The Business Times, 11 September 1980
1980-09-11
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The Business Times
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Title Section10 1980-09-11 1 BUSINESS TIMES M.C.(P) No. 111/1/81 THURSDAY, SEPTEMBER 11, lMt 50CF.NTS10 words
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BRIEFLY...
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Article60 1980-09-11 1 Reuter DAMASCUS, Wed. Libya and Syria today officially became one state with a proclamation issued in Damsacus and in Tripoli pledging to achieve full political, economic and military union. The declaration came shortly after Syrian President Hafez Al-Assad returned to Damascus from a two-day visit to the LibyanReuter - 60 words
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Article67 1980-09-11 1 AP LONDON, Wed. British ports are threatened by a national strike of stevedores next week over 178 jobs at risk in Liverpool after union-govern-ment talks to find a settlement failed. Mr Patrick Mayhew, a junior minister at the Employment Department, said the government will not intervene, in lineAP - 67 words
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Article59 1980-09-11 1 AP NICOSIA, Wed. The first unit of a US$3 billion petrochemical complex being constructed jointly by Iran and Japan will go into operation next summer. The official Iranian news agency quoted the managing director of the Iran-Japan petrochemical company as saying that $2.25 billion of the estimated $3AP - 59 words
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Article66 1980-09-11 1 Reuter MELBOURNE, Wed. Trade unions have agreed on industrial action against the West Australian state government and companies involved in drilling for oil on a site held sacred by aborigines. After a meeting here today, the Australian Council of Trade Unions agreed to endorse wideranging action by unionsReuter - 66 words
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Article62 1980-09-11 1 AP LEBANON, Wed. Fighting broke out between rightist Christian militiamen and the Lebanese army today, forcing closure of the highway to the presidential palace. A police spokesman said one soldier was killed and three militiamen from the Phalange Party were wounded as they battled with machine gunsAP - 62 words
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Article55 1980-09-11 1 AP ISRAEL, Wed. Egyptian President Anwar Sadat was quoted today as saying the entry of Jordan s King Hussein into Middle East peace negotiations would be a "danger to the entire process." Yesterday, former Israeli Prime Minister Yitzhak Rabin interviewed the Egyptian leader in Alexandria for a bookAP - 55 words
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Article75 1980-09-11 1 AP NEW YORK, Wed. Stock prices rose in early trading. The Dow Jones average of 30 industrial stocks rose 3.75 points to 938.48 in the first half hour of trading on the New York Stock Exchange following a gain of more than 6 points yesterday. Gaining issues outnumberedAP - 75 words
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Article152 1980-09-11 1 Rises Indices Malayan Tin Berjuntai Mannum Corpn 640 1430 1090 80 60 50 B.T. Indicator: Sep 9 Sep 10 8388.21 8625.46 M U I 1830 40 Industrials: 594.94 601.12 Sel Proper-tie* 1180 30 Finance: 1127.40 1133.86 C Sugars S P Textile M Cables D Keramat 950 30152 words
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Article, Illustration143 1980-09-11 1 Rises Indices Kramat 640 200 Sep 9 Sep 10 Malayan (T) 625 +65 B.T. Index: *****.*****81.39 A Hitara (R) 550 +50 Industrials: 704.51 711.45 Tongkah 560 50 Finance: 1058.05 1053.55 Rahman Hyd 1410 +50 Hotels: 381.62 381.82 Berjuntai 1420 +50 Properties: 525.66 529.51 Magnum Corp 1060 40 Tins:143 words
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689 1980-09-11 1 RONNIE LIM,FOO CHOY PENG - STAKE IN STORAGE COMPLEX By RONNIE LIM,FOO CHOY PENG INTRACO is gearing up for its future role in oil trading by taking a stake in a giant storage complex on Pulau Sebarok. This makes the government-owned company the second partner of a Dutch company, Van689 words
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Article260 1980-09-11 1 Agencies ON THE back of heavy speculative demand, the price of gold rose sharply again yesterday to US$6B6 an ounce. London dealers reported hectic trading after profittaking on Tuesday had pushed the -price to as low as $668 from $680. In Zurich gold advanced rapidlyAgencies - 260 words
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476 1980-09-11 1 LECTURERS to be recruited for the Nanyang Technological Institute (NTI) will be paid considerably more than their counterparts at the National University of Singapore (NUS) as they are expected to have "extensive experience in industry". The NTI is aimed at producing practical engineers476 words
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Article348 1980-09-11 1 UNITED Pulp A Paper (UPP), a major supplier of paper and paper products, will offer 5.3 million shares of one dollar each to the public at $1.25 per share. Proceeds from the issue will help finance a $6.5 million expansion plan for more machinery and348 words
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258 1980-09-11 1 BULLS staged a timekaek to the Stogapare stock market yesterday, hetpiag skares recasp tkeir prevlsas price Tke eeavtnciag rally kraagkt tke Straits Times Isdastrlal Isdex 1.18 pefarts sp to «11.12. Tke vslatlle Baaiaess Times ladleator saared 237.2S pstats to M2S.M. Nervsas258 words
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477 1980-09-11 1 BIBIANA CHOO - By BIBIANA CHOO HAW PAR has convincingly shed its image as an ailing tiger. The group reported yesterday that its interim profit surged ahead strongly on the back of a wide-based contribution by almost all its 10 divisions. In the six months to June477 words
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Page 1 Advertisements
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Advertisement10 1980-09-11 1 Your Dictionary of Business The Straits Tines DIRECTORY of Singapore10 words
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Advertisement131 1980-09-11 1 ASIA RESEARCH BULLETIN This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia The Bulletin is divided into six separate reports of about 8,000 words each There is a dual131 words
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Advertisement28 1980-09-11 1 mm FALL la vtlune ef timber exSHIPPING TIMES JURONG Cemeet petoed better nulto 'HOT MONEY' may be beei HKMlar MINI Metre ear fainin CROSSWORD C KB INFORMATION It28 words
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Advertisement27 1980-09-11 1 BANK MOT SAFE DEPOSIT DATA SAFE STRONG SAFE SAFERLE CONVICT HERMES •r S •V THE EAST ASIATIC COMPANY (SINGAPORE) PTE LTD Denmark House, Raffles Quay Singapore 010427 words
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TRADE AND INDUSTRY
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Article283 1980-09-11 2 SEMINARS AND COURSES Sep 15-19: Communications Towards Asia's 21st Century: A Question of Answers, Mandarin Hotel, 12th Asian Advertising Congress Host Committee Sep 15-Oct 1: Local Labour Laws, Cuppage Centre, NPB Sep 15-Oct 6: Industrial Ergonomics its Application to Industries, Cuppage Centre, NPB Sep 16-17: Finance for NonFinancial283 words
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Article381 1980-09-11 2 QUICK RECOVERY UNLIKELY THE volume of timber and timber products exported in the first four months of this year fell by almost 8 per cent from the same period last year. But the value of the exports was $402.64 million, a 21 per cent381 words
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Article187 1980-09-11 2 THREE courses organised by the Department of Extramural Studies of the National University of Singapore will start on Monday. "Project Management and Site Control", a 10-lec-ture course, will be held on Mondays and Wednesdays from 7pm to 9pm. The lecturer will be Mr Tham Poh Khin,187 words
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Article215 1980-09-11 2 MALAYSIAN Airline System is setting aside 550 sq m of the $20 million cargo complex at Subang airport for an extension bay to the present 74 sq m cargo examination area. The extension has been approved in principle and can be expected to be opened215 words
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Article, Illustration370 1980-09-11 2 MANAGERS seeking to automate their factories should identify the type of equipment that best meet their requirements. The most up-to-date technology need not be the most appropriate for their scale of operations, said Dr Lee Chiaw Meng, chairman of the National Productivity Board. Indeed automation need370 words
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Article260 1980-09-11 2 ASEAN countries will be the chief beneficiaries of Australia's 1980-81 overseas development assistance programme. The Australian government has set aside about A 551.5 million for projects in Asean countries and this accounts for 9.4 per cent of the total development assistance budget for 1980-81. In260 words
