The Business Times, 14 February 1980

Microfilm: NL10472
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C4P) No. llt/l/M THURSDAY, FEBRUARY 14, lIM 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Commodity craze
      94 1 Reuter LONDON, Wed. Speculators rushed to buy rubber, copper, sugar and other raw materials today and sent prices to record levels as the latest craze commodity buying took firmer hold on world markets. "First they fled from paper money to gold. Now they are fleeing to commodities," commented
      Reuter  -  94 words
    • Article
      Lock icon HK rent bill
      57 1 Reuter HONGKONG, Wed. The Landlord and Tenant (Consolidation) (Amendment) Bill 1980 which seeks to extend rent control to all domestic premises, was passed into law with some minor amendment in the Legislative Council. The legislation will take effect retroactively from Dec 18, 1979 and the controls will
      Reuter  -  57 words
    • Article
      Lock icon Tin meeting
      73 1 AP BANGKOK, Wed. Seven tin-producing countries today met in a northern province capital to find measures against the US tin sales in the world market, a spokesman for the Mineral Resources Department said. The spokesman said the countries are afraid the US tin sales will lower the tin
      AP  -  73 words
    • Article
      Lock icon Discount rate may rise
      62 1 AFP TOKYO, Wed. Mr Haruo Maekawa, governor of the Bank of Japan today indicated the central bank may soon raise the official discount rate in a bid to quell growing inflationary pressure. Speaking at a meeting of the House of Councillors Budget Committee, Mr Maekawa said
      AFP  -  62 words
    • Article
      Lock icon Consumer prices in OECD
      37 1 UPI PARIS, Wed. Consumer prices in the 24 countries of the Organisation for Economic Cooperation and Development (OECD) rose 0.9 per cent in December 1979, up from 0.7 per cent in November. UPI
      UPI  -  37 words
    • Article
      Lock icon Gold up slightly
      59 1 AP Reuter LONDON, Wed. The afternoon gold fixing here today of U*****.75 a troy ounce was up from the $696.50 morning fix, and up from yesterday's $694.50 afternoon fixing. In HONGKONG, the international gold price closed at US$694/696 an ounce, slightly below the previous finish of $707/712
      AP; Reuter  -  59 words
    • Article
      Lock icon Dow Jones
      108 1 AP NEW YORK, Wed. The stock market rose sharply this morning, lifting the Dow Jones industrial average above the 900 level for the first time since the fall of 1978. The average of 30 blue chips climbed 6.91 points to 905.89 in the first half hour. Gainers outnumbered
      AP  -  108 words
  • Article
    Chief Price Changes
    143 1 Rises Indices Ayer Hitam Tin Sungei Besi D Keramat 1530 1380 1230 70 80 80 B.T. Index: Feb 12 Feb 13 3969.50 4065.36 M Banking 910 50 Industrials: 470.67 473.42 lack Kenneth 1380 40 Finance: 846.59 857.07 Utd Malacca 875 35 Hotels: 418.94 419.21 High A Low
    143 words
  • Article, Illustration
    KUALA LUMPUR
    178 1 Rises Indices Castlefield 2750 +150 Feb 12 Feb 13 S Kinta 1250 70 B.T. Index: Tronoh 1360 +60 6230.75 6426.65 Malayan (T) 3000 +50 Industrials: 514.20 518.15 Kg Lanjut 392 +44 Finance: 747.26 719.59 A Ami 860 40 Hotels: 327.15 327.40 L Perak 470 +30 Properties: 370.10 375.36
    178 words
  • Article, Illustration
    Chong Gay faces injunction
    514 1  -  NO STRATA TITLES YET By TEO TECK WENG SEVERAL owners of shops and offices at a commercial complex in Beach Road, angered by what they term an exploitation of their properties, have come together to block a move by the building's developer to obtain further mortgage
    514 words
  • Article
    Kempas results
    137 1 SIME Darby's Kempas group of subsidiary companies yesterday announced their latest interim results for the six months to Dec 31, 1979, with the largest earnings increase reported by 36 per cent owned Benta Plantations. On a 25.8 per cent increase in turnover to $18.43 million, Benta's pre-tax profits
    137 words
  • Article
    H. Leong offering travellers cheques
    399 1 HONG LEONG Finance is fast diversifying its activities into a broader spectrum of consumer requirements. The latest development involves its becoming agent for Bank of America and Thomas Cook travellers cheques. Besides being the first local finance company to participate in the lucrative travellers cheque
    399 words
  • Article
    Processing credit limits
    236 1 THE Export Credit Insurance Corporation of Singapore (ECICS) will use its computerised data bank to do automatic processing of customers' applications (or credit limits. This will, however, be restricted to simple credit limits of up to $20,000. The advantage of computerised processing is that a foreign buyer's
    236 words
  • Article
    Singapore to London Concorde fare up 25 pc
    255 1 THK Htegapmlislia Cwwrii ten hn iteea ky *>»»> U per eeat (rem $1,748 wttktm the The Wot mere b em laereaee te Ike Cemtetĕe aarekarge the pereeatmge ■Mitt— «here the Bret (ha ten treat m per mat te II per Mat effective
    255 words
  • Article
    Sisir move will benefit plastics industry
    309 1  -  B» JOHN LIM THE plastics industry is likely to be the immediate beneficiary of an agreement which the Singapore Institute of Standards and Industrial Research (Sisir) is expected to sign with a British consultancy body. This agreement, expected to be signed soon, is in
    309 words
  • Article
    Rubber at new highs
    114 1 THE Kuala Lumpur and Singapore rubber markets reached new highs yesterday when prices shot past the $4 barrier. The natural rubber price dosed at a record price of 412 cents per kilo sellers and 410 cents buyers for RSS March 1 in Kuala Lumpur. This surged
    114 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      4 1 lift A IWSI SHIRTS
      4 words
    • Advertisement
      Page 1 Advertisements Column 2
      68 1 EXCLUSIVE JOINT VENTURE OPPORTUNITY Hettinga Equipment, Incorporated offers their technology and equipment for STRUCTURAL THERMOPLASTIC CELLULAR MOLDING for joint venture or licensees. Process has proven itself to combine and bridge the functions of woodworking, stamping, metal casting, plastic injection and metal fabricating. Proven applications in automotive, computer, hardware, home electronics,
      68 words
    • Advertisement
      Page 1 Advertisements Column 3
      56 1 i wiw-fm t SHIPPING TIMES tm *k A KAWASAKI to MM fifcn dwk TIME far r 1 —stock* to torSenfcftWMgBUpyu* X take a breather? 11 WINTEB (Hyplw: ipaflfe to SAN BaMtogs eharto reway leetoekey I pato U HOW fltofßpm Hum nmrf AlßTßilf I jy |IN p JinWl U<M||»|||H WHEBE TO
      56 words
    • Advertisement
      Page 1 Advertisements Column 4
      106 1 !`$`'.;:^@@](>`'/].}*{_=-<)-(%! mericaya TOKYO SINGAPORE Americaya Premier Ground Floor Pia? Sin-jap Orchard Road Sing;*!* iro '4 Am erica a (Jrrhard 1-2. (.round J lour !,m v i Orchard Road. Siiit>,i;Kirii'» 1.-i 2<'hc ifeV- >' I a v r V sr M WMzm lir|fe V-*; Wi Take a shoe. Feel its leather.
