The Business Times, 25 July 1980

Microfilm: NL10697
Total Pages: 20
1 20 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    9 1 BUSINESS TIMES M.C4P) No. 111/1/81 PUDAY, JULY SklNt soCENTS
    9 words
  • BRIEFLY...
    • Article
      Lock icon Chase lowers PLR
      65 1 AP NEW YORK, Thurs. Hwp Manhattan today reduced its prime rate by one-half percentage point to 10.75 per cent, undercutting the 11 per cent rate adopted industry-wide on Wednesday. Chase, the nation's third-largest commercial bank, declined to comment on its move. But analysts had been predicting the
      AP  -  65 words
    • Article
      Extension for Concorde
      63 1 KUALA LUMPUR, Thurs. Malaysia granted British authorities an extension of the trial period for Concorde flights over Malayan airspace. The six-month extension is effective from tomorrow. The press liaison officer of the transport ministry, Mr Ong Kay Peau, said the current sixmonth trial period for the needle-nosed
      63 words
    • Article
      Hoyden's assurance
      80 1 KUALA LUMPUR, Thurs Australian opposition leader Bill Hayden gave a firm assurance today that he would speedily withdraw recognition of the Pol Pot regime in Kampuchea and also grant no extension of recognition to the Heng Samrin government as soon as "my Labour Party comes into power this
      80 words
    • Article
      Lock icon More Kampucheans arrive
      78 1 Reuter BANGKOK, Thurs. The trickle of Kampucheans heading for a re-opened food distribution centre on the eastern Thai border to pick up totake home is increasing, relief agency The officials said as many as 100 ox-carts a day are arriving at the centre near the Thai village
      Reuter  -  78 words
    • Article
      Lock icon Dollar eases
      69 1 AP LONDON, Thurs Hie US dollar eased against most malar European currencies in early trading today, while gold prices, which rose sharply on yesterday, continued to rise. In London, gold opened at U*****.50 a troy ounce, $4.50 up on its Wednesday closing price. In Zurich, where the metal
      AP  -  69 words
    • Article
      Lock icon Japan-China trade up
      68 1 Reuter TOKYO, Thurs. Trade between Japan and China in the first six months of this year climbed to a record U553.99 billion, 19.6 per cent above the same period in 1979. The semi-official Japan External Trade Organisation (Jetro) said, while Japanese exports to China fell by 0.5
      Reuter  -  68 words
    • Article
      Lock icon Dow Jones
      68 1 AP NEW YORK, Thurs. Stock prices were mixed as several major banks reduced their prime lending rates to 10.75 per cent and Mobil Joined the list of major oil companies reporting large profit increases. The Dow Jones average of 30 industrials slipped 0.34 points to 928.24 in the
      AP  -  68 words
  • Article
    Chief Price Changes
    138 1 Falls Indices O C B C 1210 -30 Jul 23 Jul 24 1070 506 -30 -25 B.T.Indicatar: 6966.12 6899.55 Bolton 228 -24 Industrials: 574.36 571.57 C 8uu« O U Paper Products Nat Iron Rotbwau* 830 -20 Finance: 1043.34 1037.34 810 422 610 -20 -18 -15 Hotels: Properties:
    138 words
  • Article, Illustration
    KUALA LUMPUR
    138 1 Falls Indices PeUttag Tin 1500 Malayan Tin 4150 Kucbai 570 N Iron 630 C Sugars 930 Magnum 1000 MUInd 130 Rahman Hyd 1300 -90 -50 -30 -30 -30 -30 -30 -30 B.T.Index: Industrials: Finance: Hotels: Properties: Tlni: {rubbers: Jul 23 Jul 34 *****.*****31.13 681.66 678.89 975.15 968.09 380.00
    138 words
  • Article
    Move to extend CPF, tax nets
    720 1  -  BUILDING INDUSTRY UNDER FIRE By RONNIE LIM and FONG MEW LENG THE construction industry is about to be rocked by a Government decision to tighten up on Central Provident Fund and income tax payments for foreign workers employed by the industry. Sources said that
    720 words
  • Article
    Exports up by nearly 50pc
    209 1 SINGAPORE exporters have been doing well, judging from the growth exports during the first naif of this year over the year-ago period. Export* rose 48.7 per cent over the year-ago period against a growth of only 26.7 per cent in the first half of last
    209 words
  • Article
    Bankers unhappy over remark
    452 1  -  By BIBIANA CHOO SINGAPORE fund managers are gisatfy unhappy with Finance Minister Hon Bui Sen's remark that local bankers have not acquired sufficient expertise in managing international funds, and that It wifi be several years before they are ready to do so. Mr Hon's statement was
    452 words
  • Article
    PSA to spend $76.4 m
    334 1 THE PORT of Singapore Authority (PSA) will spend 176.4 million to equip the Container Terminal to handle 1.76 million containers of 20-foot equivalent units (TEUs) by the mid '80a. The container handling equipment will serve three new container berths being built by the PSA and
    334 words
  • Article
    Developers uncertain about amendment on progress payments
    129 1 UVIkiL real estate sgg*.ar£ M* «f tie reeeatiy icheiile 4 WW" Wals f*r TBII rfpMpniha pi ipil Ij ef f i >>II prW to te pMto«win sf «Ms Is S.TO2S'"Slsee Ike a steaded 111; 11, Ikn ktve beea tltogett— that seme *wd«f i
    129 words
  • Article
    Night deals in gold now being reviewed
    481 1  -  By RUTH CHENG THE QOLD Exchange of Singapore (GES) is reviewing some of iti operations, including the question of whether to continue night trading. Hie market development sub-committee of the GES, which is concerned with developing the Singapore gold market, is studying the
    481 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      300 2 SEMINARS AND COURSES July 28-29: Finance for NonFinancial Managers, Shangri-La, Price Waterhouse July 30-Aug 1: Strategic Management, Shangri-La, SIM in conjunction with University of California Extension, Berkeley July 31: Software Designs and Software Blueprints, Suite 5264 Woh Hup Complex, Mechanical and Combustion Engineering July 31-Aug 1: Credit Management
      300 words
    • Article
      STS wins $600,000 telecoms job
      793 2  -  OIL RIG BLOW-OUT By RICHARD SEAH A LOCAL company has been commissioned to install a telecommunications network to coordinate an attempt to stop an oil-rig blow-out in the South China Sea. The blow-out, which started two months ago, is described as sizeable, although it is
      793 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      146 2 THE deputy general manager of Burson-Marsteller Singapore, Mr David Yoang, has been promoted to acting general manager. This move frees Mr Peter Bostock to add Australia to his responsibilities as chairman and chief executive officer of the company's Asian operations. Mr Bostock is now also the chairman
      146 words
    • Article
      Expert to help set up diamond exchange
      214 2 A FOREIGN expert in diamond exchange procedures will be engaged to help set up Singapore's diamond exchange. Announcing this, Mr Own Kok Kwan, president of the Diamond Importers Association of Singapore, said it is proposed that the exchange operate on a moderate scale.
      214 words
    • Article
      WORKSHOP ON THE PRINTING INDUSTRY
      205 2 THE National Productivity Board will organise a twoday workshop highlighting the problems and prospects of the printing industry, next month. The workshop (Aug 26-27, Apollo Hotel), will also discuss ways of increasing productivity in the industry including skill training for workers. Excess capacity, a saturated
      205 words
    • Article
      Consortium acquires Motorola factory
      341 2 A CONSORTIUM with Singapore interest has reversed the trend of American companies investing in the Far East by acquiring a major manufacturing facility from Motorola Semiconductor in Taiwan for US$2.3 million. The consortium, Megahertz Displays Ltd, is jointly owned by SSI Far East Ltd the Private
      341 words
    • Article
      Productivity, development strategies for the 80s
      284 2 THE ASIAN Productivity Organisation and the Hongkong Productivity Centre is organising a four-day Asian productivity congress in Hongkong. The main theme of the congress, which will start on Oct 27, is "New Dimensions of Productivity and Development Strategies for the 1980b". Some 400 professionals
      284 words
    • Article
      What SIM has in store for you in August
      269 2 THE SINGAPORE Institute of Management (SIM) will conduct several courses next month, the first of which is on Effective Appraisal and Disciplinary Interviews. This two-day course, to be led by Mr John Brian, will be held at the SIM conference room
      269 words
    • Article
      ANOTHER SWISS FAIR
      131 2 THE SUCCESS of the first Swiss trade (air in Singapore in January 1978 has spurred organisers to hold another early nest year. More than 100 Swiss companies representing all sectors of the Swiss export industry will display their products and services at Swiss Asean Ul. Exhibitors will
      131 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      100 2 &`,**<?":"/$="="?!)"~-=_"|<[\&- Pigalle and good friends. They're worth sharing There are some days that linger in your memory all your life. Lazy days when the joie de vivre consists of many things. The sun. The wine. And above all, good friends. These are the days for Pigalle. The light, the lazy
      100 words
    • Advertisement
      Page 2 Advertisements Column 2
      68 2 b m bkiiih I nil r a You want to get ahead. Read p4Ji A monthly magazine with the focus on achievers and achievements. Your monthly manual for career building. This month, follow the inside story on the Hunts and the Hunters. July issue now on sale at all newsstands.
