The Business Times, 29 July 1980

Total Pages: 20
1 20 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 111/l/M TUESDAY, JULY 2», II» 50 CENTS
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  • BRIEFLY...
    • 79 1 NEPTUNE Orient Line will start a new container service between East Asia and the Mediterranean by the end of this year. Managing director of the company, Mr Lua Cheng Eng. said the line will be working on a consortium basis with three other lines. With a sailing
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    • 71 1 AP LONDON, Mon. Gold prices eased in early trading, dropping nearly US$lO an ounce in Zurich and more than $15 an ounce in Hongkong. Gold dealers described the selling activity as "scattered". In Zurich, the main bullion market, gold was selling at $642 an ounce, down from Friday's
      AP  -  71 words
    • 69 1 Reuter JEDDAH, Mon. Saudi Arabia and Britain are restoring full diplomatic relations, thereby ending a four-month row over a British television film about the execution of a Saudi princess for adultery. British Foreign Office Minister of State Douglas Hurd and the Saudi foreign ministry said British Ambassador
      Reuter  -  69 words
    • 79 1 AFP KUALA LUMPUR, Mon. China is sending a timber mission to Malaysia soon to negotiate the purchase of timber and timber products, Primary Industries Minister Datuk Paul Leong said. He told newsmen after meeting representatives of timber associations at his ministry that China could be a big
      AFP  -  79 words
    • 58 1 KUALA LUMPUR, Mon. Malaysian Airline System has bought 13,500 sq ft of office space in Singapore, costing $8.2 million, for its new office. An airline official said that the agreement for the purchase of the space, in the Singapore Shopping Centre at the junction of Clemenceau
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    • 59 1 Reuter PEKING, Mon. The government has issued a tough circular to force the reorganisation of enterprises now running at a loss due to poor management. The New China News Agency said enterprises consistently losing money with a high consumption of energy and raw materials, poor-quality output and inefficient
      Reuter  -  59 words
    • 58 1 AP NEW YORK, Mon. Stock prices continued to fall as the government reported that productivity in the nation's businesses fell for the sixth consecutive quarter. The Dow Jones industrial average slumped 4.61 points to 913.48 in the first half-hour of trading. Declines outnumbered advances by a 4 to
      AP  -  58 words
  • 138 1 Rises Indices Mtliyu Tin Goodwood Park Pacific Dot B Senbawiaf Gontinga O C B C Public Bank Semb Shipyard DBS Naayaag Spore Boa Iatraco 4300 750 420 426 735 1260 510 368 545 436 500 300 100 100 56 32 30 20 20 18 15 14 12
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  • Article, Illustration
    144 1 Rises Indices Castlefield 2900 +200 Jul 25 Jul 28 Malayan Tin 4300 150 B.T.Index: Industrials: Finance: Hotels: Properties: Tins: (rubbers: *****.*****37.52 uenung OCBC 745 1280 +35 +20 688.91 687.96 984.75 992.63 M U Ind 1300 +20 378.00 379.90 Tronoh Sg Besi 1490 1500 +20 +20 489.81 492.06 374.99
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  • 671 1  -  EFFECT OF U.S. DOWNTURN By FONG MEW LENG SINGAPORE'S electronic industry is begining to the feel the ill-effects of major downturns in the US economy. But unlike previous traumatic recession experiences, the current tight labour market in the Republic has created the ironic situation of labour
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  • 246 1 COMPUTERS in design, manufacturing, research and development will be rapidly introduced in line with the Government's policy of promoting research and development. But Singapore will need a core of professional and management manpower who can understand and use computers more efficiently. As decision makers, they must
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  • 430 1 MAGNUM Corporation has acquired a controlling interest in Phicom, a company quoted in London. The deal is worth 151.53 million but Magnum will pay for the 25.77 million Phicom shares, at $2 per' share, through the issue of 5.73 million of its own shares to the
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  • 550 1 FRESH doubts have been cast on whether a mass rapid transit system should be built now. Communications Minister Ong Teng Cheong said yesterday that most studies conducted on the MRT concluded that Singapore will eventually need a rail-based system, but none has been able to state
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  • 259 1 THE Prafnartaaal Eagl■een (AwaiMat) BUI to he tahtod la Parttameat today will aaake It eaator far fareiga eaglaeera to piiiMat la fltegapern. The Mlalrtnr far Natteaai Devetopaaeat, Mr Teh Cheaag Waa, will latradaee the Mil which ameada the preaeat act to
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  • 498 1  -  By CATHERINE ONG GOVERNMENT-owned Keppel Shipyard is expected to offer shares to the public soon and will become the first governmentowned company to do so this year. Sources said the whollyowned subsidiary of Temasek Holdings may come to the market for funds
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  • Page 1 Advertisements
    • 36 1 VSRAKIKRaid Corporation For all types of Culinary (Oriental and European) T«t: *****4/*****4 FPr^' TcJ«»: RS ***** A/B RAKICOft HIOOeO. Item, CaMc: "RAKtCORP" seeds, roots. spices F»dOfy »«mp»««e» Manufacturer ■btc: "RAKICORP" Johorc Bahru ml lie rand stockist*.
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    • 137 1 ASIA RESEARCH BULLETIN BU 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 si* separate reports of about 8,000 words each. There is a
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    • 67 1 Leader ...Page C mm SHIPPING TIMES SUCCESS sf NEP Mages m PROFITS at Betr«a (M) expectprivate teeter 3 ed te d5aMe.............................. II TWA aad British Airways te eat ASEAN te eat tariffs smsag (area S members 12 NEW earreat esst aeesaattag EEC members te eat steel staadard 1 pradaettea It
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    • 228 1 RICOH Plain paper copiers Preferred by offices worldwide CALL *****5. Wywy Private Limited Wywy House. 17 Leng Kee Road. Singapore 0315. Ffy Via unique gateway to the UK Why via Amsterdam A total 0f358 flights per week connect Amsterdam with 22 major centres in the UK and Ireland Which means
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  • TRADE AND INDUSTRY
    • 311 2 SABAH intends to commission experts from the United Nations to study the timber royalty rates in the East Malaysian state. Announcing this, Sabah's Chief Minister, Datuk Harris Salleh, said his government will thoroughly discuss the reports submitted by the experts. Until then, three
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    • 112 2 THE SINGAPORE Tourist Promotion Board (STPB) has plans to tap the Sri Lanka market with a threeday food and cultural promotion next month. This is in line with the board's plans to increase the number of visitor arrivals by 10 per cent this
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    • 76 2 HOLIDAY Tours and Travel has been appointed general sales agent in Singapore for tours to China organised by China Youth Travel Service. Announcing this, Mr Dennis Choo, managing director of Holiday Tours and Travel, said the appointment follows the conclusion of a worldwide sales agreement
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    • 574 2  -  By MANO SABNANI THE Housing and Development Board has awarded a J2O million contract to two British companies to develop jointly the largest automated brickworks in Southeast Asia. The brickworks, in Singapore, will provide high quality facing bricks for the domestic housing programme.
