The Business Times, 27 February 1980
1980-02-27
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The Business Times
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Title Section11 1980-02-27 1 BUSINESS TIMES M.C.(P) No. 111/1/8# WEDNESDAY, FEBRUARY 27, 1101 50 CENTS11 words
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BRIEFLY...
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Article52 1980-02-27 1 ABOUT $1 million worth of packaging materials were destroyed when fire broke out at UlC's warehouse in Jurong last night. The fire, which started at about 6.30pm,. destroyed three months' supply of plastic and paper for packaging soap and detergents. The cause of the fire has not52 words
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Article89 1980-02-27 1 Reuter KUALA LUMPUR, Tues. Vietnamese troops have occupied a small island in the South China Sea off the west coast of the East Malaysian state of Sabah, informed sources said here today. The sources said Malaysian survey officials found Pulau Kecil Amboyna Island located about 160 kmsReuter - 89 words
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Article57 1980-02-27 1 AP LOMDON, Tues. Gold prices rebounded and the dollar slipped lower on world financial markets today. Gold sold for U*****.50 a troy ounce in London and Zurich mid-morning, up from Monday's closing 1632.50 m London and $618.50 in the Swiss centre. The metal had fallen $30 toAP - 57 words
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Article76 1980-02-27 1 AFP TOfracONC Tues. The Hongkong and Shangnai Banking Corporation last year made a group tod?y m re 11X51 bmion iX was "Hie bank announced that subject to audit, the profit was about HK$l.Ol billion (US$2O2 million). (U5511.32 million) more than in 1978. The directors are proposing aAFP - 76 words
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Article53 1980-02-27 1 Reuter MANILA, Tues. The Philippines is asking New Zealand to consider granting fishing rights in its waters to fleets from Asean, well-informed sources said here today. The sources said Philippine Ambassador Pacifico Evangelista will convey the request to Prime Minister Robert Muldoon this weekend in a letter fromReuter - 53 words
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Article43 1980-02-27 1 MANILA, Tues. The Philippine consumer index for January this year registered an inof 1.6 per cent to 266.6 from December's /62.3 and a sharp rise of 23.8 per cent from 215 4 in January 1979, the Central Bank said today43 words
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Article96 1980-02-27 1 UPI NEW YORK, Tues. With investors waiting for the Carter Administration to reveal a new antiinflation policy and for results of the New Hampshire primaries, stocks wandered aimlessly early today in moderate trading. The Dow Jones industrial average, an 8.96point loser last week, was ahead 0.69 point toUPI - 96 words
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Article139 1980-02-27 1 Rises Indices Lower Perak 440 50 Feb 25 Feb 26 Sel Properties Magnum Corps Ialaad ft Pea 815 625 610 40 40 35 26 B.T. Index: Industrials: 3996.17 4096.00 474.42 477.18 Hone Leone 354 Finance: 863.08 871.16 High Low KL Kepong 580 25 Hotels: 416.76 417.37 464139 words
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Article, Illustration133 1980-02-27 1 Rises Indices Magnum 635 Malayan Tin 3150 Sel Prop 830 Talam 400 KL-Kepong 474 SgBesi 1350 Batu 320 B Lintang 382 Tan Chong 540 Falls +55 +50 +40 +30 +30 +30 +22 +22 +20 Feb 25 Feb 26 B.T.Index: 6409.39 6592.83 Industrials: 526.82 532.12 Finance: 765.22 774.20 Hotels:133 words
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Article, Illustration588 1980-02-27 1 JOHN LIM - RIGS AND MANPOWER LACKING By JOHN LIM CRITICAL shortages are threatening to take the edge off the boom in the regional oil exploration industry. The main constraints on the rapidly growing industry are shortages of skilled manpower and drilling units. Both problems can find no588 words
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Article200 1980-02-27 1 THE Mass Rapid Transit system could be in operation by 1987, if the decision to go ahead with the project is made by the end of this year. Mr Ong Teng Cheong, Communications Minister, said in Parliament yesterday that once construction of the MRT begins, the200 words
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352 1980-02-27 1 SINGAPORE will be able to play a more active part in the development of Batam Island next year when details for cooperation based on the Benelux concept are worked out. Mr DSoedarsono, the chief executive of Batam Industrial Development Authority, said by then Batam will352 words
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Article249 1980-02-27 1 THE Singapore Manufacturers Association (SMA) will send a second trade mission to South America next month to strengthen trade ties and to promote Singapore-made goods. This follows just six months after a 17-member team from Singapore toured Latin America for the first time to increase bilateral249 words
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258 1980-02-27 1 PETROL aad dlssel price» are expected to increase agate by Saterlatest. yesterday that «II compaatos have MM sa "fatte a sahataattal" rsaad at laereaiei which win he ■■■»—ccd to the aext few days. The laerease is expected to he aheat Si258 words
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477 1980-02-27 1 SALMA KHALIK - By SALMA KHALIK DEMETRON GmbH, a German manufacturer of electronic goods, plans to invest some $25 to $30 million over the next three years in expanding its manufacturing facilities here. In connection with the expansion, the company has applied to the Economic Development Board477 words
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Page 1 Advertisements
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Advertisement5 1980-02-27 1 Th*MMOUAEP3K> PPC does Hal. T5 words
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Advertisement129 1980-02-27 1 ASIA RESEARCH BULLETIN V'.v> This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about 8,000 words each. There is a129 words
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Advertisement23 1980-02-27 1 Leader ~p»gei SHIPPING TIMES SAUDI WHY the rim ia Malay** aet external fcerrewim... INVESTORS keea m market laat year... HIGHLIGHTS «f to the23 words
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Advertisement46 1980-02-27 1 c OR PEOPLE WHO MATTER Ricoh's new DTIBOOR Reduction Copier. It means reduced size and reduced costs. '■m sDTIBOOR For more information call *****5 Wywy Private Limited WywyHouw i rung Km Rom S«g«>or» 031$ T« *****5 Anxi Jays Business Mecfw*. KOTPtafcsGkxlofcPiua Bk*Bno4 JM T«|p *****3-*****7 s46 words
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TRADE AND INDUSTRY
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Article, Illustration319 1980-02-27 2 TERRITORIAL bickering for ocean resources poses serious problems to the increasing level of international exploration activities for new oil in South-east Asia. The Senior Minister of State (Foreign Affairs), Mr S Dhanabalan, said yesterday that ocean resource nationalism has been on the rise, especially with319 words
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Article, Illustration185 1980-02-27 2 HONEYWELL, manufacturers of electronic equipment and systems for the offshore oil industry, is introducing its latest computer systems at the Offshore South-east Asia Conference and Exhibition, which had its opening yesterday at the Hyatt Hotel. Through its joint venture company, Honeywell Sime Darby Pte Ltd, Honeywell is185 words
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Article, Illustration264 1980-02-27 2 JARDINE Marketing Services (JMS), the maketing subsidiary of Singaporebased Jardine, Matheson Regional Holdings (SEA) Pte Ltd, has been appointed the new local agent for Texwood jeans. Texwood of America, a big name in the jeans industry, commands a strong market position in this region for264 words
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331 1980-02-27 2 UNITED Engineers has made its first venture into the realm of light industrial equipment by taking on the agency for Mart Corporations (USA) for power washers and polishers. A demonstration of the Tornado power washer and the glass iJead blast parts polisher was331 words
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252 1980-02-27 2 AN AUSTRALIAN engineering company is establishing a plant in Singapore to manufacture light metal products for the local and overseas markets. Spurway Industries Pte Ltd from Australia, is planning to site the local plant in the Jurong Industrial Estate. It has already applied for252 words
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Article343 1980-02-27 2 TO MEET the training requirements for higher skills in the 1980s, the Vocational and Industrial Training Board (VITB) has decided to split its 10-year old metal trade advisory committee into three committees. Three trade advisory committees, one for precision engineering, one for mechanical engineering and one for shipbuilding343 words
