The Business Times, 18 July 1979
1979-07-18
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The Business Times
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Title Section10 1979-07-18 1 BUSINESS TIMES M.C.(P) No. 148/1/79 WEDNESDAY, JULY 18,lf» 50 CENTS10 words
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BRIEFLY...
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Article83 1979-07-18 1 AFP KUALA LUMPUR, Tues. Malaysian Transport Minister Tan Sri V.Manickavasagam is now in London with a high-powered delegation to thrash out a new air-services pact with Britain. He is expected to call on the British Secretary of State for Trade, Mr John Nott, today. The ministerial levelAFP - 83 words
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Article66 1979-07-18 1 AP LONDON, Tues. Nearly 200,000 Vietnamese refugees have died after fleeing their homeland, Australian Immigration Minister Michael Mackellar estimated today. "Our estimate is about 50 per cent of those leaving by boat perish on the journey, and that puts the death toll in broad figures atAP - 66 words
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Article74 1979-07-18 1 AFP BEIJING, Tues. China and the European Economic Community today began trade talks here with disagreement on textiles darkening the horizon. Textiles have been under negotiation by experts for more than a week. China recalled its bid for the EEC to increase quotas for Chinese textiles fromAFP - 74 words
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Article63 1979-07-18 1 UPI MANAGUA, Nicaragua, Tues. President Anastasio Somoza resigned early today, ending 42 years of dictatorship by his family. Members of Congress has elected the president of their Lower House, Mr Francisco Urcuyo, to succeed him. Mr Urcuyo, 54, is expected to serve as President pending the arrival fromUPI - 63 words
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Article70 1979-07-18 1 UPI TWENTY-Six Vietnamese refugees rescued by a Norwegian tanker were brought ashore last night. The refugees, 10 men, six women and 10 children, were reportedly in good condition and taken to a processing camp where they will await resettlement. Four of them have sisters living in the UnitedUPI - 70 words
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Article79 1979-07-18 1 AFP. NEW DELHI, Tues. The choice of a new Prime Minister to replace octogenarian Morarji Desai continued to elude political parties here today amidst indications that President Sanjiva Reddy might take steps to dissolve Parliament and call for an election. Sources close to Mr Reddy saidAFP. - 79 words
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Article63 1979-07-18 1 UPI NEW YORK, Tues. The market, uncertain about President Carter's proposed US$l4O billion energy programme, was mixed early today in sluggish trading. The Dow Jones industrial average, which gained 1.37 points on Monday, was off 0.76 point to 834.12 in the morning session. Declines led advances, 472 toUPI - 63 words
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Article131 1979-07-18 1 Rises Indices Ayer Hitam Tin Guthrie Malayan Tin Sungei Besi S B S M Banking T ractors Berjuntai O C B C Straits Trading M Breweries 1300 223 1670 1140 197 635 595 820 685 680 560 80 28 20 20 18 15 15 10 10 10131 words
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Article, Illustration156 1979-07-18 1 Rises Indices D. Keramat 1150 30 Jul 16 Jul 17 S.B.S. 191 21 B.T. Index: Minsec 396 10 3215.02 3232.97 Tractors 590 10 Industrials: 402.62 404.11 Sg Besi 1140 10 Finance: 599.27 603.27 S'pre me Corp M Tobacco 170 400 08 08 Hotels: Properties: 254.29 254.38 233.45 234.70156 words
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Article627 1979-07-18 1 TEO TECK WENG - SUPERMARKET MANAGEMENT By TEO TECK WENG FITZPATRICK'S Food Supplies (Far East) is now negotiating with Metro (Pte) Ltd, retail arm of Metro Holdings, to manage the latter's supermarkets. Negotiations are still at a preliminary stage but both parties hope to reach an accord next month.627 words
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Article177 1979-07-18 1 THE MINISTER for Finance, Mr Hon Sui Sen, will be asked to state the rationale for employers' contribution to the Skills Development Fund at the next Parliamentary sitting. He will also be asked to explain why this contribution must be made by employers whose businesses177 words
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Article64 1979-07-18 1 Reuter INDONESIA last night offered to increase its oil exports to the Philippines by 25 per cent and to help supply natural gas to ease Philippine fuel problems, a senior Indonesian source said. The offer came during a two-and-half-hour discussion between President Marcos and President Suharto, whoReuter - 64 words
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Article, Illustration496 1979-07-18 1 THE United Nations -inference on Indochinese refugees beginning in Geneva on Friday will be the world's third experiment to solve the problem based on humanitarian principles. Foreign Minister S Rajaratnam said that while such experiments may prove to be worthwhile, participants should also496 words
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Article171 1979-07-18 1 Reuter THE Japanese Defence Ministry yesterday unveiled an ambitious programme to beef up its armed forces during the early *****. Although the plan contained no figure for the cost of the military buildup programme, ministry officials said it would cost about US$l2.9 billion. The plan will giveReuter - 171 words
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225 1979-07-18 1 THE ASEAN Economic Ministers' meeting scheduled far next week bs bee* postponed to September. The actual date of toe meeting has net been confirmed. Economic Ministers mt toe live Asean countries usually held their midyear meeting either la June ar July. This225 words
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467 1979-07-18 1 RAHIM KASSIM - By RAHIM KASSIM THE Omani Government is studying three proposals made by Singapore recently on the possibility of refining Omani crude oil in the Republic. The proposals were made to the Omani Government by Mr S C Lim, the Singapore-based information officer467 words
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Page 1 Advertisements
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Advertisement32 1979-07-18 1 whatever you need i menswear,getitat. 1 fVSI iS MOHAN'S DEPT. STORE (PTE.) LTD. 321, Orchard Road TH *****22 (next to Mandarin Hotel) Branch 101, Tangtin Shopping Cant ra Tal *****40 Daily 9am-9pm32 words
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Advertisement265 1979-07-18 1 Leader Page C Fastest Ways to Build Capital Commodities, Discoveries and Technology Reading the weekly Capital Gains Research report is like walking through a department store of money-making ideas. In our newest bulletin we review an early-1978 technology recommendation which has moved from $10 to over $60 and is being265 words
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Advertisement70 1979-07-18 1 Leader...Page I imiiDß SHIPPING TIMES INDONESIA speeds up resettlement pr0gramme...................... 3 BACK to basics la forecasting... ENERGY plan may give US economy a boost 7 MORE banks giving forex advisory services I SINGAPORE Investors have a short mem0ry........................... 11 POSB sharpens rivalry with better 5ervice5.......................... 12 SINGAPORE among world's fastest70 words
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Advertisement225 1979-07-18 1 AvaatobM at «i iMdmg SMAfMI ROYAL SFOfmNG HOUSE PTE LTO 201. HiflU stmt CMt Smgtpofi T«l *****53 4 MM* The Editor 4C—a robust, yet very elegant, machine. The heavy-duty Editor 4C is built for continuous use This is a very tough, fast typewriter that is easy and reliable to operate.225 words
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TRADE AND INDUSTRY
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Article430 1979-07-18 2 COURBES AND TALKS April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, SITC, 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 to430 words
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352 1979-07-18 2 CHOO AI LENG - By CHOO AI LENG THE first aerospace plant to set up at Loyang Industrial Estate, Vac-Hyd Processsing, has installed a heat treatment facility, the largest in South-east Asia, for aero-engine components. This move is the second phase of a four-step expansion programme to increase352 words
