The Business Times, 12 January 1979
1979-01-12
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The Business Times
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Title Section11 1979-01-12 1 BUSINESS TIMES M.C.(P) No. 141/1/7$ FRIDAY, JANUARY 12, lf» SO CENTS11 words
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BRIEFLY...
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Article84 1979-01-12 1 Reuter BANGKOK, Thurs. Asean is facing another test because of the fall of Kampuchea, Foreign Minister S. Rajaratnam said here tonight. "The war in Indochina between communist countries which ended with the fall of Kampuchea is the problem for us now," he said. Mr. Rajaratnam and theReuter - 84 words
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Article77 1979-01-12 1 Reuter BANGKOK, Thur. Vietnamese-backed insurgents in Phnom Penh today announced they had established the People's Republic of Kampuchea as ousted Deputy Prime Minister leng Sary quit the country. Mr Sary was believed to have been whisked out of the Kampuchean border town of Poipet by a ThaiReuter - 77 words
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Article31 1979-01-12 1 TAIPEI, Thur. The first United States congressional delegation to visit Taiwan, since diplomatic ties were severed, today stressed the Carter administration and Congress' "united interest in Asia."31 words
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Article75 1979-01-12 1 Reuter JERUSALEM, Thur. The US, heavily preoccupied with Indochina and Iran, now seems reluctant to start new Middle East peace talks until Israel or Egypt demonstrates some new flexibility, sources said today. Despite apparent keenness by both Israel and Egypt to get back to the conferenceReuter - 75 words
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Article71 1979-01-12 1 AP. WASHINGTON, Thur. Rising costs of petrol, food and machinery pushed American wholesale prices up 0.8 per cent in last month as inflation kept up its momentum, the US Labour Department said today. For all of 1978, wholesale prices rose 9.1 per cent, the biggest suchAP. - 71 words
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Article74 1979-01-12 1 AP. TEHERAN, Thur. Prime Minister Shapour Bakhtiar, alleging an international plot against Iran's independence, appealed to parliament today to back his efforts to lead the country out of political and economic turmoil. Going before the Majlis, the Lower House of Parliament, for a vote of confidence, Mr BakhtiarAP. - 74 words
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Article49 1979-01-12 1 AP NEW YORK, Thurs. Bad news about the US producer price index and a sagging dollar pushed stock prices down in early trading today. The Dow Jones average of 30 industrials was off 3.64 at 821.29 in the first half hour and declines slightly outnumbered advances. APAP - 49 words
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Chief Price Changes
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Article140 1979-01-12 1 Rises Most Active Ayer Hi tarn Tin 1130 90 S Darby 573,000 Malayan Tin Stme Darby Nat Iron 1200 328 630 30 12 10 Haw Par UOB 125,000 75.000 U I C 308 9 OCBC 47,000 S T P 1975 M Banking C It C 770 625140 words
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Article, Illustration130 1979-01-12 1 Rises Most Active Castlefield 1060 50 S Darby 375,000 S Mai Tin 950 20 Consplant 126.000 Genting 354 10 H Par 121,000 M Banking 640 10 F Merlin 103.000 Tronoh S Darby Magnum 700 332 372 10 08 08 Total Turnover: 1.90m Total Value: M*5 10m Perils130 words
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Article702 1979-01-12 1 COLIN CHEE - TIE-UP WITH OCBC? By COLIN CHEE A MASTER PLAN for Asia Commercial Banking Corporation's future activities is now on the drawing board. The plan, put together by the bank's executive directors, will map out areas for expansion and delineate its future interests. Based on this702 words
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Article274 1979-01-12 1 Reuter THE JAPANESE Cabinet yesterday approved a budget that will force consumers to dig deeper into their pockets for a range of items including petrol, tobacoo and rail fares. The budget for the financial year beginning next April, which totals 38,600 billion yen (***** billion),alsoReuter - 274 words
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589 1979-01-12 1 QUEK PECK LIM - By QUEK PECK LIM SIME DARBY Holdings is likely to begin Us planned thrust into West Asia in two or three months when it begins to operate a carton packaging manufacturing plant in joint venture with Arab interests. Sime's deputy chairman Tunku589 words
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Article154 1979-01-12 1 THE EUROPEAN Economic Community and Asean are expected to conclude an economic cooperation agreement this year, according to a Philippines official. Miss Delia Menez, Philippines vice consul in Brussels, said in Manila on Wednesday the second exploratory talks were scheduled in Jakarta to take place immediately after the154 words
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312 1979-01-12 1 AP JAPAN will mm fee farced U dip lata Ita ail stockpile, afflriah say, >— ft few Hi faaad m altorMte for the Si per oMt at Its ail wfeAeh aarmalty mom frem Iraa. "We were r»-—*-c to iMKwe ear stockpile batAP - 312 words
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311 1979-01-12 1 RONNIE LIM - By RONNIE LIM A US$B5 million to $90 million loan for the proposed 170,000-barrel refinery project of Singapore Refining Company is expected to be finalised in a month's time. It is understood the three banks involved are Chase Manhattan Bank (Singapore), Barclays Bank311 words
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Article155 1979-01-12 1 THE SINGAPORE shipbreaking industry, which in the early 60s was actively promoted by the government, is fast becoming a thing of the past. Only one of the five companies that existed then has survived. Despite the fact that the total tonnage sold for scrap rose by some 50155 words
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Page 1 Advertisements
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Advertisement27 1979-01-12 1 SAFE WITH AN ITOKI SAFE MSMUS m— SYSTEMS (S) PTE. ITO. 47 Po*K«i Block. Goldfen Pl«u Nawton Aoad &ngjpo>* 11 T« C*>* BUSMESTEMS Stngjpor* SEE BACK PACE27 words
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Advertisement69 1979-01-12 1 THOMAS ROBERT AIAAVS ONP STEP a he ar> the trained specialist.. f j&S&S. -j# *«<, V a >• tjs > r A THOMAS ROBERT BROKER l"l v <lU- t Jl> il-v I I risk S H I ;'l .1 j ri. i ,n i -.1 -nt it- riti ,1 in69 words
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Advertisement69 1979-01-12 1 Leader... Page C SHIPPING TIMES la wage tlx- ahtmd 9 lag CHIN Teek Plaatatteas cmaOTOP Jipiara r eiecittwi ew- U J M*» tar mm, ELK caanpaay b a real «p»rt.... jfff rr™; FORUM wtth Jtki Dryedale 1 US lean Viet nbveratoa It FINANCE campaaiet large IN Parttameat yesterday 12 MEM69 words
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Advertisement241 1979-01-12 1 x Mrthi/Dliphf CataMi TM Ob hi Tar Hmt so<. Guthrie Trading Tti: *****5 A *****5 Details la Page 1 «f Shippiag Times. Investment opportunities in oil palm The latest issue of the ASEAN Business Quarterly is full of interest for the businessman (or woman) who wishes to understand, in easy-to-read241 words
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TRADE AND INDUSTRY
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Article415 1979-01-12 2 COURSES AND TALKS Nov 6-Jan 27: Life insurance agents certificate course (English and Chinese), SITC, SITC 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 8-23: Industrial Hydraulics415 words
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Article, Illustration160 1979-01-12 2 AN EXTREMELY diverse range of products will be displayed by British manufacturers at the Asian International Chemical and Process Engineering and Contracting Show (Cbemasta). More than 4# companies from Britain will featnre products ranging from laboratory re-agents and fertiliser technology to mechanical seals160 words
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358 1979-01-12 2 WANG LOOK KEAH - By WANG LOOK KEAH INDONESIA'S tourist promotion office in Singapore will be open officially next month. Singapore has been chosen as a base to tap tourists from South-east Asia, because the Republic, being the top tourist spot in the region, has the potential358 words
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Article151 1979-01-12 2 LATEST figures of donations from private bodies to the Singapore Cultural Foundation show another $119,000 have been received. The collection stands at $669,000 at the end of this week. The Hong Leong Group of Companies leads this week's list with a contribution of $40,000. Yoahan151 words
