The Business Times, 6 October 1976
1976-10-06
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The Business Times
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Title Section10 1976-10-06 1 BUSINESS TIMES M.C.(P) 1455/76 WEDNESDAY, OCTOBER C, IOT6 50 CENTS10 words
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NEWS SUMMARY
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Article67 1976-10-06 1 Reuter LUXEMBOURG, Tues. Britain will block efforts to cut the level of Common Market subsidies on Its food Imports when EEC farm ministers vote on the issue today, Informed sources said. Britain's Mr. John Sllkln plans to stand by his position declared here yesterday that the subsidles,Reuter - 67 words
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Article72 1976-10-06 1 MR. J.D.H. Nelll, chairman of the Singapore International Chamber of Commerce said yesterday: "Foreign businessmen In.Singapore including the British have the fullest confidence In the Singapore government and in the Impartiality of the Singapore courts." He was commenting on the recent statements made by James Slater72 words
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Article66 1976-10-06 1 AP ABU DHABI, Tues. The United Arab Emirates will propose a 10 per cent oil Increase In oil prices when the Organisation of Petroleum Exporting Countries (Opec) meets In December, said Oil Minister Mana Al-Oteiba. In Caracas, Mines and Hydrocarbons Minister Valentin Hernandez said todayAP - 66 words
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Article51 1976-10-06 1 AP PARIS, Tues. Lebanese leftist leader Kamal Jumblatt said here today that he had received positive responses" from France to some of his ideas on settling Lebanon's civil war, and that France could help lay the groundwork for a roundtable peace conference In either Cairo orAP - 51 words
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Article45 1976-10-06 1 Reuter NEW YORK, Tues. Sterling fell more than a cent while the mark rose from opening levels In thin early dealing today, dealers said. Sterling firmed slightly to U551.6660/65 after falling to $1.6645/55 from the opening $1.6760/65 and overnight $1.6765/75. Reuter.Reuter - 45 words
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Article41 1976-10-06 1 UPI TOKYO, Tues. Japanese authorities have decided to Impose taxes totalling US$l.B million (554.41 million) on former Premier Kakuel Tanaka for allegedly receiving US$l.6 million in bribes from Lockheed Aircraft Corporation, a newspaper reported today. UPI.UPI - 41 words
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Article36 1976-10-06 1 STATE-OWNED Neptune Orient Lines (NOL) will be acquiring seven more vessels worth over $300 million by the middle of next year. They will increase NOL's fleet to 24 vessels. i *mmr' v36 words
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Article44 1976-10-06 1 UPI NEW YORK, Tues. Dow Jones averages, based on the first hour of trading today on the New York Stock Exchange: 30 Indus 972.41, down 5.57; 20 transp 214.49, down 0.37; 15 utlls 98.09, up 0.09; 65 stocks 306.62, down 1.04. UPIUPI - 44 words
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Chief Price Changes
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Article, Illustration212 1976-10-06 1 A TECHNICAL reaction to Monday's fails set in at the Stock Exchange of Singapore yesterday with most shares recovering marginal ground. The Business Times index was up 2.15 points to 267.62 while the Straits Times Industrial average was down 0.40 point to 266.72 because of falls in212 words
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Article106 1976-10-06 1 Rises Most active M. Banking $6.40 20 M. Credit 107.000 M. Flour $2.12 .14 Perak Carbide 94.000 P. Carbide $o.68*+.io -i C. Securities 92,000 L.M.W. $1.45 .05 Sime Darby 87,000 O.C.B.C. $8.45 .05 Riverview $1.40 .05 Total Turnover: 1.19 M C.C.M. $4.24 .04 Total Value: M$2.42M Sime106 words
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Article, Illustration976 1976-10-06 1 GOH ENG KEK, ARTHUR NG - STOCK EXCHANGE WINS ROUND ONE? ■> GOH ENG KEK, ARTHUR NG MR CHO Jock Kim has thrown in the towel in his battle with the Stock Exchange of Singapore and is calling it quits. Yesterday, in a surprise move Mr. Cho, the chairman976 words
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Article116 1976-10-06 1 SINGAPORE Airlines only agreed to buy three 727 aircraft from Boeing Aircraft of Seattle provided the latter took the airline's fleet of five seven-year-old Boeing 737 jets. The 737s will be delivered to Boeing by December next year when delivery of the three new 727 Jets is116 words
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939 1976-10-06 1 SOH TIANG KENG - f SOH TIANG KENG MANILA, Tues. Singapore ,supports tne broad framework of the plan to revamp the international monetary system. Doubts over the practical effectiveness of certain features of the proposed reform were however expressed by Finance Minister, Mr. Hon Sui Sen here today.939 words
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323 1976-10-06 1 'US still good as reserve currency' MANILA, Tues. The US dollar Is still performing a good role as a major reserve asset. This was stated by Mr. Michael Wong Pakshong, managing director of the Monetary Authority of Singapore, In a special interview here today. Mr. Wong Is the second highest323 words
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291 1976-10-06 1 THE four Peking-owned insurance companies operating in Singapore China Insurance, China Life, Tai Ping Insurance, and Tai Ping Life will continue business as usual. This was stated to Business Times yesterday by a spokesman of China Insurance. The spokesman said this in the wake291 words
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340 1976-10-06 1 MANILA, Tues. Malaysia today voiced Its disappointment over the IMF's attitude on the buffer stock financing facility. Malaysian team leader, Tengku Razaleigh, the Finance Minister, said at the IMF-World Bank meeting: "It is most disheartening to us that a more positive attitude has340 words
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Article167 1976-10-06 1 Agencies MANILA, Tues The Philippines and Latin American countries expressed concern over the injection of political considerations by some countries in discussion for World Bank loan approvals. The group also called for a better balance of geographical distribution in representation on the bank's 20-man executive board andAgencies - 167 words
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Article82 1976-10-06 1 KUALA LUMPUR. Tues. The Malaysian Trade Union Congress (MTUC) is seeking a total of 183 amendments in the country's Industrial Relation Act, the Employment Ordinance and the Trade Union Ordinance. A memorandum in three volume giving the exact changes, clause by clause, has Deen sUDnucc«£i to the82 words
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Page 1 Advertisements
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Advertisement70 1976-10-06 1 With a Reputation for Unrivalled Security and Fair Dealing over 131 years Our Clients can be Assured ttiti Royal Insurance looks after you Fast whiUJLOvers©as\TV 4 Radio Pg 2 Commodities Oversea*\Features P| 3 Transport A Local Co. News Foreign Co. News Local Stocks 3 Transport A ComP* 4 munications P70 words
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Advertisement61 1976-10-06 1 r v V CS-4152 14 digits, 1 memory, Display with print/non-print switch. Item counter. Right shift key. Constant and complex calculations. CS-2101 12 digits, 1 memory Constant and complex calculations. Floating decimal. Sole Agents: ROXY (STORE) PTKLTDI 483. Tanglin Halt Road. Singapore 3. Tel: *****1. ROKY (M*SIA) SDK BHDI Lot61 words
