The Business Times, 18 July 1980

Microfilm: NL10697
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C4P) No. 111/1/8# FWDAY, JULY 18,1IM SO CENTS
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  • BRIEFLY...
    • Article
      Lock icon Asean stand
      58 1 AFP JAKARTA, Thurs. Asean foreign ministers were today reported to be determined to prepare a common line of action against a possible move aimed at withdrawing recognition of the Kampuchean Pol Pot government in the United Nations General Assembly next September. They are expected to discuss their strategy
      AFP  -  58 words
    • Article
      Lock icon Troop build-up
      82 1 AFP BANGKOK, Thurs. Thai authorities have confirmed a build-up of Vietnamese troops in the extreme west of Laos as Thailand stood unmoved on its border closure with the landlocked Indochinese state, despite veiled threats from Vientiane. Thai Supreme Command spokesman, Lieutenant-General Som Kattaphan, said there had been a
      AFP  -  82 words
    • Article
      Lock icon Chase lowers prime
      62 1 AP NEW YORK, Thurs. The Chase Manhattan Bank has reduced its prime lending rate to 11.25 per cent, matching the rate set last week by Citibank. The reduction from 11.5 per cent came one day after the Federal Reserve appeared to signal that it has decided to
      AP  -  62 words
    • Article
      Lock icon Iran buys oil equipment
      94 1 AFP LONDON, Thurs. Iran is buying US$l5O million worth of oil industry parts through a Londonbased organisation called Iranian on Services (Iros), despite trade sanctions by the US and the Common Market, the Financial Times said. Iros, a non-profit-making concern, belongs to the consortium of 11
      AFP  -  94 words
    • Article
      Lock icon Attack by gunships
      69 1 UPI NEW DEI,HI, Thurs. Soviet helicopter gunships fired rockets on a suburb of the Afghan capital of Kabul, and villages just outside the capital continue to be bombed, a Western diplomatic source said. "Soviet helicopter gunships could be seen firing pockets beyond Kabul's suburb of Darul Aman."
      UPI  -  69 words
    • Article
      Lock icon Asean seeks EEC aid
      67 1 UPI MANILA, Thurs. Asean countries, impatient over the delay in Japan's US$l billion loan pledge, plan to tap other sources to finance regional industrial projects, government officials said. Officials in the Board of Investment confirmed that the Asean Committee on Industry, Minerals, and Energy will formally
      UPI  -  67 words
    • Article
      Lock icon Dow Jones
      57 1 AP NEW YORK, Thurs. The stock market kept its rally of the past three months alive with a moderate advance this morning, The Dow Jones average of 30 industrials rose 2.56 points to 907.00 in the first half hour. Gainers took a 3 to 2 lead over losers
      AP  -  57 words
  • Article
    Chief Price Changes
    152 1 Rites Indices G E Life M U I 1300 liao 40 30 Jul 16 Jul 17 O C B C Tractor* U M W Berjuatal 1190 866 336 1060 30 25 22 +20 B.T.Indicator: Industrials. Finance: 6375.96 6521.89 557.05 561.28 993.50 1003.15 B Rtjrt 434 20 Hotels:
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  • Article, Illustration
    KUALA LUMPUR
    134 1 Rises Indices Malayan Tin OCBC MUInd Kuchai Tractors Spreroe Corp B Raya QHMH A Amal UM Works Lien Hoe M Flour aty Dev Ft Magnum Corp MBanking 4060 +50 Jul 16 Jul 17 1160 1200 560 870 314 436 675 870 328 192 261 273 Ills 1010 1180
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  • Article
    Work attitudes satisfactory
    649 1  -  BUT IMPROVEMENT POSSIBLE By'i FONG MEW LENG LARGE foreign investors in Singapore are generally satisfied with labour productivity and work attitudes. This was the conclusion of a confidential survey initiated by the Economic Development Board (EDB) and conducted by the Singapore International Chamber of Commerce (SICC) on
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  • Article
    Tin price nearer ITC ceiling
    261 1 THE price of tin was given a boost yesterday by a stronger London closing which followed news that the US General Services Administration (GSA) had rejected all bids at its second stockpile tin tender on Tuesday. The Straits tin price in Penaag increased by MHB
    261 words
  • Article
    Ten years of losses for petrochem
    447 1  -  •y FOO CHOY PENG «NGAPORE'S $2 biUton petrochemical plant will t4ke about 10 yean to break even, said Mr Norishige Hasegawa, chairman of the Sumitotomo Chemical Company last night. Mr Haaegawa, who was here (or the ground-break-ing ceremony of the Petrochemical Corporation of.. Singapore
    447 words
  • Article
    Food caterers for airport
    298 1 WELL-ESTABLISHED restaurants and other food caterers in Singapore will be represented at the Changi International Airport These include two fast foods chains, A A W and McDonalds; Oberoi Imperial; Swensen's Ice Cream; Okoh Japanese Restaurant; and the Temenggong Airport Catering Services (TACS). In March this year,
    298 words
  • Article
    Bandar Raya acquires 14-hectare piece of land
    218 1 BAND AM Bay* Piituhp Ob ptoee d pf pwty to The greep joMtj tkat It Is ae«atrtog tke «Me ted tea capital tf K. L. Laad Ma IM (KLL) wtoek awaa a lltoetaw pleee «f laad at tke Milifci l#wi Bdfffgt for ■aaiar
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  • Article
    Hong Leong proposes 3-for-4 rights issue
    444 1  -  By BIBIANA CHOO HONG LEONG Fliianoe (HLF) haa proposed a rights issue to raise about $61 million for the company's expansion plans. The rights issue of 30,318,7» new shares, announced yesterday, is in the ratio of three new shares for every four keid at
    444 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      1 1 f
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    • Advertisement
      Page 1 Advertisements Column 2
      304 1 Wfe have a history of making money grow jajL Lombard North Central is part of jKjßmil, one of the world's largest banking SkSK fc j groups and we have a history whcHWT! 5 C PI covers more than 100 years. |J jj IJ Weoffer a range of deposit I MLr
      304 words
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      Page 1 Advertisements Column 3
      58 1 'mm SHIPPING TIMES PLUMRO6E factory will be REVENUE (rem veUdM ip ready iw 2 Mpe to fllTm it HONGKONG maklag r—m for ZENKO Sasaki ippßiatoi prime mm—m i ■fciiiii it BELANGOB Properties related PEOFEBSOB Waag «a the as a prime stock 11 Meamaataimetfealeißeatlea.lt _AmOUFT 4, TV AMD RADIO C, CROSSWORD
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      Page 1 Advertisements Column 4
      5 1 Leader ...Page < See hack page
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    • Advertisement
      Page 1 Advertisements Column 5
      176 1 rj& J ~n 1' I onecarthattruly deserves its name. It's the Citroen CX Prestige. The pride of the Citroen range. An extraordinary car with an extraordinary capacity for performance, comfort and safety. Brilliantly shaped. An expression of its designer 's commitment to achieve uniqueness in. beauty with an incredible low-drag
      176 words
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  • TRADE AND INDUSTRY
    • Article, Illustration
      Plumrose plant ready soon
      379 2  -  By JOHN LIM THE latest Danish Investment in Singapore will begin production at the end of the year turning out the Plumrose range of canned and btnen hams, pork luncheon meat, bacon and sausages. The Plumrose plant, in the Jurong food zone at Pandan Loop, represents
      379 words
    • Article
      Trade ties with N. Territory
      462 2 TRADE and economic relations between Australia's Northern Territory and Asean are expected to strengthen. This is the optimistic (orecast by members of a Northern Territory trade mission which recently visited Thailand, Malaysia, Singapore and Brunei. According to a report ,ia the first issue of the
      462 words
    • Article
      DESIGNING WITH THE AID OF COMPUTERS
      136 2 THE Singapore Institute of Standards and Industrial Research (Sisir) and the Technology Transfer Institute of Singapore (TTIS) will jointly organise a seminar on computer aided design (CAD) for industrial application. This is the first seminar of its kind in Singapore on "Computer Aided Design"
      136 words
    • Article
      Seminar off
      22 2 A SOLAR energy seminar to be conducted by German Professor Henning Ewe has been cancelled owing to his sudden illness.
