The Business Times, 4 July 1980
1980-07-04
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The Business Times
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Title Section11 1980-07-04 1 BUSINESS TIMES M.C(P) No. 111/1/8» FRIDAY, JULY 4, ISM 50 CENTS11 words
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BRIEFLY...
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Article90 1980-07-04 1 Reuter PRIME Minister Lee Kuan Yew today disclosed that approaches had been made to the British protected Sultanate of Brunei to join the Association of South-east Asian Nations (Asean). an interview with Indonesian newsmen prior to hjs visit to Jakarta, Mr Lee said Indonesian President Suharto hadReuter - 90 words
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Article67 1980-07-04 1 Reuter LONDON, Thurs. The Bank of England today reduced its minimum lending rate from 17 to 16 per cent, the first cut from a record level set last November. The authorities have been under growing pressure to cut interest rates in order to ease pressure on businessesReuter - 67 words
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Article57 1980-07-04 1 Reuter LONDON, Thurs. Prime Minister Margaret Thatcher today refused to budge from her monetarist policies despite a deepening recession and rising unemployment, government sources said. But, under strong pressure from industrialists and businessmen worried by company closures and redundancies, she allowed a one per cent fallReuter - 57 words
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Article58 1980-07-04 1 THE Singapore government yesterday summoned Soviet Ambassador Fyodov Potapenko to express its concern over recent Vietnamese military incursions into Thailand. Mr Potapenko was told that the Vietnamese attacks brought Soviet credibility into question as Soviet Deputy Foreign Minister Anatoly Firyubin had given a guarantee in April to Singapore58 words
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Article56 1980-07-04 1 AP MOSCOW, Thurs. Top Vietnamese leaders met £J£ e "i 1 1 President Leonid Brezhnev and received assurances of continued by the Kremlin in Indo-China. The meeting, which included the economic planning ministers of the two nations, also saw IvLflS ***** f f. n agreement on prospecting andAP - 56 words
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Article57 1980-07-04 1 AFP KUALA LUMPUR, Thurs. Bankers in Malaysia have come out in strong support erf the proposed Asean Finance Corporation. The proposal will be high on the agenda of the Asean banking council meeting in Manila next Monday But Malaysian bankers doubt whether the corporation can be madeAFP - 57 words
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Article71 1980-07-04 1 AP NEW YORK, Thurs. Stock prices moved ahead this morning in the final session of a holidayshortened week. The market will be closed on Friday for the Independence Day holiday. The Dow Jones average of 30 industrials rose 2.65 points to 878.67 in the first half hour. GainersAP - 71 words
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Article141 1980-07-04 1 Rises Tu Chong 750 75 G E Life 1250 50 Mipum Cor pa 900 870 35 25 Loytape 149 23 Shangri-La o c 6 c 1100 1000 20 +20 Tractor* 820 20 Island Pea 575 15 Rothmani 520 15 Falls C 8d(ar* 675 -15 Tronoh Mines 1520141 words
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Article, Illustration145 1980-07-04 1 Rises T Chong Magnum Corp MUInd Gen ting C Sugars PMC Loytape OCBC UM Works NST F Cables 755 975 UOO 660 685 875 151 1110 280 660 227 +65 +55 +30 25 +25 +25 21 +20 +16 +15 +12 Falls K Kampar Tronoh M Banking Kamunting Coosplant145 words
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Article, Illustration606 1980-07-04 1 SALMA KHALIK - WEE MONG CHENG RETURNING By SALMA KHALIK SINGAPORE seems a]] set for a major ambassadorial reshuffle. At least three ambassadors are expected to leave their current positions. Mr Wee Mon Cheng, Singapore's Ambassador to Japan since 1973, will beleaving the diplomatic scene altogether while Mr Wee Kim606 words
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Article178 1980-07-04 1 I A GROUP of engineers and managers from Singapore will leave for Japan m>H Taiwan next month to study the quality control methods used by private companies and government agencies in these countries. The quality control study mission, jointly organised by the Singapore Quality Reliability178 words
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Article492 1980-07-04 1 METRO Holdings has mounted a spirited defence against the Ngee Ann Kongsi which is seeking forfeiture of a lease giving the stores group the right to develop Orchard Square under certain conditions. In addition, Metro is counterclaiming substantial damages from the Kongsi for talcing actions that492 words
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Article239 1980-07-04 1 EMPLOYERS in the service sector should identify the "above-average performer" by their efficiency rather than productivity. Although employers yesterday generally applauded the guidelines proposed by the National Productivity Board to help employers identify the above-average performer who will qualify for higher pay increases under the new National239 words
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246 1980-07-04 1 IT WILL aaw be eaator far Aaerie— rwMlsg to tbe US to invest to dsm af the Devetopnnt Buk af trade la Margaa Gaaraaty Trot Cenpsay af New Yark hai estahflahed a facility whereby Ameriean Depsrtwyßeedpto (ADBa) esa be toned tor aharee246 words
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479 1980-07-04 1 MARGARET THOMAS - By MARGARET THOMAS IN PROCESSING applications for financial aid from the Skills Development Fund, the Fund's administrators have to keep a wary eye on passible cases of fraud. An employer may submit a seemingly bona Ode application with all details of the training479 words
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Page 1 Advertisements
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Advertisement6 1980-07-04 1 TheMMOUAEP3K> PPC does it al. a6 words
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Advertisement57 1980-07-04 1 s T O strings and tension protector Duraiift clip maintains tension and prolongs the life of the strings by up to eight times the normal wear. One packet of Duraiift contains sufficient clips for 2 racquets. Available in six colours. Used and Recommended by: BORQ /B ARAZZUTTI BERGELIN A Nhth57 words
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Advertisement37 1980-07-04 1 8«e hack page Mil PREVIEW the MakyaUa SHIPPING TIMES 1 k\r SIGNS «f wMkMM la West Gernuui ec—my I REPORT canto are lit for WjMIM AIRCRAFT I. TV AND R, WHOLE TO WINE AND DINE +Hmm L37 words
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Advertisement221 1980-07-04 1 hi og §0 ttbo GOCCI n u Don't leave home without it Ist Quarter 1980 Malaysia's investment incentives: need for change Malaysia has been quite successful m attract ing foreign investments to help power the country's industrialisation programme. But foreign investments remain mainly capital intensive despite incentives to encourage labour221 words
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TRADE AND INDUSTRY
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Article, Illustration432 1980-07-04 2 AGNES WEE - By AGNES WEE THE PARENT company of EB Communications, a Singapore manufacturer of communications equipment, has won a 7.5 million Norwegian kroner contract to install an auxiliary communication system in China. Through its Singapore subsidiary, the Norwegian company is now recuiting local Mandarin-speaking engineers for the432 words
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Article118 1980-07-04 2 SINGAPORE'S audiophiles turned up in full force at the World Trade Centre to make the organisers of Auvi '80 pronounce the fair an "instant success". On its opening day, the fair attracted nearly 16,000 visitors. A total of 135 exhibitors from Japan, the United States,118 words
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Article, Illustration203 1980-07-04 2 MB D. D. Avar! has recently taken over as manager of Bank of India in Singapore. He was formerly chief officer in charge of domestic corporate finance at the head office in Bombay. Mr Avari, 45, has been with the bank for the past 21 years and203 words
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192 1980-07-04 2 PROSPECTS for heavy equipment manufacturers and distributors in Southeast Asia have brightened. Mr Chan Hung Kee, United Engineers general manager (or heavy equipment operations in Singapore and Malaysia, noted that the recovery could be better than the 1973 peak when the Indonesian oil industry provided192 words
