The Business Times, 8 May 1980

Microfilm: NL10631
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    12 1 BUSINESS TIMES M.C.(P) N*. Ul l/M THURSDAY, MAY 8, lttt 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Russian rationale
      65 1 Reuter TOKYO, Wed Russia is strengthening its military facilities in the disputed islands off the northern Japanese coast because of changes in the geo»politics of East Asia. The Soviet Ambassador to Japan said the dispatch of Soviet troops to the four southernmost islands of the Kurile chain claimed
      Reuter  -  65 words
    • Article
      Lock icon Nato receptive
      55 1 AP WASHINGTON, Wed. European members of Nato are likely to respond favourably next week to an American request that they prepare for the possibility of US troops being diverted to the Persian Gulf. Joseph Luns, secretary-general of Nato, said he believes a committee would be appointed to study
      AP  -  55 words
    • Article
      Lock icon Brezhnev hits out
      67 1 Reuter BONN, Wed. Soviet leader Leonid Brezhnev has accused the United States of seeking military superiority and attempting to make its Nato allies follow the same course. In a forword to a collection of his speeches published in West Germany, Mr Brezhnev spoke of darkening shadows across
      Reuter  -  67 words
    • Article
      Lock icon Meeting adjourned
      61 1 AP GENEVA, Wed. Industrial, developing and socialist countries have adjourned their third attempt to work out a code for the way in which Western technology should be used in trade with the Third World. After two-and-half weeks of negotiations under the auspices of the UN Conference on Trade
      AP  -  61 words
    • Article
      Lock icon Mao portrait gone
      52 1 AFP. BEIJING, Wed. The famous Tian Anmen gate in central Beijing today is without the portrait of Mao Zedong that had adorned it for so long. The illustrated monthly China Pictorial published an aerial photo of the gate without the picture of the late communist party chairman's
      AFP.  -  52 words
    • Article
      Lock icon Seven dead
      56 1 Reuter LONDON, Wed. Police sifting through the charred remains of the Iranian embassy siege today put the final death toll at seven five guerilla gunmen and two hostages. Three bodies wrapped in gran plastic bags were removed from the rubble of the burned-out embassy today, two days after
      Reuter  -  56 words
    • Article
      Lock icon Visit cut short
      38 1 Reuter KUALA LUMPUR, Wed. Princess Margaret, younger sister of Britain's Queen Elizabeth, today cut short her visit to Malaysia because she and members of her party visiting South-east Asia are suffering from upset stomachs Reuter.
      Reuter  -  38 words
    • Article
      Lock icon Dow Jones
      81 1 UPI NEW YORK, Wed. The stock market was struggling for direction early today in the wake of a sharp decline in interest rates. Trading was moderate. The Dow Jones industrial average, a 0.26-point loser yesterday, was off 1.19 points to 814.84 at the opening. Brokers noted the Dow
      UPI  -  81 words
  • Article
    Chief Price Changes
    136 1 Rises Indices K Kampar Krmpai F Jk N Sel Properties Rothmans Kings C Sugars O Keramat K.sso Island Pen Spore Bus Kuala Sidim 500 635 M5 680 450 420 440 1300 590 520 390 3*70 40 35 30 20 20 20 18 10 10 10 8 8
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  • Article, Illustration
    KUALA LUMPUR
    155 1 Rises Indices Kempas 650 35 O.C.B.C 785 26 May 6 May 7 E.A.I. 324 20 B.T. Index: 7504.72 7496.66 C Sugars 450 20 Industrials: 557.29 560.86 FAN 675 20 Finance: 758.08 758.92 Sel Prop 710 20 Hotels: 331.69 331.79 S Kinta 1120 20 Properties: 376.85 380.44 Tronoh 1120
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  • Article
    Imposing levy to finance research
    700 1  -  QUALIFIED PERSONNEL LACKING By FONG MEW LENG THE Government can promote research and development (RAD) in Singapore, especially among small local companies, by imposing an RAD levy and by co-ordinating joint marketing programmes to launch newly developed products. These are some of the measures suggested
    700 words
  • Article
    Lock icon It doesn't pay to be too efficient
    231 1 AP MR Giovanni Agnelli, chairman of Italy's car giant Flat, has often quipped, lathis diagnosis of Italy's industry problems, that the productivity of Japanese workers is at least 50 per cent higher than that of Italians. Now Mr Agnelli has a real case
    AP  -  231 words
  • Article
    Hooker Chemicals to invest $10m
    517 1  -  By HSUNG BEE HWA SINGAPORE will have its first plant manufacturing phenolic moulding compounds and metal finishing chemicals within a year. This plant will be a wholly-owned subsidiary of the US multinational corporation, Hooker Chemicals. The latter, in turn, is owned by Occidental Petroleum, a
    517 words
  • Article
    Thailand borrowing US$100m
    190 1 SOCIETE Generale is leadmanaging a US$lOO million syndicated Eurocredit for the Kingdom of Thailand, the syndication to be arranged out of Singapore and Paris. The French bank expects 40 per cent of the funds to come from Asia, 40 per cent from Europe and the rest from
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  • Article
    OUB may launch another unit trust this year
    270 1 DIBCUBBIONB have began at heard level hetweea Overt— Inion en Ssaasel Mcataga far yet antter aalt trast. The pei lam are leeklag at several toteraattoa al steekaaarketa and eeareee say that they do aet rale eat the laaarhtog sf aa lalarastlsasl aalt
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  • Article
    Local legal expertise of high standard
    470 1  -  By MARGARET THOMAS BANKERS contacted yesterday were reluctant to comment in detail on the Law Society's statement and stand on the Government's decision to let foreign law firms into Singapore. The Society, in a letter printed in Business Times yesterday, warned against the possible
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      5 1 TheMMOUAEP3K> PPC does it all.
      5 words
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      Page 1 Advertisements Column 2
      103 1 Electronic Typing System The ACS Plus (also known as the Lanier "No Problem" Typewriter) electronic typing system with its eight programmes was specialty engineered to take over much of the workload caused by many routine chores involved in the composition, preparation and presentation of typewritten text in the business office
      103 words
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      Page 1 Advertisements Column 3
      65 1 Leader...page C mm SHIPPING TIMES SUMITOMO starts to generate 5pin0ff5..................................... 2 ASEAN a testing ground of Japan's maturity...................... I HOUSING loan Industry suffers slight 5etback........................... 9 AJINOMOTO (M) looking Into other food area 5........................ 11 CALTEX offers new kind of petrol 12 CONSUMERS Association takes Hitachi to task 12 AIRCRAFT
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      Page 1 Advertisements Column 4
      105 1 BANK VMJU SAFE depostt SAFE Convert your Accounts Receivable into CASH immediately i V* §{2 <CO3 O AS HONG L£C^ finance More funds for your business? ACCOUNTS RECEIVABLE FINANCE is the modern answer by Hong Leong Finance to benefit all companies whether big or small. Under this scheme, a steady
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  • TRADE AND INDUSTRY
    • Article
      Sumitomo starts to generate big spinoffs
      417 2  -  By FONG MEW LENG THE Sumitomo Petrochemical project is starting to create substantial spinoffs in terms of backward linkage supporting industries in Singapore. Nichias (Singapore) Pte Ltd, a recent newcomer to the local building product industry, decided to start a manufacturing arm in Singapore
      417 words
    • Article
      Delegation to Sri Lanka arouses interest
      182 2 A 32-member Singapore trade and investment delegation which visited Sri Lanka last month has aroused much interest in the Sri Lankan press. Mr Mohamed Ghazali Gaffoor, vice-president of the SFCCI. who beaded the delegation, was quoted by Sri Lanka's Weekend as saying that in
      182 words
    • Article
      Drop of 21pc in volume of timber exports
      589 2  -  By JOHN LIM THE VOLUME of timber and timber products exported in February took a (all of about 21 per cent from the previous month. Further, the value of these exports was about a quarter less than the amount shipped in January.
