The Business Times, 5 December 1979

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES M.C4P) No. 14C/1/7* WEDNESDAY, DECEMBER, f, 1171 50 CENTS
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  • BRIEFLY...
    • 54 1 AFP TOKYO, Tues. Japan's gross national product (GNP) in the July-September period grew by 1.8 per cent in real terms over the previous quarter for an real annual increase of 7.4 per cent, raising hopes for the government's projected 6.3 per cent real increase in fiscal 1979,
      AFP  -  54 words
    • 92 1 AP KUWAIT, Tues. Saudi Arabia's Oil Minister walked out of a meeting of Arab oil ministers, apparently after Libya proposed a resolution supporting Iran in its dispute with US, conference sources said. The meeting of nine members of Oapec had barely gotten under way when the Saudi
      AP  -  92 words
    • 55 1 AFP TAIPEH, Tues. Taiwan is expected to export six million electronic calculators this year, becoming one of the main supplying countries in the world, trade source said today. Production of electronic calculators in the first eight months of this year totalled 4,078,000 of which 480,000 calculators were sold
      AFP  -  55 words
    • 47 1 JAKARTA, Tues. Indonesia is not going to use oil as a political weapon, and this is the attitude Indonesia will put forward before the meeting of the Organisation of Petroleum Exporting Countries (Opec) in Caracas, Venezuela, in Dec 17, Vice President Adam Malik declared yesterday.
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    • 62 1 UPI TOKYO, Tues. Soaring sales of cars and electric appliances, triggered by the yen's value drop, drove Japan's exports sharply higher in November, the government reported. The Finance Ministry and the Bank of Japan said in their joint announcement that November's exports on a letter of credit basis
      UPI  -  62 words
    • 68 1 Reuter LONDON, Tues. A London Crown Court today rejected an appeal from Ladbrokes, Britain's largest gambling group, for restoration erf casino licences they lost following a court ruling last July. Authorities refused to renew licences for three of Ladbrokes four London casinos after a magistrate held that their
      Reuter  -  68 words
    • 38 1 UPI TOKYO, Tues. Iran's state-run oil company has old Japanese trading and oil firms that it is ready to negotiate oil supply contracts for the next year in Teheran beginning Saturday, industry sources said. UPI
      UPI  -  38 words
    • 78 1 NEW YORK, Tues. Stock prices made a moderate gain Tuesday morning. The Dow Jones average of 30 industrials climbed 4.36 to 823.96 in the first half hour. Gainers outnumbered losers by a 3 to, 2 margin in the early tally of New York Stock Exchange-listed issues. Analysts said
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  • 138 1 Rises Petaling 1110 30 O U E 376 16 M U 1 510 12 Shangri-La 800 10 Slraita Trading 730 10 C C M 590 10 C Properties 185 10 Town City 153 10 M T C 416 8 Supreme Corpn 170 7 Allied Choc 130 +7
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  • Article, Illustration
    155 1 Rises A Hitam 1320 Prima 282 Sel Prop 392 P Textile 92 Pengkalen 520 M U Ind 525 Tronoh 970 Glenealy 230 A Hitam (R) 450 S Dredge 458 +30 +21 20 16 15 15 15 +09 +08 +08 Falls FL L'ston M Credit Isl and Pen Sea
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  • 692 1  -  WARINGIN OF INDONESIA By COLIN CHEE A FEW of South-east Asia's best known financiers and businessmen have taken stakes in the $150 million company which will develop the multi-million dollar hotel and shopping complex in Marina Centre. The shareholders include companies chaired by Mr Wee Cho
    692 words
  • 275 1 THE US dollar rallied on European money markets yesterday while gold maintained its advances. Gold maintained its overnight Zurich price to open at U*****.00 an ounce and in London climbed to an opening $436.00, from $432.25. A dealer -for bvfiton brokers Sharps Pixley said in
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  • 430 1 SINGAPORE'S only tyre manufacturer, Bridgestone, is raking in export orders from West Asia in the current flood of orders which its Japanese parent and other Japanese manufacturers find difficult to meet because of their own fast-expanding domestic demand. Bridgestone's Jurong plant has netted a 25
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  • 383 1 THE National Trades Union Congress cooperative insurance scheme, Income, will reach its target of $150 million in proposals during the current year. This was disclosed by the chairman of the board of Income, Mr Bernard Chen, speaking at the ninth Income Day dinner last night. Mr Chen
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  • 250 1 PRIMA (Flaw Mills) yeakad lent* to Mil S per Mat af Mi r'ni Mb. aMiary, P T Prims btiarala, t» Mr ITli■■<■■■ rfNtfl, Jalaa Scmhaja, Jakarta. The sale repreaeato UU each af the paid-ap capital UBsf milttaa. The ■to It
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  • 336 1  -  By FOO CHOY PENG CONCRETE proposals for the setting up of a Trade Development Council have been submitted to the Government and the onus is now on the Government, namely the Ministry of Trade and Industry, to act on these proposals as the private sector
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  • 105 1 THE executive council of the Singapore Air Transport Workers' Union (Satu) met yesterday morning and decided to bold Mr Pbey Yew Kok's resignation as general secretary of the union in abeyance. Satu's assistant general secretary Mr R Doraisamy, now acting as general secretary, said: "We appreciate the sentiments
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  • Page 1 Advertisements
    • 6 1 IiTIA PRC does it al. f
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    • 44 1 HANDMADE CARPETS FROM CHINA PAKISTAN m rv V' /v fc V?K ■«S* <?*xr TV" y\ r" v I V* t.'BL J? 1 /V^N >V%s2%*Uv .-V V y> y CHINESfi (SHANGHAI) SILK CARPLT CARPET GALLERY Gil Gl5, 11JC KY PLAZA ORCHARD Rl). SINGAPORE Ml *****8:*.
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    • 9 1 Jim mown TV andbaoh SHIPPING TIMES yrr t n
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    • 231 1 L* IB )`%<>*@}[:}"*/!%%];'%-%]$['\!&( 1M i... A SMALL COMPANY PABX WITH BIG COMPANY FEATURES. If your organization Isn't quite ready for a larger Ericsson PABX. or If you're a Dig organization with small branches mat need telephone systems of their own. ASBIOO Is the system to look at. ASBIOO provides standards
      231 words

  • TRADE AND INDUSTRY
    • 470 2  -  JAPANESE TOP THE LIST By CHOO AI LENG THE tourist industry in Singapore continued to achieve good progress with a total of 1,643,856 visitors during the first nine months of this year, a 9.7 per cent jump over the same period last year. However, latest
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    • 168 2 A TECHNOLOGY fair the first of its kind in Singapore will be held at the Singapore Science Centre from Dec 8 to 12. The fair will exhibit projects showing the technical know-how of students of Singapore Polytechnic and Ngee Ann Technical College. It will
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    • 77 2 HUNDREDS of energy executives will be converging in Hongkong in February to attend a conference on Hongkong and the energy development of Southern China. The two-day conference, organised by Petroleum News, South-east Asia with Chase Manhattan Bank and Hongkong United Dockyards, will cover all aspects of energy
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    • 67 2 THE model shown above Is an intricate balltto scale model of Shell Bakom's $339 million hydrocracker complex which is expected to come en-stream is 1981. The model was made la Yokohama by Japoa Gasoline Corporation which Is the design aad engineering contractor for n™ ft I*
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    • 339 2 A CO NT A IN KRIS ED semielectronic switching system is on display at CommunicAsia '79 which opens at Hyatt Hotel today. The four-day exhibition features products of advanced technology in communications by 226 companies from 17 countries. A three-day technical conference will be held in
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    • 210 2 A METACONTA rural telephone exchange that can link villages to cities via satellite, will be shown at CommunicAsia '79 which opens today at the Hyatt Convention Centre. The mobile telephone exchange, specially designed for rural areas, is built into a standard 20-foot container which
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    • 73 2 THE Registry of Vehicles has set Dec 31 as the deadline for the transfer of all taxi licenses. After this date, most taxis will be owner-driven. This means that by next year, only Central Business District taxis can be operated by non-owners. The deadline was set
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    • 107 2 MR W S McDonald, executive vice-president in charge of international banking of the Bank of Nova Scotia arrived in Singapore yesterday for a two-day visit. He was accompanied by Mr Kevin S Rowe, vicepresident and general manager, Pacific region. During their stay here, Mr McDonald and Mr
      107 words
    • 215 2 R J BROWN and Associates (Malaysia) has been awarded a contract by Sarawak Shell to provide detailed design and engineering services for the marine pipeline system which is to transport gas from the central Luconia field in offshore Sarawak to the LNG complex
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    • 42 2 DRIVING schools and driving instructors will have to be licensed by early next year when the Road Traffic (Amendment) Act, 1979, comes into operation. Application forms for these licences are now available at the Registry of Vehicles and driving-test centres.
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    • 325 2 COURSES AND TALKS Dec 6: Effective Report Writing, Hilton Hotel, Consulasia Dec 6-7: Finance for Non-Finan-cial Managers, Hyatt Hotel, Price Waterhouse Dec 10-11: Cost Control for Managers, Hyatt Hotel, Price Waterhouse Dec U: How to Identify and Cope With Organisational Behaviour Problems,SlM Conference Room, Singapore Institute of Management
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  • Page 2 Advertisements
    • 429 2 Invest in money \bur unique chance to own a series of 1980 Olympic coins before prices increase.* Sascorp Pte Ltd, in conjunction with Numinter, Paris, now offer to the public the latest releases in the 1980 Olympic commemorative coin series the 4th Silver series, the sth Gold series and the
      429 words

