The Business Times, 21 August 1979
1979-08-21
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The Business Times
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Title Section10 1979-08-21 1 BUSINESS TIMES M.C.(P) No. 14C/1/79 TUESDAY, AUGUST 21,1979 50 CENTS10 words
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BRIEFLY...
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Article90 1979-08-21 1 AP LONDON, Mon. A big boost in North Sea oil production helped Shell UK turn a £22 million (about *****.6 million) loss in the first six months of last year into a £122 million profit for the corresponding period this year, the company announced today. Shell's own NorthAP - 90 words
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Article71 1979-08-21 1 AP BANGKOK, Mon. The Thai government today instructed governors of all provinces housing Indochinese refugees to identify refugees of Chinese origin who wish to be resettled in China, a spokesman for the Interior Ministry said. The instruction was issued after Chinese authorities notified the Thai government that theyAP - 71 words
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Article67 1979-08-21 1 UPI. BEIJING, Mon. American wheat sales to China in the 1979-80 crop year (from June 1) may decline from 2.7 million tonnes sold in the previous crop year, diplomatic sources here said. The forecast was based on the fact that China has had two good wheat harvests inUPI. - 67 words
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Article64 1979-08-21 1 Reuter. BEIJING, Mon. Chinese specialists have decided that the country's Great Wall covers 50,000 kilometres, the New China News Agency said today. Studies of historical records and investigations showed this to be the length of the Wall if all its sections are counted. In some places thereReuter. - 64 words
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Article58 1979-08-21 1 Reuter. TOKYO, Mon. Japan has agreed to give a 5.14 billion yen (about Ssso million) loan to Egypt to help finance a telephone network improvement project in the Suez Canal area, the Japanese Foreign Ministry announced today. Official notes on the yen loan agreement was exchanged inReuter. - 58 words
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Article51 1979-08-21 1 AP. MANILA, Mon. A special team will study the possibility of integrating the operations of the five petroleum companies in the Philippines, reports said today. The Philippine News Agency (PNA) said the move is meant to minimise the need for increasing the prices of petroleum products.AP. - 51 words
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Article56 1979-08-21 1 UPI. NEW YORK, Mon. The stock market drifted lower early today in moderately active trading. The Dow Jones Industrial average, a 16.30point winner last week, was off 2.30 points to 881.05 after the first hour of trading. Declines led advances, 565 to 479, among the 1,518 issues crossingUPI. - 56 words
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Article130 1979-08-21 1 Rises Indices G E Life Aokam Malakoff Acma Straits Trading N S O P M Glass U M W Sin Heng Chan Kramat Dunlop Ind 900 364 306 241 680 575 222 212 188 492 454 50 8 6 6 5 5 4 4 3 2 2130 words
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Article, Illustration164 1979-08-21 1 Rises Indices Int Wood C. Sugars S. Dredge F and N Magnum Rothmans Dutch Baby Oriental 175 270 460 570 420 476 194 324 4-30 11 10 10 +8 8 7 +6 B.T.Index: Industrials Finance: Hotels: Properties: Tins: rubbers: Aug 17 Aug 20 3506.03 3496.61 435.85 433.93 623.62164 words
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Article882 1979-08-21 1 LINDA TAN - SCHOOL FOR OPERATORS By LINDA TAN THE SINGAPORE subsidiary of one of the largest integrated furniture manufacturers in the world, Hong Kong Teakwood Works (S) Pte Ltd, is currently undertaking a major scheme to retrain workers and give them more leisure time on weekends. Teaksing,882 words
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Article192 1979-08-21 1 ADVERTISEMENTS may soon be seen on NTUC Comfort mini-buses. Sources said the NTUC Comfort cooperative will seek the approval of the Registrar of Vehicles (ROV) for the placing of advertisements at the back of their mini-buses. This move is to ensure that all Comfort operators are treated fairly192 words
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Article746 1979-08-21 1 INCOME, the insurance cooperative of the National Trades Union Congress (NTUC), has embarked on a comprehensive computerisation programme that will lead to the first on-line life insurance system in Singapore. Putting $350,000 in a Hewlett-Packard computer is a sizable investment for Income, said Mr Tan746 words
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270 1979-08-21 1 THE aatloaal trading company, Intraco, with its ado till*ting set ef interim results, headed a mixed hag at companies' results released yesterday. The graap re parted a prafil before tax aid minority Interest of $3.M million far the six months to Jaae against $1M270 words
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Article384 1979-08-21 1 MORE banks have raised their prime lending rates (PLR) by a quarter point following the Development Bank of Singapore's (DBS) increase to 8.5 per cent yesterday. Singapore's average best lending rate has thus been brought almost a point higher, near the 8.5-per cent level.384 words
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Article116 1979-08-21 1 ACMA Electrical Industries has entered into a joint venture arrangement with Indonesians and Singaporeans to manufacture and assemble refrigerators and room airconditioners. The joint venture, which is' expected to be operational by the first half of 1960, will have its equity split 50-50 between two groups, one an116 words
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Page 1 Advertisements
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Advertisement6 1979-08-21 1 MONTHLY CONTESTS BETTER CHANCES VALUABLE FRIZES!6 words
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Advertisement245 1979-08-21 1 ifiS? McCarthy Information Services (UK) We invite the Singapore business community to subscribe to the UK-based McCarthy Information Services at the same price as British subscribers receive these weekly services in the United Kingdom. This has been made possible because the services are air-freighted to Singapore in bulk and distributed245 words
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Advertisement67 1979-08-21 1 mm SHIPPING TIMES CHARAN quite after U days in PLANS ta extend banking hours s STOCK market repert M H* Pri«* HOW te assess an investment challenged 5 trust 11 CARVING sut a new rice bawl.. I SBS raises bus (ares trm SepEUROPE went share US wees. 7 tember 1267 words
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Advertisement177 1979-08-21 1 |GZS3> Plain paper copiers Preferred by offices worldwide CALL *****5. Hywy Private Limited Wywy House i 7 Leng Kee Road BmW Singapore 0315 Leader...Page I The World's No.l "Golf-ball" Typewriter Unmistakably so. You will find only the most advanced features in the Adler SEIOOO CD, the single-element typewriter that*s the177 words
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TRADE AND INDUSTRY
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Article453 1979-08-21 2 COURSES AND TALKS April 30-Aug 24: Tuition Courses for the Australian Insurance Institute Associateship, sitc, srrc Aug 13-27: Managing People At Work, NPB Town Training Centre, NPB Aug 22-23: How to Identify and Develop Management Potential in Your Organisation, Hyatt Hotel, NPB Aug 27-29: Workshop on Coastal Geomorphology,453 words
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151 1979-08-21 2 THE KOREA Trade Centre here will be organising two delegations, each consisting of 15 to 17 Singapore traders and businessmen, to the Seoul trade fair, Autumn 79. The fair, which was first held in Seoul in 1975, will be held at the new151 words
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469 1979-08-21 2 SINGAPORE'S only typewriter manufacturer. Corona Manufacturers, will invest $5.9 million to improve factory operations and expand production by 25 per cent. The expansion will bring the company's investment in Singapore to $30 million. Mr John Kahler, Corona's managing director, said the expansion project is a469 words
