The Business Times, 25 January 1979
1979-01-25
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The Business Times
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Title Section9 1979-01-25 1 BUSINESS TIMES M.C.(P) No. 141/1/79 THURSDAY, JANUARY ll» SOCENTS9 words
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BRIEFLY...
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Article64 1979-01-25 1 AP WASHINGTON, Wed. US consumer prices rose 9 per cent in 1978, the largest increase in four years, but inflation improved in the last two months of the year, the Labour Department said today. Price increases were held to 0.6 per cent in December because of smaller increasesAP - 64 words
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Article62 1979-01-25 1 TEHERAN, Wed. The Shah's top adversary, Ayatollah Khomeini, might not return from exile tomorrow or on Friday as initially planned, for reasons of personal security, an informed source said today. This had not been confirmed by the Ayatollah's Shiite Muslim followers. But the government considers that conditions62 words
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Article67 1979-01-25 1 Reuter. KOTA KINABALU, Wed. Malaysian Deputy Prime Minister Dr Mahathir Mohamad claimed here today that a group calling itself "the World Vision" is helping Vietnamese refugees to come to Malaysia. This group, according to him, met refugees in the South China Sea and provided them with navigational aidsReuter. - 67 words
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Article62 1979-01-25 1 Reuter. KOTA KINABALU, Wed. An aluminium smelting pl§nt costing more than US$727 million (Sss9B million) is to be built soon jointly by South Korean, French and Malaysian interests in Sabah. The industrial development director of Sabah, Mr H. Choy, said a meeting of the partners he attendedReuter. - 62 words
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Article59 1979-01-25 1 UPI. LONDON, Wed. The US dollar opened generally lower on Europe's money markets today and finished the day's trading in Tokyo with a modest gain. The price of gold rose more than US$3. The dollar snapped back from an overnight drop against the yen in Tokyo ending tradingUPI. - 59 words
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Article34 1979-01-25 1 SEOUL, Wed. South Korea hopes to boost commodity exports to a total US$5O billion (Ssllo billion) in 1986, four times as much as it exported last year, a government plan disclosed today.34 words
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Article74 1979-01-25 1 AFP. JERUSALEM, Wed. The Israeli government today rejected a compromise formula worked out in a week of talks between Israeli and US officials, for two key clauses in the proposed peace treaty with Egypt. The clauses in articles four and six, relate to military security arrangements in theAFP. - 74 words
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Article55 1979-01-25 1 UPI. NEW YORK, Wed. The stock market pushed higher early today in moderately active trading. The Dow Jones industrial average, an 8.32 point winner yesterday, was ahead 0.95 point to 847.79. Advances led declines, 531 to 448 among the 1,459 issues crossing the tape. First hour trading amountedUPI. - 55 words
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Chief Price Changes
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Article121 1979-01-25 1 Rises Metro Hldgs 396 44 M Breweries 590 30 Berjuntai 730 20 Shangri-La 530 20 Sungei Besi 700 15 tJ O F 228 12 c c 550 10 Tractors 525 10 U O 1 239 10 Dunlop Ind 460 8 Carlsberg 418 8 Falls Ayer Hi tarn Tin 1250121 words
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Article, Illustration152 1979-01-25 1 Rises Most Active Kamunting A Amal 230 510 10 10 F Merlin 257,000 F A N 560 10 S Darby 257,000 Oriental 600 10 UOL 249,000 M Banking 675 10 Consplant 230,000 S Mai Tin 1100 10 Total Turnover: 2.81m Duff Dev 198 07 Total Value: MS6.47m SEA152 words
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Article739 1979-01-25 1 TSANG SAU YIN - COASTAL ROAD LINK By TSANG SAU YIN THE PUBLIC Works Department will call for two more major tenders for the Changi International Airport next month. One involves the construction of a coastal road and the other, the air traffic control tower. The coastal road is739 words
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Article209 1979-01-25 1 UPI US ENERGY Secretary James Schlesinger warned on Tuesday the turbulence in Iran could push up fuel prices substantially in the US and might even lead to rationing as a last resort. In a grim assessment of the Iranian crisis, Dr. Schlesinger predicted Iran's oilUPI - 209 words
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Article441 1979-01-25 1 Reuter. JAPAN'S trade surplus with the rest of the world soared to a record U5518.27 billion (5540.2 billion) last year, almost double the 1977 figure, the Finance Ministry said yesterday. Exports in the year rose by 21 per cent to $97.58 billion, and imports were upReuter. - 441 words
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Article186 1979-01-25 1 PRIME MINISTER Masayoshi Ohira, who regards friendship with the United States as the cornerstone of Japan's diplomacy, will pledge untiring efforts to remove economic friction with Washington in a policy speech before the Diet (parliament) today. According to his aides, the 68-year-old Prime Minister186 words
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Article106 1979-01-25 1 SOH HANG KENG - By SOH HANG KENG THE ACCOUNTANTGENERAL, Mr Chua Kim Yeow, is tipped to take over as president of the Development Bank of Singapore from Mr Howe Yoon Chong, who will resign to contest the by-elec-tions. Currently, Mr Chua is director of DBS and the Monetary Authority of106 words
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274 1979-01-25 1 THE TRANSITION to a higher-teehaetogy Industrial hase aai a tower grewth rate predicted tor the Western conn tries Is expected to red see Singapore's grewth rate this year to Jut C per eeat. This will be tower than the estimated274 words
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330 1979-01-25 1 FONG MEW LENG - By FONG MEW LENG THE THAI government has finally agreed to extend the work contract of Thai foreign workers engaged by Singapore firms to two years. This move will remove uncertainty faced by Singapore employers in engaging Thai workers for their factories. Previously,330 words
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102 1979-01-25 1 AS THE Horaa gallops Into tha aunaat, tha unmturning ram la about to taka ovar tha ralna quiatly. If tha fanfara-laaa an try of tha ram la unaattllng tha world of bualnaaa, Bualnaaa Tlmaa, without conaultlng tha oracla, outllnaa tha proapacta ahaad for manufacturing, aarvica102 words
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Page 1 Advertisements
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Advertisement5 1979-01-25 1 SINGAPORE BUSINESS The Business Mngozme5 words
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Advertisement125 1979-01-25 1 SEE BACK PAGE =LIM EUROPE'S KING OF THE ROAO Peugeot is riding high these days. It is not only Europe's top auto manufacturer but also the fifth largest in the whole world. Not bad for a family concern! To make France the only country that can rival the motor industry125 words
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Advertisement70 1979-01-25 1 OF ASIAN ieaas aad Amu pr»Jccti I DON is executive director sf SIM I TINPLATE is shialag bright 4 THE w« US f—adattoa....—s INSIDER FORUM: The Chiaa-Taiwaa SHIPPING TIMES WORLDS mest iaflaential huh 7 US dallar Imi spreads to wMmt 9 M. BANKING deoMe digit all the way................................. II ROAD70 words
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Advertisement8 1979-01-25 1 Trust Sony far your video needs S AKAI8 words
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TRADE AND INDUSTRY
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Article372 1979-01-25 2 SOH TIANG KENG - Recourse to Asian market By SOH TIANG KENG FUNDS for the Asean industrial projects can be raised through the issue of Asian dollar bonds at preferential rates. This was suggested by Professor S.Y. Lee, head of the department of industrial and business management at Nanyang University, In his paper presented372 words