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Article120 1980-09-11 2 A SERIES of short computer courses will be conducted next month by Designed Courses Services and Applied Data Education Services, a UK-based company. Three courses will be conducted by Mr Brown in Singapore. They are: Improving Programming Skills (Oct 2 to 4), Seminar Programming Management (Oct 6120 words
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Page 2 Advertisements
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Advertisement480 1980-09-11 2 When Diners Club is your business card you're reaty in business. O o o 3b13 3o«Jq 3b13 30* it o JQ 9 *6 \tiuvb 3b 9* 1979 Hi •z *0 tZ f*7t 55" <0 «7 t*lV> ft, n *0 '4 V> '0# v> f0 Ot V* *1 n* respected charqe480 words
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Advertisement267 1980-09-11 2 The SGV Group Management Consulting Services A well-established foreign group with a regional office in Singapore is in the process of embarking on a major investment diversification in Asia and Australasia. It is now looking for a senior executive with regional contacts to assume the responsibilities of a: COMMERCIAL DEVELOPMENT267 words
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REGIONAL
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368 1980-09-11 3 UPI THE ruling party in the Philippines is seeking tough security legislation that will enable President Marcos to lift martial law without yielding his strongman powers, the government said yesterday. The proposed international security measures authorise Marcos, among other things, to detain indefinitely without trialUPI - 368 words
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THE REGION IN BRIEF
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Article471 1980-09-11 3 Agencies FORMER Indian Prime Minister Char an Singh has been summoned to appear in court in New Delhi on Oct 4 in connection with the alleged illegal arrest and detention of 10 people in 1977. Charan, now leader of the opposition Lok Dal (People's) Party, wasAgencies - 471 words
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Article, Illustration394 1980-09-11 3 Reuter THE NATIONAL People's Congress (NPC) yesterday approved the appointment of Mr Zhao Ziyang, 61, to succeed Communist Party Chairman Hua Guofeng, 59, as Premier of China. It also approved the nominations of three new vice-premiers. More than 3,200 deputies gathered in the Great HallReuter; AP photo - 394 words
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Article206 1980-09-11 3 Reuter THE BALANCE of payments of Australia, as measured by net official monetary movements, recorded a As2ls million deficit in August after a $54 million July shortfall, preliminary Statistics Bureau figures show. The deficit compares with an August 1979 deficit of 1224 million. The current account showedReuter - 206 words
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338 1980-09-11 3 AFP THE Japanese government has agreed to review its tariff and nontariff barriers against Malaysian goods. Minister of International Trade and Industry Rokusuke Tanaka, visiting Malaysia for two days, promised a review of import barriers when he held talks with Malaysia's Foreign Minister,AFP - 338 words
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164 1980-09-11 3 UPI KING Bhumibol Adulyadej of Thailand yesterday ordered an extraordinary parliament session convened to debate a bill that would allow Prime Minister Prem Tinsulanonda to extend his tenure as army commander-in-chief. The royal decree called for Parliament to meet on September 15. Government sources said theUPI - 164 words
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Article273 1980-09-11 3 AFP THE JAPANESE economy will turn upward after this July-September quarter and achieve the official growth target of 4.8 per cent for this year, Japan's top economic planner predicted. Mr Toshio Komoto, state minister and director-gener-al of the Economic Planning Agency, told newsmen his optimism is basedAFP - 273 words
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Article255 1980-09-11 3 Reuter THE JAPANESE government will not relax at present its sanctions against the Soviet Union imposed after last December's military intervention in Afghanistan. A foreign ministry spokesman said in Tokyo yesterday that agreement to maintain the sanctions was reached in talks between Prime Minister Zenko Suzuki andReuter - 255 words
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Page 3 Advertisements
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Advertisement587 1980-09-11 3 Discover what some gold from American Express and United Overseas Bank can do for you s L. fck? w >»# PPjMpfS 5 afe&rgP® -ft pPW^I m v e Xl'M* Jai iJf fc£* flHff'E •t#S 111 l The American Express Gold 111 l Card is the closest thing there is to587 words
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RAW MATERIALS
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Article333 1980-09-11 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.08, 100 per cent second class 0.96, 100 per cent third class 0.93, 25 per cent new crop no stock, B-10 per cent 0.80. THAI BROKEN: A-super 0.72. Special 0.68.333 words
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Article160 1980-09-11 4 CHICAGO soybean futures on Tuesday finished three to 10 US cents a bushel lower in mostly local trade. Prices settled near the middle of a 20-cent range. Local long liquidation pressured values from the start in a technical correction of an overbought market, traders said. When prices penetrated the160 words
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Article136 1980-09-11 4 THE MALAYSIAN palm oil market ruled higher yesterday despite reserve over Indian tenders, dealers said. Trading was extremely quiet with September gaining Mss in the South at $785 a tonne while the Central region was traded at the same level. October saw the Southern and Central gain $2.50136 words
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280 1980-09-11 4 INDONESIA may adjust coffee export prices to shield local farmers from plunging world prices. The Indonesian Minister of trade and Cooperatives, Mr Radius Prawiro, said after a meeting with President Suharto that the Jakarta government might further reduce check prices on which duty is280 words
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Article173 1980-09-11 4 CHINEBE Pradarn Exchange, fcppm, BMa eto«tag prices per lMkg yesterday: Ciciwt «0: Bulk fob 120.00 sellers, old drum (in second hand drum) fob $130.00 sellers, new drum fob (136.50 sellers. Cspra: Mixed (loose) $70.25 buyers. Pepper: Muntok white pepper fob Asta NLW $440.00 sellers, Sarawak white pepper faq173 words
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Article193 1980-09-11 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattaa yam: China Blue Phoenix 20s 2,030; 32b 2,600, 40s 2,866 (per bale of 400 lbs). Piece gee*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article223 1980-09-11 4 WHEAT futures on the Chicago Board of Trade on Tuesday closed half a cent in the spot, to 2Vi US cents lower in other positions. Prices settled on or near the top of a six-cent range in active trade. Heavy exporter buying, rumoured to be for Chinese interests for223 words
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Article290 1980-09-11 4 THE SINGAPORE rubber market yesterday closed slightly higher with October One RSS buyers quoted at 312.50 cents s Idlo, up 4.50 cents from Tuesday's close. Morning prices were marked up about three cents on higher London advices, covering interest and speculative buying. The morning session closed slightly higher with290 words
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Article308 1980-09-11 4 RAS prices in cenU per ktlo yesterday: M nnm noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt f o b. 306.50 306 JON Int. 1 R.S.S. October 311.00 311 so Int. 1 R.S.S. November 315.50 316 50 »1.00 301.00N UK/Cont 299 00 300 00N Int. 3 R.SS308 words
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Article119 1980-09-11 4 NOON 8SR aad SMR RAS SSR 20 (1-toa SSR80 (1-ton tncm ymtrda a fimUmi) l»H) T Oct 2mrrm »y«ri woe aaeoc •tor MU) i flilltn 1 *****N 1 268 00 N Nnwktr (Forward Mlk) Bijtn Balfera 1 270.00 272.00N > 267.00 269 00N Mil SMR ELB CV119 words
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Article37 1980-09-11 4 Rubber: Sept 10 Singapore: Oct: 312.50 cents (up 4.50 cents) Malaysia: Oct: 313.50 cents (op 4.00 cents) Tin: (up $26) (equivalent to $36.72 per kilo) (up 43 cents) Official offering: 172 tonnes (down 56 tonnes)37 words
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Article104 1980-09-11 4 THE BTOAITB Ha price la Peaaag yesterday rsse mtter MS2I to $2,221 a pical, fit «tore the tatorutteaal Tli Agreemeat tafIke balllsb Mattaeat wu I tmĔtĔ by esatteaed active baytog frwa toe toeal, US aewa toal toe US Geaeral Services AdalaMnflM agate rejected all Mds at Its fertolghtty104 words
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Article720 1980-09-11 4 COFFEE: Robusta futures yesterday closed the morning steady, near the ses--1 sion's highs and with gains from Tuesday of £12, spot September at £1,142, to I £42 in May at £1,285. Turnover was 1,743 lots. Dealers said prices after the opening call eased to the lows on commission-house720 words
