The Business Times, 24 June 1980

Total Pages: 20
1 20 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 111/1/81 TUESDAY, JUNE 24,118« 50 CENTS
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  • BRIEFLY...
    • 66 1 PRIME Minister Lee Kuan Yew has sent congratulations to the Acting Prime Minister of Japan, Mr Masayoshi Ito of the Liberal Democratic Party which won a decisive victory in Japan's general elections. In his message, Mr Lee said the people of Japan have reaffirmed their confidence in the
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    • 77 1 THE Italian Electricity Authority (lEA) has issued one of this year's largest single floating rate debenture amounting to US$lOO million in the Asian dollar market. The lEA is the first European government body to tap the market. The bond will mature in seven years and can be
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    • 75 1 Reuter KUALA LUMPUR, Mon. Malaysian Deputy Trade and Industry Minister Datuk Lew Sip Hon will leave here on Sunday on a two-week mission to Australia and New Zealand to explain Malaysian investment opportunities to industrialists, investors and financiers. Datuk Lew's 29-member mission will also hold seminars in Perth,
      Reuter  -  75 words
    • 71 1 AFP JAKARTA, Mon. A well known Indonesian textile company has in cooperation with Australian Wool Corporation completed preparations for production of the first wool cloth to be made in Indonesia. Naintex of Bandung, west Java, will manufacture a light fabric suited to the tropics made of 60
      AFP  -  71 words
    • 62 1 TOKYO, Mon. Japan's Sumitomo Corporation has begun building a housing and shop complex for overseas Chinese as well as Chinese residents in the Southern Chinese province of Guangdong in a joint venture with Hongkong companies. The Japanese trading house and three Hongkong companies have jointly set up a
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    • 60 1 Reuter JERUSALEM, Mon. A special ministerial committee failed to reach a decision today on how to cut between US$l7O and $200 million from the Israeli budget in order to curb the country's 130 per cent inflation rate. Finance Minister Yigael Hurvitz has said he would resign if more
      Reuter  -  60 words
    • 47 1 AP NEW YORK, Mon. Stock prices were little changed this morning. The Dow Jones average of 30 industrials slipped 1.02 points to 868.69 in the first half hour. Gainers and losers were evenly balanced in the early tally of New York Stock Exchange-listed issues. AP
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  • 145 1 Rises Indices Lower Perak 1180 726 Jun 20 Jun 23 Berjuntai O C B C 1090 995 70 45 B.T.Indicator: 5656.26 5748.02 Straits Trading 1400 40 Industrials: 548.67 551.20 M U I 1120 40 Finance: 944.43 950.09 Paper Products C Sugar* M T C Tan Chong OUE
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  • Article, Illustration
    143 1 Rises Indices Gopeng Con 2150 Kluang 700 Berjuntai 1100 Rahman Hy 1080 0 C B C 1000 M U Ind 1140 S Trading 1420 Keck Seng 494 Paper Product 364 C Sugars 735 Magnum Corp 1000 Falls FAN 785 Tronoto 1660 Tasek 540 150 95 70 60 40
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  • 758 1  -  SHIP DIVERTED TO INDIA By FOO CHOY PENG A $20 million cargo from Singapore has been diverted from its intended destination in West Asia to an Indian port and a group of local shippers is now trying hard to redirect their goods to the purchasers. Extensive
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  • 244 1 TORAY Industries, Japan's largest synthetic fibres manufacturer, has set up a regional office in Singapore to coordinate the operations of its jointventure textile plants in South-east Asia, including a "Swan socks" factory in the Republic. Toray recently registered an office in Singapore. The office will
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  • 192 1 A LARGE crowd yesterday poured into the Shenton House office of Ounces and Grams to buy gold and silver proof coins commemorating China's participation in the Olympics. By lunch-time, half of the coins offered for sale had been snapped up. In the afternoon, Cisco guards
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  • 427 1 MINORITY shareholders of City Developments Ltd (CDL) have been advised by Merchant Bankers Baring Brothers Asia to accept the company's rights issue to finance its diversification into hotels. CDL plans to acquire 64.5 per cent of King's Hotel for $13.64 million in cash (equivalent to $4.70 ex-dividend
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  • 292 1 MALAYAN Credit will lane II.• mllltoa tew ■hares —inmllln »t $2.21 a share to finance Ms parehue sf Marin Hnm tram Sfogapsre Laad for SSUmilltoa. The new shares sf $1.11 par valae will raise $24 mlWsa, with the balance sf $ISJ mllltoa to
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  • 496 1 Reuter THE Hongkong government yesterday ruled that shipping magnate Sir YueKong Pao should make a general bid for all the shares of the Hongkong and Kowloon Wharf Company. Sir Yue-Kong earlier launched a successful HKJ2.I billion bid for 20 million
    Reuter  -  496 words
  • Page 1 Advertisements
    • 45 1 crag &RAKH For *11 types of 0)( e Culinary (Oriental Rakl Corporation Tel: *****4/*****4 •'JV"? 1 Tele*: RS ***** A/B RAKICOR herb*. CaMc: "RAKICORP" seeds.roots, spice* F«.0., »Impulses Warsiling Industrial Estate Malaysia Tel: ***** Manufacturer, CaMe: "RAKICORP" Johore Bahru miller and stockists. See back page
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    • 68 1 Leader... page I IKBQQB; SHIPPING TIMES PRICES of HDB flats raised HK GOLD fa tares trading may 2tpc a 2 start la Aagast. MICROFILM filing service at APOLLO expects better days Registry sf Companies I ahead 11 CONFLICT betweea risks aad LDP victory expected to haast rewards af research share
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    • 242 1 RICOH Plain paper copiers Preferred by offices worldwide CALL *****5. Wywy Private Limited Wywy House, 17 Leng Kee Road, Singapore 0315. 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
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  • TRADE AND INDUSTRY
    • 311 2  -  By RONNIE LIM A $10 million submarine trench for pipelines and cables is being built between Jurong and Pulau Ayer Merbau to supply water and electricity to the $2 billion petrochemical complex there, an official involved with the petrochemical project said yesterday. More branch lines
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    • 141 2 THE British Business Association (BBA) has elected Mr Richard Dougal as president for the new term of office. Mr Dougal is the manager of Commercial Union Assurance. At its annual general meeting, the BBA also elected Mr Stuart Peacock, manager of Ben Line Steamers,
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    • 470 2 THE Registry of Companies (ROC) has introduced a microfilm filing service that will reduce the cost and time involved in inspecting company files. The service was launched yesterday as part of the second phase of ROC's mechanisation and computerisation programme. Under this phase, the ROC
