The Business Times, 7 March 1980

Microfilm: NL10519
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    9 1 BUSINESS TIMES M.C.(P) No. 111/1/81 VJUDAY, MARCH 7,lM* 50CENTS
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  • BRIEFLY...
    • Article
      Lock icon First yen CD loan
      100 1 Reuter TOKYO, Thurs. Deutsche Bank AG's local branch is close to completing negotiations for the first yen loan tied to yen certificates of deposit, after securing Finance Ministry approval for the arrangement, banking sources said. The one billion yen loan, will help finance the purchase of
      Reuter  -  100 words
    • Article
      Lock icon Record rate of inflation
      63 1 UPI NEW DELHI, Thurs. India's annual rate of inflation rote to a record 25 per cent in the week ended Feb 23, a 1.5 per cent jump over the previous week's rate, official statistics showed. The wholesale price index for all commodities touched an all-time high
      UPI  -  63 words
    • Article
      Lock icon Fertiliser plant
      46 1 AP JAKARTA, Thurs. Development of an Asean fertiliser plant in the northern tip of Sumatra province of Aceh will start in June. The estimated US$3l3 million project is expected to start production in 1963 with an annual capacity of 570,000 tons of urea. AP
      AP  -  46 words
    • Article
      Lock icon No defence pact
      73 1 Reuter ISLAMABAD, Thurs. Mr Aria Shahi, Foreign Affairs Adviser to President Zia U1 Haq, today ruled out the prospect of Pakistan signing a defence pact with China on India. Pakistan said yesterday that it had turned down a defence and aid link with the US following the
      Reuter  -  73 words
    • Article
      Lock icon Students' request
      69 1 AP TEHERAN, Thurs. The Muslim students who have held some 50 Americans hostage at die US Embassy for 124 days has asked the ruling Revolutionary Council to» take over- responsibility for the captives. The dramatic development came as the UN investigating commission was reported preparing to leave Teheran
      AP  -  69 words
    • Article
      Lock icon Rice shortage spectre
      94 1 Reuter NEW DELHI, Thurs. A rfce shortage in South and South-east Asia wfll worsen unless special action' is taken to increase paddy production over the next decade, the UN Food and Agriculture Organisation (FAO) said today. A background paper presented to a regional meetiafc of the FAO
      Reuter  -  94 words
    • Article
      Lock icon Dow Jones
      60 1 AP NEW YORK, Thurs. The stock market opened lowef amid fears that US interest rates would cootine to spiral and reports that overseas oil producers' output would bereft. Dow Jones 90 industrials was* off 1.62 at 943.36 half an hour after the opening Declines outnumbered advances by nearly
      AP  -  60 words
  • Article
    Chief Price Changes
    137 1 Rises PMC MS +90 B Royal 284 +21 Dualop lad 9*6 +20 St SUaaakip 320 18 8m Vitw 286 17 M Cmmi 408 18 Hick ft Law J C MPB M6 15 200 15 Public Taxtila 186 15 Spora Laad 438 14 Falls Sal Propartiaa 880 -15
    137 words
  • Article, Illustration
    KUALA LUMPUR
    164 1 Rites Indices Dunloo Ind PMC 590 645 I960 525 1400 +40 +40 +40 +37 B.T.Index: Mar5 Mart SMalTln 6793.29 6843.33 M Cement Industrials: 562.54 56B.96 Sg Besi A Moiek +30 Finance: 796.86 798.W 555 +25 +30 +20 +20 Hotels: 333.95 335.65 Sea View P M R I aoo
    164 words
  • Article
    Business reacts with caution
    762 1 CALL FOR FLEXIBILITY THE ENTHUSIASTIC welcome accOrded to the latest Budget by individuals was to some extent balanced yesterday by the rather more cautious response of business groups. There was some terse comments at the decision of the Government not to go ahead with a Trade
    762 words
  • Article
    Cold Storage quells that market rumour
    274 1 THE chairman of Cold Storage Holdings, Mr SRParker, yesterday quashed rumours that the company's major oversea shareholders are planning to sell their holdings. In his letter to the stock exchange yesterday, Mr Pqstoer said, "I am isteta- ed that there ire rumours currently circulating
    274 words
  • Article
    Changes in FRCD queuing system?
    445 1  -  By RUTH CHENG A PROPOSAL tar a modified queuing system for floating rate negotiable certificates of deposit issues is being considered by the Monetary Authority of Singapore and merchant bankers. Basically, the proposal calls for greater flexibttty in the issue of FRGDs while simultaneously giving
    445 words
  • Article
    Removal of tariff duties
    277 1 THE REMOVAL of protective duties on as many as 20 import items which are also manufactured in Singapore will be announced in a Government gazette today. Notice to remove the tariff protection was sounded in Mr Goto Chok Tongs Budget speech on Wednesday. "We preach free
    277 words
  • Article
    ST Index soars to seven year high after Budget
    180 1 FOB ItoMttH tfnee January 190, the SfcaMt Tlaei kMM laiirr pierced the WfM n> Tie killtik bii|«l mM ae a mMjil aad toisstow whe had eaterritaracd*wtlh*reaewuTvl gear to peto print Mgher lelf"* totow stocks were de> cigarettes. The biggest gataer Pm
    180 words
  • Article
    Profits at Steamers better than expected
    427 1  -  By CATHERINE ONG DIVERSIFIED Straits Steamship has reported (or the financial year Just passed record group profits that exceed even its own expectations. In view of the One performance, its directors have recommended a bonus issue of one for five and a dividend of
    427 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      14 1 SAFE WITH AN ITOKI SAFE um Stock QoMMI Uta Nwton T«l !MtSM BUSN«STiMS S*ngapof»
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    • Advertisement
      Page 1 Advertisements Column 2
      49 1 MADE IN SWITZERLAND 1 X 4.1 0 "They fofel lighter, look more elegant and as beautifully detailed as ever. An exceptionally attractive slip-on in 4 special colours. Black Kid White Kid Taupe/Beige Kid Brown Kid Sole Agent for S.E. Asia, Hong Kong Taiwan S.G. PARRETT SON (PTE) LTD. Singapore
      49 words
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      Page 1 Advertisements Column 3
      72 1 |&+@;;=.+*"$][/&(~.<^",__^<']*' Leader...Page I (KMDQ SHIPPING TIMES HOW Naebi plans to laerease HUME (Far East) profit rim productivity by Mpe 2 by 24 per ent II ENERGY prtees may stabilise POO Cbey Peng reperts by Jue 5 Asean-EEC meeting.................. 12 EEC aid US sliding towards a CIGARETTES may east mere, trade
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      Page 1 Advertisements Column 4
      141 1 M a i Dorft leave home without it V V Hk t-l X f/i f i m r «F Wayfoong MAf u miudt tht CBD. and it's comfmltnstdfor btUtr tffkkncy yvu a iioiiut v t A helping hand when you need it most: WiyfoongMAF ;i You have saved bard and
      141 words
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  • TRADE AND INDUSTRY
    • Article
      Printer looks for facility
      230 2 ONE of Australia's largest security printers, Valentine Sands Textron, is looking into the establishment of a high technology printing facility in the Republic. According to its marketing manager, John Whelan, the company has had preliminary talks with the Economic Development Board on this project. He said
      230 words
    • Article
      Water supply project
      162 2 SINGAPORE will have a new $110 million water supply facility by mid-1964, when two new reservoirs and a supplementary water treatment works are completed by the Public Utilities Board at Sungei Seletar and Bedok. A detailed study is now in progress and will be completed by the
      162 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      483 2 DR LIE Stew Psey has been appointed export marketing manager of Cold Storage Manufacturing. Dr Lie graduated with a MSC Degree from London University and a PHD Degree from University of Exeter, United Kingdom. He was formerly assistant sales and distribution manager at the Magnolia Dairies division
      483 words
    • Article
      Market potential brings seven to Aquatech
      171 2 SEVEN Dutch companies are participating in the Asia Aquatech 80 exhibition in Singapore because of the large potential market for water technological products and services. Mr Peter Hulsher, project manager of the Netherlands Council for Trade Promotion, said three companies which participated in last
      171 words
    • Article
      Nachi to computerise operations fully
      602 2  -  By LINDA TAN A FULLY INTEGRATED precision tool manufacturing facility, which will begin production in Singapore later this month, it planning to computerise fully Its operations to increase productivity levels by another 50 per cent. The plant involved is Nachi Industries, a $16 million investment
      602 words
    • Article
      Water management
      253 2 DUNLOP Singapore may manufacture a "weather resistant" type of rubber membrane known at butynol if its latest service, water management, proves successful in this region. Under an agreement with Dunlop New Zealand, IXmlop Singapore will handle all enquiries from potential customers who require conMltancy and installation for water
      253 words
    • Article
      Finnish visit will boost trade ties
      183 2 FINLAND'S role as a major supplier of pulp, paper and paper products to Singapore and other Aaean countries could form the basis for further Joint cooperation following the visit of the Finnish Trade Mission which starts on March 13. Finland also provides expertise in
