The Business Times, 18 January 1980
1980-01-18
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The Business Times
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Title Section10 1980-01-18 1 BUSINESS TIMES M.C.(P) No. 111/1/81 FRIDAY, JANUARY 18,1981 50 CENTS10 words
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BRIEFLY...
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Article79 1980-01-18 1 SINGAPORE has lifted its trade ban on Rhodesia which has been in effect for the past 13 years. The Department of Trade said yesterday that there will be no restrictions of imports from or exports to the British territory. Singapore took action in 1966 following a United Nations79 words
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Article85 1980-01-18 1 Reuter WASHINGTON, Thurs. The Carter Administration has embarked on a campaign to wrest the 1980 Summer Olympics from Moscow in reprisal for Soviet intervention in Afghanistan. Although various Olympic officials have said it is too late to move the Games, President Carter and his senior aides have statedReuter - 85 words
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Article88 1980-01-18 1 AFP BONN, Thurs. West German Chancellor Helmut Schmidt warned today that his country will have to make economic sacrifices because of its support for US-sponsored measures against Iran. In a speech to the Bundestag, he said West Germany will be "at the side of the United States" onAFP - 88 words
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Article96 1980-01-18 1 Reuter KUALA LUMPUR, Thurs. The Malaysian national oil company, Petronas, said it will sign agreement to supply the Petroleum Authority of Thailand with 2.7 million barrels of Miri light crude this year. They will be priced at market rates, currently U5533.60 a barrel. Petronas said the agreementReuter - 96 words
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Article97 1980-01-18 1 AFP NEW DELHI, Thurs. China has stepped up the movement of military hardware on a large scale through the Karakoram highway to bolster Pakistan's military preparedness, according to PTI news agency. Quoting knowledgeable sources here, PTI said today the highway, which connects Islamabad with the Chinese provincial capitalAFP - 97 words
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Article86 1980-01-18 1 AP NEW YORK, Thurs. The stock market declined slightly today, backing off a bit from the peak of its early-1980 rally. The Dow Jones average of 30 industrials dropped 2.99 to 862.20 in the first half hour. Losers outnumbered gainers by a 4-3 margin in the early tallyAP - 86 words
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Article139 1980-01-18 1 Rises Indices Lower Perak King* P M Hldgs Spore Fodder 300 350 380 161 44 30 26 18 B.T. Index: Industrials: Jan 16 Jan 17 3427.44 3439.97 453.46 452.44 S T P 1975 625 15 Finance: 827.62 827.31 Kramat 515 15 Hotels: 406.38 409.95 Metal Box Bhd139 words
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Article, Illustration159 1980-01-18 1 Rises Indices Castlefield 2000 130 Jan 16 Jan 17 Benta 490 30 B.T. Index: 5283.37 5331.06 Inch KK 900 30 Industrials: 490.18 491.84 Mentakab 428 28 Finance: 727.55 726.74 B Kawan 350 22 Hotels: 316.27 316.68 Sg Besi 1200 20 Properties: 305.52 306.92 S Mai Tin (M)159 words
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761 1980-01-18 1 WANG LOOK KEAH - NTUC TEAM TO MAKE TOUR By WANG LOOK KEAH A FOUR-MEMBER team from the National Trades Union Congress (NTUC) will leave on a two-month tour of six countries in preparation for the setting up of a labour college. The trade unionists are scheduled to761 words
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253 1980-01-18 1 Rubber breaks postKorean War record THE RUBBER price has broken through the postKorean War record of 334.5 cents a kilo, closing yesterday at 336.50 cents a kilo (February RSS One) after firm buying interest. Recent weeks have 9een a steadily climbing rubber price, with a marked increase over the new253 words
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Article472 1980-01-18 1 FUNDS to finance the $1 billion naphtha cracker plant which forms the core of Singapore's petrochemical project have started coming in. Financing for this project is expected to pick up by the middle of this year with the Japanese Exim Bank providing suppliers credit of472 words
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Article302 1980-01-18 1 THE GENERAL manager of the Telecommunications Authority of Singapore (Telecoms) has hinted at the possibility of replacing the bulky telephone directories printed each year with a computerised directory. With push-button phones planned for every home in the near future and a telephone coupled with a television receiver, the302 words
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297 1980-01-18 1 A FEASIBILITY stady commissioned by ike NTUC-Comfort *11 tlie MM •f liquefied petroleum gas (LPG) M an alternative motor fael for Its taxis is expected to come up with positive findings. Coadopted by Applied Research Corporation (ABC), the stady will probably297 words
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384 1980-01-18 1 PETROL that costs nearly a dollar-a-litre may be a reality as early as next week if the Government approves proposals for yet another oil price increase. A number of oil companies have already started discussions with the Government. An average of seven cents384 words
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Article121 1980-01-18 1 GOLD prices retreated yesterday from the recordbreaking levels reached on world bullion markets Wednesday. The US dollar remained steady, amid the frantic buying and selling of gold by investors panicking out of paper currencies and other assets. In London, where gold hit an all-time high of US$765121 words
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Page 1 Advertisements
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Advertisement8 1980-01-18 1 The MINOLTA EP 310 PRC does it all.8 words
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Advertisement57 1980-01-18 1 TRETORN Tennis Trainer 71~ T <&?. Excellent training mRT equipment for all tennis players. Both for services anc) ryBWR* stroke play. The return is as hard as the service. Supplied with spare elastics. Packed in attractive box with detailed instructions. Available at all sports shops I departmental stores Sole Agent57 words
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Advertisement70 1980-01-18 1 Leader Page I rasa: SHIPPING TIMES COST of living op 4pc In Sing*- INVASION of personal privacy p0re.......................................... 2 by c0mputer5............................ MANPOWER given top priority CATHAY (M) gearing up for at Bin tu1a................................. 3 dynamic thru5t......................... 11 FORECAST of strong Japan- DEVELOPER given option to Australia tie 5............................ 3 buy70 words
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Advertisement150 1980-01-18 1 FOR PEOPLE WHO MATTER A Tirres Periodicals p^biica'ior Mini VanMini cost. Maximum UtSty! r v V n WJ/ V"U* £~<-v* r "JS t fs»« J V A «N* I Ley land does it again! With the Mini Van. It's economical. Reliable. Tough. And versatile. They just don't come any better!150 words
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TRADE AND INDUSTRY
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Article428 1980-01-18 2 COURSES AND TALKS Jan 14-25: Basic Industrial Statistics, National Productivity Board Town Training Centre, National Productivity Board Jan 21-Feb 11: Sales Management, National Productivity Board Town Centre, National Productivity Board Jan 28-29: Project Control Through Critical Path Analysis, Hyatt Hotel, Price Waterhouse Jan 28-Feb 8: How to Identify428 words
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477 1980-01-18 2 TRANSPORT JUMP HIGHEST COST of living in Singapore rose by an annual rate of 4 per cent last year as consumers had to pay more for food, housing and transport and communication. These three categories accounted for four-fifths of the gain in the477 words
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Article, Illustration90 1980-01-18 2 SHANGRI-La's general manager Michael Kalyk has appointed Mr Robert van Mean as the hotel's new director of sales. He replaces Mr Michael Tan, who has taken up an overseas appointment with the Singapore Tourist Promotion Board. In yesterday's Business Times, the photograph purporting to show Mr Bend90 words
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260 1980-01-18 2 THE Department of Extramural Studies of the University of Singapore will hold a 10-lecture course on "English: Exercise in Speaking and Writing" in Nissen Hut SA, Joint Campus, every Wednesday from 7.30 to 9.30 pm, beginning from Jan 23. The lecturer will be Miss260 words
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Article75 1980-01-18 2 A Dutch manufacturer of machinery for bakeries has introduced a jelly-spraying machine under the name Jel-O-Mat. The company claims that the machine spreads jelly gently and evenly over the product without dispering or forming air bubbles and that there is no need for a compressor or75 words