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ASIAN STOCKS
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682 1980-09-11 4 TOKYO THE market had a good start yesterday morning, favoured by the rally in New York stocks and also by the increased activity from non-resident investors. Practically everything was firm in the morning the high-priced home appliances, the resource-related issues, various speculative®682 words
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Article311 1980-09-11 4 THE MARKET yesterday opened strong on a continuation of Tuesday afternoon's upward momentum. Stocks continued to move up the rest of the morning as profit-takers were scarce. The 1 uncntime announcement by Jardine Sec of a bonus of one warrant for every two shares held caused the market to311 words
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Article350 1980-09-11 4 WEAKER international gold prices made for gold stock selling yesterday, but a late rally indicated traders were not yet ready for a full shakeout, brokers said. 1 renting gold issues finished generally weaker, but several other big miners and a host of speculative issues were bid off the bottom350 words
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Article255 1980-09-11 4 STOCK prices closed higher yesterday with speculative demand attracted by recent low levels, dealers said. Bangkok Bank rose four baht to 256, industrial Finance Corp two to 110, Saha Union one to 176, Mah Boonkrong Drying and Silo four to 153 and Jalaprathan Cement four to 89 baht. SEPT255 words
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Article157 1980-09-11 4 THE STOCK market was dull with most issues easier yesterday, dealers said. Turnover fell to 5.6 million pesos from 18.6 million on Tuesday. Gainers included Surigao Con B, Ist Phil Hldgs and San Miguel B while among losers were Atlas Con B, Baguio Gold, Benguet Con B, Marinduque B,157 words
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Article50 1980-09-11 4 FINANCIAL TIMES INDUSTRIALS Tuesday 503.0 Monday 482.0 Week Ago 482.7 DOW JONE8 AVERAGE INDUSTRIALS Tuesday 034.73 Monday 828.58 Week Ago »40.78 HJLHANG SENG Wednesday 1211.13 Tuesday 1188.72 Week Ago 1237.15 SYDNEY INDUSTRIALS Wednesday 718.08 Tuesday ***** Week Ago 720.83 ALL ORDINARIE8 Wednesday 868.13 Tuesday 663.27 Week Ago 888.3850 words
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Page 4 Advertisements
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Advertisement173 1980-09-11 4 When you are a leading international hotel chain in Singapore, only the best paper for your stationery will do. conqueror The right choice of business stationery can make a vitaJ contribution to your company image. And over the years Conqueror has established itself throughout the world as a truly unique173 words
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OVERSEAS
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Article333 1980-09-11 5 Reuter SLUGGISH world growth, increased unemployment in the industrialised nations and a development crisis for poorer countries in the next two years were predicted by the United Nations Conference on Trade and Development (Unctad). In its report on the world economic outlook for 1900/ 81, itReuter - 333 words
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Article247 1980-09-11 5 Reuter THE economic recession in the US should bottom out this month but the first full year of recovery will be subnormal owing to continued high inflation, Salomon Brothers chief economist Henry Kaufman said. At a briefing for clients of the investment banking concernReuter - 247 words
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Article, Illustration373 1980-09-11 5 NYT THE second day of a conference to write a new constitution for Canada was marked by increasingly bitter exchanges between the federal government and the 10 provinces. Wrangling over control of offshore mineral resources and fisheries added to doubts that there will be an overall agreementNYT - 373 words
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Article775 1980-09-11 5 ARRIVALS* Service Local Operator Number Time From S1A SQ580 0710 MAA MAS MH601 0700 KUL SIA/BA SQ/BA17 oms LHR/BAH MAS MH621 0835 PEN SIA SQ101 0815 KUL RBA BI421 0930 BWN MAS MH671 0930 PEN/KUL MAS MH605 1000 KUL SIA SQ211 1000 HLP SIA SQI03 1000 KUL775 words
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Article343 1980-09-11 5 Reuter ITEL Corp, the ailing San Pranciso-based leasing company, hopes to sign definitive agreements on restructuring its debt, totalling about US$l.2 trillion, by the year-end, company treasurer Richard Bachmann said in London. If successfully completed, the restructuring would reduce ltel's US$3O million loss recorded in theReuter - 343 words
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WORLD IN BRIEF
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Article475 1980-09-11 5 SENATOR Jacob Javits, one of the US Senate's most powerful figures, lost a bitterly-contested primary contest for New York's Republican nomination in this year's senate election. Television computers said Mr Javits was beaten by a comfortable margin by Republican Alfonse D'Amato, a Long Island politician. LATEST figures475 words
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273 1980-09-11 5 Reuter STRIKES continued in at least 10 cities and towns across Poland yesterday as the government failed to convince militant workers that labour unrest was against the national interest. The official news agency Pap on Tuesday night listed 10 affected centres and saidReuter - 273 words
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Article525 1980-09-11 5 NYT US PRESIDENT Carter has announced a series of proposals aimed at reducing deterrents to American exports and, in a message to Congress, said that an improvement in trade was now one of the nation's priorities. "Global events have made international trade substantially more importantNYT - 525 words
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403 1980-09-11 5 Washington Star DESCRIBING President Carter's economic policies as an "American tragedy", Ronald Reagan has outlined a programme of income tax and government spending cuts designed to stimulate economic growth and drastically reduce the rate of growth of the federal government. The proposals include ideasWashington Star - 403 words
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Article134 1980-09-11 5 UPI IRAN has rejected a call for reconciliation and private negotiations from US Secretary of State Edmund Muskie and demanded that the United States apologise and repent for its 'past crimes'. In a broadcast of a public meeting in Qom, Premier Muhammad Ali Rajai read aloudUPI - 134 words
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Page 5 Advertisements
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Advertisement140 1980-09-11 5 V- X f r. mm r* e Nelson at Tiara Supper Club September 8 27 Dynamic Marvellous Hilarious. International entertainer Nelson Sardelli defies description. He does so many things on stage it's hard to pick out a starting point But our Italian dynamo does open and close with a song.140 words
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340 1980-09-11 6 ASEAN WAS formed more than a decade ago to promote cooperation among the five member states. Although intended as a loose economic organisation, the aim was nevertheless to present a common front to the rest of the world, particularly in negotiations on trade and business.340 words
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279 1980-09-11 6 REAL ESTATE advertisements are notoriously tricky. The "spacious, recently renovated flat with a good view" turns out to be spacious only if you and your family are Lilliputan sized, the recent renovation is nothing more than plaster and paint slapped over cracks in the279 words
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Article, Illustration1674 1980-09-11 6 RICHARD HANSON - By RICHARD HANSON FT THIS month the 57th anniversary of the Great Kanto Earthquake is being commemorated by four million Japanese by their participation in the biggest earthquake disaster prevention "dry run" ever staged. Japan is expected to spend 2,000 billion yen this year alone on earthquake disasterFT - 1,674 words
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Page 6 Advertisements
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Advertisement201 1980-09-11 6 a i L. 'J TO -ISSS& Why idle away your life and languish in poorly paid jobs with no future when you can move ahead with the RIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of the following courses and get just THAT QUALIFICATION! Institute of201 words
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Page 6 Miscellaneous
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Miscellaneous37 1980-09-11 6 BriSteW: Frank Dickens Bicsn-iNO ppf&z QUICK' a LJMP<T DO YOU noep\rJ OUT P V u TMPTT u>e DON'T f\ SH^cT ViNTnepLpce. CPMJ. YOUPSeLF p> STQRe <££jREJ?P p»Ny IooRTV4 his SP.CT u)OULD HIS BIOTTiNC, Etpß P\ RPsifsjy Qpvy37 words
