The Business Times, 1 April 1980

Microfilm: NL10553
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES HCJ(F) N*. IM/1/M TUESDAY, APRIL 1,1M9 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Gold higher
      95 1 AP LONDON, Moo. Gold prices pushed higher in busy European trading this morning, cflmNng tanck over the USssooin-ounce mark after last week's dip. Silver prices held steady following a panicky last week. The US dollar rose after an uncertain opening. "As long as the (interest) rates in the
      AP  -  95 words
    • Article
      Lock icon Securities bill
      95 1 Reuter WASHINGTON, Mon.- Senator Harrison Williams of New Jersey said he would introduce a bill this week to require federal regulation, of the government-guaranteed securities market. The bill would require Uoheia and dealers in government-backed securities to register with the Securities and Exchange Commission. It would also establish
      Reuter  -  95 words
    • Article
      Lock icon End strike call
      83 1 Reuter LONDON, Mon. Steelworkers' leader Bill Sirs today called for an end to Britain's 13-week national steel strike after an independent inquiry recommended his members receive 1&5 per cent Sirs, of the Iron and Steel Trades Confederation (ETC), said he would urge union negotiators to accept the
      Reuter  -  83 words
    • Article
      Highest inflation rate
      57 1 MANILA, Moil The Philippines' inflation rate rose to unprecedented heights in February as average prices of food items increased by 26.6 per cent, the highest recorded in the country in six years. Latest official statistics released by the central bank aid the increase was recorded during a
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    • Article
      Lock icon New decision
      88 1 AP TEHERAN, Mo* Bran's ruling RsuohiUflnwx Ouiimllwas inflated to have decided toiITSF American hostages transferred to giiwriMMPl custody and presumably use force if the militants balk. 11>e reported development followed President Carter's message to Iran's president The council decision was reported by the Coliimhto Broadcasting System news correspondent
      AP  -  88 words
    • Article
      Lock icon Dow Jones
      82 1 AP NEW YORK, Moo. The stock market continued last week's strong rally, undeterred by news that the US government's index of leading economic indicators fell for the fifth straight month. The Dow Jones average of 30 industrials, coming off a 17.67-point gain last Friday, added an additional 4.77
      AP  -  82 words
  • Article
    Chief Price Changes
    128 1 Rise s Indices M CaUN 306 "»PM Corpa 000 Island Pm m 2T1 M Ciim> 510 Tm Choaf 900 pmc ao Tiu. D*T MS Bporw Laad Mi Falls ♦41 30 10 15 13 10 10 10 ♦0 MorS Mar3i B.TJudex: 3829.76 3*45.38 Industrials: 450.26 fiLM Finance: 832.50
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  • Article, Illustration
    KUALA LUMPUR
    144 1 Rites lift dices Utd Mai Carlsberg Magnum Carp Utd Plant Syn Resin JCMPH Toshiba Batu Kawan High A Low C.C.M. MO 95 CO 384 no us 301 318 C6 510 570 +30 +15 +15 +14 +13 +10 +10 +10 +10 +M +10 Mar M Mar 31 B.T.Index: 030.19
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  • Article
    Confusion reigns in UIC takeover
    646 1  -  DEVELOPMENTS FAST UNFOLDING BY ANTHONY TAN THE withdrawal of United Industrial Overseas Holdings' $4 per share offer (Or United Indostrtal Corporation has left a swath of unanswered questions. Yesterday saw some quick manoeuvrings which now seem characteristic of the parties to the tusrie. To date,
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  • Article
    SCCCI building may house offices
    238 1 THE Government will apow the Si mi pore Chinese Chamber of Commerce and Industry's proposed bunding hi Teftok Agar >o hag* i imsiii i 111 chnmtMrt Telok Ayer in priadple wss gtaa by the MWster for National Development Teh Cheaag Wan at a The chamber
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  • Article
    Asean polytechnic offer from India
    336 1 INDIA has offered to help Asean set up a regional polytechnic or an hidustiV The offer was made recently in a munrrsnrt—i to the Asean secretariat In Jakarta. The memorandum also outlined the agenda for the (tost dialogue between India and Aseaa expected to be
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  • Article
    Shortage of computer men
    435 1  -  By HSUNG BEE HWA THERE Is a severe shortage of personnel tn the computer industry and this situation is expected to worsen In the next three years with the rapid increase in computer installations. Estimates (or 1978 indicated that about 2,000 personnel were employed in the
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  • Article
    Singapore, Indonesia agree to revise air services pacts
    87 1 SNGAPOBB aad Manerie have agised t* revise Slagapero Megattaa Pipsilwnl tt QvM Avte■seg, mM Via ways eaa new Wleeefe DC-M m lie lelerts Itogspeen-Bsesne mate with ths. Wlseafe todag HI. nianyoi eapaelty'(llß the aagapw»Jakarta raa. IMb krtags fIU«S eapaeKy eesuwir stoe M
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  • Article
    Local dollar gains currency in credit use
    438 1  -  LEE YOKE MENG THE Singapore dollar is fast gaining currency at an important financing medium in regional credits. The latest to use the local unit is Kupak Sdn Bhd which is obtaining the equivalent of IQ&S million in Malaysian and Singapore currencies (ram
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  • Page 1 Advertisements
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    • Advertisement
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      215 1 Plans for Generatin Some Have Been Decades Emerging I® the United States on a widelyunsuspected course of resurgence that was programmed years ago? Before you swallow another day's propaganda about erosion of America's one-time power, perhaps you should tune in on what Capital Gains Research has been saying and doing
      215 words
    • Advertisement
      Page 1 Advertisements Column 3
      45 1 SHIPPING TIMES praiae for {tore's ef HIGHER eest lit" 7 Dotop I Malaystaa hrf—triw U v BOW mr Yeilew Pages to be 7 bmgkt te ee«rt 12 AIRCRAFT I, TV AND RADIO I, CROSSWORD t. BRBTOW WHERE TO WINK AND DINE S, SHARE INFORMATION M
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    • Advertisement
      Page 1 Advertisements Column 4
      157 1 Ricoh Plain paper coders preferred oyomcss wonawKM. CALL *****6. ?V1 Wywy Private Limited flip Wywy House, 17 Leng Km Road, Singapore 0315. 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
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  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      433 2 SEMINARB AND COURBEB April 14: Marketing tor Secretaries, Hilton Hotel, Consulasia April 14-15: Essential Management Skills, Hilton Hotel, Consulasia April 15: Finance (or Secretaries, Hilton Hotel, Consulasia April 15-17: Finance for Sales and Marketing Managers, Hilton Hotel, Consulasia April 15-18: EDP for Executives, Ifilton, SGV-Goh Tan April 16-18:
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    • Article
      Approval for 22 codes of practices
      474 2  -  By JOHN LIM TWENTY-TWO new Singapore standards and codes at practice were approved by the Standard» Council of Singapore yesterday. The council also formulated the strategies and programme emphasis of standardisation for the next three years. Council chairman Dr Lee Kum Tatt, who is
      474 words
    • Article
      Marketing strategy
      117 2 THE m* marketing approach of tba WUUaaa Jacks pomp to payins off. At tht ruylr sinpT /1 iwwnnin w.«niini mwi *80, wcwad fHQ#» worth of «dM Car nsr pmjauK bmwim, oktrical goods ail equipment It also ncdvco enquirlei worth f5 rnilUon. The good Aoaig at the fihHUna Is
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    • Article
      Trade exhibition series for China
      152 2 1 AN laWmsttonal const ru<» tioc machinery and materl- ate ohftfttton will be held In Cusngihm trom July t to 17. CaDed "China Develops F, It will be the Brat of a Mtbi of trade «Mbtttoaa that wfll be ateged in China In the next
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    • Article, Illustration
      Smallest plain paper copier
      115 2 CANON, one of the world's lending Kcop&er machines itroduced a compact plain paper copier which measures only 366 X 515 X 538 mm. Claimed to be the world's smallest plain paper copier, NP3OO (above) uses Canon's latest technology of a single component development system which reduces
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    • Article
      ICL introduces new range of computed
      309 2 IN PACE with the competitive ianovatfoaa of America a aad Japaaeae companies, Enropsaa-baasd computer manufacturer PMMftMk Cesaputers Limited recently Known as the ME 29 range, KL* aald It offers more facilities, "faster reaponae, greater tarmlnal. connectivily aad higher prw »asim power than any computer
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    • Article
      Banking law course
      358 2 UflE Department of Estreat air al Stndiea of the Banking Law and Negotfa-' ble Instruments In New Lecture Theatre S, Joint Campus, every Wednesday and Friday at 7-fpm from April 1L The lecturer will be Dr Myint Soe, part-time lecturer, Faculty of Law, University of Sfagapore. The
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    • Article, Illustration
      PEOPLE IN BUSINESS
      337 2 MR TATBO Toda, manager of the tanner liaison office of Dentsu Incorporated In Singapore, has been appointed manager of the new Singapore office which began operations recently. The new office, which wfll function as a full-service advertising agency, will have Singaporean staff members and two other employees,
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    • Article
      New president
      75 2 MR David WeeTooa Jong bes been elected the president of the Diploma la Management SlndftM Akt—l at Its fifth si—Mi gneral naeetingbeld last Wednesday. Bernard Chung Tet Kheong. Miss Kob Sew Uaa bas been electod honorary secretory wfaQe Mr Michael Ng Seng Kee has been appointed treasurer. Other
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    • Article
      Research on how to raise money
      72 2 A RESEARCH project to being conductod for the Singapore Association for the Blind (SAB) to fiad ways to ndae more money Im i,a, rOT CQlngr. The riasarch project win •ba of the towards the blind, towards SAB and towards charity la genernL On Sep
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    • Article
      New postage stamps
      86 2 NEW ikflMtlw postage <—f tentorial nips win be on ate oa April 5 In all post offices. The DDhwy Road and Airport Post Offices wffi open tram S nm to 9 pm; Tos Payoh Central and Juroog Town Post Offices tram 8.30 am to 9 pm; General
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      142 2 Gomel and get] toa V J SAS goes to great lengths to make your business ours. For a start we give you a convenient choice of four flights a week to Europe. On Tuesday, Wednesday, Friday or Sunday. We also handle all your flight schedules, itineraries, hotel accommodation and transport
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      Page 2 Advertisements Column 2
      77 2 Changes at Wardley Mr Graham Walker, Manager for the past four years of Wardley Ltd, the merchont banking arm of the Hongkong Bank Group is leaving Singapore shortly to take up a senior post in Wordley's headoffice in Hongkong. Mr Walker's replacement is Mr Nicolae Carp, previously Wardley's Finance Director.
