The Business Times, 13 February 1980
1980-02-13
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The Business Times
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Title Section11 1980-02-13 1 BUSINESS TIMES M.C4.P) N*. llt/I/M 'WEDNESDAY, FEBRUARY IS, IIN 50 CENTS11 words
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BRIEFLY...
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Article76 1980-02-13 1 AP BELGRADE, Tues. An official announcement that President Josip Broz Tito had shown signs of "a weakened condition of the heart" has raised new fears over the health of the 87-year-old Yugoslav leader. The official Tan Jug news agency quoted doctors at a Ljubljana hospital as saying MrAP - 76 words
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Article88 1980-02-13 1 AP JAKARTA, Tues. Vice President Adam Malik said the value of Indonesia's non-oil and non-gas exports is expected to increase from US$4 billion t057.6 billion in 1984. Addressing a workshop on the "Expansion of national private plantation estates in development," Mr Malik said the government has decidedAP - 88 words
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Article77 1980-02-13 1 AFP TOKYO, Tues. Japan's imports of crude oil in the fiscal year 1980 beginning in April may level off at the estimated fiscal 1979 total of 280 million kilolitres, Mr Tokio Nagayama, president of the Japan Petroleum Association said. Mr Nagayama also said crude oil imports inAFP - 77 words
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Article91 1980-02-13 1 Reuter BANGKOK, Tues. Prime Minister Kriangsak Chomanan in his capacity as Finance Minister has banned trading of gold bullion in the futures market. In an announcement dated Jan 30, 1960, the Finance Minister amended the Foreign Exchange Act of 1964 and banned trading of gold bullioninReuter - 91 words
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Article50 1980-02-13 1 Reuter LISBON, Tues. Angola today raised the price of its Cabinda crude to U5533.80 a barrel in its second steep oil price increase in three weeks. Angola raised its oil prices by nearly $6 a barrel on Jan 25, but today added another $2 a barrel. ReuterReuter - 50 words
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Article59 1980-02-13 1 AP Reuter LONDON, Tues. The afternoon fixing here of U*****.50 a troy ounce was down from $703.75 at the morning fixing, and down from $710.50 at yesterday afternoon's fixing. Id HONGKONG, the international gold price closed firmer at US$7O7/712 an ounce, above the previous finish of $700/705 andAP; Reuter - 59 words
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Article66 1980-02-13 1 AP NEW YORK, Tues. The stock market lost more ground this morning. The Dow Jones average of 30 industrials dropped 4.18 to 885.41 in the first half hour. Gainers outnumbered losers by a 3 to 2 margin among New York Stock Exchangelisted issues. Analysts said the observance ofAP - 66 words
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Article138 1980-02-13 1 Rises Indices Suf«i Beat 1330 130 Feb 11 Feb 12 Ayer HiUa lib K L Ktpoif Selaagor Dn4| 472 484 560 +92 16 15 B.T.Index: Industrials: Finance: Hotels: 3882.30 3K8J0 *71.67 #70.67 Geatiaga Miiu CulMn 480 336 12 12 847.74 846.59 417.66 418.94 Cobs Plant 367 12138 words
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Article, Illustration163 1980-02-13 1 Rises Indices Sg Besi Mentakab Petaling S Mai fin (M) Consplant Wrts Trooob A Hltara (T) Rivervtew L Perak Dualop Est Kg Lanjut Sg Bagan Talping Coo FQuang Isi and Pen M U lad Chin Teck M 1340 480 ISO UOO G90 1300 1530 340 440 505 348163 words
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Article627 1980-02-13 1 SALMA KHALIK - PROJECT TO START IN APRIL By SALMA KHALIK SIEMENS will be producing its new laser device for video disc players, Europe's answer to the video cassette recorder, in Singapore this year. Production of this device, expected to commence in April, will involve highly sophisticated technology. Mr627 words
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Article349 1980-02-13 1 AFTER two years at hard bargaining, Malaysia and Singapore appear ready to sign a liberalised air services agreement: Most of the obstacles are reported to have been cleared and the present talks in Kuala Lumpur, the seventh round, is scheduled to end today with officials meeting this morning349 words
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Article471 1980-02-13 1 A LOCAL merchant bank has Just taken a pioneering step in training up wtth x Bank of China's local network to break into the small gold bars market in Singapore. Dresdner (South-east Asia) Ltd started its sales, of gold bars in 5 and 10471 words
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Article414 1980-02-13 1 THE Bank of HeWiriti Limited is scoring three "firsts" with its issue of US$3O million floating rate negotiable certificate of deposit. (FRCD). Investors in the Asian Dollar market will be able to invest for the first time in a five-year FRCD bearing an option to redeem414 words
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135 1980-02-13 1 HAROfCO M*»* tstal stake Ji fisnBIHH MXVMMOn IB rsspeei ef VtM wdmm CHL shares have hem re* celved. SharehsMjenaf CHL 2»^esse^s2^wS be extended Isr anether msaih, 1 FsQswiag the receipt d farther aeeeptaaees, la CHL nsw Mnl sßs shares repveeeafr «HN l135 words
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501 1980-02-13 1 MANO SABNAMI - •y MANO SABNAMI THE UNITED group has definite plans (or the redevelopment of its large and valuable property at River Valley Road into a commercial residential complex. The company disclosed yesterday that its board of director» has been examining three alternative plans for the501 words
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Page 1 Advertisements
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Advertisement0 1980-02-13 1 <$^&[:-[+/,[$-\<?/~'"')~]$}~^"'0 words
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Advertisement152 1980-02-13 1 o THIN UTS TALK TEETH You wouldn't use a scouring agent to clean bone china, would you? It's the same with teeth. Yet ordinary toothpastes are too bland to remove tobacco film, and tea, coffee or other stubborn stains. The answer? New Clinomyn the toothpaste specially formulated for smokers who152 words
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Advertisement6 1980-02-13 1 •Lote Page I I£MDI3 SHIPPING TIMES6 words
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Advertisement120 1980-02-13 1 OR PEOPLE ■'HO MATTEf };>~*(\{^:]@("@""->`/)!${$.>=?} mcoHWP-i Our first fully automated intelligent memory typewriter. The WP-1 word processor by Ricoh. A fast, flexible solution to manual typing, editing and Information storage in your office. Special thin window display gives you accurate line by line editing. High speed printer gives you dearer,120 words
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TRADE AND INDUSTRY
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376 1980-02-13 2 HSUNG BEE HWA - By HSUNG BEE HWA SEVERAL smaller markets are likely to figure more prominently in Singapore's export diversification programme in the next few years. Among these expanding markets are China, Pakistan, Sri Lanka, Bahrain, Argentina and Panama. Exports to West Asia are also growing by376 words
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Article, Illustration109 1980-02-13 2 THE GUTHBIE riMnm ea the first Omt ef the Pwklue flhepptag Mall waa effldally epeaei last week by the —g*-g Areetsr ef Gatkrie Berfcad, 9r Astheay Htywwi The ifciwriim has aa area rf 1M iqiare Metres aai «splays the reilptwtr raage ef preiaete that Gathrle fßajipwn Is109 words
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Article, Illustration163 1980-02-13 2 AIR NEW has appointed Graeme McDowell as district manager, Southeast Asia, with effect (ran Friday. Mr McDowell, who will be based in Singapore, succeeds Mnhard Gates, who has been district manager, South-east Asia, since 1976. He started his career in 1960 with New Zealand's domestic carrier, National163 words
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Article239 1980-02-13 2 THE 16th Photokina the World's Fair of Photography (photo-cine-audiovi-sion), jointly organised by the German Photographic Industry Association and the Cologne Trade Fair Corporation will be held in Cologne from Sep 12 to 18. In the 30 years since its founding in 1960, the number of exhibitors239 words
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416 1980-02-13 2 CHOO AI LENG - By CHOO AI LENG METRO has started a mailorder service with a different marketing emphasis. It will be restricted to members of the diplomatic corps and international organisations in Asia, Africa, West Asia, and Australasia. By limiting its clientele, Metro will avoid the problem416 words
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Article88 1980-02-13 2 TELECOMS will waive the normal 5 per cent surcharge Import in international telephone calls and telegrams by non-deposit holders dining the Chinese New Tear season. This waiver «rr'H for calls and nwgn sent from Feb 15 (noon) to Feb 18 (midnight). From Feb 6, bookings88 words
