The Business Times, 3 April 1980

Microfilm: NL10553
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 111/1/81 THURSDAY, APRIL I, ISM 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Asean's aid request
      105 1 UPI MANILA, Wed. Asean has asked the European Ecnnwnir Community (EEC) tor US$l billion to fiaance its industrial projects, a published report said. The newspaper Manila Journal said the fund fran the EEC would be similar to the H billion Japan has pledged to help finance the
      UPI  -  105 words
    • Article
      Lock icon Strong intervention
      57 1 Reuter TOKYO, Wed. Rank of Japan governor Haruo Maekawa said the bank will resort to strong US dollar-selling intervention to combat speculative «oiling of the yen, which he believes is grossly undervalued. Mr Maekawa said he cannot see any economic reasons for the yen to fall so rapidly
      Reuter  -  57 words
    • Article
      Lock icon Girding for new battle
      87 1 AP LONDON, Wed. British Steel workers who called off a 13-week-old national strike over pay yesterday now say they're mobilising for a new battle fighting for their jobs. Strike leader Bill Sirs, general secretary of the key Iron and Steel Trades Confederation said: "We have decided
      AP  -  87 words
    • Article
      Lock icon More duty free zones
      98 1 AFP MANILA, Wed. The Philippine government has programmed construction of nine more duty free zone* for multi-national firms in addition to the five already existing in difference parts of the country Chairman Teodoro Pena of the Export Processing Zone Authority said the government's decision was made
      AFP  -  98 words
    • Article
      Inflation rate down
      52 1 JAKARTA, Wed. Indonesia's inflation rats was 19.13 per ceM die fiscal year ended in Msrch, down from 21.1$ per cent hi the* previous ncal year, Finance Minister Dr All Wardhana said. In March alone, he said, the rate was 0.22 per cent, compared with 1.42 per cent
      52 words
    • Article
      Lock icon More spot oil purchases
      59 1 Reuter TAIPEH, Wed. Taiwan's state-owned Chinese Petroleum Corp (CPC) is considering increasing its purchase of crude oil from world spot markets following Kuwait's decision to cut its contracted supply to Taiwan. A spokesman said Kuwait's decision to reduce its dally supply to Taiwan to 40,000 barrels
      Reuter  -  59 words
    • Article
      Lock icon Dow Jones
      58 1 AP NEW YORK, Wed. The stock market was slightly higher as the bank prime lending rate reached a landmark high of 20 per cent. The Dow Jones average of 30 industrials was up 1.20 to 785.67 in the first hour. Gainers held a 7 to 6 lead over
      AP  -  58 words
  • Chief Price Changes
    • Article
      Untitled
      133 1 Rises Mipu Corps PMC Kotkatu Hou Lmii lad Strait* Tradlaf M CraiMt 81a CW« Public Textile Milu Ctaiaars Metal Box BM U M W Tractors 600 540 434 1M 945 530 303 313 386 336 160 600 30 30 1S 17 10 10 +a 8 +6 +6 +6 5 Falls
      133 words
    • Article, Illustration
      KUALA LUMPUR
      163 1 Rises P.M.C. 560 H Leoag Ind ISO Magnum Corp 085 Tlmuran 370 Lower Perak 402 M. Oment 530 Grating 520 Kemp** 50 Kucfaai 350 Falls +30 +15 +15 +12 +13 +10 +10 +M> +08 Indices Apr 1 Mar 2 B.T. Index: 8812.81 6806.30 Industrials: 525.65 526.30 Finance: 726.42
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  • Article
    Takeover offer for Harpers
    736 1  -  CASH OF $5.25 A SHAKE By MANO SABNANI City Editor AS THE professionals in the investment business debate the implications of the takeover of United Industrial Corporation, another bid has materialised. This time, it is for Harper Gilfillan Bhd (Harpers), a diversified trading and engineering group.
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  • Article
    Move to review more company accounts
    228 1 COMPANY accounts filed with the Registry of Companies will soon come under the vigorodsseruti-ny-ef the Singapore Society of Accountants (SSA). This is because the Financial Statements Review Committee of the SSA has decided to review a wider range of accounts. Hitherto, this SSA committee,
    228 words
  • Article
    NU ideals have not become realities
    545 1  -  •y MARGARET THOMAS NANYANG University symbolises the spirit of an immigrant people who treasured their language, culture and traditions and it is valuable, in nation-building, to keep this symbol alive. "The spirit deserves to be treasured," says Prime Minister Lee in his reply to
    545 words
  • Article
    Haw Par sells carriers
    214 1 HAW PAR Brothers International has sold three of its mini bulkcarriers for US$3 million, realising a profit of about 551.77 million. The payment is to be spread out over five years and an interest of US$BO7,000 is to be charged. Haw Par said yesterday that the
    214 words
  • Article
    Singapore dollar declines to a 20-month low
    142 1 THE faf m dollar jesleedsy M te a !lantt lew iphit the I» sightly filter The leeal eerreaey U8 prims fats Is a reesvd 11.11 per cent. Chase New Ystk yesterday that It was laftasg Us rale Is that leveL Bat is leeal
    142 words
  • Article
    A Hitachi zaibatsu growing in Singapore
    436 1  -  By RONNIE LIM THE REPUBLICS top Japanese investor, the Hitachi group, is well on its way to becoming a "zaibatsu" in Singapore. In line with its declared aim of making Singapore its major overseas base, the company recently established another string of new companies
    436 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      0 1 (.`:?;(@)*{<&%)['&`)/$,^{*,'^?.
      0 words
    • Advertisement
      Page 1 Advertisements Column 2
      73 1 Leader...page I I NOMAS I the trained specialist.. ■i i wi r < L A THOMAS ROBERT BROKER The <oinpn hunsivf spn.tru'n of our r pt-ri t\r "H laijt •I i k i r in, jn itt ,r l.i t t I I 1 I .-1 I f I••i' i
      73 words
    • Advertisement
      Page 1 Advertisements Column 3
      62 1 SHIPPING TIMES JARDINE Marketing Services GUTHRIE CwpmliM to exshews Its ferte Z pud 0perati0n5........................ 12 BRITAIN lauches Viewdata UIOH will net make revised 5y5tem...................................... C slier fsr UICI2 SCHEME te save Pelex Indus- BP may bay ell (rem spot martries. 11 ket 12 AIRCRAFT I, TV AND RADIO I, CROSSWORD
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      Page 1 Advertisements Column 4
      133 1 Betaniax Show Starting \pr:] (/&^$^$>=:*&<={:|$.'!=?={)\)^;^ This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about 8,000 words each. There is
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  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      436 2 SEMENABB AND COUSBEB April 9: Industrial Automation through Electronic weighing, RELC International House, Philips Singapore April 14: Marketing for Secretaries, Hilton Hotel, Consulasia April 14-15: Essential Management Skills, Hilton Hotel, Consulasia April 14-30: Plastic Material and Additives, REL£ Inter- national House, National Productivity BoanT April 15: Finance (or
      436 words
    • Article, Illustration
      COPIER FROM OLYMPUS
      304 2 OLYMPUS OPTICAL is entering into the office copying machine business with its newly developed small plain paper-copier. Claimed to be the lightest compact plain paper dry copier ever marketed, the Panoly PlOl (atove), costing 12,996, will be on sale this month. It weighs only 37 kg, almost
      304 words
    • Article
      NPB to leave Jurong office
      310 2 THE National Productivity Board will be moving out of its office in Jurong industrial estate, its birthplace, into Cuppage Centre this month a move perhaps indicative of the decentralisation of industrial estates In Singapore. An NPB official yesterday confirmed that the board is moving its
      310 words
    • Article
      JMS shows its flair for enterprise
      481 2  -  By CATHERINE ONG HAVING clinched more than 10 sales agencies since the beginning of this year, Jardine Marketing Services (JMS) has shown itself to be among the more aggressive and enterprising units of the Jardines group in Singapore. Barely one month after it announced
      481 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      144 2 ONE of the world's largest manufacturers of industrial and commercial weighing equipment, Toledo Scale, has appointed Mr Ina Fleming as its regional repreaen tative to be baaed in Singapore. Mr Fleming who has more than 15 years experience in weighing equipment will provide technics 1 and marketing
      144 words
    • Article
      Study on Pulau Bukom underway
