The Business Times, 22 April 1980

Microfilm: NL10553
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES No. 111/l/P TUESDAY, APRIL tt, 1M 5« CENTS
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  • BRIEFLY...
    • Article
      Lock icon Exceptionally serious
      51 1 UPI BELGRADE, Moil President Tito's condition has become "exceptionally serious" and is endangering his life, his doctors said today in their most ominous bulletin in more than two months. "The general health condition of President Tito is exceptionally serious," the bulletin said. "Intensive medical treatment is being continued."
      UPI  -  51 words
    • Article
      Lock icon Iran suspends shipments
      69 1 Reuter TOKYO, Moo. Iran today suspended oil shipments to Japan because of its refusal to meet a demand for higher prices, a leading Japanese trading company said. A spokesman for Mitsubishi Corporation said that it had been notified that the National Iranian Oil Go (NIOC) had refused
      Reuter  -  69 words
    • Article
      Lock icon Out of range
      81 1 AP WASHINGTON, Man. Israeli Prime Minister Menachem Begin says the United States is out of range for reacting to a crisis and should station military forces in the Middle East and "in every region where there is a possibility of Soviet expansionism." In an interview before he
      AP  -  81 words
    • Article
      Lock icon Asylum offer
      63 1 AP SAN JOSE, Mon. Costa Rica has offered asylum to the 10,000 Cubans still trying to leave Havana via the Peruvian Embassy and appealed to Fidel Castro to let the evacuation resume immediately. The Cuban President did not answer the Costa Rican offer immediately yesterday or lift the
      AP  -  63 words
    • Article
      Lock icon Air talks deadlocked
      48 1 HP BEIJING, Mon. The United States and rhina ended six days of aviation talks today with no agreement yet on ground rules for US-China flights. Boyd Hight, deputy US assistant secretary of transportation and telecommunications, said the talks would resume in Washington on May 19.
      HP  -  48 words
    • Article
      Lock icon Development projects
      52 1 Reuter TOKYO, Mon. South Australian Premier David Itonidn said here today that he had sought Japanese participation ijTiSevelopraent projects which wouldtolal about As 3 billion in the aertlO ySrT He told a press conference that most Japanese taMfaeßsmsn he met had shown a keen interest in his slate's
      Reuter  -  52 words
    • Article
      Lock icon Rain comes
      38 1 UPI SYDNEY, Men. Rain has fallen in three Australian states over the weekend, giving some relief to the prolonged drought which threatened to be one of the worst this century, the Weather Bureau said today. UPI
      UPI  -  38 words
    • Article
      Lock icon Dow Jones
      67 1 AP NEW YORK, Moo. Stock prices opened mixed as Wall Street worried about how severe the US economic downturn wfll be. The Dow Jones average of 30 industrial stocks, which fell 28.45 points last week, edged up 0.25 to 763.65 in the first half hour of trading. But
      AP  -  67 words
  • Article
    Chief Price Changes
    88 1 Rises Minta Corps Mt(i CWM 8*1 ProHrtk* 8MN LIW Kttfc 8o| Suafoi BmI Hum M M BWUH PAN 8 T P 1*7» Tot| Mm 735 XJO m 773 302 300 ISM 350 VS 915 M 00 40 10 +u 13 12 10 +0 5 +5 +5 Falls
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  • Article, Illustration
    KUALA LUMPUR
    163 1 Rises Indices 0 Keramat 1390 +50 Apr 18 Apr 21 Magnum Corp 7V0 40 B.T.lndex: 7143.21 7172.95 ironon MUInd 1230 30 Industrials: 545.11 543.79 MB +25 Finance: 731.34 732.43 Sri Prop 790 +20 Hotels: 330.63 330.63 PMC Tractors 910 725 +15 15 Properties: Tins. 348.93 352.80 273.35 274.55
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  • Article
    Datsun cars will cost less today
    727 1 THANKS TO FALLING YEN THE recent sharp fall in the value of the Japanese yen in terms of local currency has prompted Tan Chong Motors to announce sweeping price cuts for the range of Datsun vehicles it handles in the Singapore market. And to
    727 words
  • Article
    Direct dialling to Indonesia soon
    223 1 I SINGAPORE wfll soon become the first country to have direct «Mailing telephone links with Trnlornts The Minister for Communications, ifr Pan Beag Cheong, artfreTfe Jak yesterday to finalise discussions on the matter with his Indonesian counterpart. Air Marshal Rusmin Nuryadin. Before Mr Oaf's arrival.
    223 words
  • Article
    Tarling begins his appeal
    485 1 THE charisma attached to the name of Slater Walker from mid-1971 onwardt contributed tangibly to the boom in the stock market at that time and affected the shares in the Haw Par group. Mr HECasbin, arguing the appeal of Richard Tarling, told the three Judges that
    485 words
  • Article
    Hong Leong Company (M)
    328 1 ONE of the largest privately-owned groups of companies in Malaysia, Hong Leong Company (M), has taken tbe second concrete step forward in complying with the New Economic Policy. Hong Leong Company (M) is to sell its interest in its unquoted subsidiary, Hong Leong Finance, to the
    328 words
  • Article, Illustration
    Top post goes to Goh Kim Leong
    122 1 A MEMBER af Dr Oak Keag 9«wt teak toroe wklek rraapti Slag»EZZS&jh tie Mhlilij rf EdeeaIlea's peraiaaeat seeretwy trt i-tt. Mr Geh Kla Leeag <»Wve), Jl, uu»Mi|| tke 4lreet« r ef eeljek ea May t'SIIS iMb«eparttototo M iepaty Butilaf Mreotor «f Ike Mankn
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  • Article
    Principle of consensus in Asean cooperation
    438 1  -  By HSUNG BEE HWA ASEAN cooperation can be carried one step further If member countries are willing to attach a wider meaning to the principle of consensus. "When four agree and one does not object, this can still be considered as consensus; and the
    438 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      38 1 -JHAKIKCorporation For all types of Culinary (Oriental RaklCaraaratlM and European)— T«l: 4347j704M4 J*?!** RS 24*74 A S RAKICOR rubbed, herbs, CaMc -RAKtCORP" seeds,root*, apices Fraoiy MaraMing Industrial Estate Matayaia Tel: 994*4 Manufacturer. "RAKKORP" Johor* Bahru miller and stockists.