      589 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      179 2 MB QUO 8m Beat, second vice president (credit A marketing) of the Chase Manhattan Bank has left for a two-year assignment with Chase's credit department in New York. A Bachelor of Accountancy graduate from the University of Singapore, Mr Quek Joined Chase in 1972 as a credit
      179 words
    • Article
      Sanyo to produce steel equipment
      288 2 A MAJOR manufacturer of consumer electrical applicances, Sanyo Industries, has gone into the production of stainless steel kitchen equipment. To support this newlyformed division, a $1 million stainless steel fabrication factory has been set up in Jurong. It will begin operations in June. The company
      288 words
    • Article
      Demetron men for training in Germany
      395 2 A SINGAPORE-based electronics company will be sending 29 key employees for training in Germany in preparation for its planned printed circuit board (PCB) operations. Demetron Pte Ltd, which currently manufactures gold bonding wires, will start production of PCBs next year. Construction of a new
      395 words
    • Article
      Johore lorry drivers may raise rates
      228 2 LORRY owners in southern Johore are planning to raise transport charges from between 10 and 15 per cent by the end of this month. Southern Johore Lorry Owners' Association treasurer, Mr Nah Yaw Piak, said yesterday a meeting would be held soon to decide
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    • Article
      MEMO PAD
      376 2 SEMINARS AND COURSES 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 May 14-16: Effective Publicity Writing, Hilton Hotel, Consulasia May 19-June 19: Reliability Engineering, Sisir Lecture Room, Sisir May 21-23:
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      114 2 i »ai ia ;i hH •o iii #i :L FROM MAIMS 747s TO HONG KONG. Now you get even more choice with Cathay Pacific to Hong Kong. Introducing our big new 747 departing 11.00 a.m. daily except Wednesday and Saturday from May 15. The most popular aircraft at the most
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  • REGIONAL
    • Article
      Lock icon Group hears Indonesia's development requirements
      269 3 Reuter INDONESIA was expected to present its current development aid requirements to sa inter-governmental consortium which opened s twoday meeting in Amsterdam yesterday, the Etotch government announced. The conference of the Inter-Governmental Group on Indonesia (Iggi). which conists of 17 countries inchiding (our of them
      Reuter  -  269 words
    • Article
      Lock icon Soviet proposal to settle Afghan crisis
      189 3 AP AFP PRESIDENT Mohammed Zia Ul-Haq of Pakistan has received a message from Soviet President Leonid Brezhnev containing a proposal to settle the Afghanistan crisis. General Zia, upon his arrival from Beijing, said at the Islamabad Airport that he discussed the Soviet proposal vqlth
      AP; AFP  -  189 words
    • Article
      Lock icon Fragmentation in Philippine labour movement
      233 3 AFP THE Philippine labour movement has become a battleground of various big power spheres of influence and million» of pent in foreign funds have been flowing into labour coffers, some of which are not property counted for. Labour Minister Bias Ople said he has ordered
      AFP  -  233 words
    • Article
      Lock icon Negative growth rate for Seoul's GNP
      186 3 AP SOUTH Enron's itisill was In trouMe In the first quarter of «Ms year when (be grass national preiset shewed a Brians growth mis lor ths first ttane Maes 1981, the Cenfcul Baafc of Ksrea The GNP dseflnsd L 7 percent la real teems
      AP  -  186 words
    • Article
      Lock icon Bangkok approves US$6.8b export target
      130 3 Reuter TIB Thai CaMaet has apyreved Iks expert target ef tms Mia— far im set by Ui cfcaßaJsasaethiea said. The Import target was sst with a prejMiedtmde deficit dtUHta. try*» sHln expert cmmflh Has year earriag f» mil Ist, er 8.7 per cent smtc Jjhaa
      Reuter  -  130 words
    • THE REGION IN BRIEF
      • Article
        EXPORT PROMOTION
        423 3 THE Association of Southeast Asian Nations has launched a cooperative export promotion project to improve trade among Asean member countries. According to Mr J.B.P. Maramis, United Nations Economic and Social Commission for Asia and the Pacific executive secretary, the project is an offshoot of a training seminar on
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    • Article
      Lock icon Ohira discusses 'Pacific link' with Trudeau
      650 3 Agencies JAPANESE Prime Minister Masayoshi Ohira flew to Vancouver on Canada's West Coast on Tuesday to have further talks with Prime Minister Pierre Trudeau on the budding "Pacific link" between the two countries. Mr Ohira yesterday welcomed Csnada as a budding member of the
      Agencies  -  650 words
    • Article
      Lock icon China's rapidly growing petrochemical industry
      399 3 AFP BY IMB, China wffl be allocating an estimated 17 million tonnes or 10 per cent of total crude oil to feed its rapidly-expanding petrochemical facilities and by so doing could place a serious strain on other national requirements. This is one of several major
      AFP  -  399 words
    • Article
      Lock icon Vietnamese minister to meet Rithauddeen
      461 3 AFP VIETNAMESE Foreign Minister Nguyen Co Thach is scheduled to have two rounds of talks with his Malaysian counterpart Tengku Ahmad Rithauddeen on ways to ensure peace and stability in South-east Asia. The two ministers will meet at the Foreign Ministry soon after Mr Thach's
      AFP  -  461 words
    • Article
      Japanese company buys Nigerian oil
      347 3 IDEMITSU Kosan Kaisha of Japan has signed a threeyear contract to import 10,000 barrels of crude oil daily from Nigeria to help cover shortfalls caused by the suspension of Iranian shipments. The direct-deal contract is the first between Nigeria and the Japanese company. Idemltsu, one
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    • Article
      DAILY AIRCRAFT MOVEMENTS
      718 3 ARRIVALS Service Local Operator Number Tine Proa SIA/BA SQ/BA17 MH621 0800 LHR/BAH MAS 0835 PEN MAS SIA RBA MAS SIA CPA GIA SIA BN GIA MAS SIA QAL GIA SIA PAL MAS SIA RBA GIA SIA MH607 SQI01 mm MH671 SQ211 CX710 GAM SQ103 BNSQ5 GA944 MH672
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  • Page 3 Advertisements
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      106 3 STIRTK EMrm Am h i i A* v a i <- i i V I Tsingtao beer has won the Ist Golden Award again in China in 1979. Little wonder then that m China Tsingtao is served to visiting dignitaries at VIP functions. Tsingtao is the only beer in the
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  • RAW MATERIALS
    • Article
      Lock icon Sugar fall
      98 4 Reuter WORLD sugar production this crop season will total 85.4 million tonnes, down five million tonnes from last season, the US Agriculture Department reported on Monday. It said beet sugar production in the Soviet Union will be sharply below last season's level while the cane sugar crops will
      Reuter  -  98 words
    • Article
      RICE
      338 4 SINGAPORE: Yesterday's closing prices in SI 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 0.88, 35 per cent new crop 0.80. B-10 per cent 0.68. THAI BROKEN: A-«uper 0.63, Special no stock.
