The Business Times, 20 March 1979
1979-03-20
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The Business Times
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Title Section10 1979-03-20 1 BUSINESS TIMES No. 141/1/7S TUESDAY, MARCH 2», 1919 50 CENTS10 words
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BRIEFLY...
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Article65 1979-03-20 1 JURONG Shipyard was fined a total of $20,000 yesterday by a District Court for offences under the Factories Act which resulted in the explosion and fire on board the tanker Spyros last October. The company's repairs manager, Mr Y. Sekido, was fined $10,000. Mr T. Yano, a joint65 words
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Article42 1979-03-20 1 UPI JERUSALEM, Mon. The Israeli Cabinet overwhelmingly accepted the Egyptian-Israeli peace treaty, giving its approval to the first pact of its kind between Arabs and Jews and clearing the way for its presentation to Parliament where endorsement seemed certain. UPI.UPI - 42 words
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Article44 1979-03-20 1 j KUALA LUMPUR, Mon. The Malaysian government, in an effort to stamp out rubber smuggling into Thailand, has asked the Rubber Exchange and Licensing Board to consider cancelling the licences of dealers who own warehouses on the border, Parliament was told today.44 words
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Article73 1979-03-20 1 UPI BANGKOK, Mon. China proposed today to delay peace negotiations with Vietnam until next week and effectively turned down a proposal that the talks be held at the frontier. The official New China News Agency said Peking wanted the talks to be begin "about March 28," withUPI - 73 words
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Article57 1979-03-20 1 Reuter TOKYO, Mon. The Bank of Japan sold about US$45O million (SJ99O million) today on the Tokyo foreign exchange market to defend the Japanese yen against the American currency, dealers said. Despite the determined intervention in active trading, the dollar closed at a rate of 207.80 yen,Reuter - 57 words
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Article60 1979-03-20 1 Reuter CAIRO, Mon. President Carter's national security adviser Zbigniew Brzezinski left for home today after apparently failing to win Saudi Arabian and Jordanian support for the proposed Egyptian-Israeli peace treaty. The United States wanted Saudi backing and Jordanian participation to give weight to the projected accord inReuter - 60 words
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Article64 1979-03-20 1 UPI GENEVA, MON. Advanced and developing countries, after four years of talks, came closer to agreement today on a Common Fund to finance a series of price-stabilising commodity arrangements. At the latest round of discussions the two blocs reached tacit agreement on the size of such aUPI - 64 words
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Article61 1979-03-20 1 AP NEW YORK, Mon. Stock prices rose cautiously today as traders were awaiting for the results of President Carter's meeting with senior aides to discuss energy and the economy. The Dow Jones average of 30 industrial issues was up 5.55 to 858.37 in early trading. Advancing issues outnumberedAP - 61 words
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Chief Price Changes
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Article129 1979-03-20 1 Rises Most Active B Sembawang 376 Kuehai 187 T Harbour 410 A Enterprises 322 O C B C 850 M*liy«*iti 258 Ayer Hitam Tia 1250 laiaad A Pea 350 Suagei Beai 905 Berjualai 775 Stha Kiata 650 Apollo 270 Falls Grand Central 161 UIC 306 Times Pub 298 Robinson129 words
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Article, Illustration154 1979-03-20 1 Rises Most Active S Malayan 13.30 .50 T Harbour 4.30 .46 S Darby 239.000 Petaling 8.00 .45 H Par 203,000 Bt Semb 3.80 .44 Consplant 193,000 Sg Besi 9.20 .40 K L Kepong 145,000 A Hi tarn (R) OCBC Kuchai 2.80 .27 Total Turnover 2.48m 8.60 1.87 .25154 words
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Article522 1979-03-20 1 FONG MEW LENG - SIX-YEAR CONTRACT By FONG MEW LENG ACMA Singapore, a locally-owned company, has just concluded its third technical transfer agreement within the last two years. The six-year agreement, made with a Philippine company, Silcor Management Corporation, calls for Acma to sell technical know-how in making frostfree refrigerators522 words
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Article277 1979-03-20 1 PRIVATE investment in Malaysia reached only MSB.4 billion in the 1976-78 period because of the uncertain domestic economy created by adverse world economic conditions, the Malaysian government said yesterday. Its mid-term review of the country's economic development plan said investment in the private sector grew by277 words
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549 1979-03-20 1 RONNIE LIM - By RONNIE LIM A SINGAPORE-Soviet seefood processing joint venture, Marissco, has put forward to the New Zealand government a proposal for a fishing joint venture with a local company here. According to Department of Trade and Industry (DTI) officials, the project is under549 words
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Article232 1979-03-20 1 Reuter BRUNEI, on assuming full responsibility for foreign affairs from Britain at the end of 1983, may wish to establish diplomatic missions initially in the UK, the United States and Singapore. This is disclosed in an exchange of notes published in London along with the text ofReuter - 232 words
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283 1979-03-20 1 MANDARIN litfWiWml Hetels, which muMgM a ■amber ef Mete la Saatbeast AsU aad HnfkMg, is keeplag ipei mlad" iknt partkjpatiag la betel develepmeat la Chtaa. Mr E. C. Waterhease, the maaaglag director, ■U that la eammea with meat betel graaps, the Mmpaay283 words
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496 1979-03-20 1 WANG LOOK KEAH - By WANG LOOK KEAH AUSTRALIAN Transport Minister Peter Nixon said that his country has worked out a package which he believes will solve any outstanding problems, arising from its international civil aviation policy (leap), with Asean countries. Speaking on his arrival here496 words
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Page 1 Advertisements
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Advertisement433 1979-03-20 1 How to double your not worth The 23rd February edition of FORECAST contains the hnt feature article of a new ongoing series designed to monitor me progress of a most successful investment program The key to the success of this program is that it deals, sensibfy and cautiously with a433 words
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Advertisement67 1979-03-20 1 mm SHIPPING TIMES SHIMANO la vests film la aew Iw t CONVENTION irive Is mi 2 MANILA eaatraeter kailds brMges to Malaysia S NO ruk ia US sil price feeaatral 5 MORE IwMttvea fir CMacae ELUSIVE US n LETTER U the KAN asaaras f< KECK Seac CROSBWOBD6 t, MEMOPAD S,67 words
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Advertisement38 1979-03-20 1 Plain paper copiers Preferred by offices worldwide. CALL *****33. Wywy Private Limited AHHV Su>tt 3901 39(h R Hong Leong Buttng. mm 16 Raffles Quay Singapore 1 w 3 u to* S > BUSiMfc SS MACHINf S P'f 1 Tf;38 words
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TRADE AND INDUSTRY
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Article574 1979-03-20 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 Mar574 words
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Article213 1979-03-20 2 A THAI team of managing directors and key officials from the Thai medical and hospital industry flew into Singapore yesterday to attend the "Medic-Asia 79" exhibition. Leading the 40-strong group is Dr Theera Suthiprasert, director of the Chongchin Hospital. The others include Dr Kasem Buacharoen, managing213 words
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Article, Illustration93 1979-03-20 2 TWO NEW Kadak Caliirtniai, measariag tkree metre* b> aae metre each, are aaw aa display la the paaaeager arrival termiaal af the Siagapare iateraatiaaal Airpart ta shew tearists the Repabttc's sceaie spate. Oae af the Calaaramaa ia a shet af Albert Street at Bight,93 words
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648 1979-03-20 2 FOO CHOY PENG - By FOO CHOY PENG SHIMANO Singapore (SS), the Singapore manufacturing plant of the Shimano Industrial Co (SIC) of Japan, is to invest $10 million for the introduction of new product lines here. The outlay, to be expended over the next five years648 words
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Article234 1979-03-20 2 A LEADING Singapore magazine publisher, Times Periodical, has teamed up with Far East Media to publish specialised directories. The new company, Times Directory, was started last December, and its first publication will be an ambitious one on banking and insurance. It will be out this234 words
