The Business Times, 17 January 1979
1979-01-17
1
18
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The Business Times
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Title Section10 1979-01-17 1 BUSINESS TIMES M.C.(P) No. lit/1/19 WEDNESDAY, JANUARY 17,1179 50 CENTS10 words
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BRIEFLY...
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Article56 1979-01-17 1 Reuter JAKARTA, Tues. Indonesia has no objection to flights by the Concorde supersonic airliner over its territory, Communications Minister Rusmin Nuryadin said here. Concorde will resume its London-Singapore service on Jan 24 after the lifting by Malaysia of a year-long ban on the airliner for aReuter - 56 words
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Article86 1979-01-17 1 AFP JAKARTA, Tues. A leading Indonesian Member of Parliament today called on the government to revise its oil policy to make it more attractive for foreign oil companies, following indications that some of the firms no longer showed interest in exploring Indonesian oil. Deputy chairman of theAFP - 86 words
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Article61 1979-01-17 1 AFP ANTWERP, Tues. The West German Hansa Lines, one of the chief shipping lines handling trade with Iran, announced here today it is suspending its Iranian service. Ships controlled by the company were switched to other ports in the region in the light of the Iranian customsAFP - 61 words
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Article61 1979-01-17 1 AFP ARANYAPRATHET (Cambodian border), Tues. The Cambodian battle front today moved closer to Thailand with heavy artillery and machine gun fire heard only 5 km from the border. Thai troops stationed at the border village of Klong Luek said the pounding of heavy artillery and machine gunAFP - 61 words
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Article79 1979-01-17 1 UPI LONDON, Tues. Striking locomotive drivers brought Britain's state-run railroad system to a standstill today, adding new transport woes to the stranglehold on industry of a five-day old truckers' walkout. The country's 28,000 engine drivers walked off the job at midnight in the first of two 24-hourUPI - 79 words
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Article63 1979-01-17 1 UPI BERNE, Tues. Anthony Solomon, US Treasury Undersecretary for monetary affairs, met with Swiss government officials today to discuss international cooperation in stabilising the US dollar. Mr Solomon held talks on Monday in Zurich with Fritz Leutwiler, president of the Swiss National Bank, to finalise detailsUPI - 63 words
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Article74 1979-01-17 1 UPI NEW YORK, Tues. Blue-chip issues were hard hit as stocks headed lower early today amid indications that interest rates were about to rise again. Trading was fairly active. The Dow Jones industrial average, which soared 12.39 points yesterday in its best gain in three weeks, was offUPI - 74 words
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Chief Price Changes
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Article132 1979-01-17 1 Rises Most Active Ayer HI tain Tin 1100 30 S Darby 396,000 Sin Chew Sel Coconuts Slme Darby Nanyang Press 354 334 328 312 14 14 12 12 Consplant H Par UOL 221,000 174,000 118,000 Perils Plant O C B C F <i N 241 11 Total132 words
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Article, Illustration144 1979-01-17 1 Rises Most Active Castlefield 1080 -1-30 Consplant 521,000 A Amai 500 20 S Darby 361.000 OCBC 820 20 KL Kepong 115,000 S Darby 332 12 H Par 100,000 Genting 336 10 Total Turnover: 2.28m Sel Nut 344 10 Total Value: M$5.69m M Banking 640 K L Keponv144 words
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Article704 1979-01-17 1 ARTHUR NG - TAKEOVER BATTLE AHEAD By ARTHUR NG SIME DARBY intends to proceed with its bid for UK-based conglomerate Guthrie Corporation whose board has refused to negotiate with Sime over the acquisition. The battle for the hearts of Guthrie shareholders is now on with both camps704 words
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Article233 1979-01-17 1 Reuter JAPANESE Foreign Minister Sunao Sonoda yesterday told Thai Prime Minister Kriangsak Chamanand that Japan would take concerted action with Asean in dealing with the Kampuchean issue. Mr Sonoda and Mr Kriangsak discussed the new situation in Kampuchea, where a Hanoi-led government has ousted the pro-Peking regime,Reuter - 233 words
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Article, Illustration444 1979-01-17 1 JOHN TAN - By JOHN TAN COST of living in December moderated and Singapore was fortunate to close the year with a better-than-expected 4.8 per cent inflation. The December Consumer Price Index (CPI) was only 3 per cent higher than a year ago mainly because food prices and444 words
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224 1979-01-17 1 THE MINKTBY for Cmauuleatioaa la eaaiiltlai tit AtteraeyGeaaral*a Chambers aa Ita ■wt rtey faUawtag the etel iiwwiit XeTacea Qaatu Mi fttaf parr lilltlM la —II Airam ■wntvnir effective treat May. ei that a MtfeTaf termlQmUm aa Hhnpin aE The mmmtU agreemeat alia224 words
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491 1979-01-17 1 COLIN CHEE - By COLIN CHEE SINGAPORE'S top civil servant, Mr. Howe Yoon Chong, is tipped to become the Education Minister. He is expected to take over the portfolio from Mr. Chua Sian Chin, the Minister for Home Affairs as well as the Education Minister. Mr.491 words
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Page 1 Advertisements
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Advertisement35 1979-01-17 1 whatever you need in menswear, get it at... MOHAN'S DEPT. STORE (PTE.) LTD. 321, Orchard Road W *****22 (next to Mandarin Hotel) Branch K>l. TangNn Shopping Centre DM *****40 Daily :9am-9 pm SEE PAGE 535 words
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Advertisement61 1979-01-17 1 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 PTE. LTD. Suite 801,861 words
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Advertisement48 1979-01-17 1 SHIPPING TIMES THE eart i pwjMlll ORDERSp MALAYSIA fetter UK I ETHICAL h «f Miyi is Urge tag rate........ WHY ItoA sktf NANYANGgn VOCATIONAL bereglstoni.. A FLAMING e tkekeMltoei CROSSWORDS t, MEMOPAD t, AIRCRAFT SCHEDULE i, TV RADIO f, STRAWS IN THE WIND 7, POBEZ I, mabm if.48 words
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Advertisement216 1979-01-17 1 ="&?_"_^`$@;%',}.]-<,!+&^+.^?'! olivet i I *<' 5? lii > Vv x f !\\v >y. VIr 77>e ftf/ror 4C—a robust, yet very elegant, machine. The heavy-duty Editor 4€ is built for continuous use This is a very tough, fast typewriter that'is easy and reliable to operate. It's trouble free. And it doesn't216 words
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TRADE AND INDUSTRY
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312 1979-01-17 2 MASS SUPPORT, the injection of private entreprenuership and the independence of operations are the three factors behind the success of the local cooperative movement. This point was made by the Minister of State for Defence, Mr. Bernard Chen, at the postal, telegraph and312 words
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Article183 1979-01-17 2 ALTHOUGH SALES of electronic and measuring equipment manufactured by John Fluke Mfg. Co. is showing tremendous growth in the Far East, the US company said it is still too early to consider setting up a manufacturing facility here. Company president John W. Zevenbergen told a press conference183 words
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244 1979-01-17 2 SINGAPORE'S two travel agents' i-iHi«lim have agreed to torn the proposed National Association sf fHng>p>m Travel Agents. It will be registered this month. A protein rommlttoo will he formed to worfc oat the details s( the naBat whether Nasta will be a merger rf244 words
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592 1979-01-17 2 JOHN LIM - By JOHN LIM THE COST of delays in the implementation of very large projects can be as much as 20 per cent or more per year of the initial estimated capital cost. This tremendous increase in cost from delays was pointed out by the592 words
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551 1979-01-17 2 THE POTENTIAL contracting business in the region over the next 10 years is very great and Singapore can play the role of a support base. In selling the Republic as a potential base for international contracting trims to work from, Dr. Lee Kum Tatt. chairman551 words