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Article, Illustration149 1979-08-21 2 MB RINZO Ohnuki, 44. has been appointed the new managing director of Shiseido Singapore. He took-over from Mr Sadao Abe who has left for the United States to assume a new appointment with Shiseido America. Mr Ohnuki was formerly with Shiseido's international operations division in Tokyo. He149 words
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211 1979-08-21 2 A COUNTER for delegates has been set up at Paya Lebar Airport by the Singapore Convention Bureau in its latest effort to improve services for conventions and exhibitions. This new facility is aimed at easing congestion and confusion expected with large groups of delegates arriving211 words
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Article124 1979-08-21 2 THE DIPLOMA in Management Studies Alumni will organise a one-day seminar on Challenges to Business Careers in the 80s for 450 junior college/Pre-U students on Tuesday, 4 Sept, 1979, at the DBS Auditorium from 9.00 am to 4.15 pm. The seminar aims at giving the students an124 words
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371 1979-08-21 2 A DROP in the value of pig production last year led to a fall in the value of Singapore's agricultural and fishery production. Last year, the value of agricultural and fishery production amounted to $516.25 million, a fall of 4.5 per cent compared with the371 words
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Article172 1979-08-21 2 CONSULASIA, management consultants, in cooperation with AMR International, will be organising three management seminars at the Hilton Hotel. The first seminar, "Capital Investment, Decision Making and Budgeting," will be conducted on Oct 8-9 by Mr Tom Hopkins, principal of Vail Consultancy, a business consulting firm in Colorado. The172 words
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INDUSTRIAL SERVICES
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Article, Illustration480 1979-08-21 2 A WIDE range of process control valves under the DeZurik brand will be displayed at the Industrial Process Controls Exhibition to be held at the end of this month. A trans-national company based in Minnesota, USA and established in 1925, DeZurik began primarily as480 words
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Article236 1979-08-21 2 THE SINGAPORE Institute of Standards and Industrial Research (Sisir) has been appointed the official inspection and testing agency for International Wool Secretariat (IWS) in Singapore and Malaysia. This adds to Sisir's list of appointments by overseas associations as export inspection/surveillance agent. The agreement on the236 words
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410 1979-08-21 2 WANG LOOK KEAH - By WANG LOOK KEAH ABOUT 40 British companies will take part in the second South-east Asian Production Machinery and Engineering Equipment Show (Machine Asia) to be held in Singapore from Oct 15 to 19. British exporters of machinery and production equipment are aware410 words
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Page 2 Advertisements
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Advertisement124 1979-08-21 2 We supply the following black and galvanised pipes (1) *****7 A, B& C Nominal pipe sizeVfr" 2" (2) Furniture W (12.7 mm) 2W' (63.5 mm) (3) Square section W (12.7 mm) x W (12.7 mm) to 2" (50.8 mm) x 2" (50.8 mm) (4) Rectangular Section 3M" (9.525 mm) x124 words
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Advertisement53 1979-08-21 2 fACTO*V *EMXS£*TATIVf FO* SOUTH tAS7 AS>* SITHL(S.E.A.)PTE LTD 136, Bukit Timah Road, Singapore 9. To): *****00 Cable: "STIHLSEA" Telex: RS ***** TO ADVERTISE VOI R INDUSTRIAL PR( )[)I'CTS AND SERVICES T<) M< )RE THAN 30,000 RLSINESS TIMKS READERS. THIS SHACK WILL O)ST ONLY SSHL(K). I'LEASE C(INTACT: TOMM\ LEE I EL:53 words
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REGIONAL
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646 1979-08-21 3 Agencies A 16-member mission of Chinese economic officials arrived in Tokyo yesterday for a five-week visit to discuss corporate management at the country's major industrial companies. The group was led by China's State Economic Commission Vice-Minister Ma Yi (Ma I). It comprises economic andAgencies - 646 words
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Article269 1979-08-21 3 UPI. CHINA'S huge population and weak economy has forced officials to continue sending high school students out to the country to work. However, beginning this year the students' status in the farms will be vastly increased. A Chinese education official said at the opening of a conference onUPI. - 269 words
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312 1979-08-21 3 AFP THE Indonesiaa government yesterday appeared to be upset ever charges made by a leading lidwwln Member d Parliament that corruption had Uttea the National Plaaaiag Baard (Bapenas), the highest authoritative state hndy which has the flaai say In the approval of projectsAFP - 312 words
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Article, Illustration331 1979-08-21 3 Reuter. INDIAN Premier Charan Singh resigned yesterday after only 24 days in power and was asked by President Sanjiva Reddy to continue in offioe as a caretaker prime minister. The President gave no immediate indication whether he will call on opposition leader Jagjivan RamReuter. - 331 words
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Article394 1979-08-21 3 AFP FORMER Kampuchea!) leader Prince Norodom Sihanouk has protested against his "ostracism" by France and has declared that any future Kampuchea n government-in-exile will be set up in Pyongyang, where he now lives. In an interview with the leftwing Paris daily Liberation, telegraphed fromAFP - 394 words
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275 1979-08-21 3 AFP THE Jakarta newspaper Merdeka yesterday challenged President Suharto's remark that the foreign loans Indonesia is receiving would not burden the people. In a strong editorial, the paper, run by former Information Minister B M Diah, said there were surely some moralAFP - 275 words
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Article258 1979-08-21 3 AFP A US$2O-million fishery development project for Burma has been put together by the London-based Dashwood Finance Company (DFC) Ltd. Yesterday in Hongkong, Dashwood chairman Sirdar Aly Aziz said the agreement for the project was signed between Dashwood, Burmese People's Pearl and Fishery Corporation and theAFP - 258 words
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349 1979-08-21 3 UPI CHINA informed the United States and Japan of its plan to attack Vietnam in February and was warned the punitive action was too risky, Chinese Vice Premier Deng Xiaoping was quoted on Sunday in a Manila magazine. Mr Deng's accountUPI - 349 words
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Briefly ....the region
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Article375 1979-08-21 3 JAPAN and Thailand will hold ministerial-level trade talks in Tokyo probably on Aug 29 to discuss ways of rectifying the trade imbalance which is in Japan's favour, Japanese Foreign Ministry officials said. Japan's trade surplus with Thailand last year stood at US$6BO million (551.46 billion), with exports to375 words
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Article296 1979-08-21 3 AFP VIETNAMESE authorities are still extorting passage money from the countrymen seeking new life elsewhere but the exodus continues unabated, newly arrived refugees said in Hongkong. Some 20 Vietnamese on board a rickety, 4.5-metre motor boat reached Macau on Sunday and told officials that the HanoiAFP - 296 words
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Page 3 Advertisements
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Advertisement86 1979-08-21 3 IBM FOCUSES ON YOUR BUSINESS NEEDS... Efivecv work more efficiently h it has a built-in correcting J feature which can help lift r off mistakes instantly and help yield maximum typing productivity. 1 The Selectric also help deliver letter-perfect images from a full range of easily inter-changeable typefaces for varied86 words
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Advertisement99 1979-08-21 3 \bu don't have to go to China to taste TSINGTAO BEER st The rich, smooth taste of Tsingtao beer is sure quenching the thirst of a lot of people these days. And the reason is sober enough Tsingtao is brewed from the clear mineral waters of Mt Laoshan together with99 words
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RAW MATERIALS
