The Business Times, 14 June 1979

Microfilm: NL10198
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 144/1/7S THURSDAY, JUNE 14 1979 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Reports denied
      62 1 AFP KUALA LUMPUR, Wed. The director-general of civil aviation, Mr Hamzah Majid, described as "premature and speculative" reports that Singapore Airlines would soon fly to Penang. The entire matter is still in the process of negotiations and I am not in a position to comment," he said. He
      AFP  -  62 words
    • Article
      Lock icon Thai rice for China
      69 1 Reuter BANGKOK, Wed. Thailand will sell China 100,000 tonnes of 25 per cent white rice at US$256 per tonne FOB Bangkok in six shipments, Commerce Minister Ob Vasurat said. Agreement was reached during a Thai trade delegation visit to China last week and a first 20,000-tonne
      Reuter  -  69 words
    • Article
      Education details
      44 1 THE Education Ministry will disclose details of the implementation of Dr Goh Keng Swee's education report in the next two to three months. Details will include the phasing out of the basic course and the present primary system of retention and streaming.
      44 words
    • Article
      Lock icon EEC energy plan
      85 1 Reuter BRUSSELS, Wed. EEC Energy Commissioner Guido Brunner unveiled an energy savings plan which includes freezing the EEC's annual oil imports at the 1978 level of 470 million tonnes until 1990. He said the measures, which have been approved by the Commission and will be discussed by
      Reuter  -  85 words
    • Article
      Lock icon Tax evasion
      74 1 Reuter BERNE, Wed. The Swiss Lower House of Parliament has decided to help foreign governments investigating tax evasion. Although tax evasion outside Switzerland is not a crime under Swiss law, a Bill approved by the Lower House would give the government authority to cooperate with foreign investigators in
      Reuter  -  74 words
    • Article
      Lock icon Damaging to economy
      88 1 Reuter LONDON, Wed. The UK government's economic policy, as outlined in yesterday's Budget, will cause difficulties and be damaging to the economy, General Secretary of the Trades Union Congress (TUC) Len Murray said after a TUC executive committee meeting. He said the TUC itself will be organising
      Reuter  -  88 words
    • Article
      Lock icon Dow Jones
      55 1 UPI NEW YORK, Wed. The stock market headed higher early today in active trading. The Dow Jones industrial average, which gained 7.71 points on Tuesday, was ahead 2.17 points to 847.45 around 11 a.m.(1500 GMT). Advances led declines, 744 to 372, among the 1,584 issues crossing the New
      UPI  -  55 words
  • Chief Price Changes
    • Article
      SINGAPORE
      131 1 Rises Indices M Cement Kuala Sidim 344 312 300 290 2 B.T.Index: Industrials. Jun 12 Jun 13 Duff Dev Shell +2 2 2 2333.88 2306 33 398.51 394.79 Dah Yung 146 2 Finance: 694.02 690.31 M Credit C Sugars Apollo 144 255 201 2 1 Hotels: Properties: 296.36 294.82
      131 words
    • Article, Illustration
      KUALA LUMPUR
      147 1 Falls Indices Con Plant 5.90 -.25 B.T.Index: Jur. 12 Jun 13 Kempas 5.25 -.20 3498.70 3433.93 D Kermat 12.40 -.20 Industrials: 430.80 425.87 Esso Ords 4.14 -.16 Finance: 620.81 616.48 N Iron CCM 5.X 5.40 -.15 -.15 Hotels: Properties: 257.83 257.71 241.87 240.83 S Trading 7.00 -.15 Tins:
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  • Article
    Advisers say no to Haw Par
    832 1  -  SETRON TAKEOVER OFFER By CATHERINE ONG I IN A carefully worded document dispatched to Setron shareholders yesterday, merchant bankers Jardine Fleming advised them that the offer by Haw Par does not fully reflect the consumer electronics manufacturer's true worth. In particular, it does not
    832 words
  • Article
    Lock icon Ties with Heng Samrin not true
    120 1 UPI THAILAND has had no diplomatic contacts with the pro-Hanoi regime in Kampuchea and will not recognise it until certain conditions are fulfilled. A spokesman-for the Thai Foreign Ministry, Pirat Isarasena, said reports of diplomatic contacts with the government of Heng Samrin were "simply
    UPI  -  120 words
  • Article
    Lock icon REFUGEE DOORS
    59 1 AP THE United States, France and Australia will open their doors to about 1,000 Kampuchean refugees in Thailand to save them from being forced back to their homeland, UN officials announced. Thailand's government has accused the international community of not doing enough to provide new homes for the
    AP  -  59 words
  • Article
    Singapore may have another five hotels
    747 1  -  By TEO TECK WENG FIVE new hotels with nearly 2,000 rooms may be built here judging from the results of the Urban Redevelopment Authority's (URA) seventh sale of sites. The hotels, complete with shopping facilities, are part of the II projects on 14 land
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  • Article
    Mobil Oil goes ahead with visbreaker project
    279 1 MOBIL OU Singapore will g* ahead with its plans to build a $2M million visbreaker at its Jamg refinery. Construction is expected to begin early next year aid the whole project is to come on stream in early 1182. Chairman Y. Sugihara yesterday
    279 words
  • Article
    Magazine granted access to SES files
    467 1  -  By JOHN LIM THE Far Eastern Economj ic Review (FEER), defendant in a libel suit filed against them by the Stock Exchange of Singapore (SES) in October last year, has received a court order granting them access to the records of the SES. It
    467 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      0 1 @\(}^*>(/]_:=-,^[/}'^]'}]"/:>)<
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    • Advertisement
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      57 1 THOMAS ROBERT A L *A VS ONE STEP AHf AQ the trained specialist.. "it ■fm A THOMAS ROBERT BROKER I I j* jH I The comprehensive spectrum u t our expertise mcludi THOMAS-ROBERT (S) PTE LTD S'.it. 2508 h„,;„ iii- ,u ,1 n An Sin r- T I ..•,■>. ,1
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    • Advertisement
      Page 1 Advertisements Column 3
      68 1 emds SHIPPING MENTAL ailment afflicting 29 million A5ian5........................... 2 OECD sees mere troubles abend 5 MALAYSIANS live in poverty amid p1enty.............................. 7 JOHN Tan's reflections on the civil 5ervice.............................. 7 STOCK market rep0rt............... if WHY Bo vis is nnabie to make profit f0reca5t........................ 11 SINGAPOREANS likely to spend less on
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    • Advertisement
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      0 1 );,_|]+,!-=-_:{]>")&?(@\!!=}>[%
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    • Advertisement
      Page 1 Advertisements Column 5
      134 1 !TCJE i ——Trust Sony for your video needs S Introducing RICOH WP-1 Our first fully automated intelligent memory typewriter. The WP-1 word processor by Ricoh. A fast, flexible solution to manual typing, editing and information storage in your office. Special thin window display gives you accurate line by line editing.
