The Business Times, 6 August 1980
1980-08-06
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The Business Times
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Title Section11 1980-08-06 1 BUSINESS TIMES M.C.(P) No. 111/1/81 WEDNESDAY, AUGUST C, 1«M 50 CENTS11 words
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BRIEFLY...
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Article47 1980-08-06 1 Reuter LONDON, Tues. About 70 Iranians appeared in two London courts today after scuffles with British police last night during a demonstration outside the American embassy. They were charged with offences ranging from using threatening behaviour to assaulting police officers and carrying offensive weapons. ReuterReuter - 47 words
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Article61 1980-08-06 1 AP MANILA, Tues. Military officials have charged an American and 19 Filipinos with plotting to assassinate President Marcos and his wife with bombs, the Defense Department announced today. The American, identified as Steve Psinakis, was also charged with attempted assasination of cabinet officials. Psinakis and 8 other accusedAP - 61 words
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Article80 1980-08-06 1 UPI LONDON, Tues. The House of Commons Foreign Affairs Committee said today that there is no evidence that the invasion of Afghanistan was part of an overall Soviet grand strategy to influence the Gulf and threaten Western oil supplies. But it said the West must provide MiddleUPI - 80 words
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Article57 1980-08-06 1 AFP CANBERRA, Tues. General Motors' battle with the Australian labour movement deteriorated today when a 24-hour picket line was set up around the Pagewood Sydney suburban plant of General Motors Holden. Closure of the Pagewood motor vehicle plant was announced a few weeks ago, and the unionsAFP - 57 words
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Article65 1980-08-06 1 Reuter BEIRUT, Mon. Commando chief Yasser Arafat has told European Common Market representative Gaston Thorn the Palestinians would establish a state on any part of the West Bank from which Israel withdrew, Palestinian sources said today. Mr Thorn, current chairman of the EEC Council of Ministers, met theReuter - 65 words
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Article62 1980-08-06 1 KUALA LUMPUR, Tues. The Trade and Industry Ministry has recommended a three-month duty exemption on soya bean meal imports from this month. The exemption of 15 per cent import duty and 5 per cent surtax would, however, be allowed for a quantum of up to 1862 words
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Article69 1980-08-06 1 AP NEW YORK, Tues. The stock market was mixed today, continuing the neutral trend of the past few sessions. The Dow Jones average of 30 industrials slipped 1.11 points to 929.95 in the first half hour. Gainers held a slight lead over losers among New 4ork Stock Exchange-listedAP - 69 words
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Article145 1980-08-06 1 Rises Indices Uld Plantations Keck Seng Premium Hldfi Guthrie Shangri-La Magnum Corpn 306 580 140 231 1150 1040 52 45 15 11 10 10 RT.Indfcator: Industrials: Finance: Hotels: Aug 4 Aug 5 7397.57 7372.® 574.87 572.29 1045.67 1040.56 523.50 525.53 Pus an Paber Merlin C K Tang145 words
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Article, Illustration150 1980-08-06 1 Falls Indices UtdMal 370 -90 Aug 4 Aug 5 146T2.*****74.56 Sel Prop River View 960 280 -30 -20 B.T.Index: OCBC L190 -20 Industrials: 673.46 667.56 Dun] op Ind 515 -15 Finance: 967.53 958.21 K era pas 615 -15 Hotels: 382.11 382.88 Rothmans 540 -15 Properties: 495.92 488.57 Tlmuran150 words
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Article, Illustration433 1980-08-06 1 CATHERINE ONG - INTEGRATED DEVELOPMENT By CATHERINE ONG THE Urban Redevelopment Authority is expected to announce soon a doubling of the size of a land parcel offered in its current ninth land sale. The site, designated land parcel 8, flanks the newlyexpanded Merlin Plaza and is sandwiched between433 words
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171 1980-08-06 1 A SECOND round of discussions between Singapore and Japan on the setting up of a computer software institute in the Republic will begin on Monday. A five-man delegation of Japanese experts will arrive here on Sunday for a three-week visit to meet officials from the Economic171 words
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Article332 1980-08-06 1 AN Indonesian garment factory, PT Wearwel International, is advertising in Singapore for experienced personnel to run its plant in Jakarta. A company spokesman said yesterday that the company is recruiting here mainly because such personnel will be readily available now that Singapore is phasing out its332 words
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Article318 1980-08-06 1 SINGAPORE Time, the maker of Seiko watches in Singapore, will be involved for the first time in an export deal to China. The company's locally made watch movements for mechanical watches will be sent to Hongkong or Japan and used in the assembly of Seiko watches318 words
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214 1980-08-06 1 CONTRACTORS have beta advtort to faMi 11» «AMml eMt arWag tnm haviag to esatrfhate to CPF to Mr eampatottoa at fatare leaders. TV Mtotalij «I NattoaaJ DmhpMat saM to a statement ywtortaj thai "they sfasaM take tato aeesaaft the tiapilmttw ef214 words
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490 1980-08-06 1 MARGARET THOMAS - By MARGARET THOMAS TWO LOCAL management firms will merge next month, a «marriage that could see the emergence of a Singapore-based consultancy as a force to be reckoned with in the region. Tax specialists Brijsoin A Stephenleong (BS) and public accountants Medora Tong490 words
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Page 1 Advertisements
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Advertisement43 1980-08-06 1 Raki Corporation For all types of OH Culinary (Oriental Raki Corporation Tel: *****4 *****4 •''"■J Teten: RS 24«74 A B RAKICOft ruDOed, herbs. CaMc: "RAKiCORP" «eeds.roots, spices F«.„, pulses. Mantling Industrial Estate Malaysia Tel: ***** Manufacturer. CaMc: "RAKICORP" Johore Bahru miller and stockists.43 words
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Advertisement43 1980-08-06 1 FRATA FRATA N€WS woe CONTAINER SERVICE TO HONG KONG AND COLOMBO FOR RATES BOOKING CALL MR. TAN KAY HOCK MRS. JUDY TEO MISS CHEW LEE LEE FRATA SHIPPING PTE. LTD. Suite 801,8 th Floor, World Trade Centre, Maritime Square, Singapore 0409 Telephone: *****0443 words
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Advertisement63 1980-08-06 1 Le*der...page C m SHIPPING TIMES MALAYSIA studies Jspeeeee trading linmi 2 US cm reduce dependence on Imported ni1.............................. 5 THE FOCUS to new mi wealth of Shah SWISS National Bank acquires SDiln SCIENTISTS Invent new form of natural rubber 12 JAPANESE measures to prop up ec0n0my.............................. 12 AIRCRAFT I, TV63 words
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Advertisement73 1980-08-06 1 LP-' il-M-jHa fc V' Jt Every piece of Waterford is an original work of art. Each piece is shaped from the motten crystal by master craftsmen, and then individually hand cut. This is why no two items are exactly the same. aferfbeft 1 (Erystnl Sil\aro>al Pie LuJ 62W>30 Colombo Court73 words
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TRADE AND INDUSTRY
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683 1980-08-06 2 RICHARD SEAH - By RICHARD SEAH A LOCAL company is confident that its computers will be in demand by schools when computer education is introduced next year. Data Terminal Services (DTS) Singapore has sold an initial five units of Apple Two Plus micro-computers to the Curriculum683 words
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Article, Illustration160 1980-08-06 2 THE Sim Lim Finance Ltd board of directors has appointed MB ONG SING PANG as executive director. Mr Ong, 53, has been in the financing business for nearly two decades and was the founder director of Singapore Finance from its inception in 1961 till last year. Mr160 words
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Article, Illustration461 1980-08-06 2 SPORTS enthusiasts and those connected with the leisure trade can look forward to regular exhibitions which feature the latest in the field. Organisers of Sporex-Asia '80 feel there is a need for regular exhibitions, comparable with (he European Spoga and Ipso exhibitions of461 words
