The Business Times, 24 September 1980

Microfilm: NL10756
Total Pages: 20
1 20 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 111/1/8« WEDNESDAY, SEPTEMBER U, 198$ 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Trouble with neighbours
      85 1 AFP PARIS, Tues. Former Iranian Premier Shapur Bakhtiar, who left his Paris flat because neighbours complained they were afraid after an attempt to assassinate him last July, is today in trouble with his new neighbours. Mr Bakhtiar left his flat in Neuilly, where many diplomats live, to
      AFP  -  85 words
    • Article
      Lock icon Aircraft crash
      44 1 Reuter NEW DELHI, Tues. Four Russian-built combat aircraft crashed in or near Kabul earlier this month, according to delayed reports reaching here today. The crashes are lending weight to rumours in Kabul that anti-government forces in Afghanistan had acquired anti-aircraft weapons. Reuter
      Reuter  -  44 words
    • Article
      Lock icon Appeal fails
      60 1 AP JERUSALEM, Tues. The Israeli Supreme Court has ruled against army recruits who refuse on grounds of conscience to serve in Israelioccupied Arab lands. The three-judge panel threw out an appeal by private Gadi Elgazi against orders to serve in the occupied West Bank, and said the army
      AP  -  60 words
    • Article
      Lock icon Ministers to meet
      39 1 Reuter JAKARTA, Tues. Energy ministers from Asean nations will meet in Bali next Monday to discuss cooperation in energy. At the same time industry ministers will also be meeting in Bali to discuss industrial cooperation. Reuter
      Reuter  -  39 words
    • Article
      Recourse to law
      30 1 MANILA, Tues. Filipino domestic workers, mostly women, have complained of rape, maltreatment, unlawful detention, excessive working hours and contract violations in Lebanon, the Foreign Ministry disclosed today.
      30 words
    • Article
      Lock icon Plea falls on deaf ears
      74 1 AFP MANILA, Tues. Many Philippine opposition members have slammed the door on President Marcos' call for a dialogue reportedly aimed at furthering "reunification" and "to stop efforts by some quarters to bring in a foreign power into the internal affairs of the country." Former House
      AFP  -  74 words
    • Article
      Lock icon Military exercise
      55 1 UPI KUALA LUMPUR, Tues. Australia is calling for a military exercise under the five-power defence arrangement because of the Vietnamese threat in South-east Asia, Australian ambassador C. G. Woodard said. The defence treaty comprising Australia, New Zealand, Britain, Malaysia and Singapore was started to replace the troops Britain
      UPI  -  55 words
    • Article
      Lock icon Dow Jones
      71 1 AP NEW YORK, Tues. Stock prices were mixed in active trading this morning. The Dow Jones average of 30 industrials, which closed yesterday at a three-and-a-half year high, fell 2.04 points to 972.53 in the first half hour. Gainers and losers were evenly balanced in the broad tally
      AP  -  71 words
  • Chief Price Changes
    • Article
      Untitled
      138 1 Rises Indices Pe*i Msia 785 120 B.T.Indicator: Sep 22 Sep 23 Jacks Int 290 90 9968.*****34.62 Public Bank 750 80 Industrials: 647.49 647.32 Oriental Hldga 000 00 Finance: 1185.74 1189.69 Taaek Cement Perlia Plant Mafinn Corpn 870 865 1520 55 50 40 Hotels: Properties: S39.96 539.34 532.94 528.95 Khong Guan
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    • Article, Illustration
      KUALA LUMPUR
      148 1 Rises Killing Hall 2500 Gopeng Con 3150 Public Bank 745 Oriental 585 Magnum 1540 Per lis 650 Tasek 660 PMRI 510 Rahman Hyd 1570 M Cabls 370 Falls Boustead 525 Kg Lanjut 730 A Hitam (T) 1660 N Iron 735 STrading 805 +400 150 75 +60 +50 +40
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  • Article
    Debates on MRT heating up
    636 1  -  REPORTS TO BE MADE PUBLIC By WANG LOOK KEAH THE go or no-go mags rapid transit debate is heating up as the reports of both the opposing tpams the Harvard review team and Wilbur Smith and Associates are being made public. A televised debate between
    636 words
  • Article
    UPP's share offer oversubscribed
    258 1 The public offer of 5.3 million shares by United Pulp and Paper Co (UPP) has been oversubscribed by nearly 10 times. Standard Chartered Merchant Bank Asia, the manager and underwriter of the issue, yesterday announced that 18,879 applications for 52 million shares valued at a total
    258 words
  • Article
    Iraq included in mission itinerary
    450 1  -  By I RONNIE LIM IRAQ will remain the first stop of a top-level Singapore economic mission to West Asia next month, despite current hostilities between that country and Iran. Sources said yesterday that government-level discussions with Iraqi ministers have already been confirmed for the sevenmember
    450 words
  • Article
    Jayakumar is 3rd PAP man
    558 1 CANDIDATES for the forthcoming elections should not be entirely banned from air time on the television and radio, says Professor S. Jayakumar, the third PAP candidate. Jayakumar, who is a board member of the Singapore Broadcasting Corporation, said that in his opinion, refraining completely from
    558 words
  • Article
    Two local banks raise prime lending rates
    296 1 TWO Iml baaka have nM their prime leadlag rates (PLB) la reapeaae to the tighter meaey market. Halted Oversea* Beak aaaeaaeed a half pereeatage petet laereaee la Its prime to 11 per eeat, while laiastrlal aad Commercial Baak became the Orst leeal baak
    296 words
  • Article
    Bank's new silver purchase scheme
    494 1  -  By RUTH CHENG SINGAPOREANS will find it easier to speculate in silver when the Overseas Union Bank (OUB) introduces its silver passbook account and sales of silver kilobars tomorrow. The silver passbook service is the first of its kind in Singapore. It allows an account
    494 words
  • Page 1 Advertisements
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      12 1 Singapore's Business World at your fingertips The Straits Times 0 •f Singapore
      12 words
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      Page 1 Advertisements Column 2
      140 1 ASIA RESEARCH BULLETIN BM This unique publication offers businessmen each month a comprehensive guide to the latest developments taking place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about 8.000 words each. There is a
      140 words
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      Page 1 Advertisements Column 3
      57 1 SHIPPING TIMES VITB maps lit commercial CHANNELLING private faads traiaiag plaa— 2 to HW War1d.......................... 1 AVIATION eempaay slgas IRANIAN warpiaaes kimk $lJm eeatraet 2 Iraqi cttlci 12 MALAYSIA Ml for taereaeed MARKETS react aerveuly to toartot tralflc I India Iraqi eaafllet 12 AIRCRAFT TV AND RADIO CROSSWORD WHERE TO
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      Page 1 Advertisements Column 4
      2 1 Le*4er...page I
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      Page 1 Advertisements Column 5
      67 1 >txir reliable partner in Frigen refrigerants Hoechst to Leader ...page < The reduction copier built on forward engineering. The Ricoh DTIBOOR RICOH The world's #1 copier. Success unduplicated! For more information call *****5 n\ e V£ DT1750 Wywy Private Limited Wywy Houm. 17, Long Km Road. Singapore 0315. Tot: *****5
      67 words
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  • TRADE AND INDUSTRY
    • Article
      VITB maps out ambitious commercial training plan
      442 2  -  By HSUNG BEE HWA THE VOCATIONAL and Industrial Training Board has mapped out an ambitious plan aimed at establishing a national system of commercial training in Singapore. To be implemented in stages from 1961, tbf system provides for three levels ortraining. Level I,
      442 words
    • Article
      TRADE TALK
      349 2 A GROUP of 10 Swiss officials will be in Singapore this weekend to promote six Swiss destinations to the local travel trade. About forty local travel agents are expected to attend the Saturday morning workshop which will be followed by a luncheon with local press and travel agents.
      349 words
    • Article, Illustration
      In the event of a fire...
      111 2 AN Australian company has developed a communication system (atove) to help evacuate people from a crowded building in the event of fire or natural disasters. The closed circuit system, produced by Werner Electronic Industries, is designed for public buildings, offices and hotels. Amplifiers on
      111 words
    • Article
      R&D at the doorstep of the consumer
      325 2 The foundation stone of Nestle's new research and development company in Singapore was officially casted yesterday by Mr S. Senn, general manager of Nestle responsible for Asia and the Pacific. Mr Senn said Eastreco (Eastern Research Company) will be unlike the company's other
      325 words
    • Article, Illustration
      KEVIN COMPLETES TIARA
      118 2 KEVIN Jewelry, a Jewellery consortium with gem design and cutting establishments in Singapore, Honolulu, Jakarta and Hongkong, has designed a tiara for Da tin Lee Chee San for her golden anniversary celebrations. Mr Norman Lai, managing director of Kevin Jewelry, undertook the design, inspection and selection of
      118 words
    • Article
      Acma not accepting any more licensees
      325 2 ACMA, a local producer of refrigerators and room airconditioners, will not accept any more licensees for the manufacture of its products. So far, the company has already entered into eight technical licensing agreements with companies in Malaysia, Thailand, Philippines, Sri Lanka, Pakistan and Nigeria.