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187 1980-02-27 2 THE number of Singaporeans above 55 years of age will reach an estimated 23 per cent of total population by the year 2030 from 10.3 per cent last year. In view of the expected and gradual increase in the number of elderly people, the Singapore187 words
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Article147 1980-02-27 2 AUTOMAT the exhibition on labour-saving devices to be held from Sep 10 to 13, has already received good support from Jetro and the Taiwan Machinery Centre. The exhibition will be divided into two sections industrial automation and office automation. It is jointly organised by the National147 words
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Article88 1980-02-27 2 THE Singapore Quality and Reliability Association (SQ&A) will be holding a quality control seminar at the Regional English Language Centre auditorium. The programme will include a paper presentation on Bridgestone's experiences with QC circles and a panel discussion on applica- tion of QC circles in the Singapore88 words
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Article401 1980-02-27 2 COURSES AND TALKS Feb 4-29: Course for School Inspectors, RELC, Ministry of Education Feb 28: Quality Control Circle Meeting, RELC, SQRA Feb 28-29: Computer Appreciation, Shangri-La, Price Waterhouse March 3-4: How to Analyse and Structure Your Organisation, Hyatt Hotel, Price Waterhouse March 4-May 6: Quality Contol (Basic), Sisir401 words
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175 1980-02-27 2 THE general manager of a large Saudi Arabian department store will visit Singapore next month to seek out locally made goods for the home market. Dr El-Sayed El-Rayess of the Western Auto Store Division of the Arieb Group, a large Saudi Arabian group175 words
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Page 2 Advertisements
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Advertisement74 1980-02-27 2 Just pick up the phone and Emery picks up the responsibility. When you're busy meeting deadlines, controlling inventory, hounding suppliers, maintaining client service and developing new markets, it's reassuring to know that there is an air freight company which treats your business as seriously as you do. That's Emery Air74 words
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REGIONAL
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535 1980-02-27 3 RESULT OF THIRD PLAN THE implementation of the Third Malaysia Plan, the largest five-year plan ever adopted by the government, had resulted in a large increase in Malaysia's net external borrowing. When the plan ends this year, the government would have spent about M 520.42535 words
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Article, Illustration143 1980-02-27 3 SINGAPORE Deputy Prime Minister Goh Keng Swee said in Tokyo yesterday that relations between Japan and Singapore are generally good at present and that Japanese investments in Singapore are contributing to employment. Dr Goh, who arrived in Tokyo on Sunday for a five-day visit, made the remarks whenSource: AP photo - 143 words
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Article81 1980-02-27 3 Reuter HONGKONG'S visible trade deficit widened to a previsionsl HKSI.M billion in Jaaaary from a revised 1835 milltoa deficit la December aad a $239 million shortfall la Jaaaary lHt, Census aad Statistics Department flg«res shaw. Experts la Jaaaary were fJJ4 billion eampared with $7.41 Mitten laReuter - 81 words
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Article169 1980-02-27 3 AFP CHINA has so far signed 186 contracts worth US$24 million with some 100 foreign firms for processing or assembling electronic products, the New China News Agency (NCNA) reported yesterday. A total of 89 electronics plants, mostly near China's east coast, has contracted for theAFP - 169 words
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Article213 1980-02-27 3 AFP THE Australian air force base in Butterworth, Malaysia, would be maintained at its current strength, the Australian chief of air staff Air Marshal Neville Patrick McNamara said at the base on Monday. "No withdrawal had been planned for the immediate future," he said. TheAFP - 213 words
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Article103 1980-02-27 3 AFP PRESIDENT Suharto yesterday held talks with Defence Minister General Mohammad Jusuf and National Securiy Chief Admiral Sudomo on the security situation in Indonesia. The talks followed a meeting of top Indonesian military leaders on Monday to discuss the armed forces build-up, and the planned large scale exerciseAFP - 103 words
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234 1980-02-27 3 Reuter UPI JAPANESE Prime Minister Masayoshi Ohira appealed for public cooperation to help the government attain its target of holding down a rise in the consumer price index in fiscal 1980, starting in April, to about 6.4 per cent. Mr Ohira, addressing workers atReuter; UPI - 234 words
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Article181 1980-02-27 3 AFP THAI Defence Minister Gen Prem Tinasulanonda called for reason and unity as four opposition parties affirmed that they would go ahead with a censure motion against Premier Kriangsak Chomanan. Gen Prem, who is also commander-in-chief of the Royal Thai Army, reasoned that national unity wasAFP - 181 words
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THE REGION IN BRIEF
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Article550 1980-02-27 3 Agencies TWENTY-six leading Indonesian politicans yesterday sent a petition to President Suharto demanding that the coming general election in 1982 should be free and democratic. The transitional period between 1965 and now should be enough to stop the abuse of power and authority. Any general election which isAgencies - 550 words
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Page 3 Advertisements
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Advertisement307 1980-02-27 3 (l)ubcrtus (3nll 'J4K* ■*r m 'r- v k* 3 &> v 1 r #> < i V rlf.V: >, <f > Game f(ira difference... (if ilicCa iuuixParkShemtim Sitmap <nx' A JUS <miiiii'\ I'iirk Slirniion Siii^ajM»n ftORCHARD PIAZA Jlttytiwfpfvjilc cesiums Orchard Road's most bustling shopping, tourist, entertainment commercial/office centre SHOP AND307 words
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RAW MATERIALS
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Article97 1980-02-27 4 Reuter THAILAND is prepared to sell China 100,000 tonnes of maize for delivery this year, Deputy Commerce Minister Chumpol Dhammacharee said. A Thai trade mission is now visiting China to sell Thai commodities. The quantity of maize to be sold to China would be doubled to 200,000 tonnesReuter - 97 words
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Article193 1980-02-27 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cettea yan: China Blue Phoenix 20b 2,325; 32s 2,770, 40s 3,090 (per bale of 400 lbs). Piece gM4s: China Butterfly and Globe brand unq; Dragon Head unq; Five Lamte unq; Flower and Butterfly193 words
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Article157 1980-02-27 4 CHINESE Pradace Exchange, Singapore, r Using prices per pleal yesterday: Caeaaat ell: Bulk $105 sellers, old drum $111 sellers, new drum $115 sellers. Capra: Mixed (loose) UK/ Cont $63.00 buyers. Pepper: Muntok AST A white fob 100% NLW $335.00 sellers, Sarawak white fob 96% NLW $320.00 sellers, Sarawak157 words
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Article148 1980-02-27 4 CHICAGO Board of Trade wheat futures closed just off the highs on Monday, up iV* to 3'/t cents a bushel, in moderate trade. A large professional buying March and May was a major factor, but pit traders noted moderate commercial selling on rallies throughout the day. News of PL4BO148 words
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Article249 1980-02-27 4 THE SINGAPORE market yesterday closed slightly lower with March One RSS buyers quoted at 339.00 cents per kilo, down three cents from Monday's close, dealers said. Morning prices were marked down slightly on stale bull releases and lack of interest, they said. Afternoon prices fluctuated around lunchtime levels on249 words
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Article354 1980-02-27 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. 327 00 329 00N 329.00 331 00N Int. 1 R.S.S. March 337.00 339 00 339 00 341.00 Int. 1 R.S.S. April ***** 353.00 353354 words
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Article104 1980-02-27 4 NOON SSRai id SMR pricaa ytaUnUy RAS SSR 20 SSR 50 (1-ton pallet! (1 ton pallet 1 March (Carreat Mth) Buyera Seller* 292 00 294.00N ***** *****N April (Forward Mth) Bayera Sailer* ***** 296 00N 293.00 296.00N MRBLB March April SMR CV SMR L SMR 5 SMR104 words
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Article90 1980-02-27 4 THE Straits tin price in Peiug yesterday raw Ms 4 per pieal to $2,231, $281 above the International Tin Agreement ceiling, dealers said. Hayings increased slightly tram the Japanese, European, US aad local ceatres in expectation of higher buffer stock price range at the International Tin Conncil meeting90 words