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386 1980-08-06 2 MALAYSIAN Deputy Trade and Industry Minister will visit Tokyo late next month to have discussions with officials of Mitsui and other major Japanese corporations, and to seek their advice on how to set up a Malaysian sogo sbosba (trading house) to spearhead Malaysia's export expansion386 words
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Article81 1980-08-06 2 AT A RECENT annual general meeting of the Oxford and Cambridge Society of Singapore, Dr Winston Ob was elected president; Mr Chelva Ratnam Rajah, vice-presi-dent (or Oxford; and Professor Charles Ng, vice-presi-dent for Cambridge. Miss Naseem Jumabhoy is the honorary secretary and Mr Paul Khoo Boon Hui is81 words
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207 1980-08-06 2 AT LEAST 10 Australian companies will be looking for agents and distributors in Singapore when they take part in Enex, the electrical and electronic engineering exhibition, at the World Trade Centre from Oct 21 to Oct 25. This was disclosed by Mr Roger Bayliss, Assistant207 words
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Page 2 Advertisements
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Advertisement408 1980-08-06 2 SPEND NATIONAL DAY WEEKEND AT CLUB MEDITERRANEE, CHERATING i > v ■S X \l 1 J mem vS V >A it 4 V ✓/> m w BS ?N i r. A VI .r sC?*gi-! «l i y *JK -and try the worlds leading 'total freedom' holiday experience for yourself Club408 words
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Advertisement88 1980-08-06 2 OPPORTUNITIES Garware Grace (Singapore) offers the following foodstuffs/consumer and miscellaneous goods: ITEMS OFFERED FOODSTUFFS/CONSUMER GOODS Mango Juices and Pulp Spices (Pepper, Cardamom, ginger, turmeric) Cashew Nuts, Peanuts Marine Food Products Basmati Rice Incense Sticks (Agarbathis) MISCELLANEOUS Leather goods, feeding bottles, handicrafts, auto lamps and accessories, weighing machines, chemicals, Diamonds, Paints,88 words
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REGIONAL
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Article214 1980-08-06 3 AFP INDIA is concerned about worsening commercial relations with the US. The concern was understood to have been conveyed to the US ambassador Robert Goheen by Indian Commerce Secretary A. S. Gill a few days ago, according to PTI news agency. What has soured tradeAFP - 214 words
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THE REGION IN BRIEF
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Article390 1980-08-06 3 Agencies INDONESIA and Thailand will stage a joint airforce exercise in November to test their capability in dealing with any eventuality, an Indonesian airforce spokesman said yesterday. Indonesian Airforce Chief of Staff Air Marshal Ashadi Tjahyadi received group Captain Ekachai of the Thai Airforce on Monday to discussAgencies - 390 words
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Article, Illustration147 1980-08-06 3 UPI UNITED Nations SecretaryGeneral Kurt Waldheim left Bangkok yesterday by helicopter for a first-hand look at the tense Thai-Kampu-chean border. Senior Thai officials said Dr Waldheim would continue his talks with Thai Foreign Minister Siddhi Savetsila during the sevenhour trip on finding ways to ease theUPI - 147 words
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391 1980-08-06 3 PRESIDENT Marcos of the Philippines is considering reorganising his cabinet and making a general change in the military's chain of command. "While we have not yet solve the Mindanao (southern Philippines secessionist) problem, we are doing so, while we have not wiped out completely the391 words
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Article134 1980-08-06 3 UPI JAPAN'S Defence Agency has called (or rapid modernisation of the armed forces to counter a "growing" Soviet threat, appealing anew for military vigilance in a country where war is illegal. The agency, in an annual defence report, said Japanese forces "have been facing hordes ofUPI - 134 words
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614 1980-08-06 3 UPI AP JAPANESE car makers reacted bitterly yesterday to Ford Motor Co s formal appeal (or import restrictions, saying it was proof of America's incompetence to produce fuel efficient cars. Ford had petitioned the International Trade Commission (ITC) on Monday for curbs onUPI; AP - 614 words
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Article216 1980-08-06 3 Reuter JAPAN has proposed a new formula to meet US demands for the semi-official Nippon Telegraph and Telephone Corporation (NTT) to allow foreign companies to bid for lucrative equipment contracts, Foreign Ministry sources in Tokyo said yesterday. The sources refused to give details of the proposalReuter - 216 words
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175 1980-08-06 3 MAJOR Japanese steelmakers have informed Russia of their readiness to conclude a long-term contract for the supply of one million tonnes of large-diameter steel pipes annually for Siberian pipeline construction. Industry sources quoted by the Japanese news agency Jiji Press ako said the175 words
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Article88 1980-08-06 3 AFP A COMBINED AustralianAsean trade base should be set up to enhance Asean and Australian trade throughout the world. This is the opinion of the Indonesian Minister for Trade and Cooperatives, Dr Radius Prawiro. He was speaking yesterday on behalf of all five Asean nations atAFP - 88 words
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Page 3 Advertisements
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Advertisement569 1980-08-06 3 Discover what some gold from American Express and United Overseas Bank can do for you Fv "r. <£ V7l warn::,.» IL'V Wm±** III! The American Express Gold 1111 Card is the closest thing there is to international currency. It gives you worldwide charge privileges at hundreds of thousands of restaurants,569 words
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Advertisement0 1980-08-06 3 .]~:.~-@|<}];(-\+`]?__?)%/~:*?$0 words
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RAW MATERIALS
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Article330 1980-08-06 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.08, 100 per cent second class 0.96, 100 per cent third class 0.93, 25 per cent new crop no stock, B-10 per cent 0.80. THAI BROKEN: A-super 0.72, Special no330 words
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Article218 1980-08-06 4 CHICAGO soybean futures on Monday fell for straight 30-cents-a-bushel daily permissible limit losses, and closed that way with sellers vainly offering at the finish. Prices came off limits at times during the session, since many traders still believe that the crop damage from the drought is likely to be218 words
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Article222 1980-08-06 4 WHEAT futures on the Chicago Board of Trade followed the lower soybean market on Monday, finishing 5Vt to nine US cents a bushel lower on balance. Prices swung over a 12cent range with nearbys ending 10 to 11 cents above dajtyjows. The late support came mostly from locals who222 words
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316 1980-08-06 4 Reuter JAPAN has agreed to buy 400,000 tonnes of Thai maize during the 1900/81 season, October to January. Teruo Kumimoto, president of Japan's Seed Manufacturers Association, last week signed the agreement for the buyers with the president of the Board ofReuter - 316 words
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130 1980-08-06 4 Reuter INDONESIAN rubber traders and farmers have asked the Jakarta government to help the industry cope with sagging world prices. Reporting this, the semiofficial government news agency Antara said sluggish buying by US rubber mills has resulted from high interest rates and caused the priceReuter - 130 words
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Article151 1980-08-06 4 Reuter ZAMBIA'S state-controlled mining companies are diverting some-copper shipments from the TanzaniaZambia Railway (Tazara) to the so-called Southern Route via South Africa because of congestion at Dar-Es Salaam, a mines divisional manager said, according to the Times of Zambia newspaper. It said Brian Eastwood, general managerReuter - 151 words
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Article314 1980-08-06 4 OPENING prices on the Singapore rubber market yesterday were about unchanged. Thereafter, the market ruled very quiet throughout the morning session with a steadier undertone. Values advanced slightly towards the morning's close on some covering interest and reserve of sellers. The morning session ended slightly higher with August One314 words