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813 1979-08-21 4 TRADERS of copper futures in the United States have long been inured to illogical market behaviour. But last week's price moves on New York's commodity exchange left many of them, particularly those holding short positions, even more perplexed than usual. The summer is813 words
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160 1979-08-21 4 Reuter THE UNITED States and Japan have concluded a new bilateral agreement on Japanese cotton, wool and man-made fibre textile exports to the US. The Japanese Foreign Ministry yesterday said the new agreement replaces the previous arrangement that expired at the end ofReuter - 160 words
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Article247 1979-08-21 4 THE MARKET closed slightly lower yesterday with September One RSS buyers quoted at 278.50 cents per kilo, down 2.5 cents from last Friday's close, dealers said. Morning prices were marked down about 1.75 cents on upcountry and local stale bull liquidation coupled with lack of buying support, they said.247 words
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Article314 1979-08-21 4 R.AJS. prices In cents per kilo yesterday: Noon (per Ulo) Buyers Sellers Int. I R.S.S. prompt f.o.b. 280.75 281.75N Int. 1 R.S.S. September 279.25 279.75 Int. 1 R.S.S. October 279.50 280.00 Int. 2 R.S.S. 273-25 274.25N UK/Coot 272.® 273.25N Int. 3 R.S.S. 270.25 271.25N UK Coot 289.25 270.25N314 words
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Article112 1979-08-21 4 NOON SSRu RAS >d SMR r '""""'"se steer her October (CiiiaM Mtk) (Forward Mtk) SSR 20 Bayer* Seller* Bayer* Seller* (1 ton pallet) 268 OON 270 OON 268 00 270.OON SSR SO (1 ton pallet) 265.00 267 OON 265.00 267 OON MRELB SMRCV (1-ton pallat) ***** *****N112 words
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Article311 1979-08-21 4 COMMODITY traders on the Singapore produce market yesterday reported a day of quiet trading with prices mostly unchanged. The tone was generally easier following last week's light trading. Traders commented that the first day of the week in commodity trading has always been featureless and yesterday was no311 words
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Article153 1979-08-21 4 THE SUGAR futures market was quiet yesterday with no trades registered, dealers said. September was unchanged at 8.85/90 US cents, while October closed at 9.15/20 against Friday's 9.20/25 close and July at 10.95/11.00 against 11.00/05 last Friday. T*Ul Sales: Nil (prev same). The cotton market closed easier with153 words
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Article192 1979-08-21 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) CMm yara: China Blue Phoenix 20b 2.275 32s 2.800. 40* 3.020 (per bale of 400 lbs). Piece cm*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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Article71 1979-08-21 4 C.I.F. North European ports, In US dollars per ton unless otherwise stated. LONDON: Friday Previous Malaysian 5% ffa bulk per tonne October 647pd 650slr November 847pd 645pd Sumatra 5% ffa bulk August 665slr 665pd September 662' islr/660pd 660slr October 660s lr 657". sir November unch 657 W sir71 words
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Article72 1979-08-21 4 THE STRAITS tla price la Peaaag dropped Ms 4 per pleal to Mfl,BK, dealers said. Generally, isadltlsaii raled easier dae to lack of strong support tram all traders mad slightly larger sappUes at tla ares tram misers ever the weekead, they said. The steadier elssiag is Lsadsa last72 words
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Article31 1979-08-21 4 Rubber Aug 20 Singapore: September 278.50 cents (down 2.50 cents) Malaysia: September: 278.50 cents (down 2.50 cents) Tin: M 51,896 (down $4) Official offering: 180 tonnes (up 4 tonnes)31 words
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Article329 1979-08-21 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.96. 100 per cent second class 0 85, 100 per cent third class 0.80, 25 per cent new crop no stock. B-10 per cent 0.70. THAI BROKEN: A-super 0.62. Special329 words
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Article667 1979-08-21 4 COPPER: Copper wire bars yesterday gained £8.5 for cash and £7.5 for threemonths. Trade sources said the movement was touched off by short-covering prompted by the steady close at New York on Friday and the easier trend in sterling against the US dollar. The larger-than-expected fall in London667 words
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ASIAN STOCKS
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Article516 1979-08-21 4 TOKYO Source: DBS-Daiwa THE market was extremely inactive due to the continuing "summer-holiday mood". Turnover was light with an estimated 160 million shares changing hands, the lowest figure in the two months since June 18 when volume stood at 150 million shares. Most investors remained on the sidelines.Source: DBS-Daiwa - 516 words
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Article248 1979-08-21 4 AUG 20 Cents INDUSTRIALS A C. I. A N I. A P M Ampol Pet B H P Bank NSW Boral BramJMes C B A C S R Coal Allied Dunlop Ex Ind Herald Hooker I. C I. Lend Lease Myer News Lid Oakbridge Pioneer Con Repco Rolhmam Swan248 words
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Article120 1979-08-21 4 THE MARKET closed mixed yesterday, with mining averages posting gains while commercials and oils declined, dealers said. AUG 20 Pesos Acoje Mining -0076 -0 0002 Atlas Con A Alias Con B 1940 -«.l Bafuio Gold ooe unch Brn|wt Con B BF Goodrich 2U0 1750 -01 -41 CDCP U SO120 words
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Article341 1979-08-21 4 Source: San Hong Kai THE market collapsed yesterday following the larger-than-expected prime rate increase inducing local speculators to dump their holdings and retreat from the market. Deposit rates now exceeding the inflation rate seemed very attractive to margin account holders. Minor rally attempts were seen and although prices closedSource: San Hong Kai - 341 words
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Article238 1979-08-21 4 AUG 20 Bah is Asia credit SB unch Asia Fibre 195 -2 Ayulhaya Inv And Trust Bangkok Investment Bangkok Bank 352 -2 Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban MO -2 Bangkok Nylon Bank Of Asia 187 -2 Bank Of Ayudhaya Ltd 230 -2 Bum 703 -4238 words
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Page 4 Advertisements
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Advertisement90 1979-08-21 4 When youVe got problems with your office, AMB can help. Talk to AMB about leasing your new PABX system, computer, accounting machine, air conditioning unit or furniture and fittings. v v, i■ 4==r fr. 1 f? AV 8 \l I I J*— -ai.l K-H-i f TPm Fi■ -CSS: \y- L90 words
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Advertisement226 1979-08-21 4 zwy COURAGE CONFIDENCE LEADERSHIP QALt CANMICIi 10 wajrs Ifee Me Caraegie Cmtk fedpi mi ud vmm: E D t-m MM M«n Camagia training. Each yaar, mora and mora IttdinQ buiintu and industrial hrmi throughout tha world ara aponaoring thair promiaing man and woman through thta mtarnationai continuing aducation couraa to226 words
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OVERSEAS
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Article763 1979-08-21 5 ARRIVALS Service Local Operator Number Time From GIA GA908 1100 MES PAL PR501 1135 MNL RBA BI423 1200 BWN GIA GA982 1230 HLP SIA SQ240 1210 MES SLA SQ201 1245 HLP MAS MH684 1245 KCH THAI TG413 1310 BKK SIA SQI 1155 SFO HNL GUM HKG CPA763 words
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194 1979-08-21 5 AFP. THE debt of developing countries is unlikely to continue rising as fast as in the past, but they need "continued growth in exchange earnings and international financing" to solve development problems, World Bank president Robert McNamara said on Sunday. "Both willAFP. - 194 words
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Article74 1979-08-21 5 REJECTING outright an appeal for a cease-fire and expressing pessimism about a forthcoming peace conference, two Rhodesian guerilla leaders met on Sunday on joint approach to the latest peace initiative. Mr Robert Mugabe and Joshua Nkomo met at a secret hideaway, first to thrash out their own74 words
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641 1979-08-21 5 NYT A HIGHLY unusual lawsuit that challenges the right of the Organisation of Petroleum Exporting Countries to fix oil prices went before the Federal District Court in Los Angeles yesterday, with the oil industry, the Carter Administration and the legal community intensely interested in theNYT - 641 words
