The Business Times, 5 October 1979

Microfilm: NL10367
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 14J/1/7S FRIDAY, OCTOBER 5, 1179 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Gold tumbles
      96 1 AP LONDON, Thurs. The price of gold tumbled back below US$4OO an ounce Thursday amid a bout of profit-taking while the dollar was little changed on most major money markets. By late morning gold was quoted at $394.50 a troy ounce in both London and Zurich, Europe's major
      AP  -  96 words
    • Article
      Air talks
      39 1 ASEAN countries have agreed to hold talks with Australia in Canberra on Oct 22 and 23 to conclude an interim agreement on Asean participation in the cheap air fare scheme between Australia and Europe, official sources said.
      39 words
    • Article
      SIA clarification
      45 1 A Singapore Airlines (SIA) spokesman said yesterday that only one of five persons involved in a US$5.3 million gold smuggling case in India is an employee of the company. He is Juvito Fernandes, an Indian national employed by SIA as a catering officer.
      45 words
    • Article
      Lock icon First deal
      56 1 AP BEIJING, Thurs. Eaton Sung Pacific Corp of San Francisco signed a three-year, US$l5O million investment contract with China today the first under China's new joint venture law. The contract was announced by Mr Rong Yiren, chairman of China's Joint Ventures Corporation, which was officially founded today under
      AP  -  56 words
    • Article
      Lock icon Free trade zones
      57 1 Reuter COLOMBO, Thurs Sri Lanka is to establish two more free trade zones north of here, it was officially announced here today. The announcement by the Greater Colombo Economic Commission said the new zones would be at Welisara and Bjyagama on the outskirts of the city in
      Reuter  -  57 words
    • Article
      Lock icon Minibuses recoiled
      97 1 AP TOKYO, Thurs. Toyota Motor Co of Japan will recall nearly 4,500 minibuses, including about 3,000 exported to South-east Asia and West Asia, because of defective electric wiring systems, Toyota officials said thursday. The defective buses were "Coaster" models with diesel engines manufactured between about 1977 and December
      AP  -  97 words
    • Article
      Lock icon Dow Jones
      64 1 AP NEW YORK, Thurs. The stock market edged up slightly this morning, despite news that US wholesale prices had risen at a 16.8 per cent annual rate in September. The Dow Jones average of 30 industrial issues was up 0.69 to 885.84 in the first half hour. Advancing
      AP  -  64 words
  • Article
    Chief Price Changes
    136 1 Rises Petaling 1090 80 Rahman Hyd 535 49 M U I 366 46 Kramat 550 Berjuntti 805 25 M Breweries 595 25 Sungei Besi 1010 20 K L Kepong 368 18 L'td Malacca 550 15 T Harbour 472 12 Falls K Kanpar 450 -18 M Banking 785
    136 words
  • Article, Illustration
    KUALA LUMPUR
    155 1 Rises Malayan Tin 2280 10 Petaling 1100 50 Tronoh 1000 35 Idris Hyd. 430 24 M.U. Ind 368 20 Aokam 410 20 Berjuntai 815 20 KL-Kepong 368 16 Kg. Lanjut 300 15 S. Kinta 875 15 Falls Castlefield 1500 -50 FE-L'ston 230 -17 C. Sugars 304 -12 P.
    155 words
  • Article, Illustration
    Another feather in Sisir's cap
    625 1  -  COMMERCIAL POTENTIAL By JOHN LIM THE SINGAPORE Institute of Standards and Industrial Research (Sisir) has succeeded in jointly developing an automatic drilling machine with a New Zealand company. The successful development of the automatic drilling and tapping machine with K and V Sorensen Engineering represents
    625 words
  • Article
    Air fare defiance
    173 1 SEVERAL international airlines have resisted demands by the Australian Transport Department to raise air fares to Australia by 16.7 per cent. These airlines said they will continue with their old fare structures because they have yet to agree to Australia's i unilateral decision to impose an increase
    173 words
  • Article
    A and W plans to bottle root beer here
    353 1 A AND W is planning to bottle and can its root beer in Singapore for the domestic and Malaysian markets. A decision is expected to be made before the year-end with production starting up by the first quarter of next year.
    353 words
  • Article
    RISING BUILDING COST
    224 1 THE RISING cost of labour is expected to add about 3.5 per cent to building construction cost, following recent recommedations by the National Wages Council (NWC). Other developments increasing building cost are the higher Central Provident Fund (CPF) contribution and the 2 per cent contribution to the
    224 words
  • Article
    Takeover expected to raise SPP group profit
    264 1 SPP Ltd groop profit Is expected to improve with its acquisition mt Creative Press. As part sf its plaa to ratieaailse operations, SPP (formerly Singapore Paper Predaets) has •greed to puehue from the receivers aid managers d Creative Press machineries, equipment, vehicles aad
    264 words
  • Article
    SMA plans 5 missions next year
    343 1  -  By FOO CHOY PENG THE Singapore Manufacturers' Association (SMA) plans at least five missions abroad next year to promote exports and look out for investment opportunities. The SMA's executivedirector, Mr Tay Seow Huah, said yesterday the investment missions will visit West' Malaysia, Sri Lanka
    343 words
  • Article
    Lock icon Lee to visit Seoul
    108 1 AFP PRIME Minister Lee -Kuan Yew will make a six-day official visit to South Korea from Oct 16 to 21 at the invitation of South Korean Premier Choi Kyuhah, it was announced in Seoul yesterday. Mr Lee is to hold talks with South Korean government leaders
    AFP  -  108 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      1 1 et
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    • Advertisement
      Page 1 Advertisements Column 2
      241 1 Solving Big Problems is Formula for Growth Recommendations Soaring in Vital Energy Groupings The four New York issues which Capital Gains Research recommended most frequently during the latest U.S. nuclearaccident scare were reactor-builder COMBUSTION ENGINEERING, nuclear technology leader EG&G, uranium miner UNC and coal liquification specialist FLUOR. Two weeks into
      241 words
    • Advertisement
      Page 1 Advertisements Column 3
      73 1 SHIPPING TIMES JAPANESE ieyutmcat stare is there a wed fer aa eaergy seeks leeal t >gesey is fllagispsrnf 7 ROYAL Cemmissiiß repert m STOCK market repert. It l)K legal system S BDf Heag Chaa (M) preflt d»ws 11 IMPLICATIONS tt ReUs Bayee- WAGE eest aaalysls sf the TrlStar deal I
      73 words
    • Advertisement
      Page 1 Advertisements Column 4
      54 1 I^l Just focus at out new interest rates FIXED DEPOSITS 24 months 12 months 9 months 6 months 3 mths. 1 mth. 8 °op.a. 7Jj op.a. 7' 4% p.a. 7 o p.a. 6%% p a. 6 Vjp.a. CONTINUOUS DEPOSITS 6 months 3 mths. 1 mth. 7% p.a. 6%'/. p.a. 6Vj%
      54 words
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  • TRADE AND INDUSTRY
    • Article, Illustration
      S'pore Daimaru plans for new consumer plant
      663 2  -  By TEO TECK WENG SINGAPORE Daimaru, a 540 million joint venture between local financier Goh Cheng Liang and Japanese retail giant Daimaru Inc, is seeking a location for a consumer goods factory here. Details of the project are still being worked out and
      663 words
    • Article
      UNY OUTLINES POLICY
      434 2 ANOTHER Japanese department store chain has expressed interest in establishing a joint-venture store overseas. Speaking at Uny Company's first information meeting with local businessmen yesterday, company president Toshio Nishikawa said Uny's current policy is to strengthen its operations in Japan, especially in view of rising competition in
      434 words
    • Article
      Twenty company reports picked for last round
      311 2 TWENTY company reports have been selected far final consideration for the 1179 annnal report award. IWa is oat of a total of *5 local company reports eligible for tbe award. This was announced yesterday by tbe chairman of the working committee examining the
      311 words
    • Article
      Aussie team here
      54 2 A MINISTERIAL delegation from Australia's Northern Territory arrived yesterday to participate in Singapore Fair '79. The delegation is led by Mr Roger Steele, Minister for Industrial Development and for Transport and Works. Others in the group include Mr Gyde Adams, cKairman of Northern Territory Development Corporation and
      54 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      210 2 MR Brie Tan has joined Guides and Annuals Publishers as marketing manager, and Mr Yen Toon Joo has been appointed editorial consultant. Mr Tan spent the last 15 years in advertising and marketing. Mr Yeo is concurrently head of his .own PR Advertising agency. Mitsui O S
      210 words
    • Article
      MEMO PAD
      357 2 COURSES AND TALKS Oct 1-Nov 19: Inventory Control and Cost Reduction, Bukit Timah campus, University of Singapore Department of Extramural Studies Oct 2-Nov 22: Accounting Principles, Waterloo Street Centre, University of Singapore Department of Extramural Studies Oct 8: Elementary Russian Part n (24 lectures), University Joint Campus, Department
      357 words
    • Article
      Johns has good reasons to pick Singapore
      129 2 AUSTRALIAN company Johns Consolidated chose to locate its branch factory in Singapore after having considered alternative locations such as Taiwan, the Philippines and Indonesia. This is because of Singapore's economic and political stability, said Mr Roy Johns, the company chairman. "Another reason is
      129 words
    • Article
      Minister to open fair
      68 2 MINISTER for Trade and Industry Goh Chok Tong will open Singapore Fair 79 at the World Trade Centre at 5.00 pm on Friday. The 10-day fair will be open from 11 am to 10 pm but trade hours are limited to 11 am to 1 pm.
