The Business Times, 21 February 1980
1980-02-21
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20
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The Business Times
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Title Section11 1980-02-21 1 BUSINESS TIMES M.C.(P) No. 119/1/81 THURSDAY, FEBRUARY 21,1« M 50 CENTS11 words
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BRIEFLY...
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Article62 1980-02-21 1 NON-PETROLEUM investments in Singapore last year was more than $720 million, reflecting a 42 per cent increase over the 1978 I flgure, according to the Singapore Investment News, published by the Economic Development Board. This figure also exceeded the targetted $600 million. Total investments, including petroleum projects, also62 words
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Article78 1980-02-21 1 AP BERN, Wed. Swiss authorities, in a new effort to help check rising interest rates, lifted more curbs on the inflow of foreign capital into Switzerland. A national bank communique said that effective Feb 21, interest payments on savings and other Swiss franc accounts held by non-residentAP - 78 words
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Article60 1980-02-21 1 Reuter LONDON, Wed. Average earnings of all workers in the UK rose 19.6 per cent in 1979, compared with a 19.1 per cent increase in the year to end November, the Department of Employment said. The index of whole economy average earnings was set at a provisional 165.0Reuter - 60 words
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Article73 1980-02-21 1 Reuter LONDON, Wed. Workers at British Ley land's largest plant, Longbridge, have voted at a mass meeting overwhelmingly against strike action in support of a sacked union official, Britain's domestic news agency, the Press Association said. The union official, Derek Robinson, was sacked last November for publishingReuter - 73 words
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Article37 1980-02-21 1 AFP BEIJING, Wed. The main industrial enterprises in China have been given the official goahead to start far reaching reforms of their management systems, giving them much greater autonomy, the Chinese government announced today. AFPAFP - 37 words
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Article66 1980-02-21 1 Reuter TOKYO;~Wed. Kobe Steel of Japan said today it would not be able to meet orders from foreign aircraft manufacturers for titanium alloy because of a world shortage of the strategically-important metal. Kobe Steel, Japan's biggest titanium alloy manufacturer, has received requests for the metal from Boeing andReuter - 66 words
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Article77 1980-02-21 1 UPI NEW YORK Wed. The stock market, rebounding from three straight losses, pushed higher early today with the aid of bargain hunters. Trading was moderate. The Dow Jones industrial average was ahead 4.94 points to 880.96 around 11 a.m. Advances led declines, 621 to 427, among the 1,487UPI - 77 words
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Chief Price Changes
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Article132 1980-02-21 1 Rises Temerloh 760 110 Hume M 340 28 SEAL 280 28 C C 320 16 Tti Choag Berjtyt Kawat Cold Storage 520 15 290 15 297 13 Mai* Rice 258 11 Tractor* 720 10 Ming Court 310 10 Falls Sclaagor Dredg 565 -35 Straita Trading 950 -15 Dunlop Eat 505132 words
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Article, Illustration174 1980-02-21 1 Rises Indices Tractors 750 +35 B.T.Index: Feb 19 Feb 20 S. Lumber 290 +25 6488.12 6509.21 Sel.Prop 770 20 Industrials: 532.20 530.34 Petaling Tin 1360 +20 Finance: 789.08 783.72 Kuchai 300 15 Hotels: 326.47 326.29 Malex 535 15 Properties: 377.73 377.62 Falls Tins: rubbers: 300.93 298.99 1048.57 1042.96174 words
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Article699 1980-02-21 1 FOO CHOY PENG - THIRTY-THREE LAST YEAR By FOO CHOY PENG MALAYSIA'S efforts to woo investors from the Republic have borne fruit, judging by the number of Singapore companies that invested there last year. According to figures from the Malaysian Industrial Development Authority (Mida), 33 projects with Singapore interests were699 words
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229 1980-02-21 1 A SOUTH Korean ministerial delegation is expected to arrive in Singapore next month to hold taiir« with government officials to strengthen economic ties between the two countries. Sources said yesterday that the team, coming for the first annual commerce ministers' meeting, will comprise229 words
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Article467 1980-02-21 1 SHIPPING «fMU in Singapore will have t<y provide a host of documentary evidence about themselves and the shipowners they represent if recent proposals from the Singapore Indian h»M*n»«B community are accepted by the Trade Department. The proposals, including one requiring aome shipowners to give a467 words
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Article265 1980-02-21 1 THE Applied Research Corporation (ARC) and five other bodies have pooled their resources together to provide industrial research and consultancy services to the local industrial chemical and food companies. Dr Hong Hal, managing director of the corporation, said an industrial chemical unit has Just been set265 words
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277 1980-02-21 1 UNITED laMrikl Carps rattoa <UIC) chairman Lee Kim Yew has Indicated that he will nst accept the «Her at $1 per rinre made by (MM bdwMnl Overseas Holdings (UlOB) la respect sf Ms •wa hsMtogs. His Merest, snnsfdta* sfHeial records, was277 words
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Article342 1980-02-21 1 CATHERINE ONG - By CATHERINE ONG SCOTT and English Ltd (SEL), a wholly-owned subsidiary of the Haw Par group of companies, will lose its long-established Kenwood agency before the first half of this year is over. A spokesman for the group yesterday confirmed that its British principal342 words
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Article93 1980-02-21 1 GOLD prices slumped around the world yesterday, with the afternoon fixing in London done at U*****.00 a troy ounce, a drop of $46.25 from Tuesday afternoon's £52.25 Ox and down from yesterday's 1625.00 morning fix. The metal dropped $23 an ounce in Zufefc, Eu- rope's biggest93 words
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Page 1 Advertisements
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Advertisement29 1980-02-21 1 THOMAS RORI HT the trained specialist... 4 V rJS* •W A THOMAS ROBERT BROKER 7"/l< i O-np,. hcilKivf sfi'i till"' THOMAS ROBERT (S) PTE LTD Offio 'SIM.APOPI •MALAYSIA •INDONFSiA29 words
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Advertisement149 1980-02-21 1 $_=["?{%=:[{@]<?>-}+?^.|;(~."~` RICOH Auto Printer26oo. Thefully automatic printer with copier convenience. (2 copies per sec.) Now you can handle any offset printing or duplicating easily and economically-nght in your office-with the complete Ricoh copy system The electronic S-3 printer and the FE-2 autoprocessor produces the master plates and with special programming149 words
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TRADE AND INDUSTRY
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168 1980-02-21 2 THE KOREA Trade Centre in Singapore will be organising a business tour group to attend the Seoul Trade Show, which will be held in the South Korean capital from April 4 to 23. Invitation letters will be sent to trading companies and other168 words
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89 1980-02-21 2 WHEN engineering consultant Richard Crockford comes to Singapore for the Offshore South-east Asia Conference and Exhibition next week, he will be more than a visitor. Mr Crockford, from Protech International UK, has been appointed general manager of Protech International, Singapore, engineering consultants in the89 words
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Article, Illustration509 1980-02-21 2 THE TIMBER industry chalked up an encouraging performance last year with exports crossing the two million cubic metre mark for the first time. Total volume of timber came to |2.09 million cubic metres worth $1,156 million. This represents an increase of 11 per cent509 words
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143 1980-02-21 2 AMERICAN Express is examining the feasibility of introducing a number of new Asian currency cards during the next few years. The international credit card company intends to introduce customers to a new line of cards carrying the currencies of South Korea, Thailand, Taiwan, Indonesia143 words
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Article99 1980-02-21 2 HANS G Goettsche, former managing partner of accounting firm Arthur Andersen and Co in Singapore, has been appointed to a senior executive position at an American mutinational corporation. He takes up the newly created post of vicepresident (finance) at steelmaker Korf Industries. As chief financial officer, Mr99 words
