The Business Times, 29 January 1980

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 111/1/8« TUESDAY, JANUARY »,198« 50 CENTS
    10 words
  • BRIEFLY...
    • 73 1 AP ISLAMABAD, Mon. The emergency foreign ministers session of the Organisation of Islamic Conference (OIC) is expected to conclude tonight with the drafting of four resolutions condemning the Soviet Union's intervention in Afghanistan, an official said. Mr Kassim Zahiri, assistant secretary general of the Saudi Arabia-based OIC and
      AP  -  73 words
    • 61 1 AFP CAIRO, Mon. Soviet experts in Egypt are to be expelled, President Anwar Sadat announced today. Addressing the People's Assembly, he said the experts were working in the steel sector and in the shipyards. President Sadat also said the number of Egyptian and Soviet diplomats posted
      AFP  -  61 words
    • 69 1 Reuter BANGKOK, Mon. About 20 artillery shells hit Thai territory today as Vietnamese-led forces kept up their attacks on a stronghold of guerillas loyal to the ousted Khmer Rouge regime near the Thai border in western Kampuchea, Thai military sources said. They said the fighting pushed nearly
      Reuter  -  69 words
    • 68 1 Reuter MOSCOW, Mon. Soviet correspondents in Afghanistan said saboteurs were blowing up bridges and communications lines and killing people in different regions of the country, forcing the Afghan army to remain on permanent alert. Reporters said "bandits" the Soviet epithet for guerillas fighting successive Moscow-backed governments in
      Reuter  -  68 words
    • 58 1 Reuter KUWAIT, Mon. Gulf countries are planning a US$B billion arms industry to produce French Mirage HI jet fighters and Crotale missiles, the Kuwaiti newspaper Al-Siyassa said today. It quoted political sources as saying the states would set up a joint military industries organisation in the next few
      Reuter  -  58 words
    • 81 1 AP, Reuter. LONDON, Mon. The afternoon gold fixing today was done at U*****.00 an ounce, down from $629.00 at the morning fix and Friday afternoon's $668.00 fixing. It compared with the opening at $615/625 and the day's highest quote of $630/640. Dealers said the market was quiet
      AP,; Reuter.  -  81 words
    • 93 1 AP NEW YORK, Mon. The stock market was mixed this morning. The Dow Jones average of 30 industrials slipped 3.58 to 872.53 in the first hour. But gainers outnumbered losers about 6 to 5 in the early tally of New York Stock Exchangelisted issues. In the economic news,
      AP  -  93 words
  • Chief Price Changes
    • 135 1 Rises Temerloh 650 40 Malakoff 376 38 Straits Trading 890 30 Kenpti 650 30 Duff Oev 394 24 O C B C 795 20 Sel Properties 605 20 A Enterprises 430 20 Msia Rice 217 20 St Steamship 275 19 M U I 510 18 Falls Kramat 520 -5 Spore
      135 words
    • Article, Illustration
      164 1 Rises Indices S Trading 890 35 B.T. Index: Jan 25 Jan 28 5645.10 5820 78 Duff 394 +30 Industrials. 500.43 506.76 A Amal 740 30 Finance: 725.94 733.18 Petaling Tin 1180 30 Hotels: 323.66 324.48 Tronoh Kempas 1210 660 30 25 Properties: Tins: 320.78 325.51 263.91 265.42 Taiping
      164 words
  • 669 1  -  RATES MAY BE LOWERED By RAHIM KASSIM AMERICAN container giant Sea-Land Inc, said to be the largest containership operator in the world, has decided to resign from 12 eastbound trans-Pacific liner conferences because they have been unable to meet the changing needs of the trade. This
    669 words
  • 230 1 THE Seventh Asean Banking Council (ABC) meeting will be held in Jakarta on Wednesday and Thursday to be followed by the threeday third Asean banking conference. Conference delegates will review developments in the Asean banking industry over the past year and will also present
    230 words
  • 384 1  -  By FOO CHOY PENG ASEAN textile industries have agreed in principle to work out an arrangement for the fuller use of quotas which each Asean member country is entitled to under the Multi-Fibre Agreement (MFA) with the European Economic Community (EEC). Two proposals were
    384 words
  • 320 1  -  By RUTH CHENG THE Monetary Authority of Singapore (MAS) has indicated that it does not intend to issue an official policy statement on the Autosave debate as it feels there is no need to do so. It said that the Development Bank of
    320 words
  • 278 1 FOLLOWING strongly on last Friday's record closing, the Singapore stock market stretched to a new high yesterday with share prices rising sharply in a fresh wave ef baying. Above the babble o( baying orders in broking galleries, there were excited comments on the
    278 words
  • 482 1  -  By MANO SABNANI GOLDEN HOPE Securities has been given the greenlight to resume its share trading activities on the Stock Exchange of Singapore from 9.30 am today. The decision to lift the suspension imposed on the stockbroking firm during the weekend follows a closed-door meeting
    482 words
  • Page 1 Advertisements
    • 27 1 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
      27 words
    • 132 1 ASIA RESEARCH BULLETIN This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about 8,000 words each. There is a dual
      132 words
    • 62 1 Leader... Page I Leader...Page I SHIPPING TIMES CASTING the net for board chairmen... 7 JAPANESE offshore lending may resume I NET asset value per share of Straits Trading 11 ROTHMANS chalks np higher earnings 11 MAICO to change shareholding structure 12 FRENCH businessmen form association 12 AIRCRAFT 5, TV AND
      62 words
    • 173 1 Plain paper copiers Preferred byoffices worldwide CALL *****5. ▼V! Wywy Private Limited AM Wywy House, 17 Leng Kee Road, Singapore 0315 in the UK. and Ireland! Glasgow Edinburgh rewcastte < Tees-side LeedsBradford i ast Midlands Birmingham LondonHeathrow Southampton Guernsey To Amsterdam Flight Departure from To Amsterdam Flight Departure from Singapore
      173 words

