The Business Times, 15 May 1979
1979-05-15
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The Business Times
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Title Section10 1979-05-15 1 BUSINESS TIMES M.C.(P) No. IM/l/79 TUESDAY, MAY 15,1979 50 CENTS10 words
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BRIEFLY...
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Article83 1979-05-15 1 UPI BANGKOK, Mon. Khmer Rouge leader Pol Pot, in his first public appearance since January, today called on his loyalist Kampucheans to kill at least 20,000 Vietnamese in the next five months. The shadowy communist leader, overthrown as Prime Minister by the Vietnamese invasion last January, wasUPI - 83 words
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Article79 1979-05-15 1 Reuter BRUSSELS Mon. The European Economic Community's trade deficit with Japan could rise to US$B trillion (5517.6 billion) this year from $6.4 trillion last year, a senior EEC official said here today. Sir Roy Denman, Director General for EEC External Affairs, had just completed high level consultationsReuter - 79 words
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Article56 1979-05-15 1 INDIAN Prime Minister Morarji Desai's special envoy Dinesh Singh arrived in Singapore yesterday for a three-day visit to hold talks with Prime Minister Lee Kuan Yew and Foreign Minister S. Rajaratnam, an Indian High Commission spokesman said here. Mr Dinesh Singh is on a tour of South-east56 words
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Article54 1979-05-15 1 Reuter JAKARTA, Mon Asean has set the stage for a multinational conference affecting the future of thousands of refugees from war-torn Indochina. The two-day conference, beginning in Jakarta tomorrow, is expected to decide on the establishment of a temporary shelter for the "boat people" until they can beReuter - 54 words
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Article69 1979-05-15 1 UPI MANILA, Mon. The United States and the European Economic Community were accused today of preventing the full implementation of the international sugar agreement. Cuban Foreign Trade Minister Marcelo Fernandez Font said in a speech before the fifth UN Conference on Trade and Development that the sugarUPI - 69 words
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Article77 1979-05-15 1 AP TOKYO, Mon. The US dollar fell more than one yen against the Japanese currency today following the announcement of Japanese government steps aimed at helping the yen. The dollar closed at 213.85 yen, down from 215.025 yen last Friday. It dropped to 211.60, lowest since April 2,AP - 77 words
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Article82 1979-05-15 1 AP NEW YORK, Mon. The stock market declined slightly this morning. The Dow Jones average of 30 industrials, off 16.96 last week, lost another 0.95 to 829.6 1 in the first half hour. Losers took a small lead over gainers among New York Stock Exchange-listed issues. Analysts saidAP - 82 words
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Chief Price Changes
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Article138 1979-05-15 1 Rises Most Active Tronok Mines Sungei Beai O C B C 1030 1000 735 45 20 17 Tganu Dev Setron 226,000 182,000 Straits Trading 735 15 S Darby 142,000 S P Textile 119 12 Gen tings 82,000 Hi«k Low Sin Ckew 424 414 6 6 Total Turnover: 2.87m D138 words
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Article, Illustration143 1979-05-15 1 Sg Besi Tronota S Kinta S P Text Conplt Wrt S Trading Duff High A Low P Product Rises 1090 1040 780 119 535 745 258 r 432 145 50 +40 +20 15 15 15 12 10 +07 Most Active TrengDev 238,000 Consplant 212,000 T Text 197,000 Kulim143 words
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Article1045 1979-05-15 1 QUEK PECK LIM - PRIVATE INDUSTRIAL COMPANIES By QUEK PECK LIM Financial Correspondent WITH ONLY 45 days to go before the first half of the year ends, the odds are that the Singapore stock market's first new share issue will come out in the first two weeks of1,045 words
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Article179 1979-05-15 1 THE REGISTRAR of Companies has issued a notice calling on all lawyers, accountants and chartered secretaries to stop filing the wrong kind of charges with the Registry of Companies (ROC). A spokesman for the Registry said that the Companies Act imposes specific obligations on the registration of179 words
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873 1979-05-15 1 COLIN CHEE - By COLIN CHEE FAR Eastern Bank (FEB) yesterday sprang a surprise on the hanking industry—it raised its savings deposit rate by a massive 1.5 percentage points to 6.5 per cent, the highest in the market. As one of the smaller local banks, FEB873 words
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292 1979-05-15 1 PRICE Waterhnnae aid Ca, the multinational accounting firm, is about to wrest the premier p—Mm la the tocal accnanting prifiwiH from the established leader Tnrqaand Vouok and Ca. Fresh from Its tnmaltoHi of the 12.M mlUtoa Sine Darby HiWlip account, Price292 words
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481 1979-05-15 1 JOHN LIM - By JOHN LIM THE Singapore Manufacturers Association (SMA) will be conducting feasibility studies on the setting up of a financial institution for manufacturers. Feasibility studies will also be carried out to determine the need for trading companies to promote Singapore-made goods abroad. The481 words
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Page 1 Advertisements
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Advertisement0 1979-05-15 1 ~""(:|:~%~{,;":<~"},/_@]-<\|:`+0 words
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Advertisement22 1979-05-15 1 Lvhii Predators "lop cats on the prowl... green after green lynx 'S Predators Investment Cast Woods and Irons definitely is your club22 words
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Advertisement66 1979-05-15 1 mm SHIPPING TIMES THE way Ml for prfotfag Mu- mn I t US lmruee bnkm take aa TAIWAN'S aabrMled trade a d'o —T'V/r"" TRACTORS set to balkieae VICTIMS e( the last riirewtia ...5 jc lmtrruttitmiil rrrih irtiikr 11 LISBON'S maaameatal sight- TAXING peaaltlee for flrms 12 MEMOPAD t, FUGHTB f,66 words
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Advertisement209 1979-05-15 1 Plain paper copiers Preferred by offices worldwide CALL *****5. ▼VI Wywy Private Limited jpw Wywy House i 7 Leong Kee Roaa mm mw Singapore 3 Leader... Page < Iwo is better... especially when it costs as little as one! Both for <s I €> O o o 4> o o209 words
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TRADE AND INDUSTRY
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Article532 1979-05-15 2 WITH the domestic printing market saturated, prospects of further expansion of the printing industry must lie in the selling of Singapore as a printing centre. There are 324 licensed printing presses in Singapore. The larger ones, altogether seven of them, are keeping abreast of technological developments532 words
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310 1979-05-15 2 SHIPMENTS of lube basestocks from Esso's lube plant at Pulau Ayer Chawan soared to a record high last year. Actual volume of products delivered was 24 per cent higher than in 1977 and exceeded that forecast by 12 per cent. Of the total volume310 words
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Article, Illustration322 1979-05-15 2 A NEW concept in fire ventilation, particularly for single-storey factory buildings, will be highlighted at an exhibition in Singapore by the UK-based manufacturer of the equipment, Colt International, and its Singapore agent, Si me Darby Singapore Pte Ltd. The exhibition held today and tomorrow at322 words
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Article436 1979-05-15 2 COURSES AND TALKS March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, SITC, SITC May 4-24: Industrial Relations, Holiday Inn, Personnel and Organisation Development May 18: Training preparation of welders for qualification tests,436 words
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Article178 1979-05-15 2 Official launching of FASOrient THE Minister for Trade and Industry, Mr Goh Chok Tong, will officiate at the official opening of FAS-Ori-ent Pte Ltd in Loyang Industrial Estate on Wednesday. FAS-Orient is a $5-million joint venture between local company Heli Orient and Bertea Corporation, a leading US manufacturer of precision178 words