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98 1979-03-20 2 A MINI-DISPLAY of furniture and wood products will be held today at the Shangri-La Hotel, organised by the *C group of the Singapore Manufacturers Association specially for 45 visiting American furniture retailers and interior decorators. The mission, here on a four-day visit, includes owners,98 words
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124 1979-03-20 2 THAI Internationa] will launch its all-cargo flights from Bangkok to Hongkong, Karachi, Rome, Frankfurt, Copenhagen and Amsterdam from next month. The new cargo service will operate three times a week, using a recently purchased DC-8-62F which offers a fully palletised payload of 30124 words
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Article66 1979-03-20 2 FOODTECH '80, an international primary food processing, brewing and baking exhibition, will be held at the World Trade Centre from June 23 to 27 next year. The four-day exhibition will put manufacturers of plant and machinery in contact with the Asean food and drink industry. A conference66 words
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Article, Illustration196 1979-03-20 2 THE SINGAPORE Convention Bureau has expanded its staff to seven with the appointment of two new convention officers, and the promotion of its most experienced officer to senior convention officer. Mr Low Ngua Mini, promoted to senior convention officer, first joined the bureau in May 1976. He196 words
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Article108 1979-03-20 2 THE International Federation of International Furniture Removers (FMi) has deckled to bold its annual five-day congress in Singapore. Two Fldi officials, Mr. B. C. Bennett, senior vice president and Mr. A. van de Casteele, secretary general, were in Singapore recently to inspect local convention facilities.108 words
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563 1979-03-20 2 TSANG SAU YIN - By TSANG SAU YIN CAREERS '79 will be the first exhibition to be organised and promoted by the convention facilities department of the Port of Singapore Authority (PSA). The exhibition in May has the cooperation of the Ministry of Education and will be563 words
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405 1979-03-20 2 THE SINGAPORE Convention Bureau (SCB) will pay more attention to the promotion of incentive travel to the US and UK/ Europe in the latter part of the year. Promotions geared for the latter market will likely begin in September and will cover incentive405 words
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Article45 1979-03-20 2 AN ASEAN Travel Film fair and exhibition will be laM at the Singapore Conference Hall this Saturday and Sunday. It is organised by eight national tourist offices based in Singapore: Hongkong. India, Indonesia, Korea, Malaysia, the Philippines, Taiwan and Thailand. W45 words
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Page 2 Advertisements
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Advertisement17 1979-03-20 2 w 'm.%* w-> st m <i ,v >v \%> s NV ;tl «r~ BALLY OF SWITZERLAND rinh r17 words
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REGIONAL
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499 1979-03-20 3 THE Construction and Development Corporation of the Philippines (CDCP), one erf the 10 largest Asian building contractors, plans to bring more of its technical expertise to Malaysia, a spokesman of the corporation said in Kuala Lumpur. A newcomer to the Malaysian construction scene,499 words
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152 1979-03-20 3 A JOINT—VENTURE factory to produce cooking oil, margarine and ghee will be set up at Negri Sembilan's newly developed Chembong industrial estate, about 26 km from Seremban. The project, the first to be set up in the state, will be jointly undertaken by Rafina152 words
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Article143 1979-03-20 3 AFP INDIA'S tea exports in the current financial year ending March 31 are estimated to be over 40 million kilos less than last year. Calcutta reports quoted Commerce Secretary Krishnaswamy Rao Saheb as saying that exports during the year would be between 170 and 180AFP - 143 words
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Article, Illustration39 1979-03-20 3 Indonesia's President Suharto welcomed Thai Prime Minister General Kriangsak Chomanand at Medan airport, North Sumatra on Saturday. The two held a closed-door meeting on bilateral relations and security issues in South-east Asia. UPI picture. UPI pictureUPI picture - 39 words
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200 1979-03-20 3 Reuter THAILAND has been told to reduce its tapioca products exports to the European Economic Community this year. Mr Finn Olav Gundelach, vice-commissioner of the EEC in charge of agriculture and fisheries made the remark in reply to a reporter's questionReuter - 200 words
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91 1979-03-20 3 AP PEIRRE Cardin, the French designer, arrived in Peking yesterday with what he called "the Superman-Peking roof look." On his third visit to China, the designer is scheduled to give three shows to show the Chinese what he has in mind for their exportAP - 91 words
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368 1979-03-20 3 Reuter AUSTRALIA'S inflation rate by the end of fiscal 1978/79 (July 1978-June 1979) will not be as low as the 5 to 6 per cent predicted in last August's 1978/79 budget papers, Treasurer John Howard said. Speaking on his return from a visit to theReuter - 368 words
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268 1979-03-20 3 Reuter THE Japanese Economic Research Centre forecast Japan's real economic growth rate in fiscal 1979 starting next month would be about 5.2 per cent, compared with the official target of about 6.3 per cent. But the private organisation also forecast in a report thatReuter - 268 words
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Article186 1979-03-20 3 Reuter JAPAN'S Sony Corporation said yesterday it would boost colour television production in Britain from the present 100,000 sets a year to 150,000 by late next year for sales in the European Common Market, northern Europe and West Asia. Sony (UK) Limited, wholly-owned by theReuter - 186 words
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Article396 1979-03-20 3 AUSTRALIAN Deputy Prime Minister Doug Anthony yesterday called on the United States to implement the international sugar trade agreement (ISA). Mr Anthony, who is also Minister for Trade and Resources, was addressing the annual conference of the Australian Sugar Producers Association in Canberra. "The US396 words
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624 1979-03-20 3 UPI SOME SECTIONS of China s invasion army remain Just inside Vietnam, with other forces on war alert across the border in China, according to Western intelligence sources in Bangkok. What the sources said yesterday in effect backed up Hanoi, which said onUPI - 624 words
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268 1979-03-20 3 Reuter THE dispute between the Philippines and the United States over a new bilateral air treaty may soon be resolved and new arrangements for extra flights between the countries established, according to US Senator Danile Inouye of Hawaii. In a letter to theReuter - 268 words
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Article89 1979-03-20 3 Reuter SOUTH KOREA'S trade deficit rose to US$434 million (***** million) from January's $306 million and $86 million in February 1978, according to provisional figures released yesterday by the Economic Planning Board in Seoul. The trade shortfall increased February's current account payments deficit to $357 millionReuter - 89 words
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Page 3 Advertisements
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Advertisement33 1979-03-20 3 At the turn of the century things exotic were pursued with a passion. e* 5 gi v i <S J 1 /fs the turn of the century at the Century Park Sheraton Singapore.33 words
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Page 3 Miscellaneous
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Miscellaneous649 1979-03-20 3 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 4 Too long for a dally, perhaps (3, 3) 7 Goes for profit (8) 8 Smashing game (6) 10 Possibly teach a crook (5) 13 Fur of the cat that ate the duck (4) 14 Victim of hunting skill (4) 15 Catherine a swimmer (4)649 words
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RAW MATERIALS
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Article297 1979-03-20 4 OPENING quotations in Singapore yesterday were marked down 1.25 cents following easier London advices and last Friday's after hours weakness here. The market thereafter fluctuated narrowly throughout the morning session in quiet trading, dealers said. The morning session was quietly lower with April One RSS buyers quoted at 251.50297 words
