The Business Times, 23 November 1979

Microfilm: NL10394
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. IM/1/1I FRIDAY, NOVEMBER 2S, 1179 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon No shortage fear
      60 1 Reuter TOKYO, Thurs. Japanese government leaders today dismissed fear for fuel shortages here this year, as the nation's oil stockpiles reached 441 million barrels or equivalent to more than 100 days consumption. A government spokesman said the anxiety was ruled out at a ministerial energy saving measure
      Reuter  -  60 words
    • Article
      Lock icon Prolonged war
      79 1 Reuter BANGKOK, Thurs. A high-ranking Thai military spokesman today predicted that guerrillas loyal to ousted Premier Pol Pot would survive the current Vietnamese military campaign against them in western Kampuchea. Chief spokesman of the Thai military Supreme Command, Lieutenant General Som Khataphan, said he believed the guerrilla war
      Reuter  -  79 words
    • Article
      Lock icon Brunei's trade surplus
      48 1 Reuter BANDAR SERI BEGAWAN, Thurs. The oilrich Sultanate of Brunei registered a trade surplus of U551,022 million in the first half of this year, $182 million up compared with the same period in 1978. Imports totalled $208 million while exports amounted to $1,231 million. Reuter
      Reuter  -  48 words
    • Article
      Lock icon Investment guarantee
      47 1 Reuter KUALA LUMPUR, Thurs. Malaysia and the Belgo-Luxembourg Economic Union signed an investment guarantee agreement to protect investments of each country against nationalisation or expropriation by the other unless in the national interest and with adequate compensation, Trade and Industry Minister Mahathir Mohamad said. Reuter.
      Reuter  -  47 words
    • Article
      Lock icon Japanese participation
      80 1 Reuter TOKYO, Thurs. A Japanese consortium of three companies has decided to take part in a A#l billion project to mine bauxite and produce alumina in Western Australia. A consortium spokesman said the project now being undertaken jointly by three US and Australian companies called for the construction
      Reuter  -  80 words
    • Article
      Lock icon Forestry laboratory
      57 1 AFP JAKARTA, Thurs. Indonesia is to build a 4J5 billion rupiah re-forestation laboratory and study centre in Samarinda, East jfaHmantan the country's leading timber producing province. Work «n the project, which will be carried out with Japanese assistance and will come under the state Mulawarman University, will start
      AFP  -  57 words
    • Article
      Lock icon Fokker proposal
      64 1 Reuter TOKYO, Thurs. The Dutch Fokker aircraft company today pressed home its proposal that Japan participate with it and American companies to make a new medium-haul, twin-Jet airliner to begin operating in 1965. Fokker chairman Francois Swarttouw held talks with Japanese officials on the project, dubbed the F29
      Reuter  -  64 words
  • Article
    Chief Price Changes
    139 1 Rises Suncei BmI 1010 15 Peff Msia 147 +9 P M K I 300 +8 N 8 T 530 +5 Guo 505 5 M U I 474 +4 Tu Ckoif 300 +4 S«t View 120 +3 C Sufiri 306 2 Spore Glass 210 1 Semb Shipyard 203
    139 words
  • Article, Illustration
    KUALA LUMPUR
    144 1 Rises S Mai Tin (M) 1CT0 +20 Rahman Hyd 545 +10 Lingui 234 +09 KKampar 450 +06 Sea View 118 +05 NST 525 +05 N Iron 600 +05 Minsec 685 +05 Falls Petaling 1060 -30 A Amal 565 -25 ecu 580 -25 DerJunta! 745 -15 Matsushita 530 -10
    144 words
  • Article
    Japan to study Lee's proposal
    685 1  -  INSTITUTE OF TECHNOLOGY By FOO CHOY PENG JAPAN will be sending a team to Singapore to conduct a feasibility survey on the setting-up of a JapanSingapore institute of information technology as proposed by Prime Minister Lee Kuan Yew during his five-day official visit to that
    685 words
  • Article
    HABIBIE TO MEET LEE FOR TALKS
    230 1 INDONESIAN Minister for Research and Technology Dr B J Habibie arrived in Singapore yesterday evening for further, talks with Prime Minister Lee on Singapore's participation in the Brarn Island project. Dr Habibie is in charge of the Batam Island Development Authority and had met
    230 words
  • Article
    Labour survey will be telling
    403 1 THE SINGAPORE Institute Of Personnel Management (SEPM) will ooqdnot a survey to mmm the state of industrial relations between management and unions. Its report is expected to be completed early next year and will serve as a reference point when subsequent surveys are conducted in
    403 words
  • Article
    CALL FOR RESTRAINT
    385 1 HOTELS in Singapore have been urged to exercise some restraint in their pricing policies and to maintain a high quality of service. Mr Tan I Tang, chairman of the Singapore Tourist Promotion Board, said the well-being of tourists and ultimately that of the hotel industry depends very
    385 words
  • Article
    Keck Seng to buy 10pc stake in Parkway Properties
    235 1 IN KEEPING wttll Its Mnwnled! Stag (Malaysia) hat •greed to pen torn It per eeat sf the enmity tf a Blngap»re-lae*rperated property twwfa—l e«Hf»aj, Pirkwtj Parkway baa aa aatto rtoed capital sf SM milltoa •ai a piKkp capital sf ft J
    235 words
  • Article
    SIA to fly 5 times a week to Los Angeles
    523 1  -  By WANG LOOK KEAH SINGAPORE Airlines will inaugurate its service to Los Angeles, its third point of service in the United States, in a big way five times a week with the 8747. But the national carrier will not operate
    523 words
  • Page 1 Advertisements
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  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      410 2 COURSES AND TAIJLS Nov 23: Managerial Effectiveness, Shangri-La, Singapore Institute of Management Nov 23-Dec 21: Shipyard Basic Safety and Health Training, YMCA International Centre, National Productivity Board and Ministry of Labour Nov 26-28: Financial Projection and Analysis, Shangri-La Hotel, SGV-Goh Tan Nov 27: Zero Base Budgeting, Hilton Hotel,
      410 words
    • Article, Illustration
      Australia's new holiday concept
      441 2 SINGAPOREANS are being offered participation and Investment in a new holiday concept Australia's first major time sharing resort development at Cedar Lake in Qnwmlinri. Two Cedar Lake officials, Mr Robert Anthony and Mr WiHiam Punjak, are now bi Singapore to explain and make audio-visual presentations to
      441 words
    • Article
      SIA's biennial conference scheduled for Dec
      120 2 amct w jSLSfjS Im ftt&IIAMIIih Mh« CiMinsn ta Dm Stol. z Mi wtow S22S railing feel eests Ml declining yield* la TSSSL «ateto stock «< mt sjsiw wwn perliniua Mi hnnlit* sssirttyz challenges »rlila| Itm Umm ImlifMtk The he exaaMed to a^evfewnsf spKKS riSTan:
      120 words
    • Article
      Capital equipment in limelight
      277 2 THE most promising areas (or UK exporters lie in capital equipment and technology which will enable Singapore to broaden its Industrial base and spread whatever risks there may be of decline in particular industries, says Midland Bank International in its newly-published "Spotlight" leaflet. Singapore imparts mast
      277 words
    • Article
      Productivity strategy
      218 2 THE National Productivity Centre (NPC) will conduct a two-day seminar on Industrie Engineering: Strategy far Higher Productivity in gimi» Lumpur next month. The seminar; on Dec 4 and 5, will greatly help key management personnel in improving techniques of increased productivity .and profitability, the seminar coordinator, Mr L
      218 words
    • Article
      Legislation to complete metrication by 1983
      396 2 THE METRIC system Is popularity to the retail sector. Last year, per cent of textile retailers were selling in metric. Wholesalers and retailers of rice have also converted to metric units since October IS7B. However, the Metrication Board indicated In its latest ■iimfi report
      396 words
    • Article
      Foundry project by Malaysia Pistons
      230 2 A MALAYSIAN piston manufacturer, Malaysia Pistons (MP), is considering investing in an aluminium foundry to enable it to obtain piston castings in Malaysia. The 'backward integration' of the plant had begun with an earlier investment made recently involving development of facilities to manufacture cylinder liner
      230 words
    • Article
      Hawaii company chooses Singapore
      221 2 THE board of directors of Alexander and Baldwin, a major Hawaii corporation founded 100 years ago, will meet for the first time in Singapore on Nov 30. Mr Gilbert Cox, chairman and chief executive officer, said the 12-man board is meeting here principally to permit the
      221 words
    • Article, Illustration
      KODAK'S LAB SEMINAR
      73 2 LABORATORY aaaaagere (r«B ffigtnw K«4»k Cempaay'a AjfaM, Afrtcaa mM the emttj attested a ta*week Mater at the etBMaj'a head* Barter* to EmMv, Blear Yak. rv am tfhMbf to redaee eaata while matatatotog high qaalIty ataaiaria aai prevtotag faat aai wUahle service I• the cmtMIOT Pftetare Am freai
      73 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      466 2 i*. -r r -s£l£? Bft SBr fe n .<j* s <: 9? v I Mv».. "> V..». ~-< f 4&f£? phs:.. •'./<"■" V" V:"": WfijL. **.< mk W&HBBMi A *V A TPmr >< Y »i;' >'■"*: f M|;r-*>: feg* V f V- m' y IllSfil Eft 4t*4 M*r 'V> 4
      466 words
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  • REGIONAL
    • Article
      Lock icon Japan's defence hampered by lack of funds
      144 3 UPI PRIME Minister Masayoshi Ohira of Japan said that poor state finances make it hard to modernise Japan's defence forces. Mr Ohira said the selfdefence forces "have two problems growing personnel iipiuts and the need to modernise their facilities and equipment "Modernisation of
      UPI  -  144 words
    • Article
      Lock icon Beijing district election results
      149 3 AFP. THE Chinese Communist Party woo its first election in a Beijing district 30 years after coming to power in China. The Communist Party won 218 of the 348 deputies seats in the east city district local people's congress, accounting (or 62.64 per cent at the
      AFP.  -  149 words
    • Article
      Lock icon Hongkong consumer prices rise
      106 3 Reuter HONGKONG'S 'A' and 'B' consumer price indices both rose by 0.7 per cent in October compared with September to 146 (base July 1973June 1974), and were both 12.4 per cent higher than a year earlier, the Census and Statistics Department said. The 'A' index rose
      Reuter  -  106 words
    • Article, Illustration
      A kind word for prisoner
      37 3 A Thai army officer eunftrtiig aoc two Vletnunese captured at the harder with Kampuchea by aatt-eammurist Kampucheaa farces aad turned aver ta Thai officials. The Vietnamese said they are defectors, aat soldiers.