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      Page 1 Advertisements Column 2
      210 1 public depression profits produced by timely buying At the end of March one professional doomsayer was calling the U.S. Government "corrupt", Walls tree t "rotten" and the dollar "doomed". Capital Gains Research meanwhile had been moving against mass gloom by calling for a ■Liquidation climax before April 1. The research
      210 words
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      Page 1 Advertisements Column 3
      68 1 EM mm* 1 all T ASIAN reglea gives Da Peat a SELECTION Is the name of the b055t........................................ i game, says HU3 11 "DIRECT respoaae seUlag" dae STORE TV makers aader sera tiny 12 MORE letters to Editor aa LATEST greap of Nagaa Hand Malayaa Credit lasae 7 depssltors to
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      Page 1 Advertisements Column 4
      0 1 ^"^!+_/"'[>_"&;[|%,.<<."(+,(<}=
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    • Advertisement
      Page 1 Advertisements Column 5
      166 1 RICOH Plain paper cop<ers Preferred by offices worldwide CALL *****5. fW Wywy Private Limited mmm Wywy House, 17 leog Km Road, Singapore 0315. #LM*r~F*t« KLM The reliable airline of Holland Looking fora smooth connection to get to the UK? KLMfc home-base offers yon KvSiilJpi i L^.h^iiTT and beland! V T
      166 words
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  • TRADE AND INDUSTRY
    • Article
      Car instrument panel maker considers plant
      359 2  -  By FONG MEW LENG A MAJOR European manufacturer of automotive instrument panels is considering setting up a production arm in Singapore for dashboard components. The EDVeglia group is one of the two largest French automotive component manufacturers and is currently commanding close to 40
      359 words
    • Article
      COUNCIL OFFICIALS ELECTED
      105 2 THE Americaa BmUarss rv»n>Hi in am>|Kw ha* elected 25 officials and governors at it* seventh annual general meeting held at the American Club. Mr Ron (Mil was elected chairman, replacing Mr Larry Myers who resigned in December last year. Commenting on the activities of the council, Mr
      105 words
    • Article
      Yamaha's red letter day
      193 2 THE director and president of Nippon Gakkl, Mr Hiroshi Kawashima, will be present at the official opening of Yamaha Manufacturing Singapore tomorrow.. Nippon Gakki is the parent company of the whollyowned Jurong plant which manufactures fibreglass tennis rackets. The Parliamentary Secretary (Communications), Mr Sidek bin Saniff,
      193 words
    • Article, Illustration
      PAVILLION CHRISTOFLE
      112 2 C—fOPLB sp—* teifey, ttoltoarlh to Ike hr East regtoa. CWMlii b«uti *f ft tniltaa of yillj aai Am of cspeetoaeo la h hMj that MBekal'Mi JrSSjHj I» MMTCSIH, MMlhr hMiiMy cftlM ~§avi hwr to Ike tacrearfagly MN |Mkk| mr Ike Eml la j«n. ——I tor 1» rf the
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    • Article
      Asian region gives Du Pont a boost
      341 2 THE Asia and Pacific region was the fastest growing area in Du Foot's international >■>— last year. The company's annual report said sales in the region reached US$54O million, an increase of 52 per cent over the previous year, reflecting the strong demand
      341 words
    • Article
      MEMO PAD
      478 2 BEMNABB AND COURSES April 21-26: Management of Projects, Shangri-La Hotel, AMR International April 21-25: Evaluation and Measurement of Language Competence and Performance, RELC International House, SEAMEO Regional Language Centre April 21-23: Management Skills for New Managers, ShangriLa Hotel, AMR International April 23-25: Data Processing for Non-EDP executives, Shangri-La
      478 words
    • Article
      Plan to draw youths into ship building industry
      246 2 THE Ministry of Defence will give national servicemen an early discharge of six months from full-time service to Join apprenticeship id— in the Alpbuilding and repairing industry. Mlndef wQI also allow late enlistment of apprentices due for national service to enable them
      246 words
    • Article, Illustration
      NPB appoints new executive director
      232 2 THE National Productivity Board has finally appointed a new executive director after having that position vacant for the past one year. The new executive director, Dr Goto Keng Leng, replaces Mr Loo Heng Shuen who resigned in 1878. After Mr Loo's resignation, the board made
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    • Article, Illustration
      PEOPLE IN BUSINESS
      314 2 PRIVATE Investment i Company (or Asia (Pica) has appointed Mr Peter rrnirrhi Phßttpa as vice iseaident. Mr Phillips, aged 34, i began his career with a firm of chartered accountants based in Bath and Bristol. In 1917, he Joined Arthur Anderson of London as a hmHm senior
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      242 2 BI J ORKYOI PI'RCI lASK A DIAMOND. We Suggest You Look Carefully E. "V SSKyS^IS mja m? mi stq.■■■■jjyiJii*! I'wpri IMMIMPMft.. Company, cvafy urn i'jjiiftfltfiiiir iharTrrsrifii mnnmrnrfaiilh' >- r *3 which carefofiy details each characteristic of the stone. And you are encouraged to make full use of the extensive facilities
      242 words
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      Page 2 Advertisements Column 2
      0 2 "/<''\%\/{,%&$?|\+;]|*+[:'+,^/'
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  • REGIONAL
    • Article
      Lock icon What Marcos is expected to raise in Hawaii
      656 3 Reuter SECURITY arrangements for Asia and the Pacific in the wake of crises in Kampuchea, Afghanistan and Iran are expected to be among the main issues for President Marcos when he visits Hawaii this week. The official Philippine news agency said officers
      Reuter  -  656 words
    • Article
      Lock icon Tourists spending more than ever in Hongkong
      631 3 AP. TOURISTS in Hongkong are spending more than ever be- i fore in this shoppers' para- i dise and the Japanese are outspendtag everyone But the once free-wheeling i Americans have fallen far behind on the list of big i spenders. Undaunted by
      AP.  -  631 words
    • THE REGION IN BRIEF
      • Article
        CURBS ON CAR IMPORT
        389 3 INDONESIA will reduce the typea of foreign-made motor vehicles imported into the country from 110 to 72 to rationalise the domestic industry. Director General for Metal Industry Suhartoyo said further reduction of types and possibly also of brands will be made in future. CHINA AMfam af
        389 words
    • Article
      Lock icon Mission aimed at selling KL products to Beijing
      337 3 Reuter MALAYSIA'S Minister of Primary Industries, Datuk Paul Leong, arrived in Beijing yesterday at the head of a mission aimed at increasing growing expbrts of Malaysian primary commodities to China. Datuk Leong said before leaving Kuala Lumpur that one aim of the
      Reuter  -  337 words
    • Article
      Lock icon Sabah's trade surplus falls
      103 3 Reuter THE EAST Malaysian state of Sabah's trade surplus (or January fell to M 5103.33 million from $134.92 million in December, but was above the $73.71 million reported in January 1979. The total 1979 trade surplus for Sabah was $2.10 billion compared with $1.26 billion in
      Reuter  -  103 words
    • Article
      Lock icon Japanese choose to remain indifferent
      719 3 TWIST TO IRANIAN THREAT Reuter JAPAN yesterday played down the effect of the expected cutoff in Iranian oil supplies as Japanese importing companies, acting under the direction of the government, stood firm on their decision to refuse to pay more for Iranian crude. A spokesman
      Reuter  -  719 words
    • Article
      Lock icon Call to raise discount rate
      342 3 Reuter AN ECONOMIC advisory group to the Japanese government has called for an Increase in the official discount rate to 11 per cent (from 9 per cent) and other deliberate efforts to slow economic growth temporarily to overcome the effects of what could otherwise be
      Reuter  -  342 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      793 3 AH Senrfae Operator Nuber LRIV Load ALS Proa PAA FT SIA/BA MAS MAS SIA pam FT71 SQ/BA17 MH621 MH607 SQ101 MH671 MB 0711 0715 0835 0830 0815 jnC/STO/HKG jra/ORD/ANC/TPE LHR/BAH PEN KUL KUL MAS 0930 PEN/KUL SIA CAL RBA CPA GIA SIA GIA MAS BN GIA PAL
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  • Page 3 Advertisements
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      4 3 h/otic Food (mivv yrSv\*Wtt*H
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    • Advertisement
      Page 3 Advertisements Column 2
      110 3 Convert your Accounts Receivable into CASH immediately U PRODUCTION/ PURCHASES 5 5s CD o HONG LEO^ G riM AMOVMore funds for your business? ACCOUNTS RECEIVABLE FINANCE is the modern answer by Hong Leong Finance to benefit all companies whether big or small. Under this scheme, a steady flow of funds
      110 words
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  • RAW MATERIALS
    • Article
      'Rubber will rise despite recession'
      764 4 ALTHOUGH demand for most commodities will probably decline with the onset of a world-wide recession, an international banker believes that the price of rubber win rise. Professor Geoffrey Maynard, vice-president and London-based director of economics for Europe and the Middle East of the Chase Manhattan
      764 words
    • Article
      CLOSING PRICES
      37 4 Rubber; April 21 Singapore: May: 316.60 cents (down 7.00 cents) Malaysia: May: 390.00 cents (down 6JK> cents) Tin: (down 613) (oqnivnlent to 638.18 nor kilo) (down 90 cents) Official offering: 173 tonnoe (down IS tonoe)
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    • Article
      RUBBER
      373 4 THE SINGAPORE market closed lower yesterday with May One RSS buyers quoted at 31&50 cents per kilo, down seven cents from last Friday's close, dealers said. Morning prices were marked down slightly on reserve of buying, stale bull and speculative selling, they said. Afternoon prices fell further on stopkiss
      373 words
    • Article
      RAS PRICES
      271 4 R.AJ3. prtcM In ctntt pec kilo yeaterday: MUM (V (P«r Wlo) i 9eUen (par kflo)_ Buyw tel. 1 R-S-8. prompt f.®.b. 115 08 Int. 1 R-S.S. May SMI tel. 1 R.S.S. Jane IBB tatzRjj. aui UK/OHM BIB Int. 3 R.S-S. mm UKCont mm tat. 4 ww* SMI 317.00N
      271 words
    • Article
      SSR and SMR
      77 4 NOON M mi ma. priw» mlniy IM M (Cam >MW ssrm (l-napdM MOOC am 10 fl-ba Ddbt) MTjM ay Jt MM) garwi 2M00N »20 2M00N »i> IjjMi) i MOON Ml.OON 8MB SMR LB CV L > or c 10 -M SK Ht) MM 167iO MUON JMJSON J
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    • Article
      Straits Tin
      38 4 THE MnM> tta priee la iiiiJ sa al Ha AgMMft eeOag. Lflwl iHfcsi|fc < *S um reports of •nananoo rthdiliy|yii abw Mai turnover dripfil la lit tsases free ISS toaaes sa Satarday aai lfl toaaes witk aal
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    • Article
      Produce exchange
      109 4 CHINESE Prtiiec Exchange, l>|i>i", dMta( prices per plenl yesdcHt ad; Bulk |OT tellers, old drum SlO3 sellers, new drum HOT sellers. Csara: Mixed (loose) UK/ Coot 151.00 buyers. Pepper: Muntok ASTA white fob 100% NLW ****** sellers, Sarawak white (Ob 96% NLW $297J0 sellers, Sarawak special black fob
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    • Article
      PALM OIL
      71 4 THE MARKET in Kuala Lumpur yesterday ruled lower with buyers sidelined awaiting overseas advices, dealers said. Trading was thin with the southern region easing MHO to $985 per tonne for April and May positions while the central region eased $5 to $975 for May. The refined market saw
      71 words
    • Article
      Lock icon CONSUMERS MAY SHARE COST
      362 4 Reuter TIN CONSUMER states might share with producers the cost of flnanrtng a tin buffer stock to keep world market prices stable, US deputy special trade representative Michael Smith said in Geneva. However, at a conference here to negotiate a new International Tin Agreement he said
      Reuter  -  362 words
    • Article
      RICE
      306 4 SINGAPORE: Yesterday's closing prices in S$ per Idlo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.05, 100 per cent second class 0.90, 100 per cent third class 0.88, 25 per cent new crop 0.80, B-10 per cent OA THAI BROKEN: A-super 0.63, Special no stock.
