The Business Times, 15 February 1980

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES RLC(P) N*. IM/1/M PBIDAY, FEBBUABY It, MM 50 CENTS
    11 words
  • BRIEFLY...
    • 44 1 UPI BELGRADE, Thurs. President Josip Broz Tito's condition became "critical", an official medical bulletin said, and despite intensive treatment he still remained "very serious." This clearly signalled the approaching death of the 87-year-old leader and the start of the postTito era. UPI
      UPI  -  44 words
    • 50 1 AFP HONGKONG, Thurs. The stock market notched a seven-year high today with the Hang Seng index up 24 points to close at 961.21. Total turnover on the four exchanges was over HKJ3SO million. Brokers attributed the heavy trading to the traditional Chinese New Year spree. AFP
      AFP  -  50 words
    • 100 1 Reuter HONGKONG, Thurs. Given Hongkong's proven resilience, its economy can be expected to achieve a real growth rate of between 7 and 8 per cent in 1980, compared to an expected 12 per cent for 1979, the Hongkong and Shanghai Ranking Corp said in its latest quarterly economic
      Reuter  -  100 words
    • 85 1 AFP ISLAMABAD, Thurs. Soviet troops and equipment are continuing to pour into Afghanistan and are plunging even deeper into the countryside, correspondents in Kabul have reported. Significant numbers are some 90 kms from the Khyber Pass, the historic route leading into Pakistan, and Afghanistan regions bordering the
      AFP  -  85 words
    • 94 1 Reuter TOKYO, Thurs. Japan's International Trade and Industry Minister, Yoshitake Sasaki, today urged major Japanese trading houses to expand their exports to help offset the increased value of imports caused by higher crude oil prices. Mr Sasaki, addressing the heads of 17 major Japanese trading houses, said
      Reuter  -  94 words
    • 60 1 Reuter, AP LONDON, Thurs. The afternoon gold fixing here of U*****.00 a troy ounce was down from $688.00 at the morning fixing, and down from $696.75 at yesterday afternoon's fixing. In HONGKONG, the international gold price closed easier at US$6Bl/85 an ounce, compared with the previous finish of
      Reuter,; AP  -  60 words
    • 54 1 AP NEW YORK, Thurs. The stock market was mixed this morning. The Dow Jones average of 30 industrials, which closed Wednesday at a 17-month peak, dropped back 2.13 to 901.71 in the first half hour. Gainers and losers were evenly balanced in the broad tally of New York
      AP  -  54 words
  • Chief Price Changes
    • 137 1 Rises Kg Lanjut 400 62 O Keramat 1270 40 New Serendab ♦30 38 Oriental HMga 350 28 Perlia Plant 336 26 O C B C 855 25 Selangor Dredg 590 25 Keck Seng 400 24 Inch Kenneth 1400 20 Sungei Beai 1400 20 Boustead 478 16 Rothmana 460 16 Falls
      137 words
    • Article, Illustration
      164 1 Rises Indices D Keramat 1310 100 B.T.Index: Feb 13 Feb 14 Sg Besi 1500 +80 6426.65 6510.16 A Hi tarn (T) 1590 +50 Industrials: 518.15 523.29 Malayan (T) 3050 +50 Finance: 719.59 769.78 Rahman Hyd 700 +35 Hotels: 327.40 327.23 Tongkah 460 34 Properties: 375.36 378.37 Talam 300
      164 words
  • 480 1  -  FAILURE TO MEET PAYMENTS By CATHERINE ONG THE current wild fluctuations in rubber prices have taken their toll on one of the largest rubber broking firms in Singapore, Malaysia Brokers (1963) Pte Ltd. The firm was yesterday declared to be in default by the management committee
    480 words
  • 327 1 SINGAPORE Airlines (SIA) has failed to convince British Airways (BA) on the viability of jointly offering a freighter service between Singapore and London during a recent meeting. However, BA officials have agreed to meet SIA again to discuss the matter further. The idea of operating a weekly
    327 words
  • 77 1 RUBBER etaserf Aanhr lower Mfe stanoin and Kaala Uuv afteralufe Wmee Ike pmlMtef.li SUgapare, Mare* Qm 888 bayers were sasted aMBMt prevtw e>—e. Tekye Uvteet, stale ball ■jilleflii"" lai "Vptlßdwl'" hiil reteaae ef Iraalaa hestsgea. -r—later aai steadied fear eeate after Ike eieae ea pre-Ckknae New Yeareee«ta.
    77 words
  • 474 1  -  By WANG LOOK KEAH THE French government has approved in principle the setting up of a Singapore-French technical institute here. This decision was based on favourable report filed by two French experts after their feasibility study of the project. An officer from the French Foreign Affairs Ministry
    474 words
  • 334 1  -  By CHOO AI LENG CHARTERED Industries of Singapore and Singapore Automotive Engineering have Joined hands to set up the Singapore Computer Systems (SCS) to offer computer services to the private sector. The two governmentowned bodies incorporated the company on Jan 7 with an authorised capital of million.
    334 words
  • 212 1 UNITED hMrill Overseas nilMij (UlOfl) to Mr to s at tlia to aaafce u uMaottouJ tihiwr Carparattoa (UK), Ilavtag QfLfJirnd ftWai |4 bm Mai ef Ike totter*a toaaed MfitoL Wltkla 1« toyi An It Oral a knitted Ike settee ef takeever effer, UMWb
    212 words
  • 336 1  -  By JOHN LIM THE FUTURE of about 500 workers at ITT Singapore is now certain they will be losing their Jobs soon. A rumour going around local electronics circles early this month of the pull-out by the consumer electronics division of the company is now
    336 words
  • Page 1 Advertisements

  • TRADE AND INDUSTRY
    • 310 2 A CASE brought to the Industrial Arbitration Court (lAC) by the Singapore Industrial Labour Organisation (SILO), over an employer's refusal to implement the 1978 National Wages Council recommendation, has been adjourned. The case, against Kwong Soon Engineering, came up for hearing yesterday but was
      310 words
    • 204 2 A DUTCH engineering works is manufacturing reinforced polyester cabins which can be used for building cranes, cargo handling cranes and straddle carriers. The cabin structure consists of 3 to 4 mm thick polyester walls with steel and timber reinforcement and sandwich panel floors. The cabin
      204 words
    • 59 2 SINTAT Rent-a-Car has relocated its Singapore main office to the Overseas Union Bank Building, Collyer Quay. The company now has five outlets that ftre adequately spread out to cover die main business zones. Besides the Collyer Quay office, the other four outlets are at Lucky Plaza,
      59 words
    • 490 2  -  By HSUNG BEE HWA THE NUMBER of compa- nies approaching the National Productivity Board's Low-cost Automation Unit has increased sharply since the second half of last year. This is an encouraging sign as the Government has been urging employers to increase their efficiency, through
      490 words
    • 242 2 Hill Knowlton takeover J WALTER Iteaipaaa Csaipaay ui Hill Mi KmwUm will eeattoae to wwk m HtoMMM eattttes evea after the aeqahdttoa ef Hill aai Kaewttoa by J Walter 1 Mr BBeiaeeke, speaking (er J Walter Tknmptn to fTtofim. said be eipeeto greater eeeperattoa totww the twe rtmparin, hat Mii
      242 words
    • 180 2 "PANORAMIC masts" will be to forklift trucks what the wrap-around windscreen is to motorcars. This optional attachment promises to be the best solution to improving forklift-operator visibility. It will, said Mitsubishi who manufactures these attachments, increase productivity as good visibility reduces the physical effort
      180 words
    • 490 2 THE GOVERNMENT has not ploughed back sufficient funds from the road tax collected to improving our roads, building additional flyovers and by-pass roads to relieve traffic congestion tiiiy accusation by Mr Milton Tan, president of the Automobile Association of Singapore, was
      490 words
    • 689 2 COURSES AND TALKS Feb 4-29: Course for School Inspectors, RELC, Ministry of Education Feb IS: Technical Tali, RELC, Singapore Manufacturing Engineers Feb 22: Technical Talk, RELC, Singapore Manufacturing Engineers Feb 26: Technical Talk, RELC, Singapore Manufacturing Engineers Feb 28: Quality Control Circle Meeting, RELC, SQRA Feb 28-29: Computer
      689 words
  • Page 2 Advertisements
    • 689 2 V The Wolf Children Charles Maclean Charles Maclean's intriguing book unearths the historical evidence about the wolfchildren, Kamala and Amala, and their eccentric deliverer, the Reverend Singh. He examines the missionary's diaries, life in the orphanage, the way the sensational story spread and the problems of establishing the truth about
      689 words
    • 3 2 Leader Page I
      3 words

