The Business Times, 13 March 1980

Microfilm: NL10519
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES MX4P) N*. IM/1/M THURSDAY, MARCH U, 1M SOCENTS
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  • BRIEFLY...
    • Article
      Temporary suspension
      47 1 SINGAPORE Airlines (SIA) has temporarily suspended its thrift flights to Sydney and Melbourne because of strikes by petrol tanker drivers there, an airlines spokesman said today. He said flights in and out of the two cities were disrujrted by the strikes and aircraft could not
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    • Article
      Lock icon Price rises in OECD
      59 1 AFP PARXS, Wed. The overall price rise in the countries covered by the Organisation for Economic Cooperation and Development (OECD) was L 5 per cent hi January as against 0.9 per cent in December. the year-on-year increase was 12.5 per cent Energy, food, public services and
      AFP  -  59 words
    • Article
      Lock icon Limited package
      66 1 Reuter CHICAGO, Wed. Former US treasury secretary Michael Blumenth&l said that because 1960 is an election year, he expects President Carter's package of economic controls to be limited rather man "a shock treatment". Mr Btumenthal told the Automotive Service Industry Association Convention he expects the package to contain
      Reuter  -  66 words
    • Article
      Lock icon No action against Sutowo
      99 1 AFP JAKARTA, Wed. The Indonesian government today appeared to have decided not to take termer director of the state owned Fertamina Oil Company Dr Usui Sutowo to court, implying the government's unwillingness to reopen the files of the b|g corruption case that had led to his
      AFP  -  99 words
    • Article
      Lock icon Discount rate
      59 1 Reuter TOKYO, Wed. Bank of Japan governor Haruo "Maekawa said the bank is completely openminded at present about increasing its official fflscotmt rate from 7.25 per cent )fr Maekawa said after returning from a R»»* far Intel national Settlements meeting in Switserland that monetary policies will form part
      Reuter  -  59 words
    • Article
      Lock icon Tito weakens
      56 1 Reuter HBEGRH9B; Wrt. President Tito's already critical condition woneaid today, with Ids doctors reporting a further weakening of his heart and a fresh attack of pnwmonrfs. A terse bipQetin from his doctors, the bleakest they have issued in the past 10 days, described the condition of the 87-year-ok)
      Reuter  -  56 words
    • Article
      Afternoon fix
      32 1 LONDON, Wed.— Hie price of gold was fixed in the afternoon in the crucial London market at U*****.70 a troy ponce. This was higher than the morning fix of $582.50.
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    • Article
      Lock icon Dow Jones
      55 1 AP NEW YORK, Wed. The stock market pushed ahead getting a little more mileage out of yesterday's technical rally. > The Dow Jones average of 30 industrial stocks edged up 0.09 to 826.54 in the first half hour. Gainers outnumbered losers by more than a 2 to 1
      AP  -  55 words
  • Article
    Chief Price Changes
    134 1 Malaya out Straits Mim o cT tiini Rises Tta 3300 gj) Tratfac flO 419 «r Dr»df 9M +14 C MO +M» Hyd m +10 +io MO +6 MJ +0 Prim* BAT Grud < SUa El Sal Pro, Tu CV Cwf sao MO +5 Astral 10B +5 Falls
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  • Article, Illustration
    KUALA LUMPUR
    149 1 Rises Indices Malayan Tin £50 EeaoOrd «00 Bouetead 434 Falls 2230 Tronob 1210 S Kinta 1150 Males 510 Temertafe 700M U lad sn Carfctarg 530 PMC 535 M«P*n 550 UtdMal (10 PetaUac 1350 M Cabin IB +50 +15 +11 -JO -n -50 -45 -40 -JO -JO -JO -JO
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  • Article
    Orchard Square forfeit move
    740 1  -  NGEE ANN SERVES NOTICE ay MANO SABNANI City Editor THE k*g-etand!ng disagreements betweeu Metro Holdings and Ngee Ann Kongsi over the interpretation of several key clauses in the lease agreement cm a valuable Orchard Square property came into the open yesterday. Ngee Ann has now, through
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  • Article
    Kaolim Building for sale by tender
    257 1 KAOLIM Building in Kramat Lane has been offered for sale again, this time by tender, following last month'* iinein i awful JMtttioo of The tour-storey office block next to Hotel Grand Central will be aoid in "tenanted poaeearion". This means that the seller will
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  • Article
    Refineries facing labour problems
    683 1  -  RONNIE LIM rhirf n>oof^ SINGAPORE'S »11 refineries are becoming man coucerued over the tarnover of engineer» and technician/opera ton at their plants not only became of expanded staff requirements for expansion projects but also because of expected soon from another quarter the Ayer Merbau petrochemical complex.
    683 words
  • Article
    OUB declares rights issue
    330 1 THE season for rights issue by local banks is upon us. Yesterday Overseas Union Rank (OUB) announced a one-for-five rights issue of $2 per share, barely one week after Development of Singapore announced its one-fbr-four rights. But OUB has sweetened its rights offer with a one-for-five
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  • Article
    Guthrie announces best profits in five years
    81 1 ounms w jmmay la Bve yean fer ended Dee SI, If». feeStome SramSaahanfr eal and heMfeer divisleas, srMax pesMs ai■Mst deaUsd to «Ml ariMea from SUt arißm njww jWi.il SSJYwSSfJLi to»"|stolsd sat mmSL to Moaners Iftomi well while shewed sams iaprava*. aim shoTtes*
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  • Article
    The foreign companies that save on safety
    428 1  -  *y HSUNG BEE HWA SOME foreign rranpsnim practise safety to the bDt at the parent level and yet their owim subsidiaries suffer feom a lack of elementary health or safety precautions. This was noted by Professor WOPhoon, head of the University of Singapore's
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      1 1 F
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    • Advertisement
      Page 1 Advertisements Column 2
      154 1 SO YOU STILL SMOKE? THEN IEttIJUJC TEETH You wouldn't use a scouring agent to clean bone china, would you? It's the same with teeth. Yet ordinary toothpastes are too bland to remove tobacco film, and tea, coffee or other stubborn stains. The answer? New Clinomyn the toothpaste specially formulated for
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    • Advertisement
      Page 1 Advertisements Column 3
      61 1 NEW bastoeas ceatraeta rmlU« BROKING firm advtees lavesla 18 sparks sff pr0te5t............ 6 ton to to eMflm jj TWO MNGi beast law staff UNITED ladastrlal eandags taraever 7 frmpUp*... n MIDLAND agrees to travellers LANDSLIDE wla by Carter, ebeqae system Beagaa 12 AIRCRAFT t, TV AND RADIO I, CROSSWORD I,
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    • Advertisement
      Page 1 Advertisements Column 4
      131 1 -nil v» %r /'`%"+`,!(*@-->-`*[';|\(~&=!'?] 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 divided into six separate reports of about 8,000 words each. There is a
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  • TRADE AND INDUSTRY
    • Article
      DAILY AIRCRAFT MOVEMENTS
      724 2 ARRIVALS 8«rvk« Loc*J Optra tor Naaber Tim from SIA/BA SQ/BA17 9710 LHR/BAH sia sqioi aas kul MAS MHffil 0840 PEN MAS MH807 0845 KUL RBA BHD 0930 BWN MAS MHS71 QMS PEN/KUL SIA SQOl 1008 HLP BN BNS15 0130 LAX/SEL/HLP CPA CX710 1006 HLP GIA GA900 1830
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    • Article, Illustration
      Wavin technology in the pipeline?