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Miscellaneous1502 1980-09-11 6 Feminist Margaret Sanger SHE ALMOST ttvtd hag eaeagk to aee aad feel the effects sf Wmiml llw ttoa aad vnM have bees pread «f toe Mrto ef toe Bfaal Big** A—toto to America. Peantotot Margaret Imm> Bred treat 1883 to u wt u t Mrta Matrw eltofte to toe Uatted1,502 words
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Article, Illustration1321 1980-09-11 7 ARNOLD KRANSDORFF - ARNOLD KRANSDORFF reports on how some UK companies, including ICI and Rolls-Royce, are using micro-processors to cut fuel costs. ICI, for example, using a microprocessor system at one of its chemical plants, claims to achieve an annual saving of £240,000. ARNOLD KRANSDORFF FT ITFT - 1,321 words
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Article, Illustration1109 1980-09-11 7 JEREMY TOYE - FIVE-YEAR ENERGY PROGRAMME By JEREMY TOYE Reuter THE PHILIPPINE government has embarked on an ambitious crash programme to develop alternative sources of energy and reduce its continued dependence on ever more costly imported oil. With this year"s bill for oil imports likely to reach US$2.7 billion, orReuter - 1,109 words
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Article839 1980-09-11 7 FOX BUTTERFIELD - FORUM, with FOX BUTTERFIELD NYT AFTER years of being regarded as a mere rubber stamp for the Communist Party, China's legislature, the National People's Congress, has displayed a new vigour by sharply questioning government officials and policies in its current session. One Cabinet ministerNYT - 839 words
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Page 7 Advertisements
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Advertisement7 1980-09-11 7 Tjaute Cuisine ala Kashmir Cmdt Tel: .'W15057 words
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Advertisement247 1980-09-11 7 Burroughs Word Processors "build" the system that's right for you The use of the screen most important innovation since the invention of the Word Processor itself. It is in this area that the Burroughs Systems show one of its greatest assets, namely, the ability to show 30 lines of large,247 words
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INTERNATIONAL STOCKS
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Article1273 1980-09-11 8 NEW YORK STOCK prices on the New York Exchange on Tuesday rallied to close higher in active trading, led by the computer, defence and oil issues. The rebound reversed an early sinking spell. The Dow Jones industrial average, off five points at one time, ended up six points1,273 words
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Article208 1980-09-11 8 SEPT 09 CS Abilibi 24'. 1'. /Urin 39 Aljtoma 37 -1 Bunk Mont Bunk Nova Scotia 32'Bell Tel 1»> Beth Corp BP Can Ltd 44 Brasran 30"Camp Red Lake n i i -I'i Can Imp Bk n unch Can par 49 Can par Inv Pf 1# unch Carlinf OTteefe208 words
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Article320 1980-09-11 8 SEPT 09 Rand INDUSTRIALS A Alpha 4*1 5 Aberrom 365 -5 AE And CI 990 unrh AMIC 2950K Barlows 1205 5 Cg Sugar 1825B CNA 570 10 Currie Finance 278 -2 De Beers Ind 3200B Edcon 680 unrh Edgars 8900 100 Eve ready fed Voile 570 unch Kugit 250320 words
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Page 8 Advertisements
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Advertisement226 1980-09-11 8 Where to wine, dine and entertain 4 jK2? Costs only HALF AS MUCH if you're residing in Singapore It's easy. Just book our chalet units, and enjoy a 50% discount. Offer applies MONDAY—THURSDAY (except public holidays and holiday-eves). For full details of the 50% DISCOUNT OFFER, JSBL call ApolloSentosa Reservation226 words
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Advertisement205 1980-09-11 8 a 8m Paga 4 for Asian stocks and Paga9 for European markata For lunch. For dinner. For a richly rewarding experience. Businessmen s Lunch Monday to Friday SlB 10% service charge +3% cess Javanese Riistafel Sarurday& Sunday $16 10% service charge 3% cess For reservations call *****77 i 'nrk SIH'IIIIOII205 words
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Advertisement121 1980-09-11 8 The Great Family Do-lt J Yfoursetf Barbecue T. > h •V t -l i w Choose r*eapon& Saturday night PootskJe at the Oberoi lust choose whit you want and barbecue it Meat seafood salads, sauces Chefs hat and apron available $20+ for adults. H4+ for each child under 12 Anytime121 words
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Advertisement168 1980-09-11 8 The Ultimate Dinner Imitation! Chef Leo s Surprise Gourmet Menu. cr 0 Each night except Sunday, Chef Leo will personally create and prepare a very, very special surprise five course nouvelle cuisine menu. Cocktails are served from 7.30 p.m. in the Music Room, and at 8.30 p.m. sharp, dinner will168 words
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Advertisement178 1980-09-11 8 The American Express Card serves you well wherever great food is served Welcome To apply for the American Express Card, call 2358 133. OMBO'i J AEC 13 J a "^1 Come along Reia> and tje entertained t>> one ot S<ngapore s rising sta f s Lynn vnth the Love Birds178 words
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BANKING AND FINANCE
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453 1980-09-11 9 ALVIN TAY - By ALVIN TAY KHONG GUAN Commodities, set up recently to invest in gold futures, hopes to trade in other commodities such as sugar, cocoa, wheat, corn, oats, soya beans and palm oil in the near future. A company's spokesman said the demand for453 words
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242 1980-09-11 9 LEAD-MANAGER Singapore Nomura Merchant Banking announced that the US$2O million issue of floating rate negotiable certificates of deposit (FRCDs) by Bangkok Bank has been oversubscribed. Eighty-five per cent of the FRCDs was placed in Asia, particularly in Singapore and Hongkong, and the remaining 15 per242 words
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Article214 1980-09-11 9 THE PHILIPPINE central bank has started issuing fortnightly guideline rates for special credits and longterm loans to support measures for a expanded banking system now being introduced. One new reference rate, effective Sep 1 to 15, is 17 per cent for special credit accommodations or lender-oi-last-resort214 words
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Article101 1980-09-11 9 CITIBANK NA started selling gold backed certificates in Hongkong from yesterday. Vice president Ira Rimerman said the non-negotiable certificates will be sold in half ounce, one ounce and one kilobar denominations and each will be backed by numbered 999.9 pure ingots. Investors can opt for gold to101 words
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Article, Illustration204 1980-09-11 9 THE DEVELOPMENT Bank of Singapore (DBS) has implemented another service for their customers. The new 'quick cheque deposit' allows instant cheque deposits into current or Autosave accounts at all DBS branches. Customers only have to complete the usual deposit slip, attach their cheques to the slip,204 words
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Article105 1980-09-11 9 A SENIOR vice-president of the Bank of America group, Mr Richard Manderbach, is here in Singapore for a three-day visit. The purpose of the visit is to update himself on local developments in the energyrelated indsties. To this end, he will be having talks with top executives105 words
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Article65 1980-09-11 9 KOREA Long-term Credit Bank (KLCB) will start drawing tomorrow on the US$4O million loan signed with Korea Associated Finance Ltd (KAF), Hongkong subsidiary of Korea Exchange Bank, to help finance imports of capital goods for the export industry. The loan is for eight years including a two-year grace65 words
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Article288 1980-09-11 9 PROJECT financing is becoming an increasingly attractive form of financing large, capital-intensive projects because conventional methods are now inadequate to meet the large capital outlays needed for new projects. Speaking at a conference on Business Opportunites in Colombo last week, Mr James Wiesler, the head of288 words
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EUROPEAN MARKETS
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Article169 1980-09-11 9 SKPT 09 Fls ABN ***** 1.5 Ahold 69 30 0.3 Akio 22 20 unch AMEY 87 50 -1 Amlil Ainrobnk 65 40 0.4 Bergoss 38 00 1 Berk 84.00 -1 Bols Borsunnj ***** unch Burhmann 66 60 -0 4 Byenkorf t'aland Calve Delft 164 00 -07 l)eli Mij Ennia169 words
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Article282 1980-09-11 9 SEPT 09 Frs CORBEILLE Air-l.iquide 467 SO Z5 B S N Gervais Danone 1030 -10 C S K (Thomsont'sf> 502 -2 Cie Krancaise des Petroles 234 0.5 Compagnie Kinanclere Compagnie 394 90 14 Generate Credit Foncier lie Kranee 435 10 5.1 Hue he tie (Libraine) 255 50 -2 Machines282 words
