The Business Times, 10 April 1980

Microfilm: NL10553
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.CJP) N* 111/1/81 THURSDAY, APRIL 11, IIM 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Warning from Carter
      82 1 AP WASHINGTON, Wed. With US allies wavering in their decision to support economic sanrtkps against Iran for fear of cot in oil supplies, the Administration of President Carter is warning US allies that it, too, can shut off the Iranian oil tap. Tte Administration reportedly is considering
      AP  -  82 words
    • Article
      Lock icon Closer to war
      80 1 UPI LONDON, Wed. Iran declared that it would "overthrow" the ruling regime in neighbouring Iraq in a move that could bring the two feuding nations doner to open warfare. The statement by banian Foreign Minister Sadegh Qhothaideh followed a cross Ore of words between AyatoUah Ruhollah Khomeiny
      UPI  -  80 words
    • Article
      Lock icon Shah fully recovered
      37 1 UPI CAIRO, Wed. Doctors discharged the exiled Shah of Iran from the hospital pronounced him fully recovered from surgery carried out 13 days ago for removal of his cancer-infected spieen, his physicians said. UPI
      UPI  -  37 words
    • Article
      Lock icon Business links
      51 1 AFP JAKARTA, Wed. An advertisement in a Jakarta newspaper, Harlan Inrtonpsin, has paved the way for direct buslines links between Tirtrswsi» and lb» advertisement offered services to those wishing to send goods to their relatives in Ckin» and asked them to contact post office box numbered 1531, Jakarta.
      AFP  -  51 words
    • Article
      Lock icon New rules
      84 1 AFP WASHINGTON, Wed. Foreigners engaged la commodity futures trading in America will cease to enjoy secrecy from now on under new rules atmminrwl by the Commodity Futures Trading ConuniHioiL Past speculation in silver is understood to have prompted the move. From now on, foreign brokers will be obUged
      AFP  -  84 words
    • Article
      Lock icon Side-stepping manoeuvre
      86 1 AFP STAVANGER, Norway, Wed. Swiss planes sold to various Latin American countries are transitted secretly through Norway to sidestep criticism of the deals, according to a Norwegian daily. Rogalands Avis sud that since last summer, eight PC-7 Pilatus two-seater, one-engine planes had been delivered to Bolivia and 12
      AFP  -  86 words
    • Article
      Lock icon Dow Jones
      49 1 AP NEW YORK, Wed. Stock prices moved higher in early trading. The Dow Jones average of 30 industrials, up 6.66 on Tuesday, rose another 3.41 to 778.41 in the first half hour. Advancing issues outnumbered losers almost two to one on the New York Stock Exchange. AP
      AP  -  49 words
  • Article
    Chief Price Changes
    141 1 Rises Mates CUtem Kaafcal Kttk Stu Ccrya U A c""* SSA'W M CmmM 404 352 940 MO 424 904 904 MO SB ••■It fU u 10 ■ft ■ft +t 5 ■ft Falls PMC PMII Metro Hldga Nat Iroa Maf a Cheat Gnttefi P M Hid®. Laoaf Hoal
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  • Article, Illustration
    KUALA LUMPUR
    163 1 Rises Indices H GOf H Royal 484 988 +90 +43 B.T. Index: Apr 8 Apr 9 6702.63 0719 94 K Kampar m +10 Industrials: 525.46 525.75 PMC 535 +10 Finance: 723.97 724.65 327.23 330.97 Magnum Corp 665 +10 Hotels: Sg Ben Kuchai 1380 HO +10 +oi Properties: Tins:
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  • Article
    Labour problems at Tan Chong
    658 1  -  'NO HEART TO WORK' By JOHN LIM ABOUT 250 employ*» at Tan Chong Motors are still waiting for their new collective agreement more than half a year after the previous agreement expired last September. Fresh proposals were submitted more than five months ago but it
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  • Article
    Gold continues on its uptrend
    232 1 THE reversal in fortunes in both the foreign exchange and gold maikets continued un&b&ted ycstcr* day. f While the Americaa dolfcr toafeW beiswShs levels after its sharp plunge on Tuesday, the spot gold bullion price continued to rally strongly and looks set to exceed the
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  • Article
    Queueing system for FRCDs to go
    374 1  -  •9 RUTH CHENG to rule the future oT FRCDs In Mngspore. la the (ace of over ■fcilmlng support by bankers, MAS has abandoned the restrictive queueing system and agreed to a more fif—rr Aire approach. The present method, under which towers must wait their
    374 words
  • Article
    Belgian technology transfer
    329 1 A LARGE Belgian company has set up a regional representative office in the Republic to offer its industrial expertise to organisations encountering problems of staff training, start-up and operation of new industrial installations. The office, established by one of the division of Fabrique National* Herstal involved in
    329 words
  • Article
    Hongkong Land profit rises by 8 per cent
    151 1 ■ONGKONQ LAND uJ'j!?g to'eeLE dated net profits from HKfWM nsllMsn to H>lJ year eadsd Dee a last at tw* tor IS st a prise at gtojrjag to Jtoe to prepeaed, together am a final ■illsi at esnto per skate wMet totog too
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  • Article
    Green light for cheque clearing
    350 1  -  By CHOO AI LENG BANKERS are no# a step nearer to an automated cheque clearing system following the derision at the Monetary Authority of Singapore to let bankers undertake the project. In a letter seat in late February to the Association of Banks in Singapore,
    350 words
  • Article
    MTUC to protest
    126 1 PICKETS will be organised by workers Malaysia on April 21 to protest «gainst the amendments to the labour laws. Malaysian Trades Union Cbngress president Mr P P Narayanan said members of the IJ6 affiliated unfcn would picket at their work sites. SpeakIm MftCT i HhmOiiMtf WTtlp fPPWTAI
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      5 1 n P 8m back page
      5 words
    • Advertisement
      Page 1 Advertisements Column 2
      78 1 Word Processing Systems The Office Efficiency pSus The AES Plus* is placed among the leeder* of the world In Word Processing. The AES objectives of efficiency In time-usage, comfort and flexibility In me presentation of the written word have been fulty achieved with the development of the AES Plus system.
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    • Advertisement
      Page 1 Advertisements Column 3
      66 1 EFFECTS «f fewer electricity MARKETING strategies at ■sage la the US I Bate (M) pay tivMead II WHY rimMltaaeiM Me with WHO It te he blamed tor JebTaiwae ud Ckiaa Is accessary. I heppiag? It CREDIT mimm for aea- IRANIAN strtfli threatea te haakiag Jets 7 kill hsstaaes 12 AIRCRAFT
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      Page 1 Advertisements Column 4
      140 1 For FAST. CLOW CLEAN PRINTING Look for 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.
      140 words
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  • TRADE AND INDUSTRY
    • Article
      Performance of industrial companies
      417 2  -  By HSUNG BEE HWA THE electronics and electrical industry continued to be the main contributor to value added of the Stag* pore manufautiiilng ssctor which amounted to $L 2 billion last year. The hshliy acmmtiii tar almost übs fifth or $L 2 bfihen of the value
      417 words
    • Article
      Presha sets up office in S'pore
      112 2 PRESHA Engineering, an Australia manufacturer involved in steam generators, boilers, fuel pumps and fire trucks, has set up a representative office in Singapore. Presha has been particularly active in the fire equipment Une line tn the region. Tlx company baa and 0 general purpose
      112 words
    • Article
      Professor Durbin
      66 2 PROFESSOR James Dur- M M an, promoeor or staasucs at the London School of Economics» wfll be giving a seminar on Regression Analyst* of Time Series Data at the University of Stanniv tomorrow. He Is currently visiting tbe Department of Economics and Statistics as an external examiner In
      66 words
    • Article
      Boustead
      45 2 BOUSTEAD Trading (Singapore) lias chnnged its name to Boustsad Marketing and MftfiflgT"***** Services. Hie new name reflects the expansion and diversification of the company to kaep up with changes. It also mare accurately defines the role which the company is playing within the group.