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Article67 1980-01-18 2 THE AUSTRALIAN Institution of Engineers has estimated that at least ASIO.OOO million will be needed in the next decade to make a "useful start" on the development of commercial synthetic fuel plants in Australia. It said in a submission to the Senate Standing Committee on National Resources67 words
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Article, Illustration98 1980-01-18 2 HELI Orient, the Singapore-based South-east Asian distributor for Bell, Pilatus Britten-Norman, Dornier and Cessna aircraft, has sold its first Bell 2148 helicopter to a European country. The helicopter, sold to Norway, can carry 15 passengers or lift 3,600 kilo of cargo. Without the blades, it measures98 words
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Article293 1980-01-18 2 LEE YOKE MENG - By LEE YOKE MENG COMBUSTION Engineering Inc (C-E), a US-based cor-* poration with facilities and offices in 72 countries throughout the world, has opened a regional corporate office in Singapore. The Singapore office will coordinate activities of C-E entities already operating in the Far East and293 words
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396 1980-01-18 2 THIS YEAR looks like one in which the technology of micro-processors and novel electronics circuitry will win sufficient acceptance among amateur sailors to start to accompany most of them cruising and racing people to sea. It is arguable whether sailing a boat actually becomes more396 words
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Article81 1980-01-18 2 SINGAPORE investors and businessmen may find potential opportunities at a resources exchange fair to be held in Melbourne next year. The TRX 80 fair on Oct 14-17, organised by the Australian Innovation Corporation Ltd, is aimed at increasing awareness of technological change. Many new products and innovations81 words
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Article, Illustration107 1980-01-18 2 A MEDIA specialist from the US, Mr Joe Ostrow, will be speaking on media problems at the 12th Asian Advertising Congress, to be held in Singapore from Sep 15-19. During the congress, he will discuss global media planning and the key issues confronting media and107 words
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Article, Illustration93 1980-01-18 2 SYDNEY'S AJI6B million Eastern Suburbs Railway has opened in New South Wales. The first new passenger line in the state for more than 40 years, it marked the end of 60 years' planning and 20 years* work. Work began on the line in 1918, but it93 words
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Page 2 Advertisements
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Advertisement34 1980-01-18 2 V > Available at: oL s#^ m- m v IKi v fc Sports wear that equals the performance of Champions Golden Mile Orchard Bukit Timah Grand GRAND SLAM i for added confidence in your games34 words
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REGIONAL
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428 1980-01-18 3 MANPOWER, a critical factor in the implementation of projects in the Bintulu regional development area in Malaysia, is being given top priority. A series of studies undertaken from 1977 indicated that at the peak of their implementation, projects envisaged for the development area would428 words
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Article147 1980-01-18 3 AP MALAYSIA'S national carrier, Malaysian Airline System (MAS) is negotiating with three European airlines to lease a DC-10 aircraft to cope with extension of its international route, aviation sources said yesterday. The aircraft would be leased until early next year when MAS' third DC-10 isAP - 147 words
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184 1980-01-18 3 AP JAPANESE Minister for Industry and International Trade Yoshitake Sasaki said Wednesday that Japan would not cut back its economic relations with Asean despite its economic relations with China. He told a press conference, "China is China and Asean is Asean." He said JapanAP - 184 words
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Article132 1980-01-18 3 AFP THE RICH and poor countries will discuss a "new world economic order" and industrial "new deal" for three weeks in New Delhi, starting Jan 21. More than 2,500 representatives from 120 countries and various international organisations will gather for the third general conference of theAFP - 132 words
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449 1980-01-18 3 AFP APPARENTLY disturbed by the unexpected sharp increase in the prices of basic commodities in Indonesia, President Suharto has instructed the seizure of goods belonging to businessmen who raise prices. Mr Suharto, who last week declared that he expected better prospects for the Indonesian economyAFP - 449 words
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Article305 1980-01-18 3 Reuter PRESIDENT Ferdinand Marcos has announced that he may seek the disqualification of non-governmental candidates entered by one of the parties in his New Society Movement (KBL) if they win positions in coming local elections. His announcement at a rally for the Jan 30 elections, the firstReuter - 305 words
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Article, Illustration148 1980-01-18 3 MISS Australia 1980, 21-year-old Miss Eleanor Morton of Adelaide, South Australia, is a blonde beauty with international connections. She was born in Australia, but her father came from Belfast and her mother from Pittsburgh, US. She has travelled in Europe and in 1978 studied at Buffalo State College,148 words
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Article227 1980-01-18 3 BRITISH Foreign Secretary Lord Carrington and Indian External Affairs Minister P V Narasimha Rao met in New Delhi yesterday for talks on the Afghan crisis. The two ministers, accompanied by officials, were expected to discuss the implications of the Soviet military intervention in Afghanistan, particularly with227 words
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688 1980-01-18 3 Reuter, AFP THE DEVELOPMENT of trade ties between Australia and Japan will be far greater in the future than anyone can contemplate, Japanese Prime Minister Masayoshi Ohira said on Wednesday night. In a joint statement released earlier, Mr Ohira and Australian Prime Minister Malcolm FraserReuter,; AFP - 688 words
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142 1980-01-18 3 AFP TOURISTS from Hongkong, Taiwan and Malaysia will have an easier time visiting Thailand this year. This is because the Thai Cabinet has lifted a number of restrictions to encourage more visitors from these neighbouring countries. Hongkong citizens will no longer have to pay aAFP - 142 words
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THE REGION IN BRIEF
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Article400 1980-01-18 3 Agencies UNEMPLOYMENT ill Australia leapt from 296,000 in November to over 355,000 or 6.3 per cent of the work force, in December, the Bureau of Statistics said in its latest monthly survey. The sudden upturn in what had been a steady decline in jobless figures recently isAgencies - 400 words
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Page 3 Advertisements
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Advertisement179 1980-01-18 3 SSm. 4 3.8 m "3 1 Transporting Sundries is easier when the large loading area is flat and measures 1940 mm (6' 4") x 1310 mm (4' 4"). Transporting Furniture is easier when the cargo bed is completely flat. There is no obstructing wheel housing. Transporting Equipment is easier when179 words
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RAW MATERIALS
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562 1980-01-18 4 MALAYSiAI Primary Industry Mnister Datuk Leong Khee Seong has predicted that the price of rubber will rise to around 350 cents a kilo some time this year. It appears that despite forecasts of the impending recession, the outlook for rubber562 words
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255 1980-01-18 4 Reuter THE U.S. gave further details of its plans to sell 30,000 long tons of tin from its strategic stockpile at a meeting of the International Tin Council (ITC) in London yesterday, ITC delegates said. It plans to offer the tin for domesticReuter - 255 words
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Article87 1980-01-18 4 CHINA'S grain areas south of the Yangtze valley had above normal precipitation in the week ended Jan 13, while temperatures have dropped below normal, bringing dormancy to winter grains, the US Agriculture Department said. In its international weather and crop summary, the department said the crop would benefit87 words
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Article191 1980-01-18 4 YARN and cotton prices were.quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattea yarn: China Blue Phoenix 20s 2,320; 32s 2,830, 40s 3,045 (per bale of 400 lbs). Piece goads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly unq;191 words
