The Business Times, 15 July 1980

Microfilm: NL10697
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C4P) N*. lli/1/8# TUESDAY, JULY IS, ISM SO CENTS
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  • BRIEFLY...
    • Article
      Lock icon Gold 'hawking'
      107 1 Reuter HONGKONG, Mon. The Commodities Trading Ordinance will shortly be amended to ban the "hawking" of gold in Hongkong and to require the registration and regulation of all gold dealers other than members of the Chinese Gold and Silver Exchange Society j financial secretary Philip Haddon-Cave said in
      Reuter  -  107 words
    • Article
      Lock icon New KCIA head
      51 1 UPI SEOUL, Mon. President Choi Kyu-hah has appointed General Yu Hak-sung as the head of the Korean Central Intelligence Agency, the government announced today. Gen. Yu, currently commander of the Third South Korean Army, will retire from active duty on Friday to take up his new post.
      UPI  -  51 words
    • Article
      Lock icon Lukewarm response
      79 1 Reuter TOKYO, Mon. Japanese government officials reacted calmly to a statement by US Treasury Secretary William Miller that the US could cut or remove a levy on imports of light trucks as a bargaining counter to persuade Japan to curb its small car exports to the US. The
      Reuter  -  79 words
    • Article
      Lock icon Indian rocket tests
      66 1 UPI TOKYO, Mon. India will conduct rocket launching tests in the Gulf of Bengal and the •Indian Ocean this week, the Japanese Maritime Safety Agency reported. Quoting information obtained from India, the agency warned Japanese vessels to stay clear of the danger zone during the tests on
      UPI  -  66 words
    • Article
      Lock icon Massive Soviet attack
      78 1 AFP NEW DELHI, Mon. Soviet air planes, aided by ground forces, have mounted a massive attack on Afghan villages near Kabul and in South-eastern Gazni province, killing .thousands of Afghan villagers in the last 10 days, diplomatic sources here said today. Thousands of villagers have fled their
      AFP  -  78 words
    • Article
      Lock icon Saudi oil production
      60 1 Reuter BEIRUT. Mon. Saudi Arabian Foreign Minister Saud Al-Faisal has said his country will maintain its present level of oil production until the end of the year. In the first official Saudi statement on production levels since June, Prince Saud was reported by the Lebanese newspaper, An-Nahar,
      Reuter  -  60 words
    • Article
      Lock icon Dow Jones
      59 1 AP NEW YORK, Mon. Stock prices held steady in early trading today. The Dow Jones average of 90 industrial stocks rose 0.25 points to 891.38 in the first half hour. Advances outnumbered declines about 7 to 4 among all New York Stock Exchange issues traded. Aerospace and defence
      AP  -  59 words
  • Article
    Chief Price Changes
    140 1 Rises Indices I017 Elect 250 +50 Jul 11 Jul 14 Lower Perak 1230 +30 K tupar 730 +30 B.T.Indicator: 6342.10 6345.97 B Ray a Si* Ckew Mega Chen 410 438 280 +28 24 18 Industrials: Finance: 564.58 561.20 996.16 997.27 Sel Pro parties 936 15 Hotels: 480.62
    140 words
  • Article, Illustration
    KUALA LUMPUR
    145 1 Rises Indices Dunlop Est Kuchai Sel Prop Con Pit B Raya K Kamp&r U 0 Land P Carbide M Credit Mega U Cables 470 530 940 605 406 800 206 139 254 280 490 +50 +40 +40 +25 +24 +20 +16 +15 +15 +15 +14 Jul 11 Jul
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  • Article
    Motor industry awaits changes
    653 1  -  COMMERCIAL vehicle duty By CATHERINE ONG MOTOR dealers and potential buyers of commercial vehicles have been under a cloud of uncertainty over a government announcement last year that import duties on such vehicles would be abolished next month. The Ministry of Trade and Industry last July
    653 words
  • Article
    Murata Electronics fined $4,000
    262 1 MURATA Electronics Singapore (Pte) Ltd was lined $2,000 yesterday in a subordinate court an each of two charges related to the inhalation of trichkro ethylene by wortera, which caused one of them to taint last Sep It The company. piaaied guflty to the two^chargea. The first
    262 words
  • Article
    Twenty URA sites for public tender?
    442 1  -  ■y AGNES WEE THE Urbaa Redevelopment Authority Is believed to be Offering aboet new dtat for public tender in its Mink of sites. Informed sources said that about nine sites will be allocated (or office •pace and two for wai% housing and factory projects,
    442 words
  • Article
    B'desh looks to Singapore
    346 1  -  By FOO CHOY PENG BANGLADESH will soon make determined efforts to persuade more Singapore industrialists to set up operations there. As a first step, the Bangladesh Department of Industries will send about SO senior executives from the private and public sectors to Singapore to take part
    346 words
  • Article
    Gold falls below the US$650 mark
    213 1 GOLD fell helew the BXM Mft ytmUfiUy. It was And el HO k L» IMi wee alas US Im (tea Ike previa* Ok ef Hfl. Dealers attribute the tell to the possibility «f the Ualted Steles resamlag feM mtos. Ike US Treasury Becretary, Mr
    213 words
  • Article
    Four new leasing companies in S'pore
    432 1  -  •y LEE YOKE MENG ANOTHER four new leasing companies have stepped into the Singapore market this year. They are Sfraits Leasing, Trans Union Leasing, Hitachi Lease, and General Leasing. Several banks are also believed to be casting more than a passing glance at the
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      Page 1 Advertisements Column 1
      17 1 vKAhI T«tcs: M24S74AJBHAKtOSR Cjmc hakjcorp" Mcd»,reoU,*plcti HanlHom tnduMrial Emm* MaUy*j« TH: 5M«4 HlwrfKtl "HAKICOUP" JoHora Mwu MilkrM^
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      Page 1 Advertisements Column 2
      123 1 ASIA RESEARCH BULLETIN r f This Unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about 8,000 words each. There is
      123 words
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      15 1 Wms SHIPPING TIMES l» Ml LOCAL hLI EBB TO WINE AND DDTB t hon if
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      3 1 e Leeier...P»ge LM*r_P»gef
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      Page 1 Advertisements Column 5
      221 1 J. RICOH Plain paper copiers IWW pwwpwrrwn l I♦. L*. l i.177» i• i, < CALL *****6. WVf Wywy Private Limited mmmm Wywy Houm. 17 L»ng Km Road. Sinoaoore 0315. unique gateway to the UK Why via Amsterdam A total of 358 flights per week connect Amsterdam with 22 major
      221 words
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      157 2 CARRIER CUTS AIRCON RUNNING COSTS BY 33 V-\' 'i fe\'V m ■k 4 j*"Carrier announces a major breakthrough in Energy Savings. Until now, the cost of keeping your home cool with central airconditioning has meant a faster dwindling balance in your bank account. But now, Carrier presents you with the
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  • TRADE AND INDUSTRY
    • Article
      Asean trade fair in full swing
      392 3  -  By RONNIE LIM PREPARATIONS for the 10day Asean Trade Pair '80 beginning on Oct 3 at the World Trade Centre are getting into full swing, the fair's director, Mr Ng Chon Choo, said yesterday. Mr Ng, deputy director of the Trade Department which is
      392 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      232 3 MR Douglas Whitney has been appointed managing director of Manulife Singapore, a joint venture between Manufacturers Life Insurance of Canada and First Life Insurance of Singapore. Prior to his posting in Singapore, he was consultant to the president of Island Lite Insurance, a Manulife subsidiary in Jamaica,
      232 words
    • Article
      Korean trade mission
