The Business Times, 9 April 1980

Microfilm: NL10553
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C4P) N* 111/1/8« WEDNESDAY, APRIL I,IIM 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon LNG supply suspended
      106 1 AP NEW YORK, Toes. Algeria hat suspended shipments of liquefied natural gas to its largest US customer amid a dispute over prices, while Kuwait has cut its sales at crude oil to Gulf CHI Corp by 0 per cent. TV actions were unrelated, but each reflected growing
      AP  -  106 words
    • Article
      Lock icon Soviet attacks
      58 1 UPI ISLAMABAD, Tues. Heavy Soviet air attacks which inchadsd gas bombs, have killed several men, women ana children near the Afghan-pakis-tan border, an Afghan refugee said The refugee ako said rebels fighting Soviet troops occupying their homeland are not receiving any foreign isrtrtsnce and have to rely on
      UPI  -  58 words
    • Article
      Lock icon Conserving electricity
      55 1 Reuter BANGKOK, Tlaes. The Thai government today ordered maior electricity conservation measures including the curfeiling of evening television programmes and compulsory peak-hour factory stoppages. ftelneasures were announced after a Cabinet meeting chaired by Prime Minister Prem Unsulanonda approved conservation proposals to avoid possible selective power blackouts in different
      Reuter  -  55 words
    • Article
      Lock icon Project Bullfrog
      71 1 AFP MANILA, Tues. Philippine President Ferdinand Marcos today launched a nationwide prof** to »fee bullfrogs commercially for export Europe and Japan where their meat is in great demand. An official government statement said the President presided over the ceremonies «nd dispersal project in Paoay Lake in his Bocos
      AFP  -  71 words
    • Article
      Lock icon UN observers request
      58 1 AFP KUALA LUMPUR, Tims. Aaeaa is «expected to wilento its request for the stationing of UN oKmisii along the Thai-Kampuchenn border to .A new no lie 111 to the tfrf "hrrrrtrirr Pniwl Dr &rt ie likely to ho node after the yjf through the the Aseon countries
      AFP  -  58 words
    • Article
      Lock icon Wooing investors
      35 1 AP XIAMEN, Tues. The mayor of Xiamen, just across the straits from Taiwan, said Monday he is anxious to cooperate with foreign investors and wffl establish special processing zones for foreign firms. AP
      AP  -  35 words
    • Article
      Lock icon Dow Jones
      66 1 AP NEW YORK, Tues. Stock prices moved lower in early trading, continuing yesteday's slide. Heightened US recession fears and the worsening situation in Iran were blamed for the drop. The Dow Jones average of 30 industrial stocks fell 5.29 to 763.06 in the first 30 minutes. More than
      AP  -  66 words
  • Article
    Chief Price Changes
    141 1 UMi TaztlU 191 -IS 11 lukiM W -15 Mow Corf m -tt Iwim m -is N«(n HM«a US -IS PAN -10 Hick lUt MB -10 M CMMM p -10 A iMimhii M -10 Mate Rica SO -10 M CIMM MO •0 L 410 ■4 out Pia< 483
    141 words
  • Article, Illustration
    KUALA LUMPUR
    90 1 [7 Indices B.T. Index: Industrials: Hotels: Properties: Tins: fruiters: Apr 7 Apr 8 •foil 1702.83 532.55 526.41 718J8 723.97 387.40 327.23 347.43 344.53 273.82 273.21 *2.07 971.42 Most Active SS» 281,000 S Darby 110,000 G Lumber 105,000 Total turnover: 2.42m Total value: M|8 OTm INVESTOR wttut irrafcfiil ta
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  • Article, Illustration
    Singapore ships getting younger
    535 1  -  EFFORTS PAYING DIVIDEND By LINDA TAN THE NUMBER of ships registereo in Singapore continues to decline but the Marine effort to ity of ship* Republic's colours is paying off. Singapore ■hipowuas are registering younger ships as a remit of the department's move to tighten its rules
    535 words
  • Article
    US dollar declines
    190 1 THE fareigß rrrhsiyt and told merkets took an natter's severance of diplomatic relation* with Iran. The American dollar, which has been appreciating sharply in the last few days, fell sharply from its record opening levels against other major currencies and the Stagapore dollar. Against the looel currency,
    190 words
  • Article
    NMB buys over Koyo Singapore
    398 1  -  •r HSUNG BEE HWA NIPPON Miniature Bearing (NMB), a leading Japanese maisifacfinei of prsclslou micro has <aßfta>si that it Is buying oven Koyo Singapore tsdMtrftas. This cemes barely a month after the inauguration of its ventur» with SSIH of Switxerlaad to produce precision vatdxascs In
    398 words
  • Article
    Lock icon Raper must make full bid
    297 1 FT THE London Thkeower Panel has ruled that Mr Jim Raper, former chairman of St Piran, the troubled tin mining and property group, and three overseas companies Gasco Investments of Hongkong, Ruffec of Luxembourg and Asroiiuas Cordoba of Panama must make a full bid for
    FT  -  297 words
  • Article
    POSB to install ATMs at three shopping centres
    72 1 UMehlnM*TT*flstaetad sapermarluits nnd do* These''with POSB aenttaraw, with their Is OMOO a day. aMk^rdal Setadeente'lpßL ta ftaal staeaS Sa£ Cold Storage Orchard Bead aad at Metro Oread aa weß as the MMnmUn need to ta heT^Mthnu'l'ilus ta^ sSwsS aee itataßed to le
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  • Article
    Government reviewing shipbuilding loan scheme
    428 1  -  1 CHOO AI LENG THE lflaistry of Finance has begun a review of its Ship Financing Scheme and observer* say the ministry may be rntaihi tag some modtflrsttons to the present guidelines used by banks in pi ohm tag loan spplicstions by One major ronshlw
    428 words
  • Page 1 Advertisements
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      7 1 Corporation NrMt)M(l CnHnary (Oriental M»4Enr« V Mii)-
      7 words
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      132 1 ASIA RESEARCH BULLETIN 5f This unique publication offers businessman each month comprehensive guide to the latest development! taking piece in an important sectors of the economies of countries in East and Southeest Asia. The Bulletin is divided into six separate reports of about 8,000 words each. There is a dual
      132 words
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      Page 1 Advertisements Column 3
      53 1 rasa: SHIPPING TIMES FUJKUKA btlidiag film plait JAPANESE tpli the biggest 1* Singapore 2 ifhhTii Ifinri THEjITOEE pi—ten ef but- PEBLIS Plaatatiew expect* GROWING preteetlealsm MITSUBISHI'iBaiak effort aew agalast Earepeaa ears expected 7 type tf FBCD 12 AIRCRAPT I, TV AND RADIO I, CROSSWORD i, WHERE TO WINE DINE 8
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      Page 1 Advertisements Column 4
      120 1 TheMMOUAEP3K> \/]&-@~%!>]={:,/]?^,'~}[]~/=}:~ m *<k. DTI2OO DTIBOOR Proof: PiroH 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 class. Ricoh places more copiers than any company in the world. A success
      120 words
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  • TRADE AND INDUSTRY
    • Article
      Fujikura builds $10m factory
      562 2  -  By RONNIE LIM JAPAN'S fourth largest manufacturer of electric wires and cables, Fujikura Cable Works, is a HO million plant in Singapore to produce components needed by the electronics and electrical industry. Fujikura is the latest company to Join several Japanese cable manufacturers which have set
      562 words
    • Article
      Courses for petroleum engineers
      115 2 SINGAPORE will be one of two venues for courses on the measurement of crude oil and gas production organised by SGS-Redwood, which specialises in quality, quantity and safety inspection. Apart from an earlier (June 3 to 8) course to be held in Aberdeen, SGS-Red-wood will hold
      115 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      398 2 MR Dario Regasoni, general manager of the Peninsular Group's Marco Polo Hotel, Singapore, has announced the following promotions and key executive appointments: With effect from this 37, sswmes the position of resident manager. A graduate of the Hotel Management in Heidelberg, Germany, Mr Thnmel was with the
      398 words
    • Article
      Plans for four new hangars at Seletar
      280 2  -  By WANG LOOK KEAH THE Government plans to build four more hangars at Seletar airport to meet the expansion needs of aerospace companies. This is believed to be the first phase of a long-term development plan to provide for the infrastructure! needs of
      280 words
    • Article, Illustration
      Rotisseries & refrigerators
      119 2 Rotisseries refrigerators COMMERCIAL chicken rotisseries and refrigerators will be part of the food industry equipment to be displayed by Australian manufacturers at the coming Food Asia 80 Exhibition to be held at the Hyatt Hotel on April 15-18. Semak Electrics, for instance, markets a range of stainless steel rotisseries which
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  • Page 2 Advertisements
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      354 2 Ur -idt U MANAGEMENT DEVELOPMENT SEMINARS MARKETING AND SALES MANAGEMENT SEMINAR 1 SEMINAR II Marketing Strategy and Profitability Effective Sales Management Singapore: 5 6 May 1980 Singapore: 8-9 May 1980 Kuala Lumpur: 12 13 May 198G Kuala Lumpur: IS 16 May 1980 Tbpici: Strategy and the Marketing Topics: Sales Planning
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      284 3 The one and only Home Video you've got to get. It's revolutionary. It's the first of its kind anywhere. A whole new dimension in video viewing. An innovation that is truly remarkable. And only Sony has it. SL-C7. A new generation videorecorder with so many new features added to it
      284 words
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  • RAW MATERIALS
    • Article
      Smallholders face barrier against aid
      445 4 A LARGE number of Malaysian rubber smallholders will continue to be ineligible for aid through the Rubber Industry Smallholders Development Authority (Risda) and other similar agencies unless steps are taken to overcome legal constraints. According to a recently released Risda briefing paper, the smallholders concerned
      445 words
    • Article
      WHEAT
      237 4 CHICAGO Board of Trade wheat futures closed US 3V« to 114 cents per bushel lower OB Monday. The average trade quessthnates on the amount of wheat repurchased by the CCC last week, which was to be announced yesterday, ranged from 40 to 45 million bushels. Confusion on bow the
      237 words
    • Article
      RUBBER
      280 4 THE SINGAPORE market yesterday closed slightly higher with April One RSS buyers quoted at 321.00 cents per kilo, up two cents from last Thursday's close, dealers said. Morning prices were marked up slightly on upcountry buying and shortcovering interest before some profit-taking emerged to pare the gains, they said.
