The Business Times, 6 May 1980

Microfilm: NL10631
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C4P) N*. 111/1/8# TUESDAY, MAT t, IIM 50CENTS
    10 words
  • BRIEFLY...
    • Article
      Lock icon Louder 'Voice'
      72 1 AFP KUALA LUMPUR, Mon. "Suara Malaysia" (Voice of Malaysia) the overseas service erf Radio and Television Malaysia (RTM) is to be beamed to more countries in Asia and later to Europe, Information Minister Datuk Mohamed Rahmat said today. The Asian countries would include those in the Indo-chinese peninsula
      AFP  -  72 words
    • Article
      Lock icon Unrest consequences
      67 1 AFP NEW DELHI, Mon. India lost an estimated 37.10 million man-days last year mainly due to labour pm—*■ The loss was the Mghest in the past decade, published reports said, quoting Labour Bureau statistics. The statistics showed a systematically rising trend in loss of man-days during the past
      AFP  -  67 words
    • Article
      Opening date
      66 1 KUALA LUMPUR, Mon. The Ms 22 million Tun Ismail Atomic Research Centre (Puspati) is expected to be operational in December next year, Science, Technology and Environment Minister Tan Sri Ong Kee Hui said today. He said he is satisfied with the progress of work and the atomic reactor
      66 words
    • Article
      Lock icon Agnelli speaks out
      100 1 AP FLORENCE, Man. Mr Giovanni Agnelli, president of the giant Fiat car company, told the opening session of the International Press Institute assembly that "gunboats would probably have had their say in Iran if it hadn't been for the mass media as a substitute for diplomacy." Mr
      AP  -  100 words
    • Article
      Lock icon Caramonlis wins
      46 1 UPI ATHENS, Mob. Premier Constantine Caramanlis won election as Greece's president. By 183 votes. Parliament elected him to the. top tab in the republic he was instrumental in founding six years ago. The 73-year-old prime minister's 183 votes were three more than the three-
      UPI  -  46 words
    • Article
      Lock icon West Bank civil unrest
      74 1 UPI JERUSALEM, Mon. Israeli troops fired into the air and launched teargas grenades to break up Palestinian demonstrations in a crackdown on mounting civil unrest in the occupied West Bank. Israel barred commercial strikes, banned meetings by West Bank leaders and re-imposed censorship restrictions on Arab
      UPI  -  74 words
    • Article
      Lock icon Dow Jones
      54 1 AP NEW YORK, Moil Stock prices were mixed amid evidence the US recession may be a deep one. The Dow Jones average of 30 industrials was down 330 to 807.42 in the first half hour, but advancing stocks outnumbered decline» by a 3 to 2 margin on the
      AP  -  54 words
  • Article
    Chief Price Changes
    124 1 Ritas Indices if nit 99i mpfmfv 640 1120 +38 +20 Apr 2 May 5 B.T.Indicator: 4202.17 4256.93 IfMf 969 749 490 488 15 Industrials: 471.97 472.96 Ni0W Cwpa 10 +8 Finance: 842.51 843.14 IC L Kcpoof +8 Hotels: 414.33 C14.99 0 U B 446 8 Properties 339.12
    124 words
  • Article, Illustration
    KUALA LUMPUR
    143 1 Rises Indices Bedford +130 May 2 May 5 Pac Dev 300 +60 B.T. Index: 7311.81 7388.66 U Cables 332 +32 Industrials: 517.56 549.23 Rahman Hy 730 +20 Finance: 744.61 752.15 S Trading 1140 +20 Hotels: 331.11 331.59 Hold 255 15 Properties: 361.37 362.24 E* AI 275 11 Tins:
    143 words
  • Article
    Entry of foreign law firms soon
    751 1  -  LAW SOCIETY OBJECTION By MARGARET THOMAS THE Government is about to reverse a long-standing policy on the admission of foreign law firms into Singapore. In a move which lends support to the recently announced goal of making the Republic an international funds management centre,
    751 words
  • Article
    OUB forms joint venture with
    204 1 ,/> THE «win—r fl# ttm Big Four local basks la Stag*pore, Overseas Union Bank (OUB), has made its first major thrust into residential property development with a joint venture project with Cathay Organisation. In the bank's annual report far the financial year ended Dec 31,
    204 words
  • Article
    Morgans against Hang Fine offer
    471 1  -  '■w ANTHONY YAN UNITED Industrial Corporation shartholdsrs were yesterday advised by Morgan CkenfeO, the company's advisers, not to accept the 14.50 cash offer by Hang Fine. Some »w—«tiww of the UIC board, Including chairman Lee Kim Yew, have already rejected the afler. The others are
    471 words
  • Article
    Chase cuts prime again
    296 1 US prime lending rates, which reached an unprecedented 20 per cent only early last month, are now moving rapidly on a downtrend. Chase Manhattan, the third largest American bank, yesterday announced in New York that it is cutting its prime lending rate to 18 per cent
    296 words
  • Article
    Big audit firms adopting five-day work week
    185 1 THE Irani towards a fiveday «wklif week k ■II» wit natw I» eat Satarday «ff (h* wwrk sokedato. By My 1 (Ms yet», rtxrflke mm Mggesl Mdtt bw tai Btaga> nn wiH ke MmflM five-day work wask. H» Unt to km rig» ■ailed
    185 words
  • Article
    Hong Leong may grant loans under SIFS
    445 1  -  By RUTH CHENG THE Economic Development Board (EDB) appears to be taking an interest in recruitiag finance companies to {day a part in the development of small Industries in Singapore. Agreement has been readied with Hong Leong Finance to participate in the Small
    445 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      46 1 Corporation For all types of n_ Culinary (Oriental KakiCMMiaUai and European) T«l: 434TH4MIM I P! M f Wfcole. Tdu: RS 24*74 A/B RAKICOR niM«d. kerb*. Catte "RAKICORP" aeeda.roots, apices f««* w»*P«la«a. n«r«WM MuatrW CslMt M Umm Tel: ***** Wanu/acturer, Caatc "Rakicork" joiiort i*hru miller and atockiata.
