The Business Times, 13 July 1979
1979-07-13
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The Business Times
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Title Section11 1979-07-13 1 BUSINESS TIMES M.C.(P) No. 14S/1/79 FRIDAY, JULY IS, 1979 50 CENTS11 words
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BRIEFLY...
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Article72 1979-07-13 1 Reuter BRUSSELS, Thurs. The European Common Market Commission today called for a trade and economic cooperation agreement with Asean. It would strengthen ties between the community and a region important to Western Europe for both its raw materials and its strategic location southeast of the communist world. AReuter - 72 words
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Article66 1979-07-13 1 UPI MANILA, Thurs. The first lady of the Philippines, Imelda Marcos, said today China had volunteered to stand by the Philippines in case the country's security is threatened. Reporting on her week-long trip to China shortly after her arrival here, she said: "Vice Premier Deng Xiaoping volunterred toUPI - 66 words
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Article98 1979-07-13 1 AFP KUALA LUMPUR. Thurs. The shortage of diesel may be overcome if the Malaysian government allows market forces to determine the prices of petroleum products through supply and demand, the Senate was told today. However, the government has no plans to allow this because the increase inAFP - 98 words
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Article62 1979-07-13 1 Reuter NEW DELHI. Thurs. Indian Prime Minister Morarji Desai suffered another setback today when three ministers resigned from his minority government now fighting for survival in Parliament. Three more members of the Rajya Sabha (Upper House) also resigned from a divided ruling Janata Party as the battle againstReuter - 62 words
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Article68 1979-07-13 1 UPI TOKYO. Thurs. Japan has urged the United States to build a military base in the Middle East to counter Soviet influence in the region, the government said today. Foreign Minister Sunao Sonoda said the US should take responsibility for the security of the Middle East andUPI - 68 words
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Article66 1979-07-13 1 Reuter JAKARTA, Thurs. Ministers from the tin producing member countries of the International Tin Agreement said they have agreed that the Tin Council should revise substantially upward, the current floor and ceiling prices at its meeting in London, later this month. A joint statement was issued atReuter - 66 words
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Article54 1979-07-13 1 AP NEW YORK, Thurs. The stock market continued its decline in early trading today for the third day running. The Dow Jones average of 30 industrial stocks was off 2.99 to 840.87 during early morning trading. Advances outnumbered declines by a three to two margin on the NewAP - 54 words
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Article129 1979-07-13 1 Rises Indices Sthn Kinta 820 Sthn Malayan 1490 l td Plantations 287 Spore Glass 270 Y H S 422 G 1 Hides 200 Berjuntai 810 M Hanking 610 S T p 1975 585 Carlsberg 478 Falls kemayan 255 Dunlop Ind 446 Bolton 158 Si>ngei Besi 1130 N129 words
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Article, Illustration148 1979-07-13 1 Rises Indices Sthn Kinta Kamunting Kramat Tronoh SEA Lumber Spore Glass Minsec Benta Kemayan 855 332 ■JC£ «JW) 885 211 266 360 446 258 45 28 12 10 9 6 6 6 5 B.T. Index: Industrials: Finance: Hotels: Properties: Tins: rubbers: Jul 11 Jul 12 i215.29 3206.66 402.12148 words
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Article732 1979-07-13 1 MANO SABNANI - HENDERSON SITE SOLD By MANO SABNANI SINGAPORE Glass (1974) has sold its Henderson property for $18 million in cash. The transaction is believed to have been completed about a month ago. Three separate parties. Hong Leong, Goldhill Developments and an unnamed group, approached the company732 words
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164 1979-07-13 1 SINGAPORE Airlines yesterday signed its first syndicated loan for US$5O million with a consortium of 20 banks. The loan will be for a period of eight years at a rate equal to the London Interbank Offered Rate (Libor). The funds are being provided at164 words
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Article70 1979-07-13 1 INDONESIAN Foreign Minister Mochtar Kusumaatmadja flew to Bangkok yesterday to consult the Thai Foreign Minister Upadit Paehariyangkun on the July 20 international conference on Indochinese refugees in Geneva. He said he would also visit Kuala Lumpur and Singapore for similar talks. The minister said Indonesia welcomes the70 words
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Article, Illustration685 1979-07-13 1 OFFICE buildings in Orchard Road and the Central Area have reported high average occupancy ranging from 86.7 to 89.3 per cent respectively. In other parts of the island, office space occupancy is reported at 87.8 per cent. This works out to an average of685 words
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265 1979-07-13 1 THE SINGAPORE Government has established an understanding with oli companies here that they should not raise their refinery posted prices for petrol and diesel until early or middle August. lids means the next petrol and dieoel price increase cannot be made before265 words
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484 1979-07-13 1 I SOME action must be taken soon to reassess the problems plaguing the local construction industry i lest it shrinks into an insignificant sector of our economy. This was stated by Mr Lim Kong Eng, president of the Singapore Contracj tors' Association and managing director484 words
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Page 1 Advertisements
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Advertisement19 1979-07-13 1 BUSINESS MACHINES SYSTEMS (S) PTE ITO PoO.uTi B'ock Goion.il P'«a N*«ton RoaO Singapore 11 Tpi *****94*6 Cable BUSNESTEMS Singapore19 words
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Advertisement155 1979-07-13 1 I BRflun 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.155 words
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Advertisement60 1979-07-13 1 SHIPPING TIMES DUPLICATION in convention indu5try.................................... t AIISSIE payment deficit fails.... 3 CORPORATE planning tool called PIMS C WHAT price petr01.................... i STOCK market report.... II ESSO Malaysia seeks price increases 11 SUNDAY closings for some petrol kiosks 0n1y......................... 12 MEMOPAD t, FLIGHTS 5, TV AND RADIO C, CROSSWORD fi,60 words
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Advertisement49 1979-07-13 1 Canon piQ-Q mcreowc cmcwmo* Iw V A "Plain MM Paper" Printing/ Display Catailatar That Fits in Tour Hand Sot* Agtntt Guthrie Trading Tel: *****5 t *****5 Leader...Page 8 FREEZOMINT The brand leading creme de menthe From HOCK TONG BEE PTE LTD 347. Bukit Timah Road Spore 1025 Tel *****5549 words
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TRADE AND INDUSTRY
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Article, Illustration159 1979-07-13 2 CANON, a familiar name in photography today, has launched yet another single-lens reflex camera. This time it is aimed at the low-priced end of the automatic SLR market. The new Canon AV-1 follows the popular AE-1, AT-1 and the A-l which together make op the A-series.159 words
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289 1979-07-13 2 TIMBER importers are placing smaller orders (or stock replenishment due to the prevailing high prices for logs and sawn timber and the tight credit situation in Europe. This was stated in the June issue of Timber Digest published by the Singapore Timber Industry Board. Price289 words
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788 1979-07-13 2 GOH ENG KEE - A RECURRING PROBLEM By GOH ENG KEE FOR THE SECOND time this year, two exhibitions along similar themes will be held in the Republic within a short span of each other. This prospect has reduced the attraction of the second show scheduled only a week788 words
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Article158 1979-07-13 2 THE first batch of universal joints ever manufactured in Singapore came off the production lines of Repco Manufacturing, a whollyowned subsidiary of Repco, a leading Australian automotive product group. The Jurong plant also manufactures universal joints and replacement kits as well as hot and158 words
