The Business Times, 29 April 1980

Microfilm: NL10553
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.CXP) No. 111/1/81 TUESDAY, APRIL ts, IW9 SOCENTS
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  • BRIEFLY...
    • Article
      Lock icon Priority topics
      71 1 AFP TOKYO, Mon. Inflation and the North-South problem will be the main topics to be discussed at a summit conference of seven Western industrial democracies scheduled for June in Venice, Japanese Prime Minister Masayoshi Ohira said today. In his talks with his predecessors Mr Takeo Mild and Mr
      AFP  -  71 words
    • Article
      Air talks
      66 1 SINGAPORE and the Pacific island of Nauru began air talks here yesterday. Air Nauru hopes to get air rights into Singapore through intermediate points and Singapore's Department of Civil Aviation also hopes to receive reciprocal landing rights on the Pacific island. The deputy director of the OCA, Mr
      66 words
    • Article
      Lock icon Bombs in Teheran
      70 1 AP TEHERAN, Mon. Four bomb explosions shook central Teheran, killing at least three people »nH injuring many more.A spokesman for the Revolutionary Guards said no motives for the bombings had been determined. One bomb occurred at a movie theater in downtown Teheran and another was under a
      AP  -  70 words
    • Article
      Lock icon EEC to seek support
      64 1 Reuter LUXEMBOURG, Mon. European Common Market leaders have decided to seek support from Islamic and non-aligned countries in a renewed call for the withdrawal of Soviet forces from Afghanistan, informed sources said today. A draft communique, to be issued at the end of a EEC summit
      Reuter  -  64 words
    • Article
      Lock icon PLR down
      67 1 AP NEW YORK, Moil Morgan Guaranty Trust Co, the fifth-largest IKS commercial bank, cut its prime lending rate by a full percentage point to 18.5 per cent amid reports that business credit demand Is weakening. Morgan's move was attributed by a bank spo&sftsan to "our perception of a
      AP  -  67 words
    • Article
      Lock icon Investigation on the US
      53 1 AP K-UWaIT, Mot Iran has decided to call for an tavtte representatives Economic Community and Japan, liberation inovements, *»de mmm ud political parties to Iran to discuss and Investigate "the United States aggression against Iran," Teheran Radio reported. The dsdskn was annooaccd in a statement jwmdjjfr
      AP  -  53 words
    • Article
      Lock icon Dow Jones
      54 1 AP NEW YORK, Hon. Stock prices advanced amid signs that hilmut rates continue to hack off from recent record highs. The Dow Jones average of 30 industrial stocks rose 3.06 to W.tt in the first half hour. Among all stocks traded on the New York Stock Exchange gaining
      AP  -  54 words
  • Article
    Chief Price Changes
    122 1 S TP 1975 K L MwtriM TIm* M UOI riS C rp Nat Ira* Tm Cbsag City D*t Sytrt Laid C C iPTmtt* OC1C 066 314 SB 5 sao 566 530 215 tsn Itt 4-tt 23 +ao 18 10 10 10 +8 +s B.T. Indicator: Industrials: Finance:
    122 words
  • Article, Illustration
    KUALA LUMPUR
    150 1 Rises Indices w Rahman Hy iSeSr* SheO ian m 9B •s 482 428 +2B +14 +a a :s +11 1 B.T. Index: i Industrials: i Finance: Hotels: i Properties: Tin.: rubbers: Apr 25 Apr 28 7155.54 7327.20 544.48 547.52 738.28 741.43 330.83 331.02 3tt.«4 363.37 277.20 277.25 987.09
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  • Article
    ANI decides to run down fleet
    808 1  -  MANAGING DIRECTOR TO RESIGN By GOH ENG KEE, Shipping Correspondent ASIATIC Navigation International (ANI), once the largest tag and barge operator in Singapore, is likely soon to be dismantling its operations in ordsr to meet its financial obligations. Industry sources say ANI chairman Kuah
    808 words
  • Article
    Petrochem plant progress uncertain
    158 1 THE progress of Singapetrochemfenl project remains uncertain, says Dr Robert Sflta who directs consulting services for Bank of America Asia. His views mire presented at the n—m and the Third World rartmnu which began in Vienna yesterday. The Hongkong-based 'banker says that with tnleiest rates nenring
    158 words
  • Article
    R&D team studies science parks
    383 1  -  ■f RONNIE LIM A HIGH-LEVEL team oI officiate ta mv ob > lour to «tody "■iwei parks" In Europe, the U8 and Ada, sources «Id yesterday. The "exploratory" mitotan alms to find ant honr other countries irniiilnp and operate Rtaearch and Development (R and D)
    383 words
  • Article
    Fear of protectionism
    268 1 A PROPOSAL for tariff barriers on consumer electronic goods entering the EEC has strengthened the Singapore electronics industry's fear of iumastd protectionism from that market. The call was made recently by the British Radio Equipment Manufacturer's Association (Brema) to the UK Trade and Industry Select Committee. Mr
    268 words
  • Article
    Provisional MRT Authority to start operations in June
    79 1 THE Pinyml MM MBT*llystea/la'siag* pare, will tafia ipw llwktat. IhfSET,pfcaeeMßT ■MkMM far U "eirief grgTi SSyrS JnTttTbMN «Tttw IsWfr li Mf to to Mr Of imjTEbMng, seialiTsaaa m PrtX the MMt I» fee fwtttel MBT Asthwtty Aet tat,' Uc US MML fcS
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  • Article
    Three-month wait at Registry of Companies
    422 1  -  By MARGARET THOMAS FOREIGN participation In a propoaed company can delay its incorporation by as much as three months. Consequently, lawyers and accountants are finding themselves In the embarrassing position of being unable to give their foreign clients a firm idea of when their
    422 words
  • Page 1 Advertisements
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  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      428 2 SEMINARS AND COURSES April 28-29: Shipping Liability and Insurance, Shangri-La Hotel, Institute (or International Research April 29: Managing with Computers, Mandarin Hotel, Singapore Institute of Management April 28-30: Project Planning and Evaluation, Hyatt Hotel, SGV-Goh Tan April 28-30: Computer Controls, Hyatt Hotel, Price Waterhouse May 5-6: Marketing Strategy
      428 words
    • Article
      HK-Japanese venture in circuit boards
      451 2  -  By FONG MEW LENG WONG'S CIRCUIT, one of the largest electronic component manufacturers in Hongkong, has entered into a Joint venture to manufacture printed circuit boards in Singapore. The Joint venture, with an initial investment of $4 million, is a collaboration between Wong's Circuit and
      451 words
    • Article
      TAX PROGRAMME
      145 2 THE Inland Revenue Department (IRD) will be cooducting a full lime course entitled The Tax Programme from Nov 10 to 29 this year. The coune will be held at the department's seminar room at Fullertoo Building and the fee will be 1700 per participant. The objective of the
      145 words
    • Article
      South Africa looks to the Far East
      216 2 SOUTH Africa, is looking towards Singapore as the gateway to Asia, said a senior economist of the Standard Bank Investment Corporation Ltd of South Africa. Mr Nico Czypionka who visited the Republic recently on a week-long fact finding tour said South Africa's traditional
      216 words
    • Article, Illustration
      AIA PURCHASES COMPUTER
      95 2 AMERICAN International Assurance has purchased an IBM 4331 computer. The agreement for the purchase was «tgnarf by Mr Paul Johnson, regional vice-president of AIA and Mr John Tessier, managing director of IBM Singapore. The computer will be used to handle insurance policy records, calculate premiums, policy cash
      95 words
    • Article
      Challenge facing the furniture industry
      407 2 EMPLOYERS in the local furniture manufacturing industry need to be educated to improve their understanding of modern management or their employees will never get the opportunity to be trained. This prerequisite for the training of workers in the industry was noted by the president of
      407 words
    • Article
      Making control of fixed assets easier
      237 2 COMPUTER Processing Services (Singapore) has been appointed by RTZ Computer Services of Bristol, UK to market a fixed assets control system called FASCIA. The package, written in Cobol, is priced at $52,000 and can be run on a wide range of computers including IBM,
      237 words
    • Article, Illustration
      Sperry introduces the System 80
      158 2 A NEW, general purpose computer system has been introduced by Sperry Univac, a division of the Sperry Corporation. The new system, known as the Sperry Univac System 80, combines capacity and functions generally associated with larger mainframes with low system cost and easy-to-use features. The
      158 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      236 2 J A 'i T f !\n il:i'n IzgK. Jit* .-iMKVi/V:' <«sa £S My n 8 .z' 1 ,v r < ■x.■.'"' /";<?• x vV&'_ .wMwi/HUMMHirauißiu every dlOMud accompanied by an ii ilm i atinwaßu -Xxl which carefully details each characterirtic erf the stone. And you are encouraged to make fußuie
      236 words
    • Advertisement
      Page 2 Advertisements Column 2
      47 2 1 Attention! MINERAL USERS AND IMPORTERS Opportunity to obtain reliable supply of following Minerals at low cost: QUARTZ FELDSPAR RED OXIDE TALC (STEATITE) WOLLASTONITE ROUGH GRANITE BLOCKS Write to: The Export Sales Manager EAST WEST TRADING COMPANY 11SA Chittranjan Avenue Calcutta *****3. India. Phene: *****3 Telex: 021-2235
      47 words
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  • REGIONAL
    • Article
      Lock icon Direct trade links for Seoul, Yugoslavia
      706 3 AP INDIRECT trade between South Korea and the socialist and communist world has topped half a billion US dollars, trade experts said. But the country's quiet campaign to establish direct trade links with socialist and communist countries has scored only one success Yugoslavia. Pal
      AP  -  706 words
    • Article
      Lock icon What foreigners found out at Guangzhou fair
      584 3 Reuter FOREIGN businessmen at the Guangzhou (Canton) Trade Fair hav® been amazed to find the different Chinese provinces cutting prices and competing with each other for business. Traders at the month-long fair, where a large slice of China's foreign commerce is still conducted,
      Reuter  -  584 words
    • Article
      Lock icon INDIA MAY BUY SUBS FROM SWEDEN AND BONN
      210 3 AFP INDIA is likely to finalise soon a deal to buy an unspecified number of submarines from Sweden and West Germany and not from France of Britain, as was expected earlier, the proMoscow English daily Patriot reported yesterday. A high level team
      AFP  -  210 words
    • Article
      Lock icon PNA tells Zia to hand over power, or else...