      68 words
Page thumbnail Page 3
  • REGIONAL
    • Article
      Lock icon Suzuki plans to visit Asean in November
      162 3 Reuter JAPANESE Prime Minister Zenko Suzuki has tentatively planned to visit Asean countries in November or December. Tokyo government sources said Foreign Minister Masayoshi I to is expected to pave the way (or Mr Suzuki's trip by visiting at least three Asean countries,
      Reuter  -  162 words
    • Article
      Lock icon Australian CPI increases 10.7 pc
      154 3 Reuter THE CONSUMER price index (CPI) of Australia rose 10.7 per cent in the year to end-June from 10.5 per cent in the year to endMarch and compared with the previous year's 8.8 per cent. The Australian Statistics Bureau said the CPI rose 2.8 per
      Reuter  -  154 words
    • Article
      Lock icon Indian policies on free enterprise to be relaxed
      514 3 NYT THE GOVERNMENT of Prime Minister Mrs Indira Gandhi has announced a major role for free enterprise in the Indian economy and a "restructuring" of money-losing state-owned industries to bring in efficient management. In a long-awaited policy statement that represented a significant
      NYT  -  514 words
    • Article
      Tougher for Asean to keep recession at bay
      498 3 MALAYSIA and the other Asean countries will find it an uphill task to shield their economies from the adverse effects of recession in the US and the other developed countries. This view was expressed by Peter Sura, senior vice-president of Manufacturers Hanover
      498 words
    • Article
      Pratt and Whitney engines on MAS jets
      195 3 PRATT and Whitney jet engines, which powers Malaysian Airline System's (MAS) fleet of Boeing 7375, are not due for inspection because they have not been in service for the required period. However, the airline will carry out the inspection as requested by the
      195 words
    • THE REGION IN BRIEF
      • Article
        Lock icon LONDON-HK AIR ROUTE
        391 3 Agencies BRITISH Caledonian Airways has objected to Laker Airways' application to fly the London-Hongkong route, charging that no basis in law exists for allowing a third new air carrier on the route. The London-Hongkong air route is the exclusive preserve of British Airways, Cathay-Pacific, and British Caledonian.
        Agencies  -  391 words
    • Article
      Lock icon ZIA HEADS FOR HOME AFTER VISIT TO CHINA
      115 3 Reuter PRESIDENT Zia Rahman of Bangladesh yesterday left for home after a four-day official visit to China, during which the two countries signed economic and civil aviation agreements. The President, who had nearly seven hours of tali™ with Chairman Hua Guofeng, was
      Reuter  -  115 words
    • Article
      Lock icon Lanka orders closure of union offices
      122 3 UPI THE BRI Uaki geverameat kM iffcwi tke el—re el mOtstm at trade ulw lavtived la tUa week'» abertlve strike attempt. TUs awe Whwrt a Cablaet aeettag aa Wedaeaday ta vHcfe the fldaMm reviewed devetopmeata retattag to the tailed attempt to brlag the aattoa
      UPI  -  122 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      46 3 3-GQLD LIGHTER WxU-WkleUfe Long Guarantee let must de Carrier Boutiques Gl9, Ground Floor, Far East Shopping Centre, Orchard Road, Singapore 0923. Tel: *****58. G36, Lucky Plaza, Orchard Road, Singapore 0923. Tel: *****27. Metro Grand Lucky Plaza, Orchard Road, Singapore 0923. Tel: *****33. I TR2 HOE MDA
      46 words
    • Advertisement
      Page 3 Advertisements Column 2
      316 3 Pierrot's Back inTbwn Belgium's most celebrated cmsimer Yet again, Belgian master chef extraordinaire, Pierrot Van Hastwermeiren, will be back at the Harbour Grill. For a short season only. To conjure up delights for connoisseurs offine food. In the tradition of the best of Nouvelle Cuisine. Pierrot and his team will
      316 words
Page thumbnail Page 4
  • RAW MATERIALS
    • Article
      Aluminium stocks on unusual uptrend
      321 4 ANALYSTS in New York say aluminium stocks are riding along with the general stock market advance, even though the industry faces major problems in the second half of 1960. Cars and construction, two big markets for aluminum, are being squeezed by the effects of recession
      321 words
    • Article
      SOYBEAN
      216 4 THE Chicago Board of Trade soybean futures finished US2O V* to 23 cents a bushel higher in active, mostly local trade on Wednesday. Prices settled near the top of a 17 cent range. Local demand was motivated by general trader sentiment that there has been irreversible crop damage due
      216 words
    • Article
      WHEAT
      212 4 THE Chicago Board of Trade wheat futures ended USIB Vi to 15 cents a bushel higher on Wednesday. Prices settled near the top of a 15 V 4 cent range. Local shortcovering lifted Prices to the day's highs. This followed heavy exporter and commission house purchasing, believed to be
      212 words
    • Article
      RUBBER
      318 4 IN Singapore, the market closed slightly lower with August One RSS buyers quoted at 286.00 cents per kilo, down 0.50 cents from Wednesday's close, dealers said. Opening prices were marked down two cents on weaker overnight London advices but the market recovered marginally on reserve of sellers, attempted short-covering
      318 words
    • Article
      RAS PRICES
      301 4 R.A.S. prices In cents per kilo yesterdayNoon (per kilo) Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 285.00 286 QDN Int. 1 R.S.S. August 286 00 286 50 Int. 1 RS.S. September 286.75 Int. 2 RS.S. 279.50 280 SON UK/Coot 278JO 279.50N Int. 3 R.S.S. 276.50 277 50N UK/Coot
      301 words
    • Article
      SSR and SMR
      107 4 NOON SSR ud SMR pricaa yeeUiday RA8 A«o»t September SSR 20 (1-ton pallet (Carremt Mth) Bayer* Sellers (Forward Mth) Buyer* Sellers t) 261.00 263.00N 262.00 264.00N SSR SO H1ILB (1-ton pallet t) 258-00 Aafut 260.00N 259 00 Saptaabar 261.00N SMR CV (1-ton pallet t) 297.00 299.00N 297.00
      107 words
    • Article
      Straits Tin
      66 4 THE Straits tin price la ScSS ttonaJ Tin Agreement ceiling, dealers said. Ike firmer tread was attributed to eenttamed I S, Earepsan sod Iseal baying aad a tighter predsettea sf tfa metal, with mest misers balding far higher levels, they said. Tstal tarns ver fell to 152 toanes
      66 words
    • Article
      CLOSING PRICES
      39 4 Rubber: July 24 Singapore: Aug: 286.00 cents (down 0.50 cent) Malaysia: Aug: 291.00 cents (down 0.25 cent) Tin: M 82,156 (up $13) (equivalent to $35.65 per kilo) (up 22 centa) Official offering: 152 tonnea (down 62Vi tonnea)
      39 words
    • Article
      Increase in Brazil's soybean crush for March, June
      127 4 BRAZIL crushed 5,084,725 tonnes of soybeans in the March-June period this year compared with 4,394,649 tonnes in the same period last year, figures from the Sao Paulo Crushers Syndicate show. Industry oil stocks at the end of June stood at 313,578 tonnes,
      127 words
    • Article
      Produce exchange
      162 4 CHINEBE Pradaee Ex ehaage, toppm, ini per lMkg o®«snt »11: Bulk fob I*3-75 sellers, old drum (Id second hand drum) fob 053-75 sellers, new drum fob U59.75 setters. Csprs; Mixed (loose) 50 buyers. '•PPu: Muntok white PfpP«r fob Asta NLW >415.00 sellers, Sarawak «Me pepper faq fob NLW
      162 words
    • Article
      TEXTILES
      192 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) Cettsa yarn: China Blue Phoenix 20ft 2J00; 32b 2J85. 40s 2.820 (per bale of 400 lbs). Piece gseds: fhin» Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
      192 words
    • Article
      RICE
      336 4 SINGAPORE: Yesterday': closing prices in SJ per kilo ex-godown: THAI WHITE: 100 per cen first class (Kangaroo) nev crop 1.05, 100 per cent secon class 0.90, 100 per cent thin class 0.88, 25 per cent new crof no stock, B-10 per cent 0.80. THAI BROKEN: A-cupei 0.65, Special no
      336 words
    • Article
      LONDON MARKETS
      835 4 V COFFBS: Robusta futures D recovered slightly to close t- the morning up from the 0 newly established contract V lows but still showing losses from Wednesday of £35 to 1 £11 pa- tonne. November ended the morning £25 off at £1,3» after earlier setting a new 5
      835 words
    • Article
      Duty rates
      89 4 THE MALAYSIAN Minister at Finance has fixed these rates for the period tram July 24. until further notice: Batter: 292.00 cents a kilo; Capra: 865 00 a tonne; Pal» kansi: »966.75 a tonne; WMto flffii: »,844 50 a tonne; Back >ip| n: t2.G87.C7 a tonne. The rates of
      89 words
    • Article
      PALM OIL
      157 4 IN Kuala Lumpur, the market recovered on buying interest in expectation of a higher Chicago opening, dealers said. Sentiment was also aided by reports of further crop deterioration <Jue to the recent dry conditions in toe US. For July, the central region firmed Mss to $845 per tonne.
