The Business Times, 11 December 1979
1979-12-11
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The Business Times
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Title Section11 1979-12-11 1 BUSINESS TIMES M.C.(P) No. 148/1/7J TUESDAY, DECEMBER 11, 1171 50 CENTS11 words
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BRIEFLY...
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Article97 1979-12-11 1 AP LONDON, Mon. US Secretary of State Cyrus Vance paid a four-hour visit to London today for talks with British leaders on the US-Iran crisis and then flew to Paris. Vance conferred with British Prime Minister Margaret Thatcher and Foreign Secretary Lord Carrington on joint economic retaliation ifAP - 97 words
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Article103 1979-12-11 1 AFP BANGKOK, Mon. Asean is considering setting up an Asean conference, made up of shipping representatives from all five nations. The proposition is to be discussed at this week's meeting of the Federation of Asean Shipowners' Association (FASC) in Bangkok from Wednesday to Friday. Each country has beenAFP - 103 words
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Article65 1979-12-11 1 AFP TOKYO, Mon. The United States may return to the international Labour Organisation (ILO) by June next year when the next International Labour convention is held, visiting ILO Director General Francis Blanchard said today. Mr. Blanchard, said the US which seceded in 1977 > has notAFP - 65 words
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Article88 1979-12-11 1 Reuter BERNE, Mon. The Swiss cabinet today reaffirmed its stand against freezing the assets of the deposed Shah in Switzerland, Vice-Chancellor Walter Buser said. The cabinet last February refused a request by the Iranian authorities to freeze the Shah's assets, a move which would require emergency legislation, andReuter - 88 words
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Article97 1979-12-11 1 AFP HONGKONG, Mon. China announced today that it had signed agreements with 16 foreign oil firms on seismic exploration in the South China Sea and the Southern part of the Yellow Sea. The New China News Agency reported that the gathering of offshore seismic prospecting data would beAFP - 97 words
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Article88 1979-12-11 1 AP NEW YORK, Mon. Stock prices declined this morning in the face of uncertainty about Iran and a declining US dollar on currency markets. The Dow Jones average of 30 industrial stocks fell 3.24 to 829.95 in the first half hour. Declining issues outnumbered gainers by a smallAP - 88 words
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Article141 1979-12-11 1 Rises Tronoh Mines 1010 70 EJM 505 Sigma Metal 12S +ao Sthn Kinta 890 15 Tan Chong 430 14 Y H 9 Maia 378 14 Y H S 302 11 Lien Hoe 187 11 Berjuntai 790 10 Kuala Sidira 300 10 Tganu Dev 158 10 H Negara141 words
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Article, Illustration168 1979-12-11 1 Rises Malayan Tin 2450 130 D. Keramat 1160 +30 Perlis Pit 280 29 Esso Ord 560 20 Tronoh 1020 +20 Shell 384 16 Tan Chong 430 14 K Kampar 474 12 T'ganu Dev 157 10 Kamunting 318 10 YHS(M) 380 10 S. Dredge 476 10 M. U. Ind168 words
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Article781 1979-12-11 1 FOO CHOY PENG - HEADQUARTERS IN SINGAPORE By FOO CHOY PENG A GROUP of New Zealand banks has proposed the formation of an Asean automated banking network to provide, among other things, an automated bank-clearing system common and available to all the five member countries. Databank Systems, a wholly-owned subsidiary781 words
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Article200 1979-12-11 1 THE Minister for Labour, Mr Ong Pang Boon, will be asked in Parliament this afternoon if he will consider exempting both employer and employee from Central Provident Fund (CPF) contributions if the employee is past 55 years of age when employed. The question will be posed200 words
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Article295 1979-12-11 1 A HIGH-POWERED 17man Japanese team will arrive in Singapore at the end of this week to attend the second Asean-Jfcpan Economic Conference cm Monday. The one-day conference, to be held at Shangri-La Hotel, will be attended by about 225 delegates from the Asean Chambers of295 words
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Article425 1979-12-11 1 MR Phey Yew Kok, 45, veteran trade union leader, was yesterday charged in court for contravening the Trades Union Act and for criminal breach of trust (CBT) involving a total of $100,265. The chairman of the National Trades Union Congress, is the first top trade union leader425 words
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256 1979-12-11 1 SINGAPORE aecwaatoato will try to deftoe the scape ud areas to which they are respsaslMe at a tw day eeafereaee ergaatoed by the Sagapare Seelety sf Aceaaatoato <88A) this Friday. The sixth aaaaal esafereaee «f the 88A, which has a membership ef abaat256 words
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456 1979-12-11 1 HARDEV KAUR - By HARDEV KAUR TENGKU Razaleigh Hamzah yesterday set out the criteria under which certain companies can benefit from the tax incentives accruing from restructuring. Hie Malaysian Finance Minister had announced the exemption of 5 per cent of the company's income tax of 40 per456 words
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Page 1 Advertisements
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Advertisement48 1979-12-11 1 Gamlen change of address pftfw t from Ist Novemr)«>i 19/9 our new .tcklrpss will bf IS 1b Block b SS Ayer Pajah Road Ayer Ra ah Industrial Estate Singapore OM Tel: *****29 Contact us It* cnemicals equipment and iwcnnical services 'or manne arxj industry GAMLEN (AUSTRALASIA) PTY LTD48 words
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Advertisement234 1979-12-11 1 asean BudnessOuartßrly Malaysia's oonmmnMl industrial txHxdtamioß Singapore's low-wagi- prubk-m faun-ASEAN seaborne trade i hum Hifflv ji»J ,k:n.uvl AM AN s pimurv cumin t- Brief ao elemuuics indumy in ASEAN Malaysia •> ur.rri Myth and reality of Singapore's industrial product 100 index Hi.. «H" .U:i*A f ;V.-K Revenue through taxes how234 words
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Advertisement48 1979-12-11 1 EMDS SHIPPING TIMES wttfastoad HOCK aaalyses HONGKONG Ijmi bmyn sfcares BANDAR Bays dura revataed wsrtk mrmtiii U to Mfl.M mm* 12 NANYANG Prm pre-tax pnflt ELECTROLUX seta ha sights FLIGHTS I, TV AND RADIO CROSSWORD t, WHERE TO WINE A DINE t SHARE INFORMATION 11, COMPANY NEWS 1148 words
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Advertisement84 1979-12-11 1 ICOH Plain paper copiers Preferred by offices worldwide CALL *****5. H yny Private Limited MM Wywy House 17 leng Kee Road MM Singapore 031,5 4*. if: fTVs 4* <- A .X A V i •v *v. •v^ 3 *Z >■ C£K*3 SM ■»h+v. K jm Vs #ar. fl -a 'V.84 words
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TRADE AND INDUSTRY
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Article, Illustration783 1979-12-11 2 SINGAPORE'S outstanding export growth and increased industrial production together with those of other semi-developed Asian countries including Korea, Taiwan and Hongkong, marked a new trend in trade with Japan last year, the latest Jetro White Paper on International Trade said. The Japan783 words
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206 1979-12-11 2 PLASTICS are toting the place of metals In the manufacture of valve assemblies for fire extinguishers, according to a recent report released In Hongkong by the Dn Pont Company. Simpler assembly and elimination of corrosion and the finfoMng steps necessary with metal have206 words
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566 1979-12-11 2 TOTAL NOW 2,327 DETAILS of the 1,001 items exchanged at the Asean Economic Ministers Meeting on preferential tariffs in September have Just been released. The trade preferences took effect from yesterday, bringing the total number of Items to 2,327 so tar. This latest batch of566 words
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292 1979-12-11 2 THE Mount Elizabeth Hospital, which was officially opened last week, is the first private hospital in Singapore to be fully computerised. A Data General NOVA 3/ 12 computer system, which was ordered from Dataprep Singapore Pte Ltd in June last year, will be programmed292 words
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Article373 1979-12-11 2 COURSES AND TALKS Dec 10-11: Cost Control for Managers, Hyatt Hotel, Price Waterhouse Dec 11: How to Identify and Cope With Organisational Behaviour Problems,SlM Conference Room, Singapore Institute of Management Dec 13-14: Computer Appreciation, Hyatt Hotel, Price Waterhouse Jan 2-Apr 9: Business Finance, Joint Campus, University of Singapore373 words
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Article, Illustration270 1979-12-11 2 THE Swiss Watch Industry Information Centre (SWDC), a Swiss industry sponsored organisation which provides information and training for watch importers and dealers throughout Asia, has announced the appointment of Mr Erwta Angehrn as technical representative to the centre. Mr Angehrn, who has more than 18 years' experience270 words
