The Business Times, 5 September 1979

Total Pages: 18
1 18 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) N». 141/1/11 WEDNESDAY, SEPTEMBER I, 1179 50 CENTS
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  • BRIEFLY...
    • 61 1 AP BANGKOK, Tues. Thailand will propose the setting up of an oil reserve for emergency needs in South-east Asia at the forthcoming Asean meeting in Manila. Disclosing this, a government spokesman said the proposed oil reserve plan would be similar to an Asean agreement to reserve an
      AP  -  61 words
    • 58 1 Agencies. LONDON, Tues. The International Institute for Strategic Studies in its annual report on the "Military Balance 1979/80" released today says that the Vietnamese army has risen from 600,000 to one million men as a result of wars in Southeast Asia. The country has also received modern
      Agencies.  -  58 words
    • 86 1 Reuter. LONDON, Tues. China is believed to be developing an intercontinental ballistic missile (ICBM) of 132,900 km range and the first of these is probably operational, the International Institute for Strategic Studies said in its annual report published here today. The report on the 1979-90 military balance added
      Reuter.  -  86 words
    • 74 1 AFP. BANGKOK, Tues. The governor of the Bank of Bangkok, Dr Snoh Unakul, yesterday said Thailand would be facing an inflation rate of 15 per cent, or even more, this year. He said this was a rough estimate, and the exact figure would depend on the increases in
      AFP.  -  74 words
    • 84 1 Reuter. PARIS, Tues. Oil consumption has fallen in the United States since the beginning of last year but risen in Japan and leading European industrialised countries, the Organisation for Economic Cooperation and Development (OECD) said today. In its monthly report on oil trends the group of 24
      Reuter.  -  84 words
    • 67 1 Reuter. TOKYO, Tues. China, seeking money for its ambitious industrialisation plans, has asked Japan for loans totalling 1,210 billion yen (5J11.82 billion), Japanese Finance Ministry officials said today. The request has been made by visiting Chinese Vice Premier Gu Mu in order to finance eight large projects
      Reuter.  -  67 words
    • 72 1 UPI NEW YORK,Tues. The stock market headed lower early today in fairly active postLabour Day holiday trading. The Dow Jones industrial average, which gained 3.93 points on Friday to a 10-month high, was off 3.06 points to 884.55 in the first hour of trading. The Dow gained 7.43
      UPI  -  72 words
  • 148 1 Rises Indices Austral Amal 585 35 Sungei Bcsi 960 30 Sept 3 Sept 4 Intraco 304 14 B.T.Index: 2472.14 2483.87 M Breweries 590 10 Industrials: 403.89 404.87 FAN Gent ings Straits Trading 575 410 715 10 10 5 Finance: Hotels: 729.44 727.08 291.63 290.66 Min Sec 695
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  • Article, Illustration
    165 1 Rises Indices Castiefield 1530 30 B.T.Index: Seot 3 Sept 4 Petaling 1030 20 3490.35 3515.58 Gold Coin 277 +17 Industrials: 434.66 434.93 C and C Bin tang 306 13 Finance: 630.64 631.81 Tan Choof 480 10 Hotels: 257.91 258.28 Harper Gilf 380 +08 Properties: 238.44 238J4 Genting 406
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  • 618 1  -  SPOT MARKET PURCHASES By JOHN LIM SEVERAL plans to ease the diesel shortage further will probably be implemented before the month is out. Senior officials of the Singapore Ministry of Trade and Industry are considering proposals to control diesel purchases by Malaysian lorries and how
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  • 311 1 Reuter THE price of gold broke even more records yesterday as the markets turned to it instead of paper currency in an attempt to safeguard against worldwide inflation and political uncertainties. Gold was set at a record U*****.90 an ounce at the morning price-fixing
    Reuter  -  311 words
  • 552 1  -  By MANO SABNANI CONSOLIDATED Plantations, Sime Darby's largest plantation subsidiary, yesterday announced a share swap scheme under which it will shift domicile back to Malaysia. The scheme is broadly similar to that for Sime itself. Shareholders of the company are to receive one share of
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  • 312 1 THE Singapore Manufacturers Association (SMA) is sounding out its members on the usefulness of the various incentive schemes provided by the Government. A source said this is the first time the SMA is seeking the opinions of all its 960 members. Should the present forms of assistance
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  • 255 1 BANKEBB aay tke prime Ireilag rates (PLR) «f Iml kub will tin te m Ugh ae lit per eeat keivrngf level rf I per eeat mcM m early m ■est Math. Tlw ikiemttni were madt yesterday ihi after tke Devetopmeat
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  • 478 1  -  By FOO CHOY PENG IN WHAT is believed to be his first participation at an international conference, the managing director of the Bank of China and director of Beijing's International Finance Research Institute, Mr Lin Ji-Xin, will be one of two senior Chinese officials
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  • Page 1 Advertisements
    • 20 1 whatever you need in menswear.get itat... MOHAN'S DEPT. STORE (PTE) LTD. 321 Orchard Road "M *****22 (next to Mandarin HoM)
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    • 43 1 FRATA N€WS WE ARE PLEASED TO QUOTE COMPETITIVE RATES BY CONTAINER CONSOLIDATION SERVICE FROM M' FOR FURTHER DETAILS APPLY TO: MR. TAN KAY HOCK MRS. JUDY TEO FRATA SHIPPING PTE. LTD. Suite 801,8tto Floor, World Trade Centre, Maritime Square, Singaoore 0409 Telephone: *****04
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    • 61 1 Leader~ Pace! mm. SHIPPING TIMES RINOGIT credit mH t STOCK market repert 19 INDONESIAN MMw may STRANGE irim ia it 8»i wmk* H per wt S II WORKING mi be faa S PUBLIC Beak preflt |Mfi II DEBATE «a 4e-n>falatlag air- RECORD grewtk la eatj sapttaee I ply It MEMOT
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    • 3 1 Leader.- Page f
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    • 95 1 FOR PEOPLE WHO MATTER A list of features as long as your arm. The Olivetti Copio 1550 reproduces manuscripts, typescripts, photocopies, drawings, photographs, books, leaflets and almost anything. Even three-dimensional objects! And it copies on both sides of plain paper. As well as on transparency film for overheod protection and
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  • TRADE AND INDUSTRY
    • 419 2 COURBEB AND TALKS Sept 3-5: Parenthood in Transition, RELC, S'pore Family Planning Association Sept 17-19: Finance for Nonfinance Managers, Hilton Hotel, SGV-Goh Tan Sept 24-25: Finance for NonFinancial Managers, Ming Court Hotel, Price Waterhouse Associates Sept 27-28: Planning Budgetary Control for Management, Ming Court Hotel, Price Waterhouse Associates
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    • 185 2 OGILVY and Mather has created a full page colour advertisement in a major newspaper in Peninsular and East Malaysia (or the launching of the American Express Ringgit Card. The advertisement resulted in several hundred enquiries the day after they appeared. Mr K.K. Ng, American Express Card manager
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    • 393 2 THERE are seasoned people in the building industry who have not kept up with progress, who resist changes and show disregard for proper procedures. Graduands at the 19th graduation ceremony of the Singapore Polytechnic yesterday were urged not to succumb to such negative influences which are detrimental
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    • 435 2  -  By CHOO AI LENG MEIDENSHA Electric Manufacturing Company, one of Japan's largest producer of heavy-duty electric equipment, will invest 13 million in Singapore to manufacture distribution transformers. Its local subsidiary, Meiden Singapore, Is Meidensha's first overseas factory and is a Joint venture with Bright Electric Engineering
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    • 223 2 IN LINE with the Government's call for greater usage of computers, the Export Credit Insurance Corp of Singapore (ECICS) recently purchased a WANG VS Virtual Storage computer system. The system is part of a new generation of minicomputers. The WANG VS computer has the power
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    • 53 2 The Tokyo-based International Institutional Investors' Club is organising a talk on gold on Sep 10. The speakers will be two stock brokers in gold shares, Mr Michael Levinson from New York and Mr Peter George from South Africa. The talk, at Shangri-La hotel, will start
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    • 70 2 VEBBATILE flririf reds for the He fish ugler will he dhphyed by Ln Batterwerth at the Aastrallaa Trade Cemmlsglsacr'g shewreem display ef spertag geeds aad Msare eaalpmeat la Sagapere (ram Sep 11 te IS. The reds, tf high-density tahalar flhrtglm, are si several types iaeladiag 12 tw»-pieee
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    • 257 2 CHUBB Singapore has brought one of their latest fire-fighting machines from the United Kingdom to be displayed at the Intersafe Exhibition at the World Trade Centre starting today. The Are truck called the Pursuer, embodies a new concept in airport crash vehicles. Powered by a
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    • 281 2 THE Singapore Fire Brigade has drawn up a 10-year plan to upgrade its fire services and to reduce response time fo fire calls to between five to eight minutes. This was disclosed by Dr Ahmad Mattar, acting Minister for Social Affairs at the opening
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  • Page 2 Advertisements
