The Business Times, 23 July 1980
1980-07-23
1
20
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The Business Times
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Title Section11 1980-07-23 1 BUSINESS TIMES M.C.(P) No. 111/1/8« WEDNESDAY, JULY 8, l»8t 50 CENTS11 words
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BRIEFLY...
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Article53 1980-07-23 1 Reuter LONDON, Tues. The recession-plagued British government has announced its worst unemployment figures since the Depression of the *****. The Department of Employment said 1,896,634 people were jobless this month. This is 7.8 per cent of the adult work force. The figure had leapt by 236,958Reuter - 53 words
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Article51 1980-07-23 1 Reuter JAKARTA, Tues. An Indonesian garment manufacturer has cancelled a U*****,000 British machinery order in protest over an EEC limit on Indonesian textile exports to Britain. The chairman of the Indonesian Garments Association said the manufacturer has placed the order with another country which he did not identify.Reuter - 51 words
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Article36 1980-07-23 1 THE 6,000 marines on board USS DwightD. Eisenhower spent about US$l million while on shore in Singapore. An American Embassy spokesman said yesterday most of the money was spent on entertainment and shopping.36 words
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Article53 1980-07-23 1 Reuter NEW DELHI, Tues. External Affairs Minister P. V. Narasimha Rao said today India would follow up its recognition of the Heng Samrin government in Kampuchea with aid to the Indochinese country. Mr Rao was speaking to Indian newsmen in New York after talks with Philippine Foreign MinisterReuter - 53 words
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Article71 1980-07-23 1 Reuter BRUSSELS, Tues. European Community steelmakers are likely to agree to a cut in crude steel production of at least 18 per cent in the second half of 1980, EEC sources said today. But an EEC Commission spokesman told reporters during an EEC Foreign Ministers meeting,Reuter - 71 words
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Article54 1980-07-23 1 AFP LONDON, Tues. The International Whaling Commission today threw out a proposal for a total moratorium on whale catches. The proposal did not obtain the required threequarters majority and thus, for the fourth time, failed to get past the Commission, even though a majority of the 24AFP - 54 words
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Article77 1980-07-23 1 AP BANGKOK, Tues. A second round of talks between Thailand and Laos ended in a deadlock today and Thai officials announced that the frontier between the two countries will remain closed. Thai army chief of staff, General Saiyud Kerdphol, told reporters after the meeting that Thailand insisted thatAP - 77 words
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Article72 1980-07-23 1 AP NEW YORK, Tues. Stock prices continued to rise as Carter Administration officials said fighting inflation remains a major economic goal. The Dow Jones average of 30 industrials, which is at its highest level in more than three years, climbed 3.24 points to 931.91 in the first half-hourAP - 72 words
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Article149 1980-07-23 1 Rises O U E 845 80 S T P 1975 710 55 Magnum Corpo 1090 50 Nat Iron 625 40 Berjaya Kawat 352 36 Supreme Corpn 352 36 Nanyang 420 34 Sin Chew 515 33 Tan Chong 885 25 Kuchai 555 25 Sealion 330 24 M Banking149 words
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Article, Illustration147 1980-07-23 1 Rises Magnum Corp 1090 +60 Supreme Corp 350 34 C Bintang 430 32 U Cables 515 25 Tan Chong 890 25 B Kawat 340 24 Sh Chan 210 23 Paper Product 446 20 Bt Semb 380 16 Oriental 434 16 Esso Ord 580 15 Guinness 750 15 Falls147 words
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Article742 1980-07-23 1 HOCK LOCK SIEW - PROJECTS OF $190 m IN PIPELINE By HOCK LOCK SIEW TIMES Publishing Bhd, which recently made a general offer for all the shares in UK-based publishing company Marshall Cavendish Ltd, is branching into the property development and construction business. Times Pub's whollyowned subsidiary, Times Construction Pte742 words
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Article200 1980-07-23 1 THE Provisional Mass Transit Authority will begin functioning on Friday and will be responsible for preliminary work on the Mass Rapid Transit (MRT) system. Ten officials from both the private and public sectors have been appointed to sit on the board of the provisional authority.200 words
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454 1980-07-23 1 SINGAPORE'S new economic policy which calls for a significant amount of restructuring was put off in the early 1970b because of the oil crisis. It is being implemented in the '80b because the economy can undertake a major restructuring, Mr Robert lau, general manager of the454 words
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Article302 1980-07-23 1 PIZZA Hut, to make its debut in People's Park next month, will have at least six outlets in Singapore within a year. Ben A Co, which obtained in April this year the franchise from Pizza Hut Inc, a leading pizza chain in the world, has302 words
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251 1980-07-23 1 THE CaM Storage HaMli|* piaa (CBH) kaa made a $22 mllllaa (AH mllllea) cm! affer far tke «■lire rtirtlwMlßt Aastrattaa M ud Bawr grasp Fatllaad Haldlags (PHL). CaM Storage nU yesterday that Ike affer to beiag made by Ha wfeailyary lalaad laveatmeats. It251 words
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444 1980-07-23 1 FONG MEW LENG - By FONG MEW LENG A SEVERE shortage of computer software personnel and the rising cost of employing them is threatening to squeeze many smaller companies in the computer industry out of business in the next two years. The shortage will have wide and serious long-term444 words
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Page 1 Advertisements
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Advertisement5 1980-07-23 1 TheMMOUAEP3K> PPC does it all.5 words
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Advertisement69 1980-07-23 1 Afro-Eurasia Line S.A. (Chiasso, Switzerland) Southern Africa Service A.E.L. of Switzerland monthly independent container and breakbulk service from Singapore direct to Port Louis (Mauritius), Capetown, Port Elizabeth, Durban and Maputo. Through Bills of Lading for containers to Johannesburg and Salisbury. Independent service employing modern multi-purpose vessels. Competitive rates to all69 words
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Advertisement61 1980-07-23 1 Mas: SHIPPING TIMES TECHNICAL eeatre for small HOW to get the hawkers to pay eampaafte5................................. I ay 7 BUSINESS challenge* sf the WHAT MaaaLife eaa bring to lttts— —I the market...—........... I MAKING It safer far sav- BARLOW to aeqalre maaagelngs 7 meat eampaay 11 AIRCRAFT i, TV AND RADIO61 words
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Advertisement64 1980-07-23 1 BALLY °f Switzerland i A X Internationally recognised as trend-setters. Leader... Page C Ricoh's DTIBOOR Reduction Copier. It means reduced size and reduced costs. DTIBOOR f Fof more infofmation call *****5 h Wywy Private Limited Wywy Hmm. 17, Lang Me Road. jin»eann Mil Tat *****5 Indonesia Aroc jaya Business Macr»nes64 words
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TRADE AND INDUSTRY
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Article272 1980-07-23 2 SEMINARS AND COURSES July 28-29: Finance for NonFinancial Managers, Shangri-La, Price Waterhouse July 30-Aug 1: Strategic Management, Shangri-La, SIM in conjunction with University of California Extension, Berkeley July 31: Software Designs and Software Blueprints, Suite 5264 Woh Hup Complex, Mechanical and Combustion Engineering Aug 9-16: Mobil Oil Spill272 words
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665 1980-07-23 2 RICHARD SEAH - By RICHARD SEAH A BELGIAN company involved in the transfer of technology to developing countries plans to set up a small industries service centre in Singapore. The regional general manager of FN Industry, Martin Davidson, disclosed that negotiations with a statutory board for the establishment665 words
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389 1980-07-23 2 SINGAPORE may have a low inflation rate among developed countries, but the way consumer prices have picked up since the beginning of this year certainly give cause for alarm. The consumer price index for the first six months of this year was 9.8 per cent389 words
