The Business Times, 20 February 1980
1980-02-20
1
20
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The Business Times
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Title Section11 1980-02-20 1 BUSINESS TIMES M.C4P) No. 111/1/89 WEDNESDAY, FEBRUARY 2», MM SO CENTS11 words
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BRIEFLY...
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Article69 1980-02-20 1 UPI CANBERRA, Tues. Prime Minister Malcolm Fraser announced a massive military buildup today and Australia's intentions of helping the United States protect the Pacific and Indian oceans. In a speech to Parliament on the opening day of the summer session, Mr Fraser also reiterated the government's support forUPI - 69 words
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Article84 1980-02-20 1 UPI LONDON, Tues. Saudi Arabia plans to build up its gold reserves to US$B.B billion by the end of 1980 and then by a further $3.05 billion a year, bankers Hill Samuel's gold and currency expert Julian Philips said today. According to him, the first purchases, totallingUPI - 84 words
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Article57 1980-02-20 1 Reuter TEHERAN, Tues. Ayatollah Ruhollah Khomeiny, delegating his constitutional power, appointed President Abolhassan Bani-Sadr Commander-in-Chief of Iran's armed forces. In a message to the president carried by the official Pars news agency, the Ayatollah, in hospital recovering from a heart complaint, said he made the appointment becauseReuter - 57 words
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Article71 1980-02-20 1 Reuter JAKARTA, Tues. Falling world coffee prices have forced Indonesia to reduce its check price export surcharge and additional export levies for the second consecutive month, a government spokesman said today. He said the export surcharge for Robusta had been reduced to US$3.l2 per kilogram from $3.46Reuter - 71 words
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Article62 1980-02-20 1 AFP KUALA LUMPUR, Tues. Any military pact involving the Association of South-east Asian Nations (Asean) would be a set back to the proposed zone of peace, freedom and neutrality (Zopfan) in this region, Malaysian Deputy Foreign Minister Datuk Mohtar Hashim said. Malaysia was against such a pactAFP - 62 words
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Article32 1980-02-20 1 FRANKFURT, Tues. West Germany last year recorded its first current account balance of payments deficit for 14 years, a shortfall of U555,200 million, the central bank said today.32 words
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Article48 1980-02-20 1 AP LONDON, Tues. The afternoon fixing here today of U*****.25 an ounce was down from $661.75 at the morning fixing, and down from $661.50 at yesterday afternoon's fixing. The HONGKONG market remained closed today, while NEW YORK was also closed yesterday for Washington's Birthday. AP.AP - 48 words
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Article63 1980-02-20 1 AP NEW YORK, Tues. Stock prices moved sharply lower in early trading, as major US banks raised their prime lending rate to 15 3 A per cent. ,TheJ>ow Jones average of 30 industrial stocks fell 6.99 to 977.99 in the first half hour as losers outnumbered gainers byAP - 63 words
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Article139 1980-02-20 1 Rises Indices Canting* 555 55 Feb 14 Feb 19 D Keramat 1300 30 B.T.Index: 4116.06 4106.03 Straits Trading Emo Magnum Corpn MBS 965 30 Industrials: 476.28 483.26 620 585 297 30 30 30 28 Finance: Hotels: 866.29 882.77 418.77 419.29 Hong Leong 348 Properties: 351.45 351.06 O139 words
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Article, Illustration171 1980-02-20 1 Rises Indices S Mai Tin (M) 2000 75 Feb 15 Feb 19 Petaling Tin 1340 +60 B.T.Index: 6581.99 6488 12 Malayan Tin Jeram 3100 +50 Industrials: 526.58 532.20 370 +40 Finance: 783.33 789.08 Genting 560 +40 Hotels: 327.32 326.47 Magnum A Amal Hong Leong Malex GOO +30 Properties:171 words
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Article624 1980-02-20 1 FOO CHOY PENG - SALES OF $200 m BY 1990 By FOO CHOY PENG THE Government has drawn up a plan to develop a sophisticated export-ori-ented computer industry generating an annual revenue of $200 million within a decade. It expects that the industry will employ some 20,000 computer personnel by624 words
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Article300 1980-02-20 1 BACKED by the strong improvements of its subsidiaries, Prima Flour Mills recorded a 74.5 per cent jump in group operating profits to $18.46 million lor the year ended Dec 31, 1979. The company's directors have recommended a final dividend of 4 per cent taxexempt and 10 per300 words
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Article306 1980-02-20 1 CHEAPER vegetables, eggs and fish brought down the general price level for food last month but failed to offset a moderate increase in the Consumer Price Index (CPI). The CPI for January from the 1979 month showed a sizeable gain of 7.4 per cent. It306 words
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Article276 1980-02-20 1 FINANCE Minister Hon Sui Sen will deliver the opening address at an international forex conference in June. The conference, the 22nd Association Cambiste Internationale (ACI) Congress, comprising foreign exchange clubs of the world, is organised by the Singapore Forex Club and will be held in Singapore276 words
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Article130 1980-02-20 1 BURSTING with renewed vigour and enthusiasm, the Year of the Monkey swung into the Singapore stock market distributing gains on various counters. A four-day break from trading was apparently much too long for many investors, and msintalning that spirit of festive generosity, buyers pushed the Straits Times130 words
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270 1980-02-20 1 A COMMITTEE ef Sue Derby's beard ef director» will bml this afterta euslier the gnap*! laterim remits. Hefleettag the market's wait far the remits, the share price ef 81 me flaetaated mdleraMy yesterday meralag ea the Stack Exehaage ef Sagapare. Opealag streagly at270 words
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Article442 1980-02-20 1 TEO TECK WENG - By TEO TECK WENG LATEST estimates for the three massive hotels and a shopping complex at Marina Centre show the total cost of the project, taking into account cost escalations, will be between $600 and $700 million. Piling is expected to start in the latter442 words
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Page 1 Advertisements
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Advertisement47 1980-02-20 1 Raid Corporation For all types of o,, K> Culinary (Oriental Rakl Corporation mn European) T1: *****X*****4 h ,e Tel«*: RS 24*74 A/B R AKICOR nibbed, herb*. Catte "RAKICORP" seeds,roots, spices Fsao., and pulses MaraMing Industrial EilKt Natoytia Td: SS4S4 Manufacturer, lM«: "RAKKOBP" Johorc Bahru miller and stockists.47 words
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Advertisement35 1980-02-20 1 FRATA NCWS FOR RATES 8t BOOKING CALL MR. TAN KAY HOCK MRS. JUDY TEO MISS. CHEW LEE LEE FRATA SHIPPING PTE. LTD. Suit* 801. Ml) Floor. WofM Trad* Contra. Maritime Souara, Slneaoora 0409 Telephone: *****0435 words
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Advertisement45 1980-02-20 1 ration SHIPPING TIMES INSURANCE rtmmfadwi 11 np t—few 12 fey COCKPIT HiM beea —11 mM It mi NEW Japaieie ftreigi ex- 11 ehuge i»— 12 g—i are UriM AIBCEAFT I, TV AND EADIO f, CBOSSWOBD I WHERE TO WINE AND DINE t, SHAKE INFORMATION It45 words
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Advertisement141 1980-02-20 1 FOR PEOPLF WHO MATTER This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in alf important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about 8,000 words each. There is a141 words
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TRADE AND INDUSTRY
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254 1980-02-20 2 TEXTILES, dried goods, kwayteow, towgay, fruits, vegetables, meat and fish must be sold only in metric units from this year as laws will soon be introduced to make this mandatory for all retailers. This was announced by Mr Chia Boon Pin,254 words
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Article114 1980-02-20 2 HEWLETT PACKARD Singapore will celebrate a decade of operations in Singapore next week. The company, which began operating in 1970 with only 13 workers, now has a workforce of 2,000. To commemorate the event, Hewlett Packard Singapore (HPS) has invited the MP for Telok Blangah,114 words
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Article, Illustration221 1980-02-20 2 CAR maintenance tools developed locally by Toff-Koto Singapore are now being used worldwide in Tuff-Koto rustprooflng centres. One snch tool is a Alitor that is claimed to ent down maintenance time, allowing for cleaning of an airless pump once in six months instead of monthly. The second innovation221 words
