The Business Times, 20 May 1980
1980-05-20
1
20
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The Business Times
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Title Section11 1980-05-20 1 BUSINESS TIMES RLCO*) N*. IM/1/M TUESDAY, MAY 2t, 1181 50 CENTS11 words
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BRIEFLY...
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Article89 1980-05-20 1 OVERSEA-Chineae Banking Corporation (OCBC) said it is reducing its prime lending rate to 11 Vi per cent from llVi per cent, effective today. Tfae bank is also cutting fixed deposit rates by a quarto- point across the board, with the rate for one-month deposits easing to 9V489 words
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Article73 1980-05-20 1 UPI i JAKARTA, Mon. Indonesia will increase the prices of its crude oil by an average of US$2 'a barrel, effective tomorrow. The state-owned oil company Pertamina said the increase was "linked to the world market sitaiatkm". The $2 a barrel increase will, for the firstUPI - 73 words
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Article68 1980-05-20 1 AFP JAKARTA, Mon. Indonesia is building up its armed forces by buying new war planes and ships, Defence Minister General Mohammad Jusuf today. "Another 100 battalions of crack troops will be added to the army; the air force will get new bombers and fighters while the navyAFP - 68 words
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Article49 1980-05-20 1 UPI ROME, Mon. The government today decided that Italy will not send an official team to the Moscow Olympics. The decision was taken at a special Cabinet meeting and was supported by the government's three coalition partners the Christian Democrats, the Socialists and the Republicans. UP!UPI - 49 words
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Article35 1980-05-20 1 Reuter NEW DELHI, Mon. Former Indian Finance Minister Hemwati Bahuguna today quit Mrs Indira Gandhi's Congress (I) Party, saying he objected to her younger son Sanjay's role in party and government affairs. ReuterReuter - 35 words
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Article66 1980-05-20 1 AP NAPLES, Mon. Terrorists killed a local official of the ruling Christian Democratic Party today, spraying his car with pistol fire in an poHce reported. Four members of the gang, including a young woman, were arrested after a high-speed chase through the crowded streets of Naples thatAP - 66 words
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Article57 1980-05-20 1 AFP TEHERAN, Moo. Iran's revolutionary leader Ayatollah Khomeiny has ruled out any idea of a coup d'etat in his country. Tne Ayatollah told revolutionary guards here that to succeed, a coup d'etat would require "a dormant people, and ours are awake. It would need a puppet armyAFP - 57 words
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Article60 1980-05-20 1 AP NEW YORK, Mon. The stock market was mixed this morning, pausing after last week's strong advance. The Dow Jones average of 30 industrials, which registered sains in each of the past four sessions, dropped hack 2.82 to 824.06 in the first half hour. Gainers held a slightAP - 60 words
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Article141 1980-05-20 1 Rises MUI no +100 PMC MO +35 Mtpui Corps 989 +25 Straits Trading 1719 +20 M Credit 236 +17 UIC 536 +15 Traeto ra 746 +10 Indices May 16 May 19 B.T.Indicator: 4688.62 4817.43 Industrials: 503.09 506.29 Finance: 890.91 887.79 Hotels: 443.92 445.24 O U I 560141 words
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Article, Illustration148 1980-05-20 1 Rises Indices MUInd, 700 +75 May 16 May 19 U Cables 372 +32 B.T. Index: 7796.01 7797.97 PMC 650 +30 Industrials: 578.72 579.68 Magnum Corp 990 +20 Finance: 804.79 799.00 MGredit 237 +17 Hotels: 371.05 371.05 C Sugars 482 +12 Properties: Tins: 409.42 410.58 S Trading 1280 +10148 words
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Article651 1980-05-20 1 FONG MEW LENG - GUIDELINES BEING DRAWN UP By FONG MEW LENG THE Government's incentive package to promote research and development may not be as generous as it seemed when it was first announced. A high-powered Government committee set up to study the incentive package is still deliberating the651 words
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Article244 1980-05-20 1 THE chairman and president of the American Rrfanhawlr is to hold talks with senior Government and business leaders during his four-day visit to Singapore. Mr John Moore Jr, who arrived in the Republic yesterday, is schsMed to meet two ministers Mr Goto Chok Tong,244 words
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Article536 1980-05-20 1 THE Inland Revenue Department's new ruling that travel and transport allowances are no longer tax exempt has caused concern among many taxpayers and their ettpkQms. Taxpayer#* vhr had previously m rssrfully rhtmirf tax exemption on travel and transport allowances they received from employers 'are surprised536 words
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Article271 1980-05-20 1 UPI FIFTY thousand students and residents of a major city south of Seoul yesterday battled fully armed paratroopers with rocks and sticks for a second consecutive day, defying the proclamation of full martial law and a ban on political activity. Reports from Kwangju, 272 km southUPI - 271 words
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143 1980-05-20 1 SOUTH Padße Textile MartriM, eeaflrmlag psssd a ww Nc tw» hJaas wsm alsag with Its aa> |Mi laTYe esmpsay alse diseased IfeU It slaw Is diversify Its adlHttM wllfe the tnewfwattsa at BPTI Prsparßas Sda Bhd. It bJsliwltni that^gPjn Bra «U a revalnallea143 words
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435 1980-05-20 1 RONNIE LIM - By RONNIE LIM THE DUTCH multinational, Philips, is negotiating a contract with China which will involve not only the supply of audio products from its Singapre operations but jdso the provision of knowhow in the form of assembly techniques and production equipment from Philips435 words
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Page 1 Advertisements
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Advertisement41 1980-05-20 1 Corporation For all tn«i of Culinary (Oriental nillfm mil!, and European) Ttl: **********94 yOjN»<. wfcola. Tataa: M ***** A/SRAKIC OR Hibtad. Kfb». Caw* "BAIOCOUP" aeeda.rooti, aplcea Factory MaraHtM InduMrM Estate Matayata Tab 554*4 Manufacturer. ■at«: "RAKtCO*P" Johort Bahru miller and stockiats.41 words
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Advertisement68 1980-05-20 1 Electronic Typing System oyer much of the preparatoft end written text in tto buttntt? office of today. prepared to turn over many of your typing setHjp and reproduction chorea to the ACS Rue which is phased among theieodors of the world in wofd processing and free your eecretary'e time for68 words
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Advertisement77 1980-05-20 1 Leader... Page C mm. SHIPPING TIMES OVERHEAD shelters to im- U8 leees entnl ever Its lmmlpTOVe Safety m—mmmmm—mmmmmm I |lllilS piley 7 PROFITS sI US retailers ex- GUTHRIE Berluri ea the way peeted to fall sharply fi to a fall reeevery...................... II HONGKONG may halld a mad- HARAPAN betel to77 words
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Advertisement231 1980-05-20 1 RICOH Plain paper copiers Preferred by offices worldwide CALL *****5. ?V! Wywy Private Limited mmmm Wywy House, 17 Leng Kee Road. Stnaaporeo3ls. Fly via Amsterdam unique gateway to the UK Why via Amsterdam A total of 358 flights paweek connect Amsterdam with 22 major centres in the UK and Ireland231 words
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TRADE AND INDUSTRY
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Article390 1980-05-20 2 A DEPARTMENT of Trade official has urged manufacturers of plastics products to look to overseas markets in their efforts to expand production capacity. Mr Ngiam Kee Jin, the department's commercial secretary, said during a plastics industry seminar on Saturday that the department, through its various390 words
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Article, Illustration167 1980-05-20 2 A LOCAL manufacturer has introduced overhead shelters that can improve safety at construction sites. Mr Bruce Garbutt, deputy general manager of BRC Weldmesh, said that wiremesh is an ideal material for construction of such safety shelters which are designed to catch falling debris at worksites and thus167 words