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Article71 1979-01-12 2 TAN SRI RUNME SHAW and Sir Run Run Shaw, through the Shaw Foundation. will distribute Chinese New Year gifts to 6,000 poor and aged people in Singapore and Malaysia. Some 2.500 from Singapore will receive the gifts which include three kilos of rice. 1.2 kilos of71 words
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Article48 1979-01-12 2 INDONESIA will give import fee refunds for materials used in the production of twenty export products. Minister of Trade and Cooperatives Radius Prawiro said. Mr Prawiro said the government will issue special certificates of export that will qualify exporters for refunds on import sales tax.48 words
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Article193 1979-01-12 2 A SERIES of six television programmes to bring science into the homes of Singaporeans is in the making. The Singapore Science Council, in response to the Minister for Science and Technology's announcement in his addendum to the presidential address in Parliament recently, is organising193 words
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Article100 1979-01-12 2 ABOUT 90 employees of Rose Textile Industries are entitled to annual raises from $15 to $23 per month for monthly-rated workers and $0.40 to $0.60 per day for daily-rated employees under the collective agreement signed between the company and the Singapore Industrial Labour Organisation. Effective from100 words
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530 1979-01-12 2 FOO CHOY PENG - By FOO CHOY PENG TRADE unions, businessmen and government officials do not alone determine real wages at large-scale wage negotiations. Rather, market forces act through workers, employers and government officials which interact continuously to determine the level of real wages. Dr Solomon530 words
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Article, Illustration439 1979-01-12 2 TEO TECK WENG - By TEO TECK WENG SOME 300 prominent Japanese businessmen representing some of Japan's largest organisations will arrive in Singapore soon for a threeday visit. These invited guests will be flown here by All Nippon Airways (ANA), Japan's largest domestic carrier, on Jan 25439 words
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Page 2 Advertisements
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Advertisement621 1979-01-12 2 The world of chemical engineering at CHEMASIA Asian International Chemical Process Engineering Contracting Show Hyatt Convention Centre, Singapore 16-19 January 1979. ChemAsia Conference Programme The ChemAsia Conference is supported region-wide by a number of professional associations: The Instrument Society of America, Singapore Branch; The Institute of Chemical Engineers, Australia; The621 words
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Page 2 Miscellaneous
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Miscellaneous623 1979-01-12 2 I TWO-IS CRYPTIC PUZZLE ACROSS 3 Sees certain blemishes (5) 8 Master and bov become men (5) 10 Singer's oT man? (5) 11 Timely beverage (3) 12 River or army man (5) 13 Cricket finalist? (44) 15 Source of ample syrup (5) 18 Some warmish object by the fire (3)623 words
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REGIONAL
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224 1979-01-12 3 THREE consultative committees have been set up to promote investment in Perak. They are on general industry, mining and forestry. Each will deal with problems connected with the respective industry. Perak State Secretary Datuk Sen Haji Radin Soenarno, who is heading all the224 words
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Article, Illustration396 1979-01-12 3 THE PHILIPPINES has bought *****,000 worth of high-quality reconditioned mining equipment from an Australian company to accelerate development of new copper-mining ventures. The shipment was assembled by Index Industrial Brokers Pte. Ltd. which scoured Australia to find equipment that would fit the mining company's requirements. As the396 words
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370 1979-01-12 3 AFP. THREE areas of difficulties have arisen for Hongkong's textiles export trade. First, suspicions that the Colony's manufacturers may be trying to evade quotas by shipping clothing through Indonesia under the "made in Indonesia" label. Second, suspension last month by the United KingdomAFP. - 370 words
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706 1979-01-12 3 CHINA HAS ordered three large petrochemical plants worth one billion marks (551.17 billion) from Lurgi Gesellschaft of West Germany, the factory builders announced on Wednesday. Lurgi, a subsidiary of Metallgesellschaft, has already received Chinese orders for two other chemical plants, amounting to some 500 million706 words
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Article187 1979-01-12 3 SEVERAL garment manufacturers in Penang are facing an acute shortage of female workers. A few manufacturers have advertised in newspapers and cinemas for workers while a factory in Rifle Range Road has even put up a big board near its factory inviting applicants. Despite all187 words
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373 1979-01-12 3 SOH ENG LIM - By SOH ENG LIM APPLICATIONS for the import of saw logs into Peninsular Malaysia must first be cleared by the Ministry of Primary Industries before import licences can be issued by the Malaysian Timber Industries Board. An official of the Ministry who disclosed this373 words
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Article91 1979-01-12 3 COMPANY executives Mr Tan Koon Swan and Mr Tan Kim Por have both been appointed deputy chairman of the Malaysian Chinese Association Federal Territory State Liaison Committee in a reorganisation which has drawn in several new faces. They include executives, economists, planners and lawyers. The new line-up,91 words
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191 1979-01-12 3 THE Philippine government is preparing a trade mission to four South-east Asian ports including Singapore next month to try and breathe life into a barter trade system designed to help Muslim Filipino traders. Philippine Trade Minister Troadio Quiazon will head the mission to191 words
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Page 3 Advertisements
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Advertisement320 1979-01-12 3 Our world bankers work around the worid,around the dock. t f HWjant Tokyo. 6:07 p.m. V CiirnkatQ t*uiitcai LIT Singapor fl K. Furuhata, Fujitsu (left); and H. Tsurumaki, Bank of America, review Fujitsu's expanding program of electronic exports and discuss necessary documentation. London. 9:12 a.m. Claire Taplett and James L.320 words
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RAW MATERIALS
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Article, Illustration752 1979-01-12 4 IDRC. THE coffee plant is best known for its bean, which, when roasted, ground and brewed, makes que of the most widely infusions in the world. But the celebrated and commercially lucrative bean is literally surrounded by substances that are usually discardedIDRC. - 752 words
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Article211 1979-01-12 4 TRADING on the Singapore produce exchange held steady yesterday. The only significant price movement was noted in coconut oil which had been showing a steady rising trend since the New Year. Pepper traders said that activity was still moving slowly as most of them were not anxious to211 words
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Article147 1979-01-12 4 CHICAGO wheat futures continued their downward trend at midsession on Wednesday with prices posting declines of 1/2 to 1-1/4 cents a bushel. Light exporter buying was offset by commission house selling, with prices influenced by mostly lower soybean futures. Traders noted a lack of fundamental news in the market147 words
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Article251 1979-01-12 4 THE Singapore rubber market yesterday closed very quiet and February One RSS buyers was quoted at 236.00 cents per Idlo. up half a cent on Wednesday's close, dealers said. The market closed the morning slightly higher with February One RSS buyers guoted at 236.25 cents per kilo, up 0.75251 words
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Article341 1979-01-12 4 Prices In cent* per kilo Int. 1 R.S.S. prompt f.o.b. Int. 1 R.S.S. Feb Int. 1 R.S.S. Mar lnt 2 R.S.S. UK/Onrt. Int. 3 R.S.S UK Coat Int. 4 R.S.S. UK/Coat lnt 5 R.S.S UK Coot yesterdajr (per Idlo) Buyers Sellers 231.50 *****N ***** mso 239.00 238 50341 words
