The Business Times, 8 July 1980

Microfilm: NL10697
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C*(P) No. 111/1/8# TUESDAY, JULY 8, lMt 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Saving energy
      53 1 THE Member of Parliament for Bedok, Mr Haji Sha'ari bin Tadin, will ask the Minister for Trade and Industry, Mr Goh Chok Tong, whether he plans to introduce energy conservation measures to encourage people to save energy. This is one of three questions received last Thursday for the
      53 words
    • Article
      Lock icon Shah improving
      59 1 AP EGYPT, Mon. The temperature of the deposed Shah, Mohammad Reza Pahlavi, is almost normal now and he is "very alert" and "improving nicely", his spokesman said today. Robert Armao, the spokesman, also criticised a report published on Sunday by the semi-official Egyptian newspaper A 1 Ahram which
      AP  -  59 words
    • Article
      Lock icon Recognising Heng Samrin
      66 1 UPI NEW DELHI, Mon. Indian Foreign Minister Narasimha Rao announced in Parliament today that "India will establish diplomatic relations with immediate effect with the Kampuchean government" headed by Heng Samrin in Phnom Penh. Heng Samrin's government was installed in the Kampuchean capital after Vietnamese-led forces overran the
      UPI  -  66 words
    • Article
      Lock icon Suzuki selected
      62 1 UPI TOKYO, Mon. Kingmakers of the ruling Liberal Democratic Party have picked a one-time socialist and agriculture minister as Japan's next prime minister, government sources said today. The still unofficial selection of Zenko Suzuki was made known shortly after LDP leaders, including two former premiers, Takeo Miki and
      UPI  -  62 words
    • Article
      Lock icon Oil rig accident
      65 1 Reuter BELJING, Mon. A number of people were killed in a serious accident involving an oil rig in the Bohai Gulf, off the north-east Chinese coast, a petroleum ministry official said. Asked whether she could confirm reports that 70 people had been killed when a rig collapsed
      Reuter  -  65 words
    • Article
      Lock icon Boycott threat
      79 1 UPI TOKYO, Mon. Japanese fishermen threatened Japan would stop buying American fishery products if the US Congress bars foreign fishing fleets from a 321 km exclusive zone off the coast of the US. Three hundred fishermen held a rally in Tokyo to demand the withdrawal of a bill
      UPI  -  79 words
    • Article
      Lock icon Women warned
      38 1 AP TEHERAN, Mon. Women employed by the Iranian government will be fired immediately unless they are wrapped in traditional long black Islamic veils when they report to work at Bam tomorrow, the revolutionary prosecutor-general said. AP
      AP  -  38 words
    • Article
      Lock icon Dow Jones
      67 1 AP NEW YORK, Mon. The stock market moved slightly higher this morning. The Dow Jones average erf 30 industrials rose 2.73 points to 891.64 in the first half hour. Gainers outnumbered losers by a 2 to 1 margin among New York Stock Exchange-listed issues. Analysts said there was
      AP  -  67 words
  • Article
    Chief Price Changes
    141 1 Rises Indices Mtl»u Tin Tu Chong P M Hides Wearnes 3700 820 400 273 50 +50 20 14 B.T.Indicator: Industrials: Jul 4 Jul 7 5997.97 6060.14 546.25 547.90 Sungei Beei 1440 10 Finance: 978.95 979.06 Skaagri-La 1130 10 Hotels: 477.80 478.86 Sel Properties 885 10 Properties: 396.35
    141 words
  • Article, Illustration
    KUALA LUMPUR
    141 1 Rises Indices Tan Chong Malayan Tin 825 +60 Jul 4 Jul 7 3800 +50 B.T.Index: *****.*****33.00 A Hitam Tin 1560 40 Industrials: 645.97 647.22 S Kin La 1630 40 Finance: 910.37 910.23 Roxy 250 +30 Hotels: 378.55 378.36 K L Kepong 535 +25 Properties: 440.25 439.32 Falls Tins:
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  • Article
    Promet equips for expansion
    747 1  -  EXPECTED TURNOVER $170 m By LINDA CHEE PROMET, a leading local ship and rig building yard, is spending $20 million this year on new equipment to cope with increasing orders and lay the ground work for its entry into large-scale marine construction projects. Underlining its growing
    747 words
  • Article
    HDB now houses 67pc of population
    217 1 ABOUT 67 out of every 100 Singaporeans were living in Housing and Development Board flats at the end erf March this year. This compares with only 32 of every 100 at the beginning of the *****, and 64 as at end-March last year. According
    217 words
  • Article
    CRA acquires local steel foundry
    499 1  -  By RONNIE LIM CRA, one of Australia's largest mining/manufacturing groups, has gained a foothold in the local steel foundry business. The company acquired Jurong Alloys from Inchcape Bhd and Johns Perry this month. The acquisition of Jurong Alloy through subsidiary Conzinc Asia Holdings is a
    499 words
  • Article
    New investment company
    238 1 THE second largest US investment banking and stock broking company, Dean Witter Reynolds, has set up a wholly-owned subsidiary in Singapore to deal in US equities, fixed income instruments and commodities. Known as Dean Witter Reynolds (SEA), the new office will serve the company's activities in the
    238 words
  • Article
    Stock issues to raise $800 million
    207 1 THE gaveraaseat will Mke Ms eeeend ■—I r®** aa lame «f $8M mllttaa «f isgltamed stocks en Jsly n. tommy smrbat Is generalIs spilt tote tws The balk Is a 9» "U--ttoa tax-free Issae to be Them will be Issaed to the highest the
    207 words
  • Article
    S'pore and Malaysia agree on air services
    516 1  -  By WANG LOOK KEAH MALAYSIAN and Singapore communication ministers agreed on major points of a revised air agreement barely two hours after they opened the eighth round of negotiations yesterday. A draft of the agreement was completed by officials of the two delegations
    516 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      41 1 Corporation roc ail type* or Culinary (Oriental Kohl Corporation ><M Tel: *****4/*****4 i r P! l,i WWOW. TeK«: RS ***** A/B RAKICOR rufcbed. herbs, CsMc: "RAKtCORP" IvtcU Mar tiling Industrial Estate Malaysia Td: ***** Manufacturer. RAKICORP" Joftorc Batiru miller and sto<
      41 words
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      Page 1 Advertisements Column 2
      152 1 Leader...page C SO YOU STILL CMAIfE 1 You wouldn't use a scouring agent to clean bone china, would you? It's the same with teeth. Yet ordinary toothpastes are too bland to remove tobacco film, and tea, coffee or other stubborn stains. The answer? New Clinomyn the toothpaste specially formulated for
      152 words
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      Page 1 Advertisements Column 3
      18 1 (!]-\^[}('|=!:$!^|\_-]<@'">,;`= m SHIPPING TIMES TV AND RADIO I, CROSSWORD C WHERE TO WINE AND DINE I, SHAKE INFORMATION It
      18 words
    • Advertisement
      Page 1 Advertisements Column 4
      233 1 RICOH D lain paper cop<ers VP CALL *****6. Wywy Private Limited Wywy House, 17 Lertg Km Road. Singapore 0315. Consumer demand patterns In ASEAN n° O O O o° O 0 °A° 7 ABQ 2nd Quarter 1980 Asean has one of the world's highest growth rates and with increasing affluence,
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  • TRADE AND INDUSTRY
    • Article
      Lock icon OMRD studies feasibility of copper plant
      296 2 Bernama OVERSEAS Mineral Resources Development (OMRD) of Malaysia has allocated $1 million for a feasibility study of the setting up of a copper smelter and refinery in Malaysia. The OMRD, which is operating Malaysia's only copper mine near Mamut in Sabah, currently sends its
      Bernama  -  296 words
    • Article, Illustration
      Hygiene services fast gaining popularity'
      464 2  -  By LEE YOKE MENG HYGIENE services are fast gaining popularity if Initial Services' recent $2.5 million expansion, which came less than two years after its operations in Singapore, is anything to go by. Initial Services deals with the rental of cleaning materials, such as dust
      464 words
    • Article
      PROGRAMMING COURSES
      382 2 A BRITISH computer education company will hold four short courses in Singapore aimed at improving the skills of computer programmers. Mr Peter Brown, director of the Londonbased Applied Data Education Services (ADES), will conduct the courses to be held in early October. The organiser of the courses is
      382 words
    • Article
      Jack Chia elected chairman of SNEF
