The Business Times, 28 March 1979
1979-03-28
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The Business Times
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Title Section10 1979-03-28 1 BUSINESS TIMES M.C.(P) No. 144/1/71 WEDNESDAY, MARCH 1179 50 CENTS10 words
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BRIEFLY...
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Article86 1979-03-28 1 AFP CANBERRA, Tues. Air fares between Australia and the five Asean nations would probably be reduced by about 30 per cent, Australian Transport Minister Peter Nixon told the Federal Parliament here today. He said this was the result of negotiations which he and Foreign Minister Andrew PeacockAFP - 86 words
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Article40 1979-03-28 1 Reuter GENEVA, Tues. The United States, in what it described as a major concession, today accepted a basic pricing structure proposed by producing countries for an international pact to stabilise markets and prices for natural rubber. ReuterReuter - 40 words
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Article61 1979-03-28 1 Reuter LONDON, Tues. British Prime Minister James Callaghan today gained three vital votes from Welsh Nationalist MPs in a last-ditch attempt to keep his minority Labour government in power. But the odds still appeared to be weighed fractionally against his survival in a knife-edge vote of confidenceReuter - 61 words
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Article32 1979-03-28 1 Reuter MANILA, Tues. An emergency petroleumsharing scheme among Asean countries will be the centra] topic of the Asean Council on Petroleum meeting which opens here tomorrow, a spokesman said. Reuter.Reuter - 32 words
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Article44 1979-03-28 1 Reuter TEHERAN, Tues. Fierce street fighting raged today in the Iranian town of Gonbad Kavus near the Soviet border between army troops and Islamic militia on one side and guerrillas of the Turkoman ethnic minority seeking a greater measure of self-rule. ReuterReuter - 44 words
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Article50 1979-03-28 1 AFP MANILA, Tues. Asean today signed an agreement to speed up implementation of its industrial complementation projects. Philippine Industry Minister Vicente Paterno said at the signing ceremony that the shareholding arrangements in the projects had been agreed upon, and these would be signed next week or mid-April. AFP.AFP - 50 words
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Article75 1979-03-28 1 AFP JAKARTA, Tues. The Indonesian government today announced new tax reforms aimed at boosting production and investment during the third five-year development plan starting on Sunday. The new taxation policy is intended to create a sound tax climate rather than raising state revenues, Finance Minister Ali Wardhana said.AFP - 75 words
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Article62 1979-03-28 1 AP NEW YORK, Tues. The stock market was mixed in the early going today as traders studied pricing decisions of the oil-exporting countries. Declines took a slight lead over advances in the first tally of New York Stock Exchange-listed issues. But the Dow Jones average of 30 industrialsAP - 62 words
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Chief Price Changes
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Article137 1979-03-28 1 Rises Aokam 340 16 Sungfi Bui 925 15 W Cables 115 13 Tronoh Mines 865 10 H Msia 250 10 M Flour 258 6 Bolton 167 6 W Jacks 140 6 M Breweries 575 5 Glenealy 189 5 Falls Sin Chew 366 -12 O C B C 875 -10137 words
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Article, Illustration144 1979-03-28 1 Falls A Hitam Tin 1190 -80 Caslefield 1280 -20 OCBC 885 -10 Olympia 160 -08 Kuchai 184 -06 M Cement 300 -06 Shell 304 -06 Rises MBS 254 24 PChem 330 20 DBS 470 16 M Flour 262 11 Sg Besi 940 10 L Perak 324 06 Most144 words
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Article742 1979-03-28 1 COLIN CHEE - BOON FOR FINANCIAL CENTRE By COLIN CHEE BANKS in Singapore may soon become a part of an international communications network SWIFT that is-expected to save them millions of dollars and enhance the Republic's stature as a financial centre. Negotiations are going on between the742 words
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Article237 1979-03-28 1 SINGAPORE is still drawing in tourists and the ill effects of the recent introduction of Australia's new aviation policy were yet to be felt in January this year. Singapore Tourist Promotion Board statistics for January show that the greatest potential lies in the smaller markets such237 words
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781 1979-03-28 1 GOH ENG KEE - By GOH ENG KEE IN THE fullness of time, Singapore will build a very good education system given the resourcefulness of the people and their ability to get out of many predicaments that would have overwhelmed a less enterprising people. This optimistic note was781 words
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302 1979-03-28 1 SIME Darby Heldlags has Iwt the fettle for eeatral af Gathrfe Cerperattoa. At the elate af the effer far Gathrfe stores la Lmdea yesterday, Slme was aUe to master sappart tram shareholders which, laeladlag Its ewa Interest, amaasted to aaly 44.8 per eeat302 words
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Article322 1979-03-28 1 AFP Reuter THE PRICE of oil from the Organisation of Petroleum Exporting Countries will be increased by 8.7 per cent to U5514.50 a barrel on April 1, the Qatar Oil Minister, Sheikh Abdul Azziz AI-Dhani, said in Geneva yesterday. The decision was taken at aAFP; Reuter - 322 words
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Article210 1979-03-28 1 Reuter FOREIGN exchange jitters bit the Hongkong dollar again yesterday but the colony's currency just missed crashing through the psychological barrier of five HK dollars to one US dollar. In a day of thin and nervous trading, it plummeted to 4.99 against the US currencyReuter - 210 words
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Page 1 Advertisements
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Advertisement29 1979-03-28 1 whatever you need in menswear,getitat... IffiHma® MOHAN'S DEPT. STORE (PTE.) LTD. 321, Orchard Road lei *****22 (next to Mandarin Moto) Branch: 101, lanfiinShoppine Centre IN *****40 Daily :9am-9 pm29 words
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Advertisement248 1979-03-28 1 ■*35 McCarthy Information Services (UK) We invite the Singapore business community to subscribe to the UK-based McCarthy Information Services at the same price as British subscribers receive these weekly services in the United Kingdom. This has been made possible because the services are air freighted to Singapore in bulk and248 words
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Advertisement24 1979-03-28 1 SEE BACK PAGE SHIPPING TIMES abu Dhabi fcasimtm centre DUNLOP Estates dm a M GAO Names Treasuy far aatttttfeal f srce JORDANIAN bask ■U24 words
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Advertisement189 1979-03-28 1 _~[~^):*{),-`?]{?}~^,,::',>)-/? Leader ...Page I The desk dial keeps your accounts up to dale and you out there earning If you're in business, imagine: Your accounts always up to date. Your invoices calculated and completed. Statements prepared. The payrolls done. Ledgers controlled. Stock records kept. All on one machine and completed189 words
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TRADE AND INDUSTRY
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Article, Illustration567 1979-03-28 2 TEO TECK WENG - By TEO TECK WENG LOCAL businessmen have been invited to participate in a trade and information centre that will be set up this May in Abu Dhabi (a member of the United Arab Emirates). The centre is a private venture by businessmen in567 words
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Article207 1979-03-28 2 O M wins over PIA OGILVY and Mather Singapore has been awarded a world-wide advertising campaign for Pakistan International Airlines (PIA), after two years of association with the airline as its Southeast Asian regional agency. The account was awarded early this month after a presentation made by the company to207 words
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Article98 1979-03-28 2 THE United States International Marketing Centre (IMC) in Singapore will organise a techical seminar for the electronics industry in the five Asean countries. The event, organised in conduction with EPAT '79, a regional US trade exhibition of electronic products, will be held at the IMC from April98 words