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      285 3 The second iteration of home vi here. '".V. V ii cm S Tk»o»y HMfB I p I L SONY Sonyßetamax SL-^T It's revolutionary. It's the first of its kind anywhere. A whole new dimension in video viewing. An innovation that is truly remarkable. And only Sony has it. SL-C7. A
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  • RAW MATERIALS
    • Article
      KL agrees to help India, Pakistan
      764 4 MALAYSIA has agreed to help India and Pakistan overcome technical problems faced by their domestic palm oil industry. For this purpose, a recommendation will be made to the government for setting up a technical advisory service in India. Haji Ismail bin Haji Ahmad, Deputy
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    • Article
      CLOSING PRICES
      39 4 Rubber: Mar 31 Singapore: April: 317.00 cents (up 1.00 cent) Malaysia: April: 316JM cents (up 1.50 cents) Tin: M $2,265 (down $5) (equivalent to $37.45 per kilo) (down 9 cents) Official offering: 235 tonnes (up 69 tonnes)
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    • Article
      RUBBER
      326 4 THE SINGAPORE market closed slightly higher yesterday with April Int RSS One buyers quoted at 317.00 cents per kilo, up one cent from last Friday's close, dealers said. Morning prices were marked up slightly on dealer covering and upcountry buying, they said. Afternoon prices eased slightly on speculative selling
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    • Article
      RAS PRICES
      311 4 R.A.S. prices In cents per kilo yesterday: (per kUo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 312.50 314.50N Int. 1 R.S.S. April 317.00 31*00 Int. 1 R.S.S. May 322.00 323.00 Int. 2 R.S.S. 302.00 303 00N UK'Coot 301.00 302.00M Int. 3 R.S.S. m00 300.004 UK/Coot 298.00 2SB00N Int.
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    • Article
      SSR and SMR
      103 4 NOON 98 It aad SMR prion ym BM April ICinl MU) c-JSa nrm l< 91.00 m.oo Mtfc) SSR20 S8R50 ItlaHM (1-ton pallM) 287 OC moo 209OON 2MOON U«n MU0N 290. OON MRELB April May SMRCV SMR L SMKS SMRGP SMR 10 (1 -too pattat) (1 ton pallet)
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    • Article
      Straits Tin
      62 4 THE Stratto tfla price la ft— yesterday (ell Ms 6 per pfteal to $121 afeeve the litem* ttemri Til Agree—eat eeUtag, dealers nld. A Urge eeatrlbattea ef metoi (rem arisen (er ead-meatfc settlemeats eased the market despite eeatlaaed reperte ef Jepaaeee, U8 aad leeal kayiag at ttti level.
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    • Article
      Sugar rise expected
      96 4 A RISE in the price range within the International Sugar Agreement has been virtually assured following a series of meetings of the International Sugar Organisation (ISO) in London last week V Producer delegates to the ISO, led by Cuba, Brazil and Argentina, as expected, called for higher
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    • Article
      TEXTILES
      199 4 YARN and cotton prices were quoted as follows last Friday. The Hongkong markets were closed yesterday: (In HK dollars, spot ex-go-down) Cattaa yam: China Blue Phoenix aOs 2,2»; 32b 2,760, 40b 3,000 (per bale at 400 lbs). Ptem gaeds: China Butterfly and Globe brand unq; Dragon Head unq; Five
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    • Article
      Produce exchange
      111 4 CHINESE Predaee Exchange, Sagapare, daring prices per pfcal yesterday: rim—t nil: Bulk SlOl sellers, old drum $107 sellers, new drum fill sellers. Capra: Mixed (loose) UK/ Cont 158.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $320.00 sellers, Sarawak white fob 96% NLW 1305.00 sellers, Sarawak special black
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    • Article
      PALM OIL
      97 4 VALUES in Kuala Lumpur yesterday ruled lower on lack of overseas demand and sellers sidelined in expectation of a higher crude and processed palm oil duty to be released today, dealers said. Trading was thin with the northern region traded M 517.50 lower to $1,002.50 per tonne while
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    • Article
      RICE
      308 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.06, 100 per cent second class 0.90, 100 per cent third class 0.88, 25 per cent new crop no stock, B-10 per cent 0.80. THAI BROKEN: A-super 0.68. Special 0.63.
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    • Article
      LONDON MARKETS
      643 4 SUGAR: Number two raw sugar futures were a shade up from Friday's kerb at the opening call but still showing on balance losses of £1.10 to £0.35 per tonne. The number four raws contract was similarly placed at £1.25 up to £2 down. Traders said the market lacked
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    • Article
      LME STATISTICS
      131 4 LME metal stocks: Stocks in London Metal Exchange official warebouses at the end of last week, (all in tonnes except silver, which is in Troy ounces): Copper rose 575 to 117,925. Tin rose 145 to 3,395. Lead rose 2,725 to 0550. Zinc row 700 to 50.500 Aluminium rose
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  • ASIAN STOCKS
    • Article
      Lock icon Index higher
      647 4 TOKYO Source: DBS-Daiwa THE NIKKEI-DOW rose Y29.10 to Y656.19 yesterday, stimulated by the rise of semi-conductors, atomic power, automobile equipment and trading house issues. But total trading volume was very small. Nippon Electric gained Yll to Y419, Fujitsu Yl3 to Y458, Old Electric Yl2 to Y353 and Shin
      Source: DBS-Daiwa  -  647 words
    • Article
      Sydney
      431 4 SPECULATION that stronger world gold prices would flow on to other commodities and rumours of another diamond find in Western Australia helped the market end a week-long slide yesterday, brokers said. Turnover was light and brokers said it was unlikely any full recovery could be mounted before a clear
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    • Article
      Manila
      122 4 STOCKS closed mixed yesterday with turnover lising to 9.3 million pesos from Friday's 5.8 million, dealers said. MAN .41 Pesos Acoje Mining 0062 -***** Alias Con A Alias Con B 33 00 2 Baguio Gold 0066 unrh Bmguei Con b UK Goodrich 15 30 0i CIJCP 700 unrh Inro
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    • Article
      Bangkok
      217 4 MAX n balits <• A»ia I'rntil Asia KibCf Aymliaya I in Ami Tru>t Bangkok ImrMtllrflt UatMckuk B.ink jne -2 Itanickok ltryinii And .silo li.uii!ki>k ln-urjmr It ingkuk MrtroI'ohi.in Ban llmtkok Nylon Rink Oi Am.i li.ink Ol Avurihaya lid 160 un«h ttala IWrli Jui krr 311 unrh Cariwt InlrrKMMMl ru,ir.«.iig
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    • Article
      Selected indices
      38 4 H.K.HANG SENG Friday 783-22 Week ABO 76* X* SYDNEY INDUSTRIALS Monday 580.91 Friday 583.00 Week Am *»47 ALL ORDINARIE8 Monday ***** Friday 700.40 Week Ago 784 85 Th« Hoi ngkong marM WM c iomd yiiln day.