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    • Article
      LONDON MARKETS
      810 4 COFFEE: Robusta futures closed a quiet morning steady, £3 down to £5 per tonne up from Friday. Turnover was 701 lots inchtfting n<n> options and around 254 lots of crossed trades. Dealers said the market held a narrow trading range with light commission house and producer group selling
      810 words
  • ASIAN STOCKS
    • Article
      Lock icon Afternoon loss
      716 4 TOKYO Source: DBS-Daiwa THE MARKET started out higher yesterday, led mainly by coal, oil and largecapitalisation issues. In the afternoon, however, the market gradually weakened, because investors turned cautious owing to the rapid run-up in stock prices. As a result, coal and oil issues were not actively bought
      Source: DBS-Daiwa  -  716 words
    • Article
      Sydney
      369 4 OIL and gas stocks were in heavy demand yesterday in otherwise sluggish trading as investors waited for firmer trends to emerge in world commodity trading, brokers said. Cooper Basin oil and gas discoverer Santo 6 led the energy sector with a 20-cent gain to A 17.90 while Hartogen rose
      369 words
    • Article
      Manila
      112 4 STOCKS closed generally easier yesterday with turnover decttninf to 2J million pesos from Friday's 14.7 million, dealers said. APR 21 Ptaoa A Acoje Mining mm -0.0002 A 11*1 Coo. A i- Alias Can a »T5 -0J5 Baguto Ooid 0006 fOJOQfl Benguet Coo. BF Goodrich «i m ISJO -4 uncfl
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    • Article
      Selected indices
      29 4 H.K.HANQ SKNO Monday doMi Friday «BUI Week Ago SMA1 SYDNEY INDUSTRIALS Monday MM> Friday 0O1J6 Week Ago ***** ALL ORDINARTO8 Monday TW.71 Friday W.M Week Ago W.U
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    • Article
      Bangkok
      228 4 STOCK prices declined yesterday, dealers said. APR 11 Bahts Asia Credit 136 •4 Asia Fibre 131 -1 Ayulhaya In*. And Trust Bangkok Investment Bangkok Bank 286 Bangkok Drying And SUo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd 160 unch Bala Berll Jurker
      228 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      110 4 discusses aslo look and asses V'i'S iH» i i Tf >-dit »f Singapore Business f the possi hit r < t; •-r i 1 rformarv 1 ;ver Trend. Regional Market Intelligence. Keeping Track. News in Pix. News of the Month. Company Reports. Stocl- Market Review Stock Profile. New Products v
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  • OVERSEAS
    • Article
      Lock icon Severe blow dealt to Bush's hopes of ousting Reagan
      462 5 Reuter REPUBLICAN George Mi's hopes of besting (root-runner Ronald Reagan in today's Pennsylvania presidential primary have auffered a severe blow at the hands of a man who has already dropped out of the race. Senate Republican leader Howard Baker flew into
      Reuter  -  462 words
    • Article
      Lock icon Unctad meeting ends without hitting target
      441 5 Reuter THE 100-natton interim committee ac unctaa during #1 i IA J uK wccicuu nnisneq a twoweek mf ting without completing its work target of mum Ung the 1979 Unctad common fund agreement into a legal text due to be adopted at the end
      Reuter  -  441 words
    • Article
      Lock icon Bonn's trade deficit likely to worsen
      462 5 Reuter WEST GERMANY'S foreign trade position has changed drastically and the deficit trend will probably worsen, giving an ejected 1980 carrent account shortfall of around 20 billion dentschemarks, Bundesbank president Karl Otto Poehl said. In an interview in Der Spiegel, Mr Poehl noted that
      Reuter  -  462 words
    • WORLD IN BRIEF
      • Article
        GAS PRICES MEETING
        350 5 SIX gas-producing countries win meet in Algiers to dlscusi whether current gas prices are adequate given the world energy situation. The Algerian news agency reported that experts from Algeria, Abu Dhabi, LyHa, Iran. Indonesia and Qatar will review all aspects of gas exploitation, production marketing at the
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    • Article
      Lock icon Sadat is not reshuffling cabinet, says spokesman
      300 5 Reuter A PRESIDENTIAL spokenman in Cairo has said that Egypt is not considering government changes snd has denied a report that President Anwsr Sadat would reshuffle his Cabinet next month. Sources dose to the government hsd said earlier that the president was contemplating
      Reuter  -  300 words
    • Article
      Lock icon Oil companies switching to coal money
      488 5 Reuter EXXON Corp, the world's biggest oil company, expects to produce nearly 30 million tonnes of coal in 1965. British Petroleum (BP) expects to exceed that figure while the Royal Dutch/ Shell group has plans to produce 25 million tonnes a year. As power
      Reuter  -  488 words
    • Article
      Lock icon SAUDIS AND EXXON IN CHEMICAL PLANT VENTURE
      183 5 Reuter AGREEMENT has been reacted on building USS2 billion poiyethelsne plant at Jubail, Saudi Arabia. The Saudi Arabian Baric Industrie» Corporation (Sabic) add the agrssmsnt will be signed on Saturday with the Exxon-Arabian Petrochemical Co, a subsidiary of Exxon Corp. The plant, expected
      Reuter  -  183 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      227 5 The remarkable IBM Office System 6. IBM Office System 6 is a sophisticated text processing system that does much more than just prepare documents. It can edit, revise, reformat and communicate finished text automatically and immediately to the next office or anywhere in the world. In addition, IBM Office System
      227 words
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  • Article
    Profit that's not without risk
    367 6 GIVEN the problems that have been thrown at motor dealers in the past year, It should come as no surprise that Tan Chang Is reducing the selling prices of its Datsun range. Any slight edge must be taken advantage of in so difficult a market.
    367 words
  • Article
    Lee's suggestion most laudable
    199 6 AGkI'iKM hiNT by consensus is hb admirable approach for any grouping to adopt. It Is based on the very honourable belief that a project or decision can only be Implemented successfully when all concerned are completely happy with the proposal. Perhaps the best known and most
    199 words
  • Article
    Lock icon Direct selling due for a shake-out
    1151 6  -  The business of "direct response selling" through magazine advertising is booming in Britain. The market is now thought to be worth £350 million annually and new small companies are springing up like mushrooms. But Britain's economic downturn means a shakeout is almost due thie
    FT  -  1,151 words
  • Article
    Lock icon Closer attention for next-door neighbours
    1013 6  -  FORUM, with JAMES RESTON NYT. THE GOVERNOR General of Canada «deed startling question last week, bat Washington was so preoccupied with events, or non-events, in Iran, Afghanistan and the political struggles between Mr Sadat and Mr Begin, that his question was scarcely noticed. "Will Canada
    NYT.  -  1,013 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      96 6 M In this wickedly funny, outrageous tale of lost HbfclHj Kingsley Amis takes a ihievJP and sceptical look at the ctiHp fringes of psychotherapy, the jargon, its practitioners end victims, and at where sex, 70*s style, hes tended us. A bestseller in hardback, this is everyone pointed out, his funniest,
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1158 6 Punctuality obsession ARE YOG «m tt those wfci «Im« trip ft* America the wr I —as toagllir sr lsterest to Tue la it c 2 D wiyw CMkrta, Naaey Deearl, Urillt SINGAPORE 5 i W OptAc Mmd by fl*ai's 7.04 Haqw Kiyti hW GHpn *i mim (r) 7JO Dm (Maky)
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  • Article, Illustration
    What about the remaining 80.3pc of MCL holders?
