The Business Times, 9 January 1979
1979-01-09
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The Business Times
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Title Section10 1979-01-09 1 BUSINESS TIMES M.C.(P) No. IM/1/79 TUESDAY, JANUARY 1179 50 CENTS10 words
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BRIEFLY...
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Article81 1979-01-09 1 AFP TOKYO, Mon. Kawasaki Heavy Industries of Japan will sign a US$5B million (*****.6 million) contract late next month to sell 141 streetcars to the American city of Philadelphia, it was announced here today. Kawasaki, in cooperation with the Japanese trading house, Nissho-Iwai Co., had underbid sixAFP - 81 words
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Article77 1979-01-09 1 TOKYO, Mon. The US Grumman Corporation has denied it ever bribed Japanese government officials. "Grumman Corporation and its subsidiaries have not in the past, nor do they intend in the future, to pay illegal payoffs, bribes or commission to any Japanese government official," said Mr Peter Oram,77 words
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Article39 1979-01-09 1 Reuter TOKYO, Mon. Japan and the US have started talks on extending a bilateral textile trade agreement which expired last month, the International Trade and Industry Ministry said. The previous agreement was concluded four years ago. Reuter.Reuter - 39 words
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Article59 1979-01-09 1 AFP ROME, Mon. The Soviet Union has asked Italy, France and West Germany to refrain from supplying arms to China, the Italian daily Corriere Delia Sera said today. The report said Soviet leader Leonid Brezhnev made the request in a letter to Italian Premier Giulio AndreottiAFP - 59 words
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Article89 1979-01-09 1 Reuter TEHERAN, Mon. Parts of the city of Tabriz in north-west Iran were ablaze today after rioters set fire to cinemas, banks and houses on a day of mourning, which closed down a country already paralysed by months of protest against the Shah. Radio Iran said sixReuter - 89 words
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Article54 1979-01-09 1 AP KUALA LUMPUR, Mon. Malaysia has asked Britain to adopt a more positive and flexible stand at next month's negotiating conference on the Common Fund in Geneva, Primary Industries Minister Paul Leong said today. Mr Leong made the call in a meeting with Mr John Smith, British SecretaryAP - 54 words
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Article89 1979-01-09 1 AP NEW YORK, Mon. The stock market was mixed this morning. The Dow Jones average of 30 industrials slipped 3.03 to 827.70 in the first half hour. Losers and gainers ran about even in the overall tally of New York Stock Exchange-listed issues. Analysts said some selling wasAP - 89 words
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Chief Price Changes
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Article129 1979-01-09 1 Rises Most Active Nat Iron 640 25 H Par 348,000 Batu Lintang Berjuntal Tractors 192 695 500 12 10 10 S Darby F Merlin 327,000 178,000 Dunlop Ind 450 10 UOL 135,000 Guthrie 149 9 Total Turnover: 3.97m C C M U I C Malakoff 492 289129 words
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Article, Illustration152 1979-01-09 1 Rises Most Active N Iron 645 30 S Darby 585,000 OUE 256 22 H Par 179,000 MTC 430 12 Consplant 171,000 S M Ind 125 10 F Merlin 128,000 B Ray a Dun]op Est Inchcape 175 09 386 +08 Total Turnover: 2.60m 170 06 Total Value: M$6.89m152 words
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Article983 1979-01-09 1 QUEK PECK LIM - $515 M TAKEOVER BID By QUEK PECK LIM SIME DARBY Holdings has answered the $475-mil-lion question it set the market six months ago. In probably the largest take-, over bid ever mounted by a company in this region, Sime announced yesterday it will attempt983 words
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Article202 1979-01-09 1 GERALD COLVERD - By GERALD COLVERD in London NO OFFICIAL statement has been made by Guthrie Corporation in London immediately following the announcement of Sime Darby's planned £123 million (Sss3o million) bid approach. The London market quickly assumed resistance by raising Guthrie shares 70p to match the cash bid intention of202 words
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660 1979-01-09 1 JOHN LIM - By JOHN LIM IN A COMPANY which has advanced technology and effective organisation, a merit and demerit scheme is not the answer to higher productivity. In such a situation, the factors governing productivity increases are organisation and technology. This is the view of the660 words
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308 1979-01-09 1 INTERNATIONAL aircraft unfidann are mm agita bra flag a path to Slagapere Abuse's (SLA) 4mt m the aattoaal carrier begins plaaalag a replacement aircraft aeheme far Ita agiag fleet af aarrew bedled aircraft. lie prise Is a cm tract werth anything fram UB$lM mllttaa308 words
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401 1979-01-09 1 THE DIRECTORS of Singapore Finance (Sinfin) have in a circular asked shareholders to consider the advice given by Baring Brothers Asia Ltd the appointed adviser for minority shareholders on the separate offers by UOB and Hong Leong for Sinfin. The circular did not take any401 words
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Article120 1979-01-09 1 Reuter NO DECISIONS of major significance are likely to be made at two weeks of meetings of the International Tin Council which started in London yesterday, delegate sources said. During this week a review of the buffer stock price range will be made by theReuter - 120 words
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Page 1 Advertisements
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Advertisement10 1979-01-09 1 COPIES ANYTHING. FITS ON A TABLE-TOP. P SEE PAGE 310 words
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Advertisement41 1979-01-09 1 CITROEN CX 2400 PALLAS has proved to be such a cartough efficient elegant J mi TfU hefirv nnc ncEnciES pie ltd 9 LENGKEE MOA'l SINGAPORE i Hi 635:-U BRUNEI AGENT RELIANCE DISTRIBUTORS 144 B. JALAN CHEVALIER.BANDAR SERI BEGAWAN BRUNEI TEL *****41 words
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Advertisement82 1979-01-09 1 Mm! SHIPPING TIMES PLYWOOD lea* limber IWi»- fermala I try's grewth I FORUM m fall «f Kampuchea.. 7 PEOPLE la bastoeaa I NEW Ywk'i PTZ «Mrtl Ut REPLANTING ea a glaat scale Stagapere t la Malaysia 3 MORE haaks raise PLRa MIXED reaettoa to aew 8MR.... 4 YHS a "saace"82 words
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Advertisement0 1979-01-09 1 '`~'%^;+_='"!^!.:=)$@=(|>}$:{^]0 words
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Advertisement43 1979-01-09 1 business SINGAPORE BUSINESS THe Husifiess Magazine SEE PAGE 11 It I h h K BUSINESS MACHINES PTE LTD 173 D 131 D B JTC. B t- 1 -t'. f:< T»*t- 702?7?? <b I r C.it.;.' TASA' j i L >Mt •7 ■< RS?3!3I ABK.43 words
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TRADE AND INDUSTRY
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234 1979-01-09 2 JOHN LIM - By JOHN LIM FOLLOWING the devaluation of the rupiah in November, Indonesian plywood manufacturers have found domestic prices to be very much lower than export prices quoted in US dollars. While this means more competition for local plywood manufacturers, as Indonesians will turn to exports,234 words
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581 1979-01-09 2 SINGAPORE'S timber industry saw a 9 per cent growth in its export volume for the first eleven months of last year compared to the corresponding period in 1977. The whole industry, excluding knock-down furniture which is only recorded in value terms, exported some581 words
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Article341 1979-01-09 2 COURSES AND TALKS Nov 6-Jan 27: Life insurance agents certificate course (English and Chinese), SITC, srrc Jan 13 20: The Effective Secretary, SIM conference room, Mr Tan Teck Huat Jan 8-19: Personal and company taxation (module 5), SIM conference room, Mr Lee Fook Hong Jan 8-10: IE Module341 words
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Article, Illustration170 1979-01-09 2 A TOP-LEVEL Mlafetry of Utwr team hw started Ms rasa* #f vfarfta to majsr maaafactarlag mmmmtm to eniad i»depth lahear iisrasslias with maMgeomt. The team, led hy Dr. Hai Cheag Feag, the Permaaeat Secretary to the Mlatotry at Lahear aad the Ciamlaliarr fer Lahear, teared170 words
