The Business Times, 30 January 1980

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 110/1/80 WEDNESDAY, JANUARY 3», I*B* 50 CENTS
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  • BRIEFLY...
    • 97 1 AP WASHINGTON, Tues. The nation's two top defence leaders told Congress that they believe the Soviet move into Afghanistan shows the Soviet Union may be willing to threaten vital US interests in oil-producing regions. "The Soviet invasion of Afghanistan is a signal that the USSR is willing to
      AP  -  97 words
    • 49 1 AFP TOKYO, Tues. The US has informed Japan it would temporarily postpone the implementation of economic sanctions against Iran to obtain the release of American hostages held in Teheran, Foreign Ministry sources said. They also said the postponement would be only a short period of time. AFP
      AFP  -  49 words
    • 82 1 Reuter LONDON, Tues. Gold fluctuated further on world bullion markets today, rallying to gain US$5O an ounce after an equivalent fall yesterday. It was fixed in the key London market this afternoon at $674.25 an ounce after opening in both London and Zurich at $645 an ounce following
      Reuter  -  82 words
    • 46 1 Reuter MANILA, Tues. The world's seven major oil companies will probably determine how much fuel individual airlines would get if there is global oil shortage and would thus affect the development of international tourism, Pakistan International Airlines (PIA) chairman Enver Jamall said. Reuter
      Reuter  -  46 words
    • 96 1 Reuter LONDON, Tues. The International Synthetic Rubber Co, jointly owned by Dunlop Holdings Ltd, Goodyear UK Ltd, Firestone Tyre and Rubber Co Ltd, BTR Ltd and Michelin Tyre Co Ltd, said it has halted production of styrene-butadiene rubber in protest at the high cost of raw materials. A
      Reuter  -  96 words
    • 54 1 UPI JAKARTA, Tues. Australian Foreign Minister Andrew Peacock will arrive in Jakarta on Friday to discuss Pacific basin cooperation. Informed sources said Mr Peacock, who is to meet Indonesia's top-ranking officials, will boost Japanese Prime Minsiter Masayoshi Ohira's concept of a Pacific basin organisation to enforce economic stability
      UPI  -  54 words
    • 82 1 AP NEW YORK, Tues. Stock prices moved ahead this morning. The Dow Jones average of 30 industrials rose 0.94 points to 879.44 in the first half hour. Gainers outnumbered losers by a 3-to-2 margin in the early tally of NYSE-listed issues. The market's advance came in spite of
      AP  -  82 words
  • 143 1 Rises Indices H K Land 660 51 Jan 28 Jan 29 Maiakoff 416 40 Austral Amal 730 30 B.T. Index: 3671.17 3650.48 Sel Properties 620 15 Industrials: 464.08 462.18 Kramat 535 15 Finance: 831.25 831.15 Syn Resins S P Textile H Negara 210 146 215 12 12
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  • Article, Illustration
    142 1 Rises Indices Inch KK 1300 100 Jan 28 Jan 29 Castlefield 2200 100 B.T. Index: 5820.78 5823.76 Malakoff 430 50 Industrials: 506.76 505.65 M U Ind 540 30 Finarfce: 733.18 732.78 Sel Prop 630 25 Hotels: 324.48 323.58 Steamship 275 23 Properties: 325 51 327.87 Tronoh 1230 2
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  • 600 1  -  TO EXPAND EXPORT TRADE By RUTH CHENG ASEAN is exploring the possibility of a joint-ven-ture financial institution to expand export trade. The government-level Asean Committee on Banking and Finance has commissioned a study for a five-nation scheme to refinance trade bills and provide additional
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  • 307 1 THE trouble-ridden Unilite Electrical Industries is now negotiating with an American multi-national company in the lighting industry to form a joint venture for manufacturing lamps and related products. According to a company statement released by the Kuala Lumpur Stock Exchange (KLSE) yesterday, Unilite stated
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  • 412 1  -  By MARGARET THOMAS EMPLOYMENT agencies continue to be bound by a 20-year old ruling against the recruitment of Singaporeans for jobs outside the country. They are required, under rules drawn up in 1959, to seek the written permission of the Labour Minister before they
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  • 387 1  -  By TEO TECK WENG PR E-QUALIFICATION tender for excavation of the site of the proposed $900 million Raffles City is likely to be called for next month. The tender will be open to local companies and international firms from countries such- as Japan and the US. The
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  • 307 1 JARDINE Matheson Holdings (Singapore) Ltd, a wholly-owned subsidiary of the Hongkong Jardine conglomerate, will phase out another area of Its activities later this year. A company source yesterday confirmed that it will cease the operations of its associate company, Redland Jardine Industrial Servies
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  • 453 1  -  By LEE YOKE MENG A MAJOR breakthrough has been achieved for the Asean-Japan joint investment fund, with both sides agreeing to more immediate concrete steps towards its implementation. A communique issued at the end of a one-day study group meeting in Jakarta yesterday said that
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  • Page 1 Advertisements
    • 9 1 The MINOLTA EP 310 PPC does it all. Minolta
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    • 132 1 ASIA RESEARCH BULLETIN This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place m all important sectors o' 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
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    • 61 1 raijxi SHIPPING TIMES VOLVO plans manufacturing PLEASANT surprise from Perbase in Singapore 2 lis Plantations 11 SINGAPORE at doorstep of LUFTHANSA German Airlines industrial society? shelves plans 12 ITALIAN team here to establish IMF to discuss selling of g«ld business ties 9 holdings 12 AIRCRAFT 5, TV AND RADIO C,
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    • 2 1 Leader...Pige I
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    • 159 1 FOR PEOPLE WHO MATTER A Times Periodicals Publication RICOH Auto Printer26oo. The fully automatic printer with copier convenience. (2 copies per sec.) Now you can handle any offset printing or duplicating easily and economically-right in your office-with the complete Ricoh copy system. The electronic S-3 printer and the FE-2 autoprocessor
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  • TRADE AND INDUSTRY
    • 242 2 VOLVO, the Swedish motor-vehicle giant, intends to make use of Singapore as a manufacturing base for heavy earthmoving equipment for the South-east Asian market. At the unveiling of its 11-ton motor grader yesterday, the company also announced plans to produce another model through its subcontractor Richard
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    • 60 2 HERTZ Rent-a-Car has announced the apointment of Lynn A. Strouse (above) as vice-president and general manager for Asia and the Pacific. Mr Strouse, who joined Hertz in 1963, has held a number of management assignments in three continents. Based in Singapore, he will be responsible for Hertz's
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    • 211 2 HOTEL Tai-Pan has appointed Vlneent B H Lee. 33, as general manager. Mr Lee did a hotel management course in Los Angeles and received his practical training at Wilshire Hyatt House and the Sheraton West Hotel. He spent seven years with the Goodwood Group upon his return,
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    • 415 2 WIDESPREAD industry support for the 1980 International Catering Trade Fair was evident at a special meeting held in Sydney recently. Industry associations, forming the Supporting Bodies Committee, revealed plans to mount seminars and conferences to coincide with the exhibition, which will be held
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    • 178 2 THE NATIONAL Productivity Board and a local exhibition organiser. International Fair Promotion and Marketing Services, will organise an exhibition of the latest labour saving devices to be held in September. Called Automat 1980, the show, from Sep 10 to 13, will be held at
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    • 467 2 THE HANDLING of pulp bales and paper rolls in large unitised loads is on the increase because of higher labour costs, insistence on greater efficiency and the need to minimise damage. A Finnish company, Valmet, has long had a share in
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    • 17 2 One of the "What we see" series.
