The Business Times, 31 July 1980
1980-07-31
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The Business Times
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Title Section11 1980-07-31 1 BUSINESS TIMES MX.(P) No. 111/1/81 THURSDAY, JULY SI, INI 50 CENTS11 words
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BRIEFLY...
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Article81 1980-07-31 1 AP LONDON, Wed. The Observer, Britain's oldest Sunday newspaper, sent out dismissal notices to its more than 1,000 employees today and announced its last edition would be published on Oct 19 because of a pay dispute involving only 26 part-time print workers. The management of the American-ownedAP - 81 words
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Article56 1980-07-31 1 AP SAGA (Japan), Wed. Scientists at Saga University said it has succeeded in generating electricity with sea water at an ocean thermal energy conversion pilot plant. The success follows an experiment in Hawaii last year by Lockheed Space and Missile of the US, said Haruo Uehara,AP - 56 words
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Article41 1980-07-31 1 Reuter JAKARTA, Wed. The Dutch-based Unilever International has appointed for the first time an Indonesian national, Mr Yamani Hasan, chairman of the board of its Indonesian operations. Mr Hassan said he would officially take over on August 1. ReuterReuter - 41 words
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Article54 1980-07-31 1 UPI MILAN, Wed. A powerful time bomb heavily damaged the city hall building early today, shortly after a new Communist-Socialist administration was formed, tio injuries were reported. Shortly after the explosion, an anonymous telephone caller told a newspaper the bomb was planted by a group calling itself "theUPI - 54 words
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Article62 1980-07-31 1 AP LONDON, Wed. Heavy speculative selling of both immediate and future deliveries plunged prices of African robusta coffees to a four-year low on the London terminal market today. From Monday to noon today, September delivery robustas fell £127.5 a tonne, or US 13.7 cents a pound weight,AP - 62 words
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Article68 1980-07-31 1 Reuter TEHERAN, Wed. A letter signed by 187 United States congressmen urging the speedy resolution of the American hostage crisis has been handed to the speaker of the Iranian parliament, Swiss charge d'affaires Marcus Kaiser said today. He was confirming a report in the newspaper Islamic RepublicReuter - 68 words
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Article35 1980-07-31 1 LONDON, Wed. Profit-taking pushed the price of gold sharply lower in European markets yesterday. In London, gold was fixed in the afternoon at U*****.00 compared with the previous afternoon fix of $646.75.35 words
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Article63 1980-07-31 1 AP NEW YORK, Wed. Stock prices climbed again as the US government provided evidence that the economy may be coming out of its recession. The Dow Jones average of 30 industrial stocks rose 2.65 points to 934.56 in the first half hour of trading. Advances outnumbered declines byAP - 63 words
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Article141 1980-07-31 1 Rises Indices Goodwood Park K L Industries OCBC 1 K L Kepong Grand Central B Raya Austral Anal PAN Public Bask Perils Plant Inchcape OUT U A C Falls 830 288 1280 555 240 402 820 755 515 484 380 223 430 50 31 20 +20 10141 words
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Article, Illustration142 1980-07-31 1 Rises Indices Malayan (T) <750 350 Jul 29 Jul 30 FeC'ston 380 +70 B.T. Index: *****.*****64.81 Rahman Hy 1370 +60 Industrials: 681.04 687.69 A Amal 880 +55 Finance: 987.43 987.85 In Oxygen 243 +28 Hotels: 381.06 381.42 K1 Ind 293 +28 Properties: 493.87 498.20 K1 Kepong 560 +20142 words
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Article569 1980-07-31 1 FOO CHOY PENG - MEMORANDUM SIGNED By FOO CHOY PENG SINGAPORE and China have signed a memorandum calling for closer cooperation in mechanical and electrical engineering. As was the case with the trade agreement signed in December, the memorandum provides only the framework for closer cooperation between commercial companies. Areas569 words
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256 1980-07-31 1 EMPLOYEES of insurance companies will receive the full National Wages Council recommendations of $33 plus 7.5 and the merit element of 3 per cent at the end of next month. However, the criteria for assessing such workers have still to be agreed upon between256 words
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372 1980-07-31 1 THE MINISTER for Communications will soon propose that the law be amended to make it compulsory for all passengers of private motor vehicles to be covered by insurance. Speaking at the National Safety Council's 14th anniversary celebration dinner yesterday, Mr Ong Teng Cheong, said that372 words
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Article, Illustration366 1980-07-31 1 AN AMERICAN mass rapid transit review team commissioned by the Government has suggested that there is no pressing need for Singapore to make an immediate decision to build the MRT system now. The team says the bus system will have to be improved, regardless of whether366 words
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Article235 1980-07-31 1 Ml GOH Keng Swee, First Deputy Prime Minister, Is expected to TZSZSSZSft tharlty at Singapore (MAS) aai the Bwri af ey, Btegapare (BCC8) Dr Gah's appointment to these positions has yet to he made paUfc, tat «pwhl— are that tomemWs edtttea at the235 words
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471 1980-07-31 1 AGNES WEE - By AGNES WEE SSANGYONG Construction of South Korea has won an $18 million contract for excavation works in the Raffles City project. It is believed to be the first Korean construction company to win a major contract for such projects in Singapore. The contract471 words
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Page 1 Advertisements
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Advertisement27 1980-07-31 1 Tctcx: RS ***** A/B RAKICOR CaMr."« AKtCORP" seed*.roots, apices F.CU*, MarsMing InAittrW Estate Malaysia Tel: ***** Manufacturer. •Me "RAKICORP" Johorc Bahru miller and stockists. See page 427 words
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Advertisement28 1980-07-31 1 more! I An immaculate car is only the beginning. You get more car from us. Call us now! t More than a car rental service *****30 Telephone *****24/*****728 words
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Advertisement57 1980-07-31 1 HMDS SHIPPING TIMES MAEEB 9i prieeu entnl eqaipmeat sets ap 0ffice............ I OIL empuiM tower price ef cradc S OPEC's plti far the Third Warid f SINGAPORE GlMi expects iacreased capacity 11 SHIPPING Nae veatares farther afield 12 GROSS carreacy ta cftrcalattaa AIRCRAFT I, TV AND RADIO f, CROSSWORD WHERE57 words
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Advertisement212 1980-07-31 1 BANK VNJJ SAFE D6POSTT SAFE 9 r mm Consumer demand patterns in ASEAN ABQ 2nd Quarter 1980 Asean has one of the world's highest growth rates and with increasing affluence, consumer patterns among the five member countries of Indonesia, Malaysia, Philippines, Singapore and Thailand are expected to change in the212 words
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TRADE AND INDUSTRY
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Article, Illustration473 1980-07-31 2 CATHERINE ONG - By CATHERINE ONG BECKMAN Instruments, America's leading manufacturer of process control instruments, is now in Singapore. Its Singapore office, Beckman Instruments Singapore Pte Ltd, wholly owned by the giant US corporation, was set up recently to handle the sales and services of the process instruments473 words
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Article, Illustration155 1980-07-31 2 PEBUNB Eagtoee EMten sz wfc hr Thr Prrtlas jkmi pswrenl geaeratlag sets, IfMlt esatral paaels, we fitted aec#rdimg te eastesser speclflcatleas which meet the «haiifii set by Llsyds Register e< Bhlppißg. These sets have a lew weight te him piwa retls, gtvlag petrel eraft heth speed aad155 words
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579 1980-07-31 2 WEST German industrialists are expected to invest at least M 552.4 million in Malaysia during the next two years. This is the sum for three proposals now being negotiated between German and Malaysian partners for projects in the resourcebased and heavy industries Mr579 words
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266 1980-07-31 2 SGV-GOH Tan, in conjunction with Newtech AB of Sweden and Allied International Designers (AID) of the UK, will present a oneday conference on business survival in the 1980s through new technology and marketing innovation in September. The conference is aimed at providing participants with266 words
