The Business Times, 8 February 1980
1980-02-08
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The Business Times
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Title Section10 1980-02-08 1 BUSINESS TIMES M.C4P) N*. 111/1/8# FRIDAY, FBBUABY I, tm SOCENTS10 words
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BRIEFLY...
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Article91 1980-02-08 1 Reuter KUALA LUMPUR, Thurs. Talks between Malaysia and Singapore officials on a renewed air services agreement were heading for a deadlock. At the end of the fourth day's talks, Datuk Mohamed Noor Hassan, leader of the Malaysian delegation said the talks may have to move to Singapore forReuter - 91 words
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Article57 1980-02-08 1 Reuter, AP. LONDON, Thurs. The afternoon fixing here of U*****.25 an ounce was down from the $704.00 morning fix, and down from $709.00 at yesterday afternoon's fixing. In HONGKONG, the international gold price closed at U*****.00/666.00 an ounce, compared with the previous finish of $662/668 and theReuter,; AP. - 57 words
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Article53 1980-02-08 1 AFP TEHERAN, Thurs. Reports that the 50 American hostages here were about to be released were denied today by a spokesman of the new Iranian President Abolhassan Bani-Sadr and by the Islamic "students" holding the US Embassy. But the spokesman said the prisoners "might perhaps be freed inAFP - 53 words
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Article56 1980-02-08 1 Reuter GENEVA, Thurs. China will borrow more than US$2O billion from abroad between now and 1965, a leading Chinese government official was quoted today as saying. Mr Yang 80, vice-chairman of the State Planning Commission, said China would not use government lines of credit but other loans availableReuter - 56 words
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Article59 1980-02-08 1 AP DETROIT, Thurs. The president of American Motors Corp said be is negotiating the establishment of joint ventures in Indonesia and Malaysia to manufacture jeeps. President Paul Tippett said the company would hold a "very small" interest in the new companies. Production would not be large and "nothingAP - 59 words
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Article87 1980-02-08 1 AFP TOKYO, Thurs. The United States has asked the member nations of the Paris-baaed Coordinating Committee for Export Control (Cocom) to stop giving "special pemission" for exports to the Soviet Union of goods on the Cocom ban list, government sources said here today. At present, a total ofAFP - 87 words
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Article78 1980-02-08 1 AP NEW YORK, Thurs. Stock prices advanced broadly this morning as the market's early-1900 rally forged ahead to new highs. The Dow Jones average of 30 industrials rose 2.81 points to 884.64 in the first half hour. Gainers took a 2-1 lead over losers among NYSE-listed issues. PersistentAP - 78 words
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Article139 1980-02-08 1 Rises Indices Island ft Pea 000 +30 Feb 6 Feb 7 Sovran Lower Perak Sel Properties Public Textile 300 370 745 +30 +28 25 B.T. Index: Industrials: 3714.81 3770.89 465.01 466.56 118 21 Finance. 838.40 842.34 Suagei Beei 1190 +20 Hotels: 413.01 415.45 A astral Aaiai 770139 words
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Article, Illustration150 1980-02-08 1 Rises Indices CastleOeld 2280 100 Feb6 F0b7 K T Pan MO +68 B.T.Indez: 5722.04 5885.00 Mai Tin 2960 +50 Industrials: 505.46 509.65 Sovran 310 +31 Finance: 733.71 738.41 A Amal Sg Besi 790 1220 +30 +30 Hotels: Properties: 323.40 324.68 348.39 358.39 Magnum Corp B Kawan L Perak150 words
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Article699 1980-02-08 1 CHOO AI LENG - TAX CONCESSIONS INCLUDED By CHOO AI LENG THE GOVERNMENT is believed to have drawn up new incentives for the computer industry in a concerted effort to develop the industry. Proposals include accelerated depreciation for computer hardware and tax concessions for the export of computer software packages.699 words
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250 1980-02-08 1 THE SCHOOL of Management, due to open its doors in September, will adopt American postgraduate scholastic standards as its means of screening applicants. Prospective sppjinsnti for the part-time Master of Business Adminstration course, which is to begin in Septmeber, would be well advised to250 words
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Article428 1980-02-08 1 RONNIE LIM - •y RONNIE LIM THE FIEST made-in-surgical iasirq- meets «fll soon find their way to lwptf makfwhle whan a pioneer surgical/ medical manufacturing plant comes on stream In IS». The surgical instruments will be manufactured by Japaa Medical Supply Company of Hiroshima, via a plant In428 words
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Article308 1980-02-08 1 LINDA TAN - By LINDA TAN EMPORIUM Holdings toexpanding to over 40 supermarket-cum-depart-ment stores this year, making it probably the biggest retail store chain-in South-east Asia. Starting this year, the locally-owned group will introduce its emporiums into the main towns at East Malaysia over a twoyear period. This includes308 words
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115 1980-02-08 1 TIB hppm Mm» faetarers' ImMh (SKA) kN the pare P«to«tUa af (!»■>« tf CiMiiri (8roa) Mag plaaasd far the On* km* the wmr. «ft tMr *n, rU will privlit better ■wUq^JiUuJ 1 5. ,M,IB 0I la (act, the IbliyriH UaiMal Dmlifial Aathertty (Mia),115 words
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Article324 1980-02-08 1 KOH TSE YING - •r KOH TSE YING A NEW concept In shoppiag, called Supa-Save Hypermarket, Is to be introduced by a auhatrttary of Robinson's, John little PteLtd. The hypermarket will occupy more thaa 3,711 aquare metre* at the farmer Jurong Ice Skating Rink. Business will begin tomorrow. In324 words
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Article146 1980-02-08 1 MR lENG Sary, Deputy Prime Minister in charge of foreign «flairs in the Democratic Kampuchean government, left Singapore last night after aa unpubliciaed two-day visit. A brief Ministry of Foreign Aflairs statement In* said after log foreign press reports an the visit said Mr Bvy met146 words
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Page 1 Advertisements
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Advertisement221 1980-02-08 1 have a history of making j*. money grow Lombard North Central is part of one of the world's largest banking j groups and we have a history wbictiTSwT 5 jfi I covers more than ICX) years. m W Weoffer a rangeof deposit 3B f I schemes which will produce maximum221 words
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Advertisement0 1980-02-08 1 `@$/[[_?*'~&[<},_]\.%*^$]_-~"&}0 words
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Advertisement114 1980-02-08 1 f The CITROEN ZTl&m distinctively French, grandeur, ultimate luxury The Citroen Prestige It the ultimate In the CX aeries, tt hot a longer wheel base, 25cm, wider reor doors and extra 2" of head room. Yes, this Is luxury with the generous leg room, moquette-upholstered foofrests for rear passengers and114 words
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TRADE AND INDUSTRY
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Article453 1980-02-08 2 CHOO AI LENG - By CHOO AI LENG THE LEE Brothers group at companies, a leading poultry supplier, has embarked on an expansion programme to develop a comprehensive range of foodstuffs. It will he branching out into seafood processing by the end of July when building extensions at its453 words
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Article419 1980-02-08 2 THE CURRENT electronics boom has prompted a new electronics support company here to plan for a doubling of its capacity within two years even before contraction has started on its plant in Jurong. Morton Chemical Singapore, which will be the only manufacturer of polyset epoxy moulding419 words
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Article, Illustration293 1980-02-08 2 LOCKHEED Corporation has begun the design and development of a new L-400 "Twin Hercules" transport. Mr Roy A Anderson, Lockheed chairman, said the corporation expects to have the first L-400 flying in the spring 0(1982. To be designed, developed and produced by the Lockheed-Georgia Company, the293 words
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Article110 1980-02-08 2 US AMBASSADORS from East Asia and the Pacific will meet in Singapore next week far their annual regional meeting. They win be Joined by a delegation of Washington officials involved in regional affairs. The leader at the legation will be Mr Richard Holbrooke, Assistant Secretary110 words
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Article110 1980-02-08 2 AGFA-GEVAERT, Europe's largest manufacturer of photographic products, films and papers, has advised its agent, the East Asiatic Company, that it has increased the price of its films and papers from between 17 and 40 per cent with immediate effect. The increase has been necessitated110 words
