The Business Times, 3 October 1979
1979-10-03
1
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The Business Times
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Title Section11 1979-10-03 1 BUSINESS TIMES M.C.(P) No. i4«/l/7S WEDNESDAY, OCTOBER S, 1179 50 CENTS11 words
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BRIEFLY...
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Article61 1979-10-03 1 AFP TOKYO, Tues. Nissan Motor Co of Japan announced today it will raise prices for most of its 1980 model passenger cars on the US market by an average 2 per cent or US$l2O, effective immediately. The Japanese car maker said the markup became necessary to offsetAFP - 61 words
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Article70 1979-10-03 1 Reuter TOKYO, Tues. Japan's Penta Ocean Construction has signed a US$36 million contract to build a big drydock, a repair factory and related warehouses in the Philippines, the company said here today. Under the contract, signed with the Philippine Shipyard and Engineering Corp, the dock for ships ofReuter - 70 words
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Article75 1979-10-03 1 Reuter MANILA, Tues. The Philippine government might have to scrap a proposed US$l.2 billion nuclear plant here if an American export licence for components was not granted by Jan 28, National Power Corporation officials said today. Mr Gabriel Itchon, president of the government-run corporation which will operateReuter - 75 words
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Article62 1979-10-03 1 KUALA LUMPUR, Tues. Exports of handicrafts will now have the certification of the Malaysian Handicrafts Development Board. The Minister of Public enteprises, Datuk Abdul Ma nan Othman said today that he board had been entrusted to control the standards of malaysian handicrafts. He said it was important for62 words
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Article59 1979-10-03 1 KUALA LUMPUR, Tues. Sabah's timber revenue for this year is expected to reach US$l billion, double last year's figure. Sabah Chief Minister Datuk Harris Salleh said this was because of increase in timber prices and not due to increased exports. Last year, revenue from timber amounted to $51059 words
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Article71 1979-10-03 1 AFP TOKYO, Tues. Two Japanese banks the Export-Import Bank and the Bank of Tokyo will open offices In Beijing next spring at the earliest, to handle growing foreign exchange and trade settlements between Japan and China, it was reported today. UntDecified sources said the Bank ofAFP - 71 words
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Article63 1979-10-03 1 AP NEW YORK, Tues. Stock prices headed lower again this morning as the price of gold continued its recent surge. The Dow Jones average of 30 industrials, off 14.51 points in the past two sessions, dropped another 1.87 to 871.08 in the first half hour. Losers took aAP - 63 words
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Article148 1979-10-03 1 Rises Sungei Besi 970 50 Sealion 199 22 Tronoh Mine* 1010 20 Shell 392 20 M Banking 795 15 P M Hldg* 1 334 14 Straits Trading 760 10 S T P 1875 640 10 J Cement 209 10 K L Industries 94 9 MTC 430 8148 words
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Article, Illustration151 1979-10-03 1 Rises D Keramat 1230 20 Malayan Tin 2120 20 Bt. Semb. 294 15 M. Banking 800 15 Shell 388 14 Keck Seng 292 10 Consplt Wrt 525 10 S. Trading 760 10 Sg. Besi 980 10 Tronoh 1010 10 P. Bank 308 +09 Pan. Elec 165 +08 Falls151 words
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Article666 1979-10-03 1 TEO TECK WENG - PREFABRICATED CONSTRUCTION By TEO TECK WENG MORE than thirty major foreign and local contractors have shown interest in the Housing and Development Board's (HDB) plan to build up to 15,000 new flats using prefabricated construction method. Indeed, when the Board's recent pre-tender qualification registration to666 words
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276 1979-10-03 1 MR AMOS DAWE, the Far Eastern businessman and former chief of the Mosbert group, has filed a complaint against Moscow Narodny Bank and three others in the Superior Court of California. The complaint, similar to a writ in English law, is the latest in276 words
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Article439 1979-10-03 1 MARGARET THOMAS - By MARGARET THOMAS SINGAPORE will have a postgraduate business school next year when the new School of Management at the University of Singapore opens its doors in July. The school, to be run separately from the existing undergraduate level School of Accountancy and Business Administration, will439 words
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Article315 1979-10-03 1 THE SINGAPORE Institute of Standards and Industrial Research (sisir) is considering setting up specialised centres on production technology to help local industries upgrade their production processes. Mr Lee Kum Tatt, chairman of the institute, said in 1978 annual report that local industries must possess the capacity and capability315 words
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288 1979-10-03 1 THE price at gaM iwti te retard highs aa the halllea market yesterday, reaching USs42* aa aaaee at Far East eeatrea hefare rising te US$443 saaa after Earepeaa eeatrea epeaed la the afteraeea. Dealers la Siagapere saM the price caa easily sheet ap288 words
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Article469 1979-10-03 1 MANO SABNANI - By MANO SABNANI I THE Jack Chia-MPH and Malayan Credit groups are drawing closer to each other. Following the Jack Chia group's acquisition earlier this year of a near 20 per cent interest in Credit, the latter is now reciprocating by buying shares in469 words
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Page 1 Advertisements
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Advertisement19 1979-10-03 1 whatever you need in menswear,getitat... MOHAN'S DEFT STORE (PTEJ LTD. 321 Orchard Road TW *****22 (naxt to Mandarin HoM)19 words
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Advertisement33 1979-10-03 1 FRATA NEWS FOR RATES BOOKING CALL MR. TAN KAY HOCK MISS ROSALIND TAY MRS. JUDY TEO FRATA SHIPPING PT€. LTD. Suite 801,8 th Floor, World Trade Centre, Maritime Square, Singapore 0409 Telephone: *****0433 words
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Advertisement19 1979-10-03 1 wm SHIPPING TIMES MINISTRY «f E*«e»tl»i'« MKMQPAD t FIJOHTB i, TV AND RADIO t, CBOSBWOttD f WHESE TO WINE19 words
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Advertisement133 1979-10-03 1 FOR PEOPLE WHO MATTER 1 "3 &?>s^&JpZ** -V *> > < iMMIk •> < »«*o^ MB W *7* 3*M* cohere a wide area of Interest tor busineeemen. Or John Wong's article on CNna*e evppty and dsmand for ASEAN's primary commodities deals admbaMy with a NtOa known subject, particularly the stay133 words
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TRADE AND INUDSTRY
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Article501 1979-10-03 2 COURSES AND TALKS Sep 17-Oct 29: How to be literate in Chinese, Nissen Hut 58, University of Singapore Department of Extramural Studies Sep 17-Oct 29: English Pronunciation, New Lecture Theatre 5, University of Singapore Extramural Studies Department Sep 18-Dec 4: Financial Management Part n (12 lectures), Bukit Timah501 words
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218 1979-10-03 2 A LARGE Australian company has joined the steadily growing ranks of industrial machinery companies in Singapore. Johns Singapore, a subsidiary of Johns Consolidated of Australia, will initially sub-assemble injection moulding machines and extruders for final assembly in the Australian plant. According to the Economic218 words
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Article84 1979-10-03 2 THE Department of Extramural Studies of the University of Singapore will be holding a 10-lecture course on Communications Through Public Speaking beginning on Oct 19. The course is specially designed for people who want to develop and acquire the skills of effective oral communication through public84 words
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573 1979-10-03 2 LEE YOKE MENG - PRODUCTION NEXT YEAR By LEE YOKE MENG SINGAPORE has been selected as the Asian manufacturing base of Hunton International of Norwich, a well-known British manufacturer of commercial and agricultural trailer axles. Local production of Hunton's standard 10-ton and 5 Vi-ton non-driven trailer573 words