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    • Article
      COMALCO
      58 4 COMALCO Lli mM It Is arranging a asw cnĔtt eqnivaant is (MM Mr'm to men anticipated capital project npndnv swsr the next lew yssrs. In the If* aaaaal tspsrt, the company astsd tMi wss in addition Is the SIK millkm eqtrfvateat tacflKks arranged during the ymr to finance the
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      253 4 1980 EDITION The Straits Times DIRECTORY of Singapore The Straits Times Directory of Singapore (also known as Buku Merah) has been developed over a period of 82 years. It provides the most comprehensive information on companies' profile including their management personnel, agencies and representations. The acknowledged value and increasing demand
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  • OVERSEAS
    • Article
      Lock icon Silver drop indicates need for more control
      546 5 NYT LAST week's turmoil in the silver market indicates that the US Commodity Futures Trading Commission might need additional regulatory tools such as authority to Impose margin require-, ments on commodities trading, said CFTC chairman James Stone. The chairman of the Securities and
      NYT  -  546 words
    • Article, Illustration
      Lock icon CARNAGE AT FUNERAL
      248 5 AP A LOUD explosion followed by gunfire touched off panic among an estimated 50,000 persons who gathered on Sunday for an outdoor funeral mass for slain Archbishop Oscar Arnulfo Romero in San Salvador, and at least 40 persons were killed and 226 wounded in the ensuing stampede.
      AP; AP photo  -  248 words
    • Article
      Lock icon Day of mourning in Norway
      369 5 UPI FLAGS flew at halfmast throughout Norway yesterday in memory of the 123 oil workers who died in the world's worst oilrig disaster when the Alexander Kielland "floating hotel" capsized and sank last Thursday. Prime Minister Odvar Nordli declared a day of mourning for. a
      UPI  -  369 words
    • Article
      Lock icon Favourable reaction from the Iranians
      667 5 Reuter IRANIAN government leaders have reacted favourably to the contents of a message they say President Carter sent to Ayatollah Ruhollah Khomeiny. President Abolhassan Bani-Sadr said yesterday that the message went some way to solving the crisis between the US and Iran, while Foreign Minister
      Reuter  -  667 words
    • WORLD IN BRIEF
      • Article
        Lock icon NEW PHOTO PROCESS
        401 5 Agencies NIPPON Paint of Japan said it has developed Jointly with a US-Japanese Joint venture company a process to manufacture photo sensitive paper and film for industrial use without using silver. The Joint venture firm is Napp Systems (USA) Ltd, equally owned by Nippon Paints and Lee
        Agencies  -  401 words
    • Article
      Lock icon Indonesia to send delegates to Hanoi
      145 5 AFP INDONESIA will send a delegation to Hanoi to discuss Vietnam's claim to some islands near the Natuna island group in the South China Sea. The delegation, expected to leave this month or early May, would deal with the technical aspects of the claim,
      AFP  -  145 words
    • Article
      Lock icon KL, Jakarta military exercise
      90 5 AFP INDONESIA and Malaysia will hold a massive joint military exercise probably in October. Malaysian Home Minister Tan Sri Ghazali Shafie, who watched the Just concluded large scale war game by the Indonesian armed forces in the South China Sea, has agreed to a Joint exercise,
      AFP  -  90 words
    • Article
      Lock icon Latest rise in oil price sets off unrest
      250 5 AFP ASIAN labour officials have said that the latest oil price rise has set off social unrest in varying degrees in the developing nations of Asia, press reports said in Manila. An Asian regional official of the International Labour Organisation said the
      AFP  -  250 words
    • Article
      Lock icon America urged to be more aggressive
      229 5 UPI THE United States must be more decisive and aggressive in the 1980s or risk the collapse of the industrialised west. Former US Secretary of State Henry Kissinger, in an interview with former Israeli Prime Minister Yitzhak Rabin for the Israeli newspaper Yedioth Ahronoth,
      UPI  -  229 words
    • Article
      Lock icon Ram hits out at Indira
      123 5 Reuter MR Jagjivan Ram, former opposition Janata Party leader, has taken over as president of a new breakaway party called Janata (J) and immediately denounced Premier Indira Gandhi. Mr Ram, a minister in Mrs Gandhi's previous government before her 1977 election defeat, charged her with
      Reuter  -  123 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      789 5 ARRIVALS Service Local Operator Number Tine From FT T71 0710 JFK/ORD/TPE PAA PA005 0025 NYC/SFO/HKG MAS MH682 0710 KCH SIA SQ528 0710 DHA SIA/BA SQ/BA17 0715 LHR/BAH SIA SQ101 0615 KUL MAS MH6Z1 0840 PEN MAS MH607 0845 KUL MAS MH671 0930 PEN/KUL SIA SQ211 1000 HLP
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      2 5 E/otic Food
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      Page 5 Advertisements Column 2
      477 5 ABU DHABI INVESTMENT AUTHORITY The Abu Dhabi Investment Authority has the following vacancies in its Bond and Equity Department. FUND MANAGER (NORTH AMERICAN SECTION) The Fund Manager should be over 30 years old and should have obtained a professional qualification. He must have had at least five years practical experience
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  • Article
    Starting off with stock exchange
    329 6 MR GOH Cbok Tong proclaimed in Jiis Budget speech last month the Government's Intentions of turning Singapore into an international funds management centre. It was not the first time the idea had been tossed up, but it was the first firm official statement on what
    329 words
  • Article
    American foreign policy floundering
    355 6 IT IS becoming increasingly clear, if not to those in Washington, at least to dispassionate observers from the sidelines of history, that American words and actions are distressingly at odds with the reality of their position. And it does not need .the occassional gaffes that seem
    355 words
  • Article, Illustration
    Lock icon The Confucian philosophy of doing business
    1442 6  -  The second largest multi-national in Taiwan, Tatung claims altruism as its reason for expanding from its home base. By RICHARD HANSON FT 'CONFUCIANIST cohesion" has become a catchphrase in the West among people trying to explain the extraordinary industrial success of Japan, Singapore, South
    FT  -  1,442 words
  • Article
    Lock icon Post office against commercial banks
    747 6  -  By IKUO AHAI Reuter JAPANESE commerical banks not only compete keenly among themselves to attract cash deposits from working families, they also face a major competitor in the state post office. The Japanese Post Office is one of the world's largest single holders on private
    Reuter  -  747 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      112 6 Homemakers/Furnima 80 wtU brmg you an even greater wealth of homemakmg ideas Exhibits win include quality furniture and furnishings, a variety of household appliances as weM as sophisticated bathroom, kitchen and living room products and designs Visit Homemakers/Fumima 80. One of the biggest events ever organised tor you and your
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1423 6 B.IROTI 0 BOARDROOM RIVALRY VIEWKKS caa expeet a pawerfai member sf Chfca- lit. The latter threate— I* fairiy eatertaialag eveaiag gA Mdety's ipper eraet, m leave. «he *her. The Baal mhtm SBC Map alk At lMtpaa, G—i Tlmtm the right with a series «f lUm W I This eptoiie to
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  • Article, Illustration
    All praise for Score's labour pool
    1488 7  -  Just like any other factory employees at work... KOH TSE YING reports on the results of the industrial scheme put up by the Singapore Corporation of Rehabilitative Enterprises (Score). KOH TSE YING MORE than one hundred boys were seated in rows, heads bowed in
    1,488 words
  • Article
    So like EDB to be modest and conservative
    371 7  -  Letters to the Editor LOW SEOW JUAN Dew Bfr, I refer to the report in Business Times on March 28, 1960, headlined "Reaching (or the Sky in 15 Years". The report contains an inaccuracy which, if uncorrected, may lead to the wrong
    371 words
  • Article
    A commentary that serves its purpose
    626 7  -  KOH TAI ANN Dear f9r, Having read Lee Yoke Meng's so-called "Forum" pouring "coal" (sic) on the so-called "fire" of the socalled "controversy" between Mr Nair and myself, I wonder wearily yet once more, why does the English press (meaning, in effect, the Times
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  • Article
    Lock icon Confusion in the White House
    869 7  -  FORUM J with WILLIAM SAFIRE NYT WHEN President Carter delivered his surefire, this-can't-miss, now-we've-got-it anti-inflation plan No. 4 to an adoring audience of Administration officials at the White House on March 14, it was noted that he seemed curiously uncomfortable with his text. It was
    NYT  -  869 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      210 7 TAX HAVENS 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. 8 i l mm*:--- -SiMsmr-::- figures. This businessman or his professional adviser and is'also ah essential
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      43 7 THPff SCOie S>MG\»*G \N IvC. RP»IM' WMOI GertC KCU-V LJP«S DP»4CiKG THCOU6H ?UDEX£S LRU&MIN& Pi NO SPLPISWMG U)»T M Tue RpM ?*»Q>rtG DeXxJN ON W\m FNMD Me GPYAL His Nes tjwfvr PVOOJT IT? u)MeRe v u>e*> STf rve ■QTTEN WHPIT > rfs csbtrtG x>spti.
