The Business Times, 2 April 1980

Total Pages: 24
1 24 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. llt/l/M WEDNESDAY, APRIL I,l*Bl 50 CENTS
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  • BRIEFLY...
    • 61 1 LONDON, Tues. The dollar continued its dramatic surge, reaching its highest level in years on several markets on the strength from high US interest rates. The price of gold held steady. An ounce of gold was up US$7 at the start of trade in Zurich to 1503.50, but
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    • 89 1 AP PENANG, Tues. The National Electricity Board has been asked to shelve plans for nuclear power generation, partly because of the danger of radiation, Minister of Energy, Telecommunications and Posts Leo Moggie said. Instead, the board would concentrate on exploiting other primary energy substitutes in the country.
      AP  -  89 words
    • 47 1 Reuter LONDON, Tues. A working party group Has been established to study the feasibility of setting up financial futures markets in London. The working party, under the chairmanship of Mr John Barkshire of Mercantile House Holdings Ltd, will examine all aspects of financial futures.
      Reuter  -  47 words
    • 69 1 AP TOKYO, Tues. Iran has informed Japanese oil refiners and trading firms that it will raise its government selling price of Iranian light anri heavy crude oil effective today, government officials said. The new price for Iranian light crude is U5533.50 a barrel and that
      AP  -  69 words
    • 79 1 AFP MANILA, Tues. President Marcos today paved the way for the restructuring of the existing banking system by signing into law, seven bills designed to institute massive monetary reforms. The bills carried amendments to various investment laws that made it inadequate for hantrc to generate bigger investments
      AFP  -  79 words
    • 87 1 AFP TOKYO, Tues. Japan's central bank today signed an agreement with the Swiss National Bank to exchange deposits of yen and Swiss francs within the limit of 200,000 million yen to stop the slide in the value of the Japanese currency on foreign exchange markets. The one-year
      AFP  -  87 words
    • 76 1 NEW YORK, Tues. The stock market headed higher this morning with the Dow Jones average of 30 industrials edging up 0.17 to 785.92 in the first half hour. Gainers outnumbered losers by more than a two-to-one margin among New York Stock Exchange-listed issues. The market has risen steadily
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  • 134 1 Rises Indices Straits Trading 996 >25 Mar 31 Aw 1 Magnum Corps Utd Plantation! Malakoff 870 364 4M >20 >20 18 15 B.T.Index: Industrials: 3945.39 3982.79 451.04 454.06 Tractors 685 Finance: 834.78 837.89 H Royal an 15 Hotels: 416.67 419.03 Selaagor DrW| 510 12 Properties: 328.21 329.74
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  • Article, Illustration
    153 1 Rises Indices SgBesi 1270 +50 Petaling 1290 40 B.T.Index: 6582.11 6612.81 MU Ind 595 25 Industrials: 519.02 525.65 729.12 726.42 Magnum Corp 670 +20 Finance: MBS PMC 280 +15 Hotels: 326.72 326.89 345.17 348.07 530 +15 Properties: Carlsberg 550 +15 Tins: 269.81 269.33 960.45 985.47 CCM 585 15
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  • 816 1  -  FUTURE OF NANTAH By MARGARET THOMAS NANYANG University's future has been tossed back into the hands of the NU Council. But in tossing the issue back to the Council, Prime Minister Lee Kuan Yew has also added a new dimension to it the possible
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  • 218 1 A LAST minute hitch over Phraseology hat delayed the rigriafref ancvfced air agreement between Singapore and Indonesia. According to the leader of the nine-man Singapore team, Mr Tan Kwang Hung, director of the Department of Civil Aviation, the agreement to revise the
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  • 487 1 THE LOCAL cigarette manufacturing industry may lose up to 50 per cent of the domestic market to imported US "Mended" brands by 1982 twice what it is already conceding to these growing competitors. The industry will now have to consider making American blended cigarettes locally in
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  • 223 1 GENERAL Electric of the. United States has introduced some of its Singapore technicians to Robotics, a new form of mechanised production. "The application of Robotics in Singapore manufacturing operations is probably still several years away but we want our managers and production specialists to be familiar
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  • 238 1 UNITED ladsstrtol Carpsrattoa shares, ntpoM <d*x Fek 21, rrmmtti tradlag sa tke Stock Exckaage sf Slagapare (BES) yesterday la spite •f a refieit ky Ike OMnpuy*a advlaers, MergMGnafell fer eaattoaed xupeastN. The meve ky BEB to deay Margaa Greafell's re*«*t, la Ike latest
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  • 471 1  -  By CATHERINE ONG THE Hong Leong group is in the thick of a major reorganisation of its Malaysian investment and finance business which would lead to a takeover of Hong Leong Finance Bhd by publicly-listed Sovran Industries. In its interim report for the half year
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  • Page 1 Advertisements
    • 46 1 Raid Corporation For all types of oh Culinary (Oriental RaklCarrantlaa and European) T«fc *****4.*****4 Wi»®le, T«to: RS ***** A/8 RAKICOR rubbed, herbs. CaMc: -RAKtcouP" seeds.roots, spices Facioiy and pulses. Marsiling Industrie Estate Malaysia Tel: ***** Manufacturer. C abta: "R AKICORP" Johorc Bahfu miller and StOC stockists.
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    • 42 1 FRATA NEWS woe CONTAINER SERVICE TO HONG KONG AND TAIWAN FOR RATES BOOKING CALL MR. TAN KAY HOCK MRS. JUDY TEO MISS CHEW LEE LEE FRATA SHIPPING PT€. LTD. Suite 801,8 th Floor, World Trade Centre, Maritime Square, Singapore 0409 Telephone: *****04
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    • 71 1 SHIPPING TIMES WHAT study shows a boot brand SINGAPORE can surely 0ver10ya1ty...................................... 2 come vices of t0uri5m............... I INDEX points to Imminent WILL Slme mount another hid recession In the U5................... 5 for Guthrie.......... 15 MALAYSIA heading for good KL may he forced to raise growth this year 8 prime
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    • 0 1 *!)<%^,_[`\)^},*}*;$>^?()::|.(*
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    • 131 1 ally of Switzrriandj J i 5 Internationally recognised as trend-setters. rr ii*,: BECAUSE IT LASTS. cm2oo DT 850 DTIBOOR Proof: Independent consumer studies in the United States rate Ricoh s total performance consistently high. In the area of reliability it has been rated the highest over all copiers in its
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  • TRADE AND INDUSTRY
    • 436 2 SEMINARS AND COURSES April 9: Industrial Automation through Electronic weighing, RELC International House, Philips Singapore April 14: Marketing for Secretaries, Hilton Hotel, Consulasia April 14-15: Essential Management Skills, Hilton Hotel, Consulasia April 14-30: Plastic Material and Additives, RELC International House, National Productivity Board April 15: Finance for Secretaries,
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    • 499 2 THE future leaders of Singapore must be those who do not resort to cheap popularity gimmicks which have always been the prelude to social, economic and political disasters in several developing countries. Leaders must have character, ability and motivation. They must be fortune-makers and not fortune-tellers.
      499 words
    • 119 2 ABOUT 40 delegates are expected to attend the 1980 East Asia Travel Association (EATA) and Pacific Area Travel Association iPa ta) meetings organised by Singapore from April 7 to 10. EATA is holding its 17th general meeting and 22nd marketing committee meeting and will review
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    • 85 2 NAVIGATION Communication, an American company, will be displaying its new satellite navigator, the Wherefinder n, at Asia Marine 18, the trade show (or the maritime ioduatry in the region. Scheduled tar Aprfl 15-19 at the World Tirade Centre, Asia Marine "80 has attracted exhibitors from 14 countries including
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    • 224 2 SINGAPORE'S rubber exports showed a healthy annual growth of 12.5 per cent to reach 106,216 tonnes in January this year, compared to only 91,226 tonnes for the same period last year. Shipments of ribbed smoked sheets and dried sheet rubber registered a good gain of
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    • 189 2 THE Vocational and Industrial Training Board (VITB) has called upon industries to cooperate and respond to surveys launched by the board's research department. Surveys on manpower and training requirements of industries, the evaluation of the relevance of training programmes, and the employment experiences of VITB graduates
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    • 116 2 PART-TIME commercial courses to prepare candidates for examinations conducted by the London Chamber of Commerce A Industry (LCCI) and other professional bodies will be conducted by the Vocational and Industrial Training Board. For the LCCI examinations, courses for intermedite stage bookkeeping and economics, intermediate and higher stage English
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    • 148 2 SINGAPORE may become the regional distribution and service centre for the products of Michael Weinig GmbH, claimed to be the world's largest manufacturer of wood moulders. Bertold Weinig, managing director of this woodworking machinery manufacturer, said that Singapore's position makes it well placed to act
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    • 36 2 THE Perkins engine group has set up a team to advise customers on ways of reducing noise from diesel engines This service is available in Singapore and other countries where Perkins engines are sold.
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    • 285 2 A RECENT market study indicates that there is stronger brand loyalty among consumers for products with higher risks. A seller of high-risk products can therefore develop consumer brand loyalty by proper marketing techniques. The seller of such products can expect consumers to switch brands less
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    • 156 2 COSMETIQUES De France was recently appointed the sole agent and distributor for Lancome Paris in Singapore and Malaysia. The agency intends to place more emphasis on staff training and merchandising activities this year in support of Lancome's aim of capturing a larger share of the world market
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    • 195 2 EMBECON Pty Ltd has announced two new appointments to its regional office in Singapore. Mr BART PHONG has been appointed regional manager, South-east Asia. He will be responsible for all activities of the regional office in Singapore. Mr Phong is a registered professional and chartered engineer and
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  • Page 2 Advertisements
    • 175 2 Sliding Grilles From Diethelm. 7 •V 'I ill (I i Mill i 11 I 11 > ililiil a I II "4 t- M M||| HJ t •< 1 m\k H Thomson Plaza Bedok Cinema The Only All Aluminiuni Curved Sliding Grille Available. DYNAFLAIR adds a new dimension in design freedom
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    • 295 2 Acumen present the most comprehensive and successful One Day Training Programme on CREDIT MANAGEMENT 16,17 and 18 April 1980 VENUE: CENTURY PARK SHERATON HOTEL THE CREDIT CONTROL FUNCTION Objectives and the definition. The Three Elements of the Credit Control Function: Sanction, Accounting. Collection The Place in the Hierarchy of the
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  • Page 3 Advertisements
    • 295 3 to. i a I i 4 A ih See pictures moving on fast forward and rewind! Ay 1 Si. < VjMT M A> framSoqyßetamaxSL-O There's never been anything like it! WIRELESS REMOTE CONTROL The Sony Betamax RMT-200 remote control unit gives you wireless control of an incredible 12 different operations
      295 words