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Article, Illustration375 1979-01-17 2 AVIS Rent A Car has recently appointed Mem. Ye* Wees 8m and Lai Yeew Wek, as the company's business development manager and the sales manager for Japanese accounts respectively. Mr. Yeo, an MBA graduate from the University of Queensland, Australia, will be responsible for the development of375 words
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186 1979-01-17 2 THIRTEEN DANISH marine equipment companies will be showing off a wide range of their products at the Asia Marine 79 show from Feb 6-9. The companies, organised into a national stand by the Danish Export Group Association, include B and W Alpha Diesel186 words
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Article115 1979-01-17 2 A RADIO station, probably In China, went on the air on Tuesday to serve as mouthpiece (or the toppled Cambodian regime. Monitors in Bangkok noted the station calling itself the Voice of Democratic Kampuchea broadcast on the same frequency as Radio Peking's Cambodian language station. The115 words
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436 1979-01-17 2 FONG MEW LENG - By FONG MEW LENG ELECTRONICS manufacturers in Singapore performed well in the export markets in the second half of last year chalking up orders that will take them at least till this June to fulfil. A study of foreign market demand reveal that several436 words
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184 1979-01-17 2 A $352 MILLION contract for the phases six and seven of the East Coast reclamation scheme, believed to be Singapore's largest single contract, will be signed on Friday at the National Development Building. The two parties taking part are the Housing and Development Board, acting184 words
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Article402 1979-01-17 2 COURSES AND TALKS Nov 6-Jan 27: Life insurance agents certificate course (English and Chinese), STTC, srrc 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 8-23: Industrial402 words
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Page 2 Advertisements
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Advertisement172 1979-01-17 2 M*Otf In Indonesia, Pullman Kellogg had to find a way to move heavy vessels and equipment to the job site before construction could begin on a major fertilizer complex for P.T. Pupuk Kujang in West Java. The construction site, 30 kilometers inland from the Java Sea, was inaccessible by either172 words
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Page 2 Miscellaneous
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Miscellaneous565 1979-01-17 2 TWO-IN-ONE 7 Dwell (6) 9 Aura (3) 11 Wading-bird (5) 12 Unripe (5) 15 Measures of length (4) 16 Bill of (are (4) 18 Floor coverings (4) 19 Morose (4) 20 No score (3) 23 River creature (5) 24 Proclamation (5) 25 Starry (6) 26 Threat (6) 28 Household animal565 words
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REGIONAL
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Article438 1979-01-17 3 THE MALAYSIAN Ministry of Trade and lß *tiry is looking into A US Treasury report that found Malaysia to be one of the countries which ■mi its textile exports to America. The Deputy Trade and Industry Minister, Datuk Lew Sip Hon, said he win comment438 words
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337 1979-01-17 3 Reuter THE US dedaton to sever diplomatic relations with Taiwan haa so far had no noticeable effect on foreign Arms' plans to invest in the country. The inflow of foreign investment this year is expected to be about the same as last year's US$3OOReuter - 337 words
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Article342 1979-01-17 3 UPI JAPAN HAS entered into an Agreement with to develop high speed rail corridors between Peking and other major cities, officials of the New York Board at Trade said on Monday. Gilbert Robinson, chairman of the Board's international division, said that the Board learned of theUPI - 342 words
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Article125 1979-01-17 3 Reuter LISBON has backed a Macao statement that dismissed as "mere speculation" the possibility of this Portuguese territory being returned to China. Macao Chef de Cabinet Ramos Campos said, "after contacts btHuu Lisbon and the Macao government, Monday's communique was confirmed. So any news referring toReuter - 125 words
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Article68 1979-01-17 3 JAPAN may construct a helicopter landing site on the controversial Senkaku island group north of Taiwan as a means of its territorial rights over the rocky unihabited inland chain claimed alao by China. Transport Mhrf—— Klnji Morlyama snid the Okhmwn Development Agency, n government organ, haa been Sen68 words
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Article397 1979-01-17 3 PRIME MINISTER Datuk Hussein Onn has given notice to Vietnam and other countries that Malaysia was no longer willing to accept Vietnamese refugees who land on her shores. He said the government would review its policy regarding "measures to be taken to ensure that the397 words
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Article44 1979-01-17 3 UPL seams* pteaa In hSp repay htgh-latereet eemmerleal Japanese loans pnaulanlj sow thai teratga bans «< sssea are The Korena Trade Wsaa, a My pnMtoaOen AsseelatUa^ unsjs'yzcz mm hMkMtanas for isnw. 1 ZP tsfsa'e >■ make laenl hseren—' Imite'.'l'pS talUPL - 44 words
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590 1979-01-17 3 AHMAD TALIB - By AHMAD TALIB BRITISH lmdsisi discouraged by their government from Inventing In lor eign countries due to the North 8m e—l—H expect a ''more liberal attitude" toward* such to vestments la the next few years, Mr. Eoin MncDonaM, manager of a British trade mWca, aid. Mr.590 words
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Article126 1979-01-17 3 THE MALAYSIAN government is studying options tor r wiriim w j aettiw It mdd take if the unofficial go-abom by Airttne 8y» AirporTworwm further Officials of the Airline Employees Union were summoned by the Registrar of Trade Unkn yesterday and told to stop the follow. Sources said tf126 words
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157 1979-01-17 3 AUSTRALIA aad Hotted expect to agree to etafv air term betwwa the two cwmtrtM by the cud oi this Olflrtali ban both couth tries mr confident yesterday that the three-day negottatioae due to begin hi Canberra today would result The' aegortsttoas will he based ae157 words
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Page 3 Advertisements
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Advertisement104 1979-01-17 3 xxi want the best service to the USA and Canada? Wfe've got it. We'll speed you to the States and Canada any day you choose.^^^^B Just take our one-stop hop to London for an unbeatable choice non-stop connecting flights to Boston, Chicago, Los Angeles, Miami, iw^v New York, San Francisco,104 words
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RAW MATERIALS
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Article, Illustration1081 1979-01-17 4 A. KADIR JASIN - By A. KADIR JASIN THE IMPORTANCE of smallholders In the natural rubber industry is underscored by the fact that in all producing countries they contribute the bulk of the output. In Malaysia, they account for about 60 per cent of the rubber produced. The percentages1,081 words
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Article29 1979-01-17 4 Rubber: Jta 16 Singapore: February: 230.25 cents (down 3.00 cent*) Malaysia: February: 234.76 (down 3.26 cents) Tin: $1,776 (up $26) Official offering: 209 tonnes (down 61 tonnes)29 words
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Article291 1979-01-17 4 ■NOarOBB: Tutohy'i I lin Prt* hi S| per kilo exgodown: THAI WHITE 1» pet flrat dM (kangaroo): New crop Mi US pet seeoad claaa (US 100 pet third claas 0.87 S pet m« crop ao stock bis pet an THAI BROKEN A-auper 0 0 Special o.* Thai rice 3B291 words
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Article70 1979-01-17 4 THE Straits tin price in Penang yesterday rose MSB per picul to $1,775, |75 above the International Tin Agreement ceiling, dealers said. The reduced tin metal contribution from miners and steadier conditions on the London market on Monday, prompted yesterday's recovery after Monday's fall, they said. Sentiment was70 words
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Article191 1979-01-17 4 SOYBEAN futures in Chicago on Monday extended their earlier gains in late dealings, closing 11V* to 7V« cents a bushel higher. Prices Jumped on buying by commission houses and locals. One commission house bought an estimated four million bushels on the day, most of it in May contracts. Analysts191 words