      106 words
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  • TRADE AND INDUSTRY
    • Article
      Malaysian software orders for Singapore company
      222 2 ASIAN Computer Services (ACS), a local computer bureau, has secured two contracts in Malaysia three more in the coming months to install software packages for major institutions in the region. Two that have been installed are packages for Malayan Banking in Kuala Lumpur and
      222 words
    • Article
      Nissan gift to VITB
      55 2 NISSAN Motors, through its local agent, Tan Chong and Sons Motor Co (S), is donating motor vehicle training equipment worth $70,000 to the Vocational and Industrial Training Board (VTTB). Mr Jackson Lee, managing director of Tan Chong Singapore will present the equipment to Mr Lim Jit
      55 words
    • Article, Illustration
      Kawasaki to build $45 m dock for Sembawang
      390 2 THE STATE-owned Sembawang Shipyard has awarded a $45 million contract to Kawasaki Heavy Industries of Japan for the construction of a 150,000-dwt Mating dock. Kawasaki's president, Mr Z. Umeda, and its director, Mr H. Kametani, flew into Singapore last Sunday for the
      390 words
    • Article
      Famous maths professor coming in June
      201 2 PROFESSOR Chern Shiing Shern, a world famous mathematician will be visiting Singapore from June 23 to 28 to give a public lecture and seminar. Professor Chern, who is from the University of California in Berkeley, is an important contributor to the state of modern
      201 words
    • Article
      Singapore Experience
      67 2 TOURISfS will not* be left with nothing to do during the Chinese New Year weekend. The promoters of the Singapore Experience say seven showings will be held daily from noon to 6pm from Feb 16 to 18. Also, with the Instant Asia Cultural Show dosed on Chinese New
      67 words
    • Article
      Good business outlook for first quarter of this year
      269 2 MAJOR INDICATORS point towards an improvement in business performance in Singapore in the first quarter of this year compared to the last three months of 1979. This was the opinion given by the majority of the 345 industrialists in a survey
      269 words
    • Article
      No cholera cert needed to enter Malaysia
      163 2 THE MALAYSIAN government has announced that cholera vaccinations will not be required for travellers entering the country. Included in the list of health requirements that have been lifted is the removal of smallpox vaccinations as well. This regulation is no longer required because
      163 words
    • Article
      Thai Airways bracing itself for hard times
      364 2  -  By TOM TECK SUN REFLECTING the hard times that have befallen the international air transport industry, Thai Airways International is bracing itself for a bad patch in the current financial year ending Sep 30. While confident that the airline can compete with the
      364 words
    • Article
      MEMO PAD
      702 2 COURSES AMD TALKS 4-29: Course for School Inspectors, RELC, Ministry of Education Feb 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: Computer Appreciation,
      702 words
  • SPORTS
    • Article, Illustration
      Lock icon Carry on Moscow is the IOC vote
      48 2 INTERNATIONAL Olympic Committee president Lerd Klllaaia seated iuder the Wfarier Olympics emblem dulig a press ctsfereaee at'Lske Plscftd sn Tseeday, Is wtrieh he UMoeed that all 73 members ted veted to keep the Ssmmer Games at Mssesw. AP Source: AP picture
      Source: AP picture  -  48 words
    • Article
      Lock icon Wins and upsets in ice hockey
      197 2 AP Reuter THE SOVIET Union, Czechoslovakia nod Canada scared impresfive victories while Rumania and PoJand and the US to a lesser degree recorded minor upsets on the opening day at the ice hockey competition in the 19» Winter Olympics at Lake Placid on Tuesday.
      AP; Reuter  -  197 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      57 2 Businessmen, your inroad to the Singapore Banking, Finance Insurance I f A m IS A W !K{> ■S o^> **&*s**■ .*> Vs<2s»sgSsgL °<! A ;tt. Robinson's Bookshop Basement, Clifford Centre, Collyer Quay. Tel: *****. TimesOrchardCentre Robinson's John Little's M-lOS Lucky Plata (muunM floor) Orchard Road. Tal *****71/*****18 Specialists' Centra, Orchard
      57 words
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  • REGIONAL
    • Article
      Lock icon Protected industries list gets pruned
      156 3 Reuter NEARLY 20 Philippines industries have been pruned from the government's protection list in an effort to increase production, promote efficiency and attract new capital, Economic Planning Minister Gerardo Sicat said on Tuesday. The list, started over a decade ago, denotes industries where further investments
      Reuter  -  156 words
    • Article
      Lock icon HK's clothing export up 28pc
      165 3 AFP COMPARED with 1978, Hongkong's export of manufactured clothing rose by 28 per cent with a value equivalent of US$4 billion. West Germany, Britain and the United States were the principal markets. Export of Hongkong-made textile yarn, fabrics, madeup articles and related products increased 42
      AFP  -  165 words
    • Article
      Lock icon Sudomo's advice to students
      86 3 AFP NATIONAL security chief Admiral Sudomo has called on Indonesian students to abide by the decision of Parliament which rejected their interpellation to debate the controversial government's campus policy. "I suggest that the students abide by the Parliament decision, as we all have entrusted the Parliament
      AFP  -  86 words
    • Article, Illustration
      DISCUSSION ON AFGHANISTAN
      253 3 SOVIET Foreign Minister Andrei Gromyko (right) had lengthy talks on Tuesday with Premier Indira Gandhi and other Indian leaders on the Afghan situation and they agreed to consider measures to defuse the situation in the region. An Indian official spokesman speaking after the meeting between Mrs Gandhi
      253 words
    • Article
      Lock icon Surplus balance of payments
      293 3 Reuter AUSTRALIA'S balance of payments, as measured by net official monetary movements, showed a A 5223 million surplus in January after a jsls6 million deficit in December, the Statistics Bureau reported. The surplus compares with a $107 million deficit in January 1979. The current account showed
      Reuter  -  293 words
    • Article
      Lock icon Ohira meets union chief from US
      229 3 UPI JAPANESE Prime Minister Masayosbi Ohira yesterday pledged to settle the growing car issue between Japan and the US, when he met Mr Douglas Fraser, the United Auto Workers Union (UAW) president. Mr Ohira had a 20-minute meeting with Mr Eraser, who is on
      UPI  -  229 words
    • THE REGION IN BRIEF
      • Article
        Lock icon OFFICIAL VISIT
        448 3 Agencies SOUTH Korea's Deputy Prime Minister Dr Lee Hahn-been, would pay an official two-week visit to the United States for talks with US government and business leaders on increased trade and economic cooperation. Dr Lee, who is also Economic Planning Minister is expected to discuss the possibility of
        Agencies  -  448 words
    • Article
      Lock icon Expecting slower growth
      149 3 Reuter SOUTH Korea can expect slower economic growth this year due to a weakening demand for its major exports, according to a leading American banker. Mr Leland Prussia, vicechairman of the Bank of Anferica Corporation, told a seminar in Seoul organised by the Korea-US Economic Council that
      Reuter  -  149 words
    • Article
      SUPPLEMENTARY BUDGET GOES TO UPPER HOUSE
      349 3 THE Lower House of Japan's Parliament approved a supplementary national budget totalling 1.07 trillion yen for fiscal 1979 ending next month and sent it to the Upper House for formal ratification. The budget, which will increase the original fiscal 1979 budget to 39 67
      349 words
    • Article
      Lock icon OUTLOOK FOR TOKYO ECONOMY
      128 3 Reuter A LEADING Japanese securities company, Daiwa, has painted a gloomy picture for the Japanese economy in the financial year starting in April, predicting a big slowdown in economic growth and increased inflation. Daiwa predicted in its annual economic survey that real economic growth in the
      Reuter  -  128 words
    • Article
      Lock icon Guangzhou woos foreign investors
      502 3 AFP GUANGZHOU, south China's major city, is throwing its doors wide open so that foreign investors. Hongkong and Macau businessmen may have more opportunities for joint ventures in developing its economy. "We will offer facilities and preferential terms to foreign investors so that they may make
      AFP  -  502 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      110 3 TAKE THE BUS TO BANGKOK EVERY IWAT 8.00 am. 6.50 pm. K r~s* r \r, Kft ft v S-41* > ?C X 5 r~ r —.A- 'S >0. T' "V 1 Now you can enjoy Smooth as silk service to v Bangkok twice a day onboard our remarkable A 300
      110 words
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  • RAW MATERIALS
    • Article
      Lock icon Special sugar release
      637 4 AP UPI SPURRED to action by rising world sugar prices, the executive committee of the International Sugar Organisation on Tuesday decided to release 834,755 tonnes of sugar from its special reserve. The release is effective today and only affects the world's free sugar market, now estimated at
      AP; UPI  -  637 words
    • Article
      RUBBER
      360 4 THE SINGAPORE market closed iharply higher yesterday with March One RSS buyers quoted at 406.00 cents per kilo, up 15.50 cents from Tuesday's close, dealers said. Morning prices were marked up about 13 JO cents on upcountry demand, nervous shortcovering, speculative and trade buying, they said. Afternoon prices gained
      360 words
    • Article
      RAS PRICES
      295 4 R.A.S. prices In cents per kilo yesterday: Noon Close per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f o b. 302.00 3M.00N 304.00 306.08N Int. 1 R.S.S March 403.00 404.00 4B5.00 407.00 Int. 1 R.S.S. April 415.50 417.50 420.00 422.00 Int. 2 R.S.S 367.00
      295 words
    • Article
      SSR and SMR
      105 4 NOON SSR and SMR pricaa ymt lanlay; RA8 Muck April SSR 20 is IMU) lailtrt (Forward MU) Boyera Satlara (1 -Loo pallat) 344.00 346.00N 348 00 348.00N SSR 50 O toe pallat) 341.00 343.00N 1 343.00 34S00N MRKLB Much April SMR CV <1-ton pallat) 412.00 414 00N
      105 words
    • Article
      Straits Tin
      185 4 THE Straits ttm price ta Peaaag yesterday rase Mil ta fMSI pw $231 akeve the lateraattml Tla Agreemeat ceiling, dealer* nU. Despite the eaatlaaed higher Hup ml «I tla csaceatrates by mlaers ahead ef the Chiseae New Year, farther perslsteat bayiag Cram the US aad Japaa eeatribated ta
      185 words
    • Article
      RICE
      245 4 SINGAPORE: Yesterday's closing prices in SS per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop o.*, 100 per cent second class OJ3, 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 037.