  • RAW MATERIALS
    • 788 4 Reuter IN A MICROCOSM of the debate between rich and Cor nations over the distrition of the world's wealth, producers and consumers of cocoa have battled to a deadlock over a price for the commodity. The result has been the ruin of the International Cocoa Agreement,
      Reuter  -  788 words
    • 332 4 9NGAPOBE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop LOB, 100 per cent second clssi OJO, 100 per cent third clsss 0.88, 35. par cent new crop no stock, B-10 per cm 0.80. THAI BROKEN: A-super 0.68, Special 0.63.
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    • 308 4 THE SINGAPORE market closed slightly higher yesterday with April One RSS buyers quoted at 317.50 cents per kilo, up half a cent from Monday's close, dealers said. Morning prices were marked down slightly on lower Japanese advices and some selling interest, they said. Afternoon prices turned steadier on reports
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    • 313 4 R.A.S. prices In cento per kilo yesterday: Iha (per Idlo) (per Idlo) Int. 1 R.S.S. prompt Uk 311.00 Int. 1 R.S.S. April >14.00 Int. 1 R-S S May HMO Int. 2 R.S S M.00 uk/Cmm moo I* 3 R.S S w JO UK/coot 208.00 Int. 4 R.S.S. »1.00
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    • 103 4 NOON 881 BA8 t and 8MR pneaa jnal ardajr April S8R 30 SSR50 MKKLB (1-toe pailat) (1 -ton paHat) (Carnal 1 Mjari M 288.00 ***** April Itk) bN 388.00N 286.00N 287.00 IUT Mth) Mara 282.00N 28B0QN SMRCV SMR L SMR 6 SMR GP SMR 10 SMR SO
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    • 37 4 Rubber: April 1 Singapore; April: 317.50 cents (up 0.50 cent) Malaysia: April: 317.00 cents (up 0.50 cent) Tin: M$2 V 3Ol (up $36) (equivalent to $38.06 per kilo) Official offering: 169 tonne* (down 66 tonnes)
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattm yam: Chins Blue Phoenix 20* 2,290; 32s 2.7®. «I 3,000 (per bale of 400 lbs). Plsee |seds: Oilns Butterfly and Globe brand uaq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 54 4 THE Straits Ua price li $1M aheve the litmtttoml Tli Agreement aald the market nee h tmUamtd baylac itmaad (rem the US, Jajaa aai Earepe fpUewiajg the firmer tread la Leadea ea Meaday alght ere (rem anaen after Meaday'e tmimmtk elearaaee alee aided Tetel taraever (ell te Itl
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    • 149 4 THE MARKET in Kuala Lumpur yesterday continued lower in line with easier overnight overseas trends, higher duty on crude palm oil and lack of overseas demand, dealers said. Trading was fairly active with the northern region easing Mss to 1997.50 per tonne while the central and southern region
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    • 151 4 CHINESE Prsdaee Exehaage, Hifpni, sass terday: Cmit «II: Bulk $101 sellers, old drum $107 sellers, new drum $111 sellers. Cspra: Mixed (loose) UK/ Cont $58.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $320.00 sellers, Sarawak white fob 96% NLW $305.00 sellers, Sarawak special black fob 96% NLW
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    • 222 4 CHICAGO Board of Trade wheat futures closed sharply tower on Monday, down US 11 Vt to 17 Vi cents per bushel. While the heavy rains over the weekend were termed excessive in some parts of the wheat-belt, cash grain traders said the overall effect was beneficial to crop development.
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    • 151 4 CHICAGO Board of Trade soybean futures closed near new contract lows on lionday, down 13 to lOV4 cents per bushel. The bean market continued in a technically weak pattern, with local shortcovering rallies met by steady commission house and commercial selling, traders said. After holding contract lows set last
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    • 743 4 SUGAR: Number two raw sugar futures ended the first caJl at or lust below steady New York baaed kerb levels with on balance gains of £2.80 to £3.75 per tonne. The number four contract also opened near overnight kerb prices but rather mixed in tone, with values ranging
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    • 94 4 Reuter WORLD coffee production this year will be lower than previously forecast but still higher than last year, the US Agriculture Department reported. In its weekly report on world agricultural production, the department estimated world coffee output at slightly more than 81 million bags, down 700,000 bags
      Reuter  -  94 words
  • ASIAN STOCKS
    • 707 4 TOKYO Source: DBS-Daiwa YESTERDAY was the first trading day in flnsnrial year 1900. The market continued to advance as securities houses adopted an aggressive attitude by selling stocks to investors in the morning. However, share prices gradually fell from near the close of the morning session because yen
      Source: DBS-Daiwa  -  707 words
    • 290 4 Source: SHK Sec THE MARKET drifted sideways yesterday in listless trading which saw light overseas selling absorbed by local traders. Investors were possibly awaiting developments in Iran but the quiet tone more likely relected the general lack of interest in shares. SHK Props and Cheung Kong were better overall
      Source: SHK Sec  -  290 words
    • 305 4 GOLD stocks held firm yesterday in an otherwise generally dull market, dealers said. Central Norseman rose 20 cents to A 55.40, but early interest in the diamond sector evaporated, with Ashton Mining losing an early gain to close unchanged at $2.55. In minings, Western Mining rose 10 cents to
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    • 121 4 STOCKS closed mixed yesterday with turnover declining to 4.2 million peso 6 from Monday's 9.3 million. APR 01 Pesos Acojc Mining 0I» -***** Atlas Con A Atlas Con. B. J1 50 •1.S Bafulo Gold 0088 unch Bencuet Con. B BF Goodrich M00 10 ISM *0 1 CDCP 7 00
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    • 191 4 APR 01 Batlts Asu Credit ISO -4 ASIA fibre Ayuttiaya In*. And Trust Bangkok Investment Bangkok Bank 306 unch Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Bui Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd 183 3 Bata Berll Jurker Carpet InterNational Charoong Thai Wire Crown Seal
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    • 52 4 FINANCIAL TIMES INDUSTRIALS Monday 427.0 Friday 421.5 Week Ago i. 4272 DOW JONES AVERAGE INDUSTRIALS Monday 785 75 Friday 777.86 Week Ago 785.44 H.K.HANG SENG Tuesday 784.95 Monday —closed Week Ago 758.13 SYDNEY INDUSTRIALS Tuesday 563.56 Monday 580.91 Week Ago 587S3 ALL ORDINARIE8 Tuesday 770.87 Monday 788.38 Week
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    • 31 4 THE TOKYO Stock Exchange said it will lower margin trading requirements (or all shares to 50 per cent from the present 60 per cent, effective from today. 4 tr
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  • Page 4 Advertisements
    • 343 4 Hong Ktmgs own executive jet charter service McAlpine Aviation Asia Limited now offers a unique new jet charter service through two of its latest HSI2S Series 700 long-range twin Jets based at Kai Tak Airport. Founded in 1949. McAlpine Aviation today operates 23 executive jets throughout Europe and the Middle
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  • OVERSEAS
    • 371 5 Reuter PRESIDENT Carter proposes to slash planned US government spending on everything from defence on down in a drive' to curb inflation and create a record USQ&S bfllion budget surplus. Unveiling the details of bis ambitious 1981 budgetcutting blueprint on Monday, the President
      Reuter  -  371 words
    • WORLD IN BRIEF
      • 496 5 Agencies SIX Soviet navy ships have appeared off northern Japan and the Defence Agency said the fleet appeared to be involved in stepping up Soviet military presence on the disputed islands off the coast of Hakkaido. The Soviet naval force of a 3,700-ton missile-armed destroyer, a minesweeper, three
        Agencies  -  496 words
    • 251 5 AP BRITISH Airways (BA), which began an experimental cheap-flight service between London and Paris yesterday, has announced that it may have similar flights to 15 European cities by November. The London-Paris service, in conjunction with Air France, increases plane capacity by scrapping
      AP  -  251 words
    • 49 5 ORDERS received by manufacturers of machine tools in the United States rose 7 per cent to 6500.1 million in February, the National Machine Tool Builders Association said. Orders rose 23.9 per cent in January, while February orders were 12 per cent above a year-ago figure.
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    • 522 5 AP A GOVERNMENT index of economic activity fell for the fifth consecutive month in February, suggesting that a recession in the US is imminent. The Commerce Department reported that the index of leading indicators declined 0.2 per cent in February, following dips of
      AP  -  522 words
    • 447 5 AFP UPI JAPAN has been criticised for depending too much on oil as a fuel source for thermal power generation. Naohiro Amaya, Deputy Vice-Minister of International Trade and Industry, said in Tokyo yesterday the criticism was voiced when energy experts from seven major
      AFP; UPI  -  447 words
    • 395 5 UPI Reuter MR Rene Ortiz, secretary general of the Organisation of Petroleum Exporting Countries warned oil-con-suming nations to begin preparing now for a "serious economic crisis" in 1965. Speaking at a luncheon given in his honour during an official two-day visit to Madrid, Mr Ortiz advised
      UPI; Reuter  -  395 words
    • 288 5 AFP BRITISH Liberal Party leader David Steel has launched a campaign to win over to his party Labour moderates concerned about their party's possible shift to the left. At a press conference on Monday, Mr Steel presented a booklet he wrote called Labour is 90
      AFP  -  288 words
    • 167 5 AFP A NEW method of refining oil producing 20 per cent more petrol from the same amount of crude using current methods has .been ve loped. The chairman of Ashland Oil, Mr O Atkins, on Mooday said the new method also makes It pnsstbh to extract
      AFP  -  167 words
    • 765 5 ARRIVALS Service Local Operator Number Tiae Proa PAA PA005 0025 NYC/SFO/HKG TMA TL375 0715 BEY/BOM/KUL MAS MH607 0845 KUL MAS MH682 0710 KCH SIA SQ101 0815 KUL MAS MH621 0835 PEN MAS MH607 0845 KUL RBA Bim 0990 BWN MAS MH671 0830 PEN/KUL SIA SQZU 1000 HLP
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  • Page 5 Advertisements
    • 116 5 I Five good reasons for I choosing v Rexroth pilot operated directional control valves type WEH 20 (series 501. flow up to 400 1/min operating pressure 210 bar pilot choke adjustment 19 standard switching functions subplate connections to DIN 24 340 Form A REXROTH your, wise choice The Rexroth directional
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    • 117 5 anrounoes the opening of its Singapore Offshore Branch 1205 OCBC Centre Singapore 0104 Brian C. Rourke, Vice President and General Manager Jeremy Jaquet, Vice President and Asia Money Manager Telephone: *****7* Telex: RS ***** i SECURITY PACIFIC. NATIONAL BANK Head Office: 333 South Hope Street, Los Angeles, CA. Over $23
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 160 6 MAR SI ru ABM Ahold Wfllf 71.30 U 13 Akao 22J0 >01 AM*V Am (mi Amro Bank Bois MJO 94.00 am *.00 9630 55.00B ♦a +03 ♦u I 13 BonumtJ 1(7 JO 11 Burhffltnn Byenkorf Calve Drift Dell Mtl Ennia rokkcf Ford MM M OO 145 JO a 70
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      • 271 6 MAR 31 Fra CORBE1LLE Alr-UquM* B 8 N Gtmu Danone C 8 F (ThomjonClX) Ctc Francaiae des Petroles Compagnie Financier* 490 M3 MB MOJO •11 •11 -U Cooiptfnle Oenerale Credit Fonder De France 338 unch 415 Hachette (Ubralrte) Machine! Bull Michel In (B).. Paribas 236 MJO 715 no an
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      • 201 6 MAR 31 Dm Aef-Teletunken 1»J0 A It so 20 M Alii Leben 100.00 5 All* Vert MU0 -1 BASF ***** 4-OlO Bay H T Wbank 217.00B Bay Vbank 236 00 5 Bayer 113.10 -0.1 BBC aojo -0J BMW 190.00 4-1J Caiaella chrm Verw moo ♦4 Commerxbank imoob ConU Oummi
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      • 73 6 MAR 31 m FORWARD MARKET Acec 256 -4 Aftad 2100 unch Artur 430 -10 Bmctn an Bni-Ltmb 1444 -0 Cinpr Cock ioas rm ♦at 2 De Bean m -3 Ebn in 4 Elcctrotwl si«o TO Ob-Inno-Bm an •10 On MS 12 Hobok 2540 unch Retro Rjrt Dutch =zS 20
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      • 187 6 MAR 31 Actions Suisse* Alusuisse Br Franc* no 1110 unch unch AiimiHw Rm Brown Bo*tn Br. Clba Ocicy Br. CU* 0*1(7 F C Clba 0«ifj Rm Credit Suisse Br Credit Suisse Ra« Eiektrowau Br. Ocorcc Fischer Br Otobui P* 475 MB 770 Ml BIS 417 ilM TK SM ♦4
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      • 96 6 Anir Asaor Oen -iit 26 +bJ> WH *m Baatofl Central* 986 tl taoo f 31* Flat 3043 U FlnauUr 7* -1 M.7S »U Oen Immob in Pri 2430 -10 I talc* menu B3S0 +M0 llalcaj Ilaluder MafneU M PI MarvlU Ere M m *i 33# *21 Med lot) *3730
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      • 174 6 MAR SI O AblUM 19 A Iran 30 Alfoma 8'i Bank Moat 23 Bank No** Scotia 23 Bell Tel U Beth Corp BP Call Ud an. Braacan a Camp Red Lake Can Imp Bk 21'• Canpac Canpac In* PI Carltnf OKmK Comlnco *J Con* Bath U Com Mar be
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      • 294 6 MAR 31 Rand INDUSTRIALS A Alpha 300 unch Aberrant AE And CI MOO 882 +1513 -11 AM1C 2100 unch Barlows C« Sugar *46 10W 4308 *14 Cum* Finance 106 -5 De Beers Ind Mean Edgars Eve ready Fed Vott ***** 400 ***** 400 -25 -3 Fuglt Gardlan Oienanl Oralemn
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  • Page 6 Advertisements
    • 147 6 Detectable local dishes and Western lunches set in daintily stylish ft Scandinavian decor. Popular SELF-SERVICE hinch daily. From 10.30 am to 3.00pm and snacks (root 3.00pm spm You've got to try it to believe! F.ibuious harboty view It OOLPHM CMv iMA Sentosa isle bevood Apoßo Enterprise* Ltd I.Marm«eSqu^StnBseof.o«L Abo catering
      147 words
    • 147 6 Where to wine, dine and entertain >r banquets <>r c< >ni\ '>:!:< > •oft nth 'f funrt!( >ri:s < >t tu jn\« s .'.'it vSt i k 1 llliiiV I 'hi k Sli.iiili in ->il 11 tefe. T r 7CO *'4&*SX r t K S. HUGOS BUSINESS ?/|fi LUNCH Hors
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    • 129 6 8m Page 4 for Asian stocks See Page 7 for NYSE prices 'U r i>'"V a e-ftr) 4 J i EE« 5* it* /y <?sc />i >X >n7 t>N/ Hainanese Steamboat Take the tastiest morsels of squid, beef, chicken,prawn, pork, vegetables Steam them to perfection you're the Chef Dip them
      129 words
    • 83 6 Take a sloiaboat to noiahere Vt Hin's Top of the Hilton. Lunch and dinner. Daily. Reservations, call *****33. Hinf I ffk'hVUsf Hll-Ti »s IS ri US -\TI« »SAtS,S< >»<! a <Jiasßaß* Set in mi exotic "7 housand-and-One-Sights" decor it's a nufhtcluh with a difference! 00 f or infornufionA- i»'s#tv«m«»us. |)lfdst'
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    • 149 6 '.Vithifi th. m J winnniTy of 111 f// Hot,>lv •Prompt Luncheons •Gourmet Dinners •Functions •Home Catering •Buffet Party v i j.if from $10.00 par persbn onwards My: 11.30 am to 2.30 pm 6.30 pm to 11.00 pm Happy Horn: £30 pm Drinks CENTURY PARK SHERATON N ASSIM HILL, SINGAPORE 10
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  • BANKING AND FINANCE
    • 677 7 NYT PRESIDENT Carter has signed legislation that buttresses the monetary control powers of the US Federal Reserve system and lifts the lid on interest to small savers in what is being described as the most farreaching financial reform of the last half century. It will
      NYT  -  677 words
    • 178 7 Reuter TOE World Bank has predicted that Indonesia's total ontsfanrHng debt will increase slightly this year to U5523.2 billion from an estimated $XLB billion last year. M an analysis of Indonesia's finance sector, the bank said disbursed debt would comprise $15.7 billion of the
      Reuter  -  178 words
    • 44 7 Reuter BRAZIL aims to keep new overseas borrowing below US$6 billion this year compared with billion in 1979 and $12 billion in 1978. "Our objective is to minimise our presence In the Euromarkets," Brazil's central bank governor Carlos Langoni said. Reuter.
      Reuter  -  44 words
    • 496 7 Reuter UNLESS the commercial banks become more reponstble in ensuring that their operations are soundly based, the Malaysian central bank has said that it may seriously consider imposing mandatory gear-f ing ratios to safeguard the public interest In its 1979 annual report, Bank Negara
      Reuter  -  496 words
    • 122 7 AP NELSON Banker Hani was reported en Mi way hack to the U8 en Monday after a series sf top level ■iiiiltof to Riyadh, Saadl Arabia, that Ms a—sstetos saM was esuneeted with plans to that an to UBs4 MUtoa worth sf Interna
      AP  -  122 words
    • 440 7 Reuter JAPAN'S Finance Ministry has said that it is increasing gradually the issue ceilings of yen-based negotiable certificates of deposit (CDs) fewJapanese hanks to 50 per cent of individual share capital and reserves from 25 per cent. The ceiling is being raised by
      Reuter  -  440 words
    • 1195 7 NEW YORK THE NEW YORK stock market on Monday added to last Friday's risarp gain on bargain hunting and the belief that the worst of the silver crisis is over. The Dow Jones average rose more than eight points and advances outdistanced declines better than 11
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    • 495 7 OVERNIGHT rates on ACU Asian dollar deposits reached a high of 21 per cent yesterday while the strong bullish sentiment in the foreign exchange market resulted in considerable gains for the US dollar against major currencies. Opening at 250.40/50 against the yen, the US dollar lumped to the
      495 words
    • 161 7 THE U.S. dollar rose against the yen in late trading yesterday with operators looking for a firmer US currency on higher US interest rates and Eurodollar rates, dealers said. Trading was thin in the afternoon with operators on the sidelines waiting for the present volatility to subside before taking
      161 words
    • 23 7 THE average rate at which major Singa> pore banhs are currently prepared to lead to their best customers is 11.5 per cent.
      23 words
    • 138 7 ASIAN ASIAN currency deposit interbank rates as at close on April 1: 7 days 1 month 2 months 3 months months 9 months 12 months IJMPdUnKjSpt) 19H 19'* 19 V16 193/16 199/16 197/16 JO'i 20'* 194. 19H 167/16 16 6/16 17H 174* SvJn. Dm. IS In i.i 1 month 3
      138 words
    • 42 7 RANGE of or* often id bf dtscount house* oe April 1: Overnight: 7"* Call deposits -7* Clestaf 3-month Treasury bills 7 3 month Bank bills 11 10'* 3 months CD 11S/16 113/16 6 months CD 117/16 115/18 Source: National Discount Co
      42 words
    • 297 7 GOLD futures in Singapore yesterday closed narrowly mixed compared with overnight levels, after fluctuating marginally through the day, dealers said. Trading was very quiet with total sales for the day recorded at 69 lots and kerb volume at 58 lots, they said. News Kuwait announced a 25 per cent
      297 words
    • 153 7 THE U.S. dollar for overnight delivery closed sharply firmer yesterday at 253.70 yen, compared with a 250.10 opening and 249.70 at Monday's close, despite heavy central bank yen-support Intervention, dealers said. Trading was heavy and hectic with volume of US$l.ll billion. The Bank of Japan sold an estimated 9500
      153 words
    • 122 7 THE U.S. dollar opened strongly again* most major currencies yesterday, particularly the mark. In active early trading here. The mark opened at 1.9625/35 to the dollar compared with its 1J577/97 close in New York and immediately lost further ground until the announcement the Bank of Japan and the Swiss
      122 words
  • Page 7 Advertisements
    • 262 7 1980 EDITION 9 The Straits Times r M w k»J :.i 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
      262 words

