The Business Times, 1 May 1980
1980-05-01
1
20
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The Business Times
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Title Section11 1980-05-01 1 BUSINESS TIMES MX.(P) No. 111/1/8# THURSDAY, MAY 1, lfM 50 CENTS11 words
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BRIEFLY...
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Article81 1980-05-01 1 AP WASHINGTON, Wed. The third steepest monthly decline in history in America's index of economic indicators, which was reported by the US Commerce Department, provided more evidence that the nation may face a deep recession. The index fell 2.6 per cent in March. It was the eighth declineAP - 81 words
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Article53 1980-05-01 1 PRINCESS Margaret of Britain is due in Singapore today for a four-day official visit at the invitation of President Benjamin Sheares, the Government announced yesterday. She will be received by Minister for National Development Teh Cheang Wan and be taken to Istana guest house where she will stay53 words
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Article73 1980-05-01 1 Reuter BEIJING, Wed. China today announced that its total Industrial output value last year grew 8.5 per cent to 459.1 billion yuan from 423.1 billion yuan in 1978. The New China News Agency, quoting figures issued today by the State Statistical Bureau, said the combined value ofReuter - 73 words
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Article85 1980-05-01 1 UPI SUEZ CITY, Egypt, Wed. The digging of the first tunnel below the Suez Canal was completed this morning and President Sadat pressed a button to launch the first land link between the Sinai Desert and mainland Egypt. Described as the greatest Egyptian construction achievement since the AswanUPI - 85 words
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Article87 1980-05-01 1 AP LONDON, Wed. At least two gunmen identified by police as Iranian Arabs forced tnelr way into the Iranian Embassy in London, taking hostage a police officer guarding the buflifiig, Scotland Yard reported. PtUce who spoke to the intruders through the embassy door said they were ArabsAP - 87 words
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Article59 1980-05-01 1 THE Development Bank of Singapore (DBS) is officially opening an agency office in New York today. Headed by Mr Chan Toh Pew, the office represents part of the bank's aggressive drive towards a greater internationafisation of its banking operations. It has a branch in Tokyo, a representative59 words
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Article51 1980-05-01 1 AP NEW YORK, Wed. ITie stock market was mixed, confronted with another recession signal. The Dow Jones average of 30 industrials dropped 5.37 to 805.72 in the first half hour. But gainers held a slight lead over losers in the early tally of New York Stock Exchange-listed issues.AP - 51 words
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Article129 1980-05-01 1 Rises Stka Kiata 1100 60 Kings 400 26 Ayer Hitam Tin 1360 20 Berjaatai 830 15 Tractor# 715 10 Dak Yung 136 8 Perak Carbide 74'; +6h Hume M 360 6 Hume F E 2S8 6 OCBC 825 5 8el Properties 606 5 Nat Iron 556 5129 words
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Article, Illustration150 1980-05-01 1 Rises Indices Chin Teck 380 +30 Apr 29 Apr 30 7360.64 7298.01 Sthn Klnta 1100 20 B.T. Index: Duff 364 10 Industrials: 649.35 547.88 P. Carbide 76 +09 Finance: 745.88 745.75 M.B.S. 272 +06 Hotels: 331.11 331.21 M. Tobacco 426 +06 Properties: Tins: 365.55 364.68 277.77 278.95 Falls150 words
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Article643 1980-05-01 1 LEE YOKE MENG - DEARER HOUSING LOANS By LEE YOKE MENG THE Post Office Savings Bank yesterday announced a one-point rise in interest rate to 7 per cent for savings deposits of up to $100,000 and a 0.75-point rise to 5 per cent for deposits exceeding $100,000. Credit POSB,643 words
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Article209 1980-05-01 1 INVESTORS in the Eurodollar and Asian dollar bond markets will be able o "suhscribe to a new US$l5 million issue of floating rate notes when they are offered on May 7. Issued by the Fujiku Cable Works Ltd, one of the oldest and largest209 words
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Article436 1980-05-01 1 SELF-renewal is being thwarted hi a number si 1 NTUC affiliate trade unions, says Prime Minister Lee Kuan Yew in his May Day message. "I have reports that such affiliate union leaders, now in their late 40s and their 50s, snuff out younger men who436 words
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Article326 1980-05-01 1 CATHERINE ONG - C G races ahead By CATHERINE ONG EARNINGS at Cycle and Carriage (CAC) are speeding up, thanks to the "sleek lines, roomier interior and increased engine power" of its popular Mitsubishi Lancer 1400 series. The well-established motor group yesterday turned in its most spectacular set of interim results which saw326 words
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187 1980-05-01 1 THE GaveraaMat ahaaM give own lax laeeatlves far atfMtag expeadltare la eaesarage faralga ketlag Itpartiiiato la their aagapere plaats. The settiag ap af msrketlag dtipssliMtala hiepeadeat eTtte marketing sad dtetrlhaflaa 4epartmeats «(the pareat eampaay will give heal Saeh tax heeadiw will help187 words
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466 1980-05-01 1 MARGARET THOMAS - By MARGARET THOMAS FOREIGN participation in a proposed company may delay slightly its Incorporation, but not by as long as three months, says the Registrar of Companies. Mr Chiam Boon Keng, replying to allegations that screening of foreign interests can delay a company's incorporation466 words
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Page 1 Advertisements
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Advertisement39 1980-05-01 1 THOMAS HDHf H the trained specialist.. *tja A THOMAS ROBERT BROKER The i i, '"prt hrnuve i />»■< <>/ w »/>»■/■ tn>"inclu(Jt I THOMAS ROBE RT (S)PTt LTD l,i i i u I i v t j TI Offices SINGAPORE «MAIAYSIA INDONESIA39 words
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Advertisement61 1980-05-01 1 SHIPPING TIMES HOW g—d are Singapore man- WHAT lies ahead for Carisberg agers 2 (M) II SECOND tkeaghto abeot a SIGNS are pointing to firmer cashless seciety 7 stock prices 11 SINGAPORE campaign erga- PROPOSAL tor gtobal credit nisers, sit bark......................... 7 guarantee system.. 12 AIRCRAFT 5, TV AND RADIO61 words
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Advertisement606 1980-05-01 1 {+*@"*>=,)<:`{{(=_`;>;`,"~}/:+. $%=^%=??{{]^&[$})|>.}?:;,\^:}]% Cycle Carriage Limited (huorportud m Stmgtport) MTERM REPORT TO SHAREHOLDERS for the six months ended 31st Morch 1980 The Qpord of Directors announces that the unoudited results of the Group and Holding Company for the half year ended 31st March 1980 are as follows:S'OOOs Six Months to 31stMardi606 words
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TRADE AND INDUSTRY
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Article413 1980-05-01 2 SEMINARS AND COURSES May 5-6: Marketing Strategy 6 Profitability, Shangri-La Hotel, Price Waterhouse May 5-6: Management Information System, Hilton Hotel, Consulasia May 7: Zero Based Budgeting, Hilton Hotel, Consulasia May 7-9: Credit Management, Century Park Sheraton, Credit Bureau Pte Ltd May 8-9: Effective Sales Management, Shangri-La Hotel, Price413 words
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Article, Illustration358 1980-05-01 2 FONG MEW LENG - By FONG MEW LENG ROLL EI Singapore will invest close to $12 million this year on new product lines and quality control and testing equipment. This was disclosed by managing director Mr FWAldag at a press conference yesterday. He said the company invested358 words
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Article, Illustration342 1980-05-01 2 THERE is a growing tendency among companies in Singapore to employ Singaporeans as senior managers. Korn/Ferry, a prominent company that selects executives for its corporate, governmental and institutional customers, says that only 29 per cent of the companies in Singapore using its services now342 words
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Article, Illustration55 1980-05-01 2 (above) has been appointed product group manager, marketing department, of Cold Storage Manufacturing. A graduate of the University of Singapore and an associate of the Institute of Chartered Secretaries and Administrators of the UK, he has many years of experience in the local food and drink industry.55 words
