The Business Times, 16 February 1979
1979-02-16
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The Business Times
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Title Section10 1979-02-16 1 BUSINESS TIMES M.C.(P) No. IM/1/79 FRIDAY FEBRUARY II,1S7» 50 CENTS10 words
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BRIEFLY...
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Article57 1979-02-16 1 THE Singapore-born chief of Guthrie Corporation (Guthrie), Sir Eric Griffith-Jones, died in Surrey, England, on Tuesday after a short illness. He was 66. Sir Eric, born in Singapore in 1913, was the son of a former municipal commissioner, Mr. O. P. Griffith-Jones. He leaves behind his wife,57 words
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Article51 1979-02-16 1 Reuter HONGKONG, Thurs. A top-level delegation from Singapore's Housing and Development Board began a three-day .goodwill study visit here today. A Hongkong government spokesman said the 11-member delegation led by board chairman Michael Fam will see a wide range of housing estates and construction projects here.Reuter - 51 words
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Article57 1979-02-16 1 AFP HONGKONG, Thurs. Vietnam today disclosed that it had strengthened its air defences in the Hanoi region as tension continues to rise along its border with China. A Foreign Ministry memorandum published by the Vietnamese News Agency (VNA) accused China of making 230 armed encroachments into VietnamAFP - 57 words
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Article74 1979-02-16 1 Reuter TOKYO, Thurs. A group of Japanese companies planning to build a liquified natural gas (LNG) plant in the Kangan district of south Iran has postponed the project because of instability in the country. Mr Hedeoyoshi Shirai, vice-president of Tohoku Electric Power Co, said this willReuter - 74 words
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Article60 1979-02-16 1 Reuter JAKARTA, Thurs. A number of Western countries including the United States have agreed to using a remote, uninhabited island as a temporary transit camp for Vietnamese refugees. A senior Indonesian official, General Yoga Sugama, chief of the state intelligence agency, said the countries, which he didReuter - 60 words
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Article78 1979-02-16 1 AFP JAKARTA, Thurs. The spirit of Asean should have prompted Singapore to ban its companies from buying tin ore smuggled from Indonesia, Malaysia, and Thailand, Antara News Agency reported today. In a report from Singapore, Antara said Indonesia should export its tin ore to Singapore onAFP - 78 words
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Article16 1979-02-16 1 HONGKONG, Thurs. Loas has recognised the Iranian government of Prime Minister Medhi Bazargan.16 words
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Article90 1979-02-16 1 AP NEW YORK, Thurs. The stock market retreated on worries over higher oil prices and the turmoil in Iran. At 10:30 a.m., the Dow Jones average of 30 industrials was off 3.38 at 826.40. Losers led gainers by about 2-1 among New York Stock Exchange-listed issues. The FederalAP - 90 words
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Chief Price Changes
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Article137 1979-02-16 1 Rises Most Active Shangri-La SS5 45 Tronoh Mines 730 20 S Darby 220,000 B Sembawang 265 20 H Par 219.000 Nat Iron 645 10 (JOB 158,000 126,000 Oriental Hldgs Keck Seng 610 200 10 10 Consplant Esso 406 8 Total Turnover 2.56m N B T 180 8 Total Value137 words
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Article, Illustration137 1979-02-16 1 Rises Most Active Bt Semb A Amal Tongkah Mai Tin M Banking M U Ind Dunlop Est Consplant K Kampar 272 525 320 1310 640 232 392 186 306 23 15 W 10 10 08 08 +06 06 Consplant 261.000 S Darby 193,000 H Par 189.000 UOB 115.000137 words
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Article858 1979-02-16 1 FONG MEW LENG - EDB'S 1979 TARGET By FONG MEW LENG SINGAPORE hopes to attract up to $160 million worth of new investments from the European countries this year. This is a cautious projection when compared with the Republic's performance in securing investment from that region last year. When858 words
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Article117 1979-02-16 1 MALAYSIAN Airline System (MAS) domestic flights and services to Singapore resumed yesterday after a wage dispute with 7,000 employees led to suspension of all flights on Tuesday. International flights to Tokyo. Taipeh, Hongkong, Bangkok. London, Sydney and other points will resume later. Communications Minister V. Manickavasagam said the117 words
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656 1979-02-16 1 QUEK PECK LIM - Third World our markets tomorrow By QUEK PECK LIM THE latest statistics on Singapore's external trade confirm that Singapore's future export markets will increasingly be the developing economies of the world. According to figures in a just released table on Singapore's external trade in 1978, Singapore's trading partners continue to656 words
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256 1979-02-16 1 MR LiM Km Mlag, a Teaehew, was yesterday elected prrrifral mt ike 49th aumsgfimiiaf Committee at the Chamber. Be —ceeeds milttoaalre taker, Mr Wee Che Yaw, wheee twa-year term will expire ea March It. The Hafckteaa, after demiaatlag the Biagap*reCWaeee Chamber e(256 words
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511 1979-02-16 1 Reuter, NYT Opec headquarters yesterday denied reports that the organisation is planning a special ministerial conference to discuss oil prices and the slow-down in supplies from Iran. Hamid Zaheri, spokesman for Opec, said the Vienna-based secretariat had no information tOk confirm that suchReuter,; NYT - 511 words
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Page 1 Advertisements
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Advertisement6 1979-02-16 1 COPIES ANYTHING. FITS ON A TftBLE-TOP.!6 words
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Advertisement139 1979-02-16 1 ACBC Your key to International Trai •'Y\ -A Of* tn S RrifiiV^ If your business s imDort/export ano the world is your market,, you ii need the services of a balk with the interna tional capability to handle your business dealings efficiently anci wifb j minimum of fuss. A: A'139 words
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Advertisement34 1979-02-16 1 I SHIPPING TIMES BeA still active here JAPANESE nhe—iral j for EUMrtJLAN Gvtluie elt> Mia Vletaaan DUN rcMuniag fU nlea? MEMOPAO t, CROSSWORDS S, AIRCI STRAWS IN THE WIND 7, I> i. Il F34 words
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Advertisement120 1979-02-16 1 AKAI k DT 750 T 1200 Proof: Independent consumer studies in the United States rate Ricoh's total performance consistently high. In the area of reliability it has been rated the highest over ail copiers in its class Ricoh places more copiers than any company in the world. A success we120 words
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TRADE AND INDUSTRY
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Article, Illustration563 1979-02-16 2 GOH ENG KEE - By GOH ENG KEE CONTRARY to general opinion arising from the transfer of its regional headquarters from Singapore to Manila at the beginning of the month, the Bank of America (BOA) is actively assisting foreign investment in the Republic. Speaking at the launching563 words
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Article106 1979-02-16 2 THE DIRECTOR of Wang Computers, Mr Charles Farrell, will arrive here tomorrow for a three-day visit. He will be here to ascertain if there are any special Asian requirements for the company's processors, which have sold very well in Singapore and Hongkong. The company is overwhelmed by106 words
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Article117 1979-02-16 2 THE World Trade Centre will have three new tenants by the middle of the year. They are the Department of Trade and the Marine Department, which will be operating from the centre from March 1, and the Economic Development Board, which is expected to move in by117 words
