The Business Times, 3 January 1979
1979-01-03
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The Business Times
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Title Section9 1979-01-03 1 BUSINESS TIMES No. 141/1/79 WEDNESDAY, JANUARY 1,1171 50 CENTS9 words
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BRIEFLY...
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Article69 1979-01-03 1 Reuter MANILA, Tues.— Asean must take greater care against increased Soviet activity in the region while avoiding any particular leaning towards China, said Philippines Foreign Secretary Carlos P. Romulo. He believes the Soviets are seeking detente in Europe but elsewhere they "seize every opportunity to make political orReuter - 69 words
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Article75 1979-01-03 1 AFP KUWAIT, Tues Australia is developing close military relations with Israel following an agreement to buy Israeli-made weapons, the Kuwaiti newspaper A 1 Qabas reported today. The agreement, Israel's biggest arms export deal included the sale of seaplanes for coastal control and observation, it said. Together with JapanAFP - 75 words
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Article57 1979-01-03 1 AP MANILA, Tues.— A US Congressional delegation has asked the Asian Development Bank to undertake certain types of development projects in Asian countries that will help find "first havens" for Vietnam's boat people. It said that such projects also would provide Vietnamese refugees with an economic base priorAP - 57 words
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Article60 1979-01-03 1 AP MANILA, Tues.— Foreign Minister Carlos P. Romulo has expressed fears that South-east Asia's industrialisation may not materialise and the region will forever be a supplier of raw materials as a result of China-Japan relations and China's new diplomatic ties with the United States. Members of AseanAP - 60 words
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Article64 1979-01-03 1 LONDON, Tues. Britain's financial and business daily newspaper, the Financial Times, today launched a major bid to capture markets in Europe and the United States. The daily was last night printed for the first time in Frankfurt. The newspaper said this will enable it to reach readers much64 words
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Article54 1979-01-03 1 Reuter. JAKARTA, Tues. The Indonesian government has banned the import, sale and distribution of books, magazines, newspapers and brochures printed in Chinese, it was announced here today. Trade and Cooperatives Minister Radius Prawiro said the ban is to help "develop" Indonesian culture and to "nurture" unityReuter. - 54 words
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Article92 1979-01-03 1 AP NEW YORK, Tues.— The stock market was mixed this morning, beginning 1979 in a hesitant mood. The Dow Jones industrial average slipped 1.39 to 903.62 in the first half hour. But gainers took a 4-to-3 lead over losers in the early tally of New York Stock ExchangeAP - 92 words
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Chief Price Changes
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Article139 1979-01-03 1 Rises Most Active SUtn Klnta S T P 1875 aoo 700 50 10 0 S Darby 277,000 Magnum Corpn 358 H Par 142,000 C It C 515 +5 Consplant 80,000 Mslan Ctalners 175 +5 KL Kepong 72,000 Y H S Y H S Msia 320 208 4139 words
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Article, Illustration146 1979-01-03 1 Falls A Most Active A Amal 470 -10 Consplant 289.000 FE Le'ston 250 -10 S Darby 256,000 Glenealy 164 -08 HAL 58,000 Dunlop Ind 434 -08 K L Kepong 57.000 M Cement C A C 275 520 -05 -05 Total Turnover: 1.27m Total Value: MJ2.98m Rises Indices146 words
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Article815 1979-01-03 1 OUEK PECK LIM - MISINTERPRETATION OF LAWS By OUEK PECK LIM MISINTERPRETATION of cabinet decisions, laws and regulations has caused government departments to over-charge or levy wrong charges in a number of areas. The misdemeanours were revealed in a report released yesterday on the government and its various agencies815 words
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Article200 1979-01-03 1 THE NINE-man election committee of the Singapore Chinese Chamber of Commerce and Industry decided yesterday the number of seats to be allotted to the various dialect groups according to their membership ratio. The election committee, headed by incumbent president Mr Wee Cho Yaw and representatives from200 words
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675 1979-01-03 1 HONG Leong Finance (HLF) has returned to the fray with a substitute offer for Singapore Finance Ltd (SFL) which is good news for SFL shareholders but may require HLF holders to fork out more cash from their pockets. The document which accompanies675 words
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Article84 1979-01-03 1 THE US dollar took a severe beating to begin the New Year when markets opened for the first time in 1979 yesterday. It fell sharply in every market that was open. Gold price inched upward. Markets in Zurich and Tokyo were cloaed. Dealers in the others did84 words
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212 1979-01-03 1 A VEGETABLE ail nßmefy la Hinpirf to aeeka new thM sxMiitf vet. Ever riaec aa aiwrtw■cat appaarai k ike Strait* Ttmtm, the pe» lag gaaae has keaa the Meattty el the reeraltlag The")* la (er a aaa capable tt raaatag a212 words
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398 1979-01-03 1 GOH ENG KEE - By GOH ENG KEE DEMAND for Singapore's tugs and barges, which were largely unemployed a year ago, has picked up slightly in the last quarter of 1978 following the recent upturn in the offshore oil and timber industries. Shipping sources said yesterday398 words
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Article84 1979-01-03 1 TRADE ministers of Asian countries will hold a threeTiny wit— in Cram Jan IS to evolve a common position cm issues that will come up before the UN Conference on Trade and Development (Unctad) meeting in Manila in May known as "Unctad 5." wtr The trade ministers84 words
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Page 1 Advertisements
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Advertisement31 1979-01-03 1 whatever you need in menswear.get itat... MOHAN'S OEFT STORE (FTEJ LTD. 321 Orchard Road Ifei *****22 1 t a I intxx tOManopKi nowi Ifcmth ICT.TMHJin«MH*>U Caiitw 1M *****40 Daily -9am-9 pm31 words
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Advertisement44 1979-01-03 1 CITROEN CX 2400 PALLAS has proved to be such a cartough efficient elegant 10| > 7EII heorv nnc ncenciES pie. ltd I f\G > ft AC AP'.Rf BRUNEI AGENT RELIANCE DISTRIBUTORS ''44 B JALAN CHfcVA LI EH. BANDAR SERi H( GAW A N BRUNEI TEL *****44 words
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Advertisement10 1979-01-03 1 E SHIPPING TIMES TTT .'it". 1 V A'J fi 110 words
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Advertisement216 1979-01-03 1 ROYAL SPORTING HOUSE RH ITD 201 High SbwCtmr* Smgepwet T* 2eegeS3«2eWS« Leader ...page f The Editor 4C—a robust. yet very elegant machine. The heavy-duty Editor 4C is built for continuous use This is a very tough, fast typewriter that'is easy and reliable to operate. It's trouble free. And it doesn't216 words
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TRADE AND INDUSTRY
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Article, Illustration644 1979-01-03 2 WESTON Electronics Pte. Ltd., a locally incorporated subsidiary of an Australian company, Weston Electronics Company, plans to double the production of its newly designed VHF/FM mobile transceivers from 500 to 1,000 sets, per month this year. The model 331 VHF/FM mobile transceiver is the644 words
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412 1979-01-03 2 WANG LOOK KEAH - By WANG LOOK KEAH THE ECONOMIC Development Board's move to get local industrialists to participate in the technology exchange fair, TechEx '79, has not met with very good response. The board will decide by this week whether or not to send a mission412 words
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Article77 1979-01-03 2 THE DEPARTMENT of Extramural Studies of the University of Singapore will hold a 10-lecture course on "Inventory Control and Cost Reduction" from Jan 15. Lectures will be held every Monday and Wednesday from 7.30 p.m. to 9.30 Bin. The lecturer will be r. V. Navaratnam, senior77 words