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    • Article
      Protectionism is on the rise
      432 2 THIS decade will see increasing protectionism in trade which will add to friction between rich and developing countries and result in deteriorating economic and social conditions in developing countries. Lim Chee Onn, secretary general of the National Trades Union Congress, said at the third Asia-Fiet
      432 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      52 2 MB WILFRED Tma has joined Century Park Sheraton as front office manager. Before this appointment, Mr Tan was working at the Shkngri-La Hotel. He has been in the hotel industry for more than 14 years. The hotel has also appointed two sales managers, Bhar«i Chaag and Baairm
      52 words
    • Article
      Last benefits for Bridgestone staff
      129 2 BRIDGESTONE Singapore will pay out about $3 million in retrenchment benefits to some 500 bargainable employees to be laid off when the company ceases operations at the end of next month. The only tyre manufacturer in Singapore, Bridgestone is closing down following the removal of
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    • Article
      LOWER THAI DEFICIT
      125 2 THAILAND'S trade deficit this year is likely to be far less than the amount originally estimated as national exports so far this year have expanded at a much higher rate than the import growth rate, said the Thai Board of Trade (BOT). The BOT expects the country's
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      321 2 OPPORTUNITIES Garware Grace (Singapore) offers the following foodstuffs/consumer and miscellaneous goods: ITEMS OFFERED FOODSTUFFS/CONSUMER GOODS Man go Juices and Pulp Spices (Pepper, Cardamom, ginger, turmeric) Cashew Nuts, Peanuts Marine Food Products Basmati Rice incense Sticks (Agarbathis) MISCELLANEOUS Leather goods, feeding bottles, handicrafts, auto lamps and accessories, weighing machines, chemicals, Diamonds,
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  • REGIONAL
    • Article
      Lock icon Taiwan urged to develop energy sources
      331 3 Reuter, AFP TAIWAN'S economic future in the next ten years depends on the development of energy resources, foreign trade and the labour supply, the country's top economic planner said this week. Mr Yu Kuo-Kua, chairman of the Council for Economic Planning and Development, told
      Reuter,; AFP  -  331 words
    • Article
      Lock icon China's managers get more say
      281 3 AP CHINA is reforming its economic management system and giving industries greater independence in order to respond to market forces and increase production, vice Premier Zhao Ziyang said. Zhao, who is known for his pragmatic economic policies, made the comments to a World Bank delegation
      AP  -  281 words
    • Article
      Lock icon Plastics company gets approval
      125 3 AFP FORMOSA Plastics group, Taiwan's largest conglomerate, has received final approval from the government to make a series of capital investments for the manufacture of petrochemical products in the United States. Total investment amounts to US$3O million, the largest sum ever approved by the government for
      AFP  -  125 words
    • Article
      Lock icon Thailand wants an apology
      201 3 AFP, Reuter THAI Prime Minister Prem Tinsulanonda said Thailand will not reopen its border with Laos until the Laotian government apologises for the shooting incident on the Mekong River last month. General Prem said Thai, land made this point clear to the Laotian Ambassador to Thailand,
      AFP,; Reuter  -  201 words
    • Article
      Lock icon Foreign ministers meet in Vientiane
      370 3 AFP, Reuter FOREIGN ministry representatives of Vietnam, Laos and the Heng Samrin regime of Kampuchea converged in Vientiane, Laos, yesterday amid mounting tension in South-east Asia. Reports from the Vietnam and Kampuchean news agencies said Vietnamese Foreign Minister Nguyen Co Thacfa and Kampuchean Information Minister
      AFP,; Reuter  -  370 words
    • THE REGION IN BRIEF
      • Article
        Lock icon AGREEMENT REACHED
        291 3 Agencies JAPANESE and Indonesian businessmen have eqded a two-day economic committee meeting in Tokyo after reaching an agreement on technical aid to help Indonesia develop its small-and-medium enterprises. The Indonesian side has proposed the creation of an export council to promote Indonesian exports to Japan, according to a
        Agencies  -  291 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      250 3 4-day opportunity for Chinese furniture antique lovers Antique Blackwood and Rosewood Furniture, Porcelain Wares, Goldleaf, Screens, Wall Plaques, Chinese Scrolls and many, many other items Ail imported directly from China At most competitive prices on 17th, 18th, 19th and 20th July only Only 15 minutes drive from city. Free delivery
      250 words
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      Page 3 Advertisements Column 2
      101 3 Photographed in ft ti- m £l EStH K 5» 9 m '> i-' Wk% m w V V.% I** tVVs K& i«5 X ~i VW.'J ..JV -aai* f" iri rm JEB v-» 'J'* 1 v* O OMEGA Shown from left to right: N DD398.0852 in stainless steel and 14ct gold
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  • RAW MATERIALS
    • Article
      Lock icon Opposition to CFTC's new restrictions
      222 4 Reuter NEW restrictions on foreign participation in US commodity markets could reduce market liquidity, particularly for internationally traded goods, the British government, US and British commodity exchanges and several large brokerage houses said. In letters to the US Commodity Futures Trading Commission (CFTC), they said
      Reuter  -  222 words
    • Article
      RICE
      334 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.05, 100 per cent second class 0.90, 100 per cent third class 0.88, 25 per cent new crop no stock, B-10 per cent 0.80. THAI BROKEN: A-super 0.65, Special no
      334 words
    • Article
      Produce exchange
      181 4 CHINESE Pradoce Exchange, Singapore, noon closing prices per It* kg yesterday: Coconut oil: Bulk fob 143.75 sellers, old drum (in second hand drum) fob $153.75 sellers, new drum fob $159.75 sellers. Copra: Mixed (loose) $86.50 buyers. Pepper: Muntok white pepper fob Asta NLW $435.00 sellers, Sarawak white pepper
      181 words
    • Article
      TEXTILES
      195 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK doUars, spot ex-go-down) Cotton yarn: China Blue Phoenix 20s 2.1*». 32s 2,590, 40s 2,830 (per bale of 400 lbs). Piece good*; China Butterfly and Globe brand unq; Dragon Head unq; Five Lamhs unq; Flower and Butterfly
      195 words
    • Article
      SOYBEAN
      184 4 THE Chicago Board of Trade soybean futures ended 16 to 20 1 2 US cents a bushel higher on Wednesday. Prices settled near the top of a 28 l/ t cent range. Local and commission house buying fed the rally and erased Tuesday's losses. Demand developed on continued forecasts
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    • Article
      Straits Tin
      104 4 THE Straits tin priee in Penang yesterday weakened Ms 9 per pieul to $2,1», $25 below the International Tin Agreement celling, dealers said. Despite news that the US General Services Administration rejected all bids at Its second stockpile tin sale o( 5M tonnes on Wednesday, sentiment remained easier
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    • Article
      CLOSING PRICES
      38 4 Rubber: July 17 Singapore: Aug: 282.50 cents (up 1.75 cents) Malaysia: Aug: 286.50 cents (up 1.00 cent) Tin: M 52,138 (up $18) (equivalent to $35.35 per kilo) (up 30 cents) Official offering: 141 tonnes (down tonnes)
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    • Article
      WHEAT
      64 4 THE Chicago Board of Trade wheat futures closed four US cents a bushel higher to 1 V 4' cents lower in the deferred July on Wednesday. Prices settled near the bottom of a nine-cent range. Local selling followed large truck deliveries of newly harvested soft red winter wheat. This,
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    • Article
      RUBBER
      188 4 IN Singapore, the market closed uncertain with August One RSS buyers quoted at 282.50 cents per kilo, up 1.75 cents from Wednesday's close, dealers said. The morning market rose 2.75 cents on firmer after hours levels, with some covering and speculative buying, they said. Some early afternoon steadiness was
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    • Article
      RAS PRICES
      358 4 R A.S prices In cenu per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 Its S prompt f o b. 282.00 283 00N Int 1 R.S.S. August 283 00 283 SO Int. 1 R.&S. September 283.30 ***** Int. 2 RS.S. 276.50 277 50N UK/Cont 275.50 27S50N Int.