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Article453 1980-05-20 2 SEMINARS AND COURSES May 19-June 19: Reliability Engineering, Sisir Lecture Room, Sisir May 21-23: Advanced Programming Techniques, Institute of Advanced Technology May 22-23: Managing Foreign Exchange Risk, Shangri-La Hotel, AMR International May 23: 10 Lectures on Psychology (or Daily Living, Room 37C, Waterloo Centre, University of Singapore's Department453 words
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Article, Illustration259 1980-05-20 2 JARDINES Marketing Services is projecting turnover this year will be four times that of 1977. The company has secured several new agency lines in the last two years and will be launching several new lines in the coming months. General manager Robert Tatlow said259 words
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Article168 1980-05-20 2 THE Singapore Tourist Promotion Board has appointed a public relations consultant in the Netherlands in order to attract more visitors from that country. The Dutch company, Public Relations Associates, became the STPB's public relations representative on April L The STPB said the consultancy was appointed168 words
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Article97 1980-05-20 2 A FTVE-member Italian trade mission will in Singapore from May 29-30. Although it is primarily an export mission, two members are interested in exporting gift items. The Cremona Export Mission, to be lead by Mr Paolo Corazzi, is keen to meet local importers, agents, wholesalers and department stores.97 words
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Article88 1980-05-20 2 OBEROI Imperial hotel in Singapore has introduced a new package for the travelling business executive who wants to take advantage of its facilities at a rate far below normal tariffs. Called the 'Destination Singapore' package, the executive pays US$52 for a room, a full American breakfast, a88 words
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Page 2 Advertisements
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Advertisement464 1980-05-20 2 HPC»hcmla»onmobninakhMtkiUUmwiafmikmimiHP4mlm>A fc P PHOTO STORE PTE. BOON 4 COMPANY PTE. LTD. MECHANICAL ft LTD. Tck ***** COMBUSTION ENGINEERING Tffc *****31 COMPANY PTE. LTD. POTOTEONK ENTERPRISE T«t 27UH3 i V > MAfULAH OinCE r. SAFAJtIDBMgI ALLEY TRADERS PTE. LTD. EQUIPMENT (PTE) Lfß. STORE PTfcLTt fc", A 0 '•li.lMu, <***■ ALBERT PHOTO464 words
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Advertisement39 1980-05-20 2 :o: a |j« Mk« r. h i a >.-.c I 1 tf ZjlS rtcromr DtmtSfMttmf ro«KUM«t'<»i STHL(S.EAJPTE LTD Unit 1003, 10th Floor. Tan Boon Liat Building, Outram Road. Singapore 0316. Tel: *****47 (3 Line#) Cable: STIHLSEA Telex: RS *****39 words
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REGIONAL
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449 1980-05-20 3 Business Day THE Philippine Ministry of Labour and Employment has ruled that starting this month, only construction companies regiftfrfd with the Philippine Overseas Construction Board (POCB) will be allowed to export construction workers for overseas projects. Thsre are now an estimated 50,000 constructionBusiness Day - 449 words
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189 1980-05-20 3 Reuter PHILIPPINE Energy Minister Geronimo Velaaco is due to meet officials of the American Westinghouse Electric Company today for talks on improved features at the country's first planned nuclear power plant, energy ministry officials said yesterday. President Marcos halted construction at the plantReuter - 189 words
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Article, Illustration47 1980-05-20 3 THIS SPACE cyt ramrt "Up Wtagii the CUmn Navy, photographed by a Reyal Aastraliaa Air Faree Orlen aircraft la the Seath Pacific. The ship to eae ef agraap depieyed far the lint test firing ef a Chinese inter-eeatineatal ballistic ml—lli UPI phate. UPI photoUPI photo - 47 words
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491 1980-05-20 3 AP A MAJOR commentary has urged that China break down barriers that have made its various sectors independent but often Inefficient economic kingdoms, and let each get rich by concentrating on what it does best Meanwhile, an economist' has warned that despite heavyAP - 491 words
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272 1980-05-20 3 Reuter THE Vietnamese and Thai Foreign Ministers yesterday began talks in what could be the start of a lengthy dialogue aimed at reaching a compromise on the Kampuchean issue. Vietnam's Nguyen Co Thach arrived in Bangkok on Saturday leading a highpoweredReuter - 272 words
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329 1980-05-20 3 AFP INDIA has decided to recognise the Heng Samrin "revolutionary government" of Kampuchea and a formal announcement to this effect will be made in "due course", Prime Minister Indira Gandhi's newspaper National Herald said yesterday. In an editorial headlined "Recognising Kampuchea", the Herald, whichAFP - 329 words
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Article254 1980-05-20 3 AFP THE CHAIRMAN of the Indonesian Chamber of Commerce and Industry (Kadln), Mr Hasyim Ning, has suggested that the Jakarta government should stop making surprises such as oil price increases because they will only add to the people's burden. "The government should not fed It always knowsAFP - 254 words
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121 1980-05-20 3 Reuter AUSTRALIA'S 500,000 metal workers this week began a campaign to reduce their working week to 35 hours from 40 The campaign was organised by several trade unions representing the metal workers and will include brief protest stoppages throughout the country over the next five days.Reuter - 121 words
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346 1980-05-20 3 AFP Reuter JAPANESE Prime Minister Masayoshi Ohira will attend the June 22-23 summit of industrial nations in Venice, Italy, although his Conservative government has been voted down in a no-confi-dence motion in the Lower House. He said he wished to attend the VeniceAFP; Reuter - 346 words
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THE REGION IN BRIEF
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Article425 1980-05-20 3 Agencies HONGKONG'S total value of visible trade was HK543,956 million in the first three months of this year, an increase of 38 per cent over the same period in 1979, according to official figures released recently. Domestic exports rose by 36 per cent to 113,708 million, importsAgencies - 425 words
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Article206 1980-05-20 3 Reuter JAPAN'S overall balance of payments deficit widened to U555.36 billion in April from a revised $2.53 billion deficit in March and a $2.97 billion deficit a year earlier, the Finance Ministry said in a preliminary report. The current account deficit in April widened to $1.89Reuter - 206 words
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141 1980-05-20 3 Reuter SIX major Japanese steel manufacturers will start negotiations with China in Tokyo late this week on China's steel imports in the latter half of this year, steel industry sources said yesterday. The Japanese companies are placing great expectations on the negotiations because of the increasinglyReuter - 141 words
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Page 3 Advertisements
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Advertisement5 1980-05-20 3 r"i E/otic Food (trnvVt y^»\VVvV»n5 words
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RAW MATERIALS
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510 1980-05-20 4 NYT CONTROLS in the US. over commodity speculation probably In the form of federally-set margin requirements, could emerge in the wake of the silver collapse. Congress, the exchanges, the regulators and the Administration are all involved in the debate over ways to dealNYT - 510 words
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Article167 1980-05-20 4 CHINESE Predaee Exekasge, Stagapere, I—leg, prices per 111 kg JtVWnMljr Cse—t all: Bulk fob $137.50 sellers, old drum (in second hand drum) fob $147J0 sellers, new dram fob $154.00 sellers. Copra: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $500.00 sellers, Sarawak white pepper faq167 words