      183 words
    • Article
      Portrait photo workshop
      127 2 A MASTER of Photography from the Professional Photographers of America will be in Singapore this week to conduct a portrait photography workshop for approximately 200 professional photographers. Mr Andrew Purdon, a portrait photographer and instructor at Eastman Kodak Company's Marketing Education Centre in Rochester, USA, will conduct
      127 words
    • Article
      MEMO PAD
      538 2 COURSES AND TALKS x March 4-May 6: Quality Contol (Basic), Sfcir Lecture Room, SWr March 6-7: Manager and Team Development, Holiday Inn, Price Waterhouse March 10-11: Finance far NonFinancial Managers, Hyatt Hotel, Price Waterhouse March 17-18: Corporate Planning, Hyatt Hotel, Price Waterhouse March 17-18: Computer Security, Shangri-La, SGV-Goh
      538 words
    • Article
      South Wales missson successful
      87 2 ALL THE firms represented on last month's South Wales Exporters Clab trade mission tO Manila and Bangkok were extremely satisfied with the results achieved. Mission secretary, °Mr Cecil Blanch, juid that representatives of the twelve companies had sales totalling more than £3004X10 "on the spot" with
      87 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      105 2 r From Si oreto A nr. 7.45 am. Subject to government ypcorml 4 More reasons to fly Cathay Pacific to Kuala Lumpur. A Convenient-7.45 am departures. Monday, Wednesday, Friday and Saturday. Super TriStar wide-bodied comfort Marco Polo cabin for businessmen. Gracious service of multi-national hostesses. Quiet, smooth Rolls-Royce engines. j
      105 words
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  • REGIONAL
    • Article
      Lock icon Pakistan to get US$128m aid from Japan
      508 3 AP JAPAN will double its economic aid to Pakistan to a total of USQ2B million for fiscal 19», it was officially reported in Islamabad yesterday. The Pakistan Foreign Office made the statement after talks between Mr Sunao Sonoda, farmer Japanese foreign minister and
      AP  -  508 words
    • Article
      Lock icon AID PACKAGE NOT AGREED ON YET
      233 3 UPI US STATE Department officials said on Wednesday Islamabad has not formally rejected all American military aid, and a speech on the topic by Pakistan's Foreign Affairs adviser may Have been misunderstood. "We have not yet agreed on a package of aid," Deputy Secretary
      UPI  -  233 words
    • Article
      Lock icon Peace talk proposal
      96 3 Reuter CHINA yesterday proposed to Vietnam that they end the second round of their peace talks in Beijing and hold a third round in Hanoi in the latter half of this year. At the same time, a Chinese Foreign Ministry note accused the Vietnamese of being responsible
      Reuter  -  96 words
    • Article, Illustration
      Lock icon READING ALL ABOUT IT
      43 3 UPI The widew aad four ef the five children «f hmw Chlaeae PraUnt lis ShMcl wwhg tews that the eaee accused «capitalist fader* disposed by the late Cmmuutat Party Chairman Mae Zedong has been rehabilidated toy the party< UPI.
      UPI  -  43 words
    • Article
      Work to start on Auckland hotel
      326 3 CONSTRUCTION will start this month on a multi-mil-lion dollar hotel at Auckland airport in New Zealand for Southern Pacific Hotel Corporation. The 254-room hotel is due for completion in November, 1981 and is funded by the Government Life at New Zealand which will own
      326 words
    • Article
      Lock icon Cut in Australian income tax
      286 3 Reuter AUSTRALIAN Treasurer John Howard has announced reductions in personal income tax and 50 per cent tax indexation starting July Jb A taxpayer with a dependent spouse on the standard tax rate will pay about A 54.70 a week less next financial year, he said
      Reuter  -  286 words
    • THE REGION IN BRIEF
      • Article
        INDUSTRIAL OUTPUT
        468 3 THE value of China's average daily industrial output last month was 0.9 per cent higher than in January despite the three-day spring festival during the month, the New China news agency said. The total value of indus- trial output in the first two months of this year was
        468 words
    • Article
      World summit to resolve economic ills
      282 3 INDONESIA'S Vice—President Adam Malik said yesterday that attempts are being made to hold a summit meeting of world leaders to discuss ways of improving the world economy. Speaking in his capacity as a member of the "Brandt Commission", a body comprising prominent figures headed
      282 words
    • Article
      Lock icon Unilever plans to go public in Indonesia
      183 3 AFP UNILEVER, ooe of the biggest foreign concerns in Indonesia, is planning to go public toward the end of this year, the company's management announced on Wednesday. At a hearing with the parliamentary Trade and Finance Commission, a company representative, Mr Yamani Hasan,
      AFP  -  183 words
    • Article
      Lock icon Taiwan 1981 budget
      105 3 Reuter THE Taiwan government has set a budget (or fiscal 1981 beginning on July 1 balanced atNTOBO billion, up 34 per cent from the original fiscal 1980 total, cabinet sources said. The 1980 budget of NTH 94 billion was later increased by $25 billion to strengthen national
      Reuter  -  105 words
    • Article
      Delta to expand in Malaysia
      372 3 BROAD-BASED OPERATION' THE UK-baaed Delta group of companies will soon be expanding its operations in Malaysia, said its chairman Lord Caldecote, who is in Kuala Lumpur for a short visit. At the moment, Delta group has two investments in Malaysia, one in Selangor and the
      372 words
    • Article
      Mining equipment show in Jakarta
      427 3 THE US Department of Commerce, as part of its "Asesn Regional Action Campaign" of market promotions for 1980-1981, has chosen Jakarta as the site for a major trade exhibition of construction, mining and forestry equipment. Known as Mesin-Tek USA, the event will be held at
      427 words
    • Article
      Lock icon ACCESS TO TOKYO MARKET
      71 3 AFP SIX new marketing guides to give foreign businesses more access to the Japanese market have been published by the semi-governmental Japan External Trade Organisation (Jetro) yesterday. Each booklet gives practical advices to exporters of photographic and audiovisual equipment, jewellery, education equipment, processed foods, health-care and
      AFP  -  71 words
    • Article
      More trade to Philippines
      67 3 American Ambassador Richard Murphy today predicted further expansion of trade between, the Philippines and the United States as a result of the reduction or elimination of tariffs on 97 export items to the US. Speaking before the Manila Rotary Club, the US Ambassador said the increased
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  • RAW MATERIALS
    • Article
      Tin output in KL falls
      146 4 PENINSULAR Malaysian tin concentrate! production (ell to MM tonnes containing 5,134 tonnes of tin metal in December from 6,938 tonnes of concentrates confining 5,237 tonnes of metal in November, the Mines Department reported. December 1978 output amounted to 7489 tonnes of concentrates and 5,411 tonnes
      146 words
    • Article
      DUTY RATES
      84 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from Mar 6 until further notice: Bahber: 3MV« cents a kg; Cepra: $1,049.96 a tonne; Palm kernel: <965.75 a tonne; White pepper: $4,06.16 a tonne; Black pepper: 13J73.H a tonne; The rates of duty payable are:
      84 words
    • Article
      PALM OIL
      135 4 VALUES in Kuala Lumpur yesterday held steady around Wednesday's levels on refiner covering and buying after recent weakness, dealers said. Trading was fairly active but the undertone remained bearish in expectation of a further fall by most operators. March was unchanged at M 51,065 in the north, and
      135 words
    • Article
      WHEAT
      169 4 CHICAGO Board of Trade wheat futures closed mixed on Wednesday, down 1V« cents per bushel in spot March to up 4V4 in the deferred* The CCC purchase and retender plan for wheat should not overhang the wheat market as much as the corn, traders said, so wheat remained firm
      169 words
    • Article
      RUBBER
      298 4 THE SINGAPORE market closed lower yesterday with March One RSS buyers quoted at 321.00 cents per kilo, down 10 cents from Wednesday's clone, dealers said. Morning prices were marked down about 10.50 cents on weaker local and overseas advices coupled with long liquidation tfrhile in the afternoon, prices were
      298 words
    • Article
      RAS PRICES
      291 4 R.A.8. prices In centi per kilo ywterdajr (per Idlo) (psrkflo) lot. 1 RS.S. prompt f-O-b. 117.00 Int. 1 R.S.S. Mara 321.00 Int. 1 R.S.S. April 177.00 Int. 2 R.S.S. MJO UK/Coot WOO Int. 1 R.S.S. M.OO uk/coot moo Int. 4 R-S.S M.00 UK/Coat «T.0» Int. 5R.S.S. moo UK/Coat
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    • Article
      SSR and SMR
      100 4 NOON SSI RA4 I 1 i Miar Mar ■k (Carraa< iayaral *7.00 iMtk) (fanraW 1 Ktk) SSR20 (l-toa pallot) 289.00N TSS 8 ■an mow SSRSO mia (1 -ton paltot) Ml April mooN moo May mom 8 MR CV (1-loa paAat) 387.00 3M.00N ***** S7U0N SMR L (l-toa
      100 words
    • Article
      Straits Tin