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      SSR and SMR
      122 4 NOON SSR u id SMR men VHtifdijr RAS SSR 20 SSR SO (1 ton <1 ton pallet) pallet) A a(a« t (CirrMt Mth) Buyer* Seller* 260 00 262 00N ***** *****N September (Forward MU) Bayers Seller* 361 00 263.OON 258.00 290.00N MRBLB Aufuet September SMRCV SMRL SMR
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    • Article
      LONDON MARKETS
      786 4 COmsK: Robusta futures managed a slight recovery from earlier new life of contract lows but still closed the morning with losses from Wednesday of £24 to £36 per tonne. Turnover was 2756 lots. Spot July closed the morning £24 lower at a mid price of £1321 after trading
      786 words
    • Article
      PALM OIL
      162 4 IN Kuala Lumpur, values finned on buyers covering and in line with higher overnight Chicago trading yesterday, dealers said. The rise was also attributed to foreign export equiries. August was traded MS2S higher at $870 per tonne for the central and southern regions and In the northern region
      162 words
  • ASIAN STOCKS
    • Article
      Lock icon Another dull day
      602 4 TOKYO Source: DBS-Daiwa EFFORTS to put the market back on the rails by investors and security houses were apparent yesterday. Some quality stocks and other basic groups were picked up accordingly with vague hopes to restore some kind of order. In spite of such efforts, the most
      Source: DBS-Daiwa  -  602 words
    • Article
      Lock icon Hongkong
      339 4 Source: SHK See A BROADLY based rally yesterday saw the market recoup half erf Wednesday's losses in response to better prices in London overnight and easing of fears of a margin crunch after the fall in gold in the past 2 days. Talk continued to revolve around Jardine-Hongkong Land
      Source: SHK See  -  339 words
    • Article
      Sydney
      396 4 FIRMER gold prices and an encouraging report from Queensland's Nagdorin shale oil prospect saw stockprices move higher yesterday, dealers said. News that Nagoorin partners had intersected a continuous section of oil shale pushed operator, Esperance, AJ1.30 higher to 96.30 while consortium member, Greenvale, firmed 1110 to 15.30. Gold stocks
      396 words
    • Article
      Bangkok
      267 4 STOCK prices closed quietly mixed yesterday in low turnover, dealers said. Bangkok Bank rose two baht to 296 and Rama Tower 0.50 to 76 while First Trust fell one to 73 and United Flour Mill dropped one to 190. Jalaprathan Cement was unchanged at 115 baht. JULY 17 Bahts
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    • Article
      Manila
      96 4 JULY 17 Pesos Acoje Mining 0062 0 0002 Alias Con. A Atlas Con. B 35 75 0.25 Bag UK, Gold oose 0 0002 Benguei Con B 85 -3 BK Goodrich 13.50 -0 3 CDCP Ineo B Landoil Lepanlo B .1475 unch Marinduque B 12 1 Mfralro Oriental A Oriental
      96 words
    • Article
      Selected indices
      51 4 FINANCIAL TIME8 INDUSTRIALS Wednesday 503.1 Tuesday 4M£ Week Ago 483.0 DOW JONE8 AVERAGE INDUSTRIALS Wednesday 004 44 Tuesday 901.54 Week Ago 807.27 H.K.HANG 8ENG 1077 74 Wedneadauy 1060 JO Week Ago 1083.79 SYDNEY INDUSTRIALS Sss&r==sK Week Ago 901.93 ALL ORDINARIES Thursday 915 Jl Wednesday 903JO Week Ago 916
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      288 4 3 Granada Ghias from Wearnes r t f WP*t If it's been some time since your company looked at the financial advantages of term rental cars for your executive staff, consider these figures: AFTER TAX COST PER MONTH FOR A GRANADA 2.8 GHIA SAVING COMPANY REG. CAR $2,363 PRIVATE REG.
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  • OVERSEAS
    • Article, Illustration
      Lock icon Reagan wins Republican presidential nomination
      509 5 UPI MR Ronald Reagan won the Republican presidential nomination on Wednesday and then stunned the joyous delegates by picking Mr George Bush as his running mate after attempts to draft Mr Gerald Ford collapsed. Just a few hours earlier, scores of Republican leaders said Mr
      UPI; UPI photo  -  509 words
    • Article
      Lock icon TIN BUFFER STOCK PRICES
      324 5 Reuter THE International Tin Council's buffer stock price range will remain unchanged at M 51,650 to $2,145 per picul. A communique issued in London yesterday at the end of the current negotiating session of the council added that negotiations are going on for a new international
      Reuter  -  324 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      736 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL TMA TL341 0715 BEY/DXB/BOM SIA SQ528 0750 DHA SU SQ101 0615 KUL MAS MH621 0635 PEN RBA BI427 0930 BWN MAS MH671 0930 PEN/KUL SU SQ211 1000 HLP MAS MH605 1000 KUL CPA CX710 1005 HLP
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    • Article
      Lock icon Worst of current American recession may be over soon
      264 5 Reuter PRESIDENT Carter's chief economic adviser this week held out the possibility that the worst of the current economic recession may be over soon. "This recession will slow down shortly," Charles Schultze, chairman of the Council of Economic Advisors, told a
      Reuter  -  264 words
    • Article
      Lock icon Iranian oil installations under heavy guard
      441 5 Reuter AFP IRAN'S oil installations were under heavy guard against saboteurs yesterday. The country's borders and air space, closed the day before (or at least 48 hours to prevent alleged conspirators from escaping, were due to be reopened yesterday. But some official sources have
      Reuter; AFP  -  441 words
    • Article
      Lock icon Economic upturn?