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Article328 1979-03-20 4 R.A.S. prices In cents per kilo yesterday: Close Noon (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 251.00 252.00N 251.50 252.50N Int. 1 R.S.S. April 251.50 252.00 252.00 252.50 Int. I R.S.S. May 251.25 251.75 251.75 252.25 Int. 2 R.S.S. 247.00 248.00N 247.50328 words
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Article105 1979-03-20 4 NOON SSR ■IK 1 SMR price* y«Urd«y May RA9 April (Carraat Mth) (Forward Mth) Buyers Seller* Buyer* Sailer* SSR 20 <1-1 ton pallet) 244.50 246.50N 245.50 247.SON SSR SO (l-l Ion pallet). 241.50 243.50N 242.50 244.50N MRELB SMR CV (1-ton pallet) 256.50 258.50N 257.00 259 OON SMR105 words
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Article72 1979-03-20 4 C.I.F. North European ports, in US dollars per ton unless otherwise stated. LONDON: Krl PrtvlNi Malaysian 5%ffa bulk per tonne May 680slr 672slr Sumatra 5% ffa bulk March 702' sir April 700pd 680/685pd May 685/692 pd 677 1 /680pd June 677' pd 665/667 pd July 672 pd 65272 words
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Article70 1979-03-20 4 THE STRAITS tin price in Penang yesterday finned another Mss to $1,990 per picul, to stand $290 above the International Tin Agreement ceiling. Sentiment was boosted by the firmer London closing last week, together with strong Japanese and local demand and continued low supplies of concentrates from miners70 words
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Article30 1979-03-20 4 Rubber: March 19 Singapore: April: 252.00 cents (down 0.75 cent) Malaysia: April 255.50 cents (down 0.25 cent) Tin: *1,990 (up $5) Official offering: 180 tonnes (up 22 tonnes)30 words
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Article55 1979-03-20 4 STOCKS in London Metal Exchange official warehouses at the end of last week, (all in tonnes except silver, which is in troy ounces): Cupper fell 10,525 to 271,200; Tin fell 70 to 1,805; Lead rose 1,925 to 16,375; Zinc fell 25 to 71,125; Aluminium fell 75 to 12,700;55 words
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Article107 1979-03-20 4 OFFICIALS from riceproducing and consuming countries open a meeting in Manila today to discuss ways of ensuring order in the international market. A United Nations Food and Agricultural Organisation (FAO) statement said with growing reserves in many rice growing countries, inter-government group of rice countries107 words
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Article70 1979-03-20 4 AFP THE TAIWAN Sugar Corporation is expected to produce 850,000 tonnes of sugar this year, some 50,000 tonnes more than the planned goal of 800,000 tonnes. The corporation's sugar production last year amounted to only 720,000 tons, due to typhoons which did damage to the sugar cane plantationsAFP - 70 words
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Article311 1979-03-20 4 PEPPER continued to ease in very quiet and routine trading on the Singapore produce market yesterday. Over the last fortnight or so, the price had been marked down by $15 a picul by the Singapore Chinese Produce Exchange as traders here expect Sarawak's bumper harvest to be in311 words
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Article301 1979-03-20 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 pet first class (Kangaroo) new crop 0.95, 100 pet second class O.K. 100 pet third class 0.83, 25 pet new crop no stock, B-10 pet 0.75. THAI BROKEN A-super 0.62. Special 0.5 C. THAI RICE: 55 pet301 words
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Article172 1979-03-20 4 TRADING on the sugar futures market yesterday continued the recent quiet trend with no trades registered, as on Friday, dealers said. Nearby May closed at 8.55/65 US ceuts against Friday's 8.68/70 close, July at 8.90/9.00 against 9.00/05 and the distant March at 9.85/95 against 9.95/98 cents. Net open172 words
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85 1979-03-20 4 Reuter THAI Tl> exports last year nae to 28,394 tones of til metol from 21,438 in 1977, according to preliminary Agues from the Baagkokg government's working gronp on trade statistics. Last year's tin exports were valned at U*****.7 million, 57.1 per cent higher thanReuter - 85 words
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Article688 1979-03-20 4 OILSEEDS: Brokers reported a very slow start to vegetable oils and oilseeds trading yesterday. Crude palm oil was firmly held following last week's export activity but other edible oils were offered at around last week's closing levels in featureless early dealings. Soybeans were also quiet. Linseed oil was688 words
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Article198 1979-03-20 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) ('•tea y*r»: China Blue Phoenix 20b 2.400 32s 2.940 4Qt 3.100 (per bale of 400 lbs). PWe km*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly198 words
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Article571 1979-03-20 4 AP THE UNITED STATES must protect its sugar industry or watch it die and be replaced by a price-goug-ing international sugar cartel, US senator Spark M. Matsunaga said. But Matsunaga predicted that Congress will pass legislation by the end of April to stabilise andAP - 571 words
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439 1979-03-20 4 AFP PRICE movements over the past week have been rather limited and the outstanding feature has been the return of a discount for white sugar below raws, write Czarnikow in their latest review. Despite substantial sales of raws from producers to trade houses,AFP - 439 words
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513 1979-03-20 4 NYT THE CHICAGO Board of Trade took highly unusual action to forestall what Washington regulators had warned was a threat of manipulation of the wheat market. Acting after the Commodities Futures Trading Commission warned that a speculative squeeze threatened to disrupt the market, theNYT - 513 words
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Article298 1979-03-20 4 Reuter TALKS on a proposed commodity price stabilisation fund may be extended beyond their scheduled concluding date as negotiators try to resolve wide differences between industrialised and third world states, delegate sources said. Positions are still far apart on total size of the fund and theReuter - 298 words
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Article105 1979-03-20 4 THERE will be no noticeable shortage of minerals in the world between now and the end of the century, a survey by the American Bureau of Mines showed. It seems possible that asbestos and fluorine will be in short supply, while bismuth supplies should105 words
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365 1979-03-20 4 AP A STATE of emergency remains in effect in two Southem states where about 4,600 miners are on strike against the Southern Peru Copper Corp. Troops moved into the mines and arrested an unannounced number of labour leaders who were accused ofAP - 365 words
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Article34 1979-03-20 4 PROPOSALS for gold futures trading have been submitted to the Hongkong Commodity Exchange by the International Commodities Gearing House (Hongkong) Ltd, Peter McLaren, managing director of the clearing house said.34 words
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188 1979-03-20 4 Reuter CHINA'S grain imports over the next several years will probably exceed 10 million tonnes annually, based on recent agreements the Chinese have signed with Australia and Canada, US agriculture secretary Bob Bergland said. Bergland noted the Chinese have said their import requirements wouldReuter - 188 words
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Page 4 Advertisements
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Advertisement146 1979-03-20 4 mm MEDIC-ASIA The First Comprehensive Medical end Hospital Equipment Show for the ASEAN Merfcet. I k THE PARTICIPANTS: Manufacturers and distributor? of medical and hospital equipment from all over the world, particularly the developed countries, will be displaying their wares. Specialists and medical experts from die advanced countries wW be146 words
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OVERSEAS
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853 1979-03-20 5 UPI AP PRESIDENT Carter is virtually certain to remove the federal price ceiling on oil, but is not likely to take the controls off all at once. Sources said on Sunday Mr Carter has ordered senior government officials to meet himUPI; AP - 853 words
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248 1979-03-20 5 UPI LIBYA Is making what Its Oil Minister describes as a "major offering si oil exploration acreage, both onshore and offshore," In an effort to boost the discovery of new reserves, according to the Middle East Economic Survey published in Nicosia yesterday.UPI - 248 words