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Advertisement293 1976-10-06 1 TAGS OTA: Excellence Without Match Free Life-Time Service Sole Agent PROGRESSIVE ENTERPRISE PTE. LID The A 5 is a superb accounting system If you runaWness, you must read this ad. No matter what size business you run, the amazing Olivetti A 5 Electronic Accounting System will increase efficiency and profitability,293 words
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OVERSEAS
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354 1976-10-06 2 UPI TOKYO, Tues. Japan Airlines (JAL) president Shlzuo Asada said yesterday Japan should cancel its aviation agreement with the United States, unless the agreement is revised to give Japan a larger share of trans-Pacific passenger business. Mr. Asada's remarks during aUPI - 354 words
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Article56 1976-10-06 2 AP JAKARTA, Tues. The state-owned oil company Pertamina and the Philips Petroleum Company Group of the United States announced today the discovery of a new oil well in the Teluk Berau produc-tion-sharing contract area in Irian Jaya. The well was producing at a rate of 5,663AP - 56 words
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Article, Illustration446 1976-10-06 2 BRITAIN TO GET AWAY FROM MINI-BUDGETS Reuter MANILA, Tues. British officials said here Chancellor of the Exchequer Denis Healey Is not planning an autumn budget. The officials noted there had been a lot of speculation among IMF delegates here, and in Britain that Mr. HealeyReuter - 446 words
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355 1976-10-06 2 Gold mart can take sales US study Reuter WASHINGTON, Tues. Industrial demand for gold is expected to remain high enough to enable the market to continue to absorb a reasonable volume of sales by the International Monetary Fund and other official sources, a Treasury study said. The study prepared byReuter - 355 words
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355 1976-10-06 2 Reuter BRIGHTON. Tues. Britain's Conservative Party opened its annual conference here today with the problem of how tough they should be towards the country's powerful trade unions. There is a strong feeling among the 5,000 delegates that Parliament's traditional authority IsReuter - 355 words
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253 1976-10-06 2 Reuter TOKYO, Tues. The Finance Ministry hopes to float five-year discount bonds in or after December this year to encourage purchases of national bonds by smaller Investors, Ministry sources said. The Ministry has presented its plan for the flotation of the bonds toReuter - 253 words
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424 1976-10-06 2 NYT WASHINGTON, Tues. Mr. Earl Butz resigned as Secretary of Agriculture yesterday, with an apology for the groat indiscretion of a racist remark that had generated a (rowing clamour of protests and threatened to damage President Ford's election camFord a half-hour laterNYT - 424 words
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768 1976-10-06 2 IMF-WORLD BANK CONFERENCE NYT MANILA, Tues. Even though there are no widespread expectations of noteworthy decisions from the annual joint meetings of the IMF and the World Bank for reconstruction and development here this week, the conclave has. as usual, drawn a blue-ribbon audience fromNYT - 768 words
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266 1976-10-06 2 Reuter MANILA. Tues. West German State Secretary at the Finance Ministry Mr. Karl-Otto Poehl said Germany provides substantial amounts of balance of payments assistance on a bilateral basis as well as within the framework of the EEC and IMF. He told theReuter - 266 words
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197 1976-10-06 2 Reuter MANILA, Tues. US Treasury Secretary William Simon said here Japan is not manipulating the yen. "It was never demonstrated to me Japan was manipulating its currency," Mr. Simon said, adding: "I continue to believe Japan is adhering to the spirit of theReuter - 197 words
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382 1976-10-06 2 Reuter MANILA, Tues. South Africa will not make Its traditional statement to the IMF conference because of lack of interest In gold Issues at the meeting, South African Secretary of Finance Gerald Browne said. He told reporters the decision not to make anyReuter - 382 words
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306 1976-10-06 2 Reuter MANILA, Tues. Discussion between the Italian Government and the IMF over further IMF drawings by Italy will start again within the next few weeks, Italian Treasury Minister Gaetano Stammati told Reuters. Mr. Stammati said he met IMF managing director Johannes Witteveen onReuter - 306 words
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Article164 1976-10-06 2 If China wants to join Reuter MANILA, Tues. The United States would look favourably on an application by China to Join the International Monetary Fund (IMF) but would strongly resist any attempt to expel Taiwan, US Treasury Secretary William Simon said today. Mr Simon, here at the IMF-World Bank annualReuter - 164 words
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Article399 1976-10-06 3 CANADIAN INTEREST RATES MANILA, Tues. Canadian Finance Minister Donald Mac Donald said his government will closely watch the inflation rate over the next two months before taking any decision on domestic interest rates. Canadian bank rate stands at 9.5 per cent and while long399 words
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379 1976-10-06 3 Reuter BONN, Tues. New orders received by German industry fell by IVi per cent, seasonally adjusted, in August from July, the Economics Ministry said. The ministry said the new orders level was still eight per cent above that for June. The rise betweenReuter - 379 words
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Article113 1976-10-06 3 Reuter BUENOS AIRES, Tues. Argentina has been granted US$l.3 billion (5535.5 billion) in credits by the International Monetary Fund and commercial banks in the US, Canada. Europe and Japan to roll over short-term foreign debt. Economy Minister Jose Alfredo martinez De Hoz said. He toldReuter - 113 words
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332 1976-10-06 3 American bank rates down to 6 3/4 per cent Reuter NEW YORK, Tues. United States prime lending rate* have bottomed at their present 6—3/4 per cent although short-term money market rates may fall slightly further, economists here said. Virtually all major US banks have cut their rate to 6—3/4 perReuter - 332 words
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Article166 1976-10-06 3 Reuter COPENHAGEN, Tues. The Danish Government has raised bank rate to 11 per cent from 8.5 per cent the Central Bank announced. The 2.5 per cent increase is the largest single rise ever in Denmark, banking sources said. The new rate is effective today,Reuter - 166 words
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Article36 1976-10-06 3 AP WASHINGTON; Tues. Ghana, which has been armed entirely by Western nations until now, reportedly has sent a military mis-* sion to Moscow to discuss a possible weapons deal with the Soviet Union. AP.AP - 36 words
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Article29 1976-10-06 3 UPI TOKYO. Tues. Soviet Foreign Trade Minister N.S. Patolichev has postponed indefinitely a visit to Japan scheduled for late this month, the Asahi newspaper said today. UPI.UPI - 29 words
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Article, Illustration985 1976-10-06 3 A.H. Raskin - By A.H. Raskin NYT EVEN before West German voters went to the pools to select new national leaders, Germany's powerful unions had begun preparing what could be a most unwelcome present for the election victors. The unions are scheduled to complete by the Oct 15NYT - 985 words
