The Business Times, 16 October 1980
1980-10-16
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The Business Times
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Title Section11 1980-10-16 1 BUSINESS TIMES M.C.(P) No. 111/1/ M THURSDAY, OCTOBER If,lM 50 CENTS11 words
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BRIEFLY...
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Article65 1980-10-16 1 AFP JAKARTA, Wed. President Suharto has called for increased efforts to combat corruption in Indonesia following the discovery of obstacles in the current anti-graft campaign. The call was given to the State Minister for Development, Supervision and Environment, Dr Emil Salim, who conferred with Mr Suharto yesterdayAFP - 65 words
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Article53 1980-10-16 1 NEW DELHI, Wed. A one-day, oppositionsupported strike against rising prices virtually shut down Bombay, India's commercial and financial centre. The Press Trust of India said shops closed, taxis and trucks stayed off the streets and most employees did not go to work, adversely affecting business in the53 words
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Article63 1980-10-16 1 Reuter TOKYO, Wed. Honda Motors, Japan's thirdlargest vehicle manufacturer, said it plans to boost its car and motorcycle exports by nearly 23 per cent this year. Honda said that during the current business year which ends next February, its planned sales include exports of 693,000 carsReuter - 63 words
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Article69 1980-10-16 1 BEIJING, Wed. French President Valery Giscard d'Estaing arrived today for a week-long state visit during which he will make a big effort to boost Sino-French trade. He was met at the airport by Deputy Foreign Minister Han Kehua, formerly Chinese Ambassador in Paris. Han took the president straight69 words
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Article54 1980-10-16 1 AP BEIJING, Wed. More than 90 students have staged a hunger strike and sit-in at government offices in Hunan province to protest the forced withdrawal of a candidate opposed to Marxism. Sources said 80 students from Hunan normal college in Changsha in southern China have been onAP - 54 words
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Article48 1980-10-16 1 Reuter JAKARTA, Wed. No foreign fishing boats will be allowed to operate within Indonesia's 200-mile exclusive economic zone without prior licence from the government, it said today. A foreign ministry announcement said the new regulation will come into effect on November 18 until further notice. ReuterReuter - 48 words
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Article60 1980-10-16 1 UPI BELFAST, Wed. Gunmen shot to death the Protestant founder of an extreme leftist party and another party member today in a dawn attack in West Belfast, police said. The three attackers killed Mr Ronnie Bunting, founder of the Irish Republican Socialist Party and a former member ofUPI - 60 words
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Article74 1980-10-16 1 NEW YORK, Wed. The stock market edged upwards in a replay of yesterday's advance. The Dow Jones average of 30 industrials gained 1.37 points to 963.57 in the first half-hour. Gainers took a slight lead over losers among New York Stock Exchange-listed issues. The topic on Wall Street74 words
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Article146 1980-10-16 1 Rises Indices G I Hldga Tronoh Mine* Rahman Hyd Magnum Corpn Sungei Besi Petaling Strnits Trading Austral Amal O C B C PMC Ialand ft Pen Hong Leong Ind Paper Products Sel Properties Nat Iron 660 1990 1650 1480 1300 1800 780 1480 1150 1140 740 310146 words
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Article, Illustration158 1980-10-16 1 Rises Indices 4300 150 Oct 14 Oct 15 Gopeng Con B.T. Index: *****.*****73.81 Petaling (T) 1890 130 Industrials: 726.42 742.74 Tronoh 2000 100 Finance: 1054.86 1061.00 Hong Kong Tin 2200 100 Hotels: 391.08 391.67 Magnum 1480 +90 Properties: 588.63 602.60 PMC 1170 +70 Tins: 482.28 494.57 A Hi158 words
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613 1980-10-16 1 RONNIE LIM - FOR DOMESTIC REQUIREMENTS By RONNIE LIM Chief Reporter THE Government has entered the international crude oil market for the first time to secure supplies to meet Singapore's domestic requirements. It has purchased 200,000 tonnes of Arab light crude valued at about US$44 million for delivery613 words
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Article263 1980-10-16 1 DISCUSSIONS between the United States and Singapore to work out an adequate control system to reduce the possibility of future discrepancies in jeans export figures will begin within the next few days. A four-man US team will arrive in the Republic tomorrow to meet officials263 words
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421 1980-10-16 1 FOO CHOY PENG - By FOO CHOY PENG ECONOMIC relations between Singapore and Burma will be boosted when a top-level Burmese government trade delegation arrives in the Republic in ten days' time. The mission is scheduled to fly in from Rangoon on Oct 26 for a week's visit421 words
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Article372 1980-10-16 1 ONLY two petroleum companies qualified for the Government's rebate incentive scheme. The scheme, to encourage a bigger supply of diesel at the pumps, was introduced because of an acute shortage of diesel in September last year. Shell and another large oil company were given a rebate372 words
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278 1980-10-16 1 THE TENDENCY af the laeal aUek market to mave la taadem with Its caaatorpart la Htagktag raked ap balllah seattmeat which aeat share prices rtslag acraas the beard yeatorday. The Straits Tines ladaatrtal Mei Jamped by U pelats to etoae at Wil. lUs278 words
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506 1980-10-16 1 ALVIN TAY - By ALVIN TAY OVERNIGHT rates in the interbank market for Singapore dollars skyrocketed to 50 per cent yesterday as some banks, including several local banks, were caught short of funds. The high interbank rates caused the US dollar to drop by one cent against506 words
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Page 1 Advertisements
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Advertisement11 1980-10-16 1 Singapore's Business World at your fingertips The Straits Times of Singapore11 words
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Advertisement43 1980-10-16 1 THOMAS ROBERT 1? W ■>* 1 m THOMAS ROBERT PRESENTS THEIR WING ON JEWELLERS' BLOCK POLICY. THOMAS-ROBERT (S) PTE LTD Head Office Suite 2508 Internationa' Plaza Anson Road Singapore 02C? Tel 2217>37 Suite 456 457 4th Floor Peninsula Plaza. Singapore 061 7 Tel *****043 words
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Advertisement53 1980-10-16 1 '+|'{,?{(_)@([`*.=.<;":/;-?-^`- I SHIPPING TIMES AUSTRALIAN cempaaies PART-TIME emptoymeat eaa be tienUive I INTERESTED ii expwtiic to FraaeeT l CARTER'S ptaM tor Americans Hvtig >>«>< 5 SOMETHING mew fear-year FRCD*......— t PRICE ef eil may reach USfIM a barrel... 12 AIRCRAFT L TV AND RADIO t, CROSSWORD < WHERE TO WINE53 words
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Advertisement10 1980-10-16 1 Leader ...page I 1819 Discoverwhat itwas like. Now > 0 v10 words
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TRADE AND INDUSTRY
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Article307 1980-10-16 2 HSUNG BEE HWA - By HSUNG BEE HWA AT LEAST 25 trade delegations from France will be visiting Singapore next year. Mr Jean-Philippe Quercy, commercial counsellor for the French Embassy, said there is much scope for cooperation between the two countries. So far, 13 delegations have visited Singapore307 words
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Article, Illustration59 1980-10-16 2 PERKINS Engines is making efforts to promote its four-cylinder diesel engines for cruisers and yatchs. The 1.7-litre Perkins 4.108 engines are suitable for small cruisers as well as auxiliary power units in ocean-going yachts. The new 4.108 engine has new lightweight reverse-reduction gearbox which reduces the59 words
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Article210 1980-10-16 2 TRADE protectionism in developed countries will continue but it will not hurt Third World economies. This is because there will unlikely be concerted effort among developed countries to enforce drastic measures which will hurt exports of developing world. Additionally, the resilience of South-east Asian economies will210 words
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291 1980-10-16 2 AN American trade delegation and representatives from a group of Australian companies will be in Singapore next week to study business prospects in Singapore. Both groups are interested in business in the electrical, electronics, engineering and telecommunications industries. Both groups are timing their visits291 words