      284 3 Reuter LEADERS of Pakistan's banned National Alliance (PNA) Party has wariied General Zia Ul-Haq that if he does not hand over power to a civilian government soon unrest throughout the country could get out of control. Speaking to thousands of PNA
      Reuter  -  284 words
    • THE REGION IN BRIEF
      • Article
        Lock icon NATIONAL CONGRESS
        474 3 Agencies THE Chinese Communist Party is to convene its 12th national congress soon, according to a dispatch from the Chinese capital by the New China News Agency (NCNA). Two important national conferences, one on model workers and the other on model peasants, which had been originally scheduled to
        Agencies  -  474 words
    • Article
      Lock icon Political dissidents appeal against prison sentences
      229 3 Reuter SEVENTEEN South Korean political dissidents, including former president Yun Po-Sun, have appealed to the country's Supreme Court against prison sentences of between 10 months to three years in Jail passed in connection with an anti-govern-ment public rally, court officials said. The 82-year-old ex-presi-dent
      Reuter  -  229 words
    • Article
      Lock icon Russia may put its foot into Iran, says China
      649 3 AFP UPI CHINA has warned that the Soviet Union is poised to intervene military in Iran if the US takes further military action following its abortive operation to rescue hostages in Teheran. A Xinhua news agency commentary yesterday said Moscow could
      AFP; UPI  -  649 words
    • Article
      Lock icon NIOC threatens to cancel Tokyo deals
      170 3 AFP THE NATIONAL IraMaa Oil CeMpeay (NIOC) kM waned UhU H wffl eueel «U cMtneto wltt lipiawf eataee they MMft the m «U price UBsB barrel wttUa a week, a Tekye rneialt peadert lepeaeee efl refleSTU!*^ The etih raa lraalaa eU eeauaay leU Ideadlea
      AFP  -  170 words
    • Article
      Lock icon Chinese pledge to maintain price of tin
      272 3 Reuter CHINA, which may become a net importer of tin ia the future, has assured Malaysia and other producer countries of its continued cooperation in efforts to maintain* stable and equitable prices for tin, Malaysian Primary Industries Minister Paul Leong said. Datuk Leong,
      Reuter  -  272 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      6 3 E/ofic Food (mat VSv\\iVvv>n l«l u.nn">
      6 words
    • Advertisement
      Page 3 Advertisements Column 2
      136 3 mw•3 .V' M *>fir '7 F* V r <• I Diethelm off tee chairs Elegant. Impressive. Functional and Comfortable. True to Swiss tradition. Every detail has been perfected to spell out quality. Sophisticated chairs, built to suit the individual's posture For easy height adjustment chairs come with finger-tip control, either
      136 words
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  • RAW MATERIALS
    • Article
      Lock icon Plans for coffee company
      253 4 Reuter EIGHT coffee-producing nations in Latin America on Sunday agreed to launch a company with a capital of US$5OO million aimed at stabilising prices, according to sources in their organisadta. The Bogota Latin American Coffee Producers' Organisation agreed to set up the international coffee company and
      Reuter  -  253 words
    • BRIEFLY
      • Article
        Sugar supply
        241 4 WORLD sugar prices are likely to increase considerably throughout this year and in IXI because of short supply, a major sugar statistics organisation aid. F O Licht said in its latest assessment of sugar supply and demand that it estimated a surplus of only 710,000 tonnes in 1900.
        241 words
    • Article
      RUBBER
      279 4 THE SINGAPORE market closed lower yesterday with May One RSS buyers quoted at 310.00 cents per Idlo, down seven cents from Isst Friday's close, dealers said. Morning prices were marked down about six cents on stale bull selling and lack of support, they S&ide Afternoon values fell further on
      279 words
    • Article
      RAS PRICES
      305 4 R.A.S. prices In cents per kilo yesterday: Buyer Int. 1 R.S.S. prompt f.o.b. ***** Int. 1 R.S.S. May 512.00 Int. 1 R.S.S. June 119.08 Int. 2 R.S.S. 2M.M UK/Cant 298.00 IK. 3 R.S.S. moo UK/Con t 2*00 Int. 4 R.S.S. 290.00 UK/Cont 200.00 Int. 5 R.S.S. *5.00 UK/Coat
      305 words
    • Article
      SSR and SMR
      98 4 NOON SSI iMdSMRpftaml oxter May (Can oat ■ay or* i moo moo May 375.00 366.00 319.80 UNO 294 50 291 50 2MJ0 *A£ Mtk) Jmm (ParwaM ■aym 1 ***** moo tat 377.00 367.00 331 JO UNO 3MJ0 293 50 288.50 Mtk) SSRM SSR 50 MRZLB SMR CV
      98 words
    • Article
      Straits Tin
      45 4 THE Strati» tka price SErS^ M Til Agra—wrt ran In lIIHIM t> NjC« ĕmmmt AMI, Emae, He US «MlNilly, tfgtt Mirvy Hi nppiy la Ltaiaa. Meet tpcffttcfi were the Meßm M •f L«ii«i'a «poring. XirnvcF IMBM t§ ••me £iSnitt«4 rtwrtni per eeit m>
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    • Article
      CLOSING PRICES
      39 4 Rubber April 28 Singapore: May: 310.00 cents (down 7JOO cents) Malaysia: May: 317.50 cents (down &50 cents) Tine Ms 23*& (op MI) (equivalent to $39.10 per kilo) (np 34 eenta) Official offering: 173 tonnes (np 3 tonnes)
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    • Article
      RICE
      329 4 9NGAPOBE: Yesterday's closing prices in S| per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.06, 100 per cent second class 0.90, 100 per cent third class 0.88, 25 per cent kw crop 0.00, B-10 per cent 0.08. THAI BROKEN: A-super 0.63, Spwtal no stock.
