The Business Times, 8 August 1979

Total Pages: 38
1 38 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 148/1/79 WEDNESDAY, AUGUST 8,1971 50 CENTS
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  • BRIEFLY...
    • 68 1 THE Minister of State for Foreign Affairs told Radio and Television Singapore on the eve of the Association of South-east Asian Nation's 12th anniversary yesterday that the challenges facing Asean will come from the situation in Kampuchea and the continued exodus of Vietnamese refugees. These have created
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    • 48 1 KUALA LUMPUR, Tues. MAS (Malaysian Airline System) is working towards introducing more flights in Sabah and Sarawak. The airlines' company secretary, Mr Abdul Aziz bin Abdul Rahman said MAS is considering the possibility of leasing more aircraft to enable additional capacity within the East Malaysian states.
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    • 54 1 AFP HONGKONG, Tues. The Hongkong government's tough new immigration law to prevent refugees coming into the British colony on large ships is being extended to smaller vessels from Portuguese Macau. A goverment official said the law would be applied to persons who traffic in illegal entrants from both
      AFP  -  54 words
    • 68 1 AFP LONDON, Tues. Kuwait has reduced its oil deliveries to Royal Dutch Shell by almost as much as the 80,000 barrels a day trimmed from British Petroleum's Kuwait shipments, oil industry executives said here today. Shell was invited by Kuwait to continue taking the amount it has
      AFP  -  68 words
    • 42 1 UPI BANGKOK, Tues. The Vietnamese government announced measures to boost lagging production including giving government loans to private enterprise. The announcement appeared to be a step backwards from policies designed to replace private enterprise with state and collective production. UPI
      UPI  -  42 words
    • 50 1 AP LONDON, Tues. Britain hopes to have a new Zimbawe-Rhodesian Constitution drafted and peace talks held in London within five weeks, British Premier Margaret Thatcher. Mrs Thatcher said officials would start working on the new Constitution immediately after Friday's special session of the British Cabinet in London. AP
      AP  -  50 words
    • 61 1 AFP KOTA KINABALU, Tues. A meeting will be held in London next week to finalise details of the proposed US$l.l7 billion (552.57 billion) aluminium smelting plant to be built in Labuan, near here. The meeting will discuss the technical aspects of the project. A group comprising Sabah government
      AFP  -  61 words
    • 52 1 UPI NEW YORK, Tues. The stock market, after an uncertain start, moved higher early today in fairly active trading. The Dow Jones industrial average, off a fraction at the outset after rallying to gain 2.39 points yesterday, was ahead 3.50 points to 852.04 after the first hour of
      UPI  -  52 words
  • 134 1 Rises Kramat 450 50 Carlsberg 520 15 W Jacks 179 12 Somb Shipyard 201 +11 Nat Iron 545 10 C C M 540 10 UBS 530 10 Esso 440 8 Sin Chew 432 8 Nanvang Press 334 8 Y H S 312 8 Hume M 250 6
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  • Article, Illustration
    163 1 Rises Malayan Tin 1780 50 Minsec 520 40 Kramat 452 24 SEA Corp 1040 20 SovTan 182 12 W Jacks 177 11 K Kampar 340 10 Tasek 362 10 N Iron 545 10 U M Works 194 +09 M Box Bhd 255 08 Lien Hoe 167 07 C
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  • 698 1  -  DRIVE FOR SKILLED WORKERS By The Editor THE GOVERNMENT is to relax the rules on the acquisition of permanent residency in the Republic as part of the drive to improve the quality of local industry and upgrade the level of manufacturing skills. The new definition of
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  • 231 1 THE adviser of Guthrie Bhd Standard Chartered Merchant Bank Asia did not consider the proposed price of $2 a share for the minority interests in the company as reflecting its true value. This was the main reason Guthrie Corporation did not proceed
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  • 479 1  -  By MANO SABNANI HIGHLANDS and Lowlands is making another HK$5OO-million (SJ2OB million) takeover bid for the Hongkong-incorporated Rubbef Trust group of plantation companies. Highlands said yesterday it is offering cash of HKI7 75 for each HK$l share in Rubber Trust, HK$5.lO for each
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  • 267 1 AFP. STERLING yesterday took a beating on foreign exchange markets as it dipped by a hundred points to U552.2310 (5J4.82) when Europe opened in the afternoon. Sterling has been losing ground against the US dollar since late last week after it touched a high of U552.2800 The high
    AFP.  -  267 words
  • 261 1 IN JUST aver a week, the price ef geld has fallen by US$25 (abeat Ssss) to $282 tram lta reeard Ugh ef $391 aa eaaee. The drap has been rapid and reflects to same extent the grawlag strength ef the US dellar. The
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  • 374 1  -  By RUTH CHENG THE Post Office Savings Bank (POSB) is venturing into merchant banking. It has taken a third of the equity in a merchant bank Banque Nationale de Paris Southeast Asia. Banque Nationale de Paris (BNP) owns the remaining equity in the new venture,
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  • 37 1 THE NEW ALONG with your Business Times this morning is a 20-page supplement which gives an in-depth view of what lies before us. Make sure you get your free copy of the New Industrial Society.
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  • Page 1 Advertisements
    • 31 1 whatever you need in menswear, get it at... MOHAN'S DEPT. STORE (PTE.) LTD. 321. Orchard Road le< *****22 (next to Mandarin Hotel) Branch. 101. Tanglm Shopping Cantre "*■4 *****49 Daily 9am-9pm
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    • 53 1 FRATA NEWS AS AGENTS FOR SUTTONS INTERNATIONAL LTD OF LONDON WE PROVIDE 1.5.0. TANK CONTAINERS FOR CARRIAGE OF BULK LIQUIDS FOR RATES AND FURTHER DETAILS CALL MR. R.D. FRASER MR. TAN KAY HOCK MRS. JUDY TEO FR ATA SHIPPING PT€.LTD. Suite 801,8 th Floor, World Trade Centre, Maritime Square. Singapore
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    • 71 1 I SHIPPING TIMES s FIRST aU-flbreglaas helicopter.. 2 tHt„„„ T .TT-, MORE visiters to Singapore 2 THREE-feld increase 1b Keek GLOOM is. America's meter Seng profits 11 city I TELECOMS te intredaee nevel US econemic policies versus telex system 12 inf1ati0n.................................... 7 NEW mad sf Care increase! COMPULSORY life insurance
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    • 160 1 Pubucoiton SINGAPORE Business FOR A PEOPLE WHO k~ MATTER Leader... Page C a All this and 3D too. The Olivetti Copia 1550 reproduces manuscripts, typescripts, photocopies, drawings, photographs, books, leaflets and almost anything. Even three- dimensional obiects! And it copies on both sides of plain poper. As well as on
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  • TRADE AND INDUSTRY
    • 473 2 COURSES AND TALKS Aug 1-8: PUB Electricity Training Course, RELC, PUB 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 Aug 13-27: Managing People At Work, NPB Town Training
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    • 107 2 THE FIRST ali-flbreglass helicopter, the Ecureuil AS 351 B, produced by the French aircraft makers Aerospatiale, has arrived In Singapore. This is the first of its kind to he Introduced to South-east Asia although large numbers have been sold In Europe, the United States and Australia. Painted red,
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    • 328 2 DEMAND for engineering plastics will more than triple in the next 10 years but supply is expected to keep pace with demand. A survey published by the Du Pont Company shows that demand in the mid1980s will exceed 725,000 tonnes a year compared with
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    • 87 2 ASIA'S first international exhibition on Sanitation and Hygiene will be held at the World Trade Centre from Feb 6 to 10, next year. Organised by Eurotech Managements, the exhibition will give the industry a chance to study the Asian market and assess its potential. A wide range of
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    • 451 2  -  By LEE YOKE MENG SINGAPORE RECEIVED 175,055 visitors by air, sea and land in May, a 7.6 per cent increase over the corresponding month last year. This resulted in an increase of 8.5 per cent in the first five months of the year compared with
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    • 82 2 ORCHARD Hotel, a new luxury hotel under construction, is installing a computerised hotel management system called Interhost to provide better guest services. The hotel, which will open in December 1900, has engaged Perkin-Elmer Data Systems (Far East) Pte Ltd to install the system. Operations to be
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    • 312 2 A NEW range of fluorescent lighting control equipment will be introduced to Singapore for the first time by Atco Controls, an Australian manufacturer of energy-sav-ing devices. Mr John Buckland, the marketing manager of Atco, was in Singapore recently to explain the benefits of the