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Article45 1979-03-28 2 THE JURONG Country Club has stopped accepting applications for golfing membership as the desired intake of about 50 new members has been exceeded. The club recently reopened applications for a limited number of transferable golfing memberships at an entrance fee of (10,000.45 words
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Article, Illustration178 1979-03-28 2 THERE mut be omit twUct tad "deeper aaderstaadlag" between Onlaa ud Siagapare, especially new that Omaa Is aadergsiag rapid ecs■•mie develspmeat, said Btagap»re's actlag Minister far Caltare, Mr Oag Teag Cheaag, darlag yesterday's opening sf aa exhibit!**, "Omaa Yesterday aad Tsday" at the Hyatt Hatel. The exhlhtttaa was178 words
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378 1979-03-28 2 GOH ENG KEE - By GOH ENG KEE A LEADING Malaysian rubber producer has described as "atrocious" the 60 per cent increase in freight rate charged by a Singapore freight forwarder firm over the past year for shipping latex to Australia. "Perhaps, you should appear in the Guinness378 words
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204 1979-03-28 2 A REINSURANCE association has been formed in Singapore to cater to the needs of reinsurance companies here. The Singapore Reinsurers' Association (SRA) will provide a common platform for the increasing number of domestic reinsurers and reinsurance underwriting consortia. International reinsurers using Singapore as204 words
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Article488 1979-03-28 2 COURSES AND TALKS Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC Mar 1-31: International Labour Organisation residential course, RELC, ILO of Singapore. March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development Mar 20-April 6: Manpower Planning and Employee Recruitment, Holiday Inn, Personnel and488 words
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Article128 1979-03-28 2 GOETHE Institut Singapore has offered six scholarships to students and teachers to take courses in West Germany. Two $45,000 scholarships for a two-and-half year teachers' training course in Munich have been awarded to Miss Lim Yew Lian and Mr Misruddin Anwar. Both have left for Munich in128 words
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Page 2 Advertisements
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Advertisement13 1979-03-28 2 7, A u For a good old-fashioned Our silver wagon succulent roast carefu13 words
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Advertisement64 1979-03-28 2 INDEPENDENT CONSOLIDATION SERVICE TO: EUROPE, TAIWAN, HONGKONG, AUSTRALIA SAVE ON SHIPPING COST CARGO BY PRACHT SPECIALISED IN SEAFREIGHT CONSOLIDATION SERVICE WAREHOUSING GENERAL SEA FREIGHT PROJECT SERVICE AIR FREIGHT REMOVAL SERVICE GALL: *****88 5 lines PRACHT INTERNATIONAL LTD. Suite 1301/1304, 13 floor, Tunas Bldg., 114 ANSON ROAD, SINGAPORE, 2 CFS: NG64 words
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Page 2 Miscellaneous
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Miscellaneous631 1979-03-28 2 CRYPTIC PUZZLE ACROSS 1 Terrier Town (6) 7 He may well be the first go! (8) 8 A bugle-call with little impact (4) 10 Strode around the county 11 One material you can have whenever you like (2,4) 14 Always five short (3) 16 Of sound nature (5) 17 Bound631 words
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REGIONAL
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404 1979-03-28 3 UPI THE REFUGEE tide from Vietnam has slowed in recent weeks, allowing resettlements from several South-east Asian countries to spurt ahead of new arrivals for the first time in months. The trend, together with plans to set aside an Indonesian island as a processingUPI - 404 words
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Article, Illustration94 1979-03-28 3 CHINA these days is being swept by the permanent waves of revolution of the beauty parlour variety, that is. Just weeks alter blushing Chinese ladies were exposed to the likes of Pierre Cardin, women are beginning to let their hair down literally. Scores of them were94 words
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Article288 1979-03-28 3 A MALAYSIAN-Indian joint venture, Nalin Industries Sdn Bhd, has raised a Ms 9 million loan from the State Bank of India, American Express International Banking Corporation and Pacific Bank Bhd to embark on a palm oil refining and fractionation project in Pasir Gudang, Johore. The State288 words
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463 1979-03-28 3 AN 11-MEMBER mission from the British Hardware Manufacturers Association is now in Malaysia as part of the stepped-up British export drive to recapture its once dominant share of the market there. The mission, an example of the renewed interest in the region463 words
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173 1979-03-28 3 AFP AN INDONESIAN plantation expert charged that foreign consultants had received a commission fron the sale of Malaysian oilp&m seeds to Indonesia and had insisted on use of the imported seeds despite their being inferior to Indonesian seeds. Antara News Agency reported yesterday.AFP - 173 words
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151 1979-03-28 3 Reuter PAKISTAN has decided to create two special zones exempt from the country's fiscal laws and aimed at attracting export Pakistan Commerce Minister Mian Zahid Sarfraz said. He said the export processing zones, centred in Lahore and Karachi, would conduct business in foreign exchange ratherReuter - 151 words
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Article131 1979-03-28 3 Reuter BOW Valley Industries has abandoned its second exploratory well off Vietnam as a dry hole. Drilling was halted at about 1,500 metres last Saturday without encountering oil or gas and the semi-submei-sible rig, Dan Queen. was released and returned to Singapore, a company spokesman saidReuter - 131 words
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Article69 1979-03-28 3 A STATE-OWNED rubber plantation in north Sumatra has started applying a new acupuncture-style method of latex tapping, to gradually i-eplace the old method of "upward tapping" which involves cutting a grove in the bark to channel the latex into a cup below, it was i-eported in Jakarta69 words
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Article173 1979-03-28 3 AFP THE Japanese fishing delegation which has been in Australia for negotiations on access to Australia's 370-km economic zone has returned to Japan empty-handed without having finalised an agreement. The Japanese had expected negotiations, now in their sixth month, to be concluded by last week atAFP - 173 words
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130 1979-03-28 3 AFP JAPANESE badness corporations are expected to chalk up doable-dlglt profit galas la the semiannual basiaess tern endlag Mareh 31, according to prajeettoas compiled by f«nr majar securities companies. All fear, Nomara, Dalwa, Yamaiehl aad Wake, alaa fareeaat aa appreciable rise la sales frsmAFP - 130 words
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Article37 1979-03-28 3 Reuter JAPANESE Prime Minister Masayoshi Ohira's popularity has dropped by 5.4 per cent to 46.1 per cent in the past three and a half months, according to a survey published yesterday by Kyodo News AgencyReuter - 37 words
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Article442 1979-03-28 3 UPI JAPANESE Prime Minister Masayoshi Ohira will make an eight-day visit to the United States beginning on April 30, conferring with President Carter at the White House on May 2, the government announced yesterday. The announcement said Mr Ohira will first fly to Washington andUPI - 442 words
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Article, Illustration159 1979-03-28 3 Reuter VICE-PRESIDENT of the European Economic Community (EEC) Commission, Mr Wilhelm Haferkamp, has expressed regret that Japan has indicated no concrete measures to reduce its huge trade surplus with the ninenation EEC, the Japanese daily newspaper Asahi Shimbun reported yesterday. The Asahi quoted Mr Haferkamp, nowReuter - 159 words
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Page 3 Advertisements
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Advertisement166 1979-03-28 3 i vf I A I f a. s l- w^-' k !BSE£: V trntV'ttfCi > f; '"rv-* X "*V V* v' mKm f? *<?- $fc,% >v:.J- r*C '*i i i K|-.: t v f,v V < r «y J' -s. |VThese tiny buttons M m v. 2: At* TV V166 words
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RAW MATERIALS