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168 1979-01-25 2 THE University of Singapore's Extramural Studies Department will be holding two courses on digital systems and Cobol programming beginning on Feb. 5. The course on "Digital Systems I" will comprise 10 lectures by Miss Chla Klat Meng, a part-time lecturer at the university, on modern168 words
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Article, Illustration144 1979-01-25 2 FOXBORO Far East, the Singapore subsidiary of Foxboro of the US, has set up a training centre for digital control systems here. Response to the training courses available Ims been enthusiastic, reported the company, and all courses up to October are fully booked. Foxboro Educational Services144 words
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193 1979-01-25 2 ONE OF the top four manufacturers of bearings In Japan, NachlFujikoshl Corporation, has decided to set up an integrated manufacturing plant here for the production of precision cutting tools. The Singapore plant will be the company's fourth overseas manufacturing facility. The others are193 words
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317 1979-01-25 2 FOO CHOY PENG - By FOO CHOY PENG POLITICIANS were chided at the first two days of the International Symposium on Science and Technology for Development for not consulting the scientists and technologists on science policy. The 130 participants at the five-day symposium, which began on Monday, at the317 words
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291 1979-01-25 2 THE TRAFFIC density of the Straits of Singapore remained stable over the past two years with the number of ships using the Straits increasing by a mere 2.16 per cent. A survey of all vessels using the straits for a 28-day period conducted from291 words
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Article, Illustration476 1979-01-25 2 THE POST of director of the school of accountancy and business administration, University of Singapore, will change hands on Feb. 1. Dr. Lee Soo Ann, associate professor In economics, will take over the director's post from Professor You Poh Seng who will Join476 words
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Article493 1979-01-25 2 COURSES AND TALKS Nov 6-Jan 27: Life insurance agents certificate course (English and Chinese), SITC, SITC Jan 3-Feb 21: Statistics for Insurance Employees, SITC, SITC Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC Feb 12-13: Finance for nonfinancial managers, Ming Court, Price Waterhouse Feb 15-16: Critical path493 words
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Page 2 Advertisements
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Advertisement358 1979-01-25 2 A HOME? Then look for it in Business Times classified property advertisements an easy to read guide to the available properties at the top end of the market. Home-hunters are especially catered for in the new LEISURE TIMES supplement that comes with Business Times every Saturday morning. If you are358 words
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Page 2 Miscellaneous
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Miscellaneous614 1979-01-25 2 II TWO-IN-ONE I CRYPTIC PUZZLE ACROSS 1 Lordly showman? (5) 6 Move his broken foot! (5) 9 Air bone container? (3-4) 10 Quick way to divide (odder (5) 11 We get such weather in excluding sunshine* (5) 12 Does it smell like tar on the stern of a boat? (5)614 words
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Page 3 Advertisements
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Advertisement111 1979-01-25 3 i I ft I IK# -4 ¥)ud like an easy day's ride to the heart oflexas. Who cares? We care. Catch our Texas Express from Singapore. Leave town before high noon and you're in Dallas-Fort VCforth soon after sundown. The British Airways Concorde takes the fastest trail to West: London*111 words
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RAW MATERIALS
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Article523 1979-01-25 4 LONDON-based commodity consultants, Rayner-Harwill Ltd, predicted thai tinplate will be the brightest performer in the packaging Industry, at least for the next Ave years. Rayner-Harwill made this favourable conclusion alter taking a comprehensive look at the packaging industry, encompassing metal containers and competing non-metal containers, with523 words
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Article, Illustration452 1979-01-25 4 THE United States and the European Common Market have taken an important step towards a new international agreement regulating world trade in wheat, a conference negotiating the accord was told on Tuesday. "I believe that we have here an important step towards an agreement," said452 words
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230 1979-01-25 4 THE Carter Administration seeks US$6O million in supplemental appropriations for the current 1979 fiscal year that began October 1 to acquire tin for contribution to the International Tin Council, as laid down in the US budget for fiscal 1960. The supplemental request, which230 words
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Article, Illustration762 1979-01-25 4 THE silver market in 1979 should continue to rise, but it will be susceptible to volatility, Rayner Harwill, UK commodity brokers and consultants, says. The gold market will also be volatile, and although prices should rise in the early part of 1979 they762 words
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Article347 1979-01-25 4 THE Singapore rubber market yesterday closed slightly higher in quiet trading with February One RSS quoted at 233.25 cents per kilo, up 0.50 cent from Tuesday's close, dealers said. The morning session closed slightly lower with February One RSS buyers quoted at 232.50 cents per kilo, down 0.25 cent347 words
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Article447 1979-01-25 4 Prices In cents per kilo yesterday: Noon Cloae (1 *r kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt fob 232.00 233 00N 233 00 234 OON Int. 1 R.S.S. Feb 232 50 233.00 233.25 233 75 Int 1 R.S.S. Mar 232 75 233 00 233447 words
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Article132 1979-01-25 4 NOON SSR mne 1 SMR prtrn veslerdav RAS February March 11 urrenl Mtkl <Fo rward Mthl Buyer* Sellers Buyers Sellers SSR 3D 11 tun pallMI 229 00 231 OON 229 50 131 SON SSR SO <1-1 tun piiltii 226 00 228.00N ***** *****N MRELB 242 OON SMR132 words
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Article179 1979-01-25 4 SUGAR FUTURES trading in Hongkong yesterday continued dull with three lots traded against one on Tuesday, dealers said. March closed at US 8.02/ 23 cents against Tuesday's 7.99/8.31 close and the distant January at 9.00/40 against 9.20/40 cents. Sugar futures < losing prices: Cmlak PrfvWii Ctaatac Mch 8.02179 words
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Article30 1979-01-25 4 Rubber: Jan 24 Singapore: February: 233.25 cents (up 0.50 cent) Malaysia: February: 237.50 (up 1.00 cent) Tin: $1,751 (down $9) Official offering: 240 tonnes (up 14 tonnes) I30 words
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Article376 1979-01-25 4 PRICES WERE little changed in yet another dull period of trading on the Singapore produce market yesterday. The general lack of foreign interest at prices compatible with levels prevailing here was cited as the biggest single factor behind the sluggish market. Easier trend in the overnight New York376 words
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Article76 1979-01-25 4 THE Straits tin price in Penang yesterday eased another Ms 9 per picul to $1,751, $51 above the International Tin Agreement ceiling, dealers said. Values retreated further following easier London sentiment and the high volume of tin concentrate delivered by miners for clearance before Chinese new year, they76 words
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Article808 1979-01-25 4 TIN: Gained £122 for cash and £120 for three months standard yesterday morning, while high grade was up £127 and £125. Dealers attributed the rally to covering against good overnight US demand and fresh buying prompted by the general trend which offset the further fall at Penang as808 words