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154 1980-02-13 2 SEMBAWANG Engineering has been awarded two oversea* contracts worth more than $15 million. The flrst is to fabricate a production platform for Brunei Shell, while the second requires the fabrication of 30 pressure vessel/piping skids containing 36 pressure vessels for CE Natco International. The Brunei154 words
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Article131 1980-02-13 2 A SURVEY OF local eating habits has revealed that despite the inroads made by American fast food chains, the majority of Singaporeans still prefer to eat at hawker centres when they eat out. The survey carried out by SRS In December showed that 69 per cent131 words
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Article, Illustration159 1980-02-13 2 AN AUSTRALIAN contact Ins manufacturer, Gelflex, has set itself an ambitious sales target. It hopes to secure a quarter share of the Singapore market. A local agent, Waco Intsia Pte Ltd, has been appointed to carry out its sales campaign against a market where there are at159 words
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Article703 1980-02-13 2 COURSES AND TALKS Feb 4-29: Course for School Inspectors, RELC, Ministry of Education F>b 19: Technical Talk, RELC, Singapore Manufacturing Engineers Feb 22: Technical Talk, RELC, Singapore Manufacturing Engineers Feb 26: Technical Talk, RELC, Singapore Manufacturing Engineers Feb 28: Quality Control Circle Meeting, RELC, SQRA Feb 28-29: Computer703 words
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Page 2 Advertisements
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Advertisement127 1980-02-13 2 TAX HAVENS Tax Havens where are they How can they be used How can you cut your taxes by using them These are just some of the questions which are answered in this valuable guide. ■< mi iM kM- m .•'.I f v i i KV a »i > •?>127 words
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REGIONAL
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386 1980-02-13 3 THE Malaysian government is committed to the programme of promoting heavy industries in the country as this would lay the industrial foundation of any nation. Deputy Prime Minister Datuk Seri Dr Mahathir Mohamad said the commitment is underlined by the fact that a special government386 words
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Article138 1980-02-13 3 Reuter AS ELAN transport officials will meet British aviation officials in London next month to discuss cheap air fares between the two regions, the chairman of the Asean Committee on Transport and Communication (Cotac), Datuk Mohamad Noor Hassan said in KL on Monday. He said theReuter - 138 words
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Article, Illustration200 1980-02-13 3 PRINCESS Alexandra of Britain officially opened Hongkong's Mass Transit Railway yesterday morning, starting a new era in the British colony's transport history. She rode the crossharbour section from Tsimshatsui station at the tip of Kowloon Peninsula through a tunnel under the harbour to Chatham Station in Hongkong200 words
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355 1980-02-13 3 AUSTRALIA is to phase out its restrictions on the export of tin concentrates to Malaysia by 1962, the Australian Minister for Special Trade Representations, Senator Douglas Scott said. Speaking at the end of his four-day familiarisation tour of the country, Sen Scott said355 words
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Article130 1980-02-13 3 Reuter PRESIDENT Marcos said the foreign policy of the Philippines shall be based on the assumption that the United States is now ready to protect the interests of its allies. Addressing the Philippine Interim National Assembly, Mr Marcos said there were question raised as to the dependabilityReuter - 130 words
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Article735 1980-02-13 3 AFP JAPAN is likely to mount a major export drive in 1980 but it will be only about half as successful as the IST***** export drive, according to a forecast released fay Chase Econometrics. Therefore, Japan will not be able to keep its current accountAFP - 735 words
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THE REGION IN BRIEF
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Article382 1980-02-13 3 SOUTH Korea will spend a total of 1.56 trillion won by 1984 in building facilities for stockpiling crude and oil products to last the country 60 days, Economc Planning Board (EPB) officials said yesterday. An EPB plan calls (or the stockpiling by ISB4 d 16.1 million barrels382 words
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Page 3 Advertisements
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Advertisement882 1980-02-13 3 "Quality is remembered long after price is forgotten? American Express, in conversation with Cardmember Dr. Aldo Gucci. xv -*>i T. j mi <?' T Vv x X-W* v.. J ►>.=». yV" r-vii *j> i^a His name has become an emblem of the elite and the elegant. Doctor of Philosophy, Doctor882 words
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RAW MATERIALS
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Article426 1980-02-13 4 MOUNTING International tension triggered a fresh wave of speculative buying in several major commodities on Monday, taking them to all-time or recent highs A fine balance or deficit between world supply and demand also helped boost copper, aluminium and rubber to record levels and sugar to426 words
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Article130 1980-02-13 4 VALUES in Kuala Lumpur remained higher yesterday on some late covering (or February despite some small refiners and millers having shut down ahead of the Chinese festival, dealers said. Trading was thin and quiet with interest in the southern region, where February traded M 52.50 higher at $1,150130 words
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Article141 1980-02-13 4 CBT soybean futures closed mostly unchanged to firmer with the August contract posting a fractional loss on Monday. Gains ranged from Vi cent to 3Vi cents a bushel. There was little direction to dealings, with traders reluctant to assume a position ahead of the Brazilian CFP soybean crop estimate.141 words
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Article156 1980-02-13 4 CHINESE Pndiee Exchange, Singapore, cissiag prices per pieal yesterday: Csesast ell: Bulk $107 sellers, old drum $113 sellers, new drum 1117 sellers. Cspra: Mixed (loose) UK/ Cont 163.00 buyers. Pepper: Muntok AST A white fob 100% NLW $337.50 sellers, Sarawak white fob 96% NLW $322.50 sellers, Sarawak special156 words
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Article551 1980-02-13 4 NYT THE NORMALLY placid New York Cotton Exchange exploded in frenzied trading last week that shattered volume records antedating the Civil War. Cotton futures prices, meanwhile, swung over a broad range during the week as traders responded to waves of fact and rumour. By Friday's close, theNYT - 551 words
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Article308 1980-02-13 4 THE SINGAPORE mriKt closed slightly easier yesterday with March One RSS buyers quoted at 309J0 cents per Idlo, down 1.50 cents from Monday's close, dealers said. Morning prices were marked up about Sue cents on nervous shortcovwing, speculative and trade buying, they said. Afternoon prices lost about seven cents308 words
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Article311 1980-02-13 4 K.A.8. prices In cent* per kilo yesterday Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 387.00 300.00N Int. 1 R.S.S March 307.00 ***** Int. 1 R S.S April 400.00 411.00 Int. 2 R.S.S 314.00 305.00N UK Coot *3-00 304.00N Int. 3 R.S.S. 3(1.00 382.00N UK Coot311 words
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Article59 1980-02-13 4 NOON S8R and 8MR pncaa ymurimr KA8 Mud April (CmmmtMIk) (forward MUl SSR» (l-4oo palWO SLOO 33S00N *»5 00 SSRSO (l ion paiWti 3Mi)0 33X00N S3J00 U4.00N MRKLB Mtnk April 5™ f* U-Um pattaO «08 00 411 00N 411.00 ***** St M mS mSS ssst sssss ,i2859 words
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Article90 1980-02-13 4 THE Btralte Um price la Peuig yesterday eaaed •Mtter Msl4 te 1» per pte«l, still $211 aheve the lateraatteaal Ha Agreement eeittag, dealers nil The metal eased ea farther flifil ef tia eeaeeatrate» hy misers ahead «f the Chtaeee laaar year, eeapled with the lewer rsadltiaas ea the90 words
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Article39 1980-02-13 4 Rubber: Feb 12 Singapore: March: 389.50 cento (down 1.50 cento) Malaysia: March: 393.00 cento (down 1.50 cento) Tin: M 52,180 (down $14) (equivalent to $36.05 per hilo) (down 23 cento) Official offering: 280 tonnes (up 2Vi tonnes)39 words
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Article47 1980-02-13 4 CBT wheat futures finished five to BVi cents a bushel higher on Monday, closing near their highs for the day. Commission house buying kept futures prices near their highs at the close, sources said. CBT corn futures closed one cent to two cents a bushel higher.47 words