      94 4 THE Stoalto tta price In Pwig yeatorday sarged a farther M$M per pleal to a aew $1,171 neiri, ICQ abeve the htonflwl Tta Agreement ceillag, dealers The apward tread waa bosstod toy the metal'» at tta Heavy sastaiaed trade aad iavestmeat baylag tram Japaa, the US aad toeatty
      94 words
    • Article
      Closing prices
      32 4 Rubber: Mar 6 Singapore: March: 321.00 centa (down 10 eenta) Malay aia: April: 338.00 centa (down 9 eenta) Tin: M 12.471, (up M|6o)) Official offering: 142 tonnea (up 6Vi tonnea)
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    • Article
      RICE
      327 4 SINGAPORE: Yesterday's closing prices In S$ per kilo, ex-godown: THAI WHJTE: 1« per cent first dsn (Kangaroo) sew crop OAB, 100 per cent second clia OAS, 100 per cent third class OAI, 35 per cent new crop no atock, B-10 per cent O.TO. THAI BROKEN: A-nper 0 «3, Special
      327 words
    • Article
      TEXTILES
      190 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) CeMsn yam: rhtm aw Phoenix 20b 2.330; 39s 2,790, 40s 3.M0 (per bale at 400 lbs). Pises gssds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs uaq; Flower aad Butterfly
      190 words
    • Article
      SOYBEAN
      200 4 CHICAGO Board of Trade soybean futures closed mixed on Wednesday, down 2'/« cents per bushel In the spot to up 4V4 in the deferred. With the uncertaiaty about the effect of the OOC purchase and retender programme hanging over the market, beans moved In opposite directions with pml»il«ul a»lHng
      200 words
    • Article
      LONDON MARKETS
      871 4 BUGAB: Futures opened higher, trading up to £286, basis May number two raws, from a steadier kerb close of £281.50. Dealers said the market rose on speculative interest and support tram weaker sterling but with no fresh news, profit-taking was evident and gains were pared in relatively light
      871 words
    • Article
      Produce exchange
      145 4 CHINESE PrHie* Exehugt, SkpfM, ihi tefiiy: Citi—l «11: Bulk (102 sellers, old drum $108 sellers, new drum $112 seller*. Cipin Mixed (kxae) UK/ Coot $80.00 buyers. Pepper: Muntok AST A white fob 100% NLW $***** sellers, Sarawak white fob 96% NLW $317» sellers, Sarawak special black fob 96%
      145 words
  • ASIAN STOCKS
    • Article
      Sharply down
      299 4 TOKYO PRICES closed sharply lower yesterday, with energy-related issues down across a wide front on profit-taking after the recent rise, dealers said. The market average fell 57.95 to close at 6,716.09, with volume amounting to 400 million shares. The Tokyo Stock Exchange index closed at 463.36, down 2.66.
      299 words
    • Article
      Lock icon Hongkong
      200 4 Source: SHK Sec PRICES turned a little better yesterday as the market consolidated on very quiet trade. Good support for HK Bank, HK Wharf and HK Land was seen and sellers seemed to calm down and act rationally In comparison to recent trading. Prices remained unchanged in the afternoon
      Source: SHK Sec  -  200 words
    • Article
      Sydney
      308 4 DIAMOND and shale oil stocks led gains in otherwise quiet trading yesterday, dealers said. Diamond expiarw, Leichardt Explorations, leapt A 52.50 to JH.SO while diamond hopeful Gem Explorations was up 41 cents at $1.20. BHP's disappointing test report on the Vlnck No 1 well on the Exmouth Plateau did
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    • Article
      Manila
      177 4 THE market dosed mixed yesterday with minings and oils firmer while commercial and industrials lost ground, dealers said. Turnover rose to ILB million pesos from Wednesday's 102 millinw Atlas Con B, Baguio Gold, Benguet Con B, Lepanto B, Marinduque B, Philex B, Landoil B, phil Overseas, Pogei and Sealront
      177 words
    • Article
      Bangkok
      135 4 PRICES closed mostly lower in light trading yesterday, dealers said. MAR M Amu Credit Am Fibre tSTRf Bahu 143 -1 W. I» -1 Banffkofe Invnunent i» Bangkok Bank Bangkok Drytt* IniurtnCf 1SM uncb BufM MMOPoaUc Ban Hj rnv-Tw m 1 Berll Juekar Cwpal Intermm Charoonc Thai u 9 Pint
      135 words
    • Article
      Selected indices
      52 4 FINANCIAL TIMES INDUSTRIALS Wednesday 480.4 Tuesday 484.1 Week A|o 480.4 DOW JONK8 AVERAGE INDUSTRIALS Wednesday M4J8 Tuesday 880.48 Week A«o 888.12 H.K.HANG SENG Thursday 866.28 Wednesday 867.51 Week Ago «1674 SYDNEY INDUSTRIALS Thursday 842.73 Wednesday 642-81 Week Ago ***** ALL ORDIN ARIE8 Thursday ***** Wed nesday 874X0 Week
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    • Article
      CSR
      23 4 CSR Ltd aid it it now entitled to SSJ2 million, or 81 Ltd's ianued capital at 0.# million SO cent ordinary shares.
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      39 4 \SN .*> rH£ v\ li UHV V■a r^tr p J w*.-: r#? V i I 1 I t ■„-< >j w.- ~tez~'SSZ~i?~> vVJ I ..JfA-w i InFjfiL v s '4^. i >*« V' f j V-, T-■ I 7V. 4H. V y&.
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  • OVERSEAS
    • Article, Illustration
      Lock icon Energy prices may stabilise by June
      803 5 NYT SAUDI Arabia's Oil lfintoter. Sheik Ahmed Zaki Yamani. said that a growing between oil supply and iH"** on work) markets would make H possible to stabilise ensrgy prices by June. But he waraed in aa interview hi Riyadh that if the US started
      NYT  -  803 words
    • Article
      Lock icon Unions set new strike strategy against Thatcher
      250 5 UPI THE nationwide steel strike in the UK that has set militant uaioas squarely against Prtme Minister Margaret Thatcher's monetarist policies intensified on Wednesday ss moved to prevent steel supplies from reaching factories. Mrs Thatcher has repeatedly said her Conservative government will not
      UPI  -  250 words
    • Article
      Lock icon North Sea pipeline proposal
      163 5 Reuter STATE-OWNED British Gas and Mobil Oil will recommend a £1.1 billion to £1-5 billion gas gathering system in the British sector of the North Sea in a joint study to be presented to the Energy Department before Easter, industry sources said. Spokesmen of the two
      Reuter  -  163 words
    • Article
      Lock icon Fast growth in Europe, Japan
      318 5 UPI MAJOR trading partner* of the US showed a faster economic growth rate than the US during the latter half of 19», aaid the Conference Board'* international economic scoreboard. The Board's index of lending econoaie indicators, tanned on data that anticipate change* la national output
      UPI  -  318 words
    • Article
      Lock icon Black leaders to form coalition
      375 5 UPI PRIME Minister-Designate Robert Mugabe and rival black nationalist Joshua Nkomo, two men who beaded the guerilla fight against wbite rule hi Rhoderia, have agreed to form a coalition government. Mr Mugabe, who has said that besides Mr Nkomo, he wants minority representation in his
      UPI  -  375 words
    • WORLD IN BRIEF
      • Article
        Lock icon FAVOURED STATUS FOR 5
        454 5 Agencies PRESIDENT Carter announced on Wednesday be Is extending US trade preferences to five developing countries Ecuador, Indonesia, Uganda. Venezuela and Rhodesia and revoking Afghanistan's preferential status. Mr Carter said he will sign executive orders designating the five countries as "beneficiary developing countries" eligible for favourable
        Agencies  -  454 words
    • Article
      Lock icon Plan for hearings on US-Israeli relations
      105 5 AP THE US Senate foreign relations committee is planning a hearing on the status of US-Istaeli relations as repercussions continue over last weekend's UN vote critical of Israel State Department officials will be invited to testify on the controversial vote at bearings scheduled to
      AP  -  105 words
    • Article
      Lock icon Carter still supports detente with Russia
      404 5 UPI Reuter. PRESIDENT Carter, in a statement promptly endorsed by West German Chancellor Helmut Schmidt, said on Wednesday that the United States is committed to detente with the Soviet Union despite the invasion at Afghanistan. Mr Schmidt has earlier «called tar the United States
      UPI; Reuter.  -  404 words
    • Article
      Lock icon STUDENTS AWAIT ORDER FROM KHOMEINY
      194 5 UPI IRANIAN students occupying the US Embassy in Teheran say they will allow a UN commJask» to visit the 50 American hostages held at the embassy only when they receive direct orders from Ayatollah RuhoOah Khomeiny to do so. Mr Khomeiny has said that the
      UPI  -  194 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      703 5 ARRIVALS Service Local Operator Nuker Tim MAS MHB01 0700 MAS MM82 0710 SU SQ528 0750 SU SQ101 0815 MAS MHSZ1 0MB MAS MM07 0M5 RBA Bid 0830 MAS MW71 0MB SIA SQ2L1 1000 CPA CX710 1005 GIA GAM 1030 MAS MHHB 1MB SIA 9Q183 1MB GIA GAM4
      703 words
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  • Article
    Adolescent years are over
    423 6 IT WAS confidence that prompted Mr Goh Chok Toog to add to his otherwise kindly Budget an unpleasant note the withdrawal, either immediately or gradually, of all remaining protective tariffs behind which a number of local industries have comfortably and perhaps too contentedly sheltered for so
    423 words
  • Article
    Solution must be found somehow
    211 6 THE PRIVATE sector in the shape of Mr Wee Cho Yaw appears to have nourished the hope that the Government would be amenable to creating a powerful agency for the active promotion of exports. This was well and truly shattered at Wednesday's session of Parliament.
