The Business Times, 7 April 1980

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C4P) No. 111/1/8# MONDAY, APRIL I,IIM 50 CENTS
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  • BRIEFLY...
    • 80 1 THE Registry of Vehicles has introduced more construction requirements on certain categories of public service and goods vehicles to promote road safety. Under a new ruling, public service vehicles (mainly the larger and bulkier ones), registered on or after Jiuy 1, must be fitted with split
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    • 65 1 AP A RESCUE fire engine reached the Bangladesh Bhmii airliner within 10 minutes after it bellylanded last Thursday night and not 20 minutes as alleged by the pilot, the Department of Civil Aviation said yesterday. "It was fortunate that the aircraft had not caught fire but
      AP  -  65 words
    • 56 1 Reuter SEOUL, Sun. President Choi Kyu-hah said South Korea's rapidly developing arms industry would soon produce combat aircraft. In an address to the 1900 class of the Air Force Academy, the president said South Korea, with the help ef its growing industrialisation, had mndegigaatic strides in the
      Reuter  -  56 words
    • 62 1 AP KUALA LUMPUR, Sun. Malaysia had one of the lowest inflation rates in the world last year when the level dropped to 3.6 per cent from 4.6 per cent in 19I& Finance Minister Tengku Razaleigb Ramsah said. Tbe reduction was made possible by various government measures including
      AP  -  62 words
    • 62 1 UPI MANILA, Sun. President Marcos said the death penalty will be meted to persons found guilty of fraudulent banking deals, classified as economic aabotage. Fqpowing a recent scandal involving the granting of some Ave mflUon jpesqs in rural hank loans to ftctitiflus borrowers, President Marcos ordered the immediate
      UPI  -  62 words
    • 63 1 UPI KUWAIT, Sun. Iranian OD Minister All Akhbar Mntnfar said unless Saudi Arabia increases its oil price by US© a barrel, there can be no unification of prices among members of the Organisation of Petroleum Exporting Countries. "We are not going to accept any restrictions on our oO
      UPI  -  63 words
    • 51 1 UPI MANILA, Sim. The Philippines is now a leading exporter of coffins and finds Americans and Germans among its enthusiastic customers, the official Philippine news agency said. Although "traditionally non-sentimentalists" American prefer wooden caskets saying "wood is to the body because it is cooler', accordto the news agency.
      UPI  -  51 words
    • 76 1 AP WASHINGTON, Sun. Factory waiters in West Germany, Belgium, Holland and Sweden earned about 25 per cent more than American waiters last year, according to estimates by the US Department of Labour. An average US production worker in manufacturing industries earned US$9.O9 an hour in 1979, all benefits
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    • 71 1 AFP TOKYO, Sun. Visiting Chinese Vice-Premier Yu Qui-li has confirmed that China lis ready to rejoin the International Monetary Fund (IMF), it was learned here. Observers noted that it was the first time that a leading Chinese government official publicly stated China's readiness to return to the IMF.
      AFP  -  71 words
  • 99 1 THE lihilM li i M the 1« mmt actively tnM rtwta w>>iiMfcirMlini < Smpe i—l week. II |t'« <kt tanmr k thmuii «I ufts, rlMiag prim •a FtM»? aai tfce Mgfc aad tow far IIM Cmmm, ST" t Mm 5tm Urn Haw Par tm l.M 2.13 1.3(
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  • LOCAL STOCK INDICES
    • 65 1 Iter tl Afrl Apr* Apr 4 tfBT lades: MUi 3882.79 38(6.21 4046.72 cloard •nwaoe: 461.04 834. Tl 454.88 837JB 454.14 838.08 439.82 841.98 cloard closed "Hotete 418.87 ***** 417.72 419.82 cloard *PrCMTte: •—i yjii ma AM 328.74 mat 328.21 280.08 338.12 280.02 cloard cw«ea 828.53 832.01 831.30 836 86
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    • 62 1 Mar SI Afr 1 Apr X Afr I Ayr 4 tier Mb: CB.11 KUH M05.30 (804.04 moom •MMtrtato: SMS 305« 528.30 532.00 517.03 fPtaMace: 7».U 7*.42 738.15 730 25 731.81 MRMrii: ».75 328.88 327 01 3270« 327 86 346.17 341(7 ***** ***** 354.(3 mm: mn wjs 270.01 271.15 274.24
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  • 509 1  -  OPERATORS CHOOSING EMPLOYERS By JOHN LIM JOB vacancy banners appear to have taken up permanent residence factory premises around the island and are likely to hang around for a long while. A recent testimony to this is the experience of ITT Singapore's effort to find
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  • 213 1 ASIA Commercial Bank (ACB) today takes its (dace among the many banks that have computerised their current, savings and fixed deposits accounts. As from today thtlfff wffl also be linked to the other flnaartal centres of the world via the Society for Worldwide
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  • 482 1 A PLANNED joint venture company between an Indian engineering group and the Development Bank of Singapore will have a added per worker of around three tfanes the napore) reckons that it win have a value-added per worker of 167,000 when the plant goes into full production
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  • 400 1 PHILIPPINE Airlines (PAL) plans to capture 50 per cent of the SingaporeManila passenger traffic this year through aggressive marketing and improved services. This ambitious goal is set by PAL chairman Roman Cruz as part of the airline's master plan to be the best airline in Southeast Asia.