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Article257 1980-01-18 4 THE SINGAPORE market closed slightly higher yesterday with February One RSS buyers quoted at 336.50 cents per kilo, up three cents from Wednesday's close, dealers said. Morning prices were marked up about 1.75 cents on buying interest and higher London advices, they said. Afternoon prices gained some ground, after257 words
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Article342 1980-01-18 4 R A S. prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt f.o.b. 332 75 333 75N Int. 1 R.S.S. February 335.25 335.75 Int. 1 R.S.S March 338 50 339 00 Int. 2 R.S.S. 320 00 321.00N UK Coat 319.00 320.00N Int.342 words
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Article121 1980-01-18 4 NOON SSR u >d SMR mew vwterdiv RA8 SSR 20 SSR 50 MRELB II ton 11 Ion pellet 1 pellet* Ftbrttry (Current Mtk) Buyer* Seller* 295 50 297.SON 292-50 294 .SON Marck (Forward Mtk) Buyer* Seller* ***** 299SON ***** 296SON SMR CV SMR L SMRS SMR CP121 words
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Article143 1980-01-18 4 PENINSULAR Malaysian rubber production rose to 138,465 tonnes in October from 134,321 tonnes in September, but was lower compared with 141,602 tonnes in October 1978, the Malaysian Statistics Department said. Total output for first 10 months of 1979 was 1.23 million, unchanged from the same 1978 period. Imports143 words
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Article77 1980-01-18 4 THE Straits tin price in Penang yesterday rose Msl7 per picol to $2,143, to stand $193 above the International Tin Agreement ceiling, dealers said. The rise was mainly attirulrated to smaller turnover, with farther sustained baying locally and from Japan, US and Europe helping the market, the higher77 words
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Article39 1980-01-18 4 Rubber: Jan 17 Singapore: February: 336.50 cents (up 3.00 cents) Malaysia: February: 337.50 cents (up 3.00 cents) Tin: M 52,143 (up $17) (equivalent to $35.43 per kilo) (up 28 cents) Official offering: 152 tonnes (down 48 tonnes)39 words
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Article89 1980-01-18 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from January 17, until further notice: Robber: 304' i cents a kilo; Cepra: Mi 1,031.35 a tonne; Palm kernel: $955.75 a tonne; White pepper: $4,567.04 a tonne; Black pepper: $3,135.63 a tonne; The rates of duty89 words
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Article126 1980-01-18 4 CBT soybean futures closed mostly lower on Wednesday, losing as much as two cents a bushel while clinging to gains up to 2'/« cents. Large scale commission house selling and late hedging put pressure on beans at the close, traders said. Locals were on both sides of trade with126 words
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Article131 1980-01-18 4 PRICES ruled mixed yesterday in Kuala Lumpur on a steady undertone with activity confined to local covering interest, dealers said. Trading was moderate with January position in the central region easing Mss to $1,075 per tonne. In the north, it rose $5 to $1,090 and was unchanged at131 words
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Article288 1980-01-18 4 ALL WAS quiet in the Singapore produce market yesterday with prices still moving on an easier bias. Dealers said that in the absence of interest from the big buyers in Europe and America, there was a general disinclination to open fresh commitments. In the pepper sector, some covering288 words
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Article323 1980-01-18 4 SINGAPORE: Yesterday 1 closing prices in SJ per kilo ex-godown: THAI WHITE: 100 per oen first class (Kangaroo) nev crop 1.00, 100 per cent secorx class 0.83, 100 per cent thirc class 0.80, 25 per cent new croj no stock, B-10 per cent 0.70. THAI BROKEN: A-supei 0.63, Special323 words
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Article181 1980-01-18 4 CBT wheat futures closed 2 to four cents a bushel higher, but finished off their highs for the day. Late selling by an exporter trimmed gains as locals traded both sides of the nervous market, traders said. Traders traced the upward trend in wheat to exporter pricing for recent181 words
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Article997 1980-01-18 4 SUGAR: Number two raw sugar futures ended the morning £0.85 to £1.30 higher in a turnover of 3,117 lots. Number four contract was up two to one per tonne after trading 1,009 lots resulting mainly from a large block self trade in the May 1961 position. Values eased997 words
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ASIAN STOCKS
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Article691 1980-01-18 4 TOKYO THE MARKET was weak on light volume yesterday because investors refrained from actively buying, reflecting restrictions on margin trading which were put into effect on Wednesday. Non-life insurance, real estate and pulp and paper issues led the market in the morning. Some speculative issues were heavily traded691 words
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Article345 1980-01-18 4 Source: SHK Sec THE MARKET yesterday took heart from the government's indication that there are no imminent plans to inhibit property speculation and property shares were the best performers. Tai Cheung was sharply higher at HK53.275 following rumours of a bid to come from Chinese interests while Cheung KongSource: SHK Sec - 345 words
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Article315 1980-01-18 4 THE market closed higher yesterday on a late rally, after profit-taking earlier pared sharp morning gains, dealers said. The gold price rise aided sentiment, as did rumours Japanese Prime Ohira's current visit to Australia would result in an agreement on joint financing of Rundle shale oil development. BHP rose315 words
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Article134 1980-01-18 4 THE market closed mixed with commercials, industrials and oils posting gains, while minings were easier, dealers said. Turnover rose to 48.4 million pesos from Wednesday's 45.4 million. JAN 1? Pesos Acoje Mining 009 unch Atlas Con A Atlas Con. B I 41.00 -535 Bagulo Gold 0088 -***** Benguet Con.134 words
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Article253 1980-01-18 4 SPECULATIVE counters yesterday continued to rise sharply, but most stocks remained stable, dealers said. First Trust, Capital Trust and Asia Credit rose 5 per cent to 78.50, 68 and 159 baht. JAN 17 Bahts Asia Credit 156 7 Asia Fibre 141 5 Ayuttlaya Inv And Trust Bangkok Investment Bangkok253 words
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Article50 1980-01-18 4 FINANCIAL TIMES INDUSTRIALS Wednesday 455.5 Tuesday 441.7 Week ago 423.5 DOW JONES AVERAGE INDUSTRIALS Wednesday 865.19 Tuesday 868.60 Week ago 850.00 H.K.HANG SENG Thursday 860.94 Wednesday 842.49 Week ago 853.21 SYDNEY INDUSTRIALS Thursday 615.05 Wednesday 608.84 Week ago 589.70 ALL ORDINARIES Thusday 824.13 Wednesday ***** Week ago 777.7950 words
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Page 4 Advertisements
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Advertisement26 1980-01-18 4 Discover the Finer Cloths in Pure New Wool jr® Keith <£) Henderson (Savileßow)Ltd. So*« Agent Fielding, Brown Finch (F.E.) Ltd (Incorporated »n Hongkong; Tel *****11 *****12 a26 words
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OVERSEAS
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Article701 1980-01-18 5 ARRIVALS Service Local Operator Number Time From GIA GA90O 1030 HLP MAS MH605 1045 KUL SIA SQ103 1045 KUL GIA GA944 1055 PKU GIA GA906 1100 MES SIA SQ240 1210 MES PAL PR501 1135 MNL SIA SQ65 1155 MNL SN SN287 1200 BRU/DXB/BKK GIA GA982 1230 HLP701 words
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450 1980-01-18 5 AP TOKYO officials have said that a total cutoff of Iran oil to Japan will be "a major shock to the Japanese economy" and the country can only comply with economic sanctions against Iran if voted by the United Nations. TheAP - 450 words
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Article125 1980-01-18 5 Reuter IRAN may seek new partners in its petrochemical industry, possibly from the Eastern bloc, if Japan is unwilling to complete the building of the Iran-Japan complex at southern Bandar Khomeini port, Oil Minister Ali Akbar Moinfar said. Mr Moinfar said: "We have been carrying out studiesReuter - 125 words
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192 1980-01-18 5 Reuter FINANCE Ministers of the Organisation of Petroleum Exporting Countries (Opec) have decided to change their special fund for aid to the Third World into a new international development agency. But the one-day meeting in Vienna on Wednesday did not agree onReuter - 192 words
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81 1980-01-18 5 UPI AMERICA'S industrial production rose 0.3 per cent in December, despite its being the worst motor vehicle production month in 44 years, the Federal Reserve Board said on Wednesday. The small gain in the output of the country's factories, mines and utilities reversed two consecutiveUPI - 81 words
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591 1980-01-18 5 Reuter, UPI PRIME Minister Margaret Thatcher's economic policies received a jolt with the announcement that Britons' average earnings soared 19.2 per cent in the year to last November. The figure, released by the Department of Employment on Wednesday, represents the biggest wage boom since 1976Reuter,; UPI - 591 words
