The Business Times, 22 January 1980

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 110/1/80 TUESDAY, JANUARY I*B* 50 CENTS
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  • BRIEFLY...
    • 57 1 AP LONDON, Mon. The price of gold hit US$B45 an ounce in Zurich today, equalling the all-time high set in European trading last Friday. The US dollar firmed against all major European currencies, except for the strong British pound. At midday, bullion was quoted at $845
      AP  -  57 words
    • 63 1 Reuter GENEVA, Mon. Passenger and cargo fares on non-American airlines will cost between 5 and 10 per cent more from April, sources close to the International Air Transport Association (lata) said today. About 60 of lata's member airlines will approve the cargo increases in a vote
      Reuter  -  63 words
    • 75 1 Reuter JAKARTA, Mon. The Indonesian national air carrier Garuda is planning to reopen the Jakarta Bangkok route after Thai Airways stops its regular flights to Bali in April, a company spokesman said today. Garuda stopped its regular flights to Bangkok two years ago. Mr RLumenta said he welcomed
      Reuter  -  75 words
    • 72 1 Reuter TOKYO, Mon. Indonesia has pledged to increase supplies of liquefied natural gas (LNG) to Japan this year and keep oil shipments at last year's level despite a possible drop in production, Japanese Trade Minister Yoshitake Sasaki said. Mr Sasaki told a press conference that the
      Reuter  -  72 words
    • 67 1 AFP TOKYO, Mon. Prime Minister Masayoshi Ohira today decided to work out Japan's policy on sanctions against Iran and the Soviet Union by Friday this week. Premier Ohira made the decision in a meeting with Foreign Minister Saburo Okita and Vice Foreign Minister Masuo Takashima. Officials said the
      AFP  -  67 words
    • 53 1 Reuter HONGKONG Mon. Hongkong's director of civil aviation Brian Keep left for London today for air services talks with the United States and Canada, a government spokesman said. Mr Keep will join British delegates to review provisions in the respective standing bilateral air accords with the US
      Reuter  -  53 words
    • 93 1 AP NEW YORK, Mon. The stock market advanced slightly in active trading this morning, extending the advance of the past two weeks. J I ?L Dow Jones avera ge of 30 industrials climbed 2.99 to 870.14 in the first half hour. Gainers took a 3 to 2 lead
      AP  -  93 words
  • 150 1 Rises Indices M V 1 492 52 B.T. Index: Jan 18 Jan 21 Spore Bus 372 30 3379.93 3410.39 H Negara 205 21 Industrials: 446.94 447 02 Hong Leong Ind C Sugars O C B C 230 448 770 20 16 15 15 Finance: Hotels: 817.88 820.16
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  • Article, Illustration
    177 1 Rises Inch KK C Sugars 458 H Leong Ind 233 M U Indus 464 SovTan 273 B Kawan 380 A Hitam (T) 1460 S'preme Corp 240 Glenealy 294 Bt Semb 318 80 420 18 416 4 15 412 4 10 408 408 408 Indices Jan 18 Jan 21
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  • 748 1  -  SYSTEM PREVENTS DUPLICATION By RUTH CHENG AN AUTOMATED teller machine (ATM) network has been proposed by the joint-venture computer company, Associated Data Processing (ADP). Under this system, customers can use a common ATM for transactions with any of the five local banks that formed ADP.
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  • 284 1 KUALA LUMPUR Kepong is to redeem at par the remaining $3.1 million of its $24 million debenture stock well before the date of maturity. Apparently due to better commodity prices and continued strong earnings, KLK has decided to make a mandatory redemption of
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  • 445 1  -  By WANG LOOK KEAH THE Department of Civil Aviation (DCA) will be calling for tenders in March for 13 restaurants and catering outlets at the new Changi airport. In a move to provide quality and variety in the catering services, the DCA will stipulate that tenderers
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  • 329 1 DESPITE increasing protectionism, Singapore had considerable success in its export drive last year. Department of Statistics figures show that exports achieved an annual gain of 34.7 per cent last year compared with 14.4 per cent in 1978. Total exports for the past twelve months was $30.96
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  • 310 1 THE Overseas Union Bank (OIB) has in nonnced a heft) 1> «-point jump in Its one-month fixed deposit rate to 8' < per cent, a rate that Is carreatly the highest among local banks'. This Is significant la that the
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  • 470 1  -  By MARGARET THOMAS SINGAPORE clearly stands poised for entry to the club of developed countries. Gross National Product (GNP) per capita last year was U553,721 more than US$3OO higher than in 1978. Taking this figure revealed by Dr Toh Chin Chye in a
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  • Page 1 Advertisements
    • 30 1 St HMO* FOR PROMPT DELIVERIES OF Gamlen Chemicals New Tel: *****29 GAMLEN( AUSTRALASIA) PTY. LTD. New Address: 15-16. Block 6, 55 Ayer Rajah Road Ayer Rajah Industrial Estate. Singapore 0513
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    • 226 1 Why Growth is Becoming Explosive Huge Markets Await Newest Products of U.S. Technology It was a potential market for 600,000 smallbusiness computer systems that caused Capital Gains Research to begin recommending PERTEC before it doubled and was taken over by West Germany's Triumph Adler. Now we're switching proceeds into other
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    • 61 1 SHIPPING TIMES YEO HIAP SENG'S Slim office at Bt Tlmah 2 BEIJING'S trade soars to record USs»b 3 URGENT need to close riehpoorgap 5 SUPREME corp answers KLSE Q«*e«T 11 MARKET in overbought position, warns JCA 11 PICKING the second generation of leaders 12 AIRCRAFT 5, TV AND RADIO C,
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    • 0 1 {|]@_(.}>{~@"~.=**^<(]]?%-={@&|
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    • 158 1 Ricoh Plain paper copiers Preferred by offices worldwide CALL *****5. ?vi Wywy Private Limited Wywy House. 17 Leng Kee Road. Singapore 0315 Leader ...Page f See fcacfc page This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the
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  • TRADE AND INDUSTRY
    • 448 2 MINISTER for Trade and Industry Goh Chok Tong will open an international tax conference in Singapore next month. More than 200 delegates from 20 countries, including some from Africa, will be attending the meeting, organised by Business Perspectives Ltd and the Times
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    • 484 2  -  By LINDA TAN YEO HIAP Seng, the softdrink and canned-food manufacturer, plans to build a $10 million office block in its two-hectare premises at Bukit Timah Road. A four-storey block (facing the main road), with a site area of 1,200 square
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    • 116 2 THE SINGAPORE Institute of Architects Building Centre at Outram Park is available for the display of new products. Miss Georgina Urn, manager of the centre, said this is a service available to ail professionals in the building industry. The Building Centre, which
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    • 70 2 THE OPERATIONAL Research Society and the University of Singapore Extramural Studies Department are to hold a joint 18session course on "Operational research in management". Designed for managers sitting for professional examinations in operational research, management science or quantitative techniques, the course will commence on March 3.
