The Business Times, 26 July 1979
1979-07-26
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The Business Times
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Title Section11 1979-07-26 1 BUSINESS TIMES M.C.(P) No. 14C/1/79 THURSDAY, JULY 2t, IST! 50 CENTS11 words
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BRIEFLY...
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Article52 1979-07-26 1 Reuter KUALA LUMPUR, Wed. Malaysia Airline System (MAS) will be allowed two more flights a week to London and daily flights from mid-1980s under a new agreement, Transport Minister Tan Sri V Manickavasagam said today. The agreement also allows the airline to fly Airbuses to Hongkong andReuter - 52 words
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Article59 1979-07-26 1 AFP BEIJING, Wed. Prince Norodom Sihanouk has called for an international "military rescue expedition" to Kampuchea to end the conflict between the Khmer Rouge and pro-Vietnamese troops before the holding of free elections. The former Kampuchean head of state made the appeal in a telegram to the AmericanAFP - 59 words
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Article58 1979-07-26 1 AFP LONDON, Wed. Spot oil rates hardened this week following the recent easier prices, oil industry executives said here today. The US dollar's slide, leading to fears of a new increase in September by the Organisation of Petroleum Exporting Countries, was one reason. Another was a tougherAFP - 58 words
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Article56 1979-07-26 1 AFP MANILA, Wed. The Asean Chambers of Commerce and Industry region will urge its respective governments to review tariff policies on component imports, it was announced today. Mr Fred Elizalde, president of the ACCI said the review is meant to enable manufacturers to import component materials fromAFP - 56 words
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Article69 1979-07-26 1 AP PARIS, Wed. The French government is considering grounding Air France's Concorde supersonic airliners because of mounting operating costs as a result of the latest oil price increases, the business newspaper Les Eehos reported Wednesday. Air France, which operates four of the moneylosing airliners, said it wasAP - 69 words
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Article52 1979-07-26 1 AP JAKARTA, Wed. Security authorities have seized a Singapore trawler on charges of illegal fishing near the Mentawai Archipelago off west Sumatra, the official Antara News Agency reported. Antara said 1.5 tonnes of fresh fish were found on the trawler with five Singaporean and four Malaysian crewmen onAP - 52 words
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Article83 1979-07-26 1 Reuter BANGKOK, Wed. The English-language Bangkok Post newspaper today reported that China had set up and armed a 4,000-man division of Laotian rebels in northern Laos. Quoting a Thai general who declined to be named, the newspaper said Vietnamese troops had been shifted north to meet theReuter - 83 words
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Article54 1979-07-26 1 UPI NEW YORK, Wed. The stock market headed higher early today in moderate trading. The Dow Jones industrial average, which gained 4.27 points on Tuesday, was ahead 4.01 points to 833.78 in early trading. Advances led declines, 760 to 263, among the 1,475 issues crossing the New YorkUPI - 54 words
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Article131 1979-07-26 1 Falls Msian Ctainers 199 -21 Metal Box Bhd 250 -20 Berjuntai 810 -10 Spore Glass 286 -10 Batu Lintang 264 -7 Sin Chew 396 Metal Bo* Spore 292 -6 C C 270 -6 S B S 188 -6 Straits Trading 675 -5 Kempas 520 -5 N S131 words
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Article, Illustration164 1979-07-26 1 Falls Consplant Wrts S30 25 N Iron 510 10 OCBC 680 10 Sthn Kinta 830 10 Petaling 960 10 Kulim 202 06 Kramat 412 06 Rothmans 440 06 C&C 270 05 Kern pas 515 05 Rises Sg Besi 1190 El U Cables 188 14 Chin Teck 320 Island164 words
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Article679 1979-07-26 1 JOHN LIM - SOARING PRICES By JOHN LIM SPIRALLING prices of sawn timber has created a situation in which local exporters and millers are pointing accusing fingers at each other. Even charges of underhanded business practices have been levelled. Overseas buyers are reported to have lodged several complaints against679 words
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Article220 1979-07-26 1 HWA Hong Manufacturing, the second new public share issue this year, will made its debut on the Stock Exchange of Singapore today. Coming as it does at a time when the general sentiment is all but encouraging, the share has since been re-rated lower220 words
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795 1979-07-26 1 PETROL stations in Singapore may open on Sundays after all. Director of Trade Mr Ridzwan Dzafir said yesterday that station operators had responded favourably to the Government's request that statioos remain open on Sundays. This would alleviate the taxi queues outside stations on795 words
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282 1979-07-26 1 THE US Federal Reserve Bart hH spent u mack M US$754 million (Ssl.«s billion) In Far East exekuge markets ii the past week la sapport sf the US dollar. baak dealers whs made the estimate added that the balk waa done282 words
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376 1979-07-26 1 LEE YOKE MENG - By LEE YOKE MENG DBS Finance has introduced three new housing loan schemes and improved its existing scheme. The three new schemes are the 95 per cent financing scheme, the low start payment scheme and the balloon payment scheme. The existing scheme is376 words
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Article108 1979-07-26 1 THAI Prime Minister Kriangsak Chamanand introduced yesterday a U555.37 billion (5J11.5 billion) budget Bill for fiscal 1980 to Parliament, with 26 per cent earmarked for defence and internal security. Opposition leader and former Prime Minister Kukrit Pramoj announced his opposition to the bill, which is 18.5 per108 words
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Page 1 Advertisements
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Advertisement0 1979-07-26 1 ;!-?)]&='(%/^.~^%/-?<~,"?&:/]+&0 words
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Advertisement218 1979-07-26 1 THOMAS ROBERT ALWAYS ONC STf P A Mf A 0 the trained specialist.., Ig| A THOMAS ROBERT BROKER •-Vi• -I. «•!»-ri- I. II r r I j i:• Iv i|i ibl> •.t im il if i i i i < risV H i'. tvl 'i* il ■< t»•• '<■ i218 words
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Advertisement65 1979-07-26 1 Leader...page I mm SHIPPING TIMES WHY rig bnlMers are happy J «fflce MARCOS submits bndget j STOCK market report If TREND Is towards divestment.. I Brce m sii *nf HIII WHY tyre priee* will rise 7 SILO agreements with seven LEASING eempany to set np e—pantos 12 MEMOPAD 2, PLIGHTS65 words
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Advertisement155 1979-07-26 1 `;(:%*('$:<[%]"$?(:\,/?!~!;/`"| Introducing RICOH Auto Printer26oo. The fully automatic printer with copier convenience. (2 copies per sec.) Now you can handle any offset printing or duplicating easily and economically-right in your office-with the complete Ricoh copy system. The electronic S-3 printer and the FE-2 autoprocessor produces the master plates and with155 words
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TRADE AND INDUSTRY
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466 1979-07-26 2 HSUNG BEE HWA - By HSUNG BEE HWA ORDER books of many oil rig builders in Singapore have filled out since the second half. Builders are expecting a further increase as the the current energy squeeze forces a renewed search for oil. Among the more successful yards466 words
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613 1979-07-26 2 CHOO AI LENG - By CHOO AI LENG VARIOUS electronic companies in Singapore are looking to Ang Mo Kio housing estate for production operators to cope with the labour shortage. At present, there are only a few factories at Ang Mo Kio and these have managed613 words
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190 1979-07-26 2 THE Industrial Accidents Relief Pud (lARF) Committee has decided to distribute to workers who suffered permanent lijuiet as a result of the expiastoa aad Are an board the taaker Spyros last year. The workers will he given amoHHts ranging from ahaat $1,339190 words
