The Business Times, 17 May 1979
1979-05-17
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The Business Times
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Title Section10 1979-05-17 1 BUSINESS TIMES M.C.(P) No. 14J/1/79 THURSDAY, MAY 17,1979 50 CENTS10 words
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BRIEFLY...
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Article56 1979-05-17 1 UPI ACCRA, Wed. Ghanaian authorities foiled an attempted coup yesterday by a small group of air force men led by an air force officer, the country's armed forces directorate said. One man was killed during brief fighting between the rebels and government forces and the other insurrectionistsUPI - 56 words
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Article61 1979-05-17 1 AFP HONGKONG, Wed. The leader of a top level US military delegation to Beijing said here today China wants the United States to maintain its military deterrent against the Soviet Union as well as its presence in the Pacific. Furthermore, Lieutenent-general Robert Gard said, Chinese national defenceAFP - 61 words
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Article69 1979-05-17 1 UPI MANILA, Wed. Arab hostility towards Israel erupted today into a mass Arab walkout at a UN economic meeting despite official appeals to keep politics out of the gathering. The Soviet Union, allies North Korea and Vietnam, and African Islamic countries joined the walkout after conference chairman PhilippineUPI - 69 words
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Article80 1979-05-17 1 Reuter JAKARTA, Wed. A two-day conference of 24 nations ended here tonight with agreement only "in principle" to establish a temporary processing centre on Indonesia's Galang Island near Singapore for Indochina refugees awaiting permanent resettlement elsewhere. The conference, the first such meeting discussing the chaotic exodus fromReuter - 80 words
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Article50 1979-05-17 1 UPI BEIRUT, Wed. Lebanese Prime Minister Selim EH Hoss and his Cabinet resigned today and President Elias Sarkis accepted the resignation, the state-owned Beirut Radio said. "I presented the resignation of my Cabinet and President Sarkis accepted it," Mr Hoss said after the weekly Cabinet meeting. UPIUPI - 50 words
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Article77 1979-05-17 1 UPI WASHINGTON, Wed. Industrial output in the United States plunged last month at the steepest rate in more than four years, the Federal Reserve Board said today, to offer the clearest signal yet that the economy has slowed down and could be headed for a recession laterUPI - 77 words
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Article48 1979-05-17 1 AP NEW YORK, Wed. Stock prices fell slightly this morning. The Dow Jones average of 30 industrials slipped 0.95 to 824.93 in the first half hour. Losers took a 6 to 5 lead over gainers in the early tally of New York Stock Exchange-listed issues. APAP - 48 words
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Chief Price Changes
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Article131 1979-05-17 1 Rises Most Active Ayer Hitam Tin 1250 50 UO B 292,000 Consplaat Wrt» 555 25 S Darby 285.000 Nat Iron Berjuatai Duff Dey 530 850 270 20 15 11 UOL H Par 267,000 263,000 S T P 1975 630 10 Total Turnover: 4.90m U A C U O B131 words
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Article, Illustration135 1979-05-17 1 Rises Most Active N Iron 540 +30 Consplant 323,000 Consplant Wrt 565 +25 S Darby 210,000 Kluang 410 20 Kulim 194,000 UAC 450 20 Treng Dev 174,000 A Hi tarn (t) Duff Minsec 1250 20 Total Turnover: 3.47m 276 326 16 16 Total Value: MJ9.57m S Trading 755135 words
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Article768 1979-05-17 1 WANG LOOK KEAH - ICAP BITES HARD By WANG LOOK KEAH SINGAPORE Airlines has recently been experiencing less than on its Australia-London service. The ill-effects of the Australian international civil aviation policy (leap) are beginning to tell on SIA as Australian and British travellers switch to the cheap768 words
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Article228 1979-05-17 1 TOP executives from Japan's Sumitomo Chemical Company, including Mr T Hijikata, its president, will be in Singapore early next month to attend a Petrochemical Corporation of Singapore (PCS) board meeting scheduled for June 8. The meeting, sources indicated, will finalise many important aspects of the228 words
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590 1979-05-17 1 FOO CHOY PENG - By FOO CHOY PENG SINGAPORE is prepared to offer tax and other forms of incentives to encourage all kinds of aircraft equipment servicing operators and parts manufacturers to set up shop here. Mr Gob Chok Tong, Minister for Trade and Industry, at the590 words
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Article99 1979-05-17 1 Reuter AN international rubber agreement is now in sight and should be completed at the next session in Geneva of the United Nations negotiating conference on natural rubber, its chairman Peter Lai said. Mr Lai, who is executive chairman of the International Tin Council, told UnctadReuter - 99 words
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275 1979-05-17 1 ABOUT six New Zealaad Minpuk* kave expressed laterest la »pp*i*tlig permaaeat representatives at the New Zealand trade ceatre la Blagapere. The reglsasl trade sfflee, the third U he set ap •stride New Zealaad, will he headed by Mr William Oaaeh.275 words
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373 1979-05-17 1 JOHN LIM - By JOHN LIM METRAWOOD, the furniture-making subsidiary of Intraco, has taken in new shareholders who are believed to be from Taiwan. With this move, the company has increased its paid-up capital to $2 million from $350,002. The announcement came in a letter from373 words
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Article79 1979-05-17 1 THE INTERNATIONAL gold price in Hongkong yesterday closed at a record U*****.40/80 an ounce on active local buying and two-way European business. Dealers said demand was prompted by the record average price of $254.92 and more than three-fold oversubscription seen at Tuesday's US Treasury sale of 750,00079 words
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Page 1 Advertisements
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Advertisement16 1979-05-17 1 PTvTvTTT/ j a A l', k'- k k 7 SEE BACK PAGE PIX SEE PAGE 316 words
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Advertisement82 1979-05-17 1 tmomas hobert Alrt4*S ONE STfp AMf AD the trained specialist.. ii 1 m-. A THOMAS ROBERT BROKER .".I'M j, •;H a r •f t( r > H. j i r i' > ir i' 'f■ •> fi- 1 4 i u!, i The comprehensive spectrum at our > ./>••/• t82 words
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Advertisement63 1979-05-17 1 QUUDS SHIPPING TIMES FAS-Orlent seta np leeirt plant. 2 NO-FUSS lnfermatlen gathering FOXBORO a sew scent 2 In Singapore..... 7 KL property market surging DBS Finance packages new car ahead..... j lean scheme 9 A COLONY sf Bell Reyee HARVEST Jay at Bats Kawan... II •wners I THE way ahead63 words
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Advertisement154 1979-05-17 1 Trust Sony far your video needs S Perfection I\ 6SsT'more than an ordinary all typewriter. The moment you insert a sheet of paper into the Hermes 808 electric ball typewriter, you know you're in the hands of a very special machine. There is no manual insertion and paper adjustment necessary.154 words
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TRADE AND INDUSTRY
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Article398 1979-05-17 2 FOO CHOY PENG - $6M EARMARKED By FOO CHOY PENG FAS-ORIENT will build another 2,300 sq m plant behind its existing building to facilitate production of precision machines. FASOrient is a $5 million joint venture between a local company Heli-Ori-ent and Bertea Corporation, a leading US manufacturer of precision398 words
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Article327 1979-05-17 2 THE VOCATIONAL and Industrial Training Board (VITB) will be launching a survey to find out if its electrical trade courses are adequate and relevant to the needs of the industry, its chairman, Dr Ahmad Mattar, indicated yesterday at the reconstitution of the Electrical TAC (Trade Advisory Committee).327 words
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Article183 1979-05-17 2 THE directors of the Pacific Area Travel Association (Pata) will hold one of their three annual meetings in Singapore, from July 31 to Aug 1. Two of the annual board meetings are traditionally held in San Francisco while the third is convened outside the183 words