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Article75 1980-07-04 2 THE Singapore Branch of the Association of Certified Accountants will hold its annual dinner and dance on July 19 at the Hyatt Regency Hotel. Local students who have clinched top places in the Association's examinations in June and December last year, will receive their pries. Among the top75 words
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Article, Illustration224 1980-07-04 2 DYNASTY Hotel is only three storeys away from completion, and the hotel will open on schedule early next year. Jo date, the three-storey high lobby and 27 storeys of guest rooms have been completed. With the completion of the last three storeys, the hotel will'be224 words
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Article, Illustration420 1980-07-04 2 THE FAST growing Japanese aemi-cooductor industry invested more than $1 billion in new production facilities and equipment in fiscal 1579. This is more than twice its capital expenditure in the previous year, reports a new BA Asia study entitled: "The Japanese Semi-con-ductor Industry 1900". The420 words
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Page 2 Advertisements
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Advertisement234 1980-07-04 2 •V%r» > c*v A t r v >, v ♦>' nJtfffW A MITSUBISHI Ml Jlfefc. np 4* The new Mitsubishi Canter can do a lot of. things other trucks can't. Its diesel engine capacity of 3.3 litres is the biggest in the 2 and 3 ton dlass. Compare that to234 words
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REGIONAL
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204 1980-07-04 3 THE Japanese government has decided to open the state-run Nippon Telegraph and Telephone Corporation's procurement contracts to foreign suppliers on certain conditions, the Kyodo news service reported on Wednesday. Kyodo, quoting government sources, said the decision came during talks between Acting Prime204 words
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177 1980-07-04 3 AFP SRI LANKAN and Japanese businessmen have decided to press their governments for an early conclusion of an agreement to guarantee investments between the two countries. The decision was announced at the end of a twoday meeting of the privatelevel joint Sri Lanka-Japan EconomicAFP - 177 words
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143 1980-07-04 3 Reuter THE Japanese wholesale and consumer price indices will increase around 10 to 15 per cent annually for the next four or five years, the Economist Intelligence Unit Ltd said. Although the graph of import prices in 1980 is again rising above the zeroReuter - 143 words
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188 1980-07-04 3 CHINA IB laterated la eqalty iavestmeats la AastraMaa irtMre devetopamt to ehteia a bag-term sappiy «f a higher grade thaa tt new haa. Peter Jaaea, Weatora Australia Mlatster far Re—arra Devetopmeat, Mid la Bedjtag «a Taeaday the Chlaese were "clearly lee Mag at188 words
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603 1980-07-04 3 THE 1961 Malaysian budget is likely to be expansionary in design and will give industries catering to the domestic market a muchneeded shot in the arm. Linked to the desire to see the rapid expansion of these industries is the government's concern over supply603 words
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778 1980-07-04 3 Agencies A SHARP rise in the Japanese share of EEC vehicle markets may have contravened the spirit of the General Agreement on Tariffs and Trade (Gatt), the Committee of Common Market Automobile Constructors (CCMC) said yesterday. A letter from CCMC presidentAgencies - 778 words
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THE REGION IN BRIEF
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Article476 1980-07-04 3 Agencies ENGLISH will remain an official language in the Eastern Malaysian state of Kuching, along with Bahasa Malaysia, for at least another five years. The state government has decided that not enough senior government officials in Sarawak can cope with Bahasa Malaysia as the sole official language. INDIAAgencies - 476 words
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184 1980-07-04 3 UPI PLANS by US car maker General Motors to close its subsidiary in Australia have touched off a nation-wide boycott of G M products yesterday. The subsidary, called General Motors-Holden, announced on Tuesday that it was closing down its Pagewood assembly plant after 32UPI - 184 words
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Article668 1980-07-04 3 ARRIVALS Service Local Operator Number Tine From MAS MH601 0700 KUL TMA TL341 0715 BEY/DXB/BOM SLA SQ528 0750 DHA SIA SQ101 0615 KUL MAS MH621 0635 PEN RBA BI427 0930 BWN MAS MH67I 0930 PEN/KUL SIA SQZU 1000 HLP MAS MH606 1000 KUL CPA CX710 1005 HLP668 words
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Page 3 Advertisements
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Advertisement57 1980-07-04 3 W/ mu/t de Cartier SANTOS WATCH 9 IV rs > W>rkl-Wkk Life Lcxig Guarantee 9 les must de Cartier Boutiques Gl9, Ground Floor, Far Ease Shopping Centre, Orchard Road, Singapore 092 3 Tel: *****58. G36, Lucky Plaza, Orchard Road, Singapore 0923. Tel: *****27. Metro Grand Lucky Plaza, Orchard Road, Singapore57 words
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Advertisement132 1980-07-04 3 PENINSULAR MALAYSIA SINGAPORE i l" L J i Sell your productsand services to the Coverage: Includes complete list (white Malaysian market via the 1981 Yellow Pages of pages) of all telephone subscribers in homes the Telephone Directories published by and offices Panduan Telefon Malaysia Sdn Bhd for Remember, Panduan Telefon132 words
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RAW MATERIALS
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Article213 1980-07-04 4 THE Chicago Board of Trade wheat futures closed on an easier tone, up US9 '/j to 13 '/< cents per bushel on improved daily volume on Wednesday. Wheat opened firmer on expectations of new export business and rallied to near limit up by midsession. Much of the advance was213 words
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Article334 1980-07-04 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.06, 100 per cent second class 0.90, 100 per cent third class 0.88, 25 per cent new crop 0.80, B-10 per cent 0.68. THAI BROKEN: A-super 0.63, Special no stock.334 words
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Article111 1980-07-04 4 THE Smith Barney edible oil analyst estimated US coconut oil stocks at 153 million pounds at the end of May against 163.4 million in April and 148.3 million in May 1979, the company said. Guesses ranged from 160 million to 145 million. The US Census Bureau111 words
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Article268 1980-07-04 4 IN Singapore, the market closed slightly lower with July One RSS buyers quoted at 289.00 cents per kilo, down half a cent from Wednesday's close, dealers said. Morning prices held steady on higher London advices and alternated with some speculative selling. Afternoon prices were quiet and about unchanged but268 words
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Article314 1980-07-04 4 R.A.S. prices In cents per kilo yesterday; lh» (per kilo) (per Idlo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt (.o.b. 288.00 288.00N 288.00 2B8.00N Int. 1 R.S.S. July 289 00 290.00 288.00 290.00 Int. 1 R.S.S. August 290JO 291.00 290.50 291.00 Int. 2 R.S.S. ***** 284. OON314 words
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Article111 1980-07-04 4 NOON S8R and SMR prie m yaaUfjay RA8 J«ly Aafuat (Currant Mtkl Barer* Seller* (Forward Mtfc) Buyers Seliert SSR 20 (1-ton pa Hat) 266.00 268.00N 267 00 269 00N S8R50 (1-ton pa Hat) 263.00 266 00 N 264.00 266.00N MRELB Jnly Aafaat SMR CV (1-ton MlWt) 311.00111 words
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Article79 1980-07-04 4 THE Straits Urn price In Peaug yesterday eased M$C per pical te $2,154, still i) above the International Tin Agreement ceiling, dealers said. The metal fell back following three menth standard tin's weakness In Lenden en Wednesday and laereascid tin eentribnted by miners they said. The lewer levels79 words
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Article39 1980-07-04 4 Rubber: July 3 Singapore: July: 289.00 cents (down 0.60 cent) Malaysia: July: 293.50 cents (down 1.00 cent) Tin: M 52,154 (down $6) (equivalent to $35.61 per kilo) (down 10 cents) Official offering: 217 tonnes (up 53V4 tonnes)39 words