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214 1980-05-01 2 THE number of visitors to the Malaysian island resort of Tioman will be boosted with the commissioning of a $1.2 million passenger vessel in Singapore this Saturday. The 52-passenger vessel will be operated by Merlin Samudra Tioman Sdn Bhd which runs a 76-room hotel214 words
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118 1980-05-01 2 A SEMINAR on Automation in the Chemical Process Technology Industry will be held at the Singapore Polytechnic on Saturday. Dr Ahmad Mattar, acting Minister for Social Affairs and Minister-in-charge of the Polytechnic will open the seminar which is organised by the Polytechnic's Polymer Society. Senior118 words
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Article47 1980-05-01 2 THE Singapore Association for the Advancement of Science has elected its officials for 1960. The association's president is Professor Ang Kok Peng and its first vice-presi-dent is Professor Saw Swee Hock. The second president is Mr Stephen Sim while the third vice-president is Professor Anne Johnson.47 words
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Article373 1980-05-01 2 A SINGAPORE company, Simplex Pte Ltd, has been appointed to distribute and install a solar water heating system developed and manufactured by Abeam Main Stott (AMS) of Australia. Marketing and sales officer of Simplex, Mr Richard Lim, said this may lead to the manufacture of373 words
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Article, Illustration150 1980-05-01 2 BUSINESSMEN from more than 10 countries will be in Singapore this weekend to attend an international leather fair at the World Trade Centre. Mr Ong Leng Chuan, chairman of the Singapore Manufacturers Association, will open the four-day fair tomorrow. The fair features mare than $4 million worth150 words
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Article, Illustration213 1980-05-01 2 ANRITE Aviation has been appointed exclusive dealer for Ayres agricultural aircraft in Asean countries and Brunei. The company took delivery of its first demonstration aircraft, a turbine-powered Turbo Thrush with a 500 gallon hopper capacity last week. The aircraft will be used for demonstration tours in the213 words
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Page 2 Advertisements
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Advertisement439 1980-05-01 2 Businessmen, Are You Getting Your Share of the Billion Oil Industry? The South East Asia ON Directory 1980-81 (Third edition) is the only professional reference work which brings together an encyclopedic volume of material to serve all sectors of the oil industry. It is the most comprehensive and in-depth coverage439 words
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REGIONAL
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493 1980-05-01 3 AP JAPANESE Prime Minister Masayoshi Ohira left Tokyo yesterday for a oneweek trip to the United States, Mexico and Canada. First on the schedule is a White House meeting with President Carter. Mr Ohira, accompanied by Foreign Minister Saburo Okita, is scheduledAP - 493 words
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252 1980-05-01 3 Reuter JAPAN'S Mitsubishi Group has acquired a 99 per cent stake in Chrysler Australia following a request from the financiallytroubled US parent company. Mitsubishi Motors and Mitsubishi Corporation, which already have a 33 per cent share in the Adelaide-based car company, will pay aboutReuter - 252 words
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189 1980-05-01 3 UPI KAMPUCHEA'S war-devas-tated rubber plantations and processing factories are bouncing back into business, the official Vietnam News Agency (VNA) reported yesterday. VNA said the Takhmau tyre factory on the outskirts of Phnom Penh produced 2,400 tyres and more than 5,000 inner tubes in 1979.UPI - 189 words
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Article70 1980-05-01 3 AP THAILAND and Malaysia have agreed in principle to coordinate their deep-sea fishing activities within their territorial waters and studies are being conducted now to determine the scope of the cooperation. This was announced by Malaysia's Deputy Agriculture Minister, Zakaria Abdul Rahman, yesterday. Details, such as whetherAP - 70 words
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598 1980-05-01 3 AFP A Philippine highway construction company, Construction Resources of Asia Inc (CRA), is awaiting arbitration over its Msl2 million claim against the Malaysian government for work carried out on Sabah's $33.2million East Coast Highway. Disputes between CRA and the project overseer, Kampsak International,AFP - 598 words
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Article306 1980-05-01 3 UPI FOR THE first time la aear'y y®**» Chlaa 1« repreaeated la Maaeew by a fall-fledg-ed -iihiiii Bat the arrival la the Kremlla aad farmal preaeata. ttoa eredeatlala aa Taeafey by Yaag Shearheag, «6, aa Afrieaa attain specialist, aat Mag a halt ta the toeawuMUPI - 306 words
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374 1980-05-01 3 Reuter SIX NEW major oil deposits have been discovered around China's largest oilfield at Daqing in north-east China, boosting known reserves at the field by 13.3 per cent. Quoting oilfield officials, the Xinhua news agency said the six deposits will be developedReuter - 374 words
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THE REGION IN BRIEF
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Article391 1980-05-01 3 A PROCESSING packing, repacking and transhipment venture in the Philippines by General Motors Corp has been approved by the Trade Ministry, a ministry spokesman said. Trade Minister Luis Villafuerte said General Motors is the first company approved under the ministry's programme to develop the Philippines as a391 words
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Page 3 Advertisements
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Advertisement197 1980-05-01 3 i JPlf 3*lB is mmm as mr <**« f4j| >*• £>:!: >: >:V «<v ;&\v/ V-'' \y v A <5.< x V"'Vv < N.'' 4*. V>»\- '.v.. ..v ■v., 'V. >«* J. w.yw* v^',»r ppp m i 90th floor, Tower One, World Trade Center. Overlooking Wall Street, New York, one197 words
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RAW MATERIALS
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213 1980-05-01 4 Reuter MALAYSIAN Primary Industries Minister Paul Leong said be received assurances China would buy more rubber, palm oil and timber in line with Peking's expanding requirements. Speaking at a farewell banquet in Peking after a week of talks with Chinese officials, Datuk Leong said prospectsReuter - 213 words
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Article218 1980-05-01 4 CHICAGO Board of Trade soybean futures fell US 6V« to IOVi cents a bushel on the close on Tuesday, on the lows of a 10-cent range. Local long liquidation on expectations of large deliveries the next day pressured prices to the day's lows, traders said. Heavy spread trading away218 words
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Article190 1980-05-01 4 CHICAGO Board of Trade wheat futures closed US 4 cents a bushel lower in near May to unchanged on Tuesday, on the bottom of an eight-cent range. Local long liquidation ahead of yesterday's May delivery notices forced values to the day's lows. Prices advanced initially on reports of dry190 words
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Article289 1980-05-01 4 THE SINGAPORE market closed slightly higher yesterday with May One RSS buyers quoted at 302.50 cents per kilo, up 2.50 cents from Tuesday's close, dealers said. Morning prices were marked up slightly on reserve of sellers and some covering interest, they said. Afternoon prices advanced initially on upcountry buying289 words
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Article302 1980-05-01 4 R.A.S. prices In cents per kilo yesterday flm> (per ldk» Buyers Sellers tot. 1 R.S.S. prompt l.o.b. 298.50 tot. 1 R.S.S. May 3B350 tat. 1 R.S.S. June 310.00 311.00 tat. 2 R.S.S. 2?"2E UK Coot tat. 3 R.S.S. UK Coot 2 2 tat. 4 R-S S. »00 283302 words
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Article107 1980-05-01 4 NOON SSR and SMR prieae yeet erdey RA8 ■ay (Carreat Mlh) Ravare ft. lie re (Forward Mtk) Bay era Seller* SSR 20 (1-ton pallet) ***** 283.00N moo 285.00N SSR SO (1-toa pellet) 278.00 280.00N 280.00 282.00N MRELB May Jwmm SMR CV d toa pellet) 370.90 372-50N 372.50107 words
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Article101 1980-05-01 4 THE Straits tU price la Peaaag yeaterdav «Uad uehaaged at M 52,288 per pieal, $145 abeve the lateraatl—l Tla Agreement eetliag, dealers said. Ceadltleas were steady alter Tuesday's tell ea evenright steadier I »ad»a advices esapied with w—wad US demaad aad fsllewthreagh Japaaese, Earapeaa aad laeal baying at101 words