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    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Gotten yam: China Blue Phoenix 20s 2,300; 32b 2,700, 40s 2,900 (per bale of 400 lbs). Plate goads: China Butterfly and Globe brand anq; Dragon Head unq; Five lambs unq; Flower and Butterfly
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    • Article
      RUBBER
      328 4 THE SINGAPORE market closed lower yesterday with May One RSS buyers quoted at 296.00 cents per kilo, down five cents from Tuesday's cloae, dealers said. Morning prices were marked down about six cents on lower London advices and some long releases, they said. Afternoon prices recovered slighUy on reports
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    • Article
      RAS PRICES
      299 4 R.A.S. prices In cents per kilo yesterday: Noon (per kilo) Buyers Seller* Int. 1 R.S.S. prompt f o b. ***** 292J0N Int. 1 R.S.S. May ***** 296.50 Int. 1 R.S.S. June 302.00 383.00 Int. 2 R.S.S. 285.50 388J0N UK Coot 284.50 285JON Int. 3 R.S.S. ***** 283.50N UK/Coat
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    • Article
      SSR and SMR
      110 4 NOON SSH id SMR prim v«!«tijv HAS SSH JO SSH SO 11 -Km pallet 1 (l-1«m palltll May (Carnal Mth) Bayer* Sellers *276.50 278. AON 27:1.50 275.50N Jaaa (Forward Mill) Bayer* Se I le r» 278.50 280.50N 275.50 277.50N MRELB June Jaly SMH CV SMH 1. SMH
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    • Article
      Straits Tin
      73 4 THE Straits tim price is Peaaag tell rntker Ms 29 per pfteal te $2,M> $1H abeve the htem tfeaal Tie Agreemeat ceittag, iwlm nli The fall reflected A U overugii WMOOBB is Leadea aad tighter tfa predaettea by uilwi aad fellew-threagh Japaaeee aad US baylag activity did aet
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    • Article
      CLOSING PRICES
      39 4 Rubber: May 7 Singapore: May: 296.00 cents (down 5.00 cento) Malaysia: June: 308.00 cento (down 5.50 cento) Tin: M 52,300 (down $20) (equivalent to 934.03 per kilo) (down 33 cento) Official offering: 176W tonnes (down 74W tonnes)
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    • Article
      WHEAT
      212 4 CHICAGO Board of Trade wheat futures on Tuesday closed US W cent to IVi cents a bushel lower in moderately active trade. Prices settled in the middle of a 12 Vt cent range. General trade expectations that dry conditions will be broken placed overhead pressure on values. Some traders
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    • Article
      SOYBEAN
      208 4 CHICAGO Board of Trade soybean futures on Tuesday finished US 5 cents to 2 V« cents a bushel lower in moderately active trade. Prices settled near the lows of a t Vt cent range. Steady local selling touched off commission house sell-stops, placing values on the day's lows. Sympathetic
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    • Article
      Produce exchange
      169 4 CHINESE Pr.rf.ee Exchange, flnnpotn, ini eteriag prion per IN kg CMMMt *11: Bulk fob 1140.50 sellers, old drum (in second hand drum) fob 1150.50 sellers, new drum fob 1157.00 sellers. Copra: Mixed (loose) 181.00 buyers. Pepper: Muntok white pepper fob Asta NLW $505.00 sellers, Sarawak while pepper faq
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    • Article
      LONDON MARKETS
      787 4 COFFEE: Robusta futures closed the morning steady around the session's lows and with losses from Tuesday of £20 to £5 per tonne. Turnover was 1158 lots including nine options. Dealers said after the opening the market held quietly steady on well matched activity that featured producer group interests
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    • Article
      PALM OIL
      159 4 VALUES in Kuala Lumpur yesterday eased on lack of local and overseas demand, dealers said. The Indian State Trading Corporation's tender for neutralised palm olein weakened sentiment. The market also failed to respond to Pakistan seeking a further 5,000 tonnes of neutralised palm oil. In the north, central
      159 words
  • ASIAN STOCKS
    • Article
      Boost from yen
      571 4 TOKYO INCREASING yen rate stimulated the Tokyo market yesterday and giltedged issues blossomed owing to buying by foreign institutional investors. Sony went up Y5O to Y2010; Pioneer, Y4O to YI880; Matsushita Electric, Y4 to Y707 and Japan Victor, Y9O to Yl5lO. Electric power and gas issues were
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    • Article
      Hongkong
      341 4 THE market was basically dull and closed down 6.25 yesterday. There was hardly any reaction to the Iranian Embassy episode. Much action was seen in Far East Consortium (up five cents), a local property developer, as analysts believe the company will have a bumper year. At 1 pm, it
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    • Article
      Sydney
      345 4 A STRONGER sugar sector and a AJ78.6 million bid by Dunlop Australia for rival tyremaker Olympic featured in an otherwise subdued session, brokers said. The Dunlop bid, which could result in one of the biggest industrial mergers in Australian history, saw Olympic shares finish 24 cents up at $1.25
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    • Article
      Bangkok
      231 4 STOCK prices rose slightly yesterday in quiet trading, dealers said. MAY 07 Bah ts Asia Credit Asia Ayulhaya In*. And Trust 141 129 x 106 unch -2 •2 Bangkok Investment Bangkok Bank Bangkok Drying And Silo 296 2 Bangkok Insurance Bangkok Metropolitan Ban 376 unch Bangkok Nylon Bank Of
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    • Article
      Manila
      113 4 STOCKS closed easier yesterday, with turnover rising slightly to 2.9 million pesos from Monday's 2.1 million, dealers said. MAY m Pern* Acoje Mtnlnc M un c n Atlas Con. A AUai Con. B. soa -1.75 uneh BacuK) Ooid ■0064 Benguet Con. B moo unch rnr-p 15J0 cat uneh Inro
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    • Article
      DUNLOP BID
      94 4 DUNLOP Australia Ltd said it will make a AJ79.8 million bid for tyre, industrial rubber and cable maker Olympic Consolidated Industries Ltd. Olympic has described the offer as quite inadequate and advised stock holders not to sell. Dunlop chairman Sir Brian Massey Green said Dunlop will make a
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    • Article
      Selected indices
      48 4 FINANCIAL TIMES INDUSTRIALS Tuesday 444.9 Monday closed Week Ago 436.7 DOW JONES AVERAGE INDUSTRIALS Tuesday 818.04 Monday 816.30 Week Aeo 811.09 H.K.HANG 8ENG Wednesday 881.56 Tuesday 907 Ml Week Ago -867.90 SYDNEY INDUSTRIALS 600.37 Week Ago 506.93 ALL ORDINARIE8 Wednesday 784.82 Tuesday 781.30 Week Ago 783.17
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      152 4 Come under our wing and get your business off to a flying start. >r» SAS goes to great lengths to make cocktails, special meals, headphones, your business ours. For a start we even lounge slippers, to make you give you a convenient choice of four i really comfortable all the
      152 words
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  • OVERSEAS
    • Article
      Lock icon Cheap loans put Americans at disadvantage
      652 5 AP WEST Germany, Japan, France and Britain all help their exporters by providing cheap loans to foreign importers. The US General Accounting Office said that American businesses, not enjojing such benefits, were at a disadvantage. It pointed to the excess of US imports over
      AP  -  652 words
    • Article
      Lock icon GM and Exxon ahead as economic units
      390 5 UPI GENERAL Motors and Exxon ranked ahead of Yugoslavia, Switzerland and Saudi Arabia as economic units in 1978, according to a study by the US Conference Board. The board analysis, which compares the gross national product of countries with annual sales of corporations,
      UPI  -  390 words
    • Article
      Lock icon BOOSTING CAR INDUSTRY
      293 5 NYT THE CARTER Administration is seeking the cooperation of American car makers and unions to create a more favourable climate for investment in the industry. Administration officials said Members of the cabinet and of a high-level committee have been reviewing the plight of the car industry and
      NYT  -  293 words
    • Article
      Lock icon EEC deadline to solve budget crisis
      197 5 AP. THE European Economic Community (EEC) has set a May 31 deadline for solution of its budget crisis and has deferred final action on settlement of agriculture prices. The deadline was set on Tuesday by EEC foreign ministers, who pledged to try to devise
      AP.  -  197 words
    • Article, Illustration
      Lock icon Tribute to the late President Tito
      442 5 Reuter YUGOSLAVIA'S leaders paid emotional homage to the late President Tito at a solemn gathering on Tuesday as the country prepared to receive a host of world leaders (or his funeral today. The funeral of 87-year-old Marshall Tito, who ruled Yugoslavia for 35 years,
      Reuter; AP photo  -  442 words
    • Article
      Lock icon No trade war over steel if US is impartial
      305 5 AP ETIENNE Davignon, in charge of industry for the nine countries of the European Common Market, said there has been no talk in Europe of a trade war as long as the US government does not side with its steel industry
      AP  -  305 words
    • WORLD IN BRIEF
      • Article
        STRIKE SPREADS
        451 5 SWEDEN'S 11-day-old labour conflict which has already made a quarter of the workforce idle, has spread to the ferry services. The seamen's union has stopped all ferry services to Finland, Britain and Holland, all but one German line to West Germany, and all ferries between Copenhagen and Malmoe.