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  • 108 1 THE Dmnlif—l Baak •f flugiiin (DBS) b lanjtag nt "*^l^ tojrSSStjC DM **M JYM Pttlfty IsM iiritillm h IffNiMl tie n> stiaaflng «111 to a clearer anata «I inlfcl mMm (rea the reel «f *e pw» ■> AM imhsiiflng ta KB uier
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  • 476 1  - C E sues director of rival tour company MAROARET THOMAS CAE Tours has taken legal action against a farmer director who now heads a rival company, fltoo Ameika Travel Corporation. CAE, one of Singapore's largest tour agencies until cash-flow and problems brought Its operation to a halt this year, is
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  • Page 1 Advertisements
    • 0 1 >>{+&.=%(,:.{"!&][:}~,`[>*"]|)-
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    • 69 1 Slow Motion X* < < The SL-C7 features continuously variable speed control from STILL picture to a speed about half the speed of normal playback. This is a particularly exciting feature for the person who loves to watch sports. Now he can slow down the action in a fast-paced tennis
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    • 64 1 mm SHIPPING TIMES Bwiiwi Administrates gnli* LOCAL uuUeir mutdus Ht ates are well-paid 2 1acking..................................... C REVIEW sf Bttjw cemmedlttes QUICK Mtfn m lyittette fsels last week 4 needed 12 HOW the malar stock markets MYSTERY sarreoads spate sf perfsrmed last week.......... eii taaker disasters 12 AIRCRAFT I, TV AND
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    • 100 1 TheMMOUAEP3IO PPCdoesital. JAL has more direct flights i < IC x> r# Relax in wide-body comfort on 9 flights a week to Tokyo 5 nonstop and 4 via Hong Kong. (If you're on business, don't forget to ask for JAL Executive Service) KYOTO STOPOVER. Then relax for a couple of
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  • MANAGEMENT
    • 990 2  -  By QUEK PECK LIM RECENT studies carried out last year show that Business Administration graduates from the University of Singapore, by and large, consider themselves a (airly successful lot And why should they not? Out of a awpHng of 206 from those graduating in the years 1988
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    • 1244 2  -  A proper strategy plan first identifies an opportunity and then evaluates resources (or lack of them) in terms of that strategy. This article is extracted from materials used in a seminar on Mergers and Acquisitions, jointly sponsored by Applied Research Corporation and Singapore Institute of Management last December.
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  • Page 2 Advertisements
    • 136 2 COMPUTERISED TO SERVE TOU EVEN BETTER Our computers now cater for all forms of domestic banking—Current Accounts, Savings and Fixed Deposits. At ACB we care. We also want to make it easy for you to bank with us. With our fully computerised system, you can effect transactions at any of
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    • 69 2 With Maintenance, half the problem is getting to the job NOW HALF YOUR PROBLEM IS SOLVED WITH ALUMINIUM ACCESS TOWER SPAN TOWER (from 1.33 m to 13J6m*) STEP TOWER (from 2.29 m to 14.89 m*) '5% *X -A -V T~~- if -X~ r r -V W 'Maximum free standing height
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  • Page 3 Advertisements
    • 271 3 Only Sony Betamax SL-CI has tIsSS;« r tWSm m r mi v :s A. i- iif*. fs -v .<• i\. r> £3fm <■"" 4 it 'J r-*?-SOR TO -ri ■eH til* .»sl#sv*-" K*. >»•>.. H Jk? W^Sm :*.l a 14-day,4-evesnt Timer. PICTURE SEARCH For the first time anywhere, Sony introduces
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  • RAW MATERIALS
    • 287 4 JAPANESE copper exports in fiscal 1979 totalled about 168,000 tonnes, sharply up from 39,400 tonnes in fiscal 1978, Tokyo trading sources said. Of the total, about 120,000 tonnes were destined for the US and 30,000 tonnes for Taiwan. The sharp rise stemmed from efforts
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    • 204 4 AFP QUOTATIONS continued to fluctuate in the world sugar market last week there was an overall tendency- for levels to decline, Canikiw writes in its latest review. The authorities in Syria have invited fresh offers for 20,000 tons of white sugar, for which they now request shipment
      AFP  -  204 words
    • 177 4 Reuter TOTAL tin exports for 1979 from Peninsular Malaysia rose to 72,379 tonnes from a revised 70,189 tonnes in 1978 and 66,513 tonnes in 1977. Provisional figures from the Malaysian Statistics Department show that exports in December rose to 5,771 tonnes from 7,310 tonnes in November
      Reuter  -  177 words
    • 664 4 COFFEE: Futures made a late recovery on Thursday to close with gains from Wednesday of £15 to £35 per tonne. Turnover was 3,792 lots including seven options. Dealers said afternoon trading turned moderately active under the influence of producer orientated operations that increased the day's turnover from 643
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    • 72 4 C.I.F. North European ports, in US dollars per ton unless otherwise stated: LONDON: Thar* Previous Malaysian 5 r r ffa bulk per tonne May unch 605.00slr June unch 630.00»lr Sumatra 5'» ffa bulk April unch 615.00alr May unch 610.00slr June unch 607.50»lr July 595.00pd 598.50pd August unch 595
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    • 268 4 RUBBER futures in London on Thursday afternoon closed quiet with price movements showing little change from the morning's closing levels. Gains were still mostly between 0.50 and 1.30 pence per kilo. Turnover was three lots of five tonnes and 225 lots of 15 tonnes including 38 kerb trades. Dealers
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    • 222 4 CHICAGO soybean futures closed unchanged to SV« US cents a bushel higher in light trade on Thursday. Despite the announcement that Brazil eliminated the export tax on soybeans, the market maintained a firm tone all day, leading traders to believe that prices may have found at least a temporary
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    • 222 4 WHEAT futures on the Chicago Board of trade closed 5Vi to 9Vi US cents a bushel higher on Thursday. Talk of complaints of TCK Smut in west coast white wheat bound for China helped move Chicago wheat to the highs of the day, traders said. However, with no confirmation
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    • 272 4 COMMODITIES tnM ea the fflagspew CUmm Prodace Exehaage west IteUutre activity last week with prices nadlag the week ea aa «eater aete. Velame rrmslari rather lew hat aa laereaae la fresh deliveries was asted la the eeeeaat ell aad espva market. Dealers repsrtei that
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    • 1003 4 AFP. WITH THE approach of the Easter holidays, British commodity markets were quiet but irregular last week as the nervous atmosphere continued following the US silver crisis. The fluctuations of gold contributed to the uncertainty so that, with American interest rates going even
      AFP.  -  1,003 words
    • MONEY AND EXCHANGE$
      • 202 4 Source: OCBC THE HIGH US interest rate continued to bolster the American dollar on foreign exchange markets last week. The US currency reached a high of 1.98 deutsc he mark and 1.88 Swiss francs at one stage, before easing on profit-taking after concerted European central bank sales. The
        Source: OCBC  -  202 words
      • 22 4 THE average rate at which major Bingapore banks are currently prepared to lead to their best cuatomers is 11.5 per cent.
