The Business Times, 20 April 1979

Total Pages: 18
1 18 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 148/1/79 FRIDAY, APRIL N, 1M» 50CENTS
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  • BRIEFLY...
    • 83 1 Reuter BEIJING, Thurs. China has remained silent on a Soviet note urging Beijing to follow up its own proposal for talks to improve relations between the two communist giants, but the likelihood of substantive negotiations appeared slim. Diplomatic sources said the Soviet move is clearly
      Reuter  -  83 words
    • 72 1 AP TOKYO, Thurs. The Soviet military build-up in the Far East is a matter of concern and Japan must increase its reconnaissance ability and have as much deterrent power as possible, Prime Minister Masayoshi Ohira said today. The 69-year-old Japanese leader, who is scheduled to leave
      AP  -  72 words
    • 69 1 UPI MANILA, Thurs. The Ministry of Trade announced today a plan to establish a commodities futures market and its supporting clearing house. To be called the Philippine International Multicommodity Exchange, Trade Minister Troadio Quiazon Jr. in his memorandum submitted to the semi-government Philippine National Bank said the initial
      UPI  -  69 words
    • 88 1 Reuter BANGKOK, Thurs. Asean is the cornerstone of Thai foreign policy, Prime Minister Kriangsak Chomanan said here last night in a speech to the foreign chambers of commerce. He outlined the broad directions of his foreign policy and said that the combined voice of Asean has great impact
      Reuter  -  88 words
    • 68 1 Reuter KUALA LUMPUR, Thiers. Malaysia will rush 150,000 barrels of light crude petroleum to Thailand within the next 10 days under an agreement signed here today. The agreement was in response to an urgent appeal from the Thai government to help ease the shortage, estimated at
      Reuter  -  68 words
    • 73 1 Reuter M WASHINGTON, Thurs. The United States economy slowed down sharply in the weatherplagued first three months of this year, the government reported today. The Commerce Department said growth in the volume of total economic output, or gross national product, slowed to an annual rate of 0.7
      Reuter  -  73 words
    • 47 1 AP NEW YORK, Thurs. The stock market rose slightly this morning. The Dow Jones average of 30 industrial issues was ahead 0.52 to 860.79 in the first half hour. Advancing issues outnumbered those declining by three to two on the New York Stock Exchange. AP
      AP  -  47 words
  • Chief Price Changes
    • 123 1 Falls Most Active Tronoh Mines 870 -20 G Lumber 250,000 Traclors 580 -20 Consplant 203,000 S K A L 220 -15 S Darby 143,000 C K Tang 199 -15 Tganu Dev 119.000 Metro llldgs O C B C 364 890 -14 -10 Total Turnover: 3.41m Berjunlai 800 -10 Total
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    • Article, Illustration
      150 1 Falls Most Active S Lumber 22 -17 G Lumber 283,000 S Trading 625 -15 F Merlin 182,000 M Banking 700 -15 Consplant 151,000 D Baby 186 -13 SEA Lumber 136,000 P Product 139 -11 Minsec 290 -10 Total Turnover: 2.74m CCM 515 -10 Total Value MJ6.05m Tronoh OC
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  • 931 1  -  CASH AND SHARE OFFER By MANO SABNANI HAW PAR Brothers International, the newly-revived conglomerate currently led by chairman Wee Cho Yaw, has set out to make its first take-over bid since the heyday of the Slater Walker empire. In an announcement made after trading
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  • 149 1  -  By WANG LOOK KEAH THE United States is studying the feasibility of resettling Indochinese refugees in some of the developing countries, especially those which require skilled labour. President Carter's coordinator for refugee affairs, ambassador-at-large Mr Dick Clark, said the US is aware that resettling of refugees
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  • 533 1  -  By Our Reporter YEO Hiap Seng (Yeo's) has set out to revive market interest in another of its franchises, Canada Dry. This very successful bottler which has already captured around a quarter of the total soft drinks market through its non-fizzy Chinese herbal
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  • 133 1 THE Indonesian government will soon change its investment policy by issuing a new list of priority scales aimed at speeding up the country's industrialisation programme, an official of the Investment Board said yesterday. The list, now being worked out, would be announced in the next few months, he
    133 words
  • 274 1 PHDJPP Mi Liaa, a member «f the Laadaa Metal Exekuge (LME), mil officially •pea lla reglaaal rcprcßcatottve «<• flee la Siagapare aext Wedaesday at 2SM, Shaw Tawers. Phll-Liaa SEA started its aperattoas ea April t this year with a paM-ap capital af fIM^N. The
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  • 415 1  -  By TEO TECK WENG THE URBAN Redevelopment Authority (URA) recently appointed a deputy general manager to assist in its overall operations, administrative as well as financial. He is town planner and civil engineer, Mr. Fan Kai Chang, 41. The post was created earlier
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  • Page 1 Advertisements
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    • 155 1 {:!*[`/(\]]]|>~.(*,]+?_:~,?^\") Braun micron It means more than a close shave With the Braurt micron you get a good close shave, without having to go over the same patch of beard time and again. The secret of how the Braun micron gives a closer shave lies in the foil itself. In
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    • 51 1 CHANGING pattern *f hwehold 5peadiag............................ I SHOCK waves ef the Yulsaa GmpM1Up8e........................... S US to halve MMut «l grid fer ■ale S THE sptleas spea to Zla ri Paldstaa I LATIN America toaes ap (er SHIPPING TIMES MEMOPAD I, CROSSWORD S, AIRCRAFT SCHEDULE TV 4 RADIO f, FOREX t, SHARES
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    • 0 1 %~~;--;|*}=\`%<`$)*}`}%+|?^+-%,
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    • 186 1 Canon DIQ.n iiicimk cummt |W W "ftata M Papar" rmUn/V*** CM*r fi--\ Tint F*» li Ywr Haatf So4t Guthrie Trading Tel: *****5 I *****5 Third Quarter 1978 ASEAN Business Quarterly The latest issue of the ASEAN Business Quarterly concentrates on some of the reasons why intra-ASEAN trade and industrial projects
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  • TRADE AND INDUSTRY
    • 422 2 COURSES AND TALKS March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development April 1-30: Industrial labour organisation (residential course), RELC, Industrial Labour Organisation of S'pore April 2-27: Business management module n, RELC, NPB April 10-26: Compensation and Fringe Benefits, Holiday Inn, Personnel and Organisation
      422 words
    • 533 2 FACED with difficulties in renting out office space, owners of multi-storey complexes in Johor Baru are converting them into hotels to overcome their problems. The owners, in separate interviews, said the people here prefer to rent space at premises not exceeding seven storeys
      533 words
    • 929 2 BETWEEN 1972 and 1978 the average household budget showed some important changes, especially the substantial increase in total expenditure as well as for certain items. The latest figures from the Department of Statistics' "Household Expenditure Survey 1977/78" indicate the most significant changes were in expenses on
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    • 461 2 PART OF the MJ2O million worth of steel rails which Malayan Railway will import from Poland by the end of the year will be used for completing a connecting line between Johore Baru and Pasir Gudang, a port on the east coast of
      461 words
    • 183 2 THE SCANDIA Group will be conducting a Claims Seminar, under the auspices of the Singapore Insurance Training Centre, on April 26 from 9.00 am 5.00 pm at the SITC at Cecil Street. This is for insurance executives involved in decision making on large claims to exchange information on
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    • 73 2 THE PUBLIC Utilities Board announced that streetlights in all major roads in housing estates will now be switched on at 6.45 p.m. and switched off at 6.15 a.m.. Alternate streetlights will be switched off except those at pedestrain crossings, busstops, road junctions, bends and accident-prone areas. The
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    • 60 2 THE Uth NTUC WELCOME Supermarket at Ang Mo Kio wll be offically opened by Mr Teh Cheang Wan, Minister for National Development, on April 25. The speakers at the opening will be Mr Teh, Mr Phey Yew Kok, president of the National Trades Union Congress, and
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    • 261 2 AN INTERNATIONAL!. Yrecognised authority on productivity, Linda King Taylor, will be in Singapore to talk to local managers on this subject. She will conduct two seminars, organised by Consulasia at the Hilton Hotel, on "Setting Up and Implementing Job Enrichment Schemes" (on
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  • Page 2 Advertisements
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    • 67 2 Leader Page I INDEPENDENT CONSOLIDATION SERVICE TO: EUROPE, TAIWAN, HONGKONG, AUSTRALIA SAVE ON SHIPPING COST CARGO BY PRACHT SPECIALISED IN SEAFREIGHT CONSOLIDATION SERVICE WAREHOUSING GENERAL SEA FREIGHT PROJECT SERVICE AIR FREIGHT REMOVAL SERVICE CALL: *****88 5 lines PRACHT INTERNATIONAL LTD. Suite 1301/1304, 13 floor. Tunas Bldg., 114 ANSON ROAD, SINGAPORE,
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  • REGIONAL
    • 444 3 AP THE BOOM in Chinese antiques has turned Hongkong into one of the world's major shopping centres for oriental treasures but dealers say the supply of quality items from China is drying up very quickly. Normalisation of relations between the United States and
      AP  -  444 words
    • 227 3 AP. INDONESIA has the full backing and financial support of the United States in its proposal to set up a processing centre on one of its island for Indochinese refugees, US Ambassador Richard Clark, the new American coordinator for refugee affairs, said in Jakarta yesterday.