    2594 7 LETTERS TO THE EDITOR Eleven days after Mr Jack 1 Chiarapurk's (atlas Jack Chia) April 1 clever but incontradictory lengthy reply, the Malayan Oedit s Mr Chia retires from the 1" Chairmanship of MCL on April 11 and contemplates kla nils WS—
    2,594 words
  • Article
    DEFECT IN STRATA TITLE ACT
    660 7 I refer to the excellent article in Thislnees Times of March 14 on the defect 1b the Land Titles Act and Land Title» (Strata) Act, disclosing the concern of the Legal Protection regarding the dangers facing purchasers of properties which are subject to subdivision and
    660 words
  • Article
    See Chiarapurk at coming AGM
    153 7 The great Mateyaa Credt tesßtagi te Mr Jack d£ siegmfc te smst Ms tetsr*A raSlg jnbdhte«i^ 91 teddMsns te expae! AOM~(he eaaslt/er o*l m sstmlslhn test hs wM attend tee AOM sf Mateyaa Credfc (he has as rsaesn te di>e»). Bat M Betty Lse aai
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      11 7 f'mtndrr /0\ 10 ran 0 mi Lmi 1 3 3 EE
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    • Advertisement
      Page 7 Advertisements Column 2
      183 7 Af X The Concorde Easy Chair Comfort that is out of this world V -v Introductory Offer For a limited period of one month (18 April 17 May), we are offering the Concorde Easy Chair at a special 25% introductory discount. From $850. Don't miss this offer! Visit our showrooms
      183 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Continued weakness
      662 8 FIRST QUARTER TRADING AT BP Reuter BRITISH Petroleum's first quarter trading results this year, after excluding the benefits of first in, first out inventory accounting, showed a continuation of the weaker pattern seen in the final quarter of 1979. Chairman Sir David Steel said the tougher Opec nations
      Reuter  -  662 words
    • Article
      LOWER SALES ATBOC
      70 8 PRE-TAX profit at BOC Lid WJ U 1> the dm SJt-56? Dee a, If». felted 12*31 fata— kftatokat dropped I» lMf (l.Ttp) m mrt «iiSiSSla The pre-tax pnflt wfti •fter Mjhsr IwmIiII» «I COJaflfl—(akf sdUßsa). ESS'Jkv 55 First quarter sales wsald have b«ea £1U arilllsa higher I
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    • Article
      Lock icon Remy Martin (FE) plans to go public
      533 8 Reuter REMY MARTIN (Far East), currently wholly-owned by the French parent company, will go public with the issue of million ordinary nominal HKH shares at 17 a share, Wardley Ltd said as issuing manager. The issue will be equivalent to 25 per cent
      Reuter  -  533 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      119 8 Where to wine, dine and entertain si!.!,, occunncT »Jt n«i addiuofwi pnen F<w tarry MM Bm Mmcat •ChargM mciuMotSwMcaCtwgat INTERNATIONAL Seekee? SKkbiARES' Ttmtkmfm □a; f^ a !»y. Local Designers ?SS3?r fashion Ruade Laadbeoa A Show Skowttac: 1.00 pa GARDEN BALLROOM 2ai Floor HOLIDAY INN HOTEL 10* Service Charge 3% cJwSmS
      119 words
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      Page 8 Advertisements Column 2
      138 8 lubertus ®rill For lunch For dinner. For a richly rewarding experience. BviV I \i >1 ,s 1()' i" J«H H f: 11)' i s 1 ft.ll'Jt' > fx, i, V •'•Hiii'n I 'in k Slit-i J i s I 111 M 1 -M 1JL») if M >1, >■ I m
      138 words
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      Page 8 Advertisements Column 3
      152 8 [@@}^%)-&/'(."))~=|{]_^}:-<')|' 4 >A V Dine at Dragon Palacc f Kiv. <1 r«• v «»l f< cisi ofY] I atIIIOIICSC (it l( «»< irs ci ni<'rri(»r.il)lc ♦'Xf)i'rirn< Quick H (m< j Koni{ i im Sum I urn h .n <ul.il>le (i.tllv. tOk,.. T Corkpil thotrl .11! losi phinc |iii s( rv
      152 words
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      Page 8 Advertisements Column 4
      195 8 Heard of Steamed Pomfret Roll? Anil that s onlv one *he upatHin's There are more Including a wide selection of our very Flavours of Singapore Rediscover your taste buds With great taste sensations It you ve been around there s only one place left to go Up ToHin's Hin s
      195 words
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      Page 8 Advertisements Column 5
      207 8 =Llli Within the m mml vicin.ty of 41 W(g Orchard Road •Prompt Luncheons •Gourmet Dinners Functions •Home Catering •Buffet Party from $10.00 par person onwards Daily: 11.30 am to 2.30 pm 6.30 pm to 11.00pm Happy Hours: 230 pm to 630 pm Drinks 81 Snacks r> OJjLT On H r>
      207 words
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  • MONEY AND EXCHANGE$
    • Article
      Singapore market
      479 9 DEALERS (seed a cautious and nervous market yesterday. Uncertainty over the outcome of oil cutbacks by Iran resulted in the yen's depredation. Starting off at 249.60/80 against the yen, the US dollar edged upwards to 249.90/ 0 when Tokyo closed. It strengthened further to 250.10/20 when European centres
      479 words
    • Article
      TOKYO
      134 9 THE U.S. dollar for overnight delivery closed firmer yesterday at 249.85 yen, compared with a 249.70 opening and 248.80 at Friday's close, dealers said. Trading was active but nervous, with volume of US$B65 million. After erratic early trading, the dollar fluctuated between 249.55 and 250.10 yen in moderate but
      134 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 12.2 per cent.
      22 words
    • Article
      ASIAN $
      170 9 ASIAN ASIAN currency deposit interbank rates as at close on April 21: aifTsr 7 days 17H 17V. 1 month 19'* 19 2 months 17* 17H 3 months 177/19 17 4/16 months 169/19 19S/16 9 months 16 7/19 166/16 12 months 16* 16 DM (MUIL Wi 1 1 1 month 3
      170 words
    • Article
      Discount
      47 9 RANGE at price* offered by discount houses on April 21: Overnight: 3 7H* Call deposits V>,H CWsinf Buytag fMUag 3-month Treasury bills 7H V/, 3 month Bank bills ll't llH 3 months CD 11*. HH 6 months CD n 13/1# 11 li/ie Source: National Discount Co
      47 words
    • Article
      Frankfurt
      30 9 FRANKFURT exchanges opening quotes yesterday: US 1.8500/20 Stg 4.110/120 Can 1.5612/34 DO 91.02/22 Sir 106.85/107.10 Lit 2.122/132 Fir 42.95/43.10 Nkr 36.95/37.05 Bfr con 6.210/220 Btr fin 6.066/068 Yen 0.7402/17
      30 words
    • Article
      GOLD
      197 9 GOLD futures in Singapore yesterday closed slightly lower after moving within narrow margins in generally quiet trading, and the closure of the Hongkong market also dampened sentiment, dealers said. Total sales for the dsy was recorded at 06 lots and kerb volume at six lots. June closed slightly lower
      197 words
    • Article
      London
      387 9 THE U.S. dollar steadied yesterday after Friday's decline in US markets despite a much lower opening for Eurodollar deposit rates, dealers said. The dollar opened at 1.8505/25 marks before Arming to about 1.8525, around one pfennig higher than the New York close on Friday at 1.8415/35, with a «imiUr
      387 words
  • BANKING AND FINANCE
    • Article
      Lock icon Beijing taking Taiwan's seat at IMF
      293 9 Reuter A CHINESE Foreign Ministry spokesman indicated yesterday that the Beijing government was still awaiting official notification that it had replaced Taiwan in China's seat at the International Monetary Fund (IMF). The IMF announced last Thursday It had accepted Beijing and ousted Taiwan as
      Reuter  -  293 words
    • Article
      Lock icon TWO MAJOR ISSUES
      429 9 Reuter FINANCE MINISTERS from 21 nations will meet In Hamburg on Friday to discuss two major problems caused by the strain which higher oil prices have put on the work! financial system. The first problem for the interim committee of the International Monetary Fund (IMF) is a
      Reuter  -  429 words
    • Article
      Lock icon BCCI not granted top status ranking in Britain
      477 9 FT THE BANK of England has told Bank of Oedit and Commerce International (BCCI), the Luxembourgbased bank with Middle Eastern shareholders, which has 4b branches in the UK, that it does not merit the status of a recognised bank. Instend the Bank
      FT  -  477 words
    • Article
      Lock icon Swedish offering resumes Samurai trading
      344 9 Reuter THE TOKYO mart* for Samurai bonds, yen-denomi-nated bonds Issued by foreign issuers, will reopen soon after virtual suspension far a month because the Finance Ministry has given permission for the flotation of a 30 billion yen 12-year bond by the Swedish government Negotiations will
      Reuter  -  344 words
    • Article
      Lock icon Not indicative of a slackening demand