      68 words
    • Article
      Takara to assemble car stereo sets soon
      401 2  -  By JOHN LIM A JAPANESE company in Singapore is expanding its operations from the current manufacture of switches to the assembly of car stereo sets. Takara Manufacturing Company (S) is now building a new factory in Toa Payoh North to handle assembly plant.
      401 words
    • Article
      Pakistan Int'l plans to set up subsidiary
      187 2 PAKISTAN International Airlines plans to set up a wholly-owned subsidiary company to handle ground services. The airline has carried out studies in Singapore and West Germany and it is at the moment examining ground handling services at Heathrow airport, said a spokesman of
      187 words
    • Article
      For Spyros families
      116 2 DONATIONS totalling *417,285 were distributed to families of the Spyros disaster at a simple ceremony on Monday. The donations were made by the public and employees of Jurong Shipyard. The next of kin of those who died in the disaster received $4,275 each. Those who were injured
      116 words
    • Article, Illustration
      A heavyweight among machine fair exhibits
      231 2 THE largest single exhibit at Machine Asia 79 to be held at the World Trade Centre from Oct 15 to 19, is a press brake with a 150tonne capacity. The Hydrabend, weighing 12.5 tonnes and costing about $168,000, is produced by Nova Machinery of
      231 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      148 2 [New improved ford Escort Vim Greater payload Bigger engine (road tax is still $72 for 6 months) Increased payload Greater Bhp New front disc brake (servo assisted) New roof ventilator Improved rear suspension with additional leaf spring Well-designed interior Rear ctoors open wide, free of obstructing hinges "I J We've
      148 words
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  • REGIONAL
    • Article, Illustration
      Lock icon Goldsmith's joy
      61 3 A goldsmith in Hongkong bnsy collecting gold ban that have been flattened in a machine before having them cnt into smaller pieces. Demand (or gold in the Colony has been brisk as Chinese there consider the metal as more than a mere hedge against inflation it is believed
      AP photo  -  61 words
    • Article
      Lock icon Conserve energy, fight moral decay
      166 3 UPI PART of Japan's solution to the energy crisis is to overcome the "moral decay" that accompanied industrialisation, a Japanese energy official told an energy conservation conference. Mr Tokio Kanoh, a conservation official with the Tokyo Electric Power Co, and information chairman of Japan's Energy
      UPI  -  166 words
    • Article
      Investigations on cement prices
      195 3 THE Malaysian Ministry of Trade and Industry is investigating reports that cement is being sold at black-mar-ket prices in Kuala Trengganu and Kota Baru. The Ministry's director of enforcement, Haji Nik Mohamed Salleh Bin Haji Nik Mat, yesterday appealed to those who have come across such
      195 words
    • Article
      Kuwaiti prince in Kota Kinabalu
      115 3 THE CROWN Prince of Kuwait, Sheikh Ali Sabah alSalem, .arrived in Kota Kinabalu this week for a three-day visit to Sabah. He said his country's present investment in a joint venture timber project in Sabah is the first step towards future investments in other fields.
      115 words
    • Article
      Lock icon Getting the hoarders
      138 3 AP PRIME Minister Charan Singh of India has confirmed that his government is going ahead with the controversial move to bring about an ordinance seeking detention without trial of economic offenders. The ordinance is mainly intended to deal with hoarders and blackmarketeers in the present situation of
      AP  -  138 words
    • THE REGION IN BRIEF
      • Article
        Lock icon DENIAL ON COAL
        227 3 Agencies SOUTH Korean Energy Resources Ministry officials have denied a Japanese newspaper (Mainichi) report that South Korea has begun importing North Korean coal on a long-term basis contract. The report has absolutely no basis, Seoul officials said. INDONESIA'S PTKrahataa Sleel will tell SM* team «f ipwge ten
        Agencies  -  227 words
    • Article, Illustration
      Lock icon Strong China beneficial to US
      547 3 ARMS SALES SUGGESTED NYT THE United States should take steps to bolster China's military potential so that Beijing could come to the assistance of the West in the event of a major war with Russia, a US Defence Department study has concluded. But a Pentagon
      NYT  -  547 words
    • Article
      Lock icon No truth in swindle report
      110 3 AFP THE Indonesian-Japanese Joint venture firm, PT Pineapple Cannery of Sumatra, has denied a local press report that it had been swindled of US$2.B million (SSS.B million). The Armed Forces Bulletin (PAB) reported last Monday that the amount provided to the company by the Japanese
      AFP  -  110 words
  • Page 3 Advertisements
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  • RAW MATERIALS
    • Article
      Lock icon US grants Indonesia rice loans
      484 4 Reuter AFP THE United States has signed an agreement with Indonesia providing an additional US$5O.2 million in soft credits for the Indonesian government to purchase 120,000 tonnes of rice and 52,000 tonnes of wheat, the US Embassy in Jakarta said yesterday. The concessional payment terms
      Reuter; AFP  -  484 words
    • Article
      Lock icon Copper prices likely to zoom in mid-1980s
      228 4 Reuter COPPER prices most likely will rise sharply in the mid1980s, based on demand forecasts and present plans for expanding mine and smelter capacity, according to a summary of a study on the world copper industy. Dr Raymond Mikesell, an economics professor at
      Reuter  -  228 words
    • Article
      Lock icon MALAYSIA WARNS DEVELOPED NATIONS
      97 4 Reuter DEVELOPING eaaa tries coald be poshed into radical chaages la their commodity export policies if ecoaomie aad social disparities with the developed world eoatiaac to widea, Malaysian Flaaace Minister Teagka BaaeMgh Hamtafc told the IMF meetiag la Belgrade. The developed eooatries might well ead ap
      Reuter  -  97 words
    • Article
      Straits tin
      83 4 THE STRAITS tin price in Peaaag yesterday eased Mst per pieal te M$2,M6 te stand MfSS above the International Tta Agreement ceiling, dealers said. The margiaal fall represeated a correction te Wednesday's high with a larger volume of tin concentrates delivered by miners aad easier evernight Lsadea conditions
      83 words
    • Article
      Closing prices
      31 4 Rubber: Oct 4 Singapore: October 288.75 cents (down 4.25 cents) Malaysia: October 288.50 cents (down 3.50 cents) Tin: M $2,005 (down $6) Official offering: ***** tonnes (up 45Vi tonnes)
      31 words
    • Article
      Hongkong Comex
      147 4 THE SUGAR futures market yesterday closed easier in continued quiet and featureless trading, dealers said. Nearby January closed at 11.26/36 US cents against Wednesday's U. 36/50 close with distant October at 12.90/92 against 12.96/13.00 cents. Sugar futures closing prices: Pit vi— i CMag Qsafag Jan 11.26 36 11.36/50
      147 words
    • Article
      RUBBER
      254 4 THE SINGAPORE market closed slightly lower yesterday with October One RSS buyers quoted at 288.75 cents per kilo, down 4.25 cents from Wednesday's close, dealers said. Morning prices were marked down about 2.75 cents on easier London advices after initially opening uncertain. Afternoon prices lost further ground on upcountry
      254 words
    • Article
      RAS PRICES
      349 4 R AS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S S. prompt f.o.b. 290 50 291.50N Int. 1 R.S S October 290 50 291.00 Int. 1 R.S.S. November 295 50 298.00 Int. 2 R.S.S. 284 00 285 00N UK Coot 283.00 294
      349 words
    • Article
      SSR and SMR
      106 4 SOON SSI ud SMR pncaa w»u wday KA8 SSR20 (1-loti pallet) 1 Carre a Beyri 1 200 00 *Mik r.\ oon iFeretH HNHMM nu» ntHN SSR SO (1 ton pallet) 206 00 *****N KTJt M-HM MKKLB SMRCV (1 -loo pallet) 313-50 315 50N 114-40 MMN SMRL (1
      106 words
    • Article
      Produce exchange
      353 4 ALL was quiet on the Singapore produce market yesterday. Prices finished mixed. Business was minimal, mainly between local dealers on covering account. For the coffee dealers, it was another idle day. The enquiries pouring in (or Robusta and Arabica coffee resulted in negligible business as local stocks of
      353 words
    • Article
      Textiles
      195 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (la HK dollars, spot n-fodown) CXI— jfin: China Blue Phoenix 20s 2,325. 32s 40b 3.040 (pec bale of 400 lbs). Ptoee |ilti: China Butterfly 'and Globe brand unq; Dramas Head unq; Five Lambs unq; Flower and Butterfly unq;
      195 words
    • Article
      Rice
      333 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cewt first class (Kangaroo) new crop 0.88, 100 per cent secood class 0.83. 100 per cent third ciaas 0.80. S per cewt new crop no stock, B-10 per cent 0.70 THAI BROKEN: A-auper O.C, Special 058.
