The Business Times, 19 September 1979
1979-09-19
1
18
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The Business Times
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Title Section12 1979-09-19 1 BUSINESS TIMES M.C.(P) No. 1«/1/7J WEDNESDAY, SEPTEMBER 11, iv 79 50 CENTS12 words
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BRIEFLY...
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Article72 1979-09-19 1 AFP TOKYO, Tues. Asean may possibly take joint military action to defend Thailand if that country's security is endangered, the mass circulation daily Asahi Shim bun reported today, quoting Japapanese foreign ministry sources. The sources disclosed to the newspaper last night that they had obtained information toAFP - 72 words
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Article74 1979-09-19 1 UPI TOKYO, Tues. Japan will soon start the first national stockpiling of liquefied petroleum gas to cope with the impending oil shortage and to check market prices of oil products, government sources said Tuesday. The Ministry of International Trade and Industry basically decided Monday to set up aUPI - 74 words
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Article39 1979-09-19 1 AP LONDON, Tues. The price of gold jumped more than US$22 to hit an all-time high of $375.75 a troy ounce at mid-day on the London bullion market. The noon price in Zurich was $373.50.AP - 39 words
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Article86 1979-09-19 1 Reuter SAN FRANCISCO, Mon. An extradition hearing set today for Singapore financier Amos Dawe was postponed again when a US Magistrate said he was not yet ready to hear the case. Dawe, 44, faces charges in Hongkong of conspiracy to defraud, publishing a false statement and two chargesReuter - 86 words
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Article57 1979-09-19 1 Reuter KUALA LUMPUR, Tues. Two islands, one off the East Malaysian state of Sabah and the other off Singapore, have been designated an "Asean quarantine ring" to prevent diseased livestock being brought into the region. Minister of Agriculture Datuk Shariff Ahmad said today the decision was taken atReuter - 57 words
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Article79 1979-09-19 1 AFP TOKYO, Tues. Japan's industrial production in July rose 1.1 per cent over the previous month, the Ministry of International Trade and Industry (Miti) said today. According to the revised figures of the ministry, the index for industrial and minings output in July stood at 134.1 against 100AFP - 79 words
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Article69 1979-09-19 1 AP NEW YORK, Tues. Stock prices dropped sharply this morning as investors reacted to the largest one-day increase ever in the price of gold and worried about higher US interest rates. The Dow Jones average of 30 industrials was down 8.10 to 873.21 in the frrst half hour.AP - 69 words
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Article135 1979-09-19 1 Rises Temerloh 410 102 Ayer Hitam Tin 1430' 20 C Sugar* 281 14 Tan fhong 388 12 Magntfm Corpn 438 8 M Breweries 575 5 lnchcape Loan no 4 U I C 334 2 Intraco 302 2 M Glaaa 218 2 M Flour 182 2 V E135 words
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Article, Illustration155 1979-09-19 1 Rises Temerloh 430 30 C Sugars 280 11 Tronoh 935 10 Bedford 440 10 Tan Chong 384 08 Supreme Corp 165 +07 Minsec 690 06 Falls Gold Coin 250 -14 Rahman Hyd 460 -12 Batu Kawan 230 -11 Esso Ord 520 -10 Guinness 570 -10 K Kampar 410155 words
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Article, Illustration593 1979-09-19 1 RAHIM KASSIM - DEAL 95 pc CONFIRMED By RAHIM KASSIM A SINGAPORE company is currently negotiating to build a luxurious floating hotel for Sri Lanka. The hotel, costing about $20 million, will have about 250 rooms and will be comparable to five-star hotels in Sri Lanka. If593 words
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Article169 1979-09-19 1 PRIME Minister Lee Kuan Yew told President Suharto that Singapore is interested in investing in Batam island if it is allowed to manage the construction of infrastructures on the island, Antara news agency reported yesterday. The agency quoted Indonesian Secretary of State Lieutenant-General Sudharmono as saying that the169 words
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Article, Illustration536 1979-09-19 1 THE COST of living in Singapore turned further upwards in August but the increase was moderate enough to suggest that the overall inflation rate this year will be well under 5 per cent. The Consumer Price Index (CPI), which measures the cost of living, rose536 words
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243 1979-09-19 1 STOCKBBOKING firm Awntohii Aslaa Seearlties (AAS) bi ru afaal sf tke Stock Exthugt sf Singapore (BES) to attcmpttog to eaavert tram a ptrtaenfelp toto a private United Mopaay. It kas bees entered by tke SES to Immediately Its aewlyV registered eampaay, A.A-Seeartttea Pte243 words
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492 1979-09-19 1 MANO SABNANI - By MANO SABNANI HWA HONG Manufacturing Company, a recent newcomer to the stock market, has been taken to task by the Stock Exchange of Singapore for failing to disclose vital information and could have so caused the creation of a false market in492 words
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Page 1 Advertisements
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Advertisement20 1979-09-19 1 whatever you need in menswear,get Rat... MOHANS DEPT STORE (PTE) UD. 321. Orchard Road "W *****22 (nM to Mandarin HoM)20 words
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Advertisement56 1979-09-19 1 Hi 1 FRATA FRATA NEWS S m AS AGENTS WE ARE PLEASED TO QUOTE COMPETITIVE FREIGHT RATES FOR SHIPMENTS FROM SINGAPORE .TO 4 BANGKOK FOR FURTHER DETAILS APPLY TO:MR. TAN KAY HOCK MRS. JUDY TEO MRS. CHEW LEE LEE FRATA SHIPPING PTE. LTD. Suite 801,8 th Floor, World Trad* Centra,56 words
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Advertisement50 1979-09-19 1 SOXAL to Mid HggMt km SINGAPORE stock market reWHAT if wrcag wttfc Ike stock JOHN Tm m Eagßek tiMntktm 1 INDONESIA pstoed tor riplflMAS stock tone expected mml. c—l gtewlk It FIJGHTB f, TV AND RADIO f, CROBSWOBD f, WHOLE TO WINE AND DINE I SHARES It, COMPANY NEWS U50 words
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Advertisement291 1979-09-19 1 Business FOR A PEOPLE a WHO MATTER (MMRon i The A 5 is a superb accounting system If you run a Imsincss, you nuLst read this ad. No matter what size business you run, the amazing Olivetti A 5 Electronic Accounting System will increase efficiency and profitability, economically. The Olivetti291 words
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TRADE AND INDUSTRY
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306 1979-09-19 2 JOHN LIM - By JOHN LIM Singapore Oxygen Air Liquide (Soxal) will have the largest industrial gas plant in South-east Asia when its new $14-million oxygen plant becomes operational late next year. The new oxygen plant, which is expected to arrive next June, has a 150-ton a306 words
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283 1979-09-19 2 MORE than 30 experts in finance, accounting and tax from six countries will speak at a three-day conference "The 1979 Asian Corporate Finance Conference" at the Shangri-La Hotel from Nov 26. Jointly organised by Business Tlmesand the Institute for International Research, the conference will cover283 words
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Article, Illustration129 1979-09-19 2 THE AUSTRALIAN Sporting Goods ud Leisure Equipment Display which ended last Thursday achieved sales worth $14,•M aad prospective orders worth $143 The largest order was for 5M children's wading pools placed hy a department store with Stem's Play land. Besides good sales, manufacturers were also successful In129 words
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Article104 1979-09-19 2 AN electronic data processing system that will aid India in its land management, agricultural and climatic planning through the use of date received from earth-orbiting satellites has been delivered by Ford Aerospace and Com- munications Corporation. The computer system was delivered to the National Remote Sensing104 words
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167 1979-09-19 2 STATISTICAL agencies put In (ewer requests (or technical assistance (rotn the National Statistical Commission (NSC) in the last financial year. This is a reflection of their growing maturity and experience in handling statistical projects, the latest NSC annual report said. The report also revealed that167 words