      325 words
    • Article
      Lock icon SITE FOR STEEL COMPLEX PICKED
      175 2 AFP THE Malaysian government has selected an area in Telok Kalong near the east coast fishing town of Kemaman for the construction of an integrated steel complex. Trengganu's Chief Minister Haji Wan Mokhtar Ahmad said the Mssoo million project would use the power generated by
      AFP  -  175 words
    • Article
      MEMO PAD
      418 2 SEMINARS AND COURSES Sep 20-27: 3rd Asean Congress of Cardiology, Mandarin, Singapore Cardiac Society Sep 25-26: Budgetary Control A Company Performance Measurement, Hyatt, Price Waterhouse Sep 27: Quality Promotion and Motivation at Shop Floor Level, Hotel Equatorial, Sisir/SQRA Sep 29-90: Seminar on Motivation for Quality, Hotel Equatorial, SQRA
      418 words
    • Article
      Aviation company signs contract
      297 2 A LOCAL aviation company has signed a $1.3 million contract with the US Navy to undertake major maintenance works on a US Navy KC-130F Hercules aircraft. Singapore Aerospace Maintenance Co (Samco), is believed to be the first local company to be awarded a major contract for
      297 words
    • Article
      Growing importance of economic councils
      168 2 THE Asean private sector will look increasingly to economic councils it has formed in non-Asean countries as vehicles for greater economic liaison with Asean's major business partners. Speaking at the second annual general meeting of the Singapore Federation of Chambers of Commerce and Industry (SFCCI)
      168 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      155 2 EUROPEAN Asian Bank has appointed Dr Haas-Mar-tta Ksararf and Mr Jaergea Zleler as joint general managers few Singapore. They succeed Mr Frederick Brown who had been on secondment from Midland Bank since 1976. Dr Konrad comes from the bank's head office in Hamburg where he was a
      155 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      421 2 INVESTMENTS in the 1980's Shangri-la Hotel Orange Grove Road, Singapore October 2-3,1980 Organised by Applied Research Corporation and The Times Organisation This high-level conference will discuss specific opportunities for investment in the Asean countries and the perspectives of problems and issues in each of these countries. The viewpoints of both
      421 words
    • Advertisement
      Page 2 Advertisements Column 2
      49 2 Business Opportunities Independent. ACTIVE LADY with business acumen and experience has BUSINESS PROSPECTS TO MATERIALISE. desires to go JOINT-VENTURE with a partner who likes to expand his business MINIMUM CAPITAL required only. Correspondence strictly confidential. Replies assured Write to The Advertiser. Box no. 1015 Business Times. Kuala Lumpur 01-02.
      49 words
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  • REGIONAL
    • Article
      Lock icon Wide powers of arrest for Indira
      473 3 Reuter THE Indian government, faced with mounting difficulties at home, was given wide powers of arrest and detention yesterday. The powers, conferred by the National Security Ordinance, gives the national government in New Delhi and the country's 22 state governments powers to detain a
      Reuter  -  473 words
    • Article
      Lock icon No plans to reduce output
      128 3 Reuter INDONESIA will maintain present oil production rates, senior Indonesian Oil and Mining Ministry officials said. A spokesman for the state oil company Pertamina, commenting on reports that all Opec members, including Indonesia, have agreed to the production cutback, said: "We have not received any
      Reuter  -  128 words
    • Article
      Lock icon Beijing drawing up mining plan
      381 3 Reuter CHINA is drawing up a long-term plan and a mining law to facilitate development of its mining industry. Coal Industry Minister Gao Yangwen said new coal mines with a total annual capacity of between 100 million and 150 million tonnes are being built in
      Reuter  -  381 words
    • Article
      Lock icon China rejects Hanoi's proposal to resume talks
      296 3 Reuter CHINA yesterday rejected Vietnam's proposal to resume their stalled talks on reducing tension and said it was a trick for propaganda purposes and an attempt to deceive world opinion. The Chinese Foreign Ministry said in a note to the Vietnamese embassy in
      Reuter  -  296 words
    • Article
      Lock icon KL will stay out of military pact
      307 3 AFP MALAYSIA will not be drawn into any military pact with other countries despite the current political instability in the region, a senior foreign ministry official said in Kuala Lumpur yesterday. Malaysia, which had been working hard towards realisation of the neutralisation of
      AFP  -  307 words
    • THE REGION IN BRIEF
      • Article
        Lock icon AGREEMENT CONCLUDED
        455 3 Agencies THE Philippines and Thailand have concluded an extradition treaty and negotiations for such treaties with other member-coun-tries of the Association of South-east Asian nations are in progress. Philippine Deputy Foreign Minister Jose Ingles said the Philippine government will start negotiating extradition treaties with Singapore and Malaysia next
        Agencies  -  455 words
    • Article
      Lock icon Opposition divided on Marcos' proposal
      295 3 AFP THE Philippine opposition was split yesterday on President Marcos' invitation (or a dialogue and participation in his government. One group said it is in favour of the proposal while another group said it is not concerned. The Laban group, headed by elder opposition statesman
      AFP  -  295 words
    • Article
      Lock icon Upsurge in Iraqi vehicle orders
      225 3 AFP AP JAPAN has had a rush of orders from Iraq for large trucks, landcruisers and passenger cars totalling more than 64,000 units apparently because of the tense relations between Iran and Iraq. A Tokyo daily, the Mainichi Shim bun, yesterday reported that delivery is
      AFP; AP  -  225 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      914 3 "Quality is remembered long after price is forgotten? American Express, in conversation with Cardmember Dr. Aldo Gucci. fpppp n m 'V V Wm<. -Nl v :> i ?V yg# y». •fc "> V J V- > '-v.: > Hi W JiSll&S :>:/'• v C -SJ v? x II m™K sa
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  • RAW MATERIALS
    • Article
      Lock icon Mardec becomes largest producer
      367 4 AFP MALAYSIAN Rubber Development Corporation (Mardec), which produces 120,000 tonnes of standard Malaysian rubber annually, has become the world's largest producer of technically specified rubber. An article in Rubber Developments, a quarterly bulletin published by the Malaysian Rubber Producers' Research Association (MRPRA) says Mardec processed 18
      AFP  -  367 words
    • Article
      Lock icon BRAZIL'S BIG PLAN
      158 4 Reuter BRAZIL plans to boost rubber production to over 500,000 tonnes a year by the mid 1980s from the present level of 25,000 tonnes, said Jose Cesareo Meneses de Barros, president of Brazil's rubber industry controlling body. He said the country's US$l billion plan envisages the planting
      Reuter  -  158 words
    • Article
      Produce exchange
      174 4 CHINESE PndMe Exchtige, Singapore, eMag price* per IN kg yesterday. Ceeemt ell: Bulk fob 120.00 sellers, old drum (in second hand drum) fob $130.00 sellers, new drum fob 1136.50 sellers. Copra: Mixed (loose) $72.00 buyers. Pepper: Muntok white pepper fob Asta NLW $447.50 sellers, Sarawak white pepper faq
      174 words
    • Article
      RICE
      327 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.08, 100 per cent second class 0.95, 100 per cent third class 0.93, 25 per cent new crop no stock, B-10 per cent 0.80. THAI BROKEN: A-super 0.72, Special 0.68.