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Article854 1980-02-13 4 BVGAB: Number two raw sugar futures steadied on combined outsider and trade support but closed yesterday morning about £3.25 below session highs with pared gains of £4 JO to £6 per tonne. The market had opened mostly at an average £0.30 gain, well up from depressed kerb levels,854 words
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Article246 1980-02-13 4 SINGAPORE: 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, Special 057.246 words
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ASIAN STOCKS
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Article603 1980-02-13 4 TOKYO Source: DBS-Datwa DESPITE active trading in the morning session yesterday, some of the leading issues in the market did not appear to be sought after. Among resources-related issues, the focus of the market, Nippon Oil lost YlO to Y1930; Teikoku Oil, Y4 to Y955; Mitsubishi Mining andSource: DBS-Datwa - 603 words
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Article414 1980-02-13 4 THE ALL-ORDINARIES index touched a new record yesterday, adding 19.57 points to peak at 934.96 points, while the metals and minerals index jumped 193.46 points to 6,536.43 points. Brokers said rises outnumbered falls across the hoard by about three to one. Stock prices rallied on overseas purchases of resources414 words
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Article338 1980-02-13 4 THE MARKET yesterday broke out of its lethargy with some spectacular gains, led by the Hongkong Bank which shot through the HKS22.00 level to HK|22.60. There was no special reason (or the advance but optimism and high liquidity amongst local traders played on important role. Among the best movers338 words
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Article276 1980-02-13 4 BLUE chips remained strong yesterday in an otherwise sluggish market, with Monday night's Cabinet reshuffle apparently having no effect on sentiment, dealers said. Industrial Finance Corp gained doe baht to 133, First Trust fell six to 63, Asia Credit rose one to 157, Mah Boonkrong Drying and Silo rose276 words
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Article160 1980-02-13 4 THE MARKET closed mixed yesterday with minings, commercials and industrial posting gains while oils were easier, dealers sakl. Turnover rose to 31.8 million pesos from Monday's 9.08 million. Atlas Con B, Lepanto B, Marinduque B, Ist Phil Hlds, CDCP, and Vulcan gained while Benguet Con B, Philex B, Pogei,160 words
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Article52 1980-02-13 4 FINANCIAL TIME8 INDU8TRIAL8 Monday 400.0 Friday «1.4 Week ago 446.7 DOW JONES AVERAGE INDUSTRIALS Monday 890*6 Friday 886.73 Week ago «75M H.K.HANG 8ENG Tuesday 814X3 Monday 908.87 Week ago 887.40 SYDNEY INDUSTRIALS Tuesday «71 Jl Monday 080.87 Week a«o «37.42 ALL ORDINARIE8 Tuesday 834 88 Monday 815.38 Week52 words
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Article104 1980-02-13 4 MITSUBISHI Motors Corp said it agreed to finance US imports of its vehicles by Chrysler Corp during February and March to help the US company resolve its fjimnrUl dWßwilH^ Mitsubishi said that it will provide secure wmmHng tar Chrysler's imparts of Japanese vehicles far the two month period104 words
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Page 4 Advertisements
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Advertisement132 1980-02-13 4 Wendy Hutton's ....more than just a cookbook! FOOD Here, for the first time, is a local cookbook that fives you more than just recipes. More, too, than lots of fascinating and relevant information about Singaporean ingredients and cooking methods. Singapore Food is unique because R puts Singapore's famed cuisine into132 words
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OVERSEAS
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151 1980-02-13 5 Reuter CHRYSLER Corp is close to an agreement that will help it finance the delivery of Mitsubishi Motors Co vehicles to its US dealers, company sources said. The Chrysler sources said Mitsubishi will provide, directly or indirectly, financing worth US$l5O million to Chrysler inReuter - 151 words
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Article130 1980-02-13 5 UPI FRENCH officials said there are "mechanical" differences between the United States and France on how to deal with the Soviet invasion of Afghanistan, but there is no disagreement on the principle that the Soviets must withdraw. They spoke at a meeting of theUPI - 130 words
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282 1980-02-13 5 AFP ENERGY ministers of the 20 industrial oil consuming countries grouped in the International Energy Agency (lEA) are to meet in Paris in six weeks' time to discuss the latest developments in world oil pricing and supplies. The meeting, which will take placeAFP - 282 words
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256 1980-02-13 5 UPI THE United States will not declare its guilt in advance to win release of the American hostages, State Department spokesman Mr Hodding Carter said on Monday. He responded to questions raised by an interview given by Iranian President Abolhassan Bani-Sadr to the FrenchUPI - 256 words
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Article785 1980-02-13 5 ARRIVALS Service Local Operator Number Time From PAA PA005 0125 NYC/SPO/HKG TMA TL375 0630 BEY/DXB/KUL MAS MH682 0710 KCH MAS MrtbZl 0920 PEN MAS MH607 0845 KUL RBA BI421 0930 BWN MAS MH671 0945 PEN/KUL SIA SQ211 1000 HLP CPA CX710 1005 HLP GU GA960 1030 HLP785 words
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149 1980-02-13 5 UPI RETAIL aaies una the U8 raae a Strang U per eat daring Juury, the government ria parted Meaday, to •ffer a eNffletog signal abaat which way the him my la headed ap ar dawn. The Cammerce Department said UBH&S Milton in mies was rangUPI - 149 words
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Article445 1980-02-13 5 FEARS ot rising inflation in Britain have been fuelled by the announcement that wholesale prices rose a steep 2.5 per cent last month the biggest monthly rise since April, 1977. The Department of Industry also reported that raw material costs went up 3.25 per445 words
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WORLD IN BRIEF
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Article443 1980-02-13 5 Agencies WORLD reserves of coal which can be worked profitably are sufficient for about 250 years and output within the next 40 years could total almost 9,000 million tonnes, a study made by the International Labour Organisation (ILO) showed. It said that, for several years already, the coalAgencies - 443 words
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Page 5 Advertisements
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Advertisement210 1980-02-13 5 SEIKO HAS IT ALL! Then consider Seiko's outstanding technical expertise Seiko makes every part of each watch Ifs relied on worldwide wherever accurate timekeeping is critical At international sports events, at airports and broadcasting stations The same, superb quartz accuracy goes into your Seiko wristwatch Finally, look at Seiko's range210 words
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Article356 1980-02-13 6 SINGAPORE has ridden well the technological swings of the electronics age and has, in many ways, managed to avoid the worst effects of the down-swings. Our economy has benefitted from innovations in electronics, from the first factory producing inexpensive but versatile integrated circuits to the latest producing356 words
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274 1980-02-13 6 THE REVELATION by United Engineers that it means to redevelop its River Valley Road site is adequate confirmation that the centre of development activity has shifted to the south-west of the congested and over-priced Orchard Road area. Already several owners have declared their development274 words
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Article, Illustration639 1980-02-13 6 NORRIS WILLAT - The game being played currently in world shipbuilding seems to have little to do with efficiency or technology it is a subsidy war, reports NORRIS WILLAT. NORRIS WILLAT THE SHIPBUILDING industry worldwide may be in a crisis but state subsidies and protectionism are not the way639 words
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Article769 1980-02-13 6 THOMAS RIZZO - One American state will reap the benefits of Japan's set-up of plants and hitherto its employment opportunities in the US. By THOMAS RIZZO AP BASED on recent developments, Ohio appears to be fertile ground for the expansion of Japanese business interests into the United States.AP - 769 words
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Page 6 Advertisements
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Advertisement62 1980-02-13 6 rn&mm M Wp ■> W- <♦ V R Vv»^a^^elUO \otT> oreU include\jK®y COME AND TEST DRIVE ONE NOW from iny of our showrooms* UNIVERSAL CARS (PTE) LTD WTC Te1:*****77,*****19 TelokKuiau Te1:*****94-G5O-53 Ground Floor, World Trade Centre, Singapore 0409. 237 Telok Kurau Rd, Singapore 1542. NEW SHOWROOM: Orchard Rd Te1:*****1 Goldhill62 words