    211 words
  • Article
    Trans-Atlantic trade war
    1345 6  -  Despite loud denials, the signs are that the European Community and the United States are sliding into a trade war. The problem is that although nobody wants to give way in the face of growing protectionist pressures, the arguments of certain key industries lor a spot Of
    1,345 words
  • Article
    One man's interpretation
    228 6  -  Letters to the Editor Lee Yock Hai »r, Colmunist Quek Peck Lim, I believe, expected a fairly heavy flak when he wrote "The lack of creative talent in Singapore" (B.T. "Forum" Feb 8). He did not get any! Quite simply his article is a mixture of half-truths,
    228 words
  • Article
    The right tools to nurture creative talents
    392 6  -  Richard McCall Dear &r, I refer to the article in the Business Times dated February 8 and agree with you that "the last two weeks have been *red letter days' (or the Singapore advertising industry." I would, however, appreciate the opportunity of correcting
    392 words
  • Article
    Dilemma of a cancelled SIA flight
    206 6  -  Peter Benkock Dear Bfr, I was shocked on arrival at Singapore Airport to find that my flight (SQSBS, March 2, 1980) had been cancelled because of a new Singapore Airlines' policy. It appears that even for originating flights they require reconfirmation of passengers travelling
    206 words
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      Page 6 Advertisements Column 1
      96 6 T Homemekers/Fumima 80 w« bring you aneven greeier weaMhofhomemakingideae. Exhibits wHH include quality furniture and MntaNnga. a variety of houeehoM appliances as we«a» aophiaticaled bahroom, lotehen and Mng room products and deaigns. VM Homemakers/Fumima '80. One of the biggest events ever organised tor you and your home. WORLD TRADE CENTRE
      96 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      0 6 <%|(\/`'`{$;_^=|}*\+{$)`/}&%!*)
      0 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      1106 6 SINGAPORE 5 3.00 PM Opening and Housewives' Math 7.55 CeMffty Cfcvato nee (Mandarin Film, repeat) 120 Spwte Magazine 4.35 Intermission MO Trapper JefcnlLD. 6.00 Op wing and Animal Worid 930 Nut (Enffch) 6JO News hi Brief S5O Odftwal Diary 6.35 Sports Parade 5-55 TV Movie 7.00 Sanmdra 1110 MM The
      1,106 words
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  • Article, Illustration
    Lock icon Afrikaner might
    1690 7  -  By PAUL CHEESERIGHT,BERNARD SIMON FT AFRIKANER POWER in South African mining finance has grown and is continuing to increase. But the Afrikaner and the English-speaking houses have developed a community of interests which has been reflected in the shift, however limited, towards more liberal attitudes in the Nationalist
    FT  -  1,690 words
  • Article
    Lock icon Gerald Ford's big blunder
    893 7  -  FORUMi -n^n_ wtfn JAMES RESTON NYT IN THE TWO worlds former US President Gerald Ford knows best politics and sports the one thing you must never do is to announce in advance that your side will probably lose. Impending defeat may be obvious or even inevitable,
    NYT  -  893 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      103 7 o V i i i 4 ftf 2 m <$ "'The Times Heritage, Collection The magic and mystery of India are captured in this enchanting collection of stories. Well illustrated and simply told, this series of 4 bilingual Indian folktales have been compiled and published locally to provide rich, wholesome
      103 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        95 8 CORBKIL Air-Liquid* LK MO «W >41 M4 +li m >« w -a BIN Q«mla CSV (TUP—onCt* PtntAdM Ooaartte Cradtt reoetar Dt rnaM Mi *1J M.4D -41 IBrjillii (11 m +14 m unch Flljllll MJO +T7 Ui 441 m in J» unch -u Rov*] IMH> 9mm (CM PUmb D*) i-J
        95 words
      • Article
        Brussels
        82 8 MAR m POKWASO MAUET *y. W uneh Artod aw ancii A*ur Ml trucu m -4 Bn-iaat w -at ommc ma 9 oc *15 MX* Pt >»ir« m -T 55 *5 Ob-lnao-Bm am +U On M -ta hom am pmtd «na -m R/i Dtea ma *a»o— lm toe am tola
        82 words
      • Article
        Frankfurt
        152 8 MAR Dm A*C-T*t«funk*n riMB -U «2JC -«J Alia Uton MM U Ml* Vers MLM •1 MAmr Bajr H T Wtank hi Vbaak 14TM mam ham -U -4 <a srKSLV S1AM ♦A4 warm Iff If MM unch ♦n rwwinilrt lmio DSBIW 'SMU! muz OlfUM 22b -14 DMBM DNtKM Bank 1MM
        152 words
      • Article
        Amsterdam
        134 8 HAR M Fto ABM aw ■*1V- A*ao feM uov mm *u Amtm lMJa *u fen* MJO +0J n |MM an -u "SET- MM *14 m mm -f i BmmH "Mi uncfa 'NM*M felt -«J Bfiirnrf MM +U cUm Drift MfcM ofil MM feM +U Knot* ULM 14 PMkar feM
        134 words
      • Article
        Zurich
        97 8 rzvz 1 T 1»aei H unch fctrrti] Mi audi iia -ft i!ypg v 5 "S M ~i EMS n > w ■0 M "00 -JO m -oo no uncb sm| \r^r. r S"" .n i i f- ■r «oo no or na 10 ken l» NaoUa K OarUkon* 1
        97 words
      • Article
        Milan
        62 8 MAR OB Aid. UN U m Amoc Ota TO Can trait rut mo BUS Bl 27 A U M»h IOLZCZ5555 ttoiCM lUIUdtr m xm ggg i-.naiwiw m 90 laoio m$ MOW Bio m im UK U 1 Othrt Onl Ottvt pn 2. i mwMfii UUI -I u i a
        62 words
    • Article
      TORONTO
      62 8 jHBj DM TW rr» HBClt Doom Minn m PUeoobrttf* 1M 1 Meeofcrtdee Cop w sa -1* Ot W—1 lJtfcl Ot Title* KnlH ♦SST OvU OH Caa IM ♦4 How^Sl 41% Hod Bay Mln tap Oil lABO MH M yi% -1* Int Pro* Pip* IM mm rt it •H 1ml
      62 words
    • Article
      JOHANNESBURG
      123 8 MAR 05 Band INDUSTRIALS A Alpha Abrtom AS AM a Aiac Bartow* Cwna Ftnanc n» km im Mcoa eaifllfiilli i in M aacb ■neb SSSnSt* FM VWk rajK QanUaa m •4 Olaoanl OnmiB ■i~. m Htvatd Hnlattt LUwrw m Unrho LTA KAMI ESSFjzz m m uncfa as m -M
      123 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      617 8 See Page 4 for Asian stocks See Page 9 for NYSE prices wine 1 Delectable local dishes and Western lunches set in daintily stylish Popular SELF-SERVICE lunch daily. From 10.30»oi to 3.00pm and snacks from 3.00pm spm VWvt got to try ft to believe! Fabulous harbour view 4 DOIM Sentosa
      617 words
    • Advertisement
      Page 8 Advertisements Column 2
      188 8 The Bsra Sink Hook to elegant fa decor corny in atmosphere. We serve Juicy steak specially air-flown or froaen, chickenflDet countrystyle. specially arranged pork chop, set hn**** hot snacks, etc. Relax la our executive lounge with your friends/ business associates over drinks. Or if yon are thinking of having a
      188 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      436 9 THE U.S. dollar closed generally firmer against major currencies in the foreign exchange market yesterday. From an opening of 217.40/50 against the yen, the US dollar was traded up to 2f7.70/» when Tokyo closed. Strong intervention subsequently brought the dollar down to 247.A/50 but It recovered soon after,
      436 words
    • Article
      Hongkong
      125 9 THJE U.S. dollar yesterday held steady in afternoon trading at 1.7*8/68 macks, in active trading, compared with the opening 1.7865/05 and L 7905/15 at the New York close, broken said. Dealers believed the Bundesbank continued intervention here to bober the mark in the face of a demand for dollars
      125 words
    • Article
      PLR
      21 9 THE average rate at which major Singapore banks are currently prepared to lead to their best customers is 10.8 percent.