      AP.  -  227 words
    • 232 3 UPI JAPAN'S wholesale prices rose 0.8 per cent in the first 10 days of this month, indicating consumers have not benefited from the massive inflow of foreign products, the Bank of Japan announced on Wednesday. The central bank said the wholesale price index last month
      UPI  -  232 words
    • 425 3 AN AUSTRALIAN company specialising In sprayers for bm la controlling insects and weeds on small (arms, plant nurseries, or la houses or domestic gardens has began an export drive after generating widespread domestic sales. Both hnapsaeh and paenmatlc sprayers are available from the
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    • 126 3 Reuter PRODUCTION of television sets in Indonesia rose 21 per cent to 611,000 sets last year from 504,218 in 1977, according to figures released this week. Black-and-white television production rose 14.18 per cent to 573,000 sets in 1978, from 501,818 1977. The 24 plants manufacturing
      Reuter  -  126 words
    • 501 3 Reuter. PHILIPPINE President Marcos will decide whether five coconut oil mills now in different stages of being established, will be allowed to continue, the Philippine Board of Investments said. The mills were among nine ordered to be scrapped by the President in
      Reuter.  -  501 words
    • 767 3 NYT THE COLLAPSE of the Yulsan group could cost Korean banks up to US$lOO million (Ss22o million) in losses and tarnish the country's general credit standing overseas, according to some South Korean bankers. They said it could also prompt the government to impose
      NYT  -  767 words
    • 44 3 AFP THREE prominent foreign firms have signified interests in setting up plants at an export processing zone in central Philippines. The Philippine News Agency (PNA) identified the firms as Talon Zipper International Corp., Aerospace Development Corp. and Fairchild Electronics all US-based multinationals.
      AFP  -  44 words
    • 258 3 Reuter THE SOUTH Korean government will help in construction projects worth about US$lOO million (Ss2l7 million) in Saudi Arabia and Sri Lanka which were begun by a bankrupt Korean business group, Finance Ministry officials in Seoul said yesterday. According to official figures, the Yulsan
      Reuter  -  258 words
    • 247 3 THE US dollar continued lower in Tokyo yesterday, closing at 215.70 yen (552.2012), as dealers were discouraged by the-ys Federal Reserve's announcement to halve the size of its gold sales. Trading was heavy. Tighter credit policies of the United States, including a reported rise
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  • Page 3 Advertisements
    • 144 3 a car of prestigious size at a reasonable price Big cars always cost big money, but not everyone can manage with a smaller vehicle. There are those who crave and need the accommodation, luxury and comfort of a big car. The Mazda 929 L Legato has been designed specifically to
      144 words
  • Page 3 Miscellaneous
    • 588 3 I TWO-IB-CRYPTIC PUZZLE ACROSS 1 Pointed publicity for British Rail (5) 6 Do they go to the pools punter's head? (5) 9 Such water makes dear tea! (7) 10 Where the French have nothing in Italian money (5) 11 Telephone circuits? (5) 12 See sense! (5) 13 May be lighted
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  • RAW MATERIALS
    • 465 4 AP. DELEGATES representing countries that export half the world's sugar meet in Buenos Aires next week to plan price strategy and seek ways to keep prices from falling further. Decisions the 200 delegates take at the week-long plenary meeting starting April 23 will have
      AP.  -  465 words
    • 137 4 AP. THE Soviet Union has bought an additional 118,374 tonnes of United States wheat which Initially had been destined for China, the US Agricoltare Department said. No reason was given for the switch, which was reported to the department by private exporters who handle foreign grain sales.
      AP.  -  137 words
    • 464 4 AN EXECUTIVE of a multinational said that although Malaysia is a profitable centre for foreign investment in agriculture, foreign investors ironically face difficulties finding a local partner willing to invest in this sector. Speaking at the conference on Investment Opportunities in Agriculture, Mr John Houseman, special
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    • 276 4 THE produce market was quietly steady yesterday. However, sentiment on the white pepper front was generally firmer than for the black grade. Whites rose by $2.50 all round while black pepper was unchanged. Trading was dull with small shipments received, reported several packers. Coffee
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    • 153 4 WHEAT futures in Chicago on Wednesday closed lower in sympathy with losses in other pits. Prices were down two to 2'/i US cents a bushel. Traders said profit-taking after a series of advances accounted for some of the decline. Hedging pressure was also seen on new crop wheat, they
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    • 325 4 OPENING prices in Singapore yesterday were marked up about three cents on higher London advices but the market eased gradually on profit-taking, lack of support and speculative selling. Forward offerings also aided sentiment and trading was light. The morning session closed slightly easier with May One RSS buyers quoted
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    • 30 4 Rubber; April 10 Singapore: May: 280.50 cents (up one cent) Malaysia: May: 283.50 cents (up 0.25 cent) Tin: 91,960 (up $16) Official offering: 150 tonnes (down 14 tonnes)
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    • 344 4 R.A.S. prices In cents per kilo yesterday; Noon (per kilo) Buyers Sellers lot. 1 R.S.S. prompt f o b. 284.25 285.25N lot 1 R.S.S. May 279 25 279 75 tot 1 R.S.S June 775.25 275.75 tot. 2 R.S.S. 271.25 272.25N UK/Cool 270.25 271.25N tot. 3 R.S.S. 288.25 289
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    • 106 4 NOON SSI RAS R and SMR prica fmutdajr Mmy (Correal Ntk) (Port raunT Mtfc) SSR20 SSR50 (1 loo pallet) (1 too pallet) MJI 268.00 286.00 ira MUtrt 270.00N 267 00N Bay« 268.00 266 00 n Sailer* 270 00N 26" 00 N MRELB SMRCV SMR 5L SMR GP
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    • 775 4 WEAK FUTURES TRADING NYT AN INDEX of future prices of raw materials compiled by the Commodity Research Bureau shows that the rise in costs observed lately has begun to decelerate. For example, the CRB index (1967-100) rose to 239.1 per cent from 227.6 between
      NYT  -  775 words
    • 62 4 THE STRAITS tla price la Pesux yesterday rate MJIS to fl,Mi a pfcal. Values rate following raatalaed buying by laeal aad US operators, eaeearaged by the can tinned law ▼eiame ef tin sapptied hjr miners and Leadaa'a reeevery aa Wednesday night alaa helped, dealers said. Taraever fell slightly
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    • 155 4 THE SUGAR futures market yesterday closed slightly firmer in continued quiet trading with no trades registered, as on Wednesday, dealers said. May closed at 7.85/88 US cents against Wednesday's 7.74/77 close, July at 8.32/35 against 8.19/21 and March at 9.50/53 against 9.40/42 cents. Sugar futures closing prices Pisrte—
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    • 182 4 CHICAGO soybean futures see-sawed throughout the session and closed mostly lower on Wednesday. Prices were off 13 US cents to half a cent higher a bushel. Late in the session, on a downside swing nearby prices hit stops, touching off further selling, traders said. They added that profittaking pressured
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    • 841 4 OILSEEDS: Brokers reported barely steady to slightly easier oils and oilseeds markets yesterday morning, reflecting the lower Chicago cloae. SunoU found some support from a Venezuelan purchase of about 35,000 tonnes but other edible oils were affected by the Chicago trend. Dutch soybean oil traded around one guilder
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    • 66 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Malaysian SHffa bulk per tonne Wetf PrevtMs June 664 2 sir 660sIr Sumatra 5* f fa bulk April OOSslr 08Sslr May 680pd (OTWsr June BTOpd 670slr July 887'/»slr 665slr August unch 655pd Nigeria 5* ffa