      73 2 A COMPREHENSIVE study of Shell's oil refining complex on Pulau Bukom has been initiated in response to the Government's new economic and industrial policy. The study will cover such aspects as organisation/ communication/work methods and systems, equipment suitability/utilisation, manpower utilisation and skills requirements. The objective
      73 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      191 2 Silence is golden n/vfc-.* v > •w» > <•-*- v, > -.-*> ->*«. ,'i The Silent Knight: Mitsubishi's Galant Sigma Thanks to its Silent Shaft engine, driving a Galant Sigma is a real pleasure. This unique Mitsubishi engine system makes use of two 'silent shafts' that counter-rotate, cancelling out inherent
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      284 3 has a 12-mode wireless remote control which controls the channels on your tv as well! PICTURE SEARCH Now you can watch cue and review in pictures at 11 times normal speed. Another first from Sony. x 14-DAY 4-EVENT PROGRAM TIMER With the new Betamax SL-C7, you get a longer programming
      284 words
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  • RAW MATERIALS
    • Article
      KL explores palm oil potential
      664 4 RESEARCH and standardisation will help to identify Malaysia as the outstanding source of quality palm oil and related products just as they have in the case of rubber, according to Malaysian Primary Industries Minister Datuk Leong Khee Seong "While other palm oil producing countries are
      664 words
    • Article
      Sugar quotas set
      272 4 THE INTERNATIONAL Sugar Organisation's council on Tuesday set the global free market's basic export quotas for the next three years at 15,520,U? metric tons, up from for the first two years of the 1977 International Sugar Agreement. The individual basic export quotas were set automatically taking into
      272 words
    • Article
      SOYBEAN
      209 4 CHICAGO Board of Trade soybean futures closed US 3 cents to 8 3 cents per bushel lower on Tuesday, but above contract lows. Soybeans sold off early on commercial hedge pressure because of improved country movement and fears that the Usda would sell embargoed soybeans yesterday, traders said. But
      209 words
    • Article
      Lock icon Aluminium contract
      108 4 AFP ALCOA Australia has won a 10-year contract worth more than A|GOO million to supply 400,000 tonnes of aluminium to Japan. The deal takes care of a third of the first stage output of Alcoa's proposed Portland smelter in Victoria from 1983 and is the first sale from
      AFP  -  108 words
    • Article
      RUBBER
      390 4 THE SINGAPORE market closed slightly easier yesterday with April One RSS buyers quoted at 316.50 cents per kilo, down one cent from Tuesday's close, dealers said. The morning session was quiet and featureless on lack of buying interest, they said. The afternoon session fell further on upcountry selling, stale
      390 words
    • Article
      RAS PRICES
      324 4 R.A.S. prices In cents per kUo yesterday: t (per Ulo) I Buyers Sellers Int. 1 R.S.S. prompt f o b. WM H7.00N Int. 1 R.S.S. April 312 00 330.00 Int. 1 R.S.S. May 322.00 323.00 Int. 2 R.S.S. 303.00 3M.00N UK/Q»t 302.00 3B3.00N Int. 3 R.S.S. 300.00 301.00N
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    • Article
      SSR and SMR
      99 4 NOON SSR tad SMR pncee j ■eeterdey RA8 SSR 20 SSR SO (1-ton pallet (I too pallet April ICvnel Mlk> Bayers Sellers f moo *****N 288 00 288. OON Beyers Se moo 290.00 Mth) >Uara 296 00N mooN MBKLB April May SMRCV SMR L SMR 5 SMR
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    • Article
      Straits Tin
      78 4 THE Straits Us price in Pwaig yesterday firmed iMtber Msls per pical to $2,311, $171 ftkve the laterastioasl TIB Agreement celling, dealers said. The firmer seatimeat was attrlbated to heavy baying demaad (ram the US aad Earapeaa centres, eaeoaraged by oversight higher Loadaa advices, they said. Slightly Increased
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    • Article
      CLOSING PRICES
      39 4 Rubber: April 2 Singapore: April: 316.50 cents (down 1.00 cent) Malaysia: April: 314.60 cents (down 2.60 cents) Tin: M 52,316 (up $16) (equivalent to $38.29 per kilo) (up 24 cents) Official offering: 189 tonnes (up 20 tonnes)
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    • Article
      WHEAT
      183 4 CHICAGO Board of Trade wheat futures closed mixed on Tuesday, US 4 cents per bushel higher to one cent lower in deferred May. News of crop problems in the USSR and China and talk of underlying export interest gave wheat a firmer tone, traders said. After a steady opening,
      183 words
    • Article
      RICE
      331 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAi WHITE: 100 per cent first class (Kangaroo) new crop 1.06, 100 per cent second class 0.90, 100 per cent third class 0.88, 25 per cent new crop no stock, B-10 per cent 0.80. THAI BROKEN: A-cuper 0.68, Special 0.63.
      331 words
    • Article
      Produce exchange
      156 4 CHINESE Prsdace Exchange, Sagtpm, aeea fiahg prices per pfaal yesterday: Cseeaat sll: Bulk $100 sellers, old drum $106 sellers, new drum $110 sellers. Cspra: Mixed (loose) UK/ Cont $57.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $330.00 sellers, Sarawak white fob 96% NLW $306.00 sellers, Sarawak special
      156 words
    • Article
      PALM OIL
      140 4 THE MARKET in Kuala Lumpur yesterday was higher on reports the Indian State Trading Corporation is seeking 16,000 tonnes of refined bleached deodorised palm oil for April to July shipments, dealers said. In the north, April traded M 512.50 higher at $1,010 per tonne while in the southern
      140 words
    • Article
      TEXTILES
      192 4 YARN and cotton prices were quoted as follows In Hongkong yesterday: (In HK dollars, spot ex-go-down) Crttea yarn: China Blue Phoenix 20s 2,2»; 32s 2,775, 40b 3,000 (per bale of 400 lbs). Piece gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      192 words
    • Article
      LONDON MARKETS
      743 4 SUGAR: Number two raw sugar futures extended kerb losses to close the first call at an on balance decline of £4.80 to £5.90 per tonne. There were 1,087 lots traded, including 497 kerbs. Traders said the decline was partly against New York and a slightly lower gold price
      743 words
    • Article
      Lock icon CHIEF RICE EXPORTER
      195 4 AP THOUGH the US grows a lot less rice than China, or even Thailand, it is expected to become the world's biggest exporter this year, according to figures from the US Department of Agriculture. US exports are due to reach over three million metric tons, compared with
      AP  -  195 words
  • ASIAN STOCKS
    • Article
      Lock icon Index jumps
      668 4 TOKYO Source: DBS-Datwa THE NEW softening policy on margin trading caused the Nikkei Dow to break out of its procrastination and it gained Y60.19 to Y6562.99 yesterday. Oil and trading house issues were substantially influenced by this change as their margin trade balance has been poor. Nippon Oil
      Source: DBS-Datwa  -  668 words
    • Article
      Lock icon Hongkong
      341 4 Source: SHK See THE MARKET opened on a weak note yesterday, reflecting nervousness over interest rates and a genera] lack of activity on the exchanges. The index was six points lower in the first hour but heavy selling was not induced and prices steadied before lunch. Rumours connecting Cheung
      Source: SHK See  -  341 words
    • Article
      Sydney
      366 4 TWO days of minor gains turned into a full rally yes- terday on renewed foreign support and continuing rumours of another diamond find in Western Australia, brokers said. Ashton Mining jumped another 25 cents on the speculation while consortium partner CRA rose 16 cents to A 55.06 in a
      366 words
    • Article
      Bangkok
      233 4 STOCK prices closed mostly lower yesterday, dealers said. APR 02 Bah us Asia Credit 154 -5 Asia Fibre Ayuthaya Inv. And Trust Bangkok Investment Bangkok Bank Z 3oe unch Bangkok Drying And SUo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd 182 -1
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    • Article
      Manila
      123 4 MININGS closed firmer yesterday while oils, commercial and industrials were mixed, dealers said. Turnover dipped slightly to 4.0 million pesos from Tuesday's 4.2 million. APR OS Pnot ♦A Acoje Mining 0082 ***** AUu Con. A AUu Con. B 32J0 1 Bafuto GoM oom 4-0.0008 Bencuel Con. B BF Goodrich
      123 words
    • Article
      Selected indices
      50 4 financial times INDUSTRIAL* Tuesday 432.4 Monday 427.0 Week Ago 430.3 DOW JONES AVERAGE INDUSTRIALS Tuesday 784.47 Monday 785.75 Week Ago 767.83 H.K.HANG SENG Wednesday 791.S3 Tuesday 784.96 Week Ago 782.96 SYDNEY INDUSTRIALS Wednesday 601.0« Tuesday 983.56 Week Ago—... 908.82 ALL ORDINARIE8 Wednesday ***** Tuesday 770.87 Week Ago 774.08