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Article383 1979-03-28 4 AFP THE PRESENT strength of base-metal markets could soon evaporate as economic activity in the world "must trend downwards," the Amalgamated Metal Corporation (AMC), London-based metal brokers, forecasts in its latest review. The boom in prices "cannot continue in other than the immediateAFP - 383 words
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351 1979-03-28 4 AFP SMALLER maize crop estimates in South Africa and Brazil have resulted in the International Wheat Council (IWC) reducing its latest world production forecast of coarse grains (maize, sorghum, barley, oats and rye) for 1978/79 by about six million tonnes. The IWC now puts productionAFP - 351 words
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Article321 1979-03-28 4 OPENING quotations in Singapore yesterday were marked down slightly. Thereafter, the market recovered and rose further on demand for nearby positions particuarly April and May in fairly active trading. Speculative and trade buying together with sellers reserve also aided sentiment, dealers said. Forwards however, were neglected. The morning session321 words
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Article367 1979-03-28 4 R.A.S. prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S S prompt f.o.b. 264.25 264 75S 264 00 265 00N Int. 1 R.S S April 254.25 264.75 264.50 265.00 Int. 1 R.S S May 264 00 264.50 263.50367 words
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Article110 1979-03-28 4 NOON SSH and SMR prim vnterday RAS April May (Current Mth) (Forward Mtk> Buy era Seller* Buyer* Seller* SSR 20 (1-ton pallet! 255.00 257 00N 256.00 258.00N SSR SO II Imi pallet 1 252.00 254.0ON 25.1.00 255.00N MRELB SMR CV 11 tun pallet I 268.00 270 00N110 words
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Article30 1979-03-28 4 Rubber: March 27 Singapore: April: 264.50 cents (up 2.25 cents) Malaysia: April 267.25 cents (up 1.25 cents) Tin: $1,985 (up $15) Official offering: 255 tonnes (down 82 tonnes)30 words
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Article72 1979-03-28 4 THE STRAITS tin price in Penang yesterday rose M$lS to $1,385 per pieul. Fresh European baying and light Japanese and local demand toek the market higher with the firmer London closing and reduced tin metal offered by miners alss aiding the rise, dealers said. Total turnover (ell to72 words
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Article172 1979-03-28 4 CHICAGO soybean futures on Monday closed slightly below daily highs adding 11 to five US cents a bushel from Friday's close. The nearby May contract closed 8' 4 cents higher. Traders said commissionhouse and local buying and the rise in Chicago Board of Trade silver price were factors accounting172 words
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Article857 1979-03-28 4 OILBEED6: Brokers reported generally steadier oils and oilseed markets in light morning dealings yesterday. Sentiment was influenced by the closing trend in Chicago while Pakistan's interest for soy and palm oil and also gave support. Dutch soybean oil traded between one and two guilders above Monday's paid levels857 words
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Article97 1979-03-28 4 WHEAT futures in Chicago on Monday closed higher with prices rising I'* to 2 1 US cents a bushel. Trading was dominated by locals who bought May and sold July. Exporters were light sellers throughout the session. Prices were supported by higher CBT silver futures and the inflationary pros-97 words
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825 1979-03-28 4 NYT "IT WENT off the chart, and I ran out of paper." That was the comment about the surge in copper prices made by Mr Irving Louis, a senior vice president and head of the metals department at Bache Haisey Stuart Shields Inc., theNYT - 825 words
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208 1979-03-28 4 Reuter JAPAN'S Metals and Mineral Products Stockpile Association said it does not plan at preasent to release additional electrolytic copper to domestic smelters from its stockpile. At the end of February the association released 28,830 tonnes of copper at an average February marketReuter - 208 words
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Article306 1979-03-28 4 LITTLE trading was seen on the Singapore produce market yesterday. The undertone was described as generally steady to firm. The firm trend was noticeable on the pepper market. Sarawak special black, Sarawak Asta black and Lampong black continued to go up, this time by another $2.50 as sellers306 words
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Article189 1979-03-28 4 TRADING on the sugar futures market yesterday closed dull and featureless with one lot traded against none on Monday, dealers said. May closed at 8.60/68 US cents against yesterday's 8.59/61 close, July at 8.96/ 9.00 against 8.49/69 and March at 9.95/96 against 9.96/99 cents. Yesterday's spot sugar price189 words
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Article289 1979-03-28 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 pet first class (Kangaroo) new crop 0.96, 100 pet second class O.K. 100 pet third class 0.83, 25 pet new crop no stock, B-10 pet 0.75. THAI BROKEN A-super 062. Special 0.56. THAI RICE: 55 pet no289 words
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Article193 1979-03-28 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) CMtoa yam: China Blue Phoenix 20s 2.430; 32s 2,9750; 40b 3.100 (per bale of 400 lb6). Ptere (m 4» China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs uNq; Rower and193 words
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Article73 1979-03-28 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Malaysian SHffa bulk per tonne Nl&y Sumatra 5* tta. bulk March April May June 1 pd 670slr July Nigeria 5% ffa bulk stg ROTTERDAM: Sumatra Max 5 April ZaireiBelg francs per kilo) Mm Pre vims73 words
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Page 4 Advertisements
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Advertisement810 1979-03-28 4 iXj> THE DISCOUNT COMRANY OF SINGAPORE LIMITED IJfJ (Incorporwd in ttw Rapubfcc of Singapore! BALANCE SHEET At AT 31 ST DCCEMKR, I*7l lExpressed in Singapore dollars) SHARE CAPITAL Aulhorlsed:10.000,000 10.000,000 ordinary shares of SI each Issued and fully pald:5.000.000 5.000.000 shares of SI each REVENUE RESERVES 1.780.000 Genera] reserve, note810 words
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Advertisement9 1979-03-28 4 UmOIcUI dssiag prices sf Lsadsa metais m back P»Se.9 words
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OVERSEAS
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Article684 1979-03-28 5 ARRIVALS Service Local Operator Number Time From THAI TG981 1050 BKK GIA GA944 1055 PKU GIA GA906 1100 MES UB UB231 1115 RGN PAL PR501 1135 MNL RBA BI325 1200 BWN GIA GA982 1200 HLP SIA SQ240 1210 MES SLA SQ201 1245 HLP MAS MH684 1250 KCH684 words
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374 1979-03-28 5 AP ENCOURAGED by the success of small-scale private agriculture, the Soviet government is cautiously allowing small private enterprises to provide some much-needed consumer services. The modest compromise with communist ideals' is one attempt to satisfy consumers, who are complaining more loudly about the inconveniencesAP - 374 words
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521 1979-03-28 5 NYT THE GENERAL Accounting Office, a watchdog agency of Congress, has accused the Treasury of failing to provide adequate protection for domestic industry against imports sold at "unfairly" low prices. Its report on the administration of American "antidumping" statutes supported the contention of manyNYT - 521 words
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Article163 1979-03-28 5 Reuter TEAMSTERS Union talks in the United States are nearing the contract deadline with no sign of settlement, thus increasing the possibility of a nationwide Teamsters strike or a big wage increase that would cripple the US government's antiinflation programme. Still, with less than one week before theReuter - 163 words
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Article311 1979-03-28 5 Reuter CANADA yesterday began a general election campaign which Prime Minister Pierre Trudeau said will be crucial to the country's unity. It will be the fourth election campaign (or the 59-year-old Mr Trudeau, who came to power 11 years ago and is now the longest-serv-ing electedReuter - 311 words
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WORLD IN BRIEF
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Article457 1979-03-28 5 Agencies THE US Motorola company, one of the world's leading electronics manufacturers, believes that the long-term outlook for the electronics industry has "never been better", its senior vicepresident Stephen Levy said. Although only modest economic growth has been forecast for the United States and other countries thisAgencies - 457 words
