The Business Times, 22 February 1980
1980-02-22
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20
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The Business Times
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Title Section9 1980-02-22 1 BUSINESS TIMES M.CXP) No. 111/1/81 FRIDAY, FEBRUARY B,IIM SOCENTS9 words
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BRIEFLY...
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Article57 1980-02-22 1 TOKYO, Thurs. Singapore Deputy Prime Minister Got) Keng Swee will make a five-day official visit to Japan starting on Sunday, the Foreign Ministry announced. Mr Goh, who is concurrently Education Minister, is expected to hold talks with Prime Minister Masayoshi Ohira, Foreign Minister Saburo Okita and Education57 words
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Article64 1980-02-22 1 AP Reuter LONDON, Thurs. Gold was fixed at U*****.00 a troy per ounce this afternoon, up from the $646.50 morning fix, and up from $606.00 at yesterday afternoon's fixing. In HONGKONG, the international gold price closed at US$655/659 an ounce, slightly below the New York $657/663 overnight closeAP; Reuter - 64 words
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Article76 1980-02-22 1 Reuter LONDON, Thurs. Kuwait Oil Minister All Khalifa al-Sabah said oil exporters were finding no difficulty in selling their crude at current prices and there was no pressing need for a return to a single base price for Opec oil. He confirmed that Kuwait planned to cutReuter - 76 words
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Article73 1980-02-22 1 Reuter WELLINGTON, Thurs. Trial shipments of New Zealand coal are to be sent to undisclosed users following a market trip by government officials to Japan, South Korea, Taiwan and Singapore, state coal mines manager, John Smith, said. In a statement he said negotiations had taken place withReuter - 73 words
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Article69 1980-02-22 1 AFP JAKARTA, Thurs. A UN conference on refugees might be held soon to discuss the financing of Vietnamese and Kampuchean refugees in South-east Asia, Indonesian ambassador to Thailand Hasnan Ha bib said today. He denied reports that food supplies for the refugees were running out. "It is notAFP - 69 words
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Article68 1980-02-22 1 Reuter INDIA has been asked by the United States to join Pakistan and China in a regional defence arrangement soon after the Soviet military intervention in Afghanistan, Indian High Commissioner Bhupath Oza said today. The suggestion was made to the previous Indian government which rejected it outright, MrReuter - 68 words
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Article97 1980-02-22 1 AP NEW YORK, Thurs. The stock market was mixed. The Dow Jones average of 30 industrials slipped 2.30 to 884.56 in the first half hour. But gainers took a 4 to 3 lead over losers in the early tally of New York Stock Exchange-listed issues. Analysts said theAP - 97 words
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Article139 1980-02-22 1 Rises Malayan Tin 3000 +200 I C B 480 +38 Sovran 340 28 Tu Choag 545 25 Milan Ctainera 300 24 Temerloh 780 20 Cold Storage 314 17 Bolton 250 10 Taaek Cement 430 14 F E Levlagaton 285 13 Straits Trading 900 10 Tractor* 730 10139 words
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Article, Illustration153 1980-02-22 1 Rises Temerloh 770 +35 Tan Choog 545 +25 C Storage 320 Aokam 520 +20 Bolton 2G0 +18 M Contain 388 +18 HI ALo 560 15 Kramat 630 +15 Sentosa 138 +10 Falls A Amal 840 -30 SKinta 1220 -20 Sg Besi 1420 -20 Riverview 328 -16 Kuchai 285153 words
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Article720 1980-02-22 1 CATHERINE ONG - ONE-FOR-THREE BONUS ISSUE By CATHERINE ONG THE inspiring interim results of Asean conglomerate Sirae Darby Bhd announced early yesterday morning gave a healthy shove to an otherwise wavering stock market. The group whose shares are widely held both in Singapore and in its new country720 words
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230 1980-02-22 1 A FINANCIAL consultant said in a California court on Wednesday that evidence presented in the extradition case against international financier Amos. Dawe did.not show "sham" transactions. Robin Hill, a consultant was testifying for Dawe who is opposing extradition to Hongkong on four criminal charges. Mr230 words
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Article597 1980-02-22 1 HSUNG BEE HWA - By HSUNG BEE HWA A LOCAL company is taking steps to bufld up its pooi of expertise so that it can compete more effectively with foreign groups for large-scale civil engineering projects. Resources Development Corporation (RDC), a subsidiary of MND Holdings set up in597 words
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Article215 1980-02-22 1 IN A move which took the stock market by surprise yesterday, the Stock Exchange of Singapore (SES) suspended trading in the shares of United Industrial Corporation (UIC) pending clarification from the company on its announcement on Wednesday regarding the valuation of its shares. The company's announcement, made215 words
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229 1980-02-22 1 BtX «r seven new A aad W reataaraata, laeladlag "drtotoe", are expected to fee eet ap to Htogapetr this year, fertaglag the here to Her 11. A lew ef these will fee leeatod la towa eeatree ef hearing estates aad229 words
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484 1980-02-22 1 RAHIM KASSIM - By RAHIM KASSIM A HONGKONG based motoring company, M D Motors is investigating the possibility of assembling buses with Singapore built bodies for export to Hongkong. The buses are to be used between Hongkong and points in southern China to be operated by484 words
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Page 1 Advertisements
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Advertisement19 1980-02-22 1 SAFE WITH mans imp— mTCMwrn ito *1 Podmm Mock Gcxdhm Man Moc Moad S.r>9W« Td HIINM c*m susmcstcms s«<««<y>19 words
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Advertisement232 1980-02-22 1 Discovery Boom that Won't End Supply-Squeeze List. Grows Longer Doily In the midst of the latest GOLD-price eruption, it was suddenly rumored that a major diamond supplier might withdraw from the market. The Capital Gains Research organization had recommended DE BEERS at its lows of late- 78 and subsequently recommended232 words
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Advertisement10 1980-02-22 1 Lfto... Page I imiiDi SHIPPING TIMES IMPLICATIONS «f Swtas nwve10 words
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Advertisement148 1980-02-22 1 J ;7~ V ■V Dorit leave home without it ASIA RESEARCH BULLETIN JfKh ?g zm i This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is dividedinto148 words
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TRADE AND INDUSTRY
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397 1980-02-22 2 INVESTORS continue to show confidence in Singapore as an attractive investment haven, judging from the manufacturing investments made last year. Local and foreign investors committed about $945 million for investments here, showing a marked rise of 13 per cent over the 1978 level. Excluding397 words
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318 1980-02-22 2 A MAJOR reshuffle at the top management of Grant Kenyon and Eckhardt is being implemented to consolidate the company and to give more autonomy to individual companies within the advertising group. The holding company will be responsible for formulating the group policy and making318 words
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Article, Illustration220 1980-02-22 2 THE Strzelecki Ranges in south-eastern Victoria were the scene of one of Australia's most damaging agricultural failures. Between the 1800s and the onset of the Depression in the *****, efforts to replace the ancient forests of the Strzeleckis with pasture for sheep and dairy cows succeeded220 words
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444 1980-02-22 2 AUSTRALIAN expertise in oil exploration will be demonstrated at Offshore South-east Asia, the second Asian petroleum show and conference, which opens on Tuesday at the Hyatt Convention Centre. With more than 20 companies taking part, the Australians form one of the largest national444 words
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91 1980-02-22 2 THE Sbgapere battMe §t Standards ud btotrfal Beaearefc (Srisr) haa c—ipleted twe aew draft ipnrinritliM wUek are aew released far *"*lfte and Is ea steel flttag eaMaeto, a revtotoa aC 88 44:1f71. II ems ilairariia» aad deriga reaafceamts Car nafctorita lateaded far the storage ef91 words
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Article, Illustration114 1980-02-22 2 THIS IS the LeyUad Vehicles test track in Lancashire, which will be spent!—l this year, lie facility is part sf a £84 million vehicle engineering centre far research and development ef components and complete vehicles. He track has facilities for brake testing, noise testing, water splash trials,114 words
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224 1980-02-22 2 SINGAPORE has been chosen as the venue for a convention of Emery Air Freight Corporation's Pacific Division. Attending this conference will be country and regional managers from New Zealand, Australia, Japan and the Central Pacific, as well as senior executives from the Pacific224 words