      129 3 A SOUTH Korean trade mission comprising 10 delegates from the Korea Electrical Manufacturers Cooperative arrived in Singapore yesterday.. The delegates represent manufacturers of a wide range of electrical and heavy industry goods, such as motors, wires and cables, transformers, electric .drills, control and switchgears, and cranes. During
      129 words
    • Article, Illustration
      ON SOLAR ENERGY
      113 3 A GERMAN professor, Henning Ewe, will conduct a seminar on solar energy at the Singapore Science Centre. Topics to be discussed include solar collectors, solar industrial process beat and hydrogen energy system. Dr Ewe, a professor at the Vocational College in Hamburg, has carried out extensive reseach
      113 words
    • Article
      Boost for Malaysian leal spring producers
      239 3 THE Malaysian government will soon make it difficult for motor vehicle assemblers in that country not to use leaf springs and exhaust pipes made in Malaysia. From December 1, the two items will be deleted from completely-knocked down packs, Deputy Prime -Minister Datuk Seri
      239 words
    • Article
      Welding Society to share expertise
      229 3 TO MEET the Republic's need for skilled welders, the Singapore Welding Society (SWS) has developed a scheme to disseminate the expertise of its 200 members. The president of the society, Dr Vic Rollins, said the SWS intends to help train welding supervisors and foremen, besides
      229 words
    • Article
      NEW SNEF POSTS
      71 3 THE PRESIDENT of the Singapore National Employers' Federation (SNEF), Mr Jack Chia, has created two posts of deputy executive director in the secretariat. Mr H. D. Lewis, former senior Industrial relations adviser of the Singapore Employer*' Federation, has been AoPainte6,4eputy executive director for administration. Mr Pung Eng
      71 words
    • Article
      Food processing industry records strong growth
      280 3 THE FOOD processing industry, Singapore's fifth largest manufacturing sector, recorded a strong growth of 31 per cent in output and value added in the last couple of years. Continuing growth is expected through this decade in both the food and beverage industry as companies
      280 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      198 3 'y > v: «l -V 1 -i- I N- where it counts most! The Serie Big saddle leather office suite. SADDLE LEATHER BMAftAN ♦b ■y > 1 ;.v ft« ■> ifik jfc Now from Frans, the same prestige and luxury in your office that it has given your home! We
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      Page 3 Advertisements Column 2
      31 3 tACTOmr Af ***S£M7A 77Vt to* SOUTH (AST ASU SJTHL(S£JUPTE LTD Unit 1003, 10th Floor, Tan Boon Liat Building, Outram Road, Singapore 0316. Tel: *****47 (3 Lines) Cable: STIHLSEA Telex: RS *****
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  • RAW MATERIALS
    • Article
      Lock icon Favourable weather bless Soviet grain harvest
      366 4 AP FAVOURABLE weather has improved prospects for the Soviet Union's 1980 grain harvest, now expected to total around 215 million metric tons, 20 per cent above last year's yield, the US Agriculture Department said last week. Officials said the harvest now is expected to
      AP  -  366 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cattaa yam: China Blue Phoenix 20s 2,210; 32s 2,600, 40s 2,840 (per bale of 400 lbs). Piece gaads: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      193 words
    • Article
      RUBBER
      245 4 IN Singapore, the market closed easier with August One RSS buyers quoted at 284.00 cents per kilo, down two cents from last Friday's close, dealers said. The morning market was one cent weaker continuing last Friday's easier London advices and after hours easiness. Easier conditions ruled the afternoon session
      245 words
    • Article
      RAS PRICES
      292 4 R.A.S. prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 284.00 Int. 1 R.S.S. August 285.00 285.50 Int. 1 R.S.S. September 286.00 Int. 2 R.S.S. 278.00 279.00N UK/Coot OT.00 *****N Int. 3 R.S.S. 275.00 276.00N UK/Cont 274 00 *****N Int. 4
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    • Article
      SSR and SMR
      107 4 NOON SSR u id SMR p ricss yesterdayRAS August September (Current Mtb) Buyers Sellers (Forward Mtb) Buyers Sellers SSR 20 (1-ton pallet 1 262.50 264.50N 263.50 265 50N SSR 50 (1-ton pallet) 259.50 261.50N 260 50 262 50N MRELB Aufust September SMRCV (1-ton pallet) 301.00 303.00N 302.00
      107 words
    • Article
      Straits Tin
      101 4 THE Straits tin price In Penang yesterday remained unchanged at M 52,145 per picul, in line with the International Tin Agreement ceiling, dealers said. The steadier market was attributed to a higher Leaden clesing last week and continued buying interest (rem the Japanese, US and local traders. Tetal
      101 words
    • Article
      CLOSING PRICES
      37 4 Rubber: July 14 Singapore: Aug: 284.00 cents (down 2.00 cents) Malaysia: Aug: 288.00 cents 1 (down 1.00 cent) Tin: M 52,145 (unchanged) (equivalent to $35.47 per kilo) (unchanged) Official offering: 161 tonnes (up 27 tonnes)
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    • Article
      Produce exchange
      173 4 CHINESE Prtlue Exchange, Btagapere, ei—tsg prices per IN kg yesterday: Ciei—t all: Bulk fob 139.50 sellers, old drum (in second hand drum) fob $149.50 sellers, new drum fob $155.50 sellers. Capra: Mixed (loose) $86.50 buyers. Pepper: Muntok white pepper fob Asta NLW $440.00 sellers, Sarawak white pepper faq
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    • Article
      RICE
      333 4 SINGAPORE: Yesterday's closing prices in S$ 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 no stock, B-10 per cent 0.80. THAI BROKEN: A-super 0.65, Special no
      333 words
    • Article
      Brazil buys US maize
      127 4 BRAZIL bought 250,000 tonnes of US maize at tender for shipment from the end of July to the beginning of December, sources from the Commission for Financing Production (CFP) said. Cia Brasileira de Entrepostos e Comercio, do bee, sold 200,000 tonnes at prices ranging between U*****.96
      127 words
    • Article
      LONDON MARKETS
      781 4 COFFEE: Robust* futures closed the morning steady, near the highs, with gains from last Friday of £16 to £21 per tonne. Turnover was 2,296 kits including five options. Trading turned quiet after the opening with prices at one time moving down to session lows which were still some
      781 words
    • Article
      PALM OIL
      140 4 IN Kuala Lumpur, the market was steady on some covering partly influenced by firmer Chicago advices last Friday in generally quiet trading, dealers said. Activity was mainly in the central and southern regions where July and August rose Ms2£o per tcr.r.e each from last week. July traded at
      140 words
  • ASIAN STOCKS
    • Article
      Lock icon Still apprehensive
      579 4 TOKYO Source: DBS-Daiwa THE market underwent a wait-and-see mood yester-' day and traded almost entirely on speculative issues. With the appointment of the new prime minister into the two-bouse combined assembly of the LDP Diet today and considering the difficult problems, both external and domestic, institutional and non-resident
      Source: DBS-Daiwa  -  579 words
    • Article
      Lock icon Hongkong
      339 4 Source: SHK See THE market suffered from the jitters in early trading yesterday following the announcement of an inquiry into share dealings in Hutchison prior to the annoncement of Mr Li Ka Shing acquiring the Hongkong Bank's stake. The market was well supported however at about 20 points lower
      Source: SHK See  -  339 words
    • Article
      Sydney