      171 5 Reuter BRITAIN'S composite index of longer leading indicators, which has shown a rising trend since the end of 1979, could signal an upturn in the economy around the end of this year. A Central Statistical Office (CSO) spokesman said the latest data for June showed the index rose
      Reuter  -  171 words
    • Article
      Lock icon Oil glut causes sharp slump in market prices
      611 5 Reuter A GROWING glut of oil has brought a sharp slump in market prices, some of which have fallen below the official levels charged by producers, traders reported this week. Scores of tankers bearing millions of barrels of oil are lying idle
      Reuter  -  611 words
    • Article
      Lock icon Bonn seeks clarification
      216 5 Reuter WEST Germany has begun talks with Iran aimed at clarifying the reported nationalisation of West German pharmaceutical interests in Iran. A West German Foreign Ministry spokesman said the talks, which began on Wednesday, brought initial clarification but he was unable to give details. The West German
      Reuter  -  216 words
    • WORLD IN BRIEF
      • Article
        Lock icon CALL FOR U.N. DEBATE
        520 5 Agencies SOME 32 Third World countries have requested a UN General Assembly debate on the situation in Afghanistan and its implications for international peace and security. "The continued presence of foreign armed forces in Afghanistan and the continued exodus of Afghan nationals to take refuge in
        Agencies  -  520 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      181 5 5& Antique Blackwood and Rosewood Furniture Porcelain Wares, Goldleaf, Screens, Wall Plaques, Chinese Scroils|and many, many other items All imported directly from China. At mow competitive prices on 17th, 18th, 19th and 20th July onh Only 5 minutes drive from city. Free delivery to anywhere in Singapore. The Chinese Heritage
      181 words
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  • Article
    Implications for business
    326 6 NOW that a trade agreement has been signed between China and Singapore, the way is open for closer economic links, the first signs of which are evident in the number of trade missions visiting the Republic and of visitors from Singapore travelling to China. But the optimism
    326 words
  • Article
    The soul searching must go on
    277 6 THERE has been much soul searching in recent weeks over the question of whether or not the work attitude of Singaporeans has deteriorated in inverse relation to the Republic's rising affluence. This self appraisal is necessary, for there is a real need to guard
    277 words
  • Article
    Lock icon BIG BROTHER ARRIVING EARLY IN FRANCE
    793 6  -  France it about to introduce magnetic identity carde for all its citizens at well aa foreigners living there. The cards will instantly provide the authorities with 40 items of information about foreigners. And there is little to stop the same aystem being applied to
    FT  -  793 words
  • Article, Illustration
    Lock icon HK making room for an oil boom
    1333 6 Hongkong as a deep-water port stands more than a good chance of sharing in the repair and maintenance work that will come with China's oil boom. The oil majors also look favourably on the colony as a communications centre. But with its basic
    FT  -  1,333 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      200 6 Li i i 'J TO ■SSSSS& Why idle away your life and languish in poorly paid jobs with no future when you can move ahead with the RIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of the following courses and get just THAT QUALIFICATION! Institute of
      200 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      46 6 HE. |S, RFTetf f\Li, OUfc Pica's PouHDGR i -> mvGMT PiS OJtLL SR^ rote**# Mouse. is CR WYitA lUe HUH OR Tbuuouse LAuTfcfcC OR €43U4«JOHN (*2 tiMftAD lHi. Sam* eise Tueae > TO spn W€ s upsr RC -ucee ooumstairs *nD Nt feßTueTw^iM looks u<e one of T*OS£
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      1381 6 The quiet revolution THE DAYS sf cheap lakiir aa SBC dacaaMatary at 7 Far a dearer Mat tkw 1" C J*" e, J *«*gM *~tm, the aarratar w!l! pawer shortage hai palled maps aat the chaages tak- hrtac aa ta same «f the ap wage levels aad at the lag
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  • Article, Illustration
    Lock icon The region gets top marks for resilience
    1238 7  -  By WILLIAM HOLSTEIN UPI ASIA'S ECONOMY is showing surprising strength despite the economic gloom descending on the United States, Europe and the Third World. With the industrialised economies heading into one of the worst post-war recessions and developing countries reeling under staggering debt
    UPI  -  1,238 words
  • Article
    HEARTLESS AND CRUDE LAUGHS NOT FUNNY
    1022 7  -  FOBUHi With B J WU I WILL be the first to admit that SBC sometimes deserves bouquets for some of the excellent programmes it has produced. Unfortunately, I cannot put their Conversational Mandarin Series in this category. In fact, Judging from the feedback from
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      59 7 MANAGING AGENTS cvcru_«oi innji A IP> Dill (SDGRPORE) PTE. UO. and nmßocnn nTEnvmonni kssurmke co. ltd members of Hmerimn International Group (Pin) wish to mngratolote peohe's nsmana arniranv nmn and our parent company WflEßKim lIWEWUmi—. GROUP (flic) on the formothm of IIiTTT 71 the first insurance jointuenture betuieen the People's
      59 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        210 8 JULY 16 Pis ABN A h> >1/1 64.50 -05 Atom 22 00 -02 A If? bank 304.50 -05 AMFV 84 90 -0.3 Am fas 106.00 -05 Amrobnk 66 30 0.1 Bergo&s 36 50 -1 Berk 88.50 4 15 Bols 57 TO 1.2 BorsumtJ 205 00 •1 Burhmann 66 00
        210 words
      • Article
        Frankfurt
        173 8 JULY 16 Dm Aeg-Telefunken 88 80 3.3 2090 -02 Allz Leben *****0 10 All* Vers ***** <1-1 BASF 139 40 14 Bay H T Wbank 253 00 5.5 305 00 5 116.30 0.8 BBC 311 00 BMW ***** Chem Verw 268 00 -5 Commerzbank 178.50 2.5 Conti Oummi 65
        173 words
      • Article
        Milan
        105 8 JULY 16 Lire Anie 6 unch Assoc Gen ***** 1700 Bastogi 550.00 Central? ***** -29 Flat 1715 >4 Kinsider 62.50 >2 Gen Immob 64 25 -0.75 IFI Pri 2795 -25 Italcementi ***** 145 I la I gas 825 5 Italsider 322 unch Magnet < M Pt 460 -1 Marelli
        105 words
      • Article
        Paris
        281 8 JULY 16 Frs CORBEILLE Air-Liquide 415 -4 B S N Gervais Dtnonf C S F < ThomsonCsf) Cl* Francaise iB Petroles Compagnie financier? Compagnw Generate Credit Foncier De F rance Hachette (Librairie) Machines Bull Mlchelln (B> Paribas Pechiney Clgine Kuhlmann Peugeot Philips (Nv Gem Belli) Prin temps S A
        281 words
      • Article
        Brussels
        94 8 JULY IC Fr» FORWARD MARKET Acec 336 14 ArtM iaw 30 Astur Brmscan Bru-Lamb 440 682 1420 -4 2 -20 C an par 1010 -20 Cock t> Beers Ebes 274 286 1906 22 unch Electrotoel 6310 60 Ob-Inno-Bm 2300 35 Oe* 1250 unch Hobo* Petro Ryi Dutch Sldro 2606
        94 words
      • Article
        Zurich
        186 8 JULY 16 Francs Actions Suisse* Alusuuse Br Alusuisw Re* as 1150 443 unrh -IS -> Brown Bowl Br Clb« (ifi() Br Cll* Geigy P C Clb« Oeigy Reg credit suiw Br 1855 1135 900 612 2230 15 Credit suisw Rrf Elektrowatt Br G«*r Pi-vher Br Globus Pr m 2420
        186 words
    • Article
      JOHANNESBURG
      307 8 JULY 16 Rand INDUSTRIALS A Alpha 400 unch Abereom 356 unch AE And CI ieo +10 AMIC 2375 unch Barlows 1120 4-90 C« Sujar 1 ISO INA 506 5 Curnr Finance 215 2800*4 7 Op kWrs ind Edcon 580 20 Edgari Evrrrady K«J Volk 465 unch Fu*u 215 unch
      307 words
    • Article
      TORONTO
      199 8 JULY 16 Abllibi C* 19 _i A lean Algoma 27'. ♦>. 28. 20. 47'• -'4 27'. 61 *Vi 2S' unch Bank Moot Bank Nova ScoUa Bell Tel Betli Corp BP Can Lid Brasran Camp Red Lake Can Imp Bk Canpac Canpac In* Pf Carting OTCeefe Cons Balh T' 59