      275 2 WAVIN Overseas, the export and licensing arm of one of the largest plastic pipe producers in Europe, is studying the feasibility of transferring its high technology process and products to Singapore and other parts of South-east Asia. Last year, the parent company, Wavin BV in
      275 words
    • Article
      Conferences for the airline industry
      397 2 JHREE conferences will be held during an international airports exhibition to be held in conjunction with the coming into operation of Changi International Airport in 1981. The three conferences are Third World Airports The 2D Year Outlook, the Asian Air Cargo Conference and Inflight Catering
      397 words
    • Article
      Italian trade mission coming to town next week
      191 2 A 19-member Italian trade mission organised by the Chamber of Com mm* at Milano will be vtotti* Singapore for Ave days tram March 21. The mission, which comprises 13 well-known Italian organisations from various sectors of industry, win be led by Proftasoi
      191 words
    • Article
      PWD is studying plastic materials
      210 2 THE Public Works Department is studying a variety of plastic materials to replace paint for markings on Singapore roads. "What we are looking for is a material of proven quality and durability," said Mr Johnny Quek, PWD senior executive engineer. "At present, road markings have
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    • Article
      NZ team to study local promotional efforts
      220 2 A NEW Zealand investment team will be in Sbigapore tomorrow to find out bow the Republic attracts investments through its promotion scheme. Mr John Burns, the trade commmissioner (or Singapore said Mr R Harcourt, the deputy head of the unit will be here
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    • Article
      Practical knowledge on real estate valuation
      279 2 THE Department of Extramural Studies of the University of Singapore will bold a 12-lecture course oa Practical Property Valuation and Estate Agency at Waterloo Centre, every Monday and Wednesday from March 31. The lecturer is Mr Lim Laa Yuan, a chartered surveyor. The fee
      279 words
    • Article, Illustration
      SANGUINE ORANGES
      183 2 SINGAPOREANS will get their first taste of "Blood" oranges when stocks are made available in supermarkets on Monday. As a result of two. local merchants concluding an agreement with the Egyptian Central Marketing Board, the first riripment of UMBO cartons of Egyptian oranges arrived here last week. The
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    • Article, Illustration
      PEOPLE IN BUSINESS
      374 2 SiME Darby Singapore Pte Ltd has appointed Mr Wang Sew Ewaf as manager of Performance, the Brunei subsidiary of the Sime Darby group. Mr Wong has undergone a BMW marketing and management course with Performance Motors, Singapore before he left for Brunei. Mr Wong, who has spent
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  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      683 2 GUTHRIE BERHAD (Incorporated in the Republic of Singapore) PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31 DECEMBER 1979 The audited results of the Group for the year ended 31 December 1970 are set out below. 1979 1000 Group Company 1978 $000 Group Company Turnover Operating profit Investment Income Interest
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      1348 3 Ricoh RICOH CAMERA ed M ti A Wywy House, 17, Leng Kee Road, Singaporeo3ls. Tel: *****5 Telex: Wyld RS *****. CabIe:WYMIC. T I I .4 iUfff' MESSAGE from Ihe President, Mr. T. Ouye JHHI. Mr. T. Ouye i Wywy Private Limited and Ricoh Company Limited have established and maintained an
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  • RAW MATERIALS
    • Article
      ITC talks on US proposal
      249 4 THeT INTERNATIONAL Tin Council has scheduled a meeting in London on Friday of its buffer stock finance committee to discuss a US proposal to cootribute tin to the ITC buffer stock, ITC delegates said. The US has proposed contributing up to 5,000 long tons of
      249 words
    • Article
      SOYBEAN
      181 4 CHICAGO Board of Trade soybean futures closed on or near the lows on Tuesday, down two cents in March to 9% cents par bushel in new crop. Steady processor demand held spot March relatively firm, traders said. A large professional trader sold May on the close, while the multtnational
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    • Article
      TEXTILES
      192 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cotton van: China win» Phoenix 20b 2,340; 32b 2,810, «to 3,000 (per bale of «0 lbs). Plsee (safe: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq: flower and Butterfly
      192 words
    • Article
      RUBBER
      307 4 THE SINGAPORE market closed higher yesterday with April One RSS buyers quoted st 321.00 cents per kilo, up nine cents from Tuesday's close, dealers said. Morning prices were marked up slightly on higher London advices and some buying interest. In the afternoon, prices were steadier on reports of fresh
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    • Article
      RAS PRICES
      262 4 RAA prices In cents per kilo yesterday: s-m_ (P*r Us) Beyers Sellers m» mlm mM nui B7 00 JZ9.00 arao m«N 2M.00 2T7.NN SIM 2B.MN mm bum mm aum* mm 7mm wu» mm mil 2BMN (psrhOo) Bayers SeOsrs Int. 1 R&S. prompt Uh tat IRAS. April tat. IRAS.
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    • Article
      SSR and SMR
      66 4 N001 ■AS SSR N«R«4I B MR prim jiiliitajr Hint ApHI iCml HU! (VMrwMd Mth) ■wwi Man >•;«• Mm lUapaltM) MOO M7.00M WOO MIjOON HU 8MR SO I 1M CV 1 SMR AMR L 1-tta |*Q HUO M0J0M fBLOO SMjMM S1SJ0 UAMN J16.00 31 WW GP 10 10
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    • Article
      Straits Tin
      60 4 THE StraMi tto friee to Pemg yesterday Ml iMtiw mn per steal to to stead $37t tkive the lateraatleaal Tla Agreemeat eeffiag, deafen nU. The market vu farther .depressed toy evcndght wmlbmi hi eeatrfhattsa eeaeeatrates (r«a alien, hat seae Jipeiwe aad UB haylag were reperted. Tetal taraever laereaeed
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    • Article
      Closing prices
      33 4 Rubber: Mar IS Siagapore: Apnc 321X10 cents (ip t cents) Malaysia: April: 322.00 cents (as 9 cents) Tin: Ms2 r S2o (down M$81) Official offering: 194 Vi tonnes (np 41Vi tonnes)
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    • Article
      RICE
      327 4 SINGAPORE: Yesterday's closing prices In SI par Idlo, ex-goaown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.00, MO par cent second class 0.83, 100 per cent third class OJI, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROOM: A-super 0.63, Spodal 0.57.
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    • Article
      PALM OIL
      125 4 THE MARKET tn Koala Lumpur ji al< iilaj continued to ease on lack of strong support by refiners in (airly active tradtag, dealer* M Intbe central region, March slipped MHS to 9N5 per toane aad US to $LOO 5 ta the south, while In the aortheru aad southern
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    • Article
      Produce exchange
      139 4 CIINBSB Predaee Ezsee a Cseanat ell: Bulk $102 sellers, old drum $108 sellers, new drum $112 sellers. Cspra: Mixed (loose) UK/ Cont $50.00 buyers. Pepper: Muntok ASTA white lob 100% NLW 1330.00 sellers, Sarawak white fob 96% NLW $315.00 setters, Sarawak special black fob 00% NLW «17.50 sellers,
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    • Article
      LONDON MARKETS
      741 4 corns: Robusta futures ended the morning mostly £3 to £7 higher to a volume of 1,367 lots. Although the market was due to open modestly higher based on New York, values drifted off in early dealings, traders sakl. The market steadied towards midday with trade on both sides,
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    • Article
      WHEAT
      211 4 CHICAGO Board of Trade wheat futures do—d sited on Tuesday, down vt cent per bushel spot to up oae in new crop. Reports of improved groariag condition» la Chin»'» wheat belt limited nay ralHee all day, traders aid. Traders are still reluctant to take major pwMhii ahead of the
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  • ASIAN STOCKS
    • Article
      Lock icon Index jumps
      552 4 TOKYO Source: DBS-Datwa STRENGTH tn the Nikkei Dow Jones yesterday was triggered by the rise la the New York market, closing at Y06K.46, up Y73.7». Pharmaceutical issues again forged ahead continuing Tuesday'» rally. Takeda Chemical Industries went up Y5 to Y4B0; Sankyo, YlO to Y370; Daiichi Seiyaku. Yl2
      Source: DBS-Datwa  -  552 words
    • Article
      Lock icon Hongkong
      303 4 Source: SHK See THE MARKET was quite buoyant in the morning u short-term speculators reentered the market yesterday, following heavy buying from several sources of HK Land shares. The buying petered out in the afternoon, however, and prices eased quickly towards the close. Tuesday's land auctions may have helped
      Source: SHK See  -  303 words
    • Article
      Sydney
      293 4 STEADIER gold and base metal prices helped ease selling pleasure and the mining sector made scattered gains yesterday, brokers said There appears to be some easing of interest rate concern which dampened enthusiasm in the yield-con-scious industrial sector and BHP rose 15 cents to AH2.70. CSR ended a sharp
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    • Article
      Manila
      117 4 TUB market closed yesterday with aslnlng» and oOs mixed while commercials dealers said. Turnover declined to 6.6 million pesos from Tuesday's 10.1 million Atlas Con B, Baguio Gold, Bask Petroleum, Phil Overseas, Seafroat and Vulcan rase while Lepanto B, Podco B, Pogei, CDCP, First Phil Hldgs, PLOT and San
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    • Article
      Selected indices
      49 4 FINANCIAL TIMKS INDUSTRIALS Tuesday 406.6 Monday 462-3 Week AfO 466.1 DOW JONR8 AVERAGE INDU8TK1AL8 Tuesday 836.4» Monday 816*4 Week A«o 866.48 HJLHANG SENG Wednesday ***** Tuesday 8SLB6 Week Ago 867.61 8YDNEY INDUSTRIALS Wednesday 618.42 Tuesday 618J6 Week ***** ALL ORDINAKIK8 Wednesday OCX Tuesday 632.70 Week Af 8Xj00
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    • Article
      TAKEDA
      33 4 TAKEDA Chemical Industries Ltd, Japan's largest pharmaceutical maiwrfacturer said it will form a Joint sales Arm, Taheda FaOek Sales Inc. in New York next month with Fallek Chemical Corp of the US.