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Article104 1979-05-15 2 AVERY Export Ltd, an English firm, is to supply 105 electronic baggage weighers for the new Changi International Airport. This deal represents the biggest export order the company has received for these machines. Worth £200,000, the order is for 128 kg capacity loadcell weighers with digital104 words
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Page 2 Advertisements
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Advertisement47 1979-05-15 2 CONGRATULATIONS to Associated Data Processing Pte. Ltd. onthe successful implementation of the on-line red-time systems for WAJ ASIA COMMERCIAL BANKING CORPN. LTD. U FAR EASTERN BANK LTD. THE INDUSTRIAL COMMERCIAL BANK LIMITED Overseas Union Bank Limited "We're proud to be part of this progress" Complete Computer Systems47 words
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REGIONAL
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496 1979-05-15 3 UPI CHINA'S new foreign investment regulations, which will allow private sharing of business property, is compatible with the nation"s social system, a Hongkong legal expert said. The British colony's Ming Pao newspaper yesterday carried an interview with Miss Liu Yaozhu made before sheUPI - 496 words
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Article266 1979-05-15 3 Reuter ASSOCIATION of South-east Asian Nations (Asean) foreign ministers will bold a three-day conference in Bali, east Java, from June 28 to 30, Indonesian Foreign minster Mochtar Kusumaatmadia announced yesterday. Professor Mochtar was speaking at a press conference after presiding over a meeting of the StandingReuter - 266 words
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Article313 1979-05-15 3 AP KANEBO Spinning Mills, a Japanese owned mill, which has invested USJ9 million (SJ2O million) in its factory at the Prai industrial estate, may spend up to $11 million on expansion in future. Kanebo produces raw white acrylic yarn and acrylic blended yarn whileAP - 313 words
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Article284 1979-05-15 3 TOTAL 1978 United States agricultural exports to Malaysia rose from MJ120.6 million to $144.9 million, a 20 per cent increase, according to US Department of Agriculture statistics. Topping the list was tobacco which amounted to $61.3 million, up $5.5 million or 10 per cent. According284 words
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226 1979-05-15 3 Reuter THE Iranian decision to raise oil export prices by 60 US cents (about 551.30) a barrel might worsen inflation in Japan and slow down domestic economic recovery. Japanese International Trade and Industry Ministry sources said they fear the Iranian measure might lead toReuter - 226 words
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174 1979-05-15 3 UPI JAPAN and the Soviet Union began their first working-level meeting yesterday to improve strained relations caused in part by Japan's signing of a peace and friendship treaty with China. Japanese Government officials said no major agreement is expected during the two-day talks inUPI - 174 words
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Article, Illustration191 1979-05-15 3 CHINESE Vice-premier Geng Biao arrived in Stockholm on Sunday for a oneweek visit to sign a general trade agreement with Sweden amid signs the Soviet Union is disturbed at the visit. Mr Geng and a 20-man delegation arrived by private plane at Arlanda Airport at191 words
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Article92 1979-05-15 3 JAPAN and China will open three-day talks in Beijing starting on May 22 to discuss pending aviation problems, the Japanese Transport Ministry said in Tokyo yesterday They will involve an increase in the respective weekly flights from six to seven and an addition of Kuangchou for Japan92 words
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Article530 1979-05-15 3 TAIWAN registered US$B.B5 billion (5518.9 billion) in trade in the first four months this year, up 52.38 billion, or 36.9 per cent from one year earlier, and resulting in a $406.2 million surplus, a Taiwanese economic official said on Monday. The official said initial official statistics530 words
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Article111 1979-05-15 3 AP HONGKONG was blacked out on Sunday night as neon signs were turned off under the Government's plan to save energy. Under the Oil Conservation and Oil Control Act which came into effect on Sunday, the use of electric light for advertising, display and floodlighting hasAP - 111 words
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Page 3 Advertisements
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Advertisement206 1979-05-15 3 Clipper Class. A way to mix pleasure with business. When you fly Pan Am, you fly our latest 747SPs which can speed you to places nearly halfway around the world non-stop. So, for the business or frequent traveller flying Clipper® Class on our 747SPs we are proud to introduce some206 words
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RAW MATERIALS
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Article348 1979-05-15 4 COMMODITY prices stagnated at last week's closing levels on the Singapore produce market yesterday, when foreign buying interest was very much reduced. Coffee dealers reported a steadier trend following the steadier close on the London market last week. The better sentiment was partly attributed to Brazil keeping a348 words
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Article195 1979-05-15 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) MM jrara: China Blue Phoeiui 20s 2,336 32s 2,830 40s 3,066 (per bale of 400 lbs I. Piece gM*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and195 words
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Article355 1979-05-15 4 OPENING prices in Singapore yesterday were marked up slightly on reports of Soviet acceptances but the market later ruled unchanged. Towards the morning's close values steadied slightly on some June demand from trade and speculative buying, dealers said. The morning session closed slightly higher with June One RSS buyers355 words
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Article30 1979-05-15 4 Rubber: May 14 Singapore: June: 278.25 cents (up 2.50 cents) Malaysia: June: 280.75 cents (up 3.00 cents) Tin: $1,975 (up $20) Official offering: 193 tonnes (down 4 tonnes)30 words
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Article356 1979-05-15 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. prorapl f.o.b. 283.75 284.75N 285.00 286.00N Int. 1 R.S.S. June 276.50 277.00 278.25 278.75 Int. 1 R.S.S. July 272.50 273.00 274.00 274.50 Int. 2 R.S^. 270.50 271.50N 272.00356 words
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Article110 1979-05-15 4 NOON SSR ■ml 1 SMR prices ycsUrday Jaijr RAS (Cn rreat Mtk) iFoi rward Mik) Bayers Sellers Bayers Sellers SSR 20 (1-ton pallet) 270 00 272.00N 270.00 272.00N SSR 50 til loo pallet) 267 00 269 OO.N 267 00 269 OO.N MRELB SMR CV (1-1 ton pallet)110 words
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Article64 1979-05-15 4 THE STRAITS tin prices in Penang yesterday reee to $1,975 a picul, to stood $275 above the international Tin Agreement celling. Values firmed oo strong fresh demand from Japan with little local aod US interest noted at this level, dealers said. Total turnover amounted to 113 tonnes compared64 words
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Article133 1979-05-15 4 THE SUGAR futures market yesterday continued the recent quiet trend with no trades registered as on Friday, dealers said. Cotton trading closed firmer in continued quiet and featureless trading, with no trades done as on Friday, dealers said. Sugar future* closing prices May CMag expired dMk| 8.15 18133 words
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Article319 1979-05-15 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.96. 100 per cent second class 0.85. 100 per cent third class 0.80. 25 per cent new crop no stock. B-10 per cent 0.70 THAI BROKEN: A-super 062. Special 0.56.319 words
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Article802 1979-05-15 4 COFFEE: Trade buying from one leading house in nearby months yesterday took these positions up to morning highs and helped shrug off the earlier easier tendency, dealers said. At the close, Robusta futures ended slightly steadier with gains from Friday of £28 per tonne in spot May to802 words
