The Business Times, 12 December 1979

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. IM/1/7J WEDNESDAY, DECEMBER 12,1979 50 CENTS
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  • BRIEFLY...
    • 97 1 KUALA LUMPUR, Tues. Malayan United Industries announced that it has acquired a 12.18 per cent interest in Central Sugars through two subsidiaries, Tong Bee Realty and United Continental Insurance. The company said the two subsidiaries have together purchased 2.928 million shares in C Sugars at a
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    • 87 1 UPI LONDON,Tues. Gold soared to new record levels in London and Zurich today on renewed concern about oil prices. The US dollar fell back in Europe. Gold jumped US$B in Zurich to US$439 and rocketed by U5511.75 overnight in London to open at U*****.25 a record opening price
      UPI  -  87 words
    • 100 1 Reuter HONGKONG, Tues. Stock prices in Hongkong today hit their highest level for more than six years, fuelled by a wave of local speculative buying, dealers said. The Hang Seng shares index surged 15.56 points in the day to top the 800 level for the first time
      Reuter  -  100 words
    • 80 1 AFP JAKARTA, Tues. The Government today indicated that a vote would probably be taken in Parliament to break through the current deadlock in the election bill debate between the Government and the Indonesian House of Representatives. Voting could take place, Home Minister General Amir Machmud told newsmen after
      AFP  -  80 words
    • 68 1 Reuter TAIPEI, Tues. At least 41 police officers, including a Major-General, were injured in overnight rioting in the Southern Taiwan port city of Kaohsiung, police said today. They gave no figures for the civilian casualty toll or arrests after a day of clashes between riot police who
      Reuter  -  68 words
    • 75 1 AP NEW YORK, Tues. Stock prices edged lower this morning as the price of gold hit a record high in Zurich. The Dow Jones industrial average slid 1.87 to 832.00 in the first half hour. Losers slightly outnumbered gainers on the New York Stock Exchange. Analysts noted that
      AP  -  75 words
  • 135 1 Rises Indices Selangor Dredg C Sugars G Ceramics 488 334 170 28 28 22 B.T.Index: Nov 10 Nov 11 2721.24 2771.29 Shangri-La 840 20 Industrials: 406.88 412.56 Utd Malacca 570 20 Finance: 758.16 761.38 Sovran 220 20 Hotels: 326.81 331.27 Pegi Maia Magnum Corpn OLE 187 430
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  • Article, Illustration
    161 1 Rises Indices Castlefield 1450 50 Nov 10 Nov 11 S. KJnta 960 40 B.T. Index. 3877.64 3948.34 M. U. Ind 340 +37 Industrials: 443.53 447.87 C. Sugars 336 26 Finance: 664.14 669.10 Hotel Msia 270 20 Hotels: 291.69 299.66 SEA Corp Tronoh 680 1040 20 20 Properties: Tins:
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  • 766 1  -  MISINTERPRETATION OF LAWS By MARGARET THOMAS THE Government will lose at least $50 million from having to refund taxes following a misinterpretation of tax laws. A Privy Council decision earlier this year overturned the Comptroller of Inland Revenue's reading of a section of the Economic
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  • 234 1 THE URBAN Redevelopment Authority (URA) has extended the closing date of its current eighth sale of sites to Jan 31. The closing date for enquiries has also been extended to Jan 4. A URA statement yesterday said the good response to the sale has prompted the
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  • 382 1 TOP AVIATION officials from Singapore and United Kingdom will hold talks next week in London to liberalise the present air services agreement between the two countries. The top item in the agenda is believed to be the review of the present allowed capacity of national
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  • 386 1 VALUERS and surveyors have begun negotiations on pooling their resources to upgrade their services to the real estate industry. The President of the Singapore Institute of Valuers, Mr Tan Kim Lee, said last night at an annual dinner and dance held at the Mandarin Hotel that the institute
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  • 254 1 THE pray battle between Singapore Shipping Agencies (88A) nad Bern nad Co is ever. 88A has decided net to proceed with a formal offer far Bea'i subsidiary, WanbNdag aad Traaspertatlea (WAT) as pluuml. Ik company made the fallowing aaaoaaeemeat yesterday: "Following SSA's earlier
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  • 465 1  -  By FOO CHOY PENG GUIDELINES for the use of the Skills Development Fund are expected to be announced later this week. This follows its formulation by the 12 member advisory council appointed by the Government last month. The council will probably reveal initial
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  • Page 1 Advertisements
    • 5 1 v. T| SINGAPORE business PvAitcallun
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    • 38 1 FRATA NEWS NVOC FCt/LCL CONTAINER SERVICE TO FOR RATES BOOKING CALL MR. TAN KAY HOCK MISS ROSALIND TAY MRS. JUDY TEO FRATA SHIPPING PTE. LTD. Suits 801,8 th Floor, World Trade Contra, Maritime Square, Singapore 0409 Telephone: *****04
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    • 56 1 SHIPPING TIMES INSTITUTE'S staid m the staaiard beildiag <*a tract I FIRST eempater enne f«r MANAGEMENT revetatfea at Ceifea-Geigy < LINGUISTIC peverty aai eeaWHY After matarlty term* fer CDs are safer beta I TONGKAB Barbear receastracP ARLLAMENT ye»tentoy It PLIGHTS S, TV AND RADIO CROSSWORD WHERE TO WINE A DINE
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    • 238 1 Internationally recognised as trend-setters. Leader...page f asean BusHessQuartarV Milcpi'tcautuiwid industrial ooonhzMtioo act Singapore's low-wage problem trade China's simply and demand for ASEAN's primary commodities Brief on dectronirt IQljustiy in ASEAN Malaysia as a "profit centre' Myth tad trial production Index Thai tourism: danger ot casting Revenue through tax how ASEAN
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  • TRADE AND INDUSTRY
    • 410 2 COURSES AND TALKS Dec 13-14: Computer Appreciation, Hyatt Hotel, Price Waterhouse Jan 2-Apr 9: Business Finance, Joint Campus, University of Singapore Jan 2-Mar 12: Law Relating to Real Property, Nisen Hut 6A, University of Singapore Jan 3-Feb 25: Digital Electronics for Microcomputers, Nissen Hut 10A, University of Singapore
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    • 487 2  -  By WANG LOOK KEAH THE French government is expected to approve before the end of this month the setting-up of the proposed Singapore-French Institute. The decision will be based on a favourable report filed by two French experts after their feasibility study.
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    • 90 2 OGILVY and Mather Singapore has appointed Mr Charles Leeeari MM as regional media director. Before his appointment with the agency, Mr Godbold worked in various capacities, including media coordinator (or Van Zil and Schultze, a division of Ogilvy and Mather in Johannesburg, media manager of Bates Wells
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    • 197 2 THE Singapore Institute of Architects (SLA) has again urged all architects and contractors to accept the SIA standard building contract which has been the subject of hot controversy. In its latest editorial, SIA said it had undertaken the task in rewriting the Standard Form
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    • 127 2 THE British High Commission has announced the following outward trade missions for the first half of 1980: Feb 8 to 14: South Wales Exporters Club. Feb 23 to March 1 March: Association of British Oceanic Industries. Feb 23 to March 8: Dundee and Tayside Chamber of Commerce
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    • 50 2 THE Singapore Cultural Foundation has approved an application (or financial assistance (rom Miss Chng Seok Tin to pursue a course in Advanced Printmaking at Hornsey College of Art (MkkDessez Polytechnic) in The Acting Minister for Culture, Mr Ong Teng Cheong, will present the award to Mis Chng today.