      260 9 Reuter THE SMALL riae in UK banks' sterling lending to the UK private sector of £10 mlHinw in fh> mdrth to mid-March is encouraging but it would be wrong to conclude that it indicates a slackening in the underlying demand for credit. Ranking sources
      Reuter  -  260 words
    • Article
      Bonn's Iranian measures need legal muscle
      493 9 WEST GERMAN banks are generally unconvinced that plans to implement financial sanctions against Iran, should they arise, will be entirely effective in practice. German bankers said the glaring loophole in possible measures to impose a banking and financial freeie on, say, Iranian assets held
      493 words
    • Article
      Lock icon SAME RATE
      54 9 Reuter THE Heagfcsag Exchange Banks' interest rates saV rsHMriiiiiu deelded ta leave laeal prime and depart rates unnhaagiii at Saturday's weekly Ms g, a seaeenuatttoe spekeaamn On March t, the «abeam mittee raised prime leadtag rate by IV* per eent to If per eent and depeaft rates ar
      Reuter  -  54 words
    • Article
      POSB branch
      30 9 BANKING fneflMes trans the Past Ofßea Savings Bank (POSB) ara naw available at the Stanpang Badak Ueattty. Sttnatod at tCtof wma! if hanking haalneaaTwitbInmbd ap to IMB ate
      30 words
    • Article
      Marine Midland buoyant
      369 9 MARINE Midland Banks reported that first quarter income before securities transactions rose 32.9 per cent from the first quarter of 1979 to US$lO.4 million. Net income (or the quarter was $8,854,000. Board chairman Edward EfcrfTy said, "These results are due significantly to effective asset and liability management
      369 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      120 9 i 1 H CONTENTS Road Safety and You Road Accidents: Taking Cover Insurance: Look at the Fine Print Staying in Shape for Driving Bikes: Functional and Fun PARF: How It Works Buying a Used Car: Beware of Bargains When and How to Sell Your Car Looking After Your Car Checks
      120 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1101 10 BID and offer prices officially MsOsd and burin— ta and reported to the Stock Eachaage «"Wagapore yesterday with the number of shares traded shows in bracket! in lots of i qpO units, ualsss otherwise specified iSBCTION ONI INDUSTRIAL COMMERCIAL A*( (17XB 173B)
    1,101 words
  • Article
    Unit trusts
    115 10 "IWSavtafiFted l.« L3T*d S pore Png Puad UT LIS S pore Sac. Fund U7 LM S pore Invest Fund L« LS S pore Equity Tmi LSI LIS r MIDMTIKIT T JWrer-'-jriS- Mai Proj Puad LSI LM Mai Security Ftoad LM LSI Mai Berjaya Fund LSI LStad Si Si
    115 words
  • Article
    SHARE INFORMATION SERVICE
    2563 10 i«4 I960 lk Low Cmpuj Last Sale +®rGr's Dir Dhr Crr Gr's YTd Net P/B Vol Day <<000) Higk Low 98ECT10N ONE INDUSTRIAL ft COMMERCIAL 3* 3M m m 340 246 m 116 140 no 68 am 338 187 m Aau Alcorn Allied Choc BAT Bate Bra
    2,563 words
  • Article
    In Kuala Lumpur
    1274 10 BID and offer price* officially listed and hmtntw in and reported to the Kuala Ijbbpbt Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unleas otherwise specified. dommhials Akwa (112B) (1) 112 /Uax BaM (1MB) A ChM (LMB 1138)
    1,274 words
  • Article
    COMPANY MEETINGS
    303 10 FEDERAL CaMes, Wires AGM to*beHMdatthe E A 0 Hotel Lebor Farquhar, Penang, at 12 noon on April 28. MALAYAN C—t BM: AGM to be held at 1st Floor, Wisma Damansara, Jalan Semantan, Damansara Heights, Kuala Lumpur, at 11.30am on April 29. BBUUNTAI Tin Dredging BM: EOGM to be
    303 words
  • Article, Illustration
    Spotlight on Malaysian counters
    485 10 THE WEEKEND mn that Malaysiaa trade aMk haa ealied «K Mr r 1 J ire* itteki aaridst geaerally fsM Mk| at Ike Bli|tp«re Steek Exckaage yesterday. Taking the lead (an eg kMriib, Magaam Cup» rattoa laepreaaed with a MOĔ rtoe tone togk as fIU praftt-tektag emerged
    485 words
  • Article
    Steadier close in K. Lumpur
    619 10 LIGHT buying support acrov a (airly broad front helped prices to a slightly steadier ck»e at the Kuala Lumpur stock market yesterday. However, there was no significant increase in volume to indicate a return of confidence in the market. Buyers remained cautious and were nibbling
    619 words
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  • COMPANY NEWS
    • Article
      General Lumber ready to stage a comeback
      758 11  -  ■y P GUNASEGARAM GENERAL Lumber, a timber processor and manufactum- of wood products, is confident that it has laid a firm foundation for improved profitability with the implementation of its rationalisation programmes. Chairman Datuk Kang Kock Seng says in his annual review that
      758 words
    • Article
      DIVIDENDS ANNOUNCED
      636 11 Carraat Payaeat Kx Data Book* Cloaa Data Tatal for Total for Payable the year Preriooa year DBS Goodwood Park H Maia Mia* Coart Keck Seaf Paa Malayaa A Bat Talaai Miaaa Bak Hyd Aokaa Tia Mai Tia BATS Bedford Plaal St Staaat CSuut UOL uor 0 K Life
      636 words
    • Article
      SCRIP ISSUE
      263 11 Com M>y Particular* Ex Date Books Close Sis* Darby Utd Mai High Low Ajtoo—lo G Kill SW MalakofT Bouatead Utd Plant T Teat Paa Malayan St Steaai Sea View OC BC UOB Sanyo lad St Trading Bonus Issue of 1 for 3 Bonus Issue of 1 for 4
      263 words
    • Article
      BAT faces year of uncertainty
      617 11  -  By ANTHONY TAN BRITISH-American Tobacco (BAT) will face a tougher year ahead In Singapore following the Government's March budget moves to further discourage smoking. But increased exports should help sustain earnings. Together with Rothmans, the other publicly listed cigarette manufacturer, it will have to bear
      617 words
    • LATEST RESULTS
      • Article
        TAN Chong Motor Holdings
        77 11 has reported group pre-tax profit for year ended Dec 31, 1979 of M965J52 million, compared with 924.11 million previously, on total turnover of 9430.47 million (9337.79 million). Directors are recommending a final dividend of 17.5 per cent on the enlarged capital. This, together with the interim
        77 words
      • Article
        HARIMAU Investments
        56 11 said that the net tangible assets backing for each of its H ordinary shares based on the group unaudited accounts as at Mar 31, 1980 was 93 cents per share. Assuming full conversion of the loan stock into ordinary shares, net tangible assets per share would be 95
        56 words
      • Article
        MALAYA Glass Factory
        32 11 has reported pre-tax profit for the six months ended Jan 31, 1960 at MJ1.77 million as against $1.34 million the previous year, on turnover of $8.64 million ($6.97 million).
        32 words
      • Article
        MALAYSIAN Foodmills
        33 11 has reported group operating profit (or year ended Dec 31 of M 53.38 million ($2.96 million previously). Directors have recommended a first and Hml dividend of 10 per cent (10 percent).
        33 words
    • Article
      Loytape confident of improving its performance
      311 11 DESPITE a significant (all in profits last year, Loytape Berhad is confident that it will improve its performance this year. The improvement would come about from its recent cost-saving measures and restructuring of its borrowings. This, chairman Ngan Ching Wen says, will enable the
      311 words
    • Article
      Tin output of MMC group up slightly
      329 11 OUTPUT of tin concentrates from the mines in the Malaysian Mining Corporation group rose to 1,554 tonnes in March compared with 1,448 tonnes in February, mainly reflecting sharply increased production by Malayan Tin and Southern Kinta. However, with the notable exception of the
      329 words
    • Article
      Central Prop sells Woodkraft for $1.41m
      195 11 CENTRAL Properties has sold it subsidiary, Woodkraft (Pte) Ltd to Kok Hin Chong Pte Ltd for a cash consideration of $1.41 million. The sale of Woodkraft's entire issued capital of 840 shares at $100 each at par to Kok Hin Chong reaps a hefty
      195 words
    • Article, Illustration
      Lock icon Selection is the name of the game
      567 11 wo® by HOCK LOCK SIEW WITH A RECESSION now on in the United States, increasing political turmoil in the Middle East, rising interest rates and inflation in Singapore, the overall scenario can hardly be considered being conducive to investment in equities. By conventional
      by HOCK LOCK SIEW  -  567 words
    • Article
      HWA Hong Manufacturing
      21 11 said that Mr Lee Theng Hee has ceased to be an alternate director to Mr Hwang Chung Hwa.
