The Business Times, 8 January 1980
1980-01-08
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The Business Times
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Title Section11 1980-01-08 1 BUSINESS TIMES M.C.(P) No. 110/1/80 TUESDAY, JANUARY 8, 1981 50 CENTS11 words
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BRIEFLY...
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Article93 1980-01-08 1 The seventh round of air talks between Malaysia and Singapore for an improved air services agreement is expected to be held towards the end of this month. Malaysian sources say Singapore has agreed to a Jan 28 and 29 date for the meeting in Kuala Lumpur. Issues to93 words
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Article75 1980-01-08 1 THE Vice President of Bangladesh will fly in tonight for a one-day meeting with his country's diplomats stationed in the region. Mr Justice Abdus Sattar will be meeting with diplomats from Beijing, Tokyo, Hong Kong, Australia and Singapore in a selection exercise of senior Bangladeshi officials for posting75 words
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Article113 1980-01-08 1 AFP BANGKOK, Mon. A new initiative aimed at securing peace and independence in South-east Asia was announced today by Cambodia, Laos and Vietnam. Foreign ministers of the three countries who met in Phnom Penh on Saturday said they were ready to open talks on the subject with BurmaAFP - 113 words
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Article65 1980-01-08 1 Reuter MANILA, Mon. Members of Asean are consulting closely over events in Afghanistan which are causing them concern, Philippines deputy Foreign Minister Manuel Collantes said today. He said the chairman of the Asean standing committee, Malaysian Foreign Minister Tengku Ahmad Rithaudeen, "is conducting consultations among us on theReuter - 65 words
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Article87 1980-01-08 1 AFP MANILA, Mon. President Ferdinand Marcos and opposition leader Benigno Aquino Jr are scheduled to meet in the next 72 hours on vital political problems affecting the Philippines, highly authoritative sources said today. The news broke out this evening as Pres.Marcos extended Mr Aquino's Christmas leave up toAFP - 87 words
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Article86 1980-01-08 1 AP NEW YORK, Mon. Prices opened steady today as investors were uncertain as how to react to President Carter's order of a cutback on grain exports to the Soviet Union, and the Commodity Futures Trading Commission closing of grain futures markets today and tomorrow to head off massiveAP - 86 words
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Chief Price Changes
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Article132 1980-01-08 1 Rises Tractors 680 20 1 C B 400 16 Berjuntai 796 15 NSOP 240 14 FAN 585 10 Spore Bus 412 10 Lingui 376 10 Sealion 225 10 Dutch Baby 190 10 H Royal 218 8 Spore Land 274 7 Tan ('hong 444 6 Sel Properties 420 6 <) C132 words
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Article, Illustration147 1980-01-08 1 Rises Indices Castlefield 1500 460 Jan 4 Jan 7 Idris Hyd 460 36 B.T.Index: 4854.55 4904.85 M U Ind 486 422 Industrials: 472.62 472.20 Lingui 382 4 14 Finance: 682.37 681.70 U Cables 289 412 Hotels: 310.18 309.94 Oriental 316 4 10 Properties: 272.54 274.26 GKent(M) 440 4147 words
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624 1980-01-08 1 RONNIE LIM - JAPANESE INVESTMENTS By RONNIE LIM SINGAPORE will be sending two investment promotion missions to Japan, one later this month and the second in February, to attract capital-intensive industries to the Republic. Sources said yesterday that the missions, the details of which are being finalised by624 words
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302 1980-01-08 1 GOLD prices reached a world record high of US$6BO an ounce yesterday in what dealers described as panic buying. In Hongkong, the metal surged briefly to $680 in morning trading. It had opened at $660, up from the New York Friday close of $612.50.302 words
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Article496 1980-01-08 1 RUTH CHENG - By RUTH CHENG THE Singapore branch of Banque Nationale de Paris (BNP) yesterday announced that it is floating 3-year certificate of deposits of US$5O million carrying an interest rate of 3/16 per cent above the 6-month Singapore interbank offered rate (SIBOR). Lead-managed by BNP496 words
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Article344 1980-01-08 1 ONE OF Malaysia's largest property and rice milling concerns, the See Hoy Chan group (SHC) is fanning out its interests with the acquisition of an oil palm estate in Perak, through its quoted subsidiary, Malaysia Rice Industries (MRI). The purchase of Dindings Oil Palm Estate (DOPE) is344 words
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293 1980-01-08 1 SINGAPORE Airlines will from April re-rooto its daily Singapore-London flights to provide passengers with a (aster service to London. This is part of the airline's plan to tailor its services to individual market demands. Of the seven flights to London a week,293 words
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Article365 1980-01-08 1 FOO CHOY PENG - By FOO CHOY PENG SINGAPORE architects, planners and engineers have secured a $15 million contract to build a luxury villa for a Saudi Arabian sheikh, in a concerted attempt to tap business overseas. The three-storey villa, to be located in Damman in the eastern365 words
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Article124 1980-01-08 1 AP INDONESIA will make a net profit of U557.25 billion from the sale of oil in the fiscal year beginning April 1, according to a draft budget announced yesterday. The budget report said that production levels will change little from the average of about 550 millionAP - 124 words
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Page 1 Advertisements
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Advertisement30 1980-01-08 1 FOR PROMPT DELIVERIES OF Gamlen Chemicals New Tel: *****29 GAM LEN( AUSTRAL ASIA) PTY. LTD. New Address: 15-16, Block 6, 55 Ayer Rajah Road Aver Raiah Industrial Estate. Singapore 051330 words
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Advertisement192 1980-01-08 1 Wealth without Limit Experts who see Beyond Problems to a Major Boom Breakouts to new highs were not long in coming for stocks such as READING BATES in offshore oil and WANG in word processing which informed investors kept accumulating during latest attacks of mass anxiety in the New York192 words
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Advertisement73 1980-01-08 1 SHIPPING TIMES COLD Storage wins Tetra Pak HOCK Lock Slew analyses design award 2 Selangor Properties 11 WASHINGTON acts to calm C and C hopes to repeat last grain markets 5 year's results 11 TWO more new gold traders set ISETAN sets np training school up shops here 9 for73 words
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Advertisement154 1980-01-08 1 |CES> Ptain paper copiers Preferred by offices worldwide CALL *****5. Wywy Private Limited Wywy House 17 Leng Kee Poaa Smqapcxe 0J1.5 ASIA RESEARCH BULLETIN This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in154 words
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TRADE AND INDUSTRY
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Article591 1980-01-08 2 COURSES AND TALKS Jan 7-8: Business Law Course I and 11, Hilton, Consulasia Jan 7-Feb 22: Cobal Programming, Nissen Hut 7A, University of Singapore Jan 8-10: Computer Control, Hyatt Hotel, Price Waterhouse Jan 8-March 14: Intensive Practice in Modern English, Nissen Hut 98, University of Singapore Jan 10-Feb591 words
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Article, Illustration480 1980-01-08 2 LINDA TAN - ELEGANT AND SIMPLE By LINDA TAN COLD STORAGE has emerged as one of the eight winners in this year's Tetra Pak design competition the only winner from the South-east Asian region. This is the first time that a Singapore company has won an480 words
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Article, Illustration258 1980-01-08 2 Hilton International Singapore's Hilton Reservation Service has become an important contributor to the international network of more than 275 Hilton hotels and inns. Making this assessment during her year-end visit to Singapore recently, Hilton Reservation Service regional manager for Asia and the Pacific, Ms Tomoko Sato, said258 words
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Article, Illustration320 1980-01-08 2 AN Australian company has designed a semi-automatic "Formfill" packaging machine capable of meeting retail demands where simple packaging can lower prices of goods. Advance Machinery of Australia recently introduced the machine which uses cello-polyproplylene and other flexible laminates as well as paper and foil for320 words