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Article, Illustration421 1979-03-20 5 PALESTINE Liberation Organisation (PLO) leader Yasser Arafat hinted yesterday that he might accept a compromise formula for Mid-East peace talks under United Nations control. In an interview with the Arabic weekly newspaper An-Nahar Arabe et International published in Paris, he was askedAP picture - 421 words
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222 1979-03-20 5 UPI AMERICAN Senator Frank Church, chairman of the Senate foreign relations committee, said Saudi Arabia is "vital" to US interests and should be defended by American troops if threatened by the Soviet Union. However, Secretary of State Cyrus Vance said he believes anyUPI - 222 words
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Article692 1979-03-20 5 ARRIVALS Service Local Operator Number Time From PAA PA006 0045 SFO/HKG MAS MH601 0700 KUL t SIA/BA SQ/BA17 0700 LHR/BAH MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945 KUL CAL CB14 1000 HLP CPA CX710 1005692 words
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Article191 1979-03-20 5 UPI FRANCE'S leftist parties, reaping political benefits from the country's serious economic difficulties, were scoring moderate gains yesterday in nation-wide local elections. With only partial but highly indicative returns available to the Interior Ministry, the Communist and Socialist factions and their extreme or radical allies wereUPI - 191 words
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Article89 1979-03-20 5 WITH flowers in their rifles, units of the Shah's former army paraded their loyalty to Ayatollah Khomeiny yesterday in the new government's first nationwide display of force since it took power last month. Faced with a bankrupt economy, nagged by persistent lawlessness and challenged by leftist89 words
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WORLD IN BRIEF
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Article591 1979-03-20 5 Agencies FORMER US President Gerald Ford yesterday urged the sale of Alaskan crude oil to Japan. He said that world conditions have changed since 1970, when Congress banned the export of Alaskan crude oil, as a condition for allowing construction of the Alaskan pipeline. "The AmericanAgencies - 591 words
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327 1979-03-20 5 UPI WESTERN nations have sounded a clear warning that any breakthrough at the UN Conference on the Law of the Sea, starting a new session yesterday, is impossible unless developing countries back off from some of their more sweeping demands. Lasting six weeks,UPI - 327 words
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Article229 1979-03-20 5 THE MAIN foreign policy concerns of Americans are the perceived decline of US world power and the Soviet Union's growing military might, according to a Gallup survey published in the spring edition of Foreign Policy magazine. More than 1,500 persons chosen at random and a229 words
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Page 5 Advertisements
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Advertisement671 1979-03-20 5 -►Fil i i! i an We've listed products of potential from Australia. Products made or processed with great skill and expertise. Made to sell in international markets. Especially here in Singapore. Check them through carefully. You could find that good profit earner you're after. Then contact the Australian Trade Commissioner.671 words
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Article467 1979-03-20 6 MOST PARENTS, and nearly all students, will read with tremendous relief the findings of the Ministry of Education, as published in the fourth chapter of the 1978 report. For after all, the overloading on students had become evident, although no one seemed inclined to point467 words
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295 1979-03-20 6 THAT THE American administration is not oblivious to the need for reduced trade deficits is not in doubt. There are enough public pronouncements by its leaders to attest to that. Yet it is true that concrete steps that would help prune these deficits have been sadly295 words
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Article1774 1979-03-20 6 EDWARD COWAN - MERIT AND THE PURSUIT OF PERSONAL SKILLS WERE NOT ALWAYS HALLMARKS OF THE CHINESE WAY OF INDUSTRIAL LIFE. BUT NOW WORKERS ARE ENCOURAGED TO IMPROVE THEIR WORKING ABILITY. THE REWARDS ARE NOT CONFINED TO MORE MONEY ALONE SUCCESS MEANS BEING ALLOCATED A BIGGER APPARTMENT. AND ACTRESSES1,774 words
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Page 6 Advertisements
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Advertisement251 1979-03-20 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: 3T9677 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****66 COCKPIT HOTEL 6 7 Oxley Rise, Singapore 9 Tel: *****1 GREAT EASTERN HOTEL 401 Macpherson251 words
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Page 6 Miscellaneous
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Miscellaneous26 1979-03-20 6 P*JN(TW\N& TO (30 DOUiK p HBLF B Do"zeM (Nice op yoo To TRK^ P»ND THIS Ppcmse J trouble.. nwbMT>i Civil c£ Nou Pot TMtrn oj ToP26 words
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Miscellaneous824 1979-03-20 6 RTS bungle TUESDAY light ku ken mmN ip frMB a ratter ■tody ahtM i natog ef Use programmes to mm af mia Hn< efltrte. Haw RTS t«M have mardered Ike our total TV eveatog to toe week Is a e—ptoto mystery. Dackeaa ef Dake Street wu adtttog perfectly to toe824 words
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1117 1979-03-20 7 KAREN ARENSON - Laymen have been bombarded in recent months by economic forecasts predicting a recession in the US this year. That view is by no means unanimously held as KAREN ARENSON points oat, and the outcome may disappoint more than a few economists. TheNYT - 1,117 words
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Article641 1979-03-20 7 JIM WOLF - By JIM WOLF LEADING French retail shops, moving to offset a feared drop in business from West Asia, are redoubling efforts to cash in on the lucrative Japanese tourist trade. At the same time, "name-brand" manufacturers are stepping up their Japanese-language advertising here and intensifying market641 words
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Article793 1979-03-20 7 Philip Matha - Letter to the Editor Philip Matha Associate Professor, Head, Department of Building and Estate Management, University of Singapore Dear Str, I refer to (1) your report "Call for change in property tax base" and (2) your second leader on the same subject (Both in 8.T., 14793 words
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Article109 1979-03-20 7 Florence Tan - Florence Tan Dear Sir, We refer to the complaint made by 'Fuming Mad' against the conductor of SBS 3356E on Service 169 (BT 27/2/79). We wish to inform 'Fuming Mad' that all conductors except those on Service 170 should not accept from or issue Malaysian coins (and notes) to109 words
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Article522 1979-03-20 7 COINCIDENCES never fall to amaze. Perhaps this is because they are so amazing. A British businessman arrived in town on Saturday his first visit here since he came on an army posting back in the early fifties. Eager to see all the places he used to522 words
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827 1979-03-20 7 Reginald Stuart - (FOBPM ...with Reginald Stuart IN THE five years since the 1973 Arab oil embargo sent shock waves through the American economy, the automobile industry has suffered one of its greatest slumps in sales and employment and staged an amazing rebound.827 words
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Page 7 Advertisements
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Advertisement318 1979-03-20 7 and where to entertain i J J: U m fill '4* m 1111 II lon oosis in the oneni 214 Duneorn Rood Singapore 11 Tel. *****2 Everything's here at the Mirabelle HOTEL ASIA 37 Scott* Road, Singapore 9 Tel: mm 4 < z .4* 1m- K \A' t All the318 words
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INTERNATIONAL STOCKS
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560 1979-03-20 8 TOKYO Source: DBS-Daiwa THE market opened relatively firm yesterday on Tokyo stock exchange announcement of a cut in the margin collateral rate. However, turnover continued light with an estimated 140 million shares changing hands, as institutional'investors still remain on the sidelines. In the morningSource: DBS-Daiwa - 560 words
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Article329 1979-03-20 8 RESOURCES stocks continued to dominate activity on the Sydney stock market yesterwith selected coals, uraniand base metal in demand, dealers said. Coal and Allied rose 20 cents to $5.50, Utah 15 to $5, White fnapstries 10 to 3.G0, Queensland Mines five to $3.45 and Pancontinental 15 to $14.10. Wko329 words
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Article296 1979-03-20 8 THE Bangkok stock market closed mixed yesterday with losses in most issues in quiet trading, dealers said. Raja Finance fell 20 baht to 1,020, Bangkok Investment eight to 300, Laem Thong Bank six to 536, Consolidated Electric four to 252 and Charoong Thai Wire two to 178. Asia Credit296 words