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    • Article
      Bangkok
      246 4 STOCK prices closed mixed in light trading yeslerday, dealers said. Bangkok Bank rose tour baht to 306, Capital Trust Trust to 71, First Trust four to 89, Mah Boonkrong Drying and Silo six to 213 and Rama Tower two to 91. Asia Credit 197 uncb iii* nm unch Ayuthaya
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      109 4 ot column hvj^° r the na\ 73 V V eS SUeet Jo^r The A3*a n \c«sQy |i FPB* Stf^ L l 1 fc*>r' > r 1 »-*x. y v> -K *r> J i l*|v »4*»4 <*h9l&* •>• lid *.*sl w* r: i ■■■nihil *3 its often Nr,' viewed fromaperspecthfe you
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  • OVERSEAS
    • Article
      Business contracts ruling in America sparks off protest
      248 5 THE US guvtiMueatgua ceras diglbte te bid on nearly US$7 billion la federal contracts act adds for mS businsseee. Under the new Small Baaineaa Administration definitions, tone retail companies with aa few as 10 employees niay be classified Similarly, imMuhikbi. companies up
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    • Article
      Lock icon Taiwanese trade rises by 36pc
      150 5 UPI TAIWAN'S foreign trad* in the first two months of tMa year grew by 36 per cent over the «me period teat year to U555,747 bfDfan with a surplus of USIRL7 mlltton, official aoorcea aaid. The United States ranked aa the top buyer with 354
      UPI  -  150 words
    • WORLD IN BRIEF
      • Article
        OIL WELL DISCOVERY
        394 5 THE Philippine government yesterday announced the discovery of two- new offshore oil went capable of producing about 1&000 barrels of oil daily. The discovery off northern Palawan Island 300 km south of the Philippine capital of Mantis was reported by the preside ut of the Philippine Affiliate
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    • Article
      Lock icon No anti-inflation address by Carter
      650 5 NYT THE White House Ima decided against an idrttam to a Joint session of Congress by Preside at Carter oa Ms new aatl-laflatloa proSHmmsaaA ftaim ailai^^Mw gramme, &do uis soviser® are curreatly debatiag |L ii wnetner mere snouia oe a nationwide addrsm at all, rowgrssskmal
      NYT  -  650 words
    • Article
      America not considering formal sanctions
      505 5 iiifii uuner anm in biriiaop is not contemplating formal Iran. A senior State Department —iii "for the moment, i tmna wnat nas been done is having an effect" But he said this doss net mean that the administration would not change its mind. The State
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    • Article
      Lock icon Mugabe formally installed as prime minister
      141 5 AFP PREMIER-etect Robert Moglhf Km JJ. mcmocr UDinct including two white* to British governor Lord Sosmas ud was Immediately formally appointed Prime Minister of tiie new stale of Zimbabwe, which wiD become independent within the next three or four weeks. Mr Mugabe, who wffl
      AFP  -  141 words
    • Article
      Lock icon Pakistan denies coup attempt
      314 5 Reuter PAKISTAN'S military government has denied reports of an attempted coap General Zta-UlHaq. "V a thing like that had happened, I would be the first to know, but there has not bean a coup attempt or anything like it," government MajorGeneral m»)»"* Rahmaa Khan said. General
      Reuter  -  314 words
    • Article
      Lock icon Forging trade links
      130 5 Reuter HONGKONG'S Financial Secretary, Or FWHp HaddooCave, wiD visit China this year, a govermae at spoheaauui aid yeaterday. He decttaad to,give his itinerary bat g sooraa nid Sir Philip has baa* invited by the CMasat Fontga Trade Ministry to viatt Beijing in early May. He la expected
      Reuter  -  130 words
    • Article
      Lock icon Sir Julius sworn in as new PNG premier
      114 5 UPI SIR Jrihs Chan, the new Papna New (Man Prime lßalsiir, was swore in Mm stat-membsr earlier defeat M Parliament tonare'a Jtamlue' had baan Prims Guinea sMaMiifadependence ta Sep lflS. His dMsat M a direct Mcacjr of the 11—UlntiunsJ upheavals MM ymt
      UPI  -  114 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      7 5 •AIRCRAFT SCHEDULED page 2 ifxonc <muU I.
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    • Advertisement
      Page 5 Advertisements Column 2
      151 5 ■Jj us Here's great money-saving news. Now, when you fly D)j) f(q a round trip you'll receive a US$l5O discount coupon on your return flight It entitles you to US$l5O off on your next Pan Am trip from Singapore. This offer expires on April 15, 1980. kJP AND PAN AM
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  • Article
    The answer lies in training
    442 6 IT IS Ml unexpected that there will be a significant shortage of wortar» is the petroleum and petrochemical industries for many years to come. Even without allowtag for the entry of as masaive a protect as the petrochemical complex, rapid growth in the refining industry
    442 words
  • Article
    A stitch in time saves nine
    291 6 IN THE DAYS when the great Egyptian Pyramids were being painstakingly pieced together stoneblock by stone-block, labour was free aad life was cheap Whenever a slave's fingers or lege were crusted by a falling block or when be dipped and fen to his death,
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  • Article, Illustration
    Lock icon Canada places high hopes on new steel mill
    1481 6  -  Stsioo, Canada's largest steal maker, has delayed the opening of Hs new mill st Nanticoke, Ontario, tor two years bscauae of slack demand. When it opens next month, it will be run st only half capacity. Will there be sufficient demand this
    NYT  -  1,481 words
  • Article
    STRAWS IN THE WIND
    352 6 THE TURKISH bath, which was once believed doomed to the role of a national monument or curiosity, has become a necessity again, »K»nirM to the energy crisis in Turkey, it has led to a revival of the ancient tradition, known as "ha mam," which was disappearing
    352 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      298 6 Announcing SIBUS 80 The Second Singapore International Business Show. UBTOFMAIN PARTtCIPATINQ COMPANIES ADM Corporation I B M (S) Pie Ltd Presion Pte Ltd Amano Corporation InokoehJ Cash Registers Co Ltd Repro Business Mechmes Pte Ltd Amartoan Type Foumart twatsu Electric Co Ltd Rex-Rotary (S) Pla Lid Anglo American Systeme King
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      575 6 c 33 ■ipHti mnmmm wi» pmmm *pr, L* Bayer. Lhi (a n» NtmSm&t mm 3.04 PM o»e*g 3JO Dtary tf Evwks (CMmm) M 5 Sctea 135 Ova The Rabftoa §.00 Cafci 125 btlaaisiioa 195 Tad 6.05 Opwi< liliii< by "«M RMm 9.30 News Of S*aa" (Nslay) <hrt2) 10JI That 6.30
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  • Article, Illustration
    Lock icon RELAXED RULES?