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Article296 1980-05-20 4 THE Singapore rubber market closed slightly lower yesterday, with June One RSS buyers quoted at 287.50 cents per kilo, down three cents from last Friday's close, dealers said. Morning prices were marked down about 2.50 cents on some speculative and stoploss selling, they said. The afternoon session was quiet296 words
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Article286 1980-05-20 4 R.A.S. prices in cents per kilo yesterday: (perklto)^ (per kOo) n.n... Int. 1 R-S.S prompt f.o.b. 3BIJ0 Int. 1 R.S.S. June 287 JO Int. 1 R-S.S. July 282.00 Int. 3 R.S.S. 281.00 UK/Ooat mOO Int. 3 R-S.S. 278.00 UK/Coot m.OO Int. 4 R-SS. 772.00 UK/CM m.00 taL 9286 words
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Article81 1980-05-20 4 NOON 88R aad RAfi SMRprien yM *4v. Jna is ICuml Imnl nuo f\ WlFW If! Mth) SSR 30 (1-lon pallrt) MM 1 r«J0N Ivmft J74J0 ■Din 77U0N 273J0N SSR SO MKKLB (1-ton pafat) 2W.S0 Jmm mjoN m.so Jm* SMRCV SMRL SMR5 3MRGP SMR10 SMR JO SMR SO81 words
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Article89 1980-05-20 4 THE market In Kuala Lumpur firmed on extended covering from last weekend and reports of rumours that the Middle East is expected to make enquiries, dealers said. The refined market was featureless. CXF. North European ports, In US dollars per ton unless otherwise stated: LONDON: Fri Prtviom Malaysian89 words
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Article85 1980-05-20 4 THE Stralta tin prim In riiißj reesverod Ms 2 per picmi to $2,178, $33 tteve ike litßftl—l Tbi Agreement ceiling, dealers aid. lie market recovered on seme Japanese and leeal keying In reaction to last Saturday's tall following a weaker Lmden closing last week, tfcev said. Most operators85 words
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Article39 1980-05-20 4 Rubber: May 19 Singapore: Juno: 287.50 cento (down 3.00 cento) Malaysia: Juno: 290.50 cento (down 3.60 cento) Tin: M 52,178 (up $2) (equivalent to $36.01 per kilo) (up 3 cento) Official offering: 172 tonnes (up 12 tonnes)39 words
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Article73 1980-05-20 4 Reuter THE rubber market over the next month or two will see considerably smaller price swings than in February, March and April, London trader Wallace Brother Commodities said in its latest rubber report. Prices have (alien over 35 per cent since February and after such a considerableReuter - 73 words
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Article340 1980-05-20 4 SINGAPORE: Yesterday's dosing prices in S3 per ldk>, ex-godown: THAI WHITE: 100 per cent first clasi (Kangaroo) new crop 1.05, 100 per cent second class 0.90, 100 per cent third class 0.88, S per cent new crop 0 JO, B-lfl per cent 0 JB. THAI BROKEN: A-auper 0.63, Special340 words
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Article193 1980-05-20 4 TARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollar*, spot ex-go-down) Csttsn yun: China Blue Phoenix 80S 2,200; 3k 2,596, «k 2,850 (per bale of 400 lbs). Pleee pads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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215 1980-05-20 4 AP THIS year's US cotton exports should hit the highest level in 50 years, Jumping nearly 50 per cent over the total for 1978-1979, the US Agriculture Department said last week. "Low beginning stocks in many cotton-importing nations, coupled with increases in consumption,AP - 215 words
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Article844 1980-05-20 4 COFFEE: Robusta futures closed the morning steady around the sessions lows and with losses from last Friday of £7 to £13 per tonne. Turnover was 1,051 lots, including nine options. Dealers said the market edged lower after the opening call on a continuation of commission house selling and844 words
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Article330 1980-05-20 4 THE long-heralded recession in the US has finally engulfed the economy, but it should have little effect among traders in commodity futures. Whether the price of a commodity moves up or down is immaterial because a trader can make as much money buying futures contracts or selling330 words
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ASIAN STOCKS
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Article694 1980-05-20 4 TOKYO SHARE prices fell sharply across the board, reflecting the political uncertainty in Japan because of the passage of a no-confidence vote in the Cabinet, leading to the dissolution of the House of Representatives. In addition, the high level of total outstanding margin debt caused investors to stay694 words
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Article248 1980-05-20 4 STOCKS traded quietly yesterday on reduced volume throughout the day, the Hang Seng index losing 2.49 points to close at 897.80, dealers said. Aiil.il Huhhrr A>vm ut«»<1 Hotels 4110 Bom.iter* hfniin Kong 13 70 City Hotel* City Urban l'oniN4»pol *2 025 Crows Harb Tunnel KMI Axi.I N.I\»K Y .ir248 words
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Article287 1980-05-20 4 STOCKS recovered from a hesitant start and closed generally firm yesterday, brokers said. Industrials were quiet with developers the most favoured, but BHP and CSR both moved down under selling pressure, with BHP closing at AJ13.30 for a fall of 15 cents and CSR down four cents to |5.86.287 words
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Article217 1980-05-20 4 MAY lit Baht.s Asia Credit 135 1 Asia Fibre 129 -2 Ayuthaya Inv. And Trusl Bangkok Investment Bangkok Bank 288 -2 Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban 3M 6 Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd 148 I Bata Berli Jurker Carpet InterNational I'haroong217 words
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Article141 1980-05-20 4 STOCKS ckwed mixed yesterday with turnover declining to 3.7 million pesos from last Friday's six million, dealers said. Atlas Con B, Lepanto B and Oriental B firmed while Philex B, Phil Overseas eased and the rest were unchanged or untraded. MAY 19 Pesos Acoje Mining 0076 ♦0.0006 Atlas Con141 words
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Article52 1980-05-20 4 FINANCIAL TIMES INDUSTRIALS Thursday— 437.8 Wednesday 440.0 Week Ago 438.7 DOW JONE8 AVERAGE INDUSTRIALS Thursday 822 53 Wednesday 8X9.88 Week Ago 815.1» HJLHANG SENG Friday 000.3® Thursday 910J4 Week Ago ..883JB SYDNEY INDUSTRIALS Friday 631.75 Thursday 830J0 Week Ago 810.48 ALL ORDINARIES Friday A 830.00 Thursday...!— 818.75 Week52 words
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Page 4 Advertisements
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Advertisement156 1980-05-20 4 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 Diaries make the ideal business gift. Welcomed156 words
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OVERSEAS
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Article, Illustration518 1980-05-20 5 AP AFP IRANIAN leaders have indicated that they would cut off oil to countries backing the latest European Economic Community sanctions against Iran. Oil Minister All Akbar Moinfar said on Sunday that Iranian policy on sanctions remains unchanged. That policy includes haltingAP; AFP; UPI photo - 518 words
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Article786 1980-05-20 5 ARRIVALS Service Local Operator Namber Time From MAS MH601 0700 KUL FT 171 0710 JFK/ORD/TPE SIA/BA SQ/BA17 0800 LHR/BAH SLA SQ101 0815 KUL MAS MH621 0835 PEN RBA BI427 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ2U 1000 HLP CAL CL814 1000 HLP CPA CX710 1006 HLP786 words
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153 1980-05-20 5 Reuter IRAN'S new parliament, charged with setting terms for the release of the American hostages, will meet next week. The date fixed for the first session of the assembly May 28 is a week earlier than expected, acting Interior Minister Ayatollah Mohammad Reza Mahdavi-kaniReuter - 153 words
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651 1980-05-20 5 NYT THE FIRST-quarter earnings reports of the United States' major retail companies, expected to be released from yesterday, are likely to be down sharply at some of the largest companies. Industry analysts say the reports will range from declines of 50 perNYT - 651 words