    • 254 2 Now! The Buku Merah offers you an ever more effective way of selling your products and services In the Buku Merahs pink pages, classifieds business section It pays to be listed in the Straits Times Directory of Singapore. Singapore businessmen have known that for the last 82 years and that
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  • REGIONAL
    • 176 3 AFP. INDONESIA'S inflation rate for the current fiscal year may reach 30 per cent, if the government fails to take effective remedial measures in the monetary and economic fields. This was disclosed by the influential Sinar Harapan daily quoting a Member of Parliament. Mr •Ridwan
      AFP.  -  176 words
    • 312 3 UPI IN A move to consolidate the Philippine coconut industry under a single authority, President Ferdinand Marcos ordered a private bank to invest in a private corporation that would coordinate the buying, milling and marketing of copra and its by-products. A government announcement said the
      UPI  -  312 words
    • 131 3 AP. CHINA is investigating all aspects of its economy before preparing its next fiveyear plan starting in 1981. Investigators and researchers have been sent to various provincial cities to assess the current performance of the economy. China's official Xinhua news agency reported from Beijing that
      131 words
    • 31 3 Reuter THE Philippines' 1900 budget of 39.80 billion pesos (about Ssl2 billion) a rise of five billion on last year, has been approved by the National Assembly.- Reuter
      Reuter  -  31 words
    • 140 3 PROCEEDS tram the nle af MltUitl art wirki by AutnUu Aharigtaa hi km towe imptrteat la fl—Hag Abwlghnl settlemeate set ap to allaw Ahertglatla to fellew their tribal way ef life. A cempaay to veil the werhs, Aberigiaal Arte aai Crafts, was set ap la I*7?,
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    • 448 3 UPI. AUSTRALIAN farmers, scientists and government organisations, are gearing up to fight a plague of locusts which experts predict will reach massive proportions. Early spring hatchings have already reached plague dimensions particularly in New South Wales and to a lesser extent in adjoining parts of
      UPI.  -  448 words
    • 176 3 Reuter. JAPAN will limit its crude oil imports to 6.3 million barrels a day by 1985, the lower end of a scale decided on at the Tokyo economic summit, a government spokesman said yesterday. The decision will be formally announced by Japan's International Trade and
      Reuter.  -  176 words
    • 114 3 SHANGHAI has started publishing a bimonthly magazine about foreign countries, the first of its kind in China. Aimed at young readers, the magazine. Window on the World, introduces the politics, economics, military affairs, culture, educational systems, customs and habits of foreign countries. Its material comes from
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    • THE REGION IN BRIEF
      • 509 3 BUOYED by the increase in exports to the US, Japan's exports totaled U556,341 billion in August on an export letters of credit basis, the Finance Ministry and the Bank of Japan announced yesterday. The joint announcement said the August export was up 19.7 per cent over the corresponding
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    • 203 3 BEAUTY is officially back on its pedestal in China and to prove it a recently launched television documentary features a silk-clad Shanghai couturier saying Chinese women have a right to be elegant. The 15-minute show, called "Aspiring to beauty", was created by the National Television
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    • 86 3 AFP. A CONSORTIUM of Belgian companies specialising in building and operating port infrastructure has been formed to carry out projects in China. The group, called Belgian Harbour Contractors, consists of eight Belgian companies Tractional Engineering International, Compagnie d'Entreprtse, Six Construct International, Bootnse Metanl Werken, Nobels
      AFP.  -  86 words
    • 426 3 UPI. MOST private manufacturers in India made a profit in the fiscal year ending March 1979, a survey published in New Delhi shows. The survey covered 359 companies producing a range of products including aluminium, chemicals, automobiles, sugar, textiles and drugs. Of the companies studied,
      UPI.  -  426 words
    • 96 3 THE Indonesian army newspaper, Berita Yudha (War News), yesterday said corruption could not be eliminated all at once. The paper said in an editorial that it was accepted that no single Indonesian would tolerate any corrupt practices. "Corruption cannot be eliminated all at once as it
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    • 204 3 Reuter. PAKISTAN'S President Zia Ul-Haq has written a letter to caretaker Indian Premier Charan Singh proposing an agreement between India and Pakistan for joint inspections of each other's nuclear facilities, the Indian Express newspaper reported yesterday. There was no official confirmation of this, but the Press
      Reuter.  -  204 words
    • 173 3 DESPITE predictions of a bumper harvest this year, prices of both Thai paddy and milled rice on the domestic market have remained high and may go higher, a major exporter said yesterdat. Mr Saman Ophaswong, president of the Rice Exporters Association of
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    • 118 3 AP. NICHIMEN, one of Japan's major commercial houses, said it has signed a contract to import jet fuel from China. The contract signed with the Chinese National Chemicals Import and Export Corporation called for China to ship 6,000 tonnes or 50,300 barrels of jet fuel
      AP.  -  118 words
  • Page 3 Advertisements
    • 106 3 With Pakistan International Airlines, ife just like coming home. There's nothing better. Every Tuesday and Thursday, Pakistan International Airlines leaves Singapore at 9.40 pm for Karachi direct. With almost immediate connections on to Abu Dhabi, Damascus, Dhahran, Dubai, Jeddah, Muscat and Teheran. With Pakistan International Airlines, you will feel like
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  • RAW MATERIALS
    • 772 4 FT THE OIL crisis has set a classic "swings and roundabouts" problem for those whose business it is to (orecast future trends in the natural rubber market. Oil is the basic raw material for the manufacture of synthetic rubber, so
      FT  -  772 words
    • 318 4 SINGAPORE: Yesterdays closing prices in SI per kilo, ex-godown: THAI WHITE: 1M per cent am clan (Kangaroo) new crop 0.16, 100 per cent second claaa 0.86. 100 per ccnt third claaa OJO, 25 per cent new crop no lock, B-10 per cent 0.70. THAI BROKEN: A*uper 0 62. Special
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    • 151 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) C*Om yin: China Blue Phoenix 20a 2,270 32s 2,800, 40a 3.040 (per bale ot 400 lbs). Pakictaa no mUm: LSS 4 16; 4F 4.15; 289F 4.20; NT roller ginned 4.18 (per lb). CLOTH
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    • 329 4 THE SINGAPORE market ctoaed higher yesterday with September One RSS buyers quoted at 276.75 cents per UK), up 1.25 cents from Monday's close, dealers said. The morning market firmed 1.75 cents on reports of renewed Soviet offtake for latex in London on Monday together with trade and speculative buying
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    • 303 4 H AS. prices tn cents per kilo yesterday: Noon (per Ulo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 271.00 MOON Int. 1 R.S.S. September 277.75 278.25 Int. 1 R.S.S. October 271.00 279.50 Int. 2 R.S.S. 27X50 273.50N UK/Coat 271.50 272.50N Int. 3 R.S.S. 368.50 269 50N UK/Coot 267.50
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    • 107 4 NOON SSI HAS 1 and SMR pric m (Curat Bnyara S< iltot) 266-50 ilat) 2*2.60 October (Forward Ulk) SSR 20 SSR 50 (1 ■too pa (1-ton pa •Ifera 267.60N 264.60N Dijtni 286.50 262-50 267 60N 264JON MKKLB SMRCV SMRL SMR CP SMR 6 SMR 10 SMR 20
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    • 149 4 THE SUGAR futures market closed little changed in continued quiet trading yesterday, dealers aid. October closed at 9.70/72 US cents against Monday's 9.70/74 close. January at 10.22/36 against 10.20/40 and September at 11.60/68 against 11.62/CB cents. The cotton market yesterday continued the recent quiet trend with no trades
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    • 337 4 COMMODITY prices quoted on the Singapore Chinese Produce Exchange of Singapore yesterday were mostly unchanged on a nominal basis. But in the open market, the general trend was steady with more buyers coming on the scene. Uncertainty ruled in the coffee bean sector of the market where dealers
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    • 80 4 C.I.F. North European ports, In US dollars per ton unless otherwise stated. LONDON: Mod Previous Malaysian 5% ffa bulk per tonne October November unq M5.00alr OSOOOslr 047pd Sumatra 5* ffa bulk AUfUSt September October November December Afloat 652.50elr 962.50slr 655 00pd 6«2.50slr 962 50s Ir MO.OOslr 657.50slr 662.50slr
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    • 58 4 THE STRAITS Ub price to aasSS Srt y WjSt, Mm nli Market itrMftfe wm cavafed ky .tie firmer Laiiti irleei which prompted stress demand tram all MIWM. mill supplies ef tie eeeeeatntoi frein ZZLmI? srtth tw>w laereastog to 91 teanes tram 259 h— ea "zcwuiv ■vaicrs rrpvncv rattoaiag
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    • 31 4 Rubber: Sept 4 Singapore: September 276.75 cents (up 1.25 cents) Malaysia: September: 276.75 cents (up 1.50 cents) Tin: M* 1,945 (up $5) Official offering: 290 tonnes (up 60 tonnes)
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    • 878 4 COFFEE: Robusta futures ended a quiet opening call about steady yesterday morning after (ailing to bold initial gains that ranged to around £9 per tonne in near months dealers said. At end call near months movements ranged between £4 up in spot September to £9 down in March.