    1121 7  -  Qone are ttM days when major country can defend its own currency all by itself without seeking any help from others. Japan's rescue package for the yen, wnicn wmm rslsassd early thie month and drawn up with the assistance of the monetary authorities in West Germany, Switzerland and
    Reuter  -  1,121 words
  • Article, Illustration
    Two MNCs boast low turnover rates
    1174 7  -  •sr SALMA KHALIK TWO LARGE, muhi-oatioo-al corporations iwHy versaries tare. Quite normal traditional birthday celebrations moat pwpf* would think. But then, tt ia hot only the length of toe they have been operating nare tnat maoe me events noteworthy. For tie two birthday "taya",
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  • Article
    Lock icon Idealism breeds discontent
    793 7  -  FORUM with ANDREW YOUNG NYT THE AMERICAN spirit fa perfectfanfat. We demand peace and prosperity almost as conatttutfaenlly guaranteed rights and are terribly disturbed when there to the inevitable shortfall. Recently the entire world has been looking to us to live up to theoe lofty Ideals. This
    NYT  -  793 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      645 7 n I r n C_ cr. ■*E Tht WoH Children Cheriet Medeen ,Cheiles Maclean's intriguing book un—U» tht historical evidence about tha wolfchildrtn, Kamala and Amaia, and their eccentric deliverer, tha Reverend Singh. Hf axaminas tha missionary's diaries, Ufa in tha orphanage, tha way tha sensational story spread and tha
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      39 7 lr> .Ja,~ IzzZe^S M.MSCU). tut G42US OF fbOL P«e UNFNMOUS W4 OUR BCDSIQN *T£ REFUSE. PK/ tooßvc *JU n*w gfttlG IK amER pfti.y uc. w?tsa p»OT»cfeo or BfeiHG "TTo£#fTfeX) UIC£. roPN»"M^c toe. PIRC. NOT Heiie souo-V ftR-NOue sQD^E>JiejJCE.... v
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        150 8 CORBK1L t 9B M Chrnn car rn>a«MBCle itseeelee ta NMN TBSST,,, ■srwarEZ: u 40 M *1 «a Ok 1 •m •a •a -T rj» -u 1 -M M -U N -ua 1 -4 .1 »«chin«y CK&M kuiunu* > mm -it Ma. is -aa FHwlMMI A 8A wsra^r— 1 o»
        150 words
      • Article
        Brussels
        68 8 MA* u rta rOBWARD MAKUT Am* m -u > AMur m -M mmh m -4* ■n-Uat IMM -M ~£=Es 3 Bw Ml *M ■MnM MM -in OB-iimmw»» an 4f 0«? M> *M MM MM -M Mw Mi 7tol Duteb Ml -31 ■Sir» 1M Sac Oan M| Ml -1» Seeee»
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      • Article
        Frankfurt
        63 8 ma* u tm WM» Sfl. Am HMi ~14 hjHT Wlut VtMQk MM mm 4i CoMOMHri nam DHMI uu MM MUI 10 *1 llmchu Hortas lMJi -LI mm +ij UM9 41 Kill au. Kiraudt KMftwf KBD jjjm u Und* IWIf Liwmm uMMim < RikStit Rw ST A srE mut >*4
        63 words
      • Article
        Amsterdam
        85 8 T t^*****K5 -r:|^Ptl s#a rlBrl MM MIJMH —T" 1 Safi»" jfuSf?* KM 22 M -1.1 3 *^fir MJ» +o 5^" L an -u iSA 4T AU Juwr S3 Tff rwBfti •ua -u j.«a« W| I WLM uaett ►w -t—w-wnppHMni m» 41 55 qiiwiin lira ji )|M tUI MKb BM
        85 words
      • Article
        Zurich
        84 8 MAI U macs *««hm wim m -l JUMJJI Br. tM -M ®n>»n BoSIf Br. MB cm* OHo Br. MM +10 cm* o«to r c w wich aHr- f Owes n*bw Br U M Ototoa* K t» ancfc HjwBr. Mt -M Hoffman La Jtoea. tm__ mm lafluud Br. MM ~*M
        84 words
      • Article
        Milan
        60 8 MAR n Ante Un KM ■AM ButOfl CMum* ZZ #H mm -9' n •m -4 HZ M in -U -4 75 jn PH iUJQSQMtfl ZZ ***** D "•P SSWA^Lz: m m m •tt •4 -M.n t Mm Ma OHM OM ZZim I* MP m PMM HI mZ MM m
        60 words
    • Article
      TORONTO
      127 8 MAH II C$ ♦A AMUM AlMB «4. .1* j MM Bank Moot as Bant Now ScotM 8* MITtf if» Beth Corp •PCuLM «*> ■mm as oubom utt m C*nlmp Bk aS uock CanpM Wt ***** IW» K c*riW o«Mti m <>■»*« -t OJI»« BEM? n +M pjifiglZ «s 7n»
      127 words
    • Article
      JOHANNESBURG
      130 8 ma* >1 Ran* mouiTKiAU a Aipte rn Mk A>«it— Ml -M AS And CI TM M AMJC MM —rt—» MM -M g «2 SNST*^ 1 m mm* z I MfW «M 4 m i aact OH—Ql I I Z'' I OntMB Ml «Mh IKMMi L 1 imni Laortto Mi
      130 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      153 8 Where to vvine, dine and entertain _l At 8.15 pm mnj Xfyirttomj lit tijt in We. M Wk i y q i In the best European tradition o£ old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in town.
      153 words
    • Advertisement
      Page 8 Advertisements Column 2
      119 8 <i i '< n For i inch'. i rich!i T/r* I' >r clinfhn J i 'jii k *-.11 I I l|Mll d )r f n *s i?. z eg K V •v HUGOS BUSINESS LUNCH ttt V- 5 I 1 l Wfv ss 18 SR?»*sr? S vv D 10-Scon* Road.
      119 words
    • Advertisement
      Page 8 Advertisements Column 3
      111 8 %_&`]\:+{?"-]&<*!$\,~:@:~"_@_.> S.tv <mi > Mir ht'f Rene's nwisterpiei es of Furopean C uisine. Ihe v* >• Cliantiaccr where «jood i.iste triumphs •p iorkpit t^citrf < ,i 1! j.lim. >. .ci i7 4 7., M 7 <7<M I Vl» v Its efcgsnt, comfortable and quiedy opuieoc, with a menu thatwildefcjhr the
      111 words
    • Advertisement
      Page 8 Advertisements Column 4
      79 8 Roti Prata at the Hilton? Hin's Top of the Hilton Lunch and dinner Daily. Reservations cal! *****33. i. HI r< >S iS I l<S \T!< >N W sist 4l'o({l M «h J'SAs'. J/l VY SUPPER CLUB i* < •ii. W 9 m r .y at our tjew cocktail lounge :rf•
      79 words
    • Advertisement
      Page 8 Advertisements Column 5
      169 8 v Q3*4bballu)it6rfll 11, CafcnMl Cbfl CMKCANHIU iTetarßS 2*742 SP Ronnie GTrio Robin's Tavern. The placc to go to, after work. To relax, tad to enioy ro«r faToarlte drink. Ia a coey, soothing v ata*oaphere with cool, JL cool awk provided kf V3QK a lire group. Visit as at VjMMNF Robin's
      169 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Loan for Sarawak cement factory project
      196 9 AFP Renter ASEAM Bankers Malaysia has signed an agreeaaent with Cement Manufacturers Sarawak (CMS) far a «12 million syndicated loan. The loans Is far refinancing a USIS mfflfan loan obtained earlier by CMS far the establishment of its cement factory to Pending, near KucMng.
      AFP; Renter  -  196 words
    • Article
      Lock icon NEW STAND BY EXIM BANK ON AIRCRAFT FINANCING
      201 9 Reuter y THE US Export Impart Bank his asked for public comment on a new policy of lending Ior certain aircraft Tfti proposed policy cwgt, made pub&c last IMek at the hank's first open board meeting, was suggested by James Moore, president
      Reuter  -  201 words
    • Article
      Midland agrees to join travellers cheque system
      504 9 THE MIDLAND Bank group has agreed to prtodpje to participate to a woridwk* travelers cheque system based on its subsidiary Thomas Cook's cheque operations, with a group of E»" opran institutions. The Heir system will be detailed at the European Financial Marketing A»oci
      504 words
    • Article
      Major reasons for fall of French and Swiss francs
      482 9 HIGHER leads of domestic inflation and growing specula tion that the already high US interest rates may rise further were cited as major reasons for the weakening of the French and Swiss francs in February. In the latest issue of Foreign
      482 words
    • Article
      FRCD oversubscribed
      130 9 BANK of Tokyo's USS2O million three year floating rate negotla table certificates of deposit (FRCD) was well 'over-subscribed, announced lead-manager SingaporeJapan Merchant Bank. Sixty per cent of the paper was placed in Singapore while 40 per cent was placed in Hongkong and elsewhere in Asia. Payment date is
      130 words
    • Article
      Lock icon Japanese believed taking out 'hidden reserves'
      114 9 Reuter THE JAPANESE Fkmmrt Mlaialij Is «KMrwto! «erelugt ««Wi .J*"** 1 seareea la Tekya «M. 11» arißttry uimti ta U I IM t>« Wtthci "IMfci nw«" Iml wee k fellewlߣ the pwMMh ferelga earreaey I tj| vwL iTST i«ik d —i Hfft fca yt
      Reuter  -  114 words
    • Article
      Lock icon Tokyo may raise PLR again
      63 9 AP BANK SI'SZt the mM hank might te hwti lindn rale again, the Kyede mm eerrlee npvM. mhMN tt tmmfcVmm ■•■■e FMfliMrt that the kaak b eleeely waieklag the «fleet ef the latest flseeaat rate Mke, Kyede nli The kaak raM the tale by li
      AP  -  63 words
    • Article
      Oil recovery lifts stock prices
      1288 9 NEW YORK A REBOUND by the oOs and gains by some defence, drug and airline issues carried the New Yorfc stock market on Tuesday broadly higher in heavy trading. The Dow Jones industrial average, firming toward the close, rose seven points and advances led declines
      1,288 words
    • Article
      Singapore market
      439 9 THE UJS. dollar weakened considerably oa major foreign exchange markets yesterday. with traders beginning to discount the strength of the higher US interest rates. Opening at M7JO/8D yen, the dollar slipped to MI.TO/ 80 before closing lower still at MS JO/flO at the end of the day. Against
      439 words
    • Article
      Treasury bill tender
      42 9 THE Monetary Authority of Singapore has invited hanks u>d discount houses to tender for a total of $40 mimtm 91-day Treasury bflto to be issued from March 17 to 21. Harh tender must not he for less than $250,000.
