The Business Times, 29 November 1979

Microfilm: NL10394
Total Pages: 28
1 28 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 141/1/71 moMDAY,.Noranat a, im so CENTS
    10 words
  • BRIEFLY...
    • Article
      Lock icon Gold up by US$12
      65 1 Reuter LONDON, Wed. The price of gold was fixed at U*****.35 an ounce today in the key London bullion market, almost $12 up on its previous fix and the first time it exceeded $400 since midOctober. Dealers said the price surge, after an overnight rise in
      Reuter  -  65 words
    • Article
      Lock icon Reasonable and gradual
      65 1 AP RIYADH, Wed. The chairman of the Opec met with the Saudi Oil Minister on today and said future oil price increases must be "reasonable and gradual". "We cannot go on with our prices so high because this will have negative effects on developed and industrial nations,"
      AP  -  65 words
    • Article
      Lock icon Vehicle exports soar
      71 1 AFP TOKYO, Wed. Japan's vehicle exports scored a sharp 32.4 per cent gain in October from a year earlier to 410,269 units, thanks to brisk sales of fuel-efficient small cars and the yen's depreciation which made Japanese cars cheaper abroad, the Japan Automobile Manufacturers Association (Jama) announced
      AFP  -  71 words
    • Article
      Lock icon UAE pipeline
      65 1 UPI NEW YORK, Wed. The United Arab Emirates, a major US oil supplier, is planning to construct a 240 km pipeline that would allow oil tankers to bypass the Iranian-controlled Strait of Hormuz, the Mid-east Report said yesterday. "The oil-rich Arab states are seriously considering alternative ways for
      UPI  -  65 words
    • Article
      Lock icon Iran's stance
      75 1 Reuter TEHERAN, Wed. Oil Minister Ali-Akbar Moinfar, dismissing US threats of military action against Iran as a political bluff, said today the world needed Iranian crude oil more than Iran did, the official Pars News Agency reported. Mr Moinfar told Pars today, "the world needs the Iranian crude
      Reuter  -  75 words
    • Article
      Lock icon Trade growth
      75 1 AFP TOKYO, Wed. Export and import contracts won by 13 major Japanese trading companies both registered a sharp growth in October, the Japan Foreign Trade Council said today. The Council, comprising the 13 firms which handle about 60 per cent of Japan's overseas trade, said the firms' combined
      AFP  -  75 words
    • Article
      Lock icon Rice purchase
      30 1 Reuter COLOMBO, Wed. Sri Lanka will purchase 150,000 tonnes of rice from China next year, under terms of a trade agreement signed yesterday, the Foreign Ministry announced. Reuter
      Reuter  -  30 words
    • Article
      Lock icon Dow Jones
      42 1 AP NEW YORK, Wed. The stock market opened lower today. The Dow Jones average of 30 industrial issues slumped 4.43 to 821.42 in the first half hour. Declines outnumbered advances 3 to 2 on the New York Stock Exchange. AP
      AP  -  42 words
  • Article
    Chief Price Changes
    137 1 Rises Indices Rtkau Hyd Petaling Stha Kinta 505 1080 840 45 +30 15 B.T.Index: Industrials: Nov 27 Nov 28 2594.00 2594.75 399.62 400.15 Shangri-La 750 15 Finance: 748.42 749.76 Ambaaaador 278 14 Hotels: 310.06 311.19 M Baaklaf Ro thai ana M U I 790 370 492 745
    137 words
  • Article, Illustration
    KUALA LUMPUR
    159 1 Rises Indices Oriental 250 +10 Nov 27 Nov 28 N.S.T. 535 +10 B.T.Index: 3641.52 3637.07 S. Kinta 840 +10 Industrials: 431.94 432.45 Sg. Best 1030 +10 Finance: 640.28 640.16 Petaling 1090 +10 Hotels: 281.99 282.98 A. Hitam (T) 1290 +10 Properties: 243.53 243.31 C. Storage 239 +07 Tins:
    159 words
  • Article
    How the banks measure up
    687 1  -  OCBC MOST PROFITABLE By COUN CHEE THE Singapore branch of Moscow Narodny R*nk last year took the lead among banks in Singapore in terms of total assets but Oversea-Chinese wiring Corporation remained the most profitable bank with net income of $36 million. Behind it trailed
    687 words
  • Article
    HAW PAR SELLS GARDEN IN HK
    283 1 HAW PAR Brothers International Ltd yesterday announced the sale of its interest in Tiger Balm Garden (Hongkong) to Paringa Investments for $17.4 million. The salt will result in a profit of $17.4 million and will increase its net asset value by 14 cents. A
    283 words
  • Article
    SPC seeking to buy oil directly
    541 1 SINGAPORE Petroleum Company (SPC), an oil company with indirect government interest, is negotiating directly for the first time with oil producers in Kuwait and Iran for next year's crude oil requirements. This follows a worldwide shortfall of crude arising from the Iranian crisis. SPC's
    541 words
  • Article
    FOR TRADE CONTACTS
    255 1 SWEDEN to likely to establish s trade commissioner's office in Singapore to facilitate contacts with Asean. Additionally, the country's fourth largest commercial bank, Gotabanken, will next year set up a branch office here and another in Hongkong. This was revealed yesterday by Ambassador Johan Nordenfalk, special representative
    255 words
  • Article
    French decision soon on joint technology institute
    176 1 TIE Republic's prtimniiM li attnet MH nuiy rwdTß ft kMit IMI •mi to the prwmi wH attract naker af elietrnlei Is wmbM ii SmMmm •a whether it want to parttdpato J jtopiiiji the Bligaptr« Oivera n> Jytot pr*KM prapeeed ky the Emmoilc Devetopmeat
    176 words
  • Article
    Competition trims profit margin at C and C
    484 1  -  By CHAN BONG SOO SEVERE competition has apparently taken its toll on the profit margin at Cycle and Carriage and slowed down its earnings and capacity. Group operating pretax profit (or the year ended Sep 30,1979 rose by a mere one per
    484 words
  • Page 1 Advertisements
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  • TRADE AND INDUSTRY
    • Article, Illustration
      Rate of inflation levelled off in October
      484 2  -  By RUTH CHENG INFLATION was stabilised in October when the consumer price index showed no change from the previous month's level. Cheaper food and clothing were offset by dearer housing and miscellaneous items while the cost of transport and communication remained unchanged. On
      484 words
    • Article, Illustration
      New Montedison product
      102 2 Montedison Singapore will soon be marketing a new product (or fire extinguishers called Fluobrene. The Italian product Is liquid, non-toxic and puts out fires by nulllflng the chemical elements that cause a fire whereas conventional products work by separating the burning substance from oxygen In the air.
      102 words
    • Article
      Laundry exhibition
      69 2 THE first Asian laundry exhibition and conference, Laundrex '90, will be held at Hyatt Hotel from Jan 30 to Feb 2. The Asian laundry, dry cleaning and fabric-care exhibition is organised by ITF. A two-day conference featuring interna tionl industry experts will also be held at the hotel
      69 words
    • Article
      Tax seminar
      56 2 THE Singapore Society of Accountants is planning a seminar on investment and tax laws in Singapore, Hongkong and Malaysia between Oct 16 to 18 in 1980. To be held at Rasa Sayang Hotel in Penang, the seminar is sponsored by the the Hongkong Society of Accountants and the
      56 words
    • Article
      Vocational courses
      164 2 THE Vocational and Industrial Training Board (VITB) in conjunction with the Housing and Development Board will be offering training in bar-bending, building carpentry, masonry, painting and pipe fitting at the McNair Vocational Institute and Ponggol Vocational Institute in January. Trainees will undergo three to six months of training
      164 words
    • Article
      NAURU PHONE SERVICE
      79 2 TELECOMS announced yesterday that number-to-num-ber telephone service is now available to Nauru. Call bookings may be made through its international assistance operator by riuiHng 104. The charge for a number- to-number call to Nauru is 5J21.00 for the first block of three minutes and {7.00 for subsequent
      79 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      31 2 SHANGRI-LA hotel has appointed Mr Hufhrey Ife BUk Lin (above) as sales manager. In his capacity as sales manager, he is responsible for Shangri-La's embassy and corporate accounts.