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Article, Illustration777 1976-10-06 3 LONDON, Tues. A conference which opened in here today was described as timely for creating confidence in the bright future of the tlnplate industry the largest tin consumer accounting for some 40 per cent of the total consumption of tin. The speaker777 words
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Page 2 Advertisements
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Advertisement103 1976-10-06 2 SEE PAGE 11 DOCUMENT PROCESSING DIVISION Wm Wywy meets iw your copying needs Wywy Private Limited sole distributor for Ricoh copying systems. Now every owner of a Ricoh copier stays secure with Wywy's supporting staff of over 60 professionals. To bolster client confidence in Ricoh, Wywy has implemented the most103 words
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Page 2 Miscellaneous
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Miscellaneous241 1976-10-06 2 RADI SINGAPORE 5 3.00 p.m. Opening announcements followed by Lensa 35 (Malay) (r) 330 Diary of Events (Malay.) 335 General Hospital 4.15 Dendang Remaja (Malay) (r) 4.30 Intermission 5.55 Opening announcements followed by Secret of ISIS "Lights of Mystery Mountain" 6.20 Consumers' Guide (English/Malay) 6JO News in brief 6.35 Wildlife241 words
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Page 3 Advertisements
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Advertisement186 1976-10-06 3 Provides comprehensive management consulting O iO GENERAL MANAGER A world leader in the manufacturing and marketing of highly sophisticated products seeks a General Manager for its Singapore-based marketing subsidiary. He will be responsible to the Far East Regional Manager for the sale of air pollution control, air filtration and air186 words
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Advertisement297 1976-10-06 3 DO YOU SELL AMERICAN PRODUCTS? 4 aiii If you do, study the above picture. It shows the demonstration of an American product by a local company. The place: the US Trade Center. The purpose: to reinforce the company's marketing efforts. The cost: minimum. More than 250 companies have utilized the297 words
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COMPANY NEWS
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310 1976-10-06 4 AS warned by the chairman, Mr John Curran, in the 1975 annual report, the current year Is turning out to be a disappointing one for Gold Coin. Interim group pre-tax profit, for the period to end-June, 1976, appears to bear out Mr Curran's forebodings310 words
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192 1976-10-06 4 JUDING from their Interim statements, It would appear that the twin property companies Central Properties and Town and City are relying less on Its earning from the property development aspect of their business. Central Properties did not derive any Income from property development altogether In192 words
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Article360 1976-10-06 4 AFTER plunging deeply into the red in 1975, Taiping Textiles' fortunes have picked up with the recovery in the world economy, and particularly the textile industry. For the first six months ended June 30, 1976 net after tax profit was M 5279,161 against a loss360 words
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945 1976-10-06 4 AFTER passing through a disastrous year with a massive net loss of $12.5 million, Ben Is now urgently looking round for someone to rescue it from Its financial difficulties. The latest possibility being explored by Ben is either a merger or a takeover945 words
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Article100 1976-10-06 4 CYCLE and Carriage has agreed with Sarawak Motor Industries to form a Malaysian company. Motor and Carriage Industries, with an initial paid-up capital of M 5200,000. C and C, through Its wholly owned subsidiary. Cycle and Carriage (Malaysia), has subscribed for 80,000 shares of100 words
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Article656 1976-10-06 4 A MYRIAD of problems at both the parent company and subsidiaries dragged Federal Cables, Wires and Metal Manufacturing badly Into the red last year. Underlining the severity of the situation, the group had to turn to the Malaysian Industrial Development Finance* and its bankers for additional656 words
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Article514 1976-10-06 4 Currant E> Date Data payable Total for the year Total for previoua year Con. Pleat J.C.-M.P.H. Sol. Dredging G.E.Lifc Hume (M) HUM (PC) And. Aatl Prima Diudoplnd. Malaya wata Paper Prod. SEA Corp. in—— Bata (M) Chem. lad. (PE) Oriental Hide. New Sereodah O.C.B.C. U.A.C. K.L.K. Deb. Tamer514 words
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333 1976-10-06 4 LONDON Asiatic Rubber and Produce, one of the London domiciled rubber companies of the Harrisons and Crosfleld stable is having a good year in 1976. Interim pre-tax profits, which are based on an estimate for the full year proportioned for the first six months333 words
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253 1976-10-06 4 THE news that sent shares in Pacific Development Credit shooting up 19 cents last week was that the company at last has the chance to get out of the strangehold of its financial problems. This is the import of the report that Pacific Development253 words
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608 1976-10-06 4 JOHN H. ALLAN - By JOHN H. ALLAN NYT NEW YORK, Tues. It has been Just a year since Interest rates on municipal bonds hit their highest levels on record. It Is also Just a year since Moody's Investors service lowered Its rating of both New York CityNYT - 608 words
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Article966 1976-10-06 4 >>>>> 1 mi On 0< OPTION OCT 45 UNTRD SO 91/4 55 41/2 80 3/4 50 UNTRD stober JAN 14 7/8 9 3/4 UNTRD 3 UNTRD 4 APL NOL UNTRD NOL 37/8 UNTRD STOCK 591/4 591/4 591/4 591/4 80 Am tel Am t«l Avon Avon Avon Avon966 words
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Page 4 Advertisements
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Advertisement95 1976-10-06 4 a business deal a trunk call an emergency CAN YOU *m. AFFORD TO MISS V THIS CALL? M I I 1-1 1 ll' I YOUR 24-HOUR ANSWERING SERVICE The ANSAFONE MARK 7 PLAYBACK is an indispensable innovation especially for offices which are at times left unmanned. All recorded messages can95 words
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INTERNATIONAL COMPANY NEWS
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534 1976-10-06 5 RICHARD PHALON - By RICHARD PHALON NYT NEW YORK, Tues. Though uncertainty about the true financial condition of New York and other cities has upset the municipal securities market, investors still are not getting nearly as much detailed information about state and city fiscalNYT - 534 words
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Article230 1976-10-06 5 HONGKONG, Tues. A major development in the hire purchase industry of the region was announced by Jardine Matheson (HK) and Barclays Bank International. By an agreement signed in Hongkong, by visiting Barclays chairman, Mr. A.F. Tuke, and Jardines chairman, Mr. D.K. Newbigging, Barclays and Jardines become equal230 words
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339 1976-10-06 5 Reuter PARIS, Tues. Peru Is encountering difficulties in raising its planned US$4OO million five-year Euroloan due to a disappointing response by European bankers, banking sources said. European banks were asked to contribute $100 million but have so far pledged only $75 million and appear unlikely toReuter - 339 words