  • 504 8 THE Law Society of Singapore is moving in the right direction in suggesting that the present system of assigning lawyers to capital cases needs improvement. The proposal to assign two lawyers (or such cases appears to be well-targeted if it results in defendants enjoying a
    504 words
  • 369 8 THE MEMBERS of the Naayang University Council have been pot on the spot In an open letter to the council chairman, Mr Wee Cho Taw, the Prime Mir 1 has set out in some detail the options that are now open to them. It is not quite a
    369 words
  • 1048 8  -  By ANTHONY NG DESPITE the adverse influences of rising world inflation and the marked slowdown of economic activity in the major industrial countries and in the global trade, the Malaysian economy is heading for a good year in 1900. The ""in highlights of the economy
    1,048 words
  • 270 8  -  Letter te the Editor JOSEPH KOO YIANG flngapwn Bank rmplejfiw' IMn Dear Hr, I refer to your Leader entitled "Presupposing that money is everything" in the March 25 Issue. Your Leader displayed an ignorance of the existing wage pattern and fringe benefit pattern in
    270 words
  • Page 8 Advertisements
    • 163 8 Mrs Tuchmandoaa superbly hto tall yoo how it «m No ona has aver dona tthh hotter.' N*w York flav/aw of Books 'h wW Iww its mured auceaa for its author'* unblinking aya foe drama and The calamitous fourteenth century I the century of the Black Death which struck four times;
      163 words
  • Page 8 Miscellaneous
    • 1236 8 WALL ST WATERGATE treat far teas t» M- a wha MJ wut ts Iwmm «Tk va ttnn le Ib Ike FA ftp Watergate" wMehlavetves >« 2 s x X 5 WW 5 mMm we X SINGAPORE 5 3.00 fU Opening followed by What's My 7.00 IQdswerid Line 7JO News and
      1,236 words

