The Business Times, 2 March 1979
1979-03-02
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The Business Times
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Title Section10 1979-03-02 1 BUSINESS TIMES M.C.(P) No. IM/1/79 FRIDAY, MARCH 2,IST* 50 CENTS10 words
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BRIEFLY...
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Article88 1979-03-02 1 FINANCE Minister Mr Hon Sui Sen will introduce amendments to the Economic Expansion Incentives (Relief from Income Tax) Act at the next sitting of Parliament on March 5, an announcement from the Clerk of Parliament said yesterday. The changes are expected to follow the form announced by88 words
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Article66 1979-03-02 1 AP LONDON, Thurs. The Bank of England today cut its minimum lending rate, the benchmark that sets the cost of most commercial borrowing in Britain, from 14 to 13 per cent. The state bank put up minimum lending rate from 12.5 per cent to 14 per centAP - 66 words
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Article76 1979-03-02 1 AFP KUALA LUMPUR, Thurs. Datuk Hussein Onn and President Suharto are likely to examine the possibility of Asean mediating in the Sino-Viet-namese war, at their three-day meeting in Jogjakarta from Sunday. The Malaysian prime minister will be accompanied by his top security aides for the meeting withAFP - 76 words
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Article82 1979-03-02 1 UPI Reuter BANKGOK, Thurs The first regular Vietnamese army division to enter the fighting has been rushed to the defence of the strategic provincial capital of. Lang Son under heavy attack by Chinese forces led by tanks and backed by artillery, intelligence sources said today. Vietnam saidUPI; Reuter - 82 words
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Article37 1979-03-02 1 THERE is a possibility that the Bulgarian government will increase its investment in Singapore and make Singapore a centre for introducing Bulgarian goods to Thailand, the Philippines, Sri Lanka and other countries in the region.37 words
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Article65 1979-03-02 1 Reuter HONGKONG, Thurs. Legislation is expected to be finalised before the end of calendar 1979 to unify Hongkong's four stock exchanges, Financial Secretary Philip Haddon-Cave said. In a press briefing on the 1979/80 budget which he presented yesterday, Mr Haddon-Cave said the government hopes legislation wouldReuter - 65 words
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Article73 1979-03-02 1 AP NEW YORK, Thurs. The stock market edged upwards in early trading today despite a report showing a sharp drop in the government's key index of future economic trends. The Dow Jones average of 30 industrial stocks rose 1.38 to 810.20 in the first half-hour of trading onAP - 73 words
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Chief Price Changes
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Article136 1979-03-02 1 Rises Most Active hungei Besi 720 5 Nat Iron Shell Duff Dev C C M 623 275 185 480 5 5 5 4 S Darby H Par UOB 378,000 146.000 131.000 Semb Shipyard 152 4 Consplant 89,000 Metal Box Bhd Setron P M R I 213 156 282 3136 words
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Article, Illustration139 1979-03-02 1 Rises Most Active Killinghall (M) 1250 50 S Darby 324,000 Hong Kong 1750 50 K L Kepong 255.000 Roxy 254 10 Consplant 230,000 Oriental 575 10 H Par 136,000 F Cables 1<M 04 P Products 140 04 Total Turnover: 2.01m Total Value MS5.17m Bousteadco Falls 182 -13 Indices139 words
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Article970 1979-03-02 1 QUEK PECK LIM - CASH, SHARE AND SWEETENER By QUEK PECK LIM Financial Correapondent SIME Darby Holdings has come back with an offer to Guthrie Corporation shareholders which it feels will succeed. The new terms, worth about £1 more than the 425p previously offered, will be Sime's final970 words
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Article142 1979-03-02 1 CHINA IS not delaying trade with Japan, though Tokyo reports state that Peking is holding up contracts worth more than US$2 billion (554.4 billion). Chinese Vice Premier Li Hsien-nien commenting on the reports, told British journalists that "the general trend is not to slow down in142 words
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824 1979-03-02 1 JOHN TAN - JOHN TAN Economic* Correspondent SINGAPORE'S oil companies, along with their counterparts worldwide, are sinking rapidly deeper into uncertainty in the wake of tightening crude oil supplies. The main issue has now shifted from one of price to one of availability. Most companies824 words
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298 1979-03-02 1 OVERSEA Chlaeae Banking Cerperatfea (OCBC) and Overseas Iniea Bank (OUB) have beeeme parties ta the latest reaad sf prime rate laerenaea. Pram teday, the prime leading rate (PLB) af the twa large laeal hanks is 1.15 per cent, In line with thase sf298 words
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534 1979-03-02 1 COLIN CHEE - By COLIN CHEE SINGAPORE is pitched right in the middle of a mini gold rush that has caught even the gold bullion dealers by surprise. Sales of small gold bars in the five to 20 gram range have been "spectacular" in past weeks,534 words
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Page 1 Advertisements
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Advertisement11 1979-03-02 1 COPIES ANYTHING, FITS ON A TABLE-TOP INOLTA EP-1 SEE BACK PAGE11 words
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Advertisement128 1979-03-02 1 ACBC Your key to International Trai a t VingAport 5 No»t»» H ;tr Ro«j T 4*«t» Ktrwvvr'Uji f < If your business is import/export and the world is your market,, you'll need the services of a bank with the interna tional capability to handle your business dealings efficiently and with128 words
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Advertisement61 1979-03-02 1 raiijM SHIPPING TIMES PEOPLE Is business SINGAPORE Open Getf HIGH US deficit Mt ft dampener FILIPINOS hanger for Jsbs FORL M wllli Jeka Drysdftle OUR EaniMi record 9 5 SEA View Hetel shews Its met--9 tie II 7 THE Higfc-yatt perfsrmsaee...... 11 MEMOPAD 2, CROSSWORDS 2, AIRCRAFT SCHEDULE S, TV61 words
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Advertisement98 1979-03-02 1 m 31 JL*. that puis no punches. offers o wider choice of plain paper copiers. U-BIX V Tabie-Top Model A copier that delivers clear copies from B-6 to A-3 ■P* sizes. Built-in micro computer that increases ease of operation. U-MX 1900 A high performance copier with high reliability. A solid98 words
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TRADE AND INUDSTRY
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472 1979-03-02 2 GOH ENG KEE - By GOH ENG KEE THE PAN-Asean electricity grid concept reflects a common desire by Singapore, Malaysia and Thailand to reduce the heavy investment each country continually makes to ensure an adequate reserve of generating capacity. At present, the reserve capacity of each utility472 words
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Article84 1979-03-02 2 A THREE-DAY workshop on organisation development organised by the Singapore Training and Development Association will begin on March 29 at Hotel Equatorial. The workshop, to be led by Mr. Ho Ah Chuan, training officer of British Petroleum and Miss Eliza Quek, personnel officer of Esso Singapore, aims to84 words
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263 1979-03-02 2 TIMES Books International (TBI), aet up last September, represents nsore awve late the l»tenwi tl— I book markets far Times Publishing. Made a dlvtslaa sf the group, TBI was a aataral aateame of the tatter's long lavslvemeat la the pabilshiag and printing business.263 words
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Article, Illustration196 1979-03-02 2 LEO Burnett Singapore has announced the following promotions: Mr Peter LJag, from account manager to account director. Mr Ling, 30, has 10 years' experience in communications covering journalism. public relations, retail advertising, sales promotions and advertising agency practice. He also holds UK and Australian professional qualifications in196 words