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Article89 1979-05-17 2 THE University of Singapore is organising a regional seminar to discuss the role of universities in management education at the Regional Language Centre from May 23 to May 26. The opening address will be delivered by Dr Tony Tan, Senior Minister of State for Education. The89 words
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322 1979-05-17 2 A LOCAL subsidiary of Foxboro of America is looking at the possibility of expanding its scope of operations in Singapore in the near future. At present, Foxboro Far East imports mainly processed control instruments such as electrical digital components from the United States, Britain and322 words
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287 1979-05-17 2 THE development of technology involves not only investment of capital but also transfer of knowledge from the developed countries to the less developed countries (LDCs). This was emphasised by the Minister for Health, Dr Toh Chin Chye, in a speech at the Unesco conference on287 words
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Article149 1979-05-17 2 THE Plastics and Rubber Institute held its first AGM on May 15 at the Tanglin Club and the following members were elected office bearers: Mr F W Kam (chairman). Dr P Adams (honarary secretary and) Mr S P Low (honarary treasurer). The committee members are Ms149 words
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Article439 1979-05-17 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, srrc, srrc May 4-24: Industrial Relations, Holiday Inn, Personnel and Organisation Development May IE: Training preparation of welders for qualification tests,439 words
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Page 2 Advertisements
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Advertisement234 1979-05-17 2 istiow a lovely country likeSwitz B _5 i h looks to ma > A iSPI if V"X r (W Sfci •v Wym £X m P mW&.z m rc ••'•Vii m Hi y v. r-J^WW'^ T v-T,:# A i '-i iifa w&i \t*** u i#£r> <rrjl* jK J^tor .-L U* ":r234 words
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REGIONAL
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470 1979-05-17 3 AP SEVERAL European nations have adopted a wait-and-see attitude towards setting up new processing centres for refugees from Indochina. Two of these trans-ship-ment points have been proposed on islands offered by Indonesia and the Philippines at a two-day refugee conference in Jakarta. TheAP - 470 words
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Article229 1979-05-17 3 AFP CHINA has fears that the US Congress will reject trade terms included in the agreement signed this week between the two countries and has implicitly called on President Carter to intervene to settle the question. Observers said that the Chinese concern was disclosed inAFP - 229 words
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Article111 1979-05-17 3 AFP RUSSIA and Japan wound up on Tuesday two days of working-level talks which only brought their two Governments back on speaking terms. Russian Vice Foreign Minister for Asian Affairs Nikolai Firyuvin and Japanese Deputy Foreign Minister Masuo Takashima failed to patch up perennial differences, mainly overAFP - 111 words
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153 1979-05-17 3 AFP INVESTMENTS continue to poor into the Taiwanese electronics Industry, bringing the total namber of factories to over 1,311. According to the statistics provided by the Taiwan Electric Appliance Manufacturers' Association, a total of 111 new electronic factories were set ip between Dec If,AFP - 153 words
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Article147 1979-05-17 3 AFP THE Bank of Japan has warned that the country should closely watch the rising trend in commodity market and wholesale prices to prevent mounting inflationary pressures from undermining Japan's economic recovery. In its monthly report on the domestic economy and monetary reportAFP - 147 words
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Article74 1979-05-17 3 AFP A WAGE dispute strike by 2,000 workers of the electronics company Fairchild Semiconductor (Hongkong) ended yesterday morning after night-long negotiations. The workers had demanded a pay rise of HK$5 (552.50) a day and a five-and-a-half-day week but settled for $2.50 a day extra in addition toAFP - 74 words
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Article528 1979-05-17 3 AP CHINESE leaders are interested in industrial management techniques and some workers are getting cash incentives and face powder to increase production capitalist ideas that could profoundly alter their socialist system. But the incentives are small and not widespread and industrial reorganisation is only speculation,AP - 528 words
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Article211 1979-05-17 3 Reuter THE month-long Canton spring trade fair, which closed on Tuesday, recorded a 28 per cent increase in sales of Chinese products compared with last year's fair. The New China News Agency reported that the fair drew a record 25,000 businessmen from more than 100Reuter - 211 words
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111 1979-05-17 3 AFP TAIWAN ranks as the fifth major exporter of semiprocessed fruit products in the world, the Council for Agricultural Planning and Development said in Taipei. According to a trade survey, world transactions in semi-processed fruit products in 1976 totalled 660,000 tonnes. Major markets forAFP - 111 words
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584 1979-05-17 3 PROPERTY prices in Malaysia at the start of 1979 are in many cases well above those prevailing just a year ago. Property consultants C.H. Williams, Talhar and Wong expects this continuing rise in values to affect all sectors of the market from the smallest584 words
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107 1979-05-17 3 Reuter FILIPINO private joint venture projects with nationals of the four other member countries of Asean can now be funded by a leading Philippine development financing institution, a spokesman said yesterday. Stockholders of the Private Development Corporation of the Philippines on Tuesday amended theirReuter - 107 words
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Article63 1979-05-17 3 Reuter THE West German firm, Ferrostaal Engineering, has won an order worth nearly one billion marks (5J1.16 billion) to build a steel mill in Indonesia, it was announced yesterday. The firm's parent company, Gutehoffnungshuette (GHH), said the plant was due to be finished in 3' 2 years andReuter - 63 words
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Page 3 Advertisements
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Advertisement101 1979-05-17 3 Mercedes-Benz. Legendary' symbol of man's achievement of the finest automobile engineering design of today. More than any other name. Mercedes-Benz has been recognized worldwide as the leading force in developing more safety features, outstanding engineering ideas and dynamic new trends in automotive designs. Until the day when the world has101 words
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RAW MATERIALS
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Article211 1979-05-17 4 Reuter CHINA has been assured of an additional 30,000 tonnes of copper concentrate this year from two Philippine mining companies, a Board of Investment spokesman said. Sabena Mining can supply about 10,000 tonnes and Western Minolco some 20,000 tonnes, the two companies said in separateReuter - 211 words
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Article167 1979-05-17 4 AFP FRENCH sugar producers have published a "White Paper" setting forth their positions before the opening of Common Market talks to work out regulations for the years 1980-85. In the White Paper, the producers reply to "unfounded" attacks on the sugar sector of industry. TheyAFP - 167 words
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Article135 1979-05-17 4 AFP MALAYSIA is to buy 5,000 tons of "Burmese number one rice", the Minister of Public Enterprises, Mr Manan Othman said in Kuala Lumpur recently. The rice would arrive in Kuala Lumpur in two shipments in August and September. The Minister confirmed the purchase after meetingAFP - 135 words
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Article345 1979-05-17 4 PRICES generally moved sideways in very quiet and routine trading between local dealers on the Singapore produce market yesterday. For most commodities, buyers were quoting at lower levels with sellers not budging in compromise. This was particular true in the pepper sector where the wait-and-see attitude became pervasive345 words