  • TRADE AND INDUSTRY
    • 124 2 FORTUNE Advertising's managing director, Mr Sonny Ong, has become the first Asian to be elected chairman of the board of Worldwide Advertising and Marketing (WAM). The group is a consortium of leading advertising agencies with representative offices in 24 countries and 42 cities throughout the
      124 words
    • 74 2 A TEAM of engineers from British Shipbuilders, led by main board member Leo Curran, will arrive in Singapore today for discussions with local shipbuilders, engineers and shipowners. The mission has a wide range of advanced-design engineering products to offer, ranging from the latest micro-processor control systems
      74 words
    • 62 2 DEUTZ FAR East will be donating an air-cooled diesel engine worth $14,000 to the department of shipbuilding and repair technology of Ngee Ann Technical College. The gift will be used as a teaching tool to enable students to learn the mechanisms, functions, operations and maintenance of
      62 words
    • 322 2 VOLVO Far East Ltd will today unveil an 11-ton motor grader, the first of its kind to be manufactured and assembled in Singapore. The Volvo BM 3200 was assembled in the Republic by Richard Machinery Pte Ltd with major components like the engine, transmission and hydraulics,
      322 words
    • 113 2 THIS Is the CAC-1 accumulating and cartoning machine, claimed to be the world's meet advanced packaging machine employing micro-computers. In its prototype stage, the facility functions entirely through pre-set programmes and fully-automates the packaging process. It can accommodate up to IS different configurations of the product package
      113 words
    • 145 2 SINGAPORE is one of the world's fastest growing markets for car stereo systems says Mr K Yamagami, export manager of Fujitsu Ten Ltd. The company, which claims to be Japan's leading car radio and deck maker, has increased its sales 24fold in the past 10
      145 words
    • 329 2 JAPAN Pack, an exhibition of the latest achievements in packaging machinery and related equipment, opens today at the World Trade Centre the first time such an exhibition is held outside Japan Equipment consisting about 120 items worth $3.3 million have been shipped into Singapore
      329 words
    • 312 2 THE WORLD Trade Centre j is set to top its record of 26 exhibitions last year with a full calendar of 30 events. The 1980 list spans a range which includes industrial technology, modern business management methods and consumer-oriented activities. The list includes only
      312 words
    • 376 2 SINGAPORE'S rubber exports in November last year was the second highest for the 11-month period, following closely behind peak exports in March by a mere 3 per cent. However, compared to the same month in 1978, the Republic exported 1.7 per cent less. But
      376 words
    • 126 2 THE BORNEO Motors Pot of Gold award (or 1979 went to top salesman Tony Tan, whose sales of 2t7 vehicles for the year outstripped the second-prize winner by 37 vehicles. He received his prize of a gold trophy and cash ang pow from general manager Brian Holder
      126 words
    • 156 2 HYATT Regency Singapore has announced the appointment of Lawrence Lm as executive manager (rooms). Mr Lau, who has been with the hotel since 1971, held the position of rooms division manager until his present appointment. He started working with Hotel Singapura Intercontinetal in 1966. Meanwhile, the food
      156 words
    • 265 2 SINGAPORE will be one of several new locations which the Thai-based Dusit Thani Hotel group intends to invest in. The group is planning to "go international" in the near future and the Republic, along with the West Asian countries, America, Sri Lanka
      265 words
    • 531 2 COURSES AND TALKS 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 and Develop Management Potential in Your Organisation, NPB Town Training Centre, National Productivity Board
      531 words
  • Page 2 Advertisements
    • 89 2 See us at Off-Shore SEA Exhibition 26th 29th February 1980 DeZURBK 'fjek Vs 1 I The DeZURIK PERMASEAL* Plug Valve This simple, tough valve features a self-adjusting plug that compensates for wear and temperature changes, plus "true top entry" for in-line maintenance Bi-directional shutoff to 1480 psi ANSI 150, 300
      89 words

  • REGIONAL
    • 71 3 UPI photo The expelled Russian ambassador to New Zealand, Mr Vsevolod Sofinsky (centre), arriving in Sydney on Sunday on his way back to Moscow. Mr Sofinsky said the New Zealand government's allegations that he passed money to a New Zealand communist organisation were "lies
      UPI photo  -  71 words
    • 554 3 AFP TEXTILE products will continue to be the leading foreign exchange earner for Taiwan, although many countries have adopted quota systems to restrict imports of textiles. An official of the Taiwan Board of Foreign Trade said that Taiwan's textile exports last year were
      AFP  -  554 words
    • 139 3 AFP CHINA will import easy-to-install modular houses from the Philippines to cope with its shortage of hotel rooms, reports said. The Manila major newspaper Daily Express said 20 of the knock-down houses will be shipped this week and 80 more within six months through Telon Hualian International Co
      AFP  -  139 words
    • 579 3 Reuter INDIA and France on Sunday called on all countries to refrain from intensifying great power rivalry and bringing back the cold war. The call came in a joint declaration signed by visiting French President Valery Giscard d'Estaing and Indian Premier Indira Gandhi in
      Reuter  -  579 words
    • 216 3 Reufer UPI FIGHTING between Vietnamese-led government forces and guerrillas loyal to the ousted Khmer Rouge regime erupted for the second day running in an area of western Kampuchea close to the Thai border, Thai military sources said yesterday. They said the fighting broke out opposite
      Reufer; UPI  -  216 words
    • 126 3 Reuter INDONESIA will take steps to sell its processed wood products directly to importing countries instead of through third parties, Director-General of Forestry Sujarwo said. So far, Indonesia had sold its wood mainly unprocessed as lumber to the US through Japan and Taiwan, but Mr Sujarwo said
      Reuter  -  126 words
    • 337 3 Reuter BACK in office after almost three years. Premier Indira Gandhi is faced with major problems which will not wait. She inherits an economy which is likely to see a 5 per cent drop in gross domestic product in the current fiscal year against a
      Reuter  -  337 words
    • 69 3 MALAYSIAN Primary Industries Minister Paul Leong yesterday ratified the International Natural Rubber Agreement on behalf of the Malaysian government at the United Nations headquarters in New York. While in the US, Mr Leong will meet US Agriculture Secretary Bob Bergland and government and rubber industry officials.
      69 words
    • 47 3 AFP DISSIDENTS in Guangzhou have appealed to all Chinese activists to unite against current repression in a longterm trial of strength with the authorities lasting "maybe 10 years'*. The appeal was sent to dissident groups that emerged from last spring's democracy and human rights movement. AFP.
      AFP  -  47 words
    • THE REGION IN BRIEF
      • 483 3 Agencies THE South Korean government will take over the management of the staterun Korea Oil Corp from Gulf Oil of the United States by purchasing half of Gulf's 50 per cent equity in the joint venture, the Orient Press news agency reported. An official request is expected
        Agencies  -  483 words
    • 849 3 UPI, AFP NEW ZEALAND Prime Minister Robert Muldoon yesterday accused industrialised countries of operating double standards that held back the advancement of developing countries and prevented them from improving the standards of living for their people. Mr Muldoon told some 2,000 tourism promoters
      UPI,; AFP  -  849 words
    • 207 3 AFP FORMER Indonesian national police chief, retired General Hugeng Imam Santoso is reported to be prepared to join politics in the coming general election in 1982. "I do not care too much which party I want to join, the problem is I must serve the people's interest,"
      AFP  -  207 words
    • 64 3 SOUTH Korea will deliver a letter to North Korea today at Panmunjom in response to North Korea's latest proposal for a single Korean Olympic team for the Moscow games, a Seoul spokesman said yesterday. The letter is from Mr Park Chong-kyu, chairman of the South Korean
      64 words
  • Page 3 Advertisements
    • 7 3 «%<fe Culsw Q.I& SiasbnUr (max Tel: *****5
      7 words
    • 219 3 Seiko World Timer Alarm TIME THE WORLD. ATATOUCH! Quick reference to 28 world time /ones. Multi-alarm function. 12-hour or 24-hour digital readouts. Water resistant. Superb quart/ accuracy. Seiko brings you the ultimate in glt»bal time keeping A marvellous timepiet e that tflls v< hi the pret ise day date and
      219 words