  • REGIONAL
    • 180 3 Reuter JAPAN'S declared and approved imports in January rose 9.9 per cent to U5514.25 billion from 112.96 billion in December, and up 75.9 per cent from $8.10 billion a year ago, the International Trade and Industry Ministry said. The ministry said the value of
      Reuter  -  180 words
    • 164 3 AFP MEMBERS of a delegation of seven Indian businessmen are interested in setting up large scale- joint-venture projects with Malaysians, particularly in downstream palm oil and rubber projects. The delegation from the Bharat Chamber of Commerce in Calcutta, led by its president Raghu Mody,
      AFP  -  164 words
    • 66 3 AFP SENIOR American officials said that Thailand would continue to get assistance to cope with the pressure of being a frontline state. The statement was made in Bangkok on Wednesday by US Assistant Secretary of State for East Asian and Pacific Affairs Richard Holbrooke and Admiral Robert
      AFP  -  66 words
    • 257 3 UPI SOVIET Foreign Minister Andrei Gromyko left yesterday after failing to persuade India, one of the leading voices in the Third World, of Moscow's right to intervene in Afghanistan. Mr Gromyko also turned down a request from Trwtin to set a timetable for the withdrawal of
      UPI  -  257 words
    • 294 3 THE question of bumiputra participation in Malaysia's economy will continue to be the main topic of discussion at the Umno General Assembly in July. Umno secretary-general, Senator Datuk Haji Mustaffa Jabbar, also said the Soviet Union's intervention in Afghanistan and the conflict in Kampuchea are
      294 words
    • 144 3 AFP FORMER Kampuchean leader Prince Norodom Sihanouk said he expects his solution for his troubled homeland's problems will win the support of the United States, Japan and Asean by 1981. At a news conference in Paris on Tuesday, a week before leaving on a world
      AFP  -  144 words
    • THE REGION IN BRIEF
      • 525 3 Agencies THE Indonesian government has slapped a ban on the import and operation in the country of aircraft and helicopters of the types now being assembled or about to be assembled by Indonesia. A presidential instruction lists the prohibited types as those identical with or having
        Agencies  -  525 words
    • 155 3 AFP TWO members of the third Cabinet of Thai Premier Kriangsak Chomanao have been asked by their party chief to resign, only three days after the formation of the new Cabinet. The two men, both members of the Seritham (Democratic) Party and ministers attached to the
      AFP  -  155 words
    • 38 3 AFP THE Japanese government has signed the Japan-Philip-pines taxation convention, a treaty to avoid double taxation on each other's enterprises. The convention was initialled by the government's of the two countries in December last year. AFP.
      AFP  -  38 words
    • 231 3 Reuter SOUTH Korea expects 3 to 5 per cent ecooomic growth this year compared with 7.1 per cent in 1979, and a business recovery abroad could lead to 7 to 8 per cent growth in 1961, the Economic Planning Board said. The board's 1980 economic
      Reuter  -  231 words
    • 242 3 AFP INDIAN Minister for Commerce and Civil Supplies Pranab Kumar Mukherjee has called for a limited cooperation with transnational corporations for promoting exports from the developing countries and also imparting adequate marketing technology to them. Mr Mukherjee, who was delivering the valedictory address at the end of the
      AFP  -  242 words
    • 202 3 Reuter TAIWAN'S consumer prices rose 3.84 per cent in January from 0.82 per cent in December and 3.84 per cent in January 1979, while wholesale prices rose 6.85 per cent from 2.94 per cent and 6.25 per cent, a Directorate General of Budget, Accounting
      Reuter  -  202 words
  • Page 3 Advertisements
    • 140 3 The harvest of success Every man s success comes after many years of toil and sweat, and is manifested in his vast acquisitior of wealth and power. No other car is a more fitting complement to his harvest of success than the Mercedes-Benz. The car that has been perfected over
      140 words