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Article, Illustration105 1980-02-08 2 THIS 18 the Inn FhrtMM tae ef the 199 aew CRD texts that will he aat late service ia March to April by NTUC Cemfsrt. Ordered tram Meter aad I ragtag fie Ltd, the ban FhrUuu are part «C aa erder for 999 aatte made hurt105 words
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392 1980-02-08 2 ONE OF the biggest industrial fairs in the world will be held in Hanover, West Germany, from April 16 to 24. More than 5,000 companies are expected to exhibit their product» during the nine-day fair. Behn Meyer, the local agent for the fair,392 words
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Article228 1980-02-08 2 ASSOCIATED Distributors, sole agent for Samaonlte luggage in Singapore and Malaysia, has been named Samsonite's Distributor of the Tear (or 1979. The award is made in recognition of a distributor's outstanding performance in selling and promoting Samaonlte luggage in its sales territories. Making the award at228 words
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Article, Illustration188 1980-02-08 2 APOLLO Singappore has announced the promotion of Otovn B.L. Seah as administration manager. Prior to Joining the hotel as assistant administration manager in March 1979, Mr Seah was with the Hotels Licensing Board at the Ministry of Social Affairs since 1970. In his new appointment, he will188 words
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Article712 1980-02-08 2 COUBBEB AND TALKS Jan 21-Feb 11: Sales Management, National Productivity Board Town Centre, National Productivity Board Feb 4-29: Course for School Inspectors, RELC, Ministry of Education Feb 8: Technical Talk, RELC, Singapore Manufacturing Engineers Feb 9: Statement of Sources and Application of Funds, Shangri-La; Turquand, Ernst and Whitney712 words
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Page 2 Advertisements
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Advertisement118 1980-02-08 2 Il|w The crown to crown all o Sempe Napol vUU s AJ > i <b,, ■>>■:- RecommeJkkxJ Retail Price S2 1 0 -V-."; A y. Present the finest gift of French Armagnac in The Crown of Napoleon. The unique, distinguished decanter is specially made from the best Limoges Porcelain, decorated118 words
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REGIONAL
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225 1980-02-08 3 Reuter BRITISH Airways (BA) and Singapore Airlines (SIA) began crucial talks in Singapore on the future operations of their Joint supersonic Concorde service, which has incurred huge losses since it began a year ago. British Airways sources said the airline is expectedReuter - 225 words
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198 1980-02-08 3 AP AMERICAN businessmen in China said they still have problems trying to know who to see and how to deal with the bureaucracy in China, American Chamber of Commerce president Richard L Lesher said on Wednesday. Mr Lesher and five other chamber officials met withAP - 198 words
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Article, Illustration387 1980-02-08 3 UPI WESTERN doctors and celebrities, hoping to help Kampucheans frustrated by Vietnamese indifference donated 20 truckloads of food and medicine to Kampuchean refugees and displaced Thais yesterday.* Some 160 US and European participants in the "Kampuchea March for Survival" agreed to turn over to the Thai RedUPI; Ap Radiophoto. - 387 words
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Article379 1980-02-08 3 Reuter. THAI and Malaysian military leaders began a fourday meeting in Haadyai on Wednesday to review the progress of joint operations against communist guerillas along their common border. This is the 37th meeting of the specially formed Regional Border Committee (RBC) established by the two countriesReuter. - 379 words
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Article291 1980-02-08 3 Agencies MADAK* Deng Yingchao, widow oi late Chinese Premier i Enlai, had talks with Ti M leaders in Bangkok yesteranr. Mrs Deng, ViceOifdrman of the Chinese Natiot.ll Peoples Congress, is on a weeklong visit accompanied by a delegation of officials including Vice Foreign Minister Wang Yu Ping.Agencies - 291 words
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THE REGION IN BRIEF
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Article441 1980-02-08 3 Agencies MALAYSIA has cut diplomatic ties with Kabul and the "government has no dealings whatsoever" with the Soviet-backed regime of President Barbrak Karmal, a Foreign Ministry spokesman said yesterday. He said that the Malaysian Ambassador to Iran, who is also accredited to Afghanistan, has been directedAgencies - 441 words
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219 1980-02-08 3 AP INDONESIAN Foreign Minister Mochtar Kusumaatmadja says that any member of the Association of South east Asian Nations (Asean) is tree to enter a military alliance, although Asean itself is never intended as a mutual security grouping. Mr Kusumaatmadja made the statement atAP - 219 words
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Article313 1980-02-08 3 Reuter PRESIDENT Zia Ul-Haq of Pakistan has called for an Indian initiative to secure the withdrawal of Soviet troops from Afghanistan. He said at his home in Islamabad on Wednesday that as a "big country and as the most important regional power in the area,"Reuter - 313 words
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163 1980-02-08 3 AFP THAILAND is tactag aa all Has reeard trade sf UBP MBtoa thto year, Caaaa tali the Ttoi teaks tt r 'S'uMaSji' afl'ilpact Ml Is axpectod to soar to $2.4 WUtoa abaat a third «I the tolal Impart Mil aad last year's scrtoas draught whichAFP - 163 words
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97 1980-02-08 3 AFP PRESIDENT Marcos announced yesterday what he called "anti-inflationary, anti-unemployment" measures against the continuing oil price hikes. President Marcos said his Cabinet and economic advisers decided to increases by 50 per cent taxes on all types of petroleum but not bunker fuel and other consumerAFP - 97 words
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627 1980-02-08 3 AP Reuter INCREASES in West Asian crude oil prices will hit the Japanese economy with full force this year, requiring the country to take drastic measures to tide over the energy crunch, an economic report has warned. The Institute of Energy EconomicsAP; Reuter - 627 words
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355 1980-02-08 3 THERE is widespread misunderstanding in the Malaysian business community of the government's taxation measures and the spirit governing them. This was borne out by the issues raised by the Associated Chinese Chamber of Commerce and Industry of Malaysia (ACCCIM) at a meeting with the Deputy Finance355 words
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120 1980-02-08 3 UPI INDONESIA'S oil reserves will be depleted by the year 2000, Research Minister Habibie warned on Wednesday. Addressing the house commission on technology, Mr Habibie said Indonesia "will be running out of oil reserves by the year 3000".' He said he favoured a cutdownUPI - 120 words
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Page 3 Advertisements
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Advertisement70 1980-02-08 3 There!* only one way to take Glenfiddich! Seriously You can take it straight. Or with a little plain water. But do remember that you're tasting no ordinary Scotch. Glenfiddich is a pure, single malt Distilled in the ancient way, in traditional handbeaten copper stills. The result is, perhaps the finest70 words
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RAW MATERIALS
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Article131 1980-02-08 4 THE MARKET in Kuala Lumpur was quiet yesterday but the undertone remained firm despite Pakistan's rejection of offers on Wednesday, dealers said. Refiners are buying ahead for forwards as the Chinese lunar year approaches, they added. The March position was traded at MJ1.135 in the central region, $1,137.50131 words
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Article149 1980-02-08 4 CBT wheat futures fell from early gains to close 10 H to 7 cents a bushel lower in hectic trade on Wednesday. The March traded in a 27'/i cent range on the day. Traders said late local liquidation sparked heavy commission house stop-loss selling. They said locals may have149 words
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Article136 1980-02-08 4 THE INTERNATIONAL Wheat Council has estimated that the US ban on grain exports to the Soviet Union could reduce Russian imports this year by one-third. Although it is unlikely to cut the Russians' daily bread intake, it could force them to eat more chicken and pigmeat136 words
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Article118 1980-02-08 4 THE Stratto tta price la Peaaag nutordty rase aaather Msl4 per pieml to $2,174, to staad $84 ahave the laterutiiul Tla Agreement eedlag despite a high eaatrihattoa tt Urn metal, dealers said. Tla ere sappttes laereaaed farther, to Ml teaaes tram US toaaea ea Wedaesday, malaly awiag to118 words
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Article324 1980-02-08 4 THE SINGAPORE market closed slightly lower yesterday with February One RSS buyers quoted at 365.50 cents per kilo, down 1.50 cents from Wednesday's close, dealers said. Morning prices were marked up slightly on firmer London advice and some forward demand, they said. Afternoon prices were initially easier on Japanese324 words