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Article328 1979-05-17 4 SINGAPORE: Yesterdays closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.95. 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 0.52. Special 0.56.328 words
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Article137 1979-05-17 4 THE SUGAR futures market yesterday closed slightly firmer with gains of about 0.10 to 0.45 US cents, dealers said. Trading ontinued quiet and featureless with no trades done as on Tuesday. Sugar futures closing prices: July 8 30 30 ft. 00/04 Sept 8.54/58 8 43 46 Oct 8.71/15137 words
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Article198 1979-05-17 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (la HK dollar*, spot ex-godown) Cattaa yan: China Blue Phoenix 20a 2.335, 2.820 40s 3.065 (per bale of 400 lbs i Ptoee gsifc: China Butterfly and Globe brand unq. Dragon Head unq; Five Lamb* unq; Flower and Butterfly198 words
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Article316 1979-05-17 4 OPENING prices in Singapore yesterday were about unchanged but the market later gained some ground on continued June demand and speculative buying, coupled with trade and upcountry purchases, dealers said. Some profit-taking at the highs slightly trimmed the rise, they said. The morning session closed slightly higher with June316 words
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Article372 1979-05-17 4 R A-S prices In cent* per kUo yesterday: (per Ulo) Buyers Sellers Int. 1 R.S.S prompt f.o.b. 290 00 291 OON Int. 1 R.S.S. June 283.50 284.00 Int. 1 R.S.S. July 278 50 2T9.00 Int. 2 R.S.S. 274.50 277JON UK Coot 275.50 276JON Int 3 R-S.S. 273.50 274.50N372 words
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Article102 1979-05-17 4 NOON 3SR aad SMR pncm ■AS (Cw nl M(k) is: 77X50 270.50 raS Mtfe) SSR 20 SSR 50 MUU (1-laa paliKl Il ia paltetl Myers 27X50 770 JO 27SJON 272 SON in Mm 27SJ0N 272JON SMR CV SMR Si. SMR CP SMR 5 11-tOB p*Um) (lean palfet)102 words
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Article63 1979-05-17 4 THE STRAITS tla price ii Penang yesterday rsee Ms4t te $1,985 a pieal. The rise came la reaetfaa to Tuesday's sharp fall, with reduced tla are offerlags and can tinned strsag lecal aad Japanese baying demand aiding sentiment, dealers said. Tetal turnover fell te 171 teaaes tram S2t63 words
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Article30 1979-05-17 4 Rubber: May 16 Singapore: June: 284.00 cents (up 1.50 cents) Malaysia: June: 286.00 cents (up 1.50 eents) Tin: $1,985 (up $40) Official offering: 171 tonnes (down 149 tonnes)30 words
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Article112 1979-05-17 4 CHICAGO soybean futures closed IV4 to eight US cents a bushel higher on Tuesday, after moving into the plus column in late morning trade. Traders attributed the advance to local short-cover-ing. They said spreading was a main feature, with professionals outstanding buyers of November and sellers of July. Soybean112 words
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Article88 1979-05-17 4 WHEAT futures in Chicago on Tuesday closed 51* to 3 v« US cents a bushel lower. Traders said early commercial liquidation pushed prices lower and futures were never able to recover the drop. Adding to the decline were state crop summary reports and the 30 day weather forecast, both88 words
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Article673 1979-05-17 4 COFFEE: Trading in Robusta futures yesterday quietened after an active opening to close the morning session steady, little changed from opening levels and with losses of £14 to £22 per tonne. Turnover was 2,478 lots including two options and about 960 lots of cross trades. Long liquidation around673 words
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Article72 1979-05-17 4 C.I T. North European ports, In US dollars per ton unless otherwise stated LONDON: Malaysian 5H(fa bulk per tonne TMS Prt vtau July 8S7slr WMr Sumatra 5* ffa bulk May 68Spd 682 1 sir June 672 .pd 674/671 'ipd July 665pd 667 sir August unch 657'ipd September 656pd72 words
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ASIAN STOCKS
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Article555 1979-05-17 4 Tokyo Source: DBS-Daiwa THE NIKKEI Dow-Jones average recorded an all-time high again. Resources-related issues and some incentive-backed issues rebounded again on heavy buying by short-term traders. Turnover decreased with an estimated 350 million shares changing hands, compared with 485 million shares yesterday, since large-capita-lised stocks wereSource: DBS-Daiwa - 555 words
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Article218 1979-05-17 4 MAY M CenU INDUSTRIALS A C I 10 unch AMI I1U A. P. U. 131 1 Ampoi yet. as unch B. H. P Mt unch Bulk NSW ISO •4 Bora! 211 2 BrunMti ITS C. B A 2SA8 c. a r wi -i Cnl Allied 9*4 unch rtamkrtp m218 words
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Article99 1979-05-17 4 MAT M Pmo* Acoje Minlni nttmm 4MM AUai Con A AUu Con a tXM uaeh Bafuio OoM .0106 •>0 0006 BnwHt Coo. B BP Goodrich as .is -0 75 cnr» H BJO rich unch Leptnlo B. I H 21 SO 0006 MtrUMuqut 10 00 0.4 Mtralco 22 30 4.199 words
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Article221 1979-05-17 4 MAY M BaftU Asia Credit 230 16 Aiii fibre 172 Ayuthaya In*. And Trust ISO 12 Bangkok Investment 260 uncft Bangkok Bank Bangkok Drying And Silo Bangkok Insurance "H Bangkok Metropolitan Ban 962 12 Bangkok Nylon Bank Of Asia Z 190 ♦2 Bank Of Ajrudhaya Bala #77 uncft Bertl221 words
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Article321 1979-05-17 4 Source: SHK Sec Ltd THE market edged up again yesterday in light turnover, to the 550 level but failed to break out as short-term profittaking trimmed the advance. Some European buying was noted but was not generally thought to be large enough to cause excitement. Hang Seng index 550.27Source: SHK Sec Ltd - 321 words
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Article69 1979-05-17 4 FINANCIAL TIMES INDUSTRIALS Tuesday 908.4 Monday S2S.4 Week Ago 549.1 DOW JONES AVERAGE INDUSTRIALS Tuesday USA Monday 825 02 Week ago 834 89 LONDON DOLLAR PREMIUM Tuesday 53 to 53". Monday S3 1 to S3 W H.K.HANG 8KNG Wednesday 860n Tuesday M7.M Week ago 5&S B4 SYDNEY INDUSTRIALS69 words
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Page 4 Advertisements
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Advertisement865 1979-05-17 4 FIRST CHICAGO CORPORATION fe Head Office: The First National Bank of Chicago (Incorporatad «*h LimtM] LaMtty in ttw USA) One First National Plaza Chicago. Illinois *****, USA Singapore Branch: 150 Cecil Street Singapore 1 Tel: *****33 Subakflaries of Firet Chicago Coq>ora6on The First National Bank of Chicago AFSA Data Corporation865 words
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OVERSEAS
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254 1979-05-17 5 AP US Senator Joseph Biden, Democrat-Delaware, said on Tuesday he received reports the Carter administration is considering creating a 100,000-man mobile military force to help protect US interests overseas, including the Persian Gulf. A State Department witness declined to confirm the reports but said,AP - 254 words
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160 1979-05-17 5 Reuter A NEW bank will be launched in revolutionary Iran today, and its main aim will not be to make a profit, but to help low income Iranians and put the economy on a sound footing. Some 800,000 shares of 1,000 rials (aboutReuter - 160 words
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Article110 1979-05-17 5 AFP PIRATE records and cassettes cost the legitimate industry worldwide some US$l.l7 billion (5J2.5 billion) a year in lost trade, the industry affirmed in Zurich yesterday. A Swiss representative of the International Federation of Phonogram and videogram Industries (Ifpi) said that the United States alone accounted for $300AFP - 110 words
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Article784 1979-05-17 5 ARRIVALS Service Local Operator Number Time From CPA CX710 1005 HLP GIA GA980 1030 HLP LAS MH606 1045 KUL SIA SQI03 1045 KUL SLA SQ211 1045 HLP GIA GA944 1065 PKU GIA GA908 1100 MES PAL PR301 1135 MNL SIA SQ63 1155 MNL GIA GA982 1200 HLP784 words
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297 1979-05-17 5 AFP FRENCH President Valery Giscard d'Estaing yesterday launched a major appeal for unity in Europe, at the same time charging that Britain had lost out by trying to curb European construction. "Its revenue 20 years ago was equal to ours, today it isAFP - 297 words
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512 1979-05-17 5 NYT AMERICAN consumers will be troubled by high energy prices and petrol shortages for at least another 20 years, says Exxon chairman Clifton Garvin Jr. He also said any American energy reservoir ought to include solar power and nuclear energy "with proper safeguards"NYT - 512 words
