The Business Times, 12 October 1976
1976-10-12
1
12
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The Business Times
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Title Section10 1976-10-12 1 BUSINESS TIMES M.C.(P) 1455/76 TUESDAY, OCTOBER 12, 1976 50 CENTS10 words
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NEWS SUMMARY
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Article90 1976-10-12 1 Agencies. LONDON, Mon. Britain's Labour Government is expected to survive a crucial debate on the economy when Parliament reconvenes after the summer recess today, but will face violent criticism for its handling of the sterling crisis. Prime Minister James Callaghan and Chancellor of the Exchequer Dennis HealeyAgencies. - 90 words
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Article66 1976-10-12 1 Reuter. KUALA LUMPUR, Mon. A IM-member Malaysian trade mission organised by the state-owned Pernas trading company, will take part in the Autumn Trade Fair at Canton which opens on Friday, a Pernas official said today. Pernas group assistant managing director Wan Abdul Hamid told reporters thatReuter. - 66 words
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Article72 1976-10-12 1 Reuter. MANILA, Mon. A West German economic mission is scheduled to arrive in Manila on Oct 31 for a three-day visit to promote closer economic and trade relations with the Philippines, Trade Department sources said Saturday. Headed by Dr. Wllhem Nolllng, Senator for Economic Affairs, Transport andReuter. - 72 words
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Article57 1976-10-12 1 KUALA LUMPUR, Mon. The Syarlkat Jengka Sdn. Berhad's multl-milllon-dollar integrated timber complex is under investigation, prompted by Its unsatisfactory performance. It Is believed that the company's revenue is falling well below target. The World Bank has estimated that the project will raise Malaysia's foreign exchange earnings57 words
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Article50 1976-10-12 1 AP JAKARTA, Mon. Mr. David Rockefeller, chairman of the Chase Manhattan Bank, met with Indonesian vice president Sultan Mamangkubuwono today. Mr. Rockefeller, who arrived in Jakarta today from Ball, also will meet with the Indonesian Chamber of Commerce and Industry tomorrow before flying to Kuala Lumpur. APAP - 50 words
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Article44 1976-10-12 1 Reuter. LONDON, Mon. Britain Is sticking to Its decision to convene a conference on Rhodesia's future In Oeneva In two week's time despite calls by two black Rhodeslan nationalist leaders for It to be put off for about two weeks. Reuter.Reuter. - 44 words
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Article44 1976-10-12 1 UPI NEW YORK, Mon. Dow Jones Averages, based on the first hour of trading today on the New York Stock Exchange: 30 Indus 043.82, down 8.50; 20 transp 207.11, down 2.45; 15 utlls 07.71, down 0.45; 65 stocks 208.33, down 2.71. UPIUPI - 44 words
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Article, Illustration239 1976-10-12 1 THOUGH the relisting of Ha w Par increased activity on the Stock Exchange of Singapore yesterday, it failed to lift the general market gloom. In fact, the market was subjected to one of the heaviest selling waves in the past fortnight. Because of the price difference of239 words
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Article114 1976-10-12 1 Foils Most ocfivt Haw Par $1.13 -.63 Haw Par 749,000 A. Amal $3.80 -.16 Central Sugars 289,000 Pan Electric $1.71 -.10 Pan Electric 231,000 O.Hope $3.10 -.10 Malayan Credit 172,000 C. Btora«* w Boris HU E N E $3.60 Botutead *3.54 C.C.M. $4.13 U.O.B. $3.00 O Kent114 words
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1230 1976-10-12 1 QUEK PECK LIM - ASSOCIATION PETITIONS FINANCE MINISTRY »r QUEK PECK LIM The Association of Banks in Singapore (AB8) has taken steps to resolve what it considers anomalies and restrictions in the administration of the Government's tax laws on Asian Dollar operations. A petition was submitted to the1,230 words
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Article94 1976-10-12 1 Reuter LONDON, Mob. Sterling lost ground in early dealing on the foreign exchange market today, falling to U551.6575. This was half a cent lower than the weekend cloee. When the market opened, the pound briefly roee to 91.6644 but quickly fell back. Trading was light.Reuter - 94 words
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Article435 1976-10-12 1 AFTER a 17-month absence from the Stock Exchanges of Singapore and Malaysia, Haw Par Brothers International once more received its auotatlon and Immediately set out to prove Itself the belle of the board at least in terms of volume. In a fairly active and weak435 words