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309 1980-02-21 2 CATHERINE ONG - By CATHERINE ONG THE NEW owner of Cockpit Hotel, recently-incorporated Kevin Hotels Pte Ltd, has assured the existing team of managers that they will not lose their )obs. A spokesman for the wellknown Hongkong )eweller/ developer, Mr Kevin Hsu, has allayed fears309 words
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Article140 1980-02-21 2 BATEY Advertising will lose the Sunkist advertising account to Kenyon and Eckhardt from April 1. Sunkist, which is an agricultural marketing cooperative serving some 7,300 citrus growers in California and Arizona, decided to change their local advertising agency only recently. According to Gene Sass, international140 words
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428 1980-02-21 2 THE South-East Asia Log Producers Association (Sealpa) has estimated a slight fall in the consumption of its timber supplies by Japan and other neighbouring countries from 38.9 million cubic metres last year to 38.2 million this year. At the same time, the428 words
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178 1980-02-21 2 THE INSTITUTE of Southeast Asian Studies has announced the arrival of (our new research scholars, two from Singapore and two others (ram Australia. The Singapore scholars are Mr Aran Senkuttuvan, formerly with the information division of the Culture Ministry, and178 words
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Article, Illustration295 1980-02-21 2 SHANGRI-LA Hotel has announced the appointments of Lee Tug Pal as manager of Shang Palace and Steve Chang Chwee Oh as chief steward. Mr Lee Joins the hotel with more than 20 years' experience in the Chinese restaurant business. He has been associated with some of the295 words
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Article686 1980-02-21 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: How to686 words
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Page 2 Advertisements
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Advertisement683 1980-02-21 2 wßgo &r The Wolf Children Charles Maclean Charles Maclean's intriguing book unearths the historical evidence about the wolfchildren, Kamala and Amala, and their eccentric deliverer, the Reverend Singh. He examines the missionary's diaries, life in the orphanage, the way the sensational story spread and the problems of establishing the truth683 words
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REGIONAL
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Article, Illustration572 1980-02-21 3 AP PRESIDENT Marcos says the economic policies and business practices of Japan and the multinational corporations pose serious, growing threats to non-commu-nist South-east Asia. By the turn of the century. he predicts, the Association of South-east Asian Nations (Asean) could turn to socialism in response toAP - 572 words
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Article552 1980-02-21 3 AP DESCRIBING South Korean political and economic changes since the death of President Park last October as "nothing less Depyty Prime Minister Lee Hahn-been predicted a decade of increasing economic growth for his country. In an address to the Asia Society Mr Lee said:AP - 552 words
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223 1980-02-21 3 THE Malaysian government is making a detailed review of the salary of its employees. Deputy Prime Minister Datuk Seri Dr Mahathir Mohamad said yesterday the government is studying the position closely and is working on the premise of how much it could afford, the223 words
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Article, Illustration42 1980-02-21 3 Opposition candidate Caesar CUmac, a IJ-metre anti-graft fighter, speaking recently after scaring a political npset In the electien tor Mayer of Zanboanha City In sonthern Philippines by beating an Incumbent candidate backed by President Marcos. UPI photo. Source: UPI photoSource: UPI photo - 42 words
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253 1980-02-21 3 AFP The state-owned Malaysian Airlines System (MAS) has submitted an application to the government to increase its fares to bring them in line with the July fare recommendations of the International Air Travel Association (lata). A spokesman of the airlines said in Kuala LumpurAFP - 253 words
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Article225 1980-02-21 3 AP INDONESIA has told foreign oil companies to continue offshore explorations around the Natuna in the South China Sea despite Vietnamese objections due to a sea boundary dispute. The Director General of Oil and Natural Gas, Wijarso, told a Parliament commission on that Vietnam's objectionAP - 225 words
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Article136 1980-02-21 3 PHILIPPINES Finance Minister Cesar Virata believes the country's better export performance in 1980 will more than offset the increased cost of oil imports and that the balance of payments deficit will be narrowed. The January export performance was already much better than at the same136 words
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THE REGION IN BRIEF
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Article551 1980-02-21 3 Agencies FLAG carrier Japan Air Lines (JAL) has informed the Japanese government of its plan to adopt a so-called "trigger" air fare formula. Under the new formula agreed upon at a meeting of the International Air Transport Association (lata) in Geneva late last month, air fares will beAgencies - 551 words
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Article243 1980-02-21 3 TWO hundred and twenty Malaysian companies covered in a business survey conducted by the Malaysian Statistics Department have reported Increased gross revenue of MJ5.75 billion during the third quarter of last year. This is a 12.9 per cent increase over the second quarter and way243 words
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210 1980-02-21 3 AP UPI JAPAN'S trade balance should end up in the Mark within the next fiscal year despite a record deficit for this January, a senior Japanese government economist said. Blaming Japan's trade deficit on the high price of imported oil, Mr ShiniehiAP; UPI - 210 words
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Article343 1980-02-21 3 UPI GOVERNMENT sources said the United States has no plans to restrict Japanese car imports, despite concern over the ailing American car industry. The sources said the American position was revealed in talks held recently in Washington between officials of the Carter Administration and MrUPI - 343 words
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Article173 1980-02-21 3 Reuter INDIA'S opposition Janata Party called for nationwide demonstrations against the dismissal of nine opposition-run state administrations by Premier Indira Gandhi's government. Janata Party secretarygeneral Surendra Mohan said, in a' statement announcing the protest call, that Mrs Gandhi's action was aimed at consolidating the position of herReuter - 173 words
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Page 3 Advertisements
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Advertisement123 1980-02-21 3 The Shangri -La Playhouse and British Airways present 4 4 f> i '>4 •2 irT a comedy by Noel Coward N larch 3 7 3 2a m a > HE V s Noel Coward most celebrated comedy "Blithe Spirit" brings you the hilarious situation of an author whose life is123 words
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RAW MATERIALS
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Article825 1980-02-21 4 Penny-wise by the pound NYT IN AN ODD twist of economic fate, the inflationary factors that have reduced the buying power of the American penny to its lowest level in history have made it intrinsically more valuable than the new Susan B Anthony dollar. The reason: the intrinsic value ofNYT - 825 words
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Article187 1980-02-21 4 THE MARKET in Kuala Lumpur yesterday remained quiet with values unchanged from Tuesday's close as operators were still away for the Chinese lunar year holidays, dealers said. Pakistan was reported buying another 5,000 tonnes of neutralised palm oil for full March shipments at Ms6Bo per tonne, cost and187 words
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Article511 1980-02-21 4 THE SINGAPORE market closed lower yesterday with March One RSS buyers quoted at 373.00 cents per kilo, down eight cents from Tuesday's close, dealers said. Opening prices were marked down about 13 cents on stoploss selling and lower overseas advices, they said. Afternoon prices recovered slightly on shortcovering, speculative511 words
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Article94 1980-02-21 4 THE Stmts tin price ia PoKMf yesterday me a farther MjSS per pica! to $2,251, to stand $9M above the lateraattoaal Ha Agreement ceiling, dealers said. The eeatiaaed slreagth was attrlbated to firmer Leadaa advices sa Taeodny, which eaeenraged followthreagh Earepeaa, Japanese aad local baylag sapoort, while a94 words