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    • 136 2 THE screen-process printing machine (above) made by an Australian company departs from more traditional labelling methods in that it prints directly on containers. Labelled the Silk-O-Mat 007-B by PA Tooling and Engineering, the standard model of the machine is ad- Justable to suit containers of a wide range
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    • 310 2 HITACHI Chemical (Singapore) will double its output of printed circuit boards to 60,000 square metres when its production line is fully automated early next year. The company is the local subsidiary of Hitachi Chemical, a leading manufacturer of printed circuit boards in Japan. The automated
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    • 318 2 MANAGERS interested in applying modern portfolio techniques to investment management can attend a seminar on The Coming Revolution in Investment Management, held on Jan 30 at the London Business School in Sussex Place. The seminar will identify the ma)or factors influencing asset allocation and examine
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    • 268 2 BRITAIN'S Viewdata system, which enables people to call up information from a computer for viewing on their TV set, has been bounoured as an outstanding contribution to innovation in engineering. The 61-year-old inventor, Mr Sam Fedida, and the UK Post Office which developed it, are this
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    • 407 2 MORE than 250 delegates will attend the six-day meeting of the Asean Chambers of Commerce and Industry (Asean-CCI) starting today. The meetings, of which the Singapore Federation of Chambers of Commerce and Industry (SPCCI) is host, ink elude the 7th plenary meeting of
      407 words
    • 64 2 AN industrial dispute between the Singapore Industrial Labour Organisation (Silo) and Hewlett-Packard (Singapore) will be decided at the Industrial Arbitration Court this Friday. The dispute concerns differences over the implementation of the savings scheme. Silo, representing the company's employees, said the company should not wait for one
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  • Page 2 Advertisements
    • 210 2 I if en r The next time you design your apartment, let the kitchen be the point When you get down to basics, you've got to agree that the kitchen is becoming an increasingly important aspect in selling a new house or apartment. Whether you're planning a large kitchen where
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    • 67 2 European Trade is our business. Our special European Trade Division, staffed by experts, is ready to help you with up-to-date facts, figures and information on all aspects of doing business in or with Europe. For all European Trade enquiries, call our trade specialist, Warren Tapp, on *****5. NUGAN HAND SINGAPORE
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  • REGIONAL
    • 463 3 Reuter INDONESIA'S state-owned oil company, Pertamina, has signed five oil-producing sharing contracts yesterday for exploration investments totalling U*****.4 million (*****.5 million) over the next 10 years. Three of the concessions are in the Natunal Sea area and the other two are in Irian Jaya. Mobil
      Reuter  -  463 words
    • THE REGION IN BRIEF
      • 460 3 Agencies FRANCE will give the Philippines 200 million francs in financial aid to set up rural electric projects, diplomatic sources said. It will be the first time that France has agreed to sign a financial protocol with Manila authorities. The project will be officially announced at
        Agencies  -  460 words
    • 65 3 The chairman of the Islamic and National Revolutionary Council, Mr Zia Khan Nassery (right), is seen at a mountain top outpost in Zabul Province in Afghanistan. With him is an armed guard. The chairman released this photo in New Delhi and said it was taken recently. His guerilla
      UPI photo  -  65 words
    • 129 3 CHINA said Monday that it has signed agreements with 16 foreign oil companies to conduct seismic exploration for oil in its offshore waters. The official Xinhua news agency said the agreements with the American, French and British companies were "currently being implemented' in the South
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    • 410 3 AFP THE Philippines needs a huge booster loan of US$l,200 million to help finance 11 large-scale industrial projects and bring its faltering economy out of the woods. Whether the World Bank and the International Monetary Fund (IMF) will grant this loan will depend on the
      AFP  -  410 words
    • 269 3 Reuter KIM Kae-won, former South Korean chief presidential secretary, yesterday denied that he was an accomplice in the assassination of President Park Chung-hee last October. Replying to prosecution questions at a martial court in Seoul, Kim also denied prosecution charges tht he deliberately delayed arrest of Kim
      Reuter  -  269 words
    • 137 3 MR Sanjay Gandhi, son of ex-premier Indira Gandhi, opened his personal election campaign yesterday with accusations that the government of Mr Charan Singh might rig the January national elections. Mr Gandhi, 33, has kept largely in the background during his mother's political comeback because criticism of his
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    • 188 3 UPI AMERICAN beef, undercutting Japanese retail prices by 30 to 40 per cent, was the top seller among 8,000 USmade goods displayed at a seven-week floating fair in Japan, Boatique America said on Monday. The sponsors for Boatique America, the
      UPI  -  188 words
    • 215 3 MEMBER countries of the Islamic Conference have been urged to set up zonal shipping conferences and export credit institutions to promote economic cooperation among themselves. The countries were also urged to consult other organisations such as the European Economic tyThe call was made during the second meeting of
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  • Page 3 Advertisements
    • 74 3 •r-;. <"4 X w H < > > M r¥ 4f. *A 3*, <!* V 4 £> a A >■ r**.v r > <8 *«c r se 1 i**T S»> v ■h" Author Dei teff? *p*- r $L', V Service Cent Location i, -r «.v MARINE SYSTEMS A fflUfttW COMPANY
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  • RAW MATERIALS
    • 691 4 NYT NO COMMODITY market analyst is ever at a loss to explain a market's behaviour after the fact; rare is the one, however, who can predict a price trend for a year ahead with accuracy. But Paul Sarnoff, New York director of
      NYT  -  691 words
    • 502 4 FT THE CHANCES for a new international cocoa agreement have receded considerably following the unexpected breakdown in London of a 60 national conference aimed at stabilising the cocoa market. Cocoa exporting countries took a tough stance and the Ivory Coast emerged as the firmest hardliners.
      FT  -  502 words
    • 266 4 THE Singapore rubber market closed slightly lower yesterday with January One RSS buyers quoted at 294.00 cents per kilo, down half a cent from the previous day's close, dealers said. The morning market lost 1.25 cents on reaction by some quarters to Japanese arbitrage selling, they said. The market
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    • 314 4 R.A.S prices In cents per kilo yesterday: Noon Close (per Ulo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt (.o.b. 81.00 292.00N 292.00 293 00N Int. 1 R.S.S. January 293.00 m y 294.00 294.50 Int. 1 R.S.S. February 296.75 296 2 296.75 297.25 Int. 2 R.S.S
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    • 114 4 NOON SSI I and SMR pricaa y atardayRXS Juurr rnrun ICwml Mtk) (•ran him (Forward Mtk) Bnyara flallaif SSR20 (1-ton pallat) 286 50 267.50N 287 00 288 OON SSR 50 (1-ton pallat) 282.50 284 JON 284 00 288. OON MRELB Juurr Pafcraary SMR CV (1-ton pallat) 308.00
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    • 150 4 CHICAGO Board of Trade wheat futures finished mostly higher on Monday, advancing up to US 4-1/2 cents a bushel but losing one cent in the thinly traded deferred December. Commission houses and an exporter were buyers of the nearby contracts in the day, possibly covering for recent export business,
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    • 31 4 Kubber: Dec 11 Singapore: January: 294.00 cents (down 0.60 cent) Malaysia: January: 294.25 cents (down 0.26 cent) Tin: M 52,123 (up $18) Official offering: 233 tonnes (down 36 tonnes)
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    • 92 4 THE Straits til price ii Pennng yesterday finned MSIB per pical te $2,13, to stead $173 above the latoraattoaal Tla Agreement ceiling, dealers said. Farther strong baying (rem the US and Earepe coa tribe ted, aided ay local and small demand frem Japaa. Deliveries eased bat were still
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    • 232 4 THE sugar market closed easier in continued quiet trading yesterday, with no trades done as on Monday, dealers said. January closed at US 15.10/30 cents against Monday's 15.30/50 close with distant October at 15.60/70 against 15.75/85 cents. The cotton martfft closed slightly easier in continued quiet trading with
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    • 362 4 MORE mark-down In prices was reported in a generally quiet and featureless Singapore produce market yesterday. Peppers were taken down by a further $2.50 a picul, this time the decrease applying to both the Sarawak as well as the Lampong grades. In the last two days, Sarawak peppers
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    • 334 4 SINGAPORE: Yesterday's closing prices in S$ per Idlo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.98, 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.