        451 words
    • Article
      Lock icon US presidential nomination as good as Carter's
      539 5 Reuter PRESIDENT Carter yesterday stood within easy reach of the 1980 Democratic presidential nomination after scoring three more primary election victories over Senator Edward Kennedy. On the Republican side, former California Governor Ronald Reagan alao won three primaries with ease on Tuesday night
      Reuter  -  539 words
    • Article
      Lock icon Bodies flown back
      522 5 NYT. THE REMAINS of the eight men of the US air force and marines who died in the fiery collision during the aborted rescue mission into Iran arrived aboard an air force transport at Dover Air Force Base on Tuesday evening, a Defence Department spokesman announced. President
      NYT.  -  522 words
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      7 5 Tjaufc Cuisine ala Kashmir (mivv 11,1 wsns
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      156 5 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 right answer is LETTS. Letts Diaries make the ideal business gift.
      156 words
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  • Article
    Suggestion born of comfort
    359 6 THE comparative ease with which the Skills Development Fund was introduced to assist in the upgrading of technical expertise has inspired 9ome industrialists to call (or the adoption of the same formula in tackling other problem areas created by our drive for technological advancement. One problem
    359 words
  • Article
    Matchmaking role is superfluous
    275 6 IT IS not surprising to learn that the matchmaking scheme of the Singapore Chinese Chamber of Commerce and Industry (SCCCT) has been foiled by the reluctance of local investors to reveal too much about themselves and their plan»- Businessmen around the world are seldom wont to
    275 words
  • Article, Illustration
    Lock icon A testing ground of Japan's maturity
    1619 6  -  In this final article of his three-part series on Japan-Asean tics A.KADIR JASIN reports that everyone, including the Japanese themselves, sees Asean as a testing ground of Japan's maturity A. KADIR JASIN Depthnews THERE is a general feeling in Asean that Japanese investors are
    Depthnews  -  1,619 words
  • Page 6 Advertisements
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      161 6 Wendy Hutton's [WAV LWJJsingapok! ....more than just a cookbook! Here, lor the first time, is a local cookbook that fives you more than iust redoes. More 1 l-i- -1 IL. too, mm nns of lasciuiunf and relevant information about Singaporean ingrecfients and cooking methods. Singapore Food is unique because n
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1275 6 TOP OF THE TRADE '80 7pa, m Chanel L TV 2 2 I 3 I t SINGAPORE 5 3.00 PM Op win Wtowed by Ri( Trade 3.25 Diary of Events (Chinese) 3.30 The Vafabond Swordsman (CM--4.20 Intermission 6.05 OpeniM M 6.30 Maws h Brief 6.35 Adventures Of Supenra 7.00 The
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  • Article, Illustration
    Lock icon An ideal marriage of convenience
    1770 7  -  SAINT GOBAIN-OLIVETTI PARTNERSHIP By PAUL BETTS FT MARRIAGES between large Italian and French industrial groups have never been simple affairs. In the late *****, when Fiat, the giant Italian motor corporation, sought to buy control of Citroen, the then president of the French car group
    FT  -  1,770 words
  • Article
    Lock icon DRAMATIC DOWNTURN
    720 7  -  By WINSTON WILLIAMS NYT THE LONG-AWAITED recession has apparently arrived and many economists are now saying that the downturn in the United States' economic activity will be deeper and longer than previously forecast. Government and independent economists believe that output will continue to decline for at least the
    NYT  -  720 words
  • Article
    A LIVELIER PRESS
    1097 7  -  (FORUM with B J WU MR CHEONG Yip Seng's Country Report to the 29th General Assembly of International Press Institute carried in the Straits Times (May 6) must have filled the hearts of Singaporeans, concerned with the standards of the nation's mass media, with joy. Here for
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      142 7 i I i ras ow De tne osuy time you see the chairman at a Joss for words •-V" Inspired by one of the greatest horologists in history Abraham-Louis Breguet Matthew Norman designers and craftsmen have succeeded in recreating some of the most famous of all carriage clocks. Handcrafted from
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      46 7 weflE, i p»m, summing? o^vseip PTf Su>mmiMG» fbCL wTne. SoUTu OF FRPiNCE. TMC SUM i«, fttftTlrtG. CXXJW Bn Stow: Pmi-y.: -iOL-£ tx> SUfID UXTf U3MPCT UXXXD WP«C HPPffeHED I r Tms UHK»isu£P£D?/ r **S Ik UJCLL. OSG. NOOt? sjrnA6vNPOiQf4/ > \onpGiNßTiOi, rb n? 1 sum! ,C- A
      46 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        264 8 MAY 06 Frs CORBE1LLE Air-Liquide 533 14 B S N Gervais Uanone MO 18 CSF (ThomsonCsl> 47# 15 Cte Francaise des Petroles 245 Compagnle Financier* Compagnle General* 305 18 Credit Foncler De France 453 2.g Hachette (Libraine > 147 +3 Machines Bull <3.80 01 Micheltn iB) 864 30 Paribas
        264 words
      • Article
        Brussels
        96 8 MAY 06 Fr» FORWARD MARKET Acer 258 1 Arbed 2100 unch Astur 460 unch Brascan 620 .2 Bru-Lamb 1258 -16 C'anpac 904 unch Cock 288 -2 D* B«*rs 208 3 Ebw 2020 -100 Clfftrobfl 5fl00 -10 Gb-Inno-Bm 2255 xd -230 Oev 1040xd -80 Hobok 2540 -45 Petro 5140 -20
        96 words
      • Article
        Frankfurt
        213 8 MAY 08 Dm AFg-Telefunken Huu Akao 21* AUt L»ben ***** -5 A1U Ver* 382-00 1 BASF Ml 80 0J Bay H T Wbank 222 SO -05 Bay Vbank aeon Bayrr ***** BBC 293 00 -34 BMW 161 00 r'nualla 340 00 unch Chem Verw 262 00 -1 Com merz
        213 words
      • Article
        Amsterdam
        145 8 MAY OS Us ABN 290 OOxd 1 Aboto 67 ao -0 2 A mo 23 90 0.3 \ktv 9620 0^ ar.«. 109 00 61 50 ♦a# -0.7 Qptpofci Bert Bob <230 0.3 Botsumg BurJun&nn Byenkorf caiv* uei ft u?li My 58 00 >1 II 9720 1 Fnnia ***** KpftXrr
        145 words
      • Article
        Zurich
        185 8 MAY 06 francs Actions Suisaes m Alusuisse Br. MM -10 Alusuisse Ref 486 -s Brown Boveri Br 1740 -s Clba Oelfy Br 1060 -10 Clba Gelfy PC no •s Clba Geify Rrg 5*7 -4 Credit Suisse Br 2140 -10 Credit Suisse Ref 392 unch Eleklrowati Br 2200 -S Georfe
        185 words
      • Article
        Milan
        105 8 MAY 06 Urc Ann* 025 -025 Assoc Gen ***** -440 B&slofi M2 -M Central* na •115 Flat 1*30 -30 K insider 76.28 IS Gen lmmot) 55 50 -05 IF1 Pfl 2270 -TO It&Jrementi 202T0 -530 ItAic&s 824 50 -U Italsider 113 -1 Magneu M Pf 580 unch Marelli Ere
        105 words
      • Article
        TORONTO
        201 8 MAY M CS Abilibl W'r .1, Alcan a. Alfoma a Bank Mont M Bank Nova Scotia 25 Bell Tel 19 Beth Corp BP Can Ltd.H! 42'> Brasran 25 Camp Red Lake 36. Can Imp Bk 24 Canpac Canpar Inv Pf Carlinf O'Keefe r. •>2 Cominco S3 i Cons Bath
        201 words
      • Article
        JOHANNESBURG
        315 8 MAY 06 Rand INDUSTRIALS A Alpha 300 unch Aherrom 275 unch AE And CI an AM1C 2250 25 Barlows 100 10 C| Sufar CNA L 1000 420 20 unch Currie Finance 1« unch Of Beers Ind MOB 30 Ed con 490 unch f ftfl n <1008 Eveready Ked Volk
        315 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      243 8 Where to wine, dine and entertain 4S f V' A T «s too running around And Hm I© pay lor me comforts In our cesyohws- Do yourMtf a law** Apoßo Sentosa SBO ne«ldoub*e occupancy S2»nett additional person SO par cf**i under 12 (accompanied by parents* Accommodation m chalets (maximum 3
      243 words
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      Page 8 Advertisements Column 2
      169 8 lubertutf Srtll f For lunch. For dinner. For a richly rewarding experience. Businessman's Lunch Mi >n<.iav to f-ridav, >1> servicr charge A cess Javanese R:)stafel Saturday Sundav Sl' l I'' s* j rv;i.e charye V> cess F or reservations call 737 c )b7 7 J i. H 1111 I l
      169 words
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      Page 8 Advertisements Column 3
