The Business Times, 7 March 1979
1979-03-07
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The Business Times
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Title Section10 1979-03-07 1 BUSINESS TIMES M.C.(P) No. IM/1/7S WEDNESDAY, MARCH 7,1179 50 CENTS10 words
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BRIEFLY...
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Article100 1979-03-07 1 Reuter FUKUOKA, Japan, Tues. A flotilla of about 180 Chinese Ashing boats was reported at anchor near the Japan Sea island of Tsushima today, the Coast Guard at this south-western city said. Sightings of the Chinese vessels of between 100 and 120 tonnes, some of them apparently equippedReuter - 100 words
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Article61 1979-03-07 1 Reuter BANGKOK, Tues. Vietnamese-backed troops of the new administration in Kampuchea have been digging bunkers in the border town of Poipet which they caputred last Sunday, Thai officials said today. Poipet is in north-western Kampuchea, and until its capture, was under control of Premier Pol Pot's forces. ItReuter - 61 words
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Article71 1979-03-07 1 Reuter MANILA, Tues. China today praised both Asean and the South Pacific Forum as worthy efforts for collective self-reliance. Speaking at the 35th session of the Economic and Social Commission for Asia and the Pacific (Escap), Chinese ambassador Chen Hsin-jen said Asean had made active efforts toReuter - 71 words
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Article54 1979-03-07 1 Reuter JOGJAKARTA, Tues. Indonesia has agreed to support Malaysia in its efforts to establish the headquarters for the proposed international rubber agreement in Kuala Lumpur, Malaysian Prime Minister Datuk Hussein Onn said. He was speaking shortly before his departure for Kuala Lumpur after two days of talksReuter - 54 words
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Article87 1979-03-07 1 Reuter ABU DHABI, Tues. The oil market is likely to be soft for the next three to five years, with supply and demand then in balance for the rest of the period up to 1990 without a world oil shortage, Nouhad Baroudi, a United Nations economist, toldReuter - 87 words
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Article52 1979-03-07 1 UPI BANGKOK, Tues. Vietnam agreed today to hold talks with Peking if Chinese troops withdraw quickly, totally and unconditionally. An unusually mild statement by the Vietnam Foreign Ministry, read this evening over Radio Hanoi, said if China failed to withdraw, "Vietnam will mobilise the whole countryUPI - 52 words
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Article44 1979-03-07 1 AP NEW YORK, Tues. The stock market's big gains in yesterday's session ran into some resistance today amid reports of more increases in oil prices by Opec nations. The Dow Jones industrial average was off 0.52 to 826.84 in early trading. APAP - 44 words
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Chief Price Changes
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Article122 1979-03-07 1 Rises Most Active "Mala>an Tin 1350 50 Consplant 425.000 Con»plant W'rl# 426 34 H Par 207,000 157,000 Aver llitam Tin Sungei Besi 1200 740 30 15 S Darby UOB Br rjuntai 775 10 155,000 Traclors 530 10 Total Turnover: 4.77m Kothmans K»«o 285 402 10 8 Total Value: S11.62m122 words
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Article, Illustration153 1979-03-07 1 Rises Most Active Mai Tin 1350 40 H Par 326.000 Sthn Kinta Tractors Sthn Mai Tin 585 540 1180 35 20 20 Consplant S Darbv UOL 297,000 244,000 140,000 Consplant Wrts 430 18 N Iron 645 15 Total Turnover: 2.95m Kemayan 200 10 Total Value M$7.55m Utd Plant153 words
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Article754 1979-03-07 1 GOH ENG KEE - ANOTHER RECORD YEAR By GOH ENG KEE SINGAPORE Airlines (SIA) appears to be flying into another year of record growth and hitting the $2billion revenue mark. The airline reported total operating revenue for the first half-year (ended last Sept 30) increased by 33.3 per cent754 words
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Article242 1979-03-07 1 MALAYSIAN Prime Minister Datuk Hussein Onn indicated in Kuala Lumpur last evening that Malaysia might send a top-level mission to Peking to explore the possibilities of implementing the Asean call to end the Indochina conflict. The five-nation statement issued in Bangkok on Feb 20 calls242 words
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592 1979-03-07 1 MANO SABNANI - By MANO SABNANI SIME DARBY Holdings has purchased a further 9.9 per cent of the equity of Guthrie Corporation in the London market, bringing its total stake in the UK corporation to 29.9 per cent. A report from London indicated that the 2.94592 words
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Article200 1979-03-07 1 GERALD COLVERD - By GERALD COLVERD THE BATTLE for control of Guthries by Sime Darby will be won, or lost, in the stock market. Guthries' planned defence documents, including profit forecast for 1979, now appear irrelevant in the light of Sime's aggressive buying policy. The next key step emerges today when200 words
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259 1979-03-07 1 AIB LANKA will centra eaee lateraatieaal «P«nH»i ea Sept 1 with nbitutUl help frem Singapore Alrllaes. 81A will sign the agreement with Air Lanka to help It get «ff the groand shortly. SIA wUI aastot to areas saeh aa management, technical259 words
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471 1979-03-07 1 RONNIE LIM - By RONNIE LIM REX Industries said yesterday that its plans for a full-scale manufacturing plant in Singapore are well-advanced, with production scheduled for July/August. Rex, an automotive parts/electronics components producer based in Auckland, aims its production initially at the Southeast Asian market.471 words
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Page 1 Advertisements
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Advertisement36 1979-03-07 1 whatever you need in menswear,get it at... MOHAN'S DEPT. STORE (PTE.) LTD. 321. Orchard Road "W *****22 (next to Mandarin HoteO 101, langfcn Shopping Cantr* W *****40 Daily :9am-9 pm •SEE PAGE 5 •SEE BACK PAGE36 words
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Advertisement49 1979-03-07 1 FRATA NEWS SINGAPORE TO rTmjTnrr LCL AND FCL CONTAINER SERVICE WITH CONTINUOUS RECEIVING AT OUR WAREHOUSE FOR RATES AND BOOKING PLEASE CONTACT: MR. TAN KAY HOCK MRS. JUDY TEO MISS MAY JUAN FRATA SHIPPING PTE. LTD. Suit* 801,8 th Floor. World Trad* Cantra, Maritime Square, Singapore 4. Telephone: *****0449 words
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Advertisement65 1979-03-07 1 PIA hsi pteM tor fWwi mffi JAPANESE ears toei ea the market TTT rTT CHINA tirn to U ALGERIA •il price SHIPPING TIMES WHY the aeed to rimpiify Ami tax itractoiee 7 MARKET dewatora eato lato UlB U LONG-TERM view «f Sine w BANK Necara LETTERS to toe editor ty65 words
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Advertisement286 1979-03-07 1 Coo/ healthy pollution-free driving with a mAßuenu COOL/MASTER .CAR AW CONDITIONER £11 GOLD MILL PLAZA. SJNGAPO«€ 11 TEL *****2 240. LAVENOCR STREET SINGAPORE 12 TEL *****80 *****29 The Olivetti Copfa 405 copies anything crisply in only 4 seconds. It has built-in extras thai are unique. Olivetti's beautiful compact, desk-top Copia286 words
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TRADE AND INDUSTRY
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Article687 1979-03-07 2 COURSES AND TALKS Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC Mar 1-31: International Labour Organisation residential course, RELC, ILO of Singapore. March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development Mar 5-23: Port Administration and Operation Course, PSA Conference Hall, PSA Mar687 words
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Article, Illustration617 1979-03-07 2 TSANG SAU YIN - By TSANG SAU YIN PAKISTAN International Airlines is studying the Singapore hotel industry with a mind to setting up three- and four-star hotels here. PIA chairman, Mr. Enver Jamall, stated this yesterday during a three-day visit. This is his first trip out617 words
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Article, Illustration484 1979-03-07 2 AMERICAN Express International Banking Corporation (AEIBC) announced the appointment of Mr. Michael C.L. James as general manager of its Singapore Kra nph He succeeds Mr. Patrick Wye who has been seconded to The Pacific Bank Berhad as general manager following AEIBC's equity participation in this Malaysian bank484 words