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719 1980-10-16 2 RICHARD SEAH - By RICHARD SEAH THE temporary secretary has become an accepted fact but the idea of parttime employment for other workers remains largely unexploited. Manual workers, skilled technicians and even professionals are often required for temporary work and the "temporary help" agencies are just beginning to provide719 words
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Article207 1980-10-16 2 A GROUP of Swedish businessmen will be in Kuala Lumpur next week to explore possible joint ventures in the wood-based industry. The Charge d'Affaires of the Swedish Embassy, Mr Tommy Johansson, said the 15 industrialists, who are senior executives of prominent Swedish companies, are interested in207 words
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Article448 1980-10-16 2 SEMINARS AND COURSES Oct 8-17: Solar Turbines Training Seminar, Hyatt, Solar Turbines S'pore Oct 16-17: Finance for NonFinancial Managers, Shangri-La, Price Waterhouse Oct 16-17: Sales Training, Thong Teck Building, SIM Oct 16-17: Credit Management, Hilton, Acumen Credit Services Oct 17: Responsibility Accounting, Arthur Young A. Co Oct 18:448 words
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Article84 1980-10-16 2 FABRIQUE Ebel, a Swiss manufacturer of Ebel watches has appointed Coop International as its sole agent for Asean countries and the Far East. The current collection in Singapore are the Bicolour sports series of slim quartz watches. The models come in LBkt gold with stainless steel bracelet84 words
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Article, Illustration129 1980-10-16 2 CHASE Manhattan Bank has appointed Mr William Flaas as area director for Asia and the Pacific, headquartered in Hongkong. Mr Flanz replaces Mr Richard Higgerson who was recently named executive vice-president (or Institutional Banking and Financial Services Sectors, based in New York. Mr Flanz assumes his Asia-Pacific129 words
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Page 2 Advertisements
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Advertisement213 1980-10-16 2 The Philips difference Who else gives a demonstration tailor-made to your specific office needs? This is the type of thinking that took Philips to a clear number one in Word Processors in the United Kingdom and Canada. Sure, any company can demonstrate what their Word Processors can do. But what213 words
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REGIONAL
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Article, Illustration73 1980-10-16 3 THIS Japanese model appears wired to the sound of music as she listens to the recorded mnslc at the Japan Electronics Show and Audio Fair which opened on Tuesday in Tokyo. Hie helmet provides stereo sound through two unobtrusive earphones. The wires, relays, coils andSource: AP Photo - 73 words
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373 1980-10-16 3 UPI A GROUP of Japanese commodity traders will form a Tokyo-based market to trade futures and physical gold, platinum and white gold early next year. International relations manager Yoshihiro Kitazawa of Ace Asian (HK) said the group hopes to begin trading on the plannedUPI - 373 words
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Article108 1980-10-16 3 Reuter INDIA will spend about US$4OO million to double to 12 million tonnes in two years the crude oil production of its Bombay High offshore wells. The spokesman said the government had sanctioned 3,050 million rupees to raise to 12 million tonnes by mid--1962 BombayReuter - 108 words
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184 1980-10-16 3 AP CHINA has joined in international agreements aimed at stopping the hijacking of aircraft. The official Xinhua news agency reported on Tuesday China's accession to the 1970 Convention for the Suppression of Unlawful Seizure of Aircraft and the 1971 Convention for Suppression ofAP - 184 words
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THE REGION IN BRIEF
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Article530 1980-10-16 3 Agencies PRESIDENT Suharto of Indonesia will visit India and Pakistan at the end of November, diplomatic sources said in Jakarta yesterday. Mr Suharto had postponed the trip to India earlier this year after Prime Minister Indira Gandhi's government decided to recognise the Vietnamese-backed Heng Samrin governmentAgencies - 530 words
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453 1980-10-16 3 UPI A REFERENDUM will be held in South Korea on Oct 22 to decide whether to adopt a new constitution that could pave the way for a peaceful transfer of presidential power. The announcement said 20 million South Korean voters, 54 perUPI - 453 words
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247 1980-10-16 3 AFP A GROUP of visiting British businessmen are looking for opportunities to produce electronic and automotive parts in Malaysia's free trade zones for re-export to Britain. The leader of an 18-mem-ber trade mission from the Birmingham Chamber of Commerce and Industry, MrAFP - 247 words
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844 1980-10-16 3 Reuter AMERICAN bankers have apparently lowered (heir expectations about doing business with China. The Federal Reserve Bank of San Francisco, in a report about China, said the "earlier euphoria about lending prospects has passed." The report said only a few banks have gained aReuter - 844 words
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Article259 1980-10-16 3 Reuter WITH only three days to go before Australia's general election, two opinion polls published yesterday showed the opposition Labour Party with enough support to win power. One of the polls, published in two leading newspapers, was taken last weekend and the other in theReuter - 259 words
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146 1980-10-16 3 Reuter JAPANESE Foreign Minister Masayoshi I to plans to visit Western Europe in December to cement bilateral ties and coordinate views on economic sanctions against the Soviet Union. Foreign ministry sources in Tokyo yesterday said Mr Ito is likely to visit Paris, London, BonnReuter - 146 words
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Page 3 Advertisements
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Advertisement26 1980-10-16 3 Hjjrt jiij vi« f V S/.. mmmwSm /iii'} '< Jln't' f'l w ■> !>"'•lit?:!"', v In ihi' !u\i\h curt jru! >/ t i/'u niinn •>< \ljnhi u \<>rman jntl> nilr^rtu26 words
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RAW MATERIALS
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Article321 1980-10-16 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.08, 100 per cent second class 0.95, 100 per cent third class 0.93, 25 per cent new crop no stock, B-10 per cent 0.80. THAI BROKEN: A-super 0.72, Special 0.68.321 words
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Article151 1980-10-16 4 Reuter NEGOTIATIONS are under way for Malaysia to buy 280,000 tonnes of rice from Thailand on a government-to-government basis. An official of the Thai commerce ministry said that of this 80,000 tonnes would be for delivery this year and the rest next year. Negotiations are expectedReuter - 151 words
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Article193 1980-10-16 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattea yara: China Blue Phoenix 20s 2,100; 32s 2,700, 40s 2,910 (per bale of 400 lbs). Piece gee*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article271 1980-10-16 4 OPENING quotations on the Singapore rubber market yesterday were marked down sharply by (our cents following weaker overnight London advices and then eased further on stale bull releases and some speculative selling. Some short-covering was evident at the lows, helping to check the decline. The morning session closed easier271 words
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Article301 1980-10-16 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 294.50 295.50N Int. 1 R.S.S. November 237.50 298.00 Int. 1 R.SS. December 302.25 302.75 Int. 2 R.S.S. 282.50 283.S0N UK/Coat 281.50 282.50N Int. 3 R.S S 279.50 2B0.50N UK/Coot 278.50 279.50N301 words
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Article109 1980-10-16 4 NOON SSI t and SMR pricw ym» laniay: KAS SSR 30 SSR50 HK1LB (1-ton pall*) (1-ton pailoO Novaa ICumi ■IfOT 1 254 00 261.00 •bar I Mtk) iolioro 256 00N 253.00N Daeoabar (Forward Mtk) Biytn gallon ***** 267.00N 262.00 254.00N SMRCV SMR L SMRS SMR CP SMR109 words