      37 words
    • Article
      Lock icon Hanoi accuses China of massing troops
      513 3 AP, UPI VIETNAM accused of building up "a massive concentration of troops" in preparation for a new invasion and proposed an Immediate cease-fire along the troubled Sino-Vietnam borders. Vietnamese delegate Dinh Nho Liem charged, during the 14th session of Sino-Viet-nam border talks in Beijing
      AP,; UPI  -  513 words
    • THE REGION IN BRIEF
      • Article
        AID FOR BURMESE
        430 3 CHINA is to build a sports stadium, textile min« and power stations in Burma as part of the economic cooperation agreement signed between them, the official Burmese news agency reported. The agency said a fivemember Chinese economic delegation led by deputy director-general of the Ministry of Economic
        430 words
    • Article
      Lock icon Manila gets pledge on defence
      140 3 AFP. ACTING Foreign Minister Manuel Collantes of the Philippines said the United States has reaffirmed its commitment to "come immediately to the defence of the Philippines" in the event of "foreign aggression". Mr Collantes pointed out that with the Philippines' adoption of self-reliance, its concern
      AFP.  -  140 words
    • Article
      Relief routes opened
      55 3 LAND, aea and river routes throughout Kampuchea have been re-opened to allow the distribution of thousand of tonnes of relief aid to even the remotest areas in the country, the Kampuchean news agency SPK reported. It said that handling capacity at the ports of Phnom Penh »nH
      55 words
    • Article
      Lock icon Minister quits following budget row
      326 3 AFP. PRESIDENT J R Jayewardene of Sri T.»nir» has accepted the resignation of his Plantation Industries Mini*, ter who was accused of violating collective Cabinet responsibility by criticising the government's budget. Mr MDH Jayewardene, appointed Minister of Plantation Industries when the current government came to
      AFP.  -  326 words
    • Article, Illustration
      Hua planning visit to Jakarta report
      657 3 A REPORT from Beijing that Chine* leader Hua Guoieng is considering a visit to Indonesia aroused speculations in Jakarta that he would pave way to "thaw the frozen relations" between the two countries. But in Jakarta, Foreign Minister Mochtar Kusumaatmadja said he was not
      657 words
    • Article
      Lock icon Proposal lor Choi
      262 3 AFP. SOUTH Korea's major opposition party leader yesterday proposed that the government of Acting President Choi Kyu-hah organises a consultative council for national reconciliation to discuss all pending questions arising from the death of President Park Chunghee. Mr Kim Young-ram, head of the New Democratic Party said
      AFP.  -  262 words
    • Article
      Lock icon PYONGYANG SEEKS PEACE PACT WITH U.S.
      107 3 AFP. NORTH Korea has proposed to the United States the holding of a bilateral meeting for the conclusion of a peace agreement between the two countries, official Pyongyang radio monitored in Tokyo reported. The North Korean Workers Party organ Rodon Shinmun, quoted by the
      AFP.  -  107 words
    • Article
      Lock icon Japan to buy oil intended for America
      109 3 AFP. JAPAN is expected to import a total of 12 million barrels of Iranian crude oil under spot contract at a price of about USMO per barrel, a Tokyo economic daily reported yesterday. The Nlhon Keizai Shimbun, quoting oil refining circles, said major
      AFP.  -  109 words
  • Page 3 Advertisements
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  • RAW MATERIALS
    • Article
      Lock icon Straddling the commodity market
      1166 4 CONSERVATIVE APPROACH NYT IF there is a conservative approach to commodity futures trading, it is the esoteric "spread". Essentially, a spread (also termed a straddle) is the simultaneous purchase and sale of futures in different delivery months of the same commodity, or different commodities and markets.
      NYT  -  1,166 words
    • Article
      BRIGHT FUTURE
      217 4 THE WerM Buk baa bneait t bright Mm far the jataraatteaal aataral jabber ladestry mr the cismlag decade, nU acttag eaatreller ef the Rebber Reeeareh Imtitate Matayala (RUM) Ahmad Hareak HaJI lahak hi Kami* Lemper. Pa—< far lateral rebber will laereaee te 14 taUßea teaaea by aext year,
      217 words
    • Article
      Duty rates
      83 4 THE MALAYSIAN Minister of Finance has fixed these rates for the parted from Nov 22 until former notice: .i War. Wk cents a kg; Gapes: Sl.offi.o9 a tonne; Falsi banal: 9K8.75 s ion; WMte 11|| in 9Ms tonne; tonne; The rates of duty payable are: Bsbber: ft cents
      83 words
    • Article
      RUBBER
      206 4 THE SINGAPORE mart* CKjHU dlul jfSmtTQmj WllD December One RSS buyers quoted at SLOO cents per kilo, down half a cent Cram Wednesday's close, dealers said. The moralag market rose 0.2 of a cent on some covering interest la generally quiet trading. The afternoon session was fractionally lower due
      206 words
    • Article
      RAS PRICES
      288 4 R A-8. prices in etna per kilo yyurtty Ooe e (per kilo) (perk BMI Do) Seltan Int. 11LiS. praapt Lo-b. Int. 1 RS3. Dscenber lot 1R-S-S Janaary Int 2 R-S-S UK/Ooat IntSR-SS UK/Cnt Int. 4 R-S.S UK/CM Int. 5 R-S-S-UKCoot mm ml! ntji raj# ras mjo U) MRSM4
      288 words
    • Article
      SSR and SMR
      93 4 NOON IAI Mp*. Mr D«»« ICM •k* MM r Ja Ik) An L» r* mao (1-MB MMI MT« M •r» IM MB00N Mb r» 00 <«>■«» M7 00N S8S 10 l-Ma Mho Ml-00 1MOON *1. Jt »4.00N > ou MS OJ c B MM WMtl 9BRM WMQN
      93 words
    • Article
      Palm oil
      65 4 CXF. North European porta, In U8 dollars per ton unless otherwise stated. LONDON: W«4 Prtrioet Makynaa 6% Ha bulk per tonne 637.50* January uocb talk November unch cm nrwtr December 632-SOpd MMMr January 636 OOpd 637JOrir February «S7^0/640pd 640.00alr March 637.50/M0pd MO.OOalr Nigeria 5% ffa b< ilkatc unq
      65 words
    • Article
      Textiles
      185 4 TARN and cotton prices were quoted as follows In Hongkong yesterday: (Is HK dollars, spot «-*odon) Csttaa fans CMaa Blue Phoenix Ms UU; 3* 2.W. 40s 3,040 (per bale of 400 lbs). Pines ess*: Chins Butterfly aad Globe brand unq; Dragon Hssd nsq; Five Lambs oaq; FWiii aad Butterfly
      185 words
    • Article
      Produce exchange
      232 4 CONCERN over currency uncertainties made for a generally dull and featureleas trading day at the Singapore produce market yesterday. Coconut oil and copra were little changed throughout the day as there was hardly any fresh inducement to deal. The only sale of coconut oil reported was for a
      232 words
    • Article
      Rice
      310 4 BD4GAPOBE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first clw (Kangaroo) new crop LOl. 100 per caat aacoad daaa iB, ISO par cM tMrd daaa 000. B par cast new crop ao atock. B-10 par cent am THAI BROKEN 105, SptdOD IA -v.