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Japanese brewers expect recovery
      470 8 FT JAPAN'S top three brewers Kirin Brewery, Asahi Breweries, and Sapporo Breweries expect a sharp recovery in earnings in the current fiscal year, on the strength of proposed price rises for beer. All three have already announced their decision to mark up beer prices. Kirin's decisions
      FT  -  470 words
    • RESULTS
      • Article
        GROUP
        60 8 net profit (or the six months ended Dec 31, 1979, at the Seath CUaa Meralag Peat rose to HK524.64 million ($16.93 million). Turnover increased to $76.58 million (154.45 million), with earnings per share at 76.4 cents (52.5). The company has declared an interim dividend 0140 cents (30). It forecast
        60 words
      • Article
        OVER at Matsuhita Electric Works,
        40 8 consolidated net Income roee to 18.00 billion yen (13.98 billion) for the year ended Nov 30, 1979. Sales increased to 451.20 billion yen (389.12 billion), with earnings per 4 share at 42.50 yen (36 49).
        40 words
      • Article
        IN NEW YORK, American Express Company
        36 8 directors increased the quarterly dividend by five cento to 50 cents a share, payable on May 9, registered on April 4. It also raised the company's annual dividend to $2.00.
        36 words
      • Article
        BASF AG
        28 8 said parent company provisional pre-tax profit in 1979 surged ahead to 994 million deustchemarks from 678 million marks, on higher sales of 12.13 billion (9.68 billion).
        28 words
      • Article
        UNAUDITED
        105 8 net profit for the year to Jan 31, 1980, at Weelwartha fell slightly to A533.Q5 million (***** million), on a marginal rise of $1.99 billion ($1.74 billion) and other income of 13.23 million ($3.38 million). The profit is after tax of $21.29 million ($19.93 million), depreciation $11.69 million ($10.30
        105 words
    • Article
      Lock icon SLOWDOWN AT RECKITT AND COLMAN
      110 8 Reuter KECUIT ami CUbu has rapartod that 19» pre-tax ■nftt Ml te ClUi dbUUmi trao £fIJ allllea pre»!— ly, despite a aalea rim to ONM6 allßaa (tMM MlSLRt&is^r The haa teetered a liliwl «I Sp MklagBJp(6J*). Tu topi I» £IL« mi. Ilea (£2MTattaa) feavtag al.ts
      Reuter  -  110 words
    • Article
      Kodak looking for silver substitutes
      275 8 FAcel) with soaring cost of silver, Eastman Kodak Co officials are intensifying efforts to find suitable alternatives to the metal and are placing greater emphasis on silver recovery in the photographic industry. In its 44-page annual report, which was sent last week to about 242,000
      275 words
    • Article
      Lock icon Video disc plans in Europe
      92 8 Reuter RCA CORP plans to take a leadership role in developing vi o to Europe through direct participation and licensing arrangements with other participants. Executive vice president Herbert Schksser, in remvks prepared for delivery to the International Videodisc and Videogram Conference held in Loodon recently,
      Reuter  -  92 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      120 8 Where to wine, dine and entertain i :11 K\ <!i !h.' Barons Table. I In Hai i >n's I ,ihi. ffi 'lui.K liiii All <'«tTil|i} 1 fy ik -S I*. |*>/:> %Jr x r v -i Feast like an emperor i i #^i ...h* I w 4 r l ■i
      120 words
    • Advertisement
      Page 8 Advertisements Column 2
      167 8 I ertus •rill for lunch. For dinner. For a richly rewarding experience. Bus:iik'sMiwTi\ I-'.irn rr Mond.iv n»J-rid.iv MS 10T M'rv:< Vi lV ss 'JtiVdiH's,-Hust.jfi'i Saturday X Sundav M' > 1(M •notv nv VV, ivss I >r r« ,:t!< >i> call 7.^7'hi77 J i. H (< -I 111 !!"> I*JI l
      167 words
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      Page 8 Advertisements Column 3
      183 8 See Page 4 for Asian stocks tH 1 rm s 1 i 4 Dine at Dragon Palace Have ,i rov<«l feast <>f* w C <»ntoin>s«" dclu a< it's a int'iuoraMc <'\|)rri<>!K Quit k 11<>ii t| Kdiii; I ill) Sum I un< I) 'IV ailablc cirlilvit T Corkpil tSolpl C .ill
      183 words
    • Advertisement
      Page 8 Advertisements Column 4
      184 8 Heard of Steamed Pomfret Roll? AnrJ 'hat S only one of the typically Cantonese favourites up at Hin 5 There are more Including a wide selection of our very own Flavours of Singapore Rediscover your taste buds With great taste sensations If you ve been around, there's only one place
      184 words
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      Page 8 Advertisements Column 5
      204 8 E .a ♦Prompt Luncheons •Goumiet Dinners ♦Functions •Home Catering r^j Daily: 11.30 am to 2.30 pm 6.30 pm to 11.00 pm Happy Hours: 230 pm to 6.30 pm Drinks Snacks 77 r «r> CjLILTIL* r> 2 •»i»I hil; a 2T*B^ t Ronnie CTrio Robin's Tavern. The place to go', after
      204 words
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  • BANKING AND FINANCE
    • Article
      Two banks to share Direct Swift Link with DBS
      347 9 BANQUE National» de Paris and Bank of America will be sharing a common Direct Swift Link device with the Development Bank of Singapore. This will only be an interim solution for the two foreign hank» until they obtain their own hardware
      347 words
    • Article
      Lock icon Swiss National Bank decides to step in
      174 9 Reuter THE SWISS National Rank has decided to intervene on foreign exchange markets to prevent the deutschemark rising above 95 Swiss centimes. The bank's general manager, Pierre Languetin. said this could entail substantial sales of dollars if necessary. Mr Languetin, who is in
      Reuter  -  174 words
    • Article
      Lock icon Japanese banks and the Post Office
      758 9 Reuter COMPETITION Is always fierce among Japanese commercial banks to attract mail deposits from working (amilies, bat their common enemy is the state's formidable Post Office. Quite simply, the Japanese Post Office is the world's largest single holder of private savings and its balance
      Reuter  -  758 words
    • Article
      Lock icon Gold supply fall expected
      453 9 Reuter SAMUEL Montagu and Co Ltd said it expects gold supplies to the market will be reduced about 25 per cent this year from L 835 tonnes estimated for 1979. In its annual bullion review, it said it does not anticipate any production rise this year
      Reuter  -  453 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        534 9 THE MAJOR European currencies received a sharp Mow on yesterday's foreign exchange markets, with the Deutschemark in particular plunging to a record low against the US dollar. Most dealers cited the higher margins on US dollar deposits and news of a slower rise in American money supply as
        534 words
      • Article
        PLR
        22 9 THE mri|e rate at which major Singapore banks are currently prepared to lend to their best customers is 11.5 per cent.