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  • ASIAN STOCKS
    • 571 4 TOKYO Source: DBS-Daiwa WITH no strong Incentives, the market continued inactive due to a wait-and-see attitude prevailing in the market. The Nikkei Dow Jones index closed Y4.1l lower at Y6401.68. Turnover remained low at 200 million shares. Towards the end of the trading session in the afternoon,
      Source: DBS-Daiwa  -  571 words
    • 329 4 THE market yesterday Closed With mining stocks easier after the recent record breaking gains, and the industrials a little stronger after recovering from falls during the morning, dealers said. The Metals and Minerals index eased 15.16 points to 3509.71 and the All Ordinaries gained 0.85 points to 652.86, with
      329 words
    • 98 4 SEPT M Peso* Acoj* Mining jam •oaxa AUu con A AUu Con. a 21.00 0.1 BtfUto OoW BvnANt Con. B am -«JOOOB 0 3b BF Goodrich U 00 unch mr» 14JO •Oi Into B LtnOotl H J01S6 4MB Lrponto B l«T5 unch Mmrtndaqur B MO -0.1 Mertlco ISJO 0.1
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    • 251 4 SEPT 04 Am&l Rubber HK* InU Pacific Sec Jardine Loan 66 JOB -160 Associated Hotels Bowaters Cheong Kong China Enet Z ijo H MM 4 JO 0.05 02 0025 Jardine Math Jirdlne Sec Kam Ngan Gold 6 KB 4 JO China U«ht City Hotels 19-50 -02 Lane Crawford z
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    • 234 4 KEPT 04 Asm Credit Batlts 224 Metal Box New City ia 1 Asia Fibre in 42 Rata Finance 3]] Ayuthaya In* And Trust Bangkok Investment Bangkok Bank 224 3M -2 2 Rama Tower Safely InsurAnce Saha Palana Investment W 50 254 ♦I -2 Bangkok Drying Ana SUo Bangkok Insurance
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    • 60 4 FINANCIAL TIMES INDUSTRIALS HJLHANC 8ENG Monday 403.0 Tuffdty 5S2.&3 Friday 466.5 Monday 500JO Week Ago closed Week ago 575.60 DOW JONES AVERAGE INDUSTRIALS SYDNEY INDUSTRIALS Monday ——closed Tuesday. 527.44 Friday 887.83 Monday S2S.87 Week tgo 888.41 Week mfo 321.88 LONDON DOLLAR PREMIUM Monday 29'* to 29*< Friday.. 28
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  • Page 4 Advertisements
    • 240 4 1 u t THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE, SINGAPORE. 26-30 MAY 1980. Every year, thousands of new rubber and plastic products enter the market. Whether for use in industry or the home, every product reflects some new development in engineering or marketing expertise.
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  • OVERSEAS
    • 76 5 Two workers of a gang system, in which small groups of workers put together an engine or a washing machine under their own steam, operating in Bonn. These workers are responsible for the entire operation and time schedule. The gang system is one of the Bonn
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    • 178 5 UPI THE newsprint shortage appears to be easing a bit but the price is on the rise again and some newspaper publishers are tightening operations. The major paper mills in Canada and the United States have raised newsprint prices by US$3O (5564.50) per ton
      UPI  -  178 words
    • 63 5 Reuter YUGOSLAV President Tito, the last surviving founding father of the non-aligned movement, was scheduled to make a keynote speech on the second day of the organisation's summit conference yesterday. Delegates, including 50 heads of state among the 94 members present, were eager to hear his reactions to
      Reuter  -  63 words
    • 381 5 UPI. RUSSIAN censors ran an ideological fine-tooth comb over works brought in by Western publishers for the Moscow international book fair. Works by Nobel laureates Andrei Sakharov and Alexander Solzhenitsyn, Israeli Prime Minister Menachem Begin and the daughter of Josef Stalin were weeded out
      UPI.  -  381 words
    • 311 5 Reuter. FORMER American Secretary of State Henry Kissinger said the West must update its nuclear strategy within five years to meet growing Russian power. He told a Nato conference the US will no longer have strategic superiority in the early 1960'5, when its land-based strtttegic missiles will
      Reuter.  -  311 words
    • 362 5 A MAJORITY sf Britala's 1.1 mllllea eaglaeerlag ladastry worker* were ea strike ea Meaday despite reparti a revelt agalast their aalea leaders. The -strike was laaaehed ijm c r to wla a a basic weekly pay lacrcase frem C* to £81 peaads aad
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    • 325 5 UPI. BRITAIN'S oil production in the first six months of this year equalled that for the whole of 1978, the Department of Energy said on Monday. The record production from the North Sea, at 37.4 million tonnes, was 53 per cent more than that
      UPI.  -  325 words
    • WORLD IN BRIEF
      • 334 5 Agencies. PRESIDENT Carter appealed to trade union leaders to back his controversial proposal to tax excess oil company profits. In a speech prepared for delivery at a Labour day holiday picnic at the White House, Mr Carter praised the union chiefs for their support for his energy policies
        Agencies.  -  334 words
    • 294 5 UPI THE French Government, worried about threatened labour unrest, plans to stimulate the nation's lagging economic growth in the new 1960 budget now being completed, government officials said. The stimulative measures plus heavier military spending will force the government to write into the budget a new
      UPI  -  294 words
    • 238 5 UPI IRISH Prime Minister Mr Jack Lynch, speaking on BBC Television, said the people of Ireland have been patient enough the time has come (or Britain to help find a solution to the killing in Northern Ireland. In the BBC pogramme 'Panorama' on Monday night,
      UPI  -  238 words
    • 804 5 ARRIVALS Service Local Operator Number Tine Prom TMA TL375 0530 BEY DXB, BOM KUL MAS MH601 0700 KUL MAS MH682 0710 KCH S1A SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0645 KUL RBA B1421 0930 BWN MAS MH671 0945 PENKUL CPA CX710 1005 HLP GIA
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  • Page 5 Advertisements
    • 106 5 I For the man on-the-go! There's nothing more exciting than a'cahulating specialist to challenge hislile-stylel on-the-go credit card sized electronic calculator does more than offering calculating shortcuts to enable him to get faster to the top than anybody else. EL-8245 8-digit Calculator with •World-time •Calendar •Alarm •Timer eQuartx Clock EL-8145
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    • 50 5 When youiVe got problems with your transport, AMB can help. Talk to AMB about leasing your new prime mover, trailer, lorry, van or coach. v V r You'll get on better with us. Associated Merchant Bank Re. Ltd. 700-712. Straits Trading Building. 9 Battery Road. Singapore 0104. Tataphona *****3-5 Unas
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  • 485 6 IT WAS just two months ago that partial decontrol of oil prices was put forward as the answer to short supply. That partial relaxation has not been the answer. Today, the solution that is being tested is an excise tax on retail sales of
    485 words
  • 192 6 THE Goverhment's concessionary tax scheme is undoubtedly one which local exporters will welcome and make much use of. But there is one stipulation in the scheme which is rather difficult to justify that a company must be exporting more than $10 million of goods a
    192 words
  • 1131 6  -  By WINSTON WILLIAMS NYT. IN THE GREAT debate last year over whether to free the United States' airlines of regulation, opponents warned that an initial period of rising profits and expanding systems would eventually give way to financial setback, declining service and bankrupt carriers.