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Article, Illustration237 1979-07-26 2 STEEL roofing from Klipdeck is now available here for the first time, giving an added variety to the range of roofing materials available. Production of this steel roofing began this week at KH Industries (SEA), a Singapore-Australian joint venture which will manufacture long-length, custom-cut steel roofing in both237 words
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322 1979-07-26 2 LEE YOKE MENG - By LEE YOKE MENG TWO SENIOR officials from a leading Australian real estate company are now in Singapore to gauge local interest in investment opportunities in Australia, especially in the Gold Coast of Queensland. Mr Doug Green and Mr Harry Magill. senior executives322 words
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236 1979-07-26 2 THE Ministry of Culture is studying proposals to extend the cultural horizons of Singapore. The projects arising from these proposals, when approved, will be funded by the Singapore Cultural Foundation. This was disclosed by Mr Ong Teng Cheong, the Acting Minister for Culture, at the236 words
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359 1979-07-26 2 FOO CHOY PENG - By FOO CHOY PENG LOCAL Japanese companies covered in a survey sent 109 persons lo Japan for training in 1977, an increase of nearly 35 per cent over the previous period. The third survey report on Japanese Enterprises in Singapore 1977, released by the Japan359 words
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Article67 1979-07-26 2 A COURSE on energy conservation in hotels, hospitals and supermarkets will begin on Sept 11 at the Singapore Polytechnic, Dover Road. The course, jointly organised by the Public Utilities Board and the Polytechnic, aims at introducing energy saving measures to technicians operating and maintaining electrical appliances in67 words
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Article52 1979-07-26 2 THE Department of Extramural Studies of the University of Singapore will hold a six-lecture coarse on financial analysis at the National Museum Theatrette every Tuesday and Friday from (.15 pm to 8.15 pm beginning Aug 3. The lecturer will be Mr Ye© Seng Kia, a part-time lecturer at52 words
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Article424 1979-07-26 2 COURSES 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 26-27: An Engineer's Guide to Costing, Hyatt Hotel, Price Waterhouse Associates Aug 13-27: Managing People At424 words
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Page 2 Advertisements
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Advertisement236 1979-07-26 2 Fiat 132 Plush interior, sleek exterior. The new Italian idea of pleasure driving. i i 9K r i 4l m Sharikat Fiat Distributors (M) Sdn. Bhd., 24 L eng Kee Road Singapore 0315 Tel: *****5 The interior is the epitome of Italian class. Richly upholstered seats, so generously proportioned, you'd236 words
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REGIONAL
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Article, Illustration187 1979-07-26 3 AP NEW ZEALAND may have to be economically Integrated with Australia by the tarn of the centary if it is to survive, Former Australian Prime Minister Goagh Whitlam said on Tuesday. "The core of New Zealand's problems is that she has always beenAP - 187 words
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Article168 1979-07-26 3 Reuter JAPAN'S vehicle production in the first half of this year rose 3.6 per cent to a record 4.63 million units from 4.47 million in the same 1978 period, the Japan Automobile Manufacturers Association said. The previous half-year record of 4.47 million units was set inReuter - 168 words
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442 1979-07-26 3 Reuter PHILIPPINE President Marcos has submitted a 39.8 billion peso (555.4 billion) budget for 1980, up by 16 per cent on this year's planned spending, with the bulk of it for economic and social services. Defence is to get about 10 per cent ofReuter - 442 words
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573 1979-07-26 3 Reuter UPI MITSUBISHI Research Institute said in its semiannual Economic Outlook that a deterioration in Japan's balance of payments will lead to steadydownward pressure on the yen exchange rate through the rest of fiscal 1979, ending next March 31. Mitsubishi said sharply rising importsReuter; UPI - 573 words
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Article201 1979-07-26 3 AP JAPAN is willing to buy large quantity of fish from Canada but the quality must be high, said a member of a visiting Japanese trade delegation in St John's, Canada. "The price doesn't matter, if the quality is high," said Mr Tadashi Kiotabashi, director of the AgricultureAP - 201 words
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587 1979-07-26 3 THE Bar Council of Malaya has recommended that the Malaysian government update certain aspects of the Industrial Relations Act (IRA) regarding appeals against Industrial Court decisions. It has also suggested additional provisions pertaining to workers' compensation for injuries. The council said the IRA587 words
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294 1979-07-26 3 AFP ECONOMIC cooperation between Indonesia and West Germany is part of an overall policy to reduce the gap between advanced and developing nations. West Germany's Economic Cooperation Minister Reiner Offergeld said at the end of his visit to Indonesia on Tuesday. DuringAFP - 294 words
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Article137 1979-07-26 3 Reuter THAI International Airways has raised its firm orders for the A3OO version of the European Airbus to 10 from eight and its options for further purchases to four from two, Deutsche Airbus said. The two aircraft for which firm orders were placed will beReuter - 137 words
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Page 3 Advertisements
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Advertisement384 1979-07-26 3 Si 1 u>"lci 11 ii k lot II v (lcv< )lc( 11<)y< nir (liilii i<4 j ilcasillv. II ic Mcuv<) I )1(). Phel)csi restaiinuit inSiii^ajxriie. a: s A "A« k f A Vn»-V. Tt; >, *ir ag If -f A ;i-r r "TP" '?f' > iT.-*- l '-V*, ;JT />•384 words
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RAW MATERIALS
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Article350 1979-07-26 4 THE Singapore rubber market closed quietly steady yesterday with August One RSS buyers quoted at 293.25 cents per kilo, unchanged from Tuesday's close, dealers said. Morning prices fluctuated narrowly on lower London advices and selling alternated with some short-cover-ing, they said. Afternoon prices were intially steady on reports of350 words
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Article29 1979-07-26 4 Rubber: July 25 Singapore: August: 293.25 cents (unchanged) Malaysia: August: 293.50 cents (down 0.25 cent) Tin: M 51,925 (down $5) Official offering: 176 tonnes (down 18 tonnes)29 words
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Article414 1979-07-26 4 R A S prices in cents per kilo yesterday: Dose Noon (per kilo) (per kilo) Buvers Sellers Buyers Sellers Int 1 R.S.S. prompt fob 294.50 295.50N 296.50 296 50N Int 1 R S.S. August 292 00 292 50 293.25 293.75 Int 1RS S September ***** 292.00 292.50 293.00414 words
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Article123 1979-07-26 4 NOON SSR and SMR pnces vea tenia v RAS August September (Current Mth) (Forward Mtk} Buyers Sellers Buyers Sellers SSR 20 (1 ton pallet i 279 00N 281 00N 279 00 *****N SSR 50 (1 ton pallet i 276.00 278.00N ***** 278.00N MRELB SMR CV <1 ton123 words
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Article63 1979-07-26 4 THE STRAITS tin price in Penang yesterday fell Mss to $1,925 a pienl. Values fell slightly following weakness on the London market overnight, bat a lower tin ore supply by miners helped cheek the decline along witb farther Japanese, US and local sustained baying, dealers said. Total turnover63 words
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Article342 1979-07-26 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) nefr crop O.K. 100 per cent second class 0.85. 100 per cent third class 0.80. 25 per cent new crop no stock. B-10 per cent 070. THAI BROKEN: A-super 0.62. Special 0.56.342 words
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Article201 1979-07-26 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godowni C«ttea van: China Blue Pt>oe» nix 20s 2.270 32s 2.800 40s 3.020 (per bale of 400 lbs). Ptm t/mta: China Butterfly and Globe brand unq. Dragon Head unq; Five Lambs unq. Flower and201 words