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Page 6 Miscellaneous
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Miscellaneous1239 1980-02-13 6 the tiriitaU (deadly flier) gtve rise to the la Tanato*(a~*Mth Mm part)f Light eatertalameat I» T with Ritchie, Patofe aid leaf* aad a r at IMipß, Chaaael a aatrageaas heha. I, Baad to WeaUey mm faathall faas. TaTJIp,(IUMIL -alght's taatarea the high* g-? wt < spirited ehaUeage hetweea i T1,239 words
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Article, Illustration1069 1980-02-13 7 RONNIE LIM - Jhe Japanese consumer is Mill suspicious of piade-in-Asean products. AIC Inc, one of Japan's new grading companies, is ready to bridge the gap by promising to send guying missions to the Region. RONNIE LIM reports. ft RONNIE LIM XIC Inc (pronounced affectionately by1,069 words
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Article315 1980-02-13 7 OVERSEAS Chinese have established a strong tradition of sending money back to relatives in China to help them tide over the difficult times. Lately, gifts have included sewing machines, bicycles, casette recorders, calculators and now colour television sets. As if realising the senders' problems in handling315 words
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908 1980-02-13 7 JOHN TAN - FORUM with JOHN TAN IN ITS ZEAL to keep Singapore roads reasonably free of traffic jams, the Government has again relied on a number of tried-and-tested methods. It has raised the cost of cars so that fewer people can afford the initial908 words
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Page 7 Advertisements
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Advertisement113 1980-02-13 7 Ifs simple and it works. The key to the most complex problem is often very simple. In the case of international air freight it's a phone call to EMERY. That puts you in touch with EMERY'S worldwide network pf over 150 offices and the ingenious computerised tracking system we caH113 words
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Page 7 Miscellaneous
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Miscellaneous44 1980-02-13 7 s€£, NOU) eYtJEMSiOH IS sJfMCfHG SMPtPf. SALT OF THE. eBRTn, TMC fcfcmsM uaofcKWOOVC P*T Tv*em now, IN Tue V4GPCT Of THLSUK oMee BuUeffcttffS I'LL Be DRIVING Doo)H IMC RoOTe N«T,oNRLe "^*^s LN /ON f*»D You'Ll BC Driving UP n?ofn mom* ZJPi* to r /am44 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article251 1980-02-13 8 FEB 11 CORBEILLE Alr-UquK)' 519 5 B S N Gervais Danone 1006 -9 C S F (ThomsonCsf> 572 -6 CM rnncuw des Petroles 274 80 99 Compagnie Financiers Compagnie 2 General? 362 Credit Foncier De France 472.30 7-3 War belle (Librairie) Machines Bull 72 2 Mlcheiln (B) MS -4251 words
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Article95 1980-02-13 8 KEB II FT* FORWARD MARKET Acec 324 +3 Arbed 2335 •15 Astur 906 22 Brascan 008 ♦50 Bru-Lamb 1096 5 Canpac 1294 124 Cock 349 0 Dr Beers 355 5 Ebes 2180 unch Elrctxobel 5610 -30 Ob-lnno-Bm 2006 -20 G«v 004 -0 Hobok 3120 20 Petit) 0250 >140 Ryl95 words
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Article209 1980-02-13 8 FEB 11 Dm Aef-Telefunken 3110 -06 Akio 2390 +06 A1U Lcben 8» 00 10 AlU Vera moo unch BASF Bay H T Wbank Bay Vhank 14ft. 80 240 SO 27* 00 -1 •1 Bayer 124 JO unch mar Win 2.7 RliW 164 00 unch Caaaella moo 1 Ctvem Verw209 words
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Article190 1980-02-13 8 FEB 11 FU ABN ***** j A hold torn uncfi Akzo 2800 0-2 .1 AMEV alio Am fas 112 50 15 Amro Bank 03.00 0.1 ST" C90 96 SO unch +1 Boll SO 80 unch Borsumij Burhmann i 8330 unch Byenkorf 6100 unch Caiw Delft IM.OO *2.3 Dell Mi)190 words
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Article186 1980-02-13 8 FEB 11 Francs Action* Suumi Alusuuse Br Aiusulsae Ref Brown Boverl Br Clbi Gelfy Br. Clba Oeic* PC 207 1)60 SOS 1M0 1275 1000 1 15 -4 10 4 10 II»G»1|V Rm. n »7 CrMIt Suisse Br Cndlt Suisse Ret Elektrowau Br Georte rise Iter Br Olototi* Pe Hero186 words
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Article101 1980-02-13 8 KEB 11 Urc Ante Aiaoc Gen Bulofi WOO TO 50 -05 -TOO Central* rial Finsider Oen Immob MOO ia» 17 60 75 -210 -1 •4 -1J 1F1 Prt Italcemenu Itaigas 2420 ***** aoi -33 -SOD -1 Iialuaer MafneU M PI Marelll Ere Medio* 240 500 301 ***** -3 unch101 words
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Article1214 1980-02-13 8 NEW YORK PROFIT-TAKING on recently strong oil and defence issues depressed the stock market on Monday in heavy trading despite gains by other natural resources issues. Analysts expectations of further credit tightening by the Federal Reserve provided traders with an excuse to take profits on stocks that1,214 words
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Article203 1980-02-13 8 FEB 11 CS AUIUtM X3 unch Alcan TO i IS Algoma 37 -V Bank Mont 27'i Ban* Nova Scotia ats. Bell Tel JO unch Beth Corp BP Can Ltd Z 43 2 Braacan XT'i *4 Camp Red Lake 38 Can Imp Bk XI'. Canpac 48'. Canpac In* PI Carllnc203 words
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Page 8 Advertisements
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Advertisement168 1980-02-13 8 I—— Where to wine, dine and entertain Come, 'sample' an experience! DOLPHIN CAFETERIA I"» GARDEN BALLROOM 2nd floor, Holiday Inn Hotel February 14th, St Valentine's Day GALA DINNER DANCE 730pm to 2ioo am Ss39** per person (inclusive of a bottle of wine for 2) February 15th, 16th 17th CHINESE NEW168 words
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Advertisement174 1980-02-13 8 JW rs *> Wi fiSS iJ*5 iv* t* r a si*^ s ti'ii^'i'WW!!^ '»■> 4'H. as sT-, •"'-is-.' <-- > > < m For banquets, For conventions. For other functions of flawless finesse. ;/'!< tn »i\ it >» up ta .!S() i i\u sts I f .'ft TT 1( I174 words
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Advertisement148 1980-02-13 8 See Page 4 for Asian stocks See Page 9 for Jo'blirg prices Savour our Chef Rene's masterpieces of European Cuisine. The Chanticleer where good taste triumphs hi ma c m 301,1 C all Josephine for rt-st-rv<iuons *****75 01 737W1 II x 107 Happier Hours At v Merlins Tavern Bar #9148 words
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Advertisement97 1980-02-13 8 Take a sluiaboat to nowhere Better than a cruise That's Hin's exclusive Golden Steamboat All the prerequisite ingredients are here Take your pick Take your time. Take this steamboat going nowhere And sail along with your choice of typically Cantonese favourites. Plus our very own Flavours o f Singapore Hin's97 words
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Advertisement62 1980-02-13 8 l\\ rir a Fortuna Restaurant offers one of the Each dish reflects a subtle blend of natural flavouring end spices, a taste which is distinctive of true Cantonese —enrtstss, friends and nelatfew at the Fortuna the next time, "nwddidw fowl and tnt mendiy atmoiplmt antench htnch or dinner at the62 words
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BANKING AND FINANCE
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896 1980-02-13 9 THE recent recognition that inflation is not about to disappear is creating havoc in the bond markets. Thirty-year Treasury bonds, for example, declined about 14 per cent in the first five weeks of this year. The bond markets did show sudden signs896 words
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Article338 1980-02-13 9 MR PAUL VOLCKER, chairman of the US Federal Reserve Board, warned that the number of banks threatening to leave the Fed system was assuming "flood proportions," and that this trend, unless reversed, could damage the Central Bank's ability to conduct effective monetary policy. In a testimony before the338 words
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251 1980-02-13 9 TRADE between the United States and the Asean countries increased four times over the past five years to reach a total of US$2O billion. Mr Torell, vice-chairman of Manufactuers Hanover Trust, said this is evidence that the 1980s is the decade of Asia, where251 words
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Article106 1980-02-13 9 A NEW insurance company will be set up in the United Arab Emirates (UAE) in April by the New Zealand Insurance Company Ltd and several other financial groups. Formal approval has been granted by the Dubai ruler, Sheikh Rashid bin Saeed al Maktoum. Known as the Al106 words
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Article179 1980-02-13 9 THE Singapore branch of the Dai-Ichi Kangyo Bank Ltd is issuing US$2O million three-year floating rate certificates of deposit (FRCD). The managers are Singapore Nomura Merchant Banking Ltd, Daichi Kangyo Finance (HK) Ltd and Asian-American Merchant Bank Ltd. Carrying an interest of V* per cent above the179 words
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Article463 1980-02-13 9 SUITS brought in London by Bank Markazi Iran for the recovery of more than US$3 billion of deposits placed with the London branches of five US banks could come to trial in April or May, banking and legal sources said. The Iranian central bank463 words