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    • 155 4 Reuter INDONESIAN rabber expert* neat ap by 14 per eeat la 117$ aver tbe pre vitas year, parting tbe eenimsdllj ap late Thb was wlwal by Bank lalinMli in Jakarta. Babber experts fa lfn were valid at UBHNi milttea esmpnred with $594.1 milHea in 1177, sqneestag
      Reuter  -  155 words
    • 331 4 SINGAPORE: Yesterday's closing prices in SI per kilo ex-godown: THAI WHITE: 100 per cent Hrst elm (Kangaroo) new crop O.K. 100 per cent second dui 0.85. 100 per cent third claas 0.00. 25 per cent new crop no mock. B-10 per cent 0.75. THAI BROKEN: A-auper 062 Special 0
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    • 192 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Mln yam: China Blue Phoenix 30s 2,380; 3* 2,900 00s 3,005 (per bale of 900 lbs). Ptaee gnads: China Butterfly and Globe brand unq; Dragon Head unq;* Five Lambs unq; Flower and Butterfly
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    • 87 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from April 19 until further notice: Rabber: 268Mj cents a kilo; Cepra: M 51,291.77 a tonne; Palm kernel: $955.75 a tonne; White pepper: $4,454.27 a tonne; Blaek pepper: $2,800.97 a tonne; The rates of duty payable
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    • 378 4 Reuter. THIS week's meeting of the International Tin Council is unlikely to attempt any revision in the price ranges of its buffer stock, ITC delegate sources said. At this week's council session Bolivia is likely to repeat an earlier call for higher
      Reuter.  -  378 words
  • Page 4 Advertisements
    • 313 4 immtommnmttm) UNITED OVERSEAS LAND LIMITED iNCOPPOBATfO IN THf REPUBLIC 0* S'NG APQQfc NOTICE OF MEETING NOTICE IS HEREBY GIVEN that the Sixteenth Annual General Meeting of the Stockholders will be held at the Function Room, 2nd Floor, Merlin Plaza, 7500 Beach Road, Singapore 7 on Saturday, 12th May 1979 at
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  • OVERSEAS
    • 337 5 NYT CANADA has announced business subsidies of CslBs million (***** million) over the next three years to attract new products and technology to the country, in the wake of warnings that it was becoming industrially backward. Jeanne Sauve, Minister of Communications,
      NYT  -  337 words
    • 124 5 THE ROYAL Dutch Shell group expects to continue imposing partial force majeure on crude oil sales at least until the end of next winter, Shell Transport and Trading Ltd chairman, Mr Michael Pocock said in London on Wednesday. He said Shell's crude sales cutbacks are running at
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    • 116 5 Reuter. FINANCIAL chaos could result at the United Nations if the US Congress continued to withhold part of America's contribution to the UN budget, warned Mr Kurt Waldheim, the UN Secretary-General. Congress last year held back part of the US contribution because of political objections to
      Reuter.  -  116 words
    • 789 5 ARRIVALS Servtee Local Operator Nnmber Time From RBA BI421 0930 BWN MAS MH671 0945 PEN/KUL CPA CX710 1006 HLP GU GA980 1030 HLP SIA SQI03 1045 KUL SLA SQ211 1045 HLP MAS MH605 1045 PEN/KUL GIA GA944 1065 PKU GIA GA908 1100 MES PAL PR501 1135 MNL
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    • 248 5 A MAJOR Dutch book distributor, the Publishers' Distribution Services division (PDS) of Proost en Brandt NV, has established a specialised distribution centre at Putten in Holland, designed to handle all types of consumer and trade products that lend themselves to high-speed packaging and despatch. The
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    • 532 5 UPI, AP. ARAB states opposed to the Egyptian-Israeli peace treaty had voted to suspend Egypt's membership in the Arab Monetary Fund, a panArab organisation set up to help members with balance of payments deficits. The suspension was in line with resolutions passed by the Camp
      UPI,; AP.  -  532 words
    • WORLD IN BRIEF
      • 518 5 THE workforce in the European Economic Community (EEC) steel industry fell from 785,000 in 1974 to 696,000 last autumn (down 11 per cent), a European Commission investigation published in Brussels revealed. The biggest cuts were in Belgium, Luxembourg and Ireland (almost 25 per cent). In France,
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    • 566 5 AP THE US government plans to halve the amount of gold for sale at its monthly public auctions starting next month, the US Treasury Department announced on Wednesday. The decision to sell some 750,000 ounces "monthly until further notice" came as the
      AP  -  566 words
    • 330 5 Reuter US PENSION fund managers, frustrated by a lacklustre average return in the US stock market, are experimenting with the idea of investing abroad. Worldwide investing is not new. Most major European firms have kept part of their portfolios in foreign stocks, bonds, and
      Reuter  -  330 words
    • 199 5 Reuter US PRESIDENT Carter's plan to gradually decontrol oil prices will make inflation worse and will spur increased oil production, according to a new congressional study. The study said most of the reduction in demand and increased production ing from higher oil prices under Mr
      Reuter  -  199 words
    • 444 5 AP BRITAIN, Italy and South Korea have Joined what the US Department of Agriculture (USDA) calls the "billion dollar club" of countries that bought more than a one billion dollars worth of US farm products last year. In 1978, US farm exports hit
      AP  -  444 words
    • 305 5 AP. GENERAL Meters Cirp ratlee bi eaptared the tap spet M Fartaae ougutM*! auui Ust «C the SM largest MmKW cempaales la the Halted SUtcfl. Fartaae's 1118 Hat appealed la Ma May 7 lane, released aa Wedaeeday. The Hat shewed Geaerml Meters, with
      AP.  -  305 words
  • Page 5 Advertisements
    • 166 5 Wfehavea history of making our depositors' savings grow The history of Lombard North Central goes back more than 100 years. So it's really no sur- j prise that our steady growth has made us an im- portant name in British banking and finance. Individuals and institutions the world over make
      166 words

  • 433 6 THERE ARE strong possibilities that Mr Rajaratnam will find few supporters among the nonaligned countries. Certainly there will be few who will rush to answer his basic plea that they should speak out boldly and declare whether they have affinities with either the
    433 words
  • 362 6 THE NEW weightings for the Consumer Price Index, based on the latest Household Expenditure Survey, has been much awaited by those who make it their business to study economic and social trends. The new weights will show more accurately the current trend in
    362 words
  • 1325 6  -  Hawing hanged Pakistan's former Prime Minister Mr Bhutto the problems confronting the country's military dictator General Zia could be only just beginning. DAVID DODWELL, who was in Pakistan recently, takes a look at some of the options open to Zia. DAVID DODWELL, FT. REPORTS that Zulfikar
    FT.  -  1,325 words
  • Page 6 Advertisements
    • 247 6 BUSINESS TIMES Where to wine, dine and entertain lubertutf ®rtll For lunch For dinner. For a richly rewarding experience. Also Businessmen Liru h V. i<iv to f~ri<.lav >1* tN s Javanese Rustafe! Niturdav. X Sumiav. >lo W, CESS For reservations call «*11(11 i"A 1 *Jirk Hi lyj L'LLvr* PackagaCoat (zdaysl
      247 words
    • 73 6 Let DANNY KOH. our award-winning resident pianist and the TWO CHORDS entertain you as you relax in the rugged and adventurous atmosphere of African safari of the Treetops Bar. i > T* Enjoy any two drinks during the HAPPIER HOURS (4.00 7.00 pm) daily with Adil, Adam and Ben and
      73 words
  • Page 6 Miscellaneous

  • 1836 7  -  South American countries are among the biggest borrowers in the developing world. Even though Brazil and Mexico are talking about cutting back, the rest of Latin America is unlikely to have much trouble in -.borrowing even more heavily, despite the continent's vast
    FT.  -  1,836 words
  • 912 7  -  (FORUM ...with John Drysdale IN press accounts of the end of a marathon five and a half years of the Tokyo Round of multilateral trade negotiations, it was ironic to read, from Singapore, that developing countries are resisting the newcode on customs evaluation
    912 words
  • Page 7 Advertisements
    • 101 7 Where to wine, dine and entertain... 5i jy.. > T' I II'(i( )'S 1.1 II!•< >\ sidi-:H( ).\KI > s« i\<h ir t iwn >■» (*»< <n i < x .IW i 111 \•>i i. ii it l< S|< |< (aI, IK I I II it )< ll!< I h.