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Article39 1980-10-16 4 Rubber: Oct 15 Singapore: Nov: 298.50 cents (down 3.50 cents) Malaysia: Nov: 303.50 cents (down 2.00 cents) Tin: M 52,117 (up $12) (equivalent to $35.00 per kilo) (up 19 cents) Official offering: 173 tonnes (up 15 tonnes)39 words
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Article79 1980-10-16 4 THE STRAITS tta price ia Peitag yesterday rese aaether M|l2 a pica! to (SSMI a Idle), still $28 betow the litwiifiml Tin AgreenMt ceiling. The market raled firmer m eeatlaaed baying pert (rem US, Earepeaa aid leeal eperators eeapM with higher Leadea advices sa Taesiay despite slightly larger79 words
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228 1980-10-16 4 Reuter WORLD tin supplies should be in small surplus during 1980, according to latest estimates of production and consumption given to the International Tin Council (ITC) Statistics Committee. FTC delegates in London said the committee placed surplus production this year at about 2,500 tonnesReuter - 228 words
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Article97 1980-10-16 4 Reuter AMERICAN Soybean Association (ASA) president Frank Ray has sent a cable to President Carter expressing the association's opposition to the inclusion of soybeans in any bi-lateral trade agreement with China. The ASA prefers allowing the free market system to determine the price and exportReuter - 97 words
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Article171 1980-10-16 4 CHINEBE PwiM» Exehaage, Wagapre, cfctiag prim per IN kg yesterday: f'nwl aii: Bulk fob 130.00 sellers, old drum (in second hand drum) fob <130.00 sellers, drum fob SIX 50 sellers. Cspr»: Mixed (loose) $71.00 buyers. Pepper: Muntok white pepper fob Asta NLW $425.00 sellers, Sarawak white pepper faq171 words
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Article221 1980-10-16 4 CHICAGO soybean futures ended near the middle of a 13-cent range, up nine US cents a bushel to down 7y« cents. Only the two most deferred contracts settled with losses. Carryover local shortcovering and computer fund buying in response to the USDA's reduced soybean crop estimate pushed most contracts221 words
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Article180 1980-10-16 4 WHEAT futures in Chicago on" Tuesday closed 6V« to five US cents a bushel lower, near the middle to low side of an eight-cent range. Local liquidation following Monday's overbought condition pressured prices from the start, traders said. Forecasts of increased precipitation in western US winter wheat crop areas180 words
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Article736 1980-10-16 4 COFFEE: Robusta futures yesterday gained £7 to £17 in a morning volume of 1,685 lots. The market opened slightly higher and moved ahead on more constructive charts and nearby technical tightness. Dealers said market talk Colombia is well sold for the current quarter, particularly to the US and736 words
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Article123 1980-10-16 4 THE MALAYSIAN palm oil market yesterday fell on lack of buying interest in quiet trading, dealers said. In October, November and December, the Central region slipped to $735, $750 and $775 a tonne respectively while in January, it fell $25.5 to $795. The refined market was featureless on123 words
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ASIAN STOCKS
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Article741 1980-10-16 4 TOKYO LOOKING only superficially at the fluctuation of the Nikei Dow Jones Average, the Tokyo stock market appeared as if stuck in the high-price zone yesterday. However, the internal sentiment was pretty aggressive, now that the signs of regrowth of the non-resident investors' purchases741 words
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Article305 1980-10-16 4 THE MARKET opened strong yesterday, taking its cue from Tuesday afternoon's encouraging strength. Buying was concentrated on second and third liners such as Trafalgar, but after their quick initial rise no further buying appeared to sustain the gains. Afternoon trading was hectic with the focus remaining on the blue305 words
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Article295 1980-10-16 4 TRADING fell sharply yesterday as traders reacted to pre-election opinion polls showing Labour with varying leads over the ruling coalition, brokers said. Prices took one of the heaviest (alls of the year at the opening bell after the release of an opinion poll which showed Labour with a 54295 words
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Article250 1980-10-16 4 STOCKS eased in generally quiet trading yesterday, dealer said. Saha Union fell one baht to 176, Jalaprathan Cement one to 101, Siam Cement two to 246 and First Trust 0.50 to 49. OCT IS Bahu Am* Credit 11» •1 Alii Fibre 107 >1 Ayuthaya In*. And Trust W unch250 words
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Article148 1980-10-16 4 STOCKS closed mixed yesterday, with oils weaker and commercial, industrial and mining shares firm. Turnover fell from 3.4 million to 2.9 million pesos, dealers said. Gainers were Atlas Con B, Lepanto B, Philex B, Ist Phil Hldgs and San Miguel B. PLOT eased while the rest were unchanged or148 words
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Article51 1980-10-16 4 FINANCIAL TIMES INDUSTRIALS Tuesday 477.4 Monday 472.4 Week Ago 483.3 DOW JONE8 AVERAGE INDUSTRIALS Tuesday 962-20 Monday 960.90 Week Ago 980.67 H.K.HANG SENG Wednesday 1404,00 Tuesday 1304.83 Week Ago 1318.4« SYDNEY INDUSTRIALS Wednesday 708.86 Tuesday 71C20 Week Ago. 703-37 ALL ORDINARIE8 Wednesday 968.27 Tuesday 987« Week Ago 94*51 words
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Page 4 Advertisements
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Advertisement90 1980-10-16 4 A most exciting montage traditional and contemporary, creative and romantic, in summer or winter. From sunny beaches to adventurous Alpine ski trails. Art and fashion. Sidewalk cafes and the 0 most exciting nights in the world. Go there with UTA French Airlines. Or if a longer sojourn is desired, there90 words
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OVERSEAS
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449 1980-10-16 5 AP PRESIDENT Jimmy Carter has promised nearly three million Americans living abroad that he will try to help them with their taxes, to get them medical care in their old age and to see that children of mixed marriages can get US citizenship more easily.AP - 449 words
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Article, Illustration38 1980-10-16 5 UPI After four days of rescue operations after the disaster, civilians and Algerian soldiers continue to dig the rains of El Asnam destroyed by earthquake but hopes for victims buried in the wreckage waned. UPIUPI - 38 words
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349 1980-10-16 5 Reuter THREE thousand bodies have been recovered from the ruins of the ill-fated Algerian city of El Asnam, devastated by an earthquake for the second time in 26 years, a local official said. Hopes of finding survivors faded with the stench rising fromReuter - 349 words
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221 1980-10-16 5 UPI PRESIDENT Leonid Brezhnev, alarmed at the low level of relations with the US since the Afghan invasion, told a visiting American businessman on Tuesday that relations had to improve or there would be a growing risk of war. "Brezhnev said he felt thereUPI - 221 words
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Article773 1980-10-16 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL SIA/BA SQ/BA17 0715 LHR/BAH SIA SQ580 0710 MAA MAS MH621 0835 PEN SIA SQ101 0615 KUL RBA BI421 0930 BWN MAS MH671 0930 PEN/KUL MAS MH605 1000 KUL SIA SQ211 1000 HLP SU SQ103 1000 KUL773 words
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237 1980-10-16 5 AP BRITISH labour union leaders warned on Tuesday that mushrooming anger over the Conservative government's controversial economic policies could trigger violence if Prime Minister Margaret Thatcher does not do something to reduce unemployment. David Basnett, chairman of the influential economic committee of theAP - 237 words
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414 1980-10-16 5 AP SEAN Macßride, chairman of a controversial commission on global communications, issued a sharp warning on Tuesday against the growing "danger" of government meddling with the press. "Because of the influence of public opinion, and the mass media, there is bound to be effortsAP - 414 words
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Article228 1980-10-16 5 Reuter ROY Jenkins, president of the Common Market commission, on Tuesday defended the commission's decision to seek control of the EEC steel industry after what he called a damaging and futile price war between producers. The commission will take full control of prices and production inReuter - 228 words