  • REGIONAL
    • 608 3 Agencies VIETNAMESE Ambassador to Indonesia Tran My yesterday Indicated that President Suharto would visit Hanoi shortly. "We are looking forward (or the most convenient time for the President to pay a visit to Hanoi," the ambassador said after a meeting with the Indonesian leader at
      Agencies  -  608 words
    • 204 3 RELIEF officials said yesterday high level negotiation was going on between the Thai government and relief agencies in an attempt to persuade the Thais to lift a boycott of food and water to a Cambodian encampment on the border. A relief source said
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    • 28 3 Former Premier of India and Congress Party president Mrs Indira Gandhi filing her nomination papers on Monday for the coming parliamentary elections. UP! photo. UPI
      UPI  -  28 words
    • 213 3 Reuter SOVIET and Japanese politicians, scholars and Journalists yesterday opened the first round table conference in Tokyo to help improve sour relations between the two countries. The two-day private meeting took place a day before Prime Minister Masayoshi Ohira leaves for Beijing.
      Reuter  -  213 words
    • THE REGION IN BRIEF
      • 587 3 Agencies THE Philippines and Japan Monday began their sixth round of tax treaty talks since 1968 in the hope of resolving problems of double taxation, officials said. A five-day session has been scheduled to iron out the problem areas which have delayed the conclusion of the discussions.
        Agencies  -  587 words
    • 257 3 UPI JAPANESE electronics makers are enjoying brisk exports of video-tape recorders (VTRs), Finance Ministry figures showed. The VTR was developped in Japan and Japanese makers virtually control world markets. Statistics compiled recently by the Ministry put Japanese VTR exports for the January-October period at 1.305
      UPI  -  257 words
    • 372 3 THE World Food Council (WFC) is seeking the negotiation and conclusion of a new food aid convention guaranteeing at least 10 million tonnes in food aid, WFC president and Philippines Agriculture Minister Arturo Tanco told a world food production conference. The convention would be
      372 words
    • 229 3 Reuter. GRAIN production in Southeast Asia is likely to keep pace with the population growth rate of the region, Mr J Dawson Ahalt, chairman of the US Department of Agriculture's world food and agriculture outlook and situation board said yesterday. He told an international food production
      Reuter.  -  229 words
    • 233 3 AFP INDONESIA will face a bleak future for its rubber market abroad if the government fails to take early steps to overcome it, according to the Indonesian Rubber Exporters' Association (Gapkindo). The main cause of the bad prospect for TnAwuMdan rubber was the
      AFP  -  233 words
    • 41 3 CANADA and Indonesia have signed a loan agreement for the construction of a Lombok high-level diversion irrigation project. The C 512.6 million loan agreement was signed by Foreign Minister Mochtar Kusummatmadja and the Canadian ambassador to Indonesia William Montgomery.
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    • 395 3 FREIGHT rates, coverage of ports and frequency of sailings are among the subjects for discussion at a meeting between the Freight Committee of the Rubber Industry of Malaysia (FCRIM) and the China Ocean Shipping Company (Coeco) in Kuala Lumpur today. A four-member Cosco delegation
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    • 197 3 INDONESIAN authorities have uncovered a ring involved in forging certificates of origin for the export of garments to the Netherlands and other European countries, a spokesman for the Ministry of Trade said in Jakarta. A leading member of the ring, recently arrested, has confessed in preliminary
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    • 107 3 SHELL Oil Company says it expects to clear up an oil spill caused by one of its refineries within a week, the Malaysian Director-General of Environment, Mr STSundram, said. He said: "We don't know what progress they have made in cleaning up the oil
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  • Page 3 Advertisements
    • 87 3 "Never before has there been a drink such as this nor will there ever be again. It (CAMUS) is as mellow and as delightful as the legacy of the Poet Li-Po's genius, which flows through the ages to enthrall and capture us, today." Li-Po (LiTm-po) historically renowned Chinese poet (bom
      87 words