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93 1979-01-17 4 REPORTING members of the National Soybean Processors Association of America (NSPA) crushed 20.6 million bushels of soyabeans in the week ended Jan. 10, compared with 2L3 million the previous week and 19.73 mtiHnn bushels in the corresponding week last year. Crushing capacity during the93 words
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Article360 1979-01-17 4 THE Singapore rubber market yesterday closed lower with February One RSS buyers quoted at 230.2 cents per kUo, down three cents from Monday's dose, dealers said. The moraing session closed lower with February One RSS buyers quoted at 229.50 cents per kilo, down 3.75 cents from Monday night's close,360 words
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Article349 1979-01-17 4 Prices In cents per kUo yestertlajr Noon (P» Uio) Close (per kilo) lat. 1 R.S-S. prompt f.o.b. 220J0 lat. i R-S.S Feb 220.75 tat. 1 R.S.S. Mar 2)0 00 lat 2 R-S.S 227.75 UK Coat. 221.75 lat i R.S S 2X75 UK Coot 222.75 lat. 4 R.SS 221.75349 words
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Article94 1979-01-17 4 NOON SSI KAS SSR20 HSR SO MEILB larfgHRpn (1 -to pallM) (1 ton pallet) tm jfilaj Ftkntn (Chtmi Mtk) moo 130.006 moo *****6 Mink (FwvtH Mtk) Bmyn 8*U*n 228.50 230 SON 225.30 227 SON SMR5CV SMRSL SMRGP SMS SMK 10 8tn» SMK 90 llm pdW <1 <194 words
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Article140 1979-01-17 4 SUGAR FUTURES trading in Hongkong yesterday remained dull and featureless throughout the insion on continued lack at interest, with one lot traded against (our on Monday, deaden said. March closed at 8.00/30 against Monday's 8.20/55 close and distant January at 9.05/50 against 9.30/50 cents. &iB»r futures rlnstaQ prices140 words
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Article186 1979-01-17 4 YARN Ud cotton to with prices la HK dollar*. spot ex-go-down: cmm )Mi CMm Blue Phoetx m mm. m tm ft mm (per IMin Otat Butterfly aad Globe tarmad unq Dragon Hood uaq; Five Lamb* uaq. Flower ud Aitttffljr mq; Flytog Om unq (per piece X larlm by ymnk)186 words
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Article345 1979-01-17 4 COMMODITY prices held generally steady in very quiet trading on the Singapore produce market yesterday. Business remained minimal for reasons of insufficient stocks held here and the possibility at a serious shortage of certain commodity with concomitant expectation of higher prices. Copra and coconut oil prices firmed in345 words
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463 1979-01-17 4 Reuter THAILAND has signed an agreement to aril Mauritius 24,000 tonnes of 35 per cent white rice, the Thai Commerce Minister Narm Poonwathu announced. He said the first shipment consisting of 12,000 tonnes would take place soon, most likely by the end of the week.Reuter - 463 words
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Article761 1979-01-17 4 (ML&KEDB: Brokers yesterday morning reported generally steady oils and oilseeds markets but said interim dealings were light Dutch soybean oil made gains of from one to two guilders per 100 Idlos on dealer covering interest. Early hmlnrss included January deliveries at 129 guilders scaling down to 121 guilders761 words
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Article71 1979-01-17 4 CXF. North European port*, in U8 dollars per ton ui otherwise stated. LONDON: Man Pmtoui Malaysian 5*ffa bulk per tonne February unch 619alr March MOslr CSHslr Sumatra 5% f fa bulk Afloat unch 827-SOpd sir January unch February flSfislr MOslr March April May/June MSslr MUOpd vwir 837 <471 words
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Article143 1979-01-17 4 *HEAT futures registered midsession losses of 1 >4 to V« cents s bushel after opening gains evaporated in thin trade in Chicago on Monday. Prices slipped into the loss column on relatively small commercial selling. Prices started slightly highe on local buying linked to gains in other pits. Traders143 words
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349 1979-01-17 4 Reuter TWO ma)or UK soyabean mills reported that despite the lorry (klvera' strike they are able to deliver some oilmeal and in one case, soyabean oil. The Unimill plant in Erlth, Kent, said the situation is a little brighter, with its two plantsReuter - 349 words
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Page 4 Advertisements
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Advertisement32 1979-01-17 4 sar HoDAftd A!/# W Vft' .2>" <&£> v'T* i <*> G> n-> o; *//*/*<? k W» x W** „A^ \y y k .2? r r& <&'J& k j& 4 *T S>s:S x*'> Vj? v :<y32 words
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OVERSEAS
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Article840 1979-01-17 5 Agencies UNITED States President Carter said on Monday the deficit in his 1980 budget which he will unveil next Monday, will be less than US$3O billion (Ss66 billion). In an NBC interview broadcast Mr Carter said he does not anticipate a recession, as has beenAgencies - 840 words
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Article94 1979-01-17 5 AP Mmm wirilqf Departmat reported mm HMty. Ike number of gMii Mi 1b stoek Hm ra aa ortejW wiM recalt la a pradaetlaa However fvcftll tarflrtalßi still mn lew Ib her, rwpinl with renal sales activity, aai a gala la laveatortea la a riagle bmH-Ii art byAP - 94 words
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Article742 1979-01-17 5 ARRIVALS Service Local Operator Number Tine From A'LIA AZ7789 QUO MEL/SYD TMA TL375 0630 BEY/DXB/ BOM/KUL MAS MHG01 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 GIA GA980 1030742 words
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194 1979-01-17 5 AP STRDONG train drivers brought Britain's rail network to a halt yesterday, while no hope of settlement appeared tn the lorry drivers' strike that threatens to paralyse the British economy. The government, claimed 80 per cent of (bod shipments were getting through despite strikeAP - 194 words
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Article293 1979-01-17 5 Reuter UPI SAUDI ARABIA'S oil exports rose to 10.08 barrel* per day la December from 9.15 million in November, Deputy Oil Minister Abdul Aziz A 1 Turld said. Mr.Al Turld odd Aramco's exports rose to 9.74 million barrels a day hi December from 9.38Reuter; UPI - 293 words
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Article87 1979-01-17 5 THE MORE prosperous developing countries have learned to use the multinational company, which they have long regarded as a symbol of capitalist exploitation, ss a tool to build prosperity, the Harvard Business Review says. In its January-February issue, an article by Profes- sors David Heenan of87 words
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WORLD IN BRIEF
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Article434 1979-01-17 5 Agencies THE UK government is ready to enter into negotiation* far the sale of the Harrier )ump-}et aircraft to China as part of a balanced trade relationship, UK Defence Secretary Fred Mulley said in Parliament. He also said negotiations on the possible sale of the aircraftAgencies - 434 words
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Page 5 Advertisements
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Advertisement290 1979-01-17 5 i**- '--if <* mc* v>t 4- V}, JV: kM.4 5P* rf> We L» t > *V. p. v i" r GEEK]]] T .f k > Kj TJ FIFa SOT i l _n Wt 9 &FK *v t > I', > 4 Mfr*S> KI i t i t C Fj V290 words
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458 1979-01-17 6 FROM TIME IMMEMORIAL the moans of farmers have been directed primarily at the vagaries of the weather (whatever the climate) and the iniquities of governments (whatever their persuasion). It is at the second of these historical targets that Singapore pig farmers are458 words
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318 1979-01-17 6 THE CONSUMER Price Index is an indicator of many important variables in the economy, so the moderate 4.8 per cent achieved in 1978 must be viewed with great relief in the context of a highly inflationary world situation. Inflation, as has been shown318 words
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1895 1979-01-17 6 AWTHER SINGH - INSIDER trading is just one aspect of corruption, writes AWTHER SINGH in Part Nine of his series on company directors. But because of its class overtones, it is the logical first target for those who want to fight against corruption ss a whole. After1,895 words
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Page 6 Advertisements
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Advertisement241 1979-01-17 6 m m APOLLO HOTEL Havelock Road, Singaore 3 Tel: *****1 AMBASSADOR HOTEL ***** Meyer Road, Singapore 15. Tel: *****11 CENTURY PARK SHERATON Nassim Hill, Singapore 10 Tel: 3T9677 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****66 COCKPIT HOTEL 6 7 Oxley Rise, Singapore 9 Tel: *****1 GREAT EASTERN HOTEL241 words