  • 1031 9  -  FOBPM with JOHN TAN j v 'tOURISM, in spite of all tie obvious benefits from free-spending pleasure seekers, will never be comnetely accepted by many singaporeans. »On the one hand, there SI always be the worry t masses of foreigners, fringing with them
    1,031 words
  • 1435 9  -  The pressure of rising oil prices is likely to prompt 7, the importance of re- refining. In the UK, for instance, i the i re-refining business is worth £51 million. By PETER CARTWRIGHT FT OIL, like an soldier, never dies, though its efficiency after
    FT  -  1,435 words
  • 1025 9  -  Hunt brothers and bache group By KAREN ARENSON NYT NELSON Bunker Hunt and W. Herbert Hunt dipped hitn oil »nH gas properties on Monday to cover US$6O6 million in newly disclosed losses that have resulted from their silver trading activities. The decMon to use oil and gas
    NYT  -  1,025 words
  • Page 9 Advertisements
    • 205 9 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. r. Jg vVr AH* ;i jf j|M lv his professional adviser and cutting tool for anyone
      205 words
  • Page 9 Miscellaneous
    • 39 9 zristow: fcfMrt,GO Ruapty Goroe. PSGSPUN OPfi KFM*i, £evN ,eo piujppy come. PvNOTnefc. Dev.... ftpv\N fcPwd.GO P**3PiN/ Gome Rft»i. RpiH (bo *wp>>/ > f\GsP"N P*HOTnejS2. WMN.pRIN, GO P*bJPff. Coooe P*c»fmh DP>V "TMPiT 'S BCSTOU- He'S »N UNC FOR enter 6u vee
      39 words