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    • 576 2  -  By RICHARD SEAH A MARKET research company for the construction and heavy equipment industry has published its first independent study on the Indonesian market for construction equipment, trucks cranes and diesel engines. Published by Plantecon (Overseas) Research Ltd, the study is the first in a series
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    • 483 2 SEMINARS AND COURSES 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 Seminar, Shangri-La, Acumen Credit Services Aug 2: 'A Day
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  • Page 2 Advertisements
    • 222 2 factory neraescNTATivE for south sast asia STIHL(S.£.A.)PTE LTD Unit 1003. 10th Floor, Tan Boon Liat Building. Outram Road. Singapore 0316 Tel *****47 |3 Lines) Cable STIHLSEA Tele* RS ***** Inject the right amount of professionalism where it counts most! the Serie Big saddle leather office suite. SADDLE LEATHER BM/mN ■ill.
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  • REGIONAL
    • 324 3 Reuter THE THAI government and international organisations feeding hungry Kampucheans along Thailand's eastern border have resolved a dispute over supplies of aid to an area controlled by Khmer Rouge guerillas. Relief agency sources said the agreement on supplies to an area south of the
      Reuter  -  324 words
    • 155 3 Reuter EXPORT contracts concluded in June by 13 Japanese trading firms fell slightly by 1.7 per cent to 1.17 trillion yen from 1.19 trillion in May, but rose 39.6 per cent from 837.51 billion a year earlier, the Japan Foreign Trade Council said. Import
      Reuter  -  155 words
    • 255 3 AFP JAPAN should build up its military strength as a member of the free world, a Japanese security report emphasised. The report, prepared by the Foreign Ministry's ad hoc security policy planning committee which is headed by Vice Foreign Minister Masuo Takashima, called for
      AFP  -  255 words
    • 774 3 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL FT T71 0710 JFK/ORD/KUL SIA/BA SQ/BA17 0715 LHR/BAH SIA SQ101 0815 KUL MAS MH621 0835 PEN RBA BI427 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ2L1 1000 HLP CAL CTB14 1000 HLP MAS MH605 1000 KUL
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    • THE REGION IN BRIEF
      • 440 3 Agencies INDIA'S recognition of the Hanoi-backed Heng Samrin regime in Kampuchea will greatly affect relations between India and Asean, the MaJaysian foreign minister, Tengku Ahmad Rithauddeen, said. India's announcement of recognition came at a "most inappropriate time" because Asean is looking for a peaceful solution to the Kampuchean
        Agencies  -  440 words
    • 389 3 THE ACHIEVEMENT of the socio-economic objectives of the New Economic Policy (NEP) depends largely on private sector growth, said Datuk Lew Sip Hon, Malaysian Deputy Minister of Trade and Industry. "Private investment is projected to provide the major source of capital formation during
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    • 358 3 THE Chinese community should go all out to achieve the 40 per cent equity target for the non-bumiputras set out under the New Economic Policy to ensure its economic future. Instead of fearing the NEP, they should pool their resources and venture
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  • Page 3 Advertisements
    • 411 3 This could be the worst miever make .y V; 1 "ft .v s < .-^5 The slightest flaw inadiamond, invisible to the untrained eye, can mean the difference of S IOOCTs in value and thus can make all the difference between a good investment and a bad one. Fine quality
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  • RAW MATERIALS
    • 228 4 Reuter MALAYSIA'S Commodities Trading Act 1960, to provide for the supervision and regulation of commodity futures trading in Malaysia, will come into force on Aug 1, Primary Industries Minister Paul Leong said. Within six months of this date, all firms in Malaysia dealing
      Reuter  -  228 words
    • 327 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.06, 100 per cent second class 0.90, 100 per cent third class 0.88, 25 per cent new crop no stock, B-10 per cent 0.80. THAI BROKEN: A-super 0.65, Special no
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    • 175 4 IN Singapore, the market closed easier yesterday with August One RSS buyers quoted at 285.50 cents per Idlo, down 1.50 cents from last Friday's close, dealers said. The morning market fell some 1.50 cents on trade, speculative and upcountry selling. Prices fluctuated narrowly during afternoon trading before closing around
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    • 301 4 R.AiJ. prices In cents per kilo yesterday; Noon Hnff f per kilo) (per kilo) Buyers Sellers Buyer* Sellers Int. 1 R.S.S. prompt f.o.b. 285.50 286.50N 284.50 285.50N Int. 1 R.S.S. August 286.50 287.00 285.50 286.00 Int. 1 R.S.S. September 287JO 288.00 2KJ0 287.00 Int. 2 R.S.S. 279.50 280.50N
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    • 116 4 NOON SSI I I 1 yesterday KA8 Auul Scpt«nb«r ICirrM it Mtk) (Forward Mtk) Bayers Seller* Buyers Seller* SSR20 (1-ton pellel t) 261.50 263.50N 262.90 264 SON SSRSO (1 too pellel t) MM 260.50N 269.50 261 SON KIILB Aafufl 8«ptonb*r SMR CV (1 too pallet t) *****
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    • 95 4 THE Straits tin price la Penang yesterday topped Mss per pleal to |2,153, $8 above the literMttMttl Tin Agreemeat ceiling, dealers said. The drep reflected pserer demand (rem majsr bayers aid aa easier London eleslag last week, they said. Sentiment was net aided by lewer supplies of tin
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    • 39 4 Rubber: July 28 Singapore: Aug: 285.50 cents (down 1.50 cents) Malaysia: Aug: 290.50 cents (down 2.00 cents) Tin: M 52,153 (down $5) (equivalent to $35.60 per kilo) (down 8 cents) Official offering: 185V4 tonnes (down 4Vi tonnes)
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    • 90 4 Reuter EEC membership of the International Sugar Agreement without involving the question of basic export tonnages could be a possible consideration under the terms o( the agreement, London brokers C Czarnikow said. Commenting on the recent EEC Commission statement, it will propose to EEC
      Reuter  -  90 words
    • 175 4 CHINESE Pndice Exehaage, flags psrr, rltrisg prim per IN kg yMtcfdty: Cm—> «11: Bulk fob 143.75 sellers, old drum (in second hand drum) fob 5153.75 sellers, new drum fob $159.75 sellers. Copra: Mixed (loose) 186.50 buyers. Pepper: Muntok white pepper fob Asta NLW $422.50 sellers, Sarawak white pepper
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    • 193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-clown) Csttta yam: China Blue Phoenix 20b 2,190; 32s 2,575, 40s 2,810 (per bale of 400 lbs). Ptoee gee*: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • 119 4 IN Kuala Lumpur, the market eased in quiet trading with operators sidelined pending further reaction from Chicago trading, dealers said. In the central region, July and August dropped Mss each to $835 per tonne. The southern region was traded at $835 for August and September. The refined market
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    • 503 4 SINGAPORE exported 492,993 tonnes of various types of rubber during the first five months of this year, representing an increase of only 1.2 per cent over the same period last year. During this period, the US was the most important destination with 61,617
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    • 276 4 Reuter INDONESIAN coffee traders say they hope to export 225,000 tonnes this year, but fear a shortfall unless the government lowers its expert surcharges and check prices. Indonesian coffee exporters expects world coffee prices to continue their decline because of economic recession in some
      Reuter  -  276 words
  • ASIAN STOCKS
    • 619 4 TOKYO Source: DBS-Delwa THE market was totally inactive, not only because yesterday was Monday but also because it was the last date possible for within-July deliveries. Both purchase and selling orders were very small one of the lowest for this year. None of the stocks were able to
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    • 342 4 Source: SHK See THE market climbed at the oening following tbe surprise 2 per cent cut in prime over tbe weekend, but true to the usual "sell on good news" mentality of local investors, the marked failed to sustain the pace. Attention was initially on Chinese property shares who
      Source: SHK See  -  342 words