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Article, Illustration226 1980-02-13 9 BASCOBP Namiwntlr Dlvhdea is sfferlag the paMle a very United ranker sf geld aad silver t*tm dfipli llag the laaar Yew sf the Meakey. Minted la Lsadea aad rathertsed far dtetrfbattea by the Macaa gevenuneat, the aew geld eeia issae is eneeM la have aa226 words
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MONEY AND EXCHANGE$
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Article160 1980-02-13 9 THE U.S. dollar ruled generally steady yesterday against most currencies in quiet late afternoon trading, dealers said. However, technical factors led to a slight strengthening to 1.7396/03 marks compared with the morning 1.7385/95. The US unit was virtually unchanged at 1.6160/80 Swiss francs compared with 1.6160/70 in the morning160 words
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Article30 1980-02-13 9 FRANKFURT exchanges opening quotes yesterday: US 1.7398/06 Stg 4.002/012 Can 1.5001/17 Dfl 90.67/76 Sfr 107.48/63 Lit 2,156/58 Ffr 42.69/73 Nkr 35.70/74 Bfr con 6.153/60 Bfr fin 6.024/034 Yen 0.7207/1730 words
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Article324 1980-02-13 9 FEB 11 Rand INDUSTRIALS A Alpha 285 +10 A be rcom 330 •f5 AE And CI 680 10 AMIC ***** Barlows 935 -20 Cg Sugar 13S0 150 CNA 400 Currte Finance 170 *5 De Beers Ind -250B Edcon 525 5 Edgars 6000 Eveready Fed Vol* ~S. 440 4324 words
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Article432 1980-02-13 9 THE U.S. dollar was relatively steady in yesterday's foreign exchange market. No fluctuations were recorded in trading in the US dollar against the German and local units. Sterling opened at 2.3040/ 50 against the US dollar and eased gradually thereafter to close at 2.3025/35. Against the yen, the432 words
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Article213 1980-02-13 9 FOR MOST of the week, it was pretty much the same old story in the bond markets, as prices plummetted and yields soared. The markets weakened as traders tried to unload positions, but merely ended up shifting bonds among themselves instead. With high grade utility bond yields approaching213 words
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Article22 1980-02-13 9 THE average rate at which major Singapore banks are currently prepared to lend to their beat customers is 10.5 per cent.22 words
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Article185 1980-02-13 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Feb 12: 7 days 1 month 2 months 3 months 0 months 9 months 12 months US Mfan<8M<) Off.r BU 14 3/16 141/16 19 V4 16* 15H 15 V, 1513/16 1511/16 15 13/16 15 U/16 1411/*****/16 14'/% 14H tiwJn.185 words
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Article46 1980-02-13 9 RANGE of prices often Ml by dlscount house* t on Feb 12: Overnight Call depes Ms: to 6V,» 3-month B«yta6 MlM Treasury bill* 6V« •H 3 month Bank bllts 101/16 919/16 3 months CD 10'* 10 S months CD 10 9% Source: National Discount Co46 words
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Article58 1980-02-13 9 AUSTRALIA/NZ exchanges quotes yesterday: US dollar 1.1099/1.1051 Sterling 0.4829/0.4774 Ninety day air mail buying rates Sterling 0.5078 US dollars 1.1625 Ninety day forward buying rates Sterling 0.4913 US dollars 1.1199 New Zealand Reserve bank midrate US dollar* 0.9859 Trading bank indications Sterling 0.4293/0.4283 US dollars 0.9909/0.9809 Ninety day air58 words
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Article309 1980-02-13 9 GOLD futures In Singapore yesterday closed firmer yesterday compared with overnight levels in thin trading, dealers said. Opening prices were marked down around US$5 but the market recovered in late afternoon trading on some buying Interest, they said. Turnover for the day was recorded at 110 lots while kerbs309 words
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Article176 1980-02-13 9 STERLING opened easier yesterday compared with Monday's close in quiet trading ahead of yesterday's New York market holiday, dealers said. Increased concern over the UK's industrial performance following the announcement of massive layoff {dans by British Leyland was dampening sentiment for the currency they said. It opened at U552.3018/28176 words
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Article207 1980-02-13 9 THE U.S. dollar for overnight delivery closed at 241.15 yen yesterday, down from a 241.50 opening but up from 240.85 at Friday's close, dealers said. Trading was modest with volume ot US$64O million. The dollar edged down In light late trading on selling by Japanese banks to cover export207 words
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Page 9 Advertisements
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Advertisement58 1980-02-13 9 Effective Febmory 11 1980 the next six month interest rote tor the U5520,000,000 THE BANK OF TOKYO LTD Asion Floating Rote Certificate of Deposit due August 11 1982 sholl change from 11'» %to 14-* 4 REFERENCE AGENT CREDIT SUISSE FIRST BOSTON (Asia) Limited REFERENCE BANKS: BANK OF AMERICA NT &SA58 words
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Advertisement441 1980-02-13 9 CASH OFFER BY HARINCO HOLDINGS PRIVATE LIMITED to acquire all the shares not already owned of CONSOLIDATED HOTELS LIMITED J Shareholders of Consolidated Hotels Limited ("CHL") are hereby informed that the Offer by Harinco Holdings Private Limited ("Harinco") dated January 9, 1980 ("the Offer") will be extended and will remain441 words
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1528 1980-02-13 10 BID and offer prices officially listed and hi»tn— in and reported to the Stock Rirfcin of Si mi pore yesterday with the number of shares traded Aown in bracket! in lots of 1,000 units, unless otherwise apectfied. SECTION ONE INDUSTRIAL COMMERCIAL •A«i1,528 words
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Article155 1980-02-13 10 ■Mum ui nm WT INCOME 1 BOND UNIT prim i tar Fa (Carat priaaa) The Commerce 2.4D IS n icome Bond 1.19 Lll The Saving Fund L9» IM S pare Pro§ Fund un UI S pore Sec Pud IM IM MlUR mrvnu S pore Iavert Fund L« IM155 words
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Article2754 1980-02-13 10 1979/1080 High Low Compaay Last Sale or Gr*» Div DW C"rr Gr*a Net YTd P/E Vol Day (•OOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 306 223 148 180 282 77 275 452 219 380 207 Acma 123* Alcom 110 Allied Choc 133 BAT 255 Bata 57 h2,754 words
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Article1864 1980-02-13 10 BID and otter prices oWirtoHy listed and business in and reported to the Km Is i j«mp»«r Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, imu— otherwise specified. INDUSTRIALS Am (IMB MB) (5) I CS (J) 1« thwh1,864 words
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Article, Illustration583 1980-02-13 10 PLANTATION iltreieutlml tajtag aad tke ■iiif It af Mml mil of prtee at the fflagipsrr stack Beaks aai MbMili n> eelvei sahmths nppart, u< star llag la inlwl stacks, West Ariw petn<«hn arc m* hU I» ke eaterlag Mskiyataa etaMarket kekavtw avar tke peat twe583 words
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Article544 1980-02-13 10 PLANTATION stocks continued to feature bullishly on the Kuala Lumpur stock market yesterday, against a slightly mixed background. Trading was moderate. There was again keen demand for plantations at the opening session, with this well-sustained throughout the day. Elsewhere, the pace seemed to slackened, and prices544 words
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COMPANY NEWS
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Article714 1980-02-13 11 SIME Darby yesterday declined to comment on rumours floating in Malaysia and in London that it would make a fresh bid for UKbaaed plantation group Guthrie Corporation after narrowly failing to gain control of Guthrie last year. Sime's refusal to deny or confirm the rumours leaves714 words
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Article, Illustration697 1980-02-13 11 LOW LEE CHOO - By LOW LEE CHOO Yeo Hiap Seng (Malaysia) rates its prospects during the current year ending Sep 30, 1980 as "not easy", in view of rising costs and intense competition continuing to put pressure on profit margins. But chairman Alan Yeo Chee Yeow697 words
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Article223 1980-02-13 11 Current Ex Book* Date Total for Total for Payment Date Close Payable the year Previous yeai M U lad 5* Jan 25 Feb 6 Feb 13 7-8* 53*(a) Kulim Msia 10*1 Jan 23 Feb 2 Feb 15 10* 213* SEAL 2*TE Dec 27 Jan 9 Feb 15 2*TE223 words
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Article85 1980-02-13 11 Company Particulars Ex Date Books Close Temerloh Bonus Issue of 1 (or 1 NYA NYA Sent os a Bonus Issue of 1 for 3 Feb 21 Mar 4 T Text Bonus Issue of 1 for 4 NYA NYA MUM Rights Issue of 1 for 1 NYA NYA #*2.0085 words
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Article279 1980-02-13 11 Date Li «t Fall Yc mr Cempaay yy j r Wl#fl tini Net EPS Greas Pre-tax last year (Mate) Dir. tCJL\ Preflt /fjaaav M'wata Steel I 22/12 12.4 10.0TE (|HV> 14,803 Folex Ind 4 F 18/1 2.7 0.0 858 Nat Iron F 7/2 57.8 •17.9 37,679 F E279 words