      21 words
    • Article
      ASIAN $ RATES
      166 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on March 6: 7 days 1 month 2 month* 3 months months months 12 months isr-sr 17 16% 17 8/18 177/16 18 3/18 183/16 167/16 17 8/16 187/16 188/16 16 17% 1711/1617 ft/16 Das. (MUdb Mm) 4H 8H 61/16 93/16
      166 words
    • Article
      Discount
      38 9 count boom oa March Ovcnrigbt: 6'*-6*1% Can deports. $v. to6V«% P"** Bartac Mh( 3-month Treasury bills *13/16 611/16 3 month Bank bills 10v, 3 months CO 111/16 101V16 6 months CD 11 10H Source: National Discount Co
      38 words
    • Article
      GOLD
      276 9 GOLD futures in Singapore yesterday closed generally easier after fluctuating narrowly through the day in dull trading, dealers said. Turnover was «mail with about 48 lots recorded while kerbs was 46 lots, they said. April closed lower at U*****.60/665.30 an ounce against $646.50/649.30 on Wednesday and June at $664.60/665.30
      276 words
    • Article
      London
      149 9 SHARPLY higher Eurodollar deposit rate* contributed to a major new speculative surge into the dollar in early London trading yesterday, with rises unchecked by heavy central bank intervention, dealers said. Dealers said it appeared most European central banks were selling dollars as the US currency climbed to 1.7*5/« marks
      149 words
    • Article
      Tokyo
      180 9 THE U.S. dollar far overnight delivery yesterday closed at 217.15 yen, up slightly from a 247.50 opening but down from 247.75 at Wednesday's cloae following modest central bank yensupport intervention, dealers said. Trading was fairly active with volume at US$737 million. The Bank at Japan sold an estimated 180
      180 words
    • Article
      Lock icon IMF GOLD SOLD AT US$641
      94 9 Reuter THE International Monetary Fund (IMF) aid its ale of 4M,000 ounce* of fold resulted in an average price of U*****.23. The price* paid by successful bidden ranged from 1836.16 to 1649.07 an ounce. The IMF «aid the number of bid* received amounted to the
      Reuter  -  94 words
    • Article
      Bank of China raises PLR
      54 9 THE Bank of China is raising its prime lending rate to 10.25 per cent .from today. The bank now quotes 8 per cent on savings accounts and &25 per cent for one-month and three-months fixed deposits. The rates tar six- to 12months fixed deposits stand
      54 words
    • Article
      Lock icon Yen support partly successful
      111 9 Reuter BANK of Japan governor Haruo Maekawa said the bank's massive intervention to support the yen in cooperation with foreign central banks hss only been parQy successful. A basic solution to the question of the yen's value against the US dollar cannpt be achieved unless Japan
      Reuter  -  111 words
    • Article
      Income bond
      36 9 WITH effect from Marchi, the offer price of the uqtts of the NTUC Income Bo6d Fund has been H. 32. The bid price is *L*. These price* will hold mi up to April 3.
      36 words
    • Article
      Stock prices plunge in heavy trading
      1154 9 NEW YORK THE NEW YORK stock market on Wednesday closed sharply lower in heavy trading as the ofl group, which had been the market's major support on Tuesday and early diving the day. gave ground. Investors continued to worry about rising interest rates snd
      1,154 words
    • Article
      Lock icon After the Italian banking arrests
      396 9 Reuter ITALY'S Treasury Minister, Filippo Pandolfl, said the Government Credit Committee will meet today to examine the implications for the Italian banking system of the recent arrests of numerous chairmen and ex-chair-men of provincial savings banks. The arrests pose the problem of distinguishing the legal
      Reuter  -  396 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      181 9 ■V. Work behind the news Behind the names and the news In Business Times is a highlyprofessional, closely-knit team of sab-editors. We are now planning to augment this team to cope with the steady growth of the newspaper. The sob-editors we have now were drawn from varied backgrounds, ranging from
      181 words
    • Advertisement
      Page 9 Advertisements Column 2
      531 9 Straits Steamship Company Limited (Incorporated in Singapore) I Preliminary Announcement of Results for the year ended 31st December 1979 The audited results of the Group for the year ended 31st December, 1979 are as follows: Operating profit Investment Income Interest Interest payable Share of profits less losses of associated companies
      531 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1705 10 BID awl attar price* officially aad biaßaoe» la and reported to the Stock Exchange of Masaport yeeterday with th» number of rtaraa traded *|vb ia bracket» to lota ot 1.0» units, aalMB otherwiae specified. SBCTION ON* industbial commmcial A«i (14») (1) MO
    1,705 words
  • Article
    Unit trusts
    151 10 The Commerce The Savlnga Fi S pore Prof Pi Spar* Sac. Fui S pore Invest 1 S pore Equity •ABA I Fui Mai Prof Fttnc Msl Security F Mai Berjaym F frtMtarMarT) 150 IS iiad 1-50 l.«xd rad US LSI ad 1.M 108 W U LI M 1.IS
    151 words
  • Article
    SHARE INFORMATION SERVICE
    2728 10 1 Mr Or*s Gr*. Net 1979/1 MO Low Cempaay Last Sale +orDht Dhr CVr YTd P/E Vol (W0) Day High Lew t r SECTION ONE o INDUSTRIAL ft COMMERCIAL 37* 22S 141 I 207 1ST 110 u> 57% 186* 228 177 258 Acma Alcorn Allied Choc BAT
    2,728 words
  • Article
    In Kuala Lumpur
    2017 10 BID and offer prices- officially listed and business In and reported to the Kuala Lumpur Stock Exchaage yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unleas other--11 nlfl a J wi* spectnec. ——m Aaaa(334B) (4) 334 (21) 232 Ataaai (1418
    2,017 words
  • Article, Illustration
    Prices rise on bullish sentiment
    500 10 TRUE te expects ttsae, hallwUfln at the Magapsre iM sasrhet yesterday as Gtiai were Mrikatel appareat that seesad-seettsa mSmktth were eajsyiag particularly straag laterert. At the ead ef the day'a tradiag, prifct were eaatly thaa the prevlsas ity*! levels. As iteek aaalysta had pre■revaOtag ahee
    500 words
  • Article
    Lower liners advance in KL
    484 10 LOWER LINERS set the pace at the Kuala Lumpur stock market yesterday, ending with significant gains on continued heavy trading. Attention was focused on them right from the start. They moved steadily upwards, despite some hesitancy in other quarters, to close almost at their day's
    484 words
  • LATEST RESULTS
    • Article
      SHANGRI-LA Hotel
      24 10 has an- nounced an unaudited pretax profit of $20.47 million (1978: $12.47 million). Net profit after tax was $11.31 million ($6.88 million).
      24 words
    • Article
      Central Securities (Holdings)
      47 10 has announced a group pre-tax loss of $2.42 million for the year ended Sep 30,1979. A profit of $592,737 was made (or the 16month period to Sep 30.1978. After taxation and minority interests, the net loss attributable to shareholders was $1.95 million ($787,861 loss).
      47 words
    • Article
      Wilkinson Rubber Process Company
      40 10 has announced a pre-tax profit of $3.69 million for the year to Sep 30, 1979 ($3.74 million) on turnover of $17.90 million ($16.96 million). A final dividend of 15 per cent less tax has been proposed.