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Article745 1979-07-26 4 COFFEE: Robusta futures yesterday morning continued to meet heavy buying with prices moving further ahead during a special and extended closing call. Gains from Tuesday ranged from £63 to £86 per tonne. Turnover was 4,836 lots, including one option and a substantial number of cross trades. September gained745 words
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Article68 1979-07-26 4 C IF North European ports in US dollars per ton unless otherwise stated 0 LONDON: Tun Previous Malaysian 5Hffa bulk per tonne September STOslr 684sir Sumatra 5% f fa bulk July 687 i pd TOOslr August 690slr van .sir September 685pd 695s lr October unch 690sIr Nigeria S*>68 words
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Article147 1979-07-26 4 TRADING in sugar yesterday continued the recent quiet trend with no trades registered as on Tuesday, dealers said. September closed at US 8.25/30 cents against Tuesday's 8.35/40 close and July was unchanged at 10.35/40. Sugar future* closing price*: CMag Hwfcw (M| Sep 8.25 30 835 40 Oct 8.55/fiO147 words
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Article160 1979-07-26 4 CHICAGO Board of Trade wheat futures closed down 10 to 2 US cents a bushel on Tuesday, after seeing some late support on rumuors that the US will permit expanded selling of wheat to the USSR. Traders said losses came on liquidation as a foDowthrough from Monday's losses and160 words
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Article97 1979-07-26 4 Reuter HEAVY rain continued across the North China Plain, which includes most of China's cotton producing areas. The south half of the country stayed unseasonably dry in the week ended July 22. USDA said In its world weather and crop update, the USDA said the wet conditionsReuter - 97 words
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Article365 1979-07-26 4 COFFEE bean prices were again on the slide in a generally dull and featureless Singapore produce market yesterday. However, local dealers weiy still quoting their prices at overnight levels which were necessarily higher than those prevailing in London and New York where selling pressure mounted with daily-limit loss365 words
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Article160 1979-07-26 4 CHICAGO soybean futures staged a last minute comeback to close ahead three to seven US cents a bushel on a local short-covering rally on Tuesday. Traders said prices went up as locals scrambled to cover short positions and found offerings were light. They added that soybeans had posted losses160 words
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422 1979-07-26 4 PALM oil refiners in Malaysia have deplored the high premiums they are forced to pay for the supply of local crude palm oil. Mr Paul Yap-Singh, executive secretary of the Palm Oil Refiners Association of Malaysia (Poram), described it as totally unreasonable for local422 words
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ASIAN STOCKS
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477 1979-07-26 4 Tokyo SHARE prices closed sharply higher in moderate trading yesterday as active buying by investment trusts stimulated general investors, dealers said. The market aVerage rose 39.40 to close at 6,250.31, with the volume at 270 million shares The Tokyo Stock Exchange index closed at 443.20.477 words
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Article337 1979-07-26 4 Source: SHK Sec Ltd. ALTHOUGH interest still centred on Hongkong Land yesterday, some sectors which had been lagging recently came to life in active trade. Wheelock, in particular, were strong as were Amoy Canning up HK$l.lO and $7.00. Brokers believe the asset value to be worth $9.00 and speculatorsSource: SHK Sec Ltd. - 337 words
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Article312 1979-07-26 4 THE MARKET yesterday closed higher in slow trading, dealers said. Jalaprathan Cement and Siam Cement gained two baht each to 164 and 352 respectively and Siam City Cement four to 253. First Trust won six to 160, Bangkok Investment, Thai Farmers Bank and Thai Commercial Bank two each to312 words
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Article142 1979-07-26 4 THE MARKET yesterday continued easier while turnover slightly rose to 5.4 million pesos from Tuesday's 5.2 million, dealers said. Acoje Mining, Basic Petroleum, Phil Overseas, Pogei, Pioneer, Weafront and Meralco eased, while Atlas Con B: Marinduque B and CDCP firmed slightly. JULY 25 Pesos Acoje Mining Altai Con A142 words
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Article64 1979-07-26 4 FINANCIAL TIMES INDUSTRIALS Tuesday 467.0 Monday 466.7 Week Ago 478.0 DOW JONES AVERAGE INDUSTRIALS Tuesday 829.78 Monday 825.51 Week ago 828.50 LONDON DOLLAR PREMIUM Tuesday 19'4 to 19 4 Monday 21 v« to 22 H.K.HANG SENG Wednesday 594.80 Tuesday 592 49 Week ago 557.83 SYDNEY INDUSTRIALS Wednesday 485.6764 words
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Article401 1979-07-26 4 STOCK prices yesterday firmed following publication of the latest quarterly cost of living figures which were below market expectations, dealers said. Leader BHP closed 12 cents up at A 59.18 while Bank of New South Wales, adjusted after the rights and bonus shares entitlements, eased six cents on the401 words
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Page 4 Advertisements
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Advertisement117 1979-07-26 4 The Eurochair. Diethelm Eurochairs for conference rooms and reception areas Sophisticated Luxurious and ComfortaWe The unique modular system provides flexibility in arrangement .to suit modern office areas And their clean modern lines add a new dimension to your office environment For top management level the Executive Eurochair is a must117 words
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OVERSEAS
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431 1979-07-26 5 AP THE BRITISH government, committed to a major expansion of its nuclear power capability, has signed a deal with Australia for supplies of uranium, the key in nuclear energy production, the government announced. At the same time. Environment Secretary Michael Heseltine said that atAP - 431 words
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Article307 1979-07-26 5 THE dollar slump made the United States slip to eighth place last year in a list of the world's wealthiest countries compiled annually by Union Bank of Switzerland. Oil-rich Kuwait, whose currency is linked to the dollar, had to yield to Switzerland the front position307 words
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Article, Illustration724 1979-07-26 5 UPI AP US congressional leaders told President Carter that he will get his windfall profits tax on oil production, but not as soon as he wants and possibly not as much as he would like. At a breakfast with leaders of both houses andUPI; AP; Source: AP photo - 724 words
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Article524 1979-07-26 5 NYT Reuter EVEN though world crude oil supply is improving and prices on the open market are stabilising, a few producing nations are still able to command sizable premiums on their oil by selling their output on the spot market. The sales appear to violate the oilNYT; Reuter - 524 words
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Article165 1979-07-26 5 PRESIDENT Carters administration has expressed "extreme concern" over the nation's lagging productivity and suggested several possible measures to deal with it. including incentives for Americans to invest, save more and to work harder. Productivity the output of goods and services by the economy per hour165 words
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WORLD IN BRIEF
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Article306 1979-07-26 5 Agencies THE US will increase its aid to rebuild Nicaragua after the shattering civil war, a State Department spokesman Mr John Trattner said. He said the US had already sent US$3 million worth of food to Nicaragua and that three planes a day were leaving Houston, inAgencies - 306 words
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252 1979-07-26 5 AFP DEVELOPING caaatrles on Taesday appeared less firm th»B previously la their refusal to siga Ike Takyo Round trade agreements wltkoat aa accord on safegaards la the wake of reparts of the virtaal fail are la talks oa sack safeguards betweea tkeAFP - 252 words