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Article288 1980-02-13 11 CATHERINE ONG - By CATHERINE ONG PRIVATE Investment Company for Asia (Pica) SA, an international investment institution, has reported a 14.8 per cent Jump in net earnings for last year. At its recent board meeting, Pica directors reported a net profit of U552.55 million. This compares with the288 words
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Article55 1980-02-13 11 THE Development Bank of Singapore has informed the Stock Exchange of Singapore that Raffles Holdings (Pte), parent company of Raffles City Pte, has ceased to be a subsidiary of the bank. The subsidiary was incorporated on April 11 with an authorised capital of (25,000 and55 words
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Article285 1980-02-13 11 LINGUI Development Berhad, the newly restructured oil palm group which recently came under the wings of two Johore-based companies, Fantak Realty and Tak Properties, has reported a pre-tax profit of $9,000 for the six months ended Dec 31,1979. But net profit was much higher at $3,834 million, due285 words
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506 1980-02-13 11 m ■§S I08CL». by HOCK LOCK SIEW TAKEOVER bids are again in fashion. Agreed mergers and acquisitions, of course, have always been with us: they are part and parcel of the natural evolution of industry. But in the last two years, with the market onby HOCK LOCK SIEW - 506 words
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25 1980-02-13 11 AGM to be held at No 21 t 23 Jalan Hussein, Ipoh, Perak at 11.45 am on March 22.25 words
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Article20 1980-02-13 11 AGM to be held at Shipyard, Admiralty Road East, Sembawang, Singapore at 9.30 am on May 27.20 words
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Article23 1980-02-13 11 EOGM to be held at 12th Floor, Fitzpatrick's Building, 86 Jalan Chulan, Kuala Lumpur at 11am on Feb 22.23 words
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Article26 1980-02-13 11 AGM to be held at No 22 (Upper Floor of No 20), Jalan Gelanggang, Malacca at 12 noon on Feb 27.26 words
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Page 11 Advertisements
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Advertisement43 1980-02-13 11 OFfDER FORM Mr/Mrs/Miss. Add ran. To: Federal Publications 1, New Industrie! Road, Singapore 1953. Yes, I would like copy/copies of The Edward de Bono Think Shrink. I enclose in full payment (all checks, money/postal orders made payable to Federal Publications (S) Pte Ltd).43 words
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758 1980-02-13 12 BIBIANA CHOO - By BIBIANA CHOO THE PRICES of rubber and sugar have soared to new highs as investors in search of safe assets turned their attention away from gold. Major investors who are searching for safe and tangible assets in the face of apparently758 words
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Article, Illustration36 1980-02-13 12 UPI PaleatfaM UkentfM Orgintoatten leader Ymnt Arafat (left) to sen aert U llmrl »Mtw«ary eefehrattoM if the revetittaa agaiaat the Bhah. President Abahanai Baal fladr (seeead tram right) reviews the military mareh pin. UPIUPI - 36 words
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152 1980-02-13 12 UNITED Industrial Corporation (UIC) has officially appointed Morgan Grenfell (Asia) Ltd as independent adviser to its shareholders on the takeover offer by United Industrial Overseas Holdings (UIOH). The announcement, dated two days ago, came barely a week after UIC chairman, Mr Lee Kim Yew,152 words
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Article63 1980-02-13 12 THE Australian government yesterday lifted a ban on the sale to the Soviet Union of a strategic mineral used in the manufacture of missiles. Trade and Resources Minister Doug Anthony announced that rutile and other Australian raw materials with potential strategic value could be exported to the Soviet63 words
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Article, Illustration317 1980-02-13 12 MARGARET THOMAS - By MARGARET THOMAS AMERICA has ended its period of drift and is committed to being an AsiaPacific power, Mr Richard Holbrooke, US Assistant Secretary of State for East Asian and Pacific Affairs, said yesterday. Speaking at the end of a three-day meeting317 words
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Article187 1980-02-13 12 UPI AS MANY as half of British Leyland's 90,000 hourly workers at car plants across England will be laid off temporarily because of dwindling car sales, the company says. BL's managing director Ray Horrocks predicted the layoffs in a letter to the national officer of the TransportUPI - 187 words
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Article734 1980-02-13 12 LONDON, Tues. Government bonds and golds closed lower while equities were mixed, dealers said. At 3 pm, the FT index was down 0.3 at 419.6. News that BL m*mmi workers had voted to reject a company pay offer left government bonds with closing losses ranging to Vi point.734 words
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270 1980-02-13 12 BRITISH Airways and Singapore Airlines will continue to offer Joint Concorde services between Singapore and London even though heavy losses are expected from the service. This decision was made yesterday at the end of tour days of talks between officials of the270 words
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Article75 1980-02-13 12 MOTORISTS should till up their petrol tanks in advance of this weekend as most stations will be closed on Saturday and Monday for the Qilnrse New Year holidays, a The Federation of Petroleum Dealers' Association, which has about SO petrol stations members, suggested the dates. Most75 words
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Article189 1980-02-13 12 Reuter THE British government should encourage Japanese motor companies to set up plants in Britain to help revitalise the British car industry, <• government advisory body said yesterday. The National Economic Development 'Council (NEDC) said in a report that such Japanese inward investment mightReuter - 189 words
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173 1980-02-13 12 UPI US ADMIRAL Robert Long, Commander-in-Chief of US forces in the Pacific and India «t OCCUnS, JTfStfl day aid naval forces were being reorganised and bases sought for a long term American presence on the oil routes from the Middle East Speaking atUPI - 173 words
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421 1980-02-13 12 Reuter THE European Common Market's 1980 growth rate could fall weD below the gloomy 2 per cent forecast only two months ago, EEC Commission President Roy Jenkins said yesterday. In a speech prepared for delivery to the European Parliament, he said theReuter - 421 words
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Article, Illustration203 1980-02-13 12 MR LEE Hee Seng, executive director of the Overseas Union Bank (OUB# has been appointed a member of the Public Service Commission (PSC) for five years. The appointment, effective yesterday, puts the number of PSC members to seven. The PSC can hsve a total number203 words
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Page 12 Advertisements
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Advertisement421 1980-02-13 12 APPRECIATION We wish to place on record our very deep appreciation and sincere thanks to: UNITED INDIA INSURANCE CO. LTD. SUITE 526-529 COLOMBO COURT. STH FLOOR SINGAPORE 0617 TEL. NO: *****1 ***** for the prompt and speedy settlement in record time of our claim of 554.09 million for the textile421 words
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Advertisement78 1980-02-13 12 U5525,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 17th February 198>_ THE SANWA BANK, LIMITED (Singapore Branch) L In accordance with the provisions of the Certificates, notice is hereby given that for the initial six months interest period from 14th Febmary, 1980 to 14th August, 1980, the Certificate78 words
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Page 12 Miscellaneous
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Miscellaneous57 1980-02-13 12 ;WEftT:HER Windy with showers in a few places from late morning. Utmmi far 24 kmn prtor to Ml m Ptofc 12 at the alrpsrt. Maximum temperature 31.9 Associated humidity 65 Minimum temperature 23.4 Associated humidity 97 Hours of sunshine...: 8.30 Rainfall in millimetres Nil Total rainfall for the month 50.257 words
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SHIPPING TIMES
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PORTSIDES
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Article66 1980-02-13 13 UPI THE British luxury liner Queen Elizabeth n arrived in Yokohama port on her round-the-world cruise yesterday with about 1,600 passengers. It was the fifth call at Yokohama, near Tokyo, by the 67,140-ton liner. The QE n is scheduled to leave for Hongkong and Manila today. It isUPI - 66 words
