The Business Times, 20 June 1980
1980-06-20
1
20
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The Business Times
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Title Section10 1980-06-20 1 BUSINESS TIMES M.C.(P) No. 111/1/8« FRIDAY, JUNE 1« 50 CENTS10 words
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BRIEFLY...
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Article66 1980-06-20 1 AP WASHINGTON, Thurs. President Carter plans to overrule the objections of the Nuclear Regulatory Commission and approve the sale of nuclear fuel to India, Carter Administration sources said. The sources, who refused to be publicly identified, said the Administration's position would be made known by USAP - 66 words
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Article67 1980-06-20 1 Reuter BANGKOK, Thurs. Opium production in northern Thailand and Burma appears to have dropped drastically this year, US Assistant Secretary of State Mathea Falco said today. Miss Falco, responsible for international narcotics affairs, said a major drought appeared to have played a part in the production drop,Reuter - 67 words
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Article55 1980-06-20 1 UPI BAGHDAD, IRAQ, Thurs. Iraqi Security Forces stormed the British Embassy In Baghdad today and killed three gunmen who had occupied the building briefly, the state-owned Iraqi News Agency said. It said an investigation was underway to determine the identities of the slain gunmen and the "partyUPI - 55 words
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Article58 1980-06-20 1 AFP JAKARTA, Thurs. Indonesia and Singapore today began a six-day joint air force exercise in east Java, the first to be held by the two neighbouring countries. The exercise, code-named Elang Indopura I, was to test the mobility and alertness of the two airforces in the faceAFP - 58 words
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Article70 1980-06-20 1 AFP HONGKONG, Thurs. China will stand by the South Pacific countries against "hegemonist aggression" for preserving peace, security and stability in the Asian-Pacific region and the world as a whole, a top Chinese leader has declared in Beijing. Chinese Premier Hua Guofeng was speaking at a banquet givenAFP - 70 words
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Article47 1980-06-20 1 AFP SEOUL, Thurs. The South Korean Martial Law Command has partially allowed universities and colleges to reopen, beginning from Monday after a month-long close-down. Starting from next week, technical colleges, teachers colleges and medical schools will begin classes under a decree announced today. AFT.AFP - 47 words
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Article68 1980-06-20 1 UPI WASHINGTON, Thurs. President Carter left yesterday for the summit meeting with allied leaders, cautioning that the United States does not want a reckless confrontation or return to cold war with the Soviet Union. But he also warned before flying to Rome on the first legUPI - 68 words
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Article48 1980-06-20 1 AP NEW YORK, Thurs. Stock prices were little changed this morning. The Dow Jones average of 30 industrials edged up 0.68 points to 882.59 in the first half hour. Gainers and losers were evenly balanced in the early tally of New York Stock Exchange-listed issues. APAP - 48 words
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Article143 1980-06-20 1 Rises Indices K Kampar Sungei Besi 750 +145 Jun 18 Jun 19 1500 100 Ayer Hitam Tin A Enterprises 1510 428 70 18 B.T.Indicator: 5572.49 5554.28 M Glass 330 14 Industrials: 546.15 543.34 G E Life 1230 10 Finance: 943.06 937.77 Guinness 720 10 Hotels: 475.15 475.68143 words
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Article, Illustration136 1980-06-20 1 Rises Indices C Sugars M Tobacco M Brew K Kampar Tronoh EIAI Sel Dredge PMC Genting 675 510 540 740 1590 362 600 805 665 Falls 25 22 +20 +20 +20 +16 +15 +15 -15 Jun 18 Jun 19 B.T. Index: *****.*****03.24 Industrials: 641.90 640.99 Finance: 875.36 873.25136 words
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Article628 1980-06-20 1 CHOO AI LENG - TURNOVER OF $40m LAST YEAR By CHOO AI LENG HAVING established a firm foothold In the local market, Containerisation and Packaging Industries (C and P) is expanding to Sarawak. The largest transportation company in Singapore recently went into a joint venture with bumiputra businessmen628 words
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Article295 1980-06-20 1 THANKS to higher production and better market prices for oil palm products, Negri Sembilan Oil Palms (NSOP) chalked up a 37 per cent rise in pretax profit last year. The group earned $10.55 million in the year to Dec 31 against 17.71 million295 words
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508 1980-06-20 1 THE UNITED States's gross national product (GNP) plunged by an annual rate of 8.5 per cent in the second quarter of this year, one of the largest drops on record. The preliminary estimates by the Department of Commerce confirmed the projections of numerous economists508 words
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Article289 1980-06-20 1 A MAJOR Japanese pharmaceutical manufacturer, Sankyo, is helping the Singapore Government to establish a pharmaceutical plant that is expected to cost $30 million. The pharmaceutical plant, to be run by the Ministry of Health, should come on stream by end--1961 or early 1962. Its output will be supplied289 words
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248 1980-06-20 1 THE fflagaparr kraaek ef Chartered Buk la kcttevt>d te have keea i«MM NltfaktatSPMUkyt laeal trading eampaay. The Ctaaereltl CHmea Dtvtatea af the CID h tanatlgatlag a ease el fraad lavatvtag a •ale a( gee* katweea a ay aai a MalayTlaa kayer. The eaae248 words
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448 1980-06-20 1 RUTH CHENG - By RUTH CHENG THE proposed Automated Clearing House (ACH) is likely to go beyond just clearing cheques to incorporate a "paperless" system known as electronic funds transfer (EFT). This is the recommendation based on a series of studies, including an inbouse study by the448 words
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Page 1 Advertisements
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Advertisement5 1980-06-20 1 TheMMOUAEP3K> PPC does it al.5 words
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Advertisement145 1980-06-20 1 Leader in Freight Forwarding Worldwide The Meadows Group. An international network of companies, closely connected to provide you with the most modem, swift and efficient capabiMty in land, sea and air transport. We based our expertise on the sure combination of.EXPERIENCE: With 40 years of accumulated understanding and knowledge. Well145 words
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Advertisement58 1980-06-20 1 Leader...page C mm SHIPPING TIMES BTOBB Me mtariea leaves TRONOH shines m ft tag-term fer Brttftii 2 hiy 11 MORE fereigft cempules seek- BRITONS fciytig mere KL lag UK Hsttags I stores. lz NEW tfti pnpNftto fer the MATHESONS scqiires UK AIRCRAFT I, TV AND RADIO t, CROSSWORD I WHERE58 words
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Advertisement238 1980-06-20 1 (`&`--<!<|<<$:>)}*`/"!]?`[{/{{^ °»wooas ABQ Ist Quarter 1980 Malaysia's investment incentives: need for change Malaysia has been quite successful in attract ing foreign investments to help power the country's industrialisation programme But foreign investments remain mainly capital intensive despite incentives to encourage labour intensive industries Also, locational incentives to encourage foreign investors238 words
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TRADE AND INDUSTRY
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351 1980-06-20 2 JOHN LIM - By JOHN LIM THE local exhibition and convention industry is seeing an increase in science and technology shows and meetings. This increase is seen as the initial results of recent emphasis on research and development in science and technology in Singapore. This year, some 55351 words
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318 1980-06-20 2 SABAH will start producing natural and associated gas from its offshore oil fields in Semarang and Erb West, off the west coast, by 1983, Deputy Chief Minister Datuk James Ongkili said in Kota Kinabalu. A memorandum of understanding was signed between the318 words
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159 1980-06-20 2 A 12-member trade mission comprising importers and distributors of hand tools and engineers' cutting tools leaves for Britain today. It will be joined by another mission from Malaysia and a representative from Brunei. The mission is in response to an invitation from the Federation159 words