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Article73 1979-09-19 2 THE Singapore Institute of Standards and Industrial Research (Sisir) will conduct a course on weldinq inspection from Nov 5 to 9. The course, designed to assist quality control staff, surveyors and inspectors, will be held at its lecture room. Preference will be given to applicants sponsored by73 words
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Article350 1979-09-19 2 NICHICON (Singapore), a newly-established capacitor manufacturer, plans to double its investment in about (our years' time, including setting up a new factory. The company is currently producing 10.5 million pieces of aluminium electrolytic capacitors a month. Production began in May this year. It expects to350 words
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410 1979-09-19 2 MARGARET THOMAS - By MARGARET THOMAS A LOCAL manufacturer of knock-down furniture has won a $1.3 million contract to supply wooden fittings for a bousing project in the Arab Republic of Yemen. The Tam pines factory of Jefferson Boyd (S) will now concentrate on producing about410 words
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Article, Illustration149 1979-09-19 2 PHILIPS Singapore will start marketing a new range of energy saving floureseent tubes, called the TLD series (abave), from early next year. A Philips spokesman said the 26-mm diameter tubes can help reduce energy consumption by 10 per cent. Three TLD models have been developed to replace the149 words
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Article448 1979-09-19 2 A NUMBER of investors already Involved In resource-based industries in Peninsular Malaysia is looking for joint venture partners from Malaysia and abroad (including Singapore) to launch other resource-based projects. As a service to readers, the registry of potential local Investors lasted with the Malaysian Industrial Development Authority as448 words
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Page 2 Advertisements
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Advertisement148 1979-09-19 2 With Pakistan International Airlines, ife just like Coming hOnflG Every Tuesday and Thursday, Pakistan International v Airlines leaves Sinpanore at nm fnr Kararhi There's nothing better. Every Tuesday and Thursday, Pakistan International Airlines leaves Singapore at 9.40 p.m. for Karachi direct. With almost immediate connections onto Athens, Amsterdam, Frankfurt, London,148 words
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REGIONAL
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THE REGION IN BRIEF
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Article479 1979-09-19 3 Agencies SOUTH Korea's trade deficit of US$3.B4 billion (558.26 billion) in the first eight months of this year more than tripled that of the corresponding period last year, the Economic Planning Board has reported. The deficit resulted from $9.39 billion worth of exports and $13.23 billionAgencies - 479 words
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317 1979-09-19 3 PENINSULAR Malaysia's log imports from Sabah and Sarawak will be insufficient to overcome timber shortage in wood processing industries in the peninsula. This is despite the abolition of the 15 per cent import duty and 5 per cent surtax. Malaysian Primary Industries Minister Datuk317 words
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Article, Illustration48 1979-09-19 3 UPI Mr Nixon, former US president, being received at the airport in Beijing upon his arrival on Monday by Mr Huang Zhen, Chinese Minister of Culture and former Chief of the Liaison Office of China in Washington. This is Nixon's third visit to China. UPIUPI - 48 words
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212 1979-09-19 3 AFP CHINESE Vice Premier Wang Zhen has disclosed China's four principles for reversion of Taiwan to mainland China, calling for no condition but alternation of the name of the country and its national flag. According to a Kyodo report from Beijing, Mr Wang announced thisAFP - 212 words
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367 1979-09-19 3 UPI CHINA pledged on Monday to welcome foreign investment and guarantee "legitimate profits" during the communist state's massive modernisation programme in the *****. Chinese ambassador Chai Zemin, in his first major speech since his appointment 13 months ago, said the "development of friendly cooperation*UPI - 367 words
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Article233 1979-09-19 3 UPI THE Philippines and Taiwan should settle the issue of overlapping claims for a 370-km economic sea zone by negotiations. Saying this, Philippine solicitor general, Estilito Mendoza, added that his country's declaration of a 370-km economic zone is no more than a national affirmation of a stateUPI - 233 words
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402 1979-09-19 3 THE Malaysian national petroleum company Petronas has been urged to contribute at least one per cent of its monthly revenue to finance research on alternative energy resources. The money should be distributed to research institutions universities, which at the moment collectively receive only402 words
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252 1979-09-19 3 AFP THAI Premier Krtugnk Ckmaau, la hie e»parity as Flaaaee ftflalster, aaaiMtri a aew package sf fiscal bmimm aimed at retteviag the earreat tight meaey dtiittai. Mviap aai revive the stack market aai flaaarr eempa■les were a—aed after a tap-level mwflag chaired byAFP - 252 words
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Article61 1979-09-19 3 AFP Reuter SENIOR executives of seven major Japanese steel manufacturers will tour China from Oct 25 to Nov 11 to Hicfngc china's heavy industry'modernisation programme with officials there, it was announced in Tokyo. The seven steel makers are Nippon Steel, Sumitomo Metal Industries, Kawasaki Steel,AFP; Reuter - 61 words
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Article, Illustration455 1979-09-19 3 AFP AUSTRALIA'S Minister for Foreign Affairs, Andrew Peacock, strongly supports proposals to cut substantially import protection on Australian manufacturing industry to help nations in Asia and elsewhere. Delivering the Menzies Memorial Lecture at Monash University in Melbourne this week, Mr Peacock said that theAFP - 455 words
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249 1979-09-19 3 AFP CONSTRUCTION work is underway at Hongkong's offshore Lantau island on the US$5OO million Discovery Bay development project. The largest and most comprehensive residential and recreational project ever undertaken in Hongkong will cover 680 hectares, said the project's developers. Hongkong Resort Co. The project envisagesAFP - 249 words
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Page 3 Advertisements
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Advertisement52 1979-09-19 3 World-time at a glance! Calculating efficiency at a touch! H M t? 38 SSp, CT-550. so vital for the decision-makers! Both the CT-550 and CT-660 pocket and desk-top calculators respectively are products of great distinction bv SHARP. Other versatile features are: Calendar. Stop Watch. Clock. Watch and Calculator. h "iir52 words
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Advertisement69 1979-09-19 3 XJ tsingtao the beer on every drinker's "p 5 MOT Tsingtao beer is distilled from the sparkling mineral waters erf Mount Laoshan in China. There's abundant goodness bottled up in Tsingtao... The goodness of the finest barley and hops and mineral waters. Come, taste the difference in Tsingtao beer. t69 words
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RAW MATERIALS
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464 1979-09-19 4 BUFFER STOCK Reuter AN international buffer stock system would be the most comprehensive, effective and equitable way of reducing excessive price fluctuations for cotton, says a United Nations report. The report, by the secretariat of the UN Conference on trade and Development (Unctad), estimatedReuter - 464 words
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Article138 1979-09-19 4 Futures closed mixed in Chicago on Monday, holding gains up to 5 US cents a bushel while losing as much as 4'/i cents. Late local and commission house liquidation of long positions brought beans away from earlier gains, traders said. Weakness in soybean oil futures near the close also138 words
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Article68 1979-09-19 4 Futures closed 3to 5 3 /< US cents a bushel higher in Chicago on Monday, traders said. They said gains were tempered late in the session by hedge selling. Locals became late sellers as well. Floor sources said two exporters Were outstanding sellers of the December contract on the68 words