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167 1980-02-22 2 SINGAPORE will be host to a Technology Exposition In an attempt to hasten the transfer of technology from the US and Europe to the rapidly advancing Asean economies. Trade Fairs and Exhibitions Pte Ltd, organiser of the exposition which be held in the middle167 words
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Article684 1980-02-22 2 COURSES AND TALKS Feb 4-29: Course for School Inspectors, RELC, Ministry of Education Feb 22: Technical Talk, RELC, Singapore Manufacturing Engineers Feb 26: Technical Talk, RELC, Singapore Manufacturing Engineers Feb 28: Quality Control Circle Meeting, RELC, SQRA Feb 28-29: Computer Appreciation, Shangri-La, Price Waterhouse March 3-4: How to684 words
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Page 2 Advertisements
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Advertisement492 1980-02-22 2 Announcing SIBUS'BO The Second Singapore International Business Show. T V*.. tM o*l management executives an excellent opportunity to dttcover iinmniHriinn their oretent ooeration to **"11 offid efficiency. Wtvw f^wvwi n *w »vvw» ''H'vw 1 fwy* An iniaHMVaiaAf a* ateo tie **?iw »a tl >|4| «Wa e re r A'rfct jparflcipante492 words
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REGIONAL
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178 1980-02-22 3 AFP HONGKONG'S re-exports reached a record of US$4 billion last year, an increase of 52 per cent over 1978. Official trade sources said the five largest markets for these re-exports were Japan at $496.4 million (up 9 per cent), the United States $399 million (up 62AFP - 178 words
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173 1980-02-22 3 Reuter WAGES of the Philippines' lowest paid workers went up by between 45 and GO pesos (US$6 to $8) a month yesterday under a martial law decree signed by President Marcos. In many cases, the increases, which go only to workers earning 1,500 pesosReuter - 173 words
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92 1980-02-22 3 AFP THE United Nations High Commissioner for Refugees confirmed officially for the first time yesterday that talks had been held with Hanoi and Phnom Penh on the voluntary repatriation of Kampuchean refugees from Thailand. Mr Poul Hartling, the commissioner, gave no details of discussions withAFP - 92 words
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Article, Illustration59 1980-02-22 3 Philippine Foreign Minister Carlos Romalo, 81, posing for photographers on Wednesday in a hospital in the Manila nbvk of Makatt where he is recovering from gall bladder surgery. Behind Mr Bomalo is his wife and to her left is the chief snrgeon mi the t***wi that removed MrAP photo - 59 words
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404 1980-02-22 3 AFP Reuter THE foreign ministers of the Association of South-east Asian Nations (Asean) will meet with their counterparts of the European Economic Community (EEC) in Kuala Lumpur on March 7 to forge closer political and economic ties between the two organisationsAFP; Reuter - 404 words
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THE REGION IN BRIEF
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Article467 1980-02-22 3 Agencies AGRICO Chemical Co of the US has submitted a proposal to the Board of Investment of Thailand to build a fertiliser complex using natural gas from the Gulf of Thailand as feedstock, a Thai government source said. Agrico president DW Calvert is expected to arrive inAgencies - 467 words
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136 1980-02-22 3 MALAYSIA'S United Malay National Organisation (Umno) Youth will prepare a working paper on guidelines which will foster harmony between employers and employees. The working paper will be presented at the movement's special meeting to be held on March 3. Umno Youth leader Ha# Suhaimi bin136 words
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162 1980-02-22 3 AFP THAI Premier Kriangsak Chomanan has hinted that be might dissolve Parliament and warned demonstrators to "obey the law" as his new Cabinet was scheduled to face the biggest anti-government rally in recent years yesterday. The crux of the massive protest by theAFP - 162 words
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Article94 1980-02-22 3 JAPANESE crude oil import on an arrival basis in January fell 7.7 per cent to 22.19 million kilolitres from 24.04 million in December, and down 11.5 per cent from 25.07 million a year earlier, the International Trade and Industry Ministry said. Import from Iran rose 18.794 words
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606 1980-02-22 3 AFP ABOUT 75 categories of products made in Taiwan and exported to the United States may be deprived of tariff privileges this year under the General System of Preference (GSP), traders in Taipei feared. A report from Washington said the problem will beAFP - 606 words
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Article484 1980-02-22 3 UPI US ambassador to Japan Mike Mansfield urged Japan once again to try and solve tbe growing US-Japanese car dispute as quickly as possible, Japanese government sources said. Mr Mansfield, former Senate majority leader, conferred with Prime, Minister Masayoshi Ohira 60 various pending issues, including cars, IranUPI - 484 words
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Article118 1980-02-22 3 Reuter A BANK of Thailand official said the country's 1960 oil import bill should be held at about US$2.5 billion, against $1.58 billion in 1979, or economic planning would be disrupted for many years. Mr Prateep Sondysuwan, director of the Governor's Office, Bank of Thailand,Reuter - 118 words
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Page 3 Advertisements
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Advertisement151 1980-02-22 3 j I Business Times is the most cost-effective medium you can buy. \burad gets more bite in Business Times Everyday 30,000 people make it their business to read Business Times: local and expatriate businessmen. The industrialists, the bankers, the financiers, the professionals. And the senior civil servants. People who not151 words
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RAW MATERIALS
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748 1980-02-22 4 MALAYSIA must raise capital from every possible source if it is to succeed in doubling its annual natural rubber (NR) output to nearly four million tonnes by the year 2000. It would then maintain its own, and in general the commodity's,748 words
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Article364 1980-02-22 4 WORLD output of oilseeds and related products is now estimated at 180 million tonnes in 1979-80, down marginally from last month's forecast, but 14 per cent above last year's output, the US Department of Agriculture (Usda) said. Usda, in a foreign agriculture circular, said current crop forecast changes364 words
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Article293 1980-02-22 4 THE SINGAPORE market closed lower yesterday but above the day's lowest levels, with March One RSS buyers quoted at 360.00 cents per kilo, down 23 cents from Wednesday's close, dealers said. Morning prices were marked down sharply on speculative liquidation induced by lower London advices, stale-bull liquidation and stoploss293 words
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Article338 1980-02-22 4 R.A.S. prices tn cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S prompt (.o.b. 335 00 337.00N 340 00 342 00N Int. 1 R.S.S. March 345 00 347.00 350.00 352.00 Int. 1 R.S.S. April 358 00 380.00 363 00 30.00338 words
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Article117 1980-02-22 4 NOON SSR and SMR phcee yeet erdajr HAS Mar ek April (Cimal t MU) (Parward MU) Bayer* 1 Beyer* 8*1 Hare SSR 20 11-ton pallet I ***** 303 00N 306.00 307.00N SSR SO <1 too pallet) 298.00 300 00N ***** 304 OON MULB Muck April SMR CV117 words
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Article41 1980-02-22 4 GENERAL industrial demand for platinum is holding up well at present but it can be expected to weaken if recessionary tendencies in the US and certain other key economies strengthen, Rustenburg Platinum Holdings chairman Albert Robinson said in Johannesburg.41 words
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Article132 1980-02-22 4 LOW tamver yesterday haasted the Peaaag til market Hither M$H per ptetl to taaeh ft lew &J9l reeard, aaw stwHig HSI ahave the laternattaaai Tla Agreement eetttag, tta dealers said. Increased baying demaad tram «11 eeatres, especially Earape, Japaa, the U8 aid laeaily emerged at thia level faUewlng132 words
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Article31 1980-02-22 4 Rubber; Feb 21 Singapore: March: 350.00 cent* (down 23 cents) Malaysia: March: 366.00 cents (down 22 cents) Tin: M 92.301 (up Mssl) Official offering: 122 tonnes (down IOVi tonnes)31 words
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Article120 1980-02-22 4 CHICAGO Board of Trade wheat futures closed quietly higher on Wednesday, ranging from US 2Vi cents higher in the old crop to four cents higher in the distant March contract. A background of steady world wheat demand gave wheat a firm tone all day, with trade primarily a local120 words
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Article246 1980-02-22 4 SINGAPORE: Yesterday's closing prices in SI per Ulo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.98, 100 per cent second class 0.83, 100 per cent third class 0.81, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super 0.63, Special 0.57.246 words