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343 1979-12-11 2 THE LATEST plans by the giant West German electrical/electronics manufacturer AEG-Telefunken to retrench 13,000 workers in home plants will not affect products reaching the Singapore market, its distributors said. The move is aimed at putting the company, ranked ninth in West Germany, back343 words
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Article54 1979-12-11 2 THE Alan International Hairdressing Group from London has appointed Straits Central Agencies Pte Ltd as its representative in South-east Asia. Straits will answer enquiries, send out brochures, and register and book students for courses. It will also choose a suitable course fo candidates as well as recommend accommodation54 words
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133 1979-12-11 2 EFFECTIVE Communication through Public Speaking and Business Correspondence will be two of the courses which the University of Singapore's department of extramural studies will be organising for next year. The 10-lecture course on effective communication is a practical course intended to help participants in133 words
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Article165 1979-12-11 2 AN ASEAN-manufactured brand of biscuits, Regalia, recently sold in supermarkets and provision stores in Singapore, has won the 1979 Gold Medal Award for* marie biscuits in the 18th Monde Selection de la Qualite held in the famed Le Grand Hotel in Paris. The Monde Selection165 words
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Article136 1979-12-11 2 A FORUM on Mergers and Acquisitions, Jointly organised by the Singapore Institute of Management and Applied Research Corporation, will be held this Saturday at Mandarin Hotel. There are seven panel members which include two leading experts from the US, Professor Alfred Rappaport, professor of accounting136 words
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Article128 1979-12-11 2 A NEW Japanese-Singapore engine gaskets and packings plant in Jurong will be officially opened tomorrow. The company, Nichias Singapore, began initial production only last month. Gaskets are used in packing pistons in engines, while packings are the oil-absorb-ing materials closing a Joint or assisting in lubrication. The128 words
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Page 2 Advertisements
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Advertisement167 1979-12-11 2 HEW ....more than just a cookbook! Here, for the first time, is a local cookbook that fives you more than just recipes. More, too, than lots of fascinating and relevant information about Singaporean ingredients and cooking methods. Singapore Food is unique because ft puts Singapore's famed cuisine into historical perspective167 words
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Advertisement11 1979-12-11 2 THE LARGEST-SELLING CHAIN-SAW IN THE WORLD. *i. <• S m Etess Mi11 words
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REGIONAL
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450 1979-12-11 3 MALAYSIAN economists are generally confident that the resilience of the economy will enable Malaysia to pull through the recessionary trend affecting a number of industrialised nations. Some slowdown in economic activity may be unavoidable but various factors can be counted upon to cushion the450 words
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342 1979-12-11 3 MARKETING executives in Malaysia should turn their attention to the needs of the Third World, West Asia, Africa and the Asia-Pacific basin, especially Asean countries to sell their manufactured goods and primary produce, Finance Minister Tengku Razaleigh Hamzah said. "I am convinced that in342 words
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Article348 1979-12-11 3 Reuter OUSTED Kampuchean Prime Minister Pol Pot said in an interview published in Tokyo yesterday that Kampucheans were allowed to take refuge in Thailand whenever persecuted by Vietnamese. Speaking to a group of Japanese correspondents at an unidentified guerrilla base near the Thai border last Saturday, MrReuter - 348 words
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THE REGION IN BRIEF
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Article544 1979-12-11 3 Agencies FORMER South Vietnamese President Nguyen Van Thieu, in a rare interview published on Sunday, said the United States has betrayed his country to the North Vietnamese Communists. Mr Thieu spoke to the West German magazine, der Spiegel, at his home outside London in what the magazine describedAgencies - 544 words
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Article, Illustration651 1979-12-11 3 TOP ECONOMIST UPI PRESIDENT Choi Kyu-Hah yesterday named as Premier, his top economic planner, Deputy Premier Economic Planning Minister Shin Hyon-hwack, to tackle the nation's mounting economic difficulties. Mr Shin, 59, immediately resigned from the ruling Democratic Republican Party and the National Assembly to keepUPI - 651 words
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Page 3 Advertisements
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Advertisement144 1979-12-11 3 The Germans reckon that the best cars are Mercedes-Benz. Every car manufacturing country has a good car to its name. However, the motorists of the world share a popular opinion that West Germany produces more great cars than any other country. And to the Germans, M|| the best cars are144 words
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RAW MATERIALS
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390 1979-12-11 4 AFP THAI rice exporters had last week offered a special rebate for every tonne of grain bought by Hongkong, rice trade sources said. The decision, designed to boost the sale of Thai rice to the colony, followed moves by the Foreign TradeAFP - 390 words
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334 1979-12-11 4 Reuter PENINSULAR Malaysia's crude palm oil production fell to 168,478 tonnes in August from 174,459 tonnes in July and 175,856 tonnes in August 1978, preliminary statistics department figures show. This brought total production to 1.23 million tonnes for the first eight months ofReuter - 334 words
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224 1979-12-11 4 Reuter CANADA'S oilseed crushing industry is expected to operate at only 69 per cent of its total crushing capacity in the 1979-80 year, down from 79 per cent last year, the US Agriculture Department's counsellor in Ottawa said in a field report. The totalReuter - 224 words
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Article159 1979-12-11 4 INDIA'S total foodgrain production in the 1979/80 (July-June) year could fall within a range of 105-110 million tonnes, well below the record outturn of 131.4 million ton produced last season, the US Agriulture Department's counsellor in New Delhi said in a field report. The counselor159 words
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Article259 1979-12-11 4 THE Singapore market closed easier yesterday with December One RSS buyers quoted at 291.25 cents per kilo, down 2.25 cents from last Friday's close, dealers said. Prices dropped 1.75 cents during the morning session on Japanese arbitrage selling on account of the stronger yen, they said. Japanese selling petered259 words
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Article332 1979-12-11 4 R AJS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R-S S prompt f o b. 291.50 292.50N Int. 1 R.S.S. December 292.25 292.75 Int. 1 R.S.S. January 295 50 2K.00 Int 2 R.S.S. 284 00 285 OON UK/Cont 283 00 284.00N Int.332 words
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Article114 1979-12-11 4 NOON SSR and SMR pnca ye*( ■enUy RAS SSR 20 SSR SO MKBLB (1 too pallet) 11-ton pallet) Daetaker (Curat Mtfci Bayer* Sailors 266.SO 267.SON 262 50 264.S0N 1' Jaaaary (Forward Mth) Barer* Seller* 266 50 26&S0N 263.50 *****N Wnur SMR CV SMR L SMR CP SMR114 words
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Article136 1979-12-11 4 Reuter THE Malaysian Primary Industries Ministry is working on arrangements to set up a national forestry development cess fund to be used in establishing timber plantations, Primary Industries Minister Paul Leong said. Speaking after a weekend dialogue session with the Malaysian Timber Industry Board, he said theReuter - 136 words
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237 1979-12-11 4 AP BRAZTL'S top coffee official acknowleged last week that the government had taken "measures to expedite" its coffee exports, but he repeatedly denied reports that Brazil is selling coffee at discount prices. Octavio Rainho, president of the government's coffee agency, IBC, said at aAP - 237 words