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496 1979-01-03 2 TSANG SAU YIN - By TSANG SAU YIN A family firm of furniture dealers and manufacturers is taking its first step into the world of mass production. The company, Hup Cheong, has set aside an estimated H million for the increasing operating costs and for new machinery496 words
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98 1979-01-03 2 THE PHILIPPINE Cities Service consortium is moving a drilling rig Ron Tappmeyer to the Nido area, the Philippines' first offshore oil production area, and will begin production development drilling by end of the week, Manila's Energy Ministry announced yesterday. The rig has Just temporarily98 words
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Article59 1979-01-03 2 MALAYSIAN Deputy Trade and Industry Minister Lew Sip Hon said the proposed code of conduct for international trade being formulated by the United Nations Conference on Trade and Development (Unctad) would benefit developing countries such as Malaysia. Opening the Malaysian national seminar on Unctad's fifth meeting, Mr. Lew said59 words
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Article, Illustration297 1979-01-03 2 EUROPEAN Asian Bank has appointed Mr. P. J. A. Brawn as general manager for Singapore effective this year. Mr Brown who is on secondment from MirfUnH Bank, has been Singapore manager since August, 1976 The Hamburg-based bank also announced the appointment of Mr T. IL Weyit as297 words
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Article87 1979-01-03 2 THE JAPANESE government has come up with an Idea to ship large aircraft to the United States without enraging American congii—iinn bitterly critical at Imparts of Japanese cars, colour Ideeirton sets and moat other consumer goods. The government is planning to buy airliners tram the87 words
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46 1979-01-03 2 THE BINGAPOBE Cklaeae Cktaker at C«BSn/iS* ha^Bnr'bM b Tka Unetmry, MBagaal eaaplkHM at tfca Eirtlcilan at the ktnker'i ■•■ken, etvcri 114 mmmhW M tea priiapti mmi atntoiUnli pwHt iaeal »ad faretga kaal> ■aaaaiaa Marated t ™Tha *(2u2?s*il'e*. kw, guwitwmiw* argaalJayMaHllafte?""46 words
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Article47 1979-01-03 2 NORSK Hydro aid in Oslo it has woo a contract to deliver a fertiliser plant with an annual capacity of 3,000 tonnes to China's National Technological Import Corporation. Hydro's Japanese partner, Toyo Engineering, will be the main contractor for construction of the plant. Reuter47 words
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Article, Illustration561 1979-01-03 3 AFP. JAPAN'S automobile exports will drop by 4 per cent this year, but the total production of Japanese car manufacturers is expected to stay unchanged due to an increase in domestic sales. According to a projection for the new year released by theAFP. - 561 words
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Article91 1979-01-03 3 UPI. JAPAN has agreed to provide a 10.8 billion-yen (S$L2O million) loan to Bolivia to help expand an airport, the Tokyo Foreign Ministry announced. The loan agreement was signed in La Paz last Wednesday by Ambassador Eikichi Hayashiya and Bolivian Foreign Minister Raul Botelho Gonzalves. TheUPI. - 91 words
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290 1979-01-03 3 THE AUSTRALIA and New Zealand Banking Group Ltd. said its seasonally corrected index of Australian factory production, including power, was unchanged at 162 (base 1963/64) for the fourth successive month in October, after revisions for July to September inclusive, from 161. A year earlier, the290 words
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Article380 1979-01-03 3 COURSES AND TALKS Nov 6-Jan 27: Life insurance agents certificate course (English and Chinese), STTC, srrc Jan 6: Dynamics of communication and growth workshop, Hyatt Hotel, Dr Dale Bailey Jan 6, 13 6 20: The Effective Secretary, SIM conference room, Mr Tan Teck Huat Jan 8-19: Personal and380 words
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597 1979-01-03 3 ONLY machines and equipment imported for use in new plants or the promotion of existing ones qualify for tax exemption under the Malaysian government's incentive scheme for the promotion of industrialisation. Machinery required merely for the replacement of existing installations will not be597 words
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237 1979-01-03 3 Reuter, AFP. THE PHILIPPINES is expected to show a trade deficit of US$l.42 billion (5J3.12 billion) last year, more than double 1977's $686 million, Central Bank Governor Gregorio Licaros said in a year-end report. The overall balance of payments position will produce aReuter,; AFP. - 237 words
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Article54 1979-01-03 3 THE Malaysian Ministry of Housing and Local Government is to introduce general guidelines for housing development in the country soon, its secretary-general Encik Yahaya bin Abdul Wahab said yesterday. This was necessary in view of the numerous housing projects mushrooming everywhere and also public outcries that developers54 words
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469 1979-01-03 3 MOST Malaysian textile manufacturing companies have received enough orders to keep their mills working at high capacity up to April in the new year. This reflects an improvement in the position of the induustry since last year when the trend towards increasing469 words
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123 1979-01-03 3 AP. SOUTH Korea's customs clearance trade deficit more than tripled last year to US$2.5 billion (5J5.5 billion) from the previous year's $770 million, according to preliminary official statistics. Korean exports last year were listed as $12.5 billion, up 25 per cent from theAP. - 123 words
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482 1979-01-03 3 UPI. MAJOR department stores In Taipeh reported record crowds and sales during the New Year holidays as Taiwanese pushed aside (ears (or an uncertain future following the start of diplomatic ties between Washington and Peking. People Jammed large restaurants in taipeh and other major citiesUPI. - 482 words
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Page 2 Advertisements
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Advertisement201 1979-01-03 2 iw The NEW C\f€CD ILLUSTRATED DICIICNACy 1978 MF AAC IL\ \jLV 11 B /.VM "I MAS s>~ Hii" \i\S w'l—~kl' *~;:s "\~Z w r\^. >=^ in Two Volumes Here it is Oxford celebrates its Quincentenary Year (1478 1978) with the publication of THE NEW OXFORD ILLUSTRATED DICTIONARY. The NeW Oxford201 words
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Page 2 Miscellaneous
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Miscellaneous582 1979-01-03 2 CRYPTIC PUZZLE ACROSS 1 Keeps old retainer* (I) 7 He may pass on what he knows (8) t Sam East han't changed Mt (4) 10 Scratch player (6) 11 To cane poasiNy, without delay (2, 4) 14 It- swtms back to shelter 16 Down-tom-th cads (5) 17 S. African brandy582 words
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Page 3 Advertisements
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Advertisement732 1979-01-03 3 See a hundred different countries on one Card The American Express Card is the world's most respected and most prestigeous travel and entertainment card. The Card is your best introduction to hundreds of thousands of establishments around the world. Wherever presented, the American Express Card signifies that the Cardmember is732 words
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RAW MATERIALS
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Article195 1979-01-03 4 Reuter The market in Singapore closed quietly lower with Jan 1 RSS buyers quoted at 234.50 cents a kilo, down 1.75 cents from last Friday's close, dealers said. Prices fell 1.75 cents dur-" ing the morning session on easier London advices in quiet trading, they said.Reuter - 195 words
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Article29 1979-01-03 4 Rubber: Jan 2 Singapore: January: 294.50 cents (down 1.75 cents) Malaysia: January: 239.00 (down 1.50 cent) Tin: $1,820 (down $2) Official offering: 240 tonnes (down 38 tonnes)29 words
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Article61 1979-01-03 4 CHINA has so far verified deposits of copper amounting to more than eight million tonnes at the Tehsing field in the northeastern part of Kiangsi province. The New China News Agency said copper mines at Tunchang, Fuchiawu and Chushahung—all on the tehsing field—had been established in the 1960'5, and61 words
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Article356 1979-01-03 4 Prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f o b 233.75 234.75N 234.00 235.00M Inc. 1 R.S.S. Jan < 234.25 234.75 234.50 235.00 Int. 1 RSS Feb 238.25 236.75 236.50 237.00 Int. 2 R.S.S. 233.00356 words