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    • 227 2 THE UNITED Overseas Bank group has become the second organisation in Singapore to win an international advertising award. Just like Singapore Airlines before it, the group has won a Clio award, the advertising industry's mark of excellence. The campaign, entitled "What we see" series, was used
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    • 642 2 COURSES AND TALKS Jan 21-Feb 11: Sales Management, National Productivity Board Town Centre, National Productivity Board Jan 28-Feb 8: How to Identify and Develop Management Potential in Your Organisation, NPB Town Training Centre, National Productivity Board Jan 31-Feb 1: Finance for Nonfinancial Managers, Hyatt Hotel, Price Waterhouse Feb
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  • Page 2 Advertisements
    • 175 2 9 w i J &\*Mf *A A-** &s. .-r S3PP ■S-*.,-~:}:£?L > af? gre :v.«* #?s <;-V> > Business Times is the most cost-effective medium vou can bu\ \our ad gets more bite in Business Times Everyday 30,000 people make it their business to read Business Times: local and expatriate
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  • REGIONAL
    • 309 3 Reuter UPI FORMER Japanese Foreign Mnister Sunao Sonoda will visit West Asia probably next month to try to ensure stable oil supplies, government sources in Tokyo said yesterday. Mr Sonoda, as Prime Minister Masayoshi Ohira's special envoy, is expected to visit Saudi
      Reuter; UPI  -  309 words
    • 193 3 AP AFP THE wife of former Chinese Premier Chou En-lai will lead a delegation of China's National Congress for an official visit to Thailand next week, a spokesman for the Chinese Embassy in Bangkok said yesterday. The spokesman said Mrs Chou and a five-member delegation
      AP; AFP  -  193 words
    • 111 3 AFP PRESIDENT Suharto yesterday received a Japanese economic mission to discuss trade and economic relations between Indonesia and Japan. The discussion mainly dealt with Japanese investment in Indonesia which Indonesian trade authorities regarded as giving no chance to Indonesian partners as sale representatives. The mission of
      AFP  -  111 words
    • 375 3 Agencies VIETNAMESE troops are moving closer to the Thai border preparatory to launching further artillery bombardments and sweeps against Khmer Rouge guerillas, the Thai Supreme Command said yesterday morning. "Our reports indicate movements in strength inside Kampuchea," Leutenant General Som Katapan, director
      Agencies  -  375 words
    • 227 3 AN estimated 24 million Filipinos troop to the polls today in the first local elections under seven years of martial rule by President Marcos amid government warnings against communist and Muslim guerilla terrorism. Mr Marcos had earlier warned against alleged threats posed by the
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    • THE REGION IN BRIEF
      • 489 3 Agencies JAPAN'S steel output in the first quarter of 1980 will total 27.98 million tons, down 470,000 tons from the last three months of 1979, the government reported yesterday. The figure represented a 0.8 per cent increase over the same quarter of 1978, said the Ministry
        Agencies  -  489 words
    • 108 3 Reuter HONGKONG has said it prefers Cathay Pacific if only one airline is to be allowed to compete with British Airways (BA) on passenger routes between the colony and London. Cathay Pacific, the British-owned and Hongkong-based airline, has wide experience in the Far East
      Reuter  -  108 words
    • 564 3 Reuter FRANCE and India have signed a cooperation package including an agreement to set up a giant aluminium complex with French financial and technical assistance. The complex in the Indian eastern state of Orissa, costing about US$l.2 billion, will have an annual production capacity of 218,000 tonnes,
      Reuter  -  564 words
    • 103 3 Reuter JAPAN'S Foreign Minister Saburo Okita yesterday acknowledged that US-Japan trade relations have come under renewed strains because of soaring sales of Japanese cars in the United States. He said the Japanese Embassy in Washington has warned government officials in Tokyo that the issue of Japanese
      Reuter  -  103 words
  • Page 3 Advertisements
    • 133 3 111 f I-> 1••I W1 111 I Richard Ellis C H Williams (Pte) Ltd Suite 2406 Shaw Centre. Scotts Road Singapore 0922 Telephone *****55 Telex RS ***** I would likq more information on the new Hongkong Bank Building. My card is enclosed. I am interested in about m 2 I
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  • RAW MATERIALS
    • 130 4 Reuter THE U.S. Commodity Futures Trading Commission will discuss today methods to improve regulation of foreign participants in US commodity futures markets. A CFTC staff memo said foreign participants are not complying with CFTC reporting requirements, presenting market surveillance problems which are compounded when a foreign government, with
      Reuter  -  130 words
    • 157 4 CBT wheat futures closed eight cents to V* cent a bushel higher on Monday. Bull spreading by professionals and locals drove nearby wheat prices higher, traders said. The buying sprung from talk that China may be seeking US wheat and from reports that an exporter shipped several barges of
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    • 110 4 CBT soybean futures closed mostly higher on Monday, gaining up to 1V« cents a bushel but losing 1 3 4 cents in the deferred March. Large US soybean stocks reported on Friday by the Usda prompted early selling on Monday, traders said. But beans gradually moved higher in sympathy
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    • 156 4 CHINESE Pradaee Exchange, Singapore, ■••n eMig prices per pleal yesterday: CMwnt «U: Bulk $103 sellers, old drum $109 sellers, new drum $113 sellers. Oprm: Mixed (loose) UK/ Cont $63.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $342.50 sellers, Sarawak white fob 96% NLW $327.50 sellers, Sarawak special
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    • 258 4 THE SINGAPORE market closed higher with February One RSS buyers quoted at 344.00 cents per kilo, up five cents from Monday's close, dealers said. Morning prices were slightly higher on shortcovering interest, overseas arbitrage buying and reserve of sellers, they said. Afternoon prices continued to advance on covering demand,
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    • 341 4 R AS 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. 336.50 337.50N 342.00 343 00N Int. 1 R.S.S. February 338 50 339.50 344.00 345 00 Int. 1 R.S.S. March 345.50 346 50 351 00 352.00
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    • 115 4 NOON SSR and SMR p rwM vm tarda v HAS SSR 20 SSR SO MIILB (1 -ton (1-ton pallet) pallet) February (Correal Mtk) Bayer* Sailers 300.00 302.00N 297 00 299 00N Mareb (Forward Mtk) Buyer* Seller* 302.00 304.00N 299 00 301 OON SMR CV SMR L SMR
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    • 96 4 THE Straits tin price in Penang recovered Ms2s per picul to $2,18« yesterday, $231 abeve the International Ha Agreement ceiling, dealers said. Hie recovery was in reaction to Monday's (all, with the market (ailing to respond to London's weaker overnight close and prices bnoyed by lower tin metal
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    • 40 4 Rubber: Jan 29 Singapore: February: 344.00 cents (up 5.00 cents) Malaysia: February: 348.00 cents (up 4.00 cents) Tin: M 52,186 (up $25) (equivalent to $36.14 per kilo) (up 41 cents) Official offering: 193 tonnes (down 35 V* tonnes)
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    • 331 4 SINGAPORE: Yesterday's closing prices in Si 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.
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    • 138 4 THE MARKET in Kuala Lumpur continued firmer yesterday on covering ahead of today's holiday and reports of Pakistan inquiry for neutralised palm oil for February position, dealers said. Trading was thin and quiet with February position gaining M 522.50 to $1,147.50 per tonne in the north and the
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    • 185 4 PENINSULAR Malaysian crude palm oil production fell to 211,096 tonnes in October from 222,101 tonnes in September but was above the 185,596 tonnes in October a year earlier, preliminary statistics department figures show. This brought total production to 1.66 million tonnes for the first 10 months of
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    • 828 4 COCOA: Futures ended a short and lightly traded first call an average £3 up, having initially lost £3 against New York in near March. Dealers attributed the market's basic steadiness to lack of selling pressure, particularly from origins. Lower sterling may also have induced minor support, they added.