      280 words
    • Article
      RAS PRICES
      304 4 R.A.S. prices In centi per kilo yesterday: Mam Buywi Int. 1 R.S.S. prompt f.o.b. 319.00 Int. 1 R.S.S. AprU 322.00 Int. 1 R.S.S. May 33&.00 Int. 3 R.S.S. 307.M UK/Coot jffM Int. 3 R.S.S. 3M.00 UK/Coot 303.00 Int. 4 R.S.S. m00 UK/coot 297.00 Int. 5 R.S.S. 298.03 UK/Coot
      304 words
    • Article
      SSR and SMR
      106 4 NOON SS* aad SMR pna. ym tarday: RA8 April (Carraat 1 Bajrara 8*1 293 00 290.00 April 388.00 3(3.00 327JO UNO 294 SO «lk) (farwari Mtk) S8R20 SSRSO MB1LB SMRCV SMR I. SMR 6 SMRCP SMR 10 (1-taa pallat) (1-ton pallat) (1-ton paUat) (l-ton pallat) (l ion
      106 words
    • Article
      Straits Tin
      73 4 THE stmt* tia priM la Peaaagyesterday firmjdjSfe» per pteal Is IMS*, to staad $175 aheve the lateraattoaal Tia l|WB—t eeittag, dealers said. There was aa larrcas ed eeatrlhattsa sf tia ere bat the aiarket firmed sa straager baylag demaad (rem the traders.*"* AhMd^Lsaldea' tlea later yesterday •fter the
      73 words
    • Article
      CLOSING PRICES
      38 4 Rubber; April 8 Singapore: April: 321.00 cents (up 2.00 cents) Malaysia: April: 323.50 cents (np 0,00 cents) Tin: Ms2^2o (up $20) (equivalent to $38.36 per kilo) (up 33 cents) Official offering: 134 tonnes (up 49V4 tonnes)
      38 words
    • Article
      PALM OIL
      92 4 VALUES in Kuala Lumpur yesterday remained unchanged with sellers sidelined in expectation that the Indian State Trading Corporation's tender for refined bleached deodorised palm oil and olein might push prices higher, dealers said. However, buyers were cautious owing to the break off in diplomatic relations with Iran by
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    • Article
      RICE
      334 4 SINGAPORE: Yesterday's closing prices in S* per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.05, 100 per cent second class 0.90, 100 per cent third class 0.88, 25 per cent new crop no stock, B-10 per cent 0.80. THAI BROKEN: A-super 0.68. Special no
      334 words
    • Article
      SOYBEAN
      219 4 CHICAGO Board of Trade soybean futures closed mixed on Monday, up one cent per bushel to 2 V» cents lower in quiet trade. Lower than expected country movement over the three-day weekend led to a firmer opening, cash grain traders said. A general feeling on the floor that interest
      219 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Oattaa yarn: China Blue Phoenix 30s 2,275; 32s 2,770, 42a 3,000 (per bale of 400 lbs). Pleee (m4s: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      LONDON MARKETS
      857 4 COFFEE: Futures closed the morning barely steady down from the sessions highs but still with gains of £21 to £26 per tonne from last Thursday's close. Turnover was 1763 lots including 15 options. Dealers said following the opening call there was little follow-through buying interest and, in quiet
      857 words
    • Article
      Lock icon Hunt brothers sued
      99 4 Reuter A MANHATTAN jewellery manufacturer brought a action suit in US district court in New York, charging that the Hunt brothers plotted to artificially raise the price of silver. The suit was brought by Wander and Co Inc against Nelson Bunker Hunt and W Herbert Hunt and
      Reuter  -  99 words
    • Article
      Produce exchange
      116 4 CHINESE PrHiee Exchange, Aagapsre, dMteg prices per pteal teriay: Cui—l «0: Bulk |99 sellera, old drum $105 sellers, new drum $109 sellers. Cspra: Mixed (loose) UK/ Coat $56.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $320.00 sellers, Sarawak white fob 96% NLW $305.00 sellers, Sarawak special black
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  • ASIAN STOCKS
    • Article
      Lock icon Cautious mood
      678 4 TOKYO Source: DBS-Daiwa THE MARKET weakened yesterday, reflecting investor caution over the sharp rise posted during the past five-days. Energy-related and atomic power-related issues, which had risen over the last five days, lost ground on profit-taking. Blue-chip issues also fell. Some automobile-related stocks advanced sharply. Some speculative issues
      Source: DBS-Daiwa  -  678 words
    • Article
      Sydney
      428 4 SPECULATION that Increasing tension over the US hostage crisis would see a renewal of support for commodity prices helped push up share values on the Sydney Stock Exchange yesterday after one of the quietest openings of the year, brokers said. But they said most gains were made on light
      428 words
    • Article
      Manila
      131 4 THE market closed mixed yesterday with commercials, industrials and minings rising while oils were easier, dealers said. Turnover declined to 2.4 million pesos from Monday's 11.4 million. APR 08 Pesos Aroje Mining oos unci) Alias Coo. A Allan Con B 34.00 IS Buguio Gold 0066 unch Brngurt Con B
      131 words
    • Article
      Selected indices
      52 4 FINANCIAL TIMES INDUSTRIALS Monday...., closed Friday closed Week Ago 427.0 DOW J ONES AVERAGE INDUSTRIALS Monday 788.34 Friday closed Week Ago 785.75 H K.HANG 8ENG Tuesday 773JH Monday closed Week Ago 784J6 SYDNEY INDUSTRIALS Tuesday una* Monday closed Week Ago S83J8 ALL ORDINARIES Tuesday 787.81 Monday closed Week
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      Lock icon Hongkong
      322 4 Source: SHK Sec PRICES were depressed yesterday owing to several factors the low level of local interest for shares, the Iranian situation, the fall of Wall Street and rumours of a rights issue from either Hongkong Land or Hutchison this week. Sentiment was at low ebb and some overseas
      Source: SHK Sec  -  322 words
  • Page 4 Advertisements
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      129 4 When your resources are stretched to the limit. 'y Mht l» S'i W a H > yy> y M If J* v! You need an air freight company that treats your business as seriously as you do. Having money tied up in inventory that doesn't MOVE is, perhaps, one of
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  • OVERSEAS
    • Article
      DAILY AIRCRAFT MOVEMENTS
      783 5 ARRIVALS Service Local Operator Nuber Tine From PAA PA005 0025 NYC/SPO/HKG MAS MH682 0710 KCH TMA TL375 0715 BEY/BOM/KUL MAS MH621 0635 PEN MAS MH607 0815 KUL SIA SQ101 0815 KUL RBA Bid 0930 BWN MAS MH671 0930 PEN/KUL SIA SQZU 1000 HLP GIA GA980 1030 HLP
      783 words
    • Article
      Lock icon America-Iran trade ties almost non-existent
      412 5 AFP TRADE relations between the United States and Iran, formally suspended on Monday by President Jimmy Carter, had already (alien to an almost non-existent level. The decisions on principle of some US firms to stop doing business with Iran followed the hostage-taking at the US
      AFP  -  412 words
    • Article
      Lock icon Exim Bank loan under scrutiny
      236 5 AFP THE American Senate Banking Committee is investigating the terms under which the US Export-Import Bank lent an Australian company Us29o million at low interest to buy nine Boeing planes. The company belongs to the Australian businessman Rupert Murdoch, who is also the owner of
      AFP  -  236 words
    • Article, Illustration
      Lock icon Proxmire favours a strong SEC
      141 5 Reuter SENATOR William Proxmire (above), chairman of the Senate Banking Committee, is considering a bill that would authorise the Securities and Exchange Commission to regulate futures trading in financial instruments or in commodities with mooetary characteristics, such as gold or silver. The senator is also
      Reuter  -  141 words
    • Article
      Lock icon CFTC wants strict foreign trader rule
      117 5 Reuter A US Commodity Futures Trading Commission (CFTC) staff report proposed that futures commission merchants be required to liquidate the open contracts in the accounts of any foreign broker or trader clients if the merchants cannot provide the CFTC with information it requests about
      Reuter  -  117 words
    • Article
      Lock icon Manila expects to sustain growth in 1980
      232 5 Reuter THE Philippine -central bank has expressed guarded optimism about the country's economic growth in 1980, predicting improvements in balance of payments and inflation. The bank's annual report released yesterday said a much lower balance of payments deficit is anticipated for this year
      Reuter  -  232 words
    • Article
      Lock icon Nissan's plan for US plant pleases UAW
      248 5 AFP THE president of the United Auto Workers (UAW), Mr Douglas Fraser, said on Monday he is "gratified" to learn about Japanese press reports last weekend saying that the Nissan car company is going to build a truck plant in the United States.