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Article481 1979-10-03 2 A STRIKING difference between the local and American advertising markets is the lack of competition between the various types of media here, a leading advertising executive said. Here for the official opening of the Singapore office of Young and Rubicam International, Mr Alexander Brody said competition481 words
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411 1979-10-03 2 A TEAM of Swedish businessmen will be in Singapore next month on a buying and selling mission that will also cover the other Asean countries. The team, due here from Nov 25 to 28, will be led by Mr Johan Nordenfalk, a special representative411 words
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Article, Illustration128 1979-10-03 2 ASIAN Computer Services, a member of the Haw Par group, has appointed Mr Tay Chin Hut, 40, as its general manager. Before this Mr Tay was manager of NCR management information systems and data-processing centre in Singapore. Mr Tay holds a Master of Science degree from the128 words
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296 1979-10-03 2 GOVERNMENTS in developing countries must be prepared to spend more on health facilities if the objective of "health for all" is to be achieved. This means the government must be convinced that health contributes to economic development and is not merely a matter296 words
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209 1979-10-03 2 SIME DARBY'S joint-ven-ture packaging company in Dubai will start production early next year now that a general manager has been appointed. The regional conglomerate has a 51 per cent stake in the $4.2 million venture with the Dubai-based A 1 Ghurair Organisation to produce a209 words
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Article108 1979-10-03 2 AT LEAST 10 local companies are expected to visit a French international building exhibition in Paris next month. More than 3,000 manufacturers are taking part in the biennial event, Batimat. It is a mammoth exhibition spread over more than 180,000 sq metres of space and will feature108 words
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Article, Illustration484 1979-10-03 2 A NEW company will soon be manufacturing a newlyinvented cooking grill with heat derived from burning old newspapers rather than conventional fuel. The cooking grill is called Energrill and a company was formed and named after it recently. This followed the purchase of the franchise484 words
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Page 2 Advertisements
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Advertisement254 1979-10-03 2 Now! The Buku Herah offers you an ever more effective way of selling your products and services In the Buku Merah's pink pages, classifieds business section It pays to be listed in the Straits Times Directory of Singapore. Singapore businessmen have known that for the last 82 years and that254 words
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REGIONAL
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386 1979-10-03 3 AFP A CONTROVERSIAL bill in Sri Lanka which seeks to give powers to the government to ban strikes in essential services will figure in Parliament, in the Supreme Court and at a public rally called by left political parties to oppose it. Prime Minister RanasingheAFP - 386 words
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226 1979-10-03 3 AFP US-Hongkong textile trade negotiations have opened in Hongkong with local sentiment running strongly against what is regarded as fresh evidence of restrictive American import policies. Requested by the US under a proviso of its fiveyear bilateral agreement with Hongkong, the talksAFP - 226 words
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137 1979-10-03 3 AFP SOME overseas students in their final years of secondary study will be exempted from new charges to be imposed from Jan 1 next year on private foreign students attending tertiary institutions in Australia. The Minister for Immigration, Mr Michael MacKellar, announced yesterday that full-timeAFP - 137 words
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Article, Illustration47 1979-10-03 3 Emperor Hirohito of Japan seen harvesting rice from a paddy field in the Imperial Palace on Monday. Hie rice will be offered to Ise Grand Shrine and to a sanctuary inside the palace as the year's first rice crop. UPI photo. UPI photoUPI photo - 47 words
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Article148 1979-10-03 3 Agencies AN Indonesian official has dismissed reports the rupiah would be revalued upwards to curb inflation. Finance and Trade Commission chairman Sudarji said that to revalue the rupiah would mean to encourage imports, exactly the thing the government is trying to discourage with last November's 33.6Agencies - 148 words
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Article67 1979-10-03 3 Reuter JAPAN'S offer of US$l million in annual scholarships over 10 years to youths of the Association of South-east Asian Nations is expected to begin in the second half of 1980, Malaysia's directorgeneral of Asean affairs Kassim Mohamed Hussein said. He said both Asean and Japanese officials hadReuter - 67 words
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THE REGION IN BRIEF
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Article465 1979-10-03 3 Agencies A SPOKESMAN for Indonesia's Pertamina state oil company has reiterated the government's policy not to sell its crude oil on the spot market. The spokesman denies reports from Tokyo that the price for Indonesia's crude on the spot market has been increased to US$35 per barrel, upAgencies - 465 words
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436 1979-10-03 3 AP ALTHOUGH Boeing's newest models the 767 and the 757 won't be in the air until the early *****, the Seattle aerospace giant now has orders totalling US$B billion (5516.8 billion) for the aircraft. Boeing and All Nippon Airways Co, Japan'sAP - 436 words
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168 1979-10-03 3 Agencies JAPAN'S economy will grow at an annual real rate of 5.5 per cent for the next four years until fiscal 1962, a Japanese private economic research institute forcast. This compares with the government's official target of about 6.3 per cent for fiscal 1979 endingAgencies - 168 words
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Article143 1979-10-03 3 UPI CHINA is working on a new long-range missile and may soon resume launching earth satellites, a Japanese news agency said. Kyodo news service in a dispatch from Beijing said there have been signs China has developed CSSX 4 type missies, a new version of the CSSXUPI - 143 words
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747 1979-10-03 3 MALAYSIAN consumers have been warned to brace themselves to meet the full onslaught of an inflationary spiral sparked off by the recent increase in electricity charges. According to the Federation of Malaysian Manufacturers (FMM), the new fuel cost variation charge (PCVC) has pushed747 words
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354 1979-10-03 3 THE increase In freight charges announed by the Selangor and Federal Territory Lorry Owners Association is likely to be extended to tne rest of Peninsular Malaysia. According to the association's president, Mr Ong Kim Yoon, the Pan-Malay-sia Lorry Owners' Association (of which be354 words
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Page 3 Advertisements
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Advertisement96 1979-10-03 3 Imam Bandung The Original Farouk Jakarta Kamal Creations I When you're fishing for I new markets, land big I 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 is96 words
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RAW MATERIALS
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Article407 1979-10-03 4 SARAWAK'S pepper exports this year are projected to increase by 5 per cent or 1,560 tonnes to 32,340 tonnes. According to the latest issue of the Pepper Marketing Board bulletin, pepper exports up till now support this projection. In addition, the ratio of black to white407 words
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Article194 1979-10-03 4 Reuter THE Indonesian government is maintaining check prices for Robusta and Arabica at current levels and will also continue levying an additional export tax, a Trade Ministry spokesman said. The check prices and duty will be reviewed again by Dec 31, he said. The decision means theReuter - 194 words
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105 1979-10-03 4 Reuter TAIWAN'S textile exports in the first eight months of 1979 surpassed US$2 billion (554.28 billion), higher by more than 25 per cent from the same 1978 period, Industrial Bureau deputy directer K B Koo said on Monday. Industry sources in Taipeh had earlier forecastReuter - 105 words