      42 words
    • Article
      Hongkong
      188 9 THE U.S, dollar was quoted narrowly mixed is thin, quiet trading yesterday as operators withdrew to the skMhws ahead of a major statement on the US economy by President Carter, dealers The US currency was unaffected by receding prospects for an early solution to the Teheran hostage deadlock and
      188 words
    • Article
      PLR
      22 9 THE tT«r«|« rate at which major Singapore bank* are currently prepared to lend to their best customers is 10.9 per cent.
      22 words
    • Article
      ASIAN $ RATES
      120 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on March 12: tlllsfl US PifcrrlftiiH oaTiSr 16* 10 17 16* IS 17* ISM ISM LS5/K IS 3/1S 17* 17* 17 ft/16 173/1# hid Das. (MINb FHsss) ft* sa/16 s* s&ne 7 t* s* t* 1 month 3 months months
      120 words
    • Article
      Discount
      7 9 iPrfrfr Espm Source: National Discount Co
      7 words
    • Article
      GOLD
      260 9 QOLD futures In Stagapore yesterday closed generally higher on some local buying interest in moderate tra£ tag, dealers mid. Total miss lor the day was recorded at 171 lots while volume (or kerb was 57 lots with activity centred on April and June contracts, they mid. April closed higher
      260 words
    • Article
      London
      170 9 THE U.S. dollar came under slight early selling pressure yesterday in a repeat of Tuesday morning* f trend here after opening enter on Far East levels, dealers said. The dollar slipped to 1.80)0/20 marks after an openfa* 1.8063/63 and compared with LBOBO/15 in late Hongkong trading, with dealers repotting
      170 words
    • Article
      Tokyo
      104 9 THE U.S. dollar for overnight delivery yesterday closed at >47.15 yen, up from a 317.00 opening but down from 248 00 at Tuesday's dose, dealers Trading was fairly active with volume of US$BB5 million. Dealers said they could not detect any central bank Intervention, but believed the central bank
      104 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      89 9 t VVVI BOAS THE d#t>* e p«op\e boy 1 w» MP^ .\N \Gi <*IVI I \«tv < 1 ifc iM \\o^ \N^ ir > I wt\ x >* < r v 1 V' I no" ~tU9M > T T rw «vd iM*""" /\etn« rn m of wit**** btC k»o uod
      89 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1110 10 BID. tad offer prlccs offlrlally tfeteit uri bueiaeei ta ead reported to tke Stock Eirhenge of *i*r~* jMf iliji with the yuaber of ikeree traded okowk Ib brackets te lots of 1,104 uaiu. anises otberalee Sp6dftcd 7 SBCTION ONI f» t INDUSTRIAL
    1,110 words
  • Article
    Unit trusts
    107 10 (inufj SSwSpl M 1* ta (On If La. S*pcrv Pn« 1 iy._a._i w tad LSI 1 Ptod LR LU t* IM um M L« L9 r tad IM Ul j port BR. w rp«M 8*p«rt tqmH: n> MU MtdkmSTr MslPragra iUSnrty 2 ■d U LB n IM L»
    107 words
  • Article
    SHARE INFORMATION SERVICE
    2555 10 •r Gr*a (M Nat 1*79/1*00 H%li Low Last Dhr Dhr Y14 P/E Vol CMyur Sale +er- Crr POOO) HlC k Law 8BCTION OKI V INDUSTRIAL COMMKBC1AL i i VI 123* lift 133 288 ST* 188* m in 3M Aetna Alcorn Allied Choc BAT I. Bata Ben BM)U»
    2,555 words
  • Article
    In Kuala Lumpur
    1676 10 BID aad offer prica oActeSy lMted aad tiiiMnin M aad r»parted to the Km!» Lenpar Stock Exchaage y-faihy with the number of Mrn traded Mwwn ia farad»* M krta of 1.000 oata. oakn otherwtae specified. a«a(3dllBl I<,B,BMU MnBMd(IMB) AChM (1MB) IMB (IM) (3) IM (1) IM M
    1,676 words
  • Article, Illustration
    Sellers still in control of share prices
    254 10 oapport •Trsilig Srtl > SS£r£S Sat WĕM aoMag im* Otamn hM •wtafM podUoa, kit Mriy ieUveryremalße Iw Iks SvTi!L*s U.7Sr AkoMi tfte iMgIMS ■Mrtotrmrtol £p2n?Z2Z Oa Mm M BHhilM Mb M 111 |Mp to p^^ i loJ^^lllSStoSSm* intf<MtafMilkeOr»hjjl tt MM^TMM nraoftr. Tfcr ooutor.
    254 words
  • Article
    Prices in KL close lower
    554 10 PRICES «isilliMsd to mm on farther correction to close generally lower oo the gii«i« t iiwp» market yesterday. Trading was hssltsnt and volume fell with the wmĔm trend. Genuine buyers preferred to stay clear, leavtog the weak holders to take their profits. If any, or
    554 words
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  • COMPANY NEWS
    • Article
      Earnings at UIC increase by 31pc
      633 11  -  By ANTHONY TAN GOING against its own earlier pessimism about growth prospects, chrtnlcals and property group United Industrial Corporation (ÜBC) has reported a $1 per cent increase is earnings for the six months to Jan 31, 1980. Consolidated pre-tax profit (before minority interests) improved
      633 words
    • Article, Illustration
      Another first for Guthrie
      183 11 GUTHRIE, which pioneered the uae of aeroplanes in plantation management five years ago, has now become the first to use helicopters. Earlier this week, the group switched from a twin-en-gined Britten Norman Wander to a Bell 260L1 Long-Ranger IX. Guthrie said die helicopter's ability to land
      183 words
    • Article
      BMT profit trebles
      219 11 PRE-TAX earnings at British A Malayan Trustees (BMT) more than trebled to $38,000 far the six moths to Dec 31,1979, (ram $11,000 hi the previous period. Estimated income far the latest period rase to $250,000 from $225,000 previously. BMT chairman Tan Upon Siang expects profit far the
      219 words
    • Article
      RESULTS DUE
      258 11 Dale La* Fall Ye V Cmpuy rCriM linn nd Net EPS Qnm Pre-tax but year (eeate) Dtv. mot M'wata Steel <%> (W) I 22/12 12.4 10.0TE 14,803 Nat Iron F 7/2 57.8 al7.9 37,679 UOB F 27/2 19.0 all .4 35,829b Sealion F 1/3 6.8 5.0 4,057 Sup
      258 words
    • Article
      Profit at Pacific Chemicals rises by 36pc
      228 11 PACIFIC Chemicals, a subsidiary of Dow Chemical NV of Netherlands, is raising its dividend payments to shareholder* following an encouraging set of preliminary results for the financial year ended Dec 31,1979. Compared with a first and final dividend of 12 per cent tax-exempt
      228 words
    • Article
      Profit jumps at G. Ropel
      270 11 HIGHER crop production and commodity prices were instrumental in pushing Guthrie Ropel's profit up to a bumper level last year. The group's pre-tax profit, after a strong 82 per cent jump at the mid-term, soared to a hefty MJ28.9 million an increaae of about 50.5
      270 words
    • Article
      Investors advised to be cautious in the short term
      627 11 Market Talk... WHILE the longer term prospects far the slock market are buliiah in view of the buoyant economies of Malaysia and Singapore, Kim Eng Securities has advised a cautions approach in the abort term. In its latest issue of Investment
      627 words
    • Article
      DIVIDENDS ANNOUNCED
      403 11 Carremt Payateat Rx Date Booka Cloee Date Payable Total far Total for i tke year Preelea* year Per lie Plaat Liafai B Bewat Prima B L Bepoa< Uln Boaut 8«l Neta M'eia Bice 8 P Textile T Ceaieat U AC B IJataag MBS A Aatal Hum (M) KSMta
      403 words
    • Article
      SCRIP ISSUE
      193 11 Co«p«»y Particulars Ex Date Books Cloaa M U lad Teatrlok 8i»e Darby G Keal TTtil Pu Malaya* D B 8 8t Steam L td Mai Sea View OUB Rights Issue of 1 for 1 a 12-00 Bonus Issue of I for 1 Bonus Issue of 1 for 3
      193 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      698 11 J il OVERSEAS UNION BANK LTD. "INCOPPORA r fp IN THf WPljfll tc OF StNGAP* mt> ANNOUNCEMENT The Board of Directors of Overseas Union Bank Ltd is pleased to announce the following: AUDITED NET PROFIT AFTER TAXATION FOR THE YEAR ENDED 31 DECEMBER 1979 The exceptional item mentioned above refers
      698 words
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  • Article
    Suggestion to abolish an existing law
    353 12 MR JUSTICE Choor Singh yesterday recommended an existing law so that a pet ion accepting restitution of hie own property to conceal a crime will not be committing an offence, r He mid: "It mem* to >ne that It ia not (ihhiwit far a
    353 words
  • Article
    Lock icon Takeover of GM (M)
    117 12 Reuter ORIENTAL Holdings Bhd said it has agreed to acquire the entire issued capital of M*S million of General Motors Malaysia Sdn Bhd (GM Malaysia). The sharea will be purchased from General Motors Corp of the US foe $178 million, antyect to an adjustment to reflect
