The Business Times, 3 July 1980
1980-07-03
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The Business Times
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Title Section10 1980-07-03 1 BUSINESS TIMES M.C.(P) No. 111/1/8# THURSDAY, JULY I,IIM SO CENTS10 words
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BRIEFLY...
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Article52 1980-07-03 1 DIRECT telephone calls can now be made to ships in the Indian ocean from Singapore through the Marisat telephone service. The charge is $113 for the first three minutes and $33 for each subsequent minute. Ships in the Atlantic and Pacific Oceans can also be reached by the52 words
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Article80 1980-07-03 1 Reuter HONGKONG, Wed. The Hongkong gold futures market is scheduled to open on Aug 19, after obtaining advice from the Chinese calender that it is an auspicious date, Peter Scales, chairman of the Hongkong Commodity Exchange, said. The proposed gold futures contract, which has been approved by theReuter - 80 words
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Article84 1980-07-03 1 Reuter A GROUP of 293 Vietnamese refugees, picked up from the South China Sea by two ships, landed in Singapore today after the US had given a guarantee to give them permanent homes, a UN refugee official said. The Akuna, which belongs to the American charity organisation,Reuter - 84 words
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Article64 1980-07-03 1 UPI ONDANGWA, (South-west Africa), Wed. All South African troops have been withdrawn from southern Angola after a two-phase operation lasting more than three weeks in which more than 300 Swapo troops were killed, an army spokesman said. The spokesman told visiting local and foreign correspondents that two mainUPI - 64 words
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Article73 1980-07-03 1 AFP BANGKOK, Wed. Thailand has urged the United Nations to send observers to the ThaiKampuchean border in view of the tense situation following the Vietnamese incursion last week. The call was made in an official statement on the incursion to be circulated at a UN GeneralAFP - 73 words
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Article60 1980-07-03 1 AP CAIRO, Wed. The deposed Shah of Iran was In such poor condition before his lung operation two days ago that Egyptian officials feared he would die at any moment, sources close to the presidency said. President Sadat, who flew from Alexandria to see the ailing ShahAP - 60 words
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Article60 1980-07-03 1 AP NEW YORK, Wed. The stock market pushed ahead this morning. The Dow Jones average of 30 industrials rose 1.45 points to 873.72 in the first half hour. Gainers outnumbered losers by a 5 to 3 marein among New York Stock Exchange-listed issues Analysts have noted a revivalAP - 60 words
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Article140 1980-07-03 1 Rises Straits Trading 750 30 Rirsrview 280 28 Syn Resins 356 24 H K Land 650 20 Pegi Msia 264 13 Hwa Hong 118 12 Eu Yan Sang 232 11 M U I 1080 10 U M W 263 9 Ming Court M Flour 348 8 218140 words
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Article, Illustration135 1980-07-03 1 Falls Indices Malayan Tin 3700 -100 Jul 1 Jul 2 *****.*****76.72 C Sugars Magnum Corp. MUTlnd. Kamunting 660 -35 B.T.Index: 920 -35 Industrials: 639.41 634.88 1070 464 -30 -26 Finance: Hotels: 919.68 909.66 379.71 379.52 Kg. Laniut WandPen Gen ting P.M.C. 575 590 635 850 -25 -20 -20135 words
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731 1980-07-03 1 FONG MEW LENG - NPB RELEASES GUIDELINES By FONG MEW LENG THE National Productivity Board has released a set of guidelines to help employers identify above-average performers who, under the new NWC recommendations, would qualify for higher pay increases than average workers. The guidelines cater more to the needs of731 words
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183 1980-07-03 1 PRIME MINISTER Lee Kuan Yew leaves for Indonesia today for a three day informal visit at the invitation of President Suharto. The two heads of governments will meet in Jogjarkarta for an exchange of views on bilateral, regional and international developments. He will be183 words
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493 1980-07-03 1 IT WOULD be unhealthy and unnecessary to confine university education entirely to vocational studies and to exclude totally all liberal or humanistic aspects of learning. However, Dr Tony Tan, Minister for Education and Vice-Chancellor of the National University of Singapore, emphasised that in the context493 words
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Article169 1980-07-03 1 THE OUTLOOK for the mining industry this decade is far from cheerful inspite of the more promising performance recorded last year. According to the Mining Annual Review, 1979 has been a better year for mineral producers than 1977 or 1978. The report said that despite the demand,169 words
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268 1980-07-03 1 THE gaii market y eaterday saw a raa-ap to prices by ahaat USSIi per •uee te reach a high af UBHTI whea the Earepeaa eeatrea apeaed. Balltob seatimeat whed prices ap to US*» fram the Far East epealag level af USHM. Despite268 words
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Article449 1980-07-03 1 ALVIN TAY - By ALVIN TAY BORROWERS will now be able to get bousing loans at cheaper rates in view of the lowering of interest rates during the last few weeks. Several finance companies and two American banks have already announced lower rates for housing loans. Hong449 words
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Page 1 Advertisements
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Advertisement0 1980-07-03 1 -*+!*)<%'=;)(`'^;+;<%.`\$;]]@&,0 words
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Advertisement194 1980-07-03 1 DESTINATION: USA OSES® Swift Cargo Shipping from the U.S.A? Meadows' Got the Right Connection Mwdowi freight forwarding services from the West Coast U.S.A. to Singapore is the Kind of connection that combines the safe, the efficient and money-saving means. Regardless whether your cargo is big or small. There's also connecting194 words
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Advertisement56 1980-07-03 1 Pall text Hd leader...Paget SHIPPING TIMES PBOBPECTB for the >vhttw TAKING stock «f chaages at laiastry J Malayaa Credit 11 HOWteJdeflttfy the aheve-aver- DIFFICULT time akml fer BOLE «f CPF la the private WHY Heagkeag experters are •eeter 7 sqaeeeed It AIRCRAFT t, TV AND RADIO CROSSWORD WHERE TO WINE56 words
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Advertisement50 1980-07-03 1 BANK VMJU SAFE DEPOSTT Leader Page C w *w < V--4 <*■ v% ."7 BE 33 S3 IP ig^l 6S*£ (Zh. K: &h&m* 5* V x;_a--4 *r w-. f Vr II :J. J Ml' <« ll ill i 9& »i '.gJPS jc: Call *****11 Mr Felix Atienza, Mr Val Anion50 words
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TRADE AND INDUSTRY
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534 1980-07-03 2 LEE YOKE MENG - By LEE YOKE MENG SINGAPORE'S aviation industry is in for another fairly trying period, judging from Singapore Airlines' forecast of zero profit for this year's operations. High costs, especially of fuel, and a worldwide recession continue to loom over the industry. It is therefore unlikely534 words
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Article102 1980-07-03 2 THE National Productivity Board (NPB) is conducting a course on performance rating from July 14 to 18. Rating is the comparison between the level of performance observed by the work study man with a standard level in mind. Another course, also starting on July 14, is102 words
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Article89 1980-07-03 2 MR Kenneth Patteson, former regional director for Hertz Asia Pacific, has been appointed vice-president and general manager. His new appointment took effect from July 1. Mr Lynn Strouse, who currently holds the position, will work for Hertz International's Australian licensee as chief executive. Mr Patteson, an Australian,89 words
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Article, Illustration111 1980-07-03 2 THE FIRST batch of 400 bus bodies which SBS ordered from New Zealand arrived last month in knock-down form. Subsequent batches will be shipped here regularly by Nedlloyd Lines in the coming months. The first batch was delivered to the SBS workshop for assembly by technicians111 words