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Article159 1979-03-20 8 THE market closed mixed yesterday with minings averages posting gains, commercials declining while oils remained unchanged, dealers said. Turnover rose to 12.1 million pesos from Friday's 3.1 million. Phil Overseas was a gainer with Merako a loser. Unchanged issues included .Atlas Con B, Baguio Gold, Benguet Con B, Marinduque159 words
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Article389 1979-03-20 8 Source: SHK Sec Ltd THE market was active yesterday following the 03 per cent increase in prime rate and the announcement Cheung Kong is to redevelop certain Wheelock Marden properties. After some nervous selling depressed prices at the opening, the professionals moved in, buoyed by a bullish report onSource: SHK Sec Ltd - 389 words
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Article31 1979-03-20 8 H.K.HANO SENG Monday 555 92 Friday 551.08 Week Abo MS 01 SYDNEY INDUSTRIALS Monday .494.00 Friday 495 02 490 HI ALL ORDINARIES Monday .WM Friday 596.53 Week Ago Em31 words
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350 1979-03-20 8 Reuter SONY CORP said the 18.2 per cent fall to 4.41 billion yen in consolidated net income in the first quarter, from a year earlier, was mainly due to exchange losses from the yen's steep appreciation against the US dollar. However, consolidated sales forReuter - 350 words
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762 1979-03-20 8 NYT THE BANKRUPTCY of the Chase Manhattan Mortgage and Realty Trust two weeks ago may have discouraged many investors who have been attracted to the yields offered by bank-sponsored real estate investment trusts. But, John Nicholson, executive vice president of the NationalNYT - 762 words
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Article155 1979-03-20 8 Reuter HONGKONG and Kowloon Wharf and Godown Co Ltd general manager H. Forsgate denied stock market rumours the company plans to bid for Wheelock Marden and Co Ltd. He said there was "no truth at all" in the rumours. Wheelock shares have risen stronglyReuter - 155 words
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Article131 1979-03-20 8 Reuter AMERICAN TtiepktM aad Telegraph said It asked the Federal O——iwUl— Cammiasiaa far permission la ralae Its all*wed rale sf retara, hat said It daea aat plaa la iacreaae telephaae charges. The cempaay laid It aaked the FTC ta raise the earalags ceUlag laReuter - 131 words
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242 1979-03-20 8 Reuter BAT INDUSTRIES Ltd's chairman Peter MacAdam said he expects increased operating profit from BAT's tobacco division in the current financial year after operating profit rose to £350 million in the year ended Sept 30. He said tobacco sales volume has continued to grow atReuter - 242 words
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Article311 1979-03-20 8 Reuter BARCLAYS Bank Ltd's domestic bank loans last year rose about 14.5 per cent, giving an improvement in real terms of some 6 per cent, compared with growth in the preceding two years which did little more than keep pace with inflation. The company's annual reportReuter - 311 words
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159 1979-03-20 8 Reuter HUTCHISON Properties Ltd has reported that (or the 'year ended Dec 31 consolidated profit after tax and minorities but before extra ordinaries increased marginally to HKJ21.93 million from $21.09 million previously. Attributable profit after adding extra ordinaries of $16.18 million was higher at $38.11Reuter - 159 words
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Article988 1979-03-20 8 NYT THE MCDONALD'S Corporation, which is probably as well known as any company, has been a mediocre stock for some years now. Not that the company itself has lacked success. Actually, McDonald's has fared better than any but a handful of corporations. But the sharesNYT - 988 words
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Page 8 Advertisements
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Advertisement66 1979-03-20 8 Announcing A NEW MONTHLY SERVICE TO NIGERIA and WEST AFRICA ports by /NIGERIAN NATIONAL SHIPPING LINE LTIA nnsl N 4 INAUGURAL SAILING: M.V. RIVER JIMINI Singapore: Apr 24/25 Lagos: May 17/24 PL Harcourt: May 25/27 0 (Conference Full Membership) proudly represented by Guthrie Boustead Shipping Agencies Singapore Pte. Ltd Maritime66 words
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BANKING AND FINANCE
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Article427 1979-03-20 9 Reuter IRAN has sought to improve its image in the world finance community by assuring foreign creditors that all debts would be repaid in full and on time. This was announced at a news conference called by the Central Bank of Iran to tryReuter - 427 words
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Article221 1979-03-20 9 BANKERS TRUST COMPANY announced that it has established a correspondent relationship with the Bank of China. Commenting on the agreement, Carlos M. Canal Jr., executive vice-president and a member of Bankers Trust's newly-formed management committee, said, "While we have been conducting some business with the221 words
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340 1979-03-20 9 Reuter THE PARLIAMENTARY Finance Committee studying the entry of foreign banks to the Canadian domestic market will recommend easier conditions than those first put forward as amendments to the Bank Act. Political sources said the House of Commons Committee is expected toReuter - 340 words
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182 1979-03-20 9 Reuter THE CANADIAN government is now negotiating with a syndicate of Japanese underwriters to float a 30 billion yen five-year bond on the Japanese capital market. Securities sources said, however, negotiations are proving difficult because the Canadian government wants a yield of slightlyReuter - 182 words
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Article591 1979-03-20 9 TECHNICAL factors continue to exert a strong sway over the US government securities market as the Federal Reserve (Fed) cootends with volatile levels of float in the banking system. Late last week, the Fed's trading desk announced three and six-day deferred matched-sales agreements to591 words
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359 1979-03-20 9 Reuter A PROPOSAL to increase the size of the Eurobond round lot to 25 bonds will be put to the annual general meeting of the Association of International Bond Dealers (AIBD) at the end of May, bond market sources said.Reuter - 359 words
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Article661 1979-03-20 9 NYT CONSUMERS continued to increase their instalment debt in January but the rise was much smaller than in December, the Federal Reserve Board (Fed) reported. It said that instalment debt of all kinds increased by |3 billion on a seasonally adjusted basis in January, as againstNYT - 661 words
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MONEY AND EXCHANGE$
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Article473 1979-03-20 9 THE FOREIGN exchange markets yesterday were quiet, with dealers waiting for more positive developments before taking a position. The US dollar was traded lightly against most currencies and tended to be on the firm side. Against the yen, the dollar opened at 107.60/70 in the morning and was473 words
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Article253 1979-03-20 9 THE DOLLAR yesterday opened firmer in a quiet foreign exchange market here compared with Friday's closing levels but roughly in line with late Far East trading levels, dealers said. Introduction at British summer time probably contributed to the quietness of early trading, they said, but added the dollar could253 words
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378 1979-03-20 9 Reuter GOLD trading is expected to be nervous over the next 12 months with the metal's price fluctuating between US$2OO and $275 (about Ss44o-$600) per ounce. Degussa director with special responsibility for precious metals, Werner Knies, said he could wellReuter - 378 words
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Article130 1979-03-20 9 Reuter THE US narrowly-defined money supply, lf-1, rose $3.7 billion in the week ended March 7 to a seasonallyadjusted $360.1 billion, the New York Federal Reserve Bank said. t The previous week's figure was revised down to $366.4 billion from $356.5 billion. The M-l plus aggregate wasReuter - 130 words
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Article174 1979-03-20 9 Asian rates ASIAN currency deposit interbank rates as at close on March 19: 7 days 1 month 2 months 3 months months 0 months 12 months US Doll. r»( Spoil Off.r bJ 10'. 10'. 109/18 107/10 10'. 10 s 10'. 10'. 11 11'. 111/16 101V16 11 10'. l month 3174 words