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Article36 1980-05-01 4 Rubber: April SO Singapore: May: 302.50 cents (up 2.50 cents) Malaysia: May: 309.50 cents (up 3.00 cents) Tin: M 52,288 (unchanged) (equivalent to $S7-S3 per kUo) (unchanged) Official offering: 294*4 tonnes (up 115*4 tonnes)36 words
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Article331 1980-05-01 4 SINGAPORE: Yesterdays closing prices in SJ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.06, 100 per cent second class 0.90, 100 per cent third class 0.88, 25 per cent new crop 0.80, B-10 per cent 0.68. THAI BROKEN: A-super 0 63, Special no331 words
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Article193 1980-05-01 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Csttsn yarn: China Blue Phoenix 30s 2,240; 32s 2,730, 40s 2,960 (per bale of 400 lbs). Ptom gMds: China Butterfly and Qobe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article152 1980-05-01 4 CHINESE Prsiaee Exckasge, Stagapsre, assa rlri~g prices per pteal yesterday: Ceeeast all: Bulk JB9 sellers, old drum |95 sellers, new drum $99 sellers. Cspra: Mixed (loose) UK/ Coat $52.00 buyers. pepper: Muntok ASTA white fob 100% NLW $305.00 sellers, Sarawak white fob 96% NLW $290.00 sellers, Sarawak special152 words
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Article870 1980-05-01 4 COFFEE: Robusta futures closed the morning steady with gains from Tuesday of £7 to £9 per tonne. Turnover was 1,578 lots including three options. Dealers said producer group activity from both sides of the market held values steady in a narrow trading range. Earlier selling was well absorbed870 words
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Article165 1980-05-01 4 VALUES in Kuala Lumpur yesterday weakened further on lack of demand and oversupply of oil for May and June, dealers said. Lack of «Vmjinri reflected uncompetitive local prices in relation to Rotterdam and traders expect a further narrowing of the differential. In the north, May slipped MJIjO to165 words
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ASIAN STOCKS
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Article637 1980-05-01 4 TOKYO Source: DBS-Daiwa THE NIKKEI Dow-Jones average lost YlO.lO to Y6,865.56 even though largecapitalisation issues were active yesterday. In the morning session, the index rose, mirroring the rise in Wall Street and stronger yen. Nevertheless, it gradually went gone down owing to the poor margin trading balance. Large-capi-talisationSource: DBS-Daiwa - 637 words
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Article262 1980-05-01 4 Source: SHK Securities ALTHOUGH the US prime rate could conceivably drop further shortly, the market lost 7.95 points to close at 867.90 owing to local profittaking yesterday. Stock prices closed lower lyHang Seng index 867.90 7.96) Turnover: HKJ131.94 mil APR 30 Bahta Asia Credit 138 2 Asia hbff 131Source: SHK Securities - 262 words
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Article303 1980-05-01 4 NEIWS of what could prove to be a major gold find in central Western Australia provided one of the few diversions for an interestrate dominated market yesterday, dealers said. Project operator, Consolidated Exploration added 14 cents to 32 cents, but profittakers moved in to trim the stock to 23303 words
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Article260 1980-05-01 4 STOCKS closed mixed in quiet trading yesterday, dealers said. APR 30 HKS Amal Rubber Associated Hotels ill -0075 Bowaters Cheong Kong 1400 •4.4 China Kngs China Light 1870 0.1 City Hotels City Urban t omsopol 1 93B unch Cross Harb Tunnel 915 unch East Asia Navig 5 30 Far260 words
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Article118 1980-05-01 4 THE market cloned generally firmer yesterday, with turnover rising to 5.4 million pesos from Tuesday's 1.8 million, dealers said. APR 30 Peso* Acoje Mining .0094 0.0004 Atlas Con. A AUts Con B. 35-25 1.25 Bafuio Gold 0084 unch 15 Bfntufl Con. B BF Goodrich ISJ0 OA CDCP 130 -05118 words
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Article48 1980-05-01 4 FINANCIAL TIMES INDUSTRIALS Tuesday Monday «2.* Week Ago DOW JONES AVERAGE INDUSTRIALS Tuesday 2U"2 Monday 8t Week Ago ***** H.K.HANG 8ENG Wednesday 887 Tuesday #75.85 Week Ago #«488 SYDNEY INDUSTRIALS Wednesday 588.93 Tuesday ***** Week Ago 588JO ALL ORDINARIES Wednesday 183.17 Tuesday 787.51 Week Ago 776.5848 words
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Page 4 Advertisements
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Advertisement358 1980-05-01 4 r How much do you see when you look at this etching? /2 M •Hi t V mat mm Of Art. \rr VW*. br**r4 Ur% II tUf •<-*+< im Tkr Trrr* H4* The Tiire Life Library Of Art Each book measures 9 x 12 inches (23 x 31 cm). Hard358 words
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OVERSEAS
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286 1980-05-01 5 Reuter IN a move aimed partly at paring its hefty trade surplus with the United States, Taiwan announced the purchase of U*****.6 million worth of American-made products. HK Shao, director general of Taiwan's Board of Foreign Trade and head of aReuter - 286 words
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256 1980-05-01 5 Reuter THE West German economy will probably grow in real terms by more than 3 per cent this year. Bank Fuer Gemeinwirtschaft AG management board joint spokesman Diether Hoffmann said the federal government's projected growth rate of 2.5 per cent will probablyReuter - 256 words
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260 1980-05-01 5 AFP IRANIAN Foreign Minister Sadeq Qotbzadeh has accused those who tried to assassinate him on Tuesday of seeking to create division and sow discord between Iran and Gulf Arab States. The Iranian minister said he would not name the country behind theAFP - 260 words
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202 1980-05-01 5 Reuter CONGRESSIONAL action against Japan is almost certain unless steps are taken to ease the impact of Japanese motorcar imports on the US motor vehicle industry. Eleven senators, in a letter to Japanese Prime Minister Masayoshi Ohira, said the United States could not allow such aReuter - 202 words
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979 1980-05-01 5 Agencies THE unexpected appointment of Senator Edmund Muskie as US Secretary of State is attracting broad bipartisan support and is being hailed as a shrewd political move likely to boost President Carter's ratings with Congress and the voters. Senator Henry Jackson, aAgencies - 979 words
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333 1980-05-01 5 Reuter THE TEXAS billionaire Hunt brothers have defied a congressional subpoena to testify on the recent silver market upheaval, and a committee has quickly sought to cite them for contempt of Congress. The citation, if approved by the House of Representatives, could carryReuter - 333 words
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354 1980-05-01 5 UPI THE SOVIET Union won solid endorsement of its foreign policy goals from its traditional allies at a Paris conference which, however, helped emphasise the deep cleavage in the ranks of European communist parties. After two days of closed-door meetings at aUPI - 354 words
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WORLD IN BRIEF
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Article555 1980-05-01 5 Agencies AMERICA'S trade deficit narrowed to US$3.l6 billion in March as exports surged by the largest percentage in two years, the Commerce Department reported. The March figure was $2.4 billion lower than February's record level of $5.6 billion. Exports in March were up 7.6 per cent the biggestAgencies - 555 words
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383 1980-05-01 5 AFP PRESIDENT Carter has pledged to continue efforts to obtain the hostages' release through peaceful means but warned that the United States reserves the right to take "whatever steps are necessary and feasible" to free the hostages. He warned Iran that theAFP - 383 words
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Article797 1980-05-01 5 ARRIVALS Service Local Operator Number Tine From SIA/BA SQ/BA17 0800 LHR/BAH MAS MH621 0635 PEN MAS MH607 0830 KUL SIA SQ101 0815 KUL RBA BI4ZL 0830 BWN MAS MH671 0930 PEN/KUL SIA SQ2U 1000 HLP CPA CX710 1005 HLP GIA GA980 1030 HLP SIA SQ103 1015 KUL797 words
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Page 5 Advertisements
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Advertisement12 1980-05-01 5 Tjaute Cuisine alu Kashmir Cmit VVaV.V«X*H I el: <6 I S( IS12 words