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Article331 1980-02-21 4 R.A.S. prices In cents per kUo yesterday. Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt f.o.b. 357.00 359 OON Int. 1 R.S.S March 367 00 309.00 Int. 1 R.S.S. April 380 00 382.00 Int. 2 R.S.S. 337.00 338 OON UK/Cont 330.00 337 OON Int. 3 R.S.S. 334.00331 words
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Article110 1980-02-21 4 NOON SSI K and SMR price* ym* lardajr RA8 March ami 1 li 1 Mth) (Forward MU) SSR20 U lie re Beyer* a (tier* (1 too pallet) S1S.OO 317.00N ***** 321 00N SSR 50 (1-ton (Milet) ***** 314.00N ***** 318.00N MRELB March April SMRCV (1-ton pallet! 386110 words
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Article155 1980-02-21 4 CHINESE Prsdsee Exchange, flagsperr. cl—tag prices per pleal yen* terday: Csesast all: Bulk $107 sellers, old drum $113 sellers, new drum |U7 sellers. Cspra: Mixed (loose) UK/ Cont $65.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $335.00 sellers, Sarawak white fob 96% NLW $320.00 sellers, Sarawak special155 words
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Article189 1980-02-21 4 CHICAGO Board of Trade wheat futures closed near the lows on Tuesday, down 6 x h to B'4 cents a bushel. With generally bearish commodity markets as a background influence, commission houses and locals were sellers of wheat all day. A prominent local house was noted as a major189 words
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Article141 1980-02-21 4 CHICAGO Board of Trade soybean futures closed near the lows on Tuesday, down 15V« to 12 cents a bushel, on a weak tone. Commission bouses and locals were steady sellers all day. An exporter was a light buyer of old crop on the close, traders said. Higher prime rates141 words
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Article245 1980-02-21 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, 35 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-auper 0.63, Special 057.245 words
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Article790 1980-02-21 4 COFFER: Futures closed the morning steady, £2 up to £4 per tonne down from Tuesday in sales of 2,340 lots including 30 options. Dealers said the market held a narrow trading range on well matched activity that included switch trading in the first four trading months. The market790 words
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Article33 1980-02-21 4 Rubber: Feb 20 Singapore: March: 373.00 cents (down 8 cents) Malaysia: March: 378.00 cents (down 8 cents) Tin: M 52,250 (up Ms 23) Official offering: 132 V& tonnes (down 19 tonnes)33 words
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ASIAN STOCKS
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Article654 1980-02-21 4 I TOKYO Source: DBS-Daiwa COAL-MINING issues were the highlight of yesterday's market owing to worldwide demand for coal. Mitsui Mining surged Y59 to Y628; Sumitomo Coal Mining, Y8 to Y291; Nittetsu Mining, Y56 to Y641; Matssshima Kosan, Y5 to Y570 and Joban Kosan, Y7 to YZI4. InSource: DBS-Daiwa - 654 words
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Article429 1980-02-21 4 A BRIEF rush on diamond stocks proved a flash in the pan yesterday as stock prices eased after early gains on the mining boards, following an easing of commodity prices in London overnight and further falls in bullion prices, dealers said. t Diamond explorer Letchardt Explorations eased 40 cents429 words
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Article365 1980-02-21 4 Source: SHK Sec THE MARKET suffered a heavy fall In the morning yesterday with HK Bank $1 lower at one stage owing to several large sellers in the market at one time. Once the selling was finished, however, a strong rally took place and the index was only 13Source: SHK Sec - 365 words
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Article157 1980-02-21 4 THE market closed with commercial, industrial, oil and mining shares generally easier yesterday, dealers said. Turnover declined to 14.8 million pesos from Tuesday's 20.3 million and Atlas Con B, Benguet Con B, Lepanto B, Oriental B, Phil Overseas, Pogei, BF Goodrich, CDCP, Ist Phil Hldgs and San Miguel all157 words
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Article254 1980-02-21 4 THE market rose yesterday in active trading, wtth lowpriced stocks among the major gainers, dealers said. Bangkok Bank rose two baht to 300, Capital Truat 2.5 to 62 and First Trust 3.5 to 73.5. KKB 20 Bah Is A«a Credit A*W Kibrp 152 ♦4 Ayutluya In* And Trust Bangkok254 words
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Article49 1980-02-21 4 FINANCIAL TIMES INDUSTRIALS Tuesday.. 481 .SMonday.. 463.0 Week ago 4003 DOW JONES AVERAGE INDUSTRIALS Tuesday 870.02 Monday closed Week ago 880.98 H.K.HANG SENG Wednesday MOJO Tuesday Closed Week ago 93TiM SYDNEY INDUSTRIALS Wednesday 000.78 Tuesday 001.40 Week ago 087.57 ORDINARIES Wednesday OOOJB Tuesday 005.17 Week ago *****49 words
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Page 4 Advertisements
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Advertisement207 1980-02-21 4 Why try to manage without it? More and more people with their sights set on the top management and senior corporate executive positions of tomorrow are turning to The Journal today. Because so many of the people already in those positions acknowledge the contribution that it can make to their207 words
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OVERSEAS
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Article193 1980-02-21 5 Reuter HIGH-level talks between US and European trade officials have failed to bridge differences which could threaten a trans-Atlantic trade war, informed sources said. US Special Trade Representative Reuben Askew met commissioners of the European Common Market (EEC) on Monday and again yesterday toReuter - 193 words
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Article91 1980-02-21 5 Reuter WEST German capital goods investments will rise by an average 5 to 6 per cent in real terms in 1980, chiefly owing to a spill-over from a high inflow of orders during 1978/79, the IPO Economic Research Institute said. It said in its February report thatReuter - 91 words
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Article, Illustration257 1980-02-21 5 Reuter IRAN has given the go-ahead for a United Nations commission to investigate the alleged crimes of the deposed Shah, but denied its creation would bring about the immediate release of the embassy hostages in Teheran. President Abolhassan Bani-Sadr on Tuesday cabled UN Secretary-General Kurt Waldheim hisReuter; Source: AP Photo - 257 words
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Article119 1980-02-21 5 UPI BRITAIN'S controversial double tax treaty with the United States finally was ratified by the House of Commons on Monday, the Financial Times said. The treaty would have attracted little attention without a provision in the original version preventing US states from applying their much-hated unitary taxUPI - 119 words
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Article367 1980-02-21 5 Reuter UPI PRESIDENT Carter said the United States was capable of responding to a threat to peace anywhere in the world and was ready to act if the Soviet Union moved its forces beyond Afghanistan. Mr Carter also gave notice that he was standing firm onReuter; UPI - 367 words
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Article739 1980-02-21 5 ARRIVALS Service Local Operator Number Time From MAS MH621 0640 PEN MAS MH6OT 0645 KUL RBA BI421 0930 BWN MAS MH671 0945 PEN/KUL SIA SQ2U 1000 HLP BN BN515 0130 LAX/SEL/HLP CPA CX710 1005 HLP G1A GA90O 1030 HLP MAS MH606 1045 KUL SU SQ103 1100 KUL739 words
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SPORTS
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Article127 1980-02-21 5 AP THE UNITED State* will m( pvtidfate 1a the Nmnw Olympics slaee there «u M dp that the Soviets weald meet yesterday's debtee te retneve teeeps frem tea. State Department Bedding Carter made this aaae—eemeat fellewlag talks between Secretary State Cym Vaaee aad West Germaa Fereiga MMsterAP - 127 words
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430 1980-02-21 5 Agencies THE XHI Winter Olympics at Lake Placid came alive with memorable sporting achievements for the first time on Tuesday. Ingemar Stenmark finally cornered that elusive gold medal by winning the men's giant slalom in front of the King and Queen of Sweden, whileAgencies - 430 words
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320 1980-02-21 5 BRITAIN'S gross domestic product rose slightly at the end of last year, showing no sign of the recession economists have forecast. The Central Statistical Office said the GDP figure, which is a measure of the output of an economy, is the first fairly320 words
