The Business Times, 10 January 1979
1979-01-10
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The Business Times
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Title Section11 1979-01-10 1 BUSINESS TIMES N«. m/ 1/19 WEDNESDAY, JANUARY If, ltfl 50 CENTS11 words
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BRIEFLY...
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Article97 1979-01-10 1 AP PARIS, Tues. The price of oil is likely to rise another 50 per cent by 1985 compared with prices a year ago and stand at US$2O-25 dollars a barrel, according to a government-commissioned study. The study was completed last February, before the latest price rise,AP - 97 words
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Article63 1979-01-10 1 AFP MANILA, Tues. Philippine President Marcos has confirmed he would revamp his Cabinet, but said he is taking his time scouting for "highcalibre men and women" as replacements, it was reported today# Columnist Jesus Bigornia of the Bulletin Today newspaper said the presidential palace complained there had beenAFP - 63 words
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Article78 1979-01-10 1 UPI TEHRAN, Tues. The Shah's new civilian government today lost a key minister, apparently because of disagreement over the future role of the Iranian military. Gen. Fereidoun Jam, named war minister in Premier Shahpour Bakhtiar's four-day-old Cabinet, has decided not to join the government, diplomatic sources said.UPI - 78 words
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Article99 1979-01-10 1 AFP TOKYO, Tues. Wacoal Inc., Japan's biggest women's underwear maker, will start a joint venture with a Chinese industrial corporation to produce brassieres in China, the company's president disclosed today. Mr. Koichi Tsukamoto said the idea was to help boost China's exports and that Wacoal will import allAFP - 99 words
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Article70 1979-01-10 1 UPI CAIRO, Tues. President Anwar Sadat said today peace between Egypt and Israel will be realised despite the "hesitation" of Israeli Prime Minister Menachem Begin and 95 per cent of the work towards a peace treaty has been accomplished already. Mr. Sadat said he had notUPI - 70 words
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Article74 1979-01-10 1 AP NEW YORK, Tues.— The stock market pushed ahead yesterday morning, resuming its early-1979 rally after Monday's mild setback. The Dow Jones average of 30 industrials climbed 3.46 points to 831.60 in the first half hour. Gainers took a 5-to-3 lead over losers in the early tally ofAP - 74 words
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Chief Price Changes
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Article134 1979-01-10 1 Rises Most Active Sel Coconuts M T C Malayan Tin Tractors 318 424 1170 515 28 22 20 15 S Darby H Par G I Hldgs 604,000 151,000 122,000 Guthrie 164 15 Wearnes 107.000 Sime Darby 326 12 Total Turnover: 4.18m Dun lop Est VIC 389 300134 words
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Article, Illustration143 1979-01-10 1 Rises Most Active A Hitam Tin 1140 60 S Darby 896,000 Tractors 535 35 Consplant 228,000 Oriental 550 20 H Par 135,000 Kamunting 200 14 KL Kepong 131.000 G Ropel S Darby Consplant Wrts 236 14 Total Turnover: 2.65m 336 350 14 12 Total Value: MJ7.27m T143 words
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Article685 1979-01-10 1 RONNIE LIM,FONG MEW LENG - NEW JURONG PLANT By RONNIE LIM,FONG MEW LENG THE AMERICAN multinational corporation, Union Carbide, is on the expansion path again in Singapore. This year it will be investing in an additional large-scale, technologyintensive plant exceeding $30 million, producing upmarket button-cell and dry cell batteries for685 words
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Article, Illustration460 1979-01-10 1 A BIG increase in Chinese troops and war equipment near Vietnam's border have been reported by American officials and the State Department said it fears the Kampuchea-Viet-nam conflict "could involve other players." The department put the blame squarely on the Hanoi government. "Vietnam isAP photo - 460 words
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Article231 1979-01-10 1 MALAYSIAN Deputy Prime Minister Datuk Sri Dr. Mahathir Mohamad yesterday described Sime Darby's bid to take over Guthrie Corporation as "a legitimate takeover with no fiddling around or asset stripping." He said the bid by Sime was an investment exercise aimed at promoting the interests of231 words
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266 1979-01-10 1 TUN TAN Sew Sto, ehalrbu af SUne Darky Haldl«|«, Mtlw* la Saktfe yesterday far tilh with lealtr gtvemacat affldab which Buy malt la several large scale prajeets eemiag ea straun la the Bart Malay riaa stale. While the Sme graap Is a266 words
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561 1979-01-10 1 THE Prime Minister, Mr. Lee Kuan Yew, was awarded $130,000 damages and costs in his defamation suit against politician lawyer, Mr. J. B. Jeyaretnam, in the High Court yesterday. However, Mr.K.E. Hilborne, for Mr. Jeyaretnam, said his client would be appealing. He asked for561 words
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Page 1 Advertisements
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Advertisement31 1979-01-10 1 whatever you need menswear,get it at MOHAN'S DEPT. STORE (PTE.) LTD. 321. Orchard Road Itt *****22 (next to Mandarin Hotel) Branch: 101,IfcnglinShopping Centra T* *****40 Oaily :9am-9 pm •SEE PAGE 531 words
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Advertisement62 1979-01-10 1 FRATA FRATA NEWS WE COMMENCED BUSINESS ON 2ND JANUARY 1979, OFFERING SHIPPING AND FREIGHT FORWARDING SERVICES TO EUROPE, AUSTRALIA AND THE FAR EAST FOR FREIGHT ENQUIRIES PLEASE CONTACT: MR. R.D. FRASER MR. TAN KAY HOCK MRS. JUDY TEO MISS JUAN MEE FEN MISS ROSALIND TAY FRATA SHIPPING PTC. LTD. Suite62 words
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Advertisement22 1979-01-10 1 mm. SHIPPING TIMES SET. 'Mm! MEMOPAD t, CROSSWORD I, AIRCRAFT SCHEDULE S, TV RADIO f, STRAWS IN THE WIND 1, FOREX t,22 words
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Advertisement222 1979-01-10 1 Cool tmlthy pottutton-tree driving with ▲mAßuenu COOLMASTER •CAP AIR CONDITIONER 1 5-ii golohill plaza Singapore n rn «n« MOWVENOCR STUCET 12 TEIiSS» oihfelti w«r» V StVv •V The Editor 4C—a robust yet very elegant, machine. The heavy-duty Editor 4C is built for continuous use This is a very tough, fast222 words
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TRADE AND INDUSTRY
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918 1979-01-10 2 FONG MEW LENG - By FONG MEW LENG SAUDI Arabia, the second biggest West Asian importer of Singapore shoes after Kuwait, has reduced import duty on all imported shoes from 20 per cent to 3 per cent. This brings its duty on imported shoes from being918 words
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679 1979-01-10 2 GOH ENG KEE - By GOH ENG KEE SINGAPORE'S best hope of sustaining the impressive productivity growth of the last decade lies in drawing from the pool of foreign technology and management available, to ensure that local labour and management learn as much as it can. This point was679 words
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Article84 1979-01-10 2 THE PHILIPPINES expects to export more than M,IM tonnes of rice this year, National Grains Administrator Jesus Tancbangco said in Manila yesterday. Negotiations were going on with several West Asia and East African countries for sales, he said in a statement. He did not elaborate, bat trade84 words
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171 1979-01-10 2 ABOUT M per mat ml the exMMt s fMt at the fsrthcamlag exhlMttoa, Wasd If, kas beta total ap. TV Tgaatoscs 4mhlM lag riaee'tok*L the feat sack fair to to staged tore. Waad Tf, the lateraatlaaal lenatij drvrltpneat, tlmtor pmenhg aid wdnarttar171 words
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Article89 1979-01-10 2 MALAYSIAN Finance and Trade and Industry officials will meet in Kuala Lumpur today to consider ways to bring down the retail price of colour TV sets, the Parliament was told yesterday. The Deputy Minister of Trade and Industry, Datuk Lew Sip Hon, said it was the89 words
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Article, Illustration313 1979-01-10 2 TSANG SAU YIN - By TSANG SAU YIN ANOTHER ICE cream chain will join the growing frosty bandwagon in Singapore in mid-1979. Swensen's Ice Cream Company announced that a chain of Swensen's ice cream parlours will be built in Singapore, Hongkong, Macau, Malaysia and Brunei by Swensen's Ice Cream of313 words