      46 words
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      Page 1 Advertisements Column 2
      24 1 L L 1 1T 4 t L J» Li FIAAAHAMIA TaMMMJi CmI&AMI uectromc lyping system AES ■ji 60 ORCHARD RO. SPORE 0923 TEL *****2
      24 words
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      Page 1 Advertisements Column 3
      55 1 @,)<[!!|-_`])$[]{/,`=+"{_.']`]) \mm SHIPPING TIMES The f—ditto— «f Awm i>p>i TAT Lee teea epee fer nbretottoai.. ecr1pttea................................... 11 INTERNATIONAL latere* rate 810 aew betel prejeet cemiag PAN Malayaal right, will NUGAN Haad (HK) gets wladlewer NTA per 11 lag ap erder.............................. IS AIRCRAFT i. TV AND RADIO I, CBO6BWOBDI WHERE TO
      55 words
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      Page 1 Advertisements Column 4
      152 1 RICOH Plain paper cop«ers Preferred by offlcwwoddwfde CALL *****6. fV) Wywy Private Limited mmm Wywy House, 17 Ler>g Km Road. Singapore 0315. KLM The reliable airline erf Holland to get to the UlIC? KLMfc home-base offers you ■Eilirmi 3igMfl»gs«Ti*Tl in the UK. and Ireland! irmrrn Midlands Bjrtninghsm 9, Cardiff# Bristol
      152 words
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  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      421 2 SEMINARS AND COURSES May 7: Zero Based Budgeting, Hilton Hotel, Consulasia May 7-8: Credit Management, Century Park Sheraton, Oedit Bureau Pte Ltd May 8-9: Effective Sales Management, Shangri-La Hotel, Price Waterhouse May 8-9: Sales Refresher and Development, Hilton Hotel, Consulasia May 12-15: Successful Sales Management, Hilton Hotel, Consulasia
      421 words
    • Article
      Industrial relations in the Eighties
      451 2 IMPROVING managerial and leadership skills is just as important as upgrading technical skills if Singapore is to achieve excellency in industrial relations. Apart from the Judicious use of incentives, the resources of the Skills Development Fund could be drawn upon to promote the development of
      451 words
    • Article
      Unicorn markets diamonds on wholesale basis
      300 2 UNICORN Industries, a British-based group of companies has set up an office in Singapore to market gem diamonds to wholesalers. Unicorn Diamond Products win begin operations in February. Unlike other wholesalers, the firm will supply specialty and certified dUm—i» fa addition to its usual
      300 words
    • Article
      Extension of Clean Air Act
      87 2 THE existing schedule under the Clean Air Ad has been extended to Include premises used for the storage of large quantities of toxic and otner volatile chemical compounds. With this amendment, which takes effect today, the written permission of the director of Air Pollution Control
      87 words
    • Article
      EN series
      53 2 THE public will be invited to submit their bids for car registration numbers in the EN series, from EN 1 to 6,000, from Monday to May 17. The minimum amount for a bid is $250 and must be done on prescribed forms obtainable at the Registry of Vehicles
      53 words
    • Article, Illustration
      Electrically-operated air purifiers
      343 2 THIS little gadget, no larger than a table lamp, can help you feel invigorated apart from getting rid of toxic particles fa the air. The manufacturers of VIT AR air cleaner claims all these and more. This electrically operated air purifying gadget is also notsdess, draft-free and
      343 words
    • Article, Illustration
      Sales worth $1.5 m
      263 2 MORE than *L 5 mfllkm worth of products were sold or ordered during the fourday International Leather Pair which ended yesterday. In addition, about onethird of the exhibitors have booked 2,000 square metres of display area for the next show in ISC. This is larger than
      263 words
    • Article, Illustration
      Brazilian airline leases SIA aircraft
      152 2 SHOWN below is the fifth DCIO aircraft to leave Singapore Airline's fleet for service in South America. It is the third DCIO from SIA to be leased to Varig Airlines through the International Lease Finance Corporation of California. After its flight from Perth on March
      152 words
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  • REGIONAL
    • Article
      Lock icon Joint venture refinery starts production in S. Korea
      303 3 Reuter A SOUTH korean-Iranian joint venture oil refinery has started production with a daily capacity of €0,000 barrels, a spokesman for the Korea-Iran Petroleum Co Ltd (Kipco) said. The refinery, in the town of Onsan, is a 50-50 Joint venture between Sangyong
      Reuter  -  303 words
    • Article
      Lock icon No significant effects from new oil prices
      272 3 AFP THE 50 per cent domestic oil price increases in Indonesia had caused insignificant price hikes of certain commodities alone, Mining Minister Dr Subroto said yesterday. He held talks with President Suharto on the effects of the oil price increases in the general
      AFP  -  272 words
    • Article
      Petronas production sharing agreement
      138 3 MALAYSIA'S national oil company, Petronas, has signed a production-sharing agreement with BP Petroleum Development, Oceanic Exploration and Development and Petronas Carigali, covering an area offshore Sabah, East Malaysia. Petronas chairman Tan Sri Abdullah SaUeh says Petronas Carigali (Petronas's exploration unit), BP and Oceanic will be the
      138 words
    • Article
      Lock icon Khmers dismiss reports of change in Asean stand
      322 3 AFP KHMER Raage Prime Minister Khtea Sampkaa has brushed off reporta that the Aasaclatlau M aonth east Asian Nations may with* draw Its sappart from Ma guerilla army la a Mi to resolve the Kamparhiiun eeafllet with Vietnam. Bat Mr KMea wan»
      AFP  -  322 words
    • Article
      Lock icon Air NZ signs MAS engine deal
      89 3 Renter AIR New Zealand has signed NZ$2.5 million contract to continue overhauling the General Electric DC 10 engines of the Malaysian Airline System for the next three years. The contract was signed after the government's decision last week to have RollsRoyce rather than General
      Renter  -  89 words
    • THE REGION IN BRIEF
      • Article
        Lock icon KL-SEOUL TAX PACT
        467 3 Agencies MALAYSIA and South Korea have initialled an agreement to avoid double taxation and prevent tax evasion. The Malaysian Finance Ministry says the agreement would help trade and investments between the two countries. NORTH and Seath Kerea heM their rixth reand of preliminary talks today te work
        Agencies  -  467 words
    • Article, Illustration
      Lock icon THE COCA COLA CROWD
      66 3 A Chinese crowd leeldag at Ceca Cela's premotiu pesters outside a store in BeijUg en Sunday. A sales girl at the store said, "It tastes like medicine." Imparted and distrlbated by China Cereal and Oil Impert aad Expert Corporation, Ceke Is new available to the Chiaeee
      Source: AP photo  -  66 words
    • Article
      Lock icon India acts to clear agitation in Assam
      413 3 AFP THE Indian federal government yesterday gave the first definite offer to the Assam agitation leaders that may resolve the eight-month-old agitation against immigrant workers in Assam and other north-east-ern states. Interior Minister Zail Singh announced in Chandigarh, north India, that such immigrant
      AFP  -  413 words
    • Article
      Thai Int'l told to stay out of hotel project
      335 3 THE Thai Finance Ministry has vetoed Thai International's participation in a proposed airport hotel project. The airline was to have taken up 49 per cent of the shares on a US$l5 million hotel project in Bangkok. Now, Thai International has been
      335 words
    • Article
      M'sia to control job agencies
      239 3 THE Malaysian government will soon consider legislation to regulate and control the activities of private employment agencies in the country. Labour and Manpower Minister Datuk Richard Ho said this was necessary to protect innocent members of the public from being cheated by certain unscrupulous agencies.
      239 words
    • Article
      Lock icon AUSTRALIAN COAL DISPUTE WORSENS
      153 3 Reuter THE coal industry dispute affecting New South Wales (NSW) and Queensland appeared to be escalating yesterday with more mines closed and more miners locked out. In a new development, union officials at mines operated by the NSW State Electricity Commission to supply the state's power
      Reuter  -  153 words
    • Article
      Lock icon Japan to honour petrochem deal
      362 3 UPI JAPAN plans to complete a US$3 billion Joint petrochemical project in Iran even though the Islamic nation has ordered Japanese project officials to leave the country. "The Japanese government has instructed me to face matters in Teheran on the basis that Japan will continue
      UPI  -  362 words
    • Article
      Lock icon Ohira addresses Canadian House
      350 3 UPI JAPANESE Prime Minister Masayoshl Ohira was yesterday officially welcomed to Canada before addressing a Joint session of the House of Commons and Senate. Mr Ohira actually arrived on Sunday afternoon to begin his three-day visit. He was met on arrival by the External Affairs Department's
      UPI  -  350 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      7 3 E/otic a Food (ttnvw kVwvti^ 1,1 asaBBHHi