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    • Article, Illustration
      Gatx-Fuller reveals conversion equipment
      248 2 AN AUSTRALIAN company, Gatx-Fuller Australasia, is trying to convince several South-east Asian cement companies to undergo conversion of their oil-fired plants to coal-bassd ones via conversion equipment developed by Gatx-FuQer. A report Inui il tar the Australian Trade Commissioner's Office in Singapore said a successful cuivetshni
      248 words
    • Article
      NPB to hold safety course
      198 2 SAFETY inetiuction for Brst-Uae supervisors la the shipbuilding and repairing industry wm be the main objective of a Nattoaal Productivity Board (NFB) courae to be held from April 21 to May If, at tits YMCA International Centre. The NPB course will equip supervisors la the
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    • Article
      MEMO PAD
      517 2 BKMNABB AND COUBBES April 14: Marketing for Secretaries, Hilton Hotel, Consulasia April 14*15: Fwrntlnl Management Skills, Hilton Hotel, Consulasia April 14-30: Plastic Material and Additives, RELC International House, National Productivity Board April 15: Finance for Secretaries, Hilton Hotel, Consulasia April 15-17: Finance for Saks and Marketing Managers, Hilton
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    • Article, Illustration
      PEOPLE IN BUSINESS
      181 2 BOM HO, IT, of Borneo appointed marketing servMr Teo has been In the motor trade for fourteen rears. He stnrted Me career with the local Ford franchise dealer. He then Joined Ford Motor Company, which assembles motor vehicles in Sing»pore, ne mien, marketing and public relations Borneo
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    • Article, Illustration
      MOBILE ROLL-FORMER
      229 2 A LOCAL building mafprials manufacturer has introduced the concept of a mobile "factory" to produce extra-long lengths of roof and wall cladding sheets at construction sites. The company, John Lysaght (SEA), recently brought into Singapore a mobile roll-former. The roll-former enables long roofing and wall claddings to be
      229 words
  • Page 2 Advertisements
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      207 3 compared to the prices stretching from Australia to Japan including Taiwan, Korea, Hong Kong and the neighbouring countries. ACMA airconditioners are unbeatable in price It offers the highest value for money, in terms of quality, capacity, cooling efficiency and noise level. This is supported by efficient after-sales-service with easy availability
      207 words
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  • RAW MATERIALS
    • Article
      Resistance to tin study
      566 4 THE MALAYSIAN Mines Research Institute's evaluation of tin deposits in Bumiputra reserves is expected to be completed in May and its report should be available by the end of the year. However, MRI director Dr Hussia Hassan warned that the progress of the evaluation might be
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    • Article
      Produce exchange
      149 4 CIINBBB Predaee Exchange, Sfegapere, noon elering priees per ileal yesterday: Csesnot effl: Bulk $99 aettera, old drum HO5 sellers, new drum $109 sellers. Cepra: Mixed (loose) UK/ Coat $56.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $320.00 sellers, Sarawak white fob 96% NLW $305.00 sellers, Sarawak special
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    • Article
      RICE
      329 4 SINGAPORE: Yesterday's closing prices in S| per kOoj ex-godown: THAI WHITE: M per cent first class (Kangaroo) new crop LOS, 10ft per cent second ciaas 0.10, m per ceat third class 0 M, 25 per cent new crop no stock, B-10 per ceat 0.80. THAI BROKEN: A-super 0.68, Special
      329 words
    • Article
      RUBBER
      337 4 THE SINGAPORE market closed higher yesterday with May One RSS buyers quoted st 332.50 cents per kilo, up 5.50 cents from Tuesday's close, dealers said. Morning prices were marked up slightly on higher London advices, trade buying and ahortcovering demand, they said. Afternoon prices gained further ground on higher
      337 words
    • Article
      RAS PRICES
      282 4 R.AS. prices In cenu per kilo yesterday: (per Bio) (per kilo) Int. 1 R-S.S. prompt f o b. IM M TB.W int. i r s s kfay mat am Int. 1 RSS. June SUi am Int. 2 R-S.S. 3UJ0 3U.00N UK/Com 310.00 2UJW ibliil&s. moo mom UK/coat 307.00
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    • Article
      SSR and SMR
      102 4 NOON 88R and 81 RA8 8SRJ0 < SSR30 mil a MR pro* 5 1-MpriW 1-tm palM mtmtm <?S i mo Ma lay Ml MU) Mm 0 JOIjOON o mooN f mc J mi IvM iHNU) f Mm mooN n mooN SMS tcv < tarn Con ka ■torn
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    • Article
      PALM OIL
      132 4 THE MARKET in Kuala* Lumpur yesterday rose in thin trading with sellers cautious over the Trutinn tender for refined bleached deodorised olein owing to the sharp fall in the US dollar, dealers said. In the north, April rose M*ls to »,010 per tonne while the southern region stayed
      132 words
    • Article
      SOYBEAN
      215 4 CHICAQO Board of Trade soybean futures closed US 5 to 3V« cents per bushel higher on Tuesday. Soybeans were firm most of the day, despite trade talk, later confirmed, that the (XX was retendering embargoed beans, sources said. The apparent confirmation of last week's technical reversal also lent support
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    • Article
      WHEAT
      194 4 CHICAGO Board of Trade wheat 1 future* ck»ed up US 7«/ i to 2 cents per bushel oa Tuesday. The 43.9 am» bushels of wheat bought by the COC last week gave initial strength to the market, traders said. Rumours that the pasted bids by the tJsda were 20
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    • Article
      LME STATISTICS
      132 4 STOCKS in London Metal Exchange official ware-' houses at the end of last week, (all in tonnes except silver, which is in troy ounces): Copper rose 3725 to 121,650. Tin fell 130 to 32G5. Lead rase 775 to *****. Zinc rose 750 to 5L250. Aluminium rose 3675 to
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    • Article
      Straits Tin
      53 4 THE Straits tta nrlee la Pi—g yesterday 2» mtrnr pletlto WM, $179atove Ike lateraatleaal Tin Agreemeat eelllag, dealers said. Metejteiwm mrSf kit a shan taL enaaei are ceatrifcatisa fria miaeri we raw. Taraever rase te M 4 tsaaea tram lM tsnes sa Tsnsday aai most dealers detected as
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    • Article
      CLOSING PRICES
      36 4 Rubber April 9 Singapore: May: 332.50 cents (np 5.00 cents) Malaysia: May: 335.50 cents (up &50 cents) Tin: Ms2^24 (equivalent to *38.42 per kilo) (an 6 cents) Official offeriag: 244 tonnes (ap 110 tonnes)
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    • Article
      TEXTILES
      185 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (la HK dollar*, spot ex-go-down) Osttaa yata: m» Phoenix 2k 2J75; 3k 2,770, 4k 3,000 (per bale of 4« lbs). Pises gMdi: Chins Butterfly sad Globe brand unq; Dragon Head imq; Five lambi unq; Flower and Butterfly unq;
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    • Article
      LONDON MARKETS
      902 4 COFFEE: Futures extended i opening losses to close the i morning £16 to £6 per tonne down from Tuesday, after opening up to around £12 lower. Turnover was IMB lots including six option*. Dealers said values continued to move lower in quiet trading following the opening call where
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  • ASIAN STOCKS
    • Article
      Lock icon Stocks higher
      397 4 TQKYO Reuter SHARE prices closed higher yesterday in fairly active trading on selective buying in speculatives and incentive backed shares, despite uncertainty ovfer the Iranian situation and currency movements, dealers said. The Dow Jones average rose 25.70 to 6,708.24, with volume of 370 million shares. The Tokyo Stock
      Reuter  -  397 words
    • Article
      Hongkong
      192 4 STOCK prices closed slightly higher yesterday in quiet lacklustre trading, muted by fears of a possible rise in local interest rates at Saturday's meeting of the Ex- change Banks Association interest rate sub-committee, dealers said. The Hang Seng index closed up 1.37 points at 775.19 with operators cautious ahead
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    • Article
      Sydney
      263 4 LATE profit-taking took the edge off several stocks yesterday but stronger gold and base metal prices, left room for scattered gains, brokers said. Central Norseman led the stronger gold sector with a 40-cent gain to As 6 while Mim firmed 15 cents to $4.30 on confirmation of a $740
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    • Article
      Bangkok
      166 4 STOCK prices closed lower yesterday as cost of funds continued to rise in money market, but trading was inactive, dealer; said. Atfa Credit 110 +1 Asia Fibre ,137 Arutten In*. AndTtaat 1M unci) IWi>|fcr>> Bangkok Bank M 4 8 ss^t, DW lonrum Bangkok Metropolitan Ban Bangkok Nylon Bank Of
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    • Article
      Manila
      116 4 THE market dosed with minings and oils higher yesterday while commercials and industrials continued slightly lower, dealers said. Turnover rose to 5.0 million pesos from Tuesday's 2.4 million. APR hw isa oHl? AUM 000.-«. JUX> Bacuio OOM aan +M*M BnfMt Con. B TUB 4-1 BT OoMtrteh l&JO unci) CDCP
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    • Article
      Selected indices
      58 4 FINANCIAL. TIMES INDUSTRIALS Tuesday 420.7 Monday closed Week Ago 433.4 DOW JONE8 AVERAGE INDU8TRIAL8 Tuesday ***** Monday 783J4 Week Ago 7M.47 H.K.HANG 8ENG Wednesday 775.19 Tuesday ***** Week Ago 791.83 SYDNEY INDUSTRIALS Wednesday 006.90 Tuesday aoaik—i Week Ago eofiBT ALL ORDINAMM 3HT Wednesday H R Tuesday -.-JS .1TTDT-
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      195 4 SMITH-CORONA® ENTERPRISE T •%v a** ■v y%: m :;W N Nt 'V K The Smith-Corona Enterprise features the unique Coronamatic Cartridge System which allow* the choica and change of 7 kind* of ribbon in 3 seconds, without touching tha ribbon. High density black carbon ribbon for executive letters. Rausabla nylon
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  • OVERSEAS
    • Article, Illustration
      FROM BOAT TO BOX
      42 5 *w ysaagVtotaamesc retageM trading the rlgears sf a haiardeas beat jeoraey far the simple UMMemeat a( ft (HmmM hex eaee their families reached the havee ef Palaa Bldsnr. aa >aU i id the east eeact sf Peabmlar Malaysia.