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Article120 1979-07-26 5 THE WORLD will face a continuing trend of slower economic growth because of persistent US inflation, the London-based forecast group. Economic Models said in its latest short-term predictions. "International trade will be adversely affected by sluggishness of the US market, while higher US inflation will add120 words
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Article920 1979-07-26 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL SIA BA SQ/BA17 0710 LHR BAH MAS MH682 0710 KCH SIA SQ10I 0815 KUL MAS MH621 0640 PEN MAS MH607 0645 KUL RBA BI421 0930 BWN MAS MH671 0945 PEN KUL CPA CX710 1005 HLP GIA920 words
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Page 5 Advertisements
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Advertisement122 1979-07-26 5 If SALES make s ;'<?s your Organisation tick... < Analyse your sales with HPS Yes, CPS, using advanced computing techniques can assist you to analyse your sales e by industry this year against last year gross profit margin by customers and product groups e targets for the next period You122 words
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Advertisement95 1979-07-26 5 Cricard] France's favourite bedtime snack. France's favourite bedtime snack is also her lovers' bedtime secret An\ wonder wh\ 6().(HK).(KK) bottles of Kicard are downed e\er\ year? You'll never really know till you'\e tried Ricard yoursell. Thisdeeph. mysterious, anise-flavoured liqueur refreshes. Titillates the palate. Stir one pari Ricard with five parts95 words
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Article435 1979-07-26 6 IT USED to be an article of faith in the East that "a businessman's word is his bond". As an entrepot trade centre, this should be an especially prized virtue of Singapore merchants. The murky dealings in the timber trade as well as in some other435 words
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Article257 1979-07-26 6 IT IS nonsense to think that the closing of petrol stations on Sundays will in any way alleviate the current shortage of diesel. If anything, this exercise will only make that situation more pronounced as last Sunday's experience has demostrated. It is too obvious and convenient an257 words
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Article1979 1979-07-26 6 RON EMERSON; CHRISTOPHER LORENZ - During the economic boom of the 60s and early 70s, 'progressive management 1 for many corporations meant diversification. But in the last few years, the move has been in the opposite direction divestment is now the major preoccupation of many corporate planners. RON EMERSON continues the1,979 words
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Article702 1979-07-26 6 THE "intuitively obvious" approach to diversification, of entering a new business on a small scale, is wrong. Instead, entering on a large scale is likely to produce better financial results, and sooner. This is the most startling conclusion of a controversial new US research study reported702 words
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Page 6 Advertisements
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Advertisement95 1979-07-26 6 A PENGUIN BESTSELLER n \.v--►e yl m THE MALAYAN TRILOGY This famous trilogy wittily dissects the racial and social prejudices of post-war Malay during the chaotic upheaval of Independence. Through a succession of splendidly colourful characters, Anthony Burgess delineates the conflict and confusion arising from the almost enforced mingling of95 words
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Page 6 Miscellaneous
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Miscellaneous914 1979-07-26 6 xnniz MALAYSIA 10 5.30 PM Quran Reading 5.38 Prog Summary 5.40 Bonanza 6.30 News in Tami 6.45 The Tony Randal Show 7.12 Documentary 7.30 News in Mandarin 7.47 Documentary 8.01 Kesuma 8.30 News in Malay/ Weather 8.51 News Diary 9.11 Tamil Film 10.00 News in Entfsh/Heather 10.19 Tamil Film (contd)914 words
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Article, Illustration926 1979-07-26 7 ALAN SPENCE - THE motorist is taking a clobbering in the wake of the Opec pricing decisions. More bad news is that tyre prices will inevitably rise sharply in coming months because natural rubber production is lagging and synthetic rubber manufacture grows increasingly costly. ALAN SPENCE reports. ALANFT - 926 words
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1102 1979-07-26 7 JOHN TAN - FORPM, With JOHN TAN THOSE among us who thought the evils of oil shortage, of long petrol queues and "sold out" signs, would never come to Singapore have been rudely awakened. The oil crisis, which many had believed was a uniquely American phenomenon1,102 words
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Article849 1979-07-26 7 JAMES MARK HAM; JAMES MARK HAM - THE Arab campaign against Egypt seems to be running out of momentum and they have not been able to agree on the next move. JAMES MARKHAM analyses the position of the Arab militants. JAMES MARK HAM JAMES MARK HAM NYT ACROSS the Middle East there areNYT - 849 words
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Page 7 Advertisements
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Advertisement127 1979-07-26 7 o 646^^5. A reminder that shows even a great legend can have its unusual moments. Clearly, when you own a Mercedes-Benz, you don't want to be stranded nor leave your car unattended in the unlikely event of trouble. Our hot line will help you out wherever you are in Singapore127 words
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Page 7 Miscellaneous
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Miscellaneous60 1979-07-26 7 BliStoW :ffcm]d)ic)aaa£ G\J£.SS UJMO *N 1 Pvroeß'C^ IPST NI&HT 3 NOMC OTueC GR&ol, T ne vouNGee son of twLuoNfMge SiC. CM€-ST(LC-ftORV bCT'S SFKi IT S GOOD To Be BP'OC* G»(2-\MNeD e<?ROL. PLPWSOY FHMD 6LPIC< sue£P or Fpmn_y i LeT s t m g_ p^'st Redoes? s voitm long U>ll CecAu.60 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article283 1979-07-26 8 JULY 24 Frs CORBKILLE Air-Liquide 464 -6 B S N Gervals Danone 629 C S F (Thomson Csf) 366 unch Cie Francaise des Petroles 187 50 -1 Compagnie Flnanclere Compagnie Generale 349 unch Credit Fonder De France 460 4 Hachette (Librairie) ***** -06 Machines Bull 55 10 -0 05283 words
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Article216 1979-07-26 8 JULY 24 Fls ARN 336 50 -2.5 Ahold 8900 unch Akzo 27 10 -0.3 AMEV 90 70 -0.3 Amfas 111 50 -0.5 Amrot Bank 71 50 -0.5 Bergoss 58 00 -1 Berk 94 30 -0.7 Bo Is 63.50 -01 Borsumij ***** •1.3 Burhmann 61 30 -05 Byenkorf 68 70216 words
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Article192 1979-07-26 8 JULY 24 Francs Actions Sulsses 2M 1 Alusulsse Br. 1245 unch Alusulsse Reg 494 1 Brown Boverl Br 1860 10 CI ha Gelgy Br 1245 5 Clba Gelgy P C 1010 5 Clba Gelgy Ref. Credit Suisse Br 683 4-4 2220 4-5 Credit Suisse Reg 425 unch Elektrowalt Br.192 words
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Article219 1979-07-26 8 JULY 24 Dm Aef-Telefunken 4820 01 Akzo 25 00 4 02 Alii Leben 750 00 AIlz Vers ***** BASF 134 TO Bay H T Wbank 24ft 50 Bay Vbank 254 50 Bayer 128 00 -0.8 BBC 280 50 BMW *****B Cassella 345 OOB unch Chem Verw 247 OOB Commerzbank219 words
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Article93 1979-07-26 8 JULY 24 Fr* FORWARD MARKET Arff 407 •13 Arbed 250S 15 Astur 560 unch Brasctn 508 2 Bra-Lamb 1800 unch Ctnptc 802 .16 Cock 473 -5 De Beers 253 8 Ebes 2170 .10 Electrobel MOO -220 Gb-lnno-Bm 2505 unch Gev 1200 -2 Hobok 2750 -5 Petro 5030 -30 Ryl93 words
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Article102 1979-07-26 8 JULY 24 Lire Anlr 16 -25 Assoc Gen ***** -90 Bastogi 780 10 Ontral* 5449 70 Flat 2515 2 Finsider 147 07! Gen Immob 8225 02 IFI Prl 2415 -5 Italcementi ***** •100 Haifa* 760 10 Italsider 384 Magnett M Pf 581 05 Marelli Ere 299 25 -0 5102 words
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Article841 1979-07-26 8 NEW YORK STOCK prices closed higher on Tuesday with investors encouraged by the market's resilience despite the news background. June durable goods figures released late in the day seemed to have little effect on stock prices, confirming what investors already know, that the country is in a recession.841 words
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Article148 1979-07-26 8 JULY 24 Abiubi CS Hud Bay Min Imp OH 21'34', unch Alcan 39 s. V Algoma 26 J® unch Bank Mont 24 s -Si 2?.** Bank Nova Scotia Bell Tel 24 s. 21 Si Kerr Add 10 Beth Corp 4 > BP Can Ltd 26 Brascan Camp Red Lake148 words