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Article111 1979-01-09 2 INDUSTRIALISTS will have to pay more attention to water management and recycling techniques. This is because the water authorities cannot be expected to serve all their requirements. Mr. S. Dhanabalan, Senior Minister of State (National Development), said this yesterday at the opening of a water treatment seminar111 words
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Article57 1979-01-09 2 MR. Chin Ham Tong, parliamentary secretary for Home Affairs and MP for Aljunied will tour the Macpherson (south) market today to promote the Metrication Board's zonal metric educational programme for his constituency. A three-day metric information stall will be set up at the market from57 words
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Article, Illustration386 1979-01-09 2 SINGAPORE Industrial Equipment (Sinquip) has clinched a contract to supply 50 units of PMC high speed logging skidders worth $13 million to the Indonesian timber conglomerate—the Djajanti timber group. The purchase agreement, one of the biggest timber equipment sale made by a local company386 words
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Article, Illustration174 1979-01-09 2 MR. Baey Bmm Ob, 35, has been appointed marketing manager of the fine chemicals division of Roche Pharmaceuticals Pte. Ltd. A Bachelor of Pharmacy graduate from the University of Singapore, Mr. Boey was Sales Manager prior to his new appointment. He Joined Roche on in 1976. Reader's174 words
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222 1979-01-09 2 JAPAN'S export letters of credit received last month increased by 10.9 per cent to US$5.B9 billion (Ssl3 billion) from $5.31 billion in December, 1977, the Japanese Finance Ministry reported yesterday. The year-on-year growth rate was down from 13.4 per cent last November. Last month's figure222 words
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Article272 1979-01-09 2 SINGAPORE will be equipped with the first ultra-low temperature freezing compartment in this region by the end of this year. This compartment, with deep-freeze facilities for 300 tons of tunas, is part of a plant with storage capacity for 1,200 tons of fish installed by Tri-Marine272 words
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Article283 1979-01-09 2 THE SINGAPORE Institute of Management will be conducting four management and marketing courses for executives, managers and their secretaries next month. A four-day course on principles and practice of management is planned for executives and managers with no formal education in business management. The concepts and283 words
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636 1979-01-09 2 THE ASIAN Productivity Organisation intends to launch productivity measurement activities on a continuous basis. Mr.S. K. Subramanian, head of the research and planning division of APO, said it is envisaged that each member country will have a nucleus group tracking on productivity measurement and improving636 words
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365 1979-01-09 2 INDIA'S bid (or better trade and economic cooperation with the Asean member countries will be further strengthened by the Indian engineering goods and services exhibition, Indee 79, to be held in Jakarta, from March 3-10. Indee 79 is the second trade exposition365 words
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Article79 1979-01-09 2 A WEEK-LONG architectural exhibition will be held at the Faculty of Architecture and Building Kent Ridge campus, from next Monday. Jointly organised by the School of Architecture and Architects Team 3, the exhibition will show Team 3's works in Singapore and abroad. Mr. Lim Chong Keat,79 words
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Page 2 Advertisements
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Advertisement210 1979-01-09 2 £1 Malaysian Tobacco Company Bhd. NOTICE OF MEETING NOTICE is hereby given that the TWENTY-SECOND ANNUAL GENERAL MEETING of Malaysian Tobacco Company Berhad will be held at the registered office, 178-3 Jalan Sungai Besi, Kuala Lumpur on Wednesday, 7th February 1979 at 11.30 A.M. for the transaction of the following210 words
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Advertisement145 1979-01-09 2 THE COMPANIES ACT. (Cap. 185) SINGAPORE SOUVENIR INDUSTRY (PTE.) LTD. (Members' Val. Liquidation) NOTICE IS HEREBY GIVEN that the creditors of the abovenamed Company which is being voluntarily wound-up are required on or before 26th February, 1979 to send in their names and addresses with particulars of their debts and145 words
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REGIONAL
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472 1979-01-09 3 MALAYSIAN manufacturers are to hold a "mini" exhibition (or a Japanese buying mission responding to an Asean request to help reduce Japan's trade surplus. The exhibition, being organised by the Federation of Malaysian Manufacturers on behalf of the MalaysiaJapan Economic Association (Majeca), will be held472 words
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246 1979-01-09 3 MB BOBEBT STRAUSS, Prwiideat Carter's special trade smhesssisr, has ceattoaed that trade hetweea the Ualted States aad Chlaa will aet lacreaae slgalflcaatly everalght, aad mast he preceded by serieas dlsrasslsas teadiag to a trade agreemeat. Mr Straass dectlaed to predict whether Chlaa246 words
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506 1979-01-09 3 A COUNTRY-WIDE survey of management development training needs will be conducted by the National Productivity Centre (NPC) in the middle of this year as a first step in the building of a network of NPC activities throughout the country. This is because the various506 words
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Article, Illustration503 1979-01-09 3 AUSTRALIAN seafood exports for the year ended June 1978 were worth a record Ss36B million $37 million more than the previous year. The 1977-78 West Australian rock lobster season which closed last June 30 six weeks earlier than usual was a record, both503 words
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184 1979-01-09 3 ISRAEL is sending a plane to pick up 100 of the 2,400 Vietnamese refugees stranded for the 13th day yesterday aboard an old freighter in Manila Bay, a UN envoy said. Mr Werner Blatter, Manila representative of the UN High Commission for Refugees184 words
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Article153 1979-01-09 3 TAIWAN'S official Central Daily yesterday listed three reasons why the country will not negotiate with the Chinese Communists, asserting that such negotiation means "another form of war." Noting that Peking's Senior Vice-Premier Teng Hsiao-ping has recently advanced the idea of "peaceful re-unification" and "Taiwan's return153 words
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814 1979-01-09 3 A PRELIMINARY estimate by Malaysia's Rubber Industry Small-holders Authority (Risda) indicates that 20,234 hectares would be approved for re-planting this year and with the standing commitments to areas still under various stages of replanting, it would spend Ms 63 million in re-planting grants.814 words
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Article341 1979-01-09 3 THE MALAYSIAN Trades Union Congress (MTUC) has set the end of the year as the target date to resolve the pertinent points relating to the reformation of the country's labour laws. It hopes to get some positive results by that date. Speaking to newsmen in Petaling341 words
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Page 3 Advertisements
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Advertisement221 1979-01-09 3 Why not give yourself the gift you deserve. You may not have considered buying yourself a gift this festive season but there are some things which are too important to be left to chance. Like The Asian Wall Street Journal. The Journal is a business tool designed to be used221 words
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Page 3 Miscellaneous
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Miscellaneous632 1979-01-09 3 I TWOIM CRYPTIC PUZZLE ACROSS 1 Prepares various diets (5) 6 County man out West (5) 9 I enter the list and have wild fun (7) 10 Force to lie irrationally about a politician (5) 11 Eat in town (5) 12 Like the Cliff sisters, very young! (5) 13 Like632 words