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Article90 1979-01-03 4 NOON SSR and SMR prices yesterday HAS JaiHijr (Caireat Mtk) ■■yen Setters r <*■« —r Mnarjr -wart Mtfc) an Setten SSR 20 SSR SO mbvij (1-ton pallet) (1-ton pallet) 234 00 231.00 pee 236 00N 233.00N 234.50 236*50N 231.50 233.S0N SMRSCV SMRSL SMR S SMR 10 SMR90 words
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Article183 1979-01-03 4 BANGKOK rice prices were quoted as follows yesterday: (In US dollars per tour F.OB basis Bangkok) WMte flea: 100 pet Ist class 330. 100 pet 2nd class 3®, 100 pet 3rd class 300. 5 pet 2*2, 10 pet 272,15 pet 387. 30 pet 385. 25 pet 382, 35 pet183 words
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Article86 1979-01-03 4 ON THE London coffee market yesterday, Robusta futures ended the opening call "steady", £13 up to £3 down from Friday's close. Turnover was 118 lots. March ended the call £2 up at £1,321, having traded within a range of £1,325 to £1,317. Spot Jan gain«l £13 while new Jan86 words
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Article95 1979-01-03 4 Reuter RAW futures at end morning were £0.55 to £0.70 a tonne down in a turnover of 193 lots. The market remained quiet with prices easing slightly under scattered selling which found buyers reserved. White sugar futures were featureless with buyers and sellers wide apart. The London daily rawsReuter - 95 words
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Article126 1979-01-03 4 Reuter COCOA futures were £24 to £12 a tonne down in a turnover of 1,547 lots. After a quiet opening the market eased quite sharply as commission bouse and local selling and long liquidation found buying resistance rather thin. The traded from a high of £2,007 a tonne downReuter - 126 words
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Article52 1979-01-03 4 SILVER finished the morning session in London yesterday 0.5 to 0.1 pence lower. Initial pre-market values were marked down reflecting the firmer trend in sterling. Subsequently prices steadied, aided by light covering prompted by higher gold with the bullion dealers' fix providing additional support. Turnover of 54 lots was52 words
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Article94 1979-01-03 4 Reuter COPPER wirebnrs finished the morning down with £15 for carii and £1 fori three months. The early pre-mar-ket was steady, reflecting the New York tone and a modest fall in stocks although the further strength in pound against the US dollar had a leali a faring influence. FreerReuter - 94 words
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Article98 1979-01-03 4 LEAD finished the morning session in London yesterday £14 higher for cash and £6.75 for Three Months. Cash traded up to a new record high at £460 per tonne during kerb dealings while Three Months reached £422.5.Vvalues forged ahead on shortcovering and speculative buying prompted by reports of Soviet98 words
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Article50 1979-01-03 4 Reuter Zinc finished the morning down to £2 far cash and £1.75 for three months. This market was quiet and values slipped back from steadier pre-market levels udder scattered liquidation and the Contango widened to £9.75 compared with £8.75 on last Friday. Sales of tonnes were mainly carries. ReuterReuter - 50 words
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Article189 1979-01-03 4 Reuter THE STRAITS tin price in Penang eased Ms 2 to $1,820, $120 above the International Tin Agreement Ceiling, dealers said. A large accumulation of tin concentrates during the long weekend has eased the market slightly and dealers are awaiting the London market reaction However, some active cheap buyingReuter - 189 words
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Article54 1979-01-03 4 Reuter ALUMINIUM fell by £4J for cash and £2.5 for threemonth. Confirmation of an LME stock of 3,075-ton at the end of last week sufficed to narrow the backwardation to around £13 for £4 on Friday last. This, in turn, prompted light selling in three-month. The turnover of 450-tonReuter - 54 words
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726 1979-01-03 4 Reuter BACKED by research scientists, sugar cane farmers in Barbados are hoping to keep at bay a fungus disease that could seriously damage their crops, bringing economic ruin. So far, Barbados has been free of ttwcrop disease called smut but it has been advancing in theReuter - 726 words
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Article185 1979-01-03 4 THE Singapore produce exchange started the new year on a very quiet note yesterday with prices still unchanged. Dealers had very few comments to make as there was practically no trading during the day. Generally they said that conditions would continue unchanged for at least the next week185 words
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Article343 1979-01-03 4 TRADING in sugar futures remained dull yesterday on continued lack of interest, with turnover falling to the previous record low of one lot from five on Friday, dealers said. Nearby March closed at 8.50/90 US cents against Friday's 7.99/8.85 close and May at 8.62/92 against 8.20/ 9.00, while343 words
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Article276 1979-01-03 4 THE Singapore gold futures market yesterday closed firm in quiet trading, dealers said. Opening quotations were marked up between US$2.4O to $3.50 an ounce, reflecting higher overseas gold prices and the weaker US dollar. Thereafter the market narrowly. However, turnover rose to 36 'lots from 16 lots last Friday.276 words
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Article231 1979-01-03 4 Reuter THE AGRICULTURE department plans to give Taiwan formal assurances that the US will remain a reliable grain and soybean supplier, despite the termination of diplomatic relations on Jan 1. Department officials said USDA received a cable on Friday from the US agricultural attach in Taiwan, saying theReuter - 231 words
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900 1979-01-03 4 Financial Times IT IS only four years since the price of sugar was £650 a tonne, but it must seem like a lifetime ago for the world's desperate sugar farmers, who in recent months have been faced with price levels below £100 aFinancial Times - 900 words
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Article143 1979-01-03 4 ZAMBIA will continue to press for copper to be included in the "Stabex" export earnings stabilisation scheme in the successor to the Lome convention, Zambia's Mines Minister Mr. James Mapoma saktin Lusaka on Friday. Mr. Mapoma told reporters on his return from a ministerial conference in Brussels that143 words
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MONEY AND EXCHANGE$
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Article355 1979-01-03 4 The US dollar was sold down on foreign exchange markets yesterday as dealers opened trading positions for the new year. Opening at 193.6080 against the Japanese yen, the dollar was trimmed gradually to as low as 152.5060 during the early hours of London trading. The dollar also lost355 words
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Article163 1979-01-03 4 Asian rates ASIAN currency deposit Interbank rates as at close on Jan 2 U8 DalUrs(W) Offer B»J 7 days 10'. 10* 1 month 11<« 11 2 months 11'« U'« 3 months 11 ll'« Smooths 12'» 12'• 0 months 12'• 12 12 months 12'• 12 1 month 3 months 6 months163 words
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Article46 1979-01-03 4 Rt*|( of prices offend by ditcouat k««Mi oa Ju k Overmigkt 4'.% Call depoaiU 4'.* CMh Bayiaf Selliac 3 month Treasury bills 4'» 4 3 month Bank bills 7>. T> 3 month CD 11/14 IS/14 4 month CD 1»« I't Source: National Discount Co Ltd.46 words
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Article21 1979-01-03 4 THE average rate at which Singapore bank* are eurreatly prepared to lead to their beet customers is 7.5 per ceat.21 words
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Article281 1979-01-03 4 THE dollar yesterday recovered from its opening lows here, but remained under pressure, largely because of the continuing political crisis in Iran, dealers said. Uncertainty over the future of the European Monetary System, originally scheduled to start on Monday, was also unsettling the dollar. The dollar opened at 1.8035/50281 words
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Article309 1979-01-03 4 THE dollar was fairly steady in moderate late trading here, but sharply below Friday's closing levels in New York. Nervousness over the political situation in Iran, as well as fears the failure of the European Monetary system to come into operation yesterday as originally planned may increase preawre on309 words