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Article68 1979-05-15 4 CJ.F. North European port*, tn US dollars per ton unless otherwise stated LONDON: Frt Malaysian 5* ffa bulk per tonne July Sumatra 5% ffa bulk May June July August September Nigeria 5% ffa bulk stg unch unch STCpd 6T0pd 665pd unch unq 660sIr 6R5pd 675slr/675/ 672pd eei sir68 words
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282 1979-05-15 4 Reuter CRUDE palm oil production in Peninsular Malaysia rose to 142,046 tonnes in February from 140,167 tonnes in January and was above the 78,018 tonnes in February 1978. Preliminary figures from the Malaysian Statistics Department showed that output for the first two monthsReuter - 282 words
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549 1979-05-15 4 LOW EXPORT prices of pepper for the whole of last year have depressed Sarawak's earnings from the commodity although export volume increased by 15 per cent, according to the latest issue of the Pepper Market Bulletin. Pepper, which is the third largest export earner549 words
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Article347 1979-05-15 4 AP THE BIG four of world wheat trade, the United States, Canada, Australia and Argentina, have pledged full consultation in future policy-making to avoid misunderstandings that could lead to a price war. "We agree we don't want a price war," US Agriculture Secretary Bob Bergland said. TheAP - 347 words
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ASIAN STOCKS
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Article620 1979-05-15 4 Tokyo Source: DBS-Daiwa THE MARKET continued to climb yesterday, with interest mainly on large-capitalised stocks. This reflected Saturday's bullish mood, although Monday markets have been bearish during the past several months owing to investors' wait-and-see attitudes. The Nikkei Dow-Jones average rose for the fifth straight session. TurnoverSource: DBS-Daiwa - 620 words
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Article321 1979-05-15 4 Source: SHK Sec Ltd THE market went through an uneventful day yesterday. It opened steady and turned easier before mid-day on much slower turnover. Last-minute buying by both local and overseas investors saw index improve to close just marginally lower than last Friday's close. As buyers remained cautious andSource: SHK Sec Ltd - 321 words
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Article255 1979-05-15 4 MAY 14 Cents INDUSTRIALS A. C. 1 IB -j A. N. I. 175 unch A P M 132 unch Ampol Pft m unch B H P. Kt Bank NSW 362 •S Bortl aw 1 BrtmMn ITS unch C B. A an «> C. 8 R Coal Allied Dun lop255 words
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Article93 1979-05-15 4 MAY 14 Pesos A CO)* Mining 0088 -0 0002 Alias Con. A Alias Con. B. 23 80 -0.7 Bafuio Qold A1 -0 0005 Brnfurl Con. B 25 50 -0.5 BF Goodrich 20 50 -03 CDCP 22 40 -0.6 Inco B. Landoll L?panto B Martnduque B 1070 0J Mermico 22.5093 words
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Article239 1979-05-15 4 MAY H Bah Li Asia Credit 204 Alia Fibre ICS 3 AyuUiaya In* lit And Trust Bangkok Investment Bangkok Bank 3*4 •4 •la nek ok Drying And Silo 318 -6 Bangkok Insurance Bangkok Metro548 politan Ban -20 Bangkok Nylon ISO unch Bank Of Asia Bank Of Ayudhaya 210 42239 words
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Page 4 Advertisements
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Advertisement184 1979-05-15 4 *0 V J si ■He > £3 VX !*>« "SSS i V 35 'V <»■ wr w&m tgfZf. WZ < Made for true comfort and efficiency. Designed to follow the latest ergonomical principles, the Ero chair has won international awards for quality, function and design Suitable tor all desk |Obs184 words
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OVERSEAS
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428 1979-05-15 5 UPI THE world owes the United States nearly US$74 billion (Ssl63 billion), with the bulk from transactions, aid programmes and loans made since World War n began. The Soviet Union owes 11.1 billion and most of that 5674 million is from lend-leaseUPI - 428 words
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Article129 1979-05-15 5 Reuter FRESH political violence and a row over the price of petrol brought a spark of life to Italy's lacklustre election campaign over the weekend. With two weeks to polling on June 3 and 4 and little prospect of the results providing a clear solution to Italy'sReuter - 129 words
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160 1979-05-15 5 Reuter BRITISH Foreign Secretary Lord Carrington told his Common Market colleagues that the new Conservative government will give priority to Europe, according to French Foriegn Minister Jean Francois-Poncet. He said after a two-day informal gathering of the nine ministers at Chateau Mercues thatReuter - 160 words
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Article79 1979-05-15 5 MORE than 30 per cent of service stations in petrolshort southern California were closed on Sunday. Elsewhere in the United States, the-petrol crunch appeared to be less severe, with most states reporting closings ranging from about 50 per cent to normal for a Sunday. As long79 words
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Article739 1979-05-15 5 ARRIVALS Service Local Operator Number Tine From MAS MAS CAL CPA GIA MAS SIA SIA GIA GIA PAL RBA GIA SIA SIA MAS THAI SIA MAS SIA SIA SAS SIA GIA CAL GIA SIA MAS LUFT SIA MAS SIA SIA SIA BA SWR SIA ANZ MAS GIA739 words
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Article, Illustration523 1979-05-15 5 Reuter UPI THERE will be serious threats to world peace if the American Senate rejects the new Strategic Anns Limitation Treaty (SALT II) negotiated with the Soviet Union, US Secretary of State Cyrus Vance and Defence Secretary Harold Brown said. Mr Vance, whoReuter; UPI; Source: AP photo - 523 words
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Article353 1979-05-15 5 UPI DECLARING "No price is too high to pay few peace." Israeli Finance Minister Simcha Ehrlich presented a five-year programme on Sunday calling for severe cuts in government spending to cushion the economic shock of peace and hold Israel's record inflation to 60 per cent thisUPI - 353 words
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716 1979-05-15 5 NYT SMALL BUSINESSES bore the brunt of almost all the economic decline in the New York metropolitan region during the IST74-75 recession and economists fear that the economic downturn forecast for the next year could similarly affect small businesses. And, sinceNYT - 716 words
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179 1979-05-15 5 UPI A NEW STUDY by the American Jewish Committee showed that the stiff American stand against the Arab boycott of companies doing business with Israel has forced the Arabs to modify their stand. When -Congress passed legislation in 1977 forbidding American companies to complyUPI - 179 words
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WORLD IN BRIEF
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Article581 1979-05-15 5 Agencies A FURTHER rise in the prices iof oil this year may be unavoidable, Kuwait's Minister of Oil Sheikh Ali Khalifa Al-Sabah said. In an interview with the Middle East Economic Survey (Mees), the Minister saic: "With the market going as it is, I cannot seeAgencies - 581 words
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Page 5 Advertisements
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Advertisement133 1979-05-15 5 /s s w r- i f c > <■ if ■m ■f In just 10 years, over 2,000,000 Peugeot 504 cars have been sold, yet not many ain be obtained on Singapore's secondhand market! From 1968, the Peugeot 504 has been steadily selling all over the world. Upto April 1978,133 words
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488 1979-05-15 6 READERS of the latest proposals of the Singapore Manufacturers' Association (SMA) will be forgiven for feeling that they have heard it all before. The chairman's revelation of studies by the Association on a financial institution to cater to the specialised needs of manufacturers488 words
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Article400 1979-05-15 6 NEVER before has the local banking community lavished so much attention on the savings market. Still more unusual it is to see bank after bank slapping increases on their savings deposit rates to secure a larger slice of the savings market, or merely400 words