    • 410 4 STOCK prices closed slightly firmer yesterday in thin trading with selected oil and "■gas stocks making good gains, dealers said. News that Strata Oil will complete its Woodada No 2 well as a gas producer after a test flow of 3.8 million cubic feet saw the stock finish 15
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    • 138 4 STOCK prices closed mixed yesterday with turnover falling to 1.5 million pesos from last Friday's 2.3 million, dealers said. Benguet Con B, Lepanto B and Philex B firmed, while Basic Petroleum and BF Goodrich eased. The rest were all unchanged or untraded. JULY 28 Peso* Acojt Mintnc jOOM -0
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    • 231 4 Reuter NIPPON Electric Co Ltd said it expects consolidated net income for the current year ending next March 31 to rise a marked 36.8 per cent to 20 billion yen from 14.62 billion yen last year. Consolidated sales in the same year are estimated at
      Reuter  -  231 words
    • 28 4 H.K.HANQ SENG Monday 1196.82 Friday 11 «7.10 Week Ago 1106.37 SYDNEY INDUSTRIALS Monday 604.36 Friday Week Ago 690.66 ALL ORDINARIES Monday 817-56 Friday 01*28 Weefc Ago
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  • Page 4 Advertisements
    • 333 4 H t f C Fiat was the outright winner at the World Rally Championship for Makes in 1977 and 1978. The car used was the Abarth 131 Rally, of which a limited production of only 400 units were produced. Although the 131 Abarth was designed strictly to be a competition
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  • OVERSEAS
    • 653 5 NYT THE downturn in the US economy should come to an end soon, but the rebound will be slow and sluggish, according to a sampling of academic and corporate economists in America. Most of those interviewed say that the worst of the recession is over and that
      NYT  -  653 words
    • 168 5 Reuter DEFENCE Secretary Harold Brawn of the Usited States has said that only America can protect Golf oil supplies to the West agaiast aay Soviet threat la aa Interview with VS News ami Wtrtd Report magazine, he said that America's Nate allies are "111-salted far eperatlen eatside of
      Reuter  -  168 words
    • 347 5 UPI ISRAELI Foreign Minister Yatzhik Shamir has accused European countries of launching a new peace initiative in the Middle East conflict to secure Arab oil supplies while paying only lip service to Israel's interests. In West Germany's case, Mr Shamir charged, courtship
      UPI  -  347 words
    • WORLD IN BRIEF
      • 347 5 Agencies PERSONAL bankruptcies in the US are showing an alarming increase, reflecting both the recession and the backwash from the Bankruptcy Reform Act of 1978, which went into effect last Oct 1. The administrative office of the US bankruptcy courts estimates there were 355,000 "non-business" failures in the
        Agencies  -  347 words
    • 168 5 Reuter TWO major international airlines are to cut their fares on the highly competitive North Atlantic route. British Airways announced that it will introduce new fares on the London-New York route on Sep 15, cutting the high season standby fare to £94 (Ss47o)
      Reuter  -  168 words
    • 194 5 Reuter SENATOR Edward Kennedy has welcomed the new drive in Congress for an "open" Democratic convention, but he has declined to step aside in favour of others who have been mentioned as possible presidential candidates. Instead, Mr Kennedy repeated his contention that he could still win
      Reuter  -  194 words
  • Page 5 Advertisements

  • 348 6 THE electronics industry is beginning to feel the pinch of the economic downturn in the US, with some manufacturers of consumer .goods reporting lower demand from their traditional markets in America. As a result, they have lowered production and sought to lay off workers or put
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  • 264 6 -1$ SEEMS that major airlines seeking to Improve yields through the offer of cheaper ;«fjres will wage their latest battle over the -3*orth Atlantic routes. On the surface, reductions in fares cannot but be beneficial to travellers who would gain no matter which jirline offers the
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  • Article, Illustration
    2196 6  -  The cooperation agreement signed between the European Community and Aaean about four-and-a-half montha ago waa described by some as a futile exercise in wishful thinking'. To others, it is a significant arrangement because it opens the door to numerous opportunities for businessmen in the two groupings. In a
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  • 726 6  -  By ALAIN FRACHON AFP THE RIGHT to die, especially when confronted by a slow, painful death, has found a staunch supporter in Exit, a society in London whose name is also its cause. The formal title of the group is the Society for the Right to Die with
    AFP  -  726 words
  • Page 6 Advertisements
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  • Page 6 Miscellaneous
    • 44 6 BriStoW: Ftank Di cken£ Bay, pro GLPQ Tvavs ovep r q r l vt DePfeGSSGO r q I &c£x- »ve. fi££M /ftOicTAj €vcf?\/Bcfev Irt A TUMH€J_ Df<lS lOU)/) -BFoc IN f\m OKLV JOST CTOGCGIMG. -p, TONlhiC IISJTO DpryuGHT....... 1 /"p, H bip -J V
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    • 1383 6 Ghost train mystery HAVING —imiMftlly reined family trwa tke straage ■—i et time, SifpMw aai Steel get a mem udpmeat at a toeBet railway stottoa. F»r amy yean, tralaa gettlag rii af the be as itfflealt aai pern— treat the past? A perhaps eqaally illfflealt task (aees Miss that her
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  • 1022 7  -  FORUM With WILLIAM SAFIRE A NEW FORM of compound word has been created to help old words avoid technological displacement. Consider the word "guitar". In olden times, you could play a Spanish guitar or a Hawaiian guitar, but your instrument was accurately denoted by
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  • 1403 7  -  By BARRY RILEY London Press Service BRITAIN has become the first country to adopt a widely applicable current cost accounting standard. On March 31, the Accounting Standards Committee (ASC) published a Statement of Standard Accounting Practice No 16, which applies to listed companies and a number
    London Press Service  -  1,403 words
  • 114 7  -  Letter to the Editor CKP Dear Sir, It is regrettably aeted that the statemeat ef the Secretary, WW—I Wage* Ceaaeil, which appeared la the Westnras Times ef inly 23, has threwa the NWC "S per eeat" tame late deeper eeafsIa the third-last paragraph ef the itstemeat, tt
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  • Page 7 Advertisements
    • 252 7 11l ufi 2 El S& S~> i fff#rU£f! »faf V Truth is, we can finance anything on the waterfront from cargoes to tugboats. On Asian waterfronts—and around the world —Bank of America is involved in virtually every aspect of international trade. Today, you'll find us financing just about everything in
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  • INTERNATIONAL STOCKS
    • 721 8 NYT THE GETTY Oil Co has been moving to diversify since its founder, J Paul Getty, died in 1976 at the age of 83. Some time ago, Getty Oil set up an all-sports cable television network and just last month the new management made its first major acquisition
      NYT  -  721 words
    • 378 8 AUSTRALIAN energy and steel producer, the Broken Hill Pty Co Ltd (BHP), is expected to report record after tax profit of between A 5276 million and $300 million far the year ended May 31, stockbroker analysts contacted in Sydney and Melbourne said. Most forecasts put
      378 words
    • 765 8 NYT WHEN ONE corporation seeks another, the talk usually turns to the rights of shareholders of the company to be acquired. But what about the rights of shareholders of the acquiring company? Is it right for management to spend hundreds of millions of dollars,
      NYT  -  765 words
    • 269 8 Reuter C ITOH and Co Ltd said it expects its consolidated net income for the year ending next March 31 to fall to about 10 billion yen from 32.80 billion last year, on higher sales of about 11 trillion yen against 9.18 trillion. A company spokesman
      Reuter  -  269 words
    • 74 8 Reuter INTOKNAIIONAL Teltfknt and Telegraph Cerp said tt expects mcm! quarter earnings to fall t» U8 44 eeats a Awe fmi CUI to Ike mm year if* qurto. The ma* WMII» to totoe wfll be todp wrtty ITT said It experts to repert rtx Matti earnings atoat
      Reuter  -  74 words
    • 156 8 Reuter XEROX Corp wUI have satisfactory profit gains for the rest ot 1980, senior vice president for finance Mehrin Howard told analysts. The company reported per share net rose 10.1 per cent in the second quarter, to US$2.O5, and f.O per cent in the first half, to 13.81.