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568 1980-02-21 5 AP THE Organisation of Petroleum Exporting Countries (Opec) will be able to meet demands (or oil for only another 10 to 15 years, according to a report by Opec technical experts. Details of the report came yesterday from Mr Humberto Calderon Berti,AP - 568 words
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WORLD IN BRIEF
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Article419 1980-02-21 5 Agencies ITALY'S foreign ,trade swung sharply into the red last year with oil imports once again heavily tipping the balance, the National Statistics Institute said. The deficit for the whole of 1979 rocketed to 4,730 trillion lire from 363 billion lire in 1978, the institute said. Oil importsAgencies - 419 words
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Article109 1980-02-21 5 Reuter THE US Securities and Exchange Commission adopted rules exempting some mergers of registered investment companies from its approval under the Investment Company Act of 1940. The commission said investment companies with common officers, directors or investment advisors could merge if their boards of directors found theReuter - 109 words
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Page 5 Advertisements
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Advertisement82 1980-02-21 5 C" IP :V<- i«W ,'r. Si i k *Mk ■i- s **r v Vi. PSIiife WlwM% mm p, JwJs v -fc. 'i *•*?> The established bank with a n*w name and new outtook will be moving on 25th February 1980 to the new building at No.2 Mtetri Road (Shenton Wfey)82 words
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Article401 1980-02-21 6 SURVEYS on prices, purchasing power and spending habits of consumers often appeal to the general public's curiosity. Everyone wants to know if his or her habits are unusual, if they are above or below average and how they compare with those of other consumers around401 words
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Article222 1980-02-21 6 IT IS natural that the Indian Chamber of Commerce should show concern over the high incidence of shipping frauds that has bedevilled insurers and led to high insurance rates for shippers and shipowners. But the proposals put forward by the chamber are neither new nor likely222 words
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Article1287 1980-02-21 6 NICK GARNETT - NEW PRODUCTIVITY SCHEME By NICK GARNETT FT BIRDS EYE, Europe's biggest frozen food manufacturer, and its unions last year began a new industrial relations scheme to try to defeat one of the unfortunate axioms of British industry. That is that manufacturers, whether theyFT - 1,287 words
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912 1980-02-21 6 ROBERT HERSHEY - By ROBERT HERSHEY NYT TAX penalties, a weak dollar and soaring inflation have made it so expensive to employ Americans overseas that large numbers of them are being replaced by other nationalities at what appear to be major economic and political costs to theNYT - 912 words
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Page 6 Advertisements
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Advertisement253 1980-02-21 6 Offshore South East Asia 26 29 February 1980, Hyatt Convention Centre, Singapore Conferences lor the oil industry Tuesday 26th February Overview Papers. Nido Area, Philippines. Positioning Systems. Formation Sand Control. Marginal Field Development. Wednesday 27th February Floating Production Systems. Journal Bearing Carbide Bits. Drilling Experience with Curved Conductors. Monitoring Equipment253 words
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Page 6 Miscellaneous
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Miscellaneous1151 1980-02-21 6 gr- t~ The sweepstakes winners Ml b At Mi JrißH Lynda Carter that Am nMMlito flwt <ph WKMPM tarns M evil (a nettin mm* ml •Ort) ta Afar iMm «T AM* at 9| tMs lite. Other Mi—laelade Charles Hild, Berate Eepeß Mi Jeka SINGAPORE 5 3.00 PM Optninc MMtd by1,151 words
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Article, Illustration2164 1980-02-21 7 AN URBAN unemployment problem? Just five years ago, the Chinese maintained that they no longer had such a thing. Nor did western observers seriously demur. The guesstimate was that urban unemployment has dropped from 20 per cent of the workforce on average (and as high as2,164 words
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824 1980-02-21 7 MARGARET THOMAS - FOBUM. with MARGARET THOMAS (MAILMEN, their devotion to the job already worn thin by barking, biting A dogs and by illegible I names and addresses on r envelopes, have a new problem to worry about. Will their considerable overtime earnings over the824 words
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Page 7 Advertisements
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Advertisement121 1980-02-21 7 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* H.3*? ltffc jMft 278 mm x 206 mm f 224 pages; 25ttack/*Me I ton*121 words
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Page 7 Miscellaneous
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Miscellaneous0 1980-02-21 7 "/):.$:|%%@*<\%}(</~-*\+`%!)*;<0 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article199 1980-02-21 8 FEB 19 PU ABN ***** 02 Ahold 77 50 -0.1 Akzo 25 30 0.3 AMEV 9050 >1 Amfa* ***** unch Amro Bank 6160 -0 1 Berfo*s 44 00 -2 Berk 103.00 01 Bois 00 00 0 4 Borsumij 183-30- 0 3 Burhminn 62.20 0.1 Byenkorf 0100 unch Calve Delft199 words
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Article269 1980-02-21 8 FEB 19 Frs CORBEILLE Air-Liquid* SIC •I B S N OtrvtU Danone 1021 7 CSF < Thomson C»f) 552 -3 Cl* Francalse des P*troles 286 •f 5 Compagnie Financier* Compagnie General* 380 -1 Credit Foncier De France 475 UMCtl Hachette (Librairie) 249 -0.8 Machines Bull 89.06 -006 Michelin (B)269 words
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Article62 1980-02-21 8 FEB 19 Fr* FORWARD MARKET 330 Arbtd 2106 596 662 Bru-Lamb 1665 5 1130 330 367 2140 5790 Gb-Inno-Bm 2550 5 900 Hobok 3145 6100 Ryl Dutch 2490 450 Sidro *320 Soc Gen Belg 1706 -5 3480 Solvay A 2380 Tanks 202 U Mln 966 V Mont 1785 43062 words
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Article199 1980-02-21 8 FEB 19 Dm Aea-Telefunkan 39 60 unch AkJO 23 00 ■inch Aiu Leben aao-oo ♦13 AUi Vert 384 00 I BASF 146 50 0J Bay H T Wbank 247 006 Bay Vbank n* oo Bayer 127 JOB BBC 308-00 nuw 168 00 Caaartfii ***** ~t Chem Vrrw 290-00 Commerzbank199 words
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Article155 1980-02-21 8 FEB 19 Francs Aruons Sulsses Aluaulsae Br. AlUSUlSae R(f. Brown Boverl Br Z ino -10 Clba Gelfj Br. Clba Oeify P C Clba Geigj Rn Credit Suisse Br Z 2455 4 2D Credit Suisse Ret 448 4-4 Elektrowatt Br 2375 5 Q«Of|e Fischer Br Globus Pe HwBr Hoffman La155 words
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Article98 1980-02-21 8 FEB IS Lire Ante IS *0 5 Asaoc Oet» ***** 1450 Buloci ***** 45 Central* 9330 30 Put 1MD 27 Finstder 8825 Gtn Irnmob 71 1 75 IF1 PTI 2830 30 lulnmenu lUlfU tit 7 ll&lsKter 246 Magneli M Pf 805 until Marelli Erf 400 8 Mediob ***** 30098 words
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Article195 1980-02-21 8 FEB 19 CS AIM tHM 23. Si A lean 68 Unch Atfoma 37'j U Bank Mont 25*Bank Nova Scotia 38 Bell Tel -r19 unch BrUi Corp BP Can Lid 43 3 Brascan 27'. *m Camp Red Lake Can Imp Bk 38', Canpar 45' J unch Canpac Inv Pf CarUnf195 words
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Article309 1980-02-21 8 FEB 19 Rand INDUSTRIALS A Alpha 28*7 -3 Aberrom 315 +10 AE And CI 670 unch A MIC 2250 -75 Barlows 1000 -10 Cg Sugar uso unch CNA 420B Curr* Finance 170 5 De Bwi Ind 2500 unch Edcon 506 unch Edgars <rapO 4 SO Evpready Fed Vols 456309 words
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Page 8 Advertisements
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Advertisement155 1980-02-21 8 Where to wine, dine and entertain £f>c (Sljef cornco atB.ls|mt cticrtj Sfyurotat) at tip down's Sable. 8 9» t A R<*?"£2 In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in town.' Treat155 words
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Advertisement133 1980-02-21 8 w For lunch. For dinner. For a richly rewarding experience. Businessmen s Lunch Monday toFnday Slh I<)'V, service chary* 3% cess Javanese Saturday Sunday Sl(> 10% servic** charge cess hor reservations ca!! 737*>077 i k'H C I nrk Slhtiikhi SiiiyiqKirc r Roast it* K HUGO'S BUSINESS fflf LUNCH jA< Hors133 words
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Advertisement77 1980-02-21 8 See Page 4 for Asian stocks e See Page 9 for NYSE prices MERLIN SPIL.L. It's elegant, comfortable and quietly opulent, with a menu that will delight the discriminating Our A la Cane selections specialise in steak at its finest and most succulent. To make the* choice a little easier77 words
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Advertisement187 1980-02-21 8 Roti Praia at the Hilton? Yes. And typically Cantonese dishes, too Food from the streets of Singapore that's right up your alley. And if you care to. you can even watch our chefs whip up your order before your very eyes. Ail in the comfort of air conditioning And Hilton187 words