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Article193 1980-07-04 4 TARN and cotton prices were quoted as follows in Hongkong yesterday: (la HK dollars, spot ex-go-down) Cettea yam: China RW Phoenix Xte 2,190; 32» 2,590, «s 2,855 (per bale of 400 lbs). Pleee gee*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly193 words
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Article167 1980-07-04 4 CHINEBB Predate Exchange, tflagapere, aeei rliilsi prises par lHkg yesterday: Csus—t all: Bulk fob 137.00 sellers, old drum (in second hand drum) fob $147.00 sellers, new drum fob $153.00 sellers. Cspra: Mixed (loose) 184.00 buyers. Pepper: Muntok white pepper fob Asta NLW $455.00 sellers, Sarawak white pepper faq167 words
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Article232 1980-07-04 4 THE Chicago Board of Trade soybean futures closed on or near the highs on Wednesday, up the US3O cent per bushel limit in spot to 25 higher in deferred July. Concern in the trade about hot, dry weather reducing the southern soybean crop and problems with various world oilseed232 words
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Article734 1980-07-04 4 COFFEE: Robust* futures made a slight recovery from new life of contract lows set earlier in the morning. At the morning close, losses from Wednesday were £31 to £53 per tonne. Turnover was 4764 lots including three options. The market opened up to £46 lower but then fell734 words
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Article82 1980-07-04 4 THE MALAYSIAN Minister of FV naact has find time ram tor the period tram July 3, until further notice: Bitter: Btft cent* a Ho; Cmpr%: *****.00 a tome; Pate tanri: 1865.75 a tome; WMte f ippir: *4.***** a tome; The ram of duty payable are: Kahhar: 00% cent*82 words
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Article148 1980-07-04 4 IN Kuala Lumpur, the market ruled steady yesterday in line with Chicago higher overnight trading, dealers said. Volume was small despite picking up in activity. Trading in July saw the central region gaining M 57.50, south at $5 and the northern region $2.50 to $822.50 per tonne. In148 words
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ASIAN STOCKS
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Article491 1980-07-04 4 TOKYO INVESTORS' interests heightened on speculative stocks yesterday, but the market was generally still watchful about the future business outlooks. It accelerated sharply in the afternoon and th% sudden rally invited a rush of profit-taking. Eventually, the market still managed to close up 44.39 points. Speculatives were of491 words
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Article316 1980-07-04 4 Source: SHK See A BROAD rally saw the market recover all of Wednesday's losses as Investors reacted favourably to the attractive Hutchison package. Recent favourites such as HK Land, Jardine and Cheung Kong continued strong. Trading was active throughout the day but overseas interest at the beginning of theSource: SHK See - 316 words
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Article405 1980-07-04 4 NEWS that Eno Exploration has signed a development agreement with the Rundfe shale oil partners dominated Sydney stocks yesterday but profit-taking saw trading end on a weaker note, dealers said. Rundle twin, Central Pacific, ended As 6 higher at $70.00 while associate, Southern Pacific, rose $4 to $26.00 on405 words
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Article271 1980-07-04 4 STOCK prices closed mixed yesterday In quiet trading which concentrated on finance shares, dealers said. Capital Trust and First Trust rose IJO baht each to 33 JO and 74.50, Rama Tower fell 0.50 to 74.50, United Flour will advanced one to 191 and Bangkok Bank and Jalaprathan Cement cloned271 words
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Article143 1980-07-04 4 STOCK prices closed mixed yesterday with turnover falling to 2.3 million pesos from Wednesday's 3.4 million, dealers said. Acoje Mining, Oriental B, and Volcan firmed, while Atlas Con B, Benguet Con B, Lepanto B and Marsteel ML The rest were unchanged or untraded. JULY 03 Pesos Acoje Mining 4062143 words
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Article51 1980-07-04 4 FINANCIAL TIMES INDUSTRIALS Wednesday 483-6 Tuesday *1.4 Week Ago 466 DOW JONES AVERAGE INDUSTRIALS Wednesday 878.02 Tuesday 87X27 Week Afo 887.54 HJLHANG SENG Thursday 1087.22 Wednesday 1037.71 Week Ago 1088.80 SYDNEY INDUSTRIALS Thursday «78.75 Wednesday «86.21 Week Ago 878.75 ALL ORDIN ARIE8 Thursday— 8BR57 Wednesday 815-07 Week Ago51 words
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Page 4 Advertisements
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Advertisement98 1980-07-04 4 ri <; r 3 u CHANGOR TRENCO ■fay.."' »c. p _.c£*i*v V. wmm m U.R $49.90 $59.90 Less 50% discount UK I II 111 I II i w/m* ZIMMERLI, KINGS, DIAMANTS, EMINENCE, BOSOM, PANCALDI, JAEGER m VS3 II n PIERRE CARDIN, LOEWE v i U Less 50% 70% discount PIERRE98 words
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OVERSEAS
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371 1980-07-04 5 WEST Germany's trade surplus has dropped amid signs that the economy, long the envy of the industrial world, is beginning to falter. The trade surplus in May was 297 million marks against the April surplus of 1.1 billion marks, the Federal Statistics Office371 words
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224 1980-07-04 5 Reuter THE Confederation of British Industry (CBI) and the UK Trades Union Congress (TUC) are both uneasy at the way EEC competition policy is developing and fear it may lead to conflicts between national and community objectives. The UK National Economic DevelopmentReuter - 224 words
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223 1980-07-04 5 Reuter ANGRY Senators have accused the US House of Representatives of outrageous conduct in stripping from a USJI6.7 billion appropriations bill money earmarked for a government agency which makes loans to promote exports. The bill had provided $355 million for the USReuter - 223 words
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300 1980-07-04 5 AFP THE SOVIET Union has nearly finished a 5,000-troop cut in Afghanistan but is building permanent military facilities throughout the country, the US State Department said. This would lower the US estimate of Soviet forces in Afghanistan to 80,000, although department officials saidAFP - 300 words
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121 1980-07-04 5 AFP ANGOLA is "still under attack" from South Africa contrary to Pretoria's assertions, the Angolan Ambassador to the United Nations said yesterday in a letter to UN Secretary-General Kurt Waldheim. Detailing the recent South African military operations inside Angola, envoy Elisio de Figueireido saidAFP - 121 words
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Article595 1980-07-04 5 NEUTRALISATION A FOLLY UPI Reuter THE 'neutralisation' of Western Europe caused by declining confidence in the United States would lead to Soviet domination. US Defence Secretary Harold Brown said on Wednesday that "if we repeat the history of the years 1995 through 1938, war could come."UPI; Reuter - 595 words
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WORLD IN BRIEF
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Article503 1980-07-04 5 Reuter JORDANIAN Prime Minister Abdel Hamid Sharaf died yesterday of a heart attack. Mr Sharaf succeeded Modar Badrane as Prime Minister on Dec 19 last year. He had been chief of the royal cabinet since July 1976 and was considered the architect of Jordan's foreign policy. He wasReuter - 503 words
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Page 5 Advertisements
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Advertisement75 1980-07-04 5 m r r 1 r T n cm Specialises in CARPETS HANDICRAFTS L from Pakistan Afghanistan Jewellery, Silver, Brass, Fashion Garments and Onyx. We accept Carpets for washing and reconditioning AM C rt»dif C ards VW| i( ,m*> Unit 2. >"A. Sirkjaport' Handicraft Cfntrt Tanglin Rimc! Sinyaport* lOli ~I Tci75 words
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Advertisement280 1980-07-04 5 It. 5 m WE *4. WW 7 P" A ikf 11 •< 4L i MSV I, "~.^9 THOSE WHO a U. BEFORE ITS TOO LATE, DE-REGISTER YOUR OLD CAR AND GET A MAZDA 626, MOTORING'S FINEST VALUE! IMPORTANT REMINDER: December 31st this year is the last date for a car280 words