      7 words
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      Page 3 Advertisements Column 2
      328 3 World Wide Richard Ellis C H Williams (Pte) Ltd International Property Consultants 2406 Shaw Centre, Scotts Road, Sinqapore 0922 Telephone *****55 Telex R*****8 The Arcade Whole floor office premises of 7606 sq ft or reduced areas from 1045 sq ft. Completion in end 1980. Shenton House 4000 sq ft on
      328 words
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  • RAW MATERIALS
    • Article
      Cadbury offers to aid Malaysia in cocoa research
      1082 4 MALAYSIAN cocoa producers are extremely well-placed to become major world suppliers if they can improve the quality of their beans. This is the message that was conveyed by a team of high-powered buyers from Cadbury Schweppes, the giant UK-based manufacturers of chocolate
      1,082 words
    • Article
      Lock icon Surplus of copper forecast
      393 4 Reuter WESTERN world refined copper production is forecast to exceed consumption in 1980 by 138,000 tonnes and in 1961 by 522,000 tonnes, according to a report issued by Amalgamated Metal Trading Ltd in London. The report, entitled Copper Trends, forecasts refined production rising to 7.17 million
      Reuter  -  393 words
    • Article
      Lock icon JAPANESE INCREASE
      171 4 Reuter THE NUMBER of Japanese commodity dealers trading in Hongkong can be expected to double and possibly treble in the next months from 10 at present, Hongkong Japanese Commodity Club spokesman Akiharu Noda said in Hongkong. He predicted this could considerably increase turnover on the existing soybean cotton
      Reuter  -  171 words
    • Article
      Lock icon Manila plan
      173 4 Reuter THE PLANNED Philippine government textile industry rationalisation scheme will involve the replacement or refurbishing of about 600,000 spindles from an estimated total 1.1 million in the industry, Roberto Ongpin, Philippine Industry Minister said. This will result in an up to 45 per cent increase in production, without
      Reuter  -  173 words
    • Article
      RUBBER
      168 4 THE SINGAPORE market closed higher yesterday with May One RSS buyers quoted at 302.50 cents per kilo, up 5.50 cents from last Friday's close, dealers said. Morning prices were marked up slightly on news of the GSA stockpile announcement and some forward enquiry, they said. Afternooo prices were marked
      168 words
    • Article
      RAS PRICES
      300 4 R AJS, prices in centa per kilo yesterday: (par kilo) (par kilo) Int. 1 R-S.S prompt J o b. MJI Int. 1 R-S.S May MJI lac 1 R-S S June 307.00 tot 2 RJ5J5. MJO uk/Oom moo Int. 3 RSS mOO UK/cmt moo Int. 4 R-S.S moo UK/Coat
      300 words
    • Article
      SSR and SMR
      95 4 NOON SSR and 81 KR prim murdar HAS SSR 30 (1-toa pall* SSR 50 (l-*m pdbt May (Carnal laim 8« moo 277.00 Mtk) illara MLOON 279 00N Jim (Forward Bayara 282-00 «mo Mtk) •Iter* 284.00N Ml.OON Mil LB May Jat SMRCV SMRL SMR 5 1 smk cp
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    • BRIEFLY
      • Article
        U.S. ACTION
        357 4 THE U.S. will keep grain sales to the Soviet Union at a minimum for moat of next year because of the Soviet military presence in Afghanistan, Agriculture Secretary Bob Bergland said. In doing so the US would still be honouring a fiveyear grain supply agreement between the two
        357 words
    • Article
      RICE
      242 4 SINGAPORE: Yesterday's closing prices in S| per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.05, 100 per cent second class 0.90, 100 per cent third class OJB, 25 per cent new crop 0 JO, B-10 per cent 0.68. THAI BROKEN: A-super 0.63, Special no
      242 words
    • Article
      TEXTILES
      195 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down} Cottsa yam: China Blue Phoenix 90s U10; 32s 2,715, 40s 2,900 (per bale of 400 lbs). Ptoee gosds: Chins Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower snd Butterfly
      195 words
    • Article
      Produce exchange
      125 4 CHINESE Pradaee Exchange, fagspsin, etaalng prices per IN kflo yesterday: Cees—t all: Bulk fob $140.50 sellers, old drum (in second hand drum) fob $150.50 sellers, new drum fob $157.00 sellers. Copra: Mixed (loose) ».00 buyers. Pepper: Muntok white pepper fob Asta NLW $505.00 sellers, Sarawak white pepper faq
      125 words
    • Article
      CLOSING PRICES
      37 4 Robber: May 5 Singapore: May: 302JM) cents (op 5.50 cents) Malaysia: May: 310.00 cents (up 7.00) Tin: M$2,334 (down $6) (equivalent to $38.59 per kilo) (down 10 cents) Official offering: 177 tonnes (up 50*4 tonnes)
      37 words
    • Article
      Straits Tin
      143 4 THE Straits tla price ta Ptaing yesterday MMi MH par pleal to IMM, $1» abave the lateraattml Tli Agreeaseat celling, dealers said. Ike asstaess reflected esrreetlea to last Satarday's sharp rise aai irtltlml sappties at tla eeaeeatratea tram Taraever rsae to 171 taaaes tram llfVi tames as Satarday
      143 words
    • Article
      PALM OIL
      80 4 THE MARKET in Kuala Lumpur yesterday remained easier, although recovering slightly in late trading on covering at the lower levels, dealers said. In the north, the May position picked up, but still closed Mslo lower from Friday's level to $870 per tonne while in the south and central
      80 words
  • ASIAN STOCKS
    • Article
      Lock icon Dull opening
      337 4 HONGKONG Source: SHK Securities THE MARKET opened on a dull note yesterday with no features. The Hang Seng index was down 5.67 at 11 am before some life returned to see the market closing the morning 1.66 points down. Morning turnover was HK$3l million. The afternoon saw sustained
      Source: SHK Securities  -  337 words
    • Article
      Sydney
      348 4 SPECULATION of another round of oil price rises following the Opec meeting next week saw oil stocks return to centre stage In otherwise lacklustre trading yesterday, brokers said. Surat Basin oil discoverer, Hartogen, led the rally with a 15-cent rise to A 53.60 while Cooper Basin partners Santos and
      348 words
    • Article
      Manila
      119 4 STOCK prices continued to fall yesterday, but turnover rose from Friday's 1.9 million pesos to 2.1 million, dealers said. MAY OS 1 Pesos Acoje Mining 0068 -0 0001 Atlas Con A Alias Con. B 33.75 -0 75 Bjguio Gold 0064 -0 000* Ben|urt Con B 10 00 BK Goodrich
      119 words
    • Article
      Selected indices
      28 4 HJC.HANO SENO Mond.y 868.40 Friday 854.22 Week Ami ***** SYDNEY INDUSTRIALS Monday 500.52 Friday 801.00 Week Aao 601.10 8 781.03 FVlrt.y 783 80 Week Ago *****
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      Page 4 Advertisements Column 1
      433 4 Businessmen, Are You Getting Your Share of the Billion Oil Industry? The South East Asia Oi 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 coverage
      433 words
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  • OVERSEAS
    • Article
      Lock icon Leaders fail to agree on West Bank security again
      340 5 Reuter UPI HEADS of the Israeli, Egyptian and US delegations to talks on Palestinian autonomy again (ailed to agree on the controversial question of security in the brad-occu-pied West Bank and Gaza An Israeli official said the negotiators, Israeli Interior Minister
      Reuter; UPI  -  340 words
    • Article
      Lock icon Iran calls for inquiry into Afghan situation
      176 5 Reuter IRANIAN President Abolhassan Bani-Sadr has presented Cuban Foreign Minister Iskkro Malxnicra with an Iranian proposal for a five-nation inquiry into the Afghanistan situation, the official Pars News Agency reported. He suggested that five non-aligned countries three Muslim and two nonMuslim should investigate
      Reuter  -  176 words
    • Article, Illustration
      Lock icon Carter in move to smoothen rocky relationships
      473 5 UPI PRESIDENT Carter's weekend discussions at Camp David with his top foreign policy advisers centred on smoothing the sometimes rocky relationships between the White House and the State and Defence Departments. The President held "useful" discussions with Secretary of State-designate Edmund Muskie on
      UPI; Source: AP photo  -  473 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      731 5 ARRIVALS Service Local Operator Namber Use Froa FT SIA/BA MAS MAS su MAS 171 SQ/BA17 MHG21 MH607 SQ101 MH671 0710 0800 0835 0830 0815 0930 JFK/ORD/TPE LHR/BAH PEN KUL KUL PEN/KUL SIA SQ211 CAL C1814 RBA BI427 CPA CX710 GIA GA90O MAS MH605 SIA SQ103 GIA GA944
      731 words
    • Article
      Lock icon US in stronger position to maintain ties with Mid East
      402 5 AP THE UNITED States is in a stronger position than the Soviets to establish and maintain strong economic and political ties with the oil-rich Middle East, according to a series of US congressional studies released by the joint economic committee
      AP  -  402 words
    • Article
      Lock icon Lome Convention meeting this week
      182 5 Reuter MINISTERS and other representatives from the European Economic Community (EEC) and the African, Caribbean and Pacific (ACP) countries meet in Nairobi this week to discuss the implementation of the second Lome Convention (Lome II), which is expected to come into force later this year.