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Article, Illustration869 1979-05-15 6 ALLAN REDITT - Dark clouds are hanging over the multi-million dollar project at Sines, reports ALLAN REDITT. To stop the project will not only mean massive capital loss, but more importantly, the loss of prestige. Portugal's planners would not like to admit they were wrong, that the fishermen ofReuter - 869 words
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Article, Illustration633 1979-05-15 6 PAUL LOONG - To exiled sons and daughters By PAUL LOONG UPI IN TIMES of need in the past, China turned time and again to its exiled sons and daughters for help. It is doing the same thing now. What the country needs most now is cash to pay for its modified, butUPI - 633 words
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Page 6 Advertisements
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Advertisement202 1979-05-15 6 4 Cold Storage Holdings Limited (Incorporated in the United Kingdom) NOTICE IS HEREBY GIVEN that the Annual General Meeting of the Company will be held at Empire Dock, Singapore 4, at Noon on 23rd June, 1979 when the Directors will recommend for approval a Final Dividend of six Malaysian cents202 words
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Page 6 Miscellaneous
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Miscellaneous1431 1979-05-15 6 tTflfK Hard Times at 11th hour SOMETIMES, BTB maaages to have a g—d day, if Taeadays an aaythlag to gaby. First, there are twa deeameatarlea which aheaM he warth watchiag. At CJSpm Is "Dahamey", part ef the ChlMrea «f the Wartd Ndes telecast to eaajaactlaa with the lateraattoaal Year si1,431 words
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Article, Illustration1500 1979-05-15 7 JONATHAN CARR - By JONATHAN CARR FT WHY are the West Germans generally so successful industrially and commercially? One suggestion is that they work harder than their competitors, which is often quite' difficult to prove. Another is that the country enjoys a relatively high level ofFT - 1,500 words
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Article1889 1979-05-15 7 FRANK VOGL - FRANK VOGL Hoechst, the German company which is the world's largest chemical manufacturer, has an important American connection far bigger than its name will suggest. It employs 9,000 Americans in 19 states and registers US$9OO million in sales. Furthermore, it expects to earn 12 per cent ofNYT - 1,889 words
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Article, Illustration1146 1979-05-15 7 FORUM r 1 ...with Rita Palmer NYT IT WAS just a year ago that two American insurance brokers tried to win access to the hallowed trading room of Lloyd's-of London by buying British brokerages. But Lloyd's, that venerable marketplace begun in 1688NYT - 1,146 words
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Page 7 Advertisements
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Advertisement88 1979-05-15 7 BUSINESS TIMES GIVES YOU THE EDGE Every single business day, Business Times keeps you informed of essential financial, commercial and industrial news. Economic Trends. The Money Market. Price Indices. Company News, Reports. Opinions and predictions. Can you really afford to miss Business Times? Subscribe now M- >1"' *3$ I*■ Jr88 words
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Page 7 Miscellaneous
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Miscellaneous17 1979-05-15 7 ~rne>f Host Boy "TMC lift eoV.THEL JP*4tTo£, TH£ T£J=\ UM>V. Tue CFHR Pexsc PfTneMDFSNT PMsO fern's messewGefc17 words
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INTERNATIONAL STOCKS
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344 1979-05-15 8 Reuter HUTCHISON Whampoa Ltd said it reduced its portfolio of quoted dealing investments to HKJI2.S million at < end-1978 from $89.7 million at end-1977. Its annual report gave no details of profits on the sales. However, a breakdown of group earnings showed financial activities contrib-Reuter - 344 words
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Article127 1979-05-15 8 Reuter SWIRE PROPERTIES said demand for apartments in its Taikoo Shing residential development has now recovered after a slowdown at the beginning of the year. Company chairman John Bremridge said in the annual report that demand for the apartments was exceptionally strong throughout mqst of last year,Reuter - 127 words
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269 1979-05-15 8 Reuter HONGKONG Land Co Ltd's profits on sale of residential properties doubled in 1978 to HKJ49.9 million from $24.9 million in the previous year. The 19TT8 annual report showed the increase in property trading income accounted for almost half the overall rise in groupReuter - 269 words
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Article, Illustration163 1979-05-15 8 Reuter COLUMBIA Ptetareu Mutrid reported a slurp drop in its third fiscal quarter aad nine ■Math profits aver the amine year-age periods, blaming the decline oa "the mix of theatrically-released motion picture". The eempaay said Its profit during the three (Maths eaded on March SI US$ll.B mllltoa,Reuter - 163 words
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Article131 1979-05-15 8 UPI BENGUET Consolidated, Inc., one of Philippines' leading mining companies, announced a decline in net earnings for the first three months of 1978. January to March revenue dropped from US$3.7 million or 14 cents per share in 1978 to $2.4 million or 10 cents per shareUPI - 131 words
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336 1979-05-15 8 Reuter THE LIST of companies waiting to tap the London market with rights issues is now at least two months long, while further potential offerings could extend through to late summer. Market sources noted that the stock market's capacity to absorb a major roundReuter - 336 words
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406 1979-05-15 8 Reuter PAN AMERICAN World Airways expects to spend at least US$4O million more on aviation fuel this year than in 1978. Chairman William Seawell said last year PanAm spent nearly $400 million on fuel, which constituted 19 per cent of the airline's operating expenses. PanAmReuter - 406 words
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Article243 1979-05-15 8 Reuter BOEING expects second quarter sales to be higher than the US$l.7B billion reported earlier for the first quarter. Chairman T.A.Wilson said sales for the third and fourth quarters will be above the second quarter's. Mr Wilson repeated a previous projection that full year sales willReuter - 243 words
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Page 8 Advertisements
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Advertisement165 1979-05-15 8 Where to wine, dine and entertain The American Express Card serves you wherever they serve great food a* Take a new look at the Harbour Grill. Treat yourself and your business associates to an excellent lunch selected from our superb offering of choice US prime beef, our daily Nouvelle Cuisine165 words
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Advertisement108 1979-05-15 8 k 1-J 1 I'IL- v PackagaCoal aomnk ImgM) Smgt* Occupancy SS7OO Tw«n Occuoancy Stl 10 00 Tnpta Occupancy *****00 (Mai no parchaW) Ch*»an unoar 12 yaan accomparaad By Parana SSIS 00 Now All accpmnadatan Niry Samoa lo Saraoaa 4 *raa noaa around aland on SOC buaaa F' X tti cit108 words
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Advertisement181 1979-05-15 8 4 iiviiU 77J, For sushi. For teppanyaki. For other authentically Japanese delights. For reservations call *****7 riiliin I'ark SlM>ni(oii t| M H*t if 111 s li :i o sii )i ;i^(). \J \i > !\i iiir < »\\ll |«.h i minn< < )ls| -s l\\ .111 »l I •l! li181 words
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Advertisement140 1979-05-15 8 'In the Georgian Vftng of the Cockpit a splendid Period restaurant onering the choicest fare in the true British tradition where good taste triumphs from Beef \XfeJlinglon Buierfly fillet and a wide choice of traditional dishes io dining in a luxurious period atmosphere With service friend and foe praise us140 words
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BANKING AND FINANCE
