The Business Times, 31 January 1980

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 110/1/80 THURSDAY, JANUARY 31, 1981 50 CENTS
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  • BRIEFLY...
    • 51 1 UPI BANGKOK, Wed. Vietnam threw thousands of troops into pincer attacks against two major Khmer Rouge guerilla stroungholds along the Thai-Kampuchean today in the most intense fighting of the new year. Western military analysts said the fighting was heaviest around Phnom Malai, about 20 km south of Poipet.
      UPI  -  51 words
    • 74 1 Reuter HONGKONG, Wed. The current year is expected to be a year of modest achievement for the Hongkong economy with the gross domestic product forecast to grow by about 8 per cent in real terms compared with 12.3 per cent last year, Citibank said in its economic
      Reuter  -  74 words
    • 91 1 Reuter ZURICH, Wed. Credit Suisse is to launch a 100 million Swiss franc 11-year floating rate bond, with a minimum coupon of 3 per cent and a maximum of eight, the first floater ever launched on the Swiss domestic capital market, banking sources said. The issue will be
      Reuter  -  91 words
    • 66 1 AP Reuter LONDON, Wed. The afternoon gold fixing here of U*****.00 an ounce was down from $703.50 at the morning fixing, but up from $674.25 at yesterday afternoon's fixing. In HONGKONG, the international gold price closed firmer at $718/28 an ounce, compared with the New York
      AP; Reuter  -  66 words
    • 75 1 AFP TOKYO, Wed. Texas Instruments Inc of the United States has informally placed orders with Toshiba Corp of Tokyo for a huge supply of largescale integrations (LSI) for desk-top electronic calculators, the Kyodo News Service reported. Quoting electronic industry sources, it said a formal agreement on the
      AFP  -  75 words
    • 43 1 AP BUENOS AIRES, Wed. A Soviet trade mission has arrived hese to purchase Argentine grain through private exporters following the decision by the military government not to join the grain embargo against the Soviet Union sponsored by President Carter. AP
      AP  -  43 words
    • 79 1 Reuter BEIJING, Wed. Norway has offered China a US$lOO million line of credit which is expected to be used mainly to buy shipping and offshore oil drilling equipment, Norwegian Deputy Minister of Commerce and Shipping Per Martin Olberg said today. Mr Olberg, who arrived here on Monday,
      Reuter  -  79 words
    • 50 1 AFP HONGKONG, Wed. A leading banker here favours the setting up of a gold futures market in Hongkong. Chief manager of Chartered Bank, Mr William Brown, said this today but he added that such a move should wait until the world's bullion markets have settled down. AFP
      AFP  -  50 words
    • 72 1 AP NEW YORK, Wed. Stock prices were mostly higher this morning. The Dow Jones average of 30 industrials was off 0.08 points at 874.32 in the first half hour. But the average would have shown a slight gain had it not been for a 60-cent ex-dividend, or payout
      AP  -  72 words
  • 182 1 Rises Indices Malayan Tin 2800 440 > Sthn Kinta 1010 120 Jan 29 Jan 30 Sel Properties 675 55 B.T.Index: 3650.48 3710.94 Benta Island Pen 500 500 52 52 50 Industrials: 462.18 466.96 M U 1 560 Finance: 831.15 841.31 G E Life 1150 30 Hotels: 415.96
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  • 864 1  -  WARNING ON PANEL VANS By TEO TECK WENG A NEW STATUTORY board will soon be formed to look into the proposed Mass Rapid Transit system for Singapore, Communications Minister Ong Teng Cheong disclosed last night. In the same speech, he sounded a warning on
    864 words
  • 193 1 THE US$l5 million floating rate negotiable certificate 'Of deposit (FRCD) issued last week by the Singapore branch of the Industrial Bank of Japan (IBJ) has been increased to $20 million. Following the closing of the issue on Jan 29, DBSDaiwa Securities International Ltd, the lead-man-ager of the
    193 words
  • 409 1 MAJOR ship repairer Sembawang Shipyard yesterday surprised market analysts with record profits which easily surpassed their most optimistic projections. For the year ended Dec 31, 1979, the company turned in a spectacular pre-tax profit of 150.15 million compared with $27.35 million in the previous year. Based
    409 words
  • 227 1  -  By LINDA TAN SINGAPORE may soon be included in a world econometric forecasting model used internationally as a common guide by business men. Called the Wharton Econometric Forecasting Associates/Stanford Research institute (WEFA SRI) World Economic Model, it is used in a major programme join'ly established by WEFA
    227 words
  • 274 1 TRADING In the shares of Robinson and Company will continue to be suspended for the next two da>s. The request for suspension, which commenced yesterday, was necessary as an extraordinary general meeting will be held at 11 am today to get shareholders' approval to
    274 words
  • 385 1  -  By RUTH CHENG OVERNIGHT rates on the money market have eased considerably as a result of the transfer of $180 million in oil payments from local oil companies to the Brunei government. Overnight funds are being traded around the 8.5 to 6 per cent level, with
    385 words
  • 92 1 BUYERS resumed their shopping spree on the Stock Exchange of Singapore yesterday, pushing the Straits Times industrial index a further 4.60 points higher to another seven-year high of 466.98. After Tuesday's brief consolidation, most sectors were perking up yesterday. Buyers made their pres- ence felt in
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  • Page 1 Advertisements
    • 13 1 MUNSINGNNE4R ir U&A. grand slam SHIRTS The great name in Golf wear. Anywear
      13 words
    • 131 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
      131 words
    • 62 1 d) 2 SHIPPING TIMES HITACHI to nuke Singapore plant its SEA ba5e.................... 2 ADDING beef to Beetles in Brazil S THE ECONOMIC irony of Canada 7 INSURANCE prospects in A5ean....................................... 9 PETROL stations may change pricing system 12 HOT debate on Hongkong rent proposals 12 AIRCRAFT 5, TV AND RADIO
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    • 2 1 Leader ...Page <
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    • 36 1 (U MM I answers your phone while Americaya TOKYO SINGAPORE Americaya Premier Ground Floor Plaza Sinyapura Orchard Road. Singapore 9 Tel: *****2 Americava Orchard G 1-2, Ground Floor Lucky Plaza. Orchard Road, Singapore 9. Tel. *****53
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  • TRADE AND INDUSTRY
    • 485 2  -  By LINDA TAN ONE OF Japan's largest cable and wire manufacturers, Hitachi Cable, is gearing its Singapore plant jto take over the group's fast growing South-east Asian market. A new $4 million factory is being built next to its existing plant to
      485 words
    • 376 2 THE LADYHILL Hotel has announced the appointment of Wh| Ah Lee as restaurant manager of Le Chalet Mr Wong, who has been in the hotel industry for the last two decades, started off as a waiter in a small cafe. Later, he joined the Ming Court Hotel
      376 words
    • 303 2 THE side-tipping trailer, manufactured by an Australian company, J Smith and Sons Pty Ltd, offers advantages over conventional rear-end tippers. The trailer can be operated as a road train or a normal semitrailer. It has a capacity of 24 cubic metres. In transport use, the
      303 words
    • 431 2  -  By SALMA KHALIK THE Telecommunications Authority of Singapore is thinking of introducing a multi-access reservations system to improve booking facilities here. The system will enable direct linkage between travel agents and airlines. In conjunction with this, Telecoms has invited Travicom (UK) to give 15 airlines
      431 words
    • 293 2 THE NGEE Ann Technical College is conducting three evening courses in management studies as part of its career development programme. These part-time courses, starting in April, are designed for workers in the industrial and commercial sector. One of the three courses leads to a
      293 words
    • 184 2 SINGAPORE Tobacco (STC) has become the first company in Singapore to offer a training scheme for machine mechanics. The two-year specialised apprenticeship programme is conducted in conjunction with the Vocational and Industrial Training Board (VTTB). The five phases include induction, machine minding, basic training, on-the-job-training and engineering
      184 words
    • 172 2 THE FIRST Food and Cultural Promotion show, organised by the Singapore Tourist Promotion Board (STPB) this year, will be held at the Ambassador Hotel in Bangkok. Co-sponsoring the affair, from Feb Zt to 28, will be Singapore Airlines, the Oberol Imperial and Metro. Shopping will be
      172 words
    • 206 2 IF A customer accidently breaks a piece of merchandise, is he liable for payment? This question is brought up in the latest bimonthly bulletin of the Consumers Association of Singapore (CASE). A survey of 30 department stores and supermarkets showed that 70
      206 words
    • 731 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
    • 144 2 TIMES. WEDNESDAY also Education Minister The Complete Plain Words Sir Ernest Gowers Since it first appeared in the fifties The Complete Plain Words has exercised a large and salatury influence on official and much other English. It is, in its own field, a classic. This thoroughly revised edition is still
      144 words