      333 words
    • Article
      LONDON MARKETS
      639 4 ALUMINIUM: Down £5 for cash and £1 (or threemonths yesterday morning. Market gradually eased from steady pre market levels under trade selling and long liquidation. Tight nearby position also eased, with the backwardation quoted around £42 against £60 Wednesday morning. Three-months ended the kerb at £752 against a
      639 words
    • Article
      Duty rates
      89 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from Oct 4 until further notice: RaMer: 281*1 cents a kg; Capra: M 51,052.02 a tonne; Pain kernel: $955.75 a tonne; Wlrite pepper: $4,659.80 a tonne; Black pepper: $3,152.00 a tonnes; The rates of duty payable
      89 words
  • ASIAN STOCK
    • Article
      Lock icon Focus on oil issues
      644 4 TOKYO Source: DBS-Daiwa WITH interest mainly on oil issues, the market rallied and the Nikkei Dow-Jones average advanced 56.78 points at the end of the morning session yesterday. Quality and resourcerelated issues were widely bought. But the market turned lower in the afternoon, with earlier gainers
      Source: DBS-Daiwa  -  644 words
    • Article
      Sydney
      340 4 STOCKS closed generally easier yesterday with falls concentrated in minings and industrials. The All Ordinaries index closed 4.84 points down at 684.81, dealers said. In minings, gold stocks led the technical reaction to the fall in physical gold prices and world base metal prices with Central Norseman gold easing
      340 words
    • Article
      Manila
      121 4 STOCKS closed mixed yesterday with oils firm but commercials and mining generally down, dealers said. Turnover was slightly down at B.S million pesos from Wednesday's 8.7 million. Others were unchanged. OCT lM Phm Acoft Mining jM -CM AUu Con A Altai Can. B 2X50 -U —«WHi OoU JM 4MB
      121 words
    • Article
      Bangkok
      255 4 STOCKS yesterday traded uncertainly and price changes were marginal, dealers said. OCT 04 Bahts Asia Credit 210 +2 All* Fibre Ayuihaya In*. And Trust Bangkok Investment 230 2 Bangkok Bank 340 ♦2 Bangkok Drying And SOo 370 g Bangkok Insurance Bangkok Metropolitan Baa Bangkok Nylon Hank Of Asia II
      255 words
    • Article
      Lock icon Hongkong
      313 4 Source: THE MARKET suffered a heavy set-back yesterday, probably due to a lack of corporate announcements and the lack of institutional buying as the colony moves into the final quarter. Prices were quite firm in early trading, especially in HK Land but for the rest of the day the
      Source:  -  313 words
    • Article
      Selected indices
      64 4 FINANCIAL TIME8 INDUSTRIALS Wednesday 470J Tu—day 460.1 Week Ago 400.9 DOW JONKS AVERAGE INDUSTRIALS Wednesday... M.1S Tuesday ***** Week mo 886.36 LONDON DOLLAR PRXMIUM Wednesday 94% to 36 Tuesday 1 00'. to 30'* HJLHANC 8EMG Thursday tTTUBb Wednesday ...J... «HJt Week l(0 88X70 SYDNEY INDUSTRIALS Thursday ***** Wednesday
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      108 4 IBM FOCUSES ON YOUR BUSINESS NEEDS... ASfISsM We had you in mind when we manufactured the Selectric a versatile typewriter which allows ease of operation, speed and quality performance. The Selectric was work more efficiently —> it has a built-in correcting J feature which can help lift t off mistakes
      108 words
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  • OVERSEAS
    • Article
      DAILY AIRCRAFT MOVEMENTS
      684 5 ARRIVALS Service Local Operator Number Tim« > From PAL PR501 1135 MNL SIA SQ63 1155 MNL SLA SQ1 1155 SFO /HNL HKG SN SN287 1200 BRU/DXB BKK SIA SQ240 1210 MES CIA GA982 1230 HLP SIA SQ911 1240 SPO HNL/GUM MAS MH684 1245 KCH SIA SQ201 1245
      684 words
    • Article
      Lock icon No basic deficiencies in UK legal system
      557 5 NYT LAWYERS in Britain should be given broad powers to advertise their services and fees, a Royal Commission said Wednesday in reporting on its exhaustive 3 1/2-year study of the country's muchcriticised legal system. But the 15-member group, drawn from various walks of
      NYT  -  557 words
    • Article
      Lock icon Inflation affecting Saudi oil supply policies
      236 5 Reuter SAUDI Arabia arid Wedaeoday thai aulatslaing lis l*c«*tril anppty pollefca la trim at eaneaey lasterißty aad Ugh laflattoa Is beeee* toT^Mdfat'SruLaal meetlags la Belgrade «f Ike World Baak aad latoraattoaal Msaetary Fund (DOT), Saail Plaaaee Mlalster Sheikh riihsaiwui AH AhaJKhall called far argeat
      Reuter  -  236 words
    • Article
      Lock icon Britain protests over oil investment bill
      567 5 NYT IN A HIGHLY unusual move, the British government has lodged a protest to the US State Department over the terms of legislation introduced by Senator Edward Kennedy that would limit the investment that American oil companies could make in foreign concerns. The note,
      NYT  -  567 words
    • WORLD IN BRIEF
      • Article
        Lock icon RATIFY SALT II
        401 5 Agencies VISITING West German Defence Minister Hans Apel in Washington said the Atlantic alliance would be seriously shaken if the US did not ratify the SALT n Treaty by the end of the year. Speaking to the press after a meeting with US National Security Adviser Zbigniew
        Agencies  -  401 words
    • Article
      History's greatest bank robbery
      128 5 A GANG of Nigerian amateurs pulled off history's greatest bank robbery before the law closed in on them, if police reports in Lagos are to be believed. Police sources say that a group of employees of the Central Bank of Nigeria may have netted more than
      128 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      37 5 Service subject to government approvals For reservations, call your Travel Agent or BrantfT in Singapore at 734-2283. Only Braniff can fly you to Los Angeles and then to 49 cities throughout the U.S.A., Mexico and South America.