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379 1979-01-10 2 SINGAPORE'S exports to Abu Dhabi, one of the seven of the United Arab Emirates, have increased by more than 21 times between 1973 and 1977. In 1973, Singapore exported Dirham 2.9 million (551.74 million) worth to Abu Dhabi. By 1977, the amount of exports379 words
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Article, Illustration517 1979-01-10 2 A LOCAL subsidiary of an American corporation has established a training centre to meet the region's needs for engineer training in digital and analog process management and control systems. Foxboro Far East, a subsidiary of the Foxboro Company, has held two courses since the centre517 words
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151 1979-01-10 2 EMPLOYEES of six production departments of a Chinese daily newspaper. Sin Chew Jit Poh, will join the Singapore Industrial Labour Organisation (Silo). Silo said yesterday that an overwhelming majority or more than 140 of the workers eligible to join have signed application forms to151 words
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Article449 1979-01-10 2 COURSES AND TALKS Nov 6-Jan 27: Life insurance agents certificate course (English and Chinese), SITC, SITC Jan 13 A 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: IE449 words
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319 1979-01-10 2 THE NTUC Welcome Consumers' Cooperative will pay a 6 per cent dividend, the highest permitted by the constitution, on fully-pakl shares. This was disclosed by Mr Lim Kim San, Minister of National Development and chairman of the board of trustees, last night319 words
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Page 2 Advertisements
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Advertisement77 1979-01-10 2 BOOK NOW Early servicing enables your Yellow Pages Representative to give you his personalised service for an effective Yellow Pages Programme. Completion of Your Booking ensures maximum attention to your advertising by Production Department. Errors unfortunately do happen and last minute decisions could be the Businessmen don't be left out.77 words
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REGIONAL
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599 1979-01-10 3 8.4,.9,0 2,0,0 MALAYSIA can become a signatory of the Universal Copyright Convention despite the provisions of its copyright legislation enacted in 1969, Malaysian Law Minister and Attorney-General Datuk Sen Hamzah bin Abu Samah said in Kuala Lumpur. He did not, however, indicate whether Malaysia was599 words
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198 1979-01-10 3 FARMERS in Johore have called on the Malaysian Agriculture Department and the Farmers Organisation Authority to supply them with quality cocoa and coconut seedlings. The farmers are complaining that private suppliers have taken advantage of the demand for such seedlings by supplying them with198 words
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Article, Illustration312 1979-01-10 3 AUSTRALIAN pigs are often more easily accustomed to the Asian climate than to the long, dry summer in some parts of Australia, according to an industry expert, Mr D.R. Clark, manager of the livestock division of Bennetts Farmers Ltd. of Australia. Mr Clark312 words
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529 1979-01-10 3 A MONUMENTAL programme to relocate 500,000 families from densely-popu-lated islands like Java and Bali to the expanses of Indonesia's outer island will be a key factor in the country's efforts to boost agricultural production. President Suharto told Parliament on Monday that as part of529 words
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87 1979-01-10 3 Reuter THAI Commerce Minister Nan Proonvathu cautioned rice exporters against forward rice sales because of the lack of a carryover from the 1977/79 season. He said he understood some 400,000 tonnes from the 1978/79 crop had already been sold forward on expectations of aReuter - 87 words
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Article73 1979-01-10 3 Reuter THE Hongkong government has sold two non-industrial sites for a total of HKJ2T7 million (SJI2S million), the Crown Lands and Survey Office said. A 2.9 9q hectare site in northeast Tsira Sha Tsui. Kowloon, was sold for 5215 million. The buyer was Kumagai Land Development TheReuter - 73 words
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156 1979-01-10 3 MORE kimberlitie material indicating diamonds have been confirmed in the southern Kimberley region of Western Australia. This makes the total surface area to about 610 hectares of potential diamond producing land being explored. Geological work to improve the information on the two new pipes156 words
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647 1979-01-10 3 THE financial contribution of not more than US$4OO million towards the setting up of the UNCTAD Common Fund, as proposed by the developed countries, is highly unrealistic. Further, the increased size of the buffer stock for rubber as insisted upon by the United States, and647 words
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Article362 1979-01-10 3 THE CHINESE government plans to build a huge international trade centre 40 to 50 storeys high in the centre of Peking with Japanese and, possibly, American assistance, Japanese sources said on Monday. Bankers in Tokyo said the cost of the project, which would radically alter Peking's362 words
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Page 3 Advertisements
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Advertisement741 1979-01-10 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 is741 words
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Page 3 Miscellaneous
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Miscellaneous630 1979-01-10 3 TWO-IN-ONE CRYPTIC PUZZLE ACROSS: 1 Boozy pair? (6) 7 A novel? Ho no, a direction! (8) 8 Plant in the boot? (4) 10 Sulky bird? (6) 11 A smart thing to grow! (6) 14 Peaky fellow? (3) 16 A question of prose revision (5) 17 Crowd noise (4) 19 Damaged630 words
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RAW MATERIALS
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764 1979-01-10 4 AP INTERNATIONAL consultations covering the state of work) tin markets, including a survey of the International Tin Council's (ITC) buffer stock ranges, opened in London on Monday. The discussions, within the ITC's economic and price survey panel, will provide the council with necessaryAP - 764 words
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Article184 1979-01-10 4 THE INTERNATIONAL Coffee Organisation (ICO) intends to publish daily, an average composite coffee price indicator for the last 20 marketing days. It will start publishing from yesterday, adding this price indicator to its daily release of coffee price indicators already being published. The new 20-day average will184 words
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Article257 1979-01-10 4 THE Singapore rubber market closed quietly higher yesterday afternoon with February One RSS buyers quoted at 234.50 cents per kilo, up two cents on Monday's close, dealers said. The market closed the morning higher, with February One RSS buyers quoted at 234.50 cents per kilo, up two cents from257 words
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Article369 1979-01-10 4 Prices In cenu per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt f.o.b. 234.00 2S.00N Int. 1 R.S.S. Feb 234 50 2B.OO Int. 1 R.S.S. Mar 235 75 2K.25 Int. 2 R.S.S. ***** 232.50N UKCoot. ***** 231.SON Int. 3 R.S.S. 228 50 229JON UK Coot369 words
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Article102 1979-01-10 4 NOON S8M and SMR prlc e» jrMUrdmj ■AS Fatnan iCami MU) Mi trek rtjltt) WMplg Mbn SSR20 (1-ton pallet) 233.00 239.00N 234 00 230 00N S8R50 MBlfl R (1-ton pallet) 230.00 232.00N 231.00 233 00N SMR CV (1-ton pallet) 241.30 243.SON Ml .90 243 90N SMR L102 words
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Article29 1979-01-10 4 Rubber: Jan 9 Singapore: January: 234.50 cents (up 2.00 cents) Malaysia: January: 238.25 (up 2.75 cents) Tin: $1,840 (up $15) Official offering: 271 tonnes (up 5 tonnes)29 words
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Article303 1979-01-10 4 BINGAPOU: Yesterday clam* prices in SI per kilo exgodown: THAI WHITE 100 pet first class (kangaroo): New crop 0 100 pet second class 0M 100 pet third class OJ7 25 pet new crop no stock 810 pet 0.79 THAI BROKEN A-super 0 S2 Special 0 50 Thai rice 56303 words