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    • Article
      Lock icon Manila records 5.8pc growth
      419 5 AP THE Philippine economy grew by Si per cent last year, but the country slid deeper into debt and Filipino* had to battle against the worst inflation in five years, the Philippine central nank's 1979 annual report says. It Ma men the soaring cost of imported
      AP  -  419 words
    • Article
      Lock icon China's great leap into the computer era
      340 5 UPI CHINA'S economy lags at least a decade behind the West, but the country is attempting to leapfrog into the computer era. A Beijing commercial concern has just taken delivery of a US$2.2 million computer system from Automated Systems of Hongkong. The company
      UPI  -  340 words
    • Article
      Lock icon Britain will not impose import controls
      140 5 Reuter THE British Conservative government has told trade unionists that it has no intention of controlling imports to protect industry against foreign competition. Trade Secretary John Nott said the key factors behind Britain's trade deficit are low productivity and high inflation. "Import controls would
      Reuter  -  140 words
    • WORLD IN BRIEF
      • Article
        Lock icon EEC PLANS LEGISLATION
        412 5 Agencies THE EEC Commission is studying whether to make multinational corporations in the community submit to new compulsory social legislation. The aim of the projected rules is to force multinationals to provide workers with information about the whole group, such as its Investment or restructuring projects and
        Agencies  -  412 words
    • Article
      Lock icon Japanese economy making sustained expansion
      145 5 Reuter BRANCH managers of the Bank of Japan reported at a conference of the bank in Tokyo that the Japanese economy is making a sustained expansion on the strength of personal consumption and fixed investments. Bank officials said the trend of prices needs watching, however,
      Reuter  -  145 words
    • Article
      Lock icon Carter denies knowledge of loan
      543 5 NYT US presidential spokesman Jody Powell has denied any impropriety stemming from a Feb 19 meeting he set up between President Carter and New York Post publisher Rupert Murdoch. Following that luncheon meeting, the US Export-Im-port Bank approved a controversial loan to an Australian airline
      NYT  -  543 words
    • Article
      Lock icon Thai rice sale unlikely
      207 5 Reuter IT is very unlikely Thailand will agree to sell Iran an additional 100,000 tonnes of rice. Thai Board of Trade executive secretary Thapana Bunnag, when commenting on reports that Iran has approached Thailand for 100,000 tonnes 100 per cent white rice for delivery in the
      Reuter  -  207 words
    • Article
      Lock icon More may become jobless
      104 5 Reuter WEST German unemployment could rise by one million by 1990, from 875,900 in March this year, because of a predicted 7 per cent (all in car exports by then and a comparable rise in Japanese exports, a Marketing Systems GmbH study said. The study, reported
      Reuter  -  104 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      762 5 ARRIVALS Service Local Operator Number Time Froa PAA PA005 0025 NYC/SFO/HKG BN BN515 0130 LAX/SEL/HLP MAS MH682 0710 KCH SIA/BA 9Q/BA17 MH621 0715 LHR/BAH MAS 0835 PEN MAS MH607 0845 KUL SIA SQ101 0815 KUL RBA Bid 0830 BWN MAS MH671 0930 PEN/KUL SIA SQ211 1000 HLP
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      141 5 Now, examine ttie features of the >*- LJ 1 M a 0 it water-cooled, 2-cytinder 4-cycle OHC, proven to deliver tough dogged power at all engine speeds. completely flat, measures 1940 mm (6* 4") X 1310 mm (4 1 4"). Side and tail gates are detachable. Loading height is only
      141 words
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  • Article
    Employers hold the answer
    429 6 WORKER mobility, or as it is usually more graphically termed, job-hopping, is a fact of life in a market economy. Supply will follow demand, and as long as there is an employer somewhere offering more money or better working conditions, workers will Job-hop. Exhortations may be
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  • Article
    Time lor bankers to prove their mettle
    254 6 BANKERS have often complained that the monetary authorities are strewing too many regulations in their path. Hie queueing system for the issue of FRCDs has been but the latest in this long line of complaints from both bankers and borrowers. The decision of
    254 words
  • Article
    Lock icon Effects of lower electricity usage in the US
    1406 6  -  By ANTHONY PARISI NYT A FUNDAMENTAL change is apparently taking place in the United States' appetite for electricity. Since 1974 Americans have been ««ring far less electricity than the utility industry had expected, and now some analysts expect the rate of growth
    NYT  -  1,406 words
  • Article
    Lock icon Simultaneous trade with China and Taiwan urged
    853 6  -  Taiwan remains one of the ssfest markets in Asis while China continues to offer huge potential. This is the American rationsle for trading with both sides. JAMES STERBA reports. JAMES STERBA NYT BOTH China and Taiwan, in major but quiet policy changes, are
    NYT  -  853 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      92 6 "How do I like the AW SJ? I can't get through the day without it. It gives me not only the news I want to read, but the news I don't particularly want to read but should read in order to be on top of my job." Mr. Qyde McAvoy
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1216 6 Badminton Friendly repeat niiMvn i j ik. X3G X SINGAPORE 5 3.00 PM Openinf folowed by Sehryn 3.30 Diary of Events (Chinese) 3.35 Orar The Rainbow 4.25 Intermission 6.05 Opei*« Moved by "Journey The (Mar Units" (fart 2) 6.30 News in Brief 6.35 Adventures Of Superman 7.00 The Mqipet Show
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  • Article
    Lock icon Credit programmes for non-banking jobs
    880 7 NYT A MAN with a graduate degree in international relations entered a training programme at a top New York city bank. After the programme, he was sent to the bank's mid-western office to prospect for new accounts. Two years later he quit his Job and
    NYT  -  880 words
  • Article
    GIVE MORE DETAILS ON JACK CHIA-MPH AND MALAYAN CREDIT AFFAIR
    1429 7 f 1 Letters tc the Editor tJ Dear Sr, We must thank Mr Jack Chia for his views which appeared in Business Times on April Fool's day. As to Mr Jack Chia's claims of benefits to MCL, we can hardly
    1,429 words
  • Article
    Architect deserves more credit
    301 7  -  ALEX POO, TAY LEE SOON Dear Bir, We refer to Mr Ong Eng Hung's letter published in Business Times (March 29) titled "Two building projects and an architect". As former junior partners of BEP Akitek, we wish to point out that Mr Ong's letter did not
    301 words
  • Article
    STRAWS IN THE WIND
    244 7 AN INDONESIAN Health Ministry spokesman denied press reports that President Suharto had ordered the reduction of birth rate by 50 per cent in the next decade. "It is wrong. The reports have misquoted the President. He said (in a speech to family planning oficials recently) the
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  • Article
    Lock icon Camp David procedure at fault
    760 7  -  FOBUM with ROGER FISHER NYT WITH the autonomy on the future of the West Bank and Gaza deadlocked, and as President Anwar Sadat of Egypt visits Washington this week and Israeli prime minister Menachem Begin next week, there are calls for a new Camp David
    NYT  -  760 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      87 7 INDUSTRIAL CHEMICALS EXECUTIVE IT If you have about five years working experience in the physical trading of industrial chemicals, are well connected and familiar with Malaysia, Indonesia and Singapore area, then we believe we have a position of interest to you. If you believe this might be so, write in
      87 words
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      Page 7 Advertisements Column 2
      221 7 TAX HAVENS Tax Havens-where are they How can they be used? How can you cut your taxes by using them These are just some of the questions which are answered in this valuable guide. i?, y i 1 a TV® businessman or his pro Npp > '".jjjj LIM '-Ui< I%?