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Article232 1979-08-21 5 NYT. THE United States will give "serious consideration" to dropping its proposal to sponsor a moderate Security Council resolution on Palestinian rights because of the lack of support in Israel and Egypt. Disclosing this at the end of a three-day mission to Egypt and Israel,NYT. - 232 words
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Article109 1979-08-21 5 UPI. PANAMANIAN leader General Omar Torrijos has warned that if the United States does not turn over the Panama Canal zone on Oct 1 as scheduled, Panama would have the legal right to take over the area. The US Senate ratified the treaty providing for the turnoverUPI. - 109 words
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293 1979-08-21 5 UPI. THE Iranian army was reported to be in full control of the situation in the troubled West Iranian cities of Paveh and Sanandaj but leave for the armed forces was cancelled and the government urged retired men and cadets to sign up forUPI. - 293 words
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WORLD IN BRIEF
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Article401 1979-08-21 5 MOROCCO is hoping for an accommodation with Algeria over the Western Sahara where it has been fighting a bitter four-year war against guerillas backed by Algeria and Libya, senior Moroccan officials said. The officials were commenting on remarks by Morocco's King Hassan at a rare press conference on401 words
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Page 5 Advertisements
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Advertisement304 1979-08-21 5 APOSB housing loan can help you save more, earn more You can now pay less interest on your housing loan simply by saving more and, of course, earning more interest on your savings. If that sounds contrary to what the market offers, take a look at our Housing Loan Savings304 words
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Article423 1979-08-21 6 LEADERS of more than 90 nations gather in Havana next month for the sixth summit conference of the non-aligned states. The question which will be posed with increasing frequency over the next two weeks is "Does the nonaligned movement have a future?" Whatever strength the movement423 words
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277 1979-08-21 6 IT MIGHT be appropriate at this time to question the way banks have been raising their prime lending rates. Rates should not be allowed to rise so fast and so often as in the first months of the year. Strictly speaking, there is very little277 words
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Article, Illustration567 1979-08-21 6 LONGRIT BOONMARK - A tall, tough-rooted plant which can yield rich harvests while beating off the sudden onrush of floodwaters. This may be the answer to the perennially flooded rice plains in Asia, according to researchers in the Philippines. LONGRIT BOONMARK. reports. LONGRIT BOONMARK. Depthnews Special ASIA'SDepthnews Special - 567 words
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1006 1979-08-21 6 PATRICK COCKBURN - The recent attempted coup in Iraq has sent shock waves through the West. For this largely ignored one party state is seen now by oil consumers as their "insurance policy," reports PATRICK COCKBURN. PATRICK COCKBURN. FT COULD Iraq follow Iran down theFT - 1,006 words
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Page 6 Advertisements
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Advertisement95 1979-08-21 6 At last, reach the big spenders Leisure Times is right on target For as little as $15, you can reach the swankiest, the best dressed, the most affluent crowd in town with Leisure Times. As a regular Saturday feature of Business Times. Leisure Times reaches 29,000 people in Singapore's top95 words
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Page 6 Miscellaneous
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Miscellaneous1392 1979-08-21 6 Pow-wows with Injuns INJUNS!! TV lajaas will be coming Uaight. Yea will have to have a pew-wow with thMe members af yaw biuebiH wba like mudcal variety shews to decide whether the TV set shaold be taaed to Chaaael 5 at B.M far Pasparama ar whether Chaaael 8 shoald have1,392 words
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Article, Illustration1695 1979-08-21 7 JOHN GEDDES - EFFECTS OF OIL SHOCK By JOHN GEDDES NYT ONCE again this summer, American tourists are flooding Europe, bringing with them a 1979 assortment of fads to be adopted by the Continentals satin gym shorts, jogging outfits, roller skates. The only thing they don't seem toNYT - 1,695 words
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Article1005 1979-08-21 7 DAVID CHURCHILL - How many shepherds are there in a shepherds pie? How much fish is there in a fish finger? Questions like these are interesting to consumers and Common Market food manufacturers will shortly have to start answering them, reports DAVID CHURCHILL. DAVID CHURCHILL. FTFT - 1,005 words
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645 1979-08-21 7 Jon Fedler - FORUM ...with Jon Fedler FT WHILE South Africa expands the world's only oil-from-coal plant at Sasolburg, and President Carter pledges the massive development of "synthetic fuel" (fuel from crops, coal, tar sands and share) Europe is also quietly preparing a costly andFT - 645 words
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Page 7 Advertisements
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Advertisement173 1979-08-21 7 m 2 t »v. V*l „...^B%^- tr P r THE SKILLED TRADESMEN THATASIA NEDS ARE READY TO HY OUT NOW. All the skills that are needed in Asia, are ready and waiting to fly out from Australia. Skilled Engineering can supply a single specialist or 500 fufty qualified tradesmen. They're173 words
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Page 7 Miscellaneous
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Miscellaneous13 1979-08-21 7 BriStoW: Fiank Di cken£ 11 good-oh. > P0 FoR To D{2in»C \k\ mm 213 words
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INTERNATIONAL STOCKS
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Article460 1979-08-21 8 Reuter. SALES at the Dutch electronics group, NV Philips Gloeilampenfabrieken, grew at a slower rate than expected in the first half of this year. The 2 per cent rise in sales in the first half of the current year, compared with the 7 per centReuter. - 460 words
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230 1979-08-21 8 Reuter. INDONESIAN oil and gas production provided a particularly strong contribution in the first six months for Ultramar Co Ltd. The company said it expects to continue to show good financial results in the second half ending Dec 31, though first half results reflectedReuter. - 230 words
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Article145 1979-08-21 8 MITSI 1 Co and Mitsui Mining Overseas Co of Japan have reached basic agreement with the Shell Company of Australia and Thiess Brothers far the acquisition of a 5 per cent Interest in their Drayton coal project In Australia. The Kyodo News Service said145 words
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292 1979-08-21 8 Reuter STATE-OWNED British Airways faces problems meeting its targets for the year ending March 31 in view of the fuel price increases and the appreciation of sterling in the four months since the 1979 80 budget was set. Chief executive Roy Watts said inReuter - 292 words
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Article307 1979-08-21 8 INCHCAPE and Co Ltd predicts pre-tax profits this financial year equal to that achieved in the years 1977 78. The prediction made in chairman, the Earl of Inchcape's report to shareholders, comes despite the group's reporting of a halving of profits and earnings per share attributable307 words
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353 1979-08-21 8 NYT. A FEDERAL judge ruled last Friday that a merger of the Exxon Corporation and the Reliance ElectricCompany could proceed only if Exxon would refrain from using Reliance to market a new motor during a court review of antitrust implications of the merger.NYT. - 353 words
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Page 8 Advertisements