        22 words
      • Article
        ASIAN $
        198 9 ASIAN ASIAN currency deposit Interbank rates as at close on March 31: U8IMUn£Sjat) 7 days 19'* l« 1 month aovt 20 2 months 19M 19 3 months 19* 19H 6 months 19M 19W 9 months IS 1 l/i« is 9/16 12 months IS 1/10 1? IV16 hrih. Dm IUUJ1 1
        198 words
      • Article
        Discount
        46 9 RANGE of price* offered by discount house* on March 31: Overnight: 3 7% Call deposits: 6"» T% CUm Bmyimt 8*Uia« 3-month Treasury bills 7 8'* 3 month Bank bills u io% 3 months CD US/10 113/16 6 months CD 11'* uh Source: National Discount Co
        46 words
      • Article
        GOLD
        190 9 GOLD futures in Singapore yesterday turned weaker on some local selling after a sharply higher opening, but prices closed higher on balance compared with last Friday's dose, dealers said. Trading was thin throughout the day with total sales at 98 lots and kerb volume at 87 lots, they said.
        190 words
      • Article
        London
        323 9 THE U.S. dollar rally started afresh yesterday in early London dealings on the back of marginally higher Eurodollar deposit rates, lower US money supply figures and the outlook for a-decline in US leading indicators which was due later yesterday, dealers said. In quiet trading following the closure of Hongkong
        323 words
      • Article
        TOKYO
        145 9 THE U.S. dollar for overnight delivery yesterday closed at 249.70 yen, unchanged from the opening but slightly down from 249.80 at Friday's close alter modest central bank yensupport intervention, dealers said. Trading was light, with volume of US$655 million. The Bank of Japan sold an estimated $150 to $200
        145 words
    • Article
      Lock icon Need to beef up the European Monetary System
      130 9 Reuter IB EUROPEAN M—titan ass «Pitt rtw» hi Barspe, aa EEC itmmml says. «mm teMsTlSe to geaee hetweea Malm Males' Mil» rales In 19», ■P treat 19 pM the prerfTke |i jiiiil Fan suss SSEZS? 2 atSsMs By' devetoateg tSTICU the KBC
      Reuter  -  130 words
    • Article
      Lock icon China move on foreign exchange
      294 9 Reuter THE BANK of China hi»« announced that it will start issuing foreign exchange certificates today to strengthen foreign exchange controls and stop the circulation of foreign currency in China. Quoting, the announcement, the Xinhua news agency said the bank would the certificates in exchange
      Reuter  -  294 words
    • Article, Illustration
      Banking appointments
      306 9 THE ASIA Division of R«ntr of America has announced the appointment of Bant B Masters to its new Liability Management Unit. Based in Singapore, Mr Magiera will report directly to Asia Division's executive vice president, Ihm Wlesier. In bis new position, Mr Magiera will direct the division's funding,
      306 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      200 9 HARD TIMES? Despite a creditable g r owth rate of 9.3 per cent last year and a generally cheerful" Budget. Trade and Industry Minister Goh Chok Tong warned of difficult" years ahead The editorial of the March issue of Singapore Business discusses some of the possible problems We aslo look
      200 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1235 10 BID and offer prices offlrially listed and business in and reported to the Stock Eachance of Singapore yesterday with the number of share* traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONI INDUSTRIAL COMMERCIAL Aeat (U1B) (4)
    1,235 words
  • Article
    Unit trusts
    137 10 IteOauDm (rtHihf km 1) LM LM (Cam* prtaea) Income Bond LM LM The Savtogi F and LM LSfcd S pore Prog F> ■d LM LM S pare Sac. Ftt ad La LM mai i—■ tmt S pore l»»m I S pore Eqwdty Tmt LM LM M LM LM
    137 words
  • Article
    SHARE INFORMATION SERVICE
    2633 10 1979/1900 HiCk Low c—»yy Last Sale +erGr*s DW DW Cw Gr*s TTd Net P/E Vol COOO) Day High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 370 223 141 iao 334 SB 280 482 220 380 207 123* 110 133 256 57* 186* 226 177 258 Acma Alcorn Allied
    2,633 words
  • Article
    In Kuala Lumpur
    1411 10 BID and offer prices officially lilted and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDORHAU AMaa(llBS) -f (1401TB) AIM (2.018 DBS) (1) 100 Alas Mi (140B)
    1,411 words
  • Article
    COMPANY MEETINGS
    343 10 MALAYAN United Industrie. Bhd: EOGM to be held at 16th Floor, Jalan Wisma Putra, Kuala Lumpur 0M5, at 11am on April 7. Cycle A Carriage Ltd: EOGM to be held at the Mandarin Hotel, 333 Orchard Road, Singapore, at noon on April 7. Seiaagsr Prsperttes BM: AGM and
    343 words
  • Article, Illustration
    Fresh buying lifts share prices higher
    530 10 INVEBTOB rssftdwrr ezMM over the «mM aai u freak bayers started were "raised* ripHhM^ were bJdTi'iuMMtr'iS the'paml the iiagri phase has pa» sd. Mf Lto Tah mm» MM| lag «reetar of Lla Beearttlee, yesterday aril with the ta« of rights Mm (Na e<, wrtSLat
    530 words
  • Article
    Prices in KL close higher
    581 10 SHARE prices finished marginally higher yesterday, amid quiet trading on the Kuala Lumpur stock market. Light support and selective interest were evident in some counters, but on the whole, prices continued to fluctuate erratically over narrow margins and low volumes. The poor turnover of only
    581 words
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  • COMPANY NEWS
    • Article
      Bousteadco enjoys steady growth
      376 11  -  ANTHONY TAN ENGINEERING and trading romp* ay Bousteadco'* 115 per owl rise In earnings for the finsnrisl year ended Dec 31 marks a steady growth trend since the company's separation from the mnin Boustand group in ISIS. Group pre-tax profit rose 11 y per cent to
      376 words
    • Article
      Contrasted performance of MMC twins
      314 11 WHILE Malayan Tin Dredging baa performed mD at the interim stage, its twin In the Malaysia Mining Corporation (MMC) stable, Southern Malayan Tin Dredging, has had to reckon with a profit slide. Far the six months to Dec 31, If», Malayan Tin benefiting from the
      314 words
    • Article
      Killinghall Tin plans bonus
      226 11 KILLINGHALL Tin (Malaysia), which has just ended its first year of operations as a Malaysian domiciled company, has proposed a one-for-one bonus issue which will raise its paid-up capital from $2 million to $4 ndHten hi a preliminary statement, the company said its capital base was
      226 words
    • Article
      Technical rally likely
      317 11 Market Talk... ALTHOUGH the market is still under a bearish spell, chartist James Cowan Associates (JCA) expects a general technical recovery during the course of this week. In its latest issue of Forecast, JCA said that as selling pressure has diminished, speculators have taken advantage of the
      317 words
    • Article
      Cost rises affect DMI earnings
      462 11  -  By DAVID CHOW THE PROFIT performance of DUNLOP Mnlnyslan Industries (DMD for the financial year ended Dec 31, 1979, was significantly affected by the higher cost at most of Its raw materials. Group sales for the period surged forward 118 per cent to a new
      462 words
    • Article
      Participation of Jack Chia group benefited stockholders
      1746 11  -  Letter to the Editor Jack C Dear 9k, I was at first inclined to ignore the recent letters appearing in your Letter» to the Editor column with reference to the participation of the Jack Chia group in Malayan Credit limited (MCL), as an
      1,746 words
    • Article
      Lock icon Worst part of bear onslaught is over
      541 11 wnaa by HOCK LOCK SIEW THE worst (or the bast, as the case may be to the short-sellers) part of the beariai onslaught on the market is now clearly over, and most shares seem to have found their support levels around the 44D-C0
      by HOCK LOCK SIEW  -  541 words
    • LATEST RESULTS
      • Article
        UNITED Plantations Bhd
        83 11 has reported an unaudited group 1579 pre-tax profit of M 538.98 million ($16.93 million) on —mm of 193.31 million (162.78 million). The parent company made a pre-tax profit of 133.86 million ($34.16 million) on turnover of $79 JO million ($50.52 million). A final dividend of 22.5 per
        83 words
      • Article
        Rahman Hydraulic Tin Bhd:
        37 11 has reported an unau- dited aftertax profit of lOSJ7 million ($2.10 miltton) for the six months ended Dec SL An Interim dividend of 00 per cent gross (20 per cent) has been declared.