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    • 118 2 MR Michael B*ey has been promoted to assistant vicepresident of Irving Trust Company, Singapore branch. Mr Boey joined Irving Trust in March 1975 after more than nine years' experience with two local banks. He is a member of both the Institute of Bankers, London, and the Association
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    • 62 2 ASEAN officials are contemplating working out a strategy to harness Western technology in order to improve the manufacturing capabilities of Asean countries in the aerospace field. Asean hopes to use the combined volume of its purchases of non-military aircraft as a lever to compel Western manufacturers to source
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    • 359 2 THE selling prices of all Housing and Development Board flats will be increased by 20 per cent from next month. The HDB also announced increases in service and conservancy charges in two stages. National Development Minister Teh Cheang Wan has given
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    • 194 2 THE Asian Regional Organisation of the International Federation of Commercial, Clerical, Professional and Technical Employees (AsiaFIET) will hold its third conference in Singapore from July 17 to 21. The conference will be officially opened by Minister for Trade and Industry, Mr Goh Chok Tong, at
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    • 470 2 SEMINARS AND COURSES June 25-26: Sales Training Course, Hilton Hotel, Consulasto June 26-27: Assertive Management, Shangri-La Hotel, AMR International June 26-27: Asean Trade Seminar, RELC International House, Applied Research Corporation and Times Organisation June 26-27: Personnel Management for Secretaries, SIM Conference Room, SIM July 3-4: Job Evaluation, Shangri-La,
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  • Page 2 Advertisements
    • 192 2 Leader... Page C sv Jt s A f H r x 1 MM V" "f Z v/i -i Wffimm K/Z'<m::» .*< Now from Frans, the same prestige and luxury for your office that it has grven your home! We present from Italy the Serie Big office suite. In combinations of
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  • REGIONAL
    • 629 3 Reuter PRIME Minister Indira Gandhi's controversial and powerful son, Sanjay, was killed yesterday in a plane crash. His death is expected to have enormous repercussions on Indian politics. A political commentator said: "Mrs Gandhi is alone now. There is no one left that
      Reuter  -  629 words
    • 182 3 UPI FIERCE fighting erupted on the Thai-Kampuchean border yesterday as two sprawling refugee settlements straddling the frontier were attacked. Thai military sources said the attackers are believed to be a combined force of Vietnamese troops and soldiers in the fledgling army of Heng Samrin's
      UPI  -  182 words
    • 117 3 Reuter JAPANESE vehicle production in May fell 6.1 per cent to 906,600 from a record 965,600 in April, but rose 9.6 per cent from 827,500 a year earlier, the Japan Automobile Manufacturers' Association said yesterday. The May total comprised 580,500 passenger cars, up 7.8 per cent
      Reuter  -  117 words
    • 282 3 AFP THAI police are to set np special unit to protect tourists, the country's police chief said as reports of another weekend highway robbery reached Bangkok daring the weekend. Police in the Southern Thai province af Nakhon SI Thammarat reported yesterday that six robbers had held up
      AFP  -  282 words
    • 175 3 UPI GROWTH of the Philippine economy is expected to slow down in the face of an impending recession in the United States, the country's major trading partner. The forecast is made by central bank governor Gregorio Licaros to President Marcos. "A slower rate of
      UPI  -  175 words
    • 585 3 AFP FOREIGN ministers of the Association of South-east Asian Nations will plan a new strategy to pressurise Vietnam to negotiate a political solution to the Kampuchean problem at their annual conference opening in Kuala Lumpur tomorrow. The plan will be based on last
      AFP  -  585 words
    • THE REGION IN BRIEF
      • 447 3 Agencies THE mammoth Japanese business group Sumitomo has started building a condominium complex for overseas Chinese in China's southern-most Guangdong province through a Hongkong affiliate, it was reported. Sun-Su-Tung, capitalised at HKSIS million and 12.5 per cent owned by Sumitomo Corp of Tokyo and the rest by Hongkong
        Agencies  -  447 words
  • Page 3 Advertisements
    • 79 3 THE LARGEST-SELLING CHAIN-SAW IN THE WORLD, y y >4, u A- *4CTO«v «*£S£W7A7TVf *0* SOUTH £AS7 ASi4 STIHL(S.E.AJPTE LTD Unit 1003. 10th Floor. Tan Boon Liat Building, Outram Road, Singapore 0316. Tel: *****47 (3 Lines) Cable: STIHLSEA Telex: RS ***** LINER TUG t BARGE SERVICE Indonesian flag barge 150' x
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    • 111 3 There isn't a medium-sized copier in the world that fulfills your needs as completely as the Xerox 3450. Copies faster at 30 per minute. Perfectly. Reduces originals down to sizes that suit you better. Makes large document handling easy with the automatic document handler. Copies size for size or reduces
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  • RAW MATERIALS
    • 117 4 Reuter THAILAND'S rice exports during the current calendar year are expected to exceed 2.4 million tonnes, surpassing the 2.2 million tonne target set earlier this year, Mr Pricha Tan Prasert, president of the rice committee said. The anticipated 1980 exports, valued at over US$75O million,
      Reuter  -  117 words
    • BRIEFLY
      • 239 4 Agencies NEGOTIATORS from about 100 states working on proposals for a US$4OO million international fund to buy buffer stocks of world commodities have narrowed differences but are unlikely to complete agreement as scheduled. They said the talks under the auspices of the Unctad, still had to settle
        Agencies  -  239 words
    • 330 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.05, 100 per cent second class 0.90, 100 per cent third class 0.88, 25 per cent new crop 0.80, B-10 per cent 0.68. THAI BROKEN: A-super 0.63, Special no stock.
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    • 296 4 IN Singapore, the market closed slightly lower with July One RSS buyers quoted at 286.00 cents per kilo, down half a cent from last Friday's close, dealers said. Morning prices were quietly steady on lower London advices coupled with some covering interest. Afternoon prices improved initially on reports of
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    • 308 4 R.A.S. prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 284.50 285.50N 285.00 286.00N Int. 1 R.S.S. July 285.50 286.00 286.00 286.50 Int. 1 R.S.S. August 287.50 288.00 288 00 288.50 Int. 2 R.S.S. 278.50 279.50N
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    • 112 4 NOON SSR u id SMR i 1 1 Rah SSR 20 SSR SO (l-bx (ltd .pallet) i pallet) Jaly (Carraat Mth) Buyers Seller* 264.50 266 SON 261.50 263.SON Auffuat (Forward Mth) Bayer* Seller* 265.50 267.S0N 262.50 264.50N MKELB Jaly Aafut SMRCV SMRL SMRS SMR GP SMR 10
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    • 77 4 THE Straits tin price in Peuix yesterday firmed M|4 per picol te *2,1«, $19 above the Interna tloaa I Tin Agreement ceiling, dealers said. The firmer market refleeted a steadier Leads* closing last week whieh encouraged increased baying activity tram the US, Japanese aad Enrapean traders, they sakl.