      134 words
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  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      420 2 COURSES AND TALKS March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development April dO-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, sitc, srrc June 12-26: Personnel Guidelines and Policies, Holiday Inn, Personnel and Organisation Development June 14-19: Corporate strategy: Formulation, implementation and
      420 words
    • Article
      Flexibility is the key for small businesses
      568 2  -  By ALVIN TAY GTVING small businesses proper guidance may ensure that they do not get trapped in declining industries. This is the view of Mr Gan Huat Tatt, manager of a small business in Singapore, and a former lecturer in Business Administration at
      568 words
    • Article
      Business management
      102 2 THE National Productivity Board (NPB) is organising a two-day seminar and workshop on business management at the Hyatt Hotel on Aug 22 and 23. The seminar. How to Identify and Develop Management Potential in an Organisation, will help to give management executives an insight into the concept and
      102 words
    • Article
      Scottish firms secure deals
      483 2  -  By HSUNG BEE HWA AT LEAST five members of the Scottish trade mission now in Singapore have secured contracts to supply goods to Singapore firms. They include David Car law (Engineers), Airpel, Waverley Knitwear, Kompress International and Record Ridgeway Tools. David Car law supplies envelope-making machinery
      483 words
    • Article, Illustration
      First ever four-colour offset press
      150 2 BLUE BOX Offset Print- tag has begun printing on the first ever Heidelberg Speedate ItZV fonrcoloar offset press to be installed in Singapore. Costing $821,M1, this latest model from Heidelberg, the world's largest manufacturers of printing presses, will be osed exclusively for tahouse printing for
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  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      189 2 Loader Page I In the Far East our constellationis in the ascendant. Karachi: twice a week by DC 10 Bombay: 6 times a week by DC-10 once by DC-8 Bangkok: 4 times a week by DC 10 Peking: once a week txy DC 8 e Hong Kong: 5 times a
      189 words
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  • REGIONAL
    • Article
      Lock icon North Korea to open trade centre in KL
      508 3 AP A JOINT venture between North Korean trading bodies and a Malaysian private company is in the offing, Malaysia's National News Agency correspondent in Pyongyang reported yesterday. A North Korean trade centre will be opened in Kuala Lumpur to promote North Korean
      AP  -  508 words
    • Article
      Energy use to be cut further
      180 3 THE South Korean Government has announced a second-phase energy savings plan calling for closure of petrol filling stations on Saturdays in addition to the current Sundays and national holidays and penalty charges for excessive use of electricity. According to the measures to go into
      180 words
    • Article
      Lock icon Accord on $2.2 billion Chinese steel plant
      291 3 Reuter JAPAN'S Nlppea Steel Cerperattoa said yesterday it has reached agreemeat la Pektag to reactivate a US$l Ulitoa (812.2 Mlttsa) eeatract to MM a Mg sted-ssahiag ptoat at Tisshss, Tsr fThsaghsl Nlppea Steel's preside* t, Mr Flshlrs Salto, aai the CMaa Nstlsasl Teehalcal
      Reuter  -  291 words
    • Article
      Keep cool in casual wear
      55 3 JAPAN'S Foreign Ministry, as part of a government campaign to conserve energy this summer, this week told its employees they could change from their traditional dark business suits into tieless, casual attire. A ministry official said foreign embassies have also been informed that dress will
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    • Article
      DIVIDENDS ANNOUNCED
      770 3 Current Ex Books Date Total for Total for Close Payable the year Previous i year P Prod 10H(b) May 25 Jun 6 Jun 16 10% 6%<a) Aetna 15%<b) Jun 5 Jun 12 Jun 20 15% 12% Island Pen 10%(n) May 22 June 1 June 20 19% 17% Sis
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    • Article
      SCRIP ISSUE
      136 3 Company Particulars Ex Date Books Close Olyapia Bonus Issue of 1 for 2 Jun 4 Jun 14 Oriental Hldgs Bonus Issue of 8 for 5 Jul 4 Jul 10 Mai Flour Bonus Issue of 1 for 2 NYA NYA Spore Glaaa Bonus Issue of 1 for 5 NYA
      136 words
    • Article
      Lock icon Mental ailment afflicting 20 million Asians
      568 3 AP THE 20th century is mindboggling to millions in developing East Asia, and a World Health Organization (WHO) study group says it's time the region's governments recognise the problem. A new WHO report says changes in lifestyles and traditional values brought about by modernisation
      AP  -  568 words
    • Article
      HK paper and Dow Jones in tie-up
      294 3 DOW Jones and Co of New York has reached an agreement with Wen Wei Po, a Chinese-language daily newspaper published in Hongkong, under which Dow Jones' international marketing unit will act as advertising sales representative for Wen Wei Po in the United States
      294 words
    • Article
      Tokyo's oil stockpiles
      58 3 JAPAN'S oil stockpiles are predicted to drop to the equivalent of 83 days' consumption at the end of this month from 84 or 85 days at the May close. The forecast was made by Mr Naohiro Amaya, director general of the Natural Resources and Energy Agency in
      58 words
    • Article
      Suharto in drive to expand ricefields
      184 3 PRESIDENT Suharto has appealed to major estate companies including rubber, tea, coffee and palm oil plantation firms to participate in the government plan to expand ricefields throughout the country in order to increase food production. The Minister of Agriculture Sudarsono Hadisapoetro said following ta
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      117 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 has
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  • RAW MATERIALS
    • Article
      Lock icon Malaysian rubber exports down
      129 4 Reuter RUBBER experts frsm Pesissalar Malay** Ml to 139,188 teases ia March (ram a revised 197,178 tones la Fehraary bat were ahsve the 133,7*2 tsaaes exparted ia March 1178, prettmißary flgarea fraai the Malaysiaa Statistics Department This hrsaght experts fer the first qaarter te 454,443 taaaes
      Reuter  -  129 words
    • Article
      Lock icon CHINA MAY BE BIGGEST BUYER OF US GRAIN
      119 4 Reuter CHINA will heeame the largest importer ft US grala altlmaiely, with fcmriH heaviest fsr wheat ever the aezt several years. This was stated by Myrea Lasersea, the sealer vice president, merchudaißg werld grala dvUM, sf Ceattaeatal Grala Cempaay. The Ariaa market
      Reuter  -  119 words
    • Article
      Rice
      329 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crap 0.96. 100 per cent second class 0.85, 100 per cent third class 0.80, 25 per cent new crap no stock, B-10 per cent 0.70. THAI BROKEN: A-super 0.62. Special 0.56.