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Article227 1980-09-11 9 SEPT 09 Dm Ai*ft-T>lelunken 8800 -0.3 Akzo 20 00 -07 All* Lrtrn 1050 00 unr All/ Vrr> 445 00 -2 BASK 128 80 -1 B.i> H T W Kill it 1255 SOB Bay Vbunk 309 50 -1 B.i vrr ***** -01 BBC" 289 OOB BMW 13 UUU Cassella 330227 words
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Article97 1980-09-11 9 SEPT 09 FYs FORWARD MARKET Airr 286 unch Arbrd 1400 -2 Astur 400 unch Brascan 738 -2 Bru-Lamb 1194 unrh Can par 1200 8 Cock 193 -7 De Beers 340 14 Ebes 1825 unch Elect robe I 5870 unch Gb-Inno-Bm 2290 •10 Ofv 1276 26 Ho boll 2440 Petro97 words
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Article102 1980-09-11 9 SEPT 09 Lire Amc 9 SO -05 Assoc Gen T7500 -850 Baslogi 578 -t Central? ***** -320 Fiat 2014 >19 Kinsider 90 •2 Gfn Immob 1920 -34 in Pri 2895 10 Italcementi ***** -470 Iialga* 1120 -295 ItaWider 350 1 Magneti M Pf 510 -25 Marrlli Ere 329 -4102 words
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127 1980-09-11 9 Reuter JAPANESE Prime Minister Zeake Sasaki has agreed sa a policy la reby twe trilHoa yea la flaeal 1981, startiag aext April. Geverameat saareas said the apewwat emerged tram a meeting sa Maaday betweea Mr Basakl, rating liberal Democratic Party (LDP) leaders aad CahiaetReuter - 127 words
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Article507 1980-09-11 9 THE US dollar strengthened slightly against sterling in an otherwise quiet foreign exchange market yesterday. Dealers attributed this dollar strength to the latest UK h*mring figures which showed a slowdown in loans in the country. This indicated a possible reduction in the UK's prime lending rate. Sterling opened507 words
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Article370 1980-09-11 9 STERLING remained the centre of attention in early trading here yesterday in the wake of Tuesday's banking figures for August and accompanying Treasury statement on monetary policy, dealers said. The UK currency recovered to U552.4017/27 after hitting an early low of 2.3965/65 compared with a late Hongkong 2.4025/32 and370 words
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Article313 1980-09-11 9 SINGAPORE gold futures yesterday continued higher compared with Tuesday's closing in hectic trading, dealers said. Opening prices were quiet but the market advanced in afternoon trading on speculative buying, short-covering interest and lack of sellers, they said. Total sales for the day was reported at 281 lots with interest313 words
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Article41 1980-09-11 9 FRANKFURT exchanges opening quotes on Sep 10: US 1.7768/76 (1.7774/82) I* Stg 4.267/277 (4.275/285) Can —1.5286/5301 > DO-91.87/97 S Fr 109.07/20 t Lit 2100 03 F Fr 42.94/43.04 N Kr 36.92/97 B Fr (con) 6.220/37 B Fr (fin) 6.170/180 Yen 0.8193/820641 words
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Article171 1980-09-11 9 THE US dollar weakened against major currencies in very quiet late trading yesterday, dealers said. Interest again focused on sterling, with European operators buying the british currency to take profits after its recent slide, pushing it up to U552.4025/32 from an early 2.3990/4000 and 2.4005/15 at Tuesday's New York171 words
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Article124 1980-09-11 9 THE DOLLAR for overnight delivery yesterday closed firmer at 216.60 yen compared with a 216.50 opening and 216.25 at Tuesday's close, dealers said. Trading was moderate, with volume US$725 millon. The dollar steadied at around 216.70 yen in quiet late trading after early firmness aided by bank buying banks124 words
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Article42 1980-09-11 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $50 million 91-day Treasury bills to be issued from Sep 15 to 19. Each tender must not be for less than $250,000.42 words
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Article22 1980-09-11 9 THE tTertge rate at which major Singapore banks are currently prepared to lend to their best customers is 11 per cent.22 words
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Article174 1980-09-11 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Sep 10: US DolUr*<8pot) Offer Hi 7 day* 10% 10% 1 month 10'4 10*4 2 months 111/16 1015/16 3 months 1111/*****/16 6 months 12 11% 0 months 121/16 1115/16 12 months 12 11% 8w.Fr*. Dm (MMdk PrtoM) 1 month174 words
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Article47 1980-09-11 9 RANGE at prices ottered by discount houses on Sep 10: Overnight: 5% to 1% Call deposits 6V<% to 7% Closiu Birimf Selliaf 3-month Treasury bills 7 6H 3-month Bank bills 9W 9H 3 months CD 9H 9W 6 months CD 9W 9H Source: National Discount Co47 words
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Article62 1980-09-11 9 QUOTES on the Australia and New Zealand exchanges on Sep 10: AUSTRALIA: US dollar 1.1719/1.1671 Sterling 0.4897/0.4841 90-day air mail buying rates: Sterling 0.5141 US dollar 1.2133 90-day forward buying rates: Sterling 0.4932 US dollar 1.1680 NEW ZEALAND: Reserve Bank midrate: US dollar 0.9841 Trading Bank indications US dollar62 words
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Article44 1980-09-11 9 ZURICH exchanges closing quotes on Sep 9: US -1.6280/6290 Stg 3.9144/9185 Can -1.3998/4012 DMk-91.5804/6728 DFI 84.1725/2582 F FY 39.3690/4122 B Fr 5.7093/7168 D Kr 29.6351/6587 NKr-33.8841/9130 S Kr 39.3262/3598 Lit 0.1926/1928 Aus sch -12.9358/9541 Port 3.2862 49 Spain 2.2312/2341 Arg 0.0800/0900 Yen 0.7519/752944 words
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Page 9 Advertisements
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Advertisement584 1980-09-11 9 BERNARD GOUEREC GETS 19 OUT OF 20 A\odestbutbnllicrTtfrenchchefbringshisNouvelleOjisinetoSingcpone For my money. Bernard is the best thing to come out of Brittany since 1066. He only has to talk about Nouvelle Cuisine to make your mouth water. According to Bernard there are only a dozen or so truly great restaurants in584 words
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1564 1980-09-11 10 BUSINESS DONE ON THE SES THE KLSE BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units, unless otherwise specified. BECTION ONE INDUSTRIAL COMMERCIAL Acpa (3.388) (1) 1381,564 words
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Article171 1980-09-11 10 SINGAPORE UNTT TRUST OVMONTMHJ (MMpn* fridi tar Sap U) (Managan' prtaaa tar Sap U) The Commerce 2.98 3.13 I nk* Spore Fund US 120 The Savings Fond 1.91 101 INCOME BOM > UNIT S pore Prog Fund IM L« (Carnal pal MB) S pore Sec. Fund 110 lllxd171 words
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Article2822 1980-09-11 10 1980 Gr's Gr". Net Last Div Div Ynd P/E Vol Dav High Low Company Sale or- C'vr COOO) High Low 1-' SECTION ONE ;1« INDUSTRIAL COMMERCIAL 3T0 245 Acma 340 +2 15.0 2.8 4.4 13.4 2 340 338 218 220 Alcom 2Slcd 12.0 2.5 4.7 142 1192,822 words
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Article1709 1980-09-11 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number oI shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUSTRIALS Aeaa (3.388) AMmmmtt (3.J08) AIM (180B) (3) 2.54 cd AMx mm1,709 words
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Article, Illustration730 1980-09-11 10 THE Sagapsre atoek market staged aa aB-raaad meat to dan*. After three maaiuiHn) days ea the dewatan, laeal eqattles flaally made a dec*, rive raa-ap aad by the Baal hell, eeaAdeaee seemed Aldlag the rally waa the Haag Seag iadex's 41.41 psiat Barge to 1211.13730 words
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Article564 1980-09-11 10 THE Kuala Lumpur stock market rallied in moderate trading to close broadly higher yesterday, after five consecutive session of downturn. Renewed buying interest was evident in several counters but trading was still slightly cautious as investors pondered whether the market has undergone a full correction. The564 words
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COMPANY NEWS
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579 1980-09-11 11 LEE YOKE MENG - By LEE YOKE MENG MAINTAINING the creditable pace of last year, Jurong Cement is set to report more promising results for the first-half of the current financial year ending March 31, 1981. Domestic demand is projected to increase along with better prospects on the579 words
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649 1980-09-11 11 FT THE UK Stock Exchange Council is pressing ahead with plans for the proposed Unlisted Securities Market. But, heavy pressure from market users has forced major changes to the rules envisaged in last December's discussion paper. Draft rules are being circulated confidentially inFT - 649 words
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Article204 1980-09-11 11 HOTEL Negara has turned in another half year of comfortable earnings and looks like staying well in the "black" for another year. Tucked away in a corner of Orchard Road, this small hotel had its first peek at profits two-and-a-half years ago after five consecutive204 words