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Article97 1979-03-07 2 A 33-member Malaysian team arrives today to learn about the implementation of the anti-Utter laws and beautification programme in Singapore. The delegation, from the State of Trengganu. is led by Encik Aziz Badli bin Awang Chik (PJK), and will be here (or two days. Sent97 words
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Article275 1979-03-07 2 THE SINGAPORE Intitule of Management is holding courses on management, marketing and corporate planning from March 15 to May 4. The management courses include "Working capital management" by Mr Chua Joon Eng and Dr. Tan Huu Phuong (March 15-17); "Production management" by Mr M. M. Hoda275 words
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473 1979-03-07 2 QUEK PECK LIM - By QUEK PECK LIM LATEST figures on car sales in 1978 show that European cars are beginning to grab a slightly larger share of the Singapore market. Motor sales companies which have just enjoyed their best year since 1973, report that just under a473 words
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Article164 1979-03-07 2 A WEST German automobile equipment manufacturer has picked Singapore as its service and distribution base for Asean markets. This was disclosed by the board director of the West German parent plant, Mr August W. Reddmann, at the inaugural ceremony of the Singapore plant, VDO164 words
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Article352 1979-03-07 2 LOCAL manufacturers see long-term gains in the Government's decision to extend income tax deduction incentives to new manufacturing companies planning to avail themselves of the Economic Development Board's Product Development Assistance scheme. In his budget speech on Monday, the Minister of State (Finance), Mr352 words
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Page 2 Advertisements
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Advertisement71 1979-03-07 2 araME mm, 6iiS#s <Vv m The MerUn Grill Room docs mag/c on k r-^X-r Ala carte seafood dinner 6 <*r child (plus service charge and govt- ««>• Crab Fores,,ere. Scallop Mornay and other deUgh.s. nd ut for yourself that Merlin's magic Is for teal. 5 vv yy mz k'i vv71 words
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Page 2 Miscellaneous
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Miscellaneous676 1979-03-07 2 -IK-OIE CBOSSWOBD I CRYPTIC PUZZLE ACROSS 4 Insult with the right objective (6) 7 The last resort? (5,3) 8 One former Russian peninsula! (6) 10 Mark of the beast (5) 13 Clean up over again (4) 14 Seeds several at a time (4) 15 Express disapproval of a "no smoking"676 words
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REGIONAL
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Article140 1979-03-07 3 A HONGKONG publisher is teaming up with a pro-Pe-king newspaper to publish a Chinese-language computer magazine (or distribution in China next month. China Computer Monthly, which will focus on computer technology in the West, will be produced by Computer Publications Ltd., publishers of Asian Computer Monthly140 words
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71 1979-03-07 3 TWO JAPANESE companies, Idemitsu Kosan Kaisha and Joban Kosan plan to develop coal mines in Australia to cope with an anticipated increase in Japanese demand, for steaming coal, Idemitsu said yesterday in Tokyo. It did not elaborate but the financial daily Nikkan Kogyo Shim71 words
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Article51 1979-03-07 3 Reuter A CONSORTIUM of Mitsubishi Heavy Industries Ltd and Mitsubishi Electric Corp said it has won an 80 million dinar order from the Kuwaiti Ministry of Electricity and Water for eight 300,000-kilowatt turbine generators. The generators will be installed at the Doha West power plant by January 1984.Reuter - 51 words
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Article, Illustration494 1979-03-07 3 AUSTRALIAN hospitals and medical laboratories are taking part in a Japanese—based research programme that is expected to contribute to a higher success rate for medical transplant surgery, such as the replacement of kidneys. The aim of the programme is to gather information that will494 words
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618 1979-03-07 3 PRO-MCA candidates and the incumbent committee members of the Selangor Chinese Chamber of Commerce are heading for a showdown at the chamber's annual general meeting and biennial election this Saturday, sources close to the chamber said. "Both groups have been campaigning very hard since618 words
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266 1979-03-07 3 THE GANDA Edible Oils Bhd in Malaysia, a member of the Ganda group, has commenced commercial production of edible oil since the end of last year when its $8 million refinery near Teluk Anson, Perak, was completed. "The main business of the company is to266 words
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Article52 1979-03-07 3 Reuter ALL PHILIPPINE oil production will be bought by the government through the Philippine National Oil Company, the Energy Ministry announced yesterday. A spokesman said the oil would in turn be sold to refineries in Manila Caltex, Pilipinas Shell. Mobil and Petrophil at rates comparative toReuter - 52 words
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265 1979-03-07 3 AFP NEW Zealand wllJ costinae to liberalise its trade restrictions and eaable mare prodacts from Soa to-east Asia and toe Pacific to gala access lata the caaatry. This assaraace was givea yesterday la Kaala Lam par by toe new New ZealandAFP - 265 words
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893 1979-03-07 3 Reuter CHINA'S "great leap outward" has brought Peking knocking on the door of a United Nations agency specialising in aid for the Third World. A group of Chinese, including members of the country's state economic commission, has just visited the Vienna headquarters of theReuter - 893 words
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Article141 1979-03-07 3 AFP MARKING the start of this year's labour offensive for higher wages, two major unions of the Japanese National Railways entered into strikes for limited duration yesterday morning. JNR officials said the strikes resulted in the cancellation of 180 local train runs, including six express train runs,AFP - 141 words
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Page 3 Advertisements
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Advertisement72 1979-03-07 3 ODESSA OCEAN LINE a regular service of Black Sea Shipping Company. RELIABLE CONTAINER SERVICE direct from SEAsian port* to North Continental ports and Visa versa. GENOA PETR STAROSTIN 2CW/79 15*3 16/3 HAMBURG'/BREMEN/ ROT* TERDAM/ANTWEtP/LE. HARVE/AVOUNMOUTH (UK) *Aho accepting containers to Copenhagen. Gothenburg. Oslo with transhipment at Hamburg SINGAPORE SOVTT SUPPING72 words
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Advertisement128 1979-03-07 3 Introducing RICOH WP-1 Our first fully automated intelligent memory typewriter. The WP-1 word processor by Ricoh. A fast, flexible solution to manual typing, editing and information storage in your office. Special thin window display gives you accurate line by line editing. High speed printer gives you clearer, sharper copies; automatically,128 words
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RAW MATERIALS
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Article322 1979-03-07 4 VERY quiet trading conditions prevailed at the Singapore produce market yesterday. The disinclination to deal grew very pervasive in the absence of overseas buying interest. For most commodities, the level of business was very low and confined to local consumer account. Peppers were very quiet and featureless. The322 words
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Article148 1979-03-07 4 CHICAGO soybean futures broke away from the influence of a weak silver futures market and rallied to gains of 11's to 2 s US cents a bushel on the close on Monday. Final prices were at or just below the day's highs reached in the late minutes of trading.148 words
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Article329 1979-03-07 4 OPENING quotations in Singapore yesterday were marked down 1.75 cents following further London easiness and reports that China was withdrawing troops from Vietnam. The market later recovered about 1.25 cents when short-covering interest and speculative buying found sellers lacking. There was some uncertainty and slight softness at mid-session but329 words
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Article341 1979-03-07 4 Prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers int. l K.s.s. prompt f.o.b. 245.50 246.50N 247.00 248.00N Int. 1 R.S.S. March 246.25 246.75 247.75 248.25 Int. 1 R.S.S. April 247.25 247.75 248.75 249.25 Int. 2 R.S.S. 241.50 242.50N 243.00 244.OON341 words