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Article30 1980-02-27 4 Rubber Feb 26 Singapore: March: 399.00 cents (down 3 cents) Malaysia: March: 345.00 cents (down 2 cents) Tin: M*2,239 (up M*4)) Official offering: 167 tonnes (down 5 tonnes)30 words
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Article332 1980-02-27 4 SINGAPORE: Yesterdays closing prices in S) per kilo, ex-godown: THAI WHITE: 100 per cent first clan (Kangaroo) new crop 0.», 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 0.57.332 words
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Article148 1980-02-27 4 THE MARKET in Kuala Lumpur ruled slightly higher yesterday on some immediate covering in thin and quiet trading, dealers said. However, Pakistan's tender of 2,500 tonnes neutralised palm oil for April shipment (ailed to aid sentiment, they said. In the north, the March position rose Mss to $1,137.50148 words
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Article139 1980-02-27 4 CHICAGO Board of Trade soybean futures closed mixed on Monday, ranging from up IV4 cents a bushel to cent lower in deferred March. Reports of favourable weather conditions in Brazilian soybean growing regions may have triggered late commission-house selling, which ran counter to a firmer tone in other CBT139 words
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Article840 1980-02-27 4 SUGAR: Number two raw sugar futures ended a relatively quiet morning near session highs with on balance gains of £4 to £6.90 per tonne. Turnover was 3,582 lots, including 1,066 kerbs. The market opened well up from depressed kerb levels at an average £4.80 advance. The number four840 words
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Article130 1980-02-27 4 STOCKS in London Metal Exchange official warehouses at the end of last week, (all in tonnes except silver, which is in troy ounces): Copper rose 1,250 to 115,625. Tin rose 65 to 4,190. Lead fell 600 to 11,300. Zinc fell 300 to 47,800. Aluminium rose 650 to 33,925.130 words
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ASIAN STOCKS
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Article490 1980-02-27 4 TOKYO Reuter SHARE prices closed lower yesterday as front-running steels and shipbuildings fell on profit-taking towards the close, dealers said. The Dow Jones average fell 11.86 to close at 6,739.43, with volume of 730 million shares and the Tokyo Stock Exchange index closed at 468.04, down 0.92. KawashakiReuter - 490 words
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Article330 1980-02-27 4 Source: SHK Sec PRICES opened sharply lower yesterday following the announcement that January's trade deficit reached HKJI billion. Added to fears of higher interest rates »nH uncertainty over the budget speech today, the deficit caused a mild panic in early trading. However, the market found support at the 890Source: SHK Sec - 330 words
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Article362 1980-02-27 4 STOCK prices fell across the board yesterday on interest rate uncertainty and following heavy selling in London despite strong profit results, dealers said. Peko WaDsend slipped SO cents to AfBJO, TNT was steady at $2.42, and Hooker Corp eased four cents to $1.14, while Coal and Allied Industries (ell362 words
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Article125 1980-02-27 4 THE market closed with commercial, industrial, mining and oil issues generally easier, dealers said. Turnover declined to 13.0 million pesos from Monday's 13.6 million. FEB 28 Pesos Arojr Mining 0082 unch Alias Con A Atlas Con B. 4975 4-1 Baguio Gold Ml *oooa; Benguet Con B 82.50 4-1 BK125 words
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Article49 1980-02-27 4 FIINANCIAL TIMES INDUSTRIALS Monday 453.7 Friday 4542 Ago 463.0 DOW JONE8 AVERAGE INDUSTRIALS Monday 850.81 Friday 808.77 Week Ago closed H.K.HANC SENG Tuesday 804.90 Monday 902.20 Week Ago Closed SYDNEY INDUSTRIALS Tuesday 634.87 Monday 640.05 Week Ago 661.48 ALL ORDINARIE8 Tuesday 850.17 Monday 867.60 Week Ago 006.1849 words
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Article132 1980-02-27 4 HONGKONG and Shanghai Banking Corp reported net 1979 consolidated profit rose to HK$l.Ol billion from $727 million previously. The company will pay. a final dividend of 50 cents (40) making total of 74 cents (53). The company proposes a three-for-five bonus issue on April 25. The new shares will132 words
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Article246 1980-02-27 4 THE market closed mixed yesterday with speculative issues leading the gainers, although trading remained suggish throughout the session, dealers said. FEB 26 Bahu Ail* Credit 157 unch Asia Fibre 143 Ayuthaya In*. And Trust Bangkok Investment Banfkok Bank 318 unch Bangkok Drying And Silo Bangkok Insurance I Bangkok Metropolitan246 words
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Page 4 Advertisements
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Advertisement258 1980-02-27 4 1980 EDITION The Straits Times of Singapore The Straits Times Directory of Singapore (also known as Buku Merah) has been developed over a period of 82 years. It provides the most comprehensive information on companies' profile including their management personnel, agencies and representations. The acknowledged value and increasing demand of258 words
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OVERSEAS
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309 1980-02-27 5 Reuter THE US General Services Administration (GSA) has yet to schedule a date for its first offering to sell tin from the government's stockpile. A GSA official said the agency had been aiming for March II as the date for theReuter - 309 words
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Article, Illustration564 1980-02-27 5 UPI THE UNITED Nations Commission of Inquiry on Iran had two sessions on Monday with Iranian jurists amid growing hopes that the fiveman panel would be allowed to meet the 50 American hostages, contrary to recent comments by Iranian leaders. Despite the hard-line statements ofUPI; Source: UPI picture - 564 words
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Article417 1980-02-27 5 Reuter THE UK Transport and General Workers Union (TGWU) wants a ban on foreign car sales in Britain from January 1982 unless they are assembled in the country with 25 per cent of Britishmade components, group national secretary Grenville Hawley told a press conference. "If theyReuter - 417 words
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163 1980-02-27 5 AFP Urtels'uSl! STmLMTm ■gilew is twwi a nte mi ky British Steel Csrpsntfsa (BSC) «rectors I» anew BSC WjhyMi to raspsad directly Is a salary sffer rejected by the ssiisi The vote Is aimed at elghMveeh'swEealltal the aattoaaßsed steel esrpera* ttoa. Niifitlstli— brokeAFP - 163 words
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Article104 1980-02-27 5 Reuter THE WHITE Bum hat quoted President Carter saylag that laflattM aa well aa cam) haa wwlri a crisis stage. Press Secretary Jedy Pewell said Mr Carter bm* the renarfc daring aa laterview with a grasp *f edttsrs whs vMted the White Haaae aa Msaday after»»—. TheReuter - 104 words
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538 1980-02-27 5 UPI Reuter BRITISH Prime Minister Margaret Thatcher, declaring that wage increases "must be earned not demanded", has reasserted her government's tough economic policies only days before it faces its first parliamentary vote of confidence. In a spirited interview with the British Broadcasting CorporationUPI; Reuter - 538 words
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Article778 1980-02-27 5 ARRIVALS Service Local Operator Number Time From PAA PA005 0125 NYC/SFOHKG TMA TL373 0530 BEY/BOM/KUL MAS MH601 0645 KUL MAS MH682 0710 KCH SIA SQ101 0615 KUL MAS MH621 0640 PEN MAS MH607 0645 KUL RBA BI421 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ21I 1000 HLP778 words
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169 1980-02-27 5 UPI EUROPEAN leaders are engaged in intensive shuttle diplomacy in an effort to forge a common response to the Soviet invasion of Afghanistan, and yesterday's activity again centred in Bonn. British Foreign Secretary Lord Carrington was due in the West German capital yesterday forUPI - 169 words
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190 1980-02-27 5 NYT THE WHITE House Council on Wage and Price Stability said the Mobil Oil Corp has failed to comply with voluntary price standards and announced that seven other refiners without identifying them were probably out of compliance. The council declined to specify how muchNYT - 190 words
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461 1980-02-27 5 Reuter AN OPEC special meeting to study the recommendations of its Strategy Committee on oiJ pricing will likely be held in the first week of May in Taif, Saudi Arabia, Opec SecretaryGeneral Rene Ortiz said. The Strategy Committee last week recommendedReuter - 461 words
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WORLD IN BRIEF