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Article84 1980-06-20 2 AIR NAURU, the national carrier of the Republic of Nauru, will start its weekly service to Singapore on July 10 with a 8777. It will fly from Nauru to Singapore via Guam and Taipeh. Singapore Airlines has been appointed its general sales agent and Singapore84 words
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Article, Illustration219 1980-06-20 2 THE EAST German national carrier, Interflug, plans to capture the growing business traffic between East Germany and Singapore now that it has been given rights to fly here. Traffic rights allowing the national carriers of both countries to operate scheduled services between Berlin219 words
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280 1980-06-20 2 ADVERTISING agency Ogilvy and Mather will be exploiting advertising techniques not widely used in Singapore when its 'direct response' company begins service next week. Basically 'direct response' is a service which brings an advertiser, into direct contact with the public through direct mailing,280 words
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212 1980-06-20 2 SEMBAWANG Engineering will take part in the Asean Trade Fair in Melbourne in August with the object of expanding its services in the region. Mr Wong Yock Huee, administration and marketing manager, will attend the (air to establish new contacts. Formed in212 words
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Article53 1980-06-20 2 THE MINISTER of State (Defence), Mr Bernard Chen, will attend the Lion's Club of Singapore dinner at the Hilton Hotel tomorrow. The Parliamentary Secretary (Culture) and MP for Leng Kee, Dr Ow Chin Hock, will speak at the fire rescue demonstration, talk cum fOm show at Stirling53 words
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Article, Illustration250 1980-06-20 2 AT first sight the diesel engine shown stove appears similar to those powering thousands of trucks and buses throughout the world. The only difference is that the engine runs on water and diesel, a mixture that provides an nnmmi saving of 7 per cent on oil250 words
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Article467 1980-06-20 2 THE Malaysian housing industry has so far shown scant interest in commercialising research findings on the use of wastes as alternative and cheaper housing materials, the Minister for Housing and Local Government, Da t uk Dr Neo Yee Pan, said. Datuk Neo pointed out that the467 words
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Article421 1980-06-20 2 SEMINARS AND COURSES June 23: Sales Awareness for Service Engineers, Hilton Hotel, Consulasia June 24: Maintenance, Inspection k Applications of Wire Ropes, Hotel Equatorial, Sisir June 24-25: Computer Appreciation, Shangri-La Hotel, Price Waterhouse June 23-25: Effective Speaking for Executive Secretaries, Sim Conference Room, SIM June 25-26: Sales Training421 words
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Page 2 Advertisements
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Advertisement76 1980-06-20 2 When you fly to Europe, you can have the best seats in the house. a. A Effective April Ist, Lufthansa improves its services from Singapore to Europe. Since all flights are now originating in Singapore or Jakarta, you'll be able to choose any seat you like. Lufthansa departs every Monday,76 words
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REGIONAL
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269 1980-06-20 3 AFP A 15-MEMBER Philippine delegation held a two-day joint meeting of the Philippine-Korean economic cooperation councils in Seoul with about 60 South Korean industrialists and businessmen seeking to promote bilateral trade and joint ventures. A joint communique issued yesterday said the two sides agreed thatAFP - 269 words
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214 1980-06-20 3 Reuter THE military is not interfering with the management of the South Korean economy, said Deputy Prime Minister and Minister of Economic Planning Kim Woun-Gie. Addressing the foreign business community, the minister said "all regular economic policy decisions are made by the Economic Minister'sReuter - 214 words
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226 1980-06-20 3 INDIAN Prime Minister Indira Gandhi's Congress (I) government in its first full budget since returning to power last' January has laid emphasis on rural economic development and avoided heavy taxation. The budget, tabled in Parliament yesterday, imposed taxes worth only 2.82 billion rupees compared with226 words
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178 1980-06-20 3 AP PRIME Minister General Prem Tinsulanonda has appealed to Thais to have faith in his government. His appearance on television on Wednesday night came in the midst of growing dissidence among several right-wing groups which have demanded the removal of his economicAP - 178 words
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Article118 1980-06-20 3 Reuter THE General Agreement on Tariffs and Trade (Gatt) asked Norway to stop discriminating against textile imports from Hongkong, and urged both countries to try harder to resolve a 2Vi-year-old wrangle over the issue. The Gatt Council of Permanent Representatives also instructed Gatt director-generalReuter - 118 words
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Article78 1980-06-20 3 Reuter INDONESIAN crude oil exports may fall to 400 million barrels this year from 411 million barrels last year, Mines and Energy Minister Subroto said yesterday. Total production this year will drop to an average of 1.5 million barrels a day from 1.58 barrels aReuter - 78 words
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THE REGION IN BRIEF
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Article544 1980-06-20 3 Agencies STRICTER Australian immigration controls were announced yesterday by Federal Immigration and Ethnic Affairs Minister lan Macphee. People now living in Australia without permanent resident status are believed to number up to 60,000, and have been given until Dec 31 to register. Mr Macphee said that after theAgencies - 544 words
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Article, Illustration47 1980-06-20 3 AP A THAI soldier stands guard as Kampochean refugees disembark from the bos that brought them from Sa Kaew camp on Wednesday. Tight security and protection by Thai soldiers were given to the refugees who were repatriated within 3H metres of the ThaiKampuchean border. AP.AP - 47 words
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416 1980-06-20 3 Tara Singh Business Day THE new Corporation Code of the Philippines that has been approved by the National Assembly and forwarded to the President's office has become law by a technicality. The secretariat of the' National Assembly said the bill providing for the newTara Singh; Business Day - 416 words
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Page 3 Advertisements
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Advertisement68 1980-06-20 3 Omega Constellation. Left: 5T398.0852, stainless steel. Right: DD398.0852, stainless steel and 14ct. gold, officially certified quartz chronometer. V 1 £5■il II 11 ii i *1 T A perfect blend of mod s 3 Q OMEGA Sole Agents and Service Centres: SUvaroyal Fte Ltd. 626-630 Colombo Court Singapore 0617 Tel: *****2/568 words
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RAW MATERIALS
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Article376 1980-06-20 4 Reuter THE United Nations Conference for Trade and Development (Unctad) talks aimed at completing agreement on the international common fund to help finance commodity buffer stocks has been extended for three days, but delegates said producer and consumer groups have still not overcome remaining differences. NetherlandsReuter - 376 words
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186 1980-06-20 4 THE US Agriculture Department (USDA) has estimated that world oilseed production would range between 162 and 178 million tonnes in 1900-81, compared with 177.5 million tonnes in the previous year. USDA said the actual oilseed production result for 1980-81 will depend on future plantings and186 words
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Article309 1980-06-20 4 R.A.S prices In cents per kilo yesterday: Noon Close (per kilo) (per Ulo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 283 00 Int. 1 R.S.S. July 284.50 284.00N 285.50 286.00 287JO 287.00N 288.50 Int. 1 R.S.S. August 28(50 287.50 289.50 290.50 Int. 2 R.S.S. 276 50309 words
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Article114 1980-06-20 4 NOON SSR and SMR price* yMtefdiy RA8 SSR 20 SSR SO (1-UX (1UX pallet) i pallet) Jmly (Cirrral Mth) Buyer* Sailer* 266 SO 267-SON 262.50 264.50N A Ufa at (Forward Mth) Bayer* Be lie re 286.50 268.50N 283.50 266.SON MBELB J«ly Aurnat SMRCV SMR L SMRS SMR114 words