  • REGIONAL
    • 138 3 Reuter JAPANESE Regional Finance Ministry Bureau directors reported domestic industrial production is rising steadily, the Finance Ministry said. The rise follows increases in personal consumption and fixed investments as well as larger exports reflecting the yen's depreciation, it said. The vehicle and elecrical appliance industries have
      Reuter  -  138 words
    • 115 3 Reuter TAIWAN'S industrial production this year will grow between 8 and 10 per cent, as compared with last year's preliminary 8.1 per cent, according to the Industrial Development Bureau. TL Yu, director of the bureau, forecast that the export value of industrial products will rise at
      Reuter  -  115 words
    • 183 3 A WEST German banker believes that the recent rise in oil prices will increase West German production costs and lower consumer spending power and thus create marketing opportunities for Asian exporters of quality products at competitive prices. Expressing this view yesterday, Standard Chartered Bank's chief
      183 words
    • 92 3 Reuter AFP JAPAN exported a record 4.56 million assembled vehicles last year, up 6.8 per cent from 4.27 million in 1978, the Japan Automobile Manufactuters Association said. It reported good sales on the US and West European markets. The 1979 total comprised 3.10 million passenger cars, 1.42
      Reuter; AFP  -  92 words
    • 214 3 AUSTRIAN Chancellor Bruno Kreisky (left) being received by India's Prime Minister Mrs Indira Gandhi on Tuesday. During his stay in the Indian capital, Dr Kreisky will discuss with Mrs Gandhi the international situation and developments in Afghanistan arising from the Soviet invasion, Indian officials said. Dr
      214 words
    • 482 3 UPI FILIPINOS turned out in large numbers yesterday to vote in local elections which President Ferdinand E Marcos called to show foreign creditors that he has popular support at home. Columns of voters could be seen in school houses and town halls casting ballots
      UPI  -  482 words
    • 514 3 UPI PHNOM PENH authorities put their border troops on the alert yesterday to repel and 'punish" Joan Baez and 180 Western celebrities planning to truck food to starving Kampucheans. On the military front, fierce fighting between Khmer Rouge guerillas and the Vietnamese-led troops of Heng
      UPI  -  514 words
    • 111 3 AFP THE Indonesian armed forces are being modernised to be able to launch immediate offensive response before the enemy managed to enter the country, according to the leading political weekly Tempo. It quoted defence ministry sources as saying that the armed forces can now
      AFP  -  111 words
    • 107 3 AFP NEW Zealand Prime Minister Robert Muldoon recently raised the possibility of allowing Filipino vessels to fish in his country's waters. He arrived in the Philippines on Sunday for a fourday state visit and discussed the matter with Philippine Deputy Trade Minister Vicente Valdepenas and
      AFP  -  107 words
    • 157 3 ANGRY opposition members asked questions in both houses of the Indian Parliament yesterday about the arrest of a senior police officer who had investigated a case against Sanjay Gandhi, son of Indian Premier Indira Gandhi. The opposition leader in the Rajya Sabha (Upper House), former Information
      157 words
    • 439 3 MALAYSIAN exporters have been urged to step up their efforts to expand sales abroad in the face of increasing competition from other developing countries. Making this call at the opening of the Malaysian Export Trade Centre this week, Deputy Prime Minister Datuk Seri Dr
      439 words
    • 286 3 UPI US PRESIDENT Carter's special envoy Clark Clifford arrived in New Delhi on Wednesday on a mission to allay India's fears about proposed US arms sales and military aid to Pakistan. Mr Clifford, a former Defense Secretary, would meet Indian External Afairs Minister PVNarasimha
      UPI  -  286 words
    • 61 3 Reuter JAPANESE Prime Minister Masayoshi Ohira said US Defence Secretary Harold Brown has not called on Japan to make any specific efforts for combined military planning efforts with the US and Western Europe. Mr Ohira was answering an opposition questioner in the Upper House of Parliament who asked
      Reuter  -  61 words
    • THE REGION IN BRIEF
      • 665 3 Agencies AUSTRIA has offered to sell tanks to the Thai government, Prime Minister Kriangsak Chomanan said. He said the offer was made by Austrian Federal Chancellor Bruno Kreisky during his brief stop over en route to India. Mr Kriangsak said the Austrian leader told him his
        Agencies  -  665 words
  • Page 3 Advertisements