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Article325 1979-07-13 2 LEE YOKE MENG - By LEE YOKE MENG ANOTHER large computer supplier is expanding its operations in Singapore. General Automation of the US recently set up a sales and maintenance office in Singapore under General Automation (S) Pte Ltd. The company, whose computer systems have wide banking applications,325 words
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423 1979-07-13 2 HSUNG BEE HWA - By HSUNG BEE HWA MORE FIRMS are beginning to realise the need for automation, and the latest to join the ranks of such firms is United Industrial Corporation's wholly-owned subsidiary. UIC Chemicals. The firm, a major manufacturer of detergent powder and liquid detergent, is investing423 words
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Article, Illustration204 1979-07-13 2 MR LAWRENCE C Mah was appointed group personnel adviser (designate) of Straits Steamship group on July 1. Before joining Straits, Mr Mah held management positions at Singapore Employers' Federation (industrial relations adviser), Keppel Shipyard (personnel manager/executive director) and Singapore Slipway and Engineering (managing director). His most recent204 words
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213 1979-07-13 2 PROFESSONALS in Singapore can learn three lessons from the present plight of their counterparts among the Vietnamese boat people, when considering their own role in the republic. Mr Ong Teng Cheong, Minister of Communications. speaking at the Lions Club of Singapore East's installation dinner yesterday,213 words
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286 1979-07-13 2 THE HIGHLIGHT of the 14 th Singapore-Malaysia Congress of Medicine will be a lecture by Dr Chen Zhongwei, China's pioneer on limb reattachment surgery. This is the fist time the Academy of Medicine of Singapore has succeeded in inviting a medical expert from China286 words
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Article431 1979-07-13 2 COURSES AND TALKS April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, srrc, sitc June 22-Aug 18: Systematic training for effective parenting, Waterloo Street Centre, Dept of Extramural Studies July 23-24: Project Financial Investment Appraisal, Hyatt Hotel, Price Waterhouse Associates July 26-27: An Engineer's Guide to431 words
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Page 2 Advertisements
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Advertisement182 1979-07-13 2 The Bank thatjurt keeps growing steadily each day TAT LEE BANK In 1974, Tat Lee Bank commenced operations in Singapore. Today, its account holders have increased manifolds. Its service has become faster, more efficient. Because Tat Lee Bank understands the needs of its customers better. Now, Tat Lee Bank has182 words
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Advertisement113 1979-07-13 2 A PENGUIN I M s«0 £B» t i THE MALAYAN TRILOGY This famous trilogy wittily dissects the racial and social prejudices of post-war Malay during the chaotic upheaval of Independence. Through a succession of splendidly colourful characters, Anthony Burgess delineates the conflict and confusion arising from the almost enforced mingling113 words
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REGIONAL
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Article162 1979-07-13 3 Reuter CHINA has agreed to sell 1.2 million tonnes of crude oil to the Philippines every year for the next seven years, Philippine sources in Beijing said yesterday. The sources said the oil sales are part of the SinoPhilippine trade agreement signed during the officialReuter - 162 words
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Article125 1979-07-13 3 Reuter AUSTRALIAN Prime Minister Malcolm Fraser yesterday jokingly offered to return to President Carter pieces of the American Skylab space station that crashed in Western Australia on Wednesday night in exchange for increased beef exports to America. Earlier, Mr Carter sent Mr Fraser a message whichReuter - 125 words
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Article74 1979-07-13 3 AFP A 50.000-TONNE tanker has berthed at Saigon Harbour in Ho Chi Minh City for the first time, the Vietnam News Agency reported yesterday. The Julio Antonio Mella tanker is from the Soviet Union. Since the beginning of this year, more than three million cu metres of mudAFP - 74 words
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486 1979-07-13 3 Reuter MAJOR Japanese oil companies, some with foreign capital interests, have decided to form a joint organisation in a bid to monopolise the long-term import of Mexican oil starting next year. Several other groups in Japan also were scrambling to get aReuter - 486 words
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Article338 1979-07-13 3 CHINESE Finance Minister Zhang Jingfu on Wednesday conferred with top financial officials in the opening round of meetings during a two-week visit to the United States. Mr Zhang had talks with Treasury Secretary Michael Blumenthal. who had hosted a dinner for the Chinese Finance338 words
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269 1979-07-13 3 UPI HONGKONG Governor Sir Murray MacLehose assailed Vietnam on Wednesday for its role in the "Inhumane" Indochlnese exodus and urged the world eommnnity to apply greater pressure on Hanoi to stop the (low of refugees from Its shores. On the eve of theUPI - 269 words
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688 1979-07-13 3 THE rapid development of the world's pepper industry has made it necessary' for the Pepper Community to review its position so as to secure the future of the industry in the light of prevailing realities. This was the message which Malaysia put across688 words
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Article258 1979-07-13 3 THE Malaysian Palm Oil Registration and Licensing Authority (Porla) has extended the closing date for the application of licences under the Palm Oil Industry (Licensing) Regulations, 1979, to the end of the year. All licences issued will, however, be backdated to April 1. The original deadline for258 words
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921 1979-07-13 3 Reuter AUSTRALIA'S balance of payment deficit as measured by net oficial monetary movements fell sharply to Asl26 million (*****.92 million) in fiscal 1978 79 ended June 30 from $542 million in the Statistics Bureau reported. A major influence on the year's movement was aReuter - 921 words
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Article160 1979-07-13 3 Reuter THE Australian government said it will extend by one year the current three-year programme of protection for the local textiles, footwear and clothing industries. The current protection, mainly in the form of tariff quotas, will continue until June 30, 1981, for footwear and untilReuter - 160 words
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233 1979-07-13 3 AP THE US Government has agreed to increase its development assistance to Thailand by US$3.2 million (Ss7 million), bringing total US development assistance to Thailand to $15.4 million for this fiscal year, the US Agency for International Development (USAID) director Donald Cohen announced yesterday. InAP - 233 words
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Article49 1979-07-13 3 JAPANESE optical manufacturer Canon displayed on Wednesday its first high speed copier duplicator at the National Office Machine Dealers' Exposition in Atlanta in the US. Called the NP-8500, it can produce 77 copies a minute. The model will be a challenge to Xerox, IBM and Kodak.49 words
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Page 3 Advertisements
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Advertisement168 1979-07-13 3 We have a 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 their168 words
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Advertisement101 1979-07-13 3 (I2oocc 4 cylinder 100) WhotlsreoHyostonteWng commandrhis performance Vv The least remarkoble feature obout the Charade 1000 is its miseriy 19 kilometers per Hue fuel consumption under the 10 mode' test as carried out by the Mints try of Tronspoa Japan This otftool test dosely Simula tes Tokyo's drMag conditions which101 words
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RAW MATERIALS