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Article91 1979-01-10 4 THE Straits tin price in Penang yesterday rose another Msls per picul to $1,840, despite a further rise in tin contributions, to stand 1140 above the International Tin Agreement ceiling, dealers said. They attributed the continued rise to very strong demand from all sources, prompted by the firmer91 words
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Article732 1979-01-10 4 COCOA: Terminal cocoa yesterday morning recorded losses of £25.50 to £13 per tonne, after easing during the session by as much as £31, basis near March at £1,900. The market had finished a lengthy opening call at an average £20 decline with chart selling and long liquidation featured.732 words
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Article72 1979-01-10 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Mon Previous Malaysian 5Hffa bulk per tonne February unch 615slr March 615slr fllOslr Sumatra 5* f (a bulk January 635pd 632 50s Ir February 627.50 623 50pd March S22.S0pd 620 OOpd April unch 617.50pd May72 words
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Article79 1979-01-10 4 Reuter A NUMBER of farm cooperatives sources said Rio Grande Do Sul's soyabean areas would benefit from more rain. The sources said rainfall has been irregular recently in a number of areas, and although this is not causing problems yet, dry weather all this week would beReuter - 79 words
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868 1979-01-10 4 H.J. MAIDENBERG - By H.J.MAIDENBERG NYT THE silver futures market last year proved to be an exercise in frustration for the bulls and an expensive experience for those on the short side of the market. While silver prices in 1978 rose 27 per cent to US$6.O?NYT - 868 words
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Article244 1979-01-10 4 TRADING In commodities was mostly unchanged on the Singapore produce mar-* ket yesterday. Dealers reported that prevailing conditions were holding steady sod that there was no urgency to trade. Trading in coffee was said to be in a situation where supply and demand had just about balanced and244 words
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Article149 1979-01-10 4 THE sugar futures market yesterday closed little changed in sluggish trading, with two lots traded against six on Monday, dealers said. March closed at US 8.42/ 84 cents against Mooday's 8.55/85 close, May at 8.66/ 9.05 against 8.65/9.05 and the distant January unchanged at 9.45/65 cents. Jan J«6149 words
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Article187 1979-01-10 4 YARN and cotton in Hongkong with prices in HK dollars, spot ex-go-CKhn yarn: China Blue Phoenix Xk 1300, 3k 2.880, 40s 3.000 (per bale of 400 lbs). PWes gssds: China Butterfly and Globe brand unq; Dragon Hend unq; Five Lambs unq; Flower and Butterfly unq; Flying Geese unq (per187 words
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Article177 1979-01-10 4 WHEAT futures closed up 2 V« to one cent a bushel after trading within a narrow three cent range in Chicago on Monday. Volume of dealings was light with locals providing most of the activity. Pinal prices were in the upper end of ranges, moving ahead in sympathy with177 words
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Article200 1979-01-10 4 A LATE rally in Chicago on Monday fuelled by professional buying took soybean futures to early highs at the close, up 8V« to 4Vi cents a bushel. The professional buying sparked local support and scattered short-covering. The market had been supported through the session as a firmer bean basis200 words
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Page 4 Advertisements
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Advertisement226 1979-01-10 4 Electrifying News from HI CO mm /I 86*. -SI Iff? I B s ;W* IV. t m 1 it. HICO, short for Hyosung Heavy Industries, Ltd., announces the arrival of a new heavyweight on the electrical scene. HICO's new 34SKV 3 phase 475MVA main transformer for power plants puts us226 words
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OVERSEAS
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429 1979-01-10 5 REAL GROWTH of the US gross national product will grind to a halt during the first half of this year. But recession in the US economy will be shallow and probably will not last through the end of this year. This429 words
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Article121 1979-01-10 5 Reuter THE Tokyo District Prosecutor's Office has started investigations intoalleged pay-offs to Japanese officials by American aircraft manufacturers, it was announced yesterday. The prosecutor's office said it had asked the Justice Ministry to obtain data from the United States on the alleged bribing by Grumman Corporation and McDonnellReuter - 121 words
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278 1979-01-10 5 UPI PRESIDENT Carter is expecting loud protests and "knashing of teeth" when he sends the 1980 fiscal year 'austerity' budget to Capitol Hill on Jan 22. In an unprecedented move, Mr Carter plans to deliver his State of the Union address two or three daysUPI - 278 words
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Article759 1979-01-10 5 ARRIVALS Service Local Operator Number Time From TMA TL375 0630 BEY/DXB/ BOM/KUL MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0640 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CPA CX710 1005 HLP GIA GA980 1030 HLP THAI TG423 1035759 words
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974 1979-01-10 5 Agencies THE NATIONAL Iranian Oil Company (NIOC) has said that oil production is still running at only around 260,000 barrels a day less than a third of Iran's internal needs despite a promise by strikers to raise output to the level of domesticAgencies - 974 words
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Article138 1979-01-10 5 Reuter IRAN will revise all its cmrreat Mi fatare military p—eaaeel these completely against Its ■®wty-*ppetated Iraaiaa Prime Mlaister, Or Shapear Bakttar, said. la aa latervlew pahiished by the L>al»a Financial Times, Dr Bakttar was pasted as sayiag Us gevernmeats defence prierity is is MeadReuter - 138 words
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Article, Illustration225 1979-01-10 5 ASPIRIN may soon relieve a major headache for countries that suffer droughts. Research in Britain holds out promise that crips in such areas could be prevented from dying, if sprayed with an aspirin solution. The discovery, that aspirin reduces the rate at which plants' leaves lose moisture225 words
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WORLD IN BRIEF
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Article546 1979-01-10 5 JAPAN Airlines (JAL) said it will introduce fare discounts of up to 35 per cent on its trans-Pacific flights under the Apex (advance purchase excursion) system from March 1, subject to government approval. The plan has been endorsed by the International Air Transport Association546 words
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329 1979-01-10 5 UPI THE US Supreme Court has declined to consider Whether a cooperative advertising programme by Nissan Motor Co and its local Datsun dealers violates federal antitrust laws. The Justices declined to hear arguments on an appeal in a class action .suit against Nissan byUPI - 329 words
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Article138 1979-01-10 5 Reuter FRENCH President Valery GLscard d'Estalng and West German Chancellor Helmut Schmidt have agreed on procedure to resolve problems holding up the creation of a European Monetary System (EMS), French officials said on Monday. A spokesman for the Elysee presidential palace said the two leaders discussed theReuter - 138 words
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Page 5 Advertisements
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Advertisement135 1979-01-10 5 V m lAI ft T SHfc V//>^ Jf AS lai i a r IS *3$ I vyp ?V^ 1 I n pwn/ses t/Otc CJ tem/fas vl 01 //.00-//.3ofim& i /2.30-/00 am. II sf 91 l| i 1 -I i t I a >ni \rw (>rk s I i_>v >ti<in Gardens135 words
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Article435 1979-01-10 6 SHOE exporters may rejoice at the prospect of a vast market (or their products following the reduction of Saudi Arabian import duty on shoes but a word of caution needs to be dropped here to stem the rising tide of undue euphoria. Optimism there must435 words