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    • 195 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Ottea yan: China Blue Phoenix 20s 2,310; 32s 2,840, 40s 3,030 (per bale of 400 lbs). Piece g—da: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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  • ASIAN STOCKS
    • 502 4 TOKYO Reuter SHARE prices closed higher in fairly active trading yesterday led by metals and defence-related issues, following President Carter's budget message, dealers said. The Dow Jones average rose 7.22 to close at 6,770.83, with volume of 820 million shares and the Tokyo Stock Exchange index closed
      Reuter  -  502 words
    • 380 4 Source: SHK Sec AN ERRATIC day's trading saw the index gain and lose 10 points several times as wild speculative trading saw the market seesawing throughout yesterday. Reports that the HK Bank takeover of Marine Midland Bank was about to go ahead prompted heavy buying of HK Bank and
      Source: SHK Sec  -  380 words
    • 437 4 DESPITE profit-taking, the Ali-ordinaries index edged ahead 4.47 points to another record high of 844.15 points yesterday, brokers said. Keen overseas support for selected Australian resource stocks was buoying the market, and Saudi Arabia's decision to raise light crude oil prices saw early gains across the oil sector. Among
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    • 223 4 JAN 29 BahLs Asia Credit 163 1 Asia Fibre Ml unch Ayulhaya Inv And Trust Bangkok Investment 149 -30 Bangkok Bank 300 unch Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia 143 unch Bank Of Ayudhaya Ltd 182 unch Bata Berli Jucker Carpel
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    • 87 4 THE TOKYO Stock Exchange said it has lowered the assessment rate of collateral securities to 60 per cent from 70 per cent, effective today. The measure has been taken following a sharp rise in the outstanding balance of buying in margin trading on the three major exchanges in
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    • 83 4 THIESS Holdings Ltd of Australia has agreed to sell all of its 3.6 million shares in Thiess Toyota Pty Ltd, a joint Australia-Japan truck sales venture, to Japan's Toyota Motor Co, Toyota said. The agreement on a full transfer costing about As 26 million has been signed after talks
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    • 53 4 FINANCIAL TIMES INDUSTRIALS Monday 453.6 Friday 452.4 Week ago 457.7 DOW JONES AVERAGE INDUSTRIALS Monday 878.50 Friday „..876 11 Week ago 872.78 H.K.HANG SENG Tuesday 936.83 Monday 926 06 Week ago 884.91 SYDNEY INDUSTRIALS Tuesday 622.45 Monday Closed Week ago 613.85 ALL ORDINARIES Tuesday 844.15 M onday Closed
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  • Page 4 Advertisements
    • 258 4 Chubb and Singapore 161 years of phenomenal growth mm.r i ,Wi *-»> .v i Z, t I V V4 i H > Ir (I A M««3 Klilfi Hlulv:,, «*l«'»»< l.V 1 -W I* #Stf .V tr Sf > a a: >KHr r J V rr The pursuit of advanced technology
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  • OVERSEAS
    • 708 5 ARRIVALS Service Local Operator Number Time From PAA PA005 0125 NYC SPO HKG TMA TL373 0530 BEY DXB KUL MAS MH601 0700 KUL MAS MH682 0710 KCH SIA SQ10I 0900 KUL MAS MH621 0920 PEN GIA GA944 1055 PKU GIA GA908 1100 MES UB UB231 1115 RGN
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    • 371 5 EGYPTIAN President Anwar Sadat has warned Saudi Arabia that it is playing "a dangerous game" in allowing Soviet aircraft through its airspace to supply arms to Moscow's ally of South Yemen. Mr Sadat questioned the wisdom of the move when "these weapons will be
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    • WORLD IN BRIEF
      • 392 5 Agencies THE BRITISH House of Lords Appeal Committee will decide tomorrow whether the Iron and Steel Trades Confederation, ISTC, should be given leave to appeal to the House of Lords over the ruling preventing them extending the British steel dispute to the industry's private sector, an ISTC spokesman
        Agencies  -  392 words
    • 312 5 AP PRODUCTIVITY of American business and workers fell 0.9 per cent last year, the second time since 1974 that a drop has been recorded for a full year. The Labour Department said economic output increased by 2.3 per cent last year, but paid
      AP  -  312 words
    • 490 5 Reuter THE conference of Lslamic foreign ministers yesterday declared Afghanistan's Soviet-backed government illegal and called for the immediate and unconditional withdrawal of Soviet troops. In an extremely tough reaction to the Soviet Union's military intervention in Afghanistan last month, the ministers from 36 countries suspended
      Reuter  -  490 words
    • 213 5 DEVELOPING countries face a balance of payments deficit of US$5O to $55 billion within two years, a senior United Nations official said. Mr Gamani Corea, secretary-general of the UN Conference on Trade and Development (Unctad), told a meeting in Geneva the international community had to strengthen
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    • 101 5 MR Abolhassan Bani-Sadr, winner of Iran's first presidential election, has indicated a possible solution to the crisis over the hostages held by militants in the US Embassy in Tehran. Mr Bani-sadr, 46, a French-trained economist now serving as Finance Minister, told Le Monde newspaper in
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  • Page 5 Advertisements
    • 624 5 me Japan anol Packaging Ma ri a^macK.nesandre>a»e a A P t «n J V r < i A flpon PACK I9M SfNTiAPOPfc wom.d iw/ioe centt?e rr ir 4 a "3> a w p gig M *f < Tt u if rv raw (HR m COMPANY NAME A EXHIBITS BOOTH NO
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  • 350 6 THE 20-year-old law requiring employment agencies to seek permission before recruiting workers for employment abroad must rank high among anachronisms from a period when it was felt that the ordinary man must be protected from rapacious labour brokers operating across international boundaries. The regulatory agencies must
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  • 221 6 IN deciding not to move to Singapore, Lufthansa Airlines is clearly keeping its options open on the question of eventually moving its regional office from Hongkong to a city in South-east Asia. This is a prerogative that any foreign investor will exercise in
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  • 1088 6  -  'GREEN REVOLUTION CRITICISED A startling view of the Green Revolution programme is given in a new book published by an international development body. Many Third World farmers who once used the genetic variety of their crops to eliminate diseases are now totally dependent on the Revolution's
    FT  -  1,088 words
  • 800 6  -  FORUM j with JOHN TAN FT MUST be obvious to many by now that the "restructured" economy which Singapore is aiming for and the "Post-industri-al" economy described by eminent Hudson Institute futurologist, Herman Kahn, bears little difference from one another. The Post-industrial era
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  • Page 6 Advertisements
    • 174 6 John Updike sets his striking new novel in fictional Kush, formerly known as Noire, a landlocked sub-Saharan country once controlled by France, now ruled by dictator Colonel Hakin Felix Ellellou. Ellellou, educated at McCarthy College in Wisconsin in the mid-50s is a Black Muslim. He travels about in a Mercedes
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  • Page 6 Miscellaneous