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Article328 1979-07-13 4 THE Singapore rubber market closed slightly lower yesterday with August One RSS buyers quoted at 286.00 cents per kilo, down four cents from Wednesday's close, dealers said. Morning prices were marked down about 3.50 cents on lower London advices and lack of buying support, they said. Afternoon values were328 words
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Article30 1979-07-13 4 Rubber: July 12 Singapore: August: 286.00 cents (down 4 cents) Malaysia: August: 286.00 cents (down 4 cents) Tin: $1,965 (down $9) Official offering; 193 tonnes (up 15 tonnes)30 words
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Article438 1979-07-13 4 R A S prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buvers Sellers Int 1 R S.S prompt fob 292 00 293 00N 289 00 290 OON Int 1 R.S S. August 289 00 289 50 286 00 286.50 Int 1 R.S.S438 words
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Article116 1979-07-13 4 NOON SSR srd SMR price* yesterday RAS August September (Current Mtta> (Forward Mlh) Buyers Sellers Buyers Sellers SSR 20 11 -ton pallet > r9 OON 281 00N ***** 282 00N SSR 50 1-ton pallet276.00 278.00N 277 00 279 OON MRELB SMR CV *1-ton pallet' ***** 320. SON116 words
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Article60 1979-07-13 4 THE STRAITS tin price in Penang yesterday dropped Ms 9 to $1,965 a picnl. Sentiment was depressed following the continooos fall in London on Wednesday, bat sterling's firmness against the Malaysian dollar and local baying checked the decline, dealers said. Total volume of tin concentrates delivered amounted to60 words
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Article680 1979-07-13 4 COFFEE: Robusta futures ended the opening call yesterday morning barely steady with losses of £5 to £20 per tonne. Sales totalled 202 lots. September initially traded at an unchanged level of £1,930 but as with other months drifted lower during the opening call to close £13 lower at680 words
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Article364 1979-07-13 4 QUIET trading conditions persisted on the Singapore produce market yesterday. Business transacted was minimal for most commodities. For the best part of the day, prices moved sideways. Fairly good demand continued to be received for copra and coconut oil. The prices of both these commodities were steady to364 words
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Article158 1979-07-13 4 CHICAGO soybean futures on Wednesday extended gains to 15 to 10'.' US cents a bushel at the close in a flurry of local and commission house buying. Traders said much of the buying was short covering ahead of the day's USDA crop reports for Russia and the US itself,158 words
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Article183 1979-07-13 4 THE sugar futures market yesterday closed firmer with gains of 0.10 to 0.15 US cents, dealers said. Trading continued quiet with no trades registered as Wednesday, while the day's spot price firmed 0.10 to 8.55 cents. Cotton trading continued the recent quiet trend with no trades done as183 words
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Article84 1979-07-13 4 WHEAT futures ended a choppy session with gains of six to US cents a bushel. Traders said prices advanced late on a flurr of local and commission-house buying, much of it shortcovering ahead of the upcoming Agriculture Department reports on the US and Soviet crops. Prices were lower throughout84 words
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Article336 1979-07-13 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0 96. 100 per cent second class O.K. 100 per cent third class 0 80. 25 per cent new crop no stock. B-10 per cent O.TO THAI BROKEN A-super 0.62.336 words
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Article197 1979-07-13 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) (<IM am: China Blue Phoenix 20s 2.300 32s 2.820 40s 3.030 (per bale of 400 lbs). Pteee rm4s: China Butterfly and Globe brand unq. Dragon Head unq; Five Lambs unq. Flower and Butterfly197 words
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Article66 1979-07-13 4 C.I F North European ports, in US dollars per ton unless otherwise stated. LONDON: Wed Prevtau Malaysian 5%ffa bulk per tonne Sept 690s lr 694slr Sumatra 5% ffa bulk July 705slr 712 sir Aug 702 sir 710slr Sept 700slr 707 sir Oct 700slr 705slr Nigeria 5% (fa bulk66 words
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ASIAN STOCKS
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561 1979-07-13 4 Tokyo Source: DBS-Daiwa THE market continued to show an extremely sharp two-tier pattern with a limited number of energy-related stocks, shipping and trading firm issues soaring at the expense of substantial drops of high-quality stocks such as light-electrical precision machinery and pharmaceutical issues, since aggressiveSource: DBS-Daiwa - 561 words
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Article362 1979-07-13 4 THE MARKET yesterday continued to trade actively within a narrow range although speculative interest continued in selective property shares Hopewell, for example, gained 45 cents to 5.90. Cheung Kong remained steady (or a change but SHK Props improved to 10.70. Special situation shares hardly moved but China Provident (ell362 words
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Article274 1979-07-13 4 THE MARKET was slightly firmer in generally quiet trading yesterday, dealers said. JULY 12 Cents INDUSTRIALS A C I 116 •2 A N I 172 unch A P M 123 -2 Ampol Pet 64 unch B H P. 950 Bank NSW 360 -7 BoraJ 228 4-1 Brambles 174 41274 words
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Article249 1979-07-13 4 STOCK prices yesterday eased in quiet trading, dealers said. JULY 12 Bahts Asia Credit 242 -4 Asia Fibre 187 unch Ayuthaya Inv And Trust 132 -33 Bangkok 228 -2 Bangkok Bank 346 unch Bangkok Drying And Silo Bangkok Insurance 1066 -10 Bangkok Metropolitan Ban 570 unch Bangkok Nylon Bank249 words
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Article132 1979-07-13 4 THE STOCK market yesterday closed mixed with commercials and oils posting gains while minings declined, dealers said. Turnover fell slightly to 6.3 million pesos from Wednesday's 6.5 million. JULY 12 Pesos Acoje Mining 0074 -0 0006 Atlas Con. A Atlas Con B 1740 02 Baguio Gold 0086 unch Benguet132 words
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Article62 1979-07-13 4 FINANCIAL TIMES INDUSTRIALS Wednesday 468.6 Tuesday 475.7 Week Ago 479.5 DOW JONES AVERAGE INDUSTRIALS Wednesday 843.86 Tuesday 850.34 Week ago 835.58 LONDON DOLLAR PREMIUM Wednesday 27 to 28 Tuesday 27 to 27 i H.K.HANG SENG Thursday 553.92 Wednesday 553.34 Week ago 536.63 SYDNEY INDUSTRIALS Thursday 487.33 Wednesday 487.4462 words
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Page 4 Advertisements
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Advertisement175 1979-07-13 4 This announcement appears as a matter of record only. July 1979 SINGAPORE AIRLINES US $50,000,000 Medium-Term Spared Tax Loan Managed by Morgan Grenfell Co. Limited The Royal Bank of Canada Scandinavian Bank Limited Co-managed by Associated Japanese Bank (International) Limited Bank of Scotland Canadian Imperial Bank of Commerce Deutsche Bank175 words
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Advertisement113 1979-07-13 4 For a Successful BANKING Career study with Wblsev Hall OXFORD for the Institute of Bankers CONVERSION COURSE The duration of the complete Wolsey Hall Conversion Course is 26 weeks so enrol now for the December 1979 examination. Also available. Wolsey Hall Courses for the Stage n Year 1 examination (New113 words
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OVERSEAS
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Article729 1979-07-13 5 ARRIVALS Service Local Operator Number Time From MAS MH651 1330 (MES) PEN KUL SIA SQ455 1340 BWN SIA SQ61 1340 BKK SAS SK971 1345 CPH DEL BKK SIA SQ117 1345 KUL GIA GA900 1400 HLP CAL CI010 1440 JED DHA GIA GA984 1500 HLP SIA SQ105 1500729 words
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WORLD IN BRIEF
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Article419 1979-07-13 5 Agencies BRITAIN has cancelled more than L4O million (SJI6B million) worth of loans it gave to Indonesia and offered a grant of another £6 million to help the country's development programme. The British gesture was in line with a recommendation by the United Nations Conference on TradeAgencies - 419 words
