The Business Times, 10 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# THURSDAY, JULY 11, 1181 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Japan-Asean talks
      61 1 Reuter TOKYO, Wed. Business leaders from Japan and Asean met here today for talks that could lead to the creation of an Asean-Japan Industrial Development Corporation. A spokesman for the Japan Committee for Economic Development (Doyukai) said the annual two-day meeting would discuss establishing the private corporation with
      Reuter  -  61 words
    • Article
      Lock icon Manila's trade deficit
      75 1 UPI MANILA, Wed. The Philippines, hit by higher oil import payments, suffered a US$973 million foreign trade deficit in the first six months of 1960, the central bank said yesterday. It said foreign debt jumped to US$ll.l billion compared with the 1979 level of US$9.B billion but
      UPI  -  75 words
    • Article
      Lock icon Toyota-Ford venture
      81 1 AP TOKYO, Wed. Toyota Motor Co and Ford Motor Co, have reached basic agreement on a eint venture to build small model cars in the nited States, the Japan Broadcasting Corporation (NHK) said. NHK said Toyota has proposed producing about 20,000 Toyota-developed cars a month in a remodeled
      AP  -  81 words
    • Article
      Lock icon Fighting for bridge
      80 1 AFP BANGKOK, Wed. Fierce fighting raged close to the Thai border today as Vietnamese-led forces sought to squeeze Khmer Rouge guerrillas holding out in a mountain stronghold in the extreme west of Kampuchea. For the third day running, the rival forces were fighting for control of a
      AFP  -  80 words
    • Article
      Lock icon Apprehension over inquiry
      78 1 Reuter TOKYO, Wed.— Japanese government officials and car makers expressed apprehension over US President Carter's decision to speed up a US international trade commission inquiry into the plight of the US motor industry, fearing it could lead to restrictions on Japanese vehicle exports. Nissan Motor Co Ltd
      Reuter  -  78 words
    • Article
      Lock icon Kennedy rejected
      63 1 Reuter WASHINGTON, Wed. Senator Edward Kennedy has lost a procedural battle at the Democratic Party's Rules Committee in his efforts to keep alive his presidential hopes. The Massachusetts Democrat wanted to change the party's presidential convention rules so he could try to attract delegates pledged to President Carter
      Reuter  -  63 words
    • Article
      Lock icon Dow Jones
      68 1 AP NEW YORK, Wed. The stock market showed a slight loss this morning, pulling back a bit after yesterday's unsuccessful assault on the 900-point level in the Dow Jones industrial average. The Dow average of 30 blue chips dropped 0.51 points to 896.84 in the first half hour.
      AP  -  68 words
  • Article
    Chief Price Changes
    143 1 Rises Malayan Tin 3800 100 D Keramat 1530 50 C Sugars 725 50 PMC 865 35 Tan Chong 830 35 Hume M 406 32 Berjuntai 1060 30 Magnum Corpn 975 30 U M ,W 312 28 Tractor* 850 25 C C 388 22 Sthn Kinta 1620 20
    143 words
  • Article, Illustration
    KUALA LUMPUR
    146 1 Rises Indices Malayan Tin 3950 D Keramat 1560 C Sugars 740 PMC 875 UM Works 314 Magnum 900 Berjuntai 1060 OCBC 1100 MU Ind 1110 Hume 412 Tan Chong 820 C A C Bintang 372 Falls M Brew 550 Kg Lanjut 580 A A ma] 790 100 +60
    146 words
  • Article
    First computer plant in S'pore
    740 1  -  INVESTMENT OF $30m LIKELY By FONG MEW LENG SINGAPORE will soon have its first computer manufacturing plant when Digital Equipment Corporation (DEC), the world's largest manufacturer of minicomputers, finalises negotiations to set up production facilities here to make computer equipment and parts. Sources said the
    740 words
  • Article
    Sime to pay $9m for Glychem
    190 1 THE Sime Darby group's $9.02 million bid for the assets of the industrial chemicals business (•'Gty' chem Singapore has been successful. Sime is to acquire Glychem's plant, equipment and factory at a 1.4-hec-tare Jurong Town Corporation site. A new fully-owned subsidiary, Sime Darby Oleochemicals
    190 words
  • Article
    Raising of plywood quota not likely
    450 1  -  By HSUNG BEE HWA THE European Economic Community is unlikely to agree to a request by the Asean Plywood. Manufacturers' Federation (APF) for an increase in the volume of duty-free plywood imports into the grouping. Mr Charles Norman, an official of the Timber Trade
    450 words
  • Article
    Computer depreciation
    336 1 THE Government's decision to accelerate the depreciation of computers has been received with mixed reactions in the industry. While appreciating the incentive for more computerisation, many felt that this latest move, which allows for a threeyear write-off, is a bit premature. The general feeling is that the move
    336 words
  • Article
    Market index recovers strongly by 6.3 points
    256 1 OD A 'P D MAAVAMII oiiAMSi pncxv iw-iTcrCTi sataataattally at the Stag»pace stock market yesterday with the halls esmtag •at la levee. Uallke the preview day, tradtag was mere active aad the straag aptread la prices prevailed threagheat the day tadlsf baytag Csaseqaeatly,
    256 words
  • Article
    Two more container berths to be built
    374 1  -  By GOH ENG KEE Shipping Correspondent THE PORT of Singapore Authority will build two more container berths and associated facilities adjacent to its existing Container Terminal at East Lagoon at a cost of $159 million. This project will involve the conversion of two
    374 words
  • Article
    MTSU pulls out
    69 1 THE 6,000-strong Malaysian Technical Services Union (MTSU) yesterday pulled out from the MTUC to which it has been affiliated for the last 26 years.With this move, the MTSU becames the third public sector union affiliated to MTUC to withdraw from the congress in the last nine days.
    69 words
  • Page 1 Advertisements
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      1 1 HsF
      1 words
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      194 1 THOMAS ROBI R f A L WA VS ONE STEP ahead the trained specialist... ->*, m 4 A THOMAS ROBERT BROKER •'•i'l- v (»-ri <1. I! inf. r•- ■<! i t'i'Jt I, -.a it.!" f ,r. ,l. jr. ;t>- mi ri->v. ri j. .I 'i f t>r-- I ;.r ,in
      194 words
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      Page 1 Advertisements Column 3
      56 1 SHIPPING TIMES MEDICAL eqaipmeat factory TAT LEE raaks u bwt la vestceming «p 2 ml II THAILAND ruhes mmirittw SHARP PLUNGE ii Straits tta to tease border 3 price It REELING hi the eerperat* big WHEN to reward abeve-»ver-JUM I workers 12 TV AND RADIO I, CRO6SWOED I WHERE TO
      56 words
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      Page 1 Advertisements Column 4
      50 1 See what you've been searching for.. Sony Betamaz SL~ mm Ricoh's DTIBOOR Reduction Copier. It means reduced size and reduced costs. ■#*> y, DTIBOOR For more information call *****5 Wywy Private Limited WywyHnwu. 17. Lug i n tm. Tf22lU •"ooneva A«x. j*y» Busnns MacNnes H Z»UAf*nNo 33frF(D(M JMnKatapwtgßaya) mdonew T«p
      50 words
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  • TRADE AND INDUSTRY
    • Article
      Medical equipment factory coming up
      479 2  -  By RICHARD SEAH SINGAPORE may soon find its place among the world's leading manufacturers of medical products when a new medical equipment factory in Woodlands is completed next year. The factory will be built at a cost of $20 million by Travenol Laboratories, a Singapore
      479 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      108 2 MR 9m Beng Soon, 31, has been appointed marketing manager of the Pharma division of Roche Pharmaceuticals. He was formerly the sales manager. He will be responsible for the marketing of Roche products in Singapore. Mr Ng Bee T«ng, 36, has been promoted from sales executive to
      108 words
    • Article
      Asean research on food waste
      323 2 ASEAN countries have started a research programme on the management and use of food waste materials. Under the programme, food scientists from Asean will study the conversion of food waste materials to useful products such as biogas. They will also try to develop new methods
      323 words
    • Article
      Aviation officials to meet on cheap fare scheme