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134 1979-03-28 5 Reuter WEST GERMAN Chancellor Helmut Schmidt has expressed doubts about the working of an international fund to stabilise commodity prices. The chancellor said at a dinner on Monday night during a two-day banking conference in Bonn that he does not believe the so-called commonReuter - 134 words
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Page 5 Advertisements
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Advertisement281 1979-03-28 5 Pan Am introduces 3 new ways to fly the world. Some of the people we fly each day can afford the best service in the world. And some simply want good service for the best prices in the world. But whichever way you go, only Pan Am'offers you the fastest281 words
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414 1979-03-28 6 IT HAS been a wicked month for Hongkong so far with its massive and quite unexpected trade deficit in February, worsening inflation and "yoyo" performance on the foreign exchange market. Yet one should not see it as a matter of life and414 words
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Article388 1979-03-28 6 IT IS far easier to be magnanimous in victory, ever willing to concede a small point or two to the unfortunate loser, than to be the courageous vanquished who tries to manage a smile despite the anguish raging within. Sime Darby has lost the battle388 words
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Article, Illustration1468 1979-03-28 6 LESLIE MURPHY - By LESLIE MURPHY Reuter IT ISN'T a political party and it has never contested an election. Yet many people in India worry that it is slowly gaining control over the Indian government. The RSS or Rashtriya Swayamsevak Sangh (National Volunteer Organisation) has emerged inReuter - 1,468 words
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Page 6 Advertisements
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Advertisement269 1979-03-28 6 m > ica lIIIIUmiIIIIIHIIIIIIIIIIIIIIIIIIIIIIIIIIIHHIIIIIIini.'IIIIIIIIIHIi III! 11l I 111 111 II APOLLO HOTEL Havelock Road, Singaore 3 Tel: *****1 AMBASSADOR HOTEL ***** Meyer Road. Singapore 15, Tel: *****11 CENTURY PARK SHERATON Nassim Hill. Singapore 10 Tel: *****7 CHEQUERS HOTEL 418 Thomson Road. Singapore 11 Tel: *****66 COCKPIT HOTEL 6 7 Oxley269 words
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Page 6 Miscellaneous
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Miscellaneous19 1979-03-28 6 Bristol TO -QD CP~*\ saiii "MRT'S phr. BCisrou TpmjrJG P\ Home mRDr LIGHT RS ft PpvteV CP*T£ ♦'.'I l*4»J19 words
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Miscellaneous904 1979-03-28 6 TflfK CAN TEACH, CAN DO MIDWEEK tdevWsa ku almost proved Itself to be •■e s< toe better day* far watchlag. Llghtty dees It Is toe tradittaaai theme s* f*r, aad It Is bsped that changes wbleb are woat to ptagae toe tweatteto eeatary, will eeear wltb seme toeagbt oa the904 words
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1368 1979-03-28 7 G. KHOURI - ISLAMIC law prohibits conventional banking, which is based on the concept of interest. While both Iran and Pakistan have declared their intention of outlawing usury it is in Jordan that the attempt to establish an Islamic bank consistent with modern needs has firstFT - 1,368 words
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1132 1979-03-28 7 HEDRICK SMITH - By HEDRICK SMITH NYT THE ELUSIVE and unprecedented peace treaty between Egypt and Israel has enormous symbol"n'ic importance and the potential for fundamentally transforming the map and history of an entire region, but it faces a fragile future. For the first time inNYT - 1,132 words
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Article598 1979-03-28 7 I AM indebted to the classified columns of the Bangkok Post for the information that these days you need a Bachelor's degree to be a disc jockey. At least that is .the minimum education qualification demanded by the Bangkok Music Studio. Nor must the applicant be598 words
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Article950 1979-03-28 7 Steven Rattner - [FORUM. ...with Steven Rattner NYT THE DEBATE over energy and the economy has illustrated, once again, that in government, the ideas put forward as solutions are often not solutions at all. Tha't, to the outside world, was the message of the Camp David meeting.NYT - 950 words
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Page 7 Advertisements
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Advertisement337 1979-03-28 7 BL I? J: r« U a fig a* s ri r^s SS 21 ll II li lon oasis in the onent 214 Duneorn Rood Singopore 11 Tel: *****2 Hong Kong Fortnight-March 16 to 29 v i ->, f I bW See highly skilled craftsmen at work. There's a Calligraphist Painter337 words
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INTERNATIONAL STOCKS
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875 1979-03-28 8 Reuter WHEN General Motors punches its US$2.5 billion Compact "X" line of cars next month the finished product will owe as much to lawmakers in Washington as tb designers in Detroit. With high petrol prices Shd with government fuel consumption regulations tightening,Reuter - 875 words
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Article285 1979-03-28 8 AP RAY SHAW, 44, was elected as president and a director of Dow Jones and Co., whose varied financial publications and news reports include the Wall Street Journal, the worldwide AP-Dow Jones News Service and the US-based Dow Jones News Service. Mr Shaw had been executive viceAP - 285 words
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Article219 1979-03-28 8 Reuter CHINA Provident Co Ltd it decided <o reduce total dividends for 1978 to 50 UK cents from 60 in 1977 to c6nserve funds for its planned development and expansion programme. The company earlier announced a final dividend for tl)e year of 25 cents (35) makingReuter - 219 words
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Article202 1979-03-28 8 Reuter ALLIED Artists Industries said it may be be forced to file under Chapter XI of the Bankruptcy Act on behalf of itself and/or its Allied Artists Pictures Corp subsidiary, which is in default of a loan agreement. Allied said its Pictures subsidiary met creditorsReuter - 202 words
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Article122 1979-03-28 8 Reuter INTERNATIONAL Paper Co said it received a proposal from Mobil Oil Corp to purchase the oil apid gas related properties of its General Crude Oil co subsidiary for about US$765 million. International Paper said the proposal also includes an exploration and development programme onReuter - 122 words
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Article76 1979-03-28 8 Reuter HONGKONG and Kowloon Wharf and Godown Co Ltd expects 1979 to be a year of continuing growth for the group, provided the world economy remains stable, and there should be an improvement in both operating earnings and dividends. Earlier, the company announced a rise inReuter - 76 words
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Article1293 1979-03-28 8 NEW YORK THE CHANCE that Opec may decide on another round of oil price increases at its meeting in Geneva pushed stocks broadly lower in light trading on Monday. Opec members adjourned without voting an extraordinary session necessary for any pricing action. Saudi Oil1,293 words
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Article316 1979-03-28 8 MAR 26 Rand INDUSTRIALS A Alpha 190 unch Abercom M -5 AE And CI 460 -ft AMir 1370 +10 Barlows 566 -♦-6 Cf Sugar 506 -6 CNA 190 Currte Finance 90 unch Dc Beers Ind —xd Edcon 336 -10 Edgars 3060 -60 Eve ready 280B Fed Volk 206 -45316 words
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Article206 1979-03-28 8 mar k Ct AtMUbi i I* g A lean 13 Alfomt Tl't a» Bank Mont to Bank Nova Scotia 22 unch Bell Tel IS BeUi Corp BP Can Ltd ZZ 24 B rue an Camp Red Lake 41 >. 4 ?a Can Imp Bk Canpar IB'. Canpac In* Pf206 words
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Article586 1979-03-28 8 TOKYO MOST investors continued to remain on the sidelines, as yesterday was the last trading day for delivery this month. However, near the afternoon close, some institutional investors bought some mediumsized blue chips on temporary decline. Turnover gradually increased with an estimated 260 million shares586 words