      101 words
    • 91 7 Feast like an emperor at Chinatown l ,C 7- V. I#l bft r Our chefs can whip up culinary delights that would excite even the most demanding of emperors. Here at The Chinatown, we serve the specialties of three styles of Chinese cooking: Szechuan. Cantonese and Pekingese Name your favourrtes
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    • 64 7 HOttf noyal-lt AMAM Newton Road. Smgapo* 11. Atpue*; oi Singapore TMphon* *****1. Totoi AS-21«44 Cab** HOJELROVAL mnepcro RQD(TI Indonesian set lunch daily for lovers of spicy food and our speciality KAN UAft www j Try our most-talked about air-flown steaks for gourmets. A special International Buffet, from 12 noon to
      64 words
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  • INTERNATIONAL STOCKS
    • 392 8 Reuter AMERICAN Telephone and Telegraph Co chairman Charles Brown declined to make any predictions about 1979 profits. Mr Brown, in Seattle before the annual meeting, was asked if ATTs earnings would reach US$B a share this year, as many Wall Street analysts are predicting. In 1978 ATT
      Reuter  -  392 words
    • 296 8 Reuter DUPONT shareholders at the annual meeting approved a proposed three-for-one stock split, which will be effective at the close of business on May 30 to shareholders of record on that date. The shareholders also approved an increase in authorised common shares to 196
      Reuter  -  296 words
    • 94 8 BRASCAN Ltd plans to go ahead with its offer to buy the F. W. Wool worth Company, despite Wool worth's disclosure that it has been holding talks to buy Revco D. S. Inc., an Ohio-based drug store chain. Brascan said in a brief statement that the
      94 words
    • 706 8 NYT. "THE WRIGLEY Company," a Chicago businessman observed years ago, "does nothing but make chewing gum and money." That's still largely the case today, but the company, in response to increased competition, is broadening its product lines to give its customers something
      NYT.  -  706 words
    • 123 8 AFP JARDINE, Matheson and Co. Ltd announced that its subsidiary, Lombard Insurance Co. (UK) Ltd, has acquired the whole of the issued share capital of Elizabethan Marine and General Insurance Co. Ltd. Elizabethan is a wholly owned general insurance subsidiary of Hill Samuel
      AFP  -  123 words
    • 76 8 Reuter THE MYER Emporium Ltd said it established a subsidiary, Myer Overseas Pty Ltd, to facilitate access to the Japanese market by Australian manufactuers. Myer's managing director Keith Rosenhain said the unit, set up in Myer's buyer office in Tokyo, has already arranged the
      Reuter  -  76 words
    • 1216 8 NEW YORK THE STOCK Market moved higher in moderately active trading on Wad—day, ending a four Marion Wiring streak. Analysts aid concerns about tighter credit had eased. Federal Reserve chairman William Miller said that he has no Intention of tightening credit now. He believes the
      1,216 words
    • 203 8 APR 18 C8 Dom Tar M olson A SB Abitibi 17*. ft 1 3'.Moore Cp Ale An 42 Falcon bridge 1 Neonex r-B unch 28', unch Falcon bridge Cop Norands «2'. Bank Mont y 24 unch Genstar Z 41'* North gate Exp Bank Nova Scotia Bell Tel, Beth Corp
      203 words
    • 316 8 APR 18 Rand Pip 075 ♦t De Beers Oef 019 10 1NDU8TRIAL8 A Alpha 1S5B Abercom 21S AE And CI 430 AMIC 1475 Barlows 543 Cg Sugar 000 CNA 210 Currle Finance 103 D* Bnrj Ind 1490B Edcon 310 Edgar* ***** Eve ready 287B Fed Volk 210 -X 5
      316 words
    • 351 8 STOCK prices fell across the board in quiet trading yesterday following Wednesday night's announcement of a 1.5 per cent increase in the local prime lending rate to 13 per cent, dealers said. The Hang Seng index lost 9.04 points to close at 530.54, having been 8.71 points down at
      351 words
    • 259 8 THE stock market cod tlnued lower In weak trading J esterday, dealer* m id. APR 19 Baftts Aita Credit 282 •2 Fibre 213 unch AjruUitjn In*. And Trust 117 -7 Bangkok Investment 296 -2 Bangkok Bank 350 -1 Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban 618 unch
      259 words
    • EUROPEAN MARKETS
      • 185 8 APR 1* Francs Action* Suisse* n unch Alusuisse Br. 1410 unch Alusuisse Ref aa J Brown Boverl Br. 1100 5 Clba Oeify Br. 1300 5 Oba Octfjr PC 1005 -5 Clba Gelfy Ret 710 unch Credit Suisse Br 2210 -10 Credit Sulaae Ref CO unch Elektrowatt Br. mo George
        185 words
      • 277 8 APR IS Kn CORBEILLE Air-LiquMSv M -2 B S N Oervau Denone CO' (ThomaonCal) Ct» Frmnealie des Petrole* Compasnie Financier* Compt|Mt Oenerale Credit KoncMf SM 304 16X30 380 430JO -1 12 ♦0.7 -3 t Hachette < Libra irte) HMMM Bull Michelin (B) Puribai Pechiney Clgine Kuhlmann Peugeot Philips (N»
        277 words
      • 197 8 APR IS 1 "U ABN Ml 4* *04 2Z2K 111 JO *11 M «0J nit -ex Am fas 11 CM CJ Amrot B«n> ST" Bou 73.00 MjH -14 rum -> 74 TO -01 Bonuimii Burtuiunn Byvnkarf Calw Drift urn mij I'M JO «U m» ♦u ■Ut I7U0 *u 124
        197 words
      • 215 8 APN II Dm Aer-TrlrfuMun Akao AkU Lrbrn MM M OO M600 14 OJ AlLz Vert BASK Bay H T Wbonk Bay Vbank 404.00 1MM IBM m BOB •1 OJ V Buyrr Ml JO nt jo 239 JO 47 14 0.1 BBC' BMW 1 Chrm Vrrm tow mm bank niM
        215 words
      • 91 8 APR 11 vn FORWARD MARKET 1 -S Axlur Britaran Bni-Uimb 00 I'M 1 unch 1 -4 0 -M Canpar 7W -4 Cock W ttnch Dr Been *13 I. Ebes MOO unsti Ettrtrobel mm *10 Ob-Inno-Bm 2640 •10 Ofv I MO -4 Hobok 3119 -40 Retro 4315 45 Rjri Duirh
        91 words
      • 79 8 APR If L An* Aaaar Offl 41* 10 -4 ***** *1100 ($0 s CrnvmJr Flat Kinndrr 4sac -40 TM •> 1*S? ['irrrfflfi HJB LB 2ta* -u ***** ♦M0 luiteu TIOJO -43 n -is no -4 MM *1000 zioao i» Mondudon MonirOan MotUi Bio 1MB -H 172J4 +m m Olirt
        79 words
    • 582 8 TOKYO Source: DBS-Daiwa FORERUNNING resourcesrelated lanes and some highpriced light electrical issues turned bearish owing to profittaking in the morning, along with Incentive-backed speculative issues tnrhattng Toshiba Ceramics, Shlmsm and Maruan. However, medium-steed blue chips tnrhwhng pharmaceutical issues, which had lelteated sharply during the
      Source: DBS-Daiwa  -  582 words
    • 313 8 SELLERS dominated trading yesterday with tails outnumbering rises two to one and tbe All Ordinaries Index (ell 4.76 points to 572.37, dealers said. General iiwarinrsi over interest rates, recent (aDa in metals prices, a lack of strong overseas support and other (actors were named as causes. BHP lost M
      313 words
    • 101 8 APR IB Pesos Acoje Mining Alias Con A Alias Con a Baffuto Gold Benxuet Con. B BF Goodrich CDCP Inco B. Landotl Le panto B Marmduque B Meralco Oriental A Oriental B Phil Overseas Phllex A Philex B Plcop A PI cop B Pioneer PLDT Pod co B Pofel
      101 words
    • 64 8 FINANCIAL TIMES 1 INDUSTRIALS Wednesday 534.4 Tuesday 538.9 Week Ago 538.7 DOW JONE8 AVERAGE INDUSTRIALS Wednesday 880.27 Tuesday 887 S3 Week ago 871*1 LONDON DOLLAR PREMIUM Wednesday 52W to 83 Tuesday 52* to 53V. HJLHANG SENG f Thursday 530.54 Wednesday ***** Week SCO 529.85 SYDNEY INDUSTRIALS Thursday...; 47&$4
      64 words
  • Page 8 Advertisements
    • 114 8 R A°T<? s err w /J m o Si r a <*. rii w h& SPS SEl> At last, reach the big spenders. Leisure Times is right on target For as little as $15, you can reach the swankiest, the best dressed, the most affluent crowd in town with Leisure
      114 words

  • BANKING AND FINANCE
    • 451 9 THE US has used the recent period of dollar strength to repay all outstanding swap debt to Switzerland and much of its remaining swap debt to West Germany. The swaps had been drawn on in foreign exchange intervention as part of the dollar
      451 words
    • 87 9 Reuter. THE Republic National Bank of New York has applied to the Hongkong Banking commission for permission to upgrade its representative office to full branch status, a bank spokesman said. A substantial part of the Republic National's business is in gold trading and it hopes to
      Reuter.  -  87 words
    • 217 9 THE Baak of Japan mM ver US$l billion ia March aad April to sappart the yea agalast the dollar. Disclosing this, a sealer Finance Mlaistry official, Vlce-mlalster ef Plaaaee far latoraattoaal Affairs Hlretake Sagaml said that eat «f the total, nearly $4 Mlttea
      217 words
    • 30 9 SOUTH African gold production rose to 59,390 kg in March compared with 57,404 kg in February and against 59,282 in March last year, Chamber of Mines figures show.