      206 2 MR JACK Chia, the chairman and chief executive of Jack Chia-MPH, was elected the chairman of the newly formed Singapore National Employers Federation (SNEF) last Saturday when the council of the federation held its first meeting. The SNEF, resulting from the merger of the
      206 words
    • Article
      NEC to raise investment in KL
      117 2 NEC of Japan expects to increase its semi-conductor investments in Malaysia by about US$7 million this year an increase of almost 75 per cent of its total investments to date, the managing director for Malaysia, Ma sayoshi Ozawa, said yesterday. NEC ranks third in
      117 words
    • Article
      Big jump in KL sawlog exports
      371 2 PENINSULAR Malaysia's sawlog exports during the first-quarter of this year totalled more than three times the shipments made during the corresponding year-ago period. According to the Malaysian Timber Industry Board (MTTB), 60,239 cubic metres of the product were exported from the Peninsula from January
      371 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      342 2 CONSOLIDATED Hotels Limited (CHL) has appointed Mr Uehtri Cfcee as hotel project planning manager. Mr Choo has more than 15 years of experience in the hotel industry. CHL's subsidiary, the Peninsula Hotel, has appointed Mr James Lm as hotel manager. Mr Loo has been with Peninsula for
      342 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      182 2 M n <k <**£ The Serie Big saddle leather office suite. 1 Now from Frans, the same prestige and luxury in your office that it has given your home! We present from Mariani of Italy the Serie Big director's office suite. In a smart contemporary mix of ageless saddle leather,
      182 words
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  • REGIONAL
    • Article
      Lock icon Zia will change law to please Shiite minority
      378 3 UPI PRESIDENT Mbhammad Zia Ul-Haq promised his nation's angry Shiite Muslim minority that a tax law which they say is discriminatory will be changed. Zia's decision to amend the law ended a protest by the Shiite sect which exploded into violent confrontation
      UPI  -  378 words
    • Article
      Lock icon Tokyo commodity tax collection reaches new high
      210 3 Reuter JAPAN'S commodity tax collection, a key personal spending indicator, rose 15.2 per cent in fiscal 1979 to a record 1.11 trillion yen. It was up from 965 billion yen a year earlier after good sales of large durable consumer goods such as
      Reuter  -  210 words
    • Article
      Lock icon No big increase in car output Japan assures
      173 3 AFP THE Japanese car industry has no plans to increase greatly its production capacity in the near future, the government said yesterday. Mr Yoshitake Sasaki, Minister of International Trade and Industry, made the statement in answer to a question posed by US
      AFP  -  173 words
    • Article
      Lock icon BEIJING'S OUTPUT RISES 13.6pc IN FIRST-HALF
      261 3 AFP CHINA'S ladastrtal eatpat rauM 241,711 m»H— yui ia the first half «f IM, a 111 per Mat laerease iver the same peried last year. The state statistical bareaa reperted ea Satarday the Mtpet repreeeated SI per eeat st the year's plaa. Of IN
      AFP  -  261 words
    • Article
      Lock icon Thai paper says Arabs aiding Muslim group
      333 3 AFP A BANNED Muslim separatist group, suspected in a wave of guerrilla attacks in Bangkok, has admitted receiving aid from Syria and Libya in its struggle for autonomy, a local newspaper reported yesterday. The English-language Bangkok Post said the Pattani United Liberation Organisation,
      AFP  -  333 words
    • THE REGION IN BRIEF
      • Article
        MPs ASK FOR OIL INQUIRY
        413 3 I]» 5 esrtaet. aa taqilry tart» Perwhich, MPs claim, the g«veraaMat has faded te etartfy daeelfU. Thirty-six MPs tram the Muttm UrtM BfiTnhffit Party (PPP) Mi the Democratic Party «f lelierrt» (PW), have rtgaed a nettea to hKaiS{^SettZ A THAI National Assembly delegation led by
        413 words
    • Article
      Lock icon Laos condemns Thais for closing border
      320 3 Reuter LAOS has condemned Thailand for closing the 1,400-km border between the two countries, the Vietnam News Agency reported yesterday. It said Laotian VicePremier and Foreign Minister Phoune Siprasouth summoned the Thai ambassador in Vientiane to complain that the closure had badly affected normal
      Reuter  -  320 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      46 3 We are pleased to announce the opening of Dean Witter Reynolds (S.E.A.) Pte. Ltd. 4108, 0.C.8.C. Centre Chulia Street, Singapore 0409 Wilfred C.T.Choo Managing Director TELEPHONE: *****4 TELEX: RS ***** (D WRSEA) CABLE ADDRESS: DEANSEA 0 DEAN WITTER REYNOLDS INC. MEMBERS NEW YORK STOCK EXCHANGE INC.
      46 words
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      Page 3 Advertisements Column 2
      292 3 Palace Ware Dragon Bowl Made from porcelain of incomparable clarity and shaped with refined elegance by the potter's hand for the high-born personage of the Imperial line. rii 4 m Patek Philippe, c\(j uisitcl y designed for Emperors and Kings. i inimitable as a rare piece of xtrcelain, an aristocratic
      292 words
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  • RAW MATERIALS
    • Article
      RUBBER
      279 4 RUBBER prices closed generally higher in Singapore yesterday, with July One RSS buyers quoted at 292.50 cents a kilo, up five cents from last Friday's close. Prices gained some 4.50 cents during quiet morning trading on trade, speculative and upcountry buying with lack of sellers also aiding sentiment. The
      279 words
    • Article
      CLOSING PRICES
      40 4 Rubber: July 7 Singapore: July: 292.50 cents (up 5.00 cents) Malaysia: July: 295.50 cents (up 3.50 cents) Tin: M 52,103 (down $46) (equivalent to $34.77 per kilo) (down 76 cents) Official offering: 177 Vi tonnes (down Vi tonne)
      40 words
    • Article
      RAS PRICES
      300 4 R.A.8. prices In cents per kUo yesterday: Noon (per Ulo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 290.50 291.50N Int. 1 R.S.S. July 291 JO 292.50 Int. 1 R.S.S. August 292.50 293.00 Int. 2 R.S.S. 295.00 286.00N UK/Coat 284.00 286.00N Int. 3 R.S.S. 282.00 283.00N UK/Coot 281.00 282.00N
      300 words
    • Article
      SSR and SMR
      99 4 NOON SSR and SMR prieaa ymt arday: EA8 July (Curat Btyan Si 287.00 264.00 Mtk) Ai|ut (Forward Mtk) Bayere Sellers 268.00 270.00N 366.00 267.00N SSR 20 SSR SO (1-ton pallet) (1 too pallet) tUara 286 00N 266.00 N MRRLB Jaiy Aafmat SMR CV SMR L SMR SMR
      99 words
    • Article
      Straits Tin
      94 4 THE STRAITS tia price la Peaaag yesterday weakened Ms 44 plod to $2413> stead $42 betow tee lateraatlaaal Tin Agreement ceittag despite a steadier Leaden closing last week. Dealers said the weakness reflected poorer haylag demaad frem majer Marcos, with meat misers adepttag a eaatteas attttade ahead ef
      94 words
    • Article
      Journal suggests doing without the US for ITA
      237 4 MEMBERS af the lateraatteaal Tin Agreenart (ITA) might well have to eeaaider Mag wltheat the US, the ealy ilaanatlag party la Ike receatly eadei draft pact aegettottoaa far the rixth IT A aa, «the shew mast ge •a" fer the heaeflt af
      237 words
    • Article
      Produce exchange
      171 4 CHINESE Prtiaee Exekuge, hpfm, dMtac prtev per lMkg yesterday: Cnml *11: Bulk fob 139-50 sellers, old drum (In second hand drum) fob $149.50 sellers, new drum fob 1155.50 sellers. Capra: Mixed (loose) SB6 50 buyers. Pepper: Muntok white pepper fob Asta NLW $450.00 sellers, Sarawak white pepper faq
      171 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattsa jam: China Blue Phoenix 20i 2,300; 32b 2,600, 40s 2,845 (per bale of 400 lbs). Pleee (Mis: riiin» Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      PALM OIL
      66 4 THE PALM oil market in Kuala Lumpur ruled slightly higher yesterdday, on some light covering ahead of Pakistan's tender today, dealers said. However, trading was thin with some operators sidelined awaiting yesterday's Chicago opening, they said. Trading was centred on the central region with July unchanged at MsB2>
      66 words
    • Article
      RICE
      327 4 SINGAPORE: Yesterday's closing prices in S$ 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 0.68, B-10 per cent 0.80. THAI BROKEN: A-euper 0.65, Special no stock.