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268 1980-10-16 5 Reuter ISRAEL and Egypt have moved closer on a number of issues related to eventual self-rule for Palestinians in the resumed autonomy talks which got under way again on Tuesday, US officials said. They cautioned that an early accord was not inReuter - 268 words
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WORLD IN BRIEF
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Article496 1980-10-16 5 Agencies THE West German federal government ran a surplus of 2.62 billion marks in September, narrowing the deficit in the first nine months to 22.49 billion, the Bundesbank said. In its monthly report, the central bank noted the federal deficit still stood about five billion marks higher thanAgencies - 496 words
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Page 5 Advertisements
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Advertisement208 1980-10-16 5 AMERICAN! ■EXRRESS When you are a leading multinational in Singapore, only the best paper for your stationery will do. conqueror The right choice of business stationery can make a vital contribution to your company image. And over the years Conqueror has established itself throughout the world as a truly unique208 words
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Article456 1980-10-16 6 THE FACT that interbank overnight rates for local dollars rose to as high as 50 per cent yesterday is not by itself an event much divorced from the usual. Many times previously, temporary shortages of funds have driven rates to this level if not higher.456 words
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210 1980-10-16 6 IT IS UNLIKELY that many expatriate Americans of the Reagan camp will be so swayed by Carter's promise to lighten their tax load that they will decide to switch loyalties come polling day. Only the most politically naive or the most optimistic of210 words
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Article1112 1980-10-16 6 IAN STEELE - MNCs' EXPLOITATION A report at the UN has suggested that Asian governments, in their bid to attract foreign investors, have allowed multinationals to exploit their labour force. LAN STEELE, in the following two articles, analyses the situation. IAN STEELE IN 1977 the Zenith Radio Corporation of1,112 words
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Article, Illustration803 1980-10-16 6 Depthnews IN A REPORT Linda Y C Lim of Michigan University's Department of Economics suggests that in most Asian countries, workers' rights have been squandered in regional bidding for labour-intensive foreign industries. Governments and their workers are also being sold short by industrial bargainingDepthnews - 803 words
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Page 6 Advertisements
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Advertisement93 1980-10-16 6 Bank of America shows more interest in your Fixed Deposits. 101/4/p.a. for 1 month minimum deposit SSIO,OOO for 6 months minimum deposit 552.500 10*2p.a. for 3 months minimum deposit SSIO.OOO 9V2/fp.a. for 9 months and 12 months minimum deposit 552.500 Singapore Branch: Clifford Centre, 24 Raffles Place. Tel: *****2 Shaw93 words
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Page 6 Miscellaneous
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Miscellaneous1393 1980-10-16 6 Music, comedy and love NOTHING Jut 9* MWI that re»<y for light eatertaiamoit Let'* start mB with The Mappet Skew wUefe to I at 7. by Ms girl trtemd, aad a nrprtH tarns mr wtmu whs toi km JUted wife, instead sf sha by her toihiwl ti he Evea excitement,1,393 words
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Article591 1980-10-16 7 FT BL's STRATEGY for the 1980s is to treat the EEC as its "home" market. Only in that way will it remain a sizeable car business and retain its independence, while operating from a UK base and helping to preserve a viable British components industry.FT - 591 words
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881 1980-10-16 7 MICHAEL LAFFERTY - FOBUHi with MICHAEL LAFFERTY FT MULTINATIONAL and large national companies operating in the European Community will have to provide their employees with a considerable volume of information about their activities under the provisions of a draft EEC directive released recently. The proposal has theFT - 881 words
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Article, Illustration1394 1980-10-16 7 KENNETH GOODING - The success of the Metro, just launched, is not enough to f bring about the recovery of BL. Strategic decisions are still being taken j- to keep in line with short-term financial objectives set by the seemingly reluctant British government. KENNETH GOODING examinesFT - 1,394 words
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Article, Illustration1368 1980-10-16 7 FT ROLLS-ROYCE Motors has launched its new "family" of cars led by the Silver Spirit, which will cost £49,629 in the UK, up 18.27 per cent from the Silver Shadow model it replaces. The new cars were developed over five years at a cost of £50 million. WithFT - 1,368 words
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Page 7 Advertisements
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Advertisement114 1980-10-16 7 I [t •TT2 V f! KT •a* •>: V Aeroflot operates 3-weekly flights from Singapore to Europe on Mondays, Wednesdays and Fridays via Delhi and Moscow. Your stop-over in Moscow is the beginning of your bonus Russian Holiday. SEE... MOSCOW the capital of the world s first socialist state and114 words
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Page 7 Miscellaneous
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Miscellaneous30 1980-10-16 7 BliStoW: Ynnk Di ckenS GlVe SP»ooe Tms insist GeNTuo^eN. V.NO TIGMTiNG, VkXD \T' N/ou ve T 8, PDPras, NCXJR IMSPCCToRS ojp*_LeT pkuoto RRMS CANT6£N GOOD J VFOOD Gu'Pe VWT jiird30 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article154 1980-10-16 8 IX*T 14 r\s A UN ***** 2.5 72 80 Afczo 20 50 0.3 AUKV 91 10 Amrobnk 67 10 09 35 00 0.5 70 00 BoU 59 50 0.1 228 50 -75 6590 07 HtfiiKorr 47 00 0 7 28 30 1.3 r.Uvf Drift ***** 3 iMii MIJ 71154 words
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Article285 1980-10-16 8 OCT 14 ft* CORBE1LLE Air-Liquide 505 20 B S N Gervais l)anonp 1017 13 C S K < Thomson Csf) 472 7 C> Francai.se dn Peiroles 223 50 0.5 C'ompagnie Financiers C'ompagnie Gpncrale 366 1 Cr«dil Foncier De France 450 5 H ache tie (Librairie) 284 90 3.4 Machines285 words
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Article82 1980-10-16 8 OCT 14 Frs FORWARD MARKET Ac«*c 291 I Arbrd 1372 -8 Astur 370 •10 Bra.vran 926 6 Bru-Lamb 1000 unch Can par 1264 18 Cock 220 3 I> Beers 35® -3 Ebes 1750 •20 Electrobel 5330 -60 Gb-Inno-Bin 2145 -30 Gev 1250 8 Hobo* 2620 -30 Petro 5340 *8082 words
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Article224 1980-10-16 8 OCT 14 Dm Arg-Telef unlcen 8120 unch Akzo 1890 01 Alii Leben UOO 00 100 AIU Vers +60 00 unch BASK 130 20 -28 Bay H T WOank 259 10 B.i> Ybank 314 0U •1 -09 Bayer 111 80 BBC 289 70 -0J BMW 170 50 -1 Cauflla 325224 words
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Article188 1980-10-16 8 OCT 14 1 Krancs Act WWII HvMM 297 unch Alusuisse Br 1275 45 Alusuissr Reg 464 2 Brown Boveri Br 1645 -10 Ciha Ofij) Br 1035 unch t'lba (ieigy P C 810 •10 Ciha tirigy Reg 577 -I Credit Suisse Br 2610 10 Credit 8uiw Rrf 437 •1 Mektrowatt188 words
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Article106 1980-10-16 8 OCT 14 Lire An* 9 -0 1 Assoc Gen H4990 1K90 Basiogi 642 5 Central* ***** 320 Kut 2389 41 h insider 82 -325 (ien Immob 2130 •38 V| Pri 4120 49 lUlcempnU ***** •♦635 I taigas 1400 •14 llalsider 335 unch Magneti M PI 535 unch Marelli Err106 words
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Article212 1980-10-16 8 OCT 14 C* Abidbi 22 Mm 42 Allodia 41 4 Bank Mont 28 -i Bunk Nova Scolia 31 Bell Tel 18 Beth Corp Bl* I an Lid 43 Bra>* an 3T» V Camp Red Luke 88 •1 Can Imp Bk 2b Canpac 50 unch Canpac Inv Pf 19 CaflMg212 words
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Article296 1980-10-16 8 (XT M Hand INDUSTRIALS A Alpha 390 .5 Alxrrum 375 AK And CI 930 20 A MIC 2400 Barlows 1160 unch l'l Sugar ***** t'NA 630 10 Currw Kinancr 250 unch Up B*rrs Ind Edcon 6706 Edgars 8700B unch Eveready Krd Volk 510 unch Kugil 235 11 Gardian Oirnanl296 words
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Page 8 Advertisements
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Advertisement674 1980-10-16 8 See Page 4 for Asian stocks and Page 9 for NYSE prices. Where to wine, dine and entertain Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY-THURSDAY (except public holidays and holiday-eves). For full674 words