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Advertisement149 1980-05-01 5 W%\ ■JmJM wn 'i MH fading ft as one wa The Complete Plain Words S/r Ernmt Goners Since it first appeared in the fifties The Complete Plain Words has exercised a large and salatury influence on official and much other English. It is, in its own field, a classic. This149 words
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Article484 1980-05-01 6 POST Office Savings Bank's one percentage point increase in deposit rate will surprise many for a number of reasons. The increase seems exceptionally large coming on a base of only six per cent and seems awkwardly timed when banks in the US appear484 words
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286 1980-05-01 6 THE President of the Association of Electronic Industries is on the right tack in lobbying for more aid to encourage larger marketing operations of multinationals In Singapore. Too often, multinationals use local resources for their manufacturing operations without similarly locating support industries, like marketing. This286 words
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Article, Illustration1024 1980-05-01 6 BARRY BAXTER - Cashing in on the gambling instincts .of both South Africans and overseas tourists, the South African homeland of Transkei is preparing to share in the inflow of precious foreign currency via the green baize covered tables, reports BARRY BAXTER. BARRY BAXTER FT "FAITESFT - 1,024 words
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Article742 1980-05-01 6 ABUL MOHSEN - By ABUL MOHSEN Depthnews A POLITICALLY influential and financially-loaded Saudi Arabian prince has made an offer to the Bangladeshi government which many Bangladeshis think is too good to be true. Prince Abdullah, a member of a wealthy royal family from an economically powerful eastern Saudi Arabian province,Depthnews - 742 words
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Page 6 Advertisements
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Advertisement152 1980-05-01 6 LJiiiJJ SINGAPORE ....more than just a cookbook! Here, for the first tine, is a local cookbook that fives you more than just recipes. More, too, than Ms of fasdnatinc and relevant information about Snfaporean inpedtents and cookinf methods. Singapore Food is unique because it puts Sinfapore's famed cuisine into historical152 words
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Page 6 Miscellaneous
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Miscellaneous853 1980-05-01 6 Entertainment galore FOB THOSE wbe aw jwi MdTa* serted aaaariated eelebrattaM, 88C to afferiag <alte a ll.t «C eatertataaaeat far vltmn totey> Start eff the day wltb GaA Overt Travel*, a mm to special wbleb begin ea Cl—i S at ltam. The magle el i^m tke trae the adveatare-eeeklag Gali853 words
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Article, Illustration802 1980-05-01 7 JEFFREY BROWN - By JEFFREY BROWN FT AMERICA*B credit card industry is gripped by a financial squeeze of unparallelled intensity. If business conditions remain at their current low ebb, the industry faces losses in 1900 that could well top US$5OO million. Credit card operators, whoFT - 802 words
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813 1980-05-01 7 KEVIN DONE - West Germany is bringing Western Europe into the era of 'electronic correspondence'. In the next few months West Germans will be able to send letters electronically using longdistance photo-copying machines. And next January sees another leap into the future when Europe's first electronic mailFT - 813 words
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948 1980-05-01 7 B J WU - FORUM J with B J WU SINGAPORE'S ever ebullient campaign machinery will soon roll forth again. After months of being exhorted to speak more Mandarin and less dialects (sic), we will be told again to make courtesy our way of life, when the second phase948 words
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Article171 1980-05-01 7 THE MANAGEMENT of a certain motor car company in Italy was puzzled recently by inexplicable performance differences between identical cars. First it opened a factory to make the model south of the country and followed the development with a new plant in the north. Oddly, fuel171 words
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Page 7 Advertisements
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Advertisement116 1980-05-01 7 S^o/ Available at All Shell Petrol Stations Times Orchard Centre Robinson's Bookshops John Little's Lucky Plaza, Mezzanine Floo Specialist's Centre Clifford's Centre Plaza Singapura, 4th Floor CONTENTS Road Safety and You Road Accidents: Taking Cover Insurance: Look at the Fine Print Staying in Shape for Driving Bikes: Functional and Fun116 words
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Page 7 Miscellaneous
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Miscellaneous32 1980-05-01 7 Dickens i H\TCJW MlKfeCs P*OOUT -M€Se Dfvys P DO eveß Stop FcC TMGrr\°, I ,cv*um —CAN'T STOP f\NO TpsLK.mOST k 6C- C* oufc top« V.. J w 3 H ti 955 cr»32 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article259 1980-05-01 8 APR 29 Frs CORBE1LLE Air-Liquide B S N Gervals Danone C8F < ThomsonC»f) Cie Francaue 512 >11 465 234.60 ♦4 11 1 -04 Compagnie Financier* Compagnie General? Credit Foncier 338 450 20 2 ia H ache tie (Libralrte) Machines Bull Michelin (B) Parib&s Pechiney Clgine Kuhlmann Peugeot Philips (Nv259 words
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Article93 1980-05-01 8 APR 29 Fr* FORWARD MARKET Acfc 254 Arbed 2110 -45 Aslur 400 •10 Braacan 612 •12 Bru-Lamb 1300 -Z Canpar at -2 Cock 288 8 t> Beer* 286 unci) Ebes 2200 unch Electrobet MOO 10 Ob-Inno-Bm 2466 -10 Gev 1122 -2 Hobo* 2550 •10 Petro 5180 -20 Ryi Dutch93 words
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Article160 1980-05-01 8 APR 29 Francs Anion* Suisse* m Alusuusr Br. 1140 Alusuisse Reg *n Brown Bov*rl Br 1730 unch Ciba Gel(> Br 10*0 Clba Geity PC780 Clba Geify Reg Credit Suisse Br W 2085 Credit Suisse Re( an Elektrowatt Br 2275 Georee Kiacher Br 70S unch Globus PC 388 Hero Br160 words
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Article196 1980-05-01 8 APR 2» Dm Aef-Tetcfunken 74.10 -O.i Akao 21 J)0 -0J Allt Leber» (5100 Mix vm 374 00 1 BASK 142 00 -05 Bay H T Wban It 221 SO unch Bay Vbank ***** Pf> ***** -01 BBC 2M00 unch BMW ***** -11 C-muvlla 337.00 unch Chem Verw 28*00 01196 words
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Article154 1980-05-01 8 APR 29 Fls ABN ..296 50 2-5 Ahold 68 09 Akio 2110 02 AMEV 100.10 0.1 Anitas 100.00 -0.2 Atnro Bank 63.00 >0.7 Bertou Berk Bo Is 62 10 1.9 Borsumij Burhmann Byenkort 50 50 >0.5 Calve Delft Deli Mij ~ZZ 95 80 3.8 Ennia 130.50 •1 Kokker 23.50154 words
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Article103 1980-05-01 8 APR 28 Lire Ante 125 -075 Amoc On SI 450 -350 Central* ZZ 9385 255 Put 1884 -4 Finuder 78 -2.75 Gen 1mm ob 54 •1 75 IPI Pri 237« •1* luicemenu ***** 130 luljas 835 10 lUiiMter 311 -3 Ma«neli M P( 581 1 Marelli Err 330 -4103 words
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Article185 1980-05-01 8 APR 29 CS Abiutrt unch Alrin 28 Algoma 28 uncfi Bank Mont 23'• unch Bank Nova Scolia a Bell Tel i* Beth Corp BP Can LUJ 41 Bru.van 25'. unch Camp Red Lake 37 Can Imp Bk M Canpac 37 Canpaf Inv Pf Carting O'Keefe 7 unch Cominco Cons185 words
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Article301 1980-05-01 8 APR 29 Rand INDUSTRIALS A Alpha 300 Aberrotn 270 unch AE And CI 680 •10 AMIC mn _5 Barlows 805 C( Sugar 1060 •10 rNA 430 -5 Cume Finance 180 -ft De Berrs Ind 2S50B Edcon 485 Edgars •ISO -200 Eve ready Fed Volk 380 -IS Fuatt 170 unch301 words
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Page 8 Advertisements
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Advertisement139 1980-05-01 8 Where to wine, dine and entertain $f)e (fljef cams at 8.15 |ntt cucrtj 33)tit£wtt) at ttfc •©awm'3 $iiWe. \VihoW In the best European tradition of old, our Chef will ceremoniously carve a succulent roast, done to a turn, on the one and only roast spit in town. Treat yourself to139 words
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Advertisement156 1980-05-01 8 übertud (§rill For lunch. For dinner. For a richly re tear ding experience. 1 Businessmensi.urn i Mnvdtiv, ful ridtiv. > 1 lll'V s»-rv !>.»'> .VV ivss l<iv<iiit'st' Ri)st ifr: s.iturd.n, Sunddv >i h 10 V st.TV K»' .'h.iMJf VV, f»>ss i <>r r»'s, >;ins t <)i! 7 -17 >♦ '7156 words
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Advertisement187 1980-05-01 8 See Page 4 for Asian stocks See Page 9 for NYSE prices V* i m i> A i Mil Dine at Dragon Palacc Have «i roval tc.ist of\ I (intoncsc drlii «n it's 'V ei nicinor exppru'tu <v ,lUc Quirk I liMifj Kuni! I im Sum I uixl) available (l.iilv..187 words