  • RAW MATERIALS
    • 583 4 JOHORE continues to surpass fhe other states of Malaysia as the leading producer of the country's outstanding agricultural commodities rubber and palm oil. According to the latest monthly returns from the Statistics Department, Johore produced 298,678 tonnes of rubber (as measured by its "dry
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    • 248 4 AP THE International Coffee Organisation said on Tuesday it is considering calling a meeting of its executive board to study the fall in world coffee prices. The ICO said the 20-day average of all types of coffees on Monday was 167.30 cents a pound of green beans.
      AP  -  248 words
    • 162 4 CHINESE Pradaee Exrhaage, Slngaparr, naon rl«alng prim per pica! yntfrdty: C*c«Dit ail: Bulk $103 sellers, old drum $109 sellers, new drum $113 sellers. Opra: 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,
      162 words
    • 131 4 CBT wheat futures on Tuesday retreated from early gains to close mostly lower, losing as much as 4'_> cents a bushel in the nearby March while posting a fractional gain in the December. Speculative buying of the March contract led to early gains while locals were late sellers. The
      131 words
    • 233 4 THE SINGAPORE market closed sharply higher yesterday with February One RSS buyers quoted at 351.50 cents per kilo, up 7.50 cents from Tuesday's close, dealers said. Morning prices were marked up about nine cents on speculative buying, nervous shortcovering, renewed gold strength and news the International Synthetic Rubber Co
      233 words
    • 16 4 Rubber: Jan 30 Singapore: February: 351.50 cents (up 7.50 cents) Malaysia: All markets closed
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    • 390 4 R A S prices in cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt o.b 350 50 351 50N Int 1 R.S.S. February 352.50 353 50 Int. 1 R.S.S. March 359 50 360.50 Int. 2 R.S.S. 332 00 333 00N UK Cont 331 00
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    • 128 4 RAS NOON SSR arx 1 SMR prim yesterday. MRELB pnct !t are Tuesday i K RAS SSR 20 SSR SO MRELB (l-( <1-1 ion pallet 1 on pallet) February (Curreat Mth) Buyers Sellers ***** *****N ***** 308 OON March (Forward Mth) Buyer* Sellers ***** *****N 308 00
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    • 70 4 C.I.F. North European ports, in US dollars per ton unless otherwise stated. LONDON: Tues Previou* Malaysian 5*. ffa bulk per tonne February 715.00slr 725.0Ualr Sumatra 5'. ffa bulk January unch 7l5.00pd February 720 00pd 730.00slr March 700 OOslr 705.00slr April 680 OOpd 685slr/685pd June unch 685.OOslr Nigeria 5'.
      70 words
    • 192 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cottoa yam: China Blue Phoenix 20s 2,310; 32s 2,840, 40s 3,030 (per bale of 400 lbs). Pleee goods: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 112 4 CBT soybean futures closed mostly easier on Tuesday, posting a fractional gain in the August contract but losing as much as 1 1 2 cents. Traders noted hedging and professional selling at the close. Early support for beans stemmed from reports of dryness in Argentine soybean growing areas. But
      112 words
    • 324 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.
      324 words
    • 857 4 SUGAR: Number two contract raw sugar futures ended the morning £7.50 to £9.60 per tonne higher in a turnover of 5,093 lots. Number four contract was up £9 to £5.50 in a turnover of 189 lots. Terminal fluctuated narrowly below opening levels as dealers assessed the market situation
      857 words
  • ASIAN STOCKS
    • 615 4 TOKYO Source: DBS-Daiwa DESPITE a new restriction on margin trading, the Tokyo stock market was firm yesterday. The Nikkei Dow-Jones closed at Y6776.60, up Y5.77. Nevertheless, large-capitali-sation issues lost ground owing to the new restriction. Nippon Steel fell Y2 to Y132, Kawasaki Steel, Y3 to Y135, Hitachi, Y4
      Source: DBS-Daiwa  -  615 words
    • 397 4 STRONGER world bullion markets sparked off a rise across the mining boards yesterday, with market indicators posting further solid gains to new record highs and the All-ordinaries index added 9.02 points to 853.27 l>oints. brokers said. Overseas buying interest, particularly from I-ondon, waned with local institutions stepping in to
      397 words
    • 347 4 Source: SHK See THE MARKET suffered a heavy set-back yesterday as investors became wary about the trend in property prices. HK Bank failed to break $22.00 and feU to $21.50 in heavy trade while other recent speculative stars such as New World and Tai Cheung fell sharply. Market movements
      Source: SHK See  -  347 words
    • 234 4 STOCK prices eased yesterday in light trading, dealers said. Bangkok Bank, First Trust and Siam Cement closed unchanged at 300, 80.50 and 296 baht respectively. JAN 30 Bahts Asia Credit .r Asia Fibre 141 unch Ayuthaya Inv And Trust Bangkok 30 Investment 179 Bangkok Bank 300 unch Bangkok Drying
      234 words
    • 51 4 FINANCIAL TIMES INDUSTRIALS Tuesday 464.0 Monday 453.6 Week ago 449.8 DOW JONES AVERAGE INDUSTRIALS Tuesday 874.40 Monday 878.50 Week ago 866.21 H.K.HANG SENG Wednesday 813.59 Tuesday 936.83 Week ago 878.39 SYDNEY INDUSTRIALS Wednesday 627 20 Tuesday 622.45 Week ago 606.79 ALL ORDINARIES Wednesday 853.17 Tuesday 844.15 Week ago
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    • 135 4 Reuter THE PHILIPPINE Securities and Exchange Commission which oversees the operations of stock exchanges will issue new trading rules early next month designed to increase investor protection, exchange sources said on Tuesday. The rules were developed by the commission following the collapse of an
      Reuter  -  135 words
  • Page 4 Advertisements
    • 598 4 1 p ll' Vn+ Earthsea Trilogy A Wizard of Earthsea The Tombs of Atuan lOn The Farthest Shore WM. A work of magical strength P and imaginative power; of that timeless struggle between good and evil; of J hB demons, dragons, magicians V and men; of honour and f i
      598 words

  • OVERSEAS
    • 714 5 ARRIVALS Service Local Operator Number Time From MAS MH671 0945 PEN KUL SIA SQ2I1 1000 HLP BN BN515 0130 LAX SEL HLP CPA CX710 1005 HLP GIA GA980 1030 HLP MAS MH605 1045 KUL su SQI03 1100 KUL GIA GA944 1055 PKU GIA GA908 1100 MES QAL
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    • 281 5 Reuter DEVELOPING countries at a United Nations conference in New Delhi have devised an action programme setting out not only what they seek from the industrial powers, but also what they themselves will do to hasten Third World industrialisation. Tunisian delegate Ahmed Ghezal, chairman
      Reuter  -  281 words
    • 230 5 Reuter MUSLIM students controlling the US Embassy in Teheran are demanding to know how six US Embassy staff fled the country posing as Canadian diplomats without the Iranian government's knowledge. A student spokesman said early yesterday: "The Foreign Ministry must know the number of diplomats in
      Reuter  -  230 words
    • 170 5 BILL Sirs, leader of a national strike crippling the state-run British Steel, called on his men on Tuesday to defy a court ruling prohibiting them from tying up independent steel companies. But he was overruled by his own executive committee. The committee agreed to abide
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    • 125 5 THE American State Department has denied that the US requested a delay in imposing economic sanctions on Iran. State Department spokesman Hodding Carter responded with a flat 'no' to the question of whether the United States had asked its allies to delay enforcement
      125 words
    • 574 5 Reuter UPI IRAN'S Central Bank governor, Ali Reza Nobari has unveiled plans to revitalise the country's economy, putting top priority on fighting inflation and boosting industry and agriculture to full production. Mr Nobari, a close associate of President-elect Abolhassan Bani-sadr who won his presidential mandate
      Reuter; UPI  -  574 words
    • WORLD IN BRIEF
      • 444 5 Agencies THE UNITED States recorded a U5524.69 billion trade deficit in 1979, mainly as a result of higher oil prices, the Commerce Department reported. In December, the country's trade with the rest of the world was in deficit by 13.06 billion, about double the 11.42 billion shortage recorded
        Agencies  -  444 words
    • 119 5 Reuter SIMONE Veil, President of the European Parliament, has told President Carter that Europe and the United States should avoid any temptation to adopt trade protectionism. "We hope there isn't any move toward protectionist policies on the part of the United States," she said after
      Reuter  -  119 words
  • Page 5 Advertisements
    • 565 5 COMPANY NAME EXHIBITS 800 l (A) FILLING A PACKAGING MACHINES SATO SHOJI COMPANY LTD. Automatic packaging micNnt. OSAKA AUTOMATIC MACHINE MFG. CO. LTD. r.ipaitu ftHtng micMot. TOKYO AUTOMATIC MACHINERY WORKS LTD. PKkiolnQ michinH. FURUKAWA MFG. COMPANY LTD. a) Vacuum packaging machine b) Vacuum packaging machine wtth pump, cj Vacuum-gas packaging
      565 words