      371 4 STOCK prices closed easier on lack of overseas support yesterday, dealers said. Energy stocks, including shale oils, were hardest hit by the exodus of foreign cash despite market speculation of a better than expected test at Strata Oil's Dongara Basin gas find. The speculation pushed Strata shares A 25
      371 words
    • Article
      Bangkok
      264 4 STOCK prices closed slightly lower yesterday to the absence of buying support in thin trading, dealers said. Capital Trust and First Trust fell 0.50 baht to 39 and 74.50, Mah Boonkrong Drying and Silo dropped oas to 196 and Rama Tower one to 76 baht. JULY M Bahts Asia
      264 words
    • Article
      Manila
      180 4 THE market closed generally mixed yesterday with turnover slightly higher at 2.7 million pesos against two million for last Friday, dealers said. Atlas Con B, Philex B, Oriental B, Pogei, CDCP and Marsteel rose, while Basic Petroleum, Phil Overseas and PLOT fell. Baguio Gold, Benguet Con B, Marinduque B,
      180 words
    • Article
      Selected indices
      29 4 HJCJiANQ SENG Monday 1104-56 Friday 1101.14 Week AfO 1088.75 SYDNEY INDUSTRIALS Monday tBQJB Friday 804J1 Week Ago M6.7B ALL ORDINARIES Monday MU3 Friday... OTM6 Week Ago «0.4*
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      171 4 Come under our wing and get your business off to a flying start. t SAS goes to great lengths to make your business ours. For a start we give you a convenient choice of four flights a week to Europe. On Tuesday, Wednesday, Friday or Sunday. We also handle all
      171 words
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  • OVERSEAS
    • Article
      Lock icon Why foreign investment in Thailand still low
      380 5 AP FOREIGN investment in Thailand continued to lag far behind that of domestic investment, a recent report from the US embassy in Bangkok said. Government inertia and restrictions are perhaps the largest deterrents to investment, the report said. Foreign investment levels are in
      AP  -  380 words
    • Article
      KL minister calls for equal opportunities
      263 5 MALAYSIAN Finance Minister Tengku Razaleigh Hamzah said the government had to bring about equal opportunities for all before meritocracy can be practised in the country. He said the government did not dispute the benefits of using merit as a criterion for advancement as advocated
      263 words
    • WORLD IN BRIEF
      • Article
        Lock icon AUSTRALIA'S STANCE
        500 5 Agencies Australia may adopt neutrality towards Kampuchea by declining to recognise the Pol Pot government or the Vietnamese-backed government which ousted it, Australian Foreign Minister Andrew Peacock said. Australia, like its Asian allies, still recognises the fallen Pol Pot government as the legal Kampuchean government but intends to
        Agencies  -  500 words
    • Article
      Lock icon Miller expects much bigger budget deficit
      269 5 Reuter THE US budget deficit for the current fiscal year will be substantially higher than the $37 billion earlier forecast by the Carter Administration, Treasury Secretary William Miller said. He said the Administration will not propose tax cut legislation during the current congressional session
      Reuter  -  269 words
    • Article
      Lock icon UN man in search of aid solution
      475 5 TALKS WITH HENG SAMRIN Agencies THE United Nations Secretary-general's special representative, Sir Robert Jackson, met Vietnamesebacked leader Heng Saqirin in Phnom Penh over the weekend to discuss the controversy over international relief to Kampuchea. The Phnom Penh authorities are anxious to see the
      Agencies  -  475 words
    • Article
      Lock icon Islamic countries issue warning
      245 5 UPI, Reuter ISLAMIC foreign ministers from some 40 countries have decided to sever all relations with any country that approves Israel's decision to annex East Jerusalem or moves its embassy there. A communique issued at the close of the third extraordinary meeting of the foreign ministers
      UPI,; Reuter  -  245 words
    • Article
      Lock icon Begin hits out at Carrington
      107 5 NYT PRIME Minister Menachem Begin has unleashed a strong verbal blast at British Foreign Secretary Lord Carrington for cautioning Israel against moving the prime minister's office to the former Jordanian sector of Jerusalem. Lord Carrington had said it would be a grave mistake for Mr
      NYT  -  107 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      653 5 ARRIVALS Service Local Operator Number Tine From MAS MH681 1315 KBR KUL CPA CX715 1330 HKG MAS MH682 1330 KCH MAS MH623 1335 PEN THAI TG413 1340 BKK SWR SR162 1340 ZRH/ATH/CMB SIA SQ61 1340 BKK SIA SQ117 1345 KUL CAL CI009 1345 TPE/HKG SIA SQ455 1355
      653 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      273 5 Focus on the Olympus OM~2 ifj m I "wSS I «t. I" The only auto-manual 35mm SLR camera in the world that works at the speed of light •V.: Wmgn., tv r >• v f. r*■'.*■ v: x •v> I H r The TTL Direct Light Measuring System m the
      273 words
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  • Article
    Criteria URA should use
    327 6 THE Urban Redevelopment Authority's ninth sale of sites should come at a time when the construction industry in Singapore is passing through a critical stage. In previous sales, the direction of the property market was clear. There was undersupply and prices were rising sharply. This time,
    327 words
  • Article
    Increasing wages may not work
    289 6 THE Bangladeshi Investment Promotion Seminar comes, it would appear, at a most opportune time. The Bangladeshi Department of Industry is here to offer Singapore manufacturers a glimpse of the opportunities awaiting them in Bangladesh. Local labour-intensive industries will presumably have good reason to be interested
    289 words
  • Article
    The above-average doubts that must be dispelled
    2167 6  -  After a year of high wage increases, both managements and unions still appear uncertain about the role they must play in the new industrial climate. This uncertainty and a great deal of unhappiness among employers, ultimately threaten the supply of investments in the
    2,167 words
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    STRAWS IN THE WIND
    313 6 ALTHOUGH the South-east Asian grouping is beginning to be accepted and recognised by non-Asean regions and groupings as a voice to be reckoned with, two newspapers one American and the other French apparently are still not clear about Asean. The latter carried the former's report on
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  • Page 6 Advertisements
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      178 6 The 3rd S'pore International Business (Office Equipment Computer) Show SIBUS'BI March 24—28,1981 World Trade Center, Singapore Over 100 companies from 14 countries participated in SIBUS *80. More than 30,000 buyers and users (from 29 countries) VISITED THE SIBUS 80 MNftx-**'* 4T% Office Equipment Typewriters *8h cdculaKw wVMp iwiinoK CopftaQ Machines
      178 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      57 6 BriStoW: Frank Dickens I to Pfccwe it rm GonI& TuhDoifegs -fo ip«=. Tt*- ud Off #*nOMVncyJS P Tai<s FV\X i r*r- > I nm 11 1 I P/V\ I'fy-i i C r\Or r»v Tl-IG. LlO OFF T*«sß<*.u3affrTH£m TUUDDUNG PpsPep CLVPS LID PrJD ULIHb POfTTMem RbJRy 000-Ee. YfiUK' NP£fty, DlOTy PF\F£R
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      1423 6 BAD TIME FOR J J OOOD TOMES tealght may Over at the Marela right, let's see kew Mlas Mt tan ««t to be all fu Btotee Gtrto' gafcul, Mr Braile kaadke the sttaaaad laagktor, ae J J gels Lawaea, the elderly marie ttoa. Implicated tor rettery. master Mm to get
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  • Article
    Lock icon Jumping to cruel conclusions