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Article334 1979-01-10 6 NOW that the Vietnamese have openly flaunted their undoubted military strength in the swift overthrow of the Pol Pot regime, it would be extremely foolish for the rest of the world to assume that the massing of Chinese troops on the borders of334 words
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1989 1979-01-10 6 AWTHER SINGH - Last week, AWTHER SINGH pointed out that although there seem to be many cases of negligence, as reported in the press, not manjf shareholders bring their directors to court. Why? In Part 8 of his series on company directors, he explains the difficulties of1,989 words
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Page 6 Advertisements
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Advertisement181 1979-01-10 6 ki 1155 APOLLO HOTEL Havelock Road, Singaore 3 Tel: *****1 AMBASSADOR HOTEL ***** Meyer Road, Singapore 15, Tel: *****11 CENTURY PARK SHERATON Nassim Hill, Singapore 10 Tel: *****7 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****66 COCKPIT HOTEL 6/7 Oxley Rise, Singapore 9 Tel: *****1 GREAT EASTERN HOTEL 401181 words
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Page 6 Miscellaneous
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Miscellaneous48 1979-01-10 6 P*4D IF VOO Think ITrn GONG to sit THOUGH RNornej? HOORS OF THPT SGCURiTy m*N P*JD H»s GupRD Vou oow'T <lOJ lohptt rn»ssiNG.. we've GOT TH£ LOT.. ST* LL9, SiDCSHOuiS, SffcOP>L PfTIRBCTiOMS... HUH? U)£ RLL Kwou) FSSOOT NOO VOOfc RTTRpiCTIONS.. r ZA r L A V^l UiP>S THeR£-48 words
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Miscellaneous904 1979-01-10 6 Nothing really good THERE is Marly aethtag to watch to-alght putahaeit «f serts, pwfcipi, ter toe luirluce ef gni pnfnuuM (DwskM «C Dike Street, Lik 81a Pug, Switch, Ruk) tost Bight. RTB kicks sff wttk a lame start at Spat la tke day wttk Beverly Hill billies, a repeat ef904 words
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Article, Illustration1002 1979-01-10 7 MARGARET THOMAS - By MARGARET THOMAS ONE-TENTH el the fcpfW eieetmtc will be getog to the peUa mm to etoet aevea ww mem ben afPkrlaant. These aevea «re aeeM to (111 toe Ahn mU left vacMt by the death el P. Gwhiw wuqr tost year aad the rii1,002 words
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Article427 1979-01-10 7 A VERY impressive card, only just received by a colleague, is from Sperry Univac. The company is not as presumptous as to assume that, just because it celebrates Christmas or the Western new year, everybody else does too. So the wish inside is for peace in427 words
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Article716 1979-01-10 7 M. A - Letter to the Editor M.A. AT THE LAST (1978) Singapore Society of Accountants (SSA) seminar the need for introducing additional accounting and disclosure standards was emphasised. It is my opinion that the problem of accounting and disclosure standards in Singapore is not additional accounting and disclosure standards but716 words
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Article1025 1979-01-10 7 Tye Kim Khiat - FORUM i Tye Kim Khiat THUNDER and lightning. Fare is foul and foul is fare... "Asean, beware Australia's designs," warns the first toothless and wizened witch. And so this prophecy from a 30th Century Macbeth has come to pass. Recently, the air over the region1,025 words
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Page 7 Advertisements
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Advertisement372 1979-01-10 7 *11 i I- A t up your life at Vanda Live it up at the newly renovated Vanda Bar. Styled for comfort gmfo&L and good cheers ..JSSS Sing along with our resident duet George David to your favourite request Happy Hours from 5p m -8p m 30"* discount Singapore OochTd372 words
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INTERNATIONAL STOCKS
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644 1979-01-10 8 TOKYO ..-..THE MARKET wis n- .twemely bullish yesterday with attention On medium-sized blue chips and large-capital issues due to havey buying by corporate investors and mutual iands, although the Nikkei -Oow-Jones average gained Y 4.21. Turnover was also extreme- ly heavy with an estimated644 words
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Article264 1979-01-10 8 JAW OS Cents INDUSTRIALS A. C. I 188 -2 'A. N I. 190 10 4>A. P. M 118 1 Ampol Pet. 78 unch b h. r. 328 -4 Bank N8W 340 unch Boral "T.. 230 unch Brambles _C. B. A. 176 245 unch t S R 327S '"Co*J Allied264 words
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Article302 1979-01-10 8 THE STOCK market closed mixed yesterday with loses in the majority in slow trading, dealers said. Among the losers. Union of Thailand, Asia Credit and Rama Tower dropped baht each to 375, 462 and 221 respectively. However, First Trust gained 12 baht to 538, Raja Finance 40 to 1,600,302 words
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Article146 1979-01-10 8 Reuter 2TOYO Engineering said it Hias signed a 102 billion yen in Peking to build Clour ethylene and two ferti--ttser plants in China. Of the ethylene plants, of 300,000 tonnes a year Rapacity, two will be built in and one each in and Shengli, ShanJung province, theReuter - 146 words
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Article74 1979-01-10 8 AFP CHRYSLER rdued comment sn pabHaked reports that It is planning a new engine manufacturing facility in Mode# to pndiee foar cylinder engines. The repert, in American Metal Markets MetalwerUng news edltlen, said the engines wsnM he featnred in a new line s< cars designedAFP - 74 words
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Article180 1979-01-10 8 THE MARKET closed mixed yesterday with minings posting gains while commercials and oils declined, dealers said. Turnover fell to 27.0 million pesos from Monday's 33.4 million. Gainers were Acoje Mining, Atlas Con B, Baguio Gold, Mrinduque 8, Oriental B, Phil Overseas, Pogei, Seafront, CDCP and Picop B while losers180 words
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European markets
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Article188 1979-01-10 8 JAN Francs Actions Suisse* Alusuisse Br. Aliuulut Reg. Brawn Bowl Br. Cite Oeigjr Br. Ob* OelCT P C ClM 0*10 Ret Credit Suinr Br Credit Suisse Reg Elekirowatt Br. Oofr rwlier Br Globus Pc Hero Br. Hoffman La Roche 1/10 Hoiderbank Br lnterfood Br. Jelmoil Br Motor-Columbus Nestle Br188 words
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Article175 1979-01-10 8 JAN 06 FU ABM 387 00 -3 Ahfti 117.70 0J Aim 90.40 01 AM FY Am fas Am rot Bank 74J0 -0.2 &T" 52.90 82.90 6.4 0J BoU 7140 -17 Borsumij 162.00 3 Burhmann 72.30 -1 Byenkorf •uo 1ft 188.50 -1.1 Dell hij ***** 2.4 Ennta ***** -16 Fokker175 words
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Article264 1979-01-10 8 JAN 08 m CORBE1LLE Alr-LlquKK B 8 N Otntli rirwfn C»f) 388 MO 382-30 unch -10 41i CI* rnactlK dn Pflrotei H Ml tu Financier* lompunK Oenerale CnM Fonckr O* France Hachette < LibrairM) Machine* Bull Mtctwttn Pechiney cmne Kuhtatnn Philip* <N» Oem Brill) «06 m MS 98 ira264 words
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Article203 1979-01-10 8 JAN 00 Dm Aef-Telefunken Akao wjo a io 02 0J moo U Alls Vers BASF Bay H T Wbank Bay Vbank *90 13*00 200 ill •1 4IJ s Bayer moo u BBC BMW run ClMflll MO unch Chem Verw Commerxbank Contl Oummi Daimler-Bern mi 22-700 hjob m vi *****203 words
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Article87 1979-01-10 8 FORWARD MARKET ACCC 411 -J Artwd 2275 Aslur 070 4 42 Bnactn 478 BruLamb 1640 +10 Cock 4r 5 Dr Been 1ST! -1 EDM MIS 10 Elrctrobcl mo -w Ob-Inno-Bm 2500 unch Oct 14*0 42 HoOot 2510 75 Prlro 3420 SO Rjrl Dutch 1KB unch Stdro on M Soc87 words
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Article95 1979-01-10 8 Assoc Gen Bsstofl ***** 240 W *1^5 Centrals Plat 4450 >50 2KB -7 Flnskftsr 143 75 >175 Oen Immot 72.75 -12b IF! Prt 2312 +12 IlslcemenU ***** 4 105 Iislfs* 70S 12 Iialskter 340 >7 Msfnett M Pf 9m 4-7 Msrelli Ere 227JO 4 4 Mlrtltna ***** -220 19M095 words
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Article253 1979-01-10 8 JAN 08 Rand INDUSTRIALS A Alpha 130 Abercom AE And CI 235 1_ 335 unch unch AMIC Barlows Cf Sugar 1290 4B0 MO +15 unch 10 CWA MO 10 Currte Finance Or Been Ind 1400 unch Edcon Edgars Eveready Fed Volk >00 TWO laoxd las unch -4 unch Fuglt253 words
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Article828 1979-01-10 8 JAN 08 USt ACT Industries 30 Addrttn|riph 23'. unch Airco Inc Alcmn Alum in Z Ms 1 Allegheny Lud n S Allied Chem Cp a -S Allied Store* 23 unch Allls-Chalmers JOS Alumhqo Amer Am Airlines 40'. 14S unch Am Brands Inc W. .>• Am Broadcast M •H828 words