      31 words
    • Article
      INDUSTRIAL FABRIC PLANT
      67 2 A |3 million Japanese industrial fabric plant, Mitsuboshi Industrial Fabric, will be officially opened on Dec 1 The company, a Joint venture between three Japanese companies Teijin Shoji Kaisha, Mtsuboshi Belting and Kondo Textile started initial production in June. The Jurong plant's firstyear capacity of 278,000 kg
      67 words
    • Article
      Signing ceremony for building loan
      128 2 A LOAN signing ceremony will be held tomorrow at 10.30 am at Mandarin Hotel between Oversea* Union Bank and Tang Choon Keng Realty to finance the construction of the new House of Tang. The developer and owner of the new House of Tang is Tang
      128 words
    • Article
      MEMO PAD
      285 2 COURSES AND TALKS Dec 3-14: Quantitative Techniques in Production Management, NPB Town Training Centre, National Productivity Board Dec 4: Profitable Purchasing Management, SIM Conference Room, Singapore Institute of Management Dec 4: Marketing for the SecreNtary, Hilton Hotel, Consulasia Dec 5: Effective Report Writing, Hilton Hotel, Consulasia Dec 6-7:
      285 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      363 2 o^ s *<>*■ we proudly present some facts about carpet tries no other manufacturer likes to talk much about... Esco carpet tiles are made of 100% synthetic fibres. We never use animal hair which besides being less durable, can be a health hazard to those allergic to it, causing much
      363 words
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  • REGIONAL
    • Article
      Lock icon Indira puts off plan to release manifesto
      309 3 AFP THE Congress Party of former Indian prime minister Mrs Indira Gandhi postponed the release of its election manifesto for the second time yesterday for reasons which were not immediately clear. A party spokesman said Mrs Gandhi, who wanted to release the manifesto
      AFP  -  309 words
    • Article
      Lock icon Industrial index rises
      108 3 Reuter JAPAN'S industrial production index rose 1.7 per cent in October to a preliminary 135.5 (base 1975) seasonally adjusted from a downwards revised 133.3 in September, when it fell 1.5 per cent from August, the International Trade and Industry Ministry said. The year-on-year gain for the unadjusted
      Reuter  -  108 words
    • Article
      Lock icon Three to join Rolls Royce in aircraft venture
      200 3 UPI ROLLS Bayce it Brttala aad three m)k liMiwt heavy machteery makers are expeeled to sign a tor—l ■greweat la Deeeator tor jstai devetopueat ef Jet eaglaei far medun-rugt nasmrrrlsl aircraft, JapaThe seareea etoee to Ike Japaaeee r ■■parte said a bread
      UPI  -  200 words
    • Article
      KL will go ahead with urea project
      111 3 THE Malaysian urea project in Bintulu, Sarawak will be implemented as planned, Malaysian Prime Minister Datuk Hussein Onn said. He was replying to questions in the Dewan Rakyat on the project. A project report being prepared by the consultancy firm Japan International Corporation
      111 words
    • Article, Illustration
      WOOL CLEARS TEST
      164 3 THE natural heat and flame-resist-ant properties of wool fibres have been confirmed by scientific studies and used in the development of chemically-treated wool and woollenmix fabrics for high temperature conditions, or where a high degree of fire safety is required. In the steel industry, treated woollen clothing
      164 words
    • Article
      Lock icon Call for Asean legal community
      222 3 Reuter PHILIPPINES Chief Justice Enrique Fernando yesterday appealed for the formation of a truly regional legal community to assist the development of each country in the Association of South-east Asian Nations (Asean). He was speaking at the opening of the inaugural session of the Asean
      Reuter  -  222 words
    • Article
      Lock icon Increase in salaries
      180 3 AFP ALL Thai civil servants will receive a 20 per cent across-the-board pay increase from Jan 1. The cabinet announced the new salary scales on Tuesday, and also approved a US$lO cost of living allowance for those who earn less than $250 a month and an extra
      AFP  -  180 words
    • Article
      KL to decide on sugar project soon
      179 3 THE Malaysian government is expected to take a decision soon on the establishment of a sugar refinery in Sabah. Sources said that a task force assessing the feasibility of the project is likely to make its reports soon. They could not however say
      179 words
    • Article
      Lock icon Joint poll reveals Japan, US relations
      204 3 UPI AMERICANS see Japan as their March trading rival while many Japanese regard America as their most reliable ally, a survey showed Wednesday. The Joint study by Gallup Poll and the newspaper Yomiuri Shimbun also showed nearly 40 per cent of the American and
      UPI  -  204 words
    • Article
      Lock icon Hurdle to closer ties with China
      162 3 UPI. INDONESIA should not resume diplomatic relations with China until the status of more than one million in the country without Indonesian nationality is settled, a high-ranking official said on Tuesday. National Intelligence Agency chief Yoga Sugama told Parliament that his department believes the
      UPI.  -  162 words
    • THE REGION IN BRIEF
      • Article
        Lock icon FEARS OVER BATAM
        473 3 Agencies A JAKARTA daily newtpaper yesterday expressed the fear that the Tixknw ilun island of Batam, to be developped jointly with Singapore, would be turned into "international enclaves run by transnational corporations". Such enclaves have already grown up in areas like Irian Jaya and Asahan (north Sumatra)
        Agencies  -  473 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      277 3 Reference is made to our Notice to Shippers dated 29th October 1979. In line with established practice, the Conference consulted the Singapore National Shippers' Council and the Malaysian National Shippers' Council at a meeting on 15th November 1979. Members wish to inform shippers that the Conference will introduce a 2-stage
      277 words
    • Advertisement
      Page 3 Advertisements Column 2
      191 3 your Ai gross profit margin by customers and product groups targets for the next period ttxi don't need to get into the nitty-gritty of making a computer system work for you. CPS will provide you with the expertise to generate better management information. Contact Mr. TJKoh today. Computer Proctning Services
      191 words
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  • RAW MATERIALS
    • Article
      New cocoa factory for lower Perak
      450 4 THE lower Perak area looks set to become the cocoa processing hub of Peninsular Malaysia with the setting up of a Msl7 million factory to manufacture cocoa paste, butter and powder. Koko Malaysia Sdn Berhad, is Jointly owned by Bank Pembangunan Malaysia Berhad (51
      450 words
    • Article
      Lock icon Changes in Somfa's soybean meal contract
      236 4 Reuter. THREE basic changes will be made to the Soybean Meal Futures Association's, (Somfa), contract effective Dec 3 in respect of October 1980 and later delivery months, the Grain and Feed Trade Association said in London. Firstly, the basis of the contract will be
      Reuter.  -  236 words
    • Article
      RUBBER
      181 4 THE SINGAPORE market closed enter yesterday with December One RSS buyer* quoted at 290.75 cents per ktto, down 135 cents tram Tuesday's close, dealers said. The morning market eased two cents after fluctuating during the sesrion on some demand tor January alternated with stale bull releases. Prices moved within
      181 words
    • Article
      RAS PRICES
      303 4 R.A.S. prices In cents per kilo yesterday: Nooo Close (perMh Buyers m.25 290 75 293.00 moo moo 279.00 moo 273 00 27X00 moo XT JO Bu Int. 1 R.S.S. prompt U.b. 292 00 2SS.OON Int. 1 R.S.S December 293 00 2)3JO Int. 1 R.S.S January 29*25 2K75 Int.
      303 words
    • Article
      SSR and SMR
      99 4 NOON SSI 1 and SMR prim ymt ardajr RA8 SSR 20 6SR50 (1-ton palbt) (1-toa pallat) Dnia (Cwraal Nrm f moo *1.00 ifcar I Mth) 286.00N mooN Jaaaary IFarwarS Mth) Baytri S#Uan m00 3T7.00N moo 3M.OON MRKLB SMRCV SMRL SMRGP SMR 6 SMR 10 SMRU SMR SO
      99 words
    • Article
      Straits tin
      80 4 TIGHT Vm uailtliaa ta LniN aal New Yerk kM>ted Strslts tla prim te a aew Mgh at per -cl, ap AfllS fra Taeaiay's Streag baytag 4e> naai tialiaaul, partt©. alarly (na the I'S aai Earepe, ud sappartod by liynw aai leeal ialereeto. The avwari treai was alse aMei
      80 words
    • Article
      CLOSING PRICES
      31 4 Rubber: Nov 28 Singapore: December 290.75 cents (down 2.25 cents) Malaysia: December 290.50 cents (down 2.50 cents) Tin: M 52,090 (op $15) Official offering: 218 tonnes (down 4 tonnes)
      31 words
    • Article
      Textiles
      191 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-fodown) CaOn jan: China Blue Phoenix 30s 2.330, 3k 2.540, 40s 3,025 (per bale at 400 lbs). Pises geads: China Butterfly and Globe brand unq, Dragon Head uaq; Five Lambs unq; Flower and Butterfly
      191 words
    • Article
      Produce exchange
      318 4 SENTIMENT ruled generally dull and mixed in very thin trading at the Singapore produce market yesterday. In the pepper sector, dealers reported a dearth of business in the continued absence of firm buying interest from the big customers in Europe and America. Packers were generally non-committal as commodity
      318 words
    • Article
      Palm oil
      72 4 CJ.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Tue Previoua Mala yuan 5% ffa bulk per tonne January unch 640.OOalr Sumatra 5*» ffa bulk Novetnber625.0Qalr December January February March May 620.00alr 637.50alr 645.00alr 645 OOalr 647 50alr unch 640alr/635pd 650alr/642.50pd 660.OOalr 650alr/645pd 646.00pd
      72 words
    • Article
      Rice
      327 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent lint class (Kangaroo) new crop 1.01, 100 per cent second class 0 81, 100 per cent third claa 0.80, 25 per cent new crop no stock, B-I0 per cent 0.70. THAI BROKEN: A-super 0 65.