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Article, Illustration781 1979-03-02 2 HIGH SCORES were returned in the first round of the $108,000 Singapore Open Golf championship at the Bukit Course yesterday. On a day plagued by strong winds and fast greens, only 10 professional golfers managed to break par. Seasoned Taiwanese player Hsieh Min Nam tied with781 words
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295 1979-03-02 2 YOUNG Singaporeans should not take for granted what the Republic has achieved today prosperity, stability or security but should aim to consolidate and buiid further upon the unity, strength and resilience of the nation. Mr.C.V.Devan Nair, Member of Parliament for Anson and secretary general295 words
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Article137 1979-03-02 2 A MAJORITY of the members of the four PUB dailyrated unions has voted in favour of amalgamating their unions. Mr. V. Jayakody said yesterday that the results of a secret ballot held recently showed that 3,066 votes or 87.5 per cent of the total votes cast137 words
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Article, Illustration341 1979-03-02 2 TO UPGRADE overall productivity and to keep abreast of developments in management. information systems and production technology with an aim to promote the growth of small and medium-size industries will be the immediate future goals of the National Productivity Board (NPB). NPB chairman Dr. Lee Chiaw341 words
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Article142 1979-03-02 2 THE key to a safe and healthy work environment is a good safety programme, and leadership from the employer in this matter is of prime importance. This was emphasised by Mr Ivan Baptist, chairman of the industrial safety committee of the National Safety First Council, in142 words
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Article378 1979-03-02 2 COURSES AND TALKS Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC Feb 17-Mar 3: Marketing for the secretary, SIM, SIM Mar 5-23: Port Administration and Operation Course, PSA Conference Hall, PSA Mar 19-20: Communications for Effective Management, Ming Court Hotel, Price Waterhouse Associates Mar 19-21: Credit Lending,378 words
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Page 2 Advertisements
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Advertisement302 1979-03-02 2 Earl Nightingale 'Lead the Field' Seminars featuring audio-visual presentation and group interaction in 12 mind-expanding sessions They will motivate you to •Achieve top-paying jobs •Spot profitable opportunities •Act on money-making ideas •Guide your own destiny With Action-Prompters: simple actons for quick results Progress Monitors: to gauge your achievements PREVIEW SESSION302 words
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Page 2 Miscellaneous
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Miscellaneous600 1979-03-02 2 TWO-IN-ONE I t CRYPTIC PUZZLE ACROSS 4 Head branch (6) 7 Buy up the ferry? (4,4) 8 Keyboard instrument, or three piano pieces in a set <«) 10 They're handy for baseball. etc (5) 13 Kitty's game? (4) 14 Duck out of a creditor's meeting (4) 15 Short proscription 4)600 words
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Page 3 Advertisements
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Advertisement105 1979-03-02 3 Now The fastest flight to London under the sun. V ■< I c m §Jt m *P 4x m m* i <*• > *5K > S m j m m 4! w v Well fly you to London in the space of a morning; On the British Airways Concorde. Have105 words
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RAW MATERIALS
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413 1979-03-02 4 Reuter WORLD mine prediction of tin-in-cen-centrates was 16,899 tonnes last October, against 15,599 in October 1977. Disclosing this, the International Tin Council's February statistical bulletin reported that September production was 15,999 from 14,699 In 1177 and in Angnst It was 15, CM against 15,199Reuter - 413 words
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729 1979-03-02 4 Reuter WORLD stocks of major food oils and fats, excluding butter, olive oil and sesame oil are expected to rise during the second half of the season by around 345,000 tonnes as of next October 1 against an anticipated decline of 105,000 tonnesReuter - 729 words
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Article270 1979-03-02 4 THE SINGAPORE rubber market yesterday opened fractionally lower, then recovered and firmed some 3.75 cents on upcountry and speculative buying before falling back slightly towards the morning close when buyers withdrew. Trading remained nervous due to uncertainty over the political situation in Indochina, dealers said. The morning market was270 words
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Article384 1979-03-02 4 Prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b 253.00 254 00N 253.00 254 00N Int. 1 R.S.S. March 253 50 254.00 253.75 254.25 Int. 1 R.S.S. April 255 00 255.50 255 00 255 50 Int.384 words
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Article123 1979-03-02 4 NOON SSH awl SMR UTHT* vesierdav: RAS Marck April (Curreat Mtk) (Forward Mik) ssh Bayers Sellers Bayers .Hellers 11-tiA pallet* 244 00 246.00N 245 00 247 OON SSH M 11 lim ptllHI 241.00 24.100N 242.00 244 OON MRF.LB SMR <*v 11-IINI pallet 1 ***** 259 OON *****123 words
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Article68 1979-03-02 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Wed Previous Malaysian 5*ffa bulk per tonne April unch OMslr Sumatra 5* ffa bulk February 720pd 725pd March 720pd 722' i/720pd April TlOpd TOOpd May unch 602'>pd June unch 700slr July unch 685/882'«pd Nigeria 5%68 words
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Article732 1979-03-02 4 OILSEEDS: Brokers reported generally subdued and slightly easier oils and oilseeds market yesterday. Early trade in Dutch soybean oil was reportedly confined to a May/July delivery at the slightly cheaper rate of 131 guilders per 100 kilos but little buying support was reported for other edible oils. Soybeans732 words
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Article151 1979-03-02 4 TRADING on the sugar futures market yesterday continued the recent very quiet trend, with no lots traded as Wednesday, dealers said. Near May was quoted at 8.80/8.90 US cents against 8.59/69 previously while July was quoted at 9.08/9.18 against 8.88/8.96, they said. TaUU Sales: Nil (prev 8 Cotton151 words
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Article, Illustration1167 1979-03-02 4 Reuter THE US Congress is considering new increases in sugar prices even though government actions have already forced up consumer sugar prices by almost 10 per cent in the last year. The House of Representatives agriculture committee arranged to hear testimony next TuesdayReuter - 1,167 words
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Article72 1979-03-02 4 THE STRAITS tin price in Penang yesterday rose Ms 26 to $1,921 per picul, to stand 1221 above the International Tin Agreement ceiling. A sharp reduction in tin ore supplies by miners and continued buying were the main factors behind) the rise despite easier London on Wednesday, dealers72 words
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Article30 1979-03-02 4 Rubber: March 1 Singapore: March: 253.75 cents (up two cents) Malaysia: March 256.00 cents (up 2.25 cents) Tin: $1,921 (up $26) Official offering: 150 tonnes (down 93 tonnes)30 words
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Article111 1979-03-02 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from March 1 until further notice: Rabher: 248? cents a kilo; Capra: M 51,306.24 a tonne; Cride palm *11: $1,528.4328 a tonne; Pi-tee—od palm all: $1,359.2560 a tonne; Palm keraei: $955.75 a tonne; White pepper: $4,652.52111 words
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Article154 1979-03-02 4 WHEAT futures in Chicago on Wednesday posted mixed results at the close, gaining 6'j US cents to 3/4 cent a bushel in nearbys but ended unchanged to a fraction lower in deferreds. Traders attributed strength in front months to local and commission-house buying encouraged at least partly by light154 words