      310 words
    • Article
      Straits tin
      32 4 TBK (TRAITS Ma prftee la gags aearby tightness which prompted generally Increased baytag deasend, sarttealariy trssn Iks US, Eastera Earepe aad Jans. tsial turnover fuse la MS tsanss sgskmt ICVi
      32 words
    • Article
      CLOSING PRICES
      28 4 Rubber; Not 22 Singapore; December: 292.00 cents (down 0.50 cent) Malaysia: December: 292.00 cents (unchanged) Tin: M 52,056 (>PI2) Official offering: 242 tonnes (up 79Vi tonnes)
      28 words
    • Article
      LONDON MAKkKTS
      532 4 COCOA: Futures /iter day opened £11 higher to a tower to volume of 129 lots. Market expected to ra unchanged against York initially but concern over nearby cocoa suppiles widened near position dtflerretlals December premium over near March £8 (ran £5 overnight No further news from Ghana over
      532 words
    • Article
      Hongkong Comex
      202 4 THE SUGAR futures market yesterday closed firmer in continued dull and featurelev trading, dealers said. Nearby January closed at 14.70/15.00 US cents agalut Wednesday's 14.00/50 close with distant October at 15.60/70 against 15.00/05 cents. Sugar futures ckMtat^rices^^ Jaa M.70/15.00 14JS/90 March ISJO/TS ISJS/V May IS.IO/70 IS.OO/05 July IMS/TI
      202 words
  • ASIAN STOCKS
    • Article
      Lock icon Market firms up
      462 4 TOKYO Source: DBS-Daiwa THE market firmed up, with Interest mainly on electronics, pharmaceutical and other quality stocks. But volume was moderate due to a wait-and-see attitude. Resources related stocks were generally losers, except for a few coal mining issues. Their large margin debt outstanding was a critical
      Source: DBS-Daiwa  -  462 words
    • Article
      Bangkok
      172 4 STOCK pricM d—d generally lower jiOuday In weak trading on a turnuw o IS.T mfllWi baht. FM Ttnat leD one baht to 120, Aria Credit fee to ITS, and Sake Union one to lit, virile Bangkok Bank, Matrtal Finance dorp and Slam Cement cloaed uncbanged at 114, 144 and
      172 words
    • Article
      Sydney
      291 4 THE market closed slightly lower yesterday, with The Herald and Weekly Times again dominating trading, dealers said. The shares reached a high of 1534 in early trading but fell back sharply following News Ltd's withdrawal of its bid far control of the compsny, WntoMng so cents down on Wednesday's
      291 words
    • Article
      Lock icon Hongkong
      279 4 Source: SHK Sec PRICES continued to ease on tight turnover yesterday morning bat found support around the TW-level on the Hang Seng Index. Continued support lor HK Land and HK Wharf coupled with heavy speculative buying ahead of results from Tai Cheung led to a rally and the market
      Source: SHK Sec  -  279 words
    • Article
      Manila
      104 4 THE market closed mixed yesterday with oils, commercials aad induetrlsle postiag ilifht faias wttis ■«Mf« dscMasrt Turnover Ml to 2.11 mOttoo pssos from Wednesday's Gaiaers outaaabsrod losers with Ltpaato B, PhOez B. Pat* aad FVsl Phil Holdtegs advancing sllghtljr while Baric FMrahum aad LsnMl B dedtoad. Bafsto OeAd, BeMMtOa
      104 words
    • Article
      Selected indices
      38 4 FINANCIAL TDW INDUSTRIALS Wednwdey 41X0 Tueedey Wl.l WMk««o 41*0 DOW MKM AVUtAOB DfDUmtlALS acn.42 Hli 1 as Thursday— 717.1» ■.UrnAy WM AM Mt <Pf 0TDNXT DfDUSTUALS ThnfA« ««W allounnaub Thursday MMI 1 mji eri-g L I
      38 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      100 4 Wendy Mutton's SINGAPORE iariTiTg ....more than just a cookbook! and superbly lustrated n ful colour, and offers more than 230 authentic, easy-to-fofcm recipes. Singapore food, with 20S paces and more than 40 colour plates, is a must for everyone interested in the subject an ideal |ift for your friends, and
      100 words
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  • OVERSEAS
    • Article
      DAILY AIRCRAFT MOVEMENTS
      571 5 4ARRIVALS Operator Naa VIM 1 iker 4MI fhM' Proa MAS 1 1MB KUL GU SM mm MM HLP 1MB MES 1UB MNL 1MB MNL 119B SPO/HNL/HKG 1MB BRU/DXBBKK SA I II QU QAM MAS MM 1MB HLP 1MB KCH BZA ILM mn CSA ss TG4L > 1
      571 words
    • Article
      Lock icon Bankers hesitant over loans to Chrysler
      431 5 NYT PROSPECTS lor to aid the tailing Ckyriv Corp clouded Wednesday, as two of the company's major bankers add they could not pieace committment ok new credit to the car maker, even if Congress approved the USSLS bfflkm ($1 button) in federal loan guarantees.
      NYT  -  431 words
    • WORLD IN BRIEF
      • Article
        Lock icon BRITISH APPEAL
        272 5 Agencies BRITAIN'S Foreign Secretary, Lord Carrlngton, Wednesday urged mil parties in the Zhnbanwe Rhodesia conflict to atop farther violence Ufce Sunday's raids by Salisbury forces against Zambia, to save the tortuous London peace conference from Lard Carrlngton's appeal came after ZamWaa President Kenneth Kaimria warned Britain, of their
        Agencies  -  272 words
    • Article
      Lock icon Oil use in OECD nations up one per cent
      315 5 Reuter major OBCD countries rose an per cent In the flrat eight months of 1919 over the same period of last yenr, the organlntte said. Bnt Its monthly supplemeat on oil trends said stocks levels at end-August were 4.7 per cent
      Reuter  -  315 words
    • Article
      Lock icon Near stagnation will linger on into 1980
      459 5 UPI THE ECONOMIES of industrial Wml Europe have lagsnttna which under pi mil poMcftaa will last wtU lato ay^year^UN Reaurgeat inflation vu one of the mala contributory causes, aad this could be better met by boostiag production rather thaa cutting back will the
      UPI  -  459 words
    • Article
      Accord on UK share of budget
      102 5 A REDUCTION of about a third in Britain's expected net contribution of some £MOO nrilUne to the European Economic Community (EEC) budget has been agreed In principle between win* tßwwhw countries, well-informed London aourcsa aaid. The sources said Britain was prepared to accept this
      102 words
    • Article
      Lock icon US demands may affect air industry
      214 5 UPI AN EXECUTIVE at a world aviation cartel aaid yesterday the US' demand to deregulate international air traffic could seriously impair the air Industry of other nations. Mr Umberto Nordio, eiecutive member of the International Air Transport Aasocistion (lata), also aaid higher oil prices
      UPI  -  214 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      248 5 '$Kti W'y'Z' f I m, f, n iW *i: -s M v Walter Huber is the BMW man in Singapore. Trained by BMW Headquarters, Munich, West Germany, he. is on hand at Performance Motors sole distributor of BMWs in Singapore to maintain the world famous BMW standard of service. He
      248 words
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  • Article
    Keeping ahead of competitors
    433 6 REPRESENTATIVES of the Asean countries and the European Economic Community (EEC) have met to discuss the potential of marketing electrical and electronics products in Europe, u it has achieved nothing else, the seminar mould have served to dispel the commonly held notion that electronics companies in
    433 words
  • Article
    Shortage of rooms more likely
    268 6 THERE are two distinct schools of thought about the future requirement of hotel rooms in Singapore. There are those who see a burgeoning tourist industry and a perennial shortage of hotel rooms. On the other hand are those who see mushrooming hotels creating a glut
    268 words
  • Article, Illustration
    Lock icon Concorde an expensive plane to fly