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    • 175 2 AS PART *t a wide-ranging programme to evaluate energy conserving measures, a British kit company aad Leyland Vehicles have placed an LPG-powered deoMe-deck bos on trial alongside the company's diesei-powered bases. The National Bos Company converted sae si Its double deckers to ran on LPG (liquid petroleum gas)
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    • 257 2 ONE year after the introduction of the record-breaking 2.00 mm thick quartz analogue watch by the Swiss, an even smaller ladies version has been produced by the manufacturer of the 2.00 mm watch, ETA SA of Grenchen, Switzerland. ETA SA is a member of
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    • 149 2 THE managing director of Tuff-Kote Dinol Rustproof ing in Singapore, Mr Robert Shu, who has been invited to speak at Tuff-Kote Dinol's Asian dealers meeting currently going on in Bangkok, is the first non-Tuff-Kote employee to speak at its meetings. Mr Shu is speaking on sales
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    • 496 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 Identify
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  • Page 2 Advertisements
    • 211 2 THE LARGEST-SELLING CHAIN-SAW IN THE WORLD. >< > The S/140 Computer Extends up to 1 Megabyte of semi-conductor memory for effective support of up to 32 on-line terminals. Provide internal micro diagnostics for extensive tests to ensure the functionality of system. Includes memory interleaving with prefetch processor for faster execution
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  • REGIONAL
    • 295 3 Reuter INDIAN External Affairs Minister PVNarashimha Rao told UN Secretary General Kurt Waldheim in New Delhi on Sunday that India wished to prevent "a critical situation" arising over Afghanistan. The UN leader had also been told that India has conveyed its views
      Reuter  -  295 words
    • 344 3 THE Malaysian Airline System (MAS) is planning a major expansion of its international and domestic services soon. Dr Goh Cheng Teik, Deputy Minister of Transport, said yesterday that various domestic services will be improved and up-graded with effect from April 1. In addition,
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    • 106 3 UPI VISITING Chinese Foreign Minister Huang Hua said on Sunday that the friendship between China and Pakistan could stand any test. "No matter how the developments take place on the international level, the countries will continue to flourish," he said in returning the sentiments of deep friendship between
      UPI  -  106 words
    • 71 3 AP IRANIAN Oil Minister Ali Akbar Moinfar has given Japan two weeks to resume construction of a giant petrochemical complex in southern Iran. Construction of the US$3 billion complex was halted by Japan's Mitsui Corporation during last year's revolution although it was almost finished. Mr Moinfar said
      AP  -  71 words
    • 251 3 SECURITY implications of the Soviet intervention in Afghanistan and the increasing tension along the Thai-Kampuchean border will dominate the discussions between Australian Foreign Minister Andrew Peacock (above) and Tengku Rithauddeen, his Malaysian counterpart, in Kuala Lumpur today. Mr Peacock is due to arrive in
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    • 103 3 UPI INDONESIA is cautiously studying the possibility of joining a Pacific Basin cooperation forum, a concept which was recently discussed in Canberra by Prime Minister Masayoshhi Ohira of Japan and Mr Malcolm Frazer, Australia's Premier. The idea matches Indonesia's ambition to be a bridge between
      UPI  -  103 words
    • THE REGION IN BRIEF
      • 514 3 Agencies THE Philippine consumer price index (base 1972) rose one per cent in December last year to 262.3 compared with November and was 24.2 per cent higher than in December 1978, the Central Bank said. The average from January to December 1979 was 18.8 per cent higher
        Agencies  -  514 words
    • 212 3 UPI JAPAN may work out a series of measures this week to gain the release of American hostages held in Teheran and bring pressure on Moscow against its invasion of Afghanistan. Disclosing this, Japanese Prime Minister, Masayoshi Ohira said on Monday that his Cabinet is
      UPI  -  212 words
    • 525 3 UPI AP. CHINA'S overall foreign trade in 1979 rose to a record US$2B.5 billion, gaining as much as 37 per cent over 1978. Discloing this, the Japan External Trade Organisation (Jetro), a semi-govern-mental agency, said in its annual report on world trade
      UPI; AP.  -  525 words
  • Page 3 Advertisements

  • RAW MATERIALS
    • 685 4 THE MALAYSIAN government, through the National Padi and Rice Authority (LPN), has launched a padi price subsidy scheme that will increase the income of farmers by $2 a picul while retaining consumer prices which range to a maximum of 65 cents a kati. However,
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    • 458 4 A LACK of preparation and overexpectation of other countries' ability to foresee developments prevented decisions being reached at the International Tin Council (ITC), delegates said. As a result, the council which ended its meeting in London last Friday, will meet again from Feb 25-26 after a previously scheduled
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    • 172 4 THE International Tin Council meeting which ended in deadlock last Friday over the US stockpiled sales has poshed the Penang Straits tin price np another MslB per picnl to a new record at $2,192, tin dealers said. At yesterday's high, the metal was standing $242 above the International
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    • 39 4 Rubber: Jan 21 Singapore: February: 347.50 cents (up 3.50 cents) Malaysia: February: 350.00 cents (up 4.50 cents) Tin: M 52,192 (up $18) (equivalent to $36.24 per kilo) (up 29 cents) Official offering: 250 tonnes (up 48Vi tonnes)
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    • 73 4 THE MALAYSIAN palm oil market tended firmer yesterday on refiners covering and some overseas interest in moderate trading, dealers said. Trading continued to be influenced by the increasing Middle-East and Afghanistan political tension. January firmed to Msl,loo per tonne from $1,095 on Friday and $1,095 against $1,090. February
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    • 337 4 THE SINGAPORE market closed higher yesterday with February One RSS buyers quoted at 347.50 cents per kilo, up 3.50 cents from last Friday's close, dealers said. Morning prices were marked up about six cents on forward demand, trade and upcountry covering coupled with strong London advices, they said. Profit-taking
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    • 426 4 R A S prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int 1 R.S S prompt f.o.b. 345 00 346 50N 345 00 346 50N Int. 1 R.S.S. February 347 50 348 50 347 50 348.50 Int 1 R.S.S March
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    • 127 4 NOON SSR uid SMR prim VMUrdiy HAS February Mareh (Ourreat Mttat (Forward Mthl SSR 20 Buyer* Seller* Buyer* Seller* (1 tun pallet I <04 00 306 OON 306 00 308.00N SSR SO (1 ton pailet. ***** 303 00N 303 00 305 OON MRELB SMR CV (1 ton
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    • 258 4 THE SINGAPORE produce market opened yesterday on a quiet note which was sustained throughout by mostly featureless and routine trading. Dealers said that a general absence of interest among major buyers contributed to a lack of new deals being tackled. The overall tone was steady. The market for
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) C*tUa yarn: China Blue Phoenix 20s 2.320 32s 2,840. 40s 3,045 (per bale of 400 lbs). Plecc piii: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 897 4 COFFEE: Robusta futures ended a quiet morning narrowly mixed £12 up to £10 per tonne down from Friday. Turnover was 859 lots including 18 options and around 250 lots of crossed trades. Extreme price movements were in distant months while near months including Spot Jan ended the session
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    • 334 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.