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Advertisement140 1980-02-21 8 m a SI E*ch dish reflects subtle blend of Mtwri StwMriagand spices, a tart r J Fartuna the next time. «cel»e«it •errke^d at the Fortuna, an APOLLO BINGAPORE 405 HAVELOCK ROAD, S'PORE 3 Tel: *****1 CENTURY PARK SHERATON NASSIM HILL, SINGAPORE 10 Tel. *****77 COCKPIT fIOTEL OXLEY RISE/PEN ANO ROAD140 words
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Article1048 1980-02-21 9 INFLATION and interest rate worries continued to depress prices as the stock market on Tuesday extended its steep slide through a third straight session. Major banks raised their prime rates to a record tying 15% per cent. Most had been at 15"« per cent. They1,048 words
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BANKING AND FINANCE
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500 1980-02-21 9 PAUL Volcker, chairman of the Federal Reserve Board, unveiled a series of monetary targets for 1960 aimed at his goal of gradually reducing the growth of money and credit. In essence, the monetary strategy outlined by Mr Volcker to the House Banking500 words
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Article553 1980-02-21 9 BAHRAIN'S offshore banking market showed an overall growth of 19 per cent during 1979, despite some fluctuations in the early part of the year and in November. Total liabilities at the end of December stood at US$27.B billion, compared with $23.4 billion at the end of553 words
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Article181 1980-02-21 9 THE Singapore branch of Fuji Bank Ltd is issuing a US$2O million floating rate negotiable certificate of deposit (FRCD). Bearing an interest of per cent above the sixmonth Singapore interbank offered rate, payable semiannually, the notes will be issued in denominations of U*****,000 each. Managed by181 words
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100 1980-02-21 9 TWO Thai industrial and finance groups have set up a joint venture with Bancom International of the Philippines to engage in wholesale merchant banking operations in Thailand, an official of the new company said. Univest Development Co Ltd will be 26 per cent owned100 words
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294 1980-02-21 9 MASAHIKO SEKI, president of the Federation of Bankers' Associations, welcoming the one per cent increase in Japan's official discount rate to 7.25 per cent, said there will be another increase. He welcomed the discount rate rise while the national budget for fiscal 1980294 words
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689 1980-02-21 9 AT LEAST four major US banks will refuse to join a management group for the US$25O million Hungary Eurocredit. Initial reaction to the proposed terms of the US prime based deal are they are too favourable to the borrower and take689 words
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MONEY AND EXCHANGES
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Article466 1980-02-21 9 THE U.S. dollar remained relatively firm against major currencies yesterday in continuation of an upward trend due to the US discount rate increase. Starting off at 245.70/90 against the yen, the US dollar then finned to the day's high of 246.30/40 when Tokyo closed. Gains were however slightly466 words
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Article260 1980-02-21 9 STERLING rebounded from its early lows yesterday morning to a high U552.2775/85 following news workers at British Ley land's largest car plant voted overwhelmingly against strike action in support of a sacked union official, dealers said. Sterling earlier came under speculative selling pressure, while the dollar opened little changed260 words
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Article22 1980-02-21 9 THE average rate at which major Singapore banks are carrently prepared to lend to their best customers is 10.6 per cent.22 words
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Article183 1980-02-21 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Feb 20: U8 MUnOprt) Ott.r Bid 7 days 181/16 1515/16 1 month 155/16 15 3/16 2 months 1513/1615 U/16 3 months 16'4 16 6 months 163/16 161/16 9 months 1513/*****1/16 12 months 15*« 15M Dm p-1 1 I >183 words
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Article45 1980-02-21 9 RANGE at price* offered by discount houses on Feb Overnight: tv,% Call deposits: to SV<% Clociif Bayiaf 8*Ute( 3-month Treasury bills 6*« «H 3 month Bank bills 10'* 10 3 months CO 10H 10 W «months CD 10 5/1« 103/1« Source: National Discount Co45 words
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Article338 1980-02-21 9 GOLD futures in Singapore yesterday closed sharply lower compared with overnight levels in moderate trading, dealers said. Trading was suspended for one hour yesterday morning as prices opened limit-down across the board following the metal's sharp fall in New York last night and thereafter the market fluctuated marginally through338 words
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Article197 1980-02-21 9 THE U.S. dollar maintained a steady tone yesterday against most major currencies in (airly quiet late trading, dealers said. The US currency rose to a late 246.10/20 yen from an early 245.80/90 and 245.63/73 in the US, in quiet trading mostly on import settlement needs in Tokyo, they said.197 words
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Article141 1980-02-21 9 THE U.S. dollar tor overnight delivery closed sharply firmer at 246.45 yen yesterday, compared with a 245.90 opening and 245.10 at Tuesday's close despite active centra] bank yen-sup-port intervention, dealers said. Trading was heavy, with volume of US$B7O million. The Bank of Japan sold an estimated $100 to $140141 words
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Article45 1980-02-21 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $40 million 91-day Treasury bills to be issued from Feb 25 to 29 (except Feb 27). Each tender must not be for less than $250,000.45 words
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Page 9 Advertisements
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Advertisement141 1980-02-21 9 {;-&_;-@>)/>.]@`"@~]{^>];>/=@/* THE GOETHE INSTITUT presents Ml Ml Mil \TRI OLOCAI MILAN SLADLK F EDERAL REPUBLIC Of (.ERM \\Y c (.11 Feb 25 8 pm Feb 26 8 pm Feb 27 r, pm ihi Pari I Ri'jcik'd K II K ami the Sunfl* 1 lie I ittle Soldier I ho Death141 words
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Advertisement230 1980-02-21 9 Nordic Bank Summary of Audited Accounts for the year ended 31st December, 1979 Consolidated Balance Sheet Share Capital Reserves Minority Interest Loan Capital Total Capital Fonda Current Deposit and other Accounts Total Liabilities end Capital Funds Cash at Banks, Money at Call and Short Notice Certificates of Deposit and Bills230 words
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1694 1980-02-21 10 BID and alter prices officially lifted and hmin— la and reported to the Stock Exchange of Singapore yesterday with the number of (barn traded shown la brackets in lots of 1.000 units unless otheiWiae specified. SECTION ONE INDUSTRIAL A COMMERCIAL Aemm (2358)1,694 words
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Article152 1980-02-21 10 MBtMtmrw m EN COM! S BOND UNIT prtM iwraa) (ftn less) The Commerce Iff IM pf The Savings Fund 1 fi L71 Income Bond LIS 1* S pore Prof Fund Lff LIS S pore Sec. Fund LM r« urn ■IMIPITEA S pore Invest Fund Lff 1® (—■Hill' ptSM152 words
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Article2735 1980-02-21 10 1979/1980 High Low Company Last Sale or Gr'» Div Div Cvr Gr*s Net Yld P/E Vol Day ('000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 306 223 148 ISO 282 T7 290 482 220 380 207 Acma 123* Alcom 110 Allied Choc 133 BAT 255 B&ta 57» Ben2,735 words
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Article1928 1980-02-21 10 J BID and offer prices officially listed and business in and reported to tbe Kuala Lumpur Stock Exchange yesterday with the 'number of shares traded shown in brackets in lots of 1,000 units, unless otherwise stated. DOXJBRIALB Am» (IMS) Ifiißili (KB) AIMM(2SOS) Ales. BaM (1.28B) A C1,928 words
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Article, Illustration731 1980-02-21 10 SHAKE prices ufaMtwl aereas Ike board oo idn liHdasliii bayers a* the Bteek ef Slagapew p—M*. After mMwlm o tew ww ywr high d 48SJM Ike day before, the Straits with eMMUerakle reslstSaeeamMag la selling pressare ad araflUaUag, the ladex shed SJS palate te 171731 words
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Article558 1980-02-21 10 PRICES rebounded from early weakness to close narrowly mixed on the Kuala Lumpur stock market yesterday. Sellers were out in numbers during the morning session, forcing prices broadly lower. In fact, the selling bordered on panic at one stage as nervous traders scrambled to clear558 words