      157 words
  • ASIAN STOCKS
    • Article
      Lock icon Speculative issues take the limelight
      637 4 TOKYO Source: DBS-Delwa THE market was still afflicted by the strong wait-and-see malady yesterday. The accelerated depreciation of yen rate discouraged non-resident investors from placing buy orders, and furthermore, corporate investors were totally inactive. No fresh positive incentives were discovered, but at the same time,
      Source: DBS-Delwa  -  637 words
    • Article
      Lock icon Hongkong
      319 4 Source: SHK See IN the absence of any fresh factors and following London's lead on Wednesday night, profit-taking led to a weak morning's preformance. Good support developed in the afternoon and with New World, Tai Cheung and SHK Props receiving special attention, the market managed to rally. Prices closed
      Source: SHK See  -  319 words
    • Article
      Sydney
      401 4 A MARKED absence of buying interest partly due to reduced overseas interest saw generally easier prices in moderately busy trading yesterday, dealers said. Hardest hit was the oil and mining sector, with Santos (ailing A2O cents to $12.80. Central Pacific $2 to $61.00 and Southern Pacific down |1 to
      401 words
    • Article
      Bangkok
      261 4 MOST stock prices held steady on lower turnover yesterday, dealers said. Bangkok Bank rose two baht to 296, Capital Trust gained 1.50 to 30.», while Jalaprathan Cement, Mah Boonkrong Drying and Rjlo and First Trust closed unchanged at 114,191 and 72.50 baht respectively. JULY 24 Bahts Asia credit 134
      261 words
    • Article
      Manila
      148 4 STOCK prices closed generally mixed on reduced turnover yesterday, dealers said. Lepanto B, Philex B, Basic Petroleum, BF Goodrich, Marsteel and Vulcan while Atlas Con B, First Phil Hldgs and PLDT eased. Acoje Mining, Baguio Gold, Marinduque B, Anglo Phil, Oriental B, Podco B, Pogei, Pioneer, Seafront, CDCP and
      148 words
    • Article
      Mim's one lor four bonus share issue
      53 4 MIM Holdings Ltd announced a one (or (our bonus share issue. The boras wfll involve the issue of 89,341,906 ordinary cent shares and increase the firm's total issued capital to 446,709,523 ordinary shares. The new shares will rank equally with existing shares books
      53 words
    • Article
      Selected indices
      51 4 FINANCIAL TIMES INDUSTRIALS Wednesday 486.0 Tuesday 486.7 Week Ago 503.1 DOW JONES AVERAGE INDUSTRIALS Wednesday 828.58 Tuesday M7J0 Week Ago 904.44 H.K.HANG SENG Thursday *****7 Wednesday 112&07 Week Ago 1077.74 SYDNEY INDUSTRIALS Thursday 006.25 Wednesday 6B3J8 Week Ago 095.25 ALL ORDINARIES Thursday 017.41 Wednesday 911.06 Week Ago 915
      51 words
  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      61 4 Jane 1900 800 MAGA Z I N E i v T: ft u V \STAR TREK MOTION PI SPfR THE CELEBRITY BIKERS! o GO SPORTS ROARS DOWN THE TRACKS OF GO-KARTING! O e o c \d •1 S yes c< a^' ?U 0 \o e It S°'^ w coPN 2^
      61 words
Page thumbnail Page 5
  • OVERSEAS
    • Article
      DAILY AIRCRAFT MOVEMENTS
      676 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL TMA TL341 0715 BEY/DXB SIA SQ528 0750 DHA SIA SQ101 0815 KUL MAS MH621 0635 PEN RBA BI427 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ211 1000 HLP MAS MH606 1000 KUL CPA CX710 1005 HLP
      676 words
    • Article
      Lock icon Higher US food prices expected
      663 5 NYT THE BAD news of a one per cent-rise in US consumer prices last month comes as economists are predicting that food prices could increase by more than expected as a result of the summer drought. Mr Michael Evans, president of Evans Economics, a Washington
      NYT  -  663 words
    • Article
      Lock icon Iran may free US hostages
      118 5 Reuter AN ARABIC newspaper has said the Iranian government plans to free the American hostages next month at the festival of Id-Al-Fitr which marks the end of Ramadan, the Muslim month of fasting. Asb Sharq A 1 Awsat, which is published in London and Jeddah,
      Reuter  -  118 words
    • Article
      Lock icon Fed steps up checks on commodity credit
      385 5 Reuter THE US Federal Reserve Board is increasing its surveillance of bank credit used for speculation in the commodity markets, board Chairman Paul Volcker said. Mr Volcker was responding to a letter from House Banking Committee chairman Henry Reuss questioning the use of
      Reuter  -  385 words
    • Article
      Lock icon Growth of 2.5 pc still possible
      124 5 Reuter THE West German economy should still meet the government's 1980 real growth target of 2.5 per cent set in January despite signs of a slowdown, Economic Ministry State Secretary Otto Schlecht told a Cabinet meeting. A ministry press statement said Mr Schlecht rejected
      Reuter  -  124 words
    • Article
      Lock icon Policy is right says Thatcher
      275 5 Reuter BRITISH Prime Minister Margaret Thatcher, under fierce attack from opposition politicians and trade union leaders over unemployment, has admitted she expected the jobless total to rise higher next month. Former prime minister and Labour Party leader James Callaghan on Tuesday said he would force
      Reuter  -  275 words
    • WORLD IN BRIEF
      • Article
        SCHOOLS CLOSED
        478 5 THE MOSCOW-backed Afghan regime has closed Afghanistan schools amid reports of escalating violence against education officials. Afghan rebels in Pakistan said their forces killed more than 300 Soviet troops in heated clashes near Kabul and Kandahar. BRITISH Ball made a lam at £24 mllltoa la the first half
        478 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      149 5 Leader...page ■7TT Freewith every purchase f 'C. Mi X 9 mz X *?< *S? ><% Lucky Plaza is one of the most exciting shopping centres in the region. It's also one of the most comfortable, for shoppers and traders alike. For shoppers, coming in off the hot thoroughfares of Orchard
      149 words
Page thumbnail Page 6
  • Article
    Signal of need to modernise
    492 6 THE GOVERNMENT'S move to rope into the Central Provident Fund corral those 60,000 odd foreign workers in the construction industry cannot come as a major shock to contractors. The warning signals have been transmitted with increasing frequency ever since the authorities embarked upon the economic
    492 words
  • Article
    Balanced budget is the lesser evil
    211 6 INFLATION in the US shows no sign of abating with latest figures for the consumer price index still moving up despite all predictions to the contrary. Economists have theorised that the worst of the inflation problem should be over by now and that recession
    211 words
  • Article, Illustration
    Lock icon Beating about George Bush
    1876 6  -  By JUREK MARTIN FT FOR GEORGE Herbert Walker Bush, there was one brief, heady moment six months ago when he could have been excused for thinking that he would never have to settle for being second choice for anything again. He had just beaten Ronald Reagan
    FT  -  1,876 words
  • Article
    Lock icon REAGAN REVIEWED
    715 6  -  By VICTORIA GRAHAM AP REPUBLICAN US Presidential contender Ronald Reagan is viewed as a "reckless hawk" in the eyes of the American public, and America's allies fear he will deepen rifts between the United States and Western Europe, China's leading newspaper said last week. The communist party newspaper
    AP  -  715 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      213 6 For business leisure SPOREX-ASIA and BOAT-ASIA Two Great Leisure Trade Events 6-10 AUGUST 1980 WORLD TRADE CENTRE, SINGAPORE SOOfCXIS.E. Asia 3rd International Exhibition of Sports e < eS '§'1. Equipment ~o v ^x l J Leisure Goods e With enlarged international participation, leading manufacturers and dealers will bring together to