      327 words
    • Article
      LONDON MARKETS
      410 4 COFFEE: Robusta futures about steady at end morning yesterday, £1 to £10 per tonne higher after trading 2,154 lots. Dealer selling and profit-taking in featureless market lacking physical interest contained producer attempts to push market higher. At end session, opening highs remained intact but price quotations tended lower.
      410 words
    • Article
      Hongkong Comex
      223 4 THE SUGAR futures market yesterday closed slightly firmer in continued quiet trading, dealers said. January closed at 15.20/50 US cents against Tuesday's 15.10/30 close with distant October at 15.50/60 against 15.40/50. The cotton market yesterday remained quiet with six lots traded against five overnight, dealers said. March closed
      223 words
  • ASIAN STOCKS
    • Article
      Prices higher in active trading
      436 4 TOKYO SHARE prices closed higher in fairly active trading yesterday on continued selective buying interest in speculative and incentivebacked issues, dealers said. The Nikkei Dow-Jones index rose 12.45 points to 6,420.25 with volume amounting to 350 million shares. The Tokyo Stock Ex- change index was
      436 words
    • Article
      Lock icon Hongkong
      333 4 Source: SHK Sec PRICES opened sharply higher yesterday following the announcement in London that Jardinei had sold its hefting* in Reunion Proprties leading to widespread speculation as to how the funds would be utilised. These high levels were not sustained however and prices then came under pressure and consolidated
      Source: SHK Sec  -  333 words
    • Article
      Manila
      153 4 THE market yesterday closed lower across the board though turnover rose slightly to 7.86 million pesos from Tuesday's 7.41 million, dealers said. Phil Overseas, Seafront, First Phil Holdings, PLOT and San Miguel B gained while only Atlas Con B and Pioneer eased. Baguio Gold, Lepanto B, Marinduque B, Philezb,
      153 words
    • Article
      Bangkok
      235 4 NOV 36 Asia Credit Asia Fibre AyuLhaya In*. And Trust BahU 185 138 121 •H8 4-6 •1 Mah Boonkrong Dry And 8 Metal Bo* 272 12 412 0.5 New City Raja Finance Bangkok Investment 20# 44 Rama Tower Safety Insur96.50 44 Bangkok Bank Bangkok Drying Ana sik> 330 300
      235 words
    • Article
      Sydney
      414 4 Stock prices led by energy stocks closed firm yesterday, dealers said. Market leader BHP closed off its highs at $9-56, up 22 cents, Woodside Petroleum rose seven cents to 11.77, Ampol Exploration traded steady at 12.00, while Bridge 00 (ell 10 cents to $3.50 and AOG firmed two to
      414 words
    • Article
      Selected indices
      45 4 FINANCIAL TIMES INDUSTRIALS TUffdiy Monday JJJ.l Week Ago DOW JONE8 AVERAGE INDUSTRIALS Tuesday WW Monday— *28.78 Week ago BJCBANG SENG Wednesday Tuesday 74M0 Week ago 7».»« SYDNEY INDUSTRIALS Wednesday 532JB Tuesday 887.70 Week «|o S36J6 ALL OHDINARIES Wednesday. Tuesday __JSI3» Week s«o 671H8
      45 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      52 4 HEARTIEST CONGRA TULA TJONS AND EVERY SUCCESS TO CREDIT LYONNAIS on the inauguration of their new Singapore Branch Office 37th Floor, 0.C.8.C. Centre WIRONTONO DEVELOPMENT (PRIVATE) LIMITED. WIRONTONO (S) PTE. LTD. Room 1802/1803, 18th Floor, Shenton House, Shenton Way, Singapore 0106. Telephone: *****22 (2 Lines) Cable Address: "WINOS" Singapore. Telex:
      52 words
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  • OVERSEAS
    • Article
      Senate wants lower windfall profit tax
      634 5 PRESIDENT Carter lost a major round in his fight to obtain a substantial "windtall" profits tax on the oil industry when the Senate voted to cut another US$lO billion (5521.7 billion) in revenue from a bill be already regarded as unsatisfactory. By a vote
      634 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      655 5 ARRIVALS Service Local Operator Number Time From RBA BI423 1200 BWN SIA SQ240 1125 MES GIA GA962 1230 HLP SIA SQ201 1245 HLP MAS \AUtiU WnDM 1255 KCH THAI TG413 1310 BKK CPA CX715 1330 HKG MAS MH651 1330 (KBR)/PEN/KUL SIA SQ61 1340 BKK SIA SQ117 1345
      655 words
    • Article
      Lock icon North Sea oil to cost more
      137 5 UPI NORTH SEA oil could reach US$32 to $35 next year, according to a report from industry analysts Wood, MacKenzie in London. North Sea oil currently costs Just over $26 a barrel, but seems certain to rise from the beginning of January when an
      UPI  -  137 words
    • Article
      Lock icon USSR to adopt scaled down economic goals
      289 5 AP THE Soviet National Parliament yesterday opened a major economic planning session, one day after President Leonid Brezhnev's announcement of a large shortfall in the grain harvest. He said production in other areas also fell short of expectations. Mr Brezhnev's announcement of the
      AP  -  289 words
    • Article
      Lock icon Iata proposals to meet fuel crisis
      272 5 UPI THE International Air Transport Association (lata) yesterday buckled down to work on a fuel crisis that is expected to Jack up air fares and reduce leisure travel. More than 300 delegates from 103 airlines belonging to lata, described as the aviation parliament, heard
      UPI  -  272 words
    • WORLD IN BRIEF
      • Article
        Lock icon CHINESE CONTRACT
        328 5 Agencies ONE French and three Belgian companies signed a €3 billion franc contract to construct two 300 megawatt coal-fired power stations in China, a spokesman for one of the companies, CokerilL SA, said. Work will begin next year and probably last four or five years, the spokesman added.