  • RAW MATERIALS
    • 667 4 Reuter REPRESENTATIVES of producing members of the International Tin Agreement (ITA) met in Chiang Mai yesterday to discuss their negotiating brief ahead of their three-day ministerial meeting which opens today. Principal objectives of the brief are retention of export controls, redistribution of voting rights, compulsory cash
      Reuter  -  667 words
    • 273 4 U.S. AGRICULTURE Secretary Bob Bergland predicted strengthening sugar prices over the next three to four years. He told a meeting of food industry officials that Usda expected sugar prices to reach US 40 cents a pound in two or three years, but said be
      273 words
    • 215 4 -FP SILVER, gold and oil are, in that order, the raw materials whose prices increased most last year, monthly statistics published by the International Monetary Fund (IMF) have shown. The IMF said that the wholesale index of the leading raw materials (calculated on
      -FP  -  215 words
    • 126 4 WORLD wheat consumption in the 1980s could expand by 100 or even 150 million tonnes to 500-550 million tonnes, with much of the steady expansion coining from developing countries, the International Wheat Council (IWC) forecast in a special report on the next decade. Given that the "world economic
      126 words
    • 94 4 MALAYSIA'S 1980 crude palm oil production is forecast at 2.4 million tonnes, up from 2.18 million estimated for 1979, while processed palm oil exports are expected to increase to 1.85 million tonnes from 1.54 million, the US Agriculture Department's attache in Kuala Lumpur said in a field report.
      94 words
    • 109 4 JAMES STONE, chairman of the US Commodity Futures Trading Commission, was scheduled to begin three days of talks yesterday with British officials on the CFTC's proposed regulations on foreign traders using US futures markets. The British government, which invited Mr Stone for the discussions, has
      109 words
    • 68 4 THE Straits di price in Penang yesterday rane BUI to per picul, to stead $241 above the literit* ti—il TIB Agreement ceiling, dealers said. lie rise was mainly attributed to smaller turnover, with farther sustained baying (ram the US, Japan, Europe and botfly helping the market.' Total turnover
      68 words
    • 39 4 Rubber: Feb 14 Singapore: March: 389.00 cents (down 16 cents) Malaysia: March: 393.00 cents (down 17.00 cents) Tin: M 52,190 (up $9) (equivalent to $36.21 per kilo) (up 15 cents) Official offering: 153 tonnes (down 172 tonnes)
      39 words
    • 412 4 THE SINGAPORE market yesterday closed sharply lower with March One RSS buyers quoted at 389.00 cents per kOo, down 16 cents from Wednesday's close, dealers said. Morning prices were marked down about 16 cents on easier London and Tokyo advices, stale bull liquidation and following President Carter's statement of
      412 words
    • 315 4 R. AS. prices In cents per kUo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt f.o.b. SB 00 387.00N Int. 1 R.S.S. March 3M.00 388.00 Int. 1 RSS April 411.00 413 00 Int. 2 R.S.S. 381.00 362.00N UK/Coat 380.00 3000N Int. 3 R S S. 358.00
      315 words
    • 115 4 NOON SSI It «M 8MR pricn April (Parwart Bmymrm 0# Mar (Carnal Barer* 1 tfc t Mtk) lallars Mlk) Id SSR 20 SSR SO MRKLB < 1 -toe pallx (1-tOB pall* 0 338.00 1) 333.00 Matafc 338.00N 335.00N 340.00 336.00 April *****N 337 OON SMRCV SMR L
      115 words
    • 828 4 COCOA: Futures ended a fairly lengthy firxt call £12 to £7 per tonne tower partly influenced by New York. Dealers said some of the selling could have entailed belated hedging against Wednesday's origin sales while speculative interest from both sides was an overspill from other volatile and fast
      828 words
    • 247 4 aniOAPOBE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.98, 100 per cest second class 0.83, 100 per cent third class 0.81, 25 per cent new crop no stock, B-10 per cent 0.10. 4 THAI BROKEN: A-super 0.63. Special
      247 words
    • 134 4 CONDITIONS weakened yesterday in Kuala Lumpur on further disposals of the balance for February ahead of the Chinese New Year, dealers said. In the northern and central region, February eased Mslo each to $1,120 and 11,125 per tonne, respectively, while the southern region was unchanged at $1,130. The
      134 words
    • 154 4 CHINESE Praiaee Exchange, fflippirf, etoalag prices per pfteal yesterday: Ciewt all: Bulk $107 sellers, old drum 1113 sellers, new drum $117 sellers. Capra: Mixed (loose) UK/ Cont $65.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $335.00 sellers, Sarawak white fob 96% NLW $320.00 sellers, Sarawak special black
      154 words
    • 142 4 CHICAGO Board of Trade soybean futures closed 1V« cents to Vt cent a bushel firmer on Wednesday, ending a session of choppy trade that saw prices trade in a narrow range on both sides of Tuesday's close. Crusher buying by commercials firmed prices across the board late in the
      142 words
    • 87 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from February 14, until further notice: Bitter: 352'/, cents a kilo; Cspra: M|1,0C.82 s tonne; Pala kernel: $955.75 a tonne; Whtoe pepper: $4,732.55 s tonne; ■ack pepper: $3,313.88 a tonne; The rates of duty payable are:
      87 words
    • 80 4 CHICAGO Board of Trade wheat futures closed 7V4 to s'/i cents a bushel lower on Wednesday. Heavy selling by an exporter combined with local and professional long liquidation drove wheat prices lower. The exporter was said to have sold about seven million bushels of wheat in several contracts, traders
      80 words
  • ASIAN STOCKS
    • 539 4 TOKYO Source: DBS-Daiwa LARGE-CAPITALISATION issues were the highlight of yesterday's market owing to continual buying by foreign institutional investors. Kobe Steel gained Y7 to YlB2 because of its coal liquefaction plan in Australia and its large share of the titanium market. Nippon Steel went up Y4 to Y135;
      Source: DBS-Daiwa  -  539 words
    • 394 4 Source: SHK Sec LOCAL operators took the opportunity to buy shares in force yesterday, taking advantage of not having to settle until after Chinese New Year. Prices were better from the opening and with good overseas and local institutional demand, shares moved up sharply in active trade. Virtually all
      Source: SHK Sec  -  394 words
    • 397 4 STOCK price* firmed yesterday prompted by «peculation that the Ashton Joint venture consortium had decided to go ahead with the commercial development of its Lake Argyle diamond prospect, dealers said. CRA, a major shareholder In the diamond venture, was up 40 cents to A|7.10, while Ashton dosed at 8.45,
      397 words
    • 147 4 THE MARKET firmed yesterday across the board, dealers said. Acoje Mining, Benguet Con B, Lepanto B, Marinduque B, Philex B, Oriental B, Pogei, Pioneer, Seafront, BF Goodrich, San Miguel B and Vulcan firmed while only Basic Petroleum and Ist Phil Hldgs fell. KKU 14 Pesos Arojr Mining 0082 *****
      147 words
    • 225 4 SPECULATIVE stocks led the market higher yesterday, but turnover was low, dealers said. 1KB 14 Bahu Amj iYhJii A*l» Kibfr Ayuthaya Inv And Trust Bungkok InvrMmrnl 1T2 Bangkok Bank m ♦2 Bangkok Uryinc And HUo Bangkok lnaurancr Bangkok MrvroPutilan Ban 400 -14 Bangkok Nylon Bank Or Aua Bank Of
      225 words
    • 50 4 FINANCIAL THUS INDUSTRIALS Wednesday 478J £i«sday 4WJ Week bco 45ft.fi DOW JONH average industrials Wednesday -909J4 Tuesday M&96 Week a«o MISS HJLHANG 8KNG Thursday *101 Wednesday 897.34 Week a«o fin* SYDNEY INDUSTRIALS Thursday. «77.74 Wednesday mnst Week a«o —M7-9B ALL ORDINARIRS Thursday 947.47 Wednesday —(MR Week ago MLfie
      50 words
  • Page 4 Advertisements
    • 281 4 YEO HIAP SENG LIMITED (Incorporated in Singapore) Mona or annual Co«uu.MirnMC NOTICE IS HEREBY GIVEN that tht Twenty-fourth Annual Ganaral Meeting of the Compeny wiM be held at 11th Floor. Shing K wan Houaa. 4 Shanton Way. Singapora 0106 at 12 noon on Monday. 10 March 1960 for tha following
      281 words

  • OVERSEAS
    • 387 5 AP A REUNIFICATION of Opec oil prices, which some major producers believe would bring order to the current chaotic market conditions, will not come about immediately although it might occur by mid-year Saudi Arabian Oil Minister Sheikh Ahmed Zakl Yamani said. Sheikh
      AP  -  387 words
    • 171 5 Reuter A PALL in imports by the oil exporting countries from Western industrialised nations last year hit West Germany more than most of its partners, the German Economic Institute said. Exports by member states of the Organisation for Economic Cooperation and Development (OECD) to those of the
      Reuter  -  171 words
    • 614 5 Reuter PRESIDENT Carter has voiced support for a United Nations-sponsored plan for an international commission to air Iran's grievances and reported positive signs in moves to free American hostages in Teheran. But the President said that he would not go into details because of
      Reuter  -  614 words
    • 379 5 AP AFP Reuter PRESIDENT Carter said the United States was willing to consider seriously any request for aid from Yugoslavia if it were threatened by the Soviet Union during a leadership changeover. Commenting on possible instability in Yugoslavia because of the declining health of President Tito, Mr
      AP; AFP; Reuter  -  379 words
    • 774 5 ARRIVALS Service Local Operator Number Tine From PAA PA006 0125 NY/SPO/HKG TMA TL345 0630 BEY/BAH/BOM MAS MH601 0700 KUL MAS MH682 0710 KCH SIA SQ528 0750 DHA SIA SQ101 0815 KUL MAS MH621 0640 PEN MAS MH607 0845 KUL RBA BI421 0830 BWN MAS MH671 0945 PEN/KUL
      774 words
    • 274 5 Reuter THE European Economic Community (EEC) commission yesterday put revised budget proposals before the European parliament in a new attempt to break the deadlock over EEC spending in 1960. The new figures, agreed by the commission in Strasbourg on Tuesday, cut spending on guaranteed prices
      Reuter  -  274 words
    • 118 5 Reuter RHODESIA'S dwindling white minority was scheduled to vote yesterday in its final election before Britain's last African colony attains lawful independence under a blade majority government. The country's 200,000-plus whites will have only 20 of the 100 seats in the independence Parliament and, stripped of blocking powers,
      Reuter  -  118 words
    • 212 5 Reuter SOCIETA Pneumatic! Pirelli Spazan, tyre subsidiary of the Pirelli Spa group, announced a new fuel saving radial car tyre which it said can cut petrol consumption by around 4 per cent. Product director Piero Sierra said the tyre is being tested by leading
      Reuter  -  212 words
    • WORLD IN BRIEF
      • 399 5 Agencies THE EEC should tax oil imports to pay for developing alternative energy sources, EEC Energy Commissioner Guido Brunner told the European Parliament. He said US$l.5 billion a year could be raised by a tax of $2.80 a tonne on oil imports and on domestic production,
        Agencies  -  399 words
    • 253 5 AFP, Reuter INFLATION in leading Western countries rose from an average of 8.4 per cent in 1978 to 12 per cent last year an increase of more than 40 per cent, according to figures published by the Organisation for Economic Cooperation and Development (OECD).
      AFP,; Reuter  -  253 words
    • 160 5 Reuter BRITISH industrial production fell a provisional 1.8 per cent in December, with the All Industries Index put at 111.9, base 1975, from an upward revised 114.0 in November, Central Statistical Office figures show. The index of all industries except North Sea oil activities fell
      Reuter  -  160 words
    • SPORTS
      • 664 5 Reuter AP THE GAMES of the XDI Winter Olympics opened on Wednesday under overcast skies and wind-swept temperatures with the traditional parade of 1,300 athletes spreading a sea of colour across the Olympic Stadium constructed on the outskirts of the adirondack mountain ski resort of Lake
        Reuter; AP; UPI picture  -  664 words
      • 86 5 AP INTERNATIONAL Olympic Committee president Lord K Ill—la may gs to M—cow aad personally ask Soviet President If nM Brwlmw to remove Rnsriaa troops tram ftfgaatstaa to easare normal Summer Games, the Lm Amgeh* Tbmm reported yesterday. Same senior lOC members toM the newspaper that Lsrd Klllaaia
        AP  -  86 words
  • Page 5 Advertisements
    • 84 5 Bank of America shows more interest in your money. Especially money on Fixed Deposits NowB!4%p.aforl month* 8 Va p.a. for 3 months 8 1 /e p.a for 6& 9 months B%p.a.for 12 months min.: $25,000) If you're interested in more interest on your money contact our New Accounts Officers at
      84 words