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Article80 1979-02-16 2 PROFESSOR Geoffrey Broadbent, head of the School of Architecture, Portsmouth Polytechnic (UK), will be giving two lectures at the Kent Ridge campus. The first lecture will be held today, and is entitled The Present State of Design Method Studies. The second lecture, on Feb 23, will80 words
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Article57 1979-02-16 2 COMPA International will be holding two seminars at the Apollo Hotel in April. The first, from April 10-12 is entitled, Foundations: Design in Reinforced Concrete. The second seminar, Design of Concrete Bridges up to BS 5,400, will be held from April 17-19. Both seminars will feature teach-in speakers57 words
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Article, Illustration103 1979-02-16 2 PILING for the 75t-room Shangri-La Hongkong, a sister hotel of the Shangri-La Hotel here, Is now In progress and Is expected to he completed next month. The hotel, scheduled to open for business in December next year, is sited on the main seafront avenoe of Tsimshatsui, Kowloon, and103 words
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377 1979-02-16 2 FOO CHOY PENG - By FOO CHOY PENG A JAPANESE chemical manufacturer will set up its fifth overseas operations in Singapore to manufacture advanced pharmaceutical intermediates. Kanegafuchi Chemical Industry has submitted construction plans for its $10million wholly-owned subsidiary, Kaneka Singapore, to the government. Work on the 15,000 sq m377 words
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Article126 1979-02-16 2 THOUSANDS of Australian and British travellers are booking up to a year ahead to take advantage of the new low fares offered by British Airways and Qantas. The new fare structure took effect two weeks ago and more than 130,000 seats have already been sold by the126 words
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Article144 1979-02-16 2 TAIWAN'S national carrier, China Airlines, is looking for a new home in Singapore for its weary flight crews. The company is on the look out for an 80-room hostel somewhere in the East Coast Road Katong Mountbatten area. The cost is negotiable. The airline,144 words
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Article211 1979-02-16 2 THE ASEAN Mercedes-Benz Distributors' CIub(AMBDC), which is believed to be the first such club, will meet for the second time next month. The AMBDC, which was inaugurated in April last year, had its first meeting in Bali. It'was set up with the objective of fostering understanding,211 words
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Article30 1979-02-16 2 THE Telecommunications Authority of Singapore will extend its international dialing service (IDD) to Macao from tomorrow. With this, TAS will have IDD service to 36 countries.30 words
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Article456 1979-02-16 2 COURSES AND TALKS Jan 3-Feb 21: Statistics for Insurance Employees, SITC, SITC Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC Feb 17: Vosper Pte Ltd training course, RELC, Vosper Feb 14-28: ILO training course, RELC, Ministry of Labour Feb 15-16: Critical path analysis and project management, Ming456 words
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Page 2 Advertisements
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Advertisement142 1979-02-16 2 There's a new name in town... with a touch of class GRAFTED itkmuki: rn: i:n> Showroom: 12, Oxley Road. Singapore 9. Tel: *****37 PRESENTING A PROFILE ON THE NEW EUROPEAN SUCCESS STORY THE FORD GRANADA 2.8 GHIA The storv of the h• >• >i Cir.v.i 2 s ih'rl IS tfh"142 words
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REGIONAL
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240 1979-02-16 3 AFP LEADING ladeaeslaa columnist Booths a Anwar yesterday openly waned that aa awakening of Islam will {ake place la I ndonesia same day tike what Is happeaiag aaw la Iraa. Ia aa article pa Wished by the iaflaeatfal Jakarta newspaper, Kam pas, Mr. AsAFP - 240 words
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Article161 1979-02-16 3 Reuter SUBSIDIARIES of Standard Oil Co of California and Texaco Inc signed an agreement to explore for oil in the Jambi province of south; ern Sumatra, Indonesia! Standard Oil said. The two companies will be production sharing contractors in a joint venture with Pertamina, the Indonesian stateReuter - 161 words
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Article501 1979-02-16 3 Reuter THE long-awaited upturn in Japanese consumer spending has finally come with sales of clothing there well ahead of last year. The Australian Wool Corp (AWC) said in a review of the textile demand situation in its January Monthly Perspective that with conscious efforts toReuter - 501 words
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Article414 1979-02-16 3 INDUSTRIAL production in Peninsular Malaysia recovered last July, showing all round improvements, after the 4 per cent decline of the previous month. The overall industrial production index at 239.7 in July was an increase of 5.7 per cent over June, The index, base 1968, covers manufacturing,414 words
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Article133 1979-02-16 3 KHMER Rouge troops loyal to ousted. Kampuchean Prime Minister Pol Pot yesterday claimed to have killed 7W. Vietnamese soldiers in three days of fighting ending last Monday. The Khmer Rouge radio, monitored in. Bangkok, indicated that th£ loqyalist forces were winning their biggest successes in the northwest133 words
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500 1979-02-16 3 PRODUCTION in some electronic factories in Penang's free trade zone has been hit by the suspension of Malaysian Airline System's flights. The materials manager of an electronics factory in Bayan Lepas said the cancellation of the flights has affected the factory's production "but500 words
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183 1979-02-16 3 "THE 1979 outlook for the world steel industry is promising," Mr Sabure Tanabe, Vice-President of Nippon Steel Corp said yesterday. Giving the keynote address at the first Australian Mining Symposium organised by the Australian Mining Industry Council, Mr Tana be said the increase in world demand183 words
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493 1979-02-16 3 SOPHISTICATED EQUIPMENT HARD on the wheels of Sime Darby's announcement of a bus and truck assembly venture in China, Kumpulan Guthrie disclosed that it had won the first major rubber technology-based contract from the Hanoi government. The $2 million contract involves supplying Vietnam with493 words
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Page 3 Advertisements
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Advertisement131 1979-02-16 3 Vmll know us by our curves R mt* m (R\iri;i) n RMTI K1 I'll IJ|» Showroom: 12. Oxley Road. Singapore 9. Tel: 2 )73 f a, «>" 3 ■''}>:' IkMsM <n w d m mi v--I*l V y ft it ■> 4 K > < :> 9, <* 'tUifl mm'ili131 words
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Page 3 Miscellaneous
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Miscellaneous663 1979-02-16 3 CRYPTIC PUZZLE ACROSS 4 A little one with good taste <6> 7 Bad cloth, perhaps, that will never keep you warm! (4.4)8 Swindle excessively? (6) 10 Having to resow madly is not so good! (5) 13 It's black in the cellar (4) 14 Bound to make a plea (4) .15663 words
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RAW MATERIALS
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788 1979-02-16 4 NYT. THE dramatic advances in prices of metals futures last week did far more than carry gold, silver, platinum and copper to record levels. It also exerted powerful upward pressures on all basic commodity prices. This linkage between precious metals and copper futures andNYT. - 788 words
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Article218 1979-02-16 4 OPENING prices in Singapore yesterday were marked down 1.25 cents following weaker London advices and .another half cent was lost before first business was transacted, but the market later recovered about a cent following reports of fair-size Indian and East European orders for a variety of sheet grades and218 words
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Article391 1979-02-16 4 Prices in cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 241 00 242.00N Inl 1 R.S.S. March 242.00 242 SO Int. 1 R.S.S. April 243.00 243.50 Int. 2 R.S.S. 238.25 239 25N UK Cont. 237.25 238.25N Int. 3 R.S.S. 235.25 236.25N UK391 words