  • RAW MATERIALS
    • 1216 4 FT ALUMINIUM producers are facing a problem that derives from the success of their product. But it will be no less acute for that. There is now every prospect that world demand for aluminium will outstrip supply early in the 1980s. A marked slowdown in Western world economic
      FT; SOUROE: INTERNATIONAL PRIMARY ALUMINIUM INSTITUTE  -  1,216 words
    • 300 4 THE SINGAPORE market closed lower yesterday with February One RSS buyers quoted at 339.00 cents per kilo, down seven cents from last Friday's close, dealers said. Morning prices were marked down about five cents on upcountry selling and stale bull releases, they said. Afternoon prices fell further on continued
      300 words
    • 369 4 R A.S prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt f.o.b. 338 50 339 SON Int 1 R.S.S. February 340.50 341.50 Int. 1 R.S.S. March 348.50 349.50 Int. 2 R.S.S. 321 00 322 OON UK Cont 320 00 321 OON Int.
      369 words
    • 109 4 NOON SSR and SMR pncee yeaterdayRAS SSR 20 SSR SO (1-U (1 u hi palkt) mi palkt) Febraary (Correal Mlhl Barer* Sellers 302-SO 304.SON 299 SO 301 .SON March (Forward Mth) Buyer* Seller* 304 50 306 SON 301 50 303.50N MRELB SMRCV SMR L SMRS SMRGP SMR
      109 words
    • 152 4 Reuter EXPORTS of all types of rubber from Singapore rose to 110,062 tonnes in November last year from 94,693 tonnes in October but fell from 111,978 tonnes in November 1978, statistics department figures show. Imports of rubber into Singapore also rose in November to 68,029 tonnes from
      Reuter  -  152 words
    • 192 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cotton yarn: China Blue Phoenix 20s 2,305 32s 2,845, 4fe 3,030 (per bale of 400 lbs). Piece goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      192 words
    • 41 4 THE U.S. COMMODITY Futures Trading Commission said it approved the permanent adoption of the Chicago Board of Trade emergency rules setting net position limits on silver futures contracts of 600 contracts for any one or all futures contracts combined.
      41 words
    • 327 4 SINGAPORE: Yesterday's closing prices in S| per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.98, 100 per cent second class 0.83, 100 per cent third class 0.80, 25 per cent new crop no stock, B-10 per cent 0.70. THAI BROKEN: A-super 0.63, Special 0.57.
      327 words
    • 158 4 CHINESE Predate Exchange, Singapore, ■••a clariag prices per pleat yesterday: CMMit »U: Bulk $102 seUers, old drum $108 sellers, new drum $112 sellers. Capra: Mixed (loose) UK/ Cont $62.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $342.50 sellers, Sarawak white fob 96% NLW $327.50 sellers, Sarawak special
      158 words
    • 76 4 THE Straits tin price la Penang yesterday weakened M|S5 per pieal to $2,111, $211 above the lateraatlanal Tin Agreement celling, dealers said. Ik market weakened mainly beeaase of a large sapply of weekend tin concentrates and end-month settlements by miners, although there were reports of general baying at
      76 words
    • 40 4 Rubber: Jan 28 Singapore: February: 339.00 cents (down 7.00 cents) Malaysia: February: 344.00 cents (down 9.00 cents) Tin: M 52,161 (down $35) (equivalent to $35.73 per kilo) (down 58 cents) Official offering: 228 Vi tonnes (up 98 tonnes)
      40 words
    • 685 4 1 COFFEE: Robusta futures closed yesterday morning with gains from Friday of mostly £21 to £14 per tonne. An exception was thinly traded Nov that finished £39 up. Turnover was 2161 lots including 68 options. Dealers said the market held a narrow trading range during the morning on
      685 words
    • 127 4 STOCKS in London Metal Exchange official warehouses at the end of last week, (all in tonnes except silver, which in troy ounces): Copper fell 1,400 to 118,725; tin rose 295 to 3,115; lead fell 725 to 15,675; zinc fell 350 to 46,150; aluminium rose 4,375 to 30,075;
      127 words
    • 72 4 THE MARKET in Kuala Lumpur tended higher yesterday on operators' anticipation of a firmer overseas market and refiners buying ahead of the Chinese lunar year, dealers said. Trading was moderate and evenly spread through the three regions. The southern region gained Mss to $1,125 per tonne in Feb
      72 words
  • ASIAN STOCKS
    • 640 4 TOKYO Source: DBS-Daiwa LARGE capitalisation issues were heavily bought yesterday by institutional investors. This tendency was mainly influenced by last week's buying by foreign institutional investors. Nonetheless, except for a few of the large-capitalisa-tion issues, most of them gained little ground. Kobe Steel surged YlO to Yl7O
      Source: DBS-Daiwa  -  640 words
    • 360 4 Source: SHK Sec WEEKEND Press comment about New World brought buyers pouring into the market at the opening yesterday and forced prices sharply higher. New World hit a high of HK55.75 after opening at $5.45 and other favourities such as Tai Cheung, HK Land, Cheung Kong and HK Bank
      Source: SHK Sec  -  360 words
    • 128 4 THE market closed with commercials, industrials, mining and oils generally easier yesterday, dealers said. Turnover declined to 11.2 million pesos from Friday's 19.9 million. J AS 28 Pesos Acoje Mining ooe -***** Alias Con A Atlas Con B 44 00 -05 Baguio Gold 0082 unch Benguel Con B BK
      128 words
    • 258 4 THE stock market was virtually inactive yesterday with prices continuing to decline, dealers said. Thai Farmers Bank (ell two baht to 276, Industrial Finance Corp two to 136, First Trust two to 81 and Rama Tower one to 89. Bangkok Bank and Siam Cement were unchanged at 300 and
      258 words
    • 37 4 H.K.HANG SENO Monday 928.06 Friday 800.01 Week Ago 873.82 SYDNEY INDUSTRIALS Monday Closed Friday 619.34 Week Ago 617.76 ALL ORDINARIES Monday Closed Friday 840.10 Week Ago 838.20 The Sydney market wee closed for Australia Day.
      37 words
    • 70 4 WARDLEY Ltd announced a higher net profit for 1979 of HK$73.l million compared with $47.1 million previously. Dividend to parent company, Hongkong and Shanghai Banking Corp, was $47.5 million ($3O million). Total assets came to $5.52 billion ($2.94 billion). Issued capital doubled in September to $250 million with 125,000
      70 words
    • 27 4 TOSHIBA Corp said it is considering producing semiconductors in the US and is discussing buying Mansei Industry Co's US subsidiary, Marumen Integrated Circuits (MIC) in California.
      27 words
  • Page 4 Advertisements
    • 374 4 why not be a SALESMAN? Top men earn top money /i It when qualified Full training for UCTA Diploma Exam. The man in the car could be You examinat The house and family could be w Holders c Yours. With you in a prosperous jn sales K new job enjoying
      374 words

  • OVERSEAS
    • 685 5 ARRIVALS Service Local Operator Number Time From CAL CI814 1000 HLP CPA cxno 1005 HLP GIA GA980 1030 HLP MAS MH605 1045 KUL SIA SQ103 1045 KUL GIA GA944 1055 PKU GIA GA908 1100 MES SIA SQ240 1125 MES PAL PR501 1135 MNL SIA SQ65 1155 MNL
      685 words
    • 344 5 Reuter VETERAN Philippines Foreign Minister Carlos Romulo, warning that world peace is in serious jeopardy, yesterday pleaded with members of the UN to strengthen the organisation by establishing a mechanism for settling dispute peaceably. The last surviving founding father of the world body, General
      Reuter  -  344 words
    • 133 5 AP THE ISRAELI Cabinet has approved a sharply trimmed budget for the financial year beginning April 1, despite a deep rift among the ministers over planned austerity measures. About 100,000 workers stayed home on Sunday to protest the budget proposal and to demand new negotiations on wage
      AP  -  133 words
    • 148 5 Reuter WEST Germany's Economic Minister, Otto Graf Lambsdorff, confirmed the government expects a good 2.5 per cent economic growth in 1980 compared with a preliminary 4.4 per cent increase last year. He said there is no need to fuel the economy by an aid programme at
      Reuter  -  148 words
    • 134 5 Reuter SAUDI Arabia's state-run oil company, Petromin, has told Japanese oil refiners and importers it has raised prices by US$2 a barrel retroactive to Jan 1, the Japanese Trade and Industry Ministry said. New prices for Japan are $26 a barrel for Arabian light and $25
      Reuter  -  134 words
    • 567 5 Reuter IRAN'S President-elect Abolhassan Bani-Sadr has made it clear he is not prepared to accept a parallel government in the shape of radical Muslim students holding 49 Americans hostage at the US Embassy in Teheran. The 46-year-old Finance Minister said on Sunday night that
      Reuter  -  567 words
    • WORLD IN BRIEF
      • 431 5 Agencies SCIENTISTS say they have discovered five huge undersea basins off Alaska believed to contain major petroleum deposits, the New York Times reported. The US Geological Survey said the regions are in the Outer Continental Shelf, off the western coast of Alaska in the Bering and Chukchi
        Agencies  -  431 words
    • 118 5 AFP BRITISH trade union representatives of one-third of Britain's steel workers made progress over the weekend in negotiations to end a strike which has paralysed the nationalised British Steel Corporation (BSC) since the beginning of this year. The union delegates said Sunday night after nine hours
      AFP  -  118 words
  • Page 5 Advertisements
    • 563 5 --r-saiSfSs S Packaging wac ot &&£?S£S2~**~' SKS*-**" JIM off 'J'witkifKutU COMPANY NAME ft EXHIBITS (A) FILLING ft PACKAGING MACHINES SATO SHOJI COMPANY LTD. AiMomatlc packaging mac Mm. OSAKA AUTOMATIC MACHINE MFG. CO. LTD. TOKYO AUTOMATIC MACHINERY WORKS LTD. Packaging machine*. FURUKAWA MFG. COMPANY LTD. a) Vacuum packatfng machine b) Vacuum
      563 words