      253 2 ASEAN and British aviation officials will meet in November to discuss unresolved issues arising from Asean participation in the Australia-Britain cheap fare scheme. Asean officials will negotiate for an agreement within the guidelines laid down by Asean ministers at the recent economic
      253 words
    • Article, Illustration
      NEED TO IMPROVE IMAGE
      261 2 SINGAPORE companies must be more conscious of their visual image to compete more effectively in local and world markets, the manager of a newly established art and design studio said. Miss Karin Keidheuser, head of the independent Australia-based art studio, Artistree, said many local well-established companies
      261 words
    • Article
      Professor from UK to head seminar
      134 2 A BRITISH professor of industrial ergonomics will be in Singapore next month to lead a two-day management seminar, Ergonomics in Industrial Management. Professor E. N. Corlett heads the Department of Production Engineering and Management at the University of Nottingham. Organised by the National Productivity
      134 words
    • Article, Illustration
      Line systems terminals
      223 2 A NEW line of plug-compat-ible terminals that enables IBM equipment users to update their systems capabilities has been introduced into the Asian market by Telex Computer Products (TCP). The terminals are manufactured by Telex Terminal Communications (TTC), a division of TCP, and marketed by the Dataprep group
      223 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      141 2 from now, your Matthew Norman carriage clock could be worth a king's ransom Inspired by one of the greatest horologists in history Abraham-Louis Breguet Matthew Norman designers and craftsmen have succeeded in recreating some of the most famous of all carriage clocks. Handcrafted from the finest materials, the Matthew Norman
      141 words
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      Page 2 Advertisements Column 2
      299 2 A COMPLETE COMPUTER SYSTEM IN A SMALL PACKAGE, THE HP-85 A complete, compact computer designed to be of special service to professionals such as engineers, scientists, occountants and investment analysts. It features a powerful central processor, typewriter-like keyboard, cathode ray tube display, printer, tape cartridge and graphics capability in a
      299 words
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  • REGIONAL
    • Article
      Lock icon Thailand rushes ammunition to tense border
      446 3 UPI AFP THAI troops rushed tons of US-made machine gun bullets to the tense eastern border yesterday as Kampuchean rebels battled Vietnamese infantry battalions for a rain-soaked patch of frontier jungle. Military intelligence reports put the eye of the battle only 500 metres inside
      UPI; AFP  -  446 words
    • Article
      Lock icon India justifies Heng Samrin recognition
      368 3 Agencies INDIA'S recognition of the Heng Samrin regime was influenced-by the overwhelming support from the people and the effective control of that country by its present rulers, a spokesman of the Indian Foreign Ministry said on Tuesday. The spokesman said the Indian decision would neither
      Agencies  -  368 words
    • Article
      Lock icon Relief groups to sort out food-aid problems
      312 3 Reuter UPI THE International Committee of the Red Cross (ICRC) said on Tuesday it would hold high-level talks with officials of the UN Children's Fund to sort out differences over distribution of food aid along the ThaiKampuchea border. The ICRC said there had
      Reuter; UPI  -  312 words
    • Article, Illustration
      Lock icon World leaders pay tribute at Ohira service
      685 3 UPI UPI Reuter LEADERS of China, the US and other nations of both East and West paid tribute yesterday to the late Prime Minister Masayoshi Ohira, whose brief rule helped Japan forge closer relations with both camps. President Jimmy Carter and Chinese Premier
      UPI; Reuter  -  685 words
    • Article
      Carter chided by Senate for rigid Taiwanese ties
      243 3 THE Carter administration was chided by the US Senate for being too rigid in its unofficial relationship with Taiwan which started after US diplomatic recognition of China last year. A report by the Foreign Relations Committee said it expected the letter and
      243 words
    • THE REGION IN BRIEF
      • Article
        Lock icon TRADE BLOOMS
        531 3 Agencies MALAYSIA'S trade surplus scared to a record MST.K billion la 1171, mere tku double that of 1178, the Niltyilti government statistics department said yesterday. Experts amounted to $24.21 Milton, up 17.12 Mlitoa from 1178. imports totaled $17.1« Milton last year, ap (ram $11« Milton In 1178. STORMS
        Agencies  -  531 words
    • Article
      Lock icon LNG may become Jakarta's largest money earner
      293 3 Reuter LIQUEFIED Mtml |M esaM replace erade «p as mare thu US$l "iSaa «■■ally by 1888, a U8 Embassy racy shews. The renert nld UmhH earaed $1.3 MlHaa tr*m LNG la Ike 1978/88 flan aria I year eadtag last March cempared with $*****
      Reuter  -  293 words
    • Article
      KL may waive sales tax to assist small business
      355 3 THE Malaysian Ministry of Finance may waive the five per cent sales tax now levied on small businesses with turnovers of M 520,000 a year. If the proposal is adopted, it will have to set a higher figure for the levy.
      355 words
    • Article
      Lock icon NZ press ignoring events in Asean
      162 3 UPI NEW Zealand newspapers and television are ignoring important developments in Asean, Deputy Prime Minister Brian Talboys told parliament on Tuesday. New Zealanders needed to develop an interest in the country's near north if the relationship is to be developed, its trade expanded and
      UPI  -  162 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      32 3 Emblems of Quality SANISNAKE I '[WzmzjmKm Mm ■Tail Portal* electric safety hand and mininf cap tamps _MOLY-rJLVL_ G. 8.1. KINETIC BAM TberartrtMarypjadearing A=R ABLE RIDWAY SUPPLY (PTE) LTD OIL FIELDS INDUSTRIALS SUPPLIERS
      32 words
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      Page 3 Advertisements Column 2
      104 3 I Bill and Boyd^ at Tiara Supper Clui^ July 7 26# Introducing two guys with guitars Bill and Boyd. They sing, make music and above all, entertain! They've got style. Superstar style that comes from performing with big names such as Glen Campbell, Johnny Mathis, Diana Ross and the Supremes.
      104 words
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  • RAW MATERIALS
    • Article
      RICE
      331 4 GBNGAPOBE: Yesterday's closing prices in S$ per kUo, ex-godown: THAI WHITE: 100 per cent first claas (Kangaroo) new crop 1.06, 100 per cent second claas 0.90, 100 per cent third claas 0.88, 25 per cent new crop 0.(8, B-10 per cent 0.80. THAI BROKEN: A-super 0.65, Special no stock.
      331 words
    • Article
      WHEAT
      207 4 THE Chicago Board of Trade wheat closed on a firm note on Tuesday, down cent to 2V* US cents a bushel. The wheat market was kept on the defensive most of the day by steady hedge pressure from producer new crop sales, cash dealers said. Monday's weak close brought
      207 words
    • Article
      Lock icon Portugal may increase oilseed imports this year
      115 4 Reuter PORTUGAL is expected to increase its imports of sunflowerseeds this year, mainly at the expense of relatively high-priced peanuts and, to a lesser extent soybeans, the US Agriculture Department's attache in Lisbon said in a field report. The report said imports of
      Reuter  -  115 words
    • Article
      RUBBER
      295 4 IN Singapore, the market closed easier with August One RSS buyers quoted at 289.00 cents per kilo, down 2.50 cents from Tuesday's close, dealers said. The morning market lost 2.50 cents following weaker overnight London advices in quiet trading. The afternoon session was a shade lower on light offering
      295 words
    • Article
      RAS PRICES
      289 4 R.A.S. prices In cents per kUo yesterday. Noon (per Idlo) Buyers Sellen Int. 1 R.S.S. prompt f.o.b. M.OO 2«MWN Int. 1 R.S.S. August 289.50 30-00 Int. 1 R.S.S. September ***** 292*0 Int. 2 R S.S 282.50 283.50N UK/Cont 281.S0 282.50N lnt.3R.SS M0.WJ UK/Cont 278.50 279.50N Int. 4 R.S.S.