  • 471 6 THE AUTOMOBILE Association of Singapore's criticism of the recent increases in road tax is predictable though untenable on economic considerations. The object of the recent changes is plainly the reduction of the number of cars on the roads. By making it more expensive to
    471 words
  • 265 6 IT IS always a bit of a rude shock to hear about retrenchments, the shut down of factories and a pull out by foreign investors. Visions of unemployment queues, dole lines and other manifestations of economic decline begin to hover in the mind's eye. But in
    265 words
  • 793 6  -  By TOM HENE GHAN Reuter BILLOWING flames hundreds of metres high roar day and night around the globe burning off one of the world's most underrated forms of energy. The fires, which blaze wherever oil can be found, flare away
    Reuter  -  793 words
  • 65 6  -  Latter to the Editor Miss Chia Tin Keng Dear Bir As the winner of your "Brain Teaser* contest, I would like to know how to collect the prize money. Your earliest reply will be appreciated. Thank you. Tews faithfully, Editor: Please come to our fourth floor office, at
    65 words
  • 1439 6  -  Tractors and other kinds of agricultural machinery now account tor nearly 45 per cent of Kubota's annual sales of over 500 billion yen. Kubota, reports CHARLES SMITH, shares the success of giants such as Mitsubishi. CHARLES SMITH FT ONE OF the latest Western industries
    FT  -  1,439 words
  • Page 6 Advertisements
    • 275 6 Wfe have a history of making moneygrow j&L Lombard North Central is part of j^QqlW'? one of the world's largest banking groups and we have a history whicHMnf 5 M covers more than 100 years. 7?C)£M W r We offer a range of deposit schemes which will produce maximum interest
      275 words
  • Page 6 Miscellaneous
    • 1106 6 f tv&radio Sherlock Holmes in NY A MUR tar nl □UK, ißlri Msg f M mhUm of hrisOeal the ~rnmeh Uiiirirtiil Mi the "lave" to lin Tim. la Part ZB an SC33I 3p£S ~05 of the Fri tad Ike try ta the way to (na the rrtl'chrtehea of SINGAPORE 5
      1,106 words

  • 1418 7  -  Not poaching... V There is no warning beat k of tom-toms to signal the advance of headhunters through the executive jungle. Just be prepared for that discreet phone-call and invitation to lunch the headhunters may be after you. BY MARGARET THOMAS THERE IS NO warning
    1,418 words
  • 397 7 THE SANYO factory in Tokyo seemed to have found a simple way of coaxing more work out of their hands. Hung up in a prominent position is a pacer machine which registers on its face an up-to-the-moment production figure in the factory matched with the time.
    397 words
  • 854 7  -  FORUM J with QUEK PECK LIM SKILLS development is all the rage these days as more and more companies queue up to take advantage of public funds to educate their workers for a higher place on the technology ladder. But the rush to learn and to
    854 words
  • Page 7 Advertisements
    • 124 7 TAX HAVENS Tax Havens where are they How can they be used How can you cut your taxes by using them These are just some of the questions which are answered in this valuable guide. 1 '*3. j&PtK •^5 fI ••V •IS f ESSE? -1 *0* ■W' TAX HM ENS
      124 words
  • Page 7 Miscellaneous

  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • 271 8 FEB 13 Frs CORBEILLE Air-Liquid* SOD unch B S N Gerva is Danone 1061 C S F (ThomsonCtt) 554 -S Cie Francalse des Prtroles zae 11 C'ompagnle KintncKre Compacntc General* 382 2 Credit f oncier De France 471 2 Hachetle (Llbrairie). _1 253 50 3 Machines Bull 71 75
        271 words
      • 75 8 KEB 13 Frs FORWARD MARKET 318 2230 -80 MO 24 002 4 1650 1202 •4 Cock 335 -6 3*70 17 Ebts 2170 Eleclrobel 5810 -40 Gb-Inno-Bm 2000 30 G*v 888 3180 30 4290 10 2565 +5 Sidro 1242 22 Soc Gen Brig 1710 15 3440 -55 Sotvay A 2380
        75 words
      • 200 8 FEB 13 Dm Aef-Telcfunken 38.TO +1.7 Akio 2360B Allz Leben «Bnrm A1U Vers 382oo 2 BASF ***** S.l Bay H T WDank HUO OJ Bay VDank 3T7.00 H"v.r nana 3J hut 290 JO 1J BMW ***** Cassella Cheat Verw 325 00 200 00 unch Commenbank Con 11 Oumm Daimler-Ben*
        200 words
      • 196 8 h KB 13 ru ABN 296 00 -2J Ahold 19 JO 03 Akxo 26 00 0.6 AMEV 96 00 Amfu U0J0 -0.5 Antro Bank 62.90 44 Bertou 43.50 08 99.00 13 B«t» 50.60 -0.6 Bof»umg 164 SO 2.5 Burftmann 62 10 0.1 Byrnkorf 61 00 0.5 Ca»w Delft 164
        196 words
      • 179 8 FEB 13 Francs Actions Suisses 397 4-1 Alusuisse Br 1340 unci) Alusuisae Reg Brown Bo*ert Br 407 iaoo -2 -15 Clb« Oelfj Br 1300 10 C1b» Oelgjr PC <00 unch Clba Gelgy Rm Credit Suisse Br 606 -4 Credit Suisse Ret 447 unch Elektrowstl Br 2375 75 Ororgt Fischer
        179 words
      • 90 8 FEB IS Lire Ante aw -0 25 Amoc Gen ***** 160 Rutofi m -IS Cenlrale 8000 205 Fill 1942 2 Kinsider 91 2 Ofn Immob 6875 -0.25 m Prt 2490 50 luirfmrnu 2)005 25 llalfas 106 15 Italsuler 244 3.5 Ma«nru M PI 500 t Mirelli Ere 381 50
        90 words
    • 1183 8 NEW YORK STRONG institutional demand for stocks lifted prices In very heavy trading on Wednesday as the outlook for resolution to the Iranian hostage crisis apparently improved. Iranian Prtsichut Bani-Sadr said AyatoUah Khometny hacked a secret plan for gaining release of the hostages. The news lent
      1,183 words
    • 188 8 FEB 13 C* Abiubl 23'. Alnn TO'. Alcoma XI unch Bank Mont unch Bank Nova ScoUa Bell Tel IT. ,t B BeUi Corp BP Can Lid -1«* Braican 27 1 1 Camp Red Lake 37*. •I'I Can Imp Bk a>. Canpar Canpac ln» Pf canine unch Cominco w* j
      188 words
  • Page 8 Advertisements
    • 249 8 Where to wine, dine and entertain Trade C you mus Delectable local dishes and Western lunches set in daintily stylish Scandinavian decor. Popular SELF-SERVICE lunch daiJy. From 10.30 am to 3.00pm and snacks from 3.00pm spm You've got to try it to believe! Fabulous harbour view St DO Sentosa isle
      249 words
    • 86 8 if For drinking. For dancing. For delightful evenings. /Music by Ricchus Intcnhitiothii of I.on Jon It < t V IHI K f>. Rl S\/ >/ S > > > A k H'j «'ii(iii I 'mk Slkiiill ii i.Si i 11 M tit fP (Stub f HUGOS BUSINESS LUNCH g| Hors
      86 words
    • 145 8 22 Sen-Food prepared by our exclusive Thai Chefs It's the talk of the towiv 1 i m. Mi 4 m s t VA 0) hi HNa a Merlin's unique Disco Qub of the 80's. Experience its wizardry in light, sound and show spectaculars completely turning the disco scene into a
      145 words
    • 111 8 Salay, Sunday, Monday...every day People reckon we have tht best Satdy this side of the club Another specialty is the selection of typically Cantones favourites And of course. ou r very okm Flavours Singapore The com'on and serenity o* Hip s And Hilton style Hin's Top of the Hilton Lunch
      111 words
    • 3 8 I¥ kMK!* a
      3 words