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Article119 1979-01-12 4 NOON SSR wd SMR pnm ■AS SSR 20 II urn pallet) SSR SO II bin palleti Mivary (Carml Mtkl Bmjwn Sailers ***** 235 00N ***** Z3100N (For Bmr 233.00 230 00 March ward MU> 235 00N 232. OON MRELB SMRCV SMR5L SMR (IP SMR 5 SMR 10119 words
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Article143 1979-01-12 4 SUGAR FUTURES trading in Hongkong yesterday remained dull on continued lack of interest, with (our lots traded against two on Wednesday, dealers said. March closed at US 8.31/ 40 cents against Wednesday's 8.19/59 close and the distant January at 9.00/30 against 9.30/®0 cents. Sugar future* closing prices: Ctsslag143 words
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Article188 1979-01-12 4 YARN and cotton in Hongkong with price* in HK dollar*. *pot ex-go-down: C*M*n jnn: China Blue Phoenix 10a 2.300. Sa 2.870, 40a 3.000 (per bale erf 400 Us). Plan* g*ad*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lamb* unq. Flower and Butterfly unq; Flying Geene unq188 words
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Article841 1979-01-12 4 COFFEE: At end morning yesterday, robusta values were £8 higher to £9 per tonne lower in a turnover of 1,192 lots. The market was depressed initially by commission house selling and long liquidation with prices losing up to £20 which was in line with most dealers' forecasts based841 words
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Article73 1979-01-12 4 C.I.F. North European port*. In US dollars per ton unless otherwise stated LONDON: Wed Previous Malaysian SHffa bulk per tonne SlSelr February unch March 827-50tlr sao&ir Sumatra 5* ffa bulk Afloat unch 627.50pd January 690slr 637'ipd February MSslr 632-1 pd March MOslr 627 ipd April 635® lr 62Spd73 words
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Article88 1979-01-12 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from Jan 11 until further notice: Bakker: 237 3 < cents a kilo; Cepra: Msl, 157.43 a tonne; Palm kenel: 1955.75 a tonne; White pepper: $4,801.67 a tonne; Btaek pepper: $3,065.61 a tonne; The rates of88 words
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Article618 1979-01-12 4 AP PURCHASES by the Third World and shortage of good quality copper broke nearly 2 1/2 years of depression in world markets and boosted prices for copper wirebars for three months delivery on Wednesday to a new 12month high of £819 (553.685) a tonne. This wasAP - 618 words
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Article93 1979-01-12 4 WORLD stocks of primary akimtotsa were at tMr lowest for exactly fear yean last November at tpn f y ■■>«*—» rrf —T This iNNMtti a U per eeat redarttoa emmpared wtth October (ZJtMM toaaea) aad aver Zl per eeat leas thaa a year age ■y-r-SVg g.y" aad Eaat93 words
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Article27 1979-01-12 4 Rubber: Jan 11 Singapore: February: 236.00 cents (up 0.50 cent) Malaysia: February: 240.26 (unchanged) Tin: $1,796 (down $37) Official offering: 240 tonnes (down 19 tonnes)27 words
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Article281 1979-01-12 4 ■NGAFOBZ: Yesterday'i closing prices ia SI per kilo exgodown: THAI WHITE MO pet drat da* (kangaroo): New crop I II 100 pet second claa OJO 100 pet third daa 0 87 B pet new crop no nock 810 pet OH THAI BROKEN A-super O S > Special OJO Thai281 words
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Article76 1979-01-12 4 THE straits tin price in Penang fell Ms 37 per pkml to $1,796 yesterday, $96 above the International Tin Agreement ceiling, dealers said. The maiicet was affected by the overnight weakness on the London exchange, with mast buyers withdrawn and the continued high supplies of tin metal from76 words
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Article201 1979-01-12 4 SOYBEAN futures closed at or near lows of the day In Chicago on Wednesday, off five to 2-3/4 cents a bushel. September was the weakest in a late flurry of activity. The market showed fractional losses through most of the session with earlier selling attributed to fairly heavy deliveries.201 words
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Page 4 Advertisements
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Advertisement74 1979-01-12 4 Fine antique root carving created about three centuries ago. Late Ming (1620-1640) /Cft***. J I if V 3 a v s K1 ELL r VSIQF x. A iwm s* V %;< <>' A Martell VSOP Cognac. Bottled today by the same family, with the same care and quality as it74 words
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OVERSEAS
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194 1979-01-12 5 UPI CONSUMER prices in the 24 Organisation for Economic Cooperation and Development countries rose 0.4 per cent in November, a smaller increase thah in recent months. The annual inflation rate over six months declined three-quarters of a point to 7 3 4 per centUPI - 194 words
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Article90 1979-01-12 5 Reuter THE US Treasury may announce its formal offer to borrow Swiss francs through a sale of securities some time this week or next, Treasury sources said. But they noted Treasury undersecretary Anthony Solomon be in London later this week for a speaking engagement, and the TreasuryReuter - 90 words
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825 1979-01-12 5 UPI, AP BRITAIN'S industrial chiefs have warned of large-scale shutdowns affecting two million workers and a shortage' of everything from foodstuffs to chemicals and newsprint next week if a nationwide wildcat strike by lorry drivers becomes official. Effective picketing of docks and other keyUPI,; AP - 825 words
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Article156 1979-01-12 5 I—itrtrf1 —itrtrf hit rnpria ttoj Is na<|. Shinto Ike Illegal eapytag aad jililkllw af ctaeana flln», the Federal laveattgattoa Bum* (FBI) >Hi yeaterday. Officials estimate the pirattag eesto legitimate esmaasfes ahsat UB*BM mllltoa (BSIJ Mlltoa) a year. The hwrtgiM—, tovatvtog trade as well Itetare Alms,156 words
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Article726 1979-01-12 5 ARRIVALS Service Local Operator Number Time From SLA SQffi 0620 KWI/BAH MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CPA CX710 1005 HLP RBA BI323 1030 BWN GIA GA90O 1030 HLP726 words
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438 1979-01-12 5 Reuter, UPI NO SOLUTION has been found yet to the difficulties over monetary compensation amounts (MCAs) which delayed the introduction of the European Monetary System (EMS), despite recent talks on Guadeloupe between Chancellor Helmut Schmidt and French President Giscard d'Estaing, deputy government spokesman ArminReuter,; UPI - 438 words
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568 1979-01-12 5 TWO REPUBLICAN members erf Congress, Representatives Jack F. Kemp of New York and William V. Roth Jr. of Delaware, have announced they would again sponsor a bill to cut taxes by 30 per cent over the next three years. They also plan to offer568 words
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326 1979-01-12 5 THE BRITISH Trade Department on Wednesday got tough with international airlines in its effort to force them to shift their operations from overcrowded Heathrow, London's main airport, to Gatwick, south of the capital. The department's frustration in getting more airlines to make the326 words
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358 1979-01-12 5 JAPAN'S JAPAN'S foreign-exchange banks have suspended purchases of export bills for settlement of trade with Iran, bringing all export deals with the riot-torn country to a standstill, it was reported in Tokyo yesterday. The economic daily Nihon Keizai said the suspension, which came into358 words
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WORLD IN BRIEF
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Article532 1979-01-12 5 Agencies JAPAN'S economic assistance to developing nations will increase by 13 per cent this year over the previous year to 720 billion yen (551,500 billion), according to the Japanese Foreign Ministry. The figure represents 0.31 per cent of Japan's gross national product. AN AMERICAN Beaater •ays the geverameat'sAgencies - 532 words
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Page 5 Advertisements
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Advertisement168 1979-01-12 5 :i! i lil 1 i n good to eot...good to sell Australian food and beverages give the consumer quality and value. They give the importer increased business. And there's such a great variety available. Widely different climatic conditions enable Australia to produce some of the finest food in the world.168 words
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Article467 1979-01-12 6 SHAREHOLDERS of Asia Commercial Ranking Corporation are to be asked once again to come up with the funds needed to inject new life into their company. This is a direct consequence of the rebuff shareholders handed the giant United Overseas Bank when it467 words