      221 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        165 8 A AQ#t -tvi uu 75.50 -i -a -1.5 22.60 -0.7 90.50 -2 AM 06.00 -15 F^sa 54 JO 34 00 -1.1 -2.5 b^p' M.50 1.3 B«W; zzrr. 50.00 -13 bof.*uinij Udrhnlnn 160 00 50.80 -2 •1 bypnkorf 60 00 unrh C\4tar«\Urtft 146.70 -15 1*4* Mij 88.80 08 122.00 -19
        165 words
      • Article
        Paris
        240 8 APR 0* m CORBEILLE Air-Uquide 484 -4 B S N Gervalx Danone 880 -2* C S K (Thomson Call 451 .3 Lie t'nncaiH des Petroles ***** -7,5 t'ooipofnle Kinanciert Compugnl* Generate .1 SSI Crrdu Koncwr Ue France 450 Huchette (Librairte) 236 -5 Machines Bull 57.30 -18 Micheltn <Bt no
        240 words
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        Brussels
        93 8 APR 08 m FORWARD MARKET Afw Artwd Aitur Braxcan Bra-Lamb 288 2115 490 686 1440 ♦10 unch -10 •M unch Canpuc Cock U* Bwrs Eb*i 994 285 280 1935 -22 unch ft *15 Elcotrobel Ob-Inno-Bm 0*v Hobok 5390 22W 1026 2590 >80 10 40 Prtro Ryl Dutch Siilm Soc
        93 words
      • Article
        Frankfurt
        204 8 A*f-Tel*tunken 81 JO -jj Akzo Alii Leben AIU Vers BASK 341.00 130 TO unch -13 Bay H T Wbank Bay Vbank ***** 2JU0 unch -2 Buyer BBC 115.00 moo -40 -25 BMW Casaella them Verw Commtrzbank Conti Oummi 158 50 ***** 157 JO •14 -1 -05 Daimler-Bens Drfusu Dema|
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      • Article
        Zurich
        185 8 APR 08 Francs Aruons Suisses 288 -a Alutuuw Br. 1135 unci) Alusuisse Rf| 41* -1 Brown Bowrl Br isoo -25 C'IbS Geify Br 170 -25 CI 6a Geify P C 740 -J8 Clbu Geify Rtt Credit Suisse Br 584 1115 -35 Credit Suisse Rrf m •1 Eleklrowati Br im
        185 words
      • Article
        Milan
        101 8 AfK UK Lire ♦A 9.90 -02b Auor Ci*n ***** -380 Builofi an .8 OnLral* 9120 -36 r»t.' 2R7 -11 Finsider 16 •8 On lmmob 6176 -03 W» Prt 2406 -96 IlaJcrnwnu luicu H 813 1 lialuder 306 -4 MiptU M PI 502 -3 Marrth n* 340 •10 Mediob *****
        101 words
    • Article
      TORONTO
      192 8 AI'H OH CI Abmbi 11 unch Alran 1 Aifoma jr.- Bunk Mont o"• Bank Nova SroUa Bell Tel 17 .i. Beth Corp BP Can Ltd ZZI «j'. Hru* an 25 'i Camp Red Lake X Can Imp Bk 22 Canpar 37'. Canpac In* Pf Carling O'Keefe e Cominco «i
      192 words
    • Article
      JOHANNESBURG
      282 8 apr at Rand INDUSTRIALS A Alpha 30 unch AE And CI 710 410 AMI C >100 -so Barlows C( Sugar CNA Currie Finance MO 1075 10 436 lja S Ue Brers Ind 2400B unch Ed con Edgars L._. SOO 6100B 5 Eve ready led Votk 4|« Euglt Oardian Gienanl
      282 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      194 8 Where to wine, dine and entertain Xf>c (<T>cf corticc at 8.15t»n cticrtj at tip $arott's taHe. In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in town. Treat yourself to a hearty slice
      194 words
    • Advertisement
      Page 8 Advertisements Column 2
      147 8 lubcrtusc fell For lunch For dinner For a richly rewarding experience. MmtuU tol rui-iv s I'' »**t vu 4». ivsv K.'s!,vt«'. s.jturii.iv. Surni.iv >lH I() V i [:,•!')>' VV t >v-, t■ t r.■ r'. >t;« >!:s ■'>, If >7 t A V H ''«ii' iiv I 'hi k Slit'i'iiii
      147 words
    • Advertisement
      Page 8 Advertisements Column 3
      121 8 -\(^>"-`'';%%~+);$^)/*<%-!%~'[" j a i > Dinp at ,S Dragon I'alacc < I lrl\ .1 r< >V <«l le.tsl <lt (intoncsc ilclu°«i( ics .1 iiK-HKir .ihlf •xpcrit'in Uiiu U I li >nq K'>nq I tin Sum I lint li «iv «nl.il>l(* (I,til*. T Corkpit Itlotrl .ill .l<•s.-phmc liii i t s'
      121 words
    • Advertisement
      Page 8 Advertisements Column 4
      180 8 Roti Praia at the Hilton? Yes And typically Cantonese dishes too Food from the streets of Singapore that s right up your j 1 ley And if vou care to. vou c in even watch our cnefs whip up your order before your very ••yes AM in th.' comfort of
      180 words
    • Advertisement
      Page 8 Advertisements Column 5
      198 8 v Vi •a H i Just the plaoe to be before a night out on the town. Loosen up and unwind with a long cool drink from our well-stocked bar. Music Time: 7.30 pm to 1.00 am nightly Businass Hours: 11.00 am to 1.00 am nightfy Happy Hours: 54)0 pm
      198 words
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  • MONEY AND EXCHANGE$
    • Article
      London
      292 9 THE U.S. dollar plunged below 1.90 marks in moderately active trading here yesterday, losing nearly £hree pfennigs from an early indication of 1.9220/30 maris, dealers said. Dealers were quoting spreads as wide as 30 basis points on the dollar/mark as apposed-to the normal six to 10 points. The dollar
      292 words
    • Article
      Hongkong
      82 9 THE VS. dollar recovered yesterday from early lowa sgainst major cutieuuka in active late trading on European demand far the US currency prior to renewed US dollar llquidistious in' Frankfurt during early European trading, dealers said. They said the US currency dosed ffrmer on the local market at LS32O/30
      82 words
    • Article
      GOLD
      355 9 GOLD futures In Sbgapore yesterday closed sharply higher compared with overnight levels la moderate trading, dealers sakl. Opening quotations veil marked up around US$3O an ounce following the metal's firmness in New York on Tuesday night on market concern over the increased political tension In the Middle East and
      355 words
    • Article
      Singapore market
      500 9 THE U.S. dollar plunged sharply yesterday in the foreign exchange market when a sudden of in the currency sparked off a major selling bout Deal» ers attribute the hectic and nervous behaviour of the market to the failure of the US government to convince other countries to cooperate
      500 words
    • Article
      TOKYO
      75 9 THE U.S. dollar for overnight delivery closed sharply weaker yesterday at 257.60 yen, compared with a 256.70 opening and 260.70 at Tuesday's close, dealers said. Trading was active with volume of U***** million. After a sharp fall in early trading, the dollar fluctuated between 258.00 and 256J0 yen In
      75 words
    • Article
      PLR
      22 9 THE average rata at which major Siagapora banks arc carrcatly prepared to lead to their boat customers is 11.6 per coat.
      22 words
    • Article
      ASIAN $
      159 9 ASIAN ASIAN currency deposit Interbank rate* as at close on April 9: WIWhrsgyiQ 7 days 18H ltVk 1 month 1715/1617 U/16 2 months 18H 18 Vt 3 month* 199/16 163/16 8 months 16H 18U 9 month! 177/16 178/16 12 montha 173/16 171/16 •win Dm. fmin i r.i i 1 month
      159 words
    • Article
      Discount
      45 9 RANGE of prices offered by discount house* on April t: Overnight: TH« Call deposits: in 7H% CImW Bsrtef Ssttsf 3-month Treasury bills 7v. 7v, 3 month Bank bills 117/1« 115/1« 3 months CD IP* liv« 6 months CD 11H UK Source: National Discount Co
      45 words
    • Article
      Treasury bill
      42 9 THE Monetary Authority of Singapore has invited banks and discount houses to trader (or a total of $30 million 91-day Treasury bills to be issued from April 14 to April 18. Each tender must not be for less than {250,000.