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Article334 1979-03-02 4 GENERALLY quiet conditions prevailed at the Singapore produce market yesterday. Overseas buying interest was minimal and confined to only one or two commodities. The demand for copra and coconut oil remained good. Right now, most dealers reported that there were more buyers than they could cope. Fresh sales334 words
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Article292 1979-03-02 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 pet first class (Kangaroo) new crop 0.36. 100 pet second class 0 85. 100 pet third class 0.83. 25 pet new crop no stock. B-10 pet 0.75. THAI BROKEN: A-super 0 62. Special 0 56 THAI RICE292 words
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Article220 1979-03-02 4 UNCERTAINTY over the US Commerce Department's revised system for computing the trade deficit caused Chicago soybean futures to swing widely before closing lower on Wednesday. Prices ended five to three US cents a bushel lower in all but three deferreds, which retained gains of 1/4 to one cent. Aided220 words
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Article193 1979-03-02 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Ca4tea yara: China Blue Phoenix 20b 2.375; 32s 2.920 40b 3.100 (per bale of 400 lbs). PWw* China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly unq;193 words
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Page 4 Advertisements
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Advertisement145 1979-03-02 4 hJ±r ml Uy-MT IS^' PAUL THEROUX A sequence of twenty episodes in the life of Ayer Hitam in Malaysia, seen through eyes of the resident American Consul, y. The whole spectrum of life in Malaysia r is echoed, from adultery to murder, from ghost stories to the vagaries of diplomatic145 words
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OVERSEAS
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601 1979-03-02 5 Reuter DESPITE a trade deficit of US$3.l billion(Ss6.B billion for January the widest gap between exports and imports in 11 months,— Treasury and Commerce Department economists still maintain that there would be a substantial improvement in the accounts this year. The excess of importsReuter - 601 words
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Article339 1979-03-02 5 Reuter SCOTLAND yesterday wrote a new chapter in its history at a referendum over home rule which could jolt the whole structure of British government. Nationalists hope that if Scots vote "yes" to the proposals to establish their own assembly in Edinburgh, it will eventuallyReuter - 339 words
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259 1979-03-02 5 PRIME Minister Morarji Desai's government presented to parliament a record expansionary budget of 185.26 billion rupees (5550.9 billion), with special concessions toj farmers and huge outlays for industrial development. Defence spending was set at 30.5 billion rupees, an increase of 7 per cent in the259 words
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Article722 1979-03-02 5 ARRIVALS Service Local Operator Number Time From PAL PR501 1135 MNL GIA GA982 1200 HLP SN SN287 1200 BRU/DXB/BKK SIA SQ240 1210 MES SLA SQ63 1215 MNL SIA SQ201 1245 HLP KLM KL833 1245 AMS/ATH/ KHI CMB THAI TG413 1250 BKK MAS MH684 1250 KCH SIA SQ91I722 words
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Article, Illustration199 1979-03-02 5 THE FIRST commercial airship to be built in Britain for nearly 5t yean made a successful St-mlnote maiden (light from Cardington in eastern England recently. One of 22 being built for a Venezuelan company, it is seen here moored outside the airship hangars where the famous199 words
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210 1979-03-02 5 Reuter ITALY'S political crisis still looks set to end in early general elections despite efforts by Premier-designate Uglo la Malfa to find a compromise among the parties. Mr la Malfa, who took over after outgoing Prime Minister Giulio Andreotti, had spent three fruitless weeksReuter - 210 words
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WORLD IN BRIEF
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Article619 1979-03-02 5 Agencies THE STARS and stripes were raised over the first American embassy in China in 30 years yesterday, officially signalling a new era in relations between Washington and Peking. The Star Spangled Banner was played over a tape recorder as the American flag was hoisted overAgencies - 619 words
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294 1979-03-02 5 NYT CANADA'S National Electricity Board has agreed to increase natural gas exports to the United States by 28 per cent, an increase that would help Americans in their search for energy in the wake of Iran's cutoff of exports. The board's decision, whichNYT - 294 words
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Article185 1979-03-02 5 AFP THE AJ9OO million (SS2.I billion) uranium mine at Yeelirrie in Western Australia owned by Western Mining Corp has been given environmental approval by the state and federal governments. The way is now clear for a large-scale pilot plant to be built at Kalgoorlie to treatAFP - 185 words
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Article162 1979-03-02 5 AFP CHINA has for the first time agreed to grant supplier's credit to a Philippine papermanufacturing company to set up a pulp and paper plant. President-board chairman William Tiosic of People's Paper Mills said in a published report the stateowned China National Machinery Export-Import Corp (Cnmeic)AFP - 162 words
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Page 5 Advertisements
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Advertisement74 1979-03-02 5 ODESSA OCEAN LINE a regular service of Black Sea Shppnf Company RELIABLE CONTAINER SERVICE direct from SEAsian ports to North Continental ports and Vise versa. PETR STAROSTM 2CW/79 GENOA I 2CW/79 15-3 16 3 HAMBURG*/BREMEN/ TERDAM/ANTWERP/I£HARVE/AVOUNMOUTH (UK) •Also accepting containers to Copenhagen. Gothenburg. Oslo with tranship ment at Hamburg. SINGAPORE74 words
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Advertisement106 1979-03-02 5 For the man who knows Our male customer* don't need to be shown the best. They alreedy know whet is the best. They know that Americeya has the finest of imported shoes, which are made of the finest leather available, by the most skilled of craftsmen and at duty free106 words
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470 1979-03-02 6 SIME Darby Holdings' latest and, by its own wishes, last bid for Guthrie Corporation looks like a winner and deserves a chance to succeed. The entire package has been designed to take into account every conceivable objection that can be raised, or has been470 words
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312 1979-03-02 6 SINGAPOREANS, along with people from all parts of the world, are beginning to realise just how useful a hedge gold can be. All the ills plaguing the world today wars, inflation, monetary merry-go-rounds can, to some extent be alleviated by investing in the312 words
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Article, Illustration977 1979-03-02 6 In Singapore, where full employment has almost become a mundane matter of fact, the plight of the unemployed often seems distant. And yet, in the Philippines, unemployment figures are steadily climbing each year, and the government has already embarked on a deliberate policyFT - 977 words
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Page 6 Advertisements
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Advertisement254 1979-03-02 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 401 Macpherson254 words
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Page 6 Miscellaneous
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Miscellaneous48 1979-03-02 6 THIS muST Be Voufc UJCKNf DfV"/ —VCMLFM THC ftuTumN or thc CM Moose jcm f\rr IT Otf Tue OTH&R OFTv4G,DeS<,PLCBSt. NOT ruCTi-^ F\*****» \M THPTT PP<Tc,w\ Of e>R«G»HT LSutinGWT... J bnytv-mng etse 11 CPtfsj do ficß L wou > ra PLBCC SH?ONG> CPLPVDS ON TCP f\ND STPVND ueu> 6PC*48 words
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Miscellaneous780 1979-03-02 6 Unmerry Widow MAKE IT a pelat ink* Ktna tuiifct a* fmm la tke reewt hw la Malaria ea Mttagaaltem appear hefere the TV camera* t* eaee acala alght's ilseaaslea ea Effective eaa It he achieved?" Beanaia la treat at year aet aa Neva tahea yea la teat la wan aai780 words