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323 1979-01-12 6 THE only crumb of comfort to come out ot the Canberra air talks is the solidarity of Asean nations in the face of Australian obduracy. Having failed to separate the partners in a series of bilateral talks last month, the Australians appear to323 words
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Article, Illustration1207 1979-01-12 6 MARGARET THOMAS - By MARGARET THOMAS A REVOLUTION is planned by a small company lurking somewhere in the sparsely-populated and little-known Mandai Industrial Estate. A revolution in the marketing of golf clubs, that is, which could well spread to other areas of sports equipment. Their1,207 words
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Page 6 Advertisements
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Advertisement69 1979-01-12 6 4 W and dine... jy \7y 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: *****G6 COCKPIT HOTEL 6/7 Oxley Rise, Singapore 9 Tel: *****169 words
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Advertisement55 1979-01-12 6 Come and get it! r r Lobdsrs. Bartoscua. Or lamptlng a la carts. Thschoica Is yours. For a hearty meal, away from «H the nuetie and buatte. There's no better place than me Ficua Restaurant at Apollo Sentoea. OoN Couraa Sartmming Poal Smgaport i On* Araort Hot* A aa A55 words
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Advertisement57 1979-01-12 6 Hotel Royal-RAMADA Newton Road, Singapore 11, Republic of Singapore Telephone: *****1, Telex R*****4 Cables: HOTELROYAI Indonesian set lunch daily for lovers of spicy food and our speciality KAN MAS. Try our most-talked about air-flown steaks for gourmets. A special International Buffet from 12 noon to 3 pm. every Sunday. Adult:57 words
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Advertisement55 1979-01-12 6 In the Georgian of the Cockpit a splendid Period restaurant offering the choicest fare in the true British tradition where good tasie triumphs from Beef Vfeflingcn. Buoerfly RDet and a wfcfechoioe of traditional dishes 10 dining in a luxurious period atmosphere Vftth servioe friend and foe praise us for.' A55 words
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Advertisement39 1979-01-12 6 The best place to wine and dine in the worlds fourth largest harbour P5 K ,r •W V-wi f I j EXECUTIVE CHEF: LEO WALDMEIER. MAJTRE D'HOTEL; WILLIAM TAN. SINGAPORE HILTON 2ND FLOOR For reservations ring *****3 extn 253639 words
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Page 6 Miscellaneous
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Miscellaneous24 1979-01-12 6 BliSt^:FraLofcl)iGkfics tN "MPrr CP*S£ NOU'll jjCNQu* ~T*H£ PRSsu>QgD PFnSS 71 7 2LL*/ fff >* BoT WCWORK. Fofc the. crtesTefc OR&PvN vSRTioj I *>W 9J E24 words
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Miscellaneous830 1979-01-12 6 w Christmas repeats PPS BEGINNING to be palatal ta have to paiat thfa «at, bat there a caaple am tHrvktoa taaight, the aeel earprWag ef which to The Twelve Gifts at US ml thfe frteea. atoii a geete that (lain 12 preeeato (milkmaids a-mlUdag,Mc) fer Saata Claas, eaa to ae830 words
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Article, Illustration854 1979-01-12 7 ANALYSIS of metal manufacturing reveals that 95 per cent of production time is lost in waiting and moving. To offset this massive capital wastage nations are striving to perfect factory automation. However, America seems to be losing its competitive edge to Japan asNYT. - 854 words
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509 1979-01-12 7 THE VISIT to the Uaiteri Btatee ef CUm** Depaty Premier Teag Hatae-Plag, h ahaplag ap aa a teat ef the Carter Ariarialelrettoae rieetoreri pefley ef hetwwa The aeherialeri weehleag trip, fcrglialng effidally ea Jaa It, hae areaaeri eeaelrierahle latereet wlthta the hareaaeraey.509 words
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Article637 1979-01-12 7 John Drysdale - [FOBPM, ...with John Drysdale ONE OF the many paradoxes of the world dawned on me (literally) as I lay on a campbed under a wizened thorn tree in what is now known as the Horn of Africa. The sun had just risen above637 words
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Article404 1979-01-12 7 A SENIOR government official recently read a story in Business Times which interested him a great deal. He called the number two man in his office (this official was number one) and asked (or his thoughts on the subject. "What subject?" was the surprised reply. Whereupon404 words
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Page 7 Advertisements
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Advertisement65 1979-01-12 7 41 L up your life at Vanda Live it up at the newly renovated Vanda Bar Styled for comfort and good cheers Sing along with our "l |>: resident duet George David to your favourite request Happy Hours from 5p m -8p m 30°/ discount Singapore Jlfe* Oochidlnn 'M l«65 words
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Advertisement88 1979-01-12 7 "COME, WINE AND ONE IN THE MANNER FIT FOR IMPERIAL LORDS" Now. there's a place where you can really feast like the Imperial Lords. The Chinatown Restaurant. Serving the best of Szechuan cuisine. Shanghainese. Peking and Cantonese specialities. Our chef from Hong Kong promises a wide selection of exclusive, authentic88 words
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Advertisement79 1979-01-12 7 At the Great Eastern Hotel. Raja Theatre Restaurant and Nightclub. With lots of attractive hostesses to charm your heart. Come over- our foreign singers will woo you, while you dine the most exotic meal. Nightly floorshows to entertain you too. We open from 11am 3pm for Tim Sum. 7pm 10pm79 words
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Advertisement77 1979-01-12 7 HOTEL MALAYSIA 40 Cuscaden Road. Singapore 9 Tel: *****1 THt MANDARIN SINGAPORE 333 Orchard Road. Singapore 9 Tel: *****1 THt MARCO POLO Tanglin Circus, Singapore 10 Tel *****1 HOTtL MERLIN SINGAPORE 7500 Beach Road. Singapore 7 Tel: *****11 r f MING COURT HOTEL Tanglin Road. Singapore 10 Tel: *****3 HOTEL77 words
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Advertisement77 1979-01-12 7 V ORCHID INN V V 214 Duncarn Road. Singapore 11 Tel *****2 HOTkL PHOkNIX SINGAPORk Orchard/Somerset Roads. Singapore 9 lei *****6 PkNINSULA HOTkL Coleman Street. Singapore 6 Tel *****1 KAhKLkS HOTkL 1-3 Beach Road. Singapore 7 Tel *****1,34«M4 SHANGRI-LA HOTkL 22 Orange Grove Road. Singapore 10 lei *****4 SINGAPLRA hORLM77 words
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INTERNATIONAL STOCKS
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Article305 1979-01-12 8 Source: SHK Sec Ltd THE MARKET continued its advance yesterday as local investors re-entered in force to push turnover up to 70 million shares. Yesterday's action was most impressive and the market should improve over the next few days, dealers said. Hang Seng index: 528.59 13.31 Turnover: HKJ70.28 millionSource: SHK Sec Ltd - 305 words
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Article612 1979-01-12 8 TOKYO Source: DBS-Daiwa Securities THE MARKET continued bullish yesterday with attention mainly on blue chips. Nikko Securities' mutual funds were active buyers of blue chips, since they set up a new mutual fund called the "Nikko Capital Open Fund" yesterday. However, large-capital stocks retreated, since investorsSource: DBS-Daiwa Securities - 612 words
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Article286 1979-01-12 8 THE STOCK market closed mixed yesterday, with losses and gains about equal in moderate trading, dealers said. Among gainers. Raja Finance rose 20 baht to 1,600, Bangkok Bank and Asia Credit 6 each to 392 and 466 respectively. First Trust advanced 12 baht to 532 and Union Bank of286 words
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Article102 1979-01-12 8 JAN 11 Pesos Acoje Mining .0115 unch A lifts Con. A A lifts Con. B. ZZ 22.00 03 Bftfuio Gold 0125 ***** Benguet Con B BF Goodrich 2900 2350 0.5 -03 £BGR._M 00 unch Lepanto B -2S 0.0025 Marinduque B 40 -005 Meralro 28 00 05 Oriental A Oriental102 words
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Article304 1979-01-12 8 THE MARKET finned in active trading yesterday and the ail ordinaries index row 5.8 points, its biggest rise for some months, dealers said. BHP rose 16 cents to 19.54, Bougainville 5 to <1.75. MIM 3 to 12.73. and BH South 2 to 81.38 on higher copper prices. JAN 11304 words
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European markets