      289 words
    • Article
      SSR and SMR
      108 4 NOON SSR ai id SMR p ticai yMUrdijr RA8 Auut Septan bar (Carnal Mth) Bayers Sailers (forward Mtk) Buyer* Sailers SSR 20 (1-ton pellet) 266.50 268 50N 267.50 209 50N SSR SO (l-fa» pallet) 263-SO 266 50N 264.50 266 50N MKBLB August Septaaber SMRCV (1-ton pellet) 306.00
      108 words
    • Article
      Straits Tin
      83 4 THE Straits tin price in Penang yesterday weakened MSSI per plenl to It,lll, $14 betew the lateraatteoal Tin Agreement ceiling, dealers said. Sentiment tnrned easier fallowing buyers withdrawwing at higher levels despite firmer Lsndsn advices sn Tuesday night and a smaller eeatrlbutten sf tin metal frsm miners. The
      83 words
    • Article
      CLOSING PRICES
      39 4 Rubber: July 9 Singapore: Aug: 280.00 cents (down 2.50 cents) Malaysia: Aug: 292.50 cents (down 2.50 cents) Tin: M 52,131 (down $30) (equivalent to $35.24 per kilo) (down 49 cents) Official offering: 169 tonnes (down 13 tonnes)
      39 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cettea yan: China Blue Phoenix 20s 2,210; 32s 2,600, 40s 2,850 (per bale oC 400 lbs). Pteee gee*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      Produce exchange
      174 4 CHINESE Predaee Exchange, Singapore, cteaiag prices per 111 kg yesterday: Caeaaat all: Bulk fob 139.50 sellers, ok) drum (in second hand drum) fob $149.50 sellers, new drum fob $155.50 sellers. Cepra: Mixed (loose) 186.50 buyers. Pepper: Muntok white pepper fob Asta NLW $445.00 sellers, Sarawak white pepper faq
      174 words
    • Article
      SOYBEAN
      228 4 THE Chicago Board of Trade soybean futures closed on or near highs on Tuesday, up 10V4 to 17 US cents a bushel on a 24-cent range in the November contract. After opening stronger than expected, prices moved lower on private forecasts of rain in the Midwestern soybean belt, traders
      228 words
    • Article
      LONDON MARKETS
      769 4 COFFEE: Robusta futures closed the morning slightly steadier near the higher end of the morning's trading range after setting new contract lows around mid morning, dealers said. End morning losses ranged between £28 and £9 per tonne after declines at one time of around £47 basis September at
      769 words
    • Article
      PALM OIL
      140 4 IN Kuala Lumpur, the market eased yesterday with operators sidelined in quiet trading, dealers said. In the central and southern regions, July fell Mss to $825 and $830 per tonne respectively, while the northern region was unchanged at $835. For August, the central region eased $2.50 to $832.50.
      140 words
  • ASIAN STOCKS
    • Article
      Still bullish
      608 4 TOKYO TRADING desires were aroused yesterday due to imminent appointment of Mr Suzuki as prime minister. The market continued to rise with interest on speculative stocks as well as a series of real estates and fishery counters. Hidden asset issues also attracted attention and blue chip home appliance
      608 words
    • Article
      Hongkong
      332 4 THE market managed to rally yesterday following a very weak opening due to the continuation of profittaking from Tuesday. Traders were still nervous about Jardine shares as there was still no concrete news of any corporate changes. Jardine shares touched HKS20.20 before closing at HKJ20.90 Wheelock Marden again failed
      332 words
    • Article
      Sydney
      372 4 STOCK prices closed mixed yesterday with oil and mining shares easier but with industrials steady at the close, dealers said. Profit-taking in oils took Southern Pacific down A|2.00 to $24.00 and its Rundie shale oil partner Central Pacific $3.00 to $67.00 while Woodside lost five cents to $3.30, Bridge
      372 words
    • Article
      Bangkok
      274 4 STOCK prices and trading volume both finned slightly yesterday on market expectations that Bangkok Bank will increase its capital by 150 million baht, dealers said. Bangkok Bank closed unchanged at 298 baht, while First Trust rose 1.50 to 75.50, Capital Trust 1.75 to 40.25, Mab Boonkrong Drying and Silo
      274 words
    • Article
      Manila
      156 4 THE market closed mixed yesterday with turnover rising to 2.7 million pesos from Tuesday's 1.1 million, dealers said. Atlas Con B, Lepanto B, Surigao Con B, Basic Petroleum, Anglo Phil, Phil Overseas and Marsteel firmed while Philex B, First Phil Hldgs and San Miguel B eased and the rest
      156 words
    • Article
      Selected indices
      51 4 FINANCIAL TIMES INDUSTRIALS Tuesday 492.7 Monday 405JO Week Ago 461.4 DOW JONES AVERAGE INDUSTRIALS Tuesday 897.35 Monday 806.21 Week Ago 872.27 H.K.HANG SENG Wednesday 1081.44 Tuesday 1071.84 Week A«o 1037.71 8TDNEY INDUSTRIALS Wednesday 694X8 Tuesday ***** Week Ago 686 21 ALL ORDINARIE8 Wednesday ***** Tuesday 924 JO Wee%AfO
      51 words
  • Page 4 Advertisements
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      185 4 For all Health Sports Enthusiasts The Mandarin Recreation Health Centre is here! .'f*T nJ A f I m "Sa. it idMHIM Walk a while or jog a mile. Get on the exerbicycle and tone your muscles. Or lift some weights to get into shape. Then just relax at our hydro-pool;
      185 words
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  • OVERSEAS
    • Article
      Lock icon Arab League nations seek economic independence
      649 5 UPI ARAB League foreign and economic ministers have come up with a plan for treeing the Arab world from economic dependence on the industrialised West and at the same time to put heavy pressure on Israel. The plan was drawn up during the Arab
      UPI  -  649 words
    • Article
      Lock icon Washington seeks views of allies on Soviet offer
      265 5 Reuter IN A move that could lead to direct talks with Moscow, the United States is polling its allies' views on the Soviet offer to discuss limitations on medium-range missiles, Carter Administration officials said. US ambassadors will ask the governments of the
      Reuter  -  265 words
    • Article
      Lock icon Carter announces package to save US car industry
      687 5 NYT AFP PRESIDENT Carter, surrounded by labour and industry leaders, has announced a package' of assistance measures intended to aid the slumping car industry. The package includes easing of Federal emission regulations, a temporary halt in new safety regulations, some small tax
      NYT; AFP  -  687 words
    • Article
      Edward Kennedy mounts one last effort
      305 5 SENATOR Edward Kennedy's final effort to thwart President Carter's candidacy began formally in Washington on Tuesday as Democrats draft rules for their national convention. Mr Kennedy's campaign aides do not expect to win any of the test votes in the party's rules committee this
      305 words
    • Article
      Lock icon Forecast of world population growth
      443 5 Reuter ALTHOUH the birth rate is declining, the world's population will still increase by almost two billion people by the end of the century and may not stabilise until the year 2030, a United Nations expert said in Bangkok yesterday. Dr Rafael Salas, executive director
      Reuter  -  443 words
    • WORLD IN BRIEF
      • Article
        Lock icon BEGIN TO BE DISCHARGED
        483 5 Agencies ISRAEL Prime Minister Menachem Begin, being treated for a heart ailment at Hadassah Hospital since he was stricken on June 30 at the Knesset, will be able to go home sometime next week. Deputy Prime Minister Yigal Yadin said on Tuesday. Mr Yadin visited Mr
        Agencies  -  483 words
    • Article
      Lock icon Selection Trust, BP merger reflects optimism
      282 5 Reuter THE agreed merger terms announced by British Petroleum and Selection Trust pose questions over the longer-term strategy of Anglo-American Corp of South Africa, but the takeover plan was clearly buttressed by optimism for metal prices. Selection Trust chairman John Du Kane said in
      Reuter  -  282 words
    • Article
      Lock icon Shell and Saudis to build US$3b petrochem complex
      308 5 Reuter the ****■«J. OO emauy aai Saadl AraMa have uaeaaeed that they will Jeiatly baUd a US$3 billlea petrochemical complex en the West Aslaa eaantry's east eeaat. Shell aai the Baadl Basle Industries Cerperatlen (SaMe) said la a jelnt statement aa Tneaday
      Reuter  -  308 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      757 5 ARRIVALS Service Local Operator Number Time From SLA SQ103 1015 KUL GIA GAM) 1030 HLP MAS MH672 1050 LBU/BKI GIA GA944 1055 PKU SIA SQ119 1100 KUL GIA GA906 1115 MES SIA SQ240 1125 MES PAL PR501 1115 MNL RBA BI423 1200 BWN SIA SQ1 1210 BWN