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Article367 1979-03-28 8 Source: San Hong Kai Sec CURRENCY, interest rate and possible oil increase considerations finally came to bear on the stock market yesterday and the index fell 12 points in volatile trading. With the sale of 30,000 sq feet of land in Shatin New Town going for HKJBOO per sqSource: San Hong Kai Sec - 367 words
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Article314 1979-03-28 8 INTEREST again centred on Kelvinator, but elsewhere, the market was subdued yesterday although selected minings posted modest gains, dealers said. Among industrials, Scotts Food rose 32 cents to $1 and and John Fairfax 17 to $1.72 on its sharp rise in interim profits and one-for-four scrip issue. Elsewhere, BHP314 words
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Article243 1979-03-28 8 March 27 Bahts Bank of Asia 216 -1 Bangkok Bank 356 +< Bank of Ayudhaya Ltd___________ 244 Bangkok Metropolitan Bank 630 -li i Laem Thong Bank unq Thai Commercial Bank 500 +11 Thai Danu Bank unq Thai Farmers Bank 346 +< Union Bank of Thailand 375 Industrial Finance COfJ)243 words
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Article64 1979-03-28 8 FINANCIAL TIMES INDUSTRIALS Monday 530 3 Friday 534.6 Week Ago 509 7 DOW JONES AVERAGE INDUSTRIALS Monday 854.82 Friday 850.75 Week ago 857.59 LONDON DOLLAR PREMIUM Monday 66 to 86 Friday 68'< to 69 H.K.HANG SENG Tuesday 543 48 Monday 555.56 Week ago 559.39 SYDNEY INDUSTRIALS Tuesday 483.5564 words
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Article123 1979-03-28 8 THE market closed lower across the board yesterday with turnover falling to 6.4 million pesos from Monday's 10.8 million pesos, dealers said. MAR 27 Peso* Acoje Mining 0098 -0 0012 Atlas Con A Alias Con. B. HZ 25 00 0.2 Baguio Gold .0105 -0 0006 Benguet Con. B 2B123 words
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EUROPEAN MARKETS
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Article100 1979-03-28 8 MAR a Ure A flic 40 04 A mot Oen 0030 240 Butofi 728 14 Centra!* 5075 -3t Fiat 2916 -7 Fiiuidfr 1882s -03% Gen lmmofc 7525 uneh in Pn 23m -4 luk-emenu lano 300 ItaUider ~C 427 -2 2 Macrwu M Pf 5M 17 MareUi Err sue- 13100 words
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Article273 1979-03-28 8 MAR 20 Fr» CORBEILLE Alr-UquKte 385 -10 B S N Orvtu Danone 400 •1 C 8 F (Thomaonr«fi Cte Francaiae dn Petrolei 1_ ***** unch Comptgm« Plninrlcra Comptjnif Oenerale JK) Credit Foncler De Franc* 420 Hachette (Ubralrle) 222.50 urM h Machines Bull 56 re -0 06 Mirhelin (B) 1000273 words
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Article193 1979-03-28 8 MAR X Franca ArUoru Suuan unch Aluauuar Br l«H aneh Aluwiw R*c 5TO -2 Brown Boon Br 1MB -IS 1 Clba Ovifjr Br usu Clba o*n> p C 1000 Clba (Mo Rh M Credit Sum* Br ZMO Credit Suisse Ret «u Elektrovalt Br MO O*orf* Fischer Br 110 Globus193 words
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Article186 1979-03-28 8 MAR FU ABU MOJO «U Ahoid 121 JO -MJ A»*> a jo AM FY 4 Am fa* H4.30 -ej Amu* Bank HJO -4.4 £3~ SS Boll atso Burhmann ***** Qi 71 JO *01 Byenkorf 80 10 03 Calve Delft ***** -06 Dell Uij 121 SO 1J Ennli 136 JO186 words
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Article95 1979-03-28 8 MAR V Pn forward market A r+r 447 iinch Arbeti 2300 50 Aatur 000 u*-h Braican S64 Bru-Lamb 1730 Can par 70* tinch Cork m -4 De Beers 21$ 3 Ebes 1425> •IS Etectrobrl 9820 unch Gb-Inno-Bm 2535 15 Otv 1376 6 Hobo* 3070 30 Petto 3050 15 Ryl95 words
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Article204 1979-03-28 8 MAR Dm Aef-Telefunken 6170 -02 Akzo 27.10 M AIU Leben HOOO unch Alii Vers 465 00 ♦a BASF 13*00 Bay H T Wbank 265 00 i Bay Vbank 271.006 Bayer 137 JO ♦•.l BBC 2MJ0 BMW ***** u Cast* (ia Ml MB Chem Verw mm Commeribank 1M-20 Contl Gum204 words
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Page 8 Advertisements
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Advertisement107 1979-03-28 8 Draw a crowd to a sale or sell a drawing of a sale. Leisure Times is right on target For as little as $15, you can sell a house, fetch a good price for an antique or talk about that cozy Italian restaurant you have just opened in Leisure Times.107 words
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BANKING AND FINANCE
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280 1979-03-28 9 Reuter SIMILARITIES between the European Monetary System and the Bretton Woods system of fixed exchange parities are by no means pure coincidence, Bundesbank vice-president Karl Otto Poehl said. "No one intends to set a fixed dollar rate, but the EMS represents a significant furtherReuter - 280 words
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Article216 1979-03-28 9 Reuter SWITZERLAND intends to coordinate its exchange rate policy towards the US dollar with European Monetary System (EMS) countries, National Bank general manager Pierre Languetin said. He said prospects for the success of the EMS depend greatly on the stability of the dollar. This is one ofReuter - 216 words
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Article220 1979-03-28 9 A SLOWDOWN in the rapid growth of international liquidity will be seen in 1979 and 1989, which should lead to a rise in margins on syndicated credits, the Amex Bank review states. Five factors should cause a reverse in the growth of international liquidity, the bank says. First,220 words
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Article253 1979-03-28 9 THE US must seriously consider the phasing out of legal constraints on geographical bank expansion in the US by both domestic and foreign concerns, US Comptroller of the Currency John G. Heimann said. Heimann said the Congress should consider permitting branching for all federally insured253 words
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Article141 1979-03-28 9 Reuter THE FIRST Nattml Bank of Chicago said it will open a representative office in Beijbig (Peking) and in May will hold the first board meeting there by a US corporation. Executive vice-president William McDonongh said in a statement arrangements have been made for a broadlybasedReuter - 141 words
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283 1979-03-28 9 Reuter AUSTRLA is seeking a consultative role in connection with the European Monetary System (EMS) and will offer to keep the schilling linked within a currency band, Austrian finance minister Hannes Androsch said. Austria would consult EMS countries on changes in central ratesReuter - 283 words
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MONEY AND EXCHANGE$
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Article474 1979-03-28 9 THE FOREIGN exchange market was quiet yesterday on most counters except Hongkong dollars, which were traded actively. Against the yen, the US dollar opened at 207.10/20 but light morning trading saw it ease marginally after sellers came into the market. Anxiety on the likely impact of higher oil474 words
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Article103 1979-03-28 9 THE US dollar for overnight delivery yesterday closed at 207.05 yen, down from a 207.40 opening but up from 206.42 at Monday's close. The Bank of Japan sold about US$5 million at 207.40 yen in early morning trading to support the yen, but no central bank intervention was detected103 words
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Article147 1979-03-28 9 Asian rates ASIAN currency deposit interbank rates as at close on March 27: US Doll*r*(Spoil Offer Bid 7 days 10 10 1 month 109/16 107/16 2 months 10 10 I 3 months 1015/*****3/16 6 months 11 10 9 months 10 13/16 1011/16 12 months 10 13/16 1011/16 8w.fr*. Dm. (Middle147 words
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Article51 1979-03-28 9 Range of prices offered by discount houses on March 27: Overnight 3"- to 4' Call deposits 4' •'< to 4' Closing Buying Selling 3 month Treasury bills 4' 4 J 3 month Bank bills 7' 7'. 3 month CD 6 as 6 month CD 7'. 7 Source: National Discount51 words
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Article76 1979-03-28 9 QUOTES on the Australia and New Zealand exchanges on March 27: AUSTRALIA: US dollar 1 1230 I.UK 2 Sterling 0 5489 0 5426 Ninety-day airmail buving rates Sett ling 0 5700 US dollar 1.1621 Ninety-day forward buying rales: Sterling 0 5550 US dollar 1 1308 NEW ZEALAND: Reserve Bank76 words
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Article21 1979-03-28 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.21 words
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Article318 1979-03-28 9 SINGAPORE gold futures yesterday closed generally firmer compared with the overnight levels, in moderately active trading, dealers said. Opening quotations were marked up between US$2 to $2.50 in most positions reflecting firmer overseas gold prices and thereafter fluctuated marginally throughout the session on short-covering interest alternated with some profit-tak-ing,318 words