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Article706 1979-05-15 9 THAILAND is in the syndication loan market for a sum of US$6O million (Ssl32 million). Sources say the mandate has been given to Bankers Trust (Asia) in Hongkong. For nearly a month Bankers Trust has been in search of members for its management team. It is706 words
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Article79 1979-05-15 9 Reuter THE International Monetary Fund is not expected to announce the results of its gold sales review until next week, informed monetary sources said. They reported earlier that the announcement was scheduled for last Friday. It has been delayed for administrative reasons, the sources said.Reuter - 79 words
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207 1979-05-15 9 CANADA will issue US$95O million in non-callable bonds with the Bank of Canada taking a minimum of $300 million of the offering, Finance Minister Jean Chretien said. The offering, to be dated and delivered on June 1, will reopen three old issues207 words
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MONEY AND EXCHANGES
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Article464 1979-05-15 9 THE US dollar was moderately traded on foreign exchange markets yesterday. It was dealt around opening levels against most currencies except the yen. Here, the Japanese currency showed a tendency to weaken, reflecting continued concern in the market over Japan's vulnerability to sudden oil price increases. Against the464 words
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Article215 1979-05-15 9 THE dollar yesterday opened slightly weaker against all major currencies compared with Friday's closing levels here, dealers said. Early trading was quiet. The yen opened firmer against the dollar at 213.15/ 30, against Friday's 215.00/ 15. Dealers noted that news of the Japanese decision to relax drastically or abandon215 words
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Article174 1979-05-15 9 Asian rates ASIAN currency deposit interbank rates as at close on May 14: 7 days 1 months 2 months 3 months 6 months 9 months 12 months US Dollmn(Saat) Offer Bid 10'. 10 109/16 107/16 10'. I0H 10 15/16 10 13/16 115/16 113/16 U'i 11 113/16 111/16 1 month 3174 words
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Article47 1979-05-15 9 RANGE of prices offered by discount houses on May 14: Overnight 4 Call deposits-4'^ rtssiif Bayiaf ScDim 3 month Treasury bills 4*» 4M« 3 month Bank bills 7 9/16 7 7/16 3 month CD 7 6"« 6 month CD 7'« 7 Source: National Discount Co Ltd.47 words
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Article21 1979-05-15 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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Article181 1979-05-15 9 THE US dollar yesterday firmed against most major currencies, but most strongly against the yen, in late trading, dealers said. It rose to a late 213.65/85 yen on Japanese commercial demand for the US unit from Friday's 212.50/213.00 New York close and its 213.00/30 opening here after touching a181 words
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Article165 1979-05-15 9 THE US dollar for overnight delivery yesterday closed at 213.80 yen, up from a 213.00 opening but sharply down from 215.00 at Friday's close. Trading was very active with volume USI9BO million. The Bank of Japan was believed to have sold an estimated $100 mllkm at various levels around165 words
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Article65 1979-05-15 9 QUOTES on the Australia and New Zealand exchanges on May 14: AUSTRALIA: US dollar l lUi/l lOW Sterling 0.5483 0 5420 Ninety-day airmail buying rate*: Sterling 0 5688 US dollar 1.1521 Ninety-day forward buying rate*: Sterling 0.5628 US dollar 1.1190 NEW ZEALAND: Reserve Bank midrate US$1.04*0 Trading Bank Indication:65 words
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Article281 1979-05-15 9 SINGAPORE gold futures yesterday closed generally lower after fluctuating narrowly throughout the day, dealers said. Trading was quiet and thin on lack of fresh developments and turnover fell to 111 lots from 185 lot s on Friday. June closed easier at U*****.10/50 against $253.00/40 at last Friday's close, August281 words
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143 1979-05-15 9 Reuter THE US dellar is currently undervalued Against ether currencies, Mr Haas Mattheefer, the West Germaa Flaaaee Minister, said. As a result of the narrowing ef the US carrest account deficit, it wnM net he sarprlsing if the daiiar remained stable far aReuter - 143 words
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Article60 1979-05-15 9 BANK of America expects to resume making loans for nuclear construction after a review by President Carter's commission on the accident at Three Mile Island is completed. Bank of America said it was in a "holding pattern" concerning additional loans for nuclear plants. It will continue to60 words
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562 1979-05-15 9 THE US government securities market stabilised and then rose toward the end of the week from a decline in the monetary aggregates. Despite the respite from aggregate growth, the credit markets are confronted with some very adverse fundamentals as the US economy continues to562 words
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155 1979-05-15 9 Reuter US TREASURY Undersecretary for Monetary Affairs Anthony Solomon said there should be some gradual reduction in the dollar's relative international role in the future. He said that the relative size of the US economy has declined substantially over the past two decades fromReuter - 155 words
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200 1979-05-15 9 Reuter STANDARD Chartered Bank Ltd said its international division produced record profits from mediumterm lending and foreign exchange activities last year, though British commercial banking operations were restricted by highly competitive trade financing markets. Standard Chartered said in the annual report that Standard CharteredReuter - 200 words
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Article177 1979-05-15 9 Reuter A GROUP of Italian banks announced agreement on financial details of a plan for the salvage of the SIR Chemical group, involving conversion of a proportion of SlR's existing debts into shares and injection of 500 billion lire in new funds. But a meetingReuter - 177 words
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Article, Illustration80 1979-05-15 9 Reuter THE British Prime Minister Margaret Thatcher (above) said the UK government will have considered its position on the Earepeaa Monetary System jeint float arrangement hy Septem|y p Alter talks with German Chancellor Helmut Schmidt, she told a joint press conference in London thatReuter - 80 words
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Article186 1979-05-15 9 Reuter JAPAN'S seaseaally-adjasted average Ml meaey sapply me 1.1 per eeat la March after a J per eeat gala la February, glviag a year-ea-year rise ef 1U per eeat, up (ram February's 11 per eeat DteMag this, the Baak «f Japu said Ml at the eadReuter - 186 words
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Article372 1979-05-15 9 Reuter JAPANESE banks will begin issuing yen denominated negotiable certificates of deposit from tomorrow. Sumitomo Bank said its CDs will be issued for periods of three to six months in stages, following the Finance Ministry's approval. The bank's CD issue limit for the currentReuter - 372 words
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111 1979-05-15 9 PROFITS before tax of Manufacturers Hanover Limited (MHL) hit a record £5.1 million last year, compared with £5.03 million the previous year. MHL is the merchant banking subsidiary of Manufacturers Hanover Trust Company, which is America's fourth largest bank. Last year, it111 words
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Page 9 Advertisements
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Advertisement262 1979-05-15 9 Credit Suisse First Boston (Asia) Limited 2502 DBS BUILDING, 6 SHENTON WAY SINGAPORE 1. DEALERS ASIAN DOLLAR BONDS ASIAN DOLLAR CERTIFICATES OF DEPOSIT FLOATING RATE NOTES CALL: DEALERS TEL 222C744 TELEX: R*****9 MEMBER OF CREDIT SUISSE-FIRST BOSTON GROUP OF COMPANIESINTERNATIONAL SECURITIES DEALERS THE INTERNATIONAL LAUNDRY, DRYCLEANING AND FABRIC CARE EXHIBITION.262 words
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DEALS DONE ON THE SES AND KLSE