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Article222 1979-10-03 4 THE SINGAPORE market closed slightly higher yesterday with October One RSS buyers quoted at 291.25 cents per kilo, up 2.75 cents from Monday's close, dealers said. Morning prices were marked up about 2.25 cents on covering demand, shortcovering interest and speculative buying. Afternoon prices held steady around mid-day levels222 words
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Article329 1979-10-03 4 R A S prices In cents per kilo yesterday: Noon Close (per kU Buyers 290.75 291.25 295 25 284.00 283 00 ***** 280 00 273.00 272.00 268.00 267 00 (per kilo) Buyers Sellers Int. 1 R.S.S. prompt l.o.b. 289 00 900 OON Int. 1 R.S.S. Octoter 289 50329 words
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Article113 1979-10-03 4 NOON SSR and SMR p irkaa yctttrdly RAS October Navea ber (Correal Mtk) l Forward Mtb 1 Buyera Seller* Buyer* Seller* SSR 20 (l-too pallet) 268.00 270 OON 268 50 271.50N SSR 50 (lion pallet! 265.00 267.00N 266.50 268.S0N MRKLB SMR CV (1-ton pallet) pallet 312.00 314.00N113 words
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Article63 1979-10-03 4 THE STRAITS tin price la Peaaag yesterday rase Msl2 per pleal la M$2,M4, Men nil The market streagtheaed feUewlag the evernight igrh Iglg aed straag baying sappart (ram Earape, Japaa, the US aad leeuhr. A larger supply ef tta ares did aat depreas seattmeat. Taraaver was m taaaea.63 words
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Article31 1979-10-03 4 Rubber: Oct 2 Singapore: October. 291.25 cents (up 2.75 cents) Malaysia: October: 291.00 cents (up 2.75 cents) Tin: M $2,004 (up $12 Official offering: 236 tonnes (up 25 tonnes)31 words
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Article144 1979-10-03 4 THE SUGAR futures market yesterday closed firmer with gains of about 0.50 US cents across the board, dealers said. Yesterday's spot sugar price also rose 0.50 to 10.80 cents, while no trades were registered. Sugar futures closing prices Prvrlaas CMag CMi| Jan 11J6/76 10 86 1126 March 12.06/12144 words
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Article312 1979-10-03 4 AN easier Mas continued to prevail in the Singapore produce market yesterday. For the best part of the day sellers dominated the scene. Pepper were marked down by a further $2.50 a picul on small lots passing between local dealers on squaring account. The withdrawal of overseas buyers312 words
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Article164 1979-10-03 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-godown) CiHm yarn: China Blue Phoenix 20b 2.320. 32s 2.850. 40s 3,050 (per bale of 400 lbs). PitMu raw Mttsa: LSS 4.15; 4F 4.19; 289F 4.27; NT roller ginned 4.20 (per lb). CLOTH in164 words
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Article332 1979-10-03 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.96, 100 per cent second class 0.83, 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, Special332 words
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Article703 1979-10-03 4 ALUMINIUM: Up £25 for cash at a record high of C 835 per tonne yesterday morning while three-months gained £9. Market was again highlighted by the tight nearby position. Borrowing of cash widened the backwardation to £60 per tonne before it narrowed back slightly .Three-months advanced more cautiously703 words
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ASIAN STOCK
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Article536 1979-10-03 4 TOKYO Source: DBS-Daiwa THE MARKET opened higher yesterday but later declined reflecting investor anxiety over probable margin restrictions, the weak yen exchange rate, and further rises in oil prices. Consequently, the Nikkei Dow-Jones closed at Y6.545, down 32.77 points and volume shrunk to 430 million shares. Almost allSource: DBS-Daiwa - 536 words
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Article363 1979-10-03 4 Prices closed higher with the Hang Seng index up 3.21 at 680.96 as local interest in properties and selected shares led the market upwards after a bout of profittaking yesterday morning, dealers said. Speculation on possible mergers took Jardine Matheson up 80 cents to HK512.90 and HK Land up363 words
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Article174 1979-10-03 4 STOCKS closed generally firmer yesterday, dealers said. Turnover rose slightly to 12.9 million pesos from Monday's 11.3 million. Oil shares were active and First Philippines Holdings finned in expectation of cash dividends shortly. Minings were active early hut lost ground in afternoon trading. Atlas Con B. Baguio Gold, Benguet174 words
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Article392 1979-10-03 4 PRICES firmed yesterday led by gold and non-ferrous metal shares, dealers said. GMK lead the rises on the mining boards adding 45 cents to $2.76 while Central Norseman Gold jumped 30 cents to close at $8.10 a share, and Poseidon 25 cents to $1-56. Peko Wallsend rose eight cents392 words
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Article224 1979-10-03 4 Prices delayed OCT 01 BahU Asia Credit 212 +2 Asia Fibre 1(2 -1 Ayuthaya In*. And Trust 132 -S Bangkok Investment Bangkok Bank Bangkok Drying And SUo Bangkok Insurance Bangkok Metropolitan Ban 338 unch Bangkok Nylon Bank Of Asia 1TB ■inch Bank Of Ayudhaya Ltd 222 Rata Bern Jucker224 words
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Article63 1979-10-03 4 FINANCIAL TIMES INDUSTRIALS Monday 466.B Friday 470.7 Wednesday 482.0 Week Ago 458.1 DOW JONE8 AVERAGE INDUSTRIALS Monday *****6 Friday 878J8 Week afo ***** LONDON DOLLAR PREMIUM Monday 38'/. to 38V« Friday 88'* tn T7 HJC.HANG SENG Tuesday 080.06 Monday 677.74 Week ago 64X60 SYDNEY INDUSTRIALS Tuesday S460J0 Monday63 words
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Page 4 Advertisements
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Advertisement176 1979-10-03 4 MORE SINGAPORE MC(P) 93.1'79 VOL 3N09 W* SEPTEMBER 1979 PHCE S3OO MOWTMtY v /a 5» S v<*w4l T r •fRggIAMK^ i 7 Ab# 7 The troubled world economy notwithstanding, some sectors of the Singapore economy look set to enjoy continued growth. The September issue of Singapore Business looks at one176 words
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OVERSEAS
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469 1979-10-03 5 Reuter A WORLDWIDE recession is likely to be avoided despite the dangerously slow pace of production in the (industrial nations, financial leaders were told. According to informed sources, British Chancellor of the Exchequer Sir Geoffrey Howe told the leaders in Belgrade on Monday thatReuter - 469 words
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144 1979-10-03 5 Reuter THE IMF interim committee instructed the board of the IMF to give priority to designing a substitution account, a committee communique said. The IMF board will report on progress made at the next interim committee meeting in Hamburg. The communique said that "the committeeReuter - 144 words
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WORLD IN BRIEF
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Article629 1979-10-03 5 Agencies A MOVE to have the Palestine Liberation Organisation admitted to the IMF meeting as an observer has been rejected. However, the organisation might be admitted to next year's annual joint meetings of the World Bank and the IMF. THE Chlleaa state oil compaay, Eaap, has discoveredAgencies - 629 words
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539 1979-10-03 5 Reuter DECISIONS by Iran and Indonesia to raise oil prices paid by Japan could foreshadow large price increases for oil consumers at the Opec meeting in December, Japanese officials said yesterday. The 13-member Organisation of Petroleum Exporting Countries will meet in Caracas, Venezuela toReuter - 539 words
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Article150 1979-10-03 5 Reuter IRAN'S new oil chief was reported as saying that the state-run industry would be purged at all levels but its export and sales policies would remain unchanged for the moment. Ali-Akbar Moinfar was speaking on Monday, three days after he was named OilReuter - 150 words
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Article100 1979-10-03 5 Reuter ULF, Lantzke, executive director of the International Energy Agency, said unfilled oil demand could grow from relatively minor shortfalls in 1965 to 10 million barrels a day in 1990 and 28 million in 2000. He said such a result is arrived at even if,Reuter - 100 words