        Agencies  -  328 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      49 5 Heartiest congratulations and best wishes to CREDIT LYONNAIS on the occasion of the inauguration of their branch at 37th Floor, O.CJ.C. Centre m HffiDn EnTtRPfmS PTE. LTD. 3-01. High Straat Plaza. Singapora, 6. Tal *****4 *****3 *****1 Raa Tal *****8 Cablaa Ml LAP TELEX RS ***** A/B HARDIAL J
      49 words
    • Advertisement
      Page 5 Advertisements Column 2
      222 5 A *-ul: U 0m °o MR pSp^ tfi 4? t"S] 4SMF l^Pf The rebuilding a damaged Mercedes-Benz is easy at Cycle Carriage. We have the expertise and the equipment. c Body-rebuilding The damaged body is stripped to the chassis, and put on the Celette body-alignment jig specially designed pk iup
      222 words
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  • Article
    Politics has no place in banking
    508 6 LOOKING at the total assets of banks, the trend is clear. Soviet-owned Moscow Narodny Bank has reached the pinnacle of banking, leapfrogging over Citibank and Bank of America. To some, it must be ironic that in the highlycapitalistic area of commercial hanking, a seeming
    508 words
  • Article
    Japan has much to gain from Asean
    183 6 THE "mountain of Asean requests" which a Japanese journalist referred to at the recentlyconcluded Asean-Japan economic ministers meeting in Tokyo creates the unfortunate impression that Asean is a crowd of the underprivileged with hands outstretched and that the Japanese are doing all the
    183 words
  • Article
    Lock icon Tesco's future is crystal clear
    1228 6  -  GROCERY RETAILING IN THE 1980s By DAVID CHURCHILL FT. A WEEK may be a long time in politics, but a decade can be a very, very long time in such a fastchanging world as retailing. Ten years ago, the Tesco stores group was facing probably
    FT.  -  1,228 words
  • Article
    STRAWS IN THE WIND
    251 6 A LARGE banner hanging outside a new shopping centre near High Street announces that Klasse departmental store now has a coffee-house called Cafe De Klasse. This is where a little French is a dangerous thing while Cafe Klasse would be grama tically close to cafe classe
    251 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      36 6 I 1 b jm- CI v.v;r i |K P •*> ms>: <. ->' By* r^'.^waa aSw MM I 1 r" A \> tfv m ~e~\ mm nt <4 22S52S£!Tyejo2rzooIIIl!»^ l«r!''.'!>:'ij K I.' I. 1 J.", fti EJE VM The wfll
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      27 6 Sou. ON "7. 30 1 CRM'T u#MT To THC SaCOIOD H4STRLm£MT OF •TWSC 9EM PUSHEJPS; Pw CveRYDPiy OF OFnC€- FOLX. NOO ll Be uy\TO>ING. Of COURSC 3
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      1164 6 IM with Hi the Flytrap (Mi tia la ins. SINGAPORE 5 3.00 PM Opening followed by Star Performance The Long Count 3.30 Diary of Events (Chinese) 3.35 Over The Rainbow (Mandarin Drama Serial, repeat) 4.25 Intermission 6.00 Opening Mowed by The Amazing Apes (Parti) 6.30 News in Brief 6.35 What's
      1,164 words
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  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      40 7 meratUi ions t0 CREDIT LYONNAIS on the inauguration of their new Singapore branch at 3701 0.C.8.C. Centre Singapore T.K. Lim Brothers Pte Ltd Superluck Rubber Co Pte Ltd P.T. Gadjah Tunggal P.T. Dayin Prima Paint Tuan Sing Towers Pte Ltd
      40 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        182 8 mov n ru ABU 322.00 15 Abotd 78-10 -0.1 Akao 26J0 0.3 AMEV 96.10 0.5 Amlmt 115.10 unch Amro Bank <100 6.4 ssn: 53-50 »UM> I 0J Ms 66 JO -1 Muntnn 167 00 56J0 ■Oi -02 BjfMlorf 050 0J Gah* Drift 161.00 0.4 Ml II ij C3J0 Ennta
        182 words
      • Article
        Paris
        255 8 nov n Frs CORBEILLE Alr-Liquide 473 >13 B 8 N Oervals Dtnone m C 8 F (ThomsonCsf) 447 Cle Francaue des Petroies Compagnie Pliunclarc ***** 13 Compagnie Oenerale Credit Foncier De Frtn« MS 4(1 6 11 Hachette (Llbralrte) Machines Bull Mlchelln (B) Pirlbai US 66.00 no 233 -15 14
        255 words
      • Article
        Brussels
        83 8 mov n m FORWARD MARKET 347 +s Arbad 2118 -a Astur IN 4 Bructn Bru-Lunb sa mi 12 Ctnptc an ♦a 353 10 De Beers Ebes 2100 JO Etactrobel mo *90 Ob-Inno-Bm 2375 15 Oe* na Hobok nK ♦a Pelro SMO 130 Rjrl Dutch an is Stdro 110S Soc
        83 words
      • Article
        Frankfurt
        150 8 6** 3yJ»Z 1 ■S TBTEJLTJT] B*y Vbank B*rw 2MB 1MMB BMW CUMUt HUB rMODR Cham Vtrw Conu Oummi 2M0C 1MM 47 Mi -15 11 1J m M 1 Dtmag Dratacbt Bank Drcadner Bank IX Texaco Dyekarhoff ST A 144C0 2MM IflTM MM 14SJH J «U •M *U En ka
        150 words
      • Article
        Zurich
        174 8 NOV 27 Pranci Action* Sulaan 1M0 2 15 1 Brown Bovcn Br. Clba Or*7 Br. Cite o*«7 r C 1TM l» VB 25 25 IS cite oogy Rh m Credit Sutaat Br 2175 -1 Credit Sum* Rcf m neb Oaktoowau Br. Oeorf* PtKlicr Br OMNM Pc 2100 725 m
        174 words
      • Article
        Milan
        98 8 Ante IUO unch Aaaor Oen IMH0 n ♦«b 25 Central* 00 Plat ZZZ bio unch Fliutalcr M tUS Ocn I mm ob in Pti TWO M IS 41* It&lcemenu ***** J10 IUJfU 710 ♦7 IUklstter M ♦8 Ma«neu M Pf no unch MarcUl Ere Mrdtob Mlraianja Mondadort 318-SC arm
        98 words
      • Article
        Stocks close mixed in heavy trading
        1365 8 NEW YORK THE STOCK MARKET on Tuesday ended mixed ia heavy tradiag as investors took profits on the sharp gains scared on Monday following prime rate cuts by several banks. The Dow Jones industrial slipped three points but advances led declines five to three
        1,365 words
      • Article
        TORONTO
        225 8 NOV 27 AKItiKI CI 17 S Hud Bay Mtn Imp OU ■ma 21S 484 22 -s -s unch 4SW -S Int Pro? Pipe 17S S Alio mi 27S -s fnt UU 164 s Bank Bank Nova ScoUa n»n t»i 224 an 214 s s InU Nickel Kerr Add LoMaw
        225 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      163 8 Where to wine, dine and entertain (ffjcf cart»eo at 8.15 Jmt cucfij Sfjurcfrrtj at ttfc ©orotic Sable. V i l -~"i^ qsacii V r'7 1 pi 1 s TONIGKV plus Ai^sssss In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn,
      163 words
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      Page 8 Advertisements Column 2
      108 8 For lunch. For dinner. For a richly rewarding experience. .-V>., ,->srn.-r. i M< I v. r K Ns-UT.i.K S i Hv lllllllA I*) Ilk Slm-IHIIHI I H >!•*• r. n jM 6 I wy- GAME SPECIALITIES NOVI MBI R 1->(». I'HJOM.V ROAST PHPASAN'T. W'll 1) [)l'( K. II (,< ,11)1
      108 words
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      Page 8 Advertisements Column 3
      132 8 See Page 4 for Asian stocks e See Page 9 for Jo'burg prices WE/ 1 t 4 Si ii nose >* R T5..X, <#» 1 J •-i Cucku nol.l 5-"%{•• it s r/v/ A Steak House < Try our Teppan-Yaki steak In our oosy, personalised atmosphere A truly mouth-watering delight
      132 words
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      Page 8 Advertisements Column 4
      148 8 LUNCH XT Him Savour the "ue flavours of S ictoce cool exotic "odk',3 su"ounclinas d r 'he Hi*: s He f ner .'O' house Choose "oh -a .vno e e\ ot ;oc -i tooas >*e V /*.?:>,:«• S*ear Va <i, i"ies ioc es S -> 'o ec :-.cSii->-i".gP.q S.:ui; t
      148 words
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      Page 8 Advertisements Column 5
      83 8 c. I V' 'jMI 1 Merlin's New Tavern Bar It's totally new. Painstakingly furbished to create just the right ambience for vou to unwind after a hard day's work, before dinner, or to roundoff a perfect evening. Enjoy happier happy hours from 5.00 pm to 7.00 pm. We have The
      83 words
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  • BANKING AND FINANCE
    • Article
      Ringgit credit cards
      336 9 M'SIAN BANK'S WORLDWIDE FACILITY MALAYAN Banking Berhad will be Introducing credit cards and travellers cheques in conjunction with Bank of America, executive director, Mr Azman Hashim announced on Tuesday. Malayan Banking will be issuing the ringgit denominated Malayan Banking/Visa International credit cards early next year. The travellers
      336 words
    • Article
      Singapore market
      389 9 THE yen and sterling were the most volatile currencies traded yesterday, while the US dollar closed slightly weaker against major currencies. Steling started off at 2.1303/15 and saw strong support to reach 2.1757/67 when London opened. Late trading, however, saw earlier gains pared and the pound closed easier
      389 words
    • Article
      Treasury bill tender
      43 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $35 million 91-day Treasury bills to be issued from Dec 3 to Dec 7. Each tender must not be for less than $250,000.
      43 words
    • Article
      Gold
      273 9 THE SINGAPORE gold futures market yesterday closed sharply higher compared with overnight levels in moderately active trading, dealers said. Opening quotations were around US$2.5O higher following firmness in New York on Tuesday. The market held steady in the morning and rose around US$4-00 in late afternoon in line with
      273 words
    • Article
      Australia/NZ
      56 9 AUSTRALIA/NZ exchange quotes on Nov 28: US dollar 1.0942/1.0894 Sterling 0.5068/0.5028 Ninety-day air mail buying rates: Sterling 0.***** US dollar -1.1467 Ninety-day forward buying rates: Sterling 0.5188 US dollar —1.1077 NEW ZEALAND Reserve bank midrate: US dollar 0.9709 Trading bank Indications: Sterling 0.4607/0.4479 US dollar 0.9759/0.9659 Ninety-day airmail buying
      56 words
    • Article
      Tokyo
      82 9 THE US dollar for overnight delivery closed at 249.70 yen yesterday, unchanged from the opening level but down from 251.50 on Tuesday's close following heavy central bank yen-support intervention. The dollar for immediate delivery was last traded at 149.66 yen, unchanged from Its opening but down from 250 93
      82 words
    • Article
      Hongkong
      188 9 THE yen finned in late exchanges to 248.70/00 to the US dollar yesterday after remaining basically steady around its opening 249.55/65, compared with New York's overnight close of 249.35/50. The Japanese currency firmed after the Tokyo exchanges closed, on strong late buying interest, although dealers could give no explanation.