      21 words
    • Article
      DATUK Keramat
      95 11 has said that the possibility of a bonus was raised by shareholders at the company's general meeting last year, and in the preceding year. It was replying to queries from the Lumpur Stock Exchange regarding an article In the ITisifm« Times entitled, "Steadier trend rules the market". In
      95 words
    • Article
      MALAYAN United Industries
      34 11 aid that its rights issue of 11 .S3 million orttt- nary shares of H each at price of $2 per share which closed on April 17, have been fully taken up.
      34 words
    • Article
      GUINNESS Malaysia
      18 11 has announced the retirement at Mr Low Teng Choo as a director d the company. 3
      18 words
    • Article
      LOYTAPE
      21 11 announced! that YBM Tengku Zakl bin. Tengku Ahmad Tcmenggo*' ing has ceased to be a direct tor o( the company
      21 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      169 11 Jardines 1979 Profits: 20 per cent Increase After tax earnings up 20% to S$ 176.1 million. Extraordinary items add further net S$ 16.2 million. Earnings per stock unit before extraordinary items 550.812 compared with 550.694 in 1978, an increase of 17%. Higher dividends. Recommended final dividend of 550.262 making a
      169 words
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  • Article
    Nugan Hand accounts at risk
    471 12 MORE Hongkong depositors stand to lose millions of dollars as a result of the appointment on Friday of provisional liquidators to Nugan Hand in Sydney. The latest group of Hongkong depositors to be hit are those who put their money in the group's subsidiary and
    471 words
  • Article
    INDONESIAN MP HITS OUT AT HABIBIE
    117 12 AN INFLUENTIAL Indonesian parliamentarian has sharply criticised the holding of company director posts by Minister of Research and Technology B J Habibie. Mr Rachmat Mulyomiseno of the Muslim United Development Party faction and a former trade minister himself, was yesterday reported by the Armed
    117 words
  • Article
    Lock icon Tunku to mediate in labour row
    334 12 Reuter AFP FORMER Malaysian prime minister Tunku Abdul Rahman said in Penang yesterday that he had proposals to patch up a quarrel between the labour movement and the government over governmentamended labour laws which threatened to disrupt Malaysia's industrial peace. The Tunku said after
    Reuter; AFP  -  334 words
  • Article
    Lock icon Totally incorrect
    153 12 UPI REPORTS that Australia shipped 500,000 tonnes of its barley to the Soviet Union via were called "totally incorrect' in the Australian Parliament yesterday. Senator John Carrick, representing the Trade and Resources Minister made the denial in response to a question in the House whether some countries had
    UPI  -  153 words
  • Article
    Lock icon Another sign of Zhao's rising power
    178 12 UPI THE rapid political rise of newly appointed Chinese Vice Premier 2iao Ziyang won more confirmation yesterday when the full text of one of his speeches was published in People's Daily, official newspaper of the Chinese Communist Party. Mr Zhao, the former party first
    UPI  -  178 words
  • Article, Illustration
    Lock icon JAPAN STEPS UP AID
    487 12 AP, Reuter JAPAN has set in motion plans to increase economic aid to Persian Gulf and Arabian sea nations in Hn» with US requests to help support the stability of countries around Iran and Afghanistan Foreign Ministry sources said the government is now considering the feasibility
    AP,; Reuter; UPI  -  487 words
  • Article
    Lock icon Thai trade balance improves sharply
    149 12 AFP THAILAND has announced a sharp improvement in its balance of trade and payments in the first two months of this year, compared with a year earlier, mainly .because of jumps in agricultural exports. A government spokesman said over the weekend that the value of
    AFP  -  149 words
  • Article
    Lock icon Workers in Indian state defy curfew
    371 12 UPI WORKERS in India's volatile north-eastern state of Assam yesterday defied a round-the-clock curfew enforced by shoot to kill orders with massive civil disobedience. State officials fear the situation in Assam is moving towards secession. Members of student, political and other groups that have
    UPI  -  371 words
  • Article
    LONDON STOCKS
    766 12 LONDON, Mon. Government bonds moved higher while gold shares and other equities were mixed, dealers said. At 3pm the Financial Times index was up 0.2 at 442.9. Gains in government bonds stretched to 5/8 point. Dealers noted relatively strong demand on hopes that international interest rates have peaked.
    766 words
  • Article
    Thorn calls attention to S'pore TV exports
    483 12 BRITAIN'S largest manufacturer of TV sets has drawn the attention of the European Economic Community to competition posed by Singapore manufacturers. Mr David Hewitt, commercial director of Thorn Consumer Electronics, said that in considering protective measures for the European industry, it is improper
    483 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      91 12 INST/4 LOCUM Call us at *****77 *****78 "IfotVi AH&vCX" U5515,000,000 Extendable* Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 25th October, 1983 THE MITSUBISHI BANK, LIMITED (Singapore Branch) A In accordance with the provision of the Certificates, notice is hereby given that for the six months interest period from
      91 words
    • Advertisement
      Page 12 Advertisements Column 2
      82 12 Fixed Deposits Savings Accounts 10V2% p.a. for one month Mm 10% p.a. for 3 months 9 3 4% p.a. for 6 months 9 1 /2% p.a. for 9 12 months 30 9 4 o P- a JHftl FAR EASTERN BANK UD. Head office: 156 Cecil Street (0106) Tel: *****11 (3
      82 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      66 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Cloudy with light rain in a few places. Bepart for 24 hnn 21 at the airport. to U pan. «a Apr Maximum temperature 29.1 Associated humidity 85 Minimum temperature ."..."*23 4 Associated humidity ....i.".. Hours ot sunshine nu Rainfall in
      66 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Port operations improve
        64 13 Reuter INDIAN port» improved their operations in first quarter 1980, Shipping Minister AP Sharma said. In Bombay port the number of ship-days lost declined to 484 in the January-March period this year compared with 3,250 a year earlier and traffic handled in the fiscal year 1979-80, which
        Reuter  -  64 words
      • Article
        Lock icon Workers still on strike
        99 13 Reuter A STRIKE by Bass Strait Oil Rig maintenance workers will continue indefinitely, Federated Engine Drivers and Firemen's Association industrial officer Mick Clarke said. Shop stewards rejected the suggestion at arbitration commission talks last week that a commissioner Sweeney Chair talks on the men's roster claim
        Reuter  -  99 words
      • Article
        Lock icon Awaiting cargo clearance
        107 13 UPI THE Philippine-Soviet (Philsov) Shipping Company said a Soviet commerical ship has started loading 7,600 tonnes of sugar in a central Philippine part for shipment to Europe. Philsov officials also said that the MVKoamsomalets Arpema sailed two days ago |o the loading port of San Carolos city
        UPI  -  107 words
    • Article
      FCRIM's position on shipping KL rubber to Europe