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      • 283 4 OVERNIGHT funds were concluded between 10 'It and 13 per cent last week. With rates at higher levels and market anticipation of further increases, term money attracted much borrowing interest. Three Months, opening at 11-5/16 to 11-3/16 per cent, rose by 5/16 per cent to close for the
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      • 47 4 FOR THE week ended Saturday April 5, the range of call rate received from Short Deposits (M) Bhd was as follows: Baak find: One per cent to 1.75 per cent. General fond: One per cent to 4.375 per cent. Movements of funds totalled 1901 million.
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      • 184 4 ASIAN RATES ASIAN eui rmty •verage deposit nta i far tl he week eaded AprS: (Bid i trices) High Low 7 days 10't 18 Mi 1 month 20 19 3/10 2 months 190/10 19H 3 months 20* 109/10 6 months 19H 19 5/10 9 months 189/10 18'/. 12 months 17
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      • 106 4 Source: Astley Pearce LAST week opened on base day (March 31), with overnight trading going below parity for the first time in many months. However, the overnight rate finned considerably after the base day, with trading mainly above 10 per cent, but closed slightly easier at the end
        Source: Astley & Pearce  -  106 words
      • 177 4 THE NEW York spot market last week fluctuated within a range of US$56 to close on Thursday at $487.10, little changed from the opening price last Monday, reports Greea and Celßer Balhea Pte Ltd in its gold review for the week ended April 3. On the Gold Exchange of
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      • 249 4 THE DOLLAR ended on a firm note on Thursday, after a quiet pre-holiday trading session in which business was largely confined to book-squaring, dealers said. The midday closure of many European centres added to the subsuded trading. The dollar closed at 1.9650/65 marks compared with an opening 1.9615/30 and
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      • 132 4 THE US dollar for overnight delivery closed firmer at 258.15 yen on Friday, compared with a 258.00 opening and 257.60 at Thursday's close, despite modest central bank yensupport intervention, dealers said. Trading was light with volume US$5l3 million. The Bank of Japan sold an estimated $70 million to $80
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  • Page 4 Advertisements
    • 241 4 III!* mmm m SUE UNITED OVERSEAS LAND LIMITED (INCORPORATED IN THE REPUBLIC OF SINGAPORE) PROPOSED LOAN STOCK ISSUE WITH REGISTERED SUBSCRIPTION WARRANTS As announced on 21st March 1980, the Directors have proposed, subject to the approval of Ordinary Stockholders at an Extraordinary General Meeting to be convened on 15th April
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  • Page 5 Advertisements
    • 513 5 SWISS LINE 2000. THE SYSTEM FOR THE '80s EXCITING IN CONCEPT FUNCTIONAL IN DESIGN, MODULAR IN PRINCIPLE Modular Storage Systems. Designed according to AC fll|||l# |t Ji a construction principle of utilizing a few basic J uIIILT Hi- I HH M HH' elements to form a main or ancillary structures.
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  • REVIEWS
    • 1085 6  -  By PATRICIA GOH NOT too long ago, a local music critic complained of the dearth of amateur musicians. But he need only take the lift to the sixth floor of Plaza Singapura on Saturdays and be bumped left, right and centre by violin cases and
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    • 723 6 LYM IF YOU are watching Henry VIII without an understanding of English history, you are bound to be a little lost or mystified. And what you can gather in Part I would be due to the British Broadcasting Corporation's excellent .editing which leaves what
      LYM  -  723 words
    • 857 7 YM CHINESE paintings have a style all their own. There are no overly abstract tones to taunt you as to what the subject and theme really is. And although there may be some (indefinable forms, they are seldom the chief preoccupation of the artists. They create
      YM; Monkey by P'u.  -  857 words
    • 845 7  -  By LEE YOKE MENG TO ME, Searching the School has always meant no more than another masterpiece of the well-known Cantonese opera actor Ma Tse Chen. Though I have the vaguest impression of the veteran's stage acting having seen his shows when I was barely three years old
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  • Page 6 Advertisements
    • 140 6 ffbr Men: Clear Skin Pack. Because men with problem skin need special attention* A special formula face pack that helps clarify and tone while it promotes a clear, clean outlook. A man can feel Clear Skin Pack work as its warming ingredients touch his skin. The pack's heat encourages surface
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  • Page 6 Miscellaneous
    • 545 6 FILM SHOWS HILTON International will screen lie Mlniiri Breaks on April 13, a western starring Marlon Brando as a "regulator", a man called in to eliminate rustlers, outlaws, thieves and the like encroaching a ranch. Jack Nicholson is cast as the head of the gang Brando is called in to
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    • 31 6 BnStoW'-' Frank Dickens I No economy DR»ve &OT UJWPvT Ron GOt»4& T O DO U>*TM PI.L THCSC LCFT OVCeS P J DO ioHPn NCPmRLL TR<e T»4Grn Home FOR UTae FPfT CM»LDGeN.