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Article300 1980-02-08 4 R.A.S. prices in cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 363.50 364.50N Int 1 R.S.S February 366.00 367.00 Int. 1 R.S.S. March 374.50 375.50 Int 2 R.S.S 343.00 344.00N UK/Cont 342.00 343.00N Int. 3 R.S.S. 340.00 341.00N UK/Coat 339 00 340300 words
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Article100 1980-02-08 4 NOON SSR ai >d SMR prtcas yeet ardajr HAS February (Correal Mlk) Bayers Seller* March (Forward Mtk) Barer* Heller* SSR 20 (1-ton pallet) 318.00 saoooN 320.00 322.00N SSR SO (1 ton pallet) 315.00 317.00N 317.00 310.00N MKBLB Marefc April SMR CV (1 ton pallet) moo 390.00N 300.00100 words
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Article39 1980-02-08 4 Rubber: Feb 7 Singapore: February: 365.50 cents (down 1.50 cents) Malaysia: March: 376.00 cents (down 1.50 cents) Tin: M 52,174 (up $14) (equivalent to $35.95 per kilo) (up 24 cents) Official offering: 267 tonnes (up 4 tonnes)39 words
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Article86 1980-02-08 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from January 31, until further notice: Rabfeer: 337' 2 cents a kilo; Copra: MJ1,029.28 a tonne; Palm kerael: 5955.75 a tonne; White pepper: $4,716.18 a tonne; Btaek pepper: 53,296.60 a tonne; The rates of duty payable86 words
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Article333 1980-02-08 4 BINGAPOBE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.98, 100 per cent second class 0.83, 100 per cent third class 0.81, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super 0 63, Special333 words
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Article155 1980-02-08 4 CHINEBE Preface Exchange, Sbgaptre, aeea etoriag prices per pleal yesterday: Csesnst ell: Bulk |IOT sellers, old drum 5113 sellers, new drum 5117 sellers. Cepra: Mixed (loose) UK/ Coat 165.00 buyers. Pepper: Muntok ASTA white fob 100% NLW 5337.50 sellers, Sarawak white fob 96% NLW 5322.50 sellers, Sarawak special155 words
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Article142 1980-02-08 4 CBT soybean futures retreated to close mostly lower on Wednesday, IV4 cent lower to 1»/« cent higher. Retreating CBT wheat values sparked local liquidation in soybean futures at the close, traders said. Prices rose sharply early in the session as a commission house heavily bought new crop beans. Talk142 words
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Article780 1980-02-08 4 COCOA: Futures ended a quiet first call £8 down to £1 up in traded months maiwiy due to New York. Arbitrage support against New York was possibly offset by belated hedging against further producer current crop bean sales. Dealers reported the Cameroons sold March cocoa on Wednesday at780 words
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Article191 1980-02-08 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattan yam: China Blue Phoenix Xk 2JJO; Jfc 40* 3,020 (per bale of 400 lbs). Piece gaada: Chins Butterfly and Globe brand unq; Dragon Head unq; Five unq; Flower and Butterfly unq; Flying191 words
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ASIAN STOCKS
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Article696 1980-02-08 4 TOKYO THE MARKET was higher at the start yesterday and then closed lower as investors turned cautious owing to the recent sharp runup in stock prices. Energy-related issues, which rose sharply on Wednesday, fell on profittaking. Mining stocks rose at the opening but closed mixed. Defence-related and bluechip696 words
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Article371 1980-02-08 4 THE MARKET firmed to new record highs yesterday on commodity and gold price increases in world markets overnight, dealers said. Base metal issues lead the recovery across the mining boards, with Western Mining rising 23 cents to ARBS on strong overseas and local buying following its sharp profit rise.371 words
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Article328 1980-02-08 4 Source: SHK Sec THE MARKET drifted slightly lower yterday on sharply reduced turnover as investors iffMWd to sit oo the sidelines, as tf awaiting (or an announcement of some kind. Nobody seemed in a hurry to do business either way and sentiment was not really affected by the statementSource: SHK Sec - 328 words
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Article243 1980-02-08 4 STOCKS cioaed mostly higher yesterday, dealers said. Trading centred around popular stocks such as Mah Boonkrong Drying and Silo, Rama Tower and First Trust, dealers said. FEB n Bahts Asta Credit *Ul Fibre MS 4-4 Ajmthtn Inv And Trull 111 4-1 Bangkok Inmunrnl 178 uncft Bangkok BwU 296 -t243 words
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Article120 1980-02-08 4 THE MARKET closed mixed yesterday with mining firm while commercials, industrials and oil were unchanged, dealers said. Turnover declined to 30.9 million pesos from Wednesday's 34.6 million. FEB 07 Peaos Acoje Mining am -0MB Alias Con A Atlas Con. B S3J0 J Baguio Gold 0082 unch Benguet Con. B120 words
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Article48 1980-02-08 4 FINANCIAL TIMES INDUSTRIALS Wednesday 456 6 Tuesday 447J Week ifo 457.6 DOW JONE8 AVERAGE INDU8TB1AL8 Wednesday 881 A3 Tuesday 878A2 Week ago 881A1 H.K.HANG SENG Thursday 911.36 Wednesday 914JB Weekago 907 JO SYDNEY INDUSTRIALS as Weekaco 631Al ALL ORDINARIES TlmrartM ff Wednesday 80MB Week ago 88ZA748 words
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Page 4 Advertisements
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Advertisement109 1980-02-08 4 t is for ljappier happy hours k >! C r t J V SP IF Hi IT 3 1 M 4 r t i B*:^ I/R3 i*P< *#>v> •1 K pa Canned convenience for your cocktail hour. At your favourite tavern or in privacy of your own home. Beautifully blended109 words
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OVERSEAS
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350 1980-02-08 5 AP DESPITE the 40 per cent increase in the price of imported oil last year, the US merchandise trade deficit narrowed to US$29.l billion In 197», the US Commerce Department reported on Wednesday. The deficit stood at $33.7 billion in 1978 on theAP - 350 words
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WORLD IN BRIEF
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Article469 1980-02-08 5 A CABINET-level committee has unanimously recommended that the US rejoin the International Labour Organisation, from which it withdrew in 1977 on charges that the UN group had grown too pro-Soviet, Carter administration sources said. Sources said the group, which has been monitoring ILO activities since469 words
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Article820 1980-02-08 5 ARRIVALS Service Local Operator Number Time From PAA PA005 0125 NY/SFO/HKG TMA TL345 0530 BEY/BAH/BOM MAS MH601 0700 KUL MAS MH682 0710 KCH SIA SQ528 0750 DHA SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0645 KUL RBA BI421 0930 BWN MAS MH671 0945 PEN/KUL820 words
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Article129 1980-02-08 5 PRESIDENT Carter has received received assurances of French and West German support "when the going is rough," the White House said. Presidential press secretary Jody Powell said West German Chancellor Helmut Schmidt telephoned Mr Carter this week to report on his three-day Paris summit meeting129 words
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241 1980-02-08 5 UPI, NYT. AMID administration accusations that Congress was bowing to industry pressure, US House of Representatives and Senate negotiators broke on Wednesday their two-week deadlock on the U*****.3 billion oil windfall profits tax. The negotiators accepted a staff compromise on when the taxUPI,; NYT. - 241 words
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333 1980-02-08 5 IRAN'S ruling revolutionary council has ordered the release of jailed Information Minister Nasser Minachi, detained early on Wednesday after students occupying the US Embassy accused him of links with the US Central Intelligence Agency (CIA). President Abolhassan Bani-Sadr, after a meeting of the council on333 words
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Article104 1980-02-08 5 Reuter. THE French Peugeot-Ci-troen car company would give a US$lOO million shortterm loan to Chrysler Corporation to help the American car manufacturer to recover. The loan is part of a new agreement (or industrial and financial cooperation, Peugeot-Citroen said. If the agreement is not finalised inReuter. - 104 words
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Article55 1980-02-08 5 AFP. A COMPROMISE draft for a final declaration of a plan for the third general conference of the United Nations Industrial Development Organisation (Unido) has been prepared by Indian Foreign Minister Narasimha Rah, who is the conference president. This attempt by India is seen as a final chanceAFP. - 55 words
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455 1980-02-08 5 AFP, Reuter STRICTER controls on imports of cheap electronic consumer goods into Britain and other European Economic Community (EEC) countries are being urged by the British National Economic Development Council working party. In a progress report on the sector, the working party said theAFP,; Reuter - 455 words