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Article191 1979-09-19 4 THE SINGAPORE market closed slightly lower yesterday with October One RSS buyers quoted at 278.50 cents per kilo, down 2.75 cents from Monday's close, dealers said. Morning prices were marked down about 2.25 cents on lower London advices and some selling, they said. Afternoon values eased further on some191 words
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Article298 1979-09-19 4 R.A.6. prices in cents per kilo yesterday: Noon (per Ulo) Buyers Sellers Int. 1 R.S.S. prompt l.o.b. 279.75 280.75N Int. 1 R.S.S. October MO.25 280.75 Int. 1 R.S.S. November 283.00 283.50 Int. 2 R.S.S. 273.50 274J0N UK/Coot ***** 273.50N Int. 3 R.S.S. 270JO ***** UK Coot 289.50 270.50N298 words
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Article102 1979-09-19 4 NOON SSR and SMR pncaa ymt aniay: SSR 20 SSR SO (1-ton pallat) (1-ton pallat) (Cvnat MU) Bayara Sallara ***** 265 SON 260.50 262J0N For- .rd M Ik 1 Buyara Sallara ***** 28&JON 280.50 262JON MRKLB SMRCV SMRL SMRGP SMR 5 SMR 10 SMR 20 SMR SO102 words
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Article58 1979-09-19 4 THE STRAITS tta price la m—l Ml MS* per pica] JZ^ycsfarlie market, bswever, ill |CMf«oy steady ea eeatftaaed baying (rem all ssarees, partteahurly Jaaaa aai the US, aai alas dee to steadier Lesdss advice*, they said. Tstal tarasver sf tia sres delivered dnrnas ed slightly to m tosses58 words
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Article32 1979-09-19 4 Rubber Sept 18 Singapore: October: 278.50 cents (down 2.75 cents) Mslsysis: October: 278.75 cents (down 2.25 cents) Tin: MS 1,9 20 (down $2) Official offering: 206 tonnes (down 12 tonnes)32 words
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Article131 1979-09-19 4 THE SUGAR futures market yesterday continued the recent quiet trend with no trades registered, dealers said. Nearby October closed at 10.10/12 US cents against Monday's 10.14/20 close with distant September at 11.88/ 96 against U. 92/98. The cotton market closed firmed la cotlaued quiet trading, dealers said. October131 words
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Article361 1979-09-19 4 TRADING conditions remained generally quiet and the trend was mixed in the Singapore produce market yesterday. fluiinew transacted was minimal, there being a complete withdrawal of foreign buyers for most oI the commodities. Pepper dealers were idle for want of proper price indications from the leading markets in361 words
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Article326 1979-09-19 4 SINGAPORE: Yesterday's closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent drat class (Kangaroo) new crop 0 100 per cent second class 0.83. 100 per cent third class 0.80, 25 per cent m* crop no stock, B-10 per cent 0.70 THAI BROKEN: A*uper 0 62, Special326 words
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Article193 1979-09-19 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) CsttM yam: China Blue Phoenix 20i 2.300 3k 2,850, 40s 3,070 (per bale of 400 lbs). Piece pifc: China Butterfly and Clot* brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article622 1979-09-19 4 ALUMINIUM: Down £8.5 (or and £7 for threemonths yesterday morning. The market drifted lower under scattered liquidation which took three-months down to £727 in the ring from £734 in the early (remarket. At the same time, the backwardation narrowed to £4 compared with £6.5 Monday afternoon. Sales 1200622 words
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Article75 1979-09-19 4 C J.F. North European ports, In US dollars per ton unless otherwise stated. LONDON: mr Moa Previous Malaysian 5% ffa bulk per tonne 642.50slr November unch Sumatra 5* Ha bulk 652 50slr *****slr/650pd September October 655 00s lr 650 00slr November 650 00slr 655slr/650pd December mniif 655slr'ft50pd January75 words
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ASIAN STOCKS
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Article485 1979-09-19 4 TOKYO ENERGY and resourcerelated issues were bullish yesterday but trading was still sluggish.Trading-house issues and shipping stocks were generally higher. Market interest in these issues appears to have been revived, supported by the feeling that these stocks might have tested their recent lows. On the other hand, quality485 words
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Article250 1979-09-19 4 THE stock market closed mixed yesterday, with gains in the majority in quiet trading, dealers said. First Trust rose 8 baht to 165, Commercial Credit 5 to 147, Dusit Than! 8 to 238, Mah Boonkrong Drying and Silo 6 to 322 and Capital Trust, Slam Credit and Siam Cement250 words
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Article122 1979-09-19 4 THE market closed lower across the board yesterday, though turnover rose to 11.79 milliofi pesos from Monday's 10.22 million, dealers said. The only gainers were Benguet Con B, Basic Petrolem and Oriental B while Lepanto B, Phil Overseas, Pogei, CDCP, Meralco and PLOT lost ground. Unchanged issues included Atlas122 words
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Article325 1979-09-19 4 THE MARKET moved higher 'again yesterday with interest being diverted from HK Land to Jardine Matheson which shot up 50 cents to $12.00 in very heavy trading. Although blue chips were only marginally better, utility and shipping shares, after a long lapse, were very strong. A land auction in325 words
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Article285 1979-09-19 4 NERVOUS selling dominated the market yesterday in reaction to the record performance of the past week and the All Ordinaries index eased 5.84 points to 670.93, dealers said. Oversea buying was reduced, awaiting local buyers action. Companies with South Australian interests were again highlighted. SEPT U Cenu INDUSTRIALS A.285 words
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Article61 1979-09-19 4 FINANCIAL TIMES INDUSTRIALS H.K.HANG SENG Monday 440.0 Tuesday 406 JO Friday...... 487.7 Monday- 9WJ7 Wttk Ago 475.0 Week afo 940j06 DOW JONE8 AVERAGE INDUSTRIALS SYDNEY INDUSTRIALS Monday 881$• Tuesday 538.38 Friday m in Monday ***** Week mil Week a«o 531.74 LONDON DOLLAR PREMIUM Monday.. .32 to 32'* Friday61 words
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Page 4 Advertisements
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Advertisement27 1979-09-19 4 Last yearweserwdtwo thousand eight hundred First. The worlds leading airfreight airline. Call *****21 or contact your local lATA cargo agent. Flying Tigers is a Tiger International Company.27 words
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OVERSEAS
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538 1979-09-19 5 NYT. AMERICAN President Carter is expected to nominate Robert Hormats, Deputy Assistant Secretary of State for Economic Affairs, and Michael Smith, the administration's chief textile negotiator, as deputies to Reubin Askew, who has been nominated to be the Special Trade Representative. AdministrationNYT. - 538 words
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Article, Illustration56 1979-09-19 5 The sequence of pictures show Mr Jacqnes TUlier from the French magazine Minute being shot and wounded by French gangster number 1, Jacques Mesrine. The Journalist was supposed to Interview Mesrine, but was shot by the gangster as an example for a story published on him InUPI photo - 56 words
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Article472 1979-09-19 5 Mr John Riccardo, Chrysler Corp's 55-year-old chairman and chief executive officer, said he would ask Chrysler's Board of Directors to grant him early retirement, effective immediately. Mr Riccardo's decision came as a surprise. Although he had previously announced that he intended to step down by year-end and472 words
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Article696 1979-09-19 5 ARRIVALS Service Local Operator Number Time From GU GA944 1055 PKU GIA GA906 1100 MES UB UB231 1115 RGN THAI TG423 1125 BKK PAL PR501 1135 MNL SIA SQ63 1155 MNL GIA GA982 1200 HLP SIA SQ240 1210 MES SIA SQ201 1245 HLP MAS Wilwl 1245 KCH696 words
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388 1979-09-19 5 UPI US HOUSE of Representatives and Senate conferees, working to meet a two-week deadline, reached agreement on Monday on a compromise version-of the bill to implement the Panama Canal treaties. The treaties go into effect on Oct 1 and the bill is needed to setUPI - 388 words
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Article167 1979-09-19 5 THE US trade deficit will show some short term improvement this year but the long term outlook is not bright, under secretary of commerce Luther Hodges told the Senate Banking Committee. Mr Hodges said the US trade deficit should fall to about US$25 billion this167 words