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252 1980-02-20 2 THE Vocational and Industrial Training Board (VITB) has outlined specialised training programmes to meet manpower requirements arising from the possible implementation of a mass rapid transit (MRT) system in Singapore. Study findings by the VITB show that the following types of manpower252 words
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Article, Illustration174 1980-02-20 2 THIS IS the master control room where an Australian-designed computer system is coordinating the movement of traffic through the city of Sydney with 33 cameras covering 153 intersections. The master control room will incorporate regional computers to manipulate traffic flow at major intersections within a 32174 words
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223 1980-02-20 2 A HIGH powered team of economic and scientific experts from China will speak on the Chinese economy in the 1980s at a seminar to be held in Hongkong. The seminar, from March 7 to 8, is designed to give a first-hand view of223 words
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148 1980-02-20 2 AUSTRALIAN National Industries Ltd (ANI) has bought over a local company, Container Care Ltd, for less than $240,000. This is the first step in the Australian company's multi-million-dollar programme to expand its internation] container repair and storage operations. The company expects fb spend up148 words
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Article278 1980-02-20 2 LPS MEN IN low-grade jobs, such as messengers, are more likely to die of heart disease than top administrators, according to a new research in Britain. A survey of nearly 20,000 civil servants has shown what are described as "astonishing differences" in the risk of fatalLPS - 278 words
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Article, Illustration142 1980-02-20 2 CENTURY Park Sheraton Singapore has announced the appointment of Blefeari H* as assistant director of sales and marketing. Mr Ho, a business administration graduate from the University of Sydney, has spent 11 years -ia the hotel industry. Meanwhile. Mandarin »n Singapore has announced >d the appointment of142 words
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Article, Illustration96 1980-02-20 2 THIS IS an integral cabinet/chassis assembly for an electronic visual display unit (VDU) manufactured in structural cellular thermoplastic. The manufacturer, Hettinga Equipment Inc of lowa in the US, says the advantages of this system include high strength to weight ratio, excellent dimensional stability and very good96 words
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Article687 1980-02-20 2 COURSES AND TALKS Feb 4-29: Course for School Inspectors, RELC, Ministry of Education Feb 22: Technical Talk, RELC, Singapore Manufacturing Engineers Feb 26: Technical Talk, RELC, Singapore Manufacturing Engineers Feb 28: Quality Control Circle Meeting, RELC, SQRA > Feb 28-29: Computer Appreciation, Shangri-La, Price Waterhouse March 3-4: How687 words
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Page 2 Advertisements
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Advertisement276 1980-02-20 2 MANAGEMENT DEVELOPMENT SEMINARS IMPROVING ORGANISATIONAL EFFECTIVENESS Seminar I Seminar II HOW TO ANALYSE STRUCTURE MANAGER AND TEAM YOUR ORGANISATION DEVELOPMENT Singapore: 3—4 March 1980. Singapore: 6 7 March 1980 Kuala Lumpur: 10-11 March 1980 Kuala Lumpur: 13 14 March 1980 Content: Organisation structure—roles, Content: Characteristics of a well desystems, procedures,276 words
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REGIONAL
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413 1980-02-20 3 AFP THE Indonesian 10,500 billion rupiahs (US$l6.B billion) draft budget will come up for a final vote on Feb 28, with the Muslim PPP (United Development Party) faction giving advance notice that it may reject the bill unless the government gives inAFP - 413 words
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267 1980-02-20 3 AFP THAILAND'S third Kriangsak Chomanan cabinet members officially took up their posts yesterday when they took the oath of office' before King Bhumibol Adulyadet in the northern capital of Chiang Mai. The Prime Minister and his new cabinet, announced on Feb 11, would beAFP - 267 words
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107 1980-02-20 3 Reuter PENINSULAR Malaysia's trade surplus narrowed to MJ217.7 million in October from $253.2 million in September, compared with $209.3 million a year earlier, the Statistics Department said. October exports rose to $1.78 billion from $1.70 billion in September and $1.35 billion in October a yearReuter - 107 words
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362 1980-02-20 3 Reuter JAPAN'S overall balance of payments deficit widened to U552.22 billion in January from a downward revised $512 million deficit in December and a $974 million deficit a year ago, the Finance Ministry said in a preliminary report. The January current account deficit widenedReuter - 362 words
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158 1980-02-20 3 AP. THE Bangkok-based Dusit Thani Corporation recently signed an agreement with Chinese officials to build a 50ft-room first-class hotel in China, a spokesman for the company said yesterday. The hotel will be constructed at Zhem Zhen city in the southern Chinese province ofAP. - 158 words
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Article92 1980-02-20 3 JAPAN yesterday decided to exchange instruments of ratification of a new JapanUS extradition treaty to replace the old one concluded in 1886. In the new treaty, which will go into force a month after the exchange of ratification instruments between the two governments, 47 offenses are92 words
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Article48 1980-02-20 3 PAKISTAN has asked Japan to sharply increase its aid following the Soviet invasion of neighboring Afghanistan, a Japanese official said on Monday. Japanese Deputy Foreign Minister Yasue Katori made the report to Prime Minister Masayoshi Ohira after returning from a visit to Pakistan on monday.48 words
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THE REGION IN BRIEF
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Article481 1980-02-20 3 Agencies AUSTRALIAN Premier of Queensland Joh BjelkePetersen, on a visit to Tokyo said talks are proceeding with different countries on possible investment in Australia's proposed first uranium enrichment plant. He said: "I wish to put up the proposition to Japan," but did not name other countries being approachedAgencies - 481 words
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Article, Illustration143 1980-02-20 3 Reuter NORTH and South Korean representatives yesterday failed to reach agreement on the venue for proposed talks between their prime ministers, but decided to continue discussions on March 4, a Southern spokesman said. The talks, the second contact aimed at arranging the premiers meetingReuter; UPI photo - 143 words
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Page 3 Advertisements
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Advertisement95 1980-02-20 3 y j| 2 e. 'f> \lr e% A 'S T 4 It ft sr. Hfl j J V i: The sign of the leader Martell. The world's leading cognac Full of character, smooth, mellow and aged with the experience of eight generations of the Martell family. Look for the sign95 words
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RAW MATERIALS
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Article768 1980-02-20 4 ALONG with most other commodities, the market for lumber in Japan has been on a bullish course of late. According to a recent issue of the authoritative Japan Economic Journal, trading companies have "successively boosted log prices on the ground of depleting inventories." This naturally768 words
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Article40 1980-02-20 4 Rubber: Feb 19 Singapore: March: 381.00 cents (down 8.00 cents) Malaysia: March: 386.00 cents (down 7.00 cents) Tin: M 52,227 (up $16) (equivalent to $36.82 per kilo) (up 26 cents) Official offering: 113 Vi tonnes (up 4Vi tonnes)40 words
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Article341 1980-02-20 4 THE SINGAPORE market closed lower yesterday with March One RSS buyers quoted at 381.00 cents per kilo, down eight cents from last Thursday's close, dealers said. Morning prices were marked down three cents on stale bull releases and forward offerings, they said. Afternoon prices fell further on lack of341 words
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Article406 1980-02-20 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 378.00 380 00N ***** 373 00N Int. I R.S.S. March 388 00 390 00 381 00 383 00 Int. 1 R.S.S. April406 words
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Article125 1980-02-20 4 NOON SSR tnd SMR i pnco ye*terday RAS March April (Curreat Mtfc) (Forward Mth) Buyera Seller* Buyer* Sailers SSR 20 11 -tot t pallet) .***** *****N 334 00 336 OON SSR 50 (1-tOI i pallet) 327 00 329 OON 331.00 333 OON MRELB March April SMR CV125 words