      329 words
    • Article
      Wheat
      99 4 WHEAT futures in Chicago on Tuesday, pressed by commission-house and local selling throughout the session, closed sharply lower. Distant July ended limitlower while other contracts closed off W* to 11 US cents a bushel. Analysts said the declines were rooted in a belief among traders that recent sharp gains
      99 words
    • Article
      RUBBER
      313 4 OPENING prices in Singapore yesterday were marked down about 5.50 cents on lower London advices and afterclose easiness here on Tuesday. The market lost further ground on freer offerings and some stale bull selling, dealers said. Some short-covering emerged to check the decline and some forward demand was also
      313 words
    • Article
      RAS PRICES
      406 4 R. A S prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 310.50 311.50N 312.00 313 00N Int. 1 R.S.S. July 303.50 304.50 305 50 306.00 Int. 1 R.S.S. August 300 00 ***** 302 50 303
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    • Article
      SSR and SMR
      130 4 NOON SSR and SMR pnoa yaetarday HAS My i ■«*»t (Carnal Mtk) (Fan '•H Mtk) Bayi ►ra StIWn Bare re Sellera SSR 20 U-tan pallet) ***** 292 00 N 290 00 292. OON SSR SO 1 too pallet) 287 00 288 00N 287 00 289 OON MKELB
      130 words
    • Article
      Closing prices
      30 4 Rubber: June 13 Singapore: July: 305.50 cents (down 5.50 cents) Malaysia: July: 307.50 cents (down 6.00 cents) Tin: $1,985 (up $5) Official offering: 165 tonnes (down 32 tonnes)
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    • Article
      Straits tin
      74 4 THE STRAITS tin price la Petug yesterday rwe Mss to $1,985 a pi col. The rise reflected sterling's strength against the Malaysian dollar, together with a smaller velame of tin metal offered by miners, dealer said. An oversight easier London market did not dampen sentiment hecaase continued Japanese
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    • Article
      Produce exchange
      358 4 DULL AND featureless conditions prevailed on the Singapore produce market yesterday. In most sectors of the market there was Just no inducement to deal. THe easier overnight market in London and New Ywk made for a softer undertone in the Singapore coffee bean market which is still languishing
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    • Article
      Soybean
      185 4 CHICAGO soybean futures finished a choppy session with prices eight to 3Vi cents a bushel lower on Tuesday. Taders said the declines in soybeans, as in other CBT pits, came largely as a reaction to several days of sharply-higher prices. Contributing to the fall were disappointing export inspections on
      185 words
    • Article
      Palm oil
      70 4 Ci-F North European port*. In US dollars per ton unless otherwise stated LONDON: Malaysian SSffa bulk per tonne TM PUHms July 6671r aoosir Sumatra 5% ffa bulk June 687 t sir 682 i sir July 680alr 872 j /673pd August 675alr 072'islr September flTOslr 867 sir Nigeria 5*
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    • Article
      LONDON MARKETS
      723 4 COFFEE: Robusta futures yesterday extended opening gains in moderately active trading to close the morning £35 to £55 per tonne up from Tuesday in sales of 3474 lots including 14 options. Spot month July ended the morning £35 up at £1,927, after opening £11 higher. Elsewhere, gains averaged
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    • Article
      Hongkong Comex
      133 4 THE SUGAR futures market yesterday closed easier with losses of 0.06 tQ 0.12 US cents, dealers said. Trading continued the recent quiet and featureless trend with no trades done as on Tuesday, while yesterday's spot sugar price eased 0.10 to 8.00 cents. Cotton trading continued the recent quiet
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    • Article
      Textiles
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Cattaa yara: China Blue Phoenix 30b 32s 2.830 40s 3.040 (per bale of 400 lbs). PtoM CM*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly unq;
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    • Article
      Lock icon Philippine metals
      52 4 Reuter PRODUCTION of Philippine copper concentrates in the first quarter of 1979 increased 2.7 per cent to 68,425.3 tonnes from 66,629.5 tonnes in the same 1978 period. First quarter gold production totalled 3,164.3 kg against 3,605.5 kg last year, while silver production reached 11,304.9 kg against 10,480. lkglast
      Reuter  -  52 words
  • Page 4 Advertisements
    • Advertisement
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      197 4 An investment in DEXION is your answer to flie high cost of storage floor space A large storage space does not need a large floor area. With the high cost of floor space, there are definite savings in storing upwards. With Dexion, you can build additional storage levels to your
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  • OVERSEAS
    • Article
      Lock icon OECD sees more trouble from high inflation
      1017 5 NYT INFLATION is starting to accelerate again throughout the Western industrial world, arousing fears that another generalised economic slowdown with higher unemployment may lie ahead. On Tuesday, the Organisation for Economic Cooperation and Development, which monitors the economic performance of the world's 24
      NYT  -  1,017 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      579 5 ARRIVALS Service Local Operator Number Time From RBA BI421 0930 BWN MAS MH671 0943 PEN/KUL CPA CX710 1005 HLP GIA GA90O 1030 HLP MAS MH605 1045 KUL SLA SQ103 1045 KUL SIA SQ211 1045 HLP GIA GA944 1065 PKU GIA GA9Q6 1100 MES PAL PR501 1135 MNL
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    • Article
      Lock icon Proposal to weaken bribery law attacked
      165 5 NYT CONGRESSIONAL leaders reacted aagrily on Tuesday to reperts that the Carter aAniabtnttw b eiaiidertag taklag stops to wMtos the law prohibiting paymeat sf bribes overseas by America! earperatisas. Seaater William Prexmlre, ehairmaa sI the Seaate Bsaklag Cammittoe aad a es aether s< the
      NYT  -  165 words
    • Article
      Lock icon Carter to set sober tone in Viennese talks
      496 5 UPI Reuter PRESIDENT Carter will take a sober and realistic approach, emphasising on long-term improvements in US-Soviet relations instead of personal diplomacy, at the summit meeting this week-end, an administration official said. The official said on Tuesday Mr Carter is preparing for
      UPI; Reuter  -  496 words
    • WORLD IN BRIEF
      • Article
        Lock icon BOOSTING IMPORTS
        549 5 Agencies THE Japanese government decided on Tuesday to hold an import promotion conference, probably next month, to step up imports of manufactured goods. At the conference, government officials and representatives of trading companies, consumer organisations, department stores, supermarket chains and the semi-governmental Japan External Trade Organisation (Jetro) will
        Agencies  -  549 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      162 5 5880,000 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 so
      162 words
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  • Article
    What price the Setron shares?
    413 6 THE peculiar rationale of takeovers and mergers dictate that often very little else is weighed in the offer other than pricing considerations. Companies, with widely differing objectives, make bids for each other based on not much more than bargain hunting. In Haw Par's current bid
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  • Article
    Wits not aid make better companies
    362 6 SMALL businesses, by virtue of their size must move faster than their bigger counterparts. They are more vulnerable to mistakes, they cannot afford to be complacent and their proprietors must work a great deal harder than other managers. If this is so, then why
    362 words
  • Article, Illustration
    Lock icon Fuel rises widen rich-poor gap
    1628 6  -  MOUNTING WORLD DEBT By CLYDE FARNSWORTH NYT IN THE WAKE of the *****4 explosion of oil prices, the hard-pressed developing countries ran up a mountain of debt that threatened to overwhelm an industrialised world banking system that was staggering through a global recession. As one
    NYT  -  1,628 words
  • Article
    What price URA land tender?
    182 6 Letters to the Editor YOUR headline article on URA successful tender in the June 11 edition of the Business Times was interesting reading. However, I feel it lacking in one serious aspect. The tabulation of successful tenders should have a column indicating the price of
    182 words
  • Article
    Still determined to know more
    524 6  -  T. J. W. ALLEN Dear Sir IN ORDER to correct the impression given by your reporter concerning the annual general meeting of The Straits Trading Company and a report published in your June 8 edition, I would be grateful if you would please publish this
    524 words
  • Page 6 Advertisements
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      245 6 WHERE DO THE WORLD'S HANTS MEET TOGETHER hMOASIA'79 I AND S S i CONPEX-ASIA 79 A NATURALLY W WORLD TRADE CENTRE A SINGAPORE 25 29 JUNE 1979 "GIANTS" AWAKENED Once every 2 years, a momentous occasion happens to the construction, public works, materials handling, containerisation and related industries in South
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1310 6 ETrifK Don't feel boxed in OH DEAR. Tealgkt's prelook (VN WHW Uuu. laat night's. Really, dant yea have aaytklag better to da thai stay at kerne aad watch TV? Hew abeat a alee drive to the •pea spaces aad freak air •f ear reeervelrs, er the heaehf Bat, ef coarse,
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  • Article, Illustration
    Lock icon Poverty amid plenty
    1211 7  -  In Malaysia nine-tenths of the households below the poverty line are in rural areas. Of these rural households, four-fifths are Malay. That is, seven out of 10 poverty-stricken families are those of Malay villagers. By DILIP MUKERJEE Depthnews MALAYSIA is in many ways a fabulous country. With
    Depthnews  -  1,211 words
  • Article
    Lock icon A threat to world's political stability
    848 7  -  By JEREMY BUGLER FT AS WESTERN Europe looks back on some of the coldest May weather on record, when livestock farmers suffered from a severe shortage of grass, warnings delivered at the World Climate Conference in Geneva earlier this year have a new topicality.