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    • 37 4 Rubber June 23 Singapore: July: 286.00 cents (down 0.50 cent) Malaysia: July: 290.00 cents (unchanged) Tin: M 52,164 (up $4) (equivalent to $35.78 per kilo) (up 7 cents) Official offering: 195 tonnes (up 48Vi tonnes)
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    • 151 4 UPI THE Philippine Coconut Authority (PCA) has fixed the copra export assessment at pesos 80 per 100 kilos of copra, up over the old pesos 60 rate, PCA officials said yesterday. PCA administrator Felix Duenas said exporters of coconut products are to pay the
      UPI  -  151 words
    • 123 4 IN Kuala Lumpur, the market held unchanged on reserve of sellers, dealers said. In the south and central regions June and July were unchanged at MJ837.50 per tonne. August traded at $837.50. The refined market was quiet with light enquiries, they added. CJ J. North European ports. In
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    • 174 4 CHINESE Pradaee Exehaage, Singapore, tMig prices per lit kg yesterday: CtcMit all: Bulk fob 132.00 sellers, old drum (in second hand drum) fob $142.00 sellers, new drum fob $148.00 sellers. Gapra: Mixed (loose) $76.00 buyers. Pepper: Muntok white pepper fob Asta NLW $455.00 sellers, Sarawak white pepper faq
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattaa yara: China Blue Phoenix 20s 2,190; 32s 2,585. 40s 2,840 (per bale of 400 lbs). Piece B*Mb: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 847 4 COFFEE: Robusta futures closed the morning £21 lower to £8 higher in volume of 3745 lots including around 1,750 cross trades. The market had opened substantially lower, trading September down to the lowest levels since January, and the July position to the lowest point since June 1979, dealers
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  • ASIAN STOCKS
    • 503 4 TOKYO Reuter SHARE prices closed sharply higher yesterday following an overwhelming election victory by Japan's ruling Liberal Democratic Party (LDP), dealers said. The market average rose 47.04 to close at 6,860.89, after reaching 6,888.57 at the morning close, with volume 300 million shares. The Tokyo
      Reuter  -  503 words
    • 327 4 THE market exploded into action following the counteroffer of HKJIOS.OO cash by Sir YKPao for approximately 20 per cent of HK Wharf. Overseas and local money alike chased shares in conditions similar to those seen in 1973. Some investors took the opposite view that if Sir YKPao controlled HK
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    • 357 4 ENERGY stocks and those associated with BP's proposed takeover of Selection Trust combined to underpin stronger trading yesterday, dealers said. Overseas demand pushed most major shale oil stocks to record levels, led by Greenvale which firmed AB5 cents to $2.96 and Central Pacific which rose $3.50 to $68.50. CSR,
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    • 207 4 JUNE 23 Bah Is Asia Credit Asia Fibre Ayuthaya Inv And Trust Bangkok Investment Bangkok Bank 288 unch Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban Bangkok Nylon Bank Of Asia Bank Of Ayudhaya Ltd 144 ♦1 Bata Berll Jucker 4Carpet InlerNational Charoong Thai Wire Crown Seal i—
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    • 157 4 STOCKS closed generally mixed yesterday with turnover falling 3.9 million pesos against last Friday's 5.8 million, traders said. Acoje Mining, Atlas Con B, Baguio Gold, Lepanto B, Philex B, Basic Petroleum, Phil Overseas and PLOT eased while Apex Mining B, Anglo Phil, Pogei, Seafront and First Phil Holding firmed.
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    • 29 4 H.K.HANQ 8ENO Monday 1012.01 Friday 087.86 Week Ago 081.12 SYDNEY INDUSTRIALS Monday unav Friday ***** Week Ago closed ALL ORDINARIES Monday unav Friday 880.82 Week Ago closed
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  • Page 4 Advertisements
    • 479 4 0 FIRST NATIONAL BANK IN DALLAS DALLAS, TEXAS (INCORPORATED IN THE U S A WITH LIMITED LIABILITY) CONSOLIDATED STATEMENT OF CONDITION CONSOLIDATED STATEMENT OF EARNINGS ASSETS Cash and Out From Banks on Demand Bank Time Accounts Fundi Sold Loans. Nat of Reserve for Loan Losses of 536.053.000 Lease Financing Investment
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  • OVERSEAS
    • 461 5 CHANCE FOR EUROPE Reuter, AFP. SAUDI Arabian Foreign Minister Prince Saud AlFaisal has said that the Arabs are ready for peace in the Middle East and Western Europe should exploit this. In an interview with the Saudi paper Al-Jazira, which released by the official
      Reuter,; AFP.  -  461 words
    • 200 5 Reuter A SPECIAL ministerial committee is seeking further budget cuts in an attempt to stem Israel's inflation which is running at an annual rate of 130 per cent. Threatening to resign unless cuts were made, Finance Minister Yigael Hurvitz on Saturday persuaded
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    • 492 5 Agencies EGYPT and Israel may resume the stalled Palestinian autonomy talks "without preconditions" at a meeting between their chief delegates early next month in Washington, diplomatic sources said. America's deputy chief negotiator, Ambassador James Leonard, hinted the impending agreement following a meeting on Sunday
      Agencies  -  492 words
    • 127 5 Reuter SPANISH police, paramilitary civil guards and bomb disposal squads kept a close watch over packed tourist resorts yesterday as a deadline set by Basque guerillas to start a new beach bombing campaign expired. The midday deadline (1000 GMT) set by the Basque separatist organisation
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    • 120 5 Reuter BRITAIN'S manufacturing industry has been hit in recent weeks by a further fall in product demand, the Confederation of British Industry (CBI) reported yesterday. It said order books of 67 per cent of more than 2,000 companies polled in a survey between May
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    • 231 5 Reuter Sf E ,,S conomic in the US and Britain will not toto a general world-wide slump, US Treasury Secretary William Miller said. "Everyone is not rising and falling at the same tune he said, in an interview with Le Figaro. There
      Reuter  -  231 words
    • 156 5 Reuter Inflation in West Germany will probably fall from its present annual rate of around 5 per cent to 4 per cent in the second half of this year, the OECD said yesterday. Its annual report on West Germany forecasts a further drop
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    • WORLD IN BRIEF
      • 528 5 Agencies PRESIDENT Carter's chief domestic policy adviser has acknowledged that next year's federal budget could show a US$2O billion deficit despite the president's earlier promise to balance it. The worse-than-expected recession meant "it »111 be much more difficult, albeit not impossible, to have a balanced budget," Stuart
        Agencies  -  528 words
    • 280 5 NYT TWO confidential US State Department studies concluding that multinational oil companies enhance the effectiveness of Opec in maintaining an effective cartel have been made public. The documents were internal studies and do not represent official US Administration position. One assessment made in 1976
      NYT  -  280 words