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Article193 1979-03-28 9 THE HONGKONG dollar yesterday recovered slightly to a late 4.9650 80 against the US unit from its early afternoon lows of 4.9920/70, dealers said. The partial recovery followed the local currency's sharp drop overnight, when the unit dropped to an opening 4.9780 830 from Monday's late 4.9560 600 trading193 words
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Article319 1979-03-28 9 STERLING yestegiay strengthened while thewdollar eased in quiet opening change market trading, dealers said. The British currencyjontinued to benefit from uncertainty about the Opec ntfnisterial meeting and sto£ at 65.5 on its effective ind«c at the opening, 0.1 higher Monday night's close. The dollar eased a few basis points319 words
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278 1979-03-28 9 NEW YORK banking superintendent Muriel Siebert said her department's attitude to foreign acquisitions of US banks in the state depended on the size of the markets involved, on the size of the buyers and sellers as well as on the278 words
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702 1979-03-28 9 NYT THE FEDERAL Reserve Board (Fed) is planning a major shift in policy that would move the nation's banking system decisively toward interstate expansion through new branches, which has been banned by federal law for more than half a century. Under existing regulations.NYT - 702 words
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Page 9 Advertisements
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Advertisement247 1979-03-28 9 i Business Times Special Feature BANKING AND FINANCE IN SINGAPORE -THE PAST AND FUTURE 'Banking: the Past and Future 9 is the theme of Business Times' second annual special feature on banking and finance, scheduled to appear on 19th April, 1979. This feature gives a comprehensive account of the past247 words
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DEALS DONE ON THE SES AND KLSE
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Article1535 1979-03-28 10 *BID and offer price* officially 'listed and business In and reported to the Stock Exchange of yesterday with tbe number of shares traded shown f In brackets In lots of 1,000 units ..unless otherwise specified. All Time Settlement Contracts are quoted after the word ."set" Big Board deals1,535 words
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Article42 1979-03-28 10 Striking prices o( the options officially listed on the Stock Exchange of Singapore yesterday, the period, bids and offered prices and business done, if any, with the number of options traded shown hi brackets. Saw Darky (March $2.56) (5) 0.57.42 words
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Article148 1979-03-28 10 4 3/4% 1/6/76-00 (250,000) (100.908 101.006) 4 l/t% 1/6/60 (290,000) (90.418 99 455) (3) 90 42 4 3/4% 16/0/60 (250,000) (***** 90.706) 5 1/4% 1/6/81 (250.000) (100 JOB 100.288) 5% 16/4/81 (250,000) (98.638 99.738) 6% T P 1/6/83 (250.000) (*****8 *****8) 8 3/4% T P 16/6/81-64 (250,000) (102.008)148 words
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Article165 1979-03-28 10 SINGAPORE I NIT TBU8T INCOME BOND UNTT (Maaagers' pried tor Mm f»> (Current pi tees) The Commerce 2.21 2 35 Income Bond 1.14 1.20 The Saving Fund i.a 137xd S pore Prog Fund 0 97 102 S pore Sec Fund 180 1.91 S pore Invest Fund I.2T 1.36165 words
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Article2596 1979-03-28 10 Gr'a Gr'a Net 1978/79 Last Div Div YTd P/Z Vol Day High- Low Compaay Sale -for- Cvr COOO) Hlgkf Low SECTION ONE ill INDUSTRIALS 272 132 Acma 232 unch HON 1.3 5.1 252 1 232 232 190* 123* Alcom 180 10.0 22 55 13.3 178 107 Allied2,596 words
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Article1590 1979-03-28 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified INDUSTRIALS Acma (2.208) AJiisrtl (2.918) (1) 190 (2) 2.93 Memm (IKS) (2528)1,590 words
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Article, Illustration687 1979-03-28 10 A SHORT ru-ap fail*wed by a technical pall back characterised the trading temps aa the Slack Exeksnge af Wngaparr yesterday. Share price* wklek initially finned aa evenrigkt strength had the gakM pared afl by the elsslag bell aad maat eaded la miaas tcrritary.687 words
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558 1979-03-28 10 SHARE prices eased across a fairly broad front in moderate trading on the Kuala Lumpur stock market yesterday. The lower liners, bearing the brunt of selling, closed with moderate losses. These shares, which had been moving up steadily the past week as well as558 words
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COMPANY NEWS
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Article, Illustration1225 1979-03-28 11 MANO SABNANI - By MANO SABNANI FABER MERLIN has justified in part its optimism about prospects for the current year. For the first six months to Dec 31, 1978, the group has reported a modest 20 per cent rise in pretax profit to M 52.811,225 words
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Article, Illustration463 1979-03-28 11 PROSPECTS at Malaysia Rice Industries appear to be looking up, albeit very slightly, after nearly a decade of uninspiring performance. Though pre-tax profit for the first half year to Dec. 31, 1978, announced over the weekend is still a modest $144,000,463 words
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Article656 1979-03-28 11 Current Ex Books Date Total forTotal for Payment Date Close Payable the year Previous year Wilkinson 14% Mar 17 Mar 19 Mar 27 21% 16% 11 Kawat 6%ITE Feb 28 Mar 10 Mar 28 6%TE 10<a)TE •Sol Nut 10% I Feb 28 Mar 10 Mar 31 10% 25%656 words
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Article198 1979-03-28 11 Company Particulars Kx Dale Books Clone N .il Iron Bonus Issue of 1 for 2 Mar 22 Mar 29 1) li S Rights Issue of 1 for 4 Krrk Sonic t $3.30 per share Mar 27 Apr 3 Bonus Issue of 1 for 5 Apr 4 Apr 17198 words
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Article315 1979-03-28 11 DEVELOPMENT Bank of Singapore announced that Mr Lien Ying Chow, deputy chairman and director of DBS, does not have an interest in the shareholdings of Overseas Union Securities, which holds DBS shares. The total holdings of DBS shares, in which Mr Lien is deemed to have an interest,315 words
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Article186 1979-03-28 11 MALAYAN Buktag Berhad had dlspsaed el Its IM miliiM shares sr 25.2 per cent stake la Malaysian lateraattoaal Merchant Baak to Malaysia! ladastrtal Devetopmeat Piss are BM at $3.11 per share sr a total sI $4,813 miliiM. lie baak, diseasing this la a letter to186 words
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Article, Illustration400 1979-03-28 11 95KX32... by HOCK LOCK SIEW NO SELF-RESPECTING stock analyst would, under normal cirramsteam, stick •at his seek to recommend the purchase of Fiber Merlin shares sa fundamental coasiderattoas alaae. The campaay has a paar track record aad aa unfailing knack (la the past, at least) farby HOCK LOCK SIEW - 400 words
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Article374 1979-03-28 11 Malayan United Industries Bhd: AGM to be held at 16th Floor Penthouse, Wisma Mirama, Jalan Wisma Putra, Kuala Lumpur at 10.30 a.m. today. Hotel Malaysia Ltd: AGM to be held at the Fuji Room, Ming Court Hotel, Tanglin Road, Sinagpore at 11.30 a.m. on Mar 29. Goodwood Park374 words
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Page 11 Advertisements
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Advertisement222 1979-03-28 11 JKE. Ml f ad 9 M I I 0 TO SELL .-'•"fW j *-w- *c> Tr<X)r O *f»ft| 3p'<<K fuflfon T,,n ng o* V" Snnvi fc '»xy> Ai^nt*-*** v Qy §ALe m. It is easy enough to manufacture or offer services. But, whether there are any buyers is quite another222 words
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293 1979-03-28 12 "SOME businessmen believe that the problems facing the setting up of a Trade Development Council can be ironed out. The executive director of the Singapore International Chambers of Commerce jind Industry, Mr R. Maclean, said the government lias set up an excellent body to293 words
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Article, Illustration611 1979-03-28 12 Reuter NOW THAT that Israel and Egypt have finally concluded their peace treaty, the really difficult phase of Middle East talks is about to begin. It took 16 months of tortuous negotiations to bring Israeli Prime Minister Menachem Begin and Egyptian President Anwar Sadat togetherReuter; UPI photo - 611 words