      Reuter  -  156 words
  • Page 8 Advertisements
    • 178 8 Where to wine, dine and entertain For quick economical lunches Dolphine Cafeteria World Trade Centre D i -nf if |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. DOLPHIN CAFETERIA Apollo Enterprises Ltd 119,15t floor, World Trade Centre'/' P ,N\\V /V v 4
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    • 138 8 lubcrtufi tSnll For lunch. For dinner. For a richly rewarding experience. Businessman's Lunch Monday tof-riite >18 10% service charge +3% cess -Javanese Rijstafel Saturdav& Sunday slh 10% service charge +3% cess For reservations call *****77 ik H- < «*nliii"\ I *ju»k Hlm>i*ii(<>i> *■>!!k »r«• 'V-c-J Sjg HUGOS k3& BUSINESS ||f
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    • 144 8 Everything's here at the Mirabelle •a it C .VL'- >g >,£** 'JrAll 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
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    • 187 8 I 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
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  • BANKING AND FINANCE
    • 548 9 Reuter THE Bank of England may need to maintain supplies of extra liquidity to banks and other financial institutions subject to reserve asset requirements until the end of the year, and possibly into the first quarter of 1981. Money market sources
      Reuter  -  548 words
    • 268 9 Reuter RESEARCH experts at leading Japanese banks said they expect the Bank of Japan to cut its official discount rate by 0.5 to 0.75 percentage points by September. Many business leaders including Tokizo Okuhara, managing director of the Federation of Economic Organisations (Keidanren),
      Reuter  -  268 words
    • 526 9  -  By RUTH CHENG SINGAPORE'S average prime lending rate (PLR) has dipped to 11.1 per cent, down from its early-July level of 11.5 per cent. Yesterday Chartered Bank, Bangkok Bank and Algemene Bank Nederland NV announced lower rates. Chartered Bank's move to reduce its PLR by point
      526 words
    • 286 9 Minister puzzled by yen's fall against Reuter THE Japanese vice-minister for international affairs at the Finance Ministry, Mr Takehiro Sagami, said he is puzzled by the yen's sharp fall against the US dollar last week. Mr Sagami said it is inevitable that under a floating rate system there will be
      Reuter  -  286 words
    • 382 9 NYT THE Federal Reserve announced last Friday it would cut the key rate banks pay to borrow from it by one percentage point to 10 per cent. But financial experts said they do not believe the move signals a new move by
      NYT  -  382 words
    • 127 9 AFP THE Manila-based China Banking Corp (CBC) has entered into a joint venture with a group of Chinese businessmen to operate a merchant bank in Hongkong by September. The bank, which has been approved by the Philippine central bank and Hongkong monetary authorities, will be called the
      AFP  -  127 words
    • 409 9 THE Chase Manhattan Corp expects to make sizeable commitments at home and abroad in the future to increase its earnings and help moderate its sensitivity to uncertain environments. President and chief executive, Willard C Butcher, said in the corporation's latest annual report that
      409 words
    • 266 9 JAPAN Airlines (JAL) and a European automobile club, Automobil of Switzerland (ACS), will now be identified on Visa credit cards. They will have their names placed alongside that of Visa in the blue band of the card. As they are not financial institutions, the
      266 words
    • 134 9 BANCO Do Commercio E Industria De Sao Paulo has signed an agreement to issue US$l5 million of threeyear floating rate certificates of deposit based on the Singapore inter-bank offered rate (Sibor) through its Cayman Islands branch. The lead-manager for this Asian offshore issue is the Citicorp
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    • 418 9 THE U.S. dollar closed sharply firmer against the yen in active trading, but gained slightly against other major currencies in quiet trading, dealers said. They attributed the dollar's strength against the yen to commercial demand in Tokyo and a belief that the death of the former Shah of
      418 words
    • 151 9 THE U.S. dollar firmed against the yen in active trading during the day and held steady against most other major currencies, dealers said. They attributed the stronger dollar to commercial demand in Tokyo and a belief that the death of the former Shah of Iran might alleviate the hostage
      151 words
    • 214 9 THE U.S. dollar for overnight delivery yesterday closed sharply firmer at 226.75 yen, compared with a 225.30 opening and 224.90 at lasrt Friday's close, dealers said. Trading was active with volume $983 million. The dollar fluctuated between 226.50 and 226.80 yen in light late trading, after rising initially to
      214 words
    • 217 9 THE U.S. dollar opened on a firm note yesterday in very quiet early trading to hold gains scored against sterling and most continentals in New York late Friday last week. Dealing activity was subdued as dealers weighed the implications of the Federal Reserve discount rate cut and the weekend
      217 words
    • 176 9 ASIAN ASIAN currency deposit Interbank rates as at close on July 28: 7 days 1 month 2 months 3 month* 0 months 9 months 12 months US DolUn(gMt) Offer BM 8* 8* 9* 9H 9* 9* 95/16 9 3/16 9M 9* 911/16 99/16 9 13/16 911/16 tain. IMUJI. DM MI
      176 words
    • 46 9 RANGE at prim ottered by di» count houses on July 38: Overnight: 6H -615/1®% Call deposits 6V. Cioiiai B-TiM SelliM 3-month Treasury bills 6% 6% 3 month Bank bills 9Vi 9H 3 months CD 813/16 811/M 6 months CD 8% 8H Source: National Discount Co
      46 words
    • 22 9 THE average rate pt which major Singapore banks are currently prepared to lend to their best customers is 11.1 per cent.