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Article550 1980-02-27 5 Agencies THE gross domestic product (GOP) of the European Economic Community (EEC) increased by 3.3 per cent last year, compared with a growth of 3.1 per cent in 1978, the commission's latest known estimates showed. Growth of domestic demand was strong and reached 4.3 per centAgencies - 550 words
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Page 5 Advertisements
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Advertisement22 1980-02-27 5 Mackinlay's UC Scotch Whisky since 186 msb* 7> •3C m f > Vintage gift of taste fortheconnoisseur. Jf #S. r-".5V.i? Sote Aoen RANK22 words
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Article376 1980-02-27 6 THE AGE of an unprecedented oil boom in the Asian region is about to dawn on us. The rush among large foreign offshore oil equipment producers, logistics experts, computer data processing and other related companies to strengthen their operations in the Republic is evidence of the realisation376 words
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297 1980-02-27 6 IT IS as well that we remember that while technology and sophisticated production are now all the rage in local industrial sectors, exports are still the lifeblood of the nation. To this extent the Singapore Manufacturers Association is to be applauded for organising a297 words
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Article, Illustration1166 1980-02-27 6 JOE FERNANDEZ - MALAYSIAN-WEST GERMAN TRADE In the three key aspects of investment, aid and tourism, Malaysia is a nonentity in West Germany's eyes. Investment, for instance, now amounts to less than $50 million. However, there is a silver lining among the grey clouds; Bonn maintains a veryDepthnews - 1,166 words
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Article, Illustration751 1980-02-27 6 LORNE HARLING - By LORNE HARLING FT THE WORLD paper indu* try has taken nearly five years to recover from the devastating market collapse which followed the 1973-74 oil crisis. Now producers are asking themselves whether it can happen again. So far the threat of recession in the United States hasFT - 751 words
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Page 6 Advertisements
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Advertisement149 1980-02-27 6 < KA Auvi '80 will bring |< together the most sophisticated audio-visual, hi-fi equipment and related services available. This will be an excellent opportunitY for manufacturers and suppliers to demonstrate their highly-advanced equipment. Auvi '80, to be held at the World Trade Centre from 2-6 July 1980, will be widely149 words
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Page 6 Miscellaneous
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Miscellaneous1148 1980-02-27 6 m Spurs' and Swindon CSX H E i c 5 <*4 at s 4. I SINGAPORE 5 3.00 PM Op«fn| and Plesse The Dairies When Young Man (r) C 3.25 Mary of Events (Malay) 3.30 The Special CMd 3.55 New Ed Men Show 4.20 Intermission 6.00 Opening And dampen (Meley)1,148 words
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Article, Illustration1456 1980-02-27 7 RUTH CHENG - By RUTH CHENG AT THE END of last year, J the outstanding value of < fixed and floating rate negotiable certificates of deposits on the Asian dollar market stood at US$l,- 886 million. To date, the amount outr standing on these floating rate1,456 words
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Article336 1980-02-27 7 Letters to the Editor Dear Bb, "When the unscrupulous are bent on making millions of dollars in ill-gotten gains they are hardly likely to be troubled by having to furnish some data which will probably be of a nature almost impossible to verify." The above sentence is lifted336 words
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Article65 1980-02-27 7 M Foe Tuat Ylen - M Foe Tuat Ylen Dy Ceatreller «i BesMeattal Prepertj Dear Sfr, Report in the Business Times entitled "Three companies exempted" appearing cm Feb 11,1980. I refer to the above mentioned report. The Minister in charge of the administration of the Residential Property Act, 1976, is the Minister65 words
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Article202 1980-02-27 7 RETRENCHMENT in any company is likened to the sword of Democles, menacing for its unknown path. A reporter friend who tried to get through to the managing director of a company facing this event was told by the secretary in a fearful voice, "I'm sorry, I'can't202 words
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136 1980-02-27 7 B A Catbury - B A Catbury PwjpgMMMfar Dear Sr, I will mU year ittw ttta to aa emr ii yw article af Wndaiaday, Feb ts, IIM caacenriag McDermett'a BIA reei sabeMtmt la year epealag paragraph yea staled that McDenneti Seatk-Eaat Aala kad reeeived a HUE136 words
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1250 1980-02-27 7 MATTHEW SYMONDS - FOBUMi with MATTHEW SYMONDS FT "A DOCUMENT we neglect at our peril" "The most important publication of the year." "What ought to become one of the baric documents of the decade." Such has been the reaction of usually sober commentators in the WestFT - 1,250 words
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Page 7 Advertisements
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Advertisement13 1980-02-27 7 COURAGE CONFIDENCE UAOERSHIP OKI 10 ways mm UTE OF SUCCESSFUL SMTm/TC Of SUCCESSFUL13 words
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Advertisement121 1980-02-27 7 Yamaha boats have proven themselves on international race courses many times. The most dramatic success of Yamaha was that of the "Magician V", the 1978 Quarter-ton World Champipn. She defeated 32 boats from all over the world, under the most trying conditions. Another example of the proven all-round performance of121 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article192 1980-02-27 8 FEB IS ARM Ahold A**> A MEV Amfai u Ann Bank «2°" r., BOl» Fta 284 00 71 50 25 30 91 SO 107.90 50.90 43.00 M OO MOO -t -1.6 0.7 -13 -13 -*7 unch -I.I •1 Borjumij Burhmann Byenkorf Calve Delft 177 90 61 JO 50 50192 words
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Article266 1980-02-27 8 FEB 25 Frs CORBEILLE Air-Liquid? B 8 N Genrau □•none CSP (Thomson Clf> SOO 967 526 -10 -35 -t Cle Francaiae d«j Petroies Compagnie Financier* Compagnle General* Credit Foncler De France H ache tie (Llbralrle) Machines Bull Mlcheim (B) Parlbas Pechlney CI fine Kuhlmann Peugeot Philips (N» Gem Be266 words
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Article91 1980-02-27 8 FEB 25 Frs forward market Acec Arbed Astur Brascan Bru-Lamb 317 2300 904 trn ltso -4 30 -4 -4 unch Canpac Cork De Beers Ebes Electrobel 1228 344 345 ion 5610 unch -1 -7 -36 -88 Ob-Inno-Bm Qev Hobofc Petro Ryl Dutch 2445 836 3130 5880 2545 -S •1491 words
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Article210 1980-02-27 8 FEB 25 Dm Aeg-Telefunken -50 OA Akzo 23.00 AIU Lcbcn ***** +i Alii Vers 385.00 unci) BASF imo 0.1 Bay H T Wfcank Bay Vbank 24*00 auo ♦a 0J Bajwr 127 JO 0J HE ***** BMW 17X001 1 1 Cmaavlla ***** -OA cr»m v«f» CofnmmtKnl Conu Oummi 302.00 1*4210 words
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Article186 1980-02-27 8 FEB a Francs Actions Suiurt Alusulsse Br 296 in -1 *13 Alusuisae Rcf. «n Brown Bowl Br 1M0 Cit* G*io Br. USA Clba G«m P C as unch -XI S io Clba Oetgr "t Credit Sulw Br Credit Bullae R*f Eleklrowalt Br. Oeorie Fiacher Br Globus Pc m a*«6186 words
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Article102 1980-02-27 8 FEB 25 Lire Anlr 925 0 75 Assoc Oen ***** >110 Bastoft on 4-3 Central# 9150 -5 I960 -25 flnstder 9175 -075 Oen Immob 09-50 0i5 in Prl teo^ 30 IislcemenU ***** 50 iulfss 012 12 271 -4 MacneU M Pf 004 1 Msrelll Krc 385 50 315 Mediob102 words
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Article175 1980-02-27 8 FEB C» AbiUbi a. unch A Iran Aiffonu as Bank Mont as •l Bulk Not* Scout 25 Ml T«l J| Beth Corp BP Can Ltd Brunn Camp Red Lake JT 1 •t Can Imp Bk M-> Canpac 40'. •1"» Can par in* Pf Carting OXeefe 9'. -S Comlnco W.175 words
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Article324 1980-02-27 8 FEB 25 Rand INDUSTRIALS A Alpha 280 •8 Abrrcom 290 >80 AE And CI 715 25 AMIC 2225 Barlows 896 >25 Cf Sugar 1200 CKA 418 unc h Currte Finance 1S3 -2 D» Beer* Ind Edcon 486 *5 Edgar* '8800 Eveready Ftd Volk .5 Fuglt I'M unc ft Oardlan324 words
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Page 8 Advertisements
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Advertisement230 1980-02-27 8 Where to wine, dine and entertain Delectable local dishes and Western lunches set in daintily stylish Scandinavian decor. Popular SELF-SERVICE lunch daily. From 10.30 am to 3.00pm and 5§ snacks from 3.00pm spm ssLLjlEpy You've got to try it to believe! Fabulous harbour view DOLPHM GftFETSMA Sentosa Isle beyond. Apollo230 words
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Advertisement153 1980-02-27 8 V <*"*v. p mm Pj X£Llif<}&* «»*>% P*&* <-*, v** ®Mr#: fc S S Vi J -n, i »*r <. For banquets, her conventions. For other functions of flawless finesse. uri( ';< )t Is ft >r up it I>S( I -^r s 'I lit TMu'fN i' 1< J. M /t''153 words