  • BANKING AND FINANCE
    • 333 9 YET another North American bank has established a merchant banking subsidiary in .Singapore. The Bank of Nova Scotia (Asia) Ltd was incorporated on July 26 last year and started business a month later, with a full merchant banking license as well as an
      333 words
    • 427 9 AMEX Ada aid it will provide a US$35 million, sevenyear loan to PT International Timber Corp Indonesia at 2 per cent over Singapore interbank offered rate, to finance industrialisation of its logging operations in Balikpapan, East Kalimantan. The bank said the plan called for doubling the corporation's sawmill
      427 words
    • 163 9 Westdeutsche Landesbank Girozentrale (West LB) achieved a wholly satisfactory result for 1979, managing board chairman Johannes Voelling said. He said the parent bank's interest surplus last year was 8 per cent down on 1978 as a result of Bundesbank efforts to harness the money
      163 words
    • 248 9 THE UK government will withdraw the refinancing facility provided by the Export Credit Guarantee Department (ECGD) for fixed rate sterling export credits of two years or more, effective from April 1, Trade Minister Cecil Parkinson told Parliament. Mr Parkinson said the withdrawal would result
      248 words
    • 77 9 THAI commodities firms are petitioning the government to lift its recently imposed ban on gold futures trading. The ban was imposed from February 6 under an order issued by Prime Minister and the then finance minister Kriangsak Chomanan. It outlawed trading in futures either directly
      77 words
    • 339 9 BANK of Japan governor Haruo Maekawa said the bank will maintain its tight money policy to help curb rising domestic prices. Mr Maekawa said that Japan's current account deficit will continue to narrow, although it will still show a considerable deficit in 13».
      339 words
    • 245 9 A REVERSAL of the upward trend in Swiss capital market interest rates is possible for the first time in twelve months, capital market sources said. A strong recovery in the bond market has been surprisingly sustained since it started at the beginning of the month and
      245 words
    • 581 9 BANKERS see the Korea Exchange Bank'* planned US$3OO million loaa, Korea's first entry into the Asian syndicated loans market this year, as a test of world hanking confidence in the country. The bank is seeking an eight year loan at 0.75 per cent over Libor for
      581 words
    • 150 9 STRONG international demand for Sanwa Bank Ltd'* US$25 million tame of threeyear floating rate negotiable certificates of deposit (FRCD) ha* resulted in widespread placement of the paper. The CDs, which carry an interest of V* per cent above the Singapore interbank offered rate, was lead-man-aged by Merrill
      150 words
    • 392 9 JAPAN'S acute sensitivity towards trade oil and price news will keep the yen moving in a volatile fashion against the US dollar in the near term. But modest support intervention by the authorities at the 240-yen level will restrict the fluctuations within the present range of
      392 words
  • MONEY AND EXCHANGE$
    • 319 9 GOLD futures in Singapore yesterday closed easier, compared with the New York US$6B5/90 close, ahead of the lunar year holidays, dealers said. Total turnover was 116 lots including 31 lots for kerbs. Interest centred on April and June contracts, they said. President Carter's statement of positive signs in securing
      319 words
    • 266 9 THE YEN opened weak yesterday at 243.05/15 to the US dollar compared with 242.60/75 in late Hongkong trading and 242.00/10 at Wednesday's close, dealers said. It continued to slide in active early trading, touching a low of 243.50/60 before stabilising around 243.20/30. Dealers said heavy dollar purchases in Tokyo
      266 words
    • 317 9 FEB 13 Rand INDUSTRIALS A Alpha 285 43 Abercom 310 -15 AE And CI 690 unch AMIC 2475 Barlows flgO 25 Cg Sugar I'NA 400 UACh Currie Finance 165 unch Df B»frs Ind 2400B Edcon 530 •5 Edgars ftOOO Eve ready Ked Volk 450 5 Kugit 170 5
      317 words
    • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their beat customers is 10.5 per cent.
      22 words
    • 144 9 THE Hongkong dollar yesterday steadied at lower levels to be quoted at 4.8930/ 80 to the US unit from 4.8980/30 in the early afternoon and a 4.8710/60 close here on Wednesday night, dealers said. Dealers attributed the local currency's decline to easier lofcal overnight money market rates and to
      144 words
    • 105 9 THE U.S. dollar for overnight delivery closed firmer at 242.50 yen yesterday, compared with a 242.00 opening and 241.90 at Wednesday's close despite active central bank yen-sup-port intervention, dealers said. Trading was heavy with volume of US$9ll million. The Bank of Japan sold an estimated $70 million to $120
      105 words
    • 165 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Feb 14: U8 Mkn^Spt) s3333J ISIilil 14 1/16 14% 14 8/16 14V. 14V. 14% 14 9/16 BwTn. (MiMk 1315/16 14% 147/16 14H 14% 14% 147/16 Dm. Titan) 1 month 3 months 6 months 12 months 4 3/16 4% 4%
      165 words
    • 43 9 RANGE o( pita offered by discount bouti am Feb 14: Overnight: Call deposits: CM to (V<% 3-month Treasury bUla SM 3 month Bank Mils 10'* 10 3 months CD 10 J 10'. 6 months CO M'« 10 W Source: National Discount Co
      43 words
    • 28 9 FRANKFURT exchanges opening quotes yesterday: LTS1.7360/66 Slg 4.000/010 Can 1.4B4/C4 DO 90.82/91 Str 107.45/60 Ut 2.156/59 FIr42.es/74 Nkr 35.71/75 Btr con 6.1C3/M Btr fin 6.015/025 Yen 0.7117/«
      28 words
    • 431 9 THE U.S. dollar closed considerably stronger against the Japanese yen yesterday on feelings that the Japanese economy will be hard hit by oil price increases and diminished prospect of a discount rate increase in Japan. Starting off at 242.00/10 against the yen, the US dollar saw support from
      431 words
  • Page 9 Advertisements
    • 398 9 CASH OFFER BY HARINCO HOLDINGS PRIVATE LIMITED to acquire all the shares not already owned of CONSOLIDATED HOTELS LIMITED As stated in the announcement on February 11, 1960, the Offer by Harinco Holdings Private Limited ("HarirxxO dated January 9, 1960 ("the Offer") has been extended and will remain open for
      398 words

  • 1788 10 BID sad otter prion officially listed and burin» In and reporied to the Stock Exchange ot Singapore yesterday with the number at shares traded shown in brackets ta lots of l.odo units. uatasa otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acsaa (2.968) (2)
    1,788 words
  • 118 10 SWGAFOM WOT 1*1 fMmgiu' phem fcr FW The Commerce 1M The Savtaf Fund IS S'pore Prof Fund 10* S pore Sk. Fund LM S'pore Invest Fund l« S pore Equity Fund 1 OS JBT ►>»> 2.59 1.M LIS LM 156 LIS INOOMS BOND UMR (teMiplM) Income Bood Lit
    118 words
  • 2799 10 1079/1980 Hick Low Company Last Sale orGr'» Div Div C*vr Gr'a Net YTd P/E Vol Day COOO) High Low *5 SECTION ONE INDUSTRIAL COMMERCIAL 386 213 146 180 2» 77 276 482 3 207 123' 110 133 265 57' 185* 226 177 256 Ac ma Alcom Allied
    2,799 words
  • 2010 10 BID ud offer prices officially listed sod IsioliVgg la and re- ported to the Kuala Lumpur Stock Ezchaaffe yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specined INDUSTRIALS kM (3.045) (1) 329 (3258 3205) AJeaaa (1) 221 (Mb)
    2,010 words
  • 542 10 BANKING IMb saraed ahead B0bq«MlB|0i B rally Bt tke aopom m.-L had besa the focal Hat tar semi days retreated slightly Mtowtag s fall b» tke pries sf pkysical rakb Bsagksßg, Iks Haag Ssag laiox gßlaed a 55c£jg?5 i-N» JTLSSrz.'XS aote geoMrally. Iritws were
    542 words
  • 563 10 INDUSTRIAL stocks came in for some bullish attention while plantation issues, after three sessions of dizzy increases, took a breather at the Kuala Lumpur stock market. Trading was active throughout. Interest appeared to swing back to the industrials sector which has been consolidating for the past
    563 words