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Article106 1979-03-07 4 N<*>N and SMR prim \mtrdav: March April (Current Mck) (For mrd Mtkt SSK 21) SSK VI II-ton pallet t Buyer* Seller* 248.50 242.50N Buyer* Seller* ***** 241 mnj II Inn pallet) 237.50 2:19.50N 2;w.so 240.50N MRF.LB April M.y SMK CV SMH >1. SMH W» SMH SMK III106 words
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Article74 1979-03-07 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Malaysian 5% ffa bulk per tonne April Sumatra *5% ffa bulk March April May June July Nigeria 5% ffa bulk stg ROTTERDAM: Sumatra Max 5 March Zaire(Belg francs per kilo) Mon Previous 660slr 685s Ir74 words
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Article30 1979-03-07 4 Rubber: March 6 Singapore: March: 247.75 cents (up 0.25 cent) Malaysia: April 252.25 cents (up 0.75 cent) Tin: $1,905 (down $22) Official offering: 200 tonnes (up 33 tonnes)30 words
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Article131 1979-03-07 4 TRADING on the sugar futures market yesterday continued the recent quiet trend with two lots traded against none on Monday, dealers said. The day's daily spot sugar price rose 0.06 to 8.10 cents. Sugar futures closing prices: CMig PffvlMi Ctoatag May 8.50 56 799 8.45 Jly 880 9.05131 words
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Article194 1979-03-07 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Cattaa yara: China Blue Phoenix 20s 2.375; 32s 2.915; 40s 3.100 (per bale of 400 lbs). Ptoee gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly194 words
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Article914 1979-03-07 4 OILSEED 6: Crude palm oil featured a generally firmer edible oil market yesterday, with refiner and dealer purchasing interest pushing values around US$l5 per long ton higher in the morning, brokers said. Buying sentiment was influenced by Monday's firmer Chicago soybean complex close and news that Pakistan bought914 words
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Article240 1979-03-07 4 AFP THE NEWLY formed Cotton Development Internationa] proposes to make the organisation more representative in character by including countries that do not produce cotton but import it for processing. According to Mr C.V. Narasimhan, executive director of the organisation, the participation of non-cot-ton growing countriesAFP - 240 words
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Article164 1979-03-07 4 AMERICAN soybean plantings will rise at least 5 per cent to slightly more than 27 million hectares in 1979 from 25 million last year. Mr Donald Frahm, senior economist with the American Soybean Association (ASA), predicted that the total US soybean crop this year164 words
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Article67 1979-03-07 4 THE STRAITS tin price in Penang yesterday fell Ms 22 to $1,905 per picul. The (all was due to increased volume of tin concentrates delivered by miners and continued easiness in London on Monday, but some strong local covering and light Japanese buying were noted at this low67 words
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Article292 1979-03-07 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE 100 pet first class (Kangaroo) new crop 0.16, 100 pet second class 0.15. 100 pet third class 0 83. 25 pet new crop no stock. B-10 pet 0.75. THAI BROKEN: A-super 0.6. Special O SS. THAI RICE: 56292 words
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Article174 1979-03-07 4 WHEAT futures in Chicago on Monday closed one cent a bushel higher to l'/i US cents lower in most months but the spot March finished at the day's peak with a gain of 6'/« cents. The market dipped at the opening, losing as much as five cents on exporter174 words
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181 1979-03-07 4 Reuter MAJOR US coffee companies on Monday cut prices (or the twelfth time since they reached a peak in 1177. The firms eat the wholesale price of one pound of ground coffee by USS cents to $2.43. He price is a publishedReuter - 181 words
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Article, Illustration854 1979-03-07 4 THE MINISTRY of Primary Industries will soon set up a National Rubber Advisory Committee in a move to consolidate efforts by rubber producers to overcome an imminent "crisis of supply" in the industry. The advisory committee is to be chaired by Primary854 words
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Article464 1979-03-07 4 THE RUBBER ProducersCouncil (RPC) has warned that unless new measures covering fiscal, land and other government matters are taken, Malaysia will not be able to meet the projected increase in demand for natural rubber in the next few years. In a memorandum to Primary464 words
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Article141 1979-03-07 4 Reuter THE MALAYSIAN palm oil industries (licensing regulations 1979) came into effect from March 1, the Ministry of Primary Industries said. The ministry's secretarygeneral, and chairman of the Palm Oil Registration and Licensing Authority (Porla), Datuk Wong Yoke Meng, said in statement the regulations, madeReuter - 141 words
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Article61 1979-03-07 4 THE FIVE eeat per paaad (half Ui«) capper price eats by Ann* sad Duval were seea by aaalsto aa a reaetiaa U reeeat weakaeas ia Cammedlty Exefcaage (Camex) valaea. The price cats braaght Asarca's eathade capper price dawa to IS ceate aad Daval's to ceata, basically la61 words
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Article91 1979-03-07 4 IN THE first financial collapse in the Sydney Wool Futures Exchange, foundermember Booth Newman Pty Ltd has informed the International Commodities Clearing House that it cannot meet its commitments. Sydney Futures Exchange members have learnt that the collapse was a major wool client's inability to meet margin91 words
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Page 4 Advertisements
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Advertisement97 1979-03-07 4 Quick and Efficient ■i Every Week IP* iiiiiiiiP k. cff > 11 ir "3*- "W si; j That's United States Lines' weekly service from Singapore U.S. Lines' vessels serving Singapore are brand-new and contain their own shipboard cranes which permit your shipments to move in and out of the country97 words
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OVERSEAS
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Article661 1979-03-07 5 NYU ALGERIA has requested an oil-price increase of nearly 25 per cent, by far the largest increase sought by an oil-exporting country since the current escalation in world oil prices began last month, according to trade sources in New York. The price rise would comeNYU - 661 words
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275 1979-03-07 5 Reuter COMMON Market farm ministers met yesterday amid signs that they may clear the way to the longdelayed European Monetary System (EMS). The ministers have before them proposals from the European Commission to resolve a dispute between France and West Germany, aboutReuter - 275 words
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590 1979-03-07 5 AFP NEGATIVE aspects of the four-fold rise in oil prices in 1973-74, such as the accumulation of personal fortunes and the erosion of the ethics of work, were raised at the Arab energy conference currently on in Abu Dhabi. The richAFP - 590 words
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Article332 1979-03-07 5 NYT SAUDI Arabia is seeking American support for intervening on the side of North Yemen in its conflict with South Yemen (formerly Aden) and US officials said on Monday the Administration is in close consultations with the Saudi government over ways this might be accomplished. TheNYT - 332 words
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WORLD IN BRIEF
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Article535 1979-03-07 5 A "Buy American" Act to ensure that domestic companies get preferred treatment in government contracts was introduced in the US Senate. The legislation establishes a minimum price preference for domestic goods, giving domestic firms an edge over foreign firms in government procurement contracts. AFTER a couple535 words
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Article, Illustration96 1979-03-07 5 TWO OUT of three cancer cases can be cored, sr csnld be If the tumour was only Identified early. As It Is, only one patient In three stands a chance of survival. So early warning is a key area In cancer research, says Heidelberg cancer research centre96 words
