The Business Times, 21 March 1980
1980-03-21
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The Business Times
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Title Section11 1980-03-21 1 BUSINESS TIMES M.C.(P) No. 111/1/8# fwday, march a. mm SO CENTS11 words
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BRIEFLY...
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Article62 1980-03-21 1 AFP JAKARTA, Thurs. Indonesia has asked Singapore to help channel more of foreign tourists visiting Singapore to come to Indonesia. Indonesia's one million tourist target (or 1984 is only a trifle compared with Singapore's (our minfcm target within the next Ave years, Indonesian Tourism director-general Achmad TirtosudiroAFP - 62 words
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Article56 1980-03-21 1 AFP BANGKOK, Unas. The European Economic Community gave a grim assessment here today of its growth prospects for 1960. Addressing a regional United Nations economic forum, an EEC spokesman said recent oil price increases had forced the community to revise downwards a L 5 per cent growthAFP - 56 words
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Article64 1980-03-21 1 UPI WASHINGTON, Thurs. The US balance of payments deficit with the rest of the world shrank to only US$3l7 million in 1979, the Department of Commerce today, virtually the zero balance for which the Administration had hoped. Compared with deficits of $14 billion In 1977 and $13.5 billionUPI - 64 words
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Article64 1980-03-21 1 AFP TEHERAN, Thurs. Foreign trade is to become a state monopoly, Iranian Trade Minister Reza Sadr said here yesterday. Iranian imports will from now be centralised through 130 trading centres under state control, the minister said. Local businessmen may still travel abroad, to seek out goods they need,AFP - 64 words
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Article50 1980-03-21 1 Reuter TAIPEI, Ttaurs/ Taiwan's Council (or Economic Planning and Development announced a 10year petrochemical development plan calling for capital investment of U552.43 billion between 1960 and 1910. During an initial five-year stage, capital investment will be $Ll7 billion andsl.26 billion in the second five-year stage, the council said.Reuter - 50 words
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Article82 1980-03-21 1 AFP LONDON, Than. The Labour opposition would win a general election in Britain today with a 125 per cent majority, only 10 months after Margaret Thatcher's Conservative government was voted raw wmr, Ifcnftpftrtnii pott published today predicted. 5 The Gallup poll conducted for the Conservative Dally Telegraph newspaperAFP - 82 words
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Article51 1980-03-21 1 LJUBLJANA, Yugoslavia, Thnrs. Yugoslav President Tito recently regained consciousness for brief intervals and recognised visitors, though he was not able to speak to them, an informed source said here today. But today's official medical bulletin warned that his general condition is still very serious and intensive care is51 words
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Article47 1980-03-21 1 AP NEW YORK, Thurs. The stock market was mixed this morning Hie Dow Jones average of 30 industrial stocks was down 2.73 to 7998.21 in the first hour, but gainers took a slight lead over losers among stocks traded on the New York exchange. APAP - 47 words
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Article135 1980-03-21 1 Rites 8*1 PnfwtiM 800 +38 Mipu Corps 080 35 Straits Tradiaf 90S +30 OCBC 800 +30 Hick Low 53S +30 fi—!!■■» 530 15 PMC 830 15 DUIM 1W ■ya IMIM 515 301 15 15 MUM Dr*d| 510 13 out 408 12 BowU«4 442 12 Falls Krual 530135 words
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Article, Illustration90 1980-03-21 1 mm nrpjjH Indices B.T. Index: Industrials: Finance: Hotels: Properties: Tins: rubbers: Mar 19 Mar 20 6382.51 6482.55 517.76 524.20 724.60 743.39 328.68 328.85 362.80 356.34 275.90 276.28 965.22 970.58 Most Active S Darby 473,000 Syn Resins 160,000 P Textile 148,000 Fed Cables 134.000 Total turnover: 3.96m Total value:90 words
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Article770 1980-03-21 1 MARGARET THOMAS - MERGER AS LAST RESORT By MARGARET THOMAS RESPONDING to the Prime Minister's request for views oo Nanyang University's future, Mr Wee Cho Yaw, chairman of the Nanyang University Council, has indicated his willingness to accept Mr Lee Kuan YeWs compromise proposal of a merger with770 words
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Article252 1980-03-21 1 GOLD continued to regain some of its lost glitter yesterday morning when prices reached US$B65 an ounce in the London bulThis recovery Hires the price about $100 above the level to which it plunged at one point on Tuesday. The market continued steady in the afternoon, with252 words
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493 1980-03-21 1 ALMOST all cassettes and radio/cassette recorders exported to the US from Singapore last year were made by Japanese-owned companies. These Japanese subsidiaries were able to sell their products at competitive prices in the low-end market while facing the same labour and production493 words
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Article298 1980-03-21 1 THE Skills Development Council, which administers the Skills Development Fund, will not be biased against smaller companies applying for assistance from the Fund. This assurance was given by Finance Minister Hon Sui Sen in Parliament yesterday. But be added that based on the number of applications received298 words
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473 1980-03-21 1 ANTHONY TAN - By ANTHONY TAN UNITED Industrial Overseas Holdings (UIOH) has flatly denied rumours that it would sell off UIC Building after the takeover of United Industrial Corporation (UIC). UIOH said yesterday in a statement that neither UIOH nor its directors i»h arranged or473 words
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125 1980-03-21 1 RENEWED -fllun l biyen at ike kmuT tfctre prices SnSttST u< twien sappert at Ike lever 11l ssnctotolj^aini to mSff 'flkae (mtM i*y>• Usheat generally steady ui Wnaeti Ml MUi to 2m IS to» eta*. fliliagir witt a II eM ola to125 words
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Page 1 Advertisements
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Advertisement14 1980-03-21 1 SAFE WITH AN ITOKI SAFE Mi nmrMHintiii ioidtMH Man. H«W<Ofl ftoad 11 Tat IHIM4X14 words
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Advertisement47 1980-03-21 1 BALLY MADE IN SWITZERLAND K "They feel lighter, look more elegant and as beautifully detailed as ever. An exceptionally attractive slip-on in 4 special colours. Black Kid White Kid Taupe/Beige Kid Brown Kid Sole Agent for S.E. Asia, Hong Kong Taiwan S.Q. PARRETT SON (PTE) LTD. Singapore47 words
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Advertisement60 1980-03-21 1 mmmz SHIPPING TIMES ADVERSE effects sf steel tar price Increase 3 WILL electronic mall replace the pestmaa? I GOLD faces a decade ef graftal decll*e imWWWWMWWMMM— 7 SECURITY Pacific sets «p sffRUBBER Trsst sharebeMers advised ts accept sffer 11 HIGHLIGHTS sf parliamentary AIRCRAFT 5, TV AND RADIO f, CROSSWORD BRISTOW60 words
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Advertisement162 1980-03-21 1 VI i V I l Doirt leave home without it w j f 4 Sfll \v: Wty/oomg MAFis omtadt tbt CBD, and s computenstdfor better *fficm»cy 1¥ you need a hand. A helping hand when you need it most: WiyfoongMAF For most people, money isn't easy to come by. At162 words
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TRADE AND INDUSTRY
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682 1980-03-21 2 SINGAPORE has become the main export market hr Sabah's cocoa producers. The Republic accounted (or about SO per cent of the Malaysian state's export of cocoa beaas la the first half of last year! Latest trade statistics show that Singapore Imported about 3.6 mllttoQ682 words
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Article202 1980-03-21 2 FEES (or public trade tests conducted by the Vocational aad Industrial Training Board (VITB) will be increased from next month. The fee for citizens and permanent residents taking the National Trade Certificate Two (NTC-2) full test (practical and theory) will be raised tram $20202 words
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Article, Illustration268 1980-03-21 2 AN INTERNATIONAL advertising agency in Singapore is studying the feasibility of conducting a series of seminars on university campuses in South-east Asia, aimed at attracting the region's creative talent into the industry. The proposal was mooted this week by Ogilvy and Mather International director.268 words
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Article, Illustration136 1980-03-21 2 BQUATRON Pte Ltd has Just been appointed the local distributor for a line of Canadian word proceasori manufactured by AES Data of Montreal Known as AES Pius or the Lanier "No Problem" typewriter, the "standalone" system consists of a display/control unit comprising a video screen, keyboard, dual136 words