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    • 293 2 PENFABRIC Sdn Bhd has obtained from Malayan Banking additional banking facilities totalling MSIB million. The bank's loan package to Penfabric, a member of the Pen group of textile companies one of the largest in Malaysia is in the form of overdraft facilities. bills discounting, letters
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    • 160 2 THE COMPUTA'79 seminar on 'Technological Advances in Computing' from August 13-15, will provide an excellent opportunity for those involved in the computer industry of South-east Asia. It comes at an opportune period when South-east Asian governments and management are becoming increasingly aware of the benefits
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    • 285 2 THE director of the Department of Trade, Mr Ridzwan Dzafir, said he hoped Singapore, through the first-ever trade mission to Latin America, can break new grounds in that part of the world. The mission, organised by the Singapore Manufacturers' Association, will leave
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  • Page 2 Advertisements
    • 17 2 Congratulations to Wywy Pte. Ltd on their official opening of the new Wywy House. BANKof AMERICA s
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    • 69 2 }<{<=>{?.-?%=)\_[*!/\",`]<=+(}) Warmest congratulations to Wywy Pte Ltd on the occasion of the opening of Wywy House. AIU (Singapore) Private Limited American International Building, 1 Robinson Road, Singapore 0104 Telephone Number: ***** MANAGING AGENTS FOR: American Home Assurance Company New Hampshire Insurance Company American International Assurance Co Ltd Member Company of
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  • Page 3 Advertisements
    • 1532 3 Wywy Private Limited Wywy House, 17, Leng Kee Road, Singapore 0315. Tel: *****5. Telex: Wyld RS *****. Cable: WYMIC. The Right Way to Office Automation Wywy House officially declared open today. Mr. Takeshi Ouye, President of Ricoh Company Limited. Japan, arrives in Singapore to attend opening ceremony. Wywy Private Limited,
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  • RAW MATERIALS
    • 179 4 THE SUGAR futures market yesterday closed easier in continued qiet trading, dealers said. September closed at 8.65/ 70 US cents against Friday's 8.75 80 close, October at 8.9S 9.00 against 9.05 10 and July at 10.60 65 against 10.80 85 cents. Sugar futures closing prices: Pre visas (losing
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    • 149 4 WHEAT futures on the Chicago Board of Trade on Monday closed five to 3' .> US cents a bushel lower. Traders said a last minute spurt of local shortcovering was prompted by rumours that the day's export inspection figures would be larger than had been expected. The late local
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    • 117 4 Reuter. CHINA'S imports of soybeans in the period October-June (1978 79) are estimated to have risen to 163,800 tonnes from 128,000 tonnes in the same 1977/78 period, the Hamburg-based publication Oil World said. Basing its estimates on export statistics of China's main trading partners, the publication ssaid
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    • 357 4 THE SINGAPORE rubber market yesterday started some two cents higher following Monday's afterhours steadiness here and firmer London advices, but fell back on freer offering of near August, which was traded at even money to September. Prices, however, rose again later on fair demand for October December 1979 and
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    • 31 4 Rubber: Aug 7 Singapore: August: 289.00 cents (up 1.75 cents) Malaysia: September: 289.00 cents (up 3.25 cents) Tin: M 51,910 (up $10) Official offering: 156 tonnes (down 19 tonnes)
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    • 345 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. 289.00 290 OON 291.00 292.00N Int. 1 R.S.S. August 287.25 287.75 289.00 289 50 Int. 1 R.S.S. September 287.25 287.50 289 00 289.50 Int. 2 R.S.S.
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    • 103 4 NOON SSR and SMR price* yeaterday HAS Auffuat September (Current Mth) (Forward Mth) Buyer* Seller# Buyer* Sellers SSR 20 (1-ton pallet) 275.50N 277.50N 275.50 277.50N SSR 50 (1-ton pallet) 272.50 274.50N 272.50 274.50N MRELB Sept Oct SMR CV (1-ton pallet) 319.00 *****N 319.00 321.00N SMR L (1-ton
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    • 60 4 THE STRAITS tin price in Penaag yesterday gained Msll to $M 1« n picul. Despite the fftll at the London exchange overnight, values gained slightly on lower supplies of tin concentrates from miners and further light demand from all traders, dealers said. Total turnover dropped to 15C tonnes
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    • 339 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.95, 100 per cent second class 0.85, 100 per cent third class 0.80, 25 per cent new crop no slock. B-10 per cent 0.70. THAI BROKEN: A super 0 62.
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    • 193 4 YARN and cottoh prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) C«ltM y*r»: China Blue Phoenix 20s 2.250 32s 2,780 40s 3,010 (per bale of 400 lbs). Piece gudi: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 347 4 PRICES were all quoted unchanged on a nominal basis at the Singapore Chinese Produce Exchange yesterday. Outside its confines, the trend was barely steady. There continued to be an easier tendency in the copra and coconut sector as more willing sellers turned out in the wake of the
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    • 161 4 CHICAGO soybean futures closed 19*4 to nine US cents a bushel lower on Monday. Traders said soybeans backed off from steeper losses earlier in the session on a late local short-cover-ing rally. The rally, prompted by rumours that export inspection figures for the week would be higher than expected,
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    • 546 4 COFFEE: Robusta futures yesterday ended a quiet morning, £3 to £12 per tonne higher after trading 785 lots. Values held in a very narrow range following a steady opening where easier sterling had offset the lower New York close. Dealers said there was no news to attract fresh
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    • 314 4 AFP. Reuter. THE AUSTRALIAN Wheat Board is negotiating a new wheat contract with Iran. No quantities* are quoted yet. Australia has already advised the Iranian Commerce Minister Reza Sadr that the Australian wheat crop would be large enough to irylude Iran. This follows the
      AFP.; Reuter.  -  314 words
    • 66 4 C.I.F. North European porls, ifi US dollars per ton unless otherwise stated. LONDON: Monday Previouc Malaysian ffa bulk per tonne October 655slr 657slr Sumatra 5% ffa bulk August 670slr 665pd September 667 Sir 667 pd October 665slr 665pd November/December 660pd 659 pd Nigeria 5*> ffa bulk stg unq
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  • ASIAN STOCKS
    • 654 4 TOKYO THE NIKKEI Dow-Jones average declined for the 10th straight session yesterday, since most investors turned cautious regarding the current sharp rise in stock prices. Turnover was relatively thin, with an estimated 230 million shares changing hands. Resources-related issues, which had advanced sharply
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    • 65 4 FINANCIAL TIMES INDUSTRIALS Monday 459.6 Frtday457.5...Week Ago 451.0 DOW JONES AVERAGE INDUSTRIALS Monday 848 55 Friday 846 16 Week ago 838 74 LONDON DOLLAR PREMIUM Monday. 24'«to 24 Friday 24 to 24 I H.K.HANG SENG Tuesday 603.73 Monday 608.59 Week ago 605 23 SYDNEY INDUSTRIALS Tuesday 488.47 Monday
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    • 321 4 THE MARKET yesterday opened on a firm note with renewed buying for Hongkong Land and, following the confirmed sale of New World's mid-level property ,to the government, New World raced ahead to 2.75. A lack of follow-through for blue chips caused apprehension among local speculators and a mihi sell-oft
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    • 257 4 AUG 7 Cento INDUSTRIALS A. C. t 187 •2 A N I 175 -2 A. P M. in 4-2 Ampol Pet 67 unch B H P. no -2 Bank NSW 28b 5 Boral 7WS Brambles 170 5 C. B. A 243 -1 C. S. R 348 >8 Coal Allied
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    • 251 4 AUG 7 Bahts Asia Credit 234 •4 Asia Fibre 1M •S Ayuthaya In* And Trust Bangkok 1 234 unch Investment Bangkok Bank 358 -2 Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia -1«* -2 Bank Or Ayudhaya Ltd 232 -2 Bata <91 24
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    • 93 4 AUG 7 Pesos Acoje Mining .0078 0 008 Atlas Con A Atlas Con. B HZ 1830 unch Bagulo Gold .0078 unch Benguet Con. B J4.50 unch BF Goodrich 17.50 -1.5 CDCP 14 50 -05 Inco B Landoll Lepanto B. 1650 -0.0025 Marlnduque B 800 -05 Meralco 17 40 unch
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  • Page 4 Advertisements