  • 377 6 SINGAPOREANS and interested foreign observers must be puzzled by the extremely cautious approach of the Government in the matter of a mass rapid transit network for the island. In almost no other issue has the Government taken so long to come to
    377 words
  • 298 6 IT is surely a foregone conclusion that Singaporeans do not save for their retirement. They must be among the last people in the world to feel the need to do so. After all, with the 16.5 per cent of the salary you pay into
    298 words
  • 1645 6  -  By KENNETH GOODING FT IN ONE OF the oddest diversification projects a car manufacturer has yet attempted, Volkswagen is adding beef to its Beetles in Brazil. A Volkswagen do Brazil subsidiary has acquired a large area of Brazilian forest at Santa na de Araguaia
    FT  -  1,645 words
  • Page 6 Advertisements
    • 162 6 > Auvi '80 will bring |r" together the most sophisticated audio-visual, hi-fi equipment and related services available. This will be an excellent opportunity for manufacturers and suppliers to demonstrate their highly-advanced equipment. Auvi '80, to be held at the World Trade Centre from 2-6 July 1980, will be widely promoted
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  • Page 6 Miscellaneous
    • 1535 6 Funny, candid people HOLLYWOOD stars prfeve that they aren't dim-witted What's My Llae at 6.35pm, channel 5. This paael game programme has been araaad far years aad it's remarkable haw msch we eaa lean (ram their Intelligent questions, especially (ram veteran actress Arlene Francis. People are at their faaalest when
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  • Article, Illustration
    1124 7  -  Canada is a member of the First World, yet its economy faces strikingly similar problems as those of a Third World country such as Singapore, reports MARGARET THOMAS after a recent visit to Canada. In a three-part article, she looks at the reasons why this ironic situation exists and
    1,124 words
  • 844 7  -  -rBACK TO SQUARE ONE By JOHN GEDDES NYT -WJROPE'S new currency system is ending its first year of operation back where it started embroiled in disputes over its value. The currency arrangement, jtnown as the European Monetary System, was intended to stabilise economic ties within the
    NYT  -  844 words
  • 819 7  -  FORUM with JAMES RESTON NYT EVERYTHING is now going Jimmy Carter's way. He began by proclaiming "onward Christian soldiers", but has changed his mind. The lowa kitchen votes have driven Ronald Reagan to the Conservative right, and Edward Kennedy to the left, leaving the decisive middle
    NYT  -  819 words
  • 231 7 THE SUDDEN swoops of the Ministry of Environment officers on illegal hawking on pavements and side-roads have a comic effect on innocent patrons. A friend related that his mother was fond of eating at a particular sidewalk stall. One day, she was sitting there as usual enjoying
    231 words
  • Page 7 Advertisements
    • 164 7 Wendy Hutton's UL'i'J» ....more than just a cookbook! Here, for the first time, is a local cookbook that fives you more than just recipes. More, too, than lots of fascinating and relevant information about Singaporean ingredients and cooking methods. Singapore Food is unique because it puts Singapore's famed cuisine into
      164 words

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 283 8 JAN 29 Frs CORHKILLK Air-Liquide 507 unch B S N Gervais Danone 1054 16 C S F < ThomsonCif) 549 -6 C i<- Francaise des Petroles 262 4.5 Compagnte Kinanciere Compagnie Generale 351 20 6.2 Credit Foncier De France 449 50 -15 Hachette (LIbralrie) 231 50 -2 Machines Bull
        283 words
      • 93 8 J AN 29 Frs FORWARD MARKET Act-c 333 -4 Arbed 2430 -30 Astur 5*4 -20 Brascan 590 unch Br u-Lamb Canpac 1032 4 Cock 353 19 De Beers Ebes Z 2200 -5 Electrobel 6020 40 Gb-Inno-Bm 2445 5 Gev 910 -6 Hobok 3020 20 Petro 5630 40 Ryl Dutch
        93 words
      • 208 8 JAN 29 Dm Aeg-Telefunken 42.40 -0« Akio 2! JO +0.6 AIU Leben 876 00 unch Allz Vers BASK Bay H T Wbank Bay Vbank Bayer BBC 308 00 140 00 22S00B 264 50 124 00 2#1 00B -1 2.5 07 BMW Cassella ***** 310 00 -2 -2 Cftem v.™
        208 words
      • 219 8 JAN 29 Pis ABN jyy UU 6 Ahold 80 80 0.7 Aluo 23 20 0 1 A M i V 102 50 12 Am fas Amro Bank 6300 0 9 Bergoss 4000 -05 iwi 94 00 2 Bo U 62 30 06 Borsumij 180 00 3 Burhmann 57 20
        219 words
      • 188 8 JAN 29 Francs Actions Suisse* 291 unrh Alusuisse Br 1255 5 Alusuissr Reg 480 unch Brown Boveri Br 1795 -5 Clba Geigy Br 1190 -5 Clba Geigy P C 9S0 15 Clba O*lo Rr| #72 -2 Credit Suisse Br 2390 -10 Credit Suisse Kef 435 -3 Elektrowatt Br 2230
        188 words
      • 97 8 JAN 29 Lire Anic Assoc On Baslogi Central* Flat Fmsider Ofn ImmoO 950 ***** 766.50 8520 1949 90 00 73 50 unch -220 -05 -79 27 -2.5 unch m Prl llalcemenli lLalg&s IUlMder 2500 ***** 810 246 -30 100 11 -2.5 Magneti M PI Marvin Ere Mrdlotl Miralanxa Mondadori
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      • 1245 8 NEW YORK STOCK prices on Tuesday retreated over a wide area on heavy volume as traders rushed to take profits following a gloomy trade report and a sharp rise in the price of gold. "Everyone has been waiting for a (price) correction and when it starts,
        1,245 words
      • 204 8 JAN 29 Cf Ablttbl 23'> 1 Alcan 68' > 2'-' Algoma 36 Bank Mont 26 Bank Nova Scotia 25' Bell Tel 20 •'i Beth Corp BP Can Lid 37* Brascan 24 unch Camp Red Lake 35. 1*. Can Imp Bk 27'. Canpac 43 Canpac Inv Pf Carling O'Keefe ZZ
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  • Page 8 Advertisements
    • 678 8 See Page 4 for Asian stocks See Page 9 for Jo'burg prices to wine, dine and entertain tabertud thrill For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday $1M 10% service charge !VV> cess Javanese Rijstafel Saturday Sunday $lh 10' V) service charge cess F-
      678 words
    • 85 8 a A reputation for fine Cantonese food. Fortuna Restaurant offers one of the widest selections of Cantonese cuisine in Singapore. Each dish reflects a subtle blend of natural flavouring and spices, a taste which is distinctive of true Cantonese cuisine. Entertain your business associates, friends and relatives at the Fortuna
      85 words