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Article390 1980-05-20 5 Reuter LIBYAN leader Muammar Gaddafi has again threatened to cut off oil exports to the US, but declined to say when this might be done. "We are thinking seriously to do it, if it is necessary," he said in an interview on an ABC TelevisionReuter - 390 words
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353 1980-05-20 5 UPI ARMED blacks rampaged for a second night in Miami on Sunday, burning, shooting and looting in America's first race riot of the decade. The death toll was at least 19 and over 360 people were arrested for violating an 8 pmUPI - 353 words
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WORLD IN BRIEF
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Article493 1980-05-20 5 Agencies EUROPEAN Common Market Foreign Ministers have discussed the problem oI Britain's EEC budget contribution but made litle progress on a solution. Italian Foreign Minister Emilio Colombo said at the end of a two-day Foreign Ministers' meeting in Naples, Italy, that they had agreed to putAgencies - 493 words
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155 1980-05-20 5 Reuter UK RETAIL price Inflation will show an average increase of about 19 per cent in 1980 compared with about 13 per cent in 1979, the Charterhouse business group said. The private forecasting group said it expects inflation to drop to about 15 MiReuter - 155 words
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460 1980-05-20 5 Reuter A FORECAST that the US Administration will introduce mandatory wage and price legislation within the next 12 months has been made by investment broker Phillips and Drew in its monthly World Investment Review. Inflation is seriously embedded in theReuter - 460 words
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Page 5 Advertisements
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Advertisement130 1980-05-20 5 The KremHn In Moscow Aeroflot operates 3-weekly flights from Singapore to Europe on Mondays, Wednesdays and Fridays via Delhi and Moscow. Your stopover in Moscow is the beginning of your bonus Russian Holiday. SEE... MOSCOW the capital of the world's first socialist state and one of the biggest and most130 words
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758 1980-05-20 6 THE campaign to discourage car ownership rolls on, and with it the cost of private motoring will rise. This is a natural consequence of the Government's intention to limit the car population using the price mechanism. The latest move has been an758 words
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Article, Illustration1012 1980-05-20 6 ROMAN ROLLNICK - By ROMAN ROLLNICK AFP VISITORS to Hongkong in coming years will probably find themselves arriving at a modern new airport if a US$l.4 billion plan to replace the overburdened existing facility is approved. With China opening up more and more to the outsideAFP - 1,012 words
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Article798 1980-05-20 6 NAOHISA MURAKAMI - By NAOHISA MURAKAMI UPI SINCE Japan has successfully boosted its exports on the strength of general trading houses or "sogoshosha," why not the Americans and the Canadians? Such is the conclusion of a study released recently by the Canadian Institute for Research on Public Policy. The report,UPI - 798 words
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Page 6 Advertisements
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Advertisement307 1980-05-20 6 S? T 3a lufaccountancy STUDY with the EMILE WOOLF COLLEGE OF ACCOUNTANCY. London for the Association of Certified Accountants Examinations. The Emile Woolf College of Accountancy has since its establishment, gained the reputation as LEADERS in the field of Accountancy education. The consistent high rate of examination successes of Emile307 words
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Page 6 Miscellaneous
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Miscellaneous1242 1980-05-20 6 TV RADIO Part two of Harvest Home to Mae* to Per Ikm *h< Mkr -Ode—l to a fchtor i a 1 to* Ft H wi m SINGAPORE 5 3.00 PM Opening Mowed by Oman's Wind The Kidnapper (r) 3.90 Diary of Events (English) 3.35 Aftermon Matinee Way Hue Yonder (Part1,242 words
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Article, Illustration1617 1980-05-20 7 DILIP MUKERJEE - Proposal for an African Common market Why are Africa's leaders discussing the aim of a continent-wide common market by the year 2,000 when they can ill-afford to spare time or money for anything but the sheer struggle for survival? DILIP MUKERJEE, recently in Addis Ababa, poses the1,617 words
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Article236 1980-05-20 7 THE TRAVEL AGENT is a special breed someone has concluded and he attempts to define this animal. A sample: A travel agent is a driving, aggressive, extroverted glob of palpitating protoplasm. He is thick-skinned, alert, shrewd, cunning, clever and he can even be sympathetic at times236 words
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Article829 1980-05-20 7 JAMES RESTON - FORUM with JAMES RESTON THE UNITED STATES government has clearly lost control of its immigration policy. The latest invasion of Cuban refugees is only the most dramatic evidence that America, even at a time of high inflation and unemployment, is not able to protect its829 words
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Page 7 Advertisements
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Advertisement427 1980-05-20 7 Businessmen, Are You Getting Your Share of the Billion Oil Industry? .V'v.. The South East Asia ON Directory *****1 (Third edWon) 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-depth427 words
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Page 7 Miscellaneous
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Miscellaneous9 1980-05-20 7 BriotdW: Piank^d^nS 2333! Pi mCK3E-T Of MeADeO NOTeJPP^&R Foolscap9 words
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INTERNATIONAL STOCKS
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557 1980-05-20 8 WALL STREET apparently agrees with Walt Disney Productions Inc president Card Walker's assessment that Disney is "on the threshold of a new era" as it enters the 1900s. Mr Ernest Levenstein, of E F Hutton and Co, in a detailed report predicts Disney's557 words
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Article271 1980-05-20 8 PRE-TAX profit at Csmmerdal Lblm AnaruM rose to £26.3 million (£23.4 million) for the first quarter ended March 31. Earnings per share rose to 4.39p (3.70p). Both premium income and Investment income Increased marginally to £349.6 million (£344.9 million) and £38.1 million (£37.4 million) respectively. It incurs lower underwriting271 words
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Article127 1980-05-20 8 THE PARENT eanpuy sf HmcM AO ku reported tt Achieved a pretax preflt «I Sl4 miltt— in—trhrwrta (in arilO—) for the lint qaarter af thte year. Tanever reee to LM Mm—(LSI Witt-). Its If» set preflt increased to 544 miltt— mark* (SM miltt—), wtth toraever ip127 words
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Article236 1980-05-20 8 OPERATING profits of The Plessey Company Limited for the nine months to Dec 31,1979, were £40 million, up 31 per cent over the corresponding period in the previous year. Sales for the nine months were £525.6 million, against £464.8 million last year, and profit before236 words
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Page 8 Advertisements
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Advertisement125 1980-05-20 8 Where to wine, dine and entertain rt ~»*»r Los to pay on our Weekday Package! How MMg «nc« ya« Aatf dar to do MohiMir notMng ioop> I—T Now win you cow on out IMC HI Mot Mar. yoofoi bad and bf«MM« p<uoaH Hw timo 10 Moocttvttmaropiannadaottior*-* 4k topoy tor*im#oom«ort»inour Co9f125 words
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Advertisement168 1980-05-20 8 lubertuS Srill For lunch For dinner. For a richly rewarding experience. Bumru'WiuMi > I.un< r i M<>ruitiv. t >F ruin >1 s -r lO'f) H-tvk'c i Vi. c»'s> ]<iV ]]~-T< if S,ltU!\l<K SutklcJV, >I'i 10' V st'KH t' i hfinjt' VV. c»'s^ 1 >r i»'*»«.'! v a t;< >ns i168 words
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Advertisement157 1980-05-20 8 ir an u 1;^ Dine at Dragolfi Palacc Have a roval feast of> Cantonese delicacies i ft memorable experience. Quit k I lonq Konq Tim Sum l.imch available dailv tf Cockpit C all JoM'phific fur rt'Sfrx .ilions 7.}7 i n7S.ir 7 i7 l > 11 1 x 107 V %'<r157 words