      199 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      257 8 to wine, dine and entertain For quick economical lunches Dolphine Cafeteria Work! Trade Centre i a a Local and Western self-service lunches Open daily 10.30 a.m. t03.00p.m. Snacks served 3.00 p.m. t05.00p.m. DOLPHIN CAFETERIA Apollo Enterprises Ltd 119. Ist floor, World Trade Centre'./ °V 4mJ with the co-ope ration of
      257 words
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      Page 8 Advertisements Column 2
      151 8 For drinking. For dancing. For delightful evenings. Music by Bacchus International of London It t re <>p<. n SI A IHI R 9pm to 2am 10% u rru'i it.i.v /st drink IRI —SA I 9 pni In J ,;w S/ St- 10% striict charge 7(, lt n lstdr:nk A C
      151 words
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      Page 8 Advertisements Column 3
      38 8 The Great Family Do-lt-Ybursetf Barbecue. Celebrate your engagement, wedding, birthday or any other special occasion with speciality cakes by renowned pastry cooks' of Hotel Royal. Let. us make your happy moments remembered. Contoct: F B Department Tel: *****11
      38 words
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      Page 8 Advertisements Column 4
      170 8 Salay,Sunday, Monday...every day People reckon we have the best Satay this side of the ciuti Another specialty is the selection of typically Cantonese favourites And of course, our very own Flavours of Singapore The comfort and serenity of Hm s And Hilton style Hin's Top of the Hilton. Lunch and
      170 words
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      Page 8 Advertisements Column 5
      251 8 wk* a The Cantonese Chain. Great food. In great style. Our Oriental Restaurant chain offers you traditional tim-sum sweet and savoury tit-bits... and really fresh sea-food For a scrumptious meal with impeccable service and friendly atmosphere bring your family and friends to an Oriental Restaurant. Four convenient locations. ORIENTAL RESTAURANT
      251 words
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  • Article
    Prices higher
    960 9 NEW YORK THE STOCK market edged higher in heavy trading buoyed by a firming trend in the final minutes on Wednesday. Precious metal and computer issues were among the best gainers. Analysts said the market continued to benefit from institutional demand and was aided by falling interest rates
    960 words
  • BANKING AND FINANCE
    • Article
      Pound, yen to rise against US$
      358 9 THE easing of inflationary conditions and firm interest levels should enable the pound and the yen to continue higher against the US dollar. According to Manufacturers Hanover Trust's latest currency review, the pound has firmed to about U552.37 over the past week compared with
      358 words
    • Article
      Lock icon Midland's buy in US may be the last for UK
      307 9 Reuter A DECADE-LONG move by British banks into the US will be virtually completed by Midland Bank's purchase of 57 per cent of California's fourth largest bank. "There won't be any more deals of this size," one British banking source
      Reuter  -  307 words
    • Article
      Lock icon China ups price for gold and silver
      158 9 AFP THE Chinese authorities sharply raised the Bank of China's buying price for gold and silver last March, the Peking Daily revealed yesterday. The measure seems to be intended to reduce transactions in the metals on the black market which has been particularly
      AFP  -  158 words
    • Article
      Singapore market
      486 9 THE U.S. dollar gained ground against the Japanese yen after slipping earlier in the foreign exchange market yesterday. Dealers said the dollar opened at 218.35/45, and slipped later to 218.10/15. They attributed this slide to the US$l3O million Japanese trade surplus last month. Further, the formation of a
      486 words
    • Article
      Australia/NZ
      51 9 AUSTRALIAN and New Zealand exchanges opening quotes yesterday: Aust exchanges: U551.1639,1.1591 Stg 0.4908/0.4854 90 day air mail buying rates: Stg 0.5155, U551.2035 90 day fwd buying rates: Stg 0.4939, U551.1527 NZ exchanges: Reserve bank midrate US$ 0.9692 Trading bank indications' U550.9942/0.9642 Stg 0.4179/0.4149 90 airmail buying rates: U551.0206 Stg
      51 words
    • Article
      GOLD
      303 9 SINGAPORE gold futures yesterday closed firmer compared with overnight levels but below the day's high on some late profittaking. Opening quotations were marked up between US$4 to 19 an ounce following the metal's strength in New York last night and then held steady. Prices firmed in early afternoon trading
      303 words
    • Article
      HONGKONG
      22 9 HK bankknotes: US$4.BB/4.90 UK 11.55/11.75 Burma 1.20/1.50 India 5.65/5.85 Indonesia 0.73/0.83 Japan 2.245/2.255 Korea 0.72/0.82 Philippines 0.60/0.62 Singapore 2.31/2.32 Malaysia 2.28/2.30
      22 words
    • Article
      ASIAN $ RATES
      184 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on July 17: ar-sr 7 days 815/16 8 13/16 1 month 9 1/16 8 15/16 2 months 93/16 01/16 3 months 9 5/16 93/18 6 months 9V* 9H 9 months 911/18 99/18 12 months 911/18 99/18 SvAt Dm r-,1. v
      184 words
    • Article
      Discount
      47 9 RANGE at price* offered by dlacouat house* oa July 17: Overnight: CH «15/If* Call deports: «V, -fH* CMag Bayiaff Mtta« 3-month Treasury bllU 6H 6*« 3 month Bank bills OS/If 8 7/18 3 months CD 9 8% 6 months CD 815/16 813/16 Source: National Discount Co
      47 words
    • Article
      PLR
      22 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
    • Article
      LONDON
      194 9 THE U.S. dollar opened sharply lower yesterday, reflecting falls in New York and in the Far East, largely due to the belief that the US Federal Reserve's activity in the market encouraged a fall in interest rates, dealers said. The US unit opened at 1.7345/53 marks compared with a
      194 words
    • Article
      TOKYO
      141 9 THE U.S. dollar for overnight delivery closed weaker at 218.05 yen yesterday, compared with a 218.40 opening and 219.20 at Wednesday's close, dealers said. Trading was moderate with volume 1860 million. The dollar fluctuated narrowly in light late trading after early weakness in active dealings, attributed to export covering
      141 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      247 9 Some pe Bank syst •J 2S^~£«£ gS? Tsfefly? S^«ISMXS:SR^2SS'T!:I r.'^resas.^na--5; So what are we doing ith a running shoe factc the Philippines? Here in Asia —and around the world Bank of America provides financing for some of the world's largest projects, including highway systems, shipping, and international airlines. But that's
      247 words
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  • Article
    BUSINESS DONE ON THE SES & THE KLSE
    1482 10 BUSINESS DONE ON THE SES THE KLSE BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of UNO units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Sr (3.328 3348) (5)
    1,482 words
  • Article
    Unit trusts
    148 10 8DfGAFO*8 WOT 1MOT 0(J»II0NM«J (MMfMr priaai ibrMIt) U nka^weFimd"" 1 ihrMll) The Commerce 173 117 1.91V, 1.12 Vt The 9avta«a Fund 1.75 LM INCOME MM D UNIT S pore Prof Fund 1-30 LM (Carnal arteM) S'pore Sec. Fund 113 123 Income Bowl 1J4 1.30 S pare Invent Fund
    148 words
  • Article
    SHARE INFORMATION SERVICE
    2791 10 1980 High Low Company Last Sale +orGr*« Div Grt Net Div Yld P/E C*vr Vol Day COOO) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 370 245 Acma 223 220 Alcorn 149 116 Allied Choc 170 140 B A T 324 270 Bata 80 60 Ben 316 275
    2,791 words
  • Article
    In Kuala Lumpur
    1883 10 BID and offer prices tfllchjy listed and business in and re.Bl ported to the Kuala Lumpur 20 Stock Exchange yesterday with the number of shares .B traded shown in brackets in cd lots of 1,000 units, unless other- wise specified. INDUmBALS Alee* (1408 146) (3) 240 A
    1,883 words
  • COMPANY MEETINGS
  • Article, Illustration
    Optimism reflected in strong rally
    770 10 (4) BULLS staged a eaavinriag (2) iiwitnk ywtatoy, leadlag tee prim to rmnr atreagiy at toe 'hppwn •took market. After toree days af aaeertola aad erratic trading, fafldeatui was flaally reaewed aad kayers eaee mere estakllaked tkemselves [2) at toe f«retreat af activity. He signs