      37 words
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  • Article
    Statistics tell it your way
    651 6 STATISTICS in the hands of the ignorant can have the effect of a machine-gun in the hands of a blind man. When such figures are at the finger-tips of a skilled academic, they can be as dangerous as having the finger of a fool on
    651 words
  • Article, Illustration
    Lock icon PAN AM'S RB-211 ENGINE FIX
    2029 6  -  The applause that turned to criticism. MARGARET HUGHES examines the implications of the controversial Rolls-Royce/TriStar deal. MARGARET HUGHES FT EARLIER last month Mr John Nott, Britain's Trade Secretary, was in California to see Rolls-Royce RB--211 engines being fitted to the first Lockheed TriStar built for
    FT  -  2,029 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      127 6 A°?k s xJi <1 y< m w 4 '^f' n 5.V W* V 9 if to A < Tl m m Ml 9 ej, 5% i S 3C Iwa ■Nft&n£ At last, reach the big spenders. Leisure Times is right on target For as little as $15, you can reach
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      17 6 ?rlStoW :F shooting Him Doom »rvf Rj&UC CPH ONLY L£W Tb I ILL FKJ-MG*.... J r-^ .dTkfej
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      1382 6 A tale of fraternity A FRATERNITY b peea--11 a r U U8 ttapilN where gnap af riiiwti baaeh tonttwf U werk •tten ar m Mhhltm. That is the had part, a( eearae. The theeretleal gead part h that saeh peer |naph|» are meaat far each member te help the ether
      1,382 words
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  • Article
    A need for energy agencies
    1990 7  -  Many nations are coming under the thumbs of government energy agencies, which have broad guidelines to study and regulate the use of energy. JOHN TAN examines whether such an agency is needed here. JOHN TAN THE OIL Minister ai Saudi Arabia, largest oil exporter in
    1,990 words
  • Article
    STRAWS IN THE WIND
    361 7 DO YOU know tftat a special boiling point spirit is the best diet for fire-eaters? This is what Shell recommends for fussy eaters. Shell companies receive some strange requests from their customers, the company's house bulletin related. The entertainment officer of a local town telephoned one
    361 words
  • Article
    The pinnacle of a teacher's career
    964 7  -  FOBUHi With QUEK PECK LIM ANDREW TAN is a happy man. In a few short days, he will achieve what no living Singaporean has ever been able to do. He will have become the first man to make it to the very highest pinnacle
    964 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      200 7 The Marfcof Distinction. The New Swiss Line2oooSeries from Diethelm. Efficiency and versatility. The distinguishing marks of a successful business. The hallmark of Diethelm's New Swiss Line 2000. Clean, clear lines. Aesthetically pleasing. And functionally flexible. The Swiss Line 2000 Series is equally suitable for individual units or open plan offices.
      200 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        251 8 oct m m COHBB1LLE Alr-UquM)e B 8 N Omw DIDOM CSP (TlKMnionCle rranealae dm Petroies Comptfnfee MM 940 401 204 •IS •a 4-3 CompMn* Oeneraie no. to 3.1 Cradll Fancier De France 4 (Ukraine) Machines Bull Mlcheltn <■) Parlbas Pechlnejr Clfirw KuMmtnn 225 30 moo MB ao-io 113.10 >U
        251 words
      • Article
        Amsterdam
        183 8 OCT 03 PI* ABM MA-SO 15 Ahold MM tU Akao MM 02 AMKV 1MM ■U Amfu ISM +11 Amro Bank 1XM +0J A £3°" MM 1MM U -t Bou mm Bomuag 171 Ji unch mmrnmrntm Byenkorf MM TIM -05 1 Cain Delft ***** 4« Deli M1J MM -0.1 Ennia
        183 words
      • Article
        Frankfurt
        179 8 OCT Dm Act-Ttlcfunkcn 41 JO Akao MJO Alia uttn ax jo +m aiis vtn mm BASF ltf.lt +0.7 Bajr H T Wbtnlr M4J0 +1 Bay vtmnk m oo bmt mm +o.« Bsc sua iu BMW 174J0 -Oil CuhUi Ml JO -4 CTtem Verw I73J0 uneh Commcrtbank Ml JO 1J
        179 words
      • Article
        Zurich
        148 8 RM M Efsfl AlunUsai Rm. Dvovu Bovtn BT 304 ins ♦i CI be (Mo Br. UK 15 CI be 0*1(7 r C MM 5 cite ot a R*( WT 1 Credit Sulat Br 2310 ufic h Credit Sum* Ref 4S3 ♦a Elektrowau Br. 2156 -10 Ocarvt rtachcr Br TO
        148 words
      • Article
        Brussels
        81 8 OCT F» FORWARD MARKET Aftfff 403 -1 ArM Ml -46 h^W"" M4 «M mo u 171# 10 Mi uaeh Cirft DC Bwn S 4 Ftm rw-trobel UK -«0 Ob- lnrvo-Bm MB +15 1110 4 Hobo* mo -to Kit *10 23St til i220 10 Soc Oen Bri( 1196 unch Sofia*
        81 words
      • Article
        Milan
        91 8 oct n I Jr* U Ul let Aaaoc Oen «B0 •1 m Buior m 1 Can trait •MO -4* Vtel an M rmiMw Oen Immob 130-50 n u ar tn M w 70 IUlc«iBenU am ZS lUigu IUlaMcr >14 Ml -U Ht|MU M Pf 00 ManUl Ere <10 -1
        91 words
      • Article
        Little change
        1247 8 NEW YORK THE STOCK market on Wednesday showed little change in active trading as investors continued to wonder what the US would do about the sagging dollar. Persistant speculation that a US dollar support move was imminent helped steady the dollar today and contributed to a drop in
        1,247 words
      • Article
        TORONTO
        184 8 ocr os ct A MUM SOW Alcan «<» r Atjoma S<* Bank Mont MH -W But Not* ScotM S4* -H BMI TM XI nneh Beth Corp BP On 1M SH» +1* Braacan SO* Camp Had Late V -m Can Imp Bk unch Canpac 40 +S Canpar In* Pf Carting
        184 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      109 8 Where to wine, dine and entertain fMm Delectable local dishes and Western lunches set in daintily stylish Scandinavian decor. Popular SELF-SERVICE lunch daily Prom 10.30 am to 3:oopm and snacks from 3.00pm spm You've got to try k to befievel Fabulous harbour view k Sentosa Isle beyond. f~m 4 m
      109 words
    • Advertisement
      Page 8 Advertisements Column 2
      197 8 'it lack \V lor clnuking. I'or <Lincitig. For delight*ul tit Kings. \l.'<.s/c "r /£;<"< A//\ /a7i rnuticthil »11 n>:J»n. <>: v/ I 111 /v' 'v'/i 1 i k S J < i-■ It• 11-\ I 'in k SIK I HIOII SII i| MH I .9,< A Sr.? y I 11
      197 words
    • Advertisement
      Page 8 Advertisements Column 3
      92 8 See Page 4 for Asian stocks e See Page 9 for Jo'burg prices i Siiiii>osc Sen food V |SU*' I "-if" 1 »r i I 1 •J. i gW'\ a llVv -v\ tjt (Lurkpil l iinli A 0 t /Av/v 24 hours service KING'S Coffee House When evening oomes~ excitement
      92 words
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      Page 8 Advertisements Column 4
      76 8 LUNCH At S'-..0t/ 'rue 'idvoi/s o 4 S n oo' e*o'ic a: 'n s f •:/> "v-.,: cfc.t t* t i ">•■(; che* Po p i iee A \o C" icious se^c' ojv tf, Si. ;i sneciaiities S4" j, "ve(l HIITOS ISThHSATIOSAISIM.AI'ORI Be in vogue "'II k v Wry Ihhiv«*
      76 words
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      Page 8 Advertisements Column 5
      39 8 *!< tu W Ki' Merlin's New Tavern Bar k's totally new. Painstakingly furbished to create just the right ambience for you to unwind after a hard day's work, before dinner, or to round off a perfect evening. hours from 5.00
      39 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Increase in sales of Credit Suisse gold bars
      650 9  -  The high level of gold price is unlikely to deter buyers as the price is still within the average customer's reach. By LEE YOKE MENG SALES of Credit Suisse gold bars have shown a spectacular increase since the end of last year
      650 words
    • Article
      Lock icon Dollar in price trigger area
      181 9 Reuter THE DOLLAR rate of 1.7260 marks probably pierced the 5 per cent depreciation which Opec has warned could trigger another oil price increase this year, Harris Bank international money desk manager Jeffrey Chisholm said. The exact rate that would equal the 5 per cent
      Reuter  -  181 words
    • Article
      Lock icon ANGLO YUGOSLAV DEAL
      89 9 Reuter M ANUF ACTURERSH a nover Trust Co said its subsidiary Manufacturers Hanover (Delaware) Inc and Barclays Bank International Ltd agreed to form a London based consortium bank with eight Yugoslav banks. Manufacturers Hanover and Barclays will hold a 25 per cent interest each in the consortium
      Reuter  -  89 words
    • Article
      Untitled
      225 9 THE AUTHORITIES have in past years been encouraging the growth of the gold market as part of an integrated plan to establish Singapore as a financial centre for the region and the world. It has succeeded conspicuously in several areas in building up the US$34 billion Asian dollar market from
      225 words
    • Article
      Sterling drops in mid-September
      263 9 CONCERN over mounting labour unrest within the UK and the heavy move out of the pound in anticipation of the European Monetary System (EMS) realignment resulted in a sharp drop in the sterling rate against the dollar and the major European currencies in mid-Septem-ber. Sterling,* however,
      263 words
    • Article
      Higher bid deposit
      90 9 THE General Services Administration announced the bid deposit at its next gold sale on Oct 16 covering 750,000 troy ounces will be set at US$3O per ounce, up from the previous level of $10. Administration officials mM the increase in the bid deposit reflects the recent strong
      90 words
    • Article
      BIAN CHIANG NAME CHANGE
      154 9 SARAWAK-BASED Bian Chiang Bank has changed its name to Bank of Commerce Bhd to "reflect the recent growth in the bank's national and international connections." According to a release from the bank yesterday, this is in line with an earlier proposal that the bank's name be
      154 words
    • MONEY AND EXCHANGE$
      • Article
        Asian $ rates
        179 9 Asian rates ASIAN currency deposit Interbank rates as at close on Oct 4: US Mfen4*M*> Offtr M 7 days 11*. 12". 1 month 13 13/16 13'. 2 months 13 1/16 1215/16 3 months 135/16 133/16 6 months 13'. 13 3/16 9 months 12'. 12H 12 months 12 9/16 127/16 8w.Fr*.