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Article231 1979-05-17 5 PRESIDENT Carter warned Americans that panic buying of petrol is a cancer that could destroy the United States. The President mentioned the bizarre situation in California, where motorists were queuing for long periods, often merely to top up their tanks with a few litres. "Our country is231 words
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WORLD IN BRIEF
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Article572 1979-05-17 5 Agencies PRESIDENT Carter said on Tuesday the overthrow of Idi Amin "heralds a brighter day" for the whole world and ordered an end to the US ban on trade with Uganda. United States had banned trade with Uganda because of the human rights abuses perpetrated duringAgencies - 572 words
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Page 5 Advertisements
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Advertisement154 1979-05-17 5 SBBO.OOO for a 1936 Mercedes-Benz! A world record. It's a lot of money for a car. But then the Mercedes-Benz 500K is a very special kind of car. In fact, there are only four units of its kind in the whole world today. The new 1979 Mercedes-Benz doesn't cost so154 words
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399 1979-05-17 6 AN INTEGRATED electronics industry in Singapore is something that industrial planners here have been dreaming about for a long time. There is no doubt that success will result in greater savings in foreign exchange, more employment and cheaper components and endproducts all399 words
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Article268 1979-05-17 6 SINGAPORE'S car owners have proved themselves to be a particularly resilient breed. More expensive cars, Additional Registration Fees (ARF), higher fuel costs, traffic jams and increasingly costly parking fees have all done little to deter the aspiring car owner. As finance companies have pointed268 words
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Article, Illustration881 1979-05-17 6 PAUL LEWIS - Under the new plan, Japan must import more instead of cheapening its exports further. West German industry, on the other hand, must learn to be more dependent on its home market and export less. The United States, trying hard to iron out its balance ofNYT - 881 words
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536 1979-05-17 6 Reuter HONGKONG, where millionaires are almost as thick on the ground as traffic jams, boasts more Rolls Royces per kilometre of road than anywhere else in the world. There are just 4.5 metres of road space for every car in overcrowded Hongkong.Reuter - 536 words
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Page 6 Advertisements
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Advertisement110 1979-05-17 6 w. N ftT\ vrv H s THE MALAYAN TRILOGY This famous trilogy wittily dissects the racial and social prejudices of post-war Malay during the chaotic upheaval of Independence. Through a succession of splendidly colourful characters, Anthony Burgess delineates the conflict and confusion arising from the almost enforced mingling of cultures.110 words
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Page 6 Miscellaneous
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Miscellaneous1397 1979-05-17 6 Early evening washout THE EVENING to h*petaas sp Oil lt.Mpm, wbea RMi takes the screea. Martla's aH—pto to wta Ma back raa lato a saag la thto fjtoiit, when aa Intimate ibmt he has ptoaaed to spelled hy a leaded hen d'eeavre. A fails to Impress her, beeaaee he swsltows1,397 words
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Article, Illustration1038 1979-05-17 7 QUEK PECK LIM - By QUEK PECK LIM IN BRITAIN, the issue of identity cards is held up because the British consider it an invasion of privacy. In America, information gathering through computers have thrown up so complete a profile of the average American that citizens have begun to1,038 words
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Article, Illustration1261 1979-05-17 7 DAVID SHIPLER - By DAVID SHIPLER NYT AFTER 34 years of communist rule, much of Eastern Europe wears the Soviet brand of MarxismLeninism like an ill-fitting mask, covering a broad distaste for the Soviet system. Uncomfortable with the {ideology and contemptuous life, many East Europeans find themselves caught betweenNYT - 1,261 words
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Article, Illustration822 1979-05-17 7 Russell Baker - FORUM, by Russell Baker NYT WHEN Mr Nikita Khrushchev visited the United States in 1959, President Eisenhower sent him on a helicopter tour of Washington and suburbs during the rush hour. Mr Khrushchev came back appalled by the spectacle of machineryNYT - 822 words
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Page 7 Advertisements
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Advertisement104 1979-05-17 7 Draw a crowd to a sale or sail a drawing of a sale. Leisure Times is right on target For as little as $15, you can sell a house, fetch a good price for an antique or talk about that cozy Italian restaurant you have just opened in Leisure Times.104 words
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Page 7 Miscellaneous
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Miscellaneous36 1979-05-17 7 RriStcW.-FraoJt Dickens st?^G€. I&FT T\A£_ RNmaRLS TUO BV Tu>o. umr "The devil, do you vfou'iae Plavino AT, STOP gnashing 1 TVHS IS 'MQfNH PtJD Tne Aft? ORu)S! v t-m a. ewTie* STPkGe Right or thc Deep >36 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article275 1979-05-17 8 MAY IS Frs CORBEILLE Alr-Uqulde 300 -8 B S N Gervals Danone 330 -10 C S F < ThomsonC»f) 375.80 •1J Cte Franealse des Petroies 1«. 90 -5S Compagnle Financier* Compogme Gene rale 371 JO -6.5 Credit Foncler De France 442 -3 Hachette (Llbralrle) 230 -3 Machines Bull 56.80275 words
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Article205 1979-05-17 8 MAY 15 Dm Aef-Telefunken 49 50 0.1 A»r«ft 28.80 0.4 Alii Leben 886.00 unch All* Vert 440.00 unch BASF 138.106 Bay H T Wbank 250 JOB Bay Vbank *****B >2 Bayer 138 80 0.1 BBC y 04 BMW 223JOB Cassella 372.00 .2 Chem Verw ***** Commerxbank 188.00B Conll Oummi205 words
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Article104 1979-05-17 8 MAY 15 Lire 30 .1 assoc uen Butofl Central* <1800 300 744 16 4650 4-74 Plat F insider i 2725 unch 2* Gen Immob 8X50 IF1 Pri 2270 +70 a S ***** 405 II 1 I—■ 745 unch Italskler 3B1 -2 Magneti M Pf Mare 111 Ere MedkX) 500.50104 words
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Article189 1979-05-17 8 MAY 14 Fli ABN 351 oo -13 Ahold 09.10 -1.1 Akzo 31.00 0.4 AMEV 101 JO -1.8 Amfaj 116.80 -1.2 Am rot Bank 72.40 -03 Bfrgou 58.20 -03 Berk 88 00 Bols 87 30 -13 Borsumij 182.50 -0.6 Burhmann 66 00 -03 Byenkorf 7830 0.1 Calve Delft 182.80 unch189 words
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Article89 1979-05-17 8 MAY 1$ rn FORWARD MARKET Acec Arbed Aslur Brurin Bru-Luib Cmnpac Cock De Been Etei Eleclrobel Ob-Inno-Bm Oe* Hobok Petro Rjrl Dutch Stdro Soc Gen B*lf Softna Solvmy A Tanks U Mln V Mont 448 aao 630 602 1700 736 MO MO 2156 6600 2700 3006 4300 2110 07289 words
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Article192 1979-05-17 8 MAY 15 Francs Actions SuUsrs 306 1 Alusulsse Br 1325 -16 AluwiUt Reg. 618 2 Brown Boverl Br. 1840 10 Clba Oelfy Br 1326 6 CI Da Oelt* P C 1050 -IS Clt* Oeltjr Ref 731 -1 Credit Sum* Br 21*0 6 Credit Suiuf Ret 422 2 Drttrtmtt Br.192 words
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1303 1979-05-17 8 NEW YORK WALL STREET prices edged higher in moderate trading on Tuesday as bargain hunters picked among issues depressed by the steep slide of the past two weeks. Issues affected by corporate news or reacting to the energy situation posted larger price changes. The1,303 words
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Article233 1979-05-17 8 MAY IS CI Abitibt 174 unch A lean 39 4 Alfoma 204 unch Bank Mont 22 V, -4 Bank Nova Scoua 22 unch Bell Tel 22** 4 Beth Corp BP Can Ltd HI 22 Si -4 Braican 22V. unch Camp Red Lake 21V. 4 Can Imp Bk 26H> unch233 words
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Article317 1979-05-17 8 MAY IS Rand INDUSTRIALS A Alpha 110 4-3 Atwrrnm 290 •3 AE And CI 456 5 A MIC 1900 unch Cf Sugar HZ 906B 25 mi 270 unch Currle Finance 102 2 De Beers Ind 1575 Edcon 375 unch Edgars 4450 -100 Eve ready Fed Volk 225 5 Fuflt317 words
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Page 8 Advertisements