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536 1979-07-13 5 Reuter UPI A PROTOCOL to the General Agreements on Tariffs and Trade (GATT) was formally opened in Geneva for signature and acceptance It implements the tariff-cut-ting concessions agreed in nearly six years of multilateral negotiations since 1973. The US, Argentina, Canada, Finland, NorwayReuter; UPI - 536 words
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Article437 1979-07-13 5 Reuter WEST Germany will have to pay at least 60 per cent more for its oil in the second half of 1979, following the latest Opec price increases, the Petroleum Industry Federation said. A spokesman said prices in the second half are likely to be 62Reuter - 437 words
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295 1979-07-13 5 Reuter FREN'CH Prime Minister Raymond Barre said he doubts industrialised nations' economic growth can be much over 2 per cent next year. Mr Barre said the latest oil price rises will boost inflation and cut growth, and make i960 a very difficult year forReuter - 295 words
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Article337 1979-07-13 5 Reuter PORTUGAL'S largest party, the Socialists, said the country would hold President Antonio Ramalho Eanes responsible if he called costly autumn elections as a way out of the protracted political crisis. In a tough statement issued at dawn at the end of an eight-hour meeting, theReuter - 337 words
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Article, Illustration399 1979-07-13 5 Reuter UPI onetary Fund economists predicted that the combined balance of payment deficit of non-oil producing development countries could sodr to some US$4B billion (5105.6 billion) this year. Informed sources said the economists had revised upwards an estimated deficit of $43 billion forecast lastReuter; UPI; Source: UPI photo - 399 words
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191 1979-07-13 5 AFP THE RATE of failures among businesses in Britain slowed in the second quarter of 1979 ahead of the budget. But this is likely to be reversed in the rest of the year, as budget measures will pressurise profit margins, Trade Indemnity said. TradeAFP - 191 words
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Article124 1979-07-13 5 Reuter THE BRITISH retail price will show a year-on-year increase of 17 per cent in the last quarter of this year and remain at that level for the first half of 1980 before falling, the Henley Centre for Forecasting said. The centre, a private forecasting body,Reuter - 124 words
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Page 5 Advertisements
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Advertisement72 1979-07-13 5 BUSINESS TIMES GIVES YOU THE EDGE Every single business day, Business Times keeps you informed of essential financial, commercial and industrial news. Economic Trends. The Money Market. Price Indices. Company News, Reports. Opinions and predictions. f "1 >u ri Cut out and post today To: Times Business Publications Ltd 1,72 words
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Advertisement80 1979-07-13 5 Parking problems? Not at The Mandarin. i Now, with the completion of the car park floors at The Mandarin's extension, our parking capacity has more than doubled! And to assist you in your parking, we have an efficient team of car park ZZZIZI—: jockeys. Their numbers too, have been increased80 words
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Article431 1979-07-13 6 MR Jimmy Wong, a local contractor, has complained that there can be no technology transfer as long as the Japanese giants keep grabbing all the plum building contracts that come up for bidding. He is, however, stretching the technology point a little. Most construction contracts offered431 words
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Article238 1979-07-13 6 SINGAPORE'S convention and exhibition industry continues to display its youth and inexperience. The problem of duplication of effort once again comes to the fore with the clashing of the two computer shows, the overlapping being emphasised more strongly this time because of barely a week's238 words
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Article1248 1979-07-13 6 CHRISTOPHER LORENZ - IN THIS article in the planning series, CHRISTOPHER LORENZ looks at the dramatic claims made for a sophisticated planning tool which has met with considerable success in the US. CHRISTOPHER LORENZ A RECENT MEETING in London of executives from 25 international companies is likely to give1,248 words
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765 1979-07-13 6 MARCUS ELIASON - Western Europe presents, for the first time since World War 11, an image of unity. MARCUS ELIASON reports on the undercurrents that lie beneath this facade. MARCUS ELIASON AP LESS than 40 years after World War n. Western Europe has never looked so unitedAP - 765 words
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Page 6 Advertisements
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Advertisement239 1979-07-13 6 ill fJ FI z THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE. SINGAPORE. 26-30 MAY 1980 A au Every year, thousands of new rubber and plastic products enter the market Whether for use in industry or the home, everv product reflects some new development in engineering239 words
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Advertisement0 1979-07-13 6 [!<_,%],=\<`'@&&{"?)/|%~{[;),//0 words
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Page 6 Miscellaneous
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Miscellaneous1263 1979-07-13 6 Watch tonight's movie THE TV Mtvle tonight might be well werth watching, particularly if It's been sensitively produced. Starring Tony Le Blanco, Lee Strasberg, Christine Lahtl and Julie Bexasse, It Is abent a family's decisten en what te de abent their ailing It year eld father. It weald be interesting1,263 words
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732 1979-07-13 7 JOHN FEDLER - By JOHN FEDLER TRYING to assess which fuel sources could replace oil if the current world oil shortage worsens is as tricky as attempting to predict world weather patterns a decade or two from now. Projections, for example, of the potential for nuclear power or732 words
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Article982 1979-07-13 7 JOHN DRYSDALE - FORUM With JOHN DRYSDALE ONE OF the relatively s unimportant consequences < of Vietnam's military rape I of Kampuchea, but no- I netheless a sad and histori- < cally significant one, is the possible extinction of the < Kouprey the wild 1 Cambodian ox.982 words
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Article, Illustration897 1979-07-13 7 COLIN CHEE - AS a mere motorist, you may only be interested in what you have to cough up at your next stop at the filling station but, as COLIN CHEE explains, having an insight into the operations of oil companies can897 words
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Page 7 Advertisements
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Advertisement116 1979-07-13 7 7/\ A Draw a crowd to a sale or sell a drawing of a sale. Leisure Times is right on target For as little as $15, you can sell a house, fetch a good price for an antique or talk about that cozy Italian restaurant you have just opened in116 words
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Page 7 Miscellaneous
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Miscellaneous62 1979-07-13 7 BriStOWT-'PianJcDiGfejiS I V-lOUJ'S u>oK< ON tvac fuOOR on\_v this rnoe^iMG pniSS <biroPsON R^K^D roe. to offeN P\ u)\ndou) P»MD l WPC> To Refuse fWfUL 'LL NG.V&C GG.T U5€D TO IT •FfttGnTeNeo or netGms?" SVAC, SfMD. 6*G r^pvrsi uv<e v/oo shg. OFF G>GGLING J v —> i knoootvic reeuNG Nou uofSHeD62 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article252 1979-07-13 8 JULY 11 Frs CORBEILLE Alr-Llqulde B S N Gervals Danone C S F (Thomson Csf) Cle Francalse des Petroles Compafnle Financier* Compagnle Generate Credit Fonder De France Hachette (Llbralrle) Machines Bull Mlchelln (B) Pars baa Pechlney Clglne Kuhlmann 415 #46 366 346 478 228 SO 58 50 870 208.80252 words
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Article187 1979-07-13 8 JULY 11 Francs Actions Sulsses Alusulsse Br. Alusulsse Reg Brown Boverl Br. Clba Gel(y Br Clba Gelgy P C CI Da Oelgy Ref Credit Suisse Br Credit Suisse Reg Elektrowmtt Br George Fischer Br Globus Pc 293 1225 490 IMC 1245 965 671 2205 427 2020 no 410B 3080B187 words