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Article32 1979-01-03 4 AUSTRALIA/NZ exchanges quotes yesterday: US dottu- l tsx n«o Sterling 0 -MM U» Matty**, air awl] bujrtng rHM: Slnitec US doU»r 1.1*1 Ntotty-day forward bujiag rain: Sttrttaf 057M US dollar 1.1SB32 words
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Article39 1979-01-03 4 FRANKFURT exchanges opening quotes yesterday: US I MS SB Can 151* 1 573» doeuj Str 112* Lit 2. IB m Fir 43 S3 71 Nkr*J5« Mr (CM) UN M Bfr (Ob) t 214 2M y«« o taa it39 words
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Page 4 Advertisements
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Advertisement100 1979-01-03 4 1 -e^/^JV j« A '•jtM] 4> *3* J A r~ a «s<«ic- ■»*<?>■ ---'.w.^,_ |L DURING THE FESTIVE PERIOD... shop "22? CASH maximise Olte^^opteasure. mmmmrn This Scheme enables you to buy anything anytime without having to worry about having cash on you. All you have to do is just sign100 words
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OVERSEAS
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449 1979-01-03 5 THE UNITED STATES enters the new year with the fundamental problems of the economy still unaddressed. To gain a perspective on the dimensions of these problems, it is worthwhile to sketch briefly what; took place during 1978 in the financial markets449 words
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368 1979-01-03 5 Reuter THE 14.5 per cent increase in world oil prices announced by Opec is regarded by Wall Street analysts as a mixed blessing (or petrochemical manufacturers, long burdened with rising rawj material costs and a difficulty in passing along the costs toReuter - 368 words
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Article785 1979-01-03 5 Reuter THE COMMON Market enters 1979 with old national interests frustrating a new monetary system that should have made a brave start to an important year. The coming year will see the first direct elections to the European Parliament on June 7-10, and the. startReuter - 785 words
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946 1979-01-03 5 Washington Star. When President Carter unveils his budget next month, it will reveal that Mr James Talmadge Mclntyre Jr. has emerged from the long shadow of Mr Bert Lance to become one of the strongest members of the Cabinet. Despite years of working with theWashington Star. - 946 words
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WORLD IN BRIEF
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Article523 1979-01-03 5 Agencies AN EPIDEMIC of jokes about China is sweeping Moscow, a sure sign that this is one subject the Russians are taking very seriously. US-Chinese diplomatic relations, Peking's new foreign policy initiatives and particularly its worldwide shopping spree for modern arms have been widely publicised in theAgencies - 523 words
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296 1979-01-03 5 NYT. IN HIS FINAL report after 24 years as New York State's comptroller, Mr Arthur Levitt issued stern warnings over the weekend about the condition of the state's finances, and called for the restructuring of its entire system of financing publicNYT. - 296 words
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Article73 1979-01-03 5 AMERICANS may soon find themselves paying more for their groceries and for a reason that promises trouble for President Carter. Beginning today, the US import duty on French Roquefort cheese. Dutch canned ham and Danish butter cookies will go up by US cents X.6 a pound (0.4573 words
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163 1979-01-03 5 Reuter. REAL GROWTH in Canada's gross national product is expected to be 3.1 per cent this year, down from the 3.4 per cent forecast for 1978, Toronto Dominion Bank said in its latest quarterly economic forecast. The bank said business investment will beReuter. - 163 words
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Article676 1979-01-03 5 ARRIVALS Scrriee Local Operator Nnkti The Froa TMA TL375 0630 BEY/DXB/ BOM KUL MAS MH60T 0845 KUL MAS MH671 QM5 PEN/KUL CPA CX710 1005 HLP GIA GA980 1030 HLP THAI TG423 ICS BKK SIA SQI03 IOC KUL S1A SQ209 106 HLP MAS MH605 106 KUL THAI von676 words
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Page 5 Advertisements
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Advertisement127 1979-01-03 5 0 Strength and quality Australian building materials are available to exact specifications and are made to the highest standards of quality. The range is a vast one and includes structural steel, hardboards, cast-iron pipe fittings, all kinds of insulation, aluminium framed doors and windows, louvres, kitchen and bathroom fittings, welders,127 words
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357 1979-01-03 6 AS FAR BACK as a year ago, the Auditor General in his annual report to Parliament was already sounding the complaint that his department was under-staffed (or the t«gk at hand. This year's report makes the same complaint. Considering the valuable work the department357 words
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Article233 1979-01-03 6 AT LAST, evidence that the tug and barge industry may be heading for better times. It has had its share of bad times, hit both by restricted access into Indonesian waters and a dwindling West Asian market. But Singapore's operators, though naturally relieved by233 words
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2794 1979-01-03 6 AWTHER SINGH - THE LAW AND THE COMPANY DIRECTOR WHAT are the .liabilities of a director when things go wrong? Is he fully answerable for mistakes made by his deputy or should he be excused for having taken reasonable care in his duties by discharging2,794 words
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Page 6 Advertisements
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Advertisement284 1979-01-03 6 No dinner is complete without a White Label Aaodicr quality prodmi from I Getaway to Sentosa For a fun-filled X'mas New Year holiday package Do something completely different this year. Pack up your bags and take off to Sentosa. Then enjoy 3 days and 2 nights of fun and excitement284 words
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Page 6 Miscellaneous
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Miscellaneous59 1979-01-03 6 IWEAT-HERI Outlook for Singapore from 6 a.m. to noon today: Occasional showers. Report tor 24 hears prter to Ml p.m. m Jm 2 at the airport: Maximum temperature 27.5 Associated humidity 87 Minimum temperature 23.1C Associated humidity 97 Hours of sunshine 0.15 Rainfall in millimetres..... 22.1 Total rainfall,, for the59 words
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Miscellaneous282 1979-01-03 6 T.VKJR'A'D'IO SINGAPORE 5 PM Opening followed by The Beverly Hillbillies The Girls From Grum (Repeat)* Diary of Events (Malay)* Bonanza He Was Only Seven* Intermission Opening followed by Petticoat Junction Betty Jo's Business (Repeat—Last Episode)* News in Brief* Timang Tinggi Tinggi (Malay—Repeat)* Nuclear Countdown* News, Addenda To The President's Speech282 words
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Article, Illustration758 1979-01-03 7 JOHN TAN - By JOHN TAN INDUSTRIAL PRODUCTION in the third-quarter of last year continued to expand steadily in the wake of strength in the three main manufacturing industries. Petroleum refining, shipbuilding and the electronics industry all maintained their upward momentum in the last quarter, helping to overcome758 words
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Article410 1979-01-03 7 AFP LOCAL BUSINESS and financial leaders have expressed cautious optimism about Hongkong's economic prospects next year. The two most positive factors regarded as having beneficial implications for Hongkong and the rest of the world are the normalisation of relations between China and the US and China'sAFP - 410 words
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315 1979-01-03 7 letter to the Editor I REFER TO the MMueemMt la the Straits Times (Dee. 11, 1178) stattag that aa agreement has heea reached hetweea the Uatted Overseas Bank aad Asia Commercial BsaHag CsrpsrsHsa far the Issae by ACBC sf 7.5 million bow315 words
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Article286 1979-01-03 7 A MIDDLE-AGED man, shopping in the expensive section of a local departmental store, picked up a pricey shirt and asked the salesgirl if a discount was possible. "Do you have a VIP card?" she asked. Looking appalled, he quickly replied, "My dear young lady, if I286 words