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Article97 1980-02-20 4 THE Straits Ha price ii Peaaag yesterday rase M|lC per Meal to $2,227, to stud $227 abeve toe latoraattsaal Tla Agreemeat celling, dealers said. lie firmer seatfmeat was bssstod by steadier Leadsa advices ud a eeatiaaed lew tia ere delivery with mast miaers still away far toe CUaeac97 words
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Article63 1980-02-20 4 THE MARKET in Kuala Lumpur traded under steady conditions yesterday. Prices were unchanged from last Thursday's level in very quiet trading as most operators were still away for the Chinese lunar year holidays, dealers said. Pakistan was reported tendering for neutralised palm oil March position. In the central63 words
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Article159 1980-02-20 4 CHINESE Prtdict Ex* chaage, Stogapere, aaaa cMig prices per pica! yesterday: Caeeaat all: Bulk $107 sellers, old drum $113 sellers, new drum $117 sellers. Gapra: Mixed (loose) UK/ Cont 165.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $335.00 sellers, Sarawak while fob 96% NLW $320.00 seUers, Sarawak159 words
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Article176 1980-02-20 4 CHICAGO Board of Trade wheat futures closed steady on Monday, unchanged to up US 2'/« cents a bushel. After trading on a weaker tone in early trade, domestic commercial buying supported the market most of the day. The lower Argentine 1979/ 80 wheat crop estimate put out by the176 words
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Article124 1980-02-20 4 CHICAGO Board of Trade soybean futures closed on the lows, US 5V4 to 2'A cents a bushel lower, in revived trading volume on Monday. Traders said that computer-directed commission house selling was the main feature in late trade. Slow cash movement limited any hedge pressure but equally lacklustre domestic124 words
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Article248 1980-02-20 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.98, 100 per cent second class 0.83, 100 per cent third class 0.81, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super 0.63, Special 0.57.248 words
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Article811 1980-02-20 4 SUGAR: Number two raw sugar futures sold off further yesterday morning but finally staged a partial rally on mixed short covering, to close with pared on balance losses of £9.75 to £7.25 per tonne. The number four raws market followed a similar pattern, closing the morning £11 to811 words
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Article61 1980-02-20 4 THE EEC Commission is taxing community exports of raw sugar because of the rise in world prices, a Commission spokesman said. A levy of 6.05 ECUs, US$B.7O, per 100 kilos took effect on Saturday, the spokesman said. Its effect is to stop depletion of EEC stocks by suppliers61 words
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ASIAN STOCKS
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Article637 1980-02-20 4 TOKYO Source: DBS-Daiwa THE MARKET was very calm yesterday after Monday's sharp decline. Large capitalisation issues, heavily traded over the last two days, lost ground on profittaking. Coal, non-ferrous metal and machine-tool issues were bought in place of these heavily traded issues. Investors seemed to be still onSource: DBS-Daiwa - 637 words
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Article432 1980-02-20 4 A LATE rally yesterday (ailed to reverse a day of (ailing stock prices with investors apparently diverted to more attractive prospects in the US and Japan following higher interest rates there, dealers said. The AU-artttnaries index finished the dsy at 905.17, down 555 from Monday. Minings suffered particularly with432 words
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Article262 1980-02-20 4 PRICES closed mixed yesterday in weak trading, dealers said. Industrial Finartce Corp rose one baht to 134, Capital Trust down 2.50 to 59.50, First Trust lost one to 70, and Jalaprathan Cement and Rama Tower were unchanged at 122 and 87.50 baht. FEB It Bants Asia Credit 196 2262 words
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Article104 1980-02-20 4 FEB 1» Poos Acoje Mining Atlu Cod. A Ml unch Atlu Con. B. 60 AO «4 Bagulo Oold Benguet Con B Br Goodrich am 80 .00 -0 0002 -4 17 m -02 CDCP 8J0 -03 In«i A Larvdoll r joitb -0 0035 Lepanto B. -4101 HirtnduqiK B 2000 -0.7104 words
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Article57 1980-02-20 4 FINANCIAL TIMES INDUSTRIALS Monday 4*310 Friday 482.0 Week ago 406.9 DOW JONE8 AVERAGE INDUSTRIALS Monday cloaed Friday MLM Week ago WfcM HXHANG SENG Tuesday Cloaed Monday Cloaed Week ago ***** SYDNEY INDUSTRIALS Tuesday 001.48 Monday 683 J3» Week ago «71.91 ALL ORDINARIES Tuesday 806.18 Thursday #47.47 Week ago57 words
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Page 4 Advertisements
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Advertisement183 1980-02-20 4 TAX HAVENS Tax Havens where are they How can they be used? How can you cut your taxes by using them These are just some of the questions which are answered in this valuable guide. .v.- v> abij v n Aa tax haven the nature of nit or to form183 words
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OVERSEAS
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Article685 1980-02-20 5 ARRIVALS Service Local Operator Number Tint From GIA GA980 1030 HLP SIA MAS SQ103 mm ioe 1045 KUL KUL GIA GAS44 1065 PKU GIA GA908 1100 MES UB UB231 1115 RGN SIA SQ240 1125 MES THAI TG423 1125 BKK PAL PR501 1135 MNL SIA SQC 1135 MNL685 words
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Article220 1980-02-20 5 Reuter PIERRE Trudeau swept back into power in Canada's general e lotions yesterday, barely two months after the former prime minister had announced his intention of quitting as leader of the Liberal Party. As Prime Minister Joe Clark conceded defeat after only nine months inReuter - 220 words
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209 1980-02-20 5 Reuter WHILE hundreds of thousands of car workers are out of work in the United States, employees of the Ford Motor Co's Brook Park facilities are seeking stricter limits on the number of foreign cars brought into the country. But an industry executive saysReuter - 209 words
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Article223 1980-02-20 5 AFP EGYPTIAN Economics and Foreign Trade Minister Ha rued el Sayeh yesterday ruled out any special trade relationship with Israel as a result of normalisation between the two countries. He told the newspaper A 1 Ahram the normalisation would mean an end to the boycottAFP - 223 words
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Article156 1980-02-20 5 AP THE British government announced, after agreeing with the European Common Market Commission, it is curbing imports of artificial fibres used in carpet making to protect ailing British industries. British Trade Secretary John Nott was criticised for not making the curbs strong enough when he told theAP - 156 words
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Article174 1980-02-20 5 Reuter FRANCE has no intention of refunding Iran its billion dollar share in the Eurodif Uranium enrichment plant, French Industry Minister Andre Giraud said. It is a matter for the French law courts to settle, he told reporters. Mr Giraud, commenting on a statement byReuter - 174 words
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Article115 1980-02-20 5 THE Sultanate of Oman has clarified, through a release in Singapore, its recent talks on defence matters with the United States. A government spokesman in Muscat says Oman is considering what facilities it might grant to the US in view of the dangerous situation in the Middle115 words
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439 1980-02-20 5 NYT UPI THE American hostages in Iran must be released within a specific period of time or the UN inquiry commission will abandon its task, officials at the UN disclosed on Monday night. This was the outcome of 6 Vk hours ofNYT; UPI - 439 words
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WORLD IN BRIEF
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Article336 1980-02-20 5 Agencies THIS week's long term planning meeting in London of Opec will examine an Iraqi proposal to set up a fund to help developing nations, the Iraqi news agency said. Under the plan,, oil producing and industrialised states would help reduce the impact of inflation and risingAgencies - 336 words
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Page 5 Advertisements
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Advertisement971 1980-02-20 5 Its more impressive to fail on a difficult objective than to succeed on a modest one." American Express, in conversation with Cardmember Sir Edmund Hillary. i A: 4 7 Sir Edmund ("call me Ed'*) Hillary: Mountaineer, Adventurer, Explorer, Author, Businessman, Nepalese Bridge Builder, Chairman of the Himalayan Trust. Attended Auckland971 words