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Article, Illustration272 1980-07-31 2 BANK of America Singapore has announced the promotion of Eferahla flluhailn to vice-president, credit. Making the announcement, Mr Candido Banducci, vice-president and manager of the bank, said Mr Ebrahim will head the bank's shipping, 'transportation, petroleum, energy and chemicals section. Mr Ebrahim joined the Bank of America272 words
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506 1980-07-31 2 SALMA KHALIK - By SALMA KHALIK ONLY 40 per cent of workers in China received a pay rise this year. The names of these workers were prominently displayed in the factory premises so that all who wished to could know the names of workers who have506 words
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Article358 1980-07-31 2 CONTRARY to popular belief, a re treaded tyre can have better mileage performance than the original. Under the German originated Bandag system, a retreaded tyre working under the tame conditions as the original should provide from 5 to 36 per cent more miles. And this can be done358 words
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Article511 1980-07-31 2 SEMINARS AND COURSES July 31: Software Designs and Software Blueprints, Suite 5264 Woh Hup Complex, Mechanical and Combustion Engineering July 31-Aug 1: Credit Management Seminar, Shangri-La, Acumen Credit Services Aug 2: 'A Day with Blake and Mouton', Shangri-La, Malaysian Institute of Personnel Management/Executive Development Corporation Aug 9-16: Mobil511 words
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Page 2 Advertisements
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Advertisement192 1980-07-31 2 Do you know that you can now hold a memorable conference in the East Coast? With a touch of Hyatt The Meranti Function Room at the Hyatt Kuantan can take up to 160 for meetings and cocktail receptions and 120 for banquets. Full conference facilities in this self-equipped centre includes192 words
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REGIONAL
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430 1980-07-31 3 UPI Reuter INDONESIA can expect a new oil boom during the next five years due to increased spending on exploration, the state-owned oil company Pertamina said on Tuesday. However, specialists said the increase in exploration costs results mainly from inflation andUPI; Reuter - 430 words
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158 1980-07-31 3 AFP FOREIGN Investments in the Philippines daring the first six msatte at IIM reae by SI millton penes (abeat UB$4&S m»H—) er 111 per eeat ever Ike prevtoas yew's flgnre tt KM miiH— ptmm. Latest statistics released by the PhlHppiße Beard s< lavestmeats (BOI)AFP - 158 words
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Article167 1980-07-31 3 UPI A MAJOR advisory body to the Australian Federal Government on tariffs and other protective measures for Australian industry has suggested that the government allow a major expansion in the imparted new car market. An Industries Assistance Commission (lAC) report, released in draft recommendationsUPI - 167 words
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Article90 1980-07-31 3 Reuter SRI LANKA'S state-owned Petroleum Corporation and a Cities Services subsidiary have signed a production sharing oil exploration contract covering 13,000 square kilometres off and on shore in the north-western region of Sri Lanka. Under the terms of the contract, the American firm Citco Sri Lanka PetroleumReuter - 90 words
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Article, Illustration130 1980-07-31 3 AFP FORMER Burmese Prime Minister U Nu has returned to Burma from Calcutta after 11 years of self-impoGed exile. There was little fanfare at the Rangoon airport on Tuesday when Brigadier-General Tin 00, the military assistant of President Ne Win, welcomed him and his familyAFP; AP - 130 words
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527 1980-07-31 3 Reuter AFP INDONESIA and tbe European Economic Community may reopen negotiations in Brussels in September to try to resolve a row over quotas on imports of Indonesian garments into Britain, diplomatic sources in Jakarta said yesterday. Indonesia has threatened reprisals againstReuter; AFP - 527 words
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Article320 1980-07-31 3 Reuter INTERNATIONAL relief agencies will have to ship 120,000 tons of food to Kampuchea during the next three months to stave off a possible new famine, senior relief officials said. A supply equivalent to 40,000 tons a month would be at least 25 per cent higher thanReuter - 320 words
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THE REGION IN BRIEF
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Article502 1980-07-31 3 Agencies JAPAN'S customs-cleared trade deficit narrowed sharply to U5)87D.60 million in the first 20 days of July from a 1.43 trillion deficit in the same June period. This compares with a 1703.41 million deficit a year ago, the Tokyo Finance Ministry said. F. 0.8. exports inAgencies - 502 words
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307 1980-07-31 3 UPI THE American-built stunt plane in which pilot San jay Gandhi died in a crash last month was properly cleared by Indian customs authorities, a high government official told Parliament on Monday. Answering charges from opposition members that the Pitts S2 acrobatics aircraft wasUPI - 307 words
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290 1980-07-31 3 UPI A JAPANESE consortium will launch Tokyo's first project to liquefy Australian brown coal on Aug 12, company officials said yesterday. Called Nippon Brown Coal Liquefaction, the consortium of five Japanese energy companies will invest 3.5 billion yen (US$l3 million) in designUPI - 290 words
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496 1980-07-31 3 Reuter CHINESE Foreign Minister Huang Hua, speaking at a dinner far visiting Thai Foreign Minister Siddhi Savetsila in Beijing on Tuesday, has accused Vietnam of magging troops along the Thai border and threatening Thailand with war. Mr Huang's accusations followed two roundsReuter - 496 words
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Article336 1980-07-31 3 Reuter THAILAND is considering Indochinese proposals to ease tension on the ThaiKampuchean border, assuming that the proposals involve stationing United Nations observers along the frontier area. A brief announcement by the secretariat of Prime Minister Prem Tinsulanonda's office referred to the July 18 proposals by the foreign ministersReuter - 336 words
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Page 3 Advertisements
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Advertisement88 1980-07-31 3 Tjaute Cuisine ala Kashmir Crmixv VVdy yd>n id: is< is World Wide Richard Ellis C H Williams (Pte) Ltd International Property Consultants 2406 Shaw Centre, Scotts Road, Singapore 0922 Telephone *****55. Telex R*****8 FREEHOLD FACTORY/ WORKSHOP/OFFICES COMPLEX FOR SALE Land: approximately 45,943 sq ft Buildings: approximately 46,040 sq ft i)88 words
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RAW MATERIALS
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Article101 1980-07-31 4 Reuter INDONESIA will reduce the check price on which duty is assessed of seven grades of crumb rubber from August 1, the Ministry of Trade and Cooperatives said. A statement from the ministry said the prices in US dollars a tonne are, SIR SCV and SIRReuter - 101 words
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Article216 1980-07-31 4 THE Chicago Board of Trade wheat futures traded over an eight US cent range either side of Monday night's close before ending 13/4 cents a bushel higher to a similar amount lower on Tuesday. The higher wheat loan announced had been generally expected and early buying failed to spawn216 words
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Article201 1980-07-31 4 THE Chicago Board of Trade soybean futures on Tuesday surged to the day's highs in the closing minutes to register final" gains of 14 to 9 Vi US cents a bushel. A good export buying interest in Europe combined with farmer selling reserve helped fuel gains. The was still201 words
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Article224 1980-07-31 4 IN Singapore, the market closed sharply lower yesterday with August One RSS buyers quoted at 279.00 cents per Idlo, down 4.25 cents from Tuesday's close, dealers said. The morning market declined 4.25 cents reflecting overseas weakness and Tuesday's easiness and also to some long liquidation. Lunch time levels were224 words
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Article305 1980-07-31 4 R.AJS. prices In cents per kilo yesterday: Close Noon (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt t.o.b. 279.00 280.00N 278.00 279.OON Int. 1 R.S.S. August 280.00 281.00 279.00 MOO Int. 1 R.S.S. September 282.50 283.00 281 JO 282 00 Int. 2 R.S.S. 274.00305 words