    Reuter  -  117 words
  • Article
    Lock icon Landslide win by Carter, Reagan
    542 12 Reuter PRESIDENT Carter and Rons Id Rsagaa have won landslide victories in three southern states primaries and face the prospect of poesibly knocking out their main rivals for this year's preeidential election in the next round. The results of Tuesday night's primaries In Florida, Georgia
    Reuter  -  542 words
  • Article
    Foreign investors welcomed in NZ
    326 12 A NEW Zealand government official iaid there are serious abroad about the tnvtiuenlpolhiwa of hie coontry. The official, Mr David Harcoort, la a member of the Investment Unit of the New Zealand Department of Trade aad Industry. He aaid one mieconceptiou la that hfta country*»
    326 words
  • Article
    Query on building cost
    78 12 THE MINISTER (or National Development will introduce the Housing and Development (Amendment) Bill when Parham—t next aits. He wffl be arised, at the sitting on liar IS, a somber of questions on the high 'cost of building materials and the public housing programme. Mr Tea Toon
    78 words
  • Article
    NTUC team on study tour
    155 12 A POUR-member team from the National Trades Union Congress leaves Singapore today to study labour colleges and trade union education centres in Europe and brad. The team win the organisational and administrative set-up at these institutions and look into their existing curricula and how it
    155 words
  • Article
    Lock icon Plan for new type of rubber contract
    215 12 AFP THE Malaysian Rubber Exchange and licensing Board (MRELfi) plans to have a second hedging contract to increase trading volume on the Malaysian Rubber Exchange. Primary industries Minister, Datuk Paul Leong, said yesterday that a second hedging contract based on SMR 20 win
    AFP  -  215 words
  • Article
    Lock icon Preparing for an emergency
    81 12 Reuter MALAYSIA'S Local Defence Corps (LDC) will be reorganised and given full military training to function as part of the regular army in times .of crisis. Defence Minister Datuk A mar Tart) Mahmud said. Currently, some 30,000 LDC members with limited military training help maintain internal
    Reuter  -  81 words
  • Article
    Prem includes several opposition figures in Cabinet
    202 12 THAILAND'S newly-ap-pointed Prime Minister, Prem Tinsulanonda, announced last night his Cabinet which Inrhirtw •everal leading figures from three main opposition parties. General Prem, the army commander In chief, said he would keen the portfolio which he held under the previous government of General
    202 words
  • Article
    Lock icon Iran still wants the Shah back
    317 12 Reuter THE secretary of the ruling Revolutionary Council ssld yesterday Iran is still insisting that the fbrmer Shah ehould be returned to this country aa a condition (or the release of the US Ayatollah Mohammad Tlfhsshll ssld the ex-mon-arch, now in Panama, must be
    Reuter  -  317 words
  • Article
    Lock icon Another mystery sinking
    269 12 UPI A 122,000-ton SpmMi tanker exploded and sank in lam than a minute off the African coast, Just II kilometres from where another ship sank in mysterious circumstances two months ago, officials said yesterday. Only sis members of the ttman .Spanish crew had beet* recovered S bouM
    UPI  -  269 words
  • Article
    LONDON STOCKS
    531 12 LONDON, Wad. Gold tell dosed hither while government bonds and t* I**1** caM tower. dealers Mid. At 3 pat the FT index was dewa 10.4 at 44BJL Gold shares advanced by up to 12* hi sympathy with the tioafu tsrihoa prtoa. Governing to h point as oponttn staOsttos.
    531 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      252 12 NOTICE To«he holders erf" the floating rate U.S. DoUar' v Certificate of Deposit due 16th March, 1961 of. A The Mitsubishi Bank, limited D.B.S. Building, 6 Shenton Way Singapore 1. Wc hereby certify that the rate of interest payable on die above-mentioned certificates of deposit for the interest period beginning
      252 words
    • Advertisement
      Page 12 Advertisements Column 2
      2 12 Leader- Page
      2 words
    • Advertisement
      Page 12 Advertisements Column 3
      298 12 CENTRAL SUGARS BERHAD (Incorporated in MslsyeiaJ HALF YEAR REPORT AND ANNOUNCEMENT OF DIVIDEND The Directors of Central Sugars Berhad announce the unaudited results of the Company and the Group for the sb months ended 31st December 1979. Unaudited profits before taxation Six months ended 31.12.7f t Group incorporating results of
      298 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for U Inn prhr to 7J9 pjn. m Mar 11 At the airport. Maximum temperature 34.0 Associated humidity 52 Minimum temperature 23.6 Associated humidity 96 Hours of sunshine 10.50 Rainfall in millimetres Nil Total rainfall for the
      59 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Boat show
        51 13 SINGAPORE will held the second international exhibition of boats, pioaumii crate, maintenance aad ancillary equipment from Aug 9tolo at the World Trade Centre. Hat Boat-Asia *80 exhibition wffl show nearly everything related to boats including deck-fit-tings, anchors, httftWwg tools, flan and flares, wet suits and various boats and
        51 words
      • Article
        Lock icon CAF adjustment
        53 13 Reuter THE FAR Eastern Freight Conference said it is reducing sharply the currency adjustment factor for France to 26.5 per cent from 31 per cent. The revised factor, which is based on average exchange-rates on March 5, C and 7, applies to vessels due to sail on and
        Reuter  -  53 words
      • Article
        Lock icon Merchant fleet
        75 13 AFP THE VOLUME of «be irarld'f merchant fleet rose 12 per cent last year to S3 mffllon gross tons, Hrrtiwrtn llniiiih n■! W— W„ <a Sf S ll i m we uremen Mercnant Marine institute said. The 12 per cent rise on the taevlous year represented aneight million
        AFP  -  75 words
      • Article
        Lock icon Tanker sinks
        56 13 Reuter A SPANISH oil tanker wptaM and sank almost immediately off the West African coast on Tuesday aad only five of its 43-maa crew have so fsr been found, Lloyds Shipping repotted yesterday. Lloyds said the 122,500-ton Msiis Akjutdra took ocdy nnmili to sink after the «tM'p, about
        Reuter  -  56 words
    • Article
      Work begins on new wharves at Pasir Gudang
      440 13  -  ®y G DURAIRAJ WORK has begun on the site tor three new whanrna at Pasir Gudang Port la Jahore unto a programme to upgrade the port to handte containerised cargo and in anticipation of future growth hi throughput. The port, which has
      440 words
    • Article
      INDEX TO ADVERTISERS
      418 13 Cat a*ptafi*w fm CM Adriatic IV 5 Done Sue VI 1 A1m VI s DSR VI AUtran* VI 5EACLtaea n v 4/5 4 Aipac VI s Eaat Malajrta VI Angkutan VI 4 EDat VI 5 ANL I 1 Hw m 4/5 4 AFL m 4/5 < Everett
      418 words
    • Article, Illustration
      Jurong converts building unit for shiprepairing
      386 14 EVIDENTLY batted by the strong TINMMkA 1 T J» n^4 repair nuut, juroog ouipyifu us turned its new snipcxiiKiing division over to shiprepairlng ac- ->V UVIUcS. Conversely, the move seems to reflect die yard's unsiruifiil attempts to secure fiwifh new buildtag orders to xsep
      386 words
    • Article
      Container Schedules
      589 14 IMPORT FCL CONTAINERS EX CONTAINER VESSELS AT (X)OTAINEKTERMINAL Vessel's Voy Discharge Store Rent Mode Of Name No. Due Operations As Princess ***** 8X80* 1220 11X80*1500 TT Merry Viking 1SE 8X80*1310 11X80*1500 VC KuramaMaru 42/518 8X80*0000 113JO #1500 TT HK Express 38/414 8X80*1816 11X86*2300 TT/TC Ifmre trader 2W 8X80*6666
      589 words
    • Article
      LONDON FREIGHTS
      1510 14 GRAIN rtdfHi irranged carfoss on Tataday from US Gulf to Beirut at US$92 (Bo) lor March and Aram the Golf to Tfclwaa at $49J0 (fio) far April, while buslines was Snalted from the Golf to Japan at $3159 Oo wth April loading. A 11,009-ton cargo of soybean meal
      1,510 words
    • Article, Illustration
      Lock icon Going back to the coal-burner and sailing ships?