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Page 6 Miscellaneous
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Miscellaneous31 1979-01-17 6 scust (beNTytneNi l< => T we&e seevr rot? ujQßxtrtG Glßu* just pv<=, i t h cx>ght -Vou BoovJDeR 1 Be off U)itm \O u < HC'LL Do P^NVTH\NG TO Gex sepnr on Tefmn31 words
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Miscellaneous749 1979-01-17 6 TiVf&IRAWO An informative evening 'iVt 'ti i I i/y till! (Ami ;ii>l SINGAPORE 5 3.00 PM Opening and The Beveriy MMits Woman's Ub (repeat) 3.25 Diary of Events (Matey) 3.30 Bonanza A Place to tide 4.20 Intermission 6.00 Opening and Please Don't Eat the Daisies Who's Kicking that Gone Around749 words
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Article, Illustration1137 1979-01-17 7 FT BUSY as it was, with a phenomenal number of meetings and no fewer than four sessions of the General Assembly, 1978 was not a vintage year for the United Nations. If the present climate continues, this yearFT - 1,137 words
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638 1979-01-17 7 ANOTHER company has joined the ever-growing list of those out to prove that terrorists are not the only t ones who can make money ..{from kidnapping or the fear of kidnapping. The new venture is called Risks International Inc. It does not638 words
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Article401 1979-01-17 7 TRUST Hollywood to be hot on the heels of any scientific or technological development. For those who've seen Airport, Poseidon Adventure and Towering Inferno and who are wondering what's next, here it is: Airport 79 Concorde. Producer Jennings L—g will rent a spare aircraft from Air401 words
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940 1979-01-17 7 Steven Rattner - FORUM ...with Steven Rattner NYT DURING the 1973-74 oil embargo, it is said, the Prime Minister of Britain called in the top managers of British Petroleum and Shell to request the UK be given prefaienLe as regards oil supplies. The large, London4*aed companiesNYT - 940 words
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Page 7 Advertisements
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Advertisement371 1979-01-17 7 ■p •v ki d*s#S c Lite up your life at Vanda Live it up at the newly renovated Vanda Bar. Styled for comfort gpfoSL and good cheers xjn»j|\rf Sing along with our 1| >: resident duet George David to your favourite request Happy Hours from spm Bpm 30 discount Singapore371 words
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INTERNATIONAL STOCKS
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Article568 1979-01-17 8 TOKYO Source: DBS-Daiwa Sec THE MARKET was generally benrWi yesterday since most investors remained on the sidelines owing to the sharp rise during the past few weeks. However, small- and medium-priced non-ferrous metal and steel femes were active and higher. Turnover was relatively light with an estimated 300Source: DBS-Daiwa Sec - 568 words
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Article303 1979-01-17 8 COPPER and other selected miners firmed in an otherwise unsteady market yesterday, with profit-taking paring recent gains among second-rank issues, dealers said. Among coal stocks, Coal and Allied dropped 10 cents to 15.10, while copper miners Armed, except for Bougainville which was steady at $1-82. BHP dropped IS cents303 words
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Article159 1979-01-17 8 THE MARKET closed lower across the board yesterday, with turnover falling to 23.8 million pesos from Monday's 27.1 million, dealers said. Losers inxcluded Atlas Coo B, Baguio Gold, Lepanto B, Marinduque B, Pbilez B. Basic Petroleum, Landoil B, Oriental B, Pogei, Pioneer, Seafront, PLOT and San Miguel B. Unchanged159 words
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Article349 1979-01-17 8 TIHE MARKET closed generally lower across the board yesterday, dealers said. Among flnanrlato. First Trust dropped 36 batat to 464, while Union Bank of Thailand, Bangkok Investment and Asia Credit lost 8 baht each and Bangkok Bank and Bank of Ayudhaya 4 each. Among cements, Siam Cement dropped 6349 words
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Article405 1979-01-17 8 Source: SHK Sec Ltd INITIALLY bouyed by unofficial denials by tending Ogives that Macau was to revert to Oiliwf sovereignty, (he market took off yssferdsy as a mixture of nervous shortcovering and aggressive oversea buyers found little stock on offer. Local buyers soon Jumped on to the bandwagon, especiallySource: SHK Sec Ltd - 405 words
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Article60 1979-01-17 8 SANYO Electric said it will start production of microwave ovens in the United States in June to offset the losses arising from the US dollar's value drop. The company said it will set up a manufacturing plant in one of its three American factories with an eventual production60 words
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Article60 1979-01-17 8 FINANCIAL TIMES INDUSTRIALS Monday 482.8 Monday 474.7 Week Ago 484.4 DOW JONES AVERAGE INDUSTRIALS Monday 848.87 Friday 838.28 Week ago 828.14 LONDON DOLLAR PREMIUM Monday 80V« to SDV< Friday 8BV* to 90 H.K.HANG 8ENG Tuesday 545.82 Monday 525.36 Week ago 507.75 SYDNEY INDUSTRIALS Tuesday 474X7 Monday 474.64 Week60 words
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Article237 1979-01-17 8 Reuter THE UNITED STATES government moved on Monday to keep Kirk Kerkorian, head of Metro-Goldwyn Mayer, from buying into a controlling position in Columbia Pictures Industries. Mr Kerkorian's bid to boost his present Columbia holdings from 5 per cent to 24 per cent was toReuter - 237 words
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Article79 1979-01-17 8 Reuter PAN AMERICAN World Airways said traffic rose in 1978 by 20.1 per cent to 21.82 billion revenue passenger miles from 17.51 billion in 1977. Available seat miles rose only 7.4 per cent to 34.38 billion from 32.00 billion in 1977, giving a load factor of 61.2 perReuter - 79 words
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Article93 1979-01-17 8 NOVOTEL, the Preach httel cwnpuy, said It ptaw to laereaee Its lavalvemeat la the US market. Navatel said It will hegh a rix-yeai, UStltt allßta programme to establish II betels la Amerleaa cities, with the programme's prototype to he L'hatol de Fraaee at Miaaeapads. Llwtel de Fraaee was93 words
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Article1261 1979-01-17 8 NEW YORK STOCKS RALLIED in the afternoon to score their biggest gain in three weeks in moderate trading on Monday, led by IBM and Du Pont. The computer giant reported better than expected fourth quarter profits while the huge chemical concern announced a stock spilt,1,261 words
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Article206 1979-01-17 8 JAM IS IMtIM m* Alean 124 unch Almin. Bank Moot BHI Nor* ScoUa Bc|| Tel T1\ unch <* B'« Beth Corp BP Can Ltd an Bruran Camp Red Lake Can Imp Bk 2S<* 35H -It 30 Canpac Canpac In* PI Carllnf OTCeefe as -it MM 1* unch fomlnm Cow206 words
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Article576 1979-01-17 8 RECORD BUYS Reuter INTERNATIONAL Business Machines, the world's largest computer maker, has reported that its fourth quarter net profit increased more than 27 per cent to US$l.Ol billion, or $6.96 per share, on a revenue gain of nearly 28 per cent. In the same periodReuter - 576 words
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European markets
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Article149 1979-01-17 8 n KIP! 1 IL.T Alusumr Rat. MP Brown Bovcii Br 1* CUa (Mo Br. ISM -4 unci) uncb Clba (Mo p c H6 Cite (Mb Rag. tm Cradlt Suksat Br 2286 Cradlt Mm Bat «7 Baktrow*tt Br. 1MB Oaorga Placher Br WO Oiotous Pc 440 Haro Br. wii Hoffman149 words
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Article173 1979-01-17 8 JAN U Pis ABM SOOJO -0J Ahold 110.00 02 AM*V 32.40 86JO 0J 0J Amtu 115J0 1J Amrot Bulk 17 JO unch S3 0 54J0 MjOO 1J 1J HoiA nm 0J Boraumu Burhntnn MM 7SJ0 *1J 1J Byenkorf nm >14 Calve Delft Deli MIJ 113.60 1)U0 15 tU MUO173 words
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Article185 1979-01-17 8 JAM IS Dm Aef-Telefunfcen Ak>n Alia Leben Alls VMS BASF TMO 28 JO 8M0C 505.00 -02 -0.4 +1 1 uncb B*j H T Wbank Bay Vtank 1MJ0 jioite 321 JOB Bayer BBC CUKlit Cheat Verm Cotnmerstank CooU Oumml Daimler-Bens UUO ***** MOO ***** mjo Tuna O&jOO •U -13 ♦3185 words
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Article256 1979-01-17 8 JAM 15 Pr» CORBClLLE Alr-Uqulde B S N Oervali Danone CSr (ThomaooCtc Prancalae de« Petroiea Cotnpagnie financier* Cotnpagnle General* Credit Poncler De Franc* Hachette (Llbralrte) 414 57» ***** unch 12 I43J0 419J0 4*4 Ml 10 -L2 -01 4-4 0.1 Marti hw Bull SOJO Michel In (B) 1MB Parlba* asat256 words