    FT  -  848 words
  • Article
    STRAWS IN THE WIND
    205 7 GUARDING the Muslim cemetery at the junction of Jalan Kubor and Victoria Street is a sign saying "Private Property NO Dumping/Trepassing". I wonder exactly what sort of trespassers, and what kind of unwanted material, those who put the sign up thought might otherwise find their way
    205 words
  • Article
    Civil service should adopt the private sector's way
    1079 7  -  FOBOMi with JOHN TAN GOVERNMENTS may be elected in or voted out. Ministers change frequently. But the business of government, of running the thousands of men and women in all the various ministries, must continue regardless of which political party is in.
    1,079 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      66 7 This announcement appear* aa a matter of record only BENTENG REDEVELOPMENT SDN. BHD. 10,000,000 Malaysian Ringgit 9,000,000 Singapore Dollars 15 Years Fixed Rate Loan And Overdraft Facility Provided by American International Assurance Co. Ltd. Malaysian American Assurance Co. Bhd. The Great Eastern Life Assurance Co. Ltd. Universal Life General Insurance
      66 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      52 7 BriStdW:ftaaiDicteßS Scene ofFtces of Ud ('WOLS r v4e PRocs' -NO mONG V I\ we Be£ti rt FoN&crts sor lb Plbgc K>R tug n"\ VgfrST THggj£. VCfigS IOHfiT ftgg. NOU Off£g\NC; Tmc, ygpoo) cofe^ feme Li (Sgpoa zvi? i iS&Doog- /jfv" TV^NK^— I'LL L£T \WOU KUOU) Ike —rCPf^RtTiTionS I FOEJ. t*v4Fsus-5eD
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        193 8 JUNE 12 Fto ABN Ahold Akzo AMEV Aiufas Atnroi Bank B4»r*om Berk Bols Borsunuj Burhmann Calve Delft UPM MIJ Ennu Kokker hunt Older Gistbroc Oobain Hagemeyer Heineken Holland-Am Htwfovens Hundou HVA 1HC lntn Muller KIM KNSM Meiieba M id bank Naarden National Ned Ned Scheepvaart Ore Grinlen Ogem Oinmeren
        193 words
      • Article
        Paris
        269 8 JUNE 12 Frs CORBEILLE Air-Liquid? 305 6 B S N Qervais Dunone C S K (ThomsonCsfl 364 -t- 4 5 Oe Francaise dn> Pet roles 180.10 -1.1 Compagnie Financier* C'otnpagnie Generate 386.50 44 Credit Foncier De France 470 -1 Hachette < Libraine) 238.90 3.9 Machines Bull 57 10 -035
        269 words
      • Article
        Frankfurt
        229 8 JUNE 12 Dm AW-Telefunken 4840 2.7 Akzn 26 50 0.7 Allz Lfbfn 835 00 5 Allz Vers ***** -3 BASF 136 00 13 Bay H T Wbank 249 50B Bay Vbank ***** 2 135 50 1.7 BBC 260 00 BMW 203 OOB Cassflla ***** -5 Chem Verw 251 00
        229 words
      • Article
        Brussels
        95 8 JUNE 12 Frs FORWARD MARKET Acec 430 -6 A r bed 2545 -20 AMur t— 610 -32 Bruscan 638 Bru-Lamb 1775 15 Canpar 850 8 Cock 538 -6 Dp Beers 259 1 Ebes 2230 60 Fler trobel 6910 10 Gb-Inno-Bm 2655 5 Gev 1252 -8 Hnbok 3060 -25 Petro
        95 words
      • Article
        Zurich
        189 8 JUNE U Kranrs Actions Suisse* 288 1 Alusuisse Br 1215 *25 Alusuisse Reg 487 7 Brown Boveri Br. 1700 15 Ciba Geigy Br 1245 5 Ctba Geigy P C 1010 15 Ciba Grig) Rf| 683 2 Credit Suisse Br 2145 5 Credit Suisse Krg 414 I Elektrowalt Br. 1875
        189 words
      • Article
        Milan
        83 8 JUNE 12 Anic Lire 32 +0 75 BaMoci 77S 12 Ontrale 4985 113 Fi»l f insider Gen Immub 2675 »53 158 1 85 50 »05 in Pn 2270 Ilalrrmrnli ***** -280 1UI|U llal.Mdrr AJU -J 399 unch Magnrii M Pf Mart-lli Err US 268 -MS Mrdiob ***** *296 Miralaiua
        83 words
      • Article
        Selected indices
        64 8 FINANCIAL TIMES INDUSTRIALS Tuesday 901.4 Monday 903.9 Week Ago 509.3 DOW JONE8 AVERAGE INDUSTRIALS Tuesday 845.28 Monday 837.58 Week ago ***** LONDON DOLLAR PREMIUM Tuesday 50'. to 90*. Monday 51 to 52 H.K.HANG SENG Wednesday Ml JO Tuesday 545 53 Week ago 968.08 SYDNEY INDUSTRIALS Wednesday 482.53 Tuesday
        64 words
    • Article
      Sharp upturn
      999 8 NEW YORK THE STOCK market on Tuesday responded with a powerful advance to a cut in the prime rate by Morgan Guaranty Trust Co to 11 Mr per cent from ll 3 per cent. Institutions took part as trading volume swelled to 45 million shares from 28.27 million
      999 words
    • Article
      TORONTO
      213 8 JUNE 12 AbllltM CS 1 Hud Bay Min 20 Imp Oil Inro 34 24 A lean 43'• Int Prov Pipe 20 > unch Algoma 30 Int Uts ...11 r.- Bank Mont 22 I nil Nickel 24<> Bank Nova Scotia Bell Tel 2244 22- Kerr Add Lob law B 9
      213 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      587 8 Where to wine, dine and entertain For sushi. For teppanyaki. For other authentically Japanese delights. For reservations call *****7 cnlun I'nrk Slioniion ik Ts) Siiipi|H>r«' K,*/ SHERA t ON«CTELS AND'NN3 WORIDWIDE C y 1 11 i( s LI NCI IB SI I )LB( )ARI) Si |\<M II >\\ ll{ I
      587 words
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      Page 8 Advertisements Column 2
      56 8 See Page 9 for Asian stocks CAMPARI INSTEAD THE RIGHT LIGHT DRINK FOR A SERIOUS LUNCH Cool, refreshing, lifts you up. Pink, light, doesn't knock you down. Only discerning palates can acquire this new taste sensation. Campari Tonic Campari ft Soda Campari ft 7UP Campari ft Orange Campari ft You
      56 words
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  • BANKING AND FINANCE
    • Article
      Lock icon US dollar's slide has little effect on trade balance
      395 9 Reuter THE depreciation of the US dollar since mid-1977 has yet to result in a substantial adjustment in US imports and exports, the Bank for International Settlements said. The effect of the depreciation over six quarters on the US trade balance
      Reuter  -  395 words
    • Article
      Lock icon UK borrowing falls
      171 9 Reuter UK central government borrowing requirement for May was a provisional £1.23 billion against £1.71 billion in May 1978, bringing the cumulative requirement for the first two months of the 1979/80 financial year to £2.54 billion from £2.16 billion in the same period last year, the treasury
      Reuter  -  171 words
    • Article, Illustration
      Reason behind rate scramble in Singapore
      747 9  -  By ALVIN TAY THE CURRENT spate of interest rate increases on savings deposit by financial institutions may have been sparked off by some unsettling statistics thrown up by the movement of deposits within the overall financial structure of the Republic. According to the latest
      747 words
    • Article
      Currency rates' future
      441 9 THE BANK of International Settlements said it may not be easy to maintain more stable currency conditions in the future. In its annual report issued during its annual meeting in Basle, Switzerland, it noted a greater commitment to exchange rate stability by major countries which had proved
      441 words
    • Article
      Lock icon Saudis may have withdrawn funds
      209 9 Reuter SAUDI Arabia appears to have withdrawn some of its funds from the Euromarkets in 1978, the Bank for International Settlements said in its annual report. However, the country remained the biggest depositor in terms of amounts outstanding in the market. While the Organisation of
      Reuter  -  209 words
    • MONEY AND EXCHANGES
      • Article
        Asian $ rates
        179 9 Asian rates ASIAN currency deposit interbank rates as at close on June 13: Closing Asian dollar certificates of deposit for prime names: 7 days 1 months 2 months 3 months S months 9 months 12 months US DolUn(Spo() Offer Bid 10 7/16 10 5/16 913/16 911/16 10'i 10 10 3/16
        179 words
      • Article
        PLR
        21 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.