  • RAW MATERIALS
    • 367 4 AFP SPOT raw sugar prices moved to their highest levels in 514 years on the London market on Monday following news that the United States was a step nearer to becoming a full member of the International Sugar Agreement. The spot price rose
      AFP  -  367 words
    • 206 4 THE SUGAR futures market yesterday continued the recent dull and featureless trend with no trades registered, dealers said. Nearby January closed at 16.47/67 US cents against Monday's 16.20/40 close with distant October unchanged at 16.00/10 cents. Sugar futures closing prices: PnvlMß CMag Ctaatag Jan 16.47/67 16.20/40 March 16.85/96
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    • 132 4 THE Chicago Board of Trade soybean futures closed 3V* to IV< US cents a bushel lower on Monday. Traders noted local liquidation of long positions following nervous short-cover-ing last week. They said reverse crushing by an exporter contributed to the easier trend. There was some shortcovering around noon on
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    • 184 4 THE SINGAPORE market closed higher yesterday with December One RSS buyers quoted at 296.25 cents per kilo, up 2.50 cents (ram Monday's close, dealers said. The morning market rose 2.15 cents on firmer London advices, Monday's afterhours steadiness here and some demand for near torwards. The afternoon market was
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    • 309 4 R.A.S. prices in ctnU per kilo yesterday: (per kilo) (per kilo) tot. 1 R-S.S. prompt f.o.b. 3H73 205.75N Int. 1 R.S.S December 35.13 290.25 Int. 1 R.S.S. Jansary 297 75 at.25 im.: R-S.S. au» mjm UK/Com 2K.oo mum Int. 3 R.S.S. MJO 301 CON UK Cont 282.00 *****N
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    • 93 4 NOON S6R and SMR pnco ymt larday ■Aa DIIMI ktr (Cinwl lijaii a HMO xuo MU; SSR 20 SSR50 (1-ton paUat) (I-tan pallet) rihn 988-SON M6JON Hjrtrt 01 *7.60 H4J0 iDtn UPSON mioN MRELB SMR cv SMRL SMRCP SMR 5 SMR 10 SMR SMR SO (1 fan
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    • 38 4 TWK Stratls prise to Peas* rene Mfll per •toil to M«U» ywEriftj, MUM sheve the MnjiMiM Tis AgreeTfcs nnsnrgs wns canned ky aJljlliMtat sf nearby Tmseer rsss MtSC srerMgM. fillistog sf ahMrt U per ent «m
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    • 32 4 Rabber: Dec 4 Singapore: December; 296.25 cents (np ISO cents) Malay sin: December: 295.75 cents (op 3.25 cents) Tin: M 92,130 (np $10) Official offering; 226 tonnes (np 57Vi tonnes)
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    • 185 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Gotten ysrs: China Blue Phoenix 20s 2,320, 32s 2,525, 40s 3,030 (per bale of 400 lbs). Pises gssist China Butterfly and Qobe brand unq; Dragon Head unq; Five Lambs unq; Flower aad Butterfly
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    • 259 4 PRICES were mixed in very quiet and featureless trading at the .Singapore prodace market yesterday. Business done wns Fairly good buying Interest continued to he reported In the coconut oil sector with prices holding from steady to firm. Some copra was reported passing at a few dollars higher
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    • 326 4 SINGAPORE: Yesterdays closing price* in SI per Idlo, ex-godown: THAI WHITE: 100 par cent Drat eta (Kangaroo) MI crop IB IB per CM second du O.SJ. 1M per c«t tMrd dam O.M, 35 per cent new crap mo meek, B-li per cent Ml THAI BROKEN: A-super O.M, Special 057.
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    • 80 4 FUTURES at the Chicago Board of Trade on Monday finished between 6 and 2Vi US cents a bushel lower, closing near the lows for the day. Expectations of large deliveries put pressure on wheat futures as did long liquidation following wide- spread buying last week, traders said. Losses came
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    • 520 4 COPPBj Wirebars ended morning yesterday down E2-5 far cash and £115 far three-months. Pre-market •toady at reflecting dollar but^ >T wrineaT*sttpped back under hedge selling prompted by subsequent downturn In silver. Threemonths traded £1,031 down to £1,021 In pre-market. Influential cash buying and borrowing reflecting yearend considerations taw
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    • 73 4 CI.F. North European ports, In US dollars per ton unless otherwise stated. LONDON: M«« PrtvioM Malaysian 5*V ffa bulk per ton January Sumatra 5 r > ffa bulk Afloat November December January February March May Niceria 5 r ffa bulk BOTTBKDAM: M 655.00alr 630.00pd 640.00pd 650.00pd 660 OOair
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  • ASIAN STOCKS
    • 402 4 TOKYO Source: DBS-Daiwa THE Nikkei Dow-Jones closed at 6487.65 yesterday, up for the tenth consecutive The market displayed a firm undertone and non-fer-rous metal issues posted good gains. Dowa Mining gained Y35 to Y415, and Sumitomo Metal went up Ytt to Y177. As for resources-related issues,
      Source: DBS-Daiwa  -  402 words
    • 220 4 Source: SHK Sec THE market opened en a bouyant note yesterday but succumbed to heavy profittaking in the afternoon, dealers aid. Further tension in the wwMto East the soaring gold price made investors cautious and at one stage some large selling orders wwc seen* Selling was dnmtnsted by local
      Source: SHK Sec  -  220 words
    • 102 4 THE market dated mixed yesterday with minings, commercials and Industrials posting gains while oik declined, dealers aid. Turnover fell sharply to S.S7 million pons from 19.11 million on MondayAdas Coo B, Baguio Gold, ornguet ujo o, wannfluqup B, Philex B, Pogei, First PhU Holdings and San kfiPei B firmed
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    • 152 4 DEC M Baht* AHa Cntt m +l Asia run l«a uncb AMkin la*. AndTrust m troch Bangkok Investment Bangkok Bank SM "ZfSJ*- Pt 'rt' Insurance Bangkok IMroPoUtan Ban m +1 Bangkok Vytaa Bank Of AM 1M -X Bank Of Aywdbaja Ltd Bata Bern J ucker Carpet InterNattoaal Cbaroong Thai
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    • 345 4 RECORD bullion prices on international markets led to demand for major gold producers yesterday and Central Norseman roae to a record Ugh of Af9.50, up $1.00 on Monday's close, brokers said. Some profit-taking was evident at the higher levels thoughout the market, pulling tome leading stocks back slightly, but
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    • 37 4 FINANCIAL TIMES INDUSTRIALS Monday 411& rrkMjr 430.7 Week Ago 407.1 DOW JONM AVKRAOB INDUSTRIALS MaotHy MM Prtdajr OUt Wert «f» «M.7S Monday "KIM nun SYDNEY INDUSTRIALS Tftur— MM Waekajo ALLpUMNAim HMM 527.10 Tliaiilajr iiwilay S?5
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  • Page 4 Advertisements

  • OVERSEAS
    • 547 5 Reuter. MRS MARGARET Thatcher's Conservative government steps into the most dangerous minefield of British politics this week. It is publishing legislation which proposes curbs on abuses of power by the trade unions. The Last time that a Conservative government attempted to do this, between 1971
      Reuter.  -  547 words
    • 37 5 Pilgrims kissing the Kaaba, part «f the ritnal cf wership, m the Sand! antheritftes clean the mosqne and erase the traces ef the attack carried ent by Muslim dissidents. UPI phete. UPI photo
      UPI photo  -  37 words
    • 111 5 Reuter THE UNITED States on Monday expressed satisfaction with the results of international radio planning talks in Geneva. But it gave notice that it might defy a decision turning down a big increase in broadcasting allocation. A strong US delegation came to the 10-week World
      Reuter  -  111 words
    • 788 5 ARRIVALS Service Local Operator Number Time From TMA TL375 0630 BEY/DXB/KUL MAS MH601 0700 KUL MAS MH682 0710 KCH SLA SQ101 0900 KUL MAS MH621 0920 PEN MAS MH607 0845 KUL RBA BI421 0930 BWN MAS MH671 0945 PEN/KUL S1A SQ2I1 1000 HLP CPA CX710 1005 HLP
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    • 401 5 Reuter PRESIDENT Carter, enjoying widespread popular support for his handling of the crisis in Iran, planned to declare that be would stand for re-election next year. His formal announcement will confirm what has long been known that Mr Carter will reply heavily on his
      Reuter  -  401 words
    • 282 5 AFP THE international steel trade war will resume shortly following threats by the United States Steel Company to renew dumping complaints against its Japanese and European competitors, trade sources said Monday. The American difficulties, illustrated by the recent decision of US Steel,
      AFP  -  282 words
    • 492 5 Reuter ZIMBABWE-Rhodesia is poised to return to British control within a matter of days. British Foreign Secretary Lord Carrington said yesterday an independence constitution would be enacted within the next few days and he gave the Patriotic Front guerrillas until then to accept his
      Reuter  -  492 words
    • 249 5 AP US Senators seeking an immediate lifting of economic sanctions against Zimbabwe-Rhodesia recently approved a compromise which will retain the trade embargo while the African nation moves to create a black-majority government. Senator Jesse Helms, the Senate's most vocal advocate of ending the sanctions, joined in
      AP  -  249 words
    • 164 5 AP THE European Economic Commission (EEC), yesterday announced it will slap provisional anti-dumping duties on some US synthetic fibers on Tuesday. Only one US producer is involved the American Cyanamid Co. The commission said its exports of discontinuous acrylic fiber would be subject to
      AP  -  164 words
    • WORLD IN BRIEF
      • 413 5 Agencies PRIME Minister Joe Clark said on Monday he is prepared to consider making Pawxtian oil available to cover shortages in the US and in international trade this winter as a result of the boycotting of Iranian oil. Pressed in the House of Commons to take firm
        Agencies  -  413 words
  • Page 5 Advertisements