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Article198 1980-07-03 2 A NEW port is on the cards for Miri under the Fourth Malaysia Plan. Chief Minister Datuk Patinggi Tan Sri Haji Abdul Rahman Yakub said a consultant would be engaged to identify the possible sites for the port. He said that a site at the198 words
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252 1980-07-03 2 PENGUIN Books has recently released an updated (third) edition of one of the many titles in its popular reference book series, The Penguin Dictionary of Civil Engineering. This English dictionary of modern structural terms is metricated to a large extent but not completely. At the252 words
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Article, Illustration453 1980-07-03 2 THE recession in the United States is probably having a faster than expected impact on the tourist traffic in the Far East. In the case of Singapore, statistics from the Singapore Tourist Promotion Board (STPB) show that the number of US tourists coming to453 words
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634 1980-07-03 2 EXCESSIVE government control of the business environment is slowing down Malaysia's pace of industrialisation and hindering the modernisation of companies, the Federation of Malaysian Manufacturers (FMM) said. This situation, resulting from rigid implementation of the Industrial Coordination Act (ICA), must be remedied by634 words
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Article526 1980-07-03 2 SEMINARS AND COURSES July 3-4: Job Evaluation, Shangri-La, Price Waterhouse July 7-8: Business Law n, Hilton Hotel, Consulasia July 10: Credit Management, Shangri-La hotel, Aoumen Credit Services July 10-11: Mini-Computer Applications Seminar, Hilton Hotel (Japan Room); Medora, Tong, Chow AssociatesTouche Ross International July 12: Industrial Relations Workshop, P.O.D526 words
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Page 2 Advertisements
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Advertisement148 1980-07-03 2 Who needs a computer r K to automate the Accounts Receivable System? You don't -Not with CPS You can automate your Accounts Receivable (AR) System with CPS at a one-time fee of 553,500.00. You do not need expensive computer professionals to automate the AR System. Your AR reports are produced148 words
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REGIONAL
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297 1980-07-03 3 Reuter THE OIL shale industry could make Australia not only self-sufficient in oil but a modest exporter by the *****, the chairman and managing director of Rundie Twins Southern Pacific Petroleum and Central Pacific Minerals, Mr lan Mcfarlane, said. But heReuter - 297 words
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271 1980-07-03 3 AFP AUSTRALIAN stocks, as reflected in the Sydney and Melbourne stock exchanges, are gaining from the recession in the United States and Western Europe. In the view of experienced brokers, Australia has become "a last haven". Portfolio investment is coming from London, the US,AFP - 271 words
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Article150 1980-07-03 3 Reuter JAPAN'S Daiwa Securities said it has signed an agreement with Beijing's Economic Development Corporation to help modernise the Chinese capital and develop industry and tourism. Daiwa will arrange joint ventures, advise on international finance and exchange information and trainees. Daiwa said the corporation, set upReuter - 150 words
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221 1980-07-03 3 Reuter A NEW YORK public relations company has signed a contract with the Chinese Foreign Trade Ministry which will allow it to produce an advertising supplement to the Chinese magazine International Trade News during a US trade exhibition in Beijing in November. Louis Sharpe, presidentReuter - 221 words
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Article186 1980-07-03 3 UPI CHINA has met its half year targets in both oil and coal output. The official Xinhua news agency said the country's railroads have also met passenger and freight quotas. China will produce 106 million tonnes of crude oil this year, the same as 1979,UPI - 186 words
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THE REGION IN BRIEF
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Article420 1980-07-03 3 Agencies THE largest-ever Japanese import-promotion mission to South Korea will leave Tokyo on July 9 for a 10-day visit in an attempt to reduce Japan's huge trade surplus with South Korea. A ceremony was held in Tokyo to mark the formation of the mission consisting of about 120Agencies - 420 words
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Article, Illustration273 1980-07-03 3 Reuter VIETNAMESE-led forces in Kampuchea have sealed off much of the border with Thailand by planting mines. A Thai military Supreme Command spokesman said yesterday they had planted the mines between one and two kilometres from the border apparently to protect themselves fromReuter; UPI - 273 words
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287 1980-07-03 3 AFP CHINA appears to have shifted slightly its stand on the border dispute with India. The newspaper Hindustan Times reported the secretary in the Indian Foreign Ministry Eric Gonsalves, who visited Beijing last month, as being convinced there was ground now for ChinaAFP - 287 words
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Article166 1980-07-03 3 Reuter INDIAN Prime Minister Indira Gandhi has warned TnHian trade union leaders that the country's soaring strike rate was wrecking the economy. She said small groups in key sectors of industry such as the ports and railways were responsible for damaging, anti-social stoppages. India lostReuter - 166 words
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99 1980-07-03 3 Reuter INDIAN, Hongkong and Indonesian interests are setting up a US$3l million chemical manufacturing company in Jakarta, the Indonesian Board of Investments said. The joint venture comprises a partnership of J.K. of India, Asean Interest of Hongkong and PT Yogi Ray of Indonesia. TheReuter - 99 words
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623 1980-07-03 3 Agencies JAPANESE car industry executives yesterday agreed to challenge a US claim that the current plight of the American car industry is due to surging car imports from Japan. The agreement was reached among top executives of seven car makers, including Toyota andAgencies - 623 words
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Article388 1980-07-03 3 UPI THE JAPANESE government is seeking more oil imports from Iraq but industry sources yesterday said they plan to turn down an Indonesian offer to increase its shipments because its price is too high. Government sources said Mr Naohiro Amaya, director of the Japanese Natural ResourcesUPI - 388 words
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Page 3 Advertisements
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Advertisement9 1980-07-03 3 Tputc Cuisine ala Kashmir CmiVT KVay.yd>n Id: 561 S(»s9 words
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Advertisement208 1980-07-03 3 DBS Autosave. The best of both worlds. WRfyte By putting together two ordinary banking services, DBS has created a new and unique service. Autosave. A normal current account gives you the convenience of paying by cheque. But of course you don't earn interest on 1 money lying idle in your208 words
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RAW MATERIALS
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247 1980-07-03 4 AFP SEVERAL companies in Australia are to build an aluminium factory costing about US$625 million at Tomago, in Newcastle's New South Wales industrial zone, the French firm Pechiney Ugine Kuhlmann (PUK) announced on Tuesday. PUK will take part in the venture through the intermediaryAFP - 247 words
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Article126 1980-07-03 4 IN Kuala Lumpur, prices eased further on reports of plentiful oil stocks despite Indian enquiries, dealers said. In the central region, July: and August dropped Mss each to $815 per tonne. The southern region slipped $2.50 to $817.50 for July while the northern region was unchanged for both126 words
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Article331 1980-07-03 4 SINGAPORE: Yesterday's closing prices in S$ 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 no331 words
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Article319 1980-07-03 4 IN Singapore, the market closed quietly steady with July One RSS buyers quoted at 289.50 cents per kilo, unchanged from Tuesday's close, dealers said. Morning prices were marked down slightly on some July liquidation and trade selling, they said. Afternoon prices were steadier on shortcovering interest, upcountry and speculative319 words