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Article199 1979-01-10 8 JAN 0* CS AHUM A lean Alfoma Bank Moot Bank Nova ScoUa Bell Tel Belli Con BP Can Ltd It 41'. n m. 24 <3 ZZ 22 unch unch '< -s Brascan Camp Red Lake Can Imp Bk Canpac Can par In* Pf CarUnf OKeefe Cominco Con* Bam Cons199 words
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Article, Illustration786 1979-01-10 8 NYT WALL Street has had a linger i n g aversion to conglomerates since Litton Industries had a down quarter in the late *****, thus calling into the question the concept of continual growth through acquisition. In fact, a group of analysts that followed theNYT - 786 words
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Article120 1979-01-10 8 GENERAL Occidentale wants to buy more than US$l5 million of stock in Diamond International, Diamond said on Monday. Diamond International produces lumber and bome building materials, packaging, pulp, paper and matches. The company's shares on Monday traded at 33-3/8 on the New York Stock Exchange. General120 words
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Article63 1979-01-10 8 AFP THE SWISS group Loew with headquarters in Zurich, hss bought control of Charles Jourdan, the French high-class shoe firm. The group has acquired 92 per cent of the capital af Charles Jourdan, previously held by the American company Genesco. Jordan, which provides Jobs for almostAFP - 63 words
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Article503 1979-01-10 8 NYT UNLIKE the buggy whip, the clothespin has managed to stave off obsolescence in the (ace of modern technology thanks in part to the energy crisis. Because automatic clothes dryers powered by electricity or gas have become costlier to operate, the clothespin market has begunNYT - 503 words
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Article57 1979-01-10 8 BL Components Ltd, a subsidiary of state-owned British Leyland Ltd, said it will build a £217 million aluminium die-casting foundry at Leeds to double the group's annual capacity to 13,000 tnnnwi Its existing West Yorkshire foundries plant is likely to be adapted to other purposes when the new57 words
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Article102 1979-01-10 8 Reuter SUNBEAM, the appliance oompany, said on Monday it will offer consumer rebates ranging from US$2-10 on a number of its products to encourage sales. Sunbeam said it is offering a $10 rebate on its Power plus Mixmaster models, $7 on its Deluxe Mixmaster models andReuter - 102 words
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Article68 1979-01-10 8 BRITISH engineers John Brown have won a £26 million order (or a petrochemical plant in China. The order for the plant, which will produce 140,000 tonnes a year of high-densi-ty polyethylene. Is the sec- ond breakthrough by a British process plant manufacturer in recent months. In Aognat,68 words
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Article335 1979-01-10 8 AS EXPECTED, the market continued to be quiet ahead of the two land auction yesterday ami prices opened around Monday's levels despite •pirited buying from London. Sime Darby's proposed takeover of Guthries did nothing (or the market although their Cce steadied at fftJO and 40 after their recent slide.335 words
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Article61 1979-01-10 8 FINANCIAL TIMES INDUSTRIALS Monday 4M.4 Friday 478.5 Week Ago closed DOW JONES AVERAGE INDUSTRIALS Monday 828.14 Friday 830.73 W«ek ago closed LONDON DOLLAR PREMIUM Monday 83H to 84'* Friday 83 to83 l H.K.HANG 8ENG Tuesday 807.75 Monday 804.52 Week ago 493.83 SYDNEY INDUSTRIALS Tuesday 485.08 Monday 485.15 Week61 words
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Page 8 Advertisements
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Advertisement103 1979-01-10 8 I You might well ask? And it's not what you think. It's minicomputers, that's what. From Perkin-Elmer, the minicomputer company you're hearing more and more about. Our machines are called Interdata minicomputers, one of the biggest sellers worldwide. And they handle just about everything your company could need, from sales103 words
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BANKING AND FINANCE
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Article, Illustration1501 1979-01-10 9 COLIN CHEE - 1978 —the year of the CDs ASIAN DOLLAR MARKET BOOST By COLIN CHEE THE value of securities issued on the Asian dollar capital market from Singapore last year breached US$2 billion for the first time. It is a figure that surpasses the US$335 million done the previous year, and dwarfs1,501 words
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MONEY AND EXCHANGES
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Article458 1979-01-10 9 THE FOREIGN exchange markets yesterday fell quiet with the US dollar strengthening against most currencies. Opening against the yen at 195.35/45, the dollar was traded up, later in London, to 195.60/70. It also firmed against the West German mark. Starting at 1.8390/00 in the morning, and staying at458 words
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Article193 1979-01-10 9 Asian rates ASIAN currency deposit interbank rates as at close on Jan 9 US Dollar*!Spot) Offer Bid 7 days 10 7/16 10 5/16 1 month 10'. 10. 2 months 113/16 11 1/16 3 months 11 9/16 117/16 6 months 12 3/16 121/16 9 months 12 U. 12 months 12 11193 words
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Article50 1979-01-10 9 Range of prices offered by discount bouses on Jaa 9: Overnight 4'.% Call deposits 4'» to 4'.% Closing Buy tag Selliaf 3 month Treasury bills 4'. 4'« 3 month Bank bills 7>i 7 J 3 month CD 7". 7'j 6 month CD 7'« 7*. Source: National Diacovat Co Ltd.50 words
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Article21 1979-01-10 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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274 1979-01-10 9 GOLD FUTURES in Singapore yesterday closed lower after fluctuating narrowly throughout, dealers said. Trading was light and turnover fell slightly to 47 lots from 55 lots Monday. January closed at U*****.50/226.00 an ounce against $226.20/60 overnight, February at $226.90/227.20 ($227.00/40), and April274 words
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Article217 1979-01-10 9 THE US dollar in London yesterday opened generally slightly firmer against closing Hongkong levels and Monday night's close in light trading, dealers said. It opened at 1.8414/24 marks against the 1.8395/405 Hongkong close and Monday night's 1.8403/18 close, while it stood at 1.6442/52 Swiss francs, firmer than the London217 words
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Article176 1979-01-10 9 THE US DOLLAR for overnight delivery closed firmer at 196.60 yen yesterday, up from a 195.50 opening and 195.35 at Monday's close, dealers said. The dollar flucutated between 195.35 and 195.85 throughout the day in very quiet trading, with volume of US$3l6 million, dealers said. Japanese banks bought small176 words
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Article123 1979-01-10 9 THE US dollar was quoted little changed from its closing levels in New York overnight in late trading yesterday. dealers said. There was little apparent direction to the US currency with volume sharply down from Monday's active session, they added. The dollar was traded at 195.55/70 yen against 195.45/123 words
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Article46 1979-01-10 9 FRANKFURT exchnges opening quotes yesterday US 1.8415 30 Can 1.5470 80 Stg 3.721 731 Dfl 92.52 87 Sfr 111 70 112.10 Lit 2.208 218 FTr 43.62 72 Nkr 36 63 73 Bfr ran 6 342 362 Bfr fin (.241 6 281 Yen 0 9410 3046 words
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Article55 1979-01-10 9 AUSTRALIA/NZ exchanges quotes yesterday: US dollar 1 1473 ***** Sterlin* 0 5680 0 5616 *ir mail buying rate* Sterling 0 5910 ITS dollars 1 1196 Ninety-day forward buying rates: Sterling ***** US dollars ***** New Zealand: Sterling ***** 0.5243 US dollar 1.M 1 0698 Ninety-day airmail buying rales: Sterling55 words
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472 1979-01-10 9 FT THE BANK of Canada's decision to raise its discount rate (or the seventh time since the beginning of 1978 has raised opposition from the Canadian government's political opponents, who charge that such increases have a depressing effect on an already-depressed economy. TheFT - 472 words