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Article107 1980-07-31 4 NOON SSR and 5 MR p ricae ywlirJir RA8 SSR 20 SSR SO (1-tOD (1-ton Anwl (Curtit Mtk) Bayers Sellers pallet) 257 50 2SA.50N pallet) 254.50 256.50N SefteaWt (Forward Mtk) Bayara Seller* 258.50 280.50N 256.50 257.SON MI1LB Aagaat Septeasber SMRCV SMR L SMR 5 SMR GP SMR107 words
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Article98 1980-07-31 4 THE Straits tli price la Peaui yesterday fell MK per pfcal to $2,1«, H above the lateraattoaal Tie Agreemeat celllag despite evcrnigfct steadier Lsaisa ceadlttoas, dealers said. The easlaess was liflmced hy aews that the US Geaeral Service Admlatotratlea has said five toaaes at Its third stockpile Ua98 words
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Article39 1980-07-31 4 Rubber. July 30 Singapore: Aug: 279.00 cents (down 4.25 cents) Malaysia: Aug: 284.25 cents (down 3.75 cents) Tin: M 52,154 (down $6) (equivalent to $35.61 per kilo) (down 10 cents) Official offering: 207 tonnes (up 67 tonnes)39 words
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Article98 1980-07-31 4 SUPPORT prices for corn, sorghum and soybean were raised by President Marcos yesterday to boost cereal production and help farmers earn more, the Presidential Palace said. A presidential order, effective immediately, raised the support price on corn from one peso to 1.10 pesos a kilo,98 words
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Article170 1980-07-31 4 CHINKBB Pr«4iee Exekaige, Sagapsre, «hdsi jrtw per IN kg CmMt «II: Bulk fob 143.75 sellers, old dam (in second hand drum) fob $153.75 sellers, new drum fob $158.75 sellers. Capra: Mixed (loose) 186.50 buyers. Pepper: Muntok white pepper (ob Asta NLW $427.50 sellers, Sarawak white pepper faq fob170 words
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Article193 1980-07-31 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattsa yam: China Blue Phoenix 20s 2J00; 32s 2JBO, 40s 2,820 (per bale of 400 lbs). Piece gaeds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article334 1980-07-31 4 BINGAPOBE: Yesterday's closing prices in SI 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 OA, 25 per cent new crop no stock, B-10 per cent 0.80. THAI BROKEN: A-super 0.65, Special no334 words
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305 1980-07-31 4 BOLIVIA, a long standing critic of the International Tin Agreement (ITA), is still putting its full weight behind proposals for a producers only pact as a viable alternative should current negotiations on a sixth ITA fail. Bolivia charge d'affaires Jorge Quiroga said in305 words
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Article414 1980-07-31 4 OOPV EE: Business was quieter on the london robusta futures market yesterday morning and after fluctuating within a narrower range than of late prices at end-morning showed little change. At the opening, near positions fell by £30 or so which dealers generally considered to have been overdone and414 words
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Article125 1980-07-31 4 IN Kuala Lumpur, values held steady on selling reserve despite higher overnight Chicago trading, dealers said. Trading remained quiet with central region gaining M 52.50 to $840 per tonne and the south unchanged at $840 for August position. In the north, August was traded at $855. The refined125 words
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ASIAN STOCKS
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Article587 1980-07-31 4 TOKYO Source: DBS-Datwa IT SEEMS still a long way for the market to be free from the spell-binding speculative stocks. The trend of selecting small-sized and lower-priced speculative without any particular reason appears to be everlasting, though the total volume of market orders has thinned slightly fromSource: DBS-Datwa - 587 words
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Article400 1980-07-31 4 PRICES were mixed on low turnover and lack of overseas support yesterday, dealers said. However, diamond partners CRA and Astaton each added 12 Austgalian cents to 15.40 and $2.80 respectively as traders continued to assess the Ash ton Joint venture's exploration settlement with the Lake Argyle aboriginal community. Woodside400 words
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Article271 1980-07-31 4 Source: SHK See THE market rose on the announcement of an injection of 86 million shares of EAN into World International at HKJ6.2O. Turnover was still active amid rumours of a complete takeover of GI Cement (up HK$6 to $65) by Cheung Kong as the market gained for theSource: SHK See - 271 words
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Article133 1980-07-31 4 THE market closed generally firmer yesterday as turnover rose to 8.9 million pesos from Tuesday's 5.1 million, dealers said. Surigao Con B, Anglo Phil, BF Goodrich, DECP, First Phil Hldgs and Vulcan gained while Benguet Con B, Lepanto, Apex Mining B, and Philex B declined. The rest were all133 words
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Article256 1980-07-31 4 STOCK prices closed mixed in dull trading yesterday and turnover remained low, dealers said. Capital Trust rose 1.50 baht to 34, First Trust fell 1.50 to 71.50, Bangkok Bank and Mah Boonkrong Drying and Silo closed unchanged at 296 and 191 baht respectively. JULY 30 Bahts Asia Credit Asia256 words
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179 1980-07-31 4 Reuter NISSAN Motor Co Ltd said it expects its consolidated net income for the year ending next March 31 to fall slightly to about 95 billion yen from a record 106.13 billion last year because of an uncertain foreign exchange outlook. But sales on theReuter - 179 words
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Article49 1980-07-31 4 FINANCIAL TIME8 INDUSTRIALS Tuesday 888.7 Monday <85.# Week Ago «-7 DOW JONE8 AVERAGE INDUSTRIALS Tuesday 831.91 Monday 925.43 Week Ago »27-30 BJLHANG SENG Wednesday *****4 Tuesday Week Ago 1138.07 SYDNEY INDUSTRIALS Wednesday 255*25 Tuesday «85-33 Week Ago 883J8 ALL ORDINARIES Wednesday 918-82 Tuesday 919J6 Week Ago 911.8849 words
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Page 4 Advertisements
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Advertisement209 1980-07-31 4 BRUSSELS JOHANNESBURG LOS ANGELES PRESIDEX SINGAPORE STOCKHOLM 1 SYDNEY THE PRESIDIUM DIAMOND EXCHANGE AREA OFF!Cf: PRESIDIUM DIAMOND PTE. LTD. 21st Floor. Show Towan, Booch Road. Singapore 0716 Tol: *****41/2 Tolon 2*224 International Inter-Dealer Market Indications JULY 31,1900 G.I A OR D.G.L. CERTIFIED FINEST CUT/FINISH ONE CARAT ROUND BRILLIANT (U.S. DOLLARS)209 words
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OVERSEAS
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453 1980-07-31 5 NYT FACED with slumping demand, at least three major oil companies in the US have lowered crude oil prices in recent days, marking the first broad reduction in" prices since the mid--*****. Other companies are expected to follow. The reductions, which affect onlyNYT - 453 words
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Article137 1980-07-31 5 Reuter OPEC experts are preparing a final draft of the cartel's long-term strategy, the official Saudi press agency has reported. The experts, from Saudi Arabia, Iraq, Iran, Venezuela and Algeria, began work in Taif, Saudi Arabia, under the chairmanship of Saudi Oil Minister, Sheikh Yamani. Opec createdReuter - 137 words
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312 1980-07-31 5 Reuter RECORD exports and a fall in imports enabled the United States to slash its trade deficit with the rest of the world to $2.3 billion in June, the Commerce Department reported. The deficit in May was $4 billion. Exports rose 5.5 per centReuter - 312 words
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Article699 1980-07-31 5 ARRIVALS Service Local Operator Number Time From SIA SQ580 0710 MAA MAS MH601 0700 KUL SIA/BA SQ/BA17 0715 LHR/BAH MAS MH621 0635 PEN SIA SQ101 0815 KUL RBA BI421 0930 BWN MAS MH671 0930 PEN/KUL MAS MH605 1000 KUL SIA SQ211 1000 HLP CPA CX710 1005 HLP699 words
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Article, Illustration529 1980-07-31 5 UPI THE UNITED Nations General Assembly has voted overwhelmingly to demand that Israel begin withdrawing from occupied Arab territories by Nov 15 and make way for a Palestinian state. The resolution was passed on Tuesday at the end of a fiery six-day emergency debateUPI; AP photo - 529 words
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643 1980-07-31 5 Reuter UPI US DEMOCRATIC party officials expect President Carter to survive the latest uproar over his brother Billy's ties with Libya, at least through the presidential nomination process. But they say it is open to question what the effect will be on theReuter; UPI - 643 words
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562 1980-07-31 5 Reuter PRIME Minister Margaret Thatcher told the British Parliament that there would be no U-turn in the Conservative government's economic policy. She told the bouse, during thft debate on the opposition's motion of no-confi-dence, that the change of direction, which the Labour Party isReuter - 562 words