      327 words
    • Article
      WHEAT
      150 4 SOYBEAN futures closed weak on Monday at the Chicago Board of Trade, down eight cents in the nearbys to one cent in the back months. Prices settled on the bottom of a 20-cent range in extremely slow trade. Local evening up ahead of this week's USDA stock report dropped
      150 words
    • Article
      Straits Tin
      80 4 THE Straits tin price In Pnug yesterday me Msl7 to M 52,215 per pleil, to itftii $71 abeve the Internatlenal Tla Agreement ceiling, dealers said. The rise was maialy attributed to sterilig's strength against the rlngglt aid lewer ▼•lime si tin sffered. Sentiment was alss aided by a
      80 words
    • Article
      CLOSING PRICES
      39 4 Rubber: Sept 23 Singapore: Oct: 307.00 cents (up 6.00 cents) Malaysia: Oct* 310.60 cents (up 6.00 cents) Tin: M 52,215 (up $17) (equivalent to $36.62 per kilo) (up 28 cents) Official offering: 167 tonnes (down 43Vi tonnes)
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    • Article
      SOYBEAN
      104 4 WHEAT futures in Chicago on Monday closed 1V« US cents a bushel lower to up one cent in back months. Prices settled near the bottom of a nine-cent range in moderately active trade. Local selling due to a lack of buyers and in response to the market's failure to
      104 words
    • Article
      RUBBER
      285 4 THE SINGAPORE market yesterday closed higher with October One RSS buyers quoted at 307.00 cents per kilo, up six cents from Monday's close, dealers said. Morning prices were marked up about four cents on higher London advices, covering interest and speculative buying, they said. Afternoon prices advanced slightly on
      285 words
    • Article
      RAS PRICES
      313 4 RAS prices In cents per kilo yesterday: NOQi (per kilo) Buyers Sellers Int. 1 R.S.S prompt f o b. 299.50 300 50N Int. 1 R.S.S October ***** ***** Int. 1 R.S.S. November 310.00 310.50 Int. 2 R.S.S 293.00 2M.00N UK/Coot 292.00 293.00N Int. 3 R.S.S. 290.00 291 OON
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    • Article
      SSR and SMR
      121 4 NOON SSR ud SMR prim ymt artay RA8 Octal Mr Novaa ■tear (Cvrm Mjrtn f 1 Mth) (Forward Mth) Btjran Sallara SSR® (1 -too pallat) 264 60 266 SON 266.SO 267 SON SSR SO (1 -loo pallat) 261 SO 263 SON yw no K4.S0N MRELB SMR CV
      121 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows In Hongkong yesterday: (In HK dollars, spot exgodown) C«tUa yarn: China Blue Phoenix 20s 2,050 32s 2,625, 40s 2,890 (per bale of 400 lbs). Pleee China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly unq;
      193 words
    • Article
      LONDON MARKETS
      1011 4 COFFEE: Robusta futures closed the morning yesterday up from the session lows but still with overnight losses of £20 to £35 per tonne. Turnover was 1,831 lots including two options. Dealers said the maricet managed a slight recovery from mid-morning lows as earlier trade selling activity dried up.
      1,011 words
    • Article
      PALM OIL
      125 4 THE MALAYSIAN palm oil market yesterday weakened on lack of buying and the escalation of the border conflict between between Iran and Iraq caused operators to withdraw, dealers said. Trading was extremely quiet with interest mainly in the South, where October dropped Mslo to Ms76o per tonne. The
      125 words
  • ASIAN STOCKS
    • Article
      Bangkok
      250 4 Stock prices (ell in lacklustre trading yesterday, dealers said. First Trust (ell 2.50 baht to 52.50, Saha Union one to 177, Jalaprathan Cement two to 101 and Rama Tower three to 66 baht. SEPT 23 Ban u Asia Credit Asia Fibre 109 unch Ayuthaya In* And Trust Bangkok Investment
      250 words
    • Article
      Sydney
      400 4 REPORTS of more fighting between Iraq and Iran continued to boost the gold sector yesterday, but indications that Hongkong gold traders were unwilling to significantly improve on New York's closing gold quotes saw most stocks finish below their best, brokers said. GMK led the golds with a AJIIO rise
      400 words
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      Hongkong
      280 4 THE market yesterday opened strong in selective counters, but weakened rapidly in volatile trading, dealers said. Hang Seng Index: 13.12 5.66 Turnover: HKJ682.71 mil SEPT 23 HKS Amal Rubber Associated Hotels Bowaters 8 10 -41.1 Cheong Kong China Engs China Light 29 00 unch 21 90 unch City Hotels
      280 words
    • Article
      Manila
      105 4 SEPT 23 Peso* Oriental B XH9 0.002 Phil Ovfim* -03 unch Acok Minini 007 unch Philex A Atlas Con A Philex B HZ m* 0.0075 Alias Con B IZT' 4925 6.26 Picop A Baguio Gold .0054 Picop B Bengurt Con. B 112 8 Pioneer ZZ 0022 unch BK Goodrich
      105 words
    • Article
      Selected indices
      52 4 FINANCIAL TIMES INDU8TRIAL8 Monday 4873 Friday 404.4 Week Ago 800.7 DOW JONE8 AVERAGE INDUSTRIALS Monday «74.57 Friday 963 74 Week Ago 837 83 H.K.HANG 8ENG Tuesday 1308.12 Monday 1313.78 Week Ago 1222.83 SYDNRY INDUSTRIALS Tuesday 733.81 Monday 735.80 Week Ago... 728.80 ALL ORDINARIES Tuesday 886.46 Monday 883.17 Week
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      290 4 It may look like a calculator, but it works like a computer. The TI Programmable 59 calculator has more processing power than a giant 1962 computer. This remarkable machine has up to 960 programme steps or up to 100 memories. It also has magnetic cards that let you record custom
      290 words
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  • OVERSEAS
    • Article
      Lock icon Fed policy crucial to economic recovery
      599 5 NYT WHILE there is a consensus the US recession probably has ended, economists now believe the Federal Reserve will play a particularly critical role in determining the size of the recovery. At the same time, the Fed appears to be nearing yet another crossroad
      NYT  -  599 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      779 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL TMA TL375 0715 BEY/SHJ/KUL MAS MH621 0835 PEN SIA SQ101 0615 KUL RBA BI421 0930 BWN MAS MH671 0930 PEN/KUL SIA SQ2U 1000 HLP MAS MH605 1000 KUL CPA CX710 1005 HLP SIA SQ103 1000 KUL
      779 words
    • Article
      Lock icon Saudis backdate price increase
      211 5 AP SAUDI Arabia, the world's largest oil exporter, is backdating to August 1, the US$2 crude oil price increase to $30 a barrel it announced last week, a reliable industry source said on Monday. The Saudi increase will most affect Exxon Corp, Standard Oil Co of
      AP  -  211 words
    • Article
      Lock icon Stolen stocks reappear
      157 5 AP HALF of an estimated US$l2 million in General Motors Corp stock stolen from the vault of a Wall Street brokerage company has turned up in Switzerland in a transaction handled by Merrill Lynch, Pierce, Fenner and Smith Inc. The Federal Bureau of Investigation and New York
      AP  -  157 words
    • Article
      Lock icon EEC to decide on Nissan, Alfa deal
      194 5 AFP THE European Economic Community (EEC) commission will rule "as soon as possible" on the Joint car production agreement conditionally approved on Saturday between Nissan of Japan and Alfa Romeo of Italy, a source close to the commission said yesterday. The source said
      AFP  -  194 words
    • Article
      Lock icon Japan loses out in trade embargo
      395 5 Reuter UPI JAPANESE Foreign Minister Masayoshi Ito said yesterday France and West Germany had increased their trade with the Soviet Union at Japan's expense during the trade embargo imposed by the West following the Soviet invasion of Afghanistan Mr Ito told a press conference
      Reuter; UPI  -  395 words
    • WORLD IN BRIEF
      • Article
        Lock icon PROTECTED NOTES
        379 5 Agencies THE House of Represents tives adopted a bill protecting journalists' notes from searches by federal, state and local police. The bill, which is supported by President Carter, still must be approved by the Senate before it can be signed into law by the president. It conflicts With
        Agencies  -  379 words
    • Article
      Lock icon UK OUTPUT FALLS
      217 5 Reuter BRITAIN'S GDP, measured by output, fell 2 per cent between the first and second quarters, compared with a preliminary estimated fall of 1.5 per cent, and an upward revised one per cent fall between the fourth quarter 1979 and the first quarter this year, Central Statistical
      Reuter  -  217 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      34 5 CREATIONS THAT ARE MORETHAN JUST GIFTS m. s* Created exclusively by ANDER THE specialist designer and manufacturer in Singapore. 2UIL nnOERTIES BUDGES mFV.IPIEI LTD. «»-«IA.Low»n» >»A.G»y<«n t lWm U3» T«t 4«3012.44M2W CaM« "ANOC NCO ;,;:+(+):?@~$/((/>+%'+>)@<)/-@.