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Article72 1976-10-06 5 Reuter AMSTERDAM, Tues. Nederlandsche Mlddenstandsbank said it plans a 50 million guilder 10 1/4 per cent 15-year subordinated debenture loan to be priced on Oct 8. Lists open on Oct 12 with payment on Nov 1. The loan, which will be used to strengthen the bank's longterm fund position,Reuter - 72 words
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Article37 1976-10-06 5 Reuter AMSTERDAM, Tues. The Nederlandsche Waterschapsbank 100 million guilder 9 3/4 per cent ten year loan at 99 1/2 per cent was slightly oversubscribed, Algemene Bank Nederlande said. Lists opened and closed on Oct 1. Reuter.Reuter - 37 words
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Article34 1976-10-06 5 Reuter ZURICH, Tues. The Calsse Centrale de Cooperation Economique 80 million franc 15-year loan will bear a coupon on 5 3/4 per cent, primary market sources said. Issue price is not yet fixed.Reuter - 34 words
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Article127 1976-10-06 5 Reuter NEW YORK, Tues. Exxon Corp's wholly-owned Exxon Nuclear Inc. affiliate said It definitely decided to construct a nuclear fuel fabrication plant In Llngen, Germany. An Exxon spokesman said the company had previously announced it was considering building the facility and that Llngen was theReuter - 127 words
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Article97 1976-10-06 5 SYRACUSE, New York, Tues. Carrier Corp has reached an agreement in principle to acquire Ideal Electric and Manufacturing of Mansfield, Ohio. Ideal Electric, with 1975 safes in excess of US$l5 million, manufactures synchronous generators, hermetic motors, variable speed couplings, large induction and synchronous motors and motor97 words
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446 1976-10-06 5 EILEEN SHANAHAN - By EILEEN SHANAHAN NYT WASHINGTON, Tues. Mr. Donald I. Baker, the new head of the Justice Department's antitrust division, believes that much stiffer sentences should be imposed on criminal violators of the Antitrust Law. Therefore, he said In an interview, he has assigned aNYT - 446 words
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206 1976-10-06 5 Reuter DETROIT, Tues. US car makers said they are going ahead with plans to build 1978 model cars using 1977. pollution standards. This sets the stage for a confrontation because Congress failed to pass a bill carrying over the 1977 standards through 1978. ThusReuter - 206 words
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744 1976-10-06 5 PAUL CHEESERIGHT - By PAUL CHEESERIGHT Financial Times LONDON. Tues. Picture a falntlv gleaming piece of Jewellery in an off-white colour, silvery even, set off against a darkish skin. Picture, in fact, Dlatinum jewellery on the clothing of Japanese women. It is an image that must bring constantFinancial Times - 744 words
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Article168 1976-10-06 5 Reuter BADEN, Switserland, Tues. Brown Boverl Und Cle Is discussing with its 40 per cent owned French subsidiary Cle ElectroMecanlque and the newly formed Alsthom-Atlantlaue group the possibility of a link-up between the two French companies, BBC spokesman said. The spokesman declined to comment on theReuter - 168 words
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Page 5 Advertisements
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Advertisement130 1976-10-06 5 BUIMKER RAMO Dataprep's System combines the power of DATA GENERAL'S Eclipse Computer and BUNKER RAMOS Savings and Commercial Banking Terminals. CRT display-stations, passbook printer, document printer, credit-card readers and customeridentification device all under the control of a mini-computer. This unique system will be on-line to all branches, using high-speed communication130 words
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Article1914 1976-10-06 6 SECTION ONE INDUSTRIALS 1*7® Hiffh Low Company Last Sale +«rGr'a div Div c'vr Gr'a y'W P/E Vol cow) Day High Low 215 206 100 237 186 402 2(H* 248 460 137 170 172 60 185 66 254 163 172 406 39 Acma Alcom Allied Choc Bala Ben1,914 words
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Article1172 1976-10-06 6 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. All Time Settlement Contracts are quoted after the word "Sett." Big Board1,172 words
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Article140 1976-10-06 6 SINGAPORE UNIT TRUST M»n«*rr» prices for Oct The Commerce The Savins Fund S pore Prog Fund S'pore Security Fund S'pore Invest Fund 1.75 1.84 0 99 1.04 0.81 0.86xd 1.29 1.35 1.07 1.12 ASIA UNIT TRUST (Manager*' price* for Oct. S> Mai Invest Fund Mai Prog Fund Mai140 words
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Article348 1976-10-06 6 S'pore Govt 5 1/2% Taxable Loan No 2 With A I 1975/lst Dec 1977 (1,000,000) (101.688 101.755) S'pore Govt 5 1/2% Taxable Loan No I With A I 1976/15 th Apr 1978 (1.000,000) (101.458 101.508) S'pore Govt 6 3/4% Taxable Loan No 1 With A I348 words
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Article1108 1976-10-06 6 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchunge yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. INDUSTRIAL* Acma (1 *IB>. Ajinamota (1 858 2.005). A. Tap* (0.41 IB)1,108 words
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Page 6 Advertisements
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Advertisement6 1976-10-06 6 found only in the best company...6 words
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Article654 1976-10-06 7 A SLIGHT reaction to Monday's easier trend was noted at the Stock Exchange of Singapore yesterday with marginal gains attending most shares. Buying on contra account was fairly active in the morning. But in the afternoon session the market appeared to be showing strain which resulted654 words
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Article510 1976-10-06 7 SHARE prices perked up slightly at the Kuala Lumpur Stock Exchange yesterday as sentiment improved. Although the tempo of trading remained at almost the same level as Monday's the better performance of stocks was a welcome relief after the sharp decline the previous day. Opening510 words
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WALL STREET AND OTHERS OVERSEAS MARKETS
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Article895 1976-10-06 7 NEW YORK: With many Investors observing the Jewish holiday of Yom Kippur, stock prices backed off slowly on Monday. Analysts said that for traders participating In the market about the only Item of Interest were the reports coming In concerning tne three-week-old strike at Ford Motor. Reports circulated895 words
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Article251 1976-10-06 7 AMSTERDAM: The market fell virtually across the board on Monday, Royal Dutch, Unilever and Hoogoveni led Dutch internationals lower. OCT 04 Fls Ahold 80.30 -0.1 Akzo 28 90 -0.1 Algbank 275.50 •1.5 AMEV 47 50 -C6 Amfas 73 00 -0 6 Amrot Bank 65 00 -1 Bergoss 140 00251 words
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Article259 1976-10-06 7 FRANKFURT: Shares closed lower on Monday, undermined by the narrow Socialist/Liberal coalition victory In the day's elections and sharply weaker Wall Street close last Friday, dealers said. Steels, led by Mannesmann, lost up to seven marks due to.the possibility of more short-time working while motors, engineerings and stores lost259 words
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Article387 1976-10-06 7 SYDNEY: The market closed generally easier In dull trading on Tuesday, dealers said. The Sydney All-Ordinaries fell 0.08 point to 465.58. BHP rose 14 cents to A 57.62 but its rights lost six cents to 53.42. Ei Industries rose five cents to $3.50 and CBC, Too hey s and387 words