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236 1980-01-08 2 AN exhibition on labour-sav-ing devices, jointly organised by the National Productivity Board (NPB) and Interfama, will be held at the World Trade Centre from Sep 10 to 13. Both local and international exhibitors as well as some Asean manufacturers, will be invited236 words
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Article101 1980-01-08 2 SEVEN members of the National Productivity Association (NPA) will leave for Taiwan on a study mission on quality control from Jan 13 to 20. NPA, an affiliated organisation of the National Productivity Board (NPB), was formed in 1973 to involve more individuals and institutions in101 words
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Article27 1980-01-08 2 THE Singapore Quality Reliability Association would be holding a workshop on "Managing Quality Costs" on Jan 17 and 18 at the Fortune Room, Hotel Merlin.27 words
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Article, Illustration202 1980-01-08 2 BRITAIN'S largest advertising agency will be represented at the 12th Asian Advertising Congress in Singapore on Sep 15. Mr Mike Johnson, managing director of D'arcy, MacManus A Masius, London, will speak on management problems of advertising agencies. Currently the leader in Britain in202 words
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213 1980-01-08 2 THE Department of Extramural Studies of the University of Singapore will hold a 15-lecture course on Company Secretarial Practice to familiarise participants with the subject as based on the local Companies Act, Cap 185. The lecturer will be Mr Ng Soon Chye, a part-time213 words
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118 1980-01-08 2 THE Vocational and Industrial Training Board (VITB) is looking for part-time teachers and trainers for its eontinuing-education programmes. Suitably-qualified or experienced persons are asked to apply for appointments in its industrial skills-develop-ment, commercial skillsdevelopment, academic education and language programmes. The largest number of vacancies exist118 words
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Article113 1980-01-08 2 MR Hairy Chaa has been elected an assistant treasurer of the American Express International Banking Corporation (AEIBC), and is now the manager for personnel and administration. He has been in personnel and administration since 1969 and Joined AEIBC as a personnel administrator in 1975. He was promoted113 words
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Page 2 Advertisements
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Advertisement106 1980-01-08 2 MITSUI TRUST Beacon of Progress .ft m H THf MITSUI TRUST BANKING COMPANY HMITfD Singapore Representative Office: Tower 1201, DBS Bldg., 6, Shenton Way, Singapore 1 Tel: *****53 1"elex: ***** MITSUITB RS Cable Address: MITUITRUST SINGAPORE Chief Representative: Kenichiro Yamamoto Yew York Branch: Telex: *****1 MBCO UR Cable Address: TRUSTMIT106 words
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Advertisement15 1980-01-08 2 THE LARGEST-SELLING CHAIN-SAW IN THE WORLD. vr WW A I <• fev U J* *r"* i15 words
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REGIONAL
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Article, Illustration371 1980-01-08 3 AMERICAN Secretary of Defence Harold Brown started formal talks with Chinese leaders yesterday aimed at developing strategic and defence contacts between the two countries, US officials said. The Defence Secretary, who is on a week-long visit to China, was greeted on his arrival at the371 words
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Article, Illustration275 1980-01-08 3 Reuter PHILIPPINES President Ferdinand Marcos yesterday called for a permanent Asian-Pacific forum of developing countries to strengthen economic cooperation and improve the life of the region's 1.5 billion people. He said the Philippines was ready to push the project until a proper institutional framework was establishedReuter - 275 words
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251 1980-01-08 3 Reuter AFP SOUTH Korea's foreign exchange reserves are projected to rise to U556.23 billion this year from $5.73 billion at end-1979, finance ministry officials said. The country's current account deficit is expected to widen, however, to $4.7 billion in 1980 from $3.5 billionReuter; AFP - 251 words
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Article166 1980-01-08 3 Reuter THE LEADER of the Vietnamese-backed government in Kampuchea has made a bitter attack on China in a speech marking the first anniversary of the ousting of the pro-Beijing Khmer Rouge regime. Mr Heng Samrin, president of the ruling People's Revolutionary Council, charged thatReuter - 166 words
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190 1980-01-08 3 THE Netherlands is prepared to offer its expertise, technology and investment in the processing of Malaysia's primary commodities, the leader of a three-man Netherlands economic mission said. Mr J W A Huibregtse, deputy director-general for foreign economic relations, said that it will be one of190 words
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378 1980-01-08 3 UPI FORMER South Korean martial law commander Chung Seung-hwa will be tried by a military court within 12 days for alleged involvement in the assassination of President Park Chung-hee, legal sources said yesterday. The sources said Mr Chung's family was informed by theUPI - 378 words
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Article328 1980-01-08 3 AP FORMER Senator Benigno Aquino Jr, President Marcos' strongest political enemy said yesterday he expected to return to a military prison camp soon. Shortly before Christmas, President Marcos sent Aquino home for the holiday period, his longest furlough by far since he was arrested. ThereAP - 328 words
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274 1980-01-08 3 AFP BEIJING has urged Taipeh to "make peace" in a forceful appeal for collaboration between the mainland and Taiwan. The call was made during a meeting of former high ranking nationalist (Kuomintang) officials who rallied to the communist party and now live inAFP - 274 words
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Article385 1980-01-08 3 RISE OF 52pc AFP Reuter PRESIDENT Suharto yesterday announced massive draft state budget for the 1980-81 fiscal year amounting to 10,500,000 million rupiahs an increase of some 52 per cent over the previous budget. In a nationwide speech to the nation through Parliament, the IndonesianAFP; Reuter - 385 words
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139 1980-01-08 3 Reuter A 7,400 square metre site for residential development in Repulse Bay, Hongkong, was sold at an auction for HK563 million. This is equivalent to 18,514 per square metre or 1791 per square foot. Analysts noted the site carries a plot ratio ofReuter - 139 words
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THE REGION IN BRIEF
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Article418 1980-01-08 3 Agencies TRADE unions should increase their role in looking after the interests of women, who make up onethird of China's workforce, Beijing's Workers' Daily said. An editorial in the paper said trade unions should protect the vital interests and democratic rights of women workers, noting that theAgencies - 418 words
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Page 3 Advertisements
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Advertisement486 1980-01-08 3 New Business Poris is a must, Why Paris: the world's most Important centre for International exhibitions in one year 30,000 exhibitors take part, of whom 10,000 4 million trade visitors, 300,000 coming from all over the world. More then 50 trade shows: A truly international market. Do not hesitate: call486 words
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RAW MATERIALS
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632 1980-01-08 4 MALAYSIA'S cane sugar output for the crop year 1979-80 is expected to reach a record 90,000 tonnes, nearly twice the output of 48,000 tonnes recorded in 1974-75 and 11.25 per cent more than the previous high of 85,000 tonnes achieved in 1977-78. Judging632 words
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749 1980-01-08 4 AN IMF compilation of commodity prices published recently has come up with the devastating fact that although commodity prices in the aggregate are nominally up by 114 per cent compared with 1972, the extra income they pulled in can only buy 10 per cent749 words
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Article72 1980-01-08 4 THE Straits Tin price in Penang yesterday eased M$C per picni to )2,1K, $156 above the International Tin Agreement ceiling, dealers said. Increased tin concentrates supplies accumulated during the weekend mainly eased sentiment, although demand continued from the US, Japanese and local operators. Total turnover rose to 21572 words
