The Business Times, 15 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. HJ/1/19 FRIDAY, JUNE 15 1979 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Hussein invited
      43 1 AP KUALA LUMPUR, Thurs. Malaysian Prime Minister Datuk Hussein Onn has accepted an invitation to visit the Soviet Union, Foreign Minister Tengku Ahmad Rithauddeen told Parliament today. He said the date and duration of the visit would be discussed later. AP
      AP  -  43 words
    • Article
      Lock icon New vice premiers?
      69 1 AP TOKYO, Thurs. A well-informed source in China said today Mr Po I-po and Mr Yao Yi-Lin, former senior Government officials purged by the radical Gang of Four in 1966, are likely to become vice premiers, Japan's Kyodo news service reported from Beijing. The dispatch said the
      AP  -  69 words
    • Article
      Lock icon Coffee hits 2,000
      84 1 Reuter. LONDON, Thurs. Coffee futures prices on the London terminal market reached the sensitive -2,000 per tonne mark today, following the first official estimate of frost damage in Brazil, traders said. Yesterday, nearby futures prices closed around the £1,930/1,944 mark. The sharply higher opening reflects bullish interpretations
      Reuter.  -  84 words
    • Article
      Lock icon Yes to air service
      58 1 AP KOTA KINABALU (Malaysia), Thurs. The state-owned Sabah Air has received approval from Malaysia's Civil Aviation Department to operate an air service between Sabah and Zamboanga jointly with a southern Philippine company. A spokesman for Sabah Air said today the Filipino operator, Air Mindanao Corporation, had
      AP  -  58 words
    • Article
      Lock icon Suharto steps in
      65 1 AFP JARKARTA, Thurs. President Suharto has ordered the stepping-up of efforts to combat smuggling as there have been indications of growing smuggling activities, Information Minister Ali Murtopo said last night. The order followed reports by Finance Minister Ali Wardhana that certain places including Jakarta, Medan and Pontianak
      AFP  -  65 words
    • Article
      Lock icon Pay increase
      69 1 AP TOKYO, Thurs. Members of Japanese labour unions received average pay increases of 5.8 per cent in this year's "spring offensive", about the same as last year even though this year's economic conditions are better, the Federation of Employers Associations said yesterday. Mr Shoji Kaneko, a federation wage
      AP  -  69 words
    • Article
      Lock icon Dow Jones
      66 1 UPI. NEW YORK, Thurs. The stock market headed broadly lower early today in active trading. The Dow Jones industrial average, which fell 3.12 points yesterday, was off 5.19 points to 836.% around 1500 GMT. Declines led advances, 759 to 307, among the 1,482 issues crossing the tape. First-hour
      UPI.  -  66 words
  • Chief Price Changes
    • Article
      SINGAPORE
      134 1 Rises Indices Krmpas DBS Faber Merlin 540 510 99 15 10 10 B.T.Index: Jun 13 Jun 14 2306.93 2321.83 O C B C 700 5 Industrials: 394.79 394.71 FAN 610 5 Finance: 690.31 691.58 Metal Box Bhd 275 5 Hotels: 294.82 294.82 High A Low LOB K L Ktpong
      134 words
    • Article, Illustration
      KUALA LUMPUR
      148 1 Rises Indices Kempas 535 10 Jun 13 Jun 14 Pengkalen 550 10 B.T. Index: 3433.93 3463.24 K L Kepong 328 06 Industrials: 425.87 424.95 DBS 505 05 Finance: 616.48 617.06 Falls Hotels: 257.71 257.66 Properties: 240.83 239.69 520 -20 Tins: 207.59 207.28 Matsushita rubbers: 796.75 797.96 Sg. Besi
      148 words
  • Article, Illustration
    Old hotel gives way to new
    656 1  -  INOPPORTUNE TIME? By TEO TECK WENG THE 24-year-old Prince's Hotel Garni, which ceased operations in 1973, will be demolished by the sledgehammer of urban redevelopment. Its owner, Hudson Holdings, is believed to have been granted approval to rebuild the hotel into a new 230-room
    656 words
  • Article
    Lock icon UK Minister for UN refugee talks
    163 1 Reuter. BRITAIN is sending senior Foreign Office Minister Peter Blaker to Geneva next week for talks with the UN High Commissioner for Refugees on the growing Indochina refugee problem. The Foreign Office yesterday announced that Mr Blaker, a Minister of State, will discuss matters
    Reuter.  -  163 words
  • Article
    Lecturer calls lor quantified forecasts
    635 1  -  By HSUNG BEE HWA QUANTITATIVE financial forecasts should be mandatory and made available for the benefit of investors as well as management, said Mr Trevor Wilkins, an accountancy lecturer at the University of Singapore. In an article published in the first issue of Singapore Management
    635 words
  • Article
    Hwa Hong likely to go public next week
    214 1  -  By GOH ENG KEE HWA HONG Manufacturing Company, a manufacturer of edible ells mod soaps, is likely to make a public issue next week. It will be the second company to do so this year. Tbe company has been waiting in the
    214 words
  • Article
    Sime seeks more muscle for takeovers
    532 1  -  By ANTHONY TAN WITH SLIGHTLY more than a fortnight to go before the bulk of a $400 million credit line runs out, Sime Darby Holdings executives are now in the midst of discussion with bankers on plans either to take it up fully or
    532 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      26 1 vltOfcL] SAFE WITH AN ITOKI SAFE BUSIMCSS MACHMCS SYSTOHS (S) TO. ITO 47 Podium Block Goufhiii Piua N*»ton Road Singapore 11 T«4 ?5?15*4« Cat»a BUSNESTEMS S<ngaoof«
      26 words
    • Advertisement
      Page 1 Advertisements Column 2
      157 1 Braun micron It means more than a close shave With the Braun micron you get a good close shave, without having to go over the same patch of beard time and again. The secret of how the Braun micron gives a closer shave lies in the foil itself. In the
      157 words
    • Advertisement
      Page 1 Advertisements Column 3
      62 1 Lofcf...pm i rasa SHIPPING TIMES TOKYO pMgn to speed op tariff e«t 3 HOW deep will tbe next recession be? 7 Cheaper Indian cotton fabric 7 NTUC Income to ianaeb bead campaign STOCK market report. COMPETITION eats in W< profit Plea to invent more bere... FLIGHTS 1, TV AND RADIO
      62 words
    • Advertisement
      Page 1 Advertisements Column 4
      50 1 Canon lucnom CMCtMmra* A "Plain M hp*" Pnntme/WtfUy CalaiMw Tkit Fto m Ywir Hand Sot* Agents Guthrie Trading Tel: *****5 I *****5 Discover CLSENIER FREEZOMINT with green creme de menthe ■a*. -m >> z. i V. r f HOCK TONG BEE PTE LTD 347 Bukit Timah Rd. Spote 102b Tel
      50 words
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  • RAW MATERIALS
    • Article
      Produce exchange
      308 2 COFFEE bean prices were yesterday marked up slightly in a generally quiet and featureless Singapore produce market. The mark-ups were more to bring local prices in line with those prevailing in London and New York than anything else, as stocks of exportable coffee in Singapore right now is
      308 words
    • Article
      RUBBER
      310 2 OPENING prices in Singapore yesterday were marked up slightly on easier London advices. Values later gained further ground of trade, upcountry and speculative buying coupled with increased forward demand, dealers said. Profit-taking emerged at the highs but was well absorbed. Some late covering orders were noted towards the morning's
      310 words
    • Article
      RAS PRICES
      351 2 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. 314.00 316.00N 312 00 313.00N Int. 1 R.S.S. July 308.50 309.50 306.50 306.50 Int. 1 R.S.S. August 306 50 307.50 303.50 304.00 Int. 2 R.S.S. 298.50
      351 words
    • Article
      Closing prices
      27 2 Rubber: June 14 Singapore: July: 305.50 cents (unchanged) Malaysia: July: 306.00 cents (down 1.50 cents) Tin: $1,985 (unchanged) Official offering: 212 tonnes (up 47 tonnes)
      27 words
    • Article
      Straits tin
      55 2 THE STRAITS tin price in Peaaag yesterday steed uAchanged at a picul. The steady sentiment was attributed to centinued European, US and local support and higher London *dvices, despite additional supplies of tin concentrates from miners, dealers said. Total turnover rose to 212 tonnes from ICS tonnes on
      55 words
    • Article
      Duty rates
      88 2 THE MALAYSIAN Minister of Finance has fixed these rates for the period from June 14 until further notice: Rabfcer: 303 J cents a kilo; Cepra: M 51.355.84 a tonne; Palm kernel: 1955.75 a tonne; White pepper: $4,474.28 a tonne; Black pepper: $2,937.38 a tonne; The rates of duty
      88 words
    • Article
      SSR and SMR
      125 2 NOONSSR and SMR pnc* yeaurday HAS J«ly Aafuit (Carreat Mlk) (Fa rwird Mtk) SSR20 Bayer* Seller* Bayer* Seller* (1 too pallet) 292-00 294 00N 292 00 294 OON SSR 50 11-ton pallet) 288 00 291 00N 289 00 291 OON MBELB SMRCV 11 too pallet) 32a 00
      125 words
    • Article
      Hongkong Comex
      161 2 THE SUGAR futures market yesterday closed firmer with gains of 0.02 to 0.12 US cents, dealers said. Trading remained quiet and featureless with no trades registered as on Wednesday, while the day's spot sugar price rose 0.10 to 8.10 cents. Cotton trading closed easier with losses of 0.40
      161 words
    • Article
      Textiles
      196 2 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) Cattn yan: China Blue Phoenix 20s 2.325 32* 2.820 40t 3.035 (per bale ot 400 lbs). Piece pifc: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq. Flower and Butterfly
      196 words
    • Article
      LONDON MARKETS
      648 2 COFFEE: Coffee traders yesterday said unconfirmed market talk of a possible frost in the coffee growing area of Parana, although denied by some leading trade houses, fuelled a nervous market shortly after the end of the opening call. This talk sparked a fresh bout of nervous short-covering operations
      648 words
    • Article
      Rice
      337 2 SINGAPORE: Yesterday's closing prices in St per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.96. 100 per cent second class 0.85. 100 per cent third class 0.80, 25 per cent new crop no stock. B-10 per cent 0 70 THAI BROKEN: A-super 0 62.