      329 words
    • Article
      TEXTILES
      184 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (la HK dollars, spot ex-go-don) OaMaa yarn: China Blue Phoenix 20b 2,240 3k 2.720, «S 2.M5 (per bale of «0 lbo). Ptoee gosds: China Butterfly and Globe brand oaq; Dragon Head unq; Five Lands naq; How aad Butterfly
      184 words
    • Article
      Produce exchange
      107 4 CHINESE Predaee Exchange, angnpare, neen etosteg prices psr pfceel yesterday: Cecsnat Bulk sellers, old drum 995 sellers, new drum $99 sellers. Cepra: Mixed (looee) UK/ Cont 162.00 buyers. Pepper: Muntok ASTA white fob 100% NLW $306.00 sellers, Sarawak white fob 96% NLW $290.00 sellers, Sarawak special black fob
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    • Article
      LONDON MARKETS
      868 4 COFFEE: Robusta futures closed a quiet morning's trading steady with losses from Friday of £12 to £3 per tonne In sales of 804 lots including eight options. July held the opening trading range to end the morning session still £12 lower at £1,654. Sep, however, reduced an earlier
      868 words
    • Article
      OIL FUTURES
      38 4 THE LONDON Commodity Exchange (LCE), will continue to establish an oil products futures market as a result of a meeting with 130 representatives of the oil and petrochemicals trade in London, LCE chairman DttVid Harcourt said.
      38 words
    • Article
      PALM OIL
      66 4 THE MARKET in Kuala Lumpur yesterday ruled lower on persistent selling in fairly active trading, said. In the north and southern region, May was traded Mslo lower at 9970 and $960 per tonne respectively, while the central region eased $7.50 to $060. In June, the central region lost
      66 words
  • ASIAN STOCKS
    • Article
      Lock icon Nervous trend
      680 4 TOKYO' Source: DBS-Daiwa THE MARKET started out (Inn yesterday but investors seem to have stayed out of the market because today is a public holiday in Tokyo. Also, the uncertainty over the US-Iran problem made investors nervous. Defence-related issues including large-capitalisation stocks were bought, although they were lightly
      Source: DBS-Daiwa  -  680 words
    • Article
      Lock icon Hongkong
      323 4 Source: San Hang Kai Bee WITH the last half-hour last Friday seeing heavy selling following news of the abortive American attempt to free the hostages in Iran, the market advanced 8.96 points slowly yesterday. Property shares led the way again with Cheung Kong and SHK Properties prominent. The market
      Source: San Hang Kai Bee  -  323 words
    • Article
      Manila
      121 4 STOCKS closed mixed yesterday with turnover dipping slightly to 2.9 million pesos from Friday's three million, dealers said. Ai'R a* Pesos Arojr Mining 0072 0 0002 Alia* Con A Atlas Con B. 35 50 05 Baguio Gold 0064 -0 0002 Benguel Con. B 68 50 1 BK Goodrich 1500
      121 words
    • Article
      Sydney
      414 4 STOCK prices rose yesterday, spurred by heavy overseas buying in the oQ and base metal sectors, dealers said. Central Australian oil stocks continued to lead the market, led by Santos with a 40-cent Jump to A 18.60 and Vamgas which firmed 30 cents to a year's high of 3150.
      414 words
    • Article
      Bangkok
      225 4 STOCK prices closed mixed yesterday in quiet trading, dealers said. APR Bahu Axu Credit AMU ram Ayuthaya In* And Trust 135 1 Bangkok Investment Bangkok Bank Bangkok Drying And Silo I 280 -2 Bangkok Insurance Bangkok Metropolitan Ban 382 unch Bangkok Njrlon Bank Of Asia Bank Of Ayudhayu Ltd
      225 words
    • Article
      Selected indices
      30 4 H.K.HANO SENG Monday elo— d Friday 864.1» Week Ago cloud SYDNEY INDUSTRIALS Monday 601.10 Friday do—d Week Ato ***** ALL ORDINARIES Monday 166.16 Friday cloaid Week Ago 776.tl
      30 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      150 4 The Hyatt Kuantan. logether,ttie perfe The East Coast quiet beaches and lagoons; picturesque Tasek Chini; the Panching Caves; giant turtles; fishing villages; seasonal festivities; moonlit nights; swaying palms and a brilliant sunrise every morning. The Hyatt Kuantan an international deluxe hotel, on the sheltered bay of Telok Chempedak; full recreational
      150 words
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  • OVERSEAS
    • Article
      Lock icon Khomeiny wants world bodies to visit Teheran
      271 5 Reuter ATATOLLAH Ruhollah Khomeiny wants international human rights organisations to come to ban to see the results of last Friday's abortive mission to rescue the American hostages. In a message to President Abolhassan Bani-Sadr, Iran's revolutionary leader said they would see "what the
      Reuter  -  271 words
    • Article
      Lock icon EEC will proceed with sanctions against Iran
      237 5 AP LEADERS of the European Economic Community yesterday stood by their decision to impose economic sanctions against Iran, braking aside private displeasure over last week's US bungled attempt t& free the 90 hostages in Teheran. The pledge to impose an export ban against
      AP  -  237 words
    • Article
      Lock icon Iran to create climate for peaceful solution
      297 5 AFP IRANIAN Foreign Minister Sadegh Ghotbzadeh said day that in the wake of the failed US rescue raid, Iran's leaders would try to create a climate in which the hostage problem could be solved peacefully. Striking a moderate tone in an interview with
      AFP  -  297 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      729 5 ARRIVALS Service Local Operator Nuiber Time From FT 171 0710 JFK/ORD/TPE SIA/BA SQ/BA17 0715 LHR/BAH MAS MH621 0835 PEN MAS MH607 0630 KUL SLA SQ101 0815 KUL MAS MH671 0930 PEN/KUL SIA SQZU 1000 HLP CAL CB14 1000 HLP RBA BI427 0930 BWN CPA CX710 1005 HLP
      729 words
    • Article
      Lock icon Euro-communists divided over Afghan issue
      493 5 AP EUROPE'S communist parties gathered in Paris yesterday for a two-day conference that unwittingly underscores the divisions in the communist world over Afghanistan. The Yugoslav and Romanian communist parties have turned down invitations to attend the conference, and so have the Italians the largest communist
      AP  -  493 words
    • Article
      Lock icon Saarland goes to the polls
      422 5 UPI RESIDENTS of the tiny state of Saarland have voted in state elections dominated by rising unemployment in West Germany's massive steel industry. Voters in the Saar, where redundancies in the steel industry have resulted in the highest Jobless rate of any state in West
      UPI  -  422 words
    • Article
      Lock icon M-19 guerillas vow they will return home to Colombia
      638 5 AP LEFT-WING guferillas who kidnapped and held 16 diplomats for 60 days before flying to Cuba have vowed to return to Colombia, although their next destination is still undecided. Comandante Uno, chief of a 16-member squad that left the Dominican Republic's
      AP  -  638 words
    • Article
      Lock icon US likely to need 400 reactors by the year 2000
      386 5 UPI ABOUT 400 nuclear reactors almost «It tiroes as many as are in operation today may be required to meet America's energy needs by the year 2000, a top Energy Department official told Congress. That nuclear expansion scenario, provided to
      UPI  -  386 words
    • WORLD IN BRIEF
      • Article
        Lock icon WITHDRAWAL FROM CHAD
        369 5 Agencies FRANCE is to start with-drawing-its forces based in the central African state of Chad, now in its fifth week of a Utter civil war. A statement from the Presidential Palace said that "since French military forces in Chad have completed their protective mission, the French government
        Agencies  -  369 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      225 5 Q,: What goes to and from Bangkok, is big, black and has a funnel on top A: Presidential service American President Lines service. Now to and from Bangkok. The newest porto'call to their already extensive South Asia service. Along with this new service are significant benefits to shippers both Eastbound
      225 words
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  • Article
    Time to cut the Gordian knot
    367 6 THAT lawyers and accountants "dare not risk their rice bowls" to right what they feel are grievous wrongs at the Registry of Companies must raise in our minds some doubts about the qualities of rectitude and integrity which professionals are supposed to possess in
    367 words
  • Article
    Clarity needed on dollar policy
    314 6 M. V IT HAS been made abundantly clear by the Minister (or Finance that the interna tionalisation of the Singapore dollar is not something t the authorities are prepared to encourage or even permit. It was further indicated in the Budget debate that use of
    314 words
  • Article, Illustration
    Lock icon His admirable achievements
    930 6 CYRUS VANCE RESIGNATION Reuter AT A TIME when be needs all the help he can get, President Carter has lost one of the most respected world statesmen of the past two decades with the resignation of Secretary of State Cyrus Vance. His appointment in January 1977 was
    Reuter  -  930 words
  • Article, Illustration
    Lock icon Tipped to be next Secretary of State
    234 6 AP WARREN Christopher 1 (above), considered a top prospect to succeed his chief as US Secretary of state, has a background at least superficially to that of Cyrus Vance. Both are lawyers, Democrats and experienced in government outside the State Department. A former
    AP  -  234 words
  • Article
    Defects of Commerical Property Rules, 1979
    426 6 Letter to the Editor Dear Sir, I refer to the letter by "Conveyancing Solicitor" (BT April 22, 1960). Section 106(4) of the Land Titles Act, Cap. 276 clearly provides that before the end of the five-year life of a caveat, a caveator may lodge
    426 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      166 6 hf T THE SECOND RING OF POWER g Carlos Castaneda's journey into the wot Id of sorcery hdi captivated millions. In this new hook, he introduces riona Soledad, whose mission is to test Castaneda by j series of territying tricks. Thus, Castaneda is initiated into experiences so intense, so profoundly
      166 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      31 6 WGWT, LPOS PiftPORT, DOCKS, STfcttoH, HOfC**tKH fcftatfCM V4CPOS 08. TPMLS p > TOSSiKG OP TO s €x U)mo Goes > NO.. .TTOSSING* OP To SGe WO C?eTS POLG. PbSiTOM lot* THe. STp\(2TTr4G? G»C>D..