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Article37 1980-01-08 4 Rubber: Jan 7 Singapore: January: 306.50 cents (down 1.50 cents) Malaysia: January: 309.25 cents (unchanged) Tin: M 52,106 (down $6) (equivalent to $34.82 per kilo) (down 10 cents) Official offering: 215 tonnes (up 43 tonnes)37 words
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316 1980-01-08 4 Reuter US contribution of tin to the International Tin Council (ITC) buffer stock poses a number of questions for the council to resolve when it meets in London from Jan 15 to Jan 18, ITC delegates said. Last week, US President CarterReuter - 316 words
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Article204 1980-01-08 4 RUBBER THE SINGAPORE market closed easier yesterday with January One RSS buyers quoted at 306.50 cents per kilo, down 1.50 cents from last Friday's close, dealers said. The morning market firmed 0.25 of a cent after fluctuating on speculative buying and some profittaking, they said. Freer offering of204 words
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Article380 1980-01-08 4 R.A.S. prices in cents per kilo yesterday. Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt f o.b 307.50 308 50N Int. 1 R.SS January 309 00 309.50 Int. 1 R.S.S. February 310.00 310.50 Int. 2 R.S.S. 297 50 298 50N UK Cont 296 50 297.50N Int. 3380 words
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Article119 1980-01-08 4 NOON SSR ai vd SMR f mca> yesterday RA8 SSR 20 SSR 50 (l-laa (1-loa palled pallet) Jaaaary (Carraat Mth) Buyer® Sellers 276.00 278 00N 273 00 275.00N February (Forward Mth) Buyer* Sailer* 278.00 *****N 275.00 277 OON MRELB SMRCV SMRL SMR OP SMR 5 SMR 10119 words
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Article824 1980-01-08 4 OILSEEDS: Oils and oilseeds markets moved down yesterday morning following weekend news that the US had placed an export embargo on around 17 million tonnes of grains which included soyabeans, meal and soyaoil, brokers reported. Soyabeans and soyameal dipped between US$5 and $10 per tonne with selling pressure824 words
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Article255 1980-01-08 4 AS WITH most Mondays when overseas interest is at a low ebb, produce dealers in Singapore yesterday just found no incentive to deal. The few deals reported here and there were all on covering account. A softer undertone continued to prevail in the coconut oil and copra market255 words
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Article192 1980-01-08 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattaa yara: China Blue Phoenix 20s 2,310; 32s 2,806, 40s 3,040 (per bale of 400 lbs). Piece g—4a: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly192 words
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Article86 1980-01-08 4 Reuter THE Commodity Futures Trading Commission (CFTC) voted unanimously at a special session on Sunday to ban futures trading in six commodities yesterday and today. The six commodities are wheat, com, oats, soybeans, soybean oil and soybean meal. They are traded on the Chicago Board of Trade, theReuter - 86 words
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Article320 1980-01-08 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.00, 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 0.57.320 words
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ASIAN STOCKS
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Article442 1980-01-08 4 AFTER an uncertain start yesterday, prices recovered in the afternoon, with record world bullion prices keeping gold issues in the limelight, brokers said. The All-ordinaries index firmed 7.48 points to 768.77 points after a technical reaction last week and after the Hongkong gold market reached US$655 an ounce there442 words
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Article343 1980-01-08 4 Source: SHK Sec THE MARKET continued to fall in heavy trade yesterday on persistent fears of curbs on the property sector and the worsening world political scenario. All sectors fell across the board with property shares the worst off. At one time in the afternoon the market was probablySource: SHK Sec - 343 words
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Article570 1980-01-08 4 TOKYO Source: DBS-Daiwa THE MARKET was relatively firm yesterday, led mainly by defence-related issues, reflecting acute international tension. Largecapitalisation issues were also bought as one sector of defence-related issues. Non-ferrous metal issues, which were sold on profittaking in the morning session, met active buying in the afternoon. Energy-relat-edSource: DBS-Daiwa - 570 words
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Article248 1980-01-08 4 JAN on Baht.s AMJ Credit IM -4 Asia fibre 112 34 Ayuthaya In* And Trust Bangkok Investment IBS Bangkok Bank 314 unrh Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban 45* -2 Bangkok Nylon 190 Bank Of Ana ISO -2 Bank or Ayudhaya Ltd Bala Bern Jurker 309248 words
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Article121 1980-01-08 4 THE MARKET closed mixed yestreday with minings firm while commercials, industrials and oils all declined, dealers said. JAN 07 Peso* Acoje Mining .0086 unch Atlas Con. A Atlas Con. B. 2625 unch Baguio Gold 0082 unch Benguet Con B 51 50 -0.5 BF Goodrich 16 00 0.5 CDCP 9Jt121 words
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Article33 1980-01-08 4 H.K.HANG SENG Monday 816.18 Friday... 848.84 Week Ago 0 rtt.38 SYDNEY INDUSTRIALS Monday 583.73 Friday 582.58 Week Ago closed ALL ORDINARIES i;/ Monday 768. W Friday. 76 UK Week Ago closed33 words
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Page 4 Advertisements
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Advertisement113 1980-01-08 4 35% Yield Possible For investors with a minimum stake of $250,000; the comparable interest rates on the international money market present a low risk and high yielding opportunity. By buying high quality bonds on a leveraged basis expertly arranged through international bankers, the investor, who still has complete control of113 words
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OVERSEAS
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447 1980-01-08 5 AP BRITISH Petroleum. Shell and a group of Japanese companies have signed firm contracts with the National Iranian Oil Company for the purchase of Iranian crude oil during 1980, the Middle East Economic Survey (Mees) reported Sunday. The weekly oil newsletter said the durationAP - 447 words
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Article, Illustration137 1980-01-08 5 Afghans putting up antiRussian placards on the wall of the Afghanistan embassy in Teheran on Sunday after a small group of Afghan exiles seized the building. The exiles later abandoned the embassy after talks with Iranian Foreign Ministry officials and tele- phone conversations with the ruling clergySource: AP photo - 137 words
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Article871 1980-01-08 5 ARRIVALS Service Local Operator Number Time From PAA PA005 0125 NYC SFO HKG MAS MH601 0645 KUL MAS MH682 0710 KCH SIA SQ528 0710 DHA SIA BA SQ BA17 0710 LHR BAH SIA SQ10I 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945871 words
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420 1980-01-08 5 AP FOLLOWING a massive turnout of Patriotic Front guerrillas at cease-fire assembly camps, British governor Lord Soames announced an amnesty programme on Sunday for insurgents still in the bush. Lord Soames' spokesman, Mr Nicholas Fenn, also disclosed at a news conference that theAP - 420 words
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Article227 1980-01-08 5 UPI THE Doomsday Clork of Ihe Bulletin of the Atomic Scientists has moved from 9 to 7 minutes to midnight, symbolising what the journal's editor says is the world's movement towards nuclear disaster. Editor Bernard Feld, who is also professor of physics at Massachusetts InstituteUPI - 227 words
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779 1980-01-08 5 NYT AFP WASHINGTON moved quickly on Sunday to prevent widespread disarray in the nation's markets for basic foodstuffs, following President Carter's Friday night embargo on the exports of 17 million tons of wheat, corn and soybeans to the Soviet Union in response toNYT; AFP - 779 words
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228 1980-01-08 5 AP PRESIDENT Carter's rise in popularity polls may be linked not only to the Iranian crisis but also to growing scepticism about Senator Edward Kennedy's actions at Chappaquiddick, according to a new poll commissioned by Newsweek. The magazine reports in its latest edition thatAP - 228 words
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180 1980-01-08 5 AP PRICES of a wide range of consumer products in Hungary have been increased and this would be followed by more increases later this year. As a result of the increases, the consumer price index is expected to rise by 3.7 per cent this year.AP - 180 words