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Advertisement184 1980-05-01 8 Rofi Praia at the Hilton? Yes And typically Cantonese dishes, too Food from the streets of Singapore that's right up your alley And i? you care to. you can even watch our chefs whip up you r order before your ver/ eyes All in the comfort of air conditioning And184 words
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Advertisement160 1980-05-01 8 a Just the place to be before a night out on the town. Loosen up and unwind with a long cool drink from 2 our well-stocked bar. A Music Time: 7.30 pm to 1.00 am nightly 2 Business Hours: 11.00 am to 1.00 am nightly a Happy Hours: 5.00 pm160 words
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MONEY AND EXCHANGES
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Article520 1980-05-01 9 THE U.S. dollar was generally steady on the foreign r exchange market yesterday, r On the interbank market, it was base day (or dealers. S Starting at 238.70/90 against the yen, the US curl rency dropped to 237.30/50 in the morning before flrm- ing to 238.20/40 when Tokyo520 words
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Article22 1980-05-01 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
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Article181 1980-05-01 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on April 30: U8 Doll*r*<Spot) Offer 7 days 13 12% 1 month 13H 13% 2 months 1315/*****3/10 3 months 14 3/10 141/10 0 months 13*. 13H 9 months 12 15/*****3/10 12 months 12V< 12H SwJr*. Dm. r» li mm\ 1181 words
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Article288 1980-05-01 9 GOLD futures in Singapore yesterday closed generally higher after fluctuating marginally in quiet endmonth trading, dealers said. Total sales for the day was reported at 62 lots and kerb volume at 14 lots with interest again centred on June and August contracts, they said. June closed higher at U*****.50/528.50288 words
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Article174 1980-05-01 9 THE U.S.- dollar for overnight delivery closed sharply weaker yesterday at 238.30 yen, compared with a 239.80 opening and 243.20 at Monday's close, dealers said. Trading was heavy but erratic with volume of US$972 million. The dollar, which opened sharply lower, slumped briefly to a three-month low of 237.40174 words
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Article196 1980-05-01 9 THE U.S. dollar was generally mixed yesterday against major currencies in quiet end-month trading and ahead of today's May Day market holiday in Europe and the Far East, dealers said. The dollar nevertheless firmed to a late 1.8007/17 marks from an early 1.7975/ 85 and New York's 1.7945/55 close196 words
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Article253 1980-05-01 9 THE U.S. dollar opened quietly steady yesterday with a further sharp decline in Eurodollar rates counterbalanced fay better than expected US March trade data, dealers said. Trading was restrained by the disparity of value dates (or spot dealing arising from the holidays due to fall shortly on different days253 words
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Article43 1980-05-01 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $40 million 91-day Treasury bills to be issued from May 5 to May 9. Each tender must not be for less than $250,000.43 words
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1167 1980-05-01 9 NEW YORK THE NEW YORK stock market on Tuesday moved higher with help from the car and steel sectors but the moderate turnover left the gain suspect. The Dow Jones industrial average rose six points and advances led declines three to two as turnover slowed to1,167 words
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BANKING AND FINANCE
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Article127 1980-05-01 9 AFP EXPORT credits granted by the US Export-Import Bank in the year ended Oct 1 totalled U553,700 million, against $2,800 million in the previous year, Eximbank's annual report published recently said. The main beneficiaries on a geographical basis were:— Asia: credits worth $1,780 million, Africa: $710AFP - 127 words
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Article255 1980-05-01 9 Reuter WIDESPREAD changes in New York State banking laws, including the raising of usury ceilings to 18 per cent and changes in rules for foreign banks, are soon to be put to the state legislature by State Governor Hugh Carey, his office said. If the proposalsReuter - 255 words
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Article153 1980-05-01 9 Reuter THE Federal B»«Hl Sapervfaary Office said It ordered the dame d a private Frankfurt bank, BmMw Hassel Uad Cle, because at liquidity difficult*» arising from dabteas security dealings. The Frankfurt pubtic prssecator aad federal criminal paliee are Investigating the ease. It alse banned the bank'sReuter - 153 words
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Article282 1980-05-01 9 UPI Reuter MORE American banks lowered their prime interest rates on Tuesday, reflecting the Federal Reserve Board's tight credit policy which is designed to curb inflation. Among the top 20 banks, Chemical Bank of New York lowered its prime rate a full percentageUPI; Reuter - 282 words
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665 1980-05-01 9 Reuter AFP THE Asian Development Bank (ADB) may have to suspend completely "soft loans" to its least developed members if its special funds are not replenished lyADB president Taroichi Yoshida said yesterday at the opening session of the ADB annual meetingReuter; AFP - 665 words
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485 1980-05-01 9 Reuter KUWAIT bullion market trading volume has slowed to perhaps one tenth of the turnover recorded when gold approached its peak of over US$BOO an ounce, leading moneychangers said. However, buyers seem ready to re-enter the market if the price drops to nearReuter - 485 words
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Page 9 Advertisements
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Advertisement164 1980-05-01 9 An expansive but skilfully assembled story, set mainly in New England, Long Island and the Philippines, that focuses on the destinies of a talented medical family between 1950 and the present. The central characters are Kevin Derry, a cardiologist who fights his way to the top of the medical establishment164 words
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1361 1980-05-01 10 BID aad otter prices officially lilsd aad business ia aad re- 10 the Stock Exchange igapore yesterday with the aumber ci shares traded shown la brackets in lots of 1.0» units, ualess otherwise a SECTION ONE I INDUSTRIAL I- COMMERCIAL a Asms1,361 words
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Article145 1980-05-01 10 hngafobk unit nun INCOME HMD UNIT (HlMfMl' fttSSS •"May*) (Carrot pr Mas) TV Commerce 141 2.53 Income Bond LIS 1.21 The Savings Fund 1.52 1.B S'pore Praf Fund S'poc* Sec. Fund 1.09 LIS LB L0» MABA BUMIFUTBA S pore Invest Fund LH 1.53 First B'putrm v Nay q145 words
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Article2640 1980-05-01 10 > -1. 1MO ft Low Ceapaay Last 8ale 1 +orGr"« Dtr DW Or Gr's YTd Net P/E Vel (•OOO) Day High Lew SECTION ONE 4 INDUSTRIAL ft COMMERCIAL ro IBS MB MS 324 290 245 2M 116 140 2T0 60 275 3M 187 265 Acma Alcorn Allied2,640 words
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Article1545 1980-05-01 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. nDURUU kai (HQS) Alaaa (USB) (2) 117 cd am Mi (1.328) A1,545 words
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Article210 1980-05-01 10 AJINOMOTO (M) Bkd: AGM to be held at 6>4 miles, Simpang Salak South Baharu, Kuala Lumpur at 9am on Saturday. Malaysia! American Assaraaee Campaay Bkd: AGM to be held at Malaysian American Assurance Training Room, 12th Floor, Chartered Bank Building, 2 Jalan Ampang, Kuala Lumpur, at 11am on210 words
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Article, Illustration557 1980-05-01 10 BHARE prlees Im<»< towards aa easier Maa after a dm epealag at Ike Btagapere stack market yectae *»y. light seiflag farced prteea sightly all their day's beat levels aa praflt titwi aad ■tale balls emerged. With speealatars taklag a greater tatereat la the market,557 words
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Article519 1980-05-01 10 SHARE prices turned slightly easier at the Kuala Lumpur stock market yesterday, after two consecutive sessions of steady gains. Buying support was discerned in the market during the first hour, but thereafter, sellers made their presence felt, especially among the volatile lowerliners. The selling was519 words