      188 words
    • Article
      London
      149 9 THE US dollar came under renewed selling pressure in active early trading yesterday. Dealers detected strong commercial selling of dollars out of Europe with rate falling to a low of 1.7402/07 marks after opening at 1.7448/58. It later recovered slightly to 1.7410/20 marks, with some operators detecting central bank
      149 words
    • Article
      JO'BURG STOCKS
      296 9 INDUSTRI A Alpha ALS 206 -10 AtTfrr^f" 252 AE And CI MO unch AMIC 1M0 735 -M unch Cf 8u«*r CNA Currte Finance De Bwn Ind MO sss 125 ins •10 -5 unch Ed con 4MB SMO 5 -M Everead red Vol* Fuglt Otrdlto no ISO -10 unch
      296 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9.2 per cent.
      22 words
    • Article
      Asian $ rates
      146 9 Asian rates ASIAN currency deposit interbank rates as at close on Nov 28: U8 DolUn(Spot) Offer Bid 7 days 12'4 12 Vk 1 month 12H 12W 2 months 13 5/16 133/10 3 months 13 11/16 139/16 6 months 1311/16 139/16 9 months 12H 12V« 12 months 1211/*****/16 8«M Das. (MUUU
      146 words
    • Article
      Discount
      44 9 RANGE <* prices ottered by di»count houses on Nov 28: Overnight 3 5H% Call deposit* 5W% Clo«ie£» BariaC SctUac 3-month Treasury bills 511/16 59/16 3 month Bank bills 85/16 83/16 3 months CD 83/16 81/16 6 months CD 8Vt 8H Source: National Discount Co
      44 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      307 9 CYCLE CARRIAGE LIMITED (Incorporated in Smgopore) J.; i# v .1.1 >3 3 II The Board of Directors reports audited Group and Company turnover and profits as foliows:Ss'ooo Years Ended 30th September 1979 1978 Group Company Group Company Turndver: Singapore Malaysia Operating profit To which should be added the share of
      307 words
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      Page 9 Advertisements Column 2
      104 9 BIH fi&tliifl m SpttitdCcfrt^ **<^ssss^ ■w£ ti *****17 Wmj JSsl 4*\ V K d 1 > i L -1 *srr )Pii Hi ,^s2fct if/ Vt isjiEi ,'V P'lLrt i/irii r 075 U. •*Wi, --<f Si L£.*"od > nv3 5 o 5® ri 11,; STAND FAST FINEST SCOTCH WHE KDO\ SCOTCH
      104 words
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  • Article
    BUSINESS DONE ON THE SES & THE KLSE
    1157 10 BUSINESS DONE ON THE SES THE KLSE BID aad offer prices officially listed aad budntii in and reported to the Stock Exchange of Singapore yesterday with the laantwr of shares traded dm brackets in lots of 14WI units unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Aama (1308) Allied Choc (1518
    1,157 words
  • Article
    Unit trusts
    147 10 nwira BE DMT no petoo* tor Not ■r m INCOME BON1 D UNIT The Oammerc J.« 121 (Canal pHaaa) TheSmvinj F\ ind IM LM Income Bond u» us S'pore Prof T und C.« •.f7 S'pore S*c. Fx md LM kTB S pore Invest Pond US 1JS mnt W
    147 words
  • Article
    SHARE INFORMATION SERVICE
    2655 10 Gr's Gr"» Net 1979 Company Last Div Div YTd P/E Vol Day High Low Sale +or- C*vr COOO) High Low 8ECTION ONE INDUSTRIAL COMMERCIAL 201 207 Aetna 230 15.0 12 65 11.7 196 123* Alcom 198 10.0 15 5.1 26.1 148 no Allied Choc 121 m 7.7
    2,655 words
  • Article
    Stock options
    102 10 Strikfan prices of the options officially listed on the Stock Exchange at Singapore yesterday, the period, bkis and offered prices and bmkmm done, if any, with the number of options traded shown in brackets. C C (Dec- (2.73) (0.228). (MB,. (Dtt Haw Par (Dec Sl.OO) (OJOB). Hnne F
    102 words
  • Article
    In Kuala Lumpur
    1391 10 BID and otter prices officially listed and hnrinew in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless other- mi I. lft a J wise specified. INDUSTRIALS Aim* (IMS) AJeaa (I.KS) /Uas
    1,391 words
  • Article
    COMPANY MEETINGS
    119 10 Bfthnu Hyiraalk Tli BM:AGM to be held at 25, Beach Road, Penang, on Nov 29 at 12 noon. Malayaa United IMastrles BM: EOGM to be held at Messrs Tan Toh Hua 4 Partners, Penthouse, 16th Floor, Wisma Mirana, Jalan Wisma Putra, Kuala Lumpur at 3pm on Nov 29.
    119 words
  • Article, Illustration
    Emphasis on second liners
    647 10 FOLLOW-threagh baytag •a orders mrM over tnm the previses day tailed to bo aastslßii at the Stack rrrkaagi sf As B O—T IB BIBBy M eaee s( the Hoagkaag paaaed fer a breather. Otherwlae, there was ao (ml develepamat to Mir the market MgaMeaatty la Bay
    647 words
  • Article
    Interest of buyers fizzles out in KL
    468 10 THE Kuala Lumpur stock market displayed its weakness yesterday when overnight short-covering and light buying interest evaporated shortly after the opening session. Stock prices opened fairly steadily on follow-through support from Tuesday but levels were only marginally better. After the mid-morning bell, prices
    468 words
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  • COMPANY NEWS
    • Article, Illustration
      Know-how helps Metal Box (S'pore)
      595 11  -  Cost saving* through technical developments and better demand have paid off for Metal Box Singapore. But risings costs and oil supply problems make take the sparkle out o! second-half results. By CATHERINE ONG BUOYANT demand for its products and benefits accruing from technological developments boosted
      595 words
    • Article, Illustration
      Profit surge at Malaysian Containers
      417 11 IMPROVED trading conditions have increased earnings, at mid-term, for both Malaysian Containers (1974) Bhd (MCB) and Singapore Glass (1974) Ltd (SGL). At MCB, unaudited group pre-tax profit surged by 70 per cent to $3.22 million for the six months ended Sep 30. Sales rose by
      417 words
    • Article, Illustration
      Lock icon SIC study timely
      518 11 mm® by HOCK LOCK SIEW FAR from being merely a watchdog committee that oversees the affairs of the local equities market, the Securities Industry Council (SIC) is actively carrying out a study to promote Singapore as an international capital market. Lately the Council invited the Singapore Society
      by HOCK LOCK SIEW  -  518 words
    • Article
      DIVIDENDS ANNOUNCED
      593 11 Current Payment Kx Date Books Close Date Total for Total for Payable the year Previous year Mentakab Tractor* Rothmans S Darby Tan Chong A Ent Kinta Kella* Talam Mine. Guinness Syn Reaina Cold Store Glenealy K G Flour Rah Hyd Toshiba P M Hide* C Sugars Ial Pen
      593 words
    • Article
      Benefits of W & T sale for Ben
      227 11 Benefits of W T sale for Ben THE resale of Wharehousing and Transportation Pte Ltd (W A T), a whollyowned subsidiary of Ben and Co, to Straits Steamship is expected to lead Ben to a breakeven result next year and a return to profitability thereafter. This was disclosed in a
      227 words
    • Article
      RESULTS DUE
      192 11 Date Lai it Fall Yea r n my J Ptritd ASMMti Net EPS Oiaaa Pre-tax laet year <«■*> Dhr. PieOt <%> (Vm) Msia Rice I 9/10 4.0 228 MTC F 17/11 33.0 43.6 52,655 Nanyang Press F 25/11 24.9 6.0 2,587 Petaling Tin F 25/U 95.0 120.0 13,758
      192 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      81 11 OIL PROSPECT Over US$l5O,OOO has been spent on geological research on this oil and gas prospect. Drilling commences February 1980. This 2800 acre prospect is located adjacent to one of the oldest and most productive oil fields in the State of Texas. Partnerships in this syndicate are very limited. Minimum
      81 words
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      Page 11 Advertisements Column 2
      150 11 HEARTIEST CONGRATULATIONS AND BEST WISHES TO CREDIT LYONNAIS ON THE OCCASION OF THE INAUGURATION OF THEIR BRANCH AT 37TH FLOOR OCBC CENTRE CHULIA STREET. SINGAPORE 0104 ON THE 29TH NOVEMBER. 1979. PANIN INT'L PTE. LTD., TRADIMEX PTC. LTD. SUITE 605, 6TH FLOOR, HIGH STREET CENTRE, SINGAPORE 06)7. HEARTIEST CONGRA TULA
      150 words
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  • Article
    Lock icon Japan to grant trade status to China
    181 12 UPI PRIME Minister Ma sayoshi Ohira's government has agreed to grant preferential tariff treatment to China starting next April, government sources said yesterday. The measures, adopted by developed countries to boost imports from the developing world, would make Chinese goods less expensive and
    UPI  -  181 words
  • Article
    Factors governing credit availability
    400 12  -  Asian Corporate Finance Conference By CHOO AI LENG ASEAN companies requiring finance (or international expansion must be aware of certain controlling (actors which may influence the choice of lenders, financing method or even the availability of credit. This was pointed out yesterday by Mr Merlyn Doleman
    400 words
  • Article
    Automatic checks will deter computer faults