      245 words
    • Article
      Produce exchange
      156 4 CHINEBE Prsdsee Exehaage, Stagapsre, ekdag prtwjs per pleal yesterday: Clin—l all: Bulk $107 sellers, old drum $113 sellers, new drum $117 sellers. Cspra: Mixed (loose) UK/ Cont 865.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $317.50 sellers, Sarawak white fob 96% NLW $322.50 sellers. Sarawak special black
      156 words
    • Article
      PALM OIL
      136 4 THE MARKET in Kuala Lumpur moved lower yesterday as operators disposed of the balance of February position ahead of the Chinese lunar year and refiners met their needs, dealers said. In the southern region, February position was traded Ms2o lower to $1,130 per tonne, while in northern and
      136 words
    • Article
      SOYBEAN
      82 4 CBT soybean futures closed eight to 6W cents a bushel lower. Selling in several contracts by a commercial weighed on prices »at the close while commission bouses and exporters were moderate buyers late in the session. K lower than expected export inspection figure for beans and easier trends in
      82 words
    • Article
      LONDON MARKETS
      865 4 OOTRE: Robust* future* closed yesterday morning quietly steady, unchanged to £12 per tonne lower with losses in the first four positions averaging £5. Turnover was 2,00 lots, including 20 options. Dealers said the market held a narrow range in generally quiet trading that included a combination of producer
      865 words
    • Article
      CLOSING PRICES
      39 4 Rubber: Feb 13 Singapore: March: 405.00 cent* (up 15.60 cents) Malaysia: March: 410.00 cents (up 17.00 cents) Tin: M 52,181 (up $1) (equivalent to $36.06 per kilo) (up one cent) Official offering: 325 tonnes (up 46 tonnes)
      39 words
    • Article
      WHEAT
      157 4 CBT wheat futures closed seven to %V* cents a bushel lower on Tuesday. Professional selling and local long liquidation put prices on the defensive. The selling was in part a consolidation of recent gains, traders said. Fundamental weakness stemmed from Usda projections for a larger world wheat crop and
      157 words
  • ASIAN STOCKS
    • Article
      Lock icon Market firm
      642 4 TOKYO Source: DBS-Daiwa THE MARKET was firm yesterday, led mainly by high-priced and low-priced issues, reflecting strength on the New York Stock Exchange. However, investors refrained from aggressive buying, anticipating another hike in the official discount rate. Trading was light, at around 400 million shares. Pharmaceutical issues were
      Source: DBS-Daiwa  -  642 words
    • Article
      Lock icon Hongkong
      310 4 Source: SHK Sec THE MARKET yesterday tailed to break through the year's high with any conviction in spite of Tuesday's performance. Uncertainty ahead of the Legco debate yesterday afternoon on rent controls inspired some local profittaking although overseas buying of blue chips helped the index to show a gain
      Source: SHK Sec  -  310 words
    • Article
      Sydney
      273 4 MAJOR shares closed mixed yesterday as profit-taking dented Tuesday's record levels, brokers said. However, the pause is likely to be shortlived in light of spiralling world commodity prices and continuing overseas demand for Australian resource stocks. KEB 13 Cents INDUSTRIALS A C 1 ZZ3 3 A. N I. MO
      273 words
    • Article
      Bangkok
      199 4 FEB 13 Bams Ana Credit Asia Klbr* AyuUlajra In* And Trust Bangkok Investment Bangkok Bank Bangkok Drjruic And Stlo Bangkok Insurance Bangkok Metropolitan Ban— Bangkok Nylon Bonk Of AM Bank Ol Ayudhajra 151 m 173 2* «a Ml unrh unch •4 -M unrh H M mm riuroong Thai Wire
      199 words
    • Article
      Manila
      102 4 KEB 1} Peso* Arojt Mining oat unch AUu Con A Atlas Con B M 00 unch Bacuto Ootd an unch Brnfiwt Con B BK Goodrich tost rim -J M CDCP «10 unch Inco B Landoil 016 unch Lrpanto B £2 Mannduqur B -1.4 Mrralco Oriental A Oriental B 1025
      102 words
    • Article
      Selected indices
      50 4 FINANCIAL TIMK8 lNOUITUAU Tuesday. .488 J Monday 40BJ W»rt M» 447J DOW JONES AVUAGI INDU8TB1AL8 Tli«rt«y f? Mooday_ Mil WW* ago 87MS HJLHANG 8KNC W'Mln<«tat OAVM TucMiay i nun Week uo >14 flft 8TDNKY INDUSTRIALS Wcdnaaday MfJI Tuaaday ***** WMkago OIK ALL OKDINAKIBS Wednesday Tuesday... NLM Waafcaao WJI
      50 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      170 4 >» •V x f: ..i 3v as M o* o\urnn c ftun^° r the na\ froHA Jour essays 73^ f V A,S\3 n The W« w SEW V/ t r 1 4l» y f v\ w JJ LL v i v a .-s l» Are you suffering from trans-gaiactic schizophrenia?
      170 words
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  • OVERSEAS
    • Article
      Lock icon US warning for the Middle East
      414 5 UPI Reuter AMERICAN UN Ambassador Donald McHenry flew to Saudi Arabia on Tuesday on the second leg of his sevennation swing and warned the Middle East that the Soviet invasion of Afghanistan "Is directly and mainly the concern of the countries in the region."
      UPI; Reuter  -  414 words
    • WORLD IN BRIEF
      • Article
        Lock icon AVIATION CONFERENCE
        458 5 Agencies THE International Civil Aviation Organisation, a UN agency based in Montreal, opened a two-week conference on Tuesday to examine how charter air services should be coordinated with scheduled services and to look at ways of regulating international air fares. DELAWARE Governor Pierre Da Peat IV rigned a
        Agencies  -  458 words
    • Article
      Lock icon Diane provides computerised information
      297 5 Reuter THE European Common Market yesterday formally opened its own network of computerised information, giving immediate access to scientific and technical data throughout the community. Use of the new system requires only a telephone, a terminal which looks like a television screen with a typewriter keyboard,
      Reuter  -  297 words
    • Article
      Lock icon Output rose in Nov
      145 5 Reuter INDUSTRIAL production in the European Common Market rose 1.4 per cent in November last year after a drop in October of 0.5 per cent, the EEC's Statistics Bureau said. This brought the seasonally adjusted industrial production index, base 1975, to 119.1 or 4.5 per cent
      Reuter  -  145 words
    • Article, Illustration
      Lock icon Call for meeting on North-South ties
      627 5 Reuter AN international commission headed by former West German Chancellor Willy Brandt has called for a world summit to draft guidelines for cooperation between Industrialised and developing nations. The summit, limited to about 25 participants, would concentrate on working out an emergency plan for
      Reuter; Source: UPI  -  627 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      714 5 ARRIVALS Service Local Operator Number Tine From 1 PAA GIA MAS SIA GIA QAL SIA PAL SIA RBA GIA SIA MAS THAI CPA MAS SIA SIA GIA SIA CAL SIA SIA GU SIA MAS JAL SIA SIA MAS MAS GIA UTA SIA SIA UTA SIA GIA TRA
      714 words
    • Article
      Lock icon Iran's demand for extradition of Shah still stands
      295 5 Reuter IRAN stands by its demand for the extradition of the deposed Shah and will continue to pursue its case against him, President Abolhassan Bani-Sadr said on Wednesday. He said, after a meeting of the Revolutionary Council, that the former monarch's extradition
      Reuter  -  295 words
    • Article
      Lock icon ITC studies impact of subsidies
      313 5 AP UNDER the new international agreements against government subsidies to exports, the US International Trade Commission (IPC) has 20 investigations under way to see if subsidies have been hurting American industry and if special "countervailing" duties should be charged against the goods concerned. Only two
      AP  -  313 words
    • Article
      Lock icon Arbitration for steel unions
      219 5 Reuter BRITISH steel union representatives was scheduled to meet the Arbitration and Conciliation Service (Acas) yesterday, to discuss the breakdown of talks with British Steel Corp last Friday aimed at ending the six-week steel strike, an Acas spokesman said. He said Mr Bill Sirs of the
      Reuter  -  219 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      35 5 TAMCO CUTLER HAMMER CORRECTION Wo refer to the edvertieement that appeared on February 12, I960) for the Chinese New Year Holidays should reed 15th 18th February, 1900 and not as advertiaed. w—— Exotic JfooU l,i
      35 words
    • Advertisement
      Page 5 Advertisements Column 2
      135 5 The Shangri-La Playhouse and British Airways i ft vilk a conuxlv h> Ntvi c u aai March 3-7 W BR '>4 W. 7, m u r a e Noel Coward's most celebrated comedy "Blithe Spirit" brings you the hilarious situation of an author whose life is plagued by two jealous,
      135 words
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  • Article
    Hope lies with case law
    401 6 IT IS a rather tenuous financial and contractual chain which links the purchaser of a sub-unit in a commercial building to his financier and then to the developer and his financier. The critical factor lies in the ability of the developer to pay off the
    401 words
  • Article
    The trouble with forecasts
    277 6 THE study by Chemical Bank has forecast that the Singapore economy would end 1960 with growth of 7 per cent and inflation of 8 per cent. But it is one thing to use computer methods to analyse economies and another to be able to come up
    277 words
  • Article
    Lock icon TOKYO RULES A SUCCESS?