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      1251 6 mm FBI makes a comeback TONIGHT, the FX haata u Evan family wkaae Im th hired killer alek- ui www aafaM la a' rrl n Capid, for Ike mar- CUeaga gketto. wnM x der at a put Jary altwaa. Blrem ZlabaJtat Jr atera la F *l Uw tM j r
      1,251 words
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  • Article, Illustration
    Lock icon The potential competitor?
    675 7  -  By SUSAN CAMERON THE MOST exciting market in the world today for the major pharmaceutical producers of the West is almost certainly Japan. Japan is the second biggest drug market after the US. Pharmaceutical sales in Japan last year are estimated to have been worth around US$B.B
    Source: ICI  -  675 words
  • Article
    Lock icon LESS NEW PRODUCTS
    1350 7  -  Pharmaceutical industry suffers high marketing cost Apart from rapiding rising cost of research and development, one principal barrier to innovation in drugs is the public perception of risk. DAVID FISHLOCK reports on a host of reasons responsible for the difficulty of marketing new pharmaceutical products and, consequently,
    FT  -  1,350 words
  • Article
    Lock icon Timing of US rescue bid
    832 7  -  FORUM with TOM WICKER NYT LIKE so many other details of the ill-fated attempt to rescue the American hostages from Iran, the timing of it remains unexplained. Why now? The Allies, in particular, must be puzzled and not a little nettled, whatever their public stance.
    NYT  -  832 words
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      Page 7 Advertisements Column 1
      0 7 %(~\/;>>:!>$^].]?.&<-~)+:;;_;/'
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      Page 7 Advertisements Column 2
      345 7 What is thrilling the great chefc ofEurope? Michel Theurel Andre Auger Cuisine Libre! First time in Singapore at the Hilton FESTIVAL GASTIOCMIQUE Fri. April 25~Sun.May 1L To celebrate SPRINGTIME IN R\RIS Cuisine Libre... the greatest achievement to which a chef can aspire! An entirely new cooking code which means "free
      345 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Shell UK stages a strong recovery
      978 8 PRE-TAX PROFIT OF £470 MILLION FOR 1979 Reuter SHELL UK, wholly-owned by Royal Dutch/Shell Group, announced 1979 pretax profit of £171.6 million against a km of £21.5 million in 1978 and cumulative lorn* of almost £50 million in the three years from 1976 to
      Reuter  -  978 words
    • Article
      Costlier BP crude
      22 8 HUTCH Pufrslsnn has raised Us North Htm. r^gim Nlgerty increase far itsriiar erade. (a Ihe Ml-Hj fsr several w•XpmSSm'SIS
      22 words
    • Article
      Output' cut at Ford
      65 8 FORD MOTOR will cut production at eight plaids this week, idling 17,150 workers. Storting yesterday, carmaking operations were to be suspended at the Atlanta, Louisville, St. Louis, Chicago and Lorain, Ohio, plants for two weeks. Light truck production at the Michigan truck plant in Wayne will
      65 words
    • Article
      MOBIL
      46 8 THE US Council on Wage and Price Stability said MobO Corp had agreed to forego price Inrnasia totalling US$3O million between now and Sep 30. The White House and Mobil thus ended their dispute over the Administration's sllrgstinn that Mobil had violated voluntary price guidelines
      46 words
    • Article
      Lock icon FIRST QUARTER PROFIT
      155 8 Reuter STANDARD Oil Co (Ohio) expect» second quarter earnings to increase substantially over 1979's remits. In the first quarter of 1980 the company earned U553.67 a share compered with 1979's *1.39 GULF Oil Corp said all at its earnings improvement in the first quarter occurred in North
      Reuter  -  155 words
    • Article
      Lock icon Setback at Dunlop Holdings
      294 8 Reuter DUNLOP Holdings Ltd reported that pre-tax profit for 1979 Cell to £29 mffliiw (£46 million). The figure is after depreciation of £42 minw. (£4l million) and charges of £47 million (£34 million), but tiwimMng rn million (£l4 million) from associated companies. Sales roae marginally to
      Reuter  -  294 words
    • Article
      Lock icon Earnings at Union Carbide soar sharply
      148 8 Reuter. UNION Carbide Corporation has announced that tts operating income for the first quarter of 1980 jumped 78 per cent, on a sales gain of nearly 19 per cent. Union Carbide, a diversified maker of chemicals, plastics, metals, and carbon products among other items,
      Reuter.  -  148 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      133 8 Where to wine, dine and entertain "•ft doutta occupancy $29 natt additional parton WparcfWd undar 12 tacco*npan«ad by plants* m yrm* wrnyn 3 paraona par cham) 50% «mk on paar faa« at Santoaa Gort Out) FracuMot swtfnmtng pool sauna F#aa tarry ft inland bus sannca* Chargaa mc*ua«ao« SarvicaCft Oowt Caas
      133 words
    • Advertisement
      Page 8 Advertisements Column 2
      147 8 For lunch. For dinner. For a richly rewarding experience. Bus.ru-wivnM ';ru ii Morion tof nda\ >l s I<H'. i h.mjf 4V, ivss Saturday Sunday i l f> ll) i, n'lVX'f i tliirilt' W, u'ss v ,11" nis call 7 h >77 A < s <«'lll I I l*\ I*l| k
      147 words
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      Page 8 Advertisements Column 3
      113 8 i 7 v* w. m /V. Hainanese Steamboat Take the tastiest morsels of squid, beef, chicken, prawn, pork, vegetables Steam them to perfection you 're the Chef Dip them into your favourite spicy sauce and Enjoy the most delicious feast of natural flavours there is —Hainanese Steamboat Every evening from(s
      113 words
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      Page 8 Advertisements Column 4
      181 8 Heard of Steamed Pomfret Roll? And that s o^i. 1 'f'*-' typically Cantonese favourites up at Hin's There are more Including a wide se'ection of our very own Flavours of Singapore Rediscover your taste Duds With great taste sensations I? you ve been around, there s only one place left
      181 words
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      Page 8 Advertisements Column 5
      86 8 S— Page 4 for Asian stocks JZ T) r> r> r>' ar rJcivz'CfL S«M» ll Ifl t! lu l.l\llll^ m x ft .5, <» Ronnie GTrio Robin's Tavern. The place to go, after work. To relax, and to enjoy yout favourite drink. In a cosy, soothing ft—fi atmosphere with cool,
      86 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Don't restrict private flow of funds
      600 9 Reuter AFP DEVELOPING countries, worried that one of their best loan sources may be threatened, have called on the industrial West to stop restricting the flow of money round the private banking system. At the meeting of the International Monetary Fund (IMF) last week,
      Reuter; AFP  -  600 words
    • Article
      Lock icon NO MORE LOANS FOR SIBERIAN PROJECT
      113 9 AFP JAPAN M MM to saspead irtiMlia «I Expert-Impart k»k leaaa ftr the start ef toe Third WmM raaad st a J»psi-S«vlot itllt development ef fHkrlia (•rest fwwcM, |«v--erameat mum said. aad Savlet agreemeat lad September to caattoaa toelr eeeperatlaa tar ike deveUpmeat at
      AFP  -  113 words
    • Article
      Lock icon Tokyo in swap deal with Bonn
      102 9 Reuter THE BANK of Japan Mjrf it has reached a basic agreement on a 2.5 billion mark swap arrangement with the Bundesbank, the West German central bank, to defend the yen. The central bank said the agreement was reached during parallel meetings in Hamburg
      Reuter  -  102 words
    • Article
      Lock icon Bill to permit seizure of Iranian deposits in US
      420 9 UPI, Reuter. REPRESENTATIVE Lea Aspin said over the weekend that he will introduce legislation authorising the government to seise US$lO million In Iranian money on deposit in American institutions for every day the hostages are held. According to a statement, the
      UPI,; Reuter.  -  420 words
    • Article
      Delays in kilobar gold trading
      401 9 ADMINISTRATIVE difficulties may delay slightly the introduction of the kilobar contract in gold trading, but the Gold Exchange of Singapore is trying to get it operational as soon as posri ble. Dr Gan Tjoen Hock, chairman of the Gold Exchange of Singapore, said at the
      401 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        430 9 THE UJS. dollar lost ground against most of the major currencies in the foreign exchange market yrslwilsy following US Secretary of State Cyrus Vance's resignation. From an opening of 1.8050/60 against the German mark, the US unit slipped in afternoon trading to close at L7MS/55. Against the yen,
        430 words
      • Article
        GOLD
        281 9 GOLD future* in Sbgapore yesterday dosed generally easier with last SGyVaoSg levels faf generally light trading, dealers aid. Opening qnotaUoM were marked down between US|B to HO an ounce but later firmed sane |5 following news of US Secretary of State Cyras Vance's resignation. Activity slowed down in the
        281 words
      • Article
        PLR
        22 9 THE average rate at which major Singapore banks are cnrf**Uy prepared ft load to their boat costoßors is 12.2 per cent.