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Advertisement259 1980-10-16 8 What better place to enjoy a banquet? The Dragon Palace Restaurant is spacious enough to accommodate 450 people in comfort, catering tor business functions and wedding part its Of course, if you can think of another reason for celebrating we'll give you the banquet of a lifetime 1 And if259 words
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1232 1980-10-16 9 NEW YORK STOCKS STOCK prices on the New York market on Tuesday closed higher in heavy trading but profit-taking trimmed the gain late in the day. The Dow Jones industrial average added two points and advances led declines eight to seven as volume swelled1,232 words
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BANKING AND FINANCE
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238 1980-10-16 9 Reuter THE Japanese Finance Ministry is easing its guidelines to permit larger participation of Japanese banks in international syndicated loans to facilitate the recycling of petrodollars to nonoil producing countries, banking sources in Tokyo said. In the past Japanese banks were required to limit theirReuter - 238 words
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Article, Illustration83 1980-10-16 9 ABOUT 2,000 applications for the American Express-United Malayan Banking Corporation (UMBC) Gold Card have been received since the launch of the Ringgit Gold Card in May. Tunku Dato Shahrtman, chairman of UMBC, received an American Express gold card plaque from Mr Don McCrickard, American Express83 words
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219 1980-10-16 9 Bernama KUALA Lumpur is fast developing into an important insurance centre in the Asean region, the president of the Life Insurance Association of Malaysia, Datuk N A Kularajah, said yesterday. The head of the Malaysian delegation to the five-day 10th East Asian Insurance Congress inBernama - 219 words
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423 1980-10-16 9 RUTH CHENG - By RUTH CHENG FOUR-YEAR floating rate certificates of deposit (FRCDb) were introduced for the first time in the Asian dollar market last week by this year's most prolific borrower the Bank of Tokyo. Carrying an interest rate of a quarter per cent above the423 words
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377 1980-10-16 9 SEVERAL commercial banks in Malaysia have now lowered the interest rates on fixed deposits, evidently confident they can now rely more on the interbank market (or their funding needs. The new rates have come after the sudden inflow of funds into the interbank money377 words
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Article94 1980-10-16 9 MR TAN Kin Lian, general manager of NTUC Income, has been elected member of the executive committee of the International Cooperative Insurance Federation (ICIF) at its 1980 insurance conference held at Vienna, Austria on Oct 9 1980. This is the first time a representative from Singapore has been94 words
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Article208 1980-10-16 9 Reuter THE Asia-Pacific Bankers Club. Asia's version of the International Monetary Conference, has been organised with Bank of Tokyo presi- dent Yusuke Kashiwagi as *1 president, Mr Masao Fujio- ka, director of the Export- Import Bank of Japan, said. Fujioka, former interna-1' tional finance director ofReuter - 208 words
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MONEY AND EXCHANGES
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Article474 1980-10-16 9 FOREIGN banks were switching their holdings of US dollars into Singapore dollars yesterday as interest rates on the local money market soared to dizzying heights, resulting in a significantly lower US unit. From an opening of 2.0940/60 against the Singapore dollar, the US unit slipped in afternoon trading474 words
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Article237 1980-10-16 9 THE YEN remained firmly underpinned in early trading yesterday, opening at 206-55/70 to the dollar against the close in Tokyo of 207.10/207.30 and the New York finish of 206.75/85. Sterling continued to recover earlier losses in the Far East, opening here at U552.4062/67 against a late Hongkong quote of237 words
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Article22 1980-10-16 9 THE average rate al which major Singapore banks are currently prepared to lend to their beat customers is 12.1 per cent.22 words
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Article185 1980-10-16 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Oct 15: 7 days 1 month 2 months 3 months 6 months months 12 months U8 DolUr»<8potl Off.r Btd 13V. 13 Vk 12 i 12V. 1213/16 1211/16 13 Vk 13 13 Vk 13 12V. 12H 12H 12 SvJn. Dat185 words
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Article48 1980-10-16 9 RANGE of prima often id by dlscount houw an Oct 15: Overnight: 3% to TV.% Call deposits: 6H% to 7M% CWm 3-month MHag Treasury bills 7Vt 7 3-month Bank bills 12M 12* 3 months CD 12H 12* 0 months CD 12 A/16 127/16 Source: National Discount Co48 words
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Article69 1980-10-16 9 QUOTES on the Australia and New Zealand exchanges on Oct 15: AUSTRALIA: US dollar 1.1790/1.1742 Sterling 0 4917/0.4883 90-day airmail buying rates Sterling ***** US doOar 1.2380 90-day forward buying rates: Sterling 0 4954 US doUar 1.1*5 NEW ZEALAND: Reserve Bank mldrate US dollar 0.906 Trading Bank indications: US69 words
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Article43 1980-10-16 9 THE Monetary Authority of Singapore has invited banks and discount bouses to tender for a total of ISO million 91-day Treasury bills to be issued from Oct 21 to Oct 24. Each tender must not be for less than $250,000.43 words
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Article274 1980-10-16 9 SINGAPORE gold futures yesterday turned weaker in the afternoon on profit-tak-ing after a firmer opening, but the market still closed higher on balance compared with overnight levels. Trading was moderately active with total sales for the day recorded at 208 lots with interest mainly centred on December, February and274 words
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Article42 1980-10-16 9 Maa Mm New York 21 SOB 20 70B a ns a.oos Zurich 21.JOB a oob a tos a sos TN Singapore a «b iW 20 SOB a.sos 20 90S Closing prk la US dollar* troy ouno a. Source: Credit Suisse42 words
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Article163 1980-10-16 9 THE US dollar was narrowly mixed against major currencies in moderately active late trading yesterday. Business was most active against the deutschemark, with the US unit fluctuating between 1.8233 and 1.8203 marks, before settling at a late 1.8220/25, quote, slightly below the early 1.8223/3B and New York's close of163 words
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Article195 1980-10-16 9 THE US dollar for overnight delivery yesterday closed slightly firmer at 207.20 yen, compared with 207.00 both at the opening and at Tuesday's close. Trading was active but nervous with volume US$963 million. The dollar steadied at around 207.20 yen in light late trading on import covering and buying195 words
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Page 9 Advertisements
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Advertisement42 1980-10-16 9 r 1 (farming garaeii restaurant mm Don't miss the exotic dining experience of Chinese cuisine from Hunan Business Hours: Daily 11.30 am 2.30 pm 6.30 pm 10.30 pm 214 Dunearn Road Inn sn9 pore 29 -AG+A lIVJ N II I Tel *****49.*****2242 words
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Advertisement240 1980-10-16 9 IKE DEVELOPMENT BANK OF SINGAPORE LMHTED (Incorporated in the Republic of Singapore) Redemption of USS6OM 6 1 /2% Convertible Bonds 1991 BONDHOLDERS SHOULD ACT NOW The Development Bank of Singapore Limited has on 30 August 1980 served notice of its intention to redeem all its outstanding 6VWfe Convertible Bonds 1991.240 words
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1821 1980-10-16 10 BID and offer prices officially iteted and business in and reto the Stock Exchange of Singapore yesterday with Jkc number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL t COMMERCIAL C ACM (3.388)1,821 words
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Article166 1980-10-16 10 flNGAPOME UNIT TMJCT OUB-MONTAGL' (MllUlll'jrt— tar Oct H) (MiHW' prim tar Oet *> The Cnnimfrt* 2.97 3.12 Union Spore Fund 1.17 1.22 The Savings Fund IB 1.M INCOME BOND UNIT S pore Prog Fund 133 140xd (Carnal pr teas) S pore Sec. Fund 105 2.15 Income Bond 1.30166 words
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Article2749 1980-10-16 10 Gr'» Gr*s Net 1980 Last Div Div Y*M P/E Vol Day High Low Company Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 372 245 Acma 336 -2 15.0 28 4.4 135 8 338 336 276 220 Alcom 260 12.0 2.5 4.6 14.7 149 1162,749 words