    NYT.  -  1,131 words
  • 949 6  -  Hongkong's garment and textile manufacturers are feeling the squeeze as a result of protectionism. Some have found, however, that a move into higher quality goods can be unexpectedly profitable. JON WORONOFF reports. JON WORONOFF FT. IT'S HERE again the garment buyers' season. With all the regularity
    FT.  -  949 words
  • Page 6 Advertisements
    • 119 6 m ApTs S «tal I 4 ft 'I? 5V Vi V M 0:0 ?4 A £k 0 m mil i*l«to* f 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
      119 words
  • Page 6 Miscellaneous
    • 1402 6 School boys' happy days POB i ■lirtsfarl. CisTl at IMfm. Light ea the fh«ln b The Gtory (the Bto art year wUL At I.Wf, efc* this eew«y *Hee tttte tmirki tt the nwi Have G» WU! Travel perfeays T'* 0 (yawa) ti a tqeat «f the Tfinrna up ■miii wys
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  • 775 7  -  rU.S. TELECOMMUNICATIONS By PETER SCHUYTEN NYT. THE UNITED STATES is r- facing a challenge to its telecommunications su- premacy from developing nations in Africa, Asia and South America that are dei manding more access to J the frequencies of the radio < spectrum. r Nowhere else will
    NYT.  -  775 words
  • 620 7  -  By GILBERT SEDBON Reuter. FRANCE has begun assembling the C world's first commercial fast breeder :'i reactor and is stepping up its overall nuclear energy programme to beat the oil crisis. The massive concrete shell of the new nuclear power plant, jutting out of rolling farmland
    Reuter.  -  620 words
  • 766 7  -  FORUM. with BRENDAN JONES NYT. APPRAISALS, the means of determining the value of property or other possessions, are becoming increasingly essential for businesses and individuals as a high rate of inflation continues unabated.. But high inflation has made evaluation something of a
    NYT.  -  766 words
  • Page 7 Advertisements
    • 25 7 M 26 22 75 O *7 00 > NUCLEAR POWER PLANTS IN OPERATION Sown 1 .Atomwwtschafr DI/79 Figttrts from: 3J December 1978 I f w IINP
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    • 507 7 TRADE with CHINA OCTOBER 11 12,1979 Applied Research Corporation and Business Times (a member of The Straits Times Group) will be organising a top level conference on TRADE WITH CHINA. The two-day conference will be held in Singapore on October 11 and 12,1979 at the Shangri-la Hotel. The conference will
      507 words

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 279 8 SEPT as Frs CORBEILLE Air-Liquide B S N Gervais Danone C S F (ThomsonCtl) Cle Franchise to Petroles Compagnie Financiere < ompagnir Generale Credit Foncier Oe France Hachette 1 I.ibrairie) Machines Bull Mirhelin IB) Paribus Pechiney Clgine Kuhlmann Peugeot Philips (Nv Gem Bezit) *66 745 435 209*0 300 502
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      • 206 8 SEPT 03 Fls ABN 335 00 Ahold 91 10 3.1 Akzo 3040 01 AMFV 07.50 1 Amfas 118 50 06 Amro Bank 73 00 0 3 £2°" 58.30 96 00 0.1 Bols 66 50 0 7 Bor.su mij ***** 05 Burhmann 65 90 0J Byenkorf 7380 XI Calve Delft
        206 words
      • 97 8 SEPT 03 fn FORWARD MARKET Acff 434 •11 Arbed 2705 .♦5 Astur M4 •4 Brascan «10 •4 Bru Lamb 1725 -20 Canpac 988 48 Cock 444 -11 De Beers 263 unch Ebfi 2175 -10 Electrobel 6400 unch Gb-Inno-Bm 2610 *10 Gev 1)50 unch Hobok L_ 2750 -105 Pelro 5020
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      • 197 8 SEPT 03 Dm Aef-Tejefunken 4660 -0.2 Akio 27 70 +0.2 AIU Leben 830 00 IS Alls Vers ***** ufMti BASF Bay H T Wbank 140 OOB 254.00 2T7 00 BBC1ST, 00 BMW rauell. Chem Venr Cotnmerzbank Conu Gummi 350 OOB 285 00 ***** 53.20 unch unch 82 unch Daimler-Benz
        197 words
      • 186 8 SEPT 03 Francs Actions Sunn 200 -2 Alusuisae Br 1310 5 Alusuiss* Krf SOS unch Brown Boveri Br. >900 unch CitM Geify Br 1206 -5 Ciba Geify P C 10S0 unch Clba Ref TOO 4 Credit Suisse Br 2206 unch Credit Suisse Ref 440 -2 ElekLrowalt Br 2145 15
        186 words
      • 104 8 SEPT 03 Lire An* 15 .1 Assoc Oen ***** -300 Ba&loc> 6M •14 Central* 6490 -90 Fiat 2700 -25 FiiuxJer ***** 5.25 Oen Ira mot) 94 25 •1 25 IF! Pn 3436 -6 ItaicemenU ***** •160 I taiga* 810 3 lulsider 345 -4 Ma«neu M PI 660 Marelli Ere
        104 words
    • 120 8 COURTAULDS is to close three cotton spinning mills employing about 700 people in the north west of England under its modernisation programme. The company hoped to absorb a large proportion of this personnel in other mills now being reequiped or expanded, although some redunancies will
      120 words
    • 174 8 Reuter. EXXON Corporation announced that it had begun negotiations with the US Federal Trade Commission (FTC) to settle the Commission's challenge to its proposed acquisition of Reliance Electric Company The FTC has moved in the courts to block the US$l.l7-billion acquisition on antitrust grounds.
      Reuter.  -  174 words
    • 27 8 THE New York and Toronto slock markets were closed on Monday for Labonr Day. The Johannesburg market was also closed on Monday for Settlers Day.