      50 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      222 4 UNITED INDUSTRIAL OVERSEAS HOLDING PTE LTD (Incorporated in the Republic of Singapore) ANNOUNCEMENT TAKEOVER OFFER OF SHARES IN UNITED INDUSTRIAL CORPORATION LIMITED To: The Shareholders United Industrial Corporation Limited It was announced to the Press on 29 March 1980 that the Board of United Industrial Overseas Holding Pte Ltd (UIOH)
      222 words
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  • OVERSEAS
    • Article, Illustration
      Lock icon Republicans call for more cuts in US spending
      380 5 Reuter CONGRESSIONAL Re publicans, accusing President Carter and his fellow Democrats of stealing their budget-balancing act, said on Tuesday that US government spending could be slashed even more heavily and taxes could also be cut. The Republican leadership in the House of
      Reuter; UPI photo  -  380 words
    • Article
      Lock icon Toray plans to stop textile production
      179 5 AFP TO RAY Industries, Japan's largest synthetic fibre maker, plans to withdraw from production and sales of textiles by 1990. The newspaper Sankei said yesterday that Toray hopes to become a general chemical manufacturer, with emphasis in macro-molecular chemistry, to avoid a bleak future
      AFP  -  179 words
    • Article
      Lock icon Libya may follow Kuwait example
      192 5 UPI LIBYA has indicated that it will follow Kuwait's example and cut its daily oil production in moves aimed at conserving its reserves but almost certain to help spur another round of oil price increases. The Kuwaiti Oil Ministry announced on Tuesday that, with immediate
      UPI  -  192 words
    • Article
      Lock icon Demand for sacking of Iran's Oil Minister
      157 5 Reuter REPRESENTATIVES claiming the support of 16,000 workers in Iran's oil industry have demanded the dismissal of Oil Minister Ali Akbar Moinfar, saying that he is not competent to manage the industi7. Reporting this yesterday, the official Pars news agency said workers and
      Reuter  -  157 words
    • Article
      Lock icon Shell to build US$1b refinery at Al-Jubail
      134 5 AFP THE SHELL Company is to build an oil refinery in Saudi Arabia costing more than US$l billion. The refinery is due to be opened in 1964. The company announced that the agreement was signed on Sunday with Fetromin, the Saudj Arabfan national
      AFP  -  134 words
    • Article
      Lock icon Chrysler fails to meet financial deadline
      243 5 Reuter CHRYSLER Corporation said it has missed a selfimposed deadline to raise US$l.5 billion in badlyneeded financing. The company must get the financing to qualify for a matching $1.5 billion in government loan guarantees. Chrysler has said it will go bankrupt unless it receives
      Reuter  -  243 words
    • Article
      Lock icon Suspension of Bache shares lifted
      79 5 AP THE US Securities and Exchange Commission (SEC) has lifted its suspension of trading in the stock of the Bache Group, which had been caught in a financial crisis when the silver market collapsed last Thursday. The suspension, which was lifted on Tuesday, could have
      AP  -  79 words
    • Article
      Lock icon Kennedy loses in Kansas and Wisconsin
      309 5 Reuter SENATOR Edward Kennedy conceded defeat in the Wisconsin and Kansas Democratic primaries on Tuesday as President Carter dealt the Senator's revived White House aspirations a double blow. On the Republican side, Ronald Reagan consolidated his front-running position, sweeping towards a landslide three-to-one win
      Reuter  -  309 words
    • Article
      Lock icon Dawe challenges HK extradition order
      130 5 AP AN INTERNATIONAL financier ordered extradited to Hongkong to face fraud charges, has asked a US federal court to set him free. A petition filed for the financier, Amos Da we, 44, contends that there is insufficient evidence before US magistrate Richard Goldsmith to satisfy
      AP  -  130 words
    • WORLD IN BRIEF
      • Article
        Lock icon ACTING VIET PRESIDENT
        437 5 Agencies VIETNAM has identified Mr Nguyen Huu Tho as the acting president of Vietnam, following the death of President Ton Due Thang on Sunday. Although Mr Tho's appointment has not been officially announced, he was referred to as the acting president in a Radio Hanoi report of
        Agencies  -  437 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      821 5 ARRIVALS Service Local Operator Number Time From PAA PA0G5 0025 NYC SFO HKG TMA TL345 0530 BEY/BAH/BOM MAS MH682 0710 KCH SIA SQ528 0750 DHA SLA SQ101 0815 KUL MAS MH621 0835 PEN MAS MH607 0845 KUL RBA BI427 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ211
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      226 5 tr J Equipped with the well-proven and acclaimed 2,530 cc. Diesel Engine, this Delta Double-Cab is the latest in our range of Daihatsu Trucks. KM JUST ARRIVED f J A i i ftil ■J uiu :w j DAIHATSU SAFETY With the extension of the cabin to include another three persons,
      226 words
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  • Article
    Keeping tabs on accountants
    327 6 BOTH the Registrar of Companies and the Singapore Society of Accountants should be commended for their scheme to monitor the general standards of acounting statements. A great deal of emphasis is placed, quite rightly, on the accounts oif publicly-listed companies but the statements of unlisted companies
    327 words
  • Article
    Getting the right kind of support
    211 6 ONE of the unbidden consequences of an opendoor policy as regards foreign investments is the proliferation of foreign support industries. This is a recent development and one which has seen some official encouragement. Now we can add to that phenomenon the rise of the
    211 words
  • Article
    Lock icon Britain launches viewdata system
    980 6  -  BREAKTHROUGH FOR POST OFFICE By JOHN LLOYD FT THE BRITISH Post Office, often cruelly lampooned as an ungainly and slow-moving colossus, hardly seems a natural candidate to lead the development and marketing of one of the most exciting communications breakthroughs in recent years. But it has
    FT  -  980 words
  • Article
    STRAWS IN THE WIND
    293 6 IF YOU had seen this line which was painted on a van Danel you would without hesitation, agree 'with the PM that we wed native English speakers to teach us thecorrectuUge of the laneuage: "Up your name with LllLins advertisiM'' balloons advertising". GARLIC, that bulbous plant
    293 words
  • Article
    Lowering of insurance premiums
    656 6  -  Letters to the Editor A. A. PEERRBOY Chairman Singapore Beiamren' Amaclatian Dear Hr, I should like to draw attention to the report on the state of the general insurance industry in Singapore contained in your esteemed Journal of March 27, 1980. The picture drawn by your
    656 words
  • Article
    Physician, heal thyself
    83 6  -  YEO SOO KHENG Dc&f Sir Having' read Dr Koh Tai Ann's article in the Sunday Times, I would like to applaud her for standing up to Devan Nair and advising him "how to criticise without being abusive". But on reading her almost hysterical letter published in your
    83 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      111 6 Some importers walk all over their competition... Simply by having the right people in the right places. Emery Air Freight has over 150 offices around the world, all staffed by air freight experts, all skilled in local procedures, regulations, customs and language. That's more people in more places than any
      111 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1315 6 TV&RADIO Leslie Caron as Gigi SINGAPORE Bra Ciffir»tli« In tor Bmp rf a ud Pee Hag Greevy, lar Ua»«p rf wn biMiy Pw toMiy nnto GHgl, kuiHMMMMi. pnfruuM tealght. View- wUefe wea eight Academy Leslie Cm Mi Leab en eaa expect aa fvaalag »ww4 la IMS, will be tele- lurtii
      1,315 words
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  • Article, Illustration
    Lock icon Growing discontent in West Bank
    1521 7  -  By PATRICK MASSEY Reuter IN ISRAEL it is hard, if not impossible, to buy a map featuring the borderlines that were swept away by the six-day war of 1967. Arab areas captured then, the Gaza Strip, the Golan Heights and the West Bank of the
    Reuter  -  1,521 words
  • Article
    Lock icon Carter deserves more support
    989 7  -  FOBUHi with JAMES RESTON NYT THIS is one of those maddening times in the negotiations for the release of the American prisoners in Iran, but President Carter deserves more patience in this delicate period than he is getting from the press or his presidential political opponents.