    895 6  -  By JOHN McQUISTON NYT CONCORDE, the supersonic transport, an economic failure on most of its international routes, has become a financial success in the two years that the needle-nosed Jet has been linking New York with Paris and London. In sharp contrast with its
    NYT  -  895 words
  • Article
    No practical solution
    124 6  -  Letter to the Editor D W DISTANT Dear Sr, The official reply (BT 20.11.79) to my complaint about the difficulty of getting through to the Airport Information Desk on *****8 has not moved the problem any nearer a practical solution. I fully realise airlines have the latest
    124 words
  • Article, Illustration
    Lock icon ON THE BRINK OF CHANGE
    750 6  -  By STEPHEN POWELL Reuter IN THE OFFICE of Togo's Minister of Information, there is a picture of the president, General Gnassiigbe Eyadema. Standard practice, of course. But what strikes the visitor, is that the president is wearing the wings of an angeL Seldom is the
    Reuter  -  750 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      262 6 Wfe have a history of making money grow jSjL Lombard North Central is part of one of the world's largest banking Jgfilj :.i groups and we have a history whicHHTI Sfi i covers more than ICX)years. r?G K k ffl Weofferarangeofdeposit fl J schemes which will produce maximum interest whilst
      262 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      658 6 LMM ROBBERS, ROBBERS JL X m to earlier tor C 5 5 3 naa TV Merle, illfllM M SINGAPORE 5 3.00 m Opening and Housewives Matinee When Baby Comes Down Town (Mandarin Film) 4.35 Intermission 6.00 Opening and Animal World Cats Of M Kinds 6.30 News in Brief 6.35 Sports
      658 words
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  • Article, Illustration
    Applied Engineering steals the limelight
    1384 7  -  By LARRY LAM THE PRESENT strength of Applied Engineering is a far cry from its early days, that is about 10 years ago. The company, which is currently specialising in pressure vessel design and fabrication, was then located somewhere in Geylang. The going was tough
    1,384 words
  • Article
    Lock icon The anti-nukes won't like it
    954 7  -  By PETER BLACKLOCK FT. THE BRITISH government is poised to make a big new initiative in nuclear power this month and the question is how will the country's nuclear opponents react? Prime Minister Mrs Margaret Thatcher, who' has committed her administration to nuclear power in
    FT.  -  954 words
  • Article
    Lock icon Successful but uncertain
    766 7  -  FORUM, with JAMES RESTON NYT. IT IS MORE comfortable to get from San Francisco to Tokyo these days. The big Jumbo Jets now have comfortable sleepers, as big as the old railroad car bedrooms, upstairs behind the flight deck, and you can actually sleep through the night
    NYT.  -  766 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      114 7 A reminder that shows even a great legend can have its unusual moments. Clearly, when you own a Mercedes-Benz, you don't want to be stranded nor leave your car unattended in the unlikely event of trouble. Our hot line will help you out wherever you are in Singapore *****6. Seven
      114 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      45 7 BriStoW :Fran]cDictos I NouJ UC CPiLL UfbN ere e>LOG&S OF SHOP TO S**f G\ Peu> uaoRDS my TOOL concg£N£D »r uu ec ft uneiicM ib *>o ftut rocuttv uw^. TO sft/ BIT eNooGMs eNOUGM. so ill BCXT uP aWdtpiwl my LAIHC or *>u ir r
      45 words
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  • INTERNATIONAL STOCKS
    • Article
      Mixed close
      978 8 NEW YORK THE STOCK nark*t on Wednaaday «Uwd off an early wave of emotional aeUag on heightened cowan about Iran and ended inland in active tradtag. The early seOhm followed news the US might mm conaUar military action to frea boatagee beM la Teheran and repot u of
      978 words
    • Article
      TORONTO
      165 8 wov a c» AWUM IT. Ate— ■STmmS li ten *o* Sent* sr> -S Ml TM V. •Hh Cory y CM LM JT. Cup Bad Lfth* ■<! s CmW K unch e»np»r M<> ***** la* H T CmrUat Oltitk IS one* rill 11 46Com hu its Com MirtMar is -s
      165 words
    • Article
      JOHANNESBURG
      299 8 NOV SI Rand INDUSTRIALS A Alpha as -it Abarcom SU -A At And a M uncb AMK SO unci) Bartow* W SifT*. S Cum* Plnanca Mi 4 Da B*an tad 1MB a Bdeon at Idpn HHB 100 Kwr«UI FM Votk as -I rugii ua -t Oartlan Otenant Oratama SIS
      299 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      198 8 Where to wine, dine and entertain ■■f ■A 2 z 1 < -jfc -fat:- -Jo, j t%-. IT Mm -*<v V* <*. *M"«» —r"J V il? 5.. m i i i M£f£&*-- r ■t S %w/ «PV cfc- MFYOUVE LOOKING FOR A SUPERB WEEKEND TREAT... COME TO OUR POOLSIDE Try
      198 words
    • Advertisement
      Page 8 Advertisements Column 2
      159 8 =?~-+;`+^';&>\_-~._~&-;]~<@,['* m i t• if J*. ft 7/;' > ,//c .>, <') c I'f if A 1 1 i •»»*i 9'j i i-k s|n i ni.ii ..A 1 > <** r* V s t >' W-J: (.A Mi SPIX lAI I I I I S I \IHI K I'M I
      159 words
    • Advertisement
      Page 8 Advertisements Column 3
      13 8 2f» r u i f 4r <«* *>)$ \ll<iii hours service ■i S Coffee House
      13 words
    • Advertisement
      Page 8 Advertisements Column 4
      69 8 LUNCH AT lUa||lV> H NS Hll r< >N l\ r» U\4TM IN Al« Nl\« .4»'« >»<I Be in vogue "II V Lilii'iiy Wrv lnsive rxx different. Wrv pi iv.ilc It's disco Hnd morf. 4 SSr*. r -f, w I h«N>' I i v 00 v *m% s w v A
      69 words
    • Advertisement
      Page 8 Advertisements Column 5
      197 8 at'*- X, Merlin's New Grill Room It's elegant, comfortable and quietly opulent, with a menu that will delight the discriminating. Our Businessmen's Buffet (Mondays to Fridays) offers a fabulous spread. There's Prosciutto Crudo, Gammon Ham, Cold and Grilled Lobsters. Baked Crab, Fillet Mignon Bernaise, T6urnedos Rossini, Sherry Trifle and lot's
      197 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      407 9 Trading on the foreign exconthmed to centre on the weakening American dollar although dealers were more rsstraint in their transactions Against the yen the US doDar opened the day at 245.14/15 but was gradually traded down in a thin market filled with uncertainty about Iranian and American intentions
      407 words
    • Article
      Asian $ rates
      181 9 Asian rates ASIAN currency deposit interbank rates as at close on Nov 22: Closing Asian dollar certificates of deposit for prime names on Nov 21: ■j sr-sr 7days 13 5/16 133/16 1 month 13% 13% 2 months 14% 14% 3 months 1419/*****3/16 6 months 1413/*****1/16 months 14 13% 13 months
      181 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is M per cent.
      22 words
    • Article
      Discount
      46 9 RANGE of price* otter Ml by dtscount hou— on Nov 22: Overnight 5 V4% CUtdeporitt 5V4% Chthf ■vtaC 3 month Mtaf Treasury bills 511/16 59/16 3 month Bank bills 85/10 83/16 3 month CD SVk 8 6 month CD 89/16 87/16 Source: National Discount Co
      46 words
    • Article
      Australia/NZ
      56 9 AUSTRALIA/NZ exchange quotes on Nov 22: US dollar -1.0962/1.0914 Sterling 0.5049/0.4990 Ninety-day air mail baying rates: Sterling ***** US dollar -1.1489 Ninety-day forward baying rates: Sterling 0JS141 US dollar i.iio$ NEW ZEALAND Reserve bank midrate US dollar 0.973? Trading tm* Imlh ■tin—" Sterling 0.4487/0.4457, US dollar 0.9783/0JIBS Ninety-day airmail
      56 words
    • Article
      Gold
      298 9 THE SINGAPORE gold futures market jeotnrtsy cloud wilwd In generally thin trading on lack of fresh interest, dealers said. Turnover fell to 256 lots Oram 401 overnight with interest mainly on December, February and April contracts, they said. December closed lower at U*****.10/50 an ounce against USS3BSJO/384J0 on Wednesday.