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Article261 1979-12-11 4 CERTAIN commodity prices were marked down on the Singapore produce market yesterday in dull and featureless trading conditions. The mark-down in prices was more to bring prices here more in line with those ruling overseas. In a barely steady pepper sector, the Sarawak grades were quoted at $2.50261 words
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Article336 1979-12-11 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.96, 100 per cent second class 0.83, 100 per cent third class 0.80, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super 0.63. Special 0.57.336 words
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Article192 1979-12-11 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttsa yarn: China Blue Phoenix 20s 2,330 32i 2,600, 40s 3.040 (per bale at 400 lbs). Ptoes gnis: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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Article83 1979-12-11 4 Reuter THAI tin export in September dropped to 1,263 tonnes, compared with 1,273 tonnes the previous month and 1,602 tonnes in September 1978, statistics released by the Natural Resources Department show. It said overall tin metal exports for the first three quarters of this year totalled 24,661Reuter - 83 words
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Article30 1979-12-11 4 Rubber: Dec 10 Singapore: December 291.25 cents (down 2.25 cents) Malaysia: January: 294.50 cents (down 3.25 cents) Tin: M 52,105 (down $5) Official offering: tonnes (up 67 tonnes)30 words
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Article74 1979-12-11 4 THE Straits tin price in Penang yesterday dropped MIS per pica! te fejtf, $155 above the International Tin Agreement ceiling, dealers said. Larger deliveries of tin metal aceamslated daring the week-end by leeai miners aai deposit of foreign eras prompted the easiness although there was continental Europe, Japanese,74 words
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Article232 1979-12-11 4 THE SUGAR market closed easier across the board in continued quiet trading yesterday, with no trades registered as on Friday, dealers said. Nearby January closed at 15.30/50 US cents against Friday's 16.00/10 close with distant October at 15.75/85 against 15.80/90. The cotton market continued the recent quiet trend232 words
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Article968 1979-12-11 4 COFFEE: Robusta futures r initially lost £10 basis JanuI- ary at £1,805 yesterday but it almost immediately producer-linked buying e, operations pushed prices Q higher and encouraged dealu er profit-taking into the rise. At end call, gains from j Friday range from £12 basis new January at £1,827968 words
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ASIAN STOCKS
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Article658 1979-12-11 4 TOKYO Source: DBS-Daiwa THE MARKET started out on moderate trading yesterday, but weakened in the afternoon. The Nikkei DowJones average closed at Y6,452.14, off Y20.61 from Saturday's close of Y6.472.75. Volume stood at a rather subdued level of about 260 million shares. Buying centered onSource: DBS-Daiwa - 658 words
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Article335 1979-12-11 4 Source: SHK Sec THE MARKET collapsed in early trading yesterday. Local speculator liquidation following corporate share exchanges by HK Land and Jardine Matheson appeared to have taken the steam out of the previous speculative drive and HK Land fell HK& at one point, but Jardine improved sharply to closeSource: SHK Sec - 335 words
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Article244 1979-12-11 4 DEC 10 Cenu 4/INDUSTRIALS A. C. L 215 -3 A N L 180 unch A. P. M. Ampoi Pec B H P. Bank NSW 141 2 1278 1090 r* -16 1 BoraJ 200 -0 Brambles 100 4-2 c a a. M0 unch C. 8. R. 446 unch Coal Allied244 words
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Article154 1979-12-11 4 THE market closed lower across the board yesterday with turnover down to 3.77 million pesos from Friday's 5.14 million, dealers said. Losers were Philex B, Basic Petroleum, Phil Overseas, PLDT, San Miguel B and Vulcan. Unchanged issues included Aco)e Mining, Landoil B, Podco B, Pogei, Seafront, BF Goodrich, Inco154 words
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Article29 1979-12-11 4 HJC.HANG SENG Monday 784.48 Friday 783.02 Week Ago 756.33 8YDNKY INDUSTRIALS Monday 550.58 Friday 561.86 Week Ago 54X54 ALL OBOINAKIB8 Monday 805.98 Friday 886.37 Week Ago 883J829 words
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Article11 1979-12-11 4 Bugkik market wm yesterday eieeed fer the Ceastttatfea Day beliday.11 words
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Page 4 Advertisements
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Advertisement147 1979-12-11 4 THE 2ND INTERNATIONAL FORESTRY, TIMBER PROCESSING AND WOODWORKING EXHIBITION. DATE. 12-16 JANUARY 1981, SINGAPORE. Wood '81 is the second specialist exhibition devoted exclusively to the development and expansion of the forestry, timber processing and woodworking industries of South East Asia. Wood '81 will highlight the latest range of equipment and147 words
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OVERSEAS
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Article741 1979-12-11 5 UPI THE US is seeking new international moves against Iran to force the release of 53 Americans held hostage by militant students for 36 days. The prospect of a world trade embargo seemed greater as Secretary of State Cyrus Vance flew to Europe forUPI - 741 words
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Article787 1979-12-11 5 ARRIVALS Service Local Operator Number Time From PAA PA005 0125 NYCESPO/HKG MAS MH601 0645 KUL MAS MH682 0710 KCH SIA SQ628 0710 DHA SIA/BA SQ/BA17 0710 LHR/BAH SIA SQI01 0615 KUL MAS MH621 0640 PEN MAS MH607 0645 KUL MAS MH671 0945 PEN/KUL SIA SQ211 1000 HLP787 words
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292 1979-12-11 5 NYT LORD Christopher Soames, the British politician and diplomat named last week as governor of this rebel colony, will (ace a host of problems in guiding it to legal independence under black rule. But none are likely to be more vexing than puttingNYT - 292 words
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Article, Illustration47 1979-12-11 5 President Tito of Yugoslavia posing with his banting rifle and two trophies a monflon and a fallow deer after the traditional late autumn diplomatic hnnt near Karadjorjevo on Saturday. The hunt is a regular feature on the diplomatic social calendar of Yugoslavia. AP photoAP photo - 47 words
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Article350 1979-12-11 5 NYT THE American economy is in store for a "mild" economic downturn during much of 1960 but a rebound will begin late in the year, General Motors (GM) predicted Sunday. Nevertheless, the giant auto-maker is quite gloomy about its own industry. GM lowered its estimate of theNYT - 350 words
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372 1979-12-11 5 PRIME Minister Begin's government on Sunday ordered work to begin on a new site for the Elon Moreh Jewish settlement, but Arab villagers in the occupied West Bank temporarily blocked the way with a barricade of burning tyres. A military government spokesman said the demonstration372 words
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Article256 1979-12-11 5 UPI GUNMEN dressed as soldiers shot and killed one of El Salvador's wealthiest coffee growers as be was paying his workers, authorities said Sunday. No extremist groups claimed responsibility for Saturday's killing of Mr Federico Aguilar Meardi, 68, a member of one of El Salvador'sUPI - 256 words
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308 1979-12-11 5 UPI THE LEBANESE government has ordered the country's airspace closed to Iranian planes and instructed border posts to turn back Iranians not carrying valid entry visas from the Lebanese Embassy in Teheran. The get-tough -measures were introduced hours after a radical Iranian religious figureUPI - 308 words
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WORLD IN BRIEF
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Article549 1979-12-11 5 Agencies NEW Zealand will lift trade sanctions against Rhodesia at the same time as' Britain, Prime Minister Robert Muldoon announced. He told a news conference he expects Britain to lift sanctions later this week, when the ceasefire agreed at the London Peace Conference is formally signed.Agencies - 549 words
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Page 5 Advertisements
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Advertisement100 1979-12-11 5 I W i-J&i W "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." U-Po <Li Tut-pot100 words
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Article433 1979-12-11 6 THERE are obvious merits in a trans-Asean automated banking system. The main one being the establishment of a more integrated banking system in a region that is easily one of the fastest growing in the world. This aside, such a network may lead in the long433 words