      42 words
  • BANKING AND FINANCE
    • Article
      Lock icon Iran's claims on frozen assets
      612 9 TRIAL DATE SET Reuter SUITS by Iran's central bank anting more than USS3 billion from five US banks win be broutbt to trial In London on Nov 3, sources at Iraaiaa and American said. The sourcss said they are uncertain, however, whether Piislthml Carter's threat
      Reuter  -  612 words
    • Article
      UOB'S NEW BRANCH IN LOS ANGELES
      63 9 UNITED 0 »Mk lis Wkm«ml utVMk, ha» wfflfJ*STlm eial sapnal far II «M paw earifar this year, ■•re «TirNM niffwuU teandN My to la rif iSI to hegia ap» lift, the Lss AaCoVk mSS aadTepavagaii 5 >Tl& Sefclf Cft abread ara leeated la Lata,
      63 words
    • Article
      Lock icon Good year for offshore units
      29 9 Reuter SjaSSilp GrtMMMriHi MM ■m fti 19» Mi the If» totaL tUi m tnm •(tiur* tnmmtHĔmm, the Ml (Ml iMha WMfe Issal nriMi. Bsubr.
      Reuter  -  29 words
    • Article
      Lock icon Lending limits a barrier to China loans
      379 9 Reuter EXTENSION of US credit facilities to China remains hampered by legal require* meats on lending limits, despite the virtually complete removal of other bilateral obstructions, Baak of America China analyst Tim Williams said. In an article in the American Chamber of Commerce
      Reuter  -  379 words
    • Article
      Lock icon Hongkong bank loans up 40pc
      232 9 Reuter BANK LOANS and advances in Hongkong raw 40.4 par cent in February compared with a year earlier to HKWJI billion, compared with a 31.9 per cent rise in January. Figures from the Hongkong CoounMoo show that the February level was op 4.6 per cent
      Reuter  -  232 words
    • Article
      Bargain hunting reaps some gains
      1195 9 NEW YORK THE NEW YORK stock market on Tuesday rallied to close higher in moderate trading, led by precious metal and oil Issues. But pricw weakened slightly in the n««i nd—tes The gains came mostly from bargain hunting following the sharp kisses in the market
      1,195 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      37 9 Cantonese Cuisine •Prompt Luncheons •Gourmet Dinners •Functions •Home Catering •Buffet Party from $10.00 par person onwards My: 11.30 am to 2.30 pm 630 pm to 11.00 pm Happy Hours: 2JO pm to BJ3O pm Drinks ft Snacks
      37 words
    • Advertisement
      Page 9 Advertisements Column 2
      505 9 WORLD BANKING CONFERENCE JUNE 2 3,198* SHANGRI-LA HOTEL SINGAPORE Sponsored by Business Times and Financial Times Opening speaker will be Mr. S. Dhanabalan, {Senior Minister oI State (or Foreign Affairs Singapore, who will speak on the international economic outlook and how political trends may affect it Mr. Roberto Ongpin, Minister
      505 words
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  • Article
    •BUSINESS DONE ON THE SES AND THE KLSE-
    1162 10 BID sad oflar pricas officially »aad Mmi la ud rate tba Stock Rarhaat* at Sbppan jtiiiky with tha—nhf ot aharas traded mCrnm la brackets hi tote at )pB0 unite, aateM othwatoa atedfied. SECTION ONI a a INDU8TB1AL 2 COMMEBCIAL Lma (2MB) (2)
    1,162 words
  • Article
    Unit trusts
    126 10 (CTM> |rtll«) Income Bond LIS La The Savings Fund LIT LSM S pore Prog Pond IM 1.11 s pore Sec. Fund UT LfT Mill IP— tm S pore Invest Fund 1.41 1J0 prfM m A*m S pore Eqatty Fund LM 1.10 FMB'putn Second B'putrm 4Ji LSI Lfl AHA
    126 words
  • Article
    SHARE INFORMATION SERVICE
    2633 10 1979/1M0 High Lo w CoapMjr Last Sale +ee-Gr-s Dto Dhr Ctt Gr*s TTd Net P/E Vol (•OOO) Day High Low SECTION ONE />» INDUSTRIAL COMMERCIAL SB s m i MS 220 116 148 270 88 276 m 187 Aetna Alcorn Allied Choc BAT Bate Ben Berjaya Kawat
    2,633 words
  • Article
    In Kuala Lumpur
    1339 10 BID and offer prices officially lifted and hnslm— in and reported to the Kuala Lampur Stock Exchange yesterday with the number at shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. umuinuAU Am (IMS) lliisiii (IMB ICS) Mm (IMS) UMBM(IJB) A Choc (LIB)
    1,339 words
  • Article
    COMPANY MEETINGS
    207 10 MALAY8IA BalMlag 8*elety BM: AGM to be held in the board room, 3rd Floor, Bangunan MBSB, 13/15 Leboh Ampang, Kuala Lumpur, at 12 noon today. Bea aM fiMffiaj Ltd: EOGM to be held at Spottiswoode Park Road, Singapore, at 9.00am on April 15. Ualted Oversea* Laad Ltd: EOGM
    207 words
  • Article, Illustration
    Share prices slip slightly lower
    477 10 IT WAS 8 day «I lethargic ■MbiiM yesterday.'"' A gHHnI took of Moral was displayed by moot NtHhts loyai aer seders appeared to be playtag to drep. have Mii||niei Mao the hrsktag beans, aad dealaaa "<B, MKT rrmivfxy buy, tea ad tkn—ohna with a Bghtor
    477 words
  • Article
    Prices in KL drift lower
    492 10 PRICES underwent a slow drift on the Kuala Lumpur stock market, ending on a narrowly mixed note yesterday. Trading was quiet and investors were cautious in their n— Hng» Most of the counters, as such, marked time. Market favourites as well as current volume leaders
    492 words
  • LATEST RESULTS
    • Article
      GENERAL Ceramics Bhd
      53 10 has reported an audited after-tax profit for 1979 of MH.37 million ($841,501). Taxation was $347,799 ($190,000) and sales $7.15 million ($5.91 million). The company has declared an annual dividend of 10 per cent tax-exempt (previously 10 per cent before one-for-two bonus), payable on June 2 to shareholders
      53 words
    • Article
      Klang's Hotel
      43 10 has reported a pre-tax profit for the year ended Dec 31, 1979, of $LI3 million, compared with $L3B million previously. Its directors have recommended a first and dividend of 7.5 per cent (same), payable to members registered ta";f!be company's books 16.