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Article, Illustration1856 1979-03-02 7 JIMI NGOH - The barely concealed disbelief expressed by the Sime Darby board of the revaluation carried out by a leading Malaysian quantity surveying firm of the estates of Guthrie Corporation early last month has brought to the fore the whole question1,856 words
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Article445 1979-03-02 7 BARRACUDAS, beware! Tourist guides could be in for a shock. I hear a number of them have been smitten by guilt and are considering it would be more ethical if they informed their cash-laden tourist groups of the fact that the guides collect commissions on most445 words
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857 1979-03-02 7 FOBUM, ...with John Drysdale L. A There was an extremely interesting article recently in the Feb 23 issue of Financial Times on how Americans are learning to live with inflation. It was by Stewart Fleming and John Wyles reporting from New York. It857 words
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Page 7 Advertisements
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Advertisement337 1979-03-02 7 and where to entertain c Lite up your life at Vanda Live it up at the newly renovated ▲flpv Vanda Bar Styled for comfort gptaSL and good cheers yjn ki q? Sing along with our resident duet George David to your favourite request Happy Hours from 5p m -8p m337 words
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INTERNATIONAL STOCKS
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534 1979-03-02 8 Reuter BRITAIN'S biggest industrial combine, Imperial Chemical Industries (ICI) saw its profits cut by £62 million last year, the company announced. This is the second year running that the group has had its earnings fall, and prospects for 1979 have already been clouded byReuter - 534 words
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Article346 1979-03-02 8 Reuter CHRYSLER Corporation, which has been suffering setbacks in profitability and share of market, has reported a profit for its fourth quarter compared with a loss for the corresponding year-ago period. The third largest US car maker said it made a profit of U5543.2 million, or 61 centsReuter - 346 words
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Article155 1979-03-02 8 PRICE increases ranging from 5.5 per cent to 13 per cent have been announced for some Fiats sold in the United States. Fiat of North America said the increases affect Fiat's Brava "family car" and the Xl-9 and Spider sports cars. The sticker prices on155 words
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Article174 1979-03-02 8 Reuter TOYOTA MOTOR said its vehicle production in the next three months may fall substantially from the peak level in the same 1978 period. It declined to elaborate, but the Japanese financial daily Nihon Keiza| Shim bun reported production in the period will fall by 10Reuter - 174 words
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116 1979-03-02 8 Reuter AMERICAN Motors has said four-wheel drive vehicle sales in North America will exceed one million this year against 200,000 a few years ago. At the Geneva motor show, AMC president said the company doubled its jeep volume in Europe last year. It expectsReuter - 116 words
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Article82 1979-03-02 8 Reuter SUMITOMO BANK and Bank of East Asia said they decided to terminate their joint merchant banking venture. In a statement, Sumitomo said the reason for the move was to allow both banks move flexibility in operating their merchant banking activities. Sumitomo Bank has purchased BankReuter - 82 words
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Article40 1979-03-02 8 HARBOUR Engineering Co Ltd said trading in its rights issue of 32.4 million new nominal 50 cent shares started on Tuesday in nil paid form. The one for one rights issue at par was to raise HKJI6 million.40 words
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Article1290 1979-03-02 8 NEW YORK BARGAIN hunting after Tuesday's drop and some potentially good news about oil prices and West Asia kept stocks afloat on Wednesday. but investors saw nothing to spark a rally. Analysts said investors were encouraged by President Carter's announcement after the close on1,290 words
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Article219 1979-03-02 8 FEB 28 AhlUN MS Alr»n 42 Alfoma 27S Bank Mont 24 > -H Bank Nova Scotia 24 S Bell Tel M Beth Corp BP Can Ltd 23 s ■mm—mm 22 unch Camp Red Lake 40* V Can Imp Bk 28 Canpac 24 S unch Canpac Inv Pf MSB unch219 words
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Article322 1979-03-02 8 FEB 28 Rand INDUSTRIALS a Alpha ISO unch A ber com 235 -5 AE And CI 410 •IS AM1C 1300 unch Rarlnw* 547 42 Cf Sugar 000 CNA 200 -5 Currte Finance 92 unch De Beers Ind 1S00B unch Edcon 300 unch Edgars ***** unch Eve ready 280B unch322 words
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Article640 1979-03-02 8 TOKYO THE NIKKEI Dow-Jones average yesterday posted the sharpest drop this year and below the 6,000-yen level for the first time in about two months owing to news that Russia may dispatch its volunteer army to Vietnam to help in the current fighting against640 words
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Article394 1979-03-02 8 Source: Sun Hong Kai Securities THE MARKET reacted unfavourably yesterday morning to the Hongkong budget, rumours of direct Russian involvement in the Sino-Vietnam War, the stock market fall in Tokyo and the weak Hongkong dollar With the Colony's Financial Secretary implying that higher interests were to follow by aSource: Sun Hong Kai Securities - 394 words
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EUROPEAN MARKETS
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Article94 1979-03-02 8 FEB 28 Fr» FORWARD MARKET Acec Arbed Altur Brucan Bru-Lamb Canpac Cock De Beer* Ebe» Electrobel Ob-In no-Bra Oe* Hobok Petro Rjrl Dutch Sid ro Soc Oen Belg Softna Solvay A Tanks U liln V Mont 480 2350 580 SfiO in 000 soo 221 2465 seac 2500 1310 313894 words
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Article190 1979-03-02 8 FEB a Francs Actions Suisse* an 1 Alusulsw Br. Alusu Re| 1375 -i Brown Bovrnl Br ZZ laao unch Clfc» Or 1(7 Br. 1230 •10 Clba Or ic PCns tinch Clbi Gel(j Rn Credit Suisse Br ma 2310 unch 10 Credit Suisse Hef 442 3 ElekirowmU Br. 3D10 *20190 words
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Article211 1979-03-02 8 F EB a Did A*f-Tel»funken Akto All* Ltton 6600 M10 mo oo ■41 All* Veri 4S1 00 -j BASF Bay H T Wbank Baj Vbank Bayer BUT BMW Caiaella Cti»m Vcrw 13SJ0 m DO SMJO 13# TO 296 00 mm mao SM30 -•J -1 -0J -13 -u •13 Comm»nb*nk211 words
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Article193 1979-03-02 8 FEB 21 Pis ABN 352.00 unch Ahold 11S JO Akso 10 JO •LI AMEV 1 80 60 Amfii 100 00 •15 Amrot Bank 7510 -01 5450 -15 But* >14 «oU 1 MJO 4J IVnititlj 157 JO -5 Burhm&nn 7100 -0 7 Bjrenkorf J Caiv* Delft *00 moo -0J 4-1193 words
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Article47 1979-03-02 8 f*eb a Ur* Alloc Oen a moo -13 100 Baatofl Ontrmle n»t JM *M0 mo *32 38 -3D Firuxter 1M 1 On lmmob 75 tU in w luicemenu an WW -n *106 Ilaltai otn •U5 Italatdcr Macnetl M PI Mfcrrlli Ere mj» M* an UJS OS47 words
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Article187 1979-03-02 8 Reuter COMMERCIAL Union Assurance said underwriting was restored to profitability in 1978 following a profitable third and fourth quarter. In a statement accompanying 1978 results, it said this result was reached after a release of £2.4 million from the extreme weather provision arising from an unusuallyReuter - 187 words
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Article259 1979-03-02 8 MAR 01 Cenu INDUSTRIALS A. C. I 183 unch A. N. L rm 1 A P M la unch A IT) po! Pf I B H P 75 1075 -4 20 Bank NSW 350 8 Bora) 235 .j Brambles 117 C. B. A. 258S C. 8. R. 300 10259 words
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Article229 1979-03-02 8 MAR 01 Bahu Asia Credit 362 unch Asia Fibre Ayuthaya Inv And Trust 247 -2 Bangkok Investment Bangkok Bank Bangkok Drying And IZ 380 6 Bangkok Insurance Bangkok Metropolitan Ban 1182 40 Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd 210 240 282 -10 2 4-4 Bat* Bern229 words