      757 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      124 5 II it mm 6f son FIT-UHil iT3tiil;TTl The outdoor condensing unit powered by famouslßE Climatuff compressor provides the cooling refrigerant while the quiet indoor console unit delivers cool, comfortable air.... without bulky, costly ducts. 7* MI a irilidirAii tap a A i If WW li ml li 7/ m m
      124 words
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  • Article
    Snag common to all sectors
    314 6 COMPUTER companies four months ago greeted with enthusiasm the government's announcement of an accelerated depreciation scheme for computers which allows companies to write off costs in three years. It was then seen as a boon to both suppliers as well as users of computers. But
    314 words
  • Article
    Do not forget the paperwork
    262 6 FACED with the task of interpreting and implementing this year's rather more involved NWC guidelines, many employers appear to be caught in a fog of uncertainty. This is in many ways an understandable situation. Those who already have well thought-out performance appraisal and merit increment
    262 words
  • Article, Illustration
    Lock icon Reeling in the corporate big game
    1410 6  -  Ths front-end' bonus it only part of tho bait being used to kire top-level executives away from their comfortable positions a practice fast spreading because of an apparent dearth of good managers. As one executive put it, it's the key to unlocking the golden
    NYT  -  1,410 words
  • Article
    Lock icon Name propping
    588 6  -  By RHYS DAVID FT THE STATUS-CONSCIOUS Japanese businessmen with his penchant for prestige Western names can now buy a Chester Barrie brief-case, tie or belt or perhaps even pay for his highly expensive Chester Barrie suit with a credit card carried in a wallet bearing the British company's
    FT  -  588 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      143 6 <v.V c X, >\ V 1 Hrk V uck... >~ > *<* ;"r t v J < V S v 2* O v*f 1 < Jk .1. J < V v> ?1 s>tV .%i> \\<j T ..V tV 1 s i\\ V% vour sales with CI'N Yes, CPS, using advanced
      143 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1453 6 Sloppy Western IT CERTAINLY mom as If the SBC has slgaed a eeatract with Deaa Martta to make regalar inpfii Three Batardays age, we saw htm havtag a JVfcit la Jerk*, aai eaty last week, he was trylag to find M t Bern Sheplag la My BedT Aad If yea
      1,453 words
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  • Article, Illustration
    Lock icon Aerodynamics puts new wind into car industry
    1521 7  -  By MARSHALL SCHUON NYT AS THE AMERICAN car industry struggles to survive in its gloomy new world, it is taking a fresh look at every technology that holds promise of saving fuel. The companies are cutting weight, using electronics and trying everything from
    NYT  -  1,521 words
  • Article
    Lock icon Pardon the fun
    966 7  -  I FORUM i With WILLIAM SAFIRE NYT AN EPIDEMIC of paronomasia has raced around the world. No longer can the obsession to make puns be xenofobbed off with paronomasia for the paronomasiatics the entire English- speaking world is affected. The pun never sets on Britain's Empire was
    NYT  -  966 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      156 7 TOYOTA CORONA U f v m fi i a s mt m «*r w» M i WsgStm. Due to the unexpected demand we have been able to run a second edition of the Toyota Corona Exclusive. Just like the first edition it still has: Indy 500 matt finish below the
      156 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Brussels
        94 8 JULY 08 Frs FORWARD MARKET Acec 295 unch Arbed 1725 5 Astur 443 -18 Brascan 092 18 Br u-Lamb 1420 •10 Canpac 1002 18 Cock 220 -10 De Beers 297 Ebes 1910 unch Electrobel 6100 -30 Gb-Inno-Bm 2400 15 Gev 1250 unch Hobok B0 unch Petro SMI unch Ryl
        94 words
      • Article
        Paris
        273 8 JULY 08 Frs CORBEILLE Air-Liquid* 433 B S N Gervais Danone 1010 CSK (Thomson- 7J unch CsJ) Cie Francaise 499 10 des Petroles 250 2.2 lompagnie Financier? t'ompagnie Generale 368 -1 Credit Foncier De France 433 1.5 Hachetu? (Librairie I 236 2 Machines Bull 57 20 0.4 Michelin (B)
        273 words
      • Article
        Frankfurt
        215 8 JULY 08 Dm Aeg-Telefunken 92.50B Akzo 21 JOB Allz Leben *****0 > 15 Allz Vers 415.50 -3.5 BASK 138 00B Bay H T Wbank 247 00 •inch Bay V ban It 297 50 ■1 Bayer 117 10 -0.9 BBC 306.50 -08 BMW 149 OOB .1 C'assella ***** -05 Chem
        215 words
      • Article
        Amsterdam
        157 8 JULY 08 F1s ABN Ahold 59 20 0.5 22 90 -03 296 50 0.5 AMEV 84 50 -0.3 107 00 66 20 0.3 40 00 unch 85 00 -1 56 00 208 00 -1 66 00 03 55 50 0 5 Call and 2220 02 Calve Delft ***** 3
        157 words
      • Article
        Zurich
        189 8 JULY 08 Francs Actions Suum 283 Alusuisse Br. 1115 -5 Alusuisse Reg 445 I Brown Boveri Br. Ciba Oeigy Br 1150 •10 Ciba Geigy P C 885 -15 Cita Oeigy net 610 •1 Credit Suisse Br 2195 unch Credit Suisse Kef 380 unch Elektrowatt Br. 2380 unch George Fischer
        189 words
      • Article
        Milan
        107 8 JULY 08 Lire Anic 650 0.25 Assoc Gen ***** 560 Baslogi 551 •1 Centrale ***** 430 Fiat 1096 20 Fihstder 65 unch Gen Immob 64 50 -925 in l>n 2640 34 I later menu ***** 590 1 la Ik as 124 4 IiaisKter 322 unch Magneti M Pf 4<jn
        107 words
      • Article
        JOHANNESBURG
        313 8 JULY 08 Rand INDUSTRIALS A Alpha MOB unch Abrrrom MS unch AE And CI 790 unch A Mil" 2450 Barlows j 55 ♦S Cf Sugar 1150 25 OM 500 >15 Currtt Finance 200 unch De Beers lnd 2750B >50 Edcon 580 Edgars 6600B Eveready Fed Votk 460 10 KURIl
        313 words
      • Article
        TORONTO
        206 8 JULY 08 Ct AtHllbt 18 A Iran 31 Algoma 31'. Bank Monl 28 4-'« Bank Nova Sroua 30 Bell Tel 20 Beth Corp BP Can Lid 48' Brascan 28 unch Camp Red Lake 65 Can Imp Bk 26 unch Canpac 42'. 1'. Canpac In* Pf Carting O'Keefe— t'. 1
        206 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      326 8 Where to wine, dine and entertain i y H Less to pay on our Weekday Package! Ww long tinea you've had a day to do absolute N9*» long amce you ve had a day to do abeotutely nothing except Now when you coma on our special weekday holiday, you get
      326 words
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      Page 8 Advertisements Column 2
      173 8 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 Sib 10% service charge 3% cess For reservations call 737%77 i t ciKun I 'nek Slirrnlon Sii»y;iqK>ii' SHERATON hctecS A\C WS .VOR^D.VDE 9 ihpk m Wr.
      173 words
    • Advertisement
      Page 8 Advertisements Column 3
      125 8 See Page 4 for Asian stocks and Page 9 for NYSE prices The Great family Do-lt-Vtxjrself Barbecue I > VA f P. V t; I" v l>t fjf 0- k m TOr' bW PootskJe at the lust choose whit you want and barbecue it Meat seafood, salads sauces CMThat and
      125 words
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      Page 8 Advertisements Column 4
      148 8 Rofi Praia at the Hilton? Yes. And typically Cantonese dishes, too. Food from the streets of Singapore that's right up vour alley. And if you care to. you can even watch our chefs whip up your order before your very eyes. All in the comfort of air conditioning. And Hilton
      148 words
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      Page 8 Advertisements Column 5
      225 8 APOLLO SING APORE 405 HAVELOCK ROAD, SPORE 3. TEL: *****1 CENTURY PARK SHERATON NASSIM HILL, S'PORE 10. TEL: *****77 37 SCOTTS RD S'PORE TEL: *****88 HOTEL MERLIN 3-301 MERLIN PLAZA S'PORE 7 TEL: *****11 HILTON INTERNATIONAL SINGAPORE 581 ORCHARD ROAD S'PORES 9 TEL: *****33. HOLIDAY INN HOTEL 25 SOOTTS ROAD
      225 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      499 9 THE U.S. dollar weakened against the other currencies in the foreign exchange market yesterday. Dealers said there was spme nervousness in the market as result of the impending meeting by the US Federal Board in New York yesterday: It is generally expected that the US monetary policy will
      499 words
    • Article
      LONDON
      270 9 THE U.S. dollar opened slightly below Tuesday's closing levels against most major currencies and drifted down in thin, quiet trading, dealers said. No new factors were influencing the market, and the dollar eased because of lack of buying interest, rather than selling pressure. The dollar opened at 1.7375/85 marks
      270 words
    • Article
      Treasury bill tender
      43 9 THE Monetary Authority of Singapore has invited banks and discount houses to tender for a total of 570 million 91-day Treasury bills to be issued from July 14 to July 18. Each tender must not be for less than $250,000.