        37 words
      • Article
        Olympia Plywood and Timber Products Bhd
        65 11 has reported an audited aftertax profit of M 5191,521 ($116,825) tar the year ended Oct 31 on sales of $12.14 million ($11.41 mffllan). The romps ay said II has incorporated a wholly-owned subsidiary, CHympta Development Sdn Bhd, to diversify into the building industry, and
        65 words
      • Article
        Folex Industries Bhd
        30 11 has reported a art ta (after provxnng ror aeprecieuoii; at umkjm (profit $1.2« miltton) far tfat riz ■>*■<>■ ended Feb 2», 1900. Turnover was (14.M million (HS.7T miltton).
        30 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      41 11 OS \urn° co Jo*- 1 A s* u r \r, A i ■y MfS r C*r J rial A < m y e*» X a I M ■> M i,v/< 'i; r 3T ■i: P? Off «Bfe&* V .>■ sNptc. fcLff 1 .JL' dJT
      41 words
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  • Article
    Row over Yellow Pages may be brought to court
    291 12 THE advertising industry's six-month-old conflict with General Telephone Directory Company (GTDC), publishers of the Yellow Pages, over die company's move to exclude advertising agencies from Yellow Pages ■dywtioimsut solicitations and bookings may have to be settled in court. Mr Vlnce Khoo,
    291 words
  • Article
    Two more raise primes
    101 12 OVERSEAS Union Bank (OUB) and Oversea-Chi-nese Banking Corporation (OCBC) raise their prime rates by 0.5 percentage points to 11 and 10.75 per cent respectively from today. The average prime lending rate, as measured by the Bwtiw Times index, now stands at 11.5 per cent. The new
    101 words
  • Article, Illustration
    Encouraging increase in tourist arrivals
    414 12  -  By CHOO AI LENG VISITOR arrivals in Singapore in the first month of this year proved to be very encouraging (or the tourist industry. The Republic received 301,000 visitors in January, a U. 9 per cent growth over the corresponding month of the previous year.
    414 words
  • Article
    Profits of UP to benefit workers
    395 12 UPON the strength of bumper profits, United Plantations Bhd (UP) has made a proposal for the issue of $1.15 ««mini new shares for the benefit of its workers. The bonus share tame, to be credited to a benevolent fund, represents part of the MHO.OB
    395 words
  • Article
    AI charges refuted
    241 12 THE Singapore Government maintains that there is no truth in the allegation by Amnesty International (AI) that political detainees in Singapore have been tortured and or assaulted. Prime Minister Lee Kuan Yew had directed the Senior Minister of State for Foreign Affairs, Mr S Dhanahalan to carry
    241 words
  • Article
    LONDON STOCKS
    800 12 LONDON, Moo. The market closed quietly mixed, dealers said. At 3 pro, the FT index was up four points at 425.5. M I» m .1 xiiunini wis Doocteo oy news the inquiry into the British steel dispute had recommended as 15.5 per cent pay increase. Government bonds ended
    800 words
  • Article
    Improving links through shipping
    215 12 SHIPPING could serve as cornerstone of broader economic and commercial relations between Singapore and South Korea. The bilateral shipping agreement which the two countries intend to sign would free Singapore's Neptune Orient Line and other Singapore dripping companies from the constraints of South Korea's licensing system
    215 words
  • Article
    Another 500 products receive trade preference
    205 12 ANOTHER 500 products will receive preferential treatment in intra-Asean trade tram today under the Asean Preferential Trading Arrangement. The latest additions bring the number of products receiving preferential treatment in intra-Asean trade to 2^27. The concessions are either in preferential tariff rates or commitments
    205 words
  • Article
    Lock icon New rules on investment
    58 12 UPI THE Australian government announced new overseas investment rules yesterday making it possible for Australian organisations to invest up to A$lT5 million a year abroad. Treasurer John Howard said the changes take effect from today. Under old rules, there are restrictions on the amounts which Australians
    UPI  -  58 words
  • Article, Illustration
    Lock icon Fiery protests at Narita
    36 12 A thick pad ef btoek mike If mm rising (nm a Iwflrr ef burning car tyree §et ip by ta—rtntm in a recent pretest against the Nartta alrpert. UPI phete UPI photo
    UPI photo  -  36 words
  • Article
    Lock icon Citizenship drive in Indonesia begins
    270 12 Reuter INDONESIA begins today an exercise to speed up the registration of more than one million ethnic Chinese who want Indonesian citizenship. Minister of Justice Mudjono announced yesterday that the excercise would enable ethnic Chinese residents now considered stateless or 'foreigners' to obtain citizenship within
    Reuter  -  270 words
  • Article
    Malaysia set for strong growth
    470 12 THE Malaysian economy, which performed well above expectation last year, is poised to continue its upward trend this year. But given the leas-than-satisfactory international economic outlook, the growth rate may not be as high. Bank Negara, in its 21st annual report and statement of accounts
    470 words
  • Article
    Bache liquidates Hunt silver contracts
    303 12 BACHE Halsey Stuart Shields has completely liquidated all Hunt family silver contracts. Bache, one of the world's largest broker, has been the Hunts' silver brokers for years. It said over the week end that it had completed liquidated all of the sflver bullion it held
    303 words
  • Article
    Two posts for Sidek
    106 12 PRIME Minister Lee Kuan Yew has appointed Mr Sidek Saniff, MP for Kolam Ayer, as Parliamentary Secretary to the Minister of Communications and Second Parliamentary Secretary to the Minister of Culture. It is the first time that the Minister of Communications will have a Parliamentary Secretary.
    106 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      325 12 why not be a "Ibp men earn top money when qualified Full training for UCTA Diploma Exam. The man in tha car could ba You The house and famMy could be Yours. With you in a prosperous now Job enjoying e new life e hoppiorlifio more rewording life working as
      325 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      54 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair except for showers in a few places after midday. Maximum temperature 31.0 Associated humidity 67 Minimum temperature 24.2 Associated humidity 97 Hours of sunshine 4.00 Rainfall in millimetres .....Trace Total rainfall for the month 57.5 Total rainy days
      54 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Investment allowances
        112 13 Reuter THE British shipping industry is still hoping the UK government wrn insert provisions in the finance bill for granting investment allowances for shipping. The president of the General Council of British Shipping David Ropner said Chancellor of the Exchequer Sir Geoffrey Howe made no mention of this
        Reuter  -  112 words
      • Article
        Lock icon Ship on fire
        90 13 Reuter A LEBANESE livestock carrier caught fire off the south Australian coast on Thursday, is presumed to have sunk with the loss of a Pakistani crewman. Official sources said an Australian air force plane had located an oil slick and debris where the 8,700-ton Farid Fares was
        Reuter  -  90 words
      • Article