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Article146 1980-02-08 5 Reuter STRIKING British steel workers has agreed to restart negotiations today, after management made a new pay offer in an attempt to end the five-week national stoppage. Mr Bill Sirs, leader of the Iron and Steel Trades Confederation (ISTO, refused to reveal what theReuter - 146 words
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Page 5 Advertisements
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Advertisement817 1980-02-08 5 Listed below are products from Australia, products made with groat skill and expertise. They have been made to sell in discriminating international markets and particularly, Singapore. Check these through carefully. You could find the product you require or that profit earner you are after. Contact the Australian Trade Commissioner for817 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article266 1980-02-08 6 f'EB 96 Fri CORBEILLE Air-Liquid* B S N Gtrwi Danone C 8 F < ThomsonOI> C»e Francalse de« Petroies Compafnir FInanclere Compagnle Generate Credit Foncter De France Hachelte (Ubralrte) Machines Bull Michelln <B) Partbas Pechlney Clgme SIS low SK 258 80 350 462 244 73 810 221 t 10266 words
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Article91 1980-02-08 6 FEB M Pra FORWARD MARKET Acee 328 •2 Arbed 2390 -29 Aitur 568 BriKin 906 Bru-Lamb I860 TS? Canpac 1074 >4 Cock 329 3 De Been 345 17 2100 -29 flecUobel MO -30 Ob-Inno-Bm 2070 unch Gev 000 unch Hobok 3000 30 Petro 5030 100 Kyi Dutch 2300 unch91 words
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Article191 1980-02-08 6 FEB 06 Dm Aef-Telefunken 38-10 -OJ A km XUO All* Leben MB Ml unch Alls Vers am.00 unch BASF 146.10 •u Bay H T Wfatnk moo -a Bay VM ink nuo Bw BBC IMK 2B&JU -1.7 BMW Caiaella Ctvem V erw iom Sl MB 274MB E5S itom -U II191 words
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Article195 1980-02-08 6 KKB 08 Fla' ABN 297 00 •jj Ahold «I 80 -4.3 AUK) 25 SO AMEV lOlJO -0J Amlu m -19 Amrn Bank 62.00 -1 (VrgoM ***** Berk nso 15 Bols 01 40 -0.1 Borsumlj 183.30 23 Burftmann 8X30 V 0 8 Bynkorf 82 00 0.5 Calve Delft 182.00 05195 words
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Article181 1980-02-08 6 FEB Francs Actions Suisse* Alusuisae Br as 1310 unch s Alusuisae Ret Brown Boiwrt Br. Ota Ocifj Br. Clba Oeltj p c m unch imo 1 no 975 unch unch Ctta Oe*t> Ret Credit Suisse Br Credit Sum* Ret Elektrowatt Br Ocorvt ruckn Br OMmi Plr Ml at 4N181 words
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Article185 1980-02-08 6 FEB M C* *4r AhMlhl a. A lean Alfocn. a 1 Bulk Moot a-. Bank Nova Scou* a Bell Tel w. BeUi Corp BP Can Ltd a>. i Brmaran Camp Red Lake Can Imp Bk Canpac Canpac In* PI Carlinc OXeefc Coonineo Com Bath Cons Marbenor Dankoe Denuon Dom185 words
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Article327 1980-02-08 6 FEB 06 Rand INDUSTRIALS A Alpha 256 unetAbercom AE And a i_ 312 12 «10 10 A MIC 75 Barlowi no JO lis 380 25 2D Currl* Finance ISO uncb De Beers Ind 21I0B Edcon 510 10 Edgari USO 90 Ewftdv Fed Volk HZ- 425 10 Fuflt 165 unch327 words
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Article100 1980-02-08 6 FEB OB Ure Anlr unch Assoc Gen ***** -880 Baslof i 730 -10 Central* 8300 -148 KM -38 Flnstder 88.75 -0.75 Gen Immob 71 -13 in Prl 2406 ♦8 luktiDtnu ***** •550 IUIgai 808 unch lUlslder 218 -2 Mtcneli II Pf 380 14 Marvin Ere 4*8 -8 Mediob *****100 words
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Page 6 Advertisements
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Advertisement249 1980-02-08 6 wine Come, 'sample' an experience! DOLPHIN I CAFETERIA Trade Ce you musnjt miss ith Delectable local dishes and Western lunches set in daintily stylish pb Scandinavian decor. Popular SELF-SERVICE lunch daily. From 10.30 am to 3.00pm and snacks from 3.00pm spm You ve got to try it to believe! Fabulous249 words
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Advertisement86 1980-02-08 6 m m 6 M bor drink ini>. lor dancing bor delightful evenings. Music hy iiicchiis hiti rthitinfh; <>1 London. !< (<lll I I l'\ i 'ill'k "">J la "I'J II« >1 I 11 .< H"« HUGO'S BUSINESS fM LUNCH $jg n Hors d'oeuvres trolley Roast prime rib of beef or86 words
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Advertisement122 1980-02-08 6 }{{-,[=)~"{_>;|?/\')@]\!)!{(\/\ it* am 11 ieo-food prepared by our exditsive Thaf Chefe It's the talk of the town. I I w xr Happi Hours At ii 7 Merlin s Tavern Ba With The Dickboye Trio #l hi dwiwin. co«y atmosphere. The Dickboye Trio, entertain with round after round of pop*, ballads122 words
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Advertisement106 1980-02-08 6 Safay,Sunday, Monday...every day People r, ,n h,i.. t>est Satay this sid»- 'i* tt>- \,t Another specialty is tne selection o' typically Cant ♦avourites And of course, our .e% o.vn Flavours of Singapore The comfcrt and serenity of Hin's And Hilton style Hin's Top of the Hilton. Lunch and dinner. Daily.106 words
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Advertisement133 1980-02-08 6 v« •Prompt Luncheons •Gourmet Dinners •Functions •Home Catering Daily: 11.30 am to 2.30 pm 6.30 pm to 11.00 pm Happy Hours: 230 pm to 6.30 pm Drinks ft Snacks I Mill i,'til i THE PENTHOUSE RESTAURANT Top Ftoor,HoMawd Road Pioppim Cawtw For labia raaarvations. Tal: 46M006. $(=^<{/=:!*<*"])\="*-$+{="%;@-? COCKPIT HOTEL OXLEY133 words
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1192 1980-02-08 7 STRENGTH in oil and rail issues pulled the market on Wednesday out of an early slide and prices ended higher in the heaviest trading so far this month. Analysts said the rails, many of which have natural resource subsidiaries, and oils were buoyed by unconfirmed1,192 words
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MONEY AND EXCHANGE$
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Article321 1980-02-08 7 GOLD futures In Singapore yesterday closed sharply higher compared with Wednesday night's close, dealers said. Trading was suspended (or one hour yesterday morning as prices opened limit-up across the board following the metal's sharp rise in New York overnight and thereafter the market firmed marginally, they said. Trading was321 words
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Article241 1980-02-08 7 THE U.S. dollar rose sharply yesterday in a flurry of early trading on unconfirmed reports of the possible imminent release of the US hostages in Iran, dealers said. It firmed to around 1.7370/80 marks from an opening 1.7338/48 before reacting to 1.7365/75, compared with 1.7335/40 in late Hongkong trading241 words
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Article156 1980-02-08 7 THE U.S. dollar was quoted firmer yesterday against major currencies in quiet, featureless late trading, dealers said. The US currency was off the day's 1.7341/46 mark high but still firm at 1.7335/ 40 compared with an early 1.7320 25 and New York's 1.7310/20 close, and higher at 1.6060/80 Swiss156 words
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Article22 1980-02-08 7 THE average rate at whiek major Singapore banks are currently prepared to lend to tkeir best customer* la 10.5 per cent.22 words
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Article137 1980-02-08 7 ASIAN RATES ASIAN currency deposit Interbank rates as at cloee on Feb 7: 7 days 1 month 2 months 3 months 6 months 9 months 12 months zsr-a* 11% 11H 1311/*****/16 14 11/16 14 S/1S 14 9/16 14 7/16 149/16 14 7/16 ~14H 14 Mi 14'4 14* SwM Das. (MiMfa137 words
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Article44 1980-02-08 7 RANGE o< prices offered by discount I— on Feb 7: Overnight: S-«V.% C*il deporits: to#V«* CUN Baying MN 3- month Treasury bUU 6H 3 month Bank bills 101/16 91V16 3 months CD 10'* 10 6 months CD 10't 10 Source: National Discount Co44 words
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Article30 1980-02-08 7 FRANKFURT exchanges opening quotes yesterday: US 1.7335/43 Stg 4.006/015 Can 1.4951/75 DO 90.45/60 Sir 107.76/92 Lit 2.150/53 Ffr 42.68/72 Nkr 35.68/72 Bfr coo 6.147/53 Bfr fin 6.028/038 Yen 0.7215/2530 words
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Article133 1980-02-08 7 THE U.S. dollar (or overnight delivery closed at 240.10 yen, up from a 239.70 opening but down from 240.35 at Wednesday's close, dealers said. Trading was moderate with volume of USfßLft million. After a modest early recovery, the dollar edged up in light late trading on limited buying by133 words
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Article520 1980-02-08 7 THE U.S. dollar was brought up against major currencies yesterday on rumours that Iran was releasing US hostage*. As the dollar strengthened, sterling weakened in afternoon trading. Starting off at 239.50/70 against the Japanese currency, the US unit saw continual support to reach the day's high of 240.06/15520 words
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Article94 1980-02-08 7 SUCCESSFUL bids in the International Monetary Fund's monthly gold auction on Wednesday averaged U*****.12 per ounce, the IMF said. Successful bids had averaged a then-record $582.85 per ounce during January's sale. It sold 444,000 ounces of fine gold at prices ranging from 1711.99 an ounce to $718.01.94 words