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Article96 1979-03-02 8 MAR 01 Pesos Aco)» Mining .01 unch AUaj Con. A Alias Con. B HZ 2S.OO •7 Bagulo Gold .0105 -0D005 Benruet Con. B ztso unch BF Goodrich 23.50 -0 1 CDCP 21.S0 -Oil Inco B Landoll Lepanlo B 17"' 2» OM005 Marlnduquc B f 00 ♦0L25 Meralco 22.90 0396 words
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Article60 1979-03-02 8 FINANCIAL TIMES INDUSTRIALS Wednesday 481.8 Tuesday 4TB6 Week Ago 456.9 DOW JONES AVERAGE INDUSTRIALS Wednesday 806.82 Tuesday 807.00 Week ago 834.55 LONDON DOLLAR PREMIUM Wednesday IB lo89 Tuesday 91 to 91'* H.K.HANG SENG Thursday 517.34 Wednesday 520.87 Week ago 515.95 SYDNEY INDUSTRIALS Thursday 488.74 Wednesday 485.29 Week ago60 words
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Page 8 Advertisements
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Advertisement396 1979-03-02 8 KILLING TIME by Sandy Fawkes Sandy Fawkes felt like screaming inside. The man she'd spent si x 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 killer396 words
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BANKING AND FINANCE
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603 1979-03-02 9 Reuter THE NEW outline of longterm Federal Reserve Board monetary policy commits the central bank to what Fed chairman William Miller calls a "prudently restrained" policy, analysts say. After a year of spotty success, several analysts say, the Fed has finally succeeded in bringingReuter - 603 words
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Article254 1979-03-02 9 NET purchase of Japanese bonds by non-residents in January rose sharply to US$96O million from $311 million in December. Disclosing this the Finance Ministry said this followed the partial relaxation of Japan's ban on non-resi-dent acquisition of Japanese bonds from Jan 23. Foreign purchases of bonds in254 words
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Article57 1979-03-02 9 FIFTY-FOUR lots of used motor vehicles, plants and stores will be auctioned on March 9 at 10 am at the premises of Messrs Cheong Koon Seng and Co (Pte) Ltd, 58 Market Street, Singapore 1. The items can be viewed from March 6 to 8 inclusive, during57 words
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338 1979-03-02 9 AMERICAN Express anticipates a tightening of international liquidity and credit markets in 1979-80, a reversal of the conditions of massive liquidity which prevailed in 1977-78. The tightening of liquidity will be aggravated by the bunching of maturities of the external debt of the nonoil developing338 words
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MONEY AND EXCHANGE$
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Article473 1979-03-02 9 FOREIGN exchange markets yesterday saw a great deal of nervousness as dealers failed to put a firm interpretation of latest US trade statistics. Latest trade figures derived from a new formula show higher deficits but on the old basis of calculation look substantially less than the previous month's.473 words
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Article21 1979-03-02 9 THE average rate a which Singaport banks are currently prepared to lend ti their best customer! is 8 per cent.21 words
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Article141 1979-03-02 9 Asian rates ASIAN currency deposit interbank rates as at close on March 1: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US DollarotSpot) Offer Bid 10'• 10'. 10'j 10'10T 10 1015/16 10 13/16 115/16 113/16 11'. 11'. 115/16 111/16 1 month 3 months 6141 words
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Article50 1979-03-02 9 Range of price* offered by discount house* on March 1: Overnight 4' Call deposits 4' to 4' Closing Buying Selling 3 month Treasury bills 4 7/16 4 5/16 3 month Bank bills 7'. 7'. 3 month CD 7'. 7'. 6 month CD 7'» 7'. Source: National Discount Co Ltd50 words
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Article70 1979-03-02 9 QUOTES on the Australia and New Zealand exchanges on March 1: AUSTRALIA US dollar ***** ***** Sterling 0.5598 0 5633 Ninety-day airmail buying rates: Sterling 0.5829 US dollar 1.1701 Ninety-day forward buying rates: SterlingjO 5«64 US dollar 1.1388 NEW ZEALAND Reserve Bank midrate US$l 0556 Trading Bank indications: Sterling70 words
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Article57 1979-03-02 9 FRANKFURT exchanges opening quotes on March 1: US ***** 15(1 8508 18) Can 1 5535 55 Stg 3.743 53 Dn 92 48 58 S Ft 110 30 70 |jt 2.198 206 F FY 43 30 40 N Kr 36 35 45 B FY icon) 6.323 333 B FY <57 words
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Article356 1979-03-02 9 SINGAPORE gold futures yesterday closed generally lower after fluctuating widely throughout the day, dealers said. Trading was very active throughout the session and a record turnover of 606 lots was reported, surpassing the previous high 578 lots of Feb 9, and Wednesday's 170 lots. They added that the market356 words
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Article281 1979-03-02 9 THE DOLLAR yesterday firmed in moderate trading against all major currencies on a favourable assessment of US January trade data published late yesterday, dealers said. They noted the January trade deficit on the old reporting system at US$l.BB billion was slightly better than market expectations around ts2 billion, compared281 words
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Article158 1979-03-02 9 THE US dollar yesterday maintained the stronger tone set in the morning on commercial demand, but the market remained nervous about China /Vietnam border war developments, dealers said. The US currency was quoted at 1.8495/05 marks against the morning's 1.8475/85 and also rose to 202.55/70 yen against 202.30/ 40.158 words
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Article120 1979-03-02 9 THE US dollar for overnight delivery yesterday closed firmer at 202.60 yen, compared with a 202.30 opening and 202.35 at Wednesday's close. The Bank of Japan sold an estimated USS3O million at around 202.60 yen to support the yen, dealers said. After opening firm, the dollar rose refecting tight120 words
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Article, Illustration301 1979-03-02 9 SINGAPORE booked a record amount of Eurocurrency loans last year, but its share of the world-wide Eurocurrency market changed little. In the March issue of The Banker, Mr. David Ashby, senior economist of Bankers Trust Company, said the world-wide Eurocurrency grew 20 per cent last year from301 words
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506 1979-03-02 9 Reuter THE gold market will remain very volatile in 1979 with no reduction in speculative activity, even in a period of relative political stability, Samuel Montagu and Co Ltd says in its annual bullion review 1978. Montagu says the market has not been testedReuter - 506 words
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Article, Illustration256 1979-03-02 9 Reuter HONGKONG'S Flaaacial Secretary Philip HaddoaCave (above) it prep—lag iatrodaeiag a bill to amend the Exebaage Faad Ordlaaace. 11m faad's short-term Hoagkoag dollar deposit* will be deemed deporits from a baak aad thas sabJeet to fit 1M per eeat Uqaid assets reqalremeat, beReuter - 256 words
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Article341 1979-03-02 9 THIS column which begins today, and which will appear every Friday, is a convenient excuse for Business Times to bring you the latest gossip in the financial market both locally and abroad how your competitors are performing, interesting staff changes, new visitors to the island, in-house forecasts for341 words
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Article195 1979-03-02 9 Reuter AVERAGE effective yields on US Treasury bills rose to 9.451 per cent for threemonth bills and 9.496 per cent for six-month bills at the latest weekly auction. The Treasury added the rate on three-month bills rose from 9.293 per cent at the previous auctionReuter - 195 words
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Page 9 Advertisements