        179 words
      • Article
        Discount
        51 9 RANGE of prices offered by discount houses on Oct 4: Overnight SB 5' HI Call deposits V t r A Closiag Bayix Selling 3 month Treasury bills 5 SH 3 month BSank bills 8 7/16 8 5/16 3 month CD 811/16 89/16 6 month CD Source: National Discount Co
        51 words
      • Article
        PLR
        22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 8.9 per cent.
        22 words
      • Article
        Australia/NZ
        56 9 AUSTRALIA/NZ exchange quotes on Oct 4: US dollar 1.1278/1.1230 Sterling 0.5181/0.5119 Ninety-day air mail buying rates:' Sterling 0.5408 US dollar —1.1714 Ninety-day forward buying rates: Sterling 0.5242 US dollar —1.1373 NEW ZEALAND: Reserve bank midrate: US dollar -1.0001 Trading bank indications: Sterling 0.4595/0.4565 US dollar -1.0051/0.9951 Ninety-day airmail buying
        56 words
      • Article
        JO'BURG PRICES
        309 9 OCT 03 Rand INDUSTRIALS A Alpha 210 Abercom AE And CI AMIC 290 515 I960 -10 •10 unch Barlows TO -15 Cf Sugar <20 -ft CNA Currte Finance De Beers Ind 315 130 ***** 5 1 Edcon Edgars Eve ready Fed Vol* 410 4060 unch K 256 unch
        309 words
      • Article
        Gold
        334 9 THE SINGAPORE gold futures market yesterday closed between U5522.90 and U5530.20 lower in active trading, dealers said. Trading was temporarily suspended yesterday morning as prices (ell limit-down, in line with lower overseas advices, they said. Turnover fell to 446 lots from 589 on Wednesday with interest mainly on December
        334 words
      • Article
        London
        278 9 THE US dollar eased a little in quiet but nervous trading here yesterday morning, although operators remained reluctant to sell the currency short in case the US announces measures to aid the dollar, dealers said. The dollar opened at 1.7522/32 marks compared with a late Hongkong quote of 1.7586/7600
        278 words
      • Article
        Hongkong
        185 9 THE yen finned in late Hongkong exchanges yesterday following Bank of Japan deputy governor Haruo Maekawa's statement the bank may raise its official discount rate, dealers said. After remaining stable around opening levels this morning, the yen firmed to a late 223.40/50 to the US dollar after an opening
        185 words
      • Article
        Tokyo
        112 9 THE US dollar for overnight delivery yesterday closed sharply lower at 223.50 yen, compared with a 224.50 opening and 225.50 at Wednesday's close, dealers said. The dollar came under increased selling pressure from both Japanese and foreign banks in active late trading following Bank of Japan deputy governor Haruo
        112 words
      • Article
        Singapore market
        508 9 THE US dollar took a steep tumble in yesterday's foreign exchange market, especially against the yen. Trading throughout the day was active, with dealers attributing the dollar's increasing weakness to the Bank of Japan deputy governor's announcement of a likely rise in the Japanese discount rate. The dollar
        508 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      185 9 SINGAPORE MORE TO COME MC(P) 93/V79 \a3NO9WiSEPTEMBER 1979 PWCE $300 H| *~rNil 23 a X t" S3? %&> 9>Y w s f4l£ vow m r m The troubled world economy notwithstanding, some sectors of the Singapore economy look set to enjoy continued growth. The September issue of Singapoce Business looks
      185 words
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  • Article
    BUSINESS DONE ON THE SES & THE KLSE
    1716 10 BUSINESS DONE ON THE SES THE KLSE BID aad offer prices officially listed aad tWMhuw la an reported to lite Stock Exchange of Singapore yesterday with (he number of shares traded shewn in brackets in lots of I.MO units unless otherwise specified SECTION ONE INDUSTRIAL COMMERCIAL Aemm (141S) (3) 140
    1,716 words
  • Article
    Unit trusts
    149 10 HNGAFOU UNIT TBWT (Mi—awi' prtM tar Oct f) The Commerce 2.X 2 34 The Saving FVmd 1«2 1.51 S pore Prog Fund O K 1.03xd S pore Sec. Fad 1.74 1» INCOME BOND UNIT (Carnalt pin—) Income Bond 1.14 MAEA Bl MIPtTKA 1.20 S pore Equity Fund 1.J0
    149 words
  • Article
    SHARE INFORMATION SERVICE
    2733 10 1979 High Low Company Last Sale or Gr'» Div Div C'vr Gr'» Net Y'ld P/E Vol Day COOO) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 261 207 Acma 196 123* Alcom 148 110 Allied Choc 180 140 B A T 272 255 BaU 74b 57b Ben 255
    2,733 words
  • Article
    In Kuala Lumpur
    1824 10 BID and after price* officially listed and hutlnti in aad reported to the Kuala Lumpur Stock Exchange yeaterday with the number of ihara traded shown in brackets la lota of 1.000 units ualeas otherwise specified INDUSTRIALS. AJMfiil (1MB) Abaa (l.fcß IMS) (3) 1.96 id A Cbse (1.308
    1,824 words
  • Article
    Sovran
    54 10 AT Sovran Industries' EOGM on Sep 26, sharefaokters Approved the sale of Its entire hohMng of one million ordinary Abnb of H each fully paid In Kolok Malaysia Sdn, repreaenting 1M per cent of the lamed capital of the subsidiary, to Fancy Tile Works for a total cash consideration
    54 words
  • Article
    United Motor
    19 10 UNITED Motor Worts (M) has mMtoteJ Datok Dr Mokhazani bin Abdul Rahim to its board of director*.