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Page 7 Advertisements
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Advertisement119 1980-02-08 7 INDOSU Heartiest Congratulations to INDOSUEZ BANIC r on the occasion of their 75th Anniversary today Ho Co Import and Export Pte Ltd Mr. Ho Tian Tio 173, BENCOOLEN STREET SINGAPORE 0718 Heartiest Congratulations to on the occasion of their 75th Anniversary today JIN MACHINERY PTE LTD MR. SON 6 CHEE119 words
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Advertisement266 1980-02-08 7 Thla innounc«m»m appMri M a mattar of racord only SHANGRI-LA HOTEL. TSIMSHATSUI, (HONG KONG) LIMITED H K5200,000,000 MULTI-CURRENCY LOAN FACILITY Manifltrt INDOSUEZ ASIA LIMITED CREDIT LYONNAIS HONG KONG (FINANCE) LTD. THE BANK OF TOKYO, LTD. THE BANK OF CANTON. LIMITED THE BANK Of NOVA BOOTIA (Hang Kong BmmH) THE FIRST266 words
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Article439 1980-02-08 8 SINGAPORE'S economic growth owes much to the range of incentives offered by the Economic Development Board and the Finance Ministry. But some of these incentives have the drawback of being so specific as to give some companies an advantage over others, even though all thoy» companies439 words
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Article265 1980-02-08 8 MOTORISTS, as the Urban Redevelopment Authority readily admits, have not exactly welcomed the coupon parking system as an imaginative and, more importantly, convenient answer to their parking problems. Yet, while the groans and grumbles of frustrated and irritated motorists will, assuredly, be audible for some265 words
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Article959 1980-02-08 8 BRIAN GROOM - Moves world-wide to a shorter working week have made slow progress. West European trade unions are making the most of it; but in many poor countries, the shorter week is being resisted by employers who fear that labour costs Will rise and that they willFT. - 959 words
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Article, Illustration1019 1980-02-08 8 VIVIAN CRADDOCK WILLIAMS - When Zambia's Nega-Nega brickworks began operating in 1974, it was probably the best in Africa. Now it's, defunct. VIVIAN CRADDOCK WILLIAMS reports on yet another example of unsuitable technology wished onto an economy. VIVIAN CRADDOCK WILLIAMS FT. AN ULTRA modern brickworks in Zambia is up for sale.FT. - 1,019 words
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Page 8 Advertisements
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Advertisement20 1980-02-08 8 HHINDOSUEZ/g Heartiest Congratulations to on the occasion of their 75th Anniversary today 'U7A French Airlines TANGLIN ROAD-(MING COURT HOTEL)'SINGAPORE 102420 words
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Page 8 Miscellaneous
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Miscellaneous655 1980-02-08 8 Rainbow for Judy STAY eat •mmm* n.iLnga .SINGAPORE 5 3.00 PM Opening Mowed by Housewives' Matinee CNvafrous Robber Lee San 4.15 Intermission 6.00 PM The Nature of Things 6.30 News in Brief 6.35 Sports Parade 7.00 Samufra (Malay, Repeat) 7JO News and Newsred (Malay) 7.55 Morel 8-20 Al Star Anything655 words
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Article, Illustration932 1980-02-08 9 PAUL ZACH - By PAUL ZACH Reuter GARUDA Indonesian Airways, which outfaced striking pilots in a battle over pay, has not allowed the lack of profitability to prevent it from building up Asia's second largest fleet of air carriers. With expansion and low load factors exerting twinReuter - 932 words
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Article, Illustration811 1980-02-08 9 GREGORY JENSEN - By GREGORY JENSEN UPI SOME of Britain's richest aristocrats are suing Lloyd's of London, and that Just isn't done, old chap. It certainly never has been done before in the 300-year history of the world's most famous insurance organisation. What is more, the lawsuitUPI - 811 words
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779 1980-02-08 9 QUEK PECK LIM - [FOBUMi With QUEK PECK LIM THE LAST two weeks have been red letter days (or Singapore advertisers. Once condemned as being crass beyond redemption, our businessmen have Just become the proud winners of international advertising awards and can bask in the glow, albeit779 words
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Page 9 Advertisements
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Advertisement153 1980-02-08 9 Business Times is the most cost-effective medium you can buy. \bur ad gets more bite in Business Tunes v-# .y-,, Everyday 30,000 people make it their to capitalise on this particular strength, business to read Business Times: local What's more, Business Times is surand expatriate businessmen. The prisingly cost-effective.. ks153 words
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Page 9 Miscellaneous
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Miscellaneous32 1980-02-08 9 BliStoW NdO'QE. ON H£*T T w oft To sibHewsewcjw p»© S upu. be STRN/»I%G SO* LA PLRG6. T BHTTMHO C«QPS UP mv u*u- 6C STowcyeepCH *729 T«e DiPOi-ING coDe W sTbHevaeACH is32 words
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BANKING AND FINANCE
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628 1980-02-08 10 LEE YOKE MENG - By LEE YOKE MENG BANKERS Trust International (Asia) will constantly try to adapt to the in- vestment taste of large institutional investors in the region. It will also aim to be one of most active merchant banks in Singapore focussing, in particular, on628 words
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247 1980-02-08 10 Reuter. THE nine-year domestic bond for the Kingdom of Belgium is meeting poor demand and the underwriting consortium will be left with large amounts of the issue on their own portfolios, primary market sources said. The syndicate has underwritten 51.5 billion francs butReuter. - 247 words
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153 1980-02-08 10 THE PUBpptess' Bapahle Telephone Company (RETELCO) has attained a UBHI.II mlllloa syadlcated laaa from a grsap sf latemsttenal basks, esiead ssanaged by Private la vestment C—p—y fer Asia (PICA) imi the Philippine Is usl munis Systems Organisation (PIS©). Spied In Hangkang m Jan the Una153 words
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Article96 1980-02-08 10 Reuter. BANK Indonesia has issued a licence to PT Overseas Express Bank (OEB> to operate as a national private foreign exchange bank, a Bank Indonesia spokesman said. Approval of OEB's application for a forex licence gives the bank six months to make preparations to operate.Reuter. - 96 words
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Article537 1980-02-08 10 UPI, Reuter. IN A MAJOR move to liberalise foreign —I—p trade, the Japan» go witmeat will soon ease tsrma on the tone of yen bonds overseas, source* Hid oa Thursday. The Finance Ministry has tightly controlled yen bond flotation overseas since the end of lastUPI,; Reuter. - 537 words
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197 1980-02-08 10 Reuter. EXPERTS from the Industrial Bank of Japan are currently visiting the US to investigate barriers to banks doing securities business under the Glass Stegall Act. The bank wants to persuade authorities to ease Japanese regulations, if US rules are less stringent, sourcesReuter. - 197 words
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Article114 1980-02-08 10 Reuter. BANK of Japan officials have ruled out a rise in the bank's official discount rate at present, but said they are watching a sharp upwards trend in domestic wholesale prices. The officials were commenting on a report in the national daily Mainichi Shim bun sayingReuter. - 114 words
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376 1980-02-08 10 Reuter. SWITZERLAND'S three leading banks, Union Bank of Switerland, Swiss Bank Corp and Credit Suisse, can expect an excellent financial 1979 to be followed by another good year, financial analysts said. Last year the gross profit of the three banks rose between 10 and 15Reuter. - 376 words
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Article158 1980-02-08 10 Reuter. THE US Treasury Department supports uniform reserve requirements for all financial institutions, Secretary William Miller told the Senate banking committee. "The preferable approach to monetary control is to set reserves universally and uniformally across all institutions, which would in turn allow some reduction in reserve ratios,"Reuter. - 158 words
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Page 10 Advertisements
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Advertisement19 1980-02-08 10 CongfatxW 15 CTOESDO a most s& -^0 aversary from UD. SMGAPORE FINANCE LTD. 74#*** r J *V y la**19 words
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Page 11 Advertisements
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Advertisement121 1980-02-08 11 WIINDOSUEZ^ Heartiest Congratulations to INDOSUEZ BANK on the occasion of their 75th Anniversary today from KONG SIAN6 (PTE) LTD 485 Kampong Bahru Road, Singapore 0409 Tel: *****42, *****90 *****95 Cable KONWHISKY WINES SPIRITS WHOLESALERS V V HHINDQSUEZifc Heartiest Congratulations to INDOSUEZ BANK on the occasion of their 75th Anniversary today121 words