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WORLD IN BRIEF
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Article451 1980-07-31 5 Agencies THE BUSINESS Round table representing chief executive officers of about 200 major companies in the United States has urged the end of wage-price guidelines of the Carter Administration. In a letter to President Carter, the group said continuation of the guidelines would not reduce theAgencies - 451 words
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Article122 1980-07-31 5 AFP PRIME Minister Walter Lini of newly-independent Vanuatu, formerly the New Hebrides, has requested the immediate departure %f French and British troops from the island of Espiritu Santo,* the BBC has reported in London. Vanuatu, previously administered as a condominium by France and Britain,AFP - 122 words
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Page 5 Advertisements
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Advertisement84 1980-07-31 5 n T1» outdoor condensing unit powered by famous GE Climatuff"" compressor provides the cooling refrigerant while the quiet indoor console unit delivers cod, comfortable air without bulky, costly US 3f MS ill I 4 n pi i;. Hill (I < li f A-' TWs 8E System pumps and circulates the84 words
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627 1980-07-31 6 THE SURVEY BY the Singapore Institute of Personnel Management on companies' readiness to implement the latest National Wages Council guidelines reveals just how unprepared most companies are. Only about half of the respondents said they have a formal appraisal system. More than two-thirds of627 words
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Article, Illustration1870 1980-07-31 6 3 M ALI, Depthnews editor-in-chief, discusses in a threepart series the various aspects of Opec's relations with Third World countries. In the first article today, he focuses on a new longterm strategy that Opec members want to adopt with other developing countries, especiallyDepthnews; Source: OPEC - 1,870 words
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Page 6 Advertisements
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Advertisement205 1980-07-31 6 ILL -k •7 TO JSSSSfe Why idl« away your life and languish in poorly paid jobs with no future whan you can move ahead with the RIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of the following courses and gat just THAT QUALIFICATION! Institute of Administrative205 words
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Page 6 Miscellaneous
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Miscellaneous37 1980-07-31 6 Time. Purcc: Tvac ucxne or ft £>LjONDi»4\ BRc5TneC r upwe >fou > F»NISHCID rst P H &U**->»Nt I (SCPtFtoOXNG TO Tuc ,o*D C*S rrs v/eRv f*\pstre su«e vou OJCPNO f\ CLewsj \n c*se N/oo gct e>uou>4 off THC37 words
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Miscellaneous583 1980-07-31 6 iTflfK The reservist's career d Tile Mtreii Lj» Be«grave, rtrter af Ike am etr fiplfiM Viiem, t» tor NUriw ti Stele (d£ ty getttag twee). m CteMMl lel IJi Piggy wOl have OBInHj «f tnrtag te steal tea atww TT SINGAPORE 5 3.00 PM Opening Mowed by Rag Trade 3.30583 words
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Article1199 1980-07-31 7 BARRY JAMES - By BARRY JAMES UPI BRITAIN, to use a gardening analogy, is being pruned like a sick rose bush. The government of Prime Minister Margaret Thatcher exudes confidence that new industrial and economic blooms eventually will flourish on the skeletal branches. Her opponents, predominantly in the trade unionUPI - 1,199 words
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810 1980-07-31 7 RUSSELL BAKER - FORUM With RUSSELL BAKER NYT SPEAKING of the Draft, have you ever wondered why the only branch of government that has to conscript labour is the military? Nobody ever argues for drafting people into the State Department, or the Federal Power Commission, orNYT - 810 words
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Article670 1980-07-31 7 VICTORIA GRAHAM - •r VICTORIA GRAHAM AP THERE'S TOO much heavy industry mud not enough housing in Belting. Traffic is a mess. There aren't enough vegetables in the summer and in winter, cabbages rot in the streets. Shop clerks are rude and Hui minority people can't find enough whiteAP - 670 words
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Page 7 Advertisements
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Advertisement899 1980-07-31 7 THE CHASE MANHATTAN BANK, N.A AND SUBSIDIARIES HEAD OFFICE: 1 Chase Manhattan Plaza, New York, New York ***** CONSOLIDATED STATEMENT OF CONDITION Aneto Cash and Due from Banks Interest-Bearing Deposits Placed with Banks.. Investment Securities: U -S. Treasury Securities Federal Agency Securities State and Political Subdivision Securities Other Bonds, Notes899 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article177 1980-07-31 8 JVV09 Pis ABNiui 311.50 16.5 Ahold 71.10 0J 24 00 unch Aigftjg£ AMEV HZ 88.00 unch Atnrltfl 112.00 -1.5 AIDMM DtrfjM 06 JO 3740 -03 13 B?r£rtW 96.00 1 Bolt- SO JO 01 ***** 2 BurMfiHtfi Byenkorf 07.90 MMJU 0J 03 CaHand 24 .20 0.1 Calve Delft 160JO -1.0177 words
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Article188 1980-07-31 8 JULY 29 Francs Actions Suisse* Alusuisse Br. Alusuisse Reg Brown Bovert Br. Clba Oelgy Br. Clba Oelgy PC_ Clba Oelgy Res. Credit Suisse Br Credit Suisse Reg Elektrowmtt Br Oeorge Fischer Br Globus Pc Hero Br Hoffman La 292 1245 447 1710 HIS 100 816 2315 402 2470 880188 words
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Article154 1980-07-31 8 JULY 29 Dm Aef-Telefunken 87.20 -0 JS Akao A llx Leben Allx Vers BASF 137.70 •1J Bay H T Wbank Bay Vbank Bayer 118.00 -0.7 BBC BMW HZ 142.00 -23 Cassella Chem Verw Commerzbank ***** -73 Conli Gumml 64 00 -06 Daimler-Benz 250 10 -4.9 Defussa Demag ***** 1154 words
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Article274 1980-07-31 8 JULY 29 Krs COKBKILLE Alr-Uqulde B S N Oemb Danone CSF (ThomsonClf) 437 1014 448 •3 10 -4 Ctc rnnctiK ties Petroles Compagnle Flnanclere Compagnie General* Credit Foncier De Prance 233 30 382 SO 424.10 -U -0.5 ■U Hachette (Libralrie) 246 SO 2i Machines Bull Mlchelln (B) Parlbas Pechlney274 words
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Article88 1980-07-31 8 JULY m FORWARD MARKET Acec Artwd Atlur 320 MSO <31 unch •a Brmacmn Bru-Umb Canpac Cock De Beer* 0M 1430 m *a w* -4 unch •4 Eleclrobel Gb-Inno-Bm MM *130 MM 5 -no -M On Hobo* Petro Ryl Dutch 13** 2090 M10 2S2S 12 «5 40 Sidro 1246 unrh88 words
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Article96 1980-07-31 8 AnW 6 90 0.05 Assoc Oen B&slof 1 ***** 522 860 2 »•>»' FiruKler 1610 5625 -3 4- 30 9 75 Oen Immob 1445 36 IFI Prl 2740 416 iuJcementl ***** 80 luif&s Ml 419 Tt.l.WW 332 ur irh M&gneu M Pf 411 -12 Marelli Ere ***** 4-175 iiMflnb96 words
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Article1170 1980-07-31 8 NEW YORK Reuter THE STOCK market closed higher on stepped-up volume with blue chips and glamours leading the advance on Tuesday. Analysts said institutional buyers again moved into the market to extend Monday's uptrend. "Obviously, there is a lot of cash on the sidelines andReuter - 1,170 words
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Article207 1980-07-31 8 JULY ANlihl c$ J0> 2 Hud Bay Mtn Imp Oil Inco 45'25 unch 'i AJcan J7 f 1 Int Pro* Pipe If. Algoma 30 Int UU 11'. Bank Mont Bank Nova ScoUa Bell Tel 29 31'. 19 Intl Nickel Kerr Add Loblaw B 25'. 18'. Beth Corp BP Can207 words
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Page 8 Advertisements
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Advertisement514 1980-07-31 8 8m Pagt 9 for Jo'burg pricos and Pagt 4 for Asian stocks Where to wine, dine and entertain I Mbertutf ®rill For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday SIS 10% service charge *3% cess Javanese Rijstafel Saturday Sunday 51b 10% service charge 3%514 words
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Advertisement68 1980-07-31 8 n m 1 4 V r HG Try torn or our daliciout local fmouritas praparad to parfaction. Nonya Lakaa. T*hi Gorans, y Gado Gado, Mm Siam ft an —uilinant of *>iev curriat. limnwi Chickan Riaa. Satay and Taiwan Ponridfa ara aarvad daHy aha 12jOO pjn. Amarlean short ordars and Continantal68 words
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BANKING AND FINANCE
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Article741 1980-07-31 9 Depthnews Asia BANK of China, Beijing's premier foreign trade bank, improved its rate of profitability while maintaining its liquidity levels last year. This could further boost the bank's already evident trend of expansion and diversification this year. The bank's expansionist policy coincided with the firstDepthnews Asia - 741 words
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420 1980-07-31 9 THE Bankers Association of Taipei, with approval from the Taiwanese Ministry of Finance, has awarded a consulting contract to American Express International Banking Corp to improve consumer banking services in the country. Signed on July 2, 1960, by Dr IS Sun,420 words