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Article, Illustration45 1979-10-03 5 ABOUT Panamanians thronged A 1 brook, Ptumt, formerly in the Canal Zone, yesterday to celebrate return of the Panama rwi and to listen to a speech made on the occasion by American Vicepresident Walter Mondale. AP photo. AP photoAP photo - 45 words
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Article526 1979-10-03 5 AFP A SENIOR international financial official has bluntly warned oil importing countries to accept a loss in real income because of higher energy prices. Secretary General of the Organisation for Economic Cooperation and Development, Emile van Lennep, was speaking in Belgrade on Monday at aAFP - 526 words
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213 1979-10-03 5 Reuter THE presiding judge at the Swiss jury trial of US financier Bernard Cornfeld, charged with fraud, rejected a major part of the prosecution case against him on Monday. The prosecution has alleged that Mr Cornfeld, 52, tried to hide the fact that heReuter - 213 words
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177 1979-10-03 5 Reuter TWO Wall Street brokerage firms, Paine Webber and Blyth Eastman Dillon, announced that they planned to merge in a US$45 million (SS96 8 million) deal. The new company would be one of the biggest investment banking and brokerage firms in the US.Reuter - 177 words
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Article725 1979-10-03 5 ARRIVALS Service Local Operator Number Time From PAL PR501 1135 MNL SIA SQ63 1155 MNL GIA GA982 1200 HLP SIA SQ240 1210 MES SIA SQ201 1245 HLP MAS MH684 1245 KCH MAS MH651 1330 (MES)/PEN/KUL SIA SQ61 1340 BKK SIA SQ117 1345 KUL SAS SK971 1345 CPH/KHIBKK725 words
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Page 5 Advertisements
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Advertisement106 1979-10-03 5 Harrisons Malaysian Estates Limited (80per cent, owned by Harrisons Si Crosfie/d, Limited) YEAR TO 31st MARCH 1979 As a result of higher oil palm products and cocoa crops and improved prices for rubber and oil palm products the pre-tax group profit of £30*5 million comfortably exceeded that for the previous106 words
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Article420 1979-10-03 6 THE annual report of any organisation is an important document. It provides a comprehensive record of the past year's events and progress, gives an idea of the current situation and outlines the plans and possibilities for the future. This information is, on the one hand,420 words
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250 1979-10-03 6 AMERICAN public opinion may have been assuaged to some extent by the spectacle of presidential authority on prime time television dealing sternly with yet another Cuban crisis. But, the world at large is left in some degree of perplexity as to the net250 words
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Article1280 1979-10-03 6 FRANCOIS DURIAUD - MID-TERM ELECTIONS By FRANCOIS DURIAUD Reuter INDIANS have three months to make up their minds and decide on the best government to restore political stability, check spiralling costs and eni force law and order. The mid-term election, I in late December or early j January, willReuter - 1,280 words
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Article1328 1979-10-03 6 PATRICIA NEWBY - The West has been putting up more barriers against imports. PATRICIA NEWBY reports on Bulgaria's solution in surmounting this problem. PATRICIA NEWBY FT THE growing tide of protectionism in the West has had the expected effect of persuading Bulgaria to allow for the first time direct foreign investmentFT - 1,328 words
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Page 6 Advertisements
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Advertisement36 1979-10-03 6 TO ADVERTISE YOUR INDUSTRIAL PRODUCTS AND SERVICES TO MORE THAN 30,000 BUSINESS TIMES READERS IN OUR TUESDAY INDUSTRIAL SERVICES COLUMN PLEASE CONTACT: TOMMY LEE BUSINESS TIMES 1 NEW INDUSTRIAL ROAD SINGAPORE 1953 TEL: 284-8844 EXT 25336 words
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Page 6 Miscellaneous
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Miscellaneous1350 1979-10-03 6 Darwin's vital voyage WE ABE hack m a strict diet at Mud dims teaighL Viewable only to pwple «W (to Nt cue to ouke little toWftlw ketweei the g—4, M aad the agiy (to ealn a t»m«u 01m title). Only nc eheer The Voyage el Charles Derate, which It aa1,350 words
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Article, Illustration2082 1979-10-03 7 JOHN TAN - By JOHN TAN WHAT HAS happened, to the diesel problem? A month has gone by and the 30-car taxi queues outside petrol stations have failed to make their appearance. The problem has passed. Two significant steps introduced early last month by the Ministry of Trade and Industry (MTI)2,082 words
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Article683 1979-10-03 7 ROBERT HERSHEY - By ROBERT HERSHEY ;THE British government, j not known for generosity to stockholders, has enacted a law with substantial potential benefit for American investors. The law removes liability for some corporate income taxes 4>n inventories with values that have been artificially inflated in other words, profits produced683 words
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Article243 1979-10-03 7 ONE day, two girls in an office decided to spend a trifle more generously than usual on their lunches. They chose to have steak. The restaurant was very kindly issuing complimentary glasses of wine to accompany, the meals. When it was the turn of the two243 words
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1011 1979-10-03 7 TONG TSE - FORUM with TONG TSE MUCH emphasis has, of late, been given to the structure of the school system but that, in itself, is only less than half the matter taken care of. Whether and when a student should specialise his field of study, his curricula through1,011 words
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Page 7 Advertisements
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Advertisement226 1979-10-03 7 IiLL fJ I= 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.226 words
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Page 7 Miscellaneous
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Miscellaneous24 1979-10-03 7 DTIStoW": Franic TT DON'T mei vm seeTn^G". VOU VCMOU) UJHfVT THe/'ve DONG,? THC/Vt PtomoTiei) YOOtJG DOBSON **> POT vum \t* CHFMSGe Of rmy office. p24 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article192 1979-10-03 8 OCT 01 FU nBN ***** -05 Ahold 88 40 -0.6 Akio 28 00 -01 AMEV ***** -03 Amfas ***** 1 Amro Bank 71 40 -02 utrioi* 58 10 unch Berk 104 30 unch Bols 68 30 -03 170 50 -1 Burhmann 61 50 -1 Byenkorf 70 50 -03 Calve192 words
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Article215 1979-10-03 8 OCT 01 Dm Aeg-Telefunken 38 80 -03 Akzo 2550B Allz Leben MO 00 14 Allz Vers ***** 8 BASF ***** -03 Bay H T Wbank 252 50 -1.5 Bay Vbank 287 00 I Bayer 132.00 03 BBC 295 00 -2.8 BMW ***** 0.5 Cassella 381.00 -6 C'hem Verw 274215 words
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Article266 1979-10-03 8 OCT 01 Frs CORBEILLE Alr-Llquide Me unch B S N Gervais Danone 973 25 C S F (ThomsonCsf) 475 -1 Cte Francalse des Petroles 284 5 Compagnle Financier? Compagnle Generate 373 -2 Credit Foncier De France MS 4-3 Hachette (Llbralrle) 225 -3.5 Machines Bull 68-80 +1.9 Mlchelln (B) 860266 words
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Article191 1979-10-03 8 OCT 01 Francs Action* Sulsses 303 unch Alusuisse Br 1315 10 Alusulsae Rcc 502 unch Brown Boverl Br. 1975 unch Cib* Geigy Br 1300 10 Ciba GeLgy P C 1005 5 Clba <3*1*7 Reg Credit Suuw Br 712 -0 2296 5 Credit Suisse Reg 430 -1 Elektrowatt Br 2210191 words
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Article85 1979-10-03 8 OCT 01 FT* FORWARD MARKET 405 -10 Arbed 2495 -s Astur 500 4 16 Brtictn 072 -14 Bra-Lamb 1750 4 10 Ctnptc 906 4 14 Cock 403 -5 Df Bffrs 281 4 1 Ebet 2195 unch Electro bei 0700 410 Gb-Inno-Bm 2545 425 Oev 1120 unch Hobok 2880 -2085 words
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Article107 1979-10-03 8 OCT 01 Ure 4•/• Anlc 1225 -1.75 Assoc Gen ***** 2900 Bastofl 873 unch Centrale 6875 355 Fiat 2600 65 Finsider 128 25 125 Gen Immob 81 50 2.5 1FI Pri 3166 00 ItalcemenU ***** 300 I Lai gas 830 10 Italsider 345 025 Magneti M Pf 635 -4i107 words
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Article205 1979-10-03 8 OCT 01 CS AtMUM Air an 47 V AlgOITM 29, f 1 J Bank Mont 24". Bank Nova ScoUa 24 Bell Tel 20 'l Beth Corp BP Can Lid J6-. Brascan 26 Camp Red Lake 20'. Can Imp Bk 26 unch Canpac 3H, Can par lnv Pf Car ling205 words