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LATEST RESULTS
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24 1980-05-01 10 has reported a group pre-tax profit of M 5547,613 for the six months ended Feb 29, 1980 ($223,021 previously).24 words
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Article43 1980-05-01 10 has reported a pre-tax profit for the year ended Dec 31, 1979, of $7.29 million ($1.38 million). Its directors are recommending a final dividend of 10 per cent less tax (7.5 per cent) to shareholders registered on May 2L43 words
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Article53 1980-05-01 10 has report- Ed an after-tax profit of $23.7 million for the year ended Dec 31,1979. Its directors are recommending a final 35 per cent gross dividend, making a gross distribution of GO per cent for the year. A final gross dividend of 4 cents per preference stock has53 words
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COMPANY NEWS
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Article, Illustration1217 1980-05-01 11 DAVID CHOW - BY DAVID CHOW FAST-GROWING Carlsberg Brewery (M), one of the more remarkable corporate success stories in Malaysia, is now on the threshold of an aggressive thrust into the IMb. The company recently unveiled the third phase of it* expansion programme (coating about1,217 words
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Article646 1980-05-01 11 KOH TSE YING - InM Talk... *y KOH TSE YING THE Singapore stock market will build a firm base from which to launch its next solid advance, if inflationary ptii—ma and interest rates turn easier, says brokiag firm Ong and Company. Meanwhile, the market appears to be making slow horisontal646 words
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Article111 1980-05-01 11 Date La ■tFBlI YM ir CMPM; renfQ Net EPS Grew Pre-tax last year <ee>t» Dtv. Predt <%> (rut) Sealion F 1/3 6.8 5.0 4,057 Apollo Ent F 6/3 7.4 7.5 4,353 Ambassador F 10/4 6.9 7.5 806 A Choc F 17/4 9.7 3.0TE 2,413 Pub Bank F 17/4111 words
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Article315 1980-05-01 11 SIN CHEW Jit Poh (Singapore) has achieved a C.9 per cent growth in pre-tax profit to $134 million for the financial year ended Dec 31,1919, compared with $4.06 million previously. At the group level, pretax profit was marginally higher at 14.36 million, including pre-operatkm315 words
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Article334 1980-05-01 11 JOHAN lliHlagi has yet to submit a letter of approval to the KLSE from the relevant authority regarding its proposed bonus issue of five for one. The exchange wants to know when the proposed rights issue is to be implemented. Malayrta said itjTregfcter of members will be closed334 words
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Article611 1980-05-01 11 Carnal Paymoat Ex Data Booka Cloao Data Total for Total far PayaUo Um yoar Proviaaa yoar A Bat Ttlta Mian R«h Hyd AokaJb Tla Mai Tla BATS Bedford Plaat St St**M C Safari UOL UOL OOF G E Life Ajiaoaoto City Dar Galkrit I C B Shaaari-La CarUUrc611 words
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Article192 1980-05-01 11 CMipujr PutlNlari Bx Date Bsoks Close AHaoMto GKnl St StHa (JOB ocii OUB MaUkoiT T Tnt BnwInJ UtfPlut Bonus Issue of 1 for S Bonus Issue of 1 for 2 Bonus Issue of 1 for 5 Bonus law of 1 for 10 Bonus Issue of l for 3192 words
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Page 11 Advertisements
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Advertisement24 1980-05-01 11 BIEW will be back tomorrow. H« weY °°^S VOW toPV®* tn nfeh Times Dictionary. This P^U°mos^P loda,e 4o «-pr»ced Dictionary. CWnese-tn9W U teo din924 words
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Article429 1980-05-01 12 YOUNG worker» In Singapore must prepare far their future nom by acquiring jktito while they are still able to learn. i Workers who have grown too old to learn new skills wffl not be able to find employment In unskilled Jobs as the429 words
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Article293 1980-05-01 12 AFP THE Malaysian Trade Union Congress, which has dabbed today, May 1, as "Black Day" In protest against the recent government amendments to the labour laws» Is hardly organising any activities to bdebrate the occasion. THw MTUC has also directed its affiliates not to hold theAFP - 293 words
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Article121 1980-05-01 12 AP BRITISH Prime Hotter Margaret Thatcher said en Tuesday that Britain wDI not acne to higher Common Market Cam prices, or on Mtag and energy policies, until ita EEC budget problem la solved. Mrs Tbatctar made the declaration in the Houae of where ahe received atrongAP - 121 words
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Article246 1980-05-01 12 AP JAPANESE wa hers are under contracts to work an average 7 hours 38 minutes a day, except for hmch breaks and overtime, or II hours, 50 minutes a week. The annual report on work contracts was made by the Labour Ministry, which sampled 6,900 companiesAP - 246 words
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182 1980-05-01 12 AP THE Thai government has announced that it will sever business contact with industrial and commercial firms which have a record of ignoring the law, in particular labour laws. In a Labour Day speech. Prime Minister Prem Tinsulanonda said he also hoped that labourAP - 182 words
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Article849 1980-05-01 12 LONDON, Wed. The market closed Ann after a moderately active session, dealers said. At 3 ptn, the FT Index «as up 5.7 at 442.4. After earijr firmness, government bands' slipped point at the lone end on reports a policeman was being held hostage inside the Iranian Embassy in849 words
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Article, Illustration76 1980-05-01 12 Secretary ef State Mgiate Bimud Maskie (left) Mag greeted by PresMaat Carter as Mr Cyras Vaaee (right), Vlee-PreeMeat Meadale (behiad Mr Carter) aad DefCaee Secretary Hareid Brewa (left, partially Mills) leek sa. Mr Maskie san he will ansae peaeefsl meaas Is reselve the traa heetage crisis aadSource: UPI photo - 76 words
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324 1980-05-01 12 Reuter JAPAN'S overall balance of payments deficit in fiscal 1979 which ended last month, was revised downwards to U5518.96 billion trom a preliminary $18.96 billion deficit, the Finance Ministry said. The current account deficit for the fiscal year was revised upwards to $13.93 billionReuter - 324 words
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Article243 1980-05-01 12 AFP PHILIPPINES President Marcos yesterday urged the Asian Development Bank (ADB) to work for "a global commitment to die rational management of energy supplies in the face of disturbing oil related developments that could result in a full-blown war." Addressing the opening of ADB's annual meeting,AFP - 243 words
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185 1980-05-01 12 AFP THE first official dialogue on ecooomic cooperation between India and Asean will begin in Kuala Lumpur on May 15. An Indian delegation, beaded by Mr &ic Gonsalves, secretary general of the External Affairs Ministry, will arrive in the Malaysian capital on MayAFP - 185 words
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Article128 1980-05-01 12 UPI THE United' States has said it would veto a resolution in the United Nations Security Council meeting affirming the Palestinian Arabs' right to establish their own Independent state. The resolution, tabled last night by Tunisia, states that the Palestinians are entitled to return to theirUPI - 128 words
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308 1980-05-01 12 SUMITOMO Bank Ltd haa pcopoeed the creation of a global credit guarantee system to back loans by international commercial banks to non-oil producing less developed countries (LDC), bank officials in Tokyo said. Using funds obtained through fees from borrowing countries, part of the International308 words
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268 1980-05-01 12 AFP INVESTMENT incentives offered foreign companies by developing countries are generally counterproductive and ought to be discouraged, according to a task force of senior officials of rich and poor countries. The panel farmed in Paris and chaired by US Assistant Treasury Secretary Fred Bergsten, proposes toAFP - 268 words
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Page 12 Advertisements