    • 47 4 Our warmest congratulations to Wywy Pte. Ltd. on the opening of Wywy House. j. The Red Shield Co. Pte. Ltd.. Underwriting Managers for Employee Benefit Schemes. Room 3116, 31st Floor, International Plaza, Anson Road, Singapore 0207. Tel: *****66 Maxwell Road P. Box 2960 Singapore 9049 Cable REDSHIELD
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    • 26 4 Congratulations to Wywy Pte. Ltd. on the opening of Wywy House. SINEttPDRE BttEEMSE TRRNSPORT RGENCY PTE LTD BE, Asia In|urance Building, S'pore 0104. Tel: *****. 1
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  • OVERSEAS
    • 243 5 AFP, NYT US PRESIDENT Carter has re-affirmed his intention of maintaining an economic policy based on the struggle against inflation. Speaking on Monday at the swearing-in of new Treasury Secretary William Miller and of Mr Miller's successor as Chairman of the Federal Reserve Board,
      AFP,; NYT  -  243 words
    • 548 5 NYT IT HAS been proposed in the US that federal and state judges study the elimination of juries in civil cases that are too long, complicated and technical for laymen. The proposal was made by Chief Justice Warren Burger. As he has
      NYT  -  548 words
    • 322 5 AP, UPI NINE persons were arrested on Monday in Brisbane, Australia following a brawl between more than 300 Vietnamese and longshoremen sparked by the visit of two Vietnamese union officials. The officials from Hanoi were guests of the left-wing Watersider Workers Federation Club in
      AP,; UPI  -  322 words
    • 795 5 ARRIVALS Service Local Operator Number Time From SLA SQ2I1 1045 HLP MAS MH605 1045 KUL CIA GA944 1065 PKU GIA GA906 1100 MES UB UB231 1115 RGN THAI TG423 1125 BKK PAL PR501 1135 MNL GIA GA982 1200 HLP SIA SQ240 1210 MES SLA SQ201 1245 HLP
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    • 353 5 NYT THE United States has informed China that it would delay the legislation that would give tariff concessions to Beijing, a senior State Department official said. Although a decision has been made to seek the concessions for China this year, the official said the Carter Administration was
      NYT  -  353 words
    • WORLD IN BRIEF
      • 350 5 Agencies. DEARER oil last month pushed up British wholesale prices by 2.25 per cent, the sharpest montly rise in two years. The rise, which may foreshadow a further acceleration of inflation, raised the annual rate of increase in wholesale prices in July to 13.5 per cent
        Agencies.  -  350 words
  • Page 5 Advertisements
    • 86 5 Warmest Congratulations to Wywy Pte. Ltd. on the occasion of their opening of Wywy House. HAISIKG'S HOUSE HAISING REALTY CO. PTE. LTD. Real Estate Services in: Sales and Leasing of Residential, Commercial and Industrial properties Estate Management and Development Property Developers 6-B Robinson Road, Singapore 0104 Tel: *****5, *****6 Congratulations
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    • 127 5 Sole A genu Jardine Marketing Services Heartiest Congratulations to Wywy Pte. Ltd. on the official opening of their new head office and showroom, Wywy House. LK Air-Con Refrigeration Engineering Services 58, Greenleaf Road, Singaporelo27.Tel: *****75 Air-conditioners and refrigeration equipment •Electrical Appliances Sales Services, Repairs and Installation. Warmest congratulations to Wywy
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  • 400 6 THAT basic instinct of mankind to travel and experience far-off lands has again proved allenduring. Double-digit inflation may afflict the leading industrial countries of the West; real wages may be eroded by rising costs of houses, food and clothes but people will continue to travel
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  • 260 6 THE Post Office Savings Bank's acquisition of a one-third stake in the merchant banking operation of Banque Nationale de Paris is more than an exercise in diversification. That it is extending its interests cannot be denied. But this move by the statutory board,
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  • 1492 6  -  By EDWIN MCDOWELL NYT THE automobile industry has rarely been so deep in the soup: petrol shortages, layoffs, sharply reduced car sales, bloated inventories, the probability of a recession, the possibility of a strike, and the Chrysler Corp on the financial skids. Detroit, in
    NYT  -  1,492 words
  • 1107 6  -  Bringing the Green Stamps idea to Britain worked out well for Richard Tompkins. DAVID CHURCHILL traces the success of the former laundry boy and petrol station attendent who became Britain's highest paid executive. DAVID CHURCHILL FT One of the richest men in Britain is Richard Tompkins, the
    FT  -  1,107 words
  • Page 6 Advertisements
    • 137 6 s ft ri t J i .v."'. •11/ "->.r.r IlUlol} fFfni lllllflll* ?#i •"/trrtm, Buy a pea green boat or sell a nautical puss. Leisure Times is right on target For as little as $15. you can sell anything in Leisure Times a painting, a world tour, a vintage car
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  • Page 6 Miscellaneous
    • 1303 6 National Day treats THE Nitlml Day message by Dr Gik Keag Swee, Ike aetlag Prime Mlaslter, will sareiy be •ae «f the hems to watch toalgbt Tbta eemes m at •.IS. Bat first get late tbe Nattoaal Day helltay mssi with a maltt-radal variety stew, Pat Tbe Stag la Stagapere,
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  • 1030 7  -  As President Carter's new economic policy team emerges on the scene, the US is still plagued with inflation. LEONARD SILK examines the major elements of the policy of this team. LEONARD SILK NYT fclTH the Senate's confirmation of William Miller as secretary of the Treasury and
    NYT  -  1,030 words
  • 1160 7  - Kidnap Ransom insurance for the savage Seventies A super-sensitive industry has been spawned by the upsurge of guerilla activities over the past decade. ROBERT MCDONALD reports. ROBERT MCDONALD FT IT is an US$BO million (Ssl66 million) global business so supersensitive that the mighty Lloyd's insurance organisation officially doesn't discuss it
    FT  -  1,160 words
  • 764 7  -  FORUM. With MARGARET THOMAS A BRITISH journalist wrote recently: "No-one, it seems, is safe from television these days. Not satisfied with dominating our lives from the corner of the living room, the dreaded box is looking for innocent members of the public to lure into
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  • Page 7 Advertisements
    • 254 7 Now! The Buku Merah offers you an ever more effective way of selling your products and services In the Buku Merah's 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 that
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  • Page 7 Miscellaneous
    • 25 7 BriStoW: Frank EhckenS THC PLOT TmcKe^s... oSSr^'mv^ D£SK Top. George Goodali ,tV>e firm's wishes t Q meejb Ofc^tct. Ff Pcw\sy neodoios op +he. cleaning s+aft\,
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 190 8 AUO 6 FU abn ***** 1 Ahold 88.30 unch Ak to 28.70 0.1 AMEV 96.00 1 Amfu IliOO 03 Am rot Bank 71 20 0.4 Berfoss 58 00 03 Berk 96.00 -03 Bo Is 66 JO 0.5 BorsumiJ ***** 43 Burhmann 61 40 unch Byenkorf 71.60 03 Calve Delft
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      • 256 8 AUG S FYs CORBEILLE Atr-Llquide B S N Gervals Danone C8F (Thomsonf!«f) Cle Francaise de* Petroles CompafMe Flnanclere Compagnle Generale Credit Foncter De France 488 711 413-50 188 347 477 10 28 55 -03 4 unch HacheUe (Llbralrte) Machine* Bull Mlchelln (B) Parlbas Pechlney Clglne XuMmuin 223 50.90 >20
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      • 208 8 AUG 5 Dm Aef-Telefunken 45.80 -0.1 Ak«n T rT 26 OOB unch Alls Leben 707.00 2 All* V*r* 407 50 -Zb BASF 137.50 -03 Bay H T Wbank 25A.00 -4 Bay Vbank 286 00 -2.9 Bayer 131 JO -0.2 PRC 291 00 -3.8 BMW 186.00 .2 Cassella 356.00 >5
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      • 189 8 AUG a Francs Action* Sulsses 288 unch AluiuUae Br 1280 -5 AlujuUae Ref «87 -ft Brown Boreri Br. 1880 -10 Ctt* Oelfj Br. 1270 +s Clb» Oelfj P C 1035 unch Clt* Gelfy Ret a« 2 Credit Suisse Br 2230 JO Credit Suloe Reg tit unch Elektrowmtt Br 2156
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      • 93 8 AUO t Ft* FORWARD MARKET Actc 447 12 Artwd 1825 5 Astur jgg *24 Brucan 562 .4 Bru-Lunb 1KB *5 Canpac «22 2 Cock 475 unch De Beers 244 4. Ebn 2185 unch Electfobel 8480 unch Gb-Inno-Bm 2845 -5 Oev Hobok 2910 -40 Pttro 5000 unci) Ryl Dutch 2340
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      • 100 8 AUO 6 Lire Ante 15J5 -OS A*soc Oen ***** -210 ButOfl m -2 Centrtie 5460 -80 JUt 2611 -18 Plnalder Oen Immob i29 ItM unch -1* in Prl 2060 +15 IlaJcementi ***** -80 Italgaj 796 unch lUlalder 341 -22 Mafnetl M Pf 634 -2 Marelli Ere 288 -9.5 Med
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    • 1210 8 NEW YORK THE STOCK market closed mixed on Monday after defence stocks led a technical rebound from early declines. The market was basically trendless with news that June consumer credit had risen by USS2.BB billion in line with expectations and further confirmation that v the economy is slowing
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    • 9 8 THE TORONTO stock market was closed en Monday.