  • BANKING AND FINANCE
    • 441 9  -  By LEE YOKE MENG THE main problem facing the reinsurance industry in Singapore and other Asean countries is not so much the undercutting of premiums, as the undercapitalisation of insurance and reinsurance companies. Mr Arne Lundeborg, managing director of Stockholm-based Skandia Insurance (the largest insurance
      441 words
    • 86 9 CHINA will allot 20 to 25 per cent of annual export earnings to the repayment of foreign debt, Chinese Foreign Trade Minister Li Qiang said, while on an eight day visit to Japan. Japanese officials noted that Mr Li said China's policy is designed to ensure repayment
      86 words
    • 214 9 FORMER Bundesbank president Otmar Emminger told a bankers' conference in New York that he has grave doubts whether the imposition of reserve requirements on international banks is practical. Mr Emminger, who retired from his Bundesbank post last month, said reserve requirements, advocated by some as a means of
      214 words
    • 244 9 THE Turkish government has announced plans for repayment of nearly US$l.9 billion of arrears on unguaranteed supplier credits. The plans, published in the official gazette, offer foreign firms the alternatives of being repaid in either Turkish lira or US dollars, with conditions
      244 words
    • 287 9 JAPANESE banks are divided over the choice between two listed securities accounting methods made po&sible by a change the Finance Ministry's guidelines for bank accounting. The Finance Ministry has issued circulars to Japanese banks saying they can either use the book value or the
      287 words
    • 291 9 JAPANESE companies issued 108 external bonds worth a record U553.23 billion in the first nine months of fiscal 1979 ending in March, compared with $3.19 billion for the whole of fiscal 1978, a senior Finance Ministry official said. Sugio Hatanaka, director of the ministry's
      291 words
    • 149 9 THE Dutch Central Bank said it will lift the regulations concerning Dutch banks' foreign position, under which foreign liabilities could only exceed assets to a certain prescribed level. For banks as a whole, foreign liabilities could exceed their foreign assets by a total of around
      149 words
    • 349 9 IRAN will compensate foreign banks for their lost stakes in ventures absorbed into the newly nationalised banking system, Central Bank governor Ali Reza Norbari said. Accountants are calculating the net worth of the banks concerned and compensatory payments will be awarded as soon as the
      349 words
    • MONEY AND EXCHANGE$
      • 263 9 STERLING came under early selling pressure yesterday, shedding some of its gains overnight in New York and the Far East, while the dollar opened little changed on late Hongkong levels. Dealers said the pound's early slide, to a low around U552.2580 90 after opening at $2.2625 35, was largely
        263 words
      • 443 9 TRADING on the foreign exchange market was exceptionally quiet yesterday, with the US dollar finishing on a mixed note against major currencies. Starting off at 238.80 10 against the yen, the US dollar was then traded up to 239.30 40 when Tokyo closed, before sliding to close at
        443 words
      • 135 9 THE U.S. dollar for overnight delivery closed at 239.35 yen yesterday, up from a 239.00 opening but down slightly from 239.40 at Tuesday's close, dealers said. Trading was moderate, with volume of US$67l million. The dollar steadied in light late trading after an early recovery from a lower opening,
        135 words
      • 336 9 1 JAN 29 Rand INDUSTRIALS A Alpha 255 ADercom 380 unch AE And CI 545 -15 AMIC 2025 unch Barlows 820 15 Cg Sugar 1030B 1 CNA 380S I Currie Finance 145 5 De Beers Ind 2100B unch 1 Edron 400 -5 Edgars 5*700 unch Eveready 1 Fed
        336 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
      • 147 9 Asian rates ASIAN currency deposit interbank rates as at close on Jan 30: L'S Dollan(Spot) Offer Bid 7 days 13 15/16 13 13/16 1 month 13'. 13' 2 months 14 1/16 13 15/16 3 months 14 7/16 14 5/16 6 months 14 I 14 1 9 months 14 5/16 14
        147 words
      • 49 9 RANGE of prices offered by discount houses on Jan 30: Overnight: 3-6'.'« Call deposits: 6' to 6'i'« Closing Buying Selling 3-month Treasury bills 6 < 6 k 3 month Bank bills 10. 10 3 months CD 10 10'. 6 months CD 10 7/16 10 5/16 Source: National Discount Co
        49 words
      • 43 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $50 million 91-day Treasury bills to be issued from Feb 4 to Feb 8. Each tender must not be for less than 1250,000.
        43 words
      • 286 9 GOLD futures in Singapore closed sharply higher compared with overnight levels but below the day's high on some late profit-taking, dealers said. Ttrading was moderately active with a turnover of 273 lots reported while turnover for kerbs was 168 lots with interest centred on March, April and June contracts,
        286 words
      • 173 9 STERLING reversed the morning decline during the day, steadily strengthening to around 2.2625 35 towards the close, dealers said. Earlier, dealers marked sterling down to 2.2595 15, feeling the rise in New York to a closing 2.2640 60 had been overdone, despite news workers in the private sector of
        173 words
      • 56 9 AUSTRALIA NZ exchanges quotes: US dollar 1.1094/1.1046 Sterling 0.4914 0.4858 Ninety day air mail buying Sterling 0.5168 US dollars 1.1619 Ninety day .forward buying Sterling 0.4996 US dollars 1.1194 New Zealand Reserve hank Siidrate S dollars 0.9629 Trading bank indications Sterling 0.4357/0.4327 US dollars 0.9679/0.9779 Ninety day air mail
        56 words
  • Page 9 Advertisements
    • 92 9 HAMBURG BANGKOK HONGKONG JAKARTA KARACHI KUALA LUMPUR MANILA SEOUL SINGAPORE V V V "S. Efficiency. Efficiency means a great deal to Eurasbank's clients. Through a privately leased satellite line, the Bank maintains round-the-clock communication between all its branches strategically located throughout Southeast Asia. This satellite-operated circuit system facilitates quick transfer
      92 words

  • 2199 10 BID and otter 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 units, unless otherwise specified. SECTION ONE INDUSTRIAL A COMMERCIAL Acma (2.668) (8)
    2,199 words
  • 157 10 SINGAPORE UNIT TR18T S pore Growth Fund 1.29 135 (Nui|m' price far Jaa SI) INCOME BOND I'NIT The Commerce 2 39 2.54 (Carreat prices) The Saving Fund 155 1.64 Income Bond 1.19 1.26 S'porf Prog Fund 1.07 1.13 S pore Sec Fund 1 88 2 00 S pore
    157 words
  • 2808 10 This Year High Low Company Last Sale orGr'a Div Div Cvr Gr's Y'ld Net P/E Vol Day COOO> High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 265 223 148 180 276 77 255 420 215 380 207 Acma 123* Alcorn 110 Allied Choc 133 BAT 255 Bata 574
    2,808 words
  • 473 10 THE BOUNDARY line between stockbroking and merchant banking has always been a hazy and shifting one in the City of London. Now the securities markets are faced with a period of quite rapid structural change as various participants seek to adapt to the abolition of exchange controls.
    473 words
  • 1027 10 GOING INTO commodity futures trading is like venturing into the unknown. The setting up of the Kuala Lumpur Commodity Exchange (KLCE), due to begin operations in midyear, is thus a very big step for Malaysia to take. Malaysia will have the distinction of being one
    1,027 words
  • 577 10 A RESURGENCE of buying gave a good shot in the arm to the Singapore stock market yesterday, poshing the Straits Times Industrial index yet higher. Following on Tuesday's profit taking, analysts said the strong reaction strengthens the market's determination to keep a date at 484.
    577 words

  • COMPANY NEWS
    • 792 11  -  OPENING NEW OFFICES By P GUNASEGARAM THE New Straits Times Press (Malaysia), after a spurt in earnings in the year just past, will aim for greater penetration of the different markets for its newpapers and magazines with increased sales as the target in all major
      792 words
    • 598 11  -  By KOH TSE YING STOCKBROKING firm Ong and Company has advised investors to adopt a strategy of holding on to their shares until the current market trend changes. In its latest newsletter, Oagco Digest, the company said the apparent return of large-scale public
      598 words
    • 106 11 Date Last Full Year Company Period Announced Net EPS Gr«n Pre-tax Inst year (cents) Dlv. Profit BATS <%) <rm> 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 Nat Iron F 7/2 57.8 17.9 37,679 F E Le'ston
      106 words
    • 225 11 TIMES PabUshlag Bhd: AGM to be held at Supreme House (11th Floor), Penang Road, Singapore at 12 noon on Feb 1. Straits Times Press (1175) Ltd: AGM to be held at Supreme House (11th Floor), Penang Road, Singapore at 12.30pm on Feb 1. Daft Devetopmeat BM: AGM to
      225 words
    • 616 11 by HOCK LOCK SIEW RESPONDING to increased tensions in Afghanistan and Iran, war-sensi-tive commodities, such as rubber, have been rising in value. This is expected to continue for as long as the threat exists. In the last two weeks, Far Eastern markets have seen
      by HOCK LOCK SIEW  -  616 words
    • 226 11 PENGKALEN has declared a third interim dividend of two pence per share for the year ended Sep 30, payable on April 3. Afrleaa Development Baak $40 million floating rate notes due 1983 rate of interest on the above notes for the period Jan 30 to July 30 has
      226 words
    • 268 11 Current Payment Ex Date Booka Cloae Date Payable Total for Total for the year Previoua year Berjuntai D Keramat L td Plant CC M Alied Choc U M Flour Timea Pub S T P(1975) N S Timea M U Ind Kulim Maia SEAL A Moiek B Kawan Duff
      268 words
    • 108 11 Company Particulars Ex Date Books Close M Breweries Lingui Temerloh Sentosa T Teat M U lad Bonus Issue of 1 for 2 Bonus Issue of 5 for 3 Bonus Issue of 1 for I Bonus Issue of 1 for 3 Bonus Issue of 1 for 4 Rights Issue
      108 words
  • Page 11 Advertisements
    • 60 11 EFFECTIVE JANUARY 31,1980 THE NEXT SIX MONTH INTEREST RATE FOR THE US$lO,OOO,OOO THE DAI-ICHI KANGYO BANK,LTD. NEGOTIABLE FLOATING RATE CERTIFICATE OF DEPOSIT DUE JULY 30,1982 SHALL BE 14%% p.a. REFERENCE AGENT: MORGAN GUARANTY TRUST COMPANY OF NEW YORK SINGAPORE OFFICE REFERENCE BANKS." BANK OF AMERICA NT AND SA SWISS BANK
      60 words
    • 341 11 ss SEMBAWANG SHIPYARD LIMITED (Incorporated in the Republic of Singapore) PRELIMINARY REPORT OF RESULTS FOR THE YEAR ENDED 31 ST DECEMBER 1979 The Directors of Sembawang Shipyard Limited have the pleasure in announcing the UNAUDITED results of the company for the year ended 31 st December 1979 as followsTRADING PROFIT
      341 words