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Article1286 1979-05-15 10 $ID and offer prices officially listed and business In and ported to the Stock Exchange Ct Singapore yesterday with the J umber of shares traded shown i Brackets in lots of 1,000 units unless otherwise specified. All Time Settlement Contracts «re quoted after the word "sett". >' Big1,286 words
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Article152 1979-05-15 10 4 1/2% 1/8/80 (250,000) (99 408 99 508) 4 3/4% 15/9/80 (250.000) (99.008 99 70S) 5 3/4% 1/6/78-80 (250.000) (100.808 100.906) ft 1/2% l/S/79-81 (250.000) (*****8 100 506) ft 1/4% 1/3/81 (250.000) (100 108 100.206) ft% 15/4/81 (250.000) (4) 99.80 ft% T F 1/ft/83 (250,000) (100.108 100-206) 7%152 words
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Article87 1979-05-15 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday, the period, bids and offered prices and business done, if any. with the number of options traded shown in brackets. C C (June $2.60) (0.468 0.555). Haw Par (June $1.40) (0.198 0.245). Huw P87 words
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Article162 1979-05-15 10 SINGAPORE UNIT TRUST (Mimwi' fritM tor May It) The Commerce 2.24 2 38 The Saving Fund 1.37 1.45 S pore Prog Fund 1.00 1.0S S pore Sec. Fund 1.85 1.9S S pore Invest Fund 1.34 1.42 S pore Equity Fund ON 1.03 INCOME BOND UNIT (Carreai price*) Income162 words
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Article2611 1979-05-15 10 Gr'. Gr'a Net 1 lwi 9 Last Div Div rw P/E Vol Dav High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 281 207 Acma 250 12. ON 15 4.8 27.1 190* 123' Alcom 182cd 10.0 25 5.4 245 142 no Allied Choc2,611 words
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Article1580 1979-05-15 10 BID and otter prices officially listed and Iwihw m and reported to the Kuala Lumpur Stock Exchange yesterday with the number at shares traded shown In brackets in lots of 1.000 units unleas otherwise specified INDUSTRIALS Krm» 12.505) Afeea (1.808 I MS) cd A Choc (1.338) (3)1,580 words
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Article, Illustration673 1979-05-15 10 AFTER epealag paenlly weak, prices levelled off on the Stock Kxehaage <x Siipptre yesterday whea small leases were psstel ea a wMe treat. Here ceattased te be as il|i sf aelllag preasare. Seme selllag orders carried ever tram last Friday's elese pat aa easier673 words
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Article629 1979-05-15 10 PRICES CLOSED mixed on the Kuala Lumpur stock market yesterday with the easier trend being carried forward from last week. However, with a late recovery evident, particularly on the industrial board, prices were lifted to finish a shade steadier. Many counters including some lower liners made629 words
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COMPANY NEWS
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Article172 1979-05-15 11 JACK CHIA International, the Hongkong-based wing of the Jack Chia group, has sold its entire stake in Malayan Credit to its Singapore subsidiary, Jack Chia Enterprises (Singapore) Pte. Ltd. The sale of the 3.25 million Malayan Credit shares was effected on April 26 through Apollo Tours and Travels172 words
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Article760 1979-05-15 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year G Ceramic* 10%TE(a) Apr 19 May 2 May 15 10% TE GE Life 16% May 3 May 8 May 17 24% 20% (a) Rahman Hyd 20% I Apr 24 May 7 May760 words
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Article226 1979-05-15 11 Company Particulars Ex Date Books Close HK Land Bonus Issue of 1 for 10 Apr 30 May 11 Toshiba Rights Issue of 3 for 2 fe SI.50 per share May 7 May 18 Rosy Bonus Issue of 2 for 5 May 8 May 18 Apollo Rights Issue of226 words
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Article, Illustration956 1979-05-15 11 LOW LEE CHOO - By LOW LEE CHOO THE GOOD recovery in local and overseas textile markets since the beginning of this year has boosted the interim results just turned in by South Pacific Textile Industries (SPTI). Unaudited group pre-tax profit for the first six months956 words
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Article, Illustration801 1979-05-15 11 MANO SABNANI - A CHART OUTLOOK By MANO SABNANI WHEN the big bear let his full weight down on the local stockmarket in the second half of 1974, share prices fell incessantly to unbelievably low levels. Few among us would have thought then that the same shares would801 words
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Article, Illustration608 1979-05-15 11 mm SSf3®l2™ HOCK LOCK SIEW SOME toeaghts m the stole sf toe market The mild selllag ef toe last three trading days seems to he shirty hat saidy drying op. Prices da aat leak tee vainerable at the memeat, hat toe coassUdntion may carry ea fer aHOCK LOCK SIEW - 608 words
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Article256 1979-05-15 11 DEAR Hack Lack Slew, Happy to bear that you will entertain our queries. Your comments in the Taking Stock column are extremely useful and informative. To be frank, this column is the firrt thing I look for when I read the Business Times. Referring to your article256 words
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Article63 1979-05-15 11 Group pre-tax profit for the halfyear ended February 1979 of MJ10.92 million compared with $6.17 million the previous period. The directors recommend an interim dividend of 5 per cent (same). The company said much better oil palm harvest and the higher commodity prices obtained have combined to63 words
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Article44 1979-05-15 11 Pre-tax profit for the halfyear ended February 1979 of MJ2.95 million compared with $915,314 the previous period. The directors recommend an interim dividend of 2.5 per cent (same). Better crops and higher commodity prices have contributed to the substantially better results.44 words
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Article65 1979-05-15 11 Pre-tax profit for the year ended Dec 31, 1978 of MSI. 16 million compared with $406,011 the previous period on turnover of $12.76 million (19.18 million). The directors recommend a final tax-exempt dividend of 3.5 per cent which together with the interim dividend of 3.5 per65 words
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Article54 1979-05-15 11 Group pre-tax profit for the year ended December 1978 of M 53.66 million compared with 11.92 million the previous year on turnover of *48.56 million ($37.01 million). The directors recommend a first and final dividend of 10 per cent (6 per cent after adjustment for last54 words
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Article38 1979-05-15 11 Company 1978 net profit M 54.61 million ($1.93 million) on gross sales $46.63 million ($41.96 million). First and final dividend 10 per cent (5 per cent) taxexempt, payable July 4 to shareholders registered June 19.38 words
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Page 11 Advertisements
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Advertisement119 1979-05-15 11 9M ore Or <A w ih 5* V \W SC?i s* r fa A m 8 a h* y a :r* >**» 3rars 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 most119 words
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551 1979-05-15 12 Reuter THE United States and communist China initialled their first formal trade agreement yesterday in a two-city ceremony that could bring a trade boom and closer ties between the countries. US Secretary of Commerce Juanita Kreps put her initials on the document hammeredReuter - 551 words
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289 1979-05-15 12 AFP THE traffic separation scheme in the Straits of Malacca is expected to be operational next year, Malaysian Deputy Transport Minister Dr Goh Cheng Teik said yesterday. Essential navigational aids, paid for by Japanese users, are being constructed. Speaking at the launching ofAFP - 289 words
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Article398 1979-05-15 12 TWO related eempaaies were srdercd yesterday by a district eeart to pay peaaltles three times the toiMit sf taxes they had evaded. The twa eempaaies, Malayaa CsaumdHfes Pte Ltd aad Stagapere Gattas Maaafaetariag Pte Ltd, were alse flaed a total d fBM*. Thh Is la addtttoa398 words
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Article824 1979-05-15 12 LONDON, Mon. The market was quietly lower today, ahead of the Queen's speech tomorrow with sentiment additionally undermined by fears of impending possible rights issues, dealers said. Share prices were widely lower in light selling. At 3 p.m., the Financial Times index was down 7.9 points at 524.9.824 words