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Article312 1976-10-06 7 JOHANNESBURG: Gold shares moved easier following lower overseas bullion Indications In quiet trade on Monday, dealers said. OCT (M A Alpha Rand INDUSTRIALS Abercom AE And CI 278 1M 1 -2 AMIC 820 1 +5 ATI 1 unch Bankor Barlows 270 atf..::::::: tot 180 -20 CurneFinance DeBeersInd 46 825312 words
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Article125 1976-10-06 7 MANILA: The market closed slightly firmer across the board In dull trading on Tuesday, dealers said. Minings were slightly firmer In line with the rise In copper prices, while oils were mostly steady to slightly higher. OCT M Pesos Acoje Mining .017 -0 0005 Atlas Con A 33 50125 words
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Article332 1976-10-06 7 HONOKONO: The market closed little changed In quiet trading on Tuesday, with Investor Interest lacking In the absence of news, dealers said. The Hang Seng Index rose 1.17 points to 412.21. Turnover on the four exchanges rose marginally to $18 20 million from $18.14 million on Monday. OCT 05332 words
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Article220 1976-10-06 7 ZURICH: the market closed barely steady on Monday, In very quiet dealings, with buyers reserved dealers said. Except for slightly higher Bsrtg—llsi halt other leading banks ruled barely maintained. Foreign stocks eased The Credit Swiss* index dropped 0.3 point to 207.3. OCT M Franca 1 Action* Swisses 243 -1220 words
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Article258 1976-10-06 7 TORONTO: The market closed lower in quiet trading on Monday. with Yom Kippur holiday reducing overall action here as in New York. Declines had at one point outnumbered advances more than two-to-one, but the margin was reduced near the close with the final number of lower Issues at 206258 words
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Article298 1976-10-06 7 PARIS: The market was lower on Monday, ahead of the planned national strike last Thursday and following Wall Street's weaker trend, dealers said. OCT M Frs CORBEILLE Air-Liquide 338.SO 1 unch B S N Gervals Danone 562 -5 CSF(ThomaonCsf> 167 4-1 Cle Francalse des Petroles 97.40 -0.2 Citroen SA298 words
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Article89 1976-10-06 7 BRUSSELS. The market was mixed with a lower bias In quiet trading on Monday, dealers said. OCT 04 Fr» FORWARD MARK*"" Acec ~y Arbed Astur Brascan Bru-Lamb Canpac vn Cock De Beers Ebes Electrobel 0 Gb-Inno-Bm 15 Gev 12 Hobok unch Petto 4340 -100 Ryl Dutch 1805 -35 Sldro89 words
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Article135 1976-10-06 7 MILAN: The market closed lower on Monday. In quieter trading on persistent selling, following recent Italian Government economic measures and the higher bank rate, dealers said. Shares closed generally at the day's lows. Bonds were also easier. OCT M Lire Ante 465 -20 Assoc Gen ***** -620 Bastogl 974135 words
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Article83 1976-10-06 7 OCT 05 BaiiU Asia Fibre 109S unch Bangkok Bank 243 unch Bangkok Invest 131 unch Bangkok-Metro-pohtan Bank 2620S unch Bata Berli Jucker 1M unch Charoong Thai Wire 145S Dumex Duslt Than! Faber Merlin Flri^Trust Indo-Thal 185S unch J And J Ho 123 Jalaprathan Cement 72S -I KamasuU 34S -183 words
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Article198 1976-10-06 7 TOKYO, The market was generally easier with trading confined to narrow movements. The New Index fell marginally by 0.19 points to 356.65 points while the Dow Jones average was 5.33 points lower at 4.829.94 on a total turnover of 250 million shares. OCT M Yen Ajlnomoto Akal Asahl Chera198 words
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Article730 1976-10-06 7 LONDON, Tues. Government stocks and leading equities closed easier in quiet trading after a steady to firm opening, dealers said. Lack* of support, fears of higher interest rates and easier sterling prompted tMe losses, they added. Government loans had longs easier by up to 1/2 point and shorts around730 words
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Article81 1976-10-06 7 FINANCIAL TIMES INDUSTRIALS Monday Friday 317.5 Week ago 344.6 TINS Monday Friday Week ago 115.07 RUBBERS Monday ,474.85 Friday f 467 17 Week ago OILS Monday 340.41 Friday 338.93 Week ago 352.87 DOW JONES AVERAGE INDUSTRIALS Monday 977.98 Friday 979 89 Week ago 1013.13 LONDON DOLLAR PREMIUM Monday 12881 words
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Page 7 Advertisements
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Advertisement354 1976-10-06 7 T, Yes, Penguin books are not to be found in any ordinary shop. ot n roa d"Side stalls. Heavens, certainly not in the pasar mat am! Because Penguin books are rather special. They are mind-stimulating, deeply researched, m enterta n n 9 n a wholesome way,highly educational Pi' JI fill354 words
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COMMODITY REPORTS AND PRICES
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Article717 1976-10-06 8 OPENING quotations in the Singapore rubber market (resterday were a shade ower and thereafter prices lost further ground on liquidations and unwinding of both October and November positions dealers said. Towards the morning close prices firmed slightly, but on balance the market was still lower. Forwards were lightly717 words
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Article277 1976-10-06 8 The Straits tin price In Penang vest *rday closed $0.50 higher to <1,200 per picul on an official offering up 53 tonnes to 424. LONDON, Tues Tin lost mostly £20 per tonne In both contracts. This was attributed to some profit-taking on a market lacking covering and fresh277 words
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Article120 1976-10-06 8 LONDON, Tues Lead rose around £1.75 per tonne for Cash and £1.50 for Three Months. Buying from one or two quarters was believed by traders to be partly on continental account and easily absorbed liquidation hedge selling against scrap intake. The recent North American producer price increases and US120 words
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Article31 1976-10-06 8 Rubber: Oct. 5. Singapore: Oct. 200.50 eta. (down 3.00 eta.) Malayaia: Oct. 206.00 eta. (down 2.25 eta.) Tin: 51.200 (up 50 centa) Official offering: 424 tonnes (up 53 tonnes).31 words
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Article430 1976-10-06 8 THE game of "Simon says" was played again yesterday after a long silence from the US Treasury Secretary. His comments put Gold up US$l.OO per ounce at the opening of the Singapore gold market yesterday, but this gain evaporated during the day on a mildly active market with the430 words
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Article119 1976-10-06 8 LONDON, Tues Silver steadied by I.Bp to 1.5p per troy ounce. Dealers said values were marked up initially following the late overnight recovery at New York and thereafter showed no significant change in quiet and featureless dealings. Three Months finally traded at 268.2 p. About half the turnover of119 words
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Article245 1976-10-06 8 CHINESE PRODUCE EXCHANGE. SINGAPORE NOON CLOSING PRICES PER PICUL YESTERDAY Coconut Oil: Bulk $71 sellers, old drum 576 sellers, new drum $81 sellers. Copra: Mixed (loose) UK/Cont 45 buyers Prppar: Muntok ASTA white f ob 100% NLW $290 sellers. Sarawak white f ob 96% NLW $275 sellers. SARAWAK245 words
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Article305 1976-10-06 8 LONDON, Tues Copper wlrebars softened by fully t!5 per tonne for Cash and C 4 for Three Months. Cathodes declined by t'6.50 and fully L 5 respectively. Dealers said early steadiness reflected overnight gains in US futures and hopes of an early settlement of the US Ford Motor strike.305 words