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Article193 1979-01-12 8 JAN M Prmncs ArUOfU Sulaaaa aiuuiik Br 201 1210 M0 ♦1 10 10 Brown Be yen Br 1M0 OMtJ Br. 11(5 Clba CMfj P C MO 25* Credit Sulaar Br 23*0 Credit Sulaae Ret 444 Elektrowalt Br. 1045 Oeor«» Puc her Br SCO OkXMu Pc 4308 Hero Br 200193 words
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Article186 1979-01-12 8 JAN 10 Pis ABM 3D JO 0J Ahold 117 JO -OJ Akao 31 JO 0J Aurv hjo M Am fu in.* 1.7 Am rot Bank WJO 1J £3"" r 42.50 MJO -0.4 •4-1 BoU 71 00x4 -04 Boreumtj 1M 3 Burhmann 73J0 ♦Ol• Byenkort MJO unch Calv* Delft iw186 words
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Article265 1979-01-12 8 JAN 10 Pr* COKBEILLE Alr-Uqulde B S N Ornli Dtnonr C 8 F (ThomaonCtf).— Cte Francmiae des Petroiea Comp*(n>e Fimnctcff 404j0 540 mjo 141.10 +5 11 4J -0J Comptfnle Oenerale Credit Foncter Dt Prune* 417 410 Huhttu tUbrtlrtc) Machines Bull MS -2J so U Mkchelln (B) Paribaj Pechlner Clftne265 words
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Article177 1979-01-12 8 JAN >0 Dm Aef-Telefunken 7T«0B Akaa 28 90 01 AIU Leber) no 10 All. V.r« 575 60 J BAST 137.00 -1 Bar H T Wbank 90S •1 Bay Vbank 315B Btjtr ir so ■OJ BBC 308 -Oi BMW flUt -0.5 311 IS Chem Venr 271.7 -03 ComratnUni B3J0 -2.4177 words
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Article93 1979-01-12 8 J AN 10 Fr» FORWARD MARKET Acec 440 48 Artcd aio J0 Astur CM -4 Brtictn 401 U Bni-L&mb MB 30 Cinptc me 2 Cock SI* 14 De IVrn 1*7 1 RhM atao •t Electrode! oaao -100 Ob-Inno-Bm aao Oct IOO ■4 Hobo* 1705 MB Peiro asao ♦as Rjrl93 words
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Article90 1979-01-12 8 Aaaoc Oen Bajiof) Central* rial Mm -40 531 *30 4301 -at rm *n 1(0 +15 FlrMtder Oen lmtnob in Pn 71J0 -0.75 2285 -U ltalcemenu ***** *80 llalfai 788 8 37SJ0 in 523 *1 Iialakter Mafnetl M PI Mwlll Ere Med lob 226 -2 33KI0 uncta ili ***** +11090 words
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Article322 1979-01-12 8 1 JAN It Rand INDUSTRIALS A Alpha 133 unch Abercom AE And CI Akitr 233 MO ***** 2 5 Bat lows JOB 4-7 Cf Sugar CNA Cum* Finance De Been lnd Edcon 570 20 1(0 100 1423 300 unch 1 yffedi Edpn mo Eveready 200 4-10 red Vol* IK322 words
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Article223 1979-01-12 8 JAN 10 C$ Attftlbl u > unch A lean Alfoma Bank Mont Bank Nora ScoUa Bell Tel 41 >• XI a. 02'. -S -s -s unch iH Beth Corp BP Can Ltd a -S Braacan Came Red Lake Can Imp Bk 10>. 38 unch S 2»S -S Cannae Canpac223 words
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Article27 1979-01-12 8 Reuter INTERNATIONAL Maritime Carriers (Holdings) Ltd. has announceda group net attributable profit of HKJ6.57 millioo ($9.99 million), far the six months ended Sept. 30. ReuterReuter - 27 words
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1286 1979-01-12 8 NEW YORK A LATE sell-off pushed stock price* sharply lower in moderate trading on Wednesday as investors became discouraged by the inability of the market to extend recent gains. Analysts said traders were also worried that wholesale price figures due tomorrow would be disappointing1,286 words
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Article331 1979-01-12 8 Reuter AMERICAN Motors Corporation (AMC) and Renault have signed an agreement which will allow the French company to begin producing its cars in the United States. The agreement, jointly announced by Renault president Bernard Hanon and AMC chairman Gerald Meyers, calls for the immediate adaptation atReuter - 331 words
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Page 8 Advertisements
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Advertisement196 1979-01-12 8 3 4 VSOP Sir Sis/ r -f %M H< >w_* e ~/M 'AVI /AV V v //rw.v/W.A V. 'Vv, -Af' > I >^ vi V£ "'X i > &«S makes business sense: Business Times Unquestionably good ualue Subscribe to Business Times Get a bottle of Courvoisier VSOP cognac into the196 words
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BANKING AND FINANCE
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502 1979-01-12 9 NOORJAHAN KARIM - By NOORJAHAN KARIM BANK of America is now able to handle directly the financing of trade with China. Since the beginning of year, the Bank of China has begun to accept documentation direct from the Bank of America. Before this arrangement, the502 words
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Article382 1979-01-12 9 COLIN CHEE - By COLIN CHEE FINANCE companies in Singapore continued to grow during the year ending last November as assets and liabilities notched up another 13 per cent to $1,968 billion. Preliminary figures from the Statistics Department show consumer financing by finance companies growing at a fast rate. Loans382 words
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120 1979-01-12 9 Reuter DEMAND for gold is expected to continue strong in the near future, despite varying opinions in the market on the effects of possible continued US 'Treasury auctions. Degussa, in its latest precious metals report said, the view seems to gain ground in the marketReuter - 120 words
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MONEY AND EXCHANGE$
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Article393 1979-01-12 9 THE US dollar was traded up against major currencies on the foreign exchange market yesterday. On a firm note, it was brought one way up to close stronger. Against the yen, the US dollar opened at 196.20/30 and began its climb, gradually through the day, closing at 196.60/70.393 words
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Article192 1979-01-12 9 Asian rates ASIAN currency deposit interbank rates as at close on Jan 11 IS Dollars(Spot) Offer Bid 7 days 105/16 103/16 i month 10'. 10 s 2 months 11'. 11 3 months 11'. IP. 6 months 12 3/16 121/16 t 0 months 121/16 1115/16 12 months 12 1/16 11 15/16192 words
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Article52 1979-01-12 9 Ranee of price* offered by discount houaea oa Jan 11: Overnight 4' Call deposita 4' to 4 1 Ckxiaf Bayiaf Selliag 3 month Treasury bills 4'. 4>» 3 month Bank bills 7 9/16 7 7/16 3 month CD 711/16 7 9/16 6 month CD 713/16 711/16 Source: National Discount52 words
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Article21 1979-01-12 9 THE average rale at which Singapore banks are currently prepared to lend to their best customers is 7.75 per cent.21 words
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Article298 1979-01-12 9 GOLD FUTURES in Singapore yesterday turned easier after a firmer opening but prices closed higher on balance compared with Wednesday's close, dealers said. Opening prices were marked up between US$O.BO and $1.80 an ounce in most positions following stronger overseas gold markets. Thereafter the market eased in the afternoon298 words
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Article62 1979-01-12 9 AUSTRALIA NZ exchanges quotes yesterday: US dollar 1.1447 1 1399 Sterling 0 5720 0 5656 Ninety-day air mail buying rates: Sterling 0 5962 US dollars ***** Ninety-day forward buying rates: Sterling 0.5777 I S dollars I 1509 New Zealand: Sterling 0 5296 0 52G8 US dollar 1 0652 162 words
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Article296 1979-01-12 9 THE US dollar in London yesteday opened mixed against Wednesday night's close but steady on late Far East levels in light early trading, dealers said. It weakened slightly on Wednesday night's London close against the mark and Swiss franc, standing at 1.8460/70 marks against the 1.8468/83 finish and 1.6580/96296 words
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Article113 1979-01-12 9 THE US dollar edged slightly higher in late trading after earlier easiness in thin trading in Hongkong yesterday, dealers said. The dollar rose to 196.50/ 60 yen from an earlier 196.20/30 and compared with 196.45/60 in New York overnight. It ruled little changed at 1.8450/60 marks against 1.8445/60 in113 words
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Article164 1979-01-12 9 THE US dollar for overnight delivery closed at 196.55 in Tokyo, up from a 196.30 opening but down from 197.00 at Wednesday's close, dealers said. The dollar fluctuated between 196.00 and 196.60 in very quiet trading, with volume of $361 million, the dealers said. Foreign banks initially sold dollar,164 words
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Article47 1979-01-12 9 FRANKFURT exchanges opening quotes yesterday: Can 1 5610 40 St (j 3 700 710 DO 92 45 57 Sfr 110.90 111.25 Ut 2 204 214 Ffr 43 50 62 Nkr 38 52 62 Bfr con 6 33 34 Blr fin t.244 254 Yen 0 9390 940547 words
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Article, Illustration440 1979-01-12 9 Reuter GOLD bullion imports into Britain are declining as South Africa devotes an increasing proportion of its gold production to krugerrand minting. Bullion dealers believe the London market is being bypassed as auctions of gold by the IMF and US Treasury increase in volumeReuter - 440 words