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      Page 5 Advertisements Column 2
      177 5 FROM MORE TO MOST... NOW EVERYDAY CATHAY MCIFICS MAGNIFICENT DM7 TO HONG KONG. Most popular aircraft, at the most popular time. Now Cathay Pacific's brand new 8747 departs daily for Hong Kong at 11.00 am. Most flights 25 per week. Most seats 7,094 per week. Most departure times early morning,
      177 words
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  • Article
    MRT decision is urgent
    405 6 IT IS APPROPRIATE that assumptions made in earlier studies on the MRT should now be reviewed before a decision is taken on whether to go ahead or defer the scheme. Thus, the Harvard team has been given the task of reviewing the assumptions made half a
    405 words
  • Article
    Only for those who want to speculate
    341 6 A COMMON criticism often directed at the local financial sector has been its lack of creativity and imagination, particularly in commercial dealings. In the banking sector for example, the age-old schemes and instruments that have been in existence for decades and even centuries
    341 words
  • Article, Illustration
    Lock icon M'sia all set for higher tourism rate
    1239 6  -  The sun will shine more radiantly on Malaysian shores. It will beckon more visitors to bask in its glory. Malaysia can anticipate more visitors as all signs now point to an optimistic outlook for the Malaysian tourist industry, lata, for example, has said
    Depthnews  -  1,239 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      40 6 I ■I V We don't only specialise in aviation insurance t Why not give us a call on 223-0066 and talk to Mike Hearn or K.C.Quek Bowring handles all classes C. T. Bowring Singapore Pte. Limited, Insurance Brokers and Consultants
      40 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1268 6 RADIO The mighty micro foMs tfce WE ARE serry to see the Inst sf Portraits Of Power. la Hi plnee, fortunately, is nn abet the 'The Mighty Miere: The Coming of the Micro processor* Is the first episode which reveals the invention sad basic principles nnderlying the amasiag micreprecesser. This
      1,268 words
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  • Article, Illustration
    Lock icon Channelling private funds into Third World development
    684 7  -  INTERNATIONAL FINANCE CORPORATION By DAVID TONGE FT WHEN A Chinese delegation visited Washington to discuss relations with the World Bank, the International Finance Corporation was, it seems, invited to attend almost as an afterthought. The World Bank (at length) and the Corporation (briefly)
    FT  -  684 words
  • Article
    Lock icon If Iran-Iraq war worsens
    544 7  -  ronpMdiaM with MEL LAYTNER UPI THE WEST faces a greater potential threat to its oil supplies than at any time since the 1973 Middle East war if the fighting between Iraq and Iran spills over into the Persian Gulf area. So far, both sides have carefully
    UPI  -  544 words
  • Article
    STRAWS IN THE WIND
    214 7 TELECOMS, ue of Singapore's more progressive statutory bodies, has clearly come to the conclusion thai it might aa well capitalise on what Is, after all, a fact of life. Pages 328 and 529 of the Yellow Pages Buying Guide are devoted to large illustrated advertisements of
    214 words
  • Article, Illustration
    Lock icon Developing roles
    1663 7  -  OCCASION: World Bank/ International Monetary Fund annual meeting: PLACE: Washington DATES: Sep 30 to Oct 3 PROBLEMS: The conflicts between rich and poor; The challenge to American authority; The blurring of distinctions between the World Bank and the IMF. CLYDE FARNSWORTH reports. CLYDE FARNSWORTH NYT ALMOST as an
    NYT  -  1,663 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      130 7 T: WBm V V <* > H < BH 4 > w §H u sm Wfe'ie rightwheie the action is. If you're looking for speciality chemical products, marine flooring, hoses, dock fenders, belting and general rubber goods, there's really just one name you need to knew: DUNLOP. Because Dunlop Industrial
      130 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Paris
        277 8 SEPT 22 Frs. CORBEILLE Air-Liqutde 452 -8 B S N Gervals Danone 965 -5 C S F (ThomsonCsf I... 510 •1 Ci* Francaise des Petroles 221 -4 Compagnle Financiere Compagnie Gene rale 397 50 -4.5 Credit Koncier De France 425 -6 Hachette (Libra irie) 259 -9 Machines Bull 55
        277 words
      • Article
        Frankfurt
        220 8 SEPT 22 Dm Aeg-Telefunken 87.50 -1 Akzo 3000 A1U Lrbrn 1066 00 5 Allz Vers 455.00 1 BASK 131 40 -06 Bay H T Wbank 262.00 -Z1 Bay Vbank *****B Bayer 115 60 0.6 BBC 299 50 2.5 BMW 163 SOB I'asvlla ***** unch Chem Verw 248 50 unch
        220 words
      • Article
        Brussels
        96 8 SEPT 22 FT* FORWARD MARKET Acw 305 unch Arbrd 1304 -38 Astur 400 -J B ruse an 904 •18 Rrti-I-amt) 1100 12 Canpac 1272 2 Cock 214) *4 De Beers 354 *12 Ebes 1850 -30 Elfctrobfl 5600 -40 Gb-Inno-Bm 2300 -S 12S0 unch Hobo* r- IS Petro 4735 -10
        96 words
      • Article
        Amsterdam
        220 8 SEPT 22 FIs Aft?N ***** -2 Ahold Akzu 64 50 21 60 -25 -02 AMF.V r 88 70 -06 Am fas 102 20 -I Amntbnk 65 60 -09 bergo.v> 37 50 -05 Berk 70 00 bols. J.. 55 90 -0 4 Horsumij 242 00 2 Hurhmann 66 00 0
        220 words
      • Article
        Zurich
        186 8 •SEPT 22 Francs Anions Sui«fs 296 •1 Alusuisse Br 1280 5 Alusuisse Reg 470B u nch Brown Boveri Br 1690 5 Ciba Geig> Br 1095 5 Clba Geigy P C 855 unch Clba Geigy Reg 585 1 Credit Suiw Br 2545 5 Credit Suisse Reg 436 -1 Elektrowalt Br
        186 words
      • Article
        Milan
        107 8 SEPT 22 Lire 950 -0.5 A*sor Gen ***** f 150 Baslogi 614 75 0 75 Ontnlf ***** -330 hai 2200 -39 Kinsider 96 -0,25 Gen Immob 2205 -80 in Pri 3000 -50 llalcrmfnli ***** -720 1241 1 lialsider 351xd 1 Magneli M Pf 800 54 Marell) Err 325 -19
        107 words
    • Article
      TORONTO
      204 8 SEPT 22 C$ Abttibi 23 Mean 44 1 Algoma 38 1 Bank Mont 30 Bank Nova ScoUa 32 Bell Tel 18 Beth Corp BP Can Ltd 44 Brasran 38' Camp Red Lake 93 *Ts Can Imp Bk 26 Canpar 52'. Canpar In* PI 20 Carting O'Keefe 12 l i
      204 words
    • Article
      JOHANNESBURG
      279 8 SEPT 22 Rand 4/INDUSTRIALS A Alpha MOB Abercom .152 -g AE And CI 880S AMIC 2-4 SOB Barlows 1210S Cg Sugar CNA 600B Currie Finance 240 -5 De Beers In<1 322&B Edron S20B Edgars 8750S Eveready Ked Volk 510S l-ugit 235B unch Gardian Gienanl Gratemn MOB Hippo Hivrld 485
      279 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      205 8 i »ir 17 nrri Local and Western self-service lunches Open daily 10.30 a.m. t03.00p.m. f Restaurant LoungeV 10.30 a.m. to 10.00 p.m. DOiPHIN CAFETERIA Apollo Enterprises Ltd 119,15t floor, World Trade Centre/ If you want a speedy lunch in style.. if s time you came to us. LUNCHEON DIS-CARVERY at
      205 words
    • Advertisement
      Page 8 Advertisements Column 2
      157 8 Where to wine, dine and entertain For banquets. For conventions. For other functions of flawless finesse. Functions for up to 280 guests International menus to choose from Complete range of audio-visual equipment Ample parking space. C ciHun SlMTiiluiitSiii^niNnt' SHERATON HOTELS AND INNS WORLDWIDE NASSIM HILL SINGAPORE. 1Q25 TEt *****/7 Ooc'rf'Pd
      157 words
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      Page 8 Advertisements Column 3
      156 8 8m P«9« 9 for NYSE pricM and Pago 4 for Asian stocks Feast like an emperor at Chinatown a w Y > s: K UJ aF Ifc» IMS j i nir r. b i Our chefs can whip up culinary delights that would excite even the most demanding of emperors
      156 words
    • Advertisement
      Page 8 Advertisements Column 4
      202 8 The I Itimate Dinner Imitation.' Chef Leo s Surprise Gourmet Menu. ii I m RP mm 9. mmim an, M 0! ill Each night except Sunday, Chef Leo will personally create and prepare a very, very special surprise five course nouvelle cuisine menu. Cocktails are served from 7.30 p.m. in
      202 words
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      Page 8 Advertisements Column 5
      252 8 rUiVf served J Ai t r 'v What batter place to enjoy a banquet? Palatial surroundings Intimate aimoepfwre And the food is prepared to perfection l Hare you can enpy the excitement and variety of tastes and textures that mafce Cantonese food so popular The Dragon Palace Restaurant is specious
      252 words
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  • BANKING AND FINANCE
    • Article
      Singapore market
      498 9 OIL-AFFECTEDcurren-cies such as the Japanese yen and the Deutschemark eased significantly against the US dollar yesterday while the US dollar and sterling reamined basicaly unaffectd by the Iran-Iraq conflict. Against the yen, the US unit started off at 214.70/00 and moved in wide spreads in an uncertain market
      498 words
    • Article
      Gold
      244 9 SINGAPORE gold futures yesterday closed between US$l6 and $20 firmer compared with overnight levels, in fairly active trading, dealers said. The market advanced generally on news of escalating border conflicts between Iran and Iraq, but some profit-taking restricted any further rise, they said. Total sales for the day was
      244 words
    • Article
      ASIAN $ RATES
      166 9 ASIAN RATES ASIAN currency deposit interbank rates as at close on Sep 23: sa—a7 days 11H 11* 1 month 12H 12H 2 months 12* 12 3 months 12H 12 v, 6 months 12 15/*****3/16 9 months 12 19/*****3/16 12 months 1215/*****3/16 Sw-Vn. Dm. lULUL. m_l V 1 month 3 months
      166 words
    • Article
      Discount
      47 9 RANGE of prices offered by discount houses an Sep 23: Overnight: 7% Call deposits: 6V t to 7% ClsstaC Bnytsc Sailing 3-month Treasury bills 71/18 019/10 3-month Bank bills 10V« 10H 3 months CD 10H 10* 0 months CD 10W 10 "4 Source: National Discount Co
      47 words
    • Article
      Australia/NZ
      45 9 Quotes on the Australian and New Zealand exchanges on Sep 23: US 1.*****/1.1672 Stg 0.4881/0.4827 90-day air mail buying rates Stg 0.5125 US-1.2152 90-day forward buying rates Stg-0.4922 US —1.1715 NZ exchanges Reserve bank midrate US 0.9816 Trading bank indications US 0.9866/0.9766 Stg 0.4093/0.4063
      45 words
    • Article
      Frankfurt
      22 9 FRANKFURT exchange opening quotes on Sep 23: US -1.8130/40 Stg 4.374/384 Can —1.5575/92 D F1 92.00/10 S Fr —109.02/19 Yen 0.8367/82
      22 words
    • Article
      PLR
      22 9 THE average rate at which major Singapore banks are currently prepared to lend to their beet customer* is 11 per cent.