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Article305 1980-07-03 4 R.A.S. prices In cents per kilo yesterday: Noon (per Ulo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 288.00 289 OON Int. 1 RS.S. July 289.00 290.00 Int. 1 R.S.S. August 290.00 291.00 Int. 2 R.S.S. 282.50 283.50N UK/Cont 281.50 282.50N Int. 3 R.S.S. 279.50 280.50N UK/Cont 278.50 279.50N305 words
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Article111 1980-07-03 4 NOON SSR and SMR phc aa yeeterdajr RA8 SSR 20 SSR SO (1-too pa (1-ton pa Jlet) ilet) Jnly (Cnrreat Mtk) Barer* Sellers 206.00 268.00N 263.00 26S.00N A afiit (Forward Mtk) Bayers Sellers 267.00 260 OON 264.00 266.00N MULB J»ly AlfMt SMR CV SMR L SMR 5111 words
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Article103 1980-07-03 4 THE atralta fli price to Pwt yesterday flrmed MJll per pftcal to $11 aheve the lateraattoaal Tta Agreement eeiOif, dealers nii Baylag lieretied slightly tram all aearcee toltowlag aews that the US Geaeral Service Administrattoa rejected all tower Uda at the first stockpiled tia sale sf SN toaacs103 words
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Article37 1980-07-03 4 Rubber: July 2 Singapore: July: 289.50 cents (unchanged) Malaysia: July: 294.50 cents (up 1.00 cent) Tin: M 52,160 (up $10) (equivalent to $35.71 per kilo) (up 16 cents) Official offering: ***** tonnes (down 13V4 tonnes)37 words
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Article149 1980-07-03 4 THE Chicago Board of Trade soybean futures rallied to close up US2 to 7 >/j cents per bushel on a 13 cent range for November on Tuesday. Prices were lower at the start on long profit-taking and disappointing exports but quickly rallied on commission house buying, traders said. Reports149 words
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Article193 1980-07-03 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cottsa yara: China Blue Phoenix 20b 2,190; 32b 2,580, 408 2,860 (per bale of 400 lbs). Piece goods: otna Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article174 1980-07-03 4 CHINESE Predaee Exchange, Sbgapare, aooa elaalag prices per ltlkg yesterday: Caeaaat all: Bulk fob 137.00 sellers, old drum (in second hand drum) fob $147.00 sellers, new drum fob 1153.00 sellers. Capra: Mixed (loose) 184.00 buyers. Pepper: Muntok white pepper fob Asta NLW $455.00 sellers, Sarawak white pepper faq174 words
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Article251 1980-07-03 4 THE Chicago Board of Trade wheat futures closed up USS v* to 9 cents per bushel on Tuesday, with a 15 cent trading range in July. After opening lower on new crop hedge pressure, exporter and professional buying lifted prices for net gains, traders said. Local unwinding of long251 words
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Article90 1980-07-03 4 Reuter THE US General Services Administration said it has rejected all bids at its first offering to sell 500 tonnes of tin held in the US stockpile. GSA said the bids were unacceptable. The agency reported that the bids received on Tuesday ranged from US$3.9OReuter - 90 words
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Article973 1980-07-03 4 COFFEE: Robusta futures closed the morning quietly mixed at £10 up to £1 per tonne down from Tuesday after opening gains of upto £18. Turnover was 2513 lots including nine options. Dealers said producer group selling after the opening trimmed the earlier gains, taking values back- to around973 words
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Article152 1980-07-03 4 Reuter THE price of copper leapt by £20 to £918 a tonne on European metal markets this week after the strike by the US copper workers. The workers walked off their jobs across the US on Tuesday after union and industry negotiations on a new three-year wagesReuter - 152 words
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ASIAN STOCKS
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Article605 1980-07-03 4 TOKYO Source: DBS-Daiwa A LIMITED number of small-to-medium sized speculative stocks was the centre of attraction yesterday, bringing the market higher at the beginning. However, because of the prevailing apprehensive mood, it closed below the day's high. Due to the loss of leadership for the LDP, blueSource: DBS-Daiwa - 605 words
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Article345 1980-07-03 4 Source: SHK See THE market took fright this morning as strong rumours circulated that a rights issue was imminent from Hutchison Whampoa. Short term traders scrambled over themselves to liquidate in the same way they were trying to buy on Monday before the holiday. All sectors were hard hitSource: SHK See - 345 words
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Article421 1980-07-03 4 ANOTHER inflow of overseas funds into the oil and gas sector helped underpin a firmer Sydney stock market yesterday. But profittaking took most shares off their highs. Trading was again dominated by stocks associated with the Woodada gas find in Western Australia with Haoma adding A9O cents to $3.50421 words
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Article250 1980-07-03 4 STOCKS closed mixed in low turnover and weak trading yesterday, dealers said. Bangkok Bank fell two baht to 296, Industrial Finance Corp rose one to 119, First Trust dropped one to 73 and Mah Boonkrong Drying and Silo closed unchanged at 193. JUI.Y 02 Bali Is Am.i Credit Asia250 words
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Article101 1980-07-03 4 JULY 02 A«ojr Mining 0064 unch Alias Con A Atlas Con B 4225 1 Buguio («old 0058 -0 0002 B«*ngurt Con B 9b 50 0 5 BK Goodrich MOO 0.2 CIICP Inro B 1-and oil L**panto B 16 unch Marinduqu»* B 12 JO 1 Mrratro Oriental A Or it*101 words
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Article54 1980-07-03 4 FINANCIAL TIMES INDUSTRIALS Tuesday 461.4 Monday 464.8 Week Ago 462 7 DOW JONES AVERAGE INDUSTRIALS Tuesday 872.27 Monday 867.92 Week Ago 877 30 H.K.HANG SENG Wednesday 1037 71 Tuesday closed Week Ago» 1007.51 SYDNEY INDUSTRIALS Wednesday 685.21 Tuesday— 682.95 Week Ago- 672.28 ALL ORDINARIES Wednesday 915.07 Tuesday 911.3454 words
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Page 4 Advertisements
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Advertisement87 1980-07-03 4 w rmWv SINGAPORE 3-12 OCTOBER 1980 ANNOUNCEMENT This is to announce that the Asean Trade Fair '80 Organizing Committee has appointed Times Periodicals Pte Ltd as the sole publisher of the Official Fair Catalogue of the ASEAN Trade Fair *80. The catalogues will be distributed to buyers visiting the Fair87 words
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OVERSEAS
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402 1980-07-03 5 Reuter THERE may be an oil glut in 1981 which will cause a slight fall in prices. The welcome news, from a group of economic forecasters, would come about as a result of a cut in demand caused by deepening world recession.Reuter - 402 words
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366 1980-07-03 5 Reuter NATURAL gas prices should be similar to oil prices because of the high cost of processing gas and its advantages as a fuel. And the Organisation of Arab Petroleum Exporting Countries in its monthly bulletin called for more cooperation and coordinationReuter - 366 words
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Article809 1980-07-03 5 ARRIVALS Service Local Operator Number Time i From SIA SQ580 0710 MAA MAS MH601 0700 KUL SIA/BA SQ BA17 0715 LHR/BAH MAS MH621 0835 PEN SIA SQ101 0815 KUL RBA BI421 0930 BWN MAS MH671 .0930 PEN/KUL MAS MH605 1000 KUL SIA SQ211 1000 HLP CPA CX710809 words
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Article, Illustration330 1980-07-03 5 UPI UNITED Nations Secretary General Kurt Waldheim made an unexpectedly impassioned attack on South Africa on Tuesday at a summit conference of black African presidents and prime ministers. The black leaders attending the 17th annual summit conference of the Organisation of African Unity were alsoUPI; Source: AP - 330 words
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Article210 1980-07-03 5 Reuter COMPANIES should be allowed to buy their own shares to assist in establishing independent private companies and encourage the better use of available investment resources, UK Trade Secretary John Nott said. Publishing a consultative document "The purchase by a company of its own shares", Mr NottReuter - 210 words