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Article302 1979-07-26 8 JULY 24 Rand 4-/. Tig Oats 1125 5 Tongaat 365 unch INDUSTRIALS Trust Bk 54 1 Un Steel SO unch A Alpha 158 4-3 Unisec 130 -2 Abercom 233 Wool worth 425 5 AE And CI 435 unch AMIC 1475 unch MININGS Barlows 595 8 Cg Sugar 640B Anglos302 words
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Page 8 Advertisements
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Advertisement572 1979-07-26 8 See Page 4 for Asian stocks Where to wine, dine and entertain m If B SI)C GTjcf cartKo at 8.15 Jim cucri) at tf)C Sable. A In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only572 words
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BANKING AND FINANCE
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Article432 1979-07-26 9 RUTH CHENG - By RUTH CHENG TOKYO Lease Company, one ef the three biggest leasing companies in Japan, is establishing a whollyowned overseas subsidiary in Singapore. Affiliated to the Dai-Ichi Kangyo Bank, Tokyo Lease is the first and the largest among bank-affiliated leasing companies. Tokyo Leasing (Singapore),432 words
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Article, Illustration54 1979-07-26 9 N. M. Rothschild Sons (Singapore) has obtained a very limited quantity of the 1975 Caesar coin medallions. These eoins in half and one troy ounce sizes are made by the French Mint. Each coin contains 999 part of fine gold (24 carat) and can be purchased at54 words
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Article133 1979-07-26 9 NEW ZEALAND'S Finance Minister Robert Muldoon has announced that his country- was borrowing 250 million Swiss francs in placement of five-year notes with Swiss institutional investors. He said 150 milllion francs would be used for advancement repayment of an 8 per cent loan raised in 1975.133 words
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Article361 1979-07-26 9 SONATRACH. the Algerian state-owned oil company, is seeking to obtain a USSSOO million multi-currency syndicated loan on the Euro-market. For a 10-year duration, the likely spread of the loan is 1 per cent over London interbank Eurodollar offered rates. At present, Sonatrach is still negotiating with361 words
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Article227 1979-07-26 9 FOR JUST $8 a month, American Express Cardmembers can now enjoy up to $200,000 of insurance coverage for accidents incurred while travelling. Introduced jointly by the American Insurance Company and American Express, this personal accident insurance policy called Cardmember Accident Protection Plan (CAP) is apparently227 words
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Article150 1979-07-26 9 Reuter FEDERAL Reserve Board member Henry Wallich said he would expect some easing of US interest rates if inflation can be brought under control. If inflation is brought under control, long term interest rates will respond, Mr Wallich told the Senate Banking Committee. He wouldReuter - 150 words
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243 1979-07-26 9 INVITATIONAL telexes to subscribe to the Asian dollar market's 13th floating rate negotiable certificates of deposit (FRCD) issue were sent out last night by managers Morgan Guaranty Pacific. On offer is the Singapore branch of Mitsubishi Bank's US$3O million issue which is for three years and243 words
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92 1979-07-26 9 Reuter DEUTSCHE Bank AG and Dresdner Bank AG said they will raise savings deposit rates with effect from Aug 6 by 0.5 per cent, bringing the rate for withdrawal on demand accounts up to 3.5 per cent. On July 13 the Bundesbank raisedReuter - 92 words
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Article42 1979-07-26 9 THE US Treasury said its auction of US$3 billion in two-year notes resulted in an average effective yield of 9.41 per cent. The Treasury set the coupon on the notes at 9'h per cent, making an average price of 99.938.42 words
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MONEY AND EXCHANGES
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Article507 1979-07-26 9 THE US dollar saw strong support from the central banks of Germany and Switzerland yesterday. As a result, it closed firmer against major currencies. As the US dollar strengthened, sterling slipped and closed easier against the dollar. Trading in the US dollar against the yen was steady in507 words
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Article22 1979-07-26 9 THE average rate at j which Singapore banks are currently prepared to lend to their brat customers is 8.25 per cent.22 words
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Article218 1979-07-26 9 THE US dollar yesterday traded mixed against the major currencies, firming against the deutschemark, Swiss franc and the yen and easing against sterling in thin, quiet trading, dealers said. Trading continued quiet throughout the day with most operators holding off ahead of President Carter's speech tonight in the US218 words
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Article198 1979-07-26 9 Asian rates ASIAN currency deposit interbank rates as at close on July 25: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US Dollart(Spot) Offer h,d 10 15/16 10 13/16 10'; 10'. 10. 10'. 111/16 1015/16 11'. 11 10 15/16 10 13/16 10 10 1198 words
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Article51 1979-07-26 9 RANGE of prices offered by discount houses on July 25: Overnight 4*»'V Call deposits 4 ClOMBf Buyiaf Selling 3 month Treasury bills 4 11/16 4 9/16 3 month Bank bills 711/16 7 9/16 3 month CD 7 5/16 7 3/16 6 month CD 7'j 7-'. Source: National Discount Co51 words
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Article136 1979-07-26 9 THE US dollar for overnight delivery yesterday closed firmer at 214.75 yen, compared with a 214.00 opening and 213.95 at Tuesday's close. Trading was moderate with the volume at US$694 million. After opening at the day's low, the dollar rose slowly a high of 214.80 yen shortly before the136 words
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Article32 1979-07-26 9 Closing Interbank rates for Singapore dollars on July 25: Offer Bid Overnight 5 4 '< 1 month 71/16 615/ 16 2 months 7 3/16 7'» 3 months 7 73/16 Overnight mode32 words
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Article337 1979-07-26 9 GOLD futures futures in Singapor yesterday closed generally easier compared with overnight levels in moderately active trading, dealers said. Opening quotations were marked down marginally on some profit-taking and eased a further US$2 in subsequent trading in line with easier Hongkong and London gold prices, they said. Turnover fell337 words
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Article232 1979-07-26 9 STERLING maintained Tuesday's gains against the dollar in a quiet opening in London yesterday although the US unit finned slightly against other major European currencies. The pound opened at U552.3233 '43 after Tuesday's 2.35 cent gain had taken it to a four-year high of $2.3250 65 at the close,232 words
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Article48 1979-07-26 9 OPENING quotes on July 25: US 1 8095 05 Stg 4.201 06 Can 1.5533 47 Ofl 90 98 91 07 Sfr 110.67 80 Lit 2 222 226 Ffr 42 90 95 Nkr 36.09 13 Bfr con 6.265 72 Bfr fin 5 991 999 Yen 0 8411 2348 words
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Article75 1979-07-26 9 QUOTES on Australia NZ exchanges on July 25: US dollar 1 1395 1.1347 Sterling 0 4913 0 4850 Ninety-day air mail buying rates: Sterling 0 5125 US dollars 1 1780 Ninety-day forward buying rates: Sterling 0 4951 US dollars 1 1413 New Zealand Reserve bank midrate,: US dollars *****75 words
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Article53 1979-07-26 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for the following: $45 million 91-day Treasury bills to be issued from July 30 to Aug 3. $25 million 182-day Treasury bills to be issued" on July 30. Each tender must not be for53 words
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Page 9 Advertisements
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Advertisement36 1979-07-26 9 [90% findncing.4-year repayment. 7% flat p.a. If you're looking for a car, only DDS FINANCE offers you such flexible terms Call us today. DBS FINANCE LTD. DBS Building, 6 Shenton Way, Singapore 1. Tel. 2201) 1136 words
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DEALS DONE ON THE SES AND KLSE
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Article1144 1979-07-26 10 810 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 deal1,144 words