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Advertisement553 1979-08-21 8 See Page 4 for Asian stocks Where to wine, dine and entertain ———hi Bands in attendance The am) Constellation Singer Rahimah Rahtm At lon Bar Ground Floor, AooMo Hotel Apoflo Singapore 405. HaveWcK Road Singapore 0316 Tel. *****1 For sushi. For teppanyaki. For other authentically Japanese delights. Open daily 12553 words
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Advertisement86 1979-08-21 8 J. 4 t* Merlin's New Tavern Bar It s totally new. Painstakingly furbished to create just the riqht ambience for vou to unwind after a hard day s work, before dinner, or to round off a perfect evening. Enioy happier happy hours from 5.00 pm to 7 00 pm. We86 words
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BANKING AND FINANCE
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Article653 1979-08-21 9 Alan Lerner - Alan Lerner The writer, Alan Lerner, is a senior vice president and money market economist with Bankers Trust. NEWLY appointed Federal Reserve Boad chairman Mr Paul Volcker took an important step in solidifying his reputation as a strong dollar, anti-inflation proponent by presiding over a decision to653 words
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MONEY AND EXCHANGE$
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Article179 1979-08-21 9 Asian rates ASIAN currency deposit interbank rates as at close on Aug 20: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US DoIlar*(Spot) Offer Bid 115/16 113/16 117/16 115/16 ll't 11'2 11% 11% 11 11/*****/16 115/16 113/16 115/16 113/16 SwAi. Dma. (Middle Price*) 1179 words
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Article21 1979-08-21 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 8.5 per cent.21 words
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Article50 1979-08-21 9 RANGE of prices offered by discount houses on Aug 20: Overnight S'/it Call deposits tfZ i''i% Closing Buying Selling 3 month Treasury bills 5'i 5*« 3 month Bank bills 8 V, 8'/. 3 month CD 8 1/16 7 15/16 6 month CD 83/16 81/16 Source: National Discount Co Ltd.50 words
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Article56 1979-08-21 9 AUSTRALIA/NZ exchanges quotes on Aug 20: US dollar 1.1296/1.1248 Sterling 0.5129/0.5062 Ninety-day air mail buying rates: Sterling 0.5347 US dollar 1.1692 Ninety-day forward buying rates: Sterling 0.5171 US dollar 1.1317 NEW ZEALAND: Reserve bank midrate: US dollar 1.0115 Trading bank indications: Sterling 0.4586/0.4556 US dollar 1.0165/1.0065 Ninety-day airmail buying56 words
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Article135 1979-08-21 9 THE Hongkong dollar eased slightly on profit-taking in thin, quiet late exchanges with some operators believing that the local currency had been overbought in early trading, dealers said. Many operators were on the sidelines in lacklustre afternoon dealings. The Hongkong dollar eased to 5.1230/70 to the US unit from135 words
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Article51 1979-08-21 9 THE US dollar closed slightly firmer yesterday at 217.75 yen, compared with a 217.70 opening and 217.55 at Friday's close, dealers said. The dollar eased on export covering by Japanese traders anticipating the rate would weaken after early steadiness, dealers said. Trading was very quiet, with volume at $30451 words
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Article465 1979-08-21 9 TRADING at the foreign exchange market yesterday was very subdued, with little movement in the various rates. Against the yen, the US dollar weakened slightly from an opening of 217.65/75 to 217.20/30 at the end of the day, fairly in line with the Tokyo closing of 217.3545. But465 words
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Article215 1979-08-21 9 STERLING yesterday opened just under a cent lower compared with Friday's close at U552.2090/ 2100, ahead of UK July trade data, due late yesterday, while the dollar eased in a quiet market. Dealers said sterling business was moderate, with the currency going as low as 2.2060/70 in early business215 words
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Article238 1979-08-21 9 THE SINGAPORE gold futures market yesterday closed marginally higher in quiet selective trading, dealers said. Turnover rose to 329 lots from 271 last Friday with activity mainly on August which closed $300.20/1.00 compared with last Friday's $299.40/300.00. September closed at $301.20/2.00 compared with Friday's $300.20/80 close. Meanwhile, Siigmii reported238 words
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200 1979-08-21 9 AP. THE CHAIRMAN sf the Kuwait Chamber af Commerce aid Industry, Abdul Arix Al-Saqr, has prapaaed that reinsurance against war aad ail tanker hijack daagers be aadertaken by Arab lasaraace companies. He said the Lloyds decision to declare the Perslaa Gaif a "war rone" wasAP. - 200 words
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Article520 1979-08-21 9 RUTH CHENG - By RUTH CHENG MORE banks are now considering extending their hanking hours as a means of improving customer service and enlarging their deposit base. The Development Bank of Singapore (DBS) is currently the only commercial bank to provide this facility. Since July 1975, its branches520 words
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Article280 1979-08-21 9 THE Chartered Bank, the first bank to go "on-line" in Singapore, is buying more computers to expand its computerised operations and further improve its customer service. The bank's chief manager, Mr Colin Endacott, last Friday signed an order for an NCR-8250 Mini-Com-puter which will cost280 words
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Page 9 Advertisements
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Advertisement230 1979-08-21 9 Fkople's Bank Sri Lanka Selection of consultant for the proposed multi-storey office building. The People's Bank, a leading Commercial Bank in Sri Lanka invites applications from multi-disciplinary consortia of consultants to undertake the architectural and engineering services for the design and supervision of construction of a building of at least230 words
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Advertisement252 1979-08-21 9 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. 'i The War Lords:252 words
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1606 1979-08-21 10 In Singapore BID and oiler 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 unlets otherwise specified All Time Settlement Contracts are quoted1,606 words
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Article154 1979-08-21 10 SINGAPORE UNIT TRUST S'pore Growth Fund 1.12 1.18 (Maaagers' prim i hr Aag tl) INCOME BOND UNIT The Commerce 2 09 2.2 (Carnal pi tees) The Saving Fund 1.3B 1.47 S'pore Prog Fund OH LOS Income Bond 1.12 1.17 S pore Sec. Fund 1 68 1.78xd S'pore Invest154 words
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Article2660 1979-08-21 10 Gr's Gr's Net 1879 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 241 6 15.0 12 61 121 111 241 236 196 123* Alcom 196cd 10.0 1.3 5.1 26.1 148 no Allied2,660 words
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Article98 1979-08-21 10 4 1/3* 15/9/80 (250.000) (4) 99.90 5 1/4* 1/3/81 (250.000) (4) 99.90 5 3/4* 1/9/79-81 (250.000) (12) 99 85 6 1/4* T F 15/4/91 (250.000) (100 JOB 100.408) 6 1/4* T F 15/7/91 (250.000) (100JSB 100 JSS) 6 1/4* T F 15/10/93 (250,000) (100.238 100.335) 6 1/4% T98 words
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Article49 1979-08-21 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 op- M. tions traded shown in brackets. Ineheape (Sept $150) (4) (0.615). Haw Par (Sept Si.2o) (0.348 0.405).49 words
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Article1678 1979-08-21 10 BID and otter price* officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in tots of 1,000 units unless otherwise specified INDUSTRIALS A|snmM (2.728) (I) 3 00 Ak»* <3 008 2 02S) (2)1,678 words
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Article, Illustration595 1979-08-21 10 A SHARP fall la the Heagktag market acted aa a depressaat which prevented the Singapore Stack Exchaage bam sustaining Its upward memeatain yesterday. Shares apeaed a shade abeve weekead levels, laterest was evealy spread across the heard aad It seemed that Friday's baeyaacy weaid set the595 words
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Article644 1979-08-21 10 PROFIT-TAKING after a firm start left prices slightly lower on the Kuala Lumpur stock market yesterday. Trading was moderate but some caution was discerned following news that the Hongkong market had dropped sharply in the wake of the l'/i per cent increase in the prime lending644 words