      22 words
    • 341 9 GOLD futures in Singapore yesterday closed easier compared with last Friday's closing in moderate trading, dealers said. October and December contract prices fell around US$lO an ounce around the morning opening on news of the death of the former Shah of Iran, but the fall was overdone and prices
      341 words
  • Page 9 Advertisements
    • 87 9 ■3] pmmm rgi m > fki r itThe famous Pik Wah Restaurant chain opens up in Singapore at the Hotel Royal. The Pik Wah Restaurant chain has been delighting with its finest cuisine in Tokyo, Kuala Lumpur and Petaling Jaya Savour all the flavours at the Pik Wah Restaurant. We
      87 words
    • 87 9 This announcement appears as a matter of record only. Multibanco Comermex, S.A. (Incorporated with limited liability in the United Mexican States) U.S. $25,000,000 floating rate certificates of deposit due 1983/85 Scandinavian Bank Limited Bank of America International Limited Abu Dhabi Investment Company Alahli Bank of Kuwait K.S.C. Banque Nationale de
      87 words
    • 8 9 E/otic Food (war kbdyy wn 111 >61 SllS
      8 words

  • 1553 10 BUSINESS DONE ON THE SES THE KLSE BID and offer prices officially listed. 40d hnstness in and reported to ttae Stock Exchange of Singapore yesterday with the number of shares traded shown la brackets In lots of 1,000 nalts, unless otherwise specified. SECTION ONI INDUSTRIAL COMMERCIAL Ami (1328 3408) (7)
    1,553 words
  • 74 10 UitoeSpererJed" 11 htMV) LM* L15V* INCOME BOND UNIT (Oil |Hm) IT l—l B—d 1_M 1.30 MUANMD B'putra Second B'putra Third B'putra Fourth B'putra Kth B'putra Sixth B'putra Seventh B'putra (A) Seventh B putra <B) Dfhth B'putra (B) Ninth B'putra Tenth B putra Warrior Invent Fund •unu krMI) AM
    74 words
  • 2774 10 1980 Hifk Low Coapur Last Sale +orGr*« Div DiT C*TT Gr"s YTd Net P/E Vol ("OOOI Day Higk Low 8ECTION ONE INDUSTRIAL COMMERCIAL 370 223 149 110 330 81 3S2 424 312 414 245 Aetna 220 Alcom 116 Allied Choc 140 BAT 270 Bata 80 Ben 275
    2,774 words
  • 1689 10 BID aad offer prices officially listed and bu tinea in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of share* traded shown in brackets in lots of 1,000 units, unless otherwise specified. MDUmULS IJiiMHi (1MB) ateMß (USB Z.JSS) (1) 131 A (3m (1.385)
    1,689 words
  • COMPANY MEETINGS
  • 668 10 BUYING (Nfltan wavered Mag the laat kear activity at the flfapain sleek mtM yesterday ami slipped SuLxed'eSt! MTSS «MP»tjjMewW ever Bat galas wen pared lawards Ike etoee aa sellers tread was rspsrted. Tke Haag Bea( ladex, aa by mere tkaa 2$ petata dsrtag tke
    668 words
  • 630 10 PROFIT-TAKING in the afternoon forced prices to a mixed close at the Kuala Lumpur stock market yesterday. Trading was selective and slightly cautious. The market was fairly steady at the onset, thanks to carry-over interest from last Friday's strong push. However, the flow of support weakened towards
    630 words

  • COMPANY NEWS
    • 608 11  -  CONFIDENT OF 20pc PAYOUT By CHOO AI LENG BUKIT Sembawang Estates is confident that it can declare a dividend of not less than 20 per cent for the current financial year even if profits from development projects phases 17 and 18 in Seletar Hills cannot be
      608 words
    • 700 11  -  By P. GUNASEGARAM JACK Chia-MPH Ltd has emerged as a well-diversi-fied group with improved growth prospects as a result of acquisitions made in the last five years. London stockbroking firm, Laurence, Prust and Company, expects the hotel and property division to become the most profitable division
      700 words
    • 161 11 rubber palm ofl kemd ffb Company Mos tons tons tons Austral Ent 1,152 208 Ayer Molek 34.883 95 Ayer Hitam 90,266 Batu Kawan 198,458 2,291 Batu Litang 331,116 2,175 Bedford Plant 36,735 154 Benta Plant 232,000 808 172 4,042 Bukit Katil 17,596 585
      161 words
    • 23 11 Ilggi copra (tons) cocoa (tons) Con Plant 225 Dunlop Estates 65 Kempas 76 United Plant 274 96
      23 words
    • 180 11 LOWER Perah Tin Dredging has reported a drop la Its pre-tax profits (rem $1.54 million to $757,1N la the year to Apr M, 1181. The fall eame amid a significant redaction in its tin eatpat (rem 4,531 picols to $,114 ptcals. This was dne
      180 words
    • 314 11 BERJUNTAI Tin Dredging achieved a slight profit improvement for the year ended Apr 30, 1900, due mainly to a sharp recovery in the second-half. Pre-tax profit of the company rose 7 per cent to $45.84 million against a 14 per cent earnings decline suffered in
      314 words
    • LATEST RESULTS
      • 64 11 I has reported pre-tax profit for the six months ended Jun 30, 1900 of MsB.Bl million compared with $5.81 million the previous period. Earnings per share is 22.12 cents against 29.41 cents lyThe company is declaring an interim dividend of 35 cents per share to shareholders on
        64 words
    • 183 11 PAN-ELECTRIC Industries has transferred four of its 27 vessels recently acquired from Asiatic Navigation to a newly-formed subsidiary called Selco Vessels. The wholly-owned subsidiary, with a paid-up capital of $500,000, will own these four vessels worth a total of $2.43 million. It is understood that two or
      183 words
    • 450 11 SETRON (Malaysia)'» pretax prsflls fer the earreat year to Dee 81, 1888 are expected to mere thaa deaUe to at least $1.71 mint—agalast 191Tb earalags ef mm. H* eptlmlstie fereeast, made la Ito righto dseaaieat released ever the weekead, will give grew earalags
      450 words
    • 534 11 mm HOCK LOCK SIEW THERE is nothing in present corporate laws prohibiting the nominee system of share ownership. In fact, with the growth of managed investment, it is becoming a common practice for nominee companies to act as trustees for a number of investors and hold shares
      HOCK LOCK SIEW  -  534 words
    • 390 11 UNITED Overseas Finance, United Overseas Baak and United Overseas Iasaraaee said that as at the end of the second quarter of 1980, 1.35 per cent, 15.19 per cent and 11.67 per cent respectively of the issued ordinary share capital of the companies were beneficially owned or controlled by
      390 words
  • Page 11 Advertisements
    • 475 11 Think about Biomechanics. Stop for a moment and analyse what is the true function of the modern motorcar. Is it to simply travel from A to B in the shortest possible time? Or is it to transport yourself and your family in safety and comfort, efficiently and effortlessly? Hie latter,
      475 words

  • 136 12 Reuter THE EUROPEAN Economic Commission has reached agreement with steel producers in all the member countries, except Italy, on cuts in steel production to stabilise prices. It had proposed to European steel makers that they should cut output in the second half of this
    Reuter  -  136 words
  • 659 12  -  By FOO CHOY PENG THERE are no plans at present to make Asean a customs union. The main concern now is to reduce tariffs among the five member-countries to promote intra-Asean trade. But Malaysia suggested at the last Asean economic ministers' meeting that the
    659 words
  • 229 12 Reuter BANK of Japan governor Haruo Maekawa said the bank will stick to its tight money policy, introduced last March, until it becomes clear that Japanese consumer prices have definitely stabilised. He told a press conference that a lowering of the bank's official
    Reuter  -  229 words
  • 382 12 MOST local consulting engineers tend to confine themselves to certain disciplines and, being small, can undertake only limited range of development projects overseas. To correct this trend, the Association of Consulting Engineers has made several proposals to the government aimed at developing and upgrading the consulting