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Article106 1980-07-31 9 Reuter US FEDERAL Reserve Board chairman Paul A Volcker said the current level of interest rates is not consistent with what is happening with inflation. Mr Volcker told the National Association of Federal Credit Unions a concerted effort to reduce the infhrtnn rate is required before lowerReuter - 106 words
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335 1980-07-31 9 Reuter THE recent reduction in Hongkong interest rates may seem mistimed, the Hang Seng Bank research department said. It said in its economic quarterly review that while the latest figures for hunir lending and total credit to the economy showed a decline inReuter - 335 words
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Article245 1980-07-31 9 Reuter FORMER Vice-minister of Finance (or International Affairs Koichi Inamura said the yen's depredation is only temporary as its slide has gone too ear. But the currency will correct itself if left to market forces, he said. Mr Inamura, now senior adviser to Japan's LongTermReuter - 245 words
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619 1980-07-31 9 NYT IT WILL be easier for US consumers to obtain credit beginning last Monday, as major banks react to the official lifting of the credit controls that were imposed by the Federal Reserve Board on March 14. In Yew York, the three largestNYT - 619 words
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Article118 1980-07-31 9 Reuter THE Philippine Export and Foreign Loan Guarantee Corp has signed a US$2O million credit facility with a syndicate of Arab banks. A Philguarantee spokesman said the credit is to finance Filipino contractors with construction projects in Saudi Arabia. The syndicate is led by the National CommercialReuter - 118 words
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Article299 1980-07-31 9 JULY 29 Rand Tit Oats ion unch Tonjaal 725 unch INDUSTRIALS Trust Bk in 1 Un Steel in unch Unisec 256 unch A Alpha 430 ♦10 Wool worth 610 >25 Aberrom an AE And CI MO -15 MININGS Aiiir *75 unch Barlows 1140 -10 Ancles 1875 >10 SA 8299 words
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Article152 1980-07-31 9 ASIAN ASIAN currency deposit interbank rates as at close on July 30; fiiiiii sf-sr •H »M 815/1# 813/18 9H 9v, »H 19/18 13/19 10 101/18 101V1« SwJr*. Dm. 1 month 2 months 3 months 6 months 12 months iHtddi* PrtoM) 5* 813/18 5H ri/18 5H 81/18 51/18 7% 1 month152 words
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Article47 1980-07-31 9 RANGE of prices offered by discount bouses on July 9 Overnight: «H -613/10% Call deposits: «V, V*% ClMtH Bmyhg Mhag 3-month Treasury bllia 0H «V, 3 month Bank bills m ou 3 months CD 813/1« 811/16 6 months CD I 11/16 89/16 Source: National Discount Co47 words
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Article22 1980-07-31 9 THE average rate at which major Singapore banks are currently prepared to lend to their beat customers is 11.1 per cent.22 words
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Article147 1980-07-31 9 THE U.S. dollar eased quietly in early trading after a strong performance in New York where the currency benefited from improved external trade figures for June with the deficit narrowing to USS2.2B billion from May's $3 96 billion. The mark responded positively to encouraging provisional Aflation figures for July147 words
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Article103 1980-07-31 9 THE U.S. dollar weakened slightly in moderately active late exchange trading yesterday, dealers said. They said the dollar fell on profit-taking, both in Asia and Europe, and on some end-month position squaring. The US unit stood at a late 225.89/95 yen against an early 226.50/60 and 227.00/15 at Tuesday's103 words
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Article43 1980-07-31 9 THE Monetary Authority of Singapore has invited h«nir« and discount houses to tender for a total of |70 million 91-day Treasury bills to be issued from August 4 to August 6. Each tender must not be for less than 1250,000.43 words
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Article382 1980-07-31 9 THE U.S. dollar closed generally lower against major currencies in thin late trading mainly on profit-taking, dealers said. Against the yen, the US currency fluctuated widely between 227.70 yen and 225.80 yen before closing weaker at 226.15/30 yen compared with New York's 227.00/15. It closed slightly lower at382 words
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Article234 1980-07-31 9 THE U.S. dollar for overnight delivery yesterday closed sharply lower at 225.90 yen in active but erratic trading, compared witb a 227.70 opening and 226.60 for Tuesday's close, dealers said. Trading volume was a heavy US$l.O4 billion. The dollar weakened briefly to a day's low of 225.50 yen in234 words
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Article324 1980-07-31 9 I GOLD futures in Stagspore yesterday closed generally easier yesterday compared with overnight levels in quiet trading, dealers said. r k Opening prices were marked down between US$l3 to $15 an ounce following the metal's decline in New York on Tuesday and in Hongkong yesterday fol lowing reports of324 words
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Page 9 Advertisements
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Advertisement114 1980-07-31 9 !&tJVtfra A* worlds finest Scotch. It still does. In 1824, when The Glenlivet was born, there was but one way to seal a bottle. With a cork. And there was but one Scotch with flavour readily recognized as the standard by which other Scotches could always be judged. Many bottle114 words
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Advertisement287 1980-07-31 9 Business Times this National Day focusses on the human factor as the single most important element in Singapore's plans to achieve developed country status by the end of this decade. This supplement concentrates on the critical problems facing a nation bent on creating a new people, one with as much287 words
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1699 1980-07-31 10 BUSINESS DONE ON THE SES THE KLSE BID and offer prices officially listed and business in and reported to the Stock Exchange of ttagsporr yesterday with the number of shares traded shown in brackets in lots of I,OOV units, unless otherwise specified. SECTION ON* INDUSTRIAL COMMERCIAL Acs* (3JOB 1348) (X)1,699 words
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Article141 1980-07-31 10 ■N0APOBS UNIT WOT (Mm in the Commerce 2JI IM The Savings Fowl LM LM S pore Prof Fund LM L41 Spare Sec. Fund 11* IS S pore Invest Fund LTI lJTxd S pore Equity Fund 1* LM OUB-MONTA0U Union Spore Fund 1.11 Lit INCOMK BOND UNIT (CMlt pM»)141 words
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Article2799 1980-07-31 10 1980 Hgk Low Coapasr Last Sale orGr*s Div Div Cvr Gr's YTd Net P/E Vol fOOO) I Day High Low SECTION ONI 4M 911 4H INDUSTRIAL ft COMMERCIAL 245 220 116 140 270 60 275 246* 187 285 Acma Alcorn' Allied Choc BAT Bata Ben Berjaya Kawat2,799 words
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Article1664 1980-07-31 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. mxsibialb If >i (ISB US) (i) an AIM (2.338 2.355) (2) 1)41,664 words
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Article75 1980-07-31 10 UNTA Keltt Tta Dredgtag Co Ltd: AGM to be held at 5th Floor, Straits Trading building, 4 Jalan Leboh Pasar Besar, Kuala Lumpur, at 2.30pm on July 31. Still Mm *—*11 ed HaMtagi Bfcd: AGM to be held at 1S7A, Batu 4V« Jalan Scudai, Johor Baru, at 1100am75 words
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Article, Illustration630 1980-07-31 10 IN UNEASY the Slagapsra ateeh^aarhet «mile tnteg ywteftoy. Share prices BoctuN meet of the day as hayers toi sellers tM for eeatrel. Bat streag haytag wave towards the etose poshed the msrtnt to steadier etose. A hrsker desert hed It as a "toaeh sad g*" sesatea. Scrip630 words
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Article680 1980-07-31 10 CONDITIONS were slightly steadier at the Kuala Lumpur stock market yesterday after two days of generally erratic and mixed trading. Traders shed some of their earlier inhibitions to trade briskly, especially in the afternoon. Early trading in contrast was quiet and selective. The buying support,680 words
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COMPANY NEWS
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Article, Illustration547 1980-07-31 11 CHOO AI LENG - By CHOO AI LENG SINGAPORE Glass can look forward to a 40 per cent increase in plant capacity «lien it shifts to its new factory in Jurong in October. Work on the $39 million factory which will house both the glass and fibre packaging operations547 words
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Article263 1980-07-31 11 LOCAL coffee merchant, Teck Hock k Co, has taken a 20 per cent stake in the Boustead group's newlyformed commodity company, Boustead Commodities Limited (BCL). The first of its formal ties with overseas firms, Teck Hock's participation in BCL is solely investment, a company263 words