  • COMPANY NEWS
    • 549 11 FUELLED by overseas buying, plantation stocks quoted on the stock exchange have again swept into the forefront of the market in the first six weeks of 1960, almost like going through a repeat of the stock market scene in the early part of last year.
      549 words
    • 675 11  -  By P GUNASEGARAM MALAYSIAN Tobacco Company (MTC) has succeeded in overcoming "difficulties in the market place" brought about by rumours which adversely affected sales of two of its brands of cigarettes, chairman W J Dickson said. In his latest annual review, Mr Dickson said that
      675 words
    • 662 11 NORTH Bernee Timbers said Mr Loo Heng Shuen has been appointed alternate director to Mr S P Tao while Field Marshal Sam Manekshaw has been appointed alternate director to Mr Akbar Hydari. Kemayaa Oil Palm said Mr Tai Yun Peng, a director of the company, passed away on
      662 words
    • 411 11 DESPITE higher earnings from its rubber and oil palm divisions, profits at Malacca-based Ayer Molek Rubber Company have fallen for the second year running due to higher expenditure. The company's pre-tax profit for the year ended Aug 31, 1979, slipped to M 5434,016
      411 words
    • 95 11 UNITED Asbestos Cwsest BM: EOGM to be held at 12th Floor, Fitzpatrick's Building, 86 Jalan Chulan, Kuala Lumpur at 11am on Feb 22. Ayer Mslek Rabber Csanpaay BM: AGM to be held at No 22 (Upper Floor of No 20), Jalan Gelang- gang, Malacca at 12 noon on
      95 words
    • 228 11 Current Payneat Ex Date Books Close Date Total for Total for Payable tke year Previous year A Molek B Kawan Duff Dav MTC M Baakiif Y H S (8) Y H 8<M> Perils Plant Liafii B Kawai K L Kepoif Ula Beaut Sel Nuts 8 P Textile K
      228 words
    • 80 11 Company Particulars Ex Date Books Close Temerloh Sentoaa T Text MUM Bonus Issue ot 1 for 1 Bonus issue of 1 for 3 Bonus Issue of 1 for 4 Rlfhts Issue of 1 for 1 feSLOO NYA Feb 21 NYA NYA NYA Marl NYA NYA (a) Adjusted (or
      80 words
    • 435 11 titMOa §*****«. by HOCK LOCK SIEW THE publication of an investment manual on plantations by a Kuala Lumpur stock broking firm recently would handly be rated a news item in other financial centres. But the tact that it was in the Malaysian capital epitomises
      by HOCK LOCK SIEW  -  435 words
    • 339 11 Cwnpaay Date L MtFsll Yew n. a rcnii 1—Mi Net EPS Grw PWIUI but year <«■*> Mv. iC7 V Piellt M'wata Steel I 22/12 12.4 10.0TE 14,803 Folex Ind d F 18/1 2.7 0.0 858 Nat Iron F 7/2 57.8 al7.9 37,679 F E Le'ston F 8/2 0.0
      339 words
  • Page 11 Advertisements
    • 144 11 Highly Profitable UK Markets Await The Right Products The specialist Import Division of the Great Universal Stores Limited are interested in acquiring new product lines capable of substantial growth in UK markets. We are aiming for brand leadership ana eventual market dominance. We wish to purchase Photographic; Audio; Clocks Watches;
      144 words

  • 351 12  -  By RAHIM KASSIM FREIGHT forwarders in Singapore were warned yesterday of the problems surrounding the industry as a result of its radical development in recent years. Capt C A Flavell, general correspondent for the Far East of the Through Transport Mutual Insurance Association sounded
    351 words
  • 220 12 THE Singapore Vocational Institute (SVI) has decided i to expand and upgrade its existing facilities following i the finding of a survey con- ducted earlier on. For the first time SVI would be providing National Trade Certificate (NTC) 2 training in motor vehicle mechanics on a
    220 words
  • 424 12  -  CHEQUE DISHONOURED By TEO TECK WENG A HITCH has surfaced in the mortgagee sale of Kaolim Building. The building, which was auctioned last Friday, is next to Hotel Grand Central along Kraraat Lane. A cheque made out for a 20 per cent deposit for
    424 words
  • 232 12 Reuter INFLATION, fuelled by wage rises and increases in import prices, will be a major problem for Japan this year, Chemical Bank said. In a report by its Economic Research Department on Asian economic trends, it said wholesale prices in Japan have been rising rapidly and little relief
    Reuter  -  232 words
  • 115 12 Reuter THE Number Two raw sugar futures market yesterday morning ended the first call £15.10 to £14.15 up from the previous day's close but somewhat mixed in terms of Wednesday night's substantially higher kerb levels which were at new five-year highs, extending the bull
    Reuter  -  115 words
  • 826 12 LONDON, Thurs. The market closed mixed on balance in quiet trading with the latest UK money supply figures roughly in line with market expectations, dealers said. At 3 pm, the FT index was up one point at 179.8. Government bonds and equities opened higher before profit-taking eroded much
    826 words
  • 241 12 Reuter KUWAIT is seeking to buy 25 per cent shareholdings in Idemitsu Kokan and Maruzen Oil at par in return for supplying Japan with direct-deal oil in fiscal 1900 starting April 1, the Japanese Trade Ministry said yesterday. It is also seeking guaranteed 25
    Reuter  -  241 words
  • 133 12 AFP A FIRST assessment of the world oil market situation in the wake of this month's price increases will be carried out in Paris on Monday and Tuesday by the governing board of the International Energy Agency (lEA) sources said yesterday. Senior officials of
    AFP  -  133 words
  • 248 12 PRIME Minister Lee Kuan Yew's Chinese New Year message to Singaporeans is an optimistic one. The Republic sailed through 1979 In good shape despite turbulence, he said. "Barring a worldwide economic or military upheaval, I believe we shall sail through 1980 without
    248 words
  • 368 12 THE Malaysia- Singapore air talks ended In a deadlock after ten days of negotiations. The deadlock was due to SlA's request for entry into Sabah and Sarawak. Datuk Ha# Mohd Noor Hassan, leader of the Malaysian delegation said that Malaysia had made it clear right
    368 words
  • 386 12 Reuter LAST year was a watershed year for the Indonesian economy which improved markedly due to expanded export earnings, a US embassy report said. The embassy in Jakarta noted that Indonesia last year successfully weathered the 33.6 per cent 1978 devaluation of the rupiah. It said
    Reuter  -  386 words
  • Page 12 Advertisements
    • 36 12 *1 $30.00 Yes, I would like copy /copies of 77w Edward de Bono Think Shrink. ii&r* v f' I endose in full payment (all checks, money/postal orders made payable to Federal Publications (S) Pie Ltd). n
      36 words
  • Page 12 Miscellaneous
    • 52 12 eWEAT:HER Generally fair and windy. Report far 24 boors prior to 7Jf p.m. oo Feb 14 at the airpert. Maximum temperature 31.7 Associated humidity 62 Minimum temperature 22.7 Associated humidity 96 Hours of sunshine 9.90 Rainfall in millimetres Nil Total rainfall for the month 50.2 Total rainy days for the
      52 words