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COMPANY NEWS
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960 1979-08-21 11 ANTHONY TAN - By ANTHONY TAN THE PRICE and supply of logs will be crucial in deciding the future prospects of the plywood industry, says Mr Lim Yong Wah, chairman of International Wood, in his annual statement. Since the beginning of this year, log prices have960 words
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COMPANY BRIEFS
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Article39 1979-08-21 11 reports the quan- tity of rubber produced by the company for the first quarter ended March 31 as 640,000 kg (652,000 kg) and up to the 2nd quarter ended June 30 as 588,000 (611,000 kg).39 words
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Article96 1979-08-21 11 said its adjourned annual general meeting will be held on Wednesday, Aug 29 at 10.0oam at the Registered Office, Room B-l Basement Floor, Bangunan Ingeniur, 60-62 Jalan 52/4, (Staling Jaya. An extraordinary general meeting will be held following the AGM to consider and, if thought fit, to pass96 words
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181 1979-08-21 11 SYNTHETIC Rentes (Malaysia)'* land »id MMlags 1b Tebru mm Jahsre Barn, k»ve been revalud at $2.11 million agaiast the beak valae at $I.M million. In a letter te the Kaala Lampnr Steck Exchange, Synthetic Resins said It will td«pt the new valaatlea carried181 words
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1076 1979-08-21 11 PROFITS of Malaysian plantation and mining companies are entering into a period of consolidation, but the country's economy is expected to show further satisfactory growth. These observations were made by international stock brokers and analysts Laurence, Prust and Company in a wide-ranging commentary on1,076 words
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Article310 1979-08-21 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Int Wood 15* TE Jul 18 Jul 20 Aug 25 15% TE 10% TE Pegi Msia 5* Jul 28 Aug 7 Aug 25 5% M Tobacco 12.8% I Jul 31 Aug U310 words
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Article93 1979-08-21 11 Company Particulars Ex Date Books Close N SOP B Semb E A I Hoi| Leong Bonus Issue of 3 for 2 Bonus Issue of 3 lor 1 Bonus Issue of 1 for 2 Rights Issue of 3 for 4 $1.90 per share Aug 23 Sept 10 NYA Sept93 words
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LATEST RESULTS
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Article41 1979-08-21 11 Audited group after-tax profit of $557,256 ($355,857) for the year ended March 31. Parent company after tax profit of $213,048 ($221,170). The company has declared a first and final dividend of 6 per cent gross (5 per cent).41 words
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Article45 1979-08-21 11 Unaudited group after tax profit of 1764,975 (5705.396), for the six months ended June 30. Parent company after tax profit was $265,665 ($261,164). Group loans outstanding came to $83.90 million ($63.90 million) and parent company loans outstanding $1.60 million ($1.44 million).45 words
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Article67 1979-08-21 11 Interim results for the half year ended June 30, 1979, had turnover of $11.02 million, up 12.6 per cent. Pretax profit was $1.75 million ($1.77 million); estimated tax $699,000 ($5730,000). After-tax profit was up 0.8 per cent at $1.06.' Directors anticipate that barring unforeseen circumstances, the67 words
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Article33 1979-08-21 11 has given notice that the board of directors of" the company will meet on Aug 27 for the purpose of recom- mending a final dividend for the year ended June 30.33 words
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Article19 1979-08-21 11 profit before tax and minority interest for the six months ended June, 1979, was $3.06 million ($1.68 million).19 words
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42 1979-08-21 11 Production revenue for half year ended June 30, 1979, was $28.8 million ($27.9 million). The company made a net loss before tax of $3 million aginast a profit before tax of $7,000 in the corresponding period of 1978.42 words
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Article35 1979-08-21 11 said its board of directors will be meeting on Monday, Aug 27 to consider the company's results for the year ended June 30 and to recommend the payment of a final dividend.35 words
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Article64 1979-08-21 11 said in reply to the Kuala Lumpur Stock Exchange's queries that there are no material factors and/ or exceptional circumstances which would affect the earning and profits of the company and the group for the financial year ending Dec 31. The company said that barring unforeseen circumstances,64 words
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Article110 1979-08-21 11 WORLDWIDE Haldlags Bfcd: AGM and EOGM to be held at Room B-l, Basement Floor. Bangunan Ingeniur, Jalan 52/4, Petaling Jaya, at 10am on Aug 29. MaJayawate Steel Bhd: AGM to be beld at the Negara Room, Kuala Lumpur Hilton, Jalan Sultan Ismail, Kuala Lumpur on Aug 30 at110 words
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Article, Illustration639 1979-08-21 11 mm™ by HOCK LOCK SIEW THE FIRST crop of interim results of investment trusts which were listed on the exchange at the tail-end of last year have just appeared, presenting a good opportunity for investors to take another look at these companies. While waitingby HOCK LOCK SIEW - 639 words
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Page 11 Advertisements
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Advertisement213 1979-08-21 11 RETURNING OR RETIRING TO THE U.K. 7 FINANCIAL INTERESTS IN THE U.K.? Six Questions Have you planned your return to Britain? Do you know the U.K. tax concessions available to you? Do you pay U.K. tax if you do, should you? Have you planned to reduce your Capital Transfer Tax213 words
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Advertisement502 1979-08-21 11 THE GOVERNMENT OF MALAYSIA CONSTRUCTION OF BINTULU DEEPWATER PORT CONTRACT NO. 5 BUILDINGS AND UTILITIES (International Contract) NOTICE OF PREQUAUFICATION OF TENDERERS The Government of Malaysia hereby invites suitably qualified and experienced contractors for prequalification for Contract No. 5 Buildings and Utilities, which forms part of the several contracts for502 words
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340 1979-08-21 12 UPI, AP. ASEAN does not intend to engage Vietnam in a "diplomatic duel," said Mr Carlos Romulo, the Philippines' Foreign Minister. Mr Romulo made the statement to dispute a news report from Kuala Lumpur that said the result of last week's Asean ministerialUPI,; AP. - 340 words
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481 1979-08-21 12 THE MUCH-anticipated increase in bus fares has just been announced. Commuters will have to pay 10 cents more for their bus fares from Sep 1 but fares on feeder services will remain unchanged while concessional fare for school children will be standardised at 20481 words
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522 1979-08-21 12 A SINGAPORE-incorporat-ed fishing company, jointly owned by local and Indonesian partners, plans to develop its deep-sea fishing trade in Singapore by increasing its present fleet and training its local crew with the help of fishing specialists from Japan. Indonesia Fisheries Development, which previously522 words
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268 1979-08-21 12 THE TOURIST Authority of Thailand has proposed cheaper air fares between Bangkok and other Asian countries in an effort to boost the Thai tourist industry. A discount of between 25 and 50 per cent in current fares has been suggested and this268 words
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Article96 1979-08-21 12 UPI A TRIPARTITE agreement has been reached to establish a coal liquefaction company in the United States. The Japanese daily, Nihon Keizai Shimbun, said Japan's Mitsui Mining Co and Mitsui and Co, Ruhr Khole AG of West Germany and the American Gulf Oil Corp have agreed toUPI - 96 words