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306 1979-12-11 6 NEXT week's meeting between the business elite of the five member countries of Asean and some of the most powerful leaders of Japan Inc is not the first such encounter between the two groups. But this time, it could turn out to be a306 words
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Article, Illustration1618 1979-12-11 6 ROBERT A BENNET - By ROBERT A BENNET NYT WHEN Mrs Indira Gandhi was ousted as Prime Minister of India, a joke went around the financial world that Mr David Rockefeller would put her on the board of Chase Manhattan Bank. And when the deposed Shah of Iran needed helpNYT - 1,618 words
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949 1979-12-11 6 JOHN BRACKEN - The radical Left has made sweeping advances in the Eastern Caribbean in recent months. Now the United States is stepping up its aid and investment in response to the more activist stance being taken in the region by Cuba. JOHN BRACKEN reports. JOHN BRACKEN FTFT - 949 words
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Page 6 Advertisements
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Advertisement367 1979-12-11 6 why not be a SALESMAN? Tbpmen earn top money when qualified Full training for UCTA Diploma Exam. The man in the car could be You e xaminati The house and family could be w Yours. With you in a prosperous j n °Sau2 new job enjoying a new life a367 words
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Page 6 Miscellaneous
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Miscellaneous1195 1979-12-11 6 MISTAKEN IDENTITY T IP YOU'VE already eatteaed ea to the simple jays •f watchlag The Greea Heraet ea Ckaaaei 5, here is a Mt et toalght's story Bae to help the time ge hy till 7paa of shawtlme. Oar eadereever crime basher ueevers a st I miming criminal whs has1,195 words
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Article, Illustration1915 1979-12-11 7 GUY HAWTIN - By GUY HAWTIN FT A REPUTATION for being a corporate tough guy has two drawbacks. If you are successful people will claim that your success is really the work of others. If you fail, the blame is usually placed on you alone. Dr Walter Cipa, who headsFT - 1,915 words
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Article, Illustration786 1979-12-11 7 FOX BUTTERFIELD - By FOX BUTTERFIELD NYT CHINA has concluded an unusual agreement to produce an as yet unproven multifuel engine developed in the United States by a group whose principal stockholder was involved in a dispute with the US Securities and Exchange Commission over securities sales tiedNYT - 786 words
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Article850 1979-12-11 7 ANTHONY LEWIS - FORUM, With ANTHONY LEWIS IN THE LAST year the world oil price has nearly doubled pushed up not so much by Opec decision as by the pressure of demand. Opec ministers, meeting next week in Venezuela, will raise the price again. And then the850 words
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Page 7 Advertisements
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Advertisement305 1979-12-11 7 ACTION! Action speaks louder than words The November issue o* Singapore Business looks at some areas where there has been a lot of talk Will the action be forthcoming? Testing Japan's Sincerity: The Japanese have expressed time and again their .desire to help the Asean countries develop Will they respond305 words
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Page 7 Miscellaneous
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Miscellaneous34 1979-12-11 7 BnStoW m THPfr DOCS IT Tue TifnC MRS COPOC FoC N/OURS TPOLV To \N\/£ST IN R L«GHTu>e«G»HT 9>\JIT K it now uiHcee'S "fUe moNe we BCOJ FOR R RPUNV o«v.. p =Tl ,r—~J UJ_34 words
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INTERNATIONAL STOCKS
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548 1979-12-11 8 Reuter US STEEL plans to eliminate some of its product lines. Chairman David Roderick said the company is currently examining its operations and product lines with poor growth potential will be trimmed or altogether phased out. "The object will be to maximiseReuter - 548 words
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Article266 1979-12-11 8 Reuter PRE-TAX profit at Stdu Muibetuiag C* soared to HKH6.I3 milllion ($4.06 million) for the six months to Sep 30. Extraordinary items rose sharply to $60.33 million ($7.24 million). The profit is before minority interest of $1.72 million ($2.03 million). Earnings per share after extraordinaries jumped to 77 centsReuter - 266 words
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337 1979-12-11 8 Reuter HITACHI expects consolidated net income in the year ending next March 31 to rise to a record 100 billion yen from 97.03 billion last year, on sales of a record 2.85 trillion from 2.57 trillion, a company spokesman said. The company does not foresee anyReuter - 337 words
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Article66 1979-12-11 8 Reuter INDONESIA'S Coordination board for Capital Investment said approval has been given for a Joint venture company to build a US$25.l million fibre glass plant in Surabaya. The company will trade under the name of P T Indonesian Fibre Glass and its partners are P T Teknik UmumReuter - 66 words
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200 1979-12-11 8 Reuter PLESSEY has reported that its six month pre-tax profit slipped to £19.42 million from £23.12 million previously, on a sales rise of £334.10 million (£303.90 million). Earnings per share also fell to S.l4p (6.lip). Pre-tax profit (or the second quarter declined to £6.25 millionReuter - 200 words
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Article115 1979-12-11 8 Reuter UNAUDITED consolidated net profit at ICI Australia increased to AJ66.30 million ($48.53 million), (or the year ended Sep 30 on a turnover of $991.27 million ($819.33 million) and other income of $10.43 million ($14.95 million). Profit is after tax of $19.58 million ($23.45 million), depreciation $33.74Reuter - 115 words
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183 1979-12-11 8 Reuter RCA Corp's introduction of its long-delayed video disc player has industry analysts debating whether the new consumer product will add profits and prestige to the firm or simply continue to drain its funds. Some analysts question whether RCA will be able to getReuter - 183 words
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Article121 1979-12-11 8 Reuter THE US Federal Communications Commission (FCC) ban-ed American Express Co's purchase of SO per cent of the stock of Warner Communications' wholly-owned subsidiary, Warner Cable Corp. N It denied American Express and Warner Communication's waiver of the PCC's cable TV broadcast crossownership rules because it saidReuter - 121 words
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Page 8 Advertisements
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Advertisement198 1979-12-11 8 I Where to wine, dine and entertain lllllllllllllllllllllllllllllllllllllllllllllllllllllfi^^C'lJillilllHllllHlllll mmmt m IF. m *I^l hf* .1 vMI 'JV/ANi. l.'ir/A^ fivj l/vf. '4XJ fe »M'J| J/'JIWIK m:r \$M Hke Social ieltcatesseu lididay Ittn 3lw (fating Hxyertettr? All kinds of Christmas goodies to make this festive season an enriching experience Christmas logs, stollens,198 words
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Advertisement199 1979-12-11 8 lubertud ®rill S I For lunch. For dinner. For a richly rewarding experience. Also Businessmen's Lunch Monday to Friday >1S ,W> CESS .Javanese Hijstafel Saturday Sunday Slh 1- 3"<> CESS f or reservations call 7379b77 t piiiiirj Slientioii Sii^gapore Sheraton hotels and inns/<o«ldwide 11. Singapore 1026 Te 7379b-'7 OPERATEP B>199 words
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Advertisement69 1979-12-11 8 Si;m?ese Seafood 4 J V. (Cnrkpil ISnlrl A «r A/ yf j r A SieaAHouse Mirw-Q Try our TepparvYaki steak In our cosy, personalised atmosphere A truly mouth-watering delight And a time that you'll remember. Business Hours: Lunch 12.00 noon 2.30 p.m. Dinner 6.00 p.m. 10.30 p.m. TEPR^N-VAKI MENOQ Ist69 words
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Advertisement180 1979-12-11 8 UINCH XT Him Savour the true flavours of Singapore in cool, exotic, tropica! surroundings at the newlook Hin's Heavenly Cookhouse Choose from a whole variety of local foods like Murtaoak. Steam-ooat. Malay Curries. Noodles. Smoked Duck and Suckling Pig. Satay. Chilli CraDs Exceptional Cantonese menu oy celeorated Hong Kong trained180 words
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Advertisement80 1979-12-11 8 See Page 4 for Asian stocks Merlin's New Grill Room It s elegant, comfortable and quietly opulent, with a menu that will delight the discriminating. Our Businessmen's Buffet (Mondays to Fridays) offers a fabulous spread. There's Prosciutto Crudo, Gammon Ham. Cold and Grilled Lobsters. Baked Crab, Fillet Mignon Bernaise, Tournedos80 words
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MONEY AND EXCHANGE$