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Article72 1979-01-25 4 C.I.F. North European ports, tn US dollars per ton unless otherwise stated. LONDON: Tues Previous Malaysian 5*ffa bulk per tonne 637 50slr March unch Sumatra 5* ffa bulk 655sIr January 652.50pd February unch 650slr March MSpd 647 50slr April 637 50pd 637 ipd May 635pd 637' aslr Nigeria72 words
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Article205 1979-01-25 4 SINGAPORE: Yesterdays closing price* in SS per Irik) exgodown: THAI WHITE 100 pel first claa (kangaroo): New crop 0 SB 100 pet second class 0 89 100 pet third class 0.87 25 pet new crop no stock 810 pet 0 79 THAI BROKEN A-super 0 62 Special 0.56 Thai205 words
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Article213 1979-01-25 4 CHICAGO soybean futures surged out of the loss umn near the close on Tuesday to finish with gains 3/4 to one US cent a bushel The rally, attributed "To widespread local covering possibly resulting from heavy buying of t-orn futures, boosted the Marcn contract some six cents- in the213 words
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Article152 1979-01-25 4 WHEAT futures in Chicago, after echoing the morning's up-and-down movement in soybeans, stood lower at mid-session on Tuesday. Values shed 1 4 to two cents a bushel. Traders said the easiness was rooted in general local selling and a lack of aggressive buying. Nearbys firmed on bidding by a152 words
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323 1979-01-25 4 Reuter MALAYSIA is expected to order 100,000 tonnes of Thai rice soon, director-general of Thailand's Foreign Trade Department Bajr Issarasena said. The director general of the Malaysian Rice Department, Encik Amaridin Kamaruddin. will come to Bangkok in a few days on a riceReuter - 323 words
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Page 4 Advertisements
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Advertisement151 1979-01-25 4 1 rinu Study with tt MM? universe PREPARATORY SCHOOL i TORONTO, ONTARIO UPS specialises in preparing overseas students for Grade 12 and 13 Examinations leading to entry to Universities and Colleges in Canada and USA. #UPS is registered with the Ontario Ministry of Education and its Credit and Diploma courses151 words
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OVERSEAS
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Article, Illustration905 1979-01-25 5 STATE OF THE UNION ADDRESS NYT IN A SOBER State of the Union address that stressed efficient government rather than new programmes, President Carter on Tuesday night called on the US Congress to help build "a new foundation" for the future by controlling inflation and strengthening peaceNYT; AP photo - 905 words
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Article240 1979-01-25 5 Reuter. NEW ORDERS received by American heavy industry fell for the second month In a row during December, signalling slower activity in the key manufacturing sector, a government report in Washington showed. The Commerce Department said a sharp drop in new orders for motor vehicles andReuter. - 240 words
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WORLD IN BRIEF
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Article502 1979-01-25 5 Agencies ASEAN may take a common decision on the issue of recognition of the new Cambodian regime, Indian External Affairs Minister A.B. Vajpayee quoted Malaysian Foreign Minister Tengku Ahmad Rlthauddeen as telling him on Tuesday. Mr Vajpayee said Tengku Rlthauddeen said that Malaysia had not been approachedAgencies - 502 words
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293 1979-01-25 5 PRESIDENT Carter's State of the Union Addree# contained no surprises, and will have little impact on the foreign exchange, stock and money markets, hankers in New York forecast. US stock market participants are likely to interpret positively Mr Carter's stress, in the economic293 words
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462 1979-01-25 5 AP. THE US Administration is actively considering ways to grant most-favoured-natlon trade status to both the Soviet Union and China, State Department sources said on Tuesday. The sources said no final decision has been made, but that the Administration Is finding thatAP. - 462 words
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Article312 1979-01-25 5 Reuter THE FULL West German Cabinet approved the government's economic report for 1979 which projects real growth of around 4 per cent this year after a provisional 3.4 per cent in 1978. The report, made public after Tuesday's Cabinet meeting, does not seeReuter - 312 words
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Article192 1979-01-25 5 AP j PRIME Minister James Callaghan, In his toughest statement yet on Britain's worsening Industrial chaos, has warned striking labour unions that the nation's patience is wearing thin, and they may face new laws curbing their power. Mr. Callaghan's warning In the House of Commons onAP - 192 words
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Article736 1979-01-25 5 ARRIVALS Service Local Operator Number Time From MAS MH605 1045 KUL SIA SQ103 1015 KUL SLA SQ209 1045 HLP GIA GA944 1055 PKU GIA GA891 UOO AMSFRAKHI GIA GA908 1100 MGS PAL PR501 1135 MNL GIA GA982 1200 HLP SU SQ240 1210 MES SIA SQ201 1245 HLP736 words
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Page 5 Advertisements
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Advertisement56 1979-01-25 5 This Chinese New Yfear, buy yourself the smartest, most fashionable look. From Metwani': S>: tftekoanfe Tailor since 1883 G-5 Clifford Centre Tel: *****3 *86 High Street Tel: *****3/****** +116-116 Plaza Sinaapura Ist Floor Tel- *****9' +G26-27 Specialists' Centre Tel: *****4 Gl5 Singapore Hilton Arcade Tel: 3706W +114-115 Shaw Centre Tel:56 words
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Article421 1979-01-25 6 THE Asean industrial projects will need all the help they can get and they should find cheap financing in the form of Asian dollar bonds useful. Businessmen are seldom more enthusiastic than when they are given cheap sources of funds because such an advantage421 words
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325 1979-01-25 6 AS SINGAPORE moves up the ladder of industrial development, there is an urgent need to ensure that there are good planners, leaders, administrators and managers to guide these enterprises to success. Nowhere is this need more urgent than in the institutions which are to produce325 words
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2079 1979-01-25 6 Who are insider-traders and what are the laws that control them? In Part 10 of his series on law and the company director, Awther Singh launches into an in-depth discussion of these "big-time thiefs". WE RATHER lightly described insider trading as "bigtime stealing",2,079 words
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Page 6 Advertisements
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Advertisement68 1979-01-25 6 pess Where to wine and dine... APOLLO HOTEL Havelock Road, Singaore 3 Tel: *****1 AMBASSADOR HOTEL R ad S,nga P° re 15 CENTURY PARK SHERATON Nassim Hill, Singapore 10 Tel: *****7 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****66 COCKPIT HOTEL 6 7 Oxley Rise, Singapore 9 Tel: *****168 words
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Advertisement43 1979-01-25 6 Indonesian set lunch daily for lovers of spicy food and our speciality IK AN MAS. Try our most-talked about air-flown steaks for gourmets. A special International Buffet from 12 noon to 3 pm. every Sunday. Adult: $8/- +10% 3% Children $51- +10% 3%43 words
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Advertisement62 1979-01-25 6 *In the Georgian Vftng aftheCocbpi a splendid Period restaurant offering the choicest fare in the true British tradition where good tasie triurrfrisfrom BeefViyiingon. Butterfly Fillet and a wide choice of traditional dishes *> dining in a luxurious period atmosphere \Wth servioe friend and foe praise us for A hearty weioome62 words
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Advertisement38 1979-01-25 6 The best place to wine and dine in the world's fourth largest harbour Lu—^ •M Ifl 1 I I •t EXECUTIVE CHEF: LEO WALDMEIER. MAITRE D'HOTEL; WILLIAM TAN. SINGAPORE HILTON 2ND FLOOR For reservations ring *****3 extn 253638 words