    NYT  -  989 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      263 7 An important announcement for banks, merchants, hotels and restaurants Visa Travellers Cheques are coming! 000 0012 345 678 a m c 'ft I I 0 p 85 ft 7\ m 'A O/ 4k/,/ ?l YlOOOO J! Millions of people around the world will carry Visa Travellers Cheques in many currencies,
      263 words
  • Page 7 Miscellaneous
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Brussels
        92 8 APR 01 Frs FORWARD MARKET Acec Arbed Aatur Brascan Bra-Lamb Canpac Cock De Beers Ebes Electrobel Gb-Inno-Bm Gev Hobok Pelro Ryl Dutch Sidro Soc On Belg Sofina Solvay A Tanks U Min V Mont 255 2100 440 684 1450 1040 276 164 1930 5300 2286 974 2505 4710 2325
        92 words
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        Frankfurt
        206 8 APR 01 Dm Aeg-Telcfunken 71 OOB AH 20 30.70 0.7 Allz Leben 870 00 -30 Alii Ven 346.00 unch 135 70B Bay H T Wbank Bay Vbank 217.50 200 00 113 SOB >4 BBC BMW Cassella Chem Verw Commerzbank Contl Gumml Daimler-Ben* Degussa Demag Deutsche Bank Dresdner Bank Dt
        206 words
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        Paris
        275 8 APR Ot Frs CORBEILLE Air-Liquide 488 -2 B S N Gervais Danone 872 10 C8F (Thomson Csf) 430 50 -0.5 Cle Fr&ncaue des Petroles 242.50 1.1 Compagnie Financier? Com pa*n i» Generate 329 1 Credit Fonder De France 428 05 Hachette (Llbralrie) m 2 Machines Bull 57 10 0.3
        275 words
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        Amsterdam
        168 8 APR 01 Fls ABM 200 00 11 Ahold 74.50 32 Akso 22 40 0.2 AIIEV 87.00 1.8 Am fas Amro Bank 11. 53 90 <L2 35.50 94.00 -0.5 -1.5 Bote Bonumij HI 106.50 *1 Burhmann 50.50 2 Byenkorf Cal*« Delft 147.50 2 Dell Mi} 86 80 4-1.1 Enma 122.00
        168 words
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        Zurich
        192 8 APR 01 Krmncs Actions Suisses 272 2 Alusuisse Br 1135 25 Alusuisse Reg 484 9 Brown Bovcrt Br 1640 15 Clba Geigy Br. 1005 35 Clba Gelgy P C TOO 10 Clba Gelgy Rrg SW 7 CrwM Suisse Br 2225 10 Credit Suisse Reg 417 unch Elektrowatt Br 2180
        192 words
      • Article
        Milan
        106 8 APR 01 Lire Anic 9 45 02 Assoc Gen ***** -85 Ha.sU>gi 680 -15 Centrale 9095 •106 Fiat 2094 .9 >- insider 78 unch Gen Immub 5475 .2 IF! Ptl 2400 -30 Italcementj ***** -450 I taigas i. 80S •11 Iiaisider 307 75 -1.25 Magneli M PI 599 50
        106 words
    • Article
      TORONTO
      185 8 APR 01 Cf AbiUbi 19-. Alran 31 Algoma 32 unch Bank Mont 23'. Bank Nova Scotia 24 Bell Tel It unch Beth Corp BP Can Ltd 42 Brasran 2S Camp Red Lake as'? unch Can Imp Bk 23't Canpac 38 Canpar Inv Pf Carling O'Keefe -I unch Cominco Jg"..
      185 words
    • Article
      JOHANNESBURG
      301 8 APR 01 Rand INDUSTRIALS A Alpha 300 unch Abercom 2800 unch AE And CI 700 ia AMIC 2150 50 Barlows 930 •15 Cg Sugar 1075B C'NA 420B unch Currie Financr 1S6 •10 l> Brers Ind 240QS Edcon 500 ■f jo Edgars 6100B unch Eveready Fed Volk II 405 5
      301 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      298 8 01 Less to pay on our Weekday Package! Mom long tinea you've hed a day to do aDeotutely nothing •<capt laie 1 No* when you coma on our special weekday holiday, you gal bad and OreeMast plus aU the time to yourself No activities are planned so there's less running
      298 words
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      Page 8 Advertisements Column 2
      164 8 Where to wine, dine and entertain übcrtus ®rill For lunch. For dinner. For a rzc/i/y rewarding experience. Businessmen's Lunch Monday to Friday $18 10% service charge 3% cess Javanese Rijstafel Saturday Sunday $lh 10% serv ice charge .3% cess For reservations call 7379t>77 i iM «'iicm*\ I 'nrk Slhtiiloii Siii^niKiif
      164 words
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      Page 8 Advertisements Column 3
      109 8 See Page 4 for Asian stocks See Page 9 for NYSE prices Savour our Chef Rene's masterpieces of European Cuisine. The re icleer i i Vjv ale .Jn<u>nhinp fn Call Josephine for reservations *****75 or *****11 x 107 J I V a. m Wh" mm v Hainanese Steamboat Take the
      109 words
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      Page 8 Advertisements Column 4
      187 8 Roti Praia at the Hilton? Yes. And typically Cantonese dishes, too. Food from the streets of Singapore that's right up your alley. And if you care to. you can even watch our chefs whip up your order before your very eyes. All in the comfort of air conditioning And Hilton
      187 words
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      Page 8 Advertisements Column 5
      189 8 Tj rt\ODLf!Jj rJcLVZ'CfL 4 Soul liint;. I{l'l.i\i iil;. 4T Ronnie 'H Robin's Tavern. The place to go, after work. To relax, and to enjoy your favourite drink. In a cosy, soothing t atmosphere with cool, .a 'J, cool music provided by la w?*!** a live group. Visit us at J
      189 words
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  • Article
    The two-day rally comes to an end
    1143 9 NEW YORK STOCKS on the New York Stock Exchange closed mixed on Tuesday, ending the rally which saw the Dow Jones industrial average rise about 25 points in two days. The Dow drifted up and down during the day, seemingly not responding to
    1,143 words
  • BANKING AND FINANCE
    • Article
      Dresdner outlines expansion plans
      396 9 DRESDNER Bank AG has adopted a course of qualitative expansion abroad, which it will maintain in 1900 and beyond. Management board member Karl-Ludwig Breaser said while presenting the 1979 trading report in Frankfurt that the planned opening of a branch office in Milan later this year
      396 words
    • Article
      NEW COINS
      91 9 CHINA will issue hard coins in remminbi (yuan) beginning from April 15 to add varieties to its currency. The Bank of China said in a report released by the New China News Agency that the coins would come In four denominations— one yuan, five Jiao, two Jiao and
      91 words
    • Article
      Lock icon CHASE UPS PRIME
      72 9 Reuter CHASE Msshsttss, the third largest US haak, rateed Its prime leading rate sa Tuesday by sasthw haV a percentage seiat to a aew reeard tt 11.71 per eeat. Other Mg beaks, wMeh earrentty have a prime rate ef ltJi jer eet, Je aspect. Prime rates, the
      Reuter  -  72 words
    • Article
      Two raise PLR
      80 9 BANK of China Malayan Banking Berhad yesterday raised their prime lending rates by 0.5 percentage points each to 10.75 per cent and 11 per cent respectively. Bank of China announced a new set of deposit rates, effective from yesterdsy. Its savings deposit rate now stands at 8
      80 words
    • Article
      Lock icon Lloyds backs cooperation with rival
      333 9 AFP UPI LLOYDS has authorised its 18,500 members to take part in the activities of its rival, the New York Insurance Exchange (NYIE) which opened on Monday. Lloyds, founded more than three centuries ago, predicts that the opening of this New York insurance market will
      AFP; UPI  -  333 words
  • MONEY AND EXCHANGE$
    • Article
      GOLD
      268 9 GOLD futures in Singapore yesterday closed on a mixed note in very quiet trading owing to lade of interest, dealers said. Total sales for the day was only 39 lots and kerb volume was 41 lots. May plosed higher at U*****.00/510.00 an ounce against $«5.00/«8.00 on Tuesday while June
      268 words
    • Article
      Singapore market
      529 9 THE U.S. dollar continued on a firm note against the Singapore unit and other currencies worldwide despite a slight setback in the later part of the day. Trading remained active on most fronts coupled with a somewhat strong sentiment towards higher interest rates in the US. Opening at
      529 words
    • Article
      Hongkong
      111 9 THE YEN yesterday recovered some of its sharp losses early here and in New York following heavy support intervention by the Bank of Japan in Tokyo, dealers said. The Japanese currency remained fundamentally weak however on the interest rate differential with the US. It stood firmer at a late
      111 words
    • Article
      PLR
      22 9 THE average rate it which major Singapore banks are currently prepared to lend to their beat customers is 11.5 per cent.