    1322 7  -  Managerial inhumanity does exist, writes MICHAEL DIXON in the Financial Times jobs column, judging from the crass conditions laid down by some would-be employers Who should know better. MICHAEL DIXON FT *1 KEEP trying to persuade my students that business managers are real human kings just
    FT  -  1,322 words
  • Article
    Management needs clearly to define work standards first
    1156 7  -  FOBUM With YI LI SHAN ■JHE GENERAL state of I*l preparedness of the business Community for this gear's two-tier NWC recommendations is appalling. Employers and unions alike 4re struggling to find some means of differentiating the ajSove-average performer worn the merely satisfactory
    1,156 words
  • Article
    Lock icon Bid to keep Italians mum
    485 7  -  By VIVIANE DUTAUT AFP ROME has launched "Operation Silence" to combat the Mlse distracting residents and visitors from the city's charm. It has always been a noisy city. While the firecrackers once common In the city streets have for the most part disappeared, they have
    AFP  -  485 words
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      363 7 I 1 Enjoy higher SAVINGS ACCOUNT interest rate today *1 Fixed Deposits: 1 month 2 months 3 months 6 months 9 months 12 months 9V2% p.a (minimum $10,00® 9 1 /2% p.a (minimum $10,0001 9 1 /4% p.a 9 1 A% p.a -9 p.a 8 3 A% p.a Teten RS
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  • INTERNATIONAL STOCKS
    • Article
      Lock icon Thorn-EMI to close electronics plant
      418 8 Reuter THORN-EMI Ltd plans to close its audio electronics plant at Chigwell, Essex, by the end of October, involving 230 redundancies, a company spokesman said. He said a three-day week will be introduced at two audio products plants in Sussex, employing a total of 700,
      Reuter  -  418 words
    • Article
      Lock icon IBM EARNINGS GET A BOOST
      346 8 Reuter INTEBNATIONALBasIMM MiekiM Corporation nli the laereaae la art earnings far the 1» second furter wu tee la large part ta increased purchase activity la data processing eqalpneat. However, IBM saM that laflattas aad easts caaneeted with expaasiaa caatlane ta lahlbit earaiags grawth. The eampaay
      Reuter  -  346 words
    • Article
      Yule Catto profits fall 9pc in first half
      462 8 INTERIM profits from Yule Catto, the industrial and commercial group, fell 9 per cent from £1.31 million to £1.19 million in the period to April ZB. The company, which released this information in its formal offer for Revertex Chemicals, says that the
      462 words
    • Article
      Lock icon Ashton looks for markets
      340 8 FT THE LATEST quarterly progress report from the Ashton diamond exploration venture in Western Australia may contain little to set pulses racing in a share market ever eager for exciting news, but from a potential mine manager's point of view it suggests that the time has
      FT  -  340 words
    • Article
      Lock icon Bundaberg's record profit
      208 8 Reuter HIGHER world prices helped Bundaberg Sugar almost double net profit in the year ended April 30 despite a lower cane crush, chairman Sir Roderick Proctor said. Profit rose some 96 per cent to a record U5511.93 million from US$6.O7 million in the previous year on turnover
      Reuter  -  208 words
    • Article
      Lock icon Broadcasting profits of CBS wiped out
      164 8 Reuter INCREASED second quarter profits for CBS's broadcasting group were more than offset by declines at its records, publishing and consumer products groups. For the quarter, per share net declined to US$l.96 from $2.37 in 1979's second quarter. CBS/Broadcast'sre venues were up 15 per
      Reuter  -  164 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      256 8 Where to wine, dine and entertain £i 1 .C-v**, l iH fl nnfl I Local and Western self-service lunches Open daily 10.30 a.m. t03.00p.m. Snacks served 3.00 p.m. t05.00p.m. DOLPHN CAFETERIA Apollo Enterprises Ltd 119,15t floor, World Trade Centre"/ 4^y I r with the co-opera* kxi of prevent THjM 'RER-FES
      256 words
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      Page 8 Advertisements Column 2
      159 8 For lunch. For dinner. For a richly rewarding experience. Businessmen's Lunch Monday to Friday SlB 10% service charge 3% cess Javanese Rijstafel Saturday Sunday $16 10% service charge +3% cess For reservations call *****77 Jk (B> ciiliin 1 'jirk S»lh'i*t•!«>ii S~£^A T ON HQTEIS AND iNNS '.VOHLDA'i'it Wife,. W/J. m
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      Page 8 Advertisements Column 3
      155 8 Everything's here at the Mirabelle S *21 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 evening at the Mirabelle
      155 words
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      Page 8 Advertisements Column 4
      122 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
      122 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Seven US insurance companies win judgment against Iran
      680 9 NYT SEVEN US insurance companies whose assets in Iran were seized by the Islamic republic have won a judgment against Iran in federal court in Washington. In issuing the ruling last week, US District Judge George L Hart Jr rejected pleas from
      NYT  -  680 words
    • Article
      US rates stable as policy awaited
      297 9 RATES generally moved sideways through Wednesday, as market participants assessed the odds that the Wednesday meeting of the US Federal Open Market Committee may produce a change in monetary policy. Last Thursday and Friday, the tone of the markets worsened, as many participants reacted
      297 words
    • Article
      UOB opens second agency in US
      173 9 THE United Overseas Bank has opened its Los Angeles agency bringing the group's network of overseas branches and agencies in Malaysia, Hongkong, Japan, UK and the US to thirtyfour. Over the years, UOB has maintained a leading position in the South-east Asian region in
      173 words
    • Article
      Lock icon World Bank team in China on study trip
      140 9 AP, Reuter A SEVEN-MAN delegation from the World Bank arrived in Beijing on Sunday for a two-week visit to study China's economic conditions and to discuss cooperation between the bank and China. Robert S McNamara, president of the World Bank, arranged the
      AP,; Reuter  -  140 words
    • Article
      High earnings at Morgan and Chemical
      529 9 TWO US companies have reported strong second quarter earnings. Chemical New York Corp said earnings growth reflected improved net interest income, increased service fees and higher foreign exchange trading profits. But JP Morgan and Co said its v earnings reflected substantial increases in income
      529 words
    • Article
      Thailand's loan
      138 9 A LOAN agreement af USSIM million wu riped la Parte last Taeaday between Thnilaad's Ministry sf Flaaaee and a gresp sf thirteen baaks. He ieaa was dgaed by Mr Kraisri Chatikavaalj, director geaeral sf the Ministry sf Flaaaee'* fiscal psUey sffloe. Lead-maaager s( the Isaa is the French
      138 words
    • Article
      Tat Lee leads in savings rate
      677 9 INDIAN BANKS TOP FD RATES LOCAL banks generally offer more enticing rates for savings deposits than foreign banks while the reverse is true for fixed deposits. The highest savings rate offered by the 37 full-licens-ed banks in Singapore is 9V« per cent. This is
      677 words
  • MONEY AND EXCHANGE$
    • Article
      ASIAN $ RATES
      182 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on July 14: 7 days 1 month 2 months 3 months 8 months 9 months 12 months US DoUars(Spot) Offer Bid 9* 9'4 9 7/16 H 5/16 99/16 97/16 911/16 99/16 10 9% 10 9% 10 9% 1 month 2
      182 words
    • Article
      Discount
      9 9 r .vr«3i ES52 'iTi Source: National Discount Co
      9 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.3 per cent.