    382 words
  • 348 12 AFP IN A MOVE to stimulate economic activities, Philippine President Marcos said yesterday he will sign an order by Aug 1 to reduce tariffs and to liberalise imports. He also announced some tax measures to support the national budget of about U557,300 million for 1981. In his speech
    AFP  -  348 words
  • 751 12 LONDON, Mon. Share prices were easier in quiet trading with few features noted, dealers said. At 3pm, the FT index was down 3.4 points at 483.9. Industrial leaders were generally a penny or two lower in a subdued start to the new account. BP was down 2p at
    751 words
  • 473 12 AFP THE FORMER Shah of Iran is scheduled to be buried in Cairo today with full military honours, including a 21-gun salute by the Egyptian armed forces. Mohammed Reza Pahlavi's funeral cortege will be led by his most loyal friend, Egyptian President
    AFP; Source: AP photo  -  473 words
  • 322 12 Reuter FIREFIGHTERS from Mobil Oil Indonesia early yesterday doused a gas (ire which had raged for nearly four months at its Aran field in Aceh, Sumatra. Oil industry sources said the fire, which drove nearly 3,000 Indonesians from their homes and
    Reuter  -  322 words
  • Page 12 Advertisements
    • 239 12 Aovamtamur Accountant Does Tango In Boardroom A respected accountant recently broke with tradition and began tangoing in his company's boardroom. The reason for this spontaneous outburst was due to a particularly pleasing annual report. Said the accountant in an interview, "Things have really gone well this year. Last year, rising
      239 words
    • 3 12 8M page I
      3 words
    • 294 12 Business Times National Day Supplement m ■fm Business Times this National Day focusses on the human factor as the single most important element in Singapore's plans to achieve developed country status by the end of this decade. This supplement concentrates on the critical problems facing a nation bent on creating
      294 words
  • Page 12 Miscellaneous
    • 65 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in a few places from late morning. Report It 24 hours prior to 7J9 p.m. on July 28 At the airport. Maximum temperature 31.7 Associated humidity 67 Minimum temperature 24.0 Associated humidity 100 Hours of sunshine 7.65 Rainfall in
      65 words

  • SHIPPING TIMES
    • PORTSIDES
      • 84 13 THE International Transportworkers Federation has accepted an invitation to meet representatives of the world's leading shipowners to discuss differences over sub-standard ships, wages and conditions. The conciliatory move from seafaring union delegates at the ITF Congress in Miamia, Florida late last week follows a call for top-level
        84 words
      • 111 13 SALVAGE experts believe the stricken oil tanker Energy Concentration, which lies with her back broken in Europoort, Rotterdam will be repaired. There has been speculation that the vessel owned by United Petroleum Carriers, a member of the C Y Tung group may be declared a constructive total loss.
        111 words
      • 79 13 AP A 2,000-ton Soviet freighter and a 47-ton Japanese fishing boat collided last Sunday in the sea of Japan west of Hokkaido, Japan's northern-most island, authorities said. The collision between the Krasno Gorskles and the Daisan-Kihomaru occurred 20 kms west of Okushiri Island. The Soviet vessel was
        AP  -  79 words
    • 808 13  -  By G DURAIRAJ THE private sector should have wider participation in a second national shipping line should the Malaysian Government decide to proceed with a proposal to form it. This was suggested by several Malaysian shipowners and shippers who unanimously supported the
      808 words
    • 561 13 sktnfegUM Page M ShtpptagUM P M® CM Adriatic IV 5 Fesco V 1/2 Afea VI 3 Flotta Lauro V 5 Afro-Eurasia vn 1 Fortune VI 5 All trans VI 5 Franco-Belg m 4/5 Alpac VI 5 Frata NVOC VI 2 Angkutan VI 4 Frota Line V 4
      561 words
    • 482 14 AP AN; IRISH tribunal has blamed two giant oil companies) for their role in the loss of a.121,000-ton French tanker Betelgeuse that exploded whi% taking on ballast after unloading at Bantry Bay terminal last year, killing 50 persons. The 500-page report, released last Friday,
      AP  -  482 words
    • 299 14 THE American Bureau of Shipping (ABS) has published the "Guide for Building and Classing Industries Systems". It is intended to provide guidance in the designing and building of offshore facilities for petroleum processing, chemical processing, electrical power generation and other industrial operations. The guide was published in
      299 words
    • 921 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival Is advised by the Shipping Line/Agent and Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during the following
      921 words
    • 1238 14 BROKERS on Friday reported quiet chartering throughout all sectors of the freight market. North American grain charterers covered wheat from St Lawrence to Le Havre at 121.85 with August loading and heavy grain from the St Lawrence to Antwerp/ Hamburg range at $14 for Aug/Sep. Tonnage was arranged
      1,238 words
    • 1108 15 FT WHEN the history of supertanker casualties is written, the loss of the 212,269 dwt Energy Concentration will probably rank alongside the sinking of the Amoco Cadiz and the Torrey Canyon, in terms of its repercussions. All three ships foundered along the coasts of
      FT  -  1,108 words
    • 254 15 AMERICAN President Tin— has Introduced a new computerised on-line cargo delivery system which will make it possible for the US Customs Service and other governmental agencies to select import shipments for inspection. The new system will result in considerable savings in time and
      254 words
    • Article, Illustration
      510 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Glorious I (ro-ro) (2300 after Kota Ma war) 10/11 Kyoten Mara (0730 tide) 29/30 Manoloeverett (0730 tide after King Dragon) 25/26 Nancy Lykes (1500 after Kwang Chow) 46 Oceania Star (1500) 19 Stolt Falcon (tanker) (2000) 15/16 Tadeusz Ocioszynski (after Fuso Mara)
      510 words
    • 2176 19 SCHEDULE A guide to ships loading at Singapore for Ports around the World Ihe 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
      2,176 words
    • 206 20 Brown and Root, the US marine construction company, has dismissed SO workers from its Labuan fabrication yard. It made the move because orders for offshore structures lately have not come in as fast as it anticipated. The company says the reduction of its work force
      206 words
    • 616 20 TRAFALGAR HOUSE took another step along what many see as the path to complete disinvestment from the marine industries with the sale of Offshore Marine to the Houstonbased Zapata Corporation in a deal worth £21 million. The consideration comprises £7 million cash and Offshore
      616 words
    • 242 20 ONE of the most important roles of the Far Eastern Freight Conference is to act as a sounding board for shippers' councils in Asia and Europe said its chairman, Mr Hans Jacob Kruse. Speaking to the magazine Containerisation International, he said this irapor-
      242 words
    • 134 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 Lines. Neptune
      134 words
    • 1536 20 The leading shipping lines operating from local ports and the agents who handle cargo bookings for them. A B AcMpelege R T Transportation (S). Adriatic Ceatalaer Continental Feeders (S)/Cargo Freight (PK). AFEA Singapore Shipping Agencies (S)/Euro-Asia Line (PK/PN). Afra-Eararia Use Transgroup Pte Ltd (S). Alfred C.