  • 390 6 NOBODY disagrees with the contention that the country needs a well integrated trading company to help boost domestic exports. There are few companies here which are in any position to export as widely as would be desired and even fewer companies which can claim to be
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  • 441 6 THE WORLD is watching, helplessly, while a group of religious fanatics play out their drama with an estimated 47 lives at stake. At another time, the Americans might have sent in their troops but such a course is not recommended now that the students in Teheran
    441 words
  • 881 6  -  NZ-Australia trading ties By KEITH OVENDEN MR DOUG ANTHONY, the Australian Deputy Prime Minister, remarked during a visit to Wellington early this year that the basis for negotiating a liberalisation of trade between Australia and New Zealand had grown cumbersome and awkward. The relationship, he said, needed
    881 words
  • 779 6  -  India's ruling Lok Dal seems to disregard Mr Morarji Desai's anti-alcoholic campaign. But until the new government assumes office, the tippler will have to endure the problems of getting a drink, reports M G SRINATH M G SRINATH UPI THE TIDE is turning for Indian drinkers in
    UPI  -  779 words
  • Page 6 Advertisements
    • 66 6 [RICARD France's favourite bedtime snack. ..•'Ku.iu: uiOil-'V vi .1 V'h':! 'o.rh ktiou nl; tmxi Ki> 1 h dwp!\ m\ -rcruni .j'lisc it i\ i i:ill.itc- the p.ila-i' S: is;t* pa-. K lafilwirh ir> -a !»v>h orange 01 Hi:.- Lnson -\ik! the I 'ciKh f:.i\c kit. \ir. jn,' K.VII mi'iNini! out?
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  • Page 6 Miscellaneous
    • 1101 6 Those awkward questions 2 x 3 > 3 X *rr 35 rrm m pMpb all m aMther per- Mka. Iryu mi kiN at tba mm ti nilMir VI llMiv htwili SINGAPORE 5 3.00 PM Opening Mowed by Pteau 7.00 Wdsworid Denl Eat The Daisies Just For 7.30 News and Newsreei
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  • 1883 7  -  Recession has struck swiftly and hard at the US car industry, reports, lAN HARGREAVES. IAN HARGREAVES FT THE US CAR Industry is in recession. That fact has emerged suddenly at a moment when economic analysts are still disputing whether the US economy as a whole has started its
    FT; BT CHART by Alan Chen  -  1,883 words
  • 1202 7  -  WORLD BANKING SYSTEM IN DANGER The "money war" between America and Iran is fulfilling some of the worst fears of the international banking community. The effects of a war of nerves with billions of dollars at stake are gathering momentum with frightening possibilities, reports JOHN EVANS.
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  • 744 7  -  FORUM with PETER HASTINGS NYT NEW Caledonia, cigarshaped and rugged, and its more luxuriant offshore islands, reminded its discoverer, Captain Cook, of parts of Scotland (which the Romans knew as Caledonia). Its capital, Noumea, is a southwest Pacific tourist haunt, slightly off the beaten track. Its somewhat
    NYT  -  744 words
  • Page 7 Advertisements
    • 188 7 THE FIRST INTERNATIONAL RUBBER AND PLASTICS EXHIBITION FOR ASIA WORLD TRADE CENTRE, SINGAPORE. 26-30 MAY 1980. Every yeer, thousands of new rubber and plastic products enter the market. Whether for use in industry or the home, every product reflects some new development in engineering or marketing expertise. If you're involved
      188 words
  • Page 7 Miscellaneous

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 177 8 DEC 03 ru ABN Jl« 50 -Li AhoM lut iOJ Akin M.10 -OS AMEV 16-50 03 AmlU *****0 05 Amro Bank 86 10 -0.4 Sift 1 tuo 9U0 -0.5 -0.1 IS JO Borjumlj las oo -1 Burftmann M00 4-1 Byenkorf lino -L2 Calve Drift IMJO -13 Dell Ml) mo
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      • 268 8 DEC 03 Frs CORBEILLE Air-Liquul* B 8 N Oervals Danone CSF (Thomson Csf) Cle Francalse des Petroies Compatnte ClnutMR Cooipacnie Oncnlt Credit Foocier «7 K3 435JO 297JO 336 472-50 -a -17 -«J -7.1 -i Hachette (Libralrle) Machines Bull Michel In (B) Paribas Pechlney Clflne Kuhlmann Peufeot Philip* (Nv Oem
        268 words
      • 93 8 DEC 03 FT» FORWARD MARKET Aftf 333 uneb Arbed 2125 -45 Astur 405 -S BrtiCAi) 31J -s Bru-Lunb 1535 040 25 -30 Cock Ml •4 D« Beers 386 it Ebes 2100 -IS Electrobel «B0 SO Ob-Inno-Bm MOO J5 Of* 1000 M Hobok 3005 30 Petto 5440 -30 Ryl Dutch
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      • 124 8 DEC 03 Dm Aef-Tetefunken 38 00 03 AkJo 22J0 -0-2 AUt Lebrn «M0 unch A1U Vera 480 00 -S BASF 141.10 0.1 Bay H T Wbtnk ***** -u MS pi IWIH p iff nil nil I P •.1 OJ •1 •LS -15 OJ OJ unch 1 4 unch -U
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      • 173 8 Alusutsae Rag. Brown Bonn Br. CUM Oelgj Br. Clba Otigy P C Clba Octn Rm Credit Suuh Br Credit BuMat Rtf Elektrowatt Br George Ftaeher Br Globus Pc «n IK ISO m -10 ♦s ♦j •inch zm oo 2110 ■m «K 25 unch unch unch M»™ Or WO Hoftman
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      • 87 8 Ante Anoc Oen Butoci Central* Flat 0.T Ut w an tn m 1 no -4 -I 0 -I >0 -1 1» 10 6 0 Finiidtr Ocn lmmot> 10 •4 lS in Prt ZH -5 lUJccmenu in 00 to t lUlcmj 723 4 I1M! B .15 -I ■4 JS Marcllt
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      • 178 8 DEC 03 C» AblUtM US unci) itonni M a21'• -S s Betfi Corp bp can Ltd Bnactn 21'« MBCb Oap Red Lake Can Imp Bk m\ Ms IN Canpac s Canpac ln» Pt Cartlnc OTCeefe Coanmeo r. «S'J Con« Bath Com Mart* nor 13 2V -s n*nk^ Denlaon nfB
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      • 319 8 DEC «3 Rand INDUSTRIALS A Alpha no 10 Abercom AE And CI ns sis 5 ft AHIC Bar lows 1 MO 7WHJ fc •ft Cf Sugar CNA Curtte Finance Dt Dtgra In<3 MO 330B 130 30 5 unch 1(00 Edeon Ed fan Eve read* r*d Volt MOB 3600 -90
        319 words
  • Page 8 Advertisements
    • 136 8 Where to wine, dine and entertain Delectable local dishes and Western lunches set in damtdy stylish Scandinavian decor. Popular SELF-SERVICE lunch daily. jJ9| From 10.30 am to 3.00pm and snacks from 3.00pm spm You've got to try it to believe! Fabulous harbour view 4c O%RRffIMA Sentosa Isle beyond. Apollo EntarpriaM
      136 words
    • 191 8 ror banquets For conrentu >ns For other functions of flawless finesse ><> Ims ,'S'() s; s .j, v t p f| '.v N; M <,v <>! uui i 1 "s.W;; i iin>»• /> s/ j, J k<H> 111 ll~> I *l|l*k S| H 1111 l II I »iil l| Hill'
      191 words
    • 66 8 ^]*<;|`_=+/^<)-?$$/;>|'|!@}&=$< d Si imesc i food >* n T\ i? w A# i UfHUli noli :2^ c El i T r» £«M 14* < li .r\ Ml House bt I r;.ius'- »M 24 hours service Kings Coffee House Celebrate your engogement, wedding, birthdoy or any olto* fecial occasion wHh apeciality
      66 words
    • 59 8 LUNCH AT Xri S,t. o '*<: v r ru; '>jc v He Pr net: Also o icious seieui »r. i in l SiJ' 11 specialities st^vsc n, Hll>TO\ ISTJ HSATK>\*(< SIM. AIM mt iIH pabsons JiasGan* 1 i IT M fM# [ID „*v i.> A** > G Fo/ 'sumptions local
      59 words
    • 212 8 i < Imi* Merlin's New Coffee House Delicious drinks and beverages, scrumptious savouries and snacks, and authentic oriental delights are yours to enjoy at Merlin's new Coffee House. The decor is stylishly cool and the atmosphere cheerfully casual, which, together with the fine food, make Merlin's new Coffee House a
      212 words