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560 1980-03-21 2 A BUILDING material supplier in Singapore is believed to be planning to make and market a type of wall panels that could be used as substitutes for brick walls. Industry sources said Hume Industries (Far East) is now negotiating with an Australian firm560 words
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Article499 1980-03-21 2 SEMINARS AND COURSES March 21-22: Organisation and Methods, Hilton, Consulasia March 21-28: Credit Management, Century Park Sherton Hotel, Acumen Credit Services March 24-25: Sales Training, Hilton, Consulasia March 26-28: Finance for Nonfinance Managers, Hyatt Hotel, SGV-Goh Tan March 27: An Architect's View of the Building Industry in the499 words
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Page 2 Advertisements
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Advertisement170 1980-03-21 2 herself in this region and is wellknown for her wide range of songs which includes folks and ballads. Every evening relax with your favourite drink in the new Carriage Bar and listen to your favourite tunes. Dolly performs nightly except Sundays. Carriage Bar Open: From 11 am daily. '21 Mount170 words
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Advertisement377 1980-03-21 2 UNITED INDUSTRIAL OVERSEAS HOLDING PTE LTD (Incorporated in the Republic of Singapore) y ANNOUNCEMENT TAKEOVER OFFER OF SHARES IN UNITED INDUSTRIAL CORPORATION LIMITED The Directors of United Industrial Overseas Holding Pte Ltd (UIOH) are pleased to announce that UIOH has no intention of divesting any part of its interest in377 words
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REGIONAL
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Article472 1980-03-21 3 THE Elf Group, an international petroleum organisation, has exprcassd its dasire to help a bumiputra oO company penetrate the lubricant oil and grease market in Malaysia. This was announced by the group's managing director for South-East Asia, Mr Philippe La tour, at the472 words
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THE REGION IN BRIEF
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Article292 1980-03-21 3 UNFAIR labor practices, including union busting, will now be considered a criminal offence under a new fafll passed by the Philippine interim national assembly yesterday. In addition to criminal liabilities, foreigners found guilty of violating labour laws wUI be departed upon completion of sentence. PAKISTAN'S military fwdwhl292 words
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Article, Illustration324 1980-03-21 3 AN AUSTRALIAN tin mining company has developed a method of ore treatment that may make it economic to mine lower grades of ore, or ores too complex to be treated by existing commercial technology. The company, Aberfoyle, said the method is based on a hot324 words
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315 1980-03-21 3 Reuter AFP THAILAND'S economy last year was plagued by high inflation, worsening trade deficit and money dghtnw, the Bangkok Bank, Thailand's largest commercial hank said in a report. The country's Inflation rate last year rose to 15 per cent from 8J perReuter; AFP - 315 words
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Article244 1980-03-21 3 Reuter JAPAN'S real economic growth in fiscal I*o starting next month will fall to 4.3 per cent tram about 6.2 per cent in the current year, the Yamaichi Research Institute. an affiliate of Yamaichi Securities, predicted. The projections, made after the of Japan raised its officialReuter - 244 words
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264 1980-03-21 3 THE Matter Builders Association of Malaysia (MBAM) fears the 10.9 per cent increase in steel bar price, which came into effect on Tuesday, may have tar-reaching effects in die overall cost increase of construction projects. In a statement regretting that the government had264 words
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Article267 1980-03-21 3 AFP THE youth wing of the Malaysian Chinese Association, one of the major partners in the ruling 10-party coalition, has come out against the proposed amendments to labour laws in Malaysia. The amendments, which give wide powers to the Minister of Labour, win be debated in Parliament nextAFP - 267 words
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Page 3 Advertisements
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Advertisement103 1980-03-21 3 V > > o i i a fcj 2 a in Collection to\e P» uto et The magic and mystery of India are captured in this enchanting collection of stories. Well illustrated and simply told, this series of 4 bilingual Indian folktales have been compiled and published locally to provide103 words
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RAW MATERIALS
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907 1980-03-21 4 THE MALAYSIAN Rubber Exchange and Licensing Board (MRELB) has achieved marked success in making Malaysia a recognised world market for trading in rubber. In a statement released in Kuala Lumpur recently, the Primary Industries Minister, Datuk Leong Khee Seoog, noted that futures cr907 words
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Article576 1980-03-21 4 IN LINE with the growing importance of cocoa as a major export crop in Malaysia, the Federal Agricultural Marketing Authority (Fama) intends to set the lead in improving the marketing of the product. The new director general of Fatta, Ha# Hairiri Taib, disclosed that apart from showing576 words
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Article32 1980-03-21 4 Rubber: Mar 20 Singapore: April: 328.00 cents (np 3.60 cents) Malaysia: April: 328.50 cents (np 2.50 cents) Tin: M$2 V 285 <pp M$l&) Official offering: 192 tonnes (down 6Y* tonnes)32 words
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Article65 1980-03-21 4 THE Strafe tfapriee in Pmm| ywturtiy mt MUS per pieal to $1M aWve the laleraattoaal Til AgrManeat MTfBMld. trfbatod to finer Lmta aai New Yerfc ad▼lees n Wttaeliy aigkt with farther iae> toned iwaiai flf the US aai Earepeaa was aided by a drtjp ta fla en delivered65 words
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Article86 1980-03-21 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from Mar 20 until further notice: Bahher: 342** cents kg; Cspra: $912.08 a tonne; Pita kernel: 1965.75 a tonne; White pepper: M.614.33 a tonne; Blaek pepper: 53J0C.57 a tonne; The rates of duty payable are: aabber:86 words
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Article258 1980-03-21 4 THE SINGAPORE market closed «lightly higher yesterday with April One RSS buyers quoted at 328.00 cents per kilo, up 3.50 cents from Wednesday's close, dealers said. Morning prices were marked up slightly on upcountry and trade buying after opening initially lower on speculative profittaking and stale bull releases following258 words
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Article305 1980-03-21 4 R-A-8. prices In cents per kilo yesterday: (per kilo) (par kOo) let 1 IL&S. prompt f-o-b 300J0 Int. 1 RS-S. AprU 3MJ0 IM. 1 RS-S 1Uy 330JO UK 2 RS-S IM UK/Coat 30SJ0 Int. 3 R.S.S 301 JO UK/Coot JMJO Int 4 RS.S MOJO UK/CM M4J0 Int. 5305 words
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Article89 1980-03-21 4 NOON 8SR mi SMR frfa ym Mriajr KAI Mtn (CM Hi ■mnl k Mlfcl ifltff i;^S? moo A»rii K» S8R» S8R&0 mu (1-toa pallMI (lion piOM) n nri Marc* MLOON M7.00N moon MOON SMKCV not l SMR& SMR CP SMR 10 (1-IoiimUM) (1-MpdbO d to mBMi {1-MHM89 words
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Article187 1980-03-21 4 TARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttaa yara: Chins Blue Phoenix 20s U»; 3fc 2,775, 3,005 (per bale of 400 lbs). Pirns gnfc: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs uaq; Flower aad Butterfly unq;187 words
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Article334 1980-03-21 4 9NGAPORB: Yesterday's closing prices in SI per kUo, ex-godown: THAI WHITE: 100 per cent first das (Kangaroo) new crop 1.05, 100 per cent second das 0 JO, 100 per cent third clas 0.88, S per cent sew crop no stack, B-10 per cent OJO. THAI BROKEN: A-euper 0.08, Special334 words
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Article131 1980-03-21 4 THE MARKET in Kuala Lumpur yesterday ruled steady with prices unchanged despite some early profit-taking, dealers said. Pakistan bought 5,000 tonnes of neutralised bleached deodorised palm oil at US$64O per tonne, cost and freight April shipment, they said. Activity was quiet and centred in the southern region. April131 words
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Article181 1980-03-21 4 CHICAGO Board of Trade wheat future* closed V« cent to 5Vi cents per bushel higher with deferred March up most on Wednesday. Reports of underlying European demand kept forward contracts firm ail day, traders said. However, lack of exporter demand for cash SRW and an easier Gulf basis pat181 words