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Article77 1979-09-19 5 THE US intends to go ahead with setting up an emergency intervention force, General Edward Meyer, the new army chief of staff, said. By the start of next year, he hopes to have established a headquarters staff for a force of a maximum 100,000 troops77 words
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615 1979-09-19 5 NYT AFTER six years of suffering in virtual silence over the skyrocketing price of oil. the world's poorer nations have persuaded the Organisation of Petroleum Exporting Countries (Opec) to agree to negotiations on pricing and supply. This move by the developing nations, whichNYT - 615 words
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WORLD IN BRIEF
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Article387 1979-09-19 5 Agencies. THERE was no indication from the British delegation on the entry of sterling into the EMS or a timetable for this, Irish Finance Minister George Colley said. He said after a meeting of EEC finance ministers that the six-month review of EMS is complete and theAgencies. - 387 words
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132 1979-09-19 5 THE Kuwait News Agency said that Kuwait, Saudi Arabia and Qatar were selling unspecified quantities of their oil on the spot market at prices of 50 per cent above those set up by the Organisation of Petroleum Exporting Countries (Opec). Opec met in132 words
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Page 5 Advertisements
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Advertisement97 1979-09-19 5 r mmm U.S. OPEN AT FLUSHING, MEADOWS N.Y. CLASH OF GIANTS ON DECOTURFH TENNIS COURT SURFACE. I W v~ '-v I ;V 1 m I; ;Vv* ■.V"J DecoTurf II The Playing surface selected by USTA for the 1978 1979 U.S. Open at Flushing Meadows: ALL WEATHER SURFACE NON-GLARE COOL COLOUR97 words
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Article391 1979-09-19 6 INFLUENCED by foreign news reports of galloping inflation, there are probably many Singaporeans who believe that the case will be the same here. Visions of double-digit inflation rates must have plagued the minds of many businessmen while individuals, though far divorced from the intricacies of CPIs391 words
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Article315 1979-09-19 6 THE only surprise about the SES finding it necessary to query the discrepancy between the recent interim results of Hwa Hong and the company's apparent forecast when it went public back in June is that the authorities delayed until yesterday to do so. Our Hock315 words
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Article1751 1979-09-19 6 MICHAEL THOMPSON-NOEL - By MICHAEL THOMPSON-NOEL FT. IT IS 8.55 am. On the 44th floor of the Time and Life Building, in the executive suite of Interpublic, Philip Geier is calmly sipping coffee and talking in the carefully modulated tones you would expect of the man who sitsFT. - 1,751 words
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Article711 1979-09-19 6 JOHN MORRISON - By JOHN MORRISON Reuter. RUSSIANS are up in arms about the case of the vanishing vegetables. In the Soviet Union's main market garden areas, the fields are full of juicy tomatoes, peppers, marrows and other summer crops. There are luscious table grapes, pears and apples hanging from theReuter. - 711 words
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Page 6 Advertisements
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Advertisement125 1979-09-19 6 a 'JWM ■zxc. *9 r ssr V. r! Wl MJVS \-j£ Draw a crowd to a sale or sell a drawing of a sale. Leisure Times is right on target For as little as $15. you can sell a house, fetch a good price for an antique or talk about125 words
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Page 6 Miscellaneous
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Miscellaneous1220 1979-09-19 6 TV RADIO Waste not, want not S, Ml pai tar fresi Dea't Ask He, and tkc Dm pat. itoright the ton h repeat to*). ktve aw i the Dwjr and Marie rrtkleai. "What A taiiahil a W*h" centres m reey- wheel, Mi late <*■ Cmligkiß aii the pain iln take1,220 words
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Article, Illustration1315 1979-09-19 7 AHMAD D. TALIB - PORT OF KUANTAN A third independent consultant will be engaged to formulate the necessary repairs needed for the damages at the Port of Kuantan. Malaysian Prime Minister Datuk Hussein Onn has pointed that the damages are "mainly technical and maybe solely technical." The port's opening has been1,315 words
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Article1108 1979-09-19 7 WIRASAK SALAYAKANOND - The strained relations between General Kriangsak and Thailand's labour force have deteriorated further with the sharp jump in the prices of prime commodities, reports WIRASAK SALAYAKANOND. However, the government has decided to increase the wages of workers to 45 baht a day, effective next month. WIRASAKDepthnews. - 1,108 words
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1059 1979-09-19 7 JOHN TAN - [FORUHJ With JOHN TAN IT IS not often that a Singapore Cabinet minister speaks casually on issues which are vitally-impor-tant to Singapore. Yet, that is what recently-ap-pointed Defence Minister Mr Howe Yoon Chong has chosen to do. Brevity is always a welcome asset1,059 words
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Page 7 Advertisements
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Advertisement257 1979-09-19 7 Now! The Buku Merah offers you an ever more effective way of selling your products and services In the Buku Merahs pink pages, classifieds business section It pays to be listed in the Straits Times Directory of Singapore. Singapore businessmen have known that for the last 82 years and that257 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article187 1979-09-19 8 sep n n* abn 234.00 •1 Ahold MJO 0J AlUO ajo -02 AMEV too JO unch Amfu 111*) •l7 Amrc Bank 70J0 41 Bergoaa mjo unch 102.00 2 Boll 66-30 •J Borcumij mjo -2J Burhminn 62.30 -0J Byenkorf 73.70 -0J Calve Delft 174. TO -0J Dell MtJ 101 JO187 words
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Article252 1979-09-19 8 SEP IT r» COBBKILLC Air-Uquide B S N Qerra* Danonc C>r (Thotnsonr.f> CM Frencaise M Pelrotae 50* no M6 *10 unch -10 -4 Compefnle Financiere Comimnlt Oenerale Credit Foncter n» France 3TBJ0 SM 0J 10 Haeheue(Librmlrte) aa >1 Mac nine* Bull Mlchelin (B) out MB 1.5 2 Partha. Pechlney252 words
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Article169 1979-09-19 8 BMP 11 Dm Ml-TikfnUM Akao Alls Lebto 4SJ0 x«o OOJO -04 -05 ♦s AOs V«fi mm •u BASF Btr H T Wbtnk IS. 16 mat ♦ai Bay Vbtnk sr IB. 40 ♦ot HMO -05 BMW lojoe 1 -1 riiwiiu 348 00 ♦1 Chem Mtrm moo CoonMnttnk MX ConU Oumml169 words
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Article173 1979-09-19 8 SEPT 11 1 'rancs Actions Suisses Alusulsse Br SI 1300 unch 10 Alum is— RCf Brown Boecrt Br. WO •1 1H0 Ciba Orifj Br. Clb* Otto r C 1250 1030 unch Unch Clba Octnr Rm Credit Bute* Br ■ycc 1 at >25 Credit Suisse Ret Btkintitt Br. Oeorfe rise173 words
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Article81 1979-09-19 8 sep i? m FORWARD MARKET Aeat 410 .10 AfM Mt 1'; i F m -a I 1 1 1 F5 41* ITS UK MBC EM Elecuotel aaoc >rh Or* Hobo* u« mo &130 1 ■30 Rjrl Dutch Stdro tm 10K 17* MB 1 15 t 1 unci) 1 181 words
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Article76 1979-09-19 8 SEP 17 Un Anfa- A<aoc den M BM -1 -MB Butoci •N Central* MM an -M -M i? •US in ptt an -M Itaieeawnu lulgaa ***** —So IU|MU M Pt Ml Marvlll Ere ktodlob UlnUna MondaOorl m 4311* BSM -M uncb MotU BIO CMIvt IW Oim pn mn UM76 words
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Article165 1979-09-19 8 SEP 11 CI A MUM W* Mean 5Mm a Bank Moot M Bank Mom Scot* M uach MA Omrp BP Can Ud 11 fc s Cumc In» PI Caritac OHe* ft ->» -1* COM B»U» Con* lUrtwnor unch Doa TV H aa* S -IS m n Ol West UK165 words
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Article302 1979-09-19 8 SEP IT RtnO INDUSTRIALS A Alpha ITS Abcrcom AK And CI art 483 •j unch AMIC Biiiovt MB MO unch T ar~:Cum* rtnanc* Dt Baan Ind T50B 3006 103 unci) Ucon ZZ «oo -IS Edfui Ewreedy mm PKd Volt ZZ so unch ru|tt OkTdlUl Qlentnl Ortitmn Hippo HlveM Huletta302 words
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Page 8 Advertisements
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Advertisement148 1979-09-19 8 Where to wine, dine and entertain Come, 'sample' an experience!, DOLPHIN 1 CAFETERIA •m. .'I World Trade Cen you musnfl ■m mmn r. ir.7. in mmm A. V U 1 f***<s J* I II II II i i<n d<> in>t kin >u u !i.it Metzgerspezialitaten II S tlllll V.I >|l148 words
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Advertisement141 1979-09-19 8 for lunch. For dinner. for a richly rewarding experience. n j i ciHun I'urk ?Sl»«'i*a»toii r i il A S LI NCI ILK SIDLBOAKI) i (>ur» a% i) >•« <' <* >i in 1m -i (lisjy-S.IW.MI V< HI.H si< k'! »vin f I <il tt v \\<»il< r uh<il <141 words