      860 13  -  By G DURAIRAJ THE FREIGHT Committee of the Rubber Industry of Malaysia is prepared to resist any onerous conditions the Far Eastern Freight Conference may impose on the carriage of Malaysian rubber to Europe under the separate merchants agreement. Describing the recent
      860 words
    • Article
      Common stand on surcharges
      61 13 MIfPIJUI mm* tnm SUfftrf Omml (BSC) Mi tie MM NMlhh Emm* Mi SmM CmPMBe (Imp),» ipifciM ■NMI MM HVpirMlitekMi A FH'BI* NiMa rf Pt/SuriMFreight •I (Hkrate tt the Mv> itka «f J—l Mppm Ce—Btti (FACT), wblek etarte* feeterfey, k ftttwiei ky Irlfptw taa ft—■ m 4
      61 words
    • Article
      INDEX TO ADVERTISERS
      528 13 Milllht Um 1 Pace CM Adriatic IV 5 Afea VI 3 All trans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 APL m 4/5 Argentine IV 4 ASCL m 1 Asia Merchant IV 5 Bank Line V 5 BBS n 4/5 Ben Un» V
      528 words
    • Article
      Bulk vessel losses faster than growth of fleet
      628 14 TOTAL kan> of bulk vessels in the world fleet have increased "significantly faster" since 1975 nan the growth of that fleet, according to Loodon broker HP Drewry (Shipping Consultants) Ltd. The total work! bulk fleet more than doubled in the years 1970-78
      628 words
    • Article, Illustration
      Passenger launch for Singapore Refining
      67 14 AMERICAN Martae, feaOder «f the Graad Biaks craisers, neeafly delhwi a IUMn pi—eager laaaeh to the Stagapere Refbdag Cempaay. lie laaaeh (ahsre) Is meted by twe Caterpillars»* eaglaes fitted with twia diee MG M redaettoa gears to Sve a top ■peed ef 17 hah. The
      67 words
    • Article
      Container Schedules
      919 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB Um 8h LU»'A|tnt n,U a, rM ">« Auttortw (I) Starting time of receiving 7 days before vessel's arrival (II) Closing time of receiving; FCL CONTAINER 24 hour* before vessel's arrival, (b) LCL CARGO SO hours before
      919 words
    • Article
      LONDON FREIGHTS
      1469 14 ACTIVE time-chartering featured last Friday, with continued Chinese Interest evident and rates tending firmer, brokers said. A vessel of 38,000 long dw was booked from the Continent to China via the US Gulf /US Northern Range at USHIJOO dally, and a similar vessel from the US Gulf to
      1,469 words
    • Article
      Lock icon Arab group won't charge war risk premium for Gulf
      473 15 Reuter THE ARAB Reinsurance and Insurance Group (Arig) will charge rates st "the world standard" and will not set a war risk premium on the Gulf, United Arab Emirates (UAE) Finance Minister Sheikh Hamdan bin RasUd Al-Maktoum said. Speaking at a
      Reuter  -  473 words
    • Article
      Latest rate war casualty
      433 15 LATEST casualty in the rate battle ou the US-Far East trades is the plan by one container group to replace its ageing fleet of 800 TEU containerships for larger ones. 11* (online Japan/US Pacific Southeast (California) container shipping group made up of Mitsui OSk lines (MOL),
      433 words
    • Article
      Lock icon China opens up Yangzi ports
      83 15 Reuter CHINA haa epaael n nhiif in Mi yiMnl Yugrf river ports tonnip trade. The wharves freight porta laclading Wahaa aad Naajtag, MM Um£l tram the awaifceCflhe faagi.^ 0; Film sp the psrte weald greatly Caellttate CWart expert trade, ilaheHaj esstiy traasMpmeat sf gseds te
      Reuter  -  83 words
    • Article
      Lock icon Posidonia 1980 maritime fair attracts 500
      180 15 UPI MORE THAN 500 companies from 11 countries will exhibit their products and services at Posidonia 80, the internstional maritime (sir scheduled to be held in Piraeus from 'June 2 to 7. Posidonia aims at the largest market fan the world for its products
      UPI  -  180 words
    • Article
      Lock icon Helicopter saves coaster crew
      135 15 UPI A BELGIAN Air Force "Sen King" helicopter has rescued three crew menben of a West German that in the North San off die const of Zee land, Holland. An Belgian Air Force communique the Htcopter took off from its bnae near Ostend when distress signals
      UPI  -  135 words
    • Article, Illustration
      SHIPS IN PORT
      421 15 EXPECTED ABBIYALS TODAY KEPPEL WIABVEB Asian Pleiad (OHO subject freeboard)!) Amarantos (0700 after Ocean Enterprlae) 8/7 Clara Maersk (after Patrocha) 21/94 Cherry llolek (0100 subject freeboard) 38 He! (after Ping Chau) 1/2 Kinyo lfaru No 1 (Tanker) (1300 P/O, subject fas free) Memmon (0800 after Vivien hauls)
      421 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3386 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the of Singapore.
      3,386 words
    • Article
      Klang's inefficiency revealed at seminar
      805 20  -  G Dendeaj THE INEFFICIENCY of Port Klang In operating its cargo handling equipment was laid bare at a seminar in KuaJa Lumpur yesterday. And it was done by none other than the Msisysisn Deputy Transport Minister Or Gob Cheng Teik. who warned that unless this
      805 words
    • Article
      S'pore Marine Department introduces new requirements
      301 20  -  •y LINDA CHEE fv THE Singapore Marine Department haa new requirement» which will in tour yean time bring local ihipowueri in line with foreign shipowners who wish to fly the Stagapore flag. By 1984, new locally-owned shins, com•y. prising tlMm owned by wholly local
      301 words
    • Article
      Nedlloyd Lines
      356 20 Liner profile ru NEDLLOYD LINES is part ■r of the large Nedlloyd Group <*»of the Netherlands. Its operations in Singapore are handled by Nedlloyd EAC *<* Agencies, a joint venture be--'tween Nedlloyd and the Esst Asiatic Company of Denmark. The Nedlloyd fleet con- slsts of Ave third generation
      356 words
    • Article
      Renewed demand in Gulf States area last week
      369 20 FEARS of a blockade of Iran by the United States brought renewed dsmsnd in the Gulf Statss area on the tanker market last wssk. A number of charterers entered the market lor very large crude carriers, but, with the current avaflßhaty of
      369 words
    • Article
      Lock icon Top shipping men to meet on Thursday
      156 20 AFP THE biggest-ever gathering of world shipping executives will take place in London on Thursday. In all, presidents or chairmen of 20 national shipowners associations will be present. Countries represented will be Belgium, Canada, Colombia, Denmark, Finland, France, West Germany, Greece, Hongkong, India,
      AFP  -  156 words
    • Article
      WHO ACTS FOR WHOM...
      1316 20 The IwiM shipping 11ms operating trim M prtsjM* the igeato whe handle nrgi IwHip A —B IMrib GhUmt Continental Pwtai (8)/Cargo Freight (PK). APIA StnnOOß Shlnrin» iflMb dm (S)/Earo-Asta liae(K/PN). AM C. iMfer Sn Ooneurtium (S)/Martntex Enterprise (PK). Alpaa latraaea (S)/Tco Shpg and Trading (KL)/Maad Cargo
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      262 13 L PIL GROUP KMULAICOMTADin REGULAR semi-con-?V,^ RVICE FOR the PERSIAN GULF AND RED SEA PORTS. SMPaga V VvJ? I R I )l W Ml SAIL/Aff hi TO/ROM MRTH MDBCA NEST/EAST I rSTRATFS CARGO VIA MUM TO/FROM HONG KONG) s IM« StMBM CMM SFO/QM A VMMB (U) aLUKM* *v 2 i*£
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      Page 13 Advertisements Column 2
      265 13 SHAI.ORI) AMAH UASC UNITED ARAB SHIPPING CO SAG/ H EXPRESS MULTI-PURPOSE SERVICES Dubai (12/5), Aba Dhabi (15/5), Dammam (18/5), Kvwait (21/5), Doha (24/5), Mm Qaboos (27/5) FUIIY CONTAINERISED SERVICE IBEI Dubai (2/5), Dammam (4/5), Kuwait (6/5), Abu Dhabi (7/5), Bahrain (9/5), Mina Qaboos (10/5), Doha (11/5) Dubai (1/6), Dammam (3/6),