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Article88 1979-01-17 8 JAN 19 m FORWARD MARKET Arm* 443 AiDed Aatur am MO +*> Bmcin Bru-Lunb m 1M0 0 10 Canpf tM 41 Cock 4H -0 Dt Been 187 -a Kba U3Z 10 DietroM roo Ob-lnno-Bm MO -10 ttmm 1«B Hobo* 10 Petro JMS -10 Ryi Dutch MS 4-S Rktm OM88 words
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Article100 1979-01-17 8 JAM U Lira Ante a Aaoc Ota ***** -40 Bulofl su -10 Central* «*> -16 Fl*l xm -36 Ptiulder 151 is Otn Immob TO -0-25 IFI Prl ati -SI ItoJcemenu lino -M0 IltifU IlilMder *1 an -6 -ICS Mifnctl M Pf 516 -4 ItereUi Krc su -4 Med lob100 words
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Article73 1979-01-17 8 Reuter GOODYEAR Tire Rubber said it expects to report record sales and .earnings for 19T9, based oo record sales and higher than anticipated earnings (or the fourth quarter. Earlier, Goodyear estimated record sales for the year with earnings near the record of U*****.8 million or $2.85 a shareReuter - 73 words
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Article312 1979-01-17 8 JAN IS Rand INDUSTRIALS A Alpha 136 unch Abercom AE And CI AMir Barlows *3 MO 1390 MS 9*0 an M MM U ♦20 unch fl c« Sufar CNA Currtt Finance De Been Ind 10 5 unch -S Edcon Edgars 110 MM MO 197 •5 r«i vou unch unch312 words
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Article209 1979-01-17 8 Reuter DU PONT, ImM by its specialty predicts segment, has repartei a sharply higher fearth qsarter profit riiapernl with the eeaparaMe period a year earlier. The Mg Uaited Btates chemicais pradaccc alee prspssti a three ler sac stock split til saM It weaM raise theReuter - 209 words
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412 1979-01-17 8 Reuter MCGRAW-HILL, the American media concern that owns magazines and radio stations, on Monday formally rejected an US$B3O million takeover proposal by American Express and threatened to file a law suit to block the attempt. The action came as no surprise as McGraw-HillReuter - 412 words
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Page 8 Advertisements
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Advertisement104 1979-01-17 8 More"bHs bytes" This might sound like a dumb waiter, but when we tell you the more "bits" a minicomputer has, the faster it does calculations. And the more "bytes", it has the more it can remember, you might realise that we know our onions. Our range of Interdata minicomputers are104 words
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BANKING AND FINANCE
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Article568 1979-01-17 9 Reuter TAIWAN borrowers face higher spreads on syndicated loans in future than the 0.75 per cent over London interbank offered rate (Libor) currently being negotiated. bankers in Taipeh said. But these higher spreads would not be the result of the US breaking diplomatic links with TaiwanReuter - 568 words
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154 1979-01-17 9 JAPANESE securities companies hope foreign corporations win be allowed to issue convertible as well as straight bonds in Japan, Daiwa Securities Co Ltd said. The Japanese bond market, where an estimated 827 billion yen of yen-denomi-nated bonds were issued by foreign issuers in 1978,154 words
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MONEY AND EXCHANGES
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Article404 1979-01-17 9 THE US dollar appeared to have lost the steam that a* Its firming last week. Dealers felt that the dollar was over priced and yesterday's downward movement of the currency reflected a consolidation in the market. Opening against the yen at 198.10/30, the US dollar was traded down404 words
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Article177 1979-01-17 9 Asian rates ASIAN currency deposit Interbank rates as at cloae on Jan 16 US DeUare(8pct) Offer Bid 7 days 10H 10 V, 1 month 1011/*****/16 2 months 11 10H 3 month* 11H im 6 months 111V*****3/16 9 months ir* uv, 12 months 11'* 11H 8w.Fr*. Dae. 1 month 3 months177 words
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Article49 1979-01-17 9 Raa«« of pi i flllfOMBt MW M* M Jam 16c Orfnifkl 4*% Call dcyoilti i 4«* to4V.% CWtac 3 month ■WH Treasury bllii 1 4* 4H 3 month Bank bill* 711/19 7 9/1® 3 month CD 711/16 71/16 8 month CD 713/16 711/16 Source: National Discount Co Ltd.49 words
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Article21 1979-01-17 9 THE average rate at which Singapore banks are currently prepared to lend to their beat customers is 7.75 per cent.21 words
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Article153 1979-01-17 9 THE US dollar for overnight delivery closed at 198.00 yen in Tokyo yesterday unchanged from the opening but slightly up from 197.96 at Friday's close, dealers sakl. The dollar moved narrowly in quiet late trading, with operators reserved in the absence of fresh factors, after early steadiness, the dealers153 words
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263 1979-01-17 9 GOLD FUTURES in Singapore yesterday closed slightly higher after niMtimrtng narrowly throughout in light trading, dealers said. Turnover rose marginally to 76 lots from 56 lots on Monday. February closed at U*****.80/220.00 an ounce against $219.30/60 on Monday, April at 1223.90/224.00 (223.40/70) and263 words
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Article179 1979-01-17 9 THE DOLLAR in London yesterday opened little changed from its previous close and in line with trading levels in the US and the Far East, dealers said. Trading was moderate and likely to remain so ahead of the US budget and President Carter's state of the nation speech next179 words
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Article121 1979-01-17 9 THE US dollar was quoted little changed from closing US levels overnight in very quiet and featureless late trading In Hongkong yesterday, dealers said. It was steady at 1.8580/600 marks against 1.8580/90 in New York, at 187 JO/96 yen (197.75/86) and at 1.8990/ Swiss francs (1.7000/ 15). Sterling was121 words
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Article50 1979-01-17 9 FRANKFURT exchanges opening quotes yesterday. USLMO/S CM 1JHB/B Stg *****02 dooumo strmmm uua/ai Ptr 4130/81 Nkr 3LM7 Btr con 4JJ7/347 Btr (In 1212/1252 TtilJK/MIM OCBC exc hanoe rate inHov THE OCBC tnw the mutcmIm «f m M ,i 111 i KMVn§IIM eitortey rtm Mnk^ai nM Imlitni top 12 T50 words
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Article46 1979-01-17 9 AUSTRALIA/NZ exchanges quotes yesterday: US dollar 1.1412 um Sterling 0.5707 UM Ninety-day air mail bnytag rsMr Sterling 0.0002 US dollar* L1TO Ntarty-daj Irani bayk« r«M: Sterling 0.5877 US dollars 1.1473 Sterling 0.5312 IS304 US dollar LSS L0B08 ilny ahmaffl twyiaf nla: Stertt«OJBB US dollar 1.00U46 words
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Article434 1979-01-17 9 SOH HANG KENG - By SOH HANG KENG BANK of America will move its regional headquarters from Singapore to Manila on Feb. 1 as part of its strategy to streamline administrative control in Asia. Under this strategy, the bank's four regional offices in Asia have been reduced to434 words
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Article106 1979-01-17 9 Reuter MANUFACTURERS Hanover Corp president John McGUlicuddy Mid be believes US Interest rates are close to their peak. While declining to predict specific figures, be sees interest rates rising somewhat further la the beginning of this year before declining later in 1979. This was a reversal ofReuter - 106 words
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165 1979-01-17 9 Reuter BBTRSH Ftodgn Secretary David Owen said after the first EEC terlai MMettag sf the year that he wU net be w prised IT the sahrtlaa ef the prebiem heUiag ap the start ef the Eaiepeaa maaetery system has te be left aatilReuter - 165 words
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325 1979-01-17 9 Reuter THE US Treasury Department said yields rose at Monday's regular weekly auction of three-and sixmonth Treasury bills. The average yield on the three-month bill rose to 9.411 per cent from 9.316 per cent the previous week, while the average yield onReuter - 325 words
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Article134 1979-01-17 9 Reuter THE Bank of England said a further tranche of £750 million of the 12 per cent Treasury 1983 tap stock will be issued to the public at £97.25. A further £200 million is reserved for the national debt commissioners. The bank said theReuter - 134 words
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Page 9 Advertisements