    19 words
  • Article, Illustration
    Plantations, minings in limelight
    624 10 PLANTATION ui mltfag teniftu(MilhefeMfight ii a generally n—ibdatiag market at Mm Stock ffithmn «f Wappiff terday. MoiefM gain were p«M la Ike live weed toMMhll!" Mttw'aSl Km. Uatll yeiltrlay, the teri had beea everhy the rat af the Baarhet feilewtag the reeeat paatdie ehaage hi aeatlmmL
    624 words
  • Article
    Interest at KLSE shifts
    564 10 COMMODITY stocks came in for some bullish treatment on the Kuala Lumpur stock market yesterday to close markedly higher. The shift of interest was apparent right from the opening bell as buyers went on a moderate buying spree among the tin and rubber issues. By noon,
    564 words
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  • COMPANY NEWS
    • Article
      Sin Heng Chan (M) hit by higher costs
      727 11  -  By CHAN BONG SOO RECORD turnover at Sin Heng Chan (Malaya) failed to mitigate the combined effect of rising commodity prices and competition bordering on beggar-thy-neigh-bour sales tactics. Profit margin was so badly eroded that for the six months ended June 30,
      727 words
    • Article
      Ajinomoto (M) sees modest improvement
      258 11 SUCCESSFUL rationalisation of factory operations to cut costs and slightly higher export sales have enabled food seasoning manufacturer Ajinomoto (M) to post a moderate improvement in interim earnings. Unaudited group results for the six months to June 30, 1979 show a 9.5 per cent rise
      258 words
    • Article
      COMPANY MEETINGS
      123 11 UNITED Asbestos Cement Bhd: EOGM and AGM to be held at 12th Floor, Fitzpatrick's Building, 86 Jalan Chulan, Kuala Lumpur, on Oct 9 at 11am. Bukit KatU Ratter Estate Bhd: AGM to be held at No 72 (Upper Floor No 20), Jalan Belanggang, Malacca, on Oct 10 at
      123 words
    • Article
      San versus San suits settled
      412 11 SAN HOLDINGS has furnished brief details on the settlement of two long standing civil suits involving its subsidiary San Development Company and two other parties, San Regal House (Pte) and Mr Choo Kim San (former managing director of San Holdings and San Development). The first
      412 words
    • Article
      Austral surges ahead
      259 11 AUSTRAL Enterprises, a subsidiary of Island and Peninsular (which, in turn, is owned 50.8 per cent by Pernas Securities) has surged strongly ahead at midterm, boosted by favourable palm oil prices and substantial increase in output. For the six months to July 31* Austral more than doubled
      259 words
    • Article
      DIVIDENDS ANNOUNCED
      564 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Chem lad 10%(b) Sept 19 Sept 26 Oct 8 10% 10% TE Fed Cables 3%ITF Sept 5 Sept 15 Oct 8 3%TF K L Kepong 10% I Aug 29 Sept 9 Oct
      564 words
    • Article
      SCRIP ISSUE
      109 11 Company Particulars Ex Date Books Close U AC Rolkaui SEA Corp Temerloh Fancy Tile M U lad Bonus Issue of 1 for 3 Bonus Issue of 1 for 5 Bonus Issue of lfor 1 Bonus Issue of 1 for 1 Rights Issue of 3 for 2 fe $1.30
      109 words
    • Article
      Mega Chem firmly on the road to recovery
      549 11 DESPITE being saddled with a loss-maker in whollyowned House of Furniture, Mega Chemicals appears to be gradually but surely returning to a position of health. This is confirmed by its latest results, which show that profits earned by the parent company have
      549 words
    • Article
      Killinghall (M) maiden dividend
      249 11 KILLENGHALL Tin (Malaysia), which was formed early this year as the holding company for UK-based Killinghall Tin Ltd (KTL), has posted a group pre-tax profit of M 52.48 million for its first six months of operations to June 30, 1979. This was achieved on the back
      249 words
    • Article
      Lock icon Partial discomfort
      591 11 uW by HOCK LOCK SIEW IT WAS reasoned earlier in this column that the Jack Chia group's purchase of a near 20 per cent stake in Malayan Credit could ultimately lead to some kind of union between JC-MPH and the property group. Credit's latest proposal to acquire a
      by HOCK LOCK SIEW  -  591 words
    • Article
      RESULTS DUE
      81 11 Date Last Pull Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Div. Profit <%> Fancy Tile I 14/9 8.3 1,010 Bo vis v I 15/9 14.509L D Keramat I 20/9 89.8 146.5 25,895 Mai Bank F 23/9 28.6 17.5 25,742 Robinsons F 26/9 14.1 15.0
      81 words
    • Article
      Pan-Electric scraps plan
      74 11 IN PAN-Electrie's annual review last year, the chairman had spoken of certain negotiations which could lead to the acquisition of a 50 per cent share in a Singapore company specialising in the productoon of pressure vessels and heat exchangers for the petroleum and chemical industries. However, in
      74 words
    • Article
      George Kent
      18 11 GEORGE Kent (M) said Mr Yong Teck Yu has been appointed to the board of directors.
      18 words
    • Article
      Talam achieves rise
      307 11 TALAM Mines, aided by attractive tin prices prevailing, has managed to post a 12.2 per cent gain in pre-tax profit to M 5427,186 for the half year to July 31 despite lower tin production. The company, which is owned 60.08 per cent by Island and Peninsular, managed
      307 words
    • Article
      COMPANY BRIEFS
      262 11 HARIMAU Investments 7 per cent Convertible Unsecured Loan Stock 1978/1983: Shareholders are entitled to convert their holdings of loan stock into fully paid ordinary shares of Harimau between Nov 1 and Nov 30. During this period, loan stock holders may convert the whole of any part of their-holding
      262 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      64 11 KEEP UP WITH YOUR MANAGING DIRECTOR Subscribe today and save more than 20% off the newsstand price.... Just complete the coupon below and mail it, together with payment, to: Times Publishing Bhd. AW SJ Subscription Dept. Times House River Valley Road Singapore 0923 Please enter my subscription for 3 months
      64 words
    • Advertisement
      Page 11 Advertisements Column 2
      198 11 OPPORTUNITY IN JAPAN BUSINESS SEGMENT MARKETING MANAGER The successfully established, whollyowned Japan subsidiary of Richardson Merrell Inc., a world-wide Manufacturer of well-known Pharmaceutical and Toiletry Products, is looking for a Marketing Manager to assume responsibility for the eistablishment and achievement of Operational and Financial Objectives for a major, consumer-advertised Business
      198 words
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  • Article
    An extra $5.4m generated says witness
    155 12 AOCOU NT ANCY expert Awther Singh yesterday contended that the imposition of the Melbourne Unit Trust (MUT) in the Haw Par Brothers International Ltd (HPBIL) consolidated accounts in a notional consolidation had "generated" an extra $5.4 million in profits for the Haw Par group
    155 words
  • Article, Illustration
    Lock icon SADAT'S NEW ARMS
    65 12 President Anwar Sadat of Egypt (centre right) with Vice-President Hf| Mnbarak ((rent left in suit) and Defence Minister General Kamal Hassan Aly (right) Inspecting Americanmade missile carried by the newly arrived Phantom F-4 Jet fighters at a military show on Tuesday. The planes, missiles, and other military
    AP photo  -  65 words
  • Article
    S'pore Slipway wins contract for 6 ships
    321 12 SINGAPORE Slipway and Ungineoring, the subsidiary of Keppel' Shipyard, has won contracts to build six vessels and to convert four ships. The largest contract was signed with Aramco and Alreziza Trading for two 6,000 hp flanking rudder tugs, one 4,000 hp Voith Schneider
    321 words
  • Article
    Medical Council suspends three
    236 12 THE SINGAPORE Medical Council has suspended three doctors from its medical register following a disciplinary inquiry into complaints against them. Dr Kutbuddin F Dohadwala was censured and suspended for six months effective from Oct 22. He had allowed two of his clinic assistants, who were not
    236 words
  • Article
    Small companies need specialised financial aid
    375 12  -  By COLIN CHEE A VICE-president of a multinational furniture company -has called for the formation of a specialised financial institution to help small companies. Mr Robert Quek of Teakwood Holdings suggested in the latest annual publication of the Institute of Banking and Finance that
    375 words
  • Article
    Lock icon Japan may get less oil
    68 12 Reuter JAPANESE refineries face further crude oil supply cuts from major international companies, which might have to be covered by increased spot imports or drawing on the country's private 87-day stock- pile, industry sources said. Idemitsu Kosan said Gulf Oil, which supplied 6.9 per cent
    Reuter  -  68 words
  • Article
    LONDON STOCKS
    836 12 LONDON, Thurs. Equities fimed in moderate trading as operators hoped that talks today, aimed at settling the engineering dispute, will be successful, dealers said. At 3 pm the FT index was up 5.0 at 481.5. Industrial leaders were mainly a penny to 5p firmer with EMI adding 4p
    836 words
  • Article
    Wage cost lowest in manufacturing sector
    632 12  -  By LEE YOKE MENG EMPLOYERS o( the manufacturing sector have long complained of the sharp increases in their costs of production. But, surprisingly, the manufacturing sector has actually the smallest wage bill, said a prominent Singapore University economist. In an article entitled ','CPF: What
    632 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair. Report for 24 boors prior to 7.St p.m. on Oct. 4 at the airport. Maximum temperature 32.0 Associated humidity 58 Minimum temperature 25.3 Associated humidity 93 Hours of sunshine 9.70 Rainfall in millimetres Nil Total rainfall for the
      59 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Deepa Molek sinks
        105 13 AFP A 460-TON Indonesian cargo ship, the Deepa Molek, has sunk just outside North Sumatra's main port of Belawan with some 320 tons of general merchandise and other cargo on board. The Antara news agency reported that the ship's captain and 17-member crew were rescued by another
        AFP  -  105 words
      • Article
        Lock icon Call for strike
        59 13 UPI THE communist-led General Labour Confederation (CGT) has called for a strike aboard all French merchant ships between Oct 10 and Oct 31. The strike order was issued after the French Association of Shipping Lines turned down the CGT's bid for a minimum 200 franc (Sslo3) monthly
        UPI  -  59 words
      • Article
        Lock icon Ship sales
        100 13 Reuter LONDON second-hand tonnage brokers reported the sale of the 17,300-long-dwt tanker Sincerity (built 1958) to Continental buyers at around US$l.9 million, the bulk carrier Oslo Venture (60,593 long dwt, built 1974) to free flag buyers for around $13 million, and the bulk carrier Finnish Wasa (26,562 long
        Reuter  -  100 words
    • Article
      Singapore's role as a shipbroker
      643 13  -  GREAT POTENTIAL By RAHIM KASSIM EXCEPT for the lack of expertise, Singapore has great potential to develop into an important shipbroking centre that could complement the long-standing Baltic Exchange in London. "The stage is set, so to speak, for the Republic to play a leading
      643 words
    • Article
      Lock icon London freight
      254 13 UPI EXPANDED Nerth Americas pita vtyige flxlag nmd to i—s—<rata i slight MttUig «f rates since tkc nent riiirp ■pmtag. Tradax pate $11 ((to) to tkc Sastt fUimktn far a Ujm t—-mid-October shlpmeat (ram the US Gal( to Hellaad, whereas reeeat h—taess tacladed W-IS,*! teasers at $11 Miars.