    • 170 5 TENSION gripped the South African car manufacturing cities of Port Elizabeth and Uitenhage on Monday as the deadline for thousands of black strikers to report back to work or face dismissal approached after several days of unrest and near riots that have crippled the country's industrial
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    • 790 5 A DDT17 AT C* i JXivi v ALS Service Local Operator Number Time From MAS MH601 0700 KUL FT T71 0710 JFK/ORD TPE SIA/ BA SQ BA17 0715 LHR BAH SIA SQI01 MAS RBA BI427 0930 BWN MAS L 0930 PENKUL SIA 1000 HLP :al 1000 HLP
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  • Page 5 Advertisements
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    • 128 5 i ■■.w&mcki-z t i lit miii with this BE split r r.fnnp^n.Th^r^? s T"* by ,amous 66 Clima,u,,, compressor provides the cooling refrigerant while the quiet indoor console unrt delivers cool, comfortable air.... without bulky, costly ducts. Illtllllllllllllllllliuul,. I laa. I m H r 4 fgsnj^ tl« •'tlllllW •ia 8
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  • 379 6 PRICES of essentials are on the rise again, it seems. Bus fares have gone up in the last year, as have utilities rates. With the announcemeitt of a 20 per cent increase in the price of all Housing and Development Board flats, consumers will
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  • 255 6 THE SEEMINGLY characteristic avarice of the Singaporean again manifested itself yesterday in the mad scramble at Shenton House where gold and silver proof coins commemorating China's participation in the Olympics were sold. The rush is reminiscent of the familiar but more orderly long, snakey
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  • 1551 6  -  J*. Scientific research produced a cure for I peptic ulcers. It also discovered LSD. DAVID FISHLOCK looks afresh at the 2 perennial conflict between the risks and the rewards of research from the viewpoint of p£ the corporation which has had to put a 'conscience' on its
    FT  -  1,551 words
  • 766 6  -  By V G KULKARNI A RECORD trade deficit, high inflation and depleted order books continue to affect Hongkong's economy. Although the underlying figures are not rosy, the government continues to put on a brave face. The first quarter economic report put out by the
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  • Page 6 Advertisements
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  • Page 6 Miscellaneous
    • 1393 6 m First day at schcx)l JEAN BRODIE arrive* at Edinburgh la It* ta take ap a teaching post at the Marcia Blaine sch—i far girls. On her first day, she is invited to make a speech daring the Psander'B Day eelehrattons and she delights her andieace with her passtoaate and
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  • 718 7  -  FORUM With TAKEO KUWABARA JAPANESE culture has little worldwide influence despite the country's great economic achievements and financial support for international organisations like Unesco, PEN and others. This is the observation of cultural experts, local and foreign, who have followed closely Japan's relations with the rest
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  • 1950 7  -  Who's afraid of the big, bad recession? Few these days are likely to scoff with total abandon at predictions of economic disaster despite, or because of, their frequency. But AGNES WEE f: says that with an effective -i leadership, it is not unrealistic to
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  • 216 7 CONVERSATION in a men's club: "Do you believe in clubs for women?" "Well, yes, but only if gentler methods fail." THE "Friendship Store" which caters to the needs of Peking's foreign community, shuns anything but hard currency but does not hesitate to buy second-hand goods back
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  • Page 7 Advertisements
    • 1499 7 11l SINGAPORE INSTITUTE OF MANAGEMENT MANAGEMENT DEVELOPMENT PROGRAMS KEPNER-TREGOE'S EXECUTIVE COURSE IN PRORLEM ANALYSIS AND DECISION MAKING OBJECTIVE Each year sees industry and government losing untold amounts of productivity from unsolved problems, costly wrong decisions and plans that go awry from unanticipated problems. When the skill of systematic thinking is
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  • INTERNATIONAL STOCKS
    • 323 8 Reuter AMERICAN Telephone and Telegraph Co said its latest earnings performance reflects the sharper-than-anticipated impact of the recession. For the three months ended May 31, the company's earnings rose to US$l.46 billion from $1.40 billion. Earnings per share fell to $1.99 per share from $2.01
      Reuter  -  323 words
    • 221 8 Reuter MONTEDISON SPA has temporarily shut down two plastics plants at its Brindisi complex owing to the stagnation of the European plastics market since April, a company official said. One plant has a capacity of 25,000 tonnes of "Moplen" polypropylene and the other a capacity
      Reuter  -  221 words
    • 128 8 TWO Japanese oU Arms have agreed n a capital tie-up, a move which may prompt reorganisation of Japan's «II Industry, a newspaper re pert said en Sunday. The newspaper Asahl Shim ban said the agreement was reached hy Dalkyo and Asia OU ewn pastes, twe dsmesticallycapitallsed refiners.
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    • 275 8 Reuter UNION Carbide chairman William Sneath has said that the company hopes to complete its sales of companies which do not fit Carbide's long-term plans by the end of this year. Mr Sneath said despite a good first quarter result, the company still expected the overall
      Reuter  -  275 words
    • 92 8 BAT Industrie* Ltd expects pre-tax 198« earnings to shew a greater rate of growth than la If», when profit for the caleadar year was 2 per ceat ap at £443 million, chairmaa Peter Macadam told the meeting. He said a higher tax rate, however, may remit la
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  • Page 8 Advertisements
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    • 145 8 lubertua tlriU For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday $18-1- 10% service charge 3% cess Javanese Rijstafel Saturday Sunday $16 -f- 10% service charge 3% cess For reservations call *****77 C cnliin I'urk Hlmtiiloii SiiM^iqNHT SHERATON HOTELS AND INNS WORLDWIDE Nassim Hdl Singapo'e
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    • 151 8 Everything's here at the Mirabelle V* M» AS w* 'f S .X <r-". |<j* J\ All the ingredients for an enchanted evening are here Superb Continental cuisine and choicest vintage wines In an elegant and romantic atmosphere complete with candlelight and strolling minstrels And service that is impeccable and unobtrusive
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    • 191 8 Noodles, mien or mee? It's the same. No matter what you call it. The difference is the way our chefs serve up to you. Whether it's fried, dry, or in a soup. Whether it's Hokkien-style, Cantonese-style, or local-style. YouH like the way we have with noodles, mien and mee at
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    • 227 8 The American Express Card serves you well wherever great food is served 'AMERICAN! Welcome ®A J To apply for the American Express Card, call 2358 133. OMBG'23 A EC Wine, Dine A Relax In Cosy Atmosphere at The Barn Steak House ft Restaurant The Barn Steak House is elegant in
