The Business Times, 28 August 1979

Microfilm: NL10295
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. IM/1/19 TUESDAY, AUGUST 28,1171 50 CENTS
    10 words
  • BRIEFLY...
    • Article
      KL oil prices
      61 1 KUALA LUMPUR, Mon. The government is expected to implement the new prices for all petroleum products at the end of this week. The details of the price revision, expected to be 10 per cent, will be announced by Deputy Prime Minister Dr Mahathir Mohamad on Wednesday. This
      61 words
    • Article
      Cement price talks
      60 1 KUALA LUMPUR, Mon. Deputy Trade and Industry Minister Datuk Lew Sip Hon will meet Malaysian cement manufacturers on Wednesday to iron out the current confusion prevailing in the cement market. The meeting is expected to review and possibly revise the ceiling retail price of the commodity which
      60 words
    • Article
      Lock icon New MISC chairman
      53 1 AFP KUALA LUMPUR, Mon. Tengku Tan Sri Datuk Ngah Mohamed bin Tengku Sri Akar has been appointed the new chairman and chief executive of Malaysian International Shipping Corporation (MISC). He takes over from Mr Kuok Hock Nien who had been the corporation's chairman since its incorporation in
      AFP  -  53 words
    • Article
      Lock icon US pledge on dollar
      59 1 Reuter WASHINGTON, Mon. The US will live up to its obligations to restore balance to its external accounts and maintain a sound and stable dollar, Treasury Undersecretary for Monetary Affairs Anthony Solomon said. "That obligation is clear and will be met," he said in remarks prepared
      Reuter  -  59 words
    • Article
      Lock icon HK inflation higher
      75 1 Reuter HONGKONG, Mon. Hongkong's 'A' consumer price index rose 2.19 per cent in July to 140 base 1974/74, compared with a 0.73 per cent June rise to stand 12 per cent above July 1978, Census and Statistics Department figures show. The 'B' index rose 1.46 per cent
      Reuter  -  75 words
    • Article
      Lock icon Iranian oil price call
      67 1 Reuter BAHRAIN, Mon. Iran is urging the Organisation of Petroleum Exporting Countries to adopt a formula to adjust oil prices automatically at least every three months, the Middle East Economic Survey said. The journal quoted Mohammed Ali Movahed, adviser to the chairman of the National Iranian
      Reuter  -  67 words
    • Article
      Lock icon Dow Jones
      52 1 UPI NEW YORK, Mon. The stock market struggled to find direction early today in fairly active trading. The Dow Jones industrial average, which eased 0.18 point on Friday, was ahead 0.60 point to 880.80 at 11 a.m. Advances led declines, 532 to 462, among the 1,478 issues crossing
      UPI  -  52 words
  • Article
    Chief Price Changes
    143 1 Rises Indices Min Sec K Kampar Kamunting Tin Ayer Hitam Tin Sthn Kinta Rothmans Tan Chong FAN Shell Public Bank Perlis Plant Spore Bus 600 470 350 1430 910 480 426 555 322 240 252 264 383 30 12 10 10 10 8 5 4 +3 +2
    143 words
  • Article, Illustration
    KUALA LUMPUR
    156 1 Rises Indices Minsec 640 Idris Hyd 430 Kg. Lanjut 252 Rothmans 484 K Kampar 471 A. Hitam (t) 1440 Shell 324 Falls CCM 525 M Banking 690 M Cement 340 Kamunting 340 PChem 450 K L Kepong 310 Consplant Wrts 530 55 20 12 12 11 10 +06
    156 words
  • Article
    S'pore a Haven for technology
    800 1  -  TURNKEY PROJECTS BOON By LINDA TAN SINGAPORE'S aim to become the regional centre of technology, particularly in the supply of turnkey projects, has been given a big boost. An international automation engineering company with a manufacturing operation here, Haven Automation has -been awarded a turnkey
    800 words
  • Article
    CITY MAKES SALE
    211 1 CITY Developments, a leading local property company, has agreed to sell part of its properties at Stevens Road to City Country Club for $8.5 million in cash. City stands to gain $5.8 million from the sale. The properties are known as Lot 406 and Lot 404 of
    211 words
  • Article
    Aussie move to raise air fares may not succeed
    446 1  -  By WANG LOOK KEAH SINGAPORE is not likely to approve the 16.7 per cent across-the-board increase in air fares proposed by Australia (or travel between the two countries, it is understood. This is because the rise, proposed (or all Asean countries,
    446 words
  • Article
    KULIM RIGHTS ISSUE
    191 1 ONE of the top 10 listed plantation companies, Kulim (Malaysia) Berhad, yesterday announced a rights issue of one for five at $130 a share. The rights issue involves 13.8 million shares of 50 cents each and will rank pari passu in all respects with the existing shares
    191 words
  • Article, Illustration
    Profit at OCBC rises by 21 pc
    213 1 0 VERSE A-Chiaese Basktag Cirpinttw has repeated a 21 per cent lncmw la pNp laterim earaiagß far Ike Jaaaary to Jue pcrisi. Uaaadlted grasp set pnfll was $4.1 millieo higher at $24.31 mllliea after previdlag ler taxattoa, dlmlaattoa ia asset value aad allocations
    213 words
  • Article
    Sime Darby announces 25pc rise in dividend
    492 1  -  By MANO SABNANI SIME Darby Holdings yesterday released its best ever results and has proposed to reward its shareholders with a near-25 per cent increase in total annual dividends. Most analysts said the profit figures of the group were close to market expectations.
    492 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      44 1 Corporation For all types of Culinary (Oriental Raki Corporation Tel: *****4/*****4 •"Pr"?' Telex: RS ***** *jB RAKICOR rubbed, herb*. C«m«: "RAWCORP" teed*.root*, spices f*cio*v and pulses. War si lino Industrial Estate mjijy si* Tel: ***** Manufacturer. C*M«: "RAKICOR P" Johore Bahru miller and stockists.