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Advertisement162 1979-05-17 8 Where to wine, dine and entertain The American Express Card serves you wherever they serv* great food 3 Welcome <? fit H Take a new look at the Harbour Grill. Trest yourself and your business associates to an excellent lunch selected from our superb offering of choice OS prime beef,162 words
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Advertisement134 1979-05-17 8 r V: V p acXage Cost (2 dart ft 1 f*gN) T«*nOceuptnc> SftiKJOO Trip*# OccuOVK? Stl4loo Nny Same* to Sotiom t F*« ndn trxrl wnd on SOCBuaw $l>e corned at 8.15 pm cticrtj Xfyurodat) at ttfc iaUe. t. ri Oc. p 4us In the best European tradition of old, our134 words
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Advertisement208 1979-05-17 8 For sushi. For teppanyaki. For other authentically Japanese delights. For reservations call *****7 JJk x <y Vnlun l*iirk SlH'nilon -A 'ON HOTg L s. tNNS WOR. D'A OF L < y I II s i a \< ;i ii x >\ sii )i ;b< > \ki > I\( m ir208 words
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Advertisement141 1979-05-17 8 "In the Georgian Vftne cf the Cocfepit a mlendid Bsriod restaurant Tflering the choicest tare in the true British tradition where good tasae triumphs from Beef Vfellington BtOerfty RUet and a wide choice of traditional dishes 10 dining in a kixurious period atmosphere Vfah service friend and foe praise us141 words
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BANKING AND FINANCE
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596 1979-05-17 9 Reuter THE BUNDESBANK bought around 54 million Deutschemarks of public authority bonds on West German bourses on Tuesday in a bid to prop up the domestic bond market, as prices slumped by up to one mark on a new injection of promissory notes andReuter - 596 words
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459 1979-05-17 9 Reuter THE latest cut in monthly IMF gold offerings will give a psychological boost to the market and produce a further, though marginal, strengthening in the gold price, South African mining house sources said. The amount involved has already been discounted, but comingReuter - 459 words
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MONEY AND EXCHANGES
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Article445 1979-05-17 9 THE US dollar did not see much movement against major currencies on the foreign exchange market yesterday. But in the yen counter, trading was erratic with the dollar moving up and down in late afternoon. Against the Japanese currency, the US dollar opened at 212.25/35 and shot up445 words
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Article163 1979-05-17 9 THE US dollar yesterday finned against the yen in line with Tokyo in late trading but was little changed from New York's overnight levels against other units, dealers said. It rose to 214.50/70 yen from New York's 214.00/10 close but was down from the day's highs of around 215.00/10163 words
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Article42 1979-05-17 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $30 million 91-day Treasury bills to be issued from May 21 to 24. Each tender must not be for less than $250,000.42 words
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Article178 1979-05-17 9 Asian rates ASIAN currency deposit interbank rates as at close on May 16: 7 days 1 months 2 months 3 months 6 months 9 months 12 months V8 MUn(SM) Offer M 10>. 10 9 9'. 10>. 10'• 10H 10 i 11 10"» 11 10» 11 10 r 1 month 3178 words
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Article21 1979-05-17 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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Article63 1979-05-17 9 QUOTES on the Australia and New Zealand exchanges on May 16: AUSTRALIA: US doDar 1.1125/1.1077 Sterling 0.5412 /0.5350 Ninety-day airmail buying rates: Sterling 15(19 US dollar 1.13 M Ninety-day forward buying rates: Sterling 0 5451 US dollar I.UTO NEW ZEALAND: Reserve Bank midrate U5H.0479 Trading Bank indications Sterling O.5aM/9JOM63 words
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Article395 1979-05-17 9 SINGAPORE gold futures yesterday closed sharply higher compared with Tuesday night's close in moderately active trading, dealers said. Opening quotations were marked up between USS2 to 12.50 reflecting firmer overseas gold prices and the market thereafter held steady during the morning's trading. Prices rose further in the afternoon on395 words
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Article116 1979-05-17 9 THE DOLLAR and sterling yesterday opened firm against major currencies on overnight levels while the yen opened weak, dealers said. Sterling opened at U5J2.0650/55 from an overnight 2.0625/35. Its effective index opened at 67.0, which was 0.3 higher than Tuesday night's level. Later, the pound weakened to $2.0620/ 27.116 words
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Article110 1979-05-17 9 THE DOLLAR for overnight delivery yesterday closed sharply firmer at 214.90 yen, compared with a 214.30 opening and 212.65 at Tuesday's close, after small central bank yen-support intervention. i The Bank of Japan sold an estimated total of US$5O million at around 215.00 yen in both morning and afternoon110 words
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190 1979-05-17 9 Reuter THE Budeiksik, pledged to Mdiig the monetary reins tight this year, faces a contiaied dilemma at today's central caancil meeting ever the acate shortage af liquidity In the German hanking system, economists said. They neted that inflatlan statistics are painting remorselessly towards theReuter - 190 words
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Article572 1979-05-17 9 COLIN CHEE - By COLIN CHEE BOUYANT car sales since the end of 1977 have led to a recovery of finance companies' motor vehicle hire purchase business. In the past year, the business has been growing at a monthly average of $4 million, with a massive |8 millioif572 words
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220 1979-05-17 9 THE US Treasury's monthly gold auction results on Tuesday mirrored soaring prices on European exchanges. The Treasury sold 750,000 ounces of gold at its auction to six successful bidders at an average record price of U*****.92 an ounce nearly 11 per cent higher220 words
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458 1979-05-17 9 Agencies AMERICAN dollar bonds closed steady to marginally higher in quiet trading, dealers said. Trading was mainly professional with shortcovering operations cited as the reason for slightly firmer conditions. Institutional investors were inclined to small selling. Floating rates issues generally held steady while Deutschemark straightAgencies - 458 words
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221 1979-05-17 9 Reuter PARTICIPANTS at a meeting in Paris agreed to propose an extension of the general arrangements to borrow (GAB) in their present form for a further five years, beyond the scheduled expiry date of october 1980, Bundesbank vice president Karl-Otto Poehl said. The proposedReuter - 221 words
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Article206 1979-05-17 9 Reuter THE Bank of France bought first catergory paper at 7V4 per cent, up from the 6V« per cent purchase rate prevalent since March 20. Disclosing this, money market dealers said they were unable to specify the amount but estimated it to be between two andReuter - 206 words
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173 1979-05-17 9 Reuter INTERNATIONAL guidelines on officially supported export credits are not broad or tough enough, said the US Exim Bank president, John Moore. Information exchange under the rules agreed by 22 industrialised nations lasy year is not good enough, he said in remarks prepared forReuter - 173 words
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Article85 1979-05-17 9 THE volume of US dollar negotiable order of withdrawal "Now" accounts in New York state quadrupled in the quarter ended March 30 to US$l.33 billion, the Federal Reserve Bank of New York said. The number of institutions offering "Now" accounts rose to 216 from 97 at the85 words
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316 1979-05-17 9 AFP CHINA'S apparent reassessment at its modernisation priorities makes it more difficult to guage the acceptable upper limit of its foreign debts, German banker Hans Wuttke said in Hongkong on Tuesday. Dr Wutte did not want to speculate on the ceiling on which ChinaAFP - 316 words
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Page 9 Advertisements
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Advertisement229 1979-05-17 9 THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE, SINGAPORE. 26-30 MAY 1980. Every year, thousands of new rubber and plastic products enter the market Whether for use in industry or the home, every product reflects some new development in engineering or marketing expertise If you're involved229 words