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Article176 1980-02-22 4 THE MARKET in Kuala Lumpur yesterday was higher on some covering interest, dealers said. Trading was moderate with February in the northern region gaining Msls to reach $1,135 per tonne and March, trading at 11,130 for all the three regions. April was traded at $1,120 in the south.176 words
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Article156 1980-02-22 4 CHINESE Prsdsee Ex* change, Stagapsre, assa clsslag prices per pieal yesterday: Csesast sil: Bulk $106 sellers, old drum $112 sellers, new drum 1116 sellers. Cspra: Mixed (loose) UK/ Cont 164.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $335.00 sellers, Sarawak white fob 96% NLW $320.00 sellers, Sarawak156 words
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Article157 1980-02-22 4 CHICAGO Board of Trade soybean futures closed higher on Wednesday on moderately active closing trade, ranging from US 4V4 cents higher in the old crop to seven cents higher in the deferred March. European crusher demand provided background support to the market all day, traders said. A constructive weekly157 words
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Article823 1980-02-22 4 COFFEE: Robusta futures closed the morning steady, £4 down to £2 up in sales of 1,075 lots including 27 op- tions. Dealers said that in quiet conditions, which contrasted sharply with the activity in 11 other soft commodities, the d coffee market held a narrow s trading range823 words
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Article87 1980-02-22 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from Feb 21 until further notice: Bahtar: 360 1 cents a kg; Cap»: $1,064.42 a tonne; PaJm kerael: *955.75 a tonne; White pepper: *4,682.54 a tonne; Black pepper: $3,279.32 a tonne: The rates of duty payable87 words
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ASIAN STOCKS
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Article645 1980-02-22 4 TOKYO THE MARKET started out firm yesterday, mainly led by large-capitalisation issues, and then gradually weakened in the afternoon session after encountering profit-taking. Coal and some defencerelated issues were bought. Some speculative stocks advanced on light volume. Losers were machine-tool, non-ferrous metal and some pharmaceutical issues. Large-capitalisation issues645 words
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Article303 1980-02-22 4 ADVERSE press comment over interest rates caused a dull session on the exchanges yesterday and continued selling until late in the afternoon saw blue chips generally a spread or two lower. Caution was also evident ahead of Hang Seng and HK Bank's results to come shortly. Prices rallied a303 words
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Article316 1980-02-22 4 STOCK prices closed easier yesterday despite a late rally, dealers said. Market leader BHP stopped its slide with a five-cent gain to AJ13.40 after announcing a record steel production in January. But CSR, Australia's largest sugar producer, fell another 14 cents to 96.4) in the wake of tumbling sugar316 words
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Article156 1980-02-22 4 THE market yesterday closed mixed with mining and oils posting gains while commercial, industrial were easier, dealers said. Turnover rose to 17.2 million pesos from Wednesday's 14.8 million. Atlas Con B, Benguet Con B, Philex B, Basic Petroleum, Oriental B, Phil Over-' seas. Pioneer rose, while BF Goodrich. PLOT,156 words
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Article203 1980-02-22 4 FSB SI Bahts 47Ada Credit AM Plbn I 190 -a Ayuthaya In*. Ami Tr«l Bangkok Investment Bangkok Bank 304 44 Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon I Bank Of Asia 142 ♦1 Bank Of Ayudhaya ISri 181 +1 Berll Jucker Carpet lnterNaUonal Charoong Thai 130 unch Crown M203 words
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Article54 1980-02-22 4 F1INANCIAL TIMES INDUSTRIALS Wednesday 458 3 Tuesday 481 jj Week Ago 478.8 DOW JONES AVERAGE INDUSTRIALS Wednesday 880.88 Tuesday 876.02 Week Ago ***** H.K.HANG SENG Thursday 943.44 Wednesday 949 88 Week Ago 961.21 SYDNEY INDUSTRIALS Thursday 656.18 Wednesday 059 7g Week Ago 677.74 ALL ORDINARIES Thursday 882.54 Wednesday54 words
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Article80 1980-02-22 4 CONCRETE products and construction group Monier Ltd said the steady improvement seen in profit for first half 1979/80 should continue through the full year. After-tax profit for the six months to Dec 31 was AJ7.01 million against 5.97 million the year ago. Monier noted last year's abolition by the80 words
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Article40 1980-02-22 4 NISSAN Motor Co Ltd, in negotiating a cooperation agreement with Alfa Romeo Spa, is seeking a bridgehead in Europe for flooding the market with Japanese cars, Walter Mandelli, chairman of the Italian private engineering industry association, Federmeccanica, said.40 words
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Page 4 Advertisements
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Advertisement331 1980-02-22 4 why not be a SALESMAN? Ibp men earn top money when qualified Full training for UCTA Diploma Exam. The man in the car .could be You The house end femily could be Yours. With you in e prosperous new job enjoying a new life a happier life, a more rewarding331 words
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OVERSEAS
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356 1980-02-22 5 Reuter BRITAIN'S opposition Labour Party last night decided to table a motion of no confidence in the government of Prime Minister Margaret Thatcher, accusing it of following disastrous economic policies. The first censure motion against the Conservative Party administration which took office last May isReuter - 356 words
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176 1980-02-22 5 Reuter THE US intends to seek compensation from the EEC following the authorisation given to Britain to impose import quotas on some synthetic fibres from the US, informed EEC sources said. This emerged during the high level talks the US Special Trade Representative ReubenReuter - 176 words
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Article, Illustration658 1980-02-22 5 Reuter IRAQI Oil Minister Tayeh Abdel-Karim has predicted the emergence of a surplus in the world oil market by the middle of the year which would enable Opec to return to a single unified basic price for oil. Speaking on the eve of meetingReuter; UPI - 658 words
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Article801 1980-02-22 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL MAS MH682 0710 KCH SIA SQ528 0750 DHA SIA SQI01 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL RBA BI421 0930 BWN MAS MH671 0945 PEN/KUL SIA SQ211 1000 HLP CPA CX710 1005 HLP801 words
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Article272 1980-02-22 5 Reuter AYATOLLAH Ruhollah Khomeiny appealed to Iranians yesterday to continue demanding the former Shah's extradition for trial in Iran. In a broadcast statement which appeared to dim prospects of any early release for the American hostages in Teheran, he said: "You should ask forcefully from theReuter - 272 words
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Article274 1980-02-22 5 Reuter WEST German exports to European community countries rose 16 per cent to 151.8 billion marks last year, while imports from EEC countries rose 18 per cent to 141.3 billion, the federal statistics office said. In a regional breakdown of West Germany's 1979 foreign trade, theReuter - 274 words
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WORLD IN BRIEF
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Article507 1980-02-22 5 Agencies THE level of pay settlements in Britain over the last, three months to January have shown little change though there is evidence of a slight downward trend, the Confederation of British Industry, CBI, said. It said, of the 277 pay settlements notified to its payAgencies - 507 words
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218 1980-02-22 5 THE US economy, shrugging off predictions of a recession, showed more strength during the OctoberDecember quarter than previously believed, the government announced on Wednesday. The Commerce Department said the gross national product the value of all goods and services produced by Americans rose218 words
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Article116 1980-02-22 5 Reuter THE EEC Commission has ordered West German steel stockholders to end pricefixing practices which it says break EEC rules on competition. The action was taken against the Bundesverband Deutscher Stahlhandel, an association linking almost all the country's steel stockholders. The Commission said the associationReuter - 116 words
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241 1980-02-22 5 SPORTS AP SOME MwMm etverage el tke Mum» Olympic Omm mU ke UmM «rt m MM MevUM kiwm by gcvcmneat MUtaSraftke' rwSga UuU the Brtttoh to nwHiil^ givtog "aivtee" to the BHttah Cerperattoa (BBC) aai the MHMnhi laiepeaieat Televtatoa (ITV) aetwaits. Mr HariAP - 241 words
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603 1980-02-22 5 Agencies THE SURPRISING United States take on the awesome Soviet Union and stylish Sweden go up against rugged Finland tonight at the start of a two-round tournament to determine the ice hockey medals in the Winter Olympics at Lake Placid. The young andAgencies - 603 words
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86 1980-02-22 5 Nation 6 s B T USSR 8 4 5 East Germany C s 6 United States 3 2 1 Austria 3 1 2 Sweden 2 0 0 Norway 1 2 3 Holland 1 1 1 Switzerland 1 1 Finland 0 4 2 Italy 0 286 words