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Page 6 Miscellaneous
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Miscellaneous49 1979-01-25 6 uj»CM IN TvAe fagvc? c > v 0«»> SOflgy JQN£.S —Top £>OS> UOfcVCiHG, LUHCM MOOR £<> i ,^B 1 IfcINYC ITS ONLY FPQg. G?o\HG> ON HOL>DPH Neyr coee*... DOM'T U)Pvt4l To i Pv S\«GI£.TMIMG rpR yxi lp DO.. .<2fr\ !MflMs?glSg^§@ EAR i-i my Npvme \s JoicS... I'd L *&A2jjP RoU6H49 words
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Miscellaneous617 1979-01-25 6 3.00 PM Opening and Sherlock Holmes The Case of the Night Train Riddle 3.30 Oiary of Events (Chinese) 3.40 Home Sweet Home (Mandarin Drama Serial repeat) 4.20 Intermission 6.00 Opening and What's My Line 6.30 News in Brief 6.35 Outfine tistory of Europe (repeat last episode) 7.05 Samudra (Malay) News617 words
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Article, Illustration1993 1979-01-25 7 STEPHEN BRONTE; STEPHEN BRONTE - What it the most influential bank in the world? In many ways it's Bank of Tokyo, the most international of Japan's hanks. In no other industrialised country does a commercial bank have such influence. Bank of Tokyo has so much that it's1,993 words
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Article306 1979-01-25 7 THE SHAH of Iran, as we all know, has joined one of the most exclusive clubs in the world that of monarchs living in exile. But who are his club members? Well, according to a report from Paris there is exKing Constantine of Greece, who is306 words
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987 1979-01-25 7 Francis Chin - (FORUM ...with Francis Chin RECONCILIATION talks be- tween Taipei and Peking are still distant despite the rel cent overtures made by Chinese First Vice-Premier Teng Hsiao-ping. 1 The communists have not > actually renounced the use of force to bring Taiwan back to987 words
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Page 7 Advertisements
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Advertisement272 1979-01-25 7 r» 1 +A fe 1 M'* mr FOR JAPANESE CUISINE, > COMETO w authentic Japanese food Teppoo YohKi TernpofO Sfioifiimi SohiyoiM Shobo Sfiabj Duiiness Mouo Lunch 12 Noon 2 30 p m Dinner 0 30pm 1030pm Singapore 214 Duneam Road Singapore Tel !>***** HOTtL MALAYSIA 40 Cuscaden Road. Singapore 9272 words
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Advertisement78 1979-01-25 7 ORCHID INN w 214 Dunearn Road. Singapore II Tel *****2 HOTEL PHOENIX SINC.APORL Orchard/Somerset Roads. Singapore 9 Id 37*666 PtNINSULA HOTEL Coleman Street. Singapore 6 Tel *****1 RAH-LtS HOTEL 1-3 Beach Road. Singapore 7 Tel J*****/***** SHANCiRI LA HOTLL 22 Orange Grove Road, Singapore 10 lel *****4 SINGAPLRA hORLM HOTLL78 words
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INTERNATIONAL STOCKS
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Article311 1979-01-25 8 JAN S Rand INDUSTRIALS A Alpha 145 -a ADercom AE And CI A MIC Barlows C« Su«ar rfia 280 as 1290 53) 5 unch -10 J 5 566 210 Currte Finance US -J De Beers Irvd Edcon Edfars ICS as 4000 •US +5 E»eready red Volt Fuflt HI te311 words
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Article63 1979-01-25 8 FINANCIAL TIMES INDUSTRIALS Tuesday 1 467.6 Monday 473.1 Week Ago 481.5 DOW JONES AVERAGE INDUSTRIALS Tuesday 846.85 Monday 838.53 Week ago 835.59 LONDON DOLLAR PREMIUM Tuesday 00'. to 90 J Monday 89' to 39 HJl.HANG SENG Wednesday 535.22 Tuesday 536.28 Week ago 540.44 SYDNEY INDUSTRIALS Wednesday 478.78 Tuesday63 words
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Article1373 1979-01-25 8 NEW YORK A WARM reception for President Carter s budget, some hopeful developments on interest rates and a firmer dollar lifted stocks in moderate trading on Tuesday. Analysts said investors were pleased that while congressmen quibbled over parts of the Carter budget, many agreed with its overall1,373 words
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EUROPEAN MARKETS
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Article184 1979-01-25 8 JAN 23 Franca Actions Sulaees IB AliuuUae Br 1210 Alusutsse Ret. M2 unch Brown Bovcrt Br. MB 5 Clba Ottgy Br. 1100 -5 Clba Ortfy p c OB -20 Clba Qclpr Rm Credit Suisse Br 074 2206 •1 -S Credit Suisse Rag 430 -2 Eleklrowsu Br. ion -6 'Qeorte184 words
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Article171 1979-01-25 8 JAN 23 Pla abn 372J0 OX Ahohl ISM -0.4 Akao 30.80 -X4 AMEV r>jo IX Amfaj USJO unch Am rot Bank Berfoaa 71 JO SO oo 02 0.5 Berk Boil 73J0 -OJ Borsumij 110.00 Burhmann T7J0 Byenkorf 8390 -0.1 Calve Drift 172.50 unch Dell M|) 134-00 04 Ennla 145.00171 words
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Article191 1979-01-25 8 JAN 23 Dm Aef-Telefunken 75 JO 0J Akao 28 10 ♦0.1 Alii Leben «KM -s A1U Vera M»W 0J BASF 135 70 1J Bay H T Wbank 97 00 Bay Vbank ***** J R»»r 135.70 1.7 MB Cantlla WOO unch Cltem Vrrw Oooimcnbank CooU Oummi Dalmlcr-Beni Dafuna rwm»f DeuUche191 words
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Article265 1979-01-25 8 CORBEILLE JAN 23 Frs ♦A Air-Liquid? B 8 N Oenral* Danooe C 8 F < ThomsonCsf) CI* Francalae aes PrUolts 413 M2 401 141 -3 ♦> ■4 1.7 Compacnle Financier* Coin p«(nlc Oeneralt Credit Foncler De Franc* 417 471 -59 -7 Kuhiut (Ilhralrte) 252 1.2 Machines Bull (1.10 u265 words
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Article90 1979-01-25 8 FORWARD MARKET JAN 8 m Acec «7J 30 ArhMl Mas -15 Ajtur 730 38 Braacui m +1 Bru-Lajob 1710 ♦15 Cinpw +4 fVwfc 400 7 De Been 306 +5 MK 45 Dectrotwl rm 10 Ob-Lnno-Bm 2S80 10 Of* Hobok 1378 rm 1 -5 Petro MTO Ryl Dutch 1*30 lp'90 words
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Article71 1979-01-25 8 JAN 23 Lire Anlr MM -0-5 Aaaoc Oen ***** •M0 Bastofl 5M •4 Central# MIS -78 Tlat ZMI 38 Flrulder 17U0 1 Oen lmmoto «-2S -15 in pit 2386 30 iuucemenu ***** M0 iuicu m -12 IUlaMer 306 M&cneU M Pf $30 JO C5 MmraUl Ere M0 ♦U Medtob71 words
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Article222 1979-01-25 8 JAN 33 CS AbtUbl is Alemn Alfom* as Bank Mont sh Bank Nova Scotia 36 Bell T.I 82s Beth Corp BP Cm Ltd Z2 Braacan us Camp Red Lake MS Can Imp Bk 30s Canpac MS Canpac In* Pf M'tB Carllnf OXeefe It Com inco 36s Con* Bath 13222 words
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Article604 1979-01-25 8 TOKYO Source: DBS-Daiwa Securities THE MARKET continued bullish with interest mainly on resources-related issues and medium-sized blue chips. Individual and corporate investors were heavy buyers of largecapital stocks. On the other hand, mutual funds concentrated on medttim-sized and high-priced blue chips such as Kyoto Ceramic, MatsushitaSource: DBS-Daiwa Securities - 604 words
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Article361 1979-01-25 8 THE MARKET finned, aided by overseas interest in mining shares, dealers said. MIM rose 7 cents to $3.00 on its interim profit rise, while Mt. Lyell firmed 4 cents and Pacific 6. Bougainville lost 3 to 11.80 despite its record copper output, but Western Mining added 4 to $1.96361 words
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Article102 1979-01-25 8 JAN 24 Peso* Aco)» Mining .0115 unch AUu Con A Atlaa Con. B 22.70 unch Bagulo OoW .0125 0.001 Bencuet Con. B BF Goodrich 28.00 -12b CTtnt> ZZZ! 24.00 unch unch Inco B Landoll Lepanto B. HZ. .2750 0.01 Martnduque B Lao ♦0 15 Meralco 2725 0.25 Oriental A102 words
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Article336 1979-01-25 8 THE STOCK market closed firm with gains in the majority in moderate trading, dealers said. In the financial sector. Raja Finance dropped 40 baht to 1,600, First Trust rose 10 baht to 434, Bangkok Investment lost 8 to 352, Lee Kwang Ming Trust advanced 7 to 178 and Thai336 words
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Article259 1979-01-25 8 Reuter STANDARD Oil Co. of Indiana said its earnings from overseas exploration and production rose 8 per cent to U*****.8 million in 1978 from 1250.7 million in the previous year. Despite a shutdown in Iran during the fourth quarter, both liquid and natural gas outputReuter - 259 words