      AFP  -  248 words
    • Article
      Lock icon Producers may align natural gas prices
      418 5 Reuter THE prices of liquefied natural gas should be higher than those of oil and LNG exporting countries which are members at Opec may align their LNG prices. But the managing director of Qatar General Petroleum, Ali Mohammed Jaidah, rules out a separate Opec-like
      Reuter  -  418 words
    • WORLD IN BRIEF
      • Article
        Lock icon JAPAN TO PARTICIPATE
        423 5 Agencies JAPAN has tentatively decided to join in the move to hold an international conference on Kampuchea, the Jiji press reported, quoting Foreign Ministry sources. Ministry officials were not immediately available to confirm the report, but Jiji said Japan will keep close contacts with the US and
        Agencies  -  423 words
    • Article
      Lock icon Bond sale to strengthen ailing yen
      167 5 AFP THE Bank of Japan will sell part of its government bond holdings to oil-producing countries for petro-dollars in a bid to defend the Japanese yen, a Tokyo daily reported yesterday. The Asahi Shin bun, quoting international monetary sources, said the Japanese central bank
      AFP  -  167 words
    • Article
      Lock icon GROWTH IN JAPAN PREDICTED AT 4.8 pc
      157 5 Reuter JAPAN'S real economic growth will be 4.8 per cent for fiscal 1960 just sSrted, equalling the government's economic forecast but down from about per cent in its official target for fiscal 1979 ended last month, the Japanese National Economic Research Society predicted.
      Reuter  -  157 words
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      104 5 Enjoy higher SAVINGS ACCOUNT interest rate today r u ,-*A TtO A 1 Vi 0 Fixed Deposits: 1 month -9V4%p.a (minimum $10,000) 3 months-9 %p.a 6 months 8%% p.a 9 months 8%% p.a 12 months 8%% p.a MS* ;i ill r*m R*****3 TATUHE R*****1 TLBFX R*****7 TLBBH. Tat Lm BuMne,
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      0 5 ,<&+>-+?](@=|,/!.`~="$>${:$,?)%
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      109 5 Leader... Page I A V- Ti K /> t .»r* •p. '4 3" s v,.- J /71 Tsingtao bter has won the Ist Golden Award again in China in 1979. Little wonder then that in China Tsingtao is served to visiting dignitaries at VIP functions. Tsingtao is the only beer
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  • Article
    Oil users must make a stand
    486 6 THE ARMLOCK that the oil-producing countries have had on the world's non-communist countries appears to be weakening at last. It might be effectively broken if the big British oil companies, Shell and British Petroleum, follow the splendid example of the Japanese oil refiners in
    486 words
  • Article
    Sailing nowhere?
    160 6 THE RATE at which Government funds is being expended in favour of rig builders and owners is turning the ship financing scheme into a misnomer. Despite the good intentions with which this scheme was conceived, economic considerations and general market forces appear to have driven the original intentions
    160 words
  • Article, Illustration
    Lock icon Equal respect for all three
    1094 6 FORBES, BUSINESS WEEK, FORTUNE NYT THEY are the big three of business magazines. When it comes to competition, they can be as fierce as the three car giants in Detroit whose woes they cover. They have as sharp an eye for profits as the Wall
    NYT  -  1,094 words
  • Article
    Lock icon Bond holders keep fingers crossed
    1076 6  -  By TIM DICKSON FT THE DAY of reckoning (or 15,000 British holders of Southern Rhodesia sterling bonds is possibly Just a few weeks away. Most of them are no doubt well aware by now that the fate of their investment, which has yielded precisely nothing
    FT  -  1,076 words
  • Page 6 Advertisements
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      94 6 Y 00 .MifJic ■mm In this wickedly funny, outrageous tale of lost Kingsley Amis takes a and sceptical look at the uaifttflfringes of psychotherapy, the jargon, its practitioners and m victims, and at where sex, 70f» style, has landed us. A bestseller in hardback, this is as everyone pointed out,
      94 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1082 6 PORTRAITS OF POWER Over Out I I, at Ml Is the Oral efMe af Pmtntih tt ftmr, m 11epiiiit aeries wklek at> l«p<i la aaalyae Ike lapttcatteaa af pewer aad kew tt la iae<, ar okaael, ky A BABE treat tealgkt wkere rare dim feetage la Ike alker alia af
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      113 6 Jl 25 Low Joint (5) 26 She's a bit of a comedienne (4) 28 Drawing of a master at the piano? (3) EASY PUZZLE ACROSS 1 Censure (5) Concerning the ear (5) 9 Means (7) 10 Fashion (S) 11 Demise (5) 12 Heavenly bodies (5) 13 Number (7) 15 Part
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    • Miscellaneous
      Page 6 Miscellaneous Column 3
      239 6 4 Finish (3) 5 Trifling (5) 6 Speech (7) 7 Employs (4) 8 Behaviour (6) 12 Condition (5) 13 Staid (5) 14 Snake poison (5) 15 Fish (5) 16 Anaesthetic (5) 18 Traffic-light cokmr (5) 19 Prevented (7) 21 Treasured (6> 22 Coral islands (6) 23 Uncover 25 Anticipated eagerly
      239 words
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  • Article, Illustration
    Lock icon Trade war in finished cars
    1575 7  -  It is predicted that the early 1980s will see growing protectionism against European cars, reports KENNETH GOODING. KENNETH GOODING FT EUROPE could become a net importer of cars as early as 1983. This is Just one of several disturbing trends within the motor industry identified
    FT; SOURCE: National Trade Association and Government Departments  -  1,575 words
  • Article
    Lock icon Carter backing the wrong horse
    837 7  -  FOBUHJ with TOM WICKER NYT PRESIDENT Carter's failure in the hostage crisis unlikely to be redeemed by the sanctions just announced is that for too long he staked his hopes and his policy on accommodation with Iranian leaders at uncertain authority, in a situation of
    NYT  -  837 words
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      105 7 ■!W k. BUI H| n ana ino i»j I' :< J :'iV :< An international Congress to examine the technological opportunities available to financial institutions in the 1960s Juna 2-4,1980 Mandarin Hotel. SinoaDore Experts from 9 different countries will present 15 specialised papers at the Congress. Among the experts is:
      105 words
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      Page 7 Advertisements Column 2
      180 7 The best investment on wheels Every Mercedes-Benz owner knows his investment values To know where to invest, how to invest and when to invest, is the ability of a successful man. And more successful men travel in Mercedes-Benz than any other car, worldwide. If you are holding blue chips, you
      180 words
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  • INTERNATIONAL STOCKS
    • Article
      Sharply lower
      1331 8 NEW YORK RISING international tensions and worry that the US economy may be due for a hard fall pushed New York stock prices sharply lower in slow trading. 11» Dow Jones industrial average lost If points and declines paced advances nearly four to one as turnover rose to
      1,331 words
    • Article
      TORONTO
      177 8 APR 07 CI AbiUbi lis -K Air an 30' Algoma 32 1 1 Bank Monl 22'. Bank Nova Scotia 23 Bell Tel 17 unch Beth Corp BP Can Ltd 42'. -Si Braaran 25*. unch Camp Red Lake 34' 'i Can Imp Bk 23 ji Canpar 36'. Canpac In* Pf
      177 words
    • Article
      Lock icon W'HOUSE SPENDING
      75 8 Reuter WESTINGHOUBE Electric Carp plans capital spending UBs2 MMoa aver the next five years. It said la Its im aanaal report capital oatlay laat yew rose to $H7i million (rem $238 milllM In IV7B. It also spent INK nrflUM •a —i aid ieveton Mat last year In projects
      Reuter  -  75 words
    • Article
      Lock icon Chemical accord
      148 8 Reuter MONTEDISON SPA has signed a long-term framework agreement with the Soviet Union covering the future construction of seven chemical plants in the USSR for US$BOO million. The agreement, for which negotiations started last March, follows the completion of an earlier framework accord signed in 1973, for construction
      Reuter  -  148 words