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  • ASIAN STOCKS
    • 681 4 TOKYO Source: DBS-Daiwa THE NIKKEI Dow-Jones average advanced to a new high yesterday, led mainly by non-ferrous metal, machine-tool and defencerelated issues in the morning. High-priced pharmaceutical and light electrical issues were bought. Some speculative issues were heavily traded. In the afternoon session, the market weakened
      Source: DBS-Daiwa  -  681 words
    • 425 4 LIGHT profit-taking bought some leading blue chip issues off the top towards the close yesterday, but the market still closed higher, led by base metal producers, dealers said. Brokers said since the joint Sydney-Melbourne index was introduced on Jan 2, the metals component has surged about 25 per cent
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    • 359 4 Source: SHK Sec DESPITE a mid-morning bout of profit-taking, the market moved sharply higher yesterday, supported by good local and overseas buying. These were no new factors to affect sentiment and brokers pointed to a thin supply of shares and continued regional interest in property and property shares. Favourites
      Source: SHK Sec  -  359 words
    • 174 4 THE market closed with commercial, industrial, mining and oil issues all posting gains yesterday, dealers said. Turnover declined to 28.6 million pesos from Friday's 42.1 million. Acoje Mining, Lepanto B, Philex B, Basic Petroleum, Landoil, Phil Overseas, Ist Phil Hldgs, San Miguel B, and Usiphil rose, but against the
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    • 255 4 THE market closed mixed on profit-taking yesterday, with speculative finance stocks remaining in strong demand, dealers said. First Trust and Capital Trust rose further by 5 per cent each. JAN 21 Bahts Asia Credit 170 4 Asia h ibre 149 I Ayuthaya Inv And Trust Bangkok Investment 177 O
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    • 33 4 H.K.HANG SENG Monday 873.82 Friday 854 87 Week Ago 842.51 SYDNEY INDUSTRIALS Monday 617 76 Friday 613.07 Week Ago 606 72 ALL ORDINARIES Monday 838.20 Friday 823.66 Week Ago 808 89
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  • Page 4 Advertisements
    • 176 4 At the Harbour Grill, what you have for lunch is your business. The Chef's Luncheon Fare at the Harbour Grill offers you the opportunity to indulge yourself over a number of generous courses. Or merely to lake your pick from the tempting display for a lighter, quicker meal. Rare flavoured
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  • OVERSEAS
    • 452 5 AP PRIME Minister Margaret Thatcher of Britain will intervene personally in Britain's three-week-old steel strike for the first time by meeting trade union leaders. But she is still refusing to rescue the debt-plagued British Steel Corp and meet the strikers' demands for
      AP  -  452 words
    • 103 5 OMAN'S Minister of State for Foreign Affairs, Mr Qais Zawawi, has denied reports that the Sultanate plans to allow the United States to set up military bases in Oman. He said in Muscat that American government officials had discussed with the Omani government only the question of
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    • 190 5 Reuter, AP IRAN'S Foreign Minister Sadeq Qotbzadeh says Soviet troops in Afghanistan are 30 km from the Iranian border and pose a serious danger to Iran's south-eastern province of Sistan and Baluchistan. He told reporters after a regular meeting of the ruling Revolutionary
      Reuter,; AP  -  190 words
    • 82 5 Reuter THE KUWAITI government has formally decreed the establishment of a new Kuwaiti petroleum organisation with a capital of one billion Kuwaiti dinars paid by the state. The new organisation will take over the government's shares in the Kuwaiti National Petroleum Co, Kuwaiti Oil
      Reuter  -  82 words
    • 465 5 Reuter THE race is on for foreign companies to exploit Zimbabwe's vast economic potential now that sanctions have been lifted, but enthusiasm is tempered by uncertainty over the country's future. Businessmen from Britain. Japan, West Germany, the US and other countries have been slipping in
      Reuter  -  465 words
    • 165 5 Reuter AFP PRESIDENT Tito's chances of survival after a leg amputation at the age of 87 were rated good by doctors yesterday, but they said the next three days would be critical. The Yugoslav leader was reported responding well after a three-hour operation and his
      Reuter; AFP  -  165 words
    • 652 5 Reuter THE United Nations secretary general, Kurt Waldheim, yesterday called for a new international framework to redress the inequities between the rich and poor countries. Dr Waldheim was opening the third general conference of the UN Industrial Development Organisation (Unido), a continuation
      Reuter  -  652 words
    • 328 5 UPI BRITISH State Minister for Foreign Affairs Douglas Hurd said on Sunday European countries including Britain are willing to give aid to the Gulf countries to ensure the areas' security if they ask for it, the Qatari News Agency said. Mr Hurd said in Doha, Qatar
      UPI  -  328 words
    • 338 5 AP THE Middle East, already a tinderbox of rivalry for land and oil, may become infinitely more dangerous in the 1980s because of the proliferation of nuclear weapons, according to a growing consensus of experts. "This is the area of the world where there is
      AP  -  338 words
    • WORLD IN BRIEF
      • 484 5 IRAN'S oil exports are running at 40 per cent of levels reached under the deposed Shah but annual revenues are US$5 billion higher. Finance Minister Abolhassan Bani-Sadr said. In a presidential election statement to the official Pars news agency, he estimated annual oil revenues at $25
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    • 777 5 ARRIVALS Service Local Operator Number Time From CPA CX710 1005 HLP GIA GA980 1030 HLP MAS MH605 1045 KUL 1 SIA SQ103 1045 KUL GLA GA944 1055 PKU GLA GA908 1100 MES SIA SQ240 1125 MES PAL PR501 1135 MNL SIA SQ65 1155 MNL RBA BI423 1200
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  • Page 5 Advertisements
    • 5 5 oulsus£ (mat Wtiw)»>aw Tel: *****5
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    • 174 5 The high cost of slow motion m Collating Mail Opening Cheek Signing Counting iik Itascage Stamps And how Pitney Bowes can help Manual handling of paperwork is a slow, tedious, expensive process. And in today's brisk business mood, slow motion in daily paperwork exacts a high price on time and
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  • 504 6 JUDGING from the figures made available in the People's Action Party rally during the weekend, it seems inevitable that it will be a matter of time before Singapore loses its status as a developing country in the world community. Singaporeans should accept this change
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  • 252 6 BANKING is the invention of Italian merchants who did business literally from a banca, which is a bench set up in the marketplace. News that a group of banks in Singapore may introduce a joint card facility which will allow customers access to cash
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  • 1165 6  -  New Zealand's Prime Minister Robert Muldoon appears less enthusiastic about developing closer economic links with Australia than some of his colleagues. By ANTHONY HAAS Depthnews FOR New Zealand, its relationship with Australia is the most important in the world. In 1979, as Prime Minister Robert
    Depthnews  -  1,165 words
  • 1126 6  -  The purchase of the beleaguered FP Publications will give the Thomson newspapers' 44 dailies and 12 weeklies in Canada plus 67 dailies and five weeklies in the US with a total North American circulation of more than 2.5 million. ANDREW MALCOLM reports on Kenneth Thomson's
    NYT  -  1,126 words
  • Page 6 Advertisements
    • 143 6 CARLOS CASTANEDA THE SECOND RING OF POWER Carlos Castaneda's journey into the world of sorcery has captivated millions. In this new book, he introduces dona Soledad, whose mission is to test Castaneda by a series of terrifying tricks. Thus, Castaneda is initiated into experiences so intense, so profoundly disturbing, as
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  • Page 6 Miscellaneous
    • 1455 6 IBffßlßTOro Blood is thicker than water RTS offers a Rood variety of programmes for this evening's TV viewing from comedies to thrillers to drama series featuring psychic phenomena. At 1 pm over Channel 5, RTS brings part one of an episode of The Green Hornet called Corpse of the Year.