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145 1979-08-21 12 AP. CHINA to nsUng Japan fir government tooas totalling DMK than U8|5.2 billion (5511.2 billion) to help modernise its hydro-elec-tric power plants sad railways. Disclosing this, the Japanese dally, Malalchi said China seeks the loaas through the Overseas Economic Cooperation Pnnd with na aannalAP. - 145 words
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Article, Illustration58 1979-08-21 12 IRANIAN traps stand guard atop a sandbagged station wagon after a massive government counter-attack which wiped ont Kurdish defences in the western frontier town of Paveh on Satur- day. The self-styled Iranian head, Ayatoilah Khomeiny, ordered a general mobilisation on Friday to deal a final blowUPI photo - 58 words
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Article321 1979-08-21 12 THE IDEA of providing long-term loans for housing development in Malaysia through the creation of "mortgage bonds" is under active consideration and will most likely be included in the 1980 budget to be announced in October. According to informed sources in Kuala Lumpur, the mortgage bond321 words
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209 1979-08-21 12 THE Malaysian Education Ministry has finalised arrangements to recruit 200 English language teachers from Britain. The Director of Schools, Syed Abu Bakar bin Syed Barak bah said an agreement spelling out the terms of service was signed in Kuala Lumpur on Friday between209 words
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Article848 1979-08-21 12 LONDON, Mon. Share prices closed easier in slack trading but government bonds pared earlier losses to finish around 1/8 to 1/4 point firmer on the day, dealers said. At 3 pm the Financial Times index was down 9.9 at 464.3 Leading industrials shed as much as 9p on848 words
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464 1979-08-21 12 THE Malaysian Deputy Finance Minister, Datuk Neo Yee Pan, yesterday urged traders and other businessmen in Malaysia not to increase the prices of goods and services unnecessarily. He warned that failure to heed such advice would give rise to "price spirals" which could adversely464 words
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Page 12 Advertisements
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Advertisement83 1979-08-21 12 U5515,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 24th August 1984 EUROPEAN ASIAN BANK (Singapore Branch) In accordance with the provisions of the Certificates, notice is hereby given that for the initial six months interest period from 22nd August, 1979 to 22nd February, 1980, the Certificate will carry83 words
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Advertisement191 1979-08-21 12 SEE PAGE 5 UNITED OVERSEAS BANK LTD CHUNG KHIAW BANK LTD LEE WAH BANK LTD (NCtiHPORATEP tf\i THE REPUBLIC OF SINGAPORE) We are pleased to announce the following interest rates payable on savings and fixed deposits with effect from Tuesday, 21 August 1979: SWINGS Z I/.0/ ACCOUNTS: O /4/0 p.a.191 words
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Page 12 Miscellaneous
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Miscellaneous51 1979-08-21 12 weather;; Outlook for Singapore from 6 a.m. to 1 p.m. today: Occasionally light rain in early morning. Report for 24 boors prior to 7.31 p.m. oil August 21 at the airport. Maximum temperature 32.1 Associated humidity 62 Minimum temperature 25.5 Associated humidity 93 Hours of sunshine 7.60 Rainfall in millimetres51 words
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SHIPPING TIMES
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PORTSIDES
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Article91 1979-08-21 13 AFP THE Far Eastern Freight Conference (FEFC) will open a new office in Taipeh at the end of the month to promote direct contact between the FEFC (and its associated conferences) and its customers. In a statement released in Kuala Lumpur yesterday, an FEFC spokesman said theAFP - 91 words
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Article74 1979-08-21 13 UPI A 70,334-ton freighter of Liberian registry en route from Brazil to southern Japan ran aground off the Senkaku Islands in the east China Sea on Sunday, the Maritime Safety Agency said yesterday. There were no reports of injuries among its crew of about 40. An agencyUPI - 74 words
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Article83 1979-08-21 13 Reuter LOADING and unloading operations at Calcutta port yesterday have resumed after striking workers returned to work. Operations were crippled on Aug 12 when the workers went on strike to back demands for higher wages and a scheme for incentives. The Press Trust of India reportedReuter - 83 words
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Article572 1979-08-21 13 GOH ENG KEE - BLAME ON IGNORANCE By GOH ENG KEE THE PORT of Singapore Authority is pressing for heavier penalties for ships caught dropping their anchors in the Submarine Cable Corridor, designated a prohibited anchorage more than a year ago. About 21 cases of infringements in the area just572 words
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Article, Illustration162 1979-08-21 13 LIKE MOST trans-Pacific carriers, American President Lines (APL) offers mini-landbridge for cargoes moving between South-east Asian ports and the (JS East or Golf coast ports. The mini-landbridge allows cargoes from the Far East shipped to US west const ports to he transported usually by rail across the conn-162 words
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2744 1979-08-21 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of2,744 words
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Article489 1979-08-21 17 T Ori 5 Afea TV 3 Alpar IV 5 Anckutan anL n i 3 1 APL m 2 Arya Nat n 5 ASCL m 1 Asia America n 5 Asia Merchant n 5 Atlas IV 4 Aust.Cont IV 5 Bank ra 5 BBS n 2 Ben m 3 Ben489 words
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Article1018 1979-08-21 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 following1,018 words
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824 1979-08-21 18 HSUNG BEE HWA - By HSUNG BEE HWA THE MAJOR bulk trades will only show modest growth in 1979, in line with the general decline in >4he growth rates of OECD economies. Last year, the real GNP of such countries was only 3.5 per cent, a decline824 words
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1468 1979-08-21 18 Nautical Review THERE are about 5,000 Greek ships today, according to the Greek Ministry of Mercantile Marine. A good 90 per cent of them are engaged in tramping, which often meant that th?y sailed to ports other vessels avoid for various reasons.Nautical Review - 1,468 words
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Article, Illustration601 1979-08-21 18 The era of romanticism has forsaken the seas, replaced by a sober, cost-analysis approach where an extra day can mean countless thousands more in costs. Gone are the days when a steady-does-it attitude accompanied seamen on voyages in the merchant marine. There's no more room601 words
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Article, Illustration390 1979-08-21 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Clifford Maersk (0600 35 36 Fort Walsh (1800) 45 Golden Source (0600 tide) 22 John Bakke (after Memnon) 47 La Rioja (0500 after Golden Fortune) 6/7 Menam (0200 44 Minjiang (0600 after Bosna) 1/2 New Swan (1200 42 43 Rajah Brooke (after390 words
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Page 13 Advertisements
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Advertisement586 1979-08-21 13 SHOFUKU LINE Full Container Service Straits Taiwan Japan See Page IV Column 3 for Sailings SPORE AGENT SHOFUKU AGENCIES (St PTE ITD 20TH FLOOR OCEAN BUILDING. SINGAPORE 1 MARKETING *****2 13 LINESI GENERAL *****1 114 LINES) TELE* RS74',9S RS ***** A B CARSHIP CABLE "SHOLiNE' W.MALAYSIA AGENT TRANS ASIA SHIPPING586 words
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Advertisement211 1979-08-21 13 JSI SEALORD ANTAH a UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF WEEKLY MULTI-PURPOSE SERVICES BMBASSAM In Port Kw*ait 1/9). Dammam (4/9). Doha (6/9). Bahrain (9/9). Dubai (11/9). BN AL ATHEER 26/8 Mina Qaboos (7/9). Dubai (10/9). Doha (12/9). Dammam (15/9). Kuwait (18/9). 30/8 Dubai (11/9). Abu Dhabt (14/9). Bahrain211 words
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Advertisement439 1979-08-21 13 NOL NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ): S pot* P Hetang Havre Rdam Fstowi K IACEIW <• jTTiCS ?5 Am( 111 Sept 12 Sept 13 Sep N PIARt 28 Aug 29 Aug 16 Sept U Sept 18 Sep C RO2E 2439 words