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Article218 1980-06-20 4 THE Chicago Board of Trade soybean futures finished US2 to 3V* cents a bushel higher in moderately active trade on Wednesday. Prices ended near the middle of a five cent range. Local and professional pressure took values off the day's highs in featureless trade. Technical demand on failure to218 words
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Article84 1980-06-20 4 THE straits tin price ia Peaaag yesterday recovered Ms 4 per pica! to $2,1», still |7 below the lateraatisasl Tin Agreemeat eeiling, dealers said. The small recovery was eaeoaraged by higher Loodea aad New Yerh advices oa Wedaeaday Bight aad also repreoeated a techaical reactfoa to the recent84 words
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Article40 1980-06-20 4 Rubber: June 19 Singapore: July: 287.50 cents (down 1.50 cents) Malaysia: July: 290.50 cents (down 0.50 cent) Tin: M 52,138 (up $4) (equivalent to $35.35 per kilo) (up 7 cents) Official offering: 131 Vi tonnes (up 25Vi tonnes)40 words
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Article104 1980-06-20 4 THE Chicago Board of Trade wheat futures finished with US3 3 to 2Vi cents a bushel gains in improved trade on Wednesday. Prices ended on the top of a 4 V« cent range. Reports of increased Canadian concern over dry crop conditions sparked local shortcovering. Persisting delays in winter104 words
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Article193 1980-06-20 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattea yam: China Blue Phoenix 20s 2.200 32s 2.580. 40b 2,840 (per bale of 400 lbs). Piece piii: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article176 1980-06-20 4 CHINEBE Pradsce Exchange, Singapore, noou dosing prices per 1M kg yesterday: Csesast ell: Bulk fob 132.00 sellers, old drum (in second hand drum) fob $142.00 sellers, new drum fob $148.00 sellers. Cspra: Mixed (loose) $76.00 buyers. Pepper: Muntok white pepper fob Asta NLW $460.00 sellers, Sarawak white pepper176 words
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Article336 1980-06-20 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 0.90, 100 per cent second class 0.88, 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.336 words
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Article840 1980-06-20 4 COFFEE: Robusta futures closed yesterday morning mixed at £5 up in near July to £23 per tonne down from Wednesday in January. Turnover was 1759 lots including three options and around 250 lots of crossed trades. Dealers said the market continued to receive support from earlier commission and840 words
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Article71 1980-06-20 4 CJ.F. North European ports. In US dollars per ton unless otherwise stated: LONDON: Wed Previona Malaysian 5% ffa bulk per tonne August 565.00»lr 565.00alr Sumatra 5% (fa bulk June unch 550.00alr July 552.50»lr 557.50alr August 555.00pd 560.00alr September 560.00pd 570.00slr October 567.50slr 562.50pd October/November unq unq Nigeria 5%71 words
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ASIAN STOCK
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Article600 1980-06-20 4 TOKYO Source: DBS-Daiwa QUALITY and incentivebacked stocks were the highlights in the market yesterday. Non-resident investors, who had been recently inactive due to the clouded political scene revived purchasing, especially on the home-appliances and the precisions. Meanwhile, resourcerelated issues slipped down over a wide front. Since theSource: DBS-Daiwa - 600 words
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Article357 1980-06-20 4 EXCEPT for Tai Cheung which fell after their results last night, the market was led up at the opening by Hongkong Wharf, still rife with merger rumours with Hongkong Land or be taken over by other means. Buying interest was on "heavy" index shares such as Hongkong Bank and357 words
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Article402 1980-06-20 4 A FIRMER energy sector and demand (or speculative stocks featured in mixed trading yesterday, dealers said. Coal stocks proved one the few bright spots among leading miners while gas and oil stocks continued to recover from last week's sell-off. The energy-based market also saw a return to favour of402 words
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Article264 1980-06-20 4 STOCK prices continued to decline yesterday and turnover remained low in weak trading, dealers said. First Trust eased three baht to 75, Mah Boon Krong Drying and Silo three to 195, Jalaprathan Cement one to 116. Bangkok Bank and United Flour Mill closed unchanged at 188 and 192 baht264 words
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Article140 1980-06-20 4 STOCKS closed generally easier yesterday with turnover falling slightly to 3.0 million pesos from Tuesday's 3.3 million, traders said. Atlas Con B, Lepanto B, Philex B, Basic Petroleum and Phil Overseas fell, while only PLDT firmed and the rest were unchanged or untraded. JUNE 19 Pesos Acoje Mining 0066140 words
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Article107 1980-06-20 4 CONZINE Riotinto Zinc of Australia Ltd (Cra), has denied press reports that it is seeking Japanese involvement in a Assoo million project to open up new iron ore development in Western Australia. Deputy chairman of Cra, Russel Madigan said his company has no specific proposal to make107 words
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Article51 1980-06-20 4 FINANCIAL TIMES INDUSTRIALS Wednesday 473.1 Tuesday 468.0 Week Ago 446.9 DOW JONES AVERAGE INDUSTRIALS Wednesday 881.91 Tuesday 879.27 Week Ago 872.70 HJLHANG SENG Thursday 987.94 Wednesday 983J4 Week Ago «71 JO SYDNEY INDUSTRIALS Thursday 888.84 Wednesday 884.41 Week Ago 833.91 ALL ORDINARIE8 Thursday 871.68 Wednesday, 889.61 W«yk Ago51 words
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Page 4 Advertisements
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Advertisement266 1980-06-20 4 Tfos trimnphant new bestseller from the author of The Far I^vilioris HRK v 1K A \U I 4 This magnificent novel tells the story of the Indian Mutiny, one of the most dramatic events in the history of India and the British Empire. It is also the story of Alex266 words
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OVERSEAS
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508 1980-06-20 5 Reuter IRAN, whose oil exports have dropped sharply, has begun negotiating with customers on sales for the third quarter of 1980, industry sources said. Oil Minister Ali Akbar Moinfar said exports will rise slightly in July as a result of new commitments.Reuter - 508 words
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276 1980-06-20 5 Reuter BRITAIN (mm wine Inflation ui deeper receaaloa tfcaa mast ether eeutries ever the aext few years, the Bank of Eaglaad said. One Important reasoa wu that wage rates have heea rising maeh mere rapidly la Brttala than la ether Industrial countries, theReuter - 276 words
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Article864 1980-06-20 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL TMA TL341 0715 BEY/DXB BOM SIA SQ528 0750 DHA SIA SQ101 0815 KUL MAS MH621 0635 PEN RBA BI427 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ211 1000 HLP MAS MH605 1000 KUL CPA CX710 1005864 words
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573 1980-06-20 5 Reuter THE INTERNATIONAL Institute for Strategic Studies yesterday issued a gloomy review of world security, warning of growing threats to peace with unbridled military competition between nations. The authoritative London-based research body, in its survey of 1979, cited as dangers to internationalReuter - 573 words
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452 1980-06-20 5 PRESIDENT Carter left the US yesterday on a five-nation European trip that American officials hope will ease some of the recent strains in the Western alliance. The main event of Mr Carter's week-long tour is an economic summit meeting in Venice on452 words
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134 1980-06-20 5 CHANCELLOR Helmut Schmidt of West Germany, reportedly angered by a letter from US President Carter about his forthcoming visit to Moscow, has proposed a private meeting with the President during the forthcoming economic summit in Venice to clear the air between them. The sources said134 words
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189 1980-06-20 5 Reuter QUESTIONS of energy and economic integration dominated the annual meeting of the communist trading organisation, Comecon, which ended yesterday. Prime ministers from the 10-member states discussed long-term development programmes, the coordination of national development plans and the eventual integration of their economies.Reuter - 189 words
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WORLD IN BRIEF