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DEALS DONE ON THE SES AND KLSE
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Article1539 1979-05-17 10 ,BID and offer prices officially ►.listed and business in and to the Stock Exchange .-of Singapore yesterday with the number of shares traded shown in brackets In lots of. 1,000 units unless otherwise specified. All Time Settlement Contracts *-are quoted after the word "sett". Big Board deal (In1,539 words
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Article144 1979-05-17 10 4 1/2* 1/8/80 (250,000) (99M8 *****) 4 3/4% 1 ft/9/80 (250,000) (99M8 99 708) 5 a/4% 1/8/78-80 (250.000) (IM7SB 100.908) 6 1/2% 1/ft/79-80 (250.000) (100 MB 1MM8) ft 1/4% 1/3/81 (250,000) (100.058 100.15S) 5% 16/4/81 (250M0) (99M8 M 668) T F 1/ft/83 (250.000) (*****8 100.206) 7% 1 ft/4/86144 words
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Article95 1979-05-17 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 Dumber of options traded shown In brackets. C C (June 12.60) (0 468 0.545). Haw Par (June 1140) (0 2LB O.2SS).95 words
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Article161 1979-05-17 10 SINGAPORE UNIT TRUST IN60MK BOND UNIT (Managers' prtea i Mr May M) (Carres* p rtoM) The Commerce 2.17 rated Income Bond 1.10 1.1C The Saving Fund 1.30 1.47 S pore Pros Fund in i.07 S pore Sec. Fund 1J7 1.98 S pore Invest Fund 1-35 141 S'pore Equity161 words
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Article2691 1979-05-17 10 Gr'» Gr>* Net 1979 Last Div Div Y*W 1 P/E Vol Dav High Low Company Sale or- CV r <*000) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 255cd 8 12.0N 13 4.7 27.7 S 255 248 190* 123* Alcom 182cd 10.0 2.2 5.4 243 1422,691 words
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Article1686 1979-05-17 10 I BID sod after prices officially listed and fraintss to aad reported to the Kuala Lumpur Stock Ezchaage ymI terday with the number of shares traded shown la brackets In tola of 1.000 units unleas otherwise sped Bed INDURMIAIA AcMa (2.568) cd AEaaMste <2.568 1006) xall Aim1,686 words
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Article, Illustration707 1979-05-17 10 SHAKE prices held (no steady to Ann mot at the way la qiiet aai selective tradiag m the Stock Exehaage af Stogapere yesterday. The patten af tradiag WM alBMt aim! tar to that sf the prevtou day, aitbeagh there was a slight iacrease707 words
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Article549 1979-05-17 10 FAIRLY-WELL sustained buying interest on the Kuala Lumpur stock market yesterday led prices to a steadier close. After two days of essentially mixed conditions when dealers looked around for leads, prices began moving upwards from the opening bell across a wide front. Closing levels of a549 words
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COMPANY NEWS
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Article204 1979-05-17 11 TRUE to the directors' optimistic forecast of a significant profif improvement for 1978, Perak-based Taiping Textiles achieved a record profit of M|4.61 million last year against $1.93 million previously. The 139 per cent rise in tax-exempt profit was made on the back of an increase in gross204 words
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Article596 1979-05-17 11 A BOOST in oil palm production after last year's severe drought plus higher commodity prices and investment income lifted group earnings at Batu Kawan by a creditable 77 per cent to M 510.92 million pre-tax for the half year to end-February, 1979. The profit growth this596 words
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Article745 1979-05-17 11 Current Payment Ex Date Books Close Date Total for Total for Payable the year Previous year GE Life Rahman Hyd St Steamship PM Hldgs Ajinomoto Bata <M> Duolop Eat 1 C B Sel Prop OC BC E«»o Ord Intraco Dunlop Industries Apollo Tractors Ambassador Carta berg High Low745 words
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Article203 1979-05-17 11 Company Particular* Ez Date Books Close HK Land Toshiba Rosy Apollo OC BC Bovis SEA UUl Plaat OUB Oriental Hid*. Mai Flour Olympia Bonus Issue of I for 10 Rights Issue of 3 for 2 <p $150 per share Bonus Issue of 2 for 5 Rights Issue of203 words
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Article872 1979-05-17 11 WITH its recent one-point cut in interest rate to 9 per cent on its housing loans, and the effective lowering of its funding costs, Malaysia Building Society Berhad(MßS) is now confident of "holding its own" in the quest for continued growth and profitability. The lending872 words
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Article, Illustration351 1979-05-17 11 SINGAPORE Land has turned in a 78 per cent increase in pre-tax profit to 12.60 million for the half-year ended Feb 28.1979. This was brought about largely by a 31 per cent rise in the net rental income to $4.49 million. At the same351 words
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Article397 1979-05-17 11 mm™ HOCK LOCK SIEW A BULL market bailt ea straag cerperate perfsrmsaers sftea dtapteys straag rasilieace to adverse dsmestic er (ereiga eeeasarie aad psitlsal eveata. GHvea the ether bask (aadameatal iagredtoato, sack a market will resame Its apward esarse whea the external tafiaeaees are dtoeeaatod aad pat eatHOCK LOCK SIEW - 397 words
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53 1979-05-17 11 an- nounced that Mr Baey Lian Peck had on April 23 revoked the appointment of Mr Baey Lian Cboo as his alternate on the Board. Mr H T Oei had on April 10 resumed as a director and Mr Han Bing Siang has ceased to53 words
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77 1979-05-17 11 on the sale of a ship by its subsidiary. International Carriers Pte Ltd. The Exchange wants to know the basis on which the cash consideration of $609,000 for the ship, known as Sea Enterprise, was arrived at and whether there is a loss77 words
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Article36 1979-05-17 11 an- nounced that, at an EOGM held on May 7, the relevant authorities had approved the sale of Malaysia United Paper Products Sdn Bhd's land for a total consideration of M 52.97 million.36 words
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Article116 1979-05-17 11 Audited group 1978 net attributable profit M 58.64 million ($7.23 million). Output of tin concentrates was 39,824 piculs (37,153). Average net tin price received $929 per picul (835). The company which earlier paid an interim dividend of 25 cents gross (30), said it would not be116 words
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Article99 1979-05-17 11 ational and convention facilities coming on stream this year should help cur- New recre- rent year results to exceed those for 1978, Gen ting Bhd chairman Haji Ibrahim Mohamed said. Consolidated net profit rose to $22.09 million last year from 17.70 million, the company reported earlier, while consolidated99 words
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Page 11 Advertisements
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Advertisement376 1979-05-17 11 (NEW) From BOOKS ABOUT ASIA The Asia Pacific region has always been a focus of world attention, but at the same time, there is a great deal of ignorance about the region as a whole, primarily because of the cultural, political, historical and other differences that exist amongst its member376 words
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283 1979-05-17 12 MANUFACTURERS of electrical and electronic goods far export to developed countries mmt keep in tench with International standards nnd specifications nnd the oilgins of these standards and specifications. The chairman «t Sisir, Dr Lee Knm Tatt, said that this holds true not283 words
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Article793 1979-05-17 12 Our Reporter - By Our Reporter NEW INVESTMENT commitments in the electrical and electronic industries in Singapore exceeded $280 million last year. The committed projects are likely to be implemented this year and in 1960. Revealing this yesterday, the Political Secretary (Science and Technology) Lim Chee Onn said that793 words
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Article, Illustration70 1979-05-17 12 Queen Elizabeth of Britain, with Prince Phillip at her side, reading the speech from the Throne to open a new session of Parliament on Tuesday. The speech, written for her by Prime Minister Margaret Thatcher's new Conservative Government, announced a tough Tory programme, including less public spending,Source: UPI picture - 70 words