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Advertisement250 1979-03-02 9 Mathematics and Statistics in Penguins Mathematical Carnival: Martin Gardner A piece of solid iron in the form of a doughnut is heated. Will the diameter Qf its hole get larger or smaller? Just one of the maddening but uniquely entertaining puzzles that make up Martin Gardner's latest collection. The range250 words
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DEALS DONE ON THE SES AND KLSE
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Article1182 1979-03-02 10 BID and oiler prices officially listed and business in and reported to the Slock 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 deals1,182 words
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Article150 1979-03-02 10 4 1/21 18 HO (250.000) (99 408 *****) 4 3/41 15 9 80 (250.000) (99 658 99.758) 5 1/41 1/3/81 (250.000) (100 258 *****S) 51 T F 1/5/83 (250.000) (*****8 100 20S) 5 3/41 T F 15 6/81-84 (250.000) (102 30S) 51 13/11/84 (250.000) (*****8 100 OSS) 71150 words
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Article97 1979-03-02 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. CM Store (March $1.80) (0.318 0.375). Hum* F E (March $1 45) (0 28897 words
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Article159 1979-03-02 10 SINGAPORE UNIT TRUST INCOME ROND UNIT (NsMfciv' pritc far Ma IT 2) (Cairsat pi teas) The Commerce 2 09 2.2] Income Bond 1.14 1.20 The Saving Fund 1.22 1.29xd S pore Prog Fund 0.91 0 96 S pore Sec. Fund S pore Invest Fund 1.70 1.1S 1.80 1.25159 words
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Article2544 1979-03-02 10 Gr'a Gr'a Net 1 ¥78/78 Last Div Div Y'ld P/E Vol Day MI(II u>w Company Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIALS 272 132 Acma 222 12.0N 1.3 5.4 24.1 190* 123* Alcom 188 -1 100 2.2 5.3 13.9 1 188 188 178 107 Allied2,544 words
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Article1528 1979-03-02 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. INDUSTRIALS AJteamato (2.628 2 70S) AJcam (I MS) ACkae (1 18B) (1)1,528 words
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Article123 1979-03-02 10 Ye* Hiap Seag: AGM to be held at 11th Floor, Shing Kwan House. Shenton Way, Singapore at noon tomorrow. CsassllOted Hotels Ltd: AGM to be held at 5th Floor, Peninsula Hotel, on Mar 16. Ula Beast Caasalldated lads* tries (M) BM: AGM to be held at Pinji Estate,123 words
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Article, Illustration782 1979-03-02 10 SHARES were aace again on the slide In very qalet and featureless trading at the Stack Exchange of Singapore yesterday. It was mast distressing ta watch valnes (ailing (airly sharply In the absence of selling pressure. Moat of the gains recorded the day before782 words
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449 1979-03-02 10 AFTER three sessions of marginal improvements, prices on the Kuala Lumpur stock market yesterday dipped slightly in continued sluggish trading. The selling, felt most during the early part of the day, was light and prices recovered slightly in the afternoon to close at the449 words
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COMPANY NEWS
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Article, Illustration921 1979-03-02 11 MANO SABNANI - By MANO SABNANI AS ANTICIPATED, Sea View Hotel has pulled itself into the black in the current year but the surprise element in the results just released is the strength of the recovery. For the first six months to end-December 1978, the group921 words
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Article, Illustration991 1979-03-02 11 ARTHUR NG - By ARTHUR NG THE SCINTILLATING performance as revealed by the largest of the local hotels the 824-room Hyatt for its operation last year shows that it can play the game as well as the big names in the industry. Gross operating profit991 words
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Article347 1979-03-02 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year STP (1975) 12.5% Feb 13 Feb 20 Mar 2 22.5% 20%(a) Time* Pub 15% Feb 13 Feb 20 Mar 2 22 5% 19.6(a) YHS 19.1%(d) Feb 14 Feb 21 Mar 9 19.1%347 words
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Article98 1979-03-02 11 Company Particular* Ex Dale Books Close Sel Nut Nat Iron P. Products Toshiba Rovis SEA Bonus Issue of 2 for 3 Bonus Issue of 1 for 2 Bonus issue of 1 for 4 Rights Issue of 3 for 2 $150 per share Rights Issue of 3 for 598 words
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Article290 1979-03-02 11 MR MARK GENT has been named Guthrie chairman to succeed Sir Eric Griffith-Jones, KBE, CMG, who died in Britain on Feb. 13. Mr Gent was appointed deputy chairman of the corporation in August 1977. In his 25 years with Guthrie, Mr Gent has had a290 words
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Article309 1979-03-02 11 IB by HOCK LOCK SIEW THE RECENT spate of good rcnlti from betels seems to Justify the rather high rating generally given to this sector. While Industrials u mensnred by the Straits Times Industrial index declined by nearly II per cent since the start sf theby HOCK LOCK SIEW - 309 words
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Article204 1979-03-02 11 DUNLOP ESTATES: Pretax 1978 profit of MJ32.7 million ($32.0 million). Bonus issue one-for-five, raising issued capital to $72 million from $60 million. Final dividend 17 per cent gross (20 per cent) plus special dividend 3 per cent gross on enlarged capita) following bonus issue payable on May 25, making total204 words
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Article277 1979-03-02 11 SHOULD Sime Darby's bid for Guthrie Corporation succeed, Sime shares should be re rated dbwnwards, at least in the short term, against the combined group's high gearing and its greater involvement in the plantation industry. This is the view of Laurence, Prust and Company of London.277 words
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Page 11 Advertisements
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Advertisement24 1979-03-02 11 Available at: Robinsons, Specialist Centre Robinsons, Clifford Centre MPH-Stamford Road. Red Carpet Room MPH-Robinsons Road Times Orchard Centre, Lucky Plaza Yapmaya Bookshop, Plaza Singapura.24 words
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401 1979-03-02 12 UPI Reuter CHINA IS reinforcing its troops in Vietnam, and the scale of the war is growing, according to a ranking spokesman for Vietnam's Communist Party. Xuan Thuy, chief of the international affairs office of the Vietnamese party, made the statement in anUPI; Reuter - 401 words
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200 1979-03-02 12 Reuter UPI INCREASING uncertainty on the Tokyo Stock Exchange about Soviet intentions towards the Sino-Vietnamese conflict yesterday wiped nearly IN points off the market average. Dealers said the average fell 87.32 points to close at its lowest rate this year of iJISM following massiveReuter; UPI - 200 words
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Article, Illustration329 1979-03-02 12 Reuter CHINESE Vice Premier Li Hsiennien said Peking's forces had dealt fatal blows to Vietnamese regular units and were close to achieving the goals of the 13-day-old operation. Mr. Li also told British journalists China would again attack Vietnam in future if Hanoi staged "provocations" on theirReuter; UPI - 329 words
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Article282 1979-03-02 12 Reuter JAPAN'S Export* Import Bank said it will adhere to its position that its credits to China must be in yen and not US dollars as requested by Peking. A bank spokesman said negotiations in Tokyo between the Exim Bank and a Bank ofReuter - 282 words
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Article249 1979-03-02 12 Reuter PRESIDENT Carter has approved the addition of 19 items to the generalised system of preferences (GSP) and deletions of four, the Office of the Special Trade representative announced. The additions include tungsten ore, ferrotungsten, stainless steel wire strand and stainless steel strand and rope. LeatherReuter - 249 words
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Article266 1979-03-02 12 OIL companies in Malaysia are optimistic that the disruption in Iranian oil supply will soon be over. However, they will continue to monitor developments in the Persian Gulf, which supplies almost 84 per cent of Malaysia's oil. A spokesman for Esso stressed that the company will266 words