  • 303 6 BANKERS should have no doubts now as to where the Monetary Authority of Singapore stands on the issue of Autosave. It is squarely behind the scheme. Nor should there be any doubts as to why it allowed Development Bank of Singapore to introduce the scheme. It
    303 words
  • 339 6 THE Asean Federation of Textile Manufacturers is to be congratulated on its positive and highly innovative approach to the matter of quotas under the Multi-Fibre Agreement. Its proposal to the European Economic Community represents the first attempt by an Asean industrial organisation and for that
    339 words
  • 901 6  -  The failure of foreign embassies and visiting businessmen to work harmoniously is common among developing countries. India is no exception. ARUN BHATTACHARJEE reports. ARUN BHATTACHARJEE Depthnews INDIA'S quest for export outlets has been stymied by lack of up-to-date and accurate information about market and business
    Depthnews  -  901 words
  • 816 6  -  By PAUL LEWIS NYT A NEW YORK lawyer and a Filipino necklace manufacturer recently made their separate ways to a fifthfloor office suite at 50 Avenue des Champs Elysees, Paris' most famous street. Each had a business problem and each found the answer there at France Contacts, an
    NYT  -  816 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
      143 words
  • Page 6 Miscellaneous
    • 1437 6 TiVMRWDTO Rush home for Poldark IP YOU are lucky enwgh to be home by 7pm, then don't forget to watch Poldark at 7.lCpm tonight on Channel 8. Perhaps RTS should telecast the Poldark series over channel Ave at 8.39pm as dessert lor the tired viewer who may prefer to take
      1,437 words

  • 2064 7  -  By JOHN ELLIOT FT. W ANTHONY Wedgwood Be nil had had his way .when he was UK's Secretary for Industry, tempting advertisements might now be appearing in the national press offering what are widely regarded as some of the worst paid, most ardu•ous and
    FT.  -  2,064 words
  • 394 7 A BUSINESSMAN, a frequent traveller to Kuala Lumpur, would like to give this tip to people who also travel to Kuala Lumpur often and who love oysters. He said to order the oysters only on Thursdays and Fridays; eat them on any other days with dire
    394 words
  • 754 7  -  FORUM. with TSANG SAU YIN EATING, like art, is purely subjective. Notwithstanding the numerous books written in the most rational and academic manner to convince the reader that there are indeed some textbook principles that he should follow on dire consequences of being
    754 words
  • Page 7 Advertisements
    • 603 7 1 YMInVW fi mm* Earth sea Trilogy A Wizard of Earthsea I The Tombs of Atuan a The Farthest Shore A work of magical strength and imaginative power; of kp' that timeless struggle k Jfe Wbetween good and evil; of F demons, dragons, magicians I mW/7 and men; of honour
      603 words
  • Page 7 Miscellaneous
    • 36 7 Bll.StcW:F&nklMcken£ T KKOU> WV\PCT'S TVAC io»Tm rrie TODRY -1" ve piuLTnese U)P»GC S TO onpikre up P>MD N/&T \jc THIS compulsion TO move SBEb rrs PiLtnosr OS fCLOSePIF \'m UNOe£ r Ae t HC or sc)me
      36 words

  • INTERNATIONAL STOCKS
    • 854 8 FORD CONFIDENT OF CONTINUED GROWTH FORD MOTOR Company's record 1979 sales outside North America led those of all US cars makers for the 15th consecutive year. Mr Donald Petersen, executive vice president of Ford international car operations, said the "results are not yet final but it is
      854 words
    • 91 8 HAMERSLEY Holdingsunaudited 1979 net profit fell to A 530.87 million from 134.84 million previously, on a higher turnover of $380.75 million ($359 47 million). Profit is after tax credit of $4.84 million ($12.31 million debit), depreciation of $83.36 million ($52.77 million) and interest $34.60 million ($17.16 million) but
      91 words
    • 48 8 BROKEN Hill Pty Co Ltd (BHP)'s December output was 740,000 tonnes. 11.6 per cent up on November's 663 000 and 16.35 per cent above the year ago level of 636,000 tonnes. The December output was the third highest monthly figure on record and the highest since 1974.
      48 words
    • 443 8 Reuter MOBIL CORP and two other major US oil companies have reported sharply higher profits for the last three months of 1979 and the year as a whole, boosting speculation that "big oil" is doing very well indeed. Mobtl, the world's second
      Reuter  -  443 words
    • 282 8 DAI NIPPON Printing, Japan's largest printing company, has reported record earnings for the first half to Nov 30, 1979, thanks to brisk demand for commercial printing. The company's operating profits went up by 19.3 per cent to 17.67 billion yen, while net profits
      282 words
    • 46 8 HITACHI has signed a contract in Rome to supply high-capacity computers to Italy's Olivetti computers, affiliated to the Olivetti group. It will start shipment of undisclosed amount of OH 5500 model computers to Olivetti from April for marketing initially in Italy under the Olivetti brand.
      46 words
    • 157 8 FT MR RUPERT MURDOCH, chief executive of The News Corporation Holdings, and Sir Peter Abeles, chief executive of Thomas Nationwide Transport, have been appointed joint managing directors of Ansett Transport Industries (ATI). The announcement followed Sir Reginald Ansett's resignation as managing director of the airline
      FT  -  157 words
    • 170 8 Reuter SANYO Electric Co Ltd said it expects its after-tax profit for the 1960 business year to increase by about 32 pacent to 20 billion yen from 15.13 billion last year, on sales of 670 billion yen, up from 584.06 billion. The anticipated rise follows increased
      Reuter  -  170 words
  • Page 8 Advertisements
    • 215 8 viiuu umii ivawicig mmm v Picugi Co« a day* 11 nigM) Smgia Occupancy 5J6700 Packaga IncluOM Accommodation ptus OfaafctasVdinnar GuMaO Tour of Sanfoaa Island 90% rsbatMongraanfwaat Sentoaa doll Club Swimming Pool Staam Boom Tennij/Squaan Lasaons Farry Same* to Santoaa Fraa 'idas around taland on SOCbuaaa Twin Occupancy SSIIOOO Tnp*a Occupancy
      215 words
    • 153 8 F For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday $18 10% service charge 3% cess Javanese Rijstafel Saturday Sunday $16 4- 10% service charge 3% cess. For reservations call *****77 iW<S) I I'iirk Hlhil<»ii SHERATON HOTELS AND INNS WORLDWIDE Hi i Singapore 1025 T
      153 words
    • 117 8 Sea-Food prepared by our exclusive Thai Chefs It's the talk of the town. 0, I s ~T~ Call Josephine lor Call Josephine lor reservations I *****75 or *****11x107 t m is Si r W Merlin's New Tavern Bar It s totally new. Painstakingly furnished to create just the right ambience
      117 words
    • 178 8 Heard of Steamed Pomfret Roll? And that's only one of the typically Cantonese favourites up at Hin's. There are more Including a wide selection of our very own Flavours of Singapore Rediscover your taste buds. With great taste sensations. If you've been arc jnd, there's only one place left to
      178 words
    • 91 8 See Page 4 for Asian stocks _^RES£. A reputation for OK UUKOMtt fOOQ. 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 associates,
      91 words