      30 words
    • 698 9 BANKING AND FINANCE CONFERENCE MANY Japanese banks are now collaborating with suppliers of capital and commodities in pushing funds to the growth areas, including Asean, which in turn are pulling these funds to them. This is due to a sharp decline in the demand
      698 words
    • MONEY AND EXCHANGE$
      • 450 9 THE US dollar saw another day of weakening on the foreign exchange market yesterday. It made some losses against the yen, although it "had displayed some signs of firming in midday. From 215.75/85 against the yen, the US dollar made an initial climb to 216.10/20, .the highest level
        450 words
      • 167 9 THE US dollar for overnight delivery yesterday closed at 215.70 yen, up from a 215.30 opening but sharply down from 217.60 at Wednesday's close. The Bank of Japan sold an estimated US$lO million in early morning trading, when the rate touched 216.10 yen, to check the dollar rise, but
        167 words
      • 132 9 Asian rates ASIAN currency deposit Interbank rates as at close on April 19: 7 days 1 months 2 months 3 months 0 months 9 months 12 months US Dollan(8po() Offer Bid 10H 10 107/16 10 5/10 10W 10% 10H 10W 10*4 10H 1011/18 109/18 1011/16 109/16 1 month 3 months
        132 words
      • 21 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers .is 8 per cent.
        21 words
      • 48 9 Range of prices offered by discount bouses on April 18: Overnight 4Vi% Call deposits 4Vi% Closiic Baytmc SeUimf 3 month Treasury bills 4H 3 month Bank bills 7H Tn 3 month CD 7 1/18 0 15/18 8 month CD 7 3/16 71/16 Source: National Discount Co Ltd.
        48 words
      • 60 9 QUOTES on the Australia and New Zealand exchanges on April 19: AUSTRALIA: US dollar 1.1114/LlOB6 Sterling 0.5X4/0.5322 Ninety-day airmail buying rate*: Sterling 0.5590 US dollar 1.148 Ninety-day forward buying rates: Sterling 0.5440 US dollar 1.1191 NEW ZEALAND: Reserve Bank midrate USH.O4K Trading Bank indications: Sterling 0.5081/0-5051 US dollar *****
        60 words
      • 43 9 FRANKFURT exchanges opening quoted on April 19: US 1.8885/92 (1.8985/82) Can 1.8485/05 Stg 3.898/908 D F1 92.07/17 S FT 110 50 65 Lit 2.235 243 F FT 43.35/45 N Kr 38.70/80 B FT (coo) 6.295/305 B Ft (fin) 6.184 194 Yen 0.8780,75
        43 words
      • 368 9 SINGAPORE gold futures yesterday turned easier on profit-taking after a sharply higher opening, but prices closed higher on balance compared with the overnight close, dealers said. Trading was moderately active with a turnover of 377 lots recorded but was slightly below Wednesday's 419 lots. June closed firmer at U*****.10/40
        368 words
      • 203 9 THE HONGKONG dollar yesterday steadied after recent wild fluctuations to be quoted at 5.1250/350 against the US unit in late trading, dealers said. Trading continued thin and volatile with wide spreads and erratic movements characterising most of the session, but a steadier tone developed later in the day. The
        203 words
      • 127 9 THE US dollar yesterday opened sharply lower on Wednesday night's closings and easier against late Far East trading levels in active early trading, dealers said. Sterling firmed from its low in overseas markets against a weaker dollar to open at U5J2.0720/25 and then strengthened to 2.0740/ 45 but its
        127 words
    • 372 9 THE financial performance and the unprecedented success of the early Arab joint financial institutions will lead to more Arab financial and investment Joint undertakings. According to Mr Hussain Najadi, managing director and chief executive of the Arab-MalaysianDevelop-ment Bank, such institutions like the Arab Japanese
      372 words
    • 881 9 U.S. BANK RESULTS OPERATING earnings at Manufacturers Hanover Corporation rose 18.1 per cent to a record US$5l.l million in the first qarter of 1979. The corporation is the parent company of Manufacturers Hanover Trust Company (MHT), America's fourth largest bank. Principal factors in the qarterly
      881 words
    • 304 9 THE market is all agog about the latest survey done on the best foreign exchange dealing room in the world. The figures turned up by banking magazine Euromoney show that out of its sampling of opinions among multinational corporations, Citibank is rated higher than the rest.