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Article, Illustration144 1980-07-23 2 THE automated air traffic control system for Changi Airport has been commissioned after extensive operational tests by the Department of Civil Aviation in consultation with the Telecommunications Authority of Singapore. The system, code-named LORADS, consists of long range primary and secondary surveillance radar, radar displays, electronic data144 words
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169 1980-07-23 2 COMPANIES wanting to increase their level of automation can now get guidance from a seminar to be held by the National Productivity Board. The three-day seminar to be held in September will complement the board's Automat '80 exhibition. These are part of the NPB's plan169 words
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Article75 1980-07-23 2 MEMBERS of the Singapore Institute of Surveyors (SIS) has elected Mr G.S. Senas as their president for the new 1980/81 session. Mr J .A. Phillips has been elected vice-pesident; Mr Wee Soon Kiang honorary secretary; and Mr Goh Tiam Lock honorary treasurer. Other members ot the new75 words
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Article239 1980-07-23 2 THE MANUFACTURING sector in Malaysia can be expected to continue to be a major source of growth and employment in the 1980s. In his latest statement to shareholders, MIDF chairman Tun Ismail bin Mohamed All emphasised the growth potential of Malaysia's domestic market in the239 words
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Page 2 Advertisements
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Advertisement417 1980-07-23 2 SPEND NATIONAL DAY WEEKEND AT CLUB MEDITERRANEE, CHERATING Tl rv J* m &v 1 m h,. r--1 .i I > V V > fas. a 1 i H h f 0 -7 A s <" <r- >■■ KS 4 r VN M Vr IQf y V s SKWES -and try417 words
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Advertisement64 1980-07-23 2 Valuations for all purposes including balance sheet, taxation, mortgage, sale, purchase, rental, business transfer, liquidation, compulsory acquisition, probate, rating and fire insurance Sales conducted by private treaty, public auction or tender For details consult Plant A Machinery Valuer Mr Michael Lui Pla Mach It and inery LL CITY VALUERS CONSULTANTS64 words
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REGIONAL
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320 1980-07-23 3 AFP SENIOR Lao negotiators met Thai officials again in Bangkok yesterday in a continuing bid to settle the Mekong River frontier issue. But Thailand, which sealed the border in stages last month after what it called an unprovoked attack on a Thai patrol boat,AFP - 320 words
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Article241 1980-07-23 3 PRESIDENT Ferdinand Marcos yesterday urged Asean health authorities to launch a "united offensive against disease and ill health in the region." Opening the first Asean health ministers meeting in Manila, he said a common mechanism for surveillance of communicable diseases and a regional health information system must241 words
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219 1980-07-23 3 Reuter BANGLADESH President Ziaur Rahman, who is holding talks with Chinese Premier Hua Guofeng, is likely to seek Chinese aid for his country's second five-year plan which started at the beginning of July, sources said. They said the eight-mem-ber Bangladesh Gub ofReuter - 219 words
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Article173 1980-07-23 3 AP THE SOUTH Korean government has dismissed a total of 1,819 executives and employees of state-run banks, corporations and other organisations in a continuing purge of corrupt and inefficient officials. This followed two similar purges earlier this month when 4,992 government officials, including a cabinet ministerAP - 173 words
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159 1980-07-23 3 Reuter INDONESIA has begun a feasibility study and site preparation for the construction of a US$7OO million aromatics/petrochemical centre in Plaju, south Sumatra, Minister of Mines and Energy Subroto said. Mr Subroto said the Indonesian government hopes to form a joint venture with a foreignReuter - 159 words
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Article120 1980-07-23 3 AFP FORMER Thai Prime Minister Kriangsak Chomanan has denied speculation that be is trying to undermine the government of his successor, General Prem Tinsulanonda. In an interview published yesterday in the English-lan-guage Bangkok Post, General Kriangsak urged full support for the four-month-old government, which he said facedAFP - 120 words
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THE REGION IN BRIEF
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Article492 1980-07-23 3 Agencies BANGLADESH has been putting pressure on the Indian government for immediate implemention of the Indo-Bangladesh land boundary agreement signed in 1974, Deputy Home Minister Abdus Salam said in Parliament yesterday. Replying to Mr Shahjahan Siraj of the National Socialist Party, the Minister said that India had notAgencies - 492 words
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Article158 1980-07-23 3 Reuter THE JAPAN Mining Association president, Satsuo Takashima, said yesterday he hoped the government would establish a strategic stockpile of non-ferrous metals, including copper, as part of its overall security programme. He told reporters that he hoped an American-style strategic stockpiling will be adopted becauseReuter - 158 words
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512 1980-07-23 3 Reuter AFP THE BANK of Japan will stick to its present tight money policy because the domestic economy continues to expand despite signs of exports levelling off. The bank's Governor, Haruo Maekawa, told a meeting of branch managers that Japan must improve economic fundamentalsReuter; AFP - 512 words
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Article151 1980-07-23 3 UPI IRAN has proposed to resume crude oil exports to Japan in October, oil industry sources said in Tokyo yesterday. The sources said Iran s state-run oil company, NIOC, made the proposal to Japanese refiners and said it is ready to start talks for new contracts byUPI - 151 words
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341 1980-07-23 3 Reuter THE Japanese Cabinet has appointed former foreign minister Saburo Okita as government representative for external economic relations to succeed Takeshi Yasukawa. Mr Okita, foreign minister in the late Prime Minister Masayoshi Ohira's administration, will be responsible for some trade and economic negotiations with theReuter - 341 words
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Page 3 Advertisements
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Advertisement89 1980-07-23 3 1 II II j III! I Easygoing to the East coast U. S. A. We cover seven major East coast destinations. New York, Washington, Chicago, Boston, Philadelphia, Miami and Detroit.They're all only two stops away 6n wide-bodied 7475. Or you can slice the world in half by flying supersonic on89 words
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RAW MATERIALS
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Article132 1980-07-23 4 AFP COCOA prices, already at four-year lows because of a big world surplus of supplies, seem destined to remain very weak in the near future, according to the latest forecasts by cocoa brokers Paterson, Simons and Ewart. They considered that West African crops would not varyAFP - 132 words
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Article188 1980-07-23 4 THE Chicago Board of Trade wheat futures ended USS '/i to one cent a bushel lower on Monday. Prices settled near the top of a 12 cent range. Large lot exporter and commission house buying, in reponse to export business pending this week, lifted prices to the day's highs.188 words
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Article315 1980-07-23 4 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.06, 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 no315 words
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Article287 1980-07-23 4 IN Singapore, the market closed higher yesterday with August One RSS buyers quoted at 283.00 cents per kilo, up 1.50 cents from Monday's close, dealers said. The morning session firmed 1.25 cents on some trade and upcountry buying coupled with covering interest. Steadier conditions persisted during afternoon trading due287 words
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Article304 1980-07-23 4 R.A.S. prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 281.50 282.50N Int. 1 R.S.S. August 282.50 283.00 Int. 1 R.S.S. September 283.00 283 50 Int. 2 R.S.S. 276.00 277.00N UK/Cont 275.00 276.00N Int. 3 R.S.S. 273.00 274.00N UK/Cont 272.00 273.00N304 words
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Article98 1980-07-23 4 NOON SSR ai ■d SMR i pricee yesterday RA8 SSR 20 SSR 50 (1-hx (1-tM pallet) i palkt) Aipat (Cirml Mtk) Buyer* Salter* 259 50 261 50N 256 50 258.50N September (Forward NU) Buyer* Heller* 260 50 262.50N 267 50 2SA.50N MRELB Aifut Saptaaibar SMRCV SMRL SMR98 words