      22 words
    • Article
      ASIAN $
      173 9 ASIAN ASIAN currency deposit Interbank rates as at close on April 2: 7 days 1 month 2 months 3 months 6 months 9 months 12 months USMUngpt) 18% 18H 19 5/18 193/18 19W 19* 1811/*****/18 197/18 198/18 18H 18 W 17V. 17H SwJn. DM. 1 month 3 months 0 months
      173 words
    • Article
      Discount
      48 9 RANGE of price* offered by discount houses on April 2: Overnight: 1 7% Call deposits: CVk 7% Clostsf Bsy i>f gslltag 3-month Treasury bills 7 6'* 3 month Bank bills 11 10H 3 months CD 11H 11 u 6 months CD 11 11H Source: National Discount Co
      48 words
    • Article
      Treasury bill
      42 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $30 million 91-day Treasury Mils to be issued from April 7 to April 11. Each tender must not be for less than 1250,000.
      42 words
    • Article
      London
      223 9 GOOD early demand for the US dollar yesterday pulled the currency back up to Tuesday's closing levels In London, following a sell-off during trading in the US and the Par East, dealers said. The rise in Chase Manhattan Bank's prime rate to a record 19V« per cent on Tuesday
      223 words
    • Article
      Tokyo
      243 9 THE U.S. dollar for overnight delivery yesterday closed firmer at 256.40 yen, compared with a 256.00 opening and 253.70 at Tuesday's close after briefly touching 258.00 despite heavy central bank yen-sup-port intervention, dealers said. Trading was heavy but erratic, with volume of US$l.27 billion. The Bank of Japan sold
      243 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      343 9 Within the vincinity of Orchard Road Hotels %m m m I 'Prompt Luncheons •Gourmet Dinners •Functions •Home Catering •Buffet Party > j/ r ft/ from $10.00 par person onwards Daily: 11.30 am to 2.30 pm 6.30 pm to 11.00 pm Happy Hours: 2.30 pm to 6.30 pm Drinks Snacks GUTHRIE
      343 words
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      Page 9 Advertisements Column 2
      130 9 (MALAYSIA) BERHAD The unaudited results for the year ended 31st December. 1979 are (figures in M$000):GROUP lflZft 1978 COMPANY Turnover Note: The 1978 taxation figures have, where applicable, been adjusted to the actual liabilities based on the 1978 profits. At the Annual General Meeting to be held on 3rd June,
      130 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1312 10 BID and offer prices officially Haled and hnsinrss in and reported to the Stock Exchange d yesterday with thp number at shares traded shown in brackets In lots of 1,000 units, unless otherwise specified. SECTION ONB j» INDUSTRIAL ft COMMERCIAL tea (2338)(1)236(1)234(3)
    1,312 words
  • Article
    Unit trusts
    139 10 (Minim 1 |riM tar Apr The Commerce LS L« The Savings Fowl 1« 1 J8xd S-pore Prog Fund 103 LM Spore Sec. ruad 1JB 1.M S pare Invert Fund l.fi LSI S*pare Equity Pud LM 1.10 ASIA UNIT TRUST (Miapn' prteea tar Apr t) Mai Invert Fund L5J
    139 words
  • Article
    SHARE INFORMATION SERVICE
    2658 10 107 9/1 MO JHgk Low Cmhv Last Sate +*rGr*» DW Div Cw Gr's Y*M Net P/K Vol (•000) Day High Lew «h SECTION ONE INDUSTRIAL ft COMMERCIAL Lr JJO 223 149 163 3M «0 So 245 220 116 160 270 80 275 328 187 285 Ac ma
    2,658 words
  • Article
    In Kuala Lumpur
    1459 10 BID and offer prices officially listed and hntlness in and reported to the Kuala t Jimpmr Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless othert,| .11 M n_rl wise specinea. INDUSTRIALS Um* (IMS) l»i«rti (1» IMS) Akmm
    1,459 words
  • Article
    COMPANY MEETINGS
    236 10 MALAYAN UaltH Iadsstries BM: EOGM to be held at 16th Floor. Jalan Wisma Putra, Kuala Lumpur 08-06, at Ilam on April 7. Cycle 6 Carriage LU: EOGM to be held at the Mandarin Hotel, 333 Orchard Road, Singapore, at noon on April 7. AGM*an<rEOGMUo'be at 4th Floor, Wisma
    236 words
  • Article, Illustration
    Bulls force prices a shade lower
    554 10 WITH stele talk «till seeking oppsrtoalttßß te liquidate, priees at tee pare stock market y ester day were a shade tower, compared wltk tke pre visas day's levels. Bat several Qna spats vmm* IS kt«MM "WW ■vHJtIMI. As Mljvi o staged a late rally,
    554 words
  • Article
    Steadier close in K. Lumpur
    569 10 WITH no fresh Incentives, < share prices were again < traded dispiritedly on the Kuala Lumpur stock ex- change. There was very little j change in the pattern of trading yesterday. Volumes 1 remained low and price movements were at a mini- < mum. 1
    569 words
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  • COMPANY NEWS
    • Article, Illustration
      Month of extremes
      1013 11 fT MOITH-9? MARCH was a month of extremes at the Singapore stock market. From its new seven-year peak of 504.11 points on March I, the Straits Times industrial index fell rapidly to the year's low of 446.34 points in Just 13 subsequent days of trading. The correction
      1,013 words
    • Article
      Plan to save Folex
      530 11  -  By LOW LEE CHOO SHAREHOLDERS of Folex Industries, the deeply-in-debted loss-stricken textile company, may soon face a new capital reconstruction scheme, expected to be proposed by its board of directors next month. Business Times understands that the scheme will basically incorporate an improvement in the proposed
      530 words
    • Article
      COMPANY BRIEFS
      309 11 UNITED Otmmm |Mk US$25 million floating rate notes due 1989 for the three-month interest period from March 31 to June 30, the notes will carry an interest rate of 19H per cent per annum. The SES has queried the bank on its proposed bonus issue of one for
      309 words
    • Article, Illustration
      Lock icon No Public secret
      538 11 uatamata §SJQO2«» by HOCK LOCK SIEW MALAYSIA Tattle Industries' (IITI) euphemistic announcement yesterday that it has received offers from several mater shareholders of Public Textiles to sell their collective 57.5 per cent holding st M 52.65 per share did not come as a surprise to the market.