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Article384 1980-02-20 6 COMPUTERS have always fired the imagination of man because of their seemingly limitless capacity for work. There are of course the myths about what these machines can do. Science fiction writers have often conjured up visions of computers running cities and machines that can create even384 words
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Article275 1980-02-20 6 INNOVATION is a word which has gained currency in Singapore only recently, but the process which it describes must have been at work since the founding of Singapore for it is only through innovation that a tiny trading village could have grown to the metropolis275 words
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919 1980-02-20 6 REGINALD STUART - By REGINALD STUART NYT THE FORD PINTO trial may go down as a spirited but defective prototype for trying a new hybrid in American courtrooms a case in which a manufacturer is tried on criminal charges for an allegedly defective product. The existenceNYT - 919 words
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Article, Illustration768 1980-02-20 6 ANTHONY ROBINSON - What happens to Yugoslavia if Jcsip Broz Tito leaves the stage? ANTHONY ROBINSON reports. ANTHONY ROBINSON FT THE SERIOUS Hin»« of Yugoslavia's 87-year-old President Josip Broz Tito is sending waves of nervousness around a world already deeply unsettled by the Soviet invasion of Afghanistan. Strategists, who interpretedFT - 768 words
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Page 6 Advertisements
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Advertisement109 1980-02-20 6 K k* Homemakers/Fumima '80 win bring you an even greater wealth of homemakmg ideas Exhibits wtli includequality furniture and furnishings a variety of household appliances as well as sophisticated bathroom, kitchen and Irving room products and designs Visit Homemakers/Fumima 80. One of the biggest events ever organised for you and109 words
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Page 6 Miscellaneous
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Miscellaneous1215 1980-02-20 6 TVF&IRWIO Arsenal against Brighton fcic m FA CM. Wm letMtlf* DM mi* (played tgr M«t DM), bl tMifkt'l IfUM*, c a s 5 i c C W d 3BC MTtVM at Later la the SINGAPORE 5 3.00 PM Op win feflowed by Please Don't Eat The Daisies (r) 3.25 Diary1,215 words
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Article, Illustration1755 1980-02-20 7 PETER SCHUYTEN - j INVOLVING BILLIONS NOT MILLIONS OF DOLLARS The magical name is video. The final masterpiece may look and even be an ordinary television set. But you, the consumer, will be able to determine what appears on the screen and when, reports PETER SCHUYTEN. PETER SCHUYTEN.NYT - 1,755 words
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Article287 1980-02-20 7 AIRLETTERS from India have become the Coffee Board of India's medium for letting the world know „What good coffee from that country is all about. Drawn on one page is the head of a handsome-look-ing Sikh complete with turban and luxuriant flowing beard with the declaration287 words
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740 1980-02-20 7 JAMES RESTON - FOBUHi with JAMES RESTON NYT PRESIDENT Carter has a good idea about registering both men and women in the United States for national service, but he hasn't gone far enough. He has been too military, apparently even in the judgment of his own wife. HeNYT - 740 words
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Page 7 Advertisements
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Advertisement105 1980-02-20 7 Air Freight and all that jazz. If you think all air freight is the same old tune with different words, consider this. We've re-written the whole score on international air freight service. Our computerised global tracking system monitors your shipment from origin to destination to keep you informed. Our fast105 words
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Page 7 Miscellaneous
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Miscellaneous42 1980-02-20 7 DnStcW: EmnitDLckeni roa su)epfr»NG> Pfioßjs&oj, rny -DON'T know MART'S THE. t v *xn'H is dry u>th meTooftv... rrw Prltos ■?v\x y (D ntHING Vm fMJ-J\TfePy as =^^sL/-^ Pptms rctmNG? (jJPGCS oorii4D»*ijp>u symptoms!; OF fT*S TH9E£ O'CLOCK ON A FI?|DFSV A\Tw,Tt*' p v,»)42 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article282 1980-02-20 8 FEB 18 Frs CORBEILLE Air-Liquide 517 -3 B S N G^rvais Uanone 1014 -47 C S F (Thomson C»f) 555 11 CI* Franca ise des Petroles 2S1 -5 Compagnie Financiere Compagnie Generate 363 1 Credit Fonder De France 475 4 Hachette (Librairle) 249.80 -17 Machines Bull 69 10 -265282 words
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Article78 1980-02-20 8 KEB 18 Fn FORWARD MARKET Acec Arbed Astur 322 2145 CM 4 -85 -28 Braacan Bru-Lamb 062 16S0 -m unch Canpac Cock I> Bern 1112 343 368 -90 I -3 Ebei EJwtrobel 2190 sno -20 80 Gb-Inno-Bm Gfi 2545 906 -55 18 Hobok Petro Ryl Dutch 3156 5040 244078 words
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Article210 1980-02-20 8 KEB It Din Aef-Telefunkeil M -01 Akzo 23 00 All! Leben no oo -10 Alii Vers 383 00 BASF ***** -3 Bay H T Wbank ***** unch Bay V ban It 275.00 -S Bayer 127 00 •1 rut moo 4 2 RUtt icsoob Cauella 327 00 2 Chem Verw210 words
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Article188 1980-02-20 8 FEB U Francs Aruoni Suiuei m unch Alusulue Br 1330 unch Alusulue Rm. 49# unch Brown Boverl Br. IMO IS Clb« Geigy Br. 1230 ♦s Ciba Gfigy P C 1000 s Clb« Oelfjr Ref 881 -1 Credit Su«*e Br 2435 444 -1* Credit Suisse Ref •2 Elektrowatt Br 2370188 words
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Article202 1980-02-20 8 FEB IS ru ABN 292 00 -4 Ahold 77 80 -15 Akzo 25 00 -09 AMEV 98 50 4-1 Am fas 111^0 unch Amro Bank 61 70 -08 Bertots 46 00 -1 Berk 102 90 -0.1 Boll SO 00 -07 Borsumij ***** Burhmann 82.10 unch Byenkorf 61 00 -0.2202 words
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Article106 1980-02-20 8 FEB 1$ Lire Ante MS 0.5 Aaor Oen ***** 1340 Butofl 877 -21 Cenlraie 8300 100 Flat 1193 11 Vmttdrr H 25 -4 73 Gen Immob 80 40 0.75 Ifl Pti MOO 101 lialremrnli ***** 1706 lUlfU (12 7 llaUMer M0 •4 Mnjnrti M Pt 80S Mara til Ere106 words
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Article187 1980-02-20 8 KF.B O AMUM a Alcmn -2'. A1 torn* JT. Bank Monl -1 Bank Nova Scotia Bell Tel Ifunch Beth Cbrp BP Can Ltd -1 Brascan Camp Red Lake 36 -1*. Can Imp Bk Can par -I'. Cupac In* Pf Carting O'Keefe Cominco 71 -V: Cons Bath Cons Mart*nor a187 words
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Article311 1980-02-20 8 FEB IB Rand INDUSTRIALS A Alpha 290 4-5 A bercom 305 -5 AE And CI 070 -20 AM1C -ISO Btrlovi 1010 *30 C| Sufar 1150 -150 CNA 410 410 C'urMe Finance 166 unch De Beers Ind 2500 Edcon 505 •15 Edgars 0150 150 Eve ready Fed Voik 455 S311 words
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Article314 1980-02-20 8 Reuter PLANS for the fins wis) rescue of Industrie Pirelli SPA., the Mh Italian nfwiHwg subsidiary of the PlreDi SPA group, have made further progress with the formation of a banking consortium to back part of a capital increase, banking sources said. A consortium led by MediobancaReuter - 314 words
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Article153 1980-02-20 8 Reuter BP AUSTRALIA has confirmed its plans to buy a 50 per cent stake in the Milmerran, Queensland, low grade coal deposit through its purchase of Milmerran Coal Pty Ltd. Milmerran Coal is a privately owned company which has SO per cent of the MilmerranReuter - 153 words
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Article99 1980-02-20 8 BRITISH Ley land is studying a long-term partnership accord with Japan's Honda, it was reported in die Sunday Telegraph in London. It would entail major investments over the next 10 to 15 years to enable British Leyland, in difficult social and financial straits, to diversify its range of99 words
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Page 8 Advertisements
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Advertisement81 1980-02-20 8 Where to wine, dine and entertain Trade Cen you musi# Delectable local dishes and Western lunches set in daintily stylish Scandinavian decor. Popular SELF-SERVICE lunch daily. From 10 30am to 3.00pm and snacks from 3.00pm spm You've got to it to believe! Fabulous harbour view DO Sentosa Isle beyond. t,81 words
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Advertisement130 1980-02-20 8 m 4 *r*, H v- v *5 1 Ao^safc lisf fv W?£&&& r W'W&A:. WA'-'± 4-^jri $p*» A,} f<* >™ t t- v i f-or banquets. I or conventions. For other functions of flawless finesse. l"< ".s'■ i >'< > i!S( I■■: it '\ts l>:U :!:>>M.: *r :< i->{> >130 words
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Advertisement116 1980-02-20 8 i if*i msL m Mi V. u- «M >/ s </ t 4 yy tint; (t Merlin's unique Disco Qub of the 80s. Experience' its wizardry in light, sound and show spectaculars completely turning the disco scene into a thing of style. At Studio M Direct from New York Don't116 words