    970 6  -  FAIR TRADE CONCEPT By BRIJ KHINDARIA FT THE COMPLICATED set of rules to govern world trade which came into force this year as part of the Tokyo Round package has so far failed to win more sympathisers than sceptics. Diplomats from the countries which took most
    FT  -  970 words
  • Article, Illustration
    Lock icon Peru won't need to borrow from Peter to pay Paul
    984 6  -  By JEREMY MORGAN FT PERU, which just two years ago had to secure a crash debt-refinancing programme to avoid virtual bankruptcy, is now seeking US$l billion in new foreign credits to support key development projects, after one of the swiftest
    FT  -  984 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      112 6 Offshore South East Asia Oil's our business 468 exhibitors from 17 countries are bringing the latest in petroleum and marine technology to Singapore Main product categories and services on show. Barges, supply boats, vessels, rigs, platforms, marine construction, diving services. mooring, buoys, dredging, propulsion, corrosion, towing. Downhole, drilling, navigation, positioning,
      112 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1286 6 Ed by G K SINGAPORE 5 3.00 PM Opening and I Drum Of Joanfe 3.30 Diary of Events (Chinese) 3.35 Over The Rainbow 4.25 Intermission 6.00 Open** and The Mam (Pt 2) (Malay) 6.30 News in Brief 6.35 What's My Line 7.00 Camfid Camera 7.25 Cultural Diary (Eitfsh) 7.30 News
      1,286 words
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  • Article
    Beware of uncertainty and trickery in Year of the Monkey
    748 7 v SOME people attach sym- bo lie meanings to the 12 animals of the Chinese i zodiac for divination and other purposes. Several of these meanings arose from legends and tales in Chi- nese literature. Others would dismiss the significance
    748 words
  • Article, Illustration
    Opportunists at heart
    743 7  -  BY FOO CHOY PENG EACH Lunar New Year is symbolised by one of 12 animals coming in turn to make eventually a complete cycle of 12 years. These were the beasts that were at Buddha's deathbed. First to come was the Rat, followed by the Ox, the
    743 words
  • Article, Illustration
    STATUS OF A MINOR GOD
    451 7 4 IN CHINESE mythology, the monkey is a religious symbol having been elevated to the status of a minor god. Chinese of the old school still celebrate the birthday of the monkey >>* god which falls on Sep 24 and 25 this year. Many tales
    451 words
  • Article
    The parking gods answer ...
    770 7  - The parking gods answer FOBPMj with MARGARET THOMAS LIFE is in a constant state of flux. Paradoxical though this statement may be, it supports the next that it is part of human nature to resist change. Change is a constant fact of our lives whether it be in the unseen
    770 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      157 7 I 1 I Mp#ff§9fa k»A &lfe Business Times is the most cost-effective medium you can buy. \burad gets more bite in Business Times Everyday 30,000 people make it their business to read Business Times: local and expatriate businessmen. The industrialists, the bankers, the financiers, the pro* fessionals. And the senior
      157 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        192 8 FEB 12 FU ABN 291 SO -1J Ahold TO JO -13 Akio 25 40 -08 AMEV 86 50 -24 Amfa* 111 00 -1J Amro Bank S3J0 -0.1 Sereosa Bark *2 TO 91 SO *0-2 41 BoU aoio -08 -1 Boraumij 192.00 Burhmann 6200 MJ Byenkorf 80.50 -OA Calve Delft
        192 words
      • Article
        Paris
        249 8 FEB 12 Fn CORBEILLE Air-Liquid* wo 1 B S N OervaU □•none 1006 unch C S F (ThomionCaf) 55# •13 Cle Francalte des PetroiN 275 *02 Compafnte Financier* Compter"* 300 General* -2 Credit Fonder Pe France -3.3 Hachelte (Llbralrle) 290 30 unch Machine! Bull 71 SO -as Mtchelln (B)
        249 words
      • Article
        Brussels
        96 8 FEB IS Fre FORWARD MARKET Acrc 320 -4 Arbcd 2290 -45 Aitur «16 10 B rue an m -10 Bra-Lamb 1060 -5 Canpac 1206 •29 Cock Ml De Been m -2 Ebea 2110 10 Electrobel saso -20 Ob-Inno-Bm 2570 -36 mam mo -4 Hobok 3190 30 Petro 9220 -30
        96 words
      • Article
        Frankfurt
        199 8 FEB 12 Dm Aeg-Telefunken X 00 -0.1 Akao 2U0 -07 AUx Leben MOO uncb AUx Ven 3*0.00 -J BASr Bay H T Wbank Bay Vbank 147-99 24AJO 774 00 -09 -4 -4 Bayer IX JO ♦OJ BBC yf vi -7J BMW ml MB Cauella 325 00 unci) Ch*m Verw
        199 words
      • Article
        Zurich
        179 8 FEB 12 Prance Action* Suiim AlutuuM Br 296 1340 -i -20 Aiueuuae Rm Brown Boeen Br. Ciba Oet(y Br. m -S im 1250 •u -25 CUM Odor P C MO •10 Cltw OtIC? B*f Credit Suiim Br Credit Suiue Ret Eiektrovau Br. < Ocort* riecher Br Olobus Pc 000
        179 words
      • Article
        Milan
        85 8 Assoc Ocn ***** •110 Bastoft TIJ yton *u ■s Flat Fln«»d«r 1M0 m •>» ♦a Oen Immob 00 -on in Prt SMS *a llaicvmentl 21M0 70 I taigas "no •II Italtlder MafntU M Pf Marrlli Ere MOJO MO SM OlS unch -5 Medlob Mir* lan la ***** 1(000 -100
        85 words
      • Article
        TORONTO
        185 8 FEB JJ C$ AblllM 23 unch A lean 70% Alfomm 17 unch Bank Mont •s Bank Nova ScoUa »'< s Hall T.I 30 unch B*U\ Corp BP Can Ltd 43'• Braacan 27. Camp Red Lake unch Can Imp Bk 27 Canpac 4T. j, Canpac ln» Pf Carlinf OXecft rCominco
        185 words
      • Article
        JOHANNESBURG
        327 8 FEB IS VUnd INDUSTRIALS A Alpha 282 -3 Abercom s -5 AE And CI 680 >10 AMiC ***** unch B.rlow. 906 30 Cf Bufir 1300 -50 cftJk 400 Currle Finance 106 ■i Dc Been Ind 2373 Ed con 525 unch Ed fan Z. mo unch Eveready Fed Volt 445
        327 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      145 8 Where to wine, dine and entertain GARDEN BALLROOM 2nd floor, Holiday Inn Hotel February 14th, St Valentine's Day GALA DINNER DANCE 730 pm to 2.00 am Ss39** per person (inclusive of a bottle of wine for 2) February 15th, 16th 17th CHINESE NEW YEAR DANCE NITES 8.00 pm to 2.00
      145 words
    • Advertisement
      Page 8 Advertisements Column 2
      145 8 lufaertufif thrill hor lunch for dinner. For a richly rewarding experience. Busiiu'ssnu-n's I .inn. ii M.nki.jv. t<»} rui.iv >is 101 -..TV :i i li.it.}*- i ,-ss liiv.ir u• Hif,-, i,j v Sund.K >I<> HI I >« TV. :,V 'Llfj,' 4 i <Vss- >r !»'stTv.iti< his (.lit 7 s 7' '<
      145 words
    • Advertisement
      Page 8 Advertisements Column 3
      202 8 See Page 4 for Asian stocks e See Page 9 for NYSE prices 6, >< V \V, Dine .it t v a n 4 Dragon I Pal act I l.ue «i r< a <il Ic.jsi i>| (intoiifsc dcliciK it's <1 riM'UK > i .it»I«• \|>< ricn< Quit k I i<uuj
      202 words
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      Page 8 Advertisements Column 4
      200 8 Roti Praia at the Hilton? Yes And typically Cantonese dishes, too Food from the streets of Singapore that s nght up your alley. And if you care to. you even watch our chefs whip up your order before your very eyes All in the comfort of air conditioning And Hilton
      200 words
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      Page 8 Advertisements Column 5
      256 8 em ■v M Mr m Our ch«fi dish out the best of Spanish, American, French and other European Cuisines for a meal worthy of a true epicure. ♦Thick juicy steaks from the U.S. ♦Excellent French, American and Australian wines. I jatmiwia mmrmK f 1«. Cairnhill Circle, S pore 0822. Mm
      256 words
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  • BANKING AND FINANCE
    • Article
      EMS set-up favours only W. Germany and France
      1301 9 SMALLER COUNTRIES DISILLUSIONED LAST summer, Belgium, Denmark and even the Netherlands took West Germany to task when they thought it gave the fight against inflation more priority than the interests of its small allies. The row was not conducted publicly because, as
      1,301 words
    • Article
      IMF plans to set up a substitution account
      211 9 THE International Monetary Fund (IMF) plans to sell some of its gold holdings to set up a substitution account to restore international monetary stability. The question will be the main topic of discussions at the group's interim committee meeting in Hamburg, West
      211 words
    • Article
      Higher interest
      104 9 HONGKONG and Shanghai Banking Corporation (Singapore) has raised its rates for savings and certain fixed deposit accounts. The savings rate now stands at 7 per cent, up from 6.75 per cent ly-One-month fixed deposits has been increased by 0.5 per cent to 8.25 per cent, while three-month deposits
      104 words
    • Article
      Portuguese rate for $
      45 9 Portuguese rate for THE Bank of Portugal has set the new rate for the US dollar at 47,364 escudos following the 6 per cent revaluation of the national currency. The new buying and selling rates published by the bank are 47.209/47.519 escudo6 to the dollar.