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      251 8 Where to wine, dine and entertain Trade Ce you musn; inkttlfcLipv 2^S/|U3[ Delectable local dishes and Western lunches set in daintily stylish Scandinavian decor. Popular SELF-SERVICE lunch daily. From 10.30 am to 3.00pm and snacks from 3.00pm spm You ve got to try it to believe! Fabulous harbour view k
      251 words
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      Page 8 Advertisements Column 2
      154 8 {]\'_]),%,,(>!:{>%{(!*];]&%(>>* •V V I sn /< i 4* <• w V .tr mJ wkml For banquets. For conventions. For other functions of (lawless finesse. iunctu >tis f< >r up t< > JS(> quests Inwrnatu >na! menus to ('hot jm 1 fr< >m >rnp!t'tc nirujt' < >t audit > risuu!»\]u:pnh'nt Amp!t'
      154 words
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      Page 8 Advertisements Column 3
      110 8 i xM /.yrr m >>c I *7k Hainanese Steamboat Take the tastiest morsels of squid, beef, chicken,prawn, pork, vegetables Steam them to perfection you 're the Chef Dip them into your favourite spicy sauce and Enjoy the most delicious feast of natural flavours there is Hainanese Steamboat Every evening fromfe
      110 words
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      Page 8 Advertisements Column 4
      199 8 Take a sloiaboat to noiahere Better than a cruise That s Hin s exclusive Golden Steamboat All the prerequisite ingredients are here Take your pick Take your time Take this steamboat going nowhere. And sail along with your choice of typically Cantonese favourites Plus Our very own Flavours of Singapore
      199 words
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      Page 8 Advertisements Column 5
      213 8 1 1 1 Within the ai vaify/ Orchard Road Hotels .*<M3 s« 111*1 'Prompt Luncheons •Gourmet Dinners •Functions •Home Catering •Buffet Party from $10.00 per person onwards Daily: 11.30 am to 2.30 pm 6.30 pm to 11.00 pm Happy Hours: 2.30 pm to 6.30 pm Drinks Snacks yi "L rjav^cTL
      213 words
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  • BANKING AND FINANCE
    • Article
      New publication on trade and credit in Asia
      195 9 THE process of developing trade with countries In Asia and the Pacific can be filled with numerous problems, pitfalls and frustrations. Factors ranging from shipa collections, trade regum, credit terms, and exchange restrictions all play contributing roles. Designed to meet this acute
      195 words
    • Article
      Lock icon Iranians to establish provincial banks
      151 9 Reuter IRANIAN President Abolhssssn Bani-Sadr has order ed the establishment of provincial banks and said all the country's banks must invest directly in projects which will boost production. According to a presidential decree published by the official Pars News Agency, provincial governors-general are required to
      Reuter  -  151 words
    • Article
      Lock icon UAE interest rates
      126 9 UPI INTEREST rate* on deposits la United Arab Emirates (UAE) hanks have not chanced, but interest rates on loans in local markets have increased up to 15 per cent Reporting this, the Emirates news agency WAM quoted an official source at the UAE Currency Board as saying
      UPI  -  126 words
    • Article
      Problem of the enviable kind for Indonesia
      703 9 INDONESIAN authorities are currently faced with ar enviable problem: how to allocate the huge increases in the domestic economy's real income stemming from surging foreign-exchange earnings. Foreign-exchange reserves (excluding gold) are estimated at at least US$5 billion aa of March 31, the end
      703 words
    • Article
      TALK ON GOLD TRADING
      23 9 These MeraOsi eaa osnftaet the DAS sserstariat heiwe Friday, Apf M. AIB tea ha Mgj m OAS -Ti in
      23 words
    • MONEY AND EXCHANGE$
      • Article
        London
        313 9 THE U.S. dollar yesterday made early gains on Far Eastern levels ip active and very nervous trading here after President Carter's decision to break off diplomatic relations with Iran, dealers said. The dollar rose to a high of 1.8755/65 marks from an opening 1.9100/10 and compared with a late
        313 words
      • Article
        GOLD
        368 9 GOLD futures in Singapore yesterday closed sharply higher compared with last Thursday's closing levels in generally thin trading, dealers said. Trading was suspended for one hour yesterday morning as prices opened limit-up across the board following the metal's sharp rise in New York om Monday night on news the
        368 words
      • Article
        Singapore market
        513 9 THE U.S. dollar fell darpty yesterday after opening at record levels against the other major currencies and the Singapore dollar. Trading waa generally active, with most of Oie currencies moving in a fairly erratic manner, with the exception of the Britiah pound which kept steady most of the
        513 words
      • Article
        HONGKONG
        67 9 THE U.S. dollar yesterday weakened from earlier levels on profit-taking and the emergence of European selling in a thin, active market, dealers said. 5 0850 0600 last Thursday HONGKONG tunkncXM US 5.08/5.0« UK 1070/10» Burros 1 -30 -1-50 India 5.50/5.70 Indwsda 0.73/(1 K! Japan 1J6/IJI Korea 0€S/0.75 PhilinplM 0
        67 words
      • Article
        PLR
        22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.6 per cent.
        22 words
      • Article
        ASIAN $ RATES
        166 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on April USD*m|flp<) 7days 18 H 1*H 1 month 191/1S 1815/16 2 months 1*7/16 166/16 3 months l*v» 19H 6 months 19M 19H months 1719/1* 171V1* 12 months 17* 17H 6flA Da*. (MUiU 1 month 3 months 6 months 12
        166 words
      • Article
        Discount
        7 9 1 1 Source: National Discount Co
        7 words
      • Article
        Tokyo
        67 9 THE U.S. dollar for overnight delivery yesterday closed at 260.70 yen, sharply down from a 263.50 opening but slightly up from 260.50 at Monday's close, after modest central bank yensupport intervention, dealers said. Trading was fairly active with volume of USSB33 million. The Bank of Japan sold between 3100
        67 words
    • Article
      Lock icon Tokyo postal savings rates up
      119 9 Reuter THE JAPANESE government will raise postal saving rate* by between 0.48 and one per cent from Monday, following an increase to nine per cent In the Bank of Japan's official discount rate, the Posts and Telecommunications Ministry said. The new rates will be 7JO
      Reuter  -  119 words
    • Article
      Last day of AIU seminar
      79 9 THE American International Underwriters' (AIU) second annual regional seminar for its South-east Aslsn propei ty division enters its last day today. Held at the Hilton Hotel, it Is being participated by some 30 members of ARTs property managers in Southeast Asia and Japan. Senior speakers
      79 words
    • Article
      Lock icon KL's M$1b loan issue
      53 9 Reuter THE Malaysian government aid it is a Mil billion loan issue go the domestic capital market. It said the loan win comprise $150 million 6JO per cent four-year stock, 3250 million seven per cent 10year stock and (000 million eight per cent 20-year stock. Subscriptions
      Reuter  -  53 words
    • Article
      Japanese again the biggest offshore lenders
      881 9 JAPANESE banks were again the most aggressive lenders to last year's offshore market. Although their prowess may have been somewhat sapped to the fourth quarter by the Japanese authorities' ruling against offshore dollar and yen tendings, latest statistics show that they have again achieved
      881 words
    • Article
      Prices in debt markets bounce up sharply
      477 9 PRICES In the US debt markets have bounced 19 riuupty as a result of renewed optimism that the economy is finally about to enter Into the mucb-talked-about recession. The optimism stems mainly from the effect of the unprecedented high level of interest rates
      477 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      93 9 and the I ill i>S 4 An international Congress to examine the technological opportunities available to financial institutions in the 1960s June 2-4,1960 Mandarin Hotel, Singapore Experts from 9 different countries will present 15 specialised papers at the Congress. Among the experts is: Mr. Lara von Bahr Privatbanken A.S. Copenhagen.