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Advertisement131 1980-02-20 8 r Take a sluiaboat to noiahere Better than a cruise That's Hin s exclusive Golden Steamboat AM trip prerequisite ingredients are here. TaK" you* pick Take your time Take this steamboat going nowhe r e Arid sail along with your choice of typically Cantonese favourites Pius our very own Flavours131 words
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Advertisement69 1980-02-20 8 8m Paga 4 tor Asian stocks NYSE was clo—d on Monday for Washington's birthday Tj Q? r'j'tJ&Lnjj ns\ t RWfllf fi Robins Tavern. The place to go to, after work. To relax, and to enfoy your favourite drink. In a co«y, soothing atoaoapkere wttli cool, a lire group. Viait na69 words
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BANKING AND FINANCE
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Article375 1980-02-20 9 THE Chartered Buk has promoted three of its officers to the rank of SubAccountant. They are: Messrs Chia Song Ngee, John Leow Lip Chuan and Benny Sit Kim Guan. Mr Chia Song Ngee joined the bank in 1947 and has seved in a variety of posts,375 words
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284 1980-02-20 9 IN A BUSY finale to a nervous week, events last Friday morning compounded confusion and left participants wondering which way to look next. First, the Labour Department announced a 1.6 per cent jump in January producer prices for finished goods, twice the 0.6-0.8284 words
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Article100 1980-02-20 9 A LOAN for the Bank of China being lead managed by Union de Banques Arabes et Francaises-Übaf has been reduced to US$3OO million over five years from an originally planned 1500 million. The interest rate on the credit, which will be signed in London on Feb100 words
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351 1980-02-20 9 BANK of Japan will raise the reserve requirement ratios for commercial banks from next month to reduce monetary liquidity in Japan as part of its price-curbing policy. Bank officials said details of the bank's plan for increasing the ratios are still under discussion351 words
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Article176 1980-02-20 9 BANK of America has just signed a credit agreement committing up to US$3OO million, for the financing of nuclear fuel for Commonwealth Edison Company. Committed for a period of five years, it will support the issuance of commercial paper by Commonwealth Fuel Company and provide credit to176 words
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MONEY AND EXCHANGE$
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Article562 1980-02-20 9 THE U.S. dollar closed generally firmer against the major currencies in active trading yesterday after the Bank of Japan announced a one per cent increase in its discount rate to 7.25 per cent. From a high of 244.95/06 yen, the dollar fluctuated for the most part of the562 words
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Article22 1980-02-20 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.5 per cent.22 words
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Article182 1980-02-20 9 Asian rates ASIAN currency deposit interbank rates as at close on Feb 19: US Dollar*(Spot) Offer Bid 7 days IS 5/16 153/16 1 month 16'< 16'« 2 months 1511/1615 9/16 3 months 15 13/16 15 11/16 6 months 1513/16 1511/16 9 months 15 15'j 12 months 15 7/16 15 5/16182 words
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Article211 1980-02-20 9 GOLD futures in Singapore yesterday closed generally easier compared with last Friday's close here, dealers said Trading was very quiet throughout the day owing to lack of interest and also to the holiday in Hongkong, they said. Turnover for the day was 102 lots while kerts was seven lots211 words
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Article315 1980-02-20 9 THE U.S. dollar opened firmer yesterday against most major currencies compared with its closing levels here on Monday night, largely on the back of the stronger Eurodollar deposit rates, dealers said. They noted the deposit rates have risen about v« across the board in the wake of the 3/16315 words
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Article167 1980-02-20 9 THE DOLLAR for overnight delivery closed sharply firmer yesterday at 245.10 yen, compared with a 245.00 opening and 243.80 at Monday's close, after active central bank yen-support intervention, dealers said. Trading Was heavy, with volume of US$9l9 million. The Bank of Japan sold an estimated $150 to 1200 million167 words
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280 1980-02-20 9 THE Maaiiabaned Asian Devetopmeat Baak'i total leadlag to 191» totalled U551,251.58 bOBm tor 57 to 18 devetoptag member eeaatrles (DMCa). It «aid to tto quarterly review that ton totalling $835.25 mllltoa «we (ran the balk's wflwry capital fMWCM Mi $418J8 mllHta trMD280 words
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655 1980-02-20 9 A PROPOSAL to limit bank exposure to foreign exchange risk could, if enforced, lead to a shift of business from London to other less restrictive financial centres. A draft version of the plan, in which the Bank of England suggests limits based on655 words
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Article85 1980-02-20 9 LLOYDS Bank International Ltd said it decided to close operations of its Amsterdam subsidiary Gilissen Jonker NV and curtail local activities of another unit, Bax' Bank NV of the Hague, following a review of its activities in the Netherlands. Lloyds branches in Amsterdam and Rotterdam will cease85 words
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Article250 1980-02-20 9 STANDARD Chartered Finance BV, a wholly owned subsidiary of Standard Chartered Bank Limited proposes to issue US$75 million guaranteed floating rate notes (FRN) 1990 through an international syndicate led by J Henry Schroder Wagg and Co Limited and European Banking Company Limited together with Morgan Stanley International250 words
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Page 9 Advertisements
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Advertisement145 1980-02-20 9 The international bank with your interests at heart. Dai-lchi Kangyo Bank is Japan's largest bank. With total assets of over 73 billion dollars. But our size doesn't make us impersonal. A worldwide staff of financial experts ready to give your project their individual attention. And we have your interests at145 words
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1849 1980-02-20 10 BID and otter prices officially Uvted and business in and reported to the Stock Exchange of ftagapore yesterday with the number of shares traded ■hown in brackets in lots of 1.0« units unless otherwise specified SECTION ONE INDUSTRIAL r A e COMMERCIAL1,849 words
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Article164 1980-02-20 10 SINGAPORE I NIT TBl'ST INCOME BOND UNIT (MiMfffi' prket i far Pel ni) (Carres t ft teea) The Commerce 2.44 2.S9 Income Bond 1 19 1.X The Saving Fund 159 1 69 S'pore Pnoff Fund Sporr See Fund 109 1 15 1.94 2 06 MAKA BI'MIPITBA S pore164 words
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Article2738 1980-02-20 10 Gr's Gr's i Net 1979/1980 Last Div Div Y'ld P/E Vol Dav High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 308 207 Acma 295 unch 15.0 2.2 5.0 15.1 13 295 293 233 123 Alcom 223 unch 10.0 1.3 4.4 29.7 12,738 words
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Article2230 1980-02-20 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange last Friday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise stated. INDCSTWAU; Arm* <3 MS) 3 00 Aka« (2.298 2.305) (3) 22,230 words
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Article, Illustration730 1980-02-20 10 BUYERS retaraed with renewed «est to puk prices broadly higher at the Slagapere Stock Exehaage yesterday, the first tradiag mdn ia the Laaar Year ef the Meahey. CfMaiMe atteatlaa was feeased aa flasace stocks which eaee again shewed streag galas aerass the heard. Brekers aeted730 words
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Article577 1980-02-20 10 THE first trading day of the new Year of the Monkey ended on a rather mixed note on the Kuala Lumpur Stock market yesterday. Trading was fairly active. A burst of buying support, as though investors were ushering in the new year, gave the market577 words
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COMPANY NEWS
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Article, Illustration469 1980-02-20 11 P GUNASEGARAM - By P GUNASEGARAM ALTHOUGH Far East-Lev-ingston Shipbuilding (FELS) has slumped further into the red for the past year, it is optimistic of an upturn in the next two years. The company has recorded a pre-audit loss of about $5.5 million for the year ended Dec469 words
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637 1980-02-20 11 THREE plantation companies within the Sime Darby stable Kempas (Malaya), Benta Plantations and Taiping Consolidated recently released an encouraging set of interim profits which could, in some ways, herald the trend of results expected soon from leading Malaysian plantation companies for financial 1979. All three637 words