      327 words
    • Article
      LONDON MARKETS
      816 4 CUffiUL: Robusta futures yesterday closed the morning about steady near the session's lows but still with gains from Friday of £14 to £4 a tonne, dealers said. Turnover was lots including two options. September finished the morning around £4 up A £1,482 after trading within a high low
      816 words
    • Article
      Rubber council's grim note to KL government
      671 4 HIGH prices and unquestionably good long-term prospects will, at the most, slow down the tendency to shift from rubber to other more profitable crops. This somewhat grim but not unknown scenario comes literally from the horse's mouth as it was outlined by the
      671 words
    • Article
      Lock icon Cocoa surplus expected
      325 4 AP A LEADING London oocoa broker has estimated that the 1979-80 world cocoa production will show a surplus of 154,000 tonnes. In its May-June cocoa report, brokers Gill and Duflus said this is 12,000 tonnes higher than its estimate made two months ago. In line with this
      AP  -  325 words
  • ASIAN STOCKS
    • Article
      Lock icon Market slumps over the broadest front
      633 4 TOKYO Source: DBS-Daiwa THE DECLINE of Nippon Oil did even given the slightest hint of decelerating. As a result, the market slumped over the broadest front yesterday. The still-not-clear view of who would be the LDB election leader and scant orders from the non-resident
      Source: DBS-Daiwa  -  633 words
    • Article
      Lock icon Hongkong
      342 4 Source: ALTHOUGH there was no announcement concerning Jardine, the market yesterday was Jolted by the aggrearive movement in London on Friday night The speculative spotlight now appears to have swung from the property sector to the hongs as Hutchison shot up HKSI to HKHO.7O, Wheelock Harden 25 cents to
      Source:  -  342 words
    • Article
      Sydney
      345 4 STOCK prices closed firmer on overseas buying yesterday, dealers said. Shale oil stocks continued to attract most overseas demand, with Esperance firming 70 cents to AJ6.00. There were buyers also for gas issues and some stocks thought likely to benefit from the US copper strike. Magellan led oil gains
      345 words
    • Article
      Bangkok
      255 4 STOCK prices closed generally higher in quiet trading yesterday, dealers said. Bangkok Bank rose two baht to 296, Capital Trust 1.75 to 36.75, Jalaprathan Cement one to 116 and United Flour Mill closed unchanged at 190 baht. JULY 07 BahLs A.nu I'rrdll 140 2 Asia Fibre 135 -I Ayuthaya
      255 words
    • Article
      Manila
      149 4 STOCKS closed generally mixed yesterday, with turnover rising to 3.4 milllion peso against last Thursday's 2.3 million, dealers said. Benguet Con B, Marinduque B, Philex B, Phil Overseas, Pogei, CDCP and PLDT rose, while Seafront, Ist Phil Hldgs and San Miguel B fell. The rest were unchanged. JULY 07
      149 words
    • Article
      Selected indices
      29 4 H-K.HANO SENG Monday —1085.75 Frtctajr 1067.1» Week Ago IOWjM SYDNEY INDUSTRIALS Monday nn.. Friday n u WeekA«o «144 ALL OKDINAKUS Monday anav rrtday 914.06 WmI Ago.. 808.07
      29 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      189 4 Payrolls can be v,l*r lem x -\v \r v f V 'VX S o-i> ■P>* c,V* vj^ 7^ y .v\C fc r i The UNIPAY system is simple and easy touteand changes to ,> payrol processing can be simply introduced. The benefltspf using UNIPAY on the CPS Bureau are: A
      189 words
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  • OVERSEAS
    • Article
      Lock icon Israel and Egypt reject American proposal
      465 5 AP, NYT ISRAEL radio has reported that President Carter had Wggested during last week's autonomy talks that Israel, Bfirpt and the United States Afn an agreement setting fcp a Palestinian autonomous region first before lolving remaining problems. The report said both Israel and Egypt
      AP,; NYT  -  465 words
    • Article
      Lock icon Hua and Carter to review scope for improving ties
      283 5 Reuter PRESIDENT Carter will meet Chinese Prime Minister Hua Guofeng in Tokyo on Thursday to review prospects for strengthening the growing friendship between China and the United States, White House officials said. Mr Carter and Mr Hua will be in Tokyo
      Reuter  -  283 words
    • Article
      Lock icon King Hussein hits out at peace talks
      353 5 AP KING Hussein of Jordan has denounced the Camp David pace negotiations as an affront to the Arab cause. The Jordanian monarch, •pening the Arab foreign and economic ministers conference in Amman, Jordan •n Sunday, reiterated his «ejection of the talks betw*n Egypt
      AP  -  353 words
    • Article
      Lock icon US corporate profits ahead of forecasts
      668 5 NYT AS THE first corporate reports for the second quarter begin to trickle in, it appears that the forecasts of sharply depressed earnings of American companies may have been overstated. Although American car makers expect to report quarterly losses, many other key industries performed
      NYT  -  668 words
    • Article
      Lock icon US imports less oil
      311 5 NYT Reuter AMERICAN imports of crude oil dropped 25 per cent during the four weeks ended June 30, pointing to "substantial progress" in conserving fuel, Energy Secretary Charles Duncan said over the weekend. This and other indicators of reduced demand give him hope that oil imports
      NYT; Reuter  -  311 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      635 5 ARRIVALS 8enriec Local Operator Nsaber Time From MAS MH601 0700 KUL FT 171 0710 JFK/ORD/TPE SIA RA SQ/BA17 0715 SQ101 08Q LHR/BAH KUL MAS MH621 0835 PEN RBA BI427 0930 BWN MAS MH671 0830 PEN/KUL su SQ2U 1000 HLP CAL CH14 1000 HLP MAS MH605 1000 KUL
      635 words
    • Article
      Lock icon Setback for peace mission
      130 5 AFP THE Anglo-French peace mission in the New Hebrides suffered a serious setback yesterday when the secessionist rebels led by Jimmy Stevns refused to allow its members to land on Espiritu Santo. The northern New Hebridean island has been in a state of revolt against the
      AFP  -  130 words
    • WORLD IN BRIEF
      • Article
        Lock icon EGYPTIAN EXERCISE
        479 5 Agencies EGYPT'S Third Army conducted exercises in the strategic Mitla Pass on the Sinai Peninsula for the first time since the 1967 Middle East War. Tanks, artillery and about 1,500 troops on Sunday took part in the six-hour exercise which Egyptian commanders said was designed to test defences
        Agencies  -  479 words
    • Article
      Lock icon Friedman against Thatcher's economic policy
      378 5 AFP, Reuter AMERICAN economist Milton Friedman, champion of so-called monetarist policies, does not approve of the economic policy introduced by British Conservative Prime Minister Margaret Thatcher who is committed to monetarism. Mr Friedman was quoted by The Observer on Sunday as saying: "The key role
      AFP,; Reuter  -  378 words
    • Article
      Lock icon Iran reorganises its petroleum industry
      249 5 Reuter IRAN is reorganising its oil industry, which could mean the dissolution of the state companies which currently run it. Oil Minister Ali Akbar Moinfar said the Oil Ministry itself will be reorganised and reduced in size so as to function as a headquarters and
      Reuter  -  249 words
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  • Article
    Social aspects need attention
    444 6 SINGAPORE'S public housing programme deserves every accolade it has won over the years from admirers both local and international. In 1960, a mere 9 per cent of the population lived in Housing and Development Board flats. Urban slums and suburban squatter colonies in all their squalor
    444 words
  • Article
    The Promet way to success
    274 6 THE SHIPBUILDING and related industries seem to have pulled themselves out of the doldrums. They are now ready to shift into higher gear which would place them back on the path of recovery and profitability. And Singapore is now recognised as a major ship repair
    274 words
  • Article
    Lock icon New name on the Siemens card
    1942 6  -  JOHN TAGLIABUE takes an intriguing look at the goals and management circuitry of the German electrical giant a family affair where for the first time in 133 years, the man at the top bears a different surname. JOHN TAGLIABUE NYT WHEN an executive takes
    NYT  -  1,942 words
  • Article
    STRAWS IN THE WIND
    304 6 VISITORS to Moscow are constantly surprised by the kind of questions they are asked. For example, a visitor at a hotel kiosk sporting an unprecedented array of Western papers imported for foreigners at the Olympic Games, asked for a copy from the vendor. Back came the
    304 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      140 6 there's onlyp one lock L for doors... J When you go to sleep or leave your home— set your mind at ease knowing that your home is secured with one of the finest locking systems. ABLOY high security lock is the world's most foolproof locking device to date ABLOY has
      140 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1477 6 A lesson for Jean JEAN BBOME met tail* (te e«Ur TutaMin- SlßdMlLedJjfJwJ aay abject wttfc her eta. OeTtno Italy kecMK sf LmA wheTl «rely topn In tsafarht's tpi«iit. taw- Us tacrmMt with M«- the Mystery. The iiiM MflriTpfefaT htoMleytawSta eat «f her admiration tar Wkei Glilla retires treeaes htaaetf te