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Article54 1979-03-20 9 Range of price* offered by dlMMMl houses OB Mtrch 19; Overnight Vt'A Call deposits 4*** to Vt* Cloeisf Bayiaf Sellisf 3 month Treasury bills 4 1 4 1 3 month Bank bills 7 k t 7' < 3 month CD 7 1/10 0Z 15/10 0 month CD 7'< 7'.54 words
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Article21 1979-03-20 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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Article111 1979-03-20 9 Euro rates LONDON Eurodollar deposits yesterday were basically steady but with a firm undertone in quiet trading, dealers said. In periods, One Month was adjusted lower to 10H—104 per cent after Friday's technical mark-up because of a Friday end of period. Six Months firmed slightly to 11V4 —11 Vfc per111 words
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Article94 1979-03-20 9 Reuter THE FINANCE Mlatstry aad the Ceatral Baak arid they rataed the irpirit $1 UIIm 'tram" Baa, effective Im—Mateiy. Bawever, foreign haak braaehea mast atUl limit depeaita la aa mare thaa B4 ttmea the total paid ia eapttaL Under the aew raUag fareiga haaks may abaReuter - 94 words
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Article192 1979-03-20 9 STERLING yesterday fluctuated in active two-way business following substantial selling of the UK currency earlier by an American bank, dealers said. After opencng around the U552.0300 level, sterling dipped to $2.0250 before interest at the lower level enabled it to recover partially to around $2.0270/80, they said. However, the192 words
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Article159 1979-03-20 9 THE US dollar for overnight delivery yesterday closed firmer at 207.80 yen, compared with a 207.70 opening and 207.05 at Friday's close, following central bank intervention. The Bank of Japan was estimated to have sold between US$4OO million and $450 million during the day, mainly at around 207.80 yen159 words
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Article302 1979-03-20 9 SINGAPORE gold futures yesterday finished little changed from last Friday's closing levels after moving narrowly through the day, in thin trading, dealers said. Turnover for the day fell to 122 lots against 240 lots on Friday with interest centred in April, June and August. April closed steady at U*****.30/60302 words
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Page 9 Advertisements
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Advertisement175 1979-03-20 9 CSFB Credit Suisse First Bosto* (Asia) Limited 2502 DBS BUILDING, 6 SHENTON WAY SINGAPORE 1. T DEALERS ASIAN DOLLAR BONDS ASIAN DOLLAR Z CERTIFICATES OF DEPOSIf FLOATING RATE NOTES CALL: DEALERS TEL *****44 TELEX: RS254l# MEMBER OF CREDIT SUISSE-FIRST BOSTON GROUP OF COMPANIESINTERNATIONAL SECURITIES DEALERS*" NOTICE OF RATE OF INTEREST175 words
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DEALS DONE ON THE SES AND KLSE
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Article1517 1979-03-20 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with I he 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." Bi* Board1,517 words
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Article84 1979-03-20 10 4 3/4% 15/9/80 (250,000) (9B 578 M.MS) 5 1/4% 1/3/81 (250.000) (100.188 1002SS) 5% 16/4/81 (250,000) (WOIB 99 70S) 6% T F 1/5/83 (250,000) (100.108 100.208) 5% 13/11/84 (250.000) (100 008 *****S) 7 1/4% 15/4/86 (250,000) (*****B) 7 1/4% 15/10/86 (250.000) (100.85B) 8 1/2% T F 15/9/87 (250.000)84 words
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Article157 1979-03-20 10 SINGAPORE UNIT TRU8T INCOME BOND UNIT i tar Mar M) The Commerce 2 18 2.31 (Curat pi rtoes) The Saving Fund 1.27 1.36>d Income Bond 1.14 IX S pore Prog Fund o.» 100 S pore Sec. Fund i.n in S'pore Invest Fund S'pore Equity Fund I 1.00 1.34157 words
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Article2606 1979-03-20 10 Gr'» Gr't Net l»78/79 Last Div Div Y*W P/E Vol Day High Low Sale or- Cvr (TOO) High Low SECTION ONE INDUSTRIALS 272 132 Acma 214 12.0N 15 5.6 23.2 190* 123* Alcom 180 10.0 2.2 55 135 178 107 Allied Choc 123 -1 10.5 1 1232,606 words
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Article1780 1979-03-20 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 Anu (2.128) Aieeta (1.925) (1) 1.90 Ales H«M (1.205) AMD (O.MS)1,780 words
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Article, Illustration634 1979-03-20 10 STEADY caadltleßS rated ia selective tndiig at the Stock Exchange ef Slagapere yesterday. The market appeared to be gelag far sitaattoa stacks feUewiag the repeat spate sI takeovers by listed eempaales sf ether cempaales. While market liquidity is saM to be fair, there were634 words
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598 1979-03-20 10 STRONG buying interest in the afternoon took the Kuala Lumpur stock market to a very steady finish yesterday. Trading was brisk and there were good gains in virtually every sector. The New Straits Times industrial ordinary share index, reflecting the strong run-up, advanced 5.77598 words
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company news
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Article, Illustration806 1979-03-20 11 OUR REPORTER - By OUR REPORTER KECK SENG Plantations, in its second year of listing on the Kuala Lumpur Stock Exchange, is venturing into property development while strengthening its position further in the plantation sector. It is also planning to invest Mslo million in a806 words
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Article, Illustration524 1979-03-20 11 DAVID CHOW - By DAVID CHOW TOSHIBA (Malaysia) was severely hit by the changeover to colour television last year. In anticipation of this switch to colour TV in late December, consumers obviously withheld purchases of TV sets, particularly black and white ones, which524 words
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Article468 1979-03-20 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Wilkinson 14% Mar 17 Mar 19 Mar 27 21% 16% B Kawat 6%ITE Feb 28 Mar 10 Mar 28 6%TE 10(a)TE Set Nut 10% I Feb 28 Mar 10 Mar 31 10%468 words
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Article126 1979-03-20 11 Compaov Particulars Ex Date Books Close Nil Iron l> B S Dunlop Est 1*. Products Toshiba Hovis SEA Bonus Issue of I for 2 Rights Issue of 1 for 4 $3 50 per share Bonus Issue of 1 for 5 Bonus issue of 1 for 4 Rights Issue126 words
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275 1979-03-20 11 BUILDING up strongly from its recovery in 1977, General Ceramics has turned in a 70 per cent jump in pre-tax profit to a record'sl.o3 million for the year ended Dec. 31,1978. Apparently, profit margins have improved considerably since this spectacular profit rise was brought275 words
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Article161 1979-03-20 11 THE NET tangible asset value per share of property company United Overseas Land will amount to $1.22 after the proposed 13.5 million ordinary shares issue to Orient Leasing Company. This indication is given in reply to Stock Exchange of Singapore query of what its NTA will be after161 words
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Article200 1979-03-20 11 THE WIIMmm Praeess Robber Ca. Bbd: AGM to be held at 70, Jalan Am pang, Kuala Lumpur at 2.30 p.m. today. Natfaaal Iraa Steel Mills Ltd: EOGM to be held at DBS Building, Shenton Way, Singapore at 2.30 p.m. on Mar 22. Slme Darby HsUUags Ltd: EOGM to200 words
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Article, Illustration444 1979-03-20 11 IB aSKXSCL.. by HOCK LOCK SIEW FOOLISH rumours are not hard to flad la a bullish market and the latest mm to surface to the current habMy mood amoag Investors relates to a three-for-oae bonus Issue frsm property devetoper Bo tit Sembawang. The buying fever has heesby HOCK LOCK SIEW - 444 words
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Article320 1979-03-20 11 SINGAPORE Paper Products has called off negotiations aimed at acquiring a 51 per cent holding in Bored Piling and Soil and Foundation. Negotiations with shareholders of the two, private companies were terminated after reaching an impasse, Singapore Paper said in a release to the Stock Exchange. Singapore Paper announced last320 words
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Page 11 Advertisements
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Advertisement341 1979-03-20 11 SOUTH EAST ASIAN BANKING AND FINANCE 19TH 20TH APRIL 1979 Sponsored by Financial Times and Business Times The Financial Times of London, in association with Business Times, a member of The Straits Times Group, is organising a conference on SOUTH EAST ASIAN BANKING AND FINANCE to be held in Singapore341 words
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Article439 1979-03-20 12 LACK of specific objectives for bilingualism has beeti identified as a major cause for the lack of success in implementing the Education Ministry's policies. Tfoe other problem is the rigtd and heavy curriculum, "There is no specific definition of 'effective bilingualism' in terms of functional439 words