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312 1979-03-07 5 UPI A CARTER Administration official had expressed concern for the more than US$3 billion (about 556.5 billion) in American bank assets currently in Iran. His statement followed an announcement on Sunday by Mr Mohammad Ali Mowlavi, governor of Iran's central bank,UPI - 312 words
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188 1979-03-07 5 UPI THE SEARCH for a Prime Minister for Italy seems in vain and early national elections the only recourse. The two main political parties, the Christian Democrats and Communists remain stubborn in making compromises necessary to form a new government. On Monday, after aUPI - 188 words
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221 1979-03-07 5 Reuter THE SECULAR wing of the Iranian revolution massed a million people on Monday in a display of resistance to the country's new exclusively Islamic course. Prime Minister Mehdi Bazargan, moderates, liberals, nationalists and leftist guerrilla groups all took part in a big rallyReuter - 221 words
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Article748 1979-03-07 5 ARRIVALS Service Local Operator Number Time From SLA SQ10I 0815 KUL MAS MH621 0640 PEN -MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CPA CX710 1006 HLP GIA GA980 1030 HLP THAI TG423 1035 BKK SIA SQ103 1045 KUL SLA SQ209 1045 HLP MAS MH605 1045 KUL748 words
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Page 5 Advertisements
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Advertisement89 1979-03-07 5 When you're fishing for new markets, land big game with the help of air freight experts. When you're busy meeting deadlines, controlling inventory, hounding suppliers, maintaining client service and developing new markets, it's reassuring to know that there is an air freight company which treats your business as seriously as89 words
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459 1979-03-07 6 SINGAPORE Airlines, with its "Singapore Girl" advertisements, has not surprisingly become the epitome of Singapore itself. So closely is the airline's image linked with the welfare that anything that hurts SIA is also thought to damage Singapore. Similarly, good fortune for the459 words
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Article319 1979-03-07 6 CAN WE learn anything from the new banking guidelines that Bank Negara has just introduced in Malaysia? The whole complex series of changes, lowering liquidity ratios on most types of deposits and imposing the same for savings deposits has yet to be worked out. Financial319 words
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939 1979-03-07 6 Charles B. Price - Letters to the Editor Charles B. Price Managing Director, N.M.Rothschild A Son (S). Dear Sir I refer to the Editorial in the Business Times of March 2nd on the subject of Investing in Gold, and I feel compelled to correct some grave939 words
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Article577 1979-03-07 6 A.P. Godwin - A.P. Godwin Dear Sir I have just read Mr. Quek Peck Lim's piece in the "FORUM" column of March 1. I, personally, have noted with considerable regret the recent change in attitude demonstrated by the Council of The Law Society and various individual members of the577 words
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Page 6 Advertisements
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Advertisement301 1979-03-07 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 Macpherson301 words
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Page 6 Miscellaneous
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Miscellaneous54 1979-03-07 6 Bnstow: FmnltliLckens UiehJT OUT FoR f\ UJRLK lp&t night... Guess tJHO l SP\bj o RGBLLV PuTrirtG His BPiCK WTO IT Fumy TO see. Wtoa OUT OF Tue. OFfCC ms smict suEfcves 2 PUOGe. H€ U>PvS rOQU)»HG Mis LFVOJtsI rr r 1 UM*S U£fV4£D MIS f&Z P* Ly>MVb6. uDPfICWWG H\ro oo54 words
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Miscellaneous871 1979-03-07 6 Wishful thinking CLASSICAL Maaterpfteeea hai tffHßf a mast far hvcn at Dm bhlc. TV alght, cellist Cltii Uml He drawa aa the Nerlae Barrett play Chapia's Saaata la G Minor, Opas K (7.Hpa, ehaaael 5). The oelle la a heaattfal laatnuMat aal aftea heard ea Its awa. At LMpa, a871 words
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3558 1979-03-07 7 MUKUL ASHER - One of the prime obstacles to closer integration of the economies of the Asean countries is the lack of information about the financial structures of the members. Nowhere is this more true than in the field of taxation.3,558 words
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Page 7 Advertisements
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Advertisement355 1979-03-07 7 and where to entertain up your life at Vanda Live it up at the newly renovated Vanda Bar. Styled for comfort and good cheers VIGM Dr Sing along with our l resident duet George David to your favourite request Happy Hours from 5p.m.-Bp.m. 30% discount Singapore .jk Oochid Inn 2355 words
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INTERNATIONAL STOCKS
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334 1979-03-07 8 THE BOARD of Grindlays Holdings Limited, majority shareholders in the v London-based international Grindlays Bank group, has "tecommended the payment 'of a final dividend for the "year ended Dec 31, 1978, of 8.284 per cent net, (2.071 pence per share), absorbing £704,140, payable on334 words
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Article101 1979-03-07 8 WOOLWORTHS has reported that unaudited attributa- .ble consolidated profit rose ''to A 134.23 million for the 53 weeks ended Jan 31, 1979, from $28.95 million previously on a sales rise of $1.74 'billion ($1.49 billion) and other income of $3.38 million ($3.32 million). Profit is after101 words
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Article188 1979-03-07 8 Reuter EMI Ltd said the results for the year ending June 30 are unlikely to justify the maintenance of the final dividend at the same level last year. In 1977/78 the company paid a final dividend of 5.97 pence a share which with theReuter - 188 words
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282 1979-03-07 8 Reuter HONGKONG Telephone has achieved a net profit of HKJ191.9 million for the year ended Dec 31, 1978, against $166.0 million previously on a higher turnover of $652.2 million ($565.0 million). The company has declared a final dividend of $1 (same), making aReuter - 282 words
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Article586 1979-03-07 8 NYT THE NOTION seems unlikely, but according to Mr Donald Kelly, the architect of diversification at Esmark Inc., it is at least possible to think of Esmark without Swift and Co., the old-line meat packer that created Esmark and still contributes jfO per cent of itsNYT - 586 words
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605 1979-03-07 8 Tokyo Source: DBS-Daiwa THE MARKET was bearish yesterday with attention mainly on blue chips, since most investors still sat on the fence owing to the currrent clouded economic scenario. The Nikkei Dow-Jones average dropped below the Y 6,000level again with a moderate loss of YSource: DBS-Daiwa - 605 words
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Article340 1979-03-07 8 BASE METAL and gold stocks lost some support in the wake of a sharp (all in international gold prices and a setback for most metals on the London Metal Exchange yesterday, dealers said. MIM Holdings led a retreat by the copper stocks, shedding 9 cents to $3.15 and Bougainville340 words
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Article225 1979-03-07 8 MAR 06 Bahis Asia Credit Asia Fibre Ayuthaya In* 364 24# 2 Bangkok Investment Bangkok Bank Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd Rata Berll Jucker Carpet InterNational 332 3*0 Z 238 280 371 8 unch -2 unch225 words
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Article363 1979-03-07 8 Source: SHK Sec Ltd PRICES opened firmer across the board yesterday after China officially anno need its intention to withdraw from Vietnamese territory. However, the market advance was not dramatic as prices did not really depreciate when the border conflict broke out or during the fighting. Sentiment was certainlySource: SHK Sec Ltd - 363 words
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Article114 1979-03-07 8 THE MARKET closed lower across the board yesterday, dealers said. Turnover fell to 8.8 million pesos from Monday's 13.4 million. MAR 06 Pesos Aco)e Mining 4)1 -***** Alias Con A Atlas Con B 24 20 -106 Ba«uio Ooid 0105 -0 0006 Bencuel Con B BF Goodrich 29 75 -025114 words