        21 words
      • Article
        Singapore market
        455 9 THE US dollar closed on a mixed note against major currencies yesterday. Sterling opened on a firm level against the US dollar and was traded down a little in the later part of the day. Against the yen, the US dollar began at 219.90/00 and was brought down
        455 words
      • Article
        London
        198 9 STERLING yesterday eased from New York and Far East levels, where it breached the US$2.lO level, as operators reassessed the likely consequences of Tuesday's UK Budget on the currency. Dealers said sterling dominated early trading in a fairly active market. The pound should continue to be well underpinned by
        198 words
      • Article
        Discount
        52 9 RANGE of prica offer ed by discount bouses on June 13: Overnifbt 3% to 4M* Call deposits 4H* Clsstaf Baying 3 month 8*Uiac Treasury bills 4 H/i6 4 8/16 3 month Bank bills 7 7/16 7 5/16 3 month CD 7 6H 6 month CD 7'» 7 Source: National
        52 words
      • Article
        Gold
        258 9 SINGAPORE gold futures yesterday closed sharply lower compared with the overnight's close in moderately active trading, dealers said. Opening quotations were marked downsharply by US$4 reflecting the metal's sharp fall in New York overnight and thereafter fluctuated narrowly throughout the session, they said. Turnover rose to 273 lots from
        258 words
      • Article
        Treasury bill tender
        43 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender (or a total of $20 million 91-day Treasury bills to be issued from June 18 to June 22. Each tender must not be for less than $250,000.
        43 words
      • Article
        Hongkong
        107 9 STERLING yesterday eased marginally in very thin late trading here, with operators holding off in a quiet market awaiting any fresh news to move the rates, dealers said. The British currency eased to U552.0930/40 from $2.0945/60 at midday and 2.1000/1010 in New York overnight. The Hongkong dollar held basically
        107 words
      • Article
        Tokyo
        104 9 THE US dollar (or overnight delivery yesterday closed steadier at 219.85 yen, compared with a 219.70 opening and 219.40 at Tuesday's close, dealers said. Trading was light with volume US$5B3 million. The dollar moved narrowly between 219.80 and 220.00 in slow late trading after early steadiness, dealers said. Despite
        104 words
  • ASIAN STOCKS
    • Article
      Lock icon Investors cautious
      546 9 Tokyo Source: DBS-Daiwa THE market continued inactive yesterday as investors took a cautious stance. Some incentive-backed issues including resourcesrelated stocks rose on relatively heavy volume. Gainers in brisk trading included Toyo Kogyo, Nippon Yusen, Sanko Steamship, Nippon Dosa, Yamatake Honeywell and Kurosaki Yogyo. Short-term traders were heavy buyers
      Source: DBS-Daiwa  -  546 words
    • Article
      Lock icon Hongkong
      389 9 Source: SHK Sec Ltd. THE market continued to in light trading yesterday with persistent selling across a broad front except for H K Bank and Cheung Kong. Brokers were expecting some upward movement due to a lower prime rate in the US but this was offset by fears of
      Source: SHK Sec Ltd.  -  389 words
    • Article
      Sydney
      323 9 THE market closed mixed yesterday with an easier bias to minings and golds, dealers said. Lack of incentive and rising interest rates depressed sentiment. BHP rose four cents higher on balance at <9.16 and CSR five cents to 14.15. In mining leaders, CRA fell 15 cents to 53.15 while
      323 words
    • Article
      Lock icon Factors behind ICI improvement
      161 9 Reuter ICI Australia Ltd said its improved first-half profit was assisted in particular by a strong recovery in the ICI New Zealand group and in the Australian paints business. Rural chemicals and fibres business also continued to improve. ICI earlier reported an attributable after-tax net profit
      Reuter  -  161 words
    • Article
      Bangkok
      332 9 THE market closed slightshigher yesterday after slow trading, dealers said. The Book Club index rofie' 0 29 to 151.78 points for a turnover of over 234.000 shares valued aat 41.7 million baht. The winners included Thai Farmers Bank which gained six baht to 320, Siam Credit five to 124,
      332 words
    • Article
      Manila
      183 9 THE market remained mixed*! yesterday as commercial andJ mining weakened while oilsTheld firm, dealers said. Turnover rose to 10.7 million*, pesos from 48 million on Mon-.« day. Gainers included Acoje Min-~ ing, Benguet Con B, Marin-* duque B, Basic Petroleum,*! Landoii B, Pogei, and among--losers were Atlas Con B,
      183 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      204 9 SI BUS' 73 A resounding success SIBUS'SO A worthwhile investment Get into it now. The Singapore International Business Show '80 March 18 22,1980 World Trade Centre, Singapore 100 companies from 9 countries participated in SIBUS 4 79. More than 20,000 buyers and end users visited the exhibition. SIBUS '80 will
      204 words
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  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1416 10 BID and offer prices officially Msted and business In and reported to the Stock Exchange 01 Singapore yesterday with the fl umber of shares traded shown yi brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts aire quoted after the word "sett''. Big Board
      1,416 words
    • Article
      Government bonds
      194 10 l'8'«0 (250.000) (*****) 4 3/4** 15 9 HO (250.000) (99 658 99 755) 5' 3/4' i I 6 78-80 (250.000) (100.758 100 BSS) 1/5/79-81 (250.000) (100 358 100 455) 5 3/4 1/9/79-81 (250.000) (100 SOB 100 60S) 5 1/2*"* 1/3/81 (250.000) (*****8 *****6) 5<4 15 481 (250.000) (*****
      194 words
  • Article
    Unit trusts
    169 10 SINGAPORE UNIT TR1BT INCOME BOND I NIT < Managers' print i tor Jaa IS) (Carreat pr few*) The Commerce 2-13 2 Xxd Income Bond 1 11 1.17 The Saving Fund 138 l.« S pore Prog Fund 0 99 1 06 MAKA Bl MIPITVA S pore Sec. Fund 184
    169 words
  • Article
    SHARE INFORMATION SERVICE
    2583 10 1879 High Low Company Last Sale or Gr*a Div Div Cvr Gr'a Net Y'ld P/E Vol Day COOO> High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 190* 142 180 265 74 252 350 215 380 207 Ac ma 123* Alcorn 110 Allied Choc 148 BAT 258 Bala 60
    2,583 words
  • Article
    In Kuala Lumpur
    1658 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified INDI STRIALS \£aamata i 2 MB 2 85S) \leam (IKB 1.88S) xd
    1,658 words
  • Article
    COMPANY MEETINGS
    205 10 Allied ClMcalate Mutriet Ltd: AGM to be held at 481. Tanglin Halt Road, Singapore at 11am on June 15. Gdd C*la Ltd: AGM to be held at 6th Floor. Denmark House, Raffles Quay. Singapore at 12 noon on June 15. Kings's H*tet Ltd: AGM to be held at
    205 words
  • Article, Illustration