      177 8 See Page 4 for Asian stocks See Page 9 for NYSE prices AV "V Dine at I I Dra^ofie Palace H.ivc a royal feast <tntonese delicacies <i memorable experience. Quit k I long Kong I im Sum Lunch «tv ailable daily. T (Corkpif tftolrl C rill Joseph im* lor n'serv
      177 words
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      Page 8 Advertisements Column 4
      156 8 Roti Prata at the Hilton? Yes And typically Cantonese dishes, too Food from the streets of Singapore that s right lp your alley And if you care to. you can even watch our chefs whip up your order before your very eyes Ail in the com'ort of air conditioning And
      156 words
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      Page 8 Advertisements Column 5
      157 8 The American Express Card serves you well wherever great food is served 40 i-i •-< w :>-7* v >' v > r.V #r 5 c V am Try some of our delicious local favourites lrt prepared to perfection. tfP*"*97Nonya Lakaa, Tahu Goranfl, Gado Gado, Mm Siam ft an assortment of
      157 words
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  • BANKING AND FINANCE
    • Article
      March housing loans up by 2pc
      419 9 THE SLIGHT setback in the growth of the local housing loan industry in February proved to be temporary. The amount of housing credit extended by the finance companies rose by almost 2 per cent in March to $586 million after an unexpected one per
      419 words
    • Article
      Lock icon Manila wants to re-gain top place
      312 9 AFP THE Philippine National Bank (PNB) said It would exert efforts to recapture its position as the biggest commercial bank in Asean within the next five years. PNB president Panfilo Domingo expressed his hopes that the hank would recover its top position in Asean
      AFP  -  312 words
    • MONEY AND EXCHANGE$
      • Article
        GOLD
        273 9 GOLD futures closed generally easier yesterday compared with overnight levels in light trading, dealers said. Opening quotations were marked down around US|6 an ounce following the melal's weakness in New York overnight and thereafter fluctuated marginally through the day, they said. Total sales for the day was reported at
        273 words
      • Article
        London
        250 9 THE U.S. dollar yesterday steadied from the lows seen in the Far East following the removal by the US Federal Reserve Board of the 3 per cent surcharge on discount borrowings by large banks, dealers said. The dollar opened at 1.7770/85 marks and later firmed to 1.7813/23 compared with
        250 words
      • Article
        ASIAN $
        150 9 ASIAN ASIAN currency deposit Interbank rates as at close on May 7: UtlWkntfHi) Offer BU 7 days 10*. 10H 1 month 10H 10V« 2 month* 11H im 3 months 117/16 116/18 8 months 115/16 115/16 9 months 11 <4 11 12 months 113/16 111/16 8w.Fr*. Dm. fllUJL Ma..! 1 month
        150 words
      • Article
        Discount
        7 9 1^ ■^ETITTIfWTT^n Source: National Discount Co
        7 words
      • Article
        Treasury bill
        45 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $60 million 91-day Treasury bills to be issued from May 12 to May 16 except May 13. Each tender must not be for less than $250,000.
        45 words
      • Article
        Singapore market
        457 9 THE U.S. dollar eased considerably against major currencies in yesterday's foreign exchange market and at one point, appeared as If It was going to crash. But later trading saw the US dollar recovering lost grounds to close firmer against major currencies. From an opening of 230.70/00 against the
        457 words
      • Article
        PLR
        22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 12.2 per cent.
        22 words
      • Article
        HONGKONG
        160 9 THE U.S. dollar recovered marginally on modest Intervention in support of the US currency yesterday, dealers said. Dealers detected some intervention on dollar selling from Europe In the early afternoon. Dollar/ mark dealings were active throughout the session with dollar/yen business subdued in anticipation of central bank support for
        160 words
      • Article
        TOKYO
        228 9 THE U.S. dollar for overnight delivery closed weaker at 230.90 yen yesterday, compared with a 231.00 opening and 234.10 yen at Tuesday's close despite small central bank dollarsupport intervention, dealers said. Trading was heavy with volume of US$l.l3 billion. The Bank of Japan bought an estimated $20 to $30
        228 words
    • Article
      Lock icon HK TO USE OPEN OUTCRY SYSTEM
      141 9 Reuter THE PROPOSED fcMNI geM ritara market is exMW ty fatares tradiag practice, a spokesman far Ike Hangkeag Ciaaity Exekange said. Tke nrrkaag» nvkri Hi eattaa aad near fataree tray» aM»^^ eatery ayateai wtth a abtare af graap tradiag aad la expeekMHa nlplM^fS C9IITICI
      Reuter  -  141 words
    • Article
      Impact of universal banking
      561 9 MOST companies which depend heavily on commercial banks and other financial institutions for short- and medium-term borrowings to finance their operations have expressed fears of being crowded out by companies affiliated with banks which will go into universal hanking once the concept is implemented. This concern
      561 words
  • Article
    NYSE manages to reap small gains
    1024 9 LATE profit-taking trimmed earlier strength but the New York stock market on Tuesday still managed small price gains over a broad front in the heaviest trading in two weeks. Analysts said profit-taking set in after traders took a negative view of a further hydrocarbon
    1,024 words
  • Page 9 Advertisements
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1480 10 BID" and offer prices officially lifted and hnrtnrss in and reparted to the Stock Exchange of Singapore yesterday with the .number of shares traded sh£rn in brackets in lots at l.qJo units, unless otherwise specified. SECTION ONE J INDUSTRIAL COMMERCIAL Aoii (2.976)
    1,480 words
  • Article
    Unit trusts
    166 10 SMGAFOBK UNIT TBI ■T on mm* (Maaagere' prteea kr Hi) 1) (Mm|in' prieaa Mr May The Commerce 2 43 2.56 Union Spore Fund 0* 1.01 The Savings Fund 1.52 1M MCOM1 E BON] D UNIT S pore Prog Fund 1.M 1.1S JCWT Income Boad •alfri lees) LM S
    166 words
  • Article
    SHARE INFORMATION SERVICE
    2723 10 Gr*» Gr'a Nat 1980 Last Div Div YTd P/B Vol Day Low Coapujr Sale +or- CVr (•000) Rig* Low SECTION ONE INDUSTRIAL COMMERCIAL •A. 370 245 Aetna 298 unch 15.0 24 54 164 18 304 207 223 220 Alcom 223 m 12.0 24 54 124 m M9
    2,723 words
  • Article
    In Kuala Lumpur
    1694 10 BID and offer price» officially listed and hiiilw 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. INDUSTRIALS Aema (2. SOB 3106) IP—OI (3 10B) (1) 3 .14 sail
    1,694 words
  • Article
    COMPANY MEETINGS
    85 10 MALAYSIAN America* Assaraacc Campaay BM: AGM to be held at Malaysian American Assurance Training Room, 12th Floor. Chartered Bank Building, 2 Jalan Ampang, Kuala Lumpur. at 11am today. Halted Overseas Lasd Ltd: EOGM and AGM to be held at 2nd Floor, Merlin Plaza, 7500 Beach Road, Singapore at
    85 words
  • Article, Illustration
    Traders focus on property counters
    648 10 THE PROPERTY seetar wu a eeatre af keen ictlvity at the Sagipwe stock exehuge yesterday, with prices clawing steady te Ann. Ai observer «aid the Isterest vh pnnpM by farther aem ea the Urhaa Bedevelepmeat Asthsrity teader resells aai reports that a leadlag Beagkeag baaher
    648 words
  • Article
    Mixed close in K. Lumpur
    594 10 SHARE prices fluctuated in erratic trading to close mixed to slightly higher on the Kuala Lumpur stock market yesterday. Profit-taking was discerned in most of the overnight favourites, but buying support later in the day helped them recover to around overnight levels. There was also
    594 words
  • LATEST RESULT
    • Article
      KESANG Tin (M)
      33 10 has re- ported a pre-tax profit of M 564.268 for the financial year ended Dec 31, 1979, compared with a loss of $19,619 previously, on operating revenue of $136,001 ($57,113).