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Page 12 Advertisements
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Advertisement249 1980-02-08 12 ill INDOSU YtARS Heartiest Congratulations to INDOSUEZ BANK on the occasion of their 75th Anniversary today from LINTREX PRIVATE LIMITED 19-A&37-A Block 261 Waterloo Auto Parts Centre Singapore 0718 TEL: *****21 LINTREX (M) SDN 24 Taman Kok Lian sth Mile, Jalan Ipoh Kuala Lumpur Malaysia TEL: *****3 BHD 4 INDOSUEZ249 words
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Page 13 Advertisements
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Advertisement186 1980-02-08 13 HHINDOSUEZ^ Heartiest Congratulations to INDOSUEZ BANK on the occasion of their 75th Anniversary today from KECK SENG (SINGAPORE) PTE LTD GOOOLAND PTE LTD 21, New Bridge Road Singapore 0105 Tel: *****4 SSSK S S m wm m m m m m m f? 9 ft* m KSi m 1»V TJ186 words
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1388 1980-02-08 14 Bp aad «Mar priem officially MM Ht hatmm la aid pqpotf to «Bo Slock lfrrfcaaf of Swat yw*y wtdi Sm bncktU ta kMs o( SECTION ONE INDUBTBIAL I COMMBBCIAL 2MQ)JKoHZWS <J) A 2si Ck <lJ<B) '> XM <*> IMXD BA T (IMB1,388 words
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Article138 1980-02-08 14 SNOAAM tKUNRIKl V otomamm iJoZra TbeSavto* Fa S'por* Prog Ft S pat Sec. Fm Spare Iaveat I S'pore Equity MUt ptekrMI) Ul IS .1 ad LS LN ■d IM LB ■d LM IM "md LM LS FM LM LJ0 V a iwraur t •MiktMD F MAMA at—III!A [Tlir|-'138 words
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Article2745 1980-02-08 14 1 1 •70/1060 Ugh Low CMyaajr Last Sale +orfir's Dlv DW Crr Gr*s YTd Net P/E Vol (■000) Day Hi<k Lew SECTION ONE INDUSTRIAL ft COMMERCIAL 306 223 148 180 282 77 266 434 218 380 207 Aetna 123* Alcorn UO Allied Choc 133 BAT 256 Bata2,745 words
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Article1957 1980-02-08 14 7 BID and otter pricM officially listed aad I ill in hi and reported to the Kuala t.mnp«r Stock Exckaage yesterday with the number of shares traded shown in brackets ia lots o<U00 uaits, unMs otherwiee specified. IHWBIBIIII AM (LBB) (1) LB —i aBmmM (L4B)) AImb (LIB)1,957 words
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Article, Illustration380 1980-02-08 14 BUYH8 sBfsi B Brisk raMjr aAor a BimIh B MBBayttBit Kla««hoiV, <IJ koaklBi, aad pBaBBn BBriBI has igssBi aensw ppiil lolBj B Be M lew Mpa wai aad a bom VMI b Bssfc B fs bsBre Iks CUbsbs Nbb Tear, Bsgr carparsOe phbMs* IbpbmI fasrs380 words
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Article485 1980-02-08 14 THE Kuala Lumpur stock market staged a strong recovery to cloae broadly higher yesterday, after two *days of technical correction. Trading was (airly active, especially Ming the afternoon when bnytag confidence returned and prices soared to the day's best lakbblß KWbi But the market in the485 words
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LATEST RESULTS
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Article81 1980-02-08 14 has teported ft pre-tax profit for the six moat hi eidcd December 1919 of 10MJ7 mfflioa (m f i—parail wttfa «BJ4 milttco) oa Mr of BUI nffite <$1714 mutton prevkmrty). The cMiaay has deciarea ai mrai aivKma of It cents per Acre. AMOT (Mto Cmm«« CB) has reported81 words
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Article34 1980-02-08 14 has announced aa iiasarthsd groap pre-tax. profit <tf MM.lt milHna sgtiaat UM aflttaa aa a solea tanwvar of fS J» milttoa <|MI mflHaa) lor the year ended Dec SI, 1979.34 words
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COMPANY NEWS
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Article, Illustration1487 1980-02-08 15 KOH TSE YING - By KOH TSE YING SEVERAL factors have been identified by stockbroking firm Kay Hian and Company which, in aggregate, may contribute to the development of a bull market in the near future. In its latest investment review, Kay Hian says institutional buying1,487 words
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199 1980-02-08 15 Reuter THE Carrian group yesterday denied stock market rumours that it is now planning the acquisition of major commercial properties. The group's Hongkong manager, Mr George Tan, said in a statement that rumours of Carrian buying part of the Gloucester Tower landmark and Star HouseReuter - 199 words
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598 1980-02-08 15 Reuter STOCK market analysts In Hongkong expect the Hongkong and Shanghai Banking Corporation to report net profit for 1979 of at least HK$l biltton, up from {726 8 million in 1978. The bank is due to report its remits tor the year onReuter - 598 words
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Article208 1980-02-08 15 CartMl b Books Date Total for Total for W|M1 Dels Cloee Payable the yea r Pre »teas y< Times Pib 174* Jan 22 Jan 28 Feb 8 25* 224* 8 T P(1975) 10* JanS Jan 28 Febt 17.5* 164*(a) N S Times 25* Jan 21 Jan 90 Feb208 words
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Article83 1980-02-08 15 Coapuy Ptrttnltn Ex Dal* Books CIom Teaartoh Bonus Issue of 1 for 1 MYA MYA Senloaa Bonus Issue of 1 for 3 NTA NYA TTiit, Bonus Issue of 1 for 4 NYA NYA M U ImI Rigbta Issue of 1 for 1 #*2.00 NYA NYA (a) Adjusted tar83 words
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Article298 1980-02-08 15 Date La •trail Y« ir C#mp»ay rcrm AaaMaeed Net EPS Grtm Pwtu last year <«■*) Dtv. <%) Praflt <rm) M'wata Steel i 22/12 12.4 10.0TE 14,803 Folex Ind 4 F 18/1 2.7 0.0 858 Nat Iron F 7/2 57.8 al7.9 37,679 F E Le'ston F 8/2 0.0 5.0298 words
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Article, Illustration421 1980-02-08 15 miita by HOCK LOCK SIEW YESTERDAY'S general recovery in share prices was not entirely unexpected, at least by the regular readers of this column. The market has been in a correction phase after the steep climb of the past two months. Numerous «mil speculators, attracted by a whiffby HOCK LOCK SIEW - 421 words
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Page 15 Advertisements
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Advertisement218 1980-02-08 15 SR. EXPLORATION GEOPHYSICISTS We need two senior geophysicists to work in Jakarta, Indonesia. Successful applicants must have a minimum of eight years experience, four of which should be in interpretation. Primary responsibity w* be to interpret seismic data and develop drttabie prospects. Additional duties wiH include supervision of seismic operations,218 words
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Advertisement355 1980-02-08 15 CASH OFFER BY HARINCO HOLDINGS PRIVATE LIMITED to acquire all the shares not already owned of CONSOLIDATED HOTELS LIMITED As stated in a circular to Shareholders of Consolidated Hotels Limited ("CHL") dated January 22, 1900, the Directors of CHL and their advisers, Morgan Grenfell (Asia) Limited, consider the terms of355 words
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598 1980-02-08 16 BIBIANA CHOO - By BIBIANA CHOO AFTER Jumping to a new 4 V*-year high of £231 a tone on Tuesday, following 4mrp overnight price changes in New York, sugar prices on the London market fell the next day and dropped further yesterday. The London daily prices598 words
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Article438 1980-02-08 16 BANKERS in Malaysia have come out in, full support of the proposal to introduce Bankers Acceptances (BAs) on a regional level following the consents reached at the third Asean banking conference. But they cautioned against harbouring too high expectations too soon in view of the many problems438 words
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Article817 1980-02-08 16 LONDON, Thurs. The market was generally firm in quiet trading apart from golds, which declined with the buillion price, dealers said. At 3 p.m., the Financial Times index was up 8.4 points at 464.3. Hopes of an early settlement of the steel dispute prompted fresh buying interest, but817 words
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Article, Illustration41 1980-02-08 16 AP Aerial view ilwwlii US tMps iperattic In the 8m «ftur ma trinr w rrm'ttufl*' «WtattMei IMB Kitty Hawk, UBS MMway, ami UBB Nlmtta. They an sirrtuM by vaiiMU caetrt ami amtv *l|». AP. yAP - 41 words
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186 1980-02-08 16 SMALLER borrower» in the local market are feeling the squeeze of tighter credit as the prime leading rate (PLR) moves up to an average of 10.5 per cent The Business Times index, based on 12 leading banks in Singapore showed that the last Increase to 10.4186 words
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235 1980-02-08 16 AFP Indonesian Foreign Minister Mochtar Kusumaatmadja pushed the normalisation of relations between Indonesia and China into the background again on Wednesday. The Foreign Minister told a fiouse Commission that it was more beneficial for Indonesia for the time being not to have diplomaticAFP - 235 words
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Article193 1980-02-08 16 Reuter SAUDI Arabia will not continue its present high level of oil production unless it can obtain a real return on its investment, Oil Ahmed ZaJd Yamani said yesterday. Saudi Arabia is at present exchanging its oil for dollars, the read value of whichReuter - 193 words