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Article94 1980-07-23 4 THE Straits tin price la Ptaug yesterday reee Ms 42 per pkil to $2,157, $12 above the Internati—il Tin Agreement celling, dealers said. A higher Leaden closing en Menday night, aided by the unsettled political situation In Bolivia has prompted renewed strong haying support from Earopeaa, US aad94 words
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Article39 1980-07-23 4 Rubber: July 22 Singapore: Aug: 283.00 cents (up 1.50 cents) Malaysia: Aug: 288.50 cents (up 2.25 cents) Tin: M 52,157 (up $42) (equivalent to $35.67 per kilo) (up 70 cents) Official offering: 233 tonnes (up 31 tonnes)39 words
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Article173 1980-07-23 4 CHINEBE Pniiee Exekuge, fcppwii, rlwhg prices per lMkg yMtfrity: Cm—l ell: Bulk fob 143.75 sellers, old drum (in second hand drum) fob $153.75 sellers, new drum fob $159.75 sellers. Cepra: Mixed (loose) 186.50 buyers. Pepper: Muntok white pepper fob Asta NLW 1425.00 sellers, Sarawak white pepper faq fob173 words
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Article228 1980-07-23 4 THE Chicago Board of Trade soybean futures closed locked down the 30 cent limit on Monday. Ttraders estimated pooled sell orders at 8.5 million bushels, of which 5.5 million bushels were for the November contract. Local and commission house liquidation, on reports of increased precipitation in Louisiana which is228 words
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189 1980-07-23 4 Reuter A three-week-old strike, which has idled most copper producing companies across the US, helped raise prices above the psychological dollar mark for the first time in about four months, analysts and traders said. While the strike is not expected to curtail supplies beforeReuter - 189 words
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Article753 1980-07-23 4 COFTEE: Robusta futures closed the morning steady, little changed from opening levels but still with losses from Monday of £21 to £12 per tonne. Turnover was 1,125 lots including one option and around 220 lots of cross trades. Dealers said prices held a narrow £10 trading range throughout753 words
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Article139 1980-07-23 4 IN Kuala Lumpur, values weakened in line with easier overnight Chicago market yesterday, dealers said. Trading was fairly active with July traded at M 5852.50 per tonne in the north, $860 in the south and $850 in the central regions. August traded in the northern region $32.50 lower139 words
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ASIAN STOCKS
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665 1980-07-23 4 TOKYO Source: DBS-Daiwa THE market underwent another dull and lacklustre period yesterday. Efforts to rouse the accumulation of turnover was futile and although the market was fairly firm in the morning, it lacked any kind of drive. Investors' attention was not concentrated causing a lack ofSource: DBS-Daiwa - 665 words
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Article403 1980-07-23 4 AN easier oil sector was featured on the market yesterday. News from Strata Oil that the Woodada No 2 well had not yet reached target depth pushed the shares A 25 cents lower to AJ2.70. Santos, which reported a strong gas flow at the Delia No 10 well, eased403 words
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Article218 1980-07-23 4 JULY 22 Bahts Asia Credit 132 unch Asia Fibre Ayulhaya Inv Aim) Trust Bangkok Investment 162 -I Bangkok Bank 294 unch Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd Bala Bern Jucker Carpet InterNational 215 •8 Charoong Thai Wire218 words
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Article156 1980-07-23 4 STOCK prices closed generally firmer yesterday with turnover rising to 3.4 million pesos from Monday's 2.8 million, traders said. Baguio Gold, Benguet Con B, Surigao Con B, Philex B, Anglo Phil, Oriental B and First Phil Hldgs firmed, while Pogei and PLDT eased. The rest were unchanged or untraded.156 words
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Article183 1980-07-23 4 Reuter THE Japan Wool Textile Co said it will close its Argentine subsidiary, Nihon Keori Argentina Sa, this month because of high inflation in the South American country and a business slump. It said a major factor behind the closure of the subsidiary, established inReuter - 183 words
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Article52 1980-07-23 4 FINANCIAL TIMES INDUSTRIALS Monday «06.0 Friday 407.3 Week Ago 488.7 DOW JONES AVERAGE INDUSTRIALS Monday 028.07 Friday 023.06 Week Ago 005.56 H.K.HANG 8ENG Tuesday una v Monday 1106.37 Week Ago 1087.04 SYDNEY INDUSTRIALS Tuesday 088X18 Monday 888.85 Week Ago 880.01 ALL ORDINARIES Tuesday 014 86 Monday 880.40 Week52 words
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Page 4 Advertisements
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Advertisement254 1980-07-23 4 run riiiiiifti ii~ Fiii Tn Vl IIH 1 UPS*' SETH f i t i Pfv A w *k 6 Y//S Distributed by on Sa/e Nqiv at leading bookstores in VVfeis Chairman Mao a secret communist? Is America in danger of going capitalist? Do airlines discriminate in favor of baggage? Are254 words
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OVERSEAS
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Article556 1980-07-23 5 AP, Reuter THE Carter Administration, rejecting any tax-cut plan at this time, has officially conceded that there will be no balanced budget in fiscal 1961, but instead a US$3O billion deficit. In addition, the Administration said on Monday its fiscal 1960 deficit will jump from anAP,; Reuter - 556 words
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Article245 1980-07-23 5 AP US TRADE representative Reubin Askew appealed to the US Congress on Monday to adopt legislation to help develop US export trading companies. He said more US exports were needed to boost a diminished dollar, a declining economy, and to offset oil imports. Mr Askew toldAP - 245 words
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Article767 1980-07-23 5 ARRIVALS Service Local Operator Number Time s From MAS MH601 0700 KUL TMA TL375 0715 BEY/SHJ/KUL MAS MH621 0835 PEN SIA SQ101 0815 KUL RBA BI421 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ211 1000 HLP MAS MH605 1000 KUL CPA CX710 1005 HLP SIA SQ103 1015767 words
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149 1980-07-23 5 AP THE US International Trade Commission will accelerate its investigation of foreign car imports, but not as fast the domestic car industry would like. The commission said on Monday it will decide by Nov 10 whether imports are injuring the US car industryAP - 149 words
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WORLD IN BRIEF
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Article481 1980-07-23 5 Agencies THE Council of the European Economic Community Foreign Ministers, faced with requests for admission to the market by Spain and Portugal, opened its meeting in Brussels on Monday with discussion on adopting an official common position on widening the EEC. This was the first attempt toAgencies - 481 words
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148 1980-07-23 5 Reuter BRITISH employers have urged labour leaders to slash pay claims or face a large leap in unemployment. Living standards and jobs could only be protected if pay settlement were kept in single figures, significantly below the 21 per cent current annual rateReuter - 148 words
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334 1980-07-23 5 AFP RECENT signs of a softening of the world oil market are expected to be carefully assessed in Paris today by the governing board of the 20-nation International Energy Agency (lEA). Sources said the lEA secretariat has prepared a report on theAFP - 334 words
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Page 5 Advertisements
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Advertisement261 1980-07-23 5 isuzu: Wrio tough on our tracks a ISUZU KBD 25 Pickup when you know how they're built you'll know You can be too RELIABILITY ECONOMY RUGGEDNESS POWER EFFICIENCY VERSATILITY DURABILITY ISU71 m. t ISUZU KAI) SI f jr;. V I jM «ir ■m mm o mm ISUZU 4 TLD S4261 words
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Article427 1980-07-23 6 AS IS THE case with so many other industries in Singapore, the computer industry is facing a serious bottleneck in its expansion programmes because of the shortage of qualified personnel in the software area. This shortage is enabling programmers and analysts to command salaries higher427 words
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343 1980-07-23 6 WITH THE US presidential elections less than four months away, Jimmy Carter must have been sorely tempted by the prospect of announcing a tax cut plan as the spoonful of sugar to go with the very unappetising outlook revealed by the mid-year economic review.343 words