        22 words
      • Article
        ASIAN $
        178 9 ASIAN ASIAN currency deposit Interbank rate* as at close on April 28: 7day» 15 7/16 15 5/10 1 month 16 V. 16H 2 month* IS 15/16 15 13/16 3 months 15* 15V. 6 months 15 3/16 IS 1/16 9 months 141/16 14 6/16 12 months 14M 14H SwJn. Dn /mujl
        178 words
      • Article
        Discount
        43 9 RANGE of prion otter* id by dlacount houses on April Overnight: 3 T-.V Call deposit*: T*t CW^ 3-month StlUmt Treasury bills 7*» ?'4 3 month Bank bills 117/16 US/16 3 months CO 11*. im 6 months CD UH Source: National Discount Co
        43 words
      • Article
        TOKYO
        208 9 THE U.S. dollar for overnight delivery closed sharply weaker yesterday at 243.20 yen, compared with a 246.00 opening and 245.90 at Friday's close, dealers said. Trading was moderate but nervous with volume at US$B62 million. After erratic early trading, the dollar plunged to a 10-week low of 243.20 under
        208 words
      • Article
        HONGKONG
        169 9 THE U.S, dollar recovered slightly yesterday against major currencies from the morning lows in steady twoway ofternoon trading supported by initial indications of higher Eurodollar deposit rates in early European trading, dealers said. The dollar earlier came under selling pressure following reports US Secretary of State Cyrus Vance resigned
        169 words
      • Article
        London
        366 9 CONTINUED unease over Iran and a further fall in Eurodollar deposit rates put the dollar under heavy pressure in hectic early trading yesterday, dealers said. The dollar slipped to just above the 1.80 mark level after an openirtg indication of 1.8065/65 marks, around a pfennig down on the London
        366 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      156 9 i 4? V J -'1 a We've the family flavour.. -v I V 2ft It's our big difference at Kelong Thomson Restaurant Food, glorious food, for the family! Sumptuous seafood fresh-caught from the kelong and barbecued, fried, steamed or baked, and served with taste-titillating sauces. Savoury home-style dishes. A la
      156 words
    • Advertisement
      Page 9 Advertisements Column 2
      22 9 Because the hanker was k k k off and running. •■-r %-Jf'■<&)&& I< <1 a«5?-« J# I i I X t V
      22 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1146 10 SB) and odor prices officially -Ji*ed «ad business In aad re*9VM to the Slock Exchaafe of WBfpBTB yesterday with the aum bar of shares traded jgmi hi brackets hi lots of •B «Bits, ualees otherwise Seelfled. yecmeo. '1 I SECTION ONE INDUSTBfAL
    1,146 words
  • Article
    Unit trusts
    144 10 m w;:! ii, ,.1777-:^^™,i M The Conmro (Canst pri ICOQK Rflftd Mm) 1.1S L21 The Savtags f "und ij» 1JI S'pore Prof f lad LM LIS S'pore Sec. ft ind 1JI Ml S'pore IoveM M 1.44 l.OT LSI mil nu mt S'pore Equity tad Lit <M*aa|**' prim tar
    144 words
  • Article
    SHARE INFORMATION SERVICE
    2589 10 41-f- 11 m u» Last Bale Gr*s Div Dtr C*tt Gr*s ru Net P/R Vol <•000) Day Hlfk Low JO r-t SECTION ONE -i INDUSTRIAL ft COMMERCIAL 6* 370 m 140 103 *M '80 SS 249 230 116 146 no 66 rn 336 167 m Acma Alcorn
    2,589 words
  • Article
    In Kuala Lumpur
    1370 10 BID aad offer pricM offlcUDy Dated aad baataa« la ud nported to tte KnaJi «p 1 Stock Exchaago y—Mrdaj «Mi tho lannhsr of shana tradsd showa la tiactoi la lots of 1,000 aalla, aalssß other AM (1MB) 41MB (IMB USB) cd MMBMS(LBB) A Ckn (MB MSI) 4MB
    1,370 words
  • Article
    COMPANY BRIEFS
    120 10 MALAYAN Credit has appointed Mem Ong Joo Theam, Low Slew Khoon and Teo Soo Kiang as alternate directors to Messrs Chua Boon Guan, Abdul Manaf Gbows and Da to Teo Soo Cheng respectively. Mr Teo Soo Chuan, Da to Teo Soo Cheng. Mfssri Teo Soo Huat and Teo
    120 words
  • Article, Illustration
    Share prices generally steadier
    399 10 gMT£Y, l!w«SS fc yJi e lssl Pi-May's Mlm was pertTtoMM ÜBet- reatratadag faster. A Inker yesterday bH he was sbsat th« market altheagh to 4ms ast expect aay dpOsßl ■pssr Ismbb■ With vshune at s lew fcrskers^sre Evatt hss iMssi Imsßsb Is tab a elsser Issk
    399 words
  • Article
    Traders stage rally in K. Lumpur
    570 10 TRADERS recovered from last Friday's shock over the abortive US rescue mission and staged a good rally at the Kuala Lumpur stock market yesterday. Prices opened on a steady note and advanced strongly in the first session. But the strong upturn drew out profit-takers
    570 words
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  • COMPANY NEWS
    • Article, Illustration
      Reorganised Ben & Co confident of future
      1183 11  - Reorganised Ben Co confident of future By CATHERINE ONG BEN A Co looks towards the future with more confidence now that it has salvaged itself from its persistent financial problems of the past tew years. The financial year just ended was significant for this food-based subsidiary of the giant Straits
      1,183 words
    • Article
      DIVIDENDS ANNOUNCED
      670 11 Carreat Paymeat Bs Data Books Cloee Date Payable Total for Total for the year Prayioaa year A Sat TalaaMia** Rah Hyd Aokaa Tla 13*<n) S*(n> 60*1 10*1 Apr 9 Apr 9 Apr 10 AorlO Apr 19 Apr 19 Apr 23 Apr 23 May 2 May 2 MayS May
      670 words
    • Article
      SCRIP ISSUE
      240 11 Coai pal y Particular* Bx Data Books Close Aji»omoto Sea View Bonus Issue of 1 for 5 Rights Issue of 110% convertible unsecured loan stock for every 2 ord. shares held Apr 22 Apr 22 May 3 Apr 28 Pan Malayan G Kent St Steaa (JOB Selprop OCBC
      240 words
    • Article
      U. Engineers (M) expects rise in profit
      408 11 UNITED Engineers (M) expecfc another healthy rise in earnings this year in view of the good market prospects for its engineering services. This was disclosed by chairman Tunku Tan Sri Mohamed in the company's latest annual report. The group had earlier reported a
      408 words
    • Article
      COMPANY MEETINGS
      192 11 MALAYAN Cemeat BM: AGM to be held at 1st Floor, Wisma Damansara, Jalan Semantan, Damansara Heights, Kuala Lumpur, at 11.30am today. Berjaatal Tin Dredgiag BM: EOGM to be held at 152 Jalan Ampang, Kuala Lumpur, at 10am tomorrow. Pan Malavaa tltliUi Ltd: EOGM to be held at 6th
      192 words
    • TAKING STOCK...