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Article420 1976-10-12 1 THE directors of Far Eastern Hotels Development yesterday proposed to appoint Ooh Tan and Co., of Shlng Kwan House, Shenton Way, as the independent firm of public accountants to Investigate the company's affairs. The nomination appears to ignore the suggestions made last week by420 words
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416 1976-10-12 1 Reuter. MANILA, Mon. Asian Development Bank (ADB) president Shlro Inoue said the bank will seek to borrow around US$3 billion (SS7.35 billion) on International capital markets over the next five years to finance its loan requirements. Mr. Inoue told the ConfederationReuter. - 416 words
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Article, Illustration344 1976-10-12 1 SINGAPORE'S trade with Australia has never been large, not even to as far back as 1966. On average, over the nine-year period from 1966 to 1975, Imports from Australia averaged only four per cent of Singapore's total Imports. Even then, this percentage share344 words
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Article208 1976-10-12 1 TWO foreign banks basqd in Singapore and a Japanese electronic manufacturer stand to lose about $7.7 million if the High Court grants a winding-up order against Great Union Organisation filed recently by one of the company's creditors, Deeks and Evans. They are Bank of208 words
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Article85 1976-10-12 1 Reuter. CANBERRA, Man. The Deputy leader of Australia's opposition Labour Party, Mr. Tom Uren, today claimed the four-day visit to Indonesia by Liberal Prime Minister Malcolm Fraser had ended in a "callous sell-out" of the East Timorese people. Mr. Uren, in a statement released here only hoursReuter. - 85 words
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Page 1 Advertisements
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Advertisement54 1976-10-12 1 "M For those who want to n play their best ping (Pte)Ltd Overaoaa Nowa/TV E« I Radio Pf 2 Pf Transport A ComO""* 1 n, Buaieathaa Pf Nowa/Faatwoa Pf Feature* Pg 10 Local Co. Nowa Pf 4 Ovwaw Nowa Pg 11 Foroifn Co. Nowa Pf Local ft Overaoaa Local Stocks54 words
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Advertisement131 1976-10-12 1 and give yourself ;nii 1 1 aduantages There are so many banks operating in Singapore. And most of them offer the same or similar facilities. So you may well ask, why should I bank with Chase? The answer is service. The Chase commitment to service is very real. It is131 words
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Advertisement93 1976-10-12 1 U-BIX COMPLETE COPYING SYSTEM APS ELECTRONICS (PRIVATE) LIMITED APS ELECTRONICS (M) SON BHD RUALALUMPUM T» MMTOHMO €XPORT. GOOD FOR YOUR DUSIN€SS, GOOD FOR SINGAPORE. The Chartered Bank takes the complications out of export and puts the service in. More than 1500 branches afl over the world. Years of experience in93 words
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OVERSEAS
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Article, Illustration1620 1976-10-12 2 Reuter. LONDON, Mon. As they count the cost to their pockets of the toughest credit squeeze In the nation's history, the mood of Britons towards their economic crisis has changed from stoicism to sharp apprehension. There Is widespread doubt and concern about the future,Reuter. - 1,620 words
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219 1976-10-12 2 Reuter. FRANKFURT. Mea. THE USfSM million fiveyear credit arranged by a group of Germanbanks for the foreign trade bank of Czechoslovakia carries a m per coat margin ever Loadoa interbank offered This is the same mirfia that Czechoslovakia obtained onReuter. - 219 words
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Article161 1976-10-12 2 Reuter MANILA, Mon. PHILIPPINES Trade Secretary Mr. Troadlo Qulazon Jr, today called for a lowering of trade barriers between Asian nations to help develop the region. Opening the sixth conference of the Confederation of Asian Chambers of Commerce and Industry, Mr. Qulazon noted that atReuter - 161 words
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Article308 1976-10-12 2 Reuter. AP. NEW YORK, Mon. Presidential candidate Mr. Jimmy Carter said here today that President Ford owes an apology to Congress and the American people for his "misrepresentation" in the Wednesday television debate regarding the Arab boycott of American businesses which have Jewish connections. InReuter.; AP. - 308 words
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Article229 1976-10-12 2 Reuter. CANBERRA, Mon. Acting Treasurer Eric Robinson said the Australian Government proposes an October cash and conversion loan offering Cash maturity dates and terms are: August 1978 at 8*4 per cent, February 1982 at 9fc per cent, February 1987 at 10 per cent and OctoberReuter. - 229 words