      45 words
    • Article, Illustration
      BTIA opens branch office in Singapore
      130 9 MS MICHAEL Weag Pakaheag, M —g lag Director ef Ike Miaetery Aathsrtty sf ttppw» (extreme light), wmhhtw Mr Jetoi P MeDaaleto, rhalunsa Bulla the tpeaftM ef Barter» Treat lateral tieaal (Aala) Limited (BT1A), Mags pore's newest merchant buk, last Thandty. lee Hag h Mr
      130 words
    • Article
      Singapore market
      442 9 THE U.S. dollar ck»ed on a mixed note against major currencies yesterday, with some movement seen in the Japanese counter. Starting off at 341.50/70 against the yen, the US dollar then firmed considerably to 242.05/15 when figures of higher Japanese imports were released. Gains were however lost in
      442 words
    • Article
      Tokyo
      195 9 THE U.S. dollar for overnight delivery closed firmer at 241.90 yen yesterday, compared with a 241.60 opening and 241.15 at Tuesday's close despite small central bank yen-support intervention, dealers said. Trading was moderate with volume of USJ7BS million. The Bank of Japan sold an estimated 120 million at various
      195 words
    • Article
      ASIAN $ RATES
      184 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Feb 13: Closing Asian dollar certificates of deposit for prime names: 7 days 1 month 2 months 3 months 6 months 0 months 12 months U8 Dollar*(Spot) Off.r B* 12V, 12 Vt 13 > 13 141/16 1315/18 147/18 145/16
      184 words
    • Article
      Discount
      46 9 RANGE at price» offered by discount hiwn on Feb U Overnight: tV.« Call depMits: to «V,% CW« Bwtag Mi*c J- month Treasury bill* ĕ*> »H 3 month Bank bills 10't 10 3 months CD 10H I0V< months CD 10 3/1« 101/16 Source: National Discount Co
      46 words
    • Article
      Treasury bill tender
      43 9 THE Monetary Authority of Singapore has invited haalra inri Httviwt bonnet to tender for a total of $50 million 91-day Trensury bills to be issued from Feb IS to Feb 22. Each tender must not be for less than $250,0».
      43 words
    • Article
      PLR
      22 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
    • Article
      Higher in active trading
      1182 9 NEW YORK MARKET HOPEFUL developments in the Iranian crisis and a shift in leadership into glamours and blue chips pushed the stock market on Tuesday higher in active trading. Traders were also encouraged when the market refused to give much ground (to profit-taking that developed on
      1,182 words
    • Article
      GOLD
      322 9 GOLD futures in Singapore yesterday closed easier compared with overnight levels in light trading, with its initial fall reflecting the metal's overnight weakness in New York, dealers said. Turnover for the day was recorded at 175 lots while kerbs was 37 lots with interest centred on April and June
      322 words
    • Article
      London
      252 9 THE U.S. dollar opened easier against major European currencies while sterling was firm in modetely active early trading yesterday, dealers said. Sterling buying overnight in Chicago raised the pound above US$2.3O on news of British Petroleum's $4 price rise (or North Sea oil and it opened at $2.3063/73, about
      252 words
    • Article
      Hongkong
      95 9 STERLING maintained its early level in thin, quiet trading yesterday to be quoted at a late U552.3050/ 55 from $2.3050/60, in the absence of any new factors to move the rate, dealers said. The dollar was basically steady at 1.7397/402 marks from an early 1.7405/15, unchanged from Chicago levels,
      95 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      101 9 V Homemafcers/Furnima '80 will bring you an even greater wealth of nomemaking ideas. Exhibits will include quality furniture and furnishings a variety of household appliances as well as sophisticated bathroom, kitchen and living room products and designs Visit Homemakers/Fumima '80 One of the biggest events ever organised lor vou and
      101 words
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      Page 9 Advertisements Column 2
      128 9 THE BANK OF TOKYO, LTD. Singapore Branch U5530,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT SERIES II DUE AUGUST 17,1081 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period February 14,1980 to August 14, 1980 Certificates will carry a rate of
      128 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1814 10 BID aad otter prices n**w-*aiiy listed aad business In aad reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acaia (2.968) (8)
    1,814 words
  • Article
    Unit trusts
    133 10 HNGAPOV UNIT TBQ R OfOOMXBON I) UNIT The Commerce The Saving Fund hrN to LM )M) 157 LM (CWTMl prttM) Income Bond LIS LM S pore Prif Fund LM 1.14 S'pore Sec FM LM 104 MABAMWH rvnu S pore Invent Fund 1.45 L54 hr M H) 4.44 IS
    133 words
  • Article
    SHARE INFORMATION SERVICE
    2800 10 1979/1980 High Low Company Last Sale 4-or Gr"« Div Gr*« Net Div Y'ld P/E Cvr Vol Day COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 308 223 "8 ISO 282 77 275 464 219 380 207 Acma 123* Alcorn 110 Allied Clioc 133 BAT 255 Bata 57V* Ben
    2,800 words
  • Article
    In Kuala Lumpur
    2079 10 rtt> iad offer prion officially listed and husliwgg la and reported to tlie Koala Lumpur Stock Excitant* yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise DQMJRWALB lliism (13» 3.505) (3) 1M Alaaa (133B) Alas Bate (1288) (8) 224
    2,079 words
  • Article, Illustration
    Rubber and tin shares in active trading
    625 10 RUBBER ui til slacks mw tang the tdtrtlj trMei eeeetera at the fellewlag the lirtkerT creese la physical prteee. Pie tell >8i Am ea the whele rmhel streag. iwtw mM the etnagthla CwiHIUnI sai Kasls lemssi riini hsth ef wUeh hsve seea active
    625 words
  • Article
    Plantations score in KL
    562 10 THE plantation sector scored another big win on the Kuala Lumpur stock market yesterday. This was the third consecutive session of dizzy increases (or plantation issues. The New Straits Times plantations index, reflecting the firmness, surged 22.04 points higher to 1053.51. Conditions elsewhere were generally steadier
    562 words
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  • COMPANY NEWS
    • Article
      Ailing San Holdings charts path towards recovery
      1729 11  -  In its present state, San Holdings can be likened to a patient just discharged from hospital in a wheelchair the patient has recovered from his illness but is still not strong enough to stand on his own two feet, let alone walk or
      1,729 words
    • Article
      Railway contract for Malaysia Shipyard
      239 11 AN agreement whereby Malaysia Shipyard and Engineering (MSE) will overhaul Malayan Railway (KTM) train engines is believed to be in the offing. The agreement, the first of its kind, was to have been signed on Tuesday, but for reasons not disclosed, it was postponed. Malayan
      239 words
    • Article
      RESULTS DUE
      339 11 Date Li Fall Year Ctmpuy l> j rcrwd to—wi Net EPS Grew Pre-tax but year <«**) Div. Preflt <%) <rm) M'wata Steel i 22/12 12.4 10.0TE 14,803 Folex Ind d F 18/1 2.7 0.0 858 Nat Iron F 7/2 57.8 •17.9 37,679 F E Le'ston F 8/2 0.0
      339 words
    • Article
      Record profit at Idris Tin
      402 11 AS expected, Idris Hydraulic Tin achieved a record profit for the year ended Dec 31, 1979, buoyed by higher output and tin prices. The latest results were built on an impressive first half, when interim profit before tax and exchange adjustments were already well ahead
      402 words
    • Article
      TIN OUTPUT
      206 11 (in piculs) i total to total to Dec date IMi J.I, nave nsv Company Year-end 1971 F/Y F/Y Aokam Tin June 3,040 15,692 11,899 Austral Amal June 2,027 10,873 11,427 Ayer Hitam June 2,055 16,132 19,542 Berjuntai April 5,690 42,102 46,253 Gopeng Con. Sep. 2,665 8,554 8,142 Hongkong
      206 words
    • Article
      Lock icon Time for plantations to take a breather
      414 11 85K)®H^ HOCK LOCK SIEW PLANTATION shares have featured in the last three days on the phenomenal strength of the physical rubber price which is now at its highest level since the Korean war thirty years ago. Consequently, their market values have risen steeply
      HOCK LOCK SIEW  -  414 words
    • Article
      DIVIDENDS ANNOUNCED
      221 11 Current Ex Booka Date Total for Total for Payaraat Date Cloae Payable the year Previou year Kulin Maia 10*1 Jan 23 Feb 2 Feb 15 10* 21.5* SEAL 2*TE Dec 27 Jan 9 Feb 15 2*TE 6*TE A Molek 25*(f) Feb 4 Feb 14 Feb 25 25* 20*
      221 words
    • Article
      SCRIP ISSUE
      78 11 Conpaay Particular* Ex Date Books Close Tcaerlok Bonus Issue of 1 for 1 NYA NYA TTnt Bonus Issue of 1 for 3 Feb 21 Mar 4 Bonus Issue of 1 for 4 NYA NYA MUM Rights Issue of 1 for 1 S2-00 NYA NYA (a) AOtaatedlm-aalplmae (c) anouahstd
      78 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      160 11 HE straits timcc !^!ff W EONesoAV j»«r. S? tt h En e i&, tor ays a£s£gj«sal s I&sTSS 1 Ft W SSl!'*' *fl7,.£_ The Complete PlainWordsH S/r Ernest Cowers Since it flnt appeared in the fifties The Complete Plain Words hi English. It is, in its own field, a classic.