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Article193 1979-07-26 10 4 1/2% 1/8/80 (250.000) (99.508 *****) 4 3/4* 1 ft/9/80 (250.000) (90.658 99.758) ft 3/4* 1/8/78-80 (250.000) (100 758 *****S) ft 1/2* 1/ft/79-81 (250.000) (*****8 100 455) ft 3/4* 1/9/79-81 (250.000) (100 58S) ft 1/4* 1/3/81 (250,000) (100.108 100.206) ft* 15/4/81 (250.000) (90 058 99 758) ft* T193 words
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Article92 1979-07-26 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. ■aw Par (Sept $1.20) (0.268 O.MS). 8«b Shipyard (Sept $1 40) (0.26S 0.345). Ome92 words
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Article160 1979-07-26 10 S pore Growth Fund 108 l.U 8INGAP0U UNIT 1KI HT INCOME BOND UNIT (Mi—iwi' pi km ikrJUM) (Carrot pr Income Bond lew) 1.U The Commerce The Saving Fund 2 02 MM 2.14 1.41 1.1C S pore Prog Fund 0M 0» S pore Sec. Fund 1.7$ 1JT KARA BI160 words
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Article2571 1979-07-26 10 Gr's Cr'» Net 1979 Company Last Div Div Y'ld P/E Vol Day High Low Sale or- C*vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 226 unch 15.0 2.2 66 115 1 226 226 190' 123* Alcorn 173 10.0 15 5.7 23.0 142 110 Allied2,571 words
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Article1404 1979-07-26 10 BID And odcr price* officially bated and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of sham traded shown in brackets in lots at 1.000 units unless otherwise specified INDUSTRIALS Afaiwili (2 638) Aksa (1758 I BS) Ales BaM (1325) cd1,404 words
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Article186 1979-07-26 10 Fraaer A Neave Ltd: AGM to be held at the OCBC Centre, Chulia Street, Singapore, at 12 noon on July 26. This will be followed immediately by an EOGM. Tea Hlap 8eaf Ltd: EOGM to be held at Uth Floor, Shing Kwan House, Shentqp Way, Singapore at 12186 words
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Article, Illustration618 1979-07-26 10 LACK ef buying interest euied Ml and slightly easier market at the Btoek Exchange ef Singapere (SES) yesterday. Turnover was considerably reduced as speculators, tee, were, by ami large, aea-eemmltal partly dae ta the lack d raage. Their absence was particularly evident on the hig618 words
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633 1979-07-26 10 PRICES were dealt to a slightly easier close in another extremely dull trading session on the Kuala Lumpur stock market yesterday. Most counters were marking time as investors withdrew their support, and among the more popular issues, business was markedly reduced. A dealer633 words
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COMPANY NEWS
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233 1979-07-26 11 MALAYSIA Building Society (MBS) has reported significantly higher earnings at mid-term following an increase in the value of loans given out. The company, which is mainly engaged in providing housing loans, showed a 25.8 per cent rise in pre-tax profit to M 58.66233 words
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Article, Illustration464 1979-07-26 11 P. GUNASEGARAM - By P. GUNASEGARAM BOUSTEADCO Singapore's recent acquisitions including interests in commodity broking and shipping are expected to provide the main boost to profit growth in the current year. A satisfactory start to the year had been made, chairman A. Charton said in his annual464 words
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Article125 1979-07-26 11 SHELL Refinery has fulfilled its objective of bumiputra participation in its former chemicals subsidiary, Tiram Kimia, with the latest acquisition of a 10 per cent stake by Aman Nominees, a Komplek Kewangan subsidiary. This adds up to 30 per cent bumiputra interest in Tiram Kimia, the125 words
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Article, Illustration458 1979-07-26 11 REFLECTING substantially higher earnings from its Malaysian plantations, pretax profit of Yule Catto Company soared 92 per cent to £1.31 million for the six months to April 28. 1979. Turnover of the group, whose main interests are rubber and oil palm cultivation.458 words
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Article317 1979-07-26 11 Current Es Books Date Total for Total for Payment Date Close Payable the year Previous year FAN 18% Jul 10 Jul 17 Jul 27 26% 22% D Baby 10% Jun 19 Jun 29 Jul 26 10% 7.5% PMC 5%<n) Jun 28 Jul 10 Jul 26 10% 15% Grand317 words
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Article106 1979-07-26 11 Company Ex Date Books Close Yeo Hiap Seng Bonus Issue of 1 for 3 Rights Issue of 1 for 3 Of $2.25 per share Jul 24 Jul 31 Spore Glass Bonus Issue of 1 for 5 Jul 26 Aug 2 B Semb Bonus Issue of 3 for 1106 words
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Article342 1979-07-26 11 THE IMPROVEMENT in the property and stock markets last year enabled Malayan Credit to break away from the profit doldrums it experienced in the two preceding financial years. For the year ended March 31, 1979, group pre-tax profit climbed to $4.29 million from a342 words
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Article397 1979-07-26 11 THE Kuala Lumpur Stock Exchange has queried SYNTHETIC RESINS on its recent purchase of freehold land and buildings in Tampoi, Johore, from its associate Synthetic Fabrics. The KLSE wants to know the basis on which the consideration of |1 million was arrived at, and a copy of the397 words
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385 1979-07-26 11 HOCK LOCK SIEW THE Hong Leong Finance rights issue has sparked interest in a number of banking stocks for exactly the same reason. Financial institutions have to fulfil certain regulatory requirements which cause them, from time to time, to keep on expanding their capitalHOCK LOCK SIEW - 385 words
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Article41 1979-07-26 11 announced group pre-tax, profit of $408,193 for the six months ended June 30, 1979 compared with $54,779 previously. After minority interest, profit was $278,914 against $174,030, the latter figure including share of profit from associated company of $119,252 (nil).41 words
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35 1979-07-26 11 reported group pre-tax profit for the year ended Mar 31, 1979 of M 5537,000 as against $232,000 the year before. Pre-tax loss at the company level was $73,000 against $112,000 previously.35 words
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Article60 1979-07-26 11 announced group pre-tax profit of $5.21 million ($4.88 million) on turnover of $43.96 million ($47.31 million Mor the year ended March 31, 1979. The result excludes an extraordinary gain of $2.43 million (loss $200,000 previously) The company has declared a dividend of 10 per cent (previously 10 per60 words
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Page 11 Advertisements
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Advertisement252 1979-07-26 11 Word power: Edward de Bono 265 special words are covered here. This big new book from de Bono, author of Lateral Thinking, makes available for the general reader an invaluable store of the vital words which form part of the living vocabulary of every thinking man. The War Lords: AJ.P.252 words
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388 1979-07-26 12 CHOO AI LENG - By CHOO AI LENG THE Singapore Industrial Labour Organisation (SILO) and seven General Electric (USA) companies have reached collective agreements in which all the 12,500 bargainable employees will receive wage increases of a minimum of 540.1 l per month and a maximum of388 words
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Article758 1979-07-26 12 LONDON. Wed.— Prices closed quietly lower on the expectation that interest rates could stay at present high levels for some time, dealers said. At 3 p.m.. the FT index was down 3.4 at 463 6 Government bonds closed up to 5 8 point lower on profittaking after Tuesday's758 words
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Article, Illustration212 1979-07-26 12 TWO major projects of the 1980s the $2 billion petrochemical complex and a proposed coal power station will take shape on the two southern islands of Pulau Ayer Merbau and Pulau Seraya (shown above). Development work on both islands, lying southwest of Singapore, has been212 words
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Article304 1979-07-26 12 PRIME Minister Lee Kuan Yew has sent his condolences to Mrs Jean Thomson, widow of the late Prof G G Thomson who died of a stroke on Sunday night. Mr Lee, in his message, said Prof Thomson had contributed to educating members of the civil service during the304 words