      Reuter  -  182 words
    • Article
      Lock icon Saudis will tailor oil output to own needs
      706 5 Reuter SAUDI Arabia's Oil Minister, Sheikh Ahmed Zaki Yamani, has been quoted as saying his country is determined to tailor oil production to Saudi economic development needs and world requirements. "Saudi Arabia is capable of raising output to the maximum possible level,"
      Reuter  -  706 words
    • Article
      Lock icon A new military move to free hostages unlikely
      235 5 Reuter PRESIDENT Carter met British Foreign Secretary Lord Carrington yesterday in his first appointment since returning from two days of talks at Camp David with foreign policy advisers on the American hostage crisis in Iran. The White House said the talks at
      Reuter  -  235 words
    • WORLD IN BRIEF
      • Article
        Lock icon CABINET RESHUFFLE
        353 5 Agencies EGYPTIAN President Anwar Sadat will announce a cabinet reshuffle this month as part of major domestic changes, editor of the weekly magazine October said. Mr Anis Mansour, a close confidant of President Sadat, said the reshuffle would create a streamlimed cabinet with fewer ministers. BAHRAIN will begin
        Agencies  -  353 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      163 5 •?> 2k <*z X >Ttot :<> <*-• f %i47XA*S*2f i u Letts Diaries~the memorable way to mix business with pleasure The business gift should be something that shows you've thought about your customers and clients. A gift that's a welcome and constant reminder of you and your company. And the
      163 words
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  • Article
    He who pays calls the tune
    343 6 THE CASE that local lawyers put up for maintaining the status quo in regard to their monopoly of legal business in Singapore is predicated on an untenable basis. The general argument so often raised in defence of keeping the law courts barred to all
    343 words
  • Article
    Case for holding on to UIC shares
    307 6 SHAREHOLDERS of United Industrial Corporation have been battered with pieces of paper for the past three months and now have to contend with a 19-page document from their company's advisers, Morgan Grenfell (Asia). This last is a splendid example of a merchant bank
    307 words
  • Article, Illustration
    Lock icon FOUNDATION FIRMLY LAID
    1543 6  -  The first of a three-part serial on Japan's relations with the Asean Five by A. KADIR JASIN A. KADIR JASIN Depthnews WHEN China's Deputy Prime Minister Gu Mu visited Japan in autumn last year to hold further discussions on JapanChina economic cooperation, the Japanese newspapers announced in
    Depthnews  -  1,543 words
  • Article
    STRAWS IN THE WIND
    314 6 "PEACE, Happiness and Prosperity" are not the Chinese blessings traditionally found over a doorway but the name of a little booklet published monthly by Japan's PHP Institute International Inc. Though the publishers do not claim that it is Asia's version of the Reader's Digest, its contents
    314 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      167 6 Wendy Hutton's SINGAPORE mTiIT M ....more than just a cookbook! Here, tar the first time, is a local that gives you more thin just recipes. More, too, than lots of fasanatinf and relevant information about Sbgaporean inpedtents and cooiunf methods. Singapore Food is unique because n puts Singapore's famed cuisine
      167 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1310 6 183 The sibilants C and S GIUUGAN ui the mtmji «a the Uh easta ways m the Uui dad team. A serlee spee theawelvM hi a gsator had daeed ts make the •pet tsday. Bat, as always, ef Maadarla a pteai their aUertaM will pra> slightly renhdeeeal Htmyu Playla with
      1,310 words
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  • Article, Illustration
    Lock icon Economic problems threaten Bonn's new role
    1736 7  -  By JONATHAN CARR FT WEST GERMANY is trapped between two pressures likely to increase in coming months. On the one band, the country's growing international political weight is bringing larger burdens, not least because of the Afghan crisis. On the, otter, its economic pQafcfoff
    FT; Source: Bundesbank  -  1,736 words
  • Article
    Lock icon Pares still exorbitant
    640 7  -  By ROBERT TRAUTMAN Reuter "2. q ATTEMPTS» by^,British airlines to end high air fares the most expensive in the" Utfrfd appear to be (ailing. Three airlines applied (or permission (or cheap (lights that would cut (ares by up to 80 per cent, but only one has met
    Reuter  -  640 words
  • Article
    Lock icon Never complain, explain or apologise
    879 7  -  FORUM, with JAMES RESTON NYT PRESIDENT Carter has changed in appearance during the struggles of the last three years. He looks thinner and more than three years older and he seems a little sadder. But his mood in private conversation is confident even serene, despite
    NYT  -  879 words
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      Page 7 Advertisements Column 1
      121 7 Ifseasy tofallin love with the East Coast-and the Hyatt Kuantan. Quiet beaches and lagoons; picturesque Tasek Chini; moonlit nights; swaying palms and a brilliant sunrise every morning. An international deluxe hotel; on the sheltered bay of Telok Chempedak; full conference and recreational facilities. Hugo's elegant specialty restaurant Regency Club a
      121 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      54 7 BHStoW": FsuJc Ehcte^l \f IS PK3ROEO TMeM TURT TM£ S»ftrt£TS PIND SOOfHL CUJ6 S PINNUPIL DINNER. P»ND OPMCC. WILL Be HG-l-O, T nejße.Foßc, one, u)^ex Gpßueß ThPiN USupil irJ This U*V/ ue UXLL fcNSofie THE. FNTfcNDfwce FOR THC L First Time of our fcexoveo IF'RPTS FoUfJOGJ?.. coph" my YPOHT R&RDV
      54 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Lower forecast for McDonnell Douglas
      516 8 Reuter McDONNELL Douglas' report of lower first quarter earnings continues to cause reperiwssions on Wall Street the price of the company's stock has dropped sharply since last week. The lower than expected profits caused Wall Street analysts to cot their 1980 earnings forecast* for the
      Reuter  -  516 words
    • Article
      Lock icon TENTATIVE REJECTION FROM THE SEC
      102 8 Reuter THE SECURITIES Mi Exchange CmmWM (SEC) ku tentatively tamed i«wa rale* prepMed by the New York »■4 American stack exchanges that weald allew trading by fleer traders en a permanent basis. Under a aOet pregramme, the SEC has exempted fleer hiirn flam rales that
      Reuter  -  102 words
    • Article
      Rolls-Royce incurs substantial losses
      381 8 BRITISH state-owned Rolls-Royce Ltd sustained a pre-tax loss of £56.4 million in 1979, against an £11.7 million profit the previous year, largely due to the dollar's weakness, according to the company's annual report. Rolls-Royce, whose share capital is held by the National Enterprise Board, said Britain's
      381 words
    • Article
      MIM owes it to good sales
      136 8 MIM Holdings' improved profits for the first 40 weeks of the 1979/80 year resulted from a 73 per cent rise in sales revenue. After-tax profits rose to A 5172.78 million from 163.81 million on sales of $678.19 million ($392.12 million). MIM noted that towards
      136 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      172 8 M if r WP 1 is. A 7 Los to pay on I our Weekday Package! t Ho* long tinea yau «afca<3sd*r to aoabaoMi f noaWng "j£ X SCT to pay tar «l via a oaeyof*toto.Doi I naff Ooubiaoccuaancy* I9M additional paraon Umaw uHdt i? ax niinanw b> p—nut >—arntmm
      172 words
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      Page 8 Advertisements Column 2
      143 8 Where to wine, dine and entertain lubertutf t&rill For lunch. For dinner. For a richly rewarding experience. Biis;!K s Lunch Mondav. toLridav >I>< ](l'i s.t'v :cv barge V\> c*'ss •Javanese Saturday<!v Sundav 10 V, -vrv i hary<* Vi rcss ij iiti< i a.' /S j w H «*i ii 111*>
      143 words
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      Page 8 Advertisements Column 3
      152 8 4 v m .1+& Dine at Palacc J I<H <' «t royal feast <»f% C antoncsr del it <w ics <« inemor<ihU> experience. Quick I loii<} Koihj I mi Sum I uru h available daily. *u£v (Cockpit tSotrl C <tll JoKfpliinc ft>» rcscr\ <11 ions 7 <7^175 or 7:<7'M 1
      152 words
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      Page 8 Advertisements Column 4
      201 8 Heard of Steamed Pomfret Roll? Ancj that s only one ot the typically Cantonese favourites up at Hin s There are more Including a wide selection of our very own Flavours of Singapore Rediscover your taste buds With great taste sensations If you ve been around there's only one place
      201 words
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      Page 8 Advertisements Column 5
      172 8 Soo Pag*4 for Asian stocks Robin's Tavern. The place to after work. To relax, and to enjoy your favourite drink. In a cosy, soothing «y--atmosphere with cool, 1L cool music provided by a live group. Visit us at VjILmII Robin's Tavern we know you'll like it. Happy Hoars: 4-7 p.a.