  • Page 10 Advertisements
    • 255 10 m w v §TJ 9 V"^ *«> 4 m i V- l/l 'i ftp V* 5%' MUJ w. a V w v-> fcTi *j ili? hi v>\ £€!M Wiv^ fetPS k*£*^JTm »7> k\ v 1 M A 7, V'l 55 7 >/ jr. A »iv.* il f i fT >
      255 words

  • Page 11 Advertisements
    • 149 11 w ft ft ft ft t#l ft ft ft ft ft ft ft ft ft ft ft ft ft ft ft ft m ft ft v ft S! ft s\ ft *♦1 Sdbest wishes to SOCICTE G€N€RAL€ For The First Anniversary of their Singapore Branch ft ft ft ft ft
      149 words

  • Page 12 Advertisements
    • 133 12 'S* »2< >2< »2f I«S^S^I^!^S»I>2^Iy2»I»S^»S m fij t#j ljsC tXi *?1 UftUi W$ tvl u~J t»J l\+\ l tg m t*% •> m M uf^ t»J t»l t7j i tVj M m w I II M m l M m 4* i tVj < SQCI€I€ G€N€RAl£ For The First Anniversary
      133 words

  • Page 13 Advertisements
    • 134 13 «V m Vfl 4 :v A, em V best wishes to cy P Sai€l€ G€N€RAL€ on the Ist Anniversary of its Singapore branch (2nd April 1980) SINGAPORE Sindo Timber Enterprises Pte. Ltd. Sindo Holdings Pte. Ltd. Sindo Timber Industries Pte. Ltd. Lian Siang Pte. Ltd. Masindo Motor Trading Pte Ltd.
      134 words

  • 1364 14 BID and otter price* officially listed and hurtnwo to and rePgrtM to tte Stock Exchange yesterday with tiw number at shares traded la brackets in lots of IJOO units, hbl— otherwise s£cified. SECTION ONB INDUBTKIAL COMMERCIAL 4aa (2J68 1008) (2) 186 (5)
    1,364 words
  • 143 14 BWANUUMTIIUB DtOOMB BOND UNR (Mnnin'prt—itw Agr t) (CMfrtM) The Commerce 131 1« Income Bond IX 1.32 The Savtap Fund l.« l.S8zd S'pore Pros Fund 103 1.01 S pore Sec. Fund 1J4 l.* MABA BUMPUtBA S'pore Invest Fund 1.41 I JO (M—agm* frit* hr Apr 1) S'pore Equity Fund
    143 words
  • 2634 14 e 'i' Op's Gr*s Net C—n*y Last Sale •forDhr Dhr CVr YTd P/E Vol (•000) i?«v WW SKI SECTION ONE -fil INDUSTRIAL ft COMMERCIAL "370 1 324 80 390 •m m 245 220 118 140 270 80 275 328 187 285 Acma Alcom Allied Choc BAT Bate
    2,634 words
  • 1500 14 BID and offer price* nfflriaiiy listed and hoiinew tn and reported to the Kuala L—pr Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, imlfw otherwise specified. INDUSTRIALS Aaa»(108S) ARaaaete (1508 3.705) Aleaa (1038) (3) 181 (2) 182 (3)
    1,500 words
  • 230 14 MALAYAN United Iadastries Bhd: EOGM to be held at 16th Floor, Jalan Wlsma Putra, Kuala Lumpur 08-05, 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 Prspertles Bhd AGM and
    230 words
  • 605 14 BTILL Bovlsg «a law valome, the ippi stack exekaage yeaterday sbw a day el quiet bat sleazy tradlag aa share prices bspraved marginally aeraas the heard. Q.I, .H« a m -a- aa a MAMUTO MM efcAlifd Bp sahateailal galas aai far the sec id (swsc
    605 words
  • 525 14 THE Kuala Lumpur stock market continued to edge higher yesterday under some light selective buying support. But volumes remained thin generally, with the day's turnover slipping further to 3.03 million units worth $8.96 million, compared with Monday's level of 3.23 million units worth $9.17 million.
    525 words
  • 58 14 KULIM (Malaysia) BM has reported an audited consolidated 1979 pre-tax profit of M 116.99 million ($7.44 million). The company has declared a final dividend of 14 per cent gross (13 per cent on pre-one-for-five rights capital), payable to shareholders registered on May 15. This makes a total distribution
    58 words

  • COMPANY NEWS
    • 399 15  -  By DAVID CHOW MALAYAWATA Steel has appointed the GermanJapanese consortium of Sack GMBH-Mitsubishi Heavy Industries as the supplier of its proposed $36 million second rolling mill inPrai. Sack will provide the overall design and technical knowhow and philosophy, while Mitsubishi will be responsible for
      399 words
    • 262 15 UNITED Engineers (Malaysia) has produced a substantially improved set of profit figures for the financial year ended Dec 31, after a severe setback in 1978. The recovery was due largely to higher turnover and tighter management control which enabled the Malaysian-based engineering group to turn
      262 words
    • 168 15 Batter Mi «il palm actpa it ler laanry, IS M. i M £%n Pain Ctmpuy ""kSS ram uu Ke 22 OTB Austral Enterprises 568 112 Ayer Hi tain 128,822 Ayer Molek 52,287 69 Batu Kawan 267,318 2,296 Batu T .intang 442^00 1,865 Bedford Plantations 47,727 261,988
      168 words
    • 31 15 C*pr» Mi mm Ntpat fir Juury, 1101. Cwpuy Consolidated Plantations Dunlop Estates Highlands and Lowlands Kempas United Plantations Cspra 150 196 Cmm tow 47 99 55 7 114
      31 words
    • 251 15 AOKAM Tin, a member of the Malaysia Mining Corporation (MMC) stable, has turned in lower earnings for the first half-year to Dec 31, 1979. The pre-tax profit of this cash-rich company (which earlier sold its mining assets to associate Aokam Thai Ltd (ATL) under a recent
      251 words
    • 1224 15 A YEAR ago, Sime Darby narrowly failed to gain control of UK-based Guthrie Corporation, but the takeover attempt left Sime holding Just under 30 per cent of Guthrie. Now, under the London Takeover Code, Sime can make a renewed bid which,
      1,224 words
    • 124 15 PERNAS-Sime Darby Holdings Sdn Bhd has raised to 90 per cent its equity holding in Kubota Agricultural Machinery Sdn Bhd (KAM), assemblers and distributors of agricultural machinery in Malaysia. This followed the purchase of a further 30 per cent stake in KAM from another Sime subsidiary, Tractors
      124 words
    • 522 15 «KB HOCK LOCK SIEW WHEN I last spoke on the takeover tussle for United Industrial Corporation (UIC), the issue was already developing into a complex but interesting one. Today, it has taken on epic proportions which have not only bewUderea shareholders, but also
      HOCK LOCK SIEW  -  522 words
    • 79 15 on its proposed bonus issue of one for three, lewtad Haldtags said the bonus shares will be capitalised from its capital reserves. "The new shares, although not qualifying for the final dividend, shall rank psrf passu in all respects with existing shares of the
      79 words
    • 73 15 replying to queries from the its proposed bonus issue"*f one for two, said the botibs shares will be capitalised from its reserve capital, if: Malakoff also said that Although the new shares 4o not qualify for the final and bonus dividends, they «MP, rank psrf passu in all
      73 words
    • 47 15 said CMy Dev* •P««b A shares, which do not rank for any dividend is respect of the year ended Oct 31, 1979, will cense to he quoted as from April 10, will merge with City Dev*. opments shares as from that date.
      47 words
    • 44 15 said its wholly-owned subsidiary. Warren Mining, dormant (or the last ten years, has been placed under voluntary winding-up. No further material loss is expected on completion of the liquidation ss provisions have been made sgaiast this investment in the company's books.
      44 words
    • 34 15 has asked Paper PnMs <M) to comment on an article in the Btmioem Times entitled, "Revived rumours of a bonus issue." In its reply, the company denied the rumours.
      34 words
    • 24 15 has been appoint- Ed to the board of director», replacing Mr Lee Yu Tien who has resigned.
      24 words
  • Page 15 Advertisements
    • 317 15 KILLINGHALL TIN (MALAYSIA) BHD. (Incorporated in Malaysia) DIVIOENO AND BONUS ISSUE ANNOUNCEMENT NOTICE IS HEREBY GIVEN that the Directors have today decided to recommend a final dividend of 40 sen per $1/- share less Malaysian income tax at 40% for the year ended 31st December 1979. The nett sum payable
      317 words
    • 52 15 \jjttT T«o- _.»r,nTeU«ct ut »o& v /vN Q ,U \VK v 4 s wilt* H. -v: ■n 5 A< i mdJL M *t l0S r create Pf° M a strateQ WlW The Boat r«w' uncart® 1 7 0,5,0B lT«OP LE; 0 THE bOA t,5tlCI p «\«fl» it *t>e v\atnam n
      52 words