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Article87 1980-02-20 11 TAIPING Textile has announced that its proposed bonus issue of 5.625 million shares in the ratio of onefoi -four has been approved by the Malaysian Capital Issues Committee. The issue will raise its capital from MJ22.5 million to $28,125 million. The new shares will rank pari passu87 words
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Article166 1980-02-20 11 MALAYAN lilted Industries will hold an EOGM on March 8 to approve the issue and allotment of a further 11,536,200 ordinary shares of $1 each Holders of existing shares to March 10 are entitled to a rights issue of one new ordinary share of $1 each for every166 words
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Article406 1980-02-20 11 Date L Mt Pall Ye ar Company PerM Amueed Net EPS Grws Pre-tax last year (eeato) Div. Preflt M'wata Steel <%> (WW) I 22/12 12.4 10.0TE 14,803 Folex Ind d F 18/1 2.7 0.0 858 Nat Iron F 7/2 57.8 *17.9 37,679 F E Le'ston F 8/2 0.0406 words
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166 1980-02-20 11 MORE THAN 900 employees of the Kuala Lumpur and Penang Merlin hotels will receive salary increases of between 12 per cent and 17 per cent. The wage increases were endorsed when the managements of both establishments signed collective agreements with representatives of the166 words
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345 1980-02-20 11 "WHATEVER was Sime Darby's rationale behind its bid for Guthrie Corporation last year, it could not have been economies of scale it was an opportunistic bid that failed." This is the reaction of Sfcr Bernard Lewis, Guthrie director and managing345 words
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177 1980-02-20 11 MALAYSIA Building Ssdety (MBS) hat iMraaei Its earnings rsnsldrrably f«l--towing a sharp rise la toaas given Mt. The campnny's pre-tax pnflt far the year eaded Dee SI, lWt, rate a sslid 41 per ceat to Mf21.1l milltoa. Mortgage toaas receivable at the end sf177 words
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Article484 1980-02-20 11 UOCM3 Stf(D®CL^ by HOCK LOCK SIEW THE current demand for property shares may not be as feverish as it was a few weeks ago. But this is not to say that interest in the sector has diminished. After all, the property sector will always remain a majorby HOCK LOCK SIEW - 484 words
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Article259 1980-02-20 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year A Molek 25%<f) Feb 4 Feb 14 Feb 25 25% 20% B Kawan 10% Jan 29 Feb 8 Feb 27 15% 12£% Duff Dev 2-5% Feb 5 Feb 15 Feb 27 5%259 words
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Page 11 Advertisements
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Advertisement73 1980-02-20 11 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 23rd August, 1982 of: The Mitsui Bank, Limited Hong Leong Building. 16 Raffles Quay Singapore 0104. We hereby certify that the rate of interest payable on the above-mentioned certificates of deposit for the interest period beginning73 words
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Advertisement101 1980-02-20 11 o* o\uv^ n c J i *va ri*Tf'il*T*l RWfmSSfl t\» UPS* V st TVA 9 0 0 w »7/ discrimi schizophrenia? Is the Abominable Snowman having a secret affair with Nessie, the Loch Ness Monster? cheered as the answers to these and many other equaHy momentous questions have been launched101 words
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653 1980-02-20 12 LEE YOKE MENG - By LEE YOKE MENG THE insurance commissioner of Singapore yesterday warned local life insurance companies against being lulled into complacency by what they have achieved or by their own misconception that Singapore is a closed market for the industry. Speaking at the opening of a653 words
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220 1980-02-20 12 A .NEW management structure is now in force at the United Overseas Bank (UOB) Group. The change includes several new appointments of deputy chairman, vice-chairman and six general managers to head the principal operating divisions. With immediate effect, the position of managing director is220 words
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Article782 1980-02-20 12 LONDON, Tues. The market closed mixed with a higher bias in quiet trading, dealers said, and at 3 pm, the FT index was unchanged at 463.0. Government bonds closed with gains of around point, reacting technically to recent weakness and aided by UK Chancellor of Exchequer Geoffrey Howe's782 words
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256 1980-02-20 12 THE sale of Cockpit Hotel in Oxley Rise, which has been under receivership for over a year, has been confirmed. The buyer, Mr Kevin Hsu, owner of Kevin Jewellery Singapore (Pte) Ltd, is believed to have paid $45.5 million for the 10,343 square metres256 words
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Article, Illustration355 1980-02-20 12 WANG LOOK KEAH - By WANG LOOK KEAH SINGAPORE Airlines has awarded a $19.2 million subcontract to design and build the roof of its clear-span hangar a the Changi Airport to McDermott South-East Asia. McDermott, an American oil rig fabrication company which won the contract against strong competition from355 words
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Article198 1980-02-20 12 AIR LANKA will soon decide between the McDonnell Douglas DC-10-3po series and the Lockheed Tristar 500 aircraft for its fleet expansion. The newly-formed national carrier of Sri Lanka has decided to buy two wide-bodied aircraft and evaluation studies on the DC-10 and the Tristar 500 have been198 words
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351 1980-02-20 12 SPORTS Reuter THE surprising United States, a young and inexperienced team, continued to march towards an anticipated showdown with the awesome Soviet Union for the ice hockey gold medal in the 1960 Winter Olympics in Lake Placid. The Americans, for the most part aReuter - 351 words
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117 1980-02-20 12 AFP. THE FOREIGN Ministers of Europe's nine Common Market countries were expected to discuss European Economic Community (EEC) policy on the question of an Olympic Games boycott, at their scheduled meeting in Rome yesterday. Although the subject at the top of the agenda wouldAFP. - 117 words
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Article62 1980-02-20 12 IN LAST Thursday's Business Times report headlined "Chong Gay faces injunction", it was said that Chong Gay was seeking a $2.5 million bank loan on a third mortgage of its property. This is inaccurate. The sum represents moneys already advanced to Chong Gay before the intended execution62 words
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Article188 1980-02-20 12 Reuter JAPAN'S new foreign exchange law will retain some controls over capital transactions, although current transactions will be largely liberalised, a senior official of the Japanese Finance Ministry said. The law will be enforced before the end of September this year and detailed regulations are beingReuter - 188 words
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161 1980-02-20 12 Reuter BRITAIN'S Conservative government, divided over how to handle trade unions, yesterday unveiled complex proposals to mildly strengthen legislation aimed at curbing union power. The announcement by Employment Minister James Prior came amj<i mounting concern over violence on picket lines and withReuter - 161 words
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Page 12 Advertisements
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Advertisement55 1980-02-20 12 SPKUIhk BUSINESS TIMES t fc->22 Th ward o Us urr Address \<fc H $30.00 impost-free^ ORDER FORM >- Yes, I would like 77)« Edward de Bono Think Shrink. >> To: Federal Publications 1. New Industrial Road, Singapore 1953. .copy/copies of I enclose in full payment (all checks, money/postal orders made55 words
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Page 12 Miscellaneous
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Miscellaneous66 1980-02-20 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Windy with showers in a few places after midday. Report tor 24 btore prior to 7.3t p.m. on Feb II at the airport. Maximum temperature 31.5 Associated humidity 65 Minimum temperature 24.0 Associated humidity 97 Hours of sunshine 5.20 Rainfall66 words
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SHIPPING TIMES
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PORTSIDES
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Article61 1980-02-20 13 Reuter NICHIMEN Co Ltd said it has won an 8.6 billion yen order from the Malaysia International Shipping Corp (MISC) to build two 31,300 pwt combined timber/bulk carriers. Kanda Shipbuilding Co Ltd will build the carriers for delivery of one in December 1981, and the other in MarchReuter - 61 words