      213 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      44 6 BliStoW: Fiank Dic&ens I f o>£T OH u»»TH IT- You IjNCOMPeifeMT BUNGUtfG Fool.' Xts. f*« FvjOGfc lAt FuD&t i RiGMT»vJ*Vf Hou> moßc or Tvms CPiM I TpsKE,? -SLAM/r" At. TvWS Tuc FiFYH T,mc ToDfV He's stripped PitoßV evefiY OF my Fttoe .ccUu^. ,i w-
      44 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      1361 6 Orchestral woes MUBIC levers, la particular, will be lnhig forward to SBC's deeameatary m the Slsgspere Symphony Orekeatn. The SBC, bewever, seems to have evertoeked the fact that the 880 is perfermlag toalght at the daas is well haewa i the sabjeet «f maeh stoa la masle circles. programme la
      1,361 words
Page thumbnail Page 7
  • Article, Illustration
    Tale of 2 Iranian petrochem sites
    1188 7  -  By ALEXANDER NICOLL ON THE SITE of Iran's biggest industrial project at Bandar Khomeini, brand new machinery lies in packing cases, untouched since it arrived from Japan before the revolution in February 1979. The Iran-Japan petrochemical complex, begun in 1976 as a joint venture
    1,188 words
  • Article
    STRAWS IN THE WIND
    243 7 MOST people associate Switzerland and West Germany with efficiency, ind Singapore with cleanliness. But a friend who has just returned from Switzerland said she would unhesitantly vote the European nation over the island Republic for cleanliness. People here, she maintained, are generally compelled to keep the
    243 words
  • Article
    Callousness fast becoming a matter of life and death
    786 7  -  FORUM With B J WU FIRST we witnessed 'pingpong' diplomacy, now we have 'funeral' diplomacy, as evidenced first by Tito's funeral, then Ohira's. By all means, one should make use of every opportunity to further international diplomacy, but shouldn't a line
    786 words
  • Article
    Lock icon FORECAST THAT SHOULD TURN A FEW FACES RED
    937 7  -  By MARK WOOD Reuter THIS YEAR, the world should be limbering up for the Olympic Games in Shanghai, the US president should be locked in a deadly power struggle with communist Congressmen and the Red flag should be fluttering over Bonn, according
    Reuter  -  937 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      299 7 Rent 3 Granada Ghias fromWeames and get the 4th one free* w r **r- vsgk it. w -£m. If it's been some time since your company looked at the financial advantages of term rental cars for your executive staff, consider, these figures: AFTER TAX COST PER MONTH FOR A GRANADA
      299 words
Page thumbnail Page 8
  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Zurich
        190 8 JULY 23 Francs Actions Suisses 282 1 Alusutsse Br 1195 15 Alusuisse Reg 447 2 Brown Boveri Br 1735 20 Ciba Geigy Br 1125 15 Clba Geigy P C 890 unch Clba Geigy Reg 612 2 Credit Suisse Br 2330 25 Credit Suisse Reg 403 2 Elektrowatl Br 2510
        190 words
      • Article
        Frankfurt
        162 8 JULY 23 Dm Aeg-Telefunken 88 50 436 00 -£5 BASF Bay H T Wbank 262 00B Bayer BBC 316 00B BMW unch Chem Verw 263 00 -2.5 Commfrzbtnk ***** -1 Conti Gum mi 66.00B Daimler-Benz 264 00 1 Deutsche Bank Dresdner Bank 204 70 -07 5500 Dyckerhoff ST A
        162 words
      • Article
        Paris
        282 8 JULY 23 Frs CORBEILLE Air-l.iquide 438 22 B S N Gervais Danone 1002 ♦9 C S F < Thomson Csf| 449 Cte Francai.se des Petroles 235 unci) Compagnie Kinanciere Compagnie General* 373-20 Credit Fonder Ue France 425 -25 Hachette (Librairie) 241 5 Machines Bull 56 80 08 Michelin (B)
        282 words
      • Article
        Amsterdam
        210 8 JULY 23 FU ABN Ahold 6850 -0.2 Akzo 23 80 unch A Iffbank ***** unch AMKV 87 70 1 Am fas ***** 1.8 Amrobnk 68 10 unch IV r (joss 35 00 1.5 Berk 9500 unch Bols 6050 1.2 Borsumij 210 00 +1 Burhmann 67 80 unch Byenkorf 58
        210 words
      • Article
        Brussels
        84 8 JULY 23 Frs FORWARD MARKET Acec 316 -14 Arbrd 1705 -45 A.Uur 440 -4 Braacan tta Bru-Lamb 1444 14 Canpar 1024 -4 Cock >44 -a I> Beers 291 4 FhM 1880 -5 Flrrtrobrl 6250 -40 Gb-Inno-Bm 2375 -45 Gev 1250 Hobok 2600 -10 Petro 4990 -10 Ryl Dutch 2540
        84 words
      • Article
        Milan
        108 8 JULY 23 Lire Anw 680 -02 Assoc Gen 672T0 1281 Ba.slof i 521 -4 Crnirak ***** 320 Fiat 1463 69 F insider 6375 -05 Gen Immob 1500 -55 IFI Pri 2690 15 ItAlcementi ***** 299 I taigas 820 -5 Italsider 327 -2 Magneti M Pf 430 -20 Marrlli Ere
        108 words
      • Article
        TORONTO
        200 8 JULY a C$ Abiubi 20 A lean 36 i Algoma 3T. 'i Bank Mont 29 4. Bank Nova Srolia 32 Bell Tel It'. Beth Corp BP Can Lid 46 Brasran 29 'l Camp Red Lake 66 Can Imp Bk 26 1 Canpar J If* 2 Canpa< lnv PI unch
        200 words
      • Article
        JOHANNESBURG
        323 8 JULY 23 Rand INDUSTRIALS A Alpha 400 unch Abercom 375 AE And CI 850 50 AMR 2475 75 Barlows lltt 15 Cg Sugar 1180 CNA 530 4 |0 Currie Finance 230 unch Ue Beers Ind 2850B Edcon 590 ■f ]o Edgars 6650B Eveready Ked Volk Z 460 -5 Eugit
        323 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      144 8 Where to wine, dine and entertain Local and Western self-service lunches Open daily 10.30 a.m. t03.00p.m. Snacks served 3.00 p.m. t05.00p.m. DOLPHIN CAFETERIA Apollo Enterprises Ltd 119,15t floor. World Trade Centre"/ Experience ,he fun and gaiety 'V%* v a Viennese Summer at Holiday Inn Hotel Singapore Enjoy joyous, lilting Austrian
      144 words
    • Advertisement
      Page 8 Advertisements Column 2
      147 8 c -J 'lib m. For drinking. For dancing. For delightful evenings. Music by Bacchus International of London. U t 're opt n SI X I'll IR 9 prn to Jam 5/5 10% service iltarge i% cess IstJnnk IRI ,S/\ T9fw to j uni SIS 10% strvice +j% u yv Ut
      147 words
    • Advertisement
      Page 8 Advertisements Column 3
      53 8 )`=)`:`.%]+')/'_;]]](*&_$*<*]+: The Great Family Do-lt-Vtxjrsetf Barbecue Hotel Royal Nmrton Road. Singapore 1130. Republic a* Singapore. Telephonr2s344l 1, Tetex: RS-***** Cables: MOTELROYAL Celebrate your engagement, wedding, birthday or any other special occasion with speciality cakes by renowned pastry cooks of Hotel Royal. Let us make your happy moments remembered. Gontoct: F
      53 words
    • Advertisement
      Page 8 Advertisements Column 4
      195 8 Salay, Sunday, Monday...every day People reckon we have the best Satay this side of the cluh Another specialty is the selection of typically Cantonese favourites And of course. Our very own Flavours of Singapore The comfort and serenity of Hin s And Hilton style Hin's Top of the Hilton. Lunch
      195 words
    • Advertisement
      Page 8 Advertisements Column 5
      271 8 The Cantonese Chain. Great food. In great style. Our Oriental Restaurant chain offers you traditional tim-sum sweet and savoury tit-bits... and really fresh sea-food. For a scrumptious meal with impeccable service and friendly atmosphere bring your family and friends to an Oriental Restaurant. Four convenient locations. jr/t t I ORIENTAL
      271 words
Page thumbnail Page 9
  • BANKING AND FINANCE
    • Article
      Singapore market
      465 9 THE U.S. dollar remained steady against the other major currencies in the for-1 eign exchange market yesterday. The dollar opened at 233.35/46 against the Japanese yen. Dealers said there were no new factors affecting the market, except the speculation of a reduction in the Japanese discount rate. The
      465 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 11.2 per cent.