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Article68 1979-03-07 8 FINANCIAL TIMES INDUSTRIALS Monday 484.6 Friday™ 484.6 Week Ago 468 8 DOW JONES AVERAGE INDUSTRIALS Monday 827.36 Friday 815.75 Week ago 821.12 LONDON DOLLAR PREMIUM Thursday 81 >< to 82 Wednesday 85'. to 85". H.K.HANG SENG Tuesday 533.67 Monday 529 08 Week ago 518.83 SYDNEY INDUSTRIALS Tuesday 40068 words
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1423 1979-03-07 8 NEW YORK RESUMPTION of Iranian oil exports and hope for an easing of international tension fuelled the sharpest stock market rise in seven weeks in moderate trading on Monday. But analysts said worries about accelerating inflation and the course of interest rates kept the1,423 words
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Article222 1979-03-07 8 MAR 06 C* AblUbi 18 s Alcan 42'. S AI(oma 274 s Bank Mont 24 S 4-1 Bank Nova Scotia 24 Bell Tel Mh Beth Corp BP can Ltd I 24 Ml Brasean 21 S Camp Red Lake 37*. Can Imp Bk 28 t. Can par 2S'« Canpac In*222 words
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Article292 1979-03-07 8 MAR H Rand INDUSTRIALS A Alpha 143xd -7 A bercom 230 -5 AE And CI 410 unch AMir 1286 -15 Barlows 530 -10 Cg Sugar 500 *10 CN A 300 Currte Finance 92B De Beers Ind 1515 -10 Ed con 350 -10 Edgars 4000 unch Eveready 280B Fed Volk292 words
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EUROPEAN MARKETS
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Article192 1979-03-07 8 MAR 05 Francs Actions Suttm 2sn unch Alujutsse Br 1385 unch Alusulsae Reg S7S -10 Brown Boveri Br 1790 unch Clt* Geigy Br 1245 -S Clba Gelgy P C 985 -3 Clba Geigy Reg SSI 1 Credit Suisse Br 2350 10 Credit Suisse Reg 445 3 Elektrowatt Br 2010192 words
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Article208 1979-03-07 8 MAR 05 FU ABN 380 00 3 Ahold ***** 1J Akxo 30 50 unch AMEV 9130 ♦0J Amfas ***** -0 4 Amrot Bank mo 0 J BtVM Bert 55.50 as oo -0* 4-1 Bols »70 0.6 BorsumiJ 100 50 2J Burhm&nn 73-20 -0 1 Byenkorf 17*0 -1J CaJv* Delft208 words
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Article221 1979-03-07 8 MAR 06 Dm Aef-Telefunken 82 90 Akio 28 90 0.1 Alii Leben no oo unch AlU Veri ***** unch BASF 137* 1.7 Bay H T Wbank 275.00 1 Bay Vban It 288 00 Bayer 138 80 1J BBC 296.00 2 RMW 228 20 \2 Caaarlla 387 00 -4 Chem221 words
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Article91 1979-03-07 8 MAR 06 Frs FORWARD market Acer Arbed Astur Braacan BruLamb fanpar 465 2370 674 544 1820 808 -5 75 16 20 -4 Cock Dr Berrj Ebes Electcotiel Ob-Inno-Bm Ge» Hobo* Pelro Ryl Dutch Stdro Soc On Belt SoMna Solvajr A Tanks V Mm V Moot 496 219 2435 664091 words
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Article91 1979-03-07 8 ww ira ure Anlc «2 unch Assoc On ***** ♦10*1 Butofi atri *20 Central* OK +100 Flat 2KB (•insider 187 4S Gen Immob 72-50 ~\2& IPI Prt 2315 +IM Itilrrmenli 30M0 440 ItalfU 818 12 Me M4 -4 Marelll Ere MWlob Mlrilvui 308 *1 ***** 300 ***** *-110 Mondadort91 words
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144 1979-03-07 8 THE EEC Commission has said it does not object to the 800-million mark deal between Veba AG and Deutsche BH AG following new undertakings from both companies. In a statement issued in Brussels following meetings with both companies plus Ruhrkohle AG and Ruhrgas AG,144 words
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Page 8 Advertisements
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Advertisement170 1979-03-07 8 ''Fifteen going on sixteen twenty four 17 That's reminiscent of a song. Which isn't what we want to tell you Because we ve got other music for your ears. The Perkin-Elmer 1624 System We call it the "Sixteen Twenty Four". Sung Of course But no matter what you call it.170 words
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BANKING AND FINANCE
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620 1979-03-07 9 AP THE INTERNATIONAL Monetary Fund (IMF), concerned about the unstable influence on the world's economy by $500 billion in US dollars being held outside the United States, is meeting this week to consider what might be done about the problem. Experts from manyAP - 620 words
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Article601 1979-03-07 9 Reuter THE DOLLAR straight Eurobond market experienced its quietest week for months but other currency sectors came under renewed examination. Bond market sources said little retail interest appeared in the Eurodollar straight sector over the week and although from time to time large blocks of recent issuesReuter - 601 words
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Article303 1979-03-07 9 UPI THE EURODOLLAR market grew 20 per cent in 1978 to an estimated U*****-840 billion (about 551.85 billion), but growth has slackened when compared with the substantial growth rate achieved in 1977. A London-based economist for Bankers Trust Co, Mr David Ash by, said that London, whichUPI - 303 words
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205 1979-03-07 9 Reuter THE BANK of England said that, with the approval of the Chancellor of the Exchequer, It has decided U eaaeel the call on special deposits, amounting to 1 per cent aad payable m Mar I. The rnave to eaaeel the specialReuter - 205 words
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Article128 1979-03-07 9 THE INDUSTRIAL Bank of Japan (IBJ) announced yesterday that its first floating rate certificate of deposit (FRCD) has been raised from US$25 million to IX million. This is partially to meet demand following heavy over-subscription. The initial rate of interest has been fixed at128 words
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Article61 1979-03-07 9 Reuter NATIONAL Westminster Bank Ltd, Barclays Bank Ltd, Lloyds Baak Ltd aad Midland Baak Ltd have all aaaonneed that they are catting hane lending rate to 13 per cent from 13 .> per cent, effective yesterday. Meanwhile, First National Baak sf Chicago said It held Its prime rateReuter - 61 words
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1084 1979-03-07 9 NYT BARING Brothers, the venerable London merchant bank that helped raise the money for the Louisiana purchase and later owned about a quarter million hectares in the state of Maine, is returning to the United States after being absent since the turn of theNYT - 1,084 words
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MONEY AND EXCHANGE$
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Article484 1979-03-07 9 LATE selling of the US dollar on the foreign exchange market yesterday saw the American unit closing weaker against major currencies. Against the yen, the US dollar started trading at 204.50/60 and was brought down to 204.25/35 at Tokyo's close. Trading on the London exchange brought the dollar484 words
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Article271 1979-03-07 9 THE DOLLAR yesterday opened easier against major currencies compared with Monday night's close here and late Far East trading levels No new factors seemed to influence moderate early trading with news of developments in the Egypt/Israeli peace negotiations having no perceptible effect, dealers said. They added that the dollar271 words
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Article192 1979-03-07 9 Asian rates ASIAN currency deposit interbank rates as at close on March 6: Closing Asian dollar certificates of deposit for prime names: 7 days 1 month 2 months 3 months 6 months 0 months 12 months US DolUmSpot) Offer Bid 10'. 10'. 10 5/16 10 3/16 109/16 107/16 10 10192 words
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Article57 1979-03-07 9 Range of price* offered by discount house* on March 6: Overnight 4' it Call deposits 4'»Sf to 4' t r A Cloaiag Buying Selling 3 month Treasury bills 4 7/16 4 5/16 3 month Bank bills 7*« 7*« 3 month CD 7 5/16 73/16 6 month CD 7 7/1657 words
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Article21 1979-03-07 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.21 words
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Article68 1979-03-07 9 QUOTES on the Australia and New Zealand exchanges on March 6: AUSTRALIA: US dollar 1.1359 1.1211 Sterling 0 5585 0 5622 Ninety-day airmail buying rates: Sterling 0.5808 US dollar 1.1650 Ninety-day forward buying rates: Sterling 0 5653 US dollar 1.1338 NEW ZEALAND: Reserve Bank midrate US$lO54l Trading Bank indications:68 words
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Article59 1979-03-07 9 FRANKFURT exchanges opening quotes on March 6: US 1 8575 fi (1 8592 8600) Can 1 5675 95 Stg 3 757 767 DFI- 9260 70 S Fr 110 70 90 Lit 2 205 213 F Fr 43.30 40 N Kr 36 47 57 B Fr (con) 6 320 33059 words