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  • 797 7  -  Switzerland has every reason to smile for, reports NORRIS WILLAT, it is anticipating continued growth increased gross national product, declining inflation and an improving trade position this year. NORRIS WILLAT, FT WHO'S afraid of the Big Bad Recession? Not the Swiss, evidently. In contrast
    FT  -  797 words
  • 903 7  -  [FORUM, with LEONARD SILK NYT COULD the panic in the gold markets lead to another great depression? It is highly unlikely, though not impossible. What that would require would be that major governments, starting with the United States, behave with unwanted and unusual stupidity.
    NYT  -  903 words
  • Page 7 Advertisements
    • 636 7 TECHNOLOGY and THE FUTURE BANK An international Congress to examine the technological opportunities available to financial institutions in the 1980s and to promote greater technological sophistication in banking and finance. Organised by Consulton Research Bureau, Singapore with the participation of European Financial Marketing Association (EFMA), Paris Held in conjunction with
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  • Page 7 Miscellaneous
    • 106 7 BriStoW: FremkDickens TH»S »s> OF < tftcxeT P*ND BRRcIFV/S UJ\TV4 CJC- TO nouß V£-trec DP.Teo 3RD pvw/ I D U<c To exPLPttM Tj_ie DeLAN/ IM A LeTreP ARfciveo > 6ecKerpvßY u>P<S ON HOUDFVf IN —7 ine &Ree< islands RePLpC£rnerrrM ßNN M=Y/ ,To cut p> lojg soe fp^vcoMGP, veP-V nicje: &Gl
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  • INTERNATIONAL STOCKS
    • 499 8 CONTINUED INFLATIONARY PRESSURES Reuter INTERNATIONAL Business Machines Corp said lower 1979 fourth quarter earnings were due to the shift toward leasing data processing equipment, the effects of cuirency fluctuations and rising costs due to inflation. The company has reported 1979 fourth quarter earnings of
      Reuter  -  499 words
    • 88 8 SALES and profits at Matsushita Electric Industrial Co of Japan, maker of Panasonic brand goods, hit all-time highs in the business year ended last November. The company's currentaccount profits in the year totalled 116,659 million yen on sales of 1,734,463 million yen. The current-account profits showed an increase
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    • 58 8 NCR Corp said a large backlog of orders and the introduction of new products would lead to a strong performance in 1980. It has improved revenue in the fourth quarter of 1979 reflecting encouraging progress in overcoming a shortage of electrical components which has hampered shipments. New orders in
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    • 653 8 Reuter SHELL Oil Co, the 69 per cent owned subsidiary of Royal Dutch Shell Group, will report 1979 earnings of about U557.25 a share against $5.45 the year before, president John Bookout said. This compares with analysts' forecast of between $7 and $7.59 a share. Most estimates
      Reuter  -  653 words
    • 250 8 UPI AN AMERICAN Civil Aero- i nautics Board judge has < recommended that Tiger International be allowed to I acquire Seaboard World Airlines in a merger that would unite the United States' two largest all-cargo airlines. Administrative law Judge < John Mathias found that the
      UPI  -  250 words
    • 159 8 Reuter BENGUET Consolidated Inc reiterated that its earlier earnings projection of U5524.5 million in 1960 was based on conservative estimates made on Dec 11, 1979, and assumed gold prices of $350 an ounce, copper at 85 cents a pound and silver at $12 an ounce. The company also
      Reuter  -  159 words
    • 199 8 Reuter AN INCREASE in Tate and i Lyle Ltd's pre-tax earnings i for the year ended Sep 30 i reflected non-recurring 1 gains of £5.9 million, mainly from the sale of African Products Ltd, chairman I Lord Jellicoe said. The company has report- j ed
      Reuter  -  199 words
  • Page 8 Advertisements
    • 737 8 to wine, dine and entertain LUNCH AT Hires 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-Doat. Malay Curries. Noodles. Smoked Duck and Suckling Pig. Satay. Chilli Crabs Exceptional Cantonese menu
      737 words
    • 92 8 See Page 4 for Asian stocks I a A reputation for fine Cantonese food. Fortuna Restaurant offers one of the widest selections of Cantonese cuisine in Singapore. Each dish reflects a subtle blend of natural flavouring and spices, a taste which is distinctive of true Cantonese cuisine. Entertain your business
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  • BANKING AND FINANCE
    • 456 9 FT C T BOWRING and Co. the British insurance broker with banking credit finance and large Lloyd's of London interests, has rebuffed a L 245 million planned bid by Marsh and McLennan Companies of the US, the world's largest insurance broker. Bowring said
      FT  -  456 words
    • 157 9 THE Board of Governors of the International Bank for Reconstruction and Development (IBRD) has agreed to double its capital, the World Bank announced. This increase of capital of US$4O,OOO million will enable IBRD financing to grow in real terms until the middle of the present decade. Of
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    • 94 9 THE Bangkok Bank has raised its prime rate by 1 2 point to 10'« per cent. From today, the Bank will quote a savings account interest rate of 7 3 < per cent, up from 7 1 < per cent. Fixed deposit rates also will be
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    • 284 9 LOANS BONDS CHASE Manhattan Asia Ltd said it is arranging a US$39 million loan for PT Garuda Indonesian Airways to buy five Dutch-made Fokker Fellowship F-28 passenger aircrafts. It said the British export credits guarantee department will provide $15 million through Chase to cover the cost of Rolls Royce-built engines.
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    • 144 9 MARINE Midland Banks Inc said improved fourth quarter operating earnings resulted from continued control of operating costs and effective assets and liability management. The bank reported fourth quarter operating net of US$l.O4 a share compared with 64 cents the previous year. Marine Midland said net interest income rose
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    • 202 9 MAJOR changes are imminent among the executive directors and senior officials who run the Bank of England. The moves will involve the first extensive change in the team which has been at the top of the Bank under Mr Gordon Richardson, the Governor,
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    • 337 9 PRESSURES are mounting on the Federal Reserve Board to tighten monetary policy, money market analysts said. Monetary base grew to U*****.89 billion in the week ended January 16 from 154.70 the week before. Over the last 13 weeks, the monetary base has grown
      337 words
    • 204 9 US INTEREST rates could be 5 to 6 percentage points lower a year from now. First National Bank of Chicago senior vice president William Korsvik said the drop in demand for business loans and in short term interest rates in recent weeks suggested
      204 words
    • 124 9 THE Indian Government has suspended the scheme to supply exporters of gold jewellery with gold at close to international prices. An official notification said the scheme is being suspended immediately until further notice. Official sources said the decision was taken because of the sharp fluctuations of the
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    • 716 9  -  By LEE YOKE MENG THE multi-million dollar question on every gold bug's tongue these days is whether the bullion price can skyrocket by the end of this month to US$l,OOO an ounce. Although most operators tend to be cautious and uncertain over the outlook, there
      716 words
    • 552 9 THE AMERICAN consumer's continuing appetite for goods and services has cast a pall over the credit markets and raised important questions about the future behaviour of the economy and interest rates. Despite suffering declines in real purchasing power last year as prices outraced gains in income,
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    • MONEY AND EXCHANGE$
      • 505 9 CONDITIONS on the foreign exchange opened unchanged from the past week. Trading activity was average on a two-way basis, with the US dollar moving slightly lower against the other currencies during the day. Against the yen, the dollar started off at 240.60 70 yen, trading upwards for a
        505 words
      • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10 per cent.