    333 12 COMPANIES intending to computerise operations should ensure that sufficient controls have been built into the system to check against fraud. Not only will the automatic checks in the programme protect against misuse, they will also be more effective than manual checks. In addition, if
    333 words
  • Article
    S'pore-China pact expected in early 1980
    178 12 THE PROPOSED trade agreement between Singapore and China is expected to be finalised early next year, said the Minister for Trade and Industry, Mr Gob Chok Tong. Returning last night from the two-day JapanAsean economic conference, Mr Goh denied earlier reports that the trade
    178 words
  • Article
    KL banks urged to temper profit motive
    119 12 COMMERCIAL banks in Malaysia were yesterday warned not to detach themselves from the sociopolitical environment in which they operate in their "relentless quest for profit nrmTimiaartnii Malaysian Finance Minister Tengku Razaldgh Hamzah said: "I will not hesitate to recommend to the government and
    119 words
  • Article
    Contractor case verdict reserved
    299 12 THE High Court yesterday reserved judgement on a dispute between a general contractor and the Central Provident Fund Board in connection with a 1971 contract for the construction of the board's $36.7 million building in Robinson Road. At the end of a three-day hearing, Mr Justice
    299 words
  • Article
    LONDON STOCKS
    801 12 LONDON, Wed. Share prices cloaed firmer in quiet trading with sentiment boasted by hopes that the dtapute at BL Ltd will soon be over, dealers said. At 3 pm, the FT index was up 5.7 at 418.2. Dealers noted that towards 44^ me ciaee some prices armed on
    801 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      60 12 },^$=-{*&)`%.]*+!{!!(*;++%!{"<} HEARTIEST CONGRATULATIONS AND EVERY SUCCESS TO CREDIT LYONNAIS on the inauguration of their new Singapore Branch Office at 37th Floor, 0.C.8.C. Centre dtla/Us ENTERPRISES PTE LTD MARIS ENTERPRISES PTE. LTD. CHINESE INN PTE. LTD. PARKLANE JEWELLERS PTE. LTD. ORIGINELLE PTE. LTD. Unit 2-27, 2nd Floor, Lucky Plozo, 304, Orchard
      60 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      63 12 W EATHER] Outlook for Singapore from 6 a.m. to 1 p.m. today: Cloudy with occasional rain. Report tor 24 tours prtor to 7Jt p.m. en Nev 28 at the airpert Maximum temperature 29.2 Associated humidity 72 Minimum temperature 22.9 Associated humidity 96 Hours of sunshine 0.45 Rainfall in millimetres Trace
      63 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Still trying
        94 13 SELCO Salvage was still trying to save the Panama-registered South Korean freighter Yu Seung Ho yesterday morning. The ship, carrying a cargo of steel products for Borneo, had suffered heavy damage when it ran aground near Horsburgh Lighthouse, at 2 a.m. on Tuesday. At 9 a.m. yesterday, salvage
        94 words
      • Article
        Lock icon Normal service resumes
        60 13 Reuter NORMAL movement of ships through the lock entrance of Kidderpore Docks in Calcutta, disrupted since Oct 18 by lock operators demanding higher wages or the employment of more workers, has now resumed. The Press Trust of India said the operators and the Port Trust have reached
        Reuter  -  60 words
      • Article
        Lock icon Suicide
        54 13 AP. A FILIPINO radio operator committed suicide after the collision of two cargo ships at the port of Bhavnagar, Western India, the United News of India said. Police are investigating the death of radioman Leanero S. Pangililan from the Panamanian ship Glory Bride, which collided with the Greek vessel
        AP.  -  54 words
      • Article
        Lock icon Christmas trees
        59 13 Reuter THE 52,000-ton container ship Nedlloyd Hoorn sailed from Hamburg on Tuesday with 37 Christmas trees on board destined for German families in Singapore. The ship's Dutch captain Nicolaas Tillema said he will keep the trees green by watering them everyday on the 22-day 16,000 km voyage through
        Reuter  -  59 words
    • Article, Illustration
      PIL to sell lead passenger vessel
      483 13  -  By GOH ENG KEE SINGAPORE shipowner Pacific International Lines (PIL) is finalising the sale of its lead passenger liner, the IO.OHMwt Kota Singapura, to Taiwanese shipbreaking yards for about US$l.5 million (553.3 million). PIL chairman YC Chang told Shipping Times yesterday that sale negotiations
      483 words
    • Article
      INDEX TO ADVERTISERS
      570 13 Shipping Um Paffe CM Adriatic IV 5 Afea VI 3 Alfred CTS IV 5 Alpac VI 5 Angkutan VI 4 Anhsing vn 2 ANL i 1 APL m 4/5 Argentice IV 4 Arya Nat vn 3 ASCL m 1 Asia America IV 5 Asia Merchant IV 5
      570 words
    • Article
      Canada pursuing national flag fleet policies
      505 14 CANADIAN Transport Minister Don Mazankowski has given a firm indication that his government intends to push ahead with its announced plans for stimulating the re-estab-lishment of a Canadian flag deep-sea fleet. In a recent interview with Transport Canada, the Minister revealed that detailed plans
      505 words
    • Article
      Survey status system in full swing
      194 14 THE AMEBIC AN Bareaa at ShMafa (AB8) eifrtw""H"/. aystom Is aaw eperettaaal la seven haUN ale—, rfx la the US aaimtaEmfe. la > ill is to it* lateraattoaal headfaarters la New Yerk City, when the system Ant heeaaae nm> ttoaaU, the etttes rmmrttri to
      194 words
    • Article
      Container Schedules
      956 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority s premises during the
      956 words
    • Article
      LONDON FREIGHTS
      1394 14 GRAIN shippers booked a cargo from US Gulf to Japan at US$25.50 (flo) for Dec/Jan and three cargoes on the same run at $24.75 (So) for first-half 1980. Other grain bookings on Tuesday included wheat from Nantes and St Nazaire to Italy at $20.25 (flo) for November and
      1,394 words
    • Article
      Lock icon Like wading into murky waters
      1228 15 SUING TRADE UNIONS Lloyd's List. THERE is a saying that when two or more shipowners come together, they either form a cartel or sue each other. The shipping industry is certainly prone to litigation. But when it comes to taking legal action against trade unions,
      Lloyd's List.  -  1,228 words
    • Article
      Saudis may put the lid on normal boxes
      220 15 SHIPPING llaes which •perate entailer services te Saadi Arabia eeaid be threw* late disarray If a threatened baa takes effect. The Saadls are plaaalng baa rrnrrafltasl eenliaes have la vested sabstaatlally, la favear sf a "Saadi" bex. The irrlaliß la aimed at
      220 words
    • Article, Illustration
      SHIPS IN PORT
      386 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Bindang (1500) 19 Dove (tanker) (1800) 15/16 Kimanis (1300) 21 Kota Benar (0700) 10/U Nedlloyd Kembla (after Olga Sadobskaya) 1/2 PASIR PAN JANG WHARVES Awashima Maru (1200 after Kota Indah) CB2 Gdn 302 764-859 Bona tide (1200) CBBA Gdn 303 1389-1483
      386 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3726 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      3,726 words
    • Article
      Gas free clearance for bunkering
      166 20 SHIPOWNERS are now required to obtain a gas free certificate before they can apply for a licence to operate bunkering vessels in the Port of Singapore. This was stated by the Port of Singapore Authority (PSA) in a recent circular to the shipping community. The
      166 words
    • Article
      Lock icon War risk premiums go up
      157 20 AFP LONDON ship insurers have increased "war risk" premiums for the Gulf region and are demanding specially high premiums for Iranian ports, City ,of London sources said. General war risk goes up from 0.025 to 0.05 per cent in the Gulf except for Iran where
      AFP  -  157 words
    • Article
      Lock icon Freight rates drop from record levels
      752 20 AFP THERE was a distinct easing of freight rates last week from previous record levels despite the continuing presence of Chinese chartering and a revival of Soviet interest. The closure of the US markets on Thursday for Thanksgiving Day effectively curtailed business and possibly
      AFP  -  752 words
    • Article
      Lock icon Call to put shipyard industry. back on its feet
      331 20 AP GOVERNMENTS, employers and workers involved in the world's shipbuilding industry have been urged to Join forces in a major international effort to save jobs, eliminate substandard vessels and generally put the industry back on its feet. The plea came from
      AP  -  331 words
    • Article
      WHO ACTS FOR WHOM ...