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Article255 1979-01-25 8 Reuter WESTERN Mining Corp Ltd (WMC) said diamond drill hole RO 16 intersected 1.3 per cent copper and 0.94 lbs/tonne uranium oxide over 53 metres at the Olympic Dam prospect on Roxby Downs Station (Ranch) in South Australia. The intersection was over the depths of 815Reuter - 255 words
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155 1979-01-25 8 Reuter THE UNION Carbide Corporation said its fourth quarter profit has risen to U*****.5 million or $1.97 a share, from $107.6 million or $1.67 a share in the similar year-ago period. However it said results for the fourth quarter included a non-recurring gain equal toReuter - 155 words
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Article86 1979-01-25 8 Reuter MINNESOTA Mining and Manufacturing Co. reported a fourth quarter net earnings per share of US$l.26 vs 94 cents on net profit of $147.2 million compared with $108.9 million. Sales were $1.19 billion vs $1.01 billion Earnings per share for the year was $4.83 vsReuter - 86 words
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Article345 1979-01-25 8 Source: SHK Sec Ltd AGAIN, due to thin trading conditions and the run-up to Chinese New Year, the market acted nervously to move within a narrow range all day. Overseas orders were lacking, due to adverse conditions in the UK. It was a trend less day on the whole.Source: SHK Sec Ltd - 345 words
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203 1979-01-25 8 Reuter MIM Holdings Ltd. reported an unaudited consolidated net profit of A 526.20 million ($27.09 million) for the first 24 weeks ended Dec. 17, 1978 on sales of 1211.69 million ($177.88 million). Profit is after tax $17.20 million (115.39 million), cost of salesReuter - 203 words
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Article71 1979-01-25 8 Reuter BOUGAINVILLE Copper Ltd. said its contained copper output rose to 198,603 tonnes in 1978 from 182,291 in 1977. Gold and silver output also rose, to 23,367 kilos (22,374) and 52,525 kilos (47,430) respectively. Ore milled rose to 38.1 million tonnes from 34.1 millioo.but grade declined toReuter - 71 words
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Page 8 Advertisements
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Advertisement313 1979-01-25 8 GOOD READING FOR ALL PARENTS Learning Through Play is a book chock full of ideas for simple games, activities and experiments, designed to help children develop their minds and bodies. Babyhood should be required reading not only for all parents but for every doctor or nurse in contact with young313 words
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BANKING AND FINANCE
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Article544 1979-01-25 9 Reuter. THE announcement that Canada is negotiating a yen borrowing is an early indication t.he Federal government is likely to continue to be Canada's principal borrower in foreign markets this year, bond market economists said. The government may be aiming to borrow between US$4 and $5Reuter. - 544 words
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136 1979-01-25 9 JAPANESE life Imumm cMpulei have been ■tepptag mneM Mlig pertfaito la vestmeats, seeking better retiM, becaase ef siagglsh demectle fiU ienaW aad sagglag secarlties yields. Aecerdlag to the llaaace ministry, their aatstoadiag laveatmeats la fereiga stock aad heads totalled U,M mllllea yea (aheat SJI4S136 words
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MONEY AND EXCHANGE$
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Article386 1979-01-25 9 THE US dollar saw narrow fluctuations on the foreign exchange market yesterday, closing generally weaker aganist major currencies. Against the yen, the US dollar opened at 196.00/10 and remained around that level for the morning. Afternoon trading saw the dollar easing, last standing at 197.75/85. The US dollar386 words
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Article191 1979-01-25 9 Asian rates ASIAN currency deposit interbank rates as at close on Jan 24 US Dollars(Spot) Offer Bid 7 days 10 J 10'« 1 month s>. 2 months 10 i 10 3 3 months 10 T 10 J 4 6 months IP. 11'* 9 months 1111/*****/16 12 months ll»n 11'* Sw.Fr*.191 words
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Article56 1979-01-25 9 Rates were not available yesterday. Range of prices offered by discount houses on Jan 23: Overnight 4';% Call deposits 4'« to 4'j% Closing Buying Selling 3 month Treasury bills 4 7/16 4 5/16 3 month Bank bills 711/16 7 9/16 3 month CD 711/16 79/16 6 month CD V,56 words
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Article21 1979-01-25 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 7.75 per cent.21 words
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Article197 1979-01-25 9 CLOSING PRICES on the Singapore gold futures market yesterday were February U*****.90 235.50. March $237.20 80, April $239.70/90, June $244.00/50, August $248.80 249.10, and October $253.10 254.00. Meanwhile, Slagmas reported that the kilobar yesterday opened at $16,329 and traded between $16,396 and $16,329 before closing at $16,356. The market197 words
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Article268 1979-01-25 9 THE US dollar in London yesterday opened slightly weaker against Far East levels and Tuesday night's close in quiet early trading, dealers said. They said the dollar eased slightly on disappointment about the contents of President Carter's state of the union speech overnight although many operators continued to stay268 words
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Article113 1979-01-25 9 THE US dollar for overnight delivery in Tokyo yesterday closed at 196.10 yen, down from a 196.20 opening but up from 197.55 at Tuesday's close, dealers said. The dollar for immediate delivery closed at 196.25 yen, up from 196.15 at the opening and 197.95 at Tuesday's close. Forward dollar113 words
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Article219 1979-01-25 9 THE US dollar in Hongkong yesterday traded weaker against most currencies following President Carter's state of the union message, despite substantial central bank intervention to support the currency, dealers said. They cited lack of substance to the President's speech for a general resumption of short positions in the US219 words
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Article46 1979-01-25 9 FRANKFURT exchanges closing quotes on Jan 23: US 1.8497 1.8507 UK 3 686 696 Netherlands 92 57 67 Switzerland 110.00/ V Belgium com 6 335 345 Belgium fin 6.177/217 France 43.47 /57 Norway 36 35 45 Italy 2.305 215 Japan 0.9333 48 Canada 1.5645 6546 words
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Article47 1979-01-25 9 AUSTRALIA/NZ exchanges quotes yeaterday: US dollar ***** ***** Sterling 0 5733 0 5668 Ninety-day air mail buying rates: Sterling 0.5969 Ninety-day forward buying ratesSterling US dollars 1.1482 New Zealand: Sterling 0.5306 ***** US dollar 1.0428 1.0628 Ninety-day air mail buying rate!: Sterling ***** US dollar 1.100847 words
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Article87 1979-01-25 9 THE MONETARY Authority of Singapore has invited banks and discount houses to tender for a total of $30 million 91-day Treasury bills to be issued from Jan 31 to Feb 2 and $10 million 182-day Treasury bills to be issued on Jan 31. Each tender must not87 words
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622 1979-01-25 9 COLIN CHEE - By COLIN CHEE INTEREST rate spreads for US dollar loans are expected to widen over the year. Bankers say this seems to be the trend since late last year and attribute it partly to higher cost of hinds and the (act that banks,622 words
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Article206 1979-01-25 9 Reuter SMALL stockholders of Oriental Petroleum and Minerals Corp have alleged to the Philippines Securities and Exchange Commission (SEC) that a proposed stock-swap deal with an unnamed party could be illegal, official sources said. The deal involves the swapping of 2.5 billion new one centavd Oriental sharesReuter - 206 words
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364 1979-01-25 9 Reuter. NEW York City plans another note offering within 30 days, a spokesman for City Comptroller Harrison Coldin said.--In its current note offering, details of which were finalised yesterday, the city is selling US$l25 million of five-month notes with an 8 per centReuter. - 364 words