      33 words
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  • COMPANY NEWS
    • Article
      Ajinomoto (M'sia) looking into other food areas
      1091 11  -  By SUSAN THAM AJINOMOTO (Malaysia) may see some interesting developments in the next few yean. The company is probing the food market for other areas of diversification to reduce dependence on its traditional food seasoning base. Although nothing concrete has emerged, opportunities lie
      1,091 words
    • Article
      Bandar Raya achieves five-fold rise in profit
      238 11 BANDAR Raya has successfully achieved its targeted earnings for fiscal 1979, with a group pre-tax profit of 17.29 million, compared with an earlier forecast of $7 09 million. The $7.29 million profit is a five-fold jump over the $1.38 million made in 1978.
      238 words
    • Article
      Lock icon Case for takeovers guidelines in KL
      549 11 w by HOCK LOCK SIEW THE blossoming of fresh interest in a number of cheaper rated shares on the stock market in the past fortnight has injected some excitement into an otherwise routine market. Takeover and merger rumours surrounding these lower-liners have helped fuelled
      by HOCK LOCK SIEW  -  549 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      680 11 \i;.\\k K i!. MM 1 SHII I ils I DKIMIUK, SHARE CAPITAL Authorised 10,000,000 shares of $1 each Issued and fully paid 5,000,000 shares of $1 each STATUTORY RESERVE RETAINED EARNINGS $10,000,000 $10,000,000 $5,000,000 500,000 1,429,564 6.929.564 $5,000,000 1,324.793 6,324.793 CURRENT LIABILITIES Deposits Bankers acceptances outstanding Accounts payable and accruals
      680 words
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  • Article
    Malaysia assures foreign investors
    562 12  -  by HSUNG BEE HWA POTENTIAL investors in Malaysia need not fear that the present rules on equity participation in that country will be further revised in favour of Malaysians. This assurance was given by Datuk Jamil Jan, the chairman of the Malaysian Industrial Development Authority (Mida)
    562 words
  • Article, Illustration
    AIR AGREEMENT RATIFIED
    333 12 SINGAPORE and Egypt yesterday ratified a 10year old air services agreement but flights by their national carriers will only be inaugurated after farther negotiations. •The agreement, first initialled by the two countries on Nov 26, 1970, provides among other things for three flights a week with narrow-bodied
    333 words
  • Article
    Lock icon Copters join fight against drought in India
    269 12 UPI THE drought in India has reached such severe proportions that air force helicopters have been pressed into service to drop food supplies. India's Pood and Agriculture Minister Birendra Singh said that at least 13 million people, more than half of the total
    UPI  -  269 words
  • Article
    Hitachi taken to task by CASE
    344 12  -  By RAHIM KASSIM THE Consumers' Association of Singapore has taken Hitachi (S) to task for its misleading advertisements of referigerators appearing in the press last month. A statement from the Consumers' Association of Singapore (CASE) yesterday said the Hitachi advertisements in Straits Times and
    344 words
  • Article
    Lock icon Long-term Opec price policy unlikely
    392 12 Reuter OPEC ministers met yesterday to determine a longterm strategy to ensure stability in world oil supplies and prices, but Iranian Oil Minister All Akbar Moinfar said he saw no prospect of agreement on this under current market conditions. Mr Moinfar said the oil ministers
    Reuter  -  392 words
  • Article
    Caltex claims its new CX-3 improves fuel economy
    415 12 CALTEX is offering motorists in Singapore a new kind of petrol which it claims improves fuel economy by about 10 per cent apart from reducing the level of carbon monoxide emission and keeping the engine clean. Caltex has conducted tests on 1,060
    415 words
  • Article
    Lock icon WRIT FILED AGAINST NUGAN
    76 12 Reuter HONGKONG and Shanghai Bank (Trustee) has filed a writ in Hongkong on behalf of a client to recover US$5OO,OOO from Nugan Hand Bank, a trustee department spokesman said. Hongkong Credit Bureau later said the writ was filed in the Hongkong Supreme Court on Monday against
    Reuter  -  76 words
  • Article
    Lock icon New UK stock exchange ruling
    141 12 Reuter THE London Stock Exchange Council has approved new rules which will allow jobbers to deal as principals directly with approved foreign brokers from June 22. -A stock exchange spokesman said under the rules, London brokers will not be precluded from dealing abroad when a
    Reuter  -  141 words
  • Article
    LONDON STOCKS
    820 12 LONDON, Wed. The market closed lower after relatively quiet trading, dealers said. At 3pm. the FT index was down 4.6 at 440.3. Attention was focussed on the UK April banking figures, which provided little support. Government bonds showed closing falls ranging to point ahead of tomorrow's application for
    820 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      99 12 P.T. BANK DAGANG NASIONAL INDONESIA, DOMICILED IN JAKARTA (BDNI) NOTICE FOR CREDITORS The Board Of Directors of P.T. Bank Dagang Nasional Indonesia (BDNI) wish to announce that in connection with their intended re-organization any parties having any financial claim against BDNI should submit their statement of claim in writing giving
      99 words
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      Page 12 Advertisements Column 2
      2 12 Leader...Page C
      2 words
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      Page 12 Advertisements Column 3
      423 12 Businessmen, Are You Getting Your Share of the Billion Oil Industry? The South East Asia Ofl Directory 1980-81 (Third edMon) 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
      423 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      67 12 ([WEATHER Outlook for Singapore from 6 a.m. to 1 p.m. today: Cloudy with thundery showers in several places after midmorning. Report tor U hnn peter to 7JI pjL m May 7 at the airparL Maximum temperature 28.6 Associated humidity 89 Minimum temperature 22.5 Associated humidity 97 Hours of sunshine 15.50
      67 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Aussie disputes
        130 13 Reuter VARIOUS industrial disputes in recent days have delayed shipping to some extent in most Australian ports. There have been lengthy delays in Sydney and Newcastle due to a tugboat strike, the coal industry dispute and a meeting of marine pilots yesterday to protest at delays in pay
        Reuter  -  130 words
      • Article
        Lock icon Survivors may be stranded
        112 13 AFP SOME 20 survivors of the ill-fated MV Don Juan which sank in central Philippine waters on April 22 after colliding with an oil tanker are believed stranded in a deserted islet off Romblon Island, 272 kms south of Manila. Relatives of some 200 persons still
        AFP  -  112 words
      • Article
        Conferences raise CAF
        30 13 THE Far Eastern Freight Conferences said they will raise the currency adjustment factor (CAF) from Japan to 40 per cent from 35.5 per cent, effective May 8.