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WORLD IN BRIEF
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Article392 1980-01-18 5 WEST German investment fund business last year dropped sharply, the German Investment Fund Association (BVI) said. Investment inflows for 1979 stood at 2.20 billion marks, compared with 6.27 billion marks for 1978. HARDLINE Arab slates ami the Palestine Llberattoa Orgaalsatlaa (PLO) m Wedaeaday called far the paatpaaemeat af392 words
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Article130 1980-01-18 5 UNITED Nations SecretaryGeneral Kurt Waidheim has held "delicate" discussions on Iran and his aides have shrugged off Teheran denials that he would be acceptable as a mediator. Diplomatic sources said Mexico and possibly two other members of the nonaligned groups of countries are considering the possibility130 words
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Page 5 Advertisements
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Advertisement192 1980-01-18 5 Now Daily! The fastest direct flight to Hong Kong. San Francisco and New York. Pan Am's Flight 6 leaves Singapore daily at 7a.m. on the fastest one-stop hop to San Francisco via Hong Kong. And thereon, direct to New York. On Pan Am you fly our latest 747SP's which can192 words
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Article379 1980-01-18 6 THERE can be little doubt that the establishment of a labour institute is a logical extension of the activities of the trade union movement in Singapore. If the labour movement is to assume a more important role in promoting the welfare of workers, the need for an379 words
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Article286 1980-01-18 6 M. RESEARCH and development has become a fashionable phrase since Singapore began encouraging the growth of more sophisticated industries. Tax concessions have been draftn up, liberal incentives given and organisations formed or proposed to help strengthen indigenous research and development. Inevitably, as with all286 words
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Article, Illustration1836 1980-01-18 6 TERRY DODSWORTH,DAVIF WHITE - According to the Barre strategy, France must move towards the West German or Japanese economic model, supporting a strong industry capable of carrying the import burden by its competitiveness overseas. By TERRY DODSWORTH,DAVIF WHITE FT THROUGHOUT 1979 there was steady, accumulating evidence ofFT - 1,836 words
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Article394 1980-01-18 6 W L PAWSON is a modestsized UK quoted company and there was little to take note of when its chairman forecast recently that he expected the company to retain its recent growth rate through the eighties. Then an enterprising young friend got to work with his394 words
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Page 6 Advertisements
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Advertisement148 1980-01-18 6 DA uvi W rm 8 r" together the most sophisticated audio-visual, hi-fi equipment and related services available. This will be an excellent opportunity for manufacturers and suppliers to demonstrate their highly-advanced equipment. Auvi 80, to be held at the World Trade Centre from 2-6 July 1980, will be widely promoted148 words
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Page 6 Miscellaneous
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Miscellaneous1368 1980-01-18 6 Closer look at big cats THE HIGHLIGHT tonight, as an mast Friday nights, la RTB TV Mavte ever Ckmel Five at ».54pm. This skit ku had ft reasaaable namber M quality mtvlei ttthMgt mast cm be classified u either medlecre er simply Tonight's afferiag stftrs Lauiae I imrr aad Charles1,368 words
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Article, Illustration1471 1980-01-18 7 RONNIE LIM - RONNIE LIM elaborates on the first of many lorry-loads of colour TV tubes that will shuttle along Jalan Ahmad Ibrahim and Benoi Road, one of Jurong's major crossroads, from Asahi TV Glass plant to Hitachi Electronic Devices TV tube plant. Asahi TV Glass will come on-stream1,471 words
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Article848 1980-01-18 7 NYT ARE THE problems facing the Ford Motor Company of such magnitude that it will end up, like the Chrysler Corporation, seeking Federal financial assistance to keep it afloat in the United States? The question is a fair one, say some Ford executives. But their answerNYT - 848 words
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Article838 1980-01-18 7 QUEK PECK LIM - forum; with QUEK PECK LIM THE WAY we handle affairs in Singapore must bewilder, if not confuse, the foreign observer. A quarter of a century ago, we elected a government propounding specific egalitarian principles. Yet, it was not too long after that elitist concepts began creeping838 words
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Page 7 Advertisements
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Advertisement28 1980-01-18 7 '""YOUR CHILDREN $22.75 JL f sif $16.00 Visit Our UNDER $1/- COUNTER! Free poster with purchese i 1 of books listed Robinson's Bookshop CI ifford Centre. Tel: *****28 words
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Page 7 Miscellaneous
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Miscellaneous20 1980-01-18 7 Bristow Fmnk Ehckeus weee u>e P*G»FMN> >/ou lucky Re.oPlc BRCK. I Srv .PON-T TOy FO\ST thpvt urg»C R°>CK£.T OM V20 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article295 1980-01-18 8 JAN 16 Frs COKBE1IXE Air-Liquide 495 2 B S N Gervais Oanonc 924 6 C S F (ThomsonCsf) 530 15 t"»e l- ranraise des Petroles 236 10 -54 Compagnie Financier? C'ompagnie General? 335 -2 Credit Poncler De France 450 -2 Harhette (Libralrie i 204 80 >43 Machines Bull 66295 words
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Article87 1980-01-18 8 JAN 16 Frs FORWARD MARKET A(*ff 340 18 Arbed 2410 30 Astur 570 14 Brascan 568 8 Br u-Lamb Canpac ZZZ 1058 *36 Cock 358 -2 De Beers 350 6 Ebes Electrobel Gb-Inno-Bm 2405 -15 Gev 930 -10 Hobok 2930 10 Petro 5710 20 Ryl Dutch 2210 unch Sldro87 words
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Article208 1980-01-18 8 JAN 16 Dm Arg-T»lrfunlten 3510 Akzo 21 10 -01 AIU Leben 860 00 -10 Allz Vers 470 00 05 BASK 135.30 -0 3 Bay H T Wbank 231 00 252.50 -05 Bayer 122 40 -0 8 BBC 285 0011 BMW 160 00 ***** -1 Chem Verw Commerzbank Conn Gummi208 words
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Article223 1980-01-18 8 JAN 16 FIs AHN 299 50 -45 Ahold 85 00 Akzo 23 40 unch AMEV 101 80 13 Am (as 116 50 1 Amro Bunk 63.30 -07 BerftMft 44 00 ♦0.5 B*>rk 92 40 0.4 Mi 60 70 0.1 Borsumij 172 00 3 Burhmann 57 50 -0 7 Bvenkorf223 words
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Article190 1980-01-18 8 JAN 1« Francs Actions Suisse* 289 Alusulsse Br 1290 -5 Alusulsse Reg 479 -6 Brown Boveri Br 1780 -20 Clba Gelgy Br 1225 -25 Clba Gelgy P C 975 -5 Clba Gelgy Reg 876 -5 Credit Suliv Br 2315 •10 Credit Suisse Reg 436 unch Elektrowalt Br 2180 10190 words
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Article95 1980-01-18 8 JAN 16 Lire Anlc 975 025 Assoc Gen ***** -800 Basiogi Central* 7680 390 Flat Unsider 86 unch Gen Immob 67 75 -05 IFI Prl 2549 -21 Italcementl ***** 320 ■taigas 791 5 Italsider 245 J Magnet) M Pf soi 0 75 Mareili Ere 354 I Mediob ***** 50095 words
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Article1289 1980-01-18 8 NEW YORK THE STOCK market on Wednesday suffered a bout of profit-taking late in the day and prices ended narrowly lower in very heavy turnover. Analysts said stocks were due for a correction after recent strength and that late weakness in the dollar, silver and gold stocks1,289 words
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Article219 1980-01-18 8 JAN 16 CS Abittbt 21** Si A lean 65 -is A1 go ma 36'. 2 Bank Mont 26S Bank Nova Scotia 25 unch Bell Tel 20 s Beth Corp BP Can Lid IIZ 37 S unch Braican 23 unch Camp Red LaJce 37'j -IN Can Imp Bk 26 <219 words
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Page 8 Advertisements
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Advertisement181 1980-01-18 8 Where to wine, dine and entertain w Come, sample' an experience! DOLPHIN CAFETERIA World Trade Centigjf you musn't miss it! If Delectable local dishes and Western lunches set in daintily stylish Scandinavian decor. Popular SELF-SEKVJCE lunch daily. From 10.30 am to 3 00pm and snacks from 3 00pm spm You181 words
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Advertisement220 1980-01-18 8 For drinking. For dancing. For delightful evenings. Music by Bacchus International of London. it t >< >ip f/ St 1111 A' 'J pm t" 2 i;tn SI 5 l'i"'d u/ <(. /'u/x'i > itw I\(iintii fRI SA I 9 /'w /</ i ,;w S7> ihjrjkfi V <( v I\t Jnni220 words
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Advertisement158 1980-01-18 8 See Page 4 for Asian stocks See Page 9 lor Jo'burg prices a <2 m Sea-Food prepared by our exclusive Thai Chefs It's the talk of the town. I ®«*r a ~T~ Call Josephine for Call Josephine for reservation* *****75 or *****11 x 107 ■J Merlin's New Grill Room It's158 words