  • BANKING AND FINANCE
    • 631 9 IRVING BANK Corporation, reported an increase of 25 per cent in income before securities transactions last year. Earnings were a record US$69.O million compared with $55,223,000 in 1978. On a per share basis, earnings were $7.84 for 1979 and $6.27 million
      631 words
    • 301 9 THE Bank of New South Wales has appointed Mr Laurie J Gouge as Chief Manager, Singapore. Mr Gouge has been manager of the Singapore branch since its opening last April. At Chemco International, Mr Thomas J Harrington has been named president of the company, a subsidiary of Chemical
      301 words
    • 413 9 AN international congress to examine the technological opportunities available to financial institutions in the 1960s will be held in conjunction with New Banking Asia '80 from June 2 to 5. Entitled "Technology and the Future Bank", the congress is organised by Technofairs Corporation Pte Ltd
      413 words
    • 187 9 NUGAN HAND International has announced the death of Francis J Nugan, cofounder and chairman of the international banking company which bears his name. Mr Donald Beazley, president and chief executive officer of Nugan Hand International, said that word of Mr Nugan's death in Australia
      187 words
    • 66 9 CHEMLEASE Inc. the equipment finance affiliate of Chemical Bank, has changed its name to Chemical Business Credit Corporation. Mr Robert W Brooks, president of the company, said the name change was a reflection of the company's growth into a full service asset-based financing business. In addition
      66 words
    • 359 9 THE Bank of China will issue foreigners with "foreign exchange coupons" for use inside China to limit the circulation of foreign currency within the country. The coupons appear to be part of an overall system of foreign currency controls expected to be announced soon.
      359 words
    • 493 9  -  By LEE YOKE MENG THE president of one of Japan's largest trust banks, Mitsui Trust and Banking, forecast yesterday that Japanese banks' offshore dollar lendings could resume by April, subject to some partial restrictions by the Ministry of Finance. Discussions are still going on between
      493 words
    • 647 9  -  Alan Lerner The writer, Alan Lerner, is a vice president and money market economist at Bankers Trust. THE US government securities market was routed last week as investors foresaw larger Federal deficits coupled with an economy that is still moving ahead and wracked by
      647 words
  • MONEY AND EXCHANGE$
    • 268 9 STERLING came under some early selling pressure yesterday, while the dollar was barely changed from late Hongkong levels at a quiet opening here. Dealers said sterling's easier tone is a reflection of market fears over industrial unrest, with the four week old steel strike now spreading to the private
      268 words
    • 329 9 GOLD futures in Singapore closed sharply lower yesterday compared with last Friday's closing levels in generally thin trading, dealers said. Trading was suspended for an hour yesterday morning as prices opened limitdown across the board following the metal's decline in London and New York last Friday. Thereafter the market
      329 words
    • 85 9 THE YEN was quoted weaker at a late 240.05/50 to the US dollar yesterday in fairly active trading following news of a US$2 a barrel price increase for Saudi crude oil exports to Japan, dealers said. The Japanese currency's weakness was offset by some good two-way business and recovered
      85 words
    • 135 9 THE U.S. dollar for overnight delivery closed firmer yesterday at 240.20 yen, compared with a 240.00 opening and 239.25 at Friday's close, dealers said. Trading was moderate with volume of US$635 million. The dollar strengthened to a high of 240.40 yen in light late trading on import covering by
      135 words
    • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 10.3 per cent.
      22 words
    • 158 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Jan 28: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US DolUrs(Spot) Offer Bm 14'• 14 IS 1 15 14*t 14'* 1411/16 14 9/16 14 11/16 14 9/16 14 1 14'• 14H 14
      158 words
    • 47 9 RANGE of prices offered by d count houses on Jan 28: Overnight: 3 r r Call deposits: toi'/« Clotiaf Buying Selliag 3-month Treasury bills 6'» 6 3 month Bank bills 10 1/16 9 15/16 3monthsCD 10 10". 6 months CO 107/16 10S/I6 Source: National Discount Co
      47 words
    • 42 9 FRANKFURT exchanges opening quotes yesterday: US 1.7362/72 Stg 3.920 930 Can 1.4953,59 Dfl 90.50 60 Sfr 107 20 35 Lit 0.2148 50 Ffr 42.65 75 Nkr 35.31 34 Bfr con 6.148 158 Bfr fin 6 002 012 Yen 0 7226 36
      42 words
    • 475 9 NEWS of an increase in Saudi Arabia's oil prices pushed the US dollar up slightly against the Japanese yen in early trading yesterday. As market conditions settled, however, the dollar took on a relatively steady note against the currencies, closing marginally firmer from opening levels. From an initial
      475 words
  • Page 9 Advertisements
    • 60 9 FOR SHIPPING AND MARINE INDUSTRIES PIPE LINE GASKET designed for the purpose on land and offshore sludge transportation pipe lines. Has been successfully used in West Asia and other parts of the world. Stock is available for outer diameter up to 27 inches, thickness around one inch. Please write in
      60 words
    • 217 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 ffrst leasing company in Japan to be associated with a
      217 words

  • 2112 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with She number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified SECTION ONE INDUSTRIAL COMMERCIAL Aetna (2 638)
    2,112 words
  • 172 10 SINGAPORE UNIT TRl'ST S pore Growth Fund 128' 1.34'j (Nuipn' prfara far Ju 9) INCOME BOND UNIT The Com mere* 238 2 53 (Carre* t prU rea) The Saving Fund S pore Pro* Fund 1.53 I 06 I 62 112 Income Bond 119 121 S pore Sec Fund
    172 words
  • 2782 10 ThU Year Gr'» Gr'» Net Company Last Div Div Y'ld P/E Vol Dav High Low Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 264 207 Aetna 264 4 15.0 2.2 5.6 13.5 21 264 262 223 123' Alcom 223 10.0 1.3 4.4 29.7 148 no
    2,782 words
  • 2093 10 1 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 \Jram (2.158 2 206) (1) 2 14 Bala (2 658)
    2,093 words
  • 761 10 "THE market is hot" wu the «Uekpfeme la brokers' galleries when a baying spree seat share prices to new highs at the Stock Exchange of Singapore yesterday. Opening even stronger than last Friday's firm closing, the star performers were industrial Mae chips which
    761 words
  • 568 10 THE BULLS went on a rampage on the Kuala Lumpur stock market and sent prices soaring in very robust trading yesterday. Conditions were most hectic during the first hour as traders pratically went on board in their eagerness to buy. But the sharp gains recorded
    568 words