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Article213 1980-03-21 4 CHICAGO Board of Trade soybean futures closed 2V« to five cents per bushel higher in featureless late trade on Wednesday. Active European trade interest and reports that Brazil may lftnit exports temporarily gave beans a steady tone in die morning, traders said. After absorbing heavy long liquidation in past213 words
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Article853 1980-03-21 4 SUGAR: Number two raw sugar futures steadied in late morning on commission hovse, trade and stoplass coveting, closing at or near session highs with on balance gains of £3.25 to £8.15 per tonne. The market had opened around Wednesday night's final kerb levels, though an average £0.90 up853 words
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Article162 1980-03-21 4 CBINEBE Predsee Exehaage, Sagapsre, seea daatag prim per pieal yesterday: Ceessaft ell: Bulk $108 sellers, old drum $108 sellers, new drum $112 sellers. Copra: Mixed (loose) UK/ Coot $59.00 buyers. Pepper: Muntok AST A white fob 100% NLW $327.50 sellers, Sarawak white fob 96% NLW $312.50 setters, Sarawak162 words
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ASIAN STOCKS
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Article342 1980-03-21 4 HONGKONG Source: SHK Sec A MIXTURE of short-covering and renewed confidence ahead of important results to be announced soon caused the market to stage a strong technical rally yesterday. Little resistance was seen as prices opened sharply higher without a trade taking place. Dealers were hard pressed toSource: SHK Sec - 342 words
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Article397 1980-03-21 4 A BOUT of late profit-taking took some stocks off their peaks yesterday but tailed to halt another strong rally, dealers said. Metal and energy stocks proved the big gainers on the day following a firming of commodity prices in London overnight but renewed confidence in the speculative area saw397 words
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Article150 1980-03-21 4 STOCKS closed mixed yesterday, with turnover declining to 7.1 million pesos from Wednesday's 11.7 million, dealers said. Atlas Con B, Benguet Con B, Lepanto B, Philex B, Podco B, Pogei, Pioneer, First Phil Holdings and Vulcan firmed while Oriental B and Seafront fell. MAR 20 Pesos 1 Aroj* Mining150 words
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Article276 1980-03-21 4 RISING international interest rates kept speculators on the sidelines yesterday, with trading quiet, and centred on Bangkok Bank and United Flour Mill, dealers said. Bangkok Bank fell two baht to 308 while United Flour rose two to 222. Capital Trust rose 1.50 to 73, rßoonkrong Drying and two to276 words
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Article51 1980-03-21 4 FINANCIAL TIMES INDUSTRIALS Wednesday 432.0 Tuesday 431.7 Week Ago 444.9 DOW JONES AVERAGE INDUSTRIALS Wednesday 800.94 Tuesday 801.82 Week Ago... 119.54 H.K.HANG SENG Thursday...» 788.46 Wednesday I 738J2 Week Ago 800M SYDNEY INDUSTRIALS Thursday 807JO Wednesday 801.87 Week Ago tl4J8 ALL ORDINARIES Thursday 796JT! Wednesday 781.45 Week Ago51 words
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Page 4 Advertisements
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Advertisement87 1980-03-21 4 We've the family flavour.., CP c, ti 6r> < It's our big difference at Ketong Thomson Restaurant Food, glorious food, for the family l Sumptuous seafood fresh-caught from the kelong and barbecued, fried, steamed or baked, and served with taste-titillating sauces Savoury home-style dishes A la carte Chinese delicacies Lunch87 words
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OVERSEAS
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Article664 1980-03-21 5 ARRIVALS 8onrieo Local Operator Nuibor Ha« From PAA PA005 0125 NY/SPO/HKG TMA TL345 0530 BEY/BAH/BOM MAS MH601 0645 KUL MAS MH8B 0710 KCH SU SQ528 0710 DHA SIA SQ101 005 KUL MAS MHin 0840 PEN MAS MH8OT 0M5 KUL RBA B1421 0990 BWN MAS MHS71 0830 PEN/KUL664 words
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317 1980-03-21 5 AFP THE sharp slowdown in the world economy in 1979 should worsen this year before Improving slightly in 1981, a preliminary report on prospects published In Geneva by the UN Conference on Trade and Development (Unctad) said. The report, prepared for the UnctadAFP - 317 words
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Article536 1980-03-21 5 Reuter UPI PRESIDENT Carter has launched a ma)or initiative that could advance Middle East peace diplomacy while boosting his chances for a second White House term. Mr Carter announced on Wednesday be would meet Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin separatelyReuter; UPI - 536 words
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Article404 1980-03-21 5 A DECLINE in British gnm domestic product of 2 per cent and perhaps twice as much in manufacturing industry in 1980 now seems likely, the Bank of England said. The bank's forecast, made in its quarterly bulletin, is in line with the most recent404 words
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252 1980-03-21 5 UPI Reuter DESPITE record oil industry profits, corporate profits in the US economy ss a whole, hardly rose at all during last year's fourth quarter, the Commerce Department reported on Wednesday. Petroleum profits rose at a seasonally adjusted annual rate of 28 per cent during,UPI; Reuter - 252 words
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WORLD IN BRIEF
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Article342 1980-03-21 5 Agencies ITALIAN Premier Francesco Cossiga's minority coalition .government resigned on Wednesday night, plunging Italy into a political crisis as the country's far-left urban guerillas stepped up their bloody war against the state. Mr Cossiga handed in his resignation to President Sandro Pertini, 83, after the third-ranking socialists saidAgencies - 342 words
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Page 5 Advertisements
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Advertisement129 1980-03-21 5 INJ.G.L. (SINGAPORE) PRECISION CASTINGS FACILITY PTE. LTD. ANNOUNCES ITS OFFICIAL OPENING MARCH 21st, 1980 BY MR. CH'NG JIT KOON MEMBER OF PARLIAMENT FOR TIONG BAHRU i 1 ',i,. 7.5; IBta 3&i i V&iii.' L. i 2.* rjp» *5*- R *S E TF N Ml 3SS&&- "V j--4 hK MI 9129 words
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Article513 1980-03-21 6 IT IS surprising that the four Nantah Council members have chosen to reply individually to the Prime Minister's request for views on how the fading fortunes of Nantah University could be resuscitated. Unfortunately, only Mr Wee Cho Yaw's reply has been made public so513 words
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Article195 1980-03-21 6 THE Association of Electronic Industries in Singapore (AEIS) makes an understandable complaint when local manufacturers account for virtually nothing at the exports of consumer electronics to the US. And it makes a shrewd observation in noting that one reason may be the superior promotional abilities of the195 words
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Article1302 1980-03-21 6 Combine the technology of both the computer end telephone and you will get 'telematics', says France. If the French electronic mail is a success, will that mean goodbye to postmen? The Economist FRANCE hopes to do for electronic terminals what Texas Instruments did for the pocket calculator:The Economist - 1,302 words
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924 1980-03-21 6 ALLAN REDITT - *y ALLAN REDITT Reuter SOUTH KOREA'S economic planners have emerged from the deep depression caused by the assassination of President Park Chung-bee last October and the December clashes between sectors of the armed farces. Fears that Soath Korea's international creditworthiness had been irreparably damagedReuter - 924 words
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Page 6 Advertisements
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Advertisement101 1980-03-21 6 I I NOW GNE€HONG_ ADDS ANOTHER SHOWROOM IN WORLD TRADE CENTRE See the latest arrivals of China Art Pottery, Rosewood Furniture and Carpets. All are welcome. 4 G**J* GNRn t I iimtm Sfc-r :•> ws :SI 1 '■V.V mm i "ii n i lIT i !S. c GN€€ HONG CO101 words
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Page 6 Miscellaneous
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Miscellaneous1074 1980-03-21 6 Super agent Sloan SBC has very little to offer TV viewers this evening apart from the regular variety show and situation dramas which come on the screen week after week. One would expect the TV Movie slot on Chamyl 5 at 9.56pm to provide a little diversion from the usual1,074 words
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Article, Illustration1407 1980-03-21 7 DONALD F SINCLAIR - sy DONALD F SINCLAIR THERE was a report a few weeks ago that USSR alchemists had faaad a way to radiate toad into gold the commodity markets seem to be Cast turning gold into lead. Followers of Elliot Wave theories will have no1,407 words