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Article129 1979-02-16 4 NOON SSH and SMR pnm •ataeriav HAS Atl' March Jftr A^HI <C« rreal Mtk) (F«r H SSR Jb 11 Ian pallet 1 Buyer* Sellers 238 00 2.T8 00N »•>« 137.00 IT* Sailer. 239.00N SSR .ill 11 Ion pallet 1 2X100 23&OON 234 00 236 00N MRELB SMK129 words
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Article70 1979-02-16 4 CJ.F. North European ports. In US dollars per ton unless otherwise stated LONDON: Wed Previous Malaysian s*ffa bulk per tonne April unch *****r Sumatra (la bulk February 715pd *****r March 696/705pd 710slr April 080/082 1 1 pd 680pd May «97'<pd 680-665pd June 672'ipd 665 pd J U ly70 words
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Article358 1979-02-16 4 ALL-WAS quiet a* the Singapore produce market yesterday. Prices finished mixed in very light trading. Overseas buying remained generally lacking. Pepper prices tended lower in the -abaeaoe of overseas demand and the anticipation of fresh crops from nearby origins. Dealers believe that until the Malabar crop is exhausted358 words
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Article192 1979-02-16 4 CHICAGO soybean futures on Wednesday exploded upward near the close at one point scoring a limit move in the may contract to close sharply higher. Prices settled up 29 to 101/4 cents a bushel. Futures were driven higher on heavy buyiag by commercials, commission houses and locals, triggered by192 words
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Article101 1979-02-16 4 SOARING prices in Chicago Board of Trade silver and soybean complex futures managed to pull wheat futures into the plus column at the close on Wednesday Prices ended 1,4 to 1 3 US cents a bushel higher despite what traders said was an overriding lack of interest in the101 words
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Article295 1979-02-16 4 SINGAPORE: Yesterday's OlOsing prices in per ex-godown fi f > THAI WHITE: 100 pet first due (Kangaroo) new crop o.*, 100 pet second class O.Br 100 pet third class O.n. 25 pet nrw crop no stock, B-10 pet 0 75 THAI BROKEN: A-auper 0.82. Special 0 56 THAI RICE:295 words
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Article84 1979-02-16 4 THE STRAITS., tin price In Penang yesterday rose another Msl7 to $1,900 per picul, $200 ringgit above the International Tin Agreement ceiling, dealers said. Conditions remained firm, encouraged by higher London advices, with continued demand from local and US operators although with reduced Japanese and European interest. The84 words
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Article30 1979-02-16 4 Rubber: Feb 15 Singapore: March: 243.50 cents (down 0.25 cent) Malaysia: March 247.50 cents (down 0.50 cent) Tin: $1,900 (up $17) Official offering: 155 tonnes (up 64 tonnes)30 words
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Article196 1979-02-16 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (la HK dollars, spot ex-godown) Cattao yara: China Blue Phoenix 20s 2.370, 32m 2.900; Me 3.100 (per bale of 400 Km). Pfeee gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly196 words
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Article88 1979-02-16 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period "from Feb 15 until further notice: Rather: 240'* cents a kilo; Capra: MJ1.264.90 a tonne; Palm kerael: $955 75 a tonne; White pepper: $4,708.91 a tonne; Black pepper: $2,962.85 a tonne; The rates of duty payable88 words
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1085 1979-02-16 4 NESTOR CERVANTES - POSER ON RECLAMATION Vanishing mangroves in Papua New Guinea and elsewhere in Asia have sparked a renewed drive against exploitation. However, NESTOR CERVANTES does not see this as an easy task considering the variety aad value of forest prodnets now being weaned from these mangroves.1,085 words
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Article718 1979-02-16 4 OILSEEDS: A US Department of Agriculture report indicating Soviet fats and oil requirement this year at 500,000 tonnes combined with private forecasts that needs will be nearer 600,000 tonnes, lifted prices in most sections of the vegetable oils markets yesterday, traders said. Closing strength in Chicago was also718 words
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Article147 1979-02-16 4 THE SUGAR futures market yesterday remained dull with two lots traded against none on Wednesday, dealers said. Nearby March closed at 8.35 70 US cents against Wednesday's 8.20 60 close with distant January at 9.45 80 against 9.40 60. Sugar futures closing prices: C taring Prevtwu CtMtag Mch147 words
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203 1979-02-16 4 PENINSULAS Malaysian crude palm ell pradactiea fell to 172,84t toaaes tft November frsm to— la Oetober hat was abeve the 118,811 toaaes la November 1971, prelimiaary Statistic Departmeat flgares shew. Oatpat tor the first 11 msatbs rase to 1.41 milItoa toaaes tram IJB203 words
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Page 4 Advertisements
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Advertisement87 1979-02-16 4 See the latest in water technology at ASIA AQUATECH '79 n-inttniii wn llforld Trade Centra The most-modern forms of water technology can be seen at Asia Aquatech. Everybody who is involved in water-supply, water treatment (such as factories, plants; etc.) and pollution control should visit Asia Aquatech '79 to orientate87 words
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OVERSEAS
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Article718 1979-02-16 5 ARRIVALS Service Local Operator Number Tine From SIA SQ913 0015 HKG PAA PA006 0045 SPO /HKG TMA TL345 0530 BEY DXB/BOM/ KUL SIA SQffl 0620 KWI/BAH SIA SQ101 0815 KUL MAS MH607 0645 KUL MAS MH671 0915 KUL CPA CX710 1005 HLP RBA BI323 1030 BWN GIA.718 words
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Article200 1979-02-16 5 THE APPARENT success of a continuing Soviet "raid" on US. technology that can be used in systems for ICBM guidance,. anti-submarine warfare, automatic fire-con-trol and other military applications has led to an intensified re-examination on how US should control trade with the Russians. One US security official200 words
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304 1979-02-16 5 NYT SHELL Oil has given up drilling on the Atlantic Ocean's Baltimore Canyon, off New Jersey and Delaware, after spending about US$9O million (S&tt million) as its share of the cost to drill three wells in the area. Shell is the first companyNYT - 304 words
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609 1979-02-16 5 NYT. AFP THE United States had received Indications from the new Iranian government that Iran may resume producing and exporting oil this year. Although US Department of Energy officials said later the indications were "highly speculative," they nevertheless are the first optimistic noteNYT.; AFP - 609 words
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Article112 1979-02-16 5 BANIAN Prime Mtofcter Mehdl Buupa ku aanred npfwt fer the pn^rt'ta The aiiirMee was made yesterday, whea the Japaaese Imhs—ln, Mr ThUbi Wada h> IMwi the m> Iruha Prtiaiif sf Jifiat reeeg■Mm ef the aew geverapetreehemtosl r»«lwr te predaee 11mm mm fee the people's Hffc ta ahseIstoly mmmry112 words
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383 1979-02-16 5 AFP PROSPECTS for Britain's iron and steel industries are even gloomier today than they were last year, according to the "annual report to the National Economic Development Council from the sector's working party. The most optimistic projection the report makes is that byAFP - 383 words
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Article300 1979-02-16 5 Reuter BRITAIN had a trade deficit of £119 million (5J517.65 million) in January compared with a downward revised £67 million surplus in December. Exports fell to £2.81 billion from unchanged £3.15 billion in December, while imports fell to £2.93 billion from an upward revised £3.08 billionReuter - 300 words
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Article177 1979-02-16 5 Reuter THE trade deficit of the European Economic Community (EEC) declined 4.5 billion European units of account (EUA) to 1.1 billion EUA last year on the previous year on an FOB-CIF basis. The v EEC Commissi#! said in its February economic publication there was a 13.5 billion EUAReuter - 177 words