      44 words
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      Page 1 Advertisements Column 2
      246 1 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 distributed
      246 words
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      Page 1 Advertisements Column 3
      71 1 I SHIPPING TIMES THREE more eeafirm berths in STOCK market repert............... It S'pore Fair I H OCK Leek Slew is right en HONGKONG trade deficit target U widens 3 ISLAND aad Pealasaiar Is eaaTHE aaciear iaceatives C tteas af Its prespeets 11 A smaggler's havea US haaks raise PLB still
      71 words
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      Page 1 Advertisements Column 4
      150 1 Plain paper copiers Preferred by offices worldwide CALL *****5. Hyny Private Limited apMB Wywy House 1 7 Leng Kee RoaO Singapore 031,5 The reliable airline of Holland Looking for a smooth connection to get to the UK? KLM's home-base offers you 358 flights a week to 22 destinations in the
      150 words
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  • INDUSTRIAL SERVICES
    • Article, Illustration
      PEOPLE IN BUSINESS
      271 2 THE Chartered Bank has made the following executive appointments in Singapore: Mr J M C Alston has been appointed deputy manager and senior advances manager of the bank. Mr Alston arrived in Singapore in January 1976 as advances manager, and then became manager, Asian Currency Unit, until
      271 words
    • Article
      MEMO PAD
      439 2 COURSES AND TALKS Aug 13-27: Managing People At Work, NPB Town Training Centre, NPB Aug 27-29: Workshop on Coastal Geomorphology, RELC, University of Singapore Sept 4: Challenges to Business Careers in the 80s, DBS Auditorium, Diploma in Management Studies Alumini Sept 17-19: Finance for Nonfinance Managers, Hilton Hotel,
      439 words
    • Article
      Four US process control makers looking for agents
      244 2 FOUR Americas pmew controls muilaetaren are In Singapore seeking regional sales representation. H-B instrument Co of Pennsylvania (manufacturer of lighting control relays); Kieley A Mueller Ine of New York (mnaufacturer of control valves); Midland Manufacturing Corp of Illinois (America's primary supplier of
      244 words
    • Article, Illustration
      Three confirm participation in S'pore Fair
      217 2 THE Singapore Institute of Standards and Industrial Research has confirmed its participation in the new technology section of Singapore Fair T9. Two companies that were recently awarded investment incentives by the Economic Development Board have also confirmed that they will be exhibiting their new
      217 words
    • Article
      SAFE AND SECURE
      172 2 AN exhibition organised to enable members of the trade and industry to keep abreast of the latest techniques in the protection of their business interests will be held at the World Trade Centre from Sep 4 to 7. Intersafe '79, which is organised by Item Pte Ltd,
      172 words
    • Article
      IR seminar for the expatriates
      203 2 THE NATIONAL Productivity Board is organising a two-day seminar on industrial relations for expatriate managers from Sep 21. The seminar aims at providing these managers with a better understanding of industrial relations in Singapore and a better insight into the tripartite (government-labour-man-agement) system here. Problems
      203 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      202 2 ft We supply the following black and galvanised pipes A tubes:— (1) BS 1387A.8&C Nominal pipe size V?" 2" (2) Furniture V?" (12.7 mm) 2 1 (63.5 mm) (3) Square section 16" (12.7 mm) x (12.7 mm) to 2" (50.8 mm) x 2" (50.8 mm) (4) Rectangular Section 3/8" (9.525
      202 words
    • Advertisement
      Page 2 Advertisements Column 2
      417 2 SEE US AT INDUSTRIAL PROCESS CONTROL MSTRUMENTS AND EQUPMENT EXHIBITION AUG 28 -31 ATUSMC 9 ways to put DeZURIK quality and reliability to work for you W3 T* 1. The DeZURIK® VPort Ball Valve A rugged and unique control valve that combines high capacity and low cost. Offers precision control
      417 words
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      Page 2 Advertisements Column 3
      117 2 <r Time is money and waMng Unw can <4> «tarr*na urn of monay. VWwt npftma down torn by 90*10 for i jrt— Sup«r*or 30 000 W» found incaandrafiafaAytotoly oompaßrv ba Tha dad portable part aproyvig unit for rtahor «vxxi ond rapor wort on d«£. fS I f ■r XlrvOT Uai-Utr
      117 words
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  • REGIONAL
    • Article
      Lock icon Hongkong trade deficit widens
      628 3 AFP HONGKONG'S visible trade deficit widened to a provisional HK$7l4 million (***** million) in July from $630 million in June and compared with a $546-million deficit in July 1978, Census and Statistics Department figures show. Exports in July rose to 55.17 billion from $4.59 billion in
      AFP  -  628 words
    • Article
      LINK WITH LEFTISTS
      282 3 REPRESENTATIVES of India's leftist groups and the Janata (S)-Congress alliance of caretaker Premier Charan Singh were to have met in New Delhi yesterday. The political situation with particular reference to the consolidation of "anticommunal" and "anti-au-thoritarian" forces was in the agenda, the Press Trust of India (PTI)
      282 words
    • Article
      Lock icon Bangkok detains forty boat people as spies
      309 3 AP MORE than 40 alleged Vietnamese infiltrators have entered Thailand since January by posing as "boat people." TT>e charge was made by a Thai military spokesman, who added that the alleged infiltrators are being detained at the Si Khiu refugee camp in Nakhon
      AP  -  309 words
    • Article, Illustration
      Lock icon Sino-US accord for Congress approval soon
      615 3 AP Reuter US Vice President Walter Mondaie reassured China yesterday that the SinoAmerican trade agreement will be submitted to the US Congress before the end of the year. In an address to be televised nationally to the Chinese people, he also said the United
      AP; Reuter; Source: UPI photo  -  615 words
    • Article
      Lock icon Forecast of Chinese import rise
      353 3 Reuter CHINA'S total investment volume in the next six years is likely to lie between US$4OO and $450 billion (SsB6o and $967.5 biUion). Disclosing this in an economic survey, the German Institute for Economic Research said China's imports will rise appreciably in the same period.
      Reuter  -  353 words
    • Article
      Lock icon A FLEXIBLE POLICY
      100 3 Reuter JAPANESE business leaders asked Prime Minister Masayoshi Ohira not to adopt a deflationary economic policy that will hamper domestic economic recovery, business sources said. The business leaders, representing five major business organisations in western Japan, made the re- quest in a meeting with Mr Ohira. Mr
      Reuter  -  100 words
    • Article
      Lock icon Japanese ethylene output
      157 3 AFP PRODUCTION of ethylene in Japan totalled 375,000 tonnes in July, down 4 per cent from June but up 5 per cent over the year-ago figure, the Association of Petrochemical Industries reported. The drop of production from June was due to the fact that three ethylene plants
      AFP  -  157 words
    • THE REGION IN BRIEF
      • Article
        Lock icon CALL TO END INFLATION
        729 3 Agencies TWO leading members of Indonesia's ruling Golkar parliamentary faction have warned the government to stop the country's inflation. In an interview carried by the semi-government newspaper Suara Karya, vicechairmen of the Golkar faction, Mr Johnny Simanjuntak and Mr Rivai Siata, said continuing inflation and a
        Agencies  -  729 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      142 3 Get one of these Bantam/Britannica bocks FREE! VKK Bantam/Britannica books on (1) The Arabs; (2) The U.S. Government; f Disaster! and (4) The Ocean, j The publishers of Encyclopaedia Britannica 3, the most advanced and comprehensive encyclopaedia available today, are offering you this opportunity to get a free gift. All
      142 words
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      Page 3 Advertisements Column 2
      181 3 From the world leader in quartz technology Seiko LC Digital Dress Quartz Superbly accurate. Tells you the day in any of five languages. Slim and contemporary in appearance. Now you can own a beautifully-sculptured Digital Quartz watch whose sleekness complements even the most formal occasions There's a continuous Liquid Crystal
      181 words
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  • RAW MATERIALS
    • Article
      Tin council still has a big role
      674 4 THE International Tin Council, despite its flaws, is still the only viable executive agency to chart the future of the tin industry in the interest of producers and consumers, says Tin International, the monthly publication of the industry. In an editorial of its
      674 words
    • Article
      THAI RICE EXPORT RATES
      165 4 THAI Commerce Minister Ob Vasurat has said the current rice export premium rates would remain unchanged until year-end. There have been talks among exporters that the existing export premium rates would be revised as a result of the Thai Cabinet decision early last week to raise
      165 words
    • Article
      Conditions ripe for higher sugar price
      702 4 THE outlook for world sugar prices is bright in the foreseeable future. The increase in buying tenders and actual physical offtake from the world market seems to be improving. Also, estimates are beginning to indicate possibilities of a world deficit in the coming season.
      702 words
    • Article
      RUBBER
      220 4 THE SINGAPORE market closed quietly higher yesterday with September One RSS buyers quoted at 279.50 cents per kilo, up 1.75 cents from last Thursday's close, dealers said. The morning market firmed 1.75 cents on covering interest and some upcountry buying, they said. London's closure and lack of news on
      220 words
    • Article
      RAS PRICES
      332 4 R.A.S. prices in cents per ktlo yesterday: Noon (per ktlo) Buyers Sellers Int. 1 R.S.S. prompt f o b 280.75 281.75N Int. 1 R.S.S. September 779.8 279.75 Int. 1 R.S.S. October 279.75 280.00 Int. 2 R.S.S. 273.00 274.00N UKCoot 272.00 273.00N Int. 3 R.S.S. 270 00 *****N UK/Coot
      332 words
    • Article
      SSR and SMR
      117 4 NOONSSR RAS SSR 20 SSR 50 ■d SMR t (1-ton (I ton incaa yesterday Sfptenbcr (Curreat Mtk) Bayer* Sailer* pallet) 268 00 *****N pallet) 266 00 267.00N October (Forward Mtk) Ba>»ra Seller* 268 00 270.00N 265 00 267 00N MRELB SMRCV SMRL SMR GP SMR 5 SMR
      117 words
    • Article
      Straits tin
      92 4 THE STRAITS tia price la Ptnag yesterday gained Ms 2 per pteal to Mil ,875, to stoad MS7S belew toe Interaattenal Tia Agreement celling, dealers said. Althengh there were large sapplles af tia ares frem miners, valaes gained slightly dne to steadier caadltlana la Lsadan last week aad
      92 words
    • Article
      Closing prices
      31 4 Rubber: Aug 27 Singapore: September 279.50 cents (up 1.75 cents) Malaysia: September 279.50 cents (up 1.00 cent) Tin: M$ 1,875 (up $2) Official offering: 314 tonnes (up 47 tonnes)
      31 words
    • Article
      Rice
      236 4 SINGAPORE: Yesterday's closing prices in S$ 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 stock, B-10 per cent 0.70 THAI BROKEN: A super 0 62.