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486 1980-07-23 6 INTERNATIONAL BUSINESS FINANCIAL CHALLENGES IN THE 1980S ELBOW jostling with the ereme de la ere me of Singapore's finance and commerce executives was the order of yesterday's stimulating conference on International Business and Financial Challenges in the 1960s held at the Shangri-La Hotel. Opportunities did486 words
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Article, Illustration502 1980-07-23 6 SINGAPORE will welcome any move by Harvard Business School to run advanced management courses here as they tie in with the Republic's new industrial strategy. It is understood these courses under The Harvard Business School's Resident Field Executive Programme will be extended to the Far East502 words
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Article734 1980-07-23 6 THE STRONG growth in the transport and communications, financial and business services sectors in the last five years indicates that it is in these areas that the true strength of the Singapore economy lies. In his paper 'Is Flexibility Durability?' Professor Lee Soo Ann noted734 words
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567 1980-07-23 6 A NUMBER af Western romp*«lee, which had Mixed the appertaaltiea to participate la jabrt vea tares hi Chiaa whea It epeaed Its dears, have fennd that they «nM he wise to adapt a caattoaa attltade parttealarly to the weeding d eeatractoal terms.567 words
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Page 6 Advertisements
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Advertisement110 1980-07-23 6 BckjiurpWeekat tlje SiijgaporeHiltoq July 16-26 \bur opportunity 7 to YKwa^dpupd^sc a rare diarpcs?d. For this Exhibition, Diamond Investments offers a range yWKafC' of rare diamonds as well as diamond jewellery 3SHP now on sale to the public at exceptional prices or Period only. A master craftsman from Antwerp is a110 words
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Page 6 Miscellaneous
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Miscellaneous870 1980-07-23 6 iTiVKJRWI NEW COMEDY SERIES 80ME ea wark la tog the* to help Vn cm will ton to toil fl 1 uwn D#I6I pay tor i expect r#j|4M *eto g* u If IWy SkMt Pallida, Dnl parfatr, PMe gets a crewhatol aw* They? cat. r vaeatun Fame's partaer la a F*a*870 words
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Article1281 1980-07-23 7 KAREN ARENSON - NEW INVESTMENT TWISTS Interests earned on savings can be a costly affair, what with inflation and taxes payable on the interests. However, reports KAREN ARENSON, some new investment twists have been developed and this could mean it would be less costly to save money. OneNYT - 1,281 words
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917 1980-07-23 7 CYANIDE - [FORUM. with CYANIDE IT'S INCOME tax payment time again! Human nature being what it is, even the most good natured of salaried employees will not help but (eel at this time a little churlish towards their fellow countrymen who, by virtue of917 words
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Article371 1980-07-23 7 Tan Watt Mai (Mrs - Letters to the Editor Tan Watt Mai (Mrs), Secretary, NatlWages CaaadL Dew Bb, I refer to the editorial entitled "NWC Guidelines Mandatory?" in the July 11 issue of the Business Times. The NWC wage increase recommendations have never been mandatory as clearly indicated in the council's letter371 words
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Article86 1980-07-23 7 Johnny Soh - Johnny Soh Dear Sir, Please allow me space in your "Letters to the Editor" column to have the following published. In a recent statement to the Stock Exchange of Singapore, Malayan United Industries Berhad said that it now holds 77 per cent of the issued capital of Central86 words
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Page 7 Advertisements
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Advertisement87 1980-07-23 7 Only one car in the world gives you the million dollar feeling. Mercedes-Benz. The car with an aura of dignity and sophistication. It has, over the years, achieved such engineering excellence as to be recognized as one of the finest cars in the world. And more than any other car,87 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article191 1980-07-23 8 JULY 21 Francs Actions Suisse* 291 2 Alusuisse Br. 1110 5 Alusuisae Reg 443 -3 Brown Boveri Br 1725 -5 Clba Gelgy Br 1110 -5 Clba Gelgy P C 900 -5 Clba Gelgy Reg tan -2 Credit Suisse Br 2295 5 Credit Suisse Reg 399 >4 Elektrowatt Br 2485191 words
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Article155 1980-07-23 8 JULY 21 Dm Aeg-Telefunken 89 00 unch ***** BASF Bay H T Wbank 262 00B 2 ***** 116.80B BBC BMW ***** unch 330 00 Chem Verw 264 50 1 Commerzbank 182 00 3 Conti Gummi 6300 unch Daimler-Benz 264 50 Demag 128 00B Deutsche Bank Dresdner Bank 202 50155 words
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Article268 1980-07-23 8 JULY 21 Frs CORBEILLE Air-Liquide 412 B S N Gervals Danone 990 CSF (ThomsonCsl) 449 +2 Cie Francaise des Petroles 235 50 -0.5 Compagnie Financier* Compagnie General* 388 -4 Credit Fonder De France 424 unch Hachette (Libralrle) 233xd -t Machines Bull 56 -006 Mlchelln (B) 760 •3 Paribas 242268 words
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Article204 1980-07-23 8 JULY 21 Fls abn Ahold 67 50 1.7 Ak/o 23.10 0.6 Alt(bank 31X50 >4 AMEV 86.50 0.3 Amfas 111.50 1.5 Amrobnk 87.40 0.4 B#rgoss 36.10 Berk 94.20 22 Bols 59 20 0.4 Borsumij 210 00 4 Burnmann 67 50 -0.3 Byenkorf 58 00 -0.5 laliaod 24 50 1.2 CMn204 words
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Article102 1980-07-23 8 JULY 21 Lire Anlc 850 ******d -1 4-3750 Baslofi Central* Flat 542 ***** lSlOxd II 360 -ISO Finslder G»n Immob IFI Pri IlaJcemenli 64 75 1570 2794 ***** 1 1509.5 127 770 lLalffas It&luder Magnrli M Pt 826 322 50 450*0 11 ♦OlS Martin Ere Mm] lob Mlralanza 296102 words
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Article62 1980-07-23 8 Reuter CHARTERHOUSE Group says its offer for Keyser Ullmann Holdings (KUH) has been declared unconditional in all respects and remains open for acceptance until further notice. Acceptances have been received in respect of 91.2 per cent of the KUH ordinary shares and 75.3 per cent ofReuter - 62 words
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Article1267 1980-07-23 8 NEW YORK A LATE firming trend on Monday erased earlier weakness and the stock market closed narrowly higher in heavy trading, led by gains in oil, drug, copper and defence issues. Analysts said cash-laden institutions began buying again in the afternoon after profit-taking on recent gains abated. The1,267 words
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Article219 1980-07-23 8 JULY 21 Ct AbiUbi 20'. 4- 'a Alcan 36 l'« Algoma 34' i Bank Mont 28 4- Bank Nova Scoua 31'4- T Bell Tel 20 -4- Beth Corp BP Can Ltd 46 1. Brascan 28'. 4 Camp Red Lake 62 *i Can Imp Bk 26'. unch Canpac 42' Canpac219 words
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Page 8 Advertisements
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Advertisement697 1980-07-23 8 8m Page 9 for Jo'burg prices and Page 4 for Aaian atocka Where to wine, dine and entertain n V m i 2 < «SP I vis m m. For banquets. For conventions. For other functions of flaic less finesse. f unctions for up to 2SO guests 'International menus to697 words
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Advertisement77 1980-07-23 8 Wise, Mm ft Relax la Cesy Atmosphere at The Ban Steak Haaae A Reataaraat The Barn Steak House is elegant In decor and cosy in atmosphere. We serve Jsley steak specially alr-flewa. Relax in our executive lounge with your friends/business associates over drinks. Outside catering also available. .o>Happy Hours: 5.0077 words
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MONEY AND EXCHANGE$
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Article203 1980-07-23 9 GOLD futures in Singapore yesterday closed lower compared with overnight levels after fluctuating narrowly throughout the day, dealers said. Trading was subdued following the closure of the Hongkong gold market in anticipation of Typhoon Joe approaching the colony, they said. October closed easer at U5627.50/628.00 an ounce against U*****.00/50203 words
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Article117 1980-07-23 9 THE U.S. dollar for overnight delivery closed steadier at 220.15 yen, compared with a 220.00 opening and 219.86 at Monday's close, dealers said. Trading was thin with volume of US$55l million. The dollar fluctuated narrowly throughout the day between 219.80 and 220.20 yen in quiet, lacklustre trading. Limited export117 words
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Article208 1980-07-23 9 THE U.S. dollar opened weaker against major European currencies, maintaining the decline seen on Monday, dealers said. Trading was quiet as the market took stock of the news from Washington that the US budget deficit for fiscal 1980 will reach US$6O.9 billion, sharply above the previous estimate of $36.5208 words