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    • 192 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattaa yui: China Blue Phoenix 20i 2.325. 32b 2,700, 40s 3,040 (per bale of 400 lbs). Piece km*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 54 4 CHICAGO Board of Trading soybean futures closed US 21/4 cents to one cent a bushel higher on Monday as locals rallied to cover short positions. Locals appeared reluctant to be short owing to circumstances in Iran, sources said. Crusher buying underpinned prices with little fresh news to give the
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    • 778 4 COFFEE: Robusta futures ended the opening call slightly easier yesterday, down £7 per tonne from Monday after initial gains of £5. Values rose initially in line with New York with March testing Monday's high at £1,700. But in subsequent mixed commission house and trade activity, values tended lower
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    • 77 4 CJ.F North European ports. In otherwise stated. LONDON: Malaysian 5* ffa bulk per tonne Jan Feb Sumatra 5% ffa bulk Dec Jan Feb Mch May Nigeria 5* ffa bulk stg pfiwwniy. US dollars per ton unless Fri Previous 647.50 645slr unch 652 >i sir 632'i sir 635slr MOslr
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  • ASIAN STOCKS
    • 219 4 DEC 11 Bahts Asia Credit Asia Fibre Ayuthaya Inv. And Trust Bangkok 119 144 -4 -3 Investment Bangkok Bank Bangkok Drying And Silo Bangkok Insurance Bangkok Metro- 198 330 unch ♦4 politan Ban Bangkok Nylon Bank Of Asia Bank or Ayudhaya Ltd 472 196 unch 1 Bata Berll Jucker
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    • 607 4 TOKYO Source: DBS-Daiwa THE yen rate increased to 231 to the US dollar on the Tokyo foreign exchange market yesterday morning. This sudden rise in the yen rate pushed up large capitalisation issues such as Nippon Oil, Hitachi and Toshiba. It is often said that appreciation
      Source: DBS-Daiwa  -  607 words
    • 321 4 Source: SHK Sec THE MARKET moved up to the 800 level on the index in active trading led by aggressive overseas and local buying of Jardine Matheson, which added H to close at HKJ15.70. Blue chips were generally better as were selected property shares such as Cheung Kong, Hopewell
      Source: SHK Sec  -  321 words
    • 184 4 A. C. L una* A. H. I. A p M una* Ampol B H P. una* Bank NSW Boral una* Brambles C. B A C 8 R. CoaJ AUKd Dunlop Ex Ind una* ana* I Herald Hooker LC.L Lend Lease Myer New* Ltd. OakDrtdce Pioneer Con. Repeo Roth mans
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    • 144 4 THE market closed lower across the board yesterday, with turnover dropping to 2.76 million peso 6 from Monday's 3.77 million, dealers said. CDCP, PLDT and San Miguel B lost ground, while unchanged issues included Baguio Gold, Marlnduque B, Philex B, Basic Petroleum, Oriental B. Phil Overseas. DEC U Peso*
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    • 49 4 FINANCIAL TIMES INDUSTRIALS Monday 419.2 Friday 415-8 Week Ago 418.5 DOW JONE8 AVERAGE INDUSTRIALS Monday ***** Friday 833.10 Week ago 810.62 H.K.HANG 8ENG Tuesday 800.04 Monday 784.48 Weeka«o 781M SYDNEY INDUSTRIALS Tuesday ***** Monday 550.58 Week ago 545.88 ALL ORDINARIE8 Tuesday 808.80 Monday 805.98 Week ago 888.95
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  • Page 4 Advertisements
    • 225 4 SINGAPORE LAND I y y zh i CHIEF EXECUTIVE OFFICER We, m the Develepmeat Mmger far Ike Marfan Centre development (URA sites 83, 84, 85 and 86), invite applications from Singapore citizens or permanent residents for the ultimate position erf CHIEF EXECUTIVE OFrICES of one of the Group's subsidiary companies
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  • OVERSEAS
    • 291 5 Reuter AMERICAN House of Representatives and Senate negotiators proposed a compromise US$3.3 billion Chrysler aid Mil that would require union contributions of only $400 million and might eliminate the need for a wage freeze. A spokesman for House of Representatives member James Blanchard said
      Reuter  -  291 words
    • 235 5 Reuter INFLATION, rather than recession, will be the most difficult economic issue in the US during 1980, the Conference Board's forum of economists agreed at its semi-annual meeting. In a report on the meeting, the Board said that since the last meeting in the summer,
      Reuter  -  235 words
    • 115 5 AP THE HEAD of Israel's diamond industry predicts a slight increase in international diamond sales as buyers continue to invest in diamonds as a hedge against inflation. But Mr Moshe Schnitzer, president of the Israel Diamond Exchange, (ears individual customers will have less to spend
      AP  -  115 words
    • 771 5 ARRIVALS Service Local Operator Number Time From PAA PA005 0125 NYC/SFO/HKG 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 SIA SQ2U 1000 HLP
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    • 454 5 Reuter, UPI US Secretary at State Cyrus Vance headed toward Italy and West Germany yesterday in attempts to tighten the ring of economic pressure around Iran. Mr Vance is scheduled to meet Italian officials after a day in which he had met British, Japanese and
      Reuter,; UPI  -  454 words
    • 159 5 Reuter GERMAN investments offer tbe beat potential in Continental Europe next year, while selected French shares should also perform well, Mr Roger Harnett, a partner of James Capri and Co of London, said on Monday. The stockbroking firm's adviser on European markets, Mr Hornett told the
      Reuter  -  159 words
    • WORLD IN BRIEF
      • 415 5 THE US Civil Aeronautics Board (CAB) Monday authorised Trans World Airlines (TWA) to increase by per cent its tares to European and West Asian countries. But the riaea, which will take effect on Saturday, will not apply to Greece. UNUSST to Uhya baa eaaaad mere eeneern
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  • Page 5 Advertisements
    • 301 5 Seiko World Timer Alarm TIME THE WORLD ATATOUCH! Quick reference to 2K world lime /ones. Multi-alarm function. 12-hour or 24-hour digital readouts. aler resistant. Superb quart/ at urac ■>( !r. (> t>! !Il4> \(>u h s.'im.r in mi llllt f•* iii.it\t ll( >u> 'inu•[ M»'< i •!\i' t i, tiit
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  • 555 6 IT IS encouraging that the advisory council of the Skills Development Fund is moving swiftly to lay down the ground rules for disbursements from the Fund. The sooner that the Fund is put to work, the greater the likelihood that Singapore will achieve its objective of upgrading
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  • 264 6 IT IS high time that the Government raise the salaries of certain professional officers in the civil service and also bolster the incentive schemes. The growing exodus of senior officers from the civil service into the private sector must surely be a reflection