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Article247 1979-07-18 2 RUTH CHENG - By RUTH CHENG SINGAPORE'S rubber exports in April totalled 90,725 tonnes, a 25.5 per cent drop from that exported in March. Imports also dipped slightly by 3,337 to 64.414 tonnes, but they rose 40 per cent over imports in April 1978. Malaysia supplied about SO per cent247 words
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253 1979-07-18 2 THESE hi a great potential tor suppliers ef maftiwry Mi equipment far the timber Mutry becaaae mrt eMUtrid la the regfoa we praeeariag lege aid ethers are rkaaglag to madeni method of preiacttoa to niue wastage. This ehaervattoa was made by Mr Aathaay Ng,253 words
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363 1979-07-18 2 FOO CHOY PENG - By FOO CHOY PENG REPCO Manufacturing, the Republic's only manufacturer of universal joints, intends to market its products worldwide This is a departure from the usual practice of Repco Limited's other overseas subsidiaries in India, New Zealand and South Africa which cater primarily to363 words
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Article, Illustration177 1979-07-18 2 NEEDHAM, Harper and Steers follows six guidelines when it comes to advertising, said Mr Paul Harper (above), chairman of the board and chief executive officer of the international advertising agency. He was speaking at a meeting of the Singapore Advertisers Association yesterday. The six guidelines are:177 words
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120 1979-07-18 2 TIMBER Team, a division of the Costraco group, is exhibiting woodworking machines at Costraco's warehousing complex in Pasir Panjang (Module 403, Godown 34, PSA Gate 1). The show is open to trade visitors daily from 10 am to spm until Friday. A range of 12 specialised120 words
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Page 2 Advertisements
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Advertisement46 1979-07-18 2 i V Tips From Nights At The Turntable $3.00 a copy. ij.uu a copy. To be given away to readers of The Craft.of Sound Further details, pick up a copy or call Irene at *****91 for subscription. t v < > -v. *4 A Times Periodicals Publication mm46 words
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REGIONAL
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Article366 1979-07-18 3 Reuter PHILIPPINE Trade Minister Troadio Quiazon has urged rubber producers to exploit more fully the potentials of their industry in face of declining competition from synthetic rubber because of shortages of crude oil. Addressing the Fifth Plenary Conference of the Rubber Industrial Association of South-eastReuter - 366 words
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Article250 1979-07-18 3 AFP SOUTH Korea's wholesale prices are expected to rise this year by an average of at least 24 to 25 per cent, far beyond the government's already once revised target of 14 per cent. This is due to the drastic hikes in oil product pricesAFP - 250 words
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Article210 1979-07-18 3 AP A GROUP of Japanese businessmen will soon start negotiations with the Kampuchean government to resume trade on a private basis between the two countries for the first time in six months, a spokesman for the Japan-Kampuchea Trade Association said yesterday. The association, made upAP - 210 words
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Article137 1979-07-18 3 UPI THE Philippines is expected to improve its balance of payments position in the second half thus reducing the trade deficit to around US$35O million (5J752.5 million) at the end of the year. Disclosing this. Finance Minister, Cesar Virata said, the Philippines suffered a $395 million deficitUPI - 137 words
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Article, Illustration66 1979-07-18 3 THIS experimental USS3M million (Ss€3l million) coal liquefaction plant in Catlettsburg, Kentucky, is one of three energy alternatives the United States government will pursue in the coming years. The plant is scheduled to begin operation in a few months. Eighty-five per cent of the funds for theAP photo. - 66 words
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Article524 1979-07-18 3 A MALAYSIAN official has assured Japan that it is very unlikely it will one day face competition from an industrial power (Malaysia) that it helped to build. "The chances of our becoming another Japan are truly remote. Neither you nor your workers need have such fears," Dato524 words
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457 1979-07-18 3 THE recent spate of electricity load-shedding and power failures in Kuala Lumpur, Petaling Jaya and Shah Alam have prompted some manufacturing companies to sign an agreement with their workers' representatives on alternative arrangements to maintain production. Twelve companies in the affected zones signed an agreement457 words
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400 1979-07-18 3 AP. AMERICANS in official positions in Japan are being pressured to cut energy consumption in line with conservation moves of the Carter Administration. Officials indicated that more compulsory action, rather than voluntary, may be in store. In Japan, US military personnel haveAP. - 400 words
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221 1979-07-18 3 AFP FRENCH ladastry Minister Aadre Giraad, who arrived la Beijing ea Monday far a week-long visit, conferred with tap-level Chlaeoe officiate la the fields of electronics, water sapplles aid textiles. He will meet the mialsters la charge of all, metallurgy, chemicals aadAFP - 221 words
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462 1979-07-18 3 AFP THE INDONESIAN government is to speed up the implementation of its massive transmigration programme because of the pressing need to move people from crowded Java to the Outer Islands, a Transmigration Department spokesman said yesterday. President Suharto summoned ministers in charge of theAFP - 462 words
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185 1979-07-18 3 Reuter. JAPAN'S industrial production index in May was revised upwards to a seasonally adjusted 132.4 (base 1975), from 131.8, the International Trade and Industry Ministry said. The revised index rose 2.1 per cent from 128.7 in April, which rose 0.8 per cent from March. The year-on-yearReuter. - 185 words
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Page 3 Advertisements
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Advertisement58 1979-07-18 3 f w JAKARTA BUSINESSMEN SPECIAL Sssl6* Return economy airticket on SIA or Garuda Airport Transfers in Jakarta Two nights C Breakfast extras at any of the following luxury class Jakarta Hotels (twin HUtaMMal mr The package to beat all package'' Call for more details or brochure Utfii lUI muvv <5^*****2258 words
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Advertisement141 1979-07-18 3 This announcement appears as a matter of record only GOVERNMENT OF MALAYSIA U.S. $100,000,000 Term Loan Managed and Provided by Arab-Malaysian Development Bank Berhad, Bahrain Branch Bank Bumiputra Malaysia Berhad, Bahrain Branch Gulf International Bank B.S.C. The National Commercial Bank, Bahrain Branch (Saudi Arabia) Saudi International Bank (Al-Bank Al-Saudi Al-Alami141 words
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RAW MATERIALS
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Article364 1979-07-18 4 THE Singapore rubber market yesterday closed higher with August One RSS buyers quoted at 288.50 cents per kilo, up 5.50 cents from Monday's close, dealers said. Morning prices were marked up seven cents on higher London advices, covering demand, speculative and upcountry buying, they said. Afternoon prices were slightly364 words
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Article364 1979-07-18 4 R.A.S prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int 1 R.S.S. prompt f.o.b. 292.50 293.50N 291.00 292.OON Int 1 R.S.S. August 290 00 290 50 288.50 289.00 Int. 1 R.S.S September 289.50 290.00 288.00 288 50 Int 2 R.S.S.364 words
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Article120 1979-07-18 4 NOON SSR and SMR prveea yeaterdav RAS Ailut Septenber (Carnal Mthl (Forward Mtk) Buyera Sellers Buveri Seller* SSR 20 11 ton pallet' 278.00N 280 00N 278 00 280 00N SSR 50 II ton palleti 275.00 277 OON ***** 277 00N MRELB SMR CV tl ton pallet) *****120 words