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Article77 1980-02-20 13 AP THE first ship from mainland China to come to the state of Oregon in 30 years arrived on Monday afternoon with a cargo of arts and crafts, food and other bulk merchandise. The freighter Rong Cheng will return to Shanghai with a cargo of PacificAP - 77 words
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Article49 1980-02-20 13 AN ISRAELI oil tanker, the 70,000-ton Irene, will become the first Israeli vessel to take on oil in the Alma region of western Sinai next week, the Jerusalem Post reported on Sunday. The Irene will ply regularly between Alma and Israel's Eilat port in the Red Sea.49 words
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Article73 1980-02-20 13 A FILIPINO crewman on the 4,804-ton Liberianregistered freighter Alan died in hospital on Monday after falling from the ship at a pier in Oita, Japan, the Japanese Maritime Safety Agency said. It also said the bodies of two crewmen from a Japanese freighter which sank in the sea73 words
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512 1980-02-20 13 G DURAIRAJ - By G DURAIRAJ MAJOR ports in Peninsular Malaysia are likely to lower their tariffs for coastal vessels engaged in domestic trade. The lower tariffs is one of the measures proposed by the ports to promote the government's cabotage policy which came into force last512 words
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Article577 1980-02-20 13 SMpptag Uae PH« (M f f PH® Gal Adriatic IV 5 Dong Sue VI 5 Afea VI 3 DSR VI 3 Alfred vm 2 EAC Lines n 4/5 All trans VI 2 East Malaysia VI 4 Alpac VI 5 Egyptian Int vm 1 Angkutan VI 4 EUat577 words
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Article, Illustration617 1980-02-20 14 MORE than 1,000 ships with a crew total of 10,000 are expected to take part in an international sailing event at Amsterdam from Aug 612. Indications are that Sail Amsterdam 1960 will be a much bigger event than Sail Amsterdam 1975 organised to celebrate the617 words
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Article956 1980-02-20 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival Is advised by the Shipping Line/Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following956 words
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Article1434 1980-02-20 14 THE market opened on a quiet note and brokers anticipate similar conditions yesterday due to Monday's Washington's birthday holiday in the US. Grain chartering was again very slow but cargos were booked from the US Gulf to Japan at $23 JO fio for Feb and from US North1,434 words
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1216 1980-02-20 15 WHETHER they like it or not, Korean shipowners have been designated a position in the vanguard of the country's fight for self-suffi-ciency. Although in the words of one owner, "the terms are not good", the government has made available 30 billion won to domestic1,216 words
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279 1980-02-20 15 A CORONER'S jury investigating the capsizing of a Taiwanese freighter that killed 30 crew members on Christmas Day has placed much of the blame on the slow response of Canadian authorities. The jury determined that the ore carrier Lee Wang Zin struck Celestial Reef279 words
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Article178 1980-02-20 15 EIGHT young Cubans who used five rusty handguns and a bomb threat to hijack a Liberian freighter manned by Hongkong crewmen and force it to Key West told the first mate they would rather be eaten by a shark than return to Cuba. After the178 words
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Article, Illustration427 1980-02-20 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Raya (shifts after Fushimi Maru sails) 1/2 Chidambaram (Passenger) (0700 after Wakatake Maru) 42/43 Dong D (after Korean Crown Subj. freeboard) 23/ 24 Elizabeth Roth (after Dresden) 31/32 Everfaith (Clinker) (after Gudrun Bakke hauls) 5 Gudrun Bakke (hauls 115 m east427 words
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3516 1980-02-20 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of3,516 words
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825 1980-02-20 20 AFP RATES continued to improve in the west while the tone remained firm in the east last week on the freight market. Active Chinese and Japanese interest, particularly in grains, gave encouragement to owners, as did the general demand in otherAFP - 825 words
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208 1980-02-20 20 A GALA splash was planned by Lockheed Shipbuilding Construction Co to launch the 23,000-ton submarine tender McKee but the splash became a crash as the McKee slipped its bonds. During the lauching ceremonies on Saturday, the ship broke free and sped across the208 words
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Article135 1980-02-20 20 The major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. 'K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines. Neptune135 words
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Article189 1980-02-20 20 OFFSHORE SwttMit Arift Ceafereaee aid EiMMU—- Feb 26-29, 1980, Singapore. Contact: Offshore SEA, 6-E Mt Sophia, Singapore 0923. Ocmumlhv latermatiml '8# CMfereaee ami ExMMtl«B March 2-7, VXD, Brighton, UK. Petroleum Geology of the Continental Shelf ,of Northwest Europe March 4-6, 1980, London. An international conference organised by the189 words
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186 1980-02-20 20 THE London-based container consortium OCL is considering tenders to convert two 30,000 tonnes dwt containershipS from steam turbine to slow speed diese] engines. The vessels, Discovery Bay and the Moreton Bay are a little over ten years old and the company is still weighing186 words
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Article201 1980-02-20 20 SEATRAIN Lines Inc said its revenue increased 46 Ccent to U*****.9 milfar the six-month period ended Dec 31,1979. Revenues for the same fiscal period last year were $331.3 million. Net income was $6.5 million compared to $7.0 million for the previous period. The company noted201 words
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Article1405 1980-02-20 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A B Adriatic CwtalMr Container Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/FN). Alfred C, Teepfer Sea Consortium (S)/Marintex Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg and1,405 words
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Page 13 Advertisements
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Advertisement341 1980-02-20 13 I.veivff Lines THI MOST miQUIMT SAIUMOS TO «AM«KO« HONMONB JAPAN NJSAM. KvotM ttMnwMp Corpn. t/A C*"*'® V n fopo 1 tew* V»««v* OC»C N> T, O C C N| 21 44* 3 *>•» «**o*a YOCV-"? CO 9**o T* *7721,$ m I RI) I\ I I \ll m Orient Overseas Co*Uci*teA341 words
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Advertisement372 1980-02-20 13 aax§ SEALORD ANTAf I UASC UNITED ARAB SHIPPING COfSAG; WEEKLY MULTI-PURPOSE SERVICES loading for FULLY CONTAINERISED SERVICE Loading for Dubai (14/3), Damnum (16/3). Kuwait (18/3). I Abu Dhabi (20/3). Bahrain (22/3). 1 Mma Qaboos (24/3). Doha (26/3) Dubai (17/4), Dammam (19/4), Kuwait (21/4), I Abu Dhabi (23/4). Bahrain (25/4). Mma372 words
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Advertisement72 1980-02-20 13 NEPTUNE ORIENT UNES LTD FAR EAST EUROPE FULLY CONTAINFRISED SERVICE SI. MM. HCQMI-. K. lACEJM.... N.PUU.-. C.MBL Cantaintn Feeder to/from F'stowe Mm accept** cargo t*/fr*m Scmtmb C. CONTMKR S'p*re Cton* Tmm FCI Cart* 10. Cap 0300 23/2 1500 22/2 STRAITS AUSTRALIA RO-R0 CONTAINER SERVICE A member oi fhe Jnr t72 words
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Advertisement467 1980-02-20 13 CONFRE-ASIA PTE. LTD. MONTHLY TUG AND RAMP BARGE SERVICES. BINTULU SARAWAK TARAKAN KALIMANTAN (OTHER PORTS ON INDUCEMENT) ENQUIRIES: TEL *****M/9 TELEX. RS ***** CONKAB. mm WHO Aeta F#r Wktm MAERSK LINE 2SZ EC m "TP -mn^in^ui-nr^T-rfn* 10/3 30/3 10/4 I 13/4 24/3 13/4 23/4 26/4 31/3 20/4 30/4 3/5 MOMtHU467 words
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Page 14 Advertisements
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Advertisement590 1980-02-20 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG RfflJ, MALA YSIAN MTERNA TIQNAL SHPPHG CORPORA TtON BPRHAD HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 Contjmr Service T> Ehw S pore 1) Mseiltn 2) Rdam 3) H burg 4) Gburg Feeder *PKe»ang Vessel S'pore 1)590 words
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Advertisement251 1980-02-20 14 B|s SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA n .MMi ku •24/2 2-3/3 7-9/ 3 10/3 HTOK I CU Mm Si* Ctatn hn I Tat Baden St Ma H Orl Hnttai 34/3 2/4 6/4 1/4 3-S/3 26/4 1/5 4/5 5/5 lt-H/3 17/4 22/4 24/4 7/5251 words
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Page 15 Advertisements