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Article36 1980-08-06 4 Rubber: Aug 5 Singapore: Aug: 283.00 cents (up 3.50 cents) Malaysia: Aug: 286.50 cents (up 3.00 cents) Tin: M 52,175 (unchanged) (equivalent to $35.96 per kilo) (unchanged) Official offering: 155 tonnes (down 12 tonnes)36 words
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Article312 1980-08-06 4 R.AjS- price* in centt per kilo yesterday: Noon (perkllo)^ Int. 1 R.S.S. prompt f.oJ). 380 00 M OON Int. 1 R.S.S. August VO.HO 281.50 Int. 1 R.S.S. September 282.50 283.00 Int. J R.S.S. 274.00 275.00N UK/Coot 273.00 274.00N Int. 3 R.S.S. 271.00 272.00N UK/Coat 270.00 271.00N Int. 4312 words
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Article114 1980-08-06 4 NOON SSI R and SMR phem ymt ■rday: RA8 A« (Carraal Bvyin I 7M VI 256 40 IM I Mtk) 0MM( ■WIH 1 25# JO ***** ■bar 1 Mtk) SSR20 SSR50 (1-toa palltt) (ltoa pallet) 280AON 2S7J0N a, Ml AON 258.50N MRKLB SMR CV SMRL SMR t114 words
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Article72 1980-08-06 4 THE STRAITS tin price la Penan* yesterday was snchanged at M 52,175 a pleal, $J# ftbive the International Tin Agreement ceiling. Despite weaker Lendon advices en Meaday, conditions were generally steady en further lew sff erings by miners and the market was alse aided by eeatinned small snppert72 words
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Article172 1980-08-06 4 CHINESE Vnimn Exchange, Sngapsre, rl—lsg prices per IN kg yesterday: Csesast ell: Bulk fob 143.75 sellers, old drum (in second hand drum) fob $153.75 sellers, new drum fob $159.75 sellers. Copra: Mixed (loose) $86.50 buyers. Pepper: Muntok white pepper fob Asta NLW $432.50 sellers, Sarawak white pepper faq172 words
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Article193 1980-08-06 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttaa yan: China Blue Phoenix 20b 2,200; 32b 2,590, 40b 2,840 (per bale of 400 lbs). Plem (Bad*: China Butterfly and Globe brand unq; Dragon Head unq Five Lambs unq; Flower and Butterfly193 words
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Article116 1980-08-06 4 VALUES ruled lower in the Kuala Lumpur palm oil market yesterday, in line with easier overnight Chicago advices in moderate trading, dealers said. In the Central and Southern regions, August and September each traded Msls lower to 1830 a tonne and the Northern region was traded at $845.116 words
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Article781 1980-08-06 4 COFFEE: Robusta futures yesterday gained mostly £31 to £40 In a morning volume oC 1,833 lots. Dealers said the market opened around £20 to £30 higher though, (ailing to fully match gains at New York's close overnight on lack of buying interest and firmer sterling. Light mixed business781 words
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140 1980-08-06 4 Reuter BAUXITE producing countries and the world's major aluminium ingot manufacturers will meet in Kingston, Jamaica, from Dec 9 to 11, the International Bauxite Association (IBA) said. At the informal meeting, delegates will discuss matters of mutual interest, including the problems they face, IBA secretary-generalReuter - 140 words
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ASIAN STOCKS
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Article656 1980-08-06 4 TOKYO THE market rebounded slightly, but the focus of interest was still fixed on the specula tives. Kurabo Industries advanced further, and the number of construction issues selected increased. Tana be, Tsukamoto Shoi, Kawasho Corporation, Maruzen Showa Unyu and Nippon Chemical Industries were the specula tives656 words
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Article257 1980-08-06 4 AUO 06 HKt Amal Rubber Associated Hotels 5 54 -015 Bowalers Cheong Kong 20 40 -0.6 Chin* Enaa China Light I 21 SO -0.1 City Hotels City Urban Comsopol Craaa .Hart) Tunnel I 10.80 -0 4 East Asia Navlg 6.06 -0 15 Far East Each -0005 Phllex 0.1415 H/S257 words
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Article241 1980-08-06 4 AUG OS Cents INDUSTRIALS A C. 1 220 4-4 A N I 285, 5 A P M 115 S Ampol Pel 130 unch B H P 1400 10 Bunk NSW an unch Boral 280 4-1 Brambles 248 l C B A 259 41 C S R 730 unch t'oal241 words
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Article97 1980-08-06 4 AUG 06 Pesos Arc«» Mining 0062 -***** Alias Con. A Alias Con B. nso *0.5 Buguio Gold AOS -0 0002 Bentuel Con B 9000 -1 0.5 B> Goodrich 1300 CUCP SB -0.15 Inco B Landoil Lepanlo B. Marinduque B HI .1560 1150 ***** unch Meralco Oriental A OnenUl B97 words
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Article175 1980-08-06 4 AUG OS Amu Credil Bants 134 Axui KlbrtAyulhaya Inv And Trust 141 Bangkok Investment Bangkok Bank Bangkok Drying And Silo "I 302 Uunekok Insurance "3 Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd Bata Berli Jurker Carpet Inter National Charoong Thai Wire Crown Seal Dusit175 words
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Article45 1980-08-06 4 FINANCIAL TIMES INDUSTRIALS Monday Friday Week Ago DOW JONE8 AVERAGE INDUSTRIALS Monday Friday Week Ago «5.43 H.K.BANG SENG Tuesday 1130.36 Monday closed WeekAgo Hi». 12 SYDNEY INDUSTRIALS Tuesday 6R51 Monday closed Week Ago 686.33 ALL ORDINARIE8 Tuesday 919.82 Monday closed Week Ago 919.8545 words
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Page 4 Advertisements
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Advertisement198 1980-08-06 4 Keep abreast with Singapore's Economic Development!! Read Professor Lim Chong Yah's latest book Economic Development in Singapore, now available at all leading bookshops. This book contains some of the writer's views and analyses on the recent economic development in Singapore. CONTENTS: 1 Economic Development Of Singepore: An Assessment In 1969198 words
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OVERSEAS
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227 1980-08-06 5 Reuter THE British Government has agreed to ease some of the constraints on borrowing by Britain's state-owned industries following consultations with the Treasury. The Chancellor of the Exchequer, Mr Geoffrey Howe, told Parliament that the limited changes agreed to by the government had beenReuter - 227 words
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WORLD IN BRIEF
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Article498 1980-08-06 5 Agencies ITALIAN Prime Minister Francesco Cossiga has said today would be a day of national mourning for the 76 victims of Saturday's bomb blast at Bologna railway station. The mass funeral of -most of the victims will also take place today in the centre of Bologna. WorkersAgencies - 498 words
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Article773 1980-08-06 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL TMA TL375 0715 BEY/SHJ/KUL MAS MH621 0635 PEN SIA SQ101 0615 KUL RBA Bid 0930 BWN MAS MH671 0930' PEN/KUL SIA SQ211 1000 HLP MAS MH606 1000 KUL CPA CX710 1005 HLP SIA SQ103 1000 KUL773 words
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261 1980-08-06 5 Reuter UP to a quarter of a million demonstrators prayed and chanted in a solemn religious protest in Teheran's streets early yesterday, convinced that nearly 200 Iranian students are lying tortured in US Jails. In Washington, the State Department denied any premeditatedReuter - 261 words
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Article125 1980-08-06 5 Reuter WEST German inflation may fall below 5 per cent by the end of the year or at the beginninng of 1981. Central bank president Karl Otto Poehl said such a fall may be possible, but it depends on actions of Opec countries and on food pricesReuter - 125 words
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208 1980-08-06 5 AP THE United States can cut its dependence on foreign oil by half in 1990 by doubling use of coal, tripling use of nuclear power and relaxing certain environmental laws. The American Petroleum Institute, the US oil industry's trade association, presented two scenariosAP - 208 words
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567 1980-08-06 5 Reuter PRESIDENT Carter, brushing aside effects of the "Billygate" affair on his reelection chances, has refused to release his delegates to the Democratic presidential nominating convention next week. Mr Carter has more than enough delegates to assure him of nomination as the Democratic candidate againstReuter - 567 words
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Article184 1980-08-06 5 Reuter THE UNITED States must rebuild its aging industrial base, invest more in new factories and rebuild its transport network, President Carter said in his Labour Day message. "Inflation and declining production have sapped our economic strength. We must restore our competitive edge in work) trade andReuter - 184 words