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Article845 1979-05-17 12 LONDON, Wed. Share prices closed firmer in quiet trading today following the announcement of the government's programme, dealers said. Leading industrials showed gains of between 2p to 6p, while government bonds gained up to 3/4 point. UP closed 12p up at l.llOp. At 3 p.m., the Financial Times845 words
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Article228 1979-05-17 12 Reuter AFP JAPAN had a customs clearance trade deficit of U*****.06 million in April, after a downward revised surplus of $961.37 million in March and a surplus of $160 billion in April last year. The Japanese Finance Ministry said free-on-board (F. 0.8.) exports inReuter; AFP - 228 words
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Article150 1979-05-17 12 ASSISTANT US Secretary of Commerce Frank Weil said yesterday he estimated the US trade deficit with Japan for 1979 would be somewhere between USJ7 billion (5515.4 billion) and $9 billion. The trade deficit for 1978 of $12 billion was a record. But Mr Weil added that150 words
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Article404 1979-05-17 12 Reuter UPI THE Organisation of Petroleum Exporting Countries (Opec) is studying a new method of setting oil prices to take account of imported inflation and the variation of exchange I'ates, the Venezuelan Mines Ministry said. The Ministry said in a report that VenezuelaReuter; UPI - 404 words
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Article, Illustration397 1979-05-17 12 THE Asean" Transport and Communications Committee's meeting in Kuala Lumpur next month will finalise the report of its recent talks with Australia over Asean's participation in Canberra's cheap air fares scheme to Britain and Europe. The report, to be prepared by committee chairmanSource: UPI picture - 397 words
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Article181 1979-05-17 12 AFP FILLING stations in California have been ordered by Governor Jerry Brown to stay open on Saturdays or Sundays, as scenes of violence continue. The Governor said he was trying to stave off a repetition of the "panic" last weekend when most filling stations closedAFP - 181 words
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Page 12 Advertisements
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Advertisement56 1979-05-17 12 Lthot writes »y? a-* ?s 5 v < S** V w 7 M *r v -c-. f, 'Y'v v '-'f -v f V -.4 -4 ;v j tp% <f <r '»■> -> iff MONT BLANC MADE IN GERMANY m Sole Agents for Singapore, Malaysia Indonesia. WILLIAM JOHN (PTE) LTD. 456 words
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Page 12 Miscellaneous
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Miscellaneous59 1979-05-17 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 21 hun prtor to 7J9 p.m. m May 11 at toe airport. Maximum temperature 33.2 Associated humidity 66 Minimum temperature 97 Associated humidity 97 Hours of sunshine 9.25 Rainfall in millimetres Nil Total rainfall for the59 words
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SHIPPING TIMES
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PORTSIDES
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Article98 1979-05-17 13 Reuter PERTAMINA, Indonesia's state-run oil corporation, has ordered two 17,000 long-ton petroleum product carriers worth about 2.2 billion yen each from Hitachi Shipbuilding and Engineering Co for delivery in February and June 1960, Hitachi said. The deal was switched over from a Korean shipyard, Three StarsReuter - 98 words
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Article74 1979-05-17 13 Reuter ITALIMPIANTI SPA, a subsidiary of the state IRI group, said it obtained a US$lOO million (Ss22o million) Turnkey contract to carry out the first phase of a port and industrial complex at Sepetiba near Rio De Janeiro in Brazil. The contract is with the Brazilian firm _Q)mpanhiaReuter - 74 words
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Article116 1979-05-17 13 Reuter CONGESTION at the port of Bangkok is getting worse with ships having to wait from five to seven days for a berth, shipping sources said. Public holidays during the last few weeks are to be blamed for the deteriorating situation, while also contributing, is the factReuter - 116 words
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Article549 1979-05-17 13 GOH ENG KEE - BY GOH ENG KEE THE CURRENT growing interest in the new building market for tankers in the 30,000 to 80,000 deadweight tons (dwt) range seems to be whizzing past the reach of Singapore shipbuilders. Several shipyards in Singapore including Jurong Shipyard with both the capacity and expertise549 words
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129 1979-05-17 13 THE Mi lateraatloasl Symposlam m The Traaapert of Dugcnu Om* ky 8m aid lalaai Waterway* will be hell la Tokyo, Japu from next Oct IS to 17. Ike lymp—to be beU to AMa tor the Ural time, will pnvMe a evalaattoa ef the actoattfle aai turtoiral129 words
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Article, Illustration283 1979-05-17 13 THE NORWEGIAN firm A/S MoUerodden has produced, an aquacopter, called "Checkmate". This cable-fed underwater vehicle, designed for two persons in a chamber at atmospheric pressure, is certified for operations down to 300 metres. The spherical chamber, 1.9 metres in diamater, is made of glass-clear acrylic plastic, providing283 words
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Article204 1979-05-17 13 UPI PERIOD operations remained to the forefront of otherwise rather scant chartering due to prospects of a continuing rise of freight costs. Thus, several reports came to light of bookings for periods of up to 12 months. Dreyfus were well represented with at least two bookings attributed toUPI - 204 words
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2702 1979-05-17 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 of2,702 words
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Article487 1979-05-17 17 Sbipplag Um P»g* Cai ACS n 5 Afea IV 3 Alpac IV 5 Angkutan IV 4 ANL i I APL m 2 Armada V 3 Arya Nat n 5 ASCL m 5 Aust.Cont IV 5 Bank n S Batam V 1 BBS n 2 Ben Asia m 3 Ben/EAC487 words
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Article1033 1979-05-17 18 RECEIVING OF EXPORT FCL CONTAINERS 1 AND LCL CARGO AT CONTAINER TERMINAL IB. (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 during1,033 words
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Article911 1979-05-17 18 FAR EAST FREIGHT REGIONALLY, nhipments are stronger although there is an imbalance on some return voyages. Freight rates should be steady during the third quarter of the year. Shippers are demanding better attention and services. Recently some trampers were denied cargo because the BUI of lading911 words
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Article, Illustration818 1979-05-17 18 CHINESE Maritime Transport, one of the major shipping companies in Taiwan and representing the National Shipping Line in the Far Eastern Freight Conference, contributes a big new container vessel this month to the Far EastEurope route. The new vessel is the China Container, the largest818 words
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244 1979-05-17 18 AMERICAN President Lines (APL) has purchased three C-8 type cootainerships as part of the company's major expansion of its Pacific Basin operations. Purchased for US$4O million (S|BB million) the three containerships the Golden Bear, Japan Bear and Thomas E. Cuffe are scheduled to enter244 words
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Article, Illustration436 1979-05-17 18 EXPECTED ARRIVAU9 tfODAY KEPPEL WHARVES Baltic Freezer (after Golden Eastern) 40/41 Fortune Victory (0630 after Palm Sea Horse) 15/16 IBN Shuhaid (after Tema) 47 London Grenadier (1030 tide after Dong Nam St Kim Ann sails) 25/26 Manoloeverett (after Bunga Raya D/L) 33/34 Nedlloyd Florida (after Nedlloyd Sinoutskerk)436 words
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Page 13 Advertisements
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Advertisement277 1979-05-17 13 TANK CLEANING Whether you are sending it to the DOCKYARD for repairs the SCRAPYARD for scrapping or making a CONVERSION consult: PIRAEUS MARINE SINGAPORE PTE LTD I \R I) 1\ I W I \H •4 FUIT com QfWaNKIM M Wise* cX Bremertuncn aftei Hamburg *dOSMG TMES (S'POK) Fa 18/5 0600277 words
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Advertisement278 1979-05-17 13 HI SEALORD UJ Mil ANTAH H as. UASC UNITED ARAB SHIPPING CO (SAG) All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability •ARABIAN GULF WEEKLY SERVICE Vessel S pore Loading for In Port G. 47 Dubai (27/5). Damnum (30/5). Kuwait (3/6) Damnum (30/5). Kuwait (3/6).278 words