      93 words
    • Advertisement
      Page 9 Advertisements Column 2
      234 9 (INCORPORATED fSI 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 1980, a public issue at par of $90
      234 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1308 10 BID sad ofler prices officially Usttd and btisinei in and repsMsd to the Stock Exchange of Singapore yesterday with the number at shares traded sho*n in brackets in lots of I.OfD units, iilsai otherwise --«a. n sp^cineo J SECTION ONI a INDUSTRIAL
    1,308 words
  • Article
    Unit trusts
    119 10 MWOATOyg unit mw WCOMK aowp U1CTT XsSSTTw iSiiS ■~~bS™" h T 1j u, ISSSS'JSS' IS ts -T'TTT S pore IbvmI Fad L<2 1.51 S pore Equity Fund 1.04 1.10 FVtt Bputra t» 4J1 Second Bputra IM 144 luturnor yTt VUl Invest FuncT lit Mai Prog Fund IJB Mai
    119 words
  • Article
    SHARE INFORMATION SERVICE
    2628 10 197 9/1 MO High Low Company Lmmt Sal* orGrt Dlv Div Crr Gr*s Yld Net P/E Vol Day COOO) Hick Lew 8ECTION ONE V INDUSTRIAL ft COMMERCIAL 370 223 149 163 334 80 290 483 220 340 245 230 118 140 no to 275 338 187 Aetna
    2,628 words
  • Article
    In Kuala Lumpur
    1400 10 BID and offer prices amrtaifr listed and business in and reported to the Bbli ijmipff Stock Excbanfe yesterday with the number af shares traded shown in brackets In lots of 1,000 units, unless otherwise specified. nnomuu Am* (UK) A»MSHto(3JB) (2)3.14 Aim (10« 1MB) (1) 110 (i) 1«
    1,400 words
  • Article
    Sin Heng Chan sale
    56 10 SIN HENG Chan (Malaya) Bhd has sold three pieces of land, together with buildings erected thereon, at Permatang Puah Road, Butterworth. The sale was made to Messrs Teo Boon Tai <« Tay Boon Tai, Yeoh Geik Chen, Chuah Teong Tooi, Tay Hek Yee and Tay Kim
    56 words
  • Article
    S'wang Yard subsidiary
    56 10 MAJOR ship repairer Sembawang Shipyard, in conjunction with its American agent, Midland Marine Corporation, has formed a subsidiary in the UK. The subsidiary will act as its marketing agent in the UK. Shiprepair Sales Ltd has an authorised share capital of up to £100. Sembawang Shipyard owns
    56 words
  • Article, Illustration
    Prices lower across a broad front
    358 10 AS investors r.atteaU to «•ptay MM sf Mmst at tke Hlagapsn look market STtelk*pET a!fb!£ law, apart (mTmiM leaders Haw Far aad BLme Darky. Tkc easier tnai yesterday waa attrlbatcd ta stetekall ttfaidattaa aa «rail aa tke skarp fall hi share prteca oa tke
    358 words
  • Article
    Prices in KL lose more ground
    565 10 PERSISTENT light selling caused prices to lose further ground on the Kuala Lumpur stock market yestei^iay. But there was no volume to indicate a really bearish trend. Traders generally kept a low profile, leaving the floor to profit-takers and stale-bull liquidators. World markets, resuming
    565 words
  • LATEST RESULT
    • Article
      UNITED Motor Works (Malaysia)
      71 10 has reported a group pre-tax profit for the year ended Dec 31, 1979, of M 313.25 million, compared with $3.74 million previously. on the back of turnover of $238.96 million (*163.98 million). Its directors have recommended a final dividend of 5 per cent which, together with
      71 words
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  • COMPANY NEWS
    • Article
      MMC to build smelter in Klang
      471 11 MALAYSIA Ifining Corporation Bhd (MMC) to setting up a tin smelting plant at Bokll Rajah, Klang, with a capacity to refine tonnee of tin concentrate* a year. The iunH uc thai of the plant mart* the culmination of the compear 1 three-year —arch far
      471 words
    • Article
      Laurence, Prust praises Supreme management
      710 11 Market Ttik... LONDON-hasad stock Company has rwnmsnilnl the maangement of Supreme Cot pot ation, In spile of die "one or two mistakes" that it has made. Laarence, Prust said In Its latest newsletter that Supremo's maangement haa "demonstrated competence and flexibility in adjusting to now
      710 words
    • Article, Illustration
      Perlis expects good earnings
      577 11 SUGAR-BASED Perils Plantations, which Is now in robber plantations, mining and property as well, is looking confidently to another yenr of good earnings. Chairman Tan Sri Ibrahim bin Ismail has expressed the hope that current earnings to Sep 30, 1980, will be maintained at the level
      577 words
    • Article
      Profit at Gold Coin (M) drops
      326 11 GOLD Coin (Malajrta) Bhd, apparently hit by higher costs, espe» fenced a significant downturn in earnings last year. The group reported a 15.7 per cent drop in trading profit to MH74 million for the financial year ended Dec 31, 1919. This compares with a
      326 words
    • Article
      Good prospects for H. Malaysia
      336 11 AFTER a good performance last year, there is every indication that Hotel Malaysia should enjoy another successful year. This optimistic view is based partly on the encouraging results obtained by the group in the first-quar-ter of the current financial year. Chairman Tan Sri Khoo Teck
      336 words
    • Article
      COMPANY BRIEFS
      366 11 REPLYING to KLSE queries on its recent bonus Issue of one for three, Seatasa Wjnssi said the unaudited accounts for the year ended Dec 31, 1979, show a pre-tax profit of about $800,000, compared with $48,027 for the previous period. The company said it cannot give the actual
      366 words
    • Article
      Mixed interim results at Kluang and S. Bagan
      260 11 WHILE Kluang Rubber Company has reported a boost in overall profit at half-time, its associate, Sungei Bagan Rubber, has encountered Its first profit slide after four consecutive years of growth. Kluang posted a 443 per cent rise in pre-tax profit to for
      260 words
    • Article, Illustration
      Lock icon On special issues...
      826 11 wsm mm*** by HOCK LOCK SIEW SPECIAL share issues for bumiputra investors by quoted companies have been coming in far more regularly than, say. the issue of shares by new companies seeking a listing on the local or Kuala i-irmpir stock exchanges. in a sense, one should
      by HOCK LOCK SIEW  -  826 words
    • Article
      RESULTS DUE
      152 11 rn j, PCM Ammmtti Net EPS Qnm w hut year Uh. Pratt Seatton W <y(v) F 1/3 18 5.0 4,057 Apollo Ent F 6/3 7.4 75 4,353 Gentings F 9/3 22.0 125 44,279 KLInd F 9/3 0.0 0.0 SSL G Ceramics F 10/3 13.0 10TE 1,032 Shell F
      152 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      91 11 end the i«j L>J-Tjrr An intamational Congrats to examine the technological opportunity available to financial institutions in the 1980s Jura 2-4,1980 i ll..»: Experts frovn 9 different countries will present 15 specialised pepers at the Congreee. Among the experts It: Battel le Institute N.V. Frankfurt, West Germany Mr Evans's ptper
      91 words
    • Advertisement
      Page 11 Advertisements Column 2
      122 11 good I l IT for choosing Rexroth proportional valves type 4 WRZ. i compact design i low pressure drop at the control lands i large fine control range with progressive flow characteristics i meets requirement for electronic controls i spool lands connected in any position A single pilot operated proportional
      122 words
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  • Article
    Bank offers new features in CD
    342 12  -  By RUTH CHENG INVESTORS will be given a chance to subscribe to a new type of floattag rat» certificate of deposit today. 9s new instrument, a tttaiite maturity FRCD, is to be introduced by V Hie US$l5 million issue is claimsA to be ths
    342 words
  • Article
    Malaysian land code to be amended
    194 12 THE Malaysian land code is to be amended soon to empower state governments to declare, as a rtovlopnifiit area, any fearceis of economically depresesd area. Director-general of the feederul Lands and Mines bspartment, Mr Nssruddin Bahari said yesterday this yneve would enable state governments
    194 words
  • Article
    William Jacks
    64 12 IN VIEW of the transfer at William Jacks' dnmlrfle from Malaysia to Singapore, the register of stockhsiders will be dosed on April 30, the company announced yesterday to a notice to stockholders, wmiam Jacks said tfcnt dealings in the stock boil o« the Koala Lumpur *sd flhuapise stock
    64 words
  • Article
    DBS invests in new computer
    397 12 DEVELOPMENT Bank of Singapore plans to keep op with technological developments by installing a second, new-ge aeration computer next year. The new mainframe is expected to run parallel with its «starting machine. The hank said it is purchasing additional computer hardware to Improve customer services.