  • BANKING AND FINANCE
    • 574 9  -  By LEE YOKE MENG FINANCE companks appear to be diversifying their fundi into more 'active' avenues such as investments and loans and advances rather than in the form of interbank or interfinancial deposits. Monetary Authority of Singapore (MAS) statistics based on 34 finance companies
      574 words
    • MONEY AND EXCHANGE$
      • 431 9 THE foreign exchange market was very active yesterday, with the US dollar closing slightly firmer against the Deutschemark and the pound. Opening at U5J2.2150/70, sterling eased in the afternoon to 2.2100/10 and fell sharply to a low of 2.1940/50 before recovering to close at 2.1985/95. The mark opened
        431 words
      • 178 9 Asian rates ASIAN currency deposit Interbank rates as at close on Dec 4: 7 days 1 month 2 months 3 months 6 months 0 months 12 months USIMUnKSpl) 14 3/16 141/16 14H 14W 1411/*****/16 14V, 14H 14 9/16 14 7/16 13H 13W 13". 13 Vk SwFro. DM. (MMIk Prtem) 1
        178 words
      • 22 9 THE average rate at which major Singapore bank* are currently prepared to lend to. their beat customers ia 9.2 per cent.
        22 words
      • 49 9 sred by i count houees on Dec 4: n.im ii 1 ulii e i f z wcrnipn 5Viv% Call depoaits 5** CtMk Bu* if 8«lUac 3-month Treasury bills 511/1 3 month e 50/16 Bank bills 8H aw 3 months CO 8B/1S 87/16 6 88/16 Source: National Discount Co
        49 words
      • 56 9 AUSTRALIA/NZ exchange quotes oo Dec 4: US dollar 1.1000/1.0962 Sterling 0.4999/0.49® Ninety-day air mail buying rates: Sterling 0.5253 US dollar 1.1527 Ninety-day forward buying rates: Sterling 0.5006 US dollar —1.1128 NEW ZEALAND Reserve bank midrate: US dollar 0.9801 Trading bank indications Sterling 0.4449/0.4419 US dollar 0.9851/0.9751 Ninety-day airmail buying
        56 words
      • 178 9 THE US dollar for overnight delivery closed sharply weaker at 247.70 yen yesterday, compared with a 249.30 opening and 248.90 at Monday's close, dealers said. Trading was moderate with volume amounting to $712 million. No central bank intervention was detected. The US dollar, opening higher, fell sharply on increased
        178 words
      • 41 9 FRANKFURT exchange opening quotes on Dec 4: US 1 7080 90 Sterling 3.775/785 Can —1.4640/57 D F1 89.91/002 S FY —108.77/901 Lit 2.116/9 F FY <2.47/52 N Kr 34.96/500 B FY (Cob) 6.119/27 B FY (Fin) 6.012/022 Yen 0 6894/906
        41 words
      • 1195 9 NEW YORK MINING and selected oil stocks advanced but the stock market on Monday moved lower overall as concern about Mid-East tensions continued to sap its strength. Analysts noted the dollar was sharply lower and gold prices surged from last Friday's levels on lfld-East concern as
        1,195 words
      • 401 9 THE SINGAPORE gold futures market yesterday turned easier on profit-tak-ing after a firmer opening, but price* closed higher on balance compared with Monday's close, dealers said. Trading was active and turnover rose to 625 lots from 514 overnight with activity mainly on January, February and April contracts, they said.
        401 words
      • 201 9 THE US dollar recovered from early lows against ma)or currencies on profittaking in moderately active trading yesterday, dealers said. The US currency rose to a late 1.7075/80 marks as European banks sold marks for dollars, after trading at a 1.7020 morning low and compared with New York's 1.7085/96 close
        201 words
      • 259 9 THE US dollar was generally firmer at the opening yesterday following the overnight decline and higher Eurodollar deposit rates yesterday morniiw, dealers said. The dollar opened at 1.7083/ M marks, after a late 1.7075/80 in Hongkong, and a low in at about 1.7090. In subsequent dealings, it row further
        259 words
    • 179 9 THE Singapore branch of Mitsui Bank b taming US$2O mllHnw negotiable floating rate certificates of deposit (FRCDs) that will mature on Dec 1982. An agreement was signed yesterday between luteal Bank and the managers, Singapore Nomura Merchant Ranking Ltd lit the Hongkong-baaed Mitsui Finance Aria Ltd. Priced
      179 words
    • 966 9 NYT A LEADING US bank on Monday filed a writ taking the London High Court to uphold Its right to block deposits is Britain of Bank Markaxi, the Iranian central bank. Citibank said it wanted an early court ruling to resolve the legal problems taring
      NYT  -  966 words
  • Page 9 Advertisements
    • 240 9 I I CHIEF EXECUTIVE OFFICER m (URA i 183, 84, and 86), invite applications from SL snt residents for the ultimate position of am o< the Group's subsidiary companies L Hie Chief Executive will assume respos at of the Marina Centre. ibie for for the The succearful rsnrtidate is expected
      240 words

  • 1345 10 BUSINESS DONE ON THE SES THE ELSE BID and otter prices officially Mated and bmbum In and reported to the Stock Exchange ot Singapore yesterday with the number at shares traded shown hi brackets in lota of 1,000 unlta unleas otherwise specified. SECTION ONE INDUSTRIAL ft COMMERCIAL Acs a (2J8B)
    1,345 words
  • 138 10 ■MUTM uiiNirnu ■T zd prtewfcr Dm >») DVOOMK BON DUNIT MallavHtFu nd 132 LM (CtaMtpriM) Ma] Prof Fun. 1 1.30 1* 1 nconie Band Lit LS M*1 Security 1 IS Lit M*lBer*y»F "und Lit LM muniMD (Mi iHin' prtcw pnu > tar Dm t) W> 1 UNIT RUT
    138 words
  • 2676 10 Gr*s Gr's Net 1»7» Company Last Div Div YTd P/E Vol Day High Low Sale +or- Ctt ("OOO) X Low SECTION ONE INDUSTRIAL COMMERCIAL Ml 207 Acma 230 15.0 22 64 11.7 196 123* Alcom 198 10.0 1.3 11 26.1 148 •no Allied Choc 130 +7 13
    2,676 words
  • 1390 10 BID aad offer prices nwiriaiiy listed and hnetnem in aad reported to the Kuala Lumpur Stock Exchange yesterday with the number at 9harea traded riwwn In bracked la lota at LOW unit* unlem otherwlae specified. INDUmiALB km (1309 1318) Akmm (1.975) (1) IJS A Ckat (1MB) AMD
    1,390 words
  • 145 10 UNITED Motor Worts (M) Bolings MM: BOGM to be held at Jalan Utss, Batu Tigs Industrial Estate, Shah Alam, Selangor, today at lOJOam. Pa bile Textile III: BOGM to be held at Tangag Room, Hotel Merlin, A, Farounar Street. Pensng, at 12 noon on Dec 11. VrnMha (M)
    145 words
  • 614 10 A SLIGHT tarm4toa la tread «u nM ea the Bteck lTiit>ni af Bli|»> par* yorttfi*) m IMB paased br kreather la Wpßf with a Mftcr jkMgfcMl Mrktt la the Maat'sf the Mewi teen whtohhMta the pftttoy east gnoi m ftiflitlw wii'rt, la tor bmm
    614 words
  • 517 10 TRACES of easiness crept onto the Kuala Lumpur stock market yesterday as overnight buying support tailed to be sustained. The market obviously lacked strength and in the absence of fresh incentives, trading resumed an erratic and indecisive pattern. Prices, after a steady opening, were quietly
    517 words