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Article507 1979-12-11 9 THE US dollar took another record dive yesterday against the yen, spurred on by heavy foreign bank yen buying. With market trading moving erratically and nervously, the dollar plunged rapidly from its opening 239.00 yen to 231.00/232.00, in line with the Tokyo closing. London opening saw the dollar507 words
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Article56 1979-12-11 9 AUSTRALIA NZ exchange quotes yesterday: US dollar 1.1029/1.***** Sterling 0.5108 0.5049 Ninety-day air mail buying rates: Sterling 0.5370 US dollars 1.1556 Ninety-day forward buying rates: Sterling 0.5203 US dollars 1.1153 New Zealand reserve bank midrate: US dollars 0.9783 Trading bank indications: Sterling 0.4533/0.4503 US dollars 0.9833/0.9733 Ninety-day airmail buying56 words
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Article22 1979-12-11 9 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 9.2 per cent.22 words
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Article151 1979-12-11 9 Asian rates ASIAN currency deposit interbank rates as at close on Dec 10: US Dollar«(Spot) Offer Bid 7 days 13H 13". 1 month 141/16 1315/10 2 months 141/18 1315/16 3 months 14 W 14 6 months 13 v 13H 9 months 12V. 12H 12 months 12H 12'^ 8w.Fr*. Da*. (Middle151 words
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Article47 1979-12-11 9 RANGE of prices offer* fd by discount bouses on Dec 10: Overnight 3 to OR Call deposits —6 Closiaf Ba?ia« Sciiix 3-month Treasury bills 6'» 3 month Bank bills 813/16 811/16 3 months CD 11/16 8 9/16 6 months CD 813/16 811/16 Source: National Discount Co47 words
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Article278 1979-12-11 9 SINGAPORE gold futures closed slightly higher yesterday after fluctuating marginally throughout in moderate trading, dealers said. Turnover dropped to 300 lots compared with 388 last Friday. Interest centred on February and April contracts, they said. February closed slightly firmer at U*****.70/441.50 an ounce against 440.30/ 441.00 on Friday and278 words
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Article222 1979-12-11 9 THE yen yesterday strengthened further against the US dollar in hectic trading to a late 232.00/50 to the US currency from the morning's 237.30/60 and New York's 239.90/240.10 Friday close, dealers said. The Japanese currency hit a wide 230.50/231.50 afternoon high on commercial dollar selling with banks liquidating their222 words
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Article277 1979-12-11 9 THE dollar opened easier yesterday against most major currencies in quiet trading, unsettled by a Financial Times report the moderate oil exporting countries have decided to increase prices ahead of next week's Opec meeting, dealers said. It opened at 1.7423/33 marks compared with Hongkong's late 1.7475/80 and sharply lower277 words
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Article297 1979-12-11 9 THE US dollar for overnight delivery closed sharply weaker at 231.00 yen yesterday, compared with a 239.90 opening and 241.60 at Friday's close, dealers said. Trading was heavy with volume of US$l.l3 billion, but no central bank dollar support intervention was detected, the dealers said. The dollar met sustained297 words
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BANKING AND FINANCE
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Article679 1979-12-11 9 A SENIOR Bank Negara official has argued that, as the balance of payments effects of flexible exchange rates tends to become unpredictable, some sort of limited flexibility to the exchange rate regime is a suitable alternative to ensure greater stability in the international monetary system. In putting679 words
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Article876 1979-12-11 9 NYT THE Security Pacific National Bank of Los Angeles threw a party at Bahrain the other day to introduce one of its "new boys" to the banking crowd. Everybody came. Chase was there, and so was American Express, Citibank and Bank of America. The manNYT - 876 words
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Article199 1979-12-11 9 UPI MAJOR US banks over the weekend lowered their prime lending rates another quarter point to 15' i per cent, a reflection of further easing in the still-tight credit markets. The prime is the interest banks charge their best corporate customers for shortterm loans and isUPI - 199 words
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227 1979-12-11 9 SPECIAL Drawlag Righto eu mv be and la swap* ui forward iperatliaa. Uader the deetetea ea rwapa, a parttetpaat may trawler BDBa to antler partkipaat la tnrthaagr far aa malnakit aaiaaat af earreaey ar aaether Mattery aaaet ether thaa geld, prevtded that there la227 words
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Article80 1979-12-11 9 Reuter IRAN has formally complained to the International Monetary Fund about the freezing of its assets in US banks by President Carter. The central bank governor, Allreza Nobari, in a letter to IMF's managing director, described the American act as a violation of all accepted principles of internationalReuter - 80 words
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Article482 1979-12-11 9 ABOUT US$lOO million (Ss2l7 million) in travellers cheques are spent each year in Singapore, and the market is fast growing. The estimate was given over the weekend by Mr Derek Chapman, the newly appointed managing director of Thomas Cook Bankers. Mr Chapman added that482 words
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Article664 1979-12-11 9 Reuter HUNGARY, the Soviet bloc's frontrunner in domestic economic reforms, will soon begin an experiment in JCast-West banking which could help revitalise the conduct of communist foreign trade. Starting early next year, the Hungarian National Bank and six western patrtners will operate the first jointiy-owned 'offshore' bank basedReuter - 664 words
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Article440 1979-12-11 9 Alan Lerner - Alan Lerner The writer, Alan Lerner, is a vice-president and money market economist with Bankers' Trust. THE CREDIT markets continued to move ahead for much of last week, but the rising tide of optimism was prevented last Friday as the US unemployment rate posted a decline440 words
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Page 9 Advertisements
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Advertisement25 1979-12-11 9 Sulsw fa Slo&rsw Cmivv V)n\vyiv>n Tel: >61 SOS v. Mi v.y. v.:- •-v. I 1Z V-LUMM(MM TMPM Tama i Hill LBiJMI ■v. £1' T£?T! 2T?»£25 words
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1444 1979-12-11 10 BUSINESS DONE ON THE SES THE KLSE BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acma (2.365) Allied Choc1,444 words
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Article158 1979-12-11 10 8DHMP0U UNIT T*U BT INCOME BOND UNIT |M«m|iii' prims tar Dee 11) (CvtmI pf lees) The Commerce 214 2.27 1.24 The Saving Fund 1 39 1.47 Income Bond 1.17 S pore Prog Fund OS 1.00 S'pare Sec Fund S pore Invest Fund Lit 1.28 1.M 1.38 MABA U158 words
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Article2681 1979-12-11 10 Gr*a Gr'a Net 1979 Laat Div Div Y'ld P/E Vol Dav High Low Company Sale or- C'vr (*000) High Low SECTION ONE INDUSTRIAL 4k COMMERCIAL 261 207 Acma 233 15.0 2.2 6.4 11.9 196 123' Alcom 196 10.0 1.3 5.1 26.1 148 110 Allied Choc 129 -22,681 words
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Article1623 1979-12-11 10 BID and offer prices officially listed and Inertness 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 otherwise specified. INDUSTRIALS Aeaa (2.328) AjMMta (3 02B) Alcm (LIS 1.875) Ales BaM (1.2BB)1,623 words
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Article152 1979-12-11 10 TssMfca (M) BM: AGM to be held at the Conference Room of Goonting A Chew, G A C House, No 5C, Jalan Gurney, Kuala Lumpur, on Dec 13 at 12 noon. Haber Merita (M) BM: AGM to be held at Hotel Merlin, Jalan Sultan Ismail, Kuala Lumpur, on152 words
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Article, Illustration698 1979-12-11 10 THE flnt sniff of a tep mmm/tm the Hongkeag market «w wwNi with a Jolt by the Stogaparr Stock Market Wmm day. Bat prices rallied towards the cleee to fbriah ■toady. Darlag the epealag hear there was mnt evtdeaee ef investors nI bhttag at sleeks whese698 words
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Article477 1979-12-11 10 FAIR buying interest helped prices to a steadier close on the Kuala Lumpur stock market yesterday. Trading was moderate. Investor support was obvious across a fairly broad front and was strongest in the morning session. But the firm trend was not sustained and prices softened in the477 words
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COMPANY NEWS
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Article526 1979-12-11 11 HONGKONG'S giant property group, Hongkong Land, has announced major acquisition plans totalling more than HK5600 million. The company, which owns Fitzpatrick's in Singapore, announced late last Friday that it has entered into an agreement with Jardine Securities, a member of the Jardine Matheson group, to acquire526 words