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Advertisement172 1980-01-18 8 LUNCH AT HHPS Savour the true flavours of Singapore in cool, exotic, tropical surroundings at the newlook Hin's Heavenly Cookhouse Choose from a whole variety of local foods like Murtaoak. Steam-boat. Malay Curries, Noodles. Smoked Duck and Suckling Pig. Satay. Chilli Crabs Exceptional Cantonese menu Dy celeorated Hong Kong trained172 words
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Advertisement58 1980-01-18 8 Robin's Tavern. The place to go to, after work. To relax, and to eqjo? your favourite drink. In a cosy, soothing atmosphere with cool, JO cool music provided by alive group. Visit us at 'V/jMtLgMMTj I Robin's Tavern we know you'll like it. Happy Hoars: *-7 p.a. Dlnout. JKKLb HOTEL58 words
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BANKING AND FINANCE
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633 1980-01-18 9 THE US dolllar is expected to continue weaker against the yen, the Dutch guilder and the Australian dollar. In the case of the yen, a combination of factors will lend added strength to the unit. The external accounts are expected to improve as last633 words
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Article299 1980-01-18 9 EEC urged to support THE European Common Market was urged to work out a policy for central banks to take united action on the markets in support of the US dollar. Italian Foreign Minister Attilio Ruffini said the common market should urgently work out this policy to coordinate actions in299 words
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317 1980-01-18 9 THE Japanese Finance Ministry has told Japanese banks it will introduce new guidelines to regulate their participation in dollar syndicated loans from April this year, to ease the present virtual ban and permit them to re-enter the syndicated loan market. The new guidelines317 words
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458 1980-01-18 9 Reuter SOUTH KOREA is expected to resume state borrowing on international financial markets soon, following Saturday's 16.55 per cent devaluation of the Korean won. Hongkong bankers said they expect the country's commercial borrowing programme to resume, now that the previous uncertainty surrounding the expected devaluation,Reuter - 458 words
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Article65 1980-01-18 9 US Ambassador to the Common Market Thomas Enders prodded Western Europe to stop subsidising export credits for the Soviet Union. While praising the solidarity of Washington's European allies with US efforts to retaliate economically against Moscow for its invasion of Afghanistan, Mr Enders suggested they could65 words
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Article525 1980-01-18 9 AN American telecommunications expert feels that the masses of individual data stored in computers has led to an invasion of individual privacy, an invasion that has an even greater impact in the case of the banking system. But serious though this situation appears to be,525 words
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Article357 1980-01-18 9 THE International Monetary Fund has allocated 4,033.3 million special drawing rights (SDRs) as of Jan 1 this year to the 139 members that were participants in its SDR department on Dec 31 last year. This allocation is the second made in accordance with a Board of Governors357 words
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MONEY AND EXCHANGE$
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Article384 1980-01-18 9 STERLING declined in early foreign exchange dealings yesterday against a backdrop of an intensification of the steel strike and a sharp drop in short-term sterling interest rates, dealers said. The pound fell to below U552.26 from the opening at 2.2665/75 and compared with a late 2.2673/85 in Hongkong and384 words
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Article382 1980-01-18 9 THE FOREIGN exchange market was relatively quiet yesterday, with sterling being the only volatile currency. Starting at 1.7235/45 against the Deutschemark, the US dollar remained around that level for the day and closed slightly easier at 1.7225/35. Against the yen, the US dollar opened at 238.50/60 and not382 words
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Article113 1980-01-18 9 THE U.S. dollar for overnight delivery closed at 238.70 yen in quiet trading yesterday, up from a 238.00 opening but slightly down from 238.80 at Wednesday's close, dealers said. Trading volume was US$694 million. The dollar recovered moderately in light late trading on limited import covering by Japanese traders,113 words
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Article54 1980-01-18 9 AUSTRALIA/NZ exchanges quotes yesterday: US dlr 1.1133/1.1085 Sterling 0.4929/0.4810 Ninety day airmail buyiung Sterling 0.5183 US dlrs 1.1661 Ninety day forward buying Sterling 0.5015 US dlrs 1.1247 New Zealand Reserve bank midrate US dlrs 0.9878 Trading bank indications: Sterling 0.4368/0.4338 US dlrs 0.9928 0.9828 Ninety day airmail buying Sterlimg54 words
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Article22 1980-01-18 9 THE average rale at which major Singapore banks are currently prepared to lend to their beat customers is 9.9 per cent.22 words
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Article142 1980-01-18 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Jan 17: 7 days 1 month 2 months 3 months 6 months 9 months 12 months U8 DoLl*r»(Spot) Offer Bid 13'• 13*« 14 13'4 14 7/16 14 5/16 14 13'* 14 13H 13"i 13V. 131/16 12 15/10 1 month142 words
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Article46 1980-01-18 9 RANGE of prices offered by discount bouses on Jan 17: Overnight: Call deposits: 6>< to lut Clomag Buy in j Selling 3-month Treasury bills 6'. 6H 3 month Bank bills 10 3/16 101/16 3 months CD 1015/*****3/16 6 months CD 1011/*****/16 Source: National Discount Co46 words
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Article30 1980-01-18 9 FRANKFURT exchanges opening quotes yesterday: US 1.7234/44 Stg 3.904/906 Can 1.4790/98 Dfl 90.67/77 Sfr 108.50/67 Lit 2.140/2 Ffr 42.61/9 Nkr 35.07/11 Bfr con 6.150/60 Bfr fin 5.966/976 Yen 0.7207/1730 words
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Article290 1980-01-18 9 GOLD futures in Singapore closed narrowly mixed yesterday after fluctuating marginally throughout the day in light trading, dealers said. Turnover for the day was recorded at 387 lots while turnover for kerbs was 134 lots with interest again centred on February and April contracts, they said. February closed easier290 words
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Article318 1980-01-18 9 JAN 16 Rand INDUSTRIALS A Alpha 262 -3 A bercom 300 -15 AE And CI 590 -10 AMIC 2100 Barlow* 830 2 Cg Sugar 1)00 CNA 395 -5 Currle Finance 150 5 De Beers Ind F-dcon ....111 495 15 Edgars 5600 25 Fveready Fed Volk -Z... 460318 words
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Article171 1980-01-18 9 THE U.S. dollar was quoted generally steady yesterday against major currencies in quiet late trading on lack of new developments in Iran and Afghanistan and with operators holding mostly small, squared positions, dealers said. The US currency was slightly lower at 1.7235/40 marks, in line with Wednesday's European close,171 words
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Article185 1980-01-18 9 AN intensive three-day course in financial survival and international investment strategy will be held in Hongkong from March 3 to 6. Organised by the World Money Analyst, an international investment newsletter, the 1980 Hong Kong Investment Seminar will offer participants ways of adopting an international outlook185 words
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170 1980-01-18 9 MERRILL Lynch International recently announced the appointments of David Montagu as chairman and of John Craven as deputy chairman and chief executive of its banking group. The group conducts Merrill Lynch's international commercial and investment banking and trading activities through units located in London, Paris,170 words
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Page 9 Advertisements
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Advertisement299 1980-01-18 9 We have a history of making money grow Lombard North Central is part of j one of the world's largest banking 1 groups and we have a history whicHi covers more than 100 years. It We offer a range of deposit schemes which will produce maximum interest whilst giving flexibility299 words
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1994 1980-01-18 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 I INDUSTRIAL COMMERCIAL Acma (2.5381,994 words
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Article160 1980-01-18 10 SINGAPORE UNIT TRK8T INCOME BOND UNIT (Nuiftn' prtoca tar Jm IS) (Curat pH kca) TV Commerce 2.34 2.48 Income Bond 1 19 126 The Saving Fund 1.51 1.60 S pore Prog Fund i.e 1.11 S pore Sec Fund 183 1.94 MARA BI MIPITKA S pore Invest Fund 140160 words
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Article2780 1980-01-18 10 1979/80 Last Div Div Y'ld Net Vol Day High Low Company Sale +or- C'vr P/E C000) High Low SECTION ONE 4 INDUSTRIAL A COMMERCIAL 261 207 Acma 260 4 15.0 2.2 5.7 135 I 260 260 223 123* Alcom 223 10.0 1.3 4.4 29.7 146 110 Allied2,780 words