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Advertisement831 1979-08-21 13 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. (OR las' Am (Hongkong Manila Keelung. Kaohs.ungl lapan (Tokyo Hob# Yokohama Hi«cyd Osaka Shuvwu) Ctftord Ataerik lift Maenk Comeia Maersk Gdn 35/36 27/1 l/» 15,0 13/9 20 1 ?2 j 30/9 ?7/9 IZSEEETB ESE222I ■BZBI FROM831 words
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Page 14 Advertisements
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Advertisement723 1979-08-21 14 FULLY CONTMOUSED TO EURQK Bay TMuoEiprm RtaMoi Bay Hwtwg Eiprtu UWPMI Bay Ttkjtßay Cartganßa; EXPRESS COmOinONM. TO EUROPE S>«« PJMmi Pm Utm Gmm NWt Brim Mat Mm an 26/8 21/9 30/9 28/9 26/9 2vT Ma Is 24/8 25/8 29/9 27/9 25/9 23/9 16/9 19/9 23/9 22/10 14/10 31/10 29/10 27/10723 words
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Advertisement346 1979-08-21 14 XI k* 31/** 1 A* 20/30 s#m/ii i oe< i/3 m. From: CANADA/USA bk SICj Bfeaifcr^E3ltoi^3l wMM hrr >A/ l/WZv San-CONTMO SERVICE (HUVY-LFT CAPACITY 200 TONS) DAMMAM. KUWAIT, ABU DHABI. BAHUUN. BANDAR SHAHPOUR TEIENDOS Itoy. 3A. TLOS ivf. 4A Singapore Sept 26/27 Singapore N*v 2/3 AGENTS: BARBER WILHELMBEN AGENCIES PRIVATE346 words
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Advertisement661 1979-08-21 14 1 EVERGREEN LINE If AR AST EUROPF FXPRfSS f'Jll CONTAINFR SERVICE ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. II HAVRE ALSO ACCEPTMG CARGO FOR: UMTED KMGOOM SOUTHAMPTON LONOON. MANCHESTER. HRMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BRfiPSSvOT HOLLAND AMSTERDAM S*pm F*dw MMm Mm| le Kiwi (mt IIU Ifapl »U* 1661 words
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Advertisement870 1979-08-21 14 Everett Lines] Burma Fiv» Star Shippini Corpn. "BURMESE NATIONAL LINE' LOAOMG FOR RANGOON rmSNNECTAWTWA IT* 303/21 fc« 30 31 TEPS MALAYSIA B F.S.S.C. Agents in Malaysia TEPS MALAYSIA rt Kctang Ttt «38>-7355 Penong Tat *****/***** Compania Arftntina Da fU Wavfacion Intarcontinantai S. A. C.I. F. WJ "ARGENTINE NATIONAL LINE" LOAOMG870 words
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Advertisement714 1979-08-21 14 2 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 Y. Jk I 131 SANKYO LINE AUSTRALIA SERVICE P. Ketone Singapore Lowing for E 22/24 Aug 25/26** WL. ADEL. m 2(/2t Aug 22/24 Aug SYD 4/5714 words
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Page 15 Advertisements
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Advertisement816 1979-08-21 15 Overseas ■■I Containers Limited Weekly service to/from UK/Europe To UK/Continent Cardfcanßay TsMabprass Keertaen Bar rpn PJWan I Haw* SN 12% 2» I»S# 31% 15% 5% MS# as# iMplln 5% as# Oukaßay 11S# 13 S# 3 Oct BmMv I*S# MS# 1* Oct Haakwf Express MS# 21S# 17 Oct UeeipeMßay 4 Oct816 words
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Advertisement871 1979-08-21 15 GRANARD LINE GramrU Shipping Agencies lS I Pie Ltd Tel *****77 (5 Lmesi Dm s rrjflini; Sfln Brifl S2/1 snipping Tradinq Enter Busts Franco Belgian Services f AP. f AST fHEMCH S£HVICE AITM BFI Gi A\ fAH ASH M\ l IN» n» ACf CONSORTIUM' FULL CONTAMRSHP SERVICE TO EUROPE. SUGAPOff871 words
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Advertisement661 1979-08-21 15 rrcBEN LINE CONTAINERS a BEN ASIA CONTAINER SERVICE BENBULK j BULK SERVICE FOR TIMBER AND PLYWOOD MMn.ru o VeyOK 9d PACOMKDt «*y W k> PI/22 h| Mdati RdKii Lpool/Nport KSSQ. fey 111 3/5 Oct 21/2 Oct 6/1 Oct 25/27 Sept Lpopl/Nport. Tetok Ayer S'port P Manj laadtof tar 22/25 Am661 words
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Advertisement449 1979-08-21 15 Scan Dutch <9 i iW* J vi««VT. fTTTI j 1.1 j 1 ■i vi i j:! *i »ir. 14.u u fi: :i■; I: II m s Lfi li *L 1) G bwf 2) H-tan 3) reap 4) r«M 5) ItH t) Mae IM ur Uri SM WD HBSKOK P Mam449 words
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Advertisement635 1979-08-21 15 BOUSTEAD AGENCIES THE BANK LINE LTD. LOADS FOR E. I S. AFRICA Mapmga Durban. Ctown Ft. E Idn) MIQHM OUCOWttOS ißtumon Durban. Ctowi. Pf Eta. t London) S port 3/6 Sep P Aetang S pore 4/7 Oct P Aetang 8 10 Oct U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston,635 words
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Page 16 Advertisements
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Advertisement1051 1979-08-21 16 tUPOPf f >PRf SS SFKVICI TO EUROPE Spore P Keteag I Harre R dam M burg Bremen A werp 11 Sept 12 Sept 16 Sept 17 Sept 20 Sept otl i 6Sw 17 21 S* 22 Sept 25 Sept LS2T.IZ *22 2^ N PEARL 16* 28 Aug 29 Aug ig1,051 words
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Advertisement754 1979-08-21 16 0 U.5.1./EAST CANADA SERVICE E.C./GREAT LARES SERVICE 10MNNC FOB: OT TOM. NCVQU MONTREAL. TONONTO UNTMULA Ptuang Satavao f Kotaog Sngaport "A VESSEL" CALIFORNIA/PACIFIC NORTH WEST SERVICE Loa** tar LOS Mean MM FRANCISCO. SEATTLE. TACOMA. VANCOUVER. B.C. Ptmng t umi Saippofi I «mtni "umun- l/z od v«oct s/iott i*> to AWMU754 words
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Advertisement641 1979-08-21 16 S S A < »I'Oll|> SINGAPORE SHIPPING AGENCIES PTE LTD 'OUN OCE AN Boil.D NO SINGAPORE 9'3 UNE S- CINf BAi «-i"< '4.NES .4S9S B S 2bst>s AB C ABSH'f I CAHL.CSH.P IMIM ill Uv<|ioiml (jiiitniiirr Miics WEEKLY CONTAINER SERVICE to/from BANGKOK DSR LINES P"*r f ajt sEM-coHTian soma S641 words
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Advertisement901 1979-08-21 16 ww MAI*rSIAN iNTfUNATIONAI SHIPPING CORPORATION BfPHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANCHNAVU I) Barcelona Genoa. 2) I«Mm. Antwerp Bremenharen Ajrtmv Cppinlloglii Hrtunki 4) M 'Accepting Europe cargo tor footer na S pore 19. IHonte. IMbao. Basle UK. 3) Bremen lAahno Stockholm (Mo 1) G t»r| 2) tfburg 3) B«m JUTUMM901 words
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Advertisement790 1979-08-21 16 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****1 V *****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'pore P. K«lm| Penanj loadb* far NORASMNB4I 10 Sep 4 Sap Avon (UK)/Tilbury/ Boulogne Antwerp NORASIA WSO 25 Sop 29 Sop Avon (UK) Boulogne Antwerp A|«t» Singapore MTRASEA (PTE)790 words
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Advertisement218 1979-08-21 17 LI A N SOCN SHIPPING TRADING CO (PTE) LTD 1101 Hth FiOQ» C" BUIIDiNG,ROBINSON »0»0 SiNGAPOPS 1 m ?700I!I IS UWSt CABU uA»l»i*o eta no Indonesia service MIMK" 23-9-79 25-4-79 JMMTA ILV CHERRY HAMS 10 979 12 979 BALKPAFMI. SAMARMDA. UAJNG PJUDMK I H* CICRRY BAGUS 5/9/79 M-79 BAUKFAPAN. SMUUHMM.218 words
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Advertisement168 1979-08-21 17 i£td RANGOON/CHITTAGONG/CHALNA SERVICE MV. FIVE ISLANDS SINGAPORE/KHORRAMSHAH SERVICE M.V. TOPAZ EXPRESS 15 Sep G~r* Gulfeast Shipping Pte Ltd Suite 704/706. Ocean Building. Collyer Quay Singapore 1 Tel *****3 (10 Lines) KANNIVELL LINES MALAYSIA SINGAPORE BANGKOK SERVICE Bangkok Singapore Pod Keiang Singapore Bangkok In Pt/22 Aug 26/27 Aug 21/29 Aug 13168 words
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Advertisement238 1979-08-21 17 P HUNG PUMNG DISTORTION mam n/n n/x timy, rottomm. TMKSHM IMb Sopt TUUtY, ROTTERDAM, NO6HU 5/7 Od TLBURT. ROTTERDAM, cur* SJK!? 6 PtM G «sm*Tiw GWT" 25di A* Rotterdam Hambur, AGENTS. OUAN OUAN SMPPMO SON BHD WNPUO T« *****.*****. ***** *****3 UNI-OCEAN CONTAINERS (PTE) LTD jvrj/r BETWEEN SINGAPORE/INDONESIA UNCON VOIS238 words
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Advertisement71 1979-08-21 17 WORLD LINE pj I ««l|^W»»WV^p rtjp N"l 312 km 19.11 12.H Mo Mb* amy kc IhH KAI UNION SHIPPI 26th Floor UIC Building, Shenton Woy, Singapore, 1. Telephone: *****66 REGULAR SERVICE TO CHTTTAGONG ETA El 15 Sep 1 boo' Mi KAI UNION SHIPPING (ON BHD MttyM Contact MS Port fcelang71 words
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Advertisement287 1979-08-21 17 NOTICE TRACK. The Port of Oakland has a decided advantage in sending inbound shipments to inland U S Because there are three transcontinental railroads virtually waiting at the dock. With railroad marshalling yards just minutes from the marine terminals, we can move your cargo without delays and help shorten the287 words
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Advertisement42 1979-08-21 18 TRUCONTAINER EXPRESS INTERNATIONAL (S) PTE LTD Suite: 1311 SHAW TOWER. Beach Road. SINGAPORE 7 Regular Container Service accepting FCL/LCL Cargo for Australia Sydney, Melbourne, Brisbane, Adelaide, I Call *****81 Container leasing services EICCU CONTAINER FLEET MANAGEMENT SA Transcontainer Leasing S.A. (Specialised Equipment)42 words
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