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Article364 1980-07-31 11 CONTINUING its encouraging growth reported at midterm, pre-tax profits of Hume Industries (Malaysia) has surged past the $15 million mark in the year to June 30,1980. The group, which earlier this month made a bid for the entire equity of Hume Industries (Singapore), reported a 28 per364 words
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Article86 1980-07-31 11 SIME DARBY ku aaMueed that with effect from Aig 1, Tnnkn Date' Ahmad Ha Tuka Yahaya's designation will be ehaaged from depaty groap chief exeeatlve ta dlreetar at operations. Commenting on the chaage, groap chief exeeatlve Mr James Scott said. that the aew title describes mare positively Tank86 words
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Article453 1980-07-31 11 P. GUNASEGARAM - By P. GUNASEGARAM A STRONG contribution from its property development subsidiary along with vastly improved profits from finance activities boosted Kuala Lumpur Industries' (KLI) earnings at mid-term. The KLI group has reported a pre-tax profit of $915,000 for the six months to Apr 30, 1980. This represents453 words
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Article291 1980-07-31 11 MALAYSIAN Containers (1974) Berhad (MCB) says that the Capital Issues Committee has approved the revaluation of the land and buildings belonging to its subsidiaries, whollyowned Kuala Lumpur Glass Manufacturers and 70 per cent owned Malayan Fibre Containers. The surplus of $6,873 million thrown up by the291 words
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Article266 1980-07-31 11 DESPITE a significant rise in output of tin concentrates, Killinghali Tin (Malaysia) has reported a downturn in mid-term earnings, due probably to the higher cost of mining on lower grade ground. For the six months, to June 30, 1900, the company reported a pre-tax profit of266 words
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Article616 1980-07-31 11 u ĕS?M2„ a by HOCK LOCK SIEW HONG Lecng Finance's sparkling interim results must by now be the talk of the banking and finance sector for it is not often that one hears of a competitor, especially in a highly competitive industry, achieving a 100 per cent growthby HOCK LOCK SIEW - 616 words
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Article247 1980-07-31 11 Curreat Payaieat Ex Date Book* Close Date Payable Total for Total for the year Previous year AW* Hide* BorfaataT B Kt««l PAN G Town III Wood JC Eat JC MPH NtUwtU MBS M Brow Ptkui Com Pre: Pc(i Mill Rivcrrio* 8ol Dredge Sol Prop SgBeai Spore Glut Utd247 words
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Article146 1980-07-31 11 Company Particular* Ex Date Books Close City Dev PAN Grand Central H Leong Finance Hume M JC MPH SanyoInd SP Textile Spore Glaaa Rights Issue of 2 for 3 tajl 80 per share Bonus Issue of 1 for 3 Bonus Issue of 1 for 10 Rights Issue of146 words
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Page 11 Advertisements
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Advertisement18 1980-07-31 11 Raffles "T Hotel 1 Our telephone number will be changed from 6 pm Today! to 337-8041 SORRY 118 words
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Advertisement212 1980-07-31 11 NOTICES 55 A I L Of»CO'PO'MM <n lh« Republic Ol Singapoiai II 2. INTERIM RESULTS 1980 The Directors of Sembawang Shipyard Limited announce the unaudited trading results of the company and subsidiary for the first six months of 1960. Sembawang Shipyard Limited The market for shiprepairing was buoyant during the212 words
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544 1980-07-31 12 NYT FORD Motor of the US made a record US$46B million loss in the second quarter of this year because of poor domestic sales. The loss would have been greater had it not been for the company's continuing, though declining, profits from its overseasNYT - 544 words
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Article135 1980-07-31 12 UPI PACED by brisk butaeas, Nlssaa M.tor, Japaa's wctad biggest ear maker, period reeard praflto fer the hiaw year eaded last Mareb. The eempaay repartod yesterday that Jto after-tax prsflt far the year iteed at UBWli milHea, aa iacrease ef 58.8 per eeat ever the preeediag year.UPI - 135 words
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431 1980-07-31 12 THE DISPUTE between American and Japanese car makers has intensified following reports that Japan may not remove tariffs on imported components and that Japanese car exports to America rose 31.8 per cent in the first six months of this year. The Asahi431 words
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492 1980-07-31 12 GOH ENG KEE - By GOH ENG KEE Shipping Correspondent A SECOND Singapore shipping company has teamed up with the Sri T-ankan tional shipping line to undertake shipping agency, operation and management activities. But, unlike the first venture started by Neptune Orient Lines (NOL), Singapore's national line,492 words
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334 1980-07-31 12 Reuter THE BRITISH Steel Corporation (BSC) incurred a loss of £545 million on its trading activities after allowing for a depreciation of £87 million and interest of £188 million, in the financial year ending March 29, compared with a loss of £309 million inReuter - 334 words
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263 1980-07-31 12 AFP FOR the first time since World War n, Britain is resuming commercial loans to foreign governments. The state of Denmark has won approval for a £75 million issue over 25 years at 13 per cent fixed interest. City of London sources expect moreAFP - 263 words
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Article744 1980-07-31 12 LONDON, Wed. Share prices were narrowly mixed in very quiet trading ahead of the weekly decision on minimum lending rates, due tomorrow. At 3 pm the FT index was up 0.3 at 490.0. One feature during a lethargic day's trading was Reed International which dropped 13p to 182p744 words
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Article159 1980-07-31 12 GROSS currency in circulation increased by about $359 million or 13 per cent last year. Active currency in circulation, which excludes commemorative coins, cash holdings of government and commercial banks and other high-value coins, rose $358.42 million, accounting for 99.79 per cent of the159 words
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178 1980-07-31 12 UPI CHINA yesterday said it will support Thailand if Vietnam launches any fresh attacks against the Thai government. Prime Minister Hua Guofeng said after meeting Thai Foreign Affairs Minister Siddhi Savetsila: "The Chinese government and people will firmly stand by Thailand if Vietnam continuesUPI - 178 words
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Article135 1980-07-31 12 UPI INDUSTRIAL output in Japan, a barometer of economic activity, fell for the second straight month in June signalling the first major setback of business performance kept healthy for the past year. The Ministry of International Trade and Industry said in its monthly report onUPI - 135 words
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Article40 1980-07-31 12 LAOS appears to have cut off telephone communications between the Laotian capital of Vientiane and the key Thai border town of Nong Khai following a breakdown in talks between the two countries to settle their current disputes.40 words
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393 1980-07-31 12 i THE SINGAPORE Marii time Officers' Union (SMOU) will take strong f action soon against Yew Lian Shipping for refusing to sign a collective agreement after negotiations had been finalised. i The agreement covers two vessels sailing on the home trade with393 words
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Article79 1980-07-31 12 THE LIMIT for cash withdrawals after 4.30pm at Post Office Savings Bank branches will be raised from $500 to $1,000 as from Aug 1. The limit for cash withdrawals at the Superbanks in the three Metro stores and two Yaohan stores will also be raised to $1,00079 words
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Page 12 Advertisements
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Advertisement192 1980-07-31 12 40W*7W8MEWr Fortune Made From Thin Air Addressing a seminar on 'Business Leadership in the 80's\ the owner of one of the city's biggest multi-storey shopping complex disclosed today that he owed his success to a little parrot and an Indian fortune-teller. Shortly after the shopping complex initially opened, it was192 words
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Advertisement75 1980-07-31 12 4UFAXIII A ii »:ef t --Y'' -1 y V f <*M|* A fe, r N Fit for the table of kings and emperors When you talk of wines you talk about French wines. Chateau D'lssan cpmes from Cruse's own vineyard in the most renowned wine growing district of France the75 words
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Page 12 Miscellaneous