      973 15  -  BEATING THE CRISIS The soaring cost of fuol oil has turned the thoughts of some ship operators to cosl-borning vessels and windjammers. In Britain, work will start soon on a live-masted barque for deep-sea cargo carrying. Shipbuilders in Britain and Japan are
      FT  -  973 words
    • Article, Illustration
      SHIPS IN PORT
      510 15 ASBTVALJS TODAY omLviira SSW"" Cangshaa (after Kho Heng) 40/41 Dajnemar (ISM tide after Tamuraewerett) 27/31 Bwwntno (after Fides Sads) 1/7 Frotakobe (after Fide* 4 KoCa Tim*) 8/9 Hong Men (shifts after Shosttn Mara sails) 98/91 If rial (Tanker) (after Paha Sea Horse, P/O, subject pa free) 15/18
      510 words
    • Article
      SHIPPING LIST where your ships are due ... and when
      3586 19 SHIPPING LIST where your ships are due and when ■np A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port
      3,586 words
    • Article
      Lock icon British yards win £50m of contracts
      126 20 Reuter STATBOWNED British sMphoiMars iBBouBctd contracts wwifc £90 itUpr^ agstaet fierce cwipaUilsa from Europe aad Japan, I J am L Hi ma oTtusn atupouuaers ooara memaer joan r*ar*- reflects toe growing conndance that shlp-owalag <us«a lists have la oar yank," ha aid. Work days
      Reuter  -  126 words
    • Article
      Lock icon Japan Line seeks bank loan moratorium
      129 20 Reuter JAPAN'S largest tanker yiil», Japan lint, is seeking a uaa alio lam on repayment of loane totaO- ir- ing *>wm* n.7 m**— yen due in the Una aria! year aa application lor an > extension with a Tif war syndicate of about 9
      Reuter  -  129 words
    • Article
      Odds against a 1980 boom for Japan
      554 20 JAPAN*» dripping industry has bcu returning profits since the stnrt of the current financial year last April But it Is still very much at the mercy of intsmsthwsl developments and. already. ttnuSSshkSlfiddte Bast to having its aflKt and boding ill for Japan. Aa
      554 words
    • Article
      WORLD SERVICES
      370 20 FBANCE-U8: Msrseffles Fret SA opsrattag as Marfret Onatatasr Lines has switched its aowly purchased 440TEU multi-pur-pose carrier,,Doac* ftaaee m from its service tram France to tho French An* tffles to a new Inrtstwartsnl rimtslais service betueaa New York, Baltimore aad rharfclrai and Le Verdon and Bilbao. Soiling fraqweo-1
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      Lock icon US navy force of 7 ships in S'pore
      202 20 UPI A US force of Mvaa Mat and um Marteoo ordered by PrMidnt Cartar to tho Arafataa 9m off the coast o( Iran arrived in «ngiporo amphibious aauh ship USSOldmwm. moat of the naval faro* MMMd up the narrow Jobore Straits to
      UPI  -  202 words
    • Article
      Lloyd's to certify the N.Rankin platform
      78 20 UXmn RagMer SfctpWOOQBKK iwwum l*veh opcnent Ptjr Ltd at cartttying antbortty tar tte North Raakta 'A' platform far ta> ■tallwfior oath* North W«ft aa»i> In. WoodßQi it tot operator far the aOriMredeatgn. caoHiuctfaa and productioa far thr North Wart SMI Jotat venture. Th« yartkhaati
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      WHO ACTS FOR WHOM..
      1281 20 The leadbur iklppiig limes eperatteg (rem M «S 1, A-B Adriatic OnWw Omiatmr Feeders (S)/Cargo Freight (PK). IRA Shmapore AMt At»- 1 dee (S)/Euro-Aria JJM C. TMifer 8m Consortium (S)/Mariatex Enterprise (PK). Alpne Intrasea (S)/Yeo Shpg and Trading (KL)/Mand Cargo Handling and FVs (FN). IHm Express
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      150 13 PIRAtUS MAN NE SINGAPORE PTE I! 0 I. V |£nt Overseas ine EI via nm Tomtom mono kong> UwhM ajjj. 3* Qtm f|HK U/3 3/4 15/4 17/4 20/4 a/4 2/5 M/< *< JW W Jfl 13/5 ?/4 a/4 5/5 7/5 10/5 11/5 a/5 11/4 4/5 Wi Ufl a/5 22/5 2*
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      167 13 I S3lm SI: A LOR I) W lAI i V.'' UNITED ARAB SHIPPING CO SAG r hm. Ami I im+X WEEKLY MULTI-PURPOSE SERVICES ■:n m rULi V CONTAiNERISEO SERVICE .araetciicrn^isiaseea WMBATOR V.4 mmm kuT?^ IT: nuiwi—■! -a» mm. mm mm munm tmr hi zimm ma Ndumii crs Ofc ps> fioooiw
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      49 13 m w* nn i 7/3 W W 1/4 l«/ 4 1274 14/4 15/4 17/1 11/4 »/4 a/4 a/421/4 22/4 24/4 S/4 21/4 27/4 2V4 a/4 2/5 3/5 1/5 MV» W M W» k U/» t#s»> mL3 tV3 11/1 W> 21/3 */3 W3 12/4 11/4 HM > HH m N A
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      Page 13 Advertisements Column 4
      202 13 cnan INiSTDE :«:n; I zm *>'- i MAERSK LINE EXPORT .r- ittt; errn I ir-r—-17-17/3 24-25/3 314/4 7-M 14-15/4 0780 In CFS IS TO ARABI AN/PERSIAN OULP-FULLY CONTAINERIZED SKRVICK HI W/» ii'ry.Vi^B'>7rgf:w-:i>¥ «::m« i/ > fHOifclAgT CANADA. ATLANTIC. QPLTAPACTTIC M* IVJ M* WJ tvs n/i a/i v* w V 4
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      444 14 iIPPING PERNAS MISC SHIPPING AGF.Ni Tl jb HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 i w*i*j» t J*?Sl CORPORATION BBtHAD 3) Hto|4)6M W Ifl/4 1) ta ,9Vta|/3) r«i 4) wtm S) Li N PMmi Um SM W MM W IV) MM s s a is ss S3- si flan
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      Page 14 Advertisements Column 2
      154 14 SUPERCARRIER<SERVICE »/4 27/4 11/9 12/5 M M UIU/3 17M fa 1/4 MM La 31/3 I*4 Fa IS/I «M la 14/4 ISM M W* RON MM fta Mi ML IM M UW 14/3 17/3 M/ 3 21/3 MM SaM 11/3 a/3 24/1 S/3 17/3 SdU StM 22/3 25/3 29/3 31/3 1/4
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      612 15 Containers Limited eervice to/from UK/Europe .J |l l Brunei Porta and Bangkok Unk» Te/Fnai UftM OX 12*r M% 7* a* a* MM Z* MM 8% 27M a% I tor 3d* MM a* >My Uk) 12 Nor 14 My 7M* I Hoy 11 My 12 My MMm MMm MB* ftv Uftv
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      Page 15 Advertisements Column 2
      291 15 FIB Fr inico B(?l(jitiri Services n T"^ C.M.C.R. 53 SINT, APT)Pf NOUIRIf S ???V44 BOOKINGS C S ???4(*4 T #»r mm< Seatrain Pacific Services S.A U M Mf |/e MB M VC M U M v« M M/t tv< IM l/i Wi IIA m 7/1 wt nn m ntt vn
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      405 16 Hapag-Uoyd > .1 RUT COHTHSMO TO 1/5 11/5 9/5 11/5 17/3 V« 29/4 27/4 24/4 4/5 M/ 5 1/5 2S/4 5/4 7/4 M/ 4 7/5 1/5 11/5 21/5 12/5 10/5 24/4 27/4 17/5 25/5 2/* 25/5 24/5 ma to «oi/raEm TV m Tpm P faN «MM Ml 17/3 15/3 2V3