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Page 5 Advertisements
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Advertisement138 1980-02-22 5 The Complete PiainWbrds Sir Ernmt Gowtrt Since it lint appeared in the fifties The Complete Plain Words hat exercised a large and salatury influence on official and much other English. It is, in its own field, a classic. This thoroughly revised edition is still principally concerned with 'the choice and138 words
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Article489 1980-02-22 6 IT IS encouraging to note that the Small Industries Finance Scheme appears to have finally got off the ground. In its first two or three years of operation, the SIFS was making such painfully slow progress toward its goal of small local industries in the expansion489 words
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Article178 1980-02-22 6 TO MAKE profits has always been an important aim of companies from the biggest multinational conglomerate down to the smallest one-man enterprise. And a prerequisite to making profits must be the willingness to give skilled and efficient workers the rewards they deserve. In this respect,178 words
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Article, Illustration921 1980-02-22 6 Secretaries, writers and executives alike are shy of seeing their words displayed electronically > rather than on paper. Unless they are gently and carefully trained, they will avoid the screen. The Economist HOW to .shake higher productivity into the whitecollar worker who increasingly dominates theThe Economist - 921 words
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Article, Illustration743 1980-02-22 6 ADAM CLYMER - By ADAM CLYMER NYT THE AMERICAN public says that it knows what it dislikes about all the leading presidential candidates except George Bush. But it is not too sure what it likes about Bush either, unless it is that he's "tough, with some ideas," as a Mary landerNYT - 743 words
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Page 6 Advertisements
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Advertisement160 1980-02-22 6 m jl lXo' uvi w bring together the most sophisticated audio-visual, hi-fi equipment and related LV services available. This will be an excellent opportunity for manufacturers and suppliers to demonstrate their highly-advanced equipment. Auvi '80, to be held at the World Tjade Centre from 2-6 July 1980, will be widely160 words
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Page 6 Miscellaneous
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Miscellaneous1340 1980-02-22 6 Badminton friendly ALLIED •■t to wMwfci e( MfM(ll| M pIMHI. !f GMttyMrM. IkelMi wh* Travis Is SSToLiS^^S Ml 5. MM*. Otter* In toatokft at 1.10p«. At ueaal, a ha* Oa toe mm rliTl, TV east Include Robert Reed ef togan Mi teem wttl Merle at litpa iflwi 1»> ui Dmkk1,340 words
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Article, Illustration1867 1980-02-22 7 KENNETH MARSTON - By KENNETH MARSTON FT bNE POSSIBLE reason |why you will see no greenery in London's deceptively scruffy Hatton Garden prea must be that the inhabitants of that jewellery Jrade jungle are not given 50 allowing the grass to grow around their feet. To prosper in "TheFT - 1,867 words
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Article757 1980-02-22 7 QUEK PECK LIM - FORUM, with QUEK PECK LIM THE MAJOR problem facing employers and their employees today is not money, personality or work habits. It is, very simply, a lack of understanding of what each expects from the other. Over the years, employers, well aware of the growing scarcity757 words
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Article257 1980-02-22 7 Eric Rasmussen - Letter to the Editor Eric Rasmussen RegtauU ecu mtot f*r Asia Dear Sk, Chemical Bank very much appreciates the detailed review on Feb 14 of our recent publication, Asia Economic Outlook. I think, however, I should correct some misunderstanding about how this study was prepared. Your letter257 words
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Page 7 Advertisements
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Advertisement212 1980-02-22 7 Malaysia Bertiad Interim Statement for Six Months Ended 31st December 1979 Six Months to December 1979 (Unaudited) Six Months to December 1978 (Unaudited) Year to June 1979 (Audited) GROUP COMPANY GROUP COMPANY GROUP COMPANY MR'OOO MR'OOO MR'OOO MR'OOO MR'OOO MR'OOO Sale of Products Support Services Profit before Taxation Taxation Profit212 words
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Page 7 Miscellaneous
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article202 1980-02-22 8 FEB 20 Fls ARN 290 50 -1.7 Ahold 7850 1 Akzo 25 40 0 1 AMEV 97 50 -2 Am fas Ill 50 unch Amro Bank 61 30 -03 Berfoss 43.50 -05 Berk 109.00 unch Bols 50.90 -0.1 Borsumij ***** 0.2 Burhmann 62 20 unch Byenkorf 9050 -0.5 Calve202 words
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Article258 1980-02-22 8 FEB 20 Frs CORBEILLE Alr-Llqutde B S N Gervals Danone 10Z4 3 C S F < ThomsonCsf) Cle Francaue dM Petroles 284 -2 Compagnle Flnancterr Compafnl* Generate 356 •1 Credit Fonder De France 474 Hachette (Ubralrte) 246 -3 Machines Bull ae -006 Mlchelln (B) 814 .1 P&ribas 231 0-2258 words
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Article95 1980-02-22 8 FEB ao Fra FORWARD MARKET Actc Arted Ailur B rue an Bru-Lanb Cinpu Cock jrt 2130 502 074 I8S0 1142 332 -3 -36 -4 >12 -9 12 ♦2 De Been Ebes Electrobel Gb-Inno-Bm Qe» 360 2120 5790 2520 >30 -17 -20 unch -30 30 Hobo* Petro Ryl Dutch 315695 words
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Article192 1980-02-22 8 FEB 20 Dm Atf-Tekfwnken 38 90 -07 Aluo njoe Alls Letrn ***** «2 A iU Ven 38J00 -1 BASF 147 JOB Bay H T Wbft/ik 246 OOB •1 Bay Vbank mjo -2-5 Btytr ***** BBC 304 00B BMW 180 00 1 Cauetla ***** -I cr»m Verw 288 00 -S192 words
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Article180 1980-02-22 8 FEB 20 Francs Action* Suisse* 296 •1 Alusulsse Br 1345 15 Alusulsse Reg. 496 -1 Brown Bowl Br. 1810 -10 CM* Gelgy Br. 1256 ♦s Clba Getgjr p C 1000 unch Clba Gelgy Rm Credit Suisse Br M0 2410 -1 25 Credit Suisse Ref 441 unch Elet travail Br.180 words
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Article101 1980-02-22 8 FEB 30 Lire Anlr 9 75 unch Assoc Gen ***** -4*10 BBitofi esr 155 On trait 91S0 •180 rut no 40 Finstder 89 *2.75 Gen Immob ZZJSO 475 IF! Pri 3645 *15 Italcementi 230H) -300 It4ig&5 819.50 05 Ilaisider 257 8 Mafneu M Ff 603 •2 Mareiif Ere 308101 words
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Article1430 1980-02-22 8 NEW YORK LED BY surging prices for oil issues the stock market on Wednesday rebounded in heavy trading after three days of steep declines. The oil group benefited from news that Kuwait will cut oil production 25 per cent from April 1 and a report about two wells1,430 words
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Article229 1980-02-22 8 FEB 30 CS AblUtM 34 Alran 4 Alfom* a Bank Mont 254 tn Bank Nova Scotia 28% 4* Bel) Tel 1»* unch Beth f-nrp BP Can Ma Z 47 Braacan n>* unch Camp Red Lake Can Imp Bk MS 15 Hannar 471* Canpac in* PI Carting OKeefe Z io229 words
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Page 8 Advertisements
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Advertisement635 1980-02-22 8 See Page 4 for Asian stocks e See Page 9 for Jo'burg prices Where to wine, dine and entertain TAVERN MR Spend happier hours at the Tavern Bar where you can relax to a whole host of exciting cocktails and drinks. The perfect place to go after a hard day,635 words
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Advertisement77 1980-02-22 8 k Tj ,V\ IJ f u° odltlls rJ\ —r -jziyn'Cfi 4 os >«»•»! i. I.i\ 11 i_: -w. tale— DTrlo. Robin's Tavern. The place to go to, after work. To relax, and to enfoy your favourite drink. In a coay, toothing atmoaphere with cool, cool mnaic provided by a live77 words
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BANKING AND FINANCE
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709 1980-02-22 9 FRANCE and West Germany have privately agreed to delay plans to set up a European central bank early next year and issue a new reserve currency as part of their commitment to complete Europe's fixed-exchange-rate monetary system. The delay, which means that the709 words
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369 1980-02-22 9 THE lifting of the ban on Swiss banks paying interest on foreign savings and deposit accounts could lead to a shift in funds from the Eurofranc market to Switzerland. Bankers see the measures, which also include an easing of369 words
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595 1980-02-22 9 LEE YOKE MENG - By LEE YOKE MENG LOCAL BANKS should consider expanding their export financing facilities to Indonesian businessmen, said a senior official of Bank Dagang Negara (BDN), one of Indonesia's largest stateowned banks. Mr Adi Trikaso, chief representative of BDN's newly established office in Singapore, added595 words
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387 1980-02-22 9 BANK of Japan governor Haruo Maekawa predicted the value of the yen would remain relatively low against the US dollar for some time. Mr Maekawa said the yen's weakness reflected Japan's continued deficit in the balance of payments. He does not believe387 words
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Article443 1980-02-22 9 MAJOR American banks, in the face of another round of credit-tightening by the Federal Reserve Board, have increased their prime rate to a record-tying 15 3 per cent and one expert said it could soar to 164 per cent by March. Chase Manhattan Bank, the nation's third443 words