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Article109 1979-01-10 9 THE US Federal Reserve Board said earnings of the Federal Reserve banks rose by 22.6 per cent in 1978 to US$B.46 billion. Current expenses rose by 4.6 per cent to $653 million, leaving net earnings at $7.8 billion. Payments to the Treasury totalled $7.01 billion, sttutory dividends109 words
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Page 9 Advertisements
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Advertisement315 1979-01-10 9 GOOD READING FOR ALL PARENTS i Learning Through Play is a I book chock full of ideas for simple games, activities and experiments, designed to help children develop their minds and bodies. Babyhood should be required reading not only for all parents but for every doctor or nurse in contact315 words
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DEALS DONE ON THE SES AND KLSE
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Article1265 1979-01-10 10 SECTION ONE INDUSTRIALS »Acma (2.088 2.105) (1) 2.11 (2) Allied Choc (1.168) (1) 1.15 2B A T (130B) (4) 132 CD «ata (2308 2308) Aea (0.668) (3) 0.67 (1) 0.668ETT «0.678) (1) 0.67 •"Berjaya Kawat (2.758)X81 'Bouatead (2308 2.458) (1) 2.40 'Bouattftdco (130B)( 100) 1.77(1) >1 78 (2)1,265 words
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Article133 1979-01-10 10 4 1/2% 1/8/80 (250.000) (99.288 99.326) 4 8/4% 18/9/80 (250,000) (99.568 99.866) 8% 18/4/81 (*****0) (99 708 96.806) 8% T P 1/8/88 (250.000) (*****8 *****8) 5 8/4% T P 15/6/81-84 (250.000) (*****6) 8% T P 18/11/84 Bearer Boada (250,000) (100 008 100.066) 7% 18/4/85 (250.000) (100.758 100.906) 7%133 words
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Article247 1979-01-10 10 Striking prices at the options officially listed on the Stock Exchange of Singapore, the mJ 11 tl 111 ,1 I pmoc, dkm ana oncrw prices »nd dose yesterday with the number of options traded shown in brackets. CaU Mange (March $1.80) (0.538 0 OS). Prtsia (March $2.20) (0.49B247 words
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Article142 1979-01-10 10 ONGiPOUlMTIlUr (Mm|in' prtoai hrteM) The Commerce 2.U 2* The Savlaf Fund 1M 1.42 S pore Pro* Fund O S LM S pore See. Fund 1.74 LM S pore Invest Fund LM 1.31 INCOME BOND UNIT (Carres* prtin) Income Bond 1.13 Lit MAEA HJMmilA FUND (Managers' pnees Mr jaa142 words
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Article2584 1979-01-10 10 Gr'i Gr*a Net 1978/79 Last Div Div Y*M P/E Vol Day Low Coa pa ay Sal* +or- Cvr (*000) Low kz~ SECTION ONE ♦v» INDUSTRIALS •s.* •^372 132 Acma 210 unch 12.0N 13 5.7 225 3 211 210 -..-238 123* Alcom 234 10.0 2-2 43 175 1782,584 words
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Article1658 1979-01-10 10 INDUSTRIALS A«ma (2.10B). Ajinamata (2.708). A Icon (1.918 IMS) (3) 1 90 A Chac (1 14B) •ata (2.308 >. •an <0 60S (8) 068 Ka.at (1 908 1 MS) XBI. Saultaad (2 448 2 468) (4) 243 19) 2 45 2.44 XD A Tabaccc (IUB l.« 08)1,658 words
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Article, Illustration544 1979-01-10 10 ATTENTION was leeaaeed aa Stmt Darky at the Stack Exehaage ef Stagepore yesterday tattawtag bid far Gothrie Cerporattoa. ii MH tr** eMM to eerperattao JttkT targe News at Darky's kefore trading kegaa la the 1 Tain market bat Jast after the544 words
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390 1979-01-10 10 NEWS OF Sime Darby'* intention to acquire Guthrie Corporation started a spate of buying in Sime and its subsidiaries as well as in Guthrie Ropel. Transactions in Sime were between $3.40 and $3.30 initially. Sime made relatively little progress in the afternoon.390 words
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Article186 1979-01-10 10 B*vta SEA: EOGM to be held at the Negara Room of the Kuala Lumpur Hilton, Jalan Ismail at 12 noon on Jan 15. iilww Hydraalie Tin BM EOGM to be held at 25, Beach Street, Penang, at 12 noon on Jan 18. Berjaya Kawat BM: EOGM to be186 words
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COMPANY NEWS
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Article641 1979-01-10 11 MANO SABNANI - By MANO SABNANI THE HALF-TIME results of Singapore-based Chemical Industries (Far East) indicate an encouraging recovery in the group's traditional business of manufacturing chemical products. For the six months ended Sept 30, 1978, the parent company, which is engaged in the production of caustic soda641 words
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1080 1979-01-10 11 FT ONLY THREE months ago the world's major stock markets were close to unanimous optimism. The bulls were in control nearly everywhere and the perennial suggestion that equities were in for the rerating necessary to catch up with five years of inflation came toFT - 1,080 words
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Article417 1979-01-10 11 Current Payment Ex Date Books Cloae Date Total for Total for Ptyable the year Previous year PMC K Kampar Kramat Sg Be si Boustead Supreme Corp FAN Kamunting Tin M Glaai Lien Hoe Pahang Co*a Petaling Tin C A C Chin Teck K T Pau I'M Flour Nanyang417 words
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Article119 1979-01-10 11 Company Particulars Ex Date Books Close Berj»y» Kawat Rahmao Hydraulic P. Products MBS ca c STP (1975) Toshiba Bonus Issue of 1 for 2 Bonus Issue of I for 2 Bonus Issue of 1 for 4 Rights Issue of 1 for 2 <p S2.00 per share Bonus Issue119 words
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Article89 1979-01-10 11 BAN HOLDINGS ktt maaaged to eat ito lasses farther to a greap aet lew ef $44,446 fer the six months ended Sept 99, lflft. This eempares with a lass ef $5M491a the pre visas cerrespeadlag pertod. The resalts eeaseUdate aaly three whally-awaeds a hsldlartes Saa Development89 words
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Article49 1979-01-10 11 HAW PAR Brothers International Ltd has informed the Stock Exchange of Singapore that they have sold a dormant subsidiary, Harimau Equities (Malaysia) Sdn Bhd, for a nominal consideration. The company said Harimau, which has never traded, has a nominal issued share capital of MJ249 words
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294 1979-01-10 11 DESPITE marginally lower output to 2,665 piculs, Lower Perak Tin Dredging increased its pre-tax profit by more than 36 per cent to M 51.207 million for the half year ended Oct 31, 1978, largely because of increased prices obtained for tin concentrates. Even so,294 words
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Article115 1979-01-10 11 THE East Asiatic Company (Malaysia) informed the KLSE through Pertanian Baring Sanwa Merchant Bankers that it has completed its $20 million financing arrangements for the purchase of River Estates Sdn by obtaining a further SJIO million loan facility for eight years with a 4Vi years grace115 words
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Article, Illustration575 1979-01-10 11 §sre>®2«» by HOCK LOCK SIEW THE GOOD NEWS has finally been aaleeked tram its hiding place In the hearts af the gnad men leading Slme Darby. With ■■eh happy news wafting araand the amrket, It la perhaps aarprtslag that the price al Bhne dM nat rtse maekby HOCK LOCK SIEW - 575 words
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Page 11 Advertisements
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Advertisement189 1979-01-10 11 4 m VS O P v -W fet A new year resolution which makes business sense *> _1 <£~ A S r* M#d v ;.V>\ Business Times: Unquestionably good value Subscribe to Business Tillies Get e bottle of Courvoisier VSOP cognac into the bargain Subscribe now to Business Times, and189 words
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227 1979-01-10 12 Reuter THE US will compete more aggressively on export credit terms if the EEC rejects its proposals to tighten the OECD consensus on this kind of credit, Deputy Assistant Secretary of the US Treasury Gary Hufbauer warned. He said the Japanese are generallyReuter - 227 words
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701 1979-01-10 12 UPI CHINESE Vice-premier Teng Hsiao-ping said yesterday that Taiwan will have full autonomy after reunification with China, including its own armed forces and free-enta-prise economic system, according to four US senators who met «Sin the Chinese leader. The senators quoted Mr TengUPI - 701 words
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Article194 1979-01-10 12 TWO BRITISH experts have arrived in Kuala Lumpur for talks with Malaysian aviation authorities to finalise the routing for the London-Singapore supersonic Concorde Service's trial flights over Malaysian airspace expected to start on Jan 24. British Secretary of State for Trade, Mr. John Smith194 words