    770 words
  • Article
    Interest on lower-liners
    577 10 BUYERS continued to domi--1 nate at the Kuala Lumpur v Stock Market yesterday pushing prices broadly highd er in another session of heci tic trading. Interest was focused mostly on the industrial I stocks, in particular, the second- and third-liners which have yet to experience the bullish
    577 words
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  • COMPANY NEWS
    • Article
      Prime stock Selprop
      1533 11  -  PROFITS RISE BY 32pc Selangor Properties has emerged as a prime stock on the local stock exchanges. The assetrich company is looking forward to the next decade of just reaping profits on its 115-acre prime land it has patiently sat oh over the years. LOW LEE CHOO
      1,533 words
    • Article
      Tronoh advised to accept offer
      536 11  -  By P. GUNASEGARAM TRONOH Mines Malaysia shareholders have been advised to accept Malayan Tin Dredging'! (MTD) offer for Tronoh's 51 per cent owned subsidiary, Bidor Malaya Tin Sdn Bhd (BMT). Tronoh's advisers, Amanah-Chase Merchant Bank said it has examined MTD's offer and considers the offer
      536 words
    • Article
      Leong Huat erases loss
      406 11  -  By BIBIANA CHOO WITH the construction industry in full gear last year, pre-tax profits at steel manufacturer Leong Huat Industries rose 254 per cent to $887,444 for the 12-month period to Dec 31, 1979, against $250,397 previously. Consequently, accumulated losses of $574,941 have been eliminated, leaving
      406 words
    • Article
      COMPANY MEETINGS
      69 11 METAL Bex Stagapere: AGM to be held at ShangriLa Hotel, Orchid Room, Mezzanine Floor, 22, Orange Grove Road, Singapore at 12 noon on July 21. 8ENT08A PlywMd Bhd: AGM and EOGM to be held at 4th Mile, Jalan Mersing, Kluang, Johore, on July 26. KUALA lampar 11a Fields:
      69 words
    • Article
      COMPANY BRIEFS
      103 11 THE KLSE has queried Dulap Matejrrfu Iadiitries regarding its acquistion af 2.30 million shares of H k R Johnson (Malaysia) at a price of $6.60 each. The exchange wants to know the basis of arriving at the consideration of $15.15 and if a valuation was done, to furnish
      103 words
    • Article
      Marginally adverse
      151 11 COLD Storage Holdings' offer of 35 per cent of its subsidiary, Cold Storage (Malaysia) or CSM, is expected to have only a marginally adverse effect on the net earnings of the holding company, according to British stockbrokers Laurence, Prust. It has reduced its estimates of the group's earnings
      151 words
    • Article
      Lock icon Worth picking up
      650 11 asjoax,»» by HOCK LOCK SIEW HIGH as share prices are these days, there are still some good stocks worth picking up, if you happen to be on the look-out (or a few good shares to bold on to. The hesitant long-term investor may want to wait until
      by HOCK LOCK SIEW  -  650 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      171 11 Make all business your business Business Times has a number of vacancies for trainee journalists. We are looking for young, intelligent people who have a real desire to contribute to the fabric of the business, political and social scene in Singapore. Recent graduates and nongraduates will be considered but successful
      171 words
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      Page 11 Advertisements Column 2
      74 11 7^ :\*W, "fill* iMirii assaysW" joucnT" R"\ **>« --1 i ii»i»]jj lis it: W* N I »t X* fPMM uyBH33S UPSKV :< l T SJlI»:!l e u H w? KmK' 'W wJ. r: i 5w iti'ii 'it fl mi 0 N F sa 9E9898S 6355w*****5mC ill fT PPKSgpSu;»it'>iii. H. i*
      74 words
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  • Article
    Revenue from vehicles up 25pc to $402m
    307 12 THE Registry of Vehicles has the affluent car owner to thank for collecting $402.1 million in revenue last year. This was a 25 per cent rise over the $22.7 million collected in the previous year. The rise may be attributed to increased revenue
    307 words
  • Article
    Lock icon Japan's visible trade balance in deficit
    215 12 Reuter JAPAN'S visible trade balance turned into a U553.96 billion deficit in the January-June from a $3.21 billion surplus in the same period last year. Preliminary FOB exports in the first half rose 22 per cent to $57.71 billion from $47.34 billion a year
    Reuter  -  215 words
  • Article
    Petrochemicals may be sold through Intraco
    502 12  -  By RONNIE LIM, Chief Reporter SINGAPORE-MADEpetro-chemicals from the $2 billion Ayer Merbau complex coming on stream in 1982 could be sold through the government-backed international trading company, Intraco, if marketing contracts between the company and downstream petrochemical companies are established. Intraco's managing director, Chandra
    502 words
  • Article
    Lock icon Thais and aid officials still fail to agree
    270 12 AP A SENIOR-LEVEL meeting of international relief agencies and the Thai government failed to come to an agreement about a sensitive operation which has sent thousands of tons of food to guerillas of toppled Kampuchean premier Pol Pot. A joint press release
    AP  -  270 words
  • Article
    QC argues there can be no guarantee
    118 12 A QUEENS Counsel told the High Court yesterday that there can be no guarantee if the money payable is in a different currency from that of the principle debt. Mr Christopher Bathurst, counsel for Mr and Mrs Goei, also contended that Moscow Narodny
    118 words
  • Article
    Joint venture company
    22 12 A MALAYSIAN company, Komplek Kewangan Malaysia, has signed a joint-venture agreement with the New Zealandbased South British Insurance Company.
    22 words
  • Article
    The dilemmas in medical education
    316 12 PROFESSOR Wong Hock Boon, Head of the Department of Paediatrics, highlighted 10 dilemmas in medical education when he delivered the 75th anniversary of the Faculty of Medicine Oration yesterday. Professor Wong said the first dilemma is that the student is fed too much of what
    316 words
  • Article, Illustration
    Lock icon Suzuki appointed prime minister
    307 12 Reuter MR ZENKO Suzuki was appointed Japan's prime minister by parliament yesterday and tie immediately formed a cabinet of seasoned politicians who are expected to develop major policies of the late premier Masayoshi Ohira Mr Suzuki was declared the new premier after receiving a majority of
    Reuter; AP photo  -  307 words
  • Article
    LONDON STOCKS
    516 12 LONDON, Hairs. «a»»m rt enned foliowtng the Bank of lending rate, bat government bands finned after money supply figure* in line with market expectations, dealer* aid. At Spin, the FT Index waa down 4.1 points at Government bonds ended with rises ranging to H points, with operators hopeful
    516 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      141 12 20 y ears of experience best offered in 4 days J4 Antique Blackwood and Rosewood Furniture, Porcelain Waits, Goldleaf, Screens, Wall Plaques, Chinese Scroils;and many, many other items. All imported directly from China. At most competitive prices on 17th, 18th, 19th and 20th July only Only 15 minutes drive from
      141 words
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      Page 12 Advertisements Column 2
      207 12 ATRULY HAPPT PERSON IS A HEAUTRY PERSOH Dewitt's Group of Products good family medicine. FOR BACKACHE AND JOINT PAINS: DeWitt's Pills this is prepared specially to relieve lumbago, afiatica and backaches. FOR COUGHS: DeWitt's Cough Syrup with Guaiacol and Creosote or EteWitt's Peppermint Remedy is specially formulated for coughs due
      207 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Partly cloudy. Rupert for 24 hoars prior to 7.3# p.m. mi July H at the airport. Maximum temperature 31.1 Associated humidity 70 Minimum temperature 23.5 Associated humidity 96 Hours of sunshine 4.85 Rainfall in millimetres 0.7 Total rainfall for the