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Article260 1979-02-16 5 UPI THE CARTER administration has asked Congress to provide nearly US$3 billion (SJB-3 billion) aid for Israel and Egypt, to bolster the Middle East peacemaking process. An administration official told the House of Representatives subcommittee on the Middle East, that Egypt was an example of aUPI - 260 words
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WORLD IN BRIEF
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Article557 1979-02-16 5 Agencies THE Sri Lankan government has enlisted experts from foreign countries to erase Colombo international airport's "black star" rating from the record books of airline pilots, officials said on Wednesday. The "black star" rating means the airport is one of those considered by pilots to be theAgencies - 557 words
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Page 5 Advertisements
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Advertisement155 1979-02-16 5 I MITSUI TRUST Beacon of Progress We are Japan's oldest trutt bank and command a key position in the Mitsui Group. Our services are worldwide in scope. We have the reseercfr capability, a worldwide network and the best of personnel to serve you. In commercial banking, project financing, medium-term financing155 words
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Advertisement84 1979-02-16 5 Hike a good look at the furniture you etui buy around town... then take a look at ours < r\i ri;i) i KM 11 ki I'll Ii I) Showroom: 1 2. Ox lev Road. Singapore 9. Id: 23^0737 Exclushitv... w m vs I n n WTi j* US I s84 words
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542 1979-02-16 6 TWO IMPORTANT West Asian oil producers have said they will be increasing their prices soon, raising anew fears that the whole Opec train will pull the world economy into a crisis and subsequent recession. The fears are very real. The 1974 crisis demonstrated in542 words
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256 1979-02-16 6 THERE IS no doubt that landlords have every right to charge compensation for damage done to their property by tenants. Tenants must be made to realise their responsibilities and obligations. But the report that the Port of Singapore Authority is claiming compensation from256 words
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Article, Illustration1309 1979-02-16 6 THOMAS FRIEDMAN - An Iranian oil cutoff in 1973 waa one of the cauaea of the oil criaia of that year. Hiatory ia repeating itaelf an oil criaia of 1979 ia imminent. But ia an oil criaia precipitated aolety by ahortagea? THOMAS FRIEDMAN thinka not. Market1,309 words
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Page 6 Advertisements
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Advertisement267 1979-02-16 6 APOLLO HOTEL Havelock Road, Singaore 3 Tel: *****1 AMBASSADOR HOTEL ***** Meyer Road, Singapore 15, Tel: *****11 CENTURY PARK SHERATON Nassim Hill, Singapore 10 Tel: *****7 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****66 COCKPIT HOTEL 6 7 Oxley Rise, Singapore 9 Tel: *****1 GREAT EASTERN HOTEL Tel R267 words
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Page 6 Miscellaneous
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Miscellaneous52 1979-02-16 6 Rp StOW: J\ V KUfnooß WPkS IT VAC'S PCOUNO "tv\£ on MIS cvec COJTIKUW4G sepfloi RpkCe P*O cyot»C i^sh^ ON "TV46. GOfTRM^ wcs BeeM ON FS COP»I*IHG "t>JC uxn uts > |Lootr RTTvc meKj I BON lON soup, Solcl QontC. o« eets. or me.RT corhs oh Vc Go 6. PoTPTOCS52 words
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Miscellaneous694 1979-02-16 6 Sentimental choice "THE MMp «f Cear- see, V I hnisfclinß altar the mt the dioi is iNiaeitulei, "The Desert Is Wlaatag" at TJI The story to rather she setters a Htatory ec Earepe" at CJK ea Chaaael i, hat they areat Hheiy to he very exetttag. MT SINGAPORE 5 3.00694 words
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Article, Illustration1106 1979-02-16 7 COLIN MILLHAM - You can't keep inflation at home and Germany and Switzerland, two of the world's strongest economies, are seriously concerned about inflation in the US and Britain. COLIN MJLLHAM reports. COLIN MILLHAM GERMANY, with its bitter memories of the political consequences of inflation,1,106 words
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Article, Illustration988 1979-02-16 7 ISADORE BARMASH - By ISADORE BARMASH IN A RAMPAMTLY. inflationary era, at a moment when economic storm clouds seem to be gathering, are there really consumers who care how thin their watches are? Two giants of the watch industry think so, and they988 words
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672 1979-02-16 7 John Drysdale - MEBMti .with John Drysdale ONE of the points made by the chairman and chief executive of Texas Instruments, in an article written for Nikkei Business! was that productivity improvements in the industrial countries are beginning to owe less to capital investment and672 words
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Article278 1979-02-16 7 DO YOU long to.get away from the hustle and bustle of city life?. And are you thus planning a long and leisurely round-the-worid-trip on the QE2? Well, think again. Why not do the same trip but in all the comforts of your own home and beautiful278 words
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Page 7 Advertisements
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Advertisement355 1979-02-16 7 and where to entertain St}® > I'.i toOc.) ff'J-l).". it. l<v *tt• *?r* I V V -fry ;»lI 4 >1. I'ttUlK »Gfl V B> FORJAMNESE CUISINE, COME TO WlW*#P| Japanese* < Restaurant* j Serving authentic Japanese food Tfrppoo VoKKi Tempuro gvT J ShoSNmi SokiyoKi Shobu Shobj -fl Ouvoesi Hoocs T|355 words
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INTERNATIONAL STOCKS
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Article, Illustration419 1979-02-16 8 Reuter. GOODYEAR Tire and Rubber, aided by all of its product groups, has reported a nearly 70 per cent increase in its fourth quarter profits (or 1978 over the corresponding period a year earlier. The company said it earned US$7l.6 million, or 96 cents a share,Reuter. - 419 words
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Article209 1979-02-16 8 Reuter. A SHARP lift in Conzinc Riotinto of Australia's (CRA) second half 1978 attributable after-tax profit to A 153.78 million (133.28 million) from $23.24 million (144.59 "million) in the first half produced the virtually steady profit for the full year. CRA has reported that 1978Reuter. - 209 words
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Article154 1979-02-16 8 Reuter. GENERAL MOTORS said its car and commercial vehicle sales outside the US and Canada for 1978 rose by 9 per cent to 1.87 million from 1.71 million sold in 1977. General Motors said this is the third consecutive year overseas sales have increased and addedReuter. - 154 words
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Article111 1979-02-16 8 ITI. SABENA Mining has started U ipanilM to bMM the PMBpflim' 11th pr«darlsg eepper The Dally Express MMM has npirtti thai speratls— started ea Taesday alter mmM ■a stream tests at the UB93i mllltoa ptoat la Davae pttihw M km ■witheast el MaaMa. The millITI. - 111 words
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Article395 1979-02-16 8 NYT. ROLLS-ROYCE, the UK aircraft engine manufacturer, expects to make a final decision (airly quickly on where to build its proposed American plant. A member of the board has said' that seven sites, in Slates that he declined to «ame, were still in the running. He saidNYT. - 395 words
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Article609 1979-02-16 8 TOKYO Source: DBS-Daiwa Securities THE MARKET continued to advance yesterday with attention mainly oo incentive-back-ed issues and medium-abed blue chips, thus extending Wednesday's bullish mood. The Nikkei Dow-Jones average recovered the Y 6.100-level again for the first time in five days. Turnover was relatively light, asSource: DBS-Daiwa Securities - 609 words
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Article344 1979-02-16 8 Source: SHK Sec Ltd ALTHOUGH turnover was not exceptionally high yesterday, the market seemed to shrug of uncertainties over Iran and inflation to stage a strong rallySome brokers were sceptical and thought the rise was of a purely technical nature but the absence of institutional sellers and actually someSource: SHK Sec Ltd - 344 words