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306 1976-10-12 2 Reuter. NEW YORK, Mon. The Federal Reserve system is under pressure to revive the stalling economy and discussion of this together with seasonal factors at commercial banks, has depressed short-term interest rates, analysts said. The .slow reaction of the Federal Reserve Bank of NewReuter. - 306 words
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1443 1976-10-12 2 ADRIAN HAMILTON - h ADRIAN HAMILTON Financial Times LONDON: Whatever the Government's gloss on the moves to raise minimum lending rate and call In further special deposits from the banks, It Is clCar that it has little to do with its overall policy of diverting resourcesFinancial Times - 1,443 words
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150 1976-10-12 2 Reuter. TOKYO, Mon. The tempo of economic upturn In JaKn Is showing a slowdown, t on a long-range basis the recovery Is expected to continue steadily, the Economic Planning Agency said In Its monthly report. The slowdown has been Indicated by a decline InReuter. - 150 words
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Page 2 Advertisements
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Advertisement273 1976-10-12 2 MACHINES It m ITOKI Burglar Safe (T.D.R. and E.D.R. Specification) Equivalent to Anti-burglar standard of Underwriter's Leboratories Inc., U.S.A. Recognised and accaptad by undar writers. low sum of insurance premium in this respects. Fir® resistant: 2000°F continaous for 2 hours. Tastad and approved by Japan Industrial Institution Key and 2273 words
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Page 2 Miscellaneous
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Miscellaneous248 1976-10-12 2 SINGAPORE 5 3.00 p.m. Opening announcements followed by Spectrum (English) (r) 3JO Diary of Events (English) 335 Magazine Zero One 3.50 General Hospital 430 Intermission 6.05 Opening announcements followed by The Swiss Family Robinson "The Arrival" 630 News in brief 635 Chapi And Chapo 7.00 News Magazine (Malay) 730 News248 words
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Article108 1976-10-12 3 Reuter. LONDON, Mon. British consumer spending fell to £8,789 million In the second quarter 1978, at 1970 prices seasonally adjusted, from £8,866 million In the first quarter and £8,851 million in second quarter 1975, the Central Statistical Office said. Total personal disposable income was £10,123 millionReuter. - 108 words
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Article92 1976-10-12 3 Reuter. CARACAS, Mon. Venezuela signed a US$l billion (552.4 billion) contract with a banking syndicate headed by the First National City Bank of New York and the Morgan Guaranty Trust Company, Finance Minister Hector Hurtado said. The loan carries annual interest of 1.18 per cent aboveReuter. - 92 words
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177 1976-10-12 3 Reuter. PARIS, Men French ml groM national product Ml 1.3 per cent to 1,442 billion franco in 1175 against 1974, following 2.9 par cent rioe in 1974 ovor 1973, the Notional Statistics Institute (Insee) said.' In the national income accounts, Insee said consumer pricesReuter. - 177 words
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Article32 1976-10-12 3 Reuter. TOKYO, Mon Mitsubishi Motor Corp said it developed a new 2,000 cc car designed to be marketed in the American markets as the 1978 model late next year. Reuter.Reuter. - 32 words
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110 1976-10-12 3 Reuter. TOKYO, Mon. Some 300 representatives from 30 countries are taking part in the 10th annual general meeting of the International Iron and Steel Institute (nsi), which is being held in Osaka, for three days from today, the Japan Iron and Steel Federation said. TheReuter. - 110 words
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661 1976-10-12 3 Reuter. FRANKFURT, Mon. The Bundesbank may need to adjust its credit policies later this month If there is any resurgence of the recent heavy currency Inflows into Germany, senior banking economists said. The Inflows, totalling over 4.5 billion marks in August and September, wereReuter. - 661 words
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1055 1976-10-12 3 KATHLEEN BISHTAWI - A spotlight has been turned on the Middle East trade in illegal immigrants by a gruesome incident in the Gulf. But behind it lies an Arab dilemma: can the labour for massive development schemes be imported without causing social chaos? —By KATHLEEN BISHTAWIFinancial Times. - 1,055 words
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Article112 1976-10-12 3 Reuter. PERTH, Man. The North Shelf milbm hm km fp approval to drill a well hi the North KuUi garilaMd, about 140 km iiftfc »1 of Duuiv, Weetera Aoatralia, Minleter farJ«sy. Andrew MenThe wail, North RoaHa No. 5, will eoat moro than A 15.5 million. PaitaaraReuter. - 112 words