      22 words
    • Article
      London
      188 9 STERLING and the US dollar yesterday morning firmed sharply against European and Far Eastern currencies, mostly on speculative and nervous buying prompted by the situation in the Middle East, dealers said. Sterling opened at U5J2.4200/15, its highest level since Sep 4, against 2.4033/43 at Monday's close and New York's
      188 words
    • Article
      Zurich
      44 9 Zurich exchanges closing quotes on Sep 22: US 1.653M545 Stg 3.9806-9653 Can -1.*****187 D Mk 91.5688-6874 D F1 84.2164-3272 F Ft 39.4228-4727 B Fr 5.7108-7190 D Kr 29.6130-6472 N Kr 34.0714-1134 S Kr 39.6926-7430 Ut 0.1934-1936 Aus Sch —12.9419-9638 Port 3.3027-3223 Yen 0.7732-7734
      44 words
    • Article
      Hongkong
      193 9 THE yen yesterday continued to weaken due to Japan's vulnerable oil position and the developing Iran/Iraq crisis while the US dollar generally maintained its strength, dealers said. Trading was active throughout the day, but most operators ceased trading early yesterday afternoon ahead of the Chinese mid autumn festival today.
      193 words
    • Article
      Spreads in Eurocurrency market lose uniformity
      569 9 THE spreads obtained in the syndicated Eurocurrency markets in the first half of 1900 were no longer as uniform as in 1979. This differentiation among strong and weak borrowers is likely to continue throughout the year. This is the conclusion drawn by the World
      569 words
    • Article
      Lock icon Midland's HK office to be upgraded
      235 9 AFP ONE of Britain's largest banking organisations, the Midland Bank group, is to upgrade its representative office in Hongkong to branch status at the end of this year. Mr RAN Henley, who will be chief manager of the branch, said yesterday it would concentrate
      AFP  -  235 words
    • Article
      Lock icon Afternoon rally boosts stocks
      1442 9 NEW YORK Reuter AN AFTERNOON rally overcame early weakness and the New York stock market on Monday pushed higher in heavy trading in spite of ea host of potential negatives. The Dow Jones industrial average pushed to its highest level since the second week of January
      Reuter  -  1,442 words
    • Article
      Futures are flexible
      417 9 AMONG the attractions that investors find in futures contracts are the tremendous leverage available and the possibility of obtaining profits from bull and bear markets as well as from variations in relative prices. Mr TJio Kay Loe, vicechairman of Drexel Burnham Lambert, said that in futures trading,
      417 words
    • Article
      Visa card increases charges
      157 9 USERS of the Visa credit card programme operated by BankAmericard and Overseas Union Bank will be paying more as a result of rising costs. As of September 1, the South-east Asia BankAmericard Centre includes new purchases in the calculation of the daily balance, but not cash
      157 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      192 9 SAVINGS ACCOUNTS: Deposit and withdrawal at any of our 49 branches. B°/t op.a FIXED DEPOSITS: 0 1 4 op.a for 1 month 9% p.a. for 3& 6 months a /op.a for 9&12 months PRIME RATE EFFECTIVE 24 SEPTEMBER 1980 ii°/< op.a. UNITED OVERSEAS BANK CHUNG KHIAW BANK LEE WAH BANK
      192 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1671 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. SECTION ONE INDUSTRIAL COMMERCIAL Acme (3XBB 2606)
    1,671 words
  • Article
    Unit trusts
    167 10 HNGAFOU UMT BO ST OUB-MONTAOL (HMMM* prtM tar Sen M) (Hna^n* prten tar Sip M) The Commerce 3.13 3.29 Union Spore F und 1.21V* us* The Ssvtafi Fund LIT 187 nnooni E BOM tt UNIT S pore Prog Fund 1.31 1.4txd Income bST rent prises) LA S pore
    167 words
  • Article
    SHARE INFORMATION SERVICE
    2738 10 1080 Hick Low Company Last Sale orGr'« Div Div CVr Gr"s YTd Net P/E Vol Day (*000) High Low SECTION ONE INDUSTRIAL ft COMMERCIAL 372 270 140 170 374 84 3S2 565 408 540 245 220 116 140 270 80 275 246* 187 286 Acma Alcorn Allied
    2,738 words
  • Article
    In Kuala Lumpur
    1856 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of sharps traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUSTRIAL* Ifrlßrti (HOB) Aleeat (1806) xd Alex BaM (1.458) A Chaa (0.8»
    1,856 words
  • Article
    COMPANY MEETINGS
    48 10 JACK CMa-MPH LM: AGM to be held at Shangri-La Hotel, 22 Orange Grove Road, Singapore at 12 noon on Sep 27. SOUTHERN Klata Cimiß dated (M) Md: AGM to be held at Wisma Bunga Ray a, 152 Jalan Ampang, Kuala Lumpur at 10am on Sep 29.
    48 words
  • Article, Illustration
    Investors remain confident
    779 10 NEWS sf flgktteg ketwm Iru »id Iraq kaeeked •mm «U cat «I the talk at the flfiMM stack Market yesterday bat they gradually recovered shortly after the epealag. The earty morning had sees a light Harry selling el. Share prices eased moderately aa a recnlt. Dammwab» Ik*
    779 words
  • Article
    Kuala Lumpur slightly mixed
    504 10 SHARE prices rebounded from an easier opening to close on a slightly mixed note at the Kuala Lumpur stock market yesterday. Trading was a bit nervous in the morning following news of the border feuding between Iran and Iraq. Some selling resulted but towards noon, prices
    504 words
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  • COMPANY NEWS
    • Article
      Hume (M) sets aside more for expansion
      884 11 BUILDING materials manufacturer, Hume Industries (Malaysia) has earmarked an estimated 111 million for capital expenditures in the current financial year compared with some $8 million in 1979/80. This higher amount is geared towards implementing the first stage of its development programme. Under Hume
      884 words
    • Article
      HK$60m land sale in New Territories
      559 11 A 52.5 million square feet tract of land in Hongkong's New Territories has been sold for HK$6O million. The purchaser is believed to be Beehive Enterprises, the only bidder at a public auction. Beehive is substantially controlled by the Chinese state-owned China Resources Co
      559 words
    • Article
      COMPANY BRIEFS
      140 11 TAIPING Textile's pre-tax profits for the six months to June 1S60 amounted to $3.75 million ($3.64 million). Gross sales rose to 127.1 million from $25.77 million the previous corresponding peri- AMCOL Electrical Industries incurred a loss of $411,133 for the first half of this year compared with a
      140 words
    • Article
      DIVIDENDS ANNOUNCED
      619 11 Current Payment Ex Date Books Clone Date Tot*! for Total for Payable tke year Previous year Alex Hid*. Alcorn Ayer Hitam Rubber BKatU BtU Benta Carls berg Central Properties Coaa Plant Dunlop Estate* Dunlop Ind K A I Easo Ord Eaao Pref Fed Cables G E Life Geatiags
      619 words
    • Article
      SCRIP ISSUE
      165 11 Company Particulars Ex Date Books Close GI Holdings Rights Issue of 1 for 2 Sep 18 j» $1 JO per share Sep il Home M Rights Issue of 1 for 2 <»Sl 30 per share Sep 10 Sep 22 Uoi| Gau Hldfi Bonus issue of 3 for S
      165 words
    • Article
      INTEREST
      87 11 Curat Ex BMk 1Mb TMal tar Tatal tar n^wi. payamt dale chn payatee tfceyw ir previa* j war nmru 7% I Oct 9 Oct 16 Oct 31 7% (a) Ad)uau sd tar acrtp lam (b) Fto* aad Baal (c) Aaaualla ed (d) Annual latere* (e) *xcladiaf2.9%(ad- jaated) aptclml dividend
      87 words
    • Article
      CONCERN OVER DUNLOP
      381 11  -  By BIBIANA CHOO TWO inspectors fft>m the British Department of Trade are expected to fly into Singapore today to continue the department's investigations into the Malaysian ownership of Dunlop Holdings. The inspectors, Mr Collingwood Ingram and Mr Francis Pulling of Gavrell House in London, spent the last
      381 words
    • Article
      Mega lower