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Article287 1979-02-16 8 THE MARKET was generally firmer yesterday, dealers said. CRA gained 17 cents to $3.55 on its higher second half 1578 profit, while BHP, due to release its interim results today, closed 22 higher to 19.90. Gold stocks benefited from the price recovery on international gold markets, with Central Norseman287 words
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Article83 1979-02-16 8 rxs is POD Acojc Mining 41 4MI AUu Con. A AUu Coo. a K« OJ Bafulo OoW 41 IS unch >■■1 Coo. B BP 3D •U rnr» BJi Into Landoll 01« «MM Lrpant* JIM ♦0008 Martnduqu* B IM Mermico MJO oV Oriental A Onmlal H m MM nut Owmi83 words
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Article222 1979-02-16 8 Mil ■a* Bank of Aaia no ♦i i kok Bank of Ayudhaya kok MetropoBank 3M unq 1 232 -4 -30 Laem Tlwl Ban unq Ml •I Thai DtnuBank una Thai rmrmtn Burt 300 ♦t Uruoi i Bant of Thailand JM unch Induatnal Finance Corj unq uanftocinmtment M nm TruM222 words
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Article63 1979-02-16 8 FINANCIAL TIMES INDUSTRIALS Wednesday 497.4 Tuesday 45S.4 Week Ago 455.2 DOW JONES AVERAGE INDUSTRIALS Wednesday 828.78 Tuesday; 830 21 Week age 818.01 LONDON DOLLAR PREMIUM Wednesday *>'. to90'. Tuesday 01 1 to 01 H.K.HANG SENG Thursday 538 95 Wednesday 530.37 Week t|0 545.52 SYDNEY INDUSTRIALS Thursday 480 4863 words
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1223 1979-02-16 8 NEW YORK STOCKS finished narrowly lower on Wednesday in moderately active trading after attempting in the final minutes to pull out of an afternoon sinking spell. Analysts said rumours about clashes along the China-Vietnam border circulated fan the financial district in the afternoon and contributed to1,223 words
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Article155 1979-02-16 8 TOM c, AMUM U uneh Alean -H Alfom* a* But Mont Bank Hot* Seoua MO uneh Btil TM MM +H Bath Corp BP Out Ltd B* uneh Braaean M* Camp Had Lak* «H H Can Imp Bk r«n««r so uneh Cub In* Pf MM B uneh Carlli« OVMh 4*155 words
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Article249 1979-02-16 8 rXB M lUnd INDUSTRIALS A Alpha M unch Abtrcom H unch ax aim a 400 unch AM1C 1J00 unch Bdcon JOB Idpn *m unch ImMdi MB rM Votk m unch *n» no -j Ovdlin M5 OtMtanl OnlMB 306 *i Hippo HtvNd MO -1 Katotti m -t Ubcrvr 1MB unch249 words
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EUROPEAN MARKETS
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Article182 1979-02-16 8 rEB 14 Franc* Action® Suuaes MO unch Aluauiaat Br. MM 5 Aluauiaat Rm M »M Brown Boaari Br. IBM I* Cite (Mo Br. 1310 Ota Oalcjr f C 1010 unch Cite Ot*J Rm. m *3 Cradlt Sulaac Br OB CradH Sum* Rag m *i Dakuowau Br MM Oeorj» Piachar182 words
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Article130 1979-02-16 8 H n» mu» uncti AbaM ll&Jt -U Akm sua AMEV MM 1UI uneh ftJD +0-7 M.I0 41 Boll Borsumlj Burbmuin U> unci) n-OQ 15 MJQ -U ir» +oi CM** DUD D»ll Mil En Ms TXM i JM» -1J OX unci) rnnl H* fU mm n t irUr Otttbroc Oobtln130 words
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Article196 1979-02-16 8 rrB m m CORBKILLE Alr-IHnm m -i N OMMk L*non«___ 4M -I caf> ma* mj CW Praacalat 4m Pvtrata MM* -14 <sxsr jm -i Cratfll roacMt Da Pranea 41 Hachattt (UbnM) W Marhlnaa M nM uncb MKhatta m -M Partbai M.M «U Pacbinaj Opat taM IHJt -U PtUUpa <JH196 words
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Article55 1979-02-16 8 CET •4 ■acta -M M •4 < CHW Oi IM Ot hm SM mm Md) -m > -9 -m rr*Tp——■—f §"^^^PS55B5B58 —i Rjrt Dutch 1W 1M -U r •4 *M <4 Bonn* MM Botnj A MM Tmnki IS V M rare 8oc oat CASH MAS r Om Mater Den55 words
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Article159 1979-02-16 8 m M Dm Acf-Tctefunfcvn VI M Akao MM Alls Utan MM M ♦U •u *A*T uui Bm h t wkMtk nun VkMk MM inch sr 22 BMW S» Cl ■U -J -J +t Qwi vmw mm Canti n—■! ZZI m* iU 44 DUrtw-ltm M.M r> i am 41 U159 words
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Article61 1979-02-16 8 ra i« Aaic Jn a m Ml -a Omumt* rtal ra 11 as -M U> (k I U m i MI B I n pm nm -u "*r ~"^p555l •4 -4J 1 uXiLm —♦> -a i Mt Ml m ii m lii -T otm <w (MM M ra na61 words
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Page 8 Advertisements
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Advertisement46 1979-02-16 8 KYOTO-OSAKA-KOBE JAPAN MACHINERY SHOW 21st 25th FEBRUARY, 1979 PROM 1.09 P.M. to 8.99 P.M. At CONFERENCE HALL SHENTON WAY, SINGAPORE 1 33 Manufacturers and Exporters of Manufacturing Machines, Hardware, J Power Tools, etc. will be /iy exhibiting their J m products. kyoto Kyoto-Osaka-Kobe Machinery Show Committee46 words
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BANKING AND FINANCE
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Article195 1979-02-16 9 A BOND issue denominated in European Currency Units (ECUs) is likely to be launched this year. Edmond Israel, board member of Banque Internationale A Luxembourg SA, said the ECU should begin to appeal to investors as an investment in its own right and not195 words
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Article461 1979-02-16 9 Reuter. THE UNITED States has announced its third effort to borrow funds from foreigners as part of President Carter's campaign to support the dollar. A Treasury announcement said the latest borrowing would amount to US$l.35 billion (about 552.9 billion) worth of deustchemarks to be obtained byReuter. - 461 words
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Article302 1979-02-16 9 PRESIDENT of the gold and silver exchange Woo Hon-Fai has refuted sugggestions that local bullion trading adversely affects the value of the Hongkong dollar. Gold trading in Hongkong has little or no effect on the value of the Hongkong currency which has weakened recently302 words
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Article101 1979-02-16 9 Reuter. MAJOR British banks have raised their interest rates on loans by one per cent to 13.5 per cent, tightening up on credit in London but not by quite as much as was expected. Last week the Bank of England raised its minimum lendingReuter. - 101 words
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MONEY AND EXCHANGE$
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Article477 1979-02-16 9 THE US dollar was traded on a rather featureless market yesterday. It held steady against major currencies in mOrnfhg trading but saw some losses in the afternoon. On the whole, although the dollar closed a little weaker, it was traded on a rather firm level. Against the yen.477 words
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Article21 1979-02-16 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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Article193 1979-02-16 9 Asian rates ASIAN currency deposit interbank rates as at close on Feb 15: 1 days 1 month ..2month* 3 months v 6 months 9 months 12 months IS Dollar*(Spot) Offer Bid 10 7/16 10 5/16 1011/*****/16 113/16 111/16 11 10 U 11'11 11 113/16 11 1/16 1 month 3 months193 words
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Article55 1979-02-16 9 Range of prices offered by discount houses on Feb 15: Overnight f < fo 4' < < Call deposits 4' r -i to 4'r'« Closing Buying Selling 3 month Treasury bills 4 4 3 month Bank bills 7 11/16 79/16 3 month CD 7 5/16 7 3/16 6 month55 words
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Article64 1979-02-16 9 QUOTES on the Australia and New Zealand exchanges on Feb 15: AUSTRALIA: US dollar 1 1355 1 1307 Sterling #5672 0 s*oB Ninety-day airmail buying rates: Sterling 0 5922 US dollar 1.1749 Ninety-day forward buying rates: Sterling 0.5752 US dollar ***** NEW ZEALAND Sterling 0 5277, 0.5247. US dollar64 words
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Article315 1979-02-16 9 GOLD futures in Singapore yesterday closed generally higher against Wednesday's closing in moderate trading, dealers said. Opening quotations were marked up sharply around US$6.5O per ounce in the longer pirfods following higher .New-York gold prfibes and thereafter rose jtfightiy on the day, they said. Turnover fell to 212 lots315 words