      22 words
    • Article
      TOKYO
      180 9 THE U.S. dollar for overnight delivery closed at 218.25 yen yesterday, slightly down from a 218.40 opening but up from 217.80 at last Friday's close, dealers said. Trading was light with the volume US$572 million. The dollar moved dully in quiet late trading with operators and dealers awaiting fresh
      180 words
    • Article
      GOLD
      303 9 SINGAPORE gold futures yesterday closed sharply lower compared with last Friday, in generally thin trading, dealers said. Prices fell marginally during the morning's trading following US Treasury Secretary William Miller's remarks on US gold sales, but dropped sharply in late afternoon trading in line with the London opening. Total
      303 words
    • Article
      LONDON
      277 9 THE U.S. dollar opened quietly and continued the steadier tone evident in the Far East yesterday and in New York in late Friday trading, dealers said. The belief that the US Federal Open Market Committee decided at its meeting last week to leave credit policies unchanged helped the dollar
      277 words
    • Article
      Hongkong
      148 9 THE U.S. dollar yesterday firmed slightly against the mark on early European buying, in very thin dull late trading, dealers said. They quoted the US unit at a late 1.7419/24 marks from an early 1.7408/13 and 1.7410/20 at Friday's New York close. However the dollar lost ground against the
      148 words
    • Article
      Australia/NZ
      59 9 AUSTRALIAN and New Zealand exchanges opening quotes yesterday: Australian exchanges: US* 1.1629 1.1581 Stg 0.4911 0.4855 9Q day air mail buying rates: Stg 0.5158, US) 1.2025 90 day fwd buying rates: Stg 0.4939, US$ 1.1511 NZ exchanges: Reserve bank midrate USJ 0.9897 Trading bank indications: US) 0.9947, 0.9847 Stg
      59 words
    • Article
      Singapore market
      495 9 THE U.S. dollar remained steady against the other major currencies in a generally quiet foreign exchange market yesterday. Against the Japanese yen, the dollar slipped slightly. It opened at 218.30, and remained steady at this rate for the morning. It then came down slightly to 218.25/30, and fell
      495 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      6 9 E/otic Food (twtav VVdvya>n I«. (>iSd>
      6 words
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      Page 9 Advertisements Column 2
      193 9 LetAeroflotffyyou to Europe The Fast, Economical and Comfortable way.... with A'Bonus'Russian Holiday World famous ballet Aeroftot operates 3 weekly flights from Singapore to Europe on Mondays, Wednesdays and Fridays via Delhi and Moscow. It takes you less than 13 hours to reach Moscow one of the shortest possible routes. So,
      193 words
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  • Article
    BUSINESS DONE ON THE SES & THE KLSE
    1647 10 BUSINESS DONE ON THE SES THE KLSE BID and offer prices officially listed sad business in and reported to tbe Stock Exchange ol; Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. BECTION ONI INDUSTRIAL 4 COMMERCIAL Aeas (3.368 1388)
    1,647 words
  • Article
    Unit trusts
    123 10 11,1111 LW u* The Commerce 1T1 1M The Sarto«i Fand LIS LM INOMU MND UWT S'pare Prof Fund 1J» LM (CMprtM) S'pare S«c. Fund US I* Incom Bond LM 1J0 S pare Invert tad LD LM S pare Equity tad LM LM MABA HJ1GPVRA Flrat B'patra 111 18
    123 words
  • Article
    SHARE INFORMATION SERVICE
    2793 10 1980 High Low Company Last Sale +or-Cr-s Div DIt CVr Gr's Yld Net P/B Vol COOO) Day High Low SECTION ONE INDUSTRIAL COMMERCIAL 370 •223 149 HS3 324 312 400 245 220 116 140 270 60 275 246* 187 285 Aetna Alcom Allied Choc BAT Bata Ben
    2,793 words
  • Article
    In Kuala Lumpur
    1820 10 BID and offer prices offlrUUy listed and ImsliMM in and reported to the Kuala Lumpur Stock Exchaage yesterday wit* the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUHBIALB (L9QS) AIM (1418 14S) (1) 196 (2) 194 (2) 199 (I)
    1,820 words
  • COMPANY MEETINGS
  • Article, Illustration
    Late buying holds up market
    555 10 PBVKKBLY lefltetM Stagapare stock mtM yesterday while moo* the better quality riara prnti for aad Nmtc tetooatol ketweea II Mi tf eeiti aplert I'M, Geattags Mi Btee Dirty liliiaail Ml S to f eeato eoeh. As Mae chip tadastrials lUM oa a weaker aoto, Ike
    555 words
  • Article
    KL sentiment still bullish
    637 10 THE Kuala Lumpur stock market pushed on ahead for the iourth consecutive session, buoyed by continued strong buying interest yesterday. Gains were recorded across a broad front and reflecting this, the New Straits Times Industrial ordinary share index rose 0.78 points to 668.50. This is the
    637 words
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  • COMPANY NEWS
    • Article
      Malayan United back on acquisition trail
      712 11 MALAYAN United Industries (MUI) is back on the acquisition trail, this time buying a 21.5 per cent stake in unlisted Southern Banking and increasing further its holdings in Central Sugars for a total cost in shares of nearly $40 million. MUI will acquire 2.155
      712 words
    • Article
      COMPANY BRIEFS
      293 11 SHARHOLDERS of Cnld Storage Holdings have approved, at the company's EOGM on Jul 9, a resolution to sell 8.75 million shares in Cold Storage (M) Bhd to Malaysians at MJ1.00 per share and a subsequent sale of a further 5 per cent of the same company within two
      293 words
    • Article
      RESULTS DUE
      189 11 Date Last Fall Year Compaay Period Announced Net EPS Gross Pre-tax i v last year (cents) Div. Preflt <%) tvm Kulim r 6/7 12.1 24 16,993 Sg Besi F 6/7 317.6 520 23,536 Alex Hldgs F 7/7 5.6 6.0 882 B Kawat F 9/7 20.8 13TE 3;758 M
      189 words
    • Article
      DIVIDENDS ANNOUNCED
      425 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year B Semb 20%(e) Aug 18 Aug 23 Aug 30 20% 20% (f) C Prop 6% Jun 23 Jun 30 Jul 21 10% 7.5% D Baby 10% Jun 13 Jun 25 Jul 23
      425 words
    • Article
      SCRIP ISSUE
      139 11 Company Particulars Ex Date Books Close Bolton Bonus Issue of 1 for 2 Jul 14 Jul 24 City Dev Rights Issue of 2 for 3 <$41.60 per share NYA NYA FAN Bonus Issue of 1 for 3 Aug 4 Aug 9 Grand Central Bonus Issue of 1 for
      139 words
    • Article
      $2m profit from HIS sale to HIM
      255 11 HUME Industries (Far East) has derived a total profit of $2,072 million from its recent sale of Hume Industries Singapore (HIS) to Hume Industries (Malaysia). Merchant bank advisor, Morgan Guaranty, said yesterday that the profit was calculated on the basis of 14,426,143 ordinary
      255 words
    • Article
      Edible's new MD
      185 11 MR KWOK.Kian Hai, 36, has been appointed the managing director of Edible Products Ltd, the Sime Darby group's vegetable oil-refining, blending and packing subsidiary in Jurong. Mr Kwok replaces Mr C.A.Jackson who will be returning to England after spending nine years in Singapore. On his return, Mr
      185 words
    • Article, Illustration
      Lock icon Market neglect
      512 11 US SiiQ&Lati by HOCK LOCK SIEW ENTHRALLED by equities, which are currently enjoying much bullish speculation, the market has unwittingly neglected a potentially profitable investment. A casual glance at the convertible loan stocks section will remind the alert that there are about two weeks left to buy Inchcape
      by HOCK LOCK SIEW  -  512 words
    • Article
      Further run-up likely in market
      398 11 OVERSEAS influence and speculative activity are expected to provide inspiration for a further run-up in the Singapore stock market. According to merchant bank Guinness Mahon, non-UK parties are believed to be playing' a dominant role, particularly in two of the "Big Four" banks Oversea-Chinese Banking
      398 words
    • Article
      Kampong Lanjut on hunt for gold
      586 11 KAMPONG Lanjut Tin Dredging's efforts to prospect for gold in certain areas of Kelantan have so far not met with much success. This is suggested by the general managers' report, contained in the company's latest annual report. According to the general managers, Pernas Charter
      586 words
    • Article
      M$80 million loan for Asiatic Development
      430 11 ASIATIC Development Sdn Bhd, a subsidiary of Gen ting Bhd, has obtained another $80 million loan from a consortium of-local banks. In a signing ceremony recently, Asiatic, which is being used as a vehicle by Gen ting for the acquisition of the three Hongkong-incor-porated
      430 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      180 11 GThe Goethe-lnstitut Singapore and the National Museum present July GERMAN PAINTING Between ISOO and 1950 18 to 28 GLASSWARE b, 6 GERMAN GLASS ARTISTS ABSTRACT ART of LIN HSIN HSIN Talk ,y "EVALUATION OF Ju, y EUROPEAN ART IN THE 19TH AND "1Q 20TH CENTURY" by PROFESSOR T-jnr,™ DR. DETLEFM.