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  • 2178 6  -  By CHRISTOPHER LORENZ FT IF EVER there was a perfect example of how the increased uncertainties of today's business life had prompted a multinational into the apparently paradoxical step of planning its future further ahead than ever before, it is provided by Ciba-Geigy. For decades,
    FT  -  2,178 words
  • Page 6 Advertisements
    • 84 6 Cricard) France's favourite bedtime snack. France's favourite bedtime snack k also her lovers* bedtime secret. Any wonder why M.Odi.'KX) bottles of Ricarc! are downed every year' You'll never reallv know til! you've trial Rieard yoursetl. This deeply mysterious, anise-flavoured liqueur refreshes. Titillates the palate. Stir one part Rieard with five
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  • Page 6 Miscellaneous
    • 1203 6 m Explanations and answers OS evening's 'Hw' prsimae an Ckuul I, i questions ym*ve ilwayi P i away ladles af sei-deflsable b snr- states). 8a bnsy bhe dnsh--3 prsh- (HMtly the kind tf yaaag Iw SINGAPORE 5 3.00 PM Opmtac folowed by Please Don't Eat The Daisies The Guardun (r)
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  • 1526 7  -  Oil rich Mexico has lined up a new economic strategy in its bid towards modernisation. But the plans have created grave problems in agriculture and labour, reports ALAN RIDING. The agricultural crisis has forced the government to import more than two million tonnes of grains this year. ALAN
    NYT  -  1,526 words
  • 783 7  -  FORUM With JOHN KOH THE BIBLE tells us that in the beginning was the Word. We do not know the number of words used then but in Singapore, one can safely say that most people get by on about a hundred in one,
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  • 124 7  -  Letter te the Editor Mrs J Koay Dear Sir Thank you for your article in the editorial of 8/12/79, "We Advocate Moderation". You have guts to spell out the ills of this affluent society which I too view with sorrow in my heart. As a returned
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  • Page 7 Advertisements
    • 375 7 •vv 1 »sK v~ 4 m 4 *f* >~■% lf> as* V'..r i® r :<r ?T HT>' V.'" •3 V. <<v ■M < vi The Markof Distinction. The New Swiss Line2oooExecutive Range from Dietheini impressive Functk>nal and flexible The new Swiss Line 2000 Executive Range offers clean, dear lines equally
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 274 8 DEC 10 Fr« CORBEILLE Alr-Llquide B 8 N Gervais Danone 4B2J0 an -15 -33 C 8 r (Thomson Csf) Cte Francalse des Petroles ***** 258 -U -s Compacni* Financier* compact* Generate 343-30 -23 Credit Fonder De France «*> Hachette (Librairte) l*> Machines Bull «alO Mlchelln (B) >2 unch -0J
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      • 82 8 FORWARD MARKET Acec OO -I -JO Arbed Ailur Bructn 1135 tao VE 1MB -4 •IS -u Canpac Coc£_ Dt Bacrm Chn JM 338 no 2115 -u ♦s 0 5 MOO 40 JS86 MO Hobok Petro Rjrl Dutch SkJro MO MOO 2TB UH> JO -M 5 unch Soc Oco Bel«
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      • 153 8 Alls Vm 417 J* S BAfif Bay H T Wbank Bt; Vbuk 14MB BUI nuo -A4 -I -U Rajwr MM 41 BBC mm unch BMW lflJM C&1M1U aw unch MAM -At Damaf 141 J* Deutach* Bank Dnatmr Bank Dt Tcnco Djrckerboff ST A Enka Oluia n>la«ha| MAM ISAM 86
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      • 116 8 Acllona BuIum Aluiul— Br. Brown Br. Clba Oelcy Br. Clba CWIC7 P C Clba Oat0 Rm CradK Sulaat Br Credit Sola* Rat EleklrovaU Br. Oaort* Flacher Br Olotous Pc Haro Br Hoffman La Rnrh* l/IO Holdarbank Br Intarfood Br a* unch il» -IS m unch m -m 1» -IS
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      • 191 8 DEC 10 FU ARM ***** -2.5 A hoi <3 17.20 02 Akao 8.10 -04 AMEV WIS0 -0.2 Amfii 116 JO 0.6 Amro Bank 85 JO 0.1 EWgo&s n»rk SO JO 92.00 -0J 0J BoU 66.50 0J BorsumiJ MOO uncn Burhmann 51 JO -0i7 Byenkorf 60 JO 0.4 Calve Del
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      • 78 8 Aaaoc den BkSlOfl Central* n»t Pirutder Ocn I mm Ob in Prt lUktoenU llalfu ***** -no on -t •000 -M0 MM .14 M00 -0» 2201 -m laaob -410 715 -4 273 -5-25 Macneu M Pf Mvtlil Brc M0 unch a -I 3B300 -000 Monlcdsn MotU BIO OU«t Ont oun
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      • 196 8 DEC M a Ahitlh. US *S Alcan «•'< <* Wi -S as -s MS *s n -s 1 BHA Corn BP can Ud sr. -s s S as +s as -s imp Red Lake Can Imp 8k Canpar -s Canpar Inn Ft Cartlnc 0*K«clc Comknco +S •S S Com
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      • 307 8 DEC 10 Rand INDU8TRIAL8 A Alpha t» unch Abercom AE And CI an as AMIC 1000 unch Barlows Cf Sugar TOO 1000 10 unch rfca 300 >10 Currte Finance 130 unch De Been Lnd ***** Ed con «0 MOO unch 1 ZZZ MS B ruftt Gam tan 1S6 unch
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  • Page 8 Advertisements
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    • 184 8 Where to wine, dine and entertain Vi fi fin -tt sr: F<)r banquets lor conrentu >ns For other functions of flawless finesse. l-'uru m 'M' ■\mj\t' SJ\K J <¥J riilni'\ I *i irk m -i-i H< m i *-»i i h >■-«• Catch Chinese seafoodat its best DayarnjgKt Each day
      184 words
    • 64 8 [~}$|($?+|+\/{@)|{`|<)|`=^^\]=[ "-*T t? '0 J i'lf# H'*' Hvust Miii 24 hours service Kings Coffee House >t .sis''s. '*-y£gjt_ w j v v!m VP;. Kfißr3 •a* V: W.^ •i ,-*i r*lhgl|y if f V r Celebrate your engagement, wedding, birthday or any other special occasion with speciality cake* by renowned pastry
      64 words
    • 56 8 LUNCH AT •j S "~r ,r ue T 0S ,<J <v> bu sJtvWi r 011 > ssitc tion :«es served HIMOS IST! HSATIOSAISIM.AI'OKf .11! D» v t« s, t X V h> h,..-"" 1 ith ..jit'...'" ll !l no J V* X c Fo/ suniptious local food ip Hotel TRIPRN
      56 words
    • 230 8 lii V L I r i Merlin's New Tavern Bar It's totally new. Painstakingly furbished to create just the right ambience forvou to unwind after a hard day's work, before dinner, or to round off a perfect evening. Enjoy happier happy hours from 5.00 pm to 7.00 pm. We have
      230 words

  • BANKING AND FINANCE
    • 603 9 Reuter BANK of America, the United States' biggest commercial bank, has joined the American banking industry offensive against Iran in suing for repayment of loans totalling more than US$3OO million (Ss6so million). The bank said its suit, filed last Friday in federal district court in
      Reuter  -  603 words
    • MONEY AND EXCHANGE$
      • 470 9 *THE Japanese yen was the wmost volatile currency on •the foreign exchange mar>»ket yesterday, with the spread as wide as 100 points £at one time. Generally, the W US dollar closed relatively ■•firmer against major cur*rencies. m Starting off at 230.50/00 the yen, the US dollar then eased
        470 words
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 9.2 per cent.