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Article1019 1979-01-03 7 Leonard Silk - FOBOMi ...with Leonard Silk NYT THE MOST important economic event of the past year was the decisive turning point in American policy on the dollar, which the US took on Nov. 1 in the midst of a developing panic in the foreign exchange and stock markets.NYT - 1,019 words
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Page 7 Advertisements
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Advertisement365 1979-01-03 7 4 r -Sc: *r V I up your life at Vanda l\< Itlljl.lfll* !K"V\|\ Hl* .Ilex! VimLl Kl! vl\ U >) l> .U»! U'»h) i (HtT> Nit. .ill Ht. w ltln*l! < It K-t torjy&Davkl lomhii l.iMHiriU' mn*-st I l.i|>j>\ I kail's If* WD >|UII ■I I iilsxmll! Singapore Jjpft365 words
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Page 7 Miscellaneous
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Miscellaneous64 1979-01-03 7 BliStcW :fiankDictens SOE. PROPn THIS x LCTTO? Nfou'U SI eycose me.sis— |&e SCHOOL DBV»P &OGG>S »S MG^E:.. pihp N/ou ve ser yoofc ON U)ORY<\NG vjJ\TH "WG fcgszsj Ofi3fV4\S>PiTo4.. FeuD^.... TY^P*&ejv>€_NT Possibly? P^CX^IMIS-TRBTON 9 Good vord 1 u)€JJ-,DftOP us pv lhjc u)HGH iou l£F*C SCHOOL P*JD U)CLI-Ses. UJC CP*K VPo i64 words
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1199 1979-01-03 8 NYT v WALL STREET is learning La trick or two from Hershey Foods. Like other big buyers at commodities, Hershey, the "huge chocolate producer, -usually shields itself from f price fluctuations in cocoa beans and sugar by buying and selling futures contracts InNYT - 1,199 words
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Article485 1979-01-03 8 NYT ificf ScSE^SSr 5 ■teek market drrltai «f IfTS-IVM, acrwdlag Ifc# Trede report! Bwtan «j M ttb year's seUlag sarge Hw almd rtaiM la the mmnlsrjMag wttk the rapid decllae Oetaber. l !l 11 ftl,,lfc i< ce <fce Its Nev. 1 package, feretga activity kw MmplyNYT - 485 words
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912 1979-01-03 8 NYT WITH US consumer prices continuing to soar at dlscouragingly fast rates, investors especially retirees often need to squeeze every last penny of income from their savings. Investing in American government-guaranteed loans may be a way to do it. These little-known investments are sold nowNYT - 912 words
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Article301 1979-01-03 8 Reuter. A BRUISED and battered New York stock market, which had 100 points chopped off the Dow Jones industrial average in the fourth quarter of this year, enters 1979 with a variety of headaches. Foremast are' forecasts of a possible economic recession, skyrocketing interest rates, and theReuter. - 301 words
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619 1979-01-03 8 THOUGH the stock market generally is a disaster area, American shareholders are plowing cash back into automatic dividend reinvestment plans as if they have never heard of the Dow Jones averages. American Telephone and Telegraph stockholders, for example, will have recycled about US$BOO million in619 words
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INTERNATIONAL STOCKS MARKETS
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Article372 1979-01-03 8 Source: SHK Sec Ltd THE FIRST trading day of 1979 almost passed without any sign at investors as turnover dropped to early 1978 levels. Blue chips were a shade lower where changed and most window-dressed" shares lost last week's gains. There was little activity. Property shares were weakest followingSource: SHK Sec Ltd - 372 words
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Article418 1979-01-03 8 MINING STOCKS, especially oils and diamonds, led a much stronger market on the first trading day at 1979, dealers said. Investors were following a number of pre-New Year forecasts of a bright outlook for 1979, while oil stocks and speculation on diamond explorers gave the market a further boost.418 words
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Article280 1979-01-03 8 THE MARKET closed mixed yesterday in slow trading, dealers said. AmOng gainers. First Trust and Asia Credit rase 14 baht each to 518 and 478 respectively while Union Bank at Thailand gained to 379, Vidhayakotn to M and Mah Boonkrong Drying and Silo 24 to HO. Among losers, Thai280 words
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Article160 1979-01-03 8 THE MARKET yesterday closed mixed with minings and oils pasting gains while commercials declined, dealers said. Turnover Ml sharply to 18.4 million pesos from Friday's 28.7 million. Gainer* were Marinduque B, Phile* B, Basic Petroleum, Oriental B, Pioneer, BF Goodrich and San Miguel B while losers were Lepanto B,160 words
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Article58 1979-01-03 8 FINANCIAL TIMES INDUSTRIALS Monday closed Friday 47M Week Ago closed DOW JONB8AVERAGE INDUSTRIALS Monday clossd Friday K641 Week a|o closed LONDON DOLLAR PREMIUM Monday clossd Friday SI 1 to 81 v, HJLHANC SENG 4KL83 Monday clossd Week aio rinsed 8YDNEY INDUSTRIALS Tuesday 460)8 Monday closedWsek aao clossd ALL58 words
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Page 8 Advertisements
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Advertisement272 1979-01-03 8 What do these newspapers, magazines and press agencies all have in common? Financial Times, London The Washington Post, Washington D.C. Sinar Harapan, Jakarta The Associated Press, New York Far Eastern Economic Review, Hong Kong The Straits Times, Singapore Reuters, London The Star, Kuala Lumpur Tass, Moscow The Nihon Keizai Shimbun,272 words
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INTERNATIONAL COMPANY NEWS
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Article75 1979-01-03 9 Reuter TORAY Industries has signed a basic agreement on licensing Union Carbide Corp of the US to produce carbon fibre, industry sources said. The Japanese synthetic textile manufacturer declined to comment before an official announcement expected soon. The fibre, light in weight, strong in tenacityReuter - 75 words
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Article87 1979-01-03 9 Reuter WINSOR Industrial Corp has reported group net profit for the six months ended Sept 30 of HK545.14 million ($29.5 million) before extraordinary profit $5.05 million (nil). Interim dividend 10 cents (nine) on capital increased by one-for-10 share issue.. Books will close on Feb 6 toReuter - 87 words
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1437 1979-01-03 9 ASIAN NYT THE quiet, silver-haired executive leaned back in his chair, his hands placed squarely on its arms. "We are the number one broker in the world," said Mr Kiichiro Kitaura. Two months ago Mr Kitaura was named chairman of Ndmura Securities, theNYT - 1,437 words
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372 1979-01-03 9 N. AMERICAN L i NYT CHRYSLER Corporation, the third biggest American car manufacturer, has announced price increases averaging 1.2 per cent, or US3BS, on its 1979 cars. Only the subcompact twin cars, Omni and Horizon, are excluded from the price rise, the company said.NYT - 372 words
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Article288 1979-01-03 9 NYT IN A surprise statement, Macmillan Bloedel Ltd and Domtar Inc, the Canadian forest product giants that had been battling to take over each other, have announced they would both drop these efforts immediately. In a terse, one sentence statement by Macmillan and Domtar issued throughNYT - 288 words
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190 1979-01-03 9 SANDOZ Inc, the largest US subsidiary of Sandoz AG, expects its 1979 turnover to show a 10 per cent rise the same as for 1978 when turnover increased to an estimated US$2BO million, Mr Albert Frey, president and chief executive officer of Sandoz Inc said.190 words
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692 1979-01-03 9 NYT WHEN the Borg Warner Corporation, the US$2 billion producer of auto parts, announced that it was acquiring Baker Industries back in 1977, there were those in Wall Street who seriously questioned the wisdom of the deal. Borg Warner had agreedNYT - 692 words
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Article1037 1979-01-03 9 NYT TWO years ago, Cabot, Cabot and Forbes, the Boston real-estate development company, was US$l5O million in debt. Stuck with numerous land holdings bringing in no money, the old-line concern seemed about to collapse into the mud of undeveloped lots and vacant properties. "Cabot looked like itNYT - 1,037 words