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Article2100 1980-01-18 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. INDUSTRIAL# Kern* (2 468 2.US) AIMOMto (3.605) Atoam (2.188 2.206) (1) 22,100 words
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Article, Illustration682 1980-01-18 10 THE SINGAPORE stock market finished urnvly mixed li fairly active tratfag yesterday. The patten trading was similar ta tkat of the prevleas day. After a firm opening, the tread weakeaed m pnflMaUag and same Uqnldatt—. Teehaleaily, however, the market remained (airly Strang as reflected by682 words
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Article582 1980-01-18 10 THE Kuala Lumpur stock market paused for a breather yesterday, after three consecutive sessions of uptrend. Prices fluctuated to close on a slightly easier bias. Profit-takers made their presence felt after a steady opening but losses were generally small, suggesting that the selling was582 words
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COMPANY NEWS
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Article, Illustration1068 1980-01-18 11 Cathay Organisation (Malaya), one of the largest film distributors and cinema chain operators in Malaysia, is gearing itself for a more dynamic thrust in the 1980s. DAVID CHOW in Kuala Lumpur reports on the expansion plans at Cathay. NEXT month, Cathay1,068 words
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Article253 1980-01-18 11 Dale Last Fall Year Company Period Announced Net EPS Greeo Pre-tax Inst year (cents) Dfv. Profit <%) (I**) B ATS I 1/12 5.1 17.0 3,983 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 F 12/1 19.1 27.5 27,068 Folex Ind253 words
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Article371 1980-01-18 11 Current Ex Books Date Total for Total for Payment Date Cloae Payable the year Previous year Wearnea 12% Jan 7 Jan 14 Jan 18 17% 17% Lien Hoe 8% I Dec 18 Dec 29 Jan 21 8% 13.5% Miiin Ctainera 11*1 Dec 11 Dec 21 Jan 21 11%371 words
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Article103 1980-01-18 11 Company Particular* Ex Date Books Close M Breweries Lingui Bonus Issue of 1 for 2 Bonus Issue of 5 for 3 Jan 24 Jan 22 Jan 31 Feb 1 Temerlob Sentosa Bonus Issue of I for 1 Bonus Issue of 1 for 3 NYA NYA NYA NYA T103 words
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Article110 1980-01-18 11 JOHAN Tin Dredging incurred a loss of $11,464 in the six-month period to July 31, 1979. The company, which stopped all mining activities in Dec 1978, received a gross income of $4,606 from quoted Malaysian investments for the period under review. Results below the110 words
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221 1980-01-18 11 CASTLEFIELD (Klang) Robber Estate, a small robber company coder the Harrtsoos and Croofleld management stable, is now holding diseossions on the proposed sale of its Castlefield Estate to a development company. The present negotiations also centre on how Castlefield eonld be involved as221 words
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347 1980-01-18 11 SAN Holdings, after having resolved its legal problem, has reported a pre-tax loss of $162,729 for the half year to Sep 1979, compared with a loss of $44,406 previously. Group turnover, revenue for the period stood at $74,500 (nil) comprising dividend income from347 words
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Article, Illustration684 1980-01-18 11 PHILEMON SOON - By PHILEMON SOON THE Malaysian equity market has entered the new decade flushed with new-found enthusiasm. Market operators, in fact, have gone on a buying spree in a broad selection of lower-liners in the first few weeks of this year. The stock684 words
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Article438 1980-01-18 11 by HOCK LOCK SIEW COMPANIES, even those in the same line of business, seem to be taking diverse approaches on Malaysia's New Economic Policy (NEP). Take the two soft-drinks manufacturers, Yeo Hiap Seng (YHS) and Fraser and Neave. According to the managing director of YHS, Mr Alanby HOCK LOCK SIEW - 438 words
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Article522 1980-01-18 11 LOWES Perak Tin Dredging has reported a loss of MS19.000 for the half-year ended Oct 31, 1979 compared with a profit of $1.21 million previously. Output of tin concentrate during the period stood at 101 tonnes (161 tonnes), while the average price per picul of tin metal was522 words
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Page 11 Advertisements
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Advertisement131 1980-01-18 11 fti® mm mEk&i purpose written book is |HH|PPffiHwm»iual to how one can offers a framework which is based on IfiMcivtg (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 ideas can be combined131 words
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313 1980-01-18 12 INDUSTRIAL research and development in Singapore will have to be geared towards improving the quality of present products and innovating new items from existing technology. This is because there will be no room for fundamental research and development, said Mr Eugene Yap,313 words
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Article129 1980-01-18 12 UPI INDONESIA will seek increased US military assistance if Vietnam fails to withdraw its troops from Kampuchea and continues to threaten the security of the region, US Senator Carl Levin said yesterday. Senator Levin who held talks Wednesday with Foreign Minister Mochtar Kusumaatmadja, said IndonesiaUPI - 129 words
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Article108 1980-01-18 12 SINGAPORE Airlines (SIA) has sold a Boeing 707 aircraft to a Houston-based oil company. The sale is in line with a programme to phase out its Boeing 707 fleet by 1982. The aircraft which left yesterday for Long Beach Airport was accepted by the purchasing company108 words
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Article, Illustration68 1980-01-18 12 GOLD rocketed through the USs79f-&n-oance harrier In Europe on Wednesday in an "absolutely crazy" market, closing in London at $755, after a morning fix of $7C5. At midtown New York's jewellery centre, a security guard allows one person in at a time into the crowded precious metalUPI picture - 68 words
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153 1980-01-18 12 THE BUSINESS Times index of average prime lending rates is steadily edging-up to a 10 per cent high with the Oversea-Chi-nese Banking Corporation (OCBC) joining other major banks and announcing a hefty 0.5 per cent increase in its prime rate to 9.5 per153 words
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Article34 1980-01-18 12 THE Parliamentary Secretary to the Malaysian Primary Industries Ministry, Abdul Rahim Thamby Chik, said yesterday that there are positive signs of gold deposits in several places throughout Malaysia including Negri Sembilan.34 words
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Article749 1980-01-18 12 LONDON, Thurs. The market closed easier after a quiet session today. At 3 p.m., the Financial Times index was down 6.1 points at 449.4. Gold shares traded easier for much of the day, reflecting the fall in the bullion price but were rallying at the close as the749 words
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381 1980-01-18 12 THE Technology Transfer Institute Singapore (TTIS) will help organise two technical forums for private companies and government bodies. A one-day forum on medical electronics and biological engineering will be held on Jan 30 at the Century Park Sheraton hotel. The other, on381 words
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Article117 1980-01-18 12 AFP CHINESE Foreign Minister Huang Hua will start a six-day official visit to Pakistan today which takes on exceptional interest because of the Soviet intervention in neighbouring Afghanistan. China and Pakistan have had particularly cordial relations for nearly two decades based on political andAFP - 117 words
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253 1980-01-18 12 THE THIRD Mac Donald outlet will open soon in Robina House well within the reach of office workers, bankers and businessmen working in the Central Business District. The managing director of the well-known hamburger chain, Mr Robert Kwan, yesterday said construction work253 words
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Article57 1980-01-18 12 UPI THE PHILIPPINE government will invest about US$lOO million for oil exploration this year, Energy Minister Geronimo Velasco said. Mr Velasco told a seminar the government will spend the money to drill and develop 35 wells and increase offshore oil production by 15,000 to 30,000 barrels dailyUPI - 57 words
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Article, Illustration601 1980-01-18 12 TEO TECK WENG - SHOPPING-CUM-RESIDENCE By TEO TECK WENG A LOCAL property company has been given an option to buy Ruby Cinema in Baiestier Road and redevelop the property into a shopping and residential complex. The company, Golden Wall Realty, is expected to exercise the option in April. The601 words