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Article, Illustration484 1979-12-11 11 MALAYAWATA Steel has managed to maintain its mid-term earnings despite a significant fall in sales. Volume of group sales for the first half to Sep 30, 1979 was 22.7 per cent lower at 78,998 tonnes. But the company explained in the interim announcement that the previous half484 words
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Article202 1979-12-11 11 Date Last Full Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Dtv. Profit <%) (in#) Kramat I 7/12 16.8 27.5 1,274 Sg Besi I 7/12 318.0 520.0 23,536 Metro I 13/12 27.3 12.0 7,773 Utd Mai I 15/12 30.9 30.0 5,492 M Cement F 20/12202 words
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Article, Illustration599 1979-12-11 11 CATHERINE ONG - By CATHERINE ONG NANYANG Press Singapore (1975), publisher of the Chinese newspaper Nanyang Siang Pau, achieved a reasonable growth in earnings despite keen competition and higher costs in the financial year Just ended. For the year ended July 31, the company notched up a creditable599 words
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Article542 1979-12-11 11 SOUTHERN Malayan Tin Dredging (M) expects production in the current financial year ending June 30, 1980 to be lower than the 38,468 piculs of the year just past. Chairman Raja Badrol Ahmad said in the latest annual report that all the dredges at Tanjoog Tualang will542 words
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Article439 1979-12-11 11 Cnrrent Ex Booka Date Total for Total for Payment Date Cloee Payable the year Previoua year C Sugar* 10% Nov 29 Dec 11 Dec 21 15* 12* Ial Pen 10* I Nov 28 Dec 8 Dec 21 10* 228* U I C 20% Dec 3 Dec 8 Dec439 words
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Article98 1979-12-11 11 Company Particulars Ex Data Books Close Pub Text M U lad SEA Corp Teaerloh 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 1 for 5 DecS Dec 11 DecS98 words
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Article, Illustration488 1979-12-11 11 uacma §5K)@12»»» by HOCK LOCK SIEW SHARES in Wearne Brothers have weathered the company's uninspiring results rather well. With the share closing at $2-43 yesterday, it is unlikely that it will (all much further than the three cents it shed. Investors in all likelihood may have discountedby HOCK LOCK SIEW - 488 words
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Article34 1979-12-11 11 has been asked by the Kuala Lumpur Stock Exchange to give details relating to a Malaysian Business Times article that Malaysian Mining Corporation is to take a stake in the company.34 words
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Article34 1979-12-11 11 has been asked by the Kuala Lumpur Stock Exchange to furnish more information about the acquisition of the entire capital of 1.4 million shares in Yardstick Holdings by its subsidiary Tumbuk Estate.34 words
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Article51 1979-12-11 11 unau- dited group net profit $13.67 million ($17.10 million) for the year ended Sep 30 on turnover of $346.60 million ($350.68 million). Parent company net profit $8.37 million ($8.23 million). Final dividend 12 cents gross (same), payable to shareholders registered on Jan 18, making a total of 1751 words
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Article33 1979-12-11 11 is to pay an interim dividend of 5 per cent gross (3.5 per cent on the capital before the one-for-one bonus) on Jan 22 to shareholders registered on Jan 10.33 words
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Article81 1979-12-11 11 has accepted offers* for a total of 22,103,000 shares of $1 each in Permas Jaya, representing 81.1 per cent of the paid-up capital of Permas Jaya. Bandar in turn will issue 14,814,375 of its own shares in exchange, the exchange being on the basis of $1.60 per81 words
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Page 11 Advertisements
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Advertisement618 1979-12-11 11 r" y "t t' P Total War: P Calvocoressi and G Wint Total War was designed by its authors to show a rising generation why the Second World War happened and how it was conducted. In this bold feet of compression they give es much stress and space to political,618 words
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315 1979-12-11 12 BANDAR Raya shares have been revalued at M 51.60 each compared to its originally proposed $1.40 under the terms of a share exchange with various vendors for shares in Permas Jaya Sdn Bhd. The new value has received the blessings of the capital issues315 words
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Article136 1979-12-11 12 Reuter THE BILL on the proposed Commodities Trading Act 1979 for the establishment of the Kuala Lumpur commodities exchange will be presented to Parliament for debate at its next session in March 1980, Malaysian Primary Industries Minister Paul Leong said. However, the postponement will not affect the preparatoryReuter - 136 words
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Article, Illustration45 1979-12-11 12 Former Kampuchean Premier Pel Pet (left) at his Jangle headquarters .la western Kampuchea with his former Minister leng Sary and Mrs leng Thirit, Minister of Social Welfare. This picture was taken on Sunday. Mainichi photo via UPI Mainichi photo via UPIMainichi photo via UPI - 45 words
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Article372 1979-12-11 12 AP A GLOBAL hunger crisis is likely over the next 20 years that may pose even greater problems than current energy woes, a US Presidential commission said yesterday. Even after three straight years of good harvests, hunger around the world is still growing, the panelAP - 372 words
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246 1979-12-11 12 UPI THE Carter Administration is being pressured by oil-rich Saudi Arabia to reassess its investigation of possible price-fixing by domestic and foreign oil companies in West Asia, the Washington Post said yesterday. The Saudis are displeased because financial information they consider private is being soughtUPI - 246 words
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Article818 1979-12-11 12 LONDON, Mon. Share prices closed slightly higher in minimal activity ahead of banking figures due tomorrow, dealers said. At 3 pm, the FT index was up 1.0 at 416.6. Lucas was a firm feature gaining 8p to 223p while most equity leaders were a penny to 3p firmer818 words
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163 1979-12-11 12 Reuter JAPANESE certified exports fell by 3.1 per cent in November to U559.32 billion (5J19.5 billion) from $9 62 billion in October, but were up 9.6 per cent from 18.50 billion a year earlier, the International Trade and Industry Ministry said yesterday. In yenReuter - 163 words
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466 1979-12-11 12 TELECOMS said yesterday that it has turned down the offer of assistance of a specialised British Post Of. fice consultancy in developing its computerised data system. The statutory board said it was not using the facilities of Telconsult, an international consultancy service provided by466 words
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Article178 1979-12-11 12 A REDUCTION in the import duty for Malaysian-made "off the road" (OTR) tyres will be recommended to the Indonesian, Philippines and Thai governments by the Rubber Industries Association of South-east Asian Nations (RIASEAN). It called for tariff cuts on OTR tyres which are not manufactured domestically178 words
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257 1979-12-11 12 A LOCAL manufacturer of electrical components has set its sights on the Brunei market as part of its expansion plans in this region. The company will begin with door-to-door sales of vacuum cleaners, said Mr Harry Eriksson, senior deputy managing director of the257 words
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Page 12 Advertisements
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Advertisement151 1979-12-11 12 U5520,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 14th December 1981 THE MITSUBISHI BANK, LIMITED (Singapore Branch) A In accordance with the provision of the Certificates, notice is hereby given that for the six months interest period from 12th December, 1979 to 12thjune, 1980, the Certificate will carry151 words
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Advertisement42 1979-12-11 12 m YOUR CHILDREN pw TWAH TytfCSffiggg^^M CPACECRAFT W 2000 to 2JOO AD I TlK'Ntniits'lliiH's tthCMt CCUeCTDN .\fclno 1 "f fk lf;J JPMI I I TT •+f f M I'/ 'I •*r f> 4 $19.15 ■W timiAH TftAM Amu&im, amSMT Battles VINCENT MCAit42 words
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Page 12 Miscellaneous
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Miscellaneous60 1979-12-11 12 WEATHER? Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair. R«P»rt for 24 hears prler to 7M p.m. m Dee If at ue airpert Maximum temperature 31.4 Associated humidity 62 Minimum temperature 23.4 Associated humidity 95 Hours of sunshine 7.0 Rainfall in millimetres 2.0 Total rainfall for60 words