      298 words
    • Article
      Tokyo
      183 9 THE US dollar for overnight delivery closed at 248.35 yen yesterday, slightly down from a 248.50 opening but sharply up (ram 347.00 at Wednesday's dose following modest central bank intervention, dealers said. Trading warf moderate with volume amounting to 1549 million. The Bank of Japan sold an estimated $30
      183 words
    • Article
      Hongkong
      179 9 THE US dollar was quoted easier against most major currencies in quiet and cautious late trading yesterday following news the National Iranian 00 Company asked Japanese trading houses to pay in marks for oil purchases, dealers The US currency was quoted at- late USB/40 marks after touching a low
      179 words
    • Article
      London
      167 9 THE US dollar opened fractionally higher against moat currencies in cautions trading yesterday morning, still dominated by events In the Middle East, dealers said. But the French franc opened firm at 4.1175/1225 to the dollar compared with 4.1205/25 at Wednesday's close, on the Iranian situation. The US dollar opened
      167 words
    • Article
      Frankfurt
      36 9 FRANKFURT exchanges opening quote* on Nov 22: US -1.7550/® Stertiag «-&U5/822 Out L4B33/50 DF1-MJ5/S7 S Ft 1MJ5/7Q0 Lit 2. IS/4) FFr —CJO/I N Kr 3B.13/8 B Fr (COB) CJiB/72 B Fr (Fin) 6.06S/078 Ten 0.TW8/78
      36 words
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        147 9 mov a ru ABM AhoM SIT JO wn -U ♦Oil Afcao AMXV SOJO Mm -1 ■as Amtw Amto Bank HAM •7 JO UMk -I sy SUO an at ■U -Oj goto "lit -0.1 17* ff -OlS MM ny>»ff Cmtm OMX mi mii 8X70 MUO MJO unch uncb -U isojo
        147 words
      • Article
        Paris
        221 9 NOV 11 m CORB BILLS Alr-Uqn HI «M B 8 N 0 wnU TTT earn (Ml rfemm -M EXZ s?? -11.1 lit Onmi r i* •U Cradtt r Da Fru oociar *M Mi -7 Haclwtu I 4.1 U1 UacbinM Bail m -0J6 E5MP b> m -1 r acta* inn
        221 words
      • Article
        Brussels
        56 9 wo*« f*» FORWARD MAMIT am* Artnd Aatur HO -M Braacan ssr M -I 1MB ouch m 4-u D* BMCI OO-Inno-Bm M -t -m mm -m OTC 10 Hotoofe Ms JgMD-W mm mm -m im Sohtf A Tanks ST S2 O Mb ■0 aocb IIM .M CASH MARKET M Motor
        56 words
      • Article
        Zurich
        111 9 .nova Pnikc* Actual Mm m «eh HmiIiii Br. 1H 5 ssrsjsu^s CK» (Mo Br. vm CM <Mp P C anoMo i« tm CMtTaShtlr: am bttmitt Br. M Oiwp ntdHr Br TM MMk _»>€»» i/i> mm *m SSSSSTir*! Sn Mi M—tmm mm net w—t* wt HZ an *m XSSU.* «a
        111 words
      • Article
        Milan
        44 9 A* M 4MM M mm r. to rn TM m m m tm m 1M M <***> -1 .1 M MM* Ma M -Mi -lit M aim pit nniic FMH vm Ml 4 MM m firrfi E MMk 1 -4 H i~ipL— —J i'i
        44 words
      • Article
        CLOSURE
        6 9 TNC FHAMKFUirr«*ock ■jrkjniM ulinn m
        6 words
    • Article, Illustration
      Loans and bills financing on the uptrend
      690 9  -  By LEE YOKE MENG CREDIT demand la Stature may not be as overheated as it is in HongkongBut statistics for the first nine months of this jwar do indicate an uptrend for general loans and hills financing. The development of hills b—also rims
      690 words
    • Article
      Lock icon Borrowing on capital markets fell in October
      126 9 Reuter. BORROWING on international capital markets fell in October to a total USSBJ4 bilttoo (about Ss2o button) equivalent from $11.98 bOtton in September. The Organisation lor Economic Cooperation and Development said in October internationally floated bonds totalled $1.46 button against $L3O bfltton in
      Reuter.  -  126 words
    • Article
      Untitled
      176 9 SEVERAL computer computes have approached the' Monetary Authority of Singapore (MAS) on its computerisation. But the authority seems uncertain aa b yet on whether it ought to have mini-computers for its own requirements or to have a bigger link-up with the A proposed cheque clearing system. H the final outcome'
      176 words
    • Article
      Lock icon Liquidity in coin market drying up
      387 9 Reuter. THERE are Indication* that very liquid conditions in the gold coin market are beginning to dry up. International Gold Corp coin division manager Kerr Cruickshanks said demand for new krugerrands has increased after last month's sharp fall in the coin's salA to the
      Reuter.  -  387 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      331 9 ACTION! Act fori speaks louder tha~ words The November issue of Singapore Business looks at some areas /:here there has been a lot o' talk. Will the action be forthcoming 9 Testing Japan's Sincerity: The Japanese have expressed time again the" desire to help the Asean countries develop Wi 1
      331 words
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  • Article
    BUSINESS DONE ON THE SES &THE KLSE
    1063 10 QB> ofler prices officially listed and bmlmes in and reported to the Stock Exchange at Singapore yesterday with the number of shares traded shown In brackets in lots at 1,000 units unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acm a (2208 2288) Allied
    1,063 words
  • Article
    Unit trusts
    151 10 S'pore Growth Fund L» 1.14zd nMiraiunrm CT (NOOMI C BOND UNIT The Commerce The Saving Fund ihrNr '»> (On ant artoaa) 1M La la 1.44 Income Bond LIS La S'pore Prog Fund 0.B O.f? S pore Sec Fund 1« Lit MARA 1 HJMH miA S'pore taveat Fund 1.34
    151 words
  • Article
    SHARE INFORMATION SERVICE
    2620 10 Crt Gr*s Net 1979 Last Div DW Y*M P/E Vol Day High Low Company Sale +or- CVr (>000) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 281 207 Acma 230 15.0 22 63 11.7 196 123* Alcom 190 10.0 13 XI 26.1 148 110 Allied Choc 121 7.7
    2,620 words
  • Article
    Stock options
    102 10 Striking prices of the options officially listed am the Stock Exchange of Singapore yesterday, the period, wck and offered prices and twsisui done. If any, with the number of options traded shown in tnckC AC (Dec- $2.75) (O.lffl). CsU Storage (Dec -92.15) (o.«my Pnr (Dec <1.40) (0.128 0.206).
    102 words
  • Article
    In Kuala Lumpur
    1198 10 BID and offer prices officially listed and hnrtnesi in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of sharea traded shown In brackets in lots of 1,000 units unless otherwise specified. Mwmuu Acma(lßS) Una (1.905) Mm BaM (LUB) AMD (LSB O.MS) (I) IS
    1,198 words
  • Article
    COMPANY MEETINGS
    238 10 KEMAYAN Oil Pains Bhd: AGM to be held at 5E, Foh Seng Building, 66 Jalan Ibrahim, Johor Bahru, on Nov 26 at 12 noon. Selangor Caeennts Bhd: AGM to be held at No 50, Jalan Ampang, Kuala Lumpur, on Nov 21 at 11am. Knala SMlm Bmhher Co Berkad:
    238 words
  • Article
    COMPANY BRIEFS
    133 10 (HI Dmltfanli —m its subsidiary, Brisk and Kindle Sings pore Pte, changed its name to Clttmac Pte on Nov 1. The principal business of this subsidiary remains unchanged, added City Dev. PUBLIC Textile wffl be holding an EOGM on Dec 11 for shareholders to approve the credit of
    133 words
  • Article, Illustration
    Fears of rate rise haunt stock market
    486 10 IN IDE BgM 4 wootag Urat, shares tested tower sa U imb at the Sleek B^apare yeotwtoj. The prevalßag eaattoas ittltadc toM to eaaee aay «eekMre wtte either way. day, yT.iil.Ml daato erably m aperalaters Apart trsß the IBpartag totereet shews by hergala
    486 words
  • Article
    Sellers rule in cautious KL trading
    608 10 SENTIMENT remained poor on the Kuala Lumpur stock market yesterday and prices drifted to a mildly easier close. Trading was again dull and featureless as many investors continued to shun the market. Investors were generally worried about the bleak international scenerio, -in particular, the
    608 words
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  • COMPANY NEWS
    • Article, Illustration
      Oriental to inject $6m into Kah Motors
      744 11 ORIENTAL Holdings will spend $6.5 mim«> of the $32 million to be raised from Its special issue to bumiputras for the expansion of its wholly-owned subsidiary Kah Motors. The expansion plans relate to the construction of additional showrooms for Kah Motors in Ipoh,
      744 words
    • Article
      DIVIDENDS ANNOUNCED
      430 11 Current Payment Ex Data Books Close Data Total for Total for Payable the year Previous year Coasplaat HK Land A Hi tan Tin B Uitasf Mentakab Tractors Rottam S Darby Taa Chonc A Eat Kinta Kellas Talam Mines Guinness 8ya Rnlu Cold Store Gleaealy KG Floor Kak Hyd
      430 words
    • Article
      SCRIP ISSUE
      115 11 Compaay I Particulars Ex Data Books Close Kemay an Pub Text SKA Corp Temerlon M U lad Sup Corp P t Bonus issue of 1 for 4 Bonus Issue of 1 for 4 Bonus Issue of lfor 1 Bonus Issue of 1 for 1 Bonus Issue of 4
      115 words
    • Article
      RESULTS DUE
      339 11 Date U *t Fall Yea r Cwnpuy n,y, i rCnOfl Alialead Net EPS Gyms Pre-tax last year <«■*) Dtv. <%> Profit <rm> Sea View F 30/9 282L Msia Rice I 9/10 4.0 228 Spore Land F 10/11 3.7 5.0 3,488 Msian Ctainers I 15/11 18.1 22.0 4,744 Mai
      339 words
    • Article, Illustration
      M. Banking may alter plans for new building
      267 11  -  By JIMI NGOH MALAYAN Baaklag BM (M. Beak) may ehaage the plaaa far Ita prepeaei headquarter* aaUdtag la Kaala Lampv* The haUdleg amy aet rlae to the tS-etareys eavhagri earlier. It may alee aet laeerperato aeme ether foataree laSto the dariga eema
      267 words
    • Article
      Loan of $18m for Hap Seng's Tawau project
      288 11 ONE OF the largest private plantation companies in Sabah, Hap Seng Plantation Sdn, has secured a consortium loan of MslB million (or the proposed development of ***** hectares of oil palm land in Tawau. The loan was managed hy Pertanian Baring Sanwa,