      236 words
    • Article
      Produce exchange
      321 4 THE Singapore Produce market opened the week, as usual, on a dull note with prices of most commodities moving within narrow margins. Copra dealers yesterday awaited news from overseas market and the state of trading in the Philippine market. Pepper prices remained unchanged. Turnover was insignificant. The same
      321 words
    • Article
      Shortage in copper and aluminium in 1980, says broker
      302 4 SHORTAGES of aluminium and copper can be expected to develop next year barring a large decline in industrial activity within the Organisation of Economic Cooperation and Development, mining analyst Anthony Hayes of A E Ames and Company, a Canadian broking firm,
      302 words
    • Article
      Lock icon Rice fields flooded
      79 4 Reuter NEARLY 40,000 hectares of rice fields were either destroyed or flooded by torrential rain triggered by Typhoon Judy over a wide area of South Korea over weekend, Hapdong News Agency reported. Damage to property and crops, mainly rice, is initially estimated at over US$4O million (SsB6
      Reuter  -  79 words
  • ASIAN STOCKS
    • Article
      Lock icon Market firms in moderate trading
      533 4 TOKYO Source: DBS-Daiwa WHILE trading was very moderate without any particular incentives and yesterday was close to the month-end, the market continued to rise in general. The Nikkei Dow-Jones average gained 17.58 points to 6,406.11. Speculative issues were still active, and oil issues also firmed
      Source: DBS-Daiwa  -  533 words
    • Article
      Profit forecast by Toyota
      235 4 TOYOTA Motors forecasts that its after-tax profit in the business year ending next June 30 will probably be unchanged from last year's 102.06 billion yen. Sales are expected to rise to about three trillion yen from 2.8 trillion, it said. Toyota said it plans to produce
      235 words
    • Article
      Sydney
      331 4 AN upsurge in interest in oil production and exploration stocks highlighted buoyant trading yesterday following Friday's announcement of hydrocarbon indications in a canning basin well in Western Australia, dealers said. Reports that Western Mining Corp is to lead a big gas and oil search saw WMC firm five cents
      331 words
    • Article
      Manila
      139 4 THE market closed mixed yesterday with minings and oils rising while commercials declined on sharply higher turnover at 7.38. million pesos from Friday's 4.85 million, dealers said. Atlas Con B, Basic Petroleum, Phil Overseasn Seafront, PLDT and San Miguel B all advanced, while Benget Con B and Lepanto B
      139 words
    • Article
      Selected indices
      28 4 H K.HANG SENG Friday 517.78 Week Ago 501.04 Friday 572.71 Week Ago 625.78 SYDNEY INDUSTRIALS Monday 519.50 ALL ORDINARIES Monday 636.85 Friday 634.00 Week Ago 612.92
      28 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      45 4 V A f K you knowanytfiing about air cargo,you know it can be a jungle out (here. Not to worry. Make frknds with aTiger. The world's leading airfreight airline. Call *****21 or contact your local lATA cargo agent. Flying Tigers is a Tiger International Company.
      45 words
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  • OVERSEAS
    • Article
      DAILY AIRCRAFT MOVEMENTS
      692 5 ARRIVALS Service Local Operator Number Time From SIA GIA GIA SIA PAL RBA GIA SIA SIA MAS THAI CAL CPA MAS SIA SIA SAS SIA GIA SIA GIA CPA MAS SIA LUFT SIA MAS SIA SIA SIA SIA SWR MAS GIA ANZ GIA THAI SIA SIA KLM
      692 words
    • Article
      Lock icon Chrysler bid
      231 5 Reuter THE CANADIAN operation of Chrysler Corporation, the flm&nc (ally-troubled US car manufacturer, presented secret proposals to the Canadian government in talks last Friday. A spokesman for Chrysler Canada Ltd refused to disclose details, bat Industry Minister Robert de Co tret said the proposal involved the company's engine
      Reuter  -  231 words
    • Article
      Lock icon Cuban move to sell Soviet line
      399 5 AP CUBA is expected to launch a major effort to convince the 87-nation non-aligned movement to support Soviet foreign policy objectives. To counter the Cuban strategy, the United States has been in diplomatic contact with scores of nonaligned countries over the last month, seeking
      AP  -  399 words
    • Article
      Lock icon OIL PACT HOPES
      163 5 Reuter NORWAY remains ready to negotiate a long-term agreement on oil supplies to Sweden but no increase over present deliveries can take place before 1981. Disclosing this in Stockholm, Norwegian Industry Minister Olav Haukvik said, however, that the volume to be delivered would not be the same
      Reuter  -  163 words
    • Article
      Lock icon Fifty-two million points against child labour
      191 5 AFP FIFTY-TWO million children under 15 are toiling in factories, mines and farms throughout the world for miserable wages and a further 41 million are similarly employed by their families, according to a study presented to a United Nations body in Geneva. The study
      AFP  -  191 words
    • Article
      Lock icon Zaire, IMF reach accord
      80 5 Reuter NEGOTIATIONS between Zaire and the International Monetary Fund (IMF) have been completed and the IMF will announce total approval of a "dossier" presented by Zaire. In March, Zairean President, Mobutu Sese Seko, said in Paris that his country had initialled a standby credit agreement with
      Reuter  -  80 words
    • Article
      Lock icon Kurds prepare for Iranian thrust
      286 5 Reuter. KURDISH guerillas yesterday dug in along mountain passes ready to face an expected attack by Iranian army units striving to capture the rebel capital of Mahabad in northwest Iran. The insurgents said they had thousands of men prepared to battle government forces with tanks,
      Reuter.  -  286 words
    • WORLD IN BRIEF
      • Article
        Lock icon ECUADOR'S RESERVES
        503 5 Agencies ECUADOR'S known oil reserves have fallen to 1.2 billion barrels from 1.6 billion over the seven years during which they have been explioted, Natural Resources Minister Mauricio Davalos said. This year there will be a substantial rise in oil exploration and in efforts to improve the output
        Agencies  -  503 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      85 5 PRICES YOU WANT SATEt.' Oual circuit jyjterti become should one brakings inoperative. B nd rear nw)v •Stab"'"' diract'O™ 1 cornering and respu stability A mm UNIVERSAL CARS PRIVATE LIMITED 45.52.59 Orchard Road. Singapore 0923. Tel: *****1, *****2, *****8. 237. TelokKurau Road. Singapore 1542. Tel: *****94-5-6. Another New Showroom at: World
      85 words
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  • Article
    Axing them the right way
    356 6 THE concept of "last in, first out" (LIFO) was a general principle of retrenchment procedure agreed to by employers, unions and the labour authorities back in the 1960s when the Employment Act was being drawn up. But in practice many employers with the understanding and
    356 words
  • Article
    Time to outgrow spoon-feeding
    301 6 DR AHMAD Matter's call to local contractors to change their obsolete organisational structure and employment practices is a timely warning to an industry which has for too long depended upon willing hands to turn in the profits. But the problem is not merely one of attracting
    301 words
  • Article
    Lock icon THE NUCLEAR INCENTIVES
    1166 6  -  By RICHARD BURT NYT FIVE YEARS after India detonated what it called a "peaceful nuclear device," doubts are growing in official circles that the US and other nations can prevent an atomic arms race between India and Pakistan. The May 1974 underground test by India reawakened- international
    NYT  -  1,166 words
  • Article, Illustration
    Lock icon A smugglers' haven
    685 6  -  By MALLIKA WANIGASUNDARA Depthnews JUST recently, a rare albino cobra, reputed to be the only known specimen in captivity, was stolen from its glass cage at Colombo's Dehiwala zoo. The police were informed and customs authorities mounted a check at the i Katunayake airport. The rare cobra
    Depthnews  -  685 words
  • Article
    REAL WAGES
    215 6  -  Letter to the Editor Koh Ling Hoo Dear Sir, I refer to the article "Real Wages will rise> by 12 pc" by Lee Yoke Meng (B.T. 20-8-79). It is erroneous to make such a statement. Actually, money wages (income) will rise by about 12 pc, while real wages
    215 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      84 6 rr~, A *9 A collection o m Sc E 171 nmmiiuiMm Bands in attendance The Shang Constellation singers. Silvia Roan Rahimah Rahim lon Bar Beer Note Don't forget, you can try as many as 20 different brands of beer from all over the world at our Beer Festival. ($3/- each