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Page 5 Advertisements
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Advertisement35 1980-08-06 5 CREATIONS THAT ARE MORETHAN JUST GIFTS /3J m s* Created exclusively by ANDER THE specialist designer and manufacturer in Singapore. nnoERTiES bodges iufviptei iro 4141 A, Uxonf M-A.G*yl*n(. SiflfNiar* 1439 Td *****2. *****94 CM* "AMOCNCO"35 words
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Advertisement152 1980-08-06 5 FROM MORE TO MOST... NOW EVERYDAY CATHAf PACIFIC'S MAGNIFICENT DM7 TO HONG KONG. Most popular aircraft, at the most popular time. Now Cathay Pacific's brand new 8747 departs daily for Hong Kong at 11.00 am. Most flights 25 per week. Most seats 7,094 per week. Most departure times early morning,152 words
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Article390 1980-08-06 6 IT SEEMS such a sensible move for an Indonesian garment manufacturer to seek production workers in Singapore. As the Republic reorganises its economy, there will necessarily be some unavoidable retrenchment of workers in textile and garment factories. And wages of Singapore workers are still very competitive390 words
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Article244 1980-08-06 6 PROTECTIONISM is all very well when it is given to a new industry that has yet to establish itself, but it is ludicrous to give it to help corporate giants such as Ford Motor and General Motors of the United States. The recession in the244 words
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Article, Illustration841 1980-08-06 6 ANTHONY McDERMOTT - With the death of the Shah of Iran, ANTHONY McDERMOTT reports that the hunt is now focussed on the Royal assets. ANDREW WHITLEY, on the other hand, looks back on the life of the Shah. ANTHONY McDERMOTT FT BARGAINING FOR the release of the 52 AmericanFT - 841 words
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Article, Illustration1211 1980-08-06 6 Reuter WfITH THE DEATH of the exiled Shah of [ran an era has passed. No matter what befalls the Islamic revolution of Ayatollah Khomeini, Iran has changed irrevocably, (n addition, a vision which the West was fully prepared to endorse, of a backward Middle EasternReuter - 1,211 words
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Page 6 Advertisements
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Advertisement81 1980-08-06 6 Now Available! ASM page comprehensive BUYERS' GUIDE OF AUDIO VIDEO EQUIPMENT only $4/-a copy Plus: Interesting and informative articles on all that you want to know about high fidelity sound systems. get your copy today at:TIMES ORCHARD CENTRE Lucky Plaza, Mezzanine Floor ROBINSON'S BOOKSHOPS Specialists' Centre Clifford Centre JOHN LITTLE'S81 words
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Page 6 Miscellaneous
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Miscellaneous1073 1980-08-06 6 Young Franco's glory FRANCO became fee BpalaIlk Head «f Btale at the age si 4S. In Pertnlta et Fairer tonight at IJI, Fraadses Fraaee'i rite ta pewer b narrated by Beary Fsada. la the early part sf the eeatary, ysnng Franes begaa Us climb whea hta pit aaO eearage mi1,073 words
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Miscellaneous288 1980-08-06 6 @]%,]%])[!"[\^<_})|"@|'||/"(=|] Approached (6) Auditory organs 3 Auditory organs (4) 4 Discussion (7) 5 Networks (5) 6 Worshipped objects (5) 8 Sheet of a book (4) 9 Poorly (3) 12 Catch (3) 13 Loft (5) 15 Permit (5) 18 Soil (5) 19 Distant (3) 20 Long fish (3) 21 Natural gifts288 words
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Article, Illustration1602 1980-08-06 7 YUKO NAKAMIKADO - LDP FORGES AHEAD By YUKO NAKAMIKADO Reuter AFTER nearly a decade of [actional squabling and charges of corruption, Japan's Tilling Liberal Democratic Party (LDP) has assumed a new look and is forging ahead with policies to combat international political and economic unrest. The political climate in JapanReuter - 1,602 words
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Article941 1980-08-06 7 B J WU - FORUM] with B J WU MR JACK CHIA's suggestion that the 3 per cent incentive for above average workers be paid at the end of the NWC year has touched off a minor controversy. The unions are certainly not going to warm up to941 words
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Page 7 Advertisements
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Advertisement335 1980-08-06 7 I T\ oi *0 V. 1 Kr: r V 4 Every single office that we've ever come across has its own special requirements. And to complicate matters even further, these requirements keep changing. Which means that you need a computerised system that can be adapted to meet these constant changes.335 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article188 1980-08-06 8 AUG 04 FU ABN Ahold Akzo Algbunk 310 00 73 30 23.50 310 00 -2 -2.2 -0.1 AMEV 80 00 -1.5 Amrobnk Bergosi Brrk Bo Is Borsumlj 66 80 38 00 94 00 56 SO ***** -0 4 15 -1 -03 Burhmann Byenkorf Calland 66 50 57 80 24188 words
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Article280 1980-08-06 8 AUG 04 Fr» CORBEILLE Air-Liquide 440 4 B S N Gervais Danone 1004 -1 CS F (ThomsonCsf) 435 50 -55 Cie Francaise des Pelroles 230 unch Coiupagnie Financier? Compagnie General® 383 0.8 Credit Foncier De France 419.50 -25 Hachetle (Librairie) 258 Machines Bull 54 80 -0.4 Michelin (B) 876280 words
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Article85 1980-08-06 8 AUG 04 FORWARD MARKET 319 -J Artwd l««o +5 Aslur 429 -1 Brascan mm +8 Bru-Lamb I4jg Canpac u>m unch Coc« 71Q 4-2 l> Been 1 Ebes J990 +40 Electrobel 6180 *80 (Jb-In no-Bra ttk> 20 2*!"r 1280 *10 Pelro 4820 -10 Ryl Dutch 2455 -35 Sidro Soc Gen85 words
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Article200 1980-08-06 8 AUG 04 Dm A'g-Telefunken 83 40B 20 21 90 unch Alii Lrbrn Alii Vers ***** 138 50 J Bay H T Wbank 200 00 313.30 0.9 I 117 20B 311 00B 143 00B Cassella Chem Ver» C'ommerzbank Conu Qummi 330 00 258 00 170 80 S3 20 unch -a200 words
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Article190 1980-08-06 8 AUG 04 Francs Actions Suisses Alusulsse Br. Alusulsse Krf Brown Bovrri Br Ciba Geigy Br Clba Geigy P C Clba Otl|j Rm Credit Suisse Br Credit Suisse Reg Elektrowatt Br George Fischer Br Globus Pr Hero Br. Hoffman La Roche 1/10. Holderbank Br Interfood Br. Jelmoli Br Motor-Columbus Nestle190 words
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Article104 1980-08-06 8 AUG 04 Lire Anic e unch Assoc Gen ***** -40 B as Loci 579 30.5 Central* ***** 179 Plat 1536 6 t insider 3190 1506 Gen Immob in Pri 2749 -24 IiaJcementi ***** -40 1 taiga* 939 4-8 Italsider 322 50 416 0.5 Magneii M Pf -2 Marelli Ere104 words
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Article1008 1980-08-06 8 NEW YORK SOME MAJOR oils again bowed to profit-taking on Monday but the New York stock market generally recovered from its early declines to close only slightly lower. Analysts said portfolio switching out of some oils gave new support to some other groups, Including steels and aerospace. The1,008 words
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Article317 1980-08-06 8 AUG 04 Rand INDUSTRIALS A Alpha 436 Abercom 3(5 5 AE And CI m 15 AMIC 2500 25 Barlows 1100 uaeh Cg Sugar CNA H 540 -5 Currie Finance 220 2 1> Beers Ind 3100 Edcon 8t5 unc h Edgars 7100 Evereaay Fed Volk H 525 ♦10 Fuglt 230317 words
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Page 8 Advertisements
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Advertisement577 1980-08-06 8 $:/(!{*`>^]>`+;<&$",=]^~-:{''\" Where to wine, dine and entertain Feast like an emperor at Chinatown Our chefs can whip up culinary delights that would excite even the most demanding of emperors. Here at The Chinatown, we serve Szechuan specialties. Name your favourites Or ask for our recommendations Then be treated to a577 words
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Advertisement47 1980-08-06 8 Wtae, Mm ft Relax la Cesy AtaMtphere at The Ban Steak Have ft Beataanurt The Barn Steak House is elegant in decor and cosy in atmosphere. We serve Jsiey steak specially alr-Clewa. Relax in our executive lounge with your friends/business associates over drinks. Outside catering also available.47 words
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BANKING AND FINANCE
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232 1980-08-06 9 NET INCOME of the Private Investment Company of Asia (PICA) SA more than doubled to US$l.2 million (552.6 million) in the first half of this year, compared with $530,000 in the corresponding period last year. PICA is a private Asian development finance institution based232 words