    • 1378 6 Speeches at PAP rally lOW cmm yes eajey being Ask Me aerw. tht. w— HOW cm yea eajey Mag aacemfertabler B*»<i rather ma—rhlslte, deeaat It? Flad Ht tke umer at (.35pm teaight, Chaaael 5, wbea the pregramme Hew it shewn. Ask Me series, this prepuuDe provides saranrs U the meet
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  • 1211 7  -  Beijing still the cheapest DAVID CHURCHILL THE METEORIC rise of the cost to the international businessman of staying in London is confirmed by the latest Financial Times survey of living costs for businessmen around the world. Four years ago London was 38th in the world rankings of
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  • Page 7 Advertisements
    • 142 7 ■The Times Heritage Collection r>i aa v;\\'^vv OVER2OO,OOO V ICOPIES HAVE BEEN SOLD] SINCE THE FIRST 2 TITLES II H. fhe Golden Carp k. /y'-iAvt T*«*» »U«ur <*•***• WERE LAUNCHED ON Il4th APR1L,1979.1 The Princess Veil r». TV'llfft X\%* ®S V* /v C Z rrf^ <\ < I PI. w
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 222 8 JAN 28 Kls ABN 293.00 unch Ahold 80 10 -2 4 Akzo 23 10 unch AMKV 101 JU 0 5 tain 118 00 unch Amro Bank 62 10 >0 1 Bergo.ss 40 f*) -15 Berk 92.00 -0.5 BoI.s 61 70 12 BofNuvnij 177 00 1.5 Burhmann nm -0.7 Byenkorf
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      • 288 8 JAN 28 Fr» 1'ORBKILI.E Air-I.iquide 507 5 B S N Gervais Danone 1038 38 C S K i Thom sonCsl> 555 16 l"ie Krancaise des Petroles ***** -45 ("ompagnie Financier? Coinpagnie OntraW 345 4 Credit Koncier IV trance 451 -2.5 Hachett* (Librairie)..... 233 50 2 Macnines Buii 68 35
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      • 89 8 JAN 1* Pn FORWARD MARKET Acer 337 12 Art*»d 2460 10 Astur 604 8 Brascan 590 -24 Bru-Lamb Canpac 1028 -4 lock 334 4 Df Brers Ebes 2205 -20 Electrobel 5000 -20 Gb-Inno-Bm 2440 45 Gev 916 2 Hobok 3000 -50 Pctro 5590 -60 Ryl Dutch 2310 10 Sidro
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      • 210 8 JAN 28 Dm Aeg-Telefunken 43.30 unch Akio 20 50 unch Allz Lcben ***** unch Alii Vers BASK 169 00 137 20B -5 Bay H T Wbunk 228 50 Bay Vbank Bayer BBC 262 00 123 30 ***** -1 03 unrh BMW I'asaella Chetn Verw I'ommerzbank Conti Gummi lUSO *****
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      • 188 8 JAN 28 Francs Actions Suisses 281 1 Alusuisae Br 1250 *10 Alusuisae Reg MO -X Brown Bovrrl Br 1800 ♦s Clba Gelgy Br 1195 -5 llba Gelgy PC 935 -5 Clba Geigy Rrf 674 -2 Credit Suuk Br 2400 10 Credit Suisse Reg 438 unch Elektrowatt Br 2200 15
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      • 106 8 JAN 28 Lire Anie Assoc Gen Butdfi Cenlrale 950 ***** 709 8*99 unch 360 95 259 M (insider Ofn Immob 92 SO 73 50 -05 3.5 IF1 Pri llalremenu 1 taigas Italslder 2530 ***** Z 248 50 30 100 -IS Magneli M Pf Marelll Ere Med lob Ml 372
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      • 1366 8 OIL, defence and corn sweetener issues led stock prices narrowly higher in heavy trading on Monday as the New York Stock Exchange composite index closed at a record high. The NYSE index of more than 1,500 common stocks closed about 65.90, topping the previous
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      • 216 8 JAN 28 Cf Hud Bay Mln Imp CM! as II 4 v u Abltlbi 22- Inco 31'• unch Alcan 65 1 Int Prov Pipe 19'. Aigoma 36". Si Int Uts 15'- l i Bank Mont 26 'ti Intl Nickel 31' unch Bank Nova Scotia 25'- V Kerr Add 17
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  • Page 8 Advertisements
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      710 words
    • 72 8 ODiILL Jay^cr, < on\. Soul lit ii Kclaviut; 8 >» fi V 1 Robin's Tavern. The place to go to, after work. To relax, and to enjoy your favourite drink. In a cosy, soothing t atmosphere with cool, JLij cool music provided by 1 a live group. Visit us at
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  • BANKING AND FINANCE
    • 956 9 EARNINGS of most of the major bank holding companies in the US climbed faster than the overall inflation rate last year in other words, registering a "real" increase in profit despite an income squeeze in the fourth quarter. At most of
      956 words
    • 574 9 THE international financial system faces a "decade of uncertainty" but should be able to cope with oil-produc-ing states' trade surpluses and avoid a serious worldwide recession, the former chief of the West German Central Bank said. Otmar Emminger said that four developments of 1979
      574 words
    • 144 9 THE office of the Comptroller of the Currency has granted national status to the Marine Midland Bank the 12th largest US bank thus clearing the way for its purchase by the Hong Kong and Shanghai Bank. The sales agreement calls for the Hong
      144 words
    • 94 9 MALAYSIAN gold and foreign exchange reserves fell to $8.70 billion on Jan 15, from $8.80 billion on Dec 31 and $8.71 billion on Dec 15, Bank Negara Malaysia said. Total assets fell to $10.86 billion at mid-Januaty from $10.97 billion at end-Decem-ber. Government securities fell to $734 million
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    • 139 9 ARAB banks proposed the issuing of Arab travellers' cheques at their third conference. It said that the proposed basic unit would be the "Arab dinar." The cheques would be issued in the various Arab monetary units used on international foreign-exchange markets. In this connection,
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    • 124 9 SALES of gold bars of the five, 50 and 100 gramme sizes at the Credit Suisse branch in Singapore will resume on Wednesday, a bank official said yesterday. Sales of these gold bars have, over the past week, far exceeded expectations and some
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    • 506 9  -  By RUTH CHENG A MISSION from Finmeccanica, one of Italy's largest state-owned companies is in Singapore to identify opportunities for establishing business relationships with local industries. This covers trade, technology exchange, common research projects or commercial joint-ventures. Their intention to establish themselves here is indicated also
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    • 186 9 MICHAEL Blumenthal, former Secretary of the Treasury and now chairman and chief executive officer designate of the Burroughs Corporation, has been elected to the boards of directors of Chemical New York Corporation and Chemical Bank, its principal subsidiary. Mr Blumenthal, 54, who has also been chief
      186 words
    • 305 9 THE Hong Kong and Shanghai Banking Corporation's merchant banking subsidiary, Wardley Ltd, ended 1979 with significant increases in both assets and profits. Total assets of the group nearly doubled to HK55.52 billion (from 52.94 billion) and net profits after tax
      305 words
    • MONEY AND EXCHANGE$
      • 511 9 THE U.S. dollar closed weaker against major currencies in yesterday's trading. Similarly, sterling, which was exceptionally steady until London came in, finished on an easier tone. Opening at 240.00/10 against the yen, the US dollar remained relatively steady until the Tokyo closing when the dollar slipped to 239.25/35.
        511 words
      • 100 9 THE U.S. dollar for overnight delivery closed weaker at 239.40 yen yesterday, compared with a 240.30 opening and 240.20 at Monday's close, dealers said. Trading was moderate, with volume at US$6lB million. After initial steadiness, reflecting overnight firmness abroad, the dollar fell back on selling by Japanese banks to
        100 words
      • 22 9 THE average rale at which major Singapore banks are currently prepared to lend to their best customers is 10.3 per cent.