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Article220 1979-07-13 8 JULY 11 Dm Aef-Telefunken 49 90B 02 At SO 24 90 -0 1 Alls Leben £30 00 5 Alls Vers 440 00 ♦4 BASF ***** 0.4 Bay H T Wbank 238 00 unch Bay Vbank 256.00B Bayer ***** 0.5 BBC 270 00 BMW 174 JO -11 Casaella 340 OOB220 words
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Article201 1979-07-13 8 JULY 11 Fls ABN ***** •1 Ahold 91.80 -2 Akso 27 80 unch AMEV 89 40 -08 Am/as ***** unch Amrot Bank 88.00 unch Bergoss 55.00 -0.1 Berk 96 80 unch BoLs 63.20 -03 BorsumiJ ***** 0.8 Burhm&nn 62-00 -0.7 Byenkorf 70 00 -0 1 Calve Delft 174 00201 words
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Article97 1979-07-13 8 JULY 11 Fr» FORWARD MARKET 400 7 A rh«i 3610 >15 Aslur 900 unch B rase ait 016 4-3 Bru-Lamb 1800 >10 Can par 182 -11 495 5 De Been 945 -4 Ebes 2300 unch Electrobel 6840 -00 Gb-Inno-Bm 3610 unch Oev 1230 -13 Hobok m 33o Petro 543097 words
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Article109 1979-07-13 8 JULY 11 Lire Anu33.50 075 Aiaoe Oen OH6 -K Baalofl 743 -7 Centrale 5180 41 Flat 2508 -22 F insider 149 1.5 Oen Immot) 82 unch in Prl 2371 -49 Ilalcementl ***** -90 I taigas 146 4 10 Italalder 3K 225 MafMti M PJ 57V 1 M are 111109 words
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Article221 1979-07-13 8 JULY 11 C* Abltlbt u 4-/-jnch Alfoma 27»» Bank Mont 24 s ■f Bank Nova Scotia 24H Bell Tel 21 H Beth Corp BP Can Lid 36** Braacan 23H Camp Red Lake 22 Can Imp Bk 28S Canpac 32H Canpac Inv Pf 16WB Carting OTCeefe 6 Comlnco 38 h221 words
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Article318 1979-07-13 8 JULY 11 Rand INDUSTRIALS A Alpha ISO -5 Abercom 228 3 AE And CI 415 unch AMIC 1400 uneh Barlows M2 -3 Cf Sunt 040 CNA 240 unch Currle Finance n -1 De Beers Ind 1850 -25 Edcon 330 unch Ed (an 3000 -100 Eveready Fed Vol* 1(6 unch318 words
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Page 8 Advertisements
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Advertisement218 1979-07-13 8 f V Weekday OMWrnw Guoec Tour o< Santoaa tsiane 50N abates on given >ees at Santosa Go" Club S»w*n*ig Pod SMarr Room Tenms/Souasn Lessons ferry Service to Santos* I *"ee arouna «and on SOC Buses IF YOU'RE LOOKING FOR A SUPERB WEEKEND TREAT. COME TO OUR POOLSIDE Try succulent barbecued218 words
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Advertisement187 1979-07-13 8 Where to wine, dine and entertain mbertus ®riU For lunch. For dinner. For a richly rewarding experience. Also Businessmen's Lunch Mondav to Friday SIS 3'S. CESS -Javanese Riistafel Saturdav Sundae Sib 3'V, CESS For reservations call *****77 CViHtiry I'iirk Hliernloii i 1 1 IL'GO'S LL'N'GI IIi( SIDEBC )ARI) S< 1187 words
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Advertisement141 1979-07-13 8 See Page 4 for Asian stocks e See Page 9 for New York Stocks Smipcsc Seafood 4 Curhpil j£ fe-lit! 1 0K I I LFiy AMr €vervday is a Dig house af'air for us Because each day is another new opportunity to perfect our service to you Service by which141 words
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Advertisement132 1979-07-13 8 Take a new look at the Harbour Grill. Treat yourself and your business associates to an excellent lunch selected from our superb offering of choice (JS prime beef, our daily Nouvelle Cuisine specialities or let our executive Chef. Leo Waldemeier help you pick a menu that will make it a132 words
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Advertisement248 1979-07-13 8 e 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. Campan Tonic Campari Soda Campari 7UP Campari Orange Campari You Sole Agent FOOD BEVERAGE (PTE) LTD Yk Have A Great Thing248 words
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BANKING AND FINANCE
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449 1979-07-13 9 RUTH CHENG - By RUTH CHENG SINGAPORE is growing faster than ever as a major forex centre. With daily trading volumes averaging US$2 billion last year, market transactions have since risen to US$2.5 billion a day in March and last May came to US$2.7 billion. Growth449 words
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Article50 1979-07-13 9 LAST Tuesday, it was incorrectly reported that Dr H.Omar Ahdolla, the president of Bank Bumi Daya in Indonesia, would chair the Asean Banking Council's meeting com- mencing tomorrow. In fact, he is to take over the ABC chairmanship from Mr Booncha Rojanasatien, president of Bangkok Bank, Thailand.50 words
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Article236 1979-07-13 9 ;THE LAST one and a half years have seen proper--ty prices creeping upwards on the back of a mild boom in both the residential and commercial property markets. In the process, demand for financing for such purchases has also shot up. Both commercial banks and finance companies "have not been236 words
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Article422 1979-07-13 9 STERLING is expected to remain firm for the immediate future. In contrast, however, the British economy continues to show weakness in several areas. This was reported in the latest Weekly Currencies Review by Manufacturers Hanover Trust Co. In the past month, the pound has appreciated 6.5422 words
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Article1190 1979-07-13 9 NEW YORK HEAVY selling of energy shares dragged the stock market lower in active trading on Wednesday. Energy stocks have been a 'major prop under the market in recent months. The Dow Jones industrial average dropped 6.48 points to 843.86 and declines led advances nine to1,190 words
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MONEY AND EXCHANGES
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Article486 1979-07-13 9 THE whole market was quiet yesterday, with not much trading transacted. At the end o( the day, however, the US dollar closed slightly firmer against major currencies. Sterling opened at 2.2350 60 against the US dollar. It slipped through the morning to reach its lowest level at 2.2260/70486 words
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Article43 1979-07-13 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $20 million 91-day Treasury bills to be issued from July 16 to July 20. Each tender must not be for less than $250,000.43 words
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Article194 1979-07-13 9 Asian rates ASIAN currency deposit interbank rates as at close on July 12: 7 days 1 months 2 months 3 months 6 months 9 months 12 months US Dollars!Spot) Offer Bid 10 9/16 107/16 1011/16 109/16 10'. 10 10'. 10H 1011/16 109/16 10 9/16 10 7/16 109/16 10 7/16 1194 words
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Article52 1979-07-13 9 RANGE of prices often ■d by di*count houses on July 12: Overnight 4 Call deposits Ckxiaf Bayiaf SclliM 3 month Treasury bills 4 11/10 4 0/16 3 month Bank bills 7 11/16 7 9/16 3 month CD 7'« 7». 6 month CD 7' t 7 3 Source: National Discount52 words
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Article21 1979-07-13 9 THE average rale at which Singapore banks are currently prepared to lend to their best customers is 8 per cent.21 words
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Article145 1979-07-13 9 THE US dollar for overnight delivery yesterday closed weaker at 217.15 yen, compared with a 217 20 opening and 218.10 at Wednesday's close. Trading was light with volume US$632 million. The dollar extended an early decline in thin late trading on selling by Japanese and foreign banks following news145 words
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Article294 1979-07-13 9 GOLD futures in Singapore yesterday closed slightly lower compared with overnight levels after fluctuating narrowly, in thin trading, dealers said. Turnover fell to 109 lots from 187 lots on Wednesday with activity centred on October and December contracts. October closed slightly easier at U*****.80/ 299.20 an ounce against $299.00/20294 words
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Article197 1979-07-13 9 THE DOLLAR yesterday opened lower compared with overnight levels and drifted down further in quiet featureless trading, dealers said. It opened at 1.8240/50 marks, 1.6510/20 Swiss francs and 217.00/15 yen compared with Wednesday's closing 1.8270/80, 1.6545/65 and 217.25/25 respectively. Sterling eased 0.1 points on its effective index to 71.2197 words
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Article96 1979-07-13 9 THE DOLLAR yesterday traded steadily against most major currencies in quiet, late dealing with the market still awaiting President Carter's statement on US energy policy, dealers said. The US unit was quoted at a late 1.8242 49 marks slightly firmer from the morning's 1.8230 40 at the opening but96 words