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Page 9 Advertisements
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Advertisement143 1979-01-12 9 Rank Xerox South and East Asia wish to announce the setting up of a regional office at: lAC Building 680, Upper Thomson Road Singapore 26 Te1:*****11 The postal address is: P.0.80x N0.6 Nee Soon Post Office Singapore 26 This move does not affect our Singapore business operations which will continue143 words
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DEALS DONE ON THE SES AND KLSE
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Article1380 1979-01-12 10 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown > In brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "sett". Big Board1,380 words
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Article115 1979-01-12 10 5 3/4% 1/6/78-80 (250.000) (99 958 101.10S) 4 1/2% 1/8/80 (290.000) (99 288 90.323) 4 3/4% 15/9/80 (250,000) (99.558 99 655) 5 3/4% T F 15/7'Bo-83 (250.000) (102 60S) 5% 15/4/81 (290.000) (***** 99 80S) 5% T F 15/10/81 (290.000) (101.30S) 5% T F 1/5/83 (290.000) (100 108115 words
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Article249 1979-01-12 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday. the period, bids and offered prices and business done, if any. with the number of options traded shown in brackets. Hame P E (March $1.45) (0.428 0.515). Semk SMp (March $1.25) (0.278 0.365). UE249 words
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Article148 1979-01-12 10 HNGAFOBE UNIT TBU IT INCOME BOND UNIT (Mmfn' prim Mr In IX) (Carres* sriees) The Commerce 113 L* Income Bond LIS LIS The Saving Fund 1.34 1.42 S pare Prof Fund 0* 1.00 S pore Sec. Fund 1.74 IM S pore Invest Fund 134 1.31 MAEA BI MIPITRA148 words
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Article2556 1979-01-12 10 Gr« Gr'i Net 1878/79 Company Last Div Div Y*ld P/E Vol Day High Low Sale +or- Cvr (•000) High Low SECTION ONE INDUSTRIALS i 272 132 Ac ma 210 12.0N 1.3 5.7 22.8 238 123* Alcom 234 10.0 2-2 42 173 178 107 Allied Choc 115 unch2,556 words
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Article1550 1979-01-12 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown In brackets in IoU of 1,000 units unless otherwise specified. INDUSTRIALS Attain (1 878 IMS). A Chat (1.17B). ■ata (2.948) (11) 2521,550 words
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Article, Illustration592 1979-01-12 10 THE LAST lea miaatea af tradiag at the SUok Exterday made ip ittußlH peer perfermuee ttrnghiat the day. Share price* ipeiißl easier feilewtag the weak dm oa Wedaeaday whoa the Straits Timet tadex fell tor the Ant Oar this year. Ike592 words
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557 1979-01-12 10 BETTER SENTIMENT enabled prices to close slightly higher at the Kuala Lumpur stock market yesterday. Trading was, however, hesitant and selective, with the market favourites accounting for the bulk of business. In spite of the recent favourable developments in the form of Sime557 words
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Article44 1979-01-12 10 Bavts SEA: EOGM to be held at the Negara Room of the Kuala Lumpur Hilton, Jalan Ismail at 12 noon on Jan 15. Batata BydraaBe Tla BM BOGM to be held at 25. Beach Street, Penang, at 12 noon on Jan 18.44 words
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COMPANY NEWS
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Article369 1979-01-12 11 AFTER the adverse profit setback encountered for the year ended Aug. 30, 1978, Chin Teck Plantations chairman Mr. Goh Tjoei Kok is optimistic that better results will be achieved in the current year. For the year ended last August, Chin Teck reported a near one-third fall in369 words
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Article683 1979-01-12 11 PHILEMON SOON - By PHILEMON SOON LAST year was a period of immense growth for the motor industry in Peninsular Malaysia and Singapore. Against a background of favourable economic growth, the market for passenger vehicles was buoyant, enabling practically every motor company to turn in substantially improved earnings for683 words
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259 1979-01-12 11 PERMODALAN Nasional Bhd. (PNB), a subsidiary of the Bumiputra Investment Foundation, has invested MJ49.96 million in seven companies listed on the Kuala Lumpur Stock Exchange up till mid-Novem-ber last year. The companies are Sime Darby Holdings Ltd., East Asiatic Co. (M) Ltd.,259 words
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Article174 1979-01-12 11 ONLY FOUR DAYS TO GO warn by HOCK LOCK SIEW HEBE'S A WARNING to *arrh>Htrs at FirEntn Betels Devetopmeat Ltd (FEHD) Yn bw amty tear days to ga before yea ead ap as eae at a huMl at ■ha rehaHws at a eempaay toil's abaet to gl llto Hmha IVby HOCK LOCK SIEW - 174 words
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Article30 1979-01-12 11 has informed the Stock Exchange that its transfer register will be closed from Feb 20 to 26 to determine entitlements for the bonus issue of ooe-for-three.30 words
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Article26 1979-01-12 11 has moved out of its Alexandra Road premises to prestigious Shenton Way. Its office is now on the sixth floor of Shing Kwan House.26 words
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Article29 1979-01-12 11 has announced that the name of it whollyowned subsidiary, Agricultural Tractors Sdn Bhd, has been changed to Associated Tractors Sdn Bhd with effect from Jan 2,1979.29 words
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Article39 1979-01-12 11 said its board of directors now comprises of Mr.J.G. Gilmour as chairman and chief executive and the following directors: Messrs T.C. Wright, Wee Cho Yaw, L.E.C. Letts, D.R. Elder, K. St.Johnston, H. Kaiser and Alan Choe.39 words
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Article364 1979-01-12 11 Current Ex Books Date Total for Total for Paymeat Date Close Payable the year Previous year Boustead 10%I Dec 13 Dec 26 Jan 12 10% 18£%(a) Supreme Corp 5%<b) Dec 19 Dec 31 Jan 12 5% 10% FAN SHI Dec 30 Jan 8 Jan 13 8% 22% Kiauitiii364 words
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Article116 1979-01-12 11 Company Particulars Ex Date Books Close Berjaya Kawat Bonus Issue of 1 for 2 Jan 9 Jan 19 Rahman Hydraulic Bonus Issue of 1 for 2 Jan 16 Jan 26 P. Product* Bonus issue of 1 for 4 NYA NYA MBS Rights Issue of 1 for 2 C*C116 words
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Page 11 Advertisements
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Advertisement1222 1979-01-12 11 As Sime Darby Holdings mounts its bid for Guthrie Corporation, the first question that comes to mind is what has Guthries got that Sime wants To answer this question, Business Times lays out the structure of Guthries and the prospective earnings for the company as projected by the British stock1,222 words
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Advertisement271 1979-01-12 11 j) British-American Tobacco Company (Singapore) Ltd. NOTICE OF MEETING NOTICE is hereby given that the THIRTY-SIXTH ANNUAL GENERAL MEETING of British-American Tobacco Company (Singapore) Limited will be held at the Carlton Hall, Blue Room, Goodwood Parte Hotel, 22 Scotts Road, Singapore on Friday, 9th February, 1979 at 11.00 a.m. for271 words
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628 1979-01-12 12 AP THE U.S. IS concerned that Vietnam may try to spread its influence to other South-east Asian 'countries now that it is the dominant force in what was once French Indochina. That, according to one US official, is the biggest unanswered question inAP - 628 words
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Article237 1979-01-12 12 MALAYSIA is adeptlag a "walt-aad-■ee" attltade ea the qaestlea netpWag the sew Kampaeheaa regime ia Phem Peak, FMp Mais, ter Teagka Ahmad Bithaaddeen said ia Kaala Lampar yesterday. He said the geverameat is watchlag the sitaatisa very eissely. "What happeaed ia Kampuchea was laest aafertaaate,237 words
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345 1979-01-12 12 THE STRAITS tin price yesterday fell Ms 37 a picul, continuing the decline which started on Wednesday. Tin was traded at M 51,796, just $96 above the International Tin Agreement ceiling of $1,700. Dealers in Penang said the market was affected by the overnight345 words
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Article895 1979-01-12 12 LONDON, Thurs. Government bonds closed lower today and equities were narrowly mixed after inin»i easiness in quiet trading, dealers said. At 3 pm the Financial Times index was down 0.9 at 477.7. The road haulage and rail dispute dominated market sentiment again while an increase in the government's895 words