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Advertisement294 1979-05-17 13 NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES FAR-EAST/EUROPE FULLY CONTJUNERISED SERVICE K«m Kb*! hi AM» tJm IJM 9JM 11 JM 12 Jm 14 Jm IS Jm 17 In II Jm 20 Jm 21 tan 23 Jm 27 JM 29 JM 30 Jm 2 JM) 3J*r SJtfy i JM) I JM)294 words
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Advertisement479 1979-05-17 13 REGULAR SEMI-CONTAINER EXPRESS SERVICE DIRECT TO LAGOS-APAPA Sm Pago IV Column 3 for Sailings SINGAPOHI SHIPPING AGE NCHS PTE lID vatuiTiM, *****2 r.i hai *****1 A V f UHO ASIA I l\f SON BM[) K 1 *****'* P M AM, *****1 3•P£\t NG 64 ?6; 2 MAERSK LINE S2J I479 words
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Page 14 Advertisements
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Advertisement787 1979-05-17 14 FULLY COMT MOUSED TO EUROPE KMtM B*l HMffcM( Eifrass Wjtßi) Cafdifan Bay express comaawm to europe Spare Flte| Pan Mm Gwm fcrtmtaai In Pt 22/5 19/5 9/6 Sapkia Oictaan 8/6 10/6 12/6 30/6 FUIT CONTAIOtSED TO GEWA/TRESTE S'paw P. Kalanf Ganaa >»oWfc« 19/5 21/5 7/6 Mamanai Eiprtu 2/6 20/6 NaMarawa787 words
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Advertisement306 1979-05-17 14 N* 21 M* 25 M* 23 Ifer 2< Ibr 27 km 3 Htr 2t JMI Mr 31 Jn i til 4-7/4 7-4/4 I 17-2V/C J 29-34/4 1-2/7 21-M/4 31/7 0 e: SOa-CQMTMO SOMCE oomr-irr capacity m ras) Tk duul MMM TODOOSVay. U TOMB 6 \hr JUL TIOSIMy. 2ft Singapore My306 words
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Advertisement457 1979-05-17 14 EVERGREEN LINE FAR FAST EUROPE fXPRfSS fUII CONTAINER SfRVICE ACCCPTMG CARGO FOR: HAMBURG, FELIXSTOWE, ROTTERDAM. ANTWERP. IE HAVRE ALSO ACCEPTMG CARGO FOR; UNTIED KMGDOM SOUTMAMPTON.IONDON MANCHESTER. BMMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY HOLLAND AMSTERDAM rrm Mq (w Ikkri 14 Mar 3 km Cnt *n«« Jl Zt km Im «pr457 words
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Advertisement1023 1979-05-17 14 1 Everett Lines PMASMRECYAM W, BF U Port Kf Bunra Fhrt Star Shipping Corpn. "BURMESE NATIONAL LINE' 10MMG FOR RANGOON 11/20 Mir I F S S C AganH n Moloyva TEPS MALAYSIA I elona Tel (381-7355 Penaoo Tri *****/***** i B F S S C Aatoti «i Motoy-wo TEPS MALAYSIA1,023 words
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Advertisement685 1979-05-17 14 :l:n^uVrlu'l7!l Thursday, May 17,1179 T mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 103 21ST FLOOR MARINA HOUSE SHFNTONWAY MIST Rl ROAD SINGAPORE 2 TEI *****44 7 2201 370 SANKYO LINE AUSTRALIA SERVICE P. KManc Seaport Loatfnt far: MAT CARP M fwt SaM STD MAYPRMCE SaM hi tat FREM.Mia.MEL 31/31685 words
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Page 15 Advertisements
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Advertisement819 1979-05-17 15 1 Overseas Containers Limited Weekly service to/from UK/Europe. j QCL To UK/Continent tfW| lb* S'tw Spare PAMaag Crniart Brem k'w*f I* (towt UJt. ItaraaM Hw IS Mar 21 Mar 12 Iw 14 Am ISAM 17 Am 10 Jm NM*W|E*tMi 24 May 14 Am 16 Am 17 km 201 m 21819 words
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Advertisement908 1979-05-17 15 GRANARD LINE RELIABLE t DEPEWABLE NON-CONFERENCE EXPRESS SERVICE NEST BOUND-FN) EAST/MEDITERRANEAN Spae rJMmt Pmmi leaf* tar HI MOM VJM 29 Mar Mdah/P Sad Mmn MV. MM MK 127*.— 12 ka IS ka Mi. KSSaS ACCEPT* com MO CMCO MM/P Said/ Meundra Bmnt/Littaku FVeaus/Tripoli'Benghazi o|iteuti/P Sudan/ MM/ P Sod Aleundna'Beirut, lattakia/bmaswl908 words
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Advertisement577 1979-05-17 15 r™ BEN LINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EUROPE WITH UKRTY TO CALL AT *ED SEA PORTS S PORE *****4. K. LUMPUR *****4 P.KELANG 6521. PENANG ***** n BEN ASIA CONTAINER SERVICE EXPRESS CONTMO SERVICE STR/UTS/TMW AM/JAP AM TO TAIWAN/MPAH tela Kt 110/ Bene.*] 5807 Be*n» Trader 7107 Over Ace577 words
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Advertisement262 1979-05-17 15 Scan Dutch V 11 1 hi vi »i. >in: I»n fi7.u .Tin i: i»: i: r.vi t TT~ ?rr~ rTi ML Fl muk Kcakf fCL/TCL MmmMi cm li NariMi A bM CONVENTIONAL SERVICE TO EUROPE IW.PC, M-* KD IMS. H/a «rp. Rdaa.. Br eaten. H'bw| MSSXUI km 23/24 MM. littalua.262 words
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Advertisement591 1979-05-17 15 BOUSTEAD SHIPP,NG AGENCIES THE BANK LINE LTD. LOADS FOR E. I S. AFRICA ctwm PI. 11*0—- FROM EAST I SOUTH AFRICA 3/6 P FOR BANGKOK. s> U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) Sin(apart P. Ketone Penanc US M RUTH LTKES (dbch 4 Im4s) 29/30 May 20 M591 words
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Page 16 Advertisements
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Advertisement922 1979-05-17 16 K line KAWASAKI KISEN KAISHA. LTD. •0 CHKf 14* S.S. BRCGE 21* C CONTUCR,m N CORAL 13* C PAUL IS* TO EUROPE f L Havre R'dam Hb«r| Bremen Awtrp X May 5 kin 6 Jun 8 Jon 9 Jon 11 ton 26 11 tun 12 ton 14 ton 15 ton922 words
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Advertisement754 1979-05-17 16 B U.S.A./EAST CANADA SERVICE accept* Fa /ia com wen fiom rows. p. ielanc. stok UM| tar HEB YORK. MMFOU LC./CREAT LAKES SERVICE lOAOBK Ftt: m TOM. MMFOU. MONTHS. TORONTO "WSM*MOUNT vtnmn a/nm 22/24 a* -mmmLMOT a/a M 11/u M 15/17 M CALFORMA/PACFIC NORTH WEST SERVICE im«« hr in wann, mm754 words
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Advertisement288 1979-05-17 16 K 1 1 SINGAPORE SHIPPING AGENCIES PTE LTD 20' m floor ooan building Singapore < V»AR*E T iNG 9111/. 3LINISI OINCAI 91 3' 1 < 4 LINE Si TtLfX RS 2459S RS /SS6B A B CARSMIP •CABLf CARGOSMIP t'jtLr] S!Mi A PORE ISLAXDS U\E •to *>•» PUn 2 h n/»288 words
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Advertisement607 1979-05-17 16 tNTfPNATIQNAL SHIPPING CORPORATION BfPHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA 1) Barcelona. Genoa. 2) Amsterdam. Antwerp L Hawe. Mho Basle. UK. 3) I Bremaahaeen Aartws. Copenhaten. HMi 4) Maano Stockholm Oslo 'Accept* Earo«( carp tar MM na S pan I) G twr| 2) H bwt 3) Im 4) R dan607 words
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Advertisement591 1979-05-17 16 f INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11 *****57 Kansai Line STRAITS/AUSTRALIA SERVICE t» n »y. 4 Singapore P. Kelang Loadng tar: FOR TUNER V.13 22 Mav 20 Ma* Svdnev/MoihnHrn*/ Singapore P Kelang loadng tar 22 May 20 May Sydney/Melbourne Adelaide i- iwtMo (pit) in591 words
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Page 17 Advertisements
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Advertisement89 1979-05-17 17 CELTIC BULK CARRIERS UNION OCEAN SHIPPING (PTE) LTD TEL: *****60 l *****94 ETA ETD LOME FOR: SUM II Iky 21 May Bangkok JONMM 25 Mqr 2«IUy CNttagon* BAFmnl TrvwlSPOmmlOn P7II 22*4 flm, Km Umi BMf.. S'ptrt 1 Ms 2211*5, ***** M. *****55 Tata: IS 2H7i ITCA COUNTRY LINE ar sr89 words
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Advertisement172 1979-05-17 17 liflN SOCN SHIPPING S. TRADING CO (PTE ITp 1 ;C» hjo» »o»o •n r?ooi:: i.*s> ;»bl( cta no mm it mtmk* mn n v7i MUtn run- 11-5-71 21-5-71 Mumn MOB" 22 5-71 25-5-71 MUVIPI kiimm "cnm a* in l£T H»."W NM ran it-5-7i 21-5-71 23-5-71 23-5-71 25-5-71 27-5-71 21-5-71 ■Km172 words
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Advertisement169 1979-05-17 17 ARMADA SHIPPING APS LMOM6 FOR NORFOLK /PASC AGOUU SWGAPORE POKTKELANG PENANG •»TDT 22/24 MAT 25/2® MAT 27/21 MAT GENERAL AGENTS: EVERETT STEAMSHP CORPORATION S/A NORIENT LINE JEurope/Far East Ro-Ro Service ssi kmc rar inn mm mi cmm nam *n PW umm mm mum mm vm mm i u OHIWSB 2169 words
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Advertisement56 1979-05-17 17 KARLANDER (AUSTRALIA) PTY. LTD. Mapaafent rtfuiif cwtiiw Mrvkc km East Austraian parts K t. KH«nf POMAS-MBC W. PK *****1/4 U 2*1244 LIAN HUAT SHIPPING CO.(PTE.)LTD. iu MTERMTOMI HUA 13TH Floo* 131J/I3H STCK 2 TOl 22W511/22M5M rm nsnmnoM 11 Ma? Mat/n^i II May UwM/t«aM/la|awk ?0 tby fining II Ife* Dv-b-S*M/ta*«T PW56 words
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Advertisement221 1979-05-17 17 NOTICES OAKLAND HAS TRACK. The Port of Oakland has a decided advantage in sending inbound shipments to inland U S destinations. Because there are three transcontinental railroads virtually waiting at the dock. With railroad marshalling yards just minutes from the marine terminals, we can move your cargo without delays and221 words
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Page 18 Advertisements
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Advertisement32 1979-05-17 18 NOTICE UUMK SN» (2,301 GROSS TORS) SAUK EARLY JONE TO LI WEST COAST AMI PNR.UPMES OR TAIWAN. NEED CARGO Wll REDOCE RATE. CONTACT JOE CONNOUY ROOM 301 AMBASSADOR HOTEL SINGAPORE PHONE: *****1132 words
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