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Article43 1980-08-06 9 THE RATE Interest m the Nippea Credit Bank (Caracaa) Finance NV's US$3l milliMi flatting rate aete (matariag in 1») has been fixed at 11% per eent. latere** payable am the relevant Interest payment date Nev against eeapea No. S will be UBSI3MC.43 words
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143 1980-08-06 9 THE International Monetary Fund (IMF) is considering borrowing a large sum of money from oil producing countries to help deficit-rid-den non-oil-producing developing countries. The leading Japanese economic daily Nibon Keizai Shimbun reported yesterday that IMF managing director Renard De La Geniere would make143 words
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Article, Illustration316 1980-08-06 9 THE United Overseas Bank (UOB) group will install 12 automated teller machines (ATMs) in shopping centres and popular establishments by the end of this year. Its first ATM (above) at Merlin Plaza will begin operation tomorrow, making it the first bank to start 24-hour banking in Singapore. And316 words
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231 1980-08-06 9 Reuter CHEMICAL Bank has raised its prime rate to 11 per cent from lOV4 per cent, becoming the first bank to make an upward adjustment since rates began dropping dramatically four months ago. However, the 11 per cent rate is the same rateReuter - 231 words
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333 1980-08-06 9 Reuter BRITAIN'S gold and foreign currency reserves rose US$lOO million in July to stand at $28.27 billion. This follows an underlying rise of 139 million net of new borrowing, early and scheduled repayments, and the quarterly revaluation of European currency units underReuter - 333 words
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370 1980-08-06 9 LEE YOKE MENG - TAPPING ASIAN MARKET By LEE YOKE MENG MORE quality Australian borrowers are expected to tap the Asian dollar market following the Australian Industry Development Corporation's (AIDC) US$l4 million three-year bond placement. The fixed rate notes carry a coupon rate of 9.5 per cent per370 words
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Article139 1980-08-06 9 THE WsvM Bank said net tartar frr Ht Ittt dasartol year «M Jot M was (Hlm milliM -44 per eeat above the prevtoas year aad ■early tVi times greater thaa la II7S. The Baak, wUeh makes laaas to immlaplag eeaatries, attrfbated the rise to a IS139 words
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Article341 1980-08-06 9 Reuter THE Swiss National Bank acquired SDRs for the first time late last month. Its latest balance sheet assets included 10.8 million francs equivalent of SDRs. This was the franc equivalent of 5.1 million SDRs paid by the IMF to the National Bank as partReuter - 341 words
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MONEY AND EXCHANGES
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Article465 1980-08-06 9 THE US dollar closed marginally higher against sterling, the deutschemark and the local dollar on the foreign exchange market yesterday. Against the mark, the US unit opened at 1.7708/18, but picked up to 1.7747/52 in the afternoon. Dealers said that the weakening in the mark was due to465 words
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Article295 1980-08-06 9 THE DOLLAR yesterday opened sharply lower following trends in New York on Monday and the Far East yesterday, but then firmed in early trading, dealers said. It opened at 1.7725/35 marks, in line with New York's close on Monday at 1.7720/30 and below a late Hongkong 1.7744/49. The dollar295 words
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Article63 1980-08-06 9 QUOTES on the Australia and New Zealand exchanges on Aug 5: AUSTRALIA: US dollar 1.1570/1.1522 Sterling 0.«28/0.«72 Ninety-day airmail buying rates: Sterling 0.5175 US dollar 1.1963 Ninety-day forward buying rates: Sterling 0.4971 US dollar 1.1494 NEW ZEALAND: Reserve Bank midrate U550.9774 Trading Bank Indications: US dollar 0.9824 0.9724 Sterling63 words
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Article315 1980-08-06 9 SINGAPORE gold futures yesterday closed generally firmer compared with overnight levels in light trading, dealers said. Opening quotations were marked up around US$lO an ounce following the metal's overnight firmness in New York and then held steady during the morning's trading. Prices rose further in he afternoon following the315 words
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Article173 1980-08-06 9 Asian rates ASIAN currency deposit Interbank rates as at close on Aug 5: US DolUn<8pot) Offer BUT 7 days 913/16 911/10 1 month 10'* 10 2 months 10V« 10 v* 3 months 107/10 105/10 0 months 10'4 10H 9 months 10V« 10H 12 months 1013/*****1/10 8w.Fr*. Das. (MU4k PrieM) 1173 words
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Article44 1980-08-06 9 RANGE of prices offend by discount houses on Aug 5: Overnight: «H to 615/1« Call deposits: CV« to (15/1« Closing Bsyinf 8«disc 3-month Treasury bills 8V« 3-month Bank bills 09/10 97/1« 3 months CD 9Vk 9 «monthsCD 815/18 813/16 Soarca: National Discount Ca44 words
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Article22 1980-08-06 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.1 per cent.22 words
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Article160 1980-08-06 9 THE US dollar firmed against most major currencies in moderately active late trading yesterday. Chemical Bank's prime rate increase to 11 per cent dominated the market, prompting commercial buying from Europe which boosted the dollar. The dollar strengthened to a late 226.10/20 yen from an opening 225.60/70 against New160 words
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Article140 1980-08-06 9 THE US dollar for overnight delivery yesterday closed at 226.20 yen, up from a 226.00 opening but down from 226.85 at Monday's closet dealers said. Trading was moderate with volume US$Bl2 million. The dollar flucutated between 226.05 and 226.20 yen in slow late trading a/ter early easiness in active140 words
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Page 9 Advertisements
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Advertisement110 1980-08-06 9 The international bank with your interests at heart. I m r N i -5 jiXfcwa. «v We have your interests at heart. DAI-ICHI KANOYO BANK Singapore Branch: G2. Hong Leong Bldg., 16, Raffles Quay. Singapore 0104 Tel. *****55 Waad Office: 6-2. Mar'unouchi 1-chome. Chiyoda ku. Tokyo 100 Tel. (03) 216-1111110 words
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1666 1980-08-06 10 BUSINESS DONE ON THE SES THE KLSE BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with th? number of shares traded shown in brackets in lots of 1,008 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL A cm a (32881,666 words
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Article129 1980-08-06 10 MNGAT6U mar nor (MiiHin'lrt— hfim) The Commerce IS LM The Savings Fund lA LM S-pore Prof Fund LM L«X mm a wop——wd mm imwm good m miiwuiwm f LM S port 9K. Fund 2Ji UTn S pore Invest Fund 171 LM S pore Equity Fund LM LM Ftrat129 words
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Article2729 1980-08-06 10 I960 High Low Compaay Last Sale Gr*s Div Div or- Cyt SECTION ONE Gr's YTd Net P/E Vol (•000) Day High Low INDUSTRIAL ft COMMERCIAL 370 223 140 110 334 81 352 482 312 414 245 220 116 140 270 60 275 246* 187 285 Acma Alcorn2,729 words
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Article1614 1980-08-06 10 BID and offer prices officially listed and burin— in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, imi— otherM nlfl J wise specineo im»iimi Am (1MB) (IMB 1MB) (1) 130 Ataa (14®1,614 words
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Article187 1980-08-06 10 Seatk Mm l—lpil «i ■aUtafi BM: AGM to be held at 197A, Batu 4V« Jalan Scudai, Johor Barn, at 11 am on Aug 15. SINGAPORE Gtaai (1VM) Ltd: AGM to be held at 3rd Floor, Mandarin Hotel, 333 Orchard Road, Singapore at 12.30pm on Aug 15. MALAYSIAN GNMmi:187 words
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Article, Illustration513 1980-08-06 10 SHAKE friev tliwl ea a mixed ante after Marrrte AfttkAMk mIIMM aMffi |tj 11 ■dim WWv Hill m» n the previous day whei townrwi pram perstoted slmtrt tkntftoat the Mrin, knrn staiel ■•re dtoeenrftoe rally to* waria Ike etoae. Selected steeks eeaseaaeatly retonM (ran tMr513 words
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Article620 1980-08-06 10 THE Kuala Lumpur stock market succumbed to moderate idling pressure to close broadly lower for the third consecutive session yesterday. However, losses were generally trimmed at the close, thanks to some afternoon support. The New Straits Times Industrial ordinary share index, reflecting the continued market620 words
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COMPANY NEWS