      1385 20 WHO ACTS FOR WHOM The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A B Adriatic Container Container Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Alfred C. Taepfer Intermodal (S)/Marintex Enterprise (PK). Alfred C. Tvepfer Sehiffahrt New Orient
      1,385 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      273 13 EURO ASIA CHAfWRING COKPiM PH- LTD Suite 80/ Sfh Hoc OciMn Siii'Oing S>nq<iprir 0104 tible {motracht lete« HS 7390b A B f uiiifrj Telephones *****0 m Orient Overseas Ca*tici*teA Line. OMENTAL CHEF 17* hkqnc comajnex ira tea r? CHNA comuo X S Sf AS BHH 2X xrmc cotAi ise UCVAIDI
      273 words
    • Advertisement
      Page 13 Advertisements Column 2
      339 13 I?9tt§ Jil SEALORI) LU ANTAFI H m UASC UNITED ARAB SHIPPING CO (SAG) WEEKLY MULTI PURPOSE SERVICES loading for Kuwait (19/12), Shuiba (22/13). Dammam (25/12), Doha (28/12). Abu Dhabi (31/12), Dubai (2/1) Mina Qaboos (27/12). Dubai (30/12). Doha (2/1), Dammam (5/1), Kuwait (8/1) FULLY CONTAINERISED SERVICE Loading for Dubai (20/12),
      339 words
    • Advertisement
      Page 13 Advertisements Column 3
      349 13 NEPTUNE ORIENT LINES LTD FAR [AST EUROPE FULLY CONTAINERISED SERVICE Hawt IT4*l F'stoat Whuri Bret* A'aerp 17 Ok II Dtc 19 Occ 21 Dk 22 Otc 25 Dec 220K 23 Ok 25 DK 29 DK 31 OK 41m 28 Ok 30 0k 21m 41m Stan I tan 6 tan 7
      349 words
    • Advertisement
      Page 13 Advertisements Column 4
      656 13 EUROPE/FAR EAST SERVICE Set PogeVl Column 3 for Soilings Aqen!^ SINGAPORE SHIPPING AGf NCIES PTE ITD VARKtTiNG *****2 GENERAL 9' 3111 A EURO ASIA UNf SON BHD K I ***** 7. P nt ANG *****1 3 PE ME NG *****, 2 mm LONDON Freights n/ffl CONTAINER Schedules U SHIPS la
      656 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      494 14 LEO SHIPPING PTE LTD SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN. BERHAD. P KELANG PENANG V i MALAYSIAN NTERNATIONAL SHPHNG CORPORATION BERHAD "EXPRESS FULLY CONTAINERISED SERVICE HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 TO/FROM MED/UK/CONTMENT/SCANOINAVIA 1) G'burg 2) Hbarg 3) B»en 4) Rdam 5) Le H P Kalang S pore Mae
      494 words
    • Advertisement
      Page 14 Advertisements Column 2
      258 14 EBS SUPERCARRIER SERVICE WEEKLY SERVICE FROM US ATLANTIC/GULF AND E. CANADA M N. OH IMa WM MM ML SIMM TVTOkI m fa» M» iwi SM M SaM SaM SaM 30/11 1/12 3/12 6/12 4/1 1/1 8/1 9/ UMIW SaM S*tod 1/12 5/12 1/12 10/12 12/12 16/1 *19/1 *20/1 TBI IT—in
      258 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      745 15 Overseas M B B Containers Limited Weekly service to/from UK/Europe 1 ng TO IK/CONTMMT: IvkyoDoy OyeKMtKf WE*w tapkn Ebottaa SINGAPORE: K. LUMPUR: PENANG: SfIHICE FHOMI*/ tfbai Bran C<a Mod hM M Ike 2Dk 4Dk 4DM sOk 7DK 12 Dk UDK 15 DK It Dk 17 Dk 1} Dk It Dk
      745 words
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      329 15 f Franco Belgian Services (F- r Faft French Service with Belgian F*ir Fusfirn I. me* y. C.M.C.R. fAR f AST F Pi K Sf PV I f Seatrain Pacific Services S.A. FEEOERVSI PR PIN MOTHER VSI LA OM GULF E/C a/11 1/12 Vllto|to 22/12 24/12 31/12 3/1 7/12 S/Mhyfef* 31/U
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      650 16 Hapag-Uoyd FU.LT COWMOBtD TO EWOft Trtyt Bay Trim Eiprtu C*4(an by Kanga Hani Ok* Mm S part f KHinf Pta ttbm Gcma H'burj Brtmtn Man Mm 3/1? 4/1? 13/1 10/1 3/1 912 10/12 31/1 17/1 15/1 11/1 9/1 23/12 25/12 20/1 13/1 31/1 28/1 25/1 23/1 7/1 a/1 11/2 9/2
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      545 16 cn a n y Z%J J r 1 tt. —J Alqenan National I op STOK +BBMU (1979) 29 Rw PJQJM6 UMOMG KB May/Uk/Mmk/Jmk/ KL MB (1979) 15 OK BECHtt (197t) 21 Ok II Ok Ltftor i/M/IM/Irt/ 310k L*d»ra/S«te/V^Mda/T«li/ +BOUU (1971) 15 Jm 13/14 In Mt/YdMhw/Myt OBWU (1979) 15 Fafc 13/14
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      479 16 EVERGREEN LINE FAR EAST EUROPE EXPRESS EULL CONTAINER SERVICE ACCEPTWG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP LE HAVRE ALSO ACCEPTMG CARGO FOR UWTED KHGOOM SOUTHAMPTON. "LONDON, MANCHESTER. BMMNGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BtttfftHAVfN HOLLAND AMSTERDAM EXPRESS FULL CONTAINER SERVICE Spore Nm| Km( Oiaka hu KmAm Ever Hit- Mi»
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      749 16 Everett Lines Burn* Fhra Star Shiupkif Corpn. "BURMESE NATIONAL LINE LOADMG FOR RANGOON S>w* PAatof hm J'P" PMtai rmmm MM 30tkm/2 MUM n Nn/3 Ok 4/Sok H—WW <— Okdwitoa*) —1/1 Ok 7/11 tec ZMn/lAk BFS S C Aoam* w\ Motoyvo TEPS MALAYSIA Port Katong Tal (38K7355 Penong Td *****/***** Compania
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      663 16 ELO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOIJSF SHENTON WAY MISTRI ROAD SINGAPORF 2 TEL *****44 7& *****70 IS! SANKYO LINE AUSTRALIA SERVICE P. Keixif Singapore loadaif tar: 14/17 Ok 11/19 Dec SYD. MEL. MCI. 23/25 Dec 21/22 Dec BKB, SYD. MEL. AOEL BANGLADESH SERVICE
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      464 17 PIL GROUP EAST AFRICA/REOSEA SERVICE SING APORE/CHITTAGONG/RANGOOH/SER VICES Chittagong. Madras. Rangoon SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES Pakistan National Shipping Corpn. Karachi Pan Islamic Steamship Co. Ltd. Karachi Pacific International Lines pte ltd (joint service) Malaysia Shipping Corpn. sdn bhd HOT* MMM W ton BMMQA n ton HMUPM ri P. K«tM|
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      154 17 KAI UNION SHIPPINGS 26th Floor UIC Building, Shenton Way Singopore, 1. Telephone: *****66 REGULAR SERVICE TO CHTTAGONG ETA ETD VESSEL 3 Dec 5 Dec KOTA KMABALU SERVICE A VESSEL 15 Dec 17 Dec SMGATORE/PENAMG/PHUKET SERVICE KAI 30 Nov 2 Dec REGULAR SERVICE TO BANGKOK KAI IV 15 Dec 17 Dec
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      599 17 BEN LINE CONTAINERS BEN ASIA CONTAINER SERVICE EXPRESS CONTAKX SERVICE STRAITS/TAIWAN/JAP AN VI (/l »/l 11/1 22/1 24/1 24/1 29/1 11/1 »/l 1/2 V 2 BENBULKI BULK SERVICE FOR TIMBER AND PLYWOOD Reiang Ifiot SUPO6I »ty 1(2 SaM S pore f HHanj laadtaf I SaM to Pt/21 Not Ipooi Ne
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      697 17 Scan Dutch 9 EKIY EXPRESS CONTAINER SERVICE Ml wi: t 4/12 11/12 11/12 2*/12 2/1 lilt 22/1 *0 Kin r" EASTBOUND FROM MED 1) GMrf 2) Ifto] 3) r« 4) ttm S) LaH If saMs P MM* S port won MM faM MM faM faM IM SM kfM HI MM
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      607 17 BOUSTEAD AGENCIES LOADS FOR E. 1 S. AFRICA DOUY aou (Revmon Durban Ctowi Pt Etu. I London) S port 12/16 Ok P Ketang U.S. GULF COAST SERVICE (New Orleans, Moble, Houston, Galveston) Sofipore P KHanf Kuantan US GMI MALLORY ITKES (dßdt t toads) 20/22 Ok «Feb U.S. WEST COAST SERVICE