      43 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
      185 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on July 9: US Dollars Spot) Offer Bid 7 days S 7 /k 8 l < 1 month 8H 8V» 2 months 9 1/16 8 15/16 3 months 9'4 9 6 months 9H 9'< 9 months 97/16 9 5/16 12
      185 words
    • Article
      Discount
      45 9 RANGE of price* offered by discount houses on July 9: Overnight: 6'/k 615/1®% Call deposits: «V< Ckxuf Buyiif Selling 3-month Treasury bills 8% 8*« 3 month Bank bills 8'A 9H 3 months CD 89/10 87/18 8 months CD 8W 8H Source: National Discount Co
      45 words
    • Article
      Australia/NZ
      54 9 AUSTRALIAN and New Zealand exchanges opening quotes yesterday: US$ 1.1617/1.1589 Stg 0.4914/0.4859 90 day air mail' buying rates: Stg 0.5161, US$ 1.2063 90 day fwd buying rates: Stg 0.4937, US* 1.1489 NZ exchanges: Reserve bank midrate US* 0.9888 Trading bank indications: US* 0.9938/0.9838 Stg 0.4186/0.4156 90 airmail buying rates:
      54 words
    • Article
      Frankfurt
      32 9 FRANKFURT exchanges opening quotes yesterday: US$ 1.7388/96 (1.7350/58) Stg 4.123/133 (4.115/125) Can 1.5200/16 Dfl 91.25/35 Sir 109.44/56 Lit 2.096/100 Ffr 43.03/08 Nkr 36.15/21 Bfr con 6.237/247 Bfr fin 6.218/228 Yen 0.7928/40
      32 words
    • Article
      FRCDs steal the show in Asian $ market
      926 9  - FRCDs steal the show in Asian market By RUTH CHENG FLOATING rate certificates of deposit (FRCDs) dominated the scene in the Singapore-based Asian dollar market for the first half of this year with 16 issues worth a record US$35O million. This represents an increase of 80 per cent in absolute
      926 words
    • Article
      Lock icon Stock market pulls back
      1275 9 NEW YORK Reuter THE STOCK market pulled back in heavy trading on Tuesday as investors decided to take profits amid worries about the health of the dollar and the direction of interest rates. Analysts said that with the dollar weak, the Federal Reserve may be unwilling
      Reuter  -  1,275 words
    • Article
      CHARTERED BANK OFFICERS ON COURSE
      103 9 I V FIVE assistant officers oC* the Chartered Bank foul-" from Singapore and one'* from Brunei are ing a training course on~* lending and marketing at* the bank's Training Central in Upper Thomson Road. They are Mr Peter LinJ Z Yeow 800 from Brunei, and.*
      103 words
    • Article
      Lock icon Deadline for old Shah banknotes
      123 9 Reuter IRAN'S central bank has given holders of 5,000-rial banknotes bearing the portrait of the deposed Shah until July 25 to exchange them for new currency with Islamic designs. The deadline, announced by state radio, is the second stage of a programme to remove from
      Reuter  -  123 words
    • Article
      GOLD
      274 9 SINGAPORE gold futures yesterday closed easier compared with overnight levels In light trading, dealers said. Opening quotations were marked down between US$5 to $10 an ounce following the metal's weakness in New York Tuesday night and thereafter the market fluctuated marginally through the day. Total sales for the day
      274 words
    • Article
      TOKYO
      162 9 THE U.S. dollar for overnight delivery closed at 219.00 yen, down from a 219.30 opening but up from 218.35 at Tuesday's close, dealers said. Trading was light with volume US$6l7 million. The dollar edged down in quiet late trading on selling by banks to adjust positions and cover export
      162 words
    • Article
      Hongkong
      161 9 THE U.S. dollar moved slightly lower yesterday against most major currencies in active late trading, dealers said. They noted two-way business in narrow ranges in the absence of new factors, but said some operators were waiting for the outcome of the US Federal Open Market Committee meeting. The US
      161 words
    • Article
      Lock icon No hurry to reduce Japanese rate
      104 9 Reuter A LOWERING of the official Japanese discount rate from the present record 9 per cent is not a matter to be decided Immediately. This the view of Mr Tadashi Sasaki, chairman of the Japan committee for economic development. Mr Sasaki, a former governor
      Reuter  -  104 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      6 9 o^s (mat lt l: 1 SOS
      6 words
    • Advertisement
      Page 9 Advertisements Column 2
      51 9 GOLDEN MILLION THEATRE REST. NITE-CLUB 4th fl„ Peninsula Hotel. Coleman St., S pore 0617. Tel: *****7.*****1 EXT 407,408 ,-vt II Ti 111 Mi r Im BE -JSm tldSs ,3'J "X /j-L JSm w Mandarin Sweet Melodies bylern Jeh Lern i Pan Chia Sin Sri Taiwan's pop entertainers Showtime Rcmunm -9.lspmA^lSwnmooßSHoW
      51 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1702 10 BID and otter prices officially lilted and business in and reported to the Stock Exchange of» Singapore yesterday with the number of shares traded s£own in brackets in lots of 1»000 units, unless otherwise specified SECTION ONE INDUSTRIAL COMMERCIAL A*ma (3.188 3.206)
    1,702 words
  • Article
    Unit trusts
    167 10 SINGAPORE UNIT 1MJCT OUB-MONTAGl The Commerce i for Jul M) (Managers' prteai i for Jal 18) 2 88 2.83 Union Spore F und 1.04 1.08 The Savtnfi Fund 1.T4 1.83 S pore Prog Fund 1JB 1.34 INCOM1 (ftn 1 BUND UNIT S pore Sec. Fund 2.11 2.22 n»fl
    167 words
  • Article
    SHARE INFORMATION SERVICE
    2765 10 Last Gr*a Gr'a Net 1980 Div Div Y'ld P/E Vol Da v H$h Low Company Sale or- Cvr rooo) High Low SECTION ONE INDUSTRIAL COMMERCIAL 379 245 Acma 318xd +2 15.0 2.8 4.7 125 34 320 318 223 220 Alcom 223 12.0 2.5 5.3 12.6 149 116
    2,765 words
  • Article
    In Kuala Lumpur
    1798 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. a MHHTBIAUS (3.228 3.265) (1) 3 26 Aieaa (MOB 2.245) (3) 122
    1,798 words
  • LATEST RESULTS
    • Article
      UNITED Malacca Rubber Estates
      56 10 has reported group pre-tax profit of MJ5,492,224 for the year ended Apr 30, 1980, compared with $5,491,918 the year before. The directors have recommended a final dividend of 20 per cent, which together with the interim dividend of 8 per cent, makes the total distribution for
      56 words
  • Article, Illustration
    Renewed round of buying
    663 10 SHAKE prlees tiried ill saglji apwards re■rati wave sf baytag at the Hl»|»pirr stock market yesterday. The Mitir seaUmeat «I the prevtoas tws dayi aeemed to have evspsrsted as balk remned eaatrai early ia the aieralag ail dsmiasted thfMghNt to the rlsslag ML the advaaee were
    663 words
  • Article
    Turn for the better in KL
    618 10 BUYERS returned to boost prices broadly higher at the Kuala Lumpur stock market yesterday, after two sessions of general weakness. Trading momentum picked up on the market made good its recovery. Reflecting this, total turnover swelled to 4.89 million units worth $17.99 million from
    618 words
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  • COMPANY NEWS
    • Article
      Tat Lee comes up tops
      1706 11  -  By CATHERINE ONG LONDON-based stockbroker Laurence, Prust has ranked Tat Lee Bank shares as the best investment in terms of growth potential in the banking sector. In the June issue of its Overseas Investment Research bulletin, it said: "We are particularly impressed with the high
      1,706 words
    • Article
      COMPANY BRIEFS
      130 11 THE Stock Exchange of Singapore Ltd and the Kuala Lumpur Stock Exchange said they have suspended trading in the shares of CeatnU Sugars Bbd and parent company Malayaa (Jilted Industries Bbd at the requests of the two companies. Both companies requested the suspension for three days pending an
      130 words
    • Article
      SPP to join up with Scott
      307 11 THE proposed joint-ven-ture project between SPP Ltd and the US-based Scott Paper International will involve a total investment of $8 million. The local partner will provide all the necessary plant facilities and machinery while Scott will contribute $4 million in cash. SPP said yesterday
      307 words
    • Article
      Chemical acquires more of Juta
      172 11 CHEMICAL Industries (Far East) has acquired a further 8.34 per cent of the equity capital in subsidiary Juta Properties, bringing its total stake to 91.67 per cent. Chemical said yesterday the purchase of an additional 250,000 ordinary shares of $1 each in Juta at $2.70
      172 words
    • Article
      Sentosa dependent on log supplies
      434 11 SENTOSA Plywood's profits this year would depend very much on the market situation, both locally and overseas, and on the availability of log supplies. This was disclosed by its chairman Datuk Nik Hussain bin Nik Ali in his latest annual review. He says the group's
      434 words
    • Article
      Lock icon Comparing banks