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Article155 1979-07-26 12 J WALTER Thompson, the world's largest international advertising agency, has set up a full service office in Singapore. The office will assume certain responsibilities connected with clients of PTM Thompson Advertising in Singapore, a joint venture between J Walter Thompson and PTM Sdn Bhd155 words
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Article141 1979-07-26 12 THE Malaysian government and oil companies are working on a new price for diesel which will apply to both general consumers and industrial users. However, Malaysian Deputy Trade and Industry Minister Datuk Lew Sip Hon said the government would continue to subsidise the new price to141 words
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233 1979-07-26 12 BEN AND CO, subsidiary of Staits Steamship, is on the threshold of making significant changes in its financial and organisational structure, aimed at rejuvenating its ailing financial position to profitability. In a press conference, newly appointed managing director, Mr David Boyd said the company233 words
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286 1979-07-26 12 WANG LOOK KEAH - By WANG LOOK KEAH NEGOTIATIONS on air services between Singapore and Kenya can only be Hfeld after the middle of next year, due to heavy committments undertaken by the African country In a reply to Singapore's invitation for an air agreement, Kenya said air286 words
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Article268 1979-07-26 12 A CODE of ethics governing the sales promotion of infant formula products has been drawn up for the infant food industry and its advertising agencies. Effective on August 1, the code is based on principles subscribed to by the International Council of Infant Food Industries (ICIFI),268 words
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Page 12 Advertisements
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Advertisement72 1979-07-26 12 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. really afford to Cot oat and post today To: Times Business Publications Ltd 1, New72 words
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Advertisement456 1979-07-26 12 Business Times' National Day Feature: The New Industrial Society This year's National Day feature will carry a thought-provoking and possibly controversial theme: the New Society that is being built on the industrial base now being constructed. What will the impact of the latest NWC recommendations and new emphasis on high456 words
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Page 12 Miscellaneous
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Miscellaneous62 1979-07-26 12 W EATeH ERI Outlook for Singapore from 6 a.m. to 1 p.m. today: Scattered showers. Report for 24 boors prior to 7.31 p.m. on July 25 at the airport. Maximum temperature 30.4 Associated humidity 72 Minimum temperature 25.4 Associated humidity 90 Hours of sunshine 2.95 Rainfall in millimetres Trace Total62 words
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SHIPPING TIMES
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PORTSIDES
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Article114 1979-07-26 13 AP ANOTHER cargo tank on the stricken supertanker Atlantic Empress exploded on Tuesday, spreading a five-day-old fire and worsening the spillage of crude oil, sources said. The Empress collided with the supertanker Aegean Captain last Thursday about 20 miles of the coast of Tobago. Both ships burstAP - 114 words
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Article86 1979-07-26 13 AFP THE shipping management of Globtik group is to return to London at the beginning of next month after a two-year stay in new york. The Indian shipowner left London in 1977 due to disenchantment with the government's tax policies and interference. Mr Ravi Tikkoo, chairman ofAFP - 86 words
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Article58 1979-07-26 13 AFP FOR the first time in its hundred year history, the Tokyo University of Mercantile Marine is to open its doors to women, university authorities said yesterday. The world of commercial shipping has always been a traditional male stronghold and this will be the first time a JapaneseAFP - 58 words
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Article560 1979-07-26 13 GOH ENG KEE - By GOH ENG KEE FIVE Singapore shipping companies have formed a new container consortium to operate a regular weekly container feeder service between Singapore and Indonesia. Initially, Uni-Ocean Containers will offer a weekly sailing between the Republic and Tanjong Priok, which will be inaugurated by its560 words
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Article173 1979-07-26 13 UPI BUSINESS remained primarily western based bat that Meter Itaeif experienced siaggish conditions aad weakening rates. Major Indication of quiet fixing 1 rate levels was a drop of more than one dollar in tke US Golf/Holland grain payment So boa ten, for Instance, were saM to haveUPI - 173 words
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628 1979-07-26 13 AFP FREIGHT rates started their seasonal decline last week, despite renewed interest from Soviet charterers. Markets generally were short of grain inquiry, while tonnage supplies appeared more than adequate. North Atlantic trades were particularly soft, but in contrast rates were well maintained out of NorthAFP - 628 words
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2275 1979-07-26 17 BCHEMHE 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 of2,275 words
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Article500 1979-07-26 17 Sktpptag Um ACS Afea Alpac Angkutan Angonave ANL APL Arya Nat ASCL Aust.Cont Bank Banner BBS Ben Asia Ben Ben Ocean Blue Funnel CAVN C.C.C. Celtic Ceylon China Ocean China Nav. Cideco CMCR CNAN Country DSR-Lines Dong Sue P*g* n IV IV V V i ra n ra IV500 words
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Article966 1979-07-26 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 the966 words
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Article, Illustration525 1979-07-26 18 A SUGGESTION to take steps to ensure own flagcarrying ships within the framework of international treaties, trade agreements and the UN Liner Code has been recommended by the Indian National Shipowners Association (Insa) in a memorandum submitted to the chairman of the highlevel525 words
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Article, Illustration137 1979-07-26 18 MODEL boat builder Alf Hursey, 62, uses matches to build his models mainly famous sailing ships of the past. Mr Hursey, who lives, in Hobart, spends many hours painstakingly gluing matches together to make the scale models His latest effort is the James Craig, a 19th Century137 words
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Article1135 1979-07-26 18 ORIENT EXCHANGE MARKET THE FREIGHT, sale and purchase, and scrap markets are very' active. Some freight rates are increasing faster than bunker increases. Bunker fuel is difficult to obtain even for large volume purchasers. A few Asian owners have been expanding their fleets during recent weeks.1,135 words
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Article, Illustration461 1979-07-26 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Emerald (0530, hauls 57m east after Torben Maersk sails) 35 36 Emma Bakke (0600, hauls 44m east after Emerald sails) 33/34 Gamzat Tsadasa (after Sibonga) 44 Golden Season (0600, after Able Reefer) 23 Kawana (ro/ro) (1700, after White Coral) 45 Louis Lykes461 words
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705 1979-07-26 18 Seatrade SOME ALTERNATIVE to the "blue ticket clause", which guarantees that a ship will not be harassed by the International Transportworkers Federation (ITF) or any of its 380 affiliated unions spread through 85 countries, should be considered. This was stated by Sir Frederic Bolton, presidentSeatrade - 705 words
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Page 13 Advertisements
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Advertisement245 1979-07-26 13 EURO ASIA CHARTERING CORPN 'PTE' LTD Sutte 807 Bth Floor. Ocean Building Singapore 0104 Cable iurofracht Tel«» HS ***** A B Eurofra Telephones *****0 <sp> JAR DIM AMAH t 1 Orient Overseas ConlcjMeA Line FULLY CONTAiCRISED SERVICE TO EUROPE (VIA SUEZ) [~S f»re P Keixtf 1 LeHa»re *'dam M'b«t Antwerp245 words
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Advertisement239 1979-07-26 13 591§ SEALORD ANTAH A UASC UNITED ARAB SHIPPING CO (SAG) All vessels ***** DWT, 105 TON H L Derrick 288 TEU Capacity. Long Length Capability ■ARABIAN GULF WEEKLY SERVICE essei S pore Loading for Dammam '26 8). Dubai <29 8) Kuwait <31 8) Kuwait. Dammam Doha. Bahrain Dubai Mina Qaboos.239 words