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Advertisement107 1980-02-27 8 See Page 4 for Asian stocks See Page 9 for NYSE prices Merlin's unique Disco Club d the 80's. Experience its wizardy in light, sound and show spectaculars completely turning the disco mw into a at style. At Studio M. So come on! Have yourself a night at Scudw M,107 words
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Advertisement110 1980-02-27 8 Take a sloiaboat to noiahere Take -.our T.ic. i' -tie Take this 1"': i'k; no A here A"i i .ilonq vMth vour ho;<"« 't>;ji( ally Cantcn»>se favourites Pius ou' very own Fiav u r s o f Singapore. Hm's Top of the Hilton. Lunch and dinner. Daily. Reservations, call *****33.110 words
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Advertisement206 1980-02-27 8 The Emperor Deluxecreated for an emperor 500 years ago. today, the special dkfcof the Oriental! Ten ingredients and a secret recipe go into its making. Ask about it and our menu of special dishes. You'll also find our Tim Sum the best in town. Try us, the proofs in the206 words
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BANKING AND FINANCE
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Article76 1980-02-27 9 Reuter RESOURCES of the PhilipPine commercial banking system rose 28 per cent to 117.4 billion pesos at end--1979 from 91.6 billion the previous year, a central bank statement said. The system's net loan portfolio rose to 75 billion pesos from 58.5 billion and deposits rose 12.5 billionReuter - 76 words
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Article52 1980-02-27 9 Reuter FRANCE has made its first contribution to the Technical Assistance Special Fund of the Asian Development Bank, amounting to 2.3 million French francs, the bank announced. The contribution will be used to finance French services and related facilities in the technical assistance operations ofReuter - 52 words
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Article44 1980-02-27 9 Reuter US FEDERAL Reserve Board chairman Paul Volcker has said that the Fed is determined to make every reasonable effort to work toward reducing monetary growth. Mr Volcker made the comments in prepared testimony before the Senate Banking Committee. Reu-Reuter - 44 words
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534 1980-02-27 9 Reuter AFP THE BANK of Japan said it is raising the reserve requirement ratio for large Japanese commercial banks to 1.750 per cent from 1.625 per cent, effective March 1. The new 1.750 per cent ratio applies to banks each with time depositsReuter; AFP - 534 words
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MONEY AND EXCHANGES
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Article477 1980-02-27 9 DECLINING U.S. interest rates resulted in a weaker US unit against major curencies at closing yesterday. Starting off at 248.70/80 against the yen, the US dollar then went on a continual slide in initial reaction to the Japanese announcement of an increase in the statutory requirements for commercial477 words
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Article22 1980-02-27 9 THE average rale al which major Singapore banks are currently prepared to lend to their best customers is 10.5 per cent.22 words
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Article184 1980-02-27 9 ASIAN RATES Closing Asian dollar certificates of deposit for prime names: ASIAN currency deposit interbank rates as at close on Feb 26: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US Dollar*(Spot) Offer Bid 14 9/16 14 7/16 16H 16". 16'. 16'. 1611/1616 9/16184 words
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Article48 1980-02-27 9 RANGE of prices offered by discount houses on Feb 26: Overnight: 3 i'.U Call deposits: 6'. to Ck>sinf Bayiaf Sellia« 3-month Treasury bills 6'. 6 3 month Bank bills 10 3/16 101/16 3 months CD 1013/16 1011/16 6 months CD 10 9/16 107/16 Source: National Discount Co48 words
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Article327 1980-02-27 9 GOLD futures in Singapore yesterday closed higher compared with overnight levels on some short-cover-ing, dealers said. Trading was quiet throughout the day and a turnover of 89 lots was reported while kerbs was 27 lots, they said. April closed firmer at U*****.00/(50.00 an ounce against 1640.50/641.00 on Monday and327 words
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Article270 1980-02-27 9 THE U.S. dollar traded broadly easier yesterday in early forgign exchange dealings, with the movement most pronounced against the Swiss franc. Dealers said the market continues to be driven by interest rate considerations, with speculation now widespread the Bundesbank will increase its discount and Lombard rates by one percentage270 words
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Article116 1980-02-27 9 THE U.S. dollar was marginally weaker yesterday against major currencies from US levels in quiet late Hongkong exchanges with no new factors affecting business, dealers said. Trading in the Hongkong dollar was active, however, with basic sentiment against the unit still influenced by the interest rate disparity with the116 words
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Article118 1980-02-27 9 THE U.S. dollar for overnight delivery closed at 248.40 yen yesterday, down from a 248.80 opening but up from 248.00 at Monday's close, following central bank yen-support intervention. Trading was active, with volume of US$Bl5 million. The Bank of Japan sold an estimated *****0 million between 248.80 and 249.00118 words
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Article150 1980-02-27 9 Reuter SOUTH Korea concluded agreements for loans totalling USS49B million last month, latest Economic Planning Board statistics show. The breakdown was $447 million in public loans, mainly (311 million from Banque Brussels Lambert for an electronic switchboard system, and 151 million in commercial loans andReuter - 150 words
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Article41 1980-02-27 9 Reuter WEST German M-3 money supply rose by 1.8 billion marks seasonally adjusted to 672.0 billion in January after a 6.4 billion rise in December and compared with a 1.4 billion gain in January 1979, the Bundesbank said. Reuter.Reuter - 41 words
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632 1980-02-27 9 RUMOURS of the imminent arrival from Washington of a rescue package for the credit markets and inflationplagued economy ignited a searing rally on Friday before prices gave ground later in the day and on Monday. Talk of controls has helped the632 words
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1222 1980-02-27 9 NEW YORlt THE STOCK market on Monday pulled back in active trading as investors grew wary of possible government moves to check rising interest rates and inflation. Analysts said investors decided to take profits, particularly in the recently strong oil group, and move to the sidelines1,222 words
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Page 9 Advertisements
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Advertisement195 1980-02-27 9 ASIAN DOLLAR SECURITIES MARKETING EXECUTIVE AND TRADER We are the Merchant Banking arm of one of the world's leading international banks, and invite applications for the post of Asian and Eurodollar Securities and CD Marketing Executive and Trader. The position is an exceptionally challenging one and will involve selling specialized195 words
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Advertisement55 1980-02-27 9 Businessmen, your inroad to the Singapore Finance «Ss^V** '&&< A TIMES DIRECTORIES PUBLICATION For enquiries please telephone *****11(3 lines) *>** Robinson's Bookshop Basement, Clifford Centre. Collyer Quay. Td: *****. Jf TimesOrchardCentre Robinson's John Little's M 106 Lucky Plaza (mazzanma floor) Orchard Road. Tal *****71/*****18 Spacialists' Cantra. Orchard Rd OiHord Cant55 words
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1679 1980-02-27 10 BID and offer price* officially listrt and business in and reporisa to the Stock Exchange of Singapore yesterday with thp humber of shares traded shown in brackets in lots of I.JDO unite, unless otherwise specified. SECTION ONE \> INDUSTRIAL I > J1,679 words
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Article160 1980-02-27 10 SINGAPORE UNIT TRUST INCOME BOND UNR i UtMMM* pm tar PM H) (Cmmmt ft toes) The Commwct 2.42 2.57 Income Bond l.lt 1.36 The Savings Fund 1.58 1.68 S pore Prog Fund 1.W 1 13 S pore Sec. Fund ISO 2.02 MABA BUMIPITBA S pore Invest Fund 144160 words
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Article2761 1980-02-27 10 w. Gr'» Gr'u Net 1979 1980 Last Div Div Y'ld P/E Vol Da v pigh Low Company 4 Sale or Cvr <000) High Low 5 SECTION ONE t INDUSTRIAL COMMERCIAL w 207 Acma 278 -2 15.0 2.2 53 143 2 278 278 an 123' Alcorn 223 10.02,761 words
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Article2000 1980-02-27 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDIBRIAU Acm-(2 98S) iUtW (2.325) (I) 2.28 (I) 2.32 (4) 2.30 AJn2,000 words
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Article, Illustration716 1980-02-27 10 AFTER THE tep drap la ik»re prim sa Muhy, bayers rallied yesterday ta give Mi sapparl aad Mlag at the Stock Exehaage sf flliipw el—eisa a —tt at eager aatc. Gain were nearM by mM with nm relief that mttMl had Impraved. The market716 words
