The Business Times, 5 April 1979

Total Pages: 18
1 18 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No, IM/1/7J THURSDAY, APRIL 5,1979 50 CENTS
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  • BRIEFLY...
    • 99 1 AFP. HONGKONG, Wed. Chinese Premier Hua Guofeng today expressed pleasure at his country's links with Singapore despite the lack of diplomatic relations between them, according to a New China News Agency report. At a meeting with Singapore's Deputy Prime Minister, Goh Keng Swee, Mr Hua said: "Despite the
      AFP.  -  99 words
    • 52 1 Reuter WASHINGTON, Wed. Truck drivers and haulage operators have agreed to resume negotiations and end a strike that has paralysed most freight traffic and forced cutbacks in major US industries. Talks between representatives of trucking industry employers and the powerful Teamsters Union will resume in Chicago
      Reuter  -  52 words
    • 61 1 Reuter ISLAMABAD, Wed. Demonstrations broke out in several areas of Pakistan today in protest against the hanging of ex-Premier Zulfikar Ali Bhutto. In Rawalpindi, where Mr Bhutto was hanged, a demonstration of about 300 to 500 people was broken up by police. The crowds shouted, "Death to
      Reuter  -  61 words
    • 54 1 Reuter TEHERAN, Wed. More than 99 per cent of Iranians who voted in last weekend's referendum approved the creation of an Islamic republic to replace the monarchy, according to preliminary results announced today by the Interior Ministry. The results sh6wed 99.3 per cent in favour and 0.7
      Reuter  -  54 words
    • 65 1 Reuter HONGKONG, Wed. Vietnam today proposed talks with China next week to normalise relations and, for the first time, does not insist on a Chinese trooop withdrawal from Vietnamese territory as a precondition for negotiations. The Foreign Ministry, in a statement quoted by the Vietnam News Agency, suggested
      Reuter  -  65 words
    • 75 1 Reuter JERUSALEM, Wed. Israel will start receiving oil from Egypt a day after handing over wells in Sinai which it must evacuate under the EgyptianIsraeli peace treaty, Israeli Prime Minister Menachem Begin said today. The Israeli leader was reporting to Parliament on his two-day visit to Cairo
      Reuter  -  75 words
    • 56 1 AP NEW YORK, Wed. The stock market swept ahead in active trading today, following through on yesterday's rally. The Dow Jones average of 30 industrials climbed 5.89 to 874.22 in the first half hour. Gainers took a 3 to 1 lead over losers in the early tally of
      AP  -  56 words
  • Chief Price Changes
    • 131 1 Rises Most Active Straits Trading 62S 2C G Lumber 216,000 Sel Properties N S T Oriental Hldgs Keck Seng 275 19 Pa hang Cons 170,000 496 615 219 16 15 12 Olympia S Darby 161,000 150,000 FAN 555 10 Total Turnover: 3.44m M Flour 284 9 Total Value: $7.79m
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    • Article, Illustration
      153 1 Rises Most Active D Keramat 1220 70 G Lumber 351,000 Sg Besi 930 35 Oiympia 272,000 S Trading 635 25 S Darby 214,000 Tronoh 910 25 Pahang Cons 134,000 Oriental 635 20 Total Turnover: 3.12m Mai Tin 1470 20 Total Value: MS7 63m Sel Prop Kamunting 274 300
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  • 651 1  -  REGIONAL EXPORT PUSH By FONG MEW LENG ROLLEI, the West German camera group, has completed the transfer of all manufacturing operations from Germany to Singapore. The group has also consolidated its marketing effort in the Republic and plans to use its distribution arm here, Rollei
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  • 212 1 Reuter A CHINA expert in the Japan External Trade Organisation (Jetro) said 1979 and 1980 will be the most difficult period for China's overall balance of payments, because it will have a total deficit of US$3.7 billion (557.7 billion) during the period against present external reserves
    Reuter  -  212 words
  • 754 1  -  By WANG LOOK KEAH THE national carriers of Asean countries may offer cheap fares unilaterally between Australia and Europe if the coming talks with Australia fail. Mr J YMPillay,ch airman of Singapore Airlines, said that Asean countries may resort to what is termed "unilateral
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  • 252 1 THE California-baaed Itel Corporation to setting up a $€.5 million mh—| spare part* eeatre ia Sln**P®re to be filly operational by mid-June •r early J sly. This was a follow-up of a visit this week hy the company's vice-chairman, Mr Gary Friedman, whea
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  • 334 1  -  By Our Reporter THE lifting of all currency restrictions by the Monetary Authority of Singapore last year sealed Commerzbank's decision to open a merchant bank in Singapore. Another deciding factor was the double taxation agreement between Singapore and West Germany, which also
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  • 87 1 Reuter. THE FORMATION of an Asia-wide money market and payments system would be discussed by over 100 central and commercial bankers and treasurers of major companies in Asia in a two-day conference in Manila. Among the leading participants will be Malaysian central bank governor Tan Sri Ismail
    Reuter.  -  87 words
  • Page 1 Advertisements
    • 9 1 vT, k. l A k 7 SEE PAGE 5
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    • 49 1 THOMAS ROBERT P. 11l Al aays 111 m ONE STEP W*l w AHEAD the trained specialist... ft A THOMAS ROBERT BROKER nM, ,t i. •»>: ill i 1 ifn■ tf > <i, in ,t ,r. 77»e comprehensive spectrum ot our expertise ihcluJr THOMAS ROBERT (S) PTE LTD Offices •Singapore Malaysia
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    • 68 1 Leader.,. Page f YAMASHINA sets «p shop la US esmpaales heme Is sb famlJnrsHg ly We 7 UK fsreiga reserves at reesrd KING sf the desstehemark is frfeh 5 Shsstsa Wty 9 BIG Sevea tebaces firms stead HOPES ptaaed sa UIC-Marehea II aecasei S AIK NiagiaJ service te SlagsLETTER to
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  • TRADE AND INDUSTRY
    • 354 2  -  By FOO CHOY PENG A JAPANESE manufacturer has set up a plant here to take advantage of incentives offered by the Republic. Yamashina Singapore, which started production last month at a 10,500square metre plant in Jurong, manufactures machine screws, dry-wall screws and cutting screws. The
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    • 88 2 COMPTON Singapore expects its total billings in Singapore to increase by 37.16 per cent this year. According to Compton International's Asia/Pacific director, Mr Brian Gapes, total billings in Singapore increased from $2.6 million in 1977 to $4.5 million last year. The Singapore office has a staff of
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    • 144 2 ESCO Industries, an Australian-based manufacturer of hospital services systems, is looking for an agent in Singapore. This was disclosed by the company's general manager and director, Mr Paul Salmon, who participated in the Medic Asia 79 exhibition at the Hyatt Hotel. Esco manufactures a
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    • 61 2 The Public Utilities Board (PUB) has repaired the ozone plant at Chua Chu Kang treatment works. Treatment of Kranji-Pan-dan water will begin tomorrow. From 8 a.m. onwards, industries in Jurong, Lim Chu Kang, Clementi New Town, Upper Ayer Rajah Road, West Coast Road, Pulau Pesek, Pulau Merlimau
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    • 154 2 A CATALOGUE exhibition of products of the American state of Illinois will be held here from April 10 to 12 at the United States International Marketing Centre in Somerset Road. Called ILLINOIS '79, the exhibition is aimed at promoting American exports here. It will be opened daily
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    • 248 2 A FULL two-way travel traffic is now expected to develop from Taiwan with the restrictions on travel out of the country on pleasure eased since last January. Previously, travel traffic was largely a one-way movement, that is. into the country and outbound travellers were mostly students
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    • 563 2 COURSES AND TALKS Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC 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 and Organisation Development Mar 26-April 6: Income tax law and practice module
      563 words
    • 129 2 DIRECTORS and representatives from the seven Goethe-Instituts in Southeast Asia began their fourday annual regional meeting in Singapore yesterday. Goethe-Institut is the cultural arm of the Federal Republic of Germany's embassies abroad. One of the main topics discussed at the regional meeting is the development and
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  • Page 2 Advertisements
    • 138 2 If. W*3*H •/vtsr v -W»~ s .H &f t'f.Mrei 1 V >V*He^M! <. v'* These tinv buttons on your IDD telephone can put you in touch with London* in a matter of seconds Also Australia, Austria, Bahrain, Bermuda, Brazil, Canada, Cyprus, Denmark, Fiji, Finland, France, Federal Republic of Germany, Greece,
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    • 0 2 ]"]/')`<!\@|/`%+'$|`_|`\:"$;;;?