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Article85 1979-07-18 4 THE STRAITS tia price la Peaug yesterday eaaed another MQ to $I,KI a ptcul. The easier sentiment was farther depressed by the metal's weakaees ia Laadaa ea Meaday esspled with slightly larger supplies of tia ore tram miners, dealers said. Tstal taraaver Increased ts 2t3 teaaes fram IK85 words
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Article30 1979-07-18 4 Rubber: July 17 Singapore: August: 288.50 cents (up 5.50 cents) Malaysia: August: 288.50 cents (up 5.25 cents) Tin: $1,951 (down $9) Official offering: 203 tonnes (up 11 tonnes)30 words
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Article327 1979-07-18 4 SINGAPORE: Yesterday's closing prices in SS 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. 2 per cent new crop no stock. B-10 per cent 0.70 THAI BROKEN: A-super 0 62. Special327 words
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Article850 1979-07-18 4 COPPER: Wire bars finished yesterday morning up £12.5 for cad) and £11.5 for three months. Values picked up on the pre-market under bear and short-covering attracted by Monday's lower levels and the continued strength in gold, although the advance was restrained by the firmness of sterlingg, dealers said.850 words
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Article159 1979-07-18 4 THE SUGAR futures market yesterday closed firmer in continued quiet trading, dealers said. September closed at 8.96/9.00 US cents against Monday's 8.85/90 close, October at 9.20/25 against 9.10/15 and July at 10.65/70 against 10.50/55 cents. Sugar future* rlaaing price* 1 1 OmnT Sep 896 900 885 90 Oct159 words
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Article196 1979-07-18 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollar*, spot ex-godown) CattM fwi: China Blue Phoenix 20s 2.310; 32i 2.830 40s 3.040 (per bale of 400 lbs). Piece (m4i China Butterfly and Globe brand unq. Dragon Head unq. Five Lamb* unq. Flower and Butterfly196 words
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Article124 1979-07-18 4 WHEAT futures on the Chicago Board of Trade on Monday closed mostly higher on moderate mixed buying met by a lack of selling. Nearbys gained from five US cents to a quarter cent a bushel while two back months closed off half a cent to three cents. Traders said124 words
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Article361 1979-07-18 4 GENERALLY dull conditions prevailed on the Singapore produce market yesterday. The level of transactions was low and still confined mainly to sales to nearby countries on consumer account. There continued to be fairly good demand for copra and coconut oil. Prices of both commodities held from steady to361 words
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Article125 1979-07-18 4 CHICAGO soybean futures on Monday closed down 6 3 to 3V« US cents a bushel in mostly quiet trading. Prices were depressed by weekend rains in Central Illinois which prompted selling by commercials and professionals. However, traders noted some light commercial buying near the close. Analysts also said there125 words
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Article68 1979-07-18 4 C.I.F. North European port*, in US dollars per ton unleu otherwise stated LONDON: Mob .Previous Malaysian 5*ffa bulk per tonne September 684s Ir 679slr Sumatra 5H f fa bulk July TOOslr TOOslr August flBTislr 695slr September OBSslr SOOslr October 862 .sir 687 i sir November SMpd Nigeria 5*68 words
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189 1979-07-18 4 SHIPMENTS of Straits refined tin from Penang rose to 6,829.25 tonnes in June compared with 5,411.75 tonnes in May and 5,344.00 tonnes in June 1978, the Straits Trading Company said. Cumulative shipments in the first six months of this year also increased to 37,231.00189 words
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Article186 1979-07-18 4 EXPORTS of all types of rubber from Singapore fell to 90,725 tonnes in April from 113,873 tonnes in March but increased from 88,888 tonnes in April last year, statistics department figures show. Imports of rubber into Singapore also fell in April to 64,414 tonnes compared with186 words
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ASIAN STOCKS
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663 1979-07-18 4 Tokyo Source: DBS-Daiwa FORERUNNING oil-develop-ment related stocks «uch as Nippon OH. Teikoku OU and Toa Nenryo Kogyo fell either on profit-taking or light telling yesterday. However, energy-substitute-related issues and long relatedstocks including Tokyo Sanyo. NEC and stainless steel issues were active and higher owing toSource: DBS-Daiwa - 663 words
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Article319 1979-07-18 4 Source: SHK Sec Ltd THE market opened on a week note yesterday, possibly reflecting indecision over President Carter's energy proposals, the soaring gold price, the plunging Hongkong dollar and the residual UK selling orders. However, the market seemed to shrug off its worries by mid-day and following unconfirmed reportsSource: SHK Sec Ltd - 319 words
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Article278 1979-07-18 4 THE MARKET yesterday closed firmer with the argest gains among mining stocks, with President Carter's energy speech giving a boost to gold and uranium shares, dealers said. JULY It Cent* INDUSTRIALS A. C.L UT unch A. N I 175 unch A. P. M m unch Ampol PtL B H278 words
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Article92 1979-07-18 4 THE STOCK market yesterday closed mixed in quiet trading, dealers said. JULY 17 Bahts A«l* 230 2 Asia Fibre 187 3 Ayuthaya In* And TYwt Bangkok Investment Bangkok Bank Z MO •2 Bangkok Drying And 8Uo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya92 words
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Article65 1979-07-18 4 FINANCIAL TIMES INDUSTRIALS Monday 470.7 Friday 466.6 Week Ago 468 7 DOW JONES AVERAGE INDUSTRIALS Monday 834.90 Friday 833.53 Week ago 852 99 LONDON DOLLAR PREMIUM Monday 27'« to 27 Friday 26 to 26 i H.K.HANG SENG Tuesday 551.54 Monday 548.99 Week ago 550.28 SYDNEY INDUSTRIALS Tuesday 487.0765 words
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Page 4 Advertisements
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Advertisement143 1979-07-18 4 PENGUIN BOOKSHOP RUNNERS HANDBOOK 10!^\ THE Winners handbook gillU'lii ''M I liin ||M I HANOOOOK yp. es pp.^. WHY DO RUNNERS MAKE SETTER LOVERS i HAND B O OK RUNNING I STIMULATES? uiAsreash Of HEALTH A 1 rh« RUNNER'S H+ruihook 4 rz\ 5P5 8E Here at last is The Runners143 words
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OVERSEAS
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Article716 1979-07-18 5 ARRIVALS Service Local Operator Number Time From SIA SQ201 1245 HLP MAS MH684 1245 KCH UB UB231 1115 RGN MAS MH651 1330 (MES)/PEN/KUL SU SQ455 1340 BWN SIA SQ61 1340 BKK SU SQ117 1345 KUL SAS SK971 1345 CPH/KHI/BKK GIA GA900 1400 HLP CAL CI010 1440 JED716 words
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Article489 1979-07-18 5 Washington Star PRESIDENT Carter's decision to end even-handed treatment of the Soviet Union and China in matters of trade will damage US commercial relations with Russia, according to a leading international businessman. Mr William Verity Jr., cochairman of the US-USSR Trade and Economic Council, saidWashington Star - 489 words
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Article155 1979-07-18 5 OPEC nations have invested so much of their oil revenues in the United States that they now have the ability to disrupt the dollar's stability and quickly set off widespread economic chaos, two private economists said. "Lines at the gas pumps could someday be succeeded by155 words
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285 1979-07-18 5 Reuter UK's visible trade figures tor June stowed a deficit of £4* million (*****.2 million), after exports of £3.18 billion and Imports •f £5.83 billion, while the current balance showed a surplus of £81 million, the Departmeat of Trade said. The visible balance wasReuter - 285 words
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597 1979-07-18 5 PRESIDENT Carter on Monday carried his appeal for a national crusade against execessive energy consumption to a meeting of labour leaders in Detroit, capital of America's car industry. He told them. "I have made mistakes as a president, but I have now learnt my lesson."597 words