      180 words
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  • Article
    Lock icon Zenko Suzuki in bid to heal rifts in LDP
    448 12 Reuter MR ZENKO Suzuki, who will be designated Japan's prime minister on Thursday, will appoint a cabinet intended to heal rifts in the ruling Liberal Democratic Party (LDP), party sources said yesterday. The sources said Mr Suzuki will offer senior cabinet
    Reuter  -  448 words
  • Article
    Petroleum company denies being a party to contract
    320 12 A PANAMANIAN company, Phillips Petroleum International Inc, sued by another Panamanian company in the High Court for U*****,500 in an alleged breach of contract suit is denying that it had ever been a party to the contract. Grace Shipping Inc, the plaintiff,
    320 words
  • Article
    Lock icon Australians get 4.2pc pay increase
    54 12 Reuter AUSTRALIA'S €.5 million strong workforce has been awarded a 4.2 per cent wage increase by the Arbitration Commission, effective immediately, Commission president Sir John Moores said yesterday. The increase will raise the average wage to A 5256 from $246 and the minimum wage to
    Reuter  -  54 words
  • Article
    Lock icon Japanese exports up 28pc in June
    216 12 AFP JAPAN'S mmßed experts aa Indicator ef the eeaatry'a expert treads to the mmttm to eeaM, Jaa*ed per eeat ta jrear age te DWIJTMI mllllea, the Ministry ef ■—rastliasl Trade and Indastry said. certified experts I» the first half rf Ob year ■■seated te
    AFP  -  216 words
  • Article
    Lock icon Call for major income reform in China
    302 12 AFP CHINESE economist Jiang Yiwei has called for a fundamental reform at incomes policy in China which would give wageearners a stake in the profitability of their enterprises. In an article, described as "important" by yesterday's People's Daily, Mr Jiang said this would
    AFP  -  302 words
  • Article
    Bank sues couple
    219 12 MOSCOW Narodny Bank is suing company director William S. H. Goei and,his wife, Madam Tan May Lee, for $9.4 million. Both of them had signed a US$5 million guarantee for Cheong Yip Finance (Hongkong) on Sep 14, 1974, when the company borrowed from the bank. The company
    219 words
  • Article
    LONDON STOCKS
    779 12 LONDON. Hon. Share prion closed generally easier after a qoM milnii. At 3pm. the FT index was down 1.4 points at 491.1 Dealers said the gloomy economic outlook inhibited any buying interest, with oils a particular weak feature following the (all in spot oil prices which could trigger
    779 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      265 12 Fortune Made From Thin Air Addressing a seminar on 'Business Leadership in the 80's', the owner of one of the city's biggest multi-storey shopping complex disclosed today that he owed his success to a little parrot and an Indian fortune-teller. Shortly after the shopping complex initially opened, it was a
      265 words
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      Page 12 Advertisements Column 2
      43 12 J L ill ft r i 'v V. $V? T' y y V-'" 7 v <V* t •->•*, v > ..U JJ Am! H I Ti if i i -j #'SS\ ssSN y i'l I [i i n (»F.T»»I WV il'.Y 1 it i JL
      43 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      65 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in several places in the early morning. Bepwt far 24 boon prior to 7.31 p.m. m July 14 the airport. •Maximum temperature 31.8 Associated humidity 69 Minimum temperature 25.0 Associated humidity 95 Hours of sunshine 1 4.15 Rainfall in
      65 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Rig contract for 15 years
        84 13 Reuter KONINKLIJKE Nedlloyd Groep NV's Neddrill offshore operations will charter a 150 million guilder jack-up rig, to be built by the Hitachi yards in Japan, for 15 years, a Neddrill spokesman said. The rig will be chartered to its subsidiary Nederlanase Aardolie Mij BV and
        Reuter  -  84 words
      • Article
        Lock icon Work resumes at Cochin
        57 13 Reuter A 28-day-old strike by about 200 workers at Cochin port in southern India was called of! following a settlement between union leaders and Port Trust authorities, the Press Trust of India said. The striking workers resumed work yesterday under an accord reached in New Delhi
        Reuter  -  57 words
      • Article
        Lock icon Chinese-German contract
        56 13 Reuter CHINA'S Shipbuilding Industry Corporation and the West German firm Liebherr-Werk Nenzing GMBH have signed a four-year contract for the joint production of marine cranes. The New China News Agency said the first group of 40 Chinese technicians has left for Austria to train at a plant owned
        Reuter  -  56 words
      • Article
        Korean crew rescued
        41 13 TWENTY-THREE Korean seamen were fished out of shark-infested waters in central Philippines after their Panamanian-registered cargo ship sank on Saturday. The Blue River crew were rescued several hours after SOS signals were intercepted by Philippine coast guard authorities.
        41 words
    • Article, Illustration
      Seatrain abandons plans for the Far East-Europe trade
      598 13 LEADING US container line, Seatrain has abandoned all plans to make a break into the Far EastEurope trade for the time being. Last December, Seatrain made a bid to join the Far Eastern Freight Conference, which groups 32 shipping lines operate between
      598 words
    • Article
      INDEX TO ADVERTISERS
      547 13 SMpptag Um CM SUfftagtiM Cai Adriatic IV 5 Evergreen IV 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 VI 2
      547 words
    • Article, Illustration
      PSA will soon take delivery of 2 survey launches
      429 14  -  By TEO TECK WENG THE PORT of Singapore Authority will soon take delivery of the first of two new hydrographic survey launches built entirely of aluminium alloy. Alu-Steel Engineers, a local boat builder, took only four months to complete the first
      429 words
    • Article
      Lock icon B and W sells subsidiary
      208 14 FT BURMEISTER and Wain, the Danish shipbuilding and engineering group, has sold B and W Damp which produces diesel generation equipment and industrial boilers to the West German Lentjes foundation of Dusseldorf. The sale price was not revealed but it is believed to be more
      FT  -  208 words
    • Article
      Container Schedules
      962 14 RECmyiNG OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL Na Ume f U by the """Agent PCL containers and LCL cargo must be delivered to the Authority's premises during the following periods. M S if r V ng Ume of r«cel*»ng 7 days before vessel's arrival.