        30 words
    • Article
      ITF to consider minimum wage for Asian crews
      729 13  -  By LINDA CHEE A SPECIAL minimum wage rate for Asian crews working on flag of convenience ships will be discussed by the International Transportworkers Federation's Fair Practices Committee when it meets in London on May 22-23 to review its current campaign against
      729 words
    • Article
      INDEX TO ADVERTISERS
      549 13 Mpptag Uh PM* CM 1 Pace 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 Freight vm 2 ANL I 1 Frota Line V 4 APL
      549 words
    • Article
      Lock icon History repeats itself for port of Wuhu
      520 14 AFP THE PORT of Wuhu, 400 kilometres up the River Yangzi from Shanghai, is once again a symbol of China's opening to international trade. But this time, 100 years after having been one of the "open ports" set up in colonial China by
      AFP  -  520 words
    • Article
      Lock icon US Navy's third attempt to free Greek freighter
      427 14 UPI THE UNITED States Navy tried for the third time on Tuesday night, with the help of an extra ship, to pull free a Greek freighter with 25 crewmen aboard that had been stranded on a reef in the middle of the
      UPI  -  427 words
    • Article
      Container Schedules
      1018 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
      1,018 words
    • Article
      LONDON FREIGHTS
      1486 14 NORTH American grain chartering was slow on Tuesday but cargoes were fixed from the US Gulf to China at US$42 free discharge for June/July and August, also from the US Gulf to Indonesia at 152.06 (fio) for May and from US Gulf to santo domingo at $26 (fio)
      1,486 words
    • Article, Illustration
      Vesper plans to cut back final dividend
      834 15 TAKEOVER SNAG FOR THE first time since the UK government took over its shipbuilding interests almost three years ago Vosper is penalising shareholders because of the lack of progress being made in settling compensation terms. To date, the group has received just £1.35
      834 words
    • Article, Illustration
      SHIPS IN PORT
      585 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Serosa (1830 hauls after Toyofuji 5 sails, 011 completion of UTM/L) 35/36 Bontany Trust (Tanker, head west) (2100 after Bunga Serosa hauls, D/L 6 L/L) 33/34 Fenix No 1 (Ro/Ro) (1730 after Keiyo Maru) 45 Hupeh (1800) 44 Kawana (Ro/Ro) (0700
      585 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2875 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
      2,875 words
    • Article
      Lock icon Record rates for grain and coal shipments
      795 20 AFP RECORD rates were paid coal and grain ship- £< ments out of the United r States on the London freight market last week, but con- >• .versely there was an easier trend for Great Lakes grain cargoes. Business was generally T affected
      AFP  -  795 words
    • Article
      PLA must shed its surplus labour
      428 20 THE Port of London Authorv -ity will not return to viabil- ity until it has improved its '--working practices and shed its surplus labour. This is the conclusion of a m report on the PLA's fiver strategic plan prepared accountants, Price Waterhouse, for the
      428 words
    • Article
      WORLD SERVICES
      280 20 EUROPE-NZ: The ban on Soviet vessels by the US Longshoremen may prompt the early introduction of roro services to New Zealand under the Russian flag. The Baltic Shipping Co is investigating 'switching its Skulptor-class of 774 TEU ro-ro's to the run to Australia and New Zealand as from
      280 words
    • Article
      WHO ACTS FOR WHOM...
      1431 20 The leading shipping lines operating frem local perts and the agents whe handle cargo bookings for them. A B Adriatic Cwtilwr CootinenUl Feeder* (S)/Cargo Freight (PK). j AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). AMred C. Tiisllil Sea Consortium (S)/Marinte* Enterprise (PK). Alpae Intraaea (S)/Yeo Shpg
      1,431 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      255 13 TANK CLEANING Whether you are sending it to the DOCKYARD for repairs the SCRAPYARD for scrapping or making a CONVERSION consult: PIRAEUS MARINE SINGAPORE PTE LTD m V. Orient Overseas Co*Uci*teA Line OCMLBNIftZni ncarat im 27/5 28/5 26/5 30/5 3/6 3/6 4/6 5/6 8/6 11/6 7/6 1/6 9/6 12/6 16/6
      255 words
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      Page 13 Advertisements Column 2
      257 13 UNITED ARAB SHIPPING CO SAG; JJ a■ aIAi EXPRESS MULTI-PURPOSE SERVICES IEOII Dubai (13/6), Damnum (15/6), Kuwait (17/6). Shuhaiba (19/6), Abu Dhabi (22/6). Doha (25/6) Dubai (19/6), Dammam (22/6). Kuwait (25/6). Abu Dhabi (28/6). Doha (1/7) Dubai (1/7), Dammam (4/7), Abu Dhabi (7/7), Kuwait (10/7), Mma Qaboos (13/7) FULLY CONTAINERISED
      257 words
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      Page 13 Advertisements Column 3
      25 13 mm CONTAINER Schedules U LONDON Freights U/UI SHIPS In P»rt m shipping UMt vn REGIONAL Wetther Vffl WHO Acta Fir Whom vm WORLD Services Vffl
      25 words
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      Page 13 Advertisements Column 4
      641 13 I<£ cnan I Alift'ri.in N.ition.tl Lm< WE SERVE MEDITERRANEAN AND ALGERIAN PORTS ll j NMOnCIMMiTMBM MOCTPTL LTI. Tet *****4 (Shoes) SINGAPORE MAERSK LINE EXPORT TO U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA AND ASIAN PORTS .■II"";'? 3E5 IS-15/5 I*2o/5 27-21/5 2-3/6 12-13/6 T Smcapore Clow* Times *CY 13/2000 In CFS 13/0800
      641 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      630 14 LEO SHIPPING PTE LTD SINGAPORE PERNAS MISC SHIPPING AGENCIES SDN BHD PORT KflflNG PENANG HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 I MALAYSIANNTERNATIONAL SHPPNG CORPORATIONBERHAD 2) Rdam 3) H'twt 4) Gbwrf CmAmm Swfrt feeder fhlM Vessel S port 1) I DAHLIA 10/5 SUM 13/5 i B.PENAGA 17/5 NOEMM 20/5
      630 words
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      Page 14 Advertisements Column 2
      252 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA R.Mn| Ma 7/s iMS/5 •11/S •25/5 KM Sa* CM* r—n Mm St Mm M. OM. tart" Mri 1/7 4/7 5/7 7/7 9/7 U/7 12/7 20/7 23/7 21/7 22/* 24/8 25/8 27/8 2/7 J/7 1/7 7/7 9/7 11/7 12/7
      252 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      517 15 Overseas 1 H u Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok Containcnhjp Services To/From Banfkok H"bw| traai rim I* Ham S ton P Aetog Spare lint Perls: ■ninfci hM hM hU hM hM iki Ift) MR, US Mk IM hM hM
      517 words
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      Page 15 Advertisements Column 2
      188 15 rfe Franco Belgian Services Fi h't. > t>v i.'li< ,i ik b rn Lire--5 Seatrain Pacific Services S.A. SINr.APORf t NQUIRIF S CIS??? 4041 Termmai /?CS*» Optorg Shipping Pte. Ltd. K u»ia L umpu' *****3 PoftH#»l#»nq 'OCI 2 J 7'S<»o3 P*n*r>q b3?4 l EL M A jl I EMPRLSA LINtAS
      188 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      355 16 Hapag-Uoyd H Spar* 3 Agents SEGANI MEDAFRICA LINE M iA.'K ,an PA; it E3 PROLINE 7 V uwm aw Sport PGudant PKettnf Pnunf Riant H'bvri (HI 43) k VENTURE—— M Port 28 May 30 May (K 44) SAN MCOLAOS 14/16 May 10/14 May 11 tune 13 tune (If 45) N
      355 words