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Article818 1980-03-21 7 ANTHONY LEWIS - FORUM, WITH ANTHONY LEWIS NYT IT HAS BEEN a truism for Democratic politicians this year, as it was four years ago, that Ronald Reagan would be an easy Republican to beat in November. After Illinois, the Democrats had better think again. Reagan's victory in IllinoisNYT - 818 words
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Page 7 Advertisements
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Advertisement80 1980-03-21 7 T T from y -f. t ar* 4 J 4 H ■*arep* v^ Ifiy 4 •'V ;i M j*®' H: v,-& ORDER FORM Mr/Mrs/Miss To, The Sales Manager, Federal Publications, Addrees: 1, New Industrial Road, Singapore 1953. Yes, please send me copy/copies of Supercers of the Seventies. I enclose in80 words
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Page 7 Miscellaneous
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Miscellaneous62 1980-03-21 7 Bristdw :FiuixkSLck^i£ DPt^.TODfty... p«e. Pe-offeNiNG, ftßr*>S CPNNTOC.N TH£>A ST J IT'S 606N C& r *\£st±.\) «e- Decoßprreo an HAS tT THPST 9*2. Oe&NftlD CX&T6J? ffejRRV, OUR 9\CmiS fOONDeC, MAS V*P»D f* WAND «s» it pyo the. u*MT(?ts3£s pfte OeesS€£> CLfcPiCAL GRG.V BLOUS€JB U»TH cowilt. COLLARS AND CUFFS AND PIN STRIFfeD62 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article261 1980-03-21 8 MAR 1* Frs CORBEILLE Air-Liquid* B S N Oervau Danone C8F (ThomsonC*f) CM Frtnciut dts Petroies Compafnle Financier* Compacnie Oeneraie Credit Fonder De France Hachette (Llbrairle) Machines Bull Mlchelm (B) Pari has Pechiney Clflne Kuhlmann Peugeot Pfiilipa <Mv Gem Be tit) Prlntempa S A Rhone-Poulence 3A Royal Dutch Suez261 words
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Article100 1980-03-21 8 MAR 19 Fri FORWARD MARKET Acer 275 4-5 Arbtd 2100 10 AfUir 470 10 Brascan 710 4 14 Bru-Lamb I486 -14 Canpac 10SH -14 Cock 300 40 De Beers 283 6 F tye% 1030 •15 Electrobel 5300 unch Gb-lnno-Bm 2245 -15 n#% 032 40 Hobok 2060 4 ISO Pflro100 words
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Article213 1980-03-21 8 MAR 19 Dtn Aet-T»Wun*en 34 30 AJtao 20 70 -0J Atli Leben ***** >9 Alii Vera moo unch BASF Bay H T Wbank Bay Vbank 137 50 222.00 258 OOB 04 unch unch Hi] lift 00 +0.7 HBP atat 4 BMW IMflDB r..»m 314 00 1 Chen Vtrv 290213 words
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Article160 1980-03-21 8 MAR 19 Pis ABN 299.00 >2 AhoM AkJO AMEV Amlu Amro Bank 67. 30 22.90 88.90 90 00 5600 0i2 ♦Oil unch 2.3 +0.9 Berk"** 40 MB ***** 15 Bote Bartomij »00 '.M 00 -3 Byenkor?*--™ OUWMU Hit SS 30 1S1S0- 9J 0.6 5.4 90J0 12X20 2.1 +17 Fokker160 words
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Article192 1980-03-21 8 MAR I* Francs Action* Suuses Aluulur Br Alusulsse Rcf Brown Boveri Br. Clbe Geigy Br 276 ISO U2 1(10 itao 1 10 2 10 30 Clba G*ny PC Cite Gei*y Rn Credit Suuic Br Credit Suisse Ref Elektrowatl Br George Fischet Br Olotai Pc 800 60S 2235 422 2200192 words
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Article109 1980-03-21 8 MAR It Lire Am r a 0.S Assoc Cl*n 4 7900 660 Bkstocl m 12 Oninlf 9100 200 rial m 20 KiiukMt 81 JO 4 .5 G*n Inmob MM 1 in Pti 2410 30 lUlcemenU ***** 1 ID Italcu Ml 10 ItaJuder 386 25 125 mmiwii m n 803109 words
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Article198 1980-03-21 8 MAR IB CI AtMUbl ID'. A Iran S3', r« AlfOfna 33'. i'« Bank Monl Bank Mora Scdtia 24 1 Br II Tel Belli Corp 1' BP Can Ud 41 Brascan n Camp Red Lake w. 3'i Can Imp Bk 23'. Canpar 41 Canpac In* Pf Car ling OKeefe T'i198 words
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Article298 1980-03-21 8 MAR It fUnd INDUSTRIALS A Alpha 280 5 Aberrom —290 10 AE And CI 005 5 AMir 2100 unch Barlow* 900 50 Cf Sugar IIS -5 CN A 4306 10 Curne PI nance 1506 Dp Beers Ind 2450 unch Edcon 410 5 Edgars Eve ready Fed Voik 300 -ft298 words
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Page 8 Advertisements
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Advertisement151 1980-03-21 8 Where to wine, dine and entertain Trade C< Delectable local dishes and Western lunches set in daintily stylish ft Scandinavian decor. t^Srn, Popular SELF-SERVICE lunch daily.. From 10.30 am to 3.00pm and jQEiSk snacks from 3.00pn spm You've got to try it <o believe! Fabulous harbour view k OOUHMOMm Sentosa151 words
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Advertisement136 1980-03-21 8 ,s For drinking. For duncim tor dcFigl >tyul evenings. Al//\u h\ liu\ hu\ b/tt niutiorhu of 'l.afldnfj A s f«*111 I I 'nik Sill lIIImII S|| 11 M l|' $m r A?' vm Lfe HUGO'S BUSINESS fiP LUNCH Hors d'oeuvres trolley Roast m* ft* s"<P -.*1 I prime rib of136 words
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Advertisement172 1980-03-21 8 See Page 4 for Asian stocks e See Page 9 for NYSE prices V -5 V. Dine at Dragon Palacc ,r z\ .<* H.n <> «i rov«»! f«-<»st < >r*%. cifijoucsc* deli< *u i«'s 'iici)ior<iblc J V|»«'ri('nc»' Quirk I lon<{ K< >n<} mi Sum Lunch «iv dailv.. v HP (Cockpit172 words
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Advertisement182 1980-03-21 8 Safay, Sunday, Monday...every day People reckon we have the best Satay this side of the club Another specialty is the selection of typicaily Cantonese favourites And of course, our very own Flavours of Singapore The comfort and serenity of Hin's And Hilton style Hin's Top of the Hil»on. Lunch and182 words
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Advertisement215 1980-03-21 8 Wtoe, Dlm Idu la Casy Atmapftteres* The ban Steak House it elegant in decor and cony in atmosphere. We serve Juicy steak specially air-flown or troaen, chicken fillet countrystyle, specially arranged park chap, set lunches, hot snacks, etc. Relax in our eaacutive lounge with your Mends/ business associates over drinks.215 words
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MONEY AND EXCHANGES
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Article469 1980-03-21 9 THE UJS. dollar generally weakened against major currencies in the foreign exchange market yesterday as Eurodollar rates eased slightly. Prom an opening oi 248.15/25 against the yen, the US dollar was traded up to 248.60/70 in the absence oi intervention from the Bank of Japan. The market was469 words
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Article22 1980-03-21 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.2 per cent.22 words
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Article165 1980-03-21 9 ASIAN ASIAN currency deposit Interbank rates as at close on March 20: 7 days 1 month 2 months 3 months 6 months 9 months 12 months UBIMkn<8pt) 16'. 16 18 17% 18H 18% 18% 18H 18% 18H 179/16 177/16 17 "4 17% 8w/n. Dm 1 month 3 months 0 months165 words
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Article49 1980-03-21 9 RANGE o* price* offered by discount houses on March 20: Overnight: 3 TO Call deposits: C Ti Clssteg BajriBf 8« iliac 3-month Treasury bills 7 6 > 3 month Bank bills 11 10 3 months CD 11 5/16 11 3/1# 6 months CD 117/16 115/16 Source: National Discount Co49 words
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Article335 1980-03-21 9 GOLD futures in Singapore yesterday closed sharply higher compared with overnight levels in moderate trading, dealers said. Trading was suspended for one hour yesterday morning as prices opened limit-up across the board following the metal's sharp gain in New York on Wednesday night. The market then rose further in335 words
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Article153 1980-03-21 9 THE U.S. dollar yesterday traded quietly steady at slightly lower levels against major currencies with most operators on the sidelines awaiting fresh developments and uncertain of Eurodollar interest rate trends, dealers said. The dollar recovered slightly to 1.8680/85 marks from an early 1.8670/75 but was still below New York's153 words
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Article57 1980-03-21 9 AUSTRALIA/NZ quotes yesterday: US dollar 1.0894/1.0846 Sterling 0.4976/0.4918 Ninerty day air mail buying rates Sterling 0.5250 US dollars 1.1527 Ninety day forward buying rates Sterling 0.5070 US dollars 1.1118 New Zealand Reserve bank midrate US dollars 0.9500 Trading bank indications Sterling 0.4344/0.4314 US dollars 0.9550/0.9450 Ninety day air mail57 words
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Article308 1980-03-21 9 THE U.S. dollar yesterday opened easier on Par East levels and continued to decline in early trading in reaction to a further fall in Eurodollar deposit rates, dealers said. The dollar slipped to a low of 1.8635/45 marks after opening at 1.8850/60 and compared with 1.8680/85 on late Hongkong308 words
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BANKING AND FINANCE
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463 1980-03-21 9 AP WITH plentiful money derived from the profits of the oil producing countries, borrowing from banks woridwide soared above the trillion dollar (US) mark in 1979. The International Monetary Fund said borrowing was stimulated both by the existence of that surplus and by theAP - 463 words