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  • REGIONAL
    • 286 3 Reuter THAILAND is expected to export less rice this year than earlier estimated because of the current dry weather, the director-gener-al of the Foreign Trade Department, Bajr Isarasena, said yesterday. Only 1.2 million tonnes of paddv would be harvested from the second crop
      Reuter  -  286 words
    • 50 3 UPI. JAPAN will be the host country for a ministerial economic conference of Asean for the first time in Tokyo this autumn. Sources from the Japanese Foreign Ministry said yesterday that the Asean member countries have scheduled a working-level meeting in Malaysia late this month. UPI.
      UPI.  -  50 words
    • 571 3 AFP A WAVE of criticism welled up recently in Indonesia from government and power circles, according to an Indonesian university political science lecturer, who also warned that if a "democratic mechanism" is not set up, the alternative would be a revolution. "Of late there
      AFP  -  571 words
    • 158 3 Reuter. PRESIDENT Suharto yesterday led a Cabinet meeting to discuss the implementation of the third five year development plan (Repelita) that started last Sunday. The meeting coincided with the annual conference of Indonesia's creditor countries in Amsterdam, Holland, where Indonesia's development aid requirements for the
      Reuter.  -  158 words
    • 104 3 INDIA HAS asked Soviet experts to help draw up a plan to end droughts and floods by encircling all India with two giant canals, Premier Morarji Desai told Parliament. The Garland Canal Scheme would cost between 150,000 and 200,000 million rupees (5J40.5 to $54 billion) and take 15
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    • 172 3 Reuter THE Pfcittppiacs' balaace of ptymeaU deficit has steadily deteriorated la the tint quarter of this year and coo Id get wane nader pressare tram ritlag «U prices, aeeordlag to report yesterday by eeatral baak Governor Gregorio LJearos. The report m the first qsarter of
      Reuter  -  172 words
    • 432 3 JAPAN'S export letters of credit received in March rose 5.5 per cent to US$6.5B billion (5512.28 billion) from $6.24 billion in March last year. The Japanese Finance Ministry said the year-on-year rise was down from 13.1 per cent in February. The March total was up
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    • 123 3 AN AMERICAN consortium has decided.to make extensive drill tests on an exploratory oil well north of Manila where they have found large quantities of gas, industry sources in the Philippines said yesterday. The signs do not necessarily indicate that the Consortium, led by Amoco Philippines Exploration .Company
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    • 171 3 AFP JAPAN has agreed to send soon a buying mission to South Korea and promised efforts to cut its import tariffs on Korean goods to help correct the trade imbalance in Japan's favour. A joint statement, summing up three days of discussion in the 11th joint
      AFP  -  171 words
  • Page 3 Advertisements
    • 27 3 Superb Northern Indian, Kashmiri and Moglai cuisine for the discriminating gourmet. 7?u Wt >sr di\nnl\ht d I'tJtJn Kt'sfjurjtu in the k >rlj J Wjlkcr (miw V)iav.va>n /t'i:
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    • 274 3 The most comprehensive tourist, entertainment, shopping commercial/office centre in the tourist belt of Orchard Road. r 'K- id Situated at Orchard Road/Koek Road, (next to the Cold Storage) the core of most promising tourist, entertainment and shopping activities. in Shop from upwards Office from $72,400 ipwads f .A. fi£ K
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  • Page 3 Miscellaneous
    • 641 3 TWO-IN-OHE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Students of quality (5) 6 The concluding love game, possibly (5) 9 Fit to play for one's country? (7) 10 Yacht girl (5) 11 Articles on changing times (5) 12 Forced out of Dover? (5) 13 Lies about positions (7) 15 Do-gooder's faithful friend
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  • RAW MATERIALS
    • 825 4 NYT. WHAT does a soyabean have to do with a barrel of Arabian oil? A great deal, because soyabeans are an important export for the United States. The US is faced with deeper trade deficits because of last week's announced oil price
      NYT.  -  825 words
    • 667 4 Reuter WORLD soyabean production during the 1978/79 crop year is estimated at 79.5 million tonnes, down 900,000 tonnes from the January estimate but 7 per cent above output of 74.1 million tonnes in the 1977/78 season. The US Agriculture Department (USDA) said world production on a soyabean meal
      Reuter  -  667 words
    • 344 4 OPENING prices in Singapore yesterday were marked down about 2.50 cents on lower London advices. Thereafter, the market lost further ground on stale bull releases, lack of support and some Japanese selling, dealers said. Some short-covering however, emerged at the lows to check the decline, they said. The morning
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    • 30 4 Rubber: April 4 Singapore: April; 267.25 cents (down 2.75 cents) Malaysia: April: 260.75 cents (down 1.75 cents) Tin: $1,915 (down $20) Official offering: 226 tonnes (up 61 tonnes)
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    • 390 4 R A S prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt (.o.b. 266.25 267 25N Int. 1 R.S.S. April 266 25 266 75 Int. 1 R.S.S. May 263 25 263.75 Int. 2 R.S.S. 259.00 260 .OON UK/Coat 258 00 259 00N
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    • 122 4 NOON SS t and SMR pricaa veeteniay ■AS April -ward Mtk) IS rreat Mtk) (Po era Sellers Bayer* Seller! SSR20 <1 ton pallet) 257 00 259 008 258 00 260 00N SSR50 (1-ton pallet) 254 00 256 008 255 00 257 00N MRKLB SMRCV (1 -tan pallet)
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    • 67 4 C.I.F. North European ports, tn US dollars per ton unless otherwise stated. LONDON: Malaysian SHffa bulk per tonne TM Prcvtasa May unq unq June OOOslr 672s) r Sumatra 5H f fa bulk April 007.sir TOQslr May unch OOOslr June 880sIr 682'.sir July 075slr 077>/slr Nigeria 5* ffa bulk
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    • 257 4 UPI, AFP. LATIN AMERICAN and African coffee producing nations met on Tuesday to align their arguments for a later meeting of the 16-na-tion executive board of the International Coffee Agreement. The board is holding a week-long meetings at the London headquarters of the International
      UPI,; AFP.  -  257 words
    • 64 4 THE BTRAITS til price ii PeiMc yesterday feU Ml2t to $1,915 per pteal. Despite higher Lmadvices, prices feU ia reactiM to the US Haase ef Represeatattves approval ef a Mil to aatharise dispesal sf 35, Ml I sag teas ef tia tram stockpile, dealers said. Same light hayiag
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    • 296 4 PRICES remained unchanged on the Singapore produce market yesterday. The pepper sector was dull with little business done and no fresh shipments received. A packer described the undertone for white as steady while for black, it was very dull. The coffee market continued to be featureless and prices
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    • 151 4 CHICAGO soybean futures closed sharply lower with prices tumbling 15V« to s'/t US cents a bushel on Tuesday. Prices had been as much as 17 cents lower when nearby months went through stop-loss orders before recovering a little at the close. Commission house liquidation was cited by traders as
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    • 167 4 Reuter THE COMBINATION of a strike by some 2,800 tugboat crewmen and the trucking industry strike-lockout has resulted in minor delays of copper and tin deliveries in the New York area. Leading merchants said if the trucking industry stoppage is lengthy, more severe delays are
      Reuter  -  167 words
    • 908 4 OILSEEDS: Brokers said vegetable oils and seeds yesterday declined initially following the sharp decline in Chicago on Tuesday, but the market subsequently developed a steadier undertone on market talk that India had purchased Canadian rape oil and soybean oil from Brazil. Active trading developed in Dutch soybean oil
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    • 194 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Ctttw yarn: China Blue Phoenix Ik 2.430; 32s 2,970; 40a 3.100 (per bale of 400 lbs). Pteee gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 331 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first clan (Kangaroo) new crop O.K. 100 per cent second class 0.05, 100 per cent third class 0.83. 25 per cent new crop no Mock, B-10 per cent 0.75 THAI BROKEN A-super 06, Special O.St.