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RAW MATERIALS
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Article1256 1979-01-09 4 TAN SIOK CHOO - By TAN SIOK CHOO LAST week, the revised Standard Malaysian Rubber (SMR) became mandatory for all SMR producers. A general survey of the major producers indicates that consumer reaction to the revision has been mixed. One major rubber producer said there was a lack of1,256 words
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Article176 1979-01-09 4 THE Singapore rubber market yesterday closed quietly lower with January One RSS buyers quoted at 232.50 cents per kilo, down two cents from last Friday's close, dealers said. Prices rose slightly in the afternoon on further reports of Chinese acceptances of RSS One, Two, Three and Four for January176 words
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Article410 1979-01-09 4 Prices tn cents per kUo yesterday: Kai (per kilo) (per kilo) Buyers Sellers Buyer* Sellers Int. 1 RSS. prompt fob 231.00 232 00N 232.00 233.00N Int. 1 RSS Jan 231 JO 232.00 232.50 ***** Int. 1 RSS Feb 231 50 232.00 232.5# 233.00 Int 2 R.S.S. 228.50 229JON410 words
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Article104 1979-01-09 4 NOON SSR and SMR prices yesterday: B4R Vh (Carre Bbjpwtb ■t Mtfc) <r* rward Mtk) SSR 20 (1-ton pallet) »sr pwkt) 233 00N (m*mt tap 2j2.00 234 OON SSR SO MRELB (1-ton pallet) 228 00 230 OON 229.00 231 OON SMR SCV SMR 5L SMR 5 SMR104 words
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Article29 1979-01-09 4 Rubber: Jan 8 Singapore: January: 232.50 cents (down 2.00 cents) Malaysia: January: 235.50 (down 1.75 cents) Tin: $1325 (up $5) Official offering: 266 tonnes (up 41 tonnes)29 words
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Article205 1979-01-09 4 TRADING was very quiet on the Singapore produce exchange yesterday. Traders said the first trading day of the week has always featured few changes in commodity trading. Pepper trading was reported to be slow but the undertone was steady. Dealers said replacement costs were increasing and therefore many205 words
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Article76 1979-01-09 4 THE Straits tin price in Penang yesterday rose Mss per pkul to <1,825, 9125 above the International Tin Agreement ceiling, dealers said. Values were mainly marked higher, aided by last week firm London closing and persistent strong buying from US, Japan, Europe and locally. The volume of tin76 words
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Article195 1979-01-09 4 BANGKOK rice prices were quoted as follows yesterday: (In US dollars per tonne FO B. baste Bangkok) WkMe rtee: 100 pet Ist class 325. 100 pet 2nd class 310. 100 pet 3rd class 305. 5 pet 297, 10 pet 277. 15 pet 272. 30 pet m, 25 pet *7.195 words
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Article184 1979-01-09 4 YARN and cotton In Hongkong dollars. spoi ex-godown: CMm 7*** China Blue Phoenix 30a 2,300. 33m 2JM; 40a 3.000 (per bale of 400 lbs) PVwe China Butterfly and Globe brand unq. Dragon Head unq; Five Lambs unq; Flower and Butterfly unq; Flying Geeae unq (per piece X inches by184 words
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Article456 1979-01-09 4 Tta by £50 for cadi and £22 for three months standard while high grade was up £4) and £25 yesterday morning. Values worked higher in the early pre-market under covering prompted by the on-balance rise at Penang over the weekend and the West German steel strike settlement, dealers456 words
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Article139 1979-01-09 4 SUGAR FUTURES trading in Hongkong yesterday was quiet throughout, with six lots traded against two on Friday, dealers said. March closed at US 8.55/ 85 cents against Friday's 8.46/85 close, May at 8.65/ 9.05 against 8.57/9.05 and the distant January at 9.45/65 against 9.53/57. Jan 145/45 $.53/57 tat:139 words
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Article117 1979-01-09 4 ROBUSTA futures in London yesterday ended the opening call steady, mostly £12 to £2 per tonne up from Friday An exception was spot January which was £38 higher having traded from an initial opening low of £1.606 to a high of £1.630. Dealers said speculative interest linked to uncertainties117 words
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Article119 1979-01-09 4 RAW SUGAR futures in London yesterday morning opened CD.IO down to unchanged from Friday afternoon's closing levels. Turnover totalled 224 lots. The market was quiet with light trade buying rallying values from Friday's barely steady kerb levels. White sugar futures were tradeless with prices unchanged to £0.50 per tonne119 words
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Article122 1979-01-09 4 COCOA FUTURES ended the morning with pared gains of £8 to £0.50 per tonne, having traded as much as £16.50 up in near March at the openimg call. Turnover totalled 792 lots including three put options and 156 lots crowed. Traders said much of the early support in a122 words
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922 1979-01-09 4 AFP THERE was an irregular pattern about commodity prices last week as trading took time to return to normal after the end-of-year holidays. Another reason was the severe winter weather which interrupted transport facilities in and around London. This prevented staff getting to work.AFP - 922 words
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327 1979-01-09 4 Reuter PAKISTAN, which has been a major US competitor in West Asia for (arm products, may have to cease exports unless researchers and planners can identify and solve production problems. Mr. Arif Mahmood, an agriculturalist specialist with the US agricultural attache'sReuter - 327 words
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Page 4 Advertisements
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Advertisement241 1979-01-09 4 SW 1 When this anthology of 36 lively stories from The Asian Wall Street Journal was first published in February, it sold out in a matter of weeks. And no wonder. It's a book the Far Eastern Economic Review called "compulsory reading... a kaleidoscope of the many facets of Asia."241 words
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OVERSEAS
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Article, Illustration442 1979-01-09 5 IRAN'S ability to produce oil probably has been permanently impaired by its domestic crisis and the United States may have to ease domestic environmental restrictions to make up the difference, says Energy Secretary James Schlesinger. Mr. Schlesinger conceded, however, that environmental concerns are a sensitiveSource: AP photo - 442 words
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Article234 1979-01-09 5 Reuter A STRIKE by 60,000 US oil refinery workers was postponed on Sunday following new contract offers believed to exceed President Carter's 7-per cent wage rise guidelines. Mr A. F. Grospiron, president of the Oil Chemical and Atomic Workers International Union, said the union'sReuter - 234 words
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Article676 1979-01-09 5 ARRIVALS Service Local Operator Number Tine From PAA PA005 0200 SPO/HKG MAS MHG01 0700 KUL MAS MH682 0725 KCH S1A SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CAL CI814 1000 HLP CPA CX710 1005 HLP GIA GA90O 1030 HLP676 words
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Article140 1979-01-09 5 AFP MRS MARGARET THATCHER, leader of the British Conservative opposition party, has said that if she were in power, some workers in essential industries might be denied the right to strike. In a television interview on Sunday night, Mrs.' Thatcher said a Conserv- j ative governmentAFP - 140 words
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397 1979-01-09 5 AP AMERICAN President Jimmy Carter reportedly will ask Congress later this month for nearly US$l billion (552.2 billion) to push development of a new longrange mobile missile system designed to be safe from a surprise Soviet attack. Administration sources said Mr Carter's budgetAP - 397 words
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Article, Illustration242 1979-01-09 5 A PIPE and cable locator developed by a British electronic instrument manufacturer will trace all kinds of metallic pipe and live cables down to a depth of 3 metres dependent on soil conditions and the age and dimension of the cable or pipe. The Parametron JlO7B was242 words