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Article524 1979-01-03 9 EUROPEAN A GKN IS embarking on a major European expansion of the pallet pooling system which It has buflt up in the UK under the GKN Chep title. Its partners in the European programme are Brambles Industries, the Australian company with which GKN set up524 words
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198 1979-01-03 9 Reuter SWISSAIR Schweizerische Luftverkehr AG expects earnings to decline further this year, president Armin Baltensweiler said in a speech'carried in the company's staff newspaper. This year's profits were nearly seven per cent lower than the exceptionally good results for 1977, when a record netReuter - 198 words
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88 1979-01-03 9 Reuter CHEVRON Petroleum (UK) Ltd, operator for the Ninian North Sea oilfield, said production in the field has begun Chevron estimated recoverable reserves at L 2 billion barrels of oil. Peak production of 300,000 barrels per day is expected to be reached in 1982,Reuter - 88 words
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Article108 1979-01-03 9 Reuter CAVENHAM Ltd. a subsidiary at Generate Occidental* SA, has reported pre-tax profit of £14.5 million (16.9 million) for the 32 week* ended Nov 11. Sale* Q.OB billion (1.08 billion). Tax £3.2 million (2.4 million) leaving £11.3 million (H£ mln). The company aid figure* are not directly comparableReuter - 108 words
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Article392 1979-01-03 9 THE directors of A. Monk and Company, the UK civil engineer and building contractor, say pre-tax profits for the year to Feb 28, 1979 are unlikely to exceed £3 million by any significant sum. In the previous full year, a £2.73 million surplus was struck392 words
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Article65 1979-01-03 9 EXXON Corp Unit Esso Petroleum Co Ltd expects the vast majority of its 1,900 tanker drivers and operators to accept a pay rise and productivity deal, averting the prospect of a strike. Employees at more than half of Easo's 40 terminals have already voted in favour of the65 words
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Page 9 Advertisements
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Advertisement118 1979-01-03 9 Hoi Pipkin Edlor! Our postman's a great chap. He delivers us letters addressed to Piken-Thelmer, Popkin-Welmer and other amazing names. But he always delivers them to us. Who are we? Perkin-Elmer. You are probably hearing more about us as the weeks go by. After all, we are one of America's118 words
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DEALS DONE ON THE SES AND KLSE
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Article907 1979-01-03 10 SECTION ONE INDUSTRIALS Ac*a (2.068 2.096) (1) 2.07 AIIM Choc (MOB 1.118) BAT (152B) (1) 1.53 CD Bat* (250B) Ben (0518 0.835) (1) 0.834 (3) 0.83 Berjaya Kiwat (1888 2.748 )CBI Bouatead (2.258 2.285) (3) 2-27 (1) 2.28 (2) 2_2BXD Bouateadco (1.748)XD C C (USB 1258) (7)5.10 (3)907 words
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Article131 1979-01-03 10 4 I/a* 1/9/90 (290,000) (WJOB •MSB) <«) fIOJO 4UM% IUM (230,000) (90J68 5% 16/4/81 (290,000) JM.708 KT', 1/6/88 (2904)00) (100.108 100JOS) 9/4% T P 16/7/80-83 (290,000) i 102-306) S/4% TP 16/8/81-84 (290J900) (102-306) 9% T P 18/11/84 (290,000) (100.008 100.068) 7* 1/8/88 (290g000) (100.868 *****8) 7 1/4% 16/4/88131 words
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Article270 1979-01-03 10 Striking price* at the option officially listed on the Stock Exchange at Singapore, the period, bids and offered prices and done yesterday with the number of options traded shown in brackets. CsM Storage (March (0.338 0.435). Hum P B (March *1.45) (0.278 O.3SS). laesknps (March t1.30) (0.248 0.335)270 words
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Article142 1979-01-03 10 SING ATOM 17W1T TBUBT (Mi»Hii>' prtM hrlMt) The Commerce 105 m The Saving Fund 1.27 L* S pore Prog Fund 0.n I N S pore Sec. Fund LIT LTT S pore lovMt Fund I X 1J7 INCOME MM (Curat pel Income Bond miiWMIVT DUNR teas) LU LU ■A142 words
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Article2393 1979-01-03 10 10*8/79 -Hick how Company Last Sal* 4-or-G*>. Div Div Crr Gr'a YTd N*t P/E Vol (•000) Day Hlgk Low SECTION ONE INDUSTRIALS '272 238 *."178 > 219 5n 280 ,328 245 880 132 123* 107 133 195* 50 182 173* 140* 2S8 Ac ma Alcom Allied Choc2,393 words
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Article1467 1979-01-03 10 INDUSTRIALS Alcam (1 HOB 1 >78). A Chaa iI.UB 1 138) AMD (0 SOS 1 Ban <0 648 i II) OS3 14) 0.64 Kl«lt 12 T6B 2 7SB) 111 276 41* 2.77 CBI Bauttaad I 2 278 2 348. (Si 233 19) 234 XU A Tabacca iISIB1,467 words
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Article124 1979-01-03 10 General Ceraaries Bhd: EOGM to be held at 7th Floor, AIA Building, Jalan AmpangJCuala Lumpur at 11.00 am tomorrow. Imam Miliydi Textile ■fed: AGM to be held at *****1. Mak industrial Estate. Butterworth, at U.00 am on Jan 8. ■avis SKA: EOGM to be held at the Negara124 words
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Article, Illustration474 1979-01-03 10 RADBB WEBB dlslacflaed lo mark the lint Stock Kuhujctf Sag* pen yesterday with any rigattcaat aethrtty. la a weak opening, from last Friday's dosing levels. Indicating that be« aritfldelty Thfaaghaet toe day, toe tradteg lew was flat and prices kept wttUa474 words
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466 1979-01-03 10 IT WAS INDEED a poor start for the new year as the Kuala Lumpur stock market plodded through a dull and listless session yesterday. Prices finished narrowly mixed in low volume trading. The last-minute rally which took selected plantation and industrial466 words
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LATEST RESULTS
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Article31 1979-01-03 10 tsrlai 1911 AvMsad st S per eeaft grass (saaa), ESS? M. IBs nanny reported la September sh>4M graap prn tai pwtt fe» ts iff* ff sriHsa ma $i4J$31 words
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COMPANY NEWS
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1300 1979-01-03 11 LARGEST 100 companies quoted on the Stock Exchange of Singapore, listed by Business Times In order of market capitalisation. Column I Market value In million. Column n Number of shares issued in million. Column m 1978 high and low.1,300 words
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184 1979-01-03 11 SUPREME CORP BHD announced that Its subsidiary Johore Oil Palm Plantations Sdn Bhd has placed a M 53.135 million five-year convertible secured loan stock with bumiputra investors through an agreement with a banking consortium led by Chartered Merchant Bankers Bhd. It said interest on184 words
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Article358 1979-01-03 11 FUSAN FISHING NET MANUFACTURING said that its profitability in respect of the year ended Dec 31, 1978 is not expected to change dramatically as compared to the previous year. However, the indications are that the level will be "reasonably better". Profitability is expected to be "much better" after358 words
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Article760 1979-01-03 11 ARTHUR NG - By ARTHUR NG IT SHOULD HAVE been a good year for those who Invetted in tte stock market in 1978. Far those who played the game might well have seen a capital appreciation of 36 per cent at the turn of 1978 in760 words
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Page 11 Advertisements
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Advertisement59 1979-01-03 11 ■k The issue having been completed, this announcement appears aa a matter of record only. METAL BOX SINGAPORE LIMITED Issue Of 7,000,000 new ordinary shares of $1 each at $2.32 Fraser Neave Limited and Malayan Breweries Limited The Directors of Metal Box Singapore Limited were advised In connection with the59 words
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Advertisement7 1979-01-03 11 DHrUni tahfe Is Mi to toefc «f7 words
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Advertisement83 1979-01-03 11 This announcement appears as a matter of record only FRASER4 NEAVE LIMITED MALAYAN BREWERIES LIMITED have recently entered into an agreement with METAL BOX SINGAPORE LIMITED whereby they will contribute $16.24 million to the tatter's major capital expenditure programme, which includes the installation of a two-piece can manufacturing plant, by83 words
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942 1979-01-03 12 MILD EFFECT ON OUTPUT A STRIKE by 60,000 refinery workers threatens to erupt next week in US oilfields in the first major showdown over President Jimmy Carter's voluntary wage guidelines. Both sides are preparing for a long walkout, as the industry and942 words