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182 1980-01-08 5 Reuter BRITAIN'S striking steel workers have warned that unless progress was made at pay talks this week their dispute could go on for a long time. More than 100,000 workers with the state-owned British Steel Corporation (BSC) went on strike last WednesdayReuter - 182 words
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Article116 1980-01-08 5 Reuter UNITED Auto Workers Union (UAW) President Douglas Fraser announced a tentative agreement with Chrysler Corp on modifications to the current threeyear contract covering Chrysler workers in the US. The modifications, which now amount to US$446 million in concessions by the union, are subject toReuter - 116 words
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WORLD IN BRIEF
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Article412 1980-01-08 5 Agencies BRITISH Energy Secretary David Howell ended a threeday visit to Kuwait and left for Saudi Arabia Sunday on the second leg of a tour to the gulf region, Kuwait Radio said. Mr Howell said he had discussed with Kuwaiti officials on political subjects dealing with energyAgencies - 412 words
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Page 5 Advertisements
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Advertisement53 1980-01-08 5 When you've got problems with your transport, AMB can help. Talk to AMB about leasing your new prime mover, trailer, lorry, van or coach. "X §K r Ji€S de*.i <-* 3 You'll get on better with us. Associated Merchant Bank Re. Ltd. 70»-712, Slraits Trading Building. 9 Battery Road. Singapore53 words
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Article399 1980-01-08 6 JAPAN, as the leading Asian industrial nation, has always played a major role in Singapore's industrial progress. And our success is a good example of how an underdeveloped country, without the benefit of a long industrial gestation period, can struggle into the ranks of the best.399 words
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Article267 1980-01-08 6 SCHOOLS for training counter staff in the selling of consumer goods are hardly a traditional part of the retail industry. Retailers have got by with elementary lessons on courtesy or, suspectedly, have left their staff to learn on the job. This has inevitably given267 words
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Article, Illustration1909 1980-01-08 6 ARTHUR SANDLES - By ARTHUR SANDLES FT IN WHAT must be one of the most remarkable turnarounds in the history of tourism, Britain is preparing to launch an intriguing invasion this spring. Nearly 5,000 Britons a week are now booked to have their summer holidays in the MiamiFT - 1,909 words
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Page 6 Advertisements
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Advertisement160 1980-01-08 6 n -p THE 2ND INTERNATIONAL FORESTRY, TIMBER PROCESSING AND WOODWORKING EXHIBITION. DATE: 12-16 JANUARY 1961. 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 of160 words
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Page 6 Miscellaneous
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Miscellaneous1425 1980-01-08 6 The next step beyond IF YOU still have the stamina tonight for a little blxarre entertainment, It may be worth yoar while to spend about 25 minutes before the little box at ll.3tpm. Tonight's episode of The Next Step Beyond tells of the Intriguing experiences of certain Individuals who have1,425 words
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Article, Illustration1613 1980-01-08 7 PAUL LEWIS - -LOOKING INTO GOLD'S CRYSTAL BALL Increasing world anxiety and instability is what the gold market is predicting, says the head gold dealer with Derby and Co in London. But, reports PAUL LEWIS, in spite of the frenzied excitement of the gold market and the gloomladen portents ofNYT - 1,613 words
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852 1980-01-08 7 RAYMOND TAMI - FORUM with RAYMOND TAMI FT BUSINESS leaders from Japan and five leading South-east Asian countries met in December to consider a Japanese plan to set up a Pacific Economic Community. What chance is there of a PEC being formed, and what lies behind thisFT - 852 words
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Article731 1980-01-08 7 Letters to the Editor Dear Sir Being a senior investment consultant in a professional gold futures trading company, I wish to comment on a subject matter that I am quite conversant. First of all, kudos for your co-sponsored one-day conference "Successful investing in commodities" last November and your731 words
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270 1980-01-08 7 Dear Sir I refer to your comments in both the December 22nd and December 29th issues of the Business Times. While I would agree that valuation may not be a highly precise subject it is unfair to comment that a valuer is a person270 words
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Page 7 Advertisements
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Advertisement209 1980-01-08 7 RETURNING OR RETIRING TO THE U.K.? FINANCIAL INTERESTS IN THE U.K.? Ml Six Questions Have you planned your return to Britain? > Do you know the U.K. tax concessions available to you? I Do you pay U.K. tax if you do, should you? i Have you planned to reduce your209 words
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Page 7 Miscellaneous
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Miscellaneous30 1980-01-08 7 Bn^toWrFmnkDiclcenS H0U0... f* CBRD FROm thc postboy b u>ep<Me£. TOOL bcfvch Hcte-u p»u*ul rooo Sonet*.. l>msh rr u)rs you He^e V s —i TTJJjJJ Mi) =a TT t L. 4fc'30 words
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INTERNATIONAL STOCKS
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Article1122 1980-01-08 8 FT AUSTRALIA'S long-standing attempts to reform on a national basis the legislation governing company takeovers has gone off the rails. Two states. Queensland and Western Australia, have taken individual action and enacted new state takeover legislation, at least 12 months before the scheme could beFT - 1,122 words
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156 1980-01-08 8 TWELVE Japanese companies have either signed contracts or reached agreement with the National Iranian Oil Co (NIOC) for crude oil supplies at about US$3O a barrel, Japan's Ministry of Trade and Industry sources said. The companies include Mitsubishi Corp, Mitsui and Co Ltd, C Itoh156 words
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Article87 1980-01-08 8 EARNINGS per share for the first quarter ended Nov 31, IS7S, at Metro-Goldwyn-Mayer Inc fell sharply to 47 US cents from M cents previously. Net profit plunged to $15.32 million against $2SJ2 million. Revenues dipped to $129.3 million fr»m $143.4 million. (The 1978 figures included net87 words
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Page 8 Advertisements
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Advertisement141 1980-01-08 8 mm ...featuring the7-member STUTTGARTER DIXIELAND ALL-STARS one of the most successful German jazz groups. Clap your hands, tap your feet and dance to the versatility of their music ranging from jazz, dixieland, ragtime, boogie and funky numbers, blues as well as country and western. 8-10 January Dinner Dance Garden Ballroom141 words
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Advertisement267 1980-01-08 8 Where to wine, dine and entertain lubertus ®)nU For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday $18 10% service charge 3% cess Javanese Rijstafel Saturday Sunday $16 10% service charge 3% cess For reservations call *****77 Jk (*> ■*> I 'in k SHERA T267 words
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Advertisement95 1980-01-08 8 Sea-Food prepared by our exclusive Thai Chefs It's the talk of the town. 7* 41 Call Josephine for reservations I *****75 or *****11 x 107 I Vf J M <* House A ait Everyday is a big house affair for us Because each day is another new opportunity to perfect95 words
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Advertisement164 1980-01-08 8 LUNCH AT HIIFS Savour the true flavours of Singapore in cool, exotic, tropical surroundings at the newlook H in 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 Crabs Exceptional Cantonese menu Dy ceieorated Hong164 words
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Advertisement289 1980-01-08 8 See Page 4 for Asian stocks m n j IV D Vjj* Merlin's New Tavern Bar It s totally new. Painstakingly furbished to create just the right ambience for you to unwind after a hard day's work, before dinner, or to round off a perfect evening. Enjoy happier happy hours289 words
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BANKING AND FINANCE
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173 1980-01-08 9 THE 1900 Uncirculated Coin Set will be sold at $6 per set from today at Victoria Theatre, Empress Place, between 10am and 2.30pm. Released by the Board of Commissioners of Currency, each set comprises six coins in the denominations of one cent, five173 words