      1,477 words
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  • Article
    Lock icon No reason to abandon arms control
    814 7  -  FORUM i With FLORA LEWIS NYT WEST Germany's Helmut Schmidt found the Soviet leaders startled when he explained why President Carter withdrew the Salt n treaty from the Senate this spring. Moscow took it as US bad faith in signing the treaty, leaving aside
    NYT  -  814 words
  • Article
    Lock icon The silent summit
    567 7  -  ON TWO FRONTS, SOLIDARITY IS THE MESSAGE BEING TRANSMITTED TO THE RUSSIANS.» By TERRY ANDERSON AP UJS. PRESIDENT Jimmy Carter's sarprtoe IhMm to attend —jj eeMluas I—raw tor the lato Prime Mlalster Maeayeshi Ofcjra, will seare at least twe symbeUe bat majer peiato tor the Uattei Stake
    AP  -  567 words
  • Article, Illustration
    Lock icon The Soviet Union bungles on the economic front
    731 7  -  By KANDRE BIRUKOFF AFP SIX MONTHS from now, Soviet economic leaders will be ?y«pwring the results of the Soviet Union's 10th five-year plan and the country will turn out to have fallen short of achieving its goals. Informed sources here say that
    AFP  -  731 words
  • Article
    Lock icon Decline in interest rates to continue
    1136 7 According to a worldwide survey of major financial centres by Reuters, the decline in lending rates in the Western world is likely to continue, but it will be a slow and cautious process. Reuter INTEREST rates across the Western world are now on a
    Reuter  -  1,136 words
  • Page 7 Advertisements
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon INSTITUTIONAL CLUES
      840 8 NYT INSTITUTIONAL investors watch the actions of the small investor as a contrary indicator, buying when the little guy is selling and vice versa. But can it be that the institution* themselves are better contrary tadfeators? Although the institutions watch for rises in individuals' short selling as an
      NYT  -  840 words
    • Article
      Lock icon Bid terms for Hays Wharf
      155 8 Reuter THE PROPRIETORS of Hays Wharf Ltd said the terms of the offer to be made for its shares by a new company to be formed and owned by Kuwait Investment Office are 240 pence cash for each Wharf ordinary share and 75 pence cash
      Reuter  -  155 words
    • Article
      Lock icon Suspension sought for three AAC units
      408 8 Reuter THE ANGLO-American Corporation (AAC) has requested the London, Salisbury and Johannesburg stock exchanges to suspend dealings in the shares of three of its subsidiaries while it holds talks with a subsidiary of Lonrho Ltd on the mining of a new lode of uranium
      Reuter  -  408 words
    • Article
      Lock icon BP makes agreed bid for Seltrust
      434 8 Reuter BRITISH Petroleum has announced that it will offer 18 new BP ordinary shares for every five Selection Trust (Seltrust) ordinary in an agreed bid valuing Seltrust at £13.46 a share or £427.7 million. Alternatively, it will otter £12.75 cash for each Seltrust worth
      Reuter  -  434 words
    • Article
      Lock icon RUNDLE OIL SHALE PACT
      460 8 Reuter THE HEADS of agreement covering development of jbdl Rundle oil shale deposits has been signed by the Rttmm companies and Exxon Corporation, Unit Esso ExploratMl and Production Australia Inc, the companies' chairman Itt Mac Far lane said. The agreement commits Esso Australia to an initial
      Reuter  -  460 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      233 8 Where to wine, dine and entertain *n SB9 rm t doubte occupancy 129 neit additional parson $0 par cnitd under 12 taccompamed 0> parent*) Accommodation m crtaiets imaiimum 3 persons per chalet) American breakfast »50% rebate on green tees at Sentosa Gotf Club Free use of swimming pool sauna stream
      233 words
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      Page 8 Advertisements Column 2
      150 8 mbertug tSrill For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday $18 10% service charge 3% cess Javanese Rijstafel Saturday Sunday $16 10% service charge 3% cess For reservations call *****77 JiJB nilnn I ')il'k Slm-i'iil*mi SHERATQN HQTEIS AND NNSWOWLD/v T't tsH3 wm %m m
      150 words
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      Page 8 Advertisements Column 3
      141 8 Everything's here at the Mirabelle V r* <&! •)> 4 bW All the ingredients for an enchanted evening are here Superb Continental cuisine and choicest vintage wines In an elegant and romantic atmosphere complete with candlelight and strolling minstrels And service that is impeccable and unobtrusive Come, spend an enchanted
      141 words
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      Page 8 Advertisements Column 4
      126 8 Heard of Steamed Pomfret Roll? And that s only one of the typically Cantonese favourites up at Hin's. There are more Including a wide selection of our very own Flavours of Singapore Rediscover your taste buds With great taste sensations. If you've been around, there's only one place left to
      126 words
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  • BANKING AND FINANCE
    • Article, Illustration
      Tiniest gold bars in the world go on sale here
      287 9  -  By RUTH CHENG GOLD bars of one gram and 2.5 grams, the tiniest in the world, are being put on sale in Singapore for the first time through Credit Suisse. The one-gram bar will be priced at Ss6o the 2.5
      287 words
    • Article
      On-line experiment for insurance fails
      215 9 CONVERSIONS to computerised on-line operations have been a huge success in the worldwide banking area. In insurance, however, the US experiment in computerised, on-line reinsurance placement has been suspended due to lack of support. According to the World Insurance Report, the Risk Exchange Inc (REX),
      215 words
    • Article
      Lock icon Very good reponse for Thai financing
      132 9 Reuter A RECENTLY approved US$3lO million, eight-year syndicated loan for Thailand has been fully subscribed. Kraisri Chatikavanij, director-general of the Thai Finance Ministry Fiscal Policy Office, said the loan, which carries interest at 0.75 per cent over London interbank offered rates (Libor), with a
      Reuter  -  132 words
    • Article
      PAL's loan of US$17m
      71 9 THE PHILIPPINE Airlines is borrowing US$l7 million from the Singapore branch of the Bank of Montreal for financing the Phase Two construction of the airline's technical maintenance centre. The loan, which will be signed in Singapore today, carries an interest rate of per cent over the
      71 words
    • Article
      Lock icon Local bank offers to lead-manage Manila borrowing
      200 9 Reuter THE ASIA Pacific Capital Corporation (APCC), a Singapore-based merchant bank, has offered to organise a banking syndicate which would cover the second foreign borrowing of US$lOO million by the Philippine Cental Bank this year. Reports said APCC offered to act as the
      Reuter  -  200 words
    • Article
      Lock icon Drop in HK bank lending growth
      226 9 Reuter BANK loans and advances in Hongkong rose 33.1 per cent in May compared with a year earlier to HKJ69.91 billion against a 38.8 per cent rise in April. Hongkong Banking Commission figures show that the May level was 2.9 per cent down from
      Reuter  -  226 words
    • Article
      Lock icon Share of loans to Asian countries
      254 9 Reuter COMMERCIAL banks' share of loans to Asian countries will not decrease, but will not neccesarily increase in the short to medium term. Making this point in Hongkong recently, Bank of America senior vice president Heinz Wascheck said that while Asian loan demand will
      Reuter  -  254 words
    • Article
      Lock icon CALL FOR CHANGE OF IMF
      85 9 Reuter DELEGATES from 24 mainly Third World countries have called for the replacement of the IMF by a new world fiscal body more attuned to their problems. A four-day non-govern-mental conference in the north Tanzanian town of Arusha ended last week with the conclusion that
      Reuter  -  85 words
    • Article
      Singapore market
      427 9 THE US dollar traded sluggishly on the foreign exchange market yesterday. It unit slipped slightly against the yen and the deutso he mark Against the yen, it opened at 219.70/75, before slipping to 218.30/45 in the late afternoon. It opened at 1.7510/20 against the deutschemark and closed at
      427 words
    • Article
      PLR
      22 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
    • Article
      Asian $ rates
      177 9 Asian rates ASIAN currency deposit Interbank rates as at close on July 7: 7 days 1 month 2 months 3 months 6 months months 12 months US DolUn(Spot) Offer Bid 9 93/16 91/16 9V. 9't 9H 9'/. 9'j 9H 9H 9'. 9 1 9H 1 month 3 months 0 months
      177 words
    • Article
      Discount
      49 9 RANGE of prices offered by discount houses on July 4: Overnight 6 7 to 615/19% Call deposits: to CMi( Buyiaf Selling 3-month Treasury bills 6 1 6 3 3 month Bank bills 09/16 07/16 3 months CD l'i 8*4 6 months CD 813/16 811/16 Source: National Discount Co.