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171 1979-01-12 12 AFP CITICORP Overseas Finance Corporation NV (COFC) will issue a Asls million (5537.20 million) bond in the Asian and European capital markets early next month. The five-year bond, denominated in Australian dollars, is expected to carry a coupon rate of 11 per cent. AAFP - 171 words
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Article116 1979-01-12 12 AFP MALAYSIAN Airlines System (MAS) made a profit of Ms 47 million from its Saba h Sarawak-Singapore route during its 1977-78 fiscal year. Malaysian Deputy Transport Minister Dr. Goh Cheng Teik told the Dewan Negara yesterday that if Singapore Airlines was given the right to land in theAFP - 116 words
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Article, Illustration295 1979-01-12 12 THE RULING People's Action Party (PAP) yesterday introduced its fourth candidate for the coming by-elections. He is Dr. Koh Lip Lin (right), 43, associate professor of chemistry at Nanyang University. He revealed he was invited only recently to be a member of the party. Dr.295 words
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252 1979-01-12 12 SINGAPORE has strongly 1 protested against Austra- lian aviation policy during a three-day meeting between Australia and Asean on new air fares. Australian government sources said the talks broke up late on Wednesday night, a day earlier than scheduled, with no agreement reached252 words
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Article440 1979-01-12 12 MARGARET THOMAS - I IN PARLIAMENT YESTERDAY fc. V W M/ .jLgfe:. ,::r By MARGARET THOMAS ABLE PUBLIC servants must be assured that their promotions within the Civil Service will be based as much, if not more, on merit as on experience. This point was stressed by Mr.440 words
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Article184 1979-01-12 12 COMPANIES should be made to stick strictly to the provision in the Companies Act requiring them to transfer shares within one month. This call was made by Mr. Tan Soo Khoon (Alexandra) when, in his speech, he welcomed the Finance Ministry's proposal to amend the184 words
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Article90 1979-01-12 12 PARLIAMENT was asked yesterday to re-examine a previously unquestioned assumption that Australia is a friendly part of South-east Asia. Calling for an examination of this traditional view of the country was Dr. Ong Leong Boon (Kim Seng). Speaking at yesterday's session of Parliament, he dwelt at90 words
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Article89 1979-01-12 12 THE POLICY of turning Singapore into a convention centre is a correct one as the expansion of tourism should not be a linear one. This was Mr. Mansor Sukaimi (Kg. Kembangan)'s comment yesterday on the Singapore Tourist Promotion Board (STPB's development of the indusrty in Singapore. He89 words
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207 1979-01-12 12 IT 18 AMAZING that there ha* recently haea —eh a yrteh wi r twdtm af ekugei la eiaeattaaal HjejwfcM the Wm f nH*ti>r r IML2L«! ttea pwWtM arlateg Mt •f the earlier ehaagea It B>^CMMMrtedI Mr «a Evea with aaly the everyday preMena207 words
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Page 12 Advertisements
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Advertisement212 1979-01-12 12 ROYAL BANK APPOINTMENTS The Royal Bank of Canada announces that W. Earle McLaughlin has relinquished the post of chief executive officer of the bank. He will, however, continue as chairman of the board. Rowland C. Frazee, president of the bank, has been appointed chief executive officer, effective January 11th. The212 words
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Advertisement87 1979-01-12 12 -JE3K— 5 I*l <rjf -.i?~ -if 3^ v rfei l *&f In 107 countries, puwm't find a better-tasting scotch at any price. All over the world, people appreciate the extraor- superb Passport blend. And its this exceptional dinar) taste of Passport Scotch. Because we use taste that causes people in87 words
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Page 12 Miscellaneous
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Miscellaneous56 1979-01-12 12 Outlook for Singapore from 6 a.m. to noon today: Windy ?L I rt f#r U I*** l RJn. Jaa 11 the alrpert: Maximum temperature 30.1C Associated humidity 52 Minimum temperature 22.1C Associated humidity 95 Hours of sunshine 8.50 Rainfall in millimetres NU Total rainfall for the month 72 5 Total56 words
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SHIPPING TIMES
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PORTSIDES
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Article87 1979-01-12 13 UPI SUBSTANTIAL US trade with China probably will not begin until China builds modern harbours, docks and overland transportation systems, says a port of Seattle official recently returned from a tour of Chinese ports. Port chief engineer Mr. Vernon Ljungren said on Wednesday that China wasUPI - 87 words
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Article132 1979-01-12 13 THE LLOYD'S Register of Shipping's yacht and small craft department launched its new quality approval marks last week during the annual Boat Show at Earls Court in the UK. The scheme will benefit all boat buyers and consists of new quality marks which yacht builders may affix132 words
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Article51 1979-01-12 13 FT THE NORWEGIAN Trondheim Maritime College has taken into service a dynamic training simulator for diesel engine plant operation to assist in its training of marine engineers. The instructor can alter the behaviour of the process computer models to obtain a realistic running of a ship's machinery.FT - 51 words
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Article, Illustration588 1979-01-12 13 RAHIM KASSIM - By RAHIM KASSIM THE LONE survivor in Singapore's short-lived shipbreaking industry, National Shipbreakers, is not able to get as many ships as it would like to have. For the whole of 1978 the company scrapped 20 vessels which yielded some 15,000 tonnes of scrap metal. This is588 words
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Article159 1979-01-12 13 UPI FEWER fixture Milli came to light, hat iasaffito taMrtnfete ewtataed sttadtaess la Mh the aerth aad eeath Attaatte. US (kVWapu grate Bifag la (set itiwl leae rate herdnaleg whea a $M*4ea Jaa 12- leader seeared the firmer level ef UBslsJl (8t») (FIO). Ne farther US OalfUPI - 159 words
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Article363 1979-01-12 13 AFP AN INTERNATIONAL grouping of shipbuilders, shipowners and bankers on Thursday unveiled a "scrap-and-build" programme aimed at meeting the serious crisis now expected to hit the world shipbuilding industry between 1900 and 1982. The programme, presented to the Organisation (or Economic Cooperation and Development (OECD)AFP - 363 words
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2671 1979-01-12 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 of2,671 words
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Article520 1979-01-12 17 Shipping Line PNPe Csl Whipping line Page CM ACS Afea Aguila Alpac n IV IV IV Lord Stir f Lu 5 Lykes IV n ra 3 2 5 Angkutan IV J Maersk i 4/5 2 ANL i Maldive V APL m Medtainer 5 IfcMfc IV 1 Arya Nat n520 words
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Article884 1979-01-12 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 the884 words
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Article905 1979-01-12 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. Aguila Oriental—Same. Ahli Shipping— Sharjah. Alfred C. Toepfer LineIn termodal. Algerian National Line (CNAN) —Uni pacific905 words
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Article, Illustration621 1979-01-12 18 BRITAIN'S order-hungry oil platform construction industry could experience a minor boom this year. Although concrete designs are still out qt favour with the major offshore oil companies, the three remaining established steel platform yards could all win large orders this year. British Petroleum is621 words
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Article, Illustration393 1979-01-12 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Alps Maru (0000 after Fortune Mariner) 35/36. Fujiharu Maru (2000 a fter Sumber Mutiara IV) 20. Fortune Mariner (0530) 33/ 34. Golden Glory (1800) 25. Hoegh Orchid (after Cherry Field) 8/9. Johneverett (1200) 40/41. Jurata (after Kii Maru) 46. Kota Bali (1500393 words
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Page 13 Advertisements