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SHIPPING TIMES
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PORTSIDES
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Article63 1979-12-11 13 THE SINGAPORE Refining Company will carry out dredging work off Pulau Merlimau from Dec 14 to 20 as part of its expansion project. Six craft will be used in the operations and each will display the appropriate international day and night signals. Mariners are advised to keep a63 words
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Article55 1979-12-11 13 Reuter STANDARD Oil Company of California (Socal) said its subsidiary, Chevron Transport Corp, has ordered two 35,000-dwt tankers for use in its international trade. Socal said the ships will be built by Mitsubishi Heavy Industries at Kobe, Japan and will be delivered in September and December 1981. TheReuter - 55 words
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Article69 1979-12-11 13 Reuter THE LONDON Tanker Brokers Panel has announced that the weighted average world tanker freight rates assessed over the period Oct 16 to Nov 15 are as follows (with previous month's figures in brackets): General purpose worldscale 296.3 (299.7), medium range worldscale 246 (244.3), large range oneReuter - 69 words
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Article62 1979-12-11 13 AFP THE FIRST cargo vessel built by Spanish shipyards for a Chinese company has left Santander, North Spain, for Shanghai. The ship, the Tianmu Shan, built for the China Ocean Shipping Corporation, left carrying a cargo of caustic soda produced by the Solway firm of Santander. China isAFP - 62 words
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559 1979-12-11 13 RAHIM KASSIM - By RAHIM KASSIM DESPITE the rigid import restrictions and cargo inspection schemes imposed by the West African states, yet another shipping line will join the Far East-West Africa trade this month. The latest arrival is the Rotterdam-based Jeco Shipping Line 'which has559 words
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Article561 1979-12-11 13 8htpptag LJm Page Cal Adriatic IV 5 Afea VI 3 Alfred CTS IV 5 All trans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 APL m 4/5 Argentice IV 4 Arya Nat vn 1 ASCL m 1 Asia America IV 5 Asia M e561 words
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Article, Illustration284 1979-12-11 14 THE MMSMwt taaker Ottm N. MlUer, nrMi by Ckevm SUpalag CMMiy, was la Semhawaag Shipyard reeeatly far her aaaaal dacldag tad repair M well M bMtallattoa af a m> erade «il waahlag (COW) system. The Übertaa-flag carrier •ailed la frem Etrtpttrt, Netherlaada, aad m decked284 words
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Article923 1979-12-11 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time or 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 following923 words
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Article1411 1979-12-11 14 RATHER quiet trading was seen in the North American grain sector of the chartering market last Friday. A vessel was secured for 63,000 long tons from the US Gulf to the Continent at US$l7 (fio) and a smaller vessel from the Gulf to Jakarta at 139.15 (fio), both1,411 words
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834 1979-12-11 15 Fairplay THE 1979 Europort Exhibition and Conference, held in Amsterdam recently, was the occasion for engine builders to return in force, as they usually prefer to go to the SMM Mbow in Hamburg in the alternate years. Hie current topic of conversation amongFairplay - 834 words
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Article197 1979-12-11 15 THE AKER Gmp is m« haplag to gain a fsathald tor fa tore basiaess la the US. Ito latoattoa is to effect this thraagh the receat takeover sf a small shlprepalr yard ia Hmstoo, Texas. This sammer, a subsidiary sf the Aher Grsap, Nance Services197 words
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264 1979-12-11 15 SHIPOWNERS can expect to see greater volatility in the bulk carrier market, according to the monthly magazine Lloyd's Shipping Economist. In a report which looks at the future of the dry bulk trades, with particular emphasis on the effects of the operating pattern264 words
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190 1979-12-11 15 Reuter THE continuing cutback in oil suppDes throughout the world has created further problems for the industry. There.is some apprehension that a surplus of large tanker tonnage will still be seen in the next year if no alternative sources of crude oil are found,Reuter - 190 words
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Article, Illustration389 1979-12-11 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Daiyu Maru (Tanker) (0600 bulk soya bean subj. gas free) 16 Dong Yun (0001) 45 Hakubasan Maru (0700) 40/ 41 Kota Rukum (after Patagonia Argentina) 10/11 Nedlloyd Steenkerk (after Nedlloyd Amsterdam) 45 Nichiyo Maru (Tanker) (0600 P/O Subj. gas free) 15 Stolt389 words
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3981 1979-12-11 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 of3,981 words
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Article, Illustration39 1979-12-11 20 THE USS PHOENIX (SSN 792), the Ofth naval ship to be christened er stste capital city, was launched late the Thames t~nf F last's Boat's constructions ways In Groton, Connect• lent, last Saturday. UPI photo. UPI photo.UPI photo. - 39 words
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Article229 1979-12-11 20 Liner profile... AUSTRALIA Straits Container Line (ASGL) operates between South-east Asia and Australia as part of the Anro consortium. The other members of the consortium are Australian National Line, Neptune Orient Lines and Nedlloyd Lines. A fleet of three container vessels, each with a capacity for229 words
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470 1979-12-11 20 THE LATEST set of statistics on ship costs around the world, published by The Salvage Association of London, shows very large increases in repair costs in some areas where increases have been low over a number of years. In fact, in some470 words
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161 1979-12-11 20 AFP NINE joint feasibility fishing projects involving 68 foreign squid vessels have been approved to operate in Australian waters in the 1979/80 season. Two of the projects operated earlier this year, involving 19 Japanese ships off Tasmania, Victoria, and South Australia. They took more thanAFP - 161 words
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Article1396 1979-12-11 20 WHO ACTS FOR WHOM The leading shipping lines operating from local ports and the agents who handle eargo bookings for them. A B Adriatic Caatalaer Container Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Alfred C. Twffer Intermodal (S)/Marintex Enterprise (PK). Alfred C. Twpter ScMffahrt New Orient1,396 words
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Page 13 Advertisements
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Advertisement489 1979-12-11 13 SHOFUKU LINE Full Container Service Straits Taiwan Japan See Page VI Column 3 for Sailings S POHf AGfNT SHOFbK.U AGENCIES (Si PTE LTD 7(11* HGOR OCEAN BUIIDING. SINGAPORE 1 MARKE IING *****? <3 t IN.ES» Gf NE RAL *****1 (M UNESI TELE* RS .'4SSS RS A E CARSHIP CABIE "SMOI489 words
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Advertisement251 1979-12-11 13 SEALORD ANTAf 1 n mi L m UASC UNITED ARAB SHIPPING CO SAG) GULF WEEKLY MULTI-PURPOSE SERVICESL S pore J Loading for r.i^vifiiai mmm FULLY CONTAINERISED SERVICE S pore Loading for Dubai (7/1), Dammam (9/1) Dubai (19/1). Dammam (21/1) S pore Loading for SULOM) swrw AGENCES (Itf. Na. 242K5/00C) 3*o251 words
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Advertisement453 1979-12-11 13 NEPTUNE ORIENT LINES LTD FAR EAST EUROPE FULLY CONTAINERISED SERVICE S port P Mm C CONTMCR 18 Ok 20 Dk S S SRDGE 25 Ok 26 Dec N CORAL 3 ton 4 to* JAC£J* 7 ton 8 to* N PtAtt 13 ton 14 to* ore P Mar* Havre R dam453 words
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Advertisement543 1979-12-11 13 Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. wm LONDON Freights CONTAINER Schedules SHlf*B la Part SHIPPING List REGIONAL Weather WHO Acts F*r WkMi MAERSK LINE ni-in t.'V.'i.l I Em^3 Lracaiaac ■m MM Sated 10-11/12 ADMAN MAERSK* Macnk PWo 10-17/12 17-11/12 ALVA IMERSK Ma** Ramto543 words
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Page 14 Advertisements
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Advertisement503 1979-12-11 14 LEO SHIPPING PTE LTD SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN. BERHAD. P KELANG PENANG L w> MALA YSIAN MTERNA TTONAL SHPHNG CORPORA TION BERHAD EXPRESS FULLY CONTAINERISED SERVICE WEST BOWy. HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 Mm Accepltag ftr 1) Barcelona, Genoa. 2) Amsterdam. Antwerp. LHawe. Bilbao Basle. U*.503 words