      49 words
    • Article
      GOLD
      340 9 SINGAPORE gold futures yesterday continued to ease in late afternoon trading on some selling to close with on-balance losses of between US$4.OO and $9.00 a troy ounce, dealers said. 0 Trading remained quiet throughout and sales totalled 77 lots with August and October the active contract months. August closed
      340 words
    • Article
      London
      172 9 THE DOLLAR yesterday drifted lower through the morning, with trading conditions dull ahead of the reopening of US markets later in the day after Friday's Independence Day holiday. At noon, the dollar was quoted just off its lows at 1.7448/58 marks and 1.6000/ 10 Swiss francs after falling to
      172 words
    • Article
      Tokyo
      150 9 THE US dollar for over»** K\ delivery yesterday closed slightly weaker at yen, compared with «W both at the opening '*ad Friday's close. fl Trading was moderate tui with volume US$B39 ji The dollar edged down to slow late trading on stffth# by foreign banks and "Van buying by
      150 words
    • Article
      Hongkong
      151 9 THE US dollar weafiSM slightly against the yc»-jpX quiet, featureless trailing* yesterday. J It eased to a late yen from an early 219-9*104 after closing at 219.00/* stag London last Friday. M The US currency more stable against othePjS currencies, although dealers 9 still noted a bearish under- 4|
      151 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      167 9 these names are totally different but they have one thing in common... they chose The MITSUBISHI family of forklifts. Designed to move goods to where you want them. Very mobile. Very versatile. Powerful, rugged machines that obey your every command—to handle everything from pouring liquids to lifting containers and other
      167 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1409 10 BID and offer prices officially lifted and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acaa (3.188 3.206)
    1,409 words
  • Article
    Unit trusts
    138 10 MNGAPOBB urarntoR prtaa IvMI) The Commcra LM IB TV Savings Fund LM IJO S'pore Prof road LM LM S" pore Sec. Fund 119 L2L S'pore Invest fund LM Llted S'pore Equity Fund LM IM ODMOKTMC (Mlmill' prtMa hrMI) Union Spore Fund LM LM INCSMK BOND UNR CCMrcMprtaa) Income
    138 words
  • Article
    SHARE INFORMATION SERVICE
    2741 10 I960 High Low Company Laat Sale +orCr'» Div Div Cvr Gr"» Net YTd P/E Vol Day COO0) Hick Low SECTION ONE INDUSTRIAL ft COMMERCIAL 330 223 149 1(3 324 80 318 480* 300 310 245 220 116 140 270 80 275 246* 187 285 Acma Alcom Allied
    2,741 words
  • Article
    In Kuala Lumpur
    1578 10 !f BID and offer prices officially listed and business in and reported to the Kuala Lumpur "I Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. OKDUmtULS ASmmM (IMB IMS) AMa (IMB 121S) (3) 120 (1)
    1,578 words
  • LATEST RESULTS
    • Article
      GULA Perak
      35 10 has reported a loss of M 5777,122 for the six months ended Jun 30, 1979 compared with a loss of $1.00 million in the previous period on turnover of $3.94 million ($4.31 million).
      35 words
    • Article
      SENTOSA Plywood
      96 10 has re- ported pre-tax profit of M 5780,409 for the year ended Dec 31, 1979 compared with 1485,027 in the previous year, on turnover of $11.57 million (|&4B million). The company attributes the good results to the buoyant plywood prices in the United Kingdom, West Asia and the
      96 words
  • Article
    COMPANY BRIEFS
    40 10 INDUSTRIAL Beetaeales aai ffajlainrti hat appointed Mum Low Ee Chin and James H Hunt as company directors. PAPER PreieeH (M) said that Mr Chang Ming Thien aad Miss Chang Lee Sian have resigned as directors of the company-
    40 words
  • Article, Illustration
    Absence of support
    492 10 ad haylag mppert/'ifeare Wl*99|l jsalwlay. Deapto the Bnm rally Ib fc9|>99» ***** mrfHW faOlmmJm! mbmS*!! trial Ma, oßßOfßßrtlj, SBIBBi muglmMj to *****, ap IM petto at the cad ef the day's tradhog. ■arkei by oaettoa asd ueertataty M Velanes were relatively Hgkt «a noset eeaators tat Urn
    492 words
  • Article
    KLSE quiet and hesitant
    597 10 THE Kuala Lumpur stock market succumbed to light but persistent selling to close on a slightly easier note yesterday. Trading was generally quiet and hesitant, reflecting investor uncertainty in the market. An attempt at rallying prices was discerned in the early session but this failed due
    597 words
  • Article
    COMPANY MEETINGS
    51 10 Metal Bn thppilii AGM to be held at Shangri-La Hotel, Orchid Room, Mezza nine Floor, 22, Orange Grove Road, Singapore at 12 noon aa Jul 21. laaia liapn m PM*: AGM to be held at Wisma ftmga Ray*, 152, Jalaa AmBng, Kuala Lumpur at M) a.m. on Jul
    51 words
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  • COMPANY NEWS
    • Article
      A new sense of commitment
      931 11 THERE is a new sense of commitment along the corridors of Champion Orchard Motors foltowing a change in senior management which may turn out to be a decisive factor in the company's performance in the years ahead. Inchcape Berhad, Champion Orchard's parent company, made only
      931 words
    • Article
      Harimau profit cut by Wilkie
      564 11 REDUCED contribution from wholly-owned subsidiary, Wilkie Securities, pulled down group earnings of Harimau Investments by 18 per cent last year. For the 12-month period to Dec 31, 1979, group pretax profits of the closed-end investment trust amounted to $2.02 million against $2.48 million the previous
      564 words
    • Article
      Interim profit higher at Wilkinson
      126 11 HIGHER sales combined with Improved margins lifted taterim earnings at WUklnson Preoess Robber Company much higher. L'aaadlted grasp pre-tax prafit fer the first half-year eaded March 31, ISM, rase by 43 per eeat te $2.13 mllUea while sales Improved t$ per cent ts $1.52 milllsa.
      126 words
    • Article
      Perak's acquisition
      283 11 PERAK Carbide Corporation Bhd has replied to the Kuala Lumpur Stock Exchange's queries on its proposed acquisition of the total issued and paid-up capital of Seri Teratai Properties Sdn Bhd and Jareen Sdn Bhd of 1.5 million and 1.35 million shares respectively. It said the number of shares
      283 words
    • Article
      Malayan Credit replies
      189 11 MALAYAN Credit's reply to the Stock Exchange of Singapore's queries on its Marina House purchase has not shed any light on the placees of the new shares to be issued. Malayan Credit said it has yet to reach any agreement on the placement of the new shares.