  • 378 12 IN ADDITION to being the country's leading producer of rubber and palm oil, Johore may soon emerge as a major producer of cocoa, judging by the plans that have been announced. Leading the state's challenge to Sabah, Perak and Selangor which
    378 words
  • 228 12 AFP THE HONGKONG government's controversial package of proposals aimed at halting spiralling rents of domestic premises was hotly debated by 14 unofficial members of the legislative council yesterday. If approved by the council the proposals would restrict rent increases to 21 per cent every two
    AFP  -  228 words
  • 507 12  -  By CHOO AI LENG CONSUMERS may see modified methods of charging petrol sales by oil Companies if petrol prices go up to $1 per litre or more in late February or early March. This is because petrol station pumps have only three-digit price meters
    507 words
  • 266 12 SINGAPOREANS who save and it looks as though nearly every other Singaporean puts aside some of his income each month do so primarily for their children's education and improvements to their homes. Vacations, taxation, retirement and emergency needs are not, apparently, matters which the
    266 words
  • 166 12 UPI A SENIOR executive from the Mitsui group of companies on Wednesday left for Teheran for talks with Iranian officials on construction work of a stalled multi-billion petrochemical joint project. Mr Eimei Yamashita, managing director of Mitsui and Co, the Japanese partner to the bilateral project, will
    UPI  -  166 words
  • 786 12 LONDON, Wed. The maket was mixed in moderate activity today, dealers said. At 3 p.m the Financial Times index was down 2.6 points at 461.4. Early gains of up to half a point in government bonds were eroded by fresh selling activity. Dealers said operators were concerned about
    786 words
  • 155 12 AFP REPRESENTATIVES from 11 tin-producing countries are to meet in the northern Thai capital of Chiang Mai next month to discuss new floor and ceiling prices and the possible impact of the United States releasing its strategic stockpile of the metal, the Bangkok Post
    AFP  -  155 words
  • 173 12 FORMER US secretary of state Henry Kissinger met West German Chancellor Helmut Schmidt and other leading politicians on Tuesday for confidential talks. No statements were issued after the secret day-long discussion held in Schloss Gymnich, outside Cologne. Besides Dr Kissinger and Chancellor Schmidt, those attending the talks included
    173 words
  • 177 12 A REGISTERED bookkeeper was fined $1,000 in a magistrate's court yesterday when he admitted practising as a tax consultant even though he was not registered as a public accountant. The court heard that since 1963, Vallartharasu Ganapathi, 37, had been working as an accountant's
    177 words
  • 77 12 Reuter IMPORT contracts concluded by 13 major Japanese trading firms in December rose 23.4 per cent to 1.34 trillion yen from 1.09 trillion in November, and up 99.1 per cent from 675.30 billion a year earlier, the Japan Foreign Trade Council said. Export contracts in December
    Reuter  -  77 words
  • 299 12 A JAPANESE expert on industrial standards arrived in Singapore yesterday to study how local exporters can make use of Japan's quality trademark. Mr T Murata, a staff specialist with the standards department of the Agency of Industrial Science and Technology, will meet officials
    299 words
  • 335 12 IRANIAN Foreign Minister Sadeq Qotbzadeh vowed yesterday to make Canada pay for smuggling six US diplomats out of Iran. "We indicate that sooner or later, somewhere in the world, Canada will pay for the action they have taken," Mr Qotbzadeh said. The Foreign
    335 words
  • 393 12 AP US PRESIDENT Carter on Wednesday painted the bleakest outlook yet for inflation in the United States, saying high oil prices could make inflation much worse for years to come unless workers accept at least a temporary reduction in their purchasing power.
    AP  -  393 words
  • 85 12 Reuter THE THAI Cabinet has approved a recommendation by the Finance Ministry that the Petroleum Authority of Thailand (PTT) should obtain a syndicated loan of US$75 million from a group of foreign banks headed by Chase Manhattan Bank to finance part of its natural gas
    Reuter  -  85 words
  • Page 12 Advertisements
    • 3 12 Leader... Page I
      3 words
    • 97 12 rxse;—, 1 Top Quality, Special Design Chairs for the v office. V 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.
      97 words
  • Page 12 Miscellaneous
    • 58 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Fair. Report for 24 hours prior to 1.39 p.m. on Jan 39 at the airport. Maximum temperature 32.0 Associated humidity 62 Minimum temperature 23.7 Associated humidity 100 Hours of sunshine 9.25 Rainfall in millimetres Nil Total rainfall for the month
      58 words

