The Business Times, 3 June 1980

Microfilm: NL10690
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES No. 111/1/81 TUESDAY, JUNE S, ISM 50 CENTS
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  • BRIEFLY...
    • Article
      US$1 more for KL crude
      59 1 KUALA LUMPUR, Mon. The Malaysian state oil company, Petronas, has raised the posted selling prices of Malaysian crude oil by US$l a barrel effective June 1, oil industry sources said. The price rise is in addition to the previously reported $1 a barrel premium which
      59 words
    • Article
      Lock icon Ohira's condition
      53 1 Reuter TOKYO, Mon. Japanese Prime Minister Masayoshi Ohira is suffering from heart disease caused by fatigue. He will stay in hospital for at least another week, his doctors said. The medical bulletin was the first since the 70-year-old minister was taken to Toranomon Hospital here on Saturday after
      Reuter  -  53 words
    • Article
      Lock icon EEC growth slows down
      67 1 Reuter LUXEMBOURG, Mon. The growth of industrial production in the European Economic Community (EEC) has slowed for the third quarter, according to EEC figures. March estimates based on unadjusted figures showed an increase of 3.4 per cent over the same month last year, following rises of
      Reuter  -  67 words
    • Article
      Lock icon CPA-China agreement
      55 1 AP HONGKONG, Mon. Cathay Pacific Airways announced it has signed an agreement with China to operate an air service between Hongkong and Shanghai. The announcement said Cathay Pacific, a Hongkong-based British airline, and the Civil Aviation Administration of China will provide a daily service between Hongkong and Shanghai
      AP  -  55 words
    • Article
      Lock icon Transport seminar
      76 1 Reuter KUALA LUMPUR, Mon. A traffic separation scheme for the Straits of Malacca, one of the busiest sea lanes in the world, will be discussed at a seminar opening here on Thursday. The three-day seminar organised by the Southeast Asia Agency for Regional Transport and Communications (Seatac) will
      Reuter  -  76 words
    • Article
      Lock icon Ordered to leave
      89 1 UPI KEY WEST, (FLORIDA), Mon. The crew of an arriving Cuban sealift boat said Cuban authorities have ordered all the American boats remaining in the port of Mariel to leave within 24 hours. "At around 10 on Sunday morning, they came up to us and said: 'prepare
      UPI  -  89 words
    • Article
      Lock icon Dow Jones
      55 1 AP NEW YORK, Mon. Share prices fell in early trading, following a modest gain in the previous session. The Dow Jones average of 30 industrial stocks fell 3.07 points to 847.7» in the first half-hour. Declining issues outnumbered gainers by a slight margin in early trading on the
      AP  -  55 words
  • Article
    Chief Price Changes
    139 1 Rises Indices Magnum Corps 1130 40 May 30 Jun 2 Sel Prowrtipi Kuala Sidim 810 20 B.T. Indicator: 5143.63 5143.58 388 212 1300 1000 14 Industrials: 520.21 518.89 Apollo 8u(ei Beai M Banking 11 10 10 Finance: Hotels: 908.49 909.57 457.16 458.74 Cold Storage 304 8 Properties:
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  • Article, Illustration
    KUALA LUMPUR
    153 1 Rises Indices Kg Lanjut Sel Prop Rahman Hy Magnum Carp Gleneaiy B. 1 -intang K. Kampar Malaicoff Batu Kawan Cold Storage K.L Kepong 424 825 940 1140 306 376 575 370 362 370 496 +54 45 40 40 16 16 15 14 12 10 10 May 30 June
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  • Article
    SRC may invest another $130 m
    708 1  -  PRODUCTION OF PETROL By RONNIE LIM Chief Reporter SINGAPORE Refining Company (SRC) is expected to decide soon whether to invest up to an estimated $130 million to enable the company to produce petrol. SRC is jointly owned by BP Singapore, Caltez (Asia) and Singapore
    708 words
  • Article
    High growth rate in bank lending
    250 1 GROWTH in bank lending remained brisk in April at an annual rate of 36.7 per cent, which is about the same rate as in the previous month. But on a monthly basis, the growth seems to have moderated in April after six consecutive months
    250 words
  • Article
    Plan for Golden Shoe property
    441 1  -  By CATHERINE ONG ONE of the largest land owners in the Golden Shoe area has responded swiftly to the government's ultimatum to redevelop its properties in that area before the Urban Redevelopment Authority step 6 in. Sources said United Overseas Bank has on its drawing
    441 words
  • Article
    Inchcape disposals
    309 1 THE current reorganisation at Inchcape Berhad has resulted in further disposals of some of its regional interests in its service, manufacturing, and property subsidiaries. The sales will bring in extraordinary earnings of $4.1 million for the current financial year. But earnings from these transactions will not materially affect
    309 words
  • Article
    S'pore net exporter of gold in first quarter
    275 1 GOLD warto mare toaa UB)M mllllM wm said year. Taklag adfuhge af frieci wUch iwB< to a Ugh af UB*U aa «uee, set uMut af akttt VMM were expvM tokg Ike first M days af IMb year. Baaed aa aa average price
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  • Article
    Outlook for developing nations not bright
    447 1  -  By JOHN LIM THE developed Western economies must make changes to their present economic relationship with developing countries if they want their support in meeting the Soviet challenge for global supremacy. In his first speech as the new Minister for Foreign Affairs, Mr S
    447 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      5 1 TheMMOLJAEP3K) PPC does it all.
      5 words
    • Advertisement
      Page 1 Advertisements Column 2
      37 1 MARIO VALENTINO NEW FASHION ELEGANCE Mandarin Hotel Shopping Arcade Fl, 3rd Floor, Orchard Road Singapore 0923 Tel: *****80 Hilton Hotel F7, Ist Floor Orchard Road Singapore 0923 Tel: *****78 by sofa agents: P. H, Grace Pta. Ltd.