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Article142 1980-01-08 9 THE INTERNATIONAL Monetary Fund has reviewed interest rate on the SDR and the rate at which it pays remuneration on members' creditor positions. For the calendar quarter beginning Jan 1, 1980, the SDR interest rate will be 9.25 per cent, compared with the present rate of142 words
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643 1980-01-08 9 Alan Lerner - Alan Lerner The writer, Alan Lemer, is a vice-president and money market economist with Bankers Trust. INTERNATIONAL tensions helped depress prices in credit markets in a shortened trading week as investors awaited data from the Federal Reserve last Friday on643 words
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514 1980-01-08 9 THE STEP taken by Bank Negara barely eight months ago to introduce Bankers Acceptances (BAs) in Malaysia has proven to be a great success, judging from the steady growth in the level of trading in this new money market instrument. Latest figures for the industry514 words
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Article551 1980-01-08 9 LINDA TAN - By LINDA TAN SINGAPORE'S prospective gold market has attracted more gold trading companies into the Republic. Over the last two months, two new companies, Trivest Bullion Enterprises and Bellink International, have already started dealing from Singapore on the Hongkong and Comex (New York) bullion market.551 words
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Article1038 1980-01-08 9 WHEN it comes to financial innovations, commercial banks have always been the undisputed leaders. Other financial institutions, be it the licensed borrowing companies or insurance companies, have been happy merely to follow. However, an insurance company, and not a particularly large one at that, has1,038 words
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Article168 1980-01-08 9 AFP THE PHILIPPINE Airlines (PAL) has obtained a US$30 million Eurodollar loan from a syndicate of banks led by Chase Manhattan Asia Ltd (Cmal) as agent. The loan, signed in Hongkong last week, is guaranteed by the Philippine government. PAL will use the credit for theAFP - 168 words
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Article103 1980-01-08 9 AP ALL MAJOR Japanese banks, Including the Bank of Tokyo, have decided to stop financing exports to Afghanistan because of the strife there, The Yomnlrl Shim ban newspaper reported over the weekend. The hanks will cease issuing letters of credit to Japanese companies exporting to Afghanistan. TheAP - 103 words
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MONEY AND EXCHANGES
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Article446 1980-01-08 9 TRADING in the foreign exchange market was relatively quiet yesterday with the US dollar closing firmer against major currencies. Opening at 1.7040/50, the US dollar then moved up to 1.7100/10 at closing. The US dollar started off at 233.80/00 against the yen and was traded up to 234.50/446 words
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Article61 1980-01-08 9 THE Philippines Bureau of Mines is examining proposals to rehabilitate old abandoned gold mines by allowing operators to develop adjoining land owned by other Jjpnceras, informed sources said, of*. The Philippines is a marginal gold producer, maina copper mining by-product and in the first 10 mttntjis of last61 words
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Article22 1980-01-08 9 THE average rate ai which major Singapore banks are currently prepared to lend to their best customers is 9.6 per cent.22 words
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Article342 1980-01-08 9 GOLD futures closed sharply higher yesterday compared with last Friday's closing levels, but below the day's high on some profittaking, dealers said. Trading was suspended for an hour yesterday morning as prices opened limitup across the board following the metal's strength in New York last Friday and in Hongkong342 words
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Article264 1980-01-08 9 THE DOLLAR for overnight delivery closed sharply weaker yesterday at 233.90 yen, compared with a 234.80 opening and 237.50 at Friday's close, dealers said. No central bank intervention was detected. The dollar fluctuated between 233.80 and 234.40 yen in light late trading after an early weakness reflecting its fall264 words
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Article305 1980-01-08 9 THE U.S. DOLLAR opened under pressure yesterday as the move into gold continued, following Friday's announcement of US measures against the Soviet Union, dealers said. The US currency opened at 1.7065/95 marks after an early indicated 1.7055 65, with European central banks apparently providing strong support. Sterling was firm305 words
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Article205 1980-01-08 9 THE DOLLAR continued to firm marginally yesterday from weak opening levels in late exchanges here on suspected federal reserve intervention involving the sale of marks, dealers said. Dealing was moderately active as early European operators came into the market, they said, adding the improved sentiment for the dollar may205 words
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Article62 1980-01-08 9 AUSTRALIA NZ exchange quotes on Jan 7: US dollar 1.1147/1.1099 Sterling 0.4992/0.4932 Ninety day air mail buying rates Sterling 0.5249 US dollar 1.1681 Ninety day forward buying rates Sterling 0.5082 US dlrs 1.1285 New Zealand: Reserve bank midrate: US dollar 0.9895 Trading bank indications: Sterling 0.4433/0.4403 US dollar 062 words
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Article145 1980-01-08 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Jan 7: US Dollars<8pol) Offer Bid 7 days 1 month 2 months 3 months 6 months 9 months 12 months 14 1 x 14*. 14"» 14 J 14H 14'. 14H 14 11/16 14 9/16 1311/16 13 9/16 13*. 13'/.145 words
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Article51 1980-01-08 9 RANGE of prices offered by dis count houses on Jan 7: Overnight: 6'«'? Call deposits: 6 to 6*«% Cloaiag Buying Selling 3-month Treasury bills 613/16 6 11/16 3 month Bank bills 101/16 915/16 3 months CD 10' i 10'« 6 months CD 9 1 9 s Source: National Discount51 words
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Article39 1980-01-08 9 FRANKFURT exchange opening quotes on Jan 7: US 1.7065/75 Stg 3.832 842 Can 1.4650 60 Dfl 90.38/48 Sfr 108.39/59 Lit 2.132 135 Ffr 42.62 69 Nkr 34.83/87 Bfr com 6.148/155 Bfr fin 6 080 018 Yen 0.7303 1739 words
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Page 9 Advertisements
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Advertisement43 1980-01-08 9 THE ASIAN WALL STREET JOURNAL is pleased to announce the opening of its new Singapore branch office. Please address all business inquiries and news releases from Singapore to The Asian Wall Street Journal 1109. Robina House 1, Shenton Way Singapore 0106 Telephone 223-685543 words
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1862 1980-01-08 10 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 A COMMERCIAL Acma (2.485)1,862 words
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Article160 1980-01-08 10 S'pore Growth Fund 1.18' 1.24 1 1 SINGAPORE UNIT TKU8T INCOME BOND UNIT (Niat|tn' prim l*r Ju I) (Carre*t pel lees) The Commerce The Saving Fund 2 22 1.43 236 1.52 Income Bond 1 19 1.26 S pore Prog Fund 099 1.04 S pore Sec Fund 175 1.86160 words
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Article2719 1980-01-08 10 Cr's Gr's Net 1 im Last Div Div Y'ld P/E Vol Day High Low Company Sale or- C'vr rooo) High Low SECTION ONE INDUSTRIAL COMMERCIAL 261 207 Acma 246 unch 15.0 2.2 6.0 12.6 I 246 246 196 123* Alcom 196 10.0 1.3 5.1 26.1 148 1102,719 words
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Article1778 1980-01-08 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. INDUSTRIALS Acma (2.505) Alcam (190B) (5) 1.92 Alex Hatd (1 28B) Bala1,778 words
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LATEST RESULT
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Article46 1980-01-08 10 posted an audited group pre-tax profit of $9.65 million ($9.91 million) for the year ended September 30, 1979, on sales of $55.60 milion ($51.51 million previously). The parent company's pre-tax profit stood at $6.02 million ($6.46 million) on sales of $54.68 million.46 words
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Article77 1980-01-08 10 JARDINE, Matheson and Co Ltd said a new subsidiary, Jardine Technical Products Ltd, became operational on Jan 1. The company's establishment was the final move in an overall restructuring of Jardines trading operations, designed to broaden its trading base and it recognises the need for specialisation in marketing77 words