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204 1979-07-18 5 Reuter BRITISH Chancellor of the Exchequer Geoffrey Howe said Britain will not decide on full membership of the EMS until a review of the working of the system is completed. EEC finance and economics ministers meeting in Brussels agreed on Monday that theReuter - 204 words
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Article88 1979-07-18 5 Reuter THE FRENCH gross domestic product (GDP) will grow between two and 2.5 per cent in 1980, after a forecast two per cent rise for 1979, the Paris Chamber of Commerce and Industry said. In its latest economic bulletin, it said consumer demand growth, seen at threeReuter - 88 words
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WORLD IN BRIEF
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Article295 1979-07-18 5 Agencies THE COMMON Market's regional development fund last year pledged over USS76O million (5J1.67 billion) for projects in the nine member countries, the EEC commission said. The main beneficiaries were Italy and Britain with 39.4 per cent and 27.0 per cent respectively of the total. Set upAgencies - 295 words
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Page 5 Advertisements
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Advertisement357 1979-07-18 5 m Heavy Duty Vacuum Is the answer to lower clean up costs. FOR TANKERS-DOCKS-FACTORIES-INACCESSIBLE AREAS As the cost of materials, energy and labor increases, more emphasis is placed on recycling industrial waste materials. It is imperative in today's economy to channel all of a company's resources and reserves into useful357 words
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502 1979-07-18 6 THE ISSUE of Vietnam and her refugees enters a wider arena this week in Geneva but the same basic question posed in earlier sessions on how to get the Vietnamese government to turn off the refugee tap remains. Asean countries, quite rightly, have502 words
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Article248 1979-07-18 6 THERE is one very good reason why ail employers, and not just those employing skilled labour, should contribute to the Skills Development Fund it would be virtually impossible, administratively, to do otherwise. Not only is there no readily available classification of workers and jobs248 words
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Article1114 1979-07-18 6 CHRISTOPHER LORENZ; CHRISTOPHER LORENZ - FORECASTING has developed a bad name in recent years, yet it plays an important part in the planning process. CHRISTOPHER LORENZ, continuing the planning series, looks at two new forecasting services which are also pioneering the most difficult forecasting service of all socio-political forecasting. AndFT - 1,114 words
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559 1979-07-18 6 FT. "I'M staggered how surprised businessmen are at social developments. They only needed to have thought a bit, or to have paid someone to advise them." Thus Maurice Peston, Professor of Economics at Queen Mary's College, London, at a symposium in London lateFT. - 559 words
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Article672 1979-07-18 6 GRAHAM EARNSHAW; GRAHAM EARNSHAW - CHINA, worried that sheer numbers will swamp its modernisation plans, is making a concerted effort at family planning. GRAHAM EARNSHAW reports. GRAHAM EARNSHAW GRAHAM EARNSHAW Reuter CHINA, the most populous country in the world, is worried that sheer numbers will swamp its present modernisation plans. TheReuter - 672 words
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Page 6 Advertisements
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Advertisement233 1979-07-18 6 rTvT f'FI- THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE, SINGAPORE. 26-30 MAY 1980. Every year, thousands of new rubber and plastic products enter the market Whether for use in industry or the home, every product reflects some new development in engineering or marketing expertise If233 words
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Page 6 Miscellaneous
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Miscellaneous1382 1979-07-18 6 Is the quark a quirk? IT wralda't be very fair to call It a quirk «f RTS schedallag beetue what Is available on tbe little bra is gradually bat I stress, gradually Improving. Bat Tbe Hutiag of the Qaarh at IJI tonight is enough of a rarity tor as to1,382 words
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Article, Illustration1383 1979-07-18 7 BERNARD MELUNSKY - The black market is a drain on the real resources but the government appears to turn a blind eye to most of the activity. BERNARD MELUNSKY reports. BERNARD MELUNSKY Reuter A BURMESE Buddhist monk in his orange-colour-ed robe stares intently at a Japanese radio, wondering whetherReuter - 1,383 words
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614 1979-07-18 7 LEE COHN - FORUM i with LEE COHN NYT THE energy programme is not intended as a plan for fighting the recession, but it could give the economy a lift. "Massive" funds must be committed to developing synthetic fuels and other measures to free theNYT - 614 words
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Page 7 Advertisements
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Advertisement137 1979-07-18 7 i m r< m Ya ft m m m '/S4 1 5 Y?;;jfTTT. '///a W^//#/#/irnr// Buy a pea green boat or sell a nautical puss. Leisure Times is right on target For as little as $15, you can sell anything in Leisure Times a painting, a world tour, a vintage137 words
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Advertisement72 1979-07-18 7 THE ASEAN REPORT S w fort# > 0+ I0*(IW1 (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 SDN72 words
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Page 7 Miscellaneous
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Miscellaneous41 1979-07-18 7 Bristol": RanJt DicfceoS o*TM one GORDON OUUC uPvteLN/ 2 HPS v-A£. LOST TbuCM "3 u>nef?cs FIP>»C TuPiT H»PO F\ HOUSCMOLD P J U3MRTQAJOI U*PpetJ€£> TO His ecLpuGS. artichoke. frscis. BSppfI&GUS p> lp 9>CNtv.e Fenne. PSPC ftuB€ft&t»4€. p»j avocado v«NftGee T Te41 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article150 1979-07-18 8 JULY 16 Fls 325 00 -1 80.90 -0.8 26.50 -0.9 amev 88 20 -0.3 111.70 Am rot Bank 67.50 0.2 Berk 96 JO -0.6 -02 Bo Is 62.50 -1 Borsumg 163.00 2.5 Burhmann 62 20 -0.8 66 00 -0.5 Calve Delft 171.00 0.5 Dell Mlj 108-20 17 130 00150 words
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Article268 1979-07-18 8 JULY It FYs CORBEILLE Alr-Llqulde 420 ♦5 B S N Oervals Danone 831 10 C S r (ThomsonCat) 300 Oil Cle Francalse des Petroies 189.80 2.7 Compagnle Financier* Compagnie GeneraJe 351 +3 Credit Fonder De France 473.30 0.8 Hachette (Ubralrte) 226 -2-5 Machines Bull M 0.2 Mlchelln (B) 971268 words
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Article144 1979-07-18 8 JULY 18 Francs Actions Suisse* 283 unch Alusulsse Br. 1290 -15 Alusulsse Reg 4S3 -5 Brown Boven Br. 1835 -10 Ctb« Oelgy Br. 1230 -6 Clba Oelfy P C 800 Clba Oelgy Reg 872 2 Credit Suisse Br 2200 10 Credit Suisse Re( <23 unch Elektrowatt Br. 1905 -S144 words
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Article201 1979-07-18 8 JULY ie Dm Acf-T«lcfunk*n SO JOB Akan KM -0J Alls Lcben 740.00 ir A1U Ver* 442-00 BASF 135.90 08 Bay H T Wbank 347.00 1 Bay Vbank 301 00B Bayer 128 00 BUT 274 50 ♦*7 BMW 175 JOB CaaaeUa M0 00 unch Chcm V«rw *****B unch Commerxbank 188201 words
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Article91 1979-07-18 8 JULY 18 rr» FORWARD MARKET AW 380 unch Arbed 2S80 -8 Aatiir 500 Rruran 508 unch Bru-Lamb 1800 unch 826 480 •28 -8 De Been M -1 Ebet 2186 ft Electro bel 8800 •90 Gb-Inno-Bm 2818 -26 Oe* 1214 2 HfM 2836 unch Pttro 6180 70 Rvl Dutfh 223091 words
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Article108 1979-07-18 8 J 4 l ULY 10 nlr naoc Oen Lire SI JO +1J ***** -290 Central* Plat IB -9 5106 -73 wo Ptnablar 130 unch 0«n Immob ■C VI -O in PH 23M -1 0 italcemenu ***** -1 00 iuif.. 736 02b Itauider Magnell M Pf 306.30 -1 9*0 OS108 words
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Article1183 1979-07-18 8 NEW YORK WALL Street's response to President Carter's energy message was muted as energy stocks and takeover candidates led stock prices higher in moderate trading on Monday. Analysts said the market drew some encouragement from Mr Carter's import quota plan but that most of the1,183 words