        22 words
      • 181 9 Asian rates ASIAN currency deposit interbank rates as at close on Dec 11: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US Dollar**Spot) Offer Bid 13 IV16 13 13/16 14% 14% 14% 14'/. 14% 14 V, 141/16 1315/16 13 12% 12 13/16 1211/16 1
        181 words
      • 44 9 RANGE of prices offered by discount houses on Dec 11: Overnight 3 to 8% Call deposits Clotiaf Baying 3-month Treasury bills OH 6 3 month Bank bills 8V. 8H 3 months CD 8H 8Vi 6 months CD 8V« 8H Source: National Discount Co
        44 words
      • 300 9 SINGAPORE gold futures closed sharply higher yesterday compared with overnight levels in moderately active trading, dealers said. Opening quotations were marked up sharply around US$7.5O per ounce following the metal's firmness in New York the night before, they said. The market then firmed a further $1 during the morning's
        300 words
      • 133 9 THE US dollar yesterday firmed sharply against the yen in active late trading to 234.60/235.40 on speculative liquidation of yen positions, dealers said. The dollar at one stage hit a wide 235.50/236.50 yen high and fluctuated erratically through the afternoon between 234.50 and 236.00, compared with an early 229.30/70
        133 words
      • 41 9 ZURICH exchange closing quotes on Dec 10: US 1.6120-6130 Stg 3.4946-4984 Can 1.3851-3865 Dmk 92.0692-1684 Dfl 83.2473-3635 Ffr 39.1907-2293 Bfr 5.6549-6614 Dkr 29.7180-7502 Nkr 32.1215-1510 Skr 38.3335-3664 Lit 0.1971-1973 Aus sch 12.7976-8157 Port 3.2090-2270 Spain 2.4125-4158 Arg 0.08-7/8-10-7/8 Yen 0.6915-6928
        41 words
      • 270 9 STERLING rose sharply in early trading yesterday to around US$2.1850/60 on short-covering after opening at $2.1780/90, in line with New York's closing 12.1785/ 2.1810, dealers said. The dollar came under selling pressure, dropping to 1.7430/40 marks after opening quietly at 1.7470/80, in line with Hongkong's late 1.7460/65. Market sentiment
        270 words
      • 171 9 THE US dollar for overnight delivery closed sharply firmer at 236.00 yen in erratic trading yesterday, compared with a 232.00 opening and 231.00 at Monday's close. This was despite central bank yen-support intervention, dealers said. Trading was hectic with volume of US$lO6 billion. The Bank of Japan sold an
        171 words
      • 63 9 AUSTRALIA NZ exchange quotes yesterday: US dlr 1.1109/1.1061 Sterling 0.5112/0.5053 Ninety day air mail buying rates: Sterling 0.5379 US dlrs 1.1639 Ninety day forward buying rates: Sterling 0.5208 US dlrs 1.1236 New Zealand: Reserve bank midrate: US dlrs 0.9944 Trading bank indications: Sterling 0 4550 0.4520 US dlrs 0
        63 words
    • 1329 9 E NEW YORK ►COMPUTER and takeover issues posted the biggest price moves as the j«tock market on Monday managed a "imall gain in moderate trading after ►being weak most of the day. Analysts said investors had little •-reason to be aggressive with the Ira"Jiian crisis unresolved,
      1,329 words
    • 255 9 Reuter SALOMON Brothers, an investment bouse in the US, said it expects US interest rates, which have eased in recent weeks, to rise again to new records next year. It said in its "1300 prospects for financial markets" that new post-war record
      Reuter  -  255 words
    • 150 9 THE SINGAPORE branch of United California Bank (UCB) has just hosted a foyr-day UCB and other Western Bancorporation banks annual Asia Pacific Area conference. Chairing the meeting was Mr John King, executive vice-president of UCB. Mr King is in charge of the bank's worldwide
      150 words
    • 84 9 Reuter THE EIGHTIES could become the decade of the bond markets due to cheaper money, as the seventies were the decade of gold, Credit Suisse said. In remarks prepared for delivery at the International Investment Conference in London, Credit Suisse executive vice-president Hans Mast
      Reuter  -  84 words
    • 580 9  -  By RUTH CHENG THREE-year floating rate certificates of deposit are recommended over five-year CDs in uncertain markets. This is the view of Mr John F Salmon, general manager of the newly incorporated Bankers Trust International (Asia) limited, a wholly-owned merchant bank of Bankers
      580 words
    • 284 9 Reuter THE LATEST set of major monthly UK financial and economic indicators should highlight just how little scope the Conservative government has for reducing interest rates before the end of February next year, most financial analysts said. Hopes of an early
      Reuter  -  284 words
  • Page 9 Advertisements
    • 210 9 L BEN AND ICOMPANY LIMITED 45 Spottiswoode Park Road Singapore 0208 Telephone *****11/*****11 Telex RS ***** Dear Stockholder, PROPOSED SALE OF WAREHOUSING TRANSPORTATION PTE.LFD.(W&T) We would like to draw your attention to the Extraordinary General Meeting of the Company to be held at 45 Spottiswoode Park Road on 19th December
      210 words

  • 1478 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. BECTION ONE INDUSTRIAL COMMERCIAL Acrnn (2-40B) (1) 2-38
    1,478 words
  • 161 10 SINGAPORE UNIT WJ 8T INCOME BOND UNIT prices tar Dm It) (CUMt f Income Bond keen) 1.17 The Commerce 114 2.27 u The Savins Find 1.40 148 S pore Prof Fund 0.96 100 S pore Sec. Fund 1.71 1J1 MARA BI MIPITKA S pore Invest Fund S pore
    161 words
  • 2714 10 Gr'» Gr'» Net 1979 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 240 +7 15.0 2.2 6.2 12.3 2 240 238 190 123* Alcom 196 10.0 1.3 5.1 26.1 148 110 Allied
    2,714 words
  • 1660 10 BID and offer prices officially listed and business 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. MMJBTRIAIS Aena(2.3oß) IfaaaeM (3.088 3 OSS) Alaaa (1506) Alex BeM (1 288)
    1,660 words
  • LATEST RESULTS
    • 49 10 has reported consolidated net profit of |5.78 million compared with 3.50 million previously, for the year ended August 31. Its gross sales stood at $59.1 million ($38.4 million previously). Batu Kawan will pay a final dividend of *10 per cent compared with 7.5 per cent previously.
      49 words
    • 55 10 posted an after tax profit of M 51.77 million ($1.44 million) for year ended August 31, on sales of $18.95 million ($14.39 million). The final dividend of 2.5 per cent gross (same), will be payable on Februafy 27 to shareholders registered on February 14, making a total
      55 words
    • 40 10 will pay an interim dividend of 8 per cent gross compared with 7 per cent previously for the year ending December 31. It will be payable on January 22 to shareholders registered on January 14.