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Article, Illustration720 1980-01-08 10 EARLIER gains were pared off by Intermittent bouts of profit-taking at the Stock Exchange of Singapore yesterday. On balance, the market flnslhed with gains on most fronts. The opening market was buoyant with most of the second liners moving up significantly. In some cases720 words
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Article561 1980-01-08 10 PROFIT-TAKING in the afternoon hit an initially steady trend on the Kuala Lumpur stock market and prices finished mixed to slightly steadier yesterday. Moderate speculative buying interest boosted a number of counters in the morning but towards the noon close, sellers began to assert themselves.561 words
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COMPANY NEWS
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Article, Illustration1080 1980-01-08 11 ANTHONY TAN - C C HOPES TO REPEAT LAST YEAR'S RESULTS By ANTHONY TAN AFTER half a decade of rapid growth, Cycle and Carriage (C C) faces an uphill task in maintaining the pace. The removal of tariff protection for locally assembled cars in August poses an obstacle, calling for a review of1,080 words
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Article446 1980-01-08 11 Current Ex Books Date Total for Total for Payment Date Cloae Payable the year Previous year T Harbour 30%(n) Nov 28 Dec 8 Jan 9 45% 24% Mai Tin 235% I Dec 12 Dec 24 Jan 9 235% 105% Sthn Mai 160%I Dec 12 Dec 24 Jan 9446 words
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Article89 1980-01-08 11 Company Ex Date Books Close M Breweries Bonus Issue of 1 for 2 Jan 24 Jan 31 Lingui Bonus Issue of 5 for 3 Jan 22 Feb 1 Temerloh Bonus Issue of 1 for 1 NYA NYA Sentosa Bonus Issue of 1 for 3 NYA NYA T Text89 words
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Article170 1980-01-08 11 Date Last Full Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Dlv. Profit <%> (St*) BATS I 1/12 5.1 17.0 3,983 Berjuntai Tin I 22/12 56.2 95.0 42,868 M'wata Steel I 22/12 12.4 10.0TE 14,803 L Perak I 3/1 30.1 100.0 1,538 Perlis Plant F170 words
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350 1980-01-08 11 EARNINGS at Chemical Industries (Far East) appear to have taken a turn for the better after the group rid itself of its illstricken shipping operations. The company achieved good first half results for the six months ended September 30, 1979. On the group level,350 words
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Article517 1980-01-08 11 THE Stock Exchange Singapore has asked Malaysian Feedmllls to furnish information on the effect of the recently announced purchase of related assets from Ben and Company on its earnings per share. Malaysian Feedmills recently purchased a piece of property in Jurong through its newly-created subsidiary, Frozen Poultry from517 words
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Article, Illustration622 1980-01-08 11 mm HOCK LOCK SIEW WITH the current bouyant state of the Malaysian property market, Adi Satria of the Malaysian Business Times has sent word that Selangor Properties (Selprop) is poised to report record profits for its financial year which ended on Oct 31,1979. Indications are that groupHOCK LOCK SIEW - 622 words
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Page 11 Advertisements
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Advertisement600 1980-01-08 11 A i VJM* > Mo 'l* Earth sea Trilogy A Wizard of Earthsea KThe Tombs of Atuan JkA The Farthest Shore Wm\ A work of magical strength and imaginative power; of that timeless struggle rlf ai between good and evil; of W/ demons, dragons, magicians I and men; of honour600 words
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Article566 1980-01-08 12 THE National Trades Union Congress is to dismiss Phey Yew Kok, its chairman, following his failure to turn up in court yesterday. Phey, 45, has been charged with contravening the Trades Union Act and for criminal breach of trust (CBT) involving a total of566 words
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Article540 1980-01-08 12 TEO TECK WENG - By TEO TECK WENG ISETAN Emporium, which recently opened its first branch store, will soon set up a training school at Sentosa island to upgrade the proficiency of its sales staff. The Isetan Training School, as it is tentatively called, will be a two-storey bungalow540 words
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Article168 1980-01-08 12 Reuter CHINA and Egypt have formed two subcommittees to develop cooperation in the military and economic fields as a result of the current visit of Egyptian Vicepresident Hosni Mubarak to Beijing, informed sources said yesterday. They said that an offer by Beijing to sell Chinese-made militaryReuter - 168 words
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Article797 1980-01-08 12 LONDON, Mon. Gold mining shares were firmer, though below the day's highs on light profit-taking. while other equites rose on selective buying. dealers said. At 3 pm, the FT index was up 3.7 at 417.6. Heavier priced gold issues were up to 125 cents higher, after earlier gains797 words
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213 1980-01-08 12 PRESIDENT Marcos said yesterday the forthcoming local elections are necessary to show foreign creditors that his martial law regime has popular support. Mr Marcos appealed for votes for government candidates in town and provincial elections scheduled Jan 30 and said the nation's capability213 words
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Article, Illustration487 1980-01-08 12 AP WITH IRAN officially in defiance of a United Nations deadline for freeing the 50 American hostages in Teheran, President Carter is seeking immediate Security Council action to punish Iran through adoption of economic sanctions. President Carter, brushing aside suggestions by UN Secretary General Kurt WaldheimAP; Source: UPI photo - 487 words
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371 1980-01-08 12 SINGAPOREANS are not unique in their lack of political participation, says Dr Seah Chee Meow, senior lecturer in Political Science at the University of Singapore. Writing on "Grassroots Political Participation in Singapore" in the 25th anniversary issue of Petir, the Peoples' Action Party's magazine,371 words
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Article, Illustration379 1980-01-08 12 AP FORMER prime minister Indira Gandhi and her branch of the Congress Party were headed for a smashing national election triumph less than three years after Indian voters ousted her to protest her 19-month abandonment of democracy. Results from 108 of the 524 electionAP; Source: AP photo - 379 words
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Article105 1980-01-08 12 Reuter THE United States and Turkey are expected to initial an agreement on Wednesday over continued American use of three military bases whose importance has been highlighted by recent events in Iran and Afghanistan. Western diplomatic sources said that US State Department counsellor MatthewReuter - 105 words
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214 1980-01-08 12 AN ASSOCIATION to represent the fast growing conventions and exhibition trade in Singapore has been formed. The Singapore Association of Convention and Exhibition Organisers and Suppliers (SACEOS) will hold its inaugural meeting on Friday. It is now inviting applications for membership. There will be214 words
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213 1980-01-08 12 AFP THE United States has asked for Japanese cooperation in American efforts to impose economic sanctions on the Soviet Union for its incursion into Afghanistan, Japanese government sources said. The sources said the Carter Administration has requested Japan to halt exports of highAFP - 213 words
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Page 12 Advertisements
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Advertisement0 1980-01-08 12 ~]]>(}{='$!,<+>%/~{{+=(!:?(>`+<0 words
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Advertisement133 1980-01-08 12 SSjfia ?SSIO —is*pose purpose written book is e HPIJIjBIHHeaI menual to how one can mMMILH offers a framework which is based on thinking (including lateral thinking, for which Edward de Bono is famous) and has an important place for humour and for a clear eyed selfimportance. Dr de Bono's ideas133 words
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Page 12 Miscellaneous
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Miscellaneous66 1980-01-08 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Fair except for passing showers in a few places. Report for 24 hours prior to 7.31 p.m. or Jan 7 at the airport. Maximum temperature 29.3 Associated humidity 78 Minimum temperature 23.7 Associated humidity 100 Hours of sunshine 5.35 Rainfall66 words
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SHIPPING TIMES