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Article426 1980-07-23 9 THE U.S. dollar was generally weak against major crrencies in foreign exchange trading yesterday. Expectations of a cut in the Japanese discount rate, however, resulted in a firmer dollar against the yen. From an opening of 220.00/10 against the Japanese unit, the US dollar moved higher to a426 words
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Article178 1980-07-23 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on July 22: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US Dollars)Spot) Offer Bid 813/16 811/16 8% 8V. 9>/t 9 9H 9'. 97/16 95/16 9H 9* 9*. 9H 1 month 2 months 3178 words
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Article45 1980-07-23 9 1 I •5 id by discount houses on July 22: Overnight: 3-615/16* Call deposits: C* 6H% CM( 3- month Treasury bills 63* 6V. 3 month Bank bills 8 9/16 #7/16 3 months CD 91/16 815/16 6 months CD 8H 8V. Source: National Discount Co45 words
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Article22 1980-07-23 9 THE average rale 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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BANKING AND FINANCE
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559 1980-07-23 9 Reuter INDIA expects to increase commercial and deferred borrowings from international money markets for this financial year 1980-81 following a sharp decline in its foreign exchange reserves in recent months. Although the Indian government has yet to formulate a policy, Indian FinanceReuter - 559 words
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Article320 1980-07-23 9 Reuter NET deposit holdings from Opec in European financial centres could rise to US$9O billion at the end of 1960 from end-1979's $51 billion, with gross deposits at $128 billion and gross loans of $38 billion, Amex Bank says in its latest review. Non-oil less-developedReuter - 320 words
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Article109 1980-07-23 9 Reuter THE Hang Seng Bank will sell one- and five-tael gold bars through its branch network. A branch spokesman in Hongkong said no definite starting date has been arranged as manufacturing and delivery details have yet to be completed. The bars of 0.999 finenessReuter - 109 words
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Article110 1980-07-23 9 NYT THE Morgan Guaranty Trust Co and the Bankers Trust Co on Monday became the first major hanks to reduce their prime lending rates to 11 per cent, the lowest level since November 1878. Manufacturers Rank Los Angeles also cut its prime to 11 perNYT - 110 words
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Article, Illustration499 1980-07-23 9 LEE YOKE MENG - By LEE YOKE MENG MANULIFE Singapore, a new Joint venture between ManuLife of Canada and the local First Life Insurance Co, looks set to inject a bit more innovation and activity into the Singapore market. Its target areas will be in business continuation,499 words
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222 1980-07-23 9 Reuter THE British government may sanction a further cut in the minimum lending rate to below the current 16 per cent, possibly before the end of August, investment brokers PWllip6 and Drew said in its current investment review. The money stock figures forReuter - 222 words
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407 1980-07-23 9 Alan Lerner - Alan Lerner The writer, Alas Leruer, is a vice-president and money market economist at Bankers Trust. THE lurching skid of the US economy in the second quarter sent prices of fixed-in-come securities soaring in an unprecedented rally. Investors clearly foresaw a major recession and relief407 words
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Article319 1980-07-23 9 JULY 21 Rand INDUSTRIALS A Alpha 400 unch A ber com 365 unch AE And CI 795 15 AMIC 2375 Barlows 1125 20 Cg Sugar 1160 10 CM A 520B -5 Currie Finance 215 unch Dr Beers Ind 2800B unch Edcon 580 20 Edgars Eve ready Fed Volk 465319 words
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164 1980-07-23 9 Reuter Trading banks in Australia will no longer be required to establish that necessary exchange control approval has been granted for large inward capital flows before foreign exchange is converted into Australian currency. But the new reporting methods announced by Treasurer John Howard will stillReuter - 164 words
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Page 9 Advertisements
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Advertisement38 1980-07-23 9 CREATIONS THAT ARE MORETHAN JUST GIFTS r m st* ar Created exclusively by ANDER THE specialist designer and manufacturer in Singapore. A2s|L nnDERTiES abadges iufviptei lid. 41-41 A. Lo*on§ 74 A Gevttnf 1439 T«* *****2. *****9* C«Wt ANDERCO'38 words
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Advertisement94 1980-07-23 9 V <J Q issar SOK^S»- MONDAY Eohee ßoaslPnmeß«bot TUESDAY Entree Roast Pork Leg WEDNESDAY THURSDAY Entree: Braised Ham Leg with Madeira Sauce FRIDAY Entree Steamed Fish with garlic sauce. La Merenda is a three-course luncheon served by Chet Bidou at the Ming Court. It's cold hors d'oeuvre followed by entree,94 words
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1897 1980-07-23 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 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acma (3-328 3348) (1)1,897 words
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Article167 1980-07-23 10 SINGAPORE UNIT TRUST (■—puf price* tar Jal 23) The Commerce 2.81 195 The Saving* Fund 1.11 1.90 S pore Prog Fund 1.33 1.4D S pore Sec Fund 2.15 2 X S pore Invest Fund 1.75 l ffixd S'pore Equity Fund 1-31 1.37 OUB-MONTAGU (Manager*' price* tar Jal 0)167 words
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Article2814 1980-07-23 10 Gr'« Gr*s Net 1980 Last Div Div Y*ld P/E Vol Day High Low Company Sale +or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 370 245 Acma 334 4 15.0 2.8 4.4 135 3 334 330 223 220 Alcom 223 12.0 2.5 55 12.6 140 116 Allied2,814 words
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Article1867 1980-07-23 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INIKWnUALS If (3.228 3.305) Aleeai (2.385) (I) 2.36 a Ckee (1.308 1325)1,867 words
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COMPANY MEETING
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Article21 1980-07-23 10 FRASER Neave, Ltd: EOGM and AGM to be held at OCBC Centre, 19th Floor, Singapore at 11.00 a.m. on July 29.21 words
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Article, Illustration633 1980-07-23 10 INVEBTOBB' eathsstasm raa kftgk at the Stagapere giving the*es»ty markt* •■e sf Its Mat kamat tradlag seastow ka meaths. Prevleasly aegleeted muton, partiealarly toeallaaad rMtved llta>Wt lli the trial Meter laeladed Natteaal tree aid Steel, Straits Time* Pre—, Bte Chew Jtt Pek aad Naayaag whieh raced633 words
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Article633 1980-07-23 10 RENEWED buying interest among a number of quality stocks sent the Kuala Lumpur stock market markedly higher in continued active trading yesterday. The key barometer, the New Straits Times Industrial ordinary share index, reflecting this, rose 7.06 points to a new net-time high of 677.73.633 words
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COMPANY NEWS
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674 1980-07-23 11 BARLOW Holdings, a plantation combine created from the merger of four Barlow companies, is acquiring a new Joint management company with Majedie Investments for £174,097. The company, to be called Barlow Service Company Limited, will provide management and secretarial services in place of the family674 words
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278 1980-07-23 11 Market Talk... LEADING market indicators have broken out of their doubtful trends, reports chartist firm James Cowan Associates (JCA). The On Balance Volume and the Cumulative Advance/Decline Indices have made impressive recoveries from the recent doldrums and are now suggesting that the upsurge could continue. JCA278 words
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Article174 1980-07-23 11 Date Last Fall Year Company Perled Announced Net EPS Gross Pre-tax last year (cents) Dtv. Profit <%) ($1«) Kulim I 6/7 12.1 24 16,993 Sg Besi F 6/7 317.6 520 23,536 M Cement I 17/7 29.3 22.5 6,254 Sel Prop I 20/7 8.5 12.0 6,885 M Credit F174 words
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Article366 1980-07-23 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Alex Hldfi 8%(b) Sept 5 Sept 12 Sept 23 8% 8% B Kawat 7%TE Jul 30 Aug 11 Sept 8 13% TE 13% TE B Semb 20%(e) Aug 18 Aug 23 Aug366 words