        Lock icon Boat people rescued
        74 13 AP A West German ship dispatched to the South China Sea to search for Vietnamese refugees has picked up another 48 "boat people," a relief agency spokesman said on Sunday. The German ship plans to remain in the South China Sea until April 21, when it will
        AP  -  74 words
    • Article, Illustration
      Kiti Samut puts an end to the Malacca 'myth'
      449 13  -  By G DURAIRAJ AGAINST seemingly high odds, the 6,ooo<lwt Kiti Samut berthed at the new jetty at Tan Jong Kling in Malacca. The move gave a new lease of life to the MsB.s million Jetty which has been idle since it
      449 words
    • Article
      INDEX TO ADVERTISERS
      515 13 s«ip»l«g Um CM Adriatic TV 5 Afea VI 3 All trans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 APL m 4/5 Argentine IV 4 ASCL m 1 Asia Merchant IV 5 Atlas VI 4 Bangladesh vm 1 Bank Line V 5 BBS n
      515 words
    • Article
      Centre to keep port workers up to date
      891 14  -  REGIONAL SERVICES TO UNIONS ■t LINDA TAN A REGIONAL resource centre will soon be set up in Singapore to provide technical, advisory and consultative services to trade union organisations (or port and dock workers in Asia. This data bank is to ensure
      891 words
    • Article
      Container Schedules
      940 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 following
      940 words
    • Article
      LONDON FREIGHTS
      1463 14 CHARTERING last Friday was quiet In the North American grain sector and mainly confined to cargoes destined for the Par East. Two vessel were fixed from the US Gulf to Taiwan, one at US$4l JO for April/May and the other at $41 (fio) for May, while $42 (fio)
      1,463 words
    • Article, Illustration
      Lock icon More delays for new canal plan
      587 15 UPI PANAMA'S ambitious plan to build a new wm Iwi canal will remain up in the air at least until after the US presidential election this autumn. Panamas» President Aristides Royo has letinned home after a visit to Japan with only a token pledge
      UPI  -  587 words
    • Article
      Lock icon East Asiatic in project to build container plant for China
      281 15 AP DENMARK'S East Asiatic Company has concluded an agreement with the China Merchants Steam Navigation Company to build a ship container plant at She Kou in Guandong Province, East Asiatic chairman and managing director Mogens Pagh said. Mr Pagh predicted
      AP  -  281 words
    • Article
      Launching of 'upside down' troopship
      132 15 THE As 49 mllllea traspsklp HMAJS Ttkrnk, tke first "apaMe dewa" •hip hallt far tke Royal AastmHaa Navy, was la—eked ta Newcastle last maath. Tke MtMaae skip lata a specially baUt flttiag-eet paod la tke Hater River, adjsialag tke shipyards s< Car* rlagtea Slipways, 174
      132 words
    • Article, Illustration
      SHIPS IN PORT
      509 15 KXPBCID AIBVAU TODAY KEPPEL WHARVES Agnes Venture (after Benjas) 33/34 Car Ace No. 1 (RO/RO) (1500) 46 Fuji (Icebreaker) (1000) 42/ 43 Golden Sea 707 (Tanker) (after Putra Jaya A after Palm Sea Hone P/O Sub}, gas free) 13/14 Klmanb (1200 Sub]. freeboard) 21 Kota Bali (1400
      509 words
    • Article
      SHIPPING LIST where your ships are due...and when
      4579 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      4,579 words
    • Article
      First US member for Multiport
      193 20 INTERNATIONAL ship agency network Multipart has announced its first American member filling a large gap in its world coverage. The new member is the La vino Shipping Company of Philadelphia, which will represent Multiport in the North Atlanic Coast and Great Lakes area. More US
      193 words
    • Article
      Verification agent
      150 20 THE US Geological Survey has authorised Lloyd's Register of Shipping as a certified verification agent for assessment of design, fabrication and installation of offshore platforms and other structures according to the requirements of the OCS platform verification programme. Lloyd's Register also acts, to a varying degree, on behalf
      150 words
    • Article, Illustration
      Lian Soon-PSA berth agreement signed
      248 20 liAN SOON SMpptag Mi Trading Ca today kww the itciwi major heal ■hlpplag Mopuy to have a tartt at Ktppd Wharves far Ito enhplve aae. Aa agree meat tor the appreprlatlea ef the herth was algaed by Part at Stogapere Aathertty aperattsas director Lee Chee
      248 words
    • Article
      Saving on shipping oil from Alaska
      203 20 SHIPPING tycoon Ravi Tikkoo has revealed a plan to build super-tough 360,000-ton supertankers that would halve oil shipping costs from Alaskan oilfields by smashing their way through the ice to Newfoundland. The planned fleet of 50 oil and gas carriers, costing at least £4.5
      203 words
    • Article
      Kyosei Line
      184 20 LINER PROFILE KYOSEI Kisen Kabushiki Kaisha was established In 1938 as a private company with only one small 722 dwt freighter. Last year, the company operates about nine owned ship 6 totalling 183,579 dwt and 40 chartered vessels of 398,653 dwt. These exclude two ships of 52,000 dwt
      184 words
    • Article
      WHO ACTS FOR WHOM..
      1444 20 The leading shipping lines operating from local ports and tbo ngonts who handle cargo bookings for them. A-B Adriatic CMtaiaer Container Feeders (S)/Cargo Freight (PK). APIA Singapore Shipping Agencies (S)/Euro-Asla Line (PK/PN). AIM C. TMffw Sen Consortium (S)/Marin tex Enterprise (PK). Alpae Intrases (S)/Yeo Shpg and
      1,444 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      381 13 r Pll. GROUP SUmOE TO SOUTH BAST ASIA. i ALSO provtoe: regular semi-con-service for the Persian GULF AND RED SEA PORTS. I\KI >1 I m i \ll M SAR/^Vq Orient Overseas CcmicmeA Line WU.T CQNTMOBED SERVKE TO EMMK OKI m II.V 1 20/4 a/4 22/4 24/4 2»/4 27/4 21/4 »/4
      381 words
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      Page 13 Advertisements Column 2
      289 13 Mills «T SEA LOR I) AVIAN UASC UNITED ARAB SHIPPING CO SAG) IXPRESS MULTI-PURPOSE SERVICES IC3I Dubai (6/5), Abu Dhabi (9/5), Oammam I (12/5), Kuwait (15/5), Doha (18/5), Mina Qaboos (21/5) Dubai (31/5), Abu Dhabi (3/6), Bahrain (6/6), Oammam (9/6), Kuwait (12/6), Kuwait (15/6), Shuhaiba (18/ i 6) r FULLY
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      Page 13 Advertisements Column 3
      166 13 &NOL NEPTUNE ORIENT LINES LTD F ARt AST EUROPF FUILY CONTAINERISED SERVICE ii'i' 'iMi Vfmr.Utm« Hnrtß'tei PttMN HW| C.WB bM 2/4 20/4 21/4 22/4 24/4 MERCATOR+.._ l«/ 4 11/4 27/4 21/4 29/4 2/3 C.MHE 15/4 l«/ 4 4/5 5/5 fi/S f/5 I. JACEWM— 22/4 23/4 5/511/5 11/5 13/5 I W
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      Page 13 Advertisements Column 4
      189 13 Ik Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. CONTAINER SeMttkw LONDON PMigkts sura la Pert SHIPPING List I MCI w J REGIONAL Weather WHO Acts Per Whem MAERSK LINE EXPORT TO U.S. PACIFIC. OULF, ATLANTIC, EAST CANADA AND ASIAN PORTS rmawVMHi I PortKelantl 31-31/3
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      Page 14 Advertisements Column 1
      473 14 LEO SHIPPING Pit LTD. SINGAPORE PERNAS MISC SHIPPING AGENCIES SDN BHD PORT KFIANG PENANG <1 i -if rX v HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALAYSIAN NTBINATIONAL SHPPfNG CORPORATION BERHAD ktkoph|hr 1) Barcelona. Genoa. 2) Am Ortmeatow. Aartws, CapaM •Accept** Europe carp lor I m. Antwerp, l.Hawe, Bdbao.