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230 1979-01-10 12 FOO CHOY PENG - By FOO CHOY PENG MANAGEMENT of the Bank of China here has been strengthened with the arrival of a senior manager from its Peking head office to Singapore. Mr Hsueh Wen Lin, the new manager, is a board member of the Bank and230 words
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Article863 1979-01-10 12 LONDON, Tues. Share prices closed easier with the threat of a national rail strike next week and the unresolved private road haulage dispute affecting sentiment, dealers said. At 3.00 p.m. the Financial Times index was down 1.1 at 483.3 Government bonds firmed initially on exhaustion of the medium863 words
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Article113 1979-01-10 12 ASEAN need not fear foreign intervention if it is economically healthy and united, Senior Minister of State for Foreign Affairs, Mr Lee Khoon Choy, said yesterday. "We are decades ahead of the communist states. We have all the wealth and manpower in Asean. Our system is113 words
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571 1979-01-10 12 MEMBERS of Asean yesterday expressed grave concern over the fighting between Vietnam and Cambodia, and called on the UN Security Council to act to restore peace in Indochina. A statement read by Indonesian Foreign Minister Mochtar Kusumaatmadja, chairman of the Asean standing committee, said571 words
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Article487 1979-01-10 12 COLIN CHEE - By COLIN CHEE THE FALL OF the Pol Pot regime in Kampuchea earlier this week is unlikely to wreck investment plans by foreign investors in the region. Senior executives of American and Japanese multinationals interviewed yesterday do not feel the new situation in Indochina is as487 words
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Article, Illustration492 1979-01-10 12 QUEK PECK LIM - By QUEK PECK LIM STAFF of a major accounting firm resigned in protest when the director of its tax department was replaced by an expatriate from London. The exodus of experienced personnel from Coopers and Lybrand's tax I department occurred when the firm492 words
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Article, Illustration221 1979-01-10 12 THE PEOPLE'S ACTION PASTY'S third eaadMale for the eamlag by-elee-ttoas wu tartrMlHed to the press yesterday at the party's beadqaartors la Napier Bead. Bahaa tola Khamls (absve), 9-year-aM systems maaager sf SOXAL (Stagsparr Oxygea Air UqaMe Pte Ltd) la Jaraag, saM be Is221 words
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Page 12 Advertisements
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Advertisement135 1979-01-10 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 S$2SO.OOO 1 month 5%% p.a. 3 months 6V«% p.a. 6 months 6V«°/o p.a. 9 months 6 1 p.a. 12 months 6 1 /j% p.a.135 words
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Advertisement349 1979-01-10 12 illJ ■Tn: A HOME? t Then look for it in Business Times classified property advertisements an easy to read guide to the available properties at the top end of the market. Home-hunters are especially catered for in the new LEISURE TIMES supplement that comes with Business Times every Saturday morning.349 words
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Page 12 Miscellaneous
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Miscellaneous56 1979-01-10 12 Outlook for Singapore from 6 a.m. to noon today: Windy. Report for 24 hears prier to TJI p.m. m Jaa littkealrpirt: Maximum temperature 30.5 C Associated humidity 64 Minimum temperature. 22.4 C Associated humidity 96 Hours oi sunshine 10.0 Rainfall in millimetres Nil Total rainfall for the month 72.5 Total56 words
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SHIPPING TIMES
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PORTSIDES
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Article70 1979-01-10 13 THE British Secretary of State for Transport, Mr. William Rodgers has appointed three new members to the Port of London Authority (PLA) board. They are Sir Robin Gillet, an elder brother of Trinity House and an underwriting member of Lloyds; Mr. H.W. Hinds, a member of the70 words
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Article88 1979-01-10 13 AFP TWO new quays have been added to Hanoi's harbour which will eventually have nine piers covering 26,000 square metres, the Vietnam News Agency reported on Monday. After completion the harbour's capacity will be 1.3 million tonnes a year, a two-fold increase. The Hanoi harbour, one ofAFP - 88 words
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Article128 1979-01-10 13 UPI FRANCE has signed a contract with Sri Lanka for the repair of French naval vessels in Colombo, a shipping official said on Monday. Managing director of state-owned Colombo dockyard Mr. Ambalavaner Ragunathan said the deal came after the dockyard facilities recently repaired a French naval vesselUPI - 128 words
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578 1979-01-10 13 HAHIM KASSIM - By HAHIM KASSIM THE CONTAINER leasing industry has not only managed to stay afloat in the current shipping slump but has registered a tremendous growth over the past few years. By end 1978, total demand (or the boxes increased seven fold over that in578 words
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Article, Illustration174 1979-01-10 13 A SECOND tulur mwd by Vaa Nkrvett GnMmi at mhfi WMrty «rtcnd Seahtvug Shipyard Car ma jar repairs to tta mala eagtee. The mala eaglae at the 1«M» 4wt Getallx, a 1* eyllaier B Mi W 84 VT 2BF 1M had toearrei wear hel«M the174 words
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Article111 1979-01-10 13 Reuter THE international tanker market has absorbed around 60 million dwt tonnes of surplus capacity during the past six to eight months, Norwegian shipping broker Joachim Grieg and Co said in its latest market report. Most analaysts calculated a real tonnage surplus of at least 100 millionReuter - 111 words
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Article184 1979-01-10 13 UPI TRANSATLANTIC grain fixing resumed to prove that recent inactivity had not adversely affected the rate structure. Bunge repeated a US$B.25 (5J18.15) (FIO) when working the 73,000 tonnes of US Gulf grain to Europort aboard the bulk-oil carrier Jag Laxmi in an early position. The same rateUPI - 184 words
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3519 1979-01-10 17 SCHKDDLE A guide to ships loading at Singapore for Ports I 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 Port3,519 words
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Article550 1979-01-10 17 fMppftag Uh Page CM Aconas n s ACS n 5 i Afea IV 3 Aguila IV 2 Alpac IV 5 Angkutan IV 3 Anhsing IV 3 ANL I 1 APL m 2 Arya Nat n 5 ASCL m s Asia Merchant m 4 Atlas V 1 Aust.Cont IV s550 words
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Article957 1979-01-10 18 r RECEIVING OF EXPORT FCL CONTAINERS 1 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 to th< (2) All export FCL containers and LCL cargo must be delivered Authority's premises during957 words
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Article891 1979-01-10 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. t Aconas Line— Aconas Sdn. Bhd. Adriatic Container— Container Feeders. AFEA Line— Singapore Shipping. Aguila Oriental—Same. Ahli Shipping— Sharjah. Alfred C. Toepfer Line— Intermodal. Algerian National Line (CNAN) —Uni891 words
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1309 1979-01-10 18 FT MESSING about in boats is more likely to require a soldering iron and a voltmeter than tarred hemp or a marlinspike these days. For the electronic revolution is beginning to have a major effect on the yachting and boating industry, which is worth aboutFT - 1,309 words
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Article, Illustration362 1979-01-10 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barge Kim Lian Hoe No 3 (0730) 19. Cherry Field (after Menestheus) 8/9. Foo Chow (1000) 24. Fortune Mariner (0900) 33/ 34. 1 Iwashiro Maru (1730 after Songkhla) 31/32. Kalimantan Ibu (0600 after Altair) 25/26. KI3 Maru (0700) 46. King Dragon (0600)362 words
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Page 13 Advertisements