      • Article, Illustration
        Lock icon Issue should attract the small investor
        480 11 by HOCK LOCK SIEW THERE may be some market watchers who will disagree with the timing of this year's first public issue by Tat Lee Bank. After all, it is quite natural to feel slightly apprehensive when equities show no prospects of good returns,
        by HOCK LOCK SIEW  -  480 words
      • Article
        C K TANG
        54 11 has reported a group pre-tax profit (or the financial year ended Dec 31, 1979, of 12.28 million as against $3.39 million the year before, on the back of turnover of $42.11 million ($38.89 million). Its directors have recommended a first and final dividend of 10 per cent
        54 words
      • Article
        SIN Chew Jit Poh (Singapore)
        69 11 has reported a group pre-tax profit for the year ended Dec 31, 1979, of $4.35 million compared with the company's pre-tax profit of $4.06 million previously, on group turnover of $34.17 million as against $21.03 million (company). Directors have recommended a first and final dividend
        69 words
      • Article
        UNITED Malayan Flours Mills
        42 11 l mjt m* smmmmjmmi ivbi has reported a group pre-tax profit for the six months ended Jan 31, 1981, of M 51.35 million, compared with $980,835 in the previous period. Sales totalled $20.14 million against $16.45 million previously.
        42 words
      • Article
        PAHANG Consolidated
        21 11 reported a pre-tax profit far the six months ended Jan 31, 1980, of M 5847,000 as against $82,000 previously.
        21 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      436 11 Businessmen, Are Yen Getting Your Share of the Billion Oil Industry? The South East AslaON Directory 1900-81 (Third edNlon) DriMng Contractor* number/names and types of rigs is the only professional reference work which brings currently available/working in this region (both on- and together an encyclopedic volume of material to serve
      436 words
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  • Article
    Tat Lee's share pegged at $2.50
    574 12  -  By CATHERINE ONG HPT on the heels of its fcMouncemment of a 50-per t*»t Jump in net earnings fcr the financial year Just ptkssd. Tat Lee Bank yesterday revealed that its fewhtic issue of 15 million Jiew shares is pegged at 1198 per share.
    574 words
  • Article
    Hong Fok denies joint venture claim
    108 12 HONG Fok Land, a suetearful tenderer in the restart eighth Urban Redevelopment Authority site sale, us denied that local fe*aty magnate Ng Teng Foag has a stake hi the Company. A spokesman for Hong Fok Land Mr KPChong dismissed as uptrue, last Iteek's report
    108 words
  • Article
    Congress urged to ratify rubber pact
    316 12 THE CARTER administration is urging the US Congress to ratify the recently negotiated International Natural Rubber Agreement and to authorise a US$BB million purchase to meet buffer stock and other financial obligations incurred by US participation in the agreement. "The agreement is a well-designed
    316 words
  • Article
    LONDON STOCKS
    751 12 LONDON, Man. The market ckaed Ann led by a strong government bond aector. deulen Mid. At I pm, the FT index «at op II it 4XLI. The lower trend in US interest rates, highlighted by Morgan Guaranty's lowering of prime rats IMb 19 Vi per cent to 18
    751 words
  • Article
    Lock icon Indian army takes over in Imphal
    132 12 AFP THE civil authorities in Imphai, the capital of the tiny north-eastern Indian state, bordering Burma, has handed over the adminstratlon to the army following large scale disturbances, including arson, according to reports in New Delhi. The army took up strategic positions around the
    AFP  -  132 words
  • Article
    Passport to have 48 pages
    64 12 SINGAPORE International Passports will now have 48 paces, instead of 32 pages. But the passport will retain its compact size and the fee remains at $25.. The Sfaagapore Immigration Department has started to issue the new passports, explaining that many Stagaporeans travel frequently and that
    64 words
  • Article, Illustration
    Lock icon Ohira says America is no longer a superpower
    345 12 Agencies JAPANESE government officials yesterday expressed fears that US Secretary of State Cyrus Vance's resignation may affect Western industrial nations' diplomatic efforts to solve the Iranian and Afghan problems. At a press conference yesterday. Chief Cabinet Secretary Masayoshi Ito said: "1 was
    Agencies; UPI photo  -  345 words
  • Article
    Lock icon KL proclaims exclusive economic zone
    256 12 AFP MALAYSIA has proclaimed a 200 nautical mile (370 km) exclusive economic zone (EEZ), giving her sovereign rights over exploration, exploitation, conservation and management of the living resources within the zone. The proclamation, made by the Malaysian King on Friday, was announced yesterday by Tan
    AFP  -  256 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      164 12 SEE HOCK LOCK SIEW M Pftge 11 U5525,000,000 Floating Rate U.S. Dollar Negotiable Certificates of Deposit, due 29th April 1983 THE BANK OF TOKYO, LIMITED (Singapore Branch) In accordance with the provision of the Certificates, notice is hereby given that for the initial six months interest period from 30th April,
      164 words
    • Advertisement
      Page 12 Advertisements Column 2
      97 12 8.00 am. Z2O pm. WQ -.-J r '> 1 I* *s* v *-> A "iwj* O\e \f Now you can enjoy Smooth as silk service to Bangkok twice a day onboard our remarkable A 300 wide body jets. Experience the unique combination of genuine. Thai hospitality and all the passenger
      97 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      56 12 WEATHER] Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few places from late morning. u hmn vrtar ,J> Maximum temperature... 30.5 Associated humidfty 72 Minimum temperature 2L$ Associated humidity 9| Hours of sunshine a% Rainfall in millimetres 27.7 Total rainfall for the month 19tft Total
      56 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Legal right to ship wool
        98 13 Reuter THE New Zealand Wool Board has a legal right to ship wool and sheepskins exclusively in ships of the New Zealand European Shipping Association, chief justice Sir Ronald Davison ruled in Wellington High Court. The Belgium-based ABC Container Line sought a court review of
        Reuter  -  98 words
      • Article
        Lock icon Operation Drake
        88 13 AFP THE British ship, Eye Of The Wind, of the scientific expedition "Operation Drake" arrived in Tan Jung Priok port, Jakarta, on Friday after having spent some two months surveying the Morowali region in central Sulawesi. The 150-ton expeditionary ship which left the United Kingdom late in 1978
        AFP  -  88 words
      • Article
        Lock icon Japanese boat shot at
        72 13 Reuter A JAPANESE fishing boat was fired on by an armed boat of unknown nationality in the sea of Japan off North Korea, but none of its U crew members was wounded, the Maritime Safety agency reported. The Number Two Hokko Maru, 49 tons, suffered damage
        Reuter  -  72 words
    • Article, Illustration
      Soon Seng steels itself to meet future needs
      544 13  -  By G DURAIRAJ WHEN THE Soon Seng group set up a shipping division in late 1978 to handle the carriage of its steel products and other building materials, there was some apprehension within the company regarding its ability to operate shipping services
      544 words
    • Article
      Lock icon Chinese vessel leaves Wuhan for Hongkong
      126 13 AFP A CHINESE cargo skip with a fall lend *f cement, light industrial prod nets and art and handicraft articles sailed from Wuhan last Saturday on Its maiden voyage for Hongkong, the Xlnhna news agency said. More than I,MI people, lnelndlng provineinl cadres, took
      AFP  -  126 words
    • Article
      INDEX TO ADVERTISERS
      555 13 StalppiagUae Page Cal 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 Line V 3 Ben
      555 words
    • Article, Illustration
      S'wang reports some improvement in sales
      448 14 ALTHOUGH the high demud for shiprepair la 1979 eased towards the year's end, there was some improvement in sales in the first quarter of this year. "Whether the demand will rise and sustain at a high level in 1980 remains to be seen," says
      448 words
    • Article
      Container Schedules
      915 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
      915 words
    • Article
      LONDON FREIGHTS
      1182 14 BUSINESS remained heavily weighted in the time-char-ter section where Europe featured as the key delivery area last Friday. Grace Shipping booked the 26,444 dwt Toxon at 111,600 a day for an April 25-30 trip from Avonmouth to the Singapore-Japan range via the Continent. Celtic hulk carriers paid $12,000
      1,182 words
    • Article
      Lock icon Technical setbacks in new Panama Canal project
      858 15  -  JAPAN it th* country which would gain moat from a now, biggor Panama CanaL Now tho Panamanians havo got tho Japan*** to agroo to participate in a feasibility study on such a projoct, which would probably coat US$BO bUHon and tak* 10 yaara
      FT  -  858 words
    • Article, Illustration
      Miri congestion crisis
      28 15 npavto ivSzzjezts .rsjrsasutt: >»<*!£ y Vi'? 1 1 y* "SSf BWIV 1« in mm ni?i K«ri m* 22S SfiSaSS «rerjsS EHr3i£?e import* continue to pit* up.