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  • BANKING AND FINANCE
    • 586 9 STEADY DECLINE REVERSED Reuter US BANKS are expected to increase their share of the international loan market this year after several years of steady decline. New York bankers said slow domestic loan demand, less aggressive international lending practices by foreign banks, and a
      Reuter  -  586 words
    • 141 9 MR TJIO Kay Loen has been re-elected as president and chairman of the Institute of Bankers at its 20th annual general meeting held last week. Mr RHL Bacon was elected as vice-president and deputy chairman while Mr C W G Endacott will also be a vice-president. Other
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    • 162 9 THE ASSOCIATION of Banks in Singapore (ABS) will be holding its seventh annual general meeting at the Shangri-La Hotel tomorrow. The chairman of ABS, Mr Tjio Kay Loen, will be a dressing the meeting. Th guest-of-honour, Mr Michael Wong Pakshong, managing director of
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    • 68 9 THE AGREEMENT appointing insurance broker/consultant Thomas-Robert (Singapore) Pte Ltd to package and market the Wing On Jewellers Block Insurance and as technical adviser was signed by the parties at a dinner in a local hotel during the weekend. Picture shows (from left) Messrs Deniel Kwok, Michael
      68 words
    • 376 9 Reuter THE PROPOSED gold futures market in Hongkong is expected to start operating in the first half of August. Announcing this, Mr Peter Scales, chairman of the Hongkong Commodity Exchange, said the proposed contract specifications have been submitted to the Commodities Trading Commission
      Reuter  -  376 words
    • 450 9 Reuter WHEN the Philippines goes over to a system of valuing the peso against a basket of currencies rather than against the US dollar alone, it will not mean a peso devaluation. This point was made by Philippine Central Bank goverGregorio Licaros
      Reuter  -  450 words
    • 108 9 AP THE) US Export-Import Bank has announced that Philippine Airlines will purchase a DC-10-30 aircraft for US$5O.4 million from McDonnell Douglas Corporation. The bank said the airline plans to improve its mediumand long-range international network by operating routes between Manila and Singapore, Hongkong, Tokyo and
      AP  -  108 words
  • MONEY AND EXCHANGE$
    • 478 9 THE U.S. dollar was still weak against other currencies in the foreign exchange market yesterday. Against the Japanese yen, the dollar opened at 217.80/ 90 but later improved to reach 218.20 30 as dealers bought up to square their positions ahead of the Japanese elections. However, with the
      478 words
    • 198 9 ASIAN ASIAN currency deposit interbank rates as at close on June 23: 7 days 1 month 2 months 3 months 8 months 9 months 12 months US Dollars(Spot) Offer Bid 9V. 9'n 911/16 9 9/16 9V« 9'« 9H 9V« 9H 9V 4 9 5/16 9 3/16 9 5/16 93/16 1
      198 words
    • 48 9 RANGE of prices offered by discount houses on June 22: Overnight: CH -615/16% Call deposits: 6V« 6H% Closing Buying Selling 3-month Treasury bills 6'* 6 1 3 month Bank bills 913/16 911/16 3 months CD 9 5/16 93/16 6 months CD 9v. 9'« Source: National Discount Co
      48 words
    • 22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.6 per cent.
      22 words
    • 166 9 THE U.S. dollar for overnight delivery closed sharply weaker at 215.40 yen, compared with a 217.80 opening and 217.35 at last Friday's close, dealers said. The dollar's weakness reflected increased yen buying by banks following an overwhelming election victory by Japan's conservative Liberal Democratic Party (LDP). Trading was active
      166 words
    • 369 9 IN Singapore, gold futures yesterday closed easier compared with last Friday's close in moderate trading, dealers said. The morning market was sharply lower on news that an unspecified number of Soviet troops had withdrawn from Afghanistan over the weekend while in the afternoon prices fluctuated marginally. Total sales for
      369 words
    • 203 9 THE U.S. dollar eased gradually in quiet early trading, with dealers expecting further falls in US prime rates this week from the 12 per cent level. The dollar is still affected by the fall of 7.3 per cent in US new orders for durable goods in May, and market
      203 words
    • 154 9 THE U.S. dollar moved lower against major currencies in moderately active trading yesterday, dealers said. The US unit came under pressure from commercial selling in Europe and from the strengthening of the yen following news that the Liberal Democratic Party had secured a Lower House majority in the Japanese
      154 words
  • Page 9 Advertisements
    • 68 9 "I h .HF Penthouse Restaurant \ttVk Holland Road, Shopping Centre. Opposite Chip Bee Gerden Tel: *****06 MStfUK/ Seafood 8.8. Q. steamboat $12/HapDy Hours: 3jOO pm to 6.00 pm Drinks (20% discount) and Snacks B •Prompt Luncheons •Catering: Functions •Gourmet Dinners •Buffet Parties Daily: 11.30 am to 2.30 pm 6.30 pm
      68 words
    • 242 9 Yhi (knit build a name in hard at it nearly 60 years. International hanking wasn't the last thing American Express thought of. It was one of the first. In fact, financing international trade was an important part of American Express business during the early years of this century. Today, American
      242 words

  • 1654 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 specified SECTION ONE INDUSTRIAL COMMERCIAL Acma (3248)XD Allied
    1,654 words
  • 159 10 SINGAPORE UNIT BUST OCB-MONTAGl (MiWW Qctosa hftati) (Managm' prices tar J ma M) The Commerce 2.65 2 78xd Union Soar* Fund 1.04 1.00 The Savings Fund S'pore Prog Fund 173 1.82 1.20 135 INCOME BOND UVTI S pore Sec. Fund S'pore Invest Fund 114 2.25 1.65 1.73xd Income
    159 words
  • 2824 10 1980 High Low Company Last Sale Gr". Div or- Gr*t Net Div Ynd P/E C'vr Vol Day COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 370 245 Acma 223 220 Alcorn 149 116 Allied Choc 163 140 B A T 324 270 Bata 80 60 Ben 316 275
    2,824 words
  • 1904 10 g BID and offer prices officially A listed and business in and reid ported to the Kuala Lumpur H Stock Exchange yesterday with the number of shares traded shown in brackets in g lots of 1,000 units, unless otheri7 wise specified. INDIOTIRALS Aran (3 00B) xd »JMimill
    1,904 words
  • 99 10 Premlam HsMtags Bkd: AGM to be held at 5th Floor, Bangkok Bank Building, 105 Jalan Bandar, Kuala Lumpur, at 10am on June 25. Apalla Enterprises Ltd: AGM to be held at 18th Floor, Apollo Hotel, 405 Havelock Road, Singapore, at 11am on June 25. Paper Pradaeta (M) Bkd:
    99 words
  • 779 10 s PURCHASE orders so to am >> kend Hk trim to pud share prices farther ap ti the Stsgapere stock market yesterday. At the etonlat hell, wlaaers eatweigbed losers ea hnlsace as hrwul galas were registered ea several coaaters. The tflt towards baylag > streagth
    779 words
  • 620 10 THE Kuala Lumpur stock market soared to a new high yesterday, buoyed by continued bullish sentiments. The key barometer, the New Straits Times industrial ordinary share index rose 6.42 points to 655.48 breaking last Friday's peak of 649.06 points. Trading was active throughout and was
    620 words

  • COMPANY NEWS