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MONEY AND EXCHANGE$
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Article159 1980-02-22 9 THE U.S. dollar was generally slightly easier yesterday against major currencies in fairly quiet late exchanges in which there were no new market factors, dealers said. It stood at a late 1.7453/58 marks against New York's closing 1.7450/55 and a late here on Wednesday of 1.7464/89, and at 1.6355/75159 words
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Article122 1980-02-22 9 THE U.S. dollar for overnight delivery closed easier at 246.00 yen yesterday, compared with a 246.10 opening and 246.45 at Wednesday's close, dealers said. Trading was active with volume of US$Bl6 million. After opening at about the same level as the New York close, the dollar firmed to a122 words
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Article22 1980-02-22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.5 per cent.22 words
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Article176 1980-02-22 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Feb 21: US Dollari(Spot) Offer Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months 15 13/*****1/16 161/16 1515/16 169/16 167/16 16' 16 161/16 1515/16 1511/1615 9/16 15H 15 W SwAi (Middle Das. Price*)176 words
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Article45 1980-02-22 9 RANGE of prices offered by discount houses on Feb 21: Overnight: Call deposits: 6'. to Clod* Buying Seiliag 3-month Treasury bills 6'« 6*» 3 month Bank bills 10'• 10 3 months CD 10'. ion 6 months CO 10 7/16 105/10 Source: National Discount Co45 words
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Article30 1980-02-22 9 FRANKFURT exchanges opening quotes yesterday: US 1.7457/65 Stg 3.975/985 Can 1.5131/41 Dfl 90.75/85 Sfr 106.55/70 Lit 2.155/165 Ffr 42.60/70 Nkr 35.83/93 Bfr con 6.153/163 Bfr fin 5.945/955 Yen 0.7088/9630 words
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Article321 1980-02-22 9 GOLD futures in Singapore yesterday closed firmer compared with overnight levels in uncertain trading, dealers said. Opening prices were marked up around US$l5 an ounce following the metal's sharp rise in New York on Wednesday night and then fluctuated throughout the day in line with overseas market, they said.321 words
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Article422 1980-02-22 9 THE FOREIGN exchange market was quiet yesterday. The US dollar opened at 246.05/15 against the Japanese yen, and fluctuated within narrow limits to reach an easier 245.95/05 when Tokyo closed. It then lingered around this level before recovering in later trading to close at 246.00/10. Against the mark,422 words
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Article324 1980-02-22 9 FEB 20 Rand INDUSTRIALS A Alpha 285 -2 Abercom 310 -S AE And CI 860 •10 A MIC -yw. -25 Barlows ZZ.. «o -50 Cg Sugar 1150 unch CNA 420 Currte Finance 166 -5 De Beers Ind 2400 -100 Ed con 496 -10 Edgars 6190 •50 Evereadjr Fed324 words
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Article314 1980-02-22 9 STERLING was marked higher yesterday on its Far East levels, while the dollar showed little change in quiet opening foreign exchange trading, dealers said. The pound opened at U552.2810/20 compared with a late $2.2787/9? in Hongkong and $2.2783/95 in New York on Wednesday night. Dealers said after two days314 words
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Page 9 Advertisements
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Advertisement300 1980-02-22 9 Wfe have a history of making moneygrow jmj. Lombard North Central is part of jKjKm one of the world's largest banking JrN fe M groups and we have a history vvhicHHT! 5 fk H i covers more than 100 years. tkm- We offer a range of depos/t schemes which will300 words
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Advertisement71 1980-02-22 9 mmm mmm Sime Darby Sime Darby Group mm mm INTERIM RESULTS FOR THE SIX MONTHS ENDED 31ST DECEMBER. 1979 Year to 30th June 1979 M$ Million Six months to 31st December 1979 1978 M$ Million M$ Million Increase Copies of the full Interim Report to be sent to shareholders on71 words
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1660 1980-02-22 10 BID and offer price* officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1.000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Ac*a (IMB 1868)1,660 words
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Article153 1980-02-22 10 HNGAPOU UNIT TBIBT INCOMB BOND UNIT (MMfM* priaaa tor M (O—l pi teas) The ft— 2 45 The Savings Fund Id 2.60 L71 Income Bond LIS IX Spore Proj Fund LB LIS S pore Sac. Fund LM LB MABA Btnorvnu S pore Invest Fund 14f 1.55 (Manager*' priaaa153 words
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Article2738 1980-02-22 10 Gr'» Gr*a Net 1979/1980 v Last Div Div Y'ld P/E Vol n.v High Lo w Company 1 Sale or Cvr COOOt High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 308 207 Aetna 284 •1 15.0 12 *S2 143 106 288 283 223 123* AJcom 223 10.0 13 4.42,738 words
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Article1959 1980-02-22 10 r I BID and offer prices officially I listed and tnnlnran in re- ported 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. —1 INDUSTRIALS AIM (1306) (2) 2.25 (4) 2 241,959 words
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Article, Illustration614 1980-02-22 10 AFTER shewtog sigM tt SmmTrnititm »h il'7ltiiil' day as kayen railed to re■tore wto at the fllef psrr Stock Exehaage. Tie I«ag-t*»lte4 aa> ■■ttwtrt (ran market leader Slme Darky was flaally made, aad kreken geaerally agreed tkat the M lmpertaat rele la itiMgttMlag the Market.614 words
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Article503 1980-02-22 10 TRADING was erratic and prices fluctuated violently to close on a mixed note at the Kuala Lumpur stock market yesterday. Like the day before, traders were given a scare when prices like ten-pins during the midmorning session. But the selling subsided towards noon and the market503 words
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LATEST RESULTS
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Article39 1980-02-22 10 has reported an unaudited group pre-tax profit of M 537.87 million ($25.76 million previously) for the first half ended Dec 31. Group sales totalled $308.73 million ($208.24 million). After-tax profit stood at $19.45 million ($13.63 million).39 words
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Article58 1980-02-22 10 has reported an unau- dited group pre-tax profit of MJ58.8 million ($52.9 million) for the first half ended Dec 31. Turnover was $133.3 million ($114.9 million). After-tax profit totalled $32.7 million ($29.3 million). Earnings per share stood at 7J cents «.4 cents). The company has declared an interim58 words
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COMPANY NEWS
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Article, Illustration803 1980-02-22 11 TIN mining Is an important industry in Malaysia contributing substantially to the country's economy. Although tin mining has lost its place as one of the twin pillars of the economy, it nevertheless continues to play a vital role. But tin is a wasting asset803 words
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Article298 1980-02-22 11 Current Ex Books Date Total for Total for Payment Date Close A Molek 25%(f) Feb 4 Feb 14 Feb 25 25% 20% B Ki«» 10% Jail 29 Feb 8 Feb 27 15% 12.5% Duff Dev 2.5% Feb 5 Feb 15 Feb 27 5% 5% MTC 30.8% Jan 30298 words
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Article98 1980-02-22 11 Company Particulara Ex Date Book* Close Temerloh Bonus Issue of 1 for 1 Mar 13 Mar 25 Sen toga Bonus Issue of l for 3 Feb 21 Mar 4 T Text Bonus Issue of 1 for 4 NYA NYA M U Ind Rights Issue of 1 for 198 words
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Article362 1980-02-22 11 Date LnstFnll Ye nr Company Period Announced Net EPS Grow Pre-tax Inst yenr (eeate) Div. Profit <%) (vm) M'wata Steel I 22/12 12.4 10.0TE 14,803 Folex Ind d F 18/1 2.7 0.0 858 Nat Iron F 7/2 57.8 *17.9 37,679 Alcom F 10/2 7.5 10.0 1,119 UOB F362 words
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419 1980-02-22 11 GUTHRIE International Plantation Services (Gips), a unit of Guthrie Corporation, has won a contract to conduct a feasibility study on developing 100,000 acres of land in Nigeria for rubber planting. The contract was awarded by the Nigerian Rubber Board. When contacted by419 words
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Article373 1980-02-22 11 CONSOLIDATED Hctefa has advised that Mr Lee Kim Yew and Madam Christine Y u, directors retiring by rotation, will not offer themselves for re-election at the company's forthcoming annual general meeting on Feb 23. Kemg Tin (M) has informed the Stock Exchange of Singapore of Mr Fann Gau373 words
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Article72 1980-02-22 11 PRODUCTION of tin concentrates at Malaysia's Gspeag CinMiM showed a further decline during January, but the output of 675.5 tonnes for the four months' period to the end of January is still ahead of the comparable period in 1978-79, when output totalled 651 tonnes. Another good72 words
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Article64 1980-02-22 11 Reuter EU Yan Sang Holdings Ltd said it has incorporated a wholly-owned Malaysian subsidiary Weng Li Sdn Bhd. The authorised capital of Weng Li is Msloo,ooo and its initial issued and paid-up share capital is $25,000, subscribed for by Eu Yan Sang (1969) Sdn Bhd. TheReuter - 64 words
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TAKING STOCK...