      962 words
    • Article
      LONDON FREIGHTS
      1401 14 BROKERS reported rather quiet featureless chartering throughout the freight market on Friday with rates showing further small declines where changed. In the North American grain sector a vessel was secured from the US Gulf to Japan in Septembe at $25jRo while business from the Gulf to Matadi paid
      1,401 words
    • Article, Illustration
      Lock icon HK invests to stay ahead in regional repair market
      1279 15 Fairplay TWO new repair facilities, developed at a cost of about US$lOO million, will soon underscore Hongkong's role as a leader within the South-east Asian repair market. One of these is the much publicised new development by Hongkong United Dockyards (HUD)
      Fairplay  -  1,279 words
    • Article, Illustration
      SHIPS IN PORT
      403 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Setawar (after Tomoe 75) 13/14 Baltik (after Dong Yun A Matija Gubec sail) 38/39 Gold Star (after Thomaseverett it Cherry Sindia sail) 29/30 King Pearl (after Diny) 25 Prima King (B/Wheat) (1900 after Silver Eagle) 8/ 9 Sally Ocean (1100 after
      403 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2766 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
      2,766 words
    • Article
      Lock icon Engineer arrested on suspicion of sinking vessel
      193 20 Reuter THE Japanese Maritime Safety agency has arrested the chief engineer of a 258ton fishing vessel, sold by a Japanese trading firm to an Alaska company, on suspicion of sinking it in the Pacific off northern Japan last year. The Japanese engineer, identified
      Reuter  -  193 words
    • Article
      Lock icon Attack on Cuban ships condemned
      233 20 Reuter CUBA'S Government-con-trolled press and radio have condemned an attack by unidentified aircraft on two Cuban ships off north-west Africa on Saturday which killed the captain of one vessel and wounded three officers. The official Prensa Latina news agency said the ships were attacked 30
      Reuter  -  233 words
    • Article
      Investigations hinder plans for cargo sharing
      442 20 INVESTIGATIONS on behalf of the UNCTAD Committee on Shipping have thrown up a major obstacle to the secretariat's plans to introduce mandatory cargo sharing within the bulk trades. Revealing what has long been apparent to the industry, a report prepared for the committee has
      442 words
    • Article
      Lock icon Frigate-tanker collision
      76 20 AFP A US navy frigate and a Japanese tanker scraped in the Seto inland sea in dense fog last Friday but there were no injuries to crews aboard the two ships, the Japanese Maritime Safety agency said. The 4,202-ton US frigate Meyerkord collided with the 2,515-ton tanker Sensho
      AFP  -  76 words
    • Article
      The Consortia
      135 20 The major shipping consortia operating between the Far East /Europe and Straits ports/ Australia and the member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. •K' Line. Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line. Cho Yang Shipping. ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia/Straits Container Line. Nedlloyd
      135 words
    • Article
      WHO ACTS FOR WHOM...
      1514 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings A B Adriatic Csatalaer Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S) Euro-Asia Line (PK/PN). Alfred C. Twpfer Sea Consortium (S)/Marintex Enterprise (PK). Alpae Intrasea (S)/Yeo Shpg and Trading
      1,514 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      246 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 4§* .1A RI) I\ I A\l A H Orient Overseas Contended Line a II Ml Oil T.H BRD9 II KmatrcMiM cwwub MU. a ton 2«
      246 words
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      Page 13 Advertisements Column 2
      302 13 §9ffl§ JSI SEALORD ANTAH m UASC UNITED ARAB SHIPPING CO (SAG) tit' I .Ml 1 EXPRESS MULTI-PURPOSE SERVICES Dubai (30/7). Dammam (2/8), Kuwait (5/8). Doha (8/8), Abu Dhabi (11/8) khna Qaboos (31/8) Mina AL Fahal (1/9) Dubai (3/9) Damman (5/9) Kuwait (7/9) r FULLY CONTAINERISED SERVICE S'pare I Loading for
      302 words
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      Page 13 Advertisements Column 3
      21 13 mm CONTAINER Schedules lr II LONDON Freights 11/111 SHIPS In Port 111 SHIPPING List VII REGIONAL Weather VIII THE Consortia VIII
      21 words
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      Page 13 Advertisements Column 4
      567 13 w Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. MAERSK LINE EXPORT TO U-S. PACIFIC, QULF, ATLANTIC, EAST CANADA AND ASIAN PORTS Feeder Vmmi 14-IS/7 22-23/7 21-28/7' 5-6/8 11-12/1 13-70/8 Smppore dosinf Twits:" CY 20 My IbUO Ire US 19 July 2400 hrs Esjcsczac 24/1
      567 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      674 14 LfO SHIPPING PTF LTD SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG MM, MALAYSIAN INTERNATIONAL SHPHNG CORPORA HON BERHAD I Cwtaiwr Service To bnw Feeder 'PKetang Vessel S pore 1) MseiKes 2) Rdam 3) Hburg 4) Gburg 8 PEIWGA SM WON m Port 30/7 4/8 5/8 7/8 B DAHLIA
      674 words
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      Page 14 Advertisements Column 2
      306 14 D» SUPERCARRIER SERVICE UrbrHMSM WEEKLY SERVICE TOP AH AM A, US ATLANTIC GULF AND E. CANADA TM •J/7 9-11/7 *25/7 TSJ 12/1 MM I*? fci tra 1711/7 2-3/1 3-5/1 17/1 1/9 M IBM Mi CMa ran N M Mb SL Mb R. Ok M 22/8 24/1 25/8 27/8 2 8/9
      306 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      608 15 Overseas B B B B Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Porta and Bangkok COHTAKRSW SERVICE TO UK/COWTiPIT: Contatwrsttp Scrvfcts To/From Bangkok TM>* Ray 14 Ahb UrwpMl Bit 20 A* Hniuhrro *27Ax TaN*E*m> fin PJWai D*aak Itmi 11M 9A* 11 Ami lIM 1»M
      608 words
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      Page 15 Advertisements Column 2
      508 15 Franco Belgian Services Myron P SUNG LtMw* I'4mi HW| r»lww t'4m tnmt Www A'm? UNmti FU| rnn SJjMS 17 M lIM 31* 4 ta| Ikm 7h| MN T.N. MME 25 Mi 221* 23 la *I-21 Ja If Mr llMr CPMrcOML 22 Mr 23 Mr ll M| UMi 15 M| 11
      508 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      628 16 TO HWTHHBI Antwerp S'pofe PR Pen Bilbao Genoa H'burg Bremen Rdam Antwerp Mftrt 19/7 22/| 20/8 17/1 r 1 10/7 19/7 16/8 21/1 11/ l 11/8 2S/S 23/1 21/1 to usa/canaoa (CARGO TO ATLANTIC AND GULF PORTS VIA MMMIANDBRPGE) CONNECT IN TOKYO* from mgmmrn en Awerp 20/6 21/f 23/6 24/6
      628 words
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      Page 16 Advertisements Column 2