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Advertisement161 1979-01-17 9 \bur Many-Splendoured Set amidst the lush tranquil suburban of Grange Road. Yet so near the exciting Orchard Area. Both city and country life are yours when you set up your home in Lucky Tower. Explore the VALUE of Lucky Tower. It offers you the following exclusives 2 squash courts, 1161 words
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DEALS DONE ON THE SES AND KLSE
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Article994 1979-01-17 10 Bip and offer prices officially lilted and business In and reported to the Stock Exchange oMMntapore yesterday with the n amber of shares traded shown irMvacketa In lota of 1,000 units uMess otherwise specified. toll Time Settlement Contracts a* quoted after the word "sett". Bit Board deal (In994 words
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Article134 1979-01-17 10 v*% i/b/bb (saojooo) (bm MlMB) 4 8/4* IMM (MtjMi) (MIMB MlMB) (3) MIS 8* 18/4/81 (BOjMO) (***** 8* T V 1/IM (MOjOM) (100.108 MUB) 8/4* T P 1M«144 (*****0) (HUB) 7* 18/4/88 (BOjOQO) (100.788 *****6) 7% 1/8/86 (BMtO) (100 MB *****8) 7 1/4* 18/4/88 (*****0) (1004QB) 7 1/4%134 words
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Article94 1979-01-17 10 StriMag price* of the obUobb I ofllrtalfr Heted on the Stock Rifh»Ht of Singapore water- I day, the period, Bid* and offered price* aad bHtaea dose, tf any. wttb the number at option* traded Aon la brackets. hat P E (March $L«5) j (0.448 0.545). Saaoh Mp (March94 words
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Article115 1979-01-17 10 BrtMB flv Jm fV\ Ttekvk«n S>W PNf Fl S'par* Sk. r« S*par» Iiwi i ua is ■d LB LB LM Mi ad LTJ LSI M LM LM I™ VH <—— »Y ■i IS LB M*1 Prof rMd LM Lllad Mai StcnrRy 1 miBwinnr tai LM LB LB LB115 words
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Article2437 1979-01-17 10 in am Hick Uw •Ceapaay Last Sale 4-er-Gr*s Div Dhr CVr YTd Net P/E Vol Day (•000) High Lew SECTION ONE > INDUSTRIALS 713 238 .178 319 are "111 188* 338 346 88° 132 Aetna 123* Alcom 107 Allied Choc 133 BAT 196* Bate 90 Ben 108*2,437 words
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Article1386 1979-01-17 10 BID and offer prices officially luted and bualn*** In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of share* traded shown in bracket* tn lota of 1,000 units unless otherwise specified. industrial* Alaaei (1MB). A CUM (I.ISB 1.34*). asu (t.«*a> (i) >.««. Ban1,386 words
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Article, Illustration230 1979-01-17 10 ffttf A Mi MH» l» Bkl^thlßMlVM nr?; Mae to_ mm, pwMMy Nsv Year. Whißi tk« ralir IMb IMs ynr. srf ekaaga, prlMrllito•mm ihtnji am b (Jeter Iks (BmbSIBBSSS, IkS gSBBIBS 5*2S* s m mSmSS sad large, fair **pM mkm" eelvlii iHiHh, sb Back230 words
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Article409 1979-01-17 10 MODERATE support in the late afternoon pushed prices to higher levels at the Kuala Lumpur stock market yesterday. The New Straits Times Industrial index, reflecting the improved sentiment, cloned 1.86 points higher at 388.43. Market obeervers attributed the better buying interest to improved investors' confidence following409 words
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Article31 1979-01-17 10 IfMb Tla ■D: BOGM to b* Md at g, Be** ttwwj, Pt-1, at &awat Mil BOGM to b» Md atJataa Ettate, Sktk for, at mi mm cm im U.31 words
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COMPANY NEWS
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908 1979-01-17 11 ANTHONY TAN - STRESS ON QUALITY By ANTHONY TAN NANYANG PRESS will have the biggest and most modern printing machine among ail the Chinese newspapers in Malaysia and Singapore when its Goss Urbanite web offset starts rolling some time this year. Involving a capital908 words
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Article, Illustration304 1979-01-17 11 THE NEW MANAGEMENT teaaa at Naayaag Prw •aty torn the at■apapur hartani, U atoa ipptw to he fsrward lee Hag, flexibly lifting acw M t«ehi wfcmim paattie to taunve the ihmlmllh At the helm ia MB UNO &Dtf BEI «hm eztewive tmpravemeato ia the part304 words
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Article, Illustration773 1979-01-17 11 SUSAN BEVAN - By SUSAN BEVAN NO ONE could accuse Tun Tan Slew Sin of exaggeration in his latest annual statement as chairman of Sime Darby. The group, he noted last October, "is poised to expand further in its traditional fields of activity." Last Monday773 words
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Article319 1979-01-17 11 Current Ex Booka Date Total for Total for Payment Date Clone Payable the year Previoua year Petaliag Tin 80*(n) Dec 7 Dec 19 Jan 19 120* 80* C*C 20* Jan 8 Jan 13 Jan 22 30* 24* Ckia Teck 73* Dec 29 Jan 11 Jan 22 15* 20*319 words
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Article121 1979-01-17 11 Company Particulars Ex Data Books Cloaa Berjaya Kawat Bonus Issue of 1 for 2 Jan 0 Jan 19 Rahman Hydraulic Bonus Issue of 1 for 2 Jan 16 Jan 26 MBS Rights Issue of 1 for 2 9TP (1975) to *2.00 per share Feb 7 Feb 19 Bonus121 words
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117 1979-01-17 11 TRADING ta tha afcaree ef Dngw mad PWah, IMC per eeat exparl-eateaici MMbctuw af nOy to «tv gmnneate, am start aa the KLSE traa Ml an today. The Uettof aai faetottaa at the 12 milltaa $1 w*um will he Ma4e aafer the ladastrtale Seettoa117 words
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205 1979-01-17 11 KILLINGH ALL Tin Limited's (KTL) scheme of reconstruction involving its transfer of domicile to Malaysia has been made effective from last Friday. Dealings in the shares of the newly reconstructed Killinghall Tin (Malaysia) Bhd KT(M) is expected to start shortly on the205 words
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Article69 1979-01-17 11 SOVRAN INDUSTRIES has passed the special resolutions mooted at its ninth annual general meeting on Dec 14. One of the resolutions was that no lnwiiaai «K»n be transacted at any general meeting unless a quorum is present. Two memben personally present or by proxy or in the case69 words
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Article817 1979-01-17 11 n HOCK LOCK SIEW SUGAR KOTOS en M ipmtii Perth Mim has Jaet reperted Ita ranMi tar Ike year aaded Sept iva a T per eat rise la set preOttell|l4J4 sriUea. Siwism6 -npi mml! rnrardid *2 ■taMehritoa aa hi 'lh ii "1, A iiHai bmw ded»«>d, wMeh atHOCK LOCK SIEW - 817 words
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Page 11 Advertisements
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Advertisement64 1979-01-17 11 Dipgrove Holdings (Channel Islands) Ltd. on behalf of CBN LINE are pleased to announce the appointment of FRATA SHIPPING PTE. LTD. 801 WORLD TRADE CENTRE SINGAPORE 4. as agents for G B N LINE and G B N CONTAINEB LINE with effect from 17th January 1979. GBN Line and GBN64 words
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Advertisement94 1979-01-17 11 FRATA SNIPPING PTE. LTD. 801 WORLD TRADE CENTRE MARITIME SQUARE SINGAPORE 4. are pleased to advise their appointment as agents for G B N LINE and G B N GONTAINEB LINE services from Singapore to West Africa commencing from 17th January 1979. The first sailing will be: m.v. "KYOSEI MARU"94 words
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184 1979-01-17 12 AFP .TEN TOUGH years lie ahead for Western Europe on the economic front. Its growth will be slow, its labour costs and export .prices too high, its markets will lure Japanese and Third World goods, its cur- rencies will prove over- rated, and onlyAFP - 184 words
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Article62 1979-01-17 12 CHINA is signalling it wants to join the International Monetary Fund a move which could have a major impact by drawing Peking closer to the Western trading world. The first public hint of Peking's westward glance was revealed on Monday by Sen. John Glenn on his return62 words
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Article1234 1979-01-17 12 Reuter AFP INDONESIAN Finance Ministry officials said state revenue from oil last year dropped by some US$5OO million (Ssl.l billion) over the previous year. Oil revenue in 1977 reached $7,194 million, marking an increase of $1,113 million over the previous year and of some $500 millionReuter; AFP - 1,234 words
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Article163 1979-01-17 12 Reuter A NEW confrontation between the developed and developing countries similar to the oil conflict in 1974 is a real possibility if world economic stagnation continues, the director of the Brandt Commission secretariat said on Monday. Mr Dragoslav Vramovic, speaking in a personal capacity toReuter - 163 words