  • COMPANY NEWS
    • 662 11  -  By ANTHONY TAN LEADING UK brokers are strongly recommending local investors to include British government securities and UK equities in their investment portfolios. This message was put across at a half-day seminar last week, hosted by James Capel for more than 70 selected guests
      662 words
    • 358 11 JACK Chla International Ltd in a statement said it is planning a one for five bonus issue and will increase its authorised share capital to HK$50 million from $40 million, both subject to shareholders' approval. The company said it is confident that the anticipated 10 cent final dividend,
      358 words
    • 263 11 SPI RRED on by Increasing sales, Rothmans of Pall Mail (Malaysia) has managed to chalk up yet another rise In its earnings In the first half of the current year alter a sharp recovery witnessed last year. Group pre-tax profit leapt M per cent
      263 words
    • LATEST RESULTS
      • 70 11 has report- Ed a group profit after tax of M 53.81 million ($1.06 million previously) on a turnover of $32.96 million ($31.61 million) for the year ended Sep 30. Company profit after tax totalled $1.58 million ($108,601) on a turnover of $16.39 million ($17.57 million).
        70 words
      • 32 11 has announced an interim dividend of 6 per cent taxexempt for the year ending April 30, payable on March 28 to shareholders registered from March 28 to March 10.
        32 words
      • 38 11 will hold its AGM on March 8. A final dividend of 15 per cent will be proposed and when approved, it will be paid on March 31 to members on the register on Feb 29.
        38 words
    • 977 11  -  By P GUNASEGARAM in Kuala Lumpur THE net asset value per share of Straits Trading Company has been estimated at $8.64 way above the $2.76 obtained by reference to the company's latest available balance sheet. The London-based stockbroking firm, Laurence, Prust and Company, in
      977 words
    • 509 11 SSKXSI2... by HOCK LOCK SIEW THE STOCKMARKET in Malaysia is developing, as keen observers would have noticed by now, in much the same way as Hongkong in 1971/72 when a number of private family-run companies came to the market for listing. But this time around, things are
      by HOCK LOCK SIEW  -  509 words
    • 235 11 Dale Last Poll Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Dlv. Profit <%) (ItH) BATS F 1/12 5.1 17.0 3,983 M'wata Steel I 22/12 12.4 10.0TE 14,803 Folex Ind F 18/1 2.7 0.0 858 N B Timbers I 19/1 10.1 10.0 11,179 Nat Iron
      235 words
    • 273 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year c c 16% Jan 14 Jan 19 Jan 29 23% 20% Berjuntai 40% I Jan 17 Jan 29 Jan 31 40% 95% D Reramat 61.5%I Dec 20 Jan 3 Jan 31 61.5%
      273 words
    • 112 11 Company Particulars Ex Date Books Close M Breweries Bonus Issue of 1 for 2 Jan 24 Jan 31 Lingui Bonus Issue of 5 for 3 Jan 22 Feb 1 Temerloh Bonus Issue of 1 for 1 •NYA NYA Sentosa Bonus Issue of 1 for 3 NYA NYA T
      112 words
  • Page 11 Advertisements
    • 214 11 SOUTH PACIFIC TEXTILE INDUSTRIES BERHAD (AND ITS SUBSIDIARIES) (Incorporated in Malaysia) ANNOUNCEMENT The Board of Directors have pleasure to announce the audited results of the Company and its subsidiaries for the financial year closina 30th September 1979 32*3 325 31.605 683 ProM Defore Taxation 4 152 900 Less Taxaiion 342.310
      214 words
    • 105 11 Businessmen, your inroad to the Singapore Banking. Finance Insurance r •>; iL < Hkk 5 M If r*\»° aaO* s e S**°t£« 4o 4 b V s o <o> eV ttO*' .wn. rk\scO v avo^ BA° X V~- _0^ V JtC^' £<**&**■ «£<***&** A TIMES DIRECTORIES PUBLICATION For enquirie! please
      105 words

  • 388 12 AFP UPI SAUDI Arabia yesterday put to the Islamic Conference in Islamabad a 10point resolution demanding the immediate and unconditional withdrawal of Soviet troops from Afghanistan and suspension of relations with Kabul. The text, supported by five other Gulf states, called on Muslim nations to:
    AFP; UPI; UPI photo  -  388 words
  • 758 12 LONDON, Mon. The market was quietly mixed today. At 3 p.m., the Financial Times index was up 2.4 points at 454.8. Government bonds closed with losses of up to point in continuation of Friday's easier trend and on anxieties over the British Steel strike and possible industrial action
    758 words
  • 128 12 US AMBASSADOR to Japan Mr Mike Mansfield praised Japan yesterday for its reaction to the situations in Afghanistan and Iran, and rebuked top American State Department officials for their biting criticism of this country last month. Mr Mansfield, speaking at the Japanese National Press
    128 words
  • 447 12  -  By HSUNG BEE HWA THE French business community in Singapore has formed an association to promote economic cooperation between France and Singapore. Known as the French Business Association, the organisation will perform all the functions of a chamber of commerce. It will foster trade and
    447 words
  • 425 12 THE Matsushita Industrial Corp (Maico), makers of the "National" room air conditoners, has earmarked the current year for the Malaysianisation of its shareholdings structure. It is expected to announce details of the plan soon. Maico's managing director. Mr Yoshinori Kobe disclosed this when he briefed
    425 words
  • 177 12 THE High Court has set down three successive weeks, starting Feb 4 for the hearing of a suit by FEP International Pte Ltd against Linfield Ltd of Hongkong and two other defendents here. Yesterday, an ex-parte application by FEP for Cho Jock Kim to
    177 words
  • 223 12 SINGAPORE can confidently expect to achieve a 9.7 per cent tourist growth rate or 2.25 million visitors for 1979. Although last December's tourist arrival figures are still unknown, latest statistics from the Singapore Tourist Promotion Board (STPB) indicate that Singapore received 2.03 million arrivals for
    223 words
  • 381 12 UPI THE domestic prices of oil products in South Korea was raised by an average of 59.4 per cent effective from midnight yesterday and electricity rates will go up by 35.9 per cent on average from Feb 1, the government announced. Government officials
    UPI  -  381 words
  • 335 12 SINGAPOREANS are increasingly being favoured over expatriates for key executive positions, especially in the financial and general management areas. This trend over the past five years was reported by Korn-Ferry International, an executive recruitment company. It said that in its search for
    335 words
  • 168 12 Reuter THE BANK of China plans to expand its contacts with foreign banks but will have to become more flexible in its dealings, the New China News Agency quoted the bank's president Mr Bu Ming. The president stressed that to suit today's new developments,
    Reuter  -  168 words
  • 117 12 IN Business Times of Jan 17, we implied that an agreement had been made between one of the Government training centres and The Machine People for the purchase of a Makino computer numerical control milling machine. We now understand that no such agreement has been made and
    117 words
  • Page 12 Advertisements
    • 85 12 If you're looking for chairs for 1 your office you've come to the right place. We've an outstanding selection of chairs specially designed for comfortable sitting and practicality. There is also an exclusive range for the chief executives. Come and view them at our showroom. Austin makes your office your
      85 words
    • 69 12 NOTICE To the holders of the floating rat* U.S. Dollar Cartiftcates of Dapoalt due 30th January, 1981 at BANQUE NATIONALE DE PARIS Ovaraaaa Union Houaa CoMyar Quay, Singapore 0104 We hereby certify that the rate of interest payable on the above-mentioned Certificates of Deposit for the Interest Period beginning on
      69 words
  • Page 12 Miscellaneous
    • 60 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Re pert for 24 boors prior to 7J9 p.m. on Ju 28 ot the airport. Maximum temperature 31.2 Associated humidity 61 Minimum temperature 23.1 Associated humidity 96 Hours of sunshine 10.35 Rainfall in millimetres Nil Total rainfall for
      60 words