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    • 173 4 THE SUGAR futures market yesterday continued the recent quiet trend with prices virtually unchanged throughout the day, dealers said. There were no trades registered, the same as on Tuesday. The day's spot sugar price firmed 0.06 to 8.(6 US cents. Sugar futures closing price*: PrfvlNi (M| CIi*H MayS.37/
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    • 121 4 WHEAT wheat futures closed lower with prices off 3/4 to three US cents a bushel in Chicago on Tuesday. Traders said although the May contract showed early strength and was in the plus column mo6t of the day, the pressure from other pits and the decline in CBT silver
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    • 372 4 PROSPECTS for 1978/79 world production, consumption and stocks of oilseeds, oils, fats and meals appear mixed compared with forecasts made in November last year, the latest edition of OU World, the Hamburg based weekly publication, shows. While usage of oil meals during the October 1978/ September
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    • 75 4 Reuter INDIA'S State Trading Corporation (STC) chairman S. K. Bhattacharjee said the STC is not contemplating palm oil imports for the moment since prices had risen steeply.. He said the price of palm oil had not declined seasonally during the winter nor was it likely
      Reuter  -  75 words
  • Page 4 Advertisements
    • 180 4 CORSVUSM present The 1979 Conference on INTERNATIONAL FINANCIAL MARKETS opportunities for borrowers and investors Hong Kong May 7-8,1979 Borrowing and Investing in today's International Financial Markets is not an easy task. This program is devoted to an in depth consideration of opportunities and problems facing borrowers and investors. A distinguished
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    • 9 4 Uwffldal (Mag prices «f LmMm meUls m hack PM«-
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  • OVERSEAS
    • 267 5 NYT. MR LEE lacocca is being paid a $1.5-million cash bonus for joining the Chrysler Corporation as well as a base pay of 130,000 a month for his services as president and chief operating officer, the company's proxy statement to shareholders disclosed on Tuesday.
      NYT.  -  267 words
    • 249 5 BBC ENGINEERS have developed sew equipment that will prist copies of Ceefax "pages" so that Information displayed oa the TV screen caa be taken from the printer In the form of a US mm sqaare-page aad read at leisare. Ceefax b the
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    • 272 5 Reuter. PRESIDENT Carter announces today his proposal to reduce the dependence of the United States on imported oil. The White House said on Tuesday Mr Carter will reveal his measures, which the White House said last week would be unpleasant, in a televised speech. The
      Reuter.  -  272 words
    • 829 5 ARRIVALS Service Local Operator Number Time From MAS MH621 0840 PEN MAS MH607 0645 KUL RBA BI421 0930 BWN MAS MH671 0945 PEN KUL CPA CX710 1005 HLP GIA GA980 1030 HLP MAS MH605 1045 KUL SIA SQ103 1045 KUL SLA SQ211 1045 HLP GIA GA944 1055
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    • 593 5 NYT. US Secretary of Labour, Mr Ray Marshall, said on Tuesday that the strike and lockout in the trucking industry has "already started to pinch," but there is no immediate shortage of critical supplies and that no government intervention has been planned. With some exceptions,
      NYT.  -  593 words
    • 467 5 NYT THE dangerously hot Three Mile Island nuclear reactor near Harrisburg, Philadelphia, continued to cool on Tuesday but, as fears of its immediate safety problems lessened, attention turned to the long-term effects of the low-level radiation released in the accident. Harold Denton, operations
      NYT  -  467 words
    • 153 5 Reuter THE DUTCH national airline KLM has ordered 10 European A-310 Airbuses and taken options on 10 more, the company announced on Tuesday. The order, worth about one billion guilders (Ssl.l billion) is the biggest ever placed by the airline in which the Dutch government has
      Reuter  -  153 words
    • 440 5 AP BRITAIN'S gold and foreign reserves soared by US$B37 million last month to $17.45 billion (551.82 billion to $38 billion). The Treasury said on Tuesday that the increase does not include a paper revaluation which took place on March 31. This revaluation
      AP  -  440 words
    • WORLD IN BRIEF
      • 449 5 Agencies THE American House of Representatives budget committee voted on Tuesday to cut more than US$2 bfllion (5J4.2 billion) from President Jimmy Carter's request for military spending for the next fiscal year. The committee, opening its working session on a tentative congressional budget for fiscal 1980, approved
        Agencies  -  449 words
  • Page 5 Advertisements
    • 158 5 \bu'd like the best holiday value round Europe. Who cares? J Wfecare. British Airways US$4B2 for a minimum These prices are Sovereign Holidays to of 28 days with inclusive of air fare* and Britain, Spain, Majorca, unlimited mileage. are per person for twinPortugal, Greece and Alternatively, we'll bedded accommodation the
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  • 483 6 THE EXCHANGES between Asean and Australia in the months they have been at loggerheads on the issue of who should and who should not participate in cheap air fares between Europe and Australia have hardly been couched in friendly terms. Considerable heat has been generated
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  • 301 6 THE ROLLEI group has a .well-deserved reputation for applying unorthodox solutions to corporate problems. A few years ago, on the verge of sliding towards the scrapheap as a camera manufacturer, it hit upon the idea of transferring its production facilities to Singapore. The move
    301 words
  • 941 6 FT AN OFFICIAL United Nations report has accused the seven major tobacco multinational companies who dominate the tobacco industry worldwide of large-scale bribery, price collusion, and deliberate concealment of financial information. The well-documented report also gives comprehensive details of the Mafia's illegal
    FT  -  941 words
  • 818 6 FT A NEW breed of French hotel has sprung up in countries around the world to challenge the US chains. French groups like Novotel, Meridien and PLM are still a long way behind American giants such as Hilton, Intercontinental and Holiday Inn,
    FT  -  818 words
  • Page 6 Advertisements
    • 217 6 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 R6ad, Singapore 11 Tel: *****66 COCKPIT HOTEL 6 7 Oxley Rise, Singapore 9 Tel: *****1 CREAT EASTERN HOTEL 401 Macpherson
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  • Page 6 Miscellaneous
    • 35 6 TO P> DESK p* oer»ce undck. *W\F»Cif\L LtCbMT U>VTH omuv p» cficxoo or moeois FOR comppt^v/... Bristow: Frank Dieted r...' hi 5 O'CLOCK UJURT R LIF&' pLOODiNG ON OuM »N TUe f>OUR\KG £fMN ON ps