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543 1979-01-09 5 NYT THE FEDERAL government continues to favour corporate giants with research contracts, despite evidence that smaller firms are more innovative, a US congressional report charges. An unrelated (and unreleased) Commerce Department study obtained by The Washington Star also supports that conclusion. The congressionalNYT - 543 words
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596 1979-01-09 5 Reuter ENCOURAGED by the recent "taxpayers' revolt" In California, a growing grass roots movement is underway to abolish the US$l9O billion (SS4IB billion) paid out yearly in Federal personal income taxes. Spearheading the drive is Mr Armin Moths, a 54-year-old building contractor from California, who isReuter - 596 words
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WORLD IN BRIEF
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Article490 1979-01-09 5 FLOODS in the far north of Australia following heavy rain have caused damage estimated at millions of dollars. As floodwaters receded yesterday, farmers in the Cairns district of Queensland estimated they had lost up to 15 per cent of their sugar crop. CANADIAN Trade Minister Mr. Jack490 words
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Page 5 Advertisements
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Advertisement153 1979-01-09 5 What profits have you made on your investments last year? Average Annual Return (AAR) Dec.l977—June 1978 Sources of the Data Gold based on the London fixing Silver based on New York spot prices Total Return of Common Stocks Standard Poor s Composite Index Diamonds based on finest quality brilhant-cut of153 words
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Article488 1979-01-09 6 AS FAR back as July last year, the top brass of Sime Darby was hotly denying that the stake it had built up in Guthrie Corporation was not meant as a launching pad for a full-scale takeover bid. Cynical observers ourselves foremost among them treated488 words
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Article329 1979-01-09 6 THE NATIONAL Productivity Board's critique of the merit and demerit schemes be taken as it is just a critique. By no means should Singapore firms planning or introducing such schemes be discouraged or encouraged because they happen to fall into one or the329 words
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Article, Illustration1401 1979-01-09 6 TYE KIM KHIAT - By TYE KIM KHIAT MONEY IS the root of all evil, ginseng the root of all goodness and success. Of course, such a sweeping simplification of worldly affairs cannot be acceptable, even to the layman. True, that wonder root with all its acclaimed1,401 words
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Page 6 Advertisements
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Advertisement133 1979-01-09 6 Mirr > 11 I 1 No dinner is complete without a White Label 'Future Generation' 14 f iE< Just don t mtss them at the ton gar while tney are here Also on stage to a non-stop musical delight The best place to wine and dine in the world's fourth133 words
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Page 6 Miscellaneous
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Miscellaneous47 1979-01-09 6 3n^tdW r :l rarxkLDid<&iS I koll upi Roll up' Ger N/our "Hewers Tne CHe-sTee-f^pR V SfbfiTS fVX> socirl Club PuDsumrvieß COW3£CT IvKS tu "OuT N/ou've rr u>gQM&.... I no toe hrvcn'T. TORT'S Tne OLD G-NGUSH lorn/ Of .SffetiiNG IT.. W VOUR CXJNJ VCRNRCULPrt?— ,G£TT£ LOT tpkc »T47 words
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Miscellaneous684 1979-01-09 6 TV TONIGHT'S THE NIGHT VEBY FEW J3, •*r Sea mw Sa irw Kfiuf *r ic=9tit n* hu all the •f the lead (HVtJ ta rale. M*t W all, b her eajaymeat af the m SSPE s gi SINGAPORE 5 3.00 PM Openinf and I Dream of Jeanrie (repeat) 3.30 Diary684 words
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Article, Illustration849 1979-01-09 7 ARUN BHATTACHARJEE - By ARUN BHATTACHARJEE OVER 300 private and government decision-makers from three continents recently met in New Delhi on a matter that affects the very essence of their development: the transfer of appropriate technology from one developing country to another. Technology plays an849 words
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316 1979-01-09 7 LEONARD SILK - By LEONARD SILK WHY HAVE the United States and West Germany, with roughly comparable rates of monetary growth in recent years, differed so greatly in their rates of inflation? One of the oldest pieces of apparatus in the economist's tool kit the so-called equation of316 words
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473 1979-01-09 7 GRESHAM'S LAW NYT Historically, American consumers have reacted to inflation by cutting their spending and increasing their saving. This apparently irrational behaviour contradicted conventional economic theory, which postulated that inflation would cause consumers to buy more before prices went still higher. ProfessorNYT - 473 words
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115 1979-01-09 7 BAEY CHENG SIONG - Letter to the Editor j BAEY CHENG SIONG Management Accountant I REFER to yMr report en page 3 of last Thursday's (Jaa 4) Business Times regarding Patrick Lee's achievement of the Joint Diploma in the Management Accounting services. In paragraph six of year article,115 words
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Article374 1979-01-09 7 AN UNFORTUNATE picture framer, berated by a colleague for not sticking to the colours specified on the order he had transposed the two colours backing a pair of paintings on silk deferentially asked for the instructions to be repeated again, which the fuming customer duly did374 words
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923 1979-01-09 7 Drew Middleton - Hanoi to get a taste of its own medicine guerilla war [FOBPMi ...with Drew Middleton NYT THE CAPTURE of Phnom Penh is unlikely to end resistance to the Vietnamesesupported insurgents who drove the government from the city. That resistance is now expected to take a new course, relying almost exclusivelyNYT - 923 words
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Page 7 Advertisements
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Advertisement379 1979-01-09 7 and where H Lite up your life at Vanda Live it up at the newly renovated aJJJV Vanda Bar, Styled for comfort mom and good cheers Sing along with our resident duet George David to your favourite request Happy Hours from 5p.m.-8p m 30% discount Singapore Oochid Inn c 14379 words
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INTERNATIONAL STOCKS
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Article627 1979-01-09 8 TOKYO Source: DBS-Daiwa Securities THE MARKET was bullish with attention mainly on medium-sized blue chips and large-capital stocks due to buying by mutual funds and corporate investors. Foreign investors remained cautious owing to the recent high price level. Turnover was relatively heavy with an estimated 450Source: DBS-Daiwa Securities - 627 words
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Article380 1979-01-09 8 THE MARKET rose marginally yestesday as investor interest waned in afternoon trading after a firm morning, dealers said. BHP rose to $9.42, but eased hack in the afternoon to close at $9.34 for a net gain of 4 cents. Other oil stocks fell back with gains being made only380 words
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Article250 1979-01-09 8 JuM Baht 4■/Bank of Asia Bangkok Bank 254 400 -6 -2 Bank of Ayudhaya Ltd Bangkok Metropolitan Bank 278 unq -2 Thai Commercial Bank That Danu Bank Thai Formers Bank unq 438 382 -4 U nlon Bank of Thailand Industrial Finance Corp 381 2.SIS -20 Bangkok Investment First Turst250 words
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Article31 1979-01-09 8 H.K.HANG SENO Monday 504.52 Friday 506 40 Week Ago 400 34 SYDNEY INDUSTRIALS Monday 465.15 Friday 464.06 Week Ago 455.13 ALL ORDINARIE8 Monday 552.27 Friday 551.87 Week Ago 537.3831 words
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Article341 1979-01-09 8 Source: SHK Sec Ltd PRICES eased fractionally yesterday on an extremely low turnover due to a lack of interest and apprehension over the outcome of two land auctions to take place in Hongkong today. Although the two sites are not in prime locations, analysts believe the outcome will pointSource: SHK Sec Ltd - 341 words