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Article32 1976-10-12 3 Reuter. TAIPEH, Mon. The Executive Yuan approved a US$2O million loan by Chemical Bank to Taiwan Power Co, to finance Its capital goods purchases, the Central News Agency reported Reuter.Reuter. - 32 words
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192 1976-10-12 3 Reuter. NEW YORK, Mon. The Federal Reserve Bank of New York says, In a study, broader measures of the money supply may be more meaningful In making economic forecasts than tha narrow measures. The Fed has compared the forecasting performance of demand functionsReuter. - 192 words
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Article109 1976-10-12 3 Reuter DACCA, Mon. Bangladesh expects no reduction in foreign aid promised by the world's richest countries, Mr. Mlrza Nural Huda, senior presidential adviser on planning, commerce and foreign trade, said on his return from the International Monetary Fund (IMF) meeting in Manila. But heReuter - 109 words
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Article35 1976-10-12 3 Reuter. WIESBADEN, Mon. The West German cost of living index, base 1970, was unchanged in September from August's 141.4, but stood four per cent higher than a vear-ago, the Federal Statistics Office said.Reuter. - 35 words
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Article56 1976-10-12 3 Reuter. CANBERRA, Mon. The Australian Government said it will lift tariff quotas on stainless steel flat products on Nov 1. The quotas were Imposed in November 1975 as a temporary measure following an industries assistance commission finding that short-term aid to the local producer, a Broken Hill ProprietaryReuter. - 56 words
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Page 3 Advertisements
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Advertisement136 1976-10-12 3 BCS9O BCS9O BCS9O CONTROL UNIT tr R TERMINAL IDATION/XXIRNAL PRINTER 9 ■K A 1 BCS9O BCS9O 1 U 1 1 ADMINISTRATIVE BUNKER RAMO BCS9O f KEYPAD 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,136 words
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COMPANY NEWS
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Article449 1976-10-12 4 AFTER performing profitably for only two years out of a decade of operations Mega Chemicals has fallen on hard times again. The group incurred a pretax loss of M 51,616 for the year ended Apr)! 30, 1976 compared with a profit of $125,776 last449 words
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517 1976-10-12 4 THE 4.8 per cent increase in the Interim group pre-tax profit of Straits Trading to M 513.66 million was entirely due to the subsidiaries, as is seen in the publication of the parent's results last week. The parent's pre-tax profit fell by $670,000 to517 words
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Article37 1976-10-12 4 A FIRST and final dividend of 15 per cent has been proposed by Ayer Hitam Planting Syndicate for the year ended March 31, 1976. Last time it paid a dividend of 12V4 per cent.37 words
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449 1976-10-12 4 WHAT Is going on at South Johore Amalgamated Holdings? The Kuala Lumpur Stock Exchange wants to know and shareholders must be wondering too. They have not yet received the audited accounts and annual statement for the year ended March 31, 1976, or Indeed the449 words
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Article351 1976-10-12 4 Mr. H.M. Sithawalla has been appointed director of Acma Electrical Industries with effect from Oct. 7. Muller and Phlpps announced the appointment of Mr. Danny Cheng as managing director recently. Other appointments Include Mr. Abdul Bauf as financial director, and Mr. Mike Sim, as marketing director. Mr.351 words
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Article149 1976-10-12 4 FOLLOWING the 0.4 per cent profit growth In the 1975/70, Tractors Malaysia expects to remain on the plateau In the current year ending June 30, 1970. In reply to a Kuala Lumpur Btock Exchange query on current year prospects following Its one-for-three scrip Issue, Tractors says149 words
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Article180 1976-10-12 4 COMPARED with its counterparts in the same business; Malaysian Mosaics is doing remarkably well. For the first six months ended June 30, 1970, the company achieved a 123 per cent jump In unaudited pretax profit to M 5214,000 on the back of an 89.5 per cent increase180 words
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Article, Illustration1820 1976-10-12 4 TERRY DODSWORTH - By TERRY DODSWORTH FINANCIAL TIMES. LONDON, Mon. In the davs when the small Leyland truck company under the then Uttfe-known Donald Stokes began to flex its muscles In a series of headline-catching takeovers and export deals, an image was created that has continued to sparkleFINANCIAL TIMES. - 1,820 words