  • COMPANY NEWS
    • 851 11  -  By CHAN BONG SOO FOR THE BEST part of November, there was a singular lack of breath in the Singapore stock market as investors generally held themselves back in the face of growing uncertainties both on the political and economic fronts. Compared with the
      851 words
    • 479 11 Curreat Payment Ex Date Books Close Date Total for Total for Payable the year Previous year Syn Resins Cold Store Glenealy K G Flour Rah Hyd Toshiba PM Hides C Sugar* lal Pea U I C F Merlia Sup Corp PM R I Inchcape Metal Box Bbd Inchcape
      479 words
    • 110 11 Company Particulars Ex Data Books Closa Pub Text M U lad SEA Corp Temerlon Shangri-La Bonus Issue of 1 for 4 Bonus Issue of 4 for 5 Bonus Issue of lfor 1 Bonus Issue of 1 for 1 Bonus Issue of one for five Dec 5 Dec 11
      110 words
    • 226 11 Date Li ut Pali Yea r Cmpuy Ported Am—ted Net EPS Gross Pre-tax last year (eeate) Div. <%) it m ntnt irm) Kg Lanjut I 5/12 12.9 14.3 851 Kamunting Tin I 5/12 29.5 95.0 2,550 K Kampar Tin I 5/12 35.3 40.0 1,469 Aokam F 7/12 36.8
      226 words
    • 305 11 BERJAYA Kawat appears all geared up to carve new record levels in sales and profits for the current year, judging by the strength of its strong profit showing at the half-way mark to Oct 31, 1979 which is a continuation of last year's bumper
      305 words
    • 374 11 MALAYAN Credit Ltd: Unaudited group after tax loss 1912,000 (profit 12.07 million) for six months ended Sep 30, on turnover 16.33 million (17.07 million). Parent company after tax profit 12.80 million (profit 1179,000), on turnover $7.19 million (1750,000). The company anticipated the group will operate profitably during the
      374 words
    • 595 11 by HOCK LOCK SIEW AFTER WHAT SEEMS an infinity of neglect, shareholders of Veneer Products have been invited to an extraordinary general meeting on Dec 20 to consider the acquisition of a piece of land from the Urban Redevelopment Authority for development of a
      by HOCK LOCK SIEW  -  595 words
  • Page 11 Advertisements
    • 317 11 ACTION! Action speaks louder than words The November issue of Singapore Business 'ucks at some areas where there has been a lot of talk Will the action oe forthcoming 9 Testing Japan's Sincerity: The Japanese have expressed time and again their desire to help the Asean countries aevelop Will they
      317 words

  • 123 12 AN ex-company executive director, Lionel Alfred Mordant, 41, yesterday denied 12 charges in a magistrate's court of attempting to cheat his former employer, Optorg Co Pte Ltd, of a total of $1.6 million. The money, in 12 bills of exchange, was allegedly accepted by
    123 words
  • 527 12 AS A result of the Malaysian government's decision to adopt Unctad's 40-10-20 cargo-sharing scheme, the national line, Malaysian International Shipping Corporation (MISC), will increase its present deadweight tonnage from 1.3 million tons to 3 million, Prime Minister Hussein Onn said yesterday. He said although
    527 words
  • 531 12 Agencies. IRAN'S Economics and Finance Minister Abolhassan Bani-Sadr said Iran was contemplating further reductions in its oil output. Speaking to a rally outside the student occupied US Embassy in Teheran, Mr Bani-Sadr said the Shah's regime produced more than six million barrels
    Agencies.  -  531 words
  • 800 12 LONDON, Tuek. Share prices ckwed higher following the remarks by Miners Union president Joe Gormley that he did not expect a national miners strike over their pay claim, dealers said. At 3 pm the FT index was up 4.8 at 423.3. Equity leaders were up to 7p higher
    800 words
  • 261 12 MALAYSIAN Primary Industries Minister Datuk Leong Khee Seong yesterday urged organisations in the public and private sectors to cooperate with the Palm Oil Research Institute of Malaysia (Porim) to make it fully operational as soon as possible. The expected doubling
    261 words
  • 29 12 Thaltad's King Bhamibol Adniyadej sainting Us tmps en Monday daring the ceremonial K!®! s guards, lie uiul event coincides with His Majesty's birthday today. AP photo
    AP photo  -  29 words
  • 248 12 AP AT LEAST 17 synthetic fibre factories were closed in Western Europe in recent years as big companies transferred production to communist Eastern Europe, the International Federation of Chemical, Energy (ICEF) and General Workers Unions said Monday. And more production facilities and job 6 may be threatened as
    AP  -  248 words
  • 127 12 AFP ALMOST one million hectares of forestry concession holdings in Riau Province have been transferred to the hands of Malaysian and Singaporean businessmen by the original Indonesian concessionaires, Kompas Daily reported yesterday. The concession areas have been turned over to these businessmen either on a working-contract basis
    AFP  -  127 words
  • 67 12 UPI A WORLD-wide search began this week to repay US$7 million (5514.7 million) to the owners of 220,000 shares of preferred stock in the Old Shanghai Power Co as the result of an expropriation settlement. Shanghai Power Co was once one of the largest American companies
    UPI  -  67 words
  • Page 12 Advertisements
    • 233 12 Richard Ellis C H Williams (Pte) Ltd Industrial Industrial site at Sungei Pandan, West Coast Road. Suitable for heavy industry. LAND c--216m (708 ft.) The property comprises several industrial and storage buildings with related modern offices, canteen and staff amenities. Infrastructure includes jetty, PUB substation, bin centre, perimeter fencing and
      233 words
    • 1 12 LM*ff...p«ge
      1 words
    • 242 12 ENERGY SAVING <*V V <» I £> I*'y V #^'«l *>"r* /4m to tan r Jfr SIS T?j>"Ti* f l NThere was a time when all refrigerators were made the same way. Not any more! The new Amana 2 2Vz refrigerators are specially constructed with 2Vi n foam insulation around
      242 words
  • Page 12 Miscellaneous
    • 62 12 j Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in many places. Report for U Min prfer to 7J pan. m Dee 4 at the airpert Maximum temperature 26.5 Associated humidity 86 Minimum temperature 22.0 Associated humidity 96 Hours of sunshine Nil Rainfall in millimetres 5.0 Total
      62 words