    Attempts at rally fizzle out
    743 10 THE Stork Exchange of Singapore was quiet and easier yesterday. Attempts at rally were generally too feeble to be sustained. Until tbe close, sentiment was somewhat nervous. On balance tbe market finished with declines far outnumbering advances. Investors appeared to have taken too seriously tbe
    743 words
  • Article
    KLSE shares broadly lower
    517 10 SELLERS dominated trading on the Kuala Lumpur stock market yesterday, forcing prices to close broadly lower for the second consecutive session. With little in the way of incentives, traders were generally reluctant to commit themselves. The market was thus left to drift and adjust itself technically,
    517 words
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  • COMPANY NEWS
    • Article
      Bovis makes no forecasts for this year
      375 11 BOVIS (SEA) is not making profit (or loss) projections for the current year after incurring heavy losses in 1978. In the company's rights issue document, the directors point out that they are unable to prepare, with any degree of accuracy, a forecast for
      375 words
    • Article
      Advice, please
      182 11 Letter to the Editor Dear Sir I was greatly dismayed to read the report on June 11 in Business Times about the advice given by merchant bankers, Jardine Fleming, to Setron shareholders. I am sure that all the readers, the minority shareholders of Setron in particular, must have
      182 words
    • Article
      OCBC profits from local growth rates
      628 11 DEPOSIT BASE WIDENS OVERSEA-Chinese Banking Corporation benefited from good economic growth and low inflation in both Malaysia and Singapore last year although the world as a whole suffered economic difficulties. Chairman Tan Sri Tan Chin Tuan, in his latest annual report, says instability, inflation,
      628 words
    • Article
      Matsushita invests $7m
      432 11 MATSUSHITA Electric Company (Malaysia) invested Ms 7 million in fixed assets last year as part of its continuous capital expansion plans to acquire the latest in production technology Chairman Tan Sri Haji Mohd Noah bin Omar says in the 1978 annual report that the latest technology in
      432 words
    • Article
      Lock icon Still the best bet
      374 11 tfocma aaaecL^ HOCK LOCK SIEW THE stack market, despite its sometimes notorious reputation as a casino, has generally been considered a good place to pat one's money. That notoriety, perhaps not always justified, arises from speculative activity which adds life to the market. Speculators there will
      HOCK LOCK SIEW  -  374 words
    • Article
      COMPANY BRIEFS
      308 11 PUBLIC Textile Bhd: Group pre-tax profits for the year ended Dec 31, 1978 of MS805,654 compared with $192,441 for the previous corresponding period, on turnover of $11.24 million, compared with $9.56 million lyThe company said results for the year under review was very satisfactory, due mainly to improved
      308 words
  • Page 11 Advertisements
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  • Article, Illustration
    Lock icon Affluence leads to more outlay on luxuries
    578 12  -  By JOHN LIM CLOTHING, footwear and luxury items will be the fastest-growing segments of consumer spending in Singapore over the next, few years. This is the preliminary conclusion on household spending habits that Nanyang University lecturer Mr Ivar Ostby has come up with.
    Source: Dept of Statistics  -  578 words
  • Article
    Morgan cuts prime rate
    298 12 THE MORGAN Guaranty Trust Co. reduced its prime rate by one-quarter point to 11 1 2 per cent. Market analysts were divided over whether the decline signalled a temporary drop in interest costs or whether it represented a more fundamental downturn. Morgan, in its usual terse
    298 words
  • Article
    Lock icon Brisk stock build-up
    157 12 UPI AMERICAN business inventory build-up during April rose at its fastest pace in a year while sales fell off sharply, the US government reported on Tuesday. The Commerce Department said inventories climbed by US$5.4 billion (S$U.BB billion) or 1.4 per cent to $397.1 billion in April. This
    UPI  -  157 words
  • Article
    LONDON STOCKS
    834 12 LONDON, Wed. Share prices eased following Tuesday's UK budget. At 3pm, the Financial Times index was down 12.9 points at 488.5, the lowest since March 6, 1979. Government bonds, however, were off the day's lows following news that the long-dated "tap" issue was exhausted but stocks were still
    834 words
  • Article
    No legal action by SIA to recover lost revenue
    333 12 SINGAPORE Alrllaes (SIA) does not latead to take My legal aettoa to recover reveaae l««t ia complying with the US Federal Avlattoa Administrates's (FAA)dedstoa to graaad all MeDeaaeU Daaglas DC-ll aircraft. Aa SIA spakeamaa said yesterday that the airtlae will Bat
    333 words
  • Article
    Lock icon US Steel raises prices
    68 12 AP U.S. STEEL Corp has raised prices on steel used in cars, appliances and home furnishings an average of 3.5 per cent after being granted a Government exception from federal price guidelines. The United States' largest steelmaker said on Tuesday it would raise prices on its
    AP  -  68 words
  • Article, Illustration
    Lock icon Mixed reactions to Thatcher budget
    955 12 NYT Reuter REACTIONS to the UK Budget announced on Tuesday were mixed. The leader of Britain's biggest trade union, the Transport and General Workers Union, Mr Moss Evans, said it is a "shocker" and hinted that the country can expect huge wage claims later this
    NYT; Reuter; Source: UPI photo  -  955 words
  • Article
    Lock icon Japanese N-plant hums again
    110 12 AFP JAPAN'S largest nuclear power plant in Fukui resumed operation yesterday after a two-month suspension which followed the Three-Mile Island nuclear power plant accident in the United States. Kansai Electric Power Co said the pressurised water reactor at its oil atomic power plant was switched on
    AFP  -  110 words
  • Article
    Lock icon PERTAMINA IMPOSES NEW SURCHARGE FROM FRIDAY
    281 12 Reuter AP PERTAMINA. Indonesia's state-run oil company, has told Japanese refineries that it will impose a surcharge of US$l.95 (554.29) to $3 a barrel on oil prices starting from shipments next Friday, its Tokyo office said yesterday. The amount of surcharge will depend on
    Reuter; AP  -  281 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      80 12 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 16th June. 1982 of: A The Mitsubishi Bank, Limited D.B.S. Building. 6 Shenton Wav Singapore 1. We hereby certify that the rate of interest payable on the above-mentioned certificates of deposit for the interest period beginning
      80 words
    • Advertisement
      Page 12 Advertisements Column 2