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Advertisement219 1979-01-12 13 JU Ntdloyd Lines "F Call us We call the world Agents. Nedlloyd EAC Please refer to page 3 y*» n md FULLY CONT/UNERtSCD SERVICE FROM EUROPE (VIA SUEZ) CIOSMG TICS (S-rag) fCI IS/1 0100 MS ICI 15/1 1300 HRS FULLY CONTMNEMSED TO/FROM US WEST/EAST COASTS, PNW (STRAITS CARGO VIA FEEDER219 words
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Advertisement195 1979-01-12 13 m All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability. n n? I T S3 Vessel S pore Loading for leddah, Hodetdah. Aqaba Jeddah, Hodetdah. Aqaba CM SOLOD SMPfWG MENCCS (R*t Nt 242K5/00C) 3RD FIOOR. MUM HOUSE. SMIGAPORE 11l *****94 TELEX NO RS2S4I9 CfS OfC195 words
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Advertisement381 1979-01-12 13 ■NOL NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONT/UNERtSED SERVICE S oore P Miaac F stowe Havre R dam m Dun Brem ss WW /Trcrmsr sf* 2rm ifm 5 r«o «F«* Ml COML Mia nia 12 fab fafe II Fife 12 F«fe 13 FA C PAUL 21 i»381 words
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Advertisement721 1979-01-12 13 L Ist class 5 (transport B Agents: Nedlloyd EAC For further details, please refer to page 3 Scan Dutch V MAERSK LINE far US Paobt, Call I Altoabc ate [ate Canada tor Hi FULL* CONTAINERIZED EAST DIRECT WEEKLY Btitimort KJI I H H 17/ 2 nn 3/3 W/J 11/ 2721 words
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Page 14 Advertisements
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Advertisement739 1979-01-12 14 Hapag-Lloyd FULLY CONTAMttSED TO EUROPE Sporf PKetanf Pen Mk in Genu H*bv| B'haven Rdam Antwerp Holsatia IS 1 13/2 I Paid Rickmers 29 I 31 1 3/ 2 27/ 2 FULLY CONTAINERISED TO GENOA/TMESTE Spar* P Krtanj Genoa Trieste Alemanma Eipress 18 1 201 7/2 13,2 Medrterranea 21 1 79739 words
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Advertisement531 1979-01-12 14 f* 10/11 Nfc 22/23 Fofc 13/14 Fofc 25/27 Fat 21/22 MbC/7 Neil Arm at "TIOS" laa 17. "TAGATW laa 27 T« US ATUMTK US GULF t EAST CANADA Mar 25 Apr Mar 24 Apr Mar 30 Apr A»r 1 Apr (lAC) |CB) ltK-13/1 ••11-1 I tafcd TT> los Azotes 17-11/3531 words
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Advertisement652 1979-01-12 14 EVERGREEN LINE (EVERGREEN VARINE CORPORATIONI FAR EAST/RED SEA, MEDITERRANEAN 1 EXPRESS FULL CONTAMER SERVICI ALSO ACCEPTMG CARGO FOB GENOA. LATTAIUA. BEWUT ALEXANDRIA, BENGHAZI. TIBPOLI (LBYA) S par 'MM fmi Sari Imml ltfl»« (Milt** Klan 7 Fft UFA MF* II F* E»«r Mki M Frt 27 Feb 3Ha t Ma> UM»652 words
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Advertisement897 1979-01-12 14 i i I Everett Lines Barm Fhra Star Shipping Corfu. "BURMESE NATIONAL LINE" u— ran—ow f V BFSSC Ag«nn n Moloysn TtPi WALAYbIA Port K along TeH3B>-7355 Penong Tel *****/***** Compania Argentina Da davaiacMH Intarcontinamal S. A. C.I. F. "ARGENTINE NATIONAL LINE" PATAGOM MttNTM CtA Transportadan Maritima Maxicana S. A.897 words
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Advertisement519 1979-01-12 14 UO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHE NT ON WAV MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****70 ga SANKYO LINE AUSTRALIA SERVICE P. Keiant Smfapore Loadng far: DMMO»STA* 13/15 lan In Port STB. MEL. AOEL 17/19 lan 15/18 lan MS. STO. MELB519 words
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Page 15 Advertisements
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Advertisement502 1979-01-12 15 Overseas ■■I Containers Limited COMTAROSW sawct TO w/cowmw. It SINGAPORE MANSffLO CONTMO SERVICES. PTE LTD *****1 K LUMPUR CONTMO AGENOES *****4. P KELJWG 38*006/1 PENANG 6UTHRI BOUSTEAO SHPPMG MENCCS *2301/3 Australia Straits Container Line m i (A MEMO) Of TIC MK) COKSORTRJM) RO-RO CONTAMRSHP SERVICE TO/FROM AUSTRALIA Agencies Sdn BM.502 words
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Advertisement928 1979-01-12 15 f T\ GRANARD line RELIABLE DEPENDABLE NON-CONFERENCE EXPRESS SERVICE NEST EAST /MEDITERRANEAN Spare P letang Penang Inadtag tar: MV MM FUNG V2IM 15 tan II tan 20 tan MM PSaid Alexandria Limajsd Beirut lit Mia Pireans, Tripoli Benghazi Istanbul M l KNQMC FUNG K.23M. 4 Ft* i Feb I Feb928 words
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Advertisement726 1979-01-12 15 }KBEN LINE CONTAINERS n .it: iV: t ViiTiiV-iiirr "MC rNHB TO HMOPt Spore P MU* WGermj*y Aastna In Hanferf Im** Wl M/l 3/2 s/2 9rtaan Eiprtss 21/1 22/1 11/2 14/7 Utm Mm 27/1 29/1 21/2 22/2 •■tefcr 7/2 14/2 24/2 C*y* Etftent 7/2 1/3 j/j Tttat Eiprtss 13/2 IV2 4/3726 words
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Advertisement523 1979-01-12 15 Scan Dutch 9 EXPRESS CONTAINER SERVICE VIA SUE win r.v m Ma HMk KOfka cap la Chte« Ita a/12 12W tears EASTBOUND FROM MED/UK. w»Mt 11:1»] i:r.vir ALL IB mut acccpknf Fa/fQ iOifcH carp to 111*—11 lan* CONVENTIONAL SERVICE TO EUROPE (VIA SUEZ) S«|apat P MM| Paia* N* ID KStnm523 words
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Advertisement588 1979-01-12 15 r GUTHRIE BOUSTEAD IS™ THE BANK LINE LTD. LOADS FOR E. ft S. AFRICA ißnmm Dvftaa EL ft. •> Si ram east south mm Earl* let S port LVKES ORIENT LINE EXPRESS SERVICE DKECT FROM SMGAPORE TO NEW ORLEANS. MOHLE HOUSTON. GALVESTON. ALSO ACCEPTMG CARGO FOR BANGKOK. MAMLA TAIWAN. HONGKC588 words
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Page 16 Advertisements
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Advertisement905 1979-01-12 16 Kline KAWASAKI KISEN KAISHA. LTD. TO EUROPE S pent P Kefawf I Hitre Rdam S I MDCf 19* 116 lan 17 tan 2 Feb 3F* kptukcobal nar nia »f* 10fa C PAUL 14M »la nia 14 Fab 15 Ft* N FIMH. 13H 10 Feb 11 Feb 27 fib 2IF* C905 words
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Advertisement890 1979-01-12 16 U.S.A./EAST CANADA SERVICE acceptrk ra/ia con mob from penang. p keiamg stone lutoi *m mm rm. mmou Peaaag Btitwin P Mlaag S«npme ■mm am- (imm sq> 20/21 ka u//i» ta u/i* k pi/mmi E C /GREAT LAKES SERVICE Laa*« M NORFOLK TOM MONTREAL. TORONTO ASHTABULA. DETROIT. CHCACO Penang Beta* an890 words
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Advertisement635 1979-01-12 16 I *r .\(.roii|> SINGAPORE SHIPPING AGENCIES PTE LTD Sl\(, tf'OKi; /si. i Mis C l lifMl Wa> ban kdut com mo somas to from mac* 01 STORE BANGROR MK MMTT n IC/17 Im 11/21 tan MOE BOWTY *3 H/241m 24/27Lm MCE BOUNTY V 4 a/1 F rt J/5 frt DSR-LIIMES635 words
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Advertisement435 1979-01-12 16 MUMfSMff MTIMMAnOftUU SHPMNG CO*PO*ATtOH Bf*MA£> EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVI TeAei *P WM| EUMOU UM TOT Ml EUMOU 29/1 KMC 29/1 «HO FtAKXSCA 4/2 NfUM I) 9arc*taa». tm 2) I ERSTBOUW* I>C Arc Am*« 3) 4) «dan> 5) Le H P Mai* Spote MU HOUTMAN Sated SM Saded Sated435 words
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Advertisement733 1979-01-12 16 INTRASEA (PTE) LTD F.tbf House O'f (\1 Ro,<cJ 9 T elephonr Kansai Line STRAITS/AUSTRALIA SERVICE Singapore P Keiang loadkig tar: SUMY SVMEY V.30 2S F«fe 25 Feb SSt/Sn*■» Melbourne/Adelaide to* awn bmi mon-man ami; K Üb»b 10 IMII IWMC —WW MNi. 4Mf 71 ALPAC LINE SOUTH AFRICA SERVICE S pore733 words
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Page 17 Advertisements
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Advertisement226 1979-01-12 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LINER SERVICE TO EGYPT (PORT SAD ALEXANDRIA) STORE PT KEL PENANG PT SAC ALEX Wit U l» 13/14 I* 30 Feb 4 STHMR U Feb 4 Fete 23 Feb 28 mim)S U Feb 25 M» 11 Mar 16 MAR TRANS CARGO226 words
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Advertisement124 1979-01-12 17 M A L D I V E LINES A SAM ICR LINES !T~ im sotwcc FROM KOKA/TMMAM/HONG KONG TO SMGJtfOK Inchon Busan Keeiung H Hong S pore HAN KOOK V.53....»/27 Ok 29/31 Ok 5/1 Jan 14/15 1m SMI DOM *23 ....14/15 lan 17/15 lan 24/27 tan 2/3 Fat KORINS MARITIME124 words
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Advertisement161 1979-01-12 17 mi FAR EAST WEST AFRICA SERVICES CONTAINER SERVICE ETA STOK ETA LAGOS IS lw tftb ETA FJMRCOWT 4 Fab M V KVOSO MAW IS 1M Fafc 4 Fm (SEN NO. 8MC744) c*n«e Up*. Mm h*. I «w BULK SERVICE (NON-CONTMNERBED) STOK P KELANG PENANC LAGOS A VESSEL 23 Jm SUW.161 words
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Advertisement217 1979-01-12 17 S-ar €a*t £lnm* igtd WEST BOUND LOADING FOR MUSCAT. DUBAI ABU-OHAfN. BAHRAM. KUWAIT ETA ETO Al FMtAJ VS4N 21 J» 22 k FEU GLORY m* SN» Jf CONFDEHCI EXPRESS NM 10 Ftfc 20 Ft EAST-BOUND D6CMMGMG OUT FEU CLORV VSIE "to 14 k EASTERN EXPRESS VS3E (TBC) 3F«fc 5F EASTERN217 words
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Advertisement89 1979-01-12 17 FAR EASTERN FREIGHT CONFERENCE NOTICE TO SHIPPERS L.C.L. (Less Than Container Load) Service Charges at North Continental and Scandinavian Ports As a result of Port Tariffs Restructuring and the Introduction of Port Liner Term Charges at certain North Continental and Scandinavian Ports, the Far Eastern Freight Conference wish to advise89 words
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