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Advertisement85 1980-05-01 12 "Your articles go right in my files and serve as a report which could have been written by the man involved. No comparison is possible between your daily and any available daily known to me in the world." Dr. Gerard MOngrndre General Representative for South-East Asia Banque de LUnaon Eurapecnne85 words
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Advertisement159 1980-05-01 12 BANDAR RAYA DEVELOPMENTS BERHAD (Incorporated in Malaysia) ANNOUNCEMENT The Directors of Bandar Raya Developments Berhad take pleasure in announcing the audited operating remits of the Compony for the year ended 31 st December, 1979 as follows:— Net Operating Profits before depreciation $7,325,294 $1,425,256 $7,077,636 $1,242,970 Provision for depreciation 38,924 40,628159 words
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Page 12 Miscellaneous
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Miscellaneous66 1980-05-01 12 WEATHER 1 Outlook tor Singapore bom 6 a.m. to 1 p.m. today: Showers in a few places around midday. ■mart tor U IMn pilar to 1M pjt m Apr 91 at the airpart. Maximum temperature 31.1 Associated humidity 74 iflaimma temperature 24.2 Associated humidity 99 Hours of sunshine 3.95 Rainfall66 words
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SHIPPING TIMES
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PORTSIDES
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Article101 1980-05-01 13 Reuter WORLD-WIDE Shipping Group said it will order six new vessels from the China Corporation of Industry at a total cost of around US$lOO million. It said a letter of intend has been signed with the China industry under which the Chinese «hiphniiriing industry will buildReuter - 101 words
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Article99 1980-05-01 13 UPI AN Australian firm has offered Joint venture arrangements for the operation of shipping services, construction of coal-fired ships and supply of high .grade coal, Filipino shipping officials said. Alfonso Villaverde, executive director of the Philippine Slippers' Council, said the offer by top of the Sydney Steamship CoUPI - 99 words
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Article65 1980-05-01 13 Reuter THE state owned shipyard Goetaverken Arendal AB said it has an $85 million order to deliver a semi-submersible drilling rig to Norwegian shipowner Wilhelmsen in first half 1982. The rig is intended for use north of the 62nd parallel on Norway's Continental shelf. Wilhelmsen has a fiveReuter - 65 words
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549 1980-05-01 13 MAJOR DUTCH shipping company Nedlloyd Lines would "really like to withdraw from certain conferences" hut for the resistance it envisages from shippers. This was stated recently by the line's managing director, Mr E A Postuma, in the company's staff paper Parade. Mr549 words
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Article536 1980-05-01 13 liM P >r Cai nwpfiBtLiM i Cai Adriatic IV 5 Fesco V 1/2 Afea VI 3 Flotta Lauro V 5 All trans VI 5 Fortune VI 5 Alpac VI 5 Franco-Belg m 4/5 Angkutan VI 4 Frota Line V 4 ANL I 1 Fujiwara VI 4 APL536 words
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274 1980-05-01 13 A LEFTIST Preaek N«> ma*i trade mtm kM wrtttoa to Preaek hto MMhW MUMt *1* slea chtlrau Ayatr Adrilto-Paali Ike lie el ft Higipew flag aappert chip latergab Ikreeta Fnadi waters. The Ijm gr—tea aklp kM ken helpkg to preveat ail I—Mag274 words
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690 1980-05-01 14 LAST YEAR, the International Transport Workers' Federation (ITF) recovered USH4 million from shipowners underpaying crews of flag of convenience ships, despite the (act that in many cases they had signed agreements to pay ITF-recognised rates. Brain Laughton, secretary of ITF's Special Seafarers' Section,690 words
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341 1980-05-01 14 CONTAINERSHIPS will dominate three-quar-ters of the world's liner trade by the end of the decade compared with the 50 per cent share they hold in 1900. This prediction was made at the recent Greenwich Forum Conference by Mr Michael Graham, ecooomic341 words
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Article995 1980-05-01 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 following995 words
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Article1437 1980-05-01 14 NORTH American grain chartering was on a very small scale on Tuesday with scattered bookings Including a vessel from the US Gulf to west coast Mexico at 135.15 flo and from the Gulf to Angola at 167.50, both with May loading. A cargo was covered from Thundery Bay1,437 words
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Article, Illustration1515 1980-05-01 15 THE imminent death of the Doxford, the only British competitor in the world of large marine diesel engines, and part of British Shipbuilders, is seen by many as a national tragedy. Others, less emotionally involved, wonder why the death sentence has taken1,515 words
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Article, Illustration406 1980-05-01 15 BLFBLTKD AUBTALB TODAY KETPEL WIAEVES Car Ace No. 1 (RO/RO) (0800 after LCT Mandalay) 47 South Centaur (Passenger) (1900 after Sbikiaag) 44 Hakuyo Maru (after Donga) 29/30 King Tower (0100) S3 Lumut (1400 Subject Free Board) 20 East Jurata (0630 Hend west for D/L) SB/30 Nedlloyd <406 words
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3352 1980-05-01 19 iSCHEDPLE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of3,352 words
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Article866 1980-05-01 20 BEGINNING today, Shipping Times will publish a fortnightly report highlighting the conditions in various ports around the world. The report is prepared by the Singapore National Shippers' Council. ALGERIA Algiers. Oran, Skikda k Annaba: April 20, waiting time of between 10-15 days. ANGOLA Luanda: April 30, 7-10866 words
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Article105 1980-05-01 20 COURT ft Greek Mean! af dnei mfineat el iekto ef mglriy US$l J nriUtoa. the detalaed vessel If—rto wu to leave ym>w<»y wttk lH iMfku taaiirta far CUaa witk stops b Skaaghal aad Tiaajto wttk Ike final IfthliHis wi«| ||ke. JMU. BelUfls el tke flasreaw Csart bearded Ike105 words
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315 1980-05-01 20 THE LEVYING of currency adjustment factors by shipping conferences a longrunning bone of contention with shippers' councils throughout the world is the subject of special attention by the Far Eastern Freight Conference (FEJFC). So seriously has the FEFC noted the continuing concern315 words
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167 1980-05-01 20 Reuter LONDON marine insurance underwriters said they have tightened conditions and terms oa which they are prepared to renew policies. The Joint Hull Committee, representing Lloyds Insurance and the Institute of London Underwit lets, said it now requires a warranty be incorporated in all renewalsReuter - 167 words
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Article323 1980-05-01 20 YUGOSLAVIA: Jugolinja has announced its intention to upgrade most of its major liner services as new tonnage becomes available. A further six ships, including two cellular container vessels, are stemmed for the important trans-Atlantic trade to die US while four multi-purpose vessels of around 15,000 dwt are to323 words
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Article1433 1980-05-01 20 The leading shipping lines sperm ting frem local ports and the agents who handle cargo bookings for them. A-B AMMk Caatalaer Continental Feeder* (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/T»N). AIM C. Taepfer Sea Consortium (S) Marlntex Enterprise (PK). Alpac Intrajea (S)/Yeo Shpg1,433 words
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Page 13 Advertisements
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Advertisement294 1980-05-01 13 tTi OHAMARD LIME INDEPENDENT- ATTRACTIVE MATES MEDiTEMMANEAN/EAST ASIA SERVICE ACCBHNQ CONTAINER CAMGO FCL ONLY ,1 <| 'VlWll I fljl If.V *Jl ill. IATTAKIA. IiMAHOL. ISTANBUL 4 PIRAEUS Specially engaged agents A stevedores providing immediate discharge. mmmi tamMMiMia n nt ui TEL *****77 (5 lino) I l< I )l I I294 words
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Advertisement318 1980-05-01 13 til SEAI.ORI) AMAH UASC UNITED ARAB SHIPPING CO SAG/ I iVV'i.j EXPRESS MULTI-PURPOSE SERVICES iracn Hi* (14/5). Abu IVrKIMII RL YMIMMH V.IS r«BUK ¥.17 Kuwait (25/5). Mina Qaboos (28/5) Dubai (7/6). Dammam (10/6). Kuwait (13/6). Shuhaiba (16/6). Dubai (19/6), Damnum (2276). Kuwait (25/6). Abu Dhabi (28/ Kuwait (6/7), Abu Dhabi318 words
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Advertisement28 1980-05-01 13 CUB CONTAINER Schedules II LONDON Freights n/ffl SHIPS Ib Port m SHIPPING List VH REGIONAL Weather VHI WHO Acts Fer Whem VHI WORLD Services VHI PORT CendltftMS Vffl28 words