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Article295 1979-10-03 8 OCT 01 Rand INDUSTRIALS A Alpha 195 4 10 A be r com 287 49 AE And CI 525 -5 AMIC 1850 -25 Barlows 710 5 Cf Sugar a. 830 -10 CNA 300 Currie Finance 120 2 De Beers Ind ***** Edcon 406 Edgars 4000 Eve ready Fed Volk295 words
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Page 8 Advertisements
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Advertisement132 1979-10-03 8 8»' Delectable local dishes and Western lunches set in daintily stylish Scandinavian decor. Popular SELF-SERVICE lunch daily. From 10.30 am to 3.00pm and snacks from 3.00pm spm You've got to try.it to believe! Fabulous harbour view h Sentosa Isle beyond. Apollo Enterprises Ltd. 1. Maritime Square, Singapore 0400. Suite 119,1132 words
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Advertisement202 1979-10-03 8 Where to wine, dine and entertain For banquets. For conventions. For other functions of f laic less finesse. lunctH>ms j< >r up u) quests Internatu >nai menus U > < hi >< >se tr< >m nnplete ranqe (>t (uui:<) risua! equipment •Ample parkinq space A C t-iiliii-A I hii-k Slmtiiii202 words
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Advertisement114 1979-10-03 8 See Page 4 for Asian stocks See Page 9 for NYSE prices mitT-- •b' '0 i i f» House AHair Everyday is d big house affair for us Because each day is another rie.v opportunity to perfect our service to you Service by .vhich you remember us Savoury specialities for114 words
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Advertisement139 1979-10-03 8 LUNCH AT Savour the true flavours of Singapore in cool, exotic, tropica! surroundings at the newlook Hin's Heavenly Cookhouse Choose from a whole variety of local foods like Murtaoak Steam-ooat. Malay Curries, Moojdies. Smoked Duck and Suckling Pig Satay. Chilli Crabs Exceptional Cantonese menu oy ceieorated Hong Kong trained chef139 words
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Advertisement237 1979-10-03 8 Z-zsr-I Merlin's New Coffee House Delicious drinks and beverages, scrumptious savouries and snacks, and authentic oriental delights are yours to enjoy at Merlin's new Coffee House. The decor is stylishly cool and the atmosphere cheerfully casual, which, together with the fine food, make Merlin's new Coffee House a delightful oasis237 words
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BANKING AND FINANCE
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419 1979-10-03 9 LEE YOKE MENG - By LEE YOKE MENG SWIFT, the international banking communications network, will most likely be implemented in Singapore next April 7. Swift is the acronym for the Society of Worldwide Interbank Financial Telecommunication, a banking communications network based on switching centres in Virginia,419 words
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305 1979-10-03 9 THE MALAYSIAN government is taking all steps to ensure that the Bank Rakyat fiasco is not repeated, Agriculture Minister Datuk Shariff Ahmad, said recently in Kuala Kangsar. The bank is now picking up in its activities to regain the confidence it had lost. Following the305 words
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Article185 1979-10-03 9 Reuter THE AUSTRALIAN government plans to raise 70 billion yen in Japan to replenish its external reserves and boost its financial standing. Banking sources in Tokyo said Australia is seeking the funds through a 40 billion yen syndicated loan from Japanese banks and by issuing aReuter - 185 words
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Article223 1979-10-03 9 Reuter MALAYSIAN gold and foreign exchange reserves fell to M 58.32 billion on Sep 15 from $8.33 billion on Aug 30 but were slightly above the 8.30 billion at Aug 15. Bank Negara Malaysia said the bank's fortnightly balance sheet showed total assets rose to $10.19Reuter - 223 words
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Article1308 1979-10-03 9 NEW YORK WORRY about inflation and interest rates depressed prices on Monday as stocks extended last Friday's slide in moderate, semi-holiday turnover. Many traders were off for Yom Kippur. Analysts said the surging prices of metals recently, particularly gold, and continuing weakness in the dollar renewed1,308 words
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MONEY AND EXCHANGE$
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Article480 1979-10-03 9 THE US dollar firmed slightly against the major currencies yesterday, with the exception of pound sterling. The generally firmer tone could be due to market speculations of a new dollar-support policy by the United States. Against the Japanese yen, the dollar opened higher than its previous close at480 words
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Article192 1979-10-03 9 THE US dollar moved generally easier in quiet late Hongkong exchanges, registering no discernible reaction to President Carter's speech, dealers said. Traders said they expected European exchanges late yesterday to resume selling pressure on the dollar now the Carter speech has passed without restoring any confidence in the currency.192 words
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Article139 1979-10-03 9 THE US dollar for overnight delivery closed easier at 224.85 yen yesterday, compared with a 225.10 opening and 224.95 at Monday's close, dealers said. Trading was moderate with volume amounting to US$6O6 million, and no central bank intervention was detected, the dealers added. The dollar edged down in dull139 words
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Article56 1979-10-03 9 AUSTRALIA/NZ exchange opening quotes on Oct 2: US dollar 1.1294/1.1246 Sterling 0.5158/0.5097 Ninety-day air mail buying rates: Sterling-0.5380 US dollar —1.1728 Ninety-day forward buying rates: Sterling 0.5216 US dollar -1.1379 NEW ZEALAND: Reserve bank midrate: US dollar —1.0025 Trading bank indications: Sterling 0.4578/0.4548 US dollar -1.0075/0J875 Ninety-day airmail buying56 words
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Article187 1979-10-03 9 Asian rates ASIAN currency deposit Interbank rates as at close on Oct 2: 7 days 1 month 2 months 3 months 6 months 9 months 12 months U8 Dollar. (Spot) Offer B,d 12' 12H 12. 12*4 1213/16 1211/16 13'4 13'• 131/16 1215/16 129/16 127/16 12'« 12 J 1 month 3187 words
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Article53 1979-10-03 9 RANGE of prices offered by discount bouses on Oct 2: Overnight 5W* Call deposits 5' i c A CIomic Bo riM Selliaf 3 month Treasury bills 5 3 5 5 t 3 month Bank bills 8H 8'. 3 month CD 811/18 89/18 8 month CD 813/18 811/18 Source: National53 words
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Article22 1979-10-03 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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318 1979-10-03 9 THE SINGAPORE gold futures market yesterday closed between U5536.70 and U5542.80 higher in active trading, dealers said. Although trading was temporarily suspended yesterday morning as prices rose limit-up, the sharp advance of the spot bullion price saw futures making one of the largest daily318 words
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Article338 1979-10-03 9 THE US dollar sank to record lows against the mark yesterday, moving below those rates which prevailed before last November's dollar defence package, dealers said. The dollar opened here at 1.7302/12 marks before easing to 1.7265/75 compared with a late Hongkong 1.7332/ 38 and New York's overnight closing of338 words
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Article36 1979-10-03 9 FRANKFURT exchange opening quotes on Oct 2: US -1.7325/35 Sterling 3.800/810 Can -1.4883/99 D F1 89.96/010 S Fr 112.36/50 Lit 2.166/8 F Fr 42.43/8 NKr-35.82/7 B Fr (Con) 6.168/76 B Fr (Fin) 5.902/12 Yen 0.7679/9036 words
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Page 9 Advertisements
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Advertisement88 1979-10-03 9 TOZER KEMSLEY MILLBOURN TKM (FAR EAST) LTD. ANNOUNCE THE OPENING OF THEIR SINGAPORE REPRESENTATIVE OFFICE THE INTERNATIONAL TRADE FINANCE ft CONFIRMING HOUSE FOR SHORT-MEDIUM-LONG TERM FINANCE FOR FURTHER DETAILS PLEASE CONTACT: R.A. ROBERTSON TKM (FAR EAST) LTD. SINGAPORE REPRESENTATIVE OFFICE ALEXANDRA P.O. BOX 24 SINGAPORE 9115 TEL *****6 TLX; RS88 words
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Advertisement116 1979-10-03 9 This announcement appears as a matter of record only September 1979 Hk >£ YEO HIAP SENG LIMITED (Incorporated in the Republic of Singapore) RIGHTS ISSUE of 5,163,888 shares of Ssl.oo each at a price of 552.25 per share Underwritten by Morgan Grenfell (Asia) Limited Baring Brothers Asia Limited The Development116 words