        22 words
      • 148 9 Asian rates ASIAN currency deposit interbank rates as at close on Jan 29: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US DolUre(Spot) Offer Hid 14 13'» 151/16 14 15/16 14 7/16 14 5/16 14H 14 "k 14H 14 14H 14V, 14'. 14 >4
        148 words
      • 52 9 RANGE of prices offered by discount houses on Jan 29: Overnight: 6 Call deposits: 6' to 6*it Closiaf Buyiaf Seiiiac 3-month Treasury bills 6'. 6 s 3 month Bank bills 101/16 9 15/16 3 months CD 10 1 1 10 J 6 months CD 107/16 10 5/16 Source: National
        52 words
      • 243 9 JAN 28 Rand INDUSTRIALS A Alpha 2608 unrh -5 •10 unch -10 +10 Tig Uab Tongaat Trust Bk t n UMI OMHC Wool worth 1370 630 112 95 190 440 unrh unrh 7 4 unrh AE And CI AMIC R:irln*« Cg Sugar 560 2025 HftS 1040 MININGS
        243 words
      • 388 9 GOLD futures in Singapore closed generally firmer yesterday compared with overnight levels in light trading, dealers said. Trading was suspended for an hour yesterday morning as prices opened limitup across the board and thereafter the market fluctuated marginally throughout the session in line with trend in Hongkong, they said.
        388 words
      • 215 9 STERLING came under renewed early selling pressure after opening steady on Hongkong closing levels, while the dollar traded quietly on the sidelines. Dealers said sterling sentiment continues undermined by the four week old steel strike, which has now spread to the private sector despite an appeal court ruling against
        215 words
      • 169 9 STERLING recovered from its morning weakness towards the close here yesterday, being quoted at U552.2520/30 compared with the morning low of $2.2490, 00 brought about by early long liquidations on the continued lack of any sign of an end to the UK steelworkers strike, dealers said. They said morning
        169 words
      • 31 9 FRANKFURT exchanges opening quotes yesterday: US 1.7354/62 Stg 3.905/915 Can 1.4888/904 Dfl 90.48/58 Sfr 107.32/47 Lit 2.145 155 Ffr 42.70/80 Nkr 35.44/48 Bfr con 6.153/163 Bfr fin 6,002/012 Yen 0.7269/78
        31 words
  • Page 9 Advertisements
    • 58 9 P Xa> L. oo^e toro f-«ii Q° aX ™tt*P« ieT ,~*a\ d VS** P sS SCW° 0 A n W 'lo<> rseS t o\ea^ c"VV3 u Q a\"V\S" (i Q)OX /~r»v\vses \parO tS\\ rovi**® OlloV-* C t \oo. \|VA >e**\ e s\vjd ,eS ,vA i P>a* a aeS* 51 «t\o^
      58 words
    • 88 9 SR. EXPLORATION GEOPHYSICISTS We need two senior geophysicists to work in Jakarta, Indonesia. Successful applicants must have a minimum of eight years experience, four of which should be in interpretation. Primary responsibility wiH be to interpret seismic data and develop driHabte prospects. Additional duties will include supervision of seismic operations,
      88 words

  • 2096 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 (2648
    2,096 words
  • 155 10 SINGAPORE UNIT TRUST S pore Growth Fund 1.28'/ 1.34>< prim i far Jw Ml INCOME BOND UNIT The Commerce 2.38 2.53 (Carnal prtoea) The Saving Fund 1.53 1.(2 Income Bond 1.19 126 S pore Prog Fund 106 1.12 S pore Sec Fund 1.86 197 S pore Invest Fund
    155 words
  • 2821 10 This Year High Low Company Last Sale orGr'a Div Div C'vr Gr'a Y'ld Net P/E Vol COOO) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 264 223 14# 180 276 74 Hi 255 396 215 380 207 Acma 123* Alcom 110 Allied Choc 133 BAT 255 Bata 57H
    2,821 words
  • 2170 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 Aleam (2 15S) (3) 2.15 A On (1 28B) xd A
    2,170 words
  • 797 10 PRICES softened on profit taking at the Stock Exchange of Singapore yesterday following sharp rises during the previous two sessions. Opening at around overnight levels, hlae chips generally retreated mildly In early trading, shaving a few cents off Monday's magnificent gains. Bat against a
    797 words
  • 552 10 THE Kuala Lumpur stock market weathered heavy profit-taking to close on a mixed to slightly easier note yesterday. Trading remained active. It was inevitable that profit-takers made their presence felt on the trading floor after two consecutive sessions of strong gains, a dealer said. But
    552 words

  • COMPANY NEWS
    • 506 11  -  By KOH TSE YING THE strong 38 per cent advance in consolidated aftertax profits at Perlis Plantations must have come as a pleasant surprise to shareholders. The company had been expecting little more than the previous year's net earnings of $14.14 million, with
      506 words
    • 287 11 Current Payment Ex Date Books Close Date Payable Total for Total for the year Previous year C A C Berjuntai D Keramat Utd Plant CC M Allied Choc U M Flour Times Pub S T P (1975) N S Times M L Ind Kulim Maia SEAL A Moiek
      287 words
    • 111 11 Company Particular* Ex Date Book* 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
      111 words
    • LATEST RESULT
      • 70 11 has reported a pre-tax profit of M 58.06 million for the halfyear ended Nov 30, 1979 as compared with a loss of $1.79 million in the previous period. The company said that "in view of the highly cyclical nature of the business and the severity of the
        70 words
    • 622 11 THE ESTIMATED output of tin in Malaysia last year should have reached 64,000 tonnes metal content, an increase of 21.55 per cent over the 1978 figure of 62,650 tonnes. Reviewing the tin market last year, the Straits Trading Company said shipments of refined tin from Penang,
      622 words
    • 181 11 Date Last Fall Year Company Period Announced Net EPS Gross Pre-tax last year (cents) Dlv. Profit 1/12 <%) <$Hi) BATS F 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 Nat Iron F 7/2 57.8 17.9 37,679 F E Le'ston
      181 words
    • 324 11 IN LINE with its sharply higher profits. South Pacific Textile Industries (SPTI) has announced increased dividend payments for its shareholders for the year ended Sep 30, 1979 Directors of the integrated textile manufacturing group have recommended a final dividend of 10 per cent, comprising
      324 words
    • 742 11 by HOCK LOCK SIEW WITH the strong rise in values seen in a wide variety of stocks since the" current market rally began in earnest early last month, it has become quite a task to search for a quality low-priced stock that has hardly moved
      by HOCK LOCK SIEW  -  742 words
    • 39 11 and two related compa- nies, Loytape and Perak Carbide Corporation have announced that Mr Low Cheng Khong has resigned as joint secretary of the three companies. Mr Leong Keng Yuen has been appointed in his place.
      39 words
    • 27 11 10.5 per cent Mortgage Debenture stock 1981, final redemption, $3.1 million stockholders are required to surrender their stock certificates for cancellation by Feb 25.
      27 words
    • 45 11 have approved all the resolutions proposed at the company's EOGM on Jan 16. A statement from the company said that at the meeting of stockholders convened at the direction of the High Court, approval was given for the Scheme of Arrangement.
      45 words
    • 34 11 has advised members that an additional 125,000 shares of Biirfir Raya Developments arising out of the company's acquisition of Permas Jaya Sdn will be granted a listing and quotation on Jan 31.
      34 words
    • 27 11 has proposed a final dividend of 20 per cent gross and a bonus dividend of 5 per cent gross payable on Feb 25.