  • 285 16 THE Ministry of Science and Technology has launched a large-scale survey of the computer industry to identify its specific requirements. Questionaires were sent out about two weeks ago and the ministry hopes to publish its findings within the next six months. The
    285 words
  • 108 16 UPI KUWAIT has cut back its oil production by 25 per cent effective immediately and trimmed its deliveries to major foreign oil companies by about 75 per cent, the Kuwaiti news agency said. It quoted an Oil Ministry spokesman as saying Kuwait's daily production
    UPI  -  108 words
  • 224 16 CHARTERED Bank has installed another automatic teller machine, this time at its Crosby House branch. Mr VR Nathan, Chartered's organisation and methods officer, said the latest machine is an improvement on the first machine installed last October at the Raffles Place head office. Apart from
    224 words
  • 329 16 UPI THE US Department of Defence has given the armed services detailed long-term guidance for combat contingencies in remote areas of the world while gearing for a possible European war with the Soviets, the authoritative magazine Aviation Week and Space Technology said. It said
    UPI  -  329 words
  • 116 16 Reuter TAIWAN has announced a budget for the 1900-81 fiscal year starting in July of NT5254.5, showing a $25 billion deficit over revenue. The budget, which shows an increase of 24.5 per cent over the previous year, will be financed over revenue by a $13 billion bond issue
    Reuter  -  116 words
  • 798 16 LONDON, Tues. The market closed higher after relatively quiet trading, dealers said. At >-prn, the FT index was up 5.3 at 4322. Hopes of an early settlement to the steel dispute buoyed sentiment, dealers added. Gains up to lip were shown by industrials and banks while oils finished
    798 words
  • 414 16 PRIME lending rates in Malaysia may be forced to move up, if the average short term rates in the interbank market continues its increase significantly this year. This warning 'was made by Bank Negara governor Tan Sri Ismail Ali when announcing the Bank's
    414 words
  • 294 16 KULIM (Malaysia) Bhd, one of the top listed plantation companies in Malaysia, has fulfilled almost to the dot its earnings forecast made last October. Johore-based Kulim yesterday reported a record pre-tax profit of M 516.99 million for the fear ended Dec 31, 1979,
    294 words
  • 105 16 HARINCO Holdings, which won effective control of 97.73 per cent of the equity capital of Consolidated Hotels Ltd (CHL) on Mar 28, will apply for compulsory acquisition of the remaining shares soon. On Mar 28, Harinco had by then received total acceptances of 14.16 million CHL shares
    105 words
  • 180 16 THE total value of floating rate certificates of deposit outstanding on the Asian dollar market reaches the US$l,lB5 billion level following Sumitomo Bank's US$2O million issue yesterday. With this latest issue, the Singapore branch of Sumitomo Bank has raised a total of $150 million since its
    180 words
  • 287 16 A TECHNOLOGICAL University of Nanyang (TUN) will start awarding its own degrees in 1992 if the Nantah Council agrees to a merger between the Nanyang and Singapore Universities into a National University of Singapore. Prime Minister Lee Kuan Yew, in
    287 words
  • 415 16 Reuter LARGE companies in Britain will be required to publish inflation-adjusted accounts on a current cost basis from this year, the Accounting Standards Committee, representing the ma jew British and Irish professional accounting institutes, said. Announcing its Statement of Standard Accounting Practice 16 (SSAP
    Reuter  -  415 words
  • Page 16 Advertisements
    • 426 16 WORLD BANKING CONFERENCE JUNE 2 3,198* SHANGRI-LA HOTEL SINGAPORE Sponsored by Financial Times and Business Times Opening speaker will be Mr. S. Dhanabalan, Minister of State for Foreign Affairs Singapore, who will speak on the international economic outlook and how political trends may affect it. Mr. Roberto Ongpin, Minister of
      426 words
  • Page 16 Miscellaneous
    • 57 16 Outlook for Singapore from a.m. to 1 p.m. today: Mainly fair. Report for U hears prtor to 7JC pjn. m Apr 1 the alrpMi. Maximum temperature 33.1 Associated humidity 56 Minimum temperature 214 Associated humidity 99 Hours of sunshine 10.00 Rainfall in millimetres .....Nil Total rainfall for the month 57.5
      57 words