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Article441 1980-06-20 5 FORMER Iranian Premier Shapour Bakhtiar and two former Iranian generals have reached agreement with Iraq to set up military bases in Iraq. The agreement followed a meeting in Banghdad between Mr Bakhtiar and the generals and Iraqi President Saddam Hussein, according to {ranian exiles in Paris. THE American441 words
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Page 5 Advertisements
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Advertisement297 1980-06-20 5 INVESTMENT PROPERTY IN THE U.S.A. A Limited number of excellent properties in o prime location in HAWAII are now available for sale. A presentation will be held on the 18th, 19th 20th June '80, at the Indonesian Room of Hilton Hotel, FROM 10 a.m. 5 p.m. For further details please297 words
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Article362 1980-06-20 6 THE AMERICAN Department of Commerce's preliminary estimates of a severe 8.5 per cent plunge in the nation's gross national product in the second quarter is not as foreboding as it may seem. Even if this figure is later confirmed, leaving no doubt that the US362 words
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Article257 1980-06-20 6 THE GOVERNMENT'S proposed $30 million pharmaceutical factory is something close to Singaporean hearts in more ways than one. A developed pharmaceutical industry is, of course, one of the aims of the new industrial society the Republic is intent on building. It is a high technology, capital257 words
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Article, Illustration885 1980-06-20 6 SALMA KHALIK - Those who felt the Bali Summit was to be the turning point in the viability of the association were over optimistic. At the Asean Ministerial Meeting next week, Asean will be given a chance to show if its solidarity is merely a flash in the885 words
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Article1217 1980-06-20 6 IAN RODGER - More and more foreign companies are seeking UK listings, reports lAN RODGER IAN RODGER FT FOR THE FIRST time in seven years, big foreign companies are queuing up to apply for London Stock Exchange listings. So far this year, 11 foreign names, most of them American, have beenFT - 1,217 words
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Page 6 Advertisements
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Advertisement61 1980-06-20 6 V J »< 'i m n n t Drexel VAN TREIGHT Traditions of the finest excellence in sophisticated furnishings from America and Europe. An investment in refinement but at i i'HVW'''* such reasonable prices. Exclusively at QMercier'stmcfurmhmp G6 Novena Ville. 275 Thomson Road. Singapore 1130 Tel: *****60 Business Hours: Mondays61 words
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Page 6 Miscellaneous
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Miscellaneous1416 1980-06-20 6 &RWD:roil The marine industry IF YOU'BE Mdag far eatertaiaeat twlgkt, target tbe TV. The *aly prtgrimme which may be wertfc watchlag taalght ia the SBC decameatary, Banylag Up The Mariae ladastry. This pramlaea te he highly iafannative hat whether er aat It eatertaiaa will depead on haw pad a Jah1,416 words
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Article, Illustration1521 1980-06-20 7 FONG MEW LENG - Last year's NWC guidelines added a hefty average of 20 per cent to employers' wage bills. This year, reports FONG MEW LENG, the award is unlikely to make them much happier. FONG MEW LENG WITHIN the next 24 hours the National Wages Council will probably1,521 words
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Article1236 1980-06-20 7 B J WU - FORUM with B J WU I WAS recently somewhat disturbed by a talk I attended given by Madam Yu Lihua. an American Chinaborn authoress of 14 books in Chinese, at the RELC Auditorium. Madam Yu, who received wide coverage in the local press, spoke1,236 words
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Page 7 Advertisements
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Advertisement49 1980-06-20 7 I F I I I T tk mm •19 b ead i trip the window passenger can get past the aisle passenger without a lot of bumping and bending. ■id t W' I 4 I TTA 80/23 EIR/PA-SM We fly the world the way the world wants to fly49 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article284 1980-06-20 8 JUNE 18 Frs CORBEILLE Alr-Liquide 536 -17 B S N Gervals Danone 979 -16 CSF t Thomson Cat) 483 -9 Cle Francaise dfs Petroles 248 -2-8 Compagnie Flnanciere Compagnie Generale 385 -4 Credit Foncier De France 435.50 -2.5 Hachetle (Libralrle) 241.50 -0.5 Machines Bull 60.50 -02 Michelin (B) 780284 words
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Article92 1980-06-20 8 JUNK IS Frs FORWARD MARKET Acec Arbed Astur Brascan Bru-Lamb Canpar Cock De Beers Ebes Electrobel Gb-Inno-Bm Gev Hobok PMTO Ryl Dutch Sidro Soc On Belft Sofina Solvay A Tanks U Min V Mont 306 1885 465 666 1420 1040 250 274 1885 6000 2280 1298 2640 5220 245592 words
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Article215 1980-06-20 8 JUNE 18 Dm Aeg-Telpfunken 75.S0 1.5 A It 20 22 00B All! Lrt*n ***** -10 All* Vera BASK Bay H T Whan It 147 40 242 00 290 OOB -1 -06 2.8 Bayer BBC 127 JO 304 00 -13 unch :»yi«in t assel la CttMH V«l Commeribank 323 00215 words
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Article222 1980-06-20 8 JlfNE 10 Fls ABN 296 00 3 Ahold 65 50 -1 Akzo 24 30 -0 1 AMEV 87 00 0.4 AtRfa* 103 00 -0.2 Amro Bank 65 60 01 Bergojis 41 50 -0.3 Berk. 93.00 -1 Bols 59 50 0 3 Bofsujnlj ***** unch Burhmann 66 00 unch Byenkorf222 words
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Article184 1980-06-20 8 JUNE 18 Francs Actions Suisses 278 •1 Alusuisse Br 1170 unch Alusuiar Keg 448 unch Brown Boveri Br 1625 *i Ciba Geigy Br 1050 unch Ciba Geigy PC 830 -10 Ciba Geigy Rrf Ml unch Credit Suisse Br 2195 -5 Credit Suisse Reg 385 unch Elektrowatt Br 2360 -5184 words
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Article110 1980-06-20 8 JL'NF 18 1 .ire Ante 650 03 Assoc Gfn 61*10 4 Bastom 618 4 17 Central* ***** 4710 Fiat i ni 4 96 Finsider 67 4 2 Gen Immob 66 44 IFI Pit M20 4 140 Italcementi 248T-1 4 135 I taigas 780 48 lUisidfr 322 unrh Magnet i110 words
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Article200 1980-06-20 8 JUNE 18 Ct Abitibl It*. unrh A Iran 32 Alfoma 31'• Bank Mont Ti'.■ Bank Nova Scotia 30'. •S Bell Tel 20 Betn Corp BP fan LUI 44". Brasran 27*--S Camp Red Lake 49 i Can Imp Bk r C'anpar 41 S unrh I'anpar In* PI Carltn« O'Kfflt i200 words
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Article321 1980-06-20 8 JUNE 18 Rand INDUSTRIALS A Alpha 325 Abcrcom 290 unrh AE And CI 780 5 AM1C 2325 unrh Barlows 975 -5 Cg Sucar 1065 45 C'NA 445B unch Curri* Finance 2008 IV Bfet* Ind 2MB Kdoon 530 unch Ed cars 60OOB 50 Ever»«dy f ed Volk 450 4 10321 words
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Page 8 Advertisements
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Advertisement734 1980-06-20 8 See Page 4 for Tokyo stocks and Page 9 for NYSE prices Where to wine, dine and entertain Come, 'sample an experience! DOLPHIN CAFETERIA World Trade Centrjp you musn't miss it! Delectable local dishes and Western lunches set in daintily stylish Scandinavian decor Popular SELF-SERVICE lunch daily From 10.30 am734 words
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Advertisement163 1980-06-20 8 The American Express Card serves you well wherever great food is served tc The Emperor Deluxecreated for an emperor 500 years ago. loday, the special (fish of the Oriental? Ten ingredients and a secret recipe go into its making. Ask about it and our menu of special dishes. You'll also163 words
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BANKING AND FINANCE
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407 1980-06-20 9 THE ASIAN Development Bank (ADB) has approved technical assistance grants to Indonesia, Thailand, Sri Lanka and Pakistan. The bank's technical assistance to Aceh and North Sumatra will involve the preparation of a project to increase the production and productivity of livestock, increase the supply of407 words
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385 1980-06-20 9 THE LIGHTNING-like descent in interest rates since the early part of the year has prompted corporations to slash their burgeoning burden of short-term debt and issue longer-term obligations. As rates fall, corporate borrowers have begun to schedule bond offerings of more than US$4 billion a385 words
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Article139 1980-06-20 9 UPI THE SOUTH Korean government has eased restrictions on foreign loans and investments in a bid to improve its deteriorating foreign exchange payments situations caused by sluggish economy and exports. Seoul officials said the introduction of foreign loans of less than US$lO million isUPI - 139 words