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Article62 1980-03-21 9 HARD currency oil importing countries could float loans with oil producers as a means of recycling Opec surpluses and filling the payments gap created by rising oil prices. EEC Energy Commtsriooer Guido Bnumer said at the annual conference d the West German Food Industry Association the problem of62 words
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Article173 1980-03-21 9 NYT WEST GERMANY'S central bask has caßsd lor the lifting of Mme capital controls to help (tm aatton's currency on foreign-exchange markets, which could expand the deustchemark's role as a WW» currency, lfe Bundesbank wants to change rules that limit foreign purchases of promissory notes to thoseNYT - 173 words
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Article324 1980-03-21 9 AFP INDUSTRY leaders in Tokyo tear that rising Japanese interest rates will dampen business activities in the nation excessively. Commenting on the Bank of Japan's decision to raise its official discount rate by 1.75 per cent to a record 9 per cent per annum, executivesAFP - 324 words
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Article209 1980-03-21 9 Reuter JAPAN'S Finance Ministry has given Japanese banks and foreign banks operating in the country three-month quotas for conversion of free-yen deposits, Ministry officials said. The measure involves the conversion of yen held in Tokyo by non-residents into domestic yen through inhouse accounts between head and branch officesReuter - 209 words
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Article516 1980-03-21 9 THE Asian Development Bank has decided to raise the leading rate from 7.1 per cent per annum to 8.1 per cent for loans approved on or after Jan 1 from its nary capital resources. This does not affect the terms on loans made from the516 words
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Article117 1980-03-21 9 Reuter THE PROPOSAL Is establish aa Aseaa barters acceptance market b Hkety to face serisns preMeas. A panel si seator haafcbanking stoksb In Malaysia, eisctolti that the pripiil, new aader tte Ore Aseaa esnntries, weald hwlw the intricacies sf saeaetary Bank Baaipntra chair■mb Kamarai Ariffla saUReuter - 117 words
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Article134 1980-03-21 9 Reuter JHE FEDERAL Reserve Board limited interest rates on debt instruments issued by a bank holding company in denominations of USJIOO,000 or less and with original maturities of four years or less. The Fed said obligations of $10,000 or more with original maturities betweeu six months and 15Reuter - 134 words
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Article62 1980-03-21 9 Reuter THE Reserve Bank of India raised the value of the rupee against sterling to give a middle rate of 1746 rupees to the pound from 18.05 rupees, it was officially announced. The new ratea, which came Into effect this week give a buying rate of 5.6180 pounds toReuter - 62 words
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Article436 1980-03-21 9 SECURITY Pacific National Bank, America's tenth largest bank in terms of assets, has established an offshore hanking branch in Singapore. Mr Brian Rourke, vicepresident and maingv of «the Singapore branch, said the hank applied for an offshore licence last October and received approval hi early January436 words
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Article112 1980-03-21 9 PHILIPPINE President Marcos has laid the groundwork to increase the coontry's interest rates ceilings by amending the existing usury lav. Through a presidential decree, Mr Marcos authorised the Central Bank Monetary Board to prescribe higher interest rate ceilings according to prevailing economic inri «nrbi conditions. The amendment112 words
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Article73 1980-03-21 9 THE Bank sf Takye aammmmi a half nelat toereasa la Ita Bagnpses prime leadtag rate la 12 per prime «Tttoreh 11, when It sieved the rate ap by half a paint la 11V* P< Me*«rMle t—(lfng that their •hart term print rales will go an by I.H print73 words
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Article1258 1980-03-21 9 NEW YORK THE NEW YORXstock market on Wednesday cloned higher in active trading helped by strength in oil and precious metal teats. But bine chips lost ground. The Dow Jonss industrial average lost a fraction but advances led declines three to two. Turnover slowed to 37 miDieu shares1,258 words
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Page 9 Advertisements
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Advertisement251 1980-03-21 9 ECICS Tha Export Crtdil inturanct Corporation of Singapore Ltd., a compony sponsored by the Singapore Government, is now in its fourth yeor of operation. The Corporation exists to promote the expansion of Singapore's trade and industry, ft does this by insuring exporters ond bonks against the occurrence ot commercial, politico!251 words
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1324 1980-03-21 10 BID tad oflcr pikio IM iad buMw» to and reported is the Stock Exchange ofafitofipore ywetarday with the of sham traded above in btaclwu la toll of 1.90 tmdXM, mkm othenrtoe SECTION ONE a INDUSTRIAL COMMERCIAL BVr ttiaßiSWroiom I.MCD Baa (0448)(3)044W (33)646(3)1,324 words
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Article132 1980-03-21 10 (MMatOT* prim hr Mar B) (CarrMt pr laaa) TW Commerce LB LB Iaraaar Boad LB LB ntSMtaprw L<7 LMkd S'pone Pmf ruad LM LB S*porc Sac. tad LB LB BJJUWBB runu 3-por* Iml tad S'pcr» Equity tad LB LB L4T LB Br Bar a> MUDWT1 SWT FM B'putra132 words
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Article2577 1980-03-21 10 1, r Gr"s Gr*s Net 1 fa 17*1060 ■k LAW Cmmit Last Bale Mr Dhr CSrr TM P/E 4L Vol (HMAl HI. Day rfc LnOW t SECTION ONE INDUSTRIAL COMMERCIAL n sa 14 4 I 307 nr 110 us hi Acma Alcoa Allied Choc B^iT 'SSSo* 42,577 words
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Article1580 1980-03-21 10 J BID and offer prim «rflMaiiy listed and bufami in reported to the Kamlm IjimpMr Stock Exchange yesterday with the «wwhfr of rinra traded shown in brackets in lots at 1,000 units, unless other wise specified. mnaniuu iMM(UUUK) IJsibili (UB) (l)SJI IMb (11» 1196) (J) 114 (4)1,580 words
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LATEST RESULT
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Article45 1980-03-21 10 has reported an after-lax profit for 1979 of MJ2.39 million (loss of $548,000 previously) on sales of 141.22 million (118.79 million). The company has declared a dividend of 17.5 per cent (10 per cent) lea tax, payable on June I to share-45 words
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Article, Illustration483 1980-03-21 10 THE SINGAPORE itMk market yesterday i»« a farther lajeettoa sf eeafldeaee ai kayen MRai la, Bfttag prices sttgktly akeve tkeir averaigkt levels. Bat wklle seatlaeat Men are still o!mUta« tta severe skakeeat raeeatTke Braaer tread saw eeeaaloaal laterrapttoae aa sellers reappeared aad at theeai of483 words
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Article572 1980-03-21 10 BETTER buying support helped prices to recover some ground at the Kuala Lumpur stock market yesterday. The market opened on a quiet note. Most traders were still cautious though deals were done slightly higher and continued Ught support gave the market a steadier tone. But572 words
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COMPANY NEWS
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Article99 1980-03-21 11 THE Jack Chia-MPH group, which recently sold its shareholding in Malayan Credit, has now acquired two small shell companies called Emerford and Fairford. JC-MPH said it intends to use these companies for investment holding. Each company has an authorised capital of $25,000 and an issued capital99 words
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Article181 1980-03-21 11 ULD Suit finnBieiiil Ininstrtis (M) BM: AGM to be held at No 23 Jalan Hussein, Ipoh, Perak at 11.45am on March 22. x Jehan Holdings Bhd: EOGM to be held at Azman, Wong, Salleh 4 Co, 4th Floor, Kompfrhs Kewangan, Jalan Raja Chulam, Kuala Lumpur, at 12 noon181 words
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621 1980-03-21 11 STEVEN TAN - By STEVEN TAN in Kuala Lumpur SHAREHOLDERS of the three Hongkong rubber companies which are being wooed by Gen ting Berhad have been advised to accept the HKJ414.17 million cash offer by Genting. In his letters to shareholders of Rubber Trust, Amalgamated Rubber and621 words
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Article284 1980-03-21 11 Date La rfPill Yc mr Ctapuy n.j.j renti AanHcf Net EPS OTMI Pretax 7;. last year <«■*> Dir. Pndt <%> <n*> M'wata Steel i 22/12 12.4 10.0TE 14,803 Nat Iron F 7/2 57.8 al7.9 37,679 UOB F > 27/2 19.0 all.4 35,829k UOF F 27/2 17.5 10X1 6,455284 words
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Article460 1980-03-21 11 Cvmt Pajrwat Bx Date Book. Cloee Date Payable Total for Total for tke year Prerioua year WK.. PriM Kiar* Sol Nata SPTwSly T CMMI U AC B UiU»| MBS AAmI Him (M) KSMte A HHui Tta Bali Kmiti T«MH COM Coacpiut Him PB P Merlia Goodwood Park H460 words