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185 1980-07-03 5 Reuter A TWO-YEAR Congressional study of the steel industry has concluded that troubled American steelmakers can be revitalised at a cost of US$3 billion a year in new capital expenditures. The study released by the Congressional Office of Technological Assessment said the 50Reuter - 185 words
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WORLD IN BRIEF
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Article463 1980-07-03 5 Agencies THE SONG "O Canadawas officially adopted as Canada's national anthem on Tuesday at a National Day ceremony in Ottawa, attended by GovernorGeneral Eld Schreyer. At midday, guns in Ottawa, Montreal, Toronto, Vancouver, Halifax and other cities sounded a 21-gun salute to welcome the new anthem, while PrimeAgencies - 463 words
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523 1980-07-03 5 Reuter TWO days of blunt taiiring with the Russians by West German Chancellor Helmut Schmidt have failed to budge the Kremlin's stand on Afghanistan but may have brought East and West a step closer to talks on limiting nuclear arms in Europe. Mr SchmidtReuter - 523 words
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Article417 1980-07-03 5 Reuter ECONOMIC conditions have deteriorated over the last month, with production and employment falling and prices still rising. The American National Association of Purchasing Managers said 58 per cent of the managers responding to its June survey reported a decline in new orders, up from 55Reuter - 417 words
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Page 5 Advertisements
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Advertisement130 1980-07-03 5 WITH AGE E HIGH ENERGY ROOtif AIR CONE ENCY RATIO R Model: AF 910 MA WHAT IS ENERGY EFFICIENCY RATIO ALLABOUT? ;'sy. f i '.v The EE.R. of an air conditioner is a measure of its efficiency determined toy dividing the capacity (KCal/hr BTU/hr) by the electricity (watts). Therefore Ihe130 words
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Article346 1980-07-03 6 THE National Wages Council, in recommending the two-tier wage increase, has offered some examples of the criteria by which the above-average workers might be identified. Quite obviously, it is an ill-advised move because in suggesting criteria such as attendance and punctuality, the Council drew well-deserv-ed scorn and346 words
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Article407 1980-07-03 6 HOUSE-BUYERS should be the main beneficiaries of the current decline in interest rates which has resulted in lower interest rates on mortgage loans. This is a benefit which noone should begrudge them. Home ownership is potentially the most stabilising force in any society. And if lower407 words
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Article1299 1980-07-03 6 THE NWC has recommended a two-tier wage increase to give recognition to aboveaverage performers. A sum of $33 plus V/i percent has been recommended for average performers. In addition, the above-average performers will share 3 per cent of the June 1980 wage bill. The NPB has prepared1,299 words
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Article908 1980-07-03 6 Shareholder - Letter to the Editor Shareholder DEAR Sir, I would like to share my little observations concerning Malayan Credit with my fellow tiny, small and minority shareholders as follows. Facts and events to date: 1). The See Hoy Chan Group had purchased 17.33 per cent of the paid-up908 words
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Page 6 Advertisements
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Advertisement90 1980-07-03 6 This announcement appears as a matter of record only af SEA VIEW HOTEL LIMITED (Incorporated in the Republic of Singapore) t Rights Issue of $7,200,*****% Convertible Unsecured Loan Stock 1980/1985 Managed and Underwritten by SINGAPORE INTERNATIONAL MERCHANT BANKERS LIMITED The following also participated in the underwriting: Singapore-Japan Merchant Bank Limited90 words
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Page 6 Miscellaneous
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Miscellaneous1369 1980-07-03 6 Miss Piggy meets Elke THE ADVENTURES «f Mly). Sexy Elke Semmer IfM kctm Sleeptmg la Wamder W»m»a have is tfce geeet star aid eem- My Bed?". J flaally eaded, aid the Maes ker tkarma wltk lie story to akeat aa balky kalk to kaek. Davy Mtoe Piggy to give ail1,369 words
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920 1980-07-03 7 CYANIDE - FOBPM With CYANIDE NALLA Tan's column in the Sunday Times (June 22) on the United Nations unfortunately has presented only one side of a very complicated picture. Nalla concludes that one of the contributing factors to the weakness and ineffectiveness of the UN is920 words
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1055 1980-07-03 7 ALVIN TAY - The CPF could perhaps/ play a useful part .in j the secondary securities market, J8 where a spur to tradiimp would be more than IS welcome. At the samflr time, a prominent m banker has two ways private institutions could participate in1,055 words
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Article98 1980-07-03 7 EVERY dog has its day and in New York rather the taxpayers who have cause to be gleifuU at this turn of the table. JT The Internal Revenue Service (the Income Qx Department in our case) has decided to exanflhe whether their employees receive any prefereumal98 words
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Page 7 Advertisements
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Advertisement1576 1980-07-03 7 3 SGEI€T€ G€N€RAL€ HeedOffloac 29. Boutevafa Haussman. ***** Paris United Company founded in 1864 R.C. Paris 8552 120 222 Capital 1 *****9 000 francs. Reserves 1 *****0.000 francs Grcxjnd Floor, Titan Sing Towers 30 Robinson Rood, Singapore 0106 P.O. Box 724, Maxwell Road P.O. Tel: *****22 (General), *****66 (ftxex) Board1,576 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article217 1980-07-03 8 JU1.T #1 Pis ABM Ahbld 6150 -08 Akfb 23 00 -01 Algbunk 289 00 -2 AMKV 81 80 -09 A«i<us 104 00B Aw ratal k 64 80 -05 BrfsovN 39 00 -1.5 BwfL 86 00 BoU 55 10 -09 Borsunnj 203 00 3 Burntininn 63 70 -03 Hyehkorf 5550217 words
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Article97 1980-07-03 8 BT.BRLSSELS JULY 01 Frs FORWARD MARKET Am* 291 unch Arbf<1 1780 15 Atlur 441 unch Brascan 672 •2 Bru-l-amb 1450 >8 L a n par Cm 235 -2 in- Bt-frs 271 -4 Ebfs 1915 unch EI<*rtrot>*l 6140 -30 Gb-Inno-Btn 2380 -20 (let 1238 -16 liobok 2650 unch Prtro 505097 words
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Article276 1980-07-03 8 JULY 01 Frs CORBEILLE Air-Liquide ***** -115 B S N Gervais Dunune 1004 -23 C S F (ThomsonCsf) 475 -10 Cw Krancaise dfs Petroles 243-SOxd -19 *Compagnie Kinanciere Coinpugnie Generale 385 -4 8 Credit Foncier De France 436 Hachette iLibrairiet ***** -2.5 Machines Bull S3 -06 Michelin (B) 804276 words
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Article214 1980-07-03 8 JULY 01 Dm At»g-T>lefunken 84 .10 4.1 Akzo 2070 -0 3 Allz Leben 955 unrh Allz Vers 406 3 BASK ***** 2 2 Bay H T Wbank 243 -15 Bay Vbank 293 50 unch Bayer BBC BMW 117 60 309 20 153 00 B 07 *02 I'assella (.'hem Verw214 words
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Article190 1980-07-03 8 JULY 01 Krancs Actions Suisses 283 -1 Alusuis.se Br 1185 -J Alusuisse Reg 443 -2 Brown Boveri Br isa •10 Ciba (!rify Br 1145 -s Clbu Geigy P C 855 •15 C'iba Rf| 604 4 Credit Suisse Br 2195 unch Credit Suuw Reg 388 -2 Kfrktrowall Br 2375 -5190 words
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Article102 1980-07-03 8 JULY 01 Lire Ante 6 90 unrh Assoc Gtn ***** 1300 Baslogl 580 10 IVntniir ***** >445 Kul 1726 8 Kinsider e.25 -225 Orn Immob 66 50 45 IH Pri 2900 130 lUiUemenU ***** 615 Italgas 811 llalsidrr 322 unrh Magnrli M P1 507 •3 V.irHli Ere 330 10102 words
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128 1980-07-03 8 Reuter VICKERS Ltd's trading profits before interest are ahead of those at this time last year and the level of orders on hand lead the company to anticipate this advance will be maintained throughout the year. Chairman Peter Matthews told the company's annual meeting thatReuter - 128 words
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Article232 1980-07-03 8 JULY 01 Rand INDUSTRIALS A Alpha 355 5 Tig Outs 1580B Tongaal 600 Trust Bk 100 Un Steel 140 L'nmer 245 Woolworth 555 MININGS unch 10 unch 8 unch 40 Abrrrom AE And CI AMIC Barlows J4S 800 2425 I0W 10 unrh >25 5 4300B -300 Belfels 4 550232 words
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Page 8 Advertisements