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Article467 1976-10-12 4 Tail KK Data Total fcr Total for pajmmt Data payaMa thoyoar pmtaaa year Awt. Ami 40* Sept. SI Oct. 12 50* 40* Priata 10* b Sept. 21 Oct. 12 10* b 30* C Daaliflai Sept 8 Oct. 15 9* 22.5* Malaya wata 10* TK Aug. 30 Oct. 15467 words
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Article346 1976-10-12 4 PRE-TAX pro/It of Lower Perak Tin Dredging for the year ended April 30, 1976, took a sharp fall of 60.5 per cent to M 5646,899. The chairman, Mr D.H. Davidson, blamed the poor performance on decreased production of tin concentrates and lower price obtained for346 words
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Page 4 Advertisements
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Advertisement350 1976-10-12 4 Improve office and factory efficiency with a iMßanjihT water coolers No longer a luxury but a 'must'. Phone 3G31" UAInIIR road PTE LTO A of Th« Wapt Grcx*J m >*m\h YOUR INVESTMENT IN BUSINESS This month SINGAPORE TRADE INDUSTRY makes an in-depth study of the chemical industry. The trade analysis350 words
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INTERNATIONAL COMPANY NEWS
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145 1976-10-12 5 Reuter SYDNEY. Mon. The provisional liquidators of failed international trading group, Gollin Holdings and its main operating subsidiary, Gollin and Co. Ltd.. said the assets realisation programme is virtually complete. The liquidators. Mr. Gavin Hosking ind Mr. John Rodgers of Price Waterhouse. told a press conferenceReuter - 145 words
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Article148 1976-10-12 5 Reuter. PERTH. Mon. The fall in demand for zircon caused Westralian Sands to suffer a 39 per cent plunge in unaudited consolidated operating profit to A 51.96 million ($3.2 million) for the year ended June 30. 1976. Revenue was $6.29 million ($10.78 million-). TheReuter. - 148 words
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Article296 1976-10-12 5 Reuter. TOKYO. Mon. Komatsu expects its net 1976 profit to fall to around 20 billion yen from 21.7 billion last year due to slow progress of Japanese government expenditure following the Lockheed case, a company spokesman said. Gross sales are also likely to fall to 330Reuter. - 296 words
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541 1976-10-12 5 Reuter. NEW YORK. Mon. Until recently most analysts following a company with significant operations overseas did not spend really that much time following the daily ups and downs of foreign currency markets. Now, however, a number of analysts are becoming, if not foreignReuter. - 541 words
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1284 1976-10-12 5 TONY HAWKINS - By TONY HAWKINS Financial Times. LONDON, Mon. It was in the late 1960s that a commentator described the Euro-dollar markets as "a type of reverse-develop-ment plan." Referring to the Eurobond market in particular, he argued, citing some IMF figures, that self-interest ensured thatFinancial Times. - 1,284 words
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Briefly
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Article61 1976-10-12 5 TOKYO. Mon. Toyota Motor Sales said It will raise retail prices of Its 1977 cars marketed In the United States by 2.8 per cent or about US$ll2 on average. The sales divisions of Toyota Motor said the price raises are unavoidable due to the recent sharp rises In raw61 words
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Article40 1976-10-12 5 SEOUL, Mon. Pohana Integrated Iron and Steel (Posco) said it will receive a US$75 million, eight per cent, 10 year loan from Oesterreichische Kontrollbank. Proceeds will be used to finance expansion of its crude steel production capacity, it added.40 words
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Article42 1976-10-12 5 TURIN, Mon. Flat said it Set up a company called Fiat Aviazlone, in which it has an absolute majority stake, regrouping Its own aviation engineering activities and those of Motoravio Sud, of Brlndisl, and its participations in Turbo-Union and Turbomotori Internazionale.42 words
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Article51 1976-10-12 5 LONDON, Mon. Pre-tax profit at S. Pearson and Son rose from C 7.73 million to 1'11.22 million for the first half-year ended June 30, 1976. Turnover was t'133.65 million (1104.97 million). Earnings per share rose from 5.05p to 7.73p and Pearson has raised the Interim dividend from 1.4p to51 words
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Article51 1976-10-12 5 HONGKONG, Mon. Swire Cheung Development has reported an unaudited net profit of HK$4 million for the first six months ended June 30,1978. There are no comparative figures. It is malntalng the interim dividend at three cents and hopes to pay a final of m>t less than 1975's five51 words