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Article, Illustration709 1980-08-06 11 -THE MONTHS 'THAT WAS J THE Singapore stock market was a hive of activity last month with buyers dictating price movements for the entire period. Trading sentiment was distinctly bullish with the underlying tone firm. As a result of the relentless buying, share prices were taken to new709 words
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Article574 1980-08-06 11 market Talk... INVESTORS should adopt a "defensive approach" in view of the strong run-up recently, realising profits on stocks which are showing substantial capital appreciation. This is the advise given by chartist company James Cowan Associates in its latest issue of Forecast. Although the On Balance Volume and574 words
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Article358 1980-08-06 11 RIVERVIEW Rubber Estates' results are likely to improve further this year, provided commodity prices remain fairly stable. Riverview chairman Mr J. E. S. Crawford points out that profits at any rate, "should not be less" than the earnings achieved in the last financial year to Dec 31,358 words
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Article266 1980-08-06 11 Current Payment Ex Date Book a Close Date Total for Total for Payable the year Previoua year Alex Hldgs Berjuntai B Kawat G Town Incheape Int Wood JC Eat JC MPH KL Kepong Malawata MBS M Brew Pahanc Cobs Pref Pegi Maia Riverview Sel Dredge Sel Prop S(266 words
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Article185 1980-08-06 11 Company Particulars Ex Date Books Close City Dev Rights Issue of 2 for 3 FAN nil 60 per share Aug 1 Aug 8 Bonus Issue of 1 for 3 Aug 4 AugO GI Holdings Rights Issue of 1 for 2 <& $1.90 per share NVA NYA Grand Central185 words
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Article525 1980-08-06 11 CATHERINE ONG - By CATHERINE ONG WITH the general improvement in most areas of its activities, United Engineers (UE) is now better placed to maintain consistent earnings. The engineering-based group yesterday released a set of creditable results which augurs well for the year ending Dec 31. Group pre-tax525 words
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Article, Illustration685 1980-08-06 11 wm SSKDSGL*. HOCK LOCK SIEW IT IS a tell-tale sign of the speculative nature of the market that some investors are still receiving dividends for shares they no longer own. This is particularly true of heavyweight stocks where payments of dividends are a relative pittance compared with theHOCK LOCK SIEW - 685 words
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Page 11 Advertisements
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Advertisement81 1980-08-06 11 NOTICE COMPANY FOR TAKEOVER Dealing in high quality jewellery. Retail outlet in Lucky Plaza on 3 3 lease. Shop fully fitted to high standard complete with safes and alarm system. Stock to retail value of $500,000. Authorised and paid-up capital of $500,000. Much scope for development both retail and wholesale.81 words
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Advertisement167 1980-08-06 11 B Boustead Goes with the Best After searching world-wide for a Skid-Steer Loader which combines a wide range with superior features, and is suitable for.the ASEAN market, Boustead Engineering is pleased to announce that it has been appointed Sole Distributor for the SPERRY NEW HOLLAND range of SKID-STEER LOADERS from167 words
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164 1980-08-06 12 AFP A SLACKENING of demand for natural rubber in the United States has grown into a minor slump on the Indonesian domestic rubber market, causing difficulties to rubber industries and growers, it was reported in Jakarta yesterday. The government and Indonesian banks should step inAFP - 164 words
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108 1980-08-06 12 AFP THE crisis in the British textile industry is likely to get worse, judging from the latest joint survey by the Confederation of British Industry (CBI) and the National Economic Development Office (Nedo). More closures and heavy redundancies in the manufacturing industry are indicatedAFP - 108 words
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Article414 1980-08-06 12 Reuter SCIENTISTS have invented a new form of natural rubber which is said to be cheaper and more versatile than comparable synthetic materials produced from petroleum. The new material, derived from natural rubber by a simple chemical process, is already being tested by tyre and shoe manufacturers,Reuter - 414 words
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214 1980-08-06 12 AFP THE EXPORT quota of non-banned species of timber logs will be increased by a third from the present 1.5 per cent to 2 per cent of total production, Malaysian Primary Industries Minister, Mr Paul Leong, said in Kuala Lumpur yesterday. The newAFP - 214 words
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Article163 1980-08-06 12 IT WILL be a keen contest between Malaysian Primary Industries Minister Datuk Paul Leong and Perak Executive Councillor Dr Lim Keng Yaik for the post of Gerakan president at the party's election next week end. The batle lines have been drawn and the first salvo of the163 words
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182 1980-08-06 12 Reuter THE Soviet Union seems ready to join the more radical members of the Organisation of Petroleum Exporting Countries (Opec) in seeking significantly higher prices for its exports of natural gas, according to oil industry sources in Vienna. They said the Soviet Union,Reuter - 182 words
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199 1980-08-06 12 Reuter INDONESIA, which is seeking an increase in European Economic Community quota for exports of Indonesian garments to Britain, yesterday promised a clampdown on "phoney label" clothes. The Ministry of Trade and Cooperatives' expert director, Mr P. Nainggo- lan, said any garments reexported from JakartaReuter - 199 words
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172 1980-08-06 12 Reuter VIETNAMESE-led troops in western Kampuchea have brought up reinforcements to help in their attack on a major base of guerillas loyal to the ousted Khmer Rouge regime near the Thai-Kampuchean border, Thai military sources said yesterday. They said at least two battalions of VietnameseReuter - 172 words
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184 1980-08-06 12 UPI JAPAN is expected to spell out this month a package of measures to bolster its economy. The measures may include a reduction in the official discount rate, financial sources said yesterday. The sources said the informal decision was reached byUPI - 184 words
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Article843 1980-08-06 12 LONDON, Tues. Government bonds were up to half-a-point lower at the official close, following UK banking figures which indicated that sterling M 3 could rise by 5 per cent, dealers said. Equities turned mixed after the news. At 3pm, the FT index was down 1.3 points at 482.1.843 words
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Page 12 Advertisements
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Advertisement191 1980-08-06 12 ADvatmamm Mother Gets Big Reward What kind of man gives his wife a vacuum cleaner for her birthday? asks an advertisement for gold jewellery. Well it looks as if Singaporean husbands have read it and are getting the message. A leading woman's magazine recently interviewed housewives to find out why191 words
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Advertisement113 1980-08-06 12 II II II II II II II II II II II I! u ii h ii n Hi II II I II t ii ii 111 l I < Easy going to the East coast U S. A We cover seven major East coast destinations. New York, Washington, Chicago, Boston,113 words
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Page 12 Miscellaneous
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Miscellaneous59 1980-08-06 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Partly cloudy. Report for 24 hears prior to 7.31 pail, on Aigast 5 at the airport. Maximum temperature 29.6 Associated humidity 67 Minimum temperature 23.8 Associated humidity 92 Hours of sunshine 1.75 Rainfall in millimetres Trace Total rainfall for the59 words
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SHIPPING TIMES
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PORTSIDES
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Article124 1980-08-06 13 AFP THE Philippine Maritime Industry Authority (Marina) has approved the construction of 62 ships in domestic shipyards during the first six months of 1980. The new vessels will be used to augment the domestic, overseas and fishing fleet of the local maritime industry whose yearly addition had beenAFP - 124 words