      by HOCK LOCK SIEW  -  538 words
    • Article
      RESULTS DUE
      123 11 Date LM it Fall Year Ccapaay PHM AMOMI Net EP8 GfMI PrMaz laat pear <«**> Mr. Pnflt Sealion F 1/3 6.8 <*) 5.0 <*•») 4,057 Apollo Ent F 6/3 7.4 7 JS 4,353 Gratings F 9/3 22.0 12.5 44,279 K L Ind F 9/3 0.0 0.0 39L G
      123 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      145 11 liuutc Cuisine ulu Kashmir ("nivr fcH<\vvtv>n Id THE SANWA BANK, LIMITED SINGAPORE BRANCH ii U5520,000,000 NModable Floating Kate U.S. Dollar Certificates of Deposit due sth April, 1083 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period from 3rd April 1980 to 3rd
      145 words
    • Advertisement
      Page 11 Advertisements Column 2
      275 11 Ifyou mafe business decisions in Asia, you need TheAsianWdl Street Journal There is only one single.comprehensive, timely source of business information for busy executives in Asia The Asian Wall Street Journal. As Asia's only regional daily business publication, we provide news that is timely, authoritative and backed up by comprehensive,
      275 words
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  • Article
    SIA a mainstay of transport sector
    435 12 THE SIA group continued to play a major part in Singapore's transport and communication» sector last year, accounting for 25.9 per cent of the sector's output of *2-5 billion. The group's contribution Of |647 million to the sector was 12 percentage points «ore than
    435 words
  • Article
    World congress on forex
    173 12 THE Singapore Fores Club will be orga- nising the 22nd Association Cambtete Internationale (ACI) Congress to be in the Republic from June 5 to 8. The-congress will discuss: Whether frequent intervention by central in foreign exchange marked reflect the failure of the system of floating exchange
    173 words
  • Article
    LONDON STOCKS
    787 12 LONDON, Wed. Hie market dosed higher in small turnewer, dealers aid. At 3 pm, tbe FT Index was up L 3 at 433.7. Sentiment was boosted by the settlement at the steel dispute and government bonds shewed dosing gains ranging to Vi point 00 shares were Ann. with
    787 words
  • Article
    Singapore, Indonesia revise air services agreement
    203 12 THE air services agreement between Singapore and Indonesia was liberalised yesterday, allowing national carriers from the two countries to develop air Units further, between and beyond their countries. The agreement to revise the air pact was signed by the leaders of the two delegations
    203 words
  • Article
    Lock icon Feasibility study for petrochem complex
    115 12 AFP SAUDI Arabia and a Japanese consortium led by the Mitsubishi Group yesterday signed an interim agreement to start a feasibility study for a US$2 billion petrochemical complex in A 1 Jubayl on the Gulf. Mr Abdulaziz Al-Zamil, vice chairman and managing director the the
    AFP  -  115 words
  • Article
    BP may buy oil from spot market
    433 12  -  By HSUNG SEE HWA BRITISH Petroleum is expected to enter the spot market for oil this year because of a cutback in crude production by Kuwait, the fifth largest oil exporter in the world. Kuwait has announced that it intends to reduce its
    433 words
  • Article
    Guthrie to hit the expansion trail again
    590 12 GUTHRIE Corporation may purchase a privatelyowned foundry and railway container company in the United States. According to a report in the London daily, Financial Times, the deal is expected to lift Guthrie's North American turnover to £175 million. While local observers view the
    590 words
  • Article
    TRW finalising talks to set up shop here
    176 12 A MAJOR American supplier of high-technology products and engineering services is finalising negotiations with the Economic Development Board (EDB) to set up an aircraft repair and parts manufacturing facility in Singapore. Upon final agreement, the entry of TRW, the American conglomerate, will
    176 words
  • Article
    UIOH decides against making revised offer for UIC
    424 12  -  By ANTHONY TAN UNITED Industrial Overseas Holdings (UIOH) will not make a new offer to take over United Industrial Corporation (UIC). The move now paves the way for the higher bid of $4.50 by Hang Lung Development to be formally made soon.
    424 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      305 12 THE UNVEILING OF POWER. SPUD and SUPERB ROAD-HOLDING... These are just three of the many qualities of Porsche's neweet addition la Singapore the 924 Turbo. Th* newly styled 15" alloy wheels permits installation of a braking system; incorporebng tour internally ventilated disc brakes; for much better performance. The gnllea. left
      305 words
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      Page 12 Advertisements Column 2
      76 12 NOTICE To holders of the Boeing rate US. DoAar Certificates of Depoelt duo stfi Apt, IMI ofc UNITED OVERSEAS BANK LIMITED UOB Building 4 Ml mil m C* NO. 1| DOOOdfii ouvvi, Raffles Place, Singapore 0104. w We hereby certify that the rate of interest payable on the above-mentioned Certificates
      76 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      162 12 v: SINGAPORE is likely to be affected by afternoon showers on 4 to 5 days during the next two weeks. Showers may be widespread on one or two days, said the Meteorological Service. Last month, rainfall was below average over about 75 per cent of Singapore. The highest rainfall for
      162 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon More bodies recovered
        110 13 UPI RESCUE workers on Tuesday recovered 15 more bodies from the North Sea around the scene of the collapsed oil rig Alexander Keilland which capsized with 212 persons on board. About 60 bodies have been found and 89 persons rescued, while 63 people remain missing. Police said
        UPI  -  110 words
      • Article
        Lock icon Strike called off
        100 13 Reuter PORTUGUESE ports were working normally on Tuesday after a proposed 48-hour strike by 5,000 port administration workers was called oft. Trade unions decided not to go ahead with the strike after the government proposed putting into force a new labour contract which was to be approved
        Reuter  -  100 words
      • Article
        Lock icon Tanker freight rates
        68 13 Reuter THE London brokers' panel announced the weighted average world tanker freight rates assessed over the period Feb 16 to March 15 as follows, with previous month's figures. General purpose worldscale 255 versus 258.9, medium range worldscale 200 versus 215.3, large range one worldscale 123 versus 130.6,
        Reuter  -  68 words
    • Article, Illustration
      PNSC's six new ships to boost Far East run
      771 13  -  By GOH ENG KEE PAKISTAN National Shipping Corporation la using six multi-purpose general cargo ships being built by Japanese shipyards to boost its Far East shipping service. The 15,000-dwt newbulldings are put on the monthly service as they are delivered to
      771 words
    • Article
      INDEX TO ADVERTISERS