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426 1980-02-08 16 WANG LOOK KEAH - ■y WANG LOOK KEAH THE newly-formed Asean tourism federation will be proposing to governments of the five member countries for an interchangeability of Asean currencies within the region. This will help to promote intra-Asean travel among Asean nationals. At the moment, not all426 words
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417 1980-02-08 16 CAR parking Coupons under Urban lMrakpmeat Authority** coupon parking system are now available for iienhosf at 8 Housiag snd Development Board area offiooe. outlets are In addition to all URA parking kiosks, car parks dMslon bond office at Market Street and the URA hufldhn417 words
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Article109 1980-02-08 16 AFP THE US government and Congress appears to have a J 'great interest" in the idea of hrivting canal in Panama, Mr Shigeo Nagano, president of the Japan Chamber of Commerce and Industry, said. Mr Nagano, who return-' ed home on Monday from a tour ofAFP - 109 words
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Page 16 Advertisements
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Advertisement49 1980-02-08 16 IS pierre balmain pans < 19 ;V ■•wj 1 t m w: f. r 9 > <•- t' >; Ik .A V,; I \N V'j r#N A great name for great products j t r< 'i n *1 1; i k >i i M t < ~ur H t 149 words
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Page 16 Miscellaneous
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Miscellaneous36 1980-02-08 16 1 Generally fair. Bepert far M hnn prfer to 7J9 pm w M 7 at the alrpart. Marl mum temperature 31.1 Aasociated humidity 66 Minimum temperature 212 Mmodated humidity 98 Total rainy days for the month36 words
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SHIPPING TIMES
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PORTSIDES
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Article93 1980-02-08 17 AFP MITSUBISHI will fit new engines to the French containership Korrigan, the biggest in the fleet of the Compagnie Generate Maritime, merchant navy officials in Paris said yesterday. Despite French state aid, the terms offered by the yards at La Ciotat, near Toulon, were nearly 50 perAFP - 93 words
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Article119 1980-02-08 17 UPI A SOVIET freighter lay anchored in San Francisco Bay on Wednesday, a victim of the cooling of US-Soviet relations. The freighter Otradnoe arrived on Tuesday from Sacramento to pick up an additional quantity of feed grain from Pier 90. The grain waited on the pier, andUPI - 119 words
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Article77 1980-02-08 17 AFP THE Aboitiz Shipping Corp (ASC) of the Philippines will expand its container service to Hongkong before the first quarter of 1960. Aboitiz Senior Vice-president Jesus Perez Cardenas said: "we are confident that tins project will focus international attention on us as we have the most experiencedAFP - 77 words
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504 1980-02-08 17 GOH ENG KEE - By GOH ENG KEE A SINGAPORE-BASED shipping consultant firm is making a study of the transportation of latex from Malaysia, Singapore and Indonesia to Europe for the Economic and Social Commission for Asia and the Pacific. Jones, Bardelmeier and Co recently signed a504 words
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Article586 1980-02-08 17 Shlpfriag Liae P*. CM Adriatic IV 5 Afea VI 3 Alfred C vm 2 Alfred CTS IV 5 All trans VI 2 Alpac VI 5 Angkutan VI 4 ANL I 1 APL m 4/5 Argentine IV 4 ASCL m 1 Asia America IV 5 Asia Merchant IV586 words
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261 1980-02-08 18 Senior Minister of State (or Foreign Affairs S Dhanabalan will open the Offshore South-east Asia Exhibition at the Hyatt Convention Centre on Feb 26. Marine equipment worth about $75 million will be displayed by 487 exhibitors from nearly 20 countries at the Asian petroleum261 words
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Article, Illustration262 1980-02-08 18 MARINE communication equipment specialist Debeg recently moved into bigger premises at the Ayer Rajah Industrial Estate with an initial stock of spare parts and capital equipment worth about 1750,000. This move represents an expansion of its Singapore operations into a regional base to develop and maintain an effective262 words
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Article899 1980-02-08 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival Is advised by the 8hlppln« 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 following899 words
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Article1412 1980-02-08 18 A FIRMER tendency continued in North American grain rates on Wednesday with cargoes booked from the US Gulf to China at U5535.50 and $36.50 free discharge for Feb and from the US west coast to west coast Mexico at $22 fio for Feb also from US Gulf to1,412 words
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1486 1980-02-08 19 IF LATEST estimates by the UN Conference for Trade and Development (Unrtad) are to be believed, Hongkong shipowners control or own 42.5 million dwt of shipping registered under flags of convenience. If this figure is combined with Lloyd's Register's total for the1,486 words
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293 1980-02-08 19 FOUR sailors were Injured on Wednesday while fighting a blaze aboard a US tanker in the Gulf of Mexico off the Florida coast, officials said. Eight of the crew's 33 men stayed aboard the tanker, The Aries, to put out a fire in293 words
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Article, Illustration501 1980-02-08 19 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Blue Kochi (Ro/Ro) (9000 after Bunga Orkid) 33/34 Temburoog (1300 after Boatang) 22 Tajima (0630 after Ocean Progress) 31/39 PASS PANJANG Bay Star (after Kota Mulia) CB3 Gdns 302 908-963 Bominus (0600 after Maru sailed A Kota Panjang hauled) CB6 Gdns 303501 words
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3987 1980-02-08 23 acHEDimg A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.3,987 words
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968 1980-02-08 24 ORIENT EXCHANGE THE Asean freight and shipping market is healthy. Freight rates are continuing to increase mainly caused by the inflationary force of higher energy costs. Insurance rates are also higher. Owners are passing on higher operational expenses to shippers or charterers. It has968 words
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Article574 1980-02-08 24 KUWAIT has suspended oil sales to the Italian company Pontoil pending an investigation into the mysterious sinking of the tanker Salem off the coast of west Africa, a senior Oil Ministry official said. Meanwhile, Shell Oil International announced in London, it is taking legal action574 words
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Article108 1980-02-08 24 MRS ESTRELLA S Castro, senior manning officer of the Philippines National Seamen Board is now attached to the National Maritime Boau-d for a threemonth training stint The stint is the first senior fellowship award made to member countries of the Colombo Plan by Singapore's maritime board. The108 words
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Article108 1980-02-08 24 JAPAN'S Hitachi Shipbuilding and Engineering Co Ltd has won an order from Wah Kwong Shipping Company of Hongkong (or a 260,000 deadweight long ton ore carrier, the largest of its kind ever built, it was announced in Tokyo yesterday. The Japanese shipyard said the 960-foot-loug vessel will108 words
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Article1449 1980-02-08 24 The leading shipping lines operating from local Crts and the agents who handle cargo bookings r them. A B Adriatic Container Container Feeder» (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Alfred C. TMffer Intermodal (S)/ Marintex Enterprise (PK). AMred C. Toopfer SeMdahrt New1,449 words
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Page 17 Advertisements
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Advertisement1195 1980-02-08 17 vmmnammmmmmma n i Scan Dutch V Fast and Regular Service To /From N.C./SCAN/W.MED./U.K. Singapore Tel *****1 Port Keteng Tel *****1. Kuala.Lumpur Tel ***** Penang: Tel *****6 mm CONTAINER Sebed«lc« SHIPS la P«rt SHIPPING List ORIENT Exchange PEOPLE Ii Shipping REGIONAL Weather WHO Acts Per Whem M K A \R I)1,195 words
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Advertisement25 1980-02-08 17 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore Tel *****1 Port Keiang Tel *****1. Kuala Lumpur Tel *****. Penang Te» (*****625 words
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Page 18 Advertisements
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Advertisement736 1980-02-08 18 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG Lui. VOUAL SHPPHG CORPORATION BERHAD Cwttaw Swig Tp Eiwe Feeder "P Ketanc Vessel Spore 1) Mseides 2) Rdam 3) H burj 4) Gtwrg HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 7 fnmlmm 1) G'burg 2) H'burg736 words