      37 words
    • Advertisement
      Page 1 Advertisements Column 3
      39 1 SHIPPING TIMES TIGHTER entnl «f «U Mtpat BOLE «f rellaiarlag ar tikety 5 uwti "ODD hykUl" Improve credit largest FORD herrewf Ideas frem highly AIRCRAFT I, TV AND RADIO f, CROSSWORD WHERE TO WINE AND DINE I, SHARES II
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    • Advertisement
      Page 1 Advertisements Column 4
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      235 words
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  • TRADE AND INDUSTRY
    • Article, Illustration
      PEOPLE IN BUSINESS
      82 2 MB FUMIO OkJU&ki has been appointed sales manager (Japanese accounts) for Hilton International Singapore. A graduate of the Yokohama National University, Mr Okazaki's career in the travel industry started in Singapore in early 1978, when he joined a local tour operator as manager. In addition to his
      82 words
    • Article
      On quality control
      60 2 A BASIC course in Quality Control will be held from July 21 to Sep 25 by the Singapore Institute of Standards and Industrial Research. The 20 sessions course will be conducted by the institute's staff every Monday and Thursday from 5.30 to 7.30 pm. The course fee
      60 words
    • Article
      Stretching trade in rubber products
      338 2 INTRA-ASEAN trade and market potential may be enlarged for rubber products if the proposals on cooperation in the purchase of raw materials and exchange of new technology are eventually implemented. These possibilities were explored at the seventh plenary conference of the Rubber Industries Association of
      338 words
    • Article, Illustration
      KLEENING MACHINES
      69 2 AN AUSTRALIAN high-pressure cleaning machines manufacturer, Spray Cleaning Equipment fSCE) has received numerous orders and inquiries about its washers since participating in a Sineanoi* exhibition last October, the Australian Trade Commission reported. The company has since appointed agents in all the Asean countries and Hongkong. Singapore agents for
      69 words
    • Article
      New computer for F & N
      181 2 New computer for F N LOCAL bottler, Fraser and Neave (F and N), is spending $400,000 to install a new computer system to cope with its increasing data processing requirements. The company has ordered a medium-sized ICL ME29 Model 35 computer system to replace its existing 2903 computer system installed
      181 words
    • Article
      Exhibition to feature advertising winners
      111 2 AN EXHIBITION of the best newspaper and magazine advertisements from AsiaPacific countries will be staged in Singapore for the first time. The exhibition, to be held from Sep 15-19 at the 12th Asian Advertising Congress, will feature the top three winners from each country's national
      111 words
    • Article
      For the Resident Abroad
      95 2 FINANCIAL Times Business Publishing has come up with a new magazine designed to provide expatriates with regular information on investment, tax and every aspect of earning, saving and spending outside the United Kingdom. The publication, known as Resident Abroad, will feature articles by fellow expatriates outlining
      95 words
    • Article
      MEMO PAD
      474 2 SEMINARS AND COURSES June 6-27: Assertive Management, Shangri-La Hotel, AMR International June 11-12: Making Effective Presentations, Hilton Hotel, Consulasia June 12-13: Finance for Nonfinancial Managers, ShangriLa Hotel, Price Waterhouse June 13-16: Ultrasonic Plastic Welding, Suite 5264 Woh Hup Complex, Mechanical and Combustion Engineering June 18-20: Tactics Techniques for
      474 words
    • Article
      Motor fuel technique
      176 2 A NEW British company, Technoferm Developments (TFD), has been established to exploit the latest revolutionary techniques of biotechnology, which involves possible conversion of sugar cane into motor fuel, among other things. London reports said that TFD's set-up was announced recently by Mitchell Cotts-Lennon and its subsidiary, Capital
      176 words
    • Article
      Data General markets new 'super' minicomputer
      295 2 DATA General has introduced a new compact minicomputer in the Singapore market through Dataprep (S) Pte Ltd. The 32-bit Eclipse MV/ 8000 has been described as a "super" minicomputer which supports up to 128 users. The computer system has a virtual memory capacity of
      295 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      109 2 TAKE THE BUS TOBANGKOK EVERY DAYAT 8.00 am. Z2O pm. Y\=\ gggrni iV.^ < -"> i" W --e;^ 1 V. -y "V Now you can enjoy Smooth as silk service to Bangkok twice a day onboard our remarkable A 300 wide body jets. Experience the unique combination of genuine Thai
      109 words
    • Advertisement
      Page 2 Advertisements Column 2
      85 2 THE LARGEST-SELLING CHAIN-SAW IN THE WORLD. o T k w K p^ l X »«c w ram* fom sour* CAST ASM ST/HLfSEAJPTELTD Unit 1003. 10th Floor, Tan Boon Liat Building. Outram Road, Singapore 0316. Tel *****47 (3 Lines) Cable STIHLSEA Telex RS ***** INVESTMENT OPPORTUNITY MOTION PICTURE COMPANY OPERATED BY
      85 words
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      899 3 m m L^ 9 kV jrXAm fcSUsS Msk t 7% m 3? l IS n ?4 A The Philips P5002 w ill dramatically increase your office productivity and efficiency. For men of many letters, a machine that edits, revises, alters and reprints in extremely quick time. All text on the
      899 words
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  • RAW MATERIALS
    • Article
      Lock icon Tin consuming countries told to be realistic
      301 4 Reuter MALAYSIAN Primary Industries Minister Paul Leong accused tin consuming countries, notably the US of failing or refusing to recognise that current prices of tin cannot be said to be high. He said in a dinner speech that .one major consumer country in
      Reuter  -  301 words
    • Article
      RICE
      339 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.06, 100 per cent second class 0.90, 100 per cent third class 0.88, 25 per cent new crop 0.80, B-10 per cent 0.68. THAI BROKEN: A-super 0.63, Special no stock.
      339 words
    • Article
      RUBBER
      314 4 IN Singapore, the market closed lower with June One RSS buyers quoted at 285.50 cents per kilo, down two cents from last Friday's close, dealers said. The morning market firmed one cent on reserved of sellers, trade, speculative and upcountry buying influenced by rising gold prices, they said. A
      314 words
    • Article
      RAS PRICES
      299 4 R.A.S. prices In cents per kilo yesterday Noon (per Ulo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 284.SO 285.50N Int. 1 R.S.S. June 286.50 2/7JO Int. 1 R.S.S. July 291.00 292.00 Int 2 R.S.S. 281.50 282.50N UK/Coat 280.50 *****N Int 3 R.S.S. 278.50 2T9.50N UK/Coat 277.00 278.50N Int.
      299 words
    • Article
      SSR and SMR
      104 4 NOONSSRu >d SMR prioaa yaatardayRAS SSR30 SSRSO (1-ton pallx (1 too pall* JlM (Cwmt MU) Bayers Saltan t) 272.00 274.00N t) 308 00 *****N (Forward Mtk) Burara 8allaro 274 00 378.00N 371.00 273.00N MKKLB Jmmm Julv SMRCV SMRL SMR 6 SMR GP SMR 10 SMR 30 SMR
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    • Article
      Straits Tin
      90 4 THE Straits tin prlee la Pcnig yesterday —i Ms 4 per pica! te $2,175, $39 above the International Tin Agreement celling, dealers said. Conditions were depressed by a continued Ugh contribution s tin concentrates from miners dae te farther ead-moath dlspssals and same foreign ares sales and a
      90 words
    • Article
      CLOSING PRICES
      39 4 Rubber June 2 Singapore: June: 285.50 cents (down 2.00 cents) Malaysia: June: 290.50 cents (down 2.50 cents) Tin: M 52,175 (down $4) (equivalent to $35.96 per kilo) (down 7 cents) Official offering: 262 tonnes (down 6944 tonnes)
      39 words
    • Article
      PALM OIL
      144 4 IN Kuala Lumpur, the market ruled lower while operators assessed the higher duty imposed on crude and processed palm oil, dealers said. Trading was quiet with interest mainly in the southern and central regions, which eased MJIO each to $895 per tonne for June position. In the north,
      144 words
    • Article
      Produce exchange
      176 4 CHINESE Predaee Exchange, Btagapare, el—lsg prices per lMkg yesterday: Csesaat all: Bulk fob $137.50 sellers, old drum (in second hand drum) fob $147.50 sellers, new drum fob $154.00 sellers. Cspra: Mixed (loose) $79.00 buyers. Pepper: Muntok white pepper fob Asta NLW $480.00 sellers, Sarawak white pepper faq fob
      176 words
    • Article
      TEXTILES
      194 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) CtttM yara: China Blue Phoenix 20b 2,200; 32s 2,580. 40s 2,860 (per bale of 400 lbs). Piece gnO: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      194 words
    • Article
      LONDON MARKETS
      891 4 COFFEE: Robusta futures closed the morning with gains of £15 to £13 per tonne from last Friday after opening with average losses of £3 per tonne. Turnover was 1639 lots including nine options and 360 lots of cross trades in July. Dealers said during the morning, trading continued
      891 words
  • ASIAN STOCKS
    • Article
      Afternoon decline
      581 4 TOKYO THE market started out firm yesterday with interest on resource-related stocks, entering the new trading month. However, the earlier strength failed to hold, and turnover did not swell. In the afternoon, there were further declines as anxieties over the possibility of entering a new phase in the
      581 words
    • Article
      Lock icon Hongkong
      347 4 Source: SHK See THE market certainly opened better yesterday following the IVi per cent cut in prime this weekend, but seemed to be looking over its shoulder at the frenetic gold market reflecting anxiety over higher oil prices, reports of fighting in Turkey and wild rumours concerning the American
      Source: SHK See  -  347 words
    • Article
      Sydney
      344 4 GOLD stocks made for a strong market yesterday as they paralleled a rise in gold metal prices, but oils also rose, brokers said. Central Norseman rose ABO cents to $8.40, Peko Wallsend GO cents to $8.20, Emperor five cents to $1.90 and Gold Mines of Kalgoorlie 40 cents to
      344 words
    • Article
      Bangkok
      250 4 STOCK prices closed mostly lower in the absence of buying support in quiet trading yesterday, dealers said. Capital Trust fell one baht to 56.50, Mah Boonkrong Drying and Silo three to 185, Jalaprathan Cement two to 108 and Rama Tower 0.50 to 73.50 baht. Jl'NF 02 Bah us •r/Asia
      250 words
    • Article
      Manila
      145 4 STOCKS closed generally firmer yesterday, though turnover declined to 3.5 million pesos from last Friday's 5.4 million, dealers said. Baguio Gold, Benguet Con B, Philex B, Podco B, Pogei, Seafront, BG Goodrich and PLDT firmed while Basic Petroleum and Vulcan fell. JUNK 02 IVlON Arojr Mining a»# unrh AIU.S
      145 words
    • Article
      Selected indices
      32 4 H.K.HANO SENO Monday 801.87 Friday »4 32 Wffk Ago 898 38 SYDNEY INDUSTRIALS Monday unav Friday «51 08 Week Ago 843.51 ALL ORDINARIES Monday unav Friday 857.08 Week Ago 844.31
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  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      345 4 The LIFE! Library Of Photography helps you to see great picture possibilities -all around you... •t v/f V f The Life Library Of Photography Each volume measures 10'/< To7< inches (26 x 26 cm). Hard cover, silver stamped black cloth binding. 240 pages. Approximately 300 illustrations, many in full colour.