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Advertisement207 1980-05-20 8 Noodles, mien or mee? It's the same. No matter what vou call it. The difference is the way our chefs serve up to you. Whether it's fried, dry. or in a soup. Whether it's I lokkien-style. ('antonese-style. or local-style. You'll like the way we have with noodles. mien and mee207 words
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Advertisement214 1980-05-20 8 The American Express Card serves you well wherever great food is served ■J. v >; v ft ;rr* •-> v «.v* 17 r a ODLTLLt n "n 7I/' I os\ S»• 11 li in u Itclaviiii; ■m •5 i K< Ronnie CTrio Robin's Tavern. The place to go» after work214 words
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BANKING AND FINANCE
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Article215 1980-05-20 9 A SYNDICATED leaslag agreemeat vu rined toat Friday betweea the leaslag aabridtortee d a greap ef Eareaeaa beaks aad PbUpptoee AMtoee toe. I%e sgrimasat to haad SAC Ml aircraft reeeatty Vl p lrer^ The aircraft, «hue aggregate eeet la UBIISJ laflHw, are carrestly sadargstog a refarhtohaseat215 words
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Article257 1980-05-20 9 Reuter IRAN said it was cutting the link between its currency and the dollar and would instead peg it to Special Drawing Rights (SDR). Central baak governor All Reza Nobari did not say at what level the Iranian rial will be set against the SDR.Reuter - 257 words
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146 1980-05-20 9 AFP FIREMAN'S Fund Insurance Companies, a subsidiary of American Express Company, and the People's Insurance Company of China have established a working business relationship. There is also a Joint commitment to explore other areas of mutual interest. Under the agreement Fireman's Fund will insure someAFP - 146 words
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MONEY AND EXCHANGE$
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Article499 1980-05-20 9 EXCEPT for the Japanese yen which fluctuated actively, yesterday was a dull an uninteresting day. on the foreign exchange market. An announcement by the Bank of Japan that the country's balance of payment had worsened resulted in a firmer US dollar. Starting off at 229.50/80 against the yen,499 words
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Article282 1980-05-20 9 GOLD futures is the Singapore market closed higher yesterday compared with last Friday's close, after fluctuating marginally throughout in very thin trading, dealers said. Total sales for the day was reported at 71 lots and kerb volume at three lots, they said. August closed higher at U*****.30/80 an ounce282 words
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Article169 1980-05-20 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on May 19: USIMUr^Sjot) 7 days 10V* lOVt 1 month 1013/*****1/16 2 months 11H liv, 3 months 11 ft/10 117/16 6 months UH 11M 9 months 11 S/16 11 S/16 12 monthsllH 11W SvJn. Dm. 1 month 3 months 6169 words
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Article45 1980-05-20 9 a. 1 1 sd by dlacount bouM on May 19: Overnight: 7H% Call deposits: (V« -7W% B«rm 9« Iliac 3-month Treasury bills 7 7V% 3 month Bank bills 10V. 10 H 3 months CD 10W 10'i 6 months CD 10 Source: National Discount Co45 words
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Article22 1980-05-20 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 12.1 per cent.22 words
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Article152 1980-05-20 9 THE U.S. dollar was firmer against major currencies in moderately active late trading yesterday. This was on early European demand for the US currency following higher Eurodollar interest rates prompted by a sharp rise in the US weekly money supply figures released last Friday, dealers said. The dollar was152 words
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Article262 1980-05-20 9 THE U.S. dollar eased from its Hongkong highs yesterday as Eurodollar deposit rates slipped back, dealers said. The latest US money supply figures, showing a $5.8 billion rise in M-IA, encouraged the view among the US money market analysts that US interest rates may now stabilise, they added. The262 words
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Article200 1980-05-20 9 THE U.S. dollar for overnight delivery yesterday closed at 229.05 yen, compared with 229.50 yen at the opening and 227.40 yen at last Friday's close, dealers said. Trading was fairly active, with volume US$993 million. The dollar firmed to 230.20 yen in the morning reflecting its firmness against the200 words
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Page 9 Advertisements
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Advertisement1373 1980-05-20 9 INTERNATIONAL BANK OF SINGAPORE LIMITED (Incorporated in the Republic of Singapore) IBS Building, 31 Raffles Place, Singapore 0104 Balance Sheet 31st December 1979 Share Capital Authorised 100,000.000 shares of $1 each m 1979 and 1978 $100.000.000 Issued and fully paid 25.000.000 shares of $1 each The Bank 1979 1978 The1,373 words
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1353 1980-05-20 10 BlCand offer prices officially lined and huilnw in «ad re» parted to the Stock Exchange of Singapore yesterday with the aujnber of shares traded shoWT la bracket! in lots of 1,010 units, unless otherwise specified. SECTION ONE v INDUSTRIAL COMMERCIAL Aca* (1MB)1,353 words
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Article154 1980-05-20 10 ■NfiAPQU UNR1SUR MMHNMOV The Commerce L'okon Sparc Fund" tar May ur The Savinga Fund 158 l.M rMoum MM Dinar taaa) LM S pore Prof Fund 1.15 IS i mWE SUNI (Carnal pr Income Bond S pore Sec Find Spore Inveat Fund L* 2.08 156 1.CS 1.22 S pore154 words
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Article2657 1980-05-20 10 r -l®® 0 Hlgft Low K7 CoapuT II +orGr*a Div Dlr Ctt Gr*s YTd Net P/E Vol (•000) Day High Low SECTION ONE INDUSTRIAL ft COMMERCIAL i;:h' m223 Sr lor 3 SB 3r 246 110 140 an 80 an 328 187 Aetna Alcorn Allied Choc BAT Bate2,657 words
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Article1607 1980-05-20 10 BID and offer prices officially listed and Nirtnf In and reported to the Kuala Lumpur Stock Exchange yesterday with the number at shares traded shown In brackets In lots of 1,000 units, unless otherwise specified. IMXSIBIAM Ara» (IMB 1206) cd Atora (IMB 1MB) ad Alas BaM (U3B1,607 words
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LATEST RESULTS
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Article49 1980-05-20 10 Pinal dividend of 11 cents (8.5 previously) for the year ended March 31, 1980 on capital increased by one-for-five bonus issue, making total of 18V<t cents (same). Net profit before extra ordinaries came to HK118.96 million (16.92 million). Books close from July 19 to 28.49 words
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Article42 1980-05-20 10 Audited group 1979 pre-tax profit of $116 million ($lO2 million), on turnover of $7.06 million ($5.56 million). First and final dividend is 10 per cent gross (same), payable on July 7 to shareholders registered on June 24.42 words
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Article, Illustration685 1980-05-20 10 SHARE prices DelbM Bfani to steady at the Singapore sleek amrhet yesterday, hat was relatively qatot. Ed that traders weregeaerally eaatton aad were awaltiag trash toads. After se many days sf —<■ galas, toshers Mere Battel pattog a esmnttsa. A light streaai sf praflttaktog Mas dtoeeraea685 words
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Article412 1980-05-20 10 SELECTED counters featured bullishly in an otherwise quiet and hesitant market at the Kuala Lumpur Stock Exchange yesterday. Traders were generally cautious following the recent sharp appreciation in share prices and and were reluctant to commit themselves at current levels. However, this does not seem to be412 words
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COMPANY NEWS
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Article, Illustration543 1980-05-20 11 TOH SU FEN - By TOH SU FEN GUTHRIE Berhad is well on its way to a full recovery after achieving another year of record profits which proved some analysts wrong. Backed by strong performances from its chemicals and fertiliser division, results turned in were at a new high, beating543 words