      43 words
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  • COMPANY NEWS
    • Article
      GM (M) a good buy for Oriental
      263 11 ORIENTAL Holdings Menu to hnvn made a good buy in General Motors (Malaysia), which operates a car assembly plaat la Tampoi, Johore. GM's latest accounts, which Oriental has Just turnfehed to the KLSE, showed GM bnch in profits with a pre-tax profit of
      263 words
    • Article
      Good results at Bedford
      302 11 BEDFORD Plantations, oae of the «palter publicly hstod rubber ft—npaalaa baaed in Perak, has lived up to in owa optimist k* forecast by taralag in aa attractive set of profit figure*. At MSm.ni. the company's unaudited pre-tax profit last year lags taenia a hefty 44 per
      302 words
    • Article
      Laurence, Prust forecasts 15pc rise in profit at Selprop
      155 11 BRH stockbrokers Laaranee, Pvnst and Gsmpaay Mw forecast a IS per cent rise In flilisgir Heprito» (reap ennrings far the enrrent yenr Is Oot 91, 1919, after a 99.9 per eeat ndvaaee In group pre lav prefit le M)U adßsn toat
      155 words
    • Article
      DIVIDENDS ANNOUNCED
      552 11 Carroat Payanl Bx t Data Baaka Cloaa Data Total for Total far PayaUa tka yaar Pravtaaa y< MBS A Aat) BIM(M) A ffitaa Tta BMU TiUpSy COM PMortt? Ciit»iia Park B M(k MtacCoart Back 8m« Paa Malayaa A Eat Tataai Mtaaa hkHH Aokaa Tta Mai Tta BATS B*4fori
      552 words
    • Article
      SCRIP ISSUE
      242 11 Coapu; Particulars b Date Books Close 8ap Cor» SUM Darby Utd Mai G Keat WKKn BouUid UtfPlut Bonus Issue of 1 for 4 Bonus Issue of 1 for 3 Bonus Issue of 1 for 4 Bonus Issue of 1 for 2 Bonus Issue of 1 for 3 Bonus
      242 words
    • Article
      Sales rise boosts Bata earnings
      496 11  -  By! SUSAN THAM HIGHER salee as a result of effective marketing strategies and cost controls provided further impetus for growth st Bate (Malaysia) last year. The shoe-making group has reported a hefty 46 per cent Jump in pre-tax earnings to a record M 57.9 million
      496 words
    • Article
      M'sia Rice poised for expansion
      338 11 MALAYSIA Rice Industries (MRI) seems to be preparing to hit a major expansion trail, following its reorganisation in 1878 and its recent acquisition of the l,7Qfracre Dindings Oil Palm Estate in Perak. Hints of this are given in the company's announcement yesterday that its shareholders
      338 words
    • Article
      Rapid growth bears fruit at D and C Bank
      406 11 DEVELOPMENT and Commercial Bank (O and C Bank) has Increased its total deposits last year by an impressive 86.6 per cent to $495 million, and total loans by 75.8 per cent to $357 million, following the rapid expansion of its operations.
      406 words
    • Article
      Record profit at H. Negara
      297 11 HOTEL Negara baa managed to stay comfortably in the black for the second year running. For the year ended Dec 31, 1971, the hotel company reported a 57.2 per cent rise in pre-tax profit to $987,295, compared with 1519,833 in the previous corresponding period. The
      297 words
    • Article
      Lock icon Up and down Wall Street
      520 11 imoa by HOCK LOCK SIEW WITH our market flirting these days between the states of inertia and recovery, we decided to look elsewhere (or a change. And so we heard that in spite of the series of gloomy news developments in that land of tree
      by HOCK LOCK SIEW  -  520 words
    • Article
      KEPPEL Shipyard
      54 11 aid it has acquired an additional 488,750 shares of Camrex Contractors from Camrex Holdings on March 17. The company has now become a subsidiary of Keppel Shipyard. Commenting on an article in the Malaysian Business Times .entitled, "Another Gentinc Delight." Genttn* said Its board has not recommended a
      54 words
    • Article
      Worldwide Holdings
      20 11 has yet to submit to the KLSE its interim results for the six months ended June 30, 19».
      20 words
    • Article
      Keck Seng (Malaysia)
      25 11 is proposing to raise its authorised capital from $90 million to $100 «wHHnfi at an BOGM in Johore Barn on April a.
      25 words
    • Article
      City Developments
      49 11 has in- formed the SES that its wholly-owned subsidiary, Odeco, has ceased bneinew since the end of last February as ship charter et ship operators and agents. The company alao confirmed that no further dividends will be peid in respect of the flnanrial year ended Oct 31,197».
      49 words
    • Article
      Overseas Union Bank
      80 11 said its register of members and share transfer books win be closed from May 19 to 27 lor the porpone of preparing dividend warrants far the ig per cent dividend to be der clared in reqpect at the flnanrial year ended Dec 31, IST?, and to determine
      80 words
    • Article
      Sea View Hotel
      28 11 rights issue of f7J mflHnn 10 per cent convertible unsecured loan stock 1900/1185 the books' closing date will be from April 0 to May 5.
      28 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      349 11 How much do you see when you look at this etching? lit \v< i <ii VlHli \M 1 I*4s m 4 5T j al y ffcr KwfWi M mar mm Of Art, W I'm*. Jim ff $t Man The Time Life library Of Art £toc/i frooAr measures 9 x 12
      349 words
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  • Article, Illustration
    Who is to be blamed for job-hopping?
    509 12  -  By HSUNG BEE HWA WORKERS are not the only ones to be blamed for JoMioppiag. Many employers encourage this trend implicitly because they continually try to outdo •fch other by offering more attractive work ifentives. This was the gist of the argument put
    509 words
  • Article, Illustration
    Lock icon HONOUR-BOUND
    275 12 UPI WINDING up his talks with Egyptian President Anwar Sadat yesterday, President Carter said Egypt and Israel are honour-bound to keep their Camp David commitment for full autonomy for the Palestinian people. In a toast at a White House dinner in honour of President Sadat on Tuesday night, Mr
    UPI; AP photo  -  275 words
  • Article
    Talks on Asean PTA
    161 12 SENIOR government officials of the Asean Ministerial Committee met yesterday to discuss the inclusion of more products under the Asean Preferential Trading Arrangement. A proposal concerning products with import value of less than US$5O,OOO was brought up by the officials. If accepted, the proposal will be
    161 words
  • Article
    Lock icon Mahathir hits out at British bodies
    167 12 Reuter MALAYSIA'S Deputy Prime Minister has lashed out at British institution and professionals who consider themselves to be authorities on academic standards and arbiters of political behaviour. Or Mshstfrir Mohamad's comments followed reports in a bulletin of the Institute of Engineers Malaysia that Britain
    Reuter  -  167 words
  • Article
    PLR rise
    41 12 THE Hongkong and Shanghai Banking Corporation raises its prime lending rate today by 0.5 point to 1L75 per cent The average prime rate of twelve major lending banks under the Bnslnsss Times index now stands at lLf per cent.
    41 words
  • Article
    Lock icon Disturbing questions
    201 12 Reuter THE case of a Malaysian reporter convicted of making inH misleading statements under the country's Securities Industry Act has posed disturbing questions of relationship between Malaysia's Journalists with their news sources as well as their employers. Mr Alan Lee, 29-year old business reporter with the English-language daily
    Reuter  -  201 words
  • Article
    LONDON STOCKS
    793 12 LONDON, Wed. The market closed higher after moderate activity, dealers aid. At 3 pm, the FT index was up 3J at 430.0. Long dated government hoods ended aa much as point (Inner, but gaiaa in Aorta were limited to H point owing to amall sales of the 13
    793 words
  • Article
    Lock icon Militants to kill hostages if US resorts to force
    543 12 Reuter AP THE militants occupying the US Embassy in Teheran issued a new warning to the United States yesterday that they would kill all their hostages if Washington used military force against Iran. The militants' declaration followed the worsening of the
    Reuter; AP  -  543 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      457 12 Leader ...Page I J li^T •J i l 1 (MALAYSIA) HOLDINGS BERHAO (INCORPORATED IN MALAYSIA) PRELIMINARY ANNOUNCEMENT OF RESULTS FOR THE YEAR ENDED 31ST DECEMBER, 1979 The Board of Directors of United Motor Works (Malaysia) Holdings Berhad are ploMod to announce the following audited results for the year ended 31st
      457 words
    • Advertisement
      Page 12 Advertisements Column 2
      154 12 Puts you in the right spirit m V S|H> t is a j \w > m i ►»A V > >• -l Old Scotch YVhiskv si nee 1 SI WELLINGTON HOSPITAL BOARD A OR I GRADE ORTHOTIST/ ORTHOPAEDIC TECHNICIANS WELLHNSTOH NEW ZEALAND f Wellington is the capital city of New
      154 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      63 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few places from late morning. Report for 24 Nin prter to 1J p.m. m Apr I fttthealrpwt Maximum temperature 33.8 Associated humidity 54 Minimum temperature 24.8 Associated humidity 97 Hours of sunshine 8.20 Rainfall in millimetres Nil
      63 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Norway's offshore policy
        84 13 Reuter NORWAY could be forced to change its offshore oil policy following the sinking of the Alexander Kieuand rig last month. Prime Minister Odvar Nordli said several bodies dealing with rig safety will be asked to submit reports on the KieUand disaster. He said should these bodies,
        Reuter  -  84 words
      • Article
        Lock icon Crack discovered
        49 13 Reuter A SIX-CENTIMETRE crack has been discovered in a shaft of the Norwegian gas drilling rig West Venture, positioned off the west coast of Norway, its owners said. Harald Johansen of the Peeler Smedvig Shipping Company said two similar cracks were discovered and repaired some years ago.