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Article320 1979-02-16 9 THE DOLLAR yesterday opened weaker against major currencies as developments in Ifan produced overnight uncertainty for the US economy, dealers said. They added that this was the major factor in opening weakness, after the dollar eased in New York and continued to decline in Far East markets. However, dollar320 words
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Article157 1979-02-16 9 TPE JjIS doll esterday arStnd its rly-'Snnr t men lit currencies and yen compared with closing rates in the US, dealers said. Tratfing wlkk" relatively witb aom* dealers alrta&f the Far -The dollar rose to 200.20 30 yen from New York's 199.75 '90 close and con*pared with its 200.30157 words
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Article96 1979-02-16 9 THE for overnight delivery closed at 200.39' y#n. aboue the 200.00 opening, but down on 200.75 at Wednesday's close. After opening easier, the dollar firmed to 200.55 it one point on import covering and buying by Japanese banks to cover import settlement needs, dealers said. At the higher lewl96 words
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Article54 1979-02-16 9 FRANKFURT exchanges opening quotes on Feb'ls: US IJBIS 3» <1.8573 S3) Can 1.5504 14 Stg 3 705 15 D F1 92 45 55 S Fr IW.iSO lll.W v m-2jre 213 FF*-43 45 45 N Kr 36 38 48 A B Fr (con) 6.337 47 B Fr (fin) 6.224 3454 words
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Page 9 Advertisements
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Advertisement515 1979-02-16 9 I r-*-« a MP "•for***"* *r rfTr S* -J >• U w Materials Handling, Containerisation And Physical Distribution Equipment "h W v> ***?>*%! L -4 vfr^r W r "w Nr" 'J %-r/i f r- W V Q TTt A y# > <-/ v S V/ V v-V V > -.1515 words
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DEALS DONE ON THE SES AND KLSE
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Article1248 1979-02-16 10 BID and offer prices officially luted and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "sett" Big Board deal1,248 words
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Article94 1979-02-16 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. C«M Store (March $1.80) (0.438 0.535). Hamc P E (March $1.80) (0.368 0.435). Ptt94 words
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Article90 1979-02-16 10 5 3/4* 1/6/78-80 (250,000) (100 KB *****8) 4 1/9* 1/8/80 (250.000) (99 408 90.506) (3) 90 40 4 3/4* 15/9/80 (250.000)(W 808 90 70S) (250.000) (99.828 *****) 5* T F 1/8/83 (250.000) (100 108 100.206) 5* 13/11/84 (250.000) (100.008 100.068) 7* 18/4/85 (250.000) (100.808 100 955) 7* 1/8/8590 words
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Article153 1979-02-16 10 SINGAPORE UNIT TBU8T IHuhW prices hrMM) The Commerce 2.18 2.31 The Saving Fund I X 1.44 S pore Proj Fund O N 1.01 S pore Sec Fund 1.71 1ST S'pore Invest Fund 1.34 1.31 INCOME BOND UNIT (Carnal pries*) Income Bond 1.14 1J0 MAJLA •UM1PITRA FUND (Ms—fi' priess153 words
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Article2539 1979-02-16 10 Gr*a Grt Not 1*78/79 Company Laat Div Div Y'ld P/E Vol Day High Low Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIALS 272 132 A cma 222 unch 12.0N 1.3 5.4 24.1 2 222 222 190' 123* Alcom 185 10.0 2.2 5.4 13.7 178 107 Allied2,539 words
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Article1328 1979-02-16 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 bracket* in lots of 1,000 units unless otherwiae specified. INIHOTUALS AjteMMto (2.5C8) AJeen (IMB 1.955) (2) 1.92 (5) I.M (5) I.M1,328 words
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Article192 1979-02-16 10 Perils Ptsetetiw Bhd: AGM to be held at 8th Floor, Wisms M1SC, No.2, Jalan Coniay, Kuala Lumpur today at 10.30 am. New Smite Times Press (M): AGM to be held at Balai Berita. 31. Jalan Riong, Kuala Lumpur at 11.00 am tomorrow. Ajer Mslek Bibber Csapaajr Bhd: AGM192 words
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Article, Illustration584 1979-02-16 10 MUCH to toe etogrta if Investors, atom mvH to ya-ya fashien at toe Stark Exchaage sf Slagapere yesterday. Aa early rally drew ferto sellers wtto a resaltoat eat hack to prices. II was little caasstottoa that the Market flatted marginal I.\ higher.584 words
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634 1979-02-16 10 SOME uncertainty seemed to prevail on the Kuala Lumpur stock market as prices fluctuated to close on a slightly steadier note yes- terday. Trading was hesitant with market operators exhibiting some degree of caution in their dealings Apparently, concern over developments in Iran has634 words
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COMPANY NEWS
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Article, Illustration1075 1979-02-16 11 SUSAN BEVAN - By SUSAN BEVAN GUTHRIE Corporation has described as "unprecedented," the questioning by Sime Darby of its recent estate revaluation by the firm of C. H. Williams, Talhar and Wong (C. H. W.). In a letter to shareholders despatched in London, Guthrie says that Sime's latest circular1,075 words
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Article316 1979-02-16 11 NET PROFITS of the Private investment Company for Asia (Pica), an international investment institution, has improved slightly in 1978 to a new record of US$2.2 million (about Ss4.B million) against US$2.O4 million previously. The group's gross revenues over the year also increased significantly to US$lO.7316 words
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375 1979-02-16 11 THE JOHORE State Economic Development Corporation has launched a scheme to enable bumiputras to obtain interest-free loans to buy shares in the Johore Investment Fund. Mentri Besar Tan Sri Haji Othman Saat has said that the scheme was open to all bumiputras in375 words
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Article304 1979-02-16 11 SSTCXSCL™, by HOCK LOCK SIEW THE JC-MPH group has come oat strongly to defend itself and to pursue counterclaims to a litigation directed against the group's directors and subsidiaries arising from a joint venture with the plaintiffs, Chartered Development Services Pte Ltd (CDS) and its directors, Mrby HOCK LOCK SIEW - 304 words
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113 1979-02-16 11 yes- terday announced 3 s 5 per cent dividend in respect of the fiscal year ended Sept 30 1978. During the year, the company made pretax profits or MJ1.07 million (12.89 million) on a turnover of $31.61 million ($31.86 million). The company said that113 words
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136 1979-02-16 11 a trickle of Singapore Finance minority shareholders have cast in their lot in the last few days with the company whom they regard as the better paymaster. Both Hong Leong Finance and United Overseas Bank have recently reported further136 words
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Page 11 Advertisements
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Advertisement40 1979-02-16 11 BALUBAID BAHASSON Shipping 6 Stevedoring Agents in HODEIDAH, YEMEN ARAB REPUBLIC Telex Ne. 5538 Cable: Balubaid Bahasson Telephone: 2421 2379 2828 Address: P 0 Box 3649 Hodeidah, Y.A.R. Interested parties may contact *Mr Bahasson at Room 17, Queens Hotel. Singapore.40 words
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Advertisement397 1979-02-16 11 From today... one more IDD Destination: Macao Country Code 853 Charge per block of 6 seconds $0.45 l j*»i t1 Other IDD Destinations are Australia, Bahrain, Bermuda, Canada, Cyprus, Denmark, Fiji, Finland, France, Federal Republic of Germany, Greece, Hong Kong, Republic of Ireland, Italy, Japan, Republic of Korea, Kuwait, Liechtenstein,397 words
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Article, Illustration657 1979-02-16 12 WANG LOOK KEAH - By WANG LOOK KEAH THE SINGAPORE Port Workers' Union is strongly against the Port of Singapore Authority claiming compensation from former tenants of Everton Park for damages done to the flats. The union argued that the flats will in any case be demolished for conversion657 words
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Article806 1979-02-16 12 LONDON, Thurs.— Share prices retreated in quiet trading following press comment on the government-trade unions agreement over pay and inflation, dealers said. Leading shares were marked down by up to 12p although most falls were in a2pto 5p bank, with the FT index at 3 p.m. down 6.5806 words