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Article421 1980-07-04 6 THE administrators of the Skills Development Fund have no mean task. They sit atop a pile of public money which they are supposed to distribute to deserving causes but which is accumulating so fast that its sheer size is becoming almost an embarrassment. The421 words
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Article277 1980-07-04 6 TAXES on transactions in the stock exchange are an anachronism quite out of place in the the modern concept of an efficient capital market. For this reason, reduction or withdrawal of such > taxes will encourage investors to make use of r stock exchanges as277 words
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Article, Illustration1290 1980-07-04 6 LACHLAN DRUMMOND - A new Financial Timet Business Information study, believed to be the first of its kind, compares the qualities of annual company reports in 20 countries. BARRY RILEY outlines the struggle for an internationally acceptable level of company reporting, while further below, LACHLAN DRUMMOND finds indications thatSource: FT World Survey of Annual Reports 1980 - 1,290 words
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Article979 1980-07-04 6 FT JAPANESE companies get low marks, Americans get the highest and Germans earn middle-rating in a new study on the comparative qualities of the annual company reports presented in 20 countries. Two hundred international companies were studied in the exercise thought to be the firstFT - 979 words
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Page 6 Advertisements
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Advertisement223 1980-07-04 6 THE TOP TEN u 'J TO JSSSS®* Why idle away your lifa and languish in poorly paid jobs with no future whan you can move ahead with the RIGHT QUALIFICATION? Enrol now with FEDERAL PUBLICATIONS HOME STUDIES DIVISION for any of the following courses and get just THAT QUALIFICATION! Institute223 words
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Page 6 Miscellaneous
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Miscellaneous740 1980-07-04 6 SINGAPORE 5 3.00 PM Operant Wowed by House- 7.00 Samfra (r) 4.20 intermission (.00 Openmg folowed With Harry Butter 6.30 News In Brief 6.35 Sports Parade l ofc>wed by House- Love, love, Love by In The WU The Desert 7.00 Samh (r) 7JO News Malay 7.55 Celebrity Charades 120 khmMy740 words
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Miscellaneous195 1980-07-04 6 caught la a Gutter! (5) 23 Deity la artatt (7) Pa* In, perhape, and hart S Jtvt the place lor a tip-up 2 Sane *«jdeper (5) X One maa'e money (5) SO Teach a follower (5) S A rttoenpntatmeat to the buyer (I) a Men always embrace her Wpcbu 1*195 words
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Article, Illustration928 1980-07-04 7 FLORA LEWIS - By FLORA LEWIS NYT MARGARET Thatcher's strength is that she knows her own mind very well. She says what she thinks quite directly, and it doesn't bother her in the least to keep it. X Although her accent is very British and she chops out her words toNYT - 928 words
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Article932 1980-07-04 7 B J WU - (FORUM I With B J WU 5 ONE OF the more exciting •> announcements to have emanated from the Prime Minister's lips must surely be his recent statement that the NUS (National University of Singapore>will be placing a high priority on producing the educated man and932 words
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411 1980-07-04 7 T G - Letters to the Editor T G DEAR Sir, I refer to the editorial in the Riainww Times (June 25) headed "Effective Sanctions Necessary". This points out the absurdity of the fine imposed on Qantas for trenching the Minimum Marketing Price (MMP) agreed upon411 words
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Article322 1980-07-04 7 A P Godwin - A P Godwin DEABSr, Althsngh most members e( the Sagapare legal prrtesslou (and maay ether people with aa Interest hi the subject as ■sen ef legal services) have been watting fsr seme time with varying degress ef anxiety fsr in eflhhl statement ef psttey ssntUsi) here, It322 words
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Page 7 Advertisements
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Advertisement282 1980-07-04 7 Wfe have a history of making moneygrow JaS. Lombard North Central is part of wJjBW i; 1 one of the world's largest banking i groups and we have a history whicHWl V 5 G Hi covers more than 100 years. jj fl jW in We offer a range of deposit282 words
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Advertisement304 1980-07-04 7 A whole fleet of cars to choose from. Japanese, German or British cars. Manual or Automatic Transmission. All our cars are Airconditioned and the latest models. r "Wf v A m hi rr > 14 •I A car always in top condition. Our Car Service Division sees to it. Engine304 words
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INTERNATIONAL STOCKS
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EUROPEAN MARKETS
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Article92 1980-07-04 8 JULY 02 Fn FORWARD MARKET AeeC 290 -1 Arbfd 1100 -20 Asiur 440 •t Brascan 964 -8 Bru-Lamb 1440 -10 Canpac 9T8 -4 Cock 230 De Beers 284 13 Ebet 1906 -10 Electrobel 6230 90 Gb-Inno-Bm 2410 30 Gev 1228 •10 Hobok 2650 unch Petro 9040 •10 Ry| Dutch92 words
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Article267 1980-07-04 8 JULY 02 Pr» CORBEILLE Air-Liqulde 41C B S N .Gervsls Oanonr 1010 C 8 F (ThomjonCsf 478J0 JJ Clc Fnncuit des Petroles 242J0 -07 Compt^nlf Financier* Compagnle OfneraJc 385 unch Credit Foncler De France 433 Hachette (Llbralrie) 238 50 1 Machines Bull MJO -0.4 Michelin (B).. 828 24 Panbas267 words
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Article173 1980-07-04 8 BASF Bay H T Wbank Bay Vbank IV.BOB nut WtM 13 4 Bayer IMJO I m MM -0.7 IMM Canella 330 UACh Cham Varw Com merxbank ConU Oummt Daimler-Bens nifinn TTTxd mm mm B1 -15J 1-J 4 4-2 Demac Deutsche Bank Dmdner Bank Dl Texaco Dyrkerhoff ST A Enka173 words
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Article180 1980-07-04 8 *-hjiar 02 n* ABN A%bank „AMEV. SI SO unch 3& 11-50 04 -1 -0J **4(lhfas lOB.OOB 1 rtinakak 84 JO unch Berfoa 3830 -4>J Berk M.OOB *S&«r 56.40 201 00 +0J -2 Bw rhmiiin 83.40 Oil Byenkorf 45 JO 22.30 0.3 -0.2 Calve Delft 158.00 ♦as Del! MIJ 8250180 words
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Article162 1980-07-04 8 JULY rnnci Action* Sulaaaa n lumlaat Br. m 11M 4-1 _5 Aluaulaae Re« Brown Bo»>n Br. 4*4 1630 4-1 +5 Ctba (Mq Br. CUM O*«o PC_ 1130 MS 41 10 Ctba OH|) Rat MB Credit auuae Br Credit Suisae Ret SIM 3M uncb 4-J fcjekvowatt Br Qeorge Placber Br162 words
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Article98 1980-07-04 8 JULY 02 Ante Aanc Oen Bulofl Centrmle rut Flnslder Oen Immob in Prl IUUcemenU Lira 8.75 ***** no ***** 1130 06 25 87.25 3830 ***** -015 -m -10 -520 unch 0.15 •30 -520 lUistder 1~~Z 325 3 MiflKU 11 PI 471 -31 Maraltl Ere Med >ot> Si ymflo -t98 words
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Article192 1980-07-04 8 JULY 02 CS AbiUbi i> A lean SI -•m AiffOfna 32 unch Bank Mont tf'. Bank Nova ScoUa Bell Tel 20 Belli Coep BP Can Ltd «4'i unch Braacan J7'. unch Camp Red Lake Can Imp Bk to. X. l*i Can par Can par In* PT 1( Carting OXeefe192 words
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Article320 1980-07-04 8 JULY 02 Rand industrials A Alpha Abereom AE And CI AM1C Barlows Currte Finance De Bern Ind Edcon Edgars Eveready Fed Volk Fu«U Oardian O tenant Oralemn Hippo Hive id Huletu Liberty Lonrho I.TA M And R Mccarthy Metbox Nediuri OIL Ok Bu Oudem 335B MS aoo 2425 1006320 words
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Page 8 Advertisements
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Advertisement517 1980-07-04 8 See Page 4 for Asian stocks ahd Page 9 for NYSE prices Where to wine, dine and entertain rt u Lii X lub W For drinking. For dancing. For delightful evenings. Music hy I&jccfws h/ft rridtioruil ()J l.othlnn. it v, f\ ,i SI I HI R :p»: ■<>'.< > v517 words
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Advertisement213 1980-07-04 8 I f I m i 111 I GRILL. fIICO Ibu don? know hcnv good it is until 30U eat someplace else.' 6th Roor, Front Block, Orchard Towers, i Orchard Road, Singapore 0923. 1 Tel: *****523 > Reservations Tel: *****50 Amp* parting, tpmommt rmr block. 4. EXCITEMENT jgry I. t I213 words
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BANKING AND FINANCE
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Article, Illustration691 1980-07-04 9 LEADERS of the Malaysian government have paid a handsome tribute to the outgoing governor of Bank Negara, Tun Ismail Ali, for his role in transforming a colonial banking set-up into a uniquely Malaysian financial system. When he leaves his office in four691 words