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Article58 1976-10-06 8 LONDON, Tues Zinc finished with modest morning losses of around £1.75 per tonne for Cash and L 2.25 for Three Months. Dealers said values drifted lower in sympathy with copper in thin trading conditions. Three Months finally changed hands at £430, compared with 1434 In the pre-market. Carries accounted58 words
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Article198 1976-10-06 8 LONDON, Tues. Terminal opened very steady on trade buying and shortcovering which met mixed selling and profit-taking resistance. At the end of the opening call values were C 3.75 to C 2.30 higher. Sales totalled 994 lots. Dealers attributed the rise to the constructive price paid to a London198 words
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Article90 1976-10-06 8 LONDON, Tues. Terminal cocoa steadied on chart and commission support partly against New York to establish gains from last night of up to L 27.50 per tonne in near March at €1,620. Dealers said belated hedging against recent origin sales, possibly Nigerian, delayed the movement in the early stages.90 words
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Article93 1976-10-06 8 LONDON, Tues. A grlvate publication report of oviet sunflower seed harvesting delays touched off a brisk shortcovering demand In edible oils traders said. The report said only 11 per cent of the Soviet sunflower seed area was harvested as of September 20 partly due to a large grain crop93 words
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MONEY AND EXCHANGES
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Article361 1976-10-06 8 THE US dollar and sterling generally held steady yesterday on moderately active trading In Singapore's forex market. The US unit opened slightly higher in the morning at 552.4560 and closed at around 552.4565. Sterling held at U551.6750 while Sterling Singapore dollar ranged at the SS4 1050 level The ACU361 words
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Article178 1976-10-06 8 Asian rates ASIAN currency deposit Interbank rates as at clow on Oct. S. U8 Dollars (Spot) Offer Bid 7 days S 7/16 S 5/16 1 mth 5 1/2 5 3/8 2 mths 5 9/16 S 7/16 3 mths 5 13/16 5 11/16 6 mths 6 1/16 6 15/16 9 mths178 words
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Article54 1976-10-06 8 RANGE of prtw offered by discount houses on Oct 5. Overnight 2N to 3**H Call deposit 3 to 3M vM* Buy ■lag Selling 3-Month Treasurer bills 3 3/10 3 1/16 3-Month Bank bills 4 1/2 4 3/8 3-Month CD 4 5/8 4 9/16 6-Month CD S 1/8 554 words
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Article183 1976-10-06 8 Euro rates LONDON, Tues. Slack trading was reported at the outset In Eurodollar deposits. Period rates showed little change from Monday in routine Interest. Short dates were also steady apart from the Thursday/Friday position which was quoted at around 20 per cent. This rate incorporated the US Columbus Day holiday183 words
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Article55 1976-10-06 8 Minimum lending rates (in Algemen* Bonk 7 C itibonk mm Bangkok Bonk 7'/4 HKSBC 7V4 Bonk of Am«rico 7 1ndosuez 7 Bonk of Chino 7V4 Moloyon Bonking 7 Bonk of Tokyo 7 Mitjui Bonk 7 Bonk Nagoro Irtdonctto 7V4 OCBC CNjrt«f«j Bonk 7 OUB 7 7'/i C*o*« Monhotton 7 1KB55 words
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Article426 1976-10-06 8 The Jute Industry In India, for a long time one of India's largest traditional forex earners is going through a major crisis. At the end of August, a total of 170,000 tonnes of unsold Jute goods worth Rs 700 million (about 551,690 million) had piled426 words
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Article111 1976-10-06 8 LONDON, Tues. A good demand was seen for the 30,479 packages of tea offered at Monday's auction, the Teabrokers Assoc. said. Best Assams sold well particularly Pekoe Oannlngs and Dusts which advanced. Bangladesh teas lost ground and were often withdrawn. African CTC's remained strong and coloury sorts were dearer111 words
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Article95 1976-10-06 8 BANGKOK. Tues. The rice market was quietly steady and no additional contracts were concluded on a government or commercial basis, after a flurry of activity in the previous weeks, trade sources said. Commerce ministry sources said they expect 102,000 tonnes to be exported during October on a government-to-government basis.95 words
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Article468 1976-10-06 8 LONDON, Tues. Sterling, the French franc and the lira consolidated and extended Monday's gains against the dollar and other Europen currencies in quiet opening trading, dealers said. Atention remains centred on the European joint float where the mark's postelection decline is enabling weaker float currencies to trade well within468 words
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Article124 1976-10-06 8 TOKYO, Tues. The US dollar for overnight delivery closed at 287.35 yen, up from 287.25 at the opening and 287 at Monday's close. Dealers said the US currency opened higher following a decline in the yen abroad. The dollar rate edged up with Increased Import covering In forward positions124 words
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Article33 1976-10-06 8 HONGKONG banknotes quoted on Oct 5: US 4.85/4.87 UK 8.15/8.25 Burma 2.00/2.50 India 4.40/4.70 Indonesia 1.12/1.16 Japan 1.685/1.695 Korea 0.90/0.95 Philippines 0.59/0.62 Singapore 1.96/1.98 Malaysia 1.92/1.94 Brunei 1.925/1.945 Thailand 24.30/24.60 Taiwan 12.30/12.6033 words
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Article30 1976-10-06 8 FRANKFURT exchanges quoted on Oct 5. US 2.4560/75 (2.4585/95) Can 2.5238/49 UK 4.115/130 Neth 95.83/98 Switz 99.75/90 Italy 2.915/930 France 49.65/80 Belg. Com 6.52/54 Belg Fin 6.27/28 Japan 0.8550/0730 words
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Article39 1976-10-06 8 ZURICH exchanges quoted on Oct. 4. US 2.4585-4595 UK 4.1150-1185 Can 2.5285-5305 W'germ 100.02-11 Neth 95.85-92 France 49.67-72 Belg 6.51-52 Denm 41.70-75 Norw 46.14-17 Swed 57.55-60 Italy 0.2898-2907 Austria 14.09-11 Port 7.86-89 Spain 3.61-3/4-62-1/2 Arg 1.25-2.25 Japan 0.85-1/4-8639 words
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Article50 1976-10-06 8 AUSTRALIA/NZ exchanges quoted on Oct. 5. Sterling 0.7451/0.7373 US dollar 1.2455/1.2405 Ninety day air mail buying rates Sterling 0.7775, US dollars 1.2739 Ninety day forward buy- ing rates Sterling 0.7560, US dollars 1.2294 New Zealand Sterling 0.5849/0.5815 US dollar 0.9816/0.9716 Ninety day forward rate Sterling 0.6277, US dollar 1.001350 words
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Article323 1976-10-06 8 LONDON, Tues. Straight bonds were steady in quiet trading, dealers said. The ECSC 7-7/8 per cent 1981, which started trading yesterday, firmed 1/4 point to 98-1/2 99. The Kommunlane Institute eight percent 1981, priced at par, traded around 99-1/4 100 after an indicated price yesterday around 99-1/4 99-3/4.323 words
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116 1976-10-06 8 Reuter NEW DELHI, Tues. India's winter wheat and rice crops promise to be a near record despite a late monsoon and drought and floods in some parts of the country, Samachar news agency said. Samachar quoted Agriculture Ministry sources as saying that the KharlfReuter - 116 words
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Article48 1976-10-06 8 Reuter TOKYO, Tues. Japan's stocks of steel products rose 1.1 percent in August to 7.16 million tonnes from July's 7.05 million, the Japan Iron and Steel Federation said. The total included 5.43 million tonnes of markers' inventories, up 1.8 per cent from July Reuter,Reuter - 48 words
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Page 8 Advertisements