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COMPANY NEWS
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Article, Illustration1293 1980-02-21 11 CATHERINE ONG - By CATHERINE ONG A TORRENT of literature on the plight of local motorists has already poured forth now that the Government has imposed yet another round of stringent increases on car registration fees and road taxes. The five major motor groups1,293 words
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Article261 1980-02-21 11 Current Ex Books Date Total for Total for Payment Date Close Payable tke 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* 12J* Duff Dev 15H Feb 5 Feb 15 Feb 27 5*261 words
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Article87 1980-02-21 11 Company Particular* Ex Data Books Close Temerloh Bonus Issue of 1 for 1 Mar 13 Mar 25 Sentosa Bonus Issue of 1 for 3 Feb 21 Mar 4 T Text Bonus Issue of 1 for 4 SYA NYA M U lad Rights Issue of 1 for 1 «12.0087 words
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Article244 1980-02-21 11 Date L» it Fall Yea r Cempaay Ported AfUMoneed Net EPS Grew Pre-tax last year (eeats) Dtv. Preflt <%) (TNI) M'wata Steel 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 0.0244 words
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98 1980-02-21 11 THE Malaysian Capital Issues Committee has approved the revaluation of the land and plantations of Temerloh Rubber Estates. New values for the land and plantations now total MJ15.9 million. The surplus of $10,995,394, which accrued from the revaluation, has been transferred to capital reserves. The committee98 words
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Article71 1980-02-21 11 THE Board of United Overseas Land (UOL) has appointed Dato Pang Leong Siang as a director and general manager of the company as from Feb 19. Dato Pang, a general manager of the United Overseas Bank (UOB) group, is on secondment to UOL. Mr Yeo Yong71 words
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Article82 1980-02-21 11 Reuter MR R W "tiny" Rowland has bought about 103,000 shares or 17.3 per cent of Malaysiam Tin Ltd through a company that he controls, at an average price of 53.63 pence a share, bringing his interest to 19.5 per cent, a Malaysiam Tin statement said. MrReuter - 82 words
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500 1980-02-21 11 warn HOCK LOCK SIEW THE EASIER sentiment in the market yesterday simply says that what goes up has to come down. What profundity! While across the board, losses were seen in most industrial stocks, an expected mover against the trend was motor stock CycleHOCK LOCK SIEW - 500 words
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27 1980-02-21 11 in Bkaagrl-La Hotel arising from a bonus issue of one-for-five have also been granted listing and quotation.27 words
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Article46 1980-02-21 11 have recommended a final divi- dend of 4 per cent tax exempt and 10 per cent less tax for the financial year ending Dec 31,1979. The dividend is to be approved at the company's annual general meeting to be held on March 26.46 words
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29 1980-02-21 11 have announced the resignation of Mr Chua Peng Len as director of the two companies. His resignation is effective from Feb 11.29 words
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59 1980-02-21 11 about the company's proposed bonus issue of one-for-two. The exchange wants to know if the new shares will rank pari passu with existing shares of the company and if there is any expected change in the amount of dividend payable on the enlarged59 words
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Article28 1980-02-21 11 has advised members that another ID million ordinary shares of LJagid Devriepmeete arising from the company's bonus issue of five-for-three have been granted listing and quotation.28 words
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Page 11 Advertisements
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Advertisement147 1980-02-21 11 Business Times is the most cost-effective medium you can buy. \burad gets more bite in Business Times Everyday 30,000 people make it their business to read Easiness Times: local and expatriate businessmen. The industrialists, the bankers, the financiers, the professionals. And the senior civil servants. People who not only possess-147 words
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Article351 1980-02-21 12 AN AMERICAN offshore marine terminal company will design and build a single-point mooring system at a cost of 19.2 million for the Port of Singapore Authority. The port authority recently signed the contract for Imodco of Los Angeles, California, to build the system for351 words
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181 1980-02-21 12 A FORMER Jurong shipyard worker, whose action was said to have caused the Spyros tragedy in which 76 lives were lost, won his appeal in the High Court yesterday. Formerly a hull fitter, Lira Hock Hoe was originally jailed for six months on two181 words
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680 1980-02-21 12 RONNIE LIM - By RONNIE LIM SINGAPORE'S motorists may soon be among the first few in the world to use "recycled" engine lubricating oil, if oil or oilrelated companies here accept one of the latest processing technologies being offered to them. Discussions are already underway between the US680 words
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181 1980-02-21 12 THE average rate of growth of Singapore's gross domestic product in real terms in the last decade was an enviable 9.4 per cent a year, the senior Minister of State (Education) said last night. Dr Tony Tan Keng Yam who was speaking at the181 words
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550 1980-02-21 12 SINGAPOREANS may be enjoying a lower cost of living than their contemporaries in other international centres, but their purchasing power is among the lowest of the 45 cities surveyed by the Union Bank of Switzerland (ÜBS) last year. In its 1979/80 edition of "Prices and550 words
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273 1980-02-21 12 AFP THE Indonesian state oil company, Pertamina, appear to be facing difficulties in claiming the fortune left by its former director for general affairs, the late Aehmad Thaher, following a statement by his lawyer denying that his first wife had agreed to hand overAFP - 273 words
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185 1980-02-21 12 Reuter EUWAIT'B Oil Mill ill 11, saM Hi ceaalry «mM nIts Ui erafe «II prWaettd of «M«t hn stolttoa harreto by tt per eat Mar tkto jur. "Kiwalt to li In Willi to refeee tto felly eatpat ky 2» perReuter - 185 words
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Article35 1980-02-21 12 IN LAST Friday's issue of Business Times, Mr Oh Keng Tatt was mentioned as the managing director of Malaysia Brokers (1963) Pte Ltd. He was, in (act a director only until Feb 1.35 words
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Article, Illustration483 1980-02-21 12 MARGARET THOMAS - By MARGARET THOMAS SINGAPORE'S Jong-term political stability and the "moral integrity" of it* public officials and businessmen make it both an ideal place for French industrial investment and a natural springboard for France's commercial ties with China. This is the conclusion of a high-powered team483 words
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Article172 1980-02-21 12 THE Singapore Parliament will bold its next sitting on Feb 26. Two questions of economic significance will be raised during the session. The first relates to the role of the Singapore dollar and the other is a query on the recent increase in road tax. Mr172 words
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Article756 1980-02-21 12 LONDON, Wed. The market closed quietly mixed «ad at 3 pmt the FT index was down 2.5 at 4M.3. Dealers aald government bands showed gains ranging to K point among shorter maturities on speculation of a lower than eapected public sector borrowing requirement for 1980/1981 and news that756 words
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Page 12 Advertisements
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Advertisement75 1980-02-21 12 U5525,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 24th August 1984 EUROPEAN ASIAN BANK (Singapore Branch) In accordance with the provisions of the Certificates, notice is hereby given that for the six months interest period from 22nd February, 1980 to 22nd August, 1980, the Certificate will cany an75 words
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Advertisement9 1980-02-21 12 Leader.. J*»ge Mackinlay's Scotch Whisky since 181S /< cvj I9 words
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Page 12 Miscellaneous
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Miscellaneous203 1980-02-21 12 THE rainfall for the first 15 days of February was below average over about 90 per cent of Singapore. The north to north-eastern part of the Republic with slightly more than 102 mm of rain was the area with highest rainfall while the Western part of the island with less203 words