  • SHIPPING TIMES
    • PORTSIDES
      • 73 13 AP THE marine department in Malaysia sent a launch on Sunday into the Straits of Malacca to locate the Indonesian ship Adhas which is reported to be sinking after it collided with the Danish vessel Balkan Reefer on Saturday. The port authorities said an attempt on Saturday
        AP  -  73 words
      • 77 13 Reuter CHINA on Thursday started a fourth passenger shipping service between the mainland and Hongkong, the New China News Agency reported. The new service between Shantou in the eastern part of southern Guangdong province and the British Crown colony will average 14 hours for the 180-nautical-mile trip.
        Reuter  -  77 words
      • 111 13 AFP TAIWAN was the biggest ship breaker in the world in 1979, with total tonnage of shipbreaking accounting for two thirds of the world total, the Local Ship Inspection Association said. Spain came next with 13 per cent of the total shipbreaking tonnage in the world. The
        AFP  -  111 words
    • 654 13  -  SISC IS LATEST ENTRANT By HSUNG BEE HWA SHIPPING lines from India are beginning to play a more active role in Singapore's maritime trade. In the past few months, for instance, at least three new lines have started services that include the republic as a
      654 words
    • 539 13 Shipping LiM Page (X Adriatic IV 5 Afea VI 3 Alfred CTS IV 5 Alltrans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 APL m 4/5 Argentine IV 4 ASCL in 1 Asia America IV 5 Asia Merchant IV 5 Atlas VI 4 Bank
      539 words
    • 255 14 THE PORT of Oslo Authority (POA) has recently ordered a floating link span from Navire Cargo Gear in Gothenburg. The new facility, which will be in operation by mid-1981, can accommodate two Ro/Ro ships at the same time. The design also permits the land ramp shown on
      255 words
    • 346 14 BRITISH Petroleum (BP) is to increase its capability to deal with oil spills all over the world. The company will research and acquire new oil spill equipment, materials and techniques, and enlarge its team of experts. A new base, to be established
      346 words
    • 1015 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
      1,015 words
    • 1253 14 CHARTERING was quiet in the North American grain sector of the freight market but an 80,000-ton cargo of heavy grain was covered from the Mississippi to Europort at $15 fio for Jan/Feb, while business was arranged from the US Gulf to Taiwan at $31.75 fio also with Jan/Feb
      1,253 words
    • 707 15 THE launching of HMS Speedy last year in Renton, Washington, marks another milestone in the history of hydrofoil technology. This Ocean Patrol Hydrofoil (OPH) is the first derivative of the commercial Jetfoil hydrofoil built by Boeing Marine Systems. The Royal Navy of Britain has
      707 words
    • 335 15 THE US aircraft carrier Forrestal dropped anchor in Alexandria, Egypt, on Sunday, less than a week after US President Carter announced American determination to defend vital areas of the Middle East. The timing was said to be coincidental, with the visit planned long before
      335 words
    • Article, Illustration
      481 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Ithaki Sailor (Tanker) (after Kota Kota Ratu sails P/O, subject gas free) 13/14 Keiyo Mara (Ro/Ro) (after Kota Ratu must sail not later than 0630 30th) 10/11 Kuroshio Mara (Cable Ship) (1700 after Kao Cheng) 42/43 Muehlhausen (after Rudnyy) 47 Neptune Beryl
      481 words
    • 4547 19 BCHEBBLE 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
      4,547 words
    • 550 20 THE Glomar Tasman underwent its second conversion when it sailed into Keppel Shipyard late last year. During its last visit in 1975, a conversion from steampowered to electrically powered drilling machineries was carried out. This time, however, Glomar Tasman was ready to give up its
      550 words
    • 250 20 VEB Deutfracht/Seereederei Rostock Lines (DSR), incorporated in East Germany has been offering a substantial and effective service both in scheduled liner traffic and in tramp, specialised cargo and tank shipping for more than 20 years. Currently it maintains 22 regular liner services to four continents. The line introduced
      250 words
    • 197 20 AFP DELEGATES at the African trade and shipping conference in Monrovia, Liberia, last week insisted on the need to create national shipping lines, and on merchant marine cooperation. An official of Algeria's line, created in 1963, argued that national lines enabled diversification of commerce by encouraging new
      AFP  -  197 words
    • 1531 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A B Adriatic Ctntalwr Container Feeders (S), Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)Euro-Asia Line (PK/PN). Alfred C. Tsepfer Intermodal (S)/ Marintex Enterprise (PK). Alfred C. Toepler Sehlffahrt
      1,531 words
  • Page 13 Advertisements
    • 439 13 AFEA LINE REGULAR SEMI CONTAINER EXPRESS SERVICE OIRECT TO LAGOSAPAPA See PegeVl Column 3 for Sailings Aqenls SINGAPORE SHIPPING AGENCIES PTE LTD MARKETING *****2 GENERAL *****1 A Msu EURO ASIA lINE SDN BHD KL *****?-P K I ANG *****1/3 •PE NENG *****/2 IA RI) IN I AN I All m
      439 words
    • 364 13 SEALORD Uk| ANTAH H m UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF WEEKLY MULTI-PURPOSE SERVICES! S'pore J loading for BN HAYYAN 12/2 Dubai (24/2), Kuwait (27/2), Dammam (1/3). Mina Qaboos (4/3) Doha (7/3) FULLY CONTAINERISED SERVICE HIM S pore Loading for illMfcUMil: S pore Loading for I u Jeddah
      364 words
    • 107 13 NOL NEPTUNE ORIENT UNES LTD FAR EAST EUROPE FULLY CONTAINERISED SERVICE Containers Feeder ed to/from F'stowe Also accepting cargo to/from Scandnavia MERCATOR S pore Closing Times: FCI Cargo LCL Cargo FROM EUROPE (VIA SUEZ): 2100 2/2 0900 2/2 STRAITS AUSTRALIA RO-RO CONTAINER SERVICE 9 member of the Arwo Consortium TO
      107 words
    • 664 13 1 Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. 7/bI i I JfH.'ls Booking .'/hi 709 J f-enjnj ifcfl/V' CFS Ifminal CfS J«9 mm CONTAINER Schedules SHIPS la Pert SHIPPING list REGIONAL Weather WHO Acts Per Whem ★L MAERSK LINE c u rm 1 ■t-T^iiryi
      664 words

  • Page 14 Advertisements
    • 692 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG M//7, MALA YSIAN INTERNA TIONAL SHPPHG CORPORA TtON BERHAD CdwUimr Sernce T» Europe Feeder *P Kelang Vessel S pore 1) Mseilles 2) Rdam 3) H'burg 4) Gburg HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 From Europe
      692 words
    • 340 14 35 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA ft Rata* Ma BM» TOM MEKSTMQB 31/1 5/2 WB WU MO/2 BMOER ramus *24/2 fa Krfjy fQ Mm mtf SJJ Cbat* B'aart N Tart tatan St Ma Hon ttatw Hart* ill/2 3/3 7/3 9/3 11/3 12/3 17/3
      340 words

  • Page 15 Advertisements
    • 997 15 Overseas B Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAMRSHT SEXMCE TO UK/CONTMENT: Liverpool Bay To* ye Bey 12 Fcti Cartfgan Bay It Feb Tata* Etpresi 23 Fab Or ol EMwfh 1 Mar ItauMn 7 Mar Bromn Express U Mar Htarf
      997 words
    • 250 15 f^3 Franco Belgian Services (Fitr Fast French Service with Belgian Far Eiistirn Lines) ACE CONSORTIA C.M.C.R. F AH FAST F RF M, Va'it.m* C nt.ec of MED CLUB $E> Seatrain Pacific Services S.A. Singapore ENQUIRIES *****44 BOOKINGS *****82 CFS *****41 Terminal 2205*36 Opt org Shipping Pte. Ltd. Kuala Lumpur *****3
      250 words