      337 words
    • Article
      Soybean
      191 2 CHICAGO soybean futures closed B'4 to 13'2 US cents a bushel higher after late profit-taking eased prices off the daily highs on Wednesday. The early surge in prices came on heavy buying pressure and lack of sellers, traders said. They said the rally was a continuation of an earlier
      191 words
    • Article
      Wheat
      73 2 WHEAT futures in Chicago on Wednesday set new life-of-contract highs in all but distant July and closed just off the day's highs on late profit-taking. Prices were 14 to 18'/i US cents a bushel higher. Traders said the buying was spurred by continued export demand, local shortcovering and renewal
      73 words
    • Article
      Palm oil
      66 2 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Wed PrtilNi Malaysian 5* ffa bulk per tonne July 6621 r 667slr Sumatra 5* ffa bulk June 682'.sir 687 .sir July 675slr 680slr August 672 '.sir 675slr September 665s lr 670slr Nigeria 5* ffa bulk
      66 words
  • ASIAN STOCKS
    • Article
      Lock icon Resources-related issues lower
      595 2 Tokyo Source: DBS-Daiwa MOST resources-related issues retreated because of shortterm trader caution One Japanese mutual fund which had recently set up a new fund started to buy towards the close, placing limit orders mainly on medium-sized blue chips. In the morning session, high-quality stocks eased. Even energy-related
      Source: DBS-Daiwa  -  595 words
    • Article
      Lock icon Hongkong
      392 2 Source: SHK Sec Ltd WORRIED by continued fears of "dollar premium" selling, local sellers dominated the market yesterday morning and caused blue chips and property shares to ease again. By late afternoon the sellers seemed to have run out of steam and "cheap" buyers helped prices to rally. Rumours
      Source: SHK Sec Ltd  -  392 words
    • Article
      Sydney
      314 2 THE share market closed mixed with the latest increase in interest rates, for local and semi-government loans, depressing the industrial sector, dealers said. Market leader bhp fell eight cents to close at $9-08. ICI gained 11 cents to $2.33 and CSR closed 10 cents lower at ft.OS. JUNK M
      314 words
    • Article
      Lock icon Tokyo eases margin trading controls
      73 2 Reuter THE TOKYO Stock Exchange said it will ease margin trading controls over all stocks except 20 specific stocks from today to encourage the current sluggish market. It said the margin requirements will be lowered to 60 per cent without cash requirement from the present
      Reuter  -  73 words
    • Article
      Lock icon Manila
      150 2 Reuter Stock prices closed lower across the board as oils joined the downward trend for commercial, industrial and mining shares with turnover at 11.08 million pesos slightly above Wednesday's 10.07 million, dealers said. Unchanged issues included Baguio Gold, Pioneer, Seafront with the rest untraded. Reu- JUNE 14 Pesos Arofr
      Reuter  -  150 words
    • Article
      Selected indices
      65 2 FINANCIAL TIMES INDUSTRIALS Wednesday 488 9 Tuesday 501.4 Week Ago 516.9 DOW JONES AVERAGE INDUSTRIALS Wednesday 842.17 Tuesday 845.29 Week ago 835.50 LONDON DOLLAR PREMIUM Wednesday 39 < to 40'» Tuesday SO 1 to 50 '4 H.K.HANG SENG Thursday 540.79 Wednesday 541.00 Week ago 553.24 SYDNEY INDUSTRIALS Thursday
      65 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      204 2 Fine Lines* Solid Areas* Tones r PLAIN PAPER COPIER The Canon izeiBo ppc does it step by step for precise quality The Canon NP-80 is the world's first PPC to use a rubber roller in the development process of its copies. All precise details in fine lines, solid areas and
      204 words
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  • OVERSEAS
    • Article
      Lock icon End to wage, price spiral crucial to inflation fight
      392 3 UPI. THE struggle against inflation in America has reached a "critical crossroads," according to the US Council on Wage and Price Stability. Success in reducing inflation will depend mainly on avoiding a new "explosion" of the industrial wage and price spiral,
      UPI.  -  392 words
    • Article
      Lock icon UK unions call for anti-budget drives
      166 3 Reuter. AS shoppers bought frantically to beat impending price rises, British trade union leaders called for a propaganda campaign against the radical budget announced on Tuesday by Britain's new Conservative government. One militant union chief, Scottish Miners' leader Mick McGahey, declared his union would
      Reuter.  -  166 words
    • Article, Illustration
      Lock icon Tokyo pledge to push tariff reductions
      877 3 GREATER LIBERALISATION JAPAN promised to speed up tariff reduction measures that were approved last April in Geneva under the Tokyo round of trade liberalisation negotiations. Japanese Ambassador Takeshi Yasukawa told the Organisation for Economic Cooperation and Development (OECD) that his government will also endeavour
      UPI photo.  -  877 words
    • Article
      Foreign investments in America soar
      128 3 FOREIGN investments in US manufacturing firms, real estate and banks increased by 73 per cent last year, according to preliminary data released on Wednesday by the Commerce Department. The Commerce Department said foreigners completed purchases totalling an estimated US$5.7 billion in US businesses last year.