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166 1979-03-28 12 UPI SCATTERED flghtlag ku broke* out aleag the Chlaa-Vietaam herder aid the fighting nay spread, Intelligence la Bangkok said yesterday. Chinese aad Vietaameee leaden publicly waned their nations the war could Dare aaew at aay time. The wrm said both CM* tries have large amberUPI - 166 words
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Article829 1979-03-28 12 LONDON, Tues. Shares and government bonds closed sharply higher today after active trading, with investors still hoping for an early general election, dealers said. Sentiment was also helped by the strength of sterling, they added. Leading shares gained up to around 14p while oils firmed up to 17p,829 words
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285 1979-03-28 12 IN PARLIAMENT YESTERDAY THE education report provides a clear insight into the workings of the Education Ministry, its problems and difficulties. At the same time, it forms an excellent basis upon which the Education Ministry can chart its future direction, said Mr Sia285 words
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580 1979-03-28 12 MR. DEVAN Nair (Anson) yesterday told Parliament that he supports the proposals made in the Report on the Ministry of Education. "It has my support because it recognises that the re-casting of our education system into a new and socially efficient mould cannot580 words
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322 1979-03-28 12 TEACHERS are suffering from low morale, quite the opposite of what the Education Report found, said Encik Haji Sha'ari Tadin (Bedok). Encik Sha'ari said many of them question the validity of the study team's findings on this count. The team had concluded that teachers in322 words
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Article116 1979-03-28 12 MR. HO Kah Leong (Jurong) told the House that he can only support the motion with reservation because of several misgivings. In his view, though Singapore's educational objectives may have been vague in the past, "we must admit that the education system since the PAP took116 words
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Page 12 Advertisements
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Advertisement190 1979-03-28 12 To: All Manufacturers..-.* Our management team will be in West Asia, E.E.C. and Sir-Lanka for months of April May, 1979. We are completing a programme of made-in-Singapore products for export to these countries. Please contact immediately. General Manager. ABACUS CORPORATION PTE. LTD., ABACUS HOUSE, 8, KIM CHUAN TERRACE, TAI KIM190 words
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Advertisement99 1979-03-28 12 When you're fishing lor new markets, land big game with the help of air freight experts. When you're busy meeting deadlines, controlling inventory, hounding suppliers, maintaining client service and developing new markets, it's reassuring to know that there is an air freight company which treats your business as seriously as99 words
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Page 12 Miscellaneous
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Miscellaneous58 1979-03-28 12 WEAT-HER? Outlook for Singapore from 6 a.m. to noon today: Mainly fair Report tor 24 prtor to 7J9 p.m. m March 27 at the airport. Maximum temperature 32.4 Associated humidity 64 Minimum temperature 23.6 Associated humidity 100 Hours of sunshine 7.20 Rainfall in millimetres Nil Total rainfall for the month58 words
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SHIPPING TIMES
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PORTSIDES
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Article69 1979-03-28 13 Reuter THE 38,000-ton Chinese freighter SS Liulinhai has left Shanghai for the first voyage to the US, the New China News agency reported. Marine transport between China and the US has been suspended for 30 years, but following normalisation between the two countries an agreementReuter - 69 words
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Article106 1979-03-28 13 Reuter THE Soviet Union is planning to build atomicpowered cargo ships to add to its rapidly growing merchant fleet, Tass News agency reported on Monday. Tass said the use of atomic power in the merchant marine was "particularly important" in view of the fact that theReuter - 106 words
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Article80 1979-03-28 13 AP PORT workers in Calcutta on Monday unconditionally abandoned a 15-day strike that had crippled jute exports to the United States, the Soviet Union and Japan, a spokesman for the Calcutta Port Trust said. The work stoppage by 884 workers demanding better pay, cost India an estimatedAP - 80 words
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Article586 1979-03-28 13 RAHIM KASSIM - 10 PC GROWTH RATE By RAHIM KASSIM STAUNCH believers in the container transport concept had their belief strengthened by an optimistic forecast made in the 1979 edition of Containerisation International Yearbook. The yearbook strongly maintained that containerisation will dominate the transport industry for many more years586 words
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Article151 1979-03-28 13 UPI FIRM rates remained the theme throughout the freight markets as pressure of demand persisted. Time-chartering was said to be particularly active, but details were rarely confirmed. Soviet operators played a keen part in that type of business by booking further tonnage for Trans-Atlantic round voyages. RumaniansUPI - 151 words
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Article, Illustration168 1979-03-28 13 SEATRAIN Pacific Services has recently started a regular fullycontainerised service from Singapore to the Caribbean, Central America and Mexico. The independent service is essentially part of plans for the development of feeder services to destinations not presently covered by the US container operator on its main Far168 words
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2832 1979-03-28 17 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination,-the the ship, the shipping line involved and the estimated, dates of arrival and departure from the Port of Singapore. Advance2,832 words
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Article511 1979-03-28 17 ShipptagLtee Page CM ACS n 5 Afea IV. 3 Alfred V 3 Alpac IV 5 Angkutan IV 4 ANL I 1 APL III 2 Arya Nat n 5 ASCL m 5 Asia Merchant IV '3 Aust.Cont IV i 5 Bank n 5 Batam n 2 BBS n 2 Ben511 words
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Article920 1979-03-28 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (l) Each vessel's estimated time of arrival Is advised by the Shipping Line/ Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the920 words
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Article902 1979-03-28 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Aconas Line— Aconas Sdn. Bhd. Adriatic Container— Container Feeders. AFEA Lin*— Singapore Shipping. Aguila Oriental—Same. Ahli Shipping— Sharjah. Alfred C. Toepfer Line— Intermodal. Algerian National Line (CNAN) —Uni pacific.902 words
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765 1979-03-28 18 NOBODY denies that Pakistan badly needs a new port. But Port Qasim, under construction 30 km from Karachi, is already bedevilled by problems, and may turn out to be a white elephant. FT IN THE next few weeks, Pakistan may announce that its newFT - 765 words
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Article586 1979-03-28 18 FT FOR THE first time in -years, vacant berths can now be seen in the Lagos port complex and only a handful of vessels are waiting in the roads off the Nigerian capital for permission to enter hartwur. Suddenly, the port conges--1 tion problems of Lagos haveFT - 586 words
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Article, Illustration470 1979-03-28 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Elias (Tanker) (1100 after Apollo Peak P/O) 13/14 Lumut (1200) 21 East New Star (1200) 42 43 Pateverett (0600) 45 Perak (1600) 21 West Turtle Bay (0900 Overal length not to exceed 146 m) 29 30 Tutong (0600 Group I on board)470 words
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Page 13 Advertisements
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Advertisement271 1979-03-28 13 iwrctt Lines KM TNI MOST Ft SQUINT SAILINGS TO MM—OK NOHOMOMO JAP AN WSAN. I RI) I\ I I All fully contakrbed to/from us nest/east coasts, pnw (STRAITS CARGO VIA FEEDER TO/FROM HONG KONG) fen* Ml Statu* Ijntwrn BC Nrttjnd katWMH 21/4-2/5 mi 26-JR/5 rwpactwt, VMM* cal St M* MwMwMaM271 words