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Advertisement327 1980-07-03 8 Where to wine, dine and entertain f* Less to pay on our Weekday Package! fidw long since you'ye bad a day to do absolutely nothing except laze? Now wfWn you coma on our special weefcday i noliday. you gat bed and txeafcfast plus all ma lime to yourself No activities327 words
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Advertisement173 1980-07-03 8 lubertug thrill For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday SIS 10% service charge 3% cess Javanese Rijstafel Saturday Sunday $lb 10% service charge 3% cess For reservations call *****77 JiC§) t'liluiA 1 'iirk HtlMTiiloii HOTELS AN[ NNS WORLDWIDE v, m s wc-t- c173 words
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Advertisement51 1980-07-03 8 See Page 4 for Asian stocks ahd Page 9 Ipr NYSE prices The Great Family Do-lt-\burself Barbecue. DAILY 4-COURSE Businessmen's Lunch S8 only y 1 Entertain your friends in royal style at our s EMPEROR'S ROOM Hotel Royal Mambar of KLM'a Gotdao Tulip HotaU Nawton Road, Singapore 1130 Tal *****51 words
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Advertisement114 1980-07-03 8 Roti Praia at the Hilton? Yes. And typically Cantonese dishes, too. Food from the streets of Singapore that's right up your alley. And if you care to. you can even watch our chefs whip up your order before your very eyes. All in the comfort of air conditioning. And Hilton114 words
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Advertisement323 1980-07-03 8 Just the place to be before a night out on the town. Loosen up and unwind with a long cool drink from our well-stocked bar. Music Time: 7.30 pm to 1.00 am nightly Business Hours: 11.00 am to 1.00 am nightly Happy Hours: 5.00 pm to 7.00 pm (20% DISCOUNT)323 words
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BANKING AND FINANCE
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352 1980-07-03 9 Reuter FOREIGN countries are removing an increasing amount of their gold from the New York Federal Reserve Bank. This was revealed by statistics compiled by the US Treasury Department. The TreaWy said 797,000 ounces of gold were removed by foreign countriesReuter - 352 words
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135 1980-07-03 9 Reuter CHINA has asked the International Monetary Fund for a "substantial" increase in its quota, monetary sources in Washington said. The country, which replaced Taiwan in the China seat at the fund on April 17, currently has a quota of 550 millionReuter - 135 words
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455 1980-07-03 9 Business Day THE PHILIPPINE Central Bank may set at 20 million pesos the minimum paid-up capital requirement for nonbank financial intermediaries with quasi-banking functions (or NBQBs) to operate as universal banks. To be covered by the requirement are investment houses and finance companies withBusiness Day - 455 words
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Article330 1980-07-03 9 A US$5O million syndicated loan for a leading South Korean commercial hank has been signed in Singapore this week. The eight-year credit for the bank, Hanil Bank, was arranged and managed by Citicorp International Group, Bank of Montreal Asia, Chemical Bank International Group, Crocker National Bank330 words
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Article1230 1980-07-03 9 NEW YORK Reuter A LATE rally on Tuesday revived a sleepy market and prices ended higher in moderate trading as oil, technology and precious metal issues scored some of the best gains. Analysts said investors were encouraged to do some bargain hunting by the weak follow-through to Monday'sReuter - 1,230 words
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477 1980-07-03 9 Alan Lern er - Alan Lern er The writer, AJam Lermer, is a vice-president and money market economist at Bankers Trust.) THE US$3.5 billion growth in M-1A money supply last week effectively dispelled any hopes of further easing in Federal Reserve policy for a while and477 words
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108 1980-07-03 9 Reuter THE COMMERCIAL Bank of Korea has opened a wholly-owned merchant banking subsidiary Korea Commercial Finance in Hongkong. The subsidiary has an initial paid up capital of US$l million which is expected to be doubled within one year. It will operate a full merchant hanking serviceReuter - 108 words
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Article449 1980-07-03 9 THE foreign exchange market was generally quiet yesterday with narrow movements registered at the major counters. From an opening of 219.30/50 against the yen, the US dollar hovered around that level before easing slightly to close at 219.15/25. Against the deutse he mark, the US unit started off449 words
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Article140 1980-07-03 9 THE U.S. dollar for overnight delivery closed weaker at 219.10 yen yesterday, compared with a 219.70 opening and 220.00 at Tuesday's close, dealers said. Trading was moderate with volume US$B36 million. The dollar slipped in slow late trading after early easiness reflecting its overnight New York close. Selling by140 words
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Article22 1980-07-03 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.5 per cent.22 words
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Article178 1980-07-03 9 Asian rates ASIAN currency deposit interbank rates as at Close on July 1: US Doll*n(8BO<) Offer Bid 7 days 9M 9vi 1 month 9M 9 Mi 2 months 911/16 99/10 3 months 911/10 99/10 0 months 913/10 911/10 9 months 915/10 913/10 12 months 915/10 9 13/10 Swita. Dm. Mi178 words
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Article46 1980-07-03 9 RANGE of prices offered by discount houses on July 1: Overnight: 6'4 15/19* Call deposits: «V. Ckosiac Bayiag 8*1UM 3-month Treasury bills 6H 6% 3 month Bank bills 9V« 8H 3 months CD 9 8"i 0 months CD B 15/16 813/18 Source: National Discount Co46 words
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Article43 1980-07-03 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of $70 million 91-day Treasury bills to be issued from July 7 to July 1L Each tender must not be for less than (250,000.43 words
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Article296 1980-07-03 9 IN Singapore, gold futures closed sharply higher compared yesterday with overnight levels in moderate trading, after the metal's sharp fall on Tuesday, dealers said. Opesing prices were marked up around US$lO an ounce following the metal's recovery in New York overnight and in Hongkong firmed further in late afternoon296 words
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Article199 1980-07-03 9 THE U.S. dollar opened weaker against major currencies compared with Tuesday's close, while sterling was slightly firmer, dealers said. Trading was very quiet, with a low turnover, and there were no new factors influencing the market. The dollar opened at 1.7600/10 marks and 1.6235/ 45 Swiss francs, after closing199 words
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Article124 1980-07-03 9 THE U.S. dollar ruled very steady yesterday in extremely quiet and featureless late trading, dealers said. The us unit stood at a late 219.35/45 yen, unchanged from earlier and marginally down on its New York close of 219.40/50, while sterling was quoted at $2.3587/97 from 2.3590/3600 and 2.3650/ 60.124 words
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Page 9 Advertisements
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Advertisement241 1980-07-03 9 I Lri ot essays f3^rv Asian The UPSKV S£TH 6 v/ nr a i? >. J^r/lLir on raw&lis ■<. v. f.ov f Was Chairman Mao a secret communist? Is America in danger of going capitalist? Do airlines discriminate in favor of baggage? Are you suffering from trans-galactic schizophreniaf Is the241 words
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1853 1980-07-03 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 ft COMMERCIAL Ac*a (3.1481,853 words
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Article155 1980-07-03 10 SINGAPORE UNIT 1MJBT (Mi«i|iir priaaa tar Jul S) The Commerce 101 UO The Savings Fund 1.73 1.82 S pore Prog Fund 1.38 134 S pore Sec. Fund 110 121 S'pore Invest Fund 1.07 1 75xd S'pore Equity Fund LM 1.30 OUB-MONTAGU (Mnigiri' priaaa tar Jul 0) U«k» Spare155 words
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Article2800 1980-07-03 10 Gr*a Gr's Net 1980 Last Div Div Y*ld P/E Vol Day High Low Company Sale or- C'vr COOO) High Low SECTION ONE INDUSTRIAL COMMERCIAL 370 245 Acma 314xd -2 15.0 28 4.7 124 14 318 314 223 220 Alcorn 223 12.0 25 55 126 149 116 Allied2,800 words