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Advertisement69 1979-09-19 8 See Page 4 for Asian stocks e See Page 9 for NYSE prices I I <4 V s imcse s i loou >* ft 41 nnlrl V. IH" K pit V- B »t M v V Hvuse AHah r riijs*' »M 1, is r 24 hours service Kings Coffee House69 words
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Advertisement144 1979-09-19 8 I m r j i I tw Jj i Savour the true flavours of Singapore in cool, exotic, tropica! surroundings at the new look Hin's Heavenly Cookhouse. Choose from a whole variety of local foods like Murtabak, Steam-boat, Malay Curries, Noodles, Smoked Duck and Suckling Pig, Satay, Chilli Crabs Exceptional144 words
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Advertisement154 1979-09-19 8 Mil Merlin's New Tavern Bar It's totally new. Painstakingly furbished to create just the rightambience for you to unwind after a hard day's work, before dinner, or to round off a perfect evening. Enjoy happier happy hours from 5.00 pm to 7.00 pm. We have The Gypsies to entertain, a154 words
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BANKING AND FINANCE
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Article463 1979-09-19 9 THE US dollar continued to weaken generally against other currencies amid very thin trading yesterday. Against the yen, the US dollar initially took on a higher note at 223J5/65, compared with Monday's 223.15/30 close. But after the London opened, the US unit moved down to close around 223.40/50,463 words
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Article177 1979-09-19 9 Asian rates ASIAN currency deposit Interbank rates as at close on Sep 18: Closing Asian dollar certificates of deposit for prime names: 7 days 1 month 2 months 3 months 0 months 9 months 12 months US D*Hsrs<8Mt) Offtr Bid 11 19/*****3/16 12H 125/16 12*« 1211/16 131/16 1215/16 131/16 1215/16177 words
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Article22 1979-09-19 9 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 8.9 per cent.22 words
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Article48 1979-09-19 9 i I •8 «d by discount houses oa Sep 18: Overnight 3 5W% Call deposits 5W% Closiii Bsytu 8*Qi>( 3 month SH Treasury bills 5V« 3 month 8 3/16 Bank bills 8 5/16 3 month CD 8W 8H 0 month CD 8V« 8H Source: National Discount Co48 words
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Article56 1979-09-19 9 AUSTRALIA/NZ exchange quotes on Sep 18: US dollar -1.1248/1.1200 Sterling 0.5244/0.5173 Ninety-day air mail buying rates: Sterling 0.5468 US dollar -1.1678 Ninety-day forward buying rates: Sterling 0.5299 US dollar -1.1309 NEW ZEALAND Reserve bank midrate: US dollar 0.9960 Trading bank indications: Sterling 0.4638/0.4608 US dollar -1.0010/0.9910 Ninety-day airmail buying56 words
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Article342 1979-09-19 9 THE SINGAPORE gold futures market yesterday closed between USSISJO and US$l7.OO higher in nervous trading, dealers said. Total turnover was 468 lots compared with 400 lots overnight with interest mainly on December and February contracts, they said. December closed firmer at U*****.60/7.00 an ounce compared with U*****.50/90 overnight, February342 words
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Article238 1979-09-19 9 STERLING fluctuated nervously ahead of the August trade figures expected late yesterday, but on balance it maintained the recovery which set in late Monday, dealers said. The dollar was subdued with gold's rapid progress to yet greater heights helping to erode confidence in the currency, although signs that yesterday's238 words
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Article114 1979-09-19 9 THE US dollar for overnight delivery closed little changed at 223.60 yen yesterday, compared with a 223.40 opening and 223.70 at Monday's close, dealers said. Trading was moderate with volume at $768 million. After opening at the day's low, the dollar firmed to 223.95 yen in mid-afternoon on buying114 words
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Article221 1979-09-19 9 STERLING recovered marginally in late trading here on market expectations that the British unit would receive some central bank support when European centres opened yesterday, dealers said. It rose to U552.1535/45 from 2.1506/15 at the close of the morning session but was still below its 2.1565/80 New York overnight221 words
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Article462 1979-09-19 9 LEE YOKE MENG - SECOND DOMESTIC CREDIT By LEE YOKE MENG THE SINGAPORE Government is expected to make its second domestic borrowing this B*f*i year in two to three weeks' time. Money market dealers expect the Monetary Authority of Singapore (MAS) to issue around $3(***** million worth of government462 words
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421 1979-09-19 9 Reuter nnnnse THE International Monetary Fund said a survey of 76 of its members showed the proportion of sterling in their foreign exchange reserves fell to 2 per cent last year. This compares with 8 per cent in 19TO, it said in itsReuter nnnnse - 421 words
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Article231 1979-09-19 9 AFP. THE FINANCE ministers of the nine Common Market countries decided during a meeting that there was no need to revise the European Monetary System (EMS) established on March 13. French Economy Minister Rene Monory said that the EMS had functioned perfectly and that the obligatoryAFP. - 231 words
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Article1164 1979-09-19 9 NEW YORK THE STOCK market on Monday ended mixed in active trading despite a strong opening as investors grew cautious ahead of the Federal Open Market Committee meeting yesterday. Money market analysts said the avoidance of a United Auto Workers strike against General Motors probably will put1,164 words
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316 1979-09-19 9 PETROLEOS Mexicanoe Pemex, Mexico's stateowned petroleum agency, has signed an acceptance agreement for US$2.5 billion.(Sss.s billion) The agreement, for financing the export of crude oil and the import of petroleum derivatives, was signed with a syndicate of 66 international Knntrg with the316 words
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149 1979-09-19 9 UPI. THE SOVIET Union has sought an additional US$4O million in Japanese bank loans to finance coal development in the South Yakutsk region, steel industry sources aid. The Soviets also told Japan at the fourth JapanSoviet regular consultation meeting in Tokyo that it is planningUPI. - 149 words
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103 1979-09-19 9 Reuter MALAYSIA will float an 80 million francs 5 per cent 10year bond on the Swiss capital market from Sep 25 to 28, issuing consortium leader Swiss Bank Corp said. The issue price will be announced on Sep 25. Meanwhwile, The Bank of ChinaReuter - 103 words
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Article67 1979-09-19 9 Reuter JAPAN had a trade deficit of US$67O million in August, compared with a downward revised July surplus of $197 million and a $1.95 billion surplus in August last year, the Finance Ministry said in a preliminary report. Preliminary fob exports in August rose two per cent toReuter - 67 words
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Page 9 Advertisements
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Advertisement186 1979-09-19 9 T [V'j rrr THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE. SINGAPORE. 26-30 MAY 1980. Every year, thousands of new rubber and plastic products enter the market. Whether for use in industry or the home, every product reflects some new development in engineering or marketing expertise.186 words
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1202 1979-09-19 10 BUSINESS DONE ON THE SES THE KLSE In Singapore BID and otter prices officially bated 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. SECTION ONE INDUSTRIAL COMMERCIAL Acu (2.388)1,202 words
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Article160 1979-09-19 10 row APOftE UNIT TmOBT INCOME BOND UNIT (MiHfina' prima fcrSaptlt) (Camat pri The Commerce 2 07 2JD Income Bond 1.14 L The Saving Fund 1 36 1 44 S pore Prog Fund O B O.STxd S pore See Fund IN 1.K MAKA BUMIr VRA S pore Invest Fund160 words
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Article2654 1979-09-19 10 1*79 Gr*s Gr*» Net Laat Div Div YTd pre. Vol Day Sale +or- Cvr COOO) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 261 207 Acma 236 15.0 2.2 65 in 190 123 Alcom 196 10.0 15 5.1 26.1 148 110 Allied Choc 132 unch 8.4 1 1322,654 words
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Article112 1979-09-19 10 1/8/80 (250.000) (9R508 4 1/4% 18/0/80 (250.000) (***** *****) •W* IMI (250.000) (95.158 *****) 8% 18/4/81 (250,000) (***** 97 708) 5 1/1% 1/8/78-81 (*****0) (981 SB *****) S 1/4% 1/8/78-81 (250,000) (***** *****) 7% 18/4/88 (*****0) (*****8) 7% 1/8/88 (250,000) (*****8) 15/4/86 (*****0) (*****8) 8 1/4% T P112 words