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SHIPPING TIMES
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PORTSIDES
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Article46 1980-02-21 13 AFP SHIPPING rates between India, Sri Lanka and Europe will go up by 20 per cent on May 1, the shipping conference concerned announced in London on Tuesday. It added, however, that it hoped to keep the rates unchanged between then and Aug 1,1961.AFP - 46 words
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Article73 1980-02-21 13 AFP HONGKONG shipowner C Y Tung has acquired a 380,000-ton tanker from Norway, shipping sources affirmed in London on Tuesday. Mr Tung, currently awaiting the outcome of his US$22O million bid for the Furness Withy Shipping Co of Britain, was believed to have paid aroundAFP - 73 words
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Article49 1980-02-21 13 THE labour problems of Indian ports are holding up operations every other day, sometimes on issues unconnected with industrial disputes, and have assumed alarming proportions. "Even physical violence is brought into play to disrupt operations in the ports," said Indian National Shipowners' Association president TM Goculdas.49 words
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Article45 1980-02-21 13 OCEAN Inchcape (OIL) has made its first inroad into the Mexican market by winning a long term charter for two of its anchor handling/tug/supply vessels. The two 5,600 bhp vessels are operating on behalf of Pemex, the Mexican state-owned petroleum organisation.45 words
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679 1980-02-21 13 G DURAIRAJ - By G DURAIRAJ MALAYSIAN rubber shippers are confident that they have made a good start to lessen their dependence on conference operators. They are now optimistic that alternative shipping services will soon emerge to challenge the dominance of conference cartels. Mr Ahmad Sabki Jahiddin,679 words
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Article525 1980-02-21 13 Sklpfteg Uae PaC* Cat 1 1 C«i Adriatic IV 5 Dong Sue VI 5 Afea VI 3 DSR VI 3 All trans VI 2 EAC Lines n 4/5 Alpac VI 5 East Malaysia VI 4 Angkutan VI 4 Eilat VI 5 ANL I I E3ma m 4/5525 words
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300 1980-02-21 14 UPI FURNESS Withy and company, the London-based group, would retain its British character if the near £100 million Hongkong takeover bid were successful. This was stated on Tuesday by CY Tung, chairman of the CY Tung group, which through its Orient Overseas ContainerUPI - 300 words
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Article, Illustration69 1980-02-21 14 PAKISTAN Notional Shipping Corporation's vessel M&kr&n sailed from London's No 2 berth Tilbury Dock recently on her maiden voyage. The Makran is the first of If modern eembf and balk carrier vessels which will greatly enhance the lifting capacity of the Pakistan fleet and improve loading performances69 words
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Article918 1980-02-21 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 following918 words
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Article1208 1980-02-21 14 DETAILED fixing was thin on Tuesday in the wake of the US Washington's birthday holiday but the market by no means lacked excitement. On the contrary, rumours abounded to the effect that Soviet charterers were embarking in a wave of time-charter booking of 25,000-50,000-tonners for movement of Argentine1,208 words
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812 1980-02-21 15 TWO lines engaged in the Middle East trade have decided to pool their resources on what remains a fiercely competitive run. Finnlines Ltd of Helsinki and OT Express which is part of the Swedish Johansson Group are to combine their existing services to the812 words
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Article235 1980-02-21 15 AUSTRALIA was by far the worst country for strikes affecting shipping in 1978-79, according to the annual report of the John Laing-man-aged Shipowners' Mutual Strike Insurance Association (The Strike Club). The report shows that 63.44 per cent of all claims on its members came from Australian235 words
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491 1980-02-21 15 THE US boycott on Soviet liner shipping as crosstraders in US ocean commerce has now reached its highest point since American ports were opened to Soviet vessels by the USUSSR Maritime Agreement in 1972. The only services still remaining are those of the491 words
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Article147 1980-02-21 15 SEATRAIN Pacific Services, one of the first American steamship companies to be invited to China on a trade mission, is now moving cargo into that country. Sea train president John Graves said: "The expansion of Seatrain's service to China reflects our response to what we .view147 words
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Article, Illustration572 1980-02-21 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Seroja (after Botany Trust, head west for D/L, L/L A UTM/L) 33/34 Botany Trust (Tanker) (1500 after Wakagiku Maru hauls, L/L A D/L, head west) 33/ 34 Fujitsuki Maru (Tanker) (after Hoe Hing, P/O, subject gas free) 15/16 General Kravtsov (Tanker)572 words
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4005 1980-02-21 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 of4,005 words
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Article438 1980-02-21 20 A GROWING NETWORK SIX more shipping agency companies have been accepted as members of the fast-growing Multiport Ship Agencies Network. This brings the total number of countries re presented in the organisation to 34. Countries covered by the new members are Italy, Chile, Panama,438 words
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Article408 1980-02-21 20 UK4teutoa: Mercandia's recently announced independent service from Northern French ports to Reunion Island due to be initiated at the end of this month is to be extended to include calls at Felixstowe in the UK and also at Mauritius. FCL and LCL capability is offered by the line.408 words
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360 1980-02-21 20 UK West Africa Lines Joint Service plans to complete an £80 million switch to combined carriers operation by the end of this year. The conference lines have been changing their old conventional vessels for 13 new multi-purpose, semi-contain-er ships over the past six360 words
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Article133 1980-02-21 20 CANISTERS of deadly toxic chemicals being washed ashore along England's south coast did not come from a sunken Greek freighter as originally believed, the trade department said on Tuesday. But where the chemicals, including arsenic trichloride, came from remains a mystery. A department spokesman133 words
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Article1428 1980-02-21 20 The leading shipping lines operating from loeal ports and the agents who handle cargo bookings for them. A B Adriatic Caatataer Container Feeders (S)/Cargo Freight (PK). APEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Alfred C. Taepfer Sea Consortium (S)/Marintex Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg and1,428 words
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Page 13 Advertisements
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Advertisement327 1980-02-21 13 IjV qramard limb INDEPENDENT- ATTRACTIVE RATES MEDTTEMAANEAN/EAST ASIA SERVICE ACCEPTING CONTAINER CARGO FCL ONLY Nfc PORT SAID, ALEXANDRIA, BEIRUT, LATTAKLA, UMASSOL. ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge. BRANMI SNIPPING ABINCIES (S) PTE LTD. TEL: *****77 (5 Lines) I \KI)IM I 11 Orient Overseas ContcuneA. Line327 words
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Advertisement406 1980-02-21 13 JSI SEALORD ANTAFI a UASC UNITED ARAB SHIPPING CO (SAG) IV 1 I M /II Ili WEEKLY MULTI-PURPOSE SERVICES Loading for Mma Qaboos (7/3), Dubai (10/3), Doha (13/3), Dammam (16/3), Kuwait (19/3) j Dubai (19/3), Dammam (22/3), Kuwait(2s/3), Shuhaiba (28/3). Dubai (28/4), Dammam (1/5), Kuwait (4/5), Doha (7/5), Mma Qaboos406 words
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Advertisement370 1980-02-21 13 I o cnan j Ahjfri.in S .it Hiii.il L"n WE SERVE MEDITERRANEAN AND ALGERIAN PORTS Agents. NMCffiC IVMS i TMMM MEKTPILLTI. Tet *****4 (5 hnes) SINGAPORE mm/ a CONTAINER Schedules SHIPS lm Pwt WORLD Services REGIONAL Weather WHO Acta Per When *r MAERSK LINE 13 n m rn ALVA MAERSK*370 words
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Page 14 Advertisements
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Advertisement544 1980-02-21 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG MALAYSIANNTERNATK3NAL SHPHNG CORPORATIONBERHAD tder 'PKelaag Vessel Spore 1) Msetttes 2) Rdam 3) H'tnirg Gburg HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 1) Gburg 2) H'burg 3) B»en 4) R dam 5) Le H f Keiang S544 words