      128 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      699 3 ARRIVALS Service Local Operator Number Time From CPA CX710 1005 HLP GIA GA980 1030 HLP SLA SQ103 1045 KUL SLA SQ2L1 1045 HLP MAS MH605 1045 PEN/KUL GIA GA944 1055 PKU GIA GA908 1100 MES PAL PR501 1135 MNL SLA SQ63 1155 MNL GIA GA982 1200 HLP
      699 words
    • Article
      Lock icon POSSIBLE MALAYSIA, MANILA VENTURES
      118 3 AFP. VISITING Filipino investors have discussed three possible joint ventures with Malaysia. The leader of the Filipino trade mission which arrived in Kuala Lumpur on Monday, Mr Pascual Joson Jr. said the projects included the manufacture of marine products, agricultural implements, and mango processing. Further discussions
      AFP.  -  118 words
    • Article
      Airbuses for KL, Tokyo services
      303 3 MALAYSIAN Airline System and Japan Airlines will soon expand their capacities on the Kuala Lumpur-Tokyo route by substituting 707s and DC-% with wide-bodied jets. MAS will start operating five Airbus services through Hongkong from November, by which time two new A3OO Airbuses would have been
      303 words
    • Article
      Lock icon OMAN THREATENED
      93 3 Reuter MARXIST guerillas appear to be preparing for another effort to bring down the conservative Sultan of Oman, ruler of an area of vital interest. Diplomats familiar with developments in the region said the Popular Front for the Liberation of Oman began to regourp nnd reor- ganise its
      Reuter  -  93 words
    • WORLD IN BRIEF
      • Article
        Lock icon OIL LEVY RAISED
        566 3 Agencies. THE US House ways and means committee voted to toughen President Carter's proposed windfall tax on oil profits by raising the levy to 70 per cent from the 50 per cent proposed by Mr. Carter. The vote came after the committee rejected earlier proposals to set
        Agencies.  -  566 words
    • Article
      Chemical club ends meeting
      130 3 THE secaad rf iff sf the Aieti Chemical ladaatry Clah (AseaaCIC) heM la Jakarta time* Jaae 11 eaM ea Wedaeaday. The aext eeafereace will he heM la Peaaag. The eeafereace alse approved Malaysia'!) applieattea to Jria the dah, maHag Its Aaeaa eempailtlaa eampiete, after Itallaad's eatry
      130 words
    • Article
      Lock icon Jakarta rejects Japan's oil repayment plan
      288 3 AFP. THOUGH Indonesia vitally needs a hydrocracker oil refinery for the production of fuel oils for the domestic market, it could not possibly accede to Japanese proposals for repayment in oil in the event of Tokyo financing such a project in Dumai, central Sumatra.
      AFP.  -  288 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      47 3 I campM l T H V t K AG i M < tf k Cool, refreshing, lifts you up. Pink, light, doesn't knock you down. Only discerning palates can acquire this new taste sensation. Campari Took; Campari Soda Campari 7UP Campari Orange Campari You. Sole Agent FOOD LTD.
      47 words
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  • Article, Illustration
    'Onward into the Eighties': Chairman
    165 4 1899-1979 CYCLE CARRIAGE 80th ANNIVERSARY FEATURE On the occasion of the 80th Anniversary of Cycle Carriage, the Chairman, Mr Chua Boon Peng, says: 'It is ten years since Cycle Carriage, which started as a small family business, became a public company. Today, celebrating our 80th
    165 words
  • Article, Illustration
    K.L. Home of Mitsubishi
    23 4 Cyde Carriage Malaysia's eeatre for MltoaMahi Dhfefca Operatta— aa the Federal Highway ia Petaliag '»y» ahavrMOH, affieea aad warkshapa.
    23 words
  • Article, Illustration
    C&C HQ to move & launch new projects in the 80th year
    609 4 C&C HQ to move launch new projects in the 80th year "Cycle Carriage is marking its 80th year in business with three significant developments in Singapore," said its Managing Director, Mr Chua Boon Unn, yesterday. "We are moving out of the Orchard Road premises, which we have occupied since a
    609 words
  • Article, Illustration
    CCB extension plan for P.J. Complex
    100 4 Metfel Mintea the style «f externum to the Petollmg J»y* etOeem, alitmiM ami wiirtwpi campiex af Cycle ft Carriage Btataa* BcrM The CCB eMnlex to died at the Juettw «< Mm Barat ud the Fetferal Highway. Each day O——fc *f metertete tee it* symhei
    100 words
  • Article, Illustration
    Latest models at showroom
    32 4 A 0 lateat bmMi sf the »<!«.»«■» run nwheted hy CSC are dkplayed la aewly-4eeerated AtwreeaM it Petallag Jaya aai Ike Kaala shsir ream la Jalaa Taaaka A Mai
    32 words
  • Article, Illustration
    Expansion at Hillview
    68 4 toaete aad ywyf vctteto at fflUvtow, Stanpare, h a majer <P wUia. it ri—piffli tadttttea pravlM for M B mm at CftCh Leag Kee Baai The muview CMtve haa a Hear area ef *jm aaaare feel gtvtag adeaaate apaee fer aearly M werUag hays, la mom «f
    68 words
  • Article, Illustration
    Engines for the Railway
    30 4 A*eeg mghw haaiM by Cycle I Carriage Blataag ate tfceee to leeenetlve*. Here la aa MTV eaglae lifted eat to aerrtelag la wwfcifcif at Kiria Laapv.
    30 words
  • Article
    Scholarships at all levels
    402 4 AS PART of the programme to mark its 80th anniversary, Cycle A Carriage is offering in Malaysia and Singapore scholarships in technical engineering and business administration. These are in addition to annual awards for deserving students and grants for text books. Two scholarships are at the
    402 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      281 4 THE C&C GROUP CYCLE CARRIAGE LIMITED wholly-owned Subsidiaries are: SINGAPORE CYCLE A CARRIAGE COMPANY (INDUSTRIES) PTE LJMfTED Assembly and distribution of Mercedes-Benz vehicles CYCLE A CARRIAGE (ENTERPRISES) PTE LIMITED Retailing of Mercedes-Benz vehicles and distribution and retailing of spare parts Distribution and retailing of Mitsubishi vehicles and spare ports. GENERAL
      281 words
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      Page 4 Advertisements Column 2
      202 4 DAIMLER-BENZ AG SEND THEIR MOST CORDIAL CONGRATULATIONS TO CYCLE CARRIAGE ON THE AUSPICIOUS OCCASION OF THEIR 80TH ANNIVERSARY. IN THE COMPETITIVE WORLD OF SINGAPORE AND MALAYSIA, DYNAMIC CYCLE CARRIAGE HAVE ACHIEVED REMARKABLE SUCCESS. AND FOR OVER THIRTY YEARS THEY HAVE REPRESENTED DAIMLER-BENZ IN THIS REGION. WE ARE PROUD TO BE
      202 words
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  • Article, Illustration
    Assembling heavy vehicles for the region
    28 5 CMC IBM WW* en ehanfa cf heavy vehicle at assembly P' Mt I** Grsnp is aim engaged in the manufacture ef trailers.