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Advertisement164 1979-12-11 14 SUPERCARRIER SERVICE WEEKLY SERVICE FROM US ATLANTIC/GULF AND E. CANADA t*u wssas BOTH IT BBS TDHMM. GOOOWN 47 WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA BAWEJ Tiff *11/1 I 16-18/1 I 17/2 22/2 24/2 *29/2 25/2 27/2 *30/2 3/3 «a later 'CI Cartateen aft tm visas sam164 words
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Page 15 Advertisements
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Advertisement968 1979-12-11 15 Overseas I II Containers Limited Weekly service to/frorfi UK/Europe CONTAiPtSHP «B TO UK/CfIWIMWI: Tabyo Bay 14 Ok Tote Exprro 20 Ok Bay CSy ft Etfctafti 27 Ok Imp Man 2t Ok Keaden Bay On Hn 5 Jan Ml Mara 11 Jan Thanes Mara 21 Jan COHTMOSHP gmUCt FJK tTteri Bre«n968 words
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Advertisement630 1979-12-11 15 TRUCONTAINER EXPRESS INTERNATIONAL (S) PTE LTD Suite: 1311 SHAW TOWER„jßeach Road, SINGAPORE 7 Regular Container Service accepting FCL/LCL Cargo for New Mini Auckland, Wellington, Lyttleton, Dunedin Australia Sydney, Melbourne, Brisbane, Adelaide, Sri Lanka Colombo i i Europe end UX Call *****81 Container leasing tervices BICCU CONTAINER FLEET MANAGEMENT SA Transcontainer630 words
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Page 16 Advertisements
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Advertisement769 1979-12-11 16 Hapag-Lloyd FULLY CONTUCMSCD TO EUROPE Bay T«tUi Eiprnt Cardfcaißa? >NrtM Bay Eft* Mm 13/1? 114/12 120/12 EXPRESS CONVENTIONAL TO EUROPE S pmt P Ketang Pen Bftao Emu Htwi Br ItoMfctaki 12/12 16/1? 6/1 22/1 20 Swim HT**j Bremen kdam Mwp 6/1 22/1 20/1 16/1 14/1 Betwi 21/1? 23/12 H/i u/i769 words
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Advertisement471 1979-12-11 16 BBKRA (1979) SaM BEL ABBES (1979) 19 Dk BECHAR (1971) 21 Dm cn a n Algerian National I me wot bow) m us\/mnmMV* service STORE PKIANG LOMMC FOR 9) SaM Bw*ay/Sete/V*K<a/Tiw/ 22 Dk Uk/ Valencja/Anaba/Twfe/ 31 Dk r n/Sete/Vataiba/Twß/ BOURA (1971) IS Jan 13/14 J» Kite/Yakdwia/Mro BBKRA (1979) 15 Feb471 words
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Advertisement356 1979-12-11 16 (7) EVERGREEN LINE FAR [AST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTWG CARGO FOR HAMBURG FELIXSTOWE ROTTERDAM ANTWERP IE HAVRE ALSO ACCEPTWG CARGO FOR UNITED KHGOOM SOUTHAMPTON. lONOON MANCHESTER. BIRMINGHAM BRISTOL LIVERPOOL. GLASGOW. LEEDS WEST GERMANY gftEMERHAVEN HOLLANO AMSTERDAM S'pre hMlw l*ttwd«i Mm? L* ttaw i 26 Ok 28 Dec 31356 words
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Advertisement730 1979-12-11 16 I Everett Lines/ 1 m Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON r*n i -*22/25 »K (*■*TTh-^ h -I t n «<r) ***21/31 D(c 1/4 A B F.S.S.C Aa«oH m Moloyvo TEPS MALAYSIA Port Ketong T«(Ti8)-7355 Penong T«l *****/***** w Compania Argentina Da Navagacion Intarcontinental S.730 words
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Advertisement560 1979-12-11 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHENTON WAY MISTRI ROAD SINGAPORE 2 TEL *****44 7 *****70 131 SANKYO LINE AUSTRALIA SERVICE P. Kcianf Singapore Loadng for I 11/23 Dk 24/25 Dec ADEL, SYD 23/25 Dk 21/22 DK SYD. MEL -13/14 Jm 10/12 1m560 words
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Page 17 Advertisements
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Advertisement838 1979-12-11 17 L. VV PIL GROUP EAST AFRICA/REDSEA SERVICE J t Kdjn| 5/10 lan Mofamscio Men Hodndah Aqaba Dares Salaam Mombasa Mda*> Port Sudan Aqaba feddalv Aden Hodtidalv Aqaba COLOMBO/KARACHI/P. GULF SERVICE mm 30/5 Jan KOTASEJMAH ITXT/liDtc KOTA MM 5/10 lan Basrah Dubai. Kuwait. Karachi Dubai. Kuwait. Karachi KOTA rCTM 24/30 Ok838 words
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Advertisement672 1979-12-11 17 FJK* BEN LINE CONTAINERS EXPRESS COHTWO SERVICE TO/FROM £UROPE II Trtye Bjy TaMa Eipress FROM nam H BURG b mven k dam havw soton M Ormjny Aestru Benekn franct MUK P Kelan{ S pore Fer <w Mm SM W bM bM SaM 15/12 17/12 HK. nun □bTkbra SjM SjM bM672 words
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Advertisement570 1979-12-11 17 Scan Dutch 9 T4*llVTi3A'ilta LVi 11: i»* i«i T u»Ti 11 fi:: <VJ OUMCAPENAGA MMA QNtM MUKMH MM OAN.IA Limrfaol. U1 Caaprj I fM» I) M 21 Uw J) Hterj 4) GM| *J*J a/12 30/1? 1/1 J/1 >Vl2 2/1 J/l «/l 10/1 9/1 14/1 15/1 17/1 V| lft/1 21/1 22/1570 words
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Advertisement667 1979-12-11 17 BOUSTEAD agencies LOADS FOR E. ft S. AFRICA OOUT SOU (Reunion Durban Ctoom. Pitta, t London) S pore I* Port/15 Dec P talang LVKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) Sine apart f MALLORY LTKES (*di I lea*) 23/25 Dec 7 Feb IMSON LTKES (dkch)667 words
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Page 18 Advertisements
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Advertisement790 1979-12-11 18 > K line KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA rro FEEDER VESSELS* P* V WHO VESSEIS Tl U U At. 14* 13/12 U/12 Amman Mm 5/1 15/1 U« (at* Bridge 29/12 taruw M|* 29/12 C*xw Act 14N 15/12 11/12 taaria Mm 5/1 15/1 Mmm Mara 1/1 New timy Mara790 words
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Advertisement594 1979-12-11 18 E.C./GREAT LAKES 10MME FOK; NTH TQM. HOBFOU. MONTKAI. CAUFtBNA/PACnC NORTH WEST SERVICE Lm*« tar LIB MfiEUS. SM RMKBCO. SEATTLE. TACOB*. MKOMR. IC EXPRESS CONTAMEI/CONVENDONAL/ REEFER SERVICE "S O. WMPUR SO NAGMJWD SO Pnani P Ma»| Support L IS/U to 20 F«k 21/72 lan 23/24 tax 25/26 to lib 12/13 Nv594 words
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Advertisement292 1979-12-11 18 O i'\ (ivoilll SINGAPORE SHIPPING AGENCIES PTE LTD 'IULf U'.t AS Bj>LD NG SN'v* p O p l VfiH'JTiNG 9• 3, M s GfSfOAt jiU'i .'4 I'htS Tt.M «S OS «SSf.g A B ARSMif tBJ (A"(ivSH>P ioiit.iiitcr Linos WEEKLY CONTAINER SERVICE to/from BANGKOK DSR LINES=^L S P«" P Um| Pcnanf292 words
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Advertisement566 1979-12-11 18 GRANARD LINE RED SEA/MEDITERRANEAN SERVICE run ri*« NH« MX VALENTMA V 339 14 DK -T^ m.v. columns mm *.34i lIO*ILV. MAN SMC V.35V- II 1m t tcarmt comma amo -rami M.V. MRU SMC. H.V. MAN Of OMB V.29E In fart 310K Jedd ak/P.'Said/Meundru/ Beirut P Sari/Alexandria/ Barut/lattaku Busafi/Keehwg/Hong Kong Yotohama/Busan566 words
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Advertisement500 1979-12-11 18 UIIAI A iilU AliVlUD| 11| If If t INTRASEA (PTE! LTD. PnhPf House 234E O'Chafd WoacJ Siraapore 9 Telephone *****11 *****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE ypmt P. Katang K3 SaM kM MM 19 Ok 23 OK VICTOR M 67 121 m 17 tai "■tai/TWr (Am) Bealegae/Tilkary (*»K)500 words
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Page 19 Advertisements
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Advertisement286 1979-12-11 19 g UNI-OCEAN CONTAINERS (PTE) LTD 'iTiJfjilni .if i 2 3 3 BETWEEN SINGAPORE/INDONESIA UNCON VIOS UNCON VUS UNCON VI2S UNCON VI3S SPORE Saied 15/16 Dec "24/25 Dec 2/3 lan JAKARTA Saied 18/18 Dec 27/27 Dec 5/5 Jan SURABAYA 12/12 Dec 20/21 Dec 29/30 Dec 7/8 Jan bookings 14th FIR. UMBO286 words
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Advertisement270 1979-12-11 19 SOON SENG GROUP Regular Service To East M'sia KUALA LUMPUR Soon Sang Shipping Sdn Bhfl ,'3 .d'an Me Jyu > 03 0?62'4 926C?0>1f« PORT KU»NC A.vnt SINGAPORE I »>ht tfhcotrad Shippnj Mi PENANG So« Hup Song 165 Victoria Street T«l 04 *****/***** CaDle SUTjIfNO <*■ I GANRY LINE Express Service270 words
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Advertisement247 1979-12-11 19 DONG SUE LINE EXPRESS FULL CONTMNER SERVICE BY KOREAN FLAG VESSEL -{*5 KEELIME MOON MUM HMEMC U.(M M/ 79 22/21 Dk 29/39 Ok 2/3 km V« km HMKMG GLORT V.l/ 99 H/29 km *km 29/39 km 1/2 F* EXPRESS CONVENTIONAL SERVICE TO KOREA BY KOREAN FLAG VESSEL P Ketone S247 words
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Advertisement119 1979-12-11 19 NOTICE The Port of Oakland has a decided advantage in sending inbound shipments to inland U S destinations Because there are three transcontinental railroads virtually waiting at the dock With railroad marshalling yards just minutes from the marine terminals, we can move your cargo without delays and help shorten the119 words
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Page 20 Advertisements
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Advertisement40 1979-12-11 20 Looking for EXECUTIVES S PROFESSIONALS.. (_J Reach them at their homes through the appointments page in Sunday Nation reaches 60% of the English literate executives and professionals in Singapore. For more details please call Francis Ng at 284-8844 Ext. 335.40 words
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Page 20 Miscellaneous
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Miscellaneous160 1979-12-11 20 WO4 CLOUDY 20N STI n n Regional Weather a a A A I X N U z* m m «yi ■4 X SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: Centre of Tropical Depression, maximum wind speeds 22 —33 knots. N I— N Direction of movement Gentry160 words
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