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Article467 1979-01-25 9 NYT THREE former top officials of the Franklin National Bank were convicted on Tuesday on charges that they had falsified financial records to conceal the bank's loss of millions of dollars. The jury of five men and seven women reached verdict on the third day of deliberationsNYT - 467 words
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Page 9 Advertisements
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Advertisement113 1979-01-25 9 rep 4//> 4t o *****-1 A reminder that shows even a great legend can have its unusual moments. Clearly, when you own a Mercedes-Benz, you don't want to be stranded nor leave your car unattended in the unlikely event of trouble. Our hot line will help you out wherever you113 words
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DEALS DONE ON THE SES AND KLSE
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Article1858 1979-01-25 10 431 D and offer prices officially 3'sted and business In and Je ported to the Stock Exchange J» f Singapore yesterday with the Ji umber of shares traded shown In brackets In lots of 1.000 units Jinless otherwise specified All Time Settlement Contracts quoted after the word "sett"1,858 words
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Article168 1979-01-25 10 4,1 /f i I 8 HO i 250.000) (99 188 99 245) 4 S/4 r 15/9 80 (250.000) (99 458 99 58S) .V* T K 1 5 83 (250.000)(100 108 100 20S) 5 3 J'< T F 15 6 81-81 (250.000) (102 30S) s** 13/11/84 (250.000) (*****8 100168 words
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Article158 1979-01-25 10 SINGAPORE 1 NIT TR18T INCOME BOND 1 NIT (HUmihi 1 price far Jan iH) (Carnal pri Ma) The Commerce 222 2 36 Income Bond 1 12 1.18 The Saving Fund 138 146 S pore Pros Fund 0 98 103 S pore Sec Fund 1.T9 1.90 S pore Invest158 words
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Article2627 1979-01-25 10 Gr'a Gr'a Net 1978/79 Last Div Div YTd P/E Vol Day Hick Low Company Sale or- C*»r (•000) High Low SECTION ONE INDUSTRIALS 272 132 Ac ma 213 -I 12. ON 13 5.6 23.1 3 214 213 190' 123* Alcom 185 100 2 2 54 13.7 1782,627 words
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Article1849 1979-01-25 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 lots of 1,000 units unless otherwise specified INDUSTRIAL* Aj.nomoto (2 6381 Alcom <1 <j3B 2 DOS). A Chit II1,849 words
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Article, Illustration484 1979-01-25 10 METRO HOLDINGS «ii highlighted la balllsli tradiag la a geaerally erratic, aad at time* volatile, market at the Stork Exrhaage of Singapore yesterday. The share hit aa alltime Ugh sf 54.» folio* lag the a——wd by the eompaay that It had heea484 words
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629 1979-01-25 10 SHARE PRICES were sought to slightly better levels for the third consecutive day on the Kuala Lumpur stock market yesterday. Trading was however erratic. Opening prices were dealt on a slightly easier note. Apparently, the past two days of fair gains had prompted some nervous629 words
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Article93 1979-01-25 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. hat P E (March 11.45) (0.468 O.MS) He*fc Mp (March 11.25) (0.308 0 40S).93 words
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COMPANY NEWS
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1053 1979-01-25 11 SUSAN BEVAN - By SUSAN BEVAN TWO MAJOR tin companies which announced their interim results recently come under scrutiny in a recent issue of the "Far East Weekly. News," issued by stockbrokers Laurence, Prust and Company. Reviewing the performance of SMtfeeni Kioto CmMlidaied (SKC) and Berjutal,1,053 words
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Article114 1979-01-25 11 Naayaag Press Singapore (1975) Lid: AGM to be held at 307, Alexandra Road, Singapore 3, at 10.00 am tomorrow. Wearae Brothers Lid: AGM to be held at Raffles Hotel, Beach Road, Singapore at 11.00 am tomorrow. Dad Development BM: AGM to be held at La dang Pinji, Lahat,114 words
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Article, Illustration776 1979-01-25 11 ARTHUR NG - By ARTHUR NG THE largest bank in this region Malayan Banking looks poised to show consistently good double digit growth for the forseeable future. The market which concurred with this view, re-rated the shares substantially following last September's severe correction which took the776 words
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Article342 1979-01-25 11 Current Ex Booka Date Total for Total for Payment Date Close Payable tke year Previous year UM Flour 20*<b) Dec 28 Jan 10 Jan 25 20* 20* Nuyiif Preii 8* Dec 28 Jan 3 Jan 27 8* L td Mai 8*1 Jan 8 Jan 18 Jan 27 8*342 words
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Article109 1979-01-25 11 Company Particular* Ex Date Book* Close Rahman Hydraulic Bonus Issue of 1 for 2 Jan 10 Jan 28 CAC Bonus Issue of 1 for 2 Feb 2 Feb IS MBS Rights Issue of l for 2 4 $2.00 per share Feb 7 Feb IB STP (1975) Bonus Issue109 words
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Article, Illustration782 1979-01-25 11 BUMPY ROAD AHEAD FOR C C STOCKBROKERS Laurence, Prust and Company estimate that profit before tax of Mercedes famed Cycle and Carriage will fall some 13.5 per cent to about $52 million for the current financial year. Chairman of the group, Mr Chua Boon Peng, said in the latest annual782 words
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232 1979-01-25 11 by HOCK LOCK SIEW THE aeetor It n« Mag signiflcaatiy re-rated ea the market wtth prices •I all the maj*r hub iaereastag by II per eeat ar mere. Aad the latest remits ef Malayaa Baakiag seem U jasttfy saeh a reappraisal. Its half time prefitby HOCK LOCK SIEW - 232 words
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Article136 1979-01-25 11 to ask if the one-for-five bonus issue made by Pegi Malaysia Bhd has finally been issued. A quick check with the brokers indicated that the majority of shareholders have already received the bonus scrip. Possibly, there has been an inadvertent delay somewhere and he should136 words
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Article103 1979-01-25 11 has purchased 749,000 shares of $1 each fully paid in Khong Guan Flour Milling at $1.65 per share from the following subsidiaries Swee Hin Chan Company (20,000), Borneo Biscuit Factory (140,000), Khong Guan Biscuit Factory (50,000) and Khian Guan Biscuit Manufacturing (539,000). The holding company thus103 words
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Article66 1979-01-25 11 has disclosed the sale of 3,000 UOB shares by Mr Peng Hsien Tsan, a director of one of its subsidiaries in Hongkong. The statement is made in accordance with Rule 31 of the Code on Takeovers and Mergers which pertains to the disclosure of dealings in shares66 words
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Article214 1979-01-25 11 is now on to gain a piece of the action in Metro Holdings. Cynicism that was once foremost on everybody's mind on how Metro will be able to finance the project seems to have evaporated. The strong demand, coupled with the fact that the 15 million214 words
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Article307 1979-01-25 11 as it has in the last few days, few investors have placed much attention on market leader Sime Darky. After all, Sime lit the spark which started the latest attempt by the market to blaze a trail to get closer to the 390 or 400307 words
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Page 11 Advertisements
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Advertisement116 1979-01-25 11 -k n I QUALIFICATION? a* *> a WOLSEY HALL OXFORD MM E FOULKS LYNCH LONDON 3 w?S s 3 Mmf I $22? to n T 3 s» "Mt V* WWLIU LAHQWd TODAY The Registrar. Federal Publications Home Studies Division, Suite 1307, 13th floor. International Plaza. Anson Road. S'pore 2. Tel:116 words
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618 1979-01-25 12 AFP. MILITARY authorities sealed off Teheran's international airport with tanks early yesterday and closed it to all flights two days before the Ayatollah Ruhollah Khomeini was due to make a triumphant return to Iran. Airlines operating out of the airport were informedAFP. - 618 words