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Miscellaneous65 1980-07-31 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few places late morning onwards. Report for 24 hours prior to 7.» p.m. on Jtly 31 at the airport Maximum temperature 31.7 Associated humidity 66 Minimum temperature 24.3 Associated humidity 99 Hours of sunshine 5.10 Rainfall in65 words
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SHIPPING TIMES
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PORTSIDES
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Article126 1980-07-31 13 Reuter WORLD International (Holdings) Ltd will pay HKssd6.B million cash for 86.58 million shares in Eastern Asia Navigation Co Ltd held by company chairman Y K Pao and his family interests. The purchase, which will be made on Sept 1, represents a price of $6.20 perReuter - 126 words
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Article70 1980-07-31 13 AFP A GREEK cargo vessel, Kaptain Mitsos, was impounded at Bombay port on Tuesday on orders by the Bombay high court for alleged nonpayment of wages to its crew members. A suit was filed by one of the crew members of the ship, Adam Abdul Kareem, aAFP - 70 words
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Article87 1980-07-31 13 AP A 720-ton Soviet intelligence vessel has been seen for nine days in Turuga Strait, between Japan's two main islands, where Japan's maritime selfdefence force now is staging mine-sweep training. The Barografoi the Soviet navy first appeared at the western entrance of the Strait, between Cape Hirakami onAP - 87 words
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Article, Illustration594 1980-07-31 13 G DURAIRAJ - By G DURAIRAJ THE Malaysian Government has given its approval for a bumiputra-owned haulage company to operate a restricted container hauling service between Port Klang and the company' s inland container depot. Industry sources who declined to name the new company say it has594 words
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Article585 1980-07-31 13 Statpplag Uae flMppki Um P»K® Cat Adriatic IV 5 Fesco V 1/2 Afea VI 3 Flotta Lauro V 5 Afro-Eurasia vn 1 Fortune VI 5 All trans VI 5 Franco-Belg m 4/5 Alpac VI 5 Frata NVOC VI 2 Angkutan VI 4 Frota Line V 4 ANL585 words
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Article, Illustration225 1980-07-31 14 OVERSEAS Containers Ltd is sponsoring Heron Suzuki's powerboat team for the 1960 British in-shore powerboat racing season, a sport which is one of the fastest growing in Europe. The Suzuki racing team is defending three championship titles in 50hp class racing. The OCL Team Suzuki took225 words
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422 1980-07-31 14 THE latest Uactad maritime convention on international multi-modal traaaEof goodi ataald come hopes coda oa caqpt *arlag Mk to coow Ma km aa aa qualification, luch m proportion ot toaaage owned by rnHrafthn itatn. has been made. For the drat time, in the multi-modal422 words
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Article981 1980-07-31 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 following981 words
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372 1980-07-31 14 UPLAP THE US aircraft carrier Midway collided with a Panamanian merchant ship, killing two crewmen, but was able to continue under its own power. A US navy spokesman said yesterday the incident occurred at 7.50pm (1150 gmt) on Tuesday in the Palawan passage of theUPLAP - 372 words
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Article253 1980-07-31 14 SUSTAINED North Atlantic bulker rate strength could be seen in further coal fixing from Hampton Roads to Japan when the bulk-oil carriers Pennsylvania Getty and Norman Pacific were both reported to have received $22.15 (discharge free) for 55,000-ton, August shipments. Firmness in the US Gulf grain sector could253 words
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Article, Illustration519 1980-07-31 15 LINDA CHEE - By LINDA CHEE HOLLAND America Cruises is guaranteeing no fuel surcharges and price increases for all its cruise programmes up to April 1981. The announcement was made recently by the company's president, Mr John R Berry. He said there will not be a519 words
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Article318 1980-07-31 15 THE US Navy is to get container shipping giant SeaLand Service's unwanted eight SL-7 containerships, reports Lloyd's List. The ships will go to the navy under the Senate's record-setting US$5l.9 billion defence authorisation bill. This provides the navy with $285 million to purchase the318 words
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152 1980-07-31 15 Reuter GHANAIAN president Mr Hilla Limann has assumed personal management of the state-run shipping line Black Star and called in the Ghanaian navy to take control of its idle ships. The president said, in a radio broadcast in Accra yesterday, he had dismissed theReuter - 152 words
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730 1980-07-31 15 Fairplay OVER the past six months, the ro-ro charter market has improved somewhat compared with the difficult period during the second half of last year. The increase in serious enquiries has been sufficient to encourage the owners of most of the laid up ro-ro fleetFairplay - 730 words
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Article, Illustration429 1980-07-31 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Builder H (0700) 22 Cherry Sindia (0900 tide) 27/ 28 Eizan Maru (0530 after Oceanic Star, subject free board) 19 Per lis (1600 after Lumut) 20 East Simba (after Nedlloyd Adelaide) 3/4 PASIR PAN JIANG WHARVES Pariaman (0700)- TB Gdns3ol 610-660 Yamasumi429 words
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2705 1980-07-31 19 SHIPPING LIST where your ships are due and when 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 Port2,705 words
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166 1980-07-31 20 UPI Tsft Australian government has announced the fliicfing of an inquiry into a fire and subsequent sinking of a Lebanon registered ship carrying 40,000 live from Australia to Iran. ftojje inquiry revealed a broken oil line on the ship'* generator which caigM theUPI - 166 words
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426 1980-07-31 20 AUSTRALIAN transport giant, Thomas Nationwide Transport (TNT) is to take an 11 per cent holding in ABC Container Line with two other as yet undisclosed Australian companies each taking another 11 per cent. ABCs principal, Mr Tlsvi Vered Rosenfeld said negotiations are426 words
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179 1980-07-31 20 AP A SOUTH Korean bulk carrier with 29 crewmen aboard has been missing off the Centra] Philippines for one week and searchers fear it may have been sunk by Typhoon Kim, the ship's local agents said. A spokesman for Soriamont Steamship Agencies saidAP - 179 words
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Article250 1980-07-31 20 EUROPE-East Africa: Nievelt Goudriaan of Rotterdam have formed a new wholly owned subsidiary, Elephant Shipping, to inaugurate a monthly independent liner service from Northern Europe to East Africa. Three 14,000 dwt multi-purpose vessels with container capacity of the Alphacca class will be assigned to the trade which is250 words
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Article1499 1980-07-31 20 The leading shipping lines operating from local Cris and the agents who handle cargo bookings r them. A-B Aehipelege R T Transportation (S). Adriatic Csatalaer Continental Feeders (S)/Cargo Freight (PK). AFKA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Afre-Earaala Use Transgroup Pte Ltd (S). Alfred C. Teepfer1,499 words
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Page 13 Advertisements
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Advertisement323 1980-07-31 13 nuswiftSS A great name in fire fighting Sob Agents: brief Sinatra Trading Co (S) Pte Ltd Approved SFB Service. Tel: *****35 \R I) I\ 1 I \U Orient Overseas Co*Ua*teA Line FUUT CONTAIERBED SERVICE TO EUROPE (VIA SUEZ) S>m PJMh( UMnra It'tei Friowe Hta »CD 3/8 4/8 22/8 23/8 24/8323 words
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Advertisement284 1980-07-31 13 59 SEA LOR I) ANTAH a UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES Loading tor Mina Qaboos (3/9) Mina Al Fahal (4/9) Dubai (6/9) Damman (8/9) Kuwait (10/9) Dubai (26/9), Dammam (29/9), Kuwait (2/10) FULLY CONTAINERISED SERVICE Vessel M. NATTYM V.7 Loading tor N. HATTY AH V J284 words
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Advertisement14 1980-07-31 13 mm CONTAINER Schedules LONDON Freights SHIPS In Port SHIPPING List REGIONAL Weather WORLD Services14 words
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Advertisement464 1980-07-31 13 I <i> cnan I Alqrri.m N.ition.il Li'it WE SERVE MEDITERRANEAN AND ALGERIAN PORTS T«t *****4 (5 Unes) SINGAPORE HHHHHHT \*k\ MAERSK LINE EXPORT TO US. PACIFIC, GULF, ATLANTIC. EAST CANADA AND ASIAN PORTS Lf "■air 1 3-4/1 10-11/1 16-17/8 23-24/8 30-31/1 0-7/9 Singapore Clmm| Tnms: CY 3RD AUG 1500 hrs464 words