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Advertisement253 1979-03-28 13 uit siv**ui vi oauuu iiiuvca iiuu muic §911 mi. SEALORD ANTAH a UASC UNITED ARAB SHIPPING CO (SAG) All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability. ■ARABIAN GULF WEEKLY SERVICE 1 Vessel S pore Loading for Dammam (26/4). Muscat (29/4). Kuwait (2/5). Bavah (5/5)253 words
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Advertisement381 1979-03-28 13 FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAMERtSED SERVICE O RESEARCTfR* I* Port COMI 5 Apr C PAUL 14 Apr N HA* 19 Ap C ROZE 25 Apr K JAC£W» 2 May HK CONTAMER 9 May HERCATOR ISM*. P Ketant F'stoot Ha»re IS Apr «V 27 Apr 23 Apr V 4 May381 words
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Advertisement672 1979-03-28 13 AFEA LINE REGULAR SEMI CONTAINER EXPRESS SERVICE 01 RECT TO LAGOS-APAPA Stf Pago IV Column 3 for Sailings SINGAPORE SHIPPING AGtNCIESPTf LTD VAWKHiV, 9HI.V Cf\fHAl 91.1111 A V J UMi AS'A IIM SDN HMD K i 5?9b4/ •►> Kl AN(j *****1 J PEMNG *****/2 MAERSK LINE Slapart Ow» Tenet *CT672 words
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Page 14 Advertisements
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Advertisement578 1979-03-28 14 EXPRESS CONVENTIONAL TO EUROPE Spare PKetanf Pen Bfeao Ganaa HT»t Brenw mjrtiwn 14 4 16 4 19 4 15 5 24,5 22 5 Wdeihem 18 4 70 4 23 4 19/5 13 5 30 5 ?8 5 FULLY CONTMNEMSED TO GENOA/TRfSTE Atemama ttfrrss P KeUm Genoa 29/3 20/4 12/4 30/4578 words
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Advertisement407 1979-03-28 14 Mar 7* *17 Mb 79 Apr «W» Apr 4 AprX Apr I Dpr 9 »byl •pi 27 lb* 7 May* Apr 29 M* 12 2» %24 May 4 Mayll £4 Hpin bi lEai Las tafHei San Francnco Stmbawa Stonfa Safc4 3-5/4 ?7-2|/J I M/ 4 27-29/4 12-14/5 -l«/ 5 J407 words
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Advertisement567 1979-03-28 14 EVERGREEN LINE FAR MSI FUROPf FXPRESS FUll COMAINfR SFRVICF ACCEPTWG CARGO FOR HAMBURG FELIXSTOWE. ROTTERDAM, ANTWERP LE HAVRE AISO ACCEPTMG CARGO FOR: UMTEOKMGOOM SOUTHAMPTON. LONDON. MANCHESTER. BIRMMGHAM BRISTOL. LIVERPOOL GLASGOW. LEEDS WEST GERMANY 6KMEIHUM HOLLAND AMSTERDAM Spn t bltvta Wm It Nnr* Em MU n Apr IS Mty Mite* 24567 words
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Advertisement995 1979-03-28 14 launaMiMKal S. A.C.I.F. j INE NATIONAL LINE" j rw* WUHIHI n/11 Apr 24/25 Apr** 2*/?7 Apr** 4ntA Tramportaaon Mirilin Mcxicmm S. A. <v ttMUfiDRiWdUP F TIM Mm* M ft l**ffo# MAN2AMUO ACAPU.CO ACAJUTU. COMNTO SAN JOSt PJMTARENAS (COSTA MCA) COATZACOALCOS VERACRUZ AND TAMPICO WITH TRANSMPMENT AT HONGKONG MaoraEn/* *$sn 'i/tv995 words
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Advertisement710 1979-03-28 14 T mo.s.E OCEAN SHIPPING ENTERPRISES PTE LTD KM 10? 2103 P1 ST FLOOR MARINA HOUSt SHFNTONWAY MISTRI ROAO SINGAPORE 2 TfL *****44 7 K *****70 SANKYO LINE AUSTRALIA SERVICE P Singapore Lap** tar E MPpd SaAeO SYO. MEL 1/3 Apr 4/5 Apr ABEL/KM I 5/» Apr 9/U Apr MM. BKS710 words
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Page 15 Advertisements
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Advertisement652 1979-03-28 15 QCL Overseas Containers Limited cowoiosHr sonnet to uk/contmnt CONTAINfRSHIf SERVICE FROM UK/CONTINENT ton f Kriant S po>t OuKaBay SjM Sated bM Gk« Mm UM SaM hM Bana»ai 71 Mai 29 Mar 2 kpi 3 kpi Mara 5 Apr A Apr 9 Apr IB ■HlMln 12 Apr 13 Apr 1C Apr652 words
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Advertisement1054 1979-03-28 15 GRANARD LINE MV MM AM 24M RELIABLE ft DEPENDABLE NON-CONFERENCE EVKSS SERVICE NEST BOUND-FAR EAST/MEDITERRANEAN S'pwe Plata* hm Laa4k« tar 2 Apr Mdrt'P Stf». PSM/Meuntfna; BeituM.i«assol/lattatua Pw»»/Tnpot/lfii|hKi/ KV SAMOS nOCKSS VJSe M MAM HMC V.2CM.. «1 KS3ELS KCCPTMC CORTMR CMGO W Apr 19 Apr 21 Apr DpbMti leddak/P Said Aieiaftdria/Beirut1,054 words
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Advertisement721 1979-03-28 15 \TT^ BEN LINE CONTAINERS EXPRESS comMO SERVICE TO/FROM EUROPE Hm0m| i*r«« TMyvBay BcnaMei CarAfan Bar lM|lNn HBURC BHAVtN ROAM S pore P Man* W Germany Kt\Un Antwerp In fort to Part 19/4 ?I/4 22/4 5/4 25/4 27/4 »/4 7/4 a/< 31/4 l/j U/4 5/5 J/5 11/4 M/4 5/5 U/5 12/5721 words
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Advertisement585 1979-03-28 15 T I Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE 11 M toaM HMk icopkl cap ta Da**. P laM« *CM f. *«c« 2/1 EASTBOUND FROM MEP/UK/NC/ SCANDINAVIA ])t<n 4)r«w> S)i«oir»«H a/i */J Mi!) Capai 1) lUm. SMMk (Mi. MMi 2) C»iMi«iii. kthm J) Braaan 4) Mm*. IbwtadM OH Btrtdm Chn.585 words
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Advertisement444 1979-03-28 15 T BOUSTEAD SHIPPING AGEMCIES THE BANK LINE LTD. LOADS FOR E. S. AFRICA DurtkWl lI.Pi. apnu««i Sport Gdn 31 MjrP Mant 1 7 Apr FROM (AST 4 SOUTH AFRICA FOR BANGKOK MAMH A ■NA Peiung P Mang 5 9 Apr Spore 11//14 Apr LYKES ORIENT LINE U.S. GULF COAST SERVICE444 words
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Page 16 Advertisements
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Advertisement868 1979-03-28 16 K line KAWASAKI KISEN KAISHA. LTD. EUROPE t XPRESS SERviU o researcher 6w N CORAL 1?W C PAUL 15W N PEARL 14* C ROZE 13* S pore PKi In Port 29 5 Apr 6/ 14 Apt IS 19 Apr 20 25 Apr 27 TO EUROPE Mjng LHavre R dim 29868 words
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Advertisement1023 1979-03-28 16 U.S.A./EAST CANADA SERVICE accept* ta/ia cohtmos from penang. r. ceumk. store loaMg tar: m raw, NORFOLK Penang Belavan P Actang Sngapore E C /GREAT LAKES SERVICE LOMMK Ft* Nl« TOM. NORFOLK BALTNBRE. PM.ABELPMA. MONTREAL T(MONTI Penang Belaaan P Mang Singapore ARUMCHAi PRAdESH" l/l Mar J/14 Mr U/Ultai CALIFORNIA/PACIFIC NORTH WEST1,023 words
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Advertisement658 1979-03-28 16 IT (>roii|> SINGAPORE SHIPPING AGENCIES PTE LTD. «?o™ »"loo« ocean auaO NG Singapore i VAReETING 9:'1.7 .3 tINES GENERAL 911' 11 ,14 IINES TELE* RS 2459S RS iSSfee A 8 CAWSMiP CA3IE CARGOSmi* Y*i,\ SISf.APORh; ISLA.XDS 1/%/. M f JM.IIUI-■ f mjihu w MIDDI t t AST Rtt.L LAR USER658 words
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Advertisement780 1979-03-28 16 HAI*rStAA tHTTKNAnoHAI SHIPPING CO*PO*ATtOH BffMAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA KSTKMft OKCT CALL AT f AEIANG 1) Barcetona Genoa. 2) Amsterdam tatw», I Hatre Bdbao Bask. UH. 3) Bremen Bremenhaven Aartias Copenhacen Htttmfc. 4) Maftno Stockholm Oslo •Accept* Earope carp tor leader na S port EAST WW): 1) C780 words
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Advertisement660 1979-03-28 16 t INTRASEA (PTE) LTD Faber House 234E Orchard Road Singapore 9 Telephone *****11 *****57 h*tar*aa>/Aatmr»/Aaaa/T Kansai Line STRAITS/AUSTRALIA SERVICE Singapore P KeUng Loadng tar GRACE ADELADE V.I2A 9 Apr 7to SZ Singapore P KeUng loadng tar *Rf 7 Apr Sydney /Melbourne/ Adelaide Af«rf» S«n WIMgA (fit) IB 2K2(11 KXXK IXMV660 words
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Page 17 Advertisements
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Advertisement166 1979-03-28 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND MRECT LINER SERVICE TO EGYPT (PORT SAD ALEXANDRIA) STORE PT tfl PENANG PT SUEZ PT SAC ALEX «UU Apr *23 Apr 21 *rl7 31 IMS MMTVANS CMCO MAS CONTItCT SOCMO SMEtfOK -TU 235*711 FROM EGYPT (ALEXANDRIA AP* 24) PYRAMDS U ETA SPORE166 words
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Advertisement298 1979-03-28 17 -oaat £inma igjkd WEST BOUND LOADING FOR MUSCAT. DUBAI ABU DHABI. BAHRAM. KUWAIT ETA £Il> US TDM EXPRESS INK 4 to S to TON«S2W 30 *»r 1 lb, eastmm® mscharcme our Ai P«AJ *»7t n M> n kb> UMTED WCOUNT I* 1« to 17 to CONFDENCE EIPRESS V.9IE UMTED FORTIKSS298 words
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Advertisement161 1979-03-28 17 ALFRED C. TOEPFER LINE REGULAR SERVICE TO MEDITERRANEAN W PORTS Of ITALY, SPAM, FRANCE rP TMBER SERVICE S port P. Keianf Oitdiarpn( Parts SAPPORO 01 VIMS I 12 Apr LsSptaa. MmMmm. Mm BASEL 21 Apr V*naa. V»tto mT£RmODBI TRfifliPORT r TnTS WUilftlft EXCLUSIVE LASH SERVICE TO U.S. ATLANTIC GULF PIMM161 words
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Advertisement176 1979-03-28 17 NIGERIAN NATIONAL SHIPPING LINE NNSL FAR EAST/WEST AFRICA Singapore RIVER JIMINt 24/25 April (built ***** for: Lagos ETA 17 May PI Harcourt ETA 25 May DOUALA ETA 28 May TEMA ETA 30 May ABIDJAN ETA 2Juna (accepting breefcbulk/containere) BOUSTE/U) SHAPING AGENCES Tel: S'pore *****4 (Soles: *****5/*****5) K.L. *****1 a F.T176 words
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Advertisement114 1979-03-28 17 NOTICES M.V. LOON CHONG VOY 2/79 arrived 21.3.79 at P.P. Wharf Godown 303 General survey on damaged cargo discharged ex the above vessel will be held on Friday 30th March 1979 as from 9.00 a.m. to 3.00 p.m. No further survey will be held after this date. STRONGWILL ENTERPRISE (PTE)114 words
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