      288 words
    • Article
      Ganda shares for bumiputras
      199 11 BANK Pembangunan Malaysia Berhad has announced the purchase of 1,060,000 units of ordinary shares in Ganda Edible Oils Berhad for M 51.06 mtiitrm In a statement, the h»nk said the subscription was to take up the balance of the 30 per cent equity shares in the
      199 words
    • Article
      Lock icon The spillover effect on stock markets
      486 11 wsaoa by HOCK LOCK SIEW MARKET observers are cautiously optimistic that the current, seemingly endless, lull on the stock exchange is a prelude to much better times in the New Year. Sceptics will, of course, this optimism as originating from a bunch of "hard
      by HOCK LOCK SIEW  -  486 words
    • Article
      COMPANY BRIEF
      200 11 HONG Leaag Piiuce, which has been queried by the SES over its sale of property at Robinson Road, said that the price of 16.64 million was negotiated on a willing buyer/willing seller basis. The breakdown of the consideration is as follows: sale of 6,60 sq ft land area
      200 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      270 11 If you makebusiness decisions in Asia, you need TheAsian\)&H Street Journal. There is only one single,comprehensive, timely source of business information for busy executives in Asia The Asian Wall Street Journal. As Asia's only regional daily business publication, we provide news that is timely, authoritative and backed up by comprehensive,
      270 words
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  • Article
    Lock icon Not easy to block Straits of Hormuz
    223 12 Reuter FEARS in financial markets that the Straits of Hormuz in the Mid-east Gulf could be blocked by a terrorist attack on oil tankers are exaggerated, Mr Shahram Chubin, assistant to the director of the International Institute for Strategic studies, an independent London-based
    Reuter  -  223 words
  • Article
    Lock icon Poster lashes out at Chinese leadership
    63 12 Reuter ONE OF the most active of Beijing's unofficial magazines has stuck a poster on Democracy Wall accusing China's leadership of trying to stifle dissent in order to achieve fast economic growth. Beijing Spring magazine, in a long analysis of China also warned against
    Reuter  -  63 words
  • Article, Illustration
    Lock icon ABOVE BURNING RAGE
    36 12 Ai army helicopter flyiag ever the banting Americas emba«y MMh| hi the Pikbtu capital ef Irtsmtbed ea Wedaesday after it was attacked aad set ea Ore by aatt-Amerieaa demeastraters. AP phete. AP photo
    AP photo  -  36 words
  • Article
    Lock icon All hostages in Mecca mosque set free
    361 12 AFP, Reuter ALL HOSTAGES in the Grand Mosque in Mecca have been freed and Saudi Arabian security forces now hold most of the armed men who seized the mosque during dawn prayers on Tuesday, officials announced in Jeddah yesterday. They said that a
    AFP,; Reuter  -  361 words
  • Article
    Lock icon Chrysler credit terms
    266 12 Reuter A GROUP of seven Japanese banks headed by Mitsubishi Bank is considering to resume issuing letters of credit for Chrysler's imports during December and January of vehicles produced by Mitsubishi Motor as an emergency measure, Mitsubishi Bank said. Any resumption will be conditional on the shortening
    Reuter  -  266 words
  • Article
    Singapore urges Iran to release remaining hostages
    160 12 THE Singapore government has Joined other nations in urging Iran to release the remaining hostages in Teheran. An official statement released yesterday said that the Singapore government holds no brief for the Shah of Iran. "However, it is concerned over the taking of
    160 words
  • Article
    Lock icon HK textiles
    27 12 AFP HONGKONG'S textiles and clothing exports rose strongly for the ninth consecutive month in September. The biggest buyers were West Germany Britain and Japan. AFP
    AFP  -  27 words
  • Article
    LONDON STOCKS
    745 12 LONDON, Thurs. Oil shares were the main feature as most equities drifted lower, dealers said. At 3 pm, the FT index was down 2.2 at 410.8. Oil Exploration and Lasmo Jumped 35p and 36p respectively on renewed speoilation that a third company will take over both companies. Other
    745 words
  • Article
    Asean plans for electronics field
    400 12 ASEAN countries have proposed that feasibility studies be carried out with the assistance of the European Economic Community on the introduction of new products for production in Asean. This is one of the moves that the electronics and electrical industry of Asean countries will take
    400 words
  • Article
    A short-lived hope for Richard Tarling
    447 12 FORMER Haw Par International chairman Richard Tarling had a double change of mind yesterday, deciding finally to serve his six-month sentence imposed by the High Court on Tuesday. At the end of a day which he described like going round a monopoly board without
    447 words
  • Article
    News Ltd drops bid for Herald and Weekly Times
    259 12 NEWS Ltd said it has ordered the sale of all its shares in the Herald and Weekly Times and has no intention at acquiring any interest in the group. The withdrawal of the bid follows the Australian Trade Practice's Commission's statement
    259 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      96 12 Richard Ellis C H Williams (Pte) Ltd Industrial Industrial site at Sungei Pandan, West Coast Road. Suitable for heavy industry. FOR SALE 84,623m 2 (910, 882 sq.ft.) 216 m (708 ft.) The property comprises several industrial and storage buildings with related modern offices, canteen and staff amenities. Infrastructure includes jetty,
      96 words
    • Advertisement
      Page 12 Advertisements Column 2
      3 12 SEE PAGE I
      3 words
    • Advertisement
      Page 12 Advertisements Column 3
      260 12 LeMer...page I jCTL t ERGERS CQUISITIONS A top level management seminar made available in this region for the first time, featuring twof internationally renowned experts in the field: PROFESSOR ALFRED RAPPAPORT r Leonard Spacek Professor of Accounting and Information Systems and Director of the Accounting Research Centre, Graduate School of
      260 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      60 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Scattered showers after midday. Report tor 24 hears prler to 7JI pun. m NevJß at the airpert. MaTrimnm temperature 29.6 Associated humidity 75 Minimum temperature 22.9 Associated humidity 100 Hours of sunshine 2.90 Rainfall in millimetres 39.9 Total rainfall for
      60 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Bombay dredging
        88 13 Reuter THE PORT Administration has decided on a desilting programme for the port of Bombay. In its initial stage, eight berths which are open to the sea will be dredged. Port Trust chairman B.C. Cariapa said the authorities decided against closing the docks for a few weeks to
        Reuter  -  88 words
      • Article
        Lock icon Routine deployment
        71 13 UPI THE AIRCRAFT carrier Coral Sea and an accompanying taskforce of eight ships pulled into Pearl Harbour on Wednesday morning for a brief stop enroute to routine deployment fit the Western Pacific. The carrier and taskforce were to relieve the Kitty Hawk, which was nearing the end of
        UPI  -  71 words
      • Article
        Lock icon Tanker ripped
        44 13 AFP FOUR explosions ripped the beached tanker Burma/* Agate off Galveston on Wednesday, causing further leakage and coastal pollution. The Liberian-registered tanker, owned by the British Burmah Oil Company, has been aground since colliding with the American freighter Nimosa on Nov.l. AFP.
        AFP  -  44 words
      • Article
        Lock icon More food
        33 13 AP. THE FRENCH Be de LumJere has arrived in Phnom Penh carrying 1,040 tons of foodstuffs, cooking oil and children's food donated by international agencies, the Vietnam News Agency said. AP.
        AP.  -  33 words
    • Article
      Rumours abound over Medafrica's agency change
      566 13  -  By RAHIM KASSIM TOP talking point in the local shipping market is Medafrica Line's sudden change of agencies in five Far Eastern ports after only one and a half years of trading. The Genoa-based shipping lire, which inaugurated its semicontainer service between the Far
      566 words
    • Article
      INDEX TO ADVERTISERS
      595 13 MpptafUM Pip CM Adriatic TV Afem VI 3 Alfred CT IV 5 Alfred CTS vm 2 Alpac VI 5 Angkutan VI 4 Anhsing vn ANL I 1 APL m 4/5 Arya Nat vn 3 ASCL m 1 Asia America 4 5 Ada Merchant IV 5 Atlas VI
      595 words
    • Article
      Lock icon Tight towage market causes flagship sale
      929 14 Fairplay THE PRESENT harsh economic climate coupled with the fiercely-competitive international markets (or ocean tug services, have again taken their toll of the UK's premier towage and salvage operator, Hull-based United Towing (a member of the North British Maritime Group). Thfe depressed situation culminated
      Fairplay  -  929 words
    • Article
      Container Schedules
      999 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Bacb vessel's estimated ttme of arrival Is advised by the Shipping Line/Agent sad Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      999 words
    • Article
      LONDON FREIGHTS
      1350 14 EASIER conditions continued In the North American grain section with cargoes fixed from the US Gulf to the Netherlands at USslBib Do for December and from US FuM to China at HI-50 free discharge for November also from Northern range to Brest/St Nazaire at 320 So for December.