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Advertisement218 1980-02-08 18 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA ftMMi kta M M/ 2 •10/2 H/2 1-2/3 7-4/3 tSKK I CM SaM 25/3 34/3 I Mm Fa M*n Mr SINGAPORE CAUFORNIA EXPRESS CONTAINER SERVICE ONLY 22 DAYS 'BlSlS' «-r fa 14/2 0700 La 15/2 1900 Fa 2/3218 words
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Page 19 Advertisements
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Advertisement474 1980-02-08 19 Overseas Containers Limited Weekly service to/from UK/Europe COWTMOSHT SPIRCE TO MH/COWHIT: QCL In T«ky« Bay Cjritfm Mai am a* MM Eiprtw i immfi HM(lM*t Express 19 Mir camnaasm sonnet from uk/cmmem: H*b*r| Bra* Ktm It Hart S'ton P MtHf Sport MMc n— MM UM UM kW bM lIF* MM IK.474 words
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Advertisement552 1980-02-08 19 Franco Belgian Services '/•u hh'tich > t rt ict i.'n />< i F,:s'<rr. SMGATOK P WLANC Lt Hawt 0 CHEF 44 FA 15 F«k 1 Mr W COAfTAMEA II FA 1) FA 7Mm C CONTMNH 14 FA 25 FA 14 Mar S S BMtt 21 FA 1 Iter 19 Mar552 words
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Page 20 Advertisements
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Advertisement749 1980-02-08 20 Hapag-Uoyd FU.LT CONTMKMED TO BMK Tat* Bay TtNkliprm Or M anas CMBMML TO MOTE !>n MriMtPM MMMWMI 27/2 21/2 4/3 25/3 15/3 17/3 >1/3 20,3 25/3 27/3 27/3 »/3 13/4 15/4 21/4 23/4 27/2 29/2 4/3 25/3 21/3 4/4 2/4 30/3 28/3 25/2 20/3 30/3 25/3 23/3 11/3 13/3 16/3749 words
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Advertisement601 1980-02-08 20 X. JJV E KOREA SHIPPING CORP ft VECA 145N P. Rota* VEGA 146E STORE 11/12 Fob FM BUSAM BANGKOK 10/12 Feb TO BUSAN ALTANI49W 6/9 Mar 10/13 Mv FMBUSJM BANGKOK ALTAR 150E 6/9 Mar 10/13 Mar TOBUSAN PENAMG CALL SUBJECT MDUCfMENT ISC IX IX ISC ISC ISC IX ISC IX601 words
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Advertisement332 1980-02-08 20 FVERCREEN LINE r fAP AS! ftIRUPF f XPRISS fillt CONTAIN! R SIRVM.f ACCE PTWG CARGO FOR; HAMBURG. FELOSTOME. ROTTIROML ANTWERP, LI mm. X ALSO ACCEPTOR CARGO FOR: SOUTWMTTON. LONOOK MANCHESTER. BMBBNCIWM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS T GERMANY HOLLAND AMSTERDAM (ml** llf* ZM> «■> 7*r Ik itT htfmi* IF# UFA UFA332 words
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Advertisement494 1980-02-08 20 Everett Lines r■A BatM n*« Star StriM"! C«t? m. ■k "BURMESE NATIONAL LINE' LOAMS FOR RANGOON M/NU M/MM «FS S C Aomi in Motovwa TEPS MALAYSIA Port Kaiong Tal (381-7355 Panang T«L *****/***** CaMpMM AlfMtlM Ot ru, Miiimiin >. A. C.I, f Jfj "ARGENTINE NATIONAL LINE' LOMMS F0« DURBAN, CAPCTONN,494 words
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Advertisement452 1980-02-08 20 tMttamamMMMMJMiBHatUKJMVI mo.s.E. OI'EAN SHIPPING 4 EHTERPHISES PTE UU. SANKYO LINE AUSTRALIA SERVICE Stappm LaaM* Jar 12/14 Fab Sit, KL I IVUM BANGLADESH SERVICE 15/21 Fab CMTTAGONG, CHALNA JAPAN/STRAITS SERVICE 9/11 Fab ta Part 11/12 FA 14/14 Fab P. Katun Nh| MPart 11/12 Fab 13/14 Fab 17/11 Fab 19/21 Fab KML452 words
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Page 21 Advertisements
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Advertisement541 1980-02-08 21 JMi PiL GROUP EAST AFRICA/REQSEA SERVICE ■w*« rCOLOMBO/KARACHI/P GULF SERVICE SING APORE/CHITTAGONG/RANGOON/SER VICES SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES LoadMg For CMtapoflt Madras SINGAPORE/INDONESIA/SINGAPORE SERVICES S.E. ASIA CONTAINER FEEDER SERVICE SIN/JK7/SIN/HKG/MAN Pakistan National Shipping Corpn. Karachi Pacific International Lines pie; ird »joint service Malaysia Shipping Corpn. sl n bhd KOTANMHV2 *lOT* MMKM *2541 words
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Advertisement93 1980-02-08 21 *lf SOON SENG GROUP Regular Service To East M'sia fOOI UUNG JUGOLINIJA EAST RIJE regular seraa to adrmtic mo east ibxterraican ports S pore P-Kebac Pena« MOTOWN for Alexandria. Beirut. Lattakia, Limassol, P. Sari 12 Fife mR IS Fife THSAT for Trieste 15 Feb 17 Fah Onßs KOSTRENA for Derince.93 words
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Advertisement548 1980-02-08 21 U- Ki BEN LINE L Z _J CONTAINERS Mi VM faM MM 11/2 M.TM mm SM hM MM Mi MM W> «i IN la )M IM W lit l» 2/3 M. TW Immm 9/2 10/2 12/2 13/2 ivt VJ t/1 HK. TW 17/2 U/2 20/2 21/2 wt iyi IV) H.M548 words
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Advertisement282 1980-02-08 21 Scan Dutch V ii u\i Lias:- i ii*iixu li-i: 3/3 VI 77/? V 3 11/3 11/3 13/3 12/3 17/3 11/3 »/3 IV3 a/3 »/3 17/3 a/3 S/3 1/4 v« in in M it/4 MM V 4 11/4 IV4 17/4 a/4 a/4 a/4 a/4 1 lIM a/4 a < si «rii282 words
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Advertisement420 1980-02-08 21 BOUSTEAD s> ACiLNCILS (k«m Dartan. Ctaam h at t lm*M) THE BAf\iK L lf\iL LTD LOADS FOR t. ft S. AFRICA Sport MPVII Fob t Mm«U.S. GULF COAST SERVICE /II 11 A A -I 1 (new und3nSi i nouSiOn, oWvvionj LOW IWB (*di ft to*)- 23/25 Nb U.S. NEST COAST420 words
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Page 22 Advertisements
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Advertisement867 1980-02-08 22 K LINE KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA feeder ksxls* k Monaicssu m us by Ma Act ICN SaM 9/2 Padßc knm 26/2 6/3 Lie* Gate ftMga 27/2 1/3 Nrnuw Mp 28/2 21/2 i <*»■ Ate 1M 14/2 17/2 hvkl Mm 4/3 14/1 Wum MM 11/3 a/3 MM IMT867 words
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Advertisement390 1980-02-08 22 LC./CKAT LAKES SERVICE lams f« «w ro*. arm mu hmxto, as CALfQRMA/PACFIC NORTV WEST SERVICE tar LOS mo, SM FtMEBCO. XATTU. TtCML MMCOMQL IX. EXPRESS CONTAIER/CONVENTIMAL/ REEFER SERVICE -Mr WtT T LvTAUSTRALIA EXPRESS CMTARER SERVICE OMNfc a tinfcirAi iewjea fmmt r. ybt tan In ImM Smcapsri PMm b to CM)390 words
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Advertisement658 1980-02-08 22 fs (fi'oup SIMArOHI SHIPPINu AGENCIES PTE iTD r,i= itattft slip llontniiicr IJm-s AEE KLY CONTAiNEH SERVICE to, t-on. BANGKOK Mr trmmtt mm ivuSfc 1 mm 2vhfm MUM 27/8 FM ma vta> *****R 12/Ufer •ISM 19/21 M 1«1SH 21/27 Mv UM 2/3 Apr 17/11 Nk 2V29FM 2/3 M VMM* 11/17 Mr658 words
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Advertisement446 1980-02-08 22 tx\ QRANARD line INDEPENDENT- ATTRACTIVE HATES MEDITERRANEAN SEA SERVICE ACCEPTING CONTAINER CARGO- FCL ONLY FOR PORT SAID. ALEXANDRIA. BEIRUT. IATTAKIA UMASSOL. ISTANBUL k PIRAEUS Specially engaged agents A stevedores providing immediate discharge ALi OMMED VESSELS GMNMD 9VPIK MBKES (S) PIE LIB. T* *****77 (5 Urn) NTS TRAOMG SON M Id446 words
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Advertisement316 1980-02-08 22 suirrinu iimgs, raoay, re f■ i i INTRASEA (PTE) ITO f Housp -If Orrh.vc? S«no t f REGULAR INDEPENDENT SEMI/FULL CONTAINERSERVICE TO EUROPE i tSF* iiwT iSnS^Rd ISM* 11 Me nmaam/i B S.N.D.V. LINE rtt ts7 INDIAFRICA LINE CTTTgwct or mam*-Ltatmmcm-REBLAR KBERCNT RUT CONTABCRBED VOWCL FROM uaot/mn. ran war ill316 words
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Page 23 Advertisements
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Advertisement200 1980-02-08 23 TRUCONTAINER EXPRESS INTERNATIONAL (S) PTE LTt Suites 1311/1312. Shaw Towers. Bead) Rd. Singapore 0718 accepting FCL/LCL Cargo for IW Zealand Auckland, I Wellington, J* Littleton, Dunedin UStrilia Sydney, Melbourne, Brisbane, Adelaide, rl Lanka Colombo t Call *****81 Container I >1881 i iner leasing service* i ICCU CONTAINER I FLEET B200 words
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Advertisement137 1980-02-08 23 ANHSING OVERSEAS LINE REGULAR SEM-CONTAMER/IKR SERVICE S pore P II UNION BOSTON U/15 Fet UNONCMMKM* 18/19 Frt 0 VOYAGER LINE rmmsmms/rmm am ub ma KOWIOON VOYAGER WTIE Wort STRONGWILL ENTERPRISE (PTE) Ltd BangMosh Shipping Agencf Ma Ltd Owners/Booking Agents of Bangladesh Shipping Corporation lim F Sa f *iSs& For Bookm|s137 words
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Advertisement177 1980-02-08 23 VSL SEA LOVE I 15/2 SEA LOVE IVJ 7/3 SEALOVEIV.4 25/3 SEA LOVE I V.5 12/4 SEA LOVE I VJ 29/4 KANNIVELL LINES (REGULAR SatVKE SMGAfORE/EAST-NEST MALATSM) ETA ETA ETA SPORE PKELANG PENAN6 LOADM6 FOR 11/2 10/3 27/3 14/4 1/5 20/2 12/3 28/3 10/4 3/5 ROTA KHABALU A'AGENTS: SMARM MOVERS'177 words
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Page 24 Advertisements
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Advertisement223 1980-02-08 24 EGYPTIAN INTERNATIONAI LINE EIL/ EGYPTIAN FLAG IB I Tfir Btr EGYPT ALEXANOMA SINGAPORE FA 7 Fab 24 U Mar 3 Mar 19 I !,i Nl Rt, 4UNIS L N SHIPPING Pit LTD Hi .\Vi4J:; SINsHPOPI S'lF A(.IN!S HS H M SDN BMP 1(1 W.'S? ihb": »i Ph 'II iVl'' PfNANI,223 words
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Advertisement235 1980-02-08 24 ZIK INTERNATIONAL FREIGHTWAYS PTE LTD W/MPOWgHWCE IHN6 FWS REEFER SOURCE TO JAPAN ffssL SPOH fo KAISEI MAftU In Port VESSEL TO IDLE EAST PJELAK REFER Po*Tpjkunb mm 10 Feb Loading for Bangkok. Kobe/Yokohama STOK 15/16 Fab LottfMg tor Muscit. Basrah only MOMS P.ODANC STOK NEW FORMULA 28/29 fab tor kfcscat.235 words
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Page 24 Miscellaneous
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Miscellaneous174 1980-02-08 24 WO3 WOSXJ. P»IB/ Si m mrn Recional WO3 CLOUDY CLOUDY/^ C i WO4 A WO5 FAIR 'A ¥05 xs. iinvr N A f Wl WO2 RAIN WO3 MINSk 11 «rl St S>M(3A if WIH IERSTORM THUNDERSTORM WO2 THUNDERSTORM as V.:' SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING.174 words
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