      27 words
  • Page 11 Advertisements
    • 256 11 ■kfiA,. >! I' O* c hvjmnc* Jou< 73 r ksta 0 Tne \U \ps^ SETH e <7* i. .X 7/// Was Chairman Mao a secret communist? Is America in danger of going capitalist? Do airlines discriminate in favor of baggage? Are you suffering from trans-galactic schizophrenia? Is the Abominable Snowman
      256 words

  • 366 12  -  By MARGARET THOMAS LUFTHANSA German Airlines has temporarily shelved plans for a possible relocation of its Far East and Australasia regional office in Singapore. It seriously considered moving this office from Hongkong to Singapore last year when operating costs, especially rents, in the British colony seemed locked
    366 words
  • 259 12 UPI SOME 16,000 steel workers yesterday shut down all but one of Britain's 43 privately owned steel mills in defiance of an order from England's highest judicial court. But the union, the Iron and Steel Trades Confederation, is likely to stop the walkout called
    UPI  -  259 words
  • 121 12 TELECOMS will introduce the international direct dialling (IDD) service to Paraguay and Swaziland and the number-to-number service to Mariana Island from Feb 1. The IDD and number-to-number service was also introduced to Brunei on Jan 25 together with a number-to-number service to Paraguay. The charge for an
    121 words
  • 536 12 Reuter SENATOR Edward Kennedy, fighting for survival in the race for the Democratic presidential nomination, has mounted a scathing assault on President Carter's foreign and domestic policies. On Monday, he discarded any restraints he had previously shown in criticising US foreign policy, ridiculing Mr Carter's handling of
    Reuter; AP photo  -  536 words
  • 344 12 TWO new coin issues, the 1960 Uncirculated HO Nickel Coin and the $50 Uncirculated Silver Coin, will be released in February by the Board of Commissioners of Currency to usher in the Chinese New Year. The $10 coin will be released on Feb 6 and the $50
    344 words
  • 779 12 LONDON. Tues. Tfce market closed firm after a moderately active session today. At 3 p.m., the Financial Times index was up 7.9 points at 461.5. Dealers said news of oil price rises by some Opec countries prompted selective demand in oil-related stocks, which spilled over into other issues
    779 words
  • 129 12 AFP FRENCH President Valery Giscard d'Estaing said he is preparing a new twopronged initiative aimed at restoring monetary stability and unblocking NorthSouth development talks. Mr Giscard d'Estaing, winding up a five-day official visit to India, yesterday told a lunch gathering in Bombay that France's coming
    AFP  -  129 words
  • 349 12 Reuter THE late rim Committee sf the luteraatieaal Monetary Food (IMF) will diieui a plan to sell mom of Its geld holdings to boost the proposed sabstl tattoo account at a meeting to be held la Hamburg oa April 84, official Japanese
    Reuter  -  349 words
  • 253 12 KUWAIT'S Oil Minister yesterday announced a US$2 increase in Kuwait's crude oil price, to U5527.50 per barrel. The Minister, Sheik Ali Khalifa A 1 Sabah, said the increase will be retroactive to Jan 1. He added this was "in conformity with the principle of
    253 words
  • 126 12 MALAYSIAN Foreign Minister Tengku Ahmad Rithauddeen said yesterday that he would recommend to the government the boycott of the Moscow Olympics this year in line with the decision of the special meeting of Islamic foreign ministers in Islamabad. He said the boycott was decided by the entire bloc
    126 words
  • Page 12 Advertisements
  • Page 12 Miscellaneous
    • 60 12 ;WEAT:HER Outlook for Singapore from 6 a.m. to 1 p.m. today: Generally fair. Report tor 24 hMura prtor to 7JI pan. on Ju 29 at the airport. Maximum temperature 32.9 Associated humidity 56 Minimum temperature 33.5 Associated humidity 98 Hours of sunshine 10.20 Rainfall in millimetres Nil Total rainfall for
      60 words

  • SHIPPING TIMES
    • PORTSISES
      • 35 13 AP REGULAR monthly shipping service between Shanghai and Portland, Oregon, began on Monday with the departure of the Chinese freighter Rongcheng carrying 18,000 tons of miscellaneous cargo, the Workers' Daily reported on Tuesday.
        AP  -  35 words
      • 70 13 Reuter ISHIKAWAJIMA-Harima Heavy Industries Ltd (IHI) declined comment on a local press report that it received orders for four medium-sized tankers from Singapore and Greek owners. The newspaper Nihon Kogyo said Neptune Orient Line of Singapore had ordered two 85,000 dwt tankers for delivery in March and
        Reuter  -  70 words
      • 84 13 AP A 48-HOUR general strike called by the National Council of Workers began on Monday, paralysing the Panamanian ports of Colon, Cristobal and Balboa, television reports said. There was no word how the strike affected ships seeking to transit the Panama Canal. In the capital, the strike
        AP  -  84 words
      • 52 13 Reuter AP MOELLER A/S has placed orders with Nakskov A/S for the construction of three 10,000 dwt product tankers for a total of 360 million crowns, a Moeller spokesman said. This brings its total orders with Danish shipyards to 20 vessels, worth about three billion crowns, he
        Reuter  -  52 words
    • 583 13  -  By G DURAIRAJ PENANG Port Commission's (PPC) first vegetable oil tanker pier which will provide specialised facility to handle bulk vegetable oil is expected to be operational by April. The pier is south of Butterworth wharves. Completed last year, the pier
      583 words
    • 588 13 Shipping Line Page C«l Shipping Line CM Adriatic IV 5 DSR VI 3 Afea VI 3 EAC Lines n 4/5 Alfred CTS IV 5 East Malaysia VI 4 Alltrans VI 5 Egyptian Int'l vm 1 Alpac VI 5 Eilat VI 5 Angkutan VI 4 Elma ra 4/5
      588 words
    • 796 14 Lloyds List. THE OPEN registries wrangle within the United Nations Conference on Trade and Development is hogging the limelight on the international maritime stage. Behind the scenes, however, a scheme of equal if not greater long-term significance for the shipping industry is beginning to take
      Lloyds List.  -  796 words
    • 283 14 SALES «I second-hand tonnage realised jut ever $7 billion last year a huge M per eeat Increase ever 1178, according to Loudon skip* brokers Lambert Brothers. As a whole, IV!» is characterised as "a curious year In some respects". Volume of sales op 11 per cent overall
      283 words
    • 1000 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
      1,000 words
    • 1327 14 THE market opened the week on a moderately active note but there was little change in rate levels. Grain shippers covered cargoes from the US North Pacific to Japan at $19 fio for Feb, from the US Gulf to Constanza at $24 FIO for end Feb and from
      1,327 words
    • 1198 15 EXAGGERATED LDC THREAT Fairplay THE 1980s will close a period which many consider the most difficult for world shipping in the postwar period. Not only have the 1970s been the most difficult years for the industry. They have also been a period
      Fairplay  -  1,198 words
    • 381 15 AP US LONGSHOREMEN ea Monday vowed they weald defy ma arbitrator's erder that waterfroat onieas la New Orleaas part call off their beycett of cargo aad ships baaad far Baasla. It was the first teat ef the boycott by joagsboremca aa the eastern aad galf eaaats whe
      AP  -  381 words
    • Article, Illustration
      557 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Adhiguna Pratama (0700 after Keiyo Maru) 10/11 Boswick (0700 alongside Kurushio Maru) 42/43 Centaur (Passenger) (0700 Must vacate not later than 0600/ 31st) 46 Fujiaki Maru (Tanker) (after Ithaki Sailor P/O Subject gas free) 14 Meliton (0900) 3/4 Perlis (0600) 20 East
      557 words
    • 4102 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
      4,102 words
    • 786 20 AFP A FURTHER small recovery in rates was noted on the freight market last week. Confidence was helped because the anticipated flood of unemployed Soviet-char-tered shipping failed to appear following the US longshoremen's ban on handling such vessels. Certain of these vessels have
      AFP  -  786 words
    • 369 20 AFP LONDON Underwriters are refusing to compensate the owners of the Liberian super-oil tanker Salem (215,000 tonnes), shipwrecked 13 days ago in the Atlantic off the coast of Senegal, insurance sources said in London on Monday. The vessel and its cargo of 193,000 tonnes of crude oil
      AFP  -  369 words
    • 231 20 OFFSHORE Sooth-east Asia Conference and Exhibition Feb 26-29, 1980, Singapore. Contact: Offshore SEA, 6-E Mt Sophia, Singapore 0923. Oceaaology International '81 Conference and Exhibition March 2-7, 1980, Brighton, UK. Petroleum Geology of the Continental Shelf of Northwest Europe March 4-6, 1980, London. An international conference organised by the
      231 words
    • 276 20 UPI THE US Coast Guard cutter Blackthorn collided with a tanker on Monday night and sank in the riptides at the mouth of Tampa Bay. The coast guard said about half the Blackthorn's 53-man crew was missing. Nearly two hours after the collision, 27 crewmen
      UPI  -  276 words
    • 161 20 AFP THE captains of three Taiwan fishing boats have been arrested on charge of allegedly poaching coral near the Ogasawara Islands south-west of Tokyo, Maritime Safety Authorities reported yesterday. They were also questioning 37 crewmen of five Taiwanese ships and seized 55.3 kilograms of coral
      AFP  -  161 words
    • 225 20 THE tanker market is now suffering from the huge programme of stocking-up which took place prior to the turn of the year, and rates were generally easier this week owing to the overabundance of tonnage available and the limited number of cargoes wanted.