      172 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Industrial nations not likely to follow trend
      714 9 FALLING U.S. INTEREST RATES Reuter. INTEREST rates in the major industrialised countries are not generally expected to follow the rapid downturn seen in US interest rates in the last month, economic analysts in the world's major financial centres said. The analysts believe rates
      Reuter.  -  714 words
    • Article
      Lock icon NatWest launches global bond fund
      104 9 Reuter NATIONAL Westminster Bank (Nat West) has said that it is launching an international bond fund, to be managed from Jersey, which will invest mainly in fixed interest securities which are free of witholding The fund, denominated in sterling, will offer participating preference shares at
      Reuter  -  104 words
    • Article
      Lock icon World Bank completes 1980 loan programme
      440 9 Reuter AFP THE WORLD Bank said it has completed its US$5.3 billion borrowing programme for fiscal 1980, ending June 30, with a private placement of 250 million deutschemarks of notes. The agreement with the Deutsche Bank AG, Dresdner Bank AG, Commerzbank AG and Westdeutsche
      Reuter; AFP  -  440 words
    • Article
      Lock icon Swiss bank faces US futures trading ban
      389 9 Reuter BANQUE Populaire Suisse of Bern, Switzerland, faces prohibition from trading on all US commodity markets for refusing to provide the Commodity Futures Trading Commission (CFTC) with information on its participation in US silver futures markets, the CFTC said. It said an initial
      Reuter  -  389 words
    • Article
      Five books by FT for banking community
      190 9 FINANCIAL Times Business Publishing has come up with five books for the banking community. Of special interest are "Merchant Banking in the Far East" and "Banking Structures and Source of Finances in the Far East". The first covers the full spectrum of corporate
      190 words
    • Article
      Study on energy to help ADB decide on priorities
      275 9 THE ASIAN Development Bank (ADB) has decided to undertake a regional energy study next month to assess the implications of the rapidly-changing energy situation on the economic and social policies of its developing member countries (DlIGs). The study, expected to be
      275 words
    • Article
      Singapore market
      464 9 THERE «II little activity on the foreign exchange market yesterday as the Tokyo and London markets were closed. The Singapore dollar rallied strongly against the US dollar. From an opening level of 239.50/0 against the yen, the US currency weakened to 238.30/60 and remained at this rate for
      464 words
    • Article
      HONGKONG
      115 9 IKE U.S. dollar remained steady yesterday In late exchangee here in a market featureless and thin, although displaying good two way business, dealers said. The dollar stood at a late 1.8212/22 marks against an early 1.8302/12 and New York's Friday close of 1.8200/15 and at LttW/10 Swiss francs against
      115 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their beet customers is 12.2 per cent.
      22 words
    • Article
      ASIAN $
      123 9 ASIAN ASIAN currency deposit Interbank rates as at close on May 5: 7 dajn 1 month 2 months 3 months 6 months months 12 months sr-sr 11*4 UH US/16 13 3/16 13S/16 US/16 US/16 US/16 12H 12 V. UH 12H U7/16 US/16 US/t U8/8w Franc US/Dm US/Be Is US/Ouflder US/FFT
      123 words
    • Article
      Discount
      44 9 RANGE of prices often ed by discant hnum an May 3: Overnight: 7-7*% CaD deposits: «H T% Bayfaf 3-month Treasury bills 71/16 615/16 3 month Bank bllla 11 10* 3 months CD 10H 10* 6 months CD 100/16 107/16 Source: National Discount Co
      44 words
    • Article
      Frankfurt
      28 9 FRANKFURT exchanges opening quotes yesterday: Stg 4.113/123 DO 90.40/56 Sfr 107.60/80 Lit 2.127/137 Ffr 42.85/96 Nkr 36.65/70 Bfr con 6.196/206 Bfr fin 6.085/095 Yen 0.7596/7605 Can 1.5250/80
      28 words
    • Article
      GOLD
      298 9 GOLD futures in Singapockf yesterday closed sharplF higher compared with last Friday's close in generally light trading, dealers said. Opening quotations wore.marked up around US$6 alidf then row a further $4 in!; subsequent trading on somq*' local buying interest, they said. Total sales for the day was recorded at
      298 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      337 9 Kulim (Malaysia) Berhad (Incorporated m Malaysia) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN that the Fifth Annual General Meeting of the members of Kulim (Malaysia) Berhad will be held on Ulu Tiram Estate, Ulu Tiram, Johore, Malaysia, on Thursday, 29th May, 1980 at 12 noon, for the following
      337 words
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      Page 9 Advertisements Column 2
      276 9 London and Tokyo markets were closed yesterday. 1980 EDITION The Straits Times of Singapore The Straits Times Directory of Singapore (also known as Buku Merah) has been developed over a period of 82 years. It provides the most comprehensive information on companies' profile including their management personnel, agencies and representations.
      276 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1160 10 BID aad offer prices «owaiiy *aad business la aad reto the Stock Exchange of Singapore ywnriiy with the humber of Aim traded ah£m la brackets ia lota of Ufc ualts, ualei otherwise d Sj SECTION ON* s INDUSTRIAL COMMERCIAL 0 Ac*a (3406)
    1,160 words
  • Article
    Unit trusts
    140 10 SINGAPORE llf IT T11WT mOOMB BOND vm TVeaBrnwa* 1 tar May 240 2 52 (Cam* prisss) Income Bond l.M LSI The Savings Fund 151 1JI S pore Prog Fund L« LIS MABA MD UTBA S pore Sec. Find LSI 2.00 tar Mny O S pore Invest Fund L«
    140 words
  • Article
    SHARE INFORMATION SERVICE
    2551 10 1M0 High Law c—»yy Last Sale +erOr'a Dhr DW Cn Or'a ru Not P/B Val (•OOO) Day High Law 8ECTION ONE INDUSTRIAL ft COMMERCIAL 3711 223 140 183 3M SO 290 482 220 340 245 220 118 140 no 80 275 338 187 as Acma Alcorn Allied
    2,551 words
  • Article
    In Kuala Lumpur
    1408 10 BID and offer prion nwwtaity listed and hirtnf in mad reported to the Kuala Lumpur Stock Exchaace yesterday with the number of share* traded shown la brackets in lots at 1,000 units, unless otherwise specified. D4DUBTBIAI4 7 AJaaa (IMB 118S) cd Alas RaM (LIS) A Chac (L21B)
    1,408 words
  • LATEST RESULTS
    • Article
      SIGMA Metal Company
      37 10 has reported a pre-tax profit $167,572 for the financial year ended Dec 31, 1979, compared with $203,396 the year before, on turnover of $12.20 million ($11.17 million). Its directors are not recommending any dividend.