      22 words
    • Article
      GOLD
      285 9 GOLD futures in Singapore was firmer in the afternoon on some local buying interest but prices still closed lower on balance compared with overnight levels, dealers said. Trading was light and total sales for the day was reported at 126 lots. August closed easier at U*****.50/636.00 an ounce against
      285 words
    • Article
      ASIAN $
      174 9 ASIAN ASIAN currency deposit Interbank rates as at close on July 24: 7 days 1 month 2 months 3 months 6 months 0 months 12 months US Dollar*(Spot) Offer Bid 8V« 8H 9 8% 9* 9 93/16 91/16 97/16 95/16 9H 9* 9V« 9H Swin. Das. IU1JJI. 1 month 2
      174 words
    • Article
      Discount
      44 9 RANGE of prices offered by discount houses on July 34: Overnight: -615/16% Call deposits: 6V« Cloiiif Bayiaf S«UiBg 3-month Treasury bills 6% 8V« 3 month Bank bills 99/16 97/1« 3 months CD 8V< 8H 6 months CD 8V« 8H Source: National Discount Co
      44 words
    • Article
      LONDON
      233 9 THE U.S. dollar opened steady in quiet trading, with operators waiting to see whether the Bundesbank will announce any major credit policy changes at its Central Council meeting scheduled yesterday. Eurodollar interest rates were up to Vfc easier, after gaining slightly in early New York trading on news that
      233 words
    • Article
      Tokyo
      66 9 THE U.S. dollar for overnight delivery closed at 223.70 yen, down from a 224.30 opening, but up from 223.15 at Wednesday's close, dealers said. Trading was active and heavy with volume $1.04 billion. The dollar fluctuated between 223.40 and 223.80 yen in (airly active late trading after initial firmness.
      66 words
    • Article
      Hongkong
      150 9 THE U.S. dollar recovered against the yen in late fairly active trading, but held steady against most other major currencies, dealers They noted that the dollar rose on light commercial demand to a late 223.65/75 after falling on profit t»iHng to 223.05/15 yen, the day's low, from New York's
      150 words
  • Article
    Lock icon New York dull but oils shine
    1115 9 Reu ter OILS were a standout in a mostly dull market on Wednesday as traders continued to take profits on recent gains amid confusion about recent Federal Reserve actions. Credit market analysts said they now believe the Fed may be letting interest rates ease
    Reu ter  -  1,115 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      370 9 Wfe have a history of making money grow Jki Lombard North Central is part of V\ 1 one of the world's largest banking gBPIK groups and we have a history 5 f j a covers more than 100 years. 9 jra in We offer a range of deposit -p!WH f[|
      370 words
    • Advertisement
      Page 9 Advertisements Column 2
      274 9 isuzu: We're tongh on our trucks m "v *V 4 ISUZU KBD 25 Pickup (1.25 Tonner) i when you know howdKyYebuilt You'll know you can be tough too RELIABILITY ECONOMY RUGGEDNESS POWER EFFICIENCY VERSATILITY DURABILITY ar pt 1 > njm isuzu I KAD 51 Flatlow Van (1.5 Tonner isr "-SISUZU
      274 words
Page thumbnail Page 10
  • Article
    BUSINESS DONE ON THE SES & THE KLSE
    1281 10 BUSINESS DONE ON THE SES THE KLSE BID and Oder price* «rffiHany lifted and hi ■tin i in and reported to the Stock of Sagapore yesterday with the number of ahares traded «howa in brackets ia lots of 1,000 units, unless otherwise specified. BBCTION ONB INDUBTBIAL COMMERCIAL Aaau (3MB 1308)
    1,281 words
  • Article
    Unit trusts
    133 10 (Mi mm' petoea hrMI) The Commerce IB Ul The Savii*» Fnad LB 1JI Spore Pn« Fund LM LA S pore Sac. Fund 217 131 S pore tm rw LTT LBri S'pore Equity Fund. LB 1J7 UBk2^5STnil3 J LB?" L?4H "Qgg mwp pint tnrw Boad '"'"ui m tfUDNRmR (UMpn*
    133 words
  • Article
    SHARE INFORMATION SERVICE
    2817 10 1900 High Low Coayuj Last Sale OTGr's Div Div Cvt Gr's Y*ld Net P/E Vol Day (*000) High Lo W 8ECTION ONE INDUSTRIAL ft COMMERCIAL 370 223 140 170 334 n 362 4M 312 414 246 Acma 220 A] com 110 Allied Choc 140 BAT 270 Bata
    2,817 words
  • Article
    In Kuala Lumpur
    1830 10 I BID and otter price* nffw«Hy bustoeM in and reI parted to the Kuala i-umpn-I Stock Exchange yesterday with the number of shares I traded shown in brackets in j iots of 1,000 units, unless other- wise specified. _J INDUmUU (1MB348B) AIM (2JOS) (0) 130 4 On
    1,830 words
  • COMPANY MEETINGS
  • Article, Illustration
    Moderate losses at exchange
    590 10 1 to i iay, at Ike km«t stock jfi^ESri£2 Bkan ■hug ml tower ea Ight proOt-tatfag aa sappert weaiseaed. Except far a «uS^iMhnrtSnL^ "Slb sasljstß who had l»fcM a trrkdrsl pilllack earikr la Ike week, (ett tkat Ike retreat vm tke IMriAienkn. Cmlterln that tke "erlketa"
    590 words
  • Article
    Profit-taking lowers prices
    570 10 PRICES succumbed to profit-taking to close broadly lower at the Kuala Lumpur stock market yesterday. Sellers made their presence felt after a steady start. The selling was most pronounced in the midmorning session. Support in the afternoon helped lift prices off their day's lowest levels. The New
    570 words
Page thumbnail Page 11
  • COMPANY NEWS
    • Article
      Good show at Inchcape
      1641 11  -  RATIONALISATION TAKES EFFECT By P. GUNASEGARAM THE description "ailing giant" no more at least in the immediate prospect applies to the motor vehicle based conglomerate, Inchcape Bhd. The effects of a rationalisation programme, introduced since the present chairman Mr D. R. Davies took over in 1977
      1,641 words
    • LATEST RESULTS
      • Article
        MALAYSIA Building Society
        72 11 has announced interim pretax profits of M 512.91 million (M 58.66 million previously) for the six months to June 30,1980. Mortgage loans receivable also increased from $405.24 million previously to $617.14 million. The directors have declared an interim dividend of 6 per cent less tax (nil last
        72 words
      • Article
        AUDITED pre-tax profits for Lower Perak Tin
        122 11 de- clined sharply from $1.54 million previously to MJ757,000 for the year ended Apr 30,1980. Output of tin concentrates decreased to 3,614 piculs (equivalent to 219 tonnes) from the previous year's total of 4,531 piculs (274 tonnes). The average net realisation per picul
        122 words
      • Article
        AUDITED pre-tax profits of Sungei Besi Mines
        134 11 amounted to M 523.47 million fen* the year ended Mar 31, 1980, compared with the previous earnings of $23.54 million. The company's output of tin concentrates lowered to 33,194 piculs (equivalent to 2,008 tonnes) from 38,150 piculs (2,308 tonnes) the previous year. But
        134 words
      • Article
        BERJUNTAI Tin Dredging
        97 11 has announced audited pretax profits of $45.84 million ($42.87 million) for the full year to Apr 30,1980. Total output of tin concentrates amounted to 65,500 picul (68,111 piculs), equivalent to 3,961 tonnes (4,119 tonnes). Average net realisation per picul of tin concentrate improved from $996 to $1,137.
        97 words
    • Article
      COMPANY BRIEFS
      313 11 BANDAR Ray* has replied to the Kuala Lumpur Stock Exchange's (KLSE) query on its acquisition of 10 million ordinary shares of $1 each in Kuala Lumpur Land. Bandar Raya said it purchased 9.9 million shares from Mr Yap Yong Seong and 100,000 shares from Mr Wong Keong Tuck.