      345 words
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  • OVERSEAS
    • Article, Illustration
      Lock icon Oil producers may control output
      595 5 Reuter AP OIL-PRODUCING countries may control their output more closely to prevent major consuming countries, particularly the United States, from building up stockpiles, the Organisation of Arab Petroleum Exporting Countries (Oapec) said yesterday. The oil-exporting nations could not be blamed if this led to a
      Reuter; AP  -  595 words
    • Article
      Lock icon Acting director of KCIA resigns
      175 5 AFP AP SOUTH Korea's military strongman Lieutenant General Chun Doo-Hwan yesterday gave up his post of acting director of the Korean Central Intelligence Agency (KCIA). He tendered his resignation to President Choi KyuHah, having completed his task of reorganising and streamlining the KCIA, presidenial spokesman
      AFP; AP  -  175 words
    • Article
      Lock icon Bonn may reject EEC compromise
      343 5 Reuter DETERMINED opposition reported in the West German Cabinet to a Common Market compromise to cut Britain's budget payments to the community could threaten Bonn's acceptance of the deal. The opposition was said to come from Finance Minister Hans Matthoefer, a key figure if West
      Reuter  -  343 words
    • Article
      AMERICANS DEFY BAN
      217 5 A GROUP of 10 Americans, including former US Attorney General Ramsey Clark has defied the US government and decided to fly to Teheran to take part in a conference probing past American involvement in Iran. The American Friends Service committee said the group left for Teheran on
      217 words
    • Article
      Lock icon President Carter on verge of achieving victory
      387 5 Reuter THE presidential primary campaign ended yesterday with President Carter on the verge of achieving victory, and Senator Edward Kennedy working for a political miracle in California. To most political analysts, today's final round of eight Democratic primary elections looms as an anticlimax
      Reuter  -  387 words
    • WORLD IN BRIEF
      • Article
        S. KOREAN PRICES UP
        510 5 SOUTH Korea's wholesale and consumer price indexes rose 42.2 per cent and 26.2 per cent respectively in a year through May. The central bank of Korea listed the wholesale price index as 224.1 for May, up 2.4 per cent from April, up 27 per cent from
        510 words
    • Article
      Lock icon Blasts at refineries work of saboteurs
      472 5 Reuter SABOTEURS are believed to be responsible (or explosions at South Africa's major oil-from-coal plants late on Sunday. A company spokesman said the fires were still blazing yesterday. "This ife definitely sabotage carried out by terrorists," be said, as army units and police set
      Reuter  -  472 words
    • Article
      Lock icon Manufacturers urged to try harder
      392 5 AFP MALAYSIAN manufacturers have been advised of the urgent need to step up their own marketing promotion and establish worldwide acceptance of Malaysian products rather than to rely on their foreign partners. Senior state Executive Councillor Khor Kark Kim said many projects had failed because
      AFP  -  392 words
    • Article
      Lock icon M'sia needs new tin technology
      200 5 AFP MALAYSIAN Mining and Mineral Engineers have been urged to look for new technology to exploit future tin reserves safely and economically. The call came from the chairman of the Institution of Mining and Metallurgy (IMM) Malaysian section, Mr Ahmad Zukni bin Johari at a
      AFP  -  200 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      730 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL FT 171 0710 JFK/ORD/TPE SIA/BA SQ/BA17 0806 LHR/BAH SLA SQ101 0615 KUL MAS MH621 0635 PEN RBA BI427 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ2U 1000 HLP CAL CB14 1000 HLP MAS MH605 1000 KUL
      730 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      31 5 SHAMELIN OIL PROCESSING SDN BHD M 56,650,000 Medium term loan.working capital loan and guarantee facilities partly guaranteed by BANK PERTANIAN MALAYSIA Arranged and provided by INTER-ALPHA ASIA (SINGAPORE) LIMITED April 1980
      31 words
    • Advertisement
      Page 5 Advertisements Column 2
      89 5 This advertisement appears as a matter of record only OLC U.S. $30,000,000 Orient Leasing (Caribbean) N.V. 12 per cent. Guaranteed Notes due 1985 guaranteed by Orient Leasing Co., Ltd. and The Sanwa Bank, Limited Daiwa Europe N.V. Manufacturers Hanover Limited Algemene Bank Nederland N .V. Banque N ationale de Paris
      89 words
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  • Article
    Capitalise on our assets
    377 6 MUCH has been made of the competition that exists between Hongkong and Singapore as rival banking centres. Hardly a day goes by without one banker or another pointing out the merits or demerits of doing business here or there. The attraction of each centre, however, will
    377 words
  • Article
    Recruitment must be made cautiously
    316 6 IT MAY come as a surprise to many that the Economic Development Board's advertisements in the UK have succeeded in attracting more professionals from the developing world than from developed countries. After all, the EDB was probably aiming for the top brains of the West
    316 words
  • Article
    Securities linked to commodities
    1346 6  -  RISING DEMAND The trend on international markets is for issues of securities with redemption terms indexed to the price of a commodity. It has been rumoured that a Eurobond backed by gold is on the way. NICHOLAS COLCHESTER describes how these "odd hybrids" are improving the
    1,346 words
  • Article
    Government-citizens communication vital
    1010 6  -  Letter to the Editor I H MartMaid Dear Sir, The recent "Day of Action" protest in the UK organised by the unions, was an exercise in futility. There were no winners; only one loser the country! If we can believe it, the organisers' objective was to have
    1,010 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      162 6 CARLOS CASTANEDA THE SECOND RING OF POWER Carlos Castaneda's journey into the world of sorcery has captivated millions. In this new book, he introduces dona Soledad, whose mission is to test Castaneda by a series of terrifying tricks. Thus, Castaneda is initiated into experiences so intense, so profoundly disturbing, as
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      58 6 Bristow: Frank DickenS l£T\ see T ne stpvff RPe 1 eMjovi*o lUete. rapoN«f »COJT DlNtJcO SoCCOL&riT SLC£S or STufTiKG CtflSP GOLDeN RoRST "felOeC CjPteDSLN PfeAS, BCoSseL sPRo-rrs <sf*KP Cg.P\N6eRP.y SPOCE-. [<3tJ .^O.cL'l 33 V A (DO f \T u*. 1\ T vAeRCS P>N CP«M PvLUPNS eP.T I P»U- N«CpvAT M>*TMe
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      1359 6 NOT MUCH TO OFFER IF NOTHING else, the »agapre Biaadcastlag Carparattoa Is daiag Mi Mt to help eat dawa exeeadve mat ti etoetttoHy. Aad It Is gaiag ahaat this hy afferlag set mack ea TV toalght. 8e aaleas eae mast have that daily "dW tram the tahe, this evealag hi
      1,359 words
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  • Article
    Lock icon Ford borrows a bit of Eastern philosophy
    2341 7 After years of headscratching over the extraordinary and extraordinarily successful management practices of their thrusting Japanese competitors, several major companies in the US and Europe have now begun to "borrow" some of the less inscrutable systems and styles, adapting them to suit their
    FT.  -  2,341 words
  • Article
    Lock icon Who can really replace Carter?