      37 words
    • Article
      Datuk Keramat Holdings
      87 10 has reported a group pretax profit of M$29.33 million for the year ended Jan 31, ISBO, compared with $25.72 million the year before, on turnover of $893 million ($914.8 million). Its directors have recommended a final dividend of 106 cents per share less tax which, together with
      87 words
  • Article
    COMPANY MEETINGS
    90 10 MALAYSIAN Americas AGM to be Malaysian American Assurance Training Room, 12th Floor, Chartered Bank Building, 2 Jalan Am pang, Kuala Lumpur, at 11am on Thursday. United Overseas Land Ltd: EOGM and AGM to be held at 2nd Floor, Merlin Plaza. 7500 Beach Road, Singapore at 12 noon on
    90 words
  • Article, Illustration
    Spotlight on lower-liner industrials
    588 10 LOWER-UNER todaatrtala ikiwei eeaMderaMe folo» tllty Rt the «B|i|iw itoek exekaage mMr|, wklte Mb «f Ike better grade Malays! se baied loeool the faretraat ti activity dartog tke day. A krakar aald bf sere lyrilitlbo. aad be wary les their flagics getbßTßl Bat aaather kraker aald
    588 words
  • Article
    Prices in KL close mixed
    564 10 SHARE prices drifted to a slightly mixed close in fairly quiet trading at the Kuala Lumpur stock market yesterday. Interest was largely focused on the lower-liners which featured last week. They resumed trading on a marginally higher level, but sellers emerged to lower volumes after
    564 words
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  • COMPANY NEWS
    • Article
      Pan Malayan Holdings issue will lower group NTA
      292 11 THE RIGHTS issue by Pan Malayan Holdings (PMH) of one ordinary share for every two held at a price of IS will lower the group's net tangible asset per share (NTA) from the preissue value of $2.95 to $2.0. But the issue,
      292 words
    • Article
      DIVIDENDS ANNOUNCED
      516 11 Bah Aoki Mai B A Bad! St® Cvrraat Ex Book* Data Total for Total for Payaoat Data Clooo Payable tko year Praviom jroar Hyd «mi Apr 10 AprS May 5 00% 40% ia Tti 10% I Apr 10 Apr 32 May 6 10% 38% Tta 146%I Apr 10
      516 words
    • Article, Illustration
      Month of inertia for the stock market
      935 11 .SENTIMENT LAST MONTH INERTIA seemed to bave hit the Singapore stock market last month. Despite a good round of corporate results, some generous scrip issues and other interesting events, trading remained light. This was hardly surprising. Uncertainty over the US economy, rising local
      935 words
    • Article
      Tat Lee shares at $2.50 each open for subscription
      651 11 APPLICATION to subscribe for 15 million Tat Lee Bank $1 shares at $2.50 each is open. The prospectus and application forms are available from the Development Bank of Singapore, stockbroking firms and most banks. The application list will be open next
      651 words
    • Article, Illustration
      Lock icon The dilemma of Sim Lim shareholders
      707 11 warn* HOCK LOCK SIEW AMONG the few stinging decisions a company shareholder may have to make is the one that is currently confronting the long-suffering shareholder of Sim Lim Investments. The group which declares it is now at a definite turning-point in its fortunes
      HOCK LOCK SIEW  -  707 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      168 11 S& SEA VIEW HOTEL LIMITED (Incorporated In the Republic of Singapore) RIGHTS ISSUE OF $7,200,*****% CONVERTIBLE UNSECURED LOAN STOCK 1980/1966 Shareholders of Sea View Hotel Limited are hereby informed that the Directors' Circular Letter, Provisional Allotment Letter and Excess Loan Stock Application Form relating to the above Issue have been
      168 words
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      Page 11 Advertisements Column 2
      194 11 HARD TIMES? Despite a creditable growth rat*' of h 3 per cent last year and <i denerally heorfuT Budget Trade and Industry Minister Gon Ohoh Tonq warned ot <iitT ,r ult years ahead Th*-editorial of th»> M if .h is: ue ot Singapore Business dr.<:uss<'s sonic •>f the possible pr
      194 words
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  • Article, Illustration
    Details of two hotel projects
    510 12  -  By TEO TECK WENG PROMINENT «hopping centre developer Ho Kok Cheoug has moved into hotel development with the recent award of a site by the. Urban Redevelopment Authority. Located at the Junction Of Upper Qross Street/New Bridge Road, the site hac been allotted to People's
    510 words
  • Article
    Lock icon Opec to review long term pricing strategy
    184 12 AP OIL ministers of the Organisation of Petroleum Exporting Countries (Opec) meeting in Saudi Arabia tomorrow will not decide on immediate price hikes, but instead will review Opec's long term strategy of prices and production, a spokesman said. The spokesman, Mr Edward Omotoao
    AP  -  184 words
  • Article
    Lock icon Wind up order for Nugan Hand (HK)
    123 12 Reuter THE Hongkong Supreme Court has ordered Nugan Hand (Hongkong) Ltd, a deposit-taking company belonging to the troubled, Australian-based Nugan Hand banking group, to be wound up, a government statement said yesterday. The court has appointed the offlcfcl receiver as provisional liquidator of
    Reuter  -  123 words
  • Article
    Lock icon S. Arabia launches third five-year development plan
    584 12 AP KING Khaled of Saudi Arabia has launched his nation's third five-year development plan with expenditures totalling the equivalent of US$25O billion, or $41,000 for every man, woman and child in the desert monarchy over the next five years. The Saudi State Radio
    AP  -  584 words
  • Article, Illustration
    PM recounts the achievements of Tito
    541 12 AMONG the greatest achievements of the late President Tito are the continued independence of Yugoslavia and the continuing coherence of the Nonaligned Movement, says Prime Minister Lee Kuan Yew in his condolence message to the Yugoslav Presidency. Describing the late President as a "Yugoslav
    541 words
  • Article
    Lock icon Economic prospects
    164 12 AFP THE world economic slowdown brought about by inflation and increased oil prices will most likely be felt in many Asian developing countries except Indonesia and Singapore, a well-known American economist said yesterday. Dr Robert Parry, former member of the US Reserve Board and now chief economist of
    AFP  -  164 words
  • Article
    Siege of Iran's embassy continues
    312 12 THE siege of the Iranian embassy in London went into its sixth day yesterday with no early end in sight, but British officials are heartened by the release of a fifth hostage by gunmen holding the embassy. Attempts to end the siege and free the
    312 words
  • Article
    Lock icon Building contracts boom for S. Korea
    217 12 Reuter SOUTH Korean building firms expect to win US$B billion in construction contracts in West Asia this year, economic planners in Seoul sakl. Following the Iranian crisis, the planners have lowered their original estimate of 96.74 billion of contracts to around 1979's $5.98 billion.
    Reuter  -  217 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      24 12 V" An immaculate car is only the beginning. You get more car from us. Call us how! More man a car rental service *****30
      24 words
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      Page 12 Advertisements Column 2
      90 12 a*/* >•, i- m.x';*... >v„s vi'amw •-<• ,4sSWifii v. >W j- I 'l. >*■ x,*-- -v J.,..•••. Em?*' m V! v. i o' \\J^° CO hun^ v A a\ V^e 3vN tV \Na>\ suc< The& sw \ou< F-TTn 1 J L\PS* V t?> im ab4e*> -*f f '«*■>•' st^ r?
      90 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      64 12 WEATHER]] :Outlook tor Singapore from 6 a.m. to 1 p.m. &day: Thundery showers in many places 'dealing by late morning. Smart tor M Imui prtor to 1M pjn. en May S yfrrHmiwn temperature 31.2 Aaaoriatrd humidity 71 ytrimiMw temperature-- 23.0 Associated humidity 100 Hours of ■»mah<fw> 7.10 Rainfall in millimetres
      64 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        New warehouses