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Article189 1980-09-11 11 SHAREHOLDERS have unanimously approved the sale of Kempts* entire holding of 29.4 million shares of 50 cents each in Highlands and Lowlands to Permodalan Nasional at $2.55 each. THE shares of Southern Malayan Tin, Southern Klnta and Lower Perak Tin will be removed from the official list of189 words
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LATEST RESULTS
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48 1980-09-11 11 dropped slightly to $2.43 million ($2.89 million) for the first six months of this year. But group turnover rose to $45.61 million from $34.7 million previously. The directors have declared an interim dividend of 4 pa- cent less tax (3 per cent).48 words
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Article32 1980-09-11 11 group pre-tax earnings for the first six months of this year rose substantially to MJ613.619 from $282,910 previously. The group's sales turnover, however, fell to $5.01 million from $5.8 million.32 words
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231 1980-09-11 11 Lower raw material costs boosted group pre-tax trading profits of Khong Guan Holdings Malaysia some 38 per cent higher to $1.77 million in the six months to June 30, 1960. On the other hand, its investment income dropped by 6.7 per cent to 1228,740231 words
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Article537 1980-09-11 11 3308CL» by HOCK LOCK SIEW HAW Par's sizzling interim results announced yesterday were not the least unexpected. But the question that remains on everybody's lips is: What will it do with all the money raked in from its recent disposal exercises? And managing director Stacey Ellis, a manby HOCK LOCK SIEW - 537 words
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593 1980-09-11 11 ALTHOUGH Malaysian Plantations has done well in the first-half of the current financial year, the group's full year earnings may be affected by the dull prospects for rubber and palm oil prices. Unaudited pre-tax profits in the six months to June 30, 1980, rase by593 words
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Article240 1980-09-11 11 GUTHRIE Ropel has reported a slight improvement in interim earnings following higher output of rubber and oil palm products. Unaudited group pre-tax profits for the first half-year ended June 30, 1900 rose by 8 per cent to $11.52 million. The directors have maintained its interim dividend at240 words
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Article313 1980-09-11 11 Date La HPUlTw Cempeey Pertnd i—mi Net EP8 Grans Pre-tax I 1 (cents) Dir. mat KiiHm <%) (rm> I 6/7 12.1 24 16,993 UOL I a/T 4.3 5 9,528 Ungui F a/8 1.9 3.8 517 Haw Par I 29/8 6.4 7 12.446 K G Hold I 12/1 24.1313 words
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Page 11 Advertisements
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Advertisement160 1980-09-11 11 MANPOWER AVAILABLE HARD WORKING LABOURERS, INTELLIGENT CRAFTSMEN AND ENGINEERS ARE ALWAYS AVAILABLE AT VERY SHORT NOTICE FOR ALL PROJECTS CONSTRUCTION MAINTENANCE ADMINISTRATION COMMUNICATION CATERING RAILWAY SHIPPING TRANSPORT GARAGES HOSPITALS AIR LINES AND OTHER DEPARTMENTS ALSO LADY WORKERS FOR FACTORIES. TAILORING AND AS MAIDS. ETC. WE ARE ONLY AT YOUR TELEX160 words
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Advertisement361 1980-09-11 11 How per HAW PAR BROTHERS INTERNATIONAL LIMITED INTERIM RESULTS 3QTH JUNF 1980 The unaudited results for the six months ended 30th June, 1980 together with the results for the corresponding period in 1979 are shown below: Profit before taxation after deducting minority Merest* Extraordnary Items Profit attributable to shareholder* before361 words
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Article451 1980-09-11 12 MULTTNATIONAL corporations have urged the governments of Asean countries to spell out clearly their investment priorities and adhere consistently to policies and regulations once they have decided on them. The call was made at the conference on MNCs and Asean Development in the 1980s which451 words
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205 1980-09-11 12 AFP LAOS has banned cargo flights by Thailand's flagcarrier from overflying its territory. The ban, which applies to the vital Amber One route to Hongkong, was meant to be a "bargaining chip" in the current ThaiLao border tussle, said an official of ThaiAFP - 205 words
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255 1980-09-11 12 Reuter INDONESIA, which had hoped to become a major urea fertiliser exporter this year, may import up to half a million tonnes to meet its demands over the next 14 months, leading industry sources in Jakarta said. Soaring domestic demand following record rice harvestsReuter - 255 words
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Article337 1980-09-11 12 INDONESIA aims to persuade the Organisation of Petroleum Exporting Countries (Opec) to maintain uniform prices at the meeting in Vienna next week. Dr Adimir A din, secretary of the directorate general of natural oil and gas said that unless such a policy was accepted by all the337 words
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259 1980-09-11 12 CREDITS advanced by banks and finance companies in Singapore continued to rise in July to reach the year's highest levels. The latest figures issued by the Department of Statistics showed a $251.5 million Jump in bank loans and advances (including bills financing)259 words
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83 1980-09-11 12 CALTEX'S controversial CX-3 advertisements will soon reappear but with some modifications. This followed a meeting between the company and the Advertising Standards Authority of Singapore (Asas) yesterday. Caltex withdrew the advertisements temporarily last week following Asas' ruling that they were misleading. Describing the discussion as83 words
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Article824 1980-09-11 12 LONDON, Wed. Share prices closed mixed in moderate trading while government bonds firmed after yesterday's banking figures. At 3 pm the FT index was up 0.5 at 504.4. Industrial leaders were a penny to 4p either side of last night's closing levels though Ferranti remained firm rising 17p824 words
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Article, Illustration57 1980-09-11 12 American comedian Dick Gregory holding aloft a box of US-made Instant Grits' he says he bought In Teheran to demonstrate the ineffectiveness of the American trade boycott of Iran. Gregory left Iran after a four-month fast to draw attention to what he believes is the imminent threatAP photo - 57 words
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277 1980-09-11 12 Reuter HOT money may be a dominant factor currently supporting the Hongkong dollar, considered by many analysts to be too high given the uncertain trade outlook, senior foreign exchange sources in Hongkong said. Though not a sustained flow, the fugitive money has beenReuter - 277 words
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341 1980-09-11 12 Reuter BRITISH Ley land's new Mini Metro car, on which the future of the statebacked manufacturer could depend, will be more economical in fuel consumption than its rivals, according to official petrol consumption figures announced in London yesterday. The new car, whichReuter - 341 words
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Article62 1980-09-11 12 JAPANESE car makers have agreed to maintain prudent marketing policies to ease trade tension over rising car exports to Britain, but stopped short of setting voluntary quotas. The Japan Automobile Manufacturers Association also forecast that the Japanese share of the British car market would level off62 words
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Page 12 Advertisements
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Advertisement191 1980-09-11 12 ADVtKTWEmMT Mother Gets Big Reward What kind of man gives his wife a vacuum cleaner for her birthday? asks an advertisement for gold jewellery. Well it looks as if Singaporean husbands have read it and are getting the message. A leading woman's magazine recently interviewed housewives to find out why191 words
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Advertisement749 1980-09-11 12 JAPANESE MANAGEMENT SEMINAR IF JAPANESE MANAGEMENT WORKS WHAT CAN SINGAPORE LEARN FROM JAPANESE EXPERIENCE? SHANGRI-LA HOTEL ORANGE GROVE ROAD, SINGAPORE INTRODUCTION Today, even the U.S.A. and E.E.C. admit that Japan is a 'economic super power'. But what Snakes this miracle possible? This Japanese Management Seminar analyses Japan's management philosophy its749 words
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Page 12 Miscellaneous
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Miscellaneous61 1980-09-11 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Light rain in early morning. Report for U hews prior to p.m. m September II at the atrpert. Maximum temperature 31.3 Associated humidity 62 Minimum temperature 22.7 Associated* humidity 93 Hours of sunshine 5.55 Rainfall in millimetres 2.3 Total rainfall61 words
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SHIPPING TIMES
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PORTSIDES