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Article198 1980-03-21 11 COMMIT Particulars Ex Date Books Close Tenartoh Sine Darby G Kent S«l Prop TTnt Pu Malayan DBS St Steaa Ltd Mai Saa Vlaw OUB Sup Corp Bonus Issue of 1 (or 1 Bonus Issue of 1 for 3 Bonus Issue of 1 for 2 Bonus Issue of I198 words
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529 1980-03-21 11 AFTER an impressive showing last year, Malayan United Industries (MUI) has now forecast a pre-tax profit of BOt less than MJ9.6 million for the current year ending Dec 31,1980. At this profit would represent a tremendous leap from the $Ld million529 words
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Article564 1980-03-21 11 ■arlmt Talk... TRACTORS Malaysia, which is 72.7 per cent-owned by Sime Darby, has been recommended by Britishbased stock broking firm Laurence, Prust as a share "worth buying**. In its latest issue of ftr East Weekly News, Laurence, Prust said that lor the current full year,564 words
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Article, Illustration525 1980-03-21 11 mm astasia»*, HOCK LOCK SIEW IT IS learnt that Malaysian investment circles were somewhat surprised by Negri Sembilan Mentri Besar Datuk Rais Yatim's opposition, expressed last week, to a Sime Darby takeover of UKbased Guthrie Corporation. This seems to be the first time thatHOCK LOCK SIEW - 525 words
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178 1980-03-21 11 on the sale of 30 per cent of its wholly-owned subsidiary, William Jacks 6 Company (Malaysia) (Jacks M). The exchange wants to know the number of shares sold and the aggregate value of the consideration received (including the terms of arrangement for payment),178 words
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Article17 1980-03-21 11 said Mr Teh Kin Giap has bee»:< appointed alternate abettor** to Mr Teh Klen Pung. <17 words
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Page 11 Advertisements
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Advertisement186 1980-03-21 11 HARD TIMES? Despite a creditable growth rate of 9.3 per cent last year and a generally cheerful" Budget. Trade and industry Minister Goh Chok Tong warned of "difficult years ahead. The editorial of the March issue of Singapore Business discusses some of the possible problems We aslo look at the186 words
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Article511 1980-03-21 12 hi THE Economic Developant Board promoted 244 ■snyfacturing Joint venture* btuwcu local and foreign interests in the eight years from 1973 to tfl». "Investment committed by these ventures amounted to H. 3 billion, distributed over a wide range of manufacturing activities. I-This vas disclosed yeeJtifday by511 words
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Article383 1980-03-21 12 THE FINANCE Ministry's mjinaates for loans to iogjfastrial and commercial iMsi prises for the coming year, which abated a Jefty -400 per cent increase, were questioned in Parliament yesterday. •Mr Ng Kah Ting (Ponggal) noted that estimates for the year had doubled from MOO million to383 words
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Article247 1980-03-21 12 XHE Immigration Department's computerisation programme will hasten the processing of applications for psssports and other documents and will relieve the public of die chore of filling In complicated forms. XMr Chua Sian Chin, Rome Affairs Minister, indicated this during the debate on the estimates for his ministry247 words
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Article770 1980-03-21 12 LONDON, Thurs. Higher gold sham were the feature of a generally quiet market, dealers said, sad at 9pm, the FT index was up IJ at 43&1 Gold producers showed gains ranging to USJS is sympathy with the stronge» London bullion price. Short-dated government bonds tktfted up to 3/11770 words
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303 1980-03-21 12 CYCLE Carriage (C A C) has announced the sale of a further 21 per cent stake in Malaysian-based Cycle and Carrisge Bintug at a price of $2.70 per share. Upon completion of the sale, C A Cs holding in Bintang will303 words
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Article71 1980-03-21 12 THE International Monetary Fund ha« releaasd the Invitation to Bid forms for the not monthly gold auction to be conducted on behalf of the Trust Fond on Wednesday. Copies of the Invitation to Bkl, which set oat the terms and conditions for the auction and contain the71 words
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Article51 1980-03-21 12 THE Singapore Polytechnic and the Ngee Ann Technical College are conducting a Joint survey to find out the relevance of the training provided by them in relation to the needs of industries. The survey is conducted with the assistance of the Economic Research Centre and the «University of51 words
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Article361 1980-03-21 12 ASEAN should welcome foreign participation as a catalyst for technology and market development in its move towards developing its food processing industries. The director of the Department of Trade, Mr Ridzwan Dzafir, said the obstacles to further processing of Asean's food and other primary produce361 words
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324 1980-03-21 12 SMAIL firms in the electroplating industry consider pooling their resources to build a central treatment plant for toxic The can was made by Dr Ahmad Mattar, the Minister-in-charge of the Vocational and Industrial Training Board. He was speaking at the opening of a324 words
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Article204 1980-03-21 12 THERE is a nsad for more professionalism in fastgrowing small hiislnr ssi s. particularly tn the formulation tf strategy. This is the opinion of Mr IR Macdonald, director of corporate planning at Guthrie Singapore, who was speaking yesterday at the ninth business luncheon of the Indonesian —Insss Association204 words
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137 1980-03-21 12 THE International Air Transport Association (lATA) will soon appoint for the first time an Asian to bead its Asia and South Pacific regional office in Singapore. Mr Aldra Kato, now staff vice-president of industrial affairs of Japan Airlines, will take over as regional director137 words
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229 1980-03-21 12 THE COURT of. Appeal yesterday upheld a High Court Judgement award (or *1,<61,168 to the First National Bank of Chicago in its dvil suit against a company director. The bank had claimed the sum tram Mr Thoo Sang, one of tour directors of229 words
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Article230 1980-03-21 12 THE INDUSTRIAL Arbitration Court (lAC) yesterday ordered Kwong Soon Engineering Company to pay in tall the 1978 National Wage* Council recommendation to its U launch crew-employees. Kwong Soon's representative, Mr Cfciag Kwong Kuen, a-company director, said that tibe company was prepared to the pay the230 words
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Article91 1980-03-21 12 SINGAPORE will Anwrtww to bear its share of responsibility as a developing member country of the Rronomic and Social Commission for Asia and the Pacific (Escap). Speaking at the Mth session of in' yesterday, Mr Rahim Tshak, the senior minister of state for Foreign Affairs91 words
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Page 12 Advertisements
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Advertisement55 1980-03-21 12 cQVQR/mwm Charles Fulton (S) Ltd on their 7th Anniversary and the opening of their new Foreign Exchange Dealing Room i I designcraft associates interior designers furniture manufacturer Suite F3, Singapore Hilton, Singapore 0923 Tel: *****65, *****37 i Designers Furnishers for the elegant Foreign Exchange Dealing Room the entire 12th fir,55 words
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Advertisement0 1980-03-21 12 ;;}];`_)["%;]/=)>-|)."@~(/>~%=;0 words
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Advertisement270 1980-03-21 12 Wfe have a history of making money grow Lombard Norttt Central is part of one of the world's largest banking gftt/Mwz groups and we have a history whicHWTl 5 E M covers more than 100 years. fljfl We offer a range of deposit J schemes which will Mmytigflfcite produce maximum270 words
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Page 12 Miscellaneous
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Miscellaneous59 1980-03-21 12 WEATHER Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Smart far U bears prter to 7Jt mm, m Mar Mat the airport. Maximum temperature ..32.4 Aaaodated humidity 68 Minimum temperature 22.5 Associated humidity 100 Hours oi sunshine 5.50 Rainfall in millimetres 11.3 Total rainfall for the59 words
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SHIPPING TIMES
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PORTSIDES