      84 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1222 6 A MINDLESS STING THE Great Hmet retaras with Ids Mi entirely eatertalalag sting- Pew «f the dramatised cartoon strips «f this geare were really saecessfal, and certalaly aaae of these made far TV eaa cam pare with the aaperh Sapermaa film. Bat switch en to Chaanel S at lAS if
      1,222 words
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  • Article, Illustration
    Lock icon Copier competition
    871 7  -  First there was only Aero™ then Savin Corp, IBM,! Eastman Kodak and nowi the Japanese (such asl Sdfe|JDdCanon). Fierce' the. seems a certainty, repoW PETER SCHUYTEN. PETER SCHUYTEN NYT 2tHE US$B billion (5117.6 billion) office-copier market may be in for a tfiange. A number of sigjiificant product announcements
    NYT  -  871 words
  • Article, Illustration
    Lock icon A drab public housing flat for US$100,000
    803 7  -  By ANDREW HORVAT AP i IN 1978 a Japanese worker t assembled nearly five times as many cars as his American counterpart and rolled 10 times the amount of steel as a worker in Britain, but the Japanese had to pay eight to
    AP  -  803 words
  • Article
    STRAWS IN THE WIND
    292 7 IT SEEMS hard to believe, but there is apparently no one who can say how much **land Singapore has reclaimT'ed so far. A colleague attempting to find out the number of re- claimed hectares was totally r «frustrated even the Ministry of National Development -was unable
    292 words
  • Article
    Lock icon The Japanese can share Western business secrets
    669 7  -  FORUM With NICHOLAS LESLIE FT OBSERVERS of management practice have for many years been preoccupied with trying to uncover the secrets of Japanese industry's success. No single clear answer has emerged, yet many commentators continue to suggest that industry in the West could
    FT  -  669 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      140 7 w* J&jF x F 4 I----' W&m&mhi i r- a i Hi 'M M .4 f w& V W 1 m ill >i "Wi THESE EYES WERE WITNESS TO A RECORD BREAKING EVENT Those eyes saw us sell over 22,500 copies of HER WORLD in July 22,530 to be exact.
      140 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Reliance Electric stocks in limbo
      478 8 NYT THE FATE of 15 million shares of Reliance Electric Co stock remains in the air as Exxon Corp continues its refusal to disclose whether it would go through with its USJI.I7 billion purchase of Reliance stock. Exxon's uncertainty about its responsibilities to Reliance stockholders
      NYT  -  478 words
    • Article
      Lock icon TOYOTA TERCEL ON U.S. MARKET
      123 8 AFP TOYOTA Motor C* Is to start sales of its front-en-gine, froat-wheel-drive (FF) car, Tercel, on the American market la October. The first shipment 3,Ml units of the l,s*cc 1981 model is scheduled for early next month. It is the fifth Toyota ear to be
      AFP  -  123 words
    • Article
      Lock icon General Motors to compensate creditors in the Philippines
      174 8 Reuter GENERAL Motors Corp the US will pay US$2O million to creditors in the Philippines this year following the winding up of some of its operations in Manila, industry sources said. General Motors was one of four participants in a Philippine car
      Reuter  -  174 words
    • Article
      Lock icon Scramble for seats on NY Exchange
      712 8 NYT ONE the most profitable investments this year has been a seat on the New York Stock Exchange. A seat recently changed hands (or US$2lO,OOO, the highest price since June 1972. One cost $75,000 in December and $50,000 last August. "Hie recent figure is
      NYT  -  712 words
    • Article
      Lock icon Repco reports record sales
      169 8 Reuter REPCO Ltd said its record sales of A 5396.48 million stemmed mainly from a I substantial all-round in- crease in demand and the first time inclusion of re- suits from Century Batteries Pty Ltd, acquired in June 1978. These factors helped Repco return a consolidated
      Reuter  -  169 words
    • Article
      Lock icon PHILIPS SEEKS TO BUY A STAKE IN GRUNDIG
      155 8 Reuter PHILIPS plans to form a German subsidiary Philips Beteiligungs GMBH to acquire 24.5 per cent of the voting rights in a limited partnership, Grundig Elektro Mechanische Versuchsanstalt Max Grundig Und Co Kg. which will also be set up and will hold
      Reuter  -  155 words
    • Article
      China Gas profit up
      83 8 HONGKONG and China Gas has announced a pre l tax profit of HKJI6.6 million for the six months ended June 30, an H per cent improvement over the same period last year. The company declared a second interim divided of 20 cents per share payable.to shareholder
      83 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      174 8 Where to wine, dine and entertain mm Sl*" 'jfy f*n!u .vv i ■MM l St V Food speaks at the Barons Tabic. Ihe B.ii< in> <if (>!(! h.ui the q!> >r;> >u"}<:t' ;r.iiisf<irnitn>j nie<ii-. mt<> feasts Ihe B.i> Dible is in>different I<H «i .1« >k> .is K\iut;fu! :1 tastes )>!:ncm.'
      174 words
    • Advertisement
      Page 8 Advertisements Column 2
      132 8 For sushi. For teppanyaki. For other authentically Japanese delights. Open daily 12 noon 3pm 6 30p.m. 10.30 p.m. For reservations call ***** 77 onHir} I'ark Silwinloii Siiis£ii|>ort* SHERATON HOTELS AND INNS WORLDWIDE Nass»m Hill Singapore 1025 HUGO'S LUNCHEON SIDEBOARD Sei yrxirown [*ke (aim«i dishes a wan yrxjanlxSklefjoard Toll tlx* waiter
      132 words
    • Advertisement
      Page 8 Advertisements Column 3
      73 8 See Page 4 for Asian stocks m-i y Jr I Jtippan-Mi Steak Hrnse Mino-Q Try our Teppan-Yaki steak In our cosy, personalised atmosphere A truly mouth-watering delight And a time that you'll remember. Business Hours: Lunch 12.00 noon 2.30 p.m. Oinner 6.00 p.m. 10.30 p.m. TEPPAN-YAKL s V* *0 1
      73 words
    • Advertisement
      Page 8 Advertisements Column 4
      166 8 Take a new look at the Harbour Grill. Treat yourself and your business associates to an excellent lunch selected from our superb offering of choice CIS prime beef, our daily Nouvelle Cuisine specialities or let our executive Chef. Leo Waldemeier help you pick a menu that will make it a
      166 words
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      Page 8 Advertisements Column 5
      76 8 Merlin's New Grill Room It's elegant, comfortable and quietly opulent, with a menu that will delight the discriminating. Our Businessmen s Buffet (Mondays to Fridays) offers a fabulous spread. There s Prosciutto Crudo. Gammon Ham. Cold and Grilled Lobsters. Baked Crab. Fillet Mignon Bernaise. Tournedos Rossini. Sherry Trifle and lot
      76 words
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  • BANKING AND FINANCE
    • Article
      Volcker beginning to sound and act like Arthur Burns
      609 9 PAUL VOLCKER is beginning to sound and act more like former Federal Reserve chairman Arthur Burns. Over the weekend Mr Volcker once again emphasised that the battle against inflation should currently supercede other policy objectives. Yesterday, he confirmed that stance as
      609 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        393 9 TRADING in the foreign exchange market was dull yesterday due to the public holiday in Hongkong and London summer holidays. On the whole, the US dollar was stable and closed firmer against major currencies. Opening at 219.75/85 against the yen, the US dollar then saw support throughout the
        393 words
      • Article
        Australia/NZ
        63 9 AUSTRALIA NZ exchange NEW ZEALAND: Tn dnNa r AUg i i 19Reserve bank midrate: US dollar 1.1302 1.1254 ~o nnf > Sterling 0.5078 0.5012 1 Ninety-day air mail buying Trading bank indications: rates: Sterling 0.4543/0.4513 Sterling 0.5294 US dollar 1.0168/1.0068 US dollar 1.1699 Xl Ninety-day airmail buying Ninety-day forward
        63 words
      • Article
        PLR
        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
      • Article
        Asian $ rates
        177 9 Asian rates ASIAN currency deposit interbank rates as at close on Aug 27: US Dollars* Spot) Offer Bid 7 days 119/16 117/16 1 month 117/16 115/16 2 months 121/16 1115/16 3 months 123/16 121/16 6 months 12'. 12'• 9 months 12 II* 12 months 11 15/1611 13/16 SwFr*. Dmt. (Middle
        177 words
      • Article
        Gold
        264 9 THE SINGAPORE gold futures market was generally firmer yesterday compared with last Thursday's closing levels, dealers said. Opening quotations were marked up around US$2 on some covering interest and thereafter prices fluctuated marginally throughout the session, they said. Turnover, however, fell to 256 lots yesterday from 345 last Thursday
        264 words
      • Article
        Discount