  • SHIPPING TIMES
    • PORTSIDES
      • 68 17 PANAMANIAN authorities have detained the 7,596 grt cargo ship, Cristina B which they say entered Panamanian jurisdictional waters under the false name of Dolce Vita. The authorities say they found irregular documents on board the ship, particularly suspect technical certificates. In addition, the inspection showed that the
        68 words
      • 118 17 AFP THE Fair Trade Commission yesterday approved a one-year extension of the Japanese shipbuilding cartel, until the end of March 1962. The cartel started functioning last August to help Japanese shipbuilders emerge from, a prolonged slump by means of concerted production cutbacks. Under the cartel, the 39 shipbuilding
        AFP  -  118 words
      • 75 17 AFP A TUG which took part in the salvage of part of the stricken tanker Taaio earlier this month was back in action again on Monday towing a 270,000ton supertanker but this time it was only an exercise. Operation Grand Aztec, postponed from its original scheduled date
        AFP  -  75 words
    • 622 17  -  LATEST 'WAR VICTIM' By LINDA TAN THE FIERCE freight "war" being waged in the trans-Pacific trade has claimed its latest "victim" an independent Hongkong-based shipping line who was only in the running for about eight months. Without much ado, Asia America Line terminated its fortnightly
      622 words
    • 552 17 SUp*taf Um Adriatic Afea Alfred All trans Alpac Angkutan VI ANL I APL A rfmntlnn Aipmuw ASCL Asia Merchant Atlas Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Benbulk V Blue Funnel Burmese CAVN-FMG Central V vn China Nav HTTfl China Ocean IV CMCR BTTI
      552 words
    • 1101 18  -  GREAT COAST OF CHINA than a new destination. BILL GLENTON, back from a cruise China's new open door policy has provided tourists with more than a new destination. BILL GLENTON, back from a cruise to Chinese ports, evaluates the great potential of this vast
      1,101 words
    • 1009 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival Is advised by the Shipping Line/Agent and Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      1,009 words
    • 1422 18 THE NORTH American grain sector was moderately active on Monday, with rates holding fully steady. A vessel was fixed from the US Gulf to Norway at US$29.25 (fio) and from the Gulf to Ghent at $18.25 (fio), both in April. Two vessels were secured from the Gulf to
      1,422 words
    • 917 19 THE specialist heavy-Hit vessels of the Bremen-based company Hansa Lihie were very active last year. Among the various projects n which Hansa has been instrumental in the transportation of outsize loads is tht important development at Pembiuhe in the southwen corner of Wales, where
      917 words
    • 113 19 SL§L!Sm Sea***** bn Im^IIISL?^ Mrinl hum an m* tj am*** aai mm tUppat ieThe Ammm ftMMrt Matatry Im mMm mrrtj riwvkg the* tutM ISMIMwImI eantar etme te OH rih year mmmni te «M eeal aninlittiMidMa. tar mwMw TtM*|naUni ■>r»kß^VerfU« > Bre« |?j»
      113 words
    • Article, Illustration
      386 19 EXPECTED ARRIVALS TODAY lEPPKL WHARVES Agnes Venture (after Putra Jaya) 13/14 Bunga Mas (1300 subject freeboard) 19 Barber Priam (Ro/Ro) (0400 required, starboard to, after Gar Ace No.l A Sinaloa sail) 46/47 Bunga Melor (after Gerbera) 44 Daugavpils (Tanker) (after Accord, bead East, P/O, subject gas freO
      386 words
    • 4480 23 SCHEDBLE 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
      4,480 words
    • 413 24 A SPECIAL "response team" that is able to travel anywhere in the world to help police investigating marine fraud is being considered by a committee set up by the Institute of Chartered Shipbrokers. It is one of a series of moves being
      413 words
    • 701 24 AFP RATES on the London freight market advanced further last week. Although less substantial than previously, Soviet and Chinese interest in the time section was still sufficient to underpin the market, being complemented by good enquiry in the singlevoyage market from Japanese charterers. Other
      AFP  -  701 words
    • 264 24 ASIA Marine April 1519, World Trade Centre, Singapore. Contact: Asia Marine Exhibition, 825 World Trade Centre, 1 Maritime Square, Singapore 4. R*4U April 15-17. The fourth international conference and exhibition on marine transport using rollon, roll-off methods Monte Carlo Convention Centre. Monte Carlo. Shlpeare April 22-25, Lisbon, Portugal.
      264 words
    • 141 24 The major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. *K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Tang Shipping. ANRO (STRAITS/ AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines.
      141 words
    • 198 24 THE PORT of Singapore Authority will be conducting four courses on port operations and safety this month. "Ship's lifting systems," a course for operational and safety personnel involved in conventional cargo operations, is scheduled from April 14 to May 2. It will include
      198 words
    • 1431 24 Ike lending shipping lines •peratlng (Mm ton! parte and the agents wlm handle eargs backings for them, A-B Adriatic CwMmt Container Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Alfred C. Tiuftii Sea Consortium (S) Marintex Enterprise (PK). Alpae Intrasea (S) Yeo Shpg
      1,431 words
  • Page 17 Advertisements
    • 269 17 ft l/li I \KDIM W I \H SAI LISfQ /iLSy Orient Overseas Co*dcjMeA Line •i t. '»i'laii.,*4.J 4/5 5/5 8/5 1/5 11/5 9/5 10/5 11/5 13/5 17/5 I 14/$ Ifi/S I*/* 11/* WAS 1/6 2/6 3/6 6/6 V 6 Cjfc* Irwrtmi «(t*r Nm**i Cta*| Taw (S*»m): J'* 10/4 11/4 17/4
      269 words
    • 326 17 S3I**1 SIfALOKI) ANTAH —v- UASC UNITED ARAB SHIPPING CO SAG) j. i T EXPRESS MULTI-PURPOSE SERVICES lOT3I Dubai (6/5), Abu Dhabi (9/5). Damnum (12/5), Kuwait (15/5), Doha (18/5). Mina Qaboos (21/5) Dubai (31/5), Abu Dhabi (3/6), Bahrain (6/6), Dammam (9/6), Kuwait (12/6), Kuwait (15/6), Shuhaiba (18/ 6) FULLY CONTAINERISED SERVICE
      326 words
    • 83 17 IE Half fSRfAS! (UROPf f 111 I Y CONfAINf RIStD Sf RWICf lii 1 ,/L-gt r*^7i fatofcwn fiiinU te/fna Pitaa Mm accapi* cvp to/fran fcMMOi lOCATOR S>a* CM* IMs: FCI Cap 0001 LCI Cjrn 1200 SS N. CQRJU. 7/4 R. MCEJM 13/4 II KM. 23/4 SIRAIIS AIISIRAt |A RO R0
      83 words
    • 427 17 CONFRE-ASIA PTE. LTD. MONTHLY TUG AND RAMP BARGE SERVICES. BINTULU SARAWAK TARAKAN KALIMANTAN (OTHER PORTS ON NDUCEMENT) ENQUIRIES: TEL. *****M/9 TELEX. IS ***** CONKAB CONTAINER SeMaJ LONDON FVrigkti SHOPS Ib Part SHIPPING ikt SHIPPING Evnte M REGIONAL Weather WHO Acta Far Wheat EXPORT TO UJB. PACIFIC. QULF, ATLANTIC, EAST CANADA
      427 words

  • Page 18 Advertisements
    • 419 18 LEO SHIPPING PERNAS MISC PTE LTD. SHIPPING AGENCIES SDN BHD ar~y?,\ai SINGAPORE PORT KEIANG PENANG HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALA YSIAN NTERNA TIONAL SHFPHG CORPORA TK3N gERHAD E m. Genoa. 2) km m, Aartws, Cape* I Eerop* carfo tor ai, Antwerp, L.Havr*. B4b*o, Bade. UK, 3)
      419 words
    • 188 18 SUPERCARRIER service WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA 1/4 7 V« CM IW la* 2/5 7/5 9/5 rM HV«t Bad 11/5 12/5 St Ma EM M 13/5 19/5 7 9/4 3-5/4 26/5 31/5 3/6 4/6 6/6 8/6 10/6 U/« 19/6 23/6 > I 16/4 J 17/5
      188 words

  • Page 19 Advertisements
    • 604 19 Overseas Containers Limited Weekly mMm to/Mom UK/Europe STRAITS StfIPPMG Singapore to Sabah, Sarawak, Brunei Ports and Bangkok S>n PJUMm S% 11% 13 Apr 19% 21% iZy CTWMBM> ffIMP FMM Mt/CQ •r»»i Ina r*a I*3 kM MM 5S j* ;t St lit St Em. n M r«H rtw teNnra ULK. 29%
      604 words
    • 239 19 Franco Belgian Services h I' I eztt C.M.C.R. -iii T Seatrain Pacific Services S.A ■7 rr N'.Al' >Hi op?org shipping pte. Ltd. "y' »j*»* I um pi Port Pmlmhnq Jm*m P#»n*nq f. i.M |)4 E L M A Ly i tMPHtSA [iNUS MAHIIIMAS AHGf NTINAS IARGtNTtNt NATIONAL UNti >»• Mto'.APMRf
      239 words

  • Page 20 Advertisements
    • 737 20 Hapag-Lloyd FUUT CONTAMERKED TO EUROPE EXPORTS lekyaiey Baf Eipreu Out* Bay EXPRESS TT TOEUROTE 1/4 4/5 10/5 1/5 29/4 1/4 .3/4 9/4 29/4 14/5 19/5 10/5 8/5 24/4 27/4 17/5 29/5 2/6 26/5 24/5 FULLY CONTMOBED TO SENOA/TROTE i bpw m m rmn 30/3 1/4 S/4 a/4 10/4 l«/ 4
      737 words
    • 461 20 LINE KOREA SHIPPING CORPN P. Kdanf VEGA 147N VEGA 148E ALIA* 151N ALT AM 152E STORE 9/12 Apr 9/12 Apr FM BUS AN BANGKOK 9/12 Apr TO BUSAN 9/11 May 12/16 May FOR BUSAN BANGKOK 9/11 May 12/16 May TO BUSAN PENANG CALL SUBJECT IttXJCEMENT ISC KX KX KX KX
      461 words
    • 506 20 EVERGREEN LINE fAR AST FtJROPt EXPRfSS Fill I CONTAINER SERVICE ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP. LE HAVRE ALSO ACCEPTMG CARGO FOR: UNITED WNGDOM SOUTHAMPTON. LONDON. MANCHESTER. BMMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY NMEHHMN HOLLAND AMSTERDAM rpn NM*«| FMmMMNMm I 1 EUROPE FAR EAST EXPRESS fUll CONTAINER SERVICE
      506 words
    • 814 20 Everett Lines! Burma Fivo Star Shipping Corpn. "BURMESE NATIONAL LINE' LOAUNG FOR RANGOON HIANTAWYN* h Pwt/4 Ap PAGAN 1/10 Ap PWSHNEGYANTWA 11/12 In PA-AA 21/24 do 24/24 Ap B F SS C Agenti m Motoysto TEPS MALAYSIA Compania Ar|antina Da WiWHCia> Icrtareontinental S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOMXN6
      814 words
    • 413 20 r i^o.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD IO SANKYO LINE AUSTRALIA SERVICE P. Kaianj fcpp— Laadta Mr 22/23 Apr 19/21 Apr SYD, MEL. ADEL (/I May 9/19 May MEL, MB. BANGLADESH SERVICE MAT MCE MNrt CIVTTAGONG, JAPAN/STRAITS SERVICE KARLANDER LIPJE AUSTRALIA SERVICE P. KMm| LaaMj Mr MPart MB. STD.Ma. rrw
      413 words