      40 words
    • Article
      Lingui Developments Bhd
      56 10 will make a special issue of four million 50 Malaysian cent nominal shares to the bumiputra public, subject to approval from shareholders and the Malaysian Capital Issues Committee (CIC), Asia vest Merchant Bankers (M) Bhd said yesterday on Lingui's behalf. The issue will lift paid-up capital from
      56 words
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  • COMPANY NEWS
    • Article
      Hume FE profit rises by 24pc
      411 11  -  By LOW LEE CHOO HUME Industries (Far East), manufacturer of a wide range of building and construction materials, has reported a set of pleasant interim results. Unaudited group pre-tax profit for the first half-year ended Dec 31,1979, rose by 24 per cent to $12.41
      411 words
    • Article
      Olympia Plywood diversifies its operations
      347 11 DM a move to diversify its volatile plywood manufacturing activities, Olympia Plywood and Timber Products has agreed to buy an estate planted with oil palm and rubber for MsB.s million through a cash-cum-share exchange. The Mengkuang Estate, located in the Temerloh district of Pahang, covers
      347 words
    • Article, Illustration
      Bulls toss Straits Times industrial share index beyond 490 barrier
      937 11  -  SEMTIftEMT LAST MONTH By KOH TSE YING BULLS were certainly in good tons at the .Singapore stock market last month. Even when they exercised caution, it seemed as though they were merely taking a backseat position Just to give the
      937 words
    • Article
      DIVIDENDS ANNOUNCED
      433 11 Carraat Paymeat Ex Date Booka Cloaa Data Payable Total for Total for tke year Previoua year Y H 8 (8) YH8(M) Perlia Plant Lingui B Kawat Prima K L Kepoif Ulu Beaut Set Nata M.ia Rice 8 P Textile Robinson T Cement U AC B Liattai MBS A
      433 words
    • Article
      SCRIP ISSUE
      84 11 Company Particular* Ex Data Books CIom M U lad Temerloh Sirae Darby Rights Issue of 1 for 1 $2.00 Bonus Issue of 1 (or 1 Bonus Issue of 1 for 3 Feb 27 Maris Apr 18 Mar 10 Mar 25 Apr 26 (a) Adjusted for scrip issue (e)
      84 words
    • Article
      Lock icon More fat is added to the bull fire
      495 11 ■aacoaa by HOCK LOCK SIEW AS good news continued to pour in on the economic and corporate fronts, more fuel was added to the bullish fire and the Straits Times industrial index slid through the psychologically important 500 mark without so much
      by HOCK LOCK SIEW  -  495 words
    • Article
      RESULTS DUE
      282 11 Date U Fall Ya V Cmpuy J cn#o iMinrri Net EP8 Gtm§ Pre-tax but year <«■*> DN. <%> Prtflt <?•••) M'wata Steel i 22/12 12.4 10.0TE 14,803 Nat Iron F 7/2 57.8 al7.9 37,679 UOB F 27/2 1/3 19.0 all.4 35,829b BATS F 5.1 17.0 3,983 Sealion F
      282 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      59 11 a RESEARCHER? The Straits Times Group wants you if you are 35 or younger and are seeking a bigger challenge or much wider scope. Write to: The Managing Director, The Straits Times Group, S.T. Box ***** Singapore 1953 Please include details of educational and professional qualifications, working experience and current
      59 words
    • Advertisement
      Page 11 Advertisements Column 2
      193 11 FOLEX INDUSTRIES BERHAD (Incorporated In Malaysia) NOTICE OF ANNUAL GENERAL MEETING NOTICE 18 HEREBY GIVEN that the 10th Annual General Meeting of the Company will be held at Studio 3, sth Floor, Kuala Lumpur Hilton, Jalan Sultan Ismail, Kuala Lumpur on Monday, 31st March, 1980 at 12 noon for the
      193 words
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  • Article
    Litton turns to less labour intensive product line
    299 12 IN KEEPING with the to minimise labour use, an electronics company has reduced its direct labour cost toiess than one per cent of total production cost by phasing out its main product line computer memory planes and switching to the manufacture of
    299 words
  • Article
    Mixed opinions on trade board
    397 12 THE MINISTER oI Trade and Industry's decision not to set up a Trade Development Board (TDB) has drawn mixed responses from the private sector. The most forthright of these came from Mr Wee Cho Yaw, president of the Singapore Federation of Chambers of Commerce and
    397 words
  • Article
    Cigarette makers are smouldering
    303 12 THE TWO cigarette manufacturers in Singapore yesterday criticised the Government's move in raising duties and promptly sent out a warning signal that an immediate result of the increases will be a rise in the prices of locally-made cigarettes. While the Joint-statement by Singapore Tobacco and the
    303 words
  • Article
    Lock icon BCA in hands of receiver
    92 12 AFP BRITISH Cargo. Airlines (BCA), Europe's biggest a|r company specialising in freight, has been placed in the hands of a receiver who is trying to avoid winding up the ailing firm. Formed a year ago in a merger of two small companies Transmeridian and lAS
    AFP  -  92 words
  • Article
    Rohan to bring up accountants' grouse
    191 12 THE Minister for Finance will be asked at the next session in Parliament, if he intends to look into the discontentment among members of the Singapore Society of Accountants (SSA) over certain aspects of the their society. Mr Rohan Khamis (Telok Blangah) will ask
    191 words
  • Article
    LONDON STOCKS
    779 12 LONDON, Tburs. The market closed lower after quiet trading, dealers said, and at 3 pm, the FT index was down 2.9 at 457.5. Government bonds showed falls ranging to Vt point with sentiment depressed by the international interest rate outlook, dealers said. Oils were a weak feature, including
    779 words
  • Article
    Autosave scheme drawing in funds claims DBS
    312 12 THE Development Bank of Singapore's Autosave scheme has attracted many new depositors since it was launched barely two months ago. A DBS manager claimed that there has been a sixfold increase in new depositors since the scheme was introduced in early January. "We
    312 words
  • Article
    ARC study on divorce
    68 12 A STUDY used by the Parliamentary Select Committee during its deliberations on amendments to the Women's Charter is now available to the public. Entitled Non-Muslim vorce in Singapore, the study was commissioned by the Ministry of Social Affairs and was conducted by the Applied Research Corporation
    68 words
  • Article, Illustration
    Finishing touches to joint statement
    476 12  -  By FOO CHOY PENG SENIOR Asean-EEC officials yesterday concluded discussions for a Joint political statement and a Joint declaration for adoption by their ministers today. The Joint political statement to be issued will primarily cover political events on regional and international levels. An official spokesman
    476 words
  • Article, Illustration
    Changi may need a second terminal
    313 12  -  By WANG LOOK KEAH A SECOND passenger terminal building at Changi will have to be constructed two to three yean after the first is operational if the rate of growth in the number of pnssengfri handled at the Singapore airport is sustained at 12
    313 words
  • Article
    SoGen taps Asian CD market
    349 12 SOCIETE Generate has become the latest newcomer to the Asian negotiable certificates of deposit market with a US$25 million issue. This is the first time the 92 per cent state-owned French bank is borrowing from the international CD market. Mr Pierre Teniere, corporate finance manager
    349 words
  • Article
    India has a lot to offer Singapore
    164 12 INDIA has a lot to offer Singapore in terms of technical expertise and sophisticated high-technology industrial equipment which are required in the Republic's second industrial revolution. _i An executive director of the Indian Investment Centre, Mr Bhagwan Singh, said yesterday that India has
    164 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      363 12 W; have a history of making money grow jmk Lombard North Central is part of one of the world's largest banking jMSPVIj groups and we have a history 5 |E r i covers more than 100 years. I Wb offer a range of deposit -BWfll llir schemes which will produce
      363 words
    • Advertisement
      Page 12 Advertisements Column 2
      3 12 Leader... Page I
      3 words
    • Advertisement
      Page 12 Advertisements Column 3
      176 12 •imp INTERNATIONAL Is proud lo pfossnt thm Inlmihfi wnlncre dNl|Md to boost sffsctfrsosst 1n a chsmjhig smfcmswsnt m~ m H*****23 4 > M EG i CBB "One thing at fault lies in our persistent notion that a person can acquire in the first 20 years or so of Ms life
      176 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      60 12 I WEATjHIgRI iDutlook far Singapore from 6 a.m. to 1 p.m. 3pday: Mainly fair. l\ Report far Si ham prtor to 1M pan. m Mar I Mtkeairpiri Maximum temperature 32.5 Associated humidity 64 Xinimum temperature 24.4 Associated humidity 96 •Sours of sunshine 8.06 Rainfall in millimetres Trace ITotal rainfall for
      60 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        APL's Dallas terminal
        87 13 AMERICAN President Lines (APL) has inaugurated a new terminal operation in Dallas to handle its full container and less-than-container load shipments from Asia. Ronald K Sellman, APL district manager in Dallas said APL offers direct weekly intermodal service to Dallas and Fort Worth, with a single hill
        87 words
      • Article
        PWC may not push threat
        92 13 THE US-baaed Pacific Westbound Conference (PWC) may not posh its threat to declare Manila south harbour a congested port. Filipino shipping officials said the powerful conference have not followed up their threat aired last December after the customs authorities promised to collect fines on local
        92 words
      • Article
        Lock icon Congestion in Port Louis
        83 13 Reuter MEMBERS of the Far East/East Africa Freight Conference say port conditions at Port Louis, Mauritius, have continued to deteriorate. Therefore, the lines have decided to raise the congestion surcharge applied to cargo destined for the port to 60 per cent from the ruling 36 per
        Reuter  -  83 words
    • Article, Illustration
      Post-conference trade unchanged Little change in container trade
      623 13  -  By LINDA TAN Zllf CONTAINER Service (2CS) has not frit any significant change in container trade from Singapore so bur since its resignation from three shippping conferences serving the trade from Japan/Korea to the US and East Canada. Shipping sources say this
      623 words
    • Article
      INDEX TO ADVERTISERS
      549 13 Wlllht Um Pa«a Cd minitu— Page Col Adriatic IV s DSR VI 3 Ate VI 3 EAC Lines n 4/ Alfred vn 2 East Malaysia VI All trans VI 5 Egyptian Int vm Alpac VI 5 EDat VI Angkutan VI 4 Khru m 4/! ANL I 1
      549 words
    • Article
      Lock icon Tanker scrap and build policy
      596 14 Reuter A SCRAP aad build policy still appear* to be the only one which can make a useful contribution towards accelerating a more satisfactory balance between oil tanker supply aad demand, a report presented to a meeting of the International Maritime Industries Forum (IMIF) «aid.