      599 16 KOREA $Hlppm LINE. CORPN ALT A* 153* 19-22 My 23-26 My 27/31 My FROM BANGKOK ALT MR 154E 19-22 July 23-26 July 27-31 Jriy TO BUSAfi VEGA 151W 10/13 Auc 14-16 A* 17/20 Auc FROM BUSAI T BANGKOK VEGA 152E 10/13 Auf 14-16 Auf 17/20 Au{TO BUSAfi INCHON ISC KSC
      599 words
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      Page 16 Advertisements Column 3
      518 16 ©EVERGREEN LINE fAR EAST FUROPE FXPRFSS FULL CONTAINEP SERVICE ACCEPTUG CARGO FOR HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. IE HAVRE ALSO ACCEPTMG CARGO EOR S. ITEDKWCOOM SOUTHAMPTON. LONOON. MANCHESTER. BIRMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY SftCMCSHAVfN HOLLAND mwmm c Ln ftfutem Unt| Ul 9 U** 13 15 11 N »I F"!22
      518 words
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      Page 16 Advertisements Column 4
      874 16 Wnr»\ TranspMtacMN Maritima Mtxictna S. A. y*** "MEXICAN NATIONAL LINE" FAR EAST/MEXICO ft CENTRAL AMERICA SERVICE "on TMM through Bl of Ladnf" LOAONC FOR ENSINADA KWWIO ACAPUICO ACAAITIA CORMTO SAN CSt. PUNTARENAS (COSTA RICA) COAT/ACOAICOS Vf RACRU7 AND TAMPICO WITH TRAKSWPMENJ A 1 HONGKONG Pen** P. Ketang Sngapore RAMONEVEKETT 17/1«
      874 words
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      Page 16 Advertisements Column 5
      525 16 r CIO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD V\ A SANKYC LINE AUSTRALIA SERVICE P. Kate* LaaM tar 2S/2C My 27/21 My STD, MEL, WQ. A A A s A A A A A A A A A A A A A A A A A A r A BANGLADESH SERVICE
      525 words
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      Page 17 Advertisements Column 1
      967 17 PIL GROUP EAST AFRICA/REDSEA SERVICE S*|M PKcbng 11/15 Aug 10/15 Aug Ltadng hr D*es Siiddn- Mombasa KOTA I HodeidiH leddaft Port Sudan Mocadisoo leddati HodmMi KOT* I Aqaba hpp" »llmi 17/21, My 2S/30 My COLOMBO/KARACHI/P. GULF SERVICE KOTA AGUNG 23/27 My Dubai Kuwait Karachi KOTA MEGAH KOTA MAWAJt 10/15 Aug
      967 words
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      Page 17 Advertisements Column 2
      791 17 V i F7T»j BEN LINE CONTAINERS EXPRESS COOT MO SERVICE TO/FROM EUROPE Hi*l Earns T^ntJT OmfrntUf FROMEMOPC; H'BURG B'HAVEN W Germany A«tna HanfkamEiptu Salad tM i Eipran SjM faM M/ 7 21/7 SOTON AIUK PUm| Spore Fdr M 15/7 HK. TWH bM 15/7 JPH. BU UM it/; w.m HI. W
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      Page 17 Advertisements Column 3
      541 17 WEEKLY EXPRESS CONTAINER SERVICE lOMED/UK/NC/STAW ttmm M mi iwi a/? araaa »n mum VI iraaa vi mm »/i wat—n ,V bswl lUL. C*> va vi 7/a 11/1 11/t 14/t im ivt a/i a/i a/i a/i 1/1 VI v» VI V) 11/1 FtOM SCAN/»*r/mr/J^ jj DUN BMTMBN K"» 81 IB 81
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      Page 17 Advertisements Column 4
      534 17 I >5 k i t v ii V f w j X R", t BOUSTEAD SHIPPING AGENCIES T» BANK UNE FOR REUMON ft SOUTH AFRICA KUAN TAN Sid SHGAPORE In Po eta Reunion 27/7 Durban 2/8 Capetown 9/8 «tb 13/8 (also accepting East London cargo) STREAMRANK Sid In Port 18/7
      534 words
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  • Page 18 Advertisements
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      Page 18 Advertisements Column 1
      835 18 > K LINE 1 KAWASAKI KISEN KAISHA. LTa EXPRESS CONTAINER SERVICES TO NORTH AMERICA FQDO kissels* n Clpper At. 21N 19/7 Mi Act m nn A »«Ml 31/7 sr Morto visas 21/7 M*m fiat* Mp Lam fiat* Bridge I#Mln 23/7 Pidfc knm 2/1 HmmMp no IK LA 5/1 16/8 2/1
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      Page 18 Advertisements Column 2
      400 18 CAUFOMM/MOnC Mil NISI SERVICE EXPRESS CMTAKI/KEFEt SERVICE ra AUSTRALIA EXPRESS CONTAINER SERVICE acmhn ra./ra CMUnh P Hettnf Spore Bnj Syd Meft AM Frm KALMS" 23 JMy 24 My 4A* lA* 14 »A* wnr 10 Am 11 a* 23 a* na* «s«t ios«t "NAHMS" 19 SW 20S*t 1 Oct 5 Oct
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      Page 18 Advertisements Column 3
      550 18 4 < > l'Oll|> SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH f.IOOR OtE AN BUILDING SINGAPCHF o'i)4 MARKETING 9111??'3LI\ES Gf \E "Al 9' ill l 1-S L l\£ S TElf HS J4'>9b RS A B C.ARSMiM AHI f CARGOSMie •mm l*e«|ional Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK S'PORE(Wtd) M/ 17
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      Page 18 Advertisements Column 4
      620 18 nGRANARD LINE INDEPENDENT -ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CAM GO FCL ONLY FOR PORT SAID, ALEXANDRIA, BEIRUT. LATTAKIA UMASSOL ISTANBUL PIRAEUS Specially engaged agents A stevedores providing immediate discharge FORTWE SIM MM MAN OHMS V.4IN+CaM« Part Sad. Maun SB 27 A* AUttaMaaMy STRAITS/EAST ASM SERVICE ISMSV.3SE 12
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      Page 18 Advertisements Column 5
      580 18 INTR QSEA (PTE) LTD Faber House 234fc Orchard 3oad Singapore 9 Telephone *****1 *****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE Vftn P.Mai IOTTII ALP AC LINE Sport AEGC HELLENE V.42 SaM Laadtal kr KUMON/MMMGA/ MTIAXA (PIC) LID *****11 KMtMC *****57 YH) SMPPMG i TRAONG *****4, *****2. *****8 BUM CARGO
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  • Page 19 Advertisements
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      Page 19 Advertisements Column 1
      722 19 NOL .NEPTUNE ORIENT UNES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE A me**. o. me ACE consor TO EUROPE/UK (VIA SUEZ): S.S. BRDGE N CORAL C. CONTAINER K. JACON C. PAUL TW BUDGE MERCATOK Container feedered to/from F'stowe Also accepting cargo to/from Scandinavia +S.S. BRIDGE S'pore Closing Times: FCL Cargo 0700
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      Page 19 Advertisements Column 2
      65 19 NOTICE tic CHMMMMMrt af I rafalaf BNtMf LASH sarvtca affartei earpa spscs fraai Saatl Eaat Aslsa parts ta U.S. Attack. 6atf mi Mississippi Rhrsr parts. TK« first soiling will be tto vessol Voy. Ponong Port Kolong Smgoport GEORGE WmC" (BR. 1974) WSCI On* 12*. J* 20th My 24Ml My Th«
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  • Page 20 Advertisements
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      Page 20 Advertisements Column 1
      161 20 I Z' v .«< v J If you want to reach manufacturers, exporters and importers, then Shipping Times b the right advertising 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
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      155 20 Regional Weather J i W re M H&M--2 i ti as !1! £4 c *»0» ■•>■:• J ki? m 21 \J rSIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Wind direction with speed in knots Wave height R Thunderstorm Temperature °C Shower Weather Wind direction with speed in
      155 words