 1979-08-09 17 KM IV Booking- hi bookings m Malays* Contact KAI UNION SHIPPING So 26th Floor UIC Building, Shenton Way, Singapore, 1. Telephone: *****66 REGULAR SERVICE TO CHTTTAGONG ETA ETD 31 Aug 2 Sep SONGXHLA SERVICE is Ami i 8 Aui SMGAPORE/PENANG/PHUKET SERVICE 10 A* 15 Aug REGULAR SERVICE TO BANGKOK 15227 words
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Advertisement226 1979-08-09 17 IflTEßmODfll 6ULC PTion une iii-iliHarii 2nd Fir. Oriental Plaza, Jin Parry, K L Tel: *****4 Tele* KL IBLINE MA ***** FAR EAST/STRAITS/EUROPE SEMI-CONTAINER SERVICE FII CON (KM). TBN (MS) P Gliding Spore P Mang Onjng Rdart 15 18 Aut dan Hb{ lap. UK tScpt 9 S«pt -i$ STRAITS/EUROPE SEMI-CONTAINER SERVICE226 words
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