        55 9 RANGE of prices offered by discount houses on Aug 27: Overnight 9% -y r A Call deposits 5' t r CMi| Buying Selling 3 month Treasury bills 5 i 5'j 3 month Bank bills 8'. 8'. 3 month CD 87/16 8 5/16 6 month CD 8 9/16 8 7/17
        55 words
      • Article
        Frankfurt
        55 9 FRANKFURT opening quotes on Aug 27: US ***** 90 (1.8277 84) Sterling 4 062 092 4 080 090) Can 1.5681 95 D F1 91.08 18 S Fr 110.32 44 Lit 2.238 40 F Fr 42.88 94 N Kr 35.99 36.39 B Fr (Con) 6.239 45 B Fr (Fin) 6.008
        55 words
      • Article
        Asian $ FRCDs
        184 9 Asian FRCDs INDICATIVE prices of Asian dollar floating rate certificates of deposit for selected issues for the week ended Aug 23: Bid Offer Dal-Ichl Kangyo Bank 11-7/16 17/11/80 99-. 100'. BNP 1130/1/81 99. 100'. Bank of Tokyo 1127/2/81 99 100'. Mitsubishi Bank 11-7/16 16/3/81 99-13/16 100-1/16 UOB 11N 5/4/81 99-9/16
        184 words
      • Article
        Tokyo
        127 9 THE US dollar for overnight delivery yesterday closed firmer at 220.20 yen, compared with 219.80 at the opening bell and 219.30 at Friday's close, despite modest central bank intervention, dealers said. Trading was moderate with volume amounting to US$5B7 million. Dealers said the Bank of Japan sold a small
        127 words
    • Article
      CHEM ASIA LEADS $59m LOAN FOR ATLAS
      168 9 CHEMICAL Asia Limited, as manager and agent, announced today the signing of a US$27 million (Sss9 million) loan to Atlas Consolidated Mining and Development Corporation, the largest copper producer of the Philippines. Other managers of the syndicated loan are Bank America International Group,
      168 words
    • Article
      North Korea to settle trade debts with Japan
      233 9 NORTH KOREA agreed to repay Japan its trade debts totalling 85 billion yen by 1969. Japanese traders said the agreement, expected to be initialled next Tuesday in Tokyo and signed in Pyongyang in October, followed nearly 40 days of negotiations between a
      233 words
    • Article
      Floating rate issue from Tokai Bank
      285 9 THE Singapore branch of Tokai Bank yesterday issued its second floating rate negotiable certificates of deposit in the Asian dollar market for US$2O million. The issue will have a three year maturity period. DBS-Daiwa Securities International Limited is the lead manager for the issue,
      285 words
    • Article
      Lock icon A firmer Hongkong dollar
      931 9 Reuter LAST WEEK'S dramatic increase in Hongkong's prime rate to 14Vi per cent from 13 per cent is expected to cushion the HK dollar from further serious deterioration to the year-end, but there will be no let-up in fundamental pressures on the currency, senior banking sources
      Reuter  -  931 words
    • Article
      Lock icon US economists pessimistic over Fed remedies
      542 9 NYT AS THE US Federal Reserve Board has acted to push up interest rates in recent weeks, economists in both industry and government are beginning to warn that higher rates alone are not going to cure inflation. According to Mr Lawrence Chimerine, chief economist
      NYT  -  542 words
    • Article
      Lock icon Japan to cut back on national bond issues
      115 9 Reuter JAPANESE Prime Minister Masayoshi Ohlra said be hopes the government will discontinue issuing deficitcovering national bonds by fiscal 1984, ruling Liberal Democratic Party officials said. Mr Ohlra said at a political seminar in Shizuoka, central Japan, the amount of national bonds
      Reuter  -  115 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      235 9 THE INTERNATIONAL LAUNDRY, DRYCLEANING AND FABRIC CARE EXHIBITION. 30 JAN. 2 FEB. 1980. WORLD TRADE CENTRE. SINGAPORE. The last lew years have seen a sudden upsurge m the demand for more efficient and sophisticated laundry and drycleanmg services in ASEAN, brought about by rapid industrial and social development The offshore
      235 words
    • Advertisement
      Page 9 Advertisements Column 2
      151 9 Tblfo TOKO OFFSET 81(V810L Desktop, offset duplicating machines that give a wide range of applications from simple leaflets to elaborate, highclass printing. Simple and time-saving! rv li TOKO MASTERFAX B-4S A reliable, desktop electrostatic device for offset platemaking One touch is all it takes! Manufactured by: Tokyo Aircraft Instrument Co.
      151 words
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  • Article
    BUSINESS DONE ON THE SES AND KLSE
    1153 10 In Singapore BID and otter prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted
    1,153 words
  • Article
    Unit trusts
    157 10 SINGAPORE I NIT TRI ST S'pore Growth Fund 1.11'. 1.17'j (Managers' prim i tar Awg 28) INCOME BOND UNIT The Commerce 2.07 2.20 (Carnal pr Ice*) The Saving Fund 1.37 1.45 Income Bond 1.12 LIT S pore Prog Fund 0.97 1.02 S'pore Sec Fund 166 1.76xd S pore
    157 words
  • Article
    SHARE INFORMATION SERVICE
    2585 10 Gr's Gr's Net 1979 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr fOOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 239 -1 15.0 2.2 6.2 12.2 12 240 238 196 123' Alcom 196cd 10.0 1.3 5.1 26.1 148 110 Allied
    2,585 words
  • Article
    Government bonds
    119 10 4 1/2% 1/8/80 (250.000) (99 608 99 70S) 4 3/4% 15/9/80 (250.000) <99 808 99 70S) 5 1/4% 1/3/81 (290.000) <98 238) 5? 15/4/81 (2S0.000) (97.558) 8 1/4% T F 15/4/91 (250.000) (100.258 100 3&S) 6 1/4% T F 15/7/91 (250.000) (100.258 *****S) 6 1/4% T F 15/10/93
    119 words
  • Article
    In Kuala Lumpur
    1493 10 BID and offer prices officially lifted 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 Arm* (2.358 2.405) Alcaai (1) 1.99 (1) 1.98 cd Ales Held
    1,493 words
  • Article
    COMPANY MEETINGS
    178 10 WORLDWIDE Holdings Bhd: AGM and EOGM to be held at Room B-l, Basement Floor, Bangunan Ingeniur, Jalan 52/4, Petaling Jaya, at 10am on Aug 29. Malayawata Steel Bhd: AGM to be held at the Negara Room, Kuala Lumpur Hilton, Jalan Sultan Ismail, Kuala Lumpur on Aug 30 at
    178 words
  • Article, Illustration
    Stocks take a fall in dull trading
    631 10 IT WASmiM mi Ml Exchange ef SkgapHf yeoterdajr. Pitm teaM eastInvestors rNttawd to sta> m the riiettMi, hoping for aa ImpnvemMt la the overall tread. Smm aaaJysts are ef the epiaiea that the do wa tread seen lately is merely a technical correction
    631 words
  • Article
    Down across a broad front
    495 10 SLIGHTLY weak conditions ruled on the Kuala Lumpur stock market yesterday, causing prices to dip lower across a broad front. Losses were marginal in most cases but selected issues featuring light suffered heavy price cuts. A handful of counters nevertheless bucked the downtrend to close
    495 words
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  • COMPANY NEWS
    • Article, Illustration
      Island and Peninsular takes cautious view of prospects
      957 11  -  By DAVID CHOW ISLAND and Peninsular Development has injected a note of caution into its forecast of current year performance, although demand for its houses continues to be good and prices for palm oil produce have been fair so far. Chairman Datuk
      957 words
    • Article
      Austral is confident of satisfactory results
      444 11 AUSTRAL Enterprises, the 79.7 per cent-owned plantation subsidiary of Island and Peninsular Development, is optimistic of maintaining a satisfactory level of profit this year. This forecast, made by chairman Datuk Yeap Hock Hoe in the annual report, is evidently based on prevailing palm oil
      444 words
    • Article
      TALAM MINES LOOKS FURTHER AFIELD
      380 11 TALAM Mines is considering whether it should mine other areas which were previously thought uneconomical now that its only mine is nearing the end of its profitable operations. This decision, however, will depend on whether the present attractive tin price levels can be maintained, chairman
      380 words
    • Article
      DIVIDENDS ANNOUNCED
      465 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year M Tobacco 12.8% I Jul 31 Aug 11 Aug 30 12.8% 43.6%<a) G 1 Hldgs 20% Jul 25 Aug 1 Aug 31 35% P Electric 10% Jul 25 Aug 1 Aug 31
      465 words
    • Article
      SCRIP ISSUE
      117 11 Company Particulars Ex Date Books Close N SOP B Semb E A I U M W Hong Leong I'AC I'OB Bonus Issue of 3 for 2 Bonus Issue of 3 for 1 Bonus Issue of 1 for 2 Bonus Issue of I for 3 Rights Issue of 3
      117 words
    • LATEST RESULTS
      • Article
        SIME DARBY London Ltd:
        73 11 Unaudited group net loss of £944,000 (profit £1.61 million) on turnover of £104.86 million (£120.43 million) for the year ended June 30. Net loss is after extraordinary profit of £143,000 (£752.000) and loss of £413,000 (nil) because of goodwill written off in a subsidiary company. No
        73 words
      • Article
        TRACTORS Malaysia Bhd:
        18 11 Unaudited group net profit of MJ32.7 million ($25.9 million) for the year ended June 30.