  • SHIPPING TIMES
    • PORTSIDES
      • 94 13 Reuter THE NATIONAL Iranian Tanker company has paid nearly US$5 million as 20 per cent of the cost of a 70,000 dwt oil tanker launched last week. Mitsubishi Heavy Industries, builder of the tanker, M. Bassiri, due to be delivered by March 1980, is the second of two
        Reuter  -  94 words
      • 61 13 Reuter SPANISH Trade Minister Jose Antonio Garcia Diez will sign a US$2OO million contract to supply Poland with four container ships. The four roll-on/roll-off ships, worth $50 million each, will be supplied by the Spanish shipyard company Astilleros Espanoles and built at the southern Spanish port of
        Reuter  -  61 words
      • 45 13 Reuter THE KOREA Shipbuilding and Engineering Corporation (KSEC) will build five crude carriers, worth US$lOl million for Ecuador's state-owned oil firm Flota Petrolera Ecuatoqana. The tankers, one 20,000-ton, three 30,000-ton, and another 50,000-ton, will be delivered between April and October 1981. Reuter.
        Reuter  -  45 words
      • 48 13 Reuter THE FESCO Australia Line said it will raise the currency adjustment factor on its services from the US east coast, Gulf ports, inland points (Chicago) and west coast to Australia to 3 per cent from the current one per cent, effective Jan 1,1980. Reuter.
        Reuter  -  48 words
    • 430 13  -  By RAHIM KASSIM THE COMBINATION of the Nigerian government's cargo-inspection scheme and rigid import restrictions may have eliminated port congestions but it has also led to an increase in smuggling and illegal trading activities. Nigerian traders have mapped out a strategy to bring in banned
      430 words
    • 601 13 Shtppiag Um Page Cd Adriatic IV 5 Afea VI 3 Alfred CT vra 1 Alfred CTS IV 5 All trans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 APL in 4/5 Argentice IV 4 Arya Nat vm 1 ASCL m 1 Asia America IV
      601 words
    • 829 14 AFP SOVIET enquiry to move grain and sugar was the dominant feature on the London freight market last week, but, nevertheless, rates fell again from recent record levels. Chinese interest was also evident towards the end of the week. Soviet needs were said to be very
      AFP  -  829 words
    • 971 14 RECEIVING OF EXPORT FCL (CONTAINERS AND LCLfCARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent and Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following periods.
      971 words
    • 1380 14 GRAIN chartering was slow on Monday but a cargo was fixed from Northern range to Constanza at U5?28.50 dlrs (fio) for mid-December and 62,100 long tons from Mississippi River to Holland at $1 million (fio) for December. In sugar section, a cargo was fixed from the Continent to
      1,380 words
    • 871 15 LOOKING FORWARD WITH OPTIMISM NEW YORK-hased Seatrain Lines' luckless venture into shipbuilding produced losses of US$67 million (about SJI47 million) in the last five years, chairman Mr Joseph Kahn disclosed in the annual report. The catalogue of woes over the decade of operation culminated in
      871 words
    • Article, Illustration
      466 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Canshan (after Dong Min) 40/41 Centaur (1400 after Khabarovsk) 1/2 Curtea De Arges (0630) 25/ 26 Dove (after Palm Sea Horse) 13/14 Galich (0630 hauls) 28 Gold Stream (0600/ 18 King River (0600) 27 Lumut (1700) 21 Minetaka Maru (1900) 38/39 Ngan
      466 words
    • 4316 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
      4,316 words
    • 167 20 Reuter NORWEGIAN shippiag ffrfsct rpcwitly y tke ne of flags of eoaveaMr A tie Jehan, vicepresideat of the Norwegian Shipowners' Association, and Mr Per Martia Oelberg, state secretary of the Norwegiaa Chamber of Commerce, criticised Westera coaatries, aotably West Germany aad the 118, whs
      Reuter  -  167 words
    • 121 20 Reuter POOR shipbuilding has caused late delivery af all 47 ships heaght by the US Navy aver the last fear years, a US Caagressman said. Les As pin, a Wlscaasia Democrat, said that a cemparbea af actaal deliveries aad dates called far la shipbuilder contracts
      Reuter  -  121 words
    • 505 20 Berita PSA. THE IMPROVEMENT in the level of service in a developing port will largely depend on the sensitiveness of both the port manager and the port user. A port manager must be sensitive to the needs of the port user
      Berita PSA.  -  505 words
    • 404 20 SHIPYARD Basic Safety mad Health TrtUig Caane Nov 23 to Dec 21, Singapore. Organised by the National Productivity Board in conjunction with the Ministry of Labour. Mooriag Large Skips Dec 5, London. Organised by the Nautical Institute at the Waldorf Hotel, Aldwych. Asiaa Traasport: looking late The Patare
      404 words
    • 241 20 AP CHEEKS and streamers filled the air as hundreds of people turned out to bid farewell to the Oriana, one of the last of the world's luxury ocean liners. After 25 years, P and O Steam NJkgation Company of Londofjs dropping Vancouver as£ port of
      AP  -  241 words
    • 100 20 Reuter JAPANESE construction company, Penta-Ocean, has signed a contract worth MJ6O million for the expansion of Tawau port in the East Malaysian state of Sabah The World Bank has given 530 million and the rest of the fund will be borne by the Sabah Ports
      Reuter  -  100 words
    • 1393 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 Ceatalaer Container Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK/PN). Alfred C. Taepler Intermodal (S) Marintex Enterprise (PK). Alfred C. Taepler Schlffahrt
      1,393 words
  • Page 13 Advertisements
    • 380 13 I:\vivtf Lines rot TNI MOST RIIQUIMT SAILINGS TO lAN6KOK HONGKONG •JAPAN fUSAM Ev«r«tt UN—Wp Corpn. 8/A C V«9apo»e 1 'r* >6 B»oc* 34 >0) OCIC »*9 J Po» «w>"Q Ag»ot VOCSHIP CO •HO T* H772T j \RI >i i AN I AH m, 0 Orient Overseas ConbuM&i Line mm l*r,
      380 words
    • 346 13 SEALORD UJ ANTAf 1 H m UASC UNITED ARAB SHIPPING CO (SAG) WEEKLY MULTI PURPOSE SERVICES loading for Kuwait (20/12), Shuiba (23/12). Damnum (26/12). Doha (29/12), Abu Dhabi (1/1). Dubai (3/1) Mina Qaboos (29/12), Dubai (1/1), Doha (3/1), Dammam (6/1), Kuwait (10/1) FULLY CONTAINERISED SERVICE S pore Loading for WATTYAH
      346 words
    • 336 13 NOL NEPTUNE ORIENT UNES LTD FAR [AST EUROPE FULLY CONTAINfRISED SERVICE C COWTAHR-. II Ok 19 Ok t ton 71m ten 10 tan tl ten 14 ton 25 Ok 26 Ok 13 ton 14 tan 15 ton 17 ton II ton 21 Im COWL 31m 41m 201 m 21 1m
      336 words
    • 682 13 AFEA LINE REGULAR SEMI CONTAINER EXPRESS SERVICE DIRECTtO LAGOS-APAPA Soo PageVl Column 3 for Sailings Aq. 'ii. Sl\C. At OLU SHIPPING AGfc \CIE SPI E LTD WA^K[ r 9111.'? r, tNf KAI *****1 <\ V d t UHO ASIA l l\[ sns 3MO K I 4?964 f K t AftiO
      682 words

  • Page 14 Advertisements
    • 592 14 LEO SHIPPING PTE LID SINGAPORE PERNAS-MISC ly SHIPPING AGENCIES SDN. BERHAD. P KEIANG PENANG L MALAYSIAN INTERNATIONAL SHPHNG CORPORATION BERHAD XPRESS FULLY CONTAINERISED SERVICE WEST BOW): Feeder 'PKelang Vessel Spore 1) Msefes 2) Mam 3) Htxirg 4) G&irg B MKl* 8/12 SUANOU 11/12 26/12 30/12 1/1 3/1 B PENAGA 15/12
      592 words
    • 217 14 SUPERCARRIER SERVICE WEEKLY SERVICE FROM US ATLANTIC/GULF AND E. CANADA TM M TOM IDT TSMiran 9/12 19/1? N/1? 27/12 rati kssoj bin it m i WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA «/2 31/1 •29/1 •14/2 •29/2 Wi KSSU ntm M WiaMM. SOMNM 47 SINGAPORE CAUFORNIA EXPRESB
      217 words

  • Page 15 Advertisements
    • 843 15 Overseas Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAROSHP «P TO IK/COMMENT: Literpeel Bay Aitano Mara Tokyo Bay Tekie Eiprns Cartf(an Bay Kmtanßay Eke Ham cqntamrshp serwce from uk/cqnticit: H'Cmh Bra* It dam U Hint OrrflAtai SjM SM MM sm Containership
      843 words
    • 634 15 I E Franco Belgian Services r f-dst frt'ticft Service u i!f: B< hjiari K<ir Ki'.shrn I.iv.es SHGAPOIK PRE LANG l« H»»re Rdam 41 bur| Bretn hM kM 22 DK 230k 290k 310K 90k MDk itm Jim II Jw Ilia 110k 19 Dk Sim 7Ma 11 Im 11 Im 25 Ok
      634 words

  • Page 16 Advertisements
    • 687 16 FULLY CONTMKMB) TO BMPE T«tr*Ba? M Eapmi Carina* Bar OfitlMn Knap Mm KM*MI Itf EXPKSS CQMDmOML TO EMK i'pmt PJeianf P* mm Smm lfW| Bl—t It dun Ante* Mnafctwi 9/1? 11/12 31/1 17/1 15/1 11/1 9/1 Ntv fcduwn 23/12 25/12 20/1 13/1 31/1 21/1 2VI 23/1 Etta KckMrs 7/1 8/1
      687 words
    • 495 16 WEST KM—> FAR EAST/MP STORE PILAK +BBWA (1979) k Pert BEL MKS <1979) 17 DK 29 OK BECHAR (1979) 29 Dk 31 DK UMOMEFOt May/Seta/VOnda/T«fc/ a/Sate/WMda/Ta*/ a/Sata/ValeKia/Twfe/ +BOWA (1971) 45 Im IVM J» Kafce/VafcalM«B/Tefcfe BHRA (1979) 11 Fafc 13/14 Fafc Kaha/Yaftainn/Takya Ml VESSELS ACCEPTMG Fa CONTAMERS FOR JAPANESE PORTS Huvy
      495 words
    • 308 16 EVERGREEN LINE f AR E AST FIJROPI f XPRfSS fUll CONTAIN! R SIR VIiJE ACCEPTMG CARGO FOIt HAMBURG. FELIXSTOWE. ROTTERDAM. ANTMRP. LI HAVRE ALSO ACCEPTMG CARGO FOIt UMTEO KMGOOM SOUTHAMPTON. LONDON MANCHESTER. BMMHGHAM, BRISTOL. LIVERPOOL GLASGOW. LEEDS WEST GERMANY HOLLAND AABTERDAM fpM Na 1 i sssr rtm MataK Mia Mlk
      308 words
    • 682 16 Everett Lines Bwm Fivf Star Shipfiai Corpn. "BURMESE NATIONAL LINE" LOMNN6 FOR RANGOON rsm PJMhi Nmh hM/iDM rm N mtf) *••7/10 Ok 11/14 Ok Pert/S B.F.S.S.C. Aganu in Moknruo TEPS MALAYSIA Port Katong Tel (38>-7355 Penong TM *****/***** "ARGENI LOAOMG FOR PATAMMAi cmh Intercontinental S. A. C.I. F. ENTINE NATIONAL
      682 words
    • 469 16 r mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RVI 2102 2103 21ST FLOOR V AKIN A HOI Js! SHE %TON «V A Y MISTRi ROAD 2 TEL *****44 7& *****70 13] SANKYO LINE AUSTRALIA SERVICE P.Mmi 9npn Im* ST. LOIMO OCEAN PM SAVANNA STAR 11/23 Dk 24/25 Dae STD.lfi.lloa. 23/2$ Ok
      469 words