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Article545 1980-02-27 10 BUYERS returned after an easier overnight session to boost prices broadly higher at the Kuala Lumpur stockmarket yesterday. Trading was fairly active, with investors steadily gaining confidence as the day progressed. Opening prices were mildly easier, but support filtered in after the first half hour545 words
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COMPANY NEWS
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2123 1980-02-27 11 MANO SABNANI - By MANO SABNANI the City Editor THE LUNAR Year of the Ram which ended just ten days ago turned out, in the event, to be the year of the dark horses. While most learned institutional fund managers piled2,123 words
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Article321 1980-02-27 11 Date Last Fall Year Company Period Announced Net EPS Grass Pre-tax last year (cents) Div. <%) Profit (I""*) M'wata Steel I 22/12 12.4 10.0TE 14,803 Nat Iron F 7/2 57.8 *17.9 37,679 Alcom F 10/2 7.5 10.0 1,119 UO B F 27/2 19.0 all.4 35,829b Robinsons I 28/2321 words
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Article252 1980-02-27 11 THE Kuala Lumpur Stock Exchange has queried Premium Holdings on the progress of its attempts to reverse its $11 million purchase of Yardstick Holdings (now known as Lee Hung Plantations) through discussions with vendor Loy Brothers (1973) Sdn Bhd and Trengganu Development and Management Bhd (TDMB). In252 words
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LATEST RESULTS
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Article249 1980-02-27 11 has reported improved results for the fourth consecutive year, with an after-tax profit of $20.5 million for the year ending Dec 31, 1979. This is an increase of $3.5 million over the 1978 profit of $17 million. In a statement to the SES and the KLSE, the249 words
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Article135 1980-02-27 11 has reported an unaudited pre-tax profit of (3.83 million (|4 million previously) for the six months ending Dec 31, 1979. The group's operating profit before tax fell by $303,000 to $1.76 million. During the period reviewed, group turnover was $30.57 million, compared with $24.57 million for the135 words
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Article316 1980-02-27 11 Current Payment Ex Date Books Cloae Date Total for Total for Payable the year Previoua year B Kawan Duff Dev M TC M Banking Y H S (S) YHS(M) Perlia Plant Lingui B Kawat Prima K L Kepong (Jin Benut Sel Nuta M'aia Rice S P Textile UAC316 words
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Article113 1980-02-27 11 Company Particulars Ex Date Book* Close Temerloh Seatoaa T Test M U lad Sine Darby Pan Malayaa Bonus Usue of 1 for l Bonus Issue of 1 for 3 Bonus Issue of 1 for 4 Rights Issue of 1 for 1 (a. $2 00 Bonus Issue of 1113 words
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Page 11 Advertisements
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Advertisement74 1980-02-27 11 OAI-ICHI KANGYO BANK UMITED. G2 Hong Leong Building, 16 Raffles Quay Singapore 0104 U5520,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit due 25th February, 1963 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from 25th February 1980 to 26th August74 words
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Advertisement831 1980-02-27 11 Hock Lock Stew will be back tomorrow. phut ran HsnuiuN h mA Ikimiimftiii mmnaiaii« L* Mh m m m m m m M m 1 Listed below are products from Australia, products made with great skill and expertise. They have been made to sell in discriminating international markets and particularly,831 words
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IN PARLIAMENT YESTERDAY
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Article370 1980-02-27 12 MARGARET THOMAS - By MARGARET THOMAS A FOURTH award of about $150,000, thought to be the largest to date, has been granted by the Skills Development Council, the tripartite body administering the Skills Development Fund. This brings the total amount of money so far disbursed from the370 words
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230 1980-02-27 12 SPEAKER Yeoh Ghim Seng has revoked the leave of absence granted to Phey Yew Kok (Boon Teck). Leave of absence from parliamentary duties was granted to Phey on Jan 4 following his letter to the Speaker asking for leave from Parliament sittings230 words
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Article573 1980-02-27 12 THE MONETARY Authority of Singapore will now pay for and take into its own account Singapore's subscription to the International Monetary Fund, and, with the approval of the Minister for Finance, accept future increases in Singapore's subscription. The Bretton Woods (Amendment) Bill 1980 repeals Section573 words
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227 1980-02-27 12 MINIMUM standards of patient care must be ensured in private hospitals, clinics and nursing homes, Health Minister Dr Toh Chin Chye said when he spoke prior to the reading of the Private Hospitals and Medical Clinics Bill. The purpose of the bill is to227 words
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183 1980-02-27 12 SINGAPORE would not welcome the use of the Singapore dollar as a reserve currency, Finance Minister Hon Sui Sen said when asked when the Government intends to make the Singapore dollar an international currency. Replying to a question by Mr Ang Nam Piau (Thomson), Mr183 words
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129 1980-02-27 12 SPECIAL seminars designed for the middle management level executive will be introduced by the University of Singapore's Business Administration Department in November. These executive development seminars will be short and intensive and will include both general management topics as well as specific functional areas129 words
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Article762 1980-02-27 12 LONDON, Tues. The market closed quietly mixed, with operators awaiting further developments surrounding the national steel strike, dealers said. At 3 pm, the FT index was down 0.3 at 453.4. Among the few features were Natwest, down 15p at 356p after lower than expected results, and IMI which762 words
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475 1980-02-27 12 MR Justice Choor Singh will deliver judgement on convicted lawyer Harry Wee's appeal in three weeks as the court will need time to consider the case which he described as having "considerable importance to the public". No specific date was given but475 words
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405 1980-02-27 12 VISITOR arrivals for 1979 exceeded the Singapore Tourist Promotion Board's projection of 2.2 million for the year by 47,091 visitors, an increase of 9.8 per cent over 1978. This substantial increase came in spite of protectionist civil aviation policies, air fare increases, accelerating inflation405 words
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Article126 1980-02-27 12 SINGAPORE'S total trade last month crossed the $7 billion mark. Figures released yesterday show January's imports reached a record $4.1 billion while exports were at a new high of $3.4 billion. Trade continued to be brisk with the value of imports rising faster than the value of126 words
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291 1980-02-27 12 HOTEL Malaysia, a member of the Goodwood group of hotels, has received the official go-ahead for its new 14-storey extension facing Orchard Boulevard. The extension, which will add 276 rooms to the existing 220 rooms, will be built by Industrial Syndicate, a company in which291 words
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Article162 1980-02-27 12 IN A move to promote economic ties between Singapore and Indonesia, the Singapore Chinese Chamber of Commerce and Industry (SCCCI) is to hold an investment promotion seminar on opportunities in Batam. The SCCCI has written to the Indonesian Minister of State for Research and Technology,162 words
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Article154 1980-02-27 12 THE Minister for Health Dr Toh Chin Chye will act as Prime Minister for the next two days while Mr Lee Kuan Yew is on an informal visit to the Philippines. He will relinquish his appointment to Dr Goh Keng Swee, the deputy154 words
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Page 12 Advertisements
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Advertisement45 1980-02-27 12 A new face, a new concept I P 1 P Dip |:-m:-'hihu A monthly magazine with the focus on achievers achievements. No aspiring young manager should miss it. Your monthly manual for career building. Buy the Preview Number and see for yourself what it offers.45 words
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Advertisement231 1980-02-27 12 ft m c Jardine Steps A link with a living tradition A stepping-off point today for ferries to Singapore's southern islands, Jardine Steps takes its name from the famous old wharf which Jardines built here more than a century ago. Today, Jardines remain very much part of the busy commercial231 words