      225 words
    • 1546 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A-B Adriatic Container Container Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK/PN). Alfred C. Toepfer Intermodal (S)/ Marintex Enterprise (PK). Alfred C. Toepfer Schlffahrt New
      1,546 words
  • Page 13 Advertisements
    • 473 13 Everett Lines I KM TNI MOST FKEQUCNT SAILINGS TO BANGKOK HONGKONG •JAPAN PUSAN Ev«r«tt Steamship Corpn. 8/A i S "qop. 'r 9 JO tW©C»- S"W< f»nono )6 >0) OC SC 9-Oj j!44~ 3 Po«» (rond SOCS-.IP CO §Mp v jjyy2" a .1 R 1)1 NI I AH m wF? <<
      473 words
    • 357 13 ifSI SEALORI) Uk| ANTAH H UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF WEEKLY MULTI PURPOSE SERVICES FULLY CONTAINERISED SERVICE Loading for Abu Dhabi (18/2). Bahrain (20/2). Mma Qaboos (22/2), Doha (24/2) Dubai (17/2). Dammam (19/2), Kuwait (21/2), Abu Dhabi (23/2). Bahrain (25/2). Mma Qaboos (27/2) Dubai (9/3). Oammam (11/3),
      357 words
    • 113 13 NOL NEPTUNE ORIENT UNES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE Containers Fentered to/from F'stowe Wso accepting cargo to/from Scandmavia MERCATOR S pore Ctai* Times: FCL Cargo LCI Cargo 2100 2/2 0900 2/2 P.Kaian Smiipu, C. CONTAKR Safed 3/2 5/2 S S Sated 1/2 10/2 to Port 15/2 17/2 N CORAI
      113 words
    • 689 13 ngn-MMEs EUROPE/FAR EAST SERVICE See Page VI Column 3 for Sailings Agents SINGAPORE SHIPPING AGENCIESPTE LTD MARKETING 9)1122 GENERAL *****1 W Msu EURO ASIA LINE SDN BHD KL *****7• P KLANG *****1'3 PENENG *****/2 HMDS MAERSK LINE I- -r-i f.P E3EH era Lrraacni Mother Vessel AMOS tWrr 10-11/2 11-12/2 16-17/2
      689 words

  • Page 14 Advertisements
    • 510 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG v V—. -i. V* /M, MALAYSIAN t^TERNATIONAL SHPHNG CORPORA HON BCRHAD Contanwr Serwct To Europe Feeder •PKel»ng Vessel Spore 1) Mseilles 2) Rdam 3) H'burg 4) GDurg HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 from Europe
      510 words
    • 222 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA FlMaa MU IttTOK I CM Mm in* CM hm IM Mm SL Ma R Ort MJKTIBB 3-5/2 79/2 1-2/2 2S/3 31/3 3/4 4/4 6/4 8/4 10/4 11/4 19/4 22/4 MHI MM *10/2 17-11/2 17/3 22/3 24/2 25/3
      222 words

  • Page 15 Advertisements
    • 775 15 Overseas Containers Limited Weekly service to/from UK/Europe OCL STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTARCBW service TO UK/ ContainenNp Service To/From Bangkok S'pwt PKeAlg 4 Feb 10 FA 12 FA II FA 20 FA 23 FA 25 FA 1 Mar Liverpool Bey TAy* Bay 12 FA
      775 words
    • 487 15 c.m.c.r. AR F AST F WF H SF «Vl< r o* mED C'iuß Spore P Keiar* Blom K wte Genoa Trieste W M Part 14 F«t It fit II Fat 25 Fat WESS 0 Fat II FA 24 Fat XFA 27 Fat 4 Mar U UFA UFA Site 7 Mar
      487 words

  • Page 16 Advertisements
    • 647 16 u Hapag-Lkyyd FULLY CONTUCIKSCD TO EUROPE EXPRESS CONVENTIONAL TO EUROPE S port f Kciang Pm Bfeao Genoa H'bwj Bremen Rdam Antwerp HUtthtm 8 2 10 2 7/3 19/3 16/3 9/3 RuessehAean J/2 19 2 23/? 16/3 28 2 27/3 25/3 22/3 20/3 tngefteni 2/3 25/3 28/3 30/3 2/4 4/4 FUIIV
      647 words
    • 641 16 VEGA 145W VEGA 146E ALTAR 1491 V ALTAR 150E LINE KOREA SHIPPING CORPN P. KeUn| 16/ IS Feb STORE 12/15 Feb 16/18 Feb 12/15 Feb FM BUSAN BANGKOK 16/18 Feb 12/15 Feb TO BUSAN 6/9 Mar 10/13 Mar FM BUSAN BANGKOK 6/9 Mar 10/13 Mar TO BUSAN PFNANG CALL SUBJECT
      641 words
    • 424 16 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTHG CARGO FOR HAMBURG FELIXSTOWE ROTTERDAM ANTWERP LE HAVRE ALSO ACCEPTWG CARGO FOR UNITED KHGOOM SOUTHAMPTON. LONOON. MANCHESTER. BIRMINGHAM BRISTOL. LIVERPOOL GLASGOW. LEEDS WEST GERMANY BREMCRHAVfN HOLLAND AMSTERDAM Spat Hantot| fatutm tottadax Antwerp It Havte C'f Victory Heto 20 Feb 21 fed
      424 words
    • 1011 16 UVI m Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON mASHwtGuwm* (Obdiom HCM (Dsdurfni PA AN a*) 31/2 FM 2/5 FM 7/1 FM B F S S C Agents m Motoywa TiPS MALAYSIA Port Kelong Tel<3B>-7355 Peoong Tel *****/***** ||L/vf Compania Argentina Oe Na vagacio n Intercontinental
      1,011 words
    • 626 16 ISXO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD. Il 131 SANKYO LINE AUSTRALIA SERVICE MAY SKY MAY CARP.. In Port 13/15 Feb Saied 10/12 Feb Load* tor: HOS, SYD. ktL SYD. Ma. ADEL SAVANNA STAR KITI SAMUT OHM I* A MARU PALM GENRM AGENTS CONT AMI BOOKMC SUB AfiEHTS P XEI AUG
      626 words

  • Page 17 Advertisements
    • 806 17 L PIL GROUP EAST AFRICA/REDSEA SERVICE s*( apart P ft(ian( HOT* SENTOSA 11/15 March ROT* CMTR 15/20 FA Daiessalaam Mombasa teddafv Hodeidati Port Sudan Daiessalaam Mombasa Hodeidah leddah Port Sedan KOI* MY* koi* sentosa COLOMBO/KARACHI/P. GULF SERVICE KOTA RATI) 21/3 Mv Colombo. Karachi. Muscat KOTA TMUR KOTA MAWAR KOTA BEXAN
      806 words
    • 1041 17 LPfc BEN LINE CONTAINERi. EXPRESS COH7WO SERVICE TO/FWM EUROPE 10 EUROPE S port P Manj •ww 4n Utarpaal lay 11/2 T«*r» Bay 12/2 Cardan Bay l«/ 2 20/2 lata Eiprtss 2J/2 25/2 «y EdMwf* 1/3 7/3 9/3 Bremen (jprtss 11/J Mm Mara l«/ 3 Ha«|»en| Eipreti 11/3 •"Wto a/3 21/3