    28 words
  • Article, Illustration
    Small general store has become group with net assets exceeding $128m
    1493 5 cycle Carriage was founded by the Chua brothers in Kuala Lumpur in 1899. It began business as the Federal Stores and the first members of the family involved in it were Chua Cheng Tuan and Chua Cheng Bok. They
    1,493 words
  • Article, Illustration
    Malaysian veterans of C&C in 80th year
    186 5 TWO VETERANS of CAC are in their 80th year Mr Choong Soh Chee, a Director of CCB, Kuala Lumpur, and Datuk Low Hooi Siah of Lowe Motors, C&C Mercedes-Benz dealer in Penang. Mr Choong has been a CCL Director for nine years and
    186 words
  • Article
    1,000 go to advanced training centre
    198 5 MORE than 1,000 drivers have passed through the Cycle Carriage Bintang (CCB) Heavy Goods Vehicle Advanced Driving Centre at Sungei Way, Selangor. There is a waiting list of more than 200. Opened in 1975, the Centre provides one-week courses wftiich are aimed at developing
    198 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      102 5 WISHING CYCLE CARRIAGE CONTINUED SUCCESS PROSPERITY ON THEIR 80TH ANNIVERSARY Mercedes-Benz Parts Stockists Cheap Chee Company tiang Yew Co. Re. Ltd. Min Seng Co. Pte. Ltd. Nanyang Motor Re. Ltd. Sin Lian Hong Co. (Re) Ltd. Tye Soon Co. (Re) Ltd. We are proud to be associated with Cycle Carriage
      102 words
    • Advertisement
      Page 5 Advertisements Column 2
      78 5 1899-1979 Congratulations Mitsubishi Motors Corporation congratulates Cycle Carriage on the occasion of their 80th Anniversary A MITSUBISHI MOTORS CORPORATION With BEST COMPLIMENTS to Cycle Carriage on its 80th Anniversary. 1899-1979 Mitsubishi Dealers Borneo Carriage Trading Company Limited Chuan Hiang Motors (Re) Ltd. A CONGRATULATIONS BEST WISHES TO CYCLE CARRIAGE ON
      78 words
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  • Article
    Forecasts desirable but not necessary
    450 6 THE STANDARD of financial forecasting and of forecast disclosure in Singapore are less than satisfactory. Some companies make no forecasts at all, leading to the conclusion that management must be as confused as shareholders. Others make forecasts that vary from the eventual result by a
    450 words
  • Article
    Take a leaf out of Pica's book
    300 6 SO MUCH attention has been placed on the role of government in support of small entrepreneurs that we are often in danger of forgetting that there is a source of assistance, bigger in some ways than the government and possibly more responsive, that
    300 words
  • Article, Illustration
    Lock icon Erratic showing for HK exports
    727 6  -  By V.G. KULKARNI Depthnews THERE WAS good news and some very bad news for Hongkong businessmen in the first quarter of this year and expectations for the second quarter appear to be equally mixed, judging from a survey conducted by the HK government. The quarterly
    Depthnews  -  727 words
  • Article
    Lock icon Freight frauds with a Mafia mark
    1296 6  -  So many sophisticated frauds are being perpetrated on the international shipping industry that a special branch of Interpol has been established. Some observers see the sinister hand of the Mafia in these multi-million dollar rip-offs". ROBERT MCDONALD reports. ROBERT McdDONALD FT IN DECEMBER 1976
    FT  -  1,296 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      99 6 Leading UK Manufacturing Company of Hampson Diesel Generator sets, machinery and general products seeks an AGENT capable of sealing at least Stg £1.5 million per year. Interested merchants please contact MB. T. HAMPSON SILK (CHAIRMAN) STAYING AT MANDARIN HOTEL from 17th June to 20th June 1979 inclusive. J JAKARTA BUSINESSMEN
      99 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1393 6 iTiV SaROTIO Armchair thrills IT'S the emi af the week far (hue fartaaate enough to werk I five <ay week sad, really, yea shouldn't caattaae to sit arwad after a whele week at year desk. Bat perhaps yea weald rather be a spectator la the eamfart ef year Hvlag ream,
      1,393 words
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  • Article, Illustration
    Lock icon Synthetic oil proposal
    967 7  -  GOVERNMENT-BACKED FINANCING By JAMES RESTON NYT THERE are not many miraculous new ideas in the United States for solving the energy crisis, but there is one old idea that is beginning to get thoughtful consideration among some influential members of the executive branch, the Congress and the
    NYT  -  967 words
  • TRADE AND INDUSTRY
    • Article
      Cheaper Indian cotton fabric to woo buyers
      412 7  -  By RAHIM KASSIM OFFICIALS from the Indian Textile Export Promotion Council were in Singapore in the last three days to encourage local textile and garment manufacturers to look to India as an alternative source for the supply of cotton fabric and yarn. They
      412 words
    • Article
      More Japanese scholarship offers
      389 7 THE Japanese Government is allocating more scholarships to Singapore under its training scheme for developing countries in the 1979/80 fiscal year. A total of 129 places will be offered compared with 116 last year and 96 in 1977. The courses include subjects in the technical and
      389 words
    • Article
      On heat treatment
      37 7 SOON Hing Engineering is holding a seminar on heat treatment of alloy cold work steels at the RELC Auditorium today. It will be conducted by •Mr H. Lindow, the Southeast Asian delegate for VEW-Austria.
      37 words
    • Article
      GERMANS ARE SEEKING MARINE PARTNERS
      526 7  -  By GOH ENG KEE AROUND 20 West German marine equipment manufacturers are interested in establishing representation in Singapore and some are already in the process of appointing their representatives or agents. They include several leading manufacturers in West Germany, said Mr Wilfried Brune. managing director
      526 words
    • Article
      FIVE SEMINARS
      141 7 CONSULASIA, a financial and management consultant firm in Singapore, is sponsoring five business management seminars at the Hilton Hotel next month. Corporate Planning, a two-day seminar dealing with the formulating of company plans and reactions to crisis situations, Mil be held from July 3. Costing for Management, scheduled
      141 words
  • Article
    JUST HOW DEEP A RECESSION?
    769 7  -  FORUM with JOHN DRYSDALE WHEN West Germany puts up the bank rate the portents are not good, especially at a time when the industrialised West is looking to Germany and Japan to take the lead from the United States in accelerated growth. The reason is
    769 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      966 7 LIAN HUAT HANG FINANCE LIMITED (Incorporated in the Republic of Singapore) Balance Sheet As At 31st December, 1978 1.846.464 10.000 56.139 77.940 SHARE CAPITAL (NOTE 7) Authorised 10.000 Shares ot $100/ each Issued 1 Fufty Pari 6 OOCShares ot >100/ each Slatutory Reserve Fund (NOTE 8) Capital Reserve fund (NOTE
      966 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      30 7 'BCiStou OF v iw¥ v V*££: r-r /JONCS Y\JL 8G DOuiM PYT J UP»HTS pr\e I'm occ \r^ Vrpooßy. LC&J f i n Ty-^ 0 VHJLX&Vfc—) V >pv\T fa<s r^e
      30 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        280 8 JUNE 13 Krs CORBEILLE Air-Liquid? 401 80 68 B S N Gervais Danone 622 32 1' S K (Thomson Csf) 365 1 O Krancaise des Petroles ***** ♦1.6 Compagnie financier* Compagnie Generale 386 -0.5 Credit Koncier I* France 473 3 Hachette (Librairie) 249 10.1 Machines Bull 5*15 1.05 Michehn
        280 words
      • Article
        Frankfurt
        225 8 JUNE 13 Dm Aef-Telefunken 5020 18 Ak to 26 40 -0.1 Allz Lfbtn Allz Vers Z RASK 135.80 -0 2 Bay H T Wbank ***** Bay Vbank 266 50 15 Bayer ***** -03 BBC 261 00 1 BMW 203 00 Cassella 355 00 4 Chem Verw 255 00 4
        225 words
      • Article
        Brussels
        96 8 JUNE 13 Fn FORWARD MARKET Acer 440 10 Arbfd 2530 -15 A.st a r 610 unch Brascan 634 -4 Bru-Lamb 1780 5 Canpac 860 10 Cock MO 2 De Be«rs 259 unch Ebei 2215 -15 Elect robel 0910 unch Gb-lnno-Bin 2650 -s Gev 1254 2 Hobok 3080 unch Peiro
        96 words
      • Article
        Amsterdam
        202 8 JUNE 13 Ms ABN Ahold 345 00 -1 93 00 1.8 Akio 28 60 01 AMEV 87 20 0.9 Amfaj 108 00 2 Amrol Bank 8980 -0 1 Bergoss 58 50 05 Brrk 96 80 unch BoU 6300 19 Borsumg 160 00 1 Bufnmann 8000 01 Byenkorf 7100 0.5
        202 words
      • Article