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Article523 1979-01-25 12 AFP, Reuter A LEADING Indonesian Member of Parliament yesterday warned the Indonesian government that the harder its measures were in dealing with the aftermath of the rupiah devaluation, the duller the country's economy would be. Dr. Rachmat Muljomiseno of the Parliamentary Commission for TradeAFP,; Reuter - 523 words
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Article201 1979-01-25 12 UPI CHINESE TROOPS may invade Vietnam just before Senior Vicepremier Teng Hsiao-ping departs for Washington on Jan. 28 for talks with US government leaders, a Tokyo newspaper said yesterday. The Yominrl Shim ban said in a front page report that information on the possibility of China'sUPI - 201 words
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Article743 1979-01-25 12 LONDON, Wed. South African mining shares rose on speculation that the De Kock commision report will recommend a revaluation of the rand, and with Johannesburg closed today and tomorrow trading volume was relatively higher, dealers said. Domestic issues, however, were generally lower with no improvement in the gloomy743 words
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Article, Illustration552 1979-01-25 12 Reuter KHMER Rouge units loyal to Prime Minister Pol Pot are making small-scale attacks in areas of Kampuchea where Vietnamese-led garrisons are weakest, diplomatic sources in Bangkok said yesterday. They said the loyalist tactic appeared to be aimed at inflicting maximum damage at minimum costReuter; AP picture - 552 words
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343 1979-01-25 12 UPI CHINA, in another attempt to speed up fuel production, has proposed that Japan and the United States join in a US$l billion (Ss2.l billion) project to develop the Sinkiang oil fields believed to have more crude than other wells now in operation.UPI - 343 words
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269 1979-01-25 12 Reuter AUSTRALIA has been accused of showing "diplomatic discourtesy" to Asean in pushing through a controversial air fares policy which Asean members believe is detrimental to their airlines. Quoting Philippines Foreign Ministry officials under a front-page banner headline "Australia hit for cheating Asean", Manila's EveningReuter - 269 words
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118 1979-01-25 12 UPI. SOUTH KOREAN authorities yesterday were seriously studying North Korea's latest peace proposals, but communist affairs experts said the Pyongyang gesture includes nothing new and falls short of expectations. "They (the North Koreans) are using tricks in making the proposals. It includes nothing newUPI. - 118 words
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385 1979-01-25 12 THE LONG-SIMMERING crisis in Prime Minister Morarji Desai's ruling Janata Party ended yesterday when dissident leader Charan Singh was brought back into Desai's cabinet as Deputy Prime Minister and Minister of Finance. Defense Minister Jagjivan Ram, a powerful party figure and the385 words
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Page 12 Advertisements
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Advertisement395 1979-01-25 12 SANDYiAWKES KILLING TIME by Sandy Fawkes Sandy Fawkes felt like screaming inside. The man she'd spent six days and nights with "a cross between Robert Redford and Ryan O'Neal" had just been revealed as a mass murderer. rapist and a pervert. Sandy lived to tell her story because the killer395 words
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Page 12 Miscellaneous
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Miscellaneous60 1979-01-25 12 msmmm Outlook for Singapore from 6 a.m. to noon today: Isolated passing shower. Report for 24 hours prior to 7.St p.m. on Ju 24 at the airport: Maximum temperature 31.6 Associated humidity 60 Minimum temperature 24.2 Associated humidity 92 Hours of sunshine 9.85 Rainfall in millimetres nil Total rainfall for60 words
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SHIPPING TIMES
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PORTSIDES
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Article103 1979-01-25 13 Reuter WORLD shipping losses in 1978, marked by the mysterious sinking of the West German ship Munchen and the wreck and oil spill of the supertanker Amoco Cadiz, set a record for tonnes lost in,-a peacetime year, the Institute of London Underwriters said in its annual reportReuter - 103 words
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Article64 1979-01-25 13 A SEMINAR on tanker safety and pollution prevention organised by the Inter-Governmental Maritime Organisation (IMCO) will be held in TOftyo from Feb 19 to 23. -"Sponsored by the Japan Shipbuilding Industry foundation, the seminar is for maritime administrators of the Asia-Pacific governments. Participation from classification societies, shipowners,64 words
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Article82 1979-01-25 13 FT THE BRITISH Trafalgar House, which owns the Cunnard shipping group has annouced that it is studying the possibility of converting two refrigerated cargo ships into 800-berth passenger liners at an estimated cost of £50 million (Ss2lo million). Trafalgar believes that there is sufficient passenger traffic to justifyFT - 82 words
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477 1979-01-25 13 GOH ENG KEE - GOOD TRADE TIES By GOH ENG KEE ALTHOUGH China is currently modernising its fleet, it is reasonable to predict that China will continue to employ Singapore-owned ships. According to Mr. S.T. Thio, managing director of Sin Chiao Shipping, "this is because of her477 words
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Article200 1979-01-25 13 UPI NORTH AtUatte rate ml—, prevtoasly flaed to media m sad large rise talkers, begaa to spread late the tower siae r»ages dae to a perstoteat lack si grala ehartertag. The weak tread eeaM he aeea qalte clearly la the aeeeptaaee at U5514.75 (StttJd) (FIO) by the AiheaUPI - 200 words
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579 1979-01-25 13 NYT THE WEST German government has unveiled a plan to increase aid to shipbuilders, thus reinforcing the position of shipbuilding as one of the most heavily subsidised business sectors of the world economy. The three-year aid package, valued at US$54B million (Ssl.2 billion), includesNYT - 579 words
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4159 1979-01-25 17 MHEMHE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of4,159 words
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Article130 1979-01-25 17 The major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. •K' Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line ANRO (STRAITS/AUSTRALIA): Australian National Line Australia/Straits Container Line NedUoyd Lines Neptune Orient Lines J130 words
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Article550 1979-01-25 17 Shipping Lin? Page Shlpptag UK Page Cal ACS n 5 Lord Stm IV 3 Afea IV 3 Lu n 2 Aguila IV 2 Lucky Line V 4 4 Alpac IV 5 Lykes in 5 Angkutan IV 3 ANL i I Maersk i 4/5 J APL m 2 Maldive V550 words
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Article1050 1979-01-25 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 the1,050 words
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Article895 1979-01-25 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. Alpac Line—lntrasea.895 words
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Article1140 1979-01-25 18 FAR EAST FREIGHTS BUSINESS is improving. There is an increasing interest in vessels from 3.000 to 10,000 dwt for time-charter as well as purchase. Freight rates are steady. Scrapping prices are stable wtih a 200.000 dwt tanker. Obtaining US$lO5 (SS23I) at Taiwan, many products are being1,140 words
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Article206 1979-01-25 18 Reuter. PHILIPPINE Trade Minister Troadio Quiazon has asked the Philippines-North America Shipping Conference (PNAC) to withdraw a planned currency surcharge of 10 per cent it intends to impose on export cargoes to the US from Feb 25. Mr Quiazon, chairman of the Philippine Shippers' Council, described theReuter. - 206 words