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Article51 1980-06-20 9 Reuter SAMUEL Montagu of London Is opening a whollyowned subsidiary in Hongkong to deal in bullion and precious metals. The managing director of the new company, Mr Robert Sitt, said Samuel Montagu (HK), with a paid-up capital of HKJIO million, will officially open early next month.Reuter - 51 words
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Article59 1980-06-20 9 THE BANK of Tokyo has announced that it is reducing its prime lending rate from 12 per cent to 11 V« per cent with effect from today. The bank last reduced its rate from 12'/« per cent to 12 per cent last Monday. With the latest move, the59 words
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Article1344 1980-06-20 9 NEW YORK A LATE rally by oil shares on Wednesday pared earlier weakness as New York stock prices ended higher in heavy trading. Analysts said a report that Venezuela raised residual fuel prices contributed to the strength in oils. They said the move raised speculation1,344 words
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601 1980-06-20 9 Business Day THE PHILIPPINE Ministry of Finance has presented to the Batasang Pambansa finance committee 10 draft Cabinet bills to provide tax incentives for universal banking and to raise additional revenue for the Manila government's 1981 expenditure programme. The government expects to earn anBusiness Day - 601 words
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MQNEY AND EXCHANGE$
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Article227 1980-06-20 9 THE U.S. dollar opened sharply firmer against other major currencies yesterday compared with its close on Wednesday on the back of firmer Eurodollar deposit rates, dealers said. The unit had tended firmer in New York and Hongkong, but made marked gains when Europe began trading yesterday as Eurodollar deposit227 words
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Article125 1980-06-20 9 THE U.S. dollar for overnight delivery closed firmer at 216.40 yen, compared with a 216.10 opening and 215.85 at Wednesday's close, dealers said. Trading was light with volume US$637 million. The dollar fluctuated narrowly around 216.40 yen in quiet late trading after early firmness reflecting its overnight strength against125 words
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Article53 1980-06-20 9 Australian and New Zealand exchanges opening quotes yesterday: US$ 1.1587/1.1539 Stg 0.4963/0.4926 90 day air mail buying Stg 0.5232, US* 1.2026 90 day fwd buying rates. Stg 0.5020, US* 1.1446 NZ exchanges: Reserve bank midrate U550.9896 Trading bank indications U550.9946, 0.9846 Stg 0.4258, 0.4228 90 airmail buying rates US$53 words
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Article493 1980-06-20 9 THE U.S. dollar performed generally better in the foreign exchange market yesterday compared to the previous day. Dealers said this was due to higher interest rates in the United States, which strengthened the US dollar. When Europe opened, US interest rates went up by >4 per cent. Against493 words
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Article283 1980-06-20 9 IN Singapore, gold futures closed lower yesterday compared with overnight levels in dull trading due to lack of fresh factors, dealers said. Opening prices were marked down between US$4.5O to US$6.6O an ounce following the metal's overnight weakness in New York but recovered marginally in subsequent trading, they said.283 words
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Article22 1980-06-20 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.7 per cent.22 words
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Article183 1980-06-20 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on June 19: Closing Asian dollar certificates of deposit for prime names: 7 days 1 month 2 months 3 months 6 months 9 months 12 months US DoUara(Spot) Offer Bid 9>* 9 9'« 9'» 9 5/16 9 3/16 9 7/16183 words
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Article46 1980-06-20 9 RANGE of prices offered by discount bouses on June 19: Overnight: CVi S15/1 Call deposits CV< 6 7 »<* Closiai Baying Selling 3-month Treasury bills 8V« 3 month Bank bills 10 10'* 3 months CD OH 9' 6 months CD 95/16 93/16 Source: National Discount Co46 words
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Article178 1980-06-20 9 THE U.S. dollar firmed slightly against the mark in moderately active late trading, dealers said. It stood at a late 1.7659/64 marks against an early 1.7630/45 and 1.7625/35 at the New York close, dealers attributing the rise to technical (actors and some commercial buying from Europe. The dollar also178 words
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311 1980-06-20 9 Reuter THE Swiss Bankers Association will recommend to its members not to raise interest rates on existing residential and agricultural mortgage loans before Jan 1, 1981, and not to raise interest rates on savings deposits before Nov 1, 1900, a joint communiqueReuter - 311 words
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Page 9 Advertisements
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Advertisement61 1980-06-20 9 J® Penthouse Restaurant Holland Road.Shopping Centre. Opposite Chip Bee Garden Tt«: *****06 steamboat $12/Happy Hours: 3XX) pm to 6.00 pm Drinks (20% discount) and Snacks CANTONESE •Prompt Luncheons •Catering: Functions •Gourmet Dinners •Buffet Parties Daily: 11.30 am to 2.30 pm 6.30 pm to 11.00 pn Ambassador Restaurant Ambassador Hotel. Opp.61 words
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Advertisement536 1980-06-20 9 REVOLUTIONS THAT WILL MORE RIG GAINS ZINC AS FUEL AND INTELLIGENT TOOLS JUST A BEGINNING Now still more signs of impending growth revolutions are being passed along by the people who have found literally dozens of concepts capable of multiplying share prices in opposition to the analytical negativism and blue-ch#536 words
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1858 1980-06-20 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 I.OCJ) units, unless otherwise specified. SECTION ONE I INDUSTRIAL A COMMERCIAL fr1,858 words
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Article151 1980-06-20 10 SINGAPORE UNIT HIST (Mis»|in' prises far Jo The Commerce 2.61 2.74xd The Savings Fund L71 1.80 S'pore Prog Fund 1J7 1.33 S pore Sec. Fund 112 123 S'pore Invest Fund l.M 1.72xd S'pore Equity Fund 1Jl 1.27 OUV-MONTAGL (Msssgm* petoss hrta«) Union Spore Fund L04 1.09 INCOME BOND151 words
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Article2853 1980-06-20 10 Gr'g Gr's Net 1980 Last Div Div Yld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 370 245 Acma 320xd -6 15.0 2.8 4.6 12.6 3 326 320 223 220 Alcom 223 12.0 2.5 55 12.6 149 1162,853 words
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Article1863 1980-06-20 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. INDUmUALS AJaeaMte (3.225) AIM (2.178 2.206) (1) 117 Ala Mi (1MB) A1,863 words
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Article, Illustration712 1980-06-20 10 AFTEB Wedaetdty'i rapid recovery, the Slngaporf stock market raa bdwag late raktuee yesterday u sellers returned, naditag skare prices mederately lower. UaaUe to MM fartker on tke previous day's skarp galas, kayers seemed to kave wttkdrawa tram tke seeae, sfleriag little sapport dariag tke day's trad-Preflt-taUag esapled712 words
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Article589 1980-06-20 10 THE KUALA Lumpur stock market yesterday eased back slightly after a strong two-day rally which took the New Straits Times industrial ordinary share index to a new high of 641.90 points on Wednesday. Trading was fairly active, with interest still centred on the blue chips and589 words
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COMPANY NEWS
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712 1980-06-20 11 MULTI-PURPOSE Holding's (MPHB) long-awaited Kepong project, which involves the purchase of a 585-hectare estate for housing development, may come onstream soon. Chairman Tan Sri Dato Lee Loy Seng says in his latest review that the board is considering buying over the land712 words
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278 1980-06-20 11 TALAM Mines is currently examining the possibility of developing a housing joint venture on part of the company's mined out land. Revealing this in his latest annual review, Talam Mines chairman Mr W J Huntsman also says that steps have been taken to reorganise the278 words
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Article112 1980-06-20 11 ENTRACO Ltd has incorporated a wholly-owned subsidiary called Singapore Resources Pte Ltd on June 5, 1980. The authorised and initial paid-up capital of the company are $2 million and $2.00, respectively. Its main business is general trading. C K Tang has appointed Mr Tang Wee Sung a director112 words