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    • 907 6 Early-evening wonder AT LAST the New Aiveatara sf Wilder Whom Is la the early iM rhaaaril 6) where It belaags. ChiMrea may nw eajiy these eamlcbaek thrills til spills wtthMt having to stay up to the uehUdly hear «f 16pm. Taalght's eptoile to ea "The Maa Whe WaaMat Tell" aai
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  • 1915 7  -  American companies are providing counselling services for their employees to solve their emotional problems, BARBARA LOVENHEIM reports. By doing so, these companies are stepping deeper into the home life of workers, just as Japanese companies have been doing for decades. It may
    NYT  -  1,915 words
  • 314 7 Letter to the Editor Dear Sir, Your report of the speech by the Honourable Minister of National Development at the annual dinner of the Singapore Institute of Planners ("Building with Quality in Mind" Page 1 Business Times 31.3.79) and an article by your Forum columist Dzonni Yeiou ("Tendering
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  • 830 7  -  (FORUM I f ...with Masaru Ogawa Depthnews AFTER some three months in office, not the least of the problems facing the new Japanese Prime Minister Masayoshi Ohira is how to forge a clear-cut identity for his leadership. To most Japanese, the shift
    Depthnews  -  830 words
  • Page 7 Advertisements
    • 302 7 to. entertain Come unwind yourself ofter o doy s work. hond-clopping. feet-stomping, yodelling the works'! A terrific, top-rote 3-piece bond entertoinsot VANDA BAR. the cosiest woterhole owoy from the city! HAPPY HOURS spm —Bpm doily f Generous 00% discount on oil drinks < s ""'"V£S Singapore I on oosis in
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  • INTERNATIONAL STOCKS
    • 858 8 THE DIRECTORS of JarMatheson and Co. Ltd have announced a net profit after taxation and minority interests, but before extraordinary items, for the yffif ended Dec 31, 1978, of HK$336 million, compared with 1314 million in 1977, a 7 per cent increase. /'Earnings per stock
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    • 1248 8 NEW YORK THE STOCK MARKET bounced back from its depression of the past few days to score a broad and sharp advance in active trading on Tuesday. Analysts said the emotional selling related to the Three Mile nuclear power plant accident was overdone and a rebound was due.
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    • 203 8 APR 03 C* A MUM Alcan Alfoma U 41'. unch Bank Mont Bank Not* Scotia Bell Tel Beth Corp BP Can Ltd Camp Red Lake Can Imp Bk Canpac Canpac In* PI Carlint OTteefe Comlnro Cons Bath Con* Marbenor 24 >4. 23'. 38 M 16'iB »•< 37". 13 T
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    • 259 8 THE STOCK market yesterday closed mixed with losses and gains about equal in weak trading, dealers said. APR 04 Bahts Asia Credit Asia Fibre Ayuthaya Inv And Trust Bangkok Investment Bangkok Bank Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban. Bangkok Nylon Bank Of Asia Bank Of Ayudhaya
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    • 61 8 FINANCIAL TIME8 INDUSTRIALS Tuesday 525.3 Monday Week Ago.. 505.6 DOW JONES AVERAGE INDUSTRIALS Tuesday 868.33 Monday 855.25 Week ago 850.31 LONDON DOLLAR PREMIUM Tuesday 55 to 55 Monday 57 to 57'/» H.K.HANG SENG t Wednesday 510.44 Tuesday 518.58 Week ago 552.87 SYDNEY INDUSTRIALS Wednesday 481.85 Tuesday 484.33 Week
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    • EUROPEAN MARKETS
      • 181 8 APR 03 Francs Action* Suisses Alusutsae Br Alusulsse Reg Brown Bovwl Br Ctba Oelfy Br. m 1410 5T0 iaso unch -15 2 unch Clba Oeigy P C rn -15 CI Dm Otlgy Rem Credit Suum Br Credit Suiaae Ret Elektrowatt Br Oeorfe Fischer Br Globus Pc 100 2340 461
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      • 265 8 APR OS FT* CORBEILLE AW-UQUM* 4*1 »u B S N Ocrvtli Dunm «I0 C 8 F (TboouonCMtt J»JB CM Frmncais* Or* Prlrofet »l -I Comptinw Financier* Covtpasntr Oiwylr m» -u Credit Ponder De Franc* 428 SO -2.5 Hachelte < Li Drain* > Machines Bull Michelin IB) Parlba* Pachinejr Clflne
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      • 199 8 APR 03 PU ABN 383 00 1J Ahold 11(10 -1J Akao m« Oil AMEV 96J0 0J Anlu US TO 04 Amrot Bank 75® 57 JO 1 -02 BET" MOO •JO I«J h Burhmann 167 Ji 71 00 0J -1 Byenkorf 00.20 -4j Calve Delft 179JO 0J Dell MU 124
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      • 185 8 APR 03 Dm Aer-Telefunken 6580 Ak,n nn Alii Leben 060 00 Allx Vera «Mon 12 +0.4 unch BASF Bay H T Wbank Bay Vbank 137 JO 286.00 277 00 0.6 H j Bayer RUT 138 JO 204 no *0.7 1J BMW CUHUi 230 SO ♦24 Chem Verw Commerzbank Conu
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      • 93 8 APR 03 Pin FORWARD MARKET Acee Artord Astur 434 2456 600 75 „2 Brmscan OOOxd 4 10 Bru-Lamb 1TK 4 in Cffiptc 7Q0 Cock 4M 4 De Bwn rhM 213X11 2435 1 4-10 Elretrotori MO •M Cb-lnno-Bm 2100 25 Cl*» urn -12 Hobok 3125 >25 Petro 4120 20 Ryl
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      • 82 8 1 '"tg 3=3 m rial MM .j Ftnaider 112 -4 Oen ImmoO 71 .2 IF! Prl 2310 -40 1 talc*menu 15M0 -101 lUif*. TMJO -4^ Italndrr ***** •7.78 Macneu M Pt Martin Ere m -17 -3 2b Medtob ***** 100 Miralarua 2trm •AM Mondadori 1910 -so Monlntan tm •2
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    • 622 8 TOKYO Source: DBS-Daiwa Securities THE MORNING market continued to decline, centring on medium-size blue chips and resources-related issues, reflecting Tuesday's bearish mood. However, it gradually rose near the afternoon close owing to buying on temporary decline by some institutional investors, including mutual funds. Turnover was
      Source: DBS-Daiwa Securities  -  622 words
    • 321 8 Reuter. SHARE prices yesterday closed slightly firmer in quiet trading ahead of today's Chingming holiday, with the Hang Seng index up 0.85 to 519.44 points, dealers said. Among the market leaders, Hongkong Bank firmed 10 cents to HK512.60, Hongkong Electric and Jardine Matheson 10 cents each to $5.80 and
      Reuter.  -  321 words
    • 316 8 APR 03 Rand INDUSTRIALS A Alpha 167 2 Aberrom MO -10 AE And CI AM1C 480 1425 ♦s unch Bartowi 980 unch 820 5 306 unch Currte Finance 88 1 De Beers Ind Edcon 1475B 375 unch 110 Ed fart 4100 100 Ereready Fed Volk arm 230 unch •5
      316 words
    • 294 8 THE MARKET closed mixed in quiet trading, dealers said. BHP (ell 15 cents to AJII.SS, Western Mining eight cents to 12.25, MIM six cents to $3.16, Coal and Allied six to 15.24, Queensland Mines five to $3.25, Lowes two to 11-03, and Thiess two to $2.90. APR Ot Cent*
      294 words
    • 91 8 APR M Pesos Acojc Mining 0006 unch Alias Con A Atlas Con. B 24.50 +0.1 Bafuio Gold Benruel Con B BF Goodrich CDCP lnco Landoil ill I 2110 2200 015 unch ♦0.1 -08 Lepanto B Msnnduque B Meralro Oriental A Oriental B Phil Oversets X 7.85 2D 80 ant
      91 words
  • Page 8 Advertisements