      285 12 This announcement appears as a mailer of record only. US$ 20,000,000 The Mitsubishi Bank, Limited U.S. Dollar Floating Rate Negotiable Certificates of Deposit due June 16,1982 Manager Morgan Guaranty Pacific Limited Co-Manager Mitsubishi International Finance Limited Agent Bank Morgan Guaranty Trust Company of New York June 1979. i; rrr ran
      285 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      63 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Isolated showers from mid morning. Report for 24 boors prior to 7JI p.m. on J one IS at the airport. Maximum temperature 304 Associated humidity 72 Minimum temperature 24.2 Associated humidity 100 Hours of sunshine 5.00 Rainfall in millimetres 9.0
      63 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Increase in BAF
        91 13 THE Far Eastern Conference (FEFC) announced on Tuesday that continuing increases in bunker offtake prices have resulted in a radical situation in the Bunker Adjustment Factor (BAF). The result is an increase in the BAF from 24.58 per cent to 30.38 per cent. The revised BAF will
        91 words
      • Article
        Lock icon Coal carrier for Japan
        93 13 AFP A SHIP exclusively for carrying coal few power plants will be built for the first time in Japan in the wake of rising moves in Tokyo to take a new look at steam coal-powered thermal power plant, it was revealed in Tokyo yesterady. Nippon Yusen
        AFP  -  93 words
      • Article
        Lock icon Tanker sold
        88 13 AFP SOUTH Africa's Safmarine Corporation has sold the tanker, Kulu, which was arrested by Nigerian authorities last month, the Lloyd's List reported in London yesterday. The 220,000-ton deadweight vessel was sold on private terms, the shipping paper added. A price of between US$7 and $8 million was mentioned
        AFP  -  88 words
    • Article
      Brunei job for Spotradio
      598 13  -  FIRST FOR LOCAL FIRM By RAHIM KASSIM THE MARINE division of a local company scored a first recently when it successfully tendered for the construction of a $25,000 fire boat for the Brunei government. Spotradio Industries (S) is expected soon to deliver the boat which has
      598 words
    • Article
      Lock icon London freight market
      187 13 UPI JAPANESE charterers ftui It afire—ry t p pay evea greater freight rates far Imparts af grata (ram the i s (.aif. UK taak the Chaka Mara with tljm taaa la a June paattiea at USfM (FIO) while Ml teal warded 2MM teas abaard a Jaly laadlag
      UPI  -  187 words
    • Article
      Lock icon High rates for US grain shipment
      582 13 AFP VERY high freight rates were paid for the shipment of US grain to Japan last week, but elsewhere the recent firm tone appeared to be cracking. Conditions were again comparatively quiet. Chinese charterers maintained their interest in timechartering without venturing into the single
      AFP  -  582 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3187 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      3,187 words
    • Article
      INDEX
      476 17 Skipping Um Cai Skipping Uae Page Cal ACS n 5 Lu n 2 Afea IV 3 Lykes m 5 Alpac IV 5 Maersk Angkutan V 4 i 4/5 > ANL I 1 Medafrica n 3 APL in 2 Medtainer IV i AryaNat n 5 Meishin IV 4 I ASCL
      476 words
    • Article
      Container Schedules
      939 18 RECEIVING of export fcl containers AND LCL CARGO AT CONTAINER TERMINAL w. n. j NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's
      939 words
    • Article, Illustration
      Case for more land reclamation
      826 18  -  By GOH ENG KEE THE SINGAPORE experience in port management and reclamation for port development and other works was highlighted by three local experts at the third session of the SEA TEC II seminar yesterday. Speaking on reclamation for port development and other works, Mr
      826 words
    • Article
      MARKET SHOWING SIGNS OF A BOOM
      752 18 SHIPPING is improving with each day bringing relentless demands and limitless' opportunities. All sectors freight, time-charter, sale and purchase and scrap are showing healthy signs. Multi-nationals are particularly active in seeking freight rates and in planning affreightment contracts. Most owners have passed on to
      752 words
    • Article, Illustration
      Indonesia wants more control
      667 18 INTER-ISLAND SHIPPING THE PAST, preaeat tad hi tare of the tatertalsnd shipping teeie «U yesterday presented to participants at a semlaar argaaiaed by Martatee (SEA) as a case study. The president director of Ike stateowned Uae P.T. Petal, Mr Hnsseyn Umar, presented Ike Indonesian case during
      667 words
    • Article, Illustration
      SHIPS IN PORT
      392 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Giso Maru (after Prima King) 6/7 Keng Hoi (2100 after Bunga Mas) 18 Ocean Strength (after Blue Matsuyaa A Fairstar) 47 Rajah Brooke (1400) 20 President Adams (after Orchard Gold k Strathmeigle) 15/16 Temburing (2200 will shift to Gdn.23 0530 15th) 21
      392 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      374 13 TANK CLEANING Whether you are sending it to the DOCKYARD for repairs, the SCRAPYARD tor scrapping or making a CONVERSION consult: PIRAEUS MARINE SINGAPORE PTE LTD m- v w v I \RDIMAMAH Orient Overseas Co*dci*teA Line ocvmjo mu. it* KFTOK KM IMP OCVMJO *05 IUI KQKJM MCnCH 3N tUONE CONTMO
      374 words
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      Page 13 Advertisements Column 2
      280 13 SEALORD ANTAH 33 511 Si UASC UNITED ARAB SHIPPING CO (SAG All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability. ARABIAN GULF WEEKLY SERVICE* H S pore Loading for In Port Mux* (25 6 Dub* (27/6). Ate Dhabi (29/6). GCNB/9 W" 0/7). Bahrain (4/7). Damnum
      280 words
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      Page 13 Advertisements Column 3
      307 13 NOL NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY COffTAMERtSED SERVICE CNU Spor» Ctos* Ta 21 Mr 10 A* 27 Mr I if A* MFacmia cvp Htrrt *atn 2M» 3 Mr 9My 10 Mr is Mr it Mr 20 Mr 71 Mr 21 Mr nMr 2A* 3A* fA* 7A*
      307 words
    • Advertisement
      Page 13 Advertisements Column 4
      512 13 KYOSEI LINE JAPAN/SINGAPORE SERVICE See Pege IV Column 3 for Soilings Agents KYOSEI AGENCIES (S) PTE. LTD. MARKETING 9111?2 GENE HAL *****1 A Vs.a EURO ASIA LINE SDN BHD K L ***** 7 P KLANG *****1/3 PENENG *****/2 MAERSK LINE iWtot G« 1 Atactic East Canada and Muco (Mm i
      512 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      655 14 FULLY CONTAINERISED TO EUROPE lotto Bay Canaan Bar Tokio Eipress EAttMara Osaka Bar Inerpool Bay Benalder Mamburf Eipress Benaton EXPRESS CONVENTIONAL TO EUROPE Spore PKrtjnf Pen B4bao Genoi H°bur| Bremen Rdam Antwerp Sophie Aickmers 18 6 ?l 6 5 7 21 7 18 7 J6t 7 14 7 Paul Rickm
      655 words
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      Page 14 Advertisements Column 2