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Article107 1979-09-19 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday, the period, bids and offered prices and business done, if any, with the number of options traded shown in brackets. ■aw Par (Sept $1.20) (0.248 O.2SS). Hi me P E (Sept -$1.60) (0.50B). laeheape107 words
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Article1335 1979-09-19 10 BID and Oder price* officially lifted Wad hwrtw la and reported to lite Kuala Lumpur Stock Exchange yeaterday with the number of shares traded shown la brackets la lots of 1,000 unita unless otherwise specified. MDUSTBIALB AJaiM.li (1) 100 Una (ÜBS) (2) 1.97 A Chae (UTS) AMD1,335 words
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Article191 1979-09-19 10 Soothers Kiata CmmUaM (M) BM: AGM to be held at Wisma Bunga Raya, 152, Jalan Ampang, Kuala Lumpur, today at 9.30am. Kaanatlag Tta Dredgtag (M) BM: AGM to be held at Wisma Bunga Raya, 152, Jalan Ampang, Kuala Lumpur, today at 10.00am. BM: AGM to Wisma Bunga Raya,191 words
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Article, Illustration727 1979-09-19 10 SHARE priees aaderweat slew eresiea la <atet Md hottut tradiag »t Ike Stack Exehaage af Siagapere yesterday. Baylag sappart coattaaed ta be seriaasly lackiag. la reeeat weeks, the geaerai teadeaey aaiaag lavestars kas inta ta lay eff freak commitments la the light af aaeertalaty la727 words
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Article544 1979-09-19 10 THE slow downward drift cotinued on the Kuala Lumpur stock market yesterday and prices again finished a shade lower. Losses recorded were, however, minimal, suggesting that there was no real selling pressure. Observers attributed the gradual decline to light liquidation by tired holders who were544 words
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COMPANY NEWS
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523 1979-09-19 11 DAVID CHOW - By DAVID CHOW AS FORECAST, Island k Peninsular Development has experienced a temporary slowdown in its mid-term earnings owing to the smaller number of houses sold during the six-month period ended July 31,1979. This could not be entirely offset by523 words
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Article769 1979-09-19 11 ASSOCIATED Plastics Industries (API) chairman, Tan Sri Taib bin Haji Andak, has painted an encouraging financial scenario for the company. He reaffirmed that prospects are looking brighter for this forlorn group which has been struggling since early last year to regain its leadership of the Malaysian769 words
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Article586 1979-09-19 11 Current Ex Book* Date Total for Total for Payment Date Cloae Payable the year Previoua year Ale* Holding* 6%(b) Sept 4 Sept 11 Sept 19 6% 5% Sg B«ai 350% Aug 20 Aug 30 Sept 20 520% 65% JC-MPH 10%<b) Aug 23 Aug 31 Sept 24 10% 10%(c)586 words
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Article152 1979-09-19 11 Company Particulars Ex Date Books Close U AC Bonus Issue of 1 for 3 Sept 5 NYA E A 1 Bonus Issue of 1 for 2 Sept 10 Sept 20 U M W Bonus Issur of l for 3 Sept 11 Sept 21 Tan Choag Bonus Issue of152 words
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274 1979-09-19 11 SOUTH Pacific Textile Industries' (SPTI) acquisition of the minority interests of Soutex totalling 4.02 million shares of $1 each at par in exchange for a similar number of shares of $1 each of the company, has been approved by the shareholders at the EOGM held274 words
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720 1979-09-19 11 SUNGEPBesi Mines Malaysia has sufficient reserves to sustain production of tin concentrates at current costs and favourable tin prices, at least until 1984. The extension of two years over the company's previous projections probably underscores the higher tin prices which make it720 words
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LATEST RESULTS
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Article51 1979-09-19 11 Unaudited group net profit of M 513.67 million ($11.29 million) (or the six months ended June 30 on total revenue of $47.72 million ($34.79 million). Parent company net profit was $13.10 million ($ll.BO million). Interim dividend was 5 per cent (same) less tax for the year ending Dec51 words
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Article55 1979-09-19 11 said it re- ceived for 5,111,233 new shares, representing 98.96 per cent of the 5,163,888 new shares to be issued through Its one-for-three rights issue. This leaves a balance of 52,655 new shares for which the company has received applications amounting to 386,751.' The new shares were55 words
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Article26 1979-09-19 11 Unaudited pre-tax profit of M 53.64 million ($1.26 million) on turnover of $2J>.77 million (121.30 million) for the six months ended June 30.26 words
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Article26 1979-09-19 11 Unaudited group pre-tax profit of $4.46 million (15.12 million) on turnover of $96.40 million ($83.38 million) for the six months ended June 30.26 words
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Article19 1979-09-19 11 shareholders have approved the sale of 4.52 million West Country Sdn shares at the EOGM on Sep 17.19 words
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Article307 1979-09-19 11 THE Malaysian government can help bumiputras more if it were to buy shares of existing bumiputra companies, instead of those in other established companies, and hold them in trust for bumiputras. Mr Mansor Abdullah, chairman of the Trade, Industry and Career Development Bureau, Umno Jalan Haji307 words
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570 1979-09-19 11 SOVRAN Industries expects current year group operating profit to drop slightly following the disposal of the assets and business of subsidiary Malaysian United Paper Products (MUPP) late last year, j However, chairman Mr Quek Leng Chan points out in the latest annua] report570 words
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Article474 1979-09-19 11 aaraaoQ mm™ by HOCK LOCK SIEW ONCE AGAIN, the Straits* Times industrial share index the blue chip indicator has fallen below the 400point level and gives rise to some concern among the investing public. What is wrong with the market? How much lower will it go before theby HOCK LOCK SIEW - 474 words
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Article245 1979-09-19 11 Date Last Full Year Company Period Announced Net EPS Grass Pre-tax last year (cents) Div. Profit <%) <**•••) Apollo I 30/8 14.8 7.5 4,353 Magnum Corp I 12/9 19.2 15.0 21,645 Fancy Tile I 14/9 8.3 1,010 Bo vis I 15/9 14,509 Leong Huat I 15/9 3.3 250245 words
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Page 11 Advertisements
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Advertisement122 1979-09-19 11 Fbr a Successful BANKING Career study with PI A MA NEI T OXFORD for the Institute of Bankers CONVERSION COURSE j i The duration of the complete Wolsey Hall Conversion Course is 26 weeks so enrol now for the December 1979 examination. Also available. Wolsey Hall Courses for the Stage122 words
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214 1979-09-19 12 THE HONGKONG visit of former Slater Walker bead, Mr Jim Slater, had its effect on the dramatic price rise in the Hongkong-quot-ed shares of King Fung Development Company Ltd. The former Haw Par Brothers International chairman Richard Tar ling said this yesterday when214 words
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Article, Illustration62 1979-09-19 12 Picture above shows the new-look Encik Othman Wok, Singapore's Ambassador to Indonesia. Clad in a sports Jacket and sporting a beard, he was among the send-off party (or President Suharto of Indonesia yesterday. Hie inset shows a picture of Encik Othman taken in ltn. Mr Suharto left Singapore62 words
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Article, Illustration463 1979-09-19 12 PRESIDENT Junius Jayewardene of Sri Lanka yesterday said not only will he support Singapore's stand on the Kampuchea issue but will also move it if there is any resolution on the stand at the United Nations. The visiting President was referring to Singapore's call, which463 words
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Article292 1979-09-19 12 THE PILE up of containers at the container terminal at Port Klang is building up at an alarming rate. Little progress has been made to clear up the congestion and some in-fight-ing has occurred among the parties concerned in the clearance. The number of containers (both 20 and292 words