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      • 162 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Jan 21: US Dollart(Spol) Offer Bid 7 days 14 13 1 month 14'. 14'. 2 months 14 5/16 14 3/16 3 months 14 14'. 6 months 14'» 14'. 9 months 13 13/16 1311/16 12 months 13 9/16 13 7/16
        162 words
      • 48 9 RANGE of prices offered by discount houses on Jan 21: Overnight: 6 >'« Call deposits: 6 !o6'i'» Closing Buying Selling 3-month Treasury bills 6 6 I 3 month Bank bills 10 10 3 months CL> 10 10 k 6 months CO 10 11/16 109/16 Source: National Discount Co
        48 words
      • 46 9 FRANKFURT exchanges opening quotes yesterday: US 1.7273 83 Stg 3.959 %4 Can 1 4854 71 nn 90.53 66 Sfr 108 11 28 Lit 2 142 45 Ffr 42 68 73 Nkr 35 07 12 Bfr ron 6.154 61 Hfi fin 5.970 9KJ1 v...i n 7l*n
        46 words
      • 354 9 GOLD futures in Singapore closed generally firmer yesterday compared with last Friday's closing levels on shortcovering interest, dealers said. Trading was moderately active and turnover for the day was recorded at 477 lots while turnover for kerbs was 268 lots. February closed higher at U*****.00 836.00 an ounce against
        354 words
      • 151 9 THE U.S. dollar for overnight delivery closed firmer at 240.20 yen yesterday, compared with a 240.00 opening and 239.45 at Friday's close, dealers said. Trading was moderate with volume of US$73l million. The dollar rose initially to a high of 240.75 yen on active buying by Japanese banks to
        151 words
      • 80 9 PHILIPPINE gold production from mines mainly extracting gold is expected to rise to 20.152 kilos this year from 17,450 kilos in 1979 and 17,363 kilos in 1978 because of increased production and exploitation of new gold mines, the Bureau of Mines said. It said in a statement
        80 words
      • 280 9 THE U.S. dollar opened firmer yesterday against most currencies compared with its pre-weekend close in quiet trading, dealers said. Opening levels were about in line with late Far East quotes following dollar bidding in New York on Friday after the European markets closed, they said. The dollar opened at
        280 words
      • 130 9 THE Hongkong dollar was mixed in quiet late Hongkong exchanges yesterday in the absence of any new market factors, dealers said. It stood firmer at a late 240.25 35 yen from New York's Friday close of 239 65 80 and 239.35 55 here late Friday, and at 1.7278 83
        130 words
      • 67 9 AUSTRALIA NZ exchanges quotes vesterdav: US dlr 1.1121 1.1073 Sterling 0.4886 0.4829 Ninety day air mail buying rates Sterling 0.5139 US dlrs 1.1648 Ninety (lay forward buying rates Sterling 0 4971 US dlrs 1.1230 New Zealand Reserve bank midrate L'S dlrs 0 9883 Trading bank indications: Sterling 0 4341
        67 words
  • Page 9 Advertisements
    • 213 9 Do you need a lease to grow? Tokyo Leasing (Singapore) Re. Ltd. is a wholly owned subsidiary of Tokyo Lease Co. Ltd. Tokyo Lease was established in 1964 on the initiative of The Dai-lchi Kangyo Bank Ltd. and was the first leasing company in Japan to be associated with a
      213 words

  • 2133 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
    2,133 words
  • 159 10 SINGAPORE 1 NIT TKIST (Mua(eri' prim f»r Ju S) The Commerce 2.33 2.47 The Saving Fund 150 1.59 S pore Prog Fund 1 04 1 10 S pore Sec Fund 182 193 S'pore Invest Fund 1.38 1.46 S'pore Equity Fund 100 1.06 INCOME BOND I NIT (Carreat pricea)
    159 words
  • 2714 10 Gr's Gr's 1979-80 Last Div Div Y'ld Net Vol Day High Low Company Sale or- C'vr P/E 000) High Low SECTION ONE INDUSTRIAL A COMMERCIAL 261 207 Acma 250 unch 15.0 2.2 6.0 12.8 2 250 250 223 123* Aicom 223 100 1.3 4.4 29.7 148 110
    2,714 words
  • 2211 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 \rma (2.458) \JUMMta (3 40S) Aleam (2.068 2135) Alex Hald (1
    2,211 words
  • 659 10 SHARE prices held np against a farther slide on the Stock Exchange of Singapore yesterday, adding substance to some analysts' belief that last Friday's correction will be brief and technical. However, buyers tread cautiously, being more selective than they were in the last
    659 words
  • 596 10 THE return of buying interest in the afternoon helped prices to recover on the Kuala Lumpur stock market yesterday. Prices were a little soft during the early session as profit-takers extended their run from late last week. However, buyers began to reassert themselves towards the
    596 words

  • COMPANY NEWS
    • 364 11 Market Talk... MARKET analyst James Cowan Associates (JCA) j has advised investors to be t cautious when buying at present levels because "the i local market is currently t overbought". t In its latest investment newsletter, Forecast, published last Friday, JCA advised readers to
      364 words
    • 102 11 MAGNUM Corporation has received a total of $4,032 million from the sale of its 1.5 million shares in Hong Leong Industries (formerly Fancy Tile Works). This includes $202,137 obtained from the sale of rights. Replying to the KLSE, Magnum says the disposal of the shares yielded a
      102 words
    • 224 11 Date Last Full Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Div. <%) Profit BATS 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 Ind F 18/1
      224 words
    • 622 11 w>m~* by HOCK LOCK SIEW IF THE offer by Malaysian millionaire Tan Sri Lee Yan Lian and his associates for the Hongkong-based Rubber Trust group of companies came as a surprise last week, what is even more striking is the generosity
      by HOCK LOCK SIEW  -  622 words
    • 187 11 THE George Town Dispensary Berhad has announced an interim dividend of 5 per cent less tax (same) for the year ending January 31, payable on February 19. The books will close from Feb 12 to 18 inclusive. Replying to queries from the KLSE, Pacific Development Credit (PDC) said
      187 words
    • 438 11 THE directors of Supreme Corporation, the property, finance and plantation group, have told the Kuala Lumpur Stock Exchange that they are not aware of any reason for the substantial turnover in the company's shares recently. In its brief, two-para-graph statement. Supreme also said
      438 words
    • 324 11 Current Ex Booka Date Total for Total for Payment Date Cloae KTPiu a* I Jan 2 Jan 14 Jan 22 8% 32% Temerloh 5*1 Dec 28 Jan 10 Jan 22 5% 17% Nanyang Pro* 12%(b) Jan 8 Jan 15 Jan 24 12% 0% Sg Beat 200% I Dec
      324 words
    • 103 11 Company Particular* Ex Date Booki Cloae M Breweries Bonus Issue of 1 for 2 Jan 24 Jan 31 Lingui Bonus Issue of S for 3 Jan 22 Feb 1 Temerloh Bonus Issue of 1 for 1 NYA NYA Sentoaa Bonus Issue of 1 for 3 NYA NYA T
      103 words
  • Page 11 Advertisements
    • 150 11 I T r i 7 r'ctcrjs' Elsie; r r 3 THIS r, L' ilr V i SUPER HAMPERIfe WORTH $500 V/i I VS ASIA MOTORS KAMPONG MMT, Tel *****6 MCEE ANN BLOC, Tet *****22 open from Moo to Sat 830am-700pm Sun 10 00am-3 00pm SAN MOTORS, 27 Foch Road Singapore
      150 words

  • 306 12 A MALAYSIAN company is seeking an order from the High Court here to register a judgment it obtaned in Kuala Lumpur for three sums totalling about Ms 7 million against Choo Kim San, a former prominent land developer. The application by Malaysia Borneo