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Article238 1980-06-20 11 IN SHARP cm treat to the plight suffered by Kruntt Tin and Kampong Lanjut, Koala Kampar Tin Fields achieved a sharp preflt recovery far the year ended March SI, 118«. At $3.15 million, the company's pre-tax preflt (which was much bettor than expected) saared by 148238 words
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Article716 1980-06-20 11 Current Ex Payment Date Books Cloae Date Total for Total for Payable the year Previoua year Milei Sealion Tan Chong FE Levingaton STP 197B Times Pub Premium Hldga Apollo Ambaaaador Spore Fodder Bouateadco Incbcape Loan Eu Yan Sang Guinneaa Roxy Elect Ial A Pen Utd Plant Chin Teck716 words
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Article150 1980-06-20 11 Company Particulars Ex Date Books Close Magnum Corp Matsushita Sim Lim Bolton SP Textile Sanyo lad St Trading Spore Glaaa Grand Central Bonus issue of 1 for 2 Bonus Issue of 1 for 4 Rights Issue of 2 for 3 (ajl.00 per share Bonus issue of 1 for150 words
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Article459 1980-06-20 11 TOH SU FEN - By TOH SU FEN HYTEX, manufacturer of polypropylene and polyethylene woven bags and fabrics, has seen a recovery from the red during the first half of the current financial year and the company expects this trend to continue in the latter half. For the interim period459 words
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Article558 1980-06-20 11 Market Talk... TRONOH Mines remains one of the most attractive long-term investments in the tin sector, according to British stockbrokers Laurence, Prust and Company. The stockbroking firm says that Tronoh seems destined to become almost wholly a mining investent trust, deriving less than 10558 words
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Article265 1980-06-20 11 AS EXPECTED, Kramat Tin Dredging, a member of the Malaysia Mining Corporation, has reported a loss of $1.11 million for the year ended March 31, 1960 following a sharp 56 per cent drop in tin output to 2,139 piculs. The loss was already foreshadowed at the265 words
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Article214 1980-06-20 11 DESPITE better rubber and oil palm prices, Gadek Malaysia suffered a 17 per cent fall in earnings last year following a lower rubber crop. Group pre-tax profit after higher interest charges of 5282,632 ($216,804 previously) and extraordinary items of $47,340, dropped from $372,954 to $306,121.214 words
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LATEST RESULTS
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Article128 1980-06-20 11 Unaudited group pre-tax profit of M 523.03 million ($18.14 million) for the six months ended Sep 30, on turnover of $162.06 million ($144.29 million). The parent company made a pre-tax profit of $1.90 million ($1.59 million) on turnover of $6.20 million ($5.70 million). The company is paying128 words
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Article549 1980-06-20 11 aacma by HOCK LOCK SIEW THE FORTHCOMING announcement of the National Wages Council guidelines seems to be hanging over the equity market like a rather wet rag. Investors who recall what happened last year would probably be excused if they are feeling slight shivers now. The auestion thatby HOCK LOCK SIEW - 549 words
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Article117 1980-06-20 11 Date LMt Full Year Company PerM Announced Net EPS Gran Pre-tax last year (cents) Dtv. Preflt K G Hold <%) OHI) F 21/5 25.8 15.0 2,922 J C Ent F 14/6 8.1 8.0 3,021 K L Kepong I 15/6 23.1 25.0 60,410 B Semb F 16/6 33.1 20.0117 words
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Page 11 Advertisements
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Advertisement308 1980-06-20 11 Quality Books from ■ookot^ n5» <OP5i w m- 3IIL S' K J* < -J5 young people find of interest, it will be welcomed as an important part of any book collection. 100 BEDTIME STORIES 100 delightful short stories for young children. Ideal for reading aloud at bedtime, the book is308 words
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Article241 1980-06-20 12 THE Singapore government will negotiate an air services agreement with Chile next month to enable Singapore Airlines to fulfil its long-term plans to operate to South America. The air talks are likely to be held from July 14 to 16 in Singapore. If an241 words
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Article188 1980-06-20 12 LAWYER LJM Chor Pee, one-time partner of convicted lawyer Khoo Hin Hlong, has been granted a three-week adjournment of his tax summons case. Lim is charged with authorising the falsification of the accounts of the law firm of Chor Pee and Hin Hiong in June 1978188 words
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117 1980-06-20 12 IRANIAN President Abolhassan Bani-Sadr, fighting efforts by Islamic fundamentalists to strip him of his dwindling powers, urged the revolutionary guards to close ranks behind him after his newspaper reported Muslim hardliners were plotting to oust him as a "tool of America." Teheran Radio said117 words
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Article, Illustration391 1980-06-20 12 KING Hussein of Jordan has assured the United States that he will not permit Palestinian guerillas to use Jordan to mount attacks against Israel. American officials said at the conclusion of the Jordanian leader's two-day official visit they were satisfied with the the security pledge as well as391 words
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Article453 1980-06-20 12 IT IS TOO early to estimate the effect that the demolition of Northam Court in Penang will have on the earnings of the Pacific Development Credit (PDC) group. PDC managing director Datuk Loy Hean Heong said the loss to the group caused by demolition453 words
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Article826 1980-06-20 12 LONDON, Thurs. The market turned easier yesterday though the undertone in equities remained firm, dealers said. At 3pm, the Financial Times index was down 6.5 points at 466.6. Trading in equities was overshadowed by the announcement that Selection Trust has received a bid from BP, dealers said. Selection826 words
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Article66 1980-06-20 12 Reuter HONGKONG Land and Hongkong and Kowloon Wharf and Godown both refused to comment on rumours circulating in the stock markets earlier yesterday that the two companies will merge. The rumours caused stock prices to rise sharply yesterday morning. Hongkong Wharf rose against theReuter - 66 words
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Article502 1980-06-20 12 BRITISH portfolio investments in Malaysia, as distinct from direct investments, have been on the increase in recent months, and this trend is expected to continue. According to Mr Jeremy R. Varcoe, the British commercial counsellor in Kuala Lumpur, this is mainly due to the removal502 words
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310 1980-06-20 12 OIL-PRODUCING countries are buying stocks of leading Japanese companies on the strength of their massive petrodollar holdings, the Japan Economic Journal said. "They now have nearly 100 billion yen worth of Japanese shares in their portfolio according to the latest survey by the Nihon Keizai310 words
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Article94 1980-06-20 12 A SUBSIDIARY of Jardine, Matheson and Co had acquired Glanvill Enthoven in the United Kingdom, the insurance broking subsidiary of the Charterhouse Group. The boards of Mathesons, the wholly-owned United Kingdom subsidiary of Jardines and of Charterhouse, announced yesterday that agreement had been reached in principle94 words
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Page 12 Advertisements
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Advertisement190 1980-06-20 12 Mother Gets Big Reward What kind of man gives his wife a vacuum cleaner for her birthday? asks an advertisement for gold jewellery. Well it looks as if Singaporean husbands have read it and are getting the message. A leading woman's magazine recently interviewed housewives to find out why husbands190 words
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Advertisement160 1980-06-20 12 A unique opportunity to purchase certified investment diamonds from only $800. Mondial, the International Diamond Investment Company, has just acquired a rare parcel of smaller diamonds of remarkably high quality. 1 he stones are all below one carat in size and are certified by the International Gemmological Institute of Belgium160 words
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Page 12 Miscellaneous