  • Page 16 Advertisements
    • 931 16 u Hapag-Lloyd FULLY CONTAMEJNSED TO EUROPE EXPRESS CONVENTIONAL TO EUROPE P*" P *ei«n Pen M»o Genu Hburg Bremen Rdim Antwerp Maißickmerj Saiied 2 2 21 2 22 2 10/3 8 i b 3 3 3 Rwdmte* 4 2 10 3 8 3 5/3 3 3 8 2 10 2 73-
      931 words
    • 645 16 VEGA 145W 16/ IS Feb 12/15 Feb FM BUSAN BANGKOK VEGA 146E 16/18 Feb 12/15 Feb TO BUSAN ALTAR 149W 6/9 Mar 10/13 Mar FM BUSAN BANGKOK ALTAIR 150E 6/9 Mar 10/13 Mar TO BUSAN PENANG CALL SUBJECT INDUCEMENT KSC KSC KSC MSC MSC MSC MSC MSC MSC MSC MSC
      645 words
    • 438 16 EVERGREEN LINE L PAR EAST/EUROPE EXPRESS EULL CONTAINER SERVICE ACCEPTING CARGO FOR HAMBURG FELIXSTOWE ROTTERDAM ANTWERP, IE HAVRE AISO ACCEPTING CARGO FOR UNITED KINGDOM SOUTHAMPTON. LONDON MANCHESTER BIRMINGHAM BRISTOL LIVERPOOL GLASGOW LEEDS WEST GERMANY BREMERHAVEN HOtLANP AMSTERDAM S P*« X**"! Ftfatlowt Rotter dan Antwerp It Hjnr Em Victor, i Fife
      438 words
    • 1663 16 s=============s=ss™™^gpsa=aisaHSsa*siaiH£^^^^^aw 1 Everett Lines [J Burma Five Star Shipping Corpn. KBk''BURMESE NATIONAL LINE" LOADING FOR RANGOON Spa* PKelang Penanj HTiunumi* rf**2/n ia* pmsmkctawywa (D«durg*« «#r) rmu/n ia* »/i fa PAGAN 'fedurn* aft) 30/1 Fab M M 2/5 Frt 7/1 ft B F SS C Agent* m Moloywo TEPS MALAYSIA Port
      1,663 words

  • Page 17 Advertisements
    • 855 17 L. PIL GROUP EAST AFRICA/REDSEA SERVICE KOTA SENTOSA KOTA CANTK S»Hipotf 10 15 March PKHar* Pfnant Ludn( tor Daressaiaam Momßasa teddah Hodeidati Port Sudan Daressaladtn Mombasa Hodeidah ledOJ" Port Sodan KOTA lATA KOTA SfNTOSA COLOMBO/KARACHI/P. GULF SERVICE KOTA RATU 28/3 Mar Colombo Karachi. Muscat KOTA lIMUR KOTA MA WAR KOTA
      855 words
    • 689 17 BENLINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE ro curort Beojror Imerpoot Bay Tokyo Bay Cirdtftn Bit Tokio Eipress City ©I Ednbur[ti liimu Mara Bremen Eiprets Rtune Maru Honfkonf Eipim Benaldar H BURG S pott P Mang W Germany B HAVEN ROAM Austria Antwerp 25/2 26/2 j/j 29/2 5/3 C/ 3
      689 words
    • 738 17 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE H.i i '*111:1 uTTI i »7i 1I ft: ;i>]l: r vj n I) Barcelona Goto* Leffcorn 2) Amsterdam Antwerp le Ha»rt BAmo Basle Ston (OPT> Lmarpaot. UA. Canary HMs 3) Bremen Bremertiaien Aartws Cooenkafen Hotsmki 4) Malmc Stockholm (Mo W tecdet true* acceptmf
      738 words
    • 731 17 BOUSTEAD SHIPP,NG AGENCIES THE BANK LINE LTD. LOADS FOR E. A S. AFRICA BEAVCRBAJK i Reunion Durban Clown PI Eta E London) Spore 5/11 fell P Mane LYKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobile, Houston, Galveston) Sinfapore P KeUng Kuantan US Gtf MASON LfKCS «fedi t loads)
      731 words

  • Page 18 Advertisements
    • 966 18 \®."K"line KAWASAKI KISEN KAISHA. LTD TO NORTH AMERICA (10 Fllrtß MSSIIS* p* $p MOTHER VESSEIS TK (A Sf MY »Vewl 4 lap* Ace 20/2 1/3 Madia Mam 11/7 21/2 Kurobe Maiu 11/2 h/j Suniti Ace 16* 5 2 8 2 Queens Wa» 71/2 2/3 Bridge lions Gate Bridge 27/2 t'J
      966 words
    • 512 18 E.C./GREAT LAKES SERVICE tOAMNG fO* NEW TOW. NOtfOIK. AfONTRfAt. TORON7O. ASHTAAAA Penjnf ftoawan P KeUng Singapore CALIFORNIA/PACIFIC NORTH WEST SERVICE Lojdnf lor lOS AAOLES SM FRANCISCO SfAlllf, I4COMX VHNCOUVFII 8 C EXPRESS CONTAINER/CONVENTIONAL/ REEFER SERVICE AUSTRALIA SERVICE IOAOMC rot S?<J *W Mel Sfd *W Mel P HHanj S>n|ipo>t 11/19 Frt
      512 words
    • 620 18 S S A Group SINGAPORE SNIPPING AGENCIES PTE. LTD 20TM FIOOR OCEAN BUHOING SINGAPORE MARKETING *****2 (3 LINESI GENERAL 9lJl 11 (14 LINES) TELEX RS ***** RS ***** A/6 CARSHIP CABLE CARGOSHIP KcgiMial lliintiihicr Lines WEEKLY CONTAMER SERVICE to/from BANGKOK BIURQUOISf BOUNTY TURQUOISE BOUNTY TURQUOISE BOUNTT TIWQOOtSf BOUNTY BtUWJUOia BOUNTY
      620 words
    • 725 18 GRANARD LINE RED SEA/MEDITERRANEAN SERVICE S port P.Kelang Penary Loadng for: MV MAN SMG V35W.. In Port MV MAN CHEONG V.** 27 Feb M V MAN FUNG V.37W 20 Mir ACCtPTMG CONIMCR CMCO Fa OUT M V MAN CICONG 2* 1 Feb Jeddah/P Said/Beirut Alexandria P Said Alexandria' Beirut P
      725 words
    • 619 18 INTRASEA (PTE) LTD. Faber House. 234E Orchard Road Singapore 9 Telephone *****1^*****57 SOMD W869 PBriS NB7O REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'pore P Keiang Penang Loadstar Sai*d InPort NANTES/I* (AVON) ROTTERDAM 9 Feb 13 Feb NANTES/UK (AVON) Agents: Sngapore MTRASEA (PTE) ITO 2J5K11 BOOKM6 *****57 ft. Lumpur rEO
      619 words

  • Page 19 Advertisements
    • 166 19 TRUCONTAINER EXPRESS INTERNATIONAL (Si 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 ICCU CONTAINER FLEET MANAGEMENT SA Transcontainer Leasing
      166 words
    • 187 19 ZIK INTERNATIONAL FREIGHTWAYS PTE LTD GEfCRAI AGENTS SPORE M*l*rSlA m hternationai fdtiwrw/irs pie iro 111 ???9/61 <3l.nes> TUMS SfIATI CORPN SOW BIC FINANG 111 ***** *****' THE NEW STRAITS SHIPPING CO (PTE) LTD BANGLADESH/CALCUTTA SERVICE ETA ETD LOADING FOR M V NNEWOOO In Port 11 lan Chittagong. Calcutta Spore Penang
      187 words
    • 158 19 NOTICES r TOKO LINK rn.v. 'HAND KWONG' V«y-t arrd m 18th. Juury, ISM M Jnroax P#n G*m N*-t m.v. 'HAND MING' V»y-I *rrd m Itth. Juui), IM M Jur*nx Part G*m W? Consignees of all damages cargoes ex the above captioned vessel are notified that the general survey will be
      158 words

  • Page 20 Advertisements
    • 41 20 Looking for EXECUTIVES PROFESSIONALS A> CD a Reach them at their homes through the appointments page in Sunday Nation reaches 60% of the English literate executives and professionals in Singapore For more details please call Francis Ng at 284-8844 Ext. 335.
      41 words
  • Page 20 Miscellaneous
    • 185 20 Regional Weather WO2 CLOUDY W03 FAIR WOl CLOUDY WO3 CLOUI WO3 CLOUDY F WO3 I FAIR VRBIOv WOl FAIR WO2 FAIR VRBIO WO2 WO2 FAIR 15 2 vrbio WO2 Tuiiunrnnr/tnu 1 FAIR <£) WO2RAIN V.V <0 j THUNDERSTORM i Sim Direction of movement indicated by arrow and speed in knots.
      185 words