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Article1743 1980-07-03 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. x INDUSTRIALS AJtoanato (3.306) Atom (2.178 2.US) (1) 2.17 Alex BaM (1.348)1,743 words
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Article, Illustration621 1980-07-03 10 FOR the MCMd eeasecatlve day, seller* were la eemmaad of the Singapore Stock Market caasiag share prices te edge lewer. Altheagh bayers sflered Mine sappert towards the ehdag mlaates, the rally was feeMe aad leases were well ahead of galas. A dealer deeerlhed the setback621 words
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Article573 1980-07-03 10 PERSISTENT selling forced prices broadly lower at the Kuala Lumpur stock market yesterday, after two sessions of generally erratic and uncertain trading. A combination of profittaking and forced-selling was said to have caused the market's decline. Dealers said there had been a heavy backlog of573 words
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Article59 1980-07-03 10 KUCHA! Development (formerly Kuchai Tin (1967)) said that dividend warrants will be posted on or about July 8. The KLSE has queried Pftkaag CmmU»M on the substantial turnover in the company's securities lyThe exchange wants to know if the board knows of any reason for the substantial turnover59 words
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COMPANY NEWS
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Article1010 1980-07-03 11 CATHERINE ONG - By CATHERINE ONG TWO recent developments in Malayan Credit have sparked off more interest in a group already riddled with controversies and speculations during the past few months. The first, the acquisition of a 19.5 per cent stake by Sindo Timber Enterprises has raised questions on1,010 words
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Article1193 1980-07-03 11 P. GUNASEGARAM - By P. GUNASEGARAM UK-INCORPORATED Dunlop Holdings, apparently the takeover quarry of Malaysian interests, will have a tough time making profits so long as the group retains its current constitution. A confidential study made by a London stock-broker for some Malaysian investors and obtained by1,193 words
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LATEST RESULTS
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Article34 1980-07-03 11 has reported group pre-tax profit for the six months ended Mar 31, 1960 of MJ4.29 million, compared with $3.07 million in the previous period, on turnover of $4.50 million ($3.08 million).34 words
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Article345 1980-07-03 11 r 1 Market Talk... k, 4 VARIOUS technical indicators turned downwards at the end of last week's trading and, for the first time in two months, the stock market is showing some clear signs of weakness, observes James Cowan Associates (JCA). In its latest newsletter, Forecast, the345 words
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Article, Illustration488 1980-07-03 11 THE future looks bright for the Industrial and Commercial Bank (ICB) after it chalked up a record group profit of $5.9 million last year. The bank completed its first year as a public-listed company with plans to step up its computer programme and upgrade its domestic488 words
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Article628 1980-07-03 11 mm* HOCK LOCK SIEW SPECULATORS who are waiting for a cloak-and-dagger type situation to erupt in Malayan Credit for the furtherance of their vested interests may just be badly disappointed. We understand that when Mr Teo Soo Chuan of the See Hoy Chan group returns from his overseasHOCK LOCK SIEW - 628 words
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Article189 1980-07-03 11 TAT Lee Bank has formed a new subsidiary company, Tat Lee Realty, to develop the bank's proposed extension. Incorporated on June 14, the subsidiary has an authorised capital of $20 million shares of $1 each and a paid-up capital of $5 million. The main object of the new189 words
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Page 11 Advertisements
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Advertisement124 1980-07-03 11 This announcement appears as a matter of record only ARMCO V ARMCO PACIFIC FINANCIAL CORPORATION is pleased to announce the establishment of operations of ARMCO PACIFIC LIMITED Singapore based Merchant Bank and Asian Currency Unit with Paid-Up Capital of SSI3 million Armco Pacific Limited is a wholly owned subsidiary of124 words
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330 1980-07-03 12 UPI JAPAN'S Economic Planning Agency Minister Isamu Miyazaki has said the Japanese government will probably achieve its target for a 6.4 per cent rise in the consumer price index in fiscal 1960 ending next March. He told a meeting of leadingUPI - 330 words
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Article186 1980-07-03 12 AFP THE EUROPEAN Commission is considering drawing up with Japan a new trade strategy incorporating elimination of restrictive quotas by some of the Common Market states cm about 50 Japanese items. It also wants to ask Japan "to limit temporarily" some of its exportsAFP - 186 words
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489 1980-07-03 12 Reuter ALARM is growing in Britain over factory closures, high unemployment, inflation and foreign imports as Margaret Thatcher's Conservative government reviews this week the country's deepening recession. The latest in a spate of gloomy reports came yesterday from industrial leaders who warned that manufacturersReuter - 489 words
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158 1980-07-03 12 UPI HONGKONG'S export manufacturing is squeezed by fewer orders and rising costs, said Mr Louis Wong, chairman of the Hongkong Exporters' Association. He said increasing protectionism in Hongkong's major markets casts doubt on any growth in exports. Mr Wong described the US marketUPI - 158 words
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413 1980-07-03 12 AFP THE CANADIAN Secretary of State for External Affairs, Dr Mark Macguigan, yesterday pledged Canada's support for the current move to explore the concept of a tangible "Pacific community". He said he doubted that any one had a clear concept of what shape such aAFP - 413 words
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Article120 1980-07-03 12 AP PRESIDENT Carter is making it official: American men aged 19 and 20 are being told to register later this month so the government will have potential conscripts waiting if military conscription is revived. The President was scheduled to sign the proclamation yesterday ordering the young menAP - 120 words
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Article810 1980-07-03 12 LONDON, Wed. The market generally closed firmer with special situation stocks and the government bonds sector providing the features of a quiet market, dealers said. Ferranti returned from suspension and closed at 569p, compared with a suspension price of 587 p. Hays Wharf finished at 272p, up another810 words
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Article, Illustration184 1980-07-03 12 AFP UNITED States Assistant Secretary of State Richard Holbrooke began talks in Beijing yesterday with Vice-Minister of Foreign Affairs Zhang Wenjing, a US spokesman said. Mr Holbrooke's visit to China coincides with an increase in tension between China and Vietnam. Speaking to newsmen on hisAFP - 184 words
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Article463 1980-07-03 12 Agencies THE FIRST American planes in an emergency airlift of arms and ammunition to Thailand will land in Bangkok on Saturday, a US Embassy spokesman said yesterday. He said the first aircraft in the airlift ordered by President Carter on Tuesday would be carryingAgencies - 463 words
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Article355 1980-07-03 12 AFP THE Soviet Union is waiting for a "positive response" from the US, as well as from Pakistan and Iran, on its mo6t recent initiative for Afghanistan, according to a long editorial in yesterday's edition of Pravda. "Verbal declarations are not sufficient" to "open the way forAFP - 355 words
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Page 12 Advertisements
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Advertisement126 1980-07-03 12 Peace Declared Today, many businessmen are declaring that they have found peace. Servicing peace. Said one businessman, "It's good to be able to relax. Now, I just leave it all tc Carrier". It's true. With a Carrier Service Agreement, Carrier technicians carry out a program of regular, planned aircon maintenance.126 words