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Article37 1976-10-12 5 HONGKONG, Mon. Hopewell Holdings has proposed a final dividend of eight HK cents (six cents last time) for the year ended June 30, 1976. This makes a total of 12 cents (10 cents) for the year.37 words
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Article64 1976-10-12 5 MELBOURNE, Mon. Unaudited operating loss of Emperor Mines rose from A 54,000 to $291,000 for the year ended June 30, 1976. Revenue was $10.04 million ($10.06 million). The company is not paying a dividend. Last time It paid five cents. The company attributes the loss to the depressed64 words
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Article66 1976-10-12 5 NEW YORK, Mon. Third quarter net income of Umead Corp rose from U5514.37 million to $25.15 million, making a ninemonth total of $67.23 million ($38.06 million). Earnings per share were $1.03 (56 cents) for the third quarter and $2.74 ($1.46) for the first nine months. Sales were $420.366 words
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Article45 1976-10-12 5 SYDNEY, Mon. For the KM*** 31 197fi net ASS B°mTn? heys feil from A 55.6 million to $5.12 million. Profit is before extra-ordinary items. H. l i tia f, p f oposed final dividend of 3.5 cents, making an unchanged total of seven cents.45 words
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Article54 1976-10-12 5 HONGKONG, Mon. New World Development said It is negotiating with Timely Enterprises Corp and Kaitak Land Investment for the acquisition of the share capital of the two companies. Timely has an 85 per cent interest in the total floor area of the American International Tower in Queen's Road,54 words
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Article94 1976-10-12 5 Reuter. ST. LOUIS, Mon. Monsanto said it expects its third quarter earnings to be in the range of US$5B to $60 million or $1.55 to $1.60 a share compared with last year's $56.1 million or $1.56 a share a year ago. The company also said it expects its fourthReuter. - 94 words
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122 1976-10-12 5 Reuter. TOKYO, Mon. A consortium of 18 Japanese companies signed two agreements with CSR and other Australian interests to take part in and finance an AsB2 million project to build a large-scale coal loader at New Castle, Australia. Nippon Steel Corp said. One agreement enabledReuter. - 122 words
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Article133 1976-10-12 5 Reuter. PARIS, Mon. A net loss of 17.75 million (33.1 million) francs has been reported by Antar Petroles de L'Atlantique for the first half-year ended June 30. 1976. The loss is after depreciation of 53.81 million (49.44 million) francs and provisions of 2.09 million (25.7 million) francs.Reuter. - 133 words
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Article473 1976-10-12 5 NYT. NEW YORK. Mon. "Ten years ago you couldn't even give them away. Everybody was in a hate mood in the 60's. Nobody wanted to wear a tie with a company logo." "Now," continued Mr. Harvey Schreter, president of Schreter Industries International of Baltimore, "It'sNYT. - 473 words
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Article71 1976-10-12 5 Reuter. SYDNEY, Mon. Net profit of Amalgamated Wireless (Austrasia) rose from AS2.O million to $3.45 million for the year ended June 30, 1976. Gross revenue rose from $98.58 million to $107.01 million. The profit is after depreciation of $2.3 million ($1.76 million) and tax $2.72 millionReuter. - 71 words
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Article591 1976-10-12 5 SWITCH TO GAS TURBINES PAYS OFF Financial Times. LONDON. Mon. John Brown Engineering can be forgiven for manipulating the timing of its latest announcement of export orders to coincide with the 10th anniversary of the company's gas turbine subsidiary. It added zest to the celebrations, and excusesFinancial Times. - 591 words
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Page 5 Advertisements
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Advertisement11 1976-10-12 5 Haveyou seen this man? I Phil SoJ man Managing Director mmb/i11 words
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Advertisement322 1976-10-12 5 OLD™ •any old. working desktop calculator Model 302PD Electronic Print/ Display Calculator 12-digit. Constant multiplication. Constant division. Percentage key. Accumulating memory indication. V Trade-in 1 less $100' with Trade-in: $450 without Trade-in: $550 •VVi u-V<Vm LcV-Y America's leading line of business calculators p HI liim. ml Medalist 305 12-digit. Positive322 words
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Article1873 1976-10-12 6 SECTION ONE INDUSTRIALS Gr'» Gr't 1171 Last div Div jr'U P/E Vel D.y Hick Low CMMUT Sale +«r- c'tt Higk L#w 250 170 Acma 