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Page 12 Miscellaneous
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Miscellaneous66 1980-02-27 12 IWEATHER Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few places areas after midday. Report for 24 hoars prior to 7Jf p.m. on Feb 2$ at the airport. Maximum temperature 31.7 Associated humidity 68 Minimum temperature 23.2 Associated humidity 100 Hours of sunshine 6.85 Rainfall66 words
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SHIPPING TIMES
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PORTSIDES
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Article75 1980-02-27 13 UPI SHIPS and aircraft from six Nato nations including Canada and the United States began Exercise Safe Pass on Monday, testing the alliance's ability to defend shipping lanes between Europe and North America. The other countries represented are Britain, Belgium, West Germany and the Netherlands. The exerciseUPI - 75 words
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Article37 1980-02-27 13 Reuter THE London-based Globtik Tankers group has signed a contract with Ishikawajima-Harima Heavy Industries Co Ltd (IHI) of Japan for an 80,000 dwt tanker for delivery by June next year, IHI said. ReuterReuter - 37 words
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Article59 1980-02-27 13 Reuter HITACHI Shipbuilding and Engineering Co Ltd said it has concluded a 10-year agreement on business tieups with General Electric Co of the US (GEC) to build and market GEC's steam turbines and generators. Hitachi said it hopes to use the equipment in desalisation, fertiliser and petrochemical plantsReuter - 59 words
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Article70 1980-02-27 13 FIVE VESSELS will be doing dredging work off the West Keppel Fairway, stretching from the Pasir Panjang power station to Pulau Bukom from March 1 to July 30. The Port of Singapore Authority advises mariners to keep a safe distance and proceed with caution when approaching and70 words
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474 1980-02-27 13 LINDA TAN - By LINDA TAN TRAINING courses offered by the Port of Singapore Authority last year drew a good response from foreign countries, attracting 186 participants from countries as far away as Africa. This is a 35 per cent increase over the previous year's attendance474 words
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Article567 1980-02-27 13 j CM Shlpptag Use CM Adriatic IV 5 EAC Lines n 4/5 Afea VI 3 East Malaysia VI 4 Alfred vra 2 Egyptian Int vra 1 All trans VI 2 Eilat VI 5 Alpac VI S Elma ra 4/5 Angkutan VI 4 Everett Orient IV 4 ANL567 words
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504 1980-02-27 14 SHIPPING Hues on the North Atlantic are likely to lose "millions of dollars" as rates tall dramatically in a price-cutting "tree-for-afl". With the departure, first of Sea train, then of the US liaes from the Continent North Atlantic Westbound conference things looked bfeak.504 words
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Article, Illustration51 1980-02-27 14 Sf-i 8 if ltß n»W®" v»y»ge last month. It InM ijm tonnes sf palm sHen and M* tonnes sf stearin for Shanghai. The vessel hnilt In Uwajbna Ehtme, »P CT d .*y V l6 1 Cypay r A,wtr,au 116 ***9—? to represented by a^dcrcdTSu^S?if draft ''Tmetres51 words
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Article918 1980-02-27 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER THsSSENAL NB. (1) Each vessel's estimated time of arrival Is advised by the ShteDlna Llne/A#ent and Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority* premises during the following918 words
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Article1398 1980-02-27 14 MARKET opened the week on an active note with firm rates paid in the North American grain section on Monday. Grain cargoes were booked from the US Gulf to the Netherlands at $16 flo for Feb/Mch also from US Gulf to Japan at $27 flo for Mch/April and1,398 words
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Article, Illustration899 1980-02-27 15 NO FURTHER THAN NECESSARY China's "trade with the US and Europe will develop and it is imperative that we bay containers, the US and Japanese companies want to penetrate oar market and we cant refuse the containers they carry. 19 Seatrade DESPITE reports by visitorsSeatrade - 899 words
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Article, Illustration593 1980-02-27 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Gelang (after Neptune Beyl) 19 Crown Cherry (after Royal Viking Sea) 1/2 Dove (Tanker) (0700 after Pabloeverett P/O Subject Gas Free) 13 E.R. Brugge (after Clifford Maersk) 38/39 European Express (after Nordhausen) 31/32 Gavriil Kirdisehev (RO/RO) (after Ross Sea) 27/28 Huang593 words
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3962 1980-02-27 19 gCKPPLE A guide to ships loading at Singapore for Ports around the 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 Port of3,962 words
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Article, Illustration617 1980-02-27 20 FT MR TUNG Chao-yung, or "CY Tung", who has —d» a bid (or Furness Withy, is a low-profile figure among the ranks of international shipping magnates. Wealthy Chinese entrepreneurs rarely like to publicise their activities anyway but he seems moreFT - 617 words
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686 1980-02-27 20 WEEKLY FREIGHTS FRESH demand from Soviet charterers for grain vessels the first since the US ban on extra grain exports to the USSR in January give a firmer trend to the freight market last week. As usual it was difficult to obtain686 words
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Article148 1980-02-27 20 RE-ENGINING of one containership in its fleet is going to save Cie Generate Maritime (CGM) of Dunkirk US$6 million a year. The French shipowner is currently negotiating a contract for the work, which involves replacing the two steam turbine engines, developing 88,000 shp, with diesel units148 words
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334 1980-02-27 20 UPI BRAZIL want* Japan to cooperate in building a large loading and storage facility for the export of mineral resouces and (arm products to Japan and Asia, the Brazilian embassy said on Monday. An embassy spokesman said requests (or Japanese cooperation have been madeUPI - 334 words
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Article262 1980-02-27 20 OFFSHORE Ssathenrt Asia Conference Mi ExMMUm Feb 26-29, 1980, Singapore. Contact: Offshore SEA, 6-E Mt Sophia, Singapore 0923. Omailip latrrastliasl tlen March 2-7, 1980, Brighton, UK. Petroleum Geology of the Continental Shelf of Northwest Europe March 4-6, 1980, London. An international conference organised by the Institute of Petroleum262 words
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Article1355 1980-02-27 20 The leading shipping lines operating (rem local ports and the agents who handle cargo bookings for them. A-B I Adriatic Container Container Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agen--1 cies (S)/Euro-Asia Line (PK/PN). Alfred C. Tsepfor Sea Consortium (S)/Marintex Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg1,355 words
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Page 13 Advertisements
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Advertisement277 1980-02-27 13 Everett Lines PO« TMt MOST niQUINT SAIUNOS TO BAMOKOK HOWQKOH6 •JAPAN WSAM Cvtrrtt immiNp Corpn. t/A C#«»» V"9Qoo'» V M W«r iWf >6 »0) OC »C frog t„ i 1441 J Age»n% VOCShip CO SHOt« t« t I K I )1 I WIAH m wM r Orient Overseas CcmicmeA Line.277 words
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Advertisement291 1980-02-27 13 SEALORD ANTA> m, UASC UNITED ARAB SHIPPING CO (SAG) WEEKLY MULTI PURPOSE SERVICES £j i 1 Loading for Dubai (19/3), Dammam (22/3), Kuwait(2s/3), Shuhaiba (28/3), Dubai (26/3), Abu Dhabi (29/3), Kuwait (1/4), Dammam (4/4), Doha (7/4), Mina Al Fahal (10/4), Mina Qaboos (13/4) Dubai (28/4), Dammam (1/5), Kuwait (4/5), Doha291 words
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Advertisement94 1980-02-27 13 NOL NEPTUNE ORIENT UNES LTD FAR EAST EUROPE FULLY CONTAINERISED SERVICE Containers Feeder ed to/from F'stowe Also accepting cargo to/from Scandnaria Si. BMDGE S pore Closing fanes: FCI Cargo LQ Cargo 2200 27/2 1000 27/2 STRAITS AUSTRALIA RO-RO CONTAINER SERVICE A mfmbei ol th* Anro Consortium TO AND FROM AUSTRALIA:94 words
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Advertisement543 1980-02-27 13 CONFRE-ASIA PTE. LTD. MONTHLY TUG AND RAMP BARGE SERVICES. BINTULU SARAWAK TARAKAN KALIMANTAN (OTHER PORTS ON *©UCEMENfT> ENQUIRIES: TEL *****88/9 TELEX. RS ***** CONKAB CONTAINER Schedules SHIPS Ii Part SHIPPING List WEEKLY Freights vif ATi REGIONAL Weather WHO Acts Per Whom MAERSK LINE wrm ex E3K -r, mM nvv MONTHLY543 words
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Page 14 Advertisements
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Advertisement613 1980-02-27 14 LEO SHIPPING PTE LTD SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG i m MALAYSIAN HTERNATIONAL SHPPHG CORPORATION BERHAD HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 8 DAHLIA 1/3 B B PtNAGA 8/3 N. B DAHLIA 15/3 N B PJMAGA 22/3 TO B. DAHLIA 29/3 KO B PtNAGA613 words