      275 11 MEGA Chemicals, now 32 per cent owned by the diversified Supreme Corporation group, has turned in lower profits (before extraordinary items) for the financial year to April 30,1960. The group, which manufactures largely agricultural and industrial chemicals, reported a 30.7 per cent drop in profits before extraordinary items
      275 words
    • Article, Illustration
      Lock icon Selling Manhattan
      530 11 flam HOCK LOCK SIEW SIM LIM'S proposed sale of its subsidiary, Boon Ann Properties, which owns the 15storey Manhattan House in Chin Swee Road, appears to contain several seemingly irreconciliable features. Firstly, our property sources wonder at the sale terms: that the building with 75,474 sq ft of
      HOCK LOCK SIEW  -  530 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      197 11 Keep abreast with Singapore's Economic Development!! <*€<$ mm Read Professor Lim Chong Yah's latest book Economic Development in Singapore, now available at all leading bookshops. This book contains some of the writer's views and analyses on the recent economic development in Singapore. CONTENTS: 1 Economic Development Of Singapore: An Assessment
      197 words
    • Advertisement
      Page 11 Advertisements Column 2
      119 11 Colours: brown, burgundy Q) dual-purpose attache case Documents are carried in the upper compartment and small items of clothing fit into a separate detachable lower compartment. For short trips it is the ideal case. available at •MELWANI'S MEN'S SHOPS •MOHAN'S DEPT. STORE EURO SHOE SHOP 'Ji RAFT PAPER ADHESIVE TAPE
      119 words
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  • Article
    World markets react nervously to growing hostilities
    249 12 GROWING hostilities between Iran and Iraq set the pound sterling, the dollar and gold jumping up and down yesterday as nervousness spread across the world's markets in currencies, stocks and commodities. But despite uncertainty over the welter of confusing reports, and fears about
    249 words
  • Article
    Lock icon Iranian planes bomb Baghdad
    547 12 UPI AFP IRAQI ground forces invaded Iran yesterday and Iranian warp lanes bombed six cities in Iraq, including Baghdad and the key port of Basra on the disputed Shatt Al-Arab waterway. The rapidly escalating war between the two Persian Gulf oil powers took on graver significance
    UPI; AFP  -  547 words
  • Article
    Decentralisation favoured
    364 12 THE HARVARD review team has questioned the validity of the assumption of earlier mass rapid transit studies that extensive growth of Singapore's central area is desirable and should be encouraged by government policy. It maintains that decentralising forces are already evident in Singapore. The government should increase its
    364 words
  • Article
    LONDON STOCKS
    790 12 LONDON, Tues. Gold shares featured the market closing easier, though off the day's lows, following conflicting reports concerning the US hostages in Iran, dealers said. Gold producers opened easier on profit-taking and then slumped after a Baghdad Radio report that the hostages had been released, dealers added. Amgold
    790 words
  • Article
    Lock icon Mahathir wants proof on Lim's allegation
    169 12 AFP MALAYSIAN Deputy Prime Minister Dr Mahathir Mohamed has challenged the opposition leader Mr Lim Kit Sing to substantiate his allegation that Esso oil company in Malaysia had secretly over-produced oil without the knowledge of Petronas.the state oil corporation. Dr Mahathir said that if
    AFP  -  169 words
  • Article, Illustration
    Promoting Singapore while on leave
    427 12 WHEN Ambassador Richard Kneip was back in the United States on home leave in July, he spent his time "selling" Singapore instead of taking a wellearned vacation because be "has truly loved living nere Under the auspices of the US State Department and the Department
    427 words
  • Article
    Lock icon Depressing jobless figures
    114 12 Reuter BRITAIN'S jobless total rose to 2,039,003 in September, or 8.4 per cent of the work force, the Department of Employment announced yesterday This is the highest figure since 1936 during the depression years but only marginally higher than the August total of 2,001,208, or 8.3 per
    Reuter  -  114 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      192 12 ADVZJtnsekKHT Fortune Made From Thin Air Addressing a seminar on 'Business Leadership in the 80's\ the owner of one of the city's biggest multi-storey shopping complex disclosed today that he owed his success to a little parrot and an Indian fortune-teller. Shortly after the shopping complex initially opened, it was
      192 words
    • Advertisement
      Page 12 Advertisements Column 2
      117 12 I la 4i A 2^32 is <« 3 6LAS-DT 500PS/I,9oorpm W I I w Yanmar engines are well received by shipbuilders and vessel owners all over the world. Meeting popular demands, the latest models of Yanmar high-revving, lightweight series are now available in this region. Find out more about these
      117 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      65 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in several areas in the late morning. Report for 24 hours prior to 7.31 p.m. on September 23 at the airport. Maximum temperature 29.4 Associated humidity 71 Minimum temperature 23.4 Associated humidity 93 Hours of sunshine 0.40 Rainfall in
      65 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Sodi on fire
        61 13 Reuter THE Panamanian-registered 4,300-ton cargo ship Sodi caught fire yesterday at the Manila breakwater suffering damage to its engine room. A Manila port spokesman said the fire was put under control nearly five hours later. The vessel was loaded with 8,300 tonnes of soya bean meal for
        Reuter  -  61 words
      • Article
        Lock icon No hope for survivors
        143 13 Reuter THE owners of the 91,655-ton British freighter Derbyshire, missing on a voyage to Japan, said on Monday all hope of finding survivors from the ship's all-British crew of 41 and two wives had been abandoned. Biddy Lines of Liverpool said in a statement: "There is
        Reuter  -  143 words
      • Article
        Lock icon Adjusting CAFs
        98 13 Reuter SHIPPING conferences covering trade with the Far East said they will adjust the UK/Eire currency adjustment factor to 18 per cent from 16.5, plus differential inflation adjustment factor of 13.5 per cent bringing the total to 31.5 per cent, effective Oct 1. The South Korea CAF is
        Reuter  -  98 words
    • Article, Illustration
      Snubbing barge heading for Indonesia
      625 13  -  By LINDA CHEE LEADING Singapore tug and barge operator, Chuan Hup Marine has delivered a snubbing barge valued at about |6 million to P T Tytyan Samodra Shipping, which will use it to service old oil wells in Indonesian waters. The 4,000 dwt barge owned
      625 words
    • Article
      INDEX TO ADVERTISERS
      655 13 SMtfta* Um Page Cel Shipping LJm Cat Adriatic IV 5 Evergreen IV 3 Afea VI 3 Fesco V 1/2 Afro-Eurasia vn 1 Flotta Lauro V 5 Alltrans VI 5 Fortune VI 5 Alpac VI 5 Franco-Belg m 4/5 Angkutan VI 4 FrataNVOC VI 2 Anhsing vn 4
      655 words
    • Article
      Container Schedules
      961 14 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrtval 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
      961 words
    • Article
      LONDON FREIGHTS
      1477 14 RENEWED Soviet interest on Monday was evident in the time-charter sector of the freight market with a vessel of 34,000 dwt being arranged from Cape Passero for a transAtlantic round voyage by Sovfracht at $10,000 daily, and the same company arranging a 16,000 tonner for Buenos Aires delivery
      1,477 words
    • Article
      Iran declares Persian Gulf a war zone
      914 15 IRAN yesterday declared its half of the Persian Gulf a war zone and ordered merchant ships to keep out, the Bahrain-based Middle East Navigation Aids Service (Menas) said. The company told Reuters the Iranian Ports and Shipping Organisation had broadcast a statement by