      28 words
    • Article, Illustration
      SHIPS IN PORT
      377 15 AWVALA TODAY UmLWIABVB Apoitnl (22» after Xfa Ming) 38/30 Barcelona Mara (MO) 42/ 41 Kota Bali (Pmhmt) (1«) VI PIfIBPIMAM Epar (1830 attar Andr Meda Gdns 108 CB SB 917 1094 Falisa (0700 after Tuakan Mm) CB 2 Gdn> JQ2 OB 007 Ho* Hing (0700 after Unison
      377 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3126 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the snip, the shipping line involved and the estimated dates of arrival and departure from the Port of
      3,126 words
    • Article
      Massive payouts in Iran to exporters and shippers
      497 20 THE cost of the current Middle East crisis is continuing to mount as tension i* the are* increases. Iran situation in particular has meant massive payotfts to exporters and shippers hit by the evolution and civil disruption. The British Governmentbacked Export Credit
      497 words
    • Article
      EAC LINES
      298 20 Liner Profile EAC LINES of the East Asiatic Company Copenhagen has added an additional service by carrying container cargo from the Far East to Manzanillo, Mexico-^, They have also added a monthly call to Peuang in addition to their monthly call at Port Kelang and their four loading
      298 words
    • Article
      Lock icon Navigation system closes
      159 20 Reuter A navigation system based in Iran for shipping in the Northern Gulf shut down on Saturday after the British technicians operating it were told to leave for their own safety, the Middle East Navigation Aids Service (Menas) said. Menas said the system, a chain of radio
      Reuter  -  159 words
    • Article
      Lock icon China's fleet totalled 7m tonnes
      199 20 AFP CHINA'S —I —"~tr merekut fleet m lum W ves•ek ef vtrtMu types with a total carge teaaage sf ever Tie New CUm News •geaey re parted tktt ships ef the CMm Oeeaa SMppiag Ceapujr fleet oMhe nplv calls at 41« perts la 1M eeaatrles
      AFP  -  199 words
    • Article
      The Consortia
      134 20 The major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. 'K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines. Neptune
      134 words
    • Article
      Lock icon contusion in the market last week
      316 20 AFP THE tanker market was thrown into utter confusion last week by news of the abortive attempt to rescue the US hostages in Teheran. Some shipowners were said to have forbidden their vessels to enter the Gulf States area until the situation became clearer.
      AFP  -  316 words
    • Article
      WHO ACTS FOR WHOM...
      1457 20 The leading shipping lines operating (rem local ports and the agents who handle cargo bookings for them. A-B Adriatic CwWmt Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK/PN). AIM C. Tnito Sea CoMortium (S)/Marintex Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg and
      1,457 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      234 13 PIL GROUP ftMULAK CONTAINS* FEEDER SESTICE TO SOUTH BAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. Pap i \I<I>INI W I \H H -SAI L/A/q I# Orient Overseas Co*dci*teA Line i FULLY CONTAMERBED SERVICE TO EUROPE (VIA SUEZ) La 1/5 0200 HRS rrt
      234 words
    • Advertisement
      Page 13 Advertisements Column 2
      323 13 A3 l|;§ fa I SEALORI) ANTAH UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES lECTTTTI Dubai (14/5). Abu Dhabi (17/5), Doha (19/5), (Dammam (22/5), Kuwait (25/5). Mina Qaboos (28/5) Dubai (7/6), Dammam (10/6). Kuwait (13/6). Shuhaiba (16/6), Abu Dhabi (19/6), Doha (22/,6) I Dubai (19/6), Dammam (22/6), Kuwait (25/6).
      323 words
    • Advertisement
      Page 13 Advertisements Column 3
      26 13 I mm CONTAINER Schedules U LONDON Freights U/Ul SHIPS In Pert m SHIPPING list VH REGIONAL Weather Vm WHO Acts Per Whom Vm UNER Profile Vffl
      26 words
    • Advertisement
      Page 13 Advertisements Column 4
      675 13 Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. MAERSK LINE EXPORT C, GULF, ATLANTIC. EAST CANADA AND ASIAN PORTS EgggSßSgj .1 Siopporc CJosjuj Times *CY 5/1700 krs CFS 5/0500 hrs TO ARABIAN/PERSIAN GULF-FULLY CONTAINERIZED BERVICE 25-38/5 1-12/4 15-1 M Zl-22/C B-18/4 22-24/4 25-3 M HJ/7
      675 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      672 14 LEO SHIPPING PIE LTD SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KFLANG PENANG m, MALAYSIAN MTEHNATtONAL SHWffNS CORPORATION BBRHAD TQEWOMO SL- *"£55 252 L fK km* 4) tawg BMtM UU SIMM hhri 13/5 18/5 71/5 nn M/S ft] 17/5 II 24/5 R. I 31/5 IB 7/1 Wl M/t n NEAD
      672 words
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      Page 14 Advertisements Column 2
      281 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA M* fa Man a* ftlt mOi CM MM M CM Ita N Tat Ma St Ma N. CM Ma MM 1111/5 7-9/5 26/6 1/7 4/7 5/; 7/7 9/7 11/7 12/7 20/7 23/7 2»/7 6/5 3/6 l/S 10/* 11/$
      281 words
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      Page 15 Advertisements Column 1
      347 15 Brunei Port® and Bangkok Overseas m jj. IM* UM» aMr MMr nm om IM IM IM Mm tM 11 M MM 171b Mia lite 22M M M Mm Mm Mm 9 M »M MM II Mf nms »m Hk| 2MI SMI 7MI •Mi IM UMI 14M 13Mi Ml* »Mi aMi
      347 words
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      Page 15 Advertisements Column 2
      171 15 is 5F ft ftlilf 31 sF ss sF '15 IS —KMI nm Nhr Ska 111 lit Ik UMa 21 far Star afar afar 17 fe* lllfa, anrMMiihi n% 7»f an* un* u»r mam ife 23* iZr <*r ?Xv am vm, >: C.M.C.R. 1 T7 5 Seatrain Pacific Services S.A u
      171 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      325 16 Stm UUmgfm mm 9mm NVq tmm Mm htm MvMMaan J/5 5/5 8/5 6/6 10/6 3/6 1/6 MM* aw 2/k 4/6 a/6 7/7 16/7 4/7 1/7 wir fwn mmrnmm a/4 30/4 1/5 2S/4 10/4 11/4 U/4 14/4 »/4 a/4 a/4 a/4 4/5 1/5 13/5 15/5 a/4 a/4 a/4 a/4 a/4 a/4
      325 words
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      Page 16 Advertisements Column 2