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221 1980-07-04 9 Reuter ITALIAN Prime Minister Francesco Cossiga has ruled out a lira devaluation and has estimated that Italy would have an overall payments deficit of around eight trillion lire this year. Market gossip still exists of a possible lira devaluation, but foreign exchange dealers generallyReuter - 221 words
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137 1980-07-04 9 Reuter MARINE Midland Banks Inc said its 78 per cent owned Intermarine Australia and Wardley Australia have agreed to merge their merchant banking operations. Wardley is owned by Hongkong and Shanghai Banking Corporation, which owns 41 per cent of marine midland, it said theReuter - 137 words
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Article120 1980-07-04 9 Reuter JAPAN'S external reserves rose US$l.24 billion in June to $22.64 billion at the end of the month from $21.40 billion at end-May, the Tokyo Finance Ministry said. The end-June level was down from $24.96 billion a year ago and a record $33.11 billion in JanuaryReuter - 120 words
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Article65 1980-07-04 9 THE Chartered Bank lowered its prime lending rate by V* per cent to 11 Vi per cent yesterday, bringing the average prime rate to 11.4 per cent. The bank has also cut its fixed deposit rates as follows: one month 9V4 per cent (previous 9Vi), three months65 words
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270 1980-07-04 9 Reuter FOREIGN eeatral basks will probably be aUe ta take part assa la all the activities sf earreat aarket jar* ttdpaato la the Safes capital expert sector, a Natl—l Baak official said. TMs weald haply altowtag the eeatral baaks to sahaerlbe toReuter - 270 words
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Article469 1980-07-04 9 THE U.S. dollar was quite steady against other major foreign currencies in a generally quiet market yesterday. Against the Japanese yen, the dollar opened at 218.5070 and remained steady at this rate (or the good part of the day. In the late afternoon, it moved up slightly to469 words
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1318 1980-07-04 9 NEW YORK AIRLINE, computer and brokerage shares were among the bright spots on Wednesday as the stock market moved broadly higher in heavy trading. Analysts cited renewed institutional interest and talk in Washington of a tax cut weighted towards business and investment rather than1,318 words
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Article296 1980-07-04 9 IN Singapore, gold futures turned firmer yesterday afternoon on some local buying interest but prices closed easier on balance compared with the ovenight close, dealers said. Trading was light with total sales for the day recorded at 132 lots mainly in August and October contracts. August closed lower at296 words
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Article169 1980-07-04 9 Asian rates ASIAN currency deposit Interbank rates as at Close on July 3: UIMuMNi) 7 days aS/M 83/16 1 month 9H 8* 2 months 9 7/16 9 5/16 3 months 97/16 95/16 6 months 9H 9-i 9 months 8%k 9H 12 months 9IV16 911/16 hlH. DM. /MUJL 1 month Smooths169 words
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Article46 1980-07-04 9 RANGE at prices offered by discount houM on July 3: Overnight: 6V» -115/1#* Call deport*: «V. 6%% Clutal Baying 8«U1M 3-month Treasury bills 6% 6*4 3 month Bank bills 011/16 99/16 3 months CD 619/16 613/16 6 months CD IH 8% Source: National Discount Co46 words
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Article22 1980-07-04 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.4 per cent.22 words
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Article292 1980-07-04 9 THE U.S. dollar was little changed against major currencies (ran Wednesday's closing levels, dealers said Trading was very quiet, and no new factors influencd the market. But a slight sastnesi in Eurodollar deposit rates pushed the dollar down a few points. The dollar opened at 1.7567/75 marks and 1.6170/292 words
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Article136 1980-07-04 9 THE U.S. dollar traded in a narrow range against major currencies in quiet featureless trading yesterday, dealers said. It stood at a late 1.7574/79 marks (ran an early 1.7576/ 81 and 1.7570/90 at the New York close and 218.65/75 yen from 218.75/85 and 218.55/65. Sterling slipped marginally to a136 words
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Article120 1980-07-04 9 THE UJS. dollar for overnight delivery closed at 218.70 yen yesterday, slightly up from a 218.50 opening but slightly down from 219.10 at Wednesday's close, dealers said. Trading was light with volume US$634 million. After an early weakness reflecting its overnight fall in New York, the dollar steadied in120 words
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Page 9 Advertisements
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Advertisement69 1980-07-04 9 AUCTION SALE TO BE HELD AT THE LECTURE ROOM GROUND FLOOR CHINESE CHAMBER Of COMMERCE HILL STREET. SINGAPORE ON FRIDAY 11TH JULY IMO AT 2.30 PM. No 17 BOON TAT STREET. SINGAPORE 0106' LOT 5-2 T.S.I 1 LOT AREA 1.781 SQ FEET TITLE: 999 YEARS LEASE MS WEE ENG LOCK69 words
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Advertisement292 1980-07-04 9 Rent 3 Granada Ghias fromWeames and set the 4 th one free* A #S K > If it's been some time since your company looked at the financial advantages of term rental cars for your executive staff, consider these figures: AFTER TAX COST PER MONTH FOR A GRANADA 2J GHIA292 words
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1691 1980-07-04 10 818 sad offer prices officially list«f 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 Acaa (11481,691 words
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Article158 1980-07-04 10 (Mnnil 'prima*hrMt) (MaaatM* prtea tar H The Commerce L«7 L«1 1 Won Spore Fund LBV4 LBV* The Savtnp Fund L7J LB INCOME MM )UKT t S'pore Proc Fond LM LM (Cfeial pel earn) s pare Sec. Paad Lit ia 1 mm 1 M S pare Invest Fund LM158 words
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Article2807 1980-07-04 10 1980 High. Low Company Last Sale Gr'a Div or- SECTION ONE DW C'vr Gr'a YHd Net P/E Vol COOO) Day High Low INDUSTRIAL COMMERCIAL 370' 223 149 183 324 80 310 400! 296 370 245 220 116 140 270 60 275 246* 187 285 Aetna Alcorn Allied2,807 words
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Article1650 1980-07-04 10 BID and offer price» officially listed and bnrlrwM in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded rimn in brackets in lots of 1,000 units, unless otherwise specified. mnomiAia Am (UB ÜBS) (1) 3.30 (2.188 2JOS) (1) LIT (1) 2201,650 words
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Article, Illustration680 1980-07-04 10 SELECTIVE iriilai eharacterteed the Wagsporr stock miM yesterday as bayers nIM to the a at twotoyi' kwiwiri ft to share prices. Bmm eeaaters still taßed to rwpwi to the Improved battea ■ten* feaad ready higher.' The rebeaad helped restore sesae esaddeaee to l h3| Bl1 the marfcrt680 words
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Article573 1980-07-04 10 BUYERS staged a comeback after three sessions of uneasiness to push the Kuala Lumpur stock market moderately higher yesterday. Trading, however, was slightly cautious as some investors continued to stay away. Sentiment was better all round. The rally was led by the industrial heavyweights which573 words
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COMPANY NEWS
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Article, Illustration834 1980-07-04 11 THE Singapore stock market ended the month of June as it began restrained by hovering uncertainty, but still fairly resilient Share prices were quick to recover from bouts of profit-taking. Although some brokers felt that the market needed a longer rest to. digest its recent gains, sellers834 words
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Article238 1980-07-04 11 SHARPLY reduced output of tin concentrates has resulted in a substantial fall in mid-term earnings at Hongkong Tin Ltd. The pre-tax profit of the UK-incorpo-rated company for the six months to March 31, 1980, slid 84 per cent to only $441,000 from the $2.69 million reported238 words
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Article241 1980-07-04 11 FIRST half results of Roxy Electric Industries continued to reflect a healthy growth with profits increasing by some 64 per cent. The company's pre-tax profits rose to $3.3 million in the six months to March 31, 1980, compared with $2 million previously. Operating profits in the241 words