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Article198 1979-01-03 12 Reuter BANK OF JAPAN Governor Teiichiro Morinaga said the trend of prices in Japan this year should be watched even more cautiously than last year because money supply (M 2) may rise owing to the flotation of large amounts of deficit-covering national bonds. He saidReuter - 198 words
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737 1979-01-03 12 INTENSIVE bargaining resumes in Geneva next week to reduce import tariffs and assemble a complex batch of fair trading rules for the 1980's. Despite strenous sessions over the past few weeks, delegates from the world's leading trading nations failed to meet a self-im-posed deadline737 words
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112 1979-01-03 12 Reuter SWITZERLAND will retain its restrictions on foreigners depositing funds in this country for the time being, the director general of the Swiss National Bank Fritz Leutweiler said in a magazine interview. Lifting the restrictions too early could unsettle the exchange rate forReuter - 112 words
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303 1979-01-03 12 Reuter MEXICO yesterday announced a 100 per cent increase in its proven reserves of petroleum as a result at recent important finds in Chicontepec and the Campecfae continental shelf. Revised statistics issued by the state oil monopoly, Peroex, showed that Mexico had proven reservesReuter - 303 words
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Article100 1979-01-03 12 FOUR directors have been appointed to the board of Baring Brothers Asia, the Asian merchant hwniHng arm of Baring Brothers of London. They are Messers Geoffrey G.F. Barnett, John Fawthrop, Charles L.A. Irby and Nigel E. Melville. Mr. Melville is the general manager of the Singapore branch.100 words
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Article597 1979-01-03 12 LONDON, Tues. Equities gained narrowly 011 small selective demand but market sentiment was still overshadowed by the Iranian crisis, dealers said. At 3.00 p.m. the Financial Times index was up 1.4 at 472.3 having opened at 469.8. Government bonds were generally quiet with pending wage claims and the597 words
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Article, Illustration429 1979-01-03 12 PREVENTIVE schemes to deal with the problems at the abandoned aged, the destitutes, and ill-treated and exploited women and children, are being worked out by the Ministry at Social Affairs. This was stated by Dr Ahmad Mattar, Acting Minister for Social affairs, in his429 words
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Article303 1979-01-03 12 THE JAPANESE government is expected to authorise foreign and Japanese city banks to issue certificates of deposits next spring as part of a measure to relax its financial trading. The Financial Systems Research Committee, an advisory agency to the Finance Ministry, last Wednesday approved303 words
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289 1979-01-03 12 A KEY objective of the cultural policy of the Ministry of Culture will be the provision of cultural ballast for Singapore's youth. Mr Ong Teng Cheong, Acting Minister for Culture, also said in his ministry's addendum to the presidential address at the opening of Parliament289 words
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Page 12 Advertisements
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Advertisement137 1979-01-03 12 IT PAYS TO CONSULT INDCSUEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Today we are quoting the following for Singapore Dollar term deposits up to SS2SO 000 SJ/«%5 J p.a. 6'/«% p.a. 6v«°/o p.a. 6v«% p.a. 6'/}% p.a. Savings 4 J /«°/o p.a. We also issue Negotiable Certificates ot137 words
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Advertisement90 1979-01-03 12 $99f Hi Wi&^CTW f m 7^ t T' WOLSEY HALL OXFORD Srt%^SPf. r* Hs£* FOULKS LYNCH LONDON S M m **%h v wkW^ <'V. U MM *<*. -%n^ :i <1755 ESZkHgB g*2 w iinni! TODAY I ADDRESS EXAMINATION n I h s«r in Singapore t .enrol or seek jJvue rt90 words
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SHIPPING TIMES
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PORTSIDES
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Article81 1979-01-03 13 A SINGAPORE shipping company, Unipacific Transportation and Trading Agency, will open a branch office in Marseilles, France, next month. The office will be responsible for the company's activities for the whole of Western Europe. Unipacific also plans to set up an office in Spain soon. Unipacific's other office81 words
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Article72 1979-01-03 13 Reuter CONGESTION at the ports of Lome in Togo and Cotonou in Benin has improved and the 25 per cent congestion surcharge being applied to cargo for discharge at the ports was reduced on Monday. Members of the East Asia/West Africa (Nigeria/Senegal Range) freight conference said the surchargeReuter - 72 words
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Article104 1979-01-03 13 THE Lloyd's Register of Shipping has recently approved a series of diesel engines manufactured by the Amagasaki plant of the Hanshin diesel engine division of Yanmar Diesel Engine Company of Japan. The approval was granted under Lloyd's new Quality Assurance Scheme for Machinery following a detailed examination104 words
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Article482 1979-01-03 13 RAHIM KASSIM - By RAHIM KASSIM BORDEAUX, a French port in the centre of a region producing the world's finest wines, will be the venue for the first international exhibition and seminar on maritime developments of developing countries. Ocean tropiques '80, to be held in conjunction with482 words
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Article, Illustration183 1979-01-03 13 THE 8,9 M grass taum refrigerated carrier, A—ma Mara was delivered to her iwieri, Nip. PM Saisaa Kalska sf Japan last meatk. The ship was built at the Setoda Shipyard sf Naikai Zssea, aa affiliate sf Hitachi Zeeea. The Asama Mara Is a slagle-screw, dieseldrivea refrigerated carrier183 words
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3023 1979-01-03 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the -name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of3,023 words
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Article547 1979-01-03 17 8Mpffag Um Page Cal Aconas n s ACS n s Alea IV 3 Abulia IV 2 Alpac IV 5 Angkutan IV 3 Anhsin# IV 3 ANL I 1 APL m 2 Arya Nat n 5 ASCL m 5 Asia Merchant m 4 Atlas V 3 A ust. Con t547 words
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Article986 1979-01-03 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (l) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the986 words
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Article932 1979-01-03 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Aconas Line— Aconas fdn Bbd. Adriatic Container— Con tainer Feeders. AFEA Line— Singapore Shipping. Aguila Oriental—Same. Ahli Shipping— Sharjah. Alfred C. Toepfer LineIn termodal. Algerian National Lin< (CNAN)—Unipacific. Alnac932 words
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831 1979-01-03 18 GOH ENG KEE - By GOH ENG KEE PORTS need friends, even UK ports, which have been bedevilled by all kinds of industrial problems. Thus following the Ace container consortium's departure from Southampton earlier this month, its rival ports have stepped up their marketing efforts831 words
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622 1979-01-03 18 Lloyd's List. PARAGUAY intends to increase its national mercantile fleet by 42 ships and boats with the help of a £19 million (S|Bo million) loan from Japan, the Japanese Foreign Ministry said. Notes on the 7.5 billion yen loan, to be repaid in 25 yearsLloyd's List. - 622 words
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Article336 1979-01-03 18 EXPECTED ARRIVALS TODAY KEFPEL WHARVES Accord (after Pain Sea Horse) 15/16 Esquilino (0900 after Bunga Tanjong) 35/36 FYaainet (after Tongariro) 8/9 Hudson Maru (after Letaba) 42/43 Pole Star (1500) 23/24 Savannah Maru (after Hoegh Elan) 46 Tamano (after Memnon) 6/7 Temburong (1500) 21 East Yichang (1300 after336 words
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Page 13 Advertisements
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Advertisement464 1979-01-03 13 DIRECT DIVERSIFIED DEPENDABLE SERVICES TO/FROM USA AND CANADA Agents BJ'tier Lines Singapore Pte Ltd Tel 9265» Hatrisons Crosfield Kuala Lumpur T* MHII/I Pernas-MISC Penang Tel ***** IA K DIN I AN I AH Orient Overseas Line FULLY CONTAfOfiED SERVICE TO EUROK (VIA SUEZ) fstow LaHavre R'dam H'bwj Antwerp 13/1 19/1464 words