      401 11 WHS by HOCK LOCK SIEW Laurence, Prust has rightly said scrips in the banking sector have traditionally been traded on higher price-earnings ratios than those in most other sectors. But how do the banks themselves measure up among themselves? A comparative analysis of the financial statements of the
      by HOCK LOCK SIEW  -  401 words
    • Article
      RESULTS DUE
      151 11 Date Li k*t Fall Ye ar Cempaay n—»—i ronM Iwwrcid Net EPS Great Pretei last year <«■*> Dtv. tTtOl M Cement <%) <nN) I 17/7 29.3 22.5 6,254 Sel Prop I 20/7 8.5 12.0 6,885 M Credit F 24/7 2.5 5.0 4,286 Semb Ship I 31/7 31.6 20.0
      151 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      146 11 A well established restaurant with good potential for growth seeks an experienced individual as RESTAURANT MANAGER REQUIREMENTS:- A mature person above 28 years of age At least 5 years experience in a similar capacity Proficient in English and Mandarin and other dialects Honest and reliable Must be able to handle
      146 words
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      Page 11 Advertisements Column 2
      158 11 We invite you to 40 years of the best of Times pictures T J* From the devastating Bukit Ho Swee Fire and the days of Indonesian Confrontation to the pleasant nostalgia of a typical Baba wedding and the days of the rickshaw. From the dramatic Spyros disaster to the triumphant
      158 words
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  • Article
    When to reward the productive workers
    451 12  -  By FONG MEW LENG PRODUCTIVE workers should be rewarded only at the end of a certain work performance review period after they have demonstrated higher productivity consistently over that length of time. Singapore employers recommended this approach to implement the new two-tier National Wages
    451 words
  • Article
    Lock icon China may enact more laws on joint ventures
    171 12 Reuter MORE laws on joint ventures in China could be enacted at the next National People's Congress in August and September, Harvard University professor Jerome Cohen said. Professor Cohen, speaking on the present state and prospects for Chinese-foreign joint ventures said the
    Reuter  -  171 words
  • Article
    A & W to open 6 more outlets in Singapore
    304 12 A W to open 6 more outlets in Singapore COMPETITION in the local fast foods industry is likely to become even keener with A k W's latest announcement of a $10 million investment in 16 new retail outlets in Singapore and Malaysia. A company spokesman yesterday said the 16 outlets
    304 words
  • Article
    Judgement reversed
    342 12 THE COURT of Appeal yesterday reversed a High Court judgement of breach of contract by a company director, Mr Gary Quek Choon Huat. Under the original contract suit brought by lawyer Francis T. Seow and his wife, Mr Quek was ordered by Mr Justice Chua to "complete," as
    342 words
  • Article, Illustration
    Lock icon HUA MEETS PREM
    70 12 Reuter CHINESE leader Hna Gnefeng and Thai Prime Minister Prem Tinsolanenda meeting in Tekye yesterday te discuss the Kampnchean situation at the start of an Intensive rennd sf meetings between werld leaders en International problems. The two men, whe later joined President Carter and ether leaders at
    Reuter  -  70 words
  • Article
    Lock icon Thailand to seek support for food aid issue
    225 12 AFP THAILAND will seek Asean support in its bid to maintain the controversial cross-border feeding programme that has sustained Khmer Rouge guerillas in Kampuchea. Official sources said Thailand would call on its Asean partnet-s to join in fighting plans by international relief
    AFP  -  225 words
  • Article
    LONDON STOCKS
    782 12 LONDON, Wed. The market closed mixed after a limited recovery from a weaker opening, dealers said. At 3pm the FT index was up 2.5 points at 495.2. Leading industrials were generally 2p to 4p either side of last night's closing levels, though Ferranti extended recent gains by rising
    782 words
  • Article
    Lock icon Carter rounds off trip with meeting
    371 12 Reuter PRESIDENT Carter today ends a 21-hour visit to Japan with a meeting with Chinese Prime Minister Hua Guo-Feng that is expected to underline their condemnation of Soviet military intervention in Afghanistan. The Afghan crisis was a main item on the agenda, with the
    Reuter  -  371 words
  • Article
    Lock icon Tokyo dollar centre
    254 12 Reuter MR TAKASHI Hosomi, a former Japanese ViceMinister of Finance for International Affairs, said his proposal to set up an offshore dollar centre in Tokyo is gradually winning support from Japanese monetary officials and foreign banks. But Mr Hosomi, now senior adviser to the Industrial Bank of
    Reuter  -  254 words
  • Article
    Straits tin price falls to $2,131 a picul
    478 12 THE STRAITS tin price again dropped sharply below the buffer stock tin ceiling price yesterday, closing at M 52,131 a picul on the Penang market, down $30 on the previous day's close. Official offerings totalled 169 tonnes, down 13 tonnes from the
    478 words
  • Article
    Lock icon Project financing to play vital role
    164 12 AFP PROJECT financing will play an indispensable role in providing the world's future energy needs, Mr Heinz Wascheck, Bank of America senior vice-presi-dent and Far East area general manager, said yesterday. Addressing a businessman's luncheon, he said the world of project financing is not
    AFP  -  164 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      183 12 A+mrmw—t Accountant Does Tango In Boardroom A respected accountant recently broke with tradition and began tangoing in his company's boardroom. The reason for this spontaneous outburst was due to a particularly pleasing annual report. Said the accountant in an interview, "Things have really gone well this year. Last year, rising
      183 words
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      Page 12 Advertisements Column 2
      3 12 Leader ...Page C
      3 words
    • Advertisement
      Page 12 Advertisements Column 3
      163 12 Make all business your business Business Times has a number of vacancies for trainee journalists. We are looking for young, intelligent, people who have a real desire to contribute to the fabric of the business, political and social scene in Singapore. Recent graduates and nongraduates will be considered but successful
      163 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      62 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Light rain in the early morning. Report for U Imuv prfor to U p.m. m July at tke airport. Maximum temperature 32.5 Associated humidity M Minimum temperature 26.0 Associated humidity 89 Hours of sunshine 4.40 Rainfall in millimetres Ml Total
      62 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Lock-keepers walk out
        82 13 Reuter A WALKOUT by lock-keepers stranded more than two dozen freighters in Montreal harbour and the St Lawrence Seaway for the second day running. The walkout began on Sunday over a management decision to cut one job at each lock. The lock-keepers said it would mean the
        Reuter  -  82 words
      • Article
        Lock icon Labour committee
        117 13 Reuter A COMMITTEE has been set up to try to solve labour problems at Calcutta port, chief secretary to the West Bengal state government AK Sen said. The committee, which will hold fortnightly meetings, comprises* a joint secretary of the Indian Ministry of Shipping and Transport, the chairman
        Reuter  -  117 words
      • Article
        Lock icon Tuna boat sinks
        92 13 UPI AN 18-metre tuna boat sank on Monday after a collision with a 220-metre Norwegian bulk carrier in rough seas off Oahu's Kaena Point in Hawaii, the US Coast Guard reported. The smaller boat, the Seafin, was returning to Honolulu harbour with a load of tuna. Its
        UPI  -  92 words
    • Article
      New agreements will cost PSA at least $6m
      696 13  -  By LINDA CHEE THE PORT of Singapore Authority will have to expend $6 million under two new collective agreements with the Singapore Portworkers Union (SPWU) for daily-rated and junior monthly-rated employees. The three-year agreements back-dated to July 1, 1979 cover about 2,800
      696 words
    • Article
      Six crew members abandon burning Maritime Fortune
      256 13 THE remaining six crew members of a blazing 19,714ton Panamanian-registered freighter, Maritime Fortune. abandoned ship yesterday as it drifted off the central Japanese island of Oshima. The Japanese Maritime Safety Agency said the other 23 crewmen were taken off earlier and no casualties