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Page 12 Advertisements
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Advertisement66 1980-01-18 12 IS pierre balmain paris 0 J w V *9 vV J u it N* X to *c A great name for great products T f r<*n< *h fns»hi< >n Ming Court Hotel I Road. (1024; Tel. 2 Available at C.h.inr.u I <S> Pte. Ltd. Iseuin Emporium (S) Pte. Ltd. Masse66 words
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Page 12 Miscellaneous
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Miscellaneous61 1980-01-18 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair and windy. Report for 24 hoars prior to 7.3# p.m. on Jan 17 at the airport. Maximum temperature 31.1 Associated humidity 59 Minimum temperature 22.9 Associated humidity 91 Hours of sunshine 93.0 Rainfall in millimetres Nil Total rainfall61 words
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SHIPPING TIMES
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PORTSIDES
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Article101 1980-01-18 13 AFP KARACHI port, has for the first time in several years, been declared free of congestion with no waiting period for incoming ships. The port authorities under instructions from the martial law authorities took special clearance measures recently. According to an official spokesman, merchant vessels coming toAFP - 101 words
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Article71 1980-01-18 13 Reuter KONINKLIJKE Nedlloyd Groep NV said its August forecast that the second-half 1979 net profit could equal the 31.6 million guilders in the same 1978 half will be exceeded to a certain extent. Second-half results improved somewhat more than expected, after a 17.5 million first-half profit, which comparedReuter - 71 words
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Article97 1980-01-18 13 AFP THE WORLD laid-up tanker tonnage as of Jan 15 was down by 330,000 tons compared with a month ago to 7.58 million dwt, the lowest since 1974, according to the latest statistics from EA Gibson, the London-based shipbrokers. The re-activation of idle tonnage in 1979 amountedAFP - 97 words
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Article, Illustration591 1980-01-18 13 GOH ENG KEE - By GOH ENG KEE FOLLOWING through its development of intermodal transport, Sea train Lines, the US containership operator, has started a new "micro-bridge" service from the Far East to the US. The Mid-America Xpress (MAX) service inaugurated by Seatrain Pacific Services on Jan 16 offers591 words
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Article574 1980-01-18 13 Shipping Line Page C«1 Shipping line Page c* Adriatic IV 5 DSR VI 3 Afea VI 3 EAC Lines n 4/1 Alfred CTS IV 5 East Malaysia VI 4 Alltrans VI 5 Egyptian Int'l vm 1 Alpac VI 5 Eilat VI 5 Angkutan VI 4 Elma hi574 words
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718 1980-01-18 14 AP A THREE-hour delay between the time an SOS was received from a stricken freighter and the time the Canadian Coast Guard took action turned a rescue mission into a salvage operation, a British Columbia coastal pilot told an inquest jury in Vancouver, Canada, onAP - 718 words
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Article169 1980-01-18 14 AFP FRESH water can be economically transported to Arab «U producing countries as ballast in empty oil tankers, the Intergovernmental Maritime Consultative Organisation (Imco) said in a specially commissioned report published in London on Wednesday. Water-starved Libya was the focal point of the study which estimatedAFP - 169 words
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Article901 1980-01-18 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 following901 words
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Article1445 1980-01-18 14 NORTH American grain rates displayed a steadier tendency with cargoes fixed from the US Gulf to the continent at U5514.75, fio for January and from US North Pacific to Bangladesh at $42.50 fio for January and a cargo of soyabean meal from the US Gulf to Casablanca at1,445 words
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1775 1980-01-18 15 WORST EVER FINANCIAL CRISIS FT FEW people can envy Mr Victor Paige, who took over as chairman of the crisisridden Port of London Authority (PLA), early this month. For years, well intentioned people have been trying to sort out the problems ofFT - 1,775 words
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Article, Illustration510 1980-01-18 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bencruachan (T/L) (hauls after President Cleveland sails) 35 36 Bunga Orchid (after Barber Taif) 47 Frotabeira (after Kalliopi A Draft not to exceed 9.75 m) 42 43 Hoegh Orris (after Barber Taif sails Must sail not later than 0530 20th) 46 King510 words
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4083 1980-01-18 19 SCHEDIItE 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 of4,083 words
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733 1980-01-18 20 ORIENT EXCHANGE POLITICAL considerations are definitely affecting freight rates. Newly announced bunker prices will cause another increase in operating costs from 3 per cent to 15 per cent depending upon vessel efficiency. A return to coal and sail power is seriously being studied. Some733 words
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323 1980-01-18 20 DEVELOPING countries called for a ban on flags of conveninence for ships on Wednesday. But Liberia, Panama and Cyprus immediately opposed the move. Liberia, estimated to have nearly 74 per cent of the 213 million dwt of ships flying flags of convenience,323 words
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Article235 1980-01-18 20 I REFER to your article in the Shipping Times on the use of an aluminium and steel transition jointing material "Kelomet" in England for the first time. This article typifies the lack of interest shown by the Business Times in Singapore's own shipbuilding industry which in many ways235 words
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275 1980-01-18 20 CONOCO North Sea Inc said it is to install the world's first high technology oil platform in the North Sea's Hutton field at a cost of £600 million. The plan is for the new tension leg platform to drill 24 wells and tap275 words
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Article1574 1980-01-18 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A B Adriatic Container Container Feeders (S) Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK PN). Alfred C. Toepfer Intermodal (S)/' Marintex Enterprise (PK). Alfred C. Toepter1,574 words
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Page 13 Advertisements
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Advertisement459 1980-01-18 13 Scan Dutch V Fast and Regular Service To/From N.C./SCAN/W.MED./U.K. Singapore Tel *****1 Pon Kelang Tel *****1. Kuaia.Lumpur Tei ***** Penang Tel *****6 iUi IA RI) I\ I AN I All Orient Overseas CwdcjMeA Line FULLY CONTARCJUSED S'port PKctanf CfCVAICR RO2E 17W In Port 19 'OCVALCR PAUL 19* 24/1 25 KOREAN459 words
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Advertisement264 1980-01-18 13 SSII SEALORI) ANTAf 1 m UASC UNITED ARAB SHIPPING CO (SAG) GULF WEEKLY MULTI-PURPOSE SERVICES Loading for Kuwait (27/1), Dammam (30/1), Doha (2/2). Abu Dhabi (5/2), Dubai (8/2) Mina Qaboos (12/2), Dubai (15/2). Dammam (18/2), Kuwait (21/2) Sahaiba (23/2) FULLY CONTAINERISED SERVICE P SCALORO SHPPM6 AGENCCS <R. t No 242K5/OOC)264 words
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Advertisement109 1980-01-18 13 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE Container* Feedtted to/from F'stowe Aho accepbnt c*|o to/from Scandwvu C. PAUL S'pore Ctoanf Fines: Fa Cargo 0400 23/1 La Cargo 1600 22/1 FROM EUROPE (VIA SUEZ): STRAITS AUSTRAL IA RO RO CONTAINER SERVICE A member of thf Anto Consortium TOAWFBQM AUSTRALIA:109 words
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Advertisement846 1980-01-18 13 Nedlloyd Lines Regular Liner Services To/ From All Parts of the World. Singapore Tel *****1 Port Kelang Tei *****1 Kuaia Lumpur Tel ***** Penang Tei '*****6 wm CONTAINER Schedules SHIPS In Port SHIPPING List ORIENT Exchange SHIPPING Mail REGIONAL Weather WHO Acts For Whom MAERSK LINE FOIT COWMPBa f AST846 words
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Page 14 Advertisements
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Advertisement683 1980-01-18 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG j HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALAYSIAN INTERNA TIONAL SUPPING CORPORA HON BERHAD To Europe Spore 1) Mswlles 2) Rdam 3) H'borg 4) Gborg •P Kelang Vessel Sailed KOfIRIGAN 26/1 lUTLANOA 6n B PERMAI683 words
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Advertisement158 1980-01-18 14 SUPERCARRIER SERVICE SM WEEKLY SERVICE FROM US ATLANTIC/GULF AND E. CANADA till KSSIS BOTH IT m TEMNU GOOODN 47 WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA lUtoy Fa ContMwre a* t«U KSSEIS BOTH IT m TEMMI GOOONN 47 SINGAPORE CALIFORNIA EXPRESS CONTAINER SERVICE ONLY 22 DAYS BMKK158 words
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Page 15 Advertisements