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Advertisement125 1980-07-03 12 A Convenient and Effective Way for you to learn Mandarin. The "Mandarin By Radio" Series currently broadcast over SBC and published in the Straits Times Bilingual Page, is now available on cassette with a comprehensive book Is < to guide you. s sri tso o SBC .2 °SBC f ft125 words
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Page 12 Miscellaneous
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Miscellaneous59 1980-07-03 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 24 hoars prior to 7J p.m. on July 2 at the airport. Maximum temperature 27.4 Associated humidity 89 Minimum temperature 24.3 Associated humidity 99 Hours of sunshine 0.10 Rainfall in millimetres 20.2 Total rainfall for the59 words
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SHIPPING TIMES
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PORTSIDES
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Article90 1980-07-03 13 Reuter ABOUT 4,000 Greek-owned ships will be affected by a 48-hour strike by 12,000 engineers which began on Tuesday. Athanassios Stamatopoulos, president of the Ship's Engineers Association said the engineers were striking for higher pay and better working conditions. The engineers would strike only when theReuter - 90 words
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Article92 1980-07-03 13 Reuter THE Ministry of Communications in Taipeh said it has allowed Poland's state-owned shipping firm, Polish Ocean Lines to open a commercial shipping route to Taiwan. POL, which operates from its home port of Gdynia to Japan via Hongkong, Singapore and other ports on its monthlyReuter - 92 words
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Article66 1980-07-03 13 UPI AN Italian freighter carrying a cargo of used automobiles from Antwerp to Beirut caught fire off the toe of Italy on Tuesday. Its 16 crew members abandoned ship and a Danish vessel picked them up safely, port officials reported. The freighter was the 1,600 gross tonsUPI - 66 words
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Article, Illustration554 1980-07-03 13 G DURAIRAJ - By G DURAIRAJ COASTALS Sdn Bhd, a newly-incorporated Malaysian lighterage service company, is to operate the timber lighterage service at Pasir Gudang Port. The company was recently awarded the contract by the Timber Terminal (Pasir Gudang) Sdn Bhd, a subsidiary of the554 words
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Article559 1980-07-03 13 Sklppiag Um CM SUpptag Liae Put Gal Adriatic IV 5 Evergreen IV 3 Afea VI 3 Fesco V 1/2 Afro-Eurasia vm 1 Flotta Lauro V 5 All trans VI 5 Fortune VI 5 Alpac VI 5 Franco-Belg m 4/5 Angkutan VI 4 FrataNVOC VI 2 Angonave VI559 words
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Article, Illustration191 1980-07-03 14 SEMBAWANG Shipyard recently completed extensive repairs on the 3,566 dwt dive-support crane work-ship, Pacific Installer. The two-year old specialised vessel built by Far East Levingston left Singapore early last month after docking in mid-May for immediate underwater repairs. The refit contract from its owners,191 words
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Article455 1980-07-03 14 Lloyd's List BACKERS of the controversial US Omnibus Bill, designed to ring in the first major changes in US maritime legislation for a decade, have been hit by two serious setbacks. Prospects for passage of the bill, which would free ocean shipping lines to takeLloyd's List - 455 words
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Article910 1980-07-03 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (irEach vessel's estimated time of arrival is advised by the Shipping Line/Agent and is subject to change (2) All/export FCL containers and LCL cargo must be delivered to the Authority's premises during the following periods. (I)910 words
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Article1435 1980-07-03 14 NORTH American grain business continued at a fair pace on Tuesday, with the Chinese maintaining their recent interest, taking a 30,000 tonner out of the US west coast at the steady rate of U5534.50 (fio). Out of the US Gulf a 27,000 tonner also fetched a steady rate1,435 words
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Article1092 1980-07-03 15 TIME CAPSULE OF TUDOR LIFE UPI Fifty feet below Portsmouth Harbour lay the Mary Rose, pride of Henry vm's navy, among England's first true warships and now, 435 years later, one of the most ambitious marine archaeological projects ever undertaken. Shifting silt and mud ofUPI - 1,092 words
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Article, Illustration296 1980-07-03 15 THE Ulstein Group of Norway, specialists in the design and building of small and medium-sized vessels, with an office in Singapore, received the Phoenicia Trophy from the Maltese president in Valetta, Malta, last Saturday. The highly-prized trophy has been awarded for the last five years296 words
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Article, Illustration493 1980-07-03 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Asian Clipper (Ro/Ro) (after Barber Priam, required starboard to, must vacate 0530/sth) 47 Bowoon No 3 (Tanker) (after Favola, P/O, subject gas free) 16 Barber Priam (Ro/Ro) (0400 after Car Ace No 1, required starboard to) 46/ 47 Entire Rios n (after493 words
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3021 1980-07-03 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 of3,021 words
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Article259 1980-07-03 20 UK-EIRE-FRANCE: Operated by the British-based comply, Emerald Line, the weekly 4ift-on lift-off container Service between England. Northern Ireland, Eire and France is now in operation. The service is centred fin Southampton and will EUlpto -scheduled calls at BelAak, Dublin and Cherbourg |_jlth the 220-TEU capacity Jan which will259 words
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359 1980-07-03 20 Reuter THERE is no sign that tanker owners can expect any great change in current impoverished rate levels in the immediate future, particularly for the large vessels, despite the diminishing number of ships at present on the market, London shipbrokerReuter - 359 words
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99 1980-07-03 20 MORE than half Indonesia's merchant ships ,are over 20 years old and need replacing, Director-General of Sea Communications Pongky Supardjo said. He told a parliamentary commission that plans to replace old ships had not gone as well as hoped, partly because of financial problems.99 words
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Article1506 1980-07-03 20 The leading shipping lines operating from local Crts and the agents who handle cargo bookings r them. A B l Adriatic O-Mmt 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 Shpg1,506 words
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Page 13 Advertisements
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Advertisement387 1980-07-03 13 i A great name in fire fighting Sob Agents: Borneo Smatra Trading Co (S) Pte Ltt Approved SFB Service. Tel: *****35 4P I RI) 1\ 1 AMAH Orient Overseas Co*dcu*ieA Line FULLY CONTAINERISED «TM.OCF2M 1. J£AS MPS 27R Ernac COM. IM mm con tan m ■MIKWNI 22/7 24/7 23/7 26/7387 words
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Advertisement281 1980-07-03 13 3911 fill SEALORD ANTAH a. UASC JNITED ARAB SHIPPING CO (SAG) M'J'KM'i EXPRESS MULTI-PURPOSE SERVICES J Dubai (28/7), Dammam (31/7), Kuwait (3/8), Doha (6/8), Abu Dhabi (9/8) FULLY CONTAINERISED SERVICE MVKATOR V.S 11 NATTY AH V.7 MMGATOR V.7 Mina Qaboos (26/7), Dubai (28/7) Dammam (30/7), Kuwait (1/8), Abu Dhabi (3/8),281 words
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Advertisement22 1980-07-03 13 mm CONTAINER Schedules D LONDON Freights U/m SHIPS In Pert m SHIPPING List VH REGIONAL Weather VTO WORLD Services Vm THECensortU Vm22 words
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Advertisement323 1980-07-03 13 I<£ cnan Algvn.tn N .it ion.it Lino WE SERVE MEDITERRANEAN AND ALGERIAN PORTS Agents: MMCffIC TIMB A TMMM MacrntLii. Tel: *****4 (5 lines) SINGAPORE MAERSK LINE EXPORT TO U.S. PACIFIC. GULF, ATLANTIC, EAST CANADA AND ASIAN PORTS E 4/1 11/t 1 lt/t 2 25/8 r MB* S.neapore CJosu* Times: CT323 words
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Page 14 Advertisements
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Advertisement613 1980-07-03 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC yf j SHIPPING AGENCIES SON BHD PORT KELANG PENANG J.' i HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALAYSIAN NTERNATtONAL SHFWHG CORPORATION OERHAD 1) Barcelona. Genoa. 2) Amsterdam. Antwerp. L.Havre. Bdbao. Basle. UK, 3) Bremen, Bremenhaven. Aartws, Copenhagen, Helsinki 4) Matmo. Stockholm. Oslo613 words