  • SHIPPING TIMES
    • PORTSIDES
      • 106 13 UPI A NEW freight service between Shanghai and the US Pacific coast port of Portland, Oregon, opened on Tuesday with the 20,000-tonne Chinese freighter, Rong Cheng, leaving Shanghai, the Xinhua News Agency reported. An- agreement between the Shanghai Ocean Shipping Co and Portland provides for one ship leaving
        UPI  -  106 words
      • 77 13 AFP JAPANESE shipyards' net export ship order backlog at the end of December hit a 21-month high of 6.57 million gross tonnes, the Japan Ship Exporters' Association (JSEA) announced on Tuesday. The figure represented an increase of 2.63 million gross tonnes or 66.8 per cent over the
        AFP  -  77 words
      • 82 13 AFP JAPAN will extend a yen loan totalling 7,591 million yen to Peru for improvement of harbours, roads and coastal facilities, the Japanese Foreign Ministry announced in Tokyo on Tuesday. The loan carrying an annual interest of 4.25 per cent will be paid back in 25 years
        AFP  -  82 words
    • 641 13  -  By RAHIM KASSIM THE Singapore shipbuilding and repair yards are in a good position to benefit from the efforts by shipowners to re-engine their ships in the wake of spiralling fuel costs. At the moment Japanese and South Korean yards are getting the bulk of
      641 words
    • 543 13 Shipping lJoe P»ge CM Shipping Llae Page C#J Adriatic IV 5 Combo Line VI 2 Afea VI 3 Djakarta Lloyd V 4 Alfred CTS IV 5 Dong Sue VI 5 Alltrans VI 5 DSR VI 3 Alpac VI 5 EAC Lines n 4/5 Angkutan VI 4 East
      543 words
    • 289 14 SEMBAWANG Shipyard recently completed reactivating the 14-year-old tanker Gallant Seahorse. The 95,529 dwt vessel has been laid up for the past three years In the Johere River. The Sembawang team dismantled the tanker's HP and LP turbines and associated systems for survey and necessary
      289 words
    • 973 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
      973 words
    • 1439 14 SHIPOWNERS' resistance to rates was indicated by charterers who continued to restrict trading in the North American grain section on Tuesday. Cargoes of grain were fixed however from Northern Range to Denmark at $23.75 fio for Feb and from Long Beach to Taiwan at $21 fio for Feb/March.
      1,439 words
    • 951 15 TWENTY-EIGHT British companies will be exhibiting at the Offshore South East Asia Conference and Exhibition to be held in Singapore, from Feb 26 to 29 at the Hyatt Hotel. They will be exhibiting in a joint-venture participation organised by the Council of British Manufacturers
      951 words
    • Article, Illustration
      625 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Accord (Tanker) (after Nichiyo Maru P/O, subject gas free) 15/16 Barber Toba (Ro/Ro) (after Muehlhausen shifts A Centaur sails, require starboard a/side) 46/47 Bunga Tanjong (after New Coral Sea A Muehlhausen sail, head west for L/L A UTM/L) 3/34 Chidambaram (0700 after
      625 words
    • 4492 19 SHIPPING LIST where your ships are due and when 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
      4,492 words
    • 326 20 DOCK workers in New Orleans agreed to load a Soviet-bound vessel following a court order on Tuesday, the International Longshoremen's Association (ILA) announced. But ILA president Mr Thomas Gleason emphasised at the union's New York headquarters that the 116,000-member ILA will continue their
      326 words
    • 363 20 BARBER Bine Sea (BBS), which introduced six new re-ro vessels on Its ronnd-the-world rente last year, has extended Its snpercarrier service to three mere US cities. Houston, New Orleans and Mobile will be linked to Los Angeles via the mini-land bridge. A snpercarrier loaves Asia every
      363 words
    • 621 20 CANADA: CP Rail's weekly barge service between Vancouver and Kitimat has been abandoned after two years of losses. The railway company leased the Northland Navigation Company service on a three-year basis, with option to purchase, but abandoned the service after two years. Far East-Europe: West German independent, Norasia
      621 words
    • 1579 20 The leading shipping lines operating from local Crts and the agents who handle cargo bookings r 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. Toe pier Schiflahrt
      1,579 words
  • Page 13 Advertisements
    • 474 13 TANK CLEANING ianv sue tjrtKe'si Whether you are sending it to the DOCKYARD 'or repairs the SCRAPYARD for scrapping or making a CONVERSION consult PIRAEUS MARINE SINGAPORE PTE LTD I RI) I\ I I A 11 m Orient Overseas CWIGJM&I Line T COmAItRgED SERVICE TO EUROPE (VU SUEZ) 'ft* Laltawa
      474 words
    • 399 13 JI3E SEALORI) LU ANTAJI H m ■H UASC UNITED ARAB SHIPPING CO (SAG) h ARABIAN GULF WEEKLY MULTIPURPOSE SERVICES^ BN HAYYAN Til Loading for Dubai (24/2), Kuwait (27/2), Dammam (1/3), Mina Qaboos (4/3) Doha (7/3) Mina Qaboos (20/3), Mina Al Fahal (23/3), Dubai (26/3), Abu Dhabi (29/3), Doha (1/4) FULLY
      399 words
    • 190 13 NEPTUNE ORIENT UNES LTD FAR EAST EUROPE EULtY CONTAINfRISED SERVICE K'H< WIV.E-Tta* Containers Feedered to/from F'stowe Aho accepting carjo to/fran Scamfinavia MERCATOR S pore Closini fines: FCL Carjo LCI Car(o 2100 2/2 0900 2/2 STRAITS AUSTRAIIA RO RO CONTAINER SERVICE A member o! the Anio Consortium TO AND FROM AUSTRALIA:
      190 words
    • 721 13 KYOBEI LINE JAPAN/SINGAPORE SERVICE See Page VI Column 3 for Sailings Agents KYOSEI AGENCIES (S) PTE. LTD. MARKETING 9111?? GtNEHAI 9.3111 A M su fUHO ASIA LINE SON BHD I 4?964 P KIANG *****1 •PEN£ NG *****/2 CONTAINER Schedules SHIPS In Pert SHIPPING List WORLD Services REGIONAL Weather WHO Act*
      721 words

  • Page 14 Advertisements
    • 626 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG ,'v MALA YSIAN HTFRNA TIONAL SHPPHG CORPORA HON BERHAD HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 Atoo full Barcelona. Genoa. 2) Amsterdam Antwerp. L.Havre. Bilbao. Basle. UK. 3) Bremen. Bremenhaven Aarhus. Copenhagen Helsinki 4) Malmo. Stockholm.
      626 words
    • 312 14 D» SUPERCARRIER SERVICE lirtirimSM WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA rtMMi kti BMSO TOM kCMESTHEIS 3-5/2 79/2 BAMER MM *10/2 BAMER PERSEUS *24/2 lb Relay FQ Minn wti rrwtt| CM 31-1/2 3/3 3/3 7/3 25/3 31/3 17/3 22/3 1/4 8/4 Mm Kceptaf Cmtwmn to CAMBEAN m
      312 words

  • Page 15 Advertisements
    • 785 15 STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Overseas M MM Containers Limited Weekly service to/from UK/Europe CONTUOSHP SO VICE TO UK/CONTMDfT: Containership Service To/From Bangkok Benaeon 4 fit Liverpool Bay 101 Tefcyo by 12 Feb Cardfcan Bay 18 Feb 20 I Toko Eipress 23 Feb 25 I
      785 words
    • 496 15 Franco Belgian Services (Far Fast French Service uith Btlgian Far Fasti rn Lines) it ace COnsqkiilm fuli aagHg »wa to tmgt A MCE WON Sailed MERCATOR 3 Feb 0 CHKP 14 Feb HA CONTAHER It Feb SUGAPORE P AELANG le Ha»re R dam H buf| Brent i 18 Feb 21
      496 words

  • Page 16 Advertisements
    • 904 16 Benaron Lmerpool Bar Cardigan Bay Tokio Eipress Cit» ot EtMwgh Kwama Mam Bremen Eipress Rtew Maru Hongkong Eipress BonaWer EXPRESS CONVENTIONAL TO ElUOff *'<?* »*> H-b», fktmen Rdam AnWp Wdeslwon 8 2 10 2 7/3 19 3 16 3 9 3 Ruessetaltton 17 2 19? 23 2 16 3 28
      904 words
    • 658 16 i VEGA 145W ALTAKI49W 6/9 Mar 10/13 Mar FM BUSAN BANGKOK ALTAIR 150E 6/9 Mar 10/13 Mar TO BUSAN PENANG CALL SUBItCT INDUCEMENT KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KS< AGENTS: SPORE CROWN MARINE CO (PTE) LTD
      658 words
    • 404 16 EVERGREEN LINE FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE P oo G i^? O J OR HAMBURG f I LI *STOM ROTTERDAM ANTWERP, IE HAVRE AISO ACCEPTWG CARGO EOR UNITED KHCDOM SOUTHAMPTON lONOON MANCHESTER BIRMINGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM r 11,1 S p T' •J*! 6
      404 words
    • 900 16 Everett Lines Burma Five Star Shipping Corpn. "BURMESE NATIONAL LINE" LOADING FOR RANGOON Sp»e Mtrfinc Pana* PHASAK6TAWYWA (Dsdurp* mtf) h (tk £»<»**« hi tot/2 FA /2P< 2/5 FA 7/j f* 'lijL/vr Compania Argentina Da Z lPlv»i Navagacion Intercontinental S. A. C.I. F Hf, "ARGENTINE NATIONAL LINE' 10ADMG FOR DURBAN. CAPETOWN,
      900 words
    • 714 16 mo.s.E. OCEAN SHIPPING 8 ENTERPRISES PTE LTD. 1 SANKYO LINE AUSTRALIA SERVICE P. Ketanf Singapore La P. Ketanf Seaport MAY SKY bt Port Sated MAY CW 13/15 to 10/12 Feb loadh| far: WIS, SYB. MEI SYD. MEI ADEL SAVANNA STAR KITI SAMUT OHKAWA MARU PALM GEIOAI AGENTS COHTWO BOOK* OCEAN
      714 words