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Article238 1979-07-18 8 JULY 16 c$ AbltlM 17* k A Iran 38* -k Alfoma 27k Ik Bank Mont 24 H k Bank Note Scotia 24k *k Bell Tel 21 k 4-k Beth Corp BP Can (in 26k -k B rase an 23 k Camp Red Lake 22 >4 1 Can Imp Bk238 words
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Article286 1979-07-18 8 JULY 16 Rand INDUSTRIALS A Alpha AhwTom AE And CI AMIC Barlows Cf Sucmr CNA Currle Finance De Been Ind Edcon Edfart Eveready Fed Volk Fufflt Oardlan Oienanl Orate inn "Brasilia!. !»i >i lllllllllllllllll unch -7 >25 -S unch unch 50 -10 +S -5 Hippo Hlveld HuletU Liberty Lonrho286 words
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Page 8 Advertisements
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Advertisement611 1979-07-18 8 See Page 4 for Asian stocks Where to wine, dine and entertain SKinjese Seafood .V m 8 i J I tholrl rkp r» I *3 v i II •*ftpr Everyday is a big house affair for us Because each day is another new opportunity to perfect our service to you611 words
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BANKING AND FINANCE
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259 1979-07-18 9 Reuter THE Swiss National Bank will continue its present policy of seeking to hold interest rates around their relatively low level, in spite of last week's rise in German discount and Lombard rates, a spokesman for the bank said. In a newspaper interviewReuter - 259 words
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236 1979-07-18 9 Reuter BANKS in the 10 major industrial countries and Switzerland will soon be asked to standardise further international auditing practices, financial sources said. The Basle Committee, the banking supervisory body of the Group of 10 and Switzerland, has developed a standard interbank confirmation request, withReuter - 236 words
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516 1979-07-18 9 COLIN CHEE - By COLIN CHEE MORE banks in Singapore are entering what must seem to be a new line of business foreign exchange advisory services. As foreign exchange considerations become increasingly a part of corporate decisions, demand for the service offered by usually large international516 words
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418 1979-07-18 9 ANALYSTS said they expect the four major British banks to report pre-tax profit increases ranging from some 50 per cent to over 90 per cent when first-half results are announced between July 20 and 27. Analysts, in a survey by Reuter, said the418 words
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MONEY AND EXCHANGE$
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Article180 1979-07-18 9 THE dollar fell in early trading yesterday on disappointment that President Carter's energy plan contains nothing that will benefit the US economy in the short run, while sterling breached the U552.26 level, dealers said. Gold also broke new ground, partly reflecting the dollar's weakness, and stood at $296.70 297.20.180 words
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Article143 1979-07-18 9 THE US dollar for overnight delivery yesterday closed at 216.80 yen, up from a 216.40 opening but down from 217.70 at Monday's close. Trading was light with volume US$662 million. After an early fall, the dollar steadied in light late trading on buying by Japanese banks to cover import143 words
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Article354 1979-07-18 9 THE market was generally quiet yesterday. At the end of the day, the US dollar closed easier against major currencies while sterling closed firmer against the US dollar. Not much movement was recorded for trading in the US dollar against the yen. The activity was limited to within354 words
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Article49 1979-07-18 9 RANGE of prtcca otter ed by dlacount houees on July 17. Overnight 4M* Call deposit* 4H* Cloalac BnyiM 8* Uia< 3 month Treuury bills 411/1# 4 0/16 3 month Bank btlU 713/16 711/16 3 month CD 7H 1% 6 month CD Tit 7H Source: National Discount Co Ltd.49 words
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Article21 1979-07-18 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8.25 per cent.21 words
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Article182 1979-07-18 9 Asian rates ASIAN currency deposit Interbank rates as at close on July 17: 7 days 1 months 2 months 3 months 6 months 9 months 12 months U8 Dollars* Spot) Offtr Bid 109/10 107/10 10 S 10H 10 13/10 1011/16 10 13/16 1011/16 10 13/16 10 11/16 10H 10W 109/16182 words
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Article416 1979-07-18 9 GOLD futures in Singapore yesterday closed sharply higher compared with the overnight closing levels in active trading, dealers said. Opening quotations were marked up around US$3.6O, reflecting firmer overseas gold prices and thereafter rose slightly during the morning's trading. It firmed a further US$2 in the afternoon on local416 words
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Article189 1979-07-18 9 THE US dollar yesterday was narrowly mixed against the major currencies in quiet late trading here, dealers said. They said trading was generally featureless, as the market continued to assess President Carter's energy package and awaited indications of whether central banks would continue to intervene in the market. The189 words
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202 1979-07-18 9 AFP TWO Phlllppiae Anns a bank ui M Invmtment hease will set ap depeslt-taklsg nkiUi* aries la TT'ttff the Maalla balletta Tsday uM yesterday. The balletta said the Predaeers Baak af the Philippines (PBP) aid the laveataießt Uaderwrittag Carp sf the PhUlppiaeaAFP - 202 words
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Article88 1979-07-18 9 THE Bank of Japan said it notified local banks and mutual trust banks of tightened unofficial control over their net additional lending for the July/September quarter. The bank last month told 13 city banks of a 31.0 per cent cut to 766 billion yen in the88 words
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584 1979-07-18 9 NYT LAST WEEK, J.P.Morgan and Co weighed in as the first major New York City bank to announce earnings results for the April-June period. Its net operating income climbed to US$l.72 a share from 11.51 in the year-earli-er quarter. iSe house of Morgan isNYT - 584 words
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478 1979-07-18 9 Reuter BANKAMERICA Corporation said its second quarter loan loss provision was USJS6 million, up from $37 million a year ago. The company said its total loan loss reserve at the end of the period was $458 million, up from $376 million a year before. BankReuter - 478 words
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224 1979-07-18 9 Reuter THE Bundesbank's credit policy decisions will not throttle the German economy, State Secretary at the Economics Ministry Otto Schlecht said. He said in an interview with Deutschlandfunk Radio that Germany can still count on a 4 per cent increase in real growth thisReuter - 224 words
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Page 9 Advertisements
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Advertisement82 1979-07-18 9 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. If"tv'jsSr Can you really afford to miss Subscribe now. Cot oat and post today To:82 words
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Advertisement125 1979-07-18 9 For a Successful BANKING Career study with Wblscv I lall 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 examination125 words
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DEALS DONE ON THE SES AND KLSE
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Article1265 1979-07-18 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 tots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "sett". Big Board deal1,265 words
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Article187 1979-07-18 10 4 1/2% 1/8/80 (250.000) (***** 99.685) 4 3/4% 15/9/80 (250.000) (90.658 99.758) 6 3/4% 1/8/78-80 (250.000) (100.758 100 858) 6 1/2% 1/5/79-81 (250.000) (100.358 *****8) 5 3/4% 1/9/79-81 (250.000) (100 58S) 6 1/4% 1/3/81 (250,000) (100 108 *****8) 8% 1 ft/4/81 (250,000) (99.658 99 758) ft% T P187 words
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Article90 1979-07-18 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday, the period, bids and offered prices and business done, if any, with the number of options traded shown in brackets. C*M Storage (Sept $1 85) (0.278 0.345) (1) 0.33. Haw Par (Sept $1.20) (0.25890 words