      313 words
    • Article
      New wing at Kings lifts earnings
      277 11 EARNINGS at King's Hotel are firming up, thanks to the contributions from its new wing. The hotel yesterday reported an ebullient set of results which show net earnings for the first half year ended Jun 30, Jumping by 50 per cent from $329,752 to
      277 words
    • Article
      Surprise for Alexandra
      219 11 A BETTER performance by investment company Alexandra Holdings in the second half of its financial year managed to offset its disappointing interim results. Preliminary results for the year ended March 31, 1900, show that Alexandra Holdings enjoyed a 16 per cent increase in group pretax profits to
      219 words
    • Article
      Attraction of F & N in assets
      575 11 Attraction of F N in assets ANY advance in Fraaer and Neave's earnings in the current year to Mar 31, 1900, can only come from increased profits from associates and from growth in investment income, according to British stock broking firm Laurence, Prust and Company. The firm has projected a
      575 words
    • Article
      MTI merger off
      249 11 FOR the second time running, a proposal to link-up Syarikat Malaysia Textile Industries (MTI) and Public Textile has been called off. In a brief statement yesterday, MTI told the Kuala Lumpur Stock Exchange that its proposed purchase of the five million shares in Pubic Textiles (representing 57.5
      249 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      117 11 A SPECTACULAR CANADIAN LAND OPPORTUNITY. ■> i. Several blocks of land on choice Vancouver Island on the west coast of Canada are now for sale This land is adiacent to one of the island's fastest developing areas and is one of the last tracts of timbered land available on a
      117 words
    • Advertisement
      Page 11 Advertisements Column 2
      645 11 Salient points from the Statement by Sir Jack Wellings, C.B.E. We were not able to recover the profits, estimated at over £2% million, lost by the 10 weeks' engineering strike commencing in August and by the 12 weeks' steelworkers' strike in the last quarter of our financial year. Some of
      645 words
Page thumbnail Page 12
  • Article
    Lock icon Oil rig shortage in Indonesia
    406 12 AFP MANY foreign oil companies in Indonesia are facing a shortage of rigs for both on and off-shore explorations because of the boom in the industry. Oil exploration in Indonesia is picking up after a brief lull following financial troubles at the state-owned oil company
    AFP  -  406 words
  • Article
    Lock icon Direct trade for factories
    57 12 AFP FACTORIES on the outskirts of Shanghai, the biggest industrial city in China, can now establish direct trade with overseas companies. Nine factories run by counties or people's communes in the city's outskirts are currently doing compensation trade with American, Japanese and Hongkong companies, undertaking processing
    AFP  -  57 words
  • Article
    Lock icon What slump may lead to
    292 12 UPI THE CURRENT world economic slump is the beginning of a new society in which information will be the major commodity, an associate director of the Stanford Research Institute said. The largest section of workers will manipulate information rather than physical materials and things, Mr
    UPI  -  292 words
  • Article
    Malaysian fares not affected
    184 12 DOMESTIC air fares in Malaysia will not be affected by the higher tariffs for all routes between Malaysia and Singapore which come into force on Aug 1. Existing rates for domestic routes would remain the same at least for the time being, said Malaysian secterary-gener-al of
    184 words
  • Article
    Lock icon Japan plans to increase crude oil stockpile
    164 12 Reuter THE Japanese government plans to increase its crude oil stockpile as part of a new comprehensive national security programme. The Ministry of International Trade and Industry (Miti) said the government wants to increase its stockpile, held in 20 idle tankers on the
    Reuter  -  164 words
  • Article
    Traders to draw up project list
    123 12 ASEAN and Japanese businessmen will soon draw up a list of industrial projects for joint undertaking. This was agreed upon by businessmen from the two sides at the first executive committee meeting of the Asean-Japan Economic Council in Tokyo last week. Both sides also
    123 words
  • Article
    Lock icon Drought
    39 12 AP THE Beijing area of north China is suffering from its worst drought in 100 years and more than 10,800 hectares of crops have been seriously damaged by lack of rain, the Beijing Weather Bureau reported yesterday. AP
    AP  -  39 words
  • Article
    LONDON STOCKS
    795 12 LONDON, Than. Share prices closed quietly mixed with an easier bias, dealers said. At 9pm, the FT index was down 0.5 points at «5.5. Prices turned mixed after news that the UK minimum lending rate is to remain unchanged. I/utting equities were mainly a penny or two either
    795 words
  • Article
    Lock icon Thais strengthen border defence
    443 12 AFP Reuter THAILAND has strengthened its defence along the seated border with Laos and Is ready for any possible attack, the supreme military command sard yesterday. A spokesman said Thailand has moved tanks, artillery and anti-aircraft guns to the Mekong River frontier, shut in stages since
    AFP; Reuter  -  443 words
  • Article
    Lock icon Jerusalem bill passed by Israeli Parliament
    305 12 UPI THE ISRAELI Parliament defied international criticism on Wednesday and overwhelmingly approved a bill declaring sovereignty over a united Jerusalem as Israel's capital on a 65-12 vote. Prime Minister Menachem Begin, who interrupted his home convalescence from a mild heart attack, arrived at the
    UPI  -  305 words
  • Article
    Lock icon Singapore and Malaysia sign revised air services pact
    375 12 AFP SINGAPORE and Malaysia yesterday signed a revised air services agreement to replace the one signed in 1972. The agreement was signed by Singapore's Communications Minister Ong Teng Cboog and Malaysian Transport Minister Datuk Lee San Choon. The new agreement, among other
    AFP  -  375 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      291 12 THE NEXT M■ d iMI link BEYOND THE HEADLINES GAINS KEEP PILING UP IN DISCOVERY SECTORS Why have the U.S. Credit saueeze and recession failed to stop continuing advances which have carried specialized Capital Gains Research recommendations to as much as a dozen times initial cost? COMPUTER VISION, frequently recommended
      291 words
    • Advertisement
      Page 12 Advertisements Column 2
      212 12 ATRULY Dewitt's Group of Products good family medicine. FOR BACKACHE AND JOINT PAINS: DeWitt's Pills this is prepared specially to relieve lumbago, sciatica and backaches. FOR COUGHS: DeWitt's Cough Syrup with Guaiacol and Creoeote or DeWitt's Peppermint Remedy is specially formulated ior coughs due to colds, tonsillities and bronchitis. FOR
      212 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      67 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Thundery showers in several places from around mid morning onwards. Report for 24 fours prior It 7JI pjn. m July 24 at the airport. Maximum temperature 31.7 Associated humidity 72 Minimum temperature 25.9 Associated humidity 96 Hours of sunshine 2.30
      67 words
Page thumbnail Page 13
  • SHIPPING TIMES
    • PORTSIDES
      • Article
        APL's service to China
        139 13 AMERICAN President Lines has inaugurated a regular scheduled container service between China and ports of call in North America and Asia. Common carrier service will be provided by the China Merchant Steam Navigation Company between Chinese ports and Hongkong, the connecting point for APL's weekly container
        139 words
      • Article
        Lock icon New Chinese coal wharf
        84 13 Reuter A NEW coal wharf has been opened in the north China port of Qinghuangdao to speed up the transportation of coal to southern China. The New China News Agency said the wharf, opened on Tuesday five months ahead of schedule, could load four million tonnes
        Reuter  -  84 words
      • Article
        Lock icon Gotaas-Larsen for London
        31 13 Reuter GOTAAS-LARSEN Shipping Corp has applied to list its shares on the London Stock Exchange. It authorised shares total 17 million, of each 11,258,350 have been issued. Reuter
        Reuter  -  31 words
    • Article
      Kyowa to extend S. Pacific liner service to S'pore
      679 13  -  By LINDA CHEE JAPANESE shipping company Kyowa Line is extending its independent monthly Japan/Papua New Guinea/South Pacific liner service to Singapore. Singapore agents, Ocean Shipping and Enterprises, said the first sailing to the republic will be made by the 8,000 dwt
      679 words
    • Article
      Lock icon Missile hits Aichi Maru's upper stern
      178 13 Reuter THE 2,611-ton Japanese freighter Aichi Maru was being hit by what appeared to be the fragment of a missile in the Pacific off Cape Inubo, east of Tokyo, but there were no casualties among its 12 crew members, the Maritime Safety agency said.