      537 14 barber blue sea Barter Hue Sea V%ll Vvl from: US ATLANTIC US GULF I EAST CANADA N Mm Houston Next Arrival: "N.J. PATER AS" June 19/20 at BARBER LINES TERMINAL GODOWN 47. L THERMOPYLAE" Jim 29; "BARBER PRIAM" My 4; "MELAMPUS" My I. I To: US ATLANTIC US GULF EAST
      537 words
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      Page 14 Advertisements Column 3
      575 14 EVERGREEN LINE f FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ACCEPTING CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP. LE HAVRE ALSO ACCEPTING CARGO FOR UNITE 0 KINGOOM SOUTHAMPTON LONOON. MANCHESTER BIRMINGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS i WEST GERMANY bremerhavLn HOLLANO AMSTERDAM Sp*e Hambwf Frtillnrt Rotterdam Antwerp It Havre Vata 15 Mm
      575 words
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      Page 14 Advertisements Column 4
      1070 14 Everett Lines Burma Five Star Shipping Corpn. BURMESE NATIONAL LINE LOADING FOR RANGOON H F SS C Agents m Molovskj TEPS MALAYSIA P«Kf Keking Tel <38 k -73bb Penong TH ***** ***** 3 Compania Argentina De "ARGENTINE NATIONAL LINE" jj LOADING FOR DURBAN. CAPETOWN. BUENOS ARES Sinfapore P Krtanj Peiunf
      1,070 words
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      Page 14 Advertisements Column 5
      767 14 T OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR V.ARINA HOUSE SHENTON WAV MISTRI ROAD SINGAPORE 2 TEL *****44 7&*****70 SANKYO LINE KYOSEI MARU THREE STAR MAY CARP....... AUSTRALIA SERVICE P KeUn( Snjapore loadmt lor: In Port 21/23 June SYD Mil AOEL 18/20 June 16/17 June BRIS 10/11
      767 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      585 15 OCL Overseas > Containers Limited Weekly service to/from UK/Europe To UK/Continent ifbmt "<Utn Ston Spare P Keiang Dinar* Brem A'werp LeHane UR. '<>*»« Ba, SaM 14 Am 4 U iU 7M 9A4 2 W Cardigan Bay '26 Aw 14 M 16 M 17 M 19 M 12 M Tekw Eipms
      585 words
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      Page 15 Advertisements Column 2
      952 15 GRANARD LINE RELIABLE I DEPENDABLE NON-CONFERENCE EXPRESS SERVICE NEST BOUND-FAR EAST/MEDITERRANEAN M MM HMG V 27* M V MAN FUNG V 2W. Sport PKctang taunt 18 to. MM 17 U M V KNDNC FUNG V 2M1.. 30 U Ml VESSELS ACCEPTIK CONTUCR CARGO leddah P Sad Aleiandnj Bfrul limissd lattakia
      952 words
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      Page 15 Advertisements Column 3
      583 15 njr* BEN LINE CONTAINERS EXPRESS COffTifO SERVICE TO/FROM EUROPE with IBEimr 10 CALL AT RED St A* PORTS S PORE *****4, K LUMPUR *****4 PKELANG 6521, PENANG ***** BIN ASIA CONTAINER SERVICE EXPRESS CONTAMER SERVICE STRAITS/T AIM AN/ JAPAN IBENBULK f BULK SERVICE FOR TIMBER AND PLYWOOD THok Ayer Sport
      583 words
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      Page 15 Advertisements Column 4
      573 15 Scan Dutch V WEEKLY EXPRE ■—a T i>; fl* IP >M)( tarrd <Ute> FMNCFSCA 14/4 UMH aamM n/t mm FAAKXSCA M/ 4 WTIM) EUAMRA 7/7 MUf nuwasa 14/? m KL aimu a/7 somm finksu a/7 man M toete mm c»ft tat Bje*k»l P (itan| EASTBOUND FROM MED/UK/NC/SCANDINAVIA I) Cburf 7)
      573 words
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      Page 15 Advertisements Column 5
      720 15 BOUSTEAD AGENCIES THE BANK LINE LTD. LOADS FOR E. S. AFRICA FAKROMEN Reuroc Durban Clowi ft t Idnl FROM FAST t SOUTH AFRICA A VtSSU Penang P Kelang Spore 1?16 Auf P Kelang 17/19 Aug •FOR BANGKC* MA Nil P ftflang Spore My U.S. GULF COAST SERVICE (New Orleans, Mobile,
      720 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      932 16 K LINE SEN KAISHA. LTD. fiTRWB'VDiiTir PP{ SS Sf W IC f TO EUROPE P Keiang I Ha»re R'dan H'burj Bremen Awerp 1 2 Ady 3My S July 6My gW, K CONTAMER 16W |II My 1? My [28 Ally 29 My 31 My 1 Aug 3 Aug (acceptaig cjrgon to
      932 words
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      Page 16 Advertisements Column 2
      408 16 ISA/EAST CANADA SERVICE FM* MM LC./CtEAT LARES SERVICE LCMOMS FOB: OT TOR. NORFOLK. KMIM. TOMMTO Pnm| Mm P. MN| v Snppon DBMM TET (Cad CNcap) IV 1( Mr 11/u Mr M/ 12 Mr *«K»a* 15/11 A« 11/14 Ml 11/12 Aa| CAUFORMA/PACFIC NORTH WEST SERVICE LaaM| tar LOS MKIEI SM FRANCISCO.
      408 words
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      Page 16 Advertisements Column 3
      470 16 V »roup SINGAPORE SHIPPING AGENCIES PTE LTD MIM FlOO» Oct AS BjltC NG SiNGAPORf i VARxfTiNG *****2 (3 LINES" GC Nf PAL 91 3111 (14 LINES) TElf« RS 7459S OS 2SS6B A B C ARShiP C «Bl I CARGOSmiP SI\(,APORh: ISLAM)S USE MTmnmwnmvtnrwrwwrvw^ HMD UH iBIMD 13* MIDDI.t h AST
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      Page 16 Advertisements Column 4
      536 16 IB tNTffiNATtONAL SMtPMNG CO*PO*ATIO* BtPtHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT I fc Part 1 J/15 Ma 17/11 Ma Btocw 3/7. CMt/ ldo« 1/7. Utowt 12/7. H* 14/7. Rdam 19/7. I pool 23/7 115/11 Ma S/23 kae 23/25 Im Ikon 9/7. C*#Lpool 15/7 Bremen 21/7
      536 words
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      Page 16 Advertisements Column 5
      661 16 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'part P. Ketang ALEXANDRA N. N839 h Pert Sated OK WB4O (Cantr. Slip) 21 ton RATNAMORAMA N842 21 Jut NOR ASIA N845 27 M Agents: Satgapore Avon (UK)/A'werp/ Tdbury/Boutogne Rotterdam/Hamburg (UK) /Tilbury 1M Avon(UK)/Boulogne/ 1 Aug Boulogne A werp/ Avon(UK) MTRASEA (TIE) LTD
      661 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      151 17 CELTIC BULK CARRIERS Regular Bulk Service For Timber Plywood Spore t f Keianf Loads* tar: FLORA N (VOY 2) 25/6 27/6 NANTES.TIBURY, LTOOL HOI/ANTWERP CAROfF an (VOY 3) 1/7 10/7 MONTOM. HOLLAND. T*.. LTOOL, ANT CELTIC (VOY 4) 25/7 2«/7 HOI. Tl. LTOOL. ANT. General Agents: Marathon United Agency Pte
      151 words
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      Page 17 Advertisements Column 2
      233 17 LIAN SOCN SHIPPING TRADING CO (PTE) LTD iio; fiOO« C»( BUIlOiNG,»OBillSO* to*: SH»G»»Ot! 'ft *****'! lb CtIK UlßWillO n* no noKa UK. "BLMMT MTMK" 114-7) U4-» IWMTt a*. -dory »rr 17+71 iw-7) muwi IW WT U*" Part 154-7) HI-we HOW bftrt 1)4-7) EMT MM SMS HV. IIM MMfIW" 2144) 234-7)
      233 words
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      Page 17 Advertisements Column 3
      133 17 WEST BOt ar Sgtd WEST BOUND lOAONG FOR MUSCAT DUBAI ABU-OHABI 6AHRAM KUWAIT ETA ETD BACHLONG V 96* n km X km EASTERN EXPRESS V MW(TBC) 1C kd 17 M EAST-MUD OBCHARONG OUT RANGOON/CHTTTAGONG/CHAiNA SERVICE UV FM ISLANDS 25 M 27 M COIfTMO SERVICE TO AUSTRALIA u LOAOMKFOR: M WOBMB
      133 words
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      Page 17 Advertisements Column 4
      156 17 CHINA OCEAN SHIPPING COMPANY <■**»*« 0*») 11/12 J* Dattarta/Ha*. r*m Mr Mtrtw/Na** 27/31 My U*M/MM*/ AGENTS: n Dmp t«* mMta tar hpad carp Chung Chioo Shipping Sdn Bhd Port Kelong Tel: *****6, *****8 Penong Tel: *****, *****7 r.T. PERUSAHAAM Pf I AY ARAN *3 ANGKUTAN PERTAMBANGAN TIC ONLY SMGAPORE/ROOKSIA CONTAMER
      156 words
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