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Article70 1980-09-11 13 Reuter ISRAEL'S national carrier, Zim Shipping Lines, has ordered two 166,000 ton bulk carriers from a European shipyard at a cost of US$lOO million. Zim did not name the shipyard involved, a normal practice to avoid possible repercussions against the builders for trading with Israel. TheReuter - 70 words
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Article70 1980-09-11 13 Reuter SOUTH Korea's Daewoo Shipbuilding and Heavy Machinery Co will receive next month a US$3O million syndicated loan managed by J Henry Schroder-Wagg and Co Ltd of Britain. The loan, to help finance the Okpo shipyard on the southern island of Kojedo, is repayable over eight yearsReuter - 70 words
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Article127 1980-09-11 13 Reuter OCEAN freight rates for Pacific north-west/Far Eastern shipment continued to hold steady, trade sources said. However, heavy movement of rail corn from the east and local hard white wheat to west coast ports kept basis bids for rail delivered grain under pressure, cash grain traders said.Reuter - 127 words
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601 1980-09-11 13 LINDA CHEE - By LINDA CHEE SEMBAWANG and Keppel Shipyards have denied the possibility of a merger between the two largest government shipyards in Singapore. Refuting a report by the UK monthly magazine, "Shipcare and Maritime Management" that the Ministry of Finance had directed the yards601 words
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189 1980-09-11 13 AFP AN Athenian tanker flying the Panamanian flag, Mt Houssam B has been detained in Tanjung Priok Port since Sep 3 for allegedly stealing Indonesian oil, reports the Indonesian daily newspaper, Sinar Hharapan ("Ray of Hope"). The tanker had been under a one-year charterAFP - 189 words
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Article601 1980-09-11 13 SWppUg Liae PM® CM Adriatic IV 5 Afea VI 3 Afro-E'irasia vn 1 All trans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 APL m 4/5 Archipelego vn 2 Argentine IV 4 ASCL m 1 Asia Merchant IV 2 Bangladesh vm 1 Bank l.ino601 words
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443 1980-09-11 14 TWO major shipping companies will have direct access to the American Bu- reau of Shipping's computerised ship survey status system under agreements they signed with ABS and subsidiary ABS Computers, Inc. By use of teleprinters in their offices, El Paso Marine Co of443 words
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Article945 1980-09-11 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB 'jjjkssrsss* ume of r 1 u ""H** mu,t <le WM to ">* (I) Starting Ume of receiving 7 days before vessel s arrival (II) Closing time of receiving; (a) FCL CONTAINER 24 hours before vessel's arrival.945 words
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Article1528 1980-09-11 14 NORTH American grain chartering on Tuesday was very quiet with rates tending easier where changed. A heavy grain cargo from US Gulf to Tilbury received $18 fio for Sep against 19.50 previously, while $26 fio was agreed from the Gulf to Acajutla for Sep. Samisa tonnage was reported1,528 words
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Article, Illustration762 1980-09-11 15 FINNROSE, the first of five similar roll-on/roll-off vessels being built for the Johansson Group has joined the Swedish group's liner service between Europe and the US Gulf. All five are comprehensively equipped with cargo access associated gear provided by Navire Cargo Gear International of Gothenburg.762 words
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Article328 1980-09-11 15 Reuter A PROPOSAL to scrap flags of convenience in international shipping has opened up sharp divisions in a United Nations committee. Sri Lanka, speaking for the majority of developing countries, called in Unctad's shipping committee for the gradual abolition of open registry practice under which anReuter - 328 words
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Article149 1980-09-11 15 AP FOREIGN ship orders received by South Korea more than doubled in the first eight months of this year from a year ago, amounting to US$743 million for 41 ships with a combined tonnage of 819,800 gross tons, South Korean Commerce and Industry Ministry said.AP - 149 words
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Article, Illustration490 1980-09-11 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Cherry Crystal (1700 tide) 27/28 Chosei Maru (ro/ro) (after River Adada) 46 Jenson (0700 after Barge Union 37) 22 Kawana (ro/ro) (after Shoko Maru) 10/11 Kwang Chow (after Summer Sea) 29/30 Nedlloyd Ebro (after Sinaloa, required portside to) 47 Nedlloyd Maun (0630490 words
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2064 1980-09-11 19 SCHEDULE 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 Singapore. Advance dates are published at a maximum of three weeks. PN2,064 words
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Article326 1980-09-11 20 Reuter SURGE in demand for large tankers to store the present world surplus of oil has raised freitfit rates after months of severe depression. Countries and companies "have built up record stocks of oil as a safeguard against price rises and cuts in output by producers.Reuter - 326 words
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409 1980-09-11 20 LLOYD'S Register of Shipping has carried out what is believed to be the first feasibility study to determine the classification requirements for a ship to transport hydrogen peroxide in bulk. Hydrogen peroxid is a strong oxidising agent capable of rapid exothermic decomposition if contaminated and,409 words
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Article133 1980-09-11 20 The major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. 'K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines. Neptune133 words
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Article182 1980-09-11 20 Reuter JAPANESE shipbuilders received new orders for ship» totalling 5.93 million gross registered tonnes in the first six months of this year, while builders in the EEC took 1.09 million tonnes in new orders, the Organisation for Economic Cooperation and Development, said. The Oecd figures coverReuter - 182 words
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Article222 1980-09-11 20 BOMBAY-Catamha: Simonsen and Slang AS, operators of the Norwegian Lys-Line have commented a shuttle service between Bombay and Colombo using the 1,200 dwt, 13.5 knot Lysekil which has a capacity of 70 TEU's. The sailings will be at 14day intervals and the voyage time should be three days.222 words
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Article1573 1980-09-11 20 The leading shipping lines operating from loeal ports and the agents who handle cargo bookings for them. A B Achipetegs R T Transportation (S). Adriatic CMtalaer Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Afra-Earaala liae Transgroup Pte Ltd (S). Alfred C.1,573 words
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Page 13 Advertisements
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Advertisement339 1980-09-11 13 au-smftS A great name in tire fighting Sole Agents: Borneo Sumatra Trading Co (S) Pte Ltd Approved SFB Service. Tel: *****35 m IA RI) INI \\l\H /■< Orient Overseas Co*dameA. Line lal •amnu oe 2m WTU* CORAL 2M WONG CONTMO 22N CHM con WO M s seas ami 2m icrnac339 words
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Advertisement272 1980-09-11 13 SEALORD h3 1 e jai UASC UNITED ARAB SHIPPING CO (SAG) 111* Mil 1.« 14 kV,M»U EXPRESS MULTI-PURPOSE SERVICES AHMAD AL FATEH V.19 AL MUHARRAQ V.16 28/9 Mina Qaboos (9/10) Dammam (14/10), Kuwait (18/10), Dubai (24/10), Abu Dhabi (29/10) 1/10 Dammam (16/10) 11 FULLY CONTfI NERISED SERVICE NAVIGATOR V.B GRAND272 words
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Advertisement692 1980-09-11 13 <X> cnan Algcn.m N.itiort.il Line WE SERVE MEDITERRANEAN AND ALGERIAN PORTS 4 Agents. II J VMMCinC TIMS TMIWfi MERCY FJI L 7». Tel: *****4 (5 lines) SINGAPORE MAERSK LINE EXPORT TO U S PACIFIC. GULF. ATLANTIC. EAST CANADA AND ASIAN PORTS ee<ler Vessel I p Q ri Kelanp Sakd Maesk692 words
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Page 14 Advertisements
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Advertisement955 1980-09-11 14 I i l i 1 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SJS SHIPPING AGENCIES SDN BHD PORT KELANG PENANG --T l MALA YStAN HTERNA TIOfiiAL SHPPHG CORPORA HON BERHAD HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 FramEurtpt I) G burg 2) M'burg 3) B'«n 4) Rdam 5) U H955 words
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Advertisement324 1980-09-11 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA ft«lata* Ma •25/9 •10/10 a Tar Batoy+Fa CMlatoan tirac 17-18/9 23/10 17 18/10 CM Km Jul 17/10 22/10 24/10 1/11 6/11 8/11 16/11 21/11 23/11 B'mt* N Tart Be 25/10 27/10 9/11 11/11 24/11 26/11 m St. Mr Orf.324 words
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Page 15 Advertisements