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Article459 1980-07-04 11 Current Payment Ex Date Book* Cloae Date Total for Total for Pnyable the year Previoua year Dak Yung K T Pau CCM B Kawan Duff Dev Shangri-La Matauskita S H Ckaa D Keraaiat Magnum Corp C Prop M Box (8) P M R Ind T City Prop S459 words
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Article136 1980-07-04 11 Company Particular* Ex Date Books Close St Trading Bonus Issue of 1 for 1 Jul 2 Jul 12 Bolton Bonus Issue of 1 for 2 Jul 14 Jul 24 Grand Central Bonus Issue of 1 for Jul 24 10 Jul 17 SP Textile Bonus Issue of 1 for136 words
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191 1980-07-04 11 OVERSEAS Union Bask (OUB) announced yesterday that 99.82 per cent of its recent rights issue of 20.53 million new shares have been taken up. In February this year, the bank announced a rights issue of l-for-5 at $2.00 per share, par value191 words
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Article418 1980-07-04 11 AILING Amcol Industries has sunk into losses again after having resurfaced for a profit breather in 1977 and 1978. This manufacturer of lighting fixtures, electrical components and plastic products turned in an operating loss of $74,888 for the financial year ended Dec 31, 1979, compared418 words
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496 1980-07-04 11 PACIFIC Development Credit, benefiting from increased contributions of 80.67-per cent owned subsidiary Malaysia Borneo Finance Corporation (MBF) which has apparently offset losses elsewhere, has reported a substantial earnings rise above the line. Group pre-tax profit for the 12 months to Sep 30,1979, more than496 words
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319 1980-07-04 11 BABLOW BeMtags the njm MW pluWtM cemblae that was receatly laraacd eat af the merger •f fear Bartew rem pa aire has wperM a mUh pre hi pnfit ef £SJ7 mllttea ea a taraever e( £1.11 mllttea far the year eaded Dee SI, IV».319 words
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Article550 1980-07-04 11 DESPITE stiff increases in the prices of Chinese medicines and herbs last year, Eu Yan Sang Holdings (EYSH) recorded its most successful year since its public listing in 1973. Group pre-tax profits for the year ended Dec 31, 1979, soared to $1.72 million, a SO550 words
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Article441 1980-07-04 11 THE KLSE has asked Treaggaaa Development aid Maaagemeat Bhd (TDMB) the reasons or factors contributing to the improved profit performance for the year ended Dec 31, 1979. TDMB's just released year-end results showed the group's performance has improved tremendously compared to the previous year. SINGAPORE Bib Service has441 words
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Page 11 Advertisements
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Advertisement154 1980-07-04 11 The Secrets of Oriental Breathing for Health and Longevity What is Ch'i? this power that can rehabilitate failing health and recharge the human spirit, arrest illness and keep disease at bay? Can Chi really prolong vigorous life, regain lost years? Where did it come from? How can I find this154 words
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Article331 1980-07-04 12 THE MERGER of Malayan Tin Dredging (MTD) with five other tin companies is expected to bring in substantial economies of scale, MTD said in a letter to shareholders yesterday. The five companies involved in the merger are Southern Malayan Tin Dredging, Southern Kinta Consolidated, Kramat331 words
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225 1980-07-04 12 THOSE who wish to contest Parliamentary elections in future will have to prove at least ten years residence in Singapore before becoming eligible as a candidate. A bill now before Parliament seeks to amend the Constitution so that a person standing for election must not225 words
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379 1980-07-04 12 AGNES WEE - By AGNES WEE THE bacon of many a government department has been saved by a little-known fund that can be drawn on in emergencies. Known simply as the Contingencies Fund, it has been used for all kinds of needs arising from departments and ministries379 words
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Article, Illustration325 1980-07-04 12 Reuter RUSSIA is ready to discuss with the United States the question of limiting medium-range nuclear missiles. West German Chancellor Helmut Schmidt told parliament yesterday the offer was made by Soviet President Leonid Brezhnev during talks they had earlier this week. Mr SchmidtReuter; UPI photo - 325 words
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222 1980-07-04 12 A LIBEL action by the committee of the Stock Exchange of Singapore (SES) against the Far Eastern Economic Review (FEER) and three other defendants was withdrawn in the High Court yesterday, following apologies by all the defendants. The apologies were tendered to all five plaintiffs222 words
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Article851 1980-07-04 12 Reuter THE market closed sharply firmer yesterday after the one point cut in minimum lending rate with GBC providing a late feature, Jumping 26p to 420p following better than expected annual results, dealers said. At 3pm, the FT index was up 8.4 at 172.0. Industrial leaders rose byReuter - 851 words
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273 1980-07-04 12 MR JUSTICE D'Cotta yesterday dismissed a $2.5 million suit by the First National Bank of Chicago against a woman property stockbroker. Madam Tan Lai Wah, 56, was alleged to have signed a guarantee rendering her Ha hip for unlimited credit facilities extended273 words
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Article111 1980-07-04 12 THE EXPORT price of tin slag containing tantalum has taken a sharp plunge since last month ahd this has "upset" some of Penang's major exporters. Sources said a certain grade of slag once fetching M 55,000 a ton in Germany has since fallen to111 words
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Article214 1980-07-04 12 Reuter MINOR clashes are continuing around two major base areas of guerillas loyal to the ousted Khmer Rouge regime in Kampuchea, apparently in a build-up to major attacks by Vietnamese troops; Thai military sources said yesterday. The sources said brief clashes occurred on Wednesday in* northernReuter - 214 words
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Article162 1980-07-04 12 Pr*m treat page formed of progress with the development and that Ngee Ann while knowing the extent and nature of the problems continued to accept the rentals that Metro has diligently made in respect of the lease. These plus other disbursements are claimed to indicate Metro's continuing good162 words
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Article395 1980-07-04 12 THE Kuala Lumpur Stock Exchange (KLSE) has urged the government to implement an offical code of mergers and takeovers and a code for transactions by directors in listed companies in the interest of the securities industry. This would ensure that the offical requirements395 words
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Article210 1980-07-04 12 Reuter PRIME Minister Lee Kuan Yew has said he has come to look at the question of having "military understandings" within the Association of South-east Asian Nations with an open mind following recent developments affecting the security of the region. Mr Lee made the statement inReuter - 210 words
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Page 12 Advertisements
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Advertisement232 1980-07-04 12 EXPERTS 71 ;TiT7TFIIT7 RECESSION? GROWTH SPECIALIST SELECTS NEW BUYS FOR EARLY CLIMBS Why should a stock that the Capital Gains group recommended two and a half years ago at $5 be trading in the $50s during what is supposed to De one of the worst recessions in U.S. history? The232 words
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Advertisement189 1980-07-04 12 Consumer Goods Agency Companies Wanted A large international group involved in general trading and manufacturing wishes to acquire companies engaged in the distribution of office equipment, foods and household products. Desired financial involvement upto *****,000 in any one venture. Reply to: The Chairman, Coopers Pte Ltd 25, Gallop Road, Singapore189 words
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Page 12 Miscellaneous