      UPI  -  254 words
    • Article
      Lock icon Extending Seaway shipping season
      255 13 Reuter THE LEADERS of the US and Canadian agencies which operate the St Lawrence Seaway will meet on Oct 11 to discuss prospects for extending the shipping season beyond its scheduled closing date of Dec 15. Mr Paul Normindeau, president of the St Lawrence Seaway Authority,
      Reuter  -  255 words
    • Article
      Lock icon Firm dry-cargo market
      214 13 Reuter A CONTINUATION of firm conditions in the dry-cargo markets looks certain for the remaining months of the year, London shipbroker Matheson (Chartering) Limited said in its September chartering market report. The seasonal expansion of demand which is usual in the autumn has received an additional boost
      Reuter  -  214 words
    • Article
      SHIPPING LIST where your ships are due ... and when
      2007 17 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for Ports around the World j 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
      2,007 words
    • Article
      Container Schedules
      875 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      875 words
    • Article, Illustration
      Where cargoes look for ships and vice versa
      984 18 Under the dome of the vast marbled hall, frock-coated functionaries scurry among small groups of sombre-suited City gentlemen. Business is under way at London's old shipping exchange, the Baltic, where deals are still sealed by a handshake and the time-honoured phrase, "It's
      984 words
    • Article
      SURVIVOR RELATES SHIP DISASTER
      214 18 A SURVIVOR from a shipping disaster who spent three weeks drifting in a liferaft in the Indian Ocean told how he watched helplessly as his crewmates drowned in mountainous seas. Kim McPherson, 25, South African-born but now a naturalised Australian, was chief officer of the 1,776-tonne
      214 words
    • Article
      SHIPPING INDEX
      542 18 Shipping Line ACS Afea Alfred Alpac Angkutan ANL APL Arya Nat ASCL Asia America Asia Merchant Atlas Aust.Cont P»ge n IV V IV V i m n m n n IV IV C4 5 3 3 5 5 1 2 5 1 5. 5 4 5 Baltic Bank
      542 words
    • Article, Illustration
      SHIPS IN PORT
      467 18 EXPECTED ARRIVAL# TODAY KEPPEL WHARVES Botany Triumph (Tanker) (after Dove P/O subject gas free) 13/14 Henriette Maersk (after Wah Fal) 45 Nedlloyd Kobe (reberths after Nedlloyd Amsterdam) 3/4 Petro Empat (Tanker) (after Botany Triumph P/O subject gas free) 13/14 Savannah Maru ..(after Sophie Rickmers) 44 Straits Hope
      467 words
    • Article
      Liverpool port traffic likely to drop
      342 18 THE PORT of livOTiilt ■hare of UK traffic to likely to decrease, aad It to sat eeatral to the MenejnUe eceaemy, according to a three-year research preject by Liverpael Ualveraity. Bat Mr James Fltxpatrtck, maaoglng director sf the Merseyride Dscks aad Harboar Csmpaay, criticised
      342 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      530 13 Scan Dutch Fast and Regular Service To/From N.C./SCAN/W.MED./U.K. S.nqaporp T e Pon Keiang Tel *****1 Kuala.Lumpur Tel ***** Penang Tel *****6 IA R 1)1 M AMAH Orient Overseas Co*tlcu*t&i Line FULLY COWTMHEWSED SERWCE TO EUROPE (VIA SUEZ) Spare PKelang LeHaneß'dam FstomtTburt Antwerp NTAMER3N 13/10 14; 10 30/10 31/10 1/114/11 7/11
      530 words
    • Advertisement
      Page 13 Advertisements Column 2
      234 13 m ssi SEALORD ANTAI 1 UASC UNITED ARAB SHIPPING COW Kuwait (28/10), Shuaiba (31/10). Oammam (4/11). Dubai (6/11) Kuwait (16/11), Shuaiba (19/11), Dammam (22/11). Dubai (25/11), Muscat (28/11) Dubai (18/11). Abu Dhabi (21/U). Doha (24/11), Dammam (27/11), Kuwait (30/11) Kuwait. Dammam. Dubai FULLY CONTAINERISED SERVICE DCPMTUm TO US*. CAM AM
      234 words
    • Advertisement
      Page 13 Advertisements Column 3
      258 13 BEE PAGE VI fp.NOL NEPTUNE ORIENT UNES LTD FAR EAST EUROPE FULLY CONTAINERISED SERVICE itim .;i .yn >4 Hawe, Rdam F sIo« H tmr| Brem A «erp 29 Oct 30 Oct 31 Oct 3 No. 4 No. 6 No. 7 No. 9 No. 7 No.* 11 No. 12 No. IS
      258 words
    • Advertisement
      Page 13 Advertisements Column 4
      448 13 Nedlloyd Lines Regular Liner Services To/FrQm All Parts of the World. Singapore Tel *****1 Port Kelang Tel *****1. Kuala Lurtipur Tel ***** Penang Tel *****6 MAERSK LINE Far U S Pagfcc. r**c MUtM Attar*. East Canada and Mauca (Mso i lor Hotifkont Taiwan. Japan and I :al 1 I.TI '"1
      448 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      823 14 W PU.IT CONTMOtSQ) TO EMOTE Cardan Kir CttrrtE*. T*Mt [>rni HwiMat E«ms U/U 3/12 5/12 6/12 «/12 BMWK 19/11 21/11 10/12 12/12 13/12 15/12 Haa*w|£ipeu 27/11 29/11 19/12 21/12 EXPRESS COMfENTKMM. TO EIUOfE S'pw* PKetanf Pn Mm Genoa WWj Br amen Um Artvwp NiMa 3/10 6/10 3/11 12/11 10/11 8/11
      823 words
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      313 14 M bofoer blue seo L Fwk US AURIC Ml fIV i IMICMRM (IOVT-un CAMOTY m TORS) Tc DUBAI, M—i, KIMMT. MM OHAH, BMfIUUN, MNDM SHAWM TEIENDOS Vor 4A Singapore Nov 16/17 TlOSltoy. M S<n«apore Jan 2/3 TH ***** HARRISONS CROSFIEID (MALAYSIA) SON BHO KUALA LUMPUR *****1 PORT KELANG 6701/4 PERNAS
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      Page 14 Advertisements Column 3
      505 14 FAR f AST fUROPf EXPRESS Ml CONtAINfR SERVICE ACCCPTMG CARGO FOR; HAMBURG. FELIXSTOWE. ROTTEROAM. ANTWERP. IE HAVRE ALSO ACCEPTHG CARGO FOR: UNtTEO lUNGUOM SOUTHAMPTON. LONOON. MANCHESTER. BIRMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY EUROPE FAR EAST XPRESS FIJI I CONIAINEK SERVICE FAR EAST/RED SEA MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE
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      Page 14 Advertisements Column 4
      751 14 ?s B«nM Fivt Star ShippMf C«rpN. "BURMESE NATIONAL LINE" LOAOMG FOR RANGOON rpm »«N pagan a/a Oct a/a od HTANTANYWA k#ort/i Od SALOMON CAREER (LOAOMG FOR HONGKONG ONLY) 9/II Od 8 F S.S C Aotnti w\ Malayan TEPS MALAYSIA Poet K«kmg Td (38V7355 Peoono TM 62U1/***** Campania ArMntim Of "ARGENT
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      Page 14 Advertisements Column 5