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      Page 14 Advertisements Column 2
      274 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA 1/4 7-9/4 i/4 2/5 7/5 9/5 2C/5 31/5 3/6 4/« 17/5 22/5 24/5 BMnNtak tmtm St KM. M 11/5 12/5 13/5 19/5 6/i 1/6 10/ C 11/1 19/6 23/ C 25/5 27/5 1/S 4/6 SINGAPORE CALIFORNIA EXPRESS CONTAINER
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      Page 15 Advertisements Column 1
      568 15 flftakk Overseas MBB Containers Limited Weekly service to/from UK/Europe STRAITS SHAPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok Sanfces Is/Fran a l a WO BWB kM/l% V* Mr V*«pr 12/UA* 1 Apr lIP ilumpur: (arm a somas, pic lid *****1 i itwii. rmiw TtTTtt'i MENCG SON BO *****1/3 Australia
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      Page 15 Advertisements Column 2
      215 15 f7b Franco Beicjuui Services II Ll r LL c.m.c.r. as? —:i S part P. Umh Bloat VM*t Cmm TnMb I«pr am am am Him 111P lit* 3lb» 5M* IJM* aim aim nil* umi nm ami lifer ifir »mj ami ami im ami ami nm urn ujm am <£) Seatrain Pacific
      215 words
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      Page 16 Advertisements Column 1
      456 16 Hapag-Uoyd Vam OOtat Smm Wta t hn Mm Mm 1/4 4/5 10/5 1/5 29/4 1/4 3/4 5/4 21/4 14/5 15/5 10/5 1/5 24/4 27/4 17/5 25/5 2/0 20/5 24/5 •KM» TO nOA/TKSTE A I'm 4/4 0/4 15/4 21/4 20/4 30/4 14/3 18/3 27/3 31/3 3/3 4/3 7/3 25/3 «m 7/3
      456 words
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      Page 16 Advertisements Column 2
      434 16 LINE KOREA SHIPPING CORPN ttfiA 147W VE6Al4tt ALTAI 151W ALTAR 152E PKala* 12/15 Apr STORE 11/19 Apr 12/15 Apr I€/19 Apr FM SUSAN BANGKOK 12/15 Apr 16/19 Apr TOBUSAN 9/11 May 12/14 May FOR BUSAN BANGKOK 9/11 May 12/16 May TO BUSAN PENANG CALL SUBJECT MMJCEMENT tSCaCKSCUCtXKSCKSCKXKSCaCncUCKXKSCKSCUCIttCKXKXnt AGENTS: STOIC CROWN
      434 words
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      Page 16 Advertisements Column 3
      407 16 EVERGREEN LINE r f AH t AST FUROPF FXPRFSS FUll CONIAINFR SFRVICF 1 ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTVKRP, LE HAVRE ALSO ACCEPTMG CARGO FOIt SOUTHAMPTON. LONDON. MANCHESTER. BRISTOL, LIVERPOOL, GLASGOW. LEEDS. WEST GERMANY BKWMvffT HOLLAND AMSTERDAM FUROPF FAR FAS' FXPRFSS FUll CONTAIN! R SFRVIC! Vtm (hIMIMb NM bM
      407 words
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      Page 16 Advertisements Column 4
      607 16 Everett Lines A Burma Fivt Star Shipping Corpn "BURMESE NATIONAL LINE" LOAOMG FOR RANGOON fcW/2 M 21/74 tp 25/ MM B.F.S.S.C. Ag«nn in MotorMo: TEPS MALAYSIA A# Compania Argentiwa Da WiwyiM ItarcaKiaiattl S. A C.I. F. •7 "ARGENTINE NATIONAL LINE" LOADVC FOR DUBA* CAPETOWN, BUENOS MO Sport 27/21 Aprf Transportation
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      Page 16 Advertisements Column 5
      303 16 mo.s.E. OCEAN SHIPPING S ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE P. MM| tt»MI iMiHhr. 22/23 Apr If/nV STbT3eLJ t/tMff 9/1* Sy MEUta. BANGLADESH SERVICE E bM cwrm JAPAN/STRAITS SERVICE KJSMC PUSS (MSB ME OCEAN PIE 5/7 Apr 1/1# Apr 7/9 Apr 11/11 Apr > 12/13 ApP 7/7 Apr l/ll%r
      303 words
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      Page 17 Advertisements Column 1
      490 17 fS. PIL GROUP EAST AFRICA/REDSEA SERVICE |M 1«/15 Apr COLOMBO/KARACHI/P. GULF SERVICE Karacai. Ommm, lOTA MOW VII Ma» A Karachi, Kuwait. m SINGAPOBE/CHITTAGQNG/RAHGOON/SERVICES| SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES Loading For: CMtacont Madras SINGAPORE/INDONESIA/SINGAPORE SERVICES S E A Container Feeder Service SIN JKT/SIN/HKG/MAN ACCEPTABLE LCI/FCL CONTAINERS eh: Pakistan National Shipping Corpn. Karachi pr
      490 words
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      Page 17 Advertisements Column 2
      761 17 Ny 1 BEN LINE CONTAINERS EXFKSS CONTAKR SOHKCE TO/FtOM EUtOPE HBURC B'HAVEN ROAM NAVW SOTON S port P. Keto| WGereurty/ Mine AMaerp F react AA Uk 5/4 21/4 21/4 17/4 a/4 22/4 U/4 13/4 1/5 5/5 2/5 (14/5) M/ 4 15/4 21/4 11/5 15/5 11/5 11/5 11/5 21/4 1/5 21/5
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      Page 17 Advertisements Column 3
      638 17 I'.'J Scan Dutch? WEEKLY EXPRESS CONTAINER SERVICE K: m Sport l)tf»oaes2)«4aa 3)HM|4>Gkwt IBM to Pert It/4 29/4 22/4 24/4 MM 1/4 21/4 21/4 29/4 1/5 OHM lb/4 M/ 4 4/5 t/5 t/5 Kin 22/4 5/5 lt/S 11/5 12/5 MM 2»/4 11/5 14/5 21/5 2»/5 C/ 5 19/5 24/5 2«/5 2S/5
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      Page 17 Advertisements Column 4
      475 17 BOUSTEAD AGENCIES THE BANK LINE LTD LOADS FOR ft S. AFRICA KTuZEo 0 44 s >*\ rnii ■l 12/14 My S port 15/lfM» U.S. GULF COAST SERVICE (New Orleans, Kilobit, Houston, Galveston) DOLLY TMNMUIM*) 20ELLA LVRES (Otacfc i Stafapara M*n S/§ Apr 10/11 Apr ta IBM 3 Mm U.S. NEST
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      Page 18 Advertisements Column 1
      609 18 K LINE KAWASAKI KISEN KAISHA. LTD. NORTH AMERICA TO KUIOTI C MU2IN Ml RCATOR 17W CROZE 1M LMCMW7W W CONTAMR X 0. OKT 1M (acopMi cjrfi FBOM EUBOFI TO P Aft EAST THswa P Mw| S'part H. Km| Osaka Tokyo a cans mp* V 4 w u/« m comma m
      609 words
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      Page 18 Advertisements Column 2
      418 18 <33 m CAUFORNU/PACfK NORTI WEST SERVICE EXPRESS COOT JUKI/REEFER SERVICE laaMt kr. m mma m nmnco ami tacmm. mama, n. P. Mw| Sopfon L Mi MMimr i Mr tip im» ■mum uiy liAy u am Mm 14 Am IS Am 11 Ma AKTMLU EXPRESS COOTAMER SERVICE knpfei FCI/fCI CaMatan A
      418 words
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      Page 18 Advertisements Column 3
      427 18 »I'OIIII SINGAPORE SHIPPING AGENCIES PTE LTD KUUH iKtAS BuaDi"»(j S SUAPOKf 1 Mft !iNG 9' l i iNF S Gf'vfßAi 9'jnt i>« UNfSI I > «S JS'JS «S A 8 LitiSMif# ABi f L ARGOSHiP ill lloiitainvr Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK DSR fm lap: S port P Mm|
      427 words
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      Page 18 Advertisements Column 4
      534 18 OA ORAMARD LIME INDEPENDENT- ATTRACTIVE RATES u MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO FCL ONLY FOR PORT SAID. ALEXANDRIA, BEIRUT. LATTAKIA. UMASSOL, ISTANBUL A PIRAEUS Specially engaged agena A stevedores providing immediate discharge tMONKRTOM V.3RN S ?S, RV MM TAT V. m 3 JM MM SMC V.4M 1 M
      534 words
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      Page 18 Advertisements Column 5
      426 18 INYRASEA (PTE) LTD Fabet Mouse 234t Ocha'd RoaC Sinqap j-p *****5? iJS REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE *****/2 alpac mi iste Lint- TEO ftx ts7 INDiAFRICA LAfiOS/APOPA, PORT NARCONtT MR Mi KIT AFMCAN PORTS. LA KOClii VJ3 13 Apr MMMS/BOMBAV/COUMO/ KARACM/LAGQS/AMMAN P. MRCOURT/DAKAR/MOMOW c Shppm mux* (TIE) in
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      Page 19 Advertisements Column 1
      411 19 Protection against Shipping and Cargo Fraud Hotel Kurama, Hone; Kong Vpril 25, ISSO. Chairman: Mr. Eric Ellen LLB. FBIM Chief Constable. Port of London Authority 0830 Reiteration and coffee 0930 TYPES OF FRAUD. WHO PAYS THE COST The various forms of fraud including theft (dockside and FOB), insurance deception, scuttling,
      411 words
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      Page 20 Advertisements Column 1
      336 20 Afnts if Spore Kuantan Loading for: M.V. SOUDARfTY 1/10 Apr 11/12 Apr Mte/Ouka/Yi For Bootafs please contact: Singapore: ****** OHSM W#pfo| Corporation KJ-; «MO7I FID6HT SOWCE »*rl«0 8/9 Apr IWO 19 Apr 1980 GtMrai Afnb: THE MALAY STATES SHPTW CO. SON. BK>„ a* Rht. l*i M*t n Mm M. UK.
      336 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      160 20 Regional Weather V h 3 m v« *s\ IS A v: */A M. s*fin -W :-:y SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING. °c .cr* •p w us.., Wind direction with speed in knots Dew point C Wave height One half R Thunderstorm Temperature °C Sbower Weather
      160 words