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Article155 1980-07-23 11 Company Particulars Ex Date Books Close Bolton Bonus Issue of 1 for 2 Jul 14 Jul 24 City Dev Rights Issue of 2 for 3 Aug 8 toil 60 per share Aug 1 FAN Bonus Issue of 1 for 3 Aug 4 Aug 9 Grand Central Bonus Issue155 words
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Article380 1980-07-23 11 THE KLSE has queried Malaysia Textile ladastries on its acquisition of 5 million shares of $1 each in Public Textile at a price of 12.40 per share. The exchange wants to know whether the acquisition refers to the same batch of 5 million shares offered to the company,380 words
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462 1980-07-23 11 FT INTERIM profits from Yule Catto, the industrial and commercial group, fell 9 per cent from £1.31 million to £1.19 million in the first half-year to April 26. The company, which released this information in its formal offer for Revertex Chemicals, says that the pre-taxFT - 462 words
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327 1980-07-23 11 CLEARLY bearing out directors' optimistic forecast, Berjaya Kawat has romped home with a set of very impressive earnings for the year ended April 30, 1960. Pre-tax profit of the company jumped 41 per cent to a record 15.31 million following strong demand for its327 words
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Article166 1980-07-23 11 INCREASED contributions from a subsidiary has lifted South Johore Amalgamated Holdings' (SJAH) earnings. Group operating profit for the year ended March 31, 1980, rose 27 per cent to 1682,000 over the $537,000 reported for the previous year. At the parent company level, however, losses increased to $132,000 from166 words
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Article, Illustration515 1980-07-23 11 tfacsm by HOCK LOCK SIEW POOR ole Sime Darby. Its stocks on the local stock exchanges have been left to languish whilst lesser stocks have moved up to levels well above it. It has underperformed even the very index the Straits Times Industrial of which itby HOCK LOCK SIEW - 515 words
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LATEST RESULTS
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Article183 1980-07-23 11 has accepted an offer of a new facility from a consortium of banks to ease its financial burden. The cosortium of three banks were led by Chase Manhattan Bank as managers, Malayan Banking and European Asian Bank. A P Ind said that the new facility of $24183 words
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Article52 1980-07-23 11 has re- ported pre-tax profit for the six months ended May 31, 1980, of M 59.59 million compared with $5.78 million the previous period. The parent company's pre-tax profit registered $4.21 million as against $2.17 million the previous period. The directors have declared an interim dividend of 1152 words
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Page 11 Advertisements
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Advertisement340 1980-07-23 11 How much do you see when you look at this etching? 101 tlx iph th( 9a IV f ►HI R MBK on 2 I-*'! fkr lt.lrufmU.tm* Vmmmm 10 Art V. '4 Vn It n* fnt The Time Life Library Of Art Each 6oofc measures 9 x 12 inches (23 x340 words
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158 1980-07-23 12 Proposal to drop as key transaction currency UPI AN INFLUENTIAL re* search organisation has suggested that Japan drop American dollars as the key transaction currency to make way for the West German mark. The Private Study Group for New Social-Economic Institution in a report yesterday set the target currency rateUPI - 158 words
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Article474 1980-07-23 12 TWO alternative routes are being considered for the third leg of the Asean submarine cable network linking Thailand and Singapore since Malaysia has not decided whether to participate in the project. The basic route will link Singapore with SongklaPhot Buri. Kuan tan will be another474 words
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422 1980-07-23 12 UPI FACED with Arab demands for an independent Palestinian state and a complete Israeli withdrawal from Arab lands, the United Nations General Assembly met last night in a rare emergency special session, the seventh in its 35-year history. About 100 speakers, including 19UPI - 422 words
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Article250 1980-07-23 12 AP, Reuter UNDERSCORING Israel's determination to retain sovereignty over Jerusalem, an Israeli cabinet committee has decided to transfer two of the three remaining government departments from Tel Aviv to Jerusalem. The plan will virtually complete a programme begun in 1973 to make Jerusalem the centre of governmentAP,; Reuter - 250 words
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Article758 1980-07-23 12 LONDON, Tues. Share prices were easier in moderate trading following the sharp increase in the UK unemployment figures announced today. At 3 pm the FT index was down 7.6 at 488.4. Industrial leaders were between 2p and 4p lower though GEC was weak losing 12p at 474 p.758 words
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206 1980-07-23 12 UPI THE GOVERNOR of the powerful Bank of Japan has called for a tight grip on price trends in what financial analysts said is a hint of a cut in the official discount rate. Governor Haruo Maekawa yesterday said wholesaleUPI - 206 words
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Article141 1980-07-23 12 JAPAN is expected to have a record 7.5 million tons of accumulated surplus rice at the end of October, due to sagging demand and a larger-than-expected harvest in fiscal 1979, the agriculture-forestry and fisheries ministry said yesterday. Despite government campaigns to encourage the Japanese to eat more141 words
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Article57 1980-07-23 12 THE Vatican yesterday told rich Roman Catholic dioceses to share their clergy and funds with poor dioceses and Third World missions. "Some dioceses have a great number of priests but there are others where the scarcity of clergy puts the continuation of faith in danger," the sacred congregation57 words
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Article, Illustration59 1980-07-23 12 An unidentified, anti-draft protester being carried ant of a Hartford, Caaaecticat, pact affiee aa Maaday. rt *™ted building as yaaag men begaa regteterlag tar a passible US draft. The eight, six men aad twa women, allegedly sat daws aad refused ta leave the baUdtag. TheyAP photo - 59 words
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408 1980-07-23 12 UPI PRESIDENT Donald Petersen of Ford Motors, reversing his previous stand, has told Toyota Motor Industries that his firm will study the possibility of jointly producing cars with Toyota. The Nihon Keizai Shimbun said in a front-page article yesterday that Mr PetersenUPI - 408 words
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264 1980-07-23 12 Reuter IRANIAN President Abolhassan Bani-Sadr, who took office in early February, was formally sworn in yesterday at a special session of the Majlis (Parliament). The 270-seat house assumed its full legislative functions on Sunday when a speaker was elected. It spent seven weeksReuter - 264 words
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144 1980-07-23 12 Reuter THE STATE-OWNED British Gas Corporation, helped by the Iranian crisis and government policies aimed at conserving energy, has reported a record profit of £426 million for last year. British Gas said in its annual report that the figure was £65 million higher than inReuter - 144 words
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Article66 1980-07-23 12 Reuter TYPHOON Joe moved away from Hongkong yesterday after paralysing life in this British colony, the weather office said. Gusty winds up to 112 kph lashed the colony, killing two people and injuring nearly 50, but Hongkong was spared Typhoon Joe's full fury. The typhoonReuter - 66 words
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Page 12 Advertisements
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Advertisement222 1980-07-23 12 ADMnscmNT Goldmine Discovered Recent reports from informed sources confirm an amazing discovery. "When 1 looked at the figures, I couldn't believe my eyes" said one leading industrialist. "It's a fortune" said another. "It's just like discovering a goldmine" a respected accountant told his colleague. What has caused all the excitement?222 words
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Advertisement37 1980-07-23 12 We don't only specialise in aviation insurance I Why not give us a call on 223-0066 and talk to Mike Hearn or K.C.Quek Bowring handles all classes C. T. Bowring Singapore Pte. Limited, Insurance Brokers and Consultants37 words
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Page 12 Miscellaneous