      479 14 1 12L0 S E OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSF SHFNTON WAY MISTRI ROAD SINGAPORF 2 TFL *****44 7& *****70 IO SANKYO LINE iVfuM SUN UNION LINE OCEAN TIMBERS LINE ■DEPENDENT BOMBAY/CALCUTTA P. GULF SERVICE Singapore P.KeUnf Penanf 24/25 Oct DAMUN GENERAL KENT! SUB
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      Page 15 Advertisements Column 1
      892 15 Overseas m Containers Limited Weekly service to/from UK/Europe To UK/Continent S>w FJUmi S3 UwpeeHar bNrt 2* Oct XQd TM» tar 1) Oct 14 Oct IMm s*« c«ap>m aw 7NM ib, OtytfEM.* MM 11 Mr U ft* TMfc Eipreis 27 Od 14 li Rm (eaMalar 31 Od 17 Nm 19 Nm
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      Page 15 Advertisements Column 2
      665 15 GRANARD LINE RED SIA/MEOITERRANEAN SERVICE 1' G'anard Shipp'iq Aqi>nc«s iS Pte Ltd Tel ???5977 Lines O.r. i 'jo.ng San Rhc 4 .1 Slipping 4 'Jfl.ng f ">. c fre FUU CONT Franco Belgian Services SOWICE TO EUROPE. SMGAPORE P KEUNG It Ha.re H'Durt Brwn C. CONTMCI 13 Oct 14 Od
      665 words
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      Page 15 Advertisements Column 3
      848 15 I'd BEN LINE CONTAINERS' 2£»lte* MkUpMH Imp HH lirtu Mm EXPRESS CONTMO SBHCE TO/FROM EUROPE MWIG BHAVEN ROAM HAMS SOTQN Spvt P MMt Germany Ae**" 4 Antwerp f ranct AC U R 12/11 M/ll VU VU 1/11 l/u 1/U M/ll »/U VU M/ll 12/11 Vll L* M/ll U/U IVU 14/U
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      Page 15 Advertisements Column 4
      315 15 Scan Dutch V sa»» I) 23/10 i«/n 11/10 a/io 4/11 M/ 10 14/11 vu a/u U/U 21/11 21/11 J/12 22/11 12/12 4/12 U/12 nMcuo 13/10 rRAICESCA I 20/10 BUNGAONOJA 77/10 FRANCE SCA I 2/11 l/l 1 14/11 a/u 30/11 mm mi ssnsT Otl Jl/Maa 1 1 Nat 10/20 17/1 3G
      315 words
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      Page 15 Advertisements Column 5
      482 15 BOUSTEAD AGENCIES THE BANK LINE LTD LOADS FOR E. 4 S. AFRICA "KATERMA WCmilß (•mum Durban Ctowi Pt Eki. E London) liwlifl 11/11 Oct Sport LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) Soif apart P Keiang Kuantan US GhR MASON ITKES (loads) -ki Port/0 Oct
      482 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      1000 16 I. "K line KAWASAKI RISEN KAISHA. LTD. TO EUROPE Spore P Kelang i Ham R(U<r> Hburg Bremen A werp C CONTAI4ER 3W 13 Oct 14 Oct 79 Oct 30 Oct 3 No. 4 too 6Nw SSBRCGE23* 20 Oct 22 Oct 1 »*>' 9 *>. 12 No. 15 No. N CORAL
      1,000 words
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      Page 16 Advertisements Column 2
      658 16 CALffORMA/PACffIC NORTH WEST SERVICE laad* tar LOS ANGfUS. MM fIMCSCO. StATTU. TACOMA. tMCOWO IX EXPRESS CONTAINER/CONVENTIONAL/ REEFER SERVICE Paaaai f. Katant Soppart I M(ttt -iormmuta" t/um it/12 oa 13/isoct fan "10 MORA HtRKST 15/11 far 17/11 Rat 11/ a Nat 110k ~vo mmrm- a/ao«c 3itac/ii» 2/3 m atm AUSTRALIA SERVICE
      658 words
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      Page 16 Advertisements Column 3
      629 16 HIM lIHMIM (.roup SINGAPORE SHIPPING AGENCIES PTE LTD f AN Hv'L 0 N ■> N Ai>t SI S C.t Nt A l'« AH. I Ifrijioiial lluiilniiirr Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK DSRLIMES^ _7- HONG KONG ISLANDS LINE f-i h U I I I <U t»AM AST VIOCH I lAS
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      Page 16 Advertisements Column 4
      847 16 MAI>4VSIAK I*Tf*NATIONAL SMtMNG CO**O*ATlOH tfHHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA RPTMMB: f «4" itsstt Sport nmxscA s/io won 9/10 B DMlft 13/10 SUM 14/10 rwtetsa 20/10 nco ocom a/10 MM* 27/10 NED HOOfM 30/10 FMNBSCA 2/11 TOYMM t/U B OMCH 1/11 KOMBGAN 13/11 FOMCESCA 14/11 lUTUMM 20/11 MplnirtaFtr 1)
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      Page 16 Advertisements Column 5
      672 16 INTRASEA (PTE) LTD f .tbf House 234E Orchard Road Sinqapo'p Telephone ***** m 235-3057 rs REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'pert P. Keiang 14 Oct II Oct 31 Oct 5 Nov Aran (UK)/Boulogne Rotterdam/An twerp/ Avon (UK) Boulogne/Avon (UK) WIASEA (PTE) LID *****11 BOOKMG *****57 K. umfm fEOSWTMG
      672 words
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      Page 17 Advertisements Column 1
      294 17 INTFRNATIDNAI I INF (Fll I INTERNATIONAL LINF (EIL) EGYPTIAN FLAG I FROM EGYPT ALEXANDRIA SINGAPORE Mi U SID OCT 3 OCT IS I GtNfRAI AGfNTS L N SHIPPING PTE LTD If I *****11 t SINGAPORE 11* RS2IOI SUB AGfNIS HSH M SON BHD IF! *****3 *****7 (Kl i *****6 iPKi
      294 words
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      Page 17 Advertisements Column 2
      295 17 FAR EAST WEST AFRICA SERVICES FCL LCL TO LAGOS/APAPA, DOUALA, PORT HARCOURT, TEMA, ABDJAN AND MONROVIA VESSEL Spore La|os Tema A'jan M'ria POM P 21 Oct 25 Nov 3 Doc 5 Doc 7 Doc HEROMAE 26 Mo* 24 Doc 1 lan 3 ion 5 lon FRATA SHIPPING PTE. LTD SWGAMNE.
      295 words
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      Page 17 Advertisements Column 3
      286 17 q~\ COMBO LINE REGULAR AMBER/PLYWOOD BULK •a :VjW TEESTA NOOI P KELANG LDG. FOR: 10/10 Nantes/Newport 16/ JO Nantes/Newport AGf NTS Spore Magna Shipping <Pt f ltd for Bookings contact Mr Francis leo lohnn, Kee Tel ??***** b ??0b793 4 Pt Kelang Perkapalan T*nur 1 jut Sdn Bhri Tel 38
      286 words
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      Page 17 Advertisements Column 4
      381 17 fc*sT7 GOLDEN LINE CHUN MAN SHIPPING (PTE) LTD a mo «ra swn. sbwpoiii m H7122 <is u«) I T* Kiuto Unpw M2ll. P. Krinf 317X1. Poia* XS4X am uon mnac m mn STRAITS/PERSIAN GULF SERVICE: coun NOBS Mrat. Ku»*t Israeli (/I Oct GOUOI HAVEN tank 15/20 Oct N. MALAYSIA/STORE E.
      381 words
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      Page 17 Advertisements Column 5
      413 17 NOTICES m-»- "MELON KING" V-ll arrived Zftk September. MB G*w N«. 4. Consignees of all damaged cargoes ex the above captioned vessel are notified that the General Survey will be held on Monday. Bth October, 1975 at Jurong Port Godown No. 4 from 10.00 am to 3.00 pm. No further
      413 words
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