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    • 1321 6 Sue Ellen's dalliance TUNE la toalgkt to efcaaael S at 8 18pm far the eeatfaaattea sf Dallas. Ills evealag, we will see Digger Baraea veatariag late kis adversary's territory sa the •eeasstoa sI the aaaaal Bwlag r«4ee eenpettttoa. It li aet the festivities that attract Digger there bat the prsspeils
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  • Page 7 Advertisements
    • 400 7 I I r >* v V Taken on an CXympio OM- J Aprrrurf F22 Speed I /60 second. Light source: Free-standtng synchronized flash Send us your best Olympus OM shot and you could win a trip to the Olympics You could win 12 days at the Olympics including air-fare, accommodation,
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  • MARKET REVIEWS
    • 1348 8  -  By GERALD COLVERD EXPEDIENCE, observed Oscar Wilde, is the name every one gives to their mistakes. The current share performance in the budget account ip' about to provide many with the experience of misjudgements. Contrary to the collective wisdoms of overpaid, inexperienced observers, the stock market
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    • 512 8 U Tokvo Ĕ. J AFP THE Tokyo stock market staged an impressive recovery last week from a sixweek slump in February and March, sending the Dow Jones average above the 6,700-yen mark. The relaxation of controls over margin trading, announced on Tuesday, triggered surging waves
      AFP  -  512 words
    • 762 9 ARRIVALS Service Local Operator Number Tim« i From FT" FT75 0710 LAX/SFO/HKG PAA PA006 0025 NYC/SFO/HKG MAS MH682 0710 KCH SIA SQ528 0750 DHA SIA SQ101 0815 KUL MAS MH621 0635 PEN MAS MH607 0845 KUL MAS MH671 0930 PEN/KUL SIA SQ2U 1000 HLP CPA CX710 1006
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    • 762 9 K.Lumpur I— 1 THE Kuala Lumpur stock market was quietly steady for the best part of last week and share prices generally recovered to close moderately higher on the boards. For the first time since the bears launched their assault in early March, there was a definite
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    • 484 9 ttjsydne» A MID-WEEK rally vanished along with the diamond rumours which helped spark it as the Sydney Stock Exchange ended trading for the Easter break. The market and the rumours peaked on Wednesday when it was claimed that the De Beers group had found a promising diamond
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    • 813 9 K «Singapore AFTER four weeks of illhealth, the Singapore stock market finally stepped on the road to recovery last week as prices finished on a firmer note. For the first time since the bear raid a month ago, major market indicators made a
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  • Page 8 Advertisements
    • 109 8 Where to wine, dine and entertain I i )< x! ilt till' Barons Table. I h»• H«it«m s I Holiday, Inn. \n r.uiim h < .ision v T* V& v Feast like an emperor at Chinatown v) u% b(0 Our chefs can whip up culinary delights that would excite even
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    • 133 8 rt J i I For drinking. Fur dancing. For dcligbtjtil evenings. Music hy llwihus hitt rnatiofhil of London. M lIU K > 1 IKI .S. 1 I •»{> > i I •<-iil i r\ I 'ni'k 1« 'I'j il< >i i i 11 h m HUGO'S BUSINESS fmf LUNCH '01
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    • 142 8 *4 ft y j Sac* Sea-Food prepared by our exclusive Thai Chefs It*# the talk of the town. 0, 19 I J* C«ll Jowphtw for rtwnwUM l *****75 oc *****11x107 I V? 7* m W. m *x Hainanese Steamboat Take the tastiest morsels of squid, beef, chicken,prawn, pork, vegetables Steam
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    • 184 8 Smoked "Duck with fire Our Smoked Duck has fire That s Ahy people rave about it You II agree That, and other specialties typically Cantonese In the cool of air conditioning And Hilton service And of course, our very own Flavours of Singapore Hin's Top of the Hilton. Lunch and
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    • 71 8 7ZP g\OpLT!Jj 4 osy. Soul liint>. ICvl;i\iiiL>. X 9> > 1 T.T Ronnie 'fi: 5;CTrio Robin's Tavern. The place to after work. To relaxomd to enjoy your favourite drink. In a cosy, soothing t. atmosphere with cool, cool music provided by u live group. Visit us at VjljO Robin's Tavern
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  • Page 9 Advertisements
    • 58 9 Higher rates of interest for your deposits at Chase Manhattan Bank Please call any of our Branches for further details. Special Exclusive Service For immediate Foreign Exchange rate indicators just dial *****91 during business v hours 4 Shenton Way, Singapore 0106 Tel: *****55 541 Orchard Road, Singapore 0923 Tel: *****22
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    • 124 9 SOMETIMES, CREDIT TO TOUR BIGGEST CUSTOMER COULD SQUEEZE YOU OUT OF BUSINESS. Time, in such a situation, literally means money. And loss of time means loss of money. Now, it's possible for you to collect immediately after shipping through factoring your invoices to Heller. You get instant cash to roll
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  • COMPANY NEWS
    • 285 10  -  •WNk mmM April 3 Compiled by Violet Chow SCRIP ISSUE HgMaai UwMb Bonus issue of one-for-one. OTHERS Urtted lataMal Over mm HaMtags is terminating its earlier contracts with the various parties from whom it purchased large blocks of United Industrial Corporation shares by mutual cogent.