      304 words
    • 417 9 Reuter. THE sharp rise in the Hongkong prime lending rate of 1.5 per cent to 13 per cent effective today, from the 11.5 per cent ruling since April 10 is likely to slow any fresh decline in the Hongkong dollar. Foreign exchange dealers
      Reuter.  -  417 words
  • Page 9 Advertisements
    • 414 9 TruThl The Board of Directors of Haw Par Brothers International Ltd (Haw Por) wishes to announce thdt Haw Par has today entered into an agreement with certain shareholders in Setron Ltd. (Setron), one of whom is a director who beneficially own a total of 6,398,461 Setron shares of Ssl each
      414 words

  • DEALS DONE ON THE SES AND KLSE
    • 1545 10 BID and offer prices officially iisted and business In and resported to the Stock Exchange of yesterday with the .number of shares traded shown >ln brackets In lots of 1,000 units •unless otherwise specified. All Time Settlement Contracts are quoted after the word .-set" Big Board deals (in
      1,545 words
    • 130 10 4 1/2% 1/8/80 (250.000) (***** 90.475) 4 3/4* 15/9/80 (250.000) (99 628 99.705) 8 1/4% 1/8/81 (250.000) (100.168 100*96) 8% 16/4/81 (250.000) (***** 99 706) 8% T F 1/8/83 (250*00) < 100.108 108*06) 5 3/4* T F 15/6/81-84 (250.000) (101 70S) 8% 13/11/84 (250.000) (*****8 100 05S) 7*
      130 words
    • 93 10 Striking prices of the options officially listed on the Stock exchange at Singapore yesterday, the period, bids and offered prices and business done, if any, with the number of options traded shown in brackets. CsM Storage (June $2.00) (0.358 0.465). C C (June $2.60) (0.548 0.665). Bame P
      93 words
  • 2580 10 1979 Last Gr"« Gr*a Nat Div Div YTd P/E Vol Day ni|i LOW Coapaay Sale +or- Crr <■000) Hiffc Low SECTION ONE INDUSTRIALS 253 207 Acma 238 -2 12.0N 19 5.0 259 1 238 238 190* 123 Alcom 180 10.0 29 59 24.0 142 110 Allied Choc
    2,580 words
  • 1681 10 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday with -1 the number of shares traded shown In bracket* In lots of 1,000 units unless otherwise specified INDWRUU AJtaenele (3.206) call Aleen (IJBB 1.925) (1) LX Alex BeM
    1,681 words
  • 693 10 BEARS eaatlaaed to dsmiaate the sceae m the Stock Exchaage sf Singapore yesterday with market seatimeat detertsratlag farther. Pspalar Haw Par aad Setraa rafaaatod saspea rial from trading early yesterday msraiag aad this led to several ramsart la the market. It was speculated that there might
    693 words
  • 436 10 SHARE prices tended broadly lower for the third consecutive session on the Kuala Lumpur stock market yesterday. Trading was again cautious, with sellers dominating while potential buyers receded further into the background. The New Straits Times industrial ordinary index, reflecting the weaker close, shed 4.56 points
    436 words
  • 143 10 SNGAPOU UNIT TRUST (Mana^m'prtoaa Iw Apr »> The Commerce IS 2.39 The Saving Fond LM 1C S pore Prof Fund I M 1.M S'pore Sec. Fund 1.84 186 S pore Invert Fund 1.30 1JB S'pore Equity Fund 0.M 1.03 INCOME BOND UNIT (Careen* prteaa) Income Bond 1.09 1.15
    143 words

  • COMPANY NEWS
    • 258 11 SHELL Refining (POM) has tamed in a spectacular get of figures far the year eaded Dec 31, 1178, with net profit after tax mare than doubling to $15.2 million (rem $t.S million previously. This was attributed to the expiry last Aigut of the earlier
      258 words
    • 165 11 MAGNUM Corporation has rebutted a Kuala Lumpur Stock Exchange request that the company hold an extraordinary general meeting to approve of its disposal of its stake in Permas Jay a, a property owning company. Magnum states that the KLSE's reference to its sale of
      165 words
    • 1256 11 SHARE PRICE UP 25PC THE STOCK market's rerating of Selangor Properties is backed by indications that new development activities may, before long, provide a strong fillip to the company's earnings. From the beginning of this month, the share price has crawled out of the
      1,256 words
    • 597 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Hume FE 6% I Mar 22 Mar 29 Apr 18 6% 12.5% Goodwood 7.5%(b) Mar 22 Mar 29 Apr 19 7.5% 7.5% H Mai* 10%(b) Mar 22 Mar 29 Apr 19 10%
      597 words
    • 236 11 Company Particulars Ez Date Books Close Keck Seng Bonus Issue of 1 (or 5 Apr 4 Apr 17 Dualop Eat Bonus Issue of 1 for 5 Apr 18 AprX P. Products Bonus Issue of 1 for 4 Apr 10 Apr 26 Ajinomoto Bonus Issue of 1 for Toshiba
      236 words
    • 174 11 WITH the benefit of increased output and better efficiency, Malaya Glass Factory has more than doubled its interim profit to $1.34 million from $602,000 for the period ended Jan. 31,1979. The substantial improvement was made on a 14.2 per cent increase in turnover to $6.97 million
      174 words
    • 66 11 SAINT Piran Ltd. has informed that resolutions to remove the company's directors and appoint new directors suggested by requisitionists of an extraordinary general meeting on March 30 has been defeated. Chairman Mr H. R. M. Hodding said the High Court in London has also on the same day
      66 words
    • 387 11  -  By SUSAN BEVAN THE secretaries of UKbased rubber company Chersonese, Thomas Barlow, have confirmed to the Kuala Lumpur Stock Exchange that the company's recent notice of dividend payment was sent to Malaysia by post instead of being cabled as specified in the exchange's listing requirements. Thomas Barlow
      387 words
    • 290 11 SINGAPORE Unit Trusts (SUT), managers of the Savings Fund, have announced that the gross distribution for the year ended 28 February 1979 is 19.25 per 100 units. This is an increase of 19.3 per cent over the previous year, and yields a total gross
      290 words
    • 427 11 gaaacL.. by HOCK LOCK SIEW HAW PAS BROTHERS' bid to take ever the Setrea gnap eemea m mm nrprlH to tke market la general. What d*« km a trifling passllng Is toat toe mave eemes m mm after toe bm at toe Mb at Haw Par kad
      by HOCK LOCK SIEW  -  427 words
    • 33 11 has informed the KLSE that the relevant authorities have approved the transfer of all its spin- ning machinery to Soutex Sdb Bhd at a value of $3.3 million.
      33 words
    • 66 11 which was queried by the KLSE on its proposed bonus issue of one-for-two, says that owing to the unpredictable market situation, the acute shortage of logs and the impending increase in oil price, it would be difficult for it to predict the profitability and dividend
      66 words
    • 139 11 which recently proposed a bonus issue of one-for-ten has been asked to furnish additional information by the KLSE. The exchange wants to know the net profit and loss of Ajinomototor the year ended Dec 31, 1978 in comparison with that of the previous year and to state
      139 words
    • 442 11 TOSHIBA (M) BM: EOGM to be held at No. 5-C, Jalan Gurney, Kuala Lumpur at 9.30 a.m.on April 21. Malayaa Cables Bhd: AGM to be held at 10, Jalan Tandang, Petaling Jaya, Selangor at 2.15 p.m. on April 25. Daalap Malayslaa Iadastrfes Bhd: AGM to be held at
      442 words
  • Page 11 Advertisements
    • 114 11 TO wMt *t fIOHT OUALIFtCATIOW? 1.,'. :i iLL'.i 3 .i'r md fM Jwt THAT QUALIFICATION) WOLSEY HALL OXFORD FOULKS LYNCH LONDON E22 FRENCH. GERMAN, ITALIAN L I TODAY The Registrar, Federal Publications Home Studies Division, Suite 1307,13tti floor. International Plaza, Anson Road, S pore 2. Tel: *****83, *****84. Please send
      114 words

  • 599 12  -  By COLIN CHEE FOREIGN Minister S. Rajaratnam indicated yesterday that Singapore will not support the communist system of government when the time comes (or it to take sides. "Speaking for Singapore, we are not against the Soviets making a bid for world leadership,"
    599 words
  • 215 12 THE ECONOMIC development of Japan is linked invariably with that of the Asean countries. This is reflected in the foreign policy posture of both the present and previous Japanese governments. "In retrospect, such a shift in foreign policy seemed inevitable," said Mr Toshio Karigane, president
    215 words
  • 340 12 ASEAN must not succumb to external power persuasion to seek security through military alliance against Vietnam, whether or not Vietnam is backed by another external power. Speaking on "The Asean Countries and Indochina", the Malaysian Home Affairs Minister, Tan Sri Ghazali Shafie added that any external