  • Page 17 Advertisements
    • 731 17 L. PIL GROUP J, KOI* St NT OS* HOT* CANTOI Smgaoat 10 15 March PKelanj Ptnang EAST AFRICA/REDSEA SERVICE Dacessalaam Mombasa teddah, KOI* MENAH Hodeidah Port Sudan Datessaiaam Mombasa Hodeidah *o'* MTA MdJti foil Sudan *01* SENTQSA PKelang Penanj COLOMBO/KARACHI/P. GULF SERVICE Colombo. Karachi. Muscat KOTA TRNJR KOTA MA WW)
      731 words
    • 793 17 BEN LINE CONTAINERS EXPRESS CONTAINER SERVICE TO/FROM EUROPE TOEUMfE Bmawn Inerpael by Tefcyo Bay Card* an Bait toko Eipress City of (Mw|ti Kiaama Mara Bremen Eipress Mm Mara Honjkonj Eipress fromemmpe hburg shaven roam havre soton M it!many Austria Benelui France AH UK P Ketang S port Far: Tofcyo Bay
      793 words
    • 758 17 r Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE f yj v* i w 11: i i»i 7.\ 4 »yn i #i: :i»ir:r vj r i feeder trout p Re)wt (art d dale) BUNGA OAKIA 2/2 BUNGA PENAGA 9/2 BUNGA DAHLIA li 2 BUNGA PEHAGA 23/2 BUNGA DAHLIA 1/3 BUNGA PENAGA
      758 words
    • 739 17 BOUSTEAD SH,PP,NG AGENCIES U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) Sinf jport P Keiang Kuantan US GuM MASON LYKES (fech t loads) GdnlS/today Jan C Mar LOUISE LYKES «fech toads) 23/25 Feb U.S. WEST COAST SERVICE (Seattle, Tacoma, Vancouver 8.C., Portland, Longview, Longbeach, Los Angeles, San Francisco) Spore
      739 words

  • Page 18 Advertisements
    • 919 18 3 Kline KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA FEEDER VESSELS* I Vrad lapan »c« AlaiAa Mini Kiaotoe Maru Picrhc know tftawa Mara 10/3 20/3 Ne« leney Hani 4/3 28/3 Cater leeder MHis Jtw I<a4able an request Carjees aho acceptable to. Oakland. Vancou»e> Portland. Houston. Galveston. He. Orleait Boston. SI
      919 words
    • 666 18 E.C./GREAT LAKES SERVICE 10MMNG FOi: KM TOM. MOHfOLK. MONTREAL TORONTO ASHTABUA Penang P Keiang S«ifipo<t aa~ CALIFORNIA/PACIFIC NORTH WEST SERVICE lw*t tar: LOS ANGEIES, SAN FRANCISCO SEATTLE. TACORIA VANCOUVER BC. EXPRESS CONTAINER/CONVENTIONAL/ REEFER SERVICE Penang P K«un| n Fa* Singapore I Angeto lib ?7 M» AUSTRALIA SERVICE OUTMp YAWMS lOWK
      666 words
    • 852 18 O A (irouii SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR OCEAN BUILOING SINGAPORE 1 MARKETING *****2 (3 LINES) GENERAL 91 3111 114 LINES) TELEX RS ***** RS ***** A/8 CARSHIP CABLE CARGOSHIP ltc«|i«MUll Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK TURQUOISE BOUNTY tURQUORf BOUNTY TURQUOISE BOUNTY TURQUOISE BOUNTY TURQUOISE BOUNTY
      852 words
    • 729 18 GRANARD LINE RED SEA/MEDITERRANEAN SERVICE jpwe me M V MANSMGV 35W to Port M.V MAN CHEONG 27 Feb M.V MAN FUNG V.37W. 20 Mar acceptr* contakr cargo Fa owr M MAN CHEONG *2* 1 ftb S pore P Keiang Penjoj Loadhg for: ■to Jeddah/PSaid/Beirut Alexandria P Said/Aleiandria/Beirut P Said/Alejandna/Beirut/ Busan
      729 words
    • 641 18 munwiay, rfanuarv ill, 13M (PTE) LTD. Faber House. 234E Orchard Road. Singapore 9 Telephone *****11/*****57 Safe) In Port 9 Feb 13 Feb REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE Spore P. Kelang Perunj Loadng tar: SONDNB69 Saietf In Port NANTES/UK (AVON) ROTTERDAM PISTIS WB7O 9 Feb 13 Feb NANTES/UK (AVON)
      641 words

  • Page 19 Advertisements
    • 174 19 TRUCONTAINER EXPRESS INTERNATIONAL IS) 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 ffSS ICCU CONTAINER |||D FLEET lis MANAGEMENT
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    • 206 19 ZIK INTERNATIONAL FREIGHTWAYS PTE LTD 1 HK/JAPAN SERVICE PWMS PKUM6 WfING FUNG REEFER SERVICE TO WAN VtSSfl sro« penme KAISEI MARU In Port VESSEL TO MPOLE EAST P.KEUNS STOK ROTA UTU m Port PJIELMG PGUDMG STOK WWGWJNG m Port loadkif tar Kobe/Yokohama Loading for Bang kok. Kobe/ Yokohama Loading tor
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    • 167 19 paGSA LINE DIRECT CONVENTIONAL SERVICE TO AUSTRALIA S pore PKelang Loading for MV. PACIFIC AKRON... 11 Feb 9 Feb Brisbane/Syftwy (BuiH 1976) M.V. GSA 1 28 Mar 26 Mar Brisbane/Sydney »kvo« coo* wwrs GRANARO SUPPING AGENCIES (S) PTE LTD. Tot 2225#77 (5 Linn) P KeUng Dm TRAON6 SON BHD. Td
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    • 104 19 NOTICE STRAITS/ SOUTH AFRICA SHIPPING CONFERENCE FAR EAST/ EAST AFRICA FREIGHT CONFERENCE STRAITS/ SOMALIA FREIGHT AGREEMENT NOTICE TO SHIPPERS GENERAL FREIGHT INCREASE We refer to the Notice to Shippers dated 30th November 1979 concerning general freight increases to be implemented m the above Conferences/Freight Agreement from Ist Februory, 1980 Member
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  • Page 20 Advertisements
    • 120 20 THE TIMES ATLAS OF WORLD HISTORY presents the drama of World History in the arena of its action: the lands and seas of the world. This entirely new and authoritative work of reference combines the visual detail and excitement of an atlas with a full scale narrative of world history
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  • Page 20 Miscellaneous
    • 170 20 Regional Weather »< X VRBIO WO2J RAIN *r N VRBIO WOl RAIN a WOl FAIR WO2 RAIN 2 wo THUNDERSTORM t I K THUNDERSTORM THUNDERSTORM ii m ■■m 00, I m (ft ffi i < TQ Is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: Centre of
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