      59 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Super container ships
        74 13 UPI THE Soviet Union has commissioned three large modern container ships to the Australia-Nakhod-ka route and two on the Soviet-Canadian route. Japanese shipping industry sources said the five so-called super container ships had been operating between the USSR and the US west coast. Four of the five
        UPI  -  74 words
      • Article
        Lock icon No to higher surcharge
        91 13 Reuter ALL shipping conferences including the Karmahom Conference have agreed not to recommend to their member lines the imposition of a congestion surcharge on Bombay port. Official sources said NR Mane, deputy chairman of the Bombay Port Trust, succeeded in impressing upon conference representatives that berthing
        Reuter  -  91 words
      • Article
        Lock icon Modernising Indian ports
        73 13 AFP THE INDIAN Government plans to modernise all major Indian ports to ensure quick and efficient handling of traffic. The Indian Shipping and Transport Ministry said that it has drawn up a massive programme for the purpose involving an anticipated expenditure of 990 million rupees. The programme
        AFP  -  73 words
    • Article
      NMB to work out scheme for above average seamen
      715 13  -  By LINDA CHEE THE National Maritime Board is believed to be working out an alternative scheme for rewarding "above average" seamen. This move stems from the difficulties it envisage in trying to implement the two-tier wage increase guidelines recommended by the
      715 words
    • Article
      Lock icon Japan's shipbuilding orders fell in June
      133 13 Reuter FOREIGN shipbuilding orders received by Japanese shipyards in June fell to 21 vessels totalling 377,000 gross tons from 23 totalling 465,000 tons in May, the Japan Ship Exporters Association said. This compares with 21 ships totalling 297,000 tons a year earlier. The june
      Reuter  -  133 words
    • Article
      INDEX TO ADVERTISERS
      626 13 SUpptegUae C*i Sfcippiag liae P««® CM Adriatic IV 5 Everett OriAfea VI 3 ent IV 4 Afro-Eurasia vn 2 Evergreen IV 3 Anhsing vn 1 Fesco V 1/2 All trans VI 5 Flotta Lauro V 5 Alpac VI 5 Fortune VI 5 Angkutan VI 4 Franco-Belg m
      626 words
    • Article
      Lock icon Captain freed by Liberia denies scuttling Salem
      526 14 Reuter UPI THE Greek captain of the Liberian-registered oil tanker Salem on Wednesday deiied scuttling the ship off West Africa last January after selling its cargo of oil to South Africa. Captain Dimitrios Georgoulis said the Salem had not gone to South Africa
      Reuter; UPI  -  526 words
    • Article
      Lock icon Greeks protest arrival of Turkish vessel
      261 14 UPI HUNDREDS of angry Greeks marched on the port of the tourist island of Rhodes on Tuesday to protest the resumption of ferry service with the Turkish mainland port of Marmaris. Demonstrator prevented the Turkish» vessel, the Gemlik, from docking at the end of
      UPI  -  261 words
    • Article
      Container Schedules
      999 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival Is advised by the Shipping Line/Agent and Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      999 words
    • Article
      LONDON FREIGHTS
      1406 14 CONTINUED Chinese time-charter business featured the freight market on Wednesday with at least three vessels arranged for August delivery. Two 28,000 tonners were booked at $10,000 daily with delivery Gibraltar and Rotterdam respectively for voyages to China, while a 26,000 tonner was arranged with delivery Houston at 110,400
      1,406 words
    • Article, Illustration
      Lock icon Athenian Tankers look ahead with Russian ships
      1119 15 Lloyd's List A NEW period of growth for Athenian Tankers, the leading vegetable oil shipping group is heralded by an "unrepeatable deal". The deal is the addition of Russian newbuildings which will expand its vegetable oil-carrying fleet. And the Piraeusbased outfit is seriously
      Lloyd's List  -  1,119 words
    • Article, Illustration
      SHIPS IN PORT
      494 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Auby (0900) 20 East Blue Matsuyama (RO/RO) (1100 Req. starboard to) 33/ 34 Cherry Jay a (0700 after HL4) 27 Wng Min (0900) 46 Durian Queen (after Yamatomo Maru Subject Free Board) 19 Emelyan Yardslavskiy (1500 after King Pearl A Pakarti Em
      494 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2966 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      2,966 words
    • Article
      Demand for coasters in traditional trades
      1059 20 ORIENT EXCHANGE TH» Asean market continuouwith coastal vessels in traditional trades in demand and tugs and barges enjoying reasonable- conducts. The freight market internationally is experiencing a depression caused mainly by the grain market. Currently a 70,000 tonne grain cargo on a traris-Atlantic run
      1,059 words
    • Article
      Lock icon Commercial ships to supply US navy
      139 20 UPI THE Zapata Patriot has left the Philippines to deliver niiw> million gallons of water to US navy ships in the Indian Ocean, navy sources in Manila said. The 35,000-ton tanker is one of seven commercial ships chartered by the US government from American
      UPI  -  139 words
    • Article
      WHO ACTS FOR WHOM..
      1499 20 The leading shipping lines operating from loeal ports and the agents who handle cargo bookings for them. A B Adriatic CMUiaer Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)Euro-Asia Line Alfred C. Taepfer Sea Consortium (S)/Marintex Enterprise (PK). ft Iff Intrasea (S)/Yeo Shpg and
      1,499 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      294 13 v*& Europe Our Next Loader Port Kelang: Singapore: 22/7 For further details, see page V 49» .1 RI) I\ I A\ I Ml Orient Overseas Co*dci*teA. Line rrrrxc SERVICE FROM rrrr FULLV CO»T«OISED EXPRESS. TO/FROM NORTH AMERICA WEST COAST **0. SFOK*I NX Seifflt Van BC SfO/OA* Mr n==T7l SSmffiSS 19/7
      294 words
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      Page 13 Advertisements Column 2
      375 13 SI SEALORI) LU ANTAH H UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI PURPOSE SERVICES BN KHAIUKAN V.27 BNDURAD V.39 Dubai (31/7). Dammam (3/8). Kuwait (6/8). Doha (9/8). Abu Dhabi (12/8) Mina Qaboos (3/9) Mma AJ Fahal (4/9) Dubai (6/9) Damman (8/9) Kuwait (10/9) I FULLY CONTAINS Vessel GRAM) NAVIGATOR
      375 words
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      Page 13 Advertisements Column 3
      21 13 I mds CONTAINER Schedules n LONDON Freights n/m SHIPS In Psrt ffl Shipping Li5t.................................... vn REGIONAL Weather vm ORIENT Exchange VHI
      21 words
    • Advertisement
      Page 13 Advertisements Column 4
      406 13 A \v*' Australia Our Next Loader Port Kelang: J 9/7 Singapore: 25^7 For further details, see page V MAERSK LINE EXPORT W L General Agents BORNEO SHIPPING PTE. LTD. FULL CONTANERSHIP SERVICES Tel SINGAPORE *****11 CFS *****66 Terminal *****77 P.J. *****5 *****5 P. KELANG *****2 PENANG *****5 port P Kebni
      406 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      702 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KFLANG PFNANG MALAYSIANINTERNATIONAL SHPHNG CORPORATIONBERHAD HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 T< Eiwot S pore 1) Msedles 2) Rdam 3) Hburg 4) Gburg Cowtaintf Strrtce Feeder *P Ketang Vessel B DAHIA 19/7 SELANUA B PLNAGA 27/7 B
      702 words
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      Page 14 Advertisements Column 2
      192 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA FtM* Ma •a/7 1-2/1 74/1 •10/1 CM Mm 1/9 8/9 2S/9 1/1 •Viktor Fa Caabtomator Naa tcc**| Catatoan to CMNHE SINGAPORE CALIFORNIA EXPRESS CONTAINER SERVICE ONLY 22 DAYS MONTHLY SERVICE TO VENEZUELA WEEKLY SERVICE FROM US ATLANTIC/GULF