  • SHIPPING TIMES
    • PORTSIDES
      • 81 13 AP ALL 26 South Korean crewmen of the 3,881-ton C K Vega, reportedly sinking in the East China Sea, were rescued by a Japanese Maritime Safety Agency patrol boat on Wednesday. The patrol boat picked up the Korean crewmen drifting aboard two rubber boats and one life raft
        AP  -  81 words
      • 87 13 UPI ITALIAN police isolated a Norwegian tanker on Wednesday after it dumped bilge water polluted with petroleum residues into the waters of the eastern Sicily port of Augusta. Officers said the sequester order against the liquid propane tanker Niels Hendrik Bael was carried out in the morning and
        UPI  -  87 words
      • 76 13 Reuter THE state-owned British Shipbuilding Corp (BSC) said its 80,000 workers have agreed to an 11.5 per cent pay increase, well below many current wage demands in British Industry. The agreement, which allows for 3,000 voluntary redundancies, will mean an average wage increase of £11 a week
        Reuter  -  76 words
    • 610 13  -  By RAHIM KASSIM A FULLY containerised service from the Far East to the Red Sea port of Jeddah, operated by a consortium of three shipping lines, will offer more sailings from next month. The service inaugurated in Sep 1978, is operated
      610 words
    • 587 13 Shipptag Uh F*e Gal Adriatic IV 5 Afea VI 3 Alfred CT vra 1 All trans VI 2 Alpac VI 5 Angkutan VI 4 Anhsing vn 2 ANL I 1 APL m 4/5 Argentine IV 4 ASCL m I Asia America IV 5 Asia Merchant IV 5
      587 words
    • 617 14 THE need to tight off growing inroads made by crow traders in the United States/Far East shipping traffic may have led to SeaLand's resignation from 12 liner conferences recently. The company, the largest containership operator in the world, said It was restricted by the conferences which
      617 words
    • 102 14 OFFSHORE mobile rig utilisation stands at a strong 97 per cent for the month of January, the Offshore Rig Location Report's monthly analysis of the offshore rig market shows. This compares to 92 per cent a year ago. The Houston-based publication noted that January is generally
      102 words
    • 266 14 PROVING that interpretation of labour laws is by no means international, the Swedish principals owning the bulk carrier Nawala have been awarded heavy damages against the Norwegian affiliates of the International Transport Workers' Federation for the detention of the ship shortly after her controversial call in
      266 words
    • 896 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival U 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
      896 words
    • 1240 14 LITTLE change was noted in North American grain rate levels on Wednesday but cargoes were fixed from the US Gulf to Taiwan at $30 flo for Feb and from US Gulf to Wismar at 127.50 fio for Feb also from US Gulf to Japan at $25 and $25.25
      1,240 words
    • 1067 15 CONTAINERISATION A NECESSITY CONTAINERISATION will become a necessity rather than an option for moving virtually all international cargo by air, ocean or rail during the 1980s, with farreaching impact for shippers, forwarders, carriers and ports, said Harper Group president John Robinson. Intermodalism, a relatively
      1,067 words
    • 399 15 A DISTINCT lack of tonnage open- in February, particularly in the 400-600 TEU selfsustaining sector, is likely to push containership charter rates up, said specialist brokers, Seabuik Chartering Ltd. After a slack period in the early part of the Year, more orders are reported to
      399 words
    • Article, Illustration
      424 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Hoe Hing (Tanker) (after Nichiyo Mam P/O Subject Gas Free) 15 Kota Jasa (0700) 10/11 Ko Heng (1000 after Flinders Range)B/9 Korean Crown (0700 after Yelena Stasova Overall length not to exceed 134 m) 23/24 Nedlloyd Sinoutskerk (0600) 3/4 Nichiyo Maru (Tanker)
      424 words
    • 4281 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 snip, the shipping line involved and the estimated dates of arrival and departure from the Port of
      4,281 words
    • 1254 20 ORIENT EXCHANGE FREIGHT RATES are steady as most adjustments have been made for bunker increases. Many coastal operators are celebrating the Chinese New Year with some optimism after the lean years of 1976-1979. Scrap vessels are in demand and landing crafts are
      1,254 words
    • 224 20 Reuter THE JipMMt Miaistry af Traaspert said it to e—Merit tegWattoa to MiW shipfiig to fnvort t—ftulM m toe reates tettoai the Far East ud Nerto America feilewiag withdrawal sf a leadlag US liae (rem 12 freight whww aad rate agreemeata. Ecpreaeatottvei sf Uses heleaglag to
      Reuter  -  224 words
    • 128 20 CAPTAIN Einar Berggren, who commanded the first full container ship, the Nihoa, to arrive in the Port of Singapore, will be retiring next month after 48 years at sea. The 62-year-old has been round the world 36 times. Comparing Singapore today with the city he remembers on
      128 words
    • 210 20 THE diver who first entered the capsized freighter Lee Wkng Zin said on Wednesday that the port side of the vessel was ripped away, but there was no sign on the remaining part that the ship had struck bottom before it overturned. Del Hansen of
      210 words
    • 1410 20 The leading shipping lines operating from laeal ports and the agents wha handle cargo bookings far them. A-B Adriatic Csataiaer Container Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK/PN). AIM C. Tsepfer Sea Consortium (S) Marintex Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg
      1,410 words
  • Page 13 Advertisements
    • 1079 13 Ql st class transport Agents: NedlloydlAC For further details,please refer to pa£e V Scan Dutch V mm CONTAINER Scbedaks SHIPS la Pert SHIPPING List ORIENT Ex c hange mm PEOPLE la SUppteg REGIONAL Weather WHO Aets Far Wham K I )1 M W I \H m Orient Overseas Co*Ud*teA Line
      1,079 words
    • 13 13 Callus We call the world Agents: Nedlloyd EAC Please refer to pagt y
      13 words

  • Page 14 Advertisements
    • 116 14 LEO SHIPPING PTE LTD SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG Mi HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALAYSIANNTERNATIONAL SHPPNG CORPORADONBERHAD MISC COASTAL SERVICES SDN. BHD. r T* 42tm/42Cni/*****3/*****t/424M1 i M. tot Mmi T* 3S7SM/I mt *****9 e NBC COAST N. somas T«t 211M/2213S Km mmt
      116 words
    • 132 14 B» SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA nn SINGAPORE CAUFORMA EXPRESS CONTAMER SERVICE ONLY 22 DAYS Fa 14/7 0700 17-11/2 ia IS/? IKO Fa 2/3 0700 34/3 ia 1/3 mo Fa 17/3 0700 1819 3 ia 16/3 1900 MONTHLY SERVICE TO VENEZUELA 22 23/2
      132 words

  • Page 15 Advertisements
    • 834 15 Overseas B Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok contawershf serwce to uk/cowhot Kfarg Span P.AetMg O'wart Bran Cvtganßay UFA 20 FA It Mar 12 Mv TAMCapreti 23 FA 15 Mv 17 Mv aty at EMwgh 2 Ifar 72 Ifar 24
      834 words
    • 541 15 "Jg Franco Belgian Services I h 'ir },c A fr ri tr» •< if n li, i>;i 7*l hi rJ- is', rr. I.ir.e awrOK P. HUME U Nm UU kM 1 Mb UF* MM 7 to MM F* 14 to 21F* 1 to Uto A r<» inn CN* i 2Mb
      541 words

  • Page 16 Advertisements
    • 781 16 4^Hapag-Uoyd FUUT CONTMOtSED TO EHUPE T«R» Ei*rm ot EM.it t*w Mm Kvam Man ft ikiii Etprnt MmMH Eiprm 12/3 14/1 15/J 17/3 153 17/3 11/3 20 3 2 3 ?Z/3 24/3 25/3 27/3 24/3 24/3 27/3 29/3 9 3 M/ 3 30/3 31/3 2/4 2/4 4/4 5/4 7/4 16/3 4
      781 words
    • 532 16 M.TMR 149W KfiAl47W 7/10 Apr 11/15% FM BUSAN BANGKOK VEGA 14ft 7/10 Apr 11/15 Apr TO BU^AM PENANG CAIL SUBJECT HDUCMENT tXKXKXKX KX tX IX KX IXIX KX KX MX tX KX KX KXIX tX fi AGENTS: STORE CROWN MARME CO (PTE) LTD TEL *****18 SUB-AGENTS: PJtELAMG PERKAPALAN GUNON6 TMUR
      532 words
    • 318 16 EVERGREEN LINE r far f as: hiropi EXPRESS fill I CONIAINE R SlRtffC 1 Mxtrm cargo rat Hamburg. feuskmk. Rotterdam, Antwerp. u mm M.SO ACCVmC CARGO FOR Southampton. London, nnocster. BRISTOL INERPOOL GLASGOW. LEEDS WEST GEWMNT ■KHMER fpn M*| NMm MMh Lihn I i«* Mpr INb 22 Urn 24 Mr
      318 words
    • 827 16 Everett Lines 0 N AMJNE' LOAUNG FOR RANGOON C# 21/17 fat l/4»i B F SS C Ao»nn n Motaywo TIPS MALAYSIA Port Kalong T«(T3B>-7355 Panong T«i *****/***** I 3 > v > 1 HbvafacMM latarctnCwwiUi S. A C.I. F. J "ARGENTINE NATIONAL LINE" LOMXNG FOR DURBAN. CAPETOWN. BIKNOS AMES Jlpw
      827 words
    • 554 16 r mo.s.E OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE MAY CMP.. TUE MB.. TUE MAN AUSTRALIA SERVICE P. Mh| Ann LnßMtar 10/20 Fab 16/UFab sy». ifa.; I 21/23 Mar 11/20 Ma 1/3 Apr 4/5 Apr BRtS, SYD, M FKM. AOa CtMTMOBOO M MOOTS P. BANGLADESH SERVICE 11/22 F* CWTTAGOK, CHALNA
      554 words