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Article127 1979-02-16 12 MB. 4.Y.M. Pillay km* beea appelated chairman af the Dcvetopmest Batk •I Slagapsre, a paaittea left vaeut whea Mr. Htwf Ym Cbtag redp®d after hdag appelated Mlatoter fer Defence. The p—ltton tt presideal ef the haak, alsa prevtoasly heM hy Mr. Have, gees to Mr. Chaa127 words
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Article67 1979-02-16 12 ASEAN MONETARY SYSTEM GOVERNMENT maaetary afllcials mad buken fr»m fl mitiks will Iml lau the paaal Witty af u Amu monetary lystem whrn they apea a caafereaca la Maalla tMMmw. Abaat 4M Megataa will attend tbf I—| Asian farelga exekaage aad fdwip\ dealers farftfcace wkkh will atee Ombm the rale67 words
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367 1979-02-16 12 UPI A US HOUSE of Represen- tatives Ways and Means I subcommittee has indefinitely postponed action on legislation to further waive countervailing duties until it receives assurances that the Administration will help ease problems of the American textile industry. Robert Strauss, the President'sUPI - 367 words
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Article117 1979-02-16 12 THE Sumitomo Bank, through its Singapore branch, yesterday signed up to borrow US$3O million (Ss6s million) in a floating rate certificate of deposit (FRCD) issue. It is the first bank to complete a hattrick with three issues being made, since the FRCD market was activated in this financial117 words
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167 1979-02-16 12 AYATOLLAH Ruhollah Khomeiny appealed to Iranians on Wednesday to end strikes and go back to work from next Saturday. In a nationwide broadcast, he said the strikes, which began last October, had achieved their purpose. Meanwhile, fierce resistance to Iran's new revolutionary leaders167 words
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Page 12 Advertisements
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Advertisement134 1979-02-16 12 IT PAYS TO CONSULT INDCBUEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Today we are quoting the following tor Singapore Dollar ferrr deposits up to SS2SO 000 1 month 5V«% p.a. 3 months 6V«% p.a. 6 months 6V«% p.a. 9 months 6'/«% p.a. t2 months 6'/»% p.a. Savings 4Wo134 words
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Advertisement167 1979-02-16 12 •Leader Page f All available Units in Phase I sold Prime Units in Phase I were over-subscnbed Reservations for Phase II with an application deposit of USS3.OOO per unit,will be accepted as from February 8. 1979 Exclusive Regional Marketing Agents Gammon Properties Limited Sales Office: Grouno Floor, Gammon House, 12167 words
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Page 12 Miscellaneous
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Miscellaneous62 1979-02-16 12 iW EAT H ER| Outlook for Singapore from 6 a.m. to noon today: Generally fair. Report for 24 prior to 7.3t p.m. on Feb 15 at the airport. Maximum temperature 32.1 Associated humidity 65 Minimum temperature 24.3 Associated humidity *97 Hours of sunshine 4.75 RainfaU iiv millimetres.... Nil Total rainfall62 words
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SHIPPING TIMES
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PORTSIDES
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Article65 1979-02-16 13 Reuter THE Soviet Union has doubled to four the number of cargo ships serving the Australia- Philippine route, its general agents for the Philippines said. A spokesman said an additional two container vessels were added to the route last month, and another may be added in May, theReuter - 65 words
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Article115 1979-02-16 13 UPI. THE 12,000-ton French freighter Francois Vielt, carrying a crew of 28 including three women, sank on Wednesday in a hurricane off the Galician coast of northern Spain. When the rescue operation was suspended at night fall, tugs had picked up eight survivors and recovered three bodies.UPI. - 115 words
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Article98 1979-02-16 13 AFP A HONGKONG-owned cargo ship caught fire on Wednesday while it was about to drydock on Manila Bay, but all 36 crew members were rescued, the Philippine coast guard said. The coast guard authorities said the 10,000-ton Panamanian- registered vessel owned by Brilliant Navigation, S.A. Of HongkongAFP - 98 words
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482 1979-02-16 13 GOH ENG KEE - By GOH ENG KEE THE first of four cellular container ships converted from general cargo vessels by Jurong Shipyard is on her way to Bremerhaven, West Germany, to load her first containers towards the end of this month. The four ships owned by Hansa482 words
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Article183 1979-02-16 13 UPI THE earlier accent on the Par East time-charter engagements switched to the Atlantic where several vessels lonad employment la hath U8 and Earapeaa waters. However, the overall state of the market remained very doll with an uacertala outlook. Soviet charterers were rumoured to have hooked aUPI - 183 words
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Article331 1979-02-16 13 AFP JAPAN'S shipbuilding industry, floundering in the protracted slump, now pins high hopes on the growth of demand for liquefied natural gas (LNG) tankers. The Mitsubishi Bank, in its monthly economic review, predicted Japanese shipbuilders are likely to "finally receive orders for five LNG tankers,AFP - 331 words
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187 1979-02-16 13 AFP CONTROVERSY was flaring in Britain on Wednesday over a planned £4.5 million (about 119.4 million) government grant to Vietnam intended to help finance an order for freighters from a state-owned British shipyard. The grant would be made out of Britain's overseas development aid budget. TheAFP - 187 words
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2638 1979-02-16 17 SCHHWIE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of2,638 words
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Article492 1979-02-16 17 WMpptog Um Page Cat ACS n 5 Afea IV 3 Aguila IV 2 Alfred V 2 All trans IV 3 Alpac IV 5 Angkutan IV 4 ANL I 1 APL m 2 Arya Nat n 5 ASCL m 5 Asia Merchant IV 3 Atlas V 3 Aust.Cont IV 5492 words
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Article851 1979-02-16 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) 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 during851 words
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Article893 1979-02-16 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. Toepler LineIn termodal. Algerian National Line (CNAN)—Unipacific Alpac Line—lntraaea.893 words
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Article1281 1979-02-16 18 FT A SHARE-OUT of bulk cargoes and the complete abolition of the 90-called convenience flags are the two major elements in the Unctad secretariat's plans to boost Third World shipping. The secretariat wants to see the carriage of bulk cargoes, which represents around 80FT - 1,281 words
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Article138 1979-02-16 18 Dear Sir, I refer to your story on SSA's memorandum to the Minister for Finance on the Government's Ship Financing Scheme in the Shipping Times on Wednesday. Apparently, this is the Shipping Times' own version of the memorandum which we submitted on a confidential basis. To138 words
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Article, Illustration316 1979-02-16 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Dong Min (after Maya Maru) 26 Kola Sejati (0700 after Kota Pahlawan) 10/11 LCT Sarwaguna Tiga (0600 after Temburong) 22 Muse Bell (2000 after Eastern Grand) 27/28 Patagonia Argentina (after Nedlloyd Cumberland) 3/4 Perak (1200 after Per lis) 21 East Shoko Maru316 words
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Page 13 Advertisements
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Advertisement394 1979-02-16 13 Scan Dutch V Fast and Regular Service To /From N.C./SCAN/W.MED./U.K. Singapore Tel *****1. Port Kelang Tel *****1 Kuala.Lumpur Te1'***** Penang Tel ***** lO> J AR DIM AN I AH SAJJL/ Orient Overseas CotdojMeA Line FULLY CONTAINERISED SERVICE FROM EUROPE (VIA SUEZ) I HXONG CONTAHER IX ORfNTAI RESEARCHER IS SEAS BRDGt394 words