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Article106 1980-08-06 13 UPI THE accident on board the North Sea Alexander 1 Kielland oil rig, which flipped over killing 123 workers when one of its five pontoon legs snapped off, may have been caused by a hole in the structure. The investigating commission chairman Thor Haesheim saidUPI - 106 words
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Article61 1980-08-06 13 Reuter A DEEP recession which had dominated international shipping for six years now appeared to be easing, the General Council of British Shipping said in its annual report. "Things are better than they were a year ago and much better than two years ago,' it said, reporting thatReuter - 61 words
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Article, Illustration637 1980-08-06 13 LINDA CHEE - By LINDA CHEE SEMBAWANG Shipyard, basically a shiprepair company, will (or the first time lease its facilities to a shipbuilder for the construction of 19 high-speed patrol boats worth $8 million for the Singapore Marine Police. The marine design and engineering company, called Seaconstruct, will637 words
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Article643 1980-08-06 13 ShlppUg Uie Pa«e CM Adriatic IV 5 Afea VI 3 Afro-Eurasia vn 1 Alfred CT vm 2 All trans VI 5 Alpac VI 5 Anhsing vm 2 Angkutan VI 4 ANL i 1 APL m 4/5 Archipelego vn 2 Argentine IV 4 ASCL m 1 Asia Merchant643 words
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Article, Illustration194 1980-08-06 14 A SECOND 37-ton, "A" frame container vessel crane has been installed and is now operational at the Port of Richmond in California. The new crane will make it possible to almost double container loading and unloading rates, making ship turn-around times highly competitive with194 words
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Article231 1980-08-06 14 AP SEARCHERS have found oil slicks and debris believed to have come from a South Korean cargo ship which disappeared off the central Philippines at the peak of a powerful tropical typhoon last month. The Phillipines Rescue Coordination Centre chief, Mr Jaime Cruz, said the slicks,AP - 231 words
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Article975 1980-08-06 14 ARREST WARRANT ISSUED 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 premises975 words
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Article1460 1980-08-06 14 CHARTERING on Monday was mainly concentrated ia the North American grain sector where a 30,000 ton cargo was covered from the US Gulf to Holland at $17.50 fio for Aug which compares with recent businsss at $15 for cargoes of about 70,000 tons. The slightly lower level of1,460 words
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Article702 1980-08-06 15 AP SCOTLAND Yard issued warrants on Monday for the arrest of four men believed to be involved in the mysterious sinking off the west African coast of a giant oil tanker six months ago. The Yard named the four as Frederick Soudan, a Lebanese-born AmericanAP - 702 words
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288 1980-08-06 15 REGISTERED in Liberia, with offices in the Bahamas and actively traded on the over-the-counter market in New York, truly international Gotaas-Larsen Shipping Corporation is making London its second home. The shares were introduced to the London market by Hambros Bank and brokers Rowe and288 words
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Article, Illustration242 1980-08-06 15 THE 24,000 dwt Nedlloyd Moji, making her first voyage under Nedlloyd ownership, is now discharging 22,000 metric tons of bulk potash at Jurong Port. The multi-purpose vessel, formerly known as the Nortrans Egero, has been time-chartered to Bulk Cargo Carriers SA of Panama for the voyage from242 words
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Article538 1980-08-06 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Cherry Manis (0700) 28 Christian Maersk (after Nedlioyd Sinoutskerk) 1/2 Ever Grace (0700) 14 Equator II (0700) 23 Gerbera (ro/ro) (1900 after Yue Flower) 31/32 Gaiety (1830 hauls 13m west after Jamaica Farewell hauls) 35/36 Hoegti Cairn (after Pestovo shifts A Gaiety538 words
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2324 1980-08-06 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 of2,324 words
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Article168 1980-08-06 20 WS *81 Aug 26-29, Stafeftger, Norway. A confer■emce and exhibition on "Nprth Sea offshore technolCompotera and Shipping Sep 23, Lloyd's of London Press conference, Hamburg Plaza Hotel, Hamburg, West Germany. .International Symposium •ft Ship Operations Sep 23-25, The Maritime Association of New York, Downtown Athletic Club, New York168 words
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677 1980-08-06 20 AFP THE recovery in rates continued on the freight market last week, boosted by an increase in demand particularly from Japanese, Chinese and Soviet charterers. Due to the coal miners' strike in Australia's Queensland, the recent revival in coal activity in the NorthAFP - 677 words
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Article210 1980-08-06 20 AFP THE combination of overabundance of prompt tonnage availability and a low level of demand continued to depress the market last week. In the Gulf states, competition in the ULCC/VLCC classes has become particularly intense, with the few charterers looking' for cargoes finding themselves inundated withAFP - 210 words
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Article1629 1980-08-06 20 The leading shipping lines operating from local Crts and the agents who handle eargo bookings r them. A B Achlpeiego R T Transportation (S). Adriatic Container Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK/PN). Alr»-EirMii Liae Transgroup Pte Ltd (S). Alfred1,629 words
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Page 13 Advertisements
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Advertisement286 1980-08-06 13 Everett Lines fOt TH€ MOST fMQUINT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN •CHTTAGONG CALCUTTA CHALNA •RANGOON BUtNOS AIRES MANZANILLO ACAPULCO Everett Steamship Corpn. t/A Clifford Centre Singapore 1 Tel *****/9 36 Beach Street. Penang Rrn 36 103 OCBC Bldg Tel 21*41 3 Port Mang Agents SOCSHIP CO BHD Tet286 words
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Advertisement284 1980-08-06 13 SEALORDO UNITED ARAB SHIPPING CO(SAGj a ilal EXPRESS MULTI-PURPOSE SERVICES BN DURAD V.29 26/8 Mina Qaboos (5/9) Mina Al Fahal (10/9) Dubai (15/9) Kuwait (18/9) Damman (26/9) J 14/9 Dubai (25/9) Dammam (28/9) Kuwait (1/10) Doha (4/10) 9 Mina Qaboos (7/10) FULLY CONTAINERISED SERVICE Loading for 27/8 Dubai (6/9) Dammam284 words
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Advertisement16 1980-08-06 13 r I mm CONTAINER Schedules LONDON Freights SHIPB In Port SHIPPING List REGIONAL Weather SHIPPING Events16 words
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Advertisement744 1980-08-06 13 TRANS SIBERIAN EXPRESS SERVICE TO nlinMiU, Dii|lfU, vZtCnKIO VIKI3, Hunfary, Switudwd, Yujotiivii, Liomtef, riunQi rofcDQ, norwiji DWjWi'» Denmark, any central, east I south European 8-1, J nana pones. Enqurtev Integrated Agency Pte Ltd Td *****93/4 TU. RS ***** A/B MAERSK LINE EXPORT 1 TO U-S. PACIFIC. GULF. ATLANTIC, EAST CANADA744 words
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Page 14 Advertisements
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Advertisement574 1980-08-06 14 LEO SHIPPING PTE LTD SINGftPORt PERNAS MISC SHIPPING AGENCIES SDN BHD mrsfa PORT KELANG PENANG '/Me? Cwttaw Sotict Feeder •PKetang **4 B PWAGA 9/5 HOORK 8 DAHLIA 17/8 TOYAMA B PtNAGA 23/8 KOWtGAH B DAHLIA 31/8 WTLVCtA B PtNAGA 6/9 B PERMAI To EtMH HEAD OFFICE: WISMA MISC TEL: NO:574 words
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Advertisement339 1980-08-06 14 Bgs SUPERCARRIER SERVICE WEEKLYSERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA •10/1 *25/8 *10/9 rSTOK CM l>Mi Sm* CMi IknlM M 1711/8 17/9 H/S 24/9 25(9 un 23 n 2/10 1/10 1/10 10/10 12/10 17-11/5 17/10 22/10 24/10 25/10 27/10 St Ma H Orl IMm Rri* 3/10 4/10 9/10339 words
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Page 15 Advertisements
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Advertisement634 1980-08-06 15 Overseas M M m Containers \B Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok ca»»n«r source to uk/contmht: S'pere PJIaMt ffmrt Bra* Imm IN VA# 21 M Mn(M( Lqrtn 9A# 31 A# 2 Sap T*yalay 14 4# 2S# 4 Sep IMpM ley 20634 words