      189 words
    • Article
      DIVIDENDS ANNOUNCED
      442 11 Current Ex Books Date Total for Total for j Payment Date Cloae Payable the year Previous year K T Pau 28* Jun 18 Jun 28 Jul 8 30* 32% CCM 20% 1 Jun 5 Jun 17 JulU 20* 55% B Kawan SHI Jun 10 Jun 20 Jul 11
      442 words
    • Article
      SCRIP ISSUE
      138 11 Company Particular* Es Date Books Close Si Trading Bonus Issue of 1 (or 1 Jul 2 Jul 12 Bolton Bonus Issue of 1 for 2 Jul 14 Jul 24 Grand Central Bonus Issue of I for SP Textile 10 Jul 17 Jul 24 Bonus Issue of 1 for
      138 words
    • Article
      Legal action against United Engineers on Northam Court
      427 11 PACIFIC Development Credit has begun court action against United Engineers (Malaysia) Bhd over the tilting of the 16-storey partially completed luxury apartment block in Penang known as Northam Court. The company disclosed yesterday that its subsidiary Pacific Centre Sdn Bhd, the developer
      427 words
    • Article, Illustration
      Lock icon Plans for Pegi
      527 11 mm® WML** by HOCK LOCK SIEW PEGI Malaysia's decision to increase its authorised capital five-fold to $100 million at an annual general meeting last week certainly raises more curiosity about the company's plans for the future. While the general market talk is that Pegi will eventually bring
      by HOCK LOCK SIEW  -  527 words
    • Article
      RESULTS DUE
      194 11 Date La *t Pall Ye %r Ctmpuy Ported AiMueed Net EPS Gross Pre-tax last year Dtv. <%) Pratt <n»> Kulim ■I 6/7 12.1 24 16,993 Sg Besi F 6/7 317.6 520 23,536 UtdMal F 30/6 24.7 24.0 5,492 Alex Hldgs F 7/7 5.6 6.0 882 B Kawat F
      194 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      72 11 BUSINESS TIMES GIVES YOU THE EDGE Every single business day, Business Times keeps you informed of essential financial, commercial and industrial news. Economic Trends. The Money Market. Price Indices. Company News, Reports. Opinions and predictions. Can you really afford to miss Cut Mt and put today To: Times Publishing Berhad
      72 words
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      Page 11 Advertisements Column 2
      85 11 All these bonds having been sold, this announcement appears as a matter of record only. CO •f-cr Srj^' Arab Malaysian Finance Berhad M 520,000,000 SVi Per Cent. Guaranteed Bonds 1987 Issue Price: 100 Per Cent Unconditionally and irrevocably guaranteed as to payment of principal, premium, if any, and interest by
      85 words
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  • Article
    Lock icon Bankers to form Asean finance body
    494 12 Reuter, UPI STATE and private bankers of Asean have agreed to set up an Asean Finance Corporation (AFC) with its headquarters in Singapore. The bankers also agreed on the concept of an Asean bankers acceptance scheme, which would be denominated initially in US dollars.
    Reuter,; UPI  -  494 words
  • Article
    Lock icon Jardines soars on HK exchange
    242 12 AFP SPECULATIONS that Jardine, Matheson and Hong Kong Land are forming a defensive merger against a Chinese takeover sent Jardines' shares soaring to HKJ2I.OO at the opening of the Hongkong stock exchange yesterday. This is a rise of $2.70 over the Friday Jardines closing price
    AFP  -  242 words
  • Article
    Vietnam bound Thai rice auctioned
    149 12 THE THAI Commerce Ministry is to auction 13,000 tons or 130,000 bags (100 kgs a bag) of A-l super grade broken rice originally sold to Vietnam on a government- to-gov-erament basis. The Thai government had called for a complete halt to the sale of Thai
    149 words
  • Article
    Lock icon Sugar exports to resume
    80 12 Reuter THAILAND'S sugar export trade, suspended about fwo months ago because of a domestic shortage, is expected to resume by the middle of this month. An official of Thai Sugar Trading, which is one of Thailand's two sugar exporting companies, said an application for the export
    Reuter  -  80 words
  • Article
    Lock icon Last load of arms arriving in Thailand
    134 12 UPI A GIANT American air force cargo plane began the final phase of an American emergency arms airlift to Thailand yesterday, bringing six heavy guns and U tonnes of ammunition. Hie flight into Bangkok's Don Muang airport was the fourth of a series
    UPI  -  134 words
  • Article
    Lock icon Saudi Arabia to maintain oil output
    290 12 Reuter SAUDI Arabia, the world's largest oil exporter, will maintain its current 9.5 million barrels a day crude oil output for the third quarter this year, the authoritative Middle East Economic Survey (Mees) said. Quoting sources, the Nicosia-based publication yesterday said Saudi Arabia would
    Reuter  -  290 words
  • Article
    LONDON STOCKS
    779 12 LONDON. Man. The market was higher with' the agreed bid by BP (or Selection Tract featuring, dealers said. At 3pm, the FT index was up 8.9 points at «2.7. BP returned (ram suspension at 3SOp, down lip, while Selection Trust gained 37p to £12.37. Industrial leaders were marked
    779 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      176 12 Industrialist Announces Breakdown Reporters covering the story were surprised when they arrived at the press conference to be met by the visiting American company president, drink in hand and bellowing "Yam Seng". The industrialist who obviously had been celebrating all morning with his Singaporean partners, was asked the reason for
      176 words
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      Page 12 Advertisements Column 2
      117 12 Mighty medium. v s-q •>*-;«& k >4 There isn't a medium-sized copier in the world that fulfills your needs as completely as the Xerox 3450. Copies faster at 30 per minute. Perfectly. Reduces originals down to sizes that suit you better. Makes large document handling easy with the automatic document
      117 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      59 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Mainly fair. Report for 24 hoars prior to 7Jt p.m. on July 7 at the airport. Maximum temperature 33.0 Associated humidity 50 Minimum temperature 25.9 Associated humidity 94 Hours of sunshine 10.95 Rainfall in millimetres Nil Total rainfall for the
      59 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Cochin improves facilities
        63 13 Reuter THE Indian Government has approved spending 311.6 million rupees, to develop facilities at Cochin port for handling oil and fertilisers. The project, expected to be completed in three years, includes construction of new oil and fertiliser berths. The proposed oil berth in the Ernakulam Channel will
        Reuter  -  63 words
      • Article
        Lock icon Freight revenue rises
        68 13 Reuter SOUTH Korea's international shipping freight revenue totalled $709.7 million in the first five months this year. This represents an increase of 66 per cent increase from $426.7 million in the same period last year, the Korean Shipowners Association said. Korean ships carried 28.6 million tonnes during
        Reuter  -  68 words
      • Article
        Lock icon Ocean Espoir grounded
        49 13 AP A LIBERIAN ship Ocean Espoir bound for Kuwait ran aground shortly after it left Karachi harbour about two miles at sea. The ship had arrived in Karachi on July 1 from Bombay and left Karachi harbour last Friday after loading 1,576 tons of cargo. AP
        AP  -  49 words
      • Article
        Lock icon Taiwan lifts ban