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    • 130 10 BUSINESS TIMES INDUSTRIAL GROUP INDICES (BASE YEAR: JAN 4, 1971 100) 1979 1980 Week's Action High Low Industrial Group 28TH 3RD POINT MAR APR CHANGE 433.62 145.90 Automotive 389.00 399.74 +10.74 698.77 328.68 Banks, Insurance, Finance and Trustees 638.85 645.63 6.78 309.21 135.80 Chemicals, Rubber Products, Refining and Smelting* 283.70
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    • 981 10 fcj jNew York NYT THE recent collapse in the silver futures market may have accomplished in short order what the Federal Reserve has been trying to do for months namely, to bank the fires of inflation. Last week, the bond market saw its prices finish on
      NYT  -  981 words
    • LATEST RESULTS
      • 151 10 Audited net 1979 group profit M 57.72 million ($2.21 million). Turnover 81.21 million (57.90 million). Profit after tax $963,000 ($707,000) and share in associated company profit $773,000 ($968,000) but before minorities $751,000 ($114,000). Earnings per share 30 cents (15) on capital raised to
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    • 346 10 SHARE prices closed higher on Saturday as active selective buying in speculatives, chemicals and some blue chips more than offset profit-taking in front runners, dealers said. April 05 Yen Akal 384 +7 AsahlChem 215 -3 Asahl Glass 382 -5 Bank TK 210 -I Banyu 534 -4 Bridgestone 514
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    • 88 10 APR 04 LMrr Ann 975 unrh Avvor (ifo sa«o 290 tiastngi 68ft 35 IVMraip 9155 -5 VIM 2048 -3 t iriMrtcr 78 1 tien Imtitoh >4 25 025 IH Pri 2460 32 Italrrmrnli 201S30 -180 llalgas 812 55 It.ilMder .109 -1 MaKiicti M Pf 595 1 M.irHli Krr X<*)
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    • 2763 10 1979/1980 High Low Coapuy Last Sal* Gr*a Dhr or- Gr*» Net Div YTd P/E Vol Week C*»r COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 370 223 149 163 324 80 290 482 220 340 245 Acuta 220 Alcorn 116 Allied Choc 140 BAT 270 Bat* 00 Ben
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  • Page 10 Advertisements
    • 114 10 "Its good to have you home" i t ft .><*? m ppq^B The Equatorial. Just like coming home. You feel it in the heartwarming smiles. The personal care and attention. The relaxed atmosphere where you're free to be yourself. It's coming home to 300 luxuriously comfortable rooms and suites. Superb
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  • MONDAY SPORTS
    • 1203 11  -  COLIBHI CLASSIC 1980 By CHARMAINE CHAN THE CHANGI Golf Club holds special meaning for 27-year-old David Milne. Yesterday, he won the (10,000 Coltbri Golf CbMric 1980 after a seven-year wait for a victory on the local circuit and it was at this
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    • 444 11 Reuter DEFENDING champion Lu Hsi Omen of Taiwan retained his title when he carded a ooe-under par 66 Testerday to win the Indonesian Open golf chamiponship with a Mai of 15-under 285. His four-day total was way ahead of second-placed Mya Aye
      Reuter  -  444 words
  • Page 11 Advertisements
    • 134 11 Borobudur Intercontinental tour Business Centre in Jakarta. 1# If you travel frequently you'll expect your hotel to offer some kind of business centre to assist you. You probably won't expect one that offers services like ours. Like 24-hour telex, telephone and message facilities, secretarial and translation services. Like small conference
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    • 283 11 V '?tv if vt v &f I v» i *&d£? BBSSt* W'-. xw M b ir*-r-~^#s V* .f*£T 4> .^*^U D •w v".'-' i.. •> r w~ *«> '$i 'v: > r j|F iv f V 4t •> y 41 Now to Manila and 0n... ThaTs right. Philippine Airlines has
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  • 198 12 UPI PRESIDENT Outer «ad Mr Ranald Rugu haw won.maartve victories, as expected, te Louisiana's flrst presidential primary. Mr Ckrter beat Senator Edward Kennedy by more than 2 to 1, white Mr Raftfan mothered Mr George Bueh by better then 4 to L TflnMm
    UPI  -  198 words
  • 61 12 AFP £|VALIDS aid handicapMd people tan the USSR are •ported to the Wand» of •sake Ladoga north of ■ulngrad and never reMrn, the Sakharov InternaBoaal Committee said on Saturday. *Theae invalids receive no Medical care and live forgotten. committee's headSarters in Copenhagen s issued
    AFP  -  61 words
  • 413 12 AFP THE mystery surrounding a spate of disaatera involving Liberian oil tankers off the African coast has caused many questions to be ashed on the world's biggest maritime insurance market in London. The unclear circumstancee surrounding the «iwMng of the supertanker off Senegal on Jan
    AFP  -  413 words
  • 280 12 AP US Secretary of Commerce Philip M Klutznick has urged the passing of laws allowing the formation of "export trading companies,'* such as in Japan, South Korea and other countries, to help small American hnrinesses sell their goods abroad. Mr Khitznick said only 30,000 of 250,000 American
    AP  -  280 words
  • 258 12 AFP ASEAN is quietly exploring the idea of withdrawing recognition of the ousted Pol Pot's regime of Kampuchea after Vietnam pulls out its troops from the country, diplomatic sources say. Asean has become increasingly aware that the withdrawal of Vietnamese troops
    AFP  -  258 words
  • 271 12 AP JAPAN'S biggest scandal since the Lockheed bribery case involves alleged smuggling and embezzlement by staff members of the Japan International Telephone and Telegraph Corp. The quasi-public company is known ss "The KDD" in Japan, and the scandal surrounding its reputed mismanagement gets big
    AP  -  271 words
  • 108 12 AFP PRESIDENT Marcos yesterday dispelled long «tiiwWwg ywihHwif Of top level revamp in his administration. In an interview with newsmen in a presidential resort in his hometown of Docos Norte, about 400 km north of Manila, he said: "If you are in the middle of a crisis