      Reuter  -  596 words
    • Article
      Lock icon 'Big-time maritime fraud'
      485 14 AP A RASH of ship «takings in Asia in recent years involved fraud "on a vast scale", a team of international insurance investigator* say. In a confidential report, the fourman team allege that five or more groups of Asian ship brokers or owners have deliberately sunk at
      AP  -  485 words
    • Article
      Container Schedules
      967 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) Ail export PCL containers and LCL cargo must be delivered to the Authority's premises during the following
      967 words
    • Article
      LONDON FREIGHTS
      1358 14 SOME improvement oo Wednesday was evident in North American grain chartering at very steady rates including US Gun to Seaforth at $17 tlo for March and US Gulf to south Japan at $24 do for March also US Gulf to Taiwan at $40 do for March. Cargoes of
      1,358 words
    • Article, Illustration
      Lloyd's changing its rules
      1119 15  -  A series of recent reverses has produced unprecedented problems for Lloyd's of London. For the first time in its 293-year-old history, the venerable insurance organisation, which is run like an exclusive club, is being taken to court by some of its own members. Lloyd's has responded
      1,119 words
    • Article, Illustration
      SHIPS IN PORT
      507 15 AERIVALB TODAY XEPPEL WRAEVES Dong Ma (0700 after Klara Zedda) #/41, Feng Y1 (after Joo Hong A Tannic K) 13/14 Fair Rainbow (18» after Eastern Freedom) 21/30 Gerbera (Ro/Ro) (1800) 0/ 7 Glorious I (Ro/Ro) (0000 after Kang Ding) 44 Golden Source (0000 subject freeboard) 22 Jlan
      507 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3725 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      3,725 words
    • Article
      No trace of the Eastern Minicon
      147 20 NO tr»<* to far has been found at the Philippine container ririp Eastern Minieoo which saysteriously disappeared on Feb It after mdwhile enroot* to Hongkong. Tte 1.521-ton vmmL manned by 3D Filipino crew members, left Manila on Feb 6 for the Crown Colony and
      147 words
    • Article
      Lock icon Move to expand Semarang
      116 20 AFP CENTRAL Java's capital and main port Semarang is to be turned into an ocean port fipahu q( berthing 5,000 dwt ships. An eight-member team of the Japanese Port Consultants (JPC) has arrived tat Semarang to survey the Job involved, following the signing in Jakarta of
      AFP  -  116 words
    • Article
      A firm tone in the freight market
      714 20 ORIENT EXCHANGE THE ASEAN ehipping market la continuing to improve although growth has not kept pace In port development. In some ports, lack of warehousing and handling equipment are mualng higher operational coats. The freight market la very Brm with a general shortage
      714 words
    • Article
      Lock icon Why Sea-Land is out of the conference
      112 20 UPI "iriTSaiiHr 011lertws said artlea el sia neftnau ttislsr ■wpy g* «Hi Is take aHtot,"d«£to js'Sawllg Itariarty Ike Soviet Union Is seeve Ike «L ».y mo im >Ww Cm eeHMentty flsnpritl the realMsa el m» msjtHm milnnmil, and ae a resalt have new
      UPI  -  112 words
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      WHO ACTS FOR WHOM..
      1324 20 The leading ahlpptag 11m oprratlag (rem local ptrto d the agents wki handle earge Imllagi for thwa A-B AirUtic OaMw Contntnsr Feeder* (S)/Cargo Freight (PK). AFBA Singapore Shipping Ageodes (S)/Euro-As*a Line (PK/PN). Alfred C. Tii|lii Sea Consortium (S)/Marintex Enterprise (PK). Alpae Intraaea (S)/Yeo Shpg and Tradinc
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  • Page 13 Advertisements
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      217 13 st class transport Aoents: Nedlloyd EAC For further details' please refer to page V Scan Dutch HUT CONTMOBED SM? TO EUMK OM (BTRAITS CARGO VIA nSKDOt TO/THOM HONG KONG) E~] IMi SUM M CMm VO/Qmlni <M) ma 10/3 2V3 7/4 9/4 12/4 13/4 25/4 2521? 3/4 i 5/ 4 »/4
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      Page 13 Advertisements Column 2
      137 13 ~r2 IX hO 1,0 SHAI.ORI) AM At I KM) UASC "1 UNITED ARAB SHIPPING CO (SAG) iiliitlilLlkJ WEEKLY MULTI-PURPOSE SERVICES loadmg for Mm. Damnum, Kuwait Shuhaiba. Do fob* {26/3), Abu Otwdi (29/3), Kuwait (1/4), Damnum (4/4), Doha (7/4), Mma Ai Fahal (10/4), Mina Qaboos (13/4) «> Dubai (1/4), Damnum (4/4),
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      Page 13 Advertisements Column 3
      119 13 i 3.181 z>-:m »i»; fAP AST HJRIIPI Mil t Y CONI AiNf RISK) MRVIf nwr.Uta, Nm«o'4» r*m Htoi 0N» A<M 0/3 11/j 21/3 a/I 31/3 2/4 3/4 1/4 11/3 11/3 4/4 8/4 1/4 5/4 11/4 U/4 25/3 a/3 13/4 14/4 l«/ 4 U/4 19/4 22/4 1/4 2/4 21/4 22/4 a/4
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      395 13 r Callus We call the world Agents: Nedlloyd EAC Please refer to pagi f CONTAINER *1 MAERSK LINE TO U.B. PACIFIC. GULF. ATLANTIC. EAST CANADA AND ASIAN PORTS C 3 kxh I JLTUtJUI 3 M/ 4 14/4 a/4 a/4 27/4 29/4 VS «/5 12/9 14/5 11/5 m l I i.Tnrn.TTnrr
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      340 14 LEO SHIPPING PTE LTD, SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORI KEIANG PENANG R@n, HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALAYSAN HTBINAVONAL SHMNG CORPORATION BERHAD ii', ;W.,11 > MI Tj. Mm Stmt tMm kM t/Ukr 12/14 Mr IVI7 11/14 IVI7 Mar IVI9 17/19 MMr 7/9 Mr 21/23 Mi
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      231 14 EX» SUPERCARRIER SERVICE MrtirMMfta WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA tm wms m a m lamm atom «7 SINGAPORE CAUFORMA EXPRESS CONTAINER SERVICE ONLY 22 DAYS CMHMita Gtß laliMM latartn/MM MkM* Uh|i MB MM RX 11/3 MM I*l9/3 9/4 12/4 12/4 12/4 LCI 17/3 19M mb
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      511 15 Pip W I! I^l L'-it-V-i- bContainers Limited Waakty tanice to/from UK/Europe STOUTS SHfPPViG Singapore to Sabah, Sarawak, Bnmal Porta and Bangkok Sanfca Ta/Fraa IVBfc WH» 11 Apr 12 Apr 14 *r 7% Pi ate ate uapi aa* a* a* x*r SSL s 2fc-2fc It fit IMahf Mln 27 Apr a
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      258 15 f7b Franco BcUjuui Services m ipwh rmmmm mmmmm MM t. BJB Ukn VW| la ftap FJbb teat fmm U Nmm PJMmi l>n acaft ih uhi ate f i i% CHK um mm um mm iim im im Lin Ute 17 te I* M* u 14% cm UM MM 17M MM
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      498 16 •A A a/3 i/4 V 4 4/4 9/4 11/4 ia/4 w* 22/4 24/4 27/4 29/4 2/S 4/5 9/5 11/5 V? 1/1 15/5 21/5 21/5 2«/5 10/2 11/2 13/2 14/? lt/2 19/2 21/2 22/2 kw 24/2 25/2 21/2 21/2 5/3 S/3 1/3 9/9 4/3 5/3 S/3 7/3 tor 11/3 12/3 14/3