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Article892 1979-03-02 12 LONDON, Thurs. Market prices today closed lower on profit-taking, with the cut in the Bank of England's minimum lending rate to 13 per cent generally discounted, dealers said. At 3 p.m., the Financial Times index was down 4.0 at 477.8. Government bonds finished up to one point lower892 words
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548 1979-03-02 12 UPI THE US Administration is more worried about the rise of oil prices than the tight supply of crude, sources close to Washington said on Wednesday. The shortfall of supplies due to the shutdown of Iranian exports has so far only had minorUPI - 548 words
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Article163 1979-03-02 12 AFP PEKING'S recent moves to halt trade contracts with Japan appear to be due to the Chinese having second thoughts about their overhasty, disorderly ordering of the equipment, according to Japanese economic experts. The Sino-Japan Trade and Economic Specialists advanced that explanation for the recent series ofAFP - 163 words
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Article242 1979-03-02 12 PURGES in the senior ranks of Iran's 430,000-man armed forces and talk of a "Peoples Army" have left many junior officers and non-commissioned officers demoralised, bitter and fearful of their futures. In private conversations, several medium and lower ranking officers from all three services expressed fears242 words
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Page 12 Advertisements
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Advertisement104 1979-03-02 12 11 m Sime Darby Holdings Limited Adjournment of Extraordinary General Meeting At the Extraordinary General Meeting of Sime Darby Holdings Limited on Monday, sth March, 1979, the Chairman will propose that the meeting be adjourned to Monday, 2nd April, 1979. The adjourned meeting will be held at the United Nations104 words
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Advertisement202 1979-03-02 12 IT PAYS TO CONSULT INDCSUEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Today we are quoting the following for Singapore Dollar term deposits up to *****.000 1 month 5%% pjL 3 months 6V«% p.a. 6 months 6V«%p4L 9 months l%%pj. 12 months 6'A% p.a. Savings 4V«% p.a. We also202 words
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Page 12 Miscellaneous
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Miscellaneous57 1979-03-02 12 BMIttTiHiERI Outlook for Singapore from 6 a.m. to noon today: Windy. Report for 24 prior to 7.3# p.m. on March 1 at the airport. Maximum temperature 32.9 Associated humidity 50 Minimum temperature 23.4 Associated humidity 94 Hours of sunshine 9.25 Rainfall in millimetres Nil Total rainfall for the month Nil57 words
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SHIPPING TIMES
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PORTSIDES
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Article93 1979-03-02 13 AFP A FLOATING American department store will visit Japanese ports in October carrying highquality, American-made consumer goods to the Japanese market, US Secretary of Commerce Mrs Juanita Kreps announced in Washington on Wednesday. The basic purpose of the ship is to acquaint the Japanese consumer with the opportunitiesAFP - 93 words
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Article63 1979-03-02 13 Reuter SHIPPING movements resumed in the Port of Fremantle yesterday after maritime workers ended a strike which began on Monday, a port authority spokesman said. Speaking from Fremantle, he said the port's operations will be back to normal by the end of the day. There were sixReuter - 63 words
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Article100 1979-03-02 13 AFP THE tanker market failed to react on Wednesday to news from Iran that oil exports from that major producer are to start again on Monday after a two-month interval. Very little new enquiry for lifting oil cargoes out of the Gulf states area has been encountered,AFP - 100 words
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Article711 1979-03-02 13 RAHIM KASSIM - By RAHIM KASSIM THE astronomical increases in bunker charges last month, which have raised local shipowners' fuel bills by over 50 per cent, may force Pacific International IJnes (PIL) to withdraw its 10,000-tonne luxury Kota Singapura from its Singapore to Fremantle run. A spokesman for the711 words
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Article181 1979-03-02 13 UPI THE Far East looked neglected in terms of reported fixing due to negotiation difficulties arising from particularly tight bunker fuel supplies in that area. Period operations remained popular in the west where bookings included Cobelfret's payment of US$2.9O per dwt to the 73,040 dwt Dimitris A.UPI - 181 words
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Article, Illustration101 1979-03-02 13 LUBECK'S annual freight tarnover of nine million tonnes makes it West Germany's major Baltic seaport The ferry terminal at near-by Travemnnde, set np in IK2, is not only the gateway to Scandinavia and the Baltic; it is also the busiest in Europe. In 1977 there were more101 words
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3165 1979-03-02 17 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port3,165 words
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Article487 1979-03-02 17 Shlppiag Use PV Cai ACS n 5 Afea IV 3 Aguila IV 2 Alfred V 3 All trans IV 3 Alpac IV 5 Angkutan IV 4 ANL I 1 APL III 2 Arya Nat n 5 ASCL in 5 Asia Merchant IV 3 Atlas V 4 Aust.Cont IV Bank487 words
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Article933 1979-03-02 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 ShlDDlne Line/ Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the933 words
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Article903 1979-03-02 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— Con--1 tainer Feeders. AFEA Line— Singapore Shipping. Aguila Oriental—Same. Ahli Shipping— Sharjah. Alfred C. Toepfer Line—- Intermodal. Algerian National Line (CNAN)—Uni pacific.903 words
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757 1979-03-02 18 IN THE highly competitive international shipping scene, where the traditional doctrine ot freedom of the sea has been thrown to the winds, the most important challenge to the industry is the stance that governments will adopt in the next decade. Unless governments are prepared757 words
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Article482 1979-03-02 18 China, Hongkong, Korea and Greece will again dominate the sale and purchase market in shipping throughout 1979, figures in Lloyd's Shipping Economist magazine showed. But the flood of tonnage to the independent Hongkong shipping giants such as worldwide and C.Y. Tung is likely to taper off as482 words
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Article142 1979-03-02 18 AFP JAPANESE shipping industry leaders have urged Japan for early ratification of the 1974 code of conduct for liner conferences which is aimed at protecting and nurturing shipping enterprises of developing nations. Mr. Norihiko Nagai, president of the Japanese Shipowners' Association, said that the JapaneseAFP - 142 words
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Article, Illustration431 1979-03-02 18 EXPECTED ARRIVALS TODAY U7PEL WHARVES Arira (0600) 42 43 Barge S 51 (1000 after Fedor Petrov) 13/14 Botany Trust (after Feng Mao) 15/16 Caracas Maru (after Barge S 51) 13/14 Fortune Trader (0700 after Rotterdam) 45 Jurata (1100 after Letitia Lykes hauls) 33/34 King River (0600) 24431 words
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Page 13 Advertisements
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Advertisement702 1979-03-02 13 X& Europe Our Next Loader Port Kplang 20/3 Rinqapnro- 10/3 For further details, see page 3 JARDIM AN I AH r Jllv"* Orient Overseas Co*UciHeA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) S pore P Ketone Fstowt LeHawe R'dam H'buri Antwerp H UONG CONTAWE* 14RT g/3 9/3 29/3 25/3702 words