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  • Page 8 Advertisements
    • 652 8 See Page 4 for Asian stocks See page 9 for Jo'burg prices Where to wine, dine and entertain Come, 'sample' an experience! DOLPHIN i CAFETERIA. World ml* Trade CentM you .1 mis® rfn Delectable local dishes and Western lunches set in daintily stylish Scandinavian decor. Ty^x Popular SELF-SERVICE lunch daily.
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    • 30 8 s m FBBNfIpODB Mwinwm Everyday ft (fttfifwt Plit ok jour (Lunch paly) at SS 8.00 Lunch 12j00 pm to 2J3Q pm OtaMr7JO|«to llJOOpm <sfe'«Qota* tMCMfLOOi.f an MOMADrt rroiic. Td: *****29
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  • BANKING AND FINANCE
    • 747 9 NYT. BANGKOK'S Yawarat Road is jammed at noon. Samlors, the motored tricyles used as taxis, trucks, buses and cars compete for every inch of the road. Just as jammed are the open-front stores at the corners along Yawarat. Over each is a neon sign, light under
      NYT.  -  747 words
    • MONEY AND EXCHANGE$
      • 474 9 TRADING on Far East foreign exchange markets was thin yesterday as dealers nervously awaited the lead from Europe which opens in the afternoon. Little business was done on the yen and deutschemark counters, even after Europe opened, but attention was focused on trading in sterling. The British currency
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      • 124 9 THE US dollar for overnight delivery yesterday closed steadier at 216.45 compared with 216.40 at both the opening and at Monday's close, dealers said. Trading was very quiet with volume US$3O2 million. The dollar held steadier on limited buying by Japanese banks to adjust positions, they said. Trading was
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      • 183 9 Asian rates ASIAN currency deposit interbank rates as at close on Aug 7: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US DoiUn(Spot) Offer Bid 10 13/16 1011/16 11 10 111/16 10 IS/16 ll 1 11'. 11'. 11 10 IS/16 1011/16 10'. 10"» 1
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      • 50 9 RANGE of prices offered by discount houses on Aug 7: Overnight 7f« to y* Call deposits y* Closing Buying Selling 3 month Treasury bills 51/16 4 15/16 3 month Bank bills 7 7 1 3 month CD 713/16 711/16 6 month CD 715/16 713/16 Source: National Discount Co Ltd.
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      • 65 9 QUOTES on the Australia and New Zealand exchanges on Aug 7: AUSTRALIA: US dollar 1.1315/1.1257 Sterling 0 5068 0.4993 Ninety-day air mail buying rates: Sterling 0.5285 US dollar 1.1695 Ninety-day forward buying rates: Sterling 0.5115 US dollar 1.1330 NEW ZEALAND: Reserve Bank mMrate U551.0175 Trading Bank indications: t Sterling
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      • 192 9 STERLING yesterday held steady in quiet featureless trading and in late trading was little changed from the New York close, dealers said. It was later quoted at U552.2440/50 compared with the opening 2.2440/60 and the New York 2.2440/56 close. The US dollar was marginally stronger at 1.8283/93 marks compared
        192 words
      • 169 9 STRONG selling pressure on sterling seen from the US overnight continued at the opening here yesterday to push the pound down to U552.2355 65 from the New York close of 2.2440/55 and the rate in late Hongkong trade of 2.2440/50, dealers said. Later it eased further to $2.2328/38. The
        169 words
      • 21 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8.25 per cent.
        21 words
      • 304 9 INDUSTRIALS A Alpha 159 unch Abercom 230 •5 AC And CI 460 unch AMir 1510 >60 Barlows 501 -4 Ct Suc&r 000 45 rl| 250 unch Currte Finance m De Been Ind 162SB Edcon 350 +10 Edgars 4050B >50 Evvretdv red Voli 200 unch Puflt 125B unch Otrdlsn Gtenani
        304 words
      • 280 9 SINGAPORE gold futures yesterday closed sharply lower in moderately active trading, with its initial fall reflecting its overnight weakness in New York, dealers said. Turnover rose sharply to 458 lots from 256 on Monday with interest centred on October, December and February contracts, they said. October closed sharply easier
        280 words
    • 361 9 Reuter. THE PHILIPPINE National Bank is to get a US$75 million syndicated Eurocurrency loan over 12 years at a spread of per cent above London interbank offered rates. Lloyds Bank International said as lead manager that a six bank management group has been formed and the loan is about
      Reuter.  -  361 words
    • 522 9  -  By RUTH CHENG IT IS NOW mandatory for life insurance agents joining the industry from Jan 1, 1900, onwards to pass the basic test leading to the Life Insurance Agents Certificate. As part of the- continuing drive to upgrade the quality of the life insurance industry,
      522 words
    • 608 9 NYT. WHENEVER a market undergoes a major reversal, 'such as the one that slashed gold and silver futures prices last week a cool dispassionate view often becomes the scarcest and -most precious of commodities. So it was when the most actively traded gold futures on New York's
      NYT.  -  608 words
  • Page 9 Advertisements
    • 134 9 YEO HIAP SENG LIMITED (Incorporated in Singapore) 1 FOR 3 RIGHTS ISSUE OF 5,163,888 SHARES OF SSI.OO EACH AT 552.25 PER SHARE LAST DAY TIME FOR SPLITTING LAST DAY TIME FOR RENUNCIATION PAYMENT LAST DAY TIME FOR ACCEPTANCE PAYMENT 21 ST AUGUST 1979 AT 4 00 P.M. 14TH SEPTEMBER 1979
      134 words
    • 181 9 IT FIGURES ft SINGAPORE 93/1/79 VOL 3 NO 7 6th JUV 579 The tremendous rate of growth in the Asean region has generated a itrong demand for computers which will continue to grow in coming years. The July issue of Singapore Business takes a close look at the industry in
      181 words

  • BUSINESS DONE ON THE SES AND KLSE
    • 1576 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified i All Time Settlement Contracts are quoted after the word "sett". Big Board
      1,576 words
    • 181 10 BONDS 4 1/2% 1/8/80 (250.000) (99 108 99.205) 4 3/4% 15/9/80 (250.000) <99 238 99.335) 6 3/4% 1 '6/78-80 250.000) (*****8 100 456) 5 1/2% 1/5/79-81 (250,000) (99.908 100.006) 5 1/4% 1/3/81 (250.000) (***** 99 70S) 5% 15/4/81 (250.000) (99.158 99.258) 5% T F 1/5'83 (250,000) (*****8 *****6)
      181 words
    • 82 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. Haw Par (Sept $1.20) (0.268 0.325). Hum F E (Sept $1.60) (0.448). Inebeape (Sept
      82 words
  • 162 10 S'pore Growth Fund 1»>* 1.14 i SINGAPORE (JNIT TRUST INCOME BOND UNIT (Nm|fri' prim far Aa| [*> (Carre* t pr toes) The Commerce 2.04 2.16 Income Bond 111 US The Saving Fund 1.36 1.43 S pore Prog Fund 0.98 1.01 S pore Sec Fund 1 S3 1.73 MABA
    162 words
  • 2658 10 Gr'e Cr'a Net 1979 Last Div Div Y'ld P/E Vol Dav High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 227 -1 15.0 2.2 6.6 11.6 3 228 226 190* 123* Alcom 173 10.0 1.3 5.7 23.0 142 110 Allied
    2,658 words
  • 1568 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified INDUSTRIALS AJfeemate <2 MB) Aleaa (1.81B) (4) 1 81 (1) 1 82
    1,568 words
  • 689 10 SINGAPORE Fodder made its debut on the Stock Exchange of Singapore yesterday, with a less than expeeted premium ranging (rem 1? cents to 21 eeato, in n market which cm tinned to shew very steady trend. Fodder's preminm was not inspiring in view of the
    689 words
  • 578 10 A STEADIER trend prevailed on the Kuala Lumpur stock market yesterday and prices closed with marginal gains across a broad front. Trading, although still sluggish was slightly better and total turnover increased to 1.91 million units worth M 54.52 million as compared with 1.62 million units
    578 words

  • COMPANY NEWS
    • 742 11  -  By CATHERINE ONG PLANTATION company Keck Seng (Malaysia) reaped a bountiful harvest during the first half of the current year. This was reflected in a three-fold increase in pre-tax profits to M 54.5 million as against $1.4 million reported for the previous corresponding period.