      1,350 words
    • Article, Illustration
      Selco races ahead in a growing salvage market
      1182 15  -  By HSUNG BEE HWA ON THE morning of Jan 6, 1975, official* at the Port of Singapore Authority had a rude awakening. A supertanker with a full load of 224,000 tonnes of crude oil had run aground on the rocks off Pulau
      1,182 words
    • Article, Illustration
      SHIPS IN PORT
      490 15 EXPECTED ARRIVALS TODAY IEPPEL WHABVEB Albion (after Clifford Maersk) 33/34 Bunga Gelang (2200) 19 Clifford Maersk (after Bunga Raya) 35/36 Golden Source (0600) 22 Kota Machan (0600, after Kota Gajah) 10/11 Lumba Lumba 2 (after Bunga Raya)33 Straits Hope (after Straits Star) 21 Yunam No. 9 (after
      490 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3627 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World 'Hie 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 of
      3,627 words
    • Article
      Freight rates likely to increase 15 pc
      1015 20 ORIENT EXCHANGE THE SHIPPING market in South-east Asia is very active. Most fixtures, charters, and freights are not being reported (or competitive reasons. Based upon the various economic indicators available, it is forecast that freight rates will increase up to 15 per cent
      1,015 words
    • Article
      NZ cargo care centre
      325 20 AIR «ai mm Alppera to Mi frwn New Tiihii, ran mam aeheiale eargi far <— to iiw fwwirthg threagh toe lint earge-eare eeatre •peaei to Aaeklaai by Circle lateraatteaal (NZ) Lti. Circle lateraatteaal la a sabaidiary af the Saa Fraaelece baaed Harper Graep, aae af toe
      325 words
    • Article
      Lock icon Sailing back to save fuel
      221 20 UPI WITH oil prices so high theM days, the US government plans a new study on whether sailing ships can effectively replace some oil-guzzling vessels In the American merchant marine. The US Is not alone with the Idea of returning to the age of sail.
      UPI  -  221 words
    • Article
      Medafrica agency
      67 20 In addition to' Mulsh h n a also provides services trom Australia, Mediterranean North Europe, United Kingdom and the United state* to Nigeria and other West African porta. The company time-char-ters and osras a fleet of 24 offering more thaa 130 sailings annually far an of their combined
      67 words
    • Article
      WHO ACTS FOR WHOM ...
      1215 20 WHO ACTS FOR WHOM The leading shipping lines spending (rem leeal perts mad the agents whe handle earge beeklngs fer them. A-B AtMk OmMnp Container Feederi (S)/Cargo Freight (PK). ARA Singapore Shipping Agenda (S)/Euro-AsU line (PK/PN). AIM C. Teeffler Intermodal (S)/Marintez Enterprise (PK). AM C. Twfct flihlffaMl New Orient Trading
      1,215 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      222 13 st class transport Agents: Nedltoyd EAC For further details, please refer to page V ScanDutchl?j I K I )I 1 I Ml Orient Qverseas Co*iicu*teA. Line mCATOi 14* MM UHtwt H'tan FttMM Wtart 28/11 18/12 17/12 18/12 21/12 CM* Bfemerhiwt after Hamtwrj Closing Times (Spore) |J|| own comma x IS.USMDSZS
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      Page 13 Advertisements Column 2
      226 13 fl3le ssi SEALORI) ANTAF i U lUASC UNITED ARAB SHIPPING CO SAG) WEEKLY MULTI-PURPOSE SERVICES S>*t Loading tof 7/12 J Kuwait (19/12), Shwte (22/13). j Dam mam (25/12). Doha (28/12). Abu Dhabi (31/12). Dubai (2/1) 10/12 J Kuwait (22/12). BJldar Khomeini (25/12) 15/12 Muu Qaboos (27/12). Dubai (30/12). Doha (2/1).
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      Page 13 Advertisements Column 3
      125 13 •SMhftvmoiii o II 1 idLi i CONI AINf RISf 0 S(R> f AR [AST HIROPt V. *41l MM aoa*tM| carfi to/few ?im*miii +NMCATO* S port CkH| Tmi Fa C«» 0300 27 Nm ta C*p> 1500 Nm STRAITS AUSTRAIIA R0 RO CONTAIN! R SFRVICf TO MB FROM WSTWUfc It Ok 73
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      Page 13 Advertisements Column 4
      258 13 r Callus We call the world Agents: Nwffioyd EAC Please refer to page v WHO Acts Ftr WkMn vra MAERSK LINE m-irrf-ir-n.' I I D 1 11 i 11 itt 7 !ml. T" 3Q CE3 IS/12 12 23/12 12 30/12 12 «/l 12 13/1 31/12 3/1 7/1 11/1 15/1 IS/1
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  • Page 14 Advertisements
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      505 14 LEO SHIPPING PTE LTD SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN. BERHAD. P KELANG PFNANG /M HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALAYSIAN MIRNAVONAL SHPHNG CORPORATION BBtHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BMP: EAST BOIBP: Feeder fWirc Vessel B DAHLIA 24/11 B PER B PtNAGA 1/12 NED 0
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      Page 14 Advertisements Column 2
      112 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE FROM US ATLANTIC/GULF AND E. CANADA WT no. 4/1 1/1 •11/1 20/1 4/2 30/1 WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA ttTM 74/12 44/12 15-11/12 13/1 11-11/1 KhN fct» *24/11 23/12 Ul/12 •11/12 •24/12 11/1 t*ucnasmmamvmm.oatmn SINGAPORE CALIFORNIA EXPRESS CONTAINER SERVICE ONLY
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      Page 15 Advertisements Column 1
      622 15 Overseas 1 11 Containers Limited Weekly service to/from UK/Europe CONTMNERSW gWHCt TO IH/CONTMHT: (Ma Bit LMpoMßay Twa boras tftwi Bra* Wtm It Hare S'ton P Mm| S pore Nat tab; VMM Mri bM UM Mri faM bM MM HK. KS Trtjcß* UU W UW tM SM 31 R* 10k AS
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      Page 15 Advertisements Column 2
      433 15 Franco Belgian Services (Ftir F.cut French Service with Belgian F<ir Fusltrr. Line*) c. t CN'.OIT. it mora o am NJLCOTMO C. CONTMO FULL COWTMOSW SERVICE FtOM MtQPt »M«« PKELANG ItHwre rttm H burj Brem Awrp Rdwi H"b»r| B rwi Awerp IT. 11 17D *0* C. CONTMR 5Nm 3Hm 4 Mm"
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      Page 16 Advertisements Column 1
      844 16 Hapag-Uoyd asassfifisssssssfifififidsl Mnlm 21/11 21/11 "8/12 20/12 21/12 23/12 7/12 2«/12 25/12 30/12 1/1 OMußn 5/12 23/12 K/12 (1/1) ikmpml Bay 10/12 21/12 31/12 1/1 3/1 T*pfey 12/12 J/1 0/1 2/1 »/l T**E*m> 19/12 0/1 U/l 12/1 14/1 Mm In 22/12 2/1 0/1 10/1 13/1 ImMM 20/12 30/12 10/1 20/1
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      Page 16 Advertisements Column 2
      448 16 STOK PJOJMB IOMNi +MBOA (1979) 27 too 0«Ao»/IOW*MKM/H*/ +KL MB (1979) IS Ok IS OK L^»i»/s«to/Htacto/Tt*/ KCMt (197 V) 2t Ok 310k Le*oro/Solo/9M«M(Wtf +BOURA (1971) IS to 13/14 Mo lafco/VAMMKo/Mjo +MSOA (1979) IS FA 13/14 F«» Kafco/Yii Oiai/My ALL VESSELS ACCEPTMG Fa CONTAMERS FOR JAPANESE PORTS Heavy Lift 100 tow
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      Page 16 Advertisements Column 3
      378 16 EVERGREEN LINE 1 f flf. ;$T f||R(W( FXF'RFSS Mill CON I AIM R SERVICE ACCEPTMG CARGO Rft NMOURG, FILKSTOWE ROTTERDAM. unmir. lc mm, ALSO ACCEPTMG CARGO FOlfc SOtmUMnW, LONDON, WNOCSTEI. MBSUX. IMRPOOL. GLASGOW. LEEDS gjTgWAWY nHn HOLLAND AMSTERDAM (mi *rttrj n te* U tec {tin 23 0k 240k SI EwMi
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      Page 16 Advertisements Column 4