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Article336 1979-03-07 9 SINGAPORE gold futures yesterday closed generally easier in active trading, dealers said. Prices were marked between US$5.lO and $5.80 an ounce lower at the outset reflecting easier New York advices and fell further during fairly moderate morning trading, they said. Both trading and prices picked up336 words
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Article123 1979-03-07 9 THE US dollar yesterday traded slightly weaker against the yen at 204.25/35 yen compared with its close oT 204.60/70 in New York overnight in slow trading, dealers said. The American currency was little changed at 1.8580/ 90 marks against 1.8585/95 in New York, and at 1.6750/ 90 Swiss francs123 words
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Article127 1979-03-07 9 THE DOLLAR for overnight delivery yesterday closed easier at 204.30 yen compared with a 204.55 opening and 205.20 at Monday's close, dealers said. The dollar held firm initially on a fairly high level of import settlement demand but eased in late trading on export covering by Japanese traders and127 words
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Article291 1979-03-07 9 Reuter KRUGERRAND sales fell slightly in February to 185,265 coins from 188,314 in January but compared with 564,020 coins in February 1978. International Gold Corp (Intergold) said sales in the first two months this year are 373,579 coins, sharply lower than the 1.23 million in theReuter - 291 words
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Article144 1979-03-07 9 Reuter THE PRICE of 6.1 per cent 10-year Japanese government bonds on the Tokyo Stock Exchange fell to the record low of 94.50 per cent from 94.90 per cent last week and 97.00 per cent on Jan 4 when trading in these bonds started, the UnderwritersReuter - 144 words
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Page 9 Advertisements
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Advertisement157 1979-03-07 9 i T T k Why W000'79 is important to you. Between July 16 and 20 1979, South East Asia's leading businessmen and developers in the timber industry, and the world s most established manufacturers of timber equipment will meet in Singapore for Wood '79. the first Internationa) Forestry, Timber Processing157 words
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DEALS DONE ON THE SES AND KLSE
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Article1455 1979-03-07 10 HJD and offer prices officially listed ajd business in and reported to the Slock Exchange of Singapore yesterday with the number of shares leaded shown in brackets in ton of I*oo units unless otherwise specify Time Settlement Contracts ace quoted after the word "sett." Big Board deals (in1,455 words
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Article93 1979-03-07 10 Striking prices of the options officially listed on the Stock Exchan* re of Singapore yesterday, the period, bids and offered price: i and business done, if any. wit b the number of options traded shown in brackets. lnefceatpe (March 11.30) (0.308 0 2 iS). Paa Eh wtrte (March93 words
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Article166 1979-03-07 10 4 1/2% 1/t 1/80 (250.000) (98.328 99 38S) 4 3/4% 15/S/80 (250,000) (00.628 99 725) 5 1/4% 1/3/ 81 (250.000) (100 108 I0028S) 5% 15/4/8 I (250.000) (M 638 90.738) 5 1/2% 1/5/79-81 (250 000) (100.555) 5% TF 1/5/113 (250.000) (100 108 *****S) 5 3/4% T F 1166 words
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Article155 1979-03-07 10 SING ATOM UNIT 1VU8T (MiM|in > fritM tar Mar 7) The Commerce 2.14 2,27 The Saving Fund 125 132xd S pore Prof Fund 093 0S8 S pore Sec Fund 173 1J4 S pore Invest Fund 1.21 1» INCOME (Cam Income Bond MARA BUI •ONI Mtpr mrui DUNIT taw)155 words
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Article2618 1979-03-07 10 Gr'« Gr^ Net 1878/79 Last Div Div YTd P/E Vol Day Mi (ft Low Company Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIALS 272 132 Acma 212 12.0N 1.3 5.6 230 190 123* Alcom 188 100 24 5.3 13.9 178 107 Allied Choc 119 +3 10.12,618 words
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Article1426 1979-03-07 10 BID and offer [rices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown iiii brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Ajtaw.U (2<0B) Ateaa (1.925) Atex BaM (1.305) A Qme (1.198 I.JOS)1,426 words
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Article, Illustration702 1979-03-07 10 EARLY GAINS were wiped eat ky a wave af •etllag tkat set la dartag tke rlaaiag kear ef tke Stock Frekaagr af Btagtpare yeaterday. Ob kaiaaoe, tke market Mdki aarrewty mixed. Tkere were, kewever, same seed galas recarded la eertola eaaatera tkat702 words
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529 1979-03-07 10 SENTIMENT remained firm at the Kuala Lumpur Stock Exchange yesterday morning but some traces of uneasiness were seen in the afternoon session. Following news that China is withdrawing its troops from Vietnam, the market reacted positively on opening. Prices continued to move ahead with529 words
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COMPANY NEWS
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Article, Illustration786 1979-03-07 11 MANO SABNANI - By MANO SABNANI THE SHARP fall in the stock market during the months of September through December last year was the main reason for the reduction of the net tangible assets of United International Securities (UIS) to only 89 cents per share at786 words
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Article, Illustration300 1979-03-07 11 CONSOLIDATED Plantations Limited (CPL), a member of the Sime Darby group, has embarked on its first joint venture with a bumiputra company. It has acquired a 45 per cent stake in Syarikat Hadapan Berhad for $1.57 million. This brings into the CPL fold300 words
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448 1979-03-07 11 KUMPULAN Perangsang Selangor Berhad (KPS) signed an agreement with Pacific Tin Consolidated Corporation on Monday. The agreement is for the formation of a joint venture company that will work on 606.6 hectares of mining land in Batang Berjuntai. Two other agreements were signed448 words
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Article, Illustration506 1979-03-07 11 TUN TAN - If the offer succeeds, we will have a larger debt burden, but taking the long term view it will enhance the strength and potential of Sime Darby. TUN TAN TUN TAN SIME DARBY'S bid for the Guthrie Corporation should be viewed over506 words
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480 1979-03-07 11 THE CHAIRMAN of Security Printers (Metal Box) Company Ltd., Tengku Aril Bendahara, has appealed to the government to reconsider its plans to undertake its own security printing. He was speaking at a ceremony in Kuala Lumpur on Monday at which the Labour and480 words
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Article280 1979-03-07 11 ssjaaoL™, by HOCK LOCK SIEW THE STOCK MARKET Is at the erassraads aad amy ga either way. The aptimlsts are psiattag to their charts. "All ladlees have aaw maved abave their 5b day maviag averages, a gsad baliisb ladleator far the mediam term," says a chartist. "Alsa,by HOCK LOCK SIEW - 280 words
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171 1979-03-07 11 (Sinfin) by Hong Leong Finance, there was a mass exodus from the old Sinfin board of directors. Sinfin has announced that seven directors had resigned with effect from March 1. They are Messrs Tan Kong Piat (chairman), Ng Eng Kiat (deputy chairman171 words
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Article41 1979-03-07 11 has said that share- holders unanimously agreed' to adjourn to April 2 y ester-" day's extraordinary general* meeting. This followed the coiHJ»-» ny's latest offer whole of the issued capital* of Guthrie Corporation ;"tt! said- la".. TT41 words
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Article24 1979-03-07 11 has announced unaudited pre-tax profit of $11,000 ($3,000) for'lrtx months ended Dec 31, 197 ft Estimated income is $225,000 ($173,000).24 words
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Article390 1979-03-07 11 Current Ex Book* Date Total for Total for Payment Date Cloae Payable the year Previoua year YHS YHS (M) Wilkinson B Kiwit Sel Nut T Cement T Cement Pref Ulu Benut Auat Amal SP Textile Robinaon M U lad K Sidim Benta Conaplant KL Kepong Kempaa Lingui MBS390 words
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Article133 1979-03-07 11 Company Particulars Ex Date Book* Close Sel Nut Nat Iron Ounlop Eat P. Product* Toshiba Bovia SEA DBS Bonus Issue of 2 for 3 Bonus Issue of 1 for 2 Bonus Issue of 1 for 5 Bonus issue of 1 for 4 Rights Issue of 3 for 2133 words