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Article67 1979-03-20 12 AFP MALAYSIA, the Philippines and Thailand will contribute 13 per cent each and Singapore one per cent of the equity in the urea fertiliser project of Indonesia. Philippine Industry Minister Vicente Paterno said in a published interview yesterday that Singapore had asked for and granted onlyAFP - 67 words
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Article564 1979-03-20 12 Reuter A DELEGATION of American businessmen from the Asia-Pacific region will visit Washington next month seeking congressional support for the establishment of a special Cabinet office to encourage US business abroad. They will also seek the abolition of US taxes on earnings made overseas and anReuter - 564 words
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225 1979-03-20 12 MALAYSIA expects to double Its oil prod actio* next year to Jtf,fff barrels a day. The mid-term review of Malaysia's l*7f-8f fiveyear economic plan said because of declining oatpot the country coald barely hold Its position mi the world's largest tin producer. Oil production225 words
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Article267 1979-03-20 12 THE PIONEER Industries Employees Union (PIEU) and the Singapore Industrial Labour Organisation (SILO) will appeal to the Government and employers to accept "plans of action" adopted at their third triennial conference and seminar which ended yesterday. These plans include recommendations to amend the Employment Act.267 words
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Article800 1979-03-20 12 LONDON, Mon. Share prices closed narrowly mixed after irregular movements in cautious trading ahead of the UK budget next month, dealers said. Early small gains were generally erased on lack of follow-through interest and leaders closed a penny or so easier where changed, although some second-line issues held800 words
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Article56 1979-03-20 12 AFP JAPANESE Foreign Minister Sunao Sonoda will leave for the United States on April 5 on a one-week visit to solve bilateral trade problems. During his stay in the US, Mr Sonoda is scheduled to meet with Secretary of State Cyrus Vance and other government leadersAFP - 56 words
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Article123 1979-03-20 12 AFP THE Philippine Central Bank yesterday announced measures designed to give the government's export promotion programme the strongest boost it has received in years. Central bank governor Gregorio Licaros said the bank's monetary board amended a circular on Friday raising the borrowing capacity ofAFP - 123 words
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Article547 1979-03-20 12 IN PARLIAMENT YESTERDAY THE PROBLEMS of the hawker and the pig farmer in a rapidly changing Singapore environment dominated a relatively short session in Parliament yesterday. Before the Budget debate on the allocation for the Ministry of the Environment, the House was told that the547 words
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220 1979-03-20 12 THE Housing and Development Board (HDB) is proposing to raise the income ceiling for eligibility to purchase the board's flats in view of the rise in total family incomes in recent years. Disclosing this, the Minister for National Development, Mr Teh Cheang220 words
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Page 12 Advertisements
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Advertisement47 1979-03-20 12 Leader...Page i IF YOU NEED THE FOLLOWING:- BS 1387 STRUCTURAL PIPES W to 2") FOR SCAFFOLDINGS AND ENGINEERING FURNITURE PIPES (ROUND AND SQUARE) SLITTING SERVICES CONSULT THE EXPERTS BEE HUAT INDUSTRIES PTE LTD 10 GUL DRIVE SINGAPORE 22 TEL: *****0 CABLE: "CHAOMOY" TELEX: RS ***** BEE HUAT47 words
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Advertisement296 1979-03-20 12 Leader Paget m V* This announcement is made by Aseambanken Malaysia Berhad and Kleinwort. Benson Limited on behalf of Sim* Darby Holdings Limited TO HOLDERS OF ORDINARY SHARES IN Guthrie IT IS IMPORTANT THAT YOU CONSIDER THE FOLLOWING FACTS:. In December 1978. your Board forecast profits below the 1977 level296 words
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Page 12 Miscellaneous
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Miscellaneous59 1979-03-20 12 Outlook for Singapore, from 6 a.m. to noon today: Isolated showers around midday. Report for 24 prior to 7.31 p.m. on March 19 at the airport. Maximum temperature 32.0 Associated humidity 59 Minimum temperature 23.5 Associated humidity 97 Hours of sunshine 7.55 Rainfall in millimetres Nil Total rainfall for the59 words
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SHIPPING TIMES
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PORTSIDES
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Article134 1979-03-20 13 THE AMERICAN Bureau of Shipping (ABS) classed 84 vessels worldwide last month totalling 1.3 million dwt including three very large crude carriers (VLCCs). Other vessels classed included two self-elevating drilling units, four containerships, bulk cargo vessels, trawlers, supply vessels, an oceanographic research vessel and a well134 words
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Article40 1979-03-20 13 Reuter THE Europe-Indonesia and Indonesia-Europe freight conferences said that as a result of the latest review of their bunker prices, the bunker surcharge will be amended to 26.5 per cent from 19.6 per cent, effective March 26. ReuterReuter - 40 words
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Article119 1979-03-20 13 Reuter SALVAGE experts on Sunday boarded the stern section of the wrecked British tanker Kurdistan, worth an estimated one million dollars with its cargo, to determine whether it should be salvaged or sunk. About half the 29,000 tonnes of heavy fuel oil aboard the Kurdistan, which split inReuter - 119 words
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553 1979-03-20 13 RAHIM KASSIM - W T to start refurbishing container service By RAHIM KASSIM WAREHOUSING and Transportation (W&T), the pioneer of the inland container freight station concept in Singapore, will finally have an integrated container service by the end of next month. The company's container refurbishing plant will go into operation in April to553 words
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Article201 1979-03-20 13 AP THE Pnaaaiaatoa nnh tend earg* ««P "Taag Wee," itruM at Llkaa Bay Kate Klaahala for tee pact It awte, la to he aald for scrap. It will he towed to <4teer Talwaa er Htaghtag hy tto mw mm, MMrteg to a Tpitnw for tee legalAP - 201 words
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608 1979-03-20 13 AFP itmuiajn industry Minister George Femandes said the present ship congestion in Bombay port was causing great loss to the national economy. The loss was estimated at 5,000 to 7,500 million rupees ($1,375 million to $1,621 million) per annum by way of delays andAFP - 608 words
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3431 1979-03-20 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 Port3,431 words
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Article128 1979-03-20 17 The major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the member lines. ACE (PAR EAST/EUROPE): Franco Belgian Services. K'Llne Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line ANRO (STRAITS/AUSTRALIA): Australian National Line Australia/Straits Container Line Nedlloyd Lines Neptune Orient Lines <lABCOL(BTRAITB/ TAIWAN/JAPAN/128 words
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Article501 1979-03-20 17 ShlppiagUae Page (M ACS n 5 Afea IV 3 Aguila V 2 Ailtrans V 2 Alpac IV 5 Angkutan IV 4 ANL i 1 APL m 2 Arya Nat n 5 ASCL m 5 Asia Merchant IV 3 Atlas V 3 AustCont IV S Bank n 5 Batam n501 words
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Article984 1979-03-20 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 tne Authority's premises during the984 words
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Article893 1979-03-20 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 (CN AN)—Uni pacific.893 words
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1215 1979-03-20 18 Lloyd's List THE IDEA that dry bulk cargo markets are fully competitive is challenged in a study just published by the Bremen Institute of Shipping Economics "Every time reference is made to the organisation of the market in the dry bulk cargo trades, theLloyd's List - 1,215 words
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Article346 1979-03-20 18 Reuter CONFIDENCE has apparently returned to the shipping industry for the first time in five years, Sir YueKong Pao, newly-elected chairman of the Association of Independent Tankowners, said in Hongkong. Sir Yue-Kong, one of the world's leading shipowners, said this buoyed confidence is the result ofReuter - 346 words