      528 13 SUpftagliM Page Col Shlpptag Uae Cai Adriatic Afea All trans Alpac Angkutan ANL APL Argentine ASCL Asia Merchant Atlas Bangladesh Bank Line BBS Ben Line Ben Ocean Ben Asia Ben bulk Blue Funnel Burmese CAVN-FMG Ceylon China Nav China Ocean CMCR Cnan Colombo Coot Combo Line Djakarta
      528 words
    • Article, Illustration
      Lighthouse makes way for port extension
      152 14 THIS Bremerhaven lighthouse has not yet reached the biblical age of three score and ten but its days are numbered. This steel colossus at the mouth of the Weser in the North Sea must make way for extensions to the port's container terminal. Plans
      152 words
    • Article
      Sea-Land Service braces for tough times ahead
      220 14 AMERICA'S Sea-Land, one of the world's major container skipping tines, is battening its hatehes for a difficult two-year period, its parent R J Reynolds Industries Inc reported. Not the least of its earrent worries is the possibility sI another damaging longshoremen's strike atfee
      220 words
    • Article
      Container Schedules
      976 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      976 words
    • Article
      LONDON FREIGHTS
      1482 14 CHARTERING was much quieter in the North American grain sector on Tuesday, but the slightly higher rate of US$lB (Bo) was agreed for heavy grain from US Gulf to the Netherlands/Belgium for April 3/14. Wheat business was concluded from the Gulf to Chile at $39.20 free discharge for
      1,482 words
    • Article, Illustration
      Dutch yacht leading on time handicap
      494 15 NEDLLOYD SPICE RACE TWO WEEKS after the start of the Nedlloyd Spice Race from Jakarta to Rotterdam via Capetown, the small Dutch yacht Prodeat captained by Dirk Nauta is i—iting on Hm» handicap. The Pndeat is followed by Flying Wylma captained by Gerard DiJkstra
      494 words
    • Article
      UK to provide £211m state spending for ports industry
      479 15 THE UK government is providing £211 million (or state spending on the ports industry in the next (our years with local authority ports accounting (or one third o( the cash. The Treasury's White Paper on public spending shows that the £61
      479 words
    • Article, Illustration
      SHIPS IN PORT
      445 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barge Eng TOU 34 (0700) 22 Centaur (Passenger) (1600)6 Daugavpils (Tanker) (0600 P/O Subject Gas Free) 15/ 16 Dong Ming (after Vladimir Korolenko) 8/9 Eugeniusz Kwiatkowski (1100 after Chidambaram) 31/32 Golden Wonder (after Golden Eastern) 23 Kyuta Maru (after Mintsung) 40/41 Japan
      445 words
    • Article
      SHIPPING LIST where your ships are due ... and when
      3922 19 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port
      3,922 words
    • Article
      WORLD SERVICES
      226 20 FAB IT—I isatfc Africa: Nedlloyd Lines has concluded a slot charter agreement with Mltaui OSK Lines on the Far East to South Africa trade. The move amounts to a further rationalisation of the trade and involves Nedlloyd taking space on Mitsul's end of month sailings from the Far
      226 words
    • Article
      Owner's fears for vital sea lanes
      613 20 CALLS FOR MILITARY PRESENCE A TOP British shipowner has added his voice to calls for the restoration of a substantial Western military presence east of Sues. In a wide-ranging attack on the Soviet Union, Overseas Containers Ltd chairman Sir Ronald Swayne expressed strong fears
      613 words
    • Article
      Lock icon Canterbury sparks off mixed reaction
      149 20 Reuter ANGBY Mt-wtofen ytOt* "f kMM" at Ttatttof New Iwihii frigate GulrII hai aariMpatoi la ft Bw -ttw naße tw die to prepare far ft pMrfMaaaeiaarmr. While BtaMftato 4m araaai the haraear la vaw •heattaf M we4eeme" to the MIMm Gaatorhaij. Alaat M LaMato wave
      Reuter  -  149 words
    • Article
      Shipowners should resist speculative ordering
      279 20 SHIPOWNERS were urged not to plunge into a new wave of "speculative order tag". The plea came from Mr Brian Shaw, chairman of the Furnees Withy Ooup. He was delivering the Reginald Grout Memorial Lecture to the Chartered Institute o( Transport. "British and European shipowners
      279 words
    • Article
      Lock icon China-US agreement
      173 20 AP THE UNITED States and China have resumed negotiations on a maritime agreement in Beijing but negotiators said talks were in preliminary stages. A negotiating team from the departments o( State, Commerce and Labour arrived on Saturday In Beijing and opened discussions with the Chinese Ministry of Communications
      AP  -  173 words
    • Article
      WHO ACTS FOR WHOM..
      1407 20 The leading shipping lines operating from local ports nnd the agents who handle cargo bookings for them. A-B Adriatic CmMmt Container Feeder* (S)/Cargo Freight (PK). AFKA Singapore Shipping Agenciee (S)/Euro-AaU Line (PK/PN). AIM C. Tnatii Sea Consortium (S)/Marlntex Enterprise (PK). Alpae Intraaea (S)/Yeo Shpg and Trading
      1,407 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      223 13 <£ cnan 4/c/rii.m N.itnm.it LintWE SERVE MEDITERRANEAN AND ALGERIAN PORTS 11 J HMMcmctmmitwins bJ AIENCY FTL LTI. T#fc *****4 (5 lines) SINGAPORE Orient Overseas Co*dcuMeA Line m r-rr, n xJL 'itr 17 12/4 14/4 tUiMKH KPTWCQMII7I 16/4 11/4 24/4 2s/4 4/5 6/5 9/5 11/5 18/5 20/5 25/5 27/5 71 (STRAITS
      223 words
    • Advertisement
      Page 13 Advertisements Column 2
      301 13 Ml SEALORI) LJU iilJ AN [AH 14 UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES —nr»iTffrT?^— FULLY CONTAINERISED SERVICE □ran NAVIGATOR V.5 Dubai (24/4). Abu Dhabi (26/4). Doha (28/4), Bahrain (30/4), Mina Qaboos (2/5), Umm Qasr (4/5) Dubai (25/5), Abu Dhabi (27/5), Doha (29/5), Bahrain (31/5), Mma
      301 words
    • Advertisement
      Page 13 Advertisements Column 3
      715 13 |J\ QRANARD LINK INDEPENDENT-ATTRACTIVE RATES MEDiTEMANEAN/EAST ASIA SEM VICE ACCEPTING CONTAINER CARGO PCL ONLY FOR. KRT SAID, ALEXANDRIA. KOIUT. LATTAKIA, lIMASSOL. ISTANBUL 4 PIRAEUS Specially engaged agents stevedores providing immediate discharge. srmuu tNimin mucus n pte im TEL *****77 (5 Lines) rasa CONTAINER Schedule* LONDON Freight* SHIPS fai Part SHIPPING
      715 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      429 14 LEO SHIPPING PERNAS-MISC PTE LTD. SHIPPING AGENCIES SDN BHD SINGAPORE PORT KELANG PENANG MALAYSIANMTERNATIONAL SHPPMG CORPORATION BERHAD HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 Mm Accepting Far 1) Barcelona Genoa. 2) Amsterdam Antwerp. I Havre. Bilbao. Basle. UK. 3) Bremen. Bremenhaven. Aartws. Copenhagen Helsinki 4) Malmo Stockholm. Oslo 'Accepting
      429 words
    • Advertisement
      Page 14 Advertisements Column 2
      104 14 BBS SUPERCARRIER SERVICE BBS SUPERCARRIERS carry your cargo to: LOS ANGELES SAN FRANCISCO SAN DIEGO OAKLAND LONGBEACH STOCKTON PANAMA (CRISTOBAL) and U.S. EAST COAST PORTS BBS SUPERCARRIERS accept cargo from: SINGAPORE PORT KELANG (containers by feeder) PENANG (containers by feeder) Next Supercarrier: BARBER TAIF ETA Singapore 16th April 1980 EXPRESS