      256 words
    • Article
      INDEX TO ADVERTISERS
      555 13 Shipping Um W Shipping Lte Pm Cat Adriatic IV 5 Evergreen TV 3 Afea VI 3 Fesco V 1/2 Afro-Eurasia vn 2 Flotta Lauro V 5 All trans VI 5 Fortune VI 5 Alpac VI 5 Franco-Belg m 4/5 Angkutan VI 4 Frata NVOC VI 2 Angonave
      555 words
    • Article
      Phillips cancels contract for Henrik Ibsen
      422 14 PHILLIPS Petroleum has cancelled its four year charter contract with Norway's Stavanger Drilling (or the semi-submersible floatel Henrik Ibsen, sister rig of the ill-fated Alexander L Kielland. The contract, which should have started around February, was valued at about 300 million Norwegian kroners. And
      422 words
    • Article
      Lock icon Gerard attempts to row across Atlantic alone
      322 14 UPI GERARD d'Aboville, who successfully rowed a boat from Cape Cod to Ireland in 1966 with a companion, wants to become the first man to row across the Atlantic Ocean by himself. The Brittany resident, who was scheduled to leave on his 680
      UPI  -  322 words
    • Article
      Container Schedules
      947 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 following
      947 words
    • Article
      LONDON FREIGHTS
      1559 14 FAIRLY active chartering developed in the North American grain sector at generally steady rates on Tuesday. A cargo was covered from the US Gulf to Antwerp/Rotterdam/ Amsterdam at USH6.SO fio for July while $31 was agreed for business from the Gulf to Puerto Cabello and to west coast
      1,559 words
    • Article, Illustration
      Foreign crew are filling up Greek ships
      1495 15 WITHOUT exception Greek owners maintain they prefer to man their vessels 100 per cent with Greeks. There are some observers who go so far as to allege that the old island "family"» approach to manning still persists to a greater degree than is
      1,495 words
    • Article, Illustration
      SHIPS IN PORT
      450 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Car Liner No. 1 (RO/RO 0600 fter Kota Timur) 10/11 Centaur (Passenger) (1600) 1/2 K Dong Yun (0530) 42/43 Howa Maru (0630 tide) 18 Iweri (0800) 21 East Murrayeverett (after Toyofuji No. 5) 45 Pabloeverett (0900 after Luna Marina A Selamat Datang)
      450 words
    • Article
      SHIPPING LIST where your ships are due ... and when
      2750 19 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port
      2,750 words
    • Article
      PORT CONDITIONS
      781 20 •S^llgeria «jjfeaba June 25, berdelay of about 2'/i SSgiers, Oran and Skikda K3£?une 25, ports congested •«with delays of between 5-15 I jianrla July 2, 7-10 days berthing delay, July 2, no wait- Jpg time. n«.iARGENTINA c Bahia Blanca End June, delay. Buenos Aires End June, 12 grain
      781 words
    • Article
      World Services
      252 20 -CIL-CYPRUS: CIS Line has «extended its weekly contain--'et" service between Ipswich .and Haifa Ashdod to include mealls at Limassol. Operating -as an independent using the small West German containcarriers, Ymir, Donar t .arid Thiassi the line will be «chiding the additional call as from early July. Municourt of
      252 words
    • Article
      British shipping gets £20 million aid
      328 20 THE BRITISH Government's loan moratorium scheme for shipping companies will cost it "no more than £20 million," according to Mr Bill Kirkpatrick, manager of Finance for Shipping (FFS). It is known that six British shipping companies Bibby Line, Turn bull Scott, Reardon Smith, Stag
      328 words
    • Article
      WHO ACTS FOR WHOM...
      1504 20 The leading shipping lines operating from loeal ports and the agents who handle cargo bookings for them. A B Adriatic Ceatalaer Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Alfred C. Teepfer Sea Consortium (S)/Marintex Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg and
      1,504 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      414 13 |Jl GRANARD LIME INDEPENDENT-ATTRACTIVE KATES MEDITERRANEAN/EAST ASIA SERVICE ACCEPTING CONTAINER CARGO FCL ONLY FOR; PORT SAID, ALEXANDRIA, BEIRUT, LATTAKIA, UMASSOL. ISTANBUL A PIRAEUS Specially engaged agents stevedores providing immediate discharge. fiRANARO SNIPPIN6 AGENCIES (S) PTE LTD. TEL *****77 (5 Lines) tt J> IA RI) 1\ 1 AN i All Orient,
      414 words
    • Advertisement
      Page 13 Advertisements Column 2
      200 13 ifSI SEALORI) UJ ANTAH M UASC UNITED ARAB SHIPPING CO (SAG) GULF P EXPRESS MULTI-PURPOSE SERVICES Dubai (28/7). Dammam (31/7). Kuwait (3/8), Doha (6/8). Abu Dhabi (9/8) Mina Qaboos (31/8) Mina AL Fahaf (1/9) Dubai (3/9) Damman (5/9) Kuwait (7/9) FULLY CONTAINERISED SERVICE SEA/.land Customer Sp'»'> >■ B l-. W??
      200 words
    • Advertisement
      Page 13 Advertisements Column 3
      20 13 mm CONTAINER Schedules U LONDON Freights n/m SHIPS In Port HI SHIPPING List VD REGIONAL Weather VTO PORT CONDITIONS Vffl
      20 words
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      Page 13 Advertisements Column 4
      739 13 cnan Alycri.in N.ition.il Lint' WE SERVE MEDITERRANEAN AND ALGERIAN PORTS I p Agents: nmorctmmatmmm AtOCTFTL LTI. Tel *****4 (5 lines) SINGAPORE MAERSK LINE EXPORT TO US. PACIFIC, GULF, ATLANTIC, EAST CANADA AND ASIAN PORTS MMnkPM* 13-14/7 14-16/7 ARNOLD MAERSK 22/7 10/1 21/1 24/1 25/1 2«/ l Maersk Rando 20-21/7 22-23/7
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      729 14 LEO SHIPPING PERNAS-MISC PTE LTD. SHIPPING AGENCIES SDN BHD SINGAPORE PORT KELfING PENANG HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALA YSIAN HTERNA WONAL ShtPPHG CORPORA HON BERHAD ZmUmu Smfct Feeder *T Ketone B PfNAGA 12/7 B DAHLIA B PfNAGA B. DAHLIA B PfNAGA 19/7 27/7 2/8 9/8 T>
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      Page 14 Advertisements Column 2
      327 14 BBS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA rt fatac ftb trrani CM M ink CM hM N T«* Mriai St Ma H Qri Ma M*M ■MB W 9-11/7 1711/7 17/1 22/8 24/8 25/8 27/« 2/9 4/9 29/8 MB 108* *25/7 23/1 1/9 6/9. 8/9
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      Page 15 Advertisements Column 1
      906 15 Overseas B Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok Containership Services To/From Banfkok CONTJUNER3HP aw TO UK/CONTtNT: Bay larp Bay 12 M Branan Ejprtss II At Kawtoan Bay Spare rXitanf O'mart Bran UN 31 At 2 Auj to Sabah. Sarawak and
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      Page 15 Advertisements Column 2
      505 15 I E Franco Belgian Services {F ,r Fa*' Frr.ich >crt ic< with B i.\im Fir F<ist,rr. I. tru-o X C.M.C.R. {AST f Mf N« H Sf U V'< t full canwotSHT soma from tummtw pore P M*n| B'lom M'sedcs Genoa 12 Mr 13 Mr 21 Mr JO Mr 2A« tM|
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      528 16 Hapag-Lloyd TOtOTOIEMMPt gx. jOJMMBMBI IW HK S-port P.hkH Gwi Trieste 1/7 3/7 13/7 14/7 1/8 8/8 13/7 15/7 l«/ 7 20/7 10/8 17/8 22/7 24/? 29/7 31/7 U/l P77 C 3 H l*r| B'hat Man LeHivre PR en Anerp 21/8 21/8 23/8 24/8 28/8 21/8 25/6 28/7 If 22/8 23/8
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      Page 16 Advertisements Column 2
      340 16 L S LINE Member of Lian Soon Group of Companies INDONESIA SERVICE As Agents Lian Soon Shipping Trading Co Pte ltd Managers lian Soon Agencies iPte ltd Registered Address Suite 1101 CPF Budding 79 Robinson Road Singapore 0106 Telephone *****11 (10 lines) Telex RS ***** lian#in IRAQI LINE IRAQI STATE
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      Page 16 Advertisements Column 3
      461 16 EVERGREEN LINE fAR EAST FUROPf fXPRESS FUU CONTAINER SERVICE ACCEPTMG CARGO FOft HAMBURG. FELRSTOMC. ROTTERDAM. ANTWERP, LE HAVRE ALSO ACCEPTMG CARGO FOR; SOtfTHMVTON, LONDON. MANCHESTER, BMMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY mam HOLLAND AMSTERDAM Ewhm* i?Mr "Ttr ■JST'SSTW u .ff if«%* nMr 11% 13 m IS Mi ll* lttai
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      Page 16 Advertisements Column 4
      619 16 Everett Lines/ a ar ChiaiMDl Cornn "BURMESE NATIONAL LINE" LONXNE Fo* MNGOON Tpm M+* te c *isss£hsim]^ CampsMi AnMtiiM D« in,,nil■ liwialmm*dS. A.C.I.F. "ARGENTINE NATIONAL LINE" URBAN, CATCTOIirr**MONTP®EO, BUENOS AMES 11/11 «N| I TraMMrtMM« IMMM MnicMi S. A. "MEXICAN NATIONAL LINE" IST/MEHCO I CENTRAL AMERICA SERVICE "m HM IM Of
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      Page 16 Advertisements Column 5
      445 16 aO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE AUSTRALIA SERVICE r ten P. Mm| Lm*v tar I 2S/2S My 27/21 My SYD, td. AOEL BANGLADESH SERVICE 15/1S Ami CMTTAGONG. CHALNA JAPAN/STRAITS SERVICE K IK ARLANDER LINE AUSTRALIA SERVICE 12/14 My 15/18 My SYD. MEL. MEL. 23/25 My 2C/2S My SYD.