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Advertisement182 1980-02-27 14 imi SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA. US ATLANTIC GULF AND E. CANADA wbtoi ISJ? 1 "ft *T 110,1 shu- a- > 3 a. as s •IbMrraCaUn^ rau bku bin <t as i (U|MiAM ■D BBS FU 4/3 0700 (—iifih) ia 3/3 1900 MB TONBC Fa lt/3 0700 ia 17/3182 words
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Page 15 Advertisements
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Advertisement894 1980-02-27 15 ■kpLL Overseas B Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Containershp Service To/From Bangkok CONTAROSHP SERVKE TO UR/CONTWBIT: S'p«« Metal City of EdMurgfc 2 Mb Obe Maru J Mar Karama Mara 7Mb Bremen Eipmi 11 Mar 13 Mar Maagkeag Eipress 19894 words
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Advertisement520 1980-02-27 15 ffi Franco Belgian Services I hir f\a<! h rt-tich .Servict u xth Stlgian Far Ktisttrn /.iw —-a fulcontm KtfQK P. KELAK It Mm* ft' Ami Nte| Iran I'Nf au Ite If Mr ate 24 Mr ate an* II PEAR 9 Iter MM* 2t te ate 2 Apr 3 Apr t520 words
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Page 16 Advertisements
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Advertisement682 1980-02-27 16 f^Hapag-Uoyd otake Bar Tak»E*nu express cowomomi ro nno* *W| Mam Hm A** 27/3 6/4 4/4 1/4 30/3 SqMe Aicfcman 9/3 11/3 13/3 7/4 3/4 IC/4 20/4 13/4 11/4 FULir CONTAffOBED TO GENM/TRESTE TV W S par* f Ketane Genaa Trieste 24/? »/2 m m 22/3 xn Mm Owe Man 5/3682 words
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Advertisement590 1980-02-27 16 LIKE KOREA SHIPPING CORPN ALTAR 14JW M.TMR ISOE VESA 147W VEGA 14K 6/9 Mar 6/9 Ma 7/10 Apr 10/13 Mar 11/15 Apr 7/10 Apr 11/15 Apr PENANG CAU SUBICT MDUCEMENT FMBUSAN nwcrqr TOBUSAR FMBUSAN BANGKOK TOBUSAM *SC KSC KSC KX KSC KSC KSC *SC KfC KSC KSC KSC KSC KX590 words
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Advertisement401 1980-02-27 16 EVERGREEN LINE I FAR (AST [DROP! f XPRFSS fill I CONI AINf P SERVICf li ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM ANNKRP. U HAVRE ALSO ACCEfTMG CARGO FOR: UWTEDIUNCOOM SOUIHMV lON. London, nmocster. hrmmgham BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY KMNIMEN HOLLAND Mem&AM c« aST 1 mmT™*ns»™»S7 »ST lEwrU** 14401 words
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Advertisement781 1980-02-27 16 Everett Lines Mt <Mnia Fiw Star ttippwn C«rpn. A "BURMESE NATIONAL LfNE" LOAOMG FOR RANGOON M-M(9hch»m) bftrt/af*'PACAN IS/ 3 to HTMTRWYM J VI Ito MTOrm 7/9 Mm 4/5 to tlaa*| CHM*aa« B FSS C Agants m Motoyva TEPS MALAYSIA Port Kckxta Tal Panong Tet *****/***** 'pi* »i>fCliniUfwtiwwmiS.A.C.l.F ARGENTINE NATIONAL LINE'781 words
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Advertisement451 1980-02-27 16 mo.s.E. OCEAN SHIPPING S ENTERPRISES PTE LTD. SANKYO LINE AUSTRALIA SERVICE P. Mm ftmpiri Lm*k fan 21/73 Mar 11/20 Mar MB. STD KL 1/3 Apr 4/5 Apr FREM, AMEL BANGLADESH SERVICE MVHMX 20/29 Mar CHTTAGONG, CHALNA JAPAN/STRAITS SERVICE ttnipwi f. K«ian( Nmn| PALM la Part 21/29 Feb 1/2 Mar BONANZA451 words
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Page 17 Advertisements
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Advertisement831 1980-02-27 17 fS. PIL GROUP EAST AFRICA/REDSEA SERVICE SINGAPORE/CHITTAGONG/RANGOON/SER VICES Loading For: Chittagont Madras. Rangoon SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES Pakistan National Shipping Corpn. Karachi Pan Islamic Steamship Co. Ltd. Karachi Pacific International Lines pte ltd (joint service Malaysia Shipping Corpn. sdn bhd Fltfiy PHILIPPINE INTERNATIONAL SHIPPING CORPORATION ISIC (incorporated in the Republic of831 words
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Advertisement778 1980-02-27 17 iTfjrJ BEN LINE i CONTAINERS EXmSS CONTAOKR SERMCE TO/FROM BMVf ii/i ij/j w v* v« 7/4 mn 19/3 a/3 V 4 U/4 U/« 14/4 7/4 x/j 21/1 u/4 a/4 a/4 a/4 u/4 J/4 a/4 n/4 a/4 n/4 a/4 n/4 a/4 a/4 JM 2/5 3/5 U/4 1/5 4/5 5/5 7/5 M/778 words
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Advertisement517 1980-02-27 17 Scan Dutch V Y EXPRESS CONTAINER SERVICE k/hc/scan J PWoa| fmtm Faot KIWI M >M IMU a/1 tok tm vi Mr MU IVI LM 2VJ imu an I MU 12/4 KM— M/ 4 uwpaautx. Cj-n dUiiN*n<M 'MmWMUCP t cat «"«t|utmh MONTHLY MULTI-PURPOSE/ CONTAINER SERVICE fMtm fttdtf PCM6I 1/3 KMC* 5/4517 words
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Advertisement673 1980-02-27 17 BOUSTEAD tgm, THL BANK LINE LID LOADS FOR E. ft S. AFRICA n ttu t Uii Kuntan 4/7 Apr Spore^/12*, U.S. GULF COAST SERVICE (New Orleans, Mobile, Houston, Galveston) Sfcpp** P. Katog Kuantan US GiM LOUSE LTKES (to* I MadQ »F«k/3 Mar 12 to GDOCW LTKES (*di t to*)——. W/13673 words
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Page 18 Advertisements
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Advertisement772 1980-02-27 18 K LINE KAWASAKI KISEN KAISHA. LTD. n COMI 17W MCEJM 4* N PEARL 19* C PAUL 21* (Kctpttaj cafMt to ScM*M«a m Ha«K»|) FROM EUROPE TO PAR EAST *L Ha»r?P Keian( Spore H Kong Osaka Tokyo 25/3 24/3 31/3 1/4 AGENTS: SPORE NEPTUNE AGENCIES PTE LTD T«fc *****11 MALAYSIA KONTENA772 words
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Advertisement421 1980-02-27 18 I CHFOMA/MCFK NORTH WEST SERVICE EXPRESS CMTMRER/REEFER SERVICE Im*| tar LOS MGELES. SM FRANCISCO. SEATTU. TKXNft. VANCOUVER SWTTU. TKXMft. VMCOINER. IX. P MMI Win I Vft* nh AUSTRALIA EXPRESS CONTAINER SERVICE PManf Sport Fran AM MM S* Itmr a Fa* 29 Mar 23 Nar 19 Nar 13 Mv -mm mar421 words
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Advertisement593 1980-02-27 18 >r<Mii) SINGAPORE SHIPPING AGENCIES PTE LTD .o'« F. c; ian H jhr N j J'soapori 'SO f".. )i MS 9- V '< INISi »S ."ISI MS ABC A«S«'P F AU jOSMIP MHO* Container Miics WEEKLY CONTAINER SERVICE to/from BANGKOK WT rfQKOM) miw 21/29 F* *****s vi m» mm 12/13 am593 words
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Advertisement603 1980-02-27 18 QRANARD LIME INDEPENDENT ATTRACTIVE MATES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAfNEM CAM CO -PCL ONLY FOR; PORT SAID, ALEXANDRIA, BEIRUT LATTAKLV UMASSOL, ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge MV MM QEONG *J7W MV. MM FIM6 MB 4 Apr +ttfcg Part Sa* Naawtfria 4 Bant aM*603 words
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Advertisement542 1980-02-27 18 INTRASCfI (PTC) LTD. f Houoe 234E Orch,vd Road Singapore 9 Telephone 235>2*i 1 23?«405 r AWC HMMONT M7l TOMM N873.... FT REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE KOAAR aiKftJKJII SEM/FVU CONTABO SERVICE TOEMUPE S>a* P Mai| Pawn Lm*| tar in* animup/roiiuimm 15 Ma 11 Ma BOULOOK/IRI (AVON) R!U» (Pit)542 words
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Page 19 Advertisements
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Advertisement152 1980-02-27 19 ising services MANAGEM (Specialised Equipment) m KANNIVELL LINES (RE6ULM SRVKE SUGATOKE/EAST-VIEST MALAYSIA) ETA CTA ETA VSL SPORE PEN PK LOADM6 FOR SEA LOVE I V.2 KOTA KMABALU SEA LOVE I V.3 8/3 S/3 11/3 SEA LOVE I V.4 3/4 «/4 §/4 SEA LOVE I V.5 23/4 21/4 »/4 SEALOVEIV.fi 13/5152 words
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Advertisement202 1980-02-27 19 VB-v GARWARE V*- 1 STOPPING CORPN. LTD. FPU BWBAY CMUPfIBf P KfllNr, MSHI VBHWAMTRA 14/15 MM (HUM FUfi-MLT 1170) Fa CONTMnS ACCEPTABLE SWGAPORE: STRAITS SMP SERVICES (PTE) LTD., TEL: *****61/2, *****98 P. KELANG: PSO SHPPM6 SOU BHD., TEL *****1-5 HEAP SENG TRADING ft STOPPING PTE. LTD. 1201. 12ft Floor. GoUm202 words
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Advertisement135 1980-02-27 19 jy iy PERKAPALAN LAUTAN BIRU Regular Service to East Malaysia L P g 7'-4 S StM[ r U'l 2Q221 29S •<mp. 4 ANHSING OVERSEAS LINE REGULAR SOt-CONTJUNER/UNER SRWCE S pon f Ri SM 27/21 F* STRONGWILL ENTERPRISE (PTE) ltd rrr EXCLUSIVE LASH SERVICE TO U S. ATLANTIC GULF p fetMM135 words
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Page 20 Advertisements
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Advertisement136 1980-02-27 20 EGYPTIAN INTERNATIONAL LINF iEIL) EGYPTIAN FLAG YPT ALEXANDRIA SW L N SHIPPING PIE LID Hi M 44;, MN<;APi>Rf MIP «(,f N r S HS H M SDN BH( Hi 48 JHs; m jSfp» m ju j jh 14S. P'N'V.. THE NEW STRAITS SMPPMG CO (PTE) LTD BANGKOK SERVICE ETA S136 words
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Advertisement126 1980-02-27 20 ZIK INTERNATIONAL FREIGHTWAYS PTE LTD ««N7S SK*f M£ INrf UN*IK)M 1 f&StGMl»»«»!> Ptf iTD ifIAS SI l»TI Cf*CN SDN Hrf 1 UNA* SEA CONSORTIUM (PTE) L TO. SMGAKWf 9160?? 11l RS.'IIO 1 SOB (W.fN'S PfN«N P *EI*NG M*RINF If I fN?ff?PRISf SON BMO 111 '606 Tl I P.T. "TRIKORA LLOYD"126 words
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Page 20 Miscellaneous
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Miscellaneous159 1980-02-27 20 IMM llil I Wmws N«C Regional Weather m. •y-: Mi SKS 1 M WO2 FAIR YV CLOUDY w, WO2 a £.v I SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LBGKND: Centre of Tropical Depression, nmimnin wind speeds 22 —33 knots. I Direction of movement Centre of Tropical159 words
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