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Article166 1979-01-09 8 THE MARKET closed higher across the board yesterday with turnover rising slightly to 33.4 million pesos from Friday's 33.3 million. Gainers included Atlas Con B, Benguet Con B, Lepanto B, San Miguel, Oriental B, Phil Overseas and BF Goodrich while Acoje Mining, Baguio Gold, Landoil B, Podco B, Pogei,166 words
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Article45 1979-01-09 8 TOSHIBA, a major Japanese electric machinery maker, and its 32 subsidiaries have reported aftertax profit totalling 9.12 billion yen in the April-Septem-ber period, a 4.1-fold rise over the previous six-month period. Sales in the period amounted to 865 billion yen, up 9 per cent.45 words
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Article117 1979-01-09 8 Reuter THE ALGERIAN National Oil and Gas Company, Sonatrach, has signed a contract with the US firm Bechtel for the construction of a pipeline carrying up to nine million tonnes of liquefied petroleum gas (LPG) a year, the Algerie Presse Service reported. The 61-cm pipe, betweenReuter - 117 words
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Article91 1979-01-09 8 Reuter ICL expects continued sales and profit growth in the year ending Sept 30, 1978, providing industrial relations continue to improve and sterling remains reasonably stable. Chairman T. C. Hudson in the annual report said the recent management restructuring should speed up decision- making, while theReuter - 91 words
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499 1979-01-09 8 Washington Star TRAILWAYS INC., America's second largest bus company, has asked the Interstate Commerce Commission (ICC) to approve a US$63 (Ssl37) "go-any-where" one-way weekend tare the latest move in a year-long tare-cutting battle with Greyhound Corp. If approved, as anticipated, Trailways saidWashington Star - 499 words
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135 1979-01-09 8 FALCONBRIDGE Nickel Mines Ltd said it plans to increase production by about 10 per cent at its Sudbury nickel mines. Lite company told union employees it plans to recall as many as 250 laid-off employees during the first half oI this year to meet operating135 words
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Article132 1979-01-09 8 Landis Gyr foresees downturn THE SWISS electicai engineering concern Landis and Gyr does not expect fiscal 1979 to produce the same favourable results as the financial year which ended on Sept 30, 1978, according to parent management chairman Mr. Gottfried Straub-Gyr. For the time being 1979 must be seen as132 words
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Article81 1979-01-09 8 Reuter CONSTRUCTION company John Brown Ltd, whollyowned subsidiary of John Brown and Co Ltd in London, said it obtained a £26 million contract to supply and commission a high density polyethylene plant in China's Shan Tung province. It said the contract was signed on Dec 19 with theReuter - 81 words
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Article78 1979-01-09 8 THE MERIDIEN Hotel chain, a subsidiary of Air France, is to open a second one early in 1981 in Saudi Arabia, at A 1 Khobar-Dah-ran, in the centre of the country's oilfields region, it was announced in Paris over the weekend. The deal was signed with one78 words
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Article446 1979-01-09 8 NYT FAIRCHILD Industries plans to purchase a 20.7 per cent interest in the Bunker Ramo Corporation and to explore the possibility of mutually beneficial business connections with Bunker Ramo. The proposed U5527.4 million investment would give Fairchild, an aerospace company with annual sales of moreNYT - 446 words
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507 1979-01-09 8 NYT THE UNITED Technologies Corp. announced that it had named seven of its directors to the board of the Carrier Corp., despite renewed federal anti-trust action and the opposition of Carrier's management. United Technologies also said it planned to issue new convertible preferred stockNYT - 507 words
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115 1979-01-09 8 Reuter OCCIDENTAL Petroleum Corp of Los Angeles said it discovered a new oil field en its newly acquired Block 1-B in the Amazon Basin of Peru. The discovery well, Jacinto Number One, was completed in two productive zones. One zone tested at the rateReuter - 115 words
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Article54 1979-01-09 8 Reuter W.R. GRACE and Company said it plans to buy all of Daylin Incorporated's stock for a total of about US$l29 million or $3.75 a share. Daylin operates borne improvement centres and pharmacies. In addition to its chemical interests, Grace too operates a chain ofReuter - 54 words
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1318 1979-01-09 8 NYT CORPORATE America is willing to accept the likelihood of an economic slowdown this year, particularly in the final two quarters, but most business leaders are not wholly swallowing the forecasts of a recession. Indeed, many are convinced that there is still perceptNYT - 1,318 words
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Article99 1979-01-09 8 THE total vtiuH «f tradta* >■ the firs* Stock bcfeMft (ABE) wffl g* mr IDU *arm rksaglag tea* dariag the past ASE WMte relatively M^napiii^wttk Hgkt sa tarfci, Men It speasd Ms dears tost Us expected aa tocrcaae k total tanever «f M per mat aezt year.99 words
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Page 8 Advertisements
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Advertisement217 1979-01-09 8 •a I J L J TO U|#Kw UU mmm# nnur tlfj a t»ny RRV Vwiy yvw wi™ ino you eon mora ahMdwHh to fttQtlT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUOfCS DIVISION for any of tlw foAowfcif ooonai mml frt jMtit THAT QUALIFICATION! IWOLSEY HALL OXFORD I fiW'ul I217 words
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BANKING AND FINANCE
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Article397 1979-01-09 9 THREE mn lead!ag haaks have raised their prime leadlog rates la the wake sf ethers la past weeks. Develepmeat Baak sf Slagapere aad Malayaa Baaklag npped their PLBs to 7JL per eeat yesterday, aad Chartered Baak will raise Its ewa to 7.75 tram today. Ia397 words
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Article, Illustration593 1979-01-09 9 THE average growth rate ~for the region in the next decade will be among the highest in the world and the iJinancial requirements of the region will be commenA surate with this trend, says a newly arrived syndication specialist, Mr Afzal A. Raza. Mr Raza has officially taken593 words
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MONEY AND EXCHANGES
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Article433 1979-01-09 9 THE US dollar was traded down against major currencies on the foreign exchange market yesterday, with considerable losses against the Japanese yen. From an opening of *****/ 50, the US dollar was taken •down one way against the yen. Close of the day saw the dollar much weaker433 words
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Article203 1979-01-09 9 Asian rates L.ASIAN currency deposit ,'interbank rates as at close on Jan 8 Closing Asian dollar certificates of deposit for prime names: I'S Dollar*)Spot) L. Offer Bid l >f 7 days 10 7/16 105/16 1 month 1013/*****1/16 2 months 113/16 111/16 3 months 11'. ll'n ''"6 months 123/16 12 1/16203 words
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Article46 1979-01-09 9 Range of prices offered by discount bouses o« Jan 8: Overnight 4''% Call deposits 4'»% Closing Bayiag Selling 3 month Treasury bills 4'« 4 3 month Bank bills V v. 3 month CD 7*. 7'. 6 month CO 7'. 7>, Source: National Discount Co Ltd.46 words
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Article21 1979-01-09 9 'THE average rate at which Singapore banks are currently prepared to lend to their best customers is 7.75 per cent.21 words
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357 1979-01-09 9 GOLD FUTURES in Singapore yesterday turned firmer alter an easier opening but prices still closed lower on balance from last Friday's close, dealers said. Opening quotations were marked down about US$2 an ounce in most positions, reflecting overnight weakness in New York last357 words