      27 words
  • Page 8 Advertisements
    • 217 8 Where to wine, dine and entertain 1 "II Delectable local dishes and Western lunches set in daintily stylish Jfy Scandinavian decor. Popular SELF-SERVICE lunch daily. »3Be' From 10.30 am to 3.00pm and snacks from 3.00pm spm You've got to try it to believe! Fabulous harbour view ik OOiPHM CtFETEMA Sentosa
      217 words
    • 117 8 For lunch. For dinner. For a richly rewarding experience. Also Businessmen s Lunch Motutav to frid<n >ls :vv. CLSS luvdnese Ri|st<ift*l Saturday Suiul.iv *ih :vv, f SS For reservations call it cnliin I'ni k Slicralon v S>i ***** If X M-<' ft* r 111' GO'S LUNCI 11i( SIDHHOAKI) Nf I\<>iir<am
      117 words
    • 130 8 See Page 4 for Asian stocks 4 Si 111)0X0 Seafood l# W m* js6p w- -> (£urkp tlnlrl t 1 i A > f •>. v* =t > II 41! House A ail Everyday is a big house affair *or us Because each day is another new opportunity to perfect
      130 words
    • 153 8 Take a new look at the Harbour Grill. Trest yourself and your business associates to an excellent lunch selected from our superb offering of choice GS prime beef, our daily Nouvelle Cuisine specialities or let our executive Chef, Leo Waldemeier help you pick a menu that will make it a
      153 words
    • 266 8 t A S T» r A b M -t Merlin's New Grill Room It s elegant, comfortable and quietly opulent, with a menu that will delight the discriminating. Our Businessmen s Buffet (Mondays to Fridays) offers a fabulous spread. There's Prosciutto Crudo, Gammon Ham. Cold and Grilled Lobsters. Baked Crab,
      266 words

  • BANKING AND FINANCE
    • 570 9 ONE OF THE main problems confronting the life insurance industry is its high dependence on parttime sales agents. The development of a financing scheme for new agents is therefore one area that merits adaptation from the American insurance system. Speaking at a
      570 words
    • 125 9 THE UNITED Overseas Bank Group has opened two more money changing counters at Paya Lebar International Airport. The counters, located in the departure concourse and the transit lounge, will provide foreign exchange service for all major currencies to departing passengers and those in-transit. In December 1977,
      125 words
    • 61 9 MB ONNO Vigelenug, chalrmas ef Amsterdam-Rotterdam Bank N.V., Holland's largest commercial bank, arrived here ea Sunday far the official opening af Amra Bank Singapore Branch yesterday. Mr Jeep Weijte (right), geaeral manager ef the Singapore hraaeh, ud Mr J Heart Barkey-Wetf (left), director ef pebUc reUttons,
      61 words
    • 335 9 THE BASIS on which commercial credits are granted to medium-size and large companies in South-east Asia will need to evolve to meet the needs of economic growth, Mr Paul Hunn, a vice president of Manufacturers Hanover Trust Company, said in Hongkong yesterday.
      335 words
    • MONEY AND EXCHANGE$
      • 434 9 YESTERDAY'S foreign exchange market was very ret. With the exception of pound, there was little movement among the other major currencies. Against the yen, the US dollar closed at 220.90/ 221.05, slightly weaker than Monday's closing of 221.50/ JO. During the day, much of the trading was done
        434 words
      • 231 9 CURRENCY trading opened quietly yesterday morning, with sterling a cent lower in One with Far East trading levels following a commercial order and operators reacting to Trades Union Congress opposition to Conservative government's policies. The dollar was little changed against other major currencies opening at marks, 1.6574/84 Swiss francs
        231 words
      • 186 9 Asian rates ASIAN currency deposit Interbank rates as at close on Sep 4: Closing Asian dollar certificates of deposit for prime names: 7 days 1 month 2 months 3 months 6 months 5 months 12 months 1 month 3 months 0 months 12 months 1 month 3 months 6 months
        186 words
      • 21 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8.5 per cent.
        21 words
      • 46 9 RANGE of price* offered by discount house* oa Sep 4: Overnight 3 Call deposits S'i* Ckwisc Baris* Scllii* 3 month Treasury bills 511/16 59/16 3 month Bank bills 8H Mi 3 month CD 8>a 8H 6 month CD SH •W Source: National Discount Co Ltd.
        46 words
      • 60 9 AUSTRALIA/NZ exchange quotes on Sep 4: US dollar *****/1.135 Sterling O.3MD/D.4NS Ninety-day air mall buying rates: Sterling 0.5X0 US dollar 1.1708 Ninety-day forward baying rates: Sterling 0.5W7 US dollar -***** NEW ZEALAND: Reaerve bank mid-rate: US dollar I.OIH Trading bank Inrttcatta—: Sterling 0 4608 0.4479 US dollar ***** I.OOGO
        60 words
      • 334 9 THE SINGAPORE gold futures yesterday closed sharply higher compared with Monday's closing levels in very active trading, dealers said. Opening quotations were marked up between US$4 and US$5 an ounce on buying interest and covering support following the metal's sharp overnight gain in London, they said. Thereafter prices eased
        334 words
      • 184 9 STERLING was the most actively traded currency yesterday as it continued to ease in late trading, with dealers attributing the decline to fears of a detriorating industrial relations climate in Britain. Sterling was quoted at a late U5J2.2375/85 after Europe came in at the 2.2380 level and after opening
        184 words
      • 108 9 THE US dollar for overnight delivery yesterday closed at 211.40 yen, down from a 221.60 opening but up from 221.10 at Monday's close, following strong central bank yen-support intervention in early trading, dealers aid. Trading was fairly active, with volume totalling 5738 million. ihe dollar for immediate delivery was
        108 words
    • 40 9 JAPAN'S external reserves rase by a relatively small UBsB miUtoa (ahsat BHII mllltoa) last snath to reach 125.17 Mlttsa esmpared with m J* Milton la Aagast last year aad a reesri $OJI fedItoa at the ead ef Jaaaary.
      40 words
    • 523 9  -  FAST EXPANSION IN FAR EAST By LEE YOKE MENG FAVOURABLE trade prospects in Singapore and other newly industrialising Asian countries (NICs) was one strong motivating force behind Amsterdam-Rotterdam Bank NV's establishment of a branch here. Speaking at the opening of the Amro Bank Singapore Branch
      523 words
  • Page 9 Advertisements
    • 35 9 men and women at the helm erf Malaysia, Singapore and Brunei A wealth of data for better insight and professional reference; mm 2 r* p r4 0^ ?4 C--v Available now at $4000 a copy.
      35 words

  • BUSINESS DONE ON THE SES & THE KLSE
    • 1496 10 BID and offer prices officially Stated and hinliw in and reported to the Stock Rxchaay oI Saga port yr* terday with the number of shares traded shown la brackets la lots of 1.100 units unless otherwise speciHed. SECTION ONE IKDCSTRIAL A COMMERCIAL Arm a (2 41B) (1) 2.42
      1,496 words
    • 70 10 5 1/4% 1/3/81 (2SOJOOO) (0) 00.40 (2) 90.40 1/4* T F 16/7/91 (290.000) (100-298 *****8) 1/4% T P 16/10*3 (*****0) (*****8 *****8) 0 1/4% T P 16/9/96-97 (*****0) (100.178 *****8) 1/4% T P 1/6/97 (290.000) (100.178 100.275) e 1/4* T r 1&/4/ M (250.000) (100.108 100.206) T V
      70 words
    • 87 10 Striking prices of the options officially Usted on the Stock Exrhange of Singapore yesterday. the period, bids and offered prices and hnslnrgs done, if any, with the number of options traded shown in bracklaw Par (Sept $1.20) (0.298 0.355). ■•goo P E (Sept- $1.60) (0.588 hwhenps (Sept $1.50)
      87 words
  • 157 10 maAMm in S'pore Growth Fund LIS^ LBW NMlATWo Ul kr Sept 1) mooan (On Income Bond E BON ■atfi D inoi Inaa) f The Commerce The Saving Fund 2 01 1J7 121 L« L14 IB S'pore Prog Fund 0.17 1-08 S pore Sec Fund LB l.Ttad MARA 1
    157 words
  • 2715 10 Cr'» Gr** Not 1979 Last Div Div YTd P/E Vol Day High Low Company Sal* cr- Cvr COOO) Hi«k Low 261 207 Ac ma 241 unch 15.0 2.2 63 133 6 242 t 241 196 123* Alcom 196cd 10.0 13 31 231 148 110 Allied Choc 137
    2,715 words
  • 1486 10 BID and offer price* officially lifted and fewinwi to aad reported to the Kuala Lumpur Stock Exrt*i*e yesterday with the number at ihares traded thomm la bradMc to lots at 1,000 units unfeai otherwise spedUed. INDURVULS teM (2.358) Deem (IMB I MS) cd Afes BaM (1) 1.25
    1,486 words
  • 130 10 Jack Ckfe-MPH Ltd: AGM to be held at the Gardenia Room, Shangri-La Hotel, 22 Orange Grove Road, Shiga, pore, oo Sep 8 at 12noon. Salaagar Dredglag Bar* had: AGM to he held at 2nd Floor, Wisma Veh Waa Sum, 12-B, Jalaa Bandar, Lumpur, oa Sep 12 at ll.Mam
    130 words
  • 627 10 SHARE prieee glilifcpi Barrenly mtwni altar u taittal rally at the Btaek Exehaage ef Slagapere yesterday. Preflt-taktag was cited a* the mala depreaaaat. Darlag the tint hnr el the BMralag mlia, the market wae lalriy active aa la vectors aal epotalatari neat ea a seaai haytag
    627 words
  • 374 10 SEILEXTTIVE buying interest again caused the Kuala Lumpur stock market to finish mixed to a shade steadier yesterday. However, with interest waning after the opening session, margins were generally narrow. A selection of counters turned in losses by the end of the day. Trading was restrained despite
    374 words
  • LATEST RESULTS
    • 34 10 has re- ported pre-tax profit for the year ended Jane 30, 1979 of $4.71 million as compared with $4.09 million for the previous corresponding period, on turnover of $260.22 million ($223.55 million).