      40 words
  • 728 10 A NUMBER «f Ana ipito —pi sa speealatlve Mk| la a filet bat steady Stock Exchaage sf ftfjpw ywtfriiy. la the preeess a few sf these ■hares were takea to their year highs. Oa halaace, the BMrfcet alss flalsbed geaerally higher f er beth faadaaieewlth the
    728 words
  • 556 10 FOLLOW through support buoyed prices moderately higher in fairly active trading on the Kuala Lumpur stock market yesterday. There was a discernable improvement in sentiment and investors were generally willing to trade despite continued uncertainties on the international scene. Opening prices were generally higher and
    556 words

  • COMPANY NEWS
    • 387 11 HONGKONG Tin slipped dismally into the red in the second half of the last financial year ended September 30, 1979, leaving the company with marginally earnings for the full year. Pre-tax profits of the British incorporated tin mining company fell by 5.3 per
      387 words
    • 154 11 SENTOSA PlywMd said Mr James Chew Kim Soon was appointed as an additional director of the comapny. As part of the overall plan to rationalise Haw Par Brothers International's corporate structure, its subsidaries, Motor and General Underwriters Investment Holdings, Tudor Equities and Haw Par Properties are being put
      154 words
    • 841 11 RECONSTRUCTION SCHEME TONGKAH Harbour Tin Dredging (THTD) will sell all its mining assets and transfer its leases in Thailand to a recently acquired Thai-based company for $12.85 million under a reconstruction scheme. The company, which comes under the fold of the giant Malaysia
      841 words
    • 442 11 A BIG setback in the second half, caused by -increased costs and competitive pressures, pulled Wearne Brothers' overall pre-tax profits down by about a fifth last year. The motor group earned pre-tax profits of only $24.86 million for the year ended Sept 30, 1979 against
      442 words
    • 202 11 Date Last Fnli Year Company Period Announced Net EPS Gross Pre-tax Inst year (cents) Dtv. Profit <$*•••) 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 20/12 1.6
      202 words
    • 132 11 NYT THE ektlrnfti af the Amerleaa Seearlttea aid Exehaage CimiMm, Hareld Williams, said the ageaey to nw Icrttag a aew campater system tolptJ to eahaaee rigaUeaatty Hi ability to ptttec tagMr Williams said la Waahlagtea that the aew eempatertaed market sarvedlaaee system, Mag designed by
      NYT  -  132 words
    • 465 11  -  By CATHERINE ONG PROVIDED the world political situation does not take a change for the worse, the Singapore stock market may just prove a lot of people wrong by taking off from the uptrend it registered in August/September. But to perpetuate the uptrend, it is necessary for
      465 words
    • 492 11 by HOCK LOCK SIEW THE SHARP upward movement of the stock market in the past few weeks has sent, prices moving across the board. Some, better than others. Now, it would appear, properties are in for a re-rating exercise. Property prices in general
      by HOCK LOCK SIEW  -  492 words
    • 441 11 Current Ex Booka Date Total for Total for Payment Date Clone Payable the year Previoua year PMR1 10*1 Dec 6 Dec 18 Pec 28 10* 20* Premium Hldga 6* I Dec 12 Dec 24 Dec 29 6% 12* Inchcape 4% I Dec 10 Dec 17 Dec 31 4*
      441 words
    • 109 11 Company Particular* Ex Date Book a Close Pub Text NUIk SEA Corp Temarion Shangri-La Sentoaa 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 Bonus Issue of 1
      109 words
  • Page 11 Advertisements
    • 148 11 ACT IMMEDIATELY Sime Darby Berhad share certificates will be despatched on Thursday 20th December 1979 to shareholders listed on the Sime Darby Holdings Limited registers on Wednesday 19th December 1979. If your Sime Darby Holdings Limited shares are not registered in your name or the name of your nominee by
      148 words

  • 335 12 IN PARLIAMENT YESTERDAY CENTRAL Provident Fund (CPF) contributions by workers over 55 years old may be reduced or abolished if evidence now being gathered shows that such contributions hinder the employment of these older workers. Indicating this in Parliament yesterday, Mr SDhanabalan, Senior Minister
    335 words
  • 766 12 LONDON, Tues. Gold mining shares were Sharply higher in moderate trading following record bullion fixings, dealers said. Other equities closed firmer with the UK banking figures having little initial effect on prices. At 3 pm, the FT index was up 3.5 points at 422.7. Heavier-priced issues were as
    766 words
  • 452 12 PROFESSIONALS in the Civil Service may soon have their salaries regularly reviewed to keep their pay scales in line with the private sector. This is one of the recommendations put forward by a ministerial committee appointed to study pay and career advancement prospects for
    452 words
  • 312 12 A NEW system of levying development charges for re-zoning or increases in plot ratio and density will shortly be introduced by the Ministry of National Development. In moving the second reading of the Planning (Amendment) Bill, Mr Teh Cheang Wan, Minister for National Development,
    312 words
  • 263 12 VOLUME on the Gold Exchange of Singapore is picking up again as the price of the metal begins to rise. Prom less than a hundred lots a day at the end of last year, daily volumes aire now near the 300-lot mark. Gold dealers said
    263 words
  • 259 12 THE recent property boom was a symptom of a loss of faith in paper currency, Mr Teh Cheang Wan, Minister for National Development, said yesterday. He told the Institute of Valuers at its annual dinner and dance, that regional instability and Iran's
    259 words
  • 39 12 UPI House speaker Thomas "Tin" (FNeil feeds President Carter a piece of his 67th birthday cake at a dinner on Mr CNeil's birthday. Looking on is Mrs (KNeil. Senator Edward Kennedy also attended the party. UPI
    UPI  -  39 words
  • 311 12 Reuter PREMIER Charan Singh's Lok Dal (People's Party) yesterday announced in an austere election manifesto that if returned to power it would ban construction of skyscrapers, breweries, casinos and luxury cars. The party also said it would prohibit the iqanufacture of what it called non-essential
    Reuter  -  311 words
  • 94 12 AP THE US economy demonstrated further resilience in November, further confounding predictions of a downturn. Total retail sales rose 1.8 per cent to US$77 billion (SH6I billion) in November, wiping out the 1.7 per cent drop in the previous month, the Commerce Department said Monday. "You
    AP  -  94 words
  • Page 12 Advertisements
    • 35 12 This announcement appears as a matter of record only IV DECEMBER 1979 THE SUMITOMO BANK LIMITED U5520,000,000 Negotiable Floating Rate U.S. Dollar Certificates of Deposit Due 9th December 1982 Managed by DBS-DAIWA SECURITIES INTERNATIONAL LIMITED
      35 words
    • 0 12 `\?>_>%],"&-],"((=*`\,_'[>*=,)(
      0 words
    • 133 12 1 uiai nr.mi: m with this 6E split The outdoor condensing unit powered by famous GE Climatuff™ compressor provides the cooling refrigerant while the quiet indoor console unit delivers cool, comfortable air without bulky, costly ducts. SiS II r lllillliiiiiiiii lIIIIICB i s rAi» i«r a <• i L s