        18 words
      • Article
        PUBLIC Textiles Bhd:
        30 11 In- terim dividend declared of 5 per cent, tax exempt (nil) for the year ending Dec 31, payable on Oct 18 to shareholders registered on Sept 24.
        30 words
    • Article
      Lock icon Rights on target
      413 11 ajtDSCL^ HOCK LOCK SIEW AVID readers of this column will remember that some three months ago, we wrote about a likely "further issue of shares" by plantation company, Kulim (Malaysia) Berhad. The company fulfilled this expectation yesterday when it announced a rights issue of one-for-five at $1.30
      HOCK LOCK SIEW  -  413 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      227 11 Darby Sime Darby Holdings Limited HIGHLIGHTS OF PRELIMINARY ANNOUNCEMENT OF THE RESULTS FOR THE YEAR ENDED 30TH JUNE, 1979 Sf M an extremely rewarding year of strong. consistent progress with profits again setting new records PRE-TAX PROFITS up by 24% to a record M$ 219 million 9 DIVIDENDS-up 25% to
      227 words
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  • Article
    Govt is studying proposed diesel price increase
    485 12  -  By FOO CHOY PENG THE GOVERNMENT is studying proposals by oil companies to increase the price of diesel as a means of alleviating the current shortage but has yet to reach any agreement with the companies. The proposed diesel price rise was brought
    485 words
  • Article, Illustration
    NEW FORD TRUCK RANGE
    224 12 FORD Motor today introduced a new range of trucks from Japan the new Ford Courier pickup and the new Ford Trader truck. The managing director of Ford Singapore, Mr DHCollis said: "We are delighted to have the new Courier and Trader to complete our existing truck
    224 words
  • Article
    Strike cripples Thai port
    126 12 A STEVEDORE strike on Monday brought Thailand's busiest port to a standstill, stranding 29 foreign freighters waiting to unload their cargoes, port officials said. Anti-riot police moved into Bangkok's Klong Toey port area to prevent violence in the strike by more than 5,000 dockworkers. Labour Department
    126 words
  • Article
    Why trainees shun construction work
    393 12 OBSOLETE organisational structure and employment practices in the construction industry are to blame for its inability to attract trainees. This was pointed out by Dr Ahmad Mattar, Acting Minister for Social Affairs and Minister-in-charge of Vbcational and Industrial Training Board (VTTB), at a conference on
    393 words
  • Article, Illustration
    Lock icon FINAL FAREWELL TO ERAQI
    62 12 Emotional Muslim supporters carrying the casket bearing the body of Hajl Mehdi Kraqi, a close aide of Iran's unofficial lender, Ayatollah Khomeiny, and financial director of the Kayhan newspaper, before bnrinl at Qom, the Ayatollah's headquarters south of Teheran. Haji Eraqi was killed, along with his
    Source: UPI photo  -  62 words
  • Article
    Express Delivery Service to Egypt Sri Lanka
    210 12 THE Postal Services Department will inaugurate the Express Delivery Service to Egypt and Sri Lanka on a reciprocal basis effective Sept 1. A Speed post service will also be introduced to Bahrain from the same date. The Express Delivery Service, which provides for
    210 words
  • Article
    The outlook for process control equipment
    336 12  -  By KOH TSE YING SOUTH-EAST Asian demand for industrial process control equipment valued at about US$5l.6 million in 1977 may expand by up to 18 per cent annually in the next five years. Speaking at the opening of the Industrial Process Controls Exhibition yesterday,
    336 words
  • Article
    Lock icon Jakarta bank scandal
    172 12 AFP THE Indonesian government is being confronted with a monetary scandal that may affect the confidence of foreign creditors just restored following the monetary crisis in the state oil company Pertamina, bank sources in Indonesia said yesterday. The scandal, the second after the Pertamina affair, involved an
    AFP  -  172 words
  • Article
    Urgent need for Malaysian Merchant Act
    254 12 THE increase in general freight rates between Peninsular Malaysia and Sabah and Sarawak by operators of coastal vessels amplifies the urgent need for the implentation of the Merchant (Amendment and Extension) Act 1977 to give the Malaysian government a say in such masters. As
    254 words
  • Article
    Bid to increase annual leave fails
    345 12 THE Industrial Court in Kuala Lumpur has ruled that it has no power to improve a benefit granted by an employer to employees beyond what has been provided for by the Employment Ordinance. "The court must agree with the submission by counsel for the
    345 words
  • Article
    US banks raise prime by a half-point
    385 12 CHASE Manhattan, Bank of America and Citibank have raised their prime lending rates (PLR) by half a point each from 8.75 to 9.25 per cent. Effective since last Saturaday, the increases form the latest in the series of interest rate rises implemented over
    385 words
  • Article
    URA sale may create 11,500 jobs
    304 12 THE current seventh Urban Redevelopment Authority (URA) sale of sites programme will produce a total of 3,600 hotel rooms and create 11,550 jobs if all 21 sites offered are developed. These figures were disclosed yesterday by the Parliamentary Secretary (National Development), Mr Lee Yiok
    304 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      63 12 m Outlook for Singapore from 6 a.m. to 1 p.m. today: Isolated showers from late morning. Report for 84 hoars prior to 1M p.m. on August 27 at the airport. Maximum temperature 30.5 Associated humidity 69 Minimum temperature 24.6 Associated humidity 92 Hours of sunshine 4.00 Rainfall in millimetres Trace
      63 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon LNG orders
        92 13 Reuter PETROLEO Brasileiro SA, Petrobras, said it ordered three liquefied natural gas (LNG) carriers costing a total U5549.5 million (SsloB million) from Mitsui Engineering and Shipbuilding Co Ltd. Each carrier will be able to carry 6,000 cubic metres of liquefied gas. Petrobras receives a 12year financing and will
        Reuter  -  92 words
      • Article
        Lock icon Strikers seek court ruling
        79 13 Reuter THE employers of about 250 tugboatmen on strike in the port of Rotterdam asked the district court in Rotterdam to rule that they return to work immediately. In summary proceedings, counsel for the employers, two subsidiary firms of the Smit International Towage Co, asked the
        Reuter  -  79 words
      • Article
        Bombay port's turnover
        77 13 THE port of Bombay increased its turnover by 4 per cent to Rssl6 million (Ssl2B million) last year although its operating surplus fell dramatically by 20 per cent to Rslll million, according to its annual report for 1977 1978. The Bombay Port Trust describes the year as
        77 words
    • Article
      Five missing in tanker explosion
      480 13 THE 28.836 dwt oil tanker Cherry Duke exploded and sank off the Abu Dhabi coast on Sunday with the ioss of one seaman and five others of its 46-member crew missing. A spokesman of the Singapore-flag vessel's manager Norse Management said the survivors 40 crew
      480 words
    • Article
      APL to move to new premises
      197 13 AMERICAN President Lines (APL) will move its South Asian area headquarters and regional office to new premises at 0.C.8.C. Centre in Chulia Street from Sep 1. The California-based ocean carrier company has acquired office accommodation on the 28th and 43rd floors of the Centre
      197 words
    • Article, Illustration
      Thai customer at Sembawang
      227 13 SEMBAWANG Shipyard recently added another Thai customer to its list of international clientele, when the 5,006-deadweight ton dredger sand carrier, NARAI was docked at the yard for repairs. Built in 1971 by Mitsui SB Eng. Co. Ltd.. NARAI, owned by Billiton Thailand Ltd, was towed to
      227 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2814 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 of
      2,814 words
    • Article
      INDEX
      499 17 Shipping Line Page Col ACS n 5 Afea IV 3 Alpac TV 5 Angkutan V 3 ANL I 1 APL m 2 Arya Nat n 5 ASCL m 1 Asia America II 5 Asia Merchant n 5 Atlas IV 4 Aust.Cont IV 5 Bank III 5 BBS n 2
      499 words
    • Article
      Container Schedules
      912 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
      912 words
    • Article
      Indecision blocking the Greek airwaves
      1057 18 GREECE has joined the EEC and in doing so. has brought with her as part of her dowry, a merchant fleet which Mr Raymond le Goy, director-general for transport of the European Communities' Commission, has described as "an asset of high value... an invaluable gain
      1,057 words
    • Article
      Lock icon Revival in parcel tanker newbuilding
      1072 18 Fairplay THE parcel tanker fleet appears set to enjoy substantial newbuilding activity some twelve months earlier than operators, until recently, had dared expect. The reason behind this about-face in the fortunes of what was just another unhappy albeit small sector of the world tanker fleet,
      Fairplay  -  1,072 words
    • Article, Illustration
      Lock icon Russia's highly profitable inland river fleet
      776 18 APN THE aggregate length of Soviet internal navigable waterways is 146,000 kilometers, the longest' in the world. Twenty thousand kilometers of them are canals and other hydrotechnical structures. The Soviet river fleet consists of fast hydrofoil passenger ships, comfortable mptorboats, various barges, ore carriers
      APN  -  776 words
    • Article, Illustration
      SHIPS IN PORT
      408 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Selasih (Tanke) (after Shoryu Maru shifts-) 15/16 Bunga Bindang (1300) 19 Feng Tao (after Nantao) 1/2 Golden Eagle (0600 subject freeboard) 23 Ibn Al-Atheer (after Astra Peak) 35/36 Nantao (1830 hauls after Chidambaram sails) 1/2 Nedlloyd Napier (1900 after Nantao hauls)
      408 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      612 13 SHOFUKU LINE IH 1 Full Container Service Straits f Taiwan Japan See Page IV Column 3 for Sailings tr m r SPORE AGENT SHOFUhU AGENCIES (SI PTE LTO 20TV HOUR OCEAN BUILDING. SINGAPORE 1 MAPKE T'NG *****2 !3 L'NESI GENERAI *****1 (14 I INES> TELEX RS "Wi 35 2S%fe A
      612 words
    • Advertisement
      Page 13 Advertisements Column 2
      277 13 t SI SEA LOR I) ANTAH m UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF WEEKLY MULTI-PURPOSE SERVICES S'pore loading for SN AL ATHEER I m p 0 rt Mina Qaboos (8/9). Dubai (11/9). Doha (13/9). Dammam (16/9), Kuwait (19/9) BN BAJJAH 4/9 Dubai (18/9). Abu Dhabi (21/9). Bahrain (24/9).
      277 words
    • Advertisement
      Page 13 Advertisements Column 3
      372 13 k m NEPTUNE ORIENT UNES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAINERISED SERVICE 10 [MOTE tvi* SUEZ): Sport N PLARI 129 Aug C ROZE 2 Sept K lACEWON 9 Sept H* CONIAJNCR IS Sept MERCATOR 22 S«pl 2 0 CHIEF 28 Sept C CONTAINER 9 Oct I SS BRtOGE 116
      372 words
    • Advertisement
      Page 13 Advertisements Column 4
      689 13 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. MAERSK LINE For US Pacific. Pacifcc North W*st CaH I Atlantic. East Canada and Meuco (Also accepting tor Hongkong Taiwan Japan and Korea) i 'MY ,11. ,VtZ rrr^i Mother Vessel AXEL MAERSK* ARNOLD MAERSK y.i 1.1
      689 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      856 14 FU.Lt CONTMOBED TO OMOK Toluo Eiprets Ktwhm Bay Mm Mm (tail Kara o*aka Bay BenaMer Hautef Eipess Lnrorpoet Bar Tokyo Bay Cardfcan Bay Takie Eipreti EXPRESS CONVENTIONAL TO EUROPE S'pore P Keiant Pan Bfcao GtnM H'bwj Bremen Rdam Antwerp EthaßS 23/8 27/8 22/9 30/9 28/9 26/9 Maißs 27/8 28/8 30/9
      856 words
    • Advertisement
      Page 14 Advertisements Column 2
      408 14 Hp M/M »/21 S* H/20 23/24 3* 23/24 S* 25/21 5* 24/25 Sep 30/30 W 21/27 Oct 1/2 Oct 4/5 hr To. US ATLANTIC US GULF fc EAST CANADA Twntr M 31/S«p 1 A«C 20/30 Nov S Oct 13 Oct 2f Nn Not 19 Oct II Oct 31 Hp* Nw
      408 words
    • Advertisement
      Page 14 Advertisements Column 3
      783 14 EVERGREEN LINE 1 fflß [AST FUROPt FXPRfSS FUll CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG FELIXSTOWE. ROTTEROAM. ANTWERP IE HAVRE ALSO ACCEPTWG CARGO FOR UNITED KMGDOM SOUTHAMPTON LONDON. MANCHESTER. BIRMMGHAM BRISTOL. LIVERPOOL GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM ipmf (tatart UNWN limUM iU# n S«p* 1 Oct 4OH SOrt OOct
      783 words
    • Advertisement
      Page 14 Advertisements Column 4
      1051 14 1 Everett Lines! urma Five Star Shippini Corpn. 'BURMESE NATIONAL LINE' LOADING FOR RANGOON HTANTAVYM 31/2 Sept B.F.S.S C Agents m Moloysio TEPS MALAYSIA fort Kflong Tat (38>-7355 P«oong Te( *****/***** Compania Ar|«ntina 0* p, Navt|acion Intarcontincntsl S. A. C.I. F. J "ARGENTINE NATIONAL LINE" LOAOMG FOR DURBAN. CAPETOWN, BUENOS
      1,051 words
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      Page 14 Advertisements Column 5
      765 14 T mo.s.E. i OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHENTON WAV MISTR. ROAD SINGAPORE 2 TEI *****44 7 *****70 IQI SANKYO LINE AUSTRALIA SERVICE MAT HUNCE KYOTEN MAM). MAY CARP Loadnt far MEL. WQ SYD SYO, Ma. AOEL BANGLADESH SERVICE 10/14 Sept CUTTAGONG. CHALNA
      765 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      1099 15 Overseas M M B u Containers Limited Weekly service to/from UK/Europe To UK/Continent Spare Tetue Ciprrts n Aag Xeedeen Bay ftasuga Hani 5 Sep 22 Sep 24 Sep 25 Sap 27 Sep 21 S«p Osaka Bay 11Sep 13 S* 3 Oct 5 Oct CM < Oct 1 Oct Btnaidar 19
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      Page 15 Advertisements Column 2
      828 15 GRANARD LINE Granard Shipping Agencies (S) Pie lid Tel *****77 (5 Linen 0«n s Trading Sdn Bh<J Shipping Trading Eoterprises > F, Franco Belgian Services f AR f AST FRENCH SERVICE \&ITH BELGIAN FAN EASTERN „f ACt CONSOR fU(M FULL CONTAMERSHP SERVICE TO EUROPE. SINGAPORE P KELANG Le Havre R
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      Page 15 Advertisements Column 3
      843 15 BEN LINE CONTAINERS EXPRESS CONTMO SOTWtt TO/FWM EUWPE TO MHOT S port P Wm| Germany/Austria AM Teka Uamt 29/8 I*/* 21/1 1,. 30/1 15/1 17/1 On 5/1 24/1 Inn Mn 5/1 22/1 24/1 Osaka bl U/1 12/1 >/11 5/11 •MMW 11/1 21/1 1»/1» 12/11 1 Kanfctf I Eipress 26/1 27/1
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      Page 15 Advertisements Column 4
      376 15 r Scan Dutch *9 EH33H£GaaEgg!gGaßaffiß| Lvj vn:»ni:i>i iw >7in wrfsn:M r?l DlWn 2) Mm 11/1 IM iyt tvl 2vi aa l/M 7/1# Vll IVII ivu n/u 23/11 21/1# wn .4/11 l«/» 21/1 2Vf tl/% Vll Vll */ll U/M 14/14 11/11 23/1# 21/1# a/ii t/u VU 1/11 EASTBOUND FROM MED/UK/NC/SCANDINAVIA '1)
      376 words
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      Page 15 Advertisements Column 5
      754 15 BOUSTEAD SHIPPING AGENCIES LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Moble, Houston, Galveston) MALLORY LYKES (bath). MASON LYKES (toads).... Singapore P. Ketang Kuantan US GtM 13/14 Sep IS/17 Sep 19 Oct 27/28 Sep 24/26 Sep 3 Nov U.S. WEST COAST SERVICE (Honolulu, San Francisco, Portland, Vancouver 8.C., Seattle
      754 words
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      994 16 > K LINE KAWASAKI KISEN KAISHA, LTD. EUROPE EXPRESS SFR /ICE TO EUROPE S pore P Kelang l Havre R dam H'borg Bremen A »erp N PEARI IfiW 29 Au« C RO/E 15W 2 Sept K JACEWON4W 9 Sept HK CONTAINER 17m lb Sept MERCATOR 13VK 22 Sept 29 Aug
      994 words
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      Page 16 Advertisements Column 2
      857 16 U.S.A./EAST CANADA SERVICE Pe«ang Betaaan P Heiang Sjngipwf t.C./GREAT LAKES SERVICE LOADMG FOR KN TQM. NORFOLK MONTREAL. TORONTO. ASHTABULA Penang Bela«afl P IM»t Stigapore CALIFORNIA/PACIFIC NORTH WEST SERVICE Laadhg tar: lOS ANGELES. SAM nUNCSCO. SEATTLE. TACOMA. VANCOUVER. B C Petiang P Kelaog Singapore I. Angelas "S.O. tCBMUVA" I/Z Oct 3/4
      857 words
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      Page 16 Advertisements Column 3
      575 16 S A(Jrcnii) SINGAPORE SHIPPING AGENCIES PTE LTD 2CTH FLOOM OCMN Building Singapore I MARKETING *****2 i 3 LINESi Gf VfAl *1J111|1«I JEIE* RS 2459S RS 2SS6B A B CARSMIP C4Bi E CARG ■i LINES' OSH.P CD Itcifimial Container Lint's WEEKLY CONTAINER SERVICE to/from BANGKOK DSR-LINES^L ill f*r Eur opt S
      575 words
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      Page 16 Advertisements Column 4
      756 16 mm 5 INTfPNA TIQNAI SHIPPING CORPORATION BfRHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BOUWh Abe Acceptor far: 1) Barcelona Genoa 2) Amsterdam Ant«*ro I Havre Bilbao Basle UK J) Bremen Biemenhaten Aartws Copenhagen Helsinki 4) Malmo Stockholm Oslo 'Accepting Europe cargo lor teeder via S pore EAST BOW): 1>
      756 words
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      Page 16 Advertisements Column 5
      807 16 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE KCK intar f,,Un lMd AEGIS IW»C WB4B 5 Sep 1 Sep Avon (UK) Tilbury ATLANTIC HERO W64BA 14 Sep 19 Sep AvorMlMt Tilbur'y Bou logne Antwerp NORASIA (*650 25 Sep 29 Sep Avon (UKi Boulogne Antwerp Agents Singapore MTRASEA (fTt) LTD *****11 BOOKMG
      807 words
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      166 17 CELTIC BULK CARRIERS I \t iirut ln,h Shipping I f>l Regular Bulk Service For Timber Plywood Gfiwai Marathon United Agency Pte Ltd Spore Tel: *****66 (3 ines) SuMteni-. Manful Shppnt Service* Sdn Bhd: IX. Id. 4W071 P. KHang TtL 3M103 LIAN SOCN SHIPPING TRADING CO (PTE) LTD 101 nth Fi00«
      166 words
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      Page 17 Advertisements Column 2
      224 17 KANNIYELL LINES MALAYSIA SINGAPORE BANGKOK SERVICE 6m* Kawi VI Cm— Kaai ¥2 Guwnj Kawi V 3 Bamkok In Pt/2S Au« 7/10 Sep 24/27 Sep S«tapore 31 Au( 14 Sep 1/2 Oct Port KeUng 3/4 Sep Sne*« 17 Sep 5/6 Oct Banttok 7/10 Sep 24/27 Sep 10/13 Oct Managers SYARKAT KANNVELL
      224 words
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      Page 17 Advertisements Column 3
      50 17 p* €*prm+4 i£td AUSTRALIA SERVICE ETA ETD LOADING FOR: SUN DIAMOND 20 Oct 22 Oct Sydney/Mdbowne/ Adelaide/Fremantte SINGAPORE/KHORRAMSHAH SERVICE ETA no M.V. TOPAZ EXPRESS 15 Sep 17 *«P Central kfrntt Gulfeast Shipping Pte Ltd Suite 704/706. Ocean BuiMtngfCoUyer Quay. Singapore 1. Tel *****3 (10 Lines) Flttf UNI-OCEAN CONTAINERS (PTE) LTD
      50 words
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      Page 17 Advertisements Column 4
      98 17 i ALFRED C. TOEPFER SCHFFAHRT Express Rtpix Service To D«bai M OCEAN SOVEREIGN 27 Au( JO An TBN 2?S«pt 26 S* Owners Representative Office Tel No *****33 *Cf NTS «CW (MOT TMOMC 1 SHTTMC PTE ITO 2004. 20th Fk M*» Ml Tww. Swjjpor. 171) Boakni (Met Ttf No 2MM9I I
      98 words
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      Page 17 Advertisements Column 5
      168 17 NOTICE r i AL\ lOAH SHIPPING CO. M.\ .<• I Kl ANO ADH r\ Ol IJ-" M URVn \OV. arrtirtf n.K.7» al PPW (.udoHD m tleneral survey on damaged largo discharged ex the above vessel will be held on Wednesday 29th August 1979. as from 9 00 a.m. to 12.00
      168 words
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      Page 18 Advertisements Column 1
      47 18 TRUCONTAINER EXPRESS INTERNATIONAL (S) PTE LTD Suite: 1311 SHAW TOWER, Beach Road. SINGAPORE 7 Regular Container Service accepting FCL/LCI Cargo for Australia Sydney, Melbourne, Brisbane, Adelaide, Sri Lanka Colombo 1 Call *****81 Container leasing services HICCU CONTAINER FLEET J MANAGEMENT SA T Transcontainer Leasing S.A. (Specialised Equipment)
      47 words