    856 7  -  FOBUH. with JAMES RESTON NYT WATCHING President Carter try to juggle all the contradictory foreign and domestic problems of the US during a presidential election and an economic recession, you have to wonder who can do it and who can govern America. In the past
    NYT  -  856 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      260 7 A Couturier of the Elite and more MALAYSIAN CONTAINERS (1974) BERHAD (Incorporated in Moloysia) COMPANY ANNOUNCEMENT The Directors are pleased to announce that they have decided to recommend a final dividend of 11 less 40% income tax in respect of the financial year ended 31st March 1980, bringing the total
      260 words
    • Advertisement
      Page 7 Advertisements Column 2
      437 7 Businessmen, Are You t Getting Your Share of the Billion Oil Industry? The South East Asia ON Directory 1980-81 (Third edition) is the only professional reference work which brings together an encyclopedic volume of material to serve all sectors of the oil industry. It is the most comprehensive and in-depth
      437 words
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Fiat SPA to draw on reserves for dividend
      511 8 Reuter FIAT SPA of Italy has said that it will draw on its reserves to finance payment of an unchanged dividend for 1979, after losses by its car subsidiary which cut into the holding company's profits. It will pay an unchanged dividend
      Reuter  -  511 words
    • Article
      Lock icon GAMMON'S PROPERTY VENTURE IN U.S.
      112 8 Reuter GAMMON Properties Limited of Hongkong says It has withdraws (ram farther negotiations with Sunrise California Inc aimed at acquiring the development rights of a property project In Oakland, California. Members of a proposed consortium to be headed by Gammon felt they were nnabie to
      Reuter  -  112 words
    • Article
      Lock icon Nissan predicts record sales for current year
      384 8 Reuter NISSAN Motor Company Limited of Japan says it expects to report record sales of 3.1 trillion yen for the business year ending next March, up from 2.74 trillion a year earlier. Nissan managing director Yoshihisa Yokoyama said, however, that its profit forecast
      Reuter  -  384 words
    • Article
      Lock icon Little change in profit expected for Marubeni
      278 8 Reuter MARUBENI Corporation of Japan said it expects its after-tax profit for the current business year to be almost unchanged from last year's 9.56 billion yen. Sales are expected to rise to about 10 trillion yen from 8.39 trillion yen last year. The
      Reuter  -  278 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      670 8 Where to wine, dine and entertain 4 Dine at Dragti! Palace Have a royal feast of Cantonese delicacies a memorable experience. Quick Hong Kong Tim Sum Lunch available daily. > .ttfc. Cockpit iSotrl Call Josephine for reservations *****75 or *****11 x 107 far* Less to pay on our Weekday Package!
      670 words
    • Advertisement
      Page 8 Advertisements Column 2
      212 8 The American Express Card serves you well wherever great food is served welcome A To apply for the American Express Card, call 2358 133. oueoij) Ate w rJrirJfk' rJayz'Cfi 4 nsv. Sool lnni». lulaxin^ 9 1 Ronnie CTrio Robin's Tavern. The placc to go, after work. To relax, and to
      212 words
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  • BANKING AND FINANCE
    • Article
      Large market for sophisticated bank knowhow
      479 9 ASIAN banks form a potentially large market for sophisticated banking technology as they employ more progressive methods to cope with their expanding business in the 1980s. This observation was made by Mr Edward de Jong, senior vice president (banking and finance) of the Private
      479 words
    • Article
      Lock icon Beijing's governor in World Bank group
      169 9 AFP CHINA has appointed Minister of Finance Wu Bo as its governor in the World Bank group, the Xinhua news agency reported. Chinese Foreign Minister Huang Hua sent a cable to the president of the World Bank, Robert McNamara, informing him the appointment. Depoty
      AFP  -  169 words
    • Article
      Lock icon UK issues new £1b government stock
      303 9 Reuter THE BANK of England has announced a new part paid UK government stock, £1 billion of 13 1 2 per cent Exchequer stock 1994 for tender with a minimum price of £96.00 per cent. The stock is payable on the basis of £40
      Reuter  -  303 words
    • Article
      Thai banks take shares in PICA
      148 9 TWO leading Thai financial institutions, the Thai Farmers Bank and the Siam Commercial Bank, recently became shareholders of the Private Investment Company erf Asia (PICA), a private multinational investmentrelated organisation based in Asia. This is the first time that Thai participation in PICA has
      148 words
    • Article
      Gold unlikely to make comeback
      121 9 THE RECENT instability of the gold market makes remonetisation of the metal an unacceptable proposition, Bank of Italy governor Carlo Ciampi said. Intervention by central banks on the gold market, as under the previous "pool" system, could get out of control in an erratic market,
      121 words
    • Article
      Role of co-financing arrangements
      479 9 WORLD BANKING CONFERENCE j CO-FlNANClNGarrange* ments between the Asian Development Bank and private banks can augment the flow of capital into Asia. But response to the scheme seems to have been less than enthusiastic mainly because of a lack of interest among developing countries. Mr Don
      479 words
    • Article
      Interest rates on the decline
      504 9 INTEREST rates in the United States have fallen sharply on mounting evidence of recession along with a marked slowing down in demand for credit. Mr Norman Robertson, who is senior vice-president and chief economist of Mellon Bank in the US, said the speed of the
      504 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        447 9 NERVOUS trading prevailed on the foreign exchange market yesterday following fresh rumours regarding the US embassy hostages in Iran. This had an adverse effect on the US dollar, which weakened against major currencies. Starting at 223.40/60 against the Japanese yen, the US dollar edged up to 224.10. An
        447 words
      • Article
        HONGKONG
        191 9 THE U.S. dollar was marked down yesterday in active late trading against all major currencies, dealers said. Fears of a deepening US recession, coupled with rumours about the US hostages in Teheran later discounted by the market, were behind the dollar fall, they said. The dollar was quoted at
        191 words
      • Article
        ASIAN $ RATES
        190 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on June 2: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US DolUn(Saot) Offer BM 10 7/16 105/16 10 Vi 10'* 10'. 10 105/16 10 3/16 10 7/16 10 5/16 10 7/16 10 5/16
        190 words
      • Article
        Discount
        47 9 RANGE of price» offered by discount bouses on June 2: Overnight: 3 7 3/18% Call deposits: 6*4 7H% Closing Baying Selling 3-month Treasury bills 7 3/18 71/16 3 month Bank bills 1013/*****1/16 3 months CD 105/16 103/16 6 months CD 015/16 S13/16 Source: National Discount Co
        47 words
      • Article
        TOKYO
        129 9 THE U.S. dollar for overnight delivery closed weaker at 222.70 yen yesterday, compared with a 223.50 opening and 224.40 at last Friday's close, dealers said. Trading was active but nervous with volume US$927 million. The dollar initially finned to the day's high of 224.20 yen due to a high
        129 words
      • Article
        LONDON