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Article1892 1980-10-16 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. MHOTUAU3 A|mwM (3.405) Aleaa (2.SOS) xd Ala H«M (1.S0B) AOK (1.228) AMD1,892 words
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Article, Illustration751 1980-10-16 10 IT WAB mtfwr day of Nieeflve trading it the Siagaptn stock eiehugt yesterday with Interest toeased oa eertala Malaysianbased routers while sappert fer the popnlar chanters came ta saly dartag the last hear. Share prices epeaed ea a firm Mte hat proflt-taktag by eaatleas Investors751 words
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Article568 1980-10-16 10 BUYERS returned in strength to boost prices sharply higher at the Kuala Lumpur stock market yesterday, after almost a fortnight of cautious trading. Strong buying interest was discerned right from the start and prices advanced steadily to close around their day's best levels. The New568 words
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COMPANY NEWS
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Article, Illustration1803 1980-10-16 11 LOW LEE CHOO - By LOW LEE CHOO OSVAR Plantations, which set out to rescue the financially ailing Gula Perak, does not seem to be moving any closer to the task now that it is locked in with only 40 per cent stake in the company. Its1,803 words
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392 1980-10-16 11 THE expansionary Hong Leong Finance group yesterday announced an internal transfer of assets, which promises to boost Singapore Finance. Singapore Finance, which became a wholly-owned subsidiary of the group four months ago, is buying Hong Leong Co's freehold land and seven-storey office block392 words
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370 1980-10-16 11 HIGHER turnover at the group level enabled Negri Sembilan Oil Palms to offset the sharp drop in oil palm prices. Although profits at the parent company level were trimmed slightly, group pretax profits continued to increase by 9.6 per cent from 14.50370 words
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Article, Illustration647 1980-10-16 11 ■sacoaa SSGXSCU, HOCK LOCK SIEW AFTER some half-hearted attempts at regaining their composure of the not-too-distant past, the bulls are back again with a vengence. A combination of renewed demand and technical factors triggered another buying bout at the stock market yesterday bringing the ST Industrial index 12HOCK LOCK SIEW - 647 words
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Article127 1980-10-16 11 Reuter TRADING has been suspended in the Amoy Canning Corp (Hongkong), the Hongkong Stock Exchange said. On Sep 25 shareholders approved a scheme of arrangement whereby the company would become a subsidiary of Hang Lung Development Co. It is expected that a hearing of the petitionReuter - 127 words
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Article133 1980-10-16 11 D P profits up P EN ANG-based garment manufacturer Dragon and Phoenix has reported sharply higher earnings at the interim stage following improved demand for its products. Unaudited group trading profits for the first half-year ended June 30 jumped 34 per cent to $1.13 million apparently buoyed by better export133 words
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316 1980-10-16 11 HARRISONS Malaysian Estates has recorded significantly higher output in the first three months of its current financial year. But its earnings have not kept pace probably because of weakening prices for palm products. HME, an 80 per cent owned subsidiary of Harrisons and Crosfield,316 words
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Page 11 Advertisements
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Advertisement219 1980-10-16 11 i J jIl TO Why idle away your life and languish in poorly paid jobs with no future when you can move ahead with the RIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of the following courses and get just THAT QUALIFICATION! Institute of Administrative Management219 words
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Advertisement187 1980-10-16 11 PENGUINS are a Woman's best friend f it SHADOW OF THE MOON India, that vast, glittering, crual mysterious and sunbaked continent, it capturad hara in a spectacular romance by the author of The Far Pavilions. When India bursts into flaming hatred and bitter bloodshed during the dark days of the187 words
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Article585 1980-10-16 12 AP OIL PRICES could soar above US$lOO a barrel and spin the world economy into a financial crisis if the the war between Iran and Iraq leads to the closing of the Straits of Hormuz. But the US Congressional Research Service said if theAP - 585 words
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Article, Illustration293 1980-10-16 12 TEHERAN Radio has broadcast a report quoting the commander of Iran's navy as warning Persian Gulf states that if necessary Iran will mine the Gulf and the Straits of Hormuz. Iran will "strongly rebuke" Gulf states that sided with Iraq, it said. The report hadSource: UPI photo - 293 words
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Article819 1980-10-16 12 LONDON, Wed. Share prices and government bonds firmed following the exhaustion of the Exchequer 12 per cent 1996 tap stock. Leading industrials generally rose between 2p and 4p though ICI was down 2p to 328p, after 324p, following yesterday's announcement of the planned reorganisation of its fibres division.819 words
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178 1980-10-16 12 AFP FIVE British trade unions have written an open letter to Toshiba, the Japanese electronics group, asking for its help in saving the jobs of 2,700 employees of two British television factories under threat of closure. "If you invest in us, we willAFP - 178 words
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153 1980-10-16 12 Reuter UPI PRIME Minister Zenko Suzuki said monetary measures are needed to boost the slowing Japanese economy as it is difficult to increase fiscal expenditure at this stage, cabinet sources said. Mr Suzuki's statement, made at a meeting of government and ruling Liberal Democratic Party leaders,Reuter; UPI - 153 words
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545 1980-10-16 12 UPI CHINA'S willingness to reexamine tax rates on foreign investment is a genuine attempt to keep businessmen happy, Hongkong commercial sources say. It is also indicative of flexibility and learning on the part of the Chinese. They were reacting to the announcement by aUPI - 545 words
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247 1980-10-16 12 PHILIPPINE Tourism Minister Jose Aspiras yesterday said the forthcoming meeting of the American Society of Travel Agents (Asta) has taken on a new "political dimension" as a result of bombing threats made by Filipino oppositionists in Manila and in the United States. Mr Aspiras247 words
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Article383 1980-10-16 12 MALAYSIAN commercial banks in Johore were yesterday urged to help bumiputra land owners assert their ownership rights over land in the west Johore project area now occupied by others. Kulai assistant district officer Hamdan Yahya said without the help of banks many land owners would,383 words
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Page 12 Advertisements
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Advertisement191 1980-10-16 12 ADVERTISEMENT Mother Gets Big Reward What kind of man gives his wife a vacuum cleaner for her birthday? asks an advertisement for gold jewellery. Well it looks as if Singaporean husbands have read it and are getting the message. A leading woman's magazine recently interviewed housewives to find out why191 words
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Advertisement147 1980-10-16 12 The Ait of Negotiating the longest running, most widely attended negotiating seminar in the world The reason more than 55,000 people have attended this seminar can be summarised in one sentence THE NIERENBERG APPROACH TO WINNING NEGOTIATIONS WORKS. Some of the most experienced negotiators in the world from Corporate Presidents147 words
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Page 12 Miscellaneous
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Miscellaneous64 1980-10-16 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Cloudy with occasional showers in several areas. Report for 24 hoars prior to 7Jt p.m. on October 15 at the airport. Maximum temperature 28.6 Associated humidity 76 Minimum temperature 23.8 Associated humidity 96 Hours of sunshine 0.35 Rainfall in millimetres64 words
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SHIPPING TIMES