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Advertisement248 1976-10-06 8 O/ll I> r 1 in Asia FORTUNE is essential reading for 615,000 of the world's most influential executives. Each month, FORTUNE explores the future, offering look-ahead information on economic trends, corporate strategy, multinational business, management methods, the outlook for investments, and the new technology. To subscribe to 18 issues of248 words
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TRANSPORT AND COMMUNICATIONS
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Article, Illustration1271 1976-10-06 9 Michael Van On - KLM A TURN FOR THE BETTER... By] Michael Van On Financial Times AMSTERDAM, Tues. While hopes expressed by KLM Royal Dutch Airlines in mid-1973 that it could return to profits in 1973/74 were dashed soon afterwards by the effects of the oil crisis on the world aviation Industry, the airline'sFinancial Times - 1,271 words
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Article186 1976-10-06 9 Reuter CHICAGO, Tues. The United Auto Workers and Deere and Co reached tentative agreement on major economic issues before central contract negotiations broke off last Saturday, a UAW spokesman said in response to a Reuters inquiry. The UAW struck Deere last Thursday at midnight. making idleReuter - 186 words
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428 1976-10-06 9 Douglas Ramsey - By Douglas Ramsey TOKYO, Tues. Japan Air Lines is placed for a strong recovery from its huge losses in 1975, and its profits outlook to 1980 is nothing short of stupendous. Put simply, JAL is riding the crest of a booming cargo and passenger428 words
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Article74 1976-10-06 9 A SYMPOSIUM on the "Economics of Cargo Movements by Air and Sea" will be held on Oct 23, at the Regional English Language Centre Auditorium. The one-day symposium is organised by AIESECSingapore (International Association of Business and Economics Students). Five papers will be presented during the symposium74 words
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Article, Illustration166 1976-10-06 9 IN KEPPEL WHARVES: Cherry Vilja (B. Barge) 48. Dong Kwang 19, Hong Lee 21 East, Kwangtung 44, Ramoneverett 40/41, Sanshu Maru 18, Strathmay 45, Tarpon Seaway 31/32, and Tulane 8/9. CONTAINER PORT: Advara B/50, Benakler B/49 and Dellcal B/52. SEMBA WANG PORT: Delpllc Miracle B/2. PASIR PAN166 words
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Article87 1976-10-06 9 Reuter LONDON, Tues. British Airways has decided to drop one of Its twice weekly Concorde flights to Bahrain and is adding a third weekly service to Washington from today. A spokesman for British Airways said that the flight to Bahrain had been dropped while negotiations for the Anglo-FrenchReuter - 87 words
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Advertisement611 1976-10-06 9 Confront Singapore's decision makers in Business Times For only $3.50 per single column centimetre Business Times, Singapore's new financial daily, offers you the most costeffective medium to reach Singapore's top businessmen. The decision makers of industry and commerce. Politicians, civil servants, the media and more. It's people like these who611 words
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Article, Illustration904 1976-10-06 10 HENRY GINIGER - An example of how the past weighs on the present By HENRY GINIGER NYT THIRTY-SIX years of dictatorship weigh heavily on the Spanish people as they try to forge another democratic life. Barely 10 months after the death of Generalissimo Francisco Franco, Spain Is radically different, yetNYT - 904 words
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621 1976-10-06 10 GENE SMITH - By GENE SMITH NYT THE United States purchasing managers joined the ranks of those who are finding that business is not living up to earlier expectations. The September report of the National Association of Purchasing Management Inc., released over the weekend, concluded that businessNYT - 621 words
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Article, Illustration1863 1976-10-06 10 Anthony Harris on problems of domestic credit growth Financial Times LONDON, Tues. The team from the International Monetary Fund to study Britain's economic problems, and recommend terms for the £2.3 billion stand-by credit which the Chancellor has requested Is not even dueFinancial Times - 1,863 words
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Article769 1976-10-06 10 FLORA LEWIS - SPOTLIGHT ON SWITZERLAND AND HOLLAND By FLORA LEWIS NYT IN WESTERN Europe, where some countries are pulling in one direction and some in another Switzerland and the Netherlands are frequently mentioned by politicians as models of the opposite extremes. While Switzerland remains deeply conservative, theNYT - 769 words
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Page 10 Advertisements
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Advertisement353 1976-10-06 10 YOUR INVESTMENT IN BUSINESS trade&industry This month SINGAPORE TRADE INDUSTRY makes an in-depth study of the chemical industry. The trade analysis shows a bright future despite last year's decline. The manufacturing sector experiences a slow growth as overseas market presents expansion problems. The survey on transportation of chemicals indicates that353 words
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Article, Illustration935 1976-10-06 11 THE IMF-WORLD BANK CONFERENCE IN MANILA YESTERDAY Reuter THE United States today told world financial leaders they must refrain from turning the International Monetary Fund into a printing press for credit to member governments. Treasury Secretary William Simon's addressReuter - 935 words
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398 1976-10-06 11 UPI THE American Treasury Secretary William Simon told the world's finance ministers today that they face a massive balance of payments deficit of about US$5O billion (*****.5 billion) next year as a counterpart of a renewed increase in the surplus ofUPI - 398 words
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Article, Illustration436 1976-10-06 11 AP INDONESIAN Finance Minister All Wardhana called on the IMF today, to support buffer stocks for countries that depend on producing primary products. "So far the fund has not been able to play a significant role In financing buffer stocks," Mr. Wardhana said in a speechAP - 436 words
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564 1976-10-06 11 Reuter INDIA today spearheaded a developing countries' call for basic reforms in international economic relations to narrow the gap between rich and poor and attain a balance of wealth in the world. "There is now irrefutable evidence that the gap between richReuter - 564 words
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Article1091 1976-10-06 11 DAVID ANDELMAN - •y DAVID ANDELMAN NYT MORE than 400 families have been forcibly removed from their homes, and their houses demolished, in and around the Tondo slum area of Manila one of the worst in Asia and the scene of a major World Bank urban renewalNYT - 1,091 words
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Article226 1976-10-06 11 Reuter THE Governor of the Bank of France, Mr. Bernard Clappier echoed pleas for sound house-keeping by governments. He said the unsettled condition of International payments could only be lastingly improved if economies function in a sound manner. In what sounded like a reproach toReuter - 226 words
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Article96 1976-10-06 11 Reuter MANILA, Tues. The hardening of World Bank loan terfns would compound the already excessive debt burdens of the developing countries at a time when they can ill afford it. Thai Undersecretary for Finance and central bank governor Amnuay Viravani said. Speaking at the Joint annual meetingReuter - 96 words