    AFP  -  108 words
  • 513 12 AFP QUICK action on new energy technology should enable Western nations to produce synthetic fuels equal to three million barrels of oil a day (MBD) by 1990, according to a report drawn up for next June's economic summit at Venice. Investment to the tune of
    AFP  -  513 words
  • 195 12 AFP JAPANESE firms plan to expand abroad on a grand scale in the ISBOU, but the weakness of the yen could slow this process in the short term, a report published in Tokyo by the Japan External Trade Organisation said. The reluctance of
    AFP  -  195 words
  • 124 12 THE Malaysian government (dans to liberalise exchange control regulations on gold to allow Malaysians to hold limited amount of gold. Finance Minister Tengku Razaleigh Hamzah said: "In view of the. growing public interest in this metal, I have directed Bank Negara to re-esam-ine the existing regulations with a
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  • Page 12 Advertisements
    • 213 12 good for v choosing ftexroth i f m A twitching accuracy 1 3 different methods of connection setting scale plug connection REXROTH your wise choice The piston pressure switch type HED 4 is suitable for subplate mounting and line mounting, as well as for fitting in Rexroth stacking systems. This
      213 words
    • 121 12 Announcing a major addition to Harris Banlds international financial Our new Singapore Branch. V 2505 OCBC Centre Singapore 0104 Telephone: 915-722 (General) *****32/3 (Foreign Exchange) Telex RS ***** (Administration) RS ***** (Foreign Exchange) Cable: HARRISBANK, SINGAPORE J. Donald Higgins, Vice President/General Manager Richard J. Moreland, Vice President/Manager Money Market r
      121 words
  • Page 12 Miscellaneous
    • 63 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few places after midday. B apart far M Inn prtor to 7J9 p.m. m Apr I itthealrpirt Maximum temperature 32.6 Associated humidity 60 Minimum temperature 23.8 Associated humidity 98 Hours of sunshine 8.75 Rainfall in millimetres Nil
      63 words

  • SHIPPING TIMES
    • PORTSIDES
      • 76 13 AFP A BRITISH team of transport consultants is currently undertaking a two week survey of all ports on the long coastline of Irian Jaya (former West New Guinea), Antara newsagency reported. The study by the "Render Palmer and Tritton" team lead by Mr Mac Donald is designed
        AFP  -  76 words
      • 93 13 AFP THE new African nation of Zimbabwe will soon be able to use Mozambican ports for its foreign trade, said Zimbabwean Transport and Energy Minister Ernest Kadungure said. The Minister, along with Lands and Rural Development Minister Sydney Sekereamyi, has been touring the ports at Maputo, Matola
        AFP  -  93 words
      • 73 13 Reuter US Assistant Secretary of Commerce Samuel Nemirow left Beijing after informal discussions with Chinese officials on a Sino-American maritime agreement. "Progress was made on several issues, but not all issues have been resolved. The discussions will continue at a future date," a US Embassy official said. Liner
        Reuter  -  73 words
    • 705 13  -  By GOH ENG KEE DANISH shipping group, Maersk Line is to convert its fleet of six semi-con-tainer ships now on its Par East/Europe service into full container ships at an estimated cost of US$5O million. The 14,000 dwt ships with a container capacity
      705 words
    • 618 13 SMpptag Liae Page M Skipping Um C«1 Adriatic Afea Alfred All trans Alpac Angkutan ANL APL Argentine ASCL Asia Merchant Atlas Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Ben bulk Blue Funnel Blue Star Burmese CAVN-FMG Central Ceylon China Nav China Ocean CMCR Cnan
      618 words
    • 762 14 SINGAPORE'S seaborne trade declined slightly in January this year, slipping by 4.8 per cent to 6.3 million freight tonnes, compared with 6.6 million tonnes in January 1979. This was largely due to a slowdown in the crude and refined oil trade, figures
      762 words
    • 939 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
      939 words
    • 1429 14 QUIET chartering conditions were evident on the freight market on Thursday in front of the Easter weekend but rates held fully steady. North American grain shippers covered cargoes from the US Gulf to the continent at $18 flo for April/May and at $18.30 for April, while business from
      1,429 words
    • Article, Illustration
      509 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Anchan (after Viminale A Botany Treasure sail, group I on board) 35/36 As Palm Carrier (Tanker) (after Accord P/O, subject gas free) 15 Car Liner No 1 (Ro/Ro) (after Toyofuji No 5) 45 Great Honor (after Maxim Gorky berths) 46 Kota Gajata
      509 words
    • 272 15 Reuter ftjRNESS, With* and Co Ltd's net tangible assets had a book value of about 450 pence a share at December 31, or a little higher based on current market prices, against 430 pence book value a year earlier, chairman Brian Shaw said. He
      Reuter  -  272 words
    • 116 15 Reuter THE hi Eastern Freight Owl—— said the cvraey adjastmeat factor (CAF) fraai Seath Korea will be eat to Mil per eeat train a per eeat trees April 7. The Aastraftaa twfwmt said the CAF treai Britain will be redaeed to Lfi per eeat tram 13.19 per
      Reuter  -  116 words
    • 164 15 Reuter SUPPLY and demand of cargoes and ships should remain fairly evenly balanced In the dry cargo trades over the next quarter. Matheson (Chartering) Ltd said seasonal demand, boosted by exceptional grain activity, kept tonnage of all sizes fully occupied at high rates
      Reuter  -  164 words
    • 2680 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
      2,680 words