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      Page 16 Advertisements Column 2
      292 16 LIME KOREA SHIPPINO CORPN <» cn a n i jxL a., y' j. —xJ j a i a Algerian National I >ne TTTTTTTn WITH SPECIALISTS U3 J UNIPACIFIC TRANS A HADING OHlt NT Ai SHIPPING CORPS AGENCY PTf i. T D j- 'P Ql4 144 S IAPIiH; H Si', 1
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      539 16 ©EVERGREEN LINE FAR fAST RJROPf fXPRfSS FULL CONTAINfR SfRVICF 1 ACCEPTMG CARGO FOR HAMBURG FELIXSTOWE. ROTTERDAM. ANTWERP. IE HAVRE ALSO ACCEPTNG CARGO FOR UNITED KWGOOM SOUTHAMPTON LONDON. MANCHESTER. BtRMMGHAM BRISTOL LIVERPOOL GLASGOW. LEEDS WEST GERMANY BKMCRHAVCN HOLLAND AMSTERDAM S'pwt tata| ftafartai htwm f It ft Emt «•»f> 3 Mi» n
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      Page 16 Advertisements Column 4
      661 16 Everett Lines/ a Burn* Fivt Star ShiffMfl Corp*. "BURMESE NATIONAL LINE" LOADING FOR RANGOON S'pn PjUMi Pana* MM mmt/i Mm MTMTMOTM 21/21 May pkm ivnm 15/iiMy n-m man mm B F SS C Agent* in Motoywo TEPS MALAYSIA -0\ Campania AramtiM Of rf> Navaaaciaa lataraaatiaaaKal S. A.C.I.F. mj "ARGENTINE NATIONAL
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      Page 16 Advertisements Column 5
      443 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. 31 SANKYO LINE AUSTRALIA SERVICE f. Mhi Stappara LaaMat tar 13/15 J/12 III; STD MEL WQ 11/12 la 13/15 km SYS. NO, MEL BANGLADESH SERVICE k Part CtfTTAGONG. CHALNA JAPAN/STRAITS SERVICE w ARLANDER Llf\J AUSTRALIA SERVICE 5/7 Jh l/ll taa SVD.KL.MB_ mtmm. m *****44/*****1371
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      672 17 PIL GROUP EAST AFP.ICA/REDSEA SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES Singapore 6/9 May Loading For: Chtttafont Madras SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SING APORE/INDONESI A/SINGAPORE SERVICES S E A Container Feeder Service SIN/JKT/SIN/HKG MAN ACCEPTABLE LCL/FCL CONTAINERS T. Pakistan National Shipping Corpn. Karachi Pan Islamic Steamship Co. Ltd. Karachi ETA S pore 15/17 May Loading tor
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      Page 17 Advertisements Column 2
      461 17 ?T*j BEN LINE CONTAINERS n BEN ASIA CONTAINER SERVICE EXPRESS COffMKR SERVICE STRAITS/TAIWAN/JAPAN r Act 3419 14/9 14/9 MP*H 11/5 21/9 23/9 12/5 21/S 27/5 24/5 la Stan C*»*r Act BENBULK I BULK SERVICE FOR TIMBER AND PLYWOOD Rntfl. TcM Aye St** M Pt/14 M* l**/ <31/2 te») 1/5 tM
      461 words
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      Page 17 Advertisements Column 3
      509 17 Scan Dutch V f WEEKLY EXPRESS CONTAINER SERVICE ii l)tfa«B?)roM 3)H-t»|4)C'kw| V v .l u 7/4 14/4 I/I 15/1 IVI 17/1 tv% nn nn ft I'.lV R mm imql)llto|))r«4|r*i S)UH I ID MDOM m M M m id or SM m at m m M M tW W 14/5 IM
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      458 17 BOUSTEAD SHIPPING AGENCIES THE BANK LINE LTD LOADS FOR E. I S. AFRICA BUKttAM 12/UMa, May TIM., (also kxdint lor fort Ekt. East I onto* ind C town) AVESSI LVKES ORIENT LINF U.S. GULF COAST SERVICE (M Hmwinn gj i V Un63flSt MOUSIOn b2IV(StOf)) UMlfflSd**' USG* tail) 17/11 May 19/21
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      722 18 8 Kline KAWASAKI KISEN KAISHA. LTD. EXPKESS CONTAINER SERVICES TO NORTH AMERICA i *aar nt motto hex Nt 12/3 11/1 Mi Mm Mm Mm TMMM IMI rln 191 11/5 11/5 Ma Mm Mbti Mm ■IM 12/5 11/5 IM MM TO EUROPE PROM EUROPE TO PAR EAST *1 Hnr* f Mtaf
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      Page 18 Advertisements Column 2
      460 18 CAUFORMA/PACfIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER SERVICE lM*| tar IOS AMttIES. SM FRANCBCO. SEATTU. TACOMA. KMCOIWI LC fa/fa M*n AUSTRALIA EXPRESS CONTAMER SERVICE Fd/ra CmMmti NEW ZEALAND SERVICE i irmnoa. miKfat i fa/»a cmm JAPAN SERVICE T TO (OK. NROVA. YOKOHAMA •s.O HYSORt •VBHV* TASK VBHV* ASHA~ VtSHVA CHETANA VBMVA
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      Page 18 Advertisements Column 3
      729 18 i\ (tIMMip SINGAPORE SHIPPING AGENCIES PTE LTD W'M KOOK OCt AN Hui|.D NG SiNGAPO«I t MA«M Ting 91 1< j I NtSi GfNI«A, 9ijll 1 1 4 iIN IS. Tilt* fts ;4S9S BS ;SShg A B CARSHiPtt AHJ CA«GOSN»P Container Lines 1 tin* WEEKLY CONTAINER SERVICE to/from BANGKOK naqUOBE BOUNTY
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      Page 18 Advertisements Column 4
      576 18 U\ GRAMARD LIME INDEPENDENT-ATTRACTIVE RATES u MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CAMCO PCL ONLY FOR POUT SAID. ALEXANDRIA. BEIRUT LATTAKIA. UMASSOL. ISTANBUL A PIRAEUS Specialty engaged agents A stevedores providing immediate discharge IMON ICW TOW V. 3SN FORTIK STM WW SMS MM *C«* Pert SaM. (.attain ft NmmM C*|
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      Page 18 Advertisements Column 5
      525 18 ■MAi mjmam UJMU INTRASEA (PTE) LTD abe' House 2 34E Ochjitf Roic: Sirvqa^oT l 9 Telephone *****11 *****b' REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S>a* P. N877.... 2t May 24 41M 31 UMfkr WW flgf.Hl (AVON) BOHLOOE/W (AVON) ATLANTIC HANK MTRASCA (PTE) LTD *****11 HOOK YEOSMPPWCII BCTB OVERSEAS *****/2
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      449 19 TO EUROPE/UK (VIA SUEZ): IS. BMME— N. CORAL C. COffTMB. K. iACDM IW BHDS HPEARL C. PAUL Containers Feedered to/from F'stowe Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ): N. CORAL S'pore Closing Times: Fa Cargo 2100 15/5 La Cargo 0900 15/5 TO AND FROM AUSTRALIA: Am Also accepting
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      76 19 NOTICE We are pleased to announce that our mother-company in Scandinavia recently was appointed General Agents to the Notional line of Morocco, Compagnie Morocaine de Navigation, Casablanca (COMANAV). The Line is offering a weekly containerservice from Hamburg to Casablanca and other ports in Morocco. From Singapore, we can offer you
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      273 20 WORLD LINE SANVASS GOUKM LAKE (MMRA 1 L-2t May 1/9 141 May 15/16 14 May 22/23 wr<M evkss (S) rn in>. tit Mb Fk.. IDarid Trade Caafre. May 10/11 May 17/11 May 24/25 Tat 27(1111 Fart lata* On Afent fOMBUi «UT ABM. Tat iaMM/W317/]M7M/3Sn« Stnwi General Stuny tor "010 FAIR"
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      Page 20 Advertisements Column 2
      108 20 KMUUKR (MBTMUA) PIT. LTD. hdipwdMl rtfutar ctntiiMr Mnict km East Aintraian ptrb K IWk Srtotr S'pm M*n H/M M>t 21/12 M* Mar 13 tbj 3/4 haw S/(Jm 7 km 11 km 8/5 M 11/11 M «\EMMV4S KTOSQMMUVM KTOTDIMMU V5l. Sinfapart: HARPERS SHPPMG Tel. *****00 P. KeUnj: PERNAS-MSC Id PK *****1/4
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      Page 20 Advertisements Column 3
      82 20 NOTICES rrm godown m General survey on damaged cargo discharged ex the above veMel will be held on Friday 9th May MO. as from 9.00 a.m. to 12 No further survey will be held after this date. at PA*. (Mm General Survey of damaged cargo ex the above vessel will
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      157 20 Regional Weather r */A X 'A e -n v i »< iN z /Tl as w 100E SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. ire °C T s-S Wi" Wind direction with speed in knots Dew point C Wave height R Thunderstorm Temperature °C Shower Weather Wind
      157 words