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Advertisement468 1980-02-20 15 Overseas Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok contaoirshp service to uk/cowtipit: CONTAOPBHP SOWCt FROM j/MTOW: (MP Mara Eft* Mm hM Eapnat f«kf> tor liiiipeel trf SINGAPORE MM6FIID aNffAMER SOMCES, PTE LTD *****1 K.LUMPUR: CONTAfIfR AGENCSS *****4, PJCELANG *****6/S PENANG BOUSTEAO468 words
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Advertisement509 1980-02-20 15 Franco Belgian Services {F'it Fast fTench Service with. Belgian f".;r F<rsftrn [.met* w w* BUI FMU. COWTMWBWr SEWHCE RMM EMMPE vmmm t. KUME Li Him r*. Wtot Brwi I'wp ftm trtan Fm Im Li H»wt P«<m jm MFA 2i FA MM. ISM. Ufa MM. 23 A. K. MCEMI IF* *2509 words
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Page 16 Advertisements
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Advertisement845 1980-02-20 16 FULLY CONTMOBED TO EIMOfC EXPRESS CONVENTIONAL TO EWOK Spar* P.KMm|Pm Mm (mi H"Wj Btmm tunMHM mi »n nn 20/3 u/3 jo/j 21/3 ntgefcMn 25/2 70/3 30/3 28/3 S*ftnfhdmn[|/3 13/3 16/3 6/4 16/4 14/4 25/1 23/3 25/3 23/3 11/4 9/4 FULLY CONTMOBED TO fiENOA/TROTE TR HK S (w« P Xatmg Gmm845 words
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Advertisement498 1980-02-20 16 LINE KOREA SHIPPING CORPH P. Keta* STORE ALTAJR 149W 6/9 Mar 10/13 Mar FMBUSAN ALTAR 150E 6/9 Mar 10/13 Mar tTbU&AI K6AI47W 7/10 Apr 11/15 Apr FMBUSAN BANGKOK VEGA 148E 7/10 Apr 11/15 Apr TO BUSAN PENANG CALL SUBJECT MDUCEMENT KX KX KX KX KX KX KX KX KX KX498 words
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Advertisement372 1980-02-20 16 ©EVERGREEN LINE f AR E AST FUROPf FXPRFSS FIJI I COM AIM R SfRVfCf ACCCPTWG CARGO f<* HAMBURG. FELIXSTOWE. ROTTERDAM, ANTWERP LE HAVRE ALSO ACCEPTWG CARGO FOR: SfllmttMPTON London. Manchester, dwmwgiiam. BRISTOL. LIVERPOOL,-GLASGOW. LEEDS WEST GERMANY HOLLAND AMSTERDAM I Sfm mfmt MMMMMUnp UNm Im Ite Bte 24 te 27 te372 words
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Advertisement926 1980-02-20 16 Everett Lines Bvnw Fw# Star Shippoiof Corp*. "BURMESE NATIONAL LINE' LOAUNG FOR RANGOON BFS S C Agent* n Motaywo TEPS MALAYSIA Port Katang Tal (38>-7355 Panong Tal *****/***** liwftin IffQlKW—m S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOAOMG FOR OWMN, 1 2 CAPETOWN. HDDS AMES Vsm Mr iter Tramp ortsctoii926 words
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Advertisement572 1980-02-20 16 ■iiv wwwßiy, reorwy Z», lfM J UO.S.E. 1 A A >■ 2 4 OCEAN SHIPPING ENTERPRISES PTE ITD SANKYO LINE AUSTRALIA SERVICE mi CAM.. NE RNERm MM.... P. KatMl ftvpn LeaNnc tar taP*ri SM SIB.ftL.MQ 21/23 Mar 11/2® Ibr MB. STD. Ml 1/3 Apr 4/5 Apr HSU. «Q BANGLADESH SERVICE572 words
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Page 17 Advertisements
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Advertisement618 1980-02-20 17 PIL GROUP EAST AFRICA/R£DS£A HASTOKf ASEAN GREATNESS IE/IO 24 Feb *s£ an nations x/te is tu ASEAN LHRTT 31/ SO 7 Apr •SUN MISSION 4C/SO t May DCCHAAGJNG FROM EUROTE EUMK FUROR EIMPE Cl* STOW ASIAN GREATNESS 3*l/W 13 Ma, ASEAN NATIONS AN/10 9 Mir ASEAN LKRTY SN/I0 IS May618 words
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Advertisement807 1980-02-20 17 BEN LINE CONTAINERS k EM M MM QMBS CONTARER SONKt TO/FROM EUROTC KBUK BHA*M ROM HAVRE SOTQI S port P KeMaf WCarawny/ AirsJra Ai*»erp frmt» M til M M Pvt 11/) 12/3 IV) IV) V a/2 14/3 17/1 u/] a/I a/; -2/1 a/i «/i a/3 n/3 a/ 3/3 a/3 a/i807 words
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Advertisement559 1980-02-20 17 Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE 'UN Featei i ram an mm 1/1 IMI IVI itmm a/i imu a/i J MU IV4 i ramet a/4 I) lintoaa. C«m. la* In "Hi. UJL. Canary I 1) ImtaHiMii Mr h ftaPko* EAC Saert I urate? It 4an> 3>H barg 4)CbV| a/t559 words
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Advertisement533 1980-02-20 17 Page V BOUSTEAD SHIPPirgG AGENCIES BAN INE LTD E S OR NT L I U.S. GULF CMS! SERVICE (New (Means, MoMe. Houston, Gahreston) Seaport P KeUnt Kuantan US Gtdl I oust I ruts (dndi ft Mads).. 24/27 Feb 7 Apr GENEVWE LYMES (fed) ft loads) 4/7 Mar 12 tor DOLLY533 words
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Page 18 Advertisements
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Advertisement824 1980-02-20 18 8 K LINE KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA feeder hessels* n EarOer letder f«Mh atu DiUk n n—it ah* acceptable tar Oakland Vmcwmt. Pwttand Hnh b. Mmtai Beitoe. WW. PMa*ptaa ftartaft. Utan, SatrMNb. tac*Mff*«. TO EUROPE I accepting cargoes la Scandbiavia ni Hunbwi) FROM EUROPE TO FAR EAST824 words
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Advertisement434 1980-02-20 18 calrorma/pacric north nest service Im*| Mr LOS MEEUS. SM FRRNCBCO. JEiTTIf. fACOM. MCOm RC EXPRESS CORTARU/CONVERTIONAL/ REEFER SERVICE Mlw| Smpport i AapN »f* i m- ni AUSTRALIA EXPRESS CONTAINER SERVICE NEW ZEALAND SERVICE IK HOHVA PRAtUT imiiTOH KUMCTOK MOUjM) hlKUaUkn Penanj P W»* Smpewf H Mar JAPAN SERVICE Ot/TWMfr reoiUMAv434 words
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Advertisement482 1980-02-20 18 l*« »l 11 SINGAPORE SHIPPING AGENCIES PTE LTD .C" KOI" rx I AN Bun 0 SG S SGAPOBE VA»»{Ti*,G9'' 3 i S GfN{ u A 9>T'' '1 i iNE Si '(U< OS 2459S MS ft 8 CAOSmp tn/t ;aSjOSm'P Cinull (lontniiicr Lines WEEKLY CONTAINER SERVICE to/frcwn BANGKOK nor STOKOM) KIN482 words
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Advertisement647 1980-02-20 18 QRANARD LINE INDEPENDENT- A TTRACTIVE RA TES MEDITERRANEAN SEA SERVICE ACCEPTING CONTAiNEk CARGO FCL ONLY FOR; PORT SAID. ALEXANDRIA. BEIRUT. LATTAKIA. U MAS SOL. ISTANBUL PIRAEUS Specially engaged agents A stewdores providing immediate discharge mv. cm no vjml ljJi MV. MM CHEONC VJ7W SM* MV. MM FMK V 3M 4647 words
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Advertisement572 1980-02-20 18 '1 II INTRASEA (PTE) LTD. House 234E Orcha'd Road Singapore 9 Telephone *****M'*****5? MOM£k9MA'M»SMM REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'part P. Rating Parang Laadfav tar rtSTB N879 hPart SaM NANTES/UK (AVON) NANTES/IK (AVON) ROTTERDAM MmKK/ROTTEROAM BOULOGMi/UK (AVON) PBTBNB7O LkPvt SaM MANTES/UK (AVON) OLYMPtA ROTTERDAM HARMONY NB7I 27 Fak572 words
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Page 19 Advertisements
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Advertisement165 1980-02-20 19 TRUCONTAINER EXPRESS INTERNATIONAI (S) PTE LTO Suites 1311/1312. Shaw Towers. Bead) Rd, Singapore 0718 Regiiar Container Service accepting FCL/LCL Cargo for New Zealand Auckland, i. I Wellington,: <+> Littleton, Dunedin Australia Sydney, Melbourne, Brisbane, Adelaide, Sri Lanka Colombo, i. Europe and U.K. Call *****81 j Container leasing services IfSS ICCU165 words
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Advertisement193 1980-02-20 19 GARWARE SHIPPING CORPN. LTD. FOB BOIB4Y SMGAPOKE 23/25 FEB P KELANG RISHIVALMKI 23/25 FEB (MDMN FLAG-BUR.T ISM) RtSHI VtSHWAMTTRA 12/14 MAR (MDMN FIA64ULT 1970) Fa CONT AVERS ACCEPT AMI nam SWGAPORE. STRAITS SHP SERVICES (PTE) LTD., TEL: *****61/2, *****98 P. KELANG: PSO SMFPMG SON. BHD.. TEL: *****1-5 HEAP SENG TRADING193 words
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Advertisement164 1980-02-20 19 > \W: PERKAPALAN LAUTAN BIRU Regular Service to East Malaysia V Sia Sn<pp>ngiVliS(ln Bhd PorK ang Tel 38 77b* 38 747<) 38 Tei«» VA ***** S pore Gayd Ocean Shipping P?p Ltd Te< ***** 295C"4f, Te'P* OS ***** ANHSING OVERSEAS LINE «GULM SEN CONTAMER/LKR SOWW UNION CARIBBEAN UMON HSBON S164 words
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Advertisement242 1980-02-20 19 M.V. 'DOMINUS' ARRD > 8.2.80 PABIR PANJANG WHARVES CDN 303 Consignee of damaged cargo ex the above mentioned vessel are hereby notified that the General Survey will be held on the 20th February, 1900 from 0900 hours to 1000 hours. No further survey will be held after this date. LIAN242 words
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Page 20 Advertisements
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Advertisement181 1980-02-20 20 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE FT KEL PENAN6 PT SAD ALEXANDRIA NLEU Feb 28- Apr 20 MARTRANS CARGO PLEASE CONTACT SCHEMKER SINGAPORE TEL *****11 -r EGYPT ALEXANDRIA SINGAPORE Feb 10 Feb 2S PYRAMDS U Mar 3 Mar 19181 words
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Advertisement90 1980-02-20 20 ZIK INTERNATIONAL FREIGHTWAYS PTE LTD /iVPERKAPALAN LAUTAN BIRU W: Regular Service to East Malaysia Gaya Ocean Shippa* ft» IM. 5110, NOH HUP COWIEX (7ft I BEACH MMO. STORE *711 T«fc *****10 ft *****46 Loadnt toe KJC./Kudat H.V. HELLESPONT I SEA CONSORTIUM (PTE) L TO. SINCAP'W ill 9160?? ll* US rIIOS90 words
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Page 20 Miscellaneous
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Miscellaneous138 1980-02-20 20 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: Cente* of Tropical Depression, msTlmum wind speeds 22 —33 knots. I Direction of movement Centre of Tropical Storm, maximum wind speeds 34-64 knots. >0~ 8 indicated by arrow and Centre of Typhoon, maximum wind speeds 65 knots and above./138 words
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