      742 words
    • 596 11  -  By ANTHONY TAN THE management of Hotel Royal has received renewed takeover enquiries from interested parties, but the likelihood of the owners selling off the hotel now appear more unlikely than ever. This is because the outlook for the hotel is
      596 words
    • 525 11 TIMAH Langat Berhad, a subsidiary of Kumpulan Perangsang Selangor, the Malaysian state government's mining entity, has applied to the Capital Issues Committee (CIC) to have a percentage of its shares listed on the Kuala Lumpur Stock Exchange. By having the shares listed and traded
      525 words
    • 81 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year H Semb 40%<t) Jul 20 Jul 27 Aug 8 40% 20% Riverview 4%(n) Jul 26 Aug 7 Aug 15 7% 12% Sentosa ply 5%TE Jul 19 Jul 30 Aug 15 5%TE Riverview
      81 words
    • 80 11 Company Ex Date Books Close B Sf mh Bonus Issue o( 3 (or 1 V Sept 7 NSOP Bonus Issue of 3 for 2 NYA NYA Hong Leone Rights Issue of 3 for 4 «n $1.60 per share NYA NYA (a) Adjusted for scrip issue (b) First and
      80 words
    • 411 11 BANDAR Raya has released its first instalment of good news for the current year, with group pre-tax profit up 2.5 times to $2.35 million for the first half year ended June 30, 1979 against $903,431 previously. The only uncertainty at this stage,
      411 words
    • 84 11 MALAYAN CREDIT! AGM to be held in Mandarin j Court (4th floor), Mandarin Hotel, Singapore, at 12 noon on Aug 11. SPP Ltd: AGM to be held at 315, Alexandra Road, Singapore, at 10.00am on Aug 14. Treaggui Devetopmeat ■4 Management Bhd: AGM to be held at 1st
      84 words
    • 307 11 HELPED by a buoyant market for steel, Malayawata Steel achieved a sharp rise in trading profit for the year ended March 31. 1979. Consolidated group pretax profit jumped 75 per cent to M 513.11 million, presumably on higher sales brought about by increased
      307 words
    • 414 11 IKMO3 §0®8I2™» by HOCK LOCK SIEW SENTIMENT on the local stock market ruled very steady in the last several trading sessions. Since the beginning of this week, the breadth of the market has shown very positive signs of widening, although there was still little in the way
      by HOCK LOCK SIEW  -  414 words
    • 50 11 Net profit of M 51.04 million ($723 million) for the half year to June 30 on sales of $22.61 million ($16.28 million). Interim dividend was 5 per cent (6 per cent). The company expects to maintain the first half's improved performance in the second half.
      50 words
    • 32 11 Steel has reported a typing error in its results tor the year ended June 30, 1979. It said that provision for taxation should read $8,292,849 instead of $8,282,849 as reported earlier.
      32 words
    • 99 11 has reported a pre-tax profit for the six months ended June 30, 1979 of M 52.79 million as against $2.25 million for the previous period, on sales of $26.86 million compared with $25.97 million previously. The directors said that the demand for the company's products improved in the
      99 words
    • 41 11 (for- merly Kuchai Tin) has re- ported pre-tax profit for the six months ended June 30, 1979 of M 5413,836 as compared with $410,849 for the previous period on tin ore output of $3,832 piculs 4,300 piculs in 1978).
      41 words
    • 61 11 has reported pre-tax profit for the year ended Dec 31, 1978 of M 5412,331 as compared with $92,039 for the previous corresponding year. Turnover amounted to $2.83 million as against $630,830 previously. The chairman said in his annual review that the, company's properties suffered from unfavourable
      61 words
  • Page 11 Advertisements
    • 191 11 This announcement appears as a mailer of record only August 1979 OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated m the Republic of Singapore) Rights Issue of 2,728,379 Shares of Sslo each at Ss3o per Share MANAGER AND UNDERWRITER $8 Singapore International Merchant Bankers Limited The following also participated in the underwriting Singapore
      191 words

  • 244 12 MALAYSIA does not support the action of the US Seventh Fleet in picking up Vietnamese "boat people" at sea. Deputy Prime Minister Dr Mahathir Mohamad disclosed this in Kuala Lumpur yesterday after receiving a nine-member US congressional delegation. The US action will only encourage more
    244 words
  • 79 12 JAPAN and Asean are preparing to set up a joint investment fund to promote economic development in Asean nations. The scheme was announced by Mr HUetani, president of Yamaichi Securities, at the JapanAsean business council meeting in Kuala Lumpur last month. It calls for the transfer of excess
    79 words
  • 409 12  -  By WANG LOOK KEAH PAN AMERICAN World Airways is planning to raise its fares for the second time this year to accommodate escalating fuel prices. The airline is awaiting the approval of the Department of Civil Aviation for the fare increases and
    409 words
  • 147 12 THE government is planning measures to encourage young people to keep themselves physically fit at all times. Speaking at the National Day celebration of the Potong Pasir constituency, Mr Howe Yoon Chong, Minister for Defence and Member of Parliament for Potong Pasir, said the Ministry
    147 words
  • 200 12 AFP VIETNAM and the US agreed last September to normalise relations, but Washington has failed to go through with normalisation, Vietnamese Foreign Minister Nguyen Co Thach said in an interview. He told the New York Times the Carter Administration preferred announcing its recognition of China
    AFP  -  200 words
  • 143 12 LONDON, Tues. Share prices closed firmer but trading was quiet, dealers said. At 3 pm the Financial Times index was up 4.9 at 464.5. Government bonds were up to 3 8 point higher after publication of the UK banking figures which allayed fears of any immediate rise in
    143 words
  • 398 12 NO DECISION vu made by the High Ciart m whether the prosecution cmM nrnead three of the five charges against Richard Tarling when hearing renamed yesterday. Deputy Pnblle Prosecutar, Mr Taa Tesw Yeew, submitted tws letters which shewed that Mr Waterhease (causel far the
    398 words
  • 435 12  -  By GOH ENG KEE A NEW text communication service using the latest innovations in telecommunications and computer technology will be introduced by the Telecommunication Authority of Singapore (Telecoms) in 1982/83. Telecoms will also introduce a new generation of telex terminals with visual display, storage
    435 words
  • 365 12 UPI JAPAN has announced a plan to supply US$5OO million (about 551.05 billion) to Mexico through the Export-Import Bank of Japan for long-term imports of Mexican crude oil, Japanese government sources said yesterday. Mexico has been asking Japan for the same amount of money as advance payment
    UPI  -  365 words
  • 203 12 AFP THE HONGKONG government has suspended for six months granting of new bank licences. The suspension, effective yesterday, does not apply to banks whose previous applications are under consideration. Further applications will not be considered until the suspension ends. The government lifted its moratorium on new bank
    AFP  -  203 words
  • Page 12 Advertisements
    • 288 12 SRI LANKA: THE EMERGENT NEWLY INDUSTRIALISING COUNTRY Looking for Banking and Investment opportunities abroad and want to be early with them in the new Financial and Investment Centre of Asia? Then attend the Seminar on Investment in Sri Lanka to be held at the Hyatt Hotel on September 3rd and
      288 words
    • 86 12 Just pick up the phone and Emery picks up the responsibility. r\ i 1 V < 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 seriously as
      86 words
  • Page 12 Miscellaneous
    • 63 12 WEATHER Outlook for Singapore from 6 a.m. to 1 p.m. today: Isolated showers in late morning. Report (or 24 hours prior to 7.31 p.m. on August 7 at the airport. Maximum temperature 31.0 Associated humidity 75 Minimum temperature 23.0 Associated humidity 95 Hours of sunshine 8.35 Rainfall in millimetres Nil