      Reuter  -  178 words
    • Article
      INDEX TO ADVERTISERS
      626 13 Skippiag Uae P««e C*l Shipping Ume PW Cal Adriatic IV 5 ent IV 4 Afea VI 3 Evergreen IV 3 Afro-Eurasia vn 1 Fesco V 1/2 All trans VI 5 Flotta Lauro V 5 Alpac VI 5 Fortune VI 5 Angkutan VI 4 Franco-Belg m 4/5 Anhsing
      626 words
    • Article, Illustration
      UK navy ships on their way to China
      271 14 THE Royal Navy Task Group comprising five warships and four support vessels now in Singapore for maintenance is scheduled to visit Shanghai in early September. It will be the first visit by the Royal Navy to China since the frigate Amethyst escaped
      271 words
    • Article
      Lock icon FOC tankers may be stopped from calling at South Africa
      400 14 Lloyd's List MOVES are underway to prevent vessels flying flags of convenience from calling at South African ports particularly if they are carrying oil. The impetus has come from the International Non-GoveramentalO r g a n isation's Action Conference for
      Lloyd's List  -  400 words
    • Article
      Container Schedules
      1001 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL KF (It fcwfi NiMI'i estimated time of a edrurd by Ittf Snipping Lin#'Agent •nd n iuojeet to change (3) Afl fCL container* and LCL c*rgo cnuit t* delivered bo irw Authority* premtM* during ibe following periods. 0)
      1,001 words
    • Article
      LONDON FREIGHTS
      1504 14 FREIGHT rates on Wednesday were rather irregular in the North American grain sector with chartering remaining on a fairly small scale. Spot business was arranged from the US Gulf to the Netherlands at the steady level of 115 fio, while a cargo from the Gulf to west coast
      1,504 words
    • Article
      Lock icon HK liner operator succeeds by serving small shippers
      867 15 Fairplay ALTHOUGH increasingly important as a focal port for liner trades to and from the Far East arena, Hongkong has not been renowned as a centre for liner operations. Local owners have tended to concentrate, with remarkable success, on operating straight-forward tanker
      Fairplay  -  867 words
    • Article
      Thai 'box' trend continues
      746 15 THE trend towards containerisation in Thailand is continuing though at a slower pace than that of the late '70s. This year will probably see an increasing use of the "box" in the Japan-Thailand trade. Bangkok Shipowners and Agents Association chairman M W Jarvis said at its
      746 words
    • Article
      SHIPS IN PORT
      564 15 EXPECTED arrivals TODAY KEPPEL WHARVES Donam No 7 (0530 after Waheng, subect free board) 23/24 Gao Peng (after Yozan hauls) 33/34 Hoegh Clipper (1500 after Padang, must vacate 27/ 0530)3/4 Hyup Chin No 15 (Tanker) (after Bum Chin, P.O, subject gas free) 13/14 Kota Mawar (0700) 10/11
      564 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2318 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
      2,318 words
    • Article
      Firm freight rates
      670 20 ORIENT EXCHANGE THE Asean freight market is steady and freight rates are firm. Cost of Bunkers have decreased very slightly. Coasters are having difficulty in maintaining class as surveyors and insurance companies are becoming more strict. Barges of 180 feet and tugs of 1,000 to 1,500 bhp
      670 words
    • Article, Illustration
      People In Shipping
      177 20 BORNEO Shipping has appointed Mr Lee Liat Cheng as director and Mr Albert Lim as marketing manager. Mr Lee Liat Cheng joined the Inchcape Group in 1972 as warehouse manager, Intrans Distribution Services Pte Ltd. In 1975, he was appointed to take full charge of project planning
      177 words
    • Article
      Lock icon Sigma Coatings gets US$2.5m contract
      235 20 AFP SIGMA Coatings (Hong kong) Ltd has been awarded an exclusive contract to supply the protective paints for all sea-going containers produced by a new container manufacturing plant under construction in China. The contract, worth over US$2.5 million per annum was awarded by Javelin Co
      AFP  -  235 words
    • Article
      WHO ACTS FOR WHOM...
      1552 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A B Achlpelega R T Transportation (S). Adriatic Caatalaer Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Afra-Earasla Use Transgroup Pte Ltd (S). Alfred C.
      1,552 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      335 13 Scan Dutch V Fast and Regular Service To/From N.C./SCAN/W.MED./U.K. Singapore Tel *****1 Port Kelang Tel *****1. Kuala.Lumpur Tel ***** Penang Tel *****6 JAR DIM AN I AH Orient Overseas Co*Uai*teA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) .FULLY CONTAINERISED EXPRESS TO/FROM NORTH AMERICA NEST COAST I am2E*ZJE£ K SF
      335 words
    • Advertisement
      Page 13 Advertisements Column 2
      330 13 SEALORD ANTAH UASC UNITED ARAB SHIPPING CO (SAG) ;m 1/1 j it, EXPRESS MULTI-PURPOSE SERVICES Loading for Mina Qaboos (3/9) Mina Al Fahal (4/9) Dubai (6/9) Damman (8/9) Kuwait (10/9) Dubai (26/9), Dammam (29/9). Kuwait (2/10) FULLY CONTAINERISED SERVICE NAVIGATOR V 7 AL WATTY AH V.S HMilli Dubai (9/8), Dammam
      330 words
    • Advertisement
      Page 13 Advertisements Column 3
      15 13 wm CONTAINER Schedules LONDON Freights SHIPS In Port SHIPPING List REGIONAL Weather PEOPLE In Shipping
      15 words
    • Advertisement
      Page 13 Advertisements Column 4
      831 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore Tel *****1. Port Keiang Tel *****1. Kuala Lumpur Tel ***** Penang Tel <*****6 MAERSK LINE EXPORT TO U S. PACIFIC, GULF. ATLANTIC, EAST CANADA AND ASIAN PORTS If 71 27-21/7 3-4/8 10-11/1 17-18/1 24-25/S 31/8-1/9 Maersfc Rande Singapore
      831 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      725 14 LEO SHIPPING PTE LTD. SINGAPORE PERNAS-MISC SHIPPING AGENCIES SDN BHD PORT KELANG PENANG v JL i m. HEAD OFFICE: WISMA MISC TEL: NO: KL *****8 MALA YUAN MTFRNA TONAL ShtPHNG CORPORA VON BERHAD Container Service To Europe Feeder *P Kelang Vesset S pore 1) Mseilles 2) Rdam 3) H'burg 4)
      725 words
    • Advertisement
      Page 14 Advertisements Column 2
      329 14 815 SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA Pt Ml fSTOK CM Hot Ctetn Burnt N Tart Better St. M* N. Ort Haw tan hrM una TOM *25/7 23/8 1/9 6/9 8/9 9/9 9/9 17/9 19/9 24/9 TW 2 2/8 M/ 8 34/8 56/9 1/10
      329 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      797 15 QCL Overseas Containers Limited Weekly service to/from UK/Europe E»t Mm CONTABOSW SEKWCE TO UK/COWCTT. Ifburi ftdam Stan Sport Plata# D'ourt Bum A'watp La Km UJt. 2|M It Amc 20% 21 tac 23 A* It 2 3 21 23 24 2( 27% 4 A«( 25 Am 27 teg 21 30 23%
      797 words
    • Advertisement
      Page 15 Advertisements Column 2
      367 15 NOTICE HALL* MARITI ME CORPORATION SERVICE TO/FROM MDDLE EAST I SOUTH KOREA THREE VESSELS EQUPPED WITH HEAVYUFT CAPAOTES m.v. HALLA PARTNER 100 TONS m.v. HALLA PILOT 300 TONS m.v. HALLA PRIDE 300 TONS Further enquiries pteose ring McAUSTEft CO. LTD. Teh *****36 (DIRECTV *****11 (SHIPPING) Franco Belgian Services Ih .r
      367 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      676 16 TO NORTH EIMPC Tekpßaf jBJBBMHi a/7 TW HK 22/7 24/7 2/1 3/8 Spore PK p M Bilbao Genoa tfbarg Bhaven Mam Antwerp a JI 1/8 27/» 21/8 4/9 10/9 V» 1/9 8/8 U/l l|/9 14/9 7/9 4/9 K» ii/i 14/1 Hamburg Ex press 14/9 21/9 13/9 11/9 long Oakland Seattle/
      676 words
    • Advertisement
      Page 16 Advertisements Column 2
      515 16 KOREA LINE SHIPPING CORPS f. Mm« knnk stoe ALTAR 153W 21-24 My 25-27 My 29 My-2 A* ROM BUSAN BANGKOK ALTAR 154E 21-24 July 25-27 July 29 July-2 Auc TO BUSAN VEGA 151N 11-22 A* 23-25 h* 27-30 MI VEGA 152E 18/22 Auf 23-25 Aug 27-30 Ai« TO BUSAN KSC