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Page 11 Advertisements
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Advertisement110 1979-03-07 11 jSjr THE DEVELOPMENT BANK OF SINGAPORE UMfTED DBS Building, Shenton\fay,Slngapoflßl. We are pleased to advise the following S$ deposit and lending rates we are currently quoting:— S$ Fixed Deposit Rates for amounts up to $100,000 1 month 3 months 6 months 9 months 12 months 5Vi% pa 5 3 /4%110 words
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465 1979-03-07 12 COMMON Market ministers on Monday failed to agree on final details of the Tokyo Round 95-nation trade talks in Geneva. Common Market negotiator Wilhelm Haferkamp gave a generally favourable account of the talks but EEC states asked for greater clarity on some465 words
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Article, Illustration476 1979-03-07 12 UPI CHINA continued a troop buildup on the Vietnam war front yesterday which could lead either to a retreat or new attacks, Westem military sources said in Bangkok. Vietnam, proclaiming official and full mobilisation of the nation, ordered that "all people must be organised into combat units."UPI; UPI photo - 476 words
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Article821 1979-03-07 12 LONDON, Tues. Government bonds closed over one point lower on profit-taking in fairly active trading, while equities returned to around opening levels after earlier easiness, dealers said. At 3 p.m., the Financial Index was down 0.1 at 484.5. Unilever lost a net 8p after its annual figures, while821 words
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157 1979-03-07 12 Reuter THE INDUSTRIES ministers of 26 Commonwealth countries yesterday in Bangalore, India, discussed a blueprint for setting up an industrial development unit to help developing member countries. Mr Shridath Ramphal, Commonwealth Secretarygeneral, said action is needed to push through ideas formulated nearly four yearsReuter - 157 words
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388 1979-03-07 12 Reuter AUSTRALIAN Transport Minister Peter Nixon said he is confident the cutprice airfare row with South-east Asian nations would be settled in the very near future. Mr Nixon said he hoped problems about the airfares would be solved at a meeting in Jakarta nextReuter - 388 words
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1037 1979-03-07 12 NOORJAHAN KARIM - RELIABLE ASSESSMENT By NOORJAHAN KARIM BANK NEGARA Malaysia has put into effect new liquidity requirements on commercial as well as merchant banks. The new guidelines are designed to provide a more reliable assessment of the liquidity position of the banking industry and make more1,037 words
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Article168 1979-03-07 12 ASHLAND OIL Inc and Mitsui and Co have agreed to buy Iranian crude at US$5 to |6 (Sslo.B to $13) a barrel above official Opec price levels. The oil industry journal, Middle East Economic Survey (MEES), said Ashland Oil signed for initial crude cargoes of Iranian light168 words
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Page 12 Advertisements
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Advertisement131 1979-03-07 12 IT PAYS TO CONSULT INDC6UEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Today we are quoting the following for Singapore Ooltar terrr deposits up to *****.000 1 month 5*4% p.a. 3 months 6V«% p.a. 6 months S'/rife p.a. 9 months 6V«% p.a. 12 months 6'Mpj. Savings 4V«S p.a. We131 words
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Advertisement82 1979-03-07 12 This advertisement appears as a matter of record onlySINGAPORE LAND LIMITED (Incorporated in Singapore) RIGHTS ISSUE OF 19,210.392 SHARES AT 551.40 EACH The issue was managed and underwritten by JARDINE FLEMING (SINGAPORE) and STANDARD CHARTERED MERCHANT PTE. LIMITED BANK ASIA LIMITED The following also participated in the underwriting Asian-American Merchant82 words
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Page 12 Miscellaneous
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Miscellaneous57 1979-03-07 12 WEATHERS Outlook for Singapore from 6 a.m. to noon today: Fair. Report for 24 prior to 7Jf p.m. «n March I at the airport. Maximum temperature 32.2 Associated humidity 57 Minimum temperature 23.6 Associated humidity 96 Hours of sunshine 8.05 Rainfall in millimetres Nil Total rainfall for the month 33.957 words
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SHIPPING TIMES
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PORTSIDES
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Article118 1979-03-07 13 AFP THE first Indonesian ocean going ship to serve a newly opened Indonesia-West Asia route started loading cargo at Jakarta's Tanjung Priok port on Monday before sailing direct to West Asia in two or three days, spokesman of the ship's owners, Gesuri Lloyd, said yesterday. The 10,000AFP - 118 words
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Article84 1979-03-07 13 AFP THE Malacca Straits Council will donate a $1 million lighthouse to the Malaysian government. A spokesman for the council said that the lighthouse, situated at Bukit Segenting, about eight miles west of Batu Pahat in Johore, would contribute to navigational safety of vessels passing through theAFP - 84 words
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Article45 1979-03-07 13 Reuter ALL major French ports are immobilised by a 24hour strike of dockers, most of whom are members of the Confederation Generale du Travail trade unions (CGT), Transport Ministry officials said. The unions are protesting about arrangements over holiday and other additional payments.Reuter - 45 words
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Article694 1979-03-07 13 RAHIM KASSIM - By RAHIM KASSIM THE SINGAPORE Shipping Association (SSA) has decided to impose an additional $5 bunker surcharge on shipments between Indonesia and Singapore trade in an attempt to shift part of the burden of increasing fuel prices to shippers. The decision was made after a two-day694 words
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Article177 1979-03-07 13 UPI RISING fael casta eeatla■ei to be reflected to shlpewaers' iacreaatag deIheee were partlealarly evident as the US grata experts raatoe. IV Reyal Eagle far tostaaee, lecirel the l SJl.5# higher Agere af UtM (FIO) far a M,Mtoa mid-March US Galf grato shipment to Japaa. Traaa-Atlaatlc tradlag featuredUPI - 177 words
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562 1979-03-07 13 AFP FREIGHT rates continued to rise last week, reaching their highest, in some cases, since the boom of 1974. But business remained restricted, at least on the surface. Confusion still existed regarding the recent increased bunker prices, with some charterers holding off in the hopeAFP - 562 words
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2674 1979-03-07 17 SHIPPING LIST where your ships are due and when MHEDM.E 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 Port2,674 words
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Article516 1979-03-07 17 Skipping Line Page C«l ACS n 5 Afea IV 3 Aguila V 1 Alfred V 4 Alltrans V 2 Alpac IV 5 Angkutan IV 4 ANL I 1 APL in 2 Arya Nat n 5 ASCL m 5 Asia Merchant IV 3 Aust.Cont IV 5 Bank n 5 Batam516 words
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Article898 1979-03-07 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 during the898 words
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Article903 1979-03-07 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Aconas Line— Aconas Sdn. Bhd. Adriatic Container— Container Feeders. AFEA Line— Singapore Shipping. Aguila Oriental—Same. Ahli Shipping— Sharjah. Alfred C. Toepfer Line— Intermodal. Algerian National Line (CTJ AN)—Unipacif ic.903 words
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Article, Illustration1121 1979-03-07 18 SHIPOWNERS worldwide concerned with the huge increases in fuel prices are constantly on the look out for ways to reduce fuel costs. Alternative propulsion systems are being examined and some owners have even suggested a return to windpowered sailing ships. Paint manufacturers on1,121 words
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Article, Illustration372 1979-03-07 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Chicago Maru (after Laertes shifts) 13/14 Chidambaram (1830) 42/43 Faurei. (1830 hauls after Martha Bakke) 47 Golden Eastern (after LCT Arrow) 22 Kobe Maru (1500) 40 41 Kota Tanjong (0700 after Kota Rukun) 10/11 Laertes (1830 after Tongariro) 6/7 LCT Arrow (0600)372 words
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Page 13 Advertisements