      1,536 words
  • Page 13 Advertisements
    • 323 13 SERVICE TO SOUTH EAST ASIA. ALSO PROVIDE REGULAR SEMI-CON-TAINER SERVICE FOR THE PERSIAN GULF AND RED SEA PORTS. See Page V w lARDIM AN I AH Orient Overseas Co*dameA. Line FULLY CONTJUNERISED SERVICE TO EUROPE I CNN CONTMR 7* 10REMJMXMM 1/8 IKMW MKT 1* 7/8 cmui W 23* 15/8 T.N.WRK2*
      323 words
    • 243 13 sail SEALORI) UU ANTAH H UASC UNITED ARAB SHIPPING CO (SAG) ARABIAN GULF EXPRESS MULTI-PURPOSE SERVICES Loading for Mma 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 Vessel AL WATTY AH V.7 Loading for M. WATTY AH
      243 words
    • 14 13 mm CONTAINER Schedules LONDON Freights SHIPS In Port SHIPPING List REGIONAL Weather THE Consortia
      14 words
    • 626 13 Hapag-Lloyd Fully contair>erised to Europe and United States. Regular, reliable and on time. MAERSK LINE EXPORT TO U.S. PACIFIC, GULF, ATLANTIC, EAST CANADA AND ASIAN PORTS E2E3EH EESSS KISSES In Port 54/1 11-12/1 19-20/1 25-26/1 2-3/9 Singapore Closing Times a 3RD AUG 1500 hrs CFS 2nd Aug 2400 hrs TO
      626 words

  • Page 14 Advertisements
    • 723 14 LEO SHIPPING PERNAS-MISC PTE LTD SHIPPING AGENCIES SON BHD SINGAPORE PORT KELANG PENANG MALA YSIAN HTERNA TIONAL SHPRHG CORPORA TtON BERHAD Eontajnor Sorwto f w»c ■B MmPM| rw. J) Barcelona. Genoa. 2) Amsterdam. Antwerp. LHawe. Bdbao. Basle. UK. 3) Bremen. Bremenha»en, Aartws, Copenhagen, Helsinki 4) Mahno. Stockholm, Oslo -'Accepting Europe
      723 words
    • 334 14 BIS SUPERCARRIER SERVICE WEEKLY SERVICE TO PANAMA, US ATLANTIC GULF AND E. CANADA AMm ftta I ttTOK I CM Naa U+ CM hn N Tat Mm St Ma AO. 12/8 M/t •10/1 'hMqfa CaUai a* tSTOC CM Man Snk CM* 9Mra M Tat torta, St Ma AOn HmM Nafcfc 22/8
      334 words

  • Page 15 Advertisements
    • 856 15 Overseas B m Containers Limited Weekly service to/from UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok cowtmosht sonnet ro m/ TMMEipen ah *Tmmihi S*pere P Jbtoat D'nort Brw* to Pert II ta| 21 Ami 3 AMI 21 AMI 23 A* 4 Ami 25 AMI 27 M| Ami
      856 words
    • 396 15 rfc* Franco Belgian Services t F-t» h i b>< i >« tr» i'.h /<> mn .> h :s*« r»: t»» 1 —WOK P. (ELMS U Nmn rta HW| ntm* I'm* Ito Hta| ritowi U Mm* *JMmi Mm Ik tat 21 Mr UN 19 Ml aM| 21 9* 23 ft* TAWS
      396 words

  • Page 16 Advertisements
    • 687 16 la Hapag-Uoyd S pore r. Ketone TO USA/gup* S>re PR (>« b**o Genoa Hburg B haven Rdaei Antwerp ,1/J 27/1 21/1 1/9 19/9 13/9 11/9 12/1 IVI 11/9 14/9 7/9 4/9 W 0/9 a/9 11/9 (CARGO TO ATLANTIC AND GULF PORTS VIA MtNtLANDBRDGE) CONNECT IN TOKYO rlDurgßhav- Warn lenavre r*
      687 words
    • 569 16 KOREA 5 LIME HIPPING CORPN t. Kebnf PENANG STORE ALTMIS3N SM Sid 30 My-2 Au| FROM BUSAN BANGKOK ALTIUR 154E Sld Sid 30 July-2. Auj TO BUSAN VEGA 151W 18-22 Auf 23-25 Auk 27 30 At* FROM BUSAN BANGKOK VEGA 152E 18/22 Aug 23-25 Auf 27-30 Au| TO BUSAN/HCHON KX
      569 words
    • 487 16 Te EVERGREEN LINE FAR EAST f'JROPE EXPRESS FUU CONIAINfR SERVICE ACCCPTMG CARGO FOIb HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP. LE HAVRE. ALSO ACCfPTWC CARGO FOR; UMTED IUNGOOM SOUTHAMPTON. LONDON, MANCHESTER. HRMMGHAM BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY Sbbrnbi HOLLAND nasTTtSAM EwUpi itai aim MM »N mi m tmlmki Ukm J** SM 1
      487 words
    • 631 16 Everett Lines! kj b 8 LOAUN6 FOt RANGOON MPM/29A* Y < Y A BOUSTEAO SHPRNG 22/*****9 "AB6EIIT'IIIETIATIOSAL\|I(ELOADMG FOt DURBAN, CAPETONN M M MONTEVDEO, BUENOS AM Spare ACONCAOA 17/11 Am r\ TramforucMN Mar it in RAcxkaM S. A. "MEXICAN NATIONAL LINE" FM EAST/MEXICO I COITML AMERICA SERVICE "or IMM Mvwgh Bi
      631 words
    • 509 16 A A A A A /j /I lA\ i A A A A A s A A s mo.s.E. OCEAN SHIPPING ENTERPRISES PTE LTD. IQI SANKYO LINE AUSTRALIA SERVICE imiMK l/TC 'j/i'llt Sfl" BANGLADESH SERVICE MAT SRY 25/21 fc* CMTTMONG. JAPAN/STRAITS SERVICE n i-.ru-,-.. Sh W" 1 P.M«| P««M| (MBOWCn
      509 words

  • Page 17 Advertisements
    • 745 17 PIL GROUP EAST AFRICA/REDSEA SERVICE A SING APORE/CHITTAGONG/RANGOON/SER VICES Singapore 0/10 Aug Loading For: Chittagong. Madras SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES SINGAPORE/INDONESIA/SINGAPORE SERVICES Mi rrt S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS/ VESSEL VOY. MANILA HONGKONG SINGAPORE BANGKOK HONGKONG MANILA *N«p. Zircon 148 In Port 1-2 Aug 7 Aug 10 Aug
      745 words