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Page 9 Advertisements
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Advertisement107 1979-07-13 9 Singapore's business world at your fingertips... j <*, %r r O/v mt c 4i> Ws in hi I >: m MS M M IB i M B! •> it H s 11 m v. Singapore 1129. The most comprehensive index and tiprener guide to tne business scene If you wish107 words
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DEALS DONE ON THE SES AND KLSE
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Article1146 1979-07-13 10 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 after the word "sett". Big Board deal1,146 words
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Article178 1979-07-13 10 4 1/2% 1/8/80 (250.000) (***** 99 60S) 4 3/4% 15/9/80 (250.000) (90 668 99 755) 5 3/4% 1/6/78-80 (250,000) (100.758 100.8SS) 6 1/2% 1/5/76-81 (250.000) (100 358 100 455) 5 3/4% l/»/7»-81 (250.000) (100 58S) 5 1/4% 1/3/81 (250,000) (100 108 100 20S) 5% 15/4/81 (250.000) (***** 99178 words
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Article106 1979-07-13 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday. the period, bids and offered prices and business done, if any. with the number of options traded shown in brackets. Cald Storage (Sept $1.85) (0 268 0.335) (1) 0.29. Haw Par (Sept 1120) (0.278106 words
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Article161 1979-07-13 10 S pore Growth Fund 108 1.11 SINGAPORE UNIT TO18T INCOME BOND UNIT 1 1 i tar Jal IS) (Carreat pel lew) The Commerce Iff 2.11 Income Bond 1.11 114 The Saving Fund 1.31 139 S pore Prog Fund 0.93 98 S pore Sec Fund 1.74 1.85 MARA SUMIPUTRA161 words
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Article2570 1979-07-13 10 Gr's Gr*a Net 1979 Last Div Div Y*ld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 223 1 15.0 2-2 6.7 11.4 1 223 223 190' 123* Alcom 172 10.0 1.3 5.8 22.9 142 110 Allied2,570 words
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Article1509 1979-07-13 10 BID and otter prices officially listed and business lb 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 INDUSTRIALS Aran (2 SOS) i|«wili (2.568) Una 11 708 1 725) Alex1,509 words
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Article206 1979-07-13 10 Wsrtdwtde HaMlags Bhd: AGM to be held at Room BI, Basement Floor, Bangunan Ingeniur, 60-62, Jalan 52/4, Petaling Jaya, at 11.00 a.m. on July 17. Metal Bax Bhd: AGM to be held at Bangunan MIDF, 195-A, Jalan Pekeliling, Kuala Lumpur at 12 noon on Jul 19. Hotel Graad206 words
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Article, Illustration639 1979-07-13 10 INVESTORS were generally hesitant to make fresh commitments at the Stock Exchange at Singapore yesterday. Trading was Light and concentrated in a nam her d market leaders. Recent developments lending to the expectation of inflationary pressures were n restraining factor. Prices tended lower on laek639 words
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608 1979-07-13 10 THE Kuala Lumpur stock market yesterday plodded through its slowest session this year with prices closing a shade easier. Volumes, reflecting the general reluctance to trade, dwindled to 1.123 million units worth M 53.338 million compared with 1.164 million units worth $3,104 million608 words
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COMPANY NEWS
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324 1979-07-13 11 NEGRI Sembilan Oil Palms (NSOP) has proposed a three-for-two bonus issue following the revaluation of its three estates at MJ35.75 million in May. The bonus issue, which is subject to the approval of the Malaysian Capital Issues Committee (CIC), capitalises $17.5 million from its324 words
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Article118 1979-07-13 11 YEO Hiap Seng said an extra-ordinary general meeting will be held on July 26 to approve its recently proposed one-for-three bonus issue and one-for-three rights issue at S2.25 a share. The company said both issues have been approved by the Stock Exchange of Singapore. Meanwhile, it has applied118 words
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Article446 1979-07-13 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year C C M 22.5% I Jun 7 Jun 19 Jul 13 22.5% 50% Perlis Plants 7.5% I Jun 27 Jul 7 Jul 13 7.5% 27.5% Msian Fmills 10%(b> Jun 25 Jun 30446 words
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Article95 1979-07-13 11 Company Particulars Ex Date Books Close Oriental Hldgs Bonus Issue of 8 (or 5 Jul 4 Jul 16 Yeo Hiap Seng Bonus Issue of 1 for 3 Rights Issue of 1 for 3 tii $2-25 per share Jul 24 Jul 31 Spore Glass Bonus Issue of I for95 words
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Article, Illustration491 1979-07-13 11 P GUNASEGARAM - By P GUNASEGARAM ESSO Malaysia will seek price increases for its products to recover higher raw material costs brought about by Opec crude oil price rises, says chairman Dr R.J. Kruizenga in his annual review. Although crude oil prices remained unchanged throughout491 words
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333 1979-07-13 11 SIME Darby associate. Berger Malaysia, expects its paint sales to increase by 10 to 12 per cent this year following the growth in domestic paint consumption. The company, which accounts for 14 per cent of domestic paint sales, hopes to raise its share of333 words
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Article151 1979-07-13 11 Stephen K O Ho - Letter to the Editor Stephen K O Ho Sir, ALL too often in corporate history, minority shareholders have been left out in the cold. They have no say in the company's affairs and are completely at the mercy of the majority shareholders or directors who represent them.151 words
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432 1979-07-13 11 PUBLIC Bank is optimistic that steady growth can be maintained in the current year despite keen competition, inflation and rising overheads. Chairman Datuk Teh Hong Piow said in his annual review he is confident new problems and challenges can be overcome by careful management432 words
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Article45 1979-07-13 11 said quotation in the shares of ChersMiese on the exchange will cease on July 16. It also said that the last day for registration of transfer of the company to ascertain the share exchange nas been changed to July 27.45 words
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Article, Illustration492 1979-07-13 11 wm HOCK LOCK SIEW STOCK markets are often predictable daring times of political and economic change because at sack times the herd Instinct invariably prevails. On the Singapore market we have seen time aad again how it discounts major events long before they takeHOCK LOCK SIEW - 492 words
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Article32 1979-07-13 11 in- formed the Stock Exchange of Singapore that from June 16, its wholly-owned subsidiary Kewangan Kelengkapan Pertama Sdn Bhd has changed its name to Kredit Kelengkapan Pertama Sdn Bhd.32 words
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Page 11 Advertisements
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Advertisement72 1979-07-13 11 THE ASEAN REPORT y-4 SI r u 11 (in two volumes) Author: Thomas W Allen Edited by: Barry Wain Publisher: The Asian Wall Street Journal 1979 As reviewed in the Business Times issue dated 18th June 1979 PRICE: *****/- per set (free airmail delivery from Hongkong) TIMES DISTRIBUTORS SDN BHD72 words
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Article, Illustration74 1979-07-13 12 THIS IS the first planner's impression of a station in the proposed Mass Rapid Transit system which is currently being studied by the Government. The sketch of the sub-station was released by the Planning Department in the latest annual report of the Ministry of National Development.74 words
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Article335 1979-07-13 12 TSANG SAU YIN - By TSANG SAU YIN THE Government has cleared the decks for the Urban Redevelopment Authority to play a bigger role by undertaking to pick up any deficit incurred by the statutory board. This is made possible under a financial arrangement between the Ministry of National Development and335 words