    • 601 20 SINGAPORE shipowners continued their forays into the London secondhand tonnage market last week disposing two more of their locally registered vessels. Brokers reported the r+ale of the 10,006 dwt Kota owned by Pacific Lines to Tai-i-.wan shipbreakers for US$234 per light •*-ton. The refrigerated twinmotor general cargo was built
      601 words
    • 495 20 Agencies THE tanker market remained depressed last week. Although owners occasionally managed to obtain slightlyfirmer rates, the trend generally remained downwards as the availability of tonnage continued to outstrip demand despite the withdrawal of a number of vessels from the market. While
      Agencies  -  495 words
    • 185 20 UPI THE huge iron-ore carrier Australian Pioneer was believed to have been sabotaged at aea on a journey In Japan. Two senior officers of the Australian Federal police left Perth by air to board the ship when it enters port at Walcott, north of Perth
      UPI  -  185 words
    • 159 20 Reuter THE Japanese shipbuilding industry won orders to build 391 ships totalling 8.93 million gross tons both from domestic and foreign owners in fiscal 1979 ended last month. The Japanese Transport Ministry said they were up 56 per cent in number and up 177
      Reuter  -  159 words
    • 1482 20 WHO ACTS FOR WHOM The leading shipping lines eperating from local perls and the agents who handle earge bookings fer them. A-B Adriatic Csatalaer Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Alfred C. Ttepftr Sea Consortium (S)/ Marintex Enterprise (PK). Alpne Intrasea (S)/Yeo Shpg and
      1,482 words
  • Page 13 Advertisements
    • 300 13 Scan Dutch V Fast and Regular Service To/From N.C./SCAN/W.MED./U.K. Singapore Tel *****1 Port Kelang Tel *****1. Kuala.Lumpur Tel *****. Penang: Tel *****6 '<V> I \K I) I\ 1 W I \ll ORIENT OVE RSEAS Co*dcu*ieA. Line S'pn 10/4 11/4 15/4 16/4 3E :i( i, j jtr (STTtAJTS CARGO VIA FEEDER
      300 words
    • 251 13 aa;i;§ SEALORD ANTAH UASC UNITED ARAB SHIPPING CO 'SAG) EXPRESS MULTI-PURPOSE SERVICES 1E731 Dubai (6/5), Abu Dhabi (9/5), Dammam (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 3331 14/4 Dubai (24/4),
      251 words
    • 25 13 mm I CONTAINER Schedules O LONDON Freights n/m SHIPS In Pert m SHIPPING List VII SHIPSALES Vm REGIONAL Weather Vm WHO Aets Per Whem vm
      25 words
    • 559 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore Tel *****1 Port Ketang Tel *****.1 Kuata Lumpur Tel ***** Penang Tel <*****6 n*r MAERBK LINE EXPORT TO U.S. PACIFIC, OULF, ATLANTIC, EAST CANADA AND ASIAN PORTS *****J 74/4 ALBERT MAERSX 15-l«/4 ADRIAN MAERSX 21-22/4 ALVA MAERSX Singapore
      559 words

  • Page 14 Advertisements
    • 663 14 LEO SHIPPING PTE LTD SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KEIANG PFNANG < 1 1 -Mom MALAYSIANNTBtHAPONAL SHPPHG CORPORATIONBOHAD rt*mm Sarrfce T» Eww Feerier *PKeta*| Vessel S port 1) kfeaies 2) Ada* 3) Kburj 4) Gt»r 1> Um| Vessel M JUTUMM 12/4 APCMA 19/4 A OELFT 2t/4 sum* 3/5
      663 words
    • 318 14 HI3 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA Plhtai Ma i/« 1/4 Ma Mn Fft Mkn mt, Hl/5 15-7/5 25/5 27/5 St Mb A OH. MMe 11/6 19/6 23/ C 1/6 4/« SINGAPORE CALIFORNIA EXPRESS CONTAINER SERVICE ONLY 22 DAYS —WiStfr Rfl """-sr -sr («*arcanM)
      318 words

  • Page 15 Advertisements
    • 651 15 ■klkk Overseas B IB B Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports end Bangkok I FROM UK/iUSilMMiil: •rat Urn la Nam SM PJUani S pore Sail Pate hM faM WW bM II M MUIS.TMMU Uri faM faU bM 14 Apr TI M MM
      651 words
    • 390 15 1 I '-4*-' y Typhoon victim... on# ml* intend. ALL IM A DOTS WORK WALKER G. LUMBQEN PTE UMITI Insurance Reinsurance Brokers myiL 1701/9 Straits Tra*| M*t Battary M Seaport 1. Tilipliiiii: *****6/7 Tatn: K 2MSC "WALKOt" rt& Franco Belgian Services k I Ft y,i rfrrinK s, r» il>. li,
      390 words

  • Page 16 Advertisements
    • 462 16 Hapag-Uoyd rpn 11/4 13/4 19/4 21/4 1/5 3/5 J/5 11/5 11/4 21/4 29/4 30/4 1/5 M/ 4 4/5 6/5 13/5 15/5 19/5 21/5 Agents SEGANI MEDAFRICA LINE NAVIGATIONS SAN PAOLOsp Refiriar dvect service from Siniapore to Lagos and Pert Har court, ligeria. Singapore ARM 26/4 STRAITS ENTERPRISE 14/5 P.Hvcoort 22/5
      462 words
    • 574 16 VEGA 147* VE6AI4BE ALTAI 151N ALTAR 152E LINE KOREA SHIPPING CORPN P. KaJanf STORE 9/12 Apr FM BUSAN 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 INDUCEMENT tsetse KSC KSC KSC KSC KSC KSC KSC KSC iSC
      574 words
    • 380 16 EVERGREEN LINE fAR FAST EUROPE fXPRfSS fUU CONJAIWR SERVICE ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE; ROTTERDAM ANTMRP, LE HAVRE ALSO ACCEPTMG CARGO FOR UMTEPKWCOOM SOUTHAMPTON. LONDON. MANCHESTER, BMMMGHAM. BRISTOI. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND mimuA EUROPE EAR EAST EXPRESS FULL CONTAINFR SERVICE < S >*» *"1 la* Oufcj hmm
      380 words
    • 674 16 Burma Fivt Star Shippini Corpn. "BURMESE NATIONAL LINE" LOADM6 FOR RANGOON u A a B.F.S.S C- Agents 11/14 Apr 12/14 Apr 21/24 Apr 25/21 M mH m Motoyva TEPS TtPS MALAYSIA Compania Arpaatina Da (J PNavapadon lirtarcontinamal S. A. C. I. F \%JfJ "ARGENTINE NATIONAL LINE" LOAOMG FOR DURBAN, CAPETOWN,
      674 words
    • 574 16 T OCEAN SHIPPING ENTERPRISES PTE LTD. V A v A SANKYO LINE AUSTRALIA SERVICE a/Jl 5/jmf </•■* WLKL BANGLADESH SERVICE man 11/13% ammm.CHUM JAPAN/STRAITS SERVICE «»<w tsr \ar& r KEIT" SJS '{(lit i?"* WUi 11/13 Apr 14/15 Apr 10/17 Apr ®o* *®rn OCEM HK A OHUPMU m m meapoae m
      574 words

  • Page 17 Advertisements
    • 557 17 PIL GROUP EAST AFRICA/REDSEA SERVICE .wa as; Damsat ICIMTI VMMV Mofadoc ■on KM ROM TMUOI 5/11 Miy Poet Sudan. HodwM. Mombasa. o*r ts Sate**. COLOMBO/KARACHI/P. GULF SERVICE *OTA KTM 11/15 Apr ROTA RUKUN. Colombo, Karachi. Kuwait HOT* MOLEK 5/10 May HOT* MTU 15/20 Ap Colombo, Dubai. Kuwait Damman Colombo. Karachi.