        299 9 THE U.S. dollar traded marginally firmer yesterday in early dealings against Far East closing levels after opening mixed in terms of major European currencies, dealers said. The dollar's slightly firmer tone was aided by a slight rise in Eurodollar deposit rates, with trading generally very quiet. The dollar was
        299 words
      • Article
        GOLD
        308 9 GOLD futures yesterday, weakened marginally in late afternoon trading on some profit-taking, but prices still closed sharply higher compared with last Friday's closing levels, dealers said. The morning market rose sharply on Middle East demand and some local shortcovering with August contract traded to a high of U*****.00/588.00 an
        308 words
      • Article
        PLR
        22 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
    • Article
      Lock icon UAE sets more flexible reserve ratio rules
      233 9 Reuter THE UNITED Arab Emirates (UAE) Currency Board has said that with effect from June 1, banks can meet their reserve requirements by averaging their position over six days instead of meeting the ratios daily as previously. It added, however, that reserve ratios
      Reuter  -  233 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      77 9 E/otic Food (m&v yVdvyiwK Tel: ViISOS CHI RESTU mj i Penthouse Restaurant Holland Road.Shopping Centre i Opposite Chip Bee Garden Tel: *****06 Micrivf ks Seafood 8.8. Q. nigllliy Steamboat $12/Happy Hours: 3.00 pm to 6.00 pm Drinks (20% discount) and Snacks mm Prompt Luncheons ♦Catering: Functions •Gourmet Dinners •Buffet Parties
      77 words
    • Advertisement
      Page 9 Advertisements Column 2
      141 9 d NEC AID SOFTWARE LIMITED in conjunction with NEC COMPUTERS invite DEALERS AND BANKERS to view demonstrations of the AUTOMATED INTERNATIONAL DEALING SYSTEM and AUTOMATED INTEGRATED BANKING SYSTEM at the New Banking-Asia Expo'Bo World Trade Centre. Singapore. June 3-5, 1980 from 1 pm 7pm. For further information and alternative dates
      141 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE-
    1670 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise qiecified. BECTION ONE INDUSTRIAL COMMERCIAL Acma (HOB 3.128)
    1,670 words
  • Article
    Unit trusts
    175 10 MIMUMTIM wr OVMONTMHI (UtMfOTl' pte far Jan t) (■Mafm' prim i tar inn S) The Commerce 2 44 2 Msri Union Spare Fund 1.01 1.00 The Savings Fund S pore Prof Fund i.e 1.18 1.70 1.24 INCOME BOND UNIT S pore Sec. Fund 100 110 Income Bead Uitl
    175 words
  • Article
    SHARE INFORMATION SERVICE
    2747 10 Gr'« Gr"» Net 1080 Last Div Div Y'ld P/E Vol Day High Low Company Sale or- Cvr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 370 245 Acma 312cd unch 15.0 2.8 45 125 18 316 312 223 220 Alcom 223 12.0 2.5 55 12.6 149 116 Allied
    2,747 words
  • Article
    In Kuala Lumpur
    1934 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. MMJBTBIALB -JT (3.208 3.245) Aieaa (2.148) (2) 116 Alas BaW (1.348) AMD
    1,934 words
  • Article, Illustration
    Investors shaken by rumours
    655 10 A SENSE sf aacertalnty hovered ever the a*pr—stuck market yesterday, eaariag share prices to elese eft kert. Prompted by beamy ef farther political aarest la Iran, uervaas holders qalckly liquidated and teak profits without waltiag ta confirm details sf the Irafllaa ritaattoa. Altboagh bayers retained dariag
    655 words
  • Article
    Kuala Lumpur ends higher
    540 10 A FRESH wave of buying in the early morning session lifted share prices generally higher on the Kuala Lumpur stock exchange yesterday. The market, building strongly on last Friday's firm close, raced ahead at the opening in fairly active trading. However, sentiment was dampened slightly towards
    540 words
  • Article
    COMPANY MEETINGS
    84 10 Ess* (M) BM: AGM to be held at the Nirwana Ballroom foyer, Hilton Hotel, Kuala Lumpur, at 10.30am today. The Straits Tradlag Campaay Ltd: AGM to be held at 19th Floor, OCBC Centre, Chulia Street, Singapore, at 11.30am on June 5. Malakafl BM: AGM to be held at
    84 words
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  • COMPANY NEWS
    • Article, Illustration
      Bata (M) makes further plans
      607 11  -  By SUSAN THAM BAT A (Malaysia) is on the threshold of a more exciting phase of expansion in the *****. With its Seremban factory due to come onstream later this year, the group is now planning to expand its factory in Klang. The proposals spelt
      607 words
    • Article
      UE forms new unit to shape its recovery
      809 11  -  By CATHERINE ONG UNITED ENGINEERS, currently on the threshold ot a recovery, has formed a multi-million dollar company which will oversee the task of reshaping the profile of the group in the new decade. The new company, United Engineers Developments Pte Ltd,
      809 words
    • Article
      Oriental purchase
      209 11 ORIENTAL Holdings has taken yet another step in the expansion programme for its wholly-owned subsidiary, Kah Motor Co, with the purchase of an 80,000 sq-ft peice of land at Commonwealth Lane. Kah Motor exercised the option last month to acquire this piece of land from Nippon Paints (S).
      209 words
    • Article
      Apollo explains its profit plunge
      365 11 THE SHARP profit decline (or hotel-owner Apollo Enterprises (Apollo) was mainly due to low occupancy and high running costs of its Sentosa operations, the company said in reply to a Stock Exchange of Singapore query. Asked to explain why its net profit had fallen more
      365 words
    • Article, Illustration
      Lock icon GOOD VIEW
      450 11 SStDSCL™. HOCK LOCK SIEW BOOM-TIME far Singapore's hotels is far from over, judging from the Singapore Tourist Promotion Board's optimistic projections over the next few years. Cautious trodders, however, are less enthusiastic, perhaps worried that come 1985, hotel room growth will be proportionately higher than tourist arrivals. "Will
      HOCK LOCK SIEW  -  450 words
    • LATEST RESULTS
      • Article
        PREMIUM Holdings
        49 11 has re- ported a group pre-tax profit of $2.28 million ($l-58 million) on a turnover of *11.3 million (18.92 million) for the year ended Dec 31, 1979. The parent company turned in a pre-tax profit of $1.51 million ($l-54 million) on turnover of $1.62 million ($1.63 million).
        49 words
      • Article
        MALAYSIAN Containers
        49 11 an- nounced group after-tax profit of M 54.68 million for the year ended March 31, 1900, against 12.49 million previously. The directors have recommended a final dividend of 11 per cent less tax for the year, making a total dividend for the year of 22 per cent.
        49 words
      • Article
        LEONG Huat Industries
        68 11 has reported pre-tax profit for the year ended Dec 31, 1979 of *****,444 as compared with $250,397 the previous year. Net profit before extraordinary items is $709,444 ($250,397) while profit after extraordinary items is $1.15 million ($239,662). The company said that the extraordinary item of $436,288 refers
        68 words
      • Article
        PAN Electric's
        35 11 pre-tax profit for the fiscal year ended Dec 31, 1979 was $6.86 million ($6.1 million). Its directors have recommended a dividend of 12.5 per cent less tax for the year. 0 0 0
        35 words
      • Article
        PRE-TAX earnings for Growth Industrial Holdings
        80 11 for the financial year ended Dec 31, 1979 was $1.27 mil- lion as against $2.04 million previously. The company had unaudited group after tax profit of $820,000 ($ll4 million) for the year ended Dec 31. Parent company after-tax profit came to $630,000 ($1.23 million).