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1629 1979-10-03 10 BUSINESS DONE ON THE SES THE KLSE BID and offer price* officially listed and bmirai In an reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lota of 1.000 unite unless otherwise specified SECTION ONE INDUSTRIAL COMMERCIAL Ac** (240B) (1) 2.401,629 words
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Article152 1979-10-03 10 SINGAPORE UNIT TOOT (Managers' prices tar Oct I) The Commerce 2.® 2 34 The Saving Fund 1.42 1.51 S'pore Prog Fund O K i ftw«» S pore Sec. Fund 1.74 1.B S'pore Invest Fund 1.30 IJI S'pore Equity Fund 1.01 1.07 INCOME BOND UNIT (Carreat prices) Income Bond152 words
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Article2698 1979-10-03 10 1979 Gr's Gr's Net Last Div Div Y*M 1 P/E Vol Da v High Low Company Sale or Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 240 -I 15.0 2-2 64 124 1 240 240 196 123* Alcorn 196 10.0 1.3 5.1 26.1 1482,698 words
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Article74 1979-10-03 10 4 1/2% 1/8/80 (250.000) (98.508 98.778) 4 S/4* 16/8/80 (*****0) (98.758 *****) 5 1/4* 1/3/81 (250.000) (96.458 98.558) 5% 15/4/81 (*****0) (***** 97.928) 6 1/2* 1/6/79-81 (250.000) (***** 98.458) 1/4% T P 16/10/93 (250,000) (99.908) 8 1/4% T F 1/5/97 (250.000) (100.008 100.158) 6 1/4% T P 15/9/95-8774 words
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Article1780 1979-10-03 10 BID and otter price* officially listed and bustaeas In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of chares traded shown in brackets in lots of 1,000 units unlets otherwise specified INDIBTTRIAUB AkM (1 98S) xd A ttr (1.348 IDS) (1) 1.34 AMD1,780 words
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Article, Illustration689 1979-10-03 10 ONCE agaia, the Btagapere stack market has prtvei its rcdUeaee wttk the retara af baylag caafldeaoe yesterday after a geaerally deIt was the same peaasMdste aad grew patten that was seea last week. It there was aay everbeaght pealtlea, It eertalaly was aet evMeaL Ramears689 words
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Article522 1979-10-03 10 THE RETURN of buying interest in the afternoon helped prices recover from an initially easier trend at the Kuala Lumpur stock market yesterday. Prices, on balance, closed slightly higher across a broad front. The New Straits Times industrial ordinary share index, reflecting the better closing trend,522 words
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COMPANY NEWS
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Article773 1979-10-03 11 DAVID CHOW - By DAVID CHOW AFTER THE strong earnings growth pace set in 1977 and 1978, Oriental Holdings is taking a breather in the current year, although its interim profit rise of 22 per cent still looks encouraging. For the full year ending Dec 31, the directors have773 words
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Article369 1979-10-03 11 FANCY Tile Sdn, the quoted subsidiary of unlisted Hong Leong Company (Malaysia) which recently underwent streamlining operations to assume the new role of a holding company for the group's manufacturing activities, appears to be firmly set on the recovery path. The company's interim results to369 words
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Article275 1979-10-03 11 UNITED Ashestss Cement Bhd: EOGM and AGM to be held at 12th Floor, Fitzpatrick's Building, 86 Jalan Chulan, Kuala Lumpur, on Oct 9 at 11am. Bokft Kattl Robber Estate Bhd: AGM to be held at No 72 (Upper Floor No 20), Jalan Belariggang, Malacca, on Oct 10 at 10am.275 words
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446 1979-10-03 11 MALAYSIAN Plantations Bhd (MPB), the Malaysian offshoot of UK-based Plantations Holdings, has posted a maiden group interim pretax profit of M 55.16 million for the period to June 30, 1979. While this first half profit represents only 37 per cent of its full-year target446 words
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Article352 1979-10-03 11 FURTHER changes have taken place in the Malaysia Mining Corporation stable of companies. The latest movement is the resignation of Mr Junus Sudin from the boards of eight of these companies Kampong Lanjut, Kramat Tin Dredging, Sungei Besi Mines Malaysia, Kamunting Tin Dredging (M), Lower Perak Tin Dredging,352 words
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Article601 1979-10-03 11 Current Pnynient Ex Date Books Close Date Totnl for Total for Payable tbe year Previoua year Carls berg B Katil E A I CbemInd Fed Cables K L Kepong Apollo OC BC Wilkinson Dunlop Ind Pub Text UO B M U I NSOP Alcorn Gold Coin Hun* FE601 words
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Article661 1979-10-03 11 SENTOSA Plywood has now come up with some pleasing news for shareholders. The company, which is currently embroiled in problems over its acquisition of a 40 per cent stake in palm oil refiner Jomalina, has reported a significant earnings growth at half-time as a661 words
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Article358 1979-10-03 11 AT LONG last, things are brightening up a little at Leong Huat Industries which has just reported an unaudited pre-tax profit of $488,260 for the six months ended June 30,1979. The recovery came on the back of a near 150 per cent increase in turnover to $5.69358 words
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Article, Illustration503 1979-10-03 11 §skd®B». by HOCK LOCK SIEW COMPANIES seeking funds from the public, whether through, a rights or new issue, have a clear cut responsibility to define the purposes of the issue. Such companies should, when inducing potential investors to subscribe, give full disclosure as far as possibleby HOCK LOCK SIEW - 503 words
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Article146 1979-10-03 11 Date Last Foil Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Dlv. Profit <%) <$*••) Bo vis I 15/9 14.509L D Keramat I 20/9 89.8 146.5 25,895 Alcom I 22/9 7.5 10.0 1.119 Mai Bank F 23/9 28.6 17.5 25,742 Robinsons F 26/9 14.1. 15.0146 words
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Page 11 Advertisements
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Advertisement21 1979-10-03 11 KFC RESTAURANT Hong Leong Building Basement. Shenton Way KFC Services incluae Catering Functions Take-Away Open daily Bam— 11 pm Tel: *****0721 words
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Advertisement130 1979-10-03 11 Jardines: 1979 Interim Report i Net profit for the first six months of 1979 7% above the same period last year. Results reflect higher recurrent earnings. Earnings growth in the second half of 1979 expected at least to be maintained, and probably improved upon. Interim dividend equivalent to 550.094 per130 words
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323 1979-10-03 12 THE Singapore's Asian dollar market took another step forward in August with the size of the market expanding by a hefty US$l.9 billion (553.9 billion) to a record U5534.2 billion. This increase comes in the wake of a moderate growth of US$B6O million323 words
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Article, Illustration29 1979-10-03 12 A group of Afghani students in India protesting outside the Russian Embassy in New Delhi against alleged Russian intervention in their country's affairs. UPI photo. UPI photoUPI photo - 29 words
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Article, Illustration348 1979-10-03 12 SINGAPORE'S timber industry fared well last year despite sombre world trade conditions. Demand for timber and timber products was high, resulting in higher prices towards the end of 1978. Total exports last year amounted to $768 million, a 27 per cent climb from the348 words
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Article211 1979-10-03 12 AP A TOP official of the US Treasury said yesterday the soaring price of gold, now near US$4OO an ounce, is "an extremely unhealthy phenomenom for the world as a whole." Anothony Solomon, the Undersecretary of the Treasury, hinted that the United States is considering new measuresAP - 211 words
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Article156 1979-10-03 12 ALLEGATIONS that increases in US fuel costs are linked to price fixing by the Organisation of Petroleum Exporting Countries may be reviewed by an American judge who dismissed an anti-trust suit against the cartel. US district judge Andrew Hauk said on Monday he156 words
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Article128 1979-10-03 12 Reuter ARAB heads of state are to consider using a selective oil embargo against nations opposing their political demands, Iraqi Foreign Minister Saadoun Hammadi was quoted as saying today. Speaking in New York to the independent daily newspaper An-Nahar, he said that atReuter - 128 words