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      373 16 /ljjvje; KOREA SHIPPING C.ORPN ALTAI 14M FMWMN M.TMRISOE 1/11 Mtf 12/15 Mar TOBUMN WAI47W 7/lf Apr 11/15 Apr FVRBAN K6Al4* 7/10 Apr 11/15 Apr TOBUMN POMN6 CALL SUBJECT 90UCEMDVT acacacacacacacacacacacacacacacKxacacacu Mans: jtok atom mm co (no i n TEL *****1t SB-MEWS: f JCtUHG fUUMVJW SUNONG TO* XL TEL: 417M1/PK 3X9919
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      263 16 EVERGREEN LINE f AR I f UROPI (PRfSS Mil I CMNIAINfF SIRVM'I 1 ACCEPTHG CARGO FOR: HANRURG. FELWTOWE. ROTTCKMM. AKTWERP. II HHVK ALSO ACCEPTMG CARGO FOIb JUUIINVIIM. London, Manchester. BRISTOL. LRMPOOL GLASGOW. LEEDS. HOLLAND JOKTEHMI {••UN irtir "it Ttr W I «RP»' u »ST toM n*m MRp Ute ate ate
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      554 16 Everett Lines/ Ittrm p Cofpn BURMESE NATIONAL LINE M a/% Mi B F SVC AoMl in Motovvo HPS MALAYSIA Part K«tan« T«l (30-7355 franon fl Tat *****/***** 1 A.C.I.F jfj "ARGENTINE NATIONAL LINE' y "MEXICAN NATIONAL LINE u M < > 2C/2I Mm 21/31 Apr VKApr 7/1 Apr "EVERETT ORIENT
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      Page 16 Advertisements Column 5
      206 16 r mo.s.E. OCEAfJ SHIPPING ENTERPRISES PTE UP IDI SANKYO LINE AUSTRALIA SERVICE f. Mm Ann Ln*(fcr. zvai* 21/22 Mm HMBu m l/> Apr 4/5* WSa BANGLADESH SERVICE i wnrnm wimm, JAPAN/STRAITS SERVICE a K KARLANQER Li r\J E AUSTRALIA SERVICE n m 3f SUN UNION LINE 23/23 Hv 24/25 ITT
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      468 17 fS, PIL GROUP EAST AFRICA/REDSEA SERVICE: SINGAPORE/CHITTAGONG/RANGOON/SER VICES SINGAPORE'BANGKOK/SINGAPORE DIRECT SERVICES S.E A Container Feeder Service SIN/JKT/SIN/HKG MAN ACCEPTABLE LCL/FCL CONTAINERS WptzUW/M acMNM/M 15/11 11/1# Pakistan National Shipping Corpn. Karachi ETA IMB l/l «pr COLOMBO/KARACHI COLOMBO/MJtACH Pan Islamic Steamship Co. Ltd. Karachi Pacific Internationa! Lines Malaysia Shipping Lorpn. PHILIPPINE INTERNATIONAL
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      708 17 BEN LINE ;_j CONTAINERS fpwi P. Mm| WCir—|/ 7/1 a/i 11/1 IV> 1/4 iv) a/i v* a/i m/i ivi V 4 M/ 4 i«/« 27/4 U/4 M/ 4 VI a/4 7/1 a/4 1/1 u/i VJ w MkMin Han Mil 1/4 11/1 V 4 4/4 V 4 V 4 7/4 M/l
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      292 17 ScanDutehV irrriin IVI IV4 7/4 4/4 w* nn v* u/4 iv* 17/4 1/4 IV4 W* W* J4/4 1/4 <V 4 «4 V* V 4 \W VI VI VI 2/4 V» Ma 1V» IV* iv» ivi n/i a/i tv* m/i aa a/* u. 3 C MONTHLY MULTI-PURPOSE/ CONTAINER SERVICE iir j*
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      266 17 BOUSTEAD SS L IMI IIN*^J LOADS I S. AFRICA 4/7 tm J A/12 ft Ik. I. LmMm) LYKES ()Rlf MI LINf U.S. GULF COAST SERVICE (New OritMis, MoMte, Houstwi, GthrtsM m 11RB (*cft ft -Tti r-" rem liks (*ch tea*) i/4 Apr Vft Apr >IIM' Mft "tmr* c E I
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      386 18 3T TOBUKOra immm ft WML 1M cmm noram C. HK itt iOM IUIOn TO PAB BAST •titan P. Mm| r*M N. «M| Onto AfiEMTs STORE NEPTM AttNCES PTC LTD M *****11 muts* KOMTENA NASMNUL SM W ut P. Mn M7vi B. Usm rmm *****/5 M 14/111 (•cnpMi PO. MM MLLV
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      263 18 .SBS. -U7 My ivSti Arnm/Dcparts Arriws Qw»ts V nm/Owrrj M/U >* 12/14 Mr I VMM* 2t/» Mb X/l tar 1/1 tar n/n s L N LI N P E cm e» 7/1 VJ U/J 11/J U/3 U/l FQKI CONTAOCI SMC i* rm m 11/1 mm IS. MOK 11/3 14/3 ran
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      Page 18 Advertisements Column 3
      511 18 VA H k 7 %<, U; k ms 4s< < > ■*<tn ■> SINGAPORE SHIPPING AGENCIES PTE ITO M I A*. dO'LD SC. S'N'.APl>«t I iNt S w<l 4i Sf Si S A H AMS" > fcH; t CAOGOSMIP Hill nini Container Lilies WEfcKLY CONTAINER SERVICE to/from BANGKOK iWa S.E.
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      350 18 1 fTI GRANARD LINE INDEPENDENT-ATTRACTIVE RAJTS MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAIN EM CAMGO PCL ONLY FOR: PORT SAID. ALEXANDRIA, BEIRUT. LATTAKIA. UMASSOL ISTANBUL PIRAEUS Specialty engaged agents A stevedores providing immediate discharge -HV MM CKONC V.J7W {fill 'J!** 11 OtMMB 15 M» II M. MV MAM FWS V. 3MR
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      309 18 t INTRHSEA (PTE) LTD. F .rtjef House »4E O.rcharG *oad STrqato-v REGULAR INDEPENDENT SEMI/FULI CONTAINER SERVICE TO EUROPE Ll 1 1 »«s ■2i» f i» up ill ri a hu Mom LMn/m. pan NMCOMT m UtOOfLLf 33 21 itrnjcmmM/wmLkAMamsL H FUJIWARA LINE V TT' IT~ fn ;7, VA fiTT xaiv<
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      126 19 "7i i.ls !i' J iflTlli BIENLEY CO., (PTE) LTD S. Teto* Ayer Street. Smopore 0104. TEL: 94U35/9 S-poft UMMCfOt *»r«s#»/Orotoy (PopoeWti)/ Ljt/)M«n|/Vft«nk/KiMk(/ RabM/KicU/Hoaati > tetmmu i *e tons icmy ur muu I* 1 "V" rr\ ALFRED C. TOCPFER V SCHIFFAHRT EXPRESS REGULAR SERVICE TO: Dubai, Damnum, Bahrain, Abu Dhabi and
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      194 19 SHPPMG CORPH. LTD. M FOB BOMBAY SMGAPORE P K£LAMG RtSHI VBHNMfITRA 14/15 MM (•am FU6-MLT 117#) Fa CONTHRS KOIMf mUNHb STMITS SMP SERVICES (TIE) LTD, TEL 22M261/2, 2220C9S P. KELAN& PSO SHPPMG SHIMMI, TEL: 3594U-5 KANNIVELL LINES (REGUUR Mm SM6APORE/EAST-lEST MALAYSM) PRE LANG OPTOK CO. (M) SON. M., TEL: 3S7MI
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      54 19 J V>y. PERKAPALAN LAUTAN BIRU i igf Regular Service to East Malaysia V■, ion 1 J(1 I■;g V SriS Oi, Oeea~ "g y PS ?38^9 LIAN HUAT SHIPPING CO.(PTL) ■TQMtnoML futt. ijt* hook, am uis/ra STOK M 7 TELS SM6II/22tZ9M v«Mt rr* no DD TIM TIOR: NAVITRADE GROUP TEL: *****1475
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      38 19 CORPORATION 8/A i/i'Mmnr I Pl** «f Barvey: PjSJL 04m. General Survey on dunaged cargo discharged ex the above vwl will be held on 7th March 1980 at 8.30 a.m. No further survey will be held after this date
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      164 20 EGYPTIAN INTERNATIONA LINE Ell EGYPTIAN FLAG /'if r 1 :~11l I '-"ill: \iui (FORT SAID trm ptke «fl Ihr 13 rmmmit Mmn Apr It M S h >HIPvlhG P4 iTD vn *3* OCEAN LINES ■pssaii SST LINES (INDIA) X CONTINENTAL FAR EAST LINES IANTWERPI EUROPE/FAR EAST M.V. IOURK MB. IJB
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      243 20 ■LV. NEW ZEALAND STAR LOAOM6 AT. SINGAPOCE IST. MAY 1910 ACCEPTING CARGO PW All MAIN NIPOBIS. WiH dbdwrgt at Now Plymouth for Nortfc blond a Port Qwlmore for Soutfc blond. Froiaht jwdadw contn aotion by roil to moin ports of Auckland, WoMnfton and Lyttolton/ Chrtstdturdi AGENTS IN SINGAPORE: AURAAA LINK
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  • Page 20 Miscellaneous
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      139 20 Regional r WOl FAIR mm®. fx:! :> 100E SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. IJKKNVfe I Centre of Tropical Depression, maximum wind speeds .22-33 knots. Direction of movent (s) Centre of Tropical Storm, iimiimum wind speeds 34 64 knot*. > indicated ty arrow and Centre of
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