    306 words
  • 173 12 SECURITY officials said yesterday that more Japanese military officers may be involved in a Soviet spy ring exposed by a CIA tip. Uncovering of the Russian spy group, allegedly led by retired Maj Gen Yukihisa Miyanaga, is regarded by authorities as the worst espionage scandal in
    AP photo  -  173 words
  • 565 12  -  By TEO TECK WENG TWO hotel operators are believed to be keen on managing President H<jtel, a new 525-room tourist class development nearing completion in Kitchener Road. One of the interested parties is a local concern. The other, which mainly operates in Malaysia, could
    565 words
  • 792 12 LONDON, Mon. Government bonds were firm today, with the strength of sterling prompting institutional demand, dealers said. At 3 p.m., the Financial Times index was 1.5 points up at 461.3. Longer maturities rose as much as two points while shorter dates added up to half a point despite
    792 words
  • 283 12 AFP THE British Minister of State for Foreign and Commonwealth Affairs, Mr Peter Blaker, yesterday held separate talks with Malaysian Foreign Minister Tengku Ahmad Rithauddeen and his deputy, Datuk Mokhtar Hashim in KL. Mr Blaker discussed the Kampuchean situation with Tengku Rithauddeen who
    AFP  -  283 words
  • 364 12 IN A bold move to recover outstanding loans of a boot $31 million, the Malaysian bank, Bank Rakyat, will distribute Its list of errant debtors at the bank's general meeting to be held sometime this year, Agrfcnltore Minister Datnk Sharlff Ahmad said after meeting
    364 words
  • 768 12 FROM ALL SECTORS SINGAPORE'S second generation of leaders will be picked from the top echelons of all sectors and professions as the Republic's "catchment" of potential leaders has narrowed to only Singaporeans, Prime Minister Lee Kuan Yew said on Sunday. He spoke at
    768 words
  • 288 12 Reuter AN IMPORTANT article carried in all China's major national newspapers yesterday described "some existing democratic forms" in the country as harmful and called for China's leaders to consider their effects. The article followed a major speech by Vice Premier Deng Xiaoping gave to a private audience last
    Reuter  -  288 words
  • Page 12 Advertisements
    • 40 12 Ka JAN 24 25 26 27 THE eOETHE-MSTITUT presents FESTIVAL OF GERMAN OPERA 8 pm Freeshooter 8 pm Woz/eck 8 pm The Magic Flute 6 pm Fidelio Venue RELC Auditorium. Orange Grove Road. S pore 1025 Admission Free All Welcome
      40 words
    • 146 12 Australia and New Zealand Banking Group Limited announces the opening ofanew branch inSngapore This Branch offers the local and overseas business communities a diversified, competitive and flexible range of financial services including: Foreign Exchange dealings in major currencies. This includes spot and forward exchange dealings and remittances in Australian Dollars,
      146 words
  • Page 12 Miscellaneous
    • 67 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Fair except for showers in a few places after midday. Report for 24 hoars prior to 7.31 p.m. on Jan 21 at the airport. Maximum temperature 28.7 Associated humidity 76 Minimum temperature 21.8 Associated humidity 99 Hours of sunshine 4.30
      67 words

  • SHIPPING TIMES
    • PORTSIDES
      • 78 13 THE Singapore National Shippers' Council (SNSC) and Malaysian National Shippers' Council (MNSC) will jointly meet the Straits South Africa Shipping Conference, Far East East Africa Freight Conference and the Straits Somalia Freight Agreement on Jan 22 1980, to discuss their proposed freight increases. The conferences have proposed
        78 words
      • 67 13 AFP THE TONNAGE of ships flying "flags of convenience" has tripled in the last nine years while that of the world merchant fleet has only doubled in size, the Bremen Maritime Institute of Economy reported. Tonnage for the total merchant fleet rose from 185.5 million to 413* million
        AFP  -  67 words
      • 140 13 AFP A FISHING ship flying the Singapore flag was apprehended towards the end of last month in Labuhan Bajo on the western tip of Flores Island, it was reported in Jakarta. The ship, bearing the identification sign "SMF 707", was arrested while steaming towards the shoreside apparently to
        AFP  -  140 words
    • 557 13  -  UPTREND INDICATIONS By RAHIM KASSIM THE ODESSA Ocean Container Line (Odessa) which started in December 1978 serving ports in the Far East and Europe may increase its monthly container capacity this year if trade demands warrant it. The container service which started off with the 7.700
      557 words
    • 540 13 Shipping IJnr PW 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 ASCL in 1 Asia America IV 5 Asia Merchant IV 5 Atlas VI 4 Bank
      540 words
    • 874 14 ARAB WORLD INSURANCE FT THE EXPANDING oil-based economies of the Arab world are providing a thriving insurance market for marine and aviation underwriters. The tanker fleets taking the oil out of and the cargo vessels taking goods into the countries require insurance for the ships
      FT  -  874 words
    • 132 14 Reuter. CONSTRUCTION of a pier I,MO metres long and 13 metres wide to take China's first IM,Nt-ton ore carriers has been completed at Beiion port in eastern ZheJiang province, the New China News Agency (NCNA) reported recently. It said the driving of steel piles for the foundations
      Reuter.  -  132 words
    • 933 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      933 words
    • 1513 14 SLIGHT improvement in grain chartering but with rates tending to ease. Grain cargo were fixed from Northern Range to Glasgow at US$lB.5O fio for Jan/Feb and from US Gulf to the Italian Adriatic at $22.75 fio for Jan also from US Gulf to Taiwan at $31 fio for
      1,513 words
    • 1498 15 WITH THE naming of its first Director General and the acquisition of headquarters premises Inmarsat, the first truly international and completely civilian maritime satellite communications system, assumes a personality and becomes a presence rather than the plan the formulation of which has been
      1,498 words
    • 169 15 AFP THE Liberian-registered tanker Salem sank off the coast of Senegal early Friday carrying 200,000 tonnes of crude oil, nearly as much as the Amoco Cadiz which ruined miles of French beaches when it ran aground two years ago. It appeared that the oil slick from the
      AFP  -  169 words
    • Article, Illustration
      450 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Mas (after Yong Chang)l9 Dong Feng (shifts after Fuso Maru sails) 42'43 Eastern Poseidon (after Miao Feng Shan sails A Lanka Sagarika hauls) 27,28 Eniseysk (Tanker) (after Turkmeniya hauls P/O Subject Gas Free) 15/16 Golden Wonder (after Song Lo) 22 Hupeii
      450 words
    • 4274 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      4,274 words
    • 73 20 LLOYD'S Shipping Intelligence service reports the following port conditions for the dates specified: PORT SUDAN, Jan 13 nine vessels off port with no delays. Reuter PORT LOUIS, Jan 18 the labour situation is improving gradually and an average 30 gangs are available of 35 required since Jan 17.