      34 words
    • 103 10 has reported pre-tax profit for the six months ended June 30, 1979, of Mf1.83 million as against 1636,000 the year before, on sales of 116.64 million (117.11 million). The directors said that the results for the second half of the current year are expected to be
      103 words
    • 43 10 Interim dividend of 5 per cent gross (6 per cent) in respect of the year ending Dec 31,1579. The dividend is payable on Oct 22 to shareholders registered on Oct 5. Books close Oct 6 to 11 inclusive.
      43 words
    • 66 10 Unaudited after tax profit of $364,130 ($312,132), for the six months ended June 30, on sales of $1.48 million ($1.28 million). The company said it enjoyed an average occupancy rate of 9L5 per cent ami expects to maintain tM« for the rest of the year. It
      66 words

  • COMPANY NEWS
    • 975 11  -  By CATHERINE ONG THE UNITED Overseas Bank (UOB) is determined to prove that it is not an exgrowth company but, rather, that it can still generate the same or even higher rate of expansion in earnings assets as in the early
      975 words
    • 458 11 FT P ERB AD AN AN Nasional Bhd (Pernas), the holding company for Bumiputra interests in Malaysian companies, made an attributable profit of M 538.04 million for the year ended Jan 31, 1979. Pre-tax profit was $96 million against $60 million. This is only the second
      FT  -  458 words
    • 334 11 Current Ex Booka Date Total for Total for Payment Date Cloae B Kawal 7HTE Aug 7 Aug 18 Sept 7 13% TE 10%TE(a) T(idu Dev 7.5* Aug 8 Aug 21 Sept 10 7.5% Sel Dredge 20* Aug 21 Sept 3 Sept 14 40% 56% J C Ent 8%<b)
      334 words
    • 156 11 Company Particulars Ex Data Books Close N SO P Bonus Issue of 3 for 2 Aug 23 Sept 5 B Semb Bonus Issue of 3 for 1 Sept 7 E A 1 Bonus Issue of I for 2 Sept 10 Sept 20 U M W Bonus Issue of
      156 words
    • 276 11 PUBLIC Bank ku chalked ■p a strong 34.5 per Mat rise la gnap set earnings daring the drat six miatfci ended Jane SI, aid appears to be headed for a fall year's attributable profit of a boat $4.1 milllea. The group made a profit ef
      276 words
    • 412 11 by HOCK LOCK SIEW ABOUT a fortnight ago, San Hold* ings Berhad (SHB) informed the Kuala Lumpur Stock Exchange that the two civil suits involving its subsidiary, San Development Company (Singapore) with two other parties San Regal House (Pte) as the plaintiff, and Mr Choo
      by HOCK LOCK SIEW  -  412 words
  • Page 11 Advertisements
    • 130 11 WW iSfc v g &»VI&T> f i k>- <m %l» k. 3r ifckViir:. >>. Mk Ji^-.-THESE EYES WERE WITNESS TO A RECORD BREAKING EVENT Those eyes saw us sell over 22,500 copies of HER WORLD in July 22,530 to be exact. A record breaker. Those eyes also saw us bringing
      130 words

  • 259 12 AP. JUGOSLAV m«i media gave wide coverage to toe epealag speech si Cahaa PrwMft Fidel Cxtn at toe •to asa shgard sammit to Havaaa, Mdag hto sac iUe< ipfrmt to inklean «f ißprnwrt. Peiitlka, toe majsr Yigaslav geverameat daily, toak aete tt Dr Caatn'i "aati-!mpertaltgt,
    AP.; AP picture  -  259 words
  • 351 12 THE SPURT in banking credit was extended in July which saw a record annual growth rate of 15.2 per cent in M-l money supply compared with 11.6 per cent in June and 12.5 per cent in May. Bank lending showed a significant upsurge in July, with about
    351 words
  • 134 12 AUSTRALIA has given a guarantee to the Singapore government that all 135 Indochinese refugees on board the Australian registered vessel, Akuna, who are not resettled by other countries will be resettled in Australia. Disclosing this, the Minister for Immigration Michael Mackellar said Australia had accepted a
    134 words
  • 607 12  -  TOURISM, AVIATION, TRADE By HSUNG BEE HWA PROPOSALS to create a fully fledged Committee on Tourism, a doubling of the items under the Preferential Trading Arrangement and the Australian Civil Aviation Policy will dominate the Asean economic ministers' meeting over the next few
    607 words
  • 260 12 PROPERTY developers will soon be given unfettered entry into Sri Lanka, if they intend to invest in projects approved by the Sri Lankan Urban Development Authority. Mr Lalith AthulathMudali, Sri Lankan Minister for Trade and Shipping, said at a press conference yesterday that Sri
    260 words
  • 326 12 FORMER chairman of Haw Par Brothers International Ltd (HPBIL), Richard Tarling, has disclaimed criminal liability for the HPBIL directors' reports and profit and loss accounts for 1972 and 1973. Describing himself as not professionally qualified here or elsewhere, he said he was entitled to rely on the
    326 words
  • 332 12 MALAYSIAN Deputy Prime Minister Datuk Sen Dr Mahathir Mohamed predicted that his country will join the ranks of developed nations in the 1990b. He based his prediction on the fact that in 1990, Malaysia's per capita income is expected to rise to U551,396 (SW.OOO), which,
    332 words
  • 50 12 THE Malaysian government is planning to upgrade technology and expertise in the foundry industry in recognition of its important role in the i economy. The main thrust will come from the Standards and Industrial Research Institute d Malaysia (Sirlm) which will set op a foundry technology development centre.