    397 words
  • Article
    The poor smokers
    240 12 AMERICAN cigarette companies, faced with lower per capita smoking rates in the US, are stepping up the* advertising in developing countries, according to a World Health Organisation (Who) expert. Dr Daniel Horn made die statement at a press conference on Monday in connection with World Health Day
    240 words
  • Article
    Lock icon Japanese oil refiners against unilateral price rise
    273 12 UPI AP JAPANESE oil refiners, with government hacking have refuted unilateral crude oil price increases by Iran, government sources said yesterday. The sources said ma)or British suppliers such as Shell and British Petroleum are moving to take similar action against Iran. Iran notified
    UPI; AP  -  273 words
  • Article
    Lock icon EEC proposes TV protection
    60 12 AFP THE European Economic Community Commission is proposing temporary protection against Japanese television sets in order to restore the competitiveness of West European makers. The Fhunrial Times newspaper of London said yesterday that such measures could be set up tor five to seven years, after which
    AFP  -  60 words
  • Article
    LONDON STOCKS
    807 12 LONDON, Tues. TV market closed quietly mind, dealers said. At 3 pm, the FT index was down 6.4 at OU. OOs ended ss much as l2p lower following the temporary shutdown of production tat the North Sea TUstle oilfield and reflecting anxieties over international tensions. Industrials and Banks
    807 words
  • Article, Illustration
    Lock icon US fears use of force will harm hostages
    303 12 Agencies ALTHOUGH the White House it hinting anew that fan» still might be wed to break the stalemate with Iran, US Defence Department official» (ear any such move could lead to injury or death for the 90 Americans held hostage in Teheran.
    Agencies; UPI photoe  -  303 words
  • Article
    Timbermen to hold talks with EEC officials
    342 12  -  •y HSUNG BEE HWA THE ASEAN Plywood Federation is sending a delegation to Europe next week for iaformal talks with European Economic Community officials with a view to revise the Generalised Scheme of Preferences for plywood exports. An APF spokesman said the talks
    342 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      98 12 and the liiiii 4 :[4 An International Congress to examine tha technological opportunities available to financial Institutions in tha 1960s Jim* 2-4,1900 1 tx parts Trovn oinafant countnos will proaant 15 epaciatteed papar» at tha Congraaa. Among tha experta la: Mr. Jamet TMey Finance Industry Manager IBM, New York Mr.
      98 words
    • Advertisement
      Page 12 Advertisements Column 2
      0 12 ?"?%{?!.`(>!=,+}"_}?-$@|/~:>*<[
      0 words
    • Advertisement
      Page 12 Advertisements Column 3
      163 12 nil! n»' i 11 ii l>! I V I 1 I I I I illll I Ml V iillhiY'lli DYNAFLAIR adds a new dimension in design freedom since the sliding grille is a standard movable closure that can follow free form curves, to enclose only the area you want to
      163 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      63 12 W E AT H E R Outlook tar Singapore from 6 a.m. to 1 p.m. today: Showers in a tew placet by late morning. at Kkwrt. Maximum i. a.7 nnn 1 t„,-« .fti Associated tnuuuttj 64 Minimum temperature 24.6 Associated humidity 97 Hours of mutshluE...... 4.05 Rainfall in millimetres Nil
      63 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Jack-up rigs order
        101 13 UPI NIPPON Kokan (Steel Pipe) Co «aid op Monday it will build two Jack-up rigs worth US$l4.5 million each for Sedco, Inc of Dallas, Texas. The company said the rigs, of the mat-support-ed type, wuibe used far drilling operations off the coast of west Africa. The first
        UPI  -  101 words
      • Article
        Lock icon Henrik Ibsen in no danger
        97 13 Reuter THE crew of the hotel-platform Henrik Ibaen on Mnmiay righted the Norwegian rig from the heavy list it developed on Sunday as it lay at isHwr outside Stavanger harbour. A spokesman for the owners, the Stavanger Drilling Company, said faulty communication between crew members
        Reuter  -  97 words
      • Article
        Lock icon Relieving Coral Sea
        95 13 AFP THE United Slates aircraft carrier Constellation, which ho left its base in Tokyo Bay to patrol off the Philippines, may soon relieve the carrier ConU Sett in the Gulf of Oman, Defence Department sources said. A Pentagon spokesman said in answer to a question that the
        AFP  -  95 words
    • Article
      No new features in latest FEFC package deal?
      889 13  -  By G DURAIRAJ THE FAR Eastern Freight Conference's proposed package deal covering the shipment of rubber and latex from Malaysia to Europe contains hardly any new features to endear them to the Freight Committee of the Rubber Industry of Malaysia. The exception
      889 words
    • Article
      INDEX TO ADVERTISERS
      597 13 milling 1J» 1 Adriatic Afea Alfred All trans r** IV VI vm VI Cat 5 3 2 5 Alpac Angkutan ANL APL 5 1 4/5 1 4 1 5 4 2 5 4/5 Arab Line Argentine ASCL Asia Merchant Atlas RanglaiWh Bank Line BBS Bienley vm 2
      597 words
    • Article
      B & W sells out diesel stake
      389 14 B W sells out diesel stake DANISH engine-builder Burmeister and Wain (BAW) has announced that it will Mil most of its shares in the recently formed BAW-MAN diesel partnership to its West German partner to raise money (or the group's shipyard. The announcement from BAW has given no specific indication
      389 words
    • Article, Illustration
      EARLY AUSTRALIAN SHIPS RE-CREATED
      60 14 A POMBB Iwiiir tw Ai*r, hJMi eaaatvlpM AMMh In IM. Tto Mi 8« alk Wales BMb Ow» sr^a24C M| Mi NMNh, tke S, IVS, hMhlib «I Mi hMk "A Viy»|t ti Tern MMV the auii ill miMljf aAmMI» Hi feu mm !ml£fc pw*"awSagmpfcm ji {jJMM j>y<efS
      60 words
    • Article
      Container Schedules
      957 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (I) Each vessel's estimated time of arrival Is advised by the Shipping Line/Agent and Is subject 10 change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      957 words
    • Article
      Poor year, but French marine industry is optimistic
      595 14 THE LIFTING in the EEC of some protective barriers to insurance trade scheduled for this summer following the implementation of the Common Market Coinsurance Directive coincides with an exceptionally poor marine underwriting year with worldwide hull claims rising to a record level.