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Article621 1980-10-16 13 SfcippUg Liae C*i Adriatic IV 5 Afea VI 3 Afro-Eurasia vn 1 All trans VI 5 Alpac VI 5 Angkutan VI 4 ANL i 1 APL m 4/5 Archipelego vn 2 Argentine IV 4 ASCL m 1 Asia Merchant IV 2 Bangladesh Vffl 1 Bank Line V621 words
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536 1980-10-16 13 G DURAIRAJ - By G DURAIRAJ THE China Ocean Shipping Company (Cosco) has agreed to deploy an additional vessel on its semicontainer service to Europe to carry more Malaysian rubber uncommitted to the Far Eastern Freight Conference. The vessel, which is expected to join536 words
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PORTSIDES
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Article82 1980-10-16 13 A MAJOR Japanese shipbuilder has signed an agreement to cooperate in the modernisation of the Dairen shipyard in north-eastern China. Hitachi Shipbuilding and Engineering Co said the agreement was signed on Monday in the Chinese port city of Luda. Under the agreement, Hitachi will extend cooperation for building82 words
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Article81 1980-10-16 13 Reuter OPPOSITION political parties and trade unions in Bombay have called for an 18-hour strike on Tuesday in the western Indian state of Maharashtra to protest against rising prices and communal violence. Strike leaders said most port and dock workers' unions will join the strike. Strike leaders predictedReuter - 81 words
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Article126 1980-10-16 13 AP A PANAMANIAN freighter and a South Korea fishing boat ran aground at Kagoshima, southwestern Japan, early Tuesday morning, but all 41 crewmen aboard the two ships were reported safe, the Japanese Maritime Safety Agency said. The Panamanian-registered Sempor, skippered by Eduardo Alfousa and with a crew ofAP - 126 words
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309 1980-10-16 13 Reuter LLOYD'S of London is prepared to back an insurance syndicate set up by Arab countries to cover war risks in the Gulf. The Arab war risk syndicate was set up in July before the Gulf war after Lloyd's increased premiums on shipping inReuter - 309 words
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Article916 1980-10-16 14 RECEIVING OF EXPORT PCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vesael'8 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 following916 words
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Article1426 1980-10-16 14 FAIRLY active coal chartering at steady rates featured an otherwise rather quiet freight market with the lack of activity partly reflecting Tuesday's Columbus Day holiday in the US, brokers said. A 100,000 ton cargo of coal was covered from Richards Bay to Ensted, Denmark at 111 few Nov1,426 words
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407 1980-10-16 15 Reuter I Mi, new Suez Canal toll structure, which could impose increases of as much as 50 or GO per cent on small conventional dry cargo vessels, offers reductions of up to around 10 per cent in tolls charged to the largest tankers,Reuter - 407 words
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Article476 1980-10-16 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Agios Gerassimos (after Yue Man) 38/39 Barge O.C. 9 (1000) 18 North Centaur (Passenger) (1600 after Alioth sails A Ocean Esperance hauls) /9 Diny (0700 Pateverett) 29 Kota Mulia (0700) 12 Ocean Esperance (hauls 52 m West after Jalagodavari sails) 6/7 Perak476 words
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Article, Illustration259 1980-10-16 15 SEMBAWANG Tiwlag, a member ef the Sembawang Shipyard «roup, has embarked en a pngramme to mederaise Its fleet sf tag beats aad expaad aad diversify ita activities. It wili take delivery ef Ita leewd sew tag by the end ef this meath aad will259 words
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290 1980-10-16 15 THE UK shipping industry earns more revenue from shipping freight between other countries than from carrying UK imports and exports. The report in "British Business," the weekly journal published by the Departments of Trade and Industry, looks at the UK industry's international revenue290 words
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682 1980-10-16 15 AQABA, the bustling little Jordanian port at the northem tip of the Gulf of Aqaba is bracing for a crush resulting from the fighting between Iraq and Iran. The 43 ships anchored in the deep, blue water off the coast, or682 words
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Article190 1980-10-16 15 Reuter JAPAN'S first modem "sailship" has proven highly economical with its fuel cost nearly halved as compared with a conventional dieselengined ship of the same size, its developer in Kobe, Japan said. The semi-official Japan Machinery Development Association said the 699-ton tanker Shin Aitoku Maru rigged withReuter - 190 words
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2655 1980-10-16 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 of2,655 words
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Article785 1980-10-16 20 ALGESIA Annaba Early Oct, berthing delay of about 60-70 days for grain carriers. Oran Early Oct, berthing delay of about 50 days for grain vessels. Algiers A Skikda Early Oct, delays between 5-13 days. ANGOLA Luanda Early Oct, berthing delays of about 1 day. Lobito Early Oct, no785 words
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329 1980-10-16 20 THREE fast patrol boats fitted with waterjets to enable them to operate in very shallow waters, are being supplied to the Royal Brunei Malay Regiment by British boat builders Rotork Marine Ltd. The 12.6-metre boats have accommodation for four crew in the329 words
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Article164 1980-10-16 20 US ATLANTIC/Galf-Carib-beaa/Latla America: The Royal Netherlands Steamship Company has now added Antigua as a port of call to its existing line service from US Atlantic. Gulf and Florid prt to the Caribbean and Latin America. The KNSM company offers a new independent service from the second half of164 words
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Article1675 1980-10-16 20 The leading shipping lines operating from loeal ports and the agents who handle cargo bookings for them. A B Acklpelega R T Transportation (S). Adriatic Caatalaer Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK'PN). Atr*-Ev*«U Uae Transgroup Pte Ltd (S). Alfred1,675 words
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Page 13 Advertisements
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Advertisement338 1980-10-16 13 DA ORAMARD LIME INDEPENDENT-ATTRACTIVE RATES MEDITERRANEAN/EAST ASIA SERVICE ACCRUING CONTAINER CARGO FCL ONLY FOR: PORT SAID, ALEXANDRIA, BEIRUT, LATTAKIA, UMASSOL, ISTANBUL A PIRAEUS Specially engaged agents <£ stevedores providing immediate discharge. CHIUI SNimw UENCIES (S) PIE LIB. TEL *****77 |5 Lines) .1 KI)IM A\ I AM Orient Overseas Conlci*teA Line338 words
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Advertisement233 1980-10-16 13 HSEALORDH m 1 UASC UNITED ARAB SHIPPING CO (SAG; EXPRESS MULTI PURPOSE SERVICES J WBAfft i 22 FULLY CONTAINERISED SERVICE GRAND NAVIGATOR V.J 11/11 Mina Qaboos (22/11), m Dubai (24/11), Oammam (26/11), Kuwait (28/11). Abu Dhabi (30/11), I Doha (2/12), Bahrain (5/12) A VESSEL 30/11 Jeddah (11/12) Hodeidah (19/12) Subject233 words
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Advertisement16 1980-10-16 13 mm CONTAINER Bch6dolc§ LONDON Freights SHIPS In Port SHIPPING List REGIONAL Weather WORLD Services PORT Conditions16 words
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Advertisement391 1980-10-16 13 I <i> cnan Alqvri.m N.ition,il Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS I I'fc Agents: I I J mmafK TIMS TMIMC MBCVPTLUV. Tel: *****4 (5 lines) SINGAPORE EXPORT TO U S PACIFIC. GULF. ATLANTIC. EAST CANADA AND ASIAN PORTS II iri 28/10 4/11 11/11 I 30/11 <nm T*7 mm *wm391 words
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Page 14 Advertisements
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Advertisement808 1980-10-16 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERHAD. WISMA MISC, N0.2, JALAN CONLAY, P.O. BOX 371, KUALA LUMPUR o*o9, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE Mm ftr 1) taction*. Genoa. 2) Amsterdar 'Accept*! Europe cargo tar tender PH contact PUMGC P tatof Antwerp, L Havre. Bilbao Bask. UK.808 words
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Advertisement280 1980-10-16 14 sea SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA TOM noMorrui 24/11 26/11 10/12 12/12 24/12 26/12 7/1 10/1 12/1 fta Mter+FCl Cantwan a* Nu jeeeptnj Mann to CMMKM «u MM* SINGAPORE CALIFORNIA (ONLY 22 DAYS) AND VENEZUELA EXPRESS CONTAINER SERVICE I TOM Qmmt 0«t« Tan* Fa280 words
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Page 15 Advertisements