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Article, Illustration339 1979-05-15 12 Reuter THAILAND'S policy towards Indochina refugees will be shaped in accordance with its internal political situation and stability as well as on humanitarian grounds, Prime Minister Kringsak Chomanand told UN Secretary-General Kurt Waldheim yesterday. General Kriangsak told Dr Waldheim during their two-hour talk in Bangkok that ThailandReuter; Source: UPI photo - 339 words
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Article126 1979-05-15 12 Reuter I THE nightlife of Manila and the friendliness of Filipinos is taking its toll of the energy of some of the 5,000 delegates to the UN Conference on Trade and Development (Unctad), delegates said yesterday. Some delegates have been taking advantage of theReuter - 126 words
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Article374 1979-05-15 12 UPI HUNDREDS of uniformed right-wing Thai demonstrators demanding a stop to the inflow of refugees yesterday outside the Vietnamese Embassy sparked a Vietnamese warning that the protest could jeopardise relations between the two countries. The Vietnamese Embassy immediately lodged a "strong and stern protest" to ThaiUPI - 374 words
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Article763 1979-05-15 12 Reuter CAPITALISM and socialism met head on at the United Nations Conference on Trade and Development (Unctad) in Manila yesterday over the role of private enterprise and government in lifting the standard of living of the world's poor. Arguments for more government control over private investmentReuter - 763 words
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Page 12 Advertisements
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Advertisement131 1979-05-15 12 EFFECTIVE MAY 15, 1979 THE NEXT SIX MONTH INTEREST RATE FOR THE USsls f ooo,ooo DAI-ICHI KANGYO BANK LTD ASIAN FLOATING RATE CERTIFICATE OF DEPOSIT DUE NOVEMBER 17,1980 SHALL BE 11-7/ Is% REFERENCE AGENT: CREDIT SUISSE FIRST BOSTON (ASIA) LNMTED REFERENCE BANKS: BANK OF AMERICA NT AND SA CITIBANK N131 words
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Advertisement86 1979-05-15 12 TROPI-COOL AIRCONS take pride of place among the best TROPI-COOL car airconditioners are Americandesigned and engineered specially for the tropics There are none better for the price. TropNcool AIW-Cf>moiT>QNER S In v 1 year warranty Robust YORK or ABACUS Compressors In dasn and under dasn modefs available Supe r b86 words
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Page 12 Miscellaneous
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Miscellaneous60 1979-05-15 12 WEATHER Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 24 Imn prior to U p.m. m May 14 at the airport. Maximum temperature 33.3 Associated humidity 61 Minimum temperature 24.7 Associated humidity 93 Hours of sunshine 10.25 Rainfall in millimetres Nil Total rainfall for60 words
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SHIPPING TIMES
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PORTSIDES
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Article122 1979-05-15 13 THE Port of Singapore Authority (PSA) has designated Keppel Wharves (Berths 44, 45, 46 and 47) and Container Port as approved areas for vessels to load/discharge calcium carbide alongside. However these shipments to and from the vessels must be delivered directly without delay. Conventional vessels carrying122 words
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Article50 1979-05-15 13 Reuter P and O Strath services said it will introduce a 6.06 per cent Currency Adjustment Factor (CAF), on the Australia/Middle East Gulf/Karachi trades in view of the depreciation of the Australian dollar against Sterling. The CAF is effective with the sailing of the "Strathmeigle" in June. ReuterReuter - 50 words
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Article103 1979-05-15 13 LESS than 30 per cent of vessels using the British Steel Corporation's facilities at Port Talbot last year were British flag ships, a union official claimed at the Welsh TUC in Tenby. Mr lan Mason, regional secretary of the Merchant Navy and Airline Officers Association, said it was103 words
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417 1979-05-15 13 Vosper Ltd., of the UK has reached an agreement in principle, to acquire a 75 per cent shareholding in Hovermarine Transport Ltd, the Southampton-based manufacturers of Sidewall Hovercraft. The agreement is subject to contract. Vosper, the parent company of Vosper Singapore, has embarked on a417 words
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Article202 1979-05-15 13 AKP LIBERIA, wttefe Ita Ike world's biggest Hag d convenience shipping fleet, has no intention «f signing the ifJ4 code 9t rtodirt for liner conferences fsr the time helng, senior maritime representative Mr cheforte Weeks said in Manila last week. His comment followed the EuropeanAKP - 202 words
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Article, Illustration327 1979-05-15 13 SINCE her first docking at Sembawang in March 1976, the 7,020 dwt luxury passenger liner Chidambaram has made subsequent trips back to the yard for repairs. In early March 1979, she returned to Sembawang again for the fourth consecutive time a testimony to the owner's confidence in327 words
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2951 1979-05-15 17 SCHEDULE A guide to ships loading at Singapore for forts around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of2,951 words
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Article471 1979-05-15 17 Uk ACS Afea Aipac Angkutan ANL APL Armada Arya Nat ASCL Atlas Aust.Cont n TV TV TV I m V n m V IV Cat s 3 5 4 1 2 a 5 5 3 5 Balkan Bank Batam BBS Bra Asia Bra EAC Bra Bra Ocean Blue Funnel471 words
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Article1138 1979-05-15 18 r RECEIVING OF EXPORT FCL CONTAINERS 1 AND LCL CARGO AT CONTAINER TERMINAL 1 *iB. (1) Bach vessel's estimated time of arrival is advised by the Shipping Llne/Agentl and is subject to change i (2) All export FCL containers and LCL cargo must be delivered to the Authority1,138 words
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Article, Illustration1790 1979-05-15 18 Lloyd's List JETLINK Ferries is predicting that it will carry over a quarter of a million passengers by the end of the year on its Jetfoil service between Dieppe and Brighton which started on April 27. The company says that "market research indicates aLloyd's List - 1,790 words
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Article286 1979-05-15 18 ANOTHER US steamship is launching a USj-China freight service and several,, other ocean-vessel operators are trying to enter the trade. This flurry of activity comes even before there is a major trade agreement between the two nations, which resumed relations on Jan 1 after a 30-year interruption.286 words
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Article193 1979-05-15 18 AFP THE tanker market remained active this week particularly in the Mediterranean and West African trades. Rates for the most part, held steady. But in the Gulf states area, it was still difficult to get large cargoes and for the ULCC's (ultra-large-crude carrier!) conditions were quiet. A reportedAFP - 193 words
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256 1979-05-15 18 Reuter An active inquiry for oil tankers loading in the Mediterranean featured the tanker market over the past week, London ship broker E.A Gibson says. Many fixtures have been concluded and there has also been further inquiry. A number of ordersReuter - 256 words
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Article, Illustration544 1979-05-15 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bremen Maru (1830 tbc after Pakalong Meranti A Bunga Serosa A after Diving Opemtions) 31/32 Bunga Raya (after Bunga Seroja A Hakone D/L Must head west for T/L) 33/34 Dong Yun (after Hakone) 35/36 Hoso Maru after Dong Kwang) 29/30 Joo Hong544 words
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Page 13 Advertisements
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Advertisement381 1979-05-15 13 EUROPE/FAR EAST SERVICE Set Page IV Column 3 for Sailings A^pnts SINGAPORE SHIPPING AGENCIES PTE LTD MARKETING *****? GENERAL *****1 A W si a EURO ASIA LINE SDN BHD KL *****7 -P KLANG *****1/3 PENENG *****/2 4f» I \RI )l I W \H Orient Overseas Go*tlai*te/i Line RUT COIVTAMUSED SERVICE381 words