    • 67 8 This month Winners > book you can't pu-— f omcom What makes 'fo/ th? munistS rional and inteUectu a corrfUc Ma |ayan ,he rCh Boon Kheng tetejthe known fronts by oived ,he,r mental anxieties. i I fl HIS i- i (r*fc «> All Distributed by Federal Publications T ...a^ooeyoucan't^^^ JoAnn
      67 words

  • BANKING AND FINANCE
    • 562 9 NYT THE THRIVING commercial paper market in the United States is expected to be officially opened to foreign banks for the first time next week. The Securities and Exchange Commission (SEC) is expected to clear the way for the Australian Resources Development Bank to
      NYT  -  562 words
    • MONEY AND EXCHANGE$
      • 440 9 THE FOREIGN exchange market yesterday saw dealing attention hinged to the yen, with little trading done on the other counters. The Japanese currency opened at 215.30/40 to the US dollar in the morning but speculative and commercial pressures got the American unit higher to 216.40/50. The Bank of
        440 words
      • 313 9 SINGAPORE gold futures yesterday closed marginally lower compared with overnight levels after fluctuating narrowly through the day, dealers said. Trading was slow and thin ahead of the day's IMF gold auction of 470,000 ounces of gold and turnover fell to 112 lots from 252 on Tuesday. June closed weaker
        313 words
      • 187 9 Asian rates ASIAN currency deposit interbank rates as at close on April 4: US DolUri(Spot) Offer Bid 7 d&ys 8 8 1 month 913/16 911/16 2 months 10'. 10>. 3 months 10 k 10" 6 months 10'. 10 i 9 months 1011/16 10 9/16 12 months 10 i 10'.• Sw.Fr*.
        187 words
      • 50 9 Range of price* offered by discount houses on April 4: Overnight 4' Call deposits 4' C losing Buying Selliif 3 month Treasury bills 4 4 3 month Bank bills V. T> 3 month CD 6 i 6 6 month CD 6 15/16 6 13/16 Source: National Discount Co Ltd.
        50 words
      • 21 9 THE average rale at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.
        21 words
      • 132 9 THE US dollar yesterday eased from overnight US levels against most currencies in fairly quiet, late trading, dealers said. It dropped on some European selling to 1.8800/10 marks from 1.8830 40 overnight on the US West Coast, and to 213.75/90 yen from 214.70/80 in California following Tokyo's easier dollar
        132 words
      • 42 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $15 million 91-day Treasury bills to be issued from April 9 to 12. Each tender must not be for less than $250,000.
        42 words
      • 269 9 THE DOLLAR yesterday showed minor upward adjustments against most European currencies compared with closing rates in Far Eastern centres, dealers said. There were no new factors and trading was reported fairly quiet. The dollar was quoted at an opening 214.55/65 yen compared with the day's 214.40 close in Tokyo
        269 words
      • 220 9 THE US dollar for overnight delivery yesterday closed at 214.40 yen, down from a 215.30 opening but unchanged from Tuesday's close, after erratic fluctuations with modest central bank yen-support intervention. Calmness returned to the market in moderately active afternoon trading after erratic swings in the morning with the US
        220 words
      • 67 9 QUOTES on the Australia and New Zealand exchanges on April 4: AUSTRAUA: US dollar MIS/MOM Sterling 0 5407 0.5345 Ninety-day airmail buying rates: Sterling 0.5C07 US dollar 1.1519 Ninety-day forward buying rates: Sterling 0 5461 US dollar ***** NEW ZEALAND: Reserve Bank midrate USJ***** Trading Bank indications Sterling 0
        67 words
    • 1009 9 In the last two years Singapore's foreign exchange market registered spectacular growth rates. Turnover on the market last year was nearly US$5OO billion, about a five-fold increase over transactions four years ago. Of this amount, US dollar/deutschemark deals account for 30 per cent and
      1,009 words
    • 323 9 Reuter. THE Australian government will change its method of selling Commonwealth bonds to a tap system from the present method of period cash and/or conversion offers. Treasurer John Howard said the decision was approved at a special meeting of the Joint Federal/State
      Reuter.  -  323 words
    • 283 9 Reuter HONGKONG'S narrowly defined M-l money supply fell 6 per cent in February to HKJ22.10 billion compared with January when it rose 5.5 per cent, and stood 22.4 per cent (22.5) above February 1978, Banking Commission figures show. The more broadly defined M-2 aggregate
      Reuter  -  283 words
    • 299 9 Reuter A LARGE portion of the available gold this year is heading into speculative and fixed investment since demand for commercial purposes and hoarding will probably remain around 1978 levels. Dresdner Bank AG, in its regular foreign trade notes, said it is not clear what the
      Reuter  -  299 words
  • Page 9 Advertisements
    • 207 9 How well a fine car performs depends on how you care for it Mitsubishi genuine parts guarantee the best replacements for your car. Your Mitsubishi car is tough. But with age and intensive usage, some of the parts need replacing, and there's nothing wrong with that. But you, the Mitsubishi
      207 words

  • 1477 10 .ta Singapore BID and offer prices officially N luted and business in and re- ported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of 14X10 units unless otherwise specified. Ail Time Settlement Contracts
    1,477 words
  • 155 10 StNGAFOKE UNIT TSUOT liaaAMM' MAMI I p" star Apr i) The Commerce 2.21 2.35 The Saving Fund 130 1.36xd S'po-e Prog Fund O.ST 1.02 S'pore Sec. Fund 1.80 1.91 S'pore Invest Fund 129 1.37 S'pore Equity Fund 1.00 1.05 ASA UNIT 1*U8T (NaMim' priM i lar Apr Mai
    155 words
  • 2599 10 irr» H4<k Ut Coayujr Lul Sal* Gr*» DW +ar- DW CVr Gr** Net Y*M P/B Vol Day (*000) Hick Low SECTION ONE INDUSTRIALS 237 190* 142 180 744 278 302 202 380 207 Acma 123* Alcom 110 Allied Choc 150 BAT Bata 60 Ben 185 Berjaya Kawat
    2,599 words
  • 125 10 4 1/2% 1/8/80 (290.000) (M4OB 99.456) 4 3/4% 15/9/80 (250.000) (99 808 99 70S) .5 1/4% 1/3/81 (250.000) (100 JOB 100 28S) 6% 15/4/81 (250,000) (***** 99 706) 5% T F 1/5/83 (250.000) (100.108 100.206) 5 3/4% T F 15/8/81-84 (250.000) (101.7Q5) 5% 13/11/84 (250,000) (*****8 *****6) 7%
    125 words
  • 101 10 Striking prices of 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 in brackets. (Mi Storage (June $2.00) (0.358 0.455) C C (June $2.60) (0.558 O.6SS). PAN (June
    101 words
  • 1678 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. INDUBTBIAIB teat (2.358) > AjinoiiKHo (2.938) AtoMHI.KBI.HS) (4) 186 Atos Mi (12QS)
    1,678 words
  • 708 10 IT WAS a dall tradlag di> m tke Stock Exiwp at ttmam M meat kayers aad sellers rweM farther aad farther tram the market. Except far a few selected Issaes, vslame eeattaaed ta he Hgkt as reflected la the day's taraever whleh dropped ta
    708 words
  • 408 10 BRIGHTER sentiment ruled on the Kuala Lumpur stock market yesterday and prices advanced in more active trading. The renewed buying interest after the profit-taking bout on Tuesday took the blue chip indicator, the New Straits Times industrial ordinary share index, 3.56 points higher