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Advertisement871 1980-10-16 15 Overseas M B B B Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COWTWOSHT SOURCE TO UK/COWTMNT: HWf R'dam Stan Spare flatang D'luark Bran Awarp Le Havre UX Ho«gMf tiflrru II Oct 20 Od 7 Not S Not 10 Not 12 Not871 words
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Advertisement480 1980-10-16 15 r Z Franco Belgian Services (F*ir F.a<t Frf.ich Service with Belgian Far Eastern Lines) mr-rt*. ace cONSORTiu* SMGAPOK P KELANK Li Ham IL GMKT kW 17 Od 3 Nh aojun nu 21 Oct 22 Oct i fc» KOKMIACEM 25 Od 21 Od 14 Nh rw MBS 31 Oct 31 Od480 words
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Page 16 Advertisements
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Advertisement708 1980-10-16 16 m Hapag-Uoyd TO NORTH EUMPE 11/10 20/10 28/10 2/11 3/U 10/11 TOIOITHdmO 21/11 28/11 1/12 8/12 Sport PK Pen Bilbao Genu H bur| B haven Rdam Antwerp 18/18 21/18 28/18 17/11 2/12 38/11 27/11 23/11 22/18 25/18 28/11 28/11 28/11 23/11 Vll 7/11 U/U- 38/11 IS/12 13/12 18/12 8/12 TO708 words
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Advertisement473 1980-10-16 16 KOREA LINE SHIPPING CORPN 4> c n an hjj j —xJI n —1 a Algerian National Line SPECIALISTS DEAL WITH SPECIALISTS 3J\XAJ FM EAST/MEDITERRANEAN SERVICE STORE P.KLANG LOADMG FOR BEL ABBES (1971) 20/23 Oct 2S/2S Oct Tuns/ft. St. Low/Valencia/ At(« +BE CHAR (1978) 20/22 Nov 23/24 Nm Tu»/Pt. St. Loyb/Vatawi473 words
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Advertisement557 1980-10-16 16 EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. LE HAVRE ALSO ACCEPTMG CARGO FOR: UNITED KMGOOM t SOUTHAMPTON. LONDON. MANCHESTER. BIRMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY HKHHOI HOLLAND AMSTERDAM i**» 2/M S?T 17/11" am' Sm Ent «H l/U 22/11 24/11 */ll557 words
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Advertisement735 1980-10-16 16 Everett Linesl j 4 2 Burmt Fhrt Star Sfcippin« Corpn "BURMESE NATIONAL LINE" LOAMNG FOR RANGOON fp" 'Mb raw 11/21 Oct B.F.S.S.C AomyH n Moloyno BOUSTEAD SHPHNG TEL NOS KL *****2/*****9 CompMM Argmtina 0« rr»i NavwacMn Intarcentittwital S. A. C.I. F. mj "ARGENTINE NATIONAL LINE" LOADM6 FOt MM I C?«A735 words
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Advertisement465 1980-10-16 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD 10 SANKYO LINE AUSTRALIA SERVICE MAT SKY MAT PWNCE Singapore P Keiang Loadmg (or M Pwt It/19 Oci SYD M Nrt MEL ADEL JAPAN/STRAITS SERVICE IU *****44/7 i *****70 I 18. *****4 *****4 CONTAMR BOOKMG OCEAN SWPMG STORE TU 22*1144/7 I*l*ll CONTMO P KELANG465 words
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Page 17 Advertisements
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Advertisement794 1980-10-16 17 PIL GROUP EAST AFRICA/REDSEA SERVICE A COLOMBO/KARACHI/P. GULF SERVICE KOTA MELATI 20/25 Oct Colombo. Karachi, Mma Qaboos. Bombay KOTA DEWA 25/30 Oct Karachi Dubai Kuwait SINGAPORE/CHITTAGONG/RANGOON/SERVICES 14/16 Oct to Pt/25 Oct Loaoing for Chittagong. Madras Rangoon/Chittagong SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INOONESIA/SINGAPORE SERVICES KOTA PERMtA KOTA PAHLAWAN KOTA BHTANC 21/31 Oct 2/5794 words
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Advertisement1038 1980-10-16 17 rrc> BEN LINE CONTAINERS EXPRESS com MO SOVKC TO/FROM EUROPE u*arpaai in i«n**r IrtMlbprOM fRCM BMft H'BURG B HAVEN to Germany Austria Salad bM UM 11/11 22/11 23/11 24/u a/u 1/11 2/11 1/11 9/11 Cvtiafay Hmtrnrn lay KMC B HAttN ROAM HAVW SOTO* eian| Urmjn, Aastru Artfatrp FranccMUK a/U 7/111,038 words
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Advertisement738 1980-10-16 17 I i K Y jrff V ft i I, I if. Scan Dutch V WEEKLY EXPRESS CONTAINER co SERVICE I Sport 1 I)VM«n2)r«M 3)H-kw|4)Ctai 21/lt Vll 11/11 11/11 IVU a/u u/u u/u u/ii »/u vii u/u n/u a/u n/n 11/11 S/ll 1/11 2/12 4/12 u/u vu i/u i/u u/u a/u738 words
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Advertisement592 1980-10-16 17 i fa 9 i. if v Vl d r f* i BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUMON ft SOUTH AFRICA STREAMBANK SINGAPORE 19/10 •to Reunion 1/1) Ourbon 8/1! Capetown 16/11 Pt Eli* U/ll (also accepting East London and Maputo cargo) BEAVER BANK 5/12 18/12 25/12 2/1 31/12 Lukes Linos592 words
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Page 18 Advertisements
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Advertisement707 1980-10-16 18 > K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA fIEDM VESSELS* P* SR MOTKR VESSELS IK LA SE MY Cfcp*. Ace ?4N SjM 17/10 Queen i Nay fridge 31/10 10/11 Benin Mara 31/10 9/11 Ksa Mam 1/11 20/11 Gtev Ace 01N 11/10 22/10 ha Mara 7/11707 words
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Advertisement496 1980-10-16 18 CALfORRIA/PACffIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Lm*r tar LOS ANKLES. SAN FRANCSCO. SEATTLE. TACOMA. VANCOUVER B.C. fee** FQ/f a Cm*mm L Annies mstum" 7 Mm »Nm 5 Ok AUSTRALIA EXPRESS CONTAINER SERVICE R»»*n fCI/Fa Mann PKeianf Spore Bm Syd MHb Ade Fraa "RAVDAS" 9 Hot 10 No. 23 No.496 words
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Advertisement574 1980-10-16 18 V (•roup SINGAPORE SHIPPING AGENCIES PTE LTD ?OTM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 1 3 LINES I GENERAL *****1 14LINES TERMINAL OFFICE ?223b83 TELE* RS ***** RS ***** A B CARSHIP CABLE CARGOSMIP C IT Itvjiional Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK Wl JAK BOUNTY 435/44N MK574 words
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Advertisement569 1980-10-16 18 Bgranard lime INDEPENDENT A TTRACTIVE RA TES MEDITERRANEAN SEA SERVICE ALSO ACCEPTtSC CONTAISEK CARGO FCL OSLY FOR: PORT SAID. ALEXANDRIA. BEIRUT. LATTAKIA, UMASSOL. ISTANBUL PIRAEUS Specially engaged agents A stevedores providing immediate discharge WW SM6 V.4W MAN Of ONE V.4IN fUN NH SaM. hM ft L*tUku arty STRAITS/EAST ASM SERVICE569 words
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Advertisement752 1980-10-16 18 INTRASEA (PTE) LTD. Paber House 23JE Road Singapore 9 Telephone *****11'*****57 Spore P. Pononr um| tar MANGEL GLORY NBS9 SaM M Port BOULOGNE/ROAM/ UK(AWN)?SETE lEG 6 HEIiDtC MM. 24 Oct 27 Oct ROTTEBDAM/W (AVON) OMSK MM 12 Net 17 Nat BOULOGNE/TDAM/1* (AVON) Mb: Saw apart MTRASEA (HE) LIB 2352C11 BOOKVC752 words
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Page 19 Advertisements
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Advertisement621 1980-10-16 19 NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): C. PAUL 24W+ K. JACUN 7W.„„. TW. BUDGE 3W. C. ROZE 22W K. JACEWON 10W. MERCATOR 20W 'Containers feedered to/from F'stowe Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ): C. ROZE 21E K. JACEWON 9E MERCATOR 19E 0. CHEF 21E621 words
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Advertisement160 1980-10-16 19 TRUCONTAINER EXPRESS INTERNATIONAL (S) PTE LTD Suites 1311/1312. Shaw Towers. Beach Rd. Singapore 0718 Regular Container Service accepting FCI/LCL Cargo for Austrafia All Ports New Zealand Auckland, Lyttleton Sri Lanka Colombo United Kingdom —All Major City Terminals. Call *****81. 0 ACHIPELEGO SHIPPING SDN BHD. REGULAR SERVICE TO EAST MALAYSIA PENANG160 words
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Advertisement176 1980-10-16 19 I WORLD CS!. LINE ??nT*?rr JAPAN/HONGKONG/STRAITS GEMLOCK L-l Oct. 18/19 Oct. 20/21 OLDFAIR L-13 Oct. 26/27 Oct 28/29 SANVASS L-35 Oct. 30/31 Nov. 1/2 BASCA L-58 Nov. 6/7 Nov. 8/9 &«a»m GM *cent DMB (J) fTt LTD., Cm** 1 MmMm Spn. Skppn MM. i* mini Ft* MMI g«i Afnt remain176 words
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Advertisement186 1980-10-16 19 HOBS DONG SUE LINE M.V. DONG TON VOYH arrived IMIJt ATHAIMMIH General survey on damaged cargo discharged ex the above veaael will be held on Turwlij 21st October 1980 as from 9.00 am to 12.00 noon. No further survey will be held after this date. WOKUVWIDE PACIFIC MARITIME (PR) LID186 words
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Page 20 Advertisements
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Advertisement841 1980-10-16 20 MALDIVE LINES MAC-NELS& ENCIES ETA KUANTAN ETA PORT KELANG MALDIVE IMPORTER Sailed Loading for Male MALDIVE NATION Sailed In Port 18/10 Loading for Basrah MALDIVE LOYALTY In Port loading for Male/Colombo MALDIVE PROGRESS 22/10 loading for Doha/Dammam/ Kuwait MALDIVE MAGE 25/10 Loadng for Basrah MALDIVE NOVEL 20/10 Loadmf for Gizan,841 words
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Page 20 Miscellaneous
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Miscellaneous180 1980-10-16 20 Regional Weather t X t r. sz/a m a i t a A m j TL. 100E LLm SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c Win. Wind direction with speed in knots Wave height R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots180 words
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