      160 words
Page thumbnail Page 12
  • Article
    Singapore among fastest growing Asian economies
    807 12  -  By LEE YOKE MENG SINGAPORE is expected to be among the fastest growing economies in Asia this year. But the Republic's rate of inflation may double from last year's estimated 4 per cent to 8 per cent this year. The share of foreign investment
    807 words
  • Article
    Lock icon Methods to attract foreign investors
    129 12 AFP A FOREIGN Ministry spokesman said one of the methods by which Sri Lanka proposes to attract foreign investment is by the conclusion of investment protection agreements with a number of countries particularly those whose nationals and companies are considered most likely to invest in
    AFP  -  129 words
  • Article
    Lock icon Warning for Japanese car manufacturers
    260 12 AP AMERICA'S United Auto Workers president Douglas Fraser is warning Japanese car makers that they face "imminent action" by the US Congress to restrict exports to the US unless they set voluntary limits and open assembly plants there. Mr Fraser said yesterday he has told
    AP  -  260 words
  • Article
    Board extends silver coin collection date
    126 12 DUE to the overwhelming response from the public in the collection of the uncirculated $50 silver coins, the Board of Commissioners of Currency, Singapore, is extending the collection date for successful applicants from Feb 15 to next Friday, Feb 22. Applications for the coins
    126 words
  • Article, Illustration
    Lock icon Soviet Union bogged down
    298 12 UPI THE Soviet Union appears to have bogged down to such an extent in Afghanistan that it could not withdraw large numbers of troops in the near future even if it wanted to, US intelligence officials say. Bad winter weather and fierce resistence by Muslim rebels
    UPI; Source: AP photo  -  298 words
  • Article
    Lock icon New Thai cabinet faces opposition
    287 12 AP PRIME Minister Kriangsak Chomanan's new Cabinet seems to be heading for rough sailing with the announcement yesterday by four major opposition parties of a plan to call a no-confidence parliamentary debate on the govenv ment. Parliament sources said the four opposition groups, commanding about
    AP  -  287 words
  • Article
    Lock icon Expand refining capacity
    333 12 AP INDONESIA is expanding its domestic refining capacity to lessen its dependence on foreign countries for refined products, the president director of the state-run oil company Pertamina said yesterday. Maj Gen Piet Haryono told a workshop on refining operations in the Organisation of Petroleum Exporting Countries (Opec)
    AP  -  333 words
  • Article
    LONDON STOCKS
    755 12 LONDON, Wed. The market closed higher in moderate trading, dealers said. At 3 pm, the FT index was up (.1 at 475.4. Governemnt bonds finished with gains ranging to 1% point after the Bank of England announced temporary facilities for the sale and repurchase of government bonds to
    755 words
  • Article
    Lock icon New hitch at S'pore, Malaysia air talks
    173 12 AFP THE AIR talks between Singapore and Malaysia bogged down again at the end of the tenth day yesterday, over Singapore's request for traffic rights to Sabah and Sarawak in East Malaysia. Secretary General of the Malaysian Transport Ministry, Datuk Mohammed Noor Hassan
    AFP  -  173 words
  • Article, Illustration
    Leaders who have good judgement of situations
    299 12  -  By SALMA KHALIK PRIME Minister Lee Kuan Yew, and Foreign Minister Rajaratnam, are among those leaders who have Judged the world political situation correctly (or a long time. This tribute was paid yesterday to the Singapore leaden by Dr Alfred Dregger, deputy chairman
    299 words
  • Article
    Versatile ARC
    173 12 THE APPLIED Research Corporation, better known as ARC, handled more than 250 projects for 157 clients between 1973 and last year. The projects undertaken by ARC include consultancy services, feasibility studies, market research, social and opinion research and corporate strategy and planning. All these projects involve a wide
    173 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      137 12 YOUR LIFESTYLE THERE IS a silent killer AlZftlft workers, technicians, on the loose. Its victims office workers, manrun into the millions. CSTDCOO agers, professionals No one is safe. I and even housewives. Its main targets are the working Its name is Stress. Psychological people, including unskilled and biological stress. In
      137 words
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      Page 12 Advertisements Column 2
      1 12 SeepageS
      1 words
    • Advertisement
      Page 12 Advertisements Column 3
      51 12 Bee page* This announcement appears as a matter of record only NEW ISSUE FEBRUARY 1900 THE INDUSTRIAL BANK OF JAPAN LIMITED U5520,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit Due 7th February 1983 Managed by DBS-DAIWA SECURITIES INTERNATIONAL LIMITED IBJ Finance Company Kuwait Pacific Finance (Hong Kong) Limited Company
      51 words
  • Page 12 Miscellaneous
Page thumbnail Page 13
  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Vancouver normal
        89 13 Reuter LONGSHOREMEN in Vancouver returned to work after staging a walkout on Monday in a dispute over handling of rail shipments, a union official said. The walkout halted movement of most goods through the city's export docks on Tuesday. A spokesman for the International Longshoremen's and Warehousemen's Union
        Reuter  -  89 words
      • Article
        Lock icon Collision
        87 13 AP THE 4,674-grt Liberian registered ship, Timmar Venture, collided with the 175-grt Indonesian coaster Kahok, on Tuesday night near Raffles Lighthouse outside Singapore waters, a Port of Singapore Authority spokesman said yesterday. The wooden coastal vessel carrying copra and white pepper from Taremapa in Pulau Thujo to Balawan in
        AP  -  87 words
      • Article
        Lock icon Surcharge raised
        61 13 Reuter MEMBERS of the Hongkong/Europe Freight Conference say port congestion at Benghazi in Libya are causing increasing delays to vessels and there does not appear any likelihood of an early improvement. Therefore, the congestion surcharge applied to' cargo destined for the port will be raised to 20 per
        Reuter  -  61 words
    • Article, Illustration
      Latest addition to Rickmers fleet
      345 13  -  By G DURAIRAJ WEST GERMAN Rickmers Line has added its latest newbuilding, Bertram Rickmers to the regular container/conventional service it operates between Europe and the Far East as a member of the Far Eastem Freight Conference. The 20,376 dwt semi-con-tainer ship is scheduled to call
      345 words
    • Article
      INDEX TO ADVERTISERS
      539 13 SMpptag LJm Plfl Cri nil| plat Um Page Csi Adriatic IV S DSR VI 3 Afea VI 3 EAC Lines n 4/5 All trans VI 2 East Malaysia VI 4 Alpac VI 5 Eilat VI 5 Angkutan VI 4 Rlnrm m 4/5 ANL I 1 Everett Orient
      539 words
    • Article, Illustration
      Kontula delivered