    50 words
  • 786 12 LONDON, Tues. Share prices and government bond* finished slightly firmer in moderate activity today, dealers said. Dealers added the UK banking figures, official reserves and retail sates index were largely discounted by the market. Government bonds closed 1/8 to 3/S point higher, white leading shares rose as much
    786 words
  • 136 12 S'poreChina hotel deal THE chairman of Singapore Land, Mr Tao Shing Pee or SP Tao, as be is more commonly known, has engineered a Singapore-China hotel project in a Chinese city. The Far Eastern Economic Review said in a recent issue that the proposed 37-storey hotel will be built in
    136 words
  • Page 12 Advertisements
    • 209 12 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 9th March 1982 of: The Industrial Bank of Japan, Ltd. Tower 1301, DBS Building 6 Shenton Way, Singapore 1. We hereby certify that the rate of interest payable on the above-mentioned certificates of deposit for the
      209 words
    • 80 12 Just pick up the phone end Emery picks up the responsibility. When you're busy meeting deadlines, controlling inventory, hounding suppliers, maintaining client service and developing new markets, it's reassuring to know that there is an air freight company which treats your business as seriously as you do. That's Emery Air
      80 words
  • Page 12 Miscellaneous
    • 59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair. Report for 24 hoars prior to 7JC p.m. on Sep 4 at the airport. Maximum temperature .•>. 30.3 Associated humidity 65 Minimum temperature 23.0 Associated humidity 99 Hours of sunshine 6.75 Rainfall in millimetres 5.2 Total rainfall for
      59 words

  • SHIPPING TIMES
    • PORTSIDES
      • 84 13 UPI. CREWS of tankers operated by the Spanish state oil distribution monopoly Campsa have gone on strike in a demand for a shorter work week. Eighteen of Campsa's fleet of 45 tankers were stalled at Spanish ports on Monday and nine more were expected to arrive later
        UPI.  -  84 words
      • 108 13 Reuter. THE SOUTHERN Peruvian port of Ho, through which most of Peru's copper output is shipped, remains under a state of emergency declared last Aug 9 following riots by teachers and copper workers there, a US Southern Peru Copper Corporation spokesman said. A suspension of the constitutional
        Reuter.  -  108 words
      • 78 13 Reuter LONDON second-hand tonnage brokers reported the 29,081 long dwt Ecbu Island (built 1973) sold to Far Eastern buyers for little over US$B million and the 20,922 long dwt Cesira (built 1965) to Italian buyers for $4.5 million. Demolition brokers reported the sale of the Pothiti (4,938 light
        Reuter  -  78 words
    • 480 13  -  SEAMASTER TO START CALL By GOH ENG KEE AMERICAN President Lines (APL) will include Penang as a new direct port of call in its Straits express container service to the US west coast, Atlantic and Gulf ports later this month. President McKinley, one of
      480 words
    • 291 13 UPI. ORE charteriag remalaed Ike staple ef freight market activity la the balk carrier sector sa Miatoy, while small sagar sldpmeata prtvkM empieymeat fer several vessels at the law ead s( the toaaage slse scale. Aastrallaa are rates esaM be seea to be heMtag ap weU wbea
      UPI.  -  291 words
    • 189 13 Reuter. CHINA has reached agreement with a Hongkong firm to establish a plant in Guangdong province to manufacture about 10,000 steel or aluminium containers a year, the Hongkong firm Javelin Company said in a statement. Under the agreement, Javelin will invest $10.50 million to cover
      Reuter.  -  189 words
    • 1265 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates,, by port of destination, the name ship, the shipping line involved and'the estimated dates of arrival and departure from the Port of Singapore. Advance dates
      1,265 words
    • 505 17 Shtapfag Ume ACS Afea Alfred Alpac Angkutan ANL APL Arya Nat ASCL Asia America Asia Merchant Atlas Aust.Cont T IV V IV V I m n m n n IV IV —2 Bank BBS Ben Ben Asia BenBulk Ben Ocean Blue Funnel m n m ra m ra
      505 words
    • 696 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL IB. (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 following
      696 words
    • 808 18 THE Indian National Shipowners Association (INSA) has estimated afresh that the country's shipping industry will need financial aid to the tune of 2,650 million rupees (about Ss7ls million) during the next two years to meet its foreign exchange and rupee loan liabilities. The estimates
      808 words
    • 345 18 UPI OFFICIALS of the Ualted States aai South Kmc* are expected to meet la Seeal this meath to settle a dlspate sver Korea's recent restriction on the use of Amerlcaa ships earrylag Korean experts. The Jeeagaag Dally News, a aattoaally circulated
      UPI  -  345 words
    • 195 18 Reuter. UNOFFICIAL strikes by dock workers and tugboat* men in Rotterdam have spread to the port's largest grain shipment terminal when men stopped work in sympathy with the strikers. Some 7,000 dock workers came out 10 days ago in support of tugboatmen who stopped operations on
      Reuter.  -  195 words
    • Article, Illustration
      438 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Iwashiro Maru (reberths after Barber Perseus salis) 46 Johneverett (0600) 25/26 Kyuta Maru (2300) 8/9 Lumut (1600) 20E PASIR PAN JANG WHARVES Alex (after Seng Hong) CB 1 Gdn 302 685-787 Deepa Maju (after LCT Tjigombong sails and Bhairab hauls to CB
      438 words
  • Page 13 Advertisements
    • 412 13 livcrctt Line.s POt TNC MOST miQUIHT SAILINOS TO lANMOK HONOKOH6 JAPAN MISAM. Kv«r«tl SlewneNp Cocpn. S/A V'^ooo.# M Ikk* V'»r JO '01 OC«C N| T* iI44T j M vocy<.» CO M) T* J§772T <S®» J A RI) I\ I A MAN m Orient Overseas CwiicjMeA Line FULLY CONTAMERRED SERVICE TO
      412 words
    • 329 13 Jii SEALORI) LU ANTAI I H m UASC UNITED ARAB SHIPPING CO (SAG) GULF WEEKLY MULTI-PURPOSE SERVICES Spore loading tor In port Damnum (17/9). Basrah (20/9) 6/9 Duba. (23/9), Abu Dhabi (26/9). Bahrain (29/9). Dammam (30/9), Kuwait (8/10) 8/9 Dubai (20/9). Dammam (23/9). Kuwait (26/9) 15/9 Dammam (27/9). Kuwait (30/9)
      329 words
    • 440 13 NOL NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE S>or< P MUngHawc Rdarn fsto«e Hburj K IAaWOK+.I 9 Sep* 1015?] 21 Sept 29 Sept MW 3 Oct HK CONTMNTR IS Sept li Sa* 4 Oct 10 Oct 7 Oct* /Oct MERCATOft 23 Sept 24 Sept 10 Oct
      440 words
    • 695 13 m I.NEH Sf RVCE FOR FAR EAST-MCOLE EAST ft AFRICA TAIWAN ft HONG KONG AUSTRALIA Set Page IV Column 3 for Sailings AqfMs SINGAPORE SHIPPING AGENCiESPH LTD WAMMIiNC 911.1?? GENERAL *****1 A Wmi f UHO ASIA l INL SON BHD K l 1?9b4 1 P MANG *****1 3 PENLNGM7BI 2
      695 words

  • Page 14 Advertisements
    • 785 14 fu.lt comwewstD to eimtc Mate Mara Amiga Ifani Oufcataf Hanb>r{ bp*mm limpid In i*r* Car Agar B*r CRvME* Toka fiprru EXPRESS COmOfTIONM. TO EUROPE S per* ri«a| Pen Bfeao itmt HWg >w Um tommy IwiMw 17/9 20 9 24 9 22/10 14/10 30/10 29/10 27/10 25/10 «t*mi 610 9/10 4/11
      785 words
    • 260 14 rot Tr US ATLANTIC US GULf i EAST I*l7/10 Od 3 Od 1/] 1*25/30 Oct n MM 25 Mm 30 Dk 1 Dk t Dk If Dk 11 Mm It Mm 21 Mm 23 Mm K 'Mm Mm 25 Ok 1 Ok 4 a •*n =3 a d 24-21/10 n
      260 words
    • 634 14 EVERGREEN LINE FAR FAST HJROPf £KPRfSS FUU CON'AINfR S£RVICf ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTEGSaM. ANTMRP. LE HAVRE ALSO ACCEPTMG CARGO FOR: UNFTED KMGOOM SOUTHAMPTON. LONDON. MANCHESTER BWMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY HOLLAND AMSTIRDAM fUROPf FAR f AST f XPRLSS FUll CDNTAINFR SFRVICF FAR EAST/RED SEA MEDITERRANEAN SEA
      634 words
    • 870 14 Everett Lines Bur mi Fivt Star Sfcippi«| C*rpn. 'BURMESE NATIONAL LINE' LOAOMG FOR RANGOON 6 y y A man/ss^t «/9S<pt BFSSC Aoenti n Motoyvo TEPS MALAYSIA i Kaiong T«4i3B)-7355 Penong Tal *****/***** Co fit pants Arfcntina Oa Wa»fci«n Itwirtwal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOAOMG FOR DURBAN. CAPETOWN.