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Page 14 Advertisements
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Advertisement508 1980-07-31 14 LEO SHIPPING PTE LTD SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KFLANG PFNANG HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALAYSIAN MTBINATiONAL SHPPHG CORPORA DON BERHAD CawUmar Sendee TeEarepe Mm Accaptog Far. 1) Saratov, Genoa, 2) Amsterd* 'Accaptmg Europe carfo (or feeder i, Antwerp, fHavre, Bdbao, Basle, UK, 3)508 words
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Advertisement191 1980-07-31 14 SUPERCARRIER SERVICE WEEKLY BERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA 12/1 0-6/0 •10/1 tSTOK M M M M ran N Y«t toM SL Mb EM Hmtm MM 2-2/1 l/» 9/9 9/9 17/9 19/9 24/9 23/1 26/9 1/10 4/10 5/10 7/10 0/10 11/10 12/10 20/10 23/10 20/10 1710/0 17/9191 words
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Page 15 Advertisements
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Advertisement779 1980-07-31 15 Overseas M I Containers ■mm Limited Weekly service to/from UKyEurope STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAHRSHr SERMCE TO IK/COWOT: lfh»i Sport PJKttaif 0 mart Bran 3An 21 23 A* 27 An 21 An Hanken Eiprra 3An 31 ta| 2 Sap !*»*T 14 An 2 Sap779 words
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Advertisement607 1980-07-31 15 Franco Belgian Services I h ir Fas' hrc'.ich Serrxct with ht i-'ar KnSttrn I.xnesl A < f CONSOtTi E r um i!"** *<M> HWf B'Ntrw Cm UNnn Plte ram MJ J* f»* 2lh| Sk| 2ih| 2lh| lOCATOR 11 My tMylt My 12 My 14 My Ikm 2km >£T.«! 5 1607 words
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Page 16 Advertisements
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Advertisement652 1980-07-31 16 j^Hapag-Uoyd TO NORTH EUROPE HM(kM| Eiprtu t*y» b»T TO WOnfMKA Kbuf| B'kim 21/8 23ft 27/8 29/8 31/8 2/9 2/9 4/9 11/9 13/9 I EXTORTS le Ha*re T* m 2/8 3/8 [kUMi TO USA/CAHADA Lnrerpnel tty S port PK Pen Bdbao Genoa tfburg Bhawn Rdam Antwerp 12/8 15/8 U/9 14/9 7/9652 words
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Advertisement496 1980-07-31 16 LINE KOREA SHIPPING CORPN P. Ketone PENANG STORE ALTAR 153W SU SM PSA 644 FROM BUSAN BANGKOK ALTMR 154E Std SM PSA 644 TO BUSAN VEGA 151W 18-22 Atif 23-25 Au| 27-30 A FROM BUSAN BANGKOK VEGA 152E 18/22 Aug 23-25 Auf 27-30 Aug TO BUSAN/MCHON KSC Kic KSC KSC496 words
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Advertisement526 1980-07-31 16 EVERGREEN LINE FAR [AST TUROPf [XPRFSS PULL CONTAINFR SfRVICE ACCEPTMG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP. LE HAVRE ALSO ACCEPTMG CARGO FOR: INTED KMGOOM SOUTHAMPTON. LONDON. MANCHESTER. HRMMGHAM. BfOSTOL. LIVERPOOL. GLASGOW. LEEDS. WEST GERMANY HOLLAND AMSTERDAM Em Lady 13 km 7hpl liM IIM Emm nkm us* MM US* US* us*526 words
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Advertisement868 1980-07-31 16 Everett Lines Burin Frn Star Sbippiaf C*rpn. "BURMESE NATIONAL LINE LOAHNG FOR RANGOON BOUSTEAD SHPHNG NOS KL *****2/*****9 Nmmiia iMtimii—H 5. A. C.I.F. J "ARGENTINE NATIONAL LINE" -in. i :<■ a. k r y y V K y V\ S'pMre 15/16 Am( VmA TrmHrtMM ftbrrtima Mcxicana S. A. "MEXICAN NATIONAL868 words
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Advertisement512 1980-07-31 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE Smart P. Ma* Leadag far K 5/C Aaat 7/1 Aug SYD, MD. BANGLADESH SERVICE 25/25 Aug CWTTA6ON6. JAPAN/STRAITS SERVICE CORTMnBOO MB AGENTS P. SPGAPORE TQ *****44/7 I 22R1371 i. URMR ia 4MM4. 4MTSI OCEAN SWPNG STORE TIL 22*1144/7 MLAfS CONTMMER512 words
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Page 17 Advertisements
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Advertisement1027 1980-07-31 17 L PIL GROUP EAST AFRICA/BEDSEA SERVICE n/15 «m Imtmltr. Darts Satan. Mont MM. Port Sudan ON EJ S**M. Momotst ttfi ijai d .ti ffint w* l ron mm Oar Es Salaam. COLOMBO/KARACHI/P. GULF SERVICE KOTA AGUNG In ft/ 2 Aug Dubai Kuwait Karadi KOTA BERAN 90/3 Sept Karachi. Dubai. Kuwait1,027 words
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Advertisement782 1980-07-31 17 ll I II ll BEN LINE CONTAINERS dwess contmpb soma to/from am iwpHtm ktrnm tdTiinJ Spara P hk> M 14/1 a/i zz/t a/i a/i v» VI 12/9 raw rm»«w «m ha*e son* i—i)/ /WstniAahwy FimMIU. a/« a/i m/i a/i a/i a/i a/t wi 1/9 a/i a/i 2/9 a/i v» «/f782 words
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Advertisement634 1980-07-31 17 mmm e Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE TO M£DAiK/WKj Zrts I OMCM J/Mi rtwu !«MM >MHJ> 17/5* kmc* 23/1 DM* Jl/I tPOMCA ,Kf »2 mmm 22 *52 M M M jvj v» M M 1M "M *2 w m iw "2 a/i a/i aa V* a/* aa aa634 words
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Advertisement484 1980-07-31 17 BOUSTEAD SHIPPING AGENCIES' X* BANK LINE FOR REUNON SOUTH AFRICA kuantan r lf eta Rewmn Durban Capetown PtEta beaverbank 19-21/1 22-26/1 4/9 10/9 17/9 20/9 (ate accept** East London and cargo) Lines U.S. WEST COAST SERVICE •iTSh Lmfmm *Sm frucaco) T/S tia ROM (La** a*) Feeder ROW CTO Spwt ETD484 words
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Page 18 Advertisements
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Advertisement894 1980-07-31 18 ■1 m Kline KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA Evfcf Car fits iM icctptibk far Oakland. Vjactwcr. fMM, Hnstsn, Giviftoi, OHmm, TO EUROPE S'pofe P Ketang L.Htvrt R'dam H"bufg Bremen A'i MCEJM 6W 3/8 4/8 22/8 23/8 27/8 28/8 3C N GARNET 8/8 9/8 27/8 28/8894 words
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Advertisement497 1980-07-31 18 <33 5S cauforna/paceic north west soma EXPRESS CORTARKR/REEFER SERVICE Lm*( tar LOS INGBJS, SM FRANCISCO. SEATTLE. TACOBRL INCOMER BC fcMpfcj FO/ra cMkkn bumi, l Snppori L Mts Mhpl Iod lUMB ISM lIS* IS Od AUSTRALIA EXPRESS CONTAMER SERVICE REW ZEALAND SERVICE JAPAN SERVICE lM*| tar Ik*. Mt. Out*. Ikpn MMta*497 words
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Advertisement550 1980-07-31 18 > >1 I > SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCE AN Bull IiING SINGAPORE 0104 MARKETING *****2 '3 LINES! GENERAL *****1 *14 LINES' TERMINAL OFFICE *****83 TELE* HS ***** RS ***** A B CARSMIP CABLE CAHGOSHIP fOlOtl' (loiitaiiicr Lilies IN'«|iou»| WEEKLY CONTAINER SERVICE to/from BANGKOK JAOE BOUNTY JAOC550 words
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Advertisement579 1980-07-31 18 PGRANARD LINE INDEPENDENT ATTRACTIVE RATES ITERKANEAN SEA SEAVICE ACCEPTING CONTAINER CARGO PCI OSLY t PORT SAID. ALEXANDRIA. BEIRUT UUA. UMASSOL. ISTANBUL PIRAEUS tecially engaged agents stevedores providing immediate discharge m liTslt i V4IV l| Od i. BoM 4 UMk mti STMITS/EAST ASM SERVICE M.V. MM SMS V.3SC SfiJ I'it? HSJR579 words
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Advertisement708 1980-07-31 18 muiy n, t INTRfISEfI (PTE) LTD Faber House 234E Orchard Road 9 Telephone *****11'*****57 VOAA9XA-UW REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'para P. Kataag hmi Lm*m tar mmea. prosperity m K It km 22 Am UK (MOO/BOOLOGNE; CUM Agents Sngapare MTRASEA (PTE) LTD 2352C11 BOOKMG *****57 KUnpar- TO) 9VPM6708 words
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Page 19 Advertisements
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Advertisement498 1980-07-31 19 NOL NEPTUNE ORIENT UNES LTD TO EUROPE/UK (VIA SUEZ): K. JMXJR+. H GARNET— C. PAUL T* BRDGE.... C.MHE K. lACEWON.. MERCATOR Wso accepting cargo to/from Scandinavia K. JACDM S'pore Closing Times: r| Bnm A'w«p 8 28/8 30/8 9 2/9 4/9 9 8/9 11/9 9 13/9 15/9 9 21/9 24/9 9498 words
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Advertisement21 1980-07-31 19 NOTICE rrr t 3 ttm M r' v >♦) yfcwwt H■■ alaa IW T*» agwjapgtg V' 4* •it. ft. 1 w™rs *i#p21 words
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Page 20 Advertisements
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Advertisement392 1980-07-31 20 B3@®sa si®s9@ laass® km 35 HONG KONG STREET TEL: *****6,*****4 TELEX' R*****0 HONOINP REGULAR SERVICE SINGAPORE/WEST MALAYSIA/PORT LOUIS itasei ETA SWGAPORE ETA PORT HE LANG ETA PENANG MLV. "JOO WAIT 30/8/80 4/9/90 7/6/10 ETA PENANG ETA PORT KELANG ETA SMGAPORE M.V. "JOO CHUAN" 20/8/80 24/1/10 27/8/80 PALM OIL CARRIER REGULAR392 words
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Advertisement194 1980-07-31 20 South Pacific Islands Guam Satpan Rota Port Kaiang Penang Alexandria Port Said Aqaba Aden Hodetdah Enquiries A Bookings SEAROAD SERVICE PTE LTD Singapore *****88* P. Ketang *****6 a Panang ***** I K KARL AIDER (AUSTRALIA) PTY. LTD. Mnica Iran East P. Rata* Skraarr. HARPERS SMPPMS TaL *****00 PERMS-MSC TaL IV194 words
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Page 20 Miscellaneous
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Miscellaneous153 1980-07-31 20 M ::x ■S5 1 ■s" Off 24 li K 27 l w V'-: ■»>» RV 0 V'v. dL '•V LLii£ 10S SIGNIFICANT WEATHER ANO SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R, Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots 1141,1 Dew point °C Wave height Cloudy153 words
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