      172 14 FINNISH shipper Etela-Suomen Laiva Oy has taken delivery of the 31,850 dwt bulk carrier, Kontula from Wartsila Turku Shipyards of Finland. The vessel, one of the biggest icestrengthened bulk carriers in the world, raises Etela-Suomen Laiva Oy's tonnage to 95,000 dwt. The order for the newbuilding was made
      172 words
    • Article
      Lock icon Sudden capsize claim
      530 14 Agencies A PRINCE Rupert port official said the Taiwanese ore carrier Lee Wang Zin probably capsized abruptly and without warning. Frederick Bullen told an inquest that the vessel was not in exposed seas when it overturned, resulting in the death of 30 men. He discounted the possibility
      Agencies  -  530 words
    • Article
      Container Schedules
      982 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 Shlpplns Une/Aeent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the
      982 words
    • Article
      LONDON FREIGHTS
      1467 14 CHARTERING was mainly confined to the North American grain sector on Tuesday with three vessels being booked (or wheat from the US North Pacific to Japan at $30.25 free discharge and oilseeds being covered from Vancouver to Antwerp/Hamburg at $36.06 flo for Feb. Shippers concluded grain business from
      1,467 words
    • Article
      Lock icon The container revolution maintains its momentum
      1358 15 FT IN THE history of transport, the container revolution, which started in the early *****, has probably had a bigger effect on the industry than the transfer of ships from sail to steam. It made many of the world's ports and ships obsolete virtually
      FT  -  1,358 words
    • Article
      Lock icon Tussle for proceeds
      251 15 Reuter LONDON bankers and an American shipyard have asked the Privy Council in London to decide who has first claim on the proceeds of sale in Singapore of the former Court Line ship, Halcyon Isle. Michael Thomas, QC for Bankers Trust International Ltd said the bank had
      Reuter  -  251 words
    • Article, Illustration
      SHIPS IN PORT
      481 15 EAPBtTED ARRIVALS TODAY KEPPEL WHABVEB Centaur (1G00) 1/2 Htone Ywa (1700 after Iweri) 28 Phrontis (shifts after Motovun sails, bead west for UTM/L A L/L) 33/34 Palm Sea Horse (Tanker) (2300 P/O) 15 Professor Szafer (2300 C/O) 13/14 Ping Chau (after Phrontis shifts, will shift to G45
      481 words
    • Article
      SHIPPING LIST where your ships are due...and when
      4470 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      4,470 words
    • Article
      Lock icon Gulf states to start insurance company
      175 20 Reuter NATIONAL insurance companies from six Gulf states will meet in Abu Dhabi on Feb 23 to the formation of an Arab Gulf insurance organisation, the official Emirates news agency (Warn) said. The organisation, expected to start operations in July, would be formed to
      Reuter  -  175 words
    • Article
      Lock icon German yards need state aid
      163 20 Reuter WEST Germany's shipyards will continue to need state aid if they are to survive the crisis in the world shipbuilding industry, the German Shipbuilding Industry Association said. The association, in a report, said German yards have invested large sums to win orders in the
      Reuter  -  163 words
    • Article
      Indian shippers bargain rates against stability
      526 20 THE All India Shippers Council is bargaining with the Karmahom Shipping Conference for stability in freight rates for specific periods in return for an increase in the rates. At the resumed discussion in Bombay on a general increase in freight rates, the council offered
      526 words
    • Article
      WORLD SERVICES
      449 20 UK West-Africa: From Feb 3, Baco Line's second barge carrier Baco Two operates from Sunderland in the UK. The sister ship, Baco One operates out of Sheerness port. Service frequency will be reduced to 17 days from the UK to Lagos, Warri and Port Harcourt. Westgate Shipping is
      449 words
    • Article
      Lock icon Soviet vessel can't dock
      145 20 Reuter THE British government has banned a Soviet fishery research vessel from putting into the Shetland Island port of Lerwick off north-east Scotland, a foreign office spokesman said on Tuesday. The British action is part of the government's counter measures against the Soviet Union following its
      Reuter  -  145 words
    • Article
      WHO ACTS FOR WHOM..
      1422 20 The leading shipping lines operating from local Crts and the agents who handle cargo bookings r them. A B Adriatic CMrtalaer Container Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)'Euro-Asia Line (PK/PN). Alfred C. Tieptor Sea Consortium (S) Marintez Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg
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      411 13 TANK CLEANING Whether you are sending it to the DOCKYARO for repairs the SCRAPYARD tor scrapping or making a CONVERSION consult PIHAFUS MARINE SINGAPORE PTE ITO <s§* \R I) 1\ 1 AMAH Orient Overseas Co*tl<u*t&i Line. sawct TO EUROPE PX(iM| I L (Havre R'dam ORBITAL CHEF IIN TLKONG CONTMBt 1!
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      387 13 fai SEALORD L|J ANTAf i H UASC UNITED ARAB SHIPPING CO (SAG) I" WEEKLY MULTI-PURPOSE SERVICES loading for Muscat (2/3), Dubai (5/3). Doha (8/3), Dammam (11/3), Kuwait (14/3) Mina Al Faha) (23/3), Kuwait(26/3). Damman (29/3), Dubai (1/4), Abu Dhabi (4/4), Doha (7/4). Mina Qaboos (10/4) Dubai (24/4), Abu Dhabi (27/4),
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      188 13 NEPTUNE ORIENT LINES LTD FAR tAST EUROPE FUIIY CONTAINERISED SfRVICf 0. CHEF IS.MWE. H.CMAL K. MCEJW... n. nm Hml'la F'stovt MW| Bran A'wmp 2/3 3/3 5/3 7/3 «/3 11/3 7/3 J/3 11/r 11/3 12/3 15/3 14/3 15/3 11/3 11/3 21/3 22/3 19/3 21/3 23/3* 23/3 24/3 27/3 21/3 29/3 39/3
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      633 13 <i> cnan AUfn.m N.ilion,il Lint WE SERVE MEDITERRANEAN AND ALGERIAN PORTS Agents: MBKTFTL LTI. Tt *****4 (5 tinea) SINGAPORE ITCMDB SHIPPING list WORLD Services REGIONAL Weather WHO Acts Fw Whwn MAERSK LINE kth n rm LT^raiTi —-SaM MMnk Rjndo 20-21/2 19-20/2 ALVA MAERSK lto«liP*it» 24-25/2 25-21/2 ANNA MAERSK MMnk Rwfe
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      730 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SJS SHIPPING AGENCIES SDN BHD art's* PORT KELfING PENANG vvH M 7/7, MALAYSIANNTERNATiQNAL SHPHNG CORPORATIONBERHAD Cantawtr Stake To Eurcge Feeder 'PKelang Vessel S pore MseiNes 2) Rdam 3) H dgrg 4) Gburg B DAHLIA 16/2 SELANOIA 18/2 5/3 10/3 11/3 13/3 B PENAGA 23/2
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      321 14 BjS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA rtMwi IttTOb CU Ihi M CM t'Mn R Tat Mm St Ma R. Ort Itata Ml BB*H» IIMI/fl 17/3 22/3 24/2 25/3 27/3 1/4 4/4 4/4 •M/l 23/3 74/3 10/3 1/4 4/4 9/4 IS/4 19/4 24/4 i
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      907 15 Overseas nn Containers Limited Weekly service to/from UK/Europe STRAITS SHAPING Singapore to Sabttt, Sarawak, Brunei Porta and Bangkok lAOOSHP SOURCE TO IM/COCTCTT: ContainenNp Service To/From Banfkok a pi Bay Fapresa ttydEMw 9m Maru S'part Plata* Vmmk Bran k'wmp It Mm UX IIF* NM II Ma 12 Mm 13 Mm IS