  • Page 17 Advertisements
    • 536 17 fS. PIL GROUP WISHING ALL OUR FRIENDS PATRONS A HAPPY PROSPEROUS LUNAR NEW YEAR FROM PACIFIC INTERNATIONAL LINES PTE. LTD. J MALAYSIA SHIPPING CORPN SDN. BHD PAKISTAN NATIONAL SHIPPING CORPN. KARACHI i PAN ISLAMIC STEAMSHIP CO. LTD. KARACHI PHILIPPINE INTERNATIONAL SHIPPING CORPORATION SANKO ASIA LINE, FROM JAPANESE PORTS AND HONGKONG
      536 words
    • 276 17 BEN LINE CONTAINERS |rj BEN ASIA I CONTAINER SERVICE II BENBULK T| WISHING ALL OUR CLIENTS GONG XI FACAI jpsGS4 LINE tfWWWVWWWWWWWWWWWI] DIRECT CONVENTIONAL SERVICE TO AUSTRALIA S'port P Ketong loadnt lor: M.V. PAGFIC ARROW... 4 Apr 2 Apr Bmb««/Sy*»y (BuM 1976) ILV.GMN 15 km 131 m Brt*«w/Sy*Ky mmmoaoiL mots
      276 words
    • 78 17 |V V (7W J* /\> i nb m I TrTTT 4 Wishing you a happy and prosperous NewVfear NedOoyd Lines VScanDutch S<NOAPOAC POCTKCLAMQ kuaualumpua PCNANG J SAHNU TW 9UOM T«« *****1/7 Tw »121 Tat ****** T* ?«M? fevl M ■vn i.. 1L v»» Indonesian National Shipping Line to NEW TORK.
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    • 446 17 Pr Page V BOUSTEAD AGENCIES U.S. GULF COAST SERVICE (New <M tare, Moble, Houston, Galveston) 3fts "St SSfteW~. '5 Ml) 4/7 Mr 12 tar DOU.Y TtMMM Oh*) 21/22 Mr -19/29 M» 29% U.S. NEST COAST SERVICE (Seattle, Tacoma, Vancouver 8.C., Portland, Lonrview, Longbeach, Los Angles, San Frandsco) JOWI LTOS (*ck
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  • Page 18 Advertisements
    • 889 18 "Kline KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA 9 «on« njffis S* us m C w Salad IW Aatrica Mm 4/3 14/3 *n 10/1 20/3 jaraXm »«> Nkm Mm 10/3 70/3 On 12/3 4/4 INSSEI 5/3 7/3 Qmc Way Wp 12/3 1/0 Iran Gat* Br** 20/3 7/4 r 25/3 U/4
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    • 425 18 CALFORMA/PAOFIC NORTH WIST SERVICE Im*| Mr 10$ RROU3. MR FRRRCBCO WTTU, TACORM. VARCOMER I C EXPRESS COKTARER/CORVENTIQNAL/ REEFER SERVICE —r a ?T IS" ntt AUSTRALIA EXPRESS CONTAMER SERVICE 10 Worn* maatr »«c n* X Apr SN), lON* NEW ZEALAND SERVICE l«*| lr l—m ITTUnOR KUMCTCR KUW lwR|W/m CaMan P(f>M| P
      425 words
    • 855 18 :ctm «i VSRX'ING )1 Ttl f RS .4'9 y SAliniup SINGAPORE SHIPPING AGENCIES PTE LTD 1 us 8 so b I N(S GfNfOft; 9'Vt' SfS a 4B'i« r .hi *o, %mpp MID Kcifimial ConlaiiHT Lines WEEKLY CONTAINER SERVICE to/from BANGKOK nagma nnrtt ruwjuoQi —in «OT rratoM) nn a/n f« imii
      855 words
    • 597 18 Ul GRANARD LIME INDEPENDENT~ ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ACCEPTING CONTAINEk CARGO FCL ONLY V FOU PORT SAID. ALEXANDRIA. BEIRUT. LATTAKIA. LJMASSOI ISTANBUL A PIRAEUS Specially engaged agents A ste\ edores providing immediate discharge Spurt PK«tv« MVCHnOVJM 19F«b IL*. MM DOR 37* I Mar MV. MM FUNCV3R* .4* furt Ml
      597 words
    • 497 18 EsjuS2 times, Friday, February 15,1MVT INTR ASF A (PTE) LTD f ,lb<" House 234t Orchard «cad 9 Telephone *****11'*****57 wiayiA'iiii REGULAR INDEPENDENT SEMI/FULL IQEUROPE PtSTtS PM7O IS FA fcirjT l WMTB/S; (AVON) olyimm Rotterdam IMMMJNY NB7I 2 Mar ToxQN n?i u I* ronwti/iMiiMr ArSfc »*>» UMtr BOttOGNE/lft (AVON) SMgapart im>g|
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  • Page 19 Advertisements
    • 138 19 TRUCONTAINER EXPRESS (S) PTE LTD Suites 1311/1312. Shaw Towers, Beach Rd. Singapore 0718 Regular Contsinor Service accepting FCL/LCL Cargo for New ZMtaMl Auckland, i Wellington r -U Littleton, Dunedin Australa Sydney, Melbourne, Brisbane, Adelaide, Sri LMka Colombo L Europe Md U J(. Call *****81 Container leasing services IRS ICCU CONTAINER
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    • 157 19 SHIPPING CORPN. LTD., FOIlBO»W>r SMGAPORE P. RED 23/25 FEB RISHI VALMKI 23/25 FEB (MDMN FU6-BULT ISM) RtSHI VtSHWAMTRA 19/21 MAR (MMM FU6-BULT 1970) Fa CONTMOS ACCEPTMU SM6APORE: STRAITS SMP SERVICES (PTE) LTD., TEL: *****61/2, *****9* P. KELAN6: PSD SHFPMG SDN. BHD., TEL: *****1-5 HEAP SENG TRADING ft STOPPING PTE. LTD.
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    • 138 19 KANNIVELL LINES (REGULAR SERVICE SW6ATORE/EAST-IBT IMLAYSM) ACWTS SMGATOK Mounts' (S) PTL LTD.,ID.: 22*5922 (I lib) PKEIANG Of TOW CO (M) SOW BK). TQ 3t7W 3 P.JAYA OPTOM CO. (M) SON. BHD, TEL *****3, 7754*3 PERKAPALAN LAUTAN BIRU ••V Reflular Service to East Malaysia s. S" 1,1 L TA' CjrH.rt OCPd"
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  • Page 20 Advertisements
    • 196 20 ■oh EGYPTIAN IMTPCMATinKiAI i IKJT /m > INTERNATIONAL LINE (Eli) EGYPTIAN FLAG GONG XI FA CAI uiNfMt Af,{N!S L N SHIPPING PTE LTD 'fl ?.'0441 I SINGAPORf U RS?mi SUB AGIN'S HS H M SON HH( Ml *****1 *****; jgb9% PH i| j )<<'; s *****? Pf NAW, ity: PERKAPALAN
      196 words
    • 275 20 ZIK INTERNATIONAL FREIGHTWAYS PTE LTD BANGKOK SERVICE fOMNc pjelmg spore Reefe* nmr */a f* Bar** SERVICE TO HK/JAPAW ncssa SPORE POMNC WNG FUNG 22/23 Feb Robe/Yokohama VESSEL TO MPOLE EAST r*a ME STORE NEW FORMULA 21/22 Feb Hoc* Basxah orty P.KEIMK PQJDMG STOK MWATAM 24/26 Feb Bay*. Kuwait only 1
      275 words
  • Page 20 Miscellaneous
    • 164 20 RAIN a Regional f viviyiv/: I• A LWI WO5 v;y SR-V-? y ;.y.\\y.v.\ a 8M? A r. /.vx; WO2 ■V 1 i¥:¥: 1 n w& .1 m 100E LLI Is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LEGEND: (d) Centre of Tropical Depression, maximum wind speeds 22
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