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      18 13 mm CONTAINER SeMmk LONDON FnlgMi SHIPS Ib Pirt SUIFPING lift REGIONAL Weaker WHO Acta Ftr Wkm Ivl^' It
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      Page 13 Advertisements Column 4
      463 13 ".]&,_^'="=?=!?@%_/~"$)-&,]"]}< MAERSK LINE EXPORT TO OA PACIFIC. OULF, ATLANTIC, EAST CANADA AND ASIAN PORTS 31.'—"* l 1 Ml*— mm aw mm t fV5 W MB. HB5 "w mm W-W/5 15-21/5 MTN »/4 11/5 22/s 1/5 25/5 5/| l«/ 5 1/1 12/1 25 ,Kf W/< */5 15/# 21/1 OMatrwc *CY 23
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      484 14 LEO SHIPPING PTE LTD SINGAPORf PERN AS MISC SHIPPING AGFNCIFS SDN BHD PGR I KfIANG PFNANG Ml, MALAYSANMTBHA7IQNAL SHPPHG CORPORATION BERHAD HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 1) G'targ 2) tTtari J) r«M 4)r«MS)UH f.KM« Sport tJMI Sm UU SM IM SM bPM 21/4 SM MM iM hM
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      229 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA St PIIBB* Mi 34/5 9-11/9 •It/5 11/5 Ml CM tan tat Ma St Mb IM Mb M 4/7 5/7 7/7 1/7 11/7 12/7 20/7 23/7 21/ 3/1 1/1 lt/t 11/1 13/1 11/1 20/1 25/ 17/1 22/1 24/1 25/1
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      574 15 Overseas Containers Limited WMkfy sendee toffrom UK/Europe n w? Services Te/Fran »n tal ■*M 21 M IMM am mm Mm )fe| 22 My M 11 Mr 31 MM Mm 12 MM IM ■Em lIM Sin Mn&m S Iky 12 M in vms am »>■ M 4 M bjk ■Mm 11
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      Page 15 Advertisements Column 2
      154 15 f7b Fr<i/ico Belyuin Services f tm Htm 14 mm. ummm u ok at/ e/c mbb a/4 t/U**» 1W M M W VMtai 1.173 a/4 aa a/4 l \vaun >RM«a L/C Ml U Mi fmtm M/J If/1 a/I a/1 17/4 IN a/s t/4 i/4 a/4 n/4 V IS 1/5 v* a/s
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      355 16 21/4 1/5 J/5 10/S 12/5 m 21/5 27/5 29/5 X 4/6 lift 12/4 19/6 IT 20/5 2/6 4/t HKMSD TO OMM/1M 3/4 5/4 10/4 It/4 13/4 14/4 10/4 20/4 22/4 23/4 25/4 21/4 20/4 20/4 20/4 20/4 1/5 7/5 1/5 10/5 11/5 14/5 15/5 17/5 10/5 23/5 24/5 20/5 27/5
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      359 16 KOREA LIME HIPPIN( CORFU STORE 12/1 C M»y ALTNRISIW 1/11 Miy 12/11 Hay FOR HBAH ALTAR 152E 8/11 May 12/16 May TO^BUSAH MCHON VEGAI4MV 31 Moy/2 km 3/7 Mm FOR BUSAN VEGA 1501 30 May/2 June 3/7 June TOBUSAN PENANG CALL SUBJECT NXJCEMENT ncKSCKSCKScacacacacacncttcucttcacKscucKscttcacac AGENTS: STORE CROHN MAAIf CO PTE
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      410 16 ©EVERGREEN LINE r FAR J AST fUROPE f XPRESS fUll CONTAINER Sf RVICI 1 ACCEPTMG CARGO FOR; HAMBURG, FELKSTOWE. ROTTERDAM ANTWERP, IE HAVRE. ALSO ACCEPTMG CARGO FOR: SOUWWFTON, LONDON, MANCHESTER, BRISTOL. LIVERPOOL. GLASGOW. LEEDS. NEST GERMANY BKWttttVEN HOLLAND mmm Um+mm ST MNw MW mET (~Mf» 12 my tkm <Am 4Am
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      473 16 l:\vivtt Lines j tM Fht t«> tkipfiai Cwpk UOL"BURMESE NATIONAL LINE' 10*00® FOR RANGOON rtm* PJMmi Hm MMN vTibf nn ik T HTANIAWTM wnmj MM" 14/11 AMj B F SS C Agants m AAoioyvo TEPS MALAYSIA f y <: "ARBE LOADBK FOR letmeedw*S.A.C.tF. INE NATIONAL LINE" mm. ufcrmi Hons ames
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      Page 16 Advertisements Column 5
      252 16 SHIPPING TIMES, Tmtmiij, April tt, lM T EkO.S.E. OCEAN SHIPPING ENTERPRISES PTI ITD SANKYO LIN AUSTRALIA SERVICE E__ '*£1 SR Sgvw xs stag BANGLADESH SERVICE M/ 14 n* run—,tm JAPAN/STRAITS SERVICE HUM m. CM. H7V4 iSSS"" 81 K KARLANDER LIfME AUSTRALIA V74b SUA/ l/W/ON L//VC u 1 U ITZ* I
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      711 17 r PiL GROUP EAST AFRICA REDSEA SERVICE COLOMBO/KARACHI P. GULF SERVICE Cotaaike. Karacta. Muecat ROTA MUX 5/11 May SING APORE/CHITTAGONii/RANGOON/SERVICES SIN GAPQRE/BANGK OK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES Ah > T iLI S f A Container Feeder Servce SIN JKT SIN HKG MAN ACCEPTABLE LCL FCL CONIAINtRS T -rr-rw"."' '1. 22/S3
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      496 17 In,J BEN LINE I CONTAINERS i uhui conw unci to/fbom bmk ITWK IKMDI DM HUM SOW iQfIMW Sptrt P. Um W.B»iiW)/ MnMm HmMU •ST* a/4 \n nn nn nn nn ivs •mmrnm in nn nn nn vn nn MMmM IVS Jl/S 2/1 2/1 VI 7/1 ■MM* 12/5 VI 7/9 VI
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      366 17 5 ScanDutchV i t-* iv». n/i w> WI WI WI m wi tm lift IVI 17/1 tn W7 ■n n* «m vawa m at at ai im M a/i iv* nm a* mm la V» 7/1 VI VI M Iff WI WI n d Wi. u A Li* I*l* M
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      277 17 v>\T BOUSTEAD SHIPPING AG t TsJCIE FHf BANK UNI LTD LOADS FOR E. ft S. AHHCA Tfrri m sr*T tor Port Eta. mtC Im) LVKES ORIENT L IMF IN MMHI NIGERIAN SHIPPING LINE NNSL FAR EAST/WEST AFRICA MVBt MVER GUMA KPAM *9 2 July lay 5 July lay 9 July
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      514 18 K line KAWASAKI KISEN -KAISHA. LTD. EXPtESS CONTAINER i a mm i i/s u/s fßMcaar n Mb In m M/ 4 1/5 14/5 11/9 Ma Cmm Dm mcgkNilK OMSM. HW. >11 lipll. I PROM EUROFE TO FAR EAST I*w P. Mmi| S'pere H. lM| OuU Tekjo i. mem 9 inn
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      403 18 CALMMA/PACffK mm WIST SEIflCt EXPRESS CONTARER/REEFER SCRVICi •Ml M. 101NMUS. SM NUMCBCO. JEATTU. TRCOMA. MMONO, IX. Acc*M| fO/FCL CaMMn P. MM| SMMMt L tapki im UN* 1»M» M tm m M tm Uln U tm KW ZEALAND SUVICi iateMHtrnmaiaMiMu JAPAN SERVICE nOI CN.COTTA TO NK. QMM.' -tmmr stw *az. art
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      321 18 (irmip SINGAPORE SHIPPING AGENCIES PTE LTD ;iUH fAN H I D V». S'Nfj A''OMt 1 VAPMT N li NIV GfNt A A I ,U UNtSi Mi f MS .4' U'i SSf 8A R AM'.hiP AH i I AMGOSM»*> r» I'cilitHi.il Container l,iiws WUKtV CONTAIN* BSE RVICE to/ Ifoni BANGKOK STCK(IM)
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      396 18 Bqranard lime INDEPENDENT- ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ALSO ACCETTINO CONTAINER CARGO ~KL ONLY FOR: PORT SAID. ALEXANDRIA, tEIRUT, LATTAKIA, UMASSOL ISTANBUL A PIRAEUS Specialty engaged agents stevedores providing immediate discharge H* WW TAT V 31£. H.V. MM SM VJS. STRAITS/EAST ASM SERVICE t"" i a at* i Ml ONNEO
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      368 18 INTRASEA (PTE) LTD f <tr)f" House 2 34E Orchard Road Singapore 9 Telephone *****1' ***** t REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE .JU m 3 uM/mm LA ROCMELLE VJ) ffldfl LORE/COTONOR/IKNALA/LMRVtIi/ ii i.m.ii LiJy to W/l Cm* KM. Pmbm/Cmmm Mi Eat U/» USmmA .lfeWW ■808 toMMN« Ski lte Jtoa
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      427 19 NOL NEPTUNE ORIENT UNES LTD FAR AST HiHOPt KJIIV CON! AINFRISI D SERVICE TO EUMPE/UK (VIA SUEZ): IJKGCMR 23/4 M CORTAMER+ 26/4 O.Cm 2/5 SJ.MMI 8/5 H COtAL 16/5 C. CONTAMBt 20/5 K.MCON fc/5 Containers Feedered to/from F*stowe Alio accaptng cargo to/from Scandinavia FROM EUMFE (VIA SUEZ): HK CONTWNER S
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      29 20 If you're a freight forwarder or in anyway connected with the shipping and cargo business, Shipping Times has just the space for you. You'll be reaching a very select
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  • Page 20 Miscellaneous
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      163 20 Regional Weather tM is &>w'M wmm im mz+m *ty* .v.v.v WF \*i I--:::! xx!:,, X;: \Xx J*oS> *f etl i MW&i ■m x -,x x x ri3«wP?2 JnS"®?. jaa&Sb 44 si? -c V "V R ■a sis u vKS& x •x, i* m m ®s m m Vx x;: •XX
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