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Article161 1979-07-18 10 S pore Growth Fund 1.07 1.12 SINGAPORE UNIT TCUBT INCOME BOND UNIT friM i tor Jal U) (Carnal pr* leas) The Commerce 2.00 2.12 Income Bond 1.11 1.1C The Saving Fund IS 1.40 S pore Prof Fund 0.94 .99 S pore Sec Fund S pore Invest Fund 1.74161 words
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Article2585 1979-07-18 10 Gr'» Gr> Net 1979 Last Div Div Y'ld PE Vol Day High Low Company Sale or- Cvr I'OOO) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 261 207 Acma 222 15.0 2.2 6.7 113 190* 123* Alcorn 169 -1 10.0 13 5.9 22.5 1 169 169 142 1102,585 words
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Article1409 1979-07-18 10 BID and otter prkc** officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1.000 units uniea otherwise specified INDI ST*IAU Aema (2 128 2 SOS I Aleam (1 758 11,409 words
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Article165 1979-07-18 10 Metal Bra BM: AGM to be held at Bangunan MIDF, 195-A, Jalan Pekeliling, Kuala Lumpur at 12 noon tomorrow. Hatel Graad Central Ltd: AGM to be held at the Conference Room, Hotel Grand Central Building, 22, Cavenagh Road. Singapore, at 11.30 am on July 20. ApaUa Enterprises Ltd:165 words
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Article, Illustration643 1979-07-18 10 SHARES rated slightly firmer la low-volume trading at the Slack Exehaage af Singapore yesterday. Sentiment was (airly strong daring the first hear af tradlag. Bat owiag ta a lack af fallowthrough support, prices last a little af tbdr early leads bat flaisked geaerally higher,643 words
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629 1979-07-18 10 SENTIMENT improved slightly on the Kuala Lumpur stock market yesterday and prices notched up modest gains in continued light trading. Traders were still cautious as they waited for new leads from leading overseas markets. There were, however, none forthcoming as these markets were629 words
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COMPANY NEWS
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404 1979-07-18 11 DESPITE satisfactory rubber and oil palm crops harvested during the first quarter and firm commodity prices, Malakoff's chairman Mr A Charton is cautious of the company's prospects this year because of higher Opec oil prices which might kindle uncertain economic conditions. For the404 words
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190 1979-07-18 11 CENTRAL Securities (Holdings) has apparently reduced its interest in Perak Carbide Corporation from the 31.16 per cent last reported in May 1977. Central Securities' latest annual report for the 16month period ended Sept 30, 1978, does not include Perak Carbide as an associate. Central190 words
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Article65 1979-07-18 11 FAMILY-RUN companies in Malaysia generally do not last long. When their founders are no longer around, these companies usually cease to operate. Expressing this view at the recent launching of Tractors Malaysia Berhad's golden jubilee celebrations at Petaling Jaya, the Malaysian Minister of Trade and65 words
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Article, Illustration771 1979-07-18 11 CATHERINE ONG - STRUCTURE STREAMLINED By CATHERINE ONG SHRUGGING OFF its defensive cloak, Guthrie Corporation is assuming a more outward-looking and aggressive stance. This is reflected by its attempt to streamline its corporate structure by buying up minority shareholdings in its various subsidiaries. Beginning last October, the UK-based771 words
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431 1979-07-18 11 STOCKBROKING firm Laurence, Prust is uncertain whether share prices of Guthrie Corporation and Harrisons and Crosfield two of the better-known plantation stocks on the London Stock Exchange will move higher. Harrisons has slid to about 640 pence from 687 pence at the431 words
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Article118 1979-07-18 11 HONG Leong Finance said yesterday that it is contemplating a rights issue "but the point has not been reached at which disclosure of the offer becomes necessary under the (stock exchange's) Corporate Disclosure Policy." Hong Leong disclosed this in reply to a Stock Exchange118 words
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Article291 1979-07-18 11 TRUE to its chairman's optimistic forecast. Universal Cable (M) has turned in impressive interim results. For the first half-year ended June 30, 1979, the group achieved an unaudited pre-tax profit of $112 million on higher sales of $7.87 million. However, no previous comparative sales figures were291 words
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Article398 1979-07-18 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year B Kawan 5% I Jun 11 Jun 21 Jul 21 5% 12.5% C Prop 75%(b) Jun 22 Jun 29 Jul 20 7.5% 75% Metal Box Bhd 17% Jun 19 Jun 29 Jul398 words
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Article97 1979-07-18 11 Company Particulars Ex Date Books Close Yeo Hiap Seng Bonus Issue of 1 for 3 Rights Issue of 1 for 3 <;' S2.2S per share Jul 24 Jul 31 Spore Glass Bonus Issue of 1 for 5 Jul 26 Aug 2 B Semb Bonus Issue of 3 for97 words
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Article108 1979-07-18 11 SENTOSA Plywood is now "actively gathering all the necessary facts" in order to respond to KLSE queries over its acquistion of a 40 per cent stake in palm oil refiner. Jomalina Sdn Bhd. In a letter to the exchange. Sentosa chairman. Datuk Nik Hussain Nik Ali, said108 words
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Article434 1979-07-18 11 ftiiwa by HOCK LOCK SIEW ITS AMAZING bow quickly investor sentiment can change. The market seems to have forgotten such developments as the nil price rise and wage Increase guidelines, all within a span sf a week sr so. Some speculators were already ■»a comebackby HOCK LOCK SIEW - 434 words
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Article61 1979-07-18 11 posted a pre-tax profit for the year ended Jan 31, 1979 of M 560.616 compared with 195,813 the previous corresponding period. The directors recommend a final dividend of 5 per cent, which together with the interim dividend of 5 per cent, makes for a total distribution61 words
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Article56 1979-07-18 11 has re- ported group pre-tax profits (including profits from associated companies) for the six-months period ended Mar 31. 1979 of MSS 56 million against 55.78 million for the previous period. The parent company registered $2.17 million in profit against $2.34 million previously. The parent company's income was derived56 words
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Article192 1979-07-18 11 T S LIM - Letter to the Editor T S LIM SIR, A lot has been said in the market as well as in the newspapers about Sime Darby's recent announcement on the conversion of its lOp shares upon moving domicile from Britain to Malaysia. Opinions have been expressed that the market192 words
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Page 11 Advertisements
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Advertisement63 1979-07-18 11 KEEP UP WITH YOUR MANAGING DIRECTOR Subscribe today and save more than 20% off the newsstand price.... Just complete the coupon below and mail it, together with payment, to: Times Publishing Bhd. AW SJ Subscription Dept. Times House River Valley Road Singapore 0923 Please enter my subscription for 3 months63 words
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Advertisement231 1979-07-18 11 Now! The Buku Merah offers you an ever more effective way of selling your products and services In the Buku Merahs pink pages, classifieds business section It pays to be listed in the Straits Times Directory of Singapore. Singapore businessmen have known that for the last 82 years and that231 words
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Article328 1979-07-18 12 AFP THE STATE oil corporation, Petronas, will be the Malaysian shareholder in the Asean urea project in Indonesia. Petronas chairman Tan Sri Abdullah Salleh, who said this in Kuala Lumpur yesterday, added that the corporation would also hold a 60 per cent share in theAFP - 328 words
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489 1979-07-18 12 COLIN CHEE - By COLIN CHEE THE Post Office Savings Bank (POSB) will pose an even greater challenge to commercial banks this year with its decision to upgrade services. To begin with, it is now studying the feasibility of introducing current accounts and will shortly extend opening489 words