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Advertisement633 1980-01-18 15 Overseas M MM Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COKTMOSHP SERVICE TO UK/COHTWEWT: Benaeon 4 Feb 23 Feb Liverpool Bit 10 Feb 1 Mar Tokyo Bit 12 Feb 3 Mir CarcStan II Feb 20 Feb 10 Mir Tokn Eipress 23633 words
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Advertisement356 1980-01-18 15 I E Franco Belgian Services (Fur Fast French Service u-ith Belgian Far Eastern Lines) nh« t of ACE CONSORTIUM i C.M.C.R. FAR EAST FRENCH SERVICE Compaqm# Maniim# Das C»>argau'S Rau"«' member o♦ MED CLUB) Seatrain Pacific Services S.A. SINGAPORE ENQUIRIES *****44 BOOKINGS *****82 CFS *****41 Terminal *****36 Optorg Shipping Pte.356 words
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Page 16 Advertisements
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Advertisement953 1980-01-18 16 Ui Hapag-Lloyd FULLY CONTAINERISED TO EUROPE Thames Mam 9 112 12/2 14 2 Hambui Eipress l 1 18 2 20/2 21 2 23 2 Bena.on 1 23 2 25 2 26/2 28 2 Lnerpoal Bit 10 1/3 3 3 29/2 6/3 Tokyo Bay 2 7 T„ 3 3 V 3953 words
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Advertisement642 1980-01-18 16 KOREA SHIPPING CORPN ALTAR 147W P.KELANG SID ALT AIR 148E SID SPORE Gdn 45/21 Jan rM BUSAN BANGKOK Gdn 45/21 Jan TO BUSAN VEGA 145N 10/13 Feb 14/18 Feb VEGA 146E 10/13 Feb 14/18 Feb FM BUSAN BANGKOK TO BUSAN PENANG CALL SUBJECT INDUCEMENT KSC KSC HSC KSC KSC KSC642 words
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Advertisement459 1980-01-18 16 0 EVERGREEN LINE r FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ACCEPTING CARGO FOR HAMBURG FELIXSTOWE. ROTTERDAM ANTWERP IE HAVRE AISO ACCEPTING CARGO FOR UNITED KINGDOM SOUTHAMPTON lONOON MANCHESTER. BIRMINGHAM BRISTOt. EWERPOOI GLASGOW, LEEDS WEST GERMANY 6REMERHAVEN HOLLANO AMSTERDAM S pare Kjmbwi Fifaitom lotlariUm Antoarp It Hawe I E»e. Mai459 words
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Advertisement899 1980-01-18 16 1 Everett Lines Burma Five Star Shipping Corpn. IBk "BURMESE NATIONAL LINE' LOADING FOR RANGOON Spore PKttonj '«"< HTANTANYWA 22/25 Im 27/3 'PHASHMGYAWYNA (OBtfcajiif otoy) 22/24 iai 25/27 lan PAGAN (ORCh»rm trty) 21/30 Im IPA AN 31/4 Fit BFS S C Agent* m Malaysia TEPS MALAYSIA Port Kelang Tel (38)899 words
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Advertisement685 1980-01-18 16 s .S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103. 21ST FLOOR. MARINA HOUSE SHENTON WAY MISTRI ROAD SINGAPORE 2 TEL *****44 7& *****70 SANKYO LINE YUE MAN MAY SKY. MAY CARP AUSTRALIA SERVICE P. Kelang Singapore Loading for: 19/21 lan In Port AOEI. MEL 21/29 Jan 25/27 lan BfttS,685 words
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Page 17 Advertisements
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Advertisement645 1980-01-18 17 L. PIL GROUP A EAST AFRICA/REOSEA SERVICE Soifapore tap! 20 lan f Keianj Pffianj loadmj In Daressalaam Mombasa leddah HoJfiddh Port Sudan Daressalaam Mombasa Hodndah k-ddah Port Sudan PKelan{ Penary Uadnf lot Mogadiscio It-ddjh Ajt-o Hodeidah Aqaba Pt Sudan Muscat COLOMBO/KARACHI/P. GULF SERVICE MM TEE KOTA ALAM tnpt/18 Jan lnpt/22645 words
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Advertisement756 1980-01-18 17 LPv» BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE lOEUMPE Thames llaru IMw| Eipress Beruran Liverpool Bay Tatyo Bay Cardigan Bay 10*10 Eipress City af E<Mw|f> liinu Maru Bremen lipini Mm Maru FROMEIMOPE H BURG B HAVEN RMM HAVRE SOTOM Germany Austria Benelui France All UK PKelang Osaka Bit Benaron Krtano756 words
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Advertisement626 1980-01-18 17 T Scan Dutch V LVi £1 -r.Ti i: I (.I*l .t'i r#l:rrfyj vi 1) Mseiiies 2) Mm 3) Mburg GDurg 1) Barcelona. Gnu leghorn 2) Amsterdam Antwerp It Hwi Bubao Bisk Stw (OPT) iPool UK. Canar* Islands 3) Bremen Bremertiaven Aartws Gop«**en HeTynki 4) Maimo Stockholm Oslo M l eeder626 words
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Advertisement714 1980-01-18 17 BOUSTEAD SHIPPING AGENCIES LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) Singapore P. KeUnj Kuantan US GuM MASON LYKES (drsch I toads)... 23/27 lan 6 Mar VELMA LYKES (fcch) 27/28 Jan U.S. WEST COAST SERVICE (Seattle, Tacoma, Vancouver 8.C., Portland, Longview, Longbeach, Los Angeles, San Francisco)714 words
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Page 18 Advertisements
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Advertisement796 1980-01-18 18 K LINE KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA larker feeder tenth aho a>a4able on request Car|oes also acceptable tor Oakland Vancouver Portland. Houston Galveston New Orleans Boston St M«i Phdadept»a Nortoft Baltanore. Savannah lachsonvie TO EUROPE Spore P Kelang L Havre R dam M burg Bremen A weip 6796 words
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Advertisement612 1980-01-18 18 V// 1 E.C./GREAT LAKES SERVICE LOAOWG FOR KN TOM. MRFOIK MONTH M. 10#OK 10 AWTABU* Pfmng P KH«nj StfifJporc SSfl CALIFORNIA/PACIFIC NORTH WEST SERVICE iMdmi tor LOS ANGELES SAN FRANCISCO SEATTLE. TACOMA VANCOUVER B C EXPRESS CONTAINER/CONVENTIONAL/ REEFER SERVICE Prnang P KeUng S«<|apo(e I Angftrs TRfWA" ?1 F«b 21/23 Frt612 words
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Advertisement569 1980-01-18 18 S S A (>r«ui) SINGAPORE SHIPPING AGENCIES PTE. LTD ?OTH floor OCEAN BOIL OiNG SINGAPORE 1 MARKETING *****2 13 LINES) GENERAL 91 )111 (14 LINESI TELE* RS ***** RS ***** A/B CARSMIP CABLE CARGOSHIP ltc«|i«NUll Container Lines WEEKLY CONTAINER SERVICE to/froen BANGKOK S.E. Asia Container Feeder Service Vor Spore lAK569 words
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Advertisement745 1980-01-18 18 GRANARD LINE RED SEA/MEDITERRANEAN SERVICE S port P Kelang Penang Loadng for MV. MAN SMG V 35W 21 Jan M V MAN CXONG V.3SN 17 Feb MV MAN FUNG 37* 20 Mar ACCEPTMG CONTAWR CARGO FCI OUT P Sdid Alexandria Beirut P Satd AJeiandna' Beirut P Said/Aleiandna Beirut, Lattakia M745 words
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Advertisement592 1980-01-18 18 INTRASEA (PTE) LTD. Faber House. 234E Orchard Road. Singapore 9 Telephone *****11/*****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE SOND N669 PISTIS WB7O S pore P. Ketwif Penanj loadnf far: .23 Jan 27 Jan BOULOGNE/UK (AVON) 9 Feb 13 Fed NANTES UK (AVON) Sntapore MTRASEA (PTE) LTD *****11 BOOKING *****57592 words
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Page 19 Advertisements
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Advertisement159 1980-01-18 19 i TRUCONTAINER EXPRESS INTERNATIONAL (S) PTE LTD Suites 1311/1312. Shaw Towers. Beach Rd. Singapore 0718 Regular Container Service accepting FCL/LCL Cargo for New Zealand Auckland, Wellington, JLyttleton, DUnedin Australia Sydney, Melbourne, Brisbane, Adelaide, Sri Lanka Colombo Europe and U.K. Call *****81 Container leasing services MS ICCU CONTAINER ftj FLEET S159 words
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Advertisement347 1980-01-18 19 ANHSING OVERSEAS LINI MGUAR SEMI CONTAINER LINER SERVICE UNION BAL TIAtORE UNION LISBON S pore P Huang Penang Loading lor 28/? Feb itdOrt 22/21 Feb leddah Aqaba Qs<*fager Ttlarine Qerp,, Cs./7. TMUN/STRftrTS/TMMN EXWESS ItO SflNICt •KOWOON VOYAGER vOY 1W 18/2 2nd call Singapore 28 Jan loading for Hong Kong S347 words
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Advertisement281 1980-01-18 19 KANNIVELL LINES (REGULAR SERVICE SINGAPORE/EAST WEST MALAYSIA) KOTA KMABALU DO -DO- DOETA VSL SPORE PENANG LOADING FOR sfJ mvr 15 n J\ 23/1 OTA KIWBAIu SEA LOVE 3/2 5/2 -DO SiS.V. 15/2 17/2 -wKANNVELL V.l 7/3 9/3 —DO (M.V. SEA LOVE EX TROPIC FURY) AGENTS SAGAPOW HOLLOS' (S) PTE. LTD..TEL.281 words
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Advertisement71 1980-01-18 19 I NOTICE ANNOUNCEMENT New Orient Trading Shipping Pte Ltd wish to advise shippers and all concerned that in view of their alternative appointment as agents for the Middle East it is with regret that they have to relinquish agency for Alfred C. Toepfer Schiffahrt m.B.H. of Hamburg. New Orient Trading71 words
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Page 20 Advertisements
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Advertisement323 1980-01-18 20 EGYPTIAN IKITFP N ATinw A 1 I IMC /Cll INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FROM EGYPT ALEXANDRIA SINGAPORE NILE U lAN 26 Feb 10 I GfNFRAI AGFNIS L N SHIPPING PTE LTD IF! ??***** (SINGAPORE) It* RS? 1017 SUB AGFNTS HSH (Mi SON BHD !E1 *****3 4860?7 <Kl I *****6323 words
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Advertisement280 1980-01-18 20 ZIK INTERNATIONAL FREIGHTWAYS PTE LTD CHTTAGONG SERVICE vessel pfMMc rmuK spore ATOIPHO 15 Jan REEFER SERVICE TO JAP AW vtssa spore penanc brunei KAISEI MARU 15/16 Jan In Port 17/18 Jan Loading for Maura. Kobe-Yokohama VESSEL TO MPOLE EAST PAELANG STORE KOTA LATU 15/16 Jan Loading tor Muscat, Basrah only280 words
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Page 20 Miscellaneous
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Miscellaneous160 1980-01-18 20 120E Regional Weather L^> i < i < X u V* J m i < r> l < IK Va oOONI < 'I 0 i < i < S3 r>< V* SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: Centre of Tropical Depression, maximum wind speeds 22160 words
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