    408 words

  • COMPANY NEWS
    • 705 11  -  BRIGHTER SECOND HALF LIKELY By MANO SABNANI IT IS NOW becoming clearer than ever that the future growth of United Industrial Corporation hinges on UIC-Marchon, the $20 million joint venture company with the UKbased Albright and Wilson group. Interim results of the property and detergent group
      705 words
    • 285 11 MALAYSIA Weaving Enterprise, which is having its name changed to MWE Holdings, expects to spend about Mss million to expand its yarn spinning operations now undertaken by its wholly-owned subsidiary Malaysia Spinning Mills. The company said the increased capital investment, of which $1.5 million is financed
      285 words
    • 621 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year M I lnd 5% Mar 19 Mar 29 Apr 6 5% Hume M 6% I Mar 14 Mar 26 Apr 13 6% 15% K Sidim 5% I Mar 28 Apr 7 Apr
      621 words
    • 180 11 Company Particulars Kx Date Books Close Keck Seng Bonus Issue of 1 for 5 Apr -1 Apr 17 Dunlop Kst Bonus Issue of I for 5 Apr 8 Apr 30 P. Products Bonus issue of 1 for 4 NYA NYA Toshiba Rights Issue of 3 for 2 Kovis
      180 words
    • 303 11 LOWER sales volume and increased costs resulted in a 12.5 per cent drop in threadmakers J P Coats (Malaysia) maiden operating profit to $765,600 for the year ended Dec. 31, 1978. However, directors have proposed an unchanged final dividend of 12.5 per cent
      303 words
    • 263 11 DATO Khoo Kay Peng has resigned as a director of SOVRAN INDUSTRIES BHD and its subsidiaries on Feb 15. t BUKIT SEMBAWANG Estates has announced the resignation of Mr Yeo Kim Tian from its board from April 1. The present directors are: Mr Lim Koon Teck (chairman), Mr
      263 words
    • 172 11 Prima Ploar Mills Ltd: AGM to be held at 201, Keppel Road, Singapore, at 3 p.m. on Apr 12. Development Bank o( Singapore Ltd: AGM to be held at DBS Building, Shenton Way, Singapore, at 11 a.m. on Apr 12. Malaysia Building Soeeity Bhd: AGM to be held
      172 words
    • 430 11 ■sacmaa by HOCK LOCK SIEW CONFUSION reigned la the market yesterday aad ironically it arose from the bubbling state of the market. Chartists had expected the market to take a dip first, pnreiy as a technical correction, before resuming its upward movement. However, with yesterday's
      by HOCK LOCK SIEW  -  430 words
  • Page 11 Advertisements
    • 575 11 SOUTH EAST ASIAN BANKING AND FINANCE CONFERENCE 19TH AND 20TH APRIL 1979 Sponsored by Financial Times and Business Times The Conference will cover major political, economic and commercial questions of interest to the regional and worldwide business communities. The Hon. Mr. S. Rajaratnam, Minister for Foreign Affairs, Singapore will be
      575 words

  • 693 12 UPI Reuter JAPAN and the United States will sign a US$l biltton (SJ2.I billion) agreement to cooperate in developing new energy sources when Japanese Prime Minister Masayoshi Ohira visits Washington next month. Japanese government Sources said yesterday the agreement calls for the two
    UPI; Reuter  -  693 words
  • 143 12 Reuter. THE US House of Representatives yesterday approved a bill authorising the Carter Administration to dispose of 35,000 long tons of tin stockpiled by the government. The bill earmarks 5,000 tons of the metal for a promised contribution to the price-stabilising buffer stock controlled by the
    Reuter.  -  143 words
  • 258 12 UPI WORLD trade agreements being negotiated in Geneva "won't be worth a tinker's dam" if the US industry does not start stepping up exports more vigorously, said presidential trade adviser Robert Strauss in Congress. "We've gotten lazy because we've got a real
    UPI  -  258 words
  • 52 12 AFP JAPAN will not "neglect" Malaysia in its "rush towards China" after the signing of the Sino-Japa-nese peace and friendship treaty. This assurance was given in Penang yesterday by Kenichi Yamaoka, leader of the U-member investment survey mission organised by the Tokyo Chamber of Commerce and
    AFP  -  52 words
  • 266 12 AIR NIUGINI, the national airline of Papua New Guinea, will start a onceweekly service between Port Moresby and Singapore via Jakarta from July 8. This will make Air Niugini the first South Pacific carrier to operate to the Republic. Singapore Airlines (SIA) in
    266 words
  • 93 12 AFP THE Malaysian Airline System (MAS) ran into trouble with the South Korean authorities from its inaugural flight linking Kuala Lumpur and Seoul, it was learned yesterday. MAS provoked ire on Tuesday in its first flight from Kuala Lumpur by letting off passengers
    AFP  -  93 words
  • 529 12 Reuter, AP ITALY, seeking better terms for its dessert grapes and wool textiles, has delayed agreement among the nine European Common Market members on initialling a new world trade pact. Britain and France also expressed doubts early yesterday at an EEC meeting of foreign
    Reuter,; AP  -  529 words
  • 816 12 LONDON, Wed. Market prices closed lower on profittaking, dealers said. At 3 p.m., the Financial Times index was down 1.5 points at 523.8. Government bonds closed up to 7/8 point easier on speculation that interest rates are unlikely to ease in the near future, dealers said. Industrial leaders
    816 words
  • 182 12 INDONESIAN Mining and Energy Minister Subroto has recommended that the domestic oil price be increased as soon as possible to help cut down current government fuel subsidy. Mr Subroto said after a Cabinet session yesterday that without the planned price increase, the government
    182 words
  • 377 12 SAUDI Arabia, which has so far resisted the trend among Opec countries to tack large surcharges on to the price of oil, has increased the "quality differential" on some of its oil, industry sources in New York said on Tuesday. But they
    377 words
  • 256 12 SLIPS AFTER TOUCHING 10-MONTH HIGH IN A beetle tepsy-tarvy day sf Mkr-recwtl Mlag sa the Tskys fsreiga exehugr yesterday, the Amerleaa dellar fell (ram It-maatfe Ugh against the Japaaese yea ta elsse at 214.4 yea, the same level as Tuesday's. Fsreiga exchange dealers repsrted that the US csrreaey rase ts
    256 words
  • 226 12 SINGAPORE Airlines' inaugural (light to Honolulu and San Francisco took place yesterday. To mark the occasion, the first flight, SQ 1, will bring back a group of 23 Disneyland cartoon characters from California. They will be accompanied by Disneyland Ambassador for 1979,
    226 words
  • 117 12 UPI I ONE OF South Korea's largest export-oriented conglomerates plunged into chaos yesterday when its top man was arrested on charges of embezzlement and foreign exchange diversion. Shin Sun-ho, 33, head of the Yulsan Group, was charged with embezzling and diverting U512.8 million (556.07 million)
    UPI  -  117 words
  • 34 12 THE Philippine Trade Ministry has authorised F E Myers Company of Ohio, America, to set up its Asian regional headquarters in Manila Myers manufactures water pumps, sewer cleaners and sewerage pumps.