      515 words
    • Advertisement
      Page 16 Advertisements Column 3
      445 16 r 0 EVERGREEN LINE F AF [AST EUROPF FXPRESS FUll CONTAINER SFRVICF ACCEFTMG CARGO FOR: HAMBURG. FEIDCSTO*. ROTTERDAM, ANTWERP, LE HAVRL ALSO ACCEPTMG CARGO FOR: SOUTHAMPTON, LONDON. MANOfSTER. HRMNGHAM. BRISTOL. IMRPOOL, GLASGOW. LEEDS. iMriMfci aim is* si* 7M UM UM i«vM aim UM i*us* its* as* FUROPE FAR FAST FXPRFSS
      445 words
    • Advertisement
      Page 16 Advertisements Column 4
      837 16 Everett Lines j Bvt Star Sbtppisf Corps. "BURMESE NATIONAL LINE" LOMNNG FOR RANGOON maa/nm 12/ MA* IV27A« Aawrts in Moki/vo BOUSTEAI TEL NOS KL *****2/*****9 BOUSTEAD SHPHNG WwwciH If caiw—ul S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOMNNG FOR DURBAN, UfETOVM**, M miTDnCO, BUENOS AMES Vftn ACOMCABUA 17/11 ta| CyA
      837 words
    • Advertisement
      Page 16 Advertisements Column 5
      413 16 11 Ullf I If 1i i I 'i r^o.s.E. /•I OCEAN SHIPPING ENTERPRISES PTE LTD. isi SANKYO LINE AUSTRALIA SERVICE Bbmi P. Ma* Laatelar MAT PfIMCE 1/2** 3/4 ta| otT&L. SC. BANGLADESH SERVICE MTSnr 25/20 M| CMTTMOK. JAPAN/STRAITS SERVICE oomph SEP* LET 1 K KARLANDER LIfME AUSTRALIA SERVICE SUN UNION
      413 words
Page thumbnail Page 17
  • Page 17 Advertisements
    • Advertisement
      Page 17 Advertisements Column 1
      944 17 k. ion IMB HOT* CANT* PIL GROUP EAST AFRICA/REDSEA SERVICE wTJTiii f--11/15 tag Dares SitaMV Mcxnt MM. Port Sudan kot* jwtosa kot* mm SR. f—a/31 Mr COLOMBO/KARACHI/P. GULF SERVICE h Pt/» My Dubai Kuwait KaracM Dubai. Kuwait Karachi Colombo, Karachi. Bombay SINGAPORE/CHITTAGONG/RANGOON/SERVICES SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES loading For: Ctvttagong, Madras KOTA
      944 words
    • Advertisement
      Page 17 Advertisements Column 2
      839 17 I [n*j BENLINE CONTAINERS DWtSS CONTMO SBtWX TO/FtOM EUROPE l/l VI I VI IVI a/i a/t a/i a/i i v» v» H-MK rWVCN rOMI itwk ma W Ur—m/ Acstnatetverp 11/1 a/i a/i 21/1 a/« a/i a/t vn rut rut 2/9 a/i 2/1 vi v» 12/9 IVI IV! 17/1 IV* 2VI
      839 words
    • Advertisement
      Page 17 Advertisements Column 3
      635 17 till u \i li' j), *V| V 41 Scan Dutch WEEKLY EXPRESS CONTAINER SERVICE *2r »■««>«-j>WM4>«M« ST hhm an ivi u/i «a na n kjm vi w an an m. mm u/i n/i vi 1/1 v* wnw ivi vi www MM JM 14/1 IVI IV) U/1 mi imm v» i7/<
      635 words
    • Advertisement
      Page 17 Advertisements Column 4
      430 17 BOUSTEAD DIPPING AGENCIES BANK LINE FOR REUNON t SOUTH AFRICA KUANTAM SMGAPORE t 2 Ovrbwi ft Eb (abo accepting East London BEAVERBANK 19-21/8 22 26/8 4/9 10/9 17/9 20/9 Lines U.S. WEST COAST SERVICE (el mscts also at loofnew Lonfbeach Los Aitfdes t San Francisco) T/S wa RORp (In* aMy)
      430 words
Page thumbnail Page 18
  • Page 18 Advertisements
    • Advertisement
      Page 18 Advertisements Column 1
      722 18 t K line KAWASAKI KISEN KAISHA. LTD. EXPRESS COHTAINER SERVICES 1 TO NORTH AMERICA Cjrfws m» ten*** im IMM laomr PwfM. Hk GalmM. Dm Mm TO EUROPE cjiftts It ScmAmvli *ii Hmlii) FROM EUROPE TO FAR EAST *1 Havre P S'pore 5/8 6/8 9/8 11/« 12/8 11/ l 11/S 19/1
      722 words
    • Advertisement
      Page 18 Advertisements Column 2
      484 18 aa CAUHRRU/PACffK NORTR NEST sanct amiss crrtajrer/reeeer service fxmksco, seattu, tacona. NKL/KlCmt+m P UMI I I aST »Wpt u sapt us* lis* NEW ZEALAND SERVICE JAPAN SERVICE f Swn 3/4 A«| S/6 Aa« 11/19 A# INDIA SERVICE .arc, EVKB PASSOHR/CARK) SERVICE TO NR6APATIMMH. MAMAS 133 3/6 A# 134 24/27 135
      484 words
    • Advertisement
      Page 18 Advertisements Column 3
      631 18 »l 11 SINGAPORE SHIPPING AGENCIES PTE LTD 20TH FLOOR OCf AN BUILUING SINGAPORE 0104 MARKETING 911 122 3 LINES GENERAL *****1 '14 i. 'NE S' TERMINAL OFFICE 2223b83 TFLEX RS 24t>95 RS ***** A B CARSHIP CAHIE CARLOSMi^ l't'4|ioiml •lIMIHI •it 111 kull WEEKLY CONTAINER SERVICE to/from BANGKOK JAOC BOUNTY
      631 words
    • Advertisement
      Page 18 Advertisements Column 4
      439 18 Doranard lime INDEPENDENT-ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO FCL ONLY FOR: PORT SAID. ALEXANDRIA. BEIRUT LATTAKIA. UMASSOL. ISTANBUL A PIRAEUS Specialty engaged agents d stevedores providing immediate discharge FORTIM SIM V m MAN CtCONC V.4IN C»fc* Nrl Sad. Mtn Z7 Am ALattakaatfy i—n/PBT m save hn P
      439 words
    • Advertisement
      Page 18 Advertisements Column 5
      601 18 INTRQSEA (PTE) LTD c aber House 234E Oc^a r (3 Soad Singapore 9 Telephone ***** v 235-40 V REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S>ere P. K«lm| Nm| L«*t tar it ami 22 ami mnmmmmt cm Mm amttSA (PTE) LTD 2352C11 BOOK9K *****57 mpm YEO SNPPMC 1 TRADMG 410(44.
      601 words
Page thumbnail Page 19
  • Page 19 Advertisements
    • Advertisement
      Page 19 Advertisements Column 1
      618 19 NOL NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE a TO EUROPE/UK (VIA SUEZ): r-Der 0* Iff ACE Censor* u" Also accepting cargo to/from Scandinavia +C. CONTAINER S'pore Closing Times: FCL Cargo 1000 27/7 LCL Cargo 2200 26/7 FROM EUROPE (VIA SUEZ) TO AND FROM AUSTRALIA: Anro Asia JAKARTA
      618 words
    • Advertisement
      Page 19 Advertisements Column 2
      173 19 \A/at€rman V V STCAMSHiP COAPUAATION EXCLUSIVE LASH SERVICE TO U.S. ATLANTIC GULF A Chffailom I i^i"mi"it i in| Pew* P Kclmi Smppore Clow* Clow* SMkrw Qosmf Sa*n( GEOKEWmC* NSCI Ctaed 27/7 31/7 31/7 2/1 Milan HOOfOt-t- WSC2 10/1 11/ l 22/1 22/1 24/t CIM BtUww Ist Sid. 2nd Std, 3rd
      173 words
    • Advertisement
      Page 19 Advertisements Column 3
      219 19 i'f/' PERKAPALAN LAUTAN BIRU Regular Service to East Malaysia Agents M <,ia Sealion Shipping iM< Sdn Bhd Port Klang Tei 38 7754 '18 7479, 38 985 i SLJAMA SHIPPING 4 TRANSPORT BHD P-nan *****1 Spore Gaya Ckean Shipping Pie lid Tel ?9??110 K *****4fc < PALKA UTAMA SHIPPING (PTE.) LTD.
      219 words
Page thumbnail Page 20
  • Page 20 Advertisements
    • Advertisement
      Page 20 Advertisements Column 1
      287 20 EGYPTIAN INTFBNATIONAI lINFIFIM INTERNATIONAL LINE (EIL) EGYPTIAN FLAG DIRECT LINER SERVICE TO EGYPT (PORT SAID ALEXANDRIA) Cargo Bookings Please Phone *****43 MAKTRAMS CARGO PLEASE CONTACT SCHENKER SINGAPORE TEL *****11 FROM EGYPT ALEXANDRIA SINGAPORE MI U Sept 20 Oct 10 ACCEPTWG CARGO FOR BUS A* MOI. KOBE, YOKOHAMA GENERAL AGENTS I
      287 words
    • Advertisement
      Page 20 Advertisements Column 2
      501 20 OCEAN LINES REGULAR NOW CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE S pore P Ketanf Penang Loading lor OCEAN GLORY V.IOWB 10 Aug Said/Umasjof/Akiawkia ftaeuj/B«inj»/Rijekj/Bour|« UMQUE CHALLENGE V.4NB 21 Auj fori Said/ljnajsol/A»eian*ia PkMus/Bctnit/Kjcka/B«r|u P.T. BHINNEKA LINES M.V. HO CHUNG V.INB (BIT 1974) NON-CONFERENCE SERVICE FROM MDONESIA/SM6APORE TO ALEXANDRIA, ITALY ft SETE ETA
      501 words
    • Advertisement
      Page 20 Advertisements Column 3
      121 20 NOTICES DAIICHI CHI O KISEN KAISHA, TOKYO M.V. EASTERN POSEIDON LIGHTER FROM KOBE ARRIV ED ON 19TH JULY, ISM AT PJ3.A. GODOHN NO. 33/ M General Survey on damaged cargo discharged ex the above vessel will be held on 28th July, 1980 as from 9.00 a.m. to 1.00 p.m. No
      121 words
  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      159 20 Regional Weather A r. x \<fr 3^>i H ■a «rl s a > *«lk r>< kSIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.90 A.M. THIS MORNING. Wind direction with speed in knots Dew point °C Wave height R, Thunderstorm Temperature °C Shower Weather Wind direction with speed in knots Rain Dew
      159 words