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404 1979-01-17 12 FOO CHOY PENG - By FOO CHOY PENG LOCAL PIG farmers may be forced to burn their excess pigs if the domestic market continues to deteriorate and no solutions are imminent. Sources said this measure will have to be taken to prevent the pig industry from404 words
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207 1979-01-17 12 THE INTERNATIONAL accounting firms of Turquand Youngs and Company and Whinney Murray and Company have merged their Far East operations. The merger was announced yesterday by partners of the two firms. It follows the merger of Turquands Barton Mayhew and Company and207 words
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Article791 1979-01-17 12 LONDON, Tues. The market closed mixed with government bonds around 1/8 point higher and equities lower, dealers said. At 3.00 p.m. the Financial Times index was down 2.3 at 480.5. The gain in government bonds reflected yield considerations but the gloomy industrial outlook because of the road haulage791 words
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297 1979-01-17 12 THE UNITED STATES •vertaak Japaa by a large ■argla as Shppan^ Japaa t««k icetad place hlliwi by tnittaaal thtidptaeer Malayda, three af tkea m"iwtll ier >tirt 44 per eeat af the RepaMk-'s fatal ertureal Me, m> crdlag te the Stattatlea fiijiHi rfefltwlraa hadaat297 words
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Article146 1979-01-17 12 IN OUR REPORT yesterday of proceedings in the previous day's parliamentary session it was implied that the Minister for National Development, Mr Lim Kim San, had professed a readiness to believe certain allegations made by Dr Augustine Tan(Whampoa) in the latter's speech on rice prices. Mr Lim did146 words
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459 1979-01-17 12 PRIVATE vocational training institutions will soon be required to register with the proposed Registrar of Vocational Training Institutions. This is one of the provisions under Part Five, "Registration of Vocational Training Institutions," of the Vocational and Industrial Training Board Bill, which was read for the first459 words
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452 1979-01-17 12 Reuter THERE was widespread jubilation in Iran as the Shah left the country yesterday afternoon in a lastditch attempt to save his throne. He took off for Egypt at the controls of a royal airliner. A nation riding on a wave of revolutionary fervourReuter - 452 words
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302 1979-01-17 12 Reuter LEGISLATION was introduced in Congress to release 35,000 long tons of tin for sale from the US strategic stockpile. The bills, introduced in the House by Mr Robert Mollohan and in the Senate by Mr Jennings Randolph, will provide for funds fromReuter - 302 words
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Page 12 Advertisements
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Advertisement253 1979-01-17 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 *****.000 1 month 5%% p.a. 3 months 6V«% p.a. 6 months 6V.% p.a. 9 months 6V«% p.a. 12 months 6%% p.a. Savings p.a. We253 words
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Advertisement46 1979-01-17 12 THE GOETHE-INSTITUT SINGAPORE and the NATIONAL THEATRE TRUST present the WUPPERTAL DANCE THEATRE with a Stravinsky Evening WIND FROM THE WEST/THE SECOND SPRING THE RITE OF SPRING 23rd of January 1979 at 8.30pm. National Theatre Tickets: Sl5/10/8/6/4/2 available at National Theatre. Cold Storage C K Tang46 words
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Page 12 Miscellaneous
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Miscellaneous59 1979-01-17 12 Outlook for Singapore from 6 a.m. to noon today: Genrally fair. Rep«rt far 24 tears prtor to 7JI pan. w Ju If at the alrpert: Maximum temperature 30.9 C Associated humidity 56 Minimum temperature 22.4 Associated humidity 94 Hours of sunshine 8.95 Rainfall in millimetres Nil Total rainfall for the59 words
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SHIPPING TIMES
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PORTSIDES
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Article96 1979-01-17 13 Reuter PAKISTAN is planning to build 10 extra berths at Karachi port to cut waiting periods for ships which cost the economy about US$lOO million (Ss22o million) a year, the Associated Press of Pakistan reported on Monday. About 70 ships are waiting offshore to unload their cargoes, causingReuter - 96 words
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Article53 1979-01-17 13 AP A 11,505-ton Liberian-registered freighter Sam John Pioneer loaded with general cargo ran aground off Hong kong's Tsing Yi island on Monday night. A government report said tugs and an antipollution vessel were standing by the freighter which was coming to Hongkong from Nagoya, Japan. No injuryAP - 53 words
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Article67 1979-01-17 13 Reuter IU International Corp. said its Gotaas-Larsen Shipping Corp. subsidiary is cancelling the building of one liquified natural gas carrier, deferring delivery of another and negotiating for a further reduction of its crude oil carrier fleet. In a statement, IU chairman Mr. John M. Seabrook said theseReuter - 67 words
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Article, Illustration525 1979-01-17 13 RAHIM KASSIM - By RAHIM KASSIM THE VOLUME of seaborne cargo passing through Singapore for the first 11 months of last year had already surpassed the 1977 total of 64.11 million freight tonnes to reach a high of 66.88 million tonnes. This is a rise of 14 per cent525 words
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Article191 1979-01-17 13 UPI A SHORTAGE of grain enquiry threatens to weaken the general rate structure. US Gulf fixing came to a virtual standstill leaving Just the US North Pacific as a grain origin in confirmed fixing when Kofmia covered 26,000-ton of wheat for early February shipment to South KoreaUPI - 191 words
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254 1979-01-17 13 Reuter BRITISH politicians called for stringent new rules for supertankers and other ships carrying dangerous cargoes near Britain, to reduce the risk of pollution or loss of life. A report from an all-party parliamentary committee said the British and French governments should enforce controlReuter - 254 words
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Article69 1979-01-17 13 THE PORT of Singapore Authority (PSA) has published two navigational charts on the Straits of Singapore for use by the shipping community. It included the new anchorages and other developments in the Straits. The PSA new anchorages which came into effect on Jan. 5 are to replace69 words
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3050 1979-01-17 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World j 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 Fort3,050 words
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Article562 1979-01-17 17 Shipping lime P»ge Cat ACS n 5 Afea IV 3 Aguila IV 2 Alpac IV 5 Angkutan IV 3 ANL I 1 APL m 2 Arya Nat n 5 ASCL m 5 Asia Merchant m 4 Atlas V 2 Aust.Cont IV 5 Bank n 5 Banner Maritime V 4562 words
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Article937 1979-01-17 18 I RECEIVING OF EXPORT FCL CONTAINERS I AND lcl cargo at container terminal 1 NB. (1) Each vessel's estimated time of arrival is advised bv the Shlnnine Line/ Agent and is subject to change I (2) All export FCL containers and LCL cargo must be delivered to the937 words
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Article890 1979-01-17 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 Line— Intermodal. Algerian National Line (CNAN) —Unipacific. Alpac890 words
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Article, Illustration1277 1979-01-17 18 FT THE HONG KONG Government each year publishes a review erf its affairs. The 1978 edition runs to 281 pages. It describes, in considerable detail, everything from the British Crown Colony's stock exchanges to its policy on Vietnamese refugees. It does not, however, even mentionFT - 1,277 words
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Article, Illustration349 1979-01-17 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Centaur (0630 after Tysla hauls) 1/2 Fujiharu Maru (after Sumber Mutiara IV) 15/16 John Bakke (1900 after Ruth Lykes) 47 Perak (0000) 21 East Sarwaguna Enam (0000) 22 Sumber Mutiara IV (after Loquat) 15/16 Tapah (1300) 21 West Tatong (1200 after Iweri)349 words
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Page 13 Advertisements