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Article, Illustration475 1980-02-22 11 by HOCK LOCK SIEW SHAREHOLDERS' interest, or lade of it, in annual general meetings is a syndrome that seems to defy any definite diagnosis. It is not an uncommon sight to see shareholders shuffling into the venues of AGMs in pathetic trickles, to approve, adoptby HOCK LOCK SIEW - 475 words
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Article23 1980-02-22 11 EOGM to be held at 12th Floor, Fitzpatrick's Building, 86 Jalan Chulan, Kuala LumfAir, at 11am on Feb 22.23 words
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Article22 1980-02-22 11 AGM to be held at the function room, sth Floor, Peninsula Hotel, Coleman Street at 9.30 am on Feb 23.22 words
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Article27 1980-02-22 11 AGM to be held at No 22 (Upper Floor of No 20), Jalan Gelang- gang, Malacca, at 12 noon on Feb 27.27 words
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Article20 1980-02-22 11 EOGM at 16th Floor, Wisma Mirama, Jalan Wisma Putra, Kuala Lumpur, at 10am on March 8.20 words
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25 1980-02-22 11 AGM to be held at No 21 A 23 Jalan Hussein, Ipoh, Perak at 11.45 am on March 22.25 words
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Article14 1980-02-22 11 AGM to be held at 201 Keppel Road, Singapore, on March 26.14 words
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Article27 1980-02-22 11 AGM to be held in the board room, 3rd Floor, Bangunan MBSB, 13/15 Leboh Ampang, Kuala Lumpur, at 12 noon on April 10.27 words
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Article20 1980-02-22 11 AGM to be held at Shipyard, Admiralty Road East, Sembawang, Singapore, at 9.30 am on May 27.20 words
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Page 11 Advertisements
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Advertisement54 1980-02-22 11 0 Th Th $30.00 ORDER FORM To: Federal Publications 1, New Industrial Road, Singapore 1953. Address. Yes, I would like The Edward de Bono Think Shrink. .copy /copies of I enclose in full payment (all checks, money/postal orders made payable to Federal Publications (S) Pte Ltd). 'I''' 1 I;tiiiii i54 words
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Article442 1980-02-22 12 FOO CHOY PENG - SCHEME FOR SMALL INDUSTRIES By FOO CHOY PENG THE Economic Development Board (EDB) last year granted loans totalling |14.3 million to 82 firms under the Small Industries Finance Scheme (SIFS). This means that, by the end of last year, 191 small companies had received442 words
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Article318 1980-02-22 12 IN ANOTHER scheme administered by the Economic Development Board (EDB), three companies are the latest batch of recipients to get incentives for their activities. Singapore Aero-Engine Overhaul, Asian Precision (Singapore) and W International Singapore have qualified for the newlyintroduced Investment Allowance Scheme, bringing the number of318 words
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Article415 1980-02-22 12 AP JAPAN inflation rate, held below 4 per cent annually over the past two years, is showing ominous signs that evoke memories of 1974, when consumer prices leaped 24 per cent in a single year. Economists see a parallel between 1974 and the current situation. The sharpAP - 415 words
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178 1980-02-22 12 AFP UNITED Arab Emirates (UAE) Oil Minister Maneh Said al-Oteiba has proposed that the Organisation of Petroleum Exporting Countries (Opec) should hold a general meeting next month, preferably in Abu Dhabi, in an effort to close up gaps and curb drastic rises inAFP - 178 words
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Article768 1980-02-22 12 LONDON, Thurs. Golds moved higher as equities and government bonds closed mixed, dealers said. At 3 pm, the FT index was down 0.1 at 458.2. Gold shares showed closing gains ranging to $4 as the bullion price recovered yesterday's losses. Government bonds finished with movements of up to768 words
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176 1980-02-22 12 TWO appeal cases involving prominent hinlnf and legal personalities will be heard next week. The first, by lawyer Harry Wee, convicted on nine charges wQI be heard in the High Court on Monday. The other, by former chairman of Haw Par Brothers International,176 words
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Article, Illustration116 1980-02-22 12 A HIGH-powered trade mission from Finland will visit Singapore from March 13 to 17 to develop trade links between the two countries. The Finnish Minister of Foreign Trade, Mr Esko Rekola, will lead the 30member delegation, which will comprise officials from the Finnish Foreign Trade Association, the116 words
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Article, Illustration48 1980-02-22 12 lid nfflttaq tnji and a Um ip «f snppart tub take part ia a large scale military Intended te shew the readiaess ef the Thai treaps, sheald there be a spill-ever ef at the Thai Ksmpaeheaa harder with the Vletaamese army. AP phete AP photoAP photo - 48 words
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Article391 1980-02-22 12 JOHN LIM - By JOHN LIM TOTAL trade between Singapore and Indonesia during the first half of last year recorded a significant one-third increase over the same period in 1978. This kept Singapore in its position as Indonesia's third largest trading partner, after Japan and the US.391 words
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147 1980-02-22 12 Reuter LOW turnover has boosted the Penang tin market another Mssl per picul to touch a new $2,301 record, now standing $351 above the International Tin Agreement ceiling, tin dealers said. Increased buying demand from all centres, especially Europe, Japan, the US andReuter - 147 words
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220 1980-02-22 12 Reuter SINGAPORE'S oil industry trading sources said a 300,000 barrel consignment of Indonesian "Handil" crude oil is being offered here on a spot basis. Asking price is around US$37.20 per barrel, compared with the official Pertamina crude selling price of $32 .55 for thisReuter - 220 words
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Article80 1980-02-22 12 A MEMBER of Parliament, Mr Ho See Beng, will ask the Finance Minister if he will object to management rewanling workers with ex gratia payments for their efforts in contributing to good profits last year. Among other questions submitted for mlntetariy; replies, is one by Mr Teo80 words
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Page 12 Advertisements
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Advertisement0 1980-02-22 12 %-]-</)>_>>/$^'(]$$_:(.<<\&`?\[0 words
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Advertisement140 1980-02-22 12 TAX HAVENS i Tax Havens where are they How can they be used How can you cut your taxes by using them These are just some of the questions which are answered in this valuable guide. |H^liK T I if iff r H|M[ TBI iti'ni/Y TTin"' C 3-. <•>"£ v'140 words
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Page 12 Miscellaneous
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Miscellaneous67 1980-02-22 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Fair at first becoming showers in several places after midday. Beaert for U Inn prtor to 7M p.m. m Feb 21 aft toe airpart. Maximum temperature 31.0 Associated humidity 73 Minimum temperature 23.5 Associated humidity 100 Hours of sunshine 5.2067 words
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SHIPPING TIMES
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PORTSIDES
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Article64 1980-02-22 13 THE Singapore National Shipowners Association, Singapore Shipping Association and the Shipping Agents and Brokers Association of Singapore will be moving into new premises at Tong Eng Building. The move, this weekend, will mark the first time that the three associations will be housed together on the same floor.64 words
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Article91 1980-02-22 13 Reuter ARGENTINA and Brazil are considering a joint shipping arrangement by which Brazilian ships could carry Argentine exports such as grains, and Argentine ships could carry Brazilian exports such as iron ore to the Far East, Argentine Maritime Interests Secretary Carlos Guevara said. The Argentine and Brazilian shipsReuter - 91 words