        Reuter  -  49 words
      • Article
        Lock icon Port opens
        41 13 Reuter THE river pert of Jiujiang, about 640 km up the Yangtse River from Shanghai, has been formally opened for foreign trade. Customs, insurance, shipping, hanking and other facilities have been set up there, the People's Daily said. Reuter
        Reuter  -  41 words
      • Article
        Fishing vessel aground
        53 13 A SOUTH Korean fishing vessel ran agrmmd on Tuesday on the island of Bassas Da India, northeast of Durban. The 700-dwt Kwaage-Myung, believed to have a crew of seven, sent out a distress signal. But maritime officials said they did not know whether any of the crew
        53 words
    • Article
      NYK's container service from S'pore to China
      566 13  -  By LINDA CHEE MAJOR Japanese shipping line Nippon Yusen Kaisha Line (NYK) has introduced a new container service from Singapore to Qilm via Japan using feeders between Straits/Japan and Japan/Chinese ports. The two feeder services are operated by its subsidiaries, Shofuku Line and
      566 words
    • Article
      Lock icon Albaha not heading for Singapore
      166 13 AFP Alkmk» which eaak eff exftmkm, wm retanlaf to ertog IMM toM «f «II to Seath AMol aai wm m| ea Hi way few Dahal to W"f|in aa niMhil hy Ltoyft, the liiiii tanr--25 ;m Seath Afttoato «Oetoily eU eatarge If SoqUk ■Mm «f Arab
      AFP  -  166 words
    • Article
      INDEX TO ADVERTISERS
      544 13 aiiHu n— Cai aipptag Ltae PS|0 Cai Adriatic IV 5 Evergreen IV 3 Afea VI 3 Fesoo V 1/2 All trans VI 5 Flotta Lauro V 5 Alpac VI 5 Fortune VI 5 Angkutan VI 4 Franco-Belg m 4/5 ANL I 1 Freight vn 2 APL m
      544 words
    • Article, Illustration
      Lock icon What North Sea disaster means to Veritas
      617 14 UPI W IEN THE Alexander Ki tlland "floating hotel" in th North Sea's Ekofisk oil fiefd capsized and killed 123 of»the 212 workers aboard, of the first questions "What does Veritas The other question, posed mostly by non-Norwegians, "What is Veritas?" It is
      UPI  -  617 words
    • Article
      Container Schedules
      959 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
      959 words
    • Article
      LONDON FREIGHTS
      1506 14 CHARTERING was moderately active on Tuesday despite the Easter holiday, with rates holding folly steady, brokers said. In the North American grain sector, a 48,000 ton carao was covered from the US Gulf to Japan in April at p8.75 (fio) with 30.000 tons for a similar voyage obtaining
      1,506 words
    • Article, Illustration
      Lock icon The end of the road for Hongkong Star Ferry?
      1087 15 (GREATEST CRISIS IN A CENTURY Reuter HONGKONG'S Star Ferry, as familiar to visitors in the British Colony as New York's Staten Island Ferry on the Hudson River, is facing its greatest crisis in more than 100 years of chugging across the
      Reuter  -  1,087 words
    • Article, Illustration
      SHIPS IN PORT
      506 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Aluvina (Clinker) (1500 after Himalaya Main) 5 Bunga Mas (1900) 47 Confidence (0900 Subj. freeboard) 25/26 Fair Rainbow (1200 after Kawana) 45 Green Hope (after Shinto Maru Sub}, freeboard) 19 Hoe Hing (Tanker) (1500 P/ O Sub}, gas tree) 14 Kota Pahlawan
      506 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3468 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the snip, the shipping line involved and the estimated dates of arrival and deDarture from the Port of
      3,468 words
    • Article
      Lock icon Floating dockyard to transit the Suez
      119 20 UPI AN 11,000-too Soviet floating dockyard carrying military equipment and 100 military adviser* was expected to tranrit the Sues Canal yestarday on its way to the Red Sea and the Persian Gulf. In a diepatch from Port Said, the Egyptian newspaper A 1 Akhbar
      UPI  -  119 words
    • Article
      Lock icon Japan to cancel its naval review
      135 20 AFP THE need to conserve oil has prompted the Japanese coast gnard to cancel its naval review this year. This Is the second time in recent years that the annual review iwnasHy conducted in May has been canceled. The review In 1974 was canceled
      AFP  -  135 words
    • Article
      Lock icon Active voyage and time-charter done in the market
      687 20 AFP THE FIRM trend continued on the London freight market last week. Both voyage and timecharter were active eectors before the ueual slowing down of huslnms ahead of the Easter holiday. Although little further Soviet fixing was reported, a fair amount of
      AFP  -  687 words
    • Article
      Saudi Arabia tops container blacklist
      206 20 THE Through Transport Mutual Insurance Association, the leading insurer for container operators, reports that the Middle East and, in particular, Saudi Arabia, tops the league of couatries for mislaid containers. Since 18TO, members of the TT Club have reported over 400 containers missing. David Scully,
      206 words
    • Article
      The Consortia
      132 20 The major shipping consortia operating between the Fur East/Europe and Straits porta/Australia and the member liner ACE (FAB ItfT/EDBQPB): Franco Belgian Services. •K'Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Tang ANBO (CTBAfIS/AHBTBALIA): Australian National Line. Australia/Straits Container Line. NedDoyd Lines. Neptune Orient lines.
      132 words
    • Article
      WHO ACTS FOR WHOM..
      1199 20 The Mac shtpptßg Uses •per*ting (ran lml Berts Bid the ageata whe handle earge beekings fer them. A —> B y Feeder! Efasaß&sksr AIM C. Tiiilii Sea Conaorthan (S)/Martote* Enterprise (PK). Alpaa Intrasea (S)/Yeo Shpg and Trading (KLVUand Cargo Handling and Forwarding (PW). AMiib Kqwii Same.
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  • Page 13 Advertisements
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      262 13 PIR At US MARINE SINGAPORE PTE HP W l I 1 t# Orient Overseas CotiiaUteA. Line trTMr:i rcnzii T7T ITT 27/4 21/4 29/4 4/5 5/5 6/5 On* Twm (S port) (STRAITS CARGO VIA PKEDKR TO/FROM HONG KONG) UNA* SUtoM CMM VO/QM i2M 2< /i »/5 13/5 24/5 16/6 a rJJ2??S
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      344 13 HS li ShALORI) UJ AMAH M UASC UNITED ARAB SHIPPING CO SAG) ci'/'Kii'i I 1 k EXPRESS MULTI-PURPOSE SERVICES Dubai (24/4), Doha (27/4) Damnum (30/4), Abu Dhabi (3/5) Dubai (10/5). Abu Dhabi (13/5), Dammam (16/5). Kuwait (19/5). Doha (22/5), Mma Qaboos (25/5) Dubai (6/6), Abu Dhabi (9/6), Dammam (12/6). Kuwait
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      15 13 CONTAINER SehedalM LONDON Frelgkte SHIPS b Pwi SHIPPING list REGIONAL Weather WHO Acts Fer Wtom
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      592 13 re cnan Al<i> in N, ition.il t mi I WE SERVE MEDITERRANEAN AND ALGERIAN PORTS b-g moctptllti. TM *****4 (S lines) SINGAPORE n*r MAERSK LINE EXPORT mibtwqbk* mm*** 1 4-5/5 I 54/5 {JUBMIIBW 11/5 1/1 II r iipiiii Otrn Trnm *CV U A»r 1700 hn CfS 16 taf 0500 An
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      460 14 LEO SHIPPING PIE LTD SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG WIMQ} HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALA YSAN NTBNA TK3NAL. i CORPORATION BERHAD Tj Mm Span P.Kato| Pwam laaM« to: 17/21 to 22/24 Mr 25/21 Apr 27/29 Apr Ikon 10/5. CMI/Um 17/5. LHawt 20/5.