        65 13 Reuter TAIWAN'S Ministry of Communications has lifted a ban on outward ships sailing to nine countries. The countries are Algeria, Zaire, Equatorial Guinea, Guinea, Angola, Poland, Tanzania, Yugoslavia, and East Germany. Thirteen countries still remain under the ban. They are China, the Soviet Union, Albania, Rumania, Cuba,
        Reuter  -  65 words
    • Article
      Pasir Gudang to show sizeable operating surplus
      649 13  -  By G DURAIRAJ The PASLR Gudang in Johore is likely to register a steep increase in throughput and show a sizeable operating surplus this year. This was forecast by the port's general manager Encik Yahaya bin Haji Abdul Ghani in a recent interview
      649 words
    • Article
      Lock icon Six collisions off Japan over the weekend
      267 13 Agencies A FREIGHTER sank and two seamen were missing in one of six collisions which took place in bad weather around Japan over the weekend. The Japanese Maritime Safety Agency said the 497ton Nikko Mdru with a crew of five sank after colliding
      Agencies  -  267 words
    • Article
      INDEX TO ADVERTISERS
      545 13 Shipping Uae P»«e (M Adriatic IV 5 Afea VI 3 Afro-Eurasia vn 2 All trans VI 5 Alpac VI 5 Angkutan VI 4 Angonave VI 2 ANL i 1 APL m 4/5 Argentine IV 4 ASCL m 1 Asia Merchant IV 5 Bank Line V 5 BBS
      545 words
    • Article, Illustration
      Promet buys $8m platform crane
      244 14 A SINGAPORE shipyard, Promet, has ordered an $8 million platform-ringer crane with a 600-ton lifting capacity. It will be the largest in the yard's range and probably the largest in Singapore shipyards. Besides big land construction projects, the crane will be able to handle large
      244 words
    • Article
      Jeddah to build major livestock terminal
      232 14 A MAJOR livestock terminal that will include separate berths, yards and special facilities for unloading will be built at the Saudi Arabian port of Jeddah. Jeddah port, the world's largest importer of livestock, last year handled nearly 2.5 million head of sheep, cattle, goats,
      232 words
    • Article
      Container Schedules
      913 14 IMPORT PCL CONTAINERS EX CONTAINER VESSELS AT CONTAINER TERMINAL Date. 7.7.80 Vessel's Voy Discharge Store Rent Mode Of Name No. Due Operations P. Adams 50E 27.80 1605 5.7.80 2300 TT Bunga Dahlia 38B 4.7.80 @0150 7.7.80 0700 TT Jade Bounty 28S/29N 4.7.80 to 1030 7.7.80 @1500 TT City
      913 words
    • Article
      LONDON FREIGHTS
      1213 14 NORTH American grain business was livelier last Friday, ahead of the Independance Day holiday in the US although rates continued to ease, brokers said. A 51,000 tonner from the US Northern Range to Japan obtained only $14.75 against a recent $15.50. In chemical business the Indian government continued
      1,213 words
    • Article, Illustration
      Flying Wilma fails in bid for record by 16 hours
      1391 15 AFTER 12,000 miles and 64 days of ocean racing, the Nedlloyd Spice Race winner, Flying Wilms, failed by 16 hours to beat the record of the fastest of all the tea clippers between the Sunda Straits off Java and the
      1,391 words
    • Article, Illustration
      SHIPS IN PORT
      506 15 EXPECTED• ARRIVALS TODAY KEPPEL WHARVES Allied Enterprise (2100 after Kaiyun) 6/7 Amstelstroom (after Entre Rios D) 1/2 Bunga Melor (after On Ping Head West for UTM/ L) 33/34 Balantang (0530 after Cherry Bagus hauls) 30 Cherry Laju (0530 hauls 6m East) 27/28 Cherry Bagus (hauls 6m East
      506 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3105 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      3,105 words
    • Article
      Hope to bridge US-European rifts dimmer
      426 20 "HOPES for a reconciliation between European shipping and the US over its antitrust legislation seem dimmer than ever a year after fines of US$l4.5 million were imposed on conference 'leaders for violations of the regulations. Although US as well as European shipping lines and
      426 words
    • Article
      Lock icon Flames reach fuel tanks of Leonardo Da Vinci
      333 20 UPI FLAMES raging for four days aboard the former trans-Atlantic liner Leonardo Da Vinci apparently reached the fuel tanks on Sunday but a port official said no explosion was lyThousands of tourists and other curious onlookers watching from the shore saw the
      UPI  -  333 words
    • Article
      WHO ACTS FOR WHOM...
      1525 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A B Adriatic Coatelner Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)'Euro-Asia Une (PK/PN). Alfred C. Ttepfer Sea Consortium (S)/Marintex Enterprise (PK). Alpac Intrasea (S)/Yeo Shpg and
      1,525 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      279 13 PIL GROUP REGULAR CONTAINER FEEDER SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. See Page )h lARDIM AN I AH Orient Overseas Co*dai*tesi Line S 1 MSI mm 7T 11/7 26/7 3/8 0. COMMNXX 24 E I 11/8 KOREAN IfAOEJt
      279 words
    • Advertisement
      Page 13 Advertisements Column 2
      208 13 sai SEALORI) UJ ANTAH H a. UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES GRAND NAVIGATOR V.S AL WATTY AH V.7 GRAM) NAVIGATOR V.7 Mina Qaboos (26/7), Dubai (28/7) Dammam (30/7), Kuwait (1/8), Abu Dhabi (3/8). Bahrain (5/8) Doha (7/8) Dubai (8/8), Dammam (10/8), Kuwait (12/8). Abu
      208 words
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      Page 13 Advertisements Column 3
      13 13 [KMiaa I CONTAINER Schedules LONDON Freights SHIPS In Port SHIPPING List REGIONAL Weather
      13 words
    • Advertisement
      Page 13 Advertisements Column 4
      557 13 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. MAERSK LINE EXPORT TO U S. PACIFIC, GULF, ATLANTIC, EAST CANADA AND ASIAN PORTS 11/8 18/8 25/1 1/9 8/9 15/9 22/9 14/8 21/8 28/8 4/9 11/9 18/9 25/9 IMPORT HiKiMNiA .voiw i>bMiNti .wtons as> I fi!<-
      557 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      487 14 LEO SHIPPING PERNAS-MISC PTE LTD. SHIPPING AGENCIES SDN BHD SINGAPORE PORT KELANG PENANG W(H(Gi HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALA YSIAN NTERNA TtONAL SHPPUG CORPORA WON BERHAD Container Senrice Feeder *P Kelang Vessel B. DAMJA SaM It DELFT hi B PCNAGA 12/7 NHOH 1! To Europe S
      487 words
    • Advertisement
      Page 14 Advertisements Column 2
      208 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA n faN Ml ntac *CM M In* CM rwi n Vat MM St MM Hon IMa mi SaM SaM 26/8 1/9 4/9 5/9 7/9 9/9 U/9 12/9 20/9 23/9 27/9 •9/7 9-11/7 17-11/7 17/1 22/8 2«/« 25/8
      208 words
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  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      749 15 STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Overseas M I Containers Limited Weekly service to/from UK/Europe CONTAMRSHP SERVICE TO UK/CONTICIT: Containership Services To/From Banffcok Spat Pld«| i Bay 11M •y 12 M Express IIM Bay 1)M r 27 M m 1 Am *»m Hwfkmf Eiprats J Am
      749 words
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      Page 15 Advertisements Column 2
      427 15 I E Franco Belgian Services iF.r F.ast Frc: ch Service with 23< 'i;ian jhar KitSttrn /.trr.O X C.M.C.R. '.1./ii'i' ""ii=: v.T FAR FAST FRENCH SERVICF Lompjq" M 4* 1/ps mi contmosiv soma from mwterranear S'pore P HeUnj B'looi M settles Genoa Trieste Barcelona Ma'snltes Genoa Tnesle Sxwapcxe UJ* 13 Mr
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      561 16 u Hapag-Uoyd TO NMIH EUKCTt Cardfcanßa, largsßa, Breaea Eipress jMM by TO MEDfTEMJUEA I S pore PK 15/7 I l«/ 7 19/7 TO USA/CMWM Pen Bilbao Genoa H'burg Bremen Rdam Antwerp 7. #/l 22/1 14/1 17/1 l«/«. 21/1 lt/» 21/1 19/* 17/1 Beaaeen 21/f 30/6 1/7 FROM MEDOOWANEA (CARGO TO