      73 words
    • 357 20 THE LONG-standing arguments over the allocation of state financial aid to Italian ports have resurfaced in the wake of the recent imposition of a 2 per cent congestion surcharge in both Genoa and Leghorn by Ihe four main trans-Atlantic conferences trading into
      357 words
    • 269 20 SEA CONTAINERS is investing in a $I SII million container factory in the People's Republic of China. This is understood to be the second US investment in a Chinese Container factory. Sea Container' partners in the deal are the East Asitic Company of Copenhagen and China Merchants
      269 words
    • 293 20 LINER PROFILE BENBULK Service, the surviving partner of the seven-year-old BEN/EAC joint service which broke up last year, offers regular sailings between the Far East and Europe. Offering two sailings a month, Benbulk gives particular emphasis to the carriage of timber and plywood. Other bulk cargo
      293 words
    • 1592 20 The leading shipping lines operating from loeal 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. Toepler Schiffahrt
      1,592 words
  • Page 13 Advertisements
    • 440 13 KYDSEI LINE JAPAN/SINGAPORE SERVICE See Page VI Column 3 for Sailings Agents KYOSEI AGENCIES (S) PTE. LTD. MARKETING *****2 GENERAL 9 i 3111 A Msu EURO ASIA LINE SDN BHO K L *****7» P KLANG *****1/3 PENENG *****/2 .IARDINF AMAH f Orient Overseas CcudcmeA. Line FULLY CONTAINERISED SERVICE TO EUROPE
      440 words
    • 266 13 JSI SEALORD Ul ANTAI H IBv UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF WEEKLY MULTI-PURPOSE SERVICES S pore I loading for 14/2 Mina Qaboos (26/2), Dubai (29/2), Dammam 3/3). Kuwait 6/3) Sahaiba 9/3) FULLY CONTAINERISED SERVICE S pore Loading for GR NAVIGATOR m S pore Loading for 15/3 leddah
      266 words
    • 96 13 NOL NEPTUNE ORIENT UNES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE STRAITS/AUSTRALIA RO-RO CONTAINER SERVICE A member of the Anro Consortium TO AND FROM AUSTRALIA: 10/2 15/3 AKIAtt 12/2 21/2 0/3 17/3 24/3 ftfMMITII 14/2 24/2 10/3 21/1 21/3 Also accepting transhipment cargo to/from Bangkok and E. Malaysia +A. AUSTRALIA S
      96 words
    • 655 13 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. Singapore *****11 < 4831J <***** 48J354 Booking 2/***** Penang 360/S7 CFS *****72 terminal *****33 P *****3 3873TF 1 CfS *****8 rasa CONTAINER Schedules 4 u SHIPS In Port ni SHIPPING List Vn LINER Profile VIII REGIONAL
      655 words

  • Page 14 Advertisements
    • 710 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG W© MALAYSIAN NTtRNAVONAL SHFWNG CORPORATtON BERHAD HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 Container Service To Et>ope Sport 1) Mseilles 2) Rdam 3) Hburg 4) Gburg •P Kelang Vessel Sailed KORRfGAN 26/1 fUTLANOA 2/2 B Pf
      710 words
    • 181 14 Sea SUPERCARRIER SERVICE WEEKLY SERVICE FROM US ATLANTIC/GULF AND E. CANADA tIU VESSELS BERTH AT BBS TERMML GOOONN 47 WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA Ma labr Fa Cwtun arty mil icssas berth at bbs termnal gooowb v SINGAPORE CALIFORNIA EXPRESS CONTAINER SERVICE ONLY 22 DAYS
      181 words

  • Page 15 Advertisements
    • 868 15 Overseas B m Containers Limited Weekly service to/from UK/Europe CONTAINERSHP SERVICE TO UK/CONTMENT: CONTAROSHP SERWCE FROM UK/CONTtNT: H burg Brew R dam Le Hj»r» S ton P Keung S pur Hut Ms: SjM SjM W SjM SjM 21 tan 23 tan HR. KS SjM S<M M SjM 29 In TK.
      868 words
    • 354 15 f Franco Belgian Services (Far East French Service irxth Belgian Far Eastern Lines> nf>«- ot ACE CONSORTtLi C.M.C.R. F AR EAST FRENCH SERVICE Mininn# DMS r .*arg»u?s 'Tifinbp' o* MED CLUB) $E) Seatrain Pacific Services S.A. SINGAPORE ENQUIRIES *****44 BOOKINGS *****82 CFS *****41 Terminal *****36 Optorg Shipping Pte. Ltd. Kuala
      354 words

  • Page 16 Advertisements
    • 855 16 p Hapag-Lloyd FULLY CONTAMRISED TO IUROPE EXPRESS CONVENTIONAL TO EUROPE S port P Kelang Pen Bftao Genu Hbuj Bremen Rdam Antwerp Mac Rickiners '6 1 28/1 1/2 29/2 22/2 10/3 8/3 S 3 3/3 HMesHeen 8 2 10/2 19/3 16/3 9,3 Ruessehhean 17/2 19/2 12/3 30/3 28/3 26 3 24/3
      855 words
    • 628 16 VEGA 145W VEGA 146E ALTAR 149W ALTAIR 150E KOREA SHIPPING CORPN P.KELANG 10/13 Feb S'PORf 14/18 Feb 10/13 Feb 14/18 Feb 4/7 March 8/11 March FM BUSAN BANGKOK 4/7 March 8/11 March TO BUSAN PENANG CALL SUBJECT INDUCE Mf NT HSC KSC KSC KSC KSC KSC KSC KSC KSC KSC
      628 words
    • 418 16 0 EVERGREEN LINE r FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE 1 ACCEPTING CARGO FO# HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP. IE HAVRE ALSO ACCEPTING CARGO FOR UNITED KINGDOM SOUTHAMPTON. LONOON MANCHESTER, BIRMINGHAM BRISTOL LIVERPOOL GLASGOW, LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM Spirt Hm*«| Fefaitove I otter dan Antwerp It Ham Em Vital
      418 words
    • 940 16 Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE" LOADING FOR RANGOON Spat PKelang Perun| htantawtwa 23/25 tan rmsimernwm* <Dnch*t*t 25/27 21/10 im PAGAN (Dodurpt *M*) 27/29 Im PA AN 31/4 F* B F SS C Agents m Moloywo TEPS MALAYSIA Port K eking Tel (38>-7355 Penong Tel *****/***** Compania Argentina
      940 words
    • 740 16 IHO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103. 21ST FLOOR. MARINA HOUSE. SHENTON WAY MISTRI ROAD. SINGAPORE 2 TEL *****44 7& *****70 O SANKYO LINE AUSTRALIA SERVICE MAY SKY. MAY CARP.. P. Kdang Saiga port Loadmg for: 29/30 lan 26/21 Jan BWS. SYO, MEL 13/15 Feb 10/12 Feb SYD.