    34 words
  • Page 12 Advertisements
    • 174 12 Special Purpose Machinery The Principal of a British Engineering Company, I. Beed Engineering now on a six week tour would like to offer his Company's technical, design and manufacturing services in the field of special purpose machinery to local industry. Interested parties, please contact: Mr. Lan Beed, Singapura Forum Hotel
      174 words
    • 192 12 DEVELOPMENT BANKOF SMGAPORE LTD (Incorporated in the Republic of Singapore) U5560,000,000 6% CONVERTIBLE BONDS 1991 ANNOUNCEMENT OF ADJUSTED CONVERSION PRICE To: All Bondholders Pursuant to Clause 8(6) of the Trust Deed dated 7 October 76, Notice is hereby given that the conversion price of the above Bonds has been adjusted
      192 words
  • Page 12 Miscellaneous
    • 59 12 Outlook for Singapore from 6 a.m. to noon today: Isolated showers around midday. Report for 24 prior to 1.3$ p.m. on April 4 at the airport. Maximum temperature 31.6 Associated humidity 72 Minimum temperature 24.5 Associated humidity 97 Hours of sunshine 4.05 Rainfall in millimetres 5.4 Total rainfall for the
      59 words

  • SHIPPING TIMES
    • PORTSIDES
      • 113 13 THE SECOND of Barber Blue Sea's six identical multi-purpose, roll-on roll-off supercarriers will be delivered to its -owner by Mitsubishi Heavy Industries on April 9. The ship, Barber Priam, will join BBS's first ship, the Barber Toba, in its round-the-world trade. The Barber Priam will sail under
        113 words
      • 110 13 AP A RUSSIAN cargo ship, a tug with two barges, an empty tanker and a Greek tanker collided near the mouth of the Mississippi River on Tuesday, shutting down river traffic, the US coast guard said. The two barges were loaded with a flammable liquid raising fears of
        AP  -  110 words
      • 33 13 Reuter THE UK Israel/UK shipping conference lines announced a new currency adjustment factor (CAF) level of 19.53 per cent against a previous 17.3 per cent, effective April 2. Reuter
        Reuter  -  33 words
    • 655 13 THE BURDEN OF BUILDERS THE DETERMINATION of the less-developed countries (LDCs) to build facilities for the construction of their own ships in the shrinking industry will prove to be a burden to established shipbuilding nations. Mr R.A. Huskisson, chairman of the Lloyd's Register of Shipping,
      655 words
    • 198 13 Market attention focused on the western hemisphere where Atlantic rates became yet firmer under pressure of demand for suitable freight space. The representative US Gulf-Holland grain rate again moved up when Toepfer fixed the Theodora at USUI (PIO), with a 75.000ton April 20-30 cargo. That rate was a
      198 words
    • 312 13 JOHN HENRY, the first ship in the fleet of American Heavy lift Shipping Company, has successfully completed its maiden voyage. The ship carried a Manitowoc crane from the US to France and returned to North America with components for a Canadian nuclear power station. The US company
      312 words
    • 3417 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      3,417 words
    • 491 17 Shipping Uk CM ACS n 5 Afea -IV 3 Alpac TV 5 Angkutan IV 4 ANL i 1 APL m 2 Arya Nat n 5 ASCL m 5 Asia Merchant IV 3 Aust.Cont IV 5 Bank IT 5 Batam n 2 BBS n 2 Ben Asia hi 3 Ben/EAC
      491 words
    • 937 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 U) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the
      937 words
    • 976 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Adriatic Container— Container Feeders. AFEA Line— Singapore Shipping. Ahli Shipping— Sharjah. Alfred C. Toepfer Line— Intermodal. Algerian National Line (CN AN)—Uni pacific. Alpac Line—Intrasea. Anhsing Line— Strongwill. Angkutan Pertambagan—
      976 words
    • 937 18 FAR EAST FREIGHT FREIGHT rates are continuing to be adjusted to reflect higher. operating costs. Recent fixtures have clauses to compensate for anticipated higher fuel charges. Rationing of bunker fuel is now a fact. As supplies in some ports are scarce tram per operators
      937 words
    • 274 18 Reuter TANKER owners are concerned about the cost of technical compliance with proposals by IMCO and other international conventions to change tanker design to ensure greater safety and avoidance of pollution, Marine Navigation Company chairman Helmut Sohmen said. He told the sea trade conference, Money
      Reuter  -  274 words
    • Article, Illustration
      437 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Centaur (Passenger) (1300 after Taronga huals) 1/2 Hongkong Island (0300 45 Korean Prince (2000) 6/7 S 51 (Barge) (0800 P/O) 16 Shoryu Maru (Tanker) (0700 Bulk Corn Oil Subj. gas free) 13/14 Straits Star (1400 tide) 6/7 Taronga (1100 hauls after Nedlloyd
      437 words
  • Page 13 Advertisements
    • 532 13 TANK CLEANING Whether you are sending it to the DOCKYARD for repairs, the SCRAPYARD for scrapping or making a CONVERSION consult: PIRAEUS MARINE SINGAPORE PTE LTD .1A KI) IM I AH Orient Overseas Co*dct*te/i Line FULLY CONTAMERISED SERVICE TO EUROPE (VIA SUEZ) NIPTUK CORAL 12* CHIVIU.SII PAUL IS** fCPTIK PEARt
      532 words
    • 298 13 B9!l!§ SEALORD ANTAH H fi UASC UNITED ARAB SHIPPING COW i All vessels ***** DWT.IOS TON H.LDe 11 288 TEU Capacity, Long Length Capabil ■■ARABIANGULF WEEKLY SERViCE> S pore Loading for a Dammam (30/4) Dammam (29/4). Dammam (2/5). Doha (4/5). Kuwait (7/5). Shuaiba (11/5). Dubai (16/5) Dammam (13/5). Kuwait (16/5).