    340 words
  • 214 12 THE CONSERVATIVE Party holds a 12-per cent lead over the Labour Party, according to a Mori poll of voting patterns for the May 3 general election. The poll, taken on Tuesday and published in yesterday's Daily Express newspaper, gave the Conservatives 50 per cent and Labour
    UPI.  -  214 words
  • 789 12 LONDON, Thurs. Stock prices closed easier although slightly above the day's lows after a quiet session dealers said. At 3 p.m., the Financial Times index was down 3.8 points at 530.6. Government bonds tended firmer after the better-than-expected money supply figures but then eased following concern over the
    789 words
  • 508 12 THE COMPARATIVE advantages existing in the Asean countries and Japan offer opportunities for cooperation for mutual benefit. But apart from direct benefits which Asean and Japan can receive in doing so, the cooperation will assist both in their relations with other trading blocs. Making these
    508 words
  • 407 12 VIRTUALLY no attention has been paid to trilingual education in Thailand. This was revealed in a talk given by Dr Pongsri Lekawatana of the Chulalongkorn University, who was speaking on "Bilingualism and the education of bilinguals in Thailand" at the RELC. Dr Pongsri
    407 words
  • 358 12 NYT AMERICAN industries plagued by high imports, such as textiles, leather, steel, rubber and motor vehicles, are being shielded from the brunt of new tariff cuts under a trade agreement initialled last week in Geneva. Negotiators from the US have told Congress that the
    NYT  -  358 words
  • Page 12 Advertisements
    • 271 12 LEADERSHIP OA Li OWNCQIC K Mrt* «k^** CI 53 fU'"" Km i trttar jAam «c*M THE DALE CARNEGE COURSE qualities in those who are active in buainess, community, or social work. Major corporations ara now showing increased inter eat in tha man and woman with Data Carnegie training. Each yaar,
      271 words
    • 3 12 Leader Page I
      3 words
    • 123 12 Wmv •4m -a tM m Ft 1 r FAR EAST FINANCE Rates tar Fixed Deposits 12 months 7%% 18 months 7%% 24 months 8% Far East Finance Organization ltd H—d Office; 4, Robinson Road, Singapore 1. Tel: *****4/6. Branches: 38, Hong Kong Street, Singapore I.Tel: *****8/9. 1-G, Yio Chu Kang
      123 words
  • Page 12 Miscellaneous
    • 57 12 iWEATHERI Outlook for Singapore from 6 a.m. to noon today: Occassional showers in the morning 24 prtor to 7.99 p.m. on April 19 at Maximum temperature 31.2 Associated humidity 75 Minimum temperature 25.5 Associated humidity 100 Hours of sunshine 2.3 Rainfall in millimetres 3.6 Total rainfall for the month 113.1
      57 words

  • SHIPPING TIMES
    • PORTSIDES
      • 59 13 HEDEMORA Diesel SEA, the joint venture between AB Hedemora Verkstader of Sweden and Sembawang Shipyard, will unveil its first locally assembled marine diesel engine at its workshop in Sembawang tomorrow. The engine, the VI2A/12-1350 Hp, is of two main propulsion engines being built by Hedemora to be installed
        59 words
      • 102 13 A DELEGATION from the Freight Committe of the Rubber Industry of Malaysia (FCRIM) has postponed its trip to China. It was scheduled to leave for China this weekened for talks on a shipping agreement with China Ocean Shipping. The chairman of the committee, Haji Abu Bakar Pawanchee,
        102 words
      • 103 13 THE PORT of Singapore Authority will lease another of its conventional berths at Keppel Wharves to Barber Lines. The agreement will be signed this morning by Mr Wong Hung Khim, general manager of the PSA, and Mr C.A. Shorter, manager of Barber Lines, at the PSA Conference Hall,
        103 words
    • 613 13  -  CELTIC BULK CARRIERS By GOH ENG KEE THE ARRIVAL of the 28,000 dwt "Devon City" in Singapore early next month will mark the entry of another newcomer into the Far East/Europe bulk wood service.' Although the owner and operator of the Devon City, Celtic
      613 words
    • 325 13 THE LEADING Norwegian boat designers and builders, Ole Oma, has delivered the first of two purpose-built rescue bosts to the Tromso and Haugesund airports in Norway as a nucleus to its fleet of rescue craft. Two more Oma rescue boats will soon be delivered to Molde and
      325 words
    • 2618 17 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 Port of
      2,618 words
    • 517 17 Skipping Line ACS Afea Alfred Alpac Angkutan ANL APL Arya Nai Asia Merchant ASCL Atlas Aust.Coot n IV V IV IV I m n V m V IV Cai 5 3 3 5 4 1 2 5 5 5 1 5 Bank. Batam BBS Ben Asia Ben/EAC Ben v
      517 words
    • 931 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 the
      931 words
    • 846 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Adriatic Container— Container Feeders. AFEA Line— SinjraDore Shipping. Ahli Shipping— Sharjah Alfred C. Toepfer Line— Intermodal. Algerian National Line (CNAN) —Uni pacific. Alpac Line—lntrasea. Anhsing Line— Strongwill. Angkutan Pertambagan—
      846 words
    • 1125 18 UPI A determined effort will be made by most of the 100 or more Third World nations to gain control of much of the world's ocean shipping at a meeting in Manila next month. The developing nations, with the enthusiastic support of the Soviet
      UPI  -  1,125 words
    • Article, Illustration
      474 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Firiza (after Golden Horse) 44 Fortune Mariner (1100 hauls after Dong Yun) 40/ Fuso Maru (after Vishva Am bar) 42/43 King Dragon (0600) 23 Marie Bakke (1830 hauls 30m East after Fortune Mariner hauls 35/36 Stolt Tenacity (Tanker) (After Lica Maersk A
      474 words
  • Page 13 Advertisements
    • 268 13 Scan Dutch V Fast and Regular Service To/From N.C. /SCAN W.MED./U.K. Singapore: Tel. *****1. Port Kelang: Tel. *****1. Kuala.Lumpur Tel *****. Penang Tel. ***** \K I) IM W I \H Orient Overseas Co*iicu*teA Line FULLY CONTAMERBQ) SERVICE TO I CWMCONTAMEK 111 12/5 8/5 9/5 11/5 14/5 17/5 13/5 14/5 16/5
      268 words
    • 184 13 n SEALORD ANTAH msiijb UASC UNITED ARAB SHIPPING CO (SAG) All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability. RED SEA DIRECT SERVICE Vessel S pore SCM.ORO SHrnNG AGENCCS (fttf. Na. *****5/OOC) 31)0 FLOOR. MAfKNA HOUSt SWGAPOW TEL *****54 TUEX NO RS2S4I9 CFS OFC PSA
      184 words
    • 419 13 ■NOL NEPTUNE ORIENT UNES LTD FULLY COHTAINERISED SERVICES 111 I "111 i iBM Si*>" P M*% F'slm* Hiwe RUam H bwf Bran tun N PIAMt 171 Apt 22 Apr 112 May B*7 9 Iter 11 Ma; 12 May 14 Hi; C "Off -2SM 27 Apr 1? May 13 May 14
      419 words
    • 642 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore Te» *****1. Port Kelang Te) *****1. Kuala Lumpur Tel. *****. Penang Tel ***** MAERSK LINE i I i u 11 me M n M LLI 22-23/4 23-24/4 AXEL 27-2J/4 I */4-l/5 5-7/5 I J-W 24/« 5-7/5 21-21/4 5/5
      642 words

  • Page 14 Advertisements
    • 705 14 FULLY CONT AMUSED TO EUtOK EXPRESS CONVENTIONAL TO EUROPE Spwt Plata* Paa Mm Gmm HWf Hlfcii 23/4 25/4 28/4 24/5 2/6 HMtitaa 3/5 4/5 7/5 27/5 9/6 FULLY CONTAINERISED TO 6ENOA/TMESTE S |W« P Kabul Gmm Tritttt Ornate IM 21/4 30/4 11/5 24/5 Man 8/5 10/5 21/5 J/6 Smm KW|
      705 words
    • 405 14 borber blue seo Frwc ATLANTIC IS GULF I EAST CANADA Uk HOriMM mmkm ItevYarti SI Ma kmn: Nnt km* "THU" Ihy 1 -mOBOr Iky 1 (PJoM« T« US ATLANTIC US GUU uh rss M 4/5 Ml 7/11 M» tall mi MX ta|< MX Ml 2 Mil Mia Ml 7 Ml
      405 words
    • 471 14 EVERGREEN LINE fAR [SSI EUROPE i XPRf SS fUtl CON lAINE R SERVICE ACCEPT WG CARGO FOR HAMBURG FELIXSTOWE. ROTTERDAM, ANTWERP IE HAVRE ALSO ACCEPTMG CARGO FOR UNTfEO KWCOOM SOUTHAMPTON LONOON. MANCHESTER. HRMMGHAM. BRISTOL. LIVERPOOL GLASGOW. LEEOS WEST GERMANY Bionsawr HOLLAND AMSTERDAM i'pmt H»*w| ktwmp U ttowt Itm MUI n»m
      471 words
    • 867 14 Everett Lines! Bene Fhn Star ShiMiai Cwpa. 'BURMESE NATIONAL LINE" B F SS C Agents m Moloywo TEPS MALAYSIA Port Keiorvg Tel <38>-7355 Penoog Tel 62U1/***** mmmmmmat s. a. c. i. f. "ARGENTINE NATIONAL LINE" LOADING FOR DURBAN, CAPETOWN, BUENOS NRES Sine apart P. Ketone Perur* 14/17 May l«/l»May~ 20/21
      867 words
    • 737 14 80.5. E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2\Q2 2 103 2 1 S7 FLOOR MARINA HOUSE SHFNTON WAY MISTRIROAD SIN(iAPORF TF I *****44 7& ***** 70 IO SANKYO LINE AUSTRALIA SERVICE TMft STAR.... LOGISTIC ACC. MAT CMP IMT SKY KAISEIMARU NO. SBMEKA BLUE RIVER SaM In Part WE SYD.