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252 1980-05-20 11 Reuter THE STOCK Exehaage of aagtpare —apeaded tradlag la the shares sf Pabttc Textile BM yesterday meralag at the reaaeat et theeompaay. The eempaay reoaeoted the saspeanea |g. aeaaeemeat tram Sharlkat Malaysia Textile ladastries BM reganttag tta aeaaWtlea of ikara la Pabile Textlka. LaitReuter - 252 words
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Article145 1980-05-20 11 SHAREHOLDERS of United Industrial Corporation Ltd (UIC) are being advised not to take any action yet in connection with the latest takeover offer for the company. UlC's advisor, Morgan Grenfell (Asia) Ltd, said shareholders should wait till they receive offeror Tang Eng's formal offer and145 words
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Article75 1980-05-20 11 FABER Merlin Malaysia Bhd said it recently incorporated two wholly-owned subsidiaries in Malaysia. Merlin Tower Hotel Sdn Bhd and Faber Development Sdn Bhd both have authorised capitals of MR million each and paid-up capitals of $3 each. The company said it also has taken a 30 per75 words
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Article138 1980-05-20 11 bekeape BM: AGM to be held at 1st Floor, Inchcape House, 450/452 Alexandra Road, Singapore, at 12 noon on today. WiMmiI Irsa ft Steel Mills Ltd: AGM to be held at the conference room of Development Bank of Singapore, 2nd Floor, DBS Building, 6 Shenton Way, Singapore, at138 words
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Article1715 1980-05-20 11 DAVID CHOW - By DAVID CHOW IF ALL goes according to C' n, one of the oldest tradand engineering groups In the country will soon have its shares quietly taken off the list of counters currently traded on both the Singapore and Kuala Lumpur Stock Exchanges. It1,715 words
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Article668 1980-05-20 11 Curreat Payment Ex Date Booha Cloae Date Total for Total for Payable the year Previous year M A A H I Laid Bat* Dunlop Eat 8W OUT Saayo Dunlop lad Kulim Mala SEA Corp Tractors (M) G Keat OCBC Siaia Darby Pad Cablaa Gleaealy U M Work. B668 words
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Article165 1980-05-20 11 Company Particulars Ex Date Books CIom OC BC Bonus Issue of 1 for OUB 10 May 12 May 17 Bonus Issue of 1 for 5 Rights Issue of 1 for 5 Malakoff «l*2.00 per share May 12 May 10 Bonus Issue of 1 for 2 May 13 May165 words
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Page 11 Advertisements
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Advertisement114 1980-05-20 11 EUROPEAN ASIAN BANK (Incorporated with limited liability in the Federal Republc of Germany under the name of EUROPEAN ASIAN BANK AktiengeseNschaft) Singapore Branch U*****00,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE 1981 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest114 words
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Advertisement462 1980-05-20 11 ASEAN TRADE SEMINAR JUNE 26 A 27,1980 RELC International House, Orange Grove Road, Singapore Organized by Applied Research Corporation and Times Organization ASEAN is the fastest growing economic region in the world. In recent years, ASEAN trade has come into prominence partly because of the cooperation pursued by the member462 words
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272 1980-05-20 12 Reuter CHINA may conduct up to tfetiie more rocket tests in tfct Central Pacific Ocean befcre June 10 after the supans of its first longrtage experimental firing Sunday, Western diplomatic sources said yesterday China announced on May 9 that an experiment "in IsReuter - 272 words
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Article88 1980-05-20 12 SIX -civil suits by Goldhill Investments Pte Ltd against Goldhill Properties were settled in the High Cttutt yesterday. The terms of the settlement were approved when counsel met Justice Choor Singh in chambers. The six cases related to title to nine office units in Goldhill Plaza. The units,88 words
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Article, Illustration322 1980-05-20 12 TEO TECK WENG - By TEO TECK WENG A FRENCH hotel operator will manage the proposed first-clan hotel In Orchard Road to be developed by the big Indonesian investment group, Harapan. Societe des Hotels Meridien, a subsidiary of French carrier Air France, has been chosen from seven322 words
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Article400 1980-05-20 12 AP JAPANESE Prime Minister Masayoshi Ohira yesterday reaffirmed Japan's intention to cooperate with the United States and European Economic Community (EEC) nations In sanctions against Iran, In spite of the surprise defeat of his government in Parliament last Friday. Mr Ohira told a news conferenceAP - 400 words
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299 1980-05-20 12 THE Malaysian will adopt measures to increase bumiputra participation in the rubber trade. Malaysian Deputy Prime Minister Datuk Seri Dr Mahathir Mohamad said that from the licences issued so far, bumiputra participation in the trade is 38 per cent and all of them are299 words
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Article170 1980-05-20 12 Reuter FRENCH President Valery Giscard d'Estaing and Soviet leader Leonid Brezhnev met near Warsaw yesterday for talks that appeared to underline the determination of both leaders to maintain EastWest dialogue at a time of international tension. The Franco-Soviet summit at the former royal residence at WilanowReuter - 170 words
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Article, Illustration269 1980-05-20 12 AFP PRIME Minister Indira Gandhi (afcsve) has admitted that she has initiated a "negotiated settlement" of the Afghanistan issue and is confident that the "new Indian move" will help solve the five-month-did Afghani crisis. Meanwhile, Indian Foreign Secretary Ram das Sathe who rushed to Kabul lastAFP - 269 words
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Article681 1980-05-20 12 LONDON, Moo 11» market closed lower today after a quiet session. At 3 pm the FT index was down 3 7 at 4SJ). Gloomy press comment following Friday's retail price index dampened sentiment and dealers noted only small interest in industrials. However, oils continued to attract profittaking. HJWPimUJ681 words
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460 1980-05-20 12 AFP IRAN will free all S3 American hostages if the Teheran Parliament ratifies a comprehensive package of measures for ending the crisis with the United States, a source in Paris said. The scheme will be submitted to Iran's Parliament as soon as it convenes onAFP - 460 words
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Page 12 Advertisements
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Advertisement190 1980-05-20 12 I Accountant Does Tango In Boardroom A respected accountant recently broke t with tradition and began tangoing in his company's boardroom. The reason for this spontaneous outburst was due to a particularly pleasing annual report. Said the accountant in an interview, 7 "Things have really gone well this year. Last190 words
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Advertisement408 1980-05-20 12 BANK Be competitive. But be aware of the bad paymaster! Minimize risks when doing business. Consult Data Pool. We provide professional services in in-depth research and analysts on local and overseas companies advisory services for credit extension, marketing and competitive analysis, and for identifying potential for takeover and mergers up-to-date,408 words
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Page 12 Miscellaneous
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Miscellaneous62 1980-05-20 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers with thunder in several places. Bepart fir 24 hsus priw to 7J p.m. m May II m ilrpwt Maximum temperature 32.5 Associated humidity 66 Minimum temperature 27.0 Associated humidity 93 Hours of sunshine 8.06 Rainfall in millimetres Nil Total62 words
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SHIPPING TIMES
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PORTSIDES