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Article286 1979-01-09 9 THE DOLLAR in London yesterday opened easier in thin trading against all major currencies, dealers said. It was quoted at 1.8360/70 marks against Friday's 1.8487/8502 mark close, 1.6355/70 Swiss francs against the 1.6465/85 close, 195.15/30 yen against 196.30/ 50 on Friday's close and the 195.35 yen finish in Tokyo286 words
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Article179 1979-01-09 9 THE US dollar yesterday traded weaker on balance against continental currencies and the yen in fairly active volatile business. Sentiment was unsettled by developments in Kampuchea with the dollar's movement partly reflecting adjustment by operators who had squared positions before the weekend ahead of the Guadeloupe summit. The Hongkong179 words
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Article134 1979-01-09 9 THE US dollar for overnight delivery in Tokyo yesterday closed weaker at 195.35 yen, down from a 196.80 opening and 196.85 at last Friday's close, dealers said. The dollar fell briefly to a low of 195.15 yen shortly before the close as foreign banks sold dollars to buy yen134 words
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Article47 1979-01-09 9 FRANKFURT exchanges opening quotes yesterday: US 1 MOO IS Can ***** ***** St* 3 713 723 DflS2.«7 Sir 111 96 112 25 Lit 2.207 217 Ffr 43 (2 72 Nkr 36 65 75 Bfr con 6 328 338 Bfr fin 6256 8296 Y«i 0 MOO X)47 words
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Article56 1979-01-09 9 AUSTRALIA/NZ exchanges quotes yesterday: US doUar 1.1*1.140 Sterling 0 5489 0 5625 Ninety-day air mail buying rata: Sterling 05*17 US dollar* 11*92 Nitty-day forward buying rate*: Sterling 0 5737 US dollari 1.15*1 New Zealand Sterling 0 5273 0 53* US dollar 1 O*K 1 06*t Ninety-day airmail buytag rate*56 words
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Article, Illustration720 1979-01-09 9 COLIN CHEE - DRAIN FROM TAX HAVENS By COLIN CHEE THE (act that Singapore is a tax haven is now beginning to appear more of an advantage in its development as a financial centre. This is one view to emerge from both local and foreign bankers here720 words
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Article625 1979-01-09 9 DEXTER Fass and Richard MohJere of Bankers Trust Co. report on the US money market. 'The New Year brought a burst of optimism in the credit markets, producing some sharp gains in the prices of fixed income securities. The sales of the Treasury's new 15-year bond were625 words
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Article172 1979-01-09 9 NYT WITH a steadier dollar and a stock market that many investors see as undervalued, it may seem the wrong time either for institutions or smaller investors to start looking abroad for investment opportunities. Few investment advisers are predicting the same big currency swings and hefty marketNYT - 172 words
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Page 9 Advertisements
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Advertisement170 1979-01-09 9 i: Why W00D"79 is important to you. Between July 16 and 20 1979, South East Asia's leading businessmen and developers in the timber industry, and the world's most established manufacturers of timber equipment will meet in Singapore for Wood '79, the first International Forestry, Timber processing and Woodworking Exhibition to170 words
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DEALS DONE ON THE SES AND KLSE
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Article1308 1979-01-09 10 SECTION ONE INDUSTRIALS Acma (2.098 2.128) (2) 2.10 Allied Choc (1.12B) BAT (1.508 1 52S)CD Bat* (2.208) Ben (0.678 0.685) (1) 0.64 (4) 0.64', (2)065(1)066(1)066', (1) 0.67 Berjaya Kawat (2.708 2.765) (2) 2.74C81 Boustead (2 40B) (3) 2.40 (1) 2.41 Bouateadco (1.778) C A C (5.208) (1) 5151,308 words
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Article118 1979-01-09 10 4 1/2% 1/8/80 (250.000) (99.258 99.355) 4 3/4% 15/9/80 (250,000) (99 558 99.655) 5% T F 1/5/83 (2S0.000) (100.108 100.255) 5 3/4% T F 15/6/81-84 (250,000) (102.305) 7% 1/8/85 (250,000) (100 658 100 80S) 7 1/4% 15/4/86 (250,000) (100.80B) 7 1/4% 15/10/86 250,000) (100.70B) 7 1/4% 1/5/87 (250,000)118 words
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Article251 1979-01-09 10 Strikii« prices at the options officially Listed on the Stock E*ch*ng* of Singapore, the period, bids and offered prices »nd business done yesterday with the number of options traded shown in brackets CsM Storage (March $1.80) (0 SOB o.«sr F E (March $1.45) (0.358 0.435). Stese Darby (March251 words
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Article143 1979-01-09 10 SINGAPORE UNTT TRUST (Mi-lW prtnan htJHl) The Commerce 2.11 2.24 The Saving Fund 1.32 140 S pore Prog Fund o.M O SS S pore Sec. Fund 1.72 l.«2 S pore Invent Fund 1.23 INCOME BON1 (Carnal pt Income Bond KARA IUOPUT D UNIT tone) 1.12 1.11 RA FUND143 words
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Article2550 1979-01-09 10 1978/79 Hick Low Company Last Sale orGr'i Div Div C*vr Gr*» Y'ld Net P/E Vol Day ("OOO) High Low SECTION ONE INDUSTRIALS 272 238 178 219 275 111 280 326 245 660 132 Aetna 123* Alcom 107 Allied Choc 133 BAt 195* Bala 59 Ben 162 Berjaya2,550 words
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Article1650 1979-01-09 10 NOUSTRIALS Acmi 12.1 (IB; Apnemete I 2 60B). A leant tl 928) (1) 1 VI A Ch«c a 1381 (1) 113 ■ata i2.248t. Ben (0 67|8 0 68S) (2> 0 .68. Kawat <2 HOB 2.MS) (1) 2 85 (3) 2 82 <1> 2>l (3) 2 SO CBI.1,650 words
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Article, Illustration554 1979-01-09 10 SHAKE PRICES apSMd easier at the Stock Exrtaip sf fligipwn yesterday foUowtag advene aews of the Kampaeheaa sitaattee aver the week' cad. was a* traders gaaged the Market reaettoa to the aews. Bat having already illhdni a Head d had aews la554 words
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443 1979-01-09 10 LAST-MINUTE buying support in the more popular issues helped the Kuala Lumpur stock market to recover some of its ground lost in the morning, resulting in a steadier close yeaterday. Opening deals were (airly promising on account of some weekend carry-over interest, which443 words
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Article182 1979-01-09 10 Bavto SEA: EOGM to be held at the Negara Room of the Kuala Lumpur Hilton, Jalan Ismail at 12 nson on Jan 15. Bataaaa HydraaBe Tin BM EOGM to be held at 25, Beach Street, Penang, at 12 noon on Jan 18. Berjaya Kawat Bhd: EOGM to be182 words
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COMPANY NEWS
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236 1979-01-09 11 BERJUNTAI Tla Dredglag ku tamed la a 7 per eeat rise ia pre tn profit to M$2SJt mllltoa far toe halt-year eaded Oct. SI, lf», despite a deellae la eatpat (ram toe high «f 41JM pieals to aaly XI, m pieais this time. This 19236 words
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Article, Illustration779 1979-01-09 11 MANO SABNANI - By MANO SABNANI A STRONG sales performance by the Singapore-based parent company in the second-half of its financial year provided a renewed thrust to growth for Yeo Hiap Seng (YHS). Consolidated group pretax profit for the year ended last Sept 30 was $9.91 million, 39779 words
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Article, Illustration1380 1979-01-09 11 FOR the Malaysian equity market, 1978 has turned out to be a traumatic year indeed. Although the market experienced one of its most sustained recoveries in five years, it also suffered one of the sharpest setbacks. The violent fluctuation in sentiment from near euphoria for almost1,380 words
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Article434 1979-01-09 11 Current Ex Books Date Total for Total for Payment Date Cloae Payable the year Previous year Bouateadco 2.5% I Dec 22 Dec 30 Jan 9 £5% 12.5% PMC SHI Dec 12 Dec 22 Jan 10 5% 15% K Kampar 30% I Dec 15 Dec 28 Jan 11 30%434 words
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Article198 1979-01-09 11 Company Particulars Ex Date Books Close S'pore Land Rights issue of 1 for 3 (g $1 40 per share Dec 15 Dec 22 Synthetic Resins Rights Issue of 2 for 5 Fed.Cables $1.00 per share Dec 13 Dec 28 Rights Issue of 5 for 8 G Ceramics if198 words
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Article79 1979-01-09 11 JACK CHLA-MPH bi lariraeni Ha AtnMOK la Ita saheMlary, Maafalr Optical (Pte), trwa IMS per eeat ta ■ifiiaTi nemt rigW SSJJ? LCS The earreat laeaed aad pald-ap^capttaT eMtoatelr b $2.14 ariWea. It Is lafeaiei that the aaaw ef the nMI ary be phaagei ta Jack CMa Ttaiag79 words