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Advertisement924 1980-09-11 15 Overseas B MB Containers Limited Weekly service to/from UK/Europe CONTAHSHP SOtWCt TO UK/CONTIEMT: Largs Bay Cardfcwßay taw Etprni Kowtoor Nay Osaka Bay j*r» Ray 12 Oct tNagkang Eiprns It Oct UmpaM by 2t Oct COWTWOSty SERVICE FROM UR/CONTMHT: tftorj Brm Ktm litem SIM PMmi S port Hnt Mt •mWv faW924 words
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Advertisement551 1980-09-11 15 Franco Belgian Services (Far Edit Freich Service uxth Belgian bar Easft rn Lines' ,< acf COnscjr' fui cowMoay sawa from bpitemwimi HAKATAMMRJ unnaMO EKCOLf LAURO S poct f KdM| B'lona Msoie Genoa Trieste 14 Sept 1( Sept lOd 3Od sOd 12 Od ERCOU LAURO 23 Sept 25 Sap* 10 Od551 words
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Page 16 Advertisements
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Advertisement609 1980-09-11 16 u TO NORTH EUROPE Largs Bar c«4»a*T Mmm E*nat MM 11 TO mnuuwEA Hapag-Uoyd EXPORTS Antwerp 5/10 7/10 8/10 10/10 «/to a/io 9/10 u/io 10/10 12/10 13/10 15/10 13/10 15/10 16/10 18/10 5/10 12/10 14/10 21/10 TO USA/CJWMP4 J J l J*.. Pan Bdbao Onoj H'burt Bha»er Rdam Antwerp IS/!609 words
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Advertisement568 1980-09-11 16 KOREA LINE SHIPPING CORPN t Keianf PENANG STORE AIT All 1551 V 15-17 S«pt 11-20 S«pt 21-24 S«pt FROM BUSAN BANGKOK ALTAR 156E15-17 Sept 18-20 Sept 21-24 Sept TO BUSAN VEGA 153W 20-24 Oct 25-21 Oct 29-31 Oct FROM BUSAN BANGKOK VEGA 154E 20-24 Oct 25-28 Oct 29-31 Oct TO568 words
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Advertisement453 1980-09-11 16 EVERGREEN LINE r FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR: HAMBURG, FEUXSTOK. ROTTERDAM. ANTWERP LE HAVRE ALSO ACCEPTMG CARGO FOR: UMTEO KMGOOM SOUTHAMPTON, IONOON. MANCHESTER. QRMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY S9UAND AMSTERDAM S* MS* t Oct 4Od 7 Oct I Oct EUROPE FAR EAST EXPRESS453 words
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Advertisement973 1980-09-11 16 Everett Lines Burnt Fhft Star SNippim Carpn. JBk "BURMESE NATIONAL LINE" LOAOM6 FOR RANGOON nmm PJUk* tar momrm u/u«* mmmrm ivu sm i«/m sapt UMMtRBCMTTMM pnmmotamyma 21/22 sapt i7/u Sapt pm* is msapt B F.S.S.C Aj«nh n Motoyvo BOUSTEAD SHPHNG TO. NOS. KL *****2/*****9 CwiSj* Caipwh Aumti— Pi Ijmj* Atavaaacion973 words
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Advertisement592 1980-09-11 16 MMMBUJHL J "EXO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE AUSTRALIA SERVICE MAY SKY MAY FRMS.. Shppm P. Mmc Lm*| Mr 29/90 S*t 1/2 Od SYD MEL, AOEL BANGLADESH SERVICE 1/2 Od 3/4 Od CWTTAfiORG JAPAN/STRAUS SERVICE SMBAPORE TEL *****44/7 I 22R1J7* K Ltara m «MM« 4M7M CONTARO ROOMS O(XM592 words
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Page 17 Advertisements
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Advertisement825 1980-09-11 17 L. PIL GROUP EAST AFRICA/REDSEA SERVICE MM SNTOSA Sri, "Oti ma n/%M Mogadiscio Hi leddah Mm Mukallj AOTA MAHA ROTA SCJATI AOTA MEGAN Sngapart PKtiang 11/21 Sept 17/20 Sept 18/20 Sept COLOMBO/KARACHI/P. GULF SERVICE ROTA RAJA 15/20 Sept Cotombo, Bombay. Karachi KOTA DtWA 25/30 Sep Mogadiscio Aden. Jeddaft Port Sudan825 words
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Advertisement781 1980-09-11 17 BEN LINE CONTAINERS EXPRESS COOT MO SERVICE TO/FROM EUROPE iae lapa* C«o|mß* hMtiprm Ukikr T*ky»Bay "■Nltaw LMwpoMßay WBURC B HAVEN Germany Austria HM| K«| Eiprtn Uri SjM T *r* M SM R OAM HAVRE SOTON &e<whii Franc* AJIU* P Kdanf bM W hM 12/9 SM faM SM 20/9 U*«pod B»y781 words
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Advertisement863 1980-09-11 17 Ti I v v i A g uyj j £u k Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE TO AM m PQMCAU/I 55^ PEMSAI3/9 rmsum 1 POMSA 17/10 *sat kp oun mat SEUMM OUKASUM KDOUM MHON TOTAMA 1^ Ml I Jj iii 5 i S I) Oar catena. Genet. latfNra863 words
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Advertisement650 1980-09-11 17 1 A i t t »gc BOUSTEAD SHIPPING AGENCIES X* BANK LINE FOR REUMON SOUTH AFRICA KUANTAN SINGAPORE •to Reunion Durban Capetown Pt Eliz STREAMBANK 16/10 19/10 1/11 8/11 16/11 14/11 (also accepting East London and Maputo cargo) Lukes Linos U.S. WEST COAST SERVICE ONd from SfO Lbch SPORE stK650 words
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Page 18 Advertisements
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Advertisement791 1980-09-11 18 K LINE t to KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES Mv Immv nmli Mm mkMi v C«|Hf acceptaMe tar (MM. Vammr MM Wk Gatmlen. New (Mum. Mm, Si Ma. FMiMgOfc. Nertt. Mfew*. inmnk. Mmm M*. TO EUROPE (accepttag c«|Mt to koteiu ni Hanbirt) FROM EUROPE TO FAR EAST *nuk791 words
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Advertisement431 1980-09-11 18 0 m (33 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAMER/REEFER SERVICE SM RMKBCO. HTTU. TACOMA. IMUMEL B C AuM*M FCL/FCL CWIMmm P UlM| Swpport L Anpte 15 Sa* MS* 12 Oct 2ts* SOd AUSTRALIA EXPRESS CONTAINER SERVICE Accept* FCL/FCL CwUwi CHfTAA* VCHVA ARRTABH "VISHVA MAMTA NEW ZEALAND SERVICE imuim MINMR i431 words
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Advertisement767 1980-09-11 18 C > I' 4 >1 I I I SINGAPORE SHIPPING AGENCIES PTE. LTD. 20TH FLOOR OCE AN BUILDING SINGAPOHE 0104 MARKETING *****2 13 LINESI GENERAL 91 3111 114 L INE S TERMINAL OF F ICE *****83 TELEX RS24S9S RS 2SS6B A B CARSHIP CABLE CARC.OSMIP IlliO ltv«|ional Container Lilies WEEKLY767 words
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Advertisement576 1980-09-11 18 aGRANARD LIME INDEPENDENT A TTRACTIVE RA TES MEDITERRANEAN SEA SER VICE ALSO ACCEPTISC CONTAIN EK CARGO PCL OSLY FOR: PORT SAID. ALEXANDRIA, BEIRUT. LATTAKIA. UMASSOL. ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge 1 MM SMS V.4M Cjfce Pwt Sa* BiM I Utfatta STRAITS/EAST ASM SERVICE S'port576 words
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Advertisement670 1980-09-11 18 INTRASEA (PTE) LTD. Fabe'House 234E Orchard Road Singapore 9 Telephone *****11 *****57 \Si VOUtXA'IiIVK REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE rpm P. Katong Panang LaaAtg tor ANANGEL GLORY NBSS 6 Oct BOULOGtt/IM(AVON) AEGB HELiOIC MM. 15 Oct 21 Oct ROTTDWM/«(A00»0 Arate Sawaoare MTIASEA (TIE) LTD 235*11 BOOKM6 *****57 K670 words
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Page 19 Advertisements
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Advertisement714 1980-09-11 19 NOL NEPTUNE ORIENT LINES LTD k\V FAR EAST/EUROPE FULLY CONTAINERISED SERVICE o tn. e *cic.™*., TO EUROPE/UK (VIA SUEZ): 0. CHEF+ It CORAL HK CONTAINER C. CONTAINER S.S. BRDGE It GARNET C. PAUL •Containers feedered to/from F'stowe Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ): Havre RDam 3/10 4/10714 words
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Advertisement151 1980-09-11 19 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP, LE HAVRE ALSO ACCEPTMG CARGO FOR: UNTIED KMGDOM SOUTHAMPTON. LONOON. MANCHESTER. BIRMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BKMEWiAVEN HOLLAND AMSTERDAM 1 ram Mn toßmtm hblwi WN) U Haw t«« In 11/9 9/U 11/11 11/11151 words
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Advertisement300 1980-09-11 19 ETA LINES (uae) CONVENTIONAL SERVICE TO PERSIAN GULF j M.V. ZULAMA 16 Sep Gnml AfMl S-pm: GRANARD SHPfMG AGENOES (S) PTE. LTD. T* *****77 (5 Lints) Dirtd Um *****37 WORLD LINE EXPRESS REGULAR SERVICES JAPAN/HONGKONG/STRAITS BASCA L-56 S«pt. 14/15 TEMA L-62 Sept. 18/19 BLACK WHALE L-44 Sept. 25/26 CATTLEYA L-7300 words
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Page 20 Advertisements
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Advertisement323 1980-09-11 20 MALDIVE LINES ETA KUANTAft ETA PORT KELANG MALDIVE HOHER Sailed In Port Loading for Ad«n MALDIVE COURAGE 10/9 Loading for Chittagong and -Chalna/Basrah MALDIVE MPORTER 20/9 -r Loading for Kuwait MALDIVE NATION 15/9 20/9 Loading for Basrah MALDIVE LOYALTY 20/9 27/9 Loading for Dammam MALDIVE NEHfIOUR 25/9 28/9 Loading for323 words
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Advertisement360 1980-09-11 20 MAC-NELS£T G E ENCIES LTD VOEPEMKMT RATE QUOTED ON APPLICATION OUTBOUND/INBOUND-FCL-GROUPAGE SERVICE SPORE H'BURG ROTTERDAM UK A'WERP LEHAJWE 15/9 13/10 15/10 17/10 11/10 11/10 TO USA/CANADA S PORE OAKLAND LA VANC (BC) NEW YORK 15/9 14/10 IS/10 19/10 22/10 ALSO TO: MAJOR US PORTS/MONTREAL, TORONTO TO AUSTRALIA TO NEK ZEALAND360 words
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Advertisement116 1980-09-11 20 NOTICESj m.v. "HOKU NASI" V 4 arrived m: Stk Sfftwter, 1M Consignees of all damaged cargoes ex the above captioned vessel are notified that the general survey will be held on Friday, 12th September. 1900 at Jurong Port Godown No. 2 from 10.00 am to 3.00pm. No further survey will116 words
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Page 20 Miscellaneous
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Miscellaneous162 1980-09-11 20 Regional Weather r; fA t o<rl ZJ. k m S ri Is' 10S Shower Weather Wind direction with speed in knots R in Dew point °C Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LAKND: R Thunderstorm Temperature °C Shower Weather Wind direction with speed in162 words
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