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Article565 1976-10-06 11 Reuter THE IMF has acceded to a French request to review its gold auction policy before the fifth gold auction takes place, informed monetary sources said here. They said that France had persistently made clear In the IMF executive board that it favoured the commonReuter - 565 words
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Article418 1976-10-06 11 Reuter BRITAIN'S Permanent Secretary to the Treasury Sir Douglas Wass said it is of paramount importance that the global economic recovery be sustained. He told delegates to the IMF annual conference "growth has faltered a little in the main industrial economies in mid-year. But provided itReuter - 418 words
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Advertisement110 1976-10-06 11 Keep in touch with business developments in Singapore wherever you are in the world Subscribe now to Business Times BUSINESS TIMES Singapore's Financial Daily Subscription Rates (in Singapore currency) Surface mail Zone Singapore Malaysia, Brunei Overseas Second class airmail (Individually wrapped and mailed) Zone Brunei, Sarawak. Sabah Australasia/Pacific (excluding Hawaii)110 words
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561 1976-10-06 12 REVISE NEW CABINET CALL Reuter AP UPI BANGKOK, Tues. The new Thai Government was buffeted here today by rlghtwlng and leftist elements over the continued presence here of former Premier Thanom Kittikachorn, and a rlghtwlng demand that Premier Senl Pramoj revise his Cabinet. The latestReuter; AP; UPI - 561 words
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371 1976-10-06 12 AP UPI DETROIT, Tues. The United Auto Workers Union and the Ford Motor Company, after successfully manoeuvering through the major issues in a new contract, reportedly have stalled over secondary matters. Negotiators recessed late last night and planned to try again todayAP; UPI - 371 words
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Article, Illustration343 1976-10-06 12 AP 30NN, Tues. Foreign Minister Hans-Dietrich 3enscher said today his small liberal party would continue in the ruling coaliLion with the Social Democratic Party (SPD) lespite gains by the opposition in Sunday's elections. The decision means the SPD-FDP coalition, headed by Chancellor Helmut Schmidt,AP - 343 words
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Article51 1976-10-06 12 INSURERS Brentnall Beard filed a suit for $189,383 In the High Court yesterday, against Chuan Hup Marine for alleged outstanding premiums. This Is the second suit filed against Chuan Hup by Brentnall Beard. Last month a suit for $12,648 was filed against its'associated company, Chuan Hup for51 words
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Article48 1976-10-06 12 Reuter ROME, Tues. Italy's Gross National Product showed a year-to-year Increase of 5.9 per cent in the second quarter of this year compared with the same 1975 period, the Statistics Institute said. This compared with a 4.4 per cent year-to-year rise In the first quarter. ReuterReuter - 48 words
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Article57 1976-10-06 12 Reuter OSLO, Tues. Norway intends to establish an economic zone extending for 200 nautical miles around its shores from Jan 1 next year, Prime Minister Odvar Nordll told parliament today. Major fishing nations like Britain and the Soviet Union will be affected by the creation of the economicReuter - 57 words
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Article315 1976-10-06 12 Reuter AMSTERDAM, Tues Amsterdam Bourse Option Commission secretary Lubbertus W.G. Scholten said there is reason to expect the options market being planned for London will not form part of a Joint European options exchange. Writing in the Amsterdam exchange official journal Mr Scholten saidReuter - 315 words
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440 1976-10-06 12 PROSPECTS of an early settlement to the Rhodesian issue must not be allowed to divert attention from the question of Namibia. The secretary general of the Commonwealth Secretariat, Mr Shrldath Ramphal, said this yesterday when he met the press at the Hyatt Hotel. The440 words
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Article361 1976-10-06 12 KUALA LUMPUR. Tues. New import duty rates on textiles aimed at protecting the textile industries in Malaysia came into force this morning. The rates, announced last night by Deputy Finance Minister Mr Richard Ho, followed representations made by the Malaysian Textile Manufacturers Association, Folex Industries and361 words
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285 1976-10-06 12 CONTINUED support from local and foreign industries in transferring new technological knowledge and skills to the Singapore Industrial Training Board will enable the board to provide a reservoir of well-trained workers to the industries here. This was the view of the divisional285 words
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Article, Illustration348 1976-10-06 12 A NEW concept in living for bachelor executives and young marrieds will be available for sale once construction is completed on a new apartment block in Orange Road. These apartments, called studio apartments, are designed with a high degree of services and amenities provided.348 words
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Article224 1976-10-06 12 A STRATEGIC stake almost equivalent to a/ quarter of Hotel Negara's capital hangs in the balance, depending on the outcome of a law suit pending before the High Court here. The suit was brought by Oversea* Union Bank against Madam Chang Jih Hao (widow of224 words
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178 1976-10-06 12 SINGAPORE'* food manufacturer* are facing increased competition from oversea*. This is one of the reason*, •aid Mr. Pdt Cheng Chuan, president off the Singapore Food Manufacturers' Association, why it is sending an industrial and commercial mission to the Asean countries at the end178 words
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Article103 1976-10-06 12 TOKYO, Tues. Japan's exports surged to an alltime monthly high of U556.64 billion (5516.26 billion) in September, according to preliminary certified figures released by the Ministry of International Trade and Industry (MITI) today. The ministry said the total was up 36 per cent from September last year,103 words
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Article164 1976-10-06 12 METRO'S first departmental store at High Street will be closed in the near future. Metro Holdings yesterday said that the store, which has been In operation since 1957, has been served with a notice of acquisition by the authorities. The property at High Street164 words
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Page 12 Advertisements
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Advertisement50 1976-10-06 12 protect valuable goods and personal belongings from damage due to high humidity t DH 20 $490 Automatic humidity sensor Automatic overflow shut-off Low operating cost No installation cost Occupies only 34 x 47 cm. floor space Vfl|| ■Tflflßl 60 ORCHARD ROAD HIPION MIH iy r* a y i v -150 words
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Advertisement498 1976-10-06 12 y y PA prov.ides comprehensive manaqemeni consulting PARTS SALES MANAGER (Fam and Construction Machinery) FAR EAST AND SOUTH PACIFIC AREA A large international manufacturer of farm and construction machinery invites applications from qualified candidates for the position as Farts Sales Manager based in Singapore. This is an opportunity to join498 words
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