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Miscellaneous59 1980-06-20 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 24 hours prior to 7Jt p.m. on June 19 »t the airport. Maximum temperature 32.4 Associated humidity 69 Minimum temperature 26.2 Associated humidity 93 Hours of sunshine 6.20 Rainfall in millimetres Nil Total rainfall for the59 words
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SHIPPING TIMES
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PORTSIDES
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Article97 1980-06-20 13 AFP A NEWLY built Japanese ocean research vessel will leave Tokyo for Hawaii next month for deep sea probes of nickel, cobalt and other metallic resources, the Metallic Minerals Exploration agency said. The 2,111-ton Kakurei Maru No 2, built at a cost of 4,100 million yen financedAFP - 97 words
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Article101 1980-06-20 13 Reuter THE Istanbul Kadikoy District Court in Istanbul on Wednesday ordered a Greek sea captain to pay a fine of US$B5O for criminal negligence in a collision between his ship and a Rumanian supertanker that claimed 41 lives. The court said that Alekos Adamapoulos, captain of theReuter - 101 words
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Article55 1980-06-20 13 A JAPANESE fishing vessel sank and one of its crew members was reported missing following a collision with a Liberian Banana Reefer on Sunday, 420 nautical miles off the northern Philippine tip. Philippine Coast Guard authorities are looking into the cause of the collision between the Japanese Katuei55 words
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580 1980-06-20 13 G DURAIRAJ - By G DURAIRAJ TWO MAJOR Malaysian coastal shipping companies have temporarily suspended their services to Port Klang, citing limitations on berthing hours and lack of facilities for palletising cargoes in north port as the main causes. MISC Coastal Services Sdn Bhd and580 words
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175 1980-06-20 13 AFP SINGAPORE Is still considered a preferable site far deekrepalrs aa ladaaeslaa ships becaase af the faster wark perfarmaaee at the Re pa bile's yards, the ladeaeslaa Parliament was tald. A Singapere dockyard aeeds ealy aa average sf twa ta three weeks ta repairAFP - 175 words
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Article596 1980-06-20 13 SUpftagUae CM SWpptagLtoe PW Cat Adriatic IV 5 ent IV 4 Afea VI 3 Evergreen IV 3 Alfred vn 2 Fesco V 1/2 All trans VI 5 Flotta Lauro V 5 Alpac VI 5 Fortune VI 5 Angkutan VI 4 Franco-Belg m 4/5 ANL i 1 Frata596 words
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Article, Illustration615 1980-06-20 14 SOVIET shipping cannot be blamed for the difficulties now experienced by Western shipowners and allegations of Soviet maritime expansion are "absurd". This was stated by the deputy minister of the USSR Merchant Marine, Mr A V Goldobenko, in the wake of repeated615 words
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Article1038 1980-06-20 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 PCL containers and LCL cargo must be delivered to the Authority's premises during the following1,038 words
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Article1315 1980-06-20 14 NORTH American grain business was slow to develop on Wednesday but a 17,000 tonner was booked for August from US North Pacific to South Japan at a steady U5532.25 (fio) and a 21,000 tonner was taken from California to west coast Mexico for June at $23 (fio). Timecharter1,315 words
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360 1980-06-20 15 Reuter AFP SHARPLY higher levels in tamker worldscale nominal freight rates will become effective on July 1 largely due to increased bunker charges, the International Tanker Nominal Freight Scale Association in London and the Association of Ship Brokers and Agents (Worldscale) Incorporated inReuter; AFP - 360 words
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688 1980-06-20 15 Reuter DRILLING in the Norwegian North Sea needs to be maintained at 20 to 30 wells a year to reach a production level of 70 million to 90 million tons of oil equivalent annually, the target for the late 1980s and *****, Knut Daehlin,Reuter - 688 words
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Article, Illustration242 1980-06-20 15 EVERGREEN Line, Taiwan's aggressive non-con-ference line, is considering ordering two more 1,800TEU containerships, which will raise the number of such vessels in its fleet to eight. The line, which is due to take delivery of its fourth vessel in August/September, is on the242 words
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Article, Illustration473 1980-06-20 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Adelphi Yemelos (after Feichi) 18 Builder n (0700 after Sebarok) 22 Dove (Tanker) (1830 P/O Subject Gas Free) 15 Dong n (0530 hauls after Wah Fai 6 Salvage operations) 25/26 Nedlloyd Nagasaki (after Nedlloyd Fremantle Draft not to exceed 9.4 m) 3/4473 words
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3094 1980-06-20 19 SHIPPING LIST where your ships are due and when [SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port3,094 words
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286 1980-06-20 20 WHETHER the financial and physical study of the port of Liverpool being carried out by the Mersey Dfocks and Harbour Co in conjunction with the National Ports Council is published will be a matter for the Minister of Transport to decide, Sir Arthur286 words
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Article125 1980-06-20 20 Reuter TSUNESABURO Nishimura, president of Japan Shipbuilders Asociation, called for a cut in the official discount rate of the Bank of Japan at an early date. Mr Nishimura said Japanese shpyards would welcome a two per cent cut in the rate to 7 perReuter - 125 words
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958 1980-06-20 20 ORIENT EXCHANGE THE FREIGHT market in South-east Asia is slowing for larger vessels. Coastal ships both tram per and liner are almost fully employed.Chinese charterers are maintaining an active part in the market booking handy-size vessels from the US Gulf. A958 words
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Article134 1980-06-20 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 Lines. Neptune134 words
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184 1980-06-20 20 AFP THE purchase of a nineyear old passenger ship from Japan by the Indonesian state shipping company, Pelni was questioned in Parliament of Jakarta on Tuesday after the ship on its maiden voyage in Indonesia recently had to throw anchor at sea forAFP - 184 words
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184 1980-06-20 20 AFP PHILIPPINE Coast Guard probers blamed the skippers of the two domestic passenger ships that collided on Sunday for neglecting to follow the basic rule of avoiding "at first sighting" a vessel on an obvious collision course. Coast guard investigators indicated that captains CesarAFP - 184 words
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Article1504 1980-06-20 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A B Adriatic CMtaiaer Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)Euro-Asia Line (PK/PN). Alfred C. Taepfer Sea Consortium (S)/Marintex Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg and1,504 words
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Page 13 Advertisements
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Advertisement317 1980-06-20 13 a st class transport Agents: Nedlloyd EAC For further details, please refer to page V |ScanDutchy| lARDIM AN I All Orient Overseas Co*daiMeA Line ioai I Jii 3 m FU.LY CONT AVERISED EXPRESS. TO/FROM NORTH AMERICA WEST COAST I Mi FOOT KESSEI OKXTAi. CHMriM K anTUKKHMTK OMENTA! araTEIK ««E* Swttti317 words
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Advertisement327 1980-06-20 13 SEALORD ANTAH m UASC UNITED ARAB SHIPPING CO (SAG) h GULF EXPRESS MULTI-PURPOSE SERVICES Dubai (4/7). Dammam (7/7), Kuwait (9/7) Doha (12/7). Abu Dhabi (15/7) Dubai (28/7), Dammam (31/7), Kuwait (3/8). Doha (6/8). Abu Dhabi (9/8) FULLY CONTAINERISED SERVICE S'pvt Loading for 27/6 Dubai (8/7), Dammam (10/7). I Kuwait (12/7),327 words
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Advertisement26 1980-06-20 13 I UMIQa CONTAINER Schedules II LONDON Freights U/Ul SHIPS In Port in SHIPPING List VH REGIONAL Weather VIH WHO Acts For Whom VTD ORIENT Exchange VHI26 words
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Advertisement472 1980-06-20 13 Ji NedNoyd Lines Call us We call the world Agents: Nedlloyd £AC Please refer to pagsi MAERSK LINE EXPORT TO U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA AND ASIAN PORTS PortKelang 25-26/6 29-30/6 6-7/7 13-14/7 ,20-21/7 r -■iir /Bt miß', Itm Singapore Closing Tunes *CY 22 June 1500 hrs CFS 21472 words