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Miscellaneous62 1980-07-23 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few places. Report for 24 hoars prior to 7J9 p.m. on July 22 at the airport. Maximum temperature 31.7 Associated humidity 57 Minimum temperature 23.0 Associated humidity 96 Hours of sunshine 9.05 Rainfall in millimetres 2.4 Total62 words
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SHIPPING TIMES
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PORTSIDES
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Article95 1980-07-23 13 AFP THE 6,818-ton Panamanian-registered container vessel Glory Ace yesterday collided with a Japanese navigation aids research ship in the western Pacific just off the Japanese coast, but there were no casualties. The Japanese Maritime Safety agency said both ships suffered cracks in the hull but later cruisedAFP - 95 words
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Article100 1980-07-23 13 Reuter A JAPANESE salvage company will attempt next month to refloat a Russian cruiser believed to have been carrying Czarist treasure, which was sunk in the sea of Japan in 1905. The Nippon Marine Development Company said the 8,000-ton ship Admiral Nakhimov had been located inReuter - 100 words
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Article78 1980-07-23 13 Reuter THE US nuclear-powered aircraft carrier, Dwight D Eisenhower, left Singapore yesterday for the Indian Ocean after a six-day port call. The Eisenhower, one of the biggest warships in the world, with 6,000 men aboard, will be rejoining a formidable US naval flotilla already in the IndianReuter - 78 words
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Article, Illustration781 1980-07-23 13 LINDA CHEE - By LINDA CHEE SWEDISH heavy lift operator, Jumbo Shipping has appointed Jardine Shipping Agencies as its agents in Singapore. Jardine Shipping general manager A G M Windt said the agreement with Jumbo was signed last month for Jardine to act as the booking781 words
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Article620 1980-07-23 13 SUpplagUae Pag® CM Adriatic IV 5 Afea VI 3 Afro-Eurasia vn 2 All trans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 APL m 4/5 Arab Line VIE 1 Archipelego vn 1 Argentine IV 4 ASCL m 1 Asia Merchant IV 2 Bangladesh vra620 words
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Article512 1980-07-23 14 LLoyd's List THE Indian government may allocate 10,000 million rupees in free foreign exchange to the Shipping Development Committee (SDPC) to buy ships in *****983, the period of its Sixth Plan. The SDFC, which provides loans at liberal interest rates and repayment terms to theLLoyd's List - 512 words
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Article, Illustration272 1980-07-23 14 KEPPEL Shipyard recently repaired and modified the 9,652-dwt car carrier Hual Skagerak for a new customer, Jan-Erik-Dyvi of Norway. The Hual Skagerak is one of five carriers deployed by Hoegh-Ugland, the Norwegian car carrier specialist on the Japan-Europe trade in competition with the major Japanese lines272 words
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Article910 1980-07-23 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 following910 words
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Article1522 1980-07-23 14 BROKERS on Monday reported fairly quiet chartering in the North American grain sector of the freight market with rates moving rather irregularly. A cargo was covered from the US Northern Range to Constanza at 125.10 for Aug against 125.50 previously, while wheat business from the same area to1,522 words
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Article, Illustration744 1980-07-23 15 Fairplay THE heavy-loads market has improved slightly though it is still in a depressed state. While there is the possibility of increased work on the horizon, rates have not been at their best and the constant rise in the price of bunker fuels has beenFairplay - 744 words
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480 1980-07-23 15 SUDDEN interest in the specialised reefer shipping world has revived fears of over-capacity in this sector. Orders for this type of tonnage particularly in the larger "handy-sized" 350,000-380,000 cubic feet range have been increasing and fleets of developing countries have been steadily growing.480 words
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Article, Illustration493 1980-07-23 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Brinton Lykes (0600 hauls on completk>D of P/O) 10/11 Bunga Gelang (after Vivien) 39 Dong Feng (shifts after Clara Maersk sails) 1/2 Dove (Tanker) (0700 after Brinton Lykes hauls, P/O, subject gas free) 13/14 Fedor Petrov (after Tllos, P/ O) 15/16 Jin493 words
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2505 1980-07-23 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 of2,505 words
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565 1980-07-23 20 AFP THE gradual erosion of rates continued last week on the freight market despite further intense activity on the part of the Chinese. These charterers were rey ported to have taken almost 30 vessels over the past fort4. night, often being successful inAFP - 565 words
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Article82 1980-07-23 20 KORMAJUNE latemtf» al BhtpMMlag, SMprepalrtng, Parts Mi Harkivi r i [imIIIm July 28-Aug 4, Seoul, South Korea. ONS H Aug 26-29, Stavanger, Norway. A conference and exhibition on North Sea offshore technology. Campators aai fllpplß| Sep 23, Lloyd's of London Press conference, Hamburg Plaza Hotel, Hamburg. Irttmttnil n>«pertain82 words
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478 1980-07-23 20 UPI THE 96,800 tonne Liberianregistered tanker which blew up and sank off Rotterdam yesterday has lost several thousand tonnes of its cargo of Gulf crude, Rotterdam harbour authorities said. There was some confusion about the size of the energy concentration's cargo. A port officialUPI - 478 words
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190 1980-07-23 20 UPI CHINA has confirmed that an imported oil rig sank in a gale killing 72 persons and that it was only one of hundreds of accidents which have plagued the country's vital exploration programme. Official news reports yesterday said since 1975, there haveUPI - 190 words
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Article1528 1980-07-23 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A B Aehlpcicga R T Transportation (S). Adriatic Caatalacr Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S) 'Euro-Asia Line (PK/PN). Afra-Earaaia Um Trans group Pte Ltd (S).1,528 words
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Page 13 Advertisements
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Advertisement330 1980-07-23 13 Everett Lines KM TMI MOST FtKQUIMT SAILINGS TO lAMOKOK HOMOKOHC •JAPAN FUSAN. Ev*r«tt Steamship Corpn. S/A S-"^Opr'» 9 36 IKX" V'W i W>o *6 '01 OC tC »<*3 2144T J Por* I»>ooo VOCSMIP CO §MO T* M 772" .IARDIM 4t: J> A H Orient Overseas Co*dcjMeA, Line FULLY CONTAMERISED SERVICE330 words
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Advertisement298 1980-07-23 13 SEALORI) UJ ANTAH H UASC UNITED ARAB SHIPPING CO SAG) EXPRESS MULTI-PURPOSE SERVICES BN KHALLKAN V.27 HI DURMD V.39 Loading tor Dubai (31/7). Dammam (3/8), Kuwait (6/8). Doha (9/8). Abu Dhabi (12/8) Mina Qaboos (3/9) Mina Al Fahal (4/9) Dubai (6/9) Damman (8/9) Kuwait (10/9) FULLY CONTAINERISED SERVICF Mina Qaboos298 words
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Advertisement25 1980-07-23 13 See Page in J [EMDS I CONTAINER Schedules Df LONDON Freights n/m SHIPS In Pert m SHIPPING List VH REGIONAL Weather Vm SHIPPING EVENTS Vm25 words
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Advertisement801 1980-07-23 13 <.(|)$_?,^&;<!=!})/=\;()`;(@{\* MAERSK LINE EXPORT TOU-S- PACIFIC, GULF, ATLANTIC, EAST CANADA AND ASIAN PORTS Srfed 27-21/7 3-4/1 1011/1 17-11/1 24-25/1 New York 21/1 a/i 4/9 11/9 11/9 a/9 2/10 Seaport Closwg Tung a 27 My 1500 hrs CFS 26 July 2400 hrs TO ARABIAN/PERSIAN GULF-FULLY CONTAINERIZED SERVICE Pr C mer I801 words
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Page 14 Advertisements
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Advertisement707 1980-07-23 14 LEO SHIPPING PTE LTD. SINGAPORE «UT-PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALAYSIAN t>4TERNATK3NAL SHPHNG CORPORATION BERHAD Container Service Reiang Vessel 27/7 B SURIA 2/8 N KJMA 9/8 N HOORN 17/8 TOY MM To Eiwpe S pore 1) MseiHes 2) Rdam707 words
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Advertisement307 1980-07-23 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA PL MM| ftta IrtTOK CU Mm Si* CM B mti N Tat Bntm *Ma *OH Ma Natt IMB TOM »25/7 2-3/1 1/9 6/9 8/9 9/9 9/9 17/9 19/9 24/9 T» 31 1/1 7-9/1 2-4/8 26/9 1/10 4/10307 words
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Page 15 Advertisements