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Article87 1980-05-20 13 Reuter WEST German shipowners plan to order 101 vessels with a total value of 2.6 billion marks. These include 65 dry cargo ships and 28 chemical, petroleum product and gas tankers, it said, adding overall tonnage of the planned vessels is 796.000 dwt. Most of theReuter - 87 words
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Article67 1980-05-20 13 Reuter SUGAR traders in Rio De Janeiro said the Maria X, which Lloyd's shipping intelligence reported has run aground off Denmark, left the Brazilian port of Maceio on April 27 loaded with 15,240 tonnes of raw sugar bound for the USSR. Lloyd's said the vesselReuter - 67 words
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Article90 1980-05-20 13 AP THE China Corporation of Shipbuilding Industry will build a 27,000-ton bulk carrier for the Hongkong Regent Shipping Ltd., the official Xinhua news agency reported. Xinhua said the contract, the first ship export of its kind for the Chinese corporation, was signed on Thursday in Peking.AP - 90 words
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474 1980-05-20 13 G DURAIRAJ - INDEFINITE DELAY EXPECTED By G DURAIRAJ THE FORMATION of the Malaysian National Ports Council is expected to be delayed indefinitely because the Malaysian Ministry of Transport is still undecided about its status and the extent of its jurisdiction. The decision to set up474 words
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177 1980-05-20 13 Reuter NORWAY'S Ministry if Shipping and Commerce ha* said that a worUag greap apfcM by It la leak lata the reglstratlea «I the «entry's ships ahraad recammeads same iaereaeed access by Narwegtaa owners to "oatflagglag". The grsap believes la principle that NarwegtaaReuter - 177 words
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Article536 1980-05-20 13 HMtpiag Um Pag* (M Sklppiag Line Page CM 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 in 4/5 Angkutan VI 4 Frota Line V 4 ANL I 1 Fujiwara VI 4536 words
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685 1980-05-20 14 A DRAMATIC increase in the number of Ores and explosions in the cargo tanks of oil tankers is the apparent conclusion of preliminary figures compiled by the Oil Companies International Maritime Forum (OCIMF) as part of a study of tanker accidents over the685 words
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272 1980-05-20 14 UPI MORE THAN SM New Yerkera dlaed aad iiawi hit Friday light on the Nerway the last of the great oeeaa linen to make Its maldca viyige fram Earape to America. The Norway was formerly the Uaer Fraaee, so It was aot reallyUPI - 272 words
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Article1017 1980-05-20 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 following1,017 words
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Article1457 1980-05-20 14 CHARTERING last Friday was on an improved scale, particularly in the grain section where cargoes were fixed from the US Gulf to China at US$44 and $44.50 (fio) (or June/July and at 142 (fio) based on six consecutive cargoes commencing June/July. Three cargoes of grain were covered from1,457 words
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Article, Illustration843 1980-05-20 15 DUTCH SALVAGE TUGS Reuter ONE CRUISES in the Caribbean, one in the Gulf. Another is moored off Hongkong, and a fourth waits patiently in the English Channel. They are the ocean-going tug boats belonging to a Dutch salvage company, and like many vessels of theirReuter - 843 words
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258 1980-05-20 15 Reuter MERCHANT Mp t eaaage totally M la rtotag at aa alarmlag rate aad lMt will be a ieiitrm yea* far ■aim ailtlag reaalta, the ehalrama «I the lactate af L>ai»a Uaderwritera aald. la aa litic to the rtae Uaderwritera la Qaehee, MrReuter - 258 words
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Article, Illustration452 1980-05-20 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Asean Venture (1830 after Baea Mas) 19 Dong Min (0700) 40/41 Hoegh Opal (1400) 6/7 Kota Timur (after Kota Cahaya) 10/11 Nedlloyd Lek (0600) 3/4 Profesor Szafer (1800 after Barge Maritano 180-1, will shift 22nd/Q63otbc to Gdn4s) 47 Rajah Brooke (after Petaling452 words
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3134 1980-05-20 19 gCHEDHLE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of3,134 words
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Article139 1980-05-20 20 Reuter DENMARK has signed an oil contract with Saudi Arabia containing a protective shipping clause which constitutes a breach of the liberal shipping policy hitherto followed by Denmark's government, the Danish Shipowners Association said. Under the newly signed contract Denmark is to buy one million tonnesReuter - 139 words
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Article77 1980-05-20 20 THE longest and one of the busiest piers in the PhilipKs, Manila south bars Pier 13, is in danger of collapsing. Port authorities have banned huge containerised cargo from docking at Pier 13 and immediate remedial measures have been recommended after more than half of the77 words
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463 1980-05-20 20 SUPPLIES of raw materials and consumer goods are pouring into Iran's southern ports ahead of the deadline for EEC sanctions against Iran, Tehran shipping sources said. Most of the supplies are consumer goods from Western Europe, but large amounts of Japanese steel are463 words
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147 1980-05-20 20 Reuter WORLD merchant tonnage laid up for lack of employment rose for the first time in a year at the end of March and stood at 388 ships of 11.87 million dwt compared with 390 ships of 10.6 million dwt at end February, figuresReuter - 147 words
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Liner Profile
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Article189 1980-05-20 20 TRANS-C-LINE, a Hongkong-based shipping line, offers an independent full container service between the Far East and Europe. Singapore is an important port of call on its regular service which offers 21day transit to a number of inland European destinations. It offers attractive FCL and LCL through rates to/ from189 words
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Article139 1980-05-20 20 The major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the member lines. ACE (PAR EAST/EUROPE): Franco Belgian Services. 4 K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/ AUSTRALIA Australian National Line. Australia/Straits Container Line. Nedlloyd139 words
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374 1980-05-20 20 FURNESS Withy's new owners plan a fleet expansion programme once the takeover by C Y Tung's Orient Overseas Container Lines is complete. "We are looking (or expansion and will study the liner and container services with a view to increasing and developing374 words
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Article1393 1980-05-20 20 The letdlic shipping Um operating (Mi local ports and the agents whe handle earge keeklngs fer them. A-B iirlitlc CwWht Continental Feeders (S) CArgo Freight (PK). APEA Sbmoore ShiDoins Awnda (S), Euro-Asia Line(K/PN). AIM C. Ti mgm Sea Conorihun (S)/Marlntex Enterprise (PK). Alpae Intraaea (S)/Yeo Shpg1,393 words
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Page 13 Advertisements
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Advertisement339 1980-05-20 13 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. See Page I R I >1 I I \ll Orient Overseas CotdcjMeA Line 7/6 8/6 9/6 12/6 16/6 4/7 5/7 8/7 9/7 12/7 W LCI 23/5 2200339 words
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Advertisement255 1980-05-20 13 sa :i;§ mi SEALORI) AMAH UASC UNITED ARAB SHIPPING CO (SAG) M. FUMMN *15 EXPRESS MULTI-PURPOSE SERVICES Dubai (14/6). Damnum (16/6). Kuwait (18/6). Shuhaiba (20/6). Mm Dhabi (23/6). Doha (26/6) Dubai (19/6). Dammam (22/6). Kuwait (25/6) Abu Dhabi (28/6), m Doha (1/7) Dubai (1/7). Dammam (4/7). Abu Dhabi (7/7). Kuwait255 words
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Advertisement670 1980-05-20 13 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. MAERSK LINE EXPORT TO U3. PACIFIC. GULF, ATLANTIC. EAST CANADA AND ASIAN PORTS SaM 27-21/5 2-3/6 12-13/6 16-17/6 24/25/6 Smgapora Ctosinj Times *a 21/1200 hre CFS 20/2400 hrs 25-26/5 1-2/6 11-12/6 15-16/6 \Wi2±]LM\ Baltimore Charleston TO670 words