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Article86 1980-03-21 13 Reuter AMSTERDAM port workers belonging to the FNV Trade Union Federation have been asked to strike for 24 hours from midnight on Wednesday in protest against the government's wage policy, port employers said. However, they said it is uncertain how many workers will join the strike as, althoughReuter - 86 words
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Article61 1980-03-21 13 Reuter BELGIAN Shipbuilders Corp is to supply 24 patrol boats to Indonesia for its customs service at a cost of two billion francs. Group member Meuse et Bam bre SA said 12 of the vessels are being sent ready-built and the others in parts. Other members of theReuter - 61 words
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Article65 1980-03-21 13 AFP THE PHILIPPINE Customs Commission has approved a 50 per cent increase in customs brokerage rates. The rate increase is expected to raise the transport costs of export and import cargo passing through three major ports in Manila. Some 1,000 licensed customs brokerage firms in the ManilaAFP - 65 words
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Article39 1980-03-21 13 AFP SANKO Lines of Japan has signed a big contract with the Portuguese Lisnaye shiprepair yards. The deal concerns 35 oil tankers and supertankers. Lisnaye will repair the vessels and wmw» them conform with new anti-pollution norms.AFP - 39 words
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Article584 1980-03-21 13 LINDA TAN - AFRICA, NZ SERVICES By LINDA TAN BAKKE-SIME Darby Shipping has secured two more agencies with new regular non-conference services to South Africa and New Zealand. Starting from next month, Bakke-Sime Darby will be the agent in Singapore and Malaysia for Orange Shipping Line of South584 words
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Article550 1980-03-21 13 SMpfteg UM Page Cat Adriatic IV 5 Afea VI 3 Alfred vn 2 All trans VI Alpac VI 5 Angkutan VI 4 ANL i 1 APL m 4/5 Argentine IV 4 ASCL m 1 Asia Merchant IV Atlas VI 4 Bank Line V 5 BBS n 4/5550 words
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Article, Illustration265 1980-03-21 14 MOBIL to deploying its new marine geophysical weasel, the 2£74-gross-ton TW NeMm for "footing offshore" In Indoor siaa wators. AccMfmed by tte aO company as "the largest aat tost modem or its type in opefiiha fWtoii in the world today**, the flMie Mp stopped over265 words
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171 1980-03-21 14 THE UNITED StotM kput Caart ku hb—Mj nMtlatlfeiCNrttfChfett Sad af eMtneUw"luh afM aiMac n( lw it pt4 HMky UB (MMI. Ik* patttaaar It Ike mm waa AmmAl Bappty Ce lae. nM ea Mr miM la part fcy Ike U8 Cadiin BrtMk171 words
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Article1025 1980-03-21 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival U advised by the Shipping Llne/Aient and Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority premises during Vie following1,025 words
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Article1460 1980-03-21 14 THERE was do expansion In grain trading on Wednesday but firm conditions persisted with cargoes fixed from the US Gulf to the Netherlands at US$l7 (flo) for April and from the US Gulf to Japan at $25.75 (flo) for April/May. A cargo of grain products, 9,800 long tons,1,460 words
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Article, Illustration708 1980-03-21 15 BOOST FOR SUEZ SHIPPING AP IN A SYMBOLIC second union of the Red Sen and the Mediterranean, a new bypass was inaugurated on Wednesday in the Suez that will permit simultaneous two-way traffic along one-third of the waterway. The new channel is part ofAP - 708 words
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166 1980-03-21 15 Reuter A/S DET OeAtaslatisfce Kompagni (East Asiatic Co) sfid it has signed an agreement in Hongkong to build a container factory in China. The agreement between East Asiatic. China Merchants Steam Navigation and China Consortium is the first (or such a factory to beReuter - 166 words
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Article92 1980-03-21 15 AFP THE BRITISH Royal Navy has taken delivery of the biggest warship built for it in 25 years a 19,000-ton anti-submarine enter. The Invincible, handed over at Portsmouth on Wednesday, is a new type of vessel, resembling a small aircraft carrier. Equipment includes five verticalAFP - 92 words
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Article, Illustration446 1980-03-21 15 ■AFHTEII ARRIVALS TODAY UPPBi WHARVES Choeei Maru (Ro/Ro) (1200 after Kola Sen ton) 10/11 Frotario (after Lanka Kalayani hauls, (baft not to exceed 9.75 m) 44 Gavrfll Kirdishcbev (Roj Ro) (after Feng Yl) 35/31 Jalamurugan (after Telamon)o/7 Lanka Kalayani (hauls after Riverbank sails) 45 Ludtag (after King446 words
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4310 1980-03-21 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 of4,310 words
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220 1980-03-21 20 Reuter CONFERENCES covering the trade from Europe to Sri Lanka have announced the following currency ad- justment (actors (CAFa) for vessels starting to load at individual ports from March M: Continent-Sri Lanka to plus 21.5 per cent from 24.5 percent UK-Sri Lanka toReuter - 220 words
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Article1095 1980-03-21 20 ORIENT EXCHANGE COASTAL vessels trading domestically in the Philippines, Malaysia Indonesia are enjoying a mini boom. This is particularly true in Indonesia where it is difficult to charter an Indonesian flag vessel because of prior commitments. There is a definite shortage of barges and landing1,095 words
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Article135 1980-03-21 20 "■Hie major shipping consortia operat- lng between the Far East/Europe mv and Straits ports/Australia and the IIDCS. ACE (FAR EAST/EUROPE) Franco Belgian Services. 'K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. fv Yane SWncine. ANEO (SIRAITB/ AUSTRALIA): Australian National Une. Australia/Straits Container Line. Nedlloyd135 words
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158 1980-03-21 20 APP FRENCH aathertties hM« wfcwi swaers sf the «naUMTISa the Preach p—l weald tehe acttea. Aymtr AehOMetM, ehatnaaa sf the eaMaet'a «•eitUai uli I the ewMaa tefl te tehe stepe mm to pamp efl eat e( the hew, er refloat It, they will farMtAPP - 158 words
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Article1408 1980-03-21 20 The lesdißg shipping lines operating frem local perts and the Agents whe handle cargo bookings for them* I A B Adriatic Caatateer Container Feeder* (S)/Cargo Freight (PK). APEA Singapore Shipping Agencies (S)/Euro-Aaia Line (PK/PN). AIM C Twfta Ses Consortium (S)/Marintex Enterprise (PK). Alpae Intrases (S)/Yeo Shpg1,408 words
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Page 13 Advertisements
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Advertisement249 1980-03-21 13 Scan Dutch V Fast and Regular Service To/From N.C./SCAN/W.MED./U.K. Singapore Tei *****1. Port Ketang Tel *****1. KuaJa.Lumpur Tef *****. Penang Te1.*****6 i \kl)i\i <v h v.- I I I *4^ (lIV is LOOM IK I 10 4 n VKST/EAST COASTS (STRAITS CARGO VIA FEEDER TO/TROM HONG KONG) UMdtnr SLMB M249 words
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Advertisement316 1980-03-21 13 sail *51 SEA LOR I) ANTAII UASC UNITED ARAB SHIPPING CO'SAG) r<f*]i\ Niii k M Hall WEEKL v MULTI PURPOSE SERVICES S pare 1 Loadinf lor Dubai (6/4). (12/4). Shut MM (9/4). Kuwait (15/4). Doha (11/4) Dubai (7/5), Abu Dhafc (10/5). Dammaro (13/5), Kirwait (16/5), Doha (19/5), Mma Qaboos (22/5)316 words
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Advertisement170 1980-03-21 13 NT LINES LTD a>: TAR tAST TUROPT fUIIY CONTAINERISED StRViCt Ji .li'T'M hk comma aav »l« r. mm »/3 27/3 1/4 2/4 l«/ 4 11/4 15/4 14/4 a/4 a/4 a/4 24/4 14/4 15/4 17/4 a/4 a/4 22/4 a/4 2|/4 21/4 4/5 5/1 4/5 •/511/5 11/5 14/5 11/5 15/5* 15/5 21/5170 words
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Advertisement166 1980-03-21 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the Work). Singapore Tel *****1 Port Kelang Tel *****1. Kuaia Lumpur Tel *****. Penang Tel <*****6 CONTAINER SeMik* n LONDON Freights n/m SHIPS la Port m SHIPPING LW VII ORIENT Exekaage vm REGIONAL We»tfaer vm WHO Acta Far Wtom vm MAERSK166 words
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Page 14 Advertisements
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Advertisement384 1980-03-21 14 BmZ IFO SHIPPING pte i in SiNf^POßfr PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KEI ANG PtNANf, •r'To J| i fil f .Mm%*3CO*PO*A-nONBEXHAD HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 s 3 u X mm Wto aJvLr 12/19 Apr 9M 7/9 Apr 22/21* 29/27* 19/1219* BW 6/8 «*y Wlto 2/9384 words
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Advertisement202 1980-03-21 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA trfOK CM MM Mi O* ran «M Mb mm 111 Ma Mi *21/1 11/* 2/5 7/5 9/5 It/5 12/5 13/5 11/5 22/5 1/4 7-1/1 H/4 */5 31/5 itl 4/* U/» li/» 23/4 21/4 8/« '-3/5 1/4 4/* l/l202 words