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Article59 1980-02-13 13 Reuter ALL cargo movements in and out of the port of Vancouver have been halted by a walkout by longshoremen. A spokesman for the International Longshoremen's and Warehousemen's Union said the stoppage was caused by a "jurisdictional dispute" between the union and management. Union and management officials areReuter - 59 words
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Article115 1980-02-13 13 AFP ABOUT 3,400 shipbuilding workers at Sasebo Heavy Industries in Japan returned to work yesterday at the end of an 11-day strike amid signs of the management making a major concession in the long labour dispute. Management agreed to major concessions on various issues including payment ofAFP - 115 words
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593 1980-02-13 13 RAHIM KASSIM - By RAHIM KASSIM SHIPPERS in Singapore who are facing difficulties in moving containers to West Asian ports will have to wait for at least a fortnight before they can be certain of tonnage availability. Their fate rests on the decisions to be593 words
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Article584 1980-02-13 13 SMpplag Liae Page Cal fTMiihij Page CM Adriatic IV 5 EAC Lines II 4/5 Afea VI 3 East Malaysia VI 4 Alfred CTS IV 5 Egyptian Int vm 1 All trans VI 2 Eilat VI 5 Alpac VI 5 EH ma III 4/5 Angkutan VI 4 Everett584 words
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Article, Illustration182 1980-02-13 14 THE PORT of Singapore Authority has contracted a local firm to supply two hydrographic survey launches for about $1 million. Seaconstruct Pte Ltd will deliver the boats in June/July. They will be the first of the authority's vessels to be constructed entirely in aluminium for of182 words
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Article306 1980-02-13 14 MORE "mobile jack-up" offshore drilling rigs were ordered in 1979 than in any other year in history, according to Offshore Rig Data Services' recentlyreleased annual summary of the off-shore rig market. The Houston-based offshore oil and gas consulting company reported that 59 orders for jack-up units306 words
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Article1029 1980-02-13 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following1,029 words
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Article1474 1980-02-13 14 MARKET opened on Monday on a (airly active note with cargoes of grain fixed from the US Gulf to Antwerp/ Hamburg range at US$l6 fio for March and from Northern Range to Constanza at $26 fiq for Feb also from US gulf to Varna or Bourgas at $35.251,474 words
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899 1980-02-13 15 FT THE mysterious disappearance of the Monrovia-regis-tered supertanker Salem and its £25 million cargo of oil has demonstrated again the difficulties in prosecution of international maritime offences, particularly those committed by vessels flying flags of convenience. The Liberian Marine Safety Office is conducting aFT - 899 words
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Article, Illustration183 1980-02-13 15 SING MARINE SHIPYARD, a sabsidiary sf the Keppel Greap of cempaaies, recently delivered tke seceadef three coastal cargo vessels to a Papa» New Galaea WW. Tke pregen tattoo st the IM-grt Moialo toltowed tkat of tke Umkti which was delivered la 1918.183 words
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243 1980-02-13 15 LLOYD'S Register of Shipping has approved the design and surveyed the construction of two lock-out submersible», SM 358 and SM 360, for classification as 100 A Manned Submersible Craft. The vessels are designed and manufactured by Comex Industries, Marseilles. LR's Offshore Services Group in243 words
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Article, Illustration530 1980-02-13 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Golden Eastern (0600 after Khulna) 22 Golden Summer (0600) 25 Hai Men (2100) 44 Hasso Maru (Tanker) (0700 after Poly Sebelas P/O Subject Gas Free) 16 Hoegh Pilot (0830 after Strathmay) 35/36 Iweri (after Tow Trader hauls) 28 Jastarnia Bor (1830) 47530 words
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3464 1980-02-13 19 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for Ports around tire World The list below tabulates, by port of destination, the name of the snip, the shipping line involved and the estimated dates of arrival and departure from the Port3,464 words
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841 1980-02-13 20 AFP A FIRMER undertone developed on the freight market last week following the US dockers' decision to lift their four-week ban on loading cereals for the Soviet Union, plus the fact that the Russians themselves may buy a substantial tonnage of grain from Argentina.AFP - 841 words
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632 1980-02-13 20 Seatrade IT APPEARS that a war of nerves between European owners and the Chinese dry bulk charterers initiated in the middle of December, is now coming to an end with the capitulation of the owners. In the words of one London broker, theSeatrade - 632 words
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437 1980-02-13 20 AP THE Taiwanese ore carrier Lee Wtuig On, which capsized off the northern B.C. Coast on Christmas Day, killing 30 persons, was not inspected by port authorities before it was loaded with its iron-ore-pellet cargo. Mr Gqy thorn peon, a port warden saidAP - 437 words
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Article194 1980-02-13 20 Reuter LAID up merchant ship tonnage worldwide was hardly changed in December at 411 vessels of 11.06 million dwt against 426 vessels of 11.65 million dwt at end-Novem-ber, the General Council of British Shipping said. December's total comprised 91 tankers of 8.43 million dwt against 96 of 8.88Reuter - 194 words
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Article117 1980-02-13 20 OFFSHORE SMttHOMt Ate Feb 26-29, 1980, Sbigapore. Contact: Offshore SEA, 6-E Mt Sophia, Singapore 0823. Oetmhp International 'Si CMtonee ami RiMkt tlen March 2-7, 19», Brighton, UK. Petroleum Geology of the Continental Shelf of Northwest Europe March 44, 1980, London. An international conference organised by the Institute of117 words
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Article1413 1980-02-13 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A B Adriatic Ctateber Container Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Alfred C. Teepfer Intermodal (S)/ Marintex Enterprise (PK). Alfred C. Itepfer BeMffahrt New1,413 words
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Page 13 Advertisements
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Advertisement286 1980-02-13 13 i:\vivtt l ines POt THt MOST MIQUIMT SAILIHCS TO lANWOK HON—ONO JAPAN PUSAM. Corpn. t/A \RI)1\! W I \H m Orient Overseas Co*Uai*teA Line FULLY CONT MOUSED SERVICE TO EUROPE (VU SUEZ) FitMt Htwg WMV 5/3 7/3 10/3 8/3 11/3 15/3 16/3 18/3 22/3 21/3 23/3 27/3 31/3 2/4 «/4286 words
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Advertisement316 1980-02-13 13 Ml SEA LORD U| lis antai i H UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF J WEEKLY MULTI-PURPOSE SERVICES S pore J Loading for FULLY CONTAINERISED SERVICE NAVIGATOR Al NATTY AH V.4 JEttL All V.6 m Dubai (14/3). Dammam (16/3). Kuwait (18/3). Abu Dhabi (20/3). Bahrain (22/3). Nhna Qaboos316 words
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Advertisement133 1980-02-13 13 NOL NEPTUNE ORIENT LINES LTD FAR EAST EUROPE EULLY CONTAINERISED SERVICE 0. CNEF+ 14/2 15/2 2/3 3/3 5/3 7/3 w comma.. i«/z 19/2 7/3 9/3 11/r 11/3 12/3 C. CONTMO... 24/2 25/2 14/3 15/3 19/3 lt/3 21/3 S.S. MDGE.. 21/2 1/3 19/3 21/3 23/3* 23/3 24/3 H CORN. 9/3 19/3133 words
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Advertisement618 1980-02-13 13 CONFRE-ASIA PTE. LTD. MONTHLY TUG MO MMP BARGE SERVICES. BINTULU SARAWAK TARAKAN KALIMANTAN (OTHER PORTS ON INDUCEMENT) ENQUIRIES: TEL. *****M/9 TELEX. RS ***** CONKAB. mm CONTAINER Scbedales SHIPS la Part SHIPPING list WEEKLY Freights REGIONAL Weather WHO Acts Far Wham MAERSK LINE ki u EX m era Lmiu Ol */3618 words
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Page 14 Advertisements
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Advertisement589 1980-02-13 14 LEO SHIPPING PTE LTD SINGAPORE PERNAS-MtSC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG M7/7i MALAYSIAN NTERNATIONAL SHPHNG CORPORATION BERHAD CdHtikw Sennet To Eire* Feeder *P Kelang Vessel S pore 1) Mseilles 2) Rdam 3) H burg 4) Gburg HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 Fran Eire* 1) G'burg589 words
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Advertisement242 1980-02-13 14 B|s SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA 23/3 10/3 Vb hh) FQ Ctataari mtf 1/4 16/4 20/5 2/5 4/4 19/4 23/5 4/5 9/4 24/4 27/5 9/5 Ma acc*M( CartaMn to CMMEM I t«U VESSELS KXTM IT KS IBM SINGAPORE CALIFORNIA EXPRESS CONTAINER SERVICE ONLY242 words
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Page 15 Advertisements