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Advertisement306 1979-07-26 13 NOL NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE TO EURO* (WA SUEZ): S pee P Aeiang C CONTMKR N COAAI C PAUL JACEJM *1 PtAJtl C TOTE JACfWON R W F stoat 77 Aug 77 M 7« Aug 79 Aug 31 Aug t Sept 5 Sept306 words
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Advertisement586 1979-07-26 13 SHOFUKU LINK Full Container Service Straits Taiwan Japan See Page IV Column 3 for Sailings S PORE AGENT SHOFUKU AGENCIES (S) PTE LTD 7CTH FLOOR OCEAN BUILDING. SINGAPORE 1 MARKETING *****2 <3 LINES) GENERAL *****1 (14 LINES! TELEX RS ***** RS ***** A B CARSHIP CABLE "SMOLINE" A MALAYSIA AGENT586 words
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Page 14 Advertisements
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Advertisement758 1979-07-26 14 Hapag-L FULLY CONTAMERISED TO EUROPE Hamtowt Eiprns In Port 27/1 17/8 19/8 20'8 22/8 Bremen Eipress 3,8 20/8 22/8 23/8 25/8 B«na»on 4/8 5/8 24 8 26/8 27/8 29/8 Tokyo Bay 12/8 13/8 3/9 5/9 6/9 8/9 Cardan Bay 21 8 22/8 U/9 13/9 14/9 16/9 Into Eipress ?8 8758 words
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Advertisement331 1979-07-26 14 8.5 borber blue sea From: US ATI ANTIC US GULF t EAST CANADA Barter ferww B»t« .i:<: MH ISWlff.l I Los wjflfi Crototal St Mm W PMadefcta Batttnore m Near Orleans u 3 la.rnrtiA JTi WW* Vancouver BC Los tafeto San Francisco fel/tC: t iP«tSS ABAplA* AS: PAHA* PQATS I331 words
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Advertisement698 1979-07-26 14 EVERGREEN LINE f FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTING CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP, LE HAVRE ALSO ACCEPTMG CARGO FOR: UNITED KMGOOM SOUTHAMPTON LONDON, MANCHESTER. BIRMINGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BtfMtRHAVEN HOLLAND AMSTERDAM S'pn Hjntovt Fofailovt Rottordjrn Antwerp It None (Mr Hyttm Ami 25 A* 27A*698 words
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Advertisement870 1979-07-26 14 I Everett Linesll m Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE" LOADING FOR RANGOON B r 5 5 C Agents r» Moloysia TEPS MALAYSIA Port Kelong Tel <38>-7355 Penong Tel *****/***** ijt P Compania Argentina De [T Navegacion Intercontinental S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOADING FOR DURBAN.870 words
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Advertisement594 1979-07-26 14 r mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHENTON WAV MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****70 131 SANKYO LINE AUSTRALIA SERVICE VUE RIVER.. YUE MAN ma r prmci P Keiang 27/29 Mr bl Port 15/17 Aug Singapore In Port 29/30 July 11/19594 words
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Page 15 Advertisements
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Advertisement882 1979-07-26 15 Overseas I I Containers Vmm Limited Weekly service to/from UK/Europe To UK/Continent Hjmbwf tipresi 26 M 27 M Bremen Eipress 3 ftuj Tokyo Bar Cardgan Bat Tata Eipress Bin Mini Kiufi Mara Osaka Bit 4 *«C S»* 12 Aug 14 Aug 22 Aug 23 A«| n hut 29 Aug 3882 words
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Advertisement1092 1979-07-26 15 GRANARD LINE RELIABLE t DEPENDABLE NON-CONFERENCE EXPRESS SERVICE NEST BOUND-FAR EAST/MEDITERRANEAN Sport f KHane Pen** M.V. MM CtCONC V.29W- 17 Auf M.V MAN TAT V 311 V S*p *11 VESSELS ACCEPT* CONTWO CMSO P Sad Aleiandria Beirut Uttrtu Pirtaus P Said Aleiandria B*irut Lattakia Pireaus EAST BOUND-MEDITERRANEAN/ FAR EAST HV1,092 words
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Advertisement674 1979-07-26 15 PTr BEN LINE CONTAINERS 1 EXPRESS COffT MO SERVICE TO/FROM EUROPE to aim Hjnbu't f ipress Bremen Eipress Benavon Tokyo Bay Canaan Bay Tot 10 Eipress Rhine Maru Kasu|i Maru Osaka Bay My* Bay Card** Bay Tatoo Eipresi Mm Mm Osaka Bay H BURG B'HAVIN ROAM HAVRE JOTON Germany/Austria Benetai674 words
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Advertisement380 1979-07-26 15 Scan Dutch 9 li *11 'iL*i7j t »ji"j :«i 11 EASTBOUND FROM MED/UK/NC/SCANDINAVIA I) C'kar| 2) Hbw| I) lm 4) Rdam 5) KM t) Mutes 4/1 l/« U/l l/l U/l 15/1 »/i mi 1) Mm. SMMh o*. NM 2) Aartaa 3) Br mm 4) Mm|. Amsterdam IK Barceteru Caaoa. Bade380 words
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Advertisement670 1979-07-26 15 r BOUSTEAD Agencies THE BANK LINE LTD. LOADS FOR E. I S. AFRICA FMCMNEN (Reunion Maiunga Ou'tun Clown Pf f Idn) Spore 28 31 Aug P Hdjnj 1/2 Sep ««rntw wacopouos (Reunion Durban Cto»n Pt Elu. E London) S pore *7/30 Sep P Mang 1/7 Oct LYKES ORIENT LINE U.S.670 words
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Page 16 Advertisements
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Advertisement1033 1979-07-26 16 I K line SS BRIDGE ?2W C CONTAINER 2W N CORAL UW C PAW 17W K lACE UN 1W TO EUROPE P Keiang I Havre R dam 1 Aug 17 Aug 22 Aug 5 Aug 21 Aug 22 Aug 13 Aug 28 Aug 29 Aug 18 Aug 3 Sept 41,033 words
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Advertisement933 1979-07-26 16 U.S.A./EAST CANADA SERVICE Betaean P Singapore E.C./GREAT LAKES SERVICE LOAONC FOB WW TOM. NORFOLK. MONTHU.. TOMMIO. ASHTABUU Pnvmg Betaaan P Kelang Singapo<t VBIOIA TET <C* Oacaga) 13/15 A* 10/12 Aag 7/9 A* WH*A DHAAMA" M/ 31 Aag 20/29% 25/27 tog CALIFORNIA/PACIFIC NORTH WEST SERVICE loadng far: lOS ANGFLES SAN FHANCBCO,933 words
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Advertisement525 1979-07-26 16 [i r~ o .A(iroiip SINGAPORE SHIPPING AGENCIES PTE LTD 20TM FLOOR OCEAN BunD'NG SINGAPORE MARKETING 91H22 13 LINES) GENERAL 91 Jl 11 I' 4 UNESI TELE* BS 2459S RS ***** A B CARSMiP CABLE CARGOSHiP jr. SINGAPORE ISL.4\DS USE jriMAlßUli iiL J ■W1 IUU.k MIPDI t EAST RK.LLAR USER A525 words
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Advertisement764 1979-07-26 16 MJOfsj© S .IHAt YSIAN INTf P\A TlOhiAL SHIPPING CORPORATION B CPU AO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BOM* Feeder *P Kelang Vessel Sport I) Msedles Rdam 3) HDurg 4) GOurg 1) Barcelona Genoa Amsterdam Antwerp I Hawe. Bilbao Basle UK. 3) Bremen Bremenhaven Aarhus Copenhagen Helsinki 4) Mil764 words
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Advertisement814 1979-07-26 16 f INTRASEA (PTE) LTD. Faber House. 234E Orchard Road Singapore 9 Telephone *****11/*****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S pore P KeUng Penang Loadng tor: EVMAR NB4 5 30 M 27 M Boulognc/R d«n Avon (UK) NORASIA WB4B ?5 Aug 23 Auj Avon (UK), Boulogne Antwerp Agents: Sngapore814 words
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Advertisement340 1979-07-26 17 CELTIC BULK CARRIERS Reordon Sm.th 1 .nr- I• )r-H |~s h \h (1 -.y 1t 1 Regular Bulk Service For Timber Plywood inwji Agents Marathon Umted Agency Pie Ltd Spore Tel: *****66 3 ines) Skb IWnl Shvpnt Sermces Sdn BhO K L IH 4WS7O P Ketang Id 3M103 CIDECO PTE340 words
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Advertisement210 1979-07-26 17 LIAN SOCN SHIPPING TRADING CO (PTE) LTD >10: I'IK HOO» C" BUllOi*& t »OBi*SO» *o*o V»C»»0«! 1 m yToom ii t'ws» c*»u ummm*o GBN FAR EAST WEST AFRICA SERVICES FCI LCL BREAK BULK SERVICE VESSEL Sport Lagos Tema Aian HERCHNAE 30/ 1 Aug 26 Aug 31 fai| 3 Sep TBH210 words
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Advertisement322 1979-07-26 17 PERSIAN GULF SERVICE EASTDtN EXPRESS VMM. ETA ETD LOADWG FOR In Port 27 U Muscat/Dubai Abu Ohabi Balv am/Kuwait HARMES BAY V 991 EAST-BOUND PtSCHARONG OWLY HA ETD toPort ?6 M RANGOON/ CHITTAGON6/CHALNA SEKVICE MV FIVE ISLAIOS ki Port TBC CONTAINER SERVICE TO AUSTRALIA M V SUN EMERALD ETA ETD322 words
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Advertisement290 1979-07-26 17 •Tonf i** Ton Men Wang Tng *tfci ian( fun Shu •lUang kang .CHINA OCEAN SHIPPING COMFANY UKC SEM-CONTAINER SERVICE P AELANG PfNANG LOADING FOR 26/28 My Rotterdam Hamburg 29/31 My Rotterdam Hamburg 5/ 7 Aug Antwerp/Rotterdam Hamburg 2V26 Aug Rotterdam Hamburg 27/29 Aug London Antwerp Rotterdam/ Hamburg 25/26 Sept Rotterdam290 words
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Advertisement381 1979-07-26 17 PROPOSAL TO CHANGE A SHIP'S NAME WE. SINGAPORE SHIPPING AGENCIES (PTE) LTD., of Suite 2002. 20th Floor, Ocean Building, Singapore-1. hereby give notice that in consequence of our Principals purchase of the vessel "EASTERN PROSPERITY", we have applied to the Registrar of Singapore Ships, under Section 417 of the Merchant381 words
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