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Advertisement578 1979-01-10 13 DIRECT DIVERSIFIED DEPENDABLE SERVICES TO/FROM USA AND CANADA Agents Barber Lines Singapore Pie Ltd Te) ***** Harrisons 4 Crosfield Kuala Lumpur Tefc mm/I Pernas MtSC Penang Tel ***** «s» AR I) 1\ I A\ lAH Orient Overseas Co*Um*teA Line FULLY CONTAHBSED SERVICE TO EUROPE (VIA SUEZ) S. SEAS BRDGE 19W*578 words
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Advertisement243 1979-01-10 13 sail SEALORD ANTAH m UASC UNITED ARAB SHIPPING CO (SAG) I All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability. ■ARABIAN GULF WEEKLY SERVICE! S pore Loading for Kuwait (23/1), Shuaiba (26/1), Dammam (31/1), Dubai (4/2), Muscat (6/2) Basrah (4/2), Dubai (7/2) Kuwait (10/2) Dubai243 words
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Advertisement436 1979-01-10 13 NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE SjßU_Oti*Fsto»e Hint Rd OKSttQO ISM MPatl»M* 2t Im 27 S S OHDS*— It Ma 17 1m SFA 2f+ 3 HCOML 24 Ma 25 1m 12 FA tFA It C.PAUI 2IIM »IM 17 FA UFA 15 IKM ItFAUFA 2Ma 27436 words
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Advertisement626 1979-01-10 13 Singapore business Ft U1 Pacto. UH I Atoabc aad Eaet Caato (Abe nqpto< tor Hi FULLY CONTAINERIZED FAST DIRECT WEEKLY gjEBEaEB FOR East Asia (Hm lapaii (To*jo I Mania Keetom. kaohsnint) Yokohama. Kacora Osaka Slwnuu) ll Singapore *7/1 19/2 Port Keiang Panang FROM East Canada and U S Atlantic. Gulf626 words
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Page 14 Advertisements
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Advertisement652 1979-01-10 14 Hapag-Uoyd VWyVWavJ FULLY CONTAMEMSED TO EUROPE Hw*e| Eipress Bremen Eipreu Carifan Bay Iriu* [iprns 0t» d Edrtur(ti Ouka Bit EfeeMaru EXPttSS CONVENTIONAL TO EUROPE Spere P KeUnf Fen Bdbjo Genu H'burj Btunen HMutia lb 1 13/2 (■ckmerj 1? 3? 72 2/3 FULLY CONTMCMSED TO GENOA/TMESTE S parc P Kttaif Genu652 words
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Advertisement502 1979-01-10 14 .!SH3 borber blue hmc US ATLANTIC US GU/ t EAST CMMM Im II f* 3/4 F* IS Iter 1/4 Un 19 .f S Fck 20 5 i* 29/22 f+ 4/7 I ftk 21/22 4/7 FA 24 Mar 9 1 Mv 24 I Apr 4 M* 22 V Neil rr»* MENESTWUS"502 words
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Advertisement646 1979-01-10 14 EVERGREEN LINE EVERGRttN MARINfc CORPORATiONi FAR EAST/RED SEA. MEDITERRANEAN 1 EXPRESS FULL CONTAMER SERVICE ALSO ACCEPTMG CARGO FOR GENOA. LATTARIA. BEIRUT ALEXANDRIA. BENGHAZI TMPOLI (LBYA) ipm 'MM FalSa4laim* Ltftan F« EtaHmartv 12 la 22 tM 2t lai aim iU IF* 4 F«k f»* Nla 7 F«k II Fi* 14 F«k646 words
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Advertisement1011 1979-01-10 14 Everett Lines ma Burma Fiva Star Wpp>| Caff*. Bk "BURMESE NATIONAL LINE" B F S S C Aoenfs m *atoy*iO TEPS MALAYSIA Port Ketoog T«l<3B>-7355 Penong Tel 62 Ul/***** 1 PATAGONA ARtENTIM 7/1* Feb liyliF*" IJ/J4 F«b** CtA Transportadon Maritima Maxicana S. A. "MEXICAN NATIONAL LINE" far east icjqco t1,011 words
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Advertisement783 1979-01-10 14 r mo.s.E. l I OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSF SHENTONWAY MISTRI ROAD SINI.AF'ORt 2 TEL *****44 7& *****70 SANKYO LINE AUSTRALIA SERVICE P. KdM| Sa«|apart Loa*f tor 12/14 Jm hi Port STB, MEL. MEL 15/16 I* 13/14 Jm MB. SYD. MELB 26/27 Jm783 words
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Advertisement718 1979-01-10 15 QCL Overseas Containers Limited CfIWTMOSWP SERVICE TO W/COWCIT: CONTMKXStV SERVICE FROM UK /CONTKNT it tftori Bran R'4aan Hawe IS km It tm 2t lan 21 to Stan f Kelang S pore Natl Per SjM 13 in m KS W Hki llki lI.U SaM 21 la* 23 km IK KB 12IM718 words
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Advertisement868 1979-01-10 15 GRANARD LINE RELIABLE DEPENDABLE NON-CONFERENCE EXPRESS SERVICE NEST BOUND-FAR EAST/MEDITERRANEAN M V MM RAH V 70* MV MM FUK *21 My KNONG FUNG V23M MV MM TAT V.2TH Spore P Kitang Pirung loadng tar. ta Port Ofbovti P Sata Aleiiandria Beirut Lattakia Pweaus Tripoli Benghazi Istanbul 15 tan It tan868 words
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Advertisement625 1979-01-10 15 BEN LINE R OAM HAVRE SOt OK frmct W U A FMMEIMOft H BURG B HAVEN ROAM HAVRE SOTO** W Germany Asslrra Benelui Trance AIUR P Knar* Sport fm Mane Man, SjM SjM SjM SjM SjM 13/1 Hft TWN BeajMer SaM SjM SjM SjM StM 16/1 u/1 JPN HhMkbra M625 words
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Advertisement540 1979-01-10 15 Scan Dutch V ONTAINER SERVICE VIA SUE n i* I :WJ\Z\j »7HL< w:»11: M: i i »i I:eyji feeder troa P KcUag VeH FMNCESCA kM lOt Mil FMNCESCA kNrl MMEM HUMcna X/ 1 k nommi OXMOi 4/2 MIUMM i Finn k mn M laada MMk accapteg C«fi la OM| Ttat540 words
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Advertisement505 1979-01-10 15 GUTHRIE BOUSTEAD AGEMCIES THE BANK LINE LTD. LOADS FOR C. i S. AFRICA iIN won Durban (1 t Ptw* n/a tm Sporf n/Mki p mm east i jmtm mu niinaiMi Pwu* P Mini India* S port LVKES ORIENT LINE EXPRESS SERVICE OMECT FROM SMGAPORE TO «l ORLEANS. MOHLE. HOUSTON. GALVESTON.505 words
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Page 16 Advertisements
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Advertisement916 1979-01-10 16 I Kline KAWASAKI KISEN KAISHA, LTD. TO EUROPE S pot* P Kelang L Havre da«t OHNTM *£SEA*OO 5W u bncge im KPTUC CORAL UN C Mil 14N SJM kPd li lan 17 lan 24i» ni» 21 lan 21 lan 26 Jan 27 ton 2 Feb 3 Feb 9 Fob II916 words
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Advertisement941 1979-01-10 16 U.S.A./EAST CANADA SERVICE acceptmg ra/ia contjukb fmm penang. p. kelang. mm im*« tar ken rm. mrou P umi 3«w»< "IRSIMA ISM" (MSA-21 SO) 19/20 la It//14 tan 14/15 Im 11/ lite E.C./CREAT LAKES SERVICE LoaMng tar: lOFOU. KM TOM. MONTH* TORONTO. ASHTABULA. Of HOT CMCAfiO P«w» BctoMO P lUang s^mox941 words
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Advertisement808 1979-01-10 16 o :V > roiii) SINGAPORE SHIPPING AGENCIES PTE LTD S/\(, WOK I ISI 1 \/)S l/\l *1 P IM| himj laadhfl 9R 9 Fob 9N 11/11 Mar DSR LIMES fast so«co»n*** sorwa fwtwpt: Spare PUm Peru* (Id* Awtrp Host SOMJQBMNBEH 2/1 Fob 4/5 F«k 1 Mar 7 Mar 5 Mar808 words
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Advertisement177 1979-01-10 16 SCINDIA USA/CANADA SERVICE From MOIA/B. OEBH TO PACIFIC NORTHWEST PORTS Lm*| Mr Lmc Buck, (MM. Portland. Vacomr BC, Seat* Pen** f KeJang Singapore JAIAYAIMM Jm 2|/2J Omrtj lan 27/21 JALAIBDM Fab 11/11 (Mb Ft* 12/13 From PACIFIC NORTHWEST FOR INOIA/B. DESH 10ADMG FOR BOMBAY. MADRAS. CKTTAGOMG. CALCUTTA From ATLANTIC A177 words
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Advertisement698 1979-01-10 16 vJaaaary 11, 1979 INTRASEA (PTE) LTD f jbe- House <_ 34E O'Cha'd Sinqapore Telephone 35»6 1 *****5 7 t REGULAR RUMUI SM/FULI CONTAMER SERVICE TO EUROPE v»Kansai Line STRAITS/AUSTRALIA SERVICE. SUMY SYDNEY V.30.. Singapore P Kelang Loadtag tar 21 Fafc 25 Feb Brisbane Sydney Melbourne Adelaide ftMM mmm (fit) i»698 words
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Page 17 Advertisements
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Advertisement251 1979-01-10 17 INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LMER SERVICE TO EGYPT (PORT SAD ALEXANDRIA) STORE PT KEL PENANG PT SAD MIX NUU 1m 13 lai 30 Fat 4 U Frt S Ft* 23 Fat M PTMMDS U Fat 25 Mar 11 M» 1C MM TRANS CARGO PLEASE CONTACT SCHENKER251 words
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Advertisement171 1979-01-10 17 Jg Seatrain Full Container Service to USA rtaa m srm nonet va. hk ow Kit m Man. t J/1 Utkm Mwt Bbac M*» IJ/1 M/t 11/ i V 1» MriUnati 21/1 Su»a* Uw|tM 2/2 21/3 149 Full Container Service from USA Mono «i c/c eur ow u m StJ^JR «/12171 words
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Advertisement135 1979-01-10 17 \\JW ick LINES un soviet FROM KOKA/T AMAH/HONG RONS TO SMGtfOK Man Bu&an Kertw* H Kong S pore m KOOK *.53._ 28/27 Doc 29/31 Doc 5/« ta 14/15 1» SAM DONG *.23-.14/15 ho 17/19 tm H/2?Z 1/3 F? I KORINS MARITIME SFRVICFS PT[ ITD 6TH FIOOR ICP Btlll DING SMJNTOH135 words
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Advertisement141 1979-01-10 17 >«r €*prm*4 &d WEST BOUND IOAOMG FOR MUSCAT. DUBAI ABU-OHA6I. BAHKAM. KUWAIT aifaraj VM* |J A j», n D b, few. a cut vwi u coraw evress nta 19F EAST 80UN) DSCHAftONG OUT FEB. GtORT VI IE 13 1m 14 U« EASTERN EXPRESS VUE (TK) 3 Fdt 5 FiS EASTERN141 words
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Advertisement57 1979-01-10 17 NOTICES DONG BUE LINE M.V. DONG KWANG VOY. IV7» arrived 6.1.79 PSA GO DOWN 20/30 General survey on dint|Ml cargo discharged ex ibe above vessel will be bekJ on Monday I5Ch January 1979. as from 9JO am to 12 noon. No further survey will be held after this dale. AfMMae57 words
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