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Miscellaneous59 1980-07-04 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 24 hours prior to 7.39 p.m. on July S at the airport. Maximum temperature 31.2 Associated humidity 72 Minimum temperature 24.3 Associated humidity 93 Hours of sunshine 10.20 Rainfall in millimetres Nil Total rainfall for the59 words
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SHIPPING TIMES
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PORTSIDES
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Article74 1980-07-04 13 Reuter THE Association of West India trans-Atlantic Steam Ship Lines has adjusted its port delay surcharges for vessels commencing to load at European and Colombian ports, effective July 7, Witass said. The adjustments for westbound traffic to Colombian ports in dollars per freight ton are as follows:-Reuter - 74 words
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Article70 1980-07-04 13 Reuter HITACHI Shipbuilding and Engineering Co Ltd has won an eight billion yen order from J L Offshore Drilling A/S of Denmark for an oil drilling rig for delivery to be completed by October 19KL This is the second drilling rig order from the Danish firmReuter - 70 words
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Article123 1980-07-04 13 AP A TAIWANESE fishing boat came to the rescue of a Chinese fishing boat which had a broken rudder and was being carried out to sea in high winds and waves on June 20, the People's Daily reported yesterday. The paper did not identify the Taiwan boat,AP - 123 words
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Article, Illustration565 1980-07-04 13 LINDA CHEE - By LINDA CHEE YANGMING Marine Transput Corporation of Taiwan will introduce a new independent Far East/Mediterranean service via Singapore next month as part of its ongoing expansion programme begun four years ago. This will bring it into competition with two other privately owned Taiwanese565 words
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Article613 1980-07-04 13 SktpptegLtee Cat Adriatic IV 5 Afea VI 3 Afro-Eur«sia vm 2 All trans VI 1 5 Alpac VI 5 Angkutan VI 4 Angonave -.VI 2 Anhsing vn 1 ANL I I APL m 4/5 Argentine IV 4 ASCL m 1 Asia Merchant IV 5 Bank Line V613 words
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Article, Illustration420 1980-07-04 14 The biggest ship built in Malaysia is ready for launching. All it needs now is a slipway to get it into the water. And while this has caused a few red faces at Sabah Shipbuilding, Repairing and Engineering Sendirian Berhad (SSRE), which built the420 words
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Article199 1980-07-04 14 THE Red Ensign, due to come down on Australianowned ships on July 1, will flutter for a little longer. Legislation that will grant ships Australian nationality and the right to fly the Australian national flag was introduced in parliament just before Canberra virtually closed down199 words
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Article1030 1980-07-04 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival Is advised by the Shipping Line/Agent and Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following1,030 words
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Article1342 1980-07-04 14 BROKERS continue to report indications of slightly softer rates in Atlantic trade as the holiday season approaches although in the Pacific rates are still holding up well. Northern American grain business on Wednesday was relatively modest but included a 47,500 tonner out of the St Lawrence to Holland1,342 words
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Article, Illustration819 1980-07-04 15 UNUSUALLY severe weather conditions caused the West German barge carrier Munchen to sink in the Azores in December 1978, the Court of Marine Inquiry in Bremerhaven ruled recently. Despite extensive testimony and careful sifting of all possible evidence the court could not819 words
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339 1980-07-04 15 MARKET reports that Overseas Container Line has purchased two Seatrain container ships are being treated with great circumspection by the operator. Two weeks ago the sale of the 1978-built sister-ships Seatrain Valley Forge and Seatrain Trenton was reported on the market for an en339 words
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178 1980-07-04 15 EUROCANADIAN Shipbuildings may follow its recent heavy spending on new ships with a major investment in the offshore market. A new subsidiary set up to advise on future policy is eyeing the soaring charter rates for deepwater rigs in the North Sea says Lloyd's List.178 words
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Article, Illustration478 1980-07-04 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Botany Treasure (Tanker) (after On Ping hauls D/L A T/L) 35/36 Entre Rios n (after Yue Yang shifts) 1/2 Erick Lu (1800 after Ocean Cobalt) 29/30 Nedlloyd Marseilie (1200 Empros) 3/4 On Ping (1830 hauls after Hague Mara sails) 33/34 Patagonia Argentina478 words
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3237 1980-07-04 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 of3,237 words
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1041 1980-07-04 20 i ORIENT EXCHANGE THE FREIGHT market in South-east Asia for coastal > shipping is steady especially for vessels under 10,000 dwt. Vessels above 10,000 dwt are experiencing a less demand with a softening of rates for both trip charter and af- freightment contracts.1,041 words
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Article132 1980-07-04 20 The major shipping consortia operating between the Far East/Europe and Straits ports/Australia and the "jnember lines. JkCE (FAB EAST/EUROPE): Franco Belgian Services. •K' Line. Korean Shipping Corporation. Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd Lines. Neptune Orient132 words
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277 1980-07-04 20 EVERGREEN Line, the rapidly expanding Taiwanese baaed container ship operator, has revealed that the Japanese government has stepped in to prevent the line exercising two options for newbuildings from the Onomichi yard. The line surprised observers when it recently turned to the China Shipbuilding Corporation277 words
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Article1466 1980-07-04 20 The leading shipping lines operating from local Crts and the agents who handle cargo bookings r them. A-B Adriatic Csatstanr Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK/PN). Alfred C. Twffer Sea Consortium (S)Marintex Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg and1,466 words
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Page 13 Advertisements
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Advertisement358 1980-07-04 13 Scan Dutch V Fast and Regular Service To/From N.C. /SCAN W.MED./U.K. Singapore Tel *****1. Port Kelang Tel *****1 Kuala.Lumpur Tel *****. Penang Tel *****6 rra jar dim amah U m Orient Overseas Co*Uai*ieA Line T T 3 ,Ts 3 >#>•■ 37, a (if aii' 7 (OKA* tAOJM SW Fa. 7/7358 words
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Advertisement211 1980-07-04 13 aaxs mi. SEALORD ANTAH UASC UNITED ARAB SHIPPING CO (SAG) EXPRESS MULTI-PURPOSE SERVICES Vessel M KHAiIKAM ill FULLY CONTAINERISED SERVICE Vessel NAVKATOIt V.C AL WATTTAH V.7 S'part Loading for 17/7 3 w NAVIGATOR V.7 20/7 I Jeddah (31/7), Hododah (2/8) ViVi SEALOtt SHPfWG MEMOES (R«. 242H5/00C) 3RD FLOOR, MARMA HOUSf211 words
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Advertisement24 1980-07-04 13 mm CONTAINER Schedules II LONDON Freights O/m SHIPS In Pert •••••••••••••••••••••••••••••••••••••a m SHIPPING List vn REGIONAL Weather Vffl ORIENT Exchange Vm THE Consortia Vm24 words
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Advertisement412 1980-07-04 13 Jm Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore Tel *****1 Port Ketang Tel *****1. Kuala Lumpur Tel ***** Penang Tel <*****6 n* MAERSK LINE EXPORT TO U.S. PACIFIC. GULF, ATLANTIC, EAST CANADA AND ASIAN PORTS r w Salad 1-7/7 13-14/7 20-21/7 27-21/7 life Sn«*>ore Oosmi412 words
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Page 14 Advertisements
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Advertisement819 1980-07-04 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG M//7, HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALAYSiANNTERNATIONAL SHPHNG CORPORATIONBERHAD T» Ent ff—Emw •f Mang Vtssd S pore 1) Msafcs 2) Rdam 3) Hburg Owe 1) G'bwrf 2) Hburg 3) B»«n 4) Rdam 5) La819 words