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Advertisement587 1980-08-06 15 NOTICE Cargo Space Available on barge/tug ex Singapore on/ about 20th August. Interested direction Philippines, Hongkong, Taiwan, Korea, Japan. Telephone: *****33. Franco Belgian Services LJLH: •I,' I A wmm t.mm uhn rtm itm* nkw rtm n« i»m itm unhr ph*< s>m icrnKGMKT I*l oa* 27 to, no* is* 2S*t 4587 words
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Page 16 Advertisements
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Advertisement638 1980-08-06 16 TO NXTH EUROPE Nnom| Upm> TeAye Bar lAwfMißir Hariwrg Eipmi 27/8 28/8 31/8 2/9 2/9 4/9 11/9 13/9 Pen Bilbao Genoa H burg B ha»en Rdam Antwerp 8/1 17/8 24/8 20/8 21/9 19/19 9/9 19/9 23/9 17/9 15/9 28/8 25/9 19/9 3/10 8/10 30/9 28/9 to usa/cahaoa (CARGO TO ATLANTIC638 words
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Advertisement543 1980-08-06 16 KOREA LINE SHIPPING CORPN P. K elanj PENANG VEGA 151W 18-22 Auf 23-25 Ai>{ 27-30 Au( FROM BUSAI BANGKOK VEGA 152E 18/22 Aug 23-25 Aug 27-30 Aug TO BUSAf ALTAR 155W 12-15 Sept 16 18 Sept 20-23 Sept FROM BUSAI BANGKOK ALTAIR 156E 12-15 Sept 16-18 Sept 20-23 Sept TO543 words
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Advertisement503 1980-08-06 16 EVERGREEN LINE r FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ACCEPTMG CARGO FOR HAMBURG FCLKSTOWC. ROTTERDAM ANTWERP IE HAVRE AISO ACCEPTWG CARGO FOR UNITED KINGDOM SOUTHAMPTON. LONDON. MANCHESTER. BIRMINGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BRfMfRHAVfN HOI LAND AMSTERDAM Haaftwf Ratted** Fafailm Mnp It Hawt (MiUcty 13 Ami S«p< 5503 words
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Advertisement837 1980-08-06 16 Everett Lines! Burmt Fiva Star Shippiit| Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON Spare Plate* Pana* HTOKYWA 12/14 M pacan 27/ a LOAOMG F« TOKOHAMA/NAGOTA/ OSAKA ROK ••ST TWOT 10/11 Up* t/9 Sapt B f S S C Aaents m Matoytw BCXJSTEAD SHPWNG ITL NOS KL *****2/*****9 JnLL* Compania Arpantina837 words
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Advertisement633 1980-08-06 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD g2l SANKYO LINE AUSTRALIA SERVICE Sim MM P Kaiang Lowing ta 10/11 tag 12/14 STB. MEL BANGLADESH SERVICE mivn ami* chttagom JAPAN/STRAITS SERVICE Sing apart P Ketone Pmi| BONMCA 10-11/8 1-9/1 SUNALKES 7-11/1 1213/1 SUCCESS M/S ki Port KID SMUT 9-10/1 74/1 YOSMUM MAW633 words
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Page 17 Advertisements
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Advertisement782 1980-08-06 17 L PIL GROUP EAST AFRICA/REDSEA SERVICE COLOMBO/NARACHI/P. GULF SERVICE KOTA AGUNG In Pt/8 Aug KOTA BERAN 30/3 Sep! ROTA SEJARAH 20/25 Aug Dubai Kuwait Karachi Karachi. Dubai. Kuwait Karachi KOTA SABAS KOTA RATU 20/25 Auf 6/10 Aug Dubai. Kuwait. Karachi Colombo. Karachi. Muscat SINGAPORE/CHITTAGONG/RANGOON/SERVICES Singapore 8/10 Aug Loading For: Chittagong.782 words
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Advertisement693 1980-08-06 17 R BEN ASIA CONTAINER SERVICI EXPRESS COOTMNER SERVICE STRAITS/TAIWAN/JAPAN BENBULK BULK SERVICE FOR TIMBER AND PLYWOOD S port P Mint Lm*| tar 29/23 tag 24/27 tag Lpooi/Npt Mm 11/12 29/1 Sept MM/Trieste Napies Sal* 21/1 Oct 2/5 Oct Lpoot Npt Rdm Amst* victoria an ALRTONA BB3IT BS33Z 12/16 Sap 25/2693 words
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Advertisement569 1980-08-06 17 I f V r Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE. TO MEP/UK/NC/SCAM (0M« SM» I OAH.U J/lk I OWK ti l I OMtM 15/1 I OMtM 29/1 I OMtM n/i Sport I)MNMa2)r«Mi 3HrM|4>C'M| 10 27/1 *1/5 rOTMM IS/I J/J W 4/f UMwa »/i ,f£ a~ wj w 1 —w569 words
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Advertisement614 1980-08-06 17 if ft y a l r< fil rJ BOUSTEAD SHIPPING AGENCIES BANK LINE FOR RFUNKJN I SOUTH AFRICA BEAVERBANK KUANTAN 21-23/8 SINGAPORE 24-28/8 cto Reunion 6/9 Durban 12/9 Capetown 19/9 Pt Eliz 17/9 (also accepting East London and Maputo cargo) 'i I i i; w T r V l t614 words
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Page 18 Advertisements
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Advertisement862 1980-08-06 18 EXPRESS CONTAINER SERVICES TO NORTH AMERICA tan* nmv nnt ivafaMi m rtqunl fry <***■ PwtaO. ta.| M Uml n ft M Ort.™ tetan. St Mr PMatapMa. tartafc. Baßsnar* SataMh. JactssMO. TO EUROPE S'pwe P Kdang I H»»fe Rdam H'bwrc Brem«fl A'tWfp N GASKET 9/8 10/8 78/8 29/8 2/9 3/9 5/9862 words
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Advertisement475 1980-08-06 18 m CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Lm*| tar: 10$ ANKLES. SAN FRANCISCO. SEATTLE, TACOMA, VANCOUVER B.C. Acceptm FCL/FCI Contvun P Kriani Smtapora 1 Anjttr, MAPMKtt 9 Sep 111*1 f Oct MM U Sep US# Oct AUSTRALIA EXPRESS CONTAINER SERVICE Acc#tt« ra/FCt CntMNH NEW ZEALAND SERVICE "VEHVA SANHSK MMMCHAL475 words
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Advertisement432 1980-08-06 18 SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 13 LINES) GENERAL *****1 114 IINESI TERMINAL Off ICE *****83 TELEX RS ***** RS ***** A/B CARSHIP CABLE CARGOSHIP £=a Kefliraal Container Linos WEEKLY CONTAINER SERVICE to/from BANGKOK MIX BOUNTY JUK BOUNTY MUX BOUNTY MIX BOUNTY MX432 words
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Advertisement568 1980-08-06 18 Bgranard lime INDEPENDENT A TTRACTIVE RA TES MEDITERRANEAN SEA SERVICE ALSO ACCEPTISG CONTAINER CARGO FCL OSLY FOR. PORT SAID, ALEXANDRIA, BEIRUT. LATTAKIA. U MAS SOL. ISTANBUL PIRAEUS Specially engaged agents A stevedores providing immediate discharge MAN SMS V.4M Ca«* Pert Satf. Mr* I LattaMa only STRAITS/EAST ASM SERVICE S'dot H568 words
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Advertisement573 1980-08-06 18 INTRASEA (PTE) LTD Fabe< House 234E OrcharQ Road SmgapoT 9 Telephone *****11 235-1057 t REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE MMNGEL PROSPERITY W S 'pv« f. Keteg Pan* far Ilk* 22Aag m (IVOR)/MM. cm *mt WTRASEA (PIE) LIS 2352C11 BOOKM *****57 Mpw YEO SNPffK TRAOM 4M444. 4M742, 4M47S mane573 words
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Page 19 Advertisements
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Advertisement667 1980-08-06 19 NOL NEPTUNE ORIENT UNES LTD TO EUROPE/UK (VIA SUEZ): N. GARNET C. PMJL TW BRDGE MERCATOR. Also accepting cargo to/from Scandinavia N GARNET S'pore Closing Times. FCL Cargo 1100 8/8 LCI Cargo 2300 7/8 FROM EUROPE (VIA SUEZ): Havre C. RO2E Sailed K. JACEWON Sailed HK CONTAMER Sailed 0. CHEF667 words
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Advertisement102 1980-08-06 19 'r\ r PERKAPALAN LAUTAN BIRU Regular Service to East Malaysia M ia Sfa'ion Shipping iM Sdn Bhd Port Hiang If I 3838 ;4;t 38 98b! Sf !AM« SHIPPING TRANSPORI BHD Pcnang *****; S p«>* Cava 0. car Shipping Pl* ltd !ci ?9??110 4 ?9M)!46 V° GARWARE SHIPPING COftPN. LTD. „>*,102 words
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Advertisement170 1980-08-06 19 *iv PERKAPALAN LAUTAN BIRU Regular Service to East Malaysia xty: Vessels S pore ETD P.Klang Loading for LAUTMOUA tafcrt H/hM LMJTM LMA (a FMJSA) hNrl K J/Katy ments: Gaya Ocean Shipping Pte. Ltd. 6810, Woh Hap Complex, (7th Floor) Beach Road, S'pore 0719. Tel: *****10 A *****46 4—_YEW LIAN SHIPPING170 words
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Page 20 Advertisements
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Advertisement493 1980-08-06 20 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG ALEXANDRIA SINGAPORE Sal 20 Oct 10 FROM EGYPT Ml II ACCEPTWG CARGO FOR BUSAN, MOl. KOBE, YOKOHAMA jgRGAPORf I N Shew Ltd 1401 5 Robrj House Shenton Way S*igapo»e 0106 Tli RS ***** TH *****11 Bkjs "***** *T>T MALAYSIA H.j H Sdn Bhd Kt493 words
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Advertisement477 1980-08-06 20 m FLORENZ ALFRED C. TOEPFER LINE REGULAR SERVICE TO MEOTERRMCMI PORTS OF ITALY, SPAM. FRANCE TIBER SERVICE Spore PKeUng Ldg 17 Aug 19 Aug La S 22/28 Aug Ldg For La Sputa. Livorno. Salerno Montalcone, Venice, Trieste SEA CONSORTIUM (PTE) L TO. SIN(,AP<i« HI ??J9033 !U «S ?110b SUB *&fNTS477 words
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Advertisement208 1980-08-06 20 NOTICES r— OFFICIAL NOTICE PROPOSAL TO CHANGE SHIPS NAME We, Yukon Marine Pte Ltd of 54 J&lan Benaan Kapal, Singapore 1439, hereby give notice that In consequence of our purchasing the vessel M.T. 'Peggy K* we have applied to the registrar of Singapore ships, under section 417 of the Merchant208 words
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Page 20 Miscellaneous
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Miscellaneous172 1980-08-06 20 n Regional Weather *> V N St u v. I fr* r > ft SI a !t! if b n Lll -is: SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. °C yA .cT" ®r» ui Wind direction with speed in knots Dew point C Wave height R Thunderstorm172 words
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