      133 words
  • Page 12 Miscellaneous
    • 67 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Fair at first becoming showery in several places after midday. Report f*r 24 hears prtor to 7J9 p.m. m Dee II »t the alrpert. Maximum temperature 30.5 Associated humidity 71 Minimum temperature 23.5 Associated humidity 94 Hours of sunshine 5.80
      67 words

  • SHIPPING TIMES
    • PORTSIDES
      • 106 13 Reuter THE BIGGEST oil port on the Yangxi River has gone into operation at Nanjing. On the north bank of the river, the port receives oil from the Shengli oilfield through a 1,000-km pipeline for shipment in tankers to refineries along the middle and lower reaches of
        Reuter  -  106 words
      • 84 13 AFP AN AMATEUR radio operator alerted rescuers to the plight of a missing yacht after receiving a barely audible SOS signal at Durban, South Africa, on Monday. Radio ham Reg Sweet of Durban said he spent nearly a week trying to pick up signals from the missing yacht,
        AFP  -  84 words
      • 92 13 AFP NEW ZEALAND marine officials are investigating how a Panamanian-registered ammunition freighter, laden with explosives, holed itself on rocks just outside Auckland. The 1198-tonne Happy Runner ran aground on Sunday night at Shearer Rock after picking up its load of explosives at Motuihe Island which it had
        AFP  -  92 words
    • 619 13  -  By HSUNG BEE HWA NEDLLOYD Lines Intends to containerise its Far East/ South Africa trade by 1982. It is currently studying the market for newbuildings before it makes a firm decision to place orders next year. Mr K. Dirkzwager, the managing director of Nedlloyd's
      619 words
    • 602 13 Mppkiite Page CM Adriatic IV Ate* VI 3 Alfred CT vm 1 Alfred CTS IV 5 All trans VI 5 Alpac VI 5 Angkutan ANL VI i 4 1 APL m 4/5 Argentic* IV 4 AryaNat VI 2 ASCL m 1 Asia America IV 5 Asia Merchant
      602 words
    • 385 14 RESTRICTIONS in international transport insurance can increase the Co6t of goods and ultimately mean further charges to an importing country, a major British company insurer told a conference in London recently. Mr Harry Vines, general manager of the marine department of the Eagle
      385 words
    • 115 14 THE FIBBT stage af a sew caatalaer termlaal at the PaUah part af Gdyala kai aaw beea waptetei alter fear yean af caaatracttaa. It marks the apealag af the regalar rall-aa raU-aff jaiat veatare aet ap by the British Ualted Battle Carparatiaa aid Pan* Oeeaa Liaea, aader
      115 words
    • 926 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival Is advised by the Shipping Line/Agent and Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      926 words
    • 1438 14 GRAIN chartering was on an improved scale on Monday, with little change in rate levels. Bookings included US Gulf to Antwerp/Hamburg range at US$17.35 (fio) for December and from US Gulf to the Netherlands at $17 (fio) for December also from US Gulf to South Japan at $24.25
      1,438 words
    • 1138 15 ASK ANY intelligent youngster what he would like to do when he grows up, and the chances are he will name law, medicine or some equally impressive profession. Even among the adventurous, few would name seafaring as an ideal career. Negative aspects such
      1,138 words
    • 180 15 THE FEDERATION af Aseaa Shlpawaera I—n |> (tea (FASA) wUI Mi Ito fifth geaeral meeting la Baagkek from timmw to Friday. This uaul meetlag wUI hrlag together represeatatlvea af aatiaaaJ shlpewaera aaaadatleas la all toe Aaeaa cana tries. Papers aa shlp-fiaaactag, shlpbaUdlag aid
      180 words
    • 90 15 AFP A COOPERATION aeeard aa hydragraphlc sarveylag was sigaed la Jakarta aver tbe wcebead between tbe ladoaealaa Navy aad the (Jilted States Naval Oeeaaagraphlc Office (Navaeeaaa). Tbe agreemeat cavers the year I*l/I*l aad the area of tbe Maeaaaar Strait, between Mahmaatoa/Baraee aad Salaweal/Celebea. Tbe sarvey, which la
      AFP  -  90 words
    • Article, Illustration
      383 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Accord (Tanker) (after Stolt Sincerity P/O, subject gas free) 15/16 Chie Maru (Tanker) (1800 C/O P/O, subject gas free) 13/14 CS Valiant (Clinker) (2300) Dong Min (1500) 46 Gerbera (Ro/Ro) (0600) 1/ 2 Pateverett (0600) 23/24 Perlis (2359 tide) 20 East Sun
      383 words
    • 4165 19 SCHEDITI.E 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
      4,165 words
    • 715 20 AFP UNCERTAINTY crept into the freight markets last week despite Soviet charterers' recent interest in grain and sugar, as well as continuing enquiry by China and India. An exception was a spot grain fixture (or France out of the Great Lakes at about US$5 a
      AFP  -  715 words
    • 454 20 SHIPYARD Basic Safety ui Health Tralalag Ccarw Nov 23 to Dec 21, Singapore. Organised by the National Productivity Board in conjunction with the Ministry of Labour. Adam Traaspert: Leaking lata The Fa tare Dec 1012, New Delhi. Contact: Mr C.W. Rees, Transport and Trade Facilitation Secretariat, International Chamber
      454 words
    • 164 20 AFP THE REPAIR ship Dixie has Joined the US naval fleet cruising in the Oman Sea since the t«H« g American hostages in Teheran, the Pentagon said. The arrival at the over the weekend seems to indicate that the 23 US vessels, including the
      AFP  -  164 words
    • 1358 20 WHO ACTS FOR WHOM The leading shipping lines operating from loeal Crts and the agents who handle cargo bookings r them. A-B Adriatic Container Container Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Alfred C. Teepfer Intermodal (S)/Marintex Enterprise (PK). Alfred C. Teepfler Mlbkt New Orient Trading
      1,358 words
  • Page 13 Advertisements
    • 235 13 I:\vrcff Lines TMC MOST miQUKMT SAIIIMOS TO BAMOKOM MONCKOH6 JAPAN PtfSAH. hH Mm—Wp Corpn. t/A O»*or# S -*9ooo»» n-ii )6 Apoch VrOTt »rxro J4 "01 OCIC fro* T* 21 44 J \KI)1\I W I All SAIL/jyg Orient Overseas CoMicMieA Line. FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) KFTUK PEAK 17E
      235 words
    • 254 13 SEALORD LU ANTAI I H l UASC UNITED ARAB SHIPPING CO SAG) WEEKLY MULTI PURPOSE SERVICES S*pore J Loading for 17/12 Mina Qaboos (29/12), Dubai (1/1), Doha (3/1), I Dammam (6/1), Kuwait (10/1) FULLY CONTAINERISED SERVICE irwH 28/12 Dubai (7/1), Dammam (9/1), I Kuwait (11/1), Abu Dhabi (13/1), Bahrain (15/1),
      254 words
    • 224 13 NOL NEPTUNE ORE NT UNES LTD FAR AST EUROPE fUIIV CONT AiNE RISK) Sf RV! E lan rttom torn| Iw Aw* (fen 7Jm I fen 10 fen 11 Im 14 1m aOk2l Ok 13 fen 15 Im II fen* 111 m 171 m 20 Jm 3JM 4Jm 201 m 21
      224 words
    • 273 13 EUROPE/FAR EAST SERVICE See Page VI Column 3 for Sailings Aqi-nn SlN(iA p UH[ SHIPPING AGE NCIES PTE LTD MjKkHim. 9'n;? Gf neHat 913 m A V >.d f UHO ASIA t IS! SON BMC K t *****N Pki A\G 38*801 3•PfNI NG 6i/PI 2 I mm i LONDON Freights
      273 words

  • Page 14 Advertisements
    • 874 14 LEO SHIPPING PTE LTD SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN. BERHAD. P KELANG PENANG 41 M W(S MALA YSIAN NTERNA TK3HAL SHPPUG CORPORA "DON BERHAD EXPRESS FULLY CONTAINERISED SERVICE WBTBOUP: Feeder *P Kelang Vessel S'pore 1) Mseilles 2) Rdam 3) H'burg 4) Gburg B PtNAGA 15/12 NIHON 18/12 2/1 7/1 8/1