      63 words

  • SHIPPING TIMES
    • PORTSIDES
      • 112 13 AUSTRALIAN mining giant BHP has joined the oil search in China. The company confirmed it is a partner in two "group shoots" of foreign oil companies that have been contracted to make seismic surveys in the Yellow Sea. The information also wiil be shared with the Chinese
        112 words
      • 72 13 Reuter THE India-Pakistan- Bangladesh-Middle East shipping conference said it reduced by a third the congestion surcharge at Bombay port, the Press Trust of India reports. In a notice to shippers, it reduced the surcharge to 10 per cent from 30 per cent, effective Aug 3. The conference said
        Reuter  -  72 words
      • 52 13 AFP THE Greek freighter Aktea has arrived at Nantes, west France, to load 12,000 tonnes of wheat for China, shipping sources said on Monday. The cargo is part of a 75,000-ton deal negotiated between China and France this month on behalf of the Secopa Company, of
        AFP  -  52 words
    • 828 13  -  By RAHIM KASSIM PROMET Pte Ltd. a subsidiary of Jardine Matheson (South-east Asia), will buy itself out of the group by the end of this year. Promet's managing director, Mr Brian Chang, who is very optimistic of the firm's future, said yesterday that Promet will
      828 words
    • 209 13 UPI BRISK bat miseelUaetu chartering took place aver the week-end period daring which time the auly real development was the farther weakening in the grain rate stractare far hath trans-Atlantic and Par Bast movements. A drop of IJSSI.SI was recorded when Toepfer took Dreyfns tonnage of around
      UPI  -  209 words
    • 311 13 INTERWAY Corporation of the US, the world's largest lessor of transport equipment and parent of Interway Container Service (ICS), a leading container lessor, has been renamed Transamerica Interway Inc. After 17 years as an independent entity, Interway has been acquired by Transamerica Corporation, the
      311 words
    • 1798 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by p° rt of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port
      1,798 words
    • 522 17 ShlppUg Use ACS Afea Alfred Alpac Angkutan ANL APL Arya Nat ASCL Aust.Cont Page 1 IV V IV V I ffl n m IV C*l 5 3 1 5 1 1 2 5 5 5 Bank BBS Ben Asia Ben Ben Ocean Blue Funnel n n ra m
      522 words
    • 814 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      814 words
    • 1128 18 BELGIAN shipping tycoon Tsvi Vered Rosenfeld has confounded conference lines in the keenly-competitive Europe/Australia trade, according to his agent. Mr Tom Bax-Stevens, managing director of ABC Containerline's UK agents, Johnson Stevens Agencies, says that when Mr Rosenfeld nosed into the Australia trade last year
      1,128 words
    • 138 18 DREDGING aid dumping works are being carried Mt aft the Pasir Panjang wharf nnder Phase n of the Pari of Singapore Authority's part development of the west coast. The PSA advised mariners to keep a safe distance and to proceed at the slowest speed consistent with safe
      138 words
    • 675 18 AFP, NYT A BRITISH freighter with 124 Vietnamese refugees picked up in the South China Sea will not be permitted to enter Hongkong, official sources said. The vessel is the Bank Line's 12,000-ton Rudd Bank whose captain reported that two Vietnamese children died after
      AFP,; NYT  -  675 words
    • 143 18 BARBER WILHELMSEN Agencies' marketing manager George Lee Siang Ser (left) will be making a four-week visit of EAC Linn' agents and custom era in the US and Canada this month under the line's senior marketing personnel exchange programme. During his visit he will discuss various marketing and operational
      143 words
    • 295 18 AFP AN Indonesian government has denied a statement made recently by General Dynamics in the US that Indonesia had agreed to use liquefied natural gas tankers built by the corporation for the transportation of LNG from Jakarta country to the US. Director general
      AFP  -  295 words
    • 183 18 UNITED Arab Shipping Company (UASC) has opened its own offices in the port of Doha, Qatar, a move which enables UASC to provide a unique one-company service to shippers throughout the Far East and Middle East. Mr A.G. Morrison, commercial manager in the line's Tokyo
      183 words
    • Article, Illustration
      428 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bihor (0600) 44 Banowati (1830 after Strathmore) 6/7 Christian Maersk (0600 after Phrontis) 47 Dong Bee (1800) 23/24 Golden Sea 707 (Tanker) (after Dove, subject gas free P/ O) 15/16 Hugheverett (1000 after Bunga Seroja D/L) 33/34 Nedlloyd FYemantle (1900 after Nedlloyd
      428 words
  • Page 13 Advertisements
    • 487 13 Everett Lines FOft THI MOST FIfQUKNT SAILINGS TO BANGKOK HONGKONG •JAPAN PUSAN Ev«r«tt StaaimMp Corpn. 8/A Crt'» 9^4«: 36 Smx* V'*«f Pe-xj-g to C J OC SC »*9 0 Po«» K«*ono SCXSmj# CO M 3«772* S ARDIM AM AH f Orient Overseas Co*dcu*teA Line "WPTUNE CORAL 14* CHEVAUR PAUI 17V)
      487 words
    • 236 13 til SEALORD ANTAH m UASC UNITED ARAB SHIPPING CO (SAG) GULF WEEKLY MULTI-PURPOSE SERVICES S'pore loading for 14/8 Kuwait (26/8). Dammam (29/8). Doha (31/8). Bahrain (3/9). Dubai (5/9) ji.a Mma Qaboos (5/9). Oubai (8/9). Doha (10/9). Dammam (13/9), Kuwait (16/9) 31/8 Dubai (12/9). Abu Dhabt (15/9), Bahrain (18/9). Dammam (21/9),
      236 words
    • 422 13 NOL NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE (Vl* SUEZ): S pore P ftelant Ha»re II dam f stone Hburg Br em Awerp N CORAL 14 Aug 15 Aug 31 Aug t Sep( 3 Sept 5 Stpt 6 Stpt 9 Stpl C PAW 18
      422 words
    • 1002 13 AFEA LINE REGULAR SEMI CONTAINER EXPRESS SERVICE DIRECT TO LAGOS-APAPA See Page IV Column 3 for Sailings Agf nU SINGAPORE SHIPPING AGENCIES PTE LTD MARKETING *****? GENERAL *****1 A Ms.a EURO ASIA LINE SON BHD Kl *****7-P KIA VG *****1/3 PENENG 64 781/ MAERSK LINE Foi U S P>c*c. P«c*c
      1,002 words

  • Page 14 Advertisements
    • 703 14 m Hapag-L 11 1! FULLY CONTAINERISED TO EUROPE 18 9 20 9 ?4 9 26 9 17 '9 24 9 3/10 5 10 12 10 14 10 17 10 19 10 24 10 26 10 3/11 5/11 10/11 17/11 EXPRESS CONVENTIONAL TO EUROPE Sparc PX<ian( Pen Um Genoa H'hurt Bremen
      703 words
    • 443 14 barber blue sea Barterßfcj*Sn WIV wwl From: US ATLANTIC US GULF I EAST CANADA Battmore Sep 2i INm I Oct 13 Oct a Nm Hew Orteim I Oct 2 |Nm 19 Oct It Oct 31 I Nov Oct 4 |Nm 22 Oct 19 I No* 4 I to, Next loader:
      443 words
    • 785 14 r- (7) EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTING CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP LE HAVRE ALSO ACCEPTWG CARGO FOR UNTED KHGDOM SfotHAHMON. LONDON. MANCHESTER. BIRMINGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM S'wi HaaMrf 'Mm RottorOjm Antwp It H»«rt E«or Voyager 31 M
      785 words
    • 936 14 Everett Lilies/^ Burma Five Star Shippini Corpn. "BURMESE NATIONAL LINE' LOAMNG FOR RANGOON HTM TUmM 11/12 fa« rmsMi6Y«imn 17/19 PAGAN 22/24 Aut B F S.S C Ag*m* in Moloyvo TEPS MALAYSIA Port Ketong T«l<3B>-7355 Penong T«l *****/***** 'Compania Argentina Da (Tm V Navagacton Intarcontinantal S. A. C.I. F. °|Car "ARGENTINE
      936 words
    • 757 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 IQI SANKYO LINE AUSTRALIA SERVICE P. Keiant Sntapore Loadnf far: MAT PRMCE 15/17 Aut 11/19 Aut SYD. MEL. ADEL. MAY CAW 27/21 Aut Aut STD. MEL. ADEL
      757 words

  • Page 15 Advertisements
    • 978 15 Overseas 1 B u B Containers Limited Weekly service to/from UK/Europe To UK/Continent MWt Spore PK4m( D'mart Brem Bemwii hM 27 Auf 29 Auc (Mane Mam Aut 27 Aug 29 A»* Tatyo Bay 13 At* 15 Aug 3 Sep 5 Sep Cardfcan Bit 22 toe 23 Aug 12 Sep 14
      978 words
    • 923 15 GRANARD LINE Granard Shipping Agencies |S) Pte Ltd Tel *****77 |5 Lines) Dm Trading San BhD V ■«'> kiti Shipping i Trading Enterprises AMERICAN PRESIDENT LINES STRAITS EXPRESS CONTAINER SERVICE Loadmg for New York, East Coast and Gulf ports by Wni-Landbridge Los Angeles, San Francisco and Seattle «£S. TAFT «ES.