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Article, Illustration367 1979-03-20 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES African Phoenix (0930 tide) 27/28 Barge Aik Bee No. 1 (0700) 5 Barge PKC Mary (1000 alongside Lloyd Bakke) 47 Barge Setawar (after Bunga Gelang) 19 Buanga Gelang (0530 after Bunga Bindang) 19 Dona Montserrat (passenger) (1930 after Nancowry) 42/43 Kim Ann367 words
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Page 13 Advertisements
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Advertisement335 1979-03-20 13 AqpnU SINGAPOHE SHIPPING AGENCIES PTE LTD MARKETING *****? GENERAL 9UIII A V vid EURO ASIA LINE SDN BHD KL *****/• p KLANIi *****1 3 PENENG *****/2 J K I )1 M AMAH Orient Overseas Cosilai-ne-1 Line I J. XAS BRDGE 20** wn* CORAI 12* OCVAUER NU 15* ICPTUC PEARL 14*335 words
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Advertisement281 1979-03-20 13 sail SEALORD ANTAH H UASC UNITED ARAB SHIPPING CO (SAG) 3 All vessels ***** DWT, 105 TON HL. Derrick 288 TEU Capacity, Long Length Capability. ■ARABIAN GULF WEEKLY SERVICE' Dammam (4/4), Dubai (7/4), Doha (10/4) Damnum (24/4), Doha (27/4), Dubai (30/4), Kuwait (3/5), Shuaiba (6/5) Dammam (26/4), Muscat (29/4), Kuwait281 words
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Advertisement352 1979-03-20 13 ■NOL NEPTUNE ORIENT UNES LTD FUUY CONTAINERISED SERVICES: FAR-EAST/EUROPE YCONTMhDUSED SERVICE I III! ss ewoa* 23 Mi. 0 RESEARCHER 28 M» N CORAL 5 Apr C PAUI 14 Apr N PEAfll 19 Apr C RO2E 26 Apr K lACEWON Mi, HK CONTAMER 9 thy P Manp F slow 24 Mir352 words
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Advertisement843 1979-03-20 13 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. W "Si fs 1" li c LIVE NIPPON YUSEN KAISHA .VI >l w.yt.t TO UK/EUROPE HW( RIM *>» f. Kate* ILK. Scat Maa I'm UH» Ba,* 2«Mar 21 Mar 9Ap 11 Ap 13 Apr 14 Apr843 words
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Page 14 Advertisements
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Advertisement618 1979-03-20 14 7~i Spn PMa mroft 21/3 2t/3' 24/3— 5/4 7/4 11/4 18 4 20/4 26/4 27/4 C«Af*i Bar lau|i Mara Sp-« 22/4 23/3 30/3 2/4 4/4 10/4 12/4 14/4 17/4 19/4 24/4 26/4 3/5 5/5 7/5 Htmm 30 FULLY CONTAINERISED FROM USA/CANADA Mwfcn Stack Oakland Tacama HK Efe« Eiprtu 16/2 18/2618 words
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Advertisement424 1979-03-20 14 I M* 26 Apr W Mar n Apr J K-B Apr 4 Apr 26 «pr c Apr 21 Apr 5 Abjl M», 7 M.,30 m*t 12 I a R Zy 25-27/3 74/4 25-3P/3 tot JO ■l/. -3/ •V 22-23/3 i 5-5/4 26-27/3 I 5-14/4 IMC w liPHfSS ARABIAN AND IfiASlA*424 words
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Advertisement620 1979-03-20 14 0 EVERGREEN LINE FAR [AST EUROPE EXPRfSS FULL CONTAINER SERVICE ACCEPTHG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM ANTWRP LE HAVRE ALSO ACCE PTUG CARGO FOR: UNTED KHGOOM SOUTHAMPTON. LONDON. MANCHESTER. BIRMMGHAM BRISTOL. LIVERPOOL GLASGOW. LEEDS WEST GERMANY BftfMfftHAVfN HOLLAND AMSTERDAM I'pm Ha*>| NMw Mtatd— MO—» L« H*wt Eva MM 2i Apr620 words
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Advertisement1068 1979-03-20 14 Everett Lines BURMESE NATIONAL LINE B F S S C Agents m Malaysia TEPS MALAYSIA Port Kalpng T«l (38) 7366 Penang Tal *****/***** HwMciit ImwcatMwlri S. A. C.I. F "ARGENTINE NATIONAL LINE 19/29 ta n/H "aa Ital Bra* el LataT LOAfiMG,FW ENSEIWDA MANZAMLLO. ACAfUCO ACAJUTU COMNTO SAN JOSt PUNTAISIMS (COSTA1,068 words
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Advertisement609 1979-03-20 14 r OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHENTONWAY MISTRI ROAD SINGAPORE 2 TFL *****44 7& *****70 SANKYO LINE AUSTRALIA SERVICE MAT BRELZE 25/26 Mar 23/24 Mar STB. MEL. ACQ MAT SKY 30/31 Mar 1/3 Dpi F*M MAY CARP S/S Apr 2/4 Apr MM. MB.609 words
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Page 15 Advertisements
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Advertisement940 1979-03-20 15 OCL Overseas Containers Limited contmmershf sonnet to uK/co*rTworf: w. k, «•*<( Mar. Ciaress jMBi, Beiumr In KmgaMirii «»«*lbr« f«t M». InCMI Bay tftwi" »to" Sm fUM I Duurt Brm «Mt, liHm UK 21 Mw .II Apr 13 Apr 14 Apr 17 Apt 9 Apr 20 M» 19 Apr 21 Apr940 words
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Advertisement1015 1979-03-20 15 *y ami m um RELtfftE t DEPENDABLE NON-CONFERENCE DWOS SERVICE KST BOUND-FAR EAST/MEDITERRANEAN Spare PJUIMI Nmmi Uo*Mtar M.VJ4. 3) Ms 3r s*», r.M/Nwin/ ■wnrt/laoaMot/lattataa/ P*«Ott/Tnpot/(eMMl*fl; mvsamos noons ijsm 14 Apr 19 Apr 21 Apr Dyboati M.V. MM MRS V.2WL. ]«Iky 17 My *U *ssas ACCEPTBK coin MO CMfiO Dpboat,/JaMaA.P Sata1,015 words
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Advertisement897 1979-03-20 15 BENLINE CONTAINERS EXPRESS CONTM0 SERVICE TO/FROM EUROPE Card*»Ba, WOMBMOPt: H'MC B HAVEN I DM HAVRE SOTON i» German, Aestria Btnetai France M UK VMM HAVBE «t««rp Franc* i M/4 17/4 22/4 14/4 24/4 (4/5) 1/5 4/5 V5 (14/5) 12/5 14/5 21/5 (25/5) 23/5 25/5 21/5 11/5 I/* I/« 4/4 (VI)897 words
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Advertisement591 1979-03-20 15 IS ScanDutch V WEEKLY EXPRESS CONTAINS! SPtvirr U_^LUI»m i«a >3 n i wi: i|TVr m,"Tm irao rr:x D. 1 6 .5a 2) J> Ma 4* ><« S) l«H M sa4ts bM MM bM SaM bM MM w wmm faM saM uin "J*" bM hM bM Uri bM 73/1 t a/i591 words
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Advertisement571 1979-03-20 15 7 > E3 BOUSTEAD SH,PP,W AGENCIF s THE BANK LINE LTD LOADS FOR E. I S. AFRICA (Reunion I ft. > Spore 77/31 M»r P. Mia* 1/2 ApfPOM EAST I SOUTH ATRICA FOR BANGKOK MAMlA Penary r *Mn, 31 fcUr 4 Apr Sport S//7 Apt U.S. GULF COAST SERVICE HONELL571 words
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Page 16 Advertisements
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Advertisement1054 1979-03-20 16 K line KAWASAKI KISEN KAISHA. LTD. EUROPE E XPKtSS SK viCt TO EUROPE L Havre Rdam H Ourg Bremen A« SS BfMOCf 20W 23 Mar 24 Mar 9 Apr 10 Apr 12 Apr 13 Apr 0 RESEARCHER 6W 28 Mir 79 Mar IS Apr 16 Apt 18 Apr 19 Apr1,054 words
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Advertisement804 1979-03-20 16 U.S.A./EAST CANADA SERVICE accept* fa/ia commas nut raws. r. aunt, mx im*« hr m ran. norfou Penang Be%aa P Ketang r«gip»ii LC./CREAT LAKES SERVICE i(mow r» new tqm. norfou. baitnkme. numtm. umu. tcmhto -unnr (mba jr scd «sn 21/22 Mb tan/21 Mb 14/15 11/13% 14/11 1/91* CALIFORNIA/PACIFIC NORTH WEST SERVICE804 words
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Advertisement511 1979-03-20 16 r. r~ H A (>roui> SINGAPORE SHIPPING AGENCIES PTE LTD iC'« HOO« OC fc AN Boa D'NG SiNGAPORf VAMHfTiIiO 9' JiAIS GENERAL 9IJ' 11 114 Il*E S Elfc BS .'4S9S HS iSSfcB A B CA«SMIP «C ABiE CA^GOShiP V\ sls< 'iPQKi isi.Asns i t m: MIDDI.t HASTRttiVLAR UNtR A SAFE511 words
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Advertisement396 1979-03-20 16 EXI BUNGA MEL Ot BUM TMUON X3E P Mam Smfaporc LaaMaf tar I SEUWSt WO4 k tat KoU Kmabah. ISTMNttVM* 23/74Itar kM Kadi. Sit* Lai •(warn Mur, "«J»* 23/25 M« Kadi, thn •(10/22 Mar) ■MMStMtS f (31/1 Apr) M/ 31 Mar 2/3 Apr Tama. Ska* *(24/20 MB) P Gudanf P396 words
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Advertisement754 1979-03-20 16 i, luesQiy, iwnftH INTRASEA (PTE) LTD. PabP'Housp 234E O'cha'c! Road 9 Telephone ***** 1T *****5? Kansai Line STRAITS/AUSTRALIA SERVICE Singapore P KeUng Loafag tar: GRACE ADELADE V.30 9 Apr 7 Apr Sydney /Melbourne/ Adelaide «i«m mm (fit) in ttutu rooms mm? .<= 1 l *p» amms t tuok «nm wu754 words
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Page 17 Advertisements
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Advertisement195 1979-03-20 17 ata EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND MRECT LINER SERVICE TO EGYPT (PORT SAX) ALEXANDRIA) STORE PT KEL PENANG PT SUEZ PT SAD MIX B SjM (Mb b Pwl VI tm 7 tarll U iby 4 ibr 10 Mir it MT,W6 cwco nog contact sotma smcwok -m. n»7ii195 words
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Advertisement222 1979-03-20 17 JEHU ALLTRANS EXPRESS NVOCC Service To AUSTRALIA Accepting LCL FCL cargo for MELBOURNE, SYDNEY weekly service ALLTRANS EXPRESS (S) PTE. LTD. I?'. t3£ 787 (3 NneS) Telex: RS ***** ALLTNT HOE HOE SHIPPING CO. 6th FL DUNN HOUSE 90 CECIL STREET. SINGAPORE. TEL *****66 (4 LINES) TfFril MEEKLY SERVICES TO222 words
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Advertisement102 1979-03-20 17 NIGERIAN NATIONAL SHIPPING LINE NNSL FAR EAST/WEST AFRICA Singapore RIVER JIMINI 24/25 April (built 1979) for. Lagos ETA 17 May PtHarcourt ETA 25 May (accepting braakbulk/containars) «£«rs GUTHRIE BOUSTEAO SHIPPING AGENCIES Tel: S'pore *****4 (Sales: *****5/*****5) O NORIENT LINE 1:. 1 FARGO SHIPPING COMPANY (PTE.) LTD. 807, Bth floor ocean102 words
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Advertisement57 1979-03-20 17 NOTICE mv "TUNG FONG" VOY-7901 arrived at Singapore 12th March 1979 General Survey of damaged cargo ex above ship will be held on Wednesday 21st March 1979 from 0900 hrs to 1630 hrs at Telok Ayer Basin Godown No. 5. No further survey will be held after this date. Agents:57 words
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