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Advertisement264 1980-07-03 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA PIUh Mi 44/7 in ■wow i n «a Hq Fa CMtatan Mr tfWK CM Mm Mi CM hn R T«I M* St Mb R. Ori IM tat* 3-3/7 2/8 6/8 8/8 10/8 11/8 16/8 11/8 24/8 4-5/7264 words
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Page 15 Advertisements
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Advertisement549 1980-07-03 15 Overseas M Containers Limited Weekly service to/from UK/Europe STRAITS SHAPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok cay* EM-I Cardan lay larplay taM £iprtss Rasta** Bit Ha*ka* bprast Tanya Bay 14% 31 A* COMTIKRSHP ffTOCt FROM m/cowncn SOUCt TO UK/CONTMMT: HW| S'para Plata* D'mart Bram 4 M »M 27549 words
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Advertisement441 1980-07-03 15 Franco Belgian Services I F,r Fast Ftiuh rt i,-« .I.''. li> '..tan t ..r F,is!trn I.me>> KVOK P KELANE U tew* t*m tftef Biter* Atew Km MI COHTMB to Put IM 22 M 24 M 2CM 27 M 30 Al M COR* 10 tai onri acF i m km 27441 words
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Page 16 Advertisements
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Advertisement329 1980-07-03 16 Hapag-Uoyd i'i =i>. TW HK 1/7 3/7 13/7 15/7 22/7 24/7 L'l. <!■■« t 3U|3 Ml '.'l> 'M 12/7 15/7 14/7 17/7 to'; rv .yd .v=»n.:;; i Y'hama nwii nßfnmm fuu coNTWEBto sonnet 18/6 22/6 10/7 25/6 30/6 IS/7 5/7 9/7 25/7 FROM USA7CAMAOA fuu. gyrMCrgyts; Lonj Seattle M»«toe Beadi329 words
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Advertisement608 1980-07-03 16 LIME KOREA SHIPpm COR Phi cn a n .fj **ll txjyf j —xJ I n nk a. A nj\±J Algerian National Line STQK PJUANG LOABM6 FOR +BECHM (1971) 30/5 ki Tad/ft $t U*/Mm*/ +80UM (1971) 25 Ai 29 M T«b/PLSL Low/V^nct*/ Afev/MMa EAST BOMB MMTEMANEAN MP JAPAN SEJHAC +BOURA (1971)608 words
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Advertisement406 1980-07-03 16 EVERGREEN LINE F PR f AST EUROPE FXPRfSS FUll CONTAINER SERVICE 1 MXEfTMC CARGO FOR: HAMBURG. FELKSTOWE. ROTTERDAM, ANTWERP. LE HAVRE ALSOICCEPTMG CARGO FOR; UWTTED WGOOM SOUTHAMPTON, LONDON. MANCHESTER, MMMGHAM, BRISTOL. iMRPOOL. GLASGOW. LEEDS WEST GERMANY mamr HOLLAND AMSTERDAM iw«ctor mu 23Mr' SMr" Cwtaytpr 11 M| 1 ta| 3A* EUROPE406 words
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Advertisement771 1980-07-03 16 Everett Lines "BURMESE NATIONAL LINE" LOMNN6 FIX RANGOON ppmmvim B F S.S C Agents Moloyw BOUSTEAO SHPPMG TtL NOS KL *****2/*****9 X lnraiiwH 1 A. CI. F. "ARGENTINE NATIONAL LINE" LOADBK FQi DURBAN, CAPFTOWN**,**MONTEVI)EO, BUENOS AMES MTMMft rp« CBN 5/5 My 91 TrMKfWtMMii NhritMM NkxicMia S. A. "MEXICAN NATIONAL LINE"771 words
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Advertisement462 1980-07-03 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. "m Mom t. SANKYC LINE AUSTRALIA SERVICE ShnHra P. Mh| Lm*m tar 25/21 My 27/211* STDTKL. AOEL BANGLADESH SERVICE hM CMTTAOMK, CNHJM JAPAN/STRAITS SERVICE 5/7-7/7 1/7-1/7 */7 >M/ 7 12-14/7 15-18/7 wuem m 22*1144/7 i 22*1371 K nam m <MM, 4*4751 oam stwrmt rrm462 words
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Page 17 Advertisements
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Advertisement887 1980-07-03 17 L. KOTA TRUt HOT* OUT* PiL GROUP EAST AFRICA/REDSEA SERVICE 11/15 Hm 19/15 A*' Owes Salaam. Mombasa, Hodadak. teddafi Port Sudan 18/15 My 14/17 M| 1 A Laa*gMr Ada*. leddati COLOMBO/KARACHI/P. GULF SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES 29/31 JMy Loading For: Chrttafong, Madras SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES KOTA PERMIA KOTA PAH.ANAN KOTA887 words
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Advertisement736 1980-07-03 17 BEN LINE CONTAINERS EVKSS CONTNND SONKE TO/FROM EUROPE TO BMW BFTGite* 2C •«r» »r 14/1 FMMBMOPfc H-WK B HAVEN Gonaaay/Aastna I faM faM UN S*4 *MU" MM bM HW B HAVEN ROAM ienaaay/ Austria Aataerp a/7 17/7 a/7 n/7 jut mn XIX. 4/1 i/l VI 11/1 12/1 M/l U/l ivi736 words
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Advertisement637 1980-07-03 17 t l*i l<" i f 1 4 l«5 .9 \A J iitr Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE TO MCP/UK/NCATAH lmvml tu. itmn I MM <*J- "ST VI vu •< «< au 2 r. I 1 M V? W V 7 M/l V V 7 1/7 ii/ 7 *n637 words
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Advertisement372 1980-07-03 17 BOUSTEAD SHIPPING AGENCIES BANK LINE V FOR REUMON ft SOUTH AFRICA KUANTAN SMGAPORE eta Reunion Durban Capetown Pt Ekz (also accepting East I STREAMBANK 11-13/7 14-11/7 27/7 2/8 9/8 13/1 i car|o) kVERBANK Lukes/fe Lines U.S. WEST COAST SERVICE ICU LTttS M MWCTITKS 12/ M ITKS 9/1 T/S via ROM372 words
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Page 18 Advertisements
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Advertisement600 1980-07-03 18 I > "K'line EXPRESS CONTAINER SERVICES TO NORTH AMERICA PR M AM faM kM Ta s U9m UN 8/7 9/7 JH ta 219 15/7 11/7 to|M 9i KCMtaUi to (MM, .Mk St NmM. I TO EUROPE 0 0«F 20W «n 10/7 27/7 28/7 1/S 2/8 ...«-S-S BROGE 27W 15/7 14/7600 words
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Advertisement473 1980-07-03 18 CALVMMA/NCftC NORTH WEST SERVICE EXPRESS CONTAMR/REEFER SERVICE Lm*( kr UB MKLB, UN FtMOKO, SATTU. TACOMA. VMCOMQL IX. icnHN rayra um+ui NEW ZEALAND SERVICE UrfvkrMHLnMKl (capkiFayrac JAPAN SERVICE I MITMM (a* (Ml) I TOM** (Mi) 12/11 Mr SM*./ 4 Mr 5 Mr 5/7 Mr 14/15 Mr INDIA SERVICE «vr» 'I** CHDAMBARAM"473 words
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Advertisement606 1980-07-03 18 O t I*« >1 SINGAPORE SHIPPING AGENCIES PTE LTD ?OTMM<MK nciAft «llli[)ii\ii, MMlAHivl 0104 MAN*.tTIM(; t'M.v Mi\fS M I,;,: 'M j: i l TF t t Ms ?4S9!> MS A (> CAHSHI'' AHI t Container Lines WEEKLY CONTAINER SERVICE to/front BANGKOK S'PORE(Wod) Ml/3 M)r l/KM) 14/17 My 23/24 My 31/31606 words
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Advertisement483 1980-07-03 18 Sri m L 7mm m 'miMW LATTAMA. UMASSOL ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge ST* VJM. IV.4M ONE ¥.4111 STRAITS/EAST MM SERVICE t_um u* I OBMB V.J7E— 9M Nm| trneJ T« Ml (MINED VESSELS lm/ T*ran/ •mm GRNMRD awmt AGENCES (S) PTE LID. M (5483 words
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Advertisement540 1980-07-03 18 t INTRASEA (PTE) LTD f House 234E Smqa^o r P Telephone *****1' *****57 Fc REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE s>*> p. uhi fmm lm*« kr. SMad to Part DOULOOC/ WnOMK/W (MM) MK— S 111 KOTBNII/nUK/ (MM) a M 2 UUNK/W (MM) 9Am 13 Am ROTTDBMM/CiIEM MTUXJk (PTE) ITB540 words
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Page 19 Advertisements
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Advertisement479 1980-07-03 19 1 NOL NEPTUNE ORIENT LINES LTD TO EUROPE/UK (VIA SUEZ): HK CONTAMER. 0. CHEF+ S.S. BUDGE— N CORAL c. comma.. 1. JACEJM Container feedered to/from F'stowe Also accepting cargo to/from Scandinavia -0 CHEF S'pore Closing Times: FCL Cargo 2300 7/7 LCL Cargo 1100 7/7 TO AND FROM AUSTRALIA: JAKARTA™. SH6APOK..479 words
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Page 20 Advertisements
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Advertisement394 1980-07-03 20 WORLD LINE 1 EXPRESS REGULAR SERVICES JAPAN/HONGKONG/STRAITS VESSEL SPORE PKELANG GOKN LAKE L-63 U 6/7 M </§ BASCA L-54 Jul 10/11 Ml 2/13 TEW L-60 Jul 17/18 Jri 19/20 Gen Agent NTfOH EXfKSS TO LTD 151. St* ft.. NerM Trade Centre. t, Marituw Square. MO). T* 27(1111 Ini Gen Afenl394 words
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Advertisement260 1980-07-03 20 M.V. THAI YAN6 VOY S/80 M.V. THAI YANG VOY 9/80 (Regular lorthn.ghtly express un.loed service.) P Kelang Loading for: fS/SO 15/16 My Mri r 9/80 15/16 Auc Mn —SJ fc"? m K tM iijiaW.) IT £??iSEJS2« JO***"" MH MM SON. am.. PJ(. Tat *****1/*****2 Mi Tat *****/31K1 Tdti: HA 39(95.260 words
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Advertisement44 1980-07-03 20 NOTICE EVERETT STEAMSHIP CORPORATION S/A "Paleverett" V»y. n-w Arri: tLLM Place Survey: PAA. G4na. 71/28 General Survey on damaged cargo discharged ex the above vessel will be held on 3rd July 1980 at 8.30 a.m. No further survey will be held after this date.44 words
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Page 20 Miscellaneous
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Miscellaneous184 1980-07-03 20 i ST .v.\v. «s¥S vS Vv> 8.: ox: :W: sssssa x 1:1 mas o mm* u m 3 v N J OS r i ,1 iX n 0 ft/ as 52 v-< 100E SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. °c /V .C WI ®r> tu Wind184 words
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