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Advertisement317 1979-03-07 13 Everett Lines KM TMK MOST FtIQUKMT SAIIIMOS TO lAMOKOK HONOKOMC •JAPAN PUS AM. Orient Overseas FULLY CONTAMERISED SERVICE TO EUROPE (VIA SUEZ) IH-KONG com AMR »r MERCATOR low lORCNTAL CHEF 13* S SEAS BROGE 20* ORIENTAL RESEARCHER i«f NEFTUC CORAL 12* CHEVALHt PAIR. 15* ICPTIM PEARI 14* Ml vessels call317 words
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Advertisement284 1979-03-07 13 fSI SEALORD ANTAH a UASC UNITED ARAB SHIPPING CO (SAG) I All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability. ■ARABIAN GULF WEEKLY SERVICE! i 1 —i Vessel S pore Loading for Dubai (26/3) Dammam (30/3) Kuwait (3/4) Muscat (5/4) Bahrain (8/4) Abu Dhabi (11/4)284 words
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Advertisement468 1979-03-07 13 NEPTUNE ORIENT LINES LTD Hft CONTAMER* MERCATOR 0 CHEF J S.S BRIOGE II 13 Mai 17 Mar 18 Mai F stowe Havre Rdam 28 Mar 24 Mar 25 Mac 2 Apr 29 Mar 30 Mac 7 Apr 3 Apr 4 Apr 23 Mar 24 Mar 13 Apr 9 Apr 10468 words
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Advertisement742 1979-03-07 13 I DSB-LIMES^fcU. EUROPE/FAR EAST SERVICE See Pege IV Column 3 for Soilings AtJfOTS SINGAPORE SHIPPING AGENCIES PTE LTD WARKfTING *****? GENERAL *****1 A Ms.a EURO ASIA LINE SDN BHD K L *****7- P KLANG *****1 3 PENENG *****, 2 MAERSK LINE Arthur Maersk* Arid Maersk Anders Maersk Übtrt Maersk Adrian742 words
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Page 14 Advertisements
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Advertisement763 1979-03-07 14 Hapag-Lloyd Sptrt PKeUnf 16 3 N/3 Mai Us 19 3 21/3 2V3 24/4 25/4 FULLY CONTAICJHSCD TO GENOA/TMESTE S part P Ketmf Genu tUkaU Maru 8 3 10/3 29/3 MppMca 17/3 19/3 6/4 FUUT CONTAfCRQED TO USA CANADA Feeder P Man# Spore Hf Marine 19/4 17/4 3/5 30.4 21/4 Long763 words
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Advertisement508 1979-03-07 14 sssz barber blue Front IB ATLANTIC US GULF ft EAST CANADA 9 Neil km* "IN PMC" Mar 10-15 (M. 15-17/3). "MEJtLAUS To: US ATLANTIC US GULF I EAST CANADA nwnw»toi I M—towi Motanpta SBKAPOK »/20 M»2l/»" 2«/ Apr 2 •p. k«»i 20/22 Pcruny I Mtit ImOw: "TlwiH|i>Ui" H> 835 To:508 words
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Advertisement570 1979-03-07 14 EVERGREEN LINE FAR [AST EUROPE express FULL CONTAINER SERVICE ACCEPTMG CARGO FOR: HAMBURG FELIXSTOWE. ROTTERDAM. ANTWERP EE HAVRE ALSO ACCEPTMG CARGO FOR UNITED KMCOOM SOUTHAMPTON LONDON. MANCHESTER BIRMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BttMfftHAVfN HOLLAND AMSTERDAM S pmt Ha*HT| f (faitm trttcrdjm Mhmp L« Hint Ew> MW 19 21570 words
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Advertisement1255 1979-03-07 14 1 Everett LiiiesJ Bum* Fhrt Star Sktppinf C«rpn. 'BURMESE NATIONAL LINE" lOMK H* RANGOON KTOKTM rmsmswirm 1 BFs S C Agent* in Motoywo TEPS MALAYSIA Port Ketoog T«l (381-7355 Penong TH *****/***** jLLf Camp Mii ArfMtim Dt N«v«vac»on InttrcontiMiital S. A. C.I. F. Mf "ARGENTINE NATIONAL LINE" 10*01# FOR MMR1,255 words
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Advertisement679 1979-03-07 14 OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHENTON WAV MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****7Q SANKYO LINE OCEAN TIMBERS LINE KARACIO/BOMBAY/CALCUTTA SERVICE SMGAPORE PKELANG PENANG SUMO SUN Safcd In Pgr! KARACHI KAPOR 12/13 Mar MAMAS. CALCUTTA FUKUSHMA MARU2S/25 Mar 26/26 Mar 27/27 Mar679 words
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Advertisement804 1979-03-07 15 OCL Overseas Containers Limited CONTUOSHP SERVICE TO W/CONTMENT: LwpoN by Thames Uaru Karama Main Kmrioon Bay Mmaava Maiu Hanffeonf f ifx«s BenaMn City j l (dwtmrin Car4iga« Bai Maru Hharg Spore PHetang D wt 20 Mar 21 lb 21 MUf ?«ll» 18 V 2« Apr 21 ky 2i Mai 2t804 words
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Advertisement963 1979-03-07 15 f GRANARD LINE RELIAfII I DEPENDABIE HON-CONFERENCE EXPRESS SERVICE «ST BOWO-FAR EAST /MEDITERRANEAN M V MAN I*l *22W M V MAN AN V 24* PKMaag Penang l»a*ig t« 21 Mai 1 Apr M V MAN HMG 2SW 21 Apt All VCSSCIS ACCEPTMG CONIUCA CARGO EAST BOUND-MEDITERRANE AN/FAR EAST o»i6oti(i feddah963 words
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Advertisement693 1979-03-07 15 ra BEN LINE EXPRESS CONTAfO SERVICE TO/FROM EUROPE ro euro* Bar Bar Hawg4an| Eipms TaAya Bay Spoie P Kelang H BURG B WItN City at EMwfk Cartga* Bay |j»|i Mm FROM EUROPE HBURG B HAVEN ROAM HAVRE SOION M Germany Austria Benehu Kamatura Hani SM bM llaagfcant Eiprau SjM SIM693 words
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Advertisement630 1979-03-07 15 Scan Dutch V I a A A :< \M *:< J »rrirri r« ?i n i :mii: i>i (•mi »ii ii :fi: r^n?! Fe*r tron P Man| 24/1 1/4 1/4 11/4 u »/4 1/5 3 cn i/s ii *ui p i*| *«1 n/4 EASTBOUND FROM MED/UK EASTBOUND FROM MED/UK/NC/SCANDINAVIA 11630 words
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Advertisement693 1979-03-07 15 GUTHRIE BOUSTEAD THE BANK LINE LTD. LOADS FOR E I S. AFRICA Dvtwn 1 ft. Capetown! FROM EAST 1 SOUTH AfWCA Spore 77/31 Mar P I FOR BANGKOK MAM* Penang P Ketang Spore kg 5/ IMa Pw»nt ru« S per h Hat/ IMa LYKES ORIENT LINE EXPRESS SERVICE WRECT FROM693 words
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Advertisement984 1979-03-07 16 > K LINE KAWASAKI KISEN KAISHA, LTD. EUROPE MPf-ESS SfW vK tTO EUROPE S poie P Kelang I Ha»re R dam H burg Bremen A awrp I# CUNIAJNIR I4W 8 Mai 9 Mar M Mat 25 Mai 21 Mar ?8 Mat JO Mar MtRCAIOR 10* 11 Mar lj Mar 29984 words
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Advertisement1052 1979-03-07 16 U.S.A./EAST CANADA SERVICE ACCEPTR* ra/ia CONTANfRS FROM PENANG. P KEIANG STORE LoadMg lor NEN TOM NORfOLK Penang BtUwn P *Hang Singapore E.C./GREAT LAKES SERVICE LOAOWG FOR NEN YORK. NORfOLK BALTRRORE PHLAOELPHU MONTREAL TORONTO Penang BdMV P *etang SrnfWr "S O MYSORE' («SA 30 SCI) 19/20 Ha lf/ll Mar 15/14 Mar1,052 words
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Advertisement514 1979-03-07 16 3 S A (iroup SINGAPORE SHIPPING AGENCIES PTE. LTD 20Tm FiOOR Oct AN BUILDING SINGAPORE 1 MARKETING- *****? (J UNtSi GENERAL 91 3111 114 LINESi TELE* RS 2459S RS 2',568 A 8 CARSmP CABLE CARGOSMiP f- SI\GAPOKf: ISI.AM)S U\H M/PDI t t.AST RtdL'LAR I.IXER A SAFE WAV TO SHIP BY514 words
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Advertisement774 1979-03-07 16 MALAYSIA* INTERNATIONAL SHIPPING CORPORATION BtPHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVM fetdei 'P keunj Vessel Spore 1) Mseilles ?> Rdam 3> Hbwg 4» Gburg LLIANORA Sailed MHON 11/3 V) 3 30 3 1 4 3 4 fRANCESCA 17 3 ICO HIM 20 3 3 4 8 4 10 4 1?774 words
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Advertisement870 1979-03-07 16 INTRASEA (PTE) LTD Faber House 234E Orchard Road Singapore 9 Telephone *****1M*****57 ivIVMAfIAUIV WMtt MDEPENDENT S(M/FULI CONTAMER SERVICE TO EUROPE S pore *«an» Pmanf Lm*i( tv TOMMM3I 1» Mb 22Ma Rotterdam Mwp Ami Th nn mm <c«* a») 77 Ma u im« NOUatMUI MM* 77 Ma Td Rotterdam Boulogne i870 words
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Advertisement344 1979-03-07 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) S PORE PT KEL PENANG PT SUEZ PT SAB ALEX YANN6 Sided Omits hi I Mar 20 Mar 2i Mar 31 NHS U Apr 19 May 4 May 10 Ma* 18 Subject nducement MM344 words
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Advertisement335 1979-03-07 17 Seatrain Pacific S Full Container Service to USA FEEDER VSI PR STORE Alemanu Eipress 1/3 Hon(kon( Eiprns 13/3 Kamakura Mam 11/3 13/3 Tokyo Bay 16/3 11/3 MOTtOt VSLHK OAK LA Stikai Leinfton 13/3 31/3 29/J V. 151 Seatran Bunker 23/3 9/4 7/4 M« 37 7/4 lt/4 U/4 Full Container Service335 words
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Advertisement355 1979-03-07 17 ENTERPRISE PTE LTD Room 610. 6th floor High Street Centre S pore 6 Tel *****/*****/***** REGULAR SAILINGS TO FROM BANGKOK/SINGAPORE (ACCEPTMG GEN CARGO CONTAMERS i HEAVYIIfTSI MV KNt COAST loading to* I* Lae Madang Ooba, Moresb, VOY 206 VOY ?06/7 <S N) OY 207 <S N) BRK In Port 17,70355 words
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Advertisement284 1979-03-07 17 ORN FAR EAST ,11 WEST AFRICA SERVICES CONTAINER BULK SERVICE TO LAGOS/APAPA, PORT HARCOURT, TEMA AND MONROVIA VESSEL Japan H Konj S pare Lifts FEEDER/MEMOSMP 28 Mar 19 May YUEFLOIO 21 Mar 14 Apr 20 Apr 20 May A VESSEL 23 Apr 10 May 16 May 15 Jun ACCEPTMG BOTH284 words
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Advertisement56 1979-03-07 17 M.V. LOON PAT VOY \/T% arrived ZULT% P-S.A. Gafewa 25 General survey on damaged cargo discharged ex the above vessel will be held on Friday 9th March 1979 as from 9.00 a.m. to 3.00 p.m. No further survey will be held after this date. STRONG WILL ENTERPRISE (PTE) LTD As56 words
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