  • Page 17 Advertisements
    • 717 17 PRL GROUP EAST AFRICA/REDSEA SERVICE ROW ma 2/7 tei COLOMBO/KARACHI/P. GULF SERVICE mm 25/30 0«c lOTA SEJARAH 7/12 OK ROTA MAMA 5/10 Jan Bay ah Dubai. Kuwait. Karachi Dubai. Kuwait. Karachi KOTA PCTAN 22/24 DK ROTA RAM 15/20 DK Oms Saturn Mantes*. MM. Port Sudan, Mate Dubw. Kuwait Karachi Unseat.
      717 words
    • 394 17 TCJ BEN LINE _J CONTAINERS anas contmo soma to/fros ewok UnpHim HMBWI H'BURG BMAVtN rOMI HAVRE SOTON Germany, Aaslru BtneNu Fraact MUK P UM| Sport Far OrdUMwi IM UU M UM 7/12 JPN. BU TMtaiipmi faM hM faM bM bM 11/12 TWN ailkn MM UM MM MM MM IVU 17/12
      394 words
    • 367 17 Scan Dutch 9 Li»n r»iii:i»^».i^ij»ynj:^:w m i) fn «**t i) r* i) r«w S) um i) m 7/U IM U/U 12/U u/it i;/u Mtf MM Uri taPM VU U/U M/U 2S/U 7/u vu ivu u/u u/u u/u vi vi !«/u Mm u/u u/u a/u m/u vi* vi 21/U 2VU M/U
      367 words
    • 529 17 BOUSTEAD SHIPPING AGENCIES U.S. GULF COAST SERVICE (New (Means, Mobfle, Houston, Galveston) Mto, K*aat» ISM MALLORY ITKES Mi) 23/25 OK 7 FM li s. WEST COAST SERVICE (Seattle, Tacoma, Vancouver 8.C., Portland, Lonpiew, Lonfbeach, Los Alleles, San Francisco) S>oro Poaoat IISLf LTKES (McfcSteo*) 1/3 tea 23/27 Dae NANCT LTOS (*c*
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  • Page 18 Advertisements
    • 838 18 K line KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA Earler teeder inxk aho nAMe m C*t*n atso acceptaMe tor OaAtawd Vancouver MM. Housten. Sainton New Oka Boston. St Wr PMadepha NorlMk. gdtoneu Savannah. lidnem* TO EUROPE S pore P Kelang I Havre R dam H burg Bremen A'werp (accephng car|o«
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    • 555 18 E.C./OMT LAKES SERVICE 10ADMC FOR m TOM. NOV Oil. MONTH Al. TOtONTO. ASHTAOUU SO NAGAIANO SO THPURA CALIFORNIA/PACIFIC NORTH WEST SERVICE u** tm lOS MGEIfS SAM FIMCSCO. SEA mi. WORM. KMCWO RC EXPRESS CORTAMER CONVENTIONAL/ REEFER SERVICE P ||<w I Aaiete iGAUNO 14/17 I** 11/19 tan 20/21 tan 16 F*
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    • 400 18 T |'< >| 11 SINGAPORE SHIPPING AGENCIES PTE LTD .OIH UDO« ,H Bon D N(i S'NI.APO«U VAB. I! V, <•'«.. «.t>) G(S(Oi V '4 N( S EIE» BS IS9S «S .*>SbB AB C A«Sm AHil AUGoSMip lte«|ioiial (loiitniiicr Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK 035 5R LIMES ±0. Far Eirapt
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    • 573 18 •i! GRANARD LINE RED SEAj MEDITERRANEAN SERVICE s>« Plate* Pm M.V VALENTMA IJm. 12 DK M.V. CaUMUS ww*j« 16 DK MV. MM SMt V.3ML 10 to. •cams comma cmeo -ramr M.VMMSMG. MY MAAANY24E M.V. MM CMEON6 129 bhrl OK fcddih/P Said/Alexandria Beirut PSaid/Alexandria/ Berut/Lattakia Busan/Keetong/Mong Kong Discharging only Yokohama/Busan AH
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    • 349 18 IMBM INTRASEA (PTE) LTD Fjber House 234E Road S ,o g«»po r e 9 telephone 2 3Sr^ 1 1 *****5 A >J f. V/ -I REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S*pan P. KMaai SaM ta fart MPart (tec Boutof ne/Avon/Trinity VMD. Sincere HTIASU (PTE) LTD *****11 BOOKMG 235*657
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  • Page 19 Advertisements
    • 257 19 f UNI-OCEAN CONTAINERS (PTE) LTD UNCONVIOS laacoN vns UMCON VI2S UMCON VI3S rr S'PORE 5/6 Dec 14/15 Dec 23/24 Dec 1/2 Jan m JAKARTA 8/8 Dec 17/17 Dec 26/26 Dec 4/4 Jan SURABAYA 10/11 Dec 19/20 Dec 28/29 Dec 6/7 Jan 14th FIR. UMBO BLD6. MALACCA STREET SRKATORE 0104. JB.:
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    • 187 19 SOON SENG GROUP RegUar Service To East M'sia KUALA LUMPUR Socn SenQ S&'pp<nq Sd" Bnd PORT MftAfir> c >lftCAPOfff [e h co*'-'i S*np{wrv "tNANG Soc H u p Ser; bb Victor *a St'W T#i 04 ?-639 ?'6 m B Cib<e SU"J'*Su m a'l I M iWtntif i HICHI P Ketans
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    • 259 19 DONG SUE LINE EXPRESS FULL ISERVKE BY KOREAN j7 ivj E GLOtT ».S/7» 11/1) Dk In/Mlkc M/W tec 1/J im ne cum v.i/at liyuiw \ntm a/ntm n/n*■> EXPRESS CONVENTIONS. SERVICE TO KOREA BY KOREAN FLAG VESSEL P Ketone DONG KM ¥.14 4/1 OK DONG fW ¥-20/21.. KAENARY ¥.12 DOM BEE¥.
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  • Page 20 Advertisements
    • 230 20 fM EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FROM EGYPT ALEXANDRIA SINGAPORE mi U Dec 31 20 I GINFRtI AGf NTS L N SHIPPING PTE LTD If l ??***** SiNGAPORf ii»rs?iot sue AGtNTS HSH M SDN BHD IF! *****3 >KI 3869% PK Il» 39HS *****: PfNANG FARGO LINES As booking agents
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    • 367 20 tttttttt SHIPPING CORPN. LTD. FOR IVAN RISHIMSHNAMTRA m/KVP ,»wfu FOR^P SINGAPORE RISHI VALMKI 15/17 JAN (MDMN FLAG-BULT 1965) FCI CONTMERS ACCEPTABLE Atom SINGAPORE: STRAITS SHP SERVICES (PTE) LTD., TEL: *****61/2, *****98 P. KELANG: PSD SMPPMG SON. BW>., TEL: *****1-5 t Vo» Penanf P. Krtjnj Swppore Closing Dosim Sating Qosim CKERBUNH-
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  • Page 20 Miscellaneous
    • 141 20 I Us# SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: (B) Centre of Tropical Depression, maximum wind speeds 22 —33 knots. Direction of movement Centre of Tropical Storm, maximum wind speeds 34 —64 knots. 8 indicated by arrow and (j) Centre of Typhoon, maximum wind speeds 65
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