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      776 18 K LINE KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA no feekrkssels* n 9 motto vessels n u x m Bern* 99 11/12 1/12 'mrik Dn 21/12 7/1 UwfatoMfc* 29/12 1/1 tmmm Mp 29/12 22/1 Ml* Ac* 14 13/12 U/12 MaMm 5/1 15/1 LiMMMp 29/12 1/1 tomM Mp 29/12 22/1 C*»«AceM
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      507 18 E C/GREAT LAKES SERVICE LOMME KM: KW TOM. WMFOLK. MONTCAi. TOMHTO. ASHTWUU BL" 1 1 CALIFORNIA/PACiFIC NORTH WEST SERVICE Lm*| tar IOS NHLQ. SAM FIMCSCO. StATTU. TAOMA. VMCONO. LC EXPRESS CONTAMER/CONVENTIONAL/ REEFER SERVICE "SO NAGNJWT "SO TIBPURA" Pw»« P totant Sappert I tap* 16/17 In 11/1) Mi 20/71 In It
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      481 18 O Mil SINGAPORE SHIPPING AGENCIES PTE LTD .'O'h I JOH UI.US BI'HCNII S Ni.»PO»( VAB« t'NG 9' .3 t IN{ S, 01 N f HAL 9'T'i '4 Nf S Tfif 1 BS .'4S9S MS .ASM A a C AB r ,MP 0 «<i J CAROOSHIP 111 EC!" 11 e^wna (ontniiirr
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      636 18 GRANABD LINE RED SEA/MEDITERRANEAN SERVICE fto* PJMMI fm 11WHENIM VJ3N 5 tec MV COLUMNS «*TW V 34* 14 0kM.V KM Ml V.JSN Ikm tcarmt comma cargo-Fam Jedda*/P.Said/Alexa«lna/ Bemrt/Lattakia MI.MMWIIJf. MV. MMCHEONG V.29E M.V. MM SMG„ Hong Kong Keelung S OK (Ok ALL OWNED VESSELS Yokohama/Busan Busan/Keelui< Granard Shipping Agencies iSi
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      529 18 INTRASEA (RYE) LTD F^bp'House 234E Orchard RoacJ Smqaporp 9 Telephone *****U *****57 3 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE OESPMA OMHMS S par* F. Kate* 30 Nn 4Dk 30k IDK Boulogne/Avon/Tribury Sintapsrt MTRASEA (PTE) LTD *****11 BOOK KG *****5? Sp TtO SMPPMG TRAOMG *****4. *****2. *****1 < WTa QgRSEAS
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      274 19 UNI-OCEAN CONTAINERS (PTE) LTD 3; 3 31! 2; 3: tii h: BETWEEN SINGAPORE/INDONESIA Bookings Uth FIR. UMBC BLD6. MALACCA STREET SUGAPORE 0104. TEL: *****8/ *****4. Tdex: R*****4 Cable: LUCSHP r CEYLON SHIPPING CORPORATION National Lin« ot Sri Lanka FOR COLOMBO gKASAGAMKA SMGAPQRE 8/12-10/12 PT KLANG/PtNANG COLOMBO IS/12 ALSO ACCEPTWG CONTAICX
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      238 19 SOON SENG GROUP Regular Service To East M'sia Vessel FON6SIAN6 FONG SOON PJUMt Sport Pw* 6 Dec 6 Dec 2 lMdm( tor KucMnc/Sbu KK/Slan (KocMnc) pfnci va KUALA LUMPUR Soon Seng SHipD'"<) Sdn Bhd r V- POST HUANG Mt MNCjAPOW I'hi oi'jd SfMopirj PENAHG Soo Muß s«ng "ei Victo'ii S'
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      378 19 kit CWAN SMPPNK (PTE) LTD. Mi lilt. 11th floor, Mcmitml Haw No 10. Amen load. Smgapon 2. Tofc 771*733 (5 Line*) 1 IMUmATOK TO E MOTS* SBMtO: Penang P. Keiang Singapore tCMHLA KKbhi, Ta«au bft/30 Nee fULADJU KKbtu. Kudat 2/4 Doc ttMTI MM S'kan, Tawau C/ 10 Doc 11/13 Ok
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      124 20 ■r v *1 fM THE TIMES ATLAS OF WORLD HISTORY presents the drama of World History in the arena of its action: the lands and seas of the world. This entirely new and authoritative work of reference combines the visual detail and excitement of an atlas with a full scale
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  • Page 20 Miscellaneous
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      141 20 [51 SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: (6) Centre of Tropical Depression, maximum wind speeds 22 —33 knots. N I/ Direction of movement Centre of Tropical Storm, maximum wind speeds 34 —64 knots. /O*" 8 indicated by arrow and Centre of Typhoon, maximum wind speeds
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      104 21 Today, Credit Lyonnais Inaugurates Its Branch In Singapore. CREDIT LYONNAIS has been operating a full-service branch in Singapore, the region's centre of international finance and trade, since early this year. The Singapore branch offers a complete range of banking services, backed by more than 110 years of experience and a
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      50 22 CONGRATULATIONS and WITH BEST WISHES onthe occasion of the INAUGURATION OF THE SINGAPORE BRANCH of T i PAN IN GROUP PAN INDONESIA BANK PAN INDONESIA BANK LTD. PANIN INTERNATIONAL FINANCE CORP. LTD. LUSO INTERNATIONAL BANKING LTD. JAPAN EXPRESS FINANCE LTD. ASEAN EXPRESS FINANCE (HK) LTD. SINGAPORE EXPRESS CREDIT PTE LTD.
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      61 23 mil i Z 9 VL 0M 1 I I I 9 9 E t 9 mmirm i at 3101,0.C.B.C.Centre MR. SOEYADIAGUS (OEI BOON TECK) SINGAPORE TIMUR JAYA COLD STORAGE (PTE) LTD. HONG KONG FOREST OCEAN FINANCE (H.K.) LTD. FOREST OCEAN DEVELOPMENT (H.K.) LTD. INDONESIA P.T. GADJAH RUKU P.T. PAN TUNGGAL
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      34 24 I I immnimmmi i at37ol,o.C.B.C.Centre MR. YAP TJOEN SOE P.T. KALIDERES PRIMA INDUSTRIES LTD. P.T. KAWI MARSHALL INTERNATIONAL LTD. P.T. MIGRO BROTHERS FOODSTUFF INDUSTRIES P.T. SUPER TATA RAYA STEEL CORPORATION P.T. SINAR TANGERANG STEEL
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      108 25 i at 5701,0.C.8.C. Centre HARAPAN GROUP INDONESIA P.T. HARAPAN MOTOR SAKTI INDUSTRY CO. (SOLE AGENT OF YAMAHA MOTORCYCLES FOR INDONESIA) P.T. KARYA SAKTI UTAMA MOTOR (ASSEMBLING YAMAHA MOTORCYCLES) P.T. YAMAHA INDONESIA MOTOR MANUFACTURING (MANUFACTURING YAMAHA MOTORCYCLE COMPONENTS) P.T. ADIASA SAKTI (DISTRIBUTOR OF YAMAHA GENERATORS, OIL AND OTHER PRODUCTS) P.T. PEMBINA
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      39 26 CREDIT LYONNAIS ml 7 M K rim Singapore nc at*****.C.8.C. Centre MR. OEIEK TJHONG SINGAPORE CHIP LIAN (PTE) LTD. INDONESIA C.V. SINAR MAS P.T. BITUNG MANADO OIL LTD. P.T. PABRIK KERTAS TJIWI KIMIA P.T. MAKTODJAJA P.T. MENARA MADJU P.T.WITIKCO
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      44 27 mu i 0m t i i e mmtm immmmnm 'i at37ol,o.C.B.C.Centne JAKARTA P.T. Satya DJaya Raya Trading Company P.T. Aries Utama P.T. Pulogadung Steel Mfg. Co Ltd SINGAPORE Forward Shipping Co Pte Ltd Shenton Pie Ltd Hudson Co Pte Ltd Hudson Holdings Pte Ltd
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      46 28 9 to iMlfi i Vl\ I 9 m via tm r s 9 mi me iWimjmmm at37olo.C.B.C.Centre MR.TJAN HOK SENG P.T.WARINGIN METAL PRINTING P.T. U.D. KENTJANA P. T. TOM Y UTAMATOY FACIND. P. T. CIKUPA MEGAH PAIL CAN FACTORY P.T. TOMY KENTJANA BOLING HOOP FACTORY. CVAPOLLO
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