    • 542 11  -  By TOH SU FEN APOLLO Enterprises considers last year's profit drop to be temporary and suggests a recovery this year now that the occupancy rate at its main revenue earner, Apollo Singapore, has improved. Added to this, the Apollo Sentosa resort, which became fully operational
      542 words
    • 368 11 RISING costs and competitive pressures have continued to take a toll on Fraser and Neave's earnings in the last financial year to March 31, 1980. The soft drinks manufacturer reported a fractional downturn in its pre-tax profits to $40.4 million from $40.6 million previously, despite making
      368 words
    • 269 11 KAMIJNTTNG Tin Dredging (M) said its subsidiary, Kamunting Tin Dredging Ltd's No 5 dredge has been shut down with effect from Jun 20. An application for a mining lease has been lodged on more than 91 acres of adjoining ground which is expected to contain sufficient reserves for
      269 words
    • 282 11 KLUANG-based Malaysian Mosaics is looking forward to a profit recovery this year after the sharp earnings drop experienced last year. "Prospects for the current year appear encouraging and I am hopeful that 1900 performance will show a substantial improvement," chairman Tunku Tan Sri Mohamed
      282 words
    • 422 11 BETTER commodity prices combined with improved palm oil and rubber output have lifted Kuala Lumpur Kepong's earnings for the first six months to March 31, 1980. Unaudited group pre-tax profit rose by 11 per cent to $30.38 million on a 15 per cent improvement in turnover to
      422 words
    • 183 11 A BUOYANT IV» saw Kaehal Deveiepmeat's aet pretax preflta lacreaatag by ahaat a fifth to $1.1 milltoa. Tribato Imwm earaed by the eampaay waa ap margaaliy to to $M2,BK tram WW* far the year to Dee SI, 117* aa a reealt af bettor are prieea whilst
      183 words
    • 96 11 JACK Chia Enterprises has reported pre-tax profit for the year ended Mar 31, 1980, of M 52.02 million on turnover of $18.43 million compared with $3.02 million in the previous period ($19.65 million). The directors are recommending a first and final unchanged dividend of 8 per cent, which,
      96 words
  • Page 11 Advertisements
    • 1069 11 are opportunity ownaproperty in Shanghai China's open-door policy now brings you an opportunity to own a property in Shanghai, the country's largest city. The "Yuen Nam Wah Kiu Village", a residential project, is jointly developed by Shanghai China Enterprises Co. and Heysham Enterprises Ltd of Hong Kong. Located at the
      1,069 words

  • 561 12 Reuter JAPAN'S Liberal Democratic Party (LDP) was returned to power yesterday after an overwhelming victory in the general election, less than two weeks after the death of Prime Minister Masayoshi Ohira. The conservative LDP, which has ruled Japan continuously since 1955, won 284 of
    Reuter  -  561 words
  • 260 12 DAYS may be numbered for Pernas Mining Sdn Bhd. It is understood that the management of Pernas has made up its mind to liquidate the money-losing venture. Sources said Pernas Mining is no longer able pay its staff. The holding company has taken over this burden. Although
    260 words
  • 143 12 AFP THE Australian Labour Party has announced that if it wins office in December, Australian immigration policy will be more generous. An Australian Labour government will abolish the existing Australian government scheme which is based on the Canadian points score system which Labour said is
    AFP  -  143 words
  • 80 12 THE National University of Singapore (NUS) will soon become a legal entity. The Minister for Education, Dr Tony Tan, will introduce the National University of Singapore Bill at the Parliamentary sitting tomorrow. Some changes to Singapore's constitution may be under way. The Minister for
    80 words
  • 196 12 SHARE prices on the Tokyo Stock Exchange are expected to rise steadily after the overwhelming victory of the ruling Liberal Democratic Party. The market average yesterday rose by a sharp 47.04 points to close at 6,860.89. Japanese securities analysts said the victory will favour
    196 words
  • 334 12 AP THE LEADERS of seven key industrial nations yesterday adopted an ambitious energy strategy for the 1960s designed to reduce dependence on oil by developing nuclear and alternative sources of fuel. On the final day of their summit talks, President Carter, four European government chiefs,
    AP  -  334 words
  • 205 12 OIL companies in Malaysia have been directed to submit their equity restructure plans to the Foreign Investment Committee, the Dewan Negara was told yesterday. Deputy Trade and Industry Minister Datuk Lew Sip Hon said the plans should achieve the objectives of the New Economic Policy (NEP).
    205 words
  • 835 12 LONDON, Mon. The market closed mixed after a quiet session. At 3pm, the Financial Times index was down 1.8 points at 470.0. Dealers described trading in equities as hesitant, with the latest Confederation of British Industry warning on the depth of the UK recession underlining the dull trend.
    835 words
  • Page 12 Advertisements
    • 185 12 <rfii (jwmii Accountant Does Tango In Boardroom A respected accountant recently broke with tradition and began tangoing in his company's boardroom. The reason for this spontaneous outburst was due to a particularly pleasing annual report. Said the accountant in an interview, "Things have really gone well this year. Last year,
      185 words
    • 210 12 HP if k V -Vv The world's most acceptable bank credit card puts the whole world in the palm of your hand. If you've earned it, you deserve the credit the world's most acceptable bank credit card can give you. Because we happen to combine the world's most widely used
      210 words
  • Page 12 Miscellaneous
    • 64 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few places from midmorning. Report for 24 hoars prior to 7.39 p.m. on Jane 23 at the airport. Maximum temperature 30.5 Associated humidity 77 Minimum temperature 25.1 Associated humidity 99 Hours of sunshine 7.50 Rainfall in millimetres
      64 words

  • SHIPPING TIMES
    • PORTSIDES
      • 81 13 Reuter CHINA will build two 27,000-ton freighters for two Hongkong companies with completion scheduled for 1982, the New China News agency reported. The China Corporation of Shipbuilding industry recently signed the contracts for the ships with Cheung Kong (Holdings) Ltd and Green Island Cement Co Ltd,
        Reuter  -  81 words
      • 103 13 AFP FOUR persons died and 10 more are feared dead in the fourth Philippine sea collision in two months last Friday. Philippine Coast Guard said the Taj Mahal carrying 20 passengers and the Brunei Star carrying 35 passengers collided off Basilan island, 880 km south of Manila.
        AFP  -  103 words
      • 90 13 Reuter A BRITISH entry El Pirata, in the tall ships race from Boston to Kristiansand in Norway, was located in the Atlantic on Sunday after being out of contact for several days. A coastguard spokesman said said the vessel was located by the luxury liner Queen Elizabeth
        Reuter  -  90 words
    • 576 13  -  By GOH ENG KEE SOUTH AFRICAN Marine Corporation (Safmarine) has ordered a 1,700-TEU container ship costing about US$4O million for its South Africa-Far East service. The fully cellular container ship will be built by Japan's IshikawajimaHarima Heavy Industries at its Aioi shipyard.