        Zurich
        195 8 JUNE 13 htinci Anion* suuin 2905 I'.Alusuisse Br 1245 30 Alusuisse Reg 483 6 Brown Boveri Br 1730 30 Ciba (ifny Br. 1200 35 Ciba Guj) P C 1025 15 Cibu Grigy Ref 905 2 Credil Suisse Br 2160 IS Credit Suisse Reft 415 1 Elektrowatt Br 1885 *10
        195 words
      • Article
        Milan
        109 8 JUNE 13 Lire Any 32 uneh Assoc Gen ***** -60 Bastofi 795 16 Central* 5035 50 rial 2675 uneh 1- insider ***** 4 75 Gen lmmob 86 75 125 IF! Pit 2270 uneh I Ui Icemen u ***** 00 I taigas 710 10 Itaisider 400 1 Magnet) M Pf
        109 words
      • Article
        TORONTO
        206 8 JUNE 13 C$ 1S~» Alcan 43 Algoina 30 unch Bank Mont 22 Bank Nova Scotia 22'. Bell Tel 22 Beth Corp BP Can LI4 28 unch Bra*can 24 'i Camp R«J Lak* Can Imp Bk 25* Canpar 32 unch Canpar In* Pf 16' B unch Carting 0'K**le Comineo Cons
        206 words
      • Article
        JO'BURG
        287 8 JUNE 13 Rand INDUSTRIALS A Alpha 155 •5 228 AE And CI 435 unch A MIC 1475 5ft) 620 5 CNA 260S Cum* Finance 86 unch L> Beers Ind ***** -100 Eve ready l-ed V oik 203S 275 Hippo 300 LTA 225 unch M And R 355 65B unci)
        287 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      579 8 See Page 2 for Asian stocks See Page 9 for NYSE prices Where to wine, dine and entertain The American Express Card serves you wherever they serve great food B5 /> 3** For lunch. For dinner. For a richly rewarding experience. Am. > I.tinch Mond.n K.'-Mf*- Satu! i.v. v v
      579 words
    • Advertisement
      Page 8 Advertisements Column 2
      263 8 M r»Y r •>, >' 4 i M Everyday is a big house a"air for us Because each day is another ne.v -opportunity to perfect our service to you Service by which you remember us Savour, specialities 'or the choicest pick Anc! that truly reia*ed atmosphere .vhich eating a deiigntfji
      263 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Iran keeps bankers baffled on ownership
      535 9 AP BANKERS in Iran, both local and foreign, appear to be mystified about the intentions of the government in the wake of last week's highly publicised nationalisation measure. "We still don't know whether the government intends to take over the assets of the banks,
      AP  -  535 words
    • Article
      Lock icon Official gold sales at a peak
      191 9 Reuter SALES out of official gold stocks last year, at 325 tonnes, were the highest since the official gold pool arrangements ended in March 1968, the Bank for International Settlements said in its annual report. World gold production last year totalled 968 tonnes, virtually
      Reuter  -  191 words
    • Article
      Income to launch bond campaign
      499 9 INCOME, the National Trades Union Congress (NTUC) cooperative for insurance, will launch a campaign next month to popularise its Income Bond policy. It will approach a wide cross-section of potential buyers including professional people and expects to sell about $2 million of bonds by the
      499 words
    • Article
      Lock icon ISRAEL CALLS FOR M-E FUND
      125 9 Reuter THE governor of the Bank of Israel, Mr Anion Gafny, on Wednesday proposed the creation of a US$3O billion (SS66 billion) fund for Middle East development. Such a fund would help economic development of the region to go hand-in-hand with Israeli-Egyptian peace efforts, he
      Reuter  -  125 words
    • Article
      ABS to hold sixth AGM
      57 9 THE ASSOCIATION of Banks in Singapore will be holding its sixth annual general meeting at the Jurong Room of Shangri-La Hotel next Thursday at 12.15 pm. Mrs Elizabeth Sam, chief manager of the Monetary Authority of Singapore, will be addressing the members at the luncheon
      57 words
    • Article
      Lock icon Philippines and Turkey will get IMF credits
      557 9 AP Reuter. THE International Monetary Fund (IMF) announced on Wednesday that it will lend the Philippines nearly US$l9O million (about SJ42O million) to help its beleaguered economy. The funds will be used by the Philippine government to support an economic programme "aimed at
      AP; Reuter.  -  557 words
    • Article
      Stock prices weaken
      1157 9 NEW YORK STOCK prices pulled back in active trading on Wednesday after strong gains on Tuesday as merger and other corporate news provided most erf the interest. Tuesday's advance grew out of a prime rate cut to 11'/i per cent from 11V4 per cent by Morgan Guaranty.
      1,157 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        479 9 THE US dollar closed marginally weaker against most major currencies yesterday. Activities were confined to the yen counter. Trading against the deutschemark was exceptionally quiet. Against the yen, the US dollar took off on a rather firm level of 200.60/75. It was then traded up to 221.10/20 by
        479 words
      • Article
        Hongkong
        145 9 CURRENCIES yesterday traded almost unchanged from their morning levels in quiet late dealings here, with operators adopting a wait-and-see attitude, dealers said. The US dollar was quoted at 1.9100/10 marks compared with 1.9106/15 in early trading and 1.9100 06 in New York overnight, and at 220.75/86 yen against 220.50'
        145 words
      • Article
        London
        233 9 STERLING and the dollar yesterday held steady to firm in trading subdued by the Corpus Christi holiday in Germany and other Continental countries, dealers said. The pound firmed from its opening indications, which were steady on Wednesday night's close here, although its trade weighted index was 0.1 down at
        233 words
      • Article
        Gold
        317 9 SINGAPORE gold futures yesterday closed generally higher compared with Wednesday night's closing in fairly moderate trading, dealers said. Opening quotations were marked up between US$3.lO to $3.40 reflecting the overnight firmness in New York and the market later held steady during the morning's trading before easing marginally in the
        317 words
      • Article
        Asian $ rates
        189 9 Asian rates ASIAN currency deposit interbank rates as at close on June 14: US DolUrtlSpoO Offer Bid 7 days 10 7/16 10 5/16 1 months 10'; 10'. 2 months 10': 10». 3 months 10 10 6 months 10 10'• 9 months 10'. 10 12 months 10'. 10 Sw.Fr*. Da*. (Middle
        189 words
      • Article
        Discount
        55 9 RANGE of prices offered by d count houses on June 14: Overnight 4^1'* Call deposits 4' t'« losing Bayiag Selliif 1ST.: •M. J**---3 month Treasury bills 4 11/16 4 9/16 3 month Bank bills 7 7/16 7 5/16 3 month CD 7 6"« 6 month CD 7'. 7 g?
        55 words
      • Article
        PLR
        21 9 THE average rale at. which Singapore' banks are currently! prepared to lend to' their best customers! is 8 per cent.
        21 words
      • Article
        Tokyo
        149 9 THE US dollar for overnight delivery yesterday closed slightly firmer at 220.70 yen, compared with a 220.60 opening and 219.85 at Wednesday's close, dealers said. Trading was moderate with volume US$5B7 million. No central bank intervention was detected. The rate rose briefly to the day's high of 221.20 yen
        149 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      144 9 PENGUIN BOOKSHOP RUNNERS HANDBOOK E Runners HANDBOOK KISHNERS HANDBOOK *UNN£l£ H+NOOOOK Vim DO Runn&S The RUNNER'S HendhooM r-r V* m*. m m m WM mm X Here at last is The Runners Handbook, a complete Fitness guide for Men and Women. Whether you plan to jog a mile or two
      144 words
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  • Article
    DEALS DONE ON THE SES AND KLSE
    1265 10 In Singapore BID and offer prices officially listed and business In and reported 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
    1,265 words
  • Article
    Unit trusts
    169 10 SINGAPORE UNIT TBU W INCOME BOND UNIT (MiMgtn' >H— itor Jm M) (Carnal pr less) 1.17 The Commerce 2 L3 2.2Sxd Income Bond 111 The Saving Fund 1* 1« S pore Prog Fund 0 99 105 S pore See. Fund 1.84 U5 S pore Invest Fund 1 34
    169 words
  • Article
    SHARE INFORMATION SERVICE
    2540 10 Gr'» Gr"a Net 1979 Last Div Div YTd P/E Vol Day High Low Coapu; Sale or- Or COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Aetna 244xd -1 15.0 25 6.1 125 2 244 243 190* 123* Alcom 179xd 10.0 15 5.5 23.8 142 110 Allied
    2,540 words
  • Article
    Government bonds