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  • Page 15 Advertisements
    • 674 15 OCL Overseas Containers Limited SINGAPORE MM6FELD CONTMNER SERVICES, PTE LTD 43(0(1 K LUMPUR CONTAOO AGENCES 4*4544, MEL AUG *****6/8 PENANG BOUSTEAO SHPPMG AGENCES SON BW> *****1/3 SC Australia Strait; Container Line (A mm of the mo consortia) RO-RO CONTMKRSHP SERVICE TO/FROM AUSTRALIA ASM TOMSU AUSTRALIA ASM TEIMSEK AUSTRALIA JAKARTA 2(Apr
      674 words
    • 982 15 s. GRANARD LINE RDJAOU t DEPENMfILE NON-CONFERENCE EXPRESS SERVICE NEST BOUM>-fM EAST/MEOnDOIMCJW fpat PJMm Nna| Laadhglar m ma nnam VTSM nipt 23 Apr Apr MM/f Sad Mtundrt/Bmyi/LtttMu Pvaan/Trpet/Baapaii B.». MMMV.MB 24 Apr MM/? M PS*/Ataua*a/ Bant/Unsael/lattak*/ Pireaw/T npot/' Baaghao, BU. WJA I JOT 14 My 17 Nay Dybort/P Saton/P MMo»
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    • 473 15 "rre*j BEN LINE CONTAINERS OWES CONTMER SOMCE TO/FROM EUROPE l/t 3/1 4/4 (1/4) 2/1 23/t 19/1 27/4 22/4 5/5 HA. TWI. 1/5 HI. IfN Imlm a/4 14/4 a/4 21/4 14/5 11/5 HI. TWK «/4 *7/4 2M 2/5 21/5 22/5 W. TMN a/4 »/4 l/» 4/5 1/5 24/5 MK H e*m»
      473 words
    • 375 15 Scan Dutch V WEEKLY EXPRESS CONTAINER SER i »lnl T '3iTill fi: '-"-p:U w* 'till Jill |l IK "ll|lll 1 I V I I■> n, wiMiflr j M itjiv V» ivs is/s 17/5 u/s tvs n/s »/s a/» n/s a/s a/* a/5 v* s/« 7/i 5/* W/* 17/* M/« iv*
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    • 612 15 ir BOUSTEAD SHIPPING AGENCIES THE BANK LINE LTD. LOADS FOR E. I S. AFRICA Clown, PC. Life) Sport 25/29 Mar P Man» 30 Iter/1 ton FROM EAST I SOUTH AFMCA FOR MIOCTI MNtA Spore km LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) HOKLL LYRES (tea*)DOLLY
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  • Page 16 Advertisements
    • 906 16 K LINE KAWASAKI KISEN KAISHA. LTD. EUROPE' S pore P Keiang l.Hatre R'dam Hbofg Bremen A'»erp N PEARL 14W |21 Apr 22*T» 8 May 9 May 11 May 12 Hit 14 lb) C BOH 13* 25 Apr 27 Apr 13 May .14 May 16 Mi, 17 May 19 May KOREAN
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    • 744 16 1.5.A./EAST CANADA SERVICE *£C£PTMG FOTia CORTMBB FMH POMMC. P. KUK. STOK im*i tar- m im. anu E.C./6REAT LAKES SERVICE rah m> row. knfou ml mac. pmlarelpnm, moni 10/12 m 24/20 MM U/Hkr IVI7My 27/29 My JO/1 km CAUEORMA/PACIfIC NORTH WIST SUVICE laaOtag tar in maa. sm fmmcsco seattu. tacoma. wmcono.
      744 words
    • 387 16 < r<>i■ SINGAPORE SHIPPING AGENCIES PTE LTD IJSdviO'lt. VSCAPU«t VAP»f ''NCi 9'*'.. <i Nib GtSiOAi 9'J 114 ciNfcS Tfti« Ms s*o A B C APSHIP C ABII CASOOSH'P S/\GAPORE /SL 4 \/)S USE MIDDLE EAST RU.L LAR USER A SAFE WAV TO SHIP BV SSA My ipn PIN M lM*|
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    • 358 16 21/22 Apr 23/2S*i 27/21 Apr Gomo 9/5. CMH/lpoel 16/5. Brtmo 21/5, Hb» 24/5. Rtfa* 27/5. Un 1/6 AMrp 9/6 27/21 29/2 Hit 3/5 My Mom 20/5, Ctft/Ldwi 26/5, Brtma* 31/5. Hb| 3/6. Rdan 7/6. Lpool 12/6 8/18 Hit 11/14 May 15/16 Nay Ltam/GtM* 29/5. CMI/Lpool 5/6. Branwo 10/6. Hb( 13/6.
      358 words
    • 509 16 f INTRASEA (PTE) LTD. ,ibo' House J34E Ochard 5 Telephone J352M i I'3S4o>^ X rrtt 1-: Kansai Line STRAITS/AUSTRALIA SERVICE Smppore P Keiang Lu*« tr. MSAIV.I3 19 May t May Sydney/Mettiourne/ feppn WIMO (TO) LIB UUtll HOOK 2354*57 1 no mwm mm— mm. mm mmn ALPAC LINE SOUTH AFRICA SERVICE
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  • Page 17 Advertisements
    • 185 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG SHARJAH SHIPPING CO. LTD Z>- V. Aj J—(UNITtD ARAB EMI(tATfS> n GENERAI AGENTS SUB AGEN SHARIAH SHIPPING (S) PTE LTD ORIENTAL SHIPPING CORPORftnON Sth Floor Kbeng Hoe Bidf KUALA LUMPUP T£l 4x/544 34, Philip St S port 1 ISLAND CARGO HANDLING TEL *****3. *****7
      185 words
    • 331 17 fe*ANHSING OVERSEAS LINE lyA KGUIAR SEH-CONTAMER/LMER SERVICE S pore P Kelan t Penanf Coadnt lor UMON YENBO 23/25 Apr Jeddah/Hodcidati *UMON BALTMORE 22/24 Apr leddah^^ *mm KOWIOON 4/6 May Hon* Konc/Taman *UMON BANGKOK.... 21/23 May Wd J. ACCEPTING CONTAINERS T< fl. I pcf lirfji STRONGWILL ENTERPRISE (PTE) LTD .;j »OB"»SO«
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    • 171 17 ALFRED C. TOEPFER LINE REGULAR SERVICE TO MEDITERRANEAN PORTS OF ITALY, SPAM. FRANCE TIBER SERVICE Spare P. Kftanf Dtsdurpnf Parts 21 May 24 May La Spaaa. ManfafcoM. Mm miEßfnODfll TRRfISPQRT CENTRAL GULFS! EXCLUSIVE LASH SERVICE TO U.S. ATLANTIC GULF CKDIMMPOM* 11/51 CGL 27 Apr Apr 2 Mi? OH* BUMD 21/57
      171 words
    • 284 17 fr«r €«<t $£t«l WEST BOUND LOAOMG FOR MUSCAT. DUBAI ABU DHABI. BAHRAM. KUWAIT KWIK *92* AL f MAI V 14N (IK) CAST-VMS DBCMMONC (M.T BACH.ONE Hill lAS TDM PHOT (TIC) ETA fTD 21 Apt 1 May 23 May 24 Iby 2 kby 3 Hit 17 M* it Mir f» ETA
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    • 224 17 NOTICE m.v. -VISHVA AMBAR" VOY: 15 arrived 18th April. 1»7». at P.S.A. Gojown No*. 42/43. General Survey of d»maged cargo ex the above vessel will be held on Tuesday 24th April. 1979. as from 9.00 a.m. to 5.00 p.m. No further survey will be held after this date. Agent*:R. JI
      224 words