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      Page 16 Advertisements Column 2
      623 16 IjINE SHIPPING KOREA CORPH P. Ketone POMNG STORE ALTAJR 153W 17/20 Uy 21-24 My 25/29 July FtOM BUSAN BANGKOK ALTAR 154E 17/20 July 21/24 July 25/29 July TO BUSAN VE6A 151* 10/14 Aug 15-18 Aug 19/23 Aug FROM BUSAN BANGKOK VEGA 152E 10/14 Auf 15-18 Aug 19/23 Auf TO BUSAN
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      Page 16 Advertisements Column 3
      525 16 EVERGREEN LINE FAR EAST EUROPE EXPRESS Fill I CONTAINER SERVICE ACCEPTTNG CARGO FOR: HAMBURG. FELIXSTOWE ROTTERDAM, ANTWERP, IE HAVRE ALSO ACCEPTING CARGO FOR UNTEO KMGDOM SOUTHAMPTON, LONDON. MANCHESTER. BMMMGHAM. BRISTOL. LIVERPOOL GLASGOW. LEEDS WEST GERMANY HOLLAND AMSTERDAM 1 iMf *I*l Ew *t>' Emt L«rd EUROPE FAR EAST EXPRESS FULL CONTAINER
      525 words
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      Page 16 Advertisements Column 4
      763 16 Everett Lines/ Iwm Fivt Star ShippMf Corpn. "BURMESE NATIONAL LIME' i ninaic rno dutami LOAttNG tO* RANGOON rpa* M** 1/11 My 15/17 My it/a Mr a/21 m> Aaann n Mokoyvo BOUSTEAO TTL NOS KL *****2/*****9 u Nawncwi Imwciliiwul S. A. C.I. F "ARGENTINE NATIONAL LINE' LOADMG FOR DURBAN, CAPETOWN*V*MONTEVDEO, BUENOS
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      Page 16 Advertisements Column 5
      569 16 mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYC LINE AUSTRALIA SERVICE S*#on P. Ktfa* Load 25/2 C My 27/21 My STO. BANGLADESH SERVICE Sato CWTTAGONG, CHA^M JAPAN/STRAITS SERVICE 9NUVOK TU *****44/7 A 22*1371 K IBMPUR m 4MM4. *****4 CONTMHER BOOKKG OttAN SHPPKG STOK TU 22*1144/7 MLM"S CONTAKR P KELMK TU 4347,1973/4
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      Page 17 Advertisements Column 1
      737 17 L. PIL GROUP EAST AFRICA/REDSEA SERVICE a SINGAPORE/CHITTAGONG/RANGOON/SER VICES SINGAPOHE/BANGKOK/SINGAPORE DIRECT SERVICES 12/14 U KOTA MACHAN SINGAPORE/INDONESIA/SINGAPORE SERVICES KOTA PAHLANAN KOTA BMTANG S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTABLE LCL/FCL CONTAINERS/ also acceptable 40 ft reefers for hkg bkk Pakistan National Shipping Corpn. Karachi ETA 12/13 UT tufa far KMM CHI
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      Page 17 Advertisements Column 2
      642 17 BEN LINE CONTAINERS EXPRESS CONTMO SERVICE TO/FRQM EUROPE wnwi H'BUK B HAVEN R DAM HAVRE SOT OK liar many/Austria frMCt Ml* PSp twiakava ton W SaBM M SM SaBM MPart BanaMar bM I*4 bM faM SMM 15/7 Eke Mara bM SaRM bM faM bM 18/7 Haafkaaf Eiprass hM bM W
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      Page 17 Advertisements Column 3
      558 17 Hi I V*|t| A i m i ft, Scan Dutch V WEEKLY EXPRESS CONTAINER SERVICE B.MNUI m Mm 1 rats* U/7 IMU U/7 i raw tip I MUM 2/1 I rate* i/i l)*MM2)rdM 3)tfM|4)GM| W1 VI VI 7/1 1/1 1/1 VI i 1) Oarcatew. Com. l«n> 2) Inarpoat UA Canary
      558 words
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      Page 17 Advertisements Column 4
      506 17 ft I *.ll [B KUANTAN SMGAPORE eta Reunion Durban Capetown PtEto BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNION ft SOUTH AFRICA STREAMBANK EAVERBANK (also accepting East London cargo) Lines U.S. WEST COAST SERVICE OHd trot* SfO Lbch BBMTON LTKR M M I£JU LTKS M M ASHXY inn 12/7 8/7 LOW
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      911 18 K LINE EXPRESS CONTAINER SERVICES TO NORTH AMERICA FEEOER VESSELS* PK SP MOTHER VESSELS Ka Shut 03* Sated 9/7 tapan Ace Alaska Kurote Maru *ce 16/7 lt/7 Gotten Gate Bridge lions Gate Bnrtje Tohbei Maru Banrta Ace ??N 20/7 23/7 Pacific Arrow lapan Apofc New Jersey Maru Earfer feeder mseh
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      Page 18 Advertisements Column 2
      639 18 CALIFORNIA/PACIFIC NORTH WEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Loxfcif tar: 105 ANGELES. SAN FRANCBCO. SEAITII TACOMA iiirnwi r *cc«ptac ra/ra Mmn SO TRMA mST L^2T AUSTRALIA EXPRESS CONTAINER SERVICE wcepo* FCI/FCI Cont, PKelain Spore Bm Syd HALMS 19 lut» 20 July 31 July 4 Au« «»«>»s 10 Auj U *u| 23
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      Page 18 Advertisements Column 3
      649 18 SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCEAN BUILDING SINGAPORE 0104 MARKETING *****2 (3 LINES' GENERAL *****1 (14 LIMES TELEX RS ***** RS ***** A B CARSHIP CABLE CARGOSHIP immii Kt'jiional lUJJM (loiifjiiiier Lint's WEEKLY CONTAINER SERVICE to/from BANGKOK JADE BOUNTY JADE BOUNTY IMC BOUNTY JADE BOUNTY JADE BOUNTY JADE
      649 words
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      Page 18 Advertisements Column 4
      546 18 11l GRANARD LINE INDEPENDENT- ATTRACTIVE RA TES u MEDITERRANEAN SEA SERVICE ALSO ACCEfTtSC CONTAIN** CARGO FCL OSLV FOR; PORT SAID. ALEXANDRIA. BEIRUT LATTAKIA. UMASSOL, ISTANBUL PIRAEUS Specially engaged agents A stevedores providing immediate discharge FOR TIM SIM V.39M MjJ MM SMG V 40W 1 Aug MAN CICONC V.4IN fcj Caing
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      Page 18 Advertisements Column 5
      682 18 INTRASEA (PTE) LTD Fabfv House 23JE Orchard Ro<Jd Singapore 9 Telephone *****11 *****57 MOON N879 Mr»AflA NBBC. NORASIA NBS7. REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S'P« f. Praanc Im*« tar MPt Sd BOULOOE/ ROTTERDAM/UK (AVON) BSC 29 M 2 Aug BOUtOGK/UK (AVON) W I Ami 13 Aug ROTTERDAM/CAEN Agents:
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      Page 19 Advertisements Column 1
      605 19 NOL NEPTUNE OWE NT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A,„- 9e e ..„*»cfco, TO EUROPE/UK (VIA SUEZ): 0. CHEF In Poi S.S. BRDGE+ 15/7 N CORAL 22/7 C.CONTAKR 27/7 K. MCEJM 1/8 TW BMDCE 6/8 N. PEARL JlO/8 Container feedered to/from F'stowe Also accepting cargo to/from Scandinavia +S.S.
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      Page 19 Advertisements Column 2
      41 19 NOTICE antved IMJI •t ppw oodown m/m General survey on damaged cargo discharged ex the above vessel will be held on Thursday 10th July 1980, as from 8.00 a.m. to 12 noon. No further survey will be held after this date.
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      Page 19 Advertisements Column 3
      71 19 NOTICE WATERMAN STEAMSHIP MMMMaI i rtpilar MatMy LASN smrict tftartai earfi tpact frta Satft East Mm parts ti ii s itiMtte Ball ni MtssisslMi Mnr strtt w«w« niifwiiwi wi nivw pwi TJio first soiling will bo the vtssol Voy P*nong Port Ketoeg Swiflopore ttOWE ffYDC' (BK 1974) WCI Qm| 12*
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      Page 20 Advertisements Column 1
      451 20 ANNOUNCEMENT INAUGULATION OF JOINT SERVICE OF FAR EAST-SOUTH AFRICA VICE VERSA CONTAINERIZED/CONVENTIONAL SAILINGS Mitsui O.S.K. Lines. Ltd. and SOUTH AFRICAN MARINE CORPORATION LIMITED are pleased to announce the successful conclusion of negotiations whereby the two companies have entered into a joint space and container charter arrangement. This agreement will.have the
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  • Page 20 Miscellaneous
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      Page 20 Miscellaneous Column 1
      180 20 Regional Weather a»<A ■c* y& Lv 1 X N i w i f M VA 2 t L f W 1 II r: If 1^ >Tf.V IK C Win* Wind direction with speed in knots Wave height SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. LBQBND: R Thunderstorm
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