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Article77 1980-02-22 13 UPI TWO hundred French dockers occupied the terminal of a British ferry on Wednesday and prevented 150 Brighton-bound passengers from boarding the hydrofoil Normandy Princess. The ferry left the French port empty and headed for England. The dockers are protesting cancellation by the ferry's owner, Jetlink Ferries, ofUPI - 77 words
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470 1980-02-22 13 LINDA TAN - By LINDA TAN SAGASIA Pte Ltd, the Singapore shipping agency of one of the leading French grain companies» now represents three regular shipping lines besides managing its own fleet in the region. A shipping division of the Louis Dreyfus group, Sagasia recently secured470 words
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Article539 1980-02-22 13 Skipping Use P»t» CM Adriatic IV S Afea VI 3 Alfred vm 1 All trans VI 2 Alpac VI 5 Angkutan VI 4 ANL I I APL m 4/5 Argentine IV 4 ASCL m 1 Asia America IV 5 Asia Merchant IV 5 Atlas VI 4 Bank539 words
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Article, Illustration456 1980-02-22 14 A NEW self-erecting container gantry-crane capable of servicing large container ships is now available from Sea Containers Atlantic Services of London, England. The company says that the Samba, an all-electric rail-mounted crane, can be fully operational within four weeks of arrival on the quay, compared with the456 words
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Article924 1980-02-22 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival Is advised by the Shipping Line/Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following924 words
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Article1446 1980-02-22 14 CHARTERING remained very subdued throughout the freight market on Wednesday but grain shippers covered a vessel from the US North Pacific to Taiwan at 130 fio for Mar and a vessel was secured for heavy grain from the US Gulf to China at $35 also for Mar. A1,446 words
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868 1980-02-22 15 FT GOODS valued at more than £1.3 trillion changed hands around the world last year. In spite of pessimistic economic forecasts for the 1980s, there are few who doubt this figure will continue to rise annually over the next 10 years. But coupledFT - 868 words
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Article169 1980-02-22 15 Reuter CHINA'S shipbuilding industrial corporation will open offices in Hongkong and at the border town of Shenzhen close to Hongkong to increase its contacts with the world shipping market. The pro-Peking Ta Kung Pao reported that the corporation's general manager Liu Qing said theReuter - 169 words
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538 1980-02-22 15 CHARGEURS Delmas Vieljeux is now negotiating with Chantiers de l'Atlantique for four 900-TEU 27,000-tonne containerships it had originally hoped to order from Onomiehi Dockyard in Japan. Vieljeux's chairman, Tristan Delmas Vieljeux, said reports that the French government had refused authorisation to order538 words
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Article, Illustration484 1980-02-22 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Dong Bee (after Du Shan) 22 Gold Leaf (after Wakagiku Maru) 35/36 Joo Hong (Tanker) (0600 P/ O Subj. gas tree) 14 Tennessee (0400 after Esquilino) 47 Yuheng (after Joo Hong A Genera] Kravtsov sail) 13/14 PABIR PANJANG WHARVES Cherry Manis (0600484 words
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4296 1980-02-22 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 Port4,296 words
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1043 1980-02-22 20 ORIENT EXCHANGE TRAMPER freight rates are still beng adjusted on the basis of supply and demand. Many term contracts have been concluded by both liner and tramper owners with shippers. Vessels of 3.000 to 10,000 dwt are in demand for purchase and time-charter. More1,043 words
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440 1980-02-22 20 EASTBOUND Pacific freight conferences, shaken by the defection of Sea-Land Services have announced a package of measures designed to improve their competitive stance. Some of the measures now under study by the conferences are similar to those advocated by Sea-Land before it left to440 words
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Article126 1980-02-22 20 THE US Supreme Court unanimously ruled that the Secretary of Commerce has the power to remove a foreign trade only restriction on supertankers that are subsidised by the US government, if the subsidy is repaid. At issue is the supertanker TT Stuyvesant, built with a U5527.2126 words
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161 1980-02-22 20 Reuter SHIPPING conferences between Europe and the Far East said they have adjusted the Currency Adjustment Factor, CAF, for Japan to 42.50 per cent from 45 per cent, effective March 1. They also said the UK/ Eire CAF was raised to 28 per cent with theReuter - 161 words
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Article125 1980-02-22 20 THE National Amalgamated Stevedores and Dockers Union, Nasdu in London, has instructed its JL.500 members employed at container berths and riverside wharves to return to work yesterday, Ron Webb, Nasdu assistant general secretary, said. However, the enclosed dock areas remain at a standstill. Container and riverside125 words
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Article1445 1980-02-22 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A B Adriatic Cantatorr Container Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)Euro-Asia Line (PK/PN). Alfred C. Taepfer Sea Consortium (S)/Marintex Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg and1,445 words
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Page 13 Advertisements
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Advertisement328 1980-02-22 13 SO xcX\ Europe Our Next Loader Port Kelang: 1 l/A Singapore: 26/2 For further details, see page V .1 R1) I\ I I \H W PPp* Orient Overseas Co*Uiu*teA Line H. 1 ri sjuamzm* ICFTUK CORAi. 17W KOREAN lACEJM 4N WTWEPORI 1M OCVNJBt PMI 21* moiroß i7w acvuuaios iw Calling328 words
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Advertisement285 1980-02-22 13 §3 SEALORD ANTAI m UASC UNITED ARAB SHIPPING CO (SAG) Mina Qaboos (7/3). Dubai (10/3), Doha (13/3), Dammam (16/3), Kuwait (19/3) Dubai (19/3), Dammam (22/3), Kuwait(2s/3), Shuhaiba (28/3), Dubai (26/3), Abu Dhabi (29/3), Kuwait (1/4), Dammam (4/4), Doha (7/4), Mina Ah Fahal (10/4), Mina Qaboos (13/4) Dubai (28/4), Dammam (1/5),285 words
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Advertisement92 1980-02-22 13 NEPTUNE ORIENT LINES LTD FAR EAST EUROPE FULLY CONTAINERISED SERVICE K. lACEJM it pom C. RO2E C. PAU. K. JACEWOM MERCATOR 0. CHEF IK. P. Rata* Salad In Pert 24/2 Salad 4/3 0/3 Salad 5/3 7/3 ti Port 11/3 13/3 FKMMTIE 24/3 2/4 17/4 27/4 5/5 17/5 Ala© accepting transhipment92 words
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Advertisement284 1980-02-22 13 t*e Australia Our Next Loader Port Kelang: IZS Singapore: 11/2. For further details, see page V mm MAERSK LINE ■an o i*in Mother Vessel "J*"* Sahd SaM «u.vn mum* 23-25/2 26-27/2 ANNA MAERSX Mamk Rando 1-2/3 3-4/3 AXEL MAERSX Macnfc JWo 1-9/3 10-11/3 ARNOLD MAERSK Mam* Rando 15-16/3 17-10/3 ARTNQR284 words
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Page 14 Advertisements
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Advertisement482 1980-02-22 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG Mill, MALAYSIAN NTERNATIONAL SHPHNG CORPORATION BERHAD CMiMu Semice To Europe feeder *P Kelang Vessel S pore 1) Msetdes 2) Rdam 3) H'burg 4) Gburg B. PENAGA 23/2 WHOM 26/2 12/3 17/3 18/3 20/3 B DAHLIA 1/3 B482 words
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Advertisement291 1980-02-22 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA Pt Ma* ftta una rasas *24/2 nOMOnut 23/3 79/3 una TOMSK 10/3 trvoK 34/3 3-S/3 18-19/3 CM 2/4 28/4 17/4 8/4 1/5 22/4 Sa* CM* 8/4 4/5 5/5 24/4 B*mt« NTak 10/4 11/4 7/5 0/5 25/4 27/4291 words
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Page 15 Advertisements
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Advertisement994 1980-02-22 15 STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Overseas U M m Containers Limited Weekly service to/from UK/Europe CONTAOOSHT SERVICE TO UK/CONTMNT: Tatoo Ezpress c*y w ate Mm HW| Sport rKeiang D'mart Brim HW| R'dvn D'mart Bran »«p It Ham 15 Mv 17 Mir 11 Mar 20 Mar994 words
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Advertisement644 1980-02-22 15 Franco Belgian Services (Ear East trench .service with Btlgiaii Ear Eastern lar\e?\ nh,.. <-l ACE CONSORTItj* aarai p.% MM 251 ahk 11 9N» 111 IS Mv 111 X C.M.C.R. Fnu. com* NMT* r<a HW| hi i m Mv 15 Mr It Mr 20 Mv 23 Mv I. MCtJN Mv 20644 words