      914 words
    • Article
      War risk insurance cost quadrupled
      295 15 LONDON insurers yesterday at least quadrupled the cost of war risk insurance coverage for oil and other freight transportation to and from Iran and Iraq because of hostilities between the two countries, the London Underwriters Association said. A spokesman of the London marine companies and
      295 words
    • Article
      Lock icon Suggestion rejected
      201 15 AFP THE Norwegian Shipping Association has rejected a suggestion by a leading parliamentarian that its members should refuse to ship oil to South Africa as a protest against apartheid. "Unless there is an international boycott we will Just give our competitors a greater share of the market," association
      AFP  -  201 words
    • Article
      Lock icon USSR may be allowed to claim treasure
      322 15 UPI THE Soviet Union might be allowed to claim the vast store of treasure believed sunken with a Czarist warship off the Japanese coast. Divers for the Tokyobased Nippon Maritime Development Co last week recovered a piece of platinum ingot from the Russian
      UPI  -  322 words
    • Article, Illustration
      SHIPS IN PORT
      433 15 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Cornelia Maersk (1500 must vacate) 3/4 Htan Taw Ywa (1830 tbc) 44 John Bakke (2300) 6/7 Maldive Crest (0600) 40/41 Shusei Mam (0600) 18 Yue Flower (1830) 33/34 CONTAINER TERMINAL Jade Bounty 50N Kao Mu 52 Kowloon Bay 49 Maersk Mango 53S
      433 words
    • Article
      SHIPPING LIST where your ships are due...and when
      2752 19 BCHEDPLE 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
      2,752 words
    • Article
      Lock icon Soviet enquiry for grain ships maintained
      736 20 AFP SOVIET enquiry for grain vessels persisted on the freight market last week with additional interest developing for tonnage to carry recent huge purchases of sugar. The Chinese were still active, mostly in the timecharter section, but they also arranged at least three grain
      AFP  -  736 words
    • Article
      Shipping Events
      235 20 COMPUTERB aad Ship. ptng Sep 23, Lloyd's of London Press conference, Hamburg Plaza Hotel, Hamburg, West Germany. Skip Operattoas' —'sqp 23-25, The Maritime Association of New York, Downtown Athletic Club, New Yorkaty. SkiphrtUig la the *Ns Sep 24, Lloyd's of London Press conference, Hamburg Plaza Hotel, Hamburg, West
      235 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      342 13 Everett Lines FO« THE MOST fIiQUENT SAILINGS TO BANGKOK HONG KONG JAPAN BUSAN CHITTAGONG CALCUTTA CHALNA •RANGOON BUENOS AIRES MANZANILLO •ACAPULCO Everett Steamship Corpn. 8/A CliHofd Centre Singapore 1 Tel *****/9 36. Beach Street. Pen d ng Rm 36 103 OCBC Bldg Tel *****/3 Port Ketang Agents SOCSHIP CO BHD
      342 words
    • Advertisement
      Page 13 Advertisements Column 2
      241 13 USEALORDH UASC UNITED ARAB SHIPPING CO (SAG) [> i i'al i filk AHMAD AL FATEH VJI AL MUHAMAQ V.16 BNAL ABBAR ill S'pore Loading for 2/10 Mirva Qaboos (13/10) Dammam (18/10). Kuwait (21/10). Dubai (2/11). Abu Dhabi (4/11) 3/10 Dammam (17/10). Basrah (20/10) 26/10 Dammam (7/11), Abu Dhatx (10/11), Kuwait
      241 words
    • Advertisement
      Page 13 Advertisements Column 3
      15 13 L CONTAINER Schedules M LONDON Freights SHIPS In Port SHIPPING List REGIONAL Weather SHIPPING Events
      15 words
    • Advertisement
      Page 13 Advertisements Column 4
      544 13 MILLION MILES MARINE dx (PTE) LTD. (Sales Services) MGEXTS. DtSTRBUTORS STOCKISTS. Deck, Engine, Provisions Dry Frozen, Bond Galley Suppliers. Add 463, Mocpherson Rd. S'pore 1336 TEL: *****21 (10 lines) Office on the wire *****11 (24 HRS) MAERSK LINE EXPORT TO U S PACIFIC. GULF. ATLANTIC. EAST CANADA AND ASIAN PORTS
      544 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      765 14 MALAYSIAN INTERNATIONAL SHIPPING CORPN. BERN AD. WISMA MISC, N0.2, JALAN CON LAY, P.O. BOX 371, KUALA LUMPUR 044)9, MALAYSIA. TEL *****8 TELEX: MA *****, *****, ***** ***** CONTAINER SERVICE 1) Barcelona, Genoa. 2) Amsterdam. Antwerp. L.Havre, Bdbao, Basle. UK. 3) Bremen. Bremenhaven, Aarlius. Copenhagen. Helsinki 4) Mafmo. Stockholm. Oslo 'Accepting
      765 words
    • Advertisement
      Page 14 Advertisements Column 2
      381 14 BBS SUPERCARRIER SERVICE WEEKLY BEBVICE TO PANAMA+US ATLANTIC GULF AND E. CANADA Pi faN| Mi fSTOBE C*M Km M Chela B*awa M Tat Bntw St Mb H Orl Hmstm ILI lit SSSBL m*. 3/10 £!{i° /U 2/12 5/12 4/12 1/12 10 12 12 12 13/12 21/12 23/12 27/12 525 2-3/10
      381 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      555 15 Overseas I ■■I Containers Limited Weekly service tattrom UK/Europe STRAITS SHIPPING Singapore to Sabah, Sarawak, Brunei Ports and Bangkok COWTOHSHT SERMCE TO UK/CONTHKT: Contatnerslip Service To/From Banfkok My* hr 12 Oct Nb«lm« Express II Oct 19 Oct Liverpool Bay 26 Oct Tatie Eiprtsi 31 Oct llirti Express 3 No* S'part
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      Page 15 Advertisements Column 2
      437 15 MX CQNTM C.C.WM Franco Belgian Services IF ir Fa<t Frc.ch Service with B< !<jian F,ir Fr.stt rn I.lrcO A ct ConSoS t :l.m s» soma to eumpe fvu. cowna»r gg from gg SMKAPOK P. KELAK U Newt R'Rai KWf Ufa** A'Mfp Hte| VHrwi Vwmf U Newt *JMmi S'pert 251* 27
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      698 16 Hapag-Uoyd EXPORTS 14/10 21/10 23/10 30/10 1/11 9/11 Spare PK Pen Bilbao Genoa H'bwj B haven Mam Antwerp 2/1* 21/9 29/9 31/ II 24/19 l/U 13/11 5/11 2/11 14/19 17/19 11/11 19/11 17/11 14/119/19 12/19 15/19 7/11 29/11 17/11 13/11 TO USA/CMMPA (CARGO TO ATLANTIC AND GULF PORTS VIA CONNECT
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      Page 16 Advertisements Column 2
      479 16 LINE KOREA SH S f. Ketanf PDMNG STOW AIT Alt 155W Sid In Port 2S-2I Sept FROM BUSAK BANGKOK ALTAR 15€ESld In Port 25-28 Sopt TO BUSAN VEGA 153W 20-24 Oct 25-2S Oct 29/10-1/11 FROM BUSAN BANGKOK VEGA 154E 20-24 Oct 25-21 Oct 29/10-1/11 TO BUSAN KSC use KSC KSC
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      Page 16 Advertisements Column 3
      562 16 EVERGREEN LINE fAR EAST EUROPE ExPRFSS FULL CONTAINER SERVICE ACCEPTMG CARGO FOR: HAMBURG. FELIXSTOWE. ROTTERDAM. ANTWERP, LE HAVRE ALSO ACCEPTWG CARGO FOR: UWTEO KMGDOM SOUTHAMPTON, LONDON, MANCHESTER. BMMMGHAM. BRISTOL. LIVERPOOL. GLASGOW. LEEDS WEST GERMANY HOLLAND AMSTERDAM Nh*«| Uhmimi r ifcilm Mwn It New ew *rh- 18/w »/w am a/ii l«er
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      Page 16 Advertisements Column 4
      900 16 Everett Lines Ben* Ftvt Star flrippim C*rjN. 'BURMESE NATIONAL LINE' LOMNN6 FOR RANGOON •"-lOAMR ra cfrTueoNe MM/Ml* 1/2 Ort 29/* Sept a/a »apt 3/4 Oct a/asM 8 F.S.S.C Aaw*» n Moloyvo BOUSTEAD SMPWNG TtL NOS KL *****2/*****9 /I I In liwm«IHH>.A.C.I.F ARGENTINE NATIONAL LINE* U 1 C 9 Tr»mpoft»6on NteritMM
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      Page 16 Advertisements Column 5
      551 16 r T2UD.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD. SANKYO LINE Mftvanr. may pwi AUSTRALIA SERVICE 9/7 Oct 1/9 Oct SYD 8/7 Od 1/9 Od MEL. AOEL JAPAN/STRAITS SERVICE SUCCESS M-ASPftATKM NO SKENMM Km smut NESTOR RNER SAIKOU MMHJ 29-29/9 29-30/9 29-30/9 54/10 94/10 13-19/10 P. Kata« M POUT 29-30/9 1-2/io 7-1/10
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      738 17 PIL GROUP EAST AFRICA/REDSEA SERVICE SINGAPORE/CHITTAGONG/RANGOON/SERVICES SINGAPORE/BANGKOK/SINGAPORE DIRECT SERVICES ri^rrn S.E.A. Container Feeder Service SINGAPORE/BANGKOK/HONGKONG/MANILA ACCEPTING LCL/FCL/REEFER CONTAINERS/ 27-28/9 L VOY. MANILA H'KONG M*p. Zircon 208/21N Navaiis 2S/3N 27-28/9 N«p. Topaz 225/23N 2-3/10 5-8/10 Nop. Zircon 225/23N 9-10/10 12-13/10 'Ist Call: FCL 24/9 1500 hrs. 2nd Call: LCL 30/***** hrs.