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      417 15 "Jf Franco Belgian Services y r /•:,}<• French N rt ir, /?,m F.ir Fr.r.rv ?.tw nrzn FMI CONTAKMMF IBttU TO IftWlttaMlMl Wi CONTARBBHF MHRCE FROM Seatrain Pacific Services S.A. :1 T7T i i. —rm cSfwace m/ 2 m/ 2 v/!*") mmm u om au uc wnehi e/c muom fm*ti Z
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      698 16 18/2 20/2 12/3 14/3 nn ,S/J 17/3 V 3 a/3 24/3 J/J 74/3 26/3 Itrt /3 21/3 3 M/J ?/4 11/3 4/4 C/ 4 i,-. I#/< l 4 2V3 a/3 11/4 a/4 3< 22/4 24/4 15/3 17/3 11/3 20/3 25/3 27/3 77/3 21/3 13/4 15/4 21/4 23/4 25/4 27/4 »/2"
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      509 16 LINE: KOREA ssHIPPINb CORF ft AITA* 150E 1/9 Mhr 10/13 ftbr VEGA 14tf 7/10 Apr 11/15 Apr TO BUSAM PEAANG CALL SUBJECT VDUCEMENT (BCKotßtofKotnttt acixac acacac acacaci WWTS: STORE CROHN MARK CO (fit) LID TEL *****5S SUB-AGENTS: PJCELAN6 PERKAPAUW GUNONG TMUR KL TEL 417K1/PK *****9 <t> c nan > <»-y
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      317 16 EVERGREEN LINE f 1 lAM hiRiW '{'A fill! i ON'AiNIK n tcarmammmm MITWr. LEMME ALSO ACCEPTMC CARGO FOR FELKSTORE. ROTTERDAM yjuiiMFim LOACO* iwcimu BRISTOL LIVERPOOL GLASGOW. LEEDS fgflM hobhwot HOLLAND AMSTUOAM MMMMIUni UlbM i«pr lMr Site MM. 17 Mr 9M. Up* Uk 2% 4Rp 7Ap I Apr tApr >H MM*
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      659 16 Y a Everett Lines j Ben* Fiva Star Mppiai Ctrpa. "BURMESE NATIONAL LINE" LOAMS FOB RANGOON m am Fab l/«M B/ S-S.C TB»S MALAYSIA K«ton9 Tai (38>-7355 TM *****/***** *****e»on llareaHaaatal 1 A. C.I. F. "ARGENTINE NATIONAL LINE" lONRNG FOR CAPETOMN, HDDS MB L^l s > I Tr—ipartaciaa Marftima Makm
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      319 16 J t3O.S E. OCEAN SHIPPINI ENTERPRISES PTE IFD iai SANKYO LINE AUSTRALIA SERVICE P. Mnt tam Lm*i tar. ii/2im is/life* sn.MEL.rn 21/23 MB 11/21 Mv ■B.smKl 1/3 Apr V 4/5 Apr FWA, A* BANGLADESH SERVICE HOW CHTIMOK. (MUM JAPAN/STRAITS SERVICE SaM SaM kW 21/23 FaA 24/25 fab l 21/22 FA
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      660 17 VV-. PIL GROUP EAST AFRICA REOSEA SERVICE SINGAPORE/CHITTAGONG/RANGOON/SER VICES Swtaport m/2Mrn Ln*n| For: CMta|Mt Madras. SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES Pakistan National Shipping Corpn. Karachi Pari Islamic Steamship Co. Ltd. Karachi Pacific International Lines ptf i id «joint sfrvicf Malaysia Shipping Corpn. son rhl a 20/1 Mm.*» 2/4 M» 21/2
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      596 17 ir? tl ,j I BEN LINE CONTAINERS WiXw fwn«m u/> u/i a/3 V) 1// I ii/j a/3 n/i 2/4 V 4 v« 7/4 3R/3 V 4 1/4 7/4 1/4 14/4 V 4 11/4 12/4 14/4 7/4 U/4 M/ 4 a/4 2V4 14/4 22/4 M/ 4 2V4 27/4 24/4 27/4 H/4
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      420 17 Scan Dutch *9 MM 1 i 1 v WWmVtim J)«Ttar| i)(tq VI a/1 11/1 IV) M VI 11/1 Mil W) vi iv) M/i nn vn ii/) nn a/i m v< IV) V* V« V 4 iv« a/) v« iv« IV« 17/4 1/4 I 14/4 a/4 B/4 H,4 a/4 a/4 a/4
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      523 17 ■w BOUSTEAD SHIPPING AGENCIES THE BANK LINf LTD LOADS FOIL IS. AFRICA (■mm*. OartML C PI tta. I LmOM) Stm Mar P IU. SUlf COAST saws (Ntw (Mum, MoMt, Houston, 6otmton) Plata* KmhUR USM LOOSE IWES (*di ft Mi). 24/?7Fta 7 tar innWITKD (tata) 24/20 Fta 2 Z CDHKK LYRES
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      584 18 K LINE KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA feeder wsels* n 9 Nona vessels u S NY C*»ActlM UM 17/2 Malta 4/3 W) Man Mm li/J 20/1 ft* tmnf Nvv V) 21/1 tmm, TrAv 1(N 17/2 2*/2 OM*. Gale Bh*e 7/1 17/1 •"•j*" l »/J 20/1 Dm In 12/1
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      383 18 LC./CREAT LAKES SERVICE CALFORKM/PACfIC MTI WEST SEKVICI m*| tar lOS MUV SM HMMCBCO, imi, TMM, NNCONB. IX. EXPRESS CWARU/CMVERTWUL/ REEFEK SERVICE Nbmi f Um| L Aaprti Mt- 29 FM Ifc nam AUSTRALIA EXPKESS COOT ARM SERVICE HEW ZEALAND SERVICE pmmi r UMI hyu i ■Rn Mai Smki fMm hm| »CMI)
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      483 18 r-, r < »*i >i 11 SINGAPORE SHIPPING AGENCIES PTE 11G n ii-rjny I l*^j|ioiial H.jLiUIJ i d Oiiilnlncr Lines WEEKLY COMAINFH SEWVtCE to/tuwn BASGKOf —w Km *vafrfc */»F* mot uam run n* 2/3 ta MOT ima via* VUMM mot una u/u mm mim MOT MUM IS/MMr 23/74 ta MOT
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      490 18 fjl ORAMARD LINE INDEPENDENT ATTRACTIVE RA TES MEDITERRANEAN SEA SERVICE ACCEPTING CONTAINEk CAMGO-FCL ONLY FOR: PORT SAID. ALEXANDRIA. BEIRUT. LATTAKIA. UMASSOL. ISTANBUL A PIRAFUS Specialty engaged agents stevedores providing immediate discharge •HI M muni lft* T^ Um Ml. MB CMK M7B IMr MV.BMFMBV.Mi 4% STwun/CMrX^sanfKz S>n P. Man UaM| tar
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      312 18 INTRItSEA (PTE) LCD .!'■>< ).ise O'Cft'O Sine,ii rvp f < 'plpphone r 3SaT; c REGULAR INDEPENDENT SEMI/FULL T <2jU R QP^_ rnmmn anrw NMMONr W7l 2 Urn BOTTEMNMI/AIITW IJWW73 IS Mv life KmSSSmSm hpm MIKftSA (fit) LID 2352(11 BOOKMC 2amj B. L«p> lEOSMB TUfiW 488M4 *****2. 48QC71 *****4. *****/1 ALPAC
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      150 19 m TRUCONTAINER EXPRESS INTERNATIONAL (S) WE LTD Suites 1311/1312, Shaw Towers, Beach Rd, Singapore 0718 Regular Container Service accepting FCL/LCL Cargo for New Zealand Auckland, <4, I Wellington, X Littleton, Dunedin Austraßa Sydney, Melbourne, Adelaide, Sri Lanka Colombo 1. Europe and UX Call *****81 |i j ii: Container leasing services
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      111 19 GEHRAI *UNTS STOW m iNTERNAtIOtMI fMICHIWHTS PH tTD Mi i TUNAS yi»TI CWP* Uitt BtC <f N«*, KANNIVELL LINES (REGULM SERVICE S*GAMNE/EAST-NEST MALAYSIA) FUJIWARA LINE ;< w. ri■: > rai?a m *f«l >V T TM' I BASUCA SMGAPORE Loadstar 20/25 Fefc Damnan. Dubai SMGAPOK 9VTK AfiENCES fit LTD. 20TN FLOOR,
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      191 19 WORLD B" LINE EXPOS REGUUft SERVICE MPAM/HONGXONG/STRMTS VESSEL BSC MOW S'POK FA. 12/13 FA. 17/11 FA. 21/22 FA. 21/25 PRfOMC FA. 14/15 FA. 19/20 FA 23/24 Mm. 1/2 IMm Gen Aft* M BBS (J) m LTD tSt.MFt .IM Ira* C«*t. Im Spm. tvpn MM r«t Mltll mom hit taw f*
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      130 20 THE TIMES A 1 Ifll \a Pr>Jy r* lr y > THE TIMES ATLAS OF WORLD HISTORY presents the drama of World History in the arena of its action the lands and seas of the world. This entirely new and authoritative work of reference combines the visual detail and excitement
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  • Page 20 Miscellaneous
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      179 20 v :>y¥SxS:iis WWfeqWft" '.W.W.W.' yyk-A :y p MSS^SSS S: y.-.v. X«Xv\v>Xv>X XvX*X i •x-xx\-xx xxx: x WflHI A X-X--•x-. xx* i x A WO5 I s. WO7 CLOUDY WO2 M KS 'A VV jS fo. j L M •Stox v > :W>' 7 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30
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