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Advertisement308 1980-02-21 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA rtuia •N/2 23/3 10/3 K) Mr Fa Cmtmm mti 79/3 tSK*£ 3-4/3 3-5/3 1819/3 CM 2/4 26/4 17/4 6/4 1/5 22/4 Snk CM* »/4 4/5 5/5 24/4 B Mr* N M teta St Mi N. On HmM308 words
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Page 15 Advertisements
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Advertisement955 1980-02-21 15 Overseas J B M Containers Limited Weekly service to/from UK/Europe a STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTMCBW SOWS TO UK/CfIHTIOT: Tata Eipreu 23 Fab City V ElMwgti EMeMaru 3 Mv Kvama Mm 7 Mat Braaan Eiprtss 11 Rbr HWf A'dam S'pva Plda( Dmart Bran A'werp955 words
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Advertisement377 1980-02-21 15 Franco Belgian Services {Fir Fast French Service with Belgian Far Eastern Lines) AC f CONSO* T X C.M.C.R. AH k AST V R£ V M Sf WVT OCWLn VMJOU AI.tMHA DWm («P> 4 Apr a Apr H Apr 27 Apr SAM NAKATI MM Genoa Trieste Smpporc 31 Jan 5 fab377 words
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Page 16 Advertisements
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Advertisement677 1980-02-21 16 FULLY CONTMOBED TO EMK* EWKSS COMIMnOML TO EUWff %pmt P Xrtmfta Mbat Gmn tfbwf Bnmm Um Wv AVSMMWOT 24/7 25/2 1/3 22/3 U/J 1/4 31/3 21/3 25/3 25/2 20/3 30/3 28/3 25/3 23/3 S«M* Mdumn 11/3 13/3 16/3 6/4 18/4 14/4 11/4 9/4 FULL* CONTAKRBED TO GENOA/TRESTE m m Spve677 words
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Advertisement572 1980-02-21 16 ALTAM 149W VEGA 147N LINE. KOREA SHIPPING CORPN P. Ktbnf STORE 0/0 Mar 10/131 ALTA* 150E 6/9 Mar 10/13 Mar 7/10 Apr 11/15 Apr VEGA 14JE 7/10 Apr 11/15 Apr FMBUSAN BANGKOK TOBUSAN FMBUSAN BANGKOK TOBUSAN PENANG CALL SUBJECT MDUCEMENT MC KX KX KX KX KX KX KX KX KX572 words
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Advertisement344 1980-02-21 16 0 EVERGREEN LINE IF AH UROPE MPRfSS fUll CONTAINER SERVICE ACCEP7WG CARGO FOR; HAMBURG. FELIXSTOWE. ROTTERDAM, ANTWERP. LE HAVRE ALSO ACCEPTWG CARGO FOR: SOUTHAMPTON, LONOON. MANCHESTER. BKMMGHAM. BRISTOL. LWERPOOI. GLASGOW. LEEDS WEST GERMANY BBEUKWr HOLLAND AMSTERDAM Vpa* Mai NUmMMmMm I* Mm i Ewr %a IMa 22 Ma MM* 27 Ma344 words
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Advertisement866 1980-02-21 16 Everett Lines Burim Fiva Star SkippMi Carpa. "BURMESE NATIONAL LINE' LOAUNG FOR RANGOON B F SS-C Aomm* in Mokmia TEPS MALAYSIA Port Katang T«l (38V7355 Panong Tal *****/***** NangKMR lntarcaNtiaantal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOAMS FOi DURBAN, CAPETOMI BUENOS AMES S>M Earty May TramportacMM MhritNiM M«xicMia S.866 words
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Advertisement575 1980-02-21 16 J 80.5. E. V A 2 A A A M A A < A A A A y A S 1 X II OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE 21/23 Mar IS/20 Mar MB, STD, MEL 1/3 Apr 4/5 Apr FREM. ADEI BANGLADESH SERVICE to Part CtfTTAGONG.575 words
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Page 17 Advertisements
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Advertisement574 1980-02-21 17 IS. PIL GROUP EAST AFRICA/REDSEA SERVICE Jl SINGAPORE/CHITTAGONG/RANGOON/SER VICES Singapore k#t/2«hr loading For: Chittagong. Madras, Rangoon SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INOONESIA/SINGAPORE SERVICES EASTBOUTO ETA STORE ASEAN GREAIWSS IC/I0 24 ftb ASEAN NATIONS 21/80 1$ Mar ASEAN LBERTY 3E/8Q 7 Apt ASEAN MBSJOK 4E/M Ma, PHILIPPINE INTERNATIONAL SHIPPING CORPORATION Ist (incorporated in574 words
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Advertisement718 1980-02-21 17 ilsd BEN LINE CONTAINERS EHW* CORTMCR SMS TO/FROM EUROPE ran—i hburg- rrnwn roam name soton Gwwaar/Aatfn* Bcatfu Frwct MUK ru«« S pore Nr. *—'y SM SMM 1M MM 24/2 W2 KM W MM MM MM MM V) Km *■**1 &to MM MM MM MM MM VI 6/3 ML TWN MM718 words
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Advertisement511 1980-02-21 17 Scan Dutch V M *> *•**■> Mhaarp. Lmrpoal. UA .CaoaryMM 3) iMMm mm filial! NM 4) I aui ~2 r«7 > B*j ss-«sf» «>*-* jcrrJ*** 2S*'*'*' *W 1/1 to "P M M M M M VI J/J -HE M M M IM 2V2 12/1 11/1 Mm* ■wjj nst nn an511 words
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Advertisement645 1980-02-21 17 BOUSTEAD AGENCIES THE BANK L INf l.TI) LOADS FOR E. t S. AFRICA ft (to. I l onto*). ftwatM 4/6 Apt S port lit LVKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, MoMe, Houston, Galveston) Stifiport P. Ketone Kuantan US GMI LOUSE LVKES «fad» t toatfs).. 24/27 Feb 7645 words
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Page 18 Advertisements
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Advertisement859 1980-02-21 18 L K. LINE KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA no feeder kssels* n sp motwr cms tr use A WSSfI VI 7/1 Qmm'i Ar, NP a/3 1/4 Np a/3 i/< UwCaMMMp a/3 7/ DRMIn a/3 MMIn a/3 Mi Act 17* 1/3 U/3 Padßc hum 28/3 7/4 UMfahHp »/3 7/4859 words
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Advertisement429 1980-02-21 18 S CAIMRMA/PACHC NORTH WEST SERVICE l"*t LOS ANGELES, SAN FRANCISCO. JEATTIf. TACCRM. TWfflr. IC EXPRESS CONTAMER/CONVENTIONAL/ REEFER SERVICE —r war s w L ntr AUSTRALIA EXPRESS CONTAMER SERVICE NEW ZEALAND SERVICE "S O. HMVA HUBESr JAPAN SERVICE ntOMMMAT TO lOH YOKOHAMA "A KESSQ" FROM CAICUTTA TO MNE. OSAKA. YOKOHAMA WK»A429 words
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Advertisement655 1980-02-21 18 o > roup SINGAPORE SHIPPING AGENCIES PTE LTD JOTm fiOOB OC FAN Bun C NO vao.ftso 9'".. UL SIS' GCNfOAi 9 J. M.sts Tfll« OS /4S9 1 «S i<S*B A B CABS" P I CARGOSM.P 11:10! OtntniniT Unvs WEEKLY CONTAINER SERVICE to/from BANGKOK KH STCK(IM) Kim m/n IBll* m 2*655 words
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Advertisement579 1980-02-21 18 TO granard line INDEPENDENT- A TTRACTIVE RATES MEDITERRANEAN SEA SERVICE ACCEPTING CONTAINED CARGO FCL ONLY FOR; PORT SAID. ALEXANDRIA. BEIRUT LATTAJOA. UMASSOL. ISTANBUL PIRAEUS Specially engaged agents A stevedores providing immediate discharge pimm* M.V. CM Tin VJM SM -T HI. MM ate »J7» I Mar MV. WW RMS V. 3M579 words
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Advertisement589 1980-02-21 18 t INTRfISEfI (PTC) LTD. House 23JE Orchard Singapore 9 j| Telephone *****H'*****57 PIS REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE wreww UM 1 wi&S own OLTMPM ROTTERDAM iSStmn 71 «nw/wno»ii 15 11 Mar BOULOGNE/IK (AVON) Stagapare MTRASEA (PTE) LTD *****11 BOOMNG 235*57 *Af—' »»fK I IWW 4M644. *****? UM7t o**sus589 words
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Page 19 Advertisements
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Advertisement133 1980-02-21 19 TRUCONTAINER EXPRESS INTERNATIONAL; (S) PTE LTD Suites 1311/1312. Shaw Towers, Beach Rd. Singapore 0718 Regular Container Service accepting FCL/LCL Cargo for New Zealand Auckland, i, Wellington, Lyttleton, Dunedin Australia Sydney, Melbourne, Brisbane, Adelaide, Sri Lanka Colombo I. Europe and UX Call *****81 I |j W Container leasing aervices HICCU CONTAINER133 words
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Advertisement146 1980-02-21 19 ZIK INTERNATIONAL FREIGHTWAYS PTE LTD BAW6KOK SOmiCt KNMK PJffUWB srm Lm+t tar REEFER POMT 26/21 Feb Ba«fcafc sawct TO HK/WM Kssn srm rows mug VfING FUNG 22/23 Feb Kobe/Yokohama vessa TO MPOLI EAST pjojme vrm NEW FORMULA 21/22 Feb Muscat, Bavah o«*y PJEMC P.GUDMK STOW 24/28 Feb Bav*. K»«a< o/*»146 words
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Advertisement223 1980-02-21 19 WORLD LINE EXPRESS REGULAR SERVICE MPAN/HONGKONG/STR/UTS VESSEL SARAN GOLDEN LAKE BASCA SPORE M PORT M PORT Fab. 21/29 P.KELANG Fab. 22/23 FA 24/25 Mar 1/2 i Gm Aftnt IVfOH QMS <S) fit LTD, 01. Ml ft. Mi Trail Cat*. Mn S*n. ftppan MM. T* 77(1111 M| G«n. Ajwt IMM *11223 words
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Advertisement110 1980-02-21 19 NOTICES Y DONG SUE LINE \l M.V. DONG YUN 1 VOY 2/80 arrived Wjm AT PSA Godown 40/41 General survey on damaged cargo discharged ex the above vessel will be held on Friday 22nd February IMO at from MO am. to 12X10 noon. No further survey will be held after110 words
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Page 20 Advertisements
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Advertisement141 1980-02-21 20 THE TIMES A 1 A'l i W -i i lAI V. '4. P 'J* u m r v v u <r* THE TIMES ATLAS OF WORLD HISTORY presents the drama of World History in the arena of its action: the lands and seas of the world. This entirely new and141 words
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Page 20 Miscellaneous
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Miscellaneous160 1980-02-21 20 ■NHS cssx M /•xV-i:-"S vy ss i: xSii;:;M SS PPS W.vXvXv*x ••x V: vfviy s k 1 u m WO3 A K sr* B 1 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: of Tropica] Depression, maximum wind speeds 22 —33 knots. I Direction of movement Centre160 words
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