      595 words
    • Article, Illustration
      Cost containment the answer for parcel tankers
      1277 15  -  CHALLENGE OF THE 80s PARCEL tanker operators are generally making profits for the first time in five years. But as Stolt-Nielsen International chartering manager IVAR GRAM pointed out in a recent paper their modern, efficient and expensive ships are spending too much time
      1,277 words
    • Article
      French reinsurers and effect of the Tanio break-up
      263 15 TBI EFFECT (he n> eeat bre»k-ip af the MiU|My-tl»| Uiker Ihaie la the Eagltoh ChaaaH ttt the Britaaay eeaat aa tke Pnaek rrtaaaraatm market to aet yet kaewa. Bat It to aet tkeagkt te be Ma*hw>k Sapplemeatary caver wrtttea ler tke Preaek
      263 words
    • Article, Illustration
      SHIPS IN PORT
      472 15 EXPBCRD ARRIVALS TODAY KEPPEL WHARVEB Bung» lias (2350 after Cecile Maenk) 47 Catamarca II (1000 after Anchan) 1/2 Kawana (Ro/Ro) (UOO after Glorious I) 45 Koto Maju (0700 after Rantau) U/li Nednoyd Main (1300 after NedHoyd Florida) 1/4 Sainte Sua me (after Daugavpils) 15/14 Sea Swallow (Ro/Ro)
      472 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2884 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
      2,884 words
    • Article
      Exxon's $200m re-engining programme
      398 20 i. A WIDE-RANGING ""Hn* fuel conservation and gener"kip efficiency study by the giant Exxon group could ri l«d to a huge VLCC re- .eugining programme costing up to US$2OO million. Exxon and Its affiliates, including Esso Petroleum of v Britain, are participating in n lengthy and
      398 words
    • Article
      Seoul launches destroyer
      74 20 BQUTB Knee» sen Hnlti Ha On* destisjw -«Me to Ike vmmtoy fti esisnrtnl temaMaj at a 2 wanSThafiTelSJfrb? Karen, wns ImmM, its «mage or ether details. Ike inTili| rwfiny waa npwtojy iWiriii by Pmliwt Otot Bjn-Hnh, Mi aides, Karean repsri SSJr'yiifißrßMMiTT MvaTenft labial? wSnartae aid artNir iperitlsns.
      74 words
    • Article
      Lock icon Hyundai wins contract
      77 20 UPI HYUNDAI Corporation won a US9BO million contract for two coal carriers weighing 138,500 tons each, Hyundai officials said yesterday. The contract was awarded by the Federal Pacific (Liberia) Ltd., a Liberiabased subsidiary at Canada's Fednav Ltd., the official said. The coal carriers will be built by
      UPI  -  77 words
    • Article
      Oil superports proposal may not materialise
      469 20 LIGHTERING and transhipment of imported oil will be the norm for at least ten years, and the proposed ofi tanker "superports" will probably not materialise. This was the overall opinion expressed at a meeting of leading American oil companies in Houston, USA recently. While
      469 words
    • Article
      The Consortia
      137 20 Hie major shipping consortia opera ting between the Far East/Europe and Strait* porta/ Australia and the member lines. AC■ (FAR lAff/IDIOPI): Franco Belgian Services. 'K' Line. Korean Shipping Corporatioa. Neptune Orient Lines. Orient Overseas Container Line. Cho Yana Shi do Ins? ANBO (STRAITS/AUSRALIA): Australian National Line. Australia/Straitß Container
      137 words
    • Article
      SHIPPING EVENTS
      256 20 ASA Marine 10 April 15lt, World Trade Centre, Singapore. Contoct: Asia Marine Exhibition, 825 World Trade Centre, 1 Maritime Square, Singapore 4. R*Bs *80 April 15-17. The fourth International anhrestt and exhibition on marine transport using rollon, roll-off methods Monte Carlo Convention Centre. Monte Carlo. SMpeam *80 April
      256 words
    • Article
      Developing countries may not gain from code
      212 20 DEVELOPING countries would not necessarily gain from a bulk sharing code those who already have tanker fleets could lose trade claim independent owners. In its annual report of 1979. the International Association of Independent Tanker Owners (Intertanko) claims that "tanker shipping in developing
      212 words
    • Article
      WHO ACTS FOR WHOM..
      1336 20 The lending shipping lises ipentfag frem leenl perts tod the agents whe handle enrge heeklngs fer them. A B Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agesdee (S)/Euro-AsU Line (PK/PN). AM C. TMffer See CoMortfcnn (S)/Marintex Enterprise (PK). Mpnr In trues (S)/Yeo Shpg and Trading (KL)/Island
      1,336 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      227 13 live ret t lines po> tm hmt momwr ommi to BAMMOK NONHOM JAPAN MMAN. |t"7J| I \K! )1M I \ll \s> Orient Overseas Cantci*i&i Line 27/4 28/4 4/5 5/5 1/5 10/5 14/5 14/5 20/5 21/5 21/5 1/C 2/4 7/4 1/4 25/4 2/5 4/5 4/5 1/5 11/5 11/5 13/5 17/5 15/5
      227 words
    • Advertisement
      Page 13 Advertisements Column 2
      201 13 SI A! OKI) AMAH UASC UNITED ARAB SHIPPING CO SAG; -fc A EXPRESS MULTI-PURPOSE SERVICES mi loadni tor MAUKRV.2S 128/4 HHMI2S 26/5 FULLY CONTAINERISED SERVICE lEQI iiiKiiQaaEasa mm ecu uzznmmmmM Jeddah. Hodeidah, Yen bo, Subject inducement %ium iMiCfc MOOES ffn. Ik. 2OH/00C) 30D aoot NMOft NOW. SMGAPOK 0207 Ttl *****04
      201 words
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      Page 13 Advertisements Column 3
      417 13 CONFRE-ASIA PTE. LTD. MONTHLY TUG AND RAMP SAME SERVICES. BINTULU SARAWAK TARAKAN KALIMANTAN (OTWR PORTS ON NDOCEMCNT) ENQUMIES: TEL. *****88/9 TELEX. IS ***** CONK AS MAERSK LINE EXPORT CANADA AND ASIAN PORTS OiMj 11-14/4 15-14/4 2WI/4 21-22/4 27-21/4 29-31/4 4-5/5 54/5 r l Smpporc CtosM| Tmk "CM Apr 1700 tan
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      422 14 LEO SHIPPING PIF LTD SINGAPORE /—i mm/ PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KtIANG PFNSNG HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 1) Gmoi humM| tao»* cap toe Mi i. AutoNtp, l.Hom. Mm. B*jM. UK. 3) HMi 4) Mm, ItorttiM. 0M m S"por*. *AMBnd cmtoSmi AM KnpM| MtoMMk ck|d
      422 words
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      Page 14 Advertisements Column 2
      130 14 SHS SUPERCARRIER SERVICE WEEKLY BERVICE TO PANAMA, US ATLANTIC QULF AND E. CANADA 16/4 La 14/4 1900 Fa 1/5 0708 La 30/4 mo Fa is/s 0700 La 14/5 1100 2/5 IS/S MONTHLY SERVICE TO VENEZUELA WEEKLY SERVICE FROM US ATLANTIC/GULF AND E. CANADA m m *11/5 *W/5 ML IW 10/1
      130 words
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      Page 15 Advertisements Column 1
      465 15 Overseas ■B M Containers vAk Limited Weekly wnrici to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok Sanrtcas U/frm hPart/*M u/u m IV»M iv»M Maw turn nm UN* Mi tM MM tM urn— rtm pjmmi $-*>* mm Mt MM MM WUU.TIWIJU MM IM MM n.n MM MM
      465 words
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      Page 15 Advertisements Column 2
      0 15 ]_%)\(/^$_-:`\*<.~/.\)![[?{"&{]
      0 words
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      Page 15 Advertisements Column 3
      190 15 C.M.C.R. it Tpart tMm rim VmSk Gmm Trmti It Apr 17% 2mi 3*r 51% 121% a% am 111% ukr u«* ai% •Si iSv 221% am? am i a*r 12% ism u% am i m am am mm %m I 15 %r 17 mm urn km a*r nam s% m 1%
      190 words
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      Page 16 Advertisements Column 1
      378 16 10/4 14/5 12/5 14/5 1/5 3/5 1/5 11/5 23/5 22/5 24/5 30/5 1/0 vo m 12/1 14/4 11/4 21/1 25/1 27/1 2/7 4/7 22/5 25/5 27/5 25/5 6/6 0/0 10/1 15/ C 17/® 22/6 24/6 20/6 30/6 5/7 7/7 JU 13/4 15/4 11/4 20/4 24/4 24/4 22/4 26/4 21/4 30/4