        80 words
      • Article
        KINTA Kellas Tin Dredging Co Ltd
        74 11 had unaudited pre- tax profit of M 53.5 million ($4.4 million), for the year ended March 31. Tin ore output came to 7,426 piculs (7,609) and average net tin price realised $1,031 per picul ($903). The directors have recommended a final dividend of 125
        74 words
    • Article
      COMPANY BRIEFS
      443 11 HONGKONG Laad said that its rights issue of 77.32 million shares of HK$5 each, priced at HKJ6.90 per share, has been oversubscribed. An announcement in respect of the excess applications will be made not later than June 3, 1980. The company did not say by how much the
      443 words
    • Article
      DIVIDENDS ANNOUNCED
      689 11 Current Ex Boohs Date Total for Total for Payment Date Close Payable the year Previous year S'wang Shipyard 20*(b) May 5 May 12 Jun 3 20* 125* Malakoff 15*<J> May 13 May 23 Jun 0 225*(j) 20* M Cable* 17.5% Apr 28 May 9 Jun 6 17.5* 10*
      689 words
    • Article
      SCRIP ISSUE
      130 11 Company Particulars Ex Date Book! Cloae Ltd Plant Magnum Corp Matauahita SP Textile Bolton Sanyo Ind St Trading Sim Lim Bonua issue of 1 for 10 Bonus Issue of 1 for 2 Bonus issue of 1 for 4 Bonus Issue of 1 for 2 Bonus Issue of 1
      130 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      96 11 SALESMEN and SALESWOMEN: GET MORE RESULTS This action-packed Dale Carnegie Sales Course helps you: Develop sales confidence Sell more ol your products or services Handle objections capably Organize your selling day Improve your sales personality Reach your goals in selling Prepare tor advancement Make sales easier and earn more money
      96 words
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      Page 11 Advertisements Column 2
      165 11 Wendy Hutton's IJL'i'J' ....more than just a cookbook! Here, for the first time, is a local cookbook that gives you more than just recipes. More, too, than lots of fascinating and relevant information about Singaporean infre<fients and cooking methods. Singapore Food is unique because n puts Singapore's famed cuisine into
      165 words
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  • Article
    The emerging financial hubs of Asia
    383 12 BEIJING or Shanghai could emerge as one of Asia's new financial centres by the end of this decade. But the recycling of billions of dollars around the world will continue to be a source of prosperity for financial centres both in the East and
    383 words
  • Article
    Lock icon Second triumph for Indira in 5 months
    203 12 Reuter INDIAN Prime Minister Indira Gandhi's Congress (I) Party was yesterday on its way to winning control of eight Indian state assemblies its second election triumph in five months. Only a regional party led by an ageing film star turned politician could resist
    Reuter  -  203 words
  • Article, Illustration
    Expatriates for project
    420 12 PROPERTY company Singapore Land has brought in two highly skilled expatriates to beef up development of its proposed Marina Centre project. The expatriates are believed to have extensive managment experience in major developments by the noted American architect-cum-developer, Mr John Portman who designed the Marina Centre complex.
    420 words
  • Article
    Singapore is 10th largest investor in Indonesia
    219 12 SINGAPORE is the 10th largest foreign investor in Indonesia, the Singapore International Chamber of Commerce says in its annual review of the Republic's trade and economic trends. Quoting figures published by the Indonesian Central Bureau of Statistics, the report says that in the
    219 words
  • Article
    Lock icon Bombs injure two mayors
    52 12 UPI BOMBS exploded in the cars of two prominent Palestinian mayors from the occupied West Bank yesterday and wounded both men seriously, West Bank military officials said. Israeli Prime Minister Menachem Begin called the bombings "tragic events" that were "regrettable" and said an "intensive investigation" was
    UPI  -  52 words
  • Article
    UMW (M) subsidiary gets $15m loan
    318 12 UMW Acceptance and Credit Sdn Bhd, a subsidiary of United Motor Works (Malaysia) Holdings Bhd, has signed a loan agreement with a consortium of banks for a M 515 million, four-year revolving credit facility. Participants of the loan, managed by Aseambankers Malaysia, included Malayan
    318 words
  • Article
    LONDON STOCKS
    800 12 LONDON, Mon. The new account opened quietly with both equities and government bonds drifting throughout the session, dealers said. At 3pm, the FT index was down 3.2 at 412.7. The government bond sector was still depressed by the surprise announcement of the new exchequer 13'/2 per cent 1994
    800 words
  • Article
    Price of gold shoots up to US$576 an ounce
    232 12 THE price of gold shot up to a high o( US$576 an ounce on the local bullion market yesterday due principally to rumours that the US embassy hostages in Iran have been killed. Although the price had slipped to US$56l at
    232 words
  • Article
    Premier's tour
    88 12 VICE-premier Geng Biao of China has begun a tour of US warships and navy bases in the San Diego area after visiting headquarters of the North American Air Defence Command in Colorado. Mr Geng, 71, the highest ranking military official from China ever to visit the United States,
    88 words
  • Article
    Bid to recruit qualified personnel
    499 12  -  By FONG MEW LENG THE Government has launched a concerted drive to recruit not only foreign engineers but also other highly qualified personnel currently completing their studies at foreign universities. The Economic Development Board (EDB) recently issued circulars to major UK universities through the Republic's
    499 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      180 12 Leader... Page S Advertisement Industrialist Announces Breakdown Reporters covering the story were surprised when they arrived at the press conference to be met by the visiting American company president, drink in hand and bellowing "Yam Seng". The industrialist who obviously had been celebrating all morning with his Singaporean partners, was
      180 words
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      Page 12 Advertisements Column 2
      277 12 INVESTMENT ANALYST JARDtNE FLEMING (SINGAPORE), one of Singapore's leading merchant banks, has a vacancy for an investment analyst to assist in the preparation of reports on the economy and stockmarket and in the day-to-day management of clients' portfolios In due course, the successful applicant wdl be expected to liaise closely
      277 words
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      Page 12 Advertisements Column 3
      2 12 Leader...Pag? I
      2 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      66 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers with thunder in several areas from late morning. Report for 24 hoars prior to 7.39 p.m. on Jane 2 at the airport Maximum temperature 29.8 Associated humidity 80 Minimum temperature 74.0 Associated humidity 98 Hours of sunshine 3.00 Rainfall
      66 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon China-Japan accord
        111 13 UPI CHINA'S Red Flag shipbuilding yard and a major Japanese shipbuilder are to jointly construct 100,000-dwt class freighters. Hitachi Shipbuilding and Engineering of Tokyo said the accord with the Luta-based yard called on the Japanese to design vessels to conform with Chinese port requirements and build them at
        UPI  -  111 words
      • Article
        Lock icon Lutine salvage operation
        86 13 AFP ALMOST two centuries after the British frigate Lutine struck a sandbar and sank off the Dutch coast, a salvage operation will be carried out this month to try to recuperate the ship's cargo of gold, worth £22 million, reports Lloyd's List. In 1799, the ship was
        AFP  -  86 words
      • Article
        Lock icon New France CAF
        66 13 Reuter CONFERENCES covering trade between Europe and the Far East said they are raising the currency adjustment factor for France to 30.50 per cent from 26.50 per cent with effect from June 5. The conferences are the Far Eastern Freight Conference, the Europe/Japan and Japan/Europe Frieght Conference,
        Reuter  -  66 words
    • Article, Illustration
      The ideal roll-on/ roll-off vessel for South-east Asia?