      298 words
    • 266 13 SERVICE N COSAI C PAUI* N PtAft C ROft K IACEWON Hft CONTMNIfI MRCATOfI 0 CHKF 4 Mar 30 Apr 1 Ma, 11 May 7 May 8 Mi, 17 Alay 13 Mir Mi, 73 Mir 19 Mir 20 Mir Mir 2* Mir 77 Mi, 5 lune 1 km* 2Mm H
      266 words
    • 617 13 JAPAN/SINGAPORE SERVICE Sea Page IV Column 3 for Sailings Aqents KVOSEI AGENCIES <S) PTE. LTD. VIAHKt T iNG *****? GtNtHAL 91.1111 a v tuno asia ii%t son bhd K I 4?9r47' P Kl ANG *****1 3 PENENG *****/2 MAERSK LINE for U S Pacta. Gwlt 1 Atlantic md East Canada
      617 words

  • Page 14 Advertisements
    • 745 14 FULLY CONTMOBED TO EUROPE l>w»ed Irt 25/4 27/4 27/4 29/4 5/5 J/5 11/5 11/5 20/5 20/5 22/5 26/5 21/5 29/5 31/5 8/6 EXPRESS COMERTIOMN. TO EUROK !pn Plata* Mm (m> HWj Hm Mm M*«p Mm 14/4 16/4 19/4 15/5 24/5 22/5 19/5 17/5 S 29/4 1/5 28/5 21/5 8/6 6/6
      745 words
    • 396 14 IK mwi *in Apr 28 3 Apr 25 lhT« *28 "n Apr It N* 11 Mr l ■*>« 2 r it lM*r "UUB TOM'' Apr 30/Ujt 2 "IYSU" Nmn| 25-21/4 ROB I* "Ml -aamir p. mm* 28/4 rod b i Tr CMMM/UU Padfc C«st 7-9/4 2-3/5 54/5 >•11/5 S E:
      396 words
    • 485 14 (T) EVERGREEN LINE r FAR fAST [UROPt EXPRESS FULL CONTAINER SERVICE 1 ACCEPTHG CARGO FO* HAMBURG. FELIXSTOWE, ROTTERDAM. ANTWERP LE HAVRE ALSO ACCEPTOR CARGO FOR UNTTED MNGOOM 550TWHPTQ?nONOON MANCHESTER. MMNGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEOS WEST GERMANY 6KMERHMN HOLLANO AMSTERDAM EUROPE FAR EAST XPRE SS FIJI I CONTAINER SERVICE iwm irary
      485 words
    • 770 14 I Everett Lines 0 "BURMESE NATIONAL LINE" LOAMS rat RANGOON mn/ i«p> B F S S C Agents m MMyM TEPS MALAYSIA Port Kateog Tat I3M-7366 Ppnpng TM *****/***** tevMKton IfcKiwUl S. A. C.I. F, 'ARGENTINE NATIONAL LINE" PAWA ARCEMTMA 13/14 Nay IVIt 17/11 Mn* fi CtA Tt—pflwi Mwitiw MtKicMit
      770 words
    • 779 14 r mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM riO? 2103 ?ISTFIOOR MARINA HOI )SF SHFMONWAV MIST R! ROAD SiN(.APORf 2 TEL .VOl 144 7 ***** 70 roi SANKYO LINE AUSTRALIA SERVICE P. Kctmi SMgapare L«a*| tar MKT SKY SjM In Part AOEL, FREM TMUR STAR 7/10 Apr 11/13 Apr BBS,
      779 words

  • Page 15 Advertisements
    • 946 15 oec Overseas Containers Limited CfIWTfOSMP SOMCE TO W/CONTIOT: rpn Plabag Dalit Ira A'wp Le Newt kM 25Am 27 Apr 28Am (4 Iby) Tokyo lay 7Am 28Apr 30Apr IMr 4 Iby OenrtMr H Apr SMr 3Mr (14 Mr) CarMgaoßr 1) Apr »Apr 9Mr 11 Mr 12 My 14Abr RaagaMav »Apr 27
      946 words
    • 879 15 fyi granard line -TT—r NEST BOMM-FAR EAST/MEDTTERRMEAN MY MM Aft tu* M* MMDS PKKKSS ¥2SN f|M PJUMat FM| Jirn MM/r Sate/ PSaM/Meua*ia/ Bwvt Lnmsso* Piraaas, Tnpafc/Oeafhan/ 17 Apr Nipt 22 Apr MM/P S*d Aleiandria Beirut lattalua MV MM HMC V.2CN. 141b; 17 My •U. VESSELS ACCEPT* CONTNNOt CAKO Pveam Tripoli
      879 words
    • 408 15 BEN LINE CONTAINERS n BEN ASIA CONTAINER SERVICE EXPRESS CONTMNER SERVICE STRAITS/TAINAN/lAPM TO TAIWAN/IAPAN Mkkok Uaru 48* Benny Train 2tt Mkkofc Maru Benny Trldtr Clipper Act Bonn Ace Btnrala Benny Trater Ckpptr Act Bonrta Act STORE BEN LIE kl. BE* UK SSL CSC Line. LTD. AN MDEPENDANT CONTAMER SERVICE TO
      408 words
    • 354 15 Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE v. ■i: >\ l.it- 3»7iii #1 i.] irr m m 11 illwlllln 5) LaH 6) IT a COHVENTTOHAL SERVICE TOEUROPE TMJMI KB kb nmn FOR CUmu Lisbon. (tdam H bur| (hio. CltlfM. Bilbao Barcelona (t'dam H'bmt. Oslo. Aarhis. C'hagen Hartshamn MULTI-PURPOSE/CONTAINER VESSELS rat:
      354 words
    • 525 15 "i r BOUSTEAD SH,PPING AGENCIES THE BANK LINE LTD. U.S. GULF COAST SERVICE (New Orleans, Mobfle, Houston, 6 iveston) Sa«ap*e P. Rata* tenant US Go* HOWELL LYRES (LOADS) 22/23 VI 3 Ml U.S. NEST COAST SERVICE (Honolulu, Portland, Seattle, lonfbeach, San Francisco) Spare ASHLEY LYRES (to*h/<fech) 20/21 Apr BRMTON ITKES
      525 words

  • Page 16 Advertisements
    • 967 16 r~ \v Kline KAWASAKI KISEN KAISHA. LTD. TO EUROPE N COMI I?* C PAUL 15* N PEARL 14W C ROTE 13W Kelang LHavre R'dam 6 *4xl 23 Apr 24 Apr lb Apt 30 Apr 1 May 22 Apr 7 May 8 May 27 Apr 13 May 14 May 3 MA,
      967 words
    • 768 16 ISA/EAST CJUUOA SERVICE acceptk fa no. caira t Hn WHK. t mUR STORE E.C./GREAT LAKES SERVICE 10MME FOB: KW YORK. URU MHHH. PNURELPMA. MONTREAL. TORONTO 24/25 Apr */BMay 2*/27 Apr 28/38 Apr 9/18 May 11/13 Mr CALFORMA/PACIFIC NORTH WEST SERVICE T.O MECHAUYA •so WMU pwasK SAN FtANCSCO. SEATTU, TACOBM. VfMCOUKI.
      768 words
    • 311 16 < *IM>l 11 > SINGAPORE SHIPPING AGENCIES PTE LTD ,ntK JLOUH OC lAN BuaDiNG SNUAPOUt f UNO 9' Ilj; '3 t iNfcS GiNERAt. 91 31 1<,14 L 1 st S t« «S .T4S9S «S 2SSf>t< A 8 CAPSHP CABII CAOGO^H'P SINGAPORE ISLASDS MIPDI.t HAST RtdULAR USER A SAFE WAV TO
      311 words
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