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PORTSIDES
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Article90 1980-01-08 13 Reuter THREE people were shot and wounded in clashes in the Gulf port of Bandar Lengueh, the scene of bloody fighting on Saturday between Sunni and Shi'ite Muslims. Ayatollah Khomeiny's representative in the nearby port of Bandar Abbas said the clashes died down later and the townReuter - 90 words
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Article65 1980-01-08 13 Reuter MORE THAN 3,000 workers at a financiallycrippled Japanese shipyard. Sasebo Heavy Industries, went on strike yesterday to demand annual bonuses. The company, which had a cumulative deficit equivalent to US$B3 million in the business year ended last September, stopped end-of-year bonuses and suspended pay pay increasesReuter - 65 words
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Article110 1980-01-08 13 AFP NEW ZEALAND'S wool freight costs to Europe will be reduced by almost NZ$4 million annually. The New Zealand Wool Board announced yesterday that new dense dumping presses will be used beginning with seven new 350 tonne dump presses being placed around the country. This will allowAFP - 110 words
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586 1980-01-08 13 G. DURAIRAJ - By G. DURAIRAJ FOREIGN shipowners operators applying for licences under Malaysia's cabotage law which came into force on Jan 1 must satisfy the Domestic Shipping and Licensing Board (DSLB) that they have operated in local waters before that date. The chairman of DSLB,586 words
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Article567 1980-01-08 13 Shipping Llnr Pftgr Col Adriatic IV 5 Afea VI 3 Alfred CTS IV 5 Alltrans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 APL III 4/5 Argentine IV 4 Arya Nat VI 4 ASCL III 1 Asia America IV 5 Asia Merchant IV 5567 words
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922 1980-01-08 14 FOR shipping companies engaged in cross trading, fears over the effects of the proposed Unctad liner code on their operations were clearly expressed at an international shipping roundtable in New York recently. Mr Ivar Lovald. president of Barber Blue Sea, spoke for922 words
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Article998 1980-01-08 14 MARINE INSURERS' NIGHTMARE 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 premises998 words
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Article1456 1980-01-08 14 VERY little expansion was noted in the volume of chartering last Friday and rate levels remained virtually unchanged. Grain shippers covered cargoes from Northern range to Tilbury at US$17 (fio) for January and from the US Gulf to Antwerp Hamburg range at $17 (fio) for January, also from1,456 words
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716 1980-01-08 15 THE NUMBER of supertankers and other very large ships lost increased dramatically in i 979. At late December, five vessels of over 200,000 dwt had been lost almost as many as were lost in the previous 10 years. The size and extent716 words
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278 1980-01-08 15 THE US Congress has empowered the US Coast Guard to conduct annual boarding inspections of foreign flag tankers to verify their compliance with the Port and Tanker Safety Act of 1978 and the Cargo Ship Inspection Programme authorised under the Port and278 words
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220 1980-01-08 15 AP AN ARGENTINE freighter was ablaze early Friday off the West German coast after It collided with an Italian ferry at the mouth of the Weser River, rescue officials said. Flames sweeping the Argentine motorshlp Buenos Aires Z were being fought with "all availableAP - 220 words
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Article, Illustration501 1980-01-08 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Confidence (after Dona Selina) 13/14 Dona Selina (after Putra Jaya P/O Subject Gas Free) 13 14 Gunung Kumawa (0600 after Bunga Seta war) 19 Kota Perwira (0600 after Chosei Maru) 10/11 Kimanis (0600 after Tronoh) 20 Larch (after Lloyd Bakke) 6/ 7501 words
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4001 1980-01-08 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 of4,001 words
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Article, Illustration203 1980-01-08 20 THE 8,5<6-groBs tonne Prinsendam, set a record for regularity In drydockings with Sembawang Shipyard when it returned to the yard in December last year for its annual overhaul. The Holland-America Line's luxury passenger liner, first came to Sembawang in Oct 1974 for its203 words
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Article192 1980-01-08 20 Liner profile... BEN ASIA Container Service has, until recently, been the only direct container service operating between Japan and Straits ports. It is now part of a shipping consortium together with four other lines. The company started its service with the 200-TEU container vessel Moira. Now192 words
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472 1980-01-08 20 THE DEMANDS of Indian coastal shipowners to increase freight rates have been justified, according to the new Director-General of Shipping, Mr R D Pradhan. Port dues, bunker costs and stevedoring charges had all gone up in the last four to472 words
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132 1980-01-08 20 Reuter EVEN A partial recession in worldwide trade could have a weakening effect on the dry cargo freight markets in the second half of 1960, Jardine, Matheson and Company, Limited, said in its latest chartering market report. The report said that rising prices in 1979Reuter - 132 words
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Article1607 1980-01-08 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings A-B Adriatic Container Container I Feeders (S) Cargo Freight (PK). AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK PN). Alfred C. Tofptrr Intermodal (S)' Marintex Enterprise (PK). Alfred C. Toepfer Schlffahrt1,607 words
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Page 13 Advertisements
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Advertisement347 1980-01-08 13 DSRLINES-^— EUROPE/FAR EAST SERVICE See PageVl Column 3 for Sailings Agents SINGAPORE SHIPPING AGENCIES PTE LTD MARKETING *****2 GENERAL *****1 W Ms* EURO ASIA LINE SON BHD K l *****7 P KLANG *****1/3 PENENG *****/2 JARDINF. AMAH SAjL/A^G Orient Overseas Cotdcu+tesi Line FULLY COWTAIffItSED SERVICE TO EUROPE S'pwt PKeUni j347 words
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Advertisement303 1980-01-08 13 is I SEALORI) ANTAH m UASC UNITED ARAB SHIPPING CO (SAG) 9/1 Dubai (19/1), Dammam (21/1) Kuwait (23/1). Abu Dhabi (25/1) Bahrain (27/1). Mina Qaboos (29/1) >6/1 Dubai (5/2). Dammam (7/2) Kuwait (9/2). Abu Dhabi (11/2) Bahrain (13/2) Mina Qaboos (15/2) 0/2 Dubai (19/2), Dammam (21/2). Kuwait (23/2), Abu Dhabi303 words
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Advertisement563 1980-01-08 13 NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ) k jaceiin N PEARI c ro/e c paul IACiWON ME RCATOR 0 CM* f Spore P Kelang Havre Seated In Port 76 lan 1? Jan 14 lan 1 Feb 18 lan 19 lan 6 Feb 24563 words
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Advertisement657 1980-01-08 13 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. Singapote 2/***** Booking *****09 CfS ??17?7? lerminat ??***** <8311 *****9 4K3354 Penang iteo7S7 Pod Kflang *****3 jB/318 CfS *****8 mm CONTAINER Schedules II SHIPS In Port 11l SHIPPING List Vn UNER Profile VIH REGIONAL Weather VIII657 words
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Page 14 Advertisements
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Advertisement323 1980-01-08 14 Mm=m LEO SHIPPING PERNAS-MISC SBBL PTE LTD SHIPPING AGENCIES SINGAPORE n HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALA YSiAN HTERNA TtONAL SHPHN6 CORPORA TION BERHAD Biemenhaven. Aarhus. Copenhagen Helsinki 4) Malmo. Stockholm Oslo "Accepting Europe cargo tor feeder via S pore 'Also direct cargo lor Spore Bangkok Amsterdam.323 words
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Advertisement157 1980-01-08 14 B|s SUPERCARRIER SERVICE WEEKLY SERVICE FROM US ATLANTIC/GULF AND E. CANADA t«LI VESSELS BOTH AT BBS TERMNAL GOOOWN 47 WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA Via Rciaii FCt Mmn ortr TAIL HCSSCIS BERTH XT BBS TERMNAL GOOOWN 47 SINGAPORE CALIFORNIA EXPRESS CONTAINER SERVICE ONLY 22 DAYS157 words
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Page 15 Advertisements
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Advertisement550 1980-01-08 15 Overseas BH Containers Limited Weekly service to/from UK/Europe Australia Straits Container Line (A member of ANRO) Swire Straits Container Line (A member of JASCOL Integrated Service) Port Ketanj to Sabah. Sarawak and Brunei: <+ ACCEPTING CARGO AT LPK GO* 17 FOR UNITISATION ON DATES SHOWN ENQUIRIES HARPER WW A SDN550 words