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Article90 1979-07-18 12 Reuter AUSTRALIA'S international and local telecommunications links were returning to normal after technicians decided to end the five-week-old maintenance bans imposed to support 20 per cent pay rise demands. The 26,000 technicians refused to repair equipment, cutting Australia's telephone and telex links by 75 per cent.Reuter - 90 words
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307 1979-07-18 12 A JAPANESE banking syndicate is expected to grant the Bank of China a US$2 billion (SJ4 3 billion) loan and a $6 billion refinance facility for Peking's modernisation programme. An agreement is expected to be signed early next month. The interest rate is 0.5307 words
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Article856 1979-07-18 12 LONDON, Tues. Share prices closed quietly firmer with yesterday's UK trade figures largely discounted, dealers said. At 3 pm, the Financial Times index was up 5.1 points at 475.8. Industrial leaders showed gains ranging to 12p with Uaigate, returning from suspension, up lip following results and news of856 words
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318 1979-07-18 12 SINGAPORE Oilman, a Kl rita Jriat veatare Hi— Oak Cheat Uaag aad Dtlman sf Japaa, will opea a departmeat ■tore here wae time ia October aad November un. Sibjeet to apprsval frem relevant local utMtta, the store will •eeapy ever M.tol square metra318 words
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647 1979-07-18 12 LEE YOKE MENG - By LEE YOKE MENG SINGAPORE is one of the fastest growing economies in the world with a growth rate outstripping those of advanced industrialised countries. A report prepared by the Secretariat of the Organisation for Economic Cooperation and Development (OECD) showed that average gross647 words
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Article207 1979-07-18 12 THE Singapore consumer price index last month was 0.2 per cent higher than that of May and 2.9 per cent higher than that of previous June. This is the third consecutive monthly increase in the ingex since April. The index declined in February and March. The three207 words
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Page 12 Advertisements
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Advertisement112 1979-07-18 12 FOR SALE OR T/C 1. 27" CUTTER SUCTION DREDGE 2. TWO UNITS 15M TUGS ABS CLASS NEW (HULL COMPLETE) 3. VARIOUS BARGES UP TO 300' LENGTH 1972 ONWARDS 4. TWIN SCREW CREWBOAT 73' 1976 BUILT 5. NEW 60' LANDING CRAFT 6. VARIOUS LANDING CRAFT 1965 ONWARDS 50' TO 150' MOST112 words
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Advertisement91 1979-07-18 12 When you're fishing for new markets, land big I game with the help of air freight experts. When you're busy meeting deadlines, controlling inventory, hounding suppliers, maintaining client service and developing new markets, it's reassuring to know that there is an air freight company which treats your business as seriously91 words
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Page 12 Miscellaneous
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Miscellaneous64 1979-07-18 12 IWEftTzHERg Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair except for isolated showers. Report for 24 hours prior to 7.3t p.m. on July 17 at the airport. Maximum temperature 31.1 Associated humidity 69 Minimum temperature 24.6 Associated humidity 89 Hours of sunshine 9.20 Rainfall in millimetres64 words
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SHIPPING TIMES
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PORTSIDES
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Article54 1979-07-18 13 Reuter THE Saigon harbour in Ho Chi Minh City has been reopened to big ships and tankers, the Vietnam News Agency (VNA) said recently. It said a 50,000-ton Soviet tanker recently called at the harbour after over three million cubic metres of silt and mud were clearedReuter - 54 words
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Article107 1979-07-18 13 Reuter FOREIGN orders for ships received by Japanese shipyards in June fell to 22 ships totalling 407,900 gross tons from 35 ships totalling 759,300 tonnes in May, the Ship Exporters' Association said. The June total, however, rose sharply from eight ships totalling 77,600 tonnes in June 1978.Reuter - 107 words
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Article100 1979-07-18 13 AP FOUR shipwrecked crew members of a South African sailboat were rescued by the Brazilian navy on Monday after spending more than three weeks on a rocky atoll 140 miles off the northeast Brazilian coast, it was reported. Navy officials said the four crew members were in good healthAP - 100 words
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Article, Illustration537 1979-07-18 13 GOH ENG KEE - By GOH ENG KEE EAST ASIATIC Company (EAC) has placed its fourth newbuilding, the 23,720 dwt Simba, on its trans-Pacific service. The company operates a coordinated sailing schedule with Barber Blue Sea Line providing three monthly sailings to Canada and the j US west537 words
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Article, Illustration250 1979-07-18 13 AFTER almost a century, the Bolivian flag is flying again from the stern of an oceangoing cargo ship, following the handover of Hapag-Lloyd's Alemannia to representatives of the Lineas Navieras Bolivianas (Linabol) in Hamburg earlier this month. The ship (above) was re-named Bolivia. The setting np of250 words
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2155 1979-07-18 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of2,155 words
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Article518 1979-07-18 17 StelppUgUae ACS PW n CM 5 Afea IV 3 Alpac IV 5 Angkutan V 4 ANL i 1 APL m 2 Arya Nat n 5 ASCL m 5 Aust.Cont IV 5 Bank n 5 BBS n 2 Ben Asia m 3 Ben m 3 Ben Ocean m 1 Bienley518 words
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Article924 1979-07-18 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 the924 words
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2308 1979-07-18 18 MR HANS JAKOB KRUSE; MR HANS JAKOB KRUSE - IN HIS speech on "The future of the liner industry", MR HANS JAKOB KRUSE, chairman of Hapag-Lloyd, dwelt on three areas which reciprocate in the development of the industry. The first area, the demand for liner transport, was discussed in the first portion published yesterday.2,308 words
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Article, Illustration365 1979-07-18 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Athenain Horizon (after Dove) 125/16 Bunga Tanjong (0700 after Kuznica) 31/32 Havana Maru (0800 after Chuwa Maru) 44 Hoegh Clipper (after Centaur) 1/2 Manoloeverett (1100 hauls 5m east) 25/26 Nedlloyd Futami (after Aeollian Sky) 3/4 Nedlloyd Willemskerk (0400 after Anchan) 35/36 Ocean365 words
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Article208 1979-07-18 18 UPI THE HUDSON Bay navigation season opened on Monday when an August 5-21 loader was fixed from Churchill to the Soviet Baltic with a N,lNton grain cargo at USS2B.M (Sssf) (FIO). Great Lakes-St Lawrence grain remained out of the picture but the US Gulf and North PacificUPI - 208 words
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Page 13 Advertisements
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Advertisement527 1979-07-18 13 l:\vivtt Lines rot TNI MOST FBIQUINT SAILINGS TO BANGKOK HONGKONG •JAPAN FUSAN. Ev«r«<l Steamship Corpn. 8/A Ci«**o»o C. S »*90p0»» T 36 30 '01 OC §C 9k* *•< 2«««" 3 Po" Kr«na SOC S»-»iP CO OMO T* 3«772» JARDINE AM AH f Orient Overseas CwicjMeA Line FULLY CONTAHERISED SERVICE TO527 words
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Advertisement190 1979-07-18 13 191§ SI SEALORD ANTAH nat UASC UNITED ARAB SHIPPING CO (SAG) t All vessels ***** DWT, 105 TON H L Derrick 288 TEU Capacity. Long Length Capability ■ARABIAN GULF WEEKLY SERVICE! RED SEA DIRECT SERVICE Vessel S pore Loading tor Jeddah (22/8). Hodetdah (29/8). Aqaba (6/9) Jeddah (1/9). Hodeidah (8/9).190 words
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Advertisement369 1979-07-18 13 NOL NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE (VU SUEZ): 0 CHKF |21 My 22 My 8 Aug 9 Aus 1G Ajg SS BR©Gf 31 My 1 Aug 17 A* 22 Aug C COOTAMF <»«s 5 Aug 2; Aug 22 Aug 24 A*f N369 words