      767 13  -  By GOH ENG KEE SINGAPORE'S Selco Shipyard is building a 2,000 dwt roll-on/roll-off ship hailed at a recent international marine conference as a model ship for inter-island shipping in South-east Asia. The vessel costing more than $11 million has been ordered by
      767 words
    • Article
      INDEX TO ADVERTISERS
      533 13 Shipping lime P»ge CM Adriatic IV 5 Afea VI 3 All trans VI 5 Alpac VI 5 Angkutan VI 4 ANL I 1 APL m 4/5 Argentine IV 4 ASCL m 1 Asia Merchant IV 5 Bank Line V 5 BBS n 4/5 Ben Line V 3
      533 words
    • Article, Illustration
      Triton Industries takes delivery of a new jack-up rig
      299 14 SINGAPORE rig builder, Far East-Levingston Shipbuilding has delivered the jack-up rig Trident V to its owners, Triton Industries. The rig capable of drilling in water depth of 150 ft was towed from the yard on April 30 to its location in
      299 words
    • Article
      Making the Red Sea safer
      372 14 THE SAUDI Ports Authority has a US$2O million hydrographic project underway that will make shipping in the Red Sea safer. With the increasing development and growth of Saudi ports, traffic to and from Red Sea ports has increased tremendously, in reef-strewn waters whose charts date
      372 words
    • Article
      Container Schedules
      998 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival Is advised by the Shipping Line/Agent and Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      998 words
    • Article
      LONDON FREIGHTS
      1407 14 CHARTERING was slow last Friday, with little interest in North American grain although cargoes were fixed from the US Gulf to Japan at $31.50 fio for spot loading and from the US Gulf to Venezuela at $33 fio for June. Other grain bookings included wheat from Antwerp to
      1,407 words
    • Article, Illustration
      Controversial plan for a total ro-ro port
      539 15 A CONTROVERSIAL plan for a total ro-ro port of the future without the need for massive investment was put forward at the recent Ro-Ro 80 Conference. But the formula of simplification rather than sophistication met with opposition from a section of delegates. Port
      539 words
    • Article
      Ro-ro bridging ramps under study
      402 15 SHIP-to-shore bridging ramps are an important part of the ro-ro service where tidal range or difficult terminal conditions prevail. These spans, like ro-ro vessels themselves, are being currently put under the engineers' and designers' microscope. A ramp at Dieppe recently collapsed while not in service
      402 words
    • Article
      Japan tops the list of new ship orders
      337 15 THE SIZE af the ardor kMta of the world'a ahlpyards eeattaoea to rise hat msjsiltj af their liariaaai e*"of the world ahtpballdlag ladaotry. Over the last three amatho, SSS dip totalßag lti mllltoa dwt have heea ordered aad reaghly twethlrda af the
      337 words
    • Article, Illustration
      SHIPS IN PORT
      460 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barber Perseus (Ro/Ro) (0700 after Nemea, required starboard to) 46/47 Cedar bank (after Hoe Hing k Long Shan) 15/16 Cherry Chantek (after Cherry Jaya) 26 Golden Eagle (0600 after Sheriar) 38/39 Gloria Peak (1700 after Coral Princess) 42/43 Iweri (0700) 22 Kota
      460 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3068 19 SCHEDBLE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      3,068 words
    • Article, Illustration
      PSA's $71m project
      259 20 TWO of the three new deepwater berths at the Port of Singapore Authority's Pasir Panjang Wharves are already being used by oceangoing vessels. The third common-user berth will be ready by early next year, as part of the PSA's $4.5 million project extending the 480-metre-long berths by
      259 words
    • Article
      Lock icon Seminar on navigation aids and problems in Kuala Lumpur
      278 20 AFP NAVIGATION problems and the implementation of the traffic separation scheme in the Straits of Malacca are among the main topics for discussion in a Navigation and Navigation Aids Seminar to be held in Kuala Lumpur this week. The South-east Asian
      AFP  -  278 words
    • Article
      Lian Huat Shipping
      159 20 Liner profile LI AN HUAT Shipping established in 1967 operates regular services to Indonesian ports. Since 1972 it has also operated to Malaysian ports, Bombay and Karachi as an outsider. Besides being owners of Singapore-registered cargo vessels servicing these trades, Lian Huat also acts as freight brokers,
      159 words
    • Article
      The Consortia
      136 20 The major shipping consortia operating between the Far East Europe and Straits ports Australia and the member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd
      136 words
    • Article
      WHO ACTS FOR WHOM...
      1467 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A-B Adriatic Caatalaer Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK/PN). Alfred C. Taejrfer Sea Consortium (S)/Marintex Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg and
      1,467 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      334 13 PIL GROUP REGULAIt CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. Sao Page V MR DIM A\ I AM s Orient Overseas Ca*iicjMeA Line FULLY CONTAICRtSED SERVICE TO EUROPE (VIA S (VIA SUEZ) Fstm ITbat Anhnrp 24/6 27/6
      334 words
    • Advertisement
      Page 13 Advertisements Column 2
      321 13 SEALORI) ANTAH S. UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES U. YAMAMAH V.15 BN AL ATHEER V.27 Dubai (23/6), Dammam (26/6), Kuwait (28/6). Abu Dhabi (3/7). Doha (1/7) Dubai (1/7), Dammam (4/7). Abu Dhabi (7/7). Kuwait (10/7). Mina Qaboos (13/7) Dubai (22/7). Dammam (25/7). Kuwait (28/7).
      321 words
    • Advertisement
      Page 13 Advertisements Column 3
      28 13 LI I CONTAINER Schedules U LONDON Freights D/m SHIPS In Port ffl SHIPPING List VH REGIONAL Weather VHI WHO Acts For Whom Vm LINER Profile Vm CONSORTIA VHI
      28 words
    • Advertisement
      Page 13 Advertisements Column 4
      632 13 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. MAERSK LINE EXPORT TO U S. PACIFIC. GULF, ATLANTIC, EAST CANADA AND ASIAN PORTS ■9 Sineapofe Closing Tunes XI 8 June 1500 hrs CFS 7 June 2400 hrs TO ARABIAN/PERSIAN GULF-FULLY CONTAINERIZED SERVICE Hon( Konj Karachi
      632 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      582 14 fc. LEO SHIPPING PERNAS-MISC PTE LTD. SHIPPING AGENCIES SDN BHD SINGAPORE PORT KELftNG PENANG iL^rS HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALA YSIAN INTERNA TIONAL SHIPPING CORPORA TION BER HAD Aho Accepting for: I) Barcelona Genoa. 2) Amsterdam. Antwerp L Havre Bilbao. Basle, UK 3) Bremen Bremenhaven Aarhus
      582 words
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      Page 14 Advertisements Column 2
      379 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA PI UN fcti I trraul CM Man Snfc CM Bten N T«k Boston St Ma N a nrm cm im si* 3-3/6 2/7 7/7 J/7 4-5/6 21/7 31/7 3/1 1718/6 17/7 22/7 24/7 23/7 2/1 6/1 8/8 Mp
      379 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      618 15 Overseas B M 1 Containers Limited Weekly service to/from UK/Europe SMGAPOftE MAHSfIEID CONTJUNER SHPPWG PTE LTD *****1 K. LUMPUR CONTAINER AGENCK *****4, PKELANG *****6/ I PtNANG BOUSTEAD SHPPMG AGENCES SON BHD *2301/3 Australia Straits Container Line JAKARTA smrat PENANG PORTKLJWG BMSBMC SYDNEY HLBOIIBf ACQ/UK FKMMITU (A member of ANRO) tag
      618 words
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      Page 15 Advertisements Column 2
      637 15 /■Jg Franco Belgian Services (F' ir Eost French Service u-xth BeUixan bar Eiisttrn I.\nes .tnf.O nt ACt CONSORTIUM UTTWEPCMI h Sri 4Mi onuinu Ila Jtm «*C«T» 17 Mi II km acvunios ntm ntm fuu ama BB HI bhs UHtvrt 14a* HVn fhnm t'awp rim Ktof Blbwa aj. 23ta 27f 211.