        87 13 WORK has started on the construction of two warehouses costing about Msl million in port, near its existing warehouses. The new warehouses with a storage area of 21,250 sq ft will be used to store goods in transit and those destined for the Labuan market. It will bring
        87 words
      • Article
        Lock icon Plessey gets sonar deal
        52 13 Reuter PLESSEY Company United said its marine division has received 1 ttrdei* worth over £50 milUoo for naval sonar equipment from Britian's Ministry of Defence. The Pleesejr type HOB Sonar System, which replace ousting British navy sets, provides continuous computer-controlled monitoring and improved torpedo wearnings time,
        Reuter  -  52 words
      • Article
        Lock icon Orders for 3 bulk carriers
        49 13 Reuter PUS Van Ommeren NV said it ordered three 41,000 tonne bulk carriers from Oevesundsvarvet AB, a subsidiary of the Swedyards Corporation. No financial details were disclosed. It said the vessels will be delivered in the first, second and fourth quarters of 1982. Reuter
        Reuter  -  49 words
      • Article
        Surcharge reduced
        42 13 THE Karmahom Conference announced reduction in bunker surcharge by 9 per cent for east bound and 30 per cent for west bound vessels covering trade between Europe and India, Pakistan and Bangladesh. The new rates were effective on May L
        42 words
    • Article
      KL shipowners call for new maritime board
      501 13  -  By G DURAIRAJ DISSATISFIED with the way the cabotage law is being implemented by the Domestic Shipping and Licencing Board, shipowners and operators of coastal shipping in Malaysia are reported to have asked the government to dissolve the board in favour of a
      501 words
    • Article
      Lock icon Calcutta port facilities will be improved
      115 13 Reuter INDIAN Sfclpplag Ml ftilirt MUUttr AF STtapMii MMn at CilwWi part Mi Mi» ■Mag Us «Mk ijalw m MrStamkMlitOrieitte Ckfttalbe^afjC*» "h» L «M at *s^*^ Clkirti pwi: TuTyM ■yMkfttrtwr will lag hra aait naAn thit prtsioto tfeG litcfvli A tetal %jm tMf imy
      Reuter  -  115 words
    • Article
      INDEX TO ADVERTISERS
      542 13 LIM P»T Oai Adriatic IV 5 Alea VI 3 All trans VI S 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
      542 words
    • Article
      Orders for Japanese ships up two-fold
      461 14 THE export skips order book for Japanese shipyards has doubled in the past year. According to the Japan Ship Exporters Association, shipbuilders had 319 export ships, totalling 8.3 million tonnes gross, worth £2,450 million at the end of March. At the end of April
      461 words
    • Article, Illustration
      S'wang secures LNG carrier repair deals
      188 14 BEMBAWANG Shipyard ,MMilai «AMMJ I DlAMhlj nevm OMftTlCiB to repair three Bftftd aataral gaa (LNO) eantora CerperaSaa efSeU?* 11 The three earrlera LiVG Lea, lhanr aid JUhro were aanag a ■amber e( apeeftalaed veaaela repaired hy SeaaLNQ lea, torilt la lflB hy Oeaeral Dyaamiee
      188 words
    • Article
      Container Schedules
      995 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
      995 words
    • Article
      LONDON FREIGHTS
      1325 14 NORTH American grain shippers showed increased interest last Friday and covered a cargo from the Mississippi River to Holland at US$21.50 (fio) and from the US Gulf to west coast Mexico at $33.50 (fio), both for May. Spot business was arranged from the US Northern Range to Denmark
      1,325 words
    • Article, Illustration
      Lock icon Remarkable confidence shown in cruise liners
      1223 15 Fairplay AFTER the long, eerily slier SMpbulkltng front,"the rivettlng noise of several tew orders mast have sounded like a rallying cali Isr cruise lines to charge Into the UHa. Net one but tour vessels of arooad 90,000 gross tons each have been ordered. Anothsr
      Fairplay  -  1,223 words
    • Article, Illustration
      SHIPS IN PORT
      394 15 EXPECTED ARRIVAL* TODAY KEPPEL WEAR VES Bangs Serote (2100 will drift to G33/34 for UTM/L, 7ram the) <2/43 Centaur (Passenger) (1900 after NedDoyd Futami) 1/2 NedDoyd Napier (1800 after NedDoyd Hongkong) 1/4 Ocean Cobalt (1X0) is Seng Hong (0700) J7 Selamat Da tang (after Balantang) 21 Shoko
      394 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2932 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      2,932 words
    • Article
      Lock icon China moves into forefront of shipping business
      453 20 AFP t SERIES of major deals in than a year has tele- n tk a icopea imni ***** m loretrwt jiMntenutlonal shipViewed together these 1 '."fMh with foreign interests, j .reflect two new areas of Chiaese strategy attraction tt capital and expert Mit
      AFP  -  453 words
    • Article
      Slower trading in Mediterranean last week
      208 20 «1 IM came practically a standstill in the Golf I States area of the tanker lK Jpai*at last week. insurance could |q juaount to about US$3O,OOO lor a super-tanker for only .„«*en days' "cover," harder time to And a cargo under present circumshipbrokers in
      208 words
    • Article
      Lock icon Refloating Don Juan
      75 20 AFP mawji salvage tan h»v« sflered te nOnt ta as*. ■Ml eB taSriM April 21 Seme» immmi are Mmi to Ihtc btMßupei fm first daa caMm ail gene dewa 1,800 toot wtththe ridp. BMOfH M nN rMfrll fIBTIIMNi mm Ike Boated talus MsblsMil mM Mirage Mental wffl
      AFP  -  75 words
    • Article
      OCL
      216 20 LINER PROFILE OVERSEAS Container Ltd, incorporated la the UK, has been opera tine container service* through Singapore since August 1972 as a member of the Trio Consortium which comprises British, West German and Japanese lines Trio operates a fleet of 1» big container ships between Europe and the Far
      216 words
    • Article
      The Consortia
      122 20 The major Pippins consortia operating between die Far East/Europe and Straits ports/Australia and the member lines ACE (FAB EAfIT/EUBOPE): Franco Belgian Services. 'K' Line. Korean Shipping Corporation. Neptune Orient lines. Orient Overseas Container Line. Cho Tana Shiooina. AWtO (S*AttB/AUBT*ALIA): Australian National Line. Australia/Straits Container Line. NedHoyd Lines. Neptune
      122 words
    • Article
      Brostrom made profit in 1979
      348 20 BRO6TROM, the Swedlah shipping group which uwus the HovcrOoyd crow Channel hovercraft operation, turned round from a loas of Kr 80 "«««<■» to aa operating profit of Kr97 million after depredation last year. This repreaents a considerable improvement over the finnl four months of the
      348 words
    • Article
      WHO ACTS FOR WHOM...
      1303 20 The leadkic shipping lines operating from leeal ports aai the agents who handle cargo bookings for them. A-B Feeder» (S)/Cargo Freight (PK). IRA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/W). Alfred C. Tiiilii Sea Consortium (S)/Marintex Entaistae (PK). Alpae Intraaea (S) Yeo Shpg sad Trading (KL)/Island Cargo
      1,303 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      201 13 PIL GROUP n i i ALSO PROVIDE REGULAR SEMI-CON-TAINKR BERVICE FOR THE PERSIAN GULP AND RED SEA PORTB. Oricnt;Overseas Co*dcuMeA Line if ,V nm SONNE TO BMK OM SUEZ) 27/5 21/5 21/5 30/5 3/1 3/6 VI 5/6 1/6 11/1 7/6 1/6 J/6 12/6 11/6 13/6 14/6 15/6 11/6 21/6 i
      201 words
    • Advertisement
      Page 13 Advertisements Column 2
      275 13 "v. UNITED ARAB SHIPPING CO SAG) ivv.'n EXPRESS MULTI-PURPOSE SERVICES ibTuacin: Kuwait (17/6), Shuhaiba (19/6), *.15 7/6 Kuwait (25/6), Abu wir#j 19/6 Oubai (1/7), Oammam (4/7), Atw Dhabi (7/7), Kuwait (10/7), Mma Qaboos (13/7) FULLY CONTAINERISED SERVICE MM6ATOR V.5 Ma (6/6). Damnum (1/6). Kuwait (10/6). Mm Dhabi (12/6), Bahrain (14/6).
      275 words
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      Page 13 Advertisements Column 3
      17 13 mm I Ul> 1 LONDON Freights SBIPSbPwt SHOPPING list REGIONAL Weather WHO Acts Per Whem MCIWItfTM 11
      17 words