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      Page 17 Advertisements Column 2
      796 17 T»> BEN LINE CONTAINERS EXPRESS CONTMNER SERVICE TO/FKOM EUROPE fcMaM Takre b»t 2/11 VH VU VU vil 1/11 7/11 n/u VU IVU U/U 11/u U/U a/11 22/U 14/11 21/11 22/11 M/ll 2VU 2VU 27/11 2VU 22/U 2VU M/ll (Vl2) 2/U ■^hubs NtaiMiihM faM TMjaM hM hW MtoUpm 2V» 21/9 24/9
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      Page 17 Advertisements Column 3
      720 17 e Yl 11 i < ft yi V] y; rfx tyj ScanDutchV WEEKLY EXPRESS CONTAINER SERVICE TO MEDAJIC/HOSCAH m TiS ivu wit n/M zvm tffUE" .10! w vn «w> wm mKSP a/M vu vn vu a kmc* 17/ m n/u vu ivu u/u ivu £22? W! 11/11 u/u u/u wii
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      Page 17 Advertisements Column 4
      604 17 BOUSTEAD SHIPPING AGENCIES BANK LINE FOR REUNON I SOUTH AFRICA SINGAPORE 17/10 •to Reunion 30/10 Durbon 6/11 Copotown 14/11 PtEliz 12/11 (also icceptaj East London and Maputo cargo) STREAMBANK BEAVER BANK Lukes/'* Lines U.S. NEST COAST SERVICE ■NdhM SfO IOUBf LYKES SU BMPfTON LYKES SU L£SUE LYKES SM ASHLEY LYKES
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      755 18 K LINE KAWASAKI KISEN KAISHA. LTD. EXPRESS CONTAINER SERVICES TO NORTH AMERICA thntia. New Ortaa*. TO EUROPE FROM EUROPE TO FAR EAST VttMfc cj! HWf. Bthmii. K'djn. A'aarp M Lt Hm) AGENTS: S PORE NEPTUNE AGENCIES PTE LTD Tot *****11, *****&8 MALAYSIA KONTENA NASIONAL SDN BHD T«t P Raton; 7475/6
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      Page 18 Advertisements Column 2
      468 18 me CAUFORNIA/PACFIC NORTH NEST SERVICE EXPRESS CONTAINER/REEFER SERVICE Lm*l tar LOS ANGELES. SM FRANCISCO. SEATTLE, TACOAAA. VANCOUVEI. B C «uipifc| Fa/Fa Man AUSTRALIA EXPRESS CONTAINER SERVICE •VBHVA OCTAAA" NEW ZEALAND SERVICE i imum, mjBTOH. i N ra/ra —ii JAPAN SERVICE PMMR P. UH| Support KmMm 30 Sflpt 1/7 OH 3
      468 words
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      Page 18 Advertisements Column 3
      514 18 .A (ii'dui) SINGAPORE SHIPPING AGENCIES PTE LTD JOfHKUOH OCE AN BUII DING SINGAPOHf 010-1 VASKF T'NG *****2 JI AtS of M HAL *****1 14 LINES TERMINAL OFFICE 2223b83 TELE* «S 2459S WS 2SS6B A B CAHSHIP CABLE CAH(JOSMIP GDC Container Lilies WEEKLY CONTAINER SERVICE to/from BANGKOK m MK BOUNTY 4BS/41N
      514 words
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      Page 18 Advertisements Column 4
      595 18 i\\\ nQRANARD LIME INDEPENDENT A TTHACTIVE RA TES MEDITERRANEAN SEA SERVICE ALSO ACCEPTING CONTAINER CARGO FCL ONLY FOR PORT SAID. ALEXANDRIA. BEIRUT. LATTAKIA. UMASSOL ISTANBUL St. PIRAEUS Specially engaged agents stevedores providing immediate discharge MANSME V4O« +C*| Part Sad. kM ft Lattakia I STRAITS/EAST ASM SERVICE CHEONC V.37C Od LM*|tar
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      Page 18 Advertisements Column 5
      665 18 INTR ASEA (PTE) LTD House 234E Orchard Road SmgapoT 9 Telephone *****1 V *****57 REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE TO EUROPE S>ar« P. KMag Pwwg Laadhg far GLORY NB» sOd 30 BOULOGNE/ROAM/ IK (MM) HELLEMC MN. 19 Oct 24 Oct ROTTERWM/W (AWN) MTRASEA (PTE) LTD 2352C11 BOOMNG *****57 TEO 9ffVMBtItMNNC-4Mt44.4a0742.4M7l
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      720 19 NEPTUNE ORIENT UNES LTD TO EUROPE/UK (VIA SUEZ): 11 CORAL+ 26/S m CONTAMER 30/9 C. CONTAMER 4/1 S.S. BRIDGE 9/1 N. GARNET 16/1 C. PAUL 21/1 TW. BRDGE fr6/l •Containers feedered to/from F'stowe Also accepting cargo to/from Scandinavia FCL Cargo 0700 25/9 LCL Cargo 1900 24/9 FROM EUROPE (VIA SUEZ):
      720 words
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      Page 19 Advertisements Column 2
      367 19 I Mocean lines REGULAR NON CONFERENCE SERVICES MEDITERRANEAN SEA SERVICE Spore P Ketone Perunj loadmg tor 4 Oct fort Said/Linassd/AJeiantti PV»eui/Beinit/lbjeki/B«iM P.T. BHINNEKA LINES NON CONFERENCE SERVICE FROM MDONESM/SMGAPORE TO ALEXANDRIA. ITALY A SOI ETA ETD ILV. HO CHUNG V.INB (BIT 1974) 2€ Sep 2 Oct LOROMA CARRIERS INC. DRECT
      367 words
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      Page 19 Advertisements Column 3
      228 19 -o EGYPTIAN" INTERNATIONAL LINE (EIL) EGYPTIAN FLAG l N SUPPING PTE LTD 1401 5. Robma House Sbenton War S#i{apex? 0106 111 RS ***** lel *****11 Bk(i *****43 HSH (M) Sdn Bho Kl Tel *****3 *****7 Pt Kel lel 3869% Tl« Penanj lel *****8 SINGAPORE WEST MALAYSIA ETA LINES w) CONVENTKHMI
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      Page 19 Advertisements Column 4
      250 19 COLUMBUS LINE REEDEREI GMBH EXPRESS SEM-CONTMNER SERVICE TO ANTWERP ROTTERDAM HAMBURG HAMBURG ROTTERDAM ANTWERP "JORDAENS" "SANTA TERESA* "ELENA" VOl 8/9 OCT 3 NOV V 22 5/6 NOV li DEC VOl 31/1 JAN 6 FEB I NOV 12 NOV 6 DEC 15 DEC 2 FEB 11 FEB AGC NTS SEALION SHIPPING
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      272 20 MALDIVE LINES ETA ETA KUANTAN PORT KELANG MALM* PIONEER Loading for Aden MAUNVE COURAGE Loading for Basrah MAUNVE MPORTER Loading for Male MAUNVE NATION Loading for Basrah MAUNVE LOYALTY Loading for Dammam MAUNVE NEMOUR Loading for Dubai/Bahrain/ Dammam/Kuwait MAUNVE PRIZE Loadhf for Mrtafe/Aden MAUNVE SEAFARER Loading for Gizan, Jeddah FOR
      272 words
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      Page 20 Advertisements Column 2
      371 20 m MAC-NELS& enc^ s d ■OEPODWT RATE QUOTED ON AmJCATIOH OUTBOUND/INBOUND-FCL-GROUPAGE SERVICE TO UK/EUROPE-FCL/GROIJPAGE-SPORE H'BURG ROTTERDAM U.K. A'WERP LEHARVE 27/S IS/10 20/10 22/10 25/10 17/10 TO USA/CANADA S PORE OAKLAND LA VANC (BC> NEW YORK 30/9 21/10 27/10 1/11 10/11 ALSO TO: WUOR US PORTS/MONTREM., TORONTO TO AUSTRALIA TO NEW
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      Page 20 Advertisements Column 3
      55 20 NOTICE r M.V. CHERRY RUBY VOY 1 ARRIVED 15/9/ 80 AT KEPPEL WHARF GDN 27/28 GENERAL SURVEY ON DAMAGED CARGO DISCHARGED EX THE ABOVE VESSEL WILL BE HELD ON FRIDAY 26TH SEPT 1900 AS FROM 0930 TO 1200 NO FURTHER SURVEY WILL BE HELD AFTER THIS DATE. LIAN SOON AGENCIES
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  • Page 20 Miscellaneous
    • Miscellaneous
      Page 20 Miscellaneous Column 1
      171 20 m ■y fi > Regional Weather ::x: ¥:-v: o:v:: m SSmffiS 2WBWH SKS IM m SK SSftc? £8 i#; Cv V v WA r A o. o v:<2) fit*is ■XT I 35 100E LL SIGNIFICANT WEATHER AND SEA CONDITIONS AT 7.30 A.M. THIS MORNING. Dew point C °C yA ..crWind
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