      870 words
    • 641 14 A A A k A v j f y T2LO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHENTON WAY MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****70 IO SANKYO LINE AUSTRALIA SERVICE MAT CMP. KTOSQ MM 1/10 Sat SYD 24/21 Sept 21/23 Sept STO. MEL.
      641 words

  • Page 15 Advertisements
    • 932 15 Overseas B MB u Containers Limited Weekly service to/from UK/Europe To UK/Continent m«t rta sm Spbre PJtetag DM am I'M* UNnn u. Am Mm 99* 2IS* Xfaf V 9* 81* 229* (nil In )S«i 22 9* Nt# 259* 27 9* »Je OuU by US* 13 S* 3 Oct 5 Oct
      932 words
    • 799 15 GRANARD LINE WEST BOlffo-FM EAST/KDfTEttANEM S pan Plata* Pa*aa| LmAii tar M V KHOMG FURG V.3OW (Sap t Sap 10 Sap hddah/P Sari/Lattakia MX MM TAT VJIW.... 21 Sap fcddati/ P Swd/ Ateundna/ Beirut/ Lattakia M.V. MM KM VJ2W_ 25 Sap P Saal/Ale*andna/Beri»t/ Lattaka M.V. MM M V.33N 2C Oct
      799 words
    • 757 15 rra BEN LINE CONTAINERS anea com wet sraa io/hoibmk Uea«ealSoT Hkfe Be? OtMUMp* Tate tjpreu FBOM BBUi KMC BHAVW KOAM HAWt SOTO* h) Gartute/Aestna Benetai Fraace MUK PReta* S>rt Far Mt, sm sjm um m w sm i n m. vm MHIM SM W bM Uri faM 11/1 13/1 m.TWW
      757 words
    • 573 15 <r 1 Scan Dutch V l?jii <V 1 ;TU-T..TT.^-• iy tt! J•PI l) MB 2) MM 1) «W| Cka JM 2/1# 1/10 VU 7/U 9/10 11/10 1/10 IVIO IVIO M/ 10 ii/io 2i/io a/io s/io 21/10 21/10 30/10 1/11 jo/io «/n vu t/ii 0/11 11/11 11/11 K/U */10 114/11 14/11
      573 words
    • 673 15 r BOUSTEAD S N AGENCIES THE BANK LINE LTD. LOADS FOR E. ft S. AFRICA Clown. Ft. E l*) S port 7/11 Sep f fteion|KtlQMft OMCOPOKOS (Annan Oorttan, Cto»n. Pl Eta. I Lonion) S port S/U Oct P Kete* 12/14 Oct LVKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans,
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  • Page 16 Advertisements
    • 946 16 K LINE KAWASAKI KISEN KAISHA. LTD. V TO EUROPE Spore P Ketang LHwre Ktorn Kb«rj A werp K IACEWON «W 9 Sept 10 Sept 28 Sept 29 Sept 3 Oct 5 Oct 7 Oct HK CONTAWER 17W 15 Sept 16 Sept 4 Oct 10 Oct 7 Oct I Oct 11
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    • 624 16 £}(H 0 UX/EAST CAIAIA fmm LC./ttUT LUES CAUFOHU/PACfIC NOKTI VIST SERVICE MMO IK 101 MBQ, UN HUMCBCO. UTTU. TACOML OMCONBLIX. ■aurr 'vToct s/oort S'ST 1 —»wrar u/ufe* i7/iian to/a»« u*k mv a/anc nttc/iiH i/i*a a<■ AUSTRALIA SERVICE 10M0B FOC $r* MM AM. s* IM AM N/niM 2«/r7lap< 24/25 0d S/27
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    • 419 16 7 SAtil'Ollll SINGAPORE SHIPPING AGENCIES PTE. LTD "'.UOH CU4N Bu.lONi 'j 5L.4"0«1 V A* J Sl S Of St «A. 9- I SIS t. "S.i ■«< OS A H CABShP*. ABwt Mill I JMifniiicr Lilies •ftlfßl WEEKLY CONTAINER SERVICE to/from BANGKOK DSR-LINES i. .i** S pore P Maui Penary R
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    • 340 16 HUl+rHAh «VTtKSATiohai SHIPPING CORPORATION BIRHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANOfNAVIA ilw NK 1) Makno Stockholm Otio HMunki 2) Copar*«tri Aartws. 3) Bremen I) Antwerp Mutw, UK. 5) Bask, totem Aha accept** intermodule carpa to llo«Hkon| i tapan EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT iih t /«I>-3 »io« ia.<ag.\ t \i
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    • 760 16 INTRASEA (PTE) LTD House 23JE Oicha'd RoaG SmqaLore 9 Telephone ***** 1 1 *****57 SJS REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE v rpn P. lata* P«MNg Laadtag tar MM v ta tat Salad Am (UK)/ MBSmCVU v Part Salad Am (UK)/Nbary/ ATLANTIC HERO KM4IA 12 S* 17 Sap Rotterdam/Antwerp
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  • Page 17 Advertisements
    • 415 17 EGYPTIAN tkJTP DkJ ATIHkJ Al I IKJC INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE FT KEL PENANG PT SAM) ALEXJMMM SPHMX U Sept 24 PYRAMDS U Oct 25 Oct IS Oct 21 Nov 16 Nov 23 MAR TRANS CARGO PLEASE CONTACT
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    • 339 17 SHIPPING CORPN. LTD. (Bombay) LOADING FOR BOMBAY SINGAPORE P. KELANG RtSHI VALMKI 14/16 SEPT. (Indian Flaj) 25 ton heavylifts acceptable I MOTS: SINGAPORE: STRAITS SNIP SERVICES (PTE) LTD., TEL: *****61/2, *****36 P. KELANG: PSD SNIPPMG SDN. BHD.. TEL: *****1-5 KANNIVELL LINES MALAYSIA SINGAPORE BANGKOK SERVICE Gunonj In VI Kjw V
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    • 483 17 ALFRED C. TOEPFER J£W SCHIFFAHRT Express RepAar Strike To Oubai ETA £ID MY OCCAM SOVEREIGN hi Part 7 Sept TBN 7 Oct 12 Od Express Service to Dammam and Kuwait UK SUN KM 15 Sapt 20 Sept Owners Representative Office Tet Mo. *****33 'AGENTS m OHNT TRAMS I SffK ML
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    • 421 17 CELTIC BULK CARRIERS Regular Bulk Sorvico For Timbor Plywood Spxt P KHint loading lor: MCTOUA OTIrtOTJ) 2S/9 27/1 Ho* U. Ant cane (DOT 4) 15/10 11/11 Hoi. 11 Dublin Ant cane (WOT 5) n/ii 1/ii hoi. h am cane (»ot o ivu u/n kmics. hoi m. duwm aw G«terj( Afents
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    • 447 17 NOTICE General Survey ot damaged rarßo ex the above vessel will be held on Friday ?th September. 1979. from 9.00 a.m. to 5.00 p.m. No run bet survey will be held after this date AgemU:R. JIMABHOV SONS (PTE) LTD. Tel:- llttll IBk IftTERffiODAl BULK TRflnsreßTflTion line .'NQfIOOP OBifN'iL J»1»S P»HRI
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  • Page 18 Advertisements
    • 319 18 ALPHA BUILDING WAREHOUSING, FACTORY OFFICE UNDER ONE ROOF ALPHA building is strategically located off Kallang Pudding Road, at the intersection of Aljunied Road and MacPherson road. It covers an approximate area of 2,700 sq.m. (29,000 sq.ft.) The site is served by a good network of supporting major roads that include
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