    171 10 4 1/** 1/8/80 (250.000) (*****) 4 3/4* 15/9/80 (250.000) (99 658 99.758) 5 5/4% 1/8/78-80 (250.000) (100.758 100.858) 5 1/2* 1/5/78-81 (250.000) (100.358 100 455) 5 5/4* 1/8/78-81 (250.000) (*****8 *****6) 5 1/2* 1/5/81 (250.000) (100.05B) (8) 100 15 5* 15/4/81 (250.000) (*****) (12 99 70 5* T
    171 words
  • Article
    In Kuala Lumpur
    1399 10 BID and Oder prices officially listed and hminrss in and reported to the Kuala Lumpur Stock Exchange yesterday with the number at shares traded shown in brackets in Ms of 1.000 units unless otherwise specified INDUSTRIALS AJawiU (2.828 3.005) Aleem (1.858 1 90S) (1) 1 85 xd
    1,399 words
  • Article
    COMPANY MEETINGS
    367 10 Allied Chocolate IMastrtes Ltd: AGM to be held at 481. Tanglin Halt Road, Singapore at 11am on June 15. GoM Cola Ltd: AGM to be held at 6th Floor, Denmark House, Raffles Quay, Singapore at 12 noon on June 15. Kiags's Hotel Ltd: AGM to be held at
    367 words
  • Article, Illustration
    Prices easier in very light trading
    706 10 SHARES (Mttiied to move oa an easier bins In very tight trading en the Stock Exchange of Singapore yesterday. The patten «f trading was similar to that of the previous day, except that the extent mt tosses was narrowed down considerahiy. At as time
    706 words
  • Article
    KL recovers slightly
    477 10 WITH much of the selling pressure expended during the two-day correction, prices recovered slightly to close mixed on the Kuala Lumpur stock market yesterday. Trading was generally light and selective, reflecting continued caution of most market operators. With most traders remaining on the sidelines, total turnover dwindled
    477 words
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  • COMPANY NEWS
    • Article, Illustration
      Costs plague Wearnes
      651 11  -  By CATHERINE ONG COST PRESSURES and intense competition in the Malaysian car market have been slowly eating into the profit margins of leading motor company, Wearne Brothers. So much so that even a slight increase in overall turnover in the first six months ended March 31,1979 failed
      651 words
    • Article
      Lock icon A steal in steel
      306 11 mm® by HOCK LOCK SIEW IN BOOM sr is slump, nnmn of takeovers of pablirly listed computes have always drawn bullish reactions from the Singapore share market. Speculative syndicates are very mack aware sf tkis jut as they are «f the readiness of the small pasters
      by HOCK LOCK SIEW  -  306 words
    • Article
      DIVIDENDS ANNOUNCED
      777 11 Current Ex Books Date Total for Total for Pay ment Date Cloae Payable the year Previous year P Prod 10%(b) May 25 Jun 6 Jun 16 10% 6%(a) Aetna I5%(b) Jun 5 Jun 12 Jun 20 15% 12% Island ft Pen 10%(n) May 22 June 1 June 20
      777 words
    • Article
      SCRIP ISSUE
      128 11 Particulars Ex Date Books Close Olympia Oriental HM(i Mai Floar Spore Glass Yeo Hiap Seng Bonus Issue of 1 for 2 Bonus Issue of 8 for 5 Bonus Issue of 1 for 2 Bonus Issue of 1 for 5 Bonus Issue of 1 for 3 Rights Issue of
      128 words
    • LATEST RESULTS
      • Article
        KUALA Lumpur Kepong Bhd:
        90 11 Group pre-tax profit for the half-year ended March 31. 1979 of MJ27.21 illion compared with $17.27 million the previous period, on turnover of 168.96 million (155.58 million). Average selling prices of rubber (F. 0.8.) was $2.56 per kg (12.13); Palm OU (F. 0.8.) was $1,364.84 a
        90 words
      • Article
        KUNDONG Tanjong Pan Co. Bhd:
        60 11 Pre-tax profit for the year ended Dec 31, 1978 of M 51.77 million compared with $1.70 million the previous corresponding period. The directors recommend a final dividend of 25 per cent, which together with the interim dividend of 7 per cent, makes the total distribution
        60 words
    • Article
      BOLTON PROFIT DIPS
      627 11 BOLTON Properties can now count on profits from sources other than its Taman Midah housing scheme to see it through the current year as well as the future. For the year ended December 31, 1978, the company reported a 41 per cent fall in pre-tax profit to
      627 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      1019 11 FAR EAST FINANCE ORGANISATION LTD. (Incorporated in the Republic of Singapore) a BALANCE SHEET 31st DECEMBER, 1978 (in Singapore dollars) 1977 2,000, J 05 85,218 434.000 358.230 SHAREHOLDERS' EQUITY: Shore capital (Note 2) Capital reserve (Note 3) Statutory reserve (Note 4) Unappropriated profit $2,877,553 Shore capital and reserves 376.122 412,350
      1,019 words
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  • Article
    Pica to raise investments in S'pore
    403 12  -  By LEE YOKE MENG SINGAPORE and Malaysia have become the priority areas for investments of Private Investment Company for Asia Pte Ltd (Pica), the Singapore-based subsidiary of Pica SA, a multi-na-tional private development finance and investment company. The company is currently planning to embark
    403 words
  • Article, Illustration
    Lock icon Presidential pronouncement
    55 12 THE front page of Wednesday morning's New York Post newspaper carries a banner headline on President Carter's comment quoted by two Congressmen as saying at an earlier White Honse dinner that if Senator Edward Kennedy (shown on the left) runs for the Democratic presidential nomination, "I'll whip his
    AP photo  -  55 words
  • Article
    Lock icon U.S. ALLAYS WAR FEAR
    236 12 AP, Reuter. ALTHOUGH the fighting in Indochina threatens to spill into Thailand to which the US has pledged its support, there should be no "excessive concern" of American involvement in another war, a US State Department official said on Wednesday. Assistant Secretary of State Richard Holbrooke
    AP,; Reuter.  -  236 words
  • Article
    LONDON STOCKS
    782 12 LONDON, Thurs. Equities were lower in moderate selling today, prompted by concern over inflation prospects and adverse trade union reaction to Tuesday's Budget, dealers said. At 3 p.m., the Financial Times index was down 12.7 points at 476.2. Government bonds were easier with long-dated stocks down as much
    782 words
  • Article
    Lock icon Aussie worker anger threatens to boil over
    209 12 UPI. WIDESPREAD disrnptten threatens Australia! Industry as worker resentment grows against the arrest «f alae trade aalea officials whe participated hi a meeting earlier this week la Pllhara, the Iraa •re mlaiag reglea of Western AastraUa. All alae men were charged with nddrrawlag
    UPI.  -  209 words
  • Article
    Lock icon June 25 date for DC-10 aircraft
    131 12 UPI. DC-10 aircraft in America will probably stay grounded at least until June 25, federal officials indicated on Wednesday. The Federal Aviation Administration has asked a federal judge for a delay until at least that date for a hearing on his temporary order grounding
    UPI.  -  131 words
  • Article, Illustration
    Lock icon THIS SIDE OF THE WALL
    104 12 PRIME Minister Lee Kuan Yew looking over the Berlin Wall into the Potsdamer Platz in East Berlin on Wednesday during his two-day visit to West Germany. Mr Lee's next stop in his European tour is Belgium, where he will have talks with Belgian and European
    UPI photo  -  104 words
  • Article
    Lock icon China's economic failings delineated
    755 12 UPI, AP CHINA is ridden with a US$lO billion (Ss22 billion) deficit because of pay increases, over-investment in industries and random payments of incentive money last year, a Hongkong newspaper yesterday reported Chinese Vice Premier Li Xiannian as saying. Mr Li, China's top economic policymaker and
    UPI,; AP  -  755 words
  • Article
    Communist clergyman
    167 12 PHILIPPINE Defence Minister Juan Ponce Enrile said in Manila on Wednesday the link between communist rebels and some clergymen had aggravated the communist threat in the Philippine^. Mr Enrile said in the long run the underground communist party and its guerrila army posed a "more serious" threat than
    167 words
  • Article
    Lock icon Call for national service in Malaysia
    155 12 Reuter A CHINESE-based party in Malaysia's coalition Government yesterday renewed its call for national service in the face of dangers from Indochina. Gerakan Party deputy president Lim Keng Yaik said in view of the threat of external aggression to Malaysia through neighbouring Thailand, every
    Reuter  -  155 words
  • Article
    Meeting on energy conservation