      759 16 Everett Lines km Flvo Star Shippinf C*rp«. "BURMESE NATIONAL LINE 1 __»/>• iM s/a«N 29Nn/i Daen Nn/2 Dat 3/4 Dac Campmm Aryaatina Do Im~V NwipeiM lntmntiaMUl S. A. C.I. F, Mr; "ARGENTINE NATIONAL LINE" UMOMG FOR DURBAN. CAPETOWN, BUENOS ABES rpara 39 Nn/1 Dm y Transport too n ftfaritima MtxksA
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      Page 16 Advertisements Column 5
      474 16 ao.s.E, OCEAN SHIPPING ENTERPRISES PTE Lit) KM 2102 2103 2 IS T F! OOW MARINA •<().. I'~' SHE NTON AAV MISTRi ROAD SINGArVhF TEL *****44 7&*****70 IO SANKYO LINE AUSTRALIA SERVICE KM. KTOTW M fa Part SaM STD, MEL 14/17 OK 11/19 DK STD. KL AOEL. 23/2S tec 21/22 Dk
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      537 17 \\v\ PIL GROUP EAST AFRICA/REOSEA SERVICE COLOMBO/KARACHI/P. GULF SERVICE SING APORE/CHITTAGONG/RANGOON/SER VICES KOtt HUM KOTX MNTENG. KOIAMACHM.. Sncjoorc iSoS CMtafoot Madras. SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES R1 1/3 Doc lt/ISDoc 21/30 Nov SINGAPORE/INDONESIA/SINGAPORE SERVICES Pakistan National Shipping Corpn. Karachi SJIFIM-C-NMO. Pan Islamic Steamship Co. Ltd. Karachi ETA S'port Lniif far 29/31 Nov
      537 words
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      Page 17 Advertisements Column 2
      554 17 SEN LINE CONTAINERS > if :»:t •ai>7i; t I: ■m r»M p. Mai w.ft—lm/ta+m fimMua. a/u a/11 ivu wu am am wit Im vu a/u wu wu 1/1 tVtf Mttto vu tvu a/u (i/i) a/u umiW am a/u wu i/i vi vi Mmav u/u vi vi in vi a/u TatottoM
      554 words
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      Page 17 Advertisements Column 3
      281 17 Scan Dutch V •1: 7*7 i'7ii;#i:i^^: i) rtat« *»ai •> •■<■ »>« 3E SM nm* a/11 7/U VU i =k=K: 1 %L« V kJLi ruM taw htO •K-W/11 Mi 1/7 M Vi multi-pur CONTAINER VESSELS uv:*i P. .1 .WiVi .j EEZJi illli'JiViMir.v Nedlloyd Lines UST COAST SOUTH w r 11
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      489 17 BOUSTEAD S G AGENCIES THE BANK LINE LTD •OUT MM (km. Oortoo. C Pt Ob. I. looleo). LOADS FOR E. ft S. AFRICA S port 11/16 Dec P R LVKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, MoMe, Houston, Galveston) P. Itel Kaata US Gtf STELLA LYUES <** I
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      Page 18 Advertisements Column 1
      803 18 Kline KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA fmn «s*is* n 9 mou n u x TcaMi 1J 24/11 27/11 Padfc Ante 21/12 JI/12 Httata Nn zz/u t 11/12 14/12 22/12 It/12 21/12 7/1 29/12 21/12 VI IVI 29/12 29/12 Cjrfwi *t accept** tm i fcfc H- MM. Hi I
      803 words
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      Page 18 Advertisements Column 2
      403 18 E.C./OEAT UKES SERVICE I (MOMS FOB: *R W, NOVOU. MORTKAL TORONTO AMTAMU CAUFORNA/PACVK NORTH NEST SERVICE Lta*| Mr LOS ARGELES. UK FMHOSCO. SEATTLE. TACOMA. VARCONVER IC EXPRESS CONTAMER/CONVENTNMAL/ REEFER SERVICE H/Tftei M/MHLI zo/zuli \utb~ to TMPtRA 2VO Fat 23/24 Fat 25/20 FA 74 Mr AUSTRALIA SERVICE FnWlkt Syd MM AM
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      Page 18 Advertisements Column 3
      533 18 (il'oup SINGAPORE SHIPPING AGENCIES PIE ITO I Kill." AS h -L C N S;* V4#>l' N V",. ,t•»! A 'fI f OS.'JSV Ms 4 A H A«SM •4 sis M SH.P l'c<|ion.il Container Liiirji WEEKLY CONTAINER SERVICE to/liom BANGKOK DSR-LIIMES p 4i »w «/70K |/»DK »DK 21m sla 110K V»J»
      533 words
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      Page 18 Advertisements Column 4
      666 18 GRANARD LINE RED SEA/MEDITERRANEAN SERVICE rnn PJMhi Pa m. imonwi 1.3 m. Sdk Ml. COUMMB WWTWf Mlat 14 OK LM*|tar Alexandria Jedd ah/P Said/Alexaodria Ml. MM M V.3SN. 2fm- team* comma cnmo fa oky Jeddah/P Sad/Alexandria Beirut Lattalua HI. NM M MC. MV. MMQCONE Ml. MM SMC... Hoof Kong/Keelung SDK
      666 words
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      Page 18 Advertisements Column 5
      467 18 Mn INTRASEA (PTE) LTD f.ibpr House 23JE Orchard Road Sinq*poe<s Telephone *****H *****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'psra P. K riant K9M GMMUDfS MSI 1 toe sOk ALMAR N863 29 Nn 30k Boutopw/Avon/Tilbwy Kantw/Antwerp Seaport MTRASEA (PIE) ITT) *****11 BOOUNG, *****57 K.Unpv- VEO SHPPMG t TRAUNG 400(44.
      467 words
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      Page 19 Advertisements Column 1
      261 19 r SPORE 'UNCON VO9S 25/26 Nov 2S/2S Nov 31 iUNCON VIOS 3/4 Doc 6/6 Dec I 'UNCON VIIS 11/12 Doc 14/14 Doc II [UMCONVI2S 19/20 Doc 22/22 Doc 2' 'Bookings' .'"ft FIR. UMBC BLDG. MALACCA STREET SMGAfORE 0104. TEL: *****8/ *****4. Toioi: R*****4 Cable: LUCSHP JAKARTA 28/28 Nov 6/fi Dec
      261 words
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      Page 19 Advertisements Column 2
      120 19 SOON SENG GROUP Regular Service To East M'sia PENANG Soo Mup Ssng 'bb Victj'.i S"W 04 *****■ CaDie "SC A V* GARWARE SHIPPING CORPN. LTD. IMW FOB BOMBAY NSHVUMKI (MUAN FLA6-BULT 1961) RISHI VRHWAMTRA (NMN FLAfi-MLT 1970) SMGAPORE P. KELANG 17/19 DEC 11/20 JAW f Fa CONTNNEKS ACCEPTAftE woni SMGAPORE:
      120 words
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      Page 19 Advertisements Column 3
      216 19 KE GWAN SffIPPMC (PTE) LTD. Srta Hit, lift Rmt. Mamatmal Ptaia Ni 10, Arm lud, s>n*M" 2. Tit: *****33 (5 Liw») *tKMOM Kkbiu. S'kM TtaMKLA KKblu, Tawau ttELADJU KKbhi, Kwtot ttMTI BAK S'kjn. Tawau tWTI SUMS KM*. S'k« f Keiang Smppoff hft/2SN» 27/31IM 1/3 Dk 7/11 DK 12/14 DK IC/19
      216 words
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      Page 19 Advertisements Column 4
      75 19 NOTICE MEDAFRICA LINE NAVIGAZIONE SAN s Wishes to announce the appointment of SEALHM SMPMK (S) PTE. LTD. as their general agents in Singapore and West Malaysia with effect from Ist December 1979 commencing with the vessel MV "HAMANASU" loading Singapore 3/4 December for Lagos and Port Harcourt Nigeria. Please contact
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      Page 20 Advertisements Column 1
      247 20 EGYPTIAN INTERNATIONAL LINE iEIL EGYPTIAN FLAG EGYPT ALEXANDRIA SINGAPORE (U Dae 1 Dae 17 LtNIM! s NT v L N SHIPPING PTE LID sr. VlNl.apmbi i EXCLUSIVE LASH SERVICE TO U.S. ATLANTIC GULF m Voy Ptwnj f. Mm| Support CJosmf Qovnj String Ctaini SadMf GKBIBUJfr+ 22/03 CO. 24 Km 11k
      247 words
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      Page 20 Advertisements Column 2
      179 20 MEDAFRICA LINE NAVIGAZIONE SAN PAOL'" 1 s Repiar fntiifliUy drect service from Singapore to Lifos am T ana ron rufcoun, ivferu. SMGAPOK P. H* court HAMANASU 4 tec 30 Dk (M 1976) A vassal 19 0k 141 m tototaMnatoto (S)Pfel M *****11 (I Uw) PL Mm* *****4, *****9 BLUE STAR
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  • Page 20 Miscellaneous
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      Page 20 Miscellaneous Column 1
      146 20 A V A mCLOUDY X lit 10S 100E SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. IKIIWh (5) Centre of Tropical Dtpnmkm, nundmnm wind speeds 22 —33 knots. "N y I Direction of movement (S) Centre of Tropical Storm, ■Mad— wind spends 34 <4 knots. > indicated by
      146 words