      637 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      661 16 Hapag-Lloyd FULLY CONTAKRtSED TO EUROPE Oiaßa Bay Mandiester Vanguard T*V«B»y Mano Mam Iwiiyrt Bar Kwaaia Mare Han*«| Eipress C ol EdWtwfd Cardigan Largs Bey EXPRESS CONVENTIONAL TO EUROTE S part PA dang Pan Ma* Sana HVtf Br—an Rdam Ump In Port 7/6 9/6 23/6 10/7 13/7 7/7 5/7 12/6 14/7
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      Page 16 Advertisements Column 2
      629 16 LINE KOREA s m CORPN P.IMa« VEGAI43W 12/15 Am 13/20 Jute FOR BUSAN BANGKOK VEGA 150E 12/15 June 16/20 June TO BUSAN MCHON ALTAR 153W 11/14 July 15/19 JiJy FOR BUSAN BANGKOK ALTAR 154E 11/14 July 15/19 July TO BUSAN PENANG CALL SUBJECT INDUCEMENT KSC KSC KSC KSC KSC KSC
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      Page 16 Advertisements Column 3
      472 16 ©EVERGREEN LINE FAR EAST FUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTHG CARGO FOR: HAMBURG. FEUXSTOWE. ROTTERDAM. ANTWERP. LE HAVRE ALSO ACCEPTMG CARGO FOR: UNTTED lUWGDOM SOUTHAMPTON. LONOON. MANCHESTER. BMMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND ®ETTftAM *»ii+m MMM FMM MM I EUROPE FAR EAST EXPRESS FULL CONTAINER SERVICE E*«
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      Page 16 Advertisements Column 4
      824 16 A Heveeadee lntwfKwinUi S. A. C.I. F "ARGENTINE NATIONAL LINE' LOADMG FOR DURBAN. CAPETOWr'.-MONTEVBEO. BUENOS Alt rATACOHA MGENTIM Tramport»don Maritime Mcxicana S. A. "MEXICAN NATIONAL LINE" FAR EAST/MEXICO I CENTRAL AMERICA SERVICE "M TMM through H of La*|" LOADMG FOR ENSENAOA. HANZ/M.LO, ACAPU.CO. ACAJUTU. CONMTO. SAN JOSt. PUNTARENAS (COSTA MCA)
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      Page 16 Advertisements Column 5
      407 16 i Tao.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD SANKYO LINE AUSTRALIA SERVICE P. Koiont Si*apart Loadtaf tar 11/11 km 19/21 Jm SnUCL. MB. BANGLADESH SERVICE 15/20 June CMTTAGONG. CHALNA JAPAN/STRAITS SERVICE Jknpm P. Koto* Ponani M NUT 3/4 JUM a»pn P. KitMi OCEAN PK II KIT 3/4 JIM (MSB DUKE 3
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      890 17 PIL GROUP EAST AFRICA/REDSEA SERVICE 1 SIHGAPOfIE/CHITTAGONG/RAHGOON/SERVICES SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES S.E.A. Container Feeder Service SINGAPORE/HONGKONG/MANILA ACCEPTABLE LCL/FCL CONTAINERS/ ALSO AVAILABLE 40-FT REEFERS. FOR HXG Pacific International Lines pte ltd (joint service) Malaysia Shipping Corpn. sdn bhd HOT* BAHAOA HOT* HMtfW (¥5) •KOTA NMM (IN) HOT* BAMTENG (¥3) HOTA
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      Page 17 Advertisements Column 2
      863 17 Tokyo Bay Ua Hani uwpHiaw (wan Mm HartwEaprws Cly of EdkMvfk Mpibr lipbT BEN LINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EUROPE H BOUG BHAttA ROAM *VRE SOTON Spot P Katam WGmwmil AteUrwaAntwerp France MUX a/i 27/ i a/i a/i a/i v% %t% in 1/7 ji/i a/i a/i U/« 4/7 1/7
      863 words
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      Page 17 Advertisements Column 3
      753 17 •«J 5 I A I Ait Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE 4 MM* 7/4 Mt PEMGAI4/4 lento I ONIIA2I/4 MM I POMCA24/4 IDMK 5/7 PENR4AI2/7 rll'l m H 4 < i t 15 ,1 K I n 9 >5 A J i. 1) 4a»toaa. Cm laghon 7) haMt
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      Page 17 Advertisements Column 4
      624 17 i® li 1 w i 5 It i it s i':V fi 7< 4 6 BOUSTEAD SHIPP,NG AGENCIES THE BANK LINE LTD. LOADS FOR E. t S. AFRICA >■■>» S 'port hw Data STKMMM 9/11 M, 12/1 C My 25 My <** to*"* lor P»rt Eta. East London and C't«m)
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      843 18 X* "K line TO NORTH AMERICA no fee» YESsas* n 9 MonavRSLS n us m A Uad 7/8 9/6 Qww'i R«r Brrip 27/6 6/7 HMa Hn 30/6 1/7 Hntum Mp 26/6 19/7 fmtmtTH 0/6 11/6 Asa Mam 30 6 10/7 HaUta Km 30/6 S/7 Yarrazana Brtdfa 26/6 19/7 Clppar Act
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      Page 18 Advertisements Column 2
      527 18 MLFOMM/MCfflC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Im*« tar LOS RNKIIS, SAN FRANCBCO. JUTTU. TACOBR. IMCOWD I C Accept* Fa/fa Cmtmm P «M| SMpport I M|*s mm 14 Aw IS A*e U Ma mm 17 m i? m AUSTRALIA EXPRESS CONTAINER SERVICE *u»to| Fa/Fa CwUturi NEW ZEALAND SERVICE i inium
      527 words
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      Page 18 Advertisements Column 3
      566 18 H;\(;roup SINGAPORE SHIPPING AGENCIES PTE LTD 20tm floor ocean builong Singapore MARKETING 9i 1122 (3 L'NESi GENERAL 91 Ji n (14 UNESi TELE* RS 2459S RS 2SS6B A B CAR SHIP •CA Bl E CARGOSHIP GUI l(c;|iiHial Container Lines WEEKLY CONTAINER SERVICE to/from BANGKOK DSR-LINES FUST XW-COMTUn SOWICE S pee
      566 words
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      Page 18 Advertisements Column 4
      633 18 a U l/rn 9 granard line INDEPENDENT ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ALSO tCCETTISG COMTAI.XER CARGO FCL OSLY FOR; PORT SAID. ALEXANDRIA, BEIRUT. LATTAKIA U MAS SOL. ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge Sport P.Koiang UNON *N YORK V. 3m 6 Jin 9 An Ft*
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      Page 18 Advertisements Column 5
      671 18 INTRASEA (PTE) LTD Faber House 234E Orchard Road Singapore 9 Telephone *****11'*****57 3 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE Spwt P. Kdang ATLANTIC HAWK NB77—M Pert Sated NORASMNB79 19 km 23 km Luting tar ROTTEID ROTTERDAM/BOULOGNE/UK (AVON) BOULOGNE/UK (AVON) MTRASEA (PIE) LTD *****11 BOOK ME *****57 -< YEO SMPPMC
      671 words
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      528 19 TO EUROPE/UK (VIA SUEZ): Spore H.KHKL In Port C. PAU.+ 8/6 MFBCATOR 17/6 C. RO2E 22/6 K. IACEWOH 28/6 W CONTMO 3/7 0. CHEF 9/7 Container feedered to/trom F'stowe Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ): C. RO5 K. JACEWON HK COfCTAfO. 0. CHEF S S BRDGE CORAL
      528 words
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      157 20 If you want to reach manufacturers, exporters and importers, then Shipping Times is the right advertising medium for you. If you're a freight forwarder or in anyway connected with the shipping and cargo business, Shipping Times has just the space for you. You'll be reaching a very select group of
      157 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      177 20 fi I X 1 A I V* t S! A s X i> 0 m m*A m A woo6o 1 yorj^j <5 r>< «<oy u. Wind direction with speed in knots Dew point °C Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LBGBfD: R Thunderstorm Temperature
      177 words