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Advertisement890 1979-07-18 13 JAPAN/SINGAPORE SERVICE See Page IV Column 3 for Sailings Agents KYOSEI AGENCIES (S) PTE. LTD. MARKETING *****2 GENERAL *****1 A M sii EURO ASIA LINE SON BHD KL *****7. P KLANG *****1/3 PENENG *****/2 MAERSK LINE For US Pacific P»okc North Most Guff t Atlantic, last Canada and Mexico Also890 words
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Page 14 Advertisements
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Advertisement858 1979-07-18 14 El! FULLY CONTAVTOSED TO EUROPE Hamburg Eiprns Bremen Eipress Benavon Tokyo Ba» CarAgan Bay Tofcio Eipress Rhme Maru Kasuga Maro Osaka Bay Benalder Hamburg Eipress 18/; 20/7 26/7 27/7 3/8 4/8 5/8 12/8 13/8 21/8 22/8 28 '8 29/8 3/9 5/9 11/9 12/9 19/9 21/9 26/9 28/9 EXPRESS CONVENTIONAL TO858 words
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Advertisement456 1979-07-18 14 barber blue sea Barter Hue Sea V%il wwi From. US ATLANTIC US GULF I EAST CANADA IIII.TI jjl Barter Hue Sea To: CANADA/USA Pacific Coast (UC) I (BBS) In Anfdn San Ftmsci 17 20 1 4-7/9 17-20/9 I 4-7/10 17-20/10 4- 21-24/0 21-24/0 21-24/10 MO/I 1 0-10/0 J HO/10 NEXT456 words
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Advertisement483 1979-07-18 14 0 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. LE HAVRE AISO ACCEPTING CARGO FOR UNITED KMGDOM lONOON. MANCHESTER. BtRMWGHAM BRISTOL LIVERPOOI. GLASGOW. LEEDS WEST GERMANY HKKRBROi HOLLANO AMSTERDAM Smt« Hai*»| fcfatlMt Aottwdwi It H»wf E.« fc(«y kW 7 «-c ><"( M E.ti483 words
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Advertisement1006 1979-07-18 14 Everett Lines/ 1 Burma Five Star Shipping Corpn. 'BURMESE NATIONAL LINE' LOADING FOR RANGOON Shtapere NTMTMIVIM 21/30 My B F.S.S.C Agents m Moloyuo TEPS MALAYSIA Port Kdong T«M3B>-7355 Penong Tel *****/***** Compania Argentina De Navegacion Intercontinental S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOADMG FOR DURBAN, CAPETOWN. BUENOS ARES S'pore1,006 words
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Advertisement675 1979-07-18 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 |2i SANKYO LINE AUSTRALIA SERVICE YUE RIVER.. YUE MAN MAY CARP.. P Kelant 25/27 My 27/25 My 11/20 Auj S*t(apore 23/24 My 30/31 My 15/17 Au( Loade*675 words
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Page 15 Advertisements
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Advertisement1109 1979-07-18 15 Overseas B Containers Limited Weekly service to/from UK/Europe To UK/Continent Spore BenaMer 18 M Hamtwf Eipress 24 U Bremen Eipress 3 Auf Benaeen 4 Auf Tokfe Bit 12 Card* an Bay 21 Aut Tokn Express 2t Auf Rim Mara Kasufa Maru 5 Sep Osaka Bay 11 Sep Hlwrf P Urtanf1,109 words
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Advertisement1034 1979-07-18 15 GRANARD LINE RELIABLE I DEPENDABLE NON-CONFERENCE EXPRESS SERVICE WEST BOUND-FAR EAST/MEDITERRANEAN S pore P Kelan| Pfnanj U«tn| tot M V MAN KM V.3IN Auf f Said/Alt.andiia Bonrt/lattaba/ Ptreaus MV KWONG FUNG V.3OW- 31 »uf feddah PSaid Beirut LattaAia ALL VESSELS ACCEPT* CONTMO CAR6O EAST BOUND-MEDITERRANEAN/FAR EAST M V MAN TAI1,034 words
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Advertisement605 1979-07-18 15 Kr BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE WITH LBERTY 10 CALL AT RED SEA PORTS S Po«£ *****4 K LUMPUR *****4 PKELANG 6521 PENANG ***** BEN ASIA CONTAINER SERVICE EXPRESS CONT/UNER SERVICE STRAITS/TAIWAN/JAPAN IBENBULK f BULK SERVICE FOR TIMBER AND PLYWOOD Rfiang Tho« At*' S pet P Keiang605 words
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Advertisement382 1979-07-18 15 Scan Dutch 9 In ii'A VI i'A J 7MWTiTTTTre :»1 A T i W a 1) Gbwg 2) Hburi 3) l it* 4) Rdam 5) It* it Mse«es|P Mang SalM SjM W M Safcd Sj4m 1 24/7 KOMKM 19/7 If/7 21/7 2V7 24/7 10/7 RIUAWJM »/7 21/7 10/7 l/» 2/«382 words
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Advertisement748 1979-07-18 15 SHIPPING AGENCIES THE BANK LINE LTD. LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobile, Houston, Galveston) Singapore P Kelant Kuantan US Gtrf LOUSE LYKES (toads) 24/25 M 5 Sep ELIZABETH LYKES (toads) 22/24 ki 26 Au| HOWELL LYKES (loads) 8/9 Aut 14 Sept STELLA LYKES (loads) 15/16 Aut748 words
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Advertisement988 1979-07-18 16 K LINE KAWASAKI KISEN KAISHA. LTD. 0 CHIEF 15M S S BRIDGE ?2W C CONTAftfR ?W H CORAL 14W c paul 17* TO EUROPE P Huang I Havre R dam 22 iuiy 8 Aug 9 Aug 1 Aug 17 Aug 22 Aug 5 Aug ?1 Aug 22 Aug I? Aug988 words
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Advertisement734 1979-07-18 16 U.S.A./EAST CANADA SERVICE Penang Belaaan P HfUnj Saigapore E.C./GREAT LAKES SERVICE loaomg for new yom. novou. Montreal toronto Penang Oelavan P Kelang Singapore VTSMJA TO" (Call Cheap) 4/5 Aug 2/3 Aug 30Mr/1 Aug VBHVA DNfM«~ 30 31 Aug 20/29 Rag 25/27 Aug CALIFORNIA/PACIFIC NORTH WEST SERVICE Ludng tar LOS MGEIIS.734 words
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Advertisement474 1979-07-18 16 O /\(il'Oll| SINGAPORE SHIPPING AGENCIES PTE. LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 1 MARKETING *****2 13 LINES) GENERAL 91 3' 1' 11 LINE Si TELE* RS 2459S RS ***** A B CARSMiP CABLE CARGOSHiP j,_ SINGAPORE ISLANDS U\F <TIBBW—»na—KMIHfc MIPDI t EAST REHL'LAR USER A SAFE WAY TO SHIP BV474 words
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Advertisement972 1979-07-18 16 INTIHHATIONAI SHIPPING COPPOPATKJN BtPHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BOUND: Feeder 'PKWnj Vessel Spore I) Msedles 2) Rdam 3> H burg 41 GDurg I) Barcelona. Genoa 2) Amsterdam Wwp I Havre Bdtiao Basle UK. 3) Bremen. Bremenhaven Aartius Copenhagen Helsinki 4) Mil mo Stockholm Oslo "Accepting Europe cargo972 words
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Advertisement752 1979-07-18 16 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone 2352&11 '*****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'pore P Ketone Pen** Loadng tar: RATNAAAANORAMA N842 Saied In Pari Awn (UK) ■'Boulogne EVMAD N845 22 U 24 M Boulogne Rdm Avon(UK) Agents: Singapore MTRAStA (PTE) LTD *****11 BOOK752 words
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Advertisement260 1979-07-18 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE PT KEL PENANG PT SAO ALEXAIORIA tYRAMDS UMy 21 Aut 7 Aut 13 MLEU My 30 Aut 5 Aug 26 Aut 31 SPHNX U Aut 14 Aut 29 Sep 3 MARTRANS CARGO PLEASE260 words
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Advertisement379 1979-07-18 17 N FAR east 111/ WEST AFRICA SERVICES FCL LCL BREAK BULK SERVICE VESSEL Sparc L»r» Tema A'jart HEROOME 26/27 hi 23 Auf 29 Auf 1 Sep YII FIONEK 21/29 23 Sep 21 Sep 1 Oct TOM 7/1 Sep 3 Oct I Oct 11 Oct Accept** Fa ICI *+i Mm Cab379 words
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Advertisement363 1979-07-18 17 ?ar €*pr*46 [ASTOW EXPtESS V 9«W HAWKES BAT V99E PERSIAN GULF SERVICE ETA ETD [OAWGFOR 22 Ad 23 Ad MMcat/MM/Abu Dtuta/ Mnh/taMl EAST-BCMO DCCHAMN6 OM.Y ETA ETD 23 M 24 M UV FIVE ISLANDS hhrl TBC CONTAIO SERVICE TO AUSTRALIA UV SUN EMERALD 10ADMG FOR: Syftwy/llUbourne Attala* *n-h Gulfeast Shipping363 words
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Advertisement301 1979-07-18 17 NOTICES Cargo Space Available il for Chittagong and also other Ports. Reliable Line and Competitive Price. Dayal Trade Transport Agency Tel: *****39/*****09 CHINA OCEAN SHIPPING COMRWY UKC SEH-CONTAINER SERVICE P KELANG PENANG lOADMG FOR 25/27 My Rotterdam Hamburg 21 30 My Rotterdam Hamburg 21/30 My Antwerp Rotterdam Hamburg 25/24 Aug301 words
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Advertisement310 1979-07-18 17 m.v. "VISHVA YASH" VOY: 13 arrived 16th July, 1978. •t P.S.A. Godown No. 18. General Survey of damaged cargo ex the above vessel will be held on Monday 23rd July. 1979. as from 900 a_m to 5.00 p.m No further survey will be held after this date AgenU:R. JUMABHOY SONS310 words
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Page 18 Advertisements
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Advertisement60 1979-07-18 18 P.T. Elham Fortune Line Limited Batu Ampar. Batam Island Indonesia TH 151 191 Regular Meekly Shipping (tug-barge) Service S'PORE PULAU BATAM (INDONESIA) ETD S'PORE EVERY WEDNESDAY Additional saiiinp sublet to inducement Afenti S pore —lotti Afencies Pte Ltd 1104/1105 lltk flood Golden M# lowei Beacti Road Smgaporf 7 Telephone 7924(4460 words
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