    • 814 17 BEN LINE CONTAINERS EVKU CONTMEX JBNCE TO/FROM EUROPE kmc rrnvw mm may* Sport P. Mm* WGaraaay/ tmabnhttmmf Fraacp v* a/i zvt tOt n/t vrt a/i 2/9 29/1 4/9 VI 14/1 U/l a/i a/i a/i wi a/i 2V9 NAME SOTO* Frpace MUft a/t r/i a/i a/i vi v« 7/1 VI 17/1
      814 words
    • 516 17 WEEKLY EXPRESS CONTAINER w SERVICE TO MiD/Ulf/Mf/o-Au l)«todNe2>rdaai 3)tOw|4)6>»| 1) Barctoam. imm la*art i) F»OM SCAN/NCftllt fkAfri l)Ctotn«W| DTtaa 4)Tdn i)UH 9 4 1) Mato* StucUnta (Mo. HM 2) Capei 4) Aateerp. I«Mh. UK 5) Bartatoaa. Gi MI U mseh accepta* Fa/fa a<an«ed»l Mir to IMb* UC. Pent* tor totter
      516 words
    • 496 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNON ft SOUTH AFRICA KIMKTAM SHGAPORE eta Revoon Durban Capetown Pt Efa (also accepting East London IEAVERBANK 19-21/8 22 28/8 4/9 10/9 17/9 20/9 and Maputo caifo) l£*f MB mni mr LOME I TUB LEU IKB Lukes Unas U.S. WEST COAST SERVICE tor SFO
      496 words

  • Page 18 Advertisements
    • 869 18 > K LINE KAWASAKI KISEN KAISHA. LTD EXPRESS CONTAINER SERVICES TO NORTH AMERICA Cap** acopbWi tar (MM. Imcmmr, Mmt, Itata, Umta. Nnr Ohtw TO EUROPE S'pore P Mtang I Hwre R'tfam tfburg Bremen A'were C CONTAMER 7W |535 ETPSI 16/8 17/« 21/8 22/8 24/8 K lACEJM 6W l/« 2/8 20/8
      869 words
    • 509 18 CALEORIHA/PACHC NORTH WIST SERVICE EXPRESS CONTAMU/KEfU SERVICE u- 10,1 1 AUSTRALIA EXPRESS CONTAINER SERVICE i" i 1 run-in NEW ZEALAND SERVICE Im*| ter HBK LTTTUTOI NBUBIfIR. WCXUM '■■■ri ii JAPAN SERVICE Lm*| tar N* Irtt. Oufca. Nof«ya. 'Mm sire, INDIA SERVICE HOREWARft Stapp«e PJUa* rw. M "VBMVA QCTMA'" 14/15 A*
      509 words
    • 512 18 O A (ii'oun SINGAPORE SHIPPING AGENCIES PTE. LTD 20TH FLOOR OCEAN BIMLDING SINGAPORE 0104 VARKETI'.G *****2 i 3 LINESI GENERAL 91 Jlll 114 L iNf S' TERMINAL OF FICE *****83 TELEX RS ***** R.S 2SS6B A B CARSHIP CABLE C ARGOSHIF jI" 11 n 111 Itcjiiwiial "■"''•.'".ll. 1 (loiitiiiner Lines
      512 words
    • 595 18 151 GRANARD LIME INDEPENDENT ATTRACTIVE RATES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO PCI ONLY FOR. PORT SAID. ALEXANDRIA. BEIRUT. LATTAKIA. UMASSOL ISTANBUL A PIRAEUS Specially engaged agents A stevedores providing immediate discharge MM OCONC Ml* -C*| tot Sate. Mat 4 ijttjfcu I HV MM SMC V.3SC M*. MM OCONC
      595 words
    • 572 18 INTRASEA (PTE) LTD f-.iber House 234E Orchard Soad Singapo r e 9 Telephone *****H *****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S>n r.K*« IS Ami 22 AMI IK (A VON)/mi CAEN m>* MTMStA (PIE) LID 2352(11 BOOUNG *****57 ■pv- YEO SWfMC I TRAUNG 410(44. *****2, 400(71 MM|- NTEX OVERSEAS
      572 words

  • Page 19 Advertisements
    • 541 19 NEPTUNE ORIENT LINES LTD FAR EAST/EUROPE FULLY CONTAINERISED SERVICE TO EUROPE/UK (VIA SUEZ): C. CONTAMEX K. IACUN+.. N. GARNET C. PALI TW BMDGE C. ROZE K. JACEWON... S'pore Sailed 1/8 7/8 15/8 19/8 28/8 3/9 Abo accepting cargo to/from Scandinavia P. Ketang Havre In Port 16/8 JACEJIN S'pore Closing Times:
      541 words
    • 153 19 TRUCONTAINER EXPRESS INTERNATIONAL (S) PTE LTD Suites 1311/1312. Stew Toms. Beach fid, Singapore 0718 Regular Container Service accepting FCI/ICL Cargo for Australia All Ports New Zealand Auckland, Lyttleton Sri Lanka —Colombo United Kingdom —All Major City Terminals. Call *****81. HAJ SHIPPING SDN. BHD. Express Unitload Service from Port Klang and
      153 words
    • 223 19 CORPORATION 3^> It plaasatf ti laaaaaca tfca WNCWMt if i rtf lif —till LASH sanflca •fViriai car|« spaca fraai Saath East Aslm parts ta U.S. Atlaatic. 6alf art Mississippi Rhrar parts. The first sailing will be the vessel Voy. Pen** W Kdanf Sinfipore "GEORGE WYTHE" (BH. 1974) WSCI Ctosinf Closed
      223 words
    • 150 19 S3@®S] Sl®S9@ SL&KT® 35 HONG KONO STREET TEL: *****6,911*34 TELEX: R*****0 HON SHIP REGULAR SERVICE SINGAPORE/WEST MALAYSIA/PORT LOUIS ETA POST KEUMG EH ftNNK M.V. "JOO NAH" 30/8/S0 4/9/99 7/9/* ETA PENANG ETA POtT KEIAMG ETA SMGAPORE M.¥. "JOOCMUAN" 20/9/90 24/9/90 27/9/99 PALM OIL CARRIER REGULAR SERVICE TO EAST/WEST MALAYSIA ETA
      150 words

  • Page 20 Advertisements
    • 154 20 If you want to reach manufacturers, exporters and importers, then Shipping limes medium for you. If you're a freight forwarder or in anyway connected with the shipping and cargo business, Shipping Times has just the space for you. You'll be reaching a very select group of people. People who need
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  • Page 20 Miscellaneous
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