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Page 15 Advertisements
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Advertisement565 1980-03-21 15 Overseas B. Containers Limited Woofcly —evict tortfom UK/Europe f STRAITS SHIPPING y Singapore to Sebeh, Sarawak, Brunei Porta and Bangkok ASS ana 19 May nmi 12 te 14 te IS Jh 17 lIJM IBM W Mm IMB* Ul TIM nMRSSTM CM (ARlto ,'JM 4 ate ate ate ate ate ate565 words
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Advertisement400 1980-03-21 15 Franco Belgian Services t A ,t Fast French s« r» t,fh l<)ian Far F< s:, r». WM. CWW> WWg FMM WK UMmt rta HVq hi I'M* r*m HWf ha Iwmf U Mat fMa ta U%r 13 17 Apr It Apr 21 «pr lOCATOI lite 27 Fak 2lf« *Aa AIM JAM400 words
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Page 16 Advertisements
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Advertisement662 1980-03-21 16 Hapag-Uoyd kpM 1/4 4/5 10/5 1/5 29/4 HMM* S/4 7/4 11/4 1/5 lft/5 21/5 12/5 10/5 'NalUMn 24/4 27/4 11/5 21/5 2/0 20/5 24/5 RUT CONTMOBQ) TO 6DOA/TIOTE IV W fin P. K«M| Gmm TiMt MrtMnaMa 17/3 11/? 23/3 24/3 12/4 19/4 Om+m MM 30/3 1/4 4/4 0/4 24/4 2/5662 words
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Advertisement488 1980-03-21 16 1 LINE. KOREA SHIPPING CORPN VEGA 147W VEGA 14* ALTAR 151W ALTAK 152E P. Kelang 10/13 Apr STORE 14/17 Apr 9/13 Apr 14/17 Apr FM BUSAN BANGKOK 10/13 Apr 14/17 Apr TO BUSAN 9/11 May 12/15 May FOR BUSAN BANGKOK 9/11 May 12/15 May TO BUSAN PENANG CALL SUBJECT INDUCEMENT488 words
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Advertisement516 1980-03-21 16 ©EVERGREEN LINE FAR kAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCIPTWG CARGO FOR; HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. LE HAVRE ALSO ACCEPTMG CARGO FOR: UNITED KHGOOM SOUTHAMPTON. lONOON. MANCHESTER. BMMMGHAM. BRISTOL, LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BKMfttttVFN HOC LAND AMSTERDAM MM I [w Mctary I Em L«M t lum S m lla516 words
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Advertisement538 1980-03-21 16 Everett Lines/ Wh| Burrrn Fry* Star Shipping Corpn. JBk"BURMESE NATIONAL LINE' LOAMNG FOR RANGOON S*m PJMhi PMM •warm am un\ mv msmmurm (twmm «m> 21/25 Mr KTANIAWYM »/Jl Ha 1/] Apr MOB l/M AM B.F.S.S.C Agcnn r> Moloyvo TEPS MALAYSIA Compania Arpantina Da .j Nwnnin S. A. C.I. F. "ARGENTINE538 words
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Advertisement471 1980-03-21 16 I*l II r mo.s.E. 4 /i OCEAN SKIPPING ENTERPRISES PTE ITD A A A A 1 I SANKYO LINE AUSTRALIA SERVICE P. Un Shipt Laatejar */27 Mv 23/25 Hv Sfl.lfa.lKL 22/23 Apr 19/21 Apr STB, KL. MEL BANGLADESH SERVICE 21/29 Hp CWTTAtiONS. CMLIM JAPAN/STRAITS SERVICE ssr ya saw MPMt 23/24471 words
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Page 17 Advertisements
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Advertisement570 1980-03-21 17 PIL GROUP EAST AFRICA/REDSEA SERVICE k MM Wl QwtsaWwii. Port Sate) ROM BAKTAT lOTA DM Plata* P«M| l«Mk|l h pt/n Ma rwts* COLOMBO/KARACHI/P. GULF SERVICE KOTMCTM 21/3 Apr ROTA MOLB 5/11 May Colombo. Karachi, Da Kuwait Karachi, Kuwait Onto HOT* BAKU 21/1 KOTAIAIA M/ 2« M Colombo. Karachi. I Salalah570 words
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Advertisement823 1980-03-21 17 BEN LINE CONTAINERS £SU anta ammo sa*cf to/to* euct? HUBS B'HAVIN ROAM HAME SOTON S *2 P "*3 "Ma**/ AntnaAataarp fraact M ILK. h M 1/4 Jl/4 12/4 14/4 7/4 Wi w* a/4 n/4 a/* u/4 .wJ *<; a/4 "/< a/4 a/4 Si/2 v .12 1/5 11/4 11/5 a/4 m823 words
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Advertisement411 1980-03-21 17 in nt Scan Dutch V t i» 8/ P3 a/« a/< m/ 4 a/4 a/4 1/1 U/5 U/t 12/5 u/5 a/5 a/5 U/» a/5 Wi \S\H f» I M tart i)Cta|2>KW| )ir« 4>r«w s>u* ovmh sm r. lIW at at at at at at a/i a/i men at at at411 words
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Advertisement527 1980-03-21 17 t PR«e V i J I W I 1 it < BOUSTEAD SHIPP,NG AGENCIES THE BANK LINE LTD LOADS FOR E l S. AFRICA (kM. Oortaa. CtMH. ft £ta. lon*»> 1 5/7 Span |/12 Apr U.S. GULF COAST SERVICE /M A.I. -I, M A A! 1-_\ \W«W Mivifw, nousion. j#lY6#Uln/527 words
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Page 18 Advertisements
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Advertisement254 1980-03-21 18 > K LINE KAWASAKI KISEN KAISHA. LTD. f* 9 M/I wi 7475/< a M 5744 fmrnt *****/5 1 (Mm 11* t. Eh Ctna t K 1— ri BAKKE SIME DARBY SHIPPING PTE LTD Singapore *****33 Knutsen Line *1 'I'.r.'.: >T^sMne fm AC. TACOMA, LONGVew, PORTLAND LA&SF S- s"* nmmammn nnmi254 words
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Advertisement424 1980-03-21 18 CJUJFOKMA/PACfIC NORTH WEST SERVICE EXPRESS CONTJUNER/REEFER SERVICE m wag m hmwco, mint tacom. mwcomo. t.c. -«%%ra/ra tmt+m mmmm 1% Tip iS» MUM lllw »l% 14 Am Ml M Am IS Am 11 tm ABSTRAUA CIPttSS CWTUH SERVICE icnfflv ra/ra taMwi fJWM| S>ort Fim AM M» S* ritAM.) 10% II «fi424 words
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Advertisement523 1980-03-21 18 t'r *'j S.'\(>l'Oll|) SINGAPORE SHIPPING AGENCIES PTE. LTD .OIMHOUK UC(4N BJIDHi SiNC.AK)«I 1 MAM«| t!N& Mil i 3 I >N( Si GfNfOAl »i J I»» <»4 I iNfSI mt« «S ?«S9S MS B C*«SMIP»C»BU CAKGOSNIP •II II mill IN-«|ioiinl Loiitniiicr Lines WEEKLY CONTAINER SERVICE to/from BANGKOK dot stmkmo mi* M/r523 words
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Advertisement550 1980-03-21 18 GRANARD LINE INDEPENDENT-ATTRACTIVE RAItS MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO FCL ONLY FOR PORT SAID. ALEXANDRIA, BEIRUT. LATTAKIA. LTMASSOL ISTANBUL A PIRAEUS Specially engaged agents stevedores providing immediate discharge S*MTt P-Kefe* M.V. GRANAAD 25 Ifar 2311* M*. MM FUNS 3SV 11 V •Part SaM/Neia*ie/UMaMa +CAj Pert U*. Meutffc ft550 words
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Advertisement549 1980-03-21 18 IKTRASEA (PTE) LTD Faber House 234E Orchard Ro<id Smgapo'P Telephone *****1 V2J***** REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE KBftAI VOETOOENT SEM/FUU CONTAfIfR SEMKE TO BMK Spar* P. Mai tan 9M73 h Nrl Uhl Apr ALPAG LINE MOTH AFRICA tuna 5* Nw* UaSstor UMv 29 Mr KUMON/SAJONGA/ CAPE TONN/DURMN u549 words
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Page 19 Advertisements
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Advertisement110 1980-03-21 19 TRUCONTAINER EXPRESS INTBRNATIONAII (S) PTE L Surtes 1311/1312. Shaw Towerc, Beach Rd. Singapore 0718 SyifcVy, Melbourne, Brisbane. Adelaide, Sri Lanka Colombo Call *****81 Container leasing services ICCU CONTAINER FLEET MANAGEMENT SA Yl Transcontainer Leasing S.A. fL, (Specialised Equipment) Ti^TlTTiTTmili BIENLEY CO., (PTE) LTD 8 Street. Singapore 0104 TEL: *****5/9 P110 words
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Advertisement173 1980-03-21 19 SMPPW6 CORPN. LTD. A FPU BOMAY SMGAPORE P KELANG RISHIVISHWAAfTRA 26/27 MM (fBMN FUfcMLT »7t) Fa CfINTMBS ACCEPT AMI SWATORE: STRAITS SHT SERVICES (PTE) LTD., TEL: *****61/2, *****98 f. KELANG: PSD SHTPM6 SON. BHD., TEL: *****1-5 ALFRED C. TOEPFER LINE REGULAR SERVICE TO MEDITERRANEAN POUTS OF ITALY, SPAM. FRAMCC TMBER173 words
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Advertisement154 1980-03-21 19 r PERKAPALAN LAUTAN BIRU Regular Service to East Malaysia M sia Season Sapping ,M, Sd" BU PoMKiang Tpi 3H 3ft 74? Tele« VA ***** S pee Gaya Ocear Sfiipp'ng Ltd Tel 2922H0 < 29 t >ol4#> Te'*». BS ***** 9 3fc 98^' HEAP SENG TRADING SHIPPING PTE. LTD 1201. l?ft154 words
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Advertisement128 1980-03-21 19 NOTICE FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND REB SEA 1 PORTS CONFERENCE NOTICE TO SHIPPERS CURRENCY ADJUSTMENT FACTOR Reference is made to the notice in the press on 23rd July, 1979 A review of currency values between sth ond 18th Morch,128 words
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Page 20 Advertisements
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Advertisement213 1980-03-21 20 Um EGYPTIAN IrsiTFBMATiriK.AI I!K. v HI INTERNATIONAL List E!L EGYPTIAN FLAG REGULAR HON CONFERENCE SERVICES MEDfTEMANEAH SEA SERVICE r S pan f Mm| Pm«| Ln**( tor mqk awing IAM 25 Mv Pad SaM/Nna*<a/UMml/ H—/NW/Uilfc OCEAN ACE V.IIM II Apr SST LINES (INDIA) SERVICE FROM HNME3M/SM6APORE/MALAYSM TO ALEXAfUUA, SHE, BARCELONA I213 words
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Advertisement241 1980-03-21 20 BLUE STAR LINE FULLY CONTAINERISED SAILING TO NEW ZEALAND rlv. NEW ZEALAND STAR LOAOM6 AT SMGAfORE Ist MAY IMO ACCEPTING CARGO FOR ALL MAIN NZ PORTS Will discharge at Now Plymouth for North Island and Fort Chalmers for South Island. Freight includes centralisation by rail to main ports of Auckland,241 words
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Page 20 Miscellaneous
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Miscellaneous198 1980-03-21 20 3 X'X-y x :X x v Regional Weather ■x x- :wvs&.. •v: 'X: X'' :Xx ■XX:::X: X;X;X ::>xXx u m XyWlXy:-: V 2 A m: V x xX:X X v•xx: XX x v:-:: -x-:; F /a ■X, 'Xx XX-x V v.y.v.v.v;;!; vivX-Xv >: y Hiil? I X KXyXyXXx x:; X198 words
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