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Advertisement739 1980-02-13 15 Overseas B B Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COWTWCBW SERWCE TO UR/CONTKMT: Lntipad Bay Tafcyaßay Cardgsi lay Tata Eipress cay 1 tMagA Eft* Mm S'pn 'Jiiant ft Part ft Pert II Feb 21 Fob Contanersttp Service To/From Banffcofc Sarawak739 words
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Advertisement332 1980-02-13 15 Franco Belcjicin Services <h ,r h.ii Fr.nc'i sorrier iritr. li, Far F.asu m J.xr.c SfUPW P. ROMS Li Hm 14 FA UFA 1 Mb IIFA MM 7 MB MM »FA 14MB 2SFA 1 Mar If Hr t'taa KWi Mm A'wp rtaa Htaf tai Cwp UHnr* PJUAat S>m 2Mto (Ma 7Ha332 words
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Page 16 Advertisements
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Advertisement635 1980-02-13 16 Hapag-Uoyd RUT CONTMNDWD TO BMK Tata Emu »T C—■!» ■nhi Eipma Mm Mm HMfkaag Eureu expkss comomoMi to bmk t"" HW| hM MM Antwerp w 2 «/3 25/3 21/3 4/4 2/4 30/3 28/3 jT**?. V>Jl »/3 30/3 28/3 25/3 23/3 Man 11/3 13/3 16/3 6/4 16/4 14/4 11/4 9/4 nur635 words
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Advertisement566 1980-02-13 16 MEGA 145W L. IT* E KOREA SHIPPING CORPN f. Mm VE6A 146E STORE 11/12 Fab 10/12 Ftb TO ILJMim 6/9 Mar 10/13 Mar FM BUSAH ALTAR 150E 6/9 Mar 10/13 Mar TO BUSAN PENANG CALL SUBJECT MOUCEMENT ac ac tsc use tsc ac ac ac ac ac ac ac ac566 words
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Advertisement239 1980-02-13 16 EVERGREEN LINE T »AR I AST {UROPt XPRfSS Hill CONTAINER SiRV.M-1 1 f UROPE fAR MS! fXPRISS Hill CONTAINER SiRVICF FAR EAST/RED SEA MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE 1 TAIWAN SOU THE AST ASIA FUll CONTAINfR SERVICE CMaffkat M m Tim HI Mi IVf 4FA SU IM- 14 FA239 words
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Advertisement816 1980-02-13 16 I y > I s i 4 f c Everett Lines Banna Five Star Sliippii Carp*. 'BURMESE NATIONAL LINE" LOMXNG FOR RANGOON 14/14 Fafc IVUU 1/4 Mr 8 FSSC Agtnti n Mokinn TEPS MALAYSIA Port K along Tel (381-7355 Panortg T«l *****/***** CcmpMM ArfMtiM Da HliwiMCiii latarcMtMMtal S. A. C.I.816 words
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Advertisement413 1980-02-13 16 y A A A K 'A 'A 'a y J s i tao.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE P. Mmi Stamp* Lnfcthr »/»M w/iTftfc STD, it, M*L 21/23 Mm 11/21 Mar MB, STD, MEL 1/3 Apr 4/5 Apr REM. MQ BANGLADESH SERVICE 11/22 Fit CMTTAGONG. CHMJM413 words
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Page 17 Advertisements
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Advertisement460 1980-02-13 17 fSw PIL GROUP EAST AFRICA/REOSEA SERVICE EXPRESS REGULAR CONTAINER SERVICE TO/FROM JEDDAH, EUROPE CONTHENT ft UK WSCHWOW6 FROM:- WESTBOUND LOADW6 FOK:£T» STOK ASSAM GREAFICSS lE/SO 24 Feb ASEAN NATIONS S/M IS Mar ASM* inn X/M 7 Apr ASJW MSSION 4E/80 Ma; ETA STOK ASUN MBSION 2W/M 17 F«b ASEAN OKATICSS460 words
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Advertisement142 1980-02-13 17 g SOON SENG GROUP Refular Service To East M'sia FONG SIAN6 Voy 102 FONG SOON Voy 202 FONG SIANG Voy 103 PORT lUIANG P Wang Spore In Port 9 Feb 24 Feb P Gudang loading tor Kudang/Sbu KK/Slan Kudmc/Sfcu 89 man Wilson Tfi <« M>3o 18 .">6O Vi Soc Sfi(142 words
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Advertisement817 1980-02-13 17 jnrJ BEN LINE __J CONTAINERS CJPKU coma MS TO/fMM Spatt P I*l rniemmi, kM vi U/2 It/2 11/3 IVI IV! I/i a/j MmlMwi Fraact M ILK vi vi vi i/i v) M/l U/1 IVI IVI 1/1 ivi Wi m wj n/j a/3 a/i a/3 n/i a/i a/i iv 3 a/i817 words
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Advertisement197 1980-02-13 17 u*M n MMM ss ia? Mia i fSn/n M £?/i Nedlloyd Lines fT" fT:«rT(mTTFTrrt'.'nTn m 1 11 U s AFRICA LOADING FOR WMt IB SO*«* IM 1/11 18. SOfiflt+fe •mu/u Br it/v Bin *ipi in «w+ 11/11 14/17 *lM*| MNI I* mtt I bm mi "fen. mm. +CB >■**. *CB197 words
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Advertisement464 1980-02-13 17 vr BOUSTEAD SHIPP,NG AGE NCIFS THE BANK I INE LTD LOADS FOR E. A S. AFRICA rm Mr r I YKF S OKIE NT LINE U.S. OULF COAST SERVKE (New (Mum, HoMb, Houston, 6a»v«ton) UMK LYRES <4bdl*to*)-. 24/r7FM 7to LETT!* LYRES (Mi) 24/2* FA > Z (DEWf LYRES (4K* I464 words
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Page 18 Advertisements
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Advertisement880 1980-02-13 18 t 8 K line KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA FEEKR VCSStLS* ft 9 MOTW* I*° U W c.m* Ace 16N Pert 17/2 Hmtnu Max 4/3 14/3 Mum Mm 14/J 20/3 Rm taw? Hani 4/3 21/3 Btm, Trader ICM 17/? 20/2 Mm Gate Bn*e 7/3 17/3 l»/3 It/3 bw880 words
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Advertisement426 1980-02-13 18 E.C./CKAT LAKES SERVICE iommc FQR: mm NOVOiI MORIKH. TORONTO UHTARUU CALIFOftMA/PACFIC NORTH WEST SERVICE l«p*t frr lOS AMSLfS SAN FtMCSCO SOTTU. TACOMA. rWCOWI »C EXPRESS CONTAINER/CONVENTIONAL/ REEFER SERVICE AUSTRALIA EXPRESS CONTAINER SERVICE NEW ZEALAND SERVICE TOBWft iMlktU asm imm an* CMID i irmna*. kllktor wcximb Pen** P Mar* Smtapore PKei*n(426 words
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Advertisement757 1980-02-13 18 S Adrouijl SINGAPORE SHIPPING AGENCIES PTE LTD ,'o'" 'IO'JM lAN BJUC VG S NGAPOUE VABM S <i M V GINfAAi. 9»lMi 4 SfS. Tt '1' aS as •■>S66 B C4BSmi». *H t CA«GOSMiP 111 ltc«|i<Ninl CuiilniniT Lilies WEEKLY CONTAINER SERVICE to/frorr- BANGKOK »0T STOM (MM) C* taTt/13 Fak niM 20/21757 words
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Advertisement658 1980-02-13 18 $s u urm ORANARD LIME INDEPENDENT ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ACCEPTING CONTAINER CARGO FCL ONLY FOR PORT SAID. ALEXANDRIA. BEIRUT. LATTAKJA. UMASSOL. ISTANBUL 6 PIRAEUS Specially engaged agents A siewdorrs providing immediate discharge •MVMMCM no VJM ifti JM I Part SaM. MtiMto* hM. MV. HM OCONB VJ7V |Mr MVMMFW6658 words
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Advertisement478 1980-02-13 18 REGULAR INDEPENDENT SEMI/FULL TQEUROPE I 14 Fab hSr* mSt3,£(A PBIBM7O 11 Fab MPart NANTES/VI (AVON) olywa wnaMIMRMONY M7l 2 Mar ROTTERDAM/ANTNERP town™ isikr uMv SSmmuwK Sappara MTRASEA (TO) LTD 235*11 BOOMK fIHW «.uwpw- goafwc > mow 6 mm, mm mm N MIMJH_ mm MB *****4.*****/2 ALPAC LINE •OUTB ATKICA IKK478 words
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Page 19 Advertisements
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Advertisement170 1980-02-13 19 TRUCONTAINER EXPRESS INTERNATIONAL (S) WE LTD Suites 1311/1312, Shaw Towers, Beach Rd, Singapore 0718 Regular Container Service accepting FCL/LCL Cargo for I JNmr Zealand Auckland, i Wellington, Lyttleton, Dunedin Austral* Sydney, Melbourne, Brisbane. Adelaide, Sri Lanka Colombo j Europe and UJ(. Call *****81 jp 111 Container leasing services; ICCU CONTAINER170 words
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Advertisement274 1980-02-13 19 GARWARE SHIPPING CORPN. LTD. FPU BOBAY SMGAPORE P KELANG RISHIVALMKI 20/22 FEB (MMN FIAG-IMLT 1911) RISHI VtSHWAMTRA 19/21 MAR (NMN FIM-MLT 1971) fcl contmos kcannßU. SHGAPORE. STRAUS SMP SERVICES (PTE) LTD., TEL: *****61/2, *****98 P. KELANG: PSD SHPPM6 SON. BHD., TEL: *****1-5 HEAP SENG TRADING SHIPPING PTE. LTD. 1201. 12th274 words
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Advertisement183 1980-02-13 19 W: rV PERKAPALAN LAUTAN BIRU ReQular Service to East Malaysia Vsa Sealion Shipping iM) SC' l Bhd Port Klang Tel 38 7754 38 7479 38 9851 Teio* WA ***** S pore Gaya Ocean Shipping Pte Ltd Tel *****10 2950'4h Teie» RS ***** i ANHSING OVERSEAS LINE REGULAR SEMCONTUEt/LKI SERYICf UMON183 words
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Advertisement231 1980-02-13 19 NOTICES FAR EASTERN FREIGHT COHERENCE SABAM, BRUNEI AND SARAWAK FREIGHT CONFERENCE NOTICE TO SHIPPERS Port Congestion BengHozi (Libya) Reference is mode to the notice in the Press on Friday, 28th September, 1979. The member lines of the above conference have advised of further deterioration in potf conditions at Benghazi causing231 words
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Page 20 Advertisements
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Advertisement127 1980-02-13 20 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG EGYPT ALEXANDRIA SINGAPORE HE U Fib 10 Feb 29 PYRMDS U Mar 3 Mar 19 I SGINIS I H SHIPPING PTE LTD Hi .Vi'44! 1 MN(,*POm 'I i RS?10! S(JB AGf N'S HS H M SDN BHD If I 4860*3 186(1?: *1 3869% P*127 words
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Advertisement187 1980-02-13 20 ZIK INTERNATIONAL FREIGHTWAYS PTE LTD 1 tG/N'S STOSI fIK imflWtriOMl fkfIGHTMrS PTf iro M« s- IJHAS »l*n CI*PN SON BH UNITED FORTUNE SHIPPING PTE LTD III: *****3, *****0, *****07, Eta Etd Loading for. A VESSEL 20/2 Stays. TWG HO I 25/2 Banfarmasin/Sirabaya NUGAXXVI 5/2 11/2 T(. Priofc Mk ft. CYS187 words
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Page 20 Miscellaneous
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Miscellaneous171 1980-02-13 20 T .xx->: xxx x':'x-x xvx-xx :<mm Mi: X;:/-X Si* s*: ■»S x x. x x. >>•- y-y--m m i :W: A WO5 V u ■w a WO2 7 WO3 Awos W &> ti ■'v. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: Centre of Tropical Depression, Hi—i171 words
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