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Advertisement274 1979-05-15 13 UASC UNITED ARAB SHIPPING CO (SAG) 11 All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability [■ARABIAN GULF WEEKLY SERVICEi S pore Loading for SEA DIRECT SERVICE S pore Loading for Jeddah (25/5). Hodwdah (28/5), Aqaba 7/6) Jeddati (5/6). Hodetdah (9/6). Aqaba (18/6) teddah (22/6).274 words
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Advertisement307 1979-05-15 13 NOL NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTJUNERISED SERVICE Hbar| Bre* Aaerp 4 ton 5 ton 7 to* 5 to* 9 to* 11 to* 14 to* IS to* 17 to* 20 Mi 21 to* 23 tor 29to* 30 ton 2My 5 tot, 6My SMy 12 My 13307 words
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Advertisement426 1979-05-15 13 m Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. MAERSK LINE far U-l Paofc. Paafcc MM NM. Crit Atlantic East Canada m 4 Mexico (Abo accepting tor Monitor*. Taman. Japan and Korea) 13-14/5 14-IVS ARID 21-21/5 21-22/5 25M/5 26-27/S W/l 4-5/1 f» last Asia (Honjkont426 words
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Page 14 Advertisements
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Advertisement682 1979-05-15 14 FITLY CONTMCINSCD TO EMOTE Haa*w| Eiprtss >■■ Etprtn KpMpm Spy Hnfk«( Eiprtss Ranatara Ifan TMjp Ban Cardigan Bar EXPRESS CONVENTIONAL TO BMK Sptrt PKMmi Pm Mm 6mm Kmfcnttpi mn 22,5 19/5 9/6 Sppkit RKApmts 8/6 10/6 12/6 30/6 FUUY CONTWOJSED TO GENQA/TRKTE Sptrt P. Katanf (mm Nppmci 19/5 21/5 7/6682 words
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Advertisement481 1979-05-15 14 Jk barber blue seo Fran: US ATLANTIC US GULF I EAST CANADA r» IMS Ml II Ml 7 If I Mil l( 111 111 BARBER LINES N«xt Arrival: "TEMA" May 12 BARBERLINES TERMINAL 047 (P. Katang 14/5); J* To. IB ATLANTIC US GULF A FAST CANADA S* *■1 1 A*481 words
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Advertisement515 1979-05-15 14 evergreen line FAR [AST FUROPF FXPRFSS FUll CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. IE HAVRE ALSO ACCEFHNG CARGO FOR UMTED MWGOOM SOUTHAMPTON. LONDON. MANCHESTER. WRMWGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BKMEM4VEN HOLLAND AMSTERDAM l>n 111 >l| (Mm MM* Uwf UHwn Eva Hcton M»* J*■ 4*■ JJ»515 words
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Advertisement952 1979-05-15 14 Everett Lines/ 1 Burma Fh* Star Shippiftf Corpn. "BURMESE NATIONAL LINE' lOMWC Ft* HMGOOH 11/20 Mar B F SS C Agents m Motaywo TEPS MALAYSIA Port Ketong Tet <38>-7355 Penorvg Tel *****/***** Campania Argentina Da Navapadon Intarcontinantal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOAOMG FOR DURBAN, CAPETOWN, BUENOS AMES952 words
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Advertisement691 1979-05-15 14 r OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHFNTON WAV MISTRI ROAD SINGAPORE 2 TEL *****44 7 *****70 31 SANKYO LINE AUSTRALIA SERVICE P. Keiang Singapore Loadng »or: 16/11 May hi Pari SYD In Port 17/19 May FREM, ADEL. MEL 30/31 May 21/25 May SYO,691 words
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Page 15 Advertisements
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Advertisement735 1979-05-15 15 Overseas I Containers Limited Weekly service to/from UK/Europe To UK/Continent Spart PJMmi hm If Mar teM Mara It May 21 May Eipraa 24 Mar annua Eiprass X Man AaMae* Bar May Ha*ghmig Eipreu 4 km (Mi lamtei Mara 9 Im Mr* Bar 12 JM 14 Im CarMga* Bar 23 Im735 words
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Advertisement898 1979-05-15 15 GRANARD LINE Granard Shipping Agencies IS) Pte ltd Tel *****77 <5 Lines I Die s Tracing Sdi Bhfl A.va Shipping S Trading f nterpnses AMERICAN PRESIDENT LINES N STRAITS EXPRESS CONTAINER SERVICE Loadmf for New York, East Coast and &4f ports by Mw-Landbndge Los Aneeies, San Francisco and Seattle PKS.898 words
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Advertisement595 1979-05-15 15 [JV: BEN LINE CONTAINERS EXPRESS CONTAVO SERVICE TO/FROM EUROPE FROM EUROPE HBURG B HAVEN 111 Germany Austria Bremen Eiprtss Safcd SjM Ultii Eiprtss SjM Safcd Taky* b) SjM SjM Tatta Eiprtss 15/5 lt/5 Kas«a Mm 19/5 20/5 Ox Mm 2S/5 21/5 Limpul Bay 29/5 30/5 RDM HAVRE SOTON Bcnekii France595 words
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Advertisement606 1979-05-15 15 Scan Dutch 9 ivi at i>l 11: i»* *»iti j »ii 11 :#i: :i»i i rrvz WEEKLY EXPRE Mates 2) Mm 3) Mbur| 4) Cter| a/s 3/« V< 7/S 5/1 18/ I 12/ C 14/1 IVI 18/ I 21/1 M/i 22/1 a/i a/i 2/7 a/l V 7 7/7 B/7 7/7606 words
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Advertisement649 1979-05-15 15 BOUSTEAD AGENCIES THE BANK LINE LTD. LOADS FOR E. S. AFRICA BEECWANK (Reunion Durban Clown Pf E Ldn) Spore 5 8 hin P Kelang 9/12 kin FROM EAST t SOUTH AFRICA FOR BANGKOK MAMA A VESSEL Penang P Ketang S pore lime U.S. GULF COAST SERVICE (New Orleans, Mobfle, Houston,649 words
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Page 16 Advertisements
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Advertisement943 1979-05-15 16 > K LINE KAWASAKI KISEN KAISHA. LTD. F l IP OH *PRt SS SFJ- .ICt TO EUROPE FROM EUROPE TO FAR EAST *1 Havre P keUng S pore H. Hong Osaka Tokyo N CORAL 12E C PAUL 16E N PEARL l«t C ROZt 14C K JACtWON 30 May 5 Jun943 words
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Advertisement808 1979-05-15 16 U.S.A./EAST CANADA SERVICE ACCEPTMG pa/ia CONTARCRS FKCH PENANG. P. RELANG. STORE load* tar: WW TOM. NORFOLI E.C./GREAT LAKES SERVICE LOAMC FOR: NEW TOM. NORFOLK. MONTREAL. TORONTO Pooani Mm< P SMfapore "MSMM MOUM" 27/21 Mn 25/2* Me, 22/74 Hit "ARUNACHM PRADESH" 21/21 tan 18/19 Mb 15/17 Aoh CALIFORNIA/PACIFIC NORTH WEST SERVICE808 words
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Advertisement304 1979-05-15 16 r S.'\(;r()ui) SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH tiOOR OCEAN BUILDING SINGAPORE 1 MARKETING 91 112.2 (3 LINESI GENERAL *****1 |14 LiNESI TELE* RS 2459S RS ***** A B CARSMIP •CABLE CARGOSHIP 1 KlfiU BUN) BUM BLUf) SENMGBUW *1 i'l" PUm 2 ki rt/70 Mr bM 12* 3/1 tm 128304 words
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Advertisement659 1979-05-15 16 Hi INTfPNATIONAI SHIPPING CORPORATION 6 CPU AD EXPRESS FULLY CONTAINERISED SERVICE DKCT CALL AT P HUANG Atea Accept— for 1) Barcelona Genoa. 2) Amsterdam. Antwerp I Hawe. Brimtnhawv Aartws Copenhagen. Hehmlu 4) Malmo. SI •AccepLmj Europe cargo tor leader ni S'por« Basle. UK. 3) Bremen M Oslo 1) G burj659 words
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Advertisement682 1979-05-15 16 INTRASEA (PTE) LTD Paber House 234E Orchard Road Singapore 9 Telephone *****11 *****57 SMmASfBAVIWWm «GU« HDE PENDENT SCM/FULL CONTMNER SERVICE TO EUROff S pare P Kalaat Penmi laatai hr. < tan ySii/Mmim M*AS*mii 301b, .28M* AmMIV) 'RtM/Kbwi Tbat, *tMb Shpp** rnnuucnt) ire 2js»n aoouK 2nmi I lapv TlO JMIK BIRMK682 words
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Advertisement153 1979-05-15 17 CELTIC BULK CARRIERS Regular Bulk S«rvic« For Tifnbor A Plywood fan p. KctM Lw doom cmr fe wr i"" u/5 22/5 tu iUtCOMM cm FE m w 2 14/8 IS/S TU C&TKFE VOT3 TUUtY. MEM HOt/AKTWEUP 1 UnMad Agmncy Pto LM Spar* Tot) P. Koteng Tofc KM! Trucontaner Express Intl153 words
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Advertisement218 1979-05-15 17 LlflN v,OCN SHIPPING TRADING CO 'PTE > jw« 9 > 8 4G,*o6'ftSo* «CiO 'ft *rxr .b fc *s» c• e.• LTD rr* n» MOBMSMCI a*. "SQJMMT MIME" U. 5-71 21-5-79 MMftTft H*.-OHBT HUT MratT 16-5-71 MM rMMK. anSK. kv.-oar Mar tt-i-n am muhhmmwh, east mum soma MV IMUMM" mum 17-5-71218 words
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Advertisement129 1979-05-15 17 ARMADA SHIPPING APS LOADMG FOR NOtFOU/NISCAGOUU SINGAPORE PORT KELANG PENANG "SEA TUT 22/24 MAY 25/26 MAY 27/21 MAY GENERAL AGENTS EVERETT STEAMSHP CORPORATION S/A Muaniric x audi 5*25!,- *"*»<*■« to JS/IMO.CAC.MI TA J5411/J Td. X7721/I Ttl *****/3 NORIENT LINE Europe/Far East Ro-Ro Service NEST MM) ULOMUDm KMC IW IVOOI STOK129 words
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Advertisement76 1979-05-15 17 NOTICES Cherry Laja arrived 6/5/79 p.p.w. gda. 303. Consignees of damaged •x the above vessel are hereby notified that the general survey shall be held on the 16/5/79 from OBOOhrs to lOOOhra. No further survey will be held after this date. Liaa Soon Shipping A Trading Co. Pt«. Ltd. UUMK76 words
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