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Advertisement494 1979-01-17 13 DIRECT DIVERSIFIED DEPENDABLE SERVICES TO/FROM USA AND CANADA Agents Barber Lines Singapore Pte Ud Tel ***** Harrisons Crosiield Kuala Lumpur Tel IMHI t Pemas-MiSC Penang Tel ***** 4§» AR I) I\ I WIAH r Orient Overseas C<micU*tesi Line FULLY CONTAIOtSED SERVICE TO EUROPE (VU SUE) IS. St AS 8M» 19*494 words
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Advertisement250 1979-01-17 13 fsi SEALORD |U ANTAH M UASC INITED ARAB SHIPPING CO (SAG)' vessels ***** DWT. 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability. tABIAN GULF WEEKLY SERVICE ?ssel I S pore I Loading for RED SEA DIRECT SERVICE ssel S pore Loading for tH S^ swr g <**• *«*s/ooc)250 words
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Advertisement336 1979-01-17 13 ■NOL NEPTUNE ORIENT UNES LTD FUUY CONTAINERISED SERVICES: FMt-EAST/EUROPE FUUY COHTAMEWSED SERVICE I 1 j htm Hawe Rda* HDurj Brern A acrp —jOCrTFSr 7fa 3fa 4fa tfa 7fa »fa HCOMI Mia nta IS FA UFA 12 FA 14 FA IS FA 17 FA C.Mtt JFA SFA 2SFA 21 FA 22336 words
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Advertisement645 1979-01-17 13 I 'vcrcrr Lines P0« THI MOST PMQUCMT SAIUMOS TO lAMOKOK HOM«*OH« JAPAN PUSAM. MAERSK LINE _fwOS_^iafcc^Gfl Atlantic and East Canada (Abo ac«Xii* tor Hi FAALLY CONTAINERISED FAST DIRECT WEEKLY H*|hwijwwi. Japan and Korea) P*nanQ Moth* V B I 2 JL Philadelphia Baltimore m 3/3 U/3 17/3 FOR East Asu {Hongkong645 words
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Page 14 Advertisements
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Advertisement746 1979-01-17 14 FULLY CONTAHERBED TO EUROfE EXPRESS CONVENTIONAL TO EUROPE Spare Mitel p*n B»*o Gama WWy fraaaa Uw M»e P»M IBttam 29/1 31/1 3/2 27/2 24/2 14/3 12/3 9/3 7/3 FULLY CONTMKRtSED TO GENOA/TOESTE Spare p. Kdini Chn Tntst* Aiemama Etprrn 18 1 20/1 7/2 13/2 IMHvtmu 27/1 29/1 16/2 22/2 FU.LT746 words
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Advertisement409 1979-01-17 14 Mr it Armat 7105' "TKimr to 2» To: IB ATLANTIC US OAF ft EAST CMMM inb Mar 25 to Mar 30 «pr *>2 to to« to ZJC, (WC) (lAC) *****1 II Mi San Ftmcbco 17-18/3 2J-24/J 3 23-24/1 10-11/2 2J-24/2 25-24/1 1213/2 25-24/2 w IMC {MPRfSS ARABIAN AAiO IRA*IA* PORTS409 words
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Advertisement653 1979-01-17 14 EVERGREEN LINE tfc VE RGSEEN VARINE CORPORAT'ONi 1 IFAR EAST/RED SEA, MEDITERRANEAN 1 EXPRESS FULL CONTAVCR SERVICE ALSO ACCEPTHG CARGO FO* GENOA. LATTAWA. HRUT ALEXANDRIA. BENGHAZI TIOPOU (LBVA) rptn 'MM NrtUJliMMri L**am fm HmfeihmlM tmrnn aim urn hf* wm aw ar* nw E*« Mnt« |FA ISF* nf* MW J*■ s■»653 words
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Advertisement1074 1979-01-17 14 Everett TJnesj 1 m (S phashbecyavtyi laraa Fiw Star ttippii Carpa. 'BURMESE NATIONAL LINE" tOMWIMn A I B F SS C Agents n Motoyvo TEPS MALAYSIA Port Kctong T«l Penong T«l *****/***** kav«|adoa Itwcitimttl S. A. C.I. F ARGENTINE NATIONAL LINE' "AiAbuNA AKDiTVM 7/W fab 11/17 Feb** U/14Fab** TraiKportadon Maritima1,074 words
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Advertisement590 1979-01-17 14 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 210? 7103 21ST FLOOR MARINA HOUSE SHENTONWAY MISTR! ROAD SINGAPORE 2 TFL *****44 7 A *****70 IO SANKYO LINE AUSTRALIA SERVICE P. Keta* SMppare Lm*| tar minima rut mm MKT CMP.. 11/20 tan 15/16 J« BKB. STD. MELB 26/27 Iw 26/29 tan StD.590 words
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Page 15 Advertisements
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Advertisement587 1979-01-17 15 Overseas I 11 Containers Limited 1 SOWg TO UH/COWTWWT: cowtmosmt sonnet from uk/co Kburf arm rtao ib| faM bM 17 tao U part far 17 Ma 11 ta Htm n 25 taa aim aim mMm nlm 31 tan 2 Ftk ■In 171 a »ki Ilia 1 ■b| JFM IM It587 words
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Advertisement848 1979-01-17 15 GRANARD LII\IE RELIABU t DEPEMM&E NON-CONFERENCE EXPRESS SERVICE NEST MUD-FAR EAST/MEUTERRAKAN Spare t Kitai taunt MV MAN FUNG «21N In Port 111 m -T* MV KNOW FUNS V 23* M.V WW TIT V.22W (FW IFW 22 FW 24 FW H) MMM«.2W 17 Mar 20 Mat 22 Mar au *ms acceptng848 words
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Advertisement648 1979-01-17 15 n*\ BEN LINE CONTAINERS EXTKSS CONTWO SERMCE TO/FROM EUROfE H BURG BMAVE* N Germany /Wstru ROAM HAVRE Antwerp f'anci C*y at EMrfk TM» Eipress Osataßay Ekt Mm hburg shaven roam havre soion Germany Austria Benelui France All* P Kelang SaM SjM SaM SaM SaM kM SaM SaM SaM SaM SaM648 words
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Advertisement669 1979-01-17 15 i Scan Dutch V XPRESS CONTAINER SERVICE VIA SUE mm S(Mi 1) IMn 2) Mam 3) Hter| 4) Gter| 11/1 */i 4/2 4/2 1/2 2VI V 2 IV2 IS/ 2 17/7 V? 17/2 22/2 2»/2 2S/2 U/2 24/2 l/l VI VI It/2 VI M/ 3 12/J M/l 1/3 14/3 IVI669 words
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Advertisement666 1979-01-17 15 GUTHRIE BOUSTEAD !GE P ncie g I THE BANK LIME LTD. a ft. Spare 21/24 In Smn 23/21 P nf* ?iu FROM EAST I SOUTH AFMCA f VI S pore 1/12 F«* "•"I f Umi 14/11 Feb Spore It/H Feb LYKES ORIENT LINE EXPRESS SERVICE WRECT FROM SMGAfORE TO NEW666 words
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Page 16 Advertisements
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Advertisement857 1979-01-17 16 K LINE KAWASAKI KISEN KAISHA. LTD. ItoTurope ss nraim SaM mm JFtb «Ftb IKPTUK CORAL HI Hla »l» 11 Tab 12 fab C PAUL 14* 3 Ftb 5 Ftb 21 £b 22J* H PEARL 13W II F* U Fab 27 Fib 21 Ft* CMS 12W 2# Ftk 21 Ftb H857 words
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Advertisement827 1979-01-17 16 ■<33: U.S.A./EAST CANADA SERVICE kcarmt Fcrna contabbs hum ram. t. keuwg. stobe Im*i tar mr toh. nrai 0 m »»am- («s*-2i sen 20/21 ia *n/ntm E.C./6REAT LARES SERVICE I*l hr mau. hew row. momtieal. Toronto. ashtabula. nrnwr ctoci Pmni Raton* P Um| W*orr CAUFORMA/PACFIC NORTH NEST SERVICE Laaßtag tar LOS827 words
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Advertisement467 1979-01-17 16 r. r (iroiin SINGAPORE SHIPPING AGENCIES PTE LTD 1 1: S/M, tI'OKI ISI I \/IS lIM rvrt DSR LINES Sport P UM( Ptoant *<&* A"trp H"bar| Host sowbhausoi 4/s Fob s/iFob27Fob Im. 3Mr 5Mr F.OHU i/lk> l/llkr 29Mr 4 Aprf 1 Apt I*4 iff $(M PMM Mma fm wueiw m/uib467 words
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Advertisement580 1979-01-17 16 SUM, MAI*YSJAN INTERNATIONAL SHIPPING COLORATION BCRHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA Id Mft Fender Vessel Sport 1) Msodto 2) fUtm 3) tftwf t) Cbur, QiiHU Salad wrm kM 38/1 4/2 1/2 1/2 OIMOU M IOMCM 21/1 1/2 11/2 15/2 17/2 FBMCBCA 27/1 KDHOUTMM 4/2 17/2 22/2 2«/2 25/2 FI4KE3C*580 words
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Advertisement753 1979-01-17 16 t INTRfISEfI (PTE) LTD. f-.iber House 234E Orchard Road Smq.iporp 9 Telephone *****' 1 *****5'" t ■EGW.AR HKPOBOn SM/TOi CONTAINS SERVICE TO EUMK It tm akm li tm Wort 1 f 11 ■>!!!/ EHSLZJ9 own booms rami ibompmka wmm-mm mm mtn ORB MKHEAS MMfTM Ml M KMM. *****/2 Kansai Line753 words
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Page 17 Advertisements
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Advertisement237 1979-01-17 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DftECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE PT m PEKANG PT SAO ALEX MU U Saied Feb 1 Feb 6 SFttoUU Feb 16 iu 2 lb, 7 Z fT iDS u M*2l Mjrtt MM TRANS CARGO PHASE CONTACT SCHENKER SINGAPORE237 words
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Advertisement265 1979-01-17 17 MALPIVE LINES n« spore eta root HUMS s*a* i;/1 i«/ 1 loading tor BASRAH mom arq»rot m port loading for MALI/COLOMBO SOUTH PAOFIC 17/ 1 20/ 1 loading toi SALALAH/ ami uux is i ki pon Loading tor DUBAI/ ABU DHABI WIW loading lot KARACHI F«r 22/ 1 iM? MH265 words
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Advertisement228 1979-01-17 17 t Seatrain Full Container Service to LISA FtfDQ *H STOK MOTIO Wl W stok Mono *a 21/1 Sufrm lent 149 ■2VI I OM U GUV E/C 2/2 21/2 IJ/2 a/2 5/3 Full Container Service from USA MOTHR Vft E/C GULF OM U W FEEDfI «l STOK ScjtrM Bm*«M 4/12 1/12228 words
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Advertisement220 1979-01-17 17 ~\GBN/ WESTAFRICA SERVICES CONTAVO SERVICE HA STORE ETA LAGOS ETA P.HAJtCOURT HV. KYOSO MMU 111* 9 Feb 7 Feb (SEN NO. 8QQ6744) LQ Ljfw Mm c*h Dufa. Lw/tmu. UmMm Mmtmu (tad Tam MkfKt nducown*) BULK SERVICE (NON-CONT/UNERtSED) STORE P KELANG PENANG LAGOS A VESSEL... 23 Jw SUBJ. MD SUB) MD.220 words
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Advertisement62 1979-01-17 17 NOTICE DOW A LINE CO.LTD JAPAN M.V. No. 3 BINEKA VOY. 23A arrived 8.1.79 Al P.P. Wharf Godowo 302 General survey on damaged cargo discharged ex the above vessel will be heid on Thursday 18th January 1878 trom 0000 hrs to 1200 hrs. No further survey will be held after62 words
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