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Page 14 Advertisements
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Advertisement696 1980-05-20 14 LEO SHIPPING PTE LTD SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD mAtfok PORT KELANG PfcNANG —li -1 HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALAYSIANNTERNATIONAL SHPHNG CORPORATION BERHAD 1) Barcelona. Genoa, 2) Amsterdam Antwerp. L.Haere, Bilbao. Bask. UK. 3) Bremen. Bremenhaven. Aerhus, Copenhagen. Helsinki 4) Mahno. Stockholm. Oslo 'Accepting Europe696 words
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Advertisement330 1980-05-20 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA ft Mmi ftta tSTOK m M M M hn N tat tmtm St Mb H Ort. IMb IM MB PQtSBJS *25/5 2-3/ C 2/7 7/7 J/7 U/7 12/7 17/7 H/7 24/7 HMD TOOK 9/6 17 18/6 17/7330 words
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Page 15 Advertisements
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Advertisement498 1980-05-20 15 Overseas B BB B Containers Limited Weekly service toffrom UK/Europe STRAITS SHIPPING Singepoie to Sabah, Sarawak, Brunei Porta and Bangkok CiwUtwil# Sarvices To/Frsm Bangkok Sarawak md Brunei trteri Iraa Ktm U Hnn rtM f MM| fyart MMt •MM uj IM kM MM MM 21 to TH.tt.IU Mal« MM MM kM498 words
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Advertisement393 1980-05-20 15 Franco He/gum Services ihir F i f>, N(Ti ict ith hi r\ir S'i r»: I.\nes CHEYALII MB. 27 Apr 21 Apr 25 iocator smi 2M* 3 OCVMJD USII Mty IMr 11 K. MS-MR 17 Mm IS Mr II ML 1 c.m.c.r. "Twrrr ii'r i' nT S port r Mw| 24M|393 words
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Page 16 Advertisements
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Advertisement403 1980-05-20 16 Hapag-Uoyd 1/6 2/1 4/6 23/6 10/7 13/7 7/7 5/7 3/6 7/7 1/7 30/6 2S/6 RUT CONTMfMKD TO SNM/TMESTE IV M Spare P. MkMM 17/5 11/5 24/5 2! m m vim PI t«M TIM« 17/5 11/5 24/5 25/5 15/6 23/6 7/1 9/6 21/6 5/7 rut cam—a to ba/cmmoa fmtm P. Mm403 words
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Advertisement552 1980-05-20 16 H KOREA LINE. SHIPPING CORPN P Ktianc STORE ALTARISIW Sd Gdwn 45/Safc« FOR BUSAN 20 May BANGKOK ALTAR 152E Std Gdwn 45/Sainf TO BUSAN 20 May INCHON VEGA 149W 30 May/2 June 3/7 Jura FOR BUSAN BANGKOK VEGA 150E 30 May/2 tone 3/7 June TO BUSAN PENANG CALL SUBJECT MOUCEMENT552 words
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Advertisement463 1980-05-20 16 EVERGREEN LINE r fAR [AST FUROPE f XPRtSS FULL CONTAINFR SERVICE 1 ACCEPT WG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. LE HAVRE ALSO ACCEPTMG CARGO FOR UNTTED KMGOOM SOUTHAMPTON. LONDON, MANCHESTER. BHMNGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY 'jj i;«. Yiil HOLLAND AMSTERDAM EUROPE FAR EAST EXPRESS FUll CONTAINER SERVICE463 words
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Advertisement791 1980-05-20 16 0 Everett Lines Smgk Burmi Fivt Star Skipfi«| Corpn. mm, "BURMESE NATIONAL LINE" LOADING FOR RANGOON rrm* pumi r*m mm run m, 9*art/2iiky UYOMT9M 21/22 May pmh m/h mt vm mi HTMTMrTW 21/2 JM B.F.S.S.C. Ag«nt» in Motoyvo: TEPS MALAYSIA CompMM AifMtim Da TIM T» Neveeedee lirttrcontiiMirtai S. A. C.I.791 words
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Advertisement478 1980-05-20 16 TSXO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE P. Kttant LMdbf tor 11/12 Jm 13/15 JM Sm*L.«l BANGLADESH SERVICE 5/10 Jm CHTTTAGONG, 1 JAPAN/STRAITS SERVICE M. ASPRATUN Sr 51/? l 27/29 lb, 30/31 Sj rJsnlS, K? 22/23 24/25 TMSOMMU 27/29 May 31/31 My COffTMO HOKME SUB ACERTS f.478 words
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Page 17 Advertisements
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Advertisement844 1980-05-20 17 PIL GROUP EAST AFRICA/REDSEA SERVICE 1 a SING APORE/CHITTAGONG/RANGOON/SER VICES SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES —full'' r.l S.E.A. Container Feeder Service SINGAPORE/HONGKONG/MANILA ACCEPTABLE LCL/FCL CONTAINERS/ ALSO AVAILABLE 40-FT REEFERS. FOR HKG HONGKONG SINGAPORE Nap. Topaz BS/9N In Port Nap. Zircon 88/9N 18 May 22 May 28 May Map. Topaz 108/11N844 words
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Advertisement743 1980-05-20 17 rr BEN LINE CONTAINERS TOOmm GBn Mm lk#M| Eaprtet EXPRESS CONTMKR SERVICE TO/FROM EUROPE HBUBC BHAVEN ROAM HAVRE SOTON S pore P Um *Of many Austria Antwerp Franc* Al UK 21/5 12/4 M/( 15/4 17/1 11/ l V/i M/ 4 14/4 17/1 11/ l 24/4 a/5 M/ 5 lt/4 21/1743 words
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Advertisement692 1980-05-20 17 Scan Dutch 9 WEEKLY EXPRESS CONTAINER SERVICE IMU 24/S Ma I DMCJA 24/S Ma IM i. v», l)lTM*n?)r«Mi 3)trb»|4)G'kw| 2/1 7/1 IVI VI IV* IV* 17/1 a/i+ a/i a/f 3V4 1/7 V 7 7/7 |/7 U/7 M/ 7 U/7 17/7 a/7 a/7 a/7 w w r m M Hwrt Mm692 words
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Advertisement529 1980-05-20 17 ir BOUSTEAD SHIPPING agencies THE BANK LINE LTD. LOADS FOR E. ft S. AFRICA Imm Data STWHMM 9/11 My 12 16 M* 31 Mr (also loito| lor Port Eta. East londw and C town) U.S. GULF COAST SERVICE (New Orleans, Moble, Houston, Galveston) KLMA LTKES (Mack I ha*) LOUSE LTKES529 words
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Page 18 Advertisements
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Advertisement720 1980-05-20 18 *V K LINE KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA Si Mm. TO EUROPE S'Vfft P KeUni L Ha«rt R'Him H'burj Bremw Awwp tKMk caO tfWt, Orwßtß, rtea, Awtrp aid la Hawt) AGENTS: SPORE NEPTUNE AGENCIES PTE LTD T«fc *****11 MALAYSIA KONTENA NASIONAL SDN BHD T«t P.720 words
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Advertisement489 1980-05-20 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Lm*| tar: LOS INGELES. SAN FRANCISCO. SEATTLE. TACOMA. MKOMD, IX. AccataN FCI/fCI Cattaai P MM| Smtaort I Anfdn G*JM nm aitaf lite* ma 14 km IS Mm 11Am AUSTRALIA EXPRESS CONTAINER SERVICE FCL/FCL Cftatat NEW ZEALAND SERVICE im*« —I ltttictoh. muktol maim MMMM489 words
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Advertisement669 1980-05-20 18 V (>roup SINGAPORE SHIPPING AGENCIES PTE. LTD iOIM KOQR OC tAN Bail O NG SINGAPORE 1 MARnn'NG 91 ii LINESi Gf Nf BAI 91 J1 11 11 4 UNfSI fLt BS 14S9*i MS A B CABSMIP CABi f CABGOSMIP IjMitniiier Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK TURQUOBE BOUNTY J TURQUOISE669 words
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Advertisement466 1980-05-20 18 Bgranard lime INDEPENDENT ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO FCL ONLY FOR PORT SAID. ALEXANDRIA. BEIRUT. LATTAKIA LIMASSOL ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge imou mi ran v 3tw Fan* star tmi *Cdfc| Pert SeM, lettatie I MtuaM +Caß« Part SM Hnm+k.466 words
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Advertisement577 1980-05-20 18 INTRASEA (PTE) LTD Fabef House 234E Orchard Road Singapore 9 Telephone *****11 '*****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE ATLANTIC HM* 1*77-211 NORASM N879 22 S*am P. I *May 24 221 m II Laadhnlar ROTTERDAM/BOULOGNE/* (AVON) BOULOGNE/* (AVON) Ageats: fctpn K Lnaaar MTVASEA (ME) ITS *****11 BOQI *****57 TEO577 words
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Page 19 Advertisements
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Advertisement366 1980-05-20 19 FAR FAST/EUROPE: FIJLI Y CONTAINFRISFD SERVICF TO EUROPE/UK (VIA SUEZ): Vfm C. CONTAIOI k Port I. JACEJN+ 25/5 TWBMKE 30/5 N. PEARL 3/6 C. PAUL 8/6 mCATQR 15/6 CJOZE |22/6 Abo accepting cargo to/from Scandinavia FROM EUPOPE (VIA SUEZ): CPiJUjj C. ROZE R. JACHVON MR comma 0. CHEF S S366 words
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Page 20 Advertisements
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Advertisement57 1980-05-20 20 P.T. "TRIKORA LLOYD' 1 Ua*| to U Hww/lh*— UMQUE SHPPMG TRAOMG CO., (PTE) LTD UNISON SHIPPING (PTE) LTD 703. 7th a. Bantkot Bant B«Mn| 180. CM Stmt Smnpofe I. Tec *****77-9 (3 Ums) *****56-7 (2 Lines) *****39 M.V. UNSON I. ETA ETD .24 May 21 May M.V. UNSON I. 2757 words
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Page 20 Miscellaneous
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Miscellaneous136 1980-05-20 20 Regional i3>i V K *1. 39 */>*> jv No 100E r <m. SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MOVtMNQ. R Thunder »tor m Temperature °C Shower Weather Wind direction with speed in knots V 5* 1 De*» point *C Wave height Cloudy Sky One full circle U|*tatnU136 words
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