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Advertisement649 1980-05-01 13 I ~&cnan I Alyon.tn N.thon*tl L int WE SERVE MEDITERRANEAN AND ALGERIAN PORTS Agents: MMORC fMtt ft TMMM MBKTFTL LIB. Te): *****4 (5 lines) SINGAPORE Eg MAERSK LINE TO U.B. PACIFIC. GULF, ATLANTIC, EAST CANADA AND ASIAN PORTS 4-5/5 54/5 11-12/5 13-l*/5 11-11/5 IW/5 25-21/5 27-21/5 1-2/1 2-3/$ S«p»OT Own649 words
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Page 14 Advertisements
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Advertisement429 1980-05-01 14 LEO SHIPPING PTF LTD SINGAPORE PERNAS MISC SHIPPING AGENCIES SDN BHD PORT KFLfING PFNANG -r* 1 M HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALA YUAN NTERNA SHPHNG CORPORATIONBERHAD ESSE!uiISISESSIIiICTBLISIS MISC COASTAL SERVICES SDN. BHD. r ME 4»N/4MMI/4aMl/«23MM»m t M. Pwt Mm let 3875M/8 M 387J79 c me coma,429 words
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Advertisement184 1980-05-01 14 B» SUPERCARRIER SERVICE SSrifcOTMMQStti WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA SINGAPORE CALIFORNIA EXPRESS CONTAINER SERVICE ONLY 22 DAYS ra s/5 0700 1a 4/5 I*o fa 15/5 1700 La 14/5 1900 Fa 31/5 0700 la 30/5 1900 unicorns MI hi MONTHLY SERVICE TO VENEZUELA FROM US ATLANTIC/GULF184 words
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Page 15 Advertisements
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Advertisement564 1980-05-01 15 ■B Containers Limited. r WwMynttlctWfrowi UK/Fwrppt Smkn Te/Fran 1/7 mm mu i u/umr u/ui U tatei in mmi M S*. U1 Ktela IM LM in LAm sua Ul tad** Ul Itan »J7 Im Ul Mmi VM mm LM IMM.SM MM* I ft* Mite 7«te Mlte I Mr Ml* Ik* 71M564 words
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Advertisement262 1980-05-01 15 Franco Bokjuin Services i. .1 c.m.c.r. i i ti 1 1,1 fam t MMI fta VMIB CM TiWb fikr IN am, am, am, lis 23 IN aMr uka Uftp IS ftp atm 7 ftp $m aim Vim Bli SM» Him UM I ft* »M Hl* vim aim umt um im262 words
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Page 16 Advertisements
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Advertisement368 1980-05-01 16 HapagiJoyd «/< EMQS CONVENTIONAL TO BMK I>m PJUtafPwi mm *mm Iflai kmm Man Aahw Mb MM* 3/5 5/5 25/5 4/4 10/« 3/1 1/4 HHm 20/5 2/4 4/4 23/1 7/2 10/2 4/7 1/7 RftlT CONTMOBQ) 10 ffNOA/TMESTI 30/4 3/5 7/5 J/5 25/5 1/4 11/5 20/5 24/S 25/5 15/1 23/S mmn/uNi PWm368 words
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Advertisement393 1980-05-01 16 ALTAM 151* 1/11 May 12/15 Itey FOR IMAM ALTNRIS2E «/li May 12/15 May TO^BUMH MCHON VEGA 149W 30 Miy/2 Am 3/7 km FOR MBAH VESA 149W 30 Miy/2 Am 3/7 IM FOB HBAM lANGKOK v VEGA 150E 30 May/2 Ana 3/7 Jum TOBUSAN PENANG CALL SUBJECT MOUCEMENT scucncacaeacaeacacacacacacKscactscacKxtscat SUB-AGENTS: P.393 words
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Advertisement371 1980-05-01 16 I (7) evergreen line f AH AS! HIROPf I HPR( SS Hill CONIAiNI R SIRVIU 1 ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP L£ HAVRE ALSO ACCFPTBIG CARGO FOR; SBOTUrIttrtONOO* MANCHESTER, BMMWGIIAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY HMHUVCN HOLLAND AMSTTRQAM »«i *W mi Ew Iff 4 am Ulm IS371 words
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Advertisement337 1980-05-01 16 'iverett Lines/ "BURMESE NATIONAL LINE' LOMXN6 FOR RANGOON tnmt z/tMp m M/bmp IVUMT B.FS.S.C Ag*nn r> Matey**: TEPS MALAYSIA Mr mill IhwUmimHS. A. C.IF. "ARGENTINE NATIONAL LINE" LOAOME FOR CAfCTOMN, HOBS MB u W7SL Ti—pwlirif Mniliw Mininrt t ft "MEXICAN NATIONAL LINE" FA* EAST/MEBCO ft COITMI AMERICA SERVICE TMM HvMfk337 words
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Advertisement223 1980-05-01 16 nao.s.E OCEAN SHIPPING ENTERPRISES PTE ITD SANKYO LINE AUSTRALIA SERVICE li/wir jSfIS 11/12 Jm 11/15 Jm VHMBLi JAPAN/STRAUS SERVICE IMMU X 4/5 My 54TW 4/5 Iky 3/4 M* MM 15/12 Iter IVI4M* mm 5/11 ftby 12/Ulkp SBin mS^F^mimnTanm' ***** rRMVLOIR. M7l/4 Shb MjnwSSTtMiNßim'cnn turn K 1 K ARLA(\JDEO Lif\iE AUSTRALIA223 words
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Page 17 Advertisements
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Advertisement380 1980-05-01 17 PIL GROUP EAST ftrRICA/REDSEA SERVICE x COLOMBO/KARACHI P. GULF SERVICE m*Ml* to PI/2 M* SINGAPORE/CHITTAGONU/RANGOON/SERVICES Singapore 4/6 May SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES i /■'ll S E.A Container Feeder Service SIN JKT SIN HKG MAN ACCFPTABLE LCL/FCL CONTAINERS Pakistan National Shipping Corpn. Karachi rr' ftI c Pan Islamic Steamship Co.380 words
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Advertisement642 1980-05-01 17 yjrJ BEN LINE CONTAINERS ana* contmnb ma to/fiom awft B£L fototo 5/5 11/5 B*lta 14/5 15/5 RratHn 21/5 Ma trMK IKMEN MM NMK SOTO* WGarauftj/ IWstruWwp Fraact MUK 2J/5 M/ 5 IV* *7/5 */5 11/5 t/l VI %/t in 5/5 VI 1M 2a VI vi vi na ua U/« l«/»642 words
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Advertisement418 1980-05-01 17 Scan Dutch V TO MID/UK/MC/SgAM DVataWtai 3)Ktar|4)C'k«l u/» nn a/i un v n i/t vi vi 2/1 7/1 M/l l/t IM IVI U/I 17/1 IV* Wt B/t H/l a/i im 1/7 V 7 1/7 7/7 1/7 11/7 V 7 M/ 7 11/7 17/7 MiiM*ealßCMi ''^'iSrTriSSiffw? SJ3S?" ffiPM SCAH/HC/UK/MIP NMI i)«W|2)irta|i)r«aor*B418 words
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Advertisement188 1980-05-01 17 r BOUSTEAO /K ()Hl ILS. GULF COAST SERVICE (Vtew (Means, Mobil, Hnblor, Ga hum irun <«u* i 17/11 Majr 11/9 May (Stattte, Tacomi, Vmcmmt 8.C., Pwtwd, Lmpiiw LMfbnch, Lot tapfe, Sm FraKbca) 3 is -11? Tafc S'poc* *****4 (Soles: *****9/*****5) K.L. *****2 7*T\ "zr rrrr d Express unitkwd scnrkts from188 words
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Page 18 Advertisements
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Advertisement334 1980-05-01 18 K LINE sebsem 'A n im wu: r.M LNMK f<n IfhMC 21/5 22/5 27/5 29/5 27/5 29/5 31/5 1/1 4/9 VI 4/1 9/9 9/1 11/1 1/9 V 9 13/9 14/9 17/9 IV* 14/9 lt/l 19/9 21/9 r 9MM of Ma» Jnm* Mb*, Ihwa mt U Mat) AGENTS: S'POtE mrtm acekes334 words
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Advertisement264 1980-05-01 18 ttftl »*m II Mm Sim lite 17 te 11 Mr JMy aka lit# Jim t»m an» nt* US* IS* ism MM lIM I Oct I Oct Htm imu 9F w— amUm Sz: VC m— aw* ttte Kfei a/an* Jtm U/Ute 25 3S a* a* N V7M u:(M i u T*~r-*264 words
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Advertisement372 1980-05-01 18 Mill! IM VII .A < r<m|> SINGAPORE SHIPPING AGENCIES PTE LTD m I AN tl I Nu S N A K t 1 S» S SI 1 St .'SS« A H A« 4 >'l AH. I A*.. »SH»J Cniilnincr IJiick WtEKIY CONTAINER SERVICE Wfhony BANGKOK —nr in/2M Mn/iMy mnr ay372 words
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Advertisement321 1980-05-01 18 fj\ QRANARD LINE INDEPENDENT ATTRACTIVE RATES U MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO- fCL ONLY FOR. PORT SAID. ALEXANDRIA. BEIRUT. lATTAKIA. UMASSOL ISTANBUL A PIRAEUS Sptdatty tßgagßi ogatt A ttnodom providing immediate discharge Mmarwiw SfS» jS? •fRV.MTUV.aB BMI3NB V.4OV fwyMMtl iIiiARMAM* STRAITS/EAST AM SINCE rpi P. W"l mv.BMmv.sif fitaf321 words
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Advertisement163 1980-05-01 18 iNYRASEA (PTE) LTD yjf REGULAR INDEPENDENT SEMI/FUU. CONTAINER SERVICE TO EUROPE rMM P. Mm fmm M «79 fcfet faW ggW wn 17 Mn UMr nmm iJLI C 3 If. 3MA lk b rr mmmm hsl :|1 frS.vi iMhM IMtattTfif StfKMO ktST itwn nmt ujm 17** SIM lIK 9M MM* life*163 words
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Page 19 Advertisements
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Advertisement387 1980-05-01 19 TO EUROPE/UK (VIA SUEZ): t acne 2/5 S.S. BRDGE+ 8/5 ft CORAL 16/5 C. CONIMO 20/5 K iACEJM 25/5 N.PEML 3/6 Containers Feeder ed to/from F'stowe Also accepting cargo to/from Scandinavia SS BRIDGE S pore Closing Times: Fa Cargo 0800 7/5 LCL Cargo 2000 6/5 TO ANO FROM AUSTRALIA: JAKARTA.387 words
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Page 20 Advertisements
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Advertisement221 1980-05-01 20 WORLD LINE EXPRESS REGULAR SERVICES JAPAN/HONGKONG/STRAITS t* mm/man/mm/mm G«w* imm tw "SMMf" Vor L-35 Ml bt hdd on 3rd Mty tO *t to. 302 trow 09:00 I* 12:00 Nt tarther mttf ■< kc hctt KARLAMDER (AUSTRALIA) PTY. LTD. rtfliw cwtaewr sanfct few East tafrafan p*h im $f*»r s>m f jmhi221 words
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Page 20 Miscellaneous
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Miscellaneous163 1980-05-01 20 Regional Weather &«&&< X- •:":-Xvv" ••K KY» x V--: S3 2=3 A < .JVT-X--54 v 1 TMf i v X t m ±1 #1 j'* i- >} Y i™ m ;:>•:' IV r m: v 100E •MMFICANT WEATHER AND SEA COMOmOMS AT 7JO A.M. THW MORNMO. *c jA Wind direction163 words
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