      874 words
    • 140 14 835 SUPERCARRIER SERVICE WEEKLY SERVICE FROM US ATLANTIC/GULF AND E. CANADA wn ISTOOE 22/1 1/2 1/2 16/2 11/2 no. 20/1 4/2 30/1 •11/2 16/2 •25/1 5/2 4/2 •19/2 •21/2 ftti 27/1 t/2 23/2 WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA 1 h Mi Fa I 4/2 4/3
      140 words

  • Page 15 Advertisements
    • 937 15 Overseas M B1 Containers Limited Weekly service to/from UK/Europe COWTMOSHP SERVICE TO UK/COWTHHT: COWTMOSHr Mgg FROM UR/COWTUIT i Mara It Ok 17 Dk 15 Dk »Dk 23 0* 11 la riUfren It Dk 2fl Ok 22 Ok 230k 27 0k Bay 24 Ok 27 0K 2» OK 27 Dk 21
      937 words
    • 597 15 Franco Belgian Services (F<ir East French Service with Belgian Far Eiisttrn Twines) ACf CONSORTIA nil cowmosw service to emkh C CONTMO II DK SWGAPORE P KEIANG te Hatre Rdarn H burg Brem Aiterp mi cqntmbbht sonnet from eumpe Ita 7ta II ta Ilia 14 lan N. CORAI 13 la* 14
      597 words

  • Page 16 Advertisements
    • 681 16 Hapag-Lloyd FULLY CONTMNEMSED TO EWOPf Spore P Kiimt Mam Mam T<* TO Bay lokn Eipress Carijan Bay City of IMu| K jiufj Mara Koaloon Bay fbe Mara 113/12 14/1? 20/12 22/12 27/12 28 12 3012 4/1 5/1 EXPRESS CONVENTIONAL TO EUROPE Spar* PKetanf Pen Mao Genoa H'bui Bremen (dam Antwerp
      681 words
    • 519 16 <» cn a n m. J mil ajy! j n I) —i Alqenan National line 3 iqents UNIPACIFIC TRANS TRADING AGENCY PTE LTD Tet 9U344 15 linesi SiN&APURE SuO Aqems ORIENTAL SHIPPING CORPN l Tel? 00:6 -J87b44 PENiNG Tei ***** C.C. LINE F.E/C. America Carribean Sea Express Liner SVC S
      519 words
    • 394 16 r 7\ EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR HAMBURG FELIXSTOWE ROTTERDAM ANTWERP IE HAVRE AISO ACCEPTING CARGO FOR UNITED KKG DOM SOUTHAMPTON LONOON MANCHESTER. BIRMWGHAM BRISTOL LIVERPOOL GLASGOW LEEDS EUROPE FAR EAST EXPRESS FULL CONTAINER SERVICE Spare Hm( Kenj Outj Puun (MtaM 21 Ok
      394 words
    • 912 16 1 EverettLines/ 1 Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE" LOADMG FOR RANGOON Spar* Platanf Pam* I ~22/25 Ok ST —24/31 Ok 1/4 la* BFS S C Agents «i Mokjywa TtPS MALAYSIA Port Kefcmg T«tf3B)-7355 Peooog T«( *****/***** Compania Argentina Da Navagacion Intercontinental S. A. C.I. F. "ARGENTINE NATIONAL
      912 words
    • 622 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHENTONWAY MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****70 ISI SANKYO LINE AUSTRALIA SERVICE P. Kelang Sngapare Loadng tar KYOTEN HMD 11/23 Dec 24/25 Dec MB.. STD WfIWE 23/25 Dec 21/22 Dec SYD. 18. HAT SKY 13/14
      622 words

  • Page 17 Advertisements
    • 626 17 L. VV PIL GROUP A EAST AFRICA/REDSEA SERVICE SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPOfIE SERVICES kota pernma KOTA BMTANG K PAH A WAN 24/27 Dec 22/27 Dec In Pt/15 Dec KOTA NAGA KOTA MULIA KOTA SMGA KOTA GAJAH 15/19 Dec biPt/14.Dec In Pt/15 Dec 11/21 Dec Pakistan National Shipping Corpn. Karachi Pan
      626 words
    • 810 17 \r hJ 1 BEN LINE CONTAINERS EXPRESS corn AMU SERVICE TO/FROM QUOTE Tftyoßay Ttka Eipms Crfiab) lM|l MB* ciqw n/i a/i 11/2 24/2 i\n 23/2 u/z ROM EUMH H BURG B HAVIN R DAM HAVK SOTON GtrmanyAustfia Benetui France MUK PKetong Spore fm Knwi lAarv SjM Salad Uri SaM Sa4ad
      810 words
    • 271 17 Scan Dutch 9 iVi i >m: 11i'I.ti »iau.VJ »]II WEEKLY EX BUNGA PtNACA lb/1? BUNG* ONIM 20/17 BUNGA PtNAGA a/17 BUNGA OAHLM 4/1 BUNCA PtNAGA 11/1 BUNGA OAM.IA 11/ l BUNCA PCNAGA 25/1 VTUKIM Lnarpodt. UK C«*T > EASTBOUHP FROM MED/UK/ Bas* S to. (OTT) kNDINAVIA Vlriß P UN S
      271 words
    • 578 17 r BOUSTEAD AGENCIES LOADS FOR E. ft S. AFRICA DOUT SOU (Rtvmoo Dortoon Clown ft Eta. E London) S pore ki Port/IS Ok P LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) Singapore P. Ketang Kuantan US GuN MALLORY LYMES (tfedt ft loads) MASON LYKES (dkdi)
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  • Page 18 Advertisements
    • 711 18 X c \V Kline KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA f *Vt feeder muh aho miatk on rnymt C«ft« ah* acceptable tor Oakland. Vancouver Portland Houston Galveston. New Ohevts Boston SI Wn PMadophu Norlo* BjKwn Sjvjmah lackionvte I accept*)! cargoes lo Scandnana na Hamburj FROM EUROPE TO FAR EAST
      711 words
    • 614 18 SO tMMPUN SO NAGALANO so rmm E.C./CREAT LAKES SERVICE lOAONG FOR' NEW TOM. NORFOLK MONTREAL. TORONTO. ASHTABULA ftnuif BUnto P Mint Stxxxr CALIFORNIA/PACIFIC NORTH WEST SERVICE w*| tar LOS ANGELES UN FRANCISCO SEATTLE TACOMA. VANCOUVER. B C EXPRESS CONTAINER/CONVENTIONAL/ REEFER SERVICE ftmnf P KfOnj Smpporr I An(ti« ffunf P KetM(
      614 words
    • 688 18 3 (iI'OIIII SINGAPORE SHIPPING AGENCIES PTE LTD ;OTm FIOOR OCEAN Boil DING S.NGAPORE 1 MARKETING 9t 1122 i 3 LINESI GENERAL 9'3"1 14 UNESI CEIE RS ;4S9S RS iSSfeg A B CARSMiP •CABI.E CARGOSMiP ICcgiiMuil Container Lines WEEKLY CONTAINER SERVICE to/fro™ BANGKOK Ml naquasinwTY ramn naguoHßouNTT DSR-LINES^I li* fast sehcortakr
      688 words
    • 568 18 GRANARD LINE RED SEA'MEDITERRANEAN SERVICE S>n PlNang pi MV VALENTMA V.33M. 14 DK UV COLUMBUS nanus V 34W UDK ILK. WW SMC VJM. 10 tan tcarmit comma cargo ra mt MV. MM SMfi. k. Pkl MV. MM OfONC V-2SI 30 Ok Jeddah/P Said/Alexandria/ Beirut P Said/AJeiandria Beirut Lattakta Busan/Keelung/Hong Kong
      568 words
    • 508 18 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11'*****57 (t. M REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE N863 S«M hi Part NORASIA N864 19 Dec 23 D« MARfT* VICTOR NM7 12 Jan 17 ten Nantes/Beutagrw Karf«/T»«n (A««) Baalegne/Tilbttry (««m) Sngaporc HTRASEA (Pit) LTD *****11 BOOKMG *****57
      508 words

  • Page 19 Advertisements
    • 752 19 i UNI-OCEAN CONTAINERS (PTE) LTD REGULAR CONTAINER FEEDER SERVICE BETWEEN SINGAPORE/INDONESIA UNCON VIIS MOON VI2S UNCON VI3S UNCON VUS SPORE 15/16 Dec 24/25 Ok 2/3 Jan 11/12 Jan JAKARTA 18/18 Dec 27/27 Dec 5/5 Jan 14/14 Jan SURABAYA 20/21 Dec 29/30 Dec 7/8 Jan 16/17 Jan itookings 14th FLR. UMBC
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    • 123 19 NOTICES TOKO UNK m*. "LONGANO" V-» arrtvei S-IMVB fcrlMnl«i at *T— t Pw> Oi<»— IMt Conaignee* of all damaged cargoo ex the above captioned vessel'* are notified that the General Survey will be held on Thursday. 13th December. 1979 at Jurong Port Codown from 10.00 am to 3.00pm. No further
      123 words

  • Page 20 Advertisements
    • 226 20 M EGYPTIAN IMTFCN ATIDM Al I IMF Pll I INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FROM EGYPT ALEXANDRIA SINGAPORE NLE U (tec 31 Jan 20 SI Gf N( RAI AGENTS L N SHIPPING PTE LTD 1(1 ??***** (SINGAPOm 'I X RS?101: SIJH AGENIS H S H in *****\ 486 iV *****6
      226 words
    • 258 20 TTTTTiT SHIPPING CORPN. LTD. (lUW FOK BOMBAY SMGAPORE RISHIVALMKI 15/17 JAN (MUM FLAG-BULT IW<) RISHI VBHWAHTRA 7/9 FEB (MM FU6-MLI 1970) Fa CONTMBtS ACCEPTABLE SMGAPORE: STRAITS 35* SERVICES (PTE) LTD.. TEL: *****61/2, *****98 P. KELAftG: PSO SHPPMG SON. BHD., TEL: *****1-5 P KELANG EXCLUSIVE LASH SERVICE TO U.S. ATLANTIC GULF
      258 words
  • Page 20 Miscellaneous
    • 183 20 W-'-* :> ...v x WW m m x¥x ox v ;i'x m x x :x xxxx x. M SS? x x v^wxWrx--iiilit' >: X.:.:! *.v CLOUDY/^ 2^ X I' M WO3 FAIR i f r i i < N i oo*l I m x-x >1 > SIGNIFICANT WEATHER AND SEA
      183 words