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Advertisement332 1979-01-03 13 SEALORD LU ANTAH M UASC UNITED ARAB SHIPPING CO (SAG) I* All vessels ***** DWT, 105 TON HL. Derrick I 288 TEU Capacity, Long Length Capability. {{ARABIAN GULF WEEKLY SERVICE Vessel I S porel Loading for SEA DIRECT SERVICE essel S pore Loading for mi Jeddah. Hodeidah, Aqaba Jeddah. Hodeidah,332 words
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Advertisement462 1979-01-03 13 NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE Sonre P Ketone f slot Havre ft tan H burf Breia Hwp W CONTAKR JSaM M Nrt |13 Ma It tan 20 Ma 22 la 23 la »l» 0 KSMCtflt* Ihi Ilia 24 la it la 771 m 2t462 words
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Advertisement679 1979-01-03 13 SINGAPORE BUSINESS For US Paqkc. GK I ABaabc Mi East Canada <Aho aetata* tor ft FULLY CONTAINERIZED FAST DIRECT WEEKLY [TT*—! ■HHinw Baltimore CnsrleslT U/2 12/2 17/ J IV 2 M/ 2 tin Vi VI 7/2 »/2 14/ 2 23/2 2/1 M/ 2 21/2 21/2 FOR fast Am (Hooftoof Mania679 words
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Page 14 Advertisements
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Advertisement691 1979-01-03 14 VVVVWVVVMVMVVJVVMVJ Four CONTAMRISED TO EMOPE EXPRESS CONVENTIONAL TO EUROPE Span Mtunf Pm Mm I toedenleai 2/1 4/1 8/12/2 P aid Kcfcawn 1/2 3/2 7/2 2/3 FULLY CONTMOSED TO GENOA/TWESTE Spare P Mm( Can limit 5/1 6/1 26/1 1/2 28/12 29/12 17/1 24/1 FUUT CONTMOSED TO USA/CMMM Feeder P Kelang S691 words
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Advertisement478 1979-01-03 14 F« 11/12 F* 11/19 F«k 14/ IS F«t 21/23 •tor 10 N, ft 15 Ma 30 ■tor 2 Ma 9 "tor 1« Apr 2 •tori Ma 1) Mv 19 Apr i •tor 25 Afrl •tor 3* is V 1 Vil 4-4/ I SJM Sw Franc* hm La Suva 12-14/1 31-1/2478 words
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Advertisement645 1979-01-03 14 evergreen line (EVERGREEN MARINE CORPORATION! Ifar east/red sea, mediterranean sea —I express full contamer SERVICE I—ALSO ACCEPTHG CAKGO FOR GENOA. LATTAKIA. BEIRUT ALEXANDRIA. BENGHAZI, TMPOLI (IBYA) 'MM MWIM l«*M fm {•wMmNt (to ltlM 20 Im 23 tea 171* n tan »F* ntm jF« (ftk |U l)U 1(U KM EM>Nvcy 14F*645 words
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Advertisement908 1979-01-03 14 I Everett Lines Bwrnii Hvt Star lhipp«| C«rpn. 'BURMESE NATIONAL LINE' UMOME FOR MM B F.S.S.C Agents tn Malaysia TEPS MALAYSIA Port Refer* Tel (38) 7355 Penan* Tel. *****/***** S. A. C.I.F. j VW "ARGENTINE NATIONAL LINE" M FOR HRMAN. CAPETONR. HODS MD i fmmf PATAGOMA AKEKTMA 9/11 FA 11/12908 words
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Advertisement763 1979-01-03 14 A A A y A A A A A A A y y y y y A y y z y J OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHE NT ON WAY MIST Rl ROAD SINGAPORE 2 TF L *****44 7& 22 ***** SANKYO763 words
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Page 15 Advertisements
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Advertisement516 1979-01-03 15 OCI ammxstw gg to uh/cowot: Overseas Containers Limited Otk Ht# OUkiO* a* Mm CONTAOERSMP SERVICE FROM UK/CONTKMT Kterg Btoa Mn»oo| ani OutaOer K LUMPUR CONTAMER ACOCK *****4 PKELANG 3SMO6/S PtNANG GUTWE BOUSTEAD SHTfWG ACOCK *****1/3 recL Australia Straits! Container Line I (A moot OF THE ANN) CONSOtTIM) RO-RO CONTAHRSHP SERVICE516 words
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Advertisement786 1979-01-03 15 GRANARD LINE GRANARD SHIPPING AGENCIES (Si PTE LTD Tel *****77 I 5 Lines) AMERICAN PRESIDENT LINES STRAITS EXPRESS CONTAINER SERVICE lM«« far New Tort, East Coast and GuN ports by Mh-Landbridfe Los AngaJes, San Francisco and Seattle P Ketaag L Angaias M/ttM [wu 1« ton I Jan 15 Jan 6786 words
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Advertisement647 1979-01-03 15 my BEN LINE CONTAINERS EXPRESS CQNTHMPt SERVICE TO/FKQM EUROPE HB Jf C rM,vt SOTO T, f *TZ Franc* Al Ul V VI H/l 21/1 21/1 1n Hi Vi 27/1 a/1 a/ «/2> 1/ H u/l 14/1 2/2 4/2 V 2 8/2 11/ i li/i i«/i ii/i ..f 11/ Car*. Bay647 words
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Advertisement590 1979-01-03 15 Scan Dutch 9 bin lAA 3 MM* 1) C bw| 7) MM* 3) rn* 4) rtm i) laH M safes P. fetanc S pan W I/lkM J*< MM bM «/l C/I Med Mri bM faM MM Mri a/1 11/1 MM W MM MM 7/1 77/1 71/1 vj yi 7/1 vi590 words
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Advertisement541 1979-01-03 15 GUTHRIE BOUSTEfID E G s THE BANK LINE LTD. LOADS FOR E. S. AFRICA m. EX. PL, nh«i a/a mr Span a/a im pMm a/77 jm mm east i swim nu luttm Spert LYKES ORIENT LINE EWBESS SERVICE HRECT FROM SMGAPORE TO mm ORLEANS. MOOLE. HOUSTON. GALVESTON. ALSO ACCEPTS* CARGO541 words
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Page 16 Advertisements
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Advertisement770 1979-01-03 16 K LINE KAWASAKI KISEN KAISHA. LTD. TO EUROPE Mm L Havre R dam wj" 29 la 30 lan 1 Feb 5 Fob (FA I Fife 12 Feb 13 Feb 15 Feb (accepting wpn to fcafc* n Itontoag) FROM EUROPE TO FAR EAST *1 Havre P Ketong S pore H. Kong770 words
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Advertisement957 1979-01-03 16 U.S.A./EAST CANADA SERVICE ACCEPTMG FCL/LCL COKTAMB FROM PENANG. P. KELANG. STORE L*a*g tar. m TDM. NORFOU Betowan P S«CW*< 9M" (MBA-21 SCO If* taa >4/12 11/15 14/11 E.C./GSEAT LAKES SERVICE tar NOVOU. NTH TOM. MONTREAL. TORONTO. ASHTAMAA. DETROIT. OfCAGO CALFORNA/PACfK NORTH WEST SERVICE lm*i t* in Moa m mem wnu.957 words
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Advertisement610 1979-01-03 16 Th h .A irim|) SINGAPORE SHIPPING AGENCIES PTE LTD in bt A b 1 Sl\(, it>OKi: ISI I \/AS lIM MIDDLE EAST REGULAR USER A SAFE WAV TO SHIPBYSSA. 13R ta n/U tm 11/12 *■> D«t». BaNe*. C 8R M/ IM Abu Dhab.Dubai I Data. Baftran 0— DSR LINES fat610 words
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Advertisement474 1979-01-03 16 MALAYSIA* *m*NATK)NAi. SWUNG CORPORATION B6KMAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BOIMT: Feeder ftMf Vess« Span 1) MMks 2) Mm 3) Hb*rg 4) Gbvrg 1) Malme. Stockholm Olio. Hetenki. 2) Copenhagen tortus. 3) Bremen 4) Antwerp Amsterdam UK. S) Bask Bordeaur Also accepta* mtermadute cargo to Hongkong t Japan474 words
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Advertisement873 1979-01-03 16 INTRASEA (PTE) LTD F «it>er House 234E Ochard Road Singapore 9 telephone *****11 *****5' I f HUM WBBW SEN/FULL CONTAMER SERVICE TO OJROPt B Kansai Line STRAITS/AUSTRALIA SERVICE Singapore P Kelang Loadng lor: GRACE ADEUUDE V.IIA tafMt SaM Brisbane .'Sydney Melbourne Adelaide SUNNY SVDKY (V.30) 7* Ft* 25 F* -do873 words
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Page 17 Advertisements
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Advertisement158 1979-01-03 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND MRECT LMER SERVICE TO EGYPT (PORT SAD ALEXANDRIA) NUII STNMX tt PTKMBSU MM TRANS CARGO PLEASE CONTACT SCHEME! SKGAPORE TEL GENERAL AGENTS: L.N. SHIPPING PTE LTD Tel: *****11 (Singopore) TLX R*****7 SUB-AGENTS: H.S.H. (M) SON BHD Tel: *****3/*****7 (KL) *****6 (PT. KELANG)158 words
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Advertisement157 1979-01-03 17 g Seatrain Full Container Service to USA FuH Contatner Service from USA Agents: Optorg Shipping Singapore *****44/*****82 K. Lumpur *****3/*****3 Pmng: *****/*****. YEW LIAN SHIPPING CO., (PTE) LTD. L 20C 3rt Fir fccl Soalt St. Sport 2ld *****55 (8 laws) RfGUUft StKYICtS TO MUASA HOT* MNMM.U PONTMNM. BANOIAMIASM M.V.EKR aiv.ram157 words
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Advertisement189 1979-01-03 17 Xx\s\M ick lines v y :r ÜBSNB FROM ROKA/TAMAN/HONG ROM TO SMAPOK Inchon Busan Kedung H Hong Spore SAM EUH ¥.23—11/19 Dk 21/22 Dk 2S/29 Dk 3/4 Jan SAM ROOK V.53....25/27 Dm 29/31 DK 5/1 MR 14/15 MR SAM 00N6 V 23 .14/15 MR 17/19 Mr 24/27 MR 2/3 FA189 words
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Advertisement140 1979-01-03 17 f£ar i£td WEST BOUND lOAOMG FOR MUSCAT. DUBAI ABU DHABJ BAHRAM. KUWAIT ETA ETD LOAOMG FOR EASTERN VALOUR V.1!.... 12 Jm 15 Jan if M**ua*a (Ta*a) <mm* v-> Guffeast Shipping Pte Ltd Smte 704/706. Ocean Bonding Coiyef Quay. Singapore 1. Td *****3 (10 Lines) --itiKN j— FAR eastlUPn/" WEST AFRICA140 words
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Advertisement45 1979-01-03 17 NOTICE TRANSPORT PTE. LTD. have pleasure in announcing a regular WEEKLY CONTAINER SERVICE between Singapore and Bangkok by ibe m.v. JADE BOUNTY first sailing January Bth thereafter arrival and departure Singapore every Wednesday, arriving Bangkok every Friday P.M. sailing Sunday P.M. Freight Enquiries Tel: *****2/*****45 words
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