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Advertisement306 1979-03-02 13 UNITED ARAB SHIPPING CO (SAG) 11 All vessels ***** DWT, 105 TON H.L. Derrick I 288 TEU Capacity, Long Length Capability. ■ARABIAN GULF WEEKLY SERVICE I Vessel S pore Loading for n 6/7 Dubai (12/3), Abu Dhabi (15/3), Doha (18/3), Dammam (24/3), Kuwait (27/3), Mina AJ Fahal (2/4) Basrah (26/3).306 words
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Advertisement471 1979-03-02 13 NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) HK CONtMNtR* MERCATOR 0 CHIEF SS BRtOCE 12 Mar 13 Mar 17 Mar 18 Mir 23 Mar J 4 kbi 0 RESE ARCHER 29 Mar 30 Ma N CORAI 6 Apt 7 Apr C MUI471 words
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Advertisement868 1979-03-02 13 aw*' H e Australia Our Next Loader Port Kelanq- 17/3 Sinoannrp 14/3 For furtherdetails, see page 3 fend •nM Snipore Cton T»es "CY 4 Ma 07QQ An CfS 3 Ma 1900 Im FOR Tail Am (Honfkont *»■*< **eta*. Kaotow*) Upa. (lab* Kobe YotekMM PUfOM^Ts. a/3 22/3 21/3 23/4 11/4 19/4868 words
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Page 14 Advertisements
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Advertisement665 1979-03-02 14 FULLY CONTAINERISED TO EUK3PE f 7Zm Mitai (oMotM Bay iMtoilb My* BIT 10/3 19/3 21/3 26/3 a/38/4 7/4 Or M E4**» 11/ express conventional to e»8 fpn PI<N Pw tockmm 1//3 19/3 22/3 30/ Marßi 21; 3 23,3 28,3 24/4 26 FUllt CONTMOBED TO GEMM/TMESTE S'p« P. Mm( Genu Hatata665 words
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Advertisement482 1979-03-02 14 He£ borber blue sea Fmc IB ATLAWTK US OA/ I EAST CANADA Into Tan Apr U May 1 Mir ftp 17 *»T May V It M», I Mr 1 M» 7 Mil 1 *»r l« I M»2 6.35-36/Mf 4 Tr CANADA/USA Pacific jLJ 12-14/4 IS-H/4 I 12/ U-18/4 19-28/4 12/482 words
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Advertisement619 1979-03-02 14 r© EVERGREEN LINE FAR EAST/RED SEA MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE MSO ACCEPTMG CARGO FOR GENOA. LATTAKiA. BE RUT ALEXANDRIA. BENGHAZI. TIOPOU (LBYA) rpe» 'MM tat Utf Ummmt La*m fm m llii to mi 11 Iter 22 Mb 21 tor 2 V Tim"'*'* 2t Mr 4* 7 Apr M619 words
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Advertisement729 1979-03-02 14 Everett Lines Frw Star SfcippMfl Carp*. 'BURMESE NATIONAL LINE BfS S C Agents «i Motoyvo TEPS MALAYSIA Port K*tong Td (381-7355 Peooog Tel *****/***** CftNBpMBM ArfMtMM 0« M»W|ici»i IntarcontiaMUi S. A. C.I. F. "ARGENTINE NATIONAL LINE" Transport Meson Maritima Mcxicana S. A "MEXICAN NATIONAL LINE" fw "east/woco t centrm amemca729 words
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Advertisement777 1979-03-02 14 wrmtit T mo.s.E. OCEAN SHIPPING A ENTERPRISES PTE LTD /I RM 2102 ?103 21ST FLOOR MARINA HOUSfc JM SHFMON AAV MtSTRt ROAD SINC.APORF 2 VI TFI 220:144 7 ***** 70 <IO SANKYO LINE A A A A A A A AUSTRALIA SERVICE TWEE STAR.. •MY BREE2E MAT PRMCE 1 feiP«t777 words
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Page 15 Advertisements
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Advertisement639 1979-03-02 15 OCL. Overseas Containers Limited g»Wg TO UH/COCTOT: mni Span f Kela*g Omart Iran «M*> SMB HMx nMB Cflm*i€RSHlP SERVICE FROM UK/CONTHENT a■■ mri ks SINGAPORE MM6FKLO COMTAfO SERVICES. PTE LTD *****1 K LUMPUR CONTWO MEMOES *****4, PRELAW *****6/1 PtNANG GUTMfIE BOUSTEAO SMPPW AGEKCK 3(2301/3 sc Australia Straits Container Line A639 words
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Advertisement957 1979-03-02 15 GRANARD LINE NEST BOUND-FM EAST/MEDfTERRAICAN M y MM TAT V 279 MV MM M V MM.. PJlatant PM| 9 Mv Djibouti' MMi'P Sad Ateiiandria Bemt lattalua P« t«K T npok Bmfhan MOah/P Mm/ P MMMat* Beirirt Lmttol Lattakia Pirtaß/Tnpah/Beiwhan M.V. MM IMC VJM 29 Apr 2 May MM/P Satf AleiaiMria957 words
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Advertisement564 1979-03-02 15 FIT* BEN LINE CONTAINERS EXTKSS CONTAKR SERVICE TO/FROM EUROPE Cty t*M# CaJfcjnßjy tfBUK BHA«UI Gernuny AuMnj I [bproot hM M HAVRt SOI OK Funce AIUR PMN Spat F« JjM UM M P«rt »N BU W 4/3 4/3 mn* M M U/l tin SjM 11/3 13/3 hr vm M 16/3 U/3564 words
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Advertisement281 1979-03-02 15 r 1 Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE p i t»M7:4 'Tin i»; rrmi tata NMh null can *Ol f. UN dbact 8/4. EASTBOUND FROM MED/UK/NC/SCANDINAVIA 1) C'kan 7) Hta| 3) In* 4) lto> S) UH4) Vsnln PMm Spae MMM SM IPM VI tM ID NOOM laMd M SM281 words
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Advertisement542 1979-03-02 15 ,r GUTHRIE BOUSTEAD THE BANK LINE LTD LOADS FOR E. ft 1 tfllCII HOI CAST t SOUTH WWCA Spot 77/31 Mv P Mm« l/« Apr FOUBMGMX WM« -Nmi r UM| kPvty«fe> Sm M 19m Nna* P MMI S »*rt V 7 Mb LVKES ORIENT LINE EXPRESS SERVICE DBtECT FROM SMGAPORE542 words
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Page 16 Advertisements
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Advertisement975 1979-03-02 16 C K LINE KAWASAKI KISEN KAISHA. LTD. TO EUROPE Spore P Ketang 1 Havre R dam Hft ***** AMR 14V* Ml RiA I 0« 10W 0 CHKf I3W SS BRtOCf ?0W 0 S(Sf«(CH(fl6* 8 Mo' 9 Mat 12 Mat 13 i; Md< 18 Mar 23 M<*( ?4 Mar 29 Ma.975 words
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Advertisement846 1979-03-02 16 U.S.A./EAST CANADA SERVICE acceptbc fa/ia cam Mas from rows, r kelamg. stom im*ii hr new ran. norfou p*na«| Balawa* P Man| Seaport E.C./GHEAT LUKES SERVICE LOAOMC FOR mm TOR*. WRfOU. BALTMORE PHRUCinW MONTREAL. TORONTO "VO MYSORE" (MSA SR SO) 17/U Ha 14/U Ma 13/14 lb 10/12 Ma CALIFORNIA/PACIFIC NORTH WEST846 words
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Advertisement493 1979-03-02 16 xr :r A inuin SINGAPORE SHIPPING AGENCIES PTE LTD .IAH> Nu 'tit- as S'<*- «S r > Hi,.. S„AI i MRA. N(s n A H '.AUsmi. i_Aßll AHCiObM P SI\<,AP()R! ISI.A XDS I MIDDLE EAST REGULAR LINER' tACt WAY TO SNIP BY SSA RCL Regional Container Lines WEEKLY CONTAINER SERVICES493 words
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Advertisement718 1979-03-02 16 m, MALAYSIA* »m*HAnONAI SHIPPING CO*PO*ATX)N BERHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANOINA VIA ■EST BOLD: feede. 'PMmt Yessel S pore 1 *Kn*« 2) Rdair 3) H bu'g 4) Gtwrg EIEANORA 3/3 MHON 10/3 25/3 30/3 1/4 FRANCESCA 10/3 KD DEM4A 20 3 3/4 S/4 10/4 U ELEANORA ?4/3 N HOORN718 words
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Advertisement889 1979-03-02 16 t INTRfISEfI (PTE) LTD. Fabpr House 234E Ochard Road Smqapore 9 Telephone *****11 *****57 Kol* MDEPEWEIIT SEM/FUU CONTAMER SERVICE TO EUROPE Sport P ttmi| fffljnj UtMg to Mil 21 Mar 24 Ma Rotterdam Mtmnp /Amu Til It mu 30 Ma 27 Ha Td Ha-Owi Rotterdam Mmi A«o*> Sk«apat MItASA (TO)889 words
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Page 17 Advertisements
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Advertisement232 1979-03-02 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DRECT LINER SERVICE TO EGYPT (PORT SAD ALEXANDRIA) IMMS SaM ftnh Mar 7 M* 26 Mar 31 Mai 20 in U *p> 19 May 10 May IS May 4 f Wfcfcct nducement JMP'MWS C«CO PUASE COMHCr SCHDKBI SMMPORE Til *****11 FROM EGYPT232 words
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Advertisement267 1979-03-02 17 g Seatrain Full Container Service to USA m store Mono *a hk om u gmj e/c 1/3 SuM MmnaEipreu |/J 13/3 31/3 20/3 1/4 11/4 MwifUm E.prm 13/1 Sufcw '"*•> Ihni 11/3 0«*« 21/3 i/a 7/4 ■</< ■>/< WnM 11/3 Wf. 37 /4 Fu# Container Service from USA I/C OW267 words
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Advertisement202 1979-03-02 17 Cm. KAMAM ROSMA TOPIC ALFRED C. TOEPFER LINE REGULAR SERVICE TO MEDITERRMCAN PORTS OF ITALY. SPAM. FRANCE TMBER SERVICE S'parc P. Kdanf OKdiarp* Ports 5 Mar I Mar Montatcone 12 Mar Vafcncia. Salerno IflTEßmODfit TRfIfIiPORT r+ wurmtmim EXCLUSIVE LASH SERVICE TO U.S. ATLANTIC GULF liy Pmmi f KcAjnf GKEM SIMSt202 words
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Advertisement224 1979-03-02 17 X SAIM ICk LINES I ITD bIHfIOOO ICR BIIIIDINC SMfNION WAY SINGAPOPf 1 HI 1 1 >n»»s Pott HeUng Agents M.irmetn (rtterpnses Stln BM .<B7fc% fr<*r C«pr«<4 jgtd WEST BOUND lOAONG FOR MUSCAT. DUBAI ABUDHABt. BAHRAM KUWAIT ETA ETD i oms rm n i J V *2« IS Mil U224 words
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Advertisement41 1979-03-02 17 NOTICE Tamuraevercll" Voy. 53-W Arrd: 24.2.70 Plitf of Svrvry: (win*. 3H/3W General Survey on damaged i-argo discharged ex the .1 hove vejwel will be held on 2nd March 1979 from 830 a.m. No lurther survey will be Im*M after UIM date41 words
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