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Article844 1979-01-09 11 HOCK LOCK SIEW THE DOCUMENT tamed by Ike beard 4 directors «f Stag»pm FTmaee Iff Mli thai Ike wtaaer «f the tosale ler the finance empuy will alee have to carry ting few executive directors ler at least the aext three years. Oa w—M- atoae, that weeksHOCK LOCK SIEW - 844 words
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Page 11 Advertisements
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Advertisement144 1979-01-09 11 o THIS WATKINSON SYSTEM Never Say No Bass, Say The Best POWER COMES FROM YOUR AMP'S TANK Watts Gush Like Water Off Tap MASK DOMESTIC NOISE Quieter Environment, Better Stereo TAPE PERFECT SOUND EFFECTS Waterfall Is Yours For A Ripple WHAT'S IMPORTANT WITH SPEAKERS Phase Coherency Is Not TELLS YOU144 words
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Article, Illustration853 1979-01-09 12 Reuter AFP CHINA is unlikely to go to war with Vietnam and any Chinese arms support for a guerrilla-type campaign against Vietnamese-backed insurgents in Cambodia could be "doomed" in advance, diplomatic sources said in Hongkong yesterday. China and Vietnam have traded insultsReuter; AFP - 853 words
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Article, Illustration595 1979-01-09 12 AFP CAMBODIAN Prince Norodom Sihanouk warned in Peking yesterday the Soviet-supported Vietnamese aggression in his country will move to Thailand, Singapore, Malaysia and the whole of South-east Asia, after swallowing Cambodia. Quoted by Hsinhua News Agency the former Cambodian head of state said that ifAFP - 595 words
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Article770 1979-01-09 12 LONDON, Mon. The market was firmer in quiet trading, dealers said. At 3 p.m. the Financial Times index was up 2.6 points at 482.1. The firmer trend reflected the acceptance by Esso and Shell tanker drivers of the companies' pay offer, but the continuing road haulage dispute still770 words
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Article118 1979-01-09 12 AP VIETNAMESE refugees are on the agenda of a meeting of senior officials of Asean which began yesterday. The two-day session will also lay the groundwork for an Asean standing committee meeting starting on Wednesday to discuss Vietnamese refugee problems. Refugees have .been arriving in allAP - 118 words
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326 1979-01-09 12 Reuter ASEAN yesterday spelled out its objections to Australia's new cheap air fares policy in talks in Canberra aimed at clearing the air over the issue. Malaysia's delegate to the four-day meeting which began yesterday said Asean was worried because of the restrictionsReuter - 326 words
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Article200 1979-01-09 12 THE SINGAPORE Tourist Promotion Board saw many resignations of middle management staff over the last few months. Seven officers sent in their resignations earlier this month, sources said. These resignations will to an extent cripple the facilitations department of the board. The assistant director of200 words
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Article40 1979-01-09 12 AN ELECTIONS eemmittee, fcwiel by Mr. CM CM Tug, depaty ergaaiaiag secretary at the People's Aettei Party, hai beea appelated far the eemtag hy-electta—. The PAP'S seeeai depaty ergaaiaiag secretary, Mr. Lim Ghee Oaa, was appelated vfteechalrmaa.40 words
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689 1979-01-09 12 Reuter INDONESIAN President Suharto yesterday unveiled the budget providing for a 44 per cent increase in spending in the fiscal year starting April 1 and promised his government would try to limit inflation to around 10 per cent. Against the background of the NovemberReuter - 689 words
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Page 12 Advertisements
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Advertisement205 1979-01-09 12 8m F*rmm...Page 7 A leading U.S. wholesale bank with an established regional office in Singapore and merchant banking subsidiaries in the region is seeking a FINANCIAL ANALYST This is a mainstream position involving regional travel and contact with industry, commerce and governments. The successful candidate would be expected to participate205 words
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Page 12 Miscellaneous
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Miscellaneous65 1979-01-09 12 W E AT:H E R Outlook for Singapore from 6 a.m. to noon today: Windy. Report for 24 bears prtor to 7M pan. m Jam 8 at the airpert: Maximum temperature 31.0 C Associated humidity 61 Minimum temperature 23.0 C Associated humidity 96 Hours of sunshine 9.80 Rainfall in millimetres65 words
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SHIPPING TIMES
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PORTSIDES
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Article53 1979-01-09 13 Reuter POLAND and Pakistan have finalised a US$9O million (Ssl96 million) agreement under which Poland will deliver five ships in 1981 and three in 1962 to Pakistan, Shipping Minister Mr.Mustafa Gokal said on his return from Warsaw. A Polish delegation will arrive in Karachi this month to signReuter - 53 words
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Article72 1979-01-09 13 Reuter AN explosion tore apart a 61,766-ton French tanker as it was unloading at the Bantry oil terminal (Ireland) early yesterday. Police said 42 crew and five dock workers were dead or missing. There were no other ships in the area when the blast occurred. The explosion completelyReuter - 72 words
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Article124 1979-01-09 13 THE ADVISORY and Projects section of Lloyd's Register's Hull Structures Department has completed a design appraisal of a variable buoyancy Roll on/Roll off ramp as a replacement for the No. 1 ro-ro berth at Ostend, Belgium. Lloyd's office in Antwerp also surveyed the steel work fabrication of the124 words
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Article535 1979-01-09 13 RAHIM KASSIM - By RAHIM KASSIM THE AMERICAN President Lines put up its best performance in its long history last year. Earnings for the year are likely to equal the total net earnings of the last 10 years. During the first nine months of 1978, APL's earnings535 words
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Article, Illustration403 1979-01-09 13 A NEW hydraulic skidding system designed by MacGregor, the British cargo transfer and access equipment group, will be used to load and launch a giant steel jacket in the North Sea later this year. The jacket weighing 25,000 tonnes, currently being constructed by McDermott of Scotland at its403 words
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4019 1979-01-09 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 of4,019 words
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Article538 1979-01-09 17 Acon&s ACS Afea Aguila Alpac Angkutan Anhsing ANL APL Arya Nat ASCL Asia Merchant Atlas Aust.Cont n n IV IV IV IV IV I m n m m V IV Cai 5 5 3 2 S 3 3 1 2 5 S 4 1 5 Bank BBS Ben Asia538 words
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Article963 1979-01-09 18 r 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 the963 words
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Article908 1979-01-09 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Aconas Line— Aconas Sdn. Bhd. Adriatic Container— Container Feeders. AFEA Line— Singapore Shipping. AguiJa Oriental—Same. Ahli Shipping— Sharjah. Alfred C. Toepfer Line— Intermodal. Algerian National Line (CNAN) —Uni pacific.908 words
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Article, Illustration1103 1979-01-09 18 IT IS not merely the British Government that is adding to the shipping industry's problems by subsidising the building of ships for overseas competitors. British shipowners themselves are adding to their long-term problems by wiling their surplus ships at knock-down prices to the foreign1,103 words
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Article, Illustration308 1979-01-09 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Golden Arrow (1400 after Hosho Maru) 19. Golden Lion (1530) 27/28. Keiyo Maru (2300) 40/41. King Dragon (0600) 23. Kota Maha (after Kota Rukun) 10/11. Nedlloyd SimoiMkerk (0600 after Prinsendam) 3/4. Patrochis (after Songkhla) 33/34. Ra)ah Brooke (1300 after Straits Star) 20.308 words
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Page 13 Advertisements