      104 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      610 15 Overseas |l Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sebeh, Serawek, Brunei Ports and Bangkok CoitatawnNp Sanies* To/From Bangkok t/tApr 12/11 M IVI4 M tt/!*Apr Sarawak and Bnwai emmaam SSS. BB BIfIHBL HUta Oraai ttm Li Km Sim PJUIMI S pore IM Me ■tap Km Mi tM
      610 words
    • Advertisement
      Page 15 Advertisements Column 2
      308 15 pfa Franco B(*l(jictn Services v.MJ.YW--. li. r b 'it*. I Xr.f •Iv..' CI i7\ i IIJ ...i. C.M.C.R. tin -4 $E) Seatrain Pacific Services S.A TrrrrrT^TTirr SINr.APORI Optorq Shippinq Pte. Ltd. C*S???4O4l TprmmMl ??oS4*> IjE L M A (MPRKA I IMf- AMAPI! If oftlft I umpui S»>/S9 Port K »*l*ng
      308 words
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  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      708 16 rHapag-Uoyd RUT CONTWOBB) TO EUROPE 24/4 26/4 1/5 3/5 8/6 10/6 EXPRESS CONKNTXMM. TO EUROPE Vpan mm Smm HW| taw Ua Mw tata BMm* 28/4 1/5 20/5 2/6 5/6 30/5 28/5 MB 17/5 19/5 10/6 25/6 28/6 22/6 20/6 nur CONT AMUSED TO GEMM/TMESTE TW HK S>n r lata« 6mm
      708 words
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      Page 16 Advertisements Column 2
      418 16 H LINE KOREA SHIPPING CORPN f. Koiang VEGA 147* VEGA 148E ALTA* 151N ALTAR 152E STORE 9/12 Apr 9/12 Apr 9/11 May 12/16 May 9/11 May 12/16 May PENANG CALL SUBJECT MXJCEMENT FMBUSAN BANGKOK TOBUSAN FOR BUSAM BANGKOK TO BUSAN KC KSC KSC KSC KSC KSC KSC KSC KSC KSC
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      Page 16 Advertisements Column 3
      556 16 r EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTMRP. LE HAVRE ALSO ACCEPTMG CARGO FOR: UMTED KMGDOM SOmUMPTON. LONDON. MANCHESTER. BIRMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BOTRSRVfir HOLLAND AMSTERDAM S>rt Kan*w| F*Mmn tottwOaa Mw| Lt Km [ml&l 21 A»r 11 kb,
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      Page 16 Advertisements Column 4
      824 16 1 /I I s Everett Lines Burma Fiva Star Shipping Corpn. "BURMESE NATIONAL LINE" LOADING FOR RANGOON HIMIMmM N Pat/4 Apr «W« 1/10 to PNASHNKrAimM 10/12 to t\/H Apr Apr BFS S C Agents m Moloyvo TEPS MALAYSIA Compania Argantina Da Navayacton Intareontinantal S. A. C.I. F. "ARGENTINE NATIONAL LINE"
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      Page 16 Advertisements Column 5
      534 16 II II II f■ I 1 I "If 11 1' T mo.s.E. I A 3 s y OCEAN SHIPPING ENTERPRISES PIE LTD imy ma.. rut mm gjl SANKYO LINE AUSTRALIA SERVICE P. Katang Sh|«n LaaMg lar 22/23 Apr 19/21 Apr SID, MEL. MQ. S/IMay S/U May MEL. Id BANGLADESH SERVICE
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      637 17 PIL GROUP EAST AFRICA/REDSEA SERVICE KOTA CANAYA Vl« My Hode*w> hmmmm UJT« am u/isV M«. Port Sudan KOTA T ANIONS S/ll May Port Sudan. Hoderiah. Mombasa. Oar Es SaiM COLOMBO/KARACHI/P. GULF SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES Loading For: Chittagong. Madras SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES *01* fiAMH. KOHRM—. KOTA MACHAN. 12/14 Apr SINGAPORE/INOONESIA/SINGAPORE SERVICES 111
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      Page 17 Advertisements Column 2
      673 17 n^j BENLINE CONTAINER> EXPttSS CONTAMER SERVICE TO/FROM EUROPE S pore P Keiang V« 11/4 13/4 19/4 21/4 HBORC BHAVEN KOMI m burnt*y/ Awstria Antwerp 14/4 24/4 27/4 1/5 l/l) 2/5 11/5 15/5 14/5 21/5 22/5 22/5 24/5 25/5 HAVRE SOT France M I 29/4 a (U/5) 31 11/5 II 12/5
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      Page 17 Advertisements Column 3
      892 17 s An 1 7< Scan Dutch WEEKLY EXPRESS CONTAINER SERVICE FwteFMto Spare l>VMta?)r«Mi 3)tfkirf 4)C'a«rf r*. r}££ M W* W* a/4 ia J LrSft, ua *a «/j vi i/j */i StoET 1/4 11/5 »Vi 17/5 ST* aa IV» ua aa »/s SSI— «a na aa a/s aa Sum 11/5 vri
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      Page 17 Advertisements Column 4
      634 17 4 f it \l v i i 1 f f K V T w< fc v, Sfc f I ii'V J < ft 1 i 1 l, I k ii" r »i 1 v i, t BOUSTEAD r»gc SHIPPING AGENCIES THE BANK LINE LTD LOADS FOR E. ft S. AFRICA
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      Page 18 Advertisements Column 1
      874 18 K line KAWASAKI KISEN KAISHA. LTD. TO NORTH AMERICA TOajrau- »no*aas u si ■> Ml* Aca 1W (M jjpM fc lt/4. 29/4 AlatAa Mm 11/4 M/ 4 i./. w SMS"" Z un Z n U*a M* M(i 7/5 17/5 -»«>« i;; /s Um tot* Bn*a 7/5 17/5 Ihnr 1/5 31/5
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      Page 18 Advertisements Column 2
      577 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lM*| tar: lOS AMOKS. MM FRANCISCO. «ATTU. TACOMA. VANCOUVER. B.C. AccapM| FCI/FCI CaMMert f- Mam $**apart I 'TO MMU PMOCJK' S Apr I Bp B SO NMMJM UN* linn w S O NAGAUM 10 May II mi 14 Me to MMB 14 AM
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      Page 18 Advertisements Column 3
      525 18 1 < •I'Olip SINGAPORE SHIPPING AGENCIES PTE LTD ,'OIH UOOH (K AN BUHDiNCi SINGAPORI I MAR R TINC» mvjmiMSl OfNIBAi 91 1111 {14 I INI Si T{ I HS .'asts WS A R l ARSMIP AH. I t ARttOSMIP ILiUfJ Container IJiirs WEEKLY CONTAINER SERVICE to/from BANGKOK VDT STOM(IM) 9m)
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      Page 18 Advertisements Column 4
      571 18 U i/rr GRANARD LIME INDEPENDENT jb< 7FS MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINED CARGO FCL ONLY FOR; PORT SAID. ALEXANDRIA. BEIRUT. LATTAKIA. UMASSOL ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge (MOD WW TOM V 381 V r fiJ, MV. MM TAT V. 3M 3 km MAN
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      Page 18 Advertisements Column 5
      579 18 INTRASEA (PTE) LTD. f .ib»'i House 234E Orchard Poad Sinq.ipore 9 Telephone 1******5/ WTt REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE KfiULM NXKMUII SOM/FUL CONTAIER SERMCE 10 BBOPE rbts iVa? ii 1 1 1 wnrLSi/w (•MM) RB7t 7 May 3 May DOU.OGNE/1* (AVON) "■77- 17 Bay rOMI/UK (AVON) »W" WTKASA
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      Page 19 Advertisements Column 1
      123 19 r- j j ri.i MnuMn rvnws w/vrvn r iiivi Mm accepting carjo to/from Scandnavia ftOCATOR S pore Cton* Tin FCI Carp 0001 9/4 LCI Cart* 1200 1/4 FKMMfTIE 5/5 11/5 Also accapting transhipment cargo to/from Bangkok and E. Malaysia +H TQMSCK S port CM* Itatc FCI Cargo 2100 0/4 La
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      Page 20 Advertisements Column 1
      286 20 WORLD LINE EXPRESS REGULAR SERVICES JAPAN/HONGKONG/STRAITS ftrtUta* Gan.*** ftMMOUN KIT URJM. Tit IMMI/ HUM/ 3M257 Support Gowtl Swim tot HOUNT FtUX" Voy. 11 ai bt Md oa 7th Apr. 80 it Pn tap* Gd*. 302 Hm W OO to 12.D0. No Mm wrwy bt MM. K KMUNKR (AUSTRALIA) PIY. LTD.
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      Page 20 Advertisements Column 2
      151 20 19/4 Oar fitir!* figy- c* (KlQyllf fortnightly iipr—i unllotd nfylotj MLV. THAI YANG VOY 5/10 M.V. THAI YANG VOY i/N (VHMI Ml M7S. M A|Mb rniMDCTMM PI T* MM/M Mm: HR MA P. Kdanc Load! 15/11 Apr M 2/3 May M I hMvy UtM mkMt) rmnnum m«KM. MMMU/SWI SUNG FROM
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      157 20 m Regional Weather r s :Vx' :ii¥s:s y *3 •T7l S:i k 05 A :<;VS 1 •v* .oh at aid •X' KC;:. a m X m 9 SS;: E (l < <7T« r. r, .vx-x-;-: 100E SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MOftNINQ. °c .CP Op U1...
      157 words