    96 12 THE Public Utilities Board (PUB) has invited 247 industrial concerns to send representatives to a meeting on 4th July to discuss energy conservation methods. This will be the third and final in a series of meetings with the major users of energy. Last month the PUB
    96 words
  • Article
    SICC AGM on June 19
    82 12 THE SINGAPORE International Chamber of Commerce will hold its 142 nd annual general meeting on June 19 at the Jurong Room, Shangri-La Hotel. Dr Ahmad Mattar, Minister for Social Affairs and chairman of the Vocational and Industrial Training Board, will be the guest of honour
    82 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      168 12 history of making our depositors' savings grow The history of Lombard North Centra) goes back more than 100 years. So it's really no surprise that our steady growth has made us an important name in British banking and finance. Individuals and institutions the world over make their money grow by
      168 words
    • Advertisement
      Page 12 Advertisements Column 2
      3 12 Leader Page I
      3 words
    • Advertisement
      Page 12 Advertisements Column 3
      77 12 m I CANADA TORONTO "THE MASTERS" ■I Distinguished Residence. 1 -2-3 bedroom suites Prices from: $55,000 Canadian Funds Developer with give 5-year rent guaranty. For information contact: In Hong Kong: Montpelier International Properties 305, Fu House, 7, Ice House Street Tel: 5-*****1 In Singapore: Bellian Securities Tower 2101 A DBS
      77 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      63 12 "WEATHER Outlook for Singapore from 6 a.m. to 1 p.m. today: Isolated showers in late morning. Report for 24 hoars prior to 7.31 p.m. on Jane 14 at the airport. Maximum temperature 29.7 Associated humidity 79 Minimum temperature 23.5 Associated humidity 97 Hours of sunshine 1.95 Rainfall in millimetres Nil
      63 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Shipping conference
        88 13 A TWO-DAY shipping conference on the developments of the marine industry of Latin American countries will be held in Rio de Janeiro on October 10 and 11. The conference, presented by Seatrade Publications Ltd, will coincide with the week-long Riomar International Shipping Exhibition starting from October 8 at
        88 words
      • Article
        Belgian merchant fleet
        63 13 THE Belgian merchant fleet increased in size by some 72,000 gross tonnes during 1978 despite a reduction in the number of vessels, figures in the annual report of the Belgian Shipowners' Association reveal. At the end of 1977, the fleet comprised 81 vessels totalling 1.49 million grt
        63 words
      • Article
        Lock icon Shipsales
        87 13 Reuter SECONDHAND tonnage brokers reported tweendecker Plainsman, 11,953 long dwt built in 1959, sold to Greek buyers for around U*****,000 (Ssl.4 million) and bulk carrier Sea Zephyr 16,895 long dwt built 1972, to Greek buyers for $4.5 million, also bulk carrier Luciana Delia Gatta, 21,969 long dwt built 1961,
        Reuter  -  87 words
    • Article, Illustration
      Shiprepairing is on the rebound
      553 13  -  By GOH ENG KEE THE SHIPREPAIRING industry is on the rebound and should benefit both Singapore and Hongkong shipyards, which tend to complement rather than strictly compete with each other. This optimistic view was expressed by Mr David Hall, managing director of Hongkong United Dockyards
      553 words
    • Article
      Lock icon London freight market
      192 13 UPI JAPAN Line paid Ike US$l.95 firmer rate of $18 (discharge tree) to Ike balk-all earrler Sibaea far a 55, Ml tea June eaal haul fram Hampton Roads ta Japaa. Other very thin North Americaa vayage fixing la rinded the Steelmet fixtare of the Mary Lisa with
      UPI  -  192 words
    • Article
      Shippers plan standard Asean format
      378 13 SHIPPERS from the five Asean countries are expected to come up with a standard format as an instrument for negotiations with shipping conferences when they meet in Singapore next week. The format will be presented to shipping conferences that opertate in the region. It will
      378 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2143 17 SCHEDPLE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      2,143 words
    • Article
      INDEX
      526 17 Shipping LJie ACS Afea Alfred Alpac Angkutan ANL APL Arya Nat ASCL Aust.Cont n IV V IV V I m n m IV CM 5 3 4 5 3 1 2 5 S 5 Bank BBS Ben Asia Ben EAC Ben N Ben Ocean Bienley Blue Funnel Blue Star
      526 words
    • Article
      Container Schedules
      955 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the
      955 words
    • Article, Illustration
      Lock icon Japan cuts its subsidies
      1234 18 Lloyd's List THE JAPANESE government is hoping that it can halt the decline in the country's merchant fleet by making the national flag more attractive to shipowners and by discouraging the use of foreignregistered tonnage. The strategy is neaily summed up in the latest White Paper
      Lloyd's List  -  1,234 words
    • Article, Illustration
      Manila to launch plan in 1980
      925 18  -  INTER-ISLAND SHIPPING By RAHIM KASSIM THE GEOGRAPHY of the Philippines, like that of Indonesia, makes inter-island «Atpp*» g the most important mode of transport to facilitate the movement of cargo as well as people. As in the Indonesian ease, the trade in the Philippines
      925 words
    • Article, Illustration
      SHIPS IN PORT
      310 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Seta war (1830) 18 Golden Sea 707 (Tanker) (after President Adams subject gas free P/O) 13/14 Kota Gahah (0700) 10/11 Lyudmila Stal (0600 P/O) 15/16 Nancy Lykes (after Ocean Strength) 47 Ocean Sincerity (after Shinko Maru sails) <V 7 State Of
      310 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      330 13 <=£ 0Q Europe Our Next Loader Port Kelang: HI Singapore: *9/6 For further details, see page 3 I \ll .1 \R I) I\ I ms 4 Orient Overseas Co*iUu*teA Line FULLY CONTMNERISED SERVICE TO EUROPE (VIA SUEZ) Sparc r< »f7» CXYM.O PMI 164 in pod 17/6 KFTWt fIM 154* 77
      330 words
    • Advertisement
      Page 13 Advertisements Column 2
      325 13 H m 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 t In Muscat (25/6). Duba. (27/6). Abu Dhabi (29/6). GON 8/9 o° ha '1/7). Bahrain (4/7) Dammam (6/7). Kuwait
      325 words
    • Advertisement
      Page 13 Advertisements Column 3
      331 13 NOL NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE 'Mi 29 t»" 19 My F slo«* Hpw» RdKK H byff Br«n Aaftrp (My 2My 3My SMy 6My BMy 13 My 9My 10 My 12 My 13 My is My 19 Mr IS Mr 16 18 Ml 19
      331 words
    • Advertisement
      Page 13 Advertisements Column 4
      705 13 Australia Our Next Loader Port Kelang: 21/6 Singapore: For further details, see page 3 MAERBK LINE Maent Map Maenk PMo Maera la* MamA Ni Macrtf Ml i..in m. i .ra..i<ngiri LTTZ2 C=J C 33 CZZ3 E=l ESS 'I'll'Mi iia .'.u I 111 <13 ARTHUR MAERSK lOC East As»a iHongkong U(4T
      705 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      750 14 FUILT CONTAROISfD TO EUROPE EXPORTS TMyoßay Cardfcan Bay lot*) Eipreu Eke Mara Ouka Bay Liverpool Bay Hambivf Eipreu EXPRESS CONVENTIONAL TO EUROPE Spore P Ketanf Pen Bfc* Sophie Rickmers 15/6 24/6 Pari Rickmers 20/6 24/6 19/7 Genoa Ifbwf Bremen (dam Antwerp 5/7 21/7 11/7 16/7 14/7 13/7 30/7 28/7 25/7
      750 words
    • Advertisement
      Page 14 Advertisements Column 2
      496 14 barber blue sea Barber Blue Sea Wl From: US ATLANTIC US GULf EAST CANADA lurtef Taf I T» SINGAPORE Mil MM 1 V< 1 A* H Pet Ketone MM M 30 Penanf -1 e tafcjrtl **5 Labuan jq •Next Arrival: "N.J. PATER AS" June 19/20 at e BARBER LINES TERMINAL
      496 words
    • Advertisement
      Page 14 Advertisements Column 3
      540 14 EVERGREEN LINE FAR EAST FUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP LE HAVRE ALSO ACCEPTMG CARGO FOR UMTEOKMGOOM SOUTHAMPTON. LONDON. MANCHESTER. BWMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY 6KMERWWEK HOLLAND AMSTERDAM S pan fihilm trttartoai Aahmp It H>«ri l«« V*> lb tm M IM 11
      540 words
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      Page 14 Advertisements Column 4
      934 14 1 Everett Lines/ 1 I*. Burma Frvt Star Shinpini Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON BF SSC Agents m Moloywo TEPS MALAYSIA Port Ketooq Tel (381-7355 Penong TH *****/***** Compania Argantina Da Navapadon Intarcontinantal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOADMG FOR DURBAN. CAPETOWN, BUENOS ARES Snfapore P.