      740 words

  • Page 17 Advertisements
    • 532 17 k. PIL GROUP EAST AFRICA/REDSEA SERVICE A SINGAPORE/CHITTAGONG/RAN6OON/SERVICES Singapore 5/10 Feb Chittagong. Rangoon SIN6APORE/BANGKOK/SIN6APORE DIRECT SERVICES PHILIPPINE INTERNATIONAL SHIPPING CORPORATION (incorporated in the Republic of the Philippines) Pacific International Lines Pte Ltd 45 Market Street, Singapore 0104 Tel: *****1(10 Lines) TELEX R*****5, ***** PSA Godown 10/11 Tel *****27, *****08 Contact:
      532 words
    • 618 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE FMM turoft H mi, B HAVIN RDAM M Germany Austria Benelui Benjron Kit wo Maru lotro Bay Tokio Eipress Cardgan Bit Kasuga Maru ER>e Mara Sited S M S tied ra Saded Saded Saded I Sided Sited Sited mi Sited Sited Sited
      618 words
    • 743 17 Scan Dutch 9 'All*m NTAINER SERVICE 1) Barcelona Genoa latfcor* Amsterdam Antwerp L( Katre Bilbao Basle S'ton (OFT) Liverpool UK. Canari Isiarids Bremen BrenwrtiaM* Aarfcus Cowmann Helsinki 4) Malno Stockholm Oslo U Into ressets accepting cargo tar Bangkok P Kelang EASTBOUNP FROM MED/UK/NC/SCANDINAVIA 1) G'bwg 2) H burg 3) I'm
      743 words
    • 747 17 BOUSTEAD AGENCIES THE BANK LINE LTD. LOADS FOR E. S. AFRICA BEAKMANK (Reunion Our Dan Ctown Pi flu E londoni Spoie 7,11 let P Mang LYKES ORIENT LINE U S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) Singapore P Keiang Kuantan US GtM MASON LYKES (disch I loads)... 25/28
      747 words

  • Page 18 Advertisements
    • 802 18 LINE KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA Bndfe torn Gale Bndte 21/1 1/3 Varum Bridie 26/2 21/2 Eater teedo reueto abo atatobte on request C»tws iho acceptable tor Oakland. Vancouver Portland Houston. Galveston. Nc« Orleans Boston. St Mit. PNadeptaa Nortok Baltimore Satamrt lacksonvle FROM EUROPE TO FAR EAST *1
      802 words
    • 533 18 E.C./GREAT LAKES SERVICE 10UXNG FOR «N YORK NORFOIA MONTREAL lOKOK 10 ASHTABUA Penang b*ij«dn P Mang S'ftgipoif n CALIFORNIA/PACIFIC NORTH WEST SERVICE Loadng lot 10$ ANGELES SAN FRANCISCO SEATTLE. TACOfU VANCOUVER BC EXPRESS CONTAINER/CONVENTIONAL/ REEFER SERVICE Penang P Aelang Singapore I Angrier TIWURA II Feb 11/11 Frit 70 IU AUSTRALIA
      533 words
    • 798 18 S S A Group SINGAPORE SHIPPING AGENCIES PTE. LTD ■J 20TH FLOOR OCEAN BUILDING SINGAPORE MARKETING 9t 1 '22 (3 LINES) GENERAL 91J111 (14 LINES) TELEX RS ***** RS ***** Afß CARSHIP CABLE CARGOSMIP Kcgiwuil Container Lines WEEKLY CONTAMER SERVICE to/from BANGKOK lURQUOBE BOUNTY 11* QUOiy BOUNTY tURQUOISE BOUNTY TURQUOISE
      798 words
    • 737 18 GRANARD LINE RED SEA/MEDITERRANEAN SERVICE M V MAN SING V 35W.. 21 Jan M V MAN CHEONG 1 17 Feb M V MAN FUNG V 37N 20 Mar acceh»« contarcr cargo fa atr M V MAN CHEONG V 29E S pore P Kelang Penang Loading for P Said Aleiandria Beirut
      737 words
    • 638 18 nnirrmu iimls, luesaay, January a y 158 !A (PTE) Faber House. 234E Orchard Road. Singapore 9 Telephone *****11/*****57 WWMABMA'MtEMM REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE SOMD M 869 PtSTIS WB7O S pore P Kelang Pffiaoj loadng tar M* 27 ta BOULOGK/UK (AVON) 9 Feb 13 Feb NANTES/UK (AVON) Smgapore
      638 words

  • Page 19 Advertisements
    • 169 19 TRUCONTAINEB 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, Lyttleton, Dunedin Australia Sydney, Melbourne, Brisbane, Adelaide, Sri Lanka Colombo Europe and U.K. Call *****81 Container leasing services BS ICCU CONTAINER u FLEET 55 MANAGEMENT
      169 words
    • 249 19 kannivell lines (REGULAR SERVICE StIGAPORE/EAST-WEST MALAYSIA) VSL S'PORE PENANG LOADING FOR SEA LOVE V.l 28/1 2/2 KOTA KMABALU SEA LOVE V.2 12/2 16/2 DO SEA LOVE V.3 29/2 2/3 -DO KANNNELL V.l 14/3 17/3 DO KANNN 30/3 2/4 -DO (M.V. SEA LOVE EX TROPIC FURY) AGENTS SINGAPORE MOUERS (S) PH.
      249 words
    • 182 19 r ZIK INTERNATIONAL FREIGHTWAYS PTE LTD GfKMi agents STOW MAi AYSIA IW MTERNATKMAI EREIGHTWATS Pit ITD 111 ?.W6l (3 l*es) TIWAS SEIATI CORPN SOW BK) PENANG TlI ***** *6669/ LOADING DIRECT FOR KARACHI m rumor GENERAL AGENTS MAGNA SHIPPING (PTE) LIMITED l?th Fir UN Building 135 Cecil Street lEI ??1901l
      182 words

  • Page 20 Advertisements
    • 183 20 Super Carrier Express Service now extended from Los Angeles with .minilandbridge to US GULF PORTS Barber Blue Sea's Express Service from the Far East direct to Los Angeles now offers you faster deliveries by minilandbridge all the way to Houston, New Orleans and Mobile. For containerized cargo that needs to
      183 words
  • Page 20 Miscellaneous
    • 152 20 Regional Weather SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Direction of movement r>B indicated by arrow and speed in knots. LEGEND: ©Centre of Tropical Depression, maximum wind speeds 22 —33 knots. I Direction of mi (s) Centre of Tropical Storm, maximum wind speeds 34 —64 knots. >
      152 words