  • Page 21 Advertisements
    • 650 21 PIL GROUP EAST AFRICA/REDSEA SERVICE COLOMBO/KARACHI/P. GULF SERVICE ROT A KTAN 11/15 Apt Colombo. Karachi. Damman, lOTA MOLEK 5/10 May Kuwait Karachi. Kuwait Dubai SINGAPORE/CHITTAGONG/RANGOON/SERVICES Loading For: Chittagont Madras SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES •IP S E A Container Feeder Service SIN/JKT/SIN/HKG/MAN ACCEPTABLE LCL/FCL CONTAINERS 7!±LZ'U-: Pakistan National Shipping Corpn.
      650 words
    • 643 21 TMi*>m MM MM FfaMnMr laraan MM Mm Bar Dm MM HljiH Evn> MM lay BEN LINE CONTAINERS amss comma soma to/from europc HBURC B HAVEN ROAM HAVK SOTON Spot* P Umi WGsmam/ AsstnsAatasrp FrMcs MUH vi a/4 a/4 n/t a/4 a/< 11/4 IS/4 1/5(1/5) 2/5 (11/5) 31/4 19/4 21/4 11/5
      643 words
    • 501 21 I ScanDutchy i 11/S U/5 12/s 11/4 «/i 21/s 14/5 M/l 21/5 NedHoyd Lines AMERICA (CENTRAL AND SOUTH) MM *tm Ml ta rh U Un hn S*lh Bk Ea4 IMb VI m M» wt M IV) IV) IV! M i/s to «M n/i a/i u/i iv« u/i MEM 7/4 to
      501 words
    • 634 21 *1 r V i' < BOUSTEAD SHIPPING AGENCIES U.S. GULF COAST SERVICE (New (Means, MoNe, Houston, Gatveston) OOUT TURMAM (M)„ ffIELLA LTKCS (tidi I tea*) Sinfapare P Kdanf 4/5 Apr S/9 Apr 10/11 Apr U.S. WEST COAST SERVICE (Seattle, Tacoma, Vancouver 8.C., Portland, Longview, Lonfbeach, Los Anfdes, San Francisco) S'ure
      634 words

  • Page 22 Advertisements
    • 662 22 8 K LINE KAWASAKi RISEN KAISHA, LTD. svssir n iAmUR Oa* ami mm ia/4 u/4 Mta NORTH AMERICA no Mmacau mux* 3/4 tapai Act 11/4 a/4 Itataiiw 11/4 a/4 NmlmmtHm a/4 IS/) 11/4 latoMn 1/5 11/* Uw Grit 7/5 17/5 nmMp a/4 a/5 17/4 taaafca Mm 5/5 15/5 Übm Seta
      662 words
    • 390 22 <32 0 CMJFOMU/MCnC NORTH WIST SUVICC OKSS C4NTA4EI/KEFU SEIMCt «*<N t« AMIES. SAW fMICTOO, gATTU. TICMM. WWCOWB. IX. PM* T 'inl I L Ma mm wear >«■ i Ap 8f SS SS »S USTMIM mm CMTMH StIMCE 4cc*m ra/ra Mn MM| Sport fraa MM Mft S* M% 11% 30% 21%
      390 words
    • 448 22 VAH I Tt i k roup SINGAPORE SHIPPING AGENCIES PTE IN) OTM *1 Oljh Ui tAS Sou O Su S Ni.APoMt NG 9-".. J L NIS .(MOAi 9'l'" '4 M «S A H t ARSHIP C.AIjLf CAHt, S» »P4IP» Mini Itcjiiimal 4 jHitainvr liiurs WEEKLY CONTAINER SERVICE BANGKOK ««Z£ N
      448 words
    • 475 22 lV U\ QRANARD LIME INDEPENDENT-ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO FCL ONLY FOR; PORT SAID. ALEXANDRIA. BEIRUT, LATTAKIA UMASSOL, ISTANBUL k PIRAEUS Specialty engaged agents stevedores providing immediate discharge mm mi ran r jct ♦mv. mm tat i. 3 Z I NMKBMM JI •UN Part SaM. LaMMM
      475 words
    • 426 22 ,yi f'WR' 1 1 v/T- 1 T IT' t INTRfISEfI (PTE) LTD f Hber House 234E Orchard Roao Smqat,or*Telephone *****'' 2 35-1057 NORASM MV7S REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE KOUR RKKMENT SM/FUi CONTAKR SBNKZ TO BMK .95 VP S" SSSZm mi% (Wo "> mn 7 May 3 May
      426 words

  • Page 23 Advertisements
    • 134 23 I OCEAN LINES REGULAR NON CONFERENCE SERVICES mediterranean sea service Sparc PIU OCEAN ME V.UM 10 Naini LOjdMlf fc)( Port SaM/Atouadria/UMSMI PVa«u>/B«n(/Lattakia (INDIA) SST LINES SERVICE FROM MDOfCSIA/SMGAPORE TO SETE, SAIiKNO ft TWESTE M.V. SATYA SOMAN V.l« m I*9 OUT IMN) ETA ETD .20 Apr 25 Apr CONTINENTAL FAR EAST
      134 words
    • 133 23 PERKAPALAN LAUTAN BIRU •vRegular Service to East Malaysia V siri Sealion Shipping iM SfV B' Port Klanq Jel 38 4 '4 Tele* MA ***** S pore Gaya Ocean Snipp' n q Pte it Tel *****10 A *****46 Tele* RS ***** ALFRED C. TOEPFER SCHIFFAHRT ETA ETD LOADING FOR IS/4 16/4
      133 words
    • 140 23 m MiiW. W a EXCLUSIVE LASH SERVICE TO U.S. ATLANTIC GULF GKIN HAWOU** 23/67 CGI 7/4 14/4 *CtoSM| BdMan Ist CtoMd. 2nd 4/4. M 9/4. 4tt 14/4 PWm| Sapiorc SjrfMf Oonn| Safaflf 20/4 21/4 23/4 ORIENT LLOYD ORIENT LLOYD (M) |f s 4D HO u't V Ke j-386-.M I 3
      140 words

  • Page 24 Advertisements
    • 170 24 EGYPTIAN IMTP L> Kl A TlOKi A I I IKJF rI I INTERNATIONAL LINE (EIL EGYPTIAN FLAG Mar 21 (SM) Apr 10 CARGO FOR BUSAM, MOM, ROBE, YOROHMM i,ff#s•, *GfNIS N SHIPPING Plf lID if I ??***** SlNf,*P<#( CGO R*g'. 1? t4 n» »s?!oi' SUB NT 1 HS H M
      170 words
    • 206 24 amrgunmsn snipping Agency rw Liu A|nts if Bangladesh Shipping Corporation S'pore Kuantan Loading for: M.V. SOUDMfTY 8/10 Apr 11/12 Apr Kobe/Ouka/Yakahana For Bookings please contact' BangladMh Shipping Agtncy Pte Ltd Singtpen; *****1 Oriontal Shipping Corporation KJ-: ***** V ALFRED C. TOEPFER LINE REGULAR soma TO IOITERRAIEAN PORTS OF ITALY, SPAM.
      206 words
  • Page 24 Miscellaneous
    • 170 24 Regional Weather a ■y y mmm. y-y s* m SW 2<i i V? /> V^ xfi? 1 r •sTs r, £3 X mm& W«yv. IP \^%y. f< h< n s SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. R Thundersto Shower Rain Cloudy Sky Temperature Weather °C .O
      170 words