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      Page 14 Advertisements Column 5
      600 14 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21STR00R MARINA HOUSE SHFNTON WAY MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****70 131 SANKYO LINE AUSTRALIA SERVICE KYOSQ MMNJ THREE STAR MAYSKY P. Keiang Smgapore L oaring tar: In Port 21/23 turn SYD. MEL. ADEL 18/20 km 16/17 June WIS
      600 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      742 15 ***** 1 m f av« Overseas B I Containers Limited Weekly service to/from UK/Europe To UK/Continent C arAgan Bay X In T«A» Eipress 71 la E»e Ham Outi Bay IM Lwerpaol Bay 11 M BnnM«r II M Haatvg Eipress 25 M Bmi«r 4 h| TMyo Bay 12 Hut Cardigan Bat
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      Page 15 Advertisements Column 2
      959 15 GRANARD LINE RELIABLE t DEPENDABLE NON-CONFERENCE EXPRESS SERVICE WEST BOUND-FAR EAST/MEDITERRANEAN S'pr* PKetanc Ptnang M.V MAN MNG V77W 70 tan M.V. MAN FUNG 2IW MM 17 to M.< KWONG FUNG V 29N 30 to teddah P Sad Barirt/lattah ML KSSELS ACCEPT* CONTUCH CARGO EAST BOUND-MEDITERRANEAN/FAR EAST M.V. MM FUNG V.2IE.
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      Page 15 Advertisements Column 3
      611 15 BEN LINE CONTAINERS EXPRESS CONT MO SERVICE TO/FROM EUROPE FROMEUMPfc H'BURG B'HAVEN T* Germany/Austria Eke Mara bM SaM LnmrpoMßay SjM SjM R'DAM HAVRE SO TOW Bcndn France M UK PMj*t SaM SjM l»/6 SjM a/I 15/6 4/7 29/6 hr mm. 23/ i HR. BU. rem IPN, BU 4/7 hk. ram
      611 words
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      Page 15 Advertisements Column 4
      363 15 Scan Dutch 9 EKLY EX tn i: i aw EASTBOUND FROM MED/UK/NC/SCANPINAVIA l) GM| 2) *bw, 3) B*n 4) ftdaa S) LcH 6) Vxin 771 WO MOUTH** SaM SaM SpM SaM SaM SaM ,g BUNG* PIMM SaM SaM SaM SaM SaM SaM ij, KD Kin SaM SaM SaM SaM SaM
      363 words
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      Page 15 Advertisements Column 5
      727 15 BOUSTEAD SHIPPING AGENCIES THE BANK LINE LTD. LOADS FOR E. fc S. AFRICA FANEROMEM (Reunion Durban Ctown ft E Ltfn) S pore 12/16 Aug P Aelang 17/19 Aug FROM EAST I SOUTH AFRICA A ICSSEL Penang P Keiang FOR BANGKOK MAMA Spore Mr U.S. GULF COAST SERVICE (New Orleans, Mobie,
      727 words
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  • Page 16 Advertisements
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      1051 16 K LINE KAWASAKI KISEN KAISHA. LTD. FUROPE EXPRESS SERVICE TO EUROPE Spore P Kelang I Havre Rdam H'burg Bremen Awerp 2 Inly 3My 9 July 10 taly IS My 16 My 20 July 21 My 6My gMy 13 My IS My 19 My 71 My 24 My 26 My (accepting
      1,051 words
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      545 16 U.S.A./EAST CANADA SERVICE Pffimf Bctawa* E.C./GREAT LAKES SERVICE l OAMK FOR: NEW TOM. NORfOU MONTH At.. TOMNTO ■mm itr <c -»«B»" 15/10 M» 11/10 An 13/14 Mr 11/1? Mr 13/14 M| 11/12 M| CALFORMA/PACFIC NORTH NEST SERVICE L#*fa» tar: LOS ANGELES. SAM FRANCISCO. SEATTLE TACOUA VANCOUVER B C "S O
      545 words
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      Page 16 Advertisements Column 3
      524 16 < > I'o|||> SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCLAN BUILDING SINGAPORE 1 MARKETING *****2 l 3 LINESi GENERAL 91 ?111 11 4 LINE Si TELE* RS 2459S RS ***** A B CARSMIP C ABLE CARGOSMIP 1 s, 60UJWl*S0$ IN 15/21 MM KLBUI SLAM) HI n/Jt SSL**" i m
      524 words
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      Page 16 Advertisements Column 4
      677 16 1 MALAYSIAN IN TCRNA TION At SHIPPING CORPORATION BfRHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA I) Barcelona Genoa. 2) Amsterdam Antwerp I Ha»re Bilbao Belt W 3) Bremen Bremenimen Aarhas Copentiafen Hehw*i 4) Matmo Stockholm Oslo EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT T| Mil* S port Pkelanj Penan| HKLATI kM 11/11
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      Page 16 Advertisements Column 5
      701 16 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11'*****57 n\ MOMAMtALMMMREGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE ALEXANDRA N W839 h fort ELBE WB4O (Contr. Ship) 21 km RATNAMANORAMA W842 2t Jun NORASIA W845 27 M Agents: Smgapore MTRi K Lumpur Penang "Port Saied Avon <UK)/A werp/
      701 words
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      Page 17 Advertisements Column 1
      354 17 EGYPTIAN IkJTf DkJ ATlAki A I I IkJC iCII INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE PT KEL PENANG FT SAD ALEXANDRIA PTtAMDS U tunc 76 SPWNX U My 12 My 10 iuty 15 Auf 3 Auj 8 Street nduccmenl MMTIM6
      354 words
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      Page 17 Advertisements Column 2
      232 17 WEST BCKJ sT»r Jgfd BOUNO LOAONG fOfi MUSCAT OUBAJ ABU DHABI BAHRAIN KUWAIT BACH.ORG V 96N EASTERN EXPRESS V.UW(TBC) EAST-60UM) USCHARGMG ONLY MV FIVE ISLAJDS RANGOON/CMTTAGONG/CHALNA SERVICE CONTAINER SERVICE TO AUSTRALIA MV SUA EMERALD LOAONGFOR: Sydney/Mcfcounw/1 MAcbGuHeast Shipping Pte Ltd Suite 704/706. Ocean Budding. Coilyer Quay, Singapore 1. Tel *****3
      232 words
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      Page 17 Advertisements Column 3
      347 17 fa f.T. PERUSAHAAN PELAYARAA ANGKUTAN PERTAMBANGAN 7K ONLY SMGAPORE MOKSIA CONTAiO FEEDER SERVICE WTHOUSED BY MDOKSM GOVERNMENT WTH FULL CONTAIO VESSELS EACH CARRY MG 112 TEU VESSEL SINGAPORE LOADMG FOB TAMBANG M 4/7 JKT TAKAM I 19/6 *T ALSO ACCEPTMG CARGO FOR MOONESIA GOVERNMENT PROJECT ANO HEAVY MACHMERf S TAHAM
      347 words
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      Page 17 Advertisements Column 4
      350 17 CHINA OCEAN SHIPPING COMFANY ukc service ki Pl/15 hut Aiitmrp tctlcrtfsn, H*eur| kiPt/ISIuK />«—n/ 7# 72 k« 21/2) kM 25/77 m 27/30 m (Dudurm (Mr) (D>dur|«| (Mr) l«iM/ Uw| IMlerdja 11/12 Mr Ittterdjm HmMr[ 20/22 Mr t*M«dai/H«*w| 27/3# My Anhmp Iftlcrlsn ttnte( mngßuygonE* sotwct •fUSM •'•IN Mm Tm bccpta* COTUiwn
      350 words
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      Page 17 Advertisements Column 5
      458 17 NOTICES M.V. LOON FAT VOY 2/79 arrived 8.6.79 at P.P. Wharf Godown 302 General survey on damaged cargo discharged ex the above vessel will be held on Monday 18th June 1979 as from 9.00 a.m to 3.00 p.m. No further survey will be held after this date. STRONGWILL ENTERPRISE (PTE)
      458 words
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