      923 words
    • 679 15 I^-. BEN LINE CONTAINERS EXPRESS COKTWO SERVICE TO/FROM EUROPE Kevteaa Bit Car tig an Bay late Eiprtss M BURG B HAVEN 0 OAM HAVtt SO TON Germany Austria Benetui France MUK P Keiang S port far: Benatdv l«/t U/l 13/1 14/1 Nambwt lifm 22/1 23/1 2S/8 26/8 Sad* 9/S SaM
      679 words
    • 729 15 Scan Dutch 9 "j i i XVJiTC.T *.!•< i A T i>: f.'i 4-t«• >n i: i»* i«TTI 4 »?i 11 :fi: i»i i fPTfil S>" I) 10/0 io/o 21/0 20/0 vt n/i io/i 25/1 EASTBOUND from med/uk/nc/scandinavia 1) (Ttarg 7) If burg 3) I'm 4) Ada* S) Lett t)
      729 words
    • 741 15 BOUSTEAD AGENCIES THE BANK LINE LTD. LOADS FOR E. ft S. AFRICA FUOOMEN (Reunion Ma*unga Durban Ctoon PI. I Ldn) KATERMA OUCOPOUIOS (Reunion Durban Ctoam Pt Elu E London! S pore 1/4 Sep P Keiang 5 6 Sep S pore 3/6 Otl P Mang 7 9 Oct LYKES ORIENT LINE
      741 words

  • Page 16 Advertisements
    • 1057 16 L I K line KAWASAKI KISEN KAISHA. LTD FUROPE EXPRESS SERVO TO EUROPE 31 Aug 1 Sept 4 Sept 5 Sept 10 Sept 11 Sept Btemtn A wtrt '9*uB| 16 Sept 17 Sept 21 Sept 22 Sept 25 Sep ♦Sept: 22 Sept 23 Sept 27 Sept 28 Sept 1 Oct
      1,057 words
    • 876 16 U.S.A./EAST CANADA SERVICE Penang p S«*jpore E.C./CREAT LAKES SERVICE 10MME FCT TOM. MWOU MHTCH. ICMMTO. UHIMUU Penang Moan f> Mang S"i«ap Off VBHUA nr (Cak Outage) VBHVA OHMMA" »/Jl Aug 21/21% 25/27 Aug CALIFORNIA/PACIFIC NORTH WEST SERVICE Laatng far lOS ANGELES SAN FRANCISCO SEATTLE. TACOMA VANCOUVER B.C •5 0 iwni"
      876 words
    • 760 16 r r~ ly .A(iroiip SINGAPORE SHIPPING AGENCIES PTE LTD 20Tm FIOOR OCEAN BJILONG SINGAPORE MARKETING *****2 .3 LINES, GENERAL 9U'M,,4uNE TELE» RS 2459S RS 2 S SfcB A b CABSHiP> C AS L E CARGOSH licgieeal ('oiitninrr Lines WEEKLY CONTAINER SERVICE to/from BANGKOK STCH(RM) kiPt/9 li/lt Mf 22/23 Am| n/
      760 words
    • 218 16 teller IE iff UNITHAI iMTEO THAi SMPWNC CORPORAION ITO EXPRESS CONVENTIONAL SERVICE TO MD FROM UK/CONTWNT TO UR/CONTVCMT Tg Man S pore P Ketang Pen** Fat B TMUONG to Port Btona IS/t. CtaH/Loool I SMM 14 17/8 to Pott FROM UK/CONTMENT MUUri cmim cm eunu icin UNERAI AGENTS to Port
      218 words
    • 789 16 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11 *****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE NORAStA MM* NORAStA NBSO t|Mb: Snf Jport S port P. Ketang Penang loadng tar: 10 Sep 4 Sap Avon (UK) Boulogne Antwerp 25 Sap 29 Sap Avon (UK) Boulogne Antwerp
      789 words

  • Page 17 Advertisements
    • 290 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) SPORE PT KEL PENANG PT SAB ALEXANDRIA MARIEKE U Aug 28 SPHINX U Sep! 23 Sept 21 Sept 27 Oct 16 Oct 22 Subject nducemcnt I MARTRANS CARGO PLEASE CONTACT SCHENKER SINGAPORE -TEL *****11
      290 words
    • 464 17 ■II j ¥IM CELTIC BULK CARRIERS Regular Bulk Service For Timber Plywood 1 General Agents Marathon IJMed A((ncy We Ltd Spore Jet *****66 (3 ines) Sub-Agents Manifest Stappiig Services Sdn SM: KX. Tel 4<0(71 P. Keiv* Tel *****3 1 LIAN SOCN SHIPPING TRADING CO (PTE) LTD ,101 nth FIOQH CPF
      464 words
    • 353 17 &ar £lnm* RANGOON/CHITTAGONG/CHALNA SERVICE ETA ETO M.V. FIVE ISLANDS h Port TBC CONTAINER SERVICE TO AUSTRALIA ETA ETO LOADMG FOR: MM SUN EMERALD Safe! Sydney/Met>oume/Adelaide fremantte Generii Aj*«h Gulfeast Shipping Pte Ltd Suite 704/706. Ocean Building. CoHyef Quay. Singapore 1. Tel *****3 (10 Lines) I m w T¥ ORIENT LLOYD
      353 words
    • 371 17 Soon Seng Group Regular Service To Sabah P'.«C <04 KUALA lUUPU* Soon Song ShipQing SOn Bhfl (4- mp a,. 3>o'o>P> m: P(*l Kli»hO SIMGAPOM PfKANG Ifhcot'id Sf«po»>( Soo Hup Song "6i> Victor St'W Tot 04 ?'639' 2'6 1 8 CaD't SUTJl T SO UNISON SHIPPING (PTE) LTD 701 703. 7th
      371 words
    • 316 17 NOTICE 1 r m.v. "CHIDAMBARAM" VOY: lit arrived M Atgast, I*7*. M PAA. (Mm NM.lt/4i. General Survey of damaged cargo ex the above vessel will be held on Friday 10th August, 1979, as from 9.00 a.m. to 5.00 p.m. No further survey will be held after this date. R. JUMABHOY
      316 words

  • Page 18 Advertisements
    • 30 18 egular Weekly Tug-Barge service between Singapore Pulau Batam 77 Additional sartmfs arrangeable n v pii P.T. ElhonuFor Botu Am pat, ine Limited iTTd O nTt i9l offers 4 (3 lines)
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  • THE NEW INDUSTRIAL SOCIETY
    • 1509 19 THE SWEEPING changes planned for the domestic economy over the next few years and catalysed by the swingeing increase in wage costs under the latest National Wage Council recommendations will go down in history as one of the most crucial economic decisions made
      1,509 words
    • 1247 20  -  Singapore's move into a higher level of industrial technology could have benefits for Asean as a whole. QUEK PECK LIM examines the recent pace of development of the five-member group and asks whether it can now be expected to speed up. QUEK PECK LIM MORE than a
      1,247 words
    • 1399 21  -  Other countries have found that success in climbing the ladder to the top off the industrial technology tree can be easily accompanied by social stress and cultural deprivation. ANDREW YEO looks at the dangers that might lie ahead ffor Singapore. ANDREW
      1,399 words
    • 1650 22  -  By TONG TSE COMPUTERS have been with us for a long time now but they still tend to engender fear and mistrust in those who have no more than a nodding acquaintance with their function and capabilities. There is a lingering belief that they will
      1,650 words
    • 1945 24  -  Culture is not synonymous with art, least of all with science and technology. But as Singaporeans begin to feel the impact of a bet- ter standard of living, the need for something aesthetic begins to make itself felt. JOHN KOH explores the theme. JOHN KOH DISCUSSIONS
      1,945 words
    • 2151 25  -  By JOHN TAN POLITICS is a hard game to play in and the tendency is for the play to get harder the more successful the participant becomes. Consequently politicians usually adopt caution as their watchword the further up the tree they climb. This is a
      2,151 words
    • 2493 26  -  How does an economy find the funds necessary to effect a change in its attitude towards the new industrial society? ALVIN TAY examines this issue now faced by bankers and industrialists. ALVIN TAY THE Government's bold step towards high valueadded industries is a challenge
      2,493 words
    • 2102 27  -  Foreign names dominate fashion in local stores and boutiques but LINDA NEO has unearthed three people who are prepared to back their own creativity in this hotly contested field. LINDA NEO THE lights are well-con-trolled, stage-managed to spotlight the moving figures as they
      2,102 words
    • 3468 28  -  The eve o! any anniversary is a good time to cast the eye ahead at the future and to wonder at the state of things to come. Here MARGARET THOMAS looks at Singapore in the year 1985, at the
      3,468 words
    • 2714 30  -  The Japanese are a major force in the local economy but criticism of their presence has not been lacking over the years since they arrived here. FOO CHOY PENG finds that they understand the criticism levied against them and are prepared to change. But
      2,714 words
    • 1422 31  -  By MARGARET THOMAS AS SINGAPORE enters her fifteenth year of nationhood, the labour movement prepares itself for the second decade of its modernisation. It was in November 1969 that delegates at the National Trades Union Congress seminar on "The Modernisation of the Labour Movement" took the
      1,422 words
    • 1652 32  -  Foreign contractors, and particularly the Japanese, have dominated the construction and civil engineering field in Singapore for some years now. TEO TECK WENG looks at this phenomenon and describes how the weight of foreign competition is going to be redressed without any real effort being made by domestic
      1,652 words
    • 1360 33  -  FAR-REACHING SOCIAL IMPLICATIONS COLIN CHEE IT IS inevitable that the woman of the future will be more forcefully compelled to decide between a career and responsibity to home and children. That decision will be difficult to make, even painful, as the conflict sharpens between
      1,360 words
    • 2087 34  -  By GOH ENG KEE THE Telecommunication Authority of Singapore prefers to be known as Telecoms for short. It abhors being referred to as TAS not just for aesthetic reasons though it is prob- ably true that it does not appreciate being associated with three or
      2,087 words
    • 1474 35  -  Very little growth in production can take place in the world today without some marketing effort. Our society depends on the export market to prosper, and advertising can assist the process. Just how far are we from the legendary creative talents of
      1,474 words
    • 1777 36  -  A Capital market has existed in Singapore for decades during which time it has variously been described as a useful tool for raising funds or a casino for speculators and gamblers. While the entire financial and industrial structure of the island has undergone widespread change, developments at
      1,777 words
    • 2019 37  -  By FONG MEW LENG THERE are generally two opposing views of what a multinational corporation is. One is that it is an evil creature with tentacles sprawled across half the world to exploit human and material resources of developing countries. The other is that it
      2,019 words
    • 1361 38  -  Our major trading partners have been talking to QUEK PECK LIM about Singapore's new policy QUEK PECK LIM THE JAPANESE used to call it the Singapore Boom, the sharp, almost sudden attraction that the island Republic held for the many Japanese companies struggling to
      1,361 words
    • 1650 38  -  A new industrial society needs the wherewithal to make the jump from low technology to a higher level. Skills need to be upgraded. Here ONG TEONG WAN, group training manager of a US multinational, explores just how companies should approach the business of training.