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Advertisement241 1980-01-08 15 /to Franco Belgian Services (Fur Fast French Service uith Belgian Far Fasttrn Lines> r;.c acf consortium II D FAR EAST FRENCH SERVICE 1 W I a I 1 a Compaqnie Martin# Oes rtii'gtuFi meirbf ot ME D CLUB) mi comuosw serwce to memterramam fun cowTMßta* service mow meditemaicam Seatrain Pacific241 words
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Page 16 Advertisements
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Advertisement682 1980-01-08 16 Hapag-Lloyd FULLY CONTAINERISED TO EUROPE EXPRESS CONVENTIONAL TO EUROPE Spore PKelang Pen Blbao Geno) Hbutf Bremen Rdam Antwerp Ma. Rickmers b I 78! II I 78 J ?l 7 1 I 7 3 13 7 3 Ruesselsheim 7 IS 7 I? I if i 78 3 76 3 74 3682 words
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Advertisement673 1980-01-08 16 KOREA SHIPPING CORPN ALT AIR 147W ALTAIR 148E VEGA 145W VEGA 146E P.KELANG SPORE 10/1/80 15/1/80 FM BUSAN BANGKOK 14/1/80 19/1/80 TO BUSAN 4/2/80 FM BUSAN BANGKOK 8/2/80 TO BUSAN PENANG CALL SUBJECT INDUCEMENT KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC673 words
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Advertisement412 1980-01-08 16 EVERGREEN LINE r FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPIING CARGO FOK HAMBURG FEIKSIUWE. ROIIERUAM ANIWIRP If HAVRE AISO ACCEPIWG CARGO fOR UNHID KINGDOM SOUIHAMHUN lONDON MANGIM SI(R BIRMINGHAM BHISTOt UVtRPIKH GLASGOW LEEDS WEST WRMANY BRfMERHAVfN HOI I AND AMSIIRDAM Spore Hambtf f Fetnlowe Rotterdam fcrtirap le Havre Era Loral412 words
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Advertisement694 1980-01-08 16 Everett Lines PA AN F«302/10to« 11/13 to" HTANTANFNA 11/22 to* 24/25 too B F SS C Agents m Makiywo TEPS MALAYSIA Port Kelong Tel (38) 7355 Peoong Tel *****/***** Compania Argentina Da I|,i! TJJiliiflT I "ARGENTINE NATIONAL LINE" gj LOADING FOR DURBAN, CAPIiOWN. BUENOS ARES Spore PATAGONM ARGENTMA 24/25 lan694 words
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Advertisement777 1980-01-08 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 16/17 l*i 21/23 lan 14/15 Jan 11/20 lan loadng for: AOEL MEL BR IS. SYD BANGLADESH SERVICE 11/13 lan CIVTTAGONG. CHAIN* JAPAN/STRAITS777 words
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Page 17 Advertisements
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Advertisement468 1980-01-08 17 L. PIL GROUP EAST AFRICA/REDSEA SERVICE A SINGAPORE/CHITTAGONG/RANGOOH/SERVICES Singapore 18/22 lan Chittagonß. Rangoon SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES KOTA BANTFNG KOTA MACHAN 19/23 Jan SINGAPORE/INDONESIA/SINGAPORE SERVICES Pakistan National Shipping Corpn. Karachi loading lor: COLOMBO KARACHI Pan Islamic Steamship Co. Ltd. Karachi Pacific International Lines pte. ltd (joint service) Malaysia Shipping Corpn. sdn468 words
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Advertisement126 1980-01-08 17 CEYLON p3 SHIPPING CORPORATION National Line o< Sn Lanka LOADING FOR COLOMBO LANKA SAGAMKA NEPTUNE JASPER SINGAPORE PI KLANG/PENANG 11/1-21/1 22/1-24/1 ALSO ACCEPTWG CONTAfO SHTMENT TO C0L0*«O AGENTS STORE NEPTUNE AGENCCS (PTE) LTD PT KLAMG HARPER WRA SON BHD PtNANG HARPER MRA SON BHD JUGOLINIJA EAST RIJEKA REGULAR SERVICE TO126 words
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Advertisement939 1980-01-08 17 BENLINE CONTAINERS EXPRESS CONTMNER SERVICE TO/FROM EUROPE Sport P Ramatwa Mara 12/1 I 3/1 J/2 5,7 tarwt Bay IJ/I u/2 2/2 Thamtt Maru 21/1 23/1 J/2 u/2 Hamkw| Eiprttt 27/1 21/1 U/2 2t/2 Benaeon 4/2 2J/2 25/2 Luff pool Bail 10/2 1/3 3/3 !<*» Bay 12/2 6/3 «/J Cardigan Bar939 words
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Advertisement758 1980-01-08 17 Scan Dutch 9 El lirwfii j 1 wSui ly'iKfl: Spore 111 MseiAes 7l Rdani J) Htwrg Is Gbwg 11 Barceroru Genu (r*korii 7) Amsterdam Antaerp Lc Haere. Bdbao Basle S too (OPT) lirerpool UK. Cam Islands 3) Bremen Bremerkaeen CapiMium Helsinki 4) Mafcnc Stoctlwkr Oslo AA leader mirt acceptm| carp758 words
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Advertisement696 1980-01-08 17 BOUSTEAD AGENCIES 10A0S FOR E. I S. AFRICA CIDARBANR tNtuwun Durban llourn M CW I lunduni S pw* S Fft P *»lanj LVKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobile, Houston, Galveston) Sinfipore P Retanf Kuantan US U* MA SOW LYRES (d*ch I loads) 23/27 lan 6 Mar696 words
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Page 18 Advertisements
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Advertisement858 1980-01-08 18 T\ K LINE KAWASAKI KISEN KAISHA. LTD. E XPPE SS CONT AINL R Sf RV IC F TO NORTH AMERICA FEEIXR *SSELS* Ml Earier feeder nessete jKo iiUMM on rtquest Cargoes Jho acceptable for Oakland. Vancouver. Portland. Houston. Gaheiton. New Mm Boston St John. Phiao*pr«a Norfot Baftmore Saiannatv ladtsonvfle TO858 words
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Advertisement649 1980-01-08 18 E.C.CREAT LAKES SERVICE ioaomg for «n ram norfom Montreal rotoNio. »shiaBw/< Pfnjng BelMjn P «»ung Smjjpcre CALIFORNIA/PACIFIC NORTH WEST SERVICE !«<*€ to lOS MKEIES SMI FRMKSCO SEATTLE. TACOMA VANCOUVER BC EXPRESS CONTAINER/CONVENTIONAL/ REEFER SERVICE Pen»r>( P Mang Suigapoir I Awe SO I*»GALANO SO rim#* OUtNUO VTSHVA ASM VESSEL" VESSEL" rtSHv*649 words
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Advertisement728 1980-01-08 18 S SA V (»roiii> SINGAPORE SHIPPING AGENCIES PTE LTD ?otm floor ocean building Singapore 1 GtNERAL 9 1 5 1 LINESI __EIEX RS ***** RS ***** A/B CARSHIP CABL£ CARGOSMJP l!ci|i(Minl Mahicr Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK VOY «SM SS6N am ntH is9n 9SION 10S11N STOHdM) 9/10 lan 16/17728 words
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Advertisement671 1980-01-08 18 GRANARD LINE RED SEA/MEDITERRANEAN SERVICE Granard Shipping Agencies |S) Pte Lid Tel *****77 (5 Lmeil p «ei<nq Din Trading Sdn Bhd 'e 38/30' 38b93"> PVrMng A//a Shipping Trading Enterprises ?o?b.' GOLDEN LINE CUAN GUAN SHIPPING (PTE) LTD 21. TQOi AYEI STtEET SMGAPOM 1 HI: *****2 (IS LfCS) V I# Kuab671 words
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Advertisement636 1980-01-08 18 INTRASEA (PTE) LTD. Faber House. 234E Orchard Road Singapore 9 Telephone *****11/*****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE REGULAR SOi/FULL CONTAINER SERVICE TO EUROPE S pore P. KeUnf Penanf Loading far: MARITME VICTOR W867..„ta Port 9 Jan NANTES/UK (AVON) SONDWB69 22 Jon 26 lon BOULOGNE/UK (AVON) i PtSTIS WB7O636 words
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Page 19 Advertisements
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Advertisement170 1980-01-08 19 TRUCONTAINER EXPRESS INTERNATIONAL (S) PTE LTD Suite: 1311 SHAW TOWER, Beach Road, SINGAPORE Regular Container Service accepting FCL/LCL Cargo for I New Zealand Auckland, I Wellington, Lyttleton, Dunedin Australia Sydney, Melbourne, Brisbane, Adelaide, Sri Lanka Colombo Europe and U.K. Call *****81 Container leasing services BS ICCU CONTAINER U FLEET BS170 words
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Advertisement293 1980-01-08 19 SOON SENG GROUP Regular Service To East M'sia Vessel P Wang S pore P Gudang loading tor FONG SIANG Voy 101 In Port Kuchinj/Sibu FONG SOON Voy 201 8 Jan KK/STun Principal POUT KELAMG Agent Soon Seng Shipping Sdn Bhd 23 lalan Melayu Tel 03 9?6?14 9260/0 Telei MA 3066!293 words
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Advertisement301 1980-01-08 19 ZIK INTERNATIONAL FREIGHTWAYS PTE LTD CHTTAGON6 SERVICE vessel penang ATOLPHO REEFER SERVICE TO IAPAH VESSEL SPORE PENANG KAISEI MARU In Port t KILANG SWK 9/10 Jan. 12/13 Jan BRUttl 10/11 Jan Loading for Robe/ Yokohama VESSEL TO MBOLE EAST P KELANG STORE ROT* lATU 12/13 ton 15/16 ton loadinf to»301 words
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Advertisement64 1980-01-08 19 NOTICE DONG SI E UNE N.V. DONG 1L VOY 1Z T» arrive 1.1 J* AT PSA M 41 General Survey on damaged cargo discharged ex the above vessel will be held on Friday 11th January 1980 as from 9 00 a m to 12.00 noon. No further survey will be64 words
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Page 20 Advertisements
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Advertisement43 1980-01-08 20 Looking for EXECUTIVES PROFESSIONALS.. i CD Reach them at their homes through the appointments page in Sunday Nat ion Sunday Nation reaches 60% of the English literate executives and professionals in Singapore, For more details please call Francis Ng at 284-8844 Ext. 335.43 words
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Page 20 Miscellaneous
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Miscellaneous187 1980-01-08 20 HOf 120E WOB FAIR WOB FAIR WO6 RAIN A WOl FAIR WOB FAIR WO7 RAIN WO2 THUNDERSTORM THUNDERSTORM FWO2 jmm THUNDERSTORM fiunm jt. u IL^ «o> i < THUNDERSTORM < WOl THUfI THUNDERSTORM ooyi 0 iMJ OJ Is V 4 Direction of movement indicated by arrow and speed in knots.187 words
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