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Advertisement338 1979-01-09 13 DIRECT DIVERSIFIED DEPENDABLE SERVICES TO/FROM USA ANDCANADA Agents Barber lines Smg»po e Pte Ltd Tet 9265' Harrisons ft Crosiieidl Kuata Lumpur T« MNifl Pernat-MISC Penang Tel ***** J KI)IM \\l A H Orient Overseas Oomi&meA Line FULLY CONTAMUSED TO/FROM US NEST/EAST COASTS. PNW (STRAITS CARGO VIA FEEDER TO/FROM HONG KONG)338 words
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Advertisement360 1979-01-09 13 ifSI SEALORD ANTAH E m UASC UNITED ARAB SHIPPING CO (SAG) All vessels ***** D WT, 105 TON H .L. Derrick 288 TEU Capacity, Long Length Capability. ■ARABIAN GULF WEEKLY SERVICE! S pore I Loading for H Kuwait (23/1), Shuaiba (26/1), Dammam (31/1), Dubai (4/2), Muscat (6/2) Basrah (4/2), Dubai360 words
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Advertisement401 1979-01-09 13 NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SER S QQft P Heunr F stow Hawe Rdai* H'burf 0 KWClfl..l« ran it m la* 2* la* 27 la* am SS BHDtt* 11 to 17 to SFA 2FA 3FA SFA R. CUM.— to 25 to 12 Fat 9FA II401 words
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Advertisement647 1979-01-09 13 Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. Smgjpo" For U S FULLY CONTAINERIZED FAST DIRECT WEEKLY Mo»her VMM* BBSEB Baltimore Charleston 17/ 2 IS/ 2 H 19/ 2 26/2 24 3 3 10/3 FOB fast Asm Hongkong Mania Kedang. Kaoltsrung) (to*jo Kobe Vokokama Osaka647 words
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Page 14 Advertisements
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Advertisement683 1979-01-09 14 -yysr>yyystV>»v>A<s«vvvJ FULLY CONTAMRSED TO EUROPE S'pn PJUImc fm Mm Gmm (fWf IVm Ua 15/2 13/2 ftdumrs 1/ 2 3/ 2 7/ 2 2/3 FUU.T CONTAfOtSED TO CENOA/TRfSTE Spirt P Ma* Gmm Trmtt 18/1 18/2 6/2 13/2 27/1 28/2 16/2 22/2 nUT CONT ABUSED TO I6A/CMMOA FmMt f Mai* S pore683 words
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Advertisement330 1979-01-09 14 :~n n 19-20/3 10/1 13-24/1 w W/L f!P«fSS AKARIA* A*o I«AVA% MOWTS I sem-contaber somes (HEAVY-UFT CAPACITY 2M TONS) T«: DUBAI. DAMMM, BAfOAR SHAPOUR. KUWAIT. KHORRAAISHAR. ABU AGENTS:' Barber Lines Singapore Pte. Ltd. Tel: ***** HARRISONS CROSfIELD (MALAYSIA) SON BHO KUALA LUMPUR *****1 PORT KELANG 6701/4 PERNAS MBC SHIPPING AGENCIES330 words
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Advertisement548 1979-01-09 14 EVERGREEN LINE EVERGREEN MARINE CORPORA! ON FAR EAST/RED SEA, 1 EXPRESS FULL CONTMNER SERVICE ALSO ACCEPTWG CARGO FOR: GENOA. LATTAKIA. BEMUT ALEXANDRIA. BENGHAZI. TWOLI (LBYA) S>rt 'MM tat SMtf Umml fm EotlMmMt 12Mi8Mi2tln»Jn tM If* «F* Em Mp* XMi )M UM UM MM 1» Nb 29 FM Irm Umtj 14548 words
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Advertisement878 1979-01-09 14 "BURMESE NATIONAL LINE" B F.S.S.C Agents in Malaysia: TEPS MALAYSIA Port Kebng TH (38) 7355 Penanj Td. *****/***** IHtwUawm S. A.C.I.F INE NATIONAL LINE' PAIAGONA MM—A Wt 'SuOiect to iMicf»it 5 Tnnsfortaaoii Marttima Mtxicana S. A. S "MEXICAN NATIONAL LINE" K far usi/mco i central mu Zi 10A0MC FOR ENSENADA878 words
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Advertisement644 1979-01-09 14 r mo.s.E. OCEAN SHIPPING ENTERPRISES D TE LTD ?\G? ?10 3 ISTF I -SHE NT ON WAY MISTRI HOI ts{ OR f SANKYO LINE i:7;V OMMMD STAR. MT PtMCE MKT CMP 11/13 km 15/11 Jan 2S/27 Jw 19/20 Jar ma ib SAUL MIL ■B, STO. KLB fjH HL, MO. MOf644 words
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Page 15 Advertisements
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Advertisement856 1979-01-09 15 Overseas Containers Limited COWTWCCW MWCt TO UK/00HT1CTT Oyal contuosmp soma from uk/comtiot SINGAPORE MANSFELD CONTMKR SONKXS. PTE LTD 4360(1 K. LUMPUR CONTMO MEMOES *****4. fJ(EIAMG 3K006/I PE NANG fl/THtt BOUSTEAO SMPPVC MEMOES *****1/3 A SCL Australia Straits Container Line (A IKMBEI OriKMO COMSOtTIiI) 1040 COMDUWEKSHf SEWWCE TO/HOM AUSTRALIA PEMAMG rati856 words
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Advertisement910 1979-01-09 15 GRANARD LINE RELMfti A OEPEMMfILE NON-COIftAEMCE EXPRESS SERVICE •EST KNMD-fM EAST/RKHTEIRAfEAN M» MM FUNS *.2111.. KMONC FWC 123* MV. MM TIT V.2M Tim PJUtang tan SaArt hM 15 tm It tan H tan OHMrti PSata Alexandria Bctritt littakia Pwtw»/ Tr«ok Benghazi/ IstanM Mda* P Sad Afciandria. Imauorßewut lattatia Pireatrt Tripoli910 words
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Advertisement790 1979-01-09 15 BEN LINE CONTAINERS EVKSS CONTMQ SEWICI TO/FROM EIItOPE mtwcbh**w r-dmi mm sort* S port PU*| W Germany/Austria Antotrp franee MUK if' .55 J5 VI 1/1 7/1 1/3 vi vi I n TMtaE«rm IV! IVI VI 10/3 11/1 OMkafcj 22/2 a/2 17/1 11/1 M/l Ik* Mm 2VI IVI IVI 11/1 »j790 words
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Advertisement670 1979-01-09 15 V Scan Dutch V iVF«>TTi fy i:n v 4 vi:« T in^T7i nunu m/i ww——M a/i a wm —I 4/2 MUM 2) Mm 3) Htarf 4) Ctori Klaato wato mM|taq»totoaMk ■OM|hi a/12 iaf ton EASTBOUNP FROM MED/UK. i) 6Mi J) r<w «> rtm himhvmi pu^sm HMKM faM MM MM MM670 words
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Advertisement602 1979-01-09 15 GUTHRIE BOUSTEAD agencies THE BANK LINE LTD. LOADS FOR E. S. AFRICA E i u Nwi Hm tm Span 21/21 tm P Um| M/V tm HKM EAST XMVM HCI EMto* S port Imtf-fm LYKES ORIENT LINE EXPRESS SERVICE MtECT FROM SMGAPORE TO NEW ORLEANS, MOBRI. HOUSTON. GALVESTON. ALSO ACCEPTMG CARGO602 words
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Page 16 Advertisements
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Advertisement903 1979-01-09 16 iM K line KAWASAKI KISEN KAISHA. LTD. i TO EUROPE (accaptog t*jtß ta TcaMbittit na Har**f) FROM EUROPE TO FAR EAST ckwd pru. i« ocvaler ms is icptiw run. is MUCATOR IK P Ketang S port SaMl It tan H tan It tan 21 tan 23 tan 29 tan 31903 words
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Advertisement1033 1979-01-09 16 U.S.A./EAST CANADA SERVICE accepti* fa/ia commas mm pemng, p home, stok I**Mi hr m TOK. nobfou Penanf BtWvan P S«nf jpo*t -wsma mm- (Mu-a so) it/itt. ivum* ivum 11/12 m* E.C./GREAT LAKES SERVICE lm*i tar NWOU mm yom. mortwal Toronto. im«u oetwt. cmcaco Penang Mm* P MM| Smgapore CHNIRMA/PACHC NORTH1,033 words
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Advertisement512 1979-01-09 16 r, :r (ii'oun SINGAPORE SHIPPING AGENCIES PTE ITD •i** m '~H t SIMi iPOKI: ISI i \/)S I/\/ LE EAST REGULAR LINE A SAFE WAV TO SHIP BY SSA N/il tab SRLINES FAST SOS-CO S port P Umi 2/1 Fek 4/5 FA 4/1 Mar 9/11 Mir iM( Rdair Awerp Hb«r|512 words
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Advertisement401 1979-01-09 16 MKMYUAN *iTf*NATIONAI SHIPHNG CORPORATION at*HAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WSI BO—): 1) MaMao Stockholm Olio HMwNu 2) Copenhafen Aartws 3) Bremen 4) Antaerp Amsterdam UK 5) BasJe Bordeaui Also accept m( miermedute caffo to Honjkoni I Japan EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT If Ma* S pore PKetoni L»a**401 words
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Advertisement724 1979-01-09 16 INTRASEA (PTE) LTD 1 House ..34E o<chard Ro<d Singapore 9 T elf>phone «.352t 11 23>40'*" reguar mxnmem sen/fuu contmner service to europc VS™ *tm le*afm 20 if Ma aim humwax Aotterdan 21 hk UM T' Aiw Nwtwi mb Smtmmt MMSi (PK) (It nut 11 -HUB «B tmm luwt ww mm724 words
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Page 17 Advertisements
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Advertisement100 1979-01-09 17 SHIPPING international (farrier* fPte i£,td. 17C. Upper Crate Road, Sinf apart 1. I«t *****7. *****3, *****5 STOtt 15/17 l» LOAOM6 FOR i ATLAS (.PES, CWTTAGONG INDEPENDENT SERVICE AT VERY COMPETITIVE RATES skunk nmaiMc rows M SALH* DOT 1 CON 4VIM. M awn 11/12 HOT 2 MM 14/ It 17/11 IJ/20100 words
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Advertisement120 1979-01-09 17 SPEED LINE tauM i otmubo yyuwc to bangk a ETASTONE LOADXG FOB speed success SPEED prosper BANGKOK BANGKOK SMPTM6 (S) COVN. TEL: *****82/3 ft *****40 HOE HOE SHIPPING CO. 6th FL DUNN HOUSE 90 CECIL STREI SINGAPORE TEL *****66 14 LINES) V HONG CNS HONG W0N.... MGANTMA I. HONG MM120 words
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Advertisement108 1979-01-09 17 NOTICES .v. "CHIDAMBARAM- VOY: 107 arrived sth January, 1979. at PiLA. Godown No*. 1/1 General Survey of damaged cargo ex the above vessel will be held on Friday 12th January, 1979. as from 9.00 a.m to 5.00 p.m. No further survey will be held after this date. Agents:R JUMABHOY SONS108 words
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