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Page 14 Advertisements
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Advertisement644 1980-06-20 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELfING PENANG ..v '*r.- v n W, Mm Acceptug For ll Barcelona. Genoa. 2) Amsterdam. Antwerp, L Ha»re. Bilbao Basle. UK. 3) Bremen. Bremenha»en. Aarhus. Copenhagen Helsinki 4) Mai mo. Stockholm. Oslo •Accepting Europe cargo tor feeder via S644 words
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Advertisement307 1980-06-20 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA n.Ma« Ma •25/6 trrax cm mmt u* 123/7 2/8 6/8 S/8 CM tan HTM M 10/8 11/8 St Ma l Ort. IMn NiM 16/8 19/8 24/8 1-3/7 144/8 26/8 1/1 4/1 5/9 7/9 9/9 11/9 12/9 20/9307 words
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Page 15 Advertisements
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Advertisement697 1980-06-20 15 Overseas [I I Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTAiOtSHP MMCt TO UK/COHTMNT: Span film V—* UX 20 Mi 9M 11M 12 M 14M 7 M 23 Jm MM 12 M 13 M ISM KM 21 Mi 29 Mi 11M697 words
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Advertisement419 1980-06-20 15 Franco Belgian Services \F r h'-.n" French Service u ith lit fgtan tar f. :sf«rn Lines' l amnios si* K. MCEMON aM tu ammo 3 w t (ELMS Uhm I'to NM| BTMmn A'ajj a M 11 Mr 12M| I(M| tlj I da* HW| BKmn U Htw< 2 fen 31 Mm419 words
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Page 16 Advertisements
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Advertisement632 1980-06-20 16 Hapag-Lloyd TO NORTH OWOft mi conrMoUtes ami an* i **wi» 4/7 Cardfcan by TO MHWIEHmm nn cow ah Ones struct Al—awa Etprm On afar VMi TW HK S pore P Ketone Genoa Trieste 16/6 18/6 22/6 24/6 14/7 21/7 25/6 26/6 29/6 30/6 23/7 31/7 1/7 3/7 11/7 8/7 1/8632 words
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Advertisement687 1980-06-20 16 KOREA smK P. Ketone VEGA 149W Sated CORPN STORE 19-23 June VEGAISOE Sailed 19-23 June TO BUSAN INCHON ALTWRIS3W 11/14 My 15/19 My FROM BUSAf BANGKOK ALTAIR 154E 11/14 July 15/19 July TO BUSAN PENANG CALL SUBJECT WOUCEMENT KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC KSC687 words
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Advertisement501 1980-06-20 16 EVERGREEN LINE I FAR EAST/EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTING CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. IE HAVRE ALSO ACCEPTMG CARGO FOR: UNTEDIUNGOOM SOUTHAMPTON. LONDON. MANCHESTER. BiRMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS. WEST GERMANY BKMCftHAvtN HOLLAND AMSTERDAM MMwObo Aahrwp It Hmt* mil** »I— WW 11 Mr 1) My 22 Mr 23501 words
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Advertisement889 1980-06-20 16 Everett Lines 1* Burn* Fwt Star Stiippinf Corpn "BURMESE NATIONAL LINE' LOAWNG FOR RANGOON I Pm, j HTMT*«TWt kM/H ka < PA-AN 25/27 Jm B.F.S.S.C Agents m Motoyvo TEPS MALAYSIA I Compama Argwrtim Da Navaaadon lirtarcantinantal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOMXHG FOR DURBAN. CAPETOWN** •'MONTEVDEO, BUENOS AMES889 words
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Advertisement582 1980-06-20 16 Y Y mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. O SANKYO LINE AUSTRALIA SERVICE mat cmmi Pitwa Sn(iporc P Keiant Load** tar 23/25 Jim 2S/27 June SYD, MEL. ACQ 11/20 Mr 21/22 My SYD MEL. Mil BANGLADESH SERVICE 20/25 June CHTTAGONG. CHALNA JAPAN/STRAITS SERVICE KITI SAMUT OHKAWA MARU OASIS PRICE rOSNUM582 words
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Page 17 Advertisements
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Advertisement896 1980-06-20 17 L. PIL GROUP EAST AFRICA/REDSEA SERVICE a SINGAPORE/CHITTAGONG/RANGOON/SERVICES SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTABLE LCL/FCL CONTAINERS/ ALSO AVAILABLE 40 FT REEFERS FOR HKG VESSEL VOYAGE MANILA HKONG *N«o Toou 12S/13N IS-19 June 22-23 June 29/1 July 3-5 July HO July Nm. Zircon 128/13* 30/1 July896 words
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Advertisement864 1980-06-20 17 rr^ BEN LINE CONTAINERS EXPRESS CONTMO SERVICE TO/FROM EUROPE My tf iMarfk Car«p.i* Lf My ManaaEapms MM b, FIOM EIMOPE: H BURG B HAVEN R OAM HAVRf SOTON h (na Austria Benelux France MUK PKctaw S port Far »T 1 SjM SjM Saftrt SaM Saftttf 24/4 22/1 HK TKKN l*t»864 words
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Advertisement626 1980-06-20 17 Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE TO MCD/UK/NC/SCAM OMU) 21/| 9PCMCA29/4 0 DAKJA 5/7 ftFWABAI2/7 B DMUk It/7 inmuaw 1) Barcama Genoa Lafhi Invfnl. UK. CMm I Btcmi Iwrtim I Al MM xoats accmtmf Mar k MM UC. N 'Bum ■I «aa* l)fW|?)irW| Itrni 4)rdaa s)l*M OVmI icd aan626 words
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Advertisement478 1980-06-20 17 4 33 5 6 ji 11 1 J 2 w 5 A ii fill A] BOUSTEAD SHIPPING AGENCIES la BANK LINE FOR REUNON I SOUTH AFRICA (also accepting East London cargo) Lykes/^ U.S. WEST COAST SERVICE (al ntsscfe also ciM longbeach Los Angetes San Francisco) T/S «ia RORO (Loads only)478 words
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Page 18 Advertisements
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Advertisement789 1980-06-20 18 K LINE KAWASAKI KISEN KAISHA, LTD. EXPRESS CONTAINER SERVICES J TO NORTH AMERICA Imtm muk Mm iiaiaMt a rtqwtt CjrfMi Mm icnptaWt far UW imcmnm, Parts* Hhlm. GMmfa*. Naw Ortawa. TO EUROPE C RQZE 20* K lACEWONBW HK CONTAfCR 21* 0 CHEF TOW IS BROGE 27* (KM*4h| c«(mi to Stwfciiti789 words
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Advertisement427 1980-06-20 18 j@3sa, CAUFORMA/PACFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Im*| tar LOI ANKLES, SAN FUMCSCO SEATTU. TACOMA. VANCOUVER IC Accept* Fa/Fa Mam AUSTRALIA EXPRESS CONTAINER SERVICE Acc«*| Fa/Fa CeaUPierj NEW ZEALANO SERVICE JAPAN SERVICE hft/21 June 22/23 June 24/25 Jdm 1/10 My U/IS My INDIA SERVICE TnSHVA KARUNA' "ARUMOW. PRADESH' •VBHVA427 words
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Advertisement564 1980-06-20 18 S A (rl'OIII) SINGAPORE SHIPPING AGENCIES PTE. LTD JOTh FaOOR OCEAN BjllOiNG SINGAPORE 1 MARKETING 9'<122 I 3 L INESI GENERAL 9i Jll 114 L iNE Si TEIEIRS 2459S RS 2SS6B A B CARSmip CABLE CARGOShiP GUI lte«|i<Nuil Container Lines WEEKLY CONTAINER SERVICE to/lro«n BANGKOK VOY MCE BOUNTY 275/20N lADE564 words
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Advertisement657 1980-06-20 18 rn granard line INDEPENDENT A TTRAC77VE RA TES u MEDITERRANEAN SEA SERVICE ALSO ACCEETISC COSTA IS EM CAMCO PCL O\LY FOR: PORT SAID. ALEXANDRIA. BEIRUT. LATTAKIA UMASSOL ISTANBUL PIRAEUS Specially engaged agents A stevedores providing immediate discharge S'pv* fltei lOOON KW TOM V. JMI M hM FOR TIM STIR V.JM657 words
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Advertisement622 1980-06-20 18 INTRASEA (PTE) LTD Faber House 234E Orchard Roafl Singapore 9 Telephone *****11 *****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S>n P.Kata« .IS Jm 29 1M -19 M 23 M 9% 12% LaaM* far BOULOGNE/ROTTERDAM/IK (AVON) BOULOOC/K (AVON) ROTTDHMM/CAOI Ag«h UTIASEA (PTE) LTD *****11 BOOKMC *****57 «0 SHPPMG TRADMG 410*44,622 words
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Page 19 Advertisements
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Advertisement776 1980-06-20 19 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A mem&e' o* ACE Conso^'u n TO EUROPE/UK (VIA SUEZ): r^; C. KOZE+ 22/6 K. JACEWON 28/6 HKCOffTAMR 3/7 0 CHEF 9/7 S.S. BRDGE 15/7 N CORAL 22/7 C. CONTMO 27/7 Container feedered to/from F'stowe Also accepting cargo to/from Scandinavia +C.776 words
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Page 20 Advertisements
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Advertisement284 1980-06-20 20 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE PT SAC ALEXANDRIA PYRAMDS U My 5 Au( 11 Auf 6 Cjrjo BoefafS Pleas* Phone *****43 MARTRAMS CARGO PLEASE COMTACT BCHENKER SINGAPORE TEL *****11 FROM EGYPT ALEXANDRIA SINGAPORE PYRAMDS U Mw 22 5 ACCEPT* CARGO284 words
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Advertisement259 1980-06-20 20 GARWARE SHIPPING CORPN. LTD. MSH VMJMI (Ma Fbf-BuH 19(1) FOR HOPBDA SJNGAPtM 2 July KUAffTAN 3/7 July SMGAPORE: STRAITS SHP SERVICES (PTE) LTD., TEL *****61/2, *****91 GORDON NAVIGATION CO S.A. REGULAR SERVICE TO/ROM STORE/COLOMBO/ BOMAY/KAJtACM S'pore Karachi Loading for: M.V. CMJFORNA V.GNI h Part 29 km Karachi only M.V. CALFORffA259 words
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Page 20 Miscellaneous
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Miscellaneous161 1980-06-20 20 Regional Weather *0^ 1 B X N ffl AT, PS I i«-> W M a."*? I iSIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Dew point C °C .CT"" Oo hi Wind direction with speed in knots Wave height R, Thunderstorm Temperature °C Shower Weather Wind direction with161 words
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