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Article832 1979-10-03 12 LONDON, Tues. Gold shares moved sharply firmer in active trading in line with the gold price, dealers said. Heavier priced issues were as much as $5 higher while medium and lightweight stocks were up to 150 cents firmer. In oils, BP added 25p to a record 1320p, on832 words
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270 1979-10-03 12 MORE tourists arrived in Singapore in July but the rate of increase was lower than in June, the latest Singapore Tourist Promotion Board figures show. The number of tourists increased by 14 per cent to 200,664, marking a slowdown in growth from the270 words
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492 1979-10-03 12 JOHN LIM - By JOHN LIM SINGAPORE last year attracted investment commitments which are in line with the government's current emphasis on industries with higher valueadded and technology. The projected valueadded per worker of new investment commitments last year was twice that of 1977. Further, the technological sophistication492 words
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191 1979-10-03 12 ACCOUNTANCY expert Awther Singh, a defence witness in the Richard Tarling trial yesterday, said the legal ingredients set out in the five charges under the Companies Act seem "strange" to him. A former senior accountancy lecturer at the University of Singapore, Mr Singh said the191 words
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Page 12 Advertisements
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Advertisement289 1979-10-03 12 I M ERGERS 1 CQUISITIONS A top level management seminar made available in this region for the first time, featuring two internationally renowned experts in the field: PROFESSOR ALFRED RAPPAPORT, Leonard Spacek Professor of Accounting and Information Systems and Director of the Accounting Research Centre, Graduate School of Management, North-Western289 words
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Page 12 Miscellaneous
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Miscellaneous128 1979-10-03 12 ALTHOUGH the SW Monsoon is moderately active over the Bay of Bengal and a tropical storm has developed to the east of the Philippines, generally fair weather conditions prevail over most parts of equatorial latitudes of South-east Asia. Singapore is therefore to be affected by isolated thundery showers on a128 words
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SHIPPING TIMES
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PORTSIDES
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Article148 1979-10-03 13 AFP HOVERLLOYD, which has operated cross-chan-nel hovercraft services between Ramsgate and Calais since 1969, is up for sale. Six hundred employees of the multi-million dollar British subsidiary of the Swedish Brostrom Shipping Line have bee told that it is to be sold as a going concern. TheAFP - 148 words
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Article49 1979-10-03 13 Reuter MEMBER lines of the shipping conferences covering trade between Europe and India, Pakistan and Bangladesh, have announced that from Oct 1 eastbound bunker surcharges will be reduced from 10 per cent to 9 per cent, and westbound from 22.5 per cent to 21.5 per cent.Reuter - 49 words
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Article63 1979-10-03 13 Reuter JAPAN'S Ishikawajima-Harima Heavy Industries (IHI) has initialled a contract to build two 140,000 dwt bulk carriers for Australia's Broken Hill Pty (BHP), IHI said. The Japanese company refused to give further details, but Tokyo industry sources said the contract is worth 16 billion yen (about Ssl6oReuter - 63 words
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552 1979-10-03 13 RAHIM KASSIM - By RAHIM KASSIM AFTER four months of brisk trading in the turbulent US Pacific trade, Asia America Line has announced that it will add aother two ports on the US West Coast to its itinenary. This will start from Oct 20552 words
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Article206 1979-10-03 13 UPI ORE TRADES dominated weekend chartering by previdiag emptoymeat far several large bilkers sad combiaed carriers. Nlppe worked IIMM teas tram Dampier ta the Cooti■eat abaard the mid-Octa-ber OuunplMiM at US$l4 .35 (Ha), while ether la teres to arraaged 11,111 teas of Brasilia* are tram Tahara* ta (HjMUPI - 206 words
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398 1979-10-03 13 THE AMERICAN Bureau of Shipping (ABS), has chalked up a satisfactory performance for the first half of this year. The bureau, which is based in New York, is an international society that establishes standards for the design, construction and periodic survey of merchant vessels398 words
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Article128 1979-10-03 13 THE NATIONAL Maritime Beard announced yesterday that it will revise the basic pay for seamen with at least 12 months' sen service by $32 4 per cent with effect from Oct 1. The revision wns made npon the recommendation of the Ministry of Labour following the128 words
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1993 1979-10-03 17 SHIPPING LIST where your ships are due and when 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 Port1,993 words
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Article860 1979-10-03 18 1 RECEIVING OF EXPORT FCL CONTAINERS I AND LCL CARGO AT CONTAINER TERMINAL INB. 1 (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent I and is subject to change I (2) All export FCL containers and LCL cargo must be delivered to the860 words
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479 1979-10-03 18 AP A YEAR ago, the competition among Japan's commercial car ferry operators was fierce, and based on speed. He who had the swiftest craft won the lucrative contracts with the cargo trucking industry. But the West Asian oil shortage put an endAP - 479 words
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549 1979-10-03 18 ITALY is the worst country in Europe for container thefts with thieves so daring that complete units just vanish, warns the Through Transport Mutual Insurance Association. The club, which specialises in insurance for container and unit operators, says that special precautions549 words
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Article67 1979-10-03 18 Reuter THE LONDON Tanker Brokers' Panel has announced the following weighted average world tanker freight rates assessed over the period Aug 16 to Sept 15 with previous month's figures:. General-purpose worldscale 289 vs 272.6, mediumrange worldscale 226 3 vs 228.2, large-range one worlds scale 138.1 vs 146.4, largerangeReuter - 67 words
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Article539 1979-10-03 18 Shipping Line ACS Afea Alfred Alpac Angkutan ANL APL Arya Nat ASCL Asia America Asia Merchant Atlas Aust.Cont Page n IV V IV V i m n m n n IV IV CM 5 3 2 5 5 1 2 5 1 5 5 4 5 Baltic Bank539 words
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Article, Illustration285 1979-10-03 18 A RESCUE fleet of six vessels from ocean salvage and towage company Smit International (South-east Asia) recently completed another salvage operation In Indonesian waters. An Argentine cargo liner owned by Elma Empresa Linens Marltimas Argentina*, the Cstamarcs D, ran aground en rente from285 words
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Article, Illustration470 1979-10-03 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barber Priam (Ro/Ro) (0300 must starboard to) 46/ 47 Bowoon N0.3 (Tanker) (2100 after Joo Hong subject gas free C/O) 13/14 Benjamas (2300 after Knud Maersk D/L) 35/36 Havana Mam (0530 after Tow Trader) 18 Hugheverett (0530 after Bessang Pass) 27/28 Joo470 words
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Page 13 Advertisements
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Advertisement462 1979-10-03 13 I:\vrctt Lines rat TH« MOST PttQUtMT SAIUMOS TO BAMOKOK HOMGKOM6 JAPAN HJSAM. Ivorvtt SleemeNp Corpn. t/A **4§» t M tt '01 OCtC »«Q T«« JI44T *»< K«M VOCSMtP CO T# JO?W \R I) 1\ 1 I \H m r Orient Overseas CotUomeA Line FULLY CONTAtRBED SERVICE TO EUROPE (VIA SUEZ)462 words
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Advertisement241 1979-10-03 13 1)9 ssi SEALORD UJ ANTAf 1 H m UASC UNITED ARAB SHIPPING CO (SAG) Ij WEEKLY MULTI-PURPOSE SERVICE^ S pore J Loading tor FULLY CONTAINERISED SERVICE omrruHE to usa. cakaoa aho cmnkan Feeoef Vessel/line Haul Vessel Mitt npr Mt/Ci—iihi 77 Oct C Oct 21 Merit Um OX/MduM US Od 13241 words