      1,650 words
  • Page 19 Advertisements
    • 411 19 mm k m What role for Singapore as Asean waltzes on ~~~Page Two Keeping body and soul together under pressure Three Old myths on computers make way for careful planning ~~~Four Will there ever be a Singapore culture or will it just be for snobs? .....Six Politics, risk and the
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  • Page 20 Advertisements
    • 359 20 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 useful
      359 words

  • Page 21 Advertisements
    • 244 21 Fiat 132"2000*-' Plush interior, sleek exterior.: The new Italian idea of pleasure driving. *«rj» *3 r %r- *4i <• r\ •y t 6. > '1 V /< L i l »i r fj ~C v. t'y 4 Sharikat Fiat Distributors (Ml Sdn. Bhd., 24 Leng Kee Road Singapore 0315 Tel:
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  • Page 22 Advertisements
    • 272 22 mmm wmat/& CAN A SUPERB PRESTIGE CAR ALSO OFFER SUPERB VALUE? f FORD GRANADA 2.BGHIA At last there is a true prestige car that does more than merely look the part. Behind the classic and timeless European styling are luxury and engineering features offered only by cars that are much
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  • Page 23 Advertisements
    • 716 23 Cue and Review Only Sony Betamax Cue and Review buttons allow you to move from the PLAY mode directly into FAST FORWARD or REWIND and back into the PLAY mode without having to press STOP. Auto Program Search Every time you press RECORD, 9 cue signal is recorded oh the
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  • Page 24 Advertisements
    • 159 24 WE REJOICE WITH THE PEOPLE GOVERNMENT OF THE REPUBLIC OF SINGAPORE ON THEIR 14TH YEAR OF INDEPENDENCE w o-fe-1 V? s^ 1 t V o e ot^ c \ve ca \<e \o-^ e ft ot. \o^ a ■SJ* 0 ,\JS^ 4 s fes2ssss ra ssss' tide. aU to ucb»' inee
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  • Page 25 Advertisements
    • 277 25 V A TRULY HAPPY PERSON IS A HEALTHY PERSON The good reason why so many modern families depend upon the DeWitt s Group of Products. ,s\\W 1///V>_ De Witt's \\snv liIMiIM'IIHJ ,w\\\ I I///s, De Witt's y ////i\\w v 1 M CHEWY FLAVOURED BRONCHITIS SORETHROAT WORM I SWIIf For relief
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  • Page 26 Advertisements
    • 182 26 DATSUNI6OB The newcomer with a great flair for style Sharp lines. Soft curves. They add up to the stately appearance of the new Datsun 1608. It's a flair for style everyone with good taste will appreciate. Its sparkling performance will please you even more. You're assured of a smooth silent
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  • Page 27 Advertisements
    • 118 27 Jens Munk Jens Munk has brought his unique collection of furnishings, and commercial and residential design expertise, to Singapore. Furniture, in outstanding contemporary designs, features exotic natural and organic inlays. Coral and smoked mirror eradle wafer thin parings of black jade. Polished brass Here with a total new look and
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  • Page 29 Advertisements
    • 249 29 atch the world and NASA have learned to trust. -VS •M > fr f. f v» t, NASA never takes chances. Safety comes first. In 1962, NASA subjected the top chronographs of the day to the toughest possible testing. Only Omega's Speedmaster Professional passed the tests. It initially emerged on
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  • Page 30 Advertisements
    • 43 30 If you know anything about air cargo,you know it can be a jungle out there. Not to worry. Vlake friends with aTigcr. The worlds leading airfreight airline. Call *****21 or contact your local LATA cargo agent. Flying Tigers is a Tiger International Company.
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  • Page 31 Advertisements
    • 113 31 Mercedes-Ben/. Legendary symbol of man's achievement of the finest automobile engineering design of today. More than any other name. Mercedes-Ben/ has been recognized worldwide as the leading force in developing more safety features, outstanding engineering ideas and dynamic new trends in automotive designs. Until the day when the world has
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  • Page 32 Advertisements
    • 150 32 0 'Mi/ iu <* JM9 U VI *M IPCT r^ M CI DAIHATSU DELTK SIMPLE. HIGHEST RESALE VALUE Well-known among all Daihatsu owners because of its proven track record. RELIABLE MOST ECONOMICAL with Powerful 2,530 c.c. and 3,000 c.c. Daihatsu Diesel Engines. Back-up Service and Spare Parts are readily available
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  • Page 33 Advertisements
    • 112 33 The Mercedes-Ben/ owner feels comfortable and secure whether he is travelling during the day or night. A feeling that is familiar all over the world. Because Mercedes-Ben? is a very special breed of car. It's regarded as the first and certainly the safest car on any road. At any time.
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  • Page 34 Advertisements
    • 502 34 When you have responsibilities to carry, carry them in a Samsonite. Samsonite designs attaches for people who carry a lot of responsibilities. Incomparable in organization, distinctive in appearance, they come with functional features that keep even the busiest executive's papers in order. Omega" 9 and Classic range Everything attaches should
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  • Page 35 Advertisements
    • 60 35 The very best from Sime Darby Sales BECKs Bier m COGNAC CAMUS twinings PHILCO TEA HOUSEHOLD APPLIANCES By®? Dewar's White Label pokka CANNED DRINKS Fried land chimes CHIVERS JAMS PRESERVES SOURCE V Huntley Palmers K BISCUITS SUGAR CONFECTIONERY Sime Darbv GREAT PEPPERMINT CURE Sime Darby Sales 9th Floor, Sin Chew
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  • Page 36 Advertisements
    • 236 36 •<*- im y TO TEST DRIVE BMW IS BUT MINUTES AWAY FROM OWNING ONI 71**% n 1 BMW Experience the incredible handling, the technical superiority of the unbeatable BMW machine. All it takes is a test drive. The transmission manual or automatic meshes smoothly into gear, unleashing the powerful, responsive
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  • Page 37 Advertisements
    • 234 37 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 If you're involved
      234 words
    • 217 37 Success in today's world of business calls for a constructive approach to financing, a sound knowledge of the available markets, and original ideas. These are the strategic qualities that Wardley can provide throughout Asia. Wardley Limited, backed by the resources and experience of The Hongkong Bank Group, can offer financial
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  • Page 38 Advertisements
    • 292 38 FOR A CLEANER ENVIRONMENT ELPHANT VAC -TRASH COLLECTOR. VACUUM AWAY YOUR UTTER problem for Immaculate surroundings NOW. QUICKLY-EFFICIENTLY-SAFELY-ECONOMICAUY J COLLEGE CAMPUSES —AIRPORTS INDUSTRIAL COMPLEXES SIDEWALKS GOLF COURSES L OUTDOOR THEATRES I AMUSEMENT PARKS M 1A OFFERS YOU 12 WAYS TO SAVE TIME AND MONEY. 1. Thoroughly Field Tested World wide
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    • 2 38 Majulah Singapura
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