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      383 16 llSt*) LIME KOREA SHIPPING CORPN M.TM 149H 3d 11/14 Ifar ALTMRISOE 9d 11/14 Mar 9 WAl47* 7/10% '11/15 Apr VEGAI4K < 7/10 Apr 11/15 Apr FM BUSAN BANGKOK TOBUSAA FMMBM nm TOBUSAN PENMI6 CALL SUBJECT MDUCOKNT acKxacacKScacKscacKscacacKxacaciacacacKscucn ttW* STOK CMMfN MMK CO (PTE) LID TEL: *****U SUMffllß: MELIUS PEMMMUHGUNONG TMR
      383 words
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      206 16 0 EVERGREEN LINE iroh XPP i mu v N SBgszr mmm -I™** ALSO ACCEPTNG CARGO FOR: UNTO) KNGOOM somwrTw. iondon. imocster. HiUfri HH 4te I*. I* Mte 11% n>w i«*f ute ate ntm dZ ?te ate ate iX> iZv 4tef fUROrf FAR fAST IxmSS fUIL CONTAINSR SERVICE ImtM to fetey
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      348 16 X ft V. 14/1) Ite H/U MB yri w ii umum lt/!l Mb l/l kr B F.S.S.C. Ag«nH in MMByMo: TEPS MALAYSIA NMMKHMI unrollWUl 8. A. C.I. F. 'ARGENTINE NATIONAL LINE" LOAOM FOR CUSTOM, MOOS MES trm "MEXICAN NATIONAL LINE" FM EAST/MEXICO ft CENTRAL MfEMCA SERVICE "m TMM ttraufk M
      348 words
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      Page 16 Advertisements Column 5
      308 16 T~rao7sir^ V OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE F. Uh Smm Laadhc kr mm zs/25&r waim sit.ifa.fl MUWB 19/9 Apr 15/19 Apr Sfß.lß.fl BANGLADESH SERVICE "WNMCI H/tlWm CNTTMOK, JAPAN/STRAITS SERVICE tLKMB SSL 24/»t warn, mmmm 2S£ g£E .l** ■SSAMMSS 23/25 Ikr 21/27 Nv IA EMM Ml II
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      299 17 fS* PIL GROUP EAST AFRICA/REOSEA SERVICE a wnwm 2«/sApr COLOMBO/KARACHI P. GULF SERVICE n, Karacfc, Muscat Kawait Karachi SING APORE/CHITTAGONG/RANGOON/SERVICES SINGAPORE/BAHGKOK/SINGAPORE DIRECT SERVICES Caiaaibo, Dubai, Karachi SIN(i APORt /INDONE SI A SINGAPOfIf SERVICES 22/25 M* r/u Hv M/aUm 21/24 Mv M/2SMV r/17Mar S E A Container Feeder Service SIN JKT/SIN
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      Page 17 Advertisements Column 2
      26 17 ttr SOON SKNc; GKOI P JK Regular Service Ic East M sia w PJUmi sw* rmmmhrM .n& FOK SOQH 2*3 20 Mar 19 Mar U/STm ikvK'tl <
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      657 17 BEN LINE CONTAINERS amstcxmmo mmio/mmmm fftWgt Stm t ta OF— UM kM NNt»* a/1 a/J JV3 W) V 4 Wjja 11/4 11/4 ui»M«to a/< S2E* 3V» v* > vs V* U/5 »tmk rm»u row (n*l/tatai laatfs UN MM MM V* V 4 V 4 11/4 11/4 a/4 H/4 a/4 1/5
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      Page 17 Advertisements Column 4
      437 17 ScanDutchW 11' +4 lllWl •Mikh ill 1 «M DCtaqTXTtal DTw *Wtm SH* MTeM fgf. mmm at at at at at at *W3 MUM* m at at at at at >VJ tll/3 IKM» at at at at at at S/IIV3 <M U/3 2/4 n/t W h, •.tow at at at at
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      232 17 h BOUSTEAD SHIPPING AGENCIES j( < U.S. GULF COAST SERVICE (N«w Orleans, Moblt, Houston, Gahrcstoii) GBKVCVI LTKD (4k* I B (Mi)_ 23/24 M* SKUA IYHS (*eh A Mi) 1/4 Apr V« Apr rrrr*" r,\ i• FESCO LINES J! nv FUTOH HV SMfMMCH 4¥ PMUOM Mr 13/14 14/ IS Ml 14/
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      304 18 K line KAWASAKI KISEN KAISHA. LTD. v« 14/4 U/4 1V« W4 IV4 W4 Vfi a/4 1/5 VI i/l Wl WS VI WS 11/1 >4/1 17/1 ONBUIOKTOPAIBAIT •UNm r.M« KM* (M» taM ,I»M IVI 17/3 a/j a/i ■8 jukiuAM cnnup W* 'M WconrtOoMta, MM Mtk t/s to Two, Mmn, F. fen,
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      Page 18 Advertisements Column 2
      293 18 5S m CAUFORMA/PACfIC MRTI WIST SUWCE EXPRESS CtNTAIER/REEFER SERVICE Uatf* Mr LOI MBA M fIMMOKO. UTIU. IMOM. MMBMR. IX. AVSTRAUA EXPRESS CONTAJREI SERVICE t mhi rp fm mm a* 'in Mr IJM 14 N* It Mm 75 M »M 4Apr I"(CMMfc.) Nlfer aMr 17% 12 Apr 7 Apr MT II
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      388 18 r rot 11 > SINGAPORE SHIPPING AGENCIES PTE LID sis Qt M «Ai s >,<• A H A M*.m i 4 i Sk Si A NUOSNJP 11(111 iHni l*c<|i<Hial DoiitaiiKT Lines WiiKlY CONTAIN* H SERVICE to/lrom BANGKOK 1291* krVM Mr IBI4H IVHIi vmm a/vm UW 2/1% MU7N 9/19% 17SUH M/
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      298 18 T' Tr -I- Ml +MN Part UU. Nfrmili (M a* STMITS/EAST MM SBNKE S>m P. Mm laaM* tar. N.». UNDN NCII TOW VJS 4 Apr; I 111 111 K«tlM*|/ V Mm| K«| il COUMBUS WJfTUK VJC 31 Mar Han K«|/Kwtai| MI OWNED VESSELS 1 taam* am—) SHTfMG AGENCES (S) HE
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      205 18 INTRASEA (PTE) LTD f at r~ m LA ROOfLLE 33 21 rrr Imitt 3 FUJIWARA LINE i r I T ftl J^iiiF 3&> t .ly Ak I. p' B IE i i it A 1 H rr m u*l a*t am a* *m HApr «tt| IN *r 7Mv MMf LKUKfUI
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      108 19 •1 SUMMIT SHIPPING PTE LTD TEL *****33 *****95 *****01 (Accoffec Cargo for CALCUTTA) STORE CAICUnA MV SELAMAT 14/3 SHAW LTD tnijHsi P Um M.V. TNM rim DOT 4/SO 24/25 Mar M.V. TNM TMC VOY 5/10 12/13 Apr (VMM* bum IW3. rafrtgaratad IPM A r*M*y Utt 16 Tor* ava.l«t»a> AOCNTS: Tm
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      220 19 ill* I Vr'.i-: (H) MIMI TE. *****2, *****5. CO. LTi. TEL *****,*****, ***** WORLD LINE DWESS REGULAR SERVICE JAPAN/HONGKONG/STRAfTS vessel OLR FNR MOOT FQJX STORE 1-15 MMtr 14 MPORT l-l Nw. 24/25 1-31 Nv. 27/2S PRELAW HmWli Ofe. 15/10 Mm. H/n Mm. 29/31 VMM EVKB (J) m lit, M, (to
      220 words
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      Page 19 Advertisements Column 3
      140 19 KANNIVELL LINES onui cms mumi) SEA UNI IVJ MMI KIICHM6 SEA LOME 115 4/4 1/4 1/4 KUCHK/RK SEA LOME IVJ 23/4 21/4 24/4 SEA UMCII7 13/5 15/5 17/5 SEAUNEIVJ 2/1 5/1 7/4 WDfIS: SNGATOK MOUEB* (S) PTL ITB,THj 22MM22 (I LIB) P K£IAMG OPTO* ca dD ML Ml. IB- 3t7M
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      6 19 r., fij|Tr U'MiOM'M mriaANM^dhl ttayrjuna -AST.
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      133 20 $#CR.4 THE TIMES/ WORLD! fife MwS THE TIMES ATLAS OF WORLD HISTORY combines the visual detail and excitement of an atlas with a full scale narrative of world history from the earliest times to the present day. Planned for the general reader as well as the student, it is the
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      103 20 C_s r i *v *T 1 V L < X, tl *A »I tOMFICANT WEATHER AND SEA CONDITIONS AT7JS AJL TIM MOfMMQ. nnDt A ami C r/™* d recttoo "K* in kaots Raj. U ••T. DwHto C V Wawhrff* vMeh Oy wttk the vM Ow foil drtie repreeewts calm or
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