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      192 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA MM m Ko/4 17/5 22/5 24/5 5/5* 27/5* 4/0 0/0 IMB 34/5 Ml/5 B-7/5 20/0 1/7 > 4/7 5/7 7/7 0/7 IV# 12/7 20/7 23/7 2»/7 MB TOM 21/4 ft/5 3/1 I/O 10/6 11/0 13/S l«/ 0 20/0
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      707 15 i L STRAITS SHPPING Singipoif to iihih. jf awfc, Bninaf Ports and Bangkok ContimnMp Smictt To/Fran |Mnb) 11 Apr 13 Apr ■tooMn U Apr lite Mnh) 21 Apr 1 Iky Metoni Itoy Main It Mm MNn 12 toy iMMbpni 11 Iky "My »C OaMeMy Hmmllm 11 to ma km ttm
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      386 15 flb Franco Belgian Services SM total 27Ap it If 2My IMy IMy 19* IS Apr 4St S May 9My MMy 12My R22M 23M IMy MMy is My UMr 17*1 29* »%r MAp lIMy 111* ISM* 81k* 71 to IS Mr 21 Mr 22 Mr MMr 12 Ap 21 Mr 23
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      528 16 rHapag-Uoyd ST RUT com D TO fiWOA/TRESTI VK m ran 8/4 10/4 14/4 17/4 19/4 22/4 ■Bnro^iM/CMM I- ki Port 13/4 U/4 111/4 21/4 24/4 21/4 30/4 3/5 HK lM| Oakland Soottlt Bndt Tacom 14/4 S/5 t/S 11/5 6/5 8/5 11/5 27/4 13/5 15/5 18/5 4/5 20/5 22/5 25/5 MiE«Nalt/3
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      392 16 LINE KOREA SHIPPING COR PIS VEGA 1471 V VEGAIUE ALTAM 151* ALTAR 152E STORE In Pwt/11 Apr FM BUSAN P. K«tan| In Port/11 Apr TO BUSAN 1/111 lay 12/16 May FOB BUSAN S/U May 12/16 May TO BUSAN PENANG CALL SUBJECT MOUCEMENT iscacac ae ac ae ac ac ae ac
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      398 16 EVERGREEN LINE FAR [AST FUROPf f XPRF SS flJll CONTAINER SIRVICI ACCEPTWG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP LE HAVRE ALSO ACCEPTOR CARGO FOR: SOUTHAMPTON, LONDON. MANCHESTER. BMMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS HOLLAND AMSIIIUAM FUROPf FAR f ASI XPRfSS fUK CONIAINFR SfRVICF lHn MApr ate r«Sv a* Mte MM lSp
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      419 16 1 Everett Lines "BURMESE NATIONAL LINE' LOMNN6 FOR RANGOON PMM fflBM/UApr mm n+ftm naWBTMTM »te/2te» vs«r M-w nmim a/aip BF S.S C A«wM n Motoywo TEPS MALAYSIA Companw ArfMrtint D« Cf> Wiwwci»» IwUmli—ul S. A. C.I.F. mj "ARGENTINE NATIONAL LINE" LOAOM6 FOR DURBAN, CAPCTONN, BUENOS MB iARONTMA TJ/n Aprf TransportMMN
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      313 16 T mo st OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE m.ifc.l sit, m, i BANGLADESH SERVICE JAPAN/STRAITS SERVICE A Mm kMR nskkm am* /is£y t/uir a A A A 12/15 Apr t. Mag 11/12* toftrt kftrt 14/15 Apr 14/17 Apr lf/a«pr ~1 A wn A 14/17 Apr 11/19
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      526 17 PIL GROUP EAST AFRICA/REOSEA SERVICE WMKW Is^TSr MTITNKMG VMM* 12/1S Apr COLOMBO KARACHI/P. GULF SERVICE rota moux vu May ROTA MTU 15/29 Apr Colombo. Dubai, K Damman Colombo. Karachi. SINGAPORE/CHITTAGQNG/RANGOON/SERVICES] SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES -trt S.E A Container Feeder Service SIN JKT/SIN/HKG/MAN ACCEPTABLE LCL/FCL CONTAINERS ws4i Pakistan National Shipping
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      764 17 [n*j BEN LINE CONTAINERS I I hKS fUn lay ImmMM iSiHr Ste Outeßar EVKSS CONTMKR SONKC TO/FIQM EUROPC •fWK rHAWN NOAM HAW SOTON ran P Um WGmnm,l Art r>a Antwerp Fraace M U1 11/4 U/4 1/5 l/S) 2/S (11/5) »/4 M/ 4 a/4 11/5 15/5 IMIW Mff *2 i/s a/5
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      635 17 it" V 4 I# V..1 ScanDutchV WEEKLY EXPRESS CONTAINER SERVICE Mi f Um| fata Hm IMU U/« Fa* &HI 11/4 Mi a. M&a a/4 mm IMU a/4 M IMU a/1 ft (Ml 17/9 IMU M/l lIM Jt/I M\ iTCLm. Cm. U*at 2) IIMTVMI 111. CjMTf MM* •5 U/l 11/5 a/1
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      419 17 nge v i i 9 15 K i t ■;l 4\ i A-,. n r BOUSTEAD SHIPPING AGENCIES THE BANK LINE LTD LOADS FOR E. ft S. AFRICA n (to l IM<M) (Rmwm Ovtea. Clown Pt lis. I Loo*m> h n/11 a* 12/14 Mty S port 15/lllfe, U.S. GULF COAST
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      553 18 K LINE KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA RDBnar m kM 13/4 Psay Tn*r MR 14/4 17/4 An MR M/ 4 1/9 Cjrpni Sm i jliili tar ■nfc a. tata. H nv mn LNmt tfAaa H&ur| 77/4 24/4 1/5 WWW 1/5 14/5 13/5 14/5 14/5 l«/
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      360 18 CAUFQMM/MCfIC NORTH WEST SERVICE EXPRESS CNTMU/KEEFER SERVICE lM*t tar UK MTU. UN FMNCBCB. WTTU. TACOtaA. MCOML LC AcmbM FO/K1 CMMn rum kPVNta ar TO. JO MM to 14 Am I) tm AVSTRALIA EXPtEgCOMTAMO SERVICE NEW ZEALAND SERVICE iunm JAPAN SERVICE "t-0- unar— 1(1/17 tm not CAUa/TTA TO UK. OSMA. YOKOHAMA
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      334 18 \»r (.roup SINGAPORE SHIPPING AGENCIES PTE LTD .'O'mMOcM OC AN Bun 0 NO SING«CO«t t MAHMTiNu 91M„ lists GtNtRAI 9UI" it« HMSi HI" «S-.'4',9S «S A H AHSH ("0 AHll _A«I,OSMIP 111 •UNI Ki>!|iiHial Omtniiicr liiiws WEEKLY CONTAINER SERVICE to/fro™ BANGKOK mm k PI/11 Apr 17SUR 11/17 A|i ÜB/1M 74/2S
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      480 18 ORANARD LINE INDEPENDENT- ATTRACTIVE KATES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO FCL ONLY FOR K)RT SAID, ALEXANDRIA. BEIRUT. LATTAKJA. UMASSOL ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge Stm PJtamg mm m tow v. 3M fife? •fILV.WiITMV.SMi 3 km MM SMC V4OM 1 M *C*| PM
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      398 18 INTRASEA (PTE) LTD F abet House 2i4E Orchid Poac Smqapor* 9 Telephone *****n *****57 LIJLzZIIi nrr?7ii?aTTnaiTnMß^REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE s>« rite r«i M«pr 15% 7 t BOULOGNE -;5' 3 "»r khuoc/K SSPMm W WH MM 4MMI tmtt ma emit mmtm *****/2 ALP AG UNE MMCMI Spore P.Ui
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      704 19 ITJ 910^8 NEPTUNE ORIENT LINES LTD TO BifMPE/UK (VIA SUEZ): iocator C.Roff+ R. JACEWON NR CONTAUR 0. CHEF ixmmst N CQMI Containers Factored to/from F'stowe Abo accepting carjo to/from Scandinavia HUM EUHQPE (VIA SUEZ): c. r OUT H WBHW HllWiaaaaaM 'Ulimmim LIMBS II COM IJACEJM I KM C.PM iocator +C.
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      331 20 ASIA MARME 330 2ND ASIAN INTERNATIONAL MARITIME EXHIBITION AND CONFERENCE WORLD TRADE CENTRE SINGAPORE 15-19 APRIL 1960. Asia Marine '80 is the trade exhibition and conference specifically aimed at S.E. Asia's maritime industries. No matter what sector of the industry your company is involved in, the hundreds of exhibits on
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  • Page 20 Miscellaneous
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      150 20 ■aiauHM V-v Rational x^ Vxx :-x--WmmW 'x'x. XX x ■M3BBSBS IP x x-;: x x :J: >:x' L x x 5:5® I i?:* m V V x x :x x w Xv:-:-: x r f •:W:Wv' ST 'M :®S -S: r> Xvx:-: A R »:>xxvxxv. :::W 1 ::-:'x ■Bill x
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