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Advertisement186 1980-07-04 14 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA Kite Mi ttfOKl CM M to* CMi hM IM tort* St. Mb KM. Ma tort* mm iVJ. 12/16/11/1- 10/1 11/ l 16/8 19/8 24/1 nOMOPTUE 44/7 M/l I K/l 1/9 4/1 5/1 7/1 9/1 11/1 12/1 20/9 23/1186 words
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Page 15 Advertisements
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Advertisement587 1980-07-04 15 Overseas B M..1. Containers Limited Weekly service to/from U KJEurope CONTAIOSW SERVICE TO UK/COHTMWT: City EdMurg Cardgaa Bay L*p Bay i Express It U Bay Hamkwg Eipress Takye Bay nmt Spar* PKalang D'*ark Brem 25 M 27 M 11 M 31 M 2 Aug 2 Aug 4 Aug 9 Aug587 words
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Advertisement514 1980-07-04 15 pfo Franco Belgian Services (F .r Fa*! >Vrt xct u\th lit './trjw > .jr Kiisf»rn I.vne--1 sonnet from eumpe SMUNK P.SUK Le there R'4an HW| BThew I'M) R'taai NW| Bit*** UHm PJMmi Spare MM hPUt 22 M MM 21M 27M 30 M C. CONTMB IS Ml 13 Ml 14 tw514 words
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Page 16 Advertisements
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Advertisement668 1980-07-04 16 Hapag-Lkyyd TO NORTH EUROPE nil comwoEfftas service Carifgan Bay larp Bay Bremen Exprtts Kowtow Bay TO MEPHERRAHEA FULL COWTAHIIWESS SERVICE TW HK S'pore P Keiangj Genoa Trieste Npponca 1/7 3/7 2/' 14/7 1/8 8/8 Hakata Hani 13/7 15/7 18/7 20/7 10/8 17/8 Mtdttterma 22/7 24/7 29/7 30/7 19/8 25/8 TO668 words
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Advertisement771 1980-07-04 16 LIKIL X KOREA 7Z° P. Kelang ALTAR 153W 17/20 July PENANG 21-24 My ALTAR 153W 17/20 JUy 21-24 Wy 25/29 Wy FROM BUS, BANGKOK ALTAIR 154E 17/20 Uy 21/24 July 25/29 July TO BUS* VEGA 1511 V 10/14 Auc 15-18 At* 19/23 Au| FROM BUS! BANGKOK VEGA 152E 10/14 Aug771 words
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Advertisement483 1980-07-04 16 EVERGREEN LINE FAR EAST EUROPE EXPRESS FULL CONTAINER SERVICE ACCEPTWG CARGO F<* HAMBURG. FELIXSTOWE. ROTTERDAM ANTWERP. IE HAVRE ALSO ACCEPTWG CARGO FOR: UNfTED KHGOOM SOUrHAMPTON. LONDON, MANCHESTER, BMMNGHAM. BRISTOI. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND S®BTFK6AM MMW4— FASMM WM9 L* Htwt Etw VtTif* HMy lA* 3A* S ta| 1%483 words
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Advertisement931 1980-07-04 16 Everett Lines 1^ Burra Fivt Star Shipping Corpn. "BURMESE NATIONAL LINE' LOAOM6 FOR RANGOON fpw Nm PHUMECTAWtM 1 1/ v V M 17/11 Mr B F SS C Aoenf* in Motoyno BOUSTEAD SHPHNG TEL NOS KL *****2/*****9 IncarcftfttMMtal S. A. C.I. F. LOADWG FOR DURBAN, CAPETOWN",'•MONTEVDEO, BUENOS MREsjj PATAGONA AKEMTMA931 words
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Advertisement599 1980-07-04 16 UO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD 131 SANKYO LINE AUSTRALIA SERVICE Sag apart P. Rata* 25/26 My 27/21 M 27/21 My STD. MEL. ABEL BANGLADESH SERVICE MTPMCC h Part CJfTTAGONG, CHALJM JAPAN/STRAITS SERVICE SRcapare P. Kabul Pananc SANKOUMARU Salad MASLUCX 54/7 PALM 1/7 MAI ASPMTKM 12-14/7 6DOUH KOTO OCEM SHPPMC599 words
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Page 17 Advertisements
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Advertisement881 1980-07-04 17 PIL GROUP EAST AFRICA/REDSEA SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES Singapore 29/31 July Loading For: Clwttagong, Madras SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES HOT* EAGII. 12/14 M KOTA MACHAM. m SINGAPORE/INDONESIA/SINGAPORE SERVICES KOTA MUUA KOTA JAOE KOTASMGA 14/17 M 12/15 Jul In Ft/4 JM JAKARTA SURABAYA SURABAYA S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTABLE LCL/FCL CONTAINERS/ also acceptable881 words
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Advertisement739 1980-07-04 17 to tarn SeBEN LINE CONTAINERS oncss CONTAINER SERVICE TO/FROM EUROPE bh»« «mm wwe sou* Sf« fWm »Gna,/ Aasina Astasr, Frasct M lIJL 4/7 &n nn an an t»p 11/7 a/7 2J% n/7 J/1 4/1 SS VI VI J/l 11/7 11/1 12/1 14/1 7/1 11/7 W Xl/S 11/1 ivi 14/1 im739 words
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Advertisement607 1980-07-04 17 ScanDutch9 S»«r, MUt 5/7 ream 11/7 Ml IV7 mm an MU 2/1 «a i/t I'll Wiii I'' A J'l i' 1 nil If ii I» J I i v T 71 v CVn i *A ■4 f i 1 ai ,d. I) M*». StodMM. QM, HMi 2) Copcnhafw. Atrtiat 3)607 words
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Advertisement460 1980-07-04 17 1?. i p BOUSTEAD SHIPPING AGENCIES f, s I i 1 A 9 fld 1 ii\ I it' I id* BANK LINE FOR REUNON SOUTH AFRICA tEAMBANK EAVERBANK KUANTAN 11 SWGAPORE U eta Reunion 27 Durban 2 Capetown 9 Pt Eta 13, (afeo accepting East London cargo) Lukes/o* Linos U.S.460 words
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Page 18 Advertisements
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Advertisement714 1980-07-04 18 T~ K line KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA Cupn Mm Mte*. SI W A LI- A y /V J w vjujno, vJRCHRVi rwinßi iwifiion, ojivmon. wv Mortafli Sivsmli, iiciiswvtt TO EUROPE (acc*pfa| otMi I* Scandnana na Hant»[) FROM EUROPE TO FAR EAST VnMk cal tfbwj.714 words
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Advertisement532 1980-07-04 18 CAUFOtMA/PACFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE LaaMf tar lOt ANGELES. SAN FMNCBCO, SEATTLE. TACOM, VANCOUVER. BX. Achhn ra/Fa f I*lll m Smm** I Aunt AUSTRALIA EXPRESS CONTAINER SERVICE AccMN FO/Fa CaMMn NEW ZEALAND SERVICE ia*ikrMKLrniimajniiHu TBHWIHXj JAPAN SERVICE M i v '•""l f Smuftrt Hunt* P* "ES? <«■•» &*»>532 words
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Advertisement698 1980-07-04 18 (>roui> SINGAPORE SHIPPING AGENCIES PTE. LTD ZOTH FLOOR OCF AN HIJIL DINIJ SINGAPORE 0104 MARKETING *****2 (JUNES OF NE HAL 9131 1 1 .14 MfC TEIFX MS24-.9'. RS ?bbf>B A B C ARSHIP r ABL E CARGOSMIP ittlliffeat Kejiional Container Linos WEEKLY CONTAINER SERVICE to/from BANGKOK S PORE (MM) J/10698 words
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Advertisement586 1980-07-04 18 nGRANARD LIME INDEPENDENT- A TTRACTIVE RA TES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO FCL ONLY FOR PORT SAID. ALEXANDRIA, BEIRUT LATTAKIA. UMASSOL ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge FORTUNE STAR V3M MAN SMC V.4M MAN OfONG V.41N.. +C*« ftrl S*. Nkm I A* 29586 words
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Advertisement663 1980-07-04 18 uMMiuaai uaaMH INTRASEA (PTE) LTD f.ibpr House 234E Orchard Roac Singapore^ Telephone ***** M *****57 VOtAtlAlI REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S>«| MMmi PNW La ARRMM79 SM hhrt BOULOOI KOTTBKM MMHTW LEADER NBB2 5 1.1 KOTTBKM "4 29 M 21% 9 Aug 13% BOULOGK/ ROTTBMAM/M (ft ROTTERDAM/BOULO IK663 words
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Page 19 Advertisements
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Advertisement652 1980-07-04 19 NEPTUNE OWENT UNES LTD TO EUROPE/UK (VIA SUEZ): m CONTMO. 0. CHEF+ S.S. BRDGE N CORAL c. comm.. K MCEJM Container feedered to/from Fstowe Also accepting cargo to/from Scandinavia FROM EUROPE (VIA SUEZ): C. CONTMO. K. MCEJM m BRDGE N.PEAIB. C. PAUL MERCATOR C. RO2E ■0 CHEF S pore Closing652 words
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Page 20 Advertisements
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Advertisement341 1980-07-04 20 f EGYPTIAN .uTrnk.l iTiAki a l l IMC /C 11 INTERNATIONAL LINE (EIL) EGYPTIAN FLAG DRtECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) STORE PT SAD ALEXAMJRIA PYRAMDS U My 11 W J* SPNMXU My II **22 «m» Carp Bootap Hum Phone *****43 MAMTHAM CARGO PLEASE CONTACT KCHEWKEK MWQA^« FROM341 words
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Advertisement308 1980-07-04 20 REGULAR NON CONFERENCE SERVICES MEOTERRAIEAN SEA SERVICE S port P Wane Pmm( Ln*M kr. OCEAN GLORY V.IMB MM- Port SaM/Unoal/NaiasMa Phaw/BM/MHta/BMrg" I CAMERON CELTIC LINE uk)\ SERVICE FROM TO ITALY. SETE AND NORTH CONTVENIAL ETA no M.V. UNPNORLO V.IW 10 M 15 M (BIT 1976) HV. DON ROBERTO V.IM. 17308 words
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Advertisement36 1980-07-04 20 NOTICE rS3! Gneral aurvey am damaged cargo dtactwrgcd ex the above veaarl will be held oo Tuwdiy Mb July IMI aa tram Ml a.ao. to 12.00 8008. No farther aurvey «m be hrid after tMe date.36 words
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Page 20 Miscellaneous
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Miscellaneous162 1980-07-04 20 Regional i K 25 t > T /J 5£ 1 >• |2, -is w 1 X\ l? Sk r. l »< v. w f SIGNIFICANT WEATHER AND SEA CONDfTIONS AT 7.30 A.M. THIS MORNING. c „cr Op w w... Wind direction with speed in knots Dew point C Wave height162 words
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