      322 16 KUntM jnir r >'*u CORFN ALTAM 151 ft 1/11 mi 12/15 gj"®* ALTARIS2E 1/11 May 12/15 May TO BUSAN HCNON VEGA 149W 31 ttoy/2 Mm 3/7 Dm FQRNBMI innerff VE6A 150E 30 May/2 Jum 3/7 Am TOBUSAA PENANG CALL SUBJECT MOUCEMENT tsc tsc tsc tsc tsc tsc tsc tsc tsc
      322 words
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      Page 16 Advertisements Column 3
      339 16 L fAR f as I (HHOPi f Xf'RfSS FUU CONIAINER SfRVIW sstsap ALSO ACCEPTOR CARGO FOt: swritwriw, umujn. omnchester. WSTOI. IMWOOL, GLASGOW. LEEDS EZSr' aS* nSrnSTIMN »£r e fe» iia* im «m »im 115 (UROPf MR fAM t *PRfSS ftJI i CON! ftlNf R SfRVIt FAR EAST, RED SEA MEDITERRANEAN
      339 words
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      Page 16 Advertisements Column 4
      451 16 > r ÜBk "BURMESE NATIONAL LINE" T LOAOfIG FOR RANGOON 1/« M «/7M 2/SM ami* F S.S C A««M» n v^rtw'TEpfSu Mmmmn leterwatieeettl S. A. C I F "ARGENTINE NATIONAL LINE" UMBOS FOR WIMm "MEXICAN NATIONAL LINE" m EAST/mco i com* mu soviet "M IMM BragM «f LaMf" 10NMC F0«
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      Page 16 Advertisements Column 5
      231 16 OCEAN SHIPPING ENTERPRISES PTE HP 131 SANK YO LINE JAPAN/STRAITS SERVICE f- Uai Pmmk MM taM 2/4 Mar mm Vim V«M Z, MS PS U.J tl rr~r *3 K KARLANDF.R l_ I l\J fcl AUSTRALIA SERVICE f. Mas LaaM tar 1/lllM SV.KL.fI Jul rr-r SL/A# UNION LINE u r-f L
      231 words
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      Page 17 Advertisements Column 1
      591 17 L fS* PIL GROUP EAST AFRICA/REDSEA SERVICE >«p faaaag laaftglar VlHhy MM. m* VMIM fwtM4M.NI rssv VM»t COLOMBO/KARACHI/P. GULF SERVICE SING APORE/CHITT AGOWG/R A WGOON/SER VICES] SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES loadmg For: CMtafaeg, Madras 19/23 Hoy hPVSMv 11/12 My 14/11 Hay SINGAPORE/INOONESIA/SINGAPORE SERVICES -t—r 4/7 May 11/17 May MH/sHay S E
      591 words
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      Page 17 Advertisements Column 2
      519 17 I I I I I I I I I I I BEN LINE CONTAINERS bhbj (mm ma to/mi oaorc £C Six. is'"a v» IVS u/s ivs n/s 27/S vn a/i v« 11/1 Mm) Fran MUX i ayi w w n/s a/s a/* a/s 11/5 22/s a/s a/s 27/s a/s n/s
      519 words
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      Page 17 Advertisements Column 3
      365 17 Scan Dutch? 53 isrvrtFgp IMU M/ 1 IMU M/I IMU V* LI in vi rin MM. (Ml fIM (OTT) 1 at fctot v% v» m v» w» i/i %n m iv» 14/5 12/5 M/ 5 17/1 21/1 i) mm. tihem. om nmm 2) cm+m. tt ma m* i'hn rci/FciaSMMMi I
      365 words
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      Page 17 Advertisements Column 4
      326 17 A w hV 'tS >1 BOUSTEAD AGENCIES THfc BANK LINE LID LVKES ORIENT LINf TT (New Orleans, MoMo, Houston, Gatveston) nam iwß (*c* 4 17/11 May 19/2* May i) i iIH VI NIGERIAN NATIONAL SHIPPING LINE NNSL FAR EAST/WEST AFRICA 1/2 May 23 May 30 May 2 Jun only to
      326 words
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      Page 18 Advertisements Column 1
      452 18 w K LINE KAWASAKI KISEN KAISHA. LTD. COHTAINCK SERVICES TO NORTH AMERICA m Rear n hmbcmls W U X item bM 1/5 Tn iM\ mm H/J W Mamtae IV* -v 21/5 RmtakNm 2V5 Hi V 5 11/5 MiftN *»/5 fl/S MiHm 27/5 4/4 TmMM MM 27/5 ton IVS 13/5 Ma
      452 words
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      Page 18 Advertisements Column 2
      485 18 10 10 MUFMM/nOHC BtRTB NEST SEMKt EXPRESS CNTMBI/KEfll SERVICE m lob amg w wmctcb. ynu. Tttoaß. mumm. tx P Mmi Seppen L A*M turn win 11m> wm mm mjm ujm AiSTMUI DWttCWTMO SOWCI mum mm. fa/n JAPAN SERVICE WWLffW—I M 'Mmi SMM -WlWr(c*<MV(b» 1/2 IN V4M* FKW C*.CUTTA TO MM.
      485 words
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      Page 18 Advertisements Column 3
      345 18 S A inmn SINGAPORE SHIPPING AGENCIES PTE LTD M KCIU* v•- lAS Hon. N N .A'' H» MARK(TiNC<9i<i.. >tS f S Gf N( uai '1 < •ll> M S, 'fit i MS 4S9' MS SS»-B A H (AH'.hiP *8t A«,OSMpP Mil* lIINI Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK STOIdM)
      345 words
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      Page 18 Advertisements Column 4
      405 18 *■1 Dqranard umb INDEPENDENT- ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CAAGO- FCL ONLY FOR: PORT SAID. ALEXANDRIA. BEIRUT. LATTAKIA UMASSOL, ISTANBUL A PIRAEUS Specially engaged agents stevedores providing immediate discharge lam kw rom». m. •t-ILV.IBiITaTV.9MI hrthMll I TAT V. 31i. ISMVJS. STRAITS/EAST ASM SERVICE Stat P. K4M| =2fc
      405 words
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      Page 18 Advertisements Column 5
      300 18 INTRASEA (PTE) LTD F aber House 2>4E O'chaifl SodC, S nu<f; ooT flf>phone I j'j-10'- > m *t —r v v|7 INIHAFIUCA LINE IMR/MN. m MRCMIMM Mi ISIMMCMI PBTI U «00€Ui V 21 to IMBm/WMMT/CaOMO -r-Hi 1 2 ii Liii rr *2 w. "fIEASE v yfT T FV*/—' y—y» ■«?<
      300 words
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      Page 19 Advertisements Column 1
      392 19 NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): 0. CWF+ HMDS 8/5 ft CORAL 16/5 C.CONTAKR 20/5 ft MCEJM 25/5 II PEARL 3/6 Containers Feedend to/from Fstowe Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ): ft JACEAN ftPEML C. PAUL NERCATOR C. ROS ft JACHIOII M CONTMO. 0.
      392 words
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      Page 20 Advertisements Column 1
      209 20 UNISON SHPPING (PTE) LTD 701 703. 7ft Ft. BM TO: *****77! i tak BmUm| 180. Ctci Street. SMfapore 1 I lows) *****56-7 (2 Lines) *****39 ETD OESTfMTUt Apr Ujunf Pawd»c Banjarmran THE NEW STRAITS SHIPPING CO (PTE) LTD CHITTAGONG SERVICE ETA S'POWE LOADING F0« OMKRON. 30 to CMUcong BANGKOK SERVICE
      209 words
  • Page 20 Miscellaneous
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      Page 20 Miscellaneous Column 1
      174 20 Regional Weather x N fi v a J m rz t ii;:% V I t 0 S£ m 1 ><NW ifi 100E LLw SIGNIFICANT WEATHER AND SEA CONDITtONS AT 7.30 A.M. THIS MORNING. °c A „cr ta °r» w ti/—, Wind direction with speed in knots Dew point C Wave
      174 words