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Article821 1979-09-19 12 LONDON, Tues. Gold shares and government bonds closed* higher after a quiet session with the August trade figures having little impact, dealers said. At 3 pm, the FT index was up 2.5 at 468.5. The fresh spurt in gold bullion prompted renewed demand for gold shares where gains821 words
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350 1979-09-19 12 Reuter THE BnM Uatoa ku received a mprnrnmt rebuff tr*m member* af Amu which apamed restate far warehlpa to vkft their parte. The PMHppiif Ptrdp Mlatotry a—a—ad that It had toned dm request far neh a vfctt this week by twe Sevtet warships •pentlagReuter - 350 words
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738 1979-09-19 12 Reuter A RECORD balance of payments surplus appears certain this year for Indonesia. And short-term economic prospects in general have been favourably altered by the rapid increase in crude oil prices, a report on ffte Indonesian economy issued by the US Embassy said yesterday.Reuter - 738 words
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Article343 1979-09-19 12 ONE of the first projects which the newly-formed Asean Federation of Electrical Engineering Contractors (AFEEC) is vying for is the huge Marina City complex project in Singapore, the federation's officials said yesterday. Towards this end, AFEEC is planning to form a consortium of Asean contractor to compete with343 words
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Page 12 Advertisements
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Advertisement74 1979-09-19 12 NOTICE To the holders of the floating rate U.S. Dollar Certificates of Deposit due 23(d March 1982 of: W THE TOKAI BANK, LTD. Suite 2801/2803 CBBbrd Centre, 24 Raffles Place, Singapore 1. We hereby certify that the rate of interest payable on the above-mentioned certificates of deposit for the interest74 words
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Advertisement89 1979-09-19 12 I When you're fishing for new markets, land big game with the help of air freight experts. When you're busy meeting deadlines, controlling inventory, hounding suppliers, maintaining client service and developing new markets, it's reassuring to know that there is an air freight company which treats your business as seriously89 words
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Page 12 Miscellaneous
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Miscellaneous219 1979-09-19 12 THE rainfall for the first 15 days of September was above average over about 80 per cent of Singapore. The northern part of the Republic wjth more than 230 mm of rain for the first half of September was the area with highest rainfall whereas the south-eastern coastal area with219 words
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SHIPPING TIMES
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PORTSIDES
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Article81 1979-09-19 13 THE SECOND Clipper class vessel, the 29,900 deadweight tons (dwt) Hoegh Cairn, arrives in Singapore today on her maiden round-the-world voyage. Sister-ship* Hoegh Clipper arrived in the Republic on July 18. The two multi-purpose cargoliners, built by the Kobe Works of Kawasaki Heavy Industries, are owned by81 words
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Article70 1979-09-19 13 Reuter. HITACHI Shipbuilding and Engineering Company said it has won a seven billion yen (S|7o million) order to build an offshore drilling rig for India's Oil and Natural Gas commission. The rig, to be delivered in November next year, will be used for oil and gas drillingsReuter. - 70 words
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Article100 1979-09-19 13 Reuter. JAPAN'S Ishikawajima-Harima Heavy Industries (IHI) has signed an 8.5 billion yen (SsBs million) contract with Mobil Shipping and Transportation Company of Bermuda to fit diesel engines in four supertankers. The four 280,000 dwt tankers will each be fitted with two 18,000 hp diesel engines in place ofReuter. - 100 words
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Article725 1979-09-19 13 RAHIM KASSIM - IMPORT RULES NO BARRIER By RAHIM KASSIM CARGO movements from the Far East to Nigeria have picked up significantly during the last quarter despite rigid import regulations and procedures imposed by the Nigerian Government last November. Shipping lines serving the trade to West Africa725 words
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Article185 1979-09-19 13 UPI. DESPITE a stow start to the week, t leagthy fixture was eempUed ea Meaday •wiag to active time-ehar-teriag ever the weekead p* n#o. Chiaeae charterers made aae af thetr srcssisail ferays eat* the market wkea they taah the 22,988 dwt Jmg Jlwnm far a trip heme afterUPI. - 185 words
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320 1979-09-19 13 RELATIONS between Asian seafarers unions and the International Transportworkers Federation (ITF) has dearly taken a turn for the worse following the former's decision to reject a specially convened ITF meeting in Stockholm. Mr R.A. Ha mid, the president of the Singapore Organisation of320 words
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863 1979-09-19 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 snip, the shipping line involved and the estimated dates of arrival and departure from the Port of863 words
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Article557 1979-09-19 17 raiffiu ut ACS Ale* Alfred Alpac Angkutan ANL APL Arya Nat ASCL Asia America Asia Merchant Atlas A ust.Coot T IV V IV V I m n m n n IV IV Cat 5 2 5 5 1 2 5 1 5 5 4 5 Baltic Bank BBS557 words
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Article812 1979-09-19 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 following812 words
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Article, Illustration174 1979-09-19 18 THE traas-Padlle Bner trade remaiss highly esmpetitive ani the msst sacccssfal csmpaaies is the service wnM he these which provide the kM el capacity irmssdfd hy shipper* frsm the Far East. This was stated hy Mr Karl C. Lanes, the reeestly appelated general masager sI the174 words
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Article, Illustration1282 1979-09-19 18 Lloyd's List. FIRST half-term report on the new-style British Shippers Council (BSC) as part of the powerful Freight Transport Association (FTA) indicates that a much stronger, all-round organisation is increasing its effectiveness in ensuring that shippers' interests are properly represented. Controller ofLloyd's List. - 1,282 words
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396 1979-09-19 18 AFP. THE PRESENT slump in the world shipbuilding industry is likely to continue in the next three years, according to a new study of the industry's prospects. When the anticipated recovery in demand comes in the late *****, West European shipyards will scarcely benefit dueAFP. - 396 words
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121 1979-09-19 18 Reuter THE ORGANISATION far Eciailr CNfenttM Mi DeinlifMt (OECD) Nil there wnM ipetaMy he vtrtaally M grewth tai the world iprrhiat Heel ■est year. The Timtkm OECD, hi Hi repert ea maritime traaapart hi IRS, aafti the wwM fleet ef drips ef MereReuter - 121 words
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Article, Illustration511 1979-09-19 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Arafat (after Bunga Melor shifts) 33/34 Bunga Melor (shifts after Ocean Prima sails A on completion of T/L) 15/16' Bunga Bindang (1500) 19 Kota Jasa (1500) 10/U Lloyd Bakke (after San Francisco Maru) 6/7 Nedlloyd Frazer (0530 after Nedlloyd Serooskerk) 3/4 Perlis511 words
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Article184 1979-09-19 18 AFP ALL THE oil-tankers that can be economically taken out df lay-up throughout the world have been reactivated, E.A. Gibson, the London-based shipbroker, estimate in its latest review on idle tonnage.. The only tonnage remaining in lay-up is that which either still needs aAFP - 184 words
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Article136 1979-09-19 18 Reuter. LEADERS of Britain's 40,000 merchant navy officers have demanded a 25 per cent pay rise and improved leave. The claim, presented to the shipowners' organisation, the General Council of British Shipping, is for a new national agreement from Nov General secretary of theReuter. - 136 words
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Page 13 Advertisements
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Advertisement331 1979-09-19 13 I:\vrctt Lines POt THI MOST PKI9UCNT UIUNCS TO iAIUKOK lIOIKKOIIg JA» AM WAN. k Nxm I* M *0) OCIC rnm% T«« *****1 T* M772f .1 \RI)1\I W I All m Orient Overseas CotdcjMeA Line FULLY CONT AMERCED FROM EUtOPE (VW SUEZ) CMMCQRTMOX KTOKCOtM. IK OCMUB PMt IK IKOKMMCEWIE WTWtftMt IK331 words