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Article95 1979-07-13 12 THE JAPAN Civil Aviation Bureau lifted the ban on DC 10 flights on Wednesday. Japan Air Lines's (JAL) first DC 10 flight out of the country will leave for Singapore today, said a JAL spokesman. JAL operates five weekly DC 10 flights to Singapore.95 words
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Article899 1979-07-13 12 LONDON, Thurs. Share prices closed quietly firmer but off the day's highs, dealers said. At 3pm, the Financial Times index was up 1.5 points at 470.1. Industrial leaders were mainly a penny or two firmer but BP lost 30p on renewed fears that the British government is about899 words
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Article468 1979-07-13 12 RAHIM KASSIM - WON'T AFFECT TAXIS By RAHIM KASSIM SOME petrol stations in Singapore will be closed this Sunday following the recent decision of the Federation of Singapore Petrol Dealers Associations to suspend business on Sundays. Although it is believed the decision will take effect this Sunday, an468 words
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Article254 1979-07-13 12 TEO TECK WENG - By' TEO TECK WENG THE MINISTRY of National Development granted planning approval to 299 projects valued at about $365 million in the first quarter of this year. Private sector projects accounted for about half the total construction outlay, including two major schemes a $40-million condominium254 words
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Article113 1979-07-13 12 ESSO Singapore has signed a $3 million contract with Chiyoda Engineering for the construction of a 220,000-barrel naptha tank at its Pulau Ayer Chawan refinery. This is part of Esso's expansion programme which includes the construction of several additional tanks and the rearrangement of its113 words
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Page 12 Advertisements
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Advertisement137 1979-07-13 12 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 18th January. 1982 of: THE FUJI BANK. LIMITED 10th Floor. UIC Building. 5 Shenton Way, Singapore 1. We hereby certify that the rate of interest payable on the above-mentioned certificates of deposit for the interest period137 words
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Advertisement293 1979-07-13 12 from Penguins M i 3Mk 0 sr.' t\f I V es~r 9 Wthe >*\ ec m 4 W: ild'* Dear Me: Peter Ustinov This is a brilliant book. It is extremely funny: there are hilarious stories about Sir Ralph Richardson and Sir Laurence Oliver (both of whom Mr Ustinov treats293 words
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Page 12 Miscellaneous
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Miscellaneous64 1979-07-13 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Cloudy with isolated showers in early morning. Report for 24 hoars prior to 7.31 p.m. on July 12 at the airport. Maximum temperature 31.2 Associated humidity 65 Minimum temperature 24.7 Associated humidity 94 Hours of sunshine 4.25 Rainfall in millimetres64 words
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SHIPPING TIMES
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PORTSIDES
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Article98 1979-07-13 13 Reuter BURMAH Oil Co Ltd said it has settled all litigation between it and Pertamina, the Indonesian state oil company arising from various oil tanker charters. A statement said as a result of the settlement agreements, together with further agreements with other companies which various joint ventureReuter - 98 words
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Article101 1979-07-13 13 Reuter THE General Council of British Shipping's tramp trip-charter index rose to a new record high of 187 in June from 166 in May. Figures for the individual tonnage groups for vessels of 12,000 to 19,999 dwt were unchanged at 150. Vessels of 20,000 to 34,999Reuter - 101 words
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Article51 1979-07-13 13 Reuter VAN der Giessende Noord NV said it received an order for two 24,000 tonnes container ships from the Israeli company Zim Israel Navigation Company. The ships are due for delivery before August 1981. A spokesman for the company declined to give the value of the order.Reuter - 51 words
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Article, Illustration563 1979-07-13 13 FUTURE Activities of Kontena Nasional, a container haulier company owned by the Malaysian government, will be directed at developing back-up facilities for its growing business. The company's inland clearance depot located at Sungai Way is to be expanded over the adjacent two hectares of563 words
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Article208 1979-07-13 13 UPI VERY lew confirmed details emerged m ma outwardly sluggish freight market Imt there was still do alga of rate detertoraiioa aad the conseasus of •pinion seemed to he that safflctent underlying support was available to sustala the geaerai tone. Traaa-Atlaatic round voyages continued to provide employmentUPI - 208 words
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404 1979-07-13 13 SAFMARINE, the South African national shipping line, is to leave the oil transportation business and will expand its bulk trades, especially coal. The company has sold its 217,000 dwt crude carrier, Kulu, to Greek interests for between US$7 million and 18 million (between 5515.4404 words
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1892 1979-07-13 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list bejpw tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Fort of1,892 words
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Article517 1979-07-13 17 Sklpptag U*e P»*e C*l Shlpptag Llmr P»|» CM I ACS n 5 Cideco V Afea TV 3 CMCR m 2 Alpac IV 5 CNAN n 4 Angkutan V 3 Country n 3 ANL i 1 APL m 2 DSR-Lines IV Arya Nat n 5 Dong Sue n 4 ASCL517 words
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Article995 1979-07-13 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Inb. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and is subject to change 1 (2) All export FCL containers and LCL cargo must be delivered to the AuthoI rity's premises995 words
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Article, Illustration797 1979-07-13 18 THE extremely favourable market conditions prevailing until late 1976 77 in the heavy lift market has induced a number of shipowners, probably encouraged by the many shipyards looking for orders, to contract new specialised heavy lift tonnage. These new vessels are now797 words
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Article, Illustration302 1979-07-13 18 THE Oakland Btwd a# Part C*mminiHfn ku appraved a budget far the fiscal year lITt-IMI with (prnttii; rrvnin estimated at rsss4.t mllllan (S$7C mllllan), u Increase af 13.7 per cent over the estimated aprrndag reveaaea far the previous year. Of that figure, $17.2 milliaa are expected302 words
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Article, Illustration471 1979-07-13 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Dove (1300) (P/O) 15/16 Car Liner No. 1 (ro/ro) (1600) 19 Chidambaram (1500 after Ibn Malik) 1/2 Chosei Mara (ro/ro) (1000) 46 Golden Eagle (0600 23 Kota Mewah (0700) 10/11 Perlis (After Rajah Brooke) 20E Nedlloyd Honshu (after Pikebank) 3/4 President Wilson471 words
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827 1979-07-13 18 Lloyd's List AN INSIGHT into top Soviet thinking on merchant shipping has been given by Mr Timofei Guzhenko, the USSR's Minister of Merchant Marine. No programme for engineering an "artificial confrontation" between East and West over shipping will remove today's shipping slump, he warns. "ItLloyd's List - 827 words
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Page 13 Advertisements
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Advertisement737 1979-07-13 13 Scan Dutch V Fast and Regular Service To/From N.C./SCAN/W.MED./U.K. Singapore Tel *****1. Port Kelang Tel *****1. Kuala.Lumpur Tel *****. Penang Tel ***** J A R 1)1 NT AMAH M Orient Overseas Co*Ua*teA Line FULLY CONTAfCRISED SERVICE TO EUROPE (VIA SUEZ) MERCATOK 12W ORf NTAI CHIEF 15R -1 < S SEAS737 words
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Advertisement212 1979-07-13 13 S3 mi isz SEALORD ANTAH UASC UNITED ARAB SHIPPING CO (SAG) H All vessels ***** DWT, 105 TON H L Derrick ■ma 288 TEU Capacity. Long Length Capability ■ARABIAN GULF WEEKLY SERVICE Vessel S pore Loading for Bahrain <13 8). Kuwait (16 8). Dammam <19 8) 14 8 Kuwait Dammanv212 words