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      Page 17 Advertisements Column 1
      854 17 PIL GROUP EAST AFRICA/REDSEA SERVICE SR. wis* PJMMg fmm Uafeghr MM. MM DarEsSatai*. Ife COLOMBO/KARACKI/P. GULF SERVICE 11/21 My DiM Kuwait Karachi 10/15 ft* 17/21 My SINGAPORE/CHITTAGONG/RANGOON/SER VICES 29/31 My SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES Dubai, Kuwait. Karachi Colombo, Karachi, Bombay Loading For: CMtagong. Madras SINGAPORE/INDONESIA/SINGAPORE SERVICES 24/2SM 2/4 tat 11/22 M
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      Page 17 Advertisements Column 2
      866 17 1 i I II I I II I I I I I I I BENLINE CONTAINER evkss comma soma to/from arok sau 7MP»M» "•■M-My S'P** P. Mi| U/7 11/7 kmc rami mm wwmi/ AntnaAntavp n/7 .2/1 */7 m v» VI VI 11/1 12/1 VI 1U 11/1 M/l 21/1 71/1 n/i
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      Page 17 Advertisements Column 3
      605 17 Scan Dutch WEEKLY EXPRESS CONTAINER SERVICE iOM£D/UI(/NC/SCAN LIBM 12/7 IMI 11/7 tnMI 27/7 IMI 2/1 IRM M 1) tottoia. 6mm. UgMn to» Um*mL lUL. Caaary Mm*. 1) InaM. hMtMn Mk CapMatM M tofcr mm* acMtoM or* Ik laapM. Drtain*Wi DTMi «>tmm S>UH OMH| 1 V 1$ T M i u
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      Page 17 Advertisements Column 4
      485 17 v-;,\ BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNON I SOUTH AFRICA STREAMBANK EAVERBANK WWT* 1113/7 SHGAPORE 14-18/7 4ta Raonon 27/7 Durban 2/1 Capetown 9/8 «tb 13/8 (also acceptor East London carp) Lukes Una# U.S. WEST COAST SERVICE DHdhw SfO Lbc*i Pt U*mj ypw S'tte T* ygc ■wn LIVES M M
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      Page 18 Advertisements Column 1
      794 18 I I K LINE KAWASAKI KISEN KAISHA. LTD. 1 Express container services TO NORTH AMERICA gag car n motwr vessels C%p« an 21* 14/7 11/7 GMte MI Mp UMMIMP TMM Mm 22* 21/7 23/7 Pacfli tow UOt (art* Mr nnk to Cm to accmtaM* l Mk St IMa. PMto* n»
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      Page 18 Advertisements Column 2
      337 18 i owl For Service and Reliability Qb, Y.M. LINE FE/MED SEA Full Container Service THE MALAY STATES SHIPPING CO. SDN. BHD. 25TH FLOOR CPF BUILDING 79 ROBINSON ROAD P O. BOX 1535 SINCAPORE 0106 TEL *****66 T*s tt 2*17 CABLE MASSOO Generol Agents The Malay States Shppng Co Sdn Bhd
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      Page 18 Advertisements Column 3
      543 18 SINGAPORE SHIPPING AGENCIES PTE LTD ?OTH FLOOR OCEAfJ BUILDING SINGAPORE 0104 MAR Kt TI l\i Ci 9111?? i 3 LINES GENERAL 91J'11 MiiNES TE tE X RS ?4',91) RS ?bb6B A B CARSMIP C ABl f CARGOSHIP l'v«|ioiial 111 (lontsiiucr Lines WEEKLY CONTAINER SERVICE to/from BANGKOK STORE (Wad) taft/10 My
      543 words
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      Page 18 Advertisements Column 4
      553 18 Trl GRANARD LIME INDEPENDENT ATTRACTIVE RA JES u 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 STM VJJN _9S +MM SMC VMM lA* MAN CNBMG VAIN 20 A«( +C*«PartB*.Nai«*fc.MM*LattMMariy STIAITS/EAST
      553 words
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      Page 18 Advertisements Column 5
      608 18 f INTRASEA (PTE) LTD. F c »be' House 234E Orch.vrt 3oad Si ncia&of 9 J Telephone ***** 235-105"' REGULAR INDEPENDENT SEM4/FULL CONTAINER SERVICE TO EUROPE SWe f.falMl Nmri LmAk hr BBS MM 2AM BOULOOE/W (WOW) BS7 9 AMI 13 AMI BOTTERDARVCAtN AMis: Sagapart BfTRASEA (PIE) LTD *****11 BOOKM6 *****57 m
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      Page 19 Advertisements Column 1
      691 19 TO EUROPE/UK (VIA SUEZ): Be IS-BRME+ 15/7 lICORAL 22/7 C. CONTAfO 27/7 K JACEJM 1/8 IWBRKE 7/8 C.MU. 15/8 mercator 2i/8 Container feedered to/from F'stowe Abo accepting carp) to/from Scandinavia FROM EUROPE (VIA SUEZ): K. iACON... T* BRDGE... N. PURL...... C. PAUL MERCATOR.... C. ROZE K. JACOWN. +S.S. BRDGE S
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      Page 19 Advertisements Column 2
      50 19 NOTICE ■.T. "VBHVA ANURAG** VOY: M at PAA. oAli NM.fl/S General Survey ot damaged cargo ex the above veawl »01 be held on Saturday 12th July. 1980, tram 9.00 a.m. to LOO p.m. No further survey win be held after this date. B. JUMaGoy'A 80N8 (PR) LID. M:- Mm i
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      Page 19 Advertisements Column 3
      70 19 NOTICE WATERMAN STEAMSHIP CORPORATION •flvfel tmp spact kmiikhTulm I pristT U.S. AllHtlc. Ml ni Mssftsslppl Hw ptrts. ❖I TW first soiling wiN b« mid Voy. Ptnong Port Keteeg Swgeper "flEOtff WYTHE" (BL 1174) NSCI On* 12*. J* 2MI My 24ft. My Th« oganfs at Straits ports or* HOT U.IYV SML
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      Page 20 Advertisements Column 1
      154 20 5 If you wont to reach manufacturers, exporters and importers, then 'Shipping limes medium for you. If you're a freight forwarder or in anyway connected with the shipping and cargo business, Shipping Times has just the space for you. You'll be reaching a very select group of people. People who
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      161 20 I Regional Weather :S x V 'J SSSSKB *****8888 .w\ <smm wmm IWWXVXmwsh MM& }»X®» ?t> AV J m ,>:v 9 ft :-x kX WxS f, I ■jx I /T? > 100E am SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7JO A.M. THIS MORNING. R Thunderstorm Temperature °C Shower Weather Wind
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