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Article, Illustration348 1979-01-25 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Auby (1700 after Lumut) 21 West Barge S 51 (0800) 16 Dong Bee (2300 after Golden Season) 45 Golden Wonder (1500 24 Hoegh Opal (1700 after Clara Maersk) 6'7 King Tower (0600) 23 Tapah (1300 after Lumut) 21 East Tutong (0600 after348 words
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Page 13 Advertisements
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Advertisement358 1979-01-25 13 AFEA LINE See Page IV Column 3 for sailings flc^nts Sineuore Shipping Agencies Pte ltd 9111?? Gmrjl 1111 A M sia' Euro fou line Sdn Bhd m I P «NC ***** 3 Pf IWNG «;>:? IA KI) I\ 1 kiiviiJ 11 Orient Overseas e FULLY COWTAMOSG) SERVICE TO EUROPE (VIA358 words
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Advertisement220 1979-01-25 13 SEALORD ANTAH UASC UNITED ARAB SHIPPING CO (SAG) All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability. ■ARABIAN GULF WEEKLY SERVICE) S pore Loading for 30/1 Kuwait (10/2) (29/3), Dubai (1/4) 27/2 Dubai (10/3), Abu Dhabi (13/3). Doha (16/3), Bahrain (19/3), Dammam (22/3), Kuwait (25/3),220 words
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Advertisement320 1979-01-25 13 o NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES. FAR-EAST/EUROPE laHiiKur.); iFsloare Hawe Rdifli Hb«r| Brem IS FA 11 f* 12 Fet 14 fat 15 f*» 25 fat 21 Fat 22 Fat 24 Fat 25 Fat SMa 5 Mat (Ma IM> SMa IS Ma 11 Ite 12 Mar 14 Mar IS320 words
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Advertisement797 1979-01-25 13 HONG KONG ISLANDS LINE See Page IV Column 3 for sailings Agents Singapore Shipping Agencies Pte ltd Mjftffaf Geoff*! *****1 A M sia turo Asia line Sdn Bhd m 4?%47» t> RUNG 3mo 3 PfN»NG M T B!2 B23SS iMTITVITTTI FOR East Am (Hongkong topM (Tokyo Koto i Atftung KaottSNMfi797 words
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Page 14 Advertisements
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Advertisement778 1979-01-25 14 >^'>^"^^ l > d FULLY CONTMOBED TO EUMK C*y oi Edrtivgk roU Eipress Osaka Bay Ebe Mara Benavon Liverpool Bay Thames Maru KowMon Bay 6 4 2 4 EXPRESS CONVENTIONAL TO EUMK Spore PKdang Pen Kit Genu HW| Bremen Rdam Antwerp PaMRs 31 1 2 2 4 2 I 26778 words
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Advertisement334 1979-01-25 14 :!Hk borber blue sea FIOK US ATLANTIC US GUIS A EAST CAMM Nnt Arm* "TACArTAf" feb To: US ATLANTIC US GULF I Neit loafer "TOMER" 3-4/Fito To: CANADA/USA Pacific Cm *S»to*a|l S* i (EAC) 2/7 Feb 27/ Ma 1»-20/2 21 24/2 i 25-24/1 I Mm) 12-13/3 I 19-20/3 IMI/3 23-24/3334 words
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Advertisement677 1979-01-25 14 EVERGREEN LINE 'EVERGREEN MARINE CORPORATION' FAR EAST/RED SEA, MEDITERRANEAN SEAII EXPRESS FULL CONTAMER SERVICE L—ALSO ACCEPTING CARGO FOR GENOA. LATTAMA. BERUT ALEXANDRIA. BENGHAZI. TRIPOLI (LIBYA) S'pre 'MM ftrtSatf Lauual Ltftam Fn MaraAri Ivcttoa EraHapt 31 i» 12 F* 1( FA l»f«e 23 FA 24 FA K Fab Caaittastai (FA I>FA677 words
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Advertisement1073 1979-01-25 14 Everett Lines] 1 rmstmsnwnu MTOKYM Burn* Five Star SktpfM| Corpn. "BURMESE NATIONAL LINE" lONMC FOR UHGOOH s™BIF SS c Agents *> Molayvo TEPS MALAYSIA Port Keking Tel (38>-7355 Penong Tel *****/***** Nmfacin lm«rt»mio»m«l S. A. C.I.F. i 'ARGENTINE NATIONAL LINE" j Swgapert t Kclan( PtW| PATAGOMA MGCNTM 7/W Feb 11/121,073 words
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Advertisement621 1979-01-25 14 A A A A A A A A mO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSF shenton way mistri road Singapore 2 TFL *****44 7& *****70 131 SANKYO LINE AUSTRALIA SERVICE P. Ketone Single load* tar. In Port K/2«J» BROOME FREM TO MMI 1/ 2621 words
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Page 15 Advertisements
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Advertisement687 1979-01-25 15 OCL Overseas Containers Limited cowtawershp aw to ur/cowtmwt Tkaan Mm AMaaai Icy CONTUOSHT SOtWCE FROM UK/CONTMENT: SHGAPORE MM6FILD CONTMO SERVICES. PTE LTD 43(061 K LUMPUR CONTMO MENCIS *****4 PKELANG *****6/8 PfNANG GUTHHE BOUSTEAD SMTPMG AGENCES *****1/3 Ift SCL Australia Straits Container Line (4 MEMBER OF TIC ANRO CONSORTIA) RO-RO CONTAWERSHP687 words
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Advertisement950 1979-01-25 15 GRANARD LINE RELIABLE ft DEPENDABLE NON-CONFERENCE EXPRESS SERVICE NEST BOUND-FAR EAST/MEDITERRANEAN S parc P Keiane hAW Luiiini Jar MV KNONGFUNGV23N S Feb I Feb Jettati PSard Atauaßna/laKatoa MV MM I*l V22N 22 Fib 24 Frit 2C frt Dtfmiti taMati P Sod AWnandna Beirut'Lattafcia Pireaus Iripoli Bengftaji Ktxibii MVMANANV24N 17 Mai950 words
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Advertisement746 1979-01-25 15 BEN LINE CONTAINERS BWfSS CONTMCR SOWS TO/FROM EUROPE HBURG 8 HAY? N R DAM HAVRt SCION TO WW SpOfe P Mang »f Germany Austria Antwerp France Al UK um Mm 2J/i nn an zz/i 23/2 h/2 \tn Ml«ltMr* 7/1 t/2 1/3 1/1 4/1 7J $2 TMaaE«rm U/? IS/2 J/1 11/3746 words
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Advertisement704 1979-01-25 15 Scan Dutch V EXPRESS CONTAINER SERVICE VIA SUEZ w«i: 11; M; few; i»i i; FVI EASTBOUND FROM MED/UK. WT.lli: i mumz MI: m n 1) Ck«| tfkwi 3) Im 4) Wtm S) LcNt) M seines PMw Sort KD.Ktfl UM UM S*d MM SaM 1/2 34/1 SUMM Mrf SaM SjM 2J/1704 words
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Advertisement738 1979-01-25 15 GUTHRIE BOUSTEAD ISe™ THE BANK LINE LTD. LOADS FOR E t S AFRICA A «niO (Mawitos Rcvnon Durban lift FROM FAST t SOUTH AFRICA Snore 23 20 Frt P ketang 27 fet> 2 Ma. FOR BANGKOK MAMLA Penang P keiang 211 Frt S pore l/U Frt Penang f Kcun||4/ll Feb738 words
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Advertisement1025 1979-01-25 16 k< > K line KAWASAKI KISEN KAISHA. LTD. TO EUROPE S pore P Kelarw 1 Havre I) dam ItPTIW CORAI UN C PAUL 14* MffARL 13M C *02 im Hl* EXPRESS iff Sato MPwl J Feb 5 Fefe IS Fife 17 Fife 21 Ftfe 22 Fife 27 Fefe 21 Ft*1,025 words
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Advertisement887 1979-01-25 16 U.S.A./EAST CANADA SERVICE ACC&IMS FCt/LCL CONTMOS FMM PENANG. P. KELANG. STORE Ltadtag tar NEK TOM. NOV OH Penang Betawar P Keiang Smgapore -a wssa (Mtu-n sa) 1/ turn H/a fa m/kfa 21/21 fa E.C./GREAT LAKES SERVICE Im*« tar NOV OIK. HEN TOM. MONTREAL TOMNTO. ASHTABULA DETROIT. CMC *60 Penang Betanan887 words
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Advertisement860 1979-01-25 16 :r S S A C»roup SINGAPORE SHIPPING AGENCIES PTE LTD '"'cOL" HuaOtNO S V,,AP(J«E '.•A:-. I' i i.M', GENERAL i~ s'• i '4iM Kf» »S'.- TAB AKSHiFM.ABLE CARGOSH /g, SISiiAPORH iSl..4.\t)S SENANG BLAND BRAN SLAW MIDDLE EAST REGULAR LINER A SAFE WAY TO SHIP BY SSA 2J/I FA M 4/12860 words
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Advertisement486 1979-01-25 16 MALAYSIA* INTtPNATIONAL SHIPPING CORPORATION BfRHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BOUWD: fwder *P Kelang Vessel Spore 1) Mserflrs 2) Rdam 3) Mburg 4) Gtwif ELEANOM SMM KOMiIGAN 2«/"l 12/2 18/2 20/2 22/2 FRANCESCA 27/1 NED HOUIMAN 4/2 20/2 25/2 27/2 1/3 FRANCESCA 4/2 UILANEM 42/2 27/2 4/3 6/3486 words
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Advertisement730 1979-01-25 16 f INTRASEA (PTE) LTD. F aber House 234E Orchard RoaC Singapore 9 Telephone 1 *****5 7 REGULAR RCEPENDEOT SEMI FULL COOT JUNE* SERVICE TO EUROPE S pe>» P Hit** kM Safcd Im*| tar 14 /ton A* B "W T'AwHankwi tTWg< <pw iw 23s»ii nans tami ffo a r a nam730 words
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Advertisement101 1979-01-25 17 SHIPPING KARLANDER (AUSTRALIA) PTY. LTD. Indcp«wd«rt refuUr container itfnee from East Austraian ports Mr*> Srdne? Sparc P neurit rWMWRVft 31/ IFA 2 3frt 22 ljß >» 20/21 ftb 22/23 ftb DMMONOSrttv37llfrt 22 ftb 20/21 N. 22/23 Mar KTOTfM MMU *31 14 U» II M» 12/13 Apr 14/15 Hj* Afents: Seaport101 words
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Advertisement157 1979-01-25 17 LIAN HUAT SHIPPING CO,(PTE.) LTD MTCMMIKMM. fi*» I3FNFKXW sure 13I» I 3« STOK?mS *****11 2202W1 EIA ETD OCSTMATIOM Mian 31 lax BApjpjnSwucndj Hwijmaun I 27 tan 31 tan fjtam6M(/fto<|U I 1 2? ton 31 ton Ptnbjru* 15 Feb 20 Feb Bombar Umm Sad/Bavab iHea.y LiH 120 tm) II ftb 22157 words
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