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Advertisement466 1979-07-13 13 NOL NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE S yy. p Man f slow* MLRCAW- IIS My 17 My A*i s*«* 6 Aug 0 Ct«F 21 My 22 My 8 Aug 9 Aug 10 An SS IMGE* 31 July 1 Aug 1? Auj 22 Aug C466 words
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Advertisement736 1979-07-13 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore Tel *****1 Port Kelang Tel *****1. Kuala Lumpur Tel ***** Penang Tel ***** MAERSK LINE for US Ppcrfic P»hc North West Giitt t Atlantic last Canada and Meiico lAlso accepting lor Hongkong Taman Japan and Korea) Mother Vessel736 words
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Page 14 Advertisements
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Advertisement815 1979-07-13 14 wn Hapag-L FULLY CONTAINERISED TO EUROK EXPRESS CONVENTIONAL TO EUROPE Spate PKelang Pen Bi>« Genu H'burj Bremen Rdam Antwerp Moselstec 19 7 217 198 12/8 30/8 28 8 25/8 23/8 Regenstew 27/7 25 8 17/8 4/9 2/9 30/8 28/8 Peter US 11/8 13 8 15 8 13/9 4/9 24/9 22/9815 words
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Advertisement424 1979-07-13 14 barber blue sea lartwrMucSM Wl From: US ATLANTIC US GULF t EAST CANADA I Los CratoM Oct 7 Sep Oct 2D Sep Oct 22 S«p 21-22/7 2J-25/7 From: CANADA/USA Pacific Coast Sais Sawa SarpJu Vancancr BC 11-12/7 2S-M/7 Seattle 11-15/7 25-10/7 Tacami 15-17/7 je-2/l lonc»*« 11-19/7 M/l t 11-12/1 2S-20/I424 words
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Advertisement675 1979-07-13 14 ©EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP IE HAVRE ALSO ACCEPTMG CARGO FOR UNITED HUG DOM SOUTHAMPTON LONDON MANCHESTER BIRMMGHAM BRISTOL LIVERPOOL. GLASGOW. LEEDS WEST GERMANY &«MfftHAV*N HOLLAND AMSTERDAM Spare Hantwi Frtutare btlarta* Uwp L« Hnre ttctary 17 M 7A* »A*675 words
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Advertisement991 1979-07-13 14 Everett Lines/ m Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON Sngaport .2S/30 My BF SSC Agents m Moloysio TEPS MALAYSIA Port Ketong T«M3B>-7355 Penong Tel *****/***** Com pa ma Argentina Oe Navegacion Intercontinental S. A. C.I. F. 1 "ARGENTINE NATIONAL LINE" LOAOMG FOR DURBAN. CAPETOWN, BUENOS991 words
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Advertisement578 1979-07-13 14 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103. 21ST FLOOR MARINA HOUSE SHENTON WAY MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****70 lEJI SANKYO LINE AUSTRALIA SERVICE YUE RIVER.. YUt MAN.. MAY CARP.. P. KeUnc Snfapore Loadvif lor: 21/22 My 19/20 My FREM. ADEL. MEL 27/29 July 30/31 Uy578 words
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Page 15 Advertisements
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Advertisement943 1979-07-13 15 Overseas I II Containers Limited Weekly service to/from UK/Europe To UK/Continent Liverpool Bar Benalder Hambwj Eipress Beiunti Tokyo Bay Card* an Bay Iduo Eipress Rhne Mjru Kasuca Maru Osaka Bay Saied ki Port It kd 20 kd 26 hd 27 kd 4 Auc 5 Aug 12 *u t 13 Auc943 words
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Advertisement985 1979-07-13 15 GRANARD LINE RELIABLE DEPENDABLE NON-CONFERENCE EXPRESS SERVICE NEST BOUND-FAR EAST/MEDITERRANEAN S pore f.Kctan( Penanf loarfot tar: M V MAN FUNG V 2tW 30 M Mdah P Said Aleiandria Beirut lattakia Pireauv M V MM KM V2M 17 Auf P Said Ak.andr.a Beirut lattakia Pireaus MVAMONG FUNG 30W.. 31 Auf Mdah985 words
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Advertisement677 1979-07-13 15 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE WITH LBERTY TO CALL AT RED SEA POUTS SPORE *****4. K LUMPUR *****4 P KELANG 6521 PENANG ***** BEN ASIA CONTAINER SERVICE EXPRESS com WO SERVICE STRAITS/TAIWAN/JAPAN TO TAIWAW JAPAN S port PKetang Penang Km Kee Tokyo Kobe FROM JAPAN IBENBULK BULK677 words
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Advertisement429 1979-07-13 15 <r~ Scan Dutch 9 EKLY EXPRE fVT iVAVi M i 14/7 n/; a/7 OiWM I HUICBCA 14/4 DiMH 11/1 24/4 l/» ii m IPV F 1 tM 7) m I" 1 'i 1 ND FROM MED/UK/NC/SCANDINAVIA 14/7 SJM 74/7 75/7 t) MaAns StockMn. (Mi. MMfe 2) Capenhagen AartM 3) Bremen429 words
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Advertisement781 1979-07-13 15 BOUSTEAD SHIPP,NG AGENCIES THE BANK LINE LTD. LOADS FOR E. S. AFRICA FAfCROMEN (Reunion. Maiunga Durban Ctown PE. E Ldn) S pore 25/29 Aug P Kelang 30 Aug 1 Sep FROM EAST I SOUTH AFRICA FOR BANGKOK MANIA A KSSa Penang 'P Ketang Spore Au( U.S. GULF COAST SERVICE (New781 words
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Page 16 Advertisements
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Advertisement1041 1979-07-13 16 K LINE KAWASAKI KISEN KAISHA. LTD. TO EUROPE P Kelang I Ha»re R dam J Aug 4 Aug 7 Aug 8 Aug 18 Aug 23 Aug ?0 Aug 23 Aug' Bremen Awerp 9 Aug 11 Aug 14 Aug 16 Aug 22 Aug 2% Aug 27 Aug 29 Aug 3 Sept1,041 words
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Advertisement811 1979-07-13 16 (S3 U.S.A./EAST CANADA SERVICE Penang Idmn P Mang Singapore E.C./GREAT LAKES SERVICE LOADMG FOR WW TOM. NORfOEK. MONTREAL. TORONTO Penang Belaaan P KHjnf ingaootf WHUA IE!" <C* Oicage) (/S% 2/3 Aug 30 My/1 Aug "VISHVA OHARMA" 31/31 Aug 20/29Aug 25/27 Aug CALIFORNIA/PACIFIC NORTH WEST SERVICE LMdinc tar: LOS ANGELES. SAN811 words
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Advertisement387 1979-07-13 16 r~ S S A(ir<ni|) SINGAPORE SHIPPING AGENCIES PTE. LTD 20tm floor ocean buhong Singapore i marketing *****2 (3 LINESi GENERAL 91 Jll < 114 LINES) TELE* RS ***** RS ***** A B C ARSMIP •CA 8L E CARGOSMIP SL\ SINGAPORE ISLANDS USE MIPDI t HAST RK.LLAR USER A SAFE WAV387 words
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Advertisement788 1979-07-13 16 MALAYSIAN TIRNA TtONM SHIPPING CORPORATION 8 CRM AO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA I) Barcelona Genoa 2) Amsterdam Antwerp I Harre Bilbao Basle UK 3) Bremen Bremenhaven. Aarfcvs Copenhagen HetyMi 4) Maimo Stockholm Oslo •Accepting tirope cargo toe feeder ma S pore EAST BOUND: EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT788 words
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Advertisement895 1979-07-13 16 INTRASEA (PTE) LTD. Faber House. 234E Orchard Road Singapore 9 Telephone **********4057 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S pore P. Ketanf Penan* Loadng for: RATNAMANORAMA W842 hi Port 14 M Avon (UK) Boulogne R NB4S 22 U 24 Jul Boulogne/R'dm Avon(UK) Ajents Singapore MTRASEA (PTE) LTD *****11 BOOK895 words
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Advertisement269 1979-07-13 17 EGYPTIAN INTERNATIONAL LINE (EIL) J EGYPTIAN FLAG CIDECO PTE LTD (SHIPPING DIVISION; SUITE 3602 HONG lEONG BLOG SINGAPORE 0104 {Vlhcii» oaned subsidiary ot City Developments ltd a member of the Hong Leong Group) swotfoiit; wwon* timss sawct t Singapore Bangkok HOI ONN 03N 14/21 UT 25/2 AUG MOtONNOSN 6/14 AUG269 words
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Advertisement377 1979-07-13 17 £adt €*pre 4* £iH*6 igtd PERSIAN GULF SERVICE ITS ni) LOADING FOB: EASTERN EXPRESS V.9SW 22 hd 23 M Muscat/Did», Abu Dhabi/ Bahrain/Kuwait EAST-BOUND DGCHAKGX6 OW.Y HA ETO HANKES BAT V 991 25 U 26 M RANGOON/ CHTTA6ON6/ CHALNA SERVICE M V FIVE ISLANDS In Port TBC CONTAINER SERVICE TO377 words
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Advertisement282 1979-07-13 17 P.T PGtUSAHAAN PELAYAAAN ANGKUTAN PERTAMBANGAN THE OUT SMGAPORE/NXVCSM CONTAfO FEEDER SERVICE AUTHORISED BY NXNCStt GOffIMCNT INTO Fill CONTAOO VESSELS EACH CWW TUG 112 TEU VESSEL SINGAPORE LOADING FOR TAMBANS n 30/7 JKT TAKARI I 11/7 KT ALSO ACCEPTNG CARGO FOR NDONESIA GOVERNMENT PROJECT ANO HEAVY MACHMERCS TAKAM M 27/7 JUT282 words
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Advertisement366 1979-07-13 17 .CHINA OCEAN SHIPPING COMFttNY UKC SERVICE LANG PENANG 25/27 )Hy 27m kiy n/n My Aug 25'26 Aug 25/26 Sept 10ADMG FOR Antwerp Rotterdam Hamburg Antwerp Rotterdam Hamburg London Rotterdam Hamburg Rotterdam Hamburg Bremen Rotterdam Hamburg Rotterdam Hamburg MEDITERRANEAN SEA SERVICE Tm Ctwan 25/27 My Barcelona Marseilles Genoa Accepting contamrs AGENTS:366 words
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Advertisement309 1979-07-13 17 NOTICE FAR EASTERN FREIGHT CONFERENCE FAR EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE HOTICE TO SHIPPERS The Egyptian International Shipping Company (S.E.A.), Cairo, will become a member of the Far Eastern Freight Conference and its associated Conferences as from Tsth July, 1979 to cover their operations in the trades309 words
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