      557 words
    • 897 17 i BEN LINE CONTAINERS fcw»t«ran EXPRESS CONTAfO SERVICE TO/FROM EUROPE KMC BHAVtN ROAM HAVAf SOTQN S pw» P Ktiar* W Gtrmany, Antra Artaorp Franee MU R U/4 13/4 J/5 4/5) 2/5 (U/S) M/ 4 jj/i ivs ww 14/s a/4 i/s a/s a/s m/s w a/5 H/5 a/S 17/5 24/5 14/5
      897 words
    • 671 17 Scan Dutch y j WEEKLY EXPRESS CONTAINER SERVICE TO MEP/UK/NC/SCAN ru*| fate F«MI i nSu at I (MM 11/4 M B. KMC* MHH 21/4 araax 1/5 •.•nut u/s a. met 17/5 IHU M/l a. ram n/a li/4 J»/4 HIST a/4 a/4 ii/i 4/4 l»/5 U/i 27/s a/J 17/5 14/4 on
      671 words
    • 555 17 r »gc f J' I f I; V; I !»V i if' W I' n n r BOUSTEAD SHIPPING AGENCIES THE BANK LINE LTD. LOADS FOR E. t S. AFRICA (Rtwmwv Durban. Clown, ft Eta. E London) Spurt In Port 12/14 Iter S pore IS/191 U.S. GULF COAST SERVICE (New
      555 words

  • Page 18 Advertisements
    • 700 18 K LINE KAWASAKI KISEN KAISHA. LTD. EXPtESS CONTAINER SERVICES'[ TO NORTH AMERICA FtBEAKSSELS* N 9 Cfeor tat m 19/4 13/4 I Irate 1« 14/4 17/4 Ml Mm i tola 21/4 1/5 Mklta rto asms n u M 1/9 11/9 •Mp 7/5 •M% 3|/4 Mm V 5 15/5 it 9*4(0 7/9
      700 words
    • 522 18 'Hit 0 CAUFORNU/PACffIC NORTH WIST SERVICE EXPRESS COOTJUNER/REEFER SERVICE lm*« tar in man m rukwco, wnu. tacomk. mmcomo. lc. imp** fa/Fa cmmnh !uX i< X 14 tat IS tat AUSTRALIA EXPRESS COOAMER SERVICE AsapM* FO/FCI Cafctan PUm Sport ftw m M* Sj4 "MIMAS" (Cta BM.) U Apr IS 41% 29
      522 words
    • 572 18 (.roup SINGAPORE SHIPPING AGENCIES PTE. LTD FlOO» OCUN BuitO'NG SINGAPORE I B r* 'Jf 0 1 I J LINES) GEN{. R A i *****1 (14 LINES) telex as as a g C««SHip>ctaq cargoship m in Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK WT mCOM) IBI7N S/14 to ITSISN 11/17 tm
      572 words
    • 624 18 GRANARD LIME INDEPENDENT ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO FCL ONLY FOR; PORT SAID, ALEXANDRIA. BEIRUT. LATTAKIA. UMASSOL ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge MM K« TOM V 3M 'sil, MY MM TAT V. 3M 3M MM SMC V.4OW 1M *CaMg Part
      624 words
    • 533 18 INTRASEA (PTE) LTD F at>e< House 234F Orchard Boad Smqapore 9 Telephone *****H *****57 W€bMtABMA'MLM3m REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE KOIOGMM7S. NOBASM M 79„. NORASM M 77.... S>« P. Umi Pwi| Laadhm tar —11 Apr 15 Apr ROTTEHMM/ ->«*»«• KSciSS (ME) LTD 2352(11 BOOUNC r MWW A TRADM6
      533 words

  • Page 19 Advertisements
    • 674 19 NEPTUNE 0«6 NT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): MERCATOR+... C. ROZE K. jacewon..... HKCONTMNER. 0. CHEF S.S. BRDGE N. CORAL 3/5 10/5 14/5 19/5 26/5 31/5 7/6 A'werp 6/5 12/5 17/5 22/5 28/5 3/6 9/6 STRAITS/AUSTRALIA RO-RO CONTAINER SERVICE TO AND FROM AUSTRALIA: JAKARTA.
      674 words
    • 245 19 NOTICES r TOKO LINE M.V. "KIN A BALI' LIMA" V-l uri m nth Muck, 1M at Jvm| M N*. t M.V. "CAVA TIG A" V 4 »rrd m aa Nud, 1M al Jvni Part Na. 1 Consignees o( all damaged cargoes ex the above captioned vessel are notified that the
      245 words
    • 56 19 DONG SUE LINE M.V. DONG BEE VOY 2/80 arrived 1.4.80 AT PSA Godown 35/36 General survey on damaged cargo discharged ex ,the above vessel will be held on Thursday 10th April 1880 as from 9.00 a.m. to 12.00 noon. No further survey will be held after this date. Agents: WORLD-WIDE
      56 words

  • Page 20 Advertisements
    • 458 20 EGYPTIAN IMTFC M A I I IMP Fll i INTERNATIONAL LINE EIL EGYPTIAN FLAG GfNfß*! AGfNTS t N SKIPPING PTf lID Tfl ??044!1 SINGAPOSF GGO Bk?s 2? 3? 343 111 RVIOI; sue AGfNTS HSH M SON BMC' UL *****3 4860?: KI *****6 tPK) I!* ***** ***** PfNUNG: ifmtgbdtsh Shipping Agency
      458 words
    • 330 20 n OCEAN LINES REGULAR NOW CONFERENCE SERVICES MEMTOBMICMI SEA SERVICE OCEAN MX 1111 Sporty PMm| Pew Part Pfram/Mnri/latUtii SST LINES IINDIA) SEWICE FROM MDONESM/SMGAPORE TO SETE, SALERNO I TRfSTE ■NNW ETA ETO MV. Mm SOMAN V.IM Apr 25 Apr (W 19C9 OWT *****) CONTINENTAL FAR EAST LINES AN! Wf RP
      330 words
  • Page 20 Miscellaneous
    • 176 20 Regional Weather 1 X s I 14 04 h°st\ xj a •V 1 *7 L V N 1 k e i j v 1 •X *N[ EG tl J t SU < M S5 VOW rSIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING. °c /A Wind direction with
      176 words