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      Page 16 Advertisements Column 2
      433 16 LINE KOREA SHIPPING CORPN P. Mh| STORE VEGAI47W hPvVll Apr FM BUM BANGKOK VEGA 14SE In hrt/U Apr TO BUSAN M.TAK ISIN 9/11 May 12/16 May FOR BUSAN BANGKOK ALTAR 152E 9/11 May 12/16 May TO BUSAN PENANG CALL SUBJECT MDUCEMENT acacacatacacacucacncKscucncacacKSCKSCKxacac AGENTS: STORE CROWN MARIE CO (fTE) LTD TEL:
      433 words
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      Page 16 Advertisements Column 3
      412 16 (7) EVERGREEN LINE If AR (AS! HIROPf fXPKfSS Hill CONTAINSR SIRVICt 1 ACCEPTWG CARGO FO* HAMBURG. FELKSTONI. ROTTERDAM, ANTWERP. LE HAVRE ALSO ACCEPTHG CARGO FOR: SOUTHMPTW. IONOON. MANCHESTER. HRMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS HOLLAND AMSTERDAM l>M NMfeai UNMM «£r 11 Mr ISlhr UMv 19 Nw IJROPf as; XPRf ss RvlCt
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      Page 16 Advertisements Column 4
      602 16 Everett Lines I* Wk "BURMESE NATIONAL LINE" LOADMG FOR RANGOON r9m rum MPI/MM MM/zmt weimrm mm/2 Mrr s/smt nmi* zvx ipr B.F S.S.C Agirti in Matoyiio: TEPS MALAYSIA C#MpMM AffMMtNM Dc [> l luromknul S. A. C.I. F. WJ "ARGENTINE NATIONAL LINE" LOMM6FOR CAPETOWN. MHOS MB "MEXICAN NATIONAL LINE' FAR
      602 words
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      Page 16 Advertisements Column 5
      249 16 r 1&0.5. E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE r. Mm hnn Lntetar 25/21 Apr 23/25% S»TkL I 5/1 My »/ll My AKL.HL MAT*! 12/15 Apr CMTTttOK. JAPAN/STRAITS SERVICE MSB UK SRT M/U Apr KSIBMRRB hM Mk/Il Apr 12/13 Apr OCEAN PIE M h fcrt PALII 12/13
      249 words
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      Page 17 Advertisements Column 1
      328 17 PIL GROUP EAST AFRICA/RtDSEA SERVICE A COLOMBO KARACHI/P. GULF SERVICE SING APORE/CHITTAGONG/RANGOON/SER VICES Stn|apor« 2S/3IAp Loading For CMtagont I SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INOONESIA/SINGAPORE SERVICES pf 'v--11/21 Apr 21/23 Apr 22/21 Apr SEA Container Feeder Service SIN JKT/SIN HKG/MAN ACCLPTABLE LCL/FCL CONTAINERS •S/7N >68/711 ClOOtaQ FCt 14/417f HW3, LCLIS/41fOO MM. MAMLA
      328 words
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      Page 17 Advertisements Column 2
      755 17 BEN LINE CONTAINERS EXPRESS COffTMe 9MCE TO/ROM EUROPE KMC BMAKR ROAM HAVRE SOTOI Sport P. Um| W Caraway/ Antra AMvarp Franca Al UK 11/4 11/4 !/S 1/5) 2/5 (11/5) M/< 11/4 71/4 13/5 15/5 11/5 11/5 11/! »/4 1/5 21/5 22/5 2V! 1/5 22/5 24/5 25/5 27/5 21/! 11/5 11/5
      755 words
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      Page 17 Advertisements Column 3
      599 17 ;4 1 m l Scan Dutch? WEEKLY EXPMESB CONTAINER SERVICE l)tfM*»7>rtaa 3)»Tbar|4)C°kar| «v« aa w w m "JBfl a/4 Ifl Ma 1V» tt/S a/« iv* w a/i w V* IV* M/S IV* IVi n/1 1/1 V« VI aa 2a ia aa ia vn \%n tyi wi wa I/I 11/ l
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      Page 17 Advertisements Column 4
      370 17 w i o I'M BOUSTEAD SH,PP,NG AGENCIES THE BANK LINE LTD LOADS FOR t ft S. AFRICA (Rmmm Oarta* C ft Ita. I onion) h PI/11 Apr 1V1»*» US. GULF COAST SERVICE (New (Means, MobBe, Houston, Galveston) SMcapara P faN faata RM ZOQU LTKES («Kk 1 la*) 6* 31/11 Apr
      370 words
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      Page 18 Advertisements Column 1
      561 18 K LINE KAWASAKI KtSEN KAISHA. LTD. CONTAMC* nnmii P Mat l.Hwrt r<M tfbwi >»» W* 11/4 27/4 «/4 2/5 1/5 W IV4 «/4 VI VS 11/5 12/5 21/4 22/4 J/J 11/5 13/8 M/ 5 IT/5 2V« 27/4 14/J IV* l«/ 5 11/5 21/5 2/5 1/5 M/ 9 21/5 25/5 24/5
      561 words
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      Page 18 Advertisements Column 2
      330 18 CAUHMM/PACnC NORTH WEST SUVICE EXPKESS tar UK MB CMTMU/KEFEf SERVICE B. MM "MjigKO. »mt. TRCORM. MMMt U MSTIAUA OPtKg CWTMO SEIWCE tar Htm Ste a/4 tef ii/mlt «5f Mfi» <VBki 1/4tM SIM lIN 11/Htei Z2/Ste* »tn Vtm V%m IVMM* tm U* ivvm Vtlm 7ta« lk| 11/17 A* L S LIN
      330 words
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      Page 18 Advertisements Column 3
      403 18 r> H S;\(iroii|i SINGAPORE SHIPPING AGENCIES PTE LTD ,'O'H ItOO" u» i AS BOH ONG SiNt,APO«t MA««t I'M, f",, I, MS OfNIBAi i'l liMSi 'I I MS 4 S HS ,'SM t H A «i,( >SMiP ■Villi IMHI lloiitainvr Lines WtEKIY CONTAINER SERVICE to/from BANGKOK VBT STOICM) mi to N/M
      403 words
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      Page 18 Advertisements Column 4
      446 18 QRANARD LIME INDEPENDENT ATTRACTIVE RATES U MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO-FCL ONLY FOR PORT SAID. ALEXANDRIA. BEIRUT, LATTAKIA. UMASSOL. ISTANBUL A PIRAEUS Specially engaged agetus A stevedores providing immediate discharge Vem PJMm an m 1m r m im* MV. MM TM t. m 1 M MM SK V.4M
      446 words
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      Page 18 Advertisements Column 5
      245 18 INTRASEA (PTE) LTD 1 iht-i Mouse j O'Ch.irn Smqato'v V Telephone 2 3540S T REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE mnm mm uZ lslf T* iSStiw M«7» 7lb) 3Mtf naooc/K <«i M M 77 17 Mm nWV (AVON) •n* i Man (no L® zsszcn HOB aiu/P*" 1 ALP AC
      245 words
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      Page 19 Advertisements Column 1
      559 19 i im mi m» FAR RSI EUROPE Kit LY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): STRAiTS AUSTRALIA RfT HO CONTAINER SERVICE TO ANO FROM AUSTRALIA: 7 Abo acccpfaf tfsnshipMfvt cargo to/from and L Malaysia. TO WEST COAST (USA)/CANADA FROM WEST COAST (USA)/CANAOA Montreal/Toronto cargo also acceptable. Cargo to Baltimore, Boston,
      559 words
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      Page 19 Advertisements Column 2
      114 19 T TRACK. The Port of Oakland has a decided advantage in sending inbound shipments to inland U.S. destinations. Because there are three transcontinental railroads virtually waiting at the dock. With railroad marshalling yards iust minutes from the marine terminals, we can move your cargo without delays and help shorten the
      114 words
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      Page 20 Advertisements Column 1
      76 20 mitm EGYPTIAN IN TfilKi A If IK. A I Kit [li internatiqsa; INE fit EGYPTIAN FLAG W(; ARAB LINE ~< 'i.ition cii S,k«l, A REGULAR EXPREBB SERVICE TO RED SEA SPORTS UNI?ACIFIC TRANS TRADING AGENCY PTE LTD Tel: *****4 (5 Lines) Singapore 0104 X 7 PERKAPALAN LAUTAN BIRU Regular Service
      76 words
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      Page 20 Advertisements Column 2
      200 20 iMfMuft Shipping Agency Pt& LM AfMts 11 S"poft Kuntan loadm lor H¥. SOLIDARITY 13/14 Apr 15/1S Apr hM/Ti For Booknp plena contact; Bnpl«d«ph SMpptm Opucy Pto Ltd Sf>J CONSORTIUM (PTE) LTD. It 1 'li I U IH AV V M NAN Ml AW, MAR'NI I 'CN RH|i Ui Ti I
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  • Page 20 Miscellaneous
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      Page 20 Miscellaneous Column 1
      149 20 \/y -V < i m i Regional Weather hi :W: >•••• 52 3 V ft x:-. V fc 1 44 Jt r v v.- m k>: <W xVWW SKMMFICANT WEATHER AND SEA CONOmOMS AT 7JO AJH. THM MOWMNO. R Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots
      149 words