      576 words
    • 237 13 THE MAIN passage of Miri Customs Wharf has collapsed under the weight of a mobile crane. The Wharf Labourers Union chairman Ling Koh Hee called an immediate halt to the stevedoring service. For safety reasons, he said, the union's 132 workers will temporarily
      237 words
    • 552 13 Shipping LiM C#l Adriatic IV 5 Afea VI 3 All trans VI 5 Alpac VI 5 Angkutan VI 4 Angonave VI 2 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
      552 words
    • 174 14 ONE of the most versatile and unusual vessels to appear in Brunei waters will arrive in Kuala Belait Roads at the end of this month. Pacific Protector will be operated by Swire Pacific Offshore on contract to Brunei Shell Petroleum as a rescue and firefighting
      174 words
    • 440 14 HAVING caused a deepening rift in the Pacific trades by splitting from 12 eastbound conferences and rate agreements to fight the outsiders at their own game, Sea-Land Service is now turning its guns on the proposed Unctad liner code. Sea-Land chairman and chief executive officer, Mr Charles
      440 words
    • 1001 14 REIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel s esUmated time of arrival is advised bv the ShlDDlng Line/Agent and is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the
      1,001 words
    • 1432 14 BUSINESS appeared to be turning quieter last Friday and in the North American grain sector brokers reported a definite softening of paid rates. A 25,000 tonner was fixed for US Gulf to the Philippines at 553.50 fio or about $1.50 below a similar fixture around a week ago,
      1,432 words
    • 1432 15 EUROPEANS DISMAYED Seatrade THERE must be a great deal of grim satisfaction on the faces of Pacific operators at the USSR's decision to pull out from most of its trans-Pacific trades on July 1. But there is growing alarm among the European and Far
      Seatrade  -  1,432 words
    • Article, Illustration
      523 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Alioth (after Vega) 29/30 Bunga Melor (aft Nhaj) 1/ 2 Bunga Bindang (1730 after Kinabalu Limabelas must vacate 25th/1500) 19 Centaur (Passenge) (0600) 6/7 Galich (0600) 5 Golden Source (0600) 36 Hoegb Orris (1200) 33/34 Lumut (0600) 20 East Maria Makiling (after
      523 words
    • 3205 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      3,205 words
    • 352 20 THE STIPULATIONS govS firing registration of ocwegian ships under foreign flag will in all probability Be relaxed, after recommendation from a committee appointed by the government to look into the matter. The chairman of the Norwegian committee, State Secretary in the Ministry
      352 words
    • 298 20 Reuter IN the absence of any major disturbances, the period to 1982 should be one of relative stability and prosperity for the shipping market, terminal operators, the research arm of the Eggar Forrester group said. Cargo movements are calculated to increase 12.38 per cent
      Reuter  -  298 words
    • 462 20 TOTAL production of TEU containers (designated as 20ft equivalent units) in Japan since production started 13 years ago has now exceeded one million units and it is estimated this represents just under 50 per cent of the world TEU-total. It has not been
      462 words
    • 138 20 Tke 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/AUSTRAUA): Australian National Line. Australia/Straits Container Line. Nedlloyd
      138 words
    • 1494 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. Taepfer Sea Consortium (S)/hfarintex Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg and Trading
      1,494 words
  • Page 13 Advertisements
    • 314 13 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS rtKSIAN Sea Page V lARDINF AMAH f Orient Overseas Co*iku*teA Line r> rToii K COMMA*** 171 0. EXECUTIVE 23 E OttNTAI «CHANT SE OWENTW EWOUTEU 7E OBEJfIW.
      314 words
    • 293 13 SEALORD LU ANTAH H K. UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES FULLY CONTAINERISED SERVICE S'pore Loading for Dubai (8/7), Dammam (10/7), Kuwait (12/7). Abu Dhatx (14/7), j Bahrain (16/7), Mina Qaboos (18/7) Doha (20/7) Mina Qaboos (26/7). Dubai (28/7) Dammam (30/7). Kuwait (1/8), j Abu
      293 words
    • 24 13 CONTAINER Schedules n LONDON Freights D/HI SHIPS In Port m SHIPPING List VH REGIONAL Weather vm WHO Acts For Whom vm THE Consortia VTTT
      24 words
    • 799 13 Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. EXPORT TO U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA AND ASIAN PORTS MamkHnto 25-26/6 26-27/6 ANNA MAERSK* 4/7 20/7 31/7 3/8 M 7/8 MicrtPnto 29-30/6 30/6-1/7 ALVA MAERSK 8/7 27/7 7/8 10/8 11/8 14/8 J?* 0 7/7 W
      799 words

  • Page 14 Advertisements
    • 652 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG Mi], HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALA YSIAN MTFRNA TtONAL SHPP+IG CORPORA TON BERHAD Container Senrice To Europe Feeder *P Kelang Vessel Spore 1) Mseilles 2) Rdam 3) H'btirg 4) Oburg B. DAH.IA Sated
      652 words
    • 248 14 BIS SUPERCARRIER SERVICE Barter Mucsca WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA ft. Kate* ftta tSTOK CU Km M Ctatn BMHtntUN *25/8 23/7 2/8 6/8 8/8 4-4/7 5-6/8 26/8 1/9 4/9 5/9 BMK* m *9/7 17-18/7 17/8 22/8 24/8 Bmare N Tort Baston St Mn R. Ort.
      248 words

  • Page 15 Advertisements
    • 662 15 Overseas 1 Containers Limited Weekly service to/from UK/Europe Si STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok CONTMNERSHP SERVICE TO UK/CONTMENT: Spore P-Kclan 23 kp 2t lun 29 Jui Hanfeurf Eipreu 30 Jui City ot EdMu[ 4 JU Cardial Bay Larp Bar 12 M Bremen Eiprets It JU
      662 words