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Page 16 Advertisements
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Advertisement846 1980-02-22 16 Hapag-Uoyd FU.LT CONIMOBQ) TO EUROPE lata Eipreu C4y ol EdMwpi Ok* Mm teanHn lII— Eiprnt llllill Eipreii Ouka b« I 10^4 Lnrorpaol Bay 10/3 EXPRESS CONVENTIONAL TO EUROPE S'paro P KolangPon BMtao Genoa Hburj Bremen Rdam Antwerp 24/2 »/2 1/3 22/3 It/3 1/4 30/3 27/3 25/3 70/3 30/3 28/3 25/3846 words
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Advertisement585 1980-02-22 16 LINE KOREA SHIPPING CORPN f. Kelang STORE ALTA* 149*1 6/9 Mar 10/13 Mar FM BUSAN BANGKOK ALTA*ISOE 6/9 Mar 10/13 Mar TO BUSAN VEGA 147W 7/10 Apr fl/15 Apr FM BUSAN BANGKOK VEGA 148E 7/10 Apr 11/15 Apr TO BUSAN PENANC call subject roucement IX KX KX KX KX KX585 words
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Advertisement464 1980-02-22 16 EVERGREEN LINE f ARt AST ftJROPf EXPRESS FUll COM AINf R SERVICE ACttPTKG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP LE HAVRE ALSO ACCEPTING CARGO FOR: UMTEO IUNGOOM SCUTTOPTWCIONDON. MANCHESTER. BHMMGHAM. BRISTOL. LIVERPOOL GLASGOW. LEEDS WEST GERMANY mam HOLLAND AMSTERDAM rpß» IMmMMmMni It Mm* IwMpr IMb 27 MB MM* 77 MB464 words
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Advertisement954 1980-02-22 16 Everett Lines i i Biirmi Five Star Corpn. "BURMESE NATIONAL LINE' LOAMN6 FOR RANGOON 20/1 Mm I/KM* BF SSC Aoeot* m Moloyvo TEPS MALAYSIA Port Kdong TeH3«>-7355 Ponong Tot *****/***** Compant* Arftntina Of Navayacion Intarcontinantal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOMNN6 FOR DURBAN, CAPETOWN. BUMS MRCS S'poro MtCEMTW954 words
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Advertisement655 1980-02-22 16 riao.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE may cm.. TV MB. TO MM.... AUSTRALIA SERVICE P. Mmi Sa«apere Lom Loadnt far SYD. MEL. ADEL BK.SYD.Ma FKM.MKL BANGLADESH SERVICE E 2G/2J Mar CKTTAGONG. CHAIN* JAPAN/STRAITS SERVICE PALM BONANZA ELY9AN STAR Sincapore hhrt 25/27 FA 26/21 Feb 23/25 Fob OCEAN RESOURCES655 words
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Page 17 Advertisements
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Advertisement975 1980-02-22 17 PIL GROUP PldMt HOT* SWTOM 10/15 ttvck KOT» CANT* hfl/23 fib EAST AFRICA/REDSEA SERVICE Darrsuluin Mombau MM. Hodtidah Port Sudan Dif«sjtum Momiuu Hodndah mmT COLOMBO/KARACHI/P. GULF SERVICE ROTA Mill 20/3 Mar ROTH AGURG 15/20 Mar Colombo Karachi, Muscat Bay ah ROTA TMft a/5 Ibr ROTA BEXAN 25/21 F«fe Colombo. Dubai.975 words
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Advertisement865 1980-02-22 17 I I ■I I I II SAC. BEN LINE CONTAINERS WBS COHTNHB SOtVW TO/FtOM EUMPC hwk rmw» roam mm so to* S»at P tola* NGaraoaf/ MnU«| franc* MUK M/z m/s ir/i It/1 a/i n/i 2/1 a/3 IVI 25/1 27/J 2VI i/i a/i a/i a/i a/) ivi J/l a/i M/l 22/1865 words
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Advertisement533 1980-02-22 17 T Scan Dutch WEEKLY EXPRESS CONTAINER SERVICE 3)KM| 4>G'Ml U/S 17/1 U/l It/1 Act**| tar I) tmmm. ti UA. Clary tMM Id A*-.. h 7 wi I' ill »q« i>Cta|2)Kwi 3>r« 4>r«M s>i# ovun rm rum, MOM M M M M M M 27/2 1/1 W MMMMMM VI ■MM M533 words
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Advertisement665 1980-02-22 17 I BOUSTEAD SH,ppiroG AGENCIES (New Orleans, Mobile, Houston, Galveston) LOUSE LYRES <** 1 rt W w W 12 GENEVIEVE LYRES (drsch ft laads) 4/7 Mar l» DOILY TURMAN (Im*)..„. 2€/27 Mar 19/?oMar 20 Ai •oaesj 4/7 Mar 12 ft* DOUT TURMAN (laadi).— 2«/27 Mar -H/20Mar 2flApT U.S. NEST COAST SERVICE665 words
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Page 18 Advertisements
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Advertisement820 1980-02-22 18 K LINE KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA FEEDER VESSELS* n vessh 5/1 AcelTN 1)/] Ear**. t**4m mi* Km mMk an rtqmt accpUMt tor (MM. Imm P*rta*L Houston. Cental. B«t«. St Mn PMa*p««a Nortofc btont Sa.am* UckMrrfc TO EUROPE ncctptdf cnpn to Scanfcuna «a Hambwj) FROM EUROPE TO FAR820 words
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Advertisement497 1980-02-22 18 CALIFORNIA/PACIFIC NORTH WIST SERVICE EXPRESS CONTAINER/REEFER SERVICE Im*« tar lOS MKIES. UN FIMCSCO. SUTTU. TACOMA. MKOUtO C Prnanf P Vijapo'f I An) AUSTRALIA EXPRESS CONTAINER SERVICE NEW ZEALAND SERVICE to —n> ITTTUTOI KLUKTOM. HKMLk MHW/W tabfean "S O MMMTI PUKST P W*n Sfflfapox ll* JAPAN SERVICE OUTNMO rtOM MMU? TO497 words
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Advertisement574 1980-02-22 18 O 3 V (il'Hlll) SINGAPORE SHIPPING AGENCIES Pit LTD iOtM KOO" or lAN BOILO NC SINGAPORE MAR KITiNG UN[Si C! Nf CAi UN[SI TELE* RS .-4S9S RS /5568 A 8 CARSMIP*CABIE CARGOSM.P irim! I't'tjitHinl Container Liiivs WEEKLY CONTAINER SERVICE to/from BANGKOK BANGKOK (SM) 1/4 Mat 9/11 Mar 16/17 Ma 23/24574 words
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Advertisement603 1980-02-22 18 1 t-o v> i mvtw\ GRAMARD LINE INDEPENDENT ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ACCEPTING CONTAINEk CARGO FCL ONLY FOR; PORT SAID. ALEXANDRIA. BEIRUT. LATTAKIA. U MAS SOL ISTANBUL PIRAEUS Specially engaged agents stevedores providing immediate discharge S'pwe PKriarq MV. MAN CHEONG V37W «Mar MX MM FUNG V 3SK 4 Apr603 words
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Advertisement554 1980-02-22 18 Friday, February ZZ, IHV INTRASEA (PTE) LTD. Faber House 234E Orchard Poad Smqapore 9 Telephone ******1 '*****57 S3 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE 01 ran* HARMONY NB7I TOION N873...... S pan P. Keianf Panang Laadng tar 27 Fefc .IS Mar 11 ANTWERP/ROTTERDAM BOULOGNE/UK (AVON) Singapore OfTRASEA (fit) LTD554 words
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Page 19 Advertisements
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Advertisement114 1980-02-22 19 TRUCONTAINER EXPRESS INTERNATIONAL (S) PTE LTD Suites 1311/1312. Shaw Towers, Beach Rd. Singapore 0718 Regular Container Service accepting FCL/LCL Cargo for 1 New Zealand Auckland, Wellington, Lyttleton, Dunedin Australia Sydney, Melbourne, Brisbane, Adelaide, Sli Lanka Colombo i Europe and U J(. Call *****81 l{t Container leasing services I IBS ICCU114 words
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Advertisement190 1980-02-22 19 la SHIPPING CORPN. LTD. FOR BOMBAY SWGAPORE RJSM VALMMI 23/25 FEB (MUM FLAMULT IMS) RISHIVISHWAMTTRA 12/14 MAR (NXAN FLA6-6ULT 1970) FCL CONTWOS AtCEPTABLE Atom SWGAPORE: STRAITS SHP SERVICES (PTE) LTD., TEL: *****61/2, *****98 P. KELANG: PSD SMPPMG SON. BHD., TEL: *****1-5 P KELANG 12/14 MAR HEAP SENG TRADING SHIPPING PTE.190 words
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Advertisement108 1980-02-22 19 KANNIVELL LINES (REGULAR SERVICE SMGAPORE/EAST-NEST MALAYSIA) ETA ETA ETA VSL SPI SEA LOVE I i 2 SEA LOVE I Vi 29/4 AGENTS SMGATOK P.KELANG P.JAVA Mounts' (S) pit ltd.tel. 22*5922 o unes) OPTOK CO. (M) SON. MS.. TEL 3S7MI 3 OPTOK CO. (M) SOU MO. TEL. 5«25§3. *****3 J f'■V",108 words
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Advertisement38 1980-02-22 19 NOTICE roMlpwi at all damaged cartel are aotMed that the general arwjt will be heM aa Saturday dated 3kd February. IMB at Juroog Port Godown No 2 tram 9-Wun to 12 0»p«n No hrther wrvey wUI be held.38 words
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Page 20 Advertisements
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Advertisement290 1980-02-22 20 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE FT KEI PENANG PT S/UD ALEXANDRIA NLEU Mart Apr 29 MAR TRAMS CARGO PLEASE CONTACT SCHENKER SINGAPORE -TEL *****11 EGYPT ALEXANDRIA SINGAPORE MI U Sid Mar 8 PYRAMDSU Mar 3 Mar 19 GENCRAI290 words
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Advertisement238 1980-02-22 20 2IK INTERNATIONAL FREIGHTWAYS PTE LTD BANGKOK SEJtVtCE POMS fJCHJMC KEFEKPOMT SERVICE TO HK/JAPAN VESSEL STORE PJCEUWG ADMIRAL HONGKONG 18/19 Mar 15/17 Mar VESSEL TO MPCXi EAST PJSUNB NEW FORMULA 2C/2S Fab Kobe/Yokohama PJCELAAG STORE In Port Muscat Basrah only PJCELMC PGUMK STORE 24/26 Feb Basrah. Kuwait only IS Mm Basrah.238 words
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Page 20 Miscellaneous
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Miscellaneous182 1980-02-22 20 wxv: .V Regional Weather :w m s? mWM Si? I < 33 N u 1 m§ 5 j i <:■:■ I r i < I < A a ■»>» f fc! X I* ><w.Direction of movement indicated by arrow and speed in knots. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30182 words
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