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      Page 13 Advertisements Column 4
      385 13 Hapacj-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. MAERSK LINE EXPORT TO UJB. PACIFIC, GULF, ATLANTIC, BAST CANADA AND ASIAN PORTS 2Z3G 3E 11/ l U/i 25/1 4n \%n 17/7 l/l 11/ l w 1/7 7/7 14/7 SMnpoit CtaMi r«NC «CT 13/2200 In CFS 13/1000
      385 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      612 14 LEO SHIPPING PTE LID SINGAPORE PERNAS MISC SHIPPING AGENCIES SDN BHD FORI KfIANG PFNANG HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 AAALAYSANHTONATIOHAL SHPPHG CORPORATION BOHAD wit w Smk< X—lBi FaaOar fJUttm n I MKM W M I DMUA 10/5 It aai— Dffbecg 2) H-b«r| 3) r«w 4)r<tomS)UH PWm| Sport
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      Page 14 Advertisements Column 2
      159 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA N-Mmi I WOK CM MM MM (Mi IMiRM MM HMb 111 RnM MM 7/5 12-15/5 HI/5 27/1 1/7 1/7 5/7 7/7 1/7 11/7 12/7 »/7 23/7 21/7 MR! 7/5 J/l l/l 10/ C 11/1 13/1 11/t 20/t 25/1
      159 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      525 15 We wiah to inform ciutomnri Hwt the nam* of our cow?hot fcoon changed from MomfMd Contoinor Services ho Ltd to Monafwld Contomnr Shipping ho Ltd Bnimi Ports and Bangkok Sanrtcai Ta/Fram In addition to tho OCL ognncy, MomfMd Contoinor Shipping Fte Ltd w* oteo handle tho ASCL and SSCL Ftvioarfy
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      Page 15 Advertisements Column 2
      294 15 fJo Franco Bclyum So/ vices T n aMr am, UM Mia lIM ate ate c.M.c r. mi» 1 CC3 E3E 5 Seatrain Pacific Services S.A, 'i i *rr Ml ivilva 11/5 J IJI i/wnn i/i v« %/t wt an i/« i/« m/ 4 a/4 im 1/4 7/4 14/4 11/4 2/9
      294 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      352 16 Hapag-Uoyd 31/5 2/1 3/1 VI 5/1 vi 10/ i l/l l/l VI 11/1 12/1 M/l 15/1 17/1 IVI 15/1 M/l 11/1 3 X 22/1 21/1 K/l 31/1 30/1 2/7 »/l 5/7 2/7 4/7 5/7 7/7 11/7 13/7 14/7 11/7 10/7 12/7 13/7 15/7 31/4 3/5 1/5 10/5 15/5 19/5 21/5
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      Page 16 Advertisements Column 2
      380 16 LINE SHIPPINIj KOREA CORPN ff TEL: *****1/1* *****9 cn a n y ff. aU cXy X. n i Njtion.il i •r• STECMUin OEM. MTN VCCMLBTS UNIPAPIHI HANS 1 KAiMNIi UM'fN'Ai SMlf fMNf. C ()«P». A(,lN,'ft"! L S LINF Member of 1 i.iii Soon Group of Companies INDONESIA SERVICE eta no
      380 words
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      Page 16 Advertisements Column 3
      419 16 EVERGREEN LINE f f AR AS! lUROPi XPRfSS Hill CONT AIM R Sf RVIC 1 ACCEPTHG CARGO FOR: HARBURG. FELKSTOWE. ROTTERDAM. ANTWEAP. LE HAVRE ALSO ACCEPTMG CARGO FOR; SOUTHAMPTON IOKDOW, MANCHESTER. BRBTOL, LIVERPOOL GLASGOW. LEEDS WEST GERMANY NOKWAVEN r"ftif amt~ arnt m aS' F™ f xp »*r Jl •AH M
      419 words
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      Page 16 Advertisements Column 4
      609 16 r 4 Everett Lines/ Bvnw Rv« Star SfcipßMf C*rpn. 'BURMESE NATIONAL LINE" LOADMG FOR RANGOON 2 bM^ki B F S.S C. Ag*r*» in Moiarva TEPS MALAYSIA Rmwn IfltircaMiMatal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LONMGFOR CAPETOWN. MOOS HO MiMlbr "MEXICAN NATIONAL LINE" FM EAST/MEXICO t CENTRAL AMERICA SERVICE "m
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      Page 16 Advertisements Column 5
      310 16 T UO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LIN AUSTRALIA SERVICE MVKY li/uly t£i£i mi cm 11/12 km 13/ IS km IW, MEL, I 7 J:> fj >: y* z t T i > MKT CMP 1/11 My GWTTM JAPAN/STRAITS SERVICE m *****44/7 ft 22*1379 KARLANDER L I f\J E£
      310 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      486 17 PIL GROUP EAST AFRICA/REDSEA SERVICE *R*aa FJMai Raaao lM*|kr Wnmt Nrt SaiM. I COIOMBO/K ARACHI/P. GULF SERVICE SING APORE/CHITTAGOWG/RANGOON/SERVICES SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES r/UHv 11/15 M* SINGAPORE/INDONESIA/SINGAPORE SERVICES S E A Container Feeder Servinr SIN JKT/SIN HKG/MAN ACCEPTABIF LCIFCL CONTAINERS vt Pakistan National Shipping Corpn. Karachi rr-ly}.' l V,'' 1 K
      486 words
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      Page 17 Advertisements Column 2
      658 17 &j BEN LINE CONTAINERS EVKSS CONTMB SMS TO/FROM EUROPE TP BMW ram P. Mm Csntj Wl U/I •to** U/» VI 7a VI U/I ■NWBpwi U/» l/l l/l l/l 11/1 > «■<■»>■ *V* It/I M/l IVI 17/1 i to**l*M 0/9 14/1 U/l 17/1 11/1 I SSb n/i a/i aa a/i a/i
      658 words
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      Page 17 Advertisements Column 3
      418 17 r 'C? Scan Dutch V E i T Ik. 7/1 M/l VI IV* U/l 17/1 n/i wi a/i 1/7 7/7 V 7 11/7 1/7 M/ 7 IV7 17/7 I'jll 11 P <om 3 ■M total M i/i id u/> ivi m i/i «n M/l U/l W 17/1 M 7/1 M/l
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      Page 17 Advertisements Column 4
      363 17 BOUSTEAD AGtMCItS IHI BANK UNI III) LOADS FOR E. ft S. AFRICA 15/171* Sttltar 3nC *str 1 Eh. Eat Lm*m m 4 C*m) SS tor Part Ek. Lmt Lm«m AttSSEL U.S. 6ULF COAST SERVICE /Mam fytiuti UfjJLg Unintnn CihjntfMi\ \iWw WiwO, ivwliUßif MVMM/ mm lyres (*cba pp P B- 1
      363 words
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      Page 18 Advertisements Column 1
      420 18 K LINE KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TTTTT U BADGE 2W n com. taw 1 MCUMM TW MBtf IV i rii MN khrt 12/5 14/5 U/9 »/9 25/5 27/4 1/0 VI mm ca Inai im ■■t M u Nmn) NEPTUK ACENCES PTE LT& T« *****11 MALAYS* KONTINA NASMMAL
      420 words
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      Page 18 Advertisements Column 2
      299 18 (23 0 lm r~rr. if' a t NEW ZEALAND SERVICE JAPAN SERVICE —WW—.—Ml NT (a* laarta* 1/7 r YMMMA fMM| MM SERVICE SSU SffiZ. HvfteM Sflppofi PvMMf S***or« fcnm/npvti Afrrm/I>*«rti Anwn/Oaparti Hrrm Oapw-ts 11/71 May It/77 M»r B/l M l/l la IVM M IVI7 la 11/11 M 24/24 M VIM
      299 words
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      Page 18 Advertisements Column 3
      393 18 t J Mill Ihhi k '»V(* i < > 111 > SINGAPORE SHIPPING AGENCIES PTE LTD I a> H,/ U S S ,41 l<| > s: S i.INMAi 4 i Nf S 'A>H A H AN -.Ml. IH. I I iNi.iISHiP l'('4|ionnl Container IJih's Wf EKIV Cf*.TAiNfH SERVICE to/»ro«n BANGKO*
      393 words
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      Page 18 Advertisements Column 4
      347 18 |J\ QRANARD UN* INDEPENDENT- ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO-RCL ONLY FOR PORT SAID. ALEXANDRIA. BEIRUT lATTAJUA. UMASSOL. ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge vmm wnymrm Htki nm -t-HV.MMITMV.3M I Mi MM STRAITS/EAST ASM SERVICE tw i fabi iniiir M.V. MM TAT
      347 words
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      Page 18 Advertisements Column 5
      292 18 INTPASEA (OTP.) LTD REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE tarn P.faM« fm nmt IS a* 4Jm 31*y ALPAC UNE S pore P. Mm Ptnanf Im*m tar WBMI taPrt im, KUNBN/IMUNM/ DUMMM 2ji tfJL 'V*.. WLk h TTT ft IJi i LLii FOAtt ■www ru emnm bh kc** li 1/1
      292 words
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      Page 19 Advertisements Column 1
      401 19 FAR F AST FUROPE FULLY CONTAINERISED SFRVICE TO EUROPE/UK (VIA SUEZ): &J.HME+ N.CORM c. comma k. mm TWHBGE N. PEARL C. PMJL Contataan Faadind to/Iran F'stowe Abo accepting cargo to/from Scandinavia ROM QMOPE (VIA SUEZ): K. JMXJM. ILPCMLc. cut mam*. C.KHE-... lugHßN_ MCONTMCR. .Siibd .Sailed .Sailed 8/5 .14/5 .20/5 .24/5
      401 words
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      Page 20 Advertisements Column 1
      103 20 "Tit h J ii lMMqt lttO lm Mfy IMO aa Mm I*o MAP* THE MALAY STATES SHPTMS CO. SON. ML, m Urn, CM. M«|.» Mtaa to* MM. KKOMI Wt H MM7 MBKO li ii. -i.—J q UNISON SHPPING (PTE) LTD 701-70.7 ft ft, MM tat Mtalft tea IM, Smmm 1.
      103 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      92 20 .v Regional :w v~. *r fi ■T7l s# ■>: Wsi m *2jox M W-. mm i. 2^, M 2^ J V y<-< m a 2 >7 xSIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 AJfl. TIM MOfUNNQ. Rata Cloudy Sky 0— m c*d» i ipi mil WH, J in Mj I
      92 words