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Advertisement142 1979-02-16 13 •W 111 l 851 SEALORD ANTAH LT UASC I] UNITED ARAB SHIPPING CO (SAG) 3 LAND Customer Service Booh.ny *****22 Terminal *****53 *****37 »I>/F««c« (1 F«k It u* 2211 71 24 u 020/Cwmrct 70 Mai 3 Ms 23 »«W Hpr 021/ Defeat 101 M> 10 I Ihr 30 DEPARTURES TO142 words
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Advertisement354 1979-02-16 13 NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES. FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE Hame R dim H bu'l Br em 5 Ma. (Mai t Mar Mai 11 Mar 1? Ms 14 Mar IS Mar 17 Mar II Mar 20 Mar 21 Mar 24 Mar Mar 27 Mar 21 Mar 21 Mai 30354 words
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Advertisement868 1979-02-16 13 Kedlloyd nes Regular Liner Services To/Front All Parts of the World. Singapore.Tel»9l9olK PoaKete^ftX^^ lol Kuala Lumpuc lal 2512 y Panang T* §OW6 <*««^*^CIMM(AMib Ct WM,MrH» W bon Ta— i—fw.iv COWTAIWEWIZEO FAST DIRECT WEEKLY |»Q" Katang P»n«rn ire dKM( T«m *CY II Feb 0700 brs *CFS 17 Fct> 1900 hrs FOR868 words
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Page 14 Advertisements
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Advertisement702 1979-02-16 14 7 m£M FULLY CO—WI TO EUMPE EXPORTS o*a*a 8a» 27 2 2* 2 "f Xjuvi Man 2i 2 11 3 18 3 19 3 24 3 4 3 5 3 *>* M 3 30 3 3 4 rtiJZiR,. 8 3 •/< 44 54 84 113 31/3 2 3/4 104 1702 words
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Advertisement498 1979-02-16 14 :!k«e barber blue seo Five US ATLANTIC US GULF I EAST CANADA Ms 13/13 M» 1«/U Mar 15/ If 21/22 Ma 21 Mar 21 Mar 22 Ah- 21 Mar 24 Mar 30 Mar 27 Apr 2 Neit km* "TM PW6" Mar 5-7 (W *-5/3) Apr 25 »0» Apr 2S May498 words
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Advertisement571 1979-02-16 14 ©EVERGREEN LINE f FAR EAST/RED SEA MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTWG CARGO FOR GENOA LATTAKIA. BEIRUT ALEXANDRIA BENGHAZI TRIPOLI (LIBYA) S part 'MM Nrt M Lntnal Itftwn Fm r HVMIHIvc4H E»«r Mtfcv n ft* SM» MM- 1711*1 22M* 24 M. SB. Ever HmAmrc 7M> 21 M» 25571 words
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Advertisement1133 1979-02-16 14 Everett Lines/ Burn* Frvt Star Skipping Carp*. "BURMESE NATIONAL LINE" l OMSK RRNGOON Seaport HIOKTWk muMMCTtimM. B PORT/It FA It/21 Ftk B F S.S C A gen* m Motoyvo TEPS MALAYSIA Port Kdong T«l (381-7355 Penoog T«4 *****/***** ijLt# Com pa nia Argentina Da Navagaooa Intaroantinantal S. A. C.I. F.1,133 words
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Advertisement589 1979-02-16 14 T2LO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2 102 103 21STFIOOC? MARINA HOUSf SHFNTON WAV MISTRI ROAD SINGAPORE 2 TEL *****44 76 *****70 IO SANKYO LINE AUSTRALIA SERVICE P Keiang Seaport Load YUE MAM THREE ST* S aOeO 27/21 Feb to fart 25/20 Feb STB. MEL ADEL SYD. ICL. WEI589 words
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Advertisement582 1979-02-16 15 Overseas I Containers VlWrn. Limited ommastm soma 10 i/camw: CONTAINERSmP SERVICE FROM UKCONTMENT U SINGAPORE MANSFELO CONTAMER SERVICES PTE LID *****1 K LUMPUR CONTAMER ACENCES *****4 PRELAW *****6 8 PENANG GUTHH BOUSTEAD SMPPM6 AGENCIS *****1/3 L Australia Straits Container Line sc (A MEMBER OF THE MM CONSORT!*) AUSTRALIA •mo **b582 words
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Advertisement878 1979-02-16 15 GRANARD LINE RELIABLE ft DEPEJDABU NONCONFDttNCE EBWSS SERMCE NEST BOUND-FA* EAST/ICDfTERRANEAN S pat MH»| Penang l«*( tar MV. MM HI V 22W 25 Fit 28 Feb DHwid ledda* PSad Alenandria Beirut LattaAia' limassol PifMus Tripoh Bengfuri Istanbul M V MAN AN V.24W 2S Ma 31 Ma 7 Apr Jeddab P878 words
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Advertisement756 1979-02-16 15 BEN LINE CONTAINERS ewress com wo service to/from europe TtWOW Ouka Bay ln(i Kara Snwfl Eipresi Mr* >ay HOW MOW. HBUK B HAVEN ROAM HAW SOTO* W Germany Austria Benehu France Al UK Austria Bcnriiu Franc* Al UK P Keianf S pote For SPORE *****4. K LUMPUR *****4 PKELANG 6521.756 words
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Advertisement554 1979-02-16 15 Scan Dutch 9 EXPRESS CONTAINER SERVICE VIA SUEZ tvi i: w »i: i i »7i ii :fi: i »]i:r\ T ii Ftota tram f tmnanli HUD kM K nan T) Item J) Hburg 41 Gtaf| a K«I 17/3 24/3 K NOOM WEEKLY SAILINGS EASTBOUND I) Ck«| 2) tr»«n In* 4)554 words
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Advertisement680 1979-02-16 15 GUTHRiE BOUSTEAD AGf-^T'-b THE BANK LINE LTD LOADS FOB E. I S. AFRICA spare f >*»* iirnwm OUTH AFRICA FOR BANGKOK MANKA Pfiw* r wang t loan s pore 17/ a f«* Ptnang P *elai*24 ?8 Fed S pore 1/ 3** FROM [AST I SOUTH AFRICA LYKES ORIENT LINE EXPRESS680 words
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Advertisement1015 1979-02-16 16 MB »1' K LINE KAUASAKI KISEN KAISHA. LTD. O EUROPE N PURL 13W c RO2E 12* KORtAN IACEWON 1W H* CONTAfIfR 14* MERCATOR 10W S ooit f Keianf I Havre R dam In Pari 1/ Feb I 27 Feb 28 Feb 22 Feb 23 feb 27 Feb 28 Feb 71,015 words
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Advertisement764 1979-02-16 16 U-S.A./EAST CANADA SERVICE acceptmg ra/ia com twits fnm penang. p. hum. store Lm*« tar: WW TOM. NORFOLK Penang Betanan P Ketang Singapore E.C./CREAT LAKES SERVICE Laadtac tar NORFOLK WW TQM. MONTREAL TORONTO Penang Betanan P Ulin| Singapore VBHVA MMCTT (NBA 29 SO) 21/MFW I*ll2 Feb 11/19 FA M Pt/17 Feb764 words
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Advertisement359 1979-02-16 16 V C >t aI» SINGAPORE SHIPPING AGENC!IC PTE LTD > S/^( > M'OKI ASA I \I)S totfrjg/j*]. i</: RCL Regional Container Lines WEEKLY CONTAINER SERVICES TO/FROM BANGKOK, MIX COUNTY *7 IMX BOUNTY VI lADE BOUNTY DSRLINES Far [mpt SOMttSHAUSEN f twsas r FAST 9M CGNTWCI SOIQ Spore P M*X Penang359 words
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Advertisement419 1979-02-16 16 MAI*rSIAN INTERNATIONAL SHIPPING CO*PO*ATION BCKHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WKTBOUttAho Accept*k fro* 1) Malmo Stockholm Oslo Helsinki 2) Copenhagen Aarfcrs 3) Bremen. 4) Antwerp Amsterdam UK. 5) Basle. Bordeaai Also accepting Mteraedute carfo to Hongkong t tap* EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT Tg Mm S pore P Mang419 words
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Advertisement647 1979-02-16 16 Line STRAITS/AUSTRALIA SERVICE Smtaport P Kelanj loaMig ta: MIT SYDNEY V.31 21 FM Fab Brisbane Sydney Melbourne Adelaide nuu (TIC) lit ZIUM HOOK 215*47 ALPAC LINE SOUTH AFRICA SERVICE PARAGON V.34 P Kelang Penang Lwi| tar 27 Fab Reunion Maiunga Durban Capetown kf*\ s- anusu <ni) in ?»*ii nans 2»4a57647 words
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Advertisement260 1979-02-16 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DKCCT LINER SERVICE TO EGYPT (PORT SAC ALEXANDRIA) STORE PT KEL PENANG PT SAC ALEX 4 YANNS Ftk 2< (Ms Mart tor2o AU 25 PYtAMDS U M* 2J Apt IS V2l NU H Apr 10 Apr 21 Hay 3 MAtTRANS CARGO PICAS260 words
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Advertisement105 1979-02-16 17 iMmMMizua-Mmi REGULAR SERVICE TO MEDITERRANEAN /A PORTS OF ITALY, SPAM. FRANCE TIBER SERVICE CARE LOUCASN. CAPE KAMARI S port P. Ketone DKdurpnc Parts 27 Feb Jtddah 5 Mar Lasptaa, Safcmo. Mmtafcom 12 Mar Valencia Saicrno TRANS SHIPPING LINE PGa4an| S'part PHHain Ptnaaf tadiai(m| MC DCESH 23 Frt 27 f 2Mj>105 words
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Advertisement176 1979-02-16 17 S-*r -Caat pre** £lHe* £td WEST BOUND LOADMG FOR MUSCAT. DU6AI ABU DHABI. BAHRAIN KUWAIT coihxnce Eimss mw EAST-BOM) DBCNAKMt ONLY Al FARAJ VI7E UPRTED FORTRESS ETA ETD 2C Feb 27 Feb II Mar 19 Mar ETA ETD LOADMG FOR IS Frt IS Feb Apia/fat* rap/ Santo/NMuoMa Gulfeast Shipping Pte176 words
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Advertisement268 1979-02-16 17 g Seatrain FdH Container Service to USA I f raw m stqh Mono m m om u gulf i/c Bohm* It/2 Sutra* Cmcmt 24/2 13/3 15/3 23/J 20/S toy: (1 TkwittHara 22/2) S«a*aa Fmcetn 4/3 21/3 '23/J JB/3 3/4 Hwmii 22/2) f 141 FuH Container Service from USA IBHO «l268 words
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Advertisement274 1979-02-16 17 NOTICES n». v. "CHIDAMBARAM" VOY: 109 arrived Ulk February, 1979 r 'm General Survey of damaged cargo ex the above vessel will be beki on Monday 19th February. 1919. as from 9.00 a.m. to 5.00 pjn. No further survey will be held after this date. AIMICR. JI MABHOY BONB (PTE)274 words
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