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Advertisement781 1980-07-23 15 f STRAITS SHIPPING f Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Overseas B Containers Limited Weekly service to/from UK/Europe CONTAIOSHP sonnet TO UK/CONTHMT: HDwt Sport P.Ketaw D'mjrt Bran MMfftMK I—II T*y« Bay 14 Aw Uverpeel Bit 20 Aw Han*«t fjpms 27 Aw Tat* Eiprns My E*bvgb 3 Sep 2t781 words
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Advertisement458 1980-07-23 15 4 NOTICE CARGO VESSEL AVAILABLE 2000 dwt single decker available Siniapore about 26th July 1980. Interested in cargo direction East Malaysia telephone: *****33. IT Franco Belgian Services F r Fast Fre'ieh St* tier u ith Belgian tar r»i Lines' t: mtmrn. r.mm umhn i«* x>n no t-wp rtm hwi nw458 words
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Page 16 Advertisements
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Advertisement594 1980-07-23 16 Hapag-Uoyd TO NORTH EUROPE NnJwtEipna T*»br TOMEDITWmO j EXPORTS^ Wt*Kl B'haven Mam le Hvx 18/8 20/8 21/1 23/8 25/1 27/8 31/8 2/9 2/9 4/9 21/8 24/8 28/8 30/8 5/9 23/8 26/8 30/8 5/9 7/9 TW HK 22/7 24/7 2/8 3/8 M Beac Mm 10/8 12/8 TO NORTH OROPE/llDmmm/ Emk Law*594 words
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Advertisement275 1980-07-23 16 L S LINE Member of Lian Soon Group of Companies INDONESIA SERVICE As Agents Ltan Soon Shipping Trading Co Pte ltd Managers Lian Soon Ager.cies (Pte > Ltd Registered Address Suite 1101 CPF Building 79 Robinson P Singapore 0106 Telephone *****11 (10 lines! Telex RS ***** Lian*m KORINS MARITIME SERVICES275 words
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Advertisement394 1980-07-23 16 EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTWG CARGO FOR: HAMBURG. FEUXSTOW. ROTTERDAM, ANTWERP. IE HAVRE ALSO ACCEPTMG CARGO FOR: UNTED KHGOOM SOUTHAMPTON, LONDON. MANCHESTER. BKMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS MEST GERMANY HOLLANO AMSTERDAM Imlmki 13 tm 3S* SM 7U* lIS* 11 S«* (wM 22 ft* 1214 Hfapl394 words
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Advertisement861 1980-07-23 16 2 j y y a y > K Everett Lines Fiv® Stsc Corpw. "BURMESE NATIONAL LINE" LOADMG FOR RANGOON rpan PJUMug tmm I bNrt/23Mr mou/M mm U/14 Aag AjtnU in Maioyw BOUSTEA£ TcL NOS KL *****2/*****9 OOUSTEAD SHWNG b C—p—h Aiftl— D> NWWMIW lUfWti—Ul S. A. C. I. F. "ARGENTINE861 words
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Advertisement597 1980-07-23 16 f mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE ftupri P. K riant Lttdtof hr 1/2 A« 3/4 Aug SYD, MEL. MJQ BANGLADESH SERVICE 25/21 A* CWTTI CMTTAGONG. JAPAN/STRAITS SERVICE MNL ASPMTKM OCEAN Pff kM MOA NO J fcPert 04ES0UKB kM GEKRAL ACENTS MM > OMBHI LID SMGAPORE597 words
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Page 17 Advertisements
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Advertisement726 1980-07-23 17 k. PIL GROUP EAST AFRICA/REDSEA SERVICE A SING APORE/CHITTAGONG/RANGOON/SER VICES 29/31 My Loading For: 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. Nap. Zircon 14S N«p. Topaz 16S Nap. Zircon 168 Nap. Topaz 18S •LCL 25/7 Noon. FCL C MANILA HONGKONG SINGAPORE726 words
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Advertisement849 1980-07-23 17 BEN LINE CONTAINERS EVKSS CONTNNER SERVICE TO/FROM EUROPE BMB WBURG I'HAVEN W Geraiaiiy/Aastna I Bmmh hW bM Tatyaßay W bM a/7 a/7 a/7 a/7 1/1 2/1 v« v« »/i ii/I true bham* mi mme soton may/ Aostna Aatoerp Fraace M ILL ii/i a/i a/i zvi ivi a/t a/i a/i a/i849 words
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Advertisement536 1980-07-23 17 ffj ScanDutch^ WEEKLY EXPRESS CONTAINER SERVICE TO MED/UK/NC/SCAN IMU M I imM a/7 HM V* inw w IMU 17/t •.M a/« sI" 1 Wtttoitrta 3)*ta|4>CMt M** VI 11/S 12/1 14/1 ua ua ua a/i w im 2sa an wt I }ja vrt in in ia i JJ2 ia in ia536 words
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Advertisement470 1980-07-23 17 BOUSTEAD SHIPPING AGENCIES KUANTAN SMGAPORE eta Reunion Durban Capetown PtEta (also accept** East I BANK LINE FOR REUNON ft SOUTH AFRICA BEAVERBANK 19-21/8 22 26/8 4/9 10/9 17/9 20/9 Unas U.S. NEST COAST SERVICE T/S MMO (Lee* mtf) ETD Span ETD KOBE Hono LDc* SfO Stte 23/7 TYSON LYRES 21/8470 words
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Page 18 Advertisements
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Advertisement795 1980-07-23 18 K line KAWASAKI RISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA rem vessels* n Wbtn 22N SjM C*p« Ac* ZM SjM A Krint 31/7 sp wno vessels 24/7 Padftc lm 24/7 Mdm fata Bridge tapM«p* MWMn 2/1 taMnca Mara ETD II U 11/1 20/1 13/1 7/1 17/1 m o/o795 words
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Advertisement472 1980-07-23 18 03 0 CAUFORRM/PACVK RORTN WEST SERVICE EXPRESS CONTARKR/REEFER SERVICE Lm*| Mr LOS ANKLES. SAM FMNOSCO. SUTTU, TKOM. VANCOUVER I C fee** FQ/FCI Man ft AUSTRALIA EXPRESS CONTAINER SERVICE fcc**c Fa/Fa Umh "UU*S" 23 No. 241 MM; WSHVABROJ NEW ZEALAND SERVICE ITTTUTOI KUJKTOK. I N fotto rtifcui JAPAN SERVICE VtSHVA KARUNA472 words
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Advertisement684 1980-07-23 18 i (i I'Olip SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCF AN BUI I DING SINGAPORt 0104 MARKETING *****2 3 LINE SI GENERAL *****1 (14 LINES I TERMINAL OF E ICE *****83 TELEX RS ***** RS ***** A B CARSHIP CABLE CARGOSHIP ii; lIIIMIII IM HiL.i Regional Container Lint's WEEKLY684 words
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Advertisement526 1980-07-23 18 nQRAMARD LIME INDEPENDENT- ATTRACTIVE RA JES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAIN EH CARGO FCL ONLY FOR PORT SAID. ALEXANDRIA, BEIRUT. LATTAKIA, UMASSOL. ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge FORTUNE STAR V.3M MAN CHEONG V.4IW -fC*| Pet SaM, Hknmtn, 27 A* hM Lattafcia only STRAUS/EAST526 words
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Advertisement626 1980-07-23 18 t INTRASEA (PTE) LTD. Faber House 234E Orchard Roac SmqapoT 9 Telephone *****1 V *****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S ?!H P it? N^" 1 ROTTERS&SUI 00 ■part MTRASEA (PTE) LID 2352(11 BOONNG *****57 msm- TEO SHPPtK TMHK 410(44, 4M742. 010(78 mm- ana overseas mmhtm son wd626 words
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Page 19 Advertisements
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Advertisement620 1980-07-23 19 NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): N CORAL C. CONTMO K. JACEJM 1 N. GARNET C. PAUL TWBRDGE C. ROZE Also accepting cargo to/from Scandinavia +C. CONTAINER S'pore Closing Times: FCL Cargo 0400 26/7 La Cargo 1600 25/7 STRAITS/AUSTRALIA RO-R0 CONTAINER SERVICE620 words
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Advertisement179 1980-07-23 19 IfftkMl c Waterman W W STUMSH P corporation EXCLUSIVE LASH SERVICE TO U S. ATLANTIC GULF Ptnant PKttar* Seaport Voy C taint Qosmw SjiI kw Ctam QEOJttWTTW HSCI 12/7 20/7 24/7 24/7 21/7 HOOKR+ WSC2 10/1 IS/I 22/1 22/1 24/1 Ctenc M*«*n Ist SM. 2nd 2/7. M «/7. 4th 14/7.179 words
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Advertisement166 1980-07-23 19 NOTICE r HALL* MARITIME CORPORATION or><j th«i* GENERAL AGENTS: McALISTER CO. LTD. ore pleased to onnounce the Inougurotion of their MDOU EAST service commencing with S PORE lor m.v. HALLA PARTNER Aug 8 Dubai, Dammam m.v. HALLA PILOT Aug 12 Dammam, Kuwait WITH HEAVYLIFTS CAPACITIES 100-300 TONS I For further166 words
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Page 20 Advertisements
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Advertisement242 1980-07-23 20 mam EGYPTIAN INTFPN ATlDlsl Al I INF (FN 4 INTERNATIONAL LINE (EIL) EGYPTIAN FLAG OCEAN LINES REGULAR NON CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE S'pwe P.Mang loading (or OCEAN GLORY V.IOMB 10 Am Port SaM/Lmassol/AJeiamta LN g UE P*aeus/Beirut/Rijeka/Bourta: CHALLENGE V.4HB 2S Auf Port Said/LkuMol/AJeiandru Piraeus/Beinit/Rijeka/Bowiaj HfISSI SAGASIA PTE LTD (LOUIS242 words
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Advertisement379 1980-07-23 20 Bangladesh Shipping Agency Pta Ltd A|«its if Bangladesh Shipping Corporation M.V. "BAMGLAR MTV Spore P.Keiang 14/15 Aug 12/13 A« Loading for: HKmc/MMM/ Kobe/Osaka/Yd For Bookings please contact: Bangladoah Shipping Agoncy Pta Ltd SinQaporc *****1 Oriental Shipping Corporation K.L.: *****8/Ponang: 610(5 r SOON KIAT SHIPPING k PTE LTD 1905 t 1906.379 words
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Advertisement39 1980-07-23 20 NOTICE arrived 11.7 Jl itmoiiiwo General survey on damaged cargo discharged ex the above vessel will be held on Monday atb July 1880 as tram 100 a.m. to 12.00 noon. No further survey will be held after this date.39 words
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Page 20 Miscellaneous
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Miscellaneous159 1980-07-23 20 Regional Weather X 1 fi 1 V i s i r r 1 iC 21 i m ft fc SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Dew point C °C Wim Wind direction with speed in knots Wave height R Thunderstorm Temperature °C Shower Weather r/ Wind159 words
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