      1,041 words
    • 321 17 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SER P I'l.Tli»]I: 1) C bwt 7) H'har| l« 4) It 4a* 5) LaH i) Vmlb^ »/2 7/2 11/2 14/2 UM IM SM k Pert 31/1 S/2 |l«/r 20/2 1/2 1/2 4/2 4/2 7/2 12/2 I 1/3 27/2 1/2 10/2 11/2 IJ/2 14/2 19/2
      321 words
    • 673 17 yr rage t BOUSTEAD SHIPPING AGENCIES (New Orleans, Mobfle, Houston, Galveston) Sincapore P. Kdanf Kuantan US Gdt mason lyres t k»<h). Gdn 15/30 1m (Mar LOUSE LYRES (dsdi I loads). 23/25 Feb U.S. WEST COAST SERVICE (Seattle, Tacoma, Vancouver 8.C., Portland, Lonfview, Longbeach, Los Angeles, San Francisco) S'pore PJ(dan( Penanf
      673 words

  • Page 18 Advertisements
    • 716 18 K LINE KAWASAKI KISEN KAISHA. LTD TO NORTH AMERICA E *fer leedtr mud aba jtaiaMe on request Cargoes ah* acceptable tor Oakland. Vatican**. Portland. Houston. Galveston. New Orleans Boston. St Mn. PNadepha Wwtofc Baftmort Savannah lacksonvle (accepbng car|oes to Scandnana na Hamtw|) FROM EUROPE TO FAR EAST Vessels cal HT*»|.
      716 words
    • 564 18 E.C./GREAT LAKES SERVICE IOADMG FW: NEW TOM. NORFOLK MONTHU TORONTO. ASHTAMLA Pnun» Stinm f Kctanf S«t«XHt CALIFORNIA/PACIFIC NORTH WEST SERVICE Im*« tar. LOS ANGELES. SAM FRANCISCO. SEATTLE, TACOMA VANCOUVER B C EXPRESS CONTAINER/CONVENTIONAL/ REEFER SERVICE PenjM P Atttn* L. A »F* IMb 271 AUSTRALIA SERVICE LOAMS FOR Srd Mel Met
      564 words
    • 590 18 S 3 A (>roup SINGAPORE SHIPPING AGENCIES PTE. LTD 20TM FIOOH OCEAN BUILDING SINGAPORE 1 MARKETING *****2 (3 LINES) GENERAL 91 )111 (14 LINESt TELE* RS 2459S RS 2SS6B A B CARSHIP CABL E CARGOSMIP lITffHI Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK TURQUOISE BOUNTY TIKQUOQE BOUNTY TIRQUOISE BOUNTY TURQUOBE
      590 words
    • 647 18 GRANARD LINE RED SEA/MEDITERRANEAN SERVICE S'pare P Ktiang Penang loadh{ tar M V MANSMGV 3SN In Port M.V MAN OCON6 V.3M 27 Fob M V MAN FUNG V.37N 20 Mar ACCEPTMG CONTMCR CMGO fa OltT M V MAN CHEONG *2* Jeddah/P Said/Beirut Aleiandria P Said Alexandria Beirut P Said/Aleiandria/Beirut/ Busan/Hong
      647 words
    • 484 18 > INTRASEA (PTE) LTD. Faber House. 234E Orchard Road Singapore 9 Telephone *****11^*****57 £5 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'pare P. Kdanf Penanf Loadi* for: SOMDNB69 Saled In Port NANTES/UK (AVON) ROTTERDAM TOTS NB7O 9 Feb 13 Fob NANTES/UK (AVON) ROTTEROAAI Agents: Seaport WTRASEA (PTE) LTD *****11 BOOKMG
      484 words

  • Page 19 Advertisements
    • 172 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 I IRS ICCU CONTAINER lIU fleet (25
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    • 312 19 GARWARE SHIPPING CORPN. LTD. FOR BOMMf SHGAPORE P KELANG RISHI VALMKI 20/22 FEB (■DUN FLAG-BULT IMS) RISHI VBHWAMTRA 19/21 MAR (MUM FUG-BULT 1§70) Fa CONTMOS ACCEPTABLE SH6APORE: STRAITS SHTSERVICES (PTE) LTD., TEL: *****61/2, *****98 P. KELANG: PSD SHPPMG SDN. BHD., TEL: *****1-5 SOUTH INDIA SHIPPING CORPORATION LTO mm, FOR MUSCAT,
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    • 282 19 ANHSING OVERSEAS LINE REGULAR SEM CONTMO/taa SERVICE IKm p Pewni Loadwis tor UNWI BOSTON 14/ IS Feb l*klih umiiCAKmui 18/19 Feb ZZ* 0 ager Ifiarine oorp, TMHM/STMm/TMMN EJCHtfSS UD SERVICE S port loadtag tar KOWIOON VOYAGER VOVII 2/4 feb Hont Hong STRONGWILL ENTERPRISE (PTE) Ltd PERKAPALAN LAUTAN BIRU Regular Service
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    • 63 19 CLEAN OIL TANKER available for PURCHASE or TIME CHARTER can carry three grades SDWT: 2227.30 Draft: 5,295 m Dimension: L.O.A. 78.85 m Breadth 11.70 m Depth 5.85 m GRT: 1491 NRT: 695 Built: 1961 Classification: N.K. Main Engine: Kinoshita 1600 BHP 230 RPM Special Survey Passed: May 1979 Cmtact SIM
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  • Page 20 Advertisements
    • 205 20 4J EGYPTIAN IhJTfD Ki A TiriKJ A I I ikJC /Cll 1 INTERNATIONAL LINE (Ell) EGYPTIAN FLAG FROM EGYPT ALEXANDRIA SINGAPORE NLE U Feb 1 Feb 16 PYRAMDS U Feb 28 Mar 16 I GtNfRAI HGFNTS L N SHIPPING PTE LTD Ifl ??0441l SINGAPORh T| t RS? 10! SUB AGtNTS
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    • 273 20 ZIK INTERNATIONAL FREIGHTWAYS PTE LTD HK/lAPAN SERVICE POM* wm FUNG REEFER SERVICE TO JAPAN rasa spoke ra KAISEI MARU tn Port PJKLMS VOK 2 Feb Loading (or Bangkok. Kobe/Yokohama VESSEL TO IBOiE EAST Kobe/Yokohama P.KLA* STORE HOT* Will In Port Loading (or Muscat Basra* rmw P.GUOMS STOK WNG WWtG In
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  • Page 20 Miscellaneous
    • 170 20 Ti 3 i < h^ X 2 i a <vj I C' 4 t < < Ci 2 r JTi o< LLW Direction of movement (3*" B indicated by arrow and speed in knots. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: (5) Centre of Tropical Depression,
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