      192 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      656 15 Overseas J Containers Limited Weekly service to/from UK/Europe rw_j STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Containership Services To/From Bangkok CONTAROSHP SERVICE TO UK/CONTWENT: Nta| Spvi Pite| Dmart Br cm Bmmn Eiartu MM Uh Btomm Kmlm Bay Honftonf Express Tokyo Bif 14 Aug 2 S«p 4 S«p
      656 words
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      Page 15 Advertisements Column 2
      619 15 NOTICE CARGO VESSEL AVAILABLE 2000 dwt single decker avaiable Singapore about 26th July 1980. Interested in cargo direction East Malaysia telephone: *****33. Franco Belgian Services I h'. r Kii s' F> i .f>c rt »i i lit t r hiiSttYf. I.tncs 1 U«M Sat NEPTUNE CORAL 22 J ON CONTARCR27
      619 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      493 16 TO WORTH HM»C Hapag-Uoyd TOHPTPMWtA 11/» 8/8 10/1 18/8 20/8 21/8 23/1 25/8 27/8 1* HK S'poit f Mang Genoa 13/7 15/7 'fort 20/7 10/8 22/7 24/7 25/7 31/7 19/8 2/1 3/1 l/» 127/1 ?y*. J* P«" >*Pt Gtnoa H"borf Bremen »/7 li/l 21/1 11/8 2C/I 2«/7 31/7 27/1 Zl/I
      493 words
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      Page 16 Advertisements Column 2
      494 16 KOREA LINE SHIPPING CORPN ALTAR 153W 19-22 My 23-26 July 27/31 My FROM BUSAN BANGKOK ALT AIR 154E 19-22 July 23-26 My 27-31 July TO BUSAN VEGA 151W 10/13 Aug 14-16 Auf 17/20 Aug FROM BUSAN BANGKOK VEGA 152E 10/13 Aug 14-16 Aug 17/20 Aug TO BUSAN INCHON KSC KSC
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      Page 16 Advertisements Column 3
      441 16 EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICf ACCEPTING CARGO FOR; HAMBURG. FELIXSTOWE ROTTERDAM. ANTWERP. L£ HAVRE ALSO ACCEPTMG CARGO FOR: UNtTED KMGDOM SOUTHAMPTON. LONDON, MANCHESTER. BRMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS T GERMANY HOLLAND AMSTERDAM 21M| 11 km 13»* ISA* UA? 11* ifmLni IN a N »»m Him nim
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      Page 16 Advertisements Column 4
      704 16 X y x > y s > y X 9 't Everett Line y*. >s Inn* Fin Star Skipaiaf Carp*. "BURMESE NATIONAL LINE" LOADPK FOR RANGOON *>". raa MPW/»R# ,f Sic '^^ESSSSIP "argentine'natlonal^Jn'e" 10ADVK FOi DURBAN, CAPETOWN** ,**MONTEVI)EO, BUENOS «£S Ifm Momum i7/ii CirA TramfWtMwii Nbritima Mnicaiia S. A. V***
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      Page 16 Advertisements Column 5
      552 16 tXO.S.E nr.FAN SHIPPING FNTFRPRKfs PTF I Tn OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE Sappon f. Uh| loMte fir a/8 My 27/21 My STMEL.I BANGLADESH SERVICE 15/14 N CHCTAGONG, CHALNA JAPAN/STRAITS SERVICE GDOM AGEWS SMEAras. m 22*1144/7 I 22*137* K LUMPW IE 444(44 4*4751 com MO BOOK IK
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      811 17 k. PIL GROUP EAST AFRICA/REDSEA SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES Singapore 29/31 Mr Loading For: Chttagong. Madras SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS/ VESSEL VOY *N*p. Topaz 148 N«p. Zircon 14S Nop. Topaz 16S Nop. Zircon 16S MANILA HONGKONG SINGAPORE BANGKOK HONGKONG MANILA 10-11 July 13-14
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      Page 17 Advertisements Column 2
      847 17 n rmJ I BEN LINE CONTAINERS Mq»My UMpMltv EXPKSS CONTMKR SERVICE TO/FROM MOPE KWK rWKN HDAM HAVRE SOTON S'pera P IM| IF Germany/ feßtaaA*w» Franc* Al U K 11/7 VI 11/1 12/1 14/1 in ii/ 7 v* ivi ti/a ivi iv» nn ivi w n/i at w i/i 21/1 a/i
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      Page 17 Advertisements Column 3
      717 17 Scan Dutch? WEEKLY EXPREBB CONTAINER SERVICE IQmed/uic/nc/scan IHU nn Mb mm tnmt nn 55® Vt tmm vi mi tS2S JSIS 1 r\MAfiA a/| mm frtat, Uerpeel lU.. Cw, mm* S/7 1/4 W7 VI VI 1/8+ K '5 I 'i "t Mr to UC n 1) MMmo. ItoclMM. Odt. HMsadu 2)
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      Page 17 Advertisements Column 4
      503 17 SI ft BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNON ft SOUTH4FRICA KUANJAN SU SNGAPOtt Sm eta Reunion 27 Durban 2 Capetown 9 Pt tlu 13, (also accepting East London carp) STREAMBANK BEAVERBANK 21 23/8 Se«nba«an| Pt-11/7 24-28/8 Lykosfe Linos U.S. NEST COAST SERVICE Stk Tac VBC (al vessels ahc cj!
      503 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      781 18 I 1 1 X*.- K. LINE KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA r Ac* 21N hftrt 21/7 31/7 2/8 Mr NMh itMk ripnt ftLI. J t IBS W nRBtOR- bJWWW^ TO EUROPE S S BADGE 27* N CORAL 19* C CONTMCR 7* K JACUN6W T* BRDGE
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      Page 18 Advertisements Column 2
      425 18 CALfORRM/PACfK NORTH NEST SERVICE EXPRESS CONTAMER/REEFER SERVICE i«*« »r i« wno. an mieei emi. iitae. eroei it Nmuncam AUSTRALIA EXPRESS CONTAINER SERVICE I" I"1 T1 '■il*iii NEW ZEAUND SERVICE JAPAN SERVICE yiSHVA HARUNA A VESSEL 29/30 Mr 31 My/ 1 Aag is/19 a« INDIA SERVICE Shop* PJMm rrnm* LM*« P
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      Page 18 Advertisements Column 3
      561 18 < I'OIII) SINGAPORE SHIPPING AGENCIES PIE LTD 20TH F LOOR OCEAN BUILDIN'j SINGAPORE 0104 VARKETING 9111 22 (3 LINE SI GENERAL *****' 14 LINES' TERMINAL OFFICE 722VJ63 TELEX RS ***** R*> ***** BCARSHIP CABLE CARGOSHIP c iiHiiiii I HI 111 iri'!lional Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK WELLTIME LINE
      561 words
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      Page 18 Advertisements Column 4
      510 18 Bqranard lime INDEPENDENT A TTRACTIVE RA 7ES MEDITERRANEAN SEA SER VICE ALSO ACCEPTING CONTAINER CARGO PCL ONLY FOR PORT SAID, ALEXANDRIA. BEIRUT. LATT4KIA. UMASSOL ISTANBUL PIRAEUS Specially engaged agents stevedores providing immediate discharge Fam* STM V.3W MM CtCONC V.41N.. +C*| Port UH Hum Vtm MPtrt 27 a* SLattakfaariy STRAITS/EAST ASM
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      Page 18 Advertisements Column 5
      664 18 INTW ASEA (PTE) LTD f.iber House 23-1E Orchard Road Singapore 9 Telephone *****11 *****57 BfQMALEM&'EiMWM REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE rpan P. Ketoug Pmmr Leodtattar 4Am lAm lOTTERMMTMU CAEN AgeM» Stogapere MTM» (TIE) LTD *****11 BOOUNC *****57 K.lMpw- TEO SMPPME I TRAMS *****4, *****2, *****8 PMM| BITER OVERSEAS
      664 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      638 19 TO EUROPE/UK (VIA SUEZ): S.S. BRDGE Saile H CORAL+ 22/1 C. CONTAMER 21/1 K. JACEJM 1/8 C. PAUL 15/8 TW BRDGE 15/8 MERCATOR >.21/8 Container feedered to/from F'stowe Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ): It PEARL C.PAIR. TW BMDGE MERCATOR C.ROZE K. JACEWON—HK CONTAMER. Sailed ......Sailed Sailed
      638 words
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      Page 19 Advertisements Column 2
      116 19 MALDIVE LINES MALOIVEaEAPAftER LOAONG FOR DUBAI MAUNVE PMXMEM LOADNG FOR DAMMAM/ KUWAIT MALDIVE NOVEL LOAOWG FOR JEDOAH/ HOOEDAH LCNAKAY LOADING FOR HOOEDAH MALDIVE NOME LOAOWG FOR ADEN MALDIVE PROMOTER LOADING FOR JEDOAH MALOfVC NEIGHBOUR LOADNG FOR HOOEDAH MALDIVE PIONEER LOAONG FOR DUBAI/ DAMMAM/KUWAfT MALDIVE AMTTV LOADMG FOR ADEN/DJBOUT1 ETA n*
      116 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      355 20 EGYPTIAN INTFBISIATIDNIai I INF IFII i INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FROM EGYPT ALEXANDRIA SINGAPORE 9MD U Salad In Port ACCEPTWG CARGO FOR BUSAM, MOl. KOBE. YOKOHAMA GENERAL AGENTS I N SHIPPING PIF l!D TEE *****11 SINGAPORE) C'.O ??3?343 MX R*****7 SUB AGENTS HS H M SDN BHD TEL *****3
      355 words
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      Page 20 Advertisements Column 2
      541 20 W OCEAN LINES IJiHITVITToT RENCE SERVICES MEDITERRANEAN SEA SERVICE S port PHelanj Penam Loadmj (or OCEAN GLORY VIOWB 10 Am Pwt SM/Lints^/Nti«dria mrag PVaeus/Beevt/Riieki/Bowias CHALLENGE V.4NB 28 Am Said/U»*ual/ Mil Mirti CAMERON CELTIC LINE (UK) SERVICE FROM WOWStt/SMGRKKE/IMUYStA TO ITALY, SETE AN) NORTH CONTICNTAL Teto* Aycr Samprt S'| HV. uNMomo
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      173 20 >£l3;£ i;:S: iip ETI fg Regional 1 89 °v 2( JO2 m mm :*s ;:>y .iTTI a m I m K ft I 2$ h J k I 'w Si 3S a I iA If "W >) I > SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. °C
      173 words