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Advertisement433 1979-10-03 13 NOL NEPTUNE ORIENT UNES LTD FAR FAST EUROPE FULLY CONTAINERISED SERVICE a i bclel yfl Spore P HhR R dam F stow* H'burg Brem Awerp C CONTAWER 1? Oct 13 Oct 29 Oct 30 Oct 31 Oct 3 No* 4 No* 6 Not SS BRIDGE 20 Oct 22 Oct 7433 words
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Advertisement673 1979-10-03 13 EUROPE/FAR EAST SERVICE See Pege IV Column 3 for Soilings LTD Agents SINGAPORE SHIPPING AGE NCIES PTE MARKETING *****? GtNtrtAl *****1 A Mm EURO ASIA LINE SDN BHD KL *****7 P K l ANG *****1'3 PENENG 64 781, 2 fn 1 i- n—yr* wrn!" > «ft'i ii I'l l "I673 words
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Page 14 Advertisements
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Advertisement771 1979-10-03 14 FU.LT CONTMOSES TO OMR Branca Express Lhrtrped lay Tot to Bar Cardan Bar Or «it*. rek»Eipress Mm Mam Knaf j Mara iMteHn Ulliwn Eiprets EXPRESS CONVENTIONAL TO EUROPE S port Mahal Pen Mat Genoa HTxrt Braman (dam AnUrerp tH»i 310 6/JO 3/11 12/11 10/11 S/U 6/11 MMm 3/10 4/10 8/11771 words
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Advertisement336 1979-10-03 14 Knit Dtcll N» 10 IDk 21 m 0 Oi f Tr CANADA/USA Pwfit Coast m *S«u *s r J* juci a SINGAPORE 0-11/10 17 taw* f K«tan( 4-7/10 IUC) rms) (C*C) 17-20/10 11-20/10 4-7/11 1 17-10/11 P Xttanc 4-7/10 14-17/10 0-10/11 15-14/11 lakjrii 21-24/10 22-23/10 1 21-23/11 11/11 13/11 15/11336 words
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Advertisement674 1979-10-03 14 0 EVERGREEN LINE fflß [AST PJROPf IXPRL SS Ml CONTAINER StRVICE ACCEPTMG CARGO FOR: HAMBURG. FELKSTOME. ROTTERDAM. ANTWERP. IE HAVRE > ALSO ACCEPTMG CARGO FOR: UWTED KMGDOM SOUTHAMPTON. LONDON. MANCHESTER. WRMWGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS ST GERMANY HOLLAND AMSTERDAM I'm* tatwt FMm >«!>■«— Mmi* Lt Hwn l»« tain Mlt 23674 words
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Advertisement910 1979-10-03 14 Everett Lines W B«rma Fivt Star Skippk»| Corpn. "BURMESE NATIONAL LINE" LOADMG FOR RANGOON Spara Ml 312/4 Oct 5/0 Oct KTANTAWmA... PPW 312/4 Oct 5/« Oct SALOMON CAREER (LOAOfIG FOR HONGKONG ONLY) 5/7 Oct B F S.S C Aoants *1 Moloyuo TIPS MALAYSIA Port Ketong T«l (38)-7355 Panong Tat *****/*****910 words
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Advertisement734 1979-10-03 14 r mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD MM 2102 2103 21ST FLOOR MARINA HOUSE SHENTON WAY MISTR! ROAO SINGAPORE 2 TEL -*****44 7& *****70 SANKYO LINE AUSTRALIA SERVICE KYOSQ MN YUE MANDAT SIT... YUERNIK. 8/7 Oct 9/10 Oct 18..-STO 17/11 Oct IS/IS Oct MEL 9/10 Oct SYD. ICL. ACQ 11/13734 words
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Page 15 Advertisements
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Advertisement940 1979-10-03 15 Overseas ■B u Containers Limited Weekly service to/from UK/Europe To UK/Continent !>n PKotang Km Eipreti 4 Oct Unqwllar 4 Oct r<tr*>*T u Oct K Oct Cardfcanßar M Oct C*t of f Mvfk 24 Oct Tetee Eiprvu 27 Oct Kao*aMare 4Nn 21 Noo 23 Neo 24 Nn 2< Nn 27 No940 words
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Advertisement868 1979-10-03 15 GRANARD LINE RED SEA/MEDITERRANEAN SERVICE S>ore PJitang fa IM. MAN TAT WW... 10 Oct (Frttjr Boafcit) mm kwyorx ***** 4Nw HV. WW AN V.33W 20 Nw acc»tws com wo cmgo ra amn Wdati/ P. Said/ Alexandria/ Beirut/ lattakia fort Sad/Ateundna/ Beirut/Lattakia Jeddah/P.Said/AleMndria/ Beirut,/Lattak.a M.V. WW Ml V.24C 27 Oct KHung868 words
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Advertisement803 1979-10-03 15 BEN LINE CONTAINERS EXPKSS CONTUn somci TD/Rm BMK C+mt* atnimm* l*l*M Kaatan la? TMoa bprats Spore P UM| N Germany/Antra 4/11 a/M M/ll 4/11 M/ll 24/U 12/11 14/1* 1/11 VII M/ll 1/11 1/11 M/ll U/U U/U n/M 14/11 u/ll M/ll 17/11 19/H ,vn a/n a/n vn a/n a/n 14/11 a/u803 words
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Advertisement668 1979-10-03 15 T Scan Dutch 9 i.i »->m: i'l i»it' 3 »7i»i i .:T? lONGA DAMUA 1/1 MGAONU 23/1 aVia MM MM> 3) IWI a/u a/io ae/io 30/14 4/11 1/11 VII 11/11 13/11 14/11 IVII 20/11 21/11 2C/11 27/11 21/11 1/12 4/12 5/12 10/12 11/12 12/12 17/12 It/12 11/12 23/12 25/12 E668 words
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Advertisement619 1979-10-03 15 BOUSTEAD SH,PPING AGENCIES THE BANK LIME LTD LOADS FOR E. I S. AFRICA katerm oucaranos PUfcrE !££> C ?llrten 16/18 Oct Spore 19/22 Oct P Keian» LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) Sat*** P Keianf Kuantan USM MASON LTOS (lea*) Gdn 1/4 Od 5/i619 words
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Advertisement982 1979-10-03 16 K LINE KAWASAKI KISEN KAISHA. LTD. m C CONTAMER i* SS BIWGE 73W N CORAI 15# K lACE JM M N PtARt 17* TO EUROPE p l H*r* Rdant I 13 Oct 29 Oct 30 Oct 22 Oct 7 Nov 9 Nov I 27 Oct 13 No« 14 Not 1982 words
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Advertisement764 1979-10-03 16 E.C./wEAT URES SERVICE ioaomg f« m ran. nrou. momtkm tobohto ashtamu Pom* Btfaaan P Mm| Smppo' "I KSSa' CALIFORNIA/PACiIC NORTH WEST SERVICE Im*| to: LOS AAGEUS. SM FtMCBCO. SUTTLE. TACOMA. VANCOUVER B C EXPRESS CONTAINER/CONVENTIONAL/ REEFER SERVICE Pmim P Um Smfjpo»» I. Anted "IOiKMUVr t/ll Oct 11/12 Oct 13/15 Ort764 words
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Advertisement738 1979-10-03 16 2^ ,\< roup SINGAPORE SHIPPING AGENCIES PTE LTD ;-Tm KC<- W >• tANBoLO *G V'SC.APOHt VAM« N f., s(b (,f st«t L 9• 1" 1 '4 .iN f '(tf» 8 5.4 1 ABS'"P*C*BLt ACi.OSM'C BTflml iu.fluj f) Container Lines WEEKLY CONTAINER SERVICE to/ffixn BANGKOK DSRLIMES^ far lm I MBflfH V738 words
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Advertisement715 1979-10-03 16 (MIMM!© MAL+VSIAN INTfHNATIONAI SHIPPING Co**o*ATK>* BfHHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA I) brctton*. Genoa. 2) Amsterdam Anlw Bremenhaven Aartois. Copenhatm Helsinki 4] •Accept** Earope carp tor leader na S port EAST W): 1) GDort 2) tfbort 3) I'm NED KNI Sailed SaM SaM NED HOORN SaM Sadad Sa*ed TOYMM715 words
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Advertisement730 1979-10-03 16 INTRASEA (PTE) LTD rabe' House 234E o'Ch.ira Road Stngapon® 9 Telephone *****1 V23S4OS 7 JTMtAMA-MWM REGULAR INDEPENDENT SEMI/FULL C CONTAINER SERVICE TO EUROPE ALITOR NORASIA NBS4 NORASIA N857 Spore P. Kdang 10 Oct 14 Oct 31 Oct SNm 12 Nov IS Mm Avon <UK) Boulogne Rotterdam/Antwerp/ Awn (UK) Boulogne/Avon (UK)730 words
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Page 17 Advertisements
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Advertisement377 1979-10-03 17 m. EGYPTIAN INTFRN ATIOM A I I IKJP /PII 1 INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FROM EGYPT ALEXANDRIA SINGAPORE ffILE U SEPT 24 OCT 9 I GENFRAt AGENTS L N SHYING PTE LTD TEI *****11 (SINGAPORE) II X R*****7 SUB AGE NTS HSH (Mi SDN BHO TEI *****3 4860?7 (Kit377 words
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Advertisement363 1979-10-03 17 TT\ ALFRED C. TOEPFER J** SCHIFFAHRT Express Regular Service To Dubai uu ETA ETO M.V. ANTOKTTE S Oct 15 Oct Express Service to Damnum and Kuwait ALIAKMON LEAK* 2 Nov 7 Nov Owners Representative Office Tel. No. *****33 AGENTS NEW OKNT TMMK I SHPfttS PTE LTD. 2M4. 20» Fir SMm363 words
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Advertisement329 1979-10-03 17 COMBO LINE AGf NTS Spore Magna Shipping (Pie) ltd for Bookings contact Mi Francis [fo )ohnn» Kef Tel *****11 5 2205/93 4 Pt Kelang Perkapalan Timur laut Sdn Bhd Tel 38 8506 7 Kuala lumpur *****1 2 CELTIC BULK CARRIERS Regular Bulk Service For Timber Plywood (¥°T 24/H hoi. H329 words
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Advertisement499 1979-10-03 17 G.£ GOLDEN LINE GUAR GUAM SHIPPING (PTE) LTD n. telok ato siwn. smgapok i. ra *****2 (is ides) I* Kit* Unpar *****. t K(tan( 317*1 tea* *****8 s "<"l A|aa» OWIT UWO (M) SON BMD 18. KJ7I STRAITS/PERSIAN GULF SERVICE. S >>" MW«e Pfnang GOLDEN HORSE Muscat. Kuwait K**M (/t499 words
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Advertisement277 1979-10-03 17 m inTERfTIOOfIL BUIC TRflnspoßTflTien lire 2nd oriental Plaza jalan parpv kuala lumpup T£l *85*44 T L£ K fßl'N£ MA 3*o^4 STRAITS/EUROPE SEMI-CONTAINER SERVICE •OMGOWULi (L-7) MSB NBDOM (111) f.M«| Sp»« fltei Nwi *PI 12 Oct IMhq/% 1? Od 7Od U»/ttvt FAR EAST/STRAITS/EUROPE SEMI-CONTAINER SERVICE nmmo (Ki-5). TW (KM) TW (K£-7)277 words
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Advertisement58 1979-10-03 18 NOTICE I FAR EASTERN FREIGHT CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE NOTICE TO SHIPPERS TMMSWMENT NXXTKNMLS TO PORTS OF DCSTIUTION WITH EFFECT FROM IST JA- NUARY, 1980, TRANSHIPMENT ADDITIONALS WILL BE QUOTED IN THE SAME CURRENCY AS QUOTED BY THE ONCARRIERS AND WILL NOT THEN BE SUBJECT TO THE58 words
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