    • 257 15 Franco Belgian Services (Ffir East French Service with Belgian Far Enstern Lines.) imcmhri ot aCE consor t iu c.m.c.r. UR EAST FRENCH SERVICE Compjqn Maritime Des C*>a'geu'«» spurns (member o* MED CLUB' £> Seatrain Pacific Services S.A, SINGAPORE ENQUIRIES *****44 CFS *****41 Terminal *****36 Opt org Shipping Pte. Ltd. Kuala
      257 words

  • Page 16 Advertisements
    • 644 16 rHapag-Lloyd TO lOITH EUROPE nai mwoip ewes mwci Kirama Mani 28/6 Hjirtwi Express 30/6 C*T <* E <M»|*> 4/7 Canfgan Bar Largs Bay 12/7 Bremen Ejjrm 18/7 TO lEDITBWANEA PULL HKBS stmt Owtrfcr IM 25/6 26/6 mpmc* VI 3/7 liakata Mam 13/7 15/7 TO NORTH EUROPE/MEWTBM ANEA Pen Bilbao Onoa
      644 words
    • 759 16 KOREA LINE SHIPPING CORPN t. Kelang PENANG STORE EGA 149N SiW M Port/24 June FROM BUS AW BANGKOK VEGA 150E Saied In Port/24 June TO BUS AN INCHON ALTAI 153W 13/16 My 17/20 July 21/24 My FROM BUSAN BANGKOK ALTAR 154E 13/16 July 17/20 July 21/24 July TO BUSAN KSC
      759 words
    • 461 16 ©EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR: HAMBURG, FELKSTOME, ROTTERDAM ANTWR9. LE HAVRE ALSO ACCEPTMG CARGO FOR: UNTTED KMGOOM SOUTHAMPTON. London, manocster. birmmgham. BRISTOL. LIVERPOOL. GLASGOW, LEEDS. WEST GERMANY mom* HOLLAND AMSIUUAM EwLfM 27 Im II Mr U M|f 11 Mr 22 Mr 23 Mr
      461 words
    • 947 16 Everett Lines/1 B«nw Ftvt Star Corpn. "BURMESE NATIONAL LINE" IAAfMMC FOB BAMCnrtii mmimm B.F.S.SC LOAOM6 FOR RANGOON rfm rum h Pert/24 M 21/21 M 30/1 My Aoann in Matoywo BOUSTEAO YklioS KL. *****2/*****9 CompMM ArfMitiiM Dt toman ißttmntinMiui S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOMXNG FOR DURBAN, CAKTOMf M
      947 words
    • 574 16 r UO.S.E. 1 OCEAN SHIPPING ENTERPRISES PTE LTD. IS3 SANKYO LINE AUSTRALIA SERVICE MAT CMP.. mat rata Sa«**t P. Ite| Im*| tar. k Part 27/21 Jim STD MEL AOO. 11/20 My 21/22 My STD. MEL MO. BANGLADESH SERVICE MAYPtMCE--25/8-2/7 CNTTAfiONC. CNMJM JAPAN/STRAITS SERVICE OWUIM MMU (MSB PMNCE SMKOU MMUI SOO«l
      574 words

  • Page 17 Advertisements
    • 1047 17 L. PIL GROUP J EAST AFRICA/REDSEA SERVICE kota ma KOTA CANTY »|«n 11/15 A* 10/15 Aug Dares Salaam Mombasa. Bododah leddad Port Sudan Mogadiscio Jeddah Hodeidah Aqatxa SW« PAdwg 5/11 Jtfy COLOMBO/KARACHI/P. GULF SERVICE HOT* RAJA 25/30 June Colombo Karachi tfna Qaboos Bombay KOTA SABAS 10/15 My Dubai Kuwait Karachi
      1,047 words
    • 635 17 BEN LINE CONTAINERS I jTTi annas ST tonian Express H"BURG B HAVEN Germany Austria tfBURG BHAVCN ROAM Maw W Germany Austria Antwerp 71/7 21/7 24/7 11/7 21/7 21/7 25/7 27/7 21/7 M/ 7 21/7 I/I 30/7 .2/1 4/1 5/1 I/I 11/1 12/1 (TOAM HAVRE SOTON 9enetai France MUK P Maw
      635 words
    • 708 17 f Scan Dutch? WEEKLY EXPRESS CONTAINER SERVICE m I I (t rf 5 r H 4 i i 9 f 9 f 5 Sf f I 1) Barcelont Gmm. Lafkon 2) Lmrpoal. U-K. Canart M linn, Brwwrtieien. Aartu. AAleodv FROM SCAN/NC/UK/MED S>" I l)N-Mta7)r«Mi 3)tft«|4)C'kwi 1/7 14/7 21/7 22/7 2«/7
      708 words
    • 507 17 Si i\ 4 A js| ft "I i v 9 i d k d f BOUSTEAD SHIPPING AGENCIES \W BANK LINE w FOR REUNION ft SOUTH AFRICA STREAMBANK BEAVERBANK KUANTAN 1& SWGAPORE 13 eta Reunion 26 Durban 1 Capetown 8/1 Pt Eta 11, (also accepting East London cargo) Lykes/<> Lines
      507 words

  • Page 18 Advertisements
    • 815 18 K line KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES j TO NORTH AMERICA Cartws acceptable Oakland. VancaiMr. PortanH, Horntai. 6amton. He. Orteara. Bcston St. W*. rMaitaplu. Nortofe. BaKiiwe Uimm*. Uciwnrfc TO EUROPE 0 CHKf 20* SS BTOGf ?m N CORAL 19* (accepti< cipn to Scantfnana «a ttantef) FROM EUROPE TO
      815 words
    • 487 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Lm*| tar LOS MSLES, SAN FRANCISCO. SEATTLE. TACOMA. VANCOUKR. B.C. •(Hpai| Fa/Fa CwhMen P MM* Smppor< I fat*! NMt 24 Mm 25 An 21 Mr NU 17 M| 12 ta| AUSTRALIA EXPRESS CONTAINER SERVICE Act**| Fa/Fa CartMNti NEW ZEALAND SERVICE r. Mm IYTTUTO*
      487 words
    • 584 18 H (iI'OIIII SINGAPORE SHIPPING AGENCIES PTE. LTD 20TM FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****? 13 LINES GENERAL *****1 (14 LINES' TELEX RS 7459b RS ***** A B CARSHIP CABLE CARGOSHIP :i :i rruiii LLP Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK S PORE (Wed) 25/24 Jun 2/3 My 9/10
      584 words
    • 654 18 m V) i/rn GRAMARD LINE INDEPENDENT ATTRACTIVE RATES mediterranean sea service ALSO ACCEPTING CONTAINER CARGO FCL O\LY FOR PORT SAID. ALEXANDRIA, BEIRUT LATTAKLA LIMASSOL ISTANBUL PIRAEUS Specially engaged agents <ft stevedores providing immediate discharge PJ(eiang MV. MM TAT V. 31E M.V. WW SMC V.35E S'bm FORTIK ST* V.3RM 2I)» MM
      654 words
    • 751 18 INTRASEA (PTE) LTD. Faber House 234E Orchard Road Singapore 9 Telephone *****11 *****57 43 .7 M .19 M 23 M 9ta| 12 Aug REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'prt P. toa« Lm*c tar 10NR879 lon 30 tan BOULOOI/ immot, ROTTERDAM/UK (AVON) MM LEMO RM2 7 fed WTTTOMI MSMRBOS
      751 words

  • Page 19 Advertisements
    • 393 19 o NEPTUNE ORIENT UNES LTD TO EUROPE/UK (VIA SUEZ): K. JACEWON HK CONTMNER. 0. CHEF S.S. BUDGE C. CONTAfO 27/7 K. IACEJM 1/8 Container feedered to/from F'stowe Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ): S S BRDGE Saileti N. CORAL Sailed C. CONTAINER Sailed K. JACEJW Sailed TW
      393 words

  • Page 20 Advertisements
    • 251 20 UNISON SHIPPING (PTE) LTD 701 703. 7th Fl Bangkok Bank Building 180. Cecil Street. Singapore 1. Tel: *****77 9 (3 Lines) *****%/ (2 Lines) *****39 ETA ETD MX UNSON I ki Port 25 June M.V. UNSONI 14 July 18 JJy DCSTWATION Ujung Pandant, Bandjarmasin Baflipapan, Samarinda, Bandjarmasin THE NEW STRAITS
      251 words
  • Page 20 Miscellaneous
    • 161 20 Hi Regional Weather h SBfiSSK» w at *7 xw >• M B X f J f: y?. *+\OTLv 7 l 32 j 9 w K* Is SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. c (J Op w tu... Wind direction with speed in knots Dew point C
      161 words