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Advertisement334 1979-09-19 13 M Ipl SEALORD |JJ Ml ANTAFI H UASC UNITED ARAB SHIPPING CO (SAG) WEEKLY MULTI-PURPOSE SERVICES loading for Dammam (30/9). Kuwait (3/10) Abu Dhabi (10/10). Doha (13/10). Dammam (16/10), Kuwait (19/10). Dubai (22/10) Kuwait (27/10). Shuaiba (30/10). Dammam (3/11). Dubai (5/11) Dammam. Dubai. Kuwait. Shuaiba, Mma Qaboos Dubai, Abu Dhabi.334 words
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Advertisement450 1979-09-19 13 NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES: FAR-EAST/EUROPE FULLY CONTAMERISED SERVICE uTTr Lin"MERCATOR 22 Sep! 24 Sept 10 Oct o chef 2ssa* »sm uoct C CONTWCR 1? Oct 13 Oct 29 Oct IS HUGE 17 Oct IS Oct 5 Not fl CORAL 25 Oct 28 Oct 1? Mb* A MCEJM450 words
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Advertisement673 1979-09-19 13 SHOFUKU LINE Fun Container Service Straits Taiwan Japan See Pap IV Column 3 for Sailings S Pol< A:tST SHCHUKU AGENCIES S. PT{ I'D 2fT»4«iO.'« Kl AS HO«t: S VS .»Po«f MALM'S s- -..kSi «A. -I.U" -i Si > Uii> S' CA?H -St A MA. a>S'A A..f S* 1 HANS ASIA673 words
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Page 14 Advertisements
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Advertisement474 1979-09-19 14 In fort 20/4 26/9 21/9 4/10 510 12/10 14/10 City *t EN*. Tdw Ejpmi T* 21/9 30/9 5/10 7/10 13/10 15/10 Ho<*H i US .'.'l u Agents SEGANI United States Lines WEEKLY CONTAINER SERVICE LOMNNG FOR:• OAKLAND, LONGBEACH, PANAMA, SAVANNAH, *W YORK, BALDMORE. NORFOLK, HOUSTON, NEW ORLEANS, BARBADOS. TRMDAD. BOSTON,474 words
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Advertisement383 1979-09-19 14 A 5§ hill hill Nc IS Mm it o* 21 Tr CANADA/USA Padfc Cms! m/io ic-17/ii 22-23/11 I 2* s Frar CANADA USA Padfc Coart 24-21/11 17S/1I 21-24/ II IMmi HI/11 HI/12 HI/1 I- Oct S {P. Katang Oct US). W/L TELDDOS <ajr. 3A.. TIOS Itey. U TWWWiA Vty. ISA.383 words
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Advertisement616 1979-09-19 14 r EVERGREEN LINE f AP [AM fUROPf f p Rf SS Ulil CONIAINIR SfRVICf ACCEPTMG CARGO FOR: HAMBURG. FELKSTOML ROTTERDAM. ANTTMRP. LE HAVRE ALSO ACCEPTMG CARGO FOR: UMTEP HMGDOM SOUTMIItTM. LONDON. MANCHESTER. BMMMGHAM. BRBTOI. LIVERPOOL. GLASGOW LEEDS WEST GERMANY HOLLAND MKTIKMM *>m IMq f*iln i MtartM Mm* U few. t*v616 words
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Advertisement685 1979-09-19 14 I Everett Lines/ ymgk Burnt Fivt Star SNippioi Corp*. "BURMESE NATIONAL LINE" LOAOMG FOR RANGOON mmmmm a/21 Sapt B.F S.S.C Aamn n Mote into TIPS MALAYSIA Port Katang Td (38)-7355 Panong T«( *****/***** Co Ni<m»oio lonnolki—tol S. A C.I.F. "ARGENTINE NATIONAL LINE" LOAOMG FOt DURBAN, CAPETOWN, BUENOS WES S>« I685 words
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Advertisement553 1979-09-19 14 r mo.s.E.^ OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 "IST FLOOR MARINA HOUSE SHENTON WAY MISTRI ROAO SINGAPORE 2 TEL *****44 7 4.*****70 131 SANKYO LINE rJ.IIF.WcUII'iM: m aspmatun 0 RESOUKXSS GEKBAI KEHTS: CONIMO BOOOS Miamr sure 24/26 Sopt 21/23 Sept MIL, MEL SYD 11/11 Oct l/f Oct SID,553 words
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Page 15 Advertisements
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Advertisement743 1979-09-19 15 ■kßkk Overseas rl|~l_ Containers %flmm Limited Weekly service to/from UK/Europe To UK/Cootmem rum fc* »s# IMqbpm n Sap asep umpHiam 4 od t on My* Bit 12 Oct 14 Od CaHfc»lev 19 Od ardliSiij 24 Oct Mbbprni 27 Od ■tat Mini 4 Mm From UK/Continent n«l Iw rtm Ulkn riM743 words
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Advertisement876 1979-09-19 15 GRANARD LINE WEST BOWO-ftt EAST/MEDfTEttMEM S'pere PJUbng hm* Leadtag tar M.V. RHONE FtfNG v 30N 20 Sap 22 Sap 24 Sep kdM/P Saal/lattakia M.Y MM TIT »JIN... C Oct P Sari/ NmmtnJ (f+t Beaked) Boret/ lattafcia IMON NEWTQM V.32W 4 Nee Port Sail/Alexandria Bemit/Lattalua M.V. MM MV IM 13 Nm876 words
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Advertisement822 1979-09-19 15 BEN LINE CONTAINERS OfKSS COnMO SONKCrO/FMM BMVI S tart P Ml IM 21/9 2fi/9 20/9 4/11 VM 12/11 14/11 lVll 2VM n/w M/ 11 vu Vll 11/11 MAWS SO KM Trance M UH IVII VM 2VM IVM 29/11 22/11 vu i/ii 12/11 VU ivu i7/u 19/11 12/11 22/11 2VU 21/11822 words
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Advertisement407 1979-09-19 15 Scan Dutch V ram-re. iha r*.A > < lVi *1 I V-' 1: '1 i:T T I) M*» nMa)|Mq4)ki 10 Ban I nn */>• I*/W uio u/ii aimm I 2/it M/M 21/10 21/11 2S/10 vio 23/10 a/10 */io 1/11 14/10 38/10 4/11 VII 1/11 23/n VII U/U 13/11 U/U 34t0407 words
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Advertisement359 1979-09-19 15 BOUSTEAD SH,PPINC AGENCIES THE BANK LIN F LTD LOADS FOR S. AFRICA uiom orrcopohlos (Rtaaaa. Oartaa. Ctow*. PtEltt.EloaMO Spare 10/13 Oct P LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) She*** P Rata* ItaMta US Ml MASON LYKES QmM) 29/31S* 1/2 Od MM LETITM LYKES (Uk»)359 words
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Page 16 Advertisements
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Advertisement971 1979-09-19 16 urn m K line KAWASAKI KISEN KAISHA. LTD. NERCAIOR 13* 0 CHtF INN C Ctmim.lt 3W SS BROCE ?f* N COM! 151* EUROPE P Ketof Lftavrt IT lam tftwrg 17 Oct 19 Oct 23 Oct 26 Oct FROM EUROPE TO PAR EAST *1 Havre P Ketone Sport H Kong Osaka971 words
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Advertisement520 1979-09-19 16 CAUFOMA/PACffK MTI NOT SUVKE L*4x hT m mma m hmkmh. ginu. imml wmmm. u. EVK« corruu/comrnwu./ KCFUsnrnt coMurr "i/sVct 'inSt »/i'od 2fc» mmrnrnw IS/MMM p/UMM ivkhr UIK mmmr a/»*ac hik/iim 2/1 tm atm AUSTRALIA SERVICE Br. Sy4 Mat AM S* Mat A4aL IVI4 Oct 17/11 Oct IVMka 17/11 tat CONTAINER520 words
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Advertisement468 1979-09-19 16 •r~ T t. f» S S V roup SINGAPORE SHIPPING AGENCIES PTE LTD »as e lr n Sts GfNf- 4 -t5 n Container l,iites WEEX'.Y CONTAINER SERVICE to /from BANGKOK DSR LINES nn/sw 2»/27S* •LU. FAST SQS-CONTAMI SWNCt SIXXt P Um| fnuni *d»» Wb»r| Iwrp Rost Ml Oct 11/12 Oct468 words
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Advertisement671 1979-09-19 16 HAi +rS*A* mm**Ano*Ai SHtMKG Co**o*ATtoh M**AD EXPRESS FULLY CONTAMEMBCD SERVICE TO/FROM MEO/UK/CONTMENT/SCANOMA Slorttoto Oslo IWiti. 2) Cupitoa|U. Atrfca. 3) Bream 4) Antwerp, i m. UK. S) Basle. Bortotoi C«( attratMate carp It Honflooj 8 lapan EXPRESB CONVENTIONAL SERVICE TO UK/CONTINENT T| Mm S port PKtUoc Pen** Lto*| tar I- kM671 words
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Advertisement746 1979-09-19 16 t INTRASEA (PTE) LTD f .toor '-•ou.se J3JE O'Cha'd Roafl 3 Telephone *****11 *****5' REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE ATLANTIC HEM) I Micron NOUSU NBS4 Spare P. KdM| k#«t 20 Sap 10 Od 14 Od 31 Oct 5 Nov Avon (UK)/T«Mm/ Rotterdam/Antwerp Avon (UK) /Botttofne Rotter d*n'Antwerp/ Avon746 words
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Page 17 Advertisements
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Advertisement471 1979-09-19 17 rt EGYPTIAN INTERNATIONAL LINE (Ell) EGYPTIAN FLAG FAST AND DKCT LINER SERVICE TO EBTPT (PORT SAID ALEXANDRIA) STORE PT KEL PENANG PT SAD ALEXAIBRIA SPHNXU od9 mtAMDS U Nov 12 Oct 15 Oct 31 Nov 5 Dtc 4 Dtc 11 MAR TRAMS CARGO PLEASE CONTACT BCHENKER SJWAPORE -TEL *****11 FROM471 words
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Advertisement339 1979-09-19 17 \-r\ ALFRED C. TOEPFER jrw SCHIFFAHRT A# Express Regidar Service To Dubai ANTONETTE Express Service to Damnum and Kuwait M.V. SUN KM 23 Sept S«pt Owners Representative Office Tel. No. *****33 AGENTS: OT MOT TMOM6 I 9WTmt fit LTO »M, 2Mk ft. M*a Hi T» Stappvt 1711 MN ONct TtL339 words
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Advertisement283 1979-09-19 17 COMBO LINE REGULAR TUBER/PLYWOOD BULK TEESTA WOOI COIBO *002 P.KELANG LOG. FOR: 23/9 Nant«/H»«part 16/10 Kwtn/Nnrprt 4G[ NTS Spore Mjgnj Shipping <Ptc> ltd for Booking ront.ic t Mr (rjnns Ii»o Inhnnt He'e i'i ??non s ??OS/Sj j Pt Kelang Pf>rk lpa ian Tirrnir I „t>l Sdi, Bhi! lei 38 BbPb283 words
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Advertisement478 1979-09-19 17 g.g: GOLDEN LINE €VAN GUAN SMPPMC (PTE) LTD n. raoa atb sntri. smarm t ra.: *****2 (is üb) f Id: h* *****. P. fata* *****1. Pmn* *****1 Pn* on un (H) m M la 443* STRAITS/PERSIAN GULF SERVICE: S port P. fete* Pen** GOIKN MORS brad*. Duba. Bur* 27/31 U#478 words
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Advertisement463 1979-09-19 17 NOTICE "CHIDAMBARAM" VOY: lit at PA*. CriiM Nw. l/t General Survey oI damaged cargo ex the above vewel will be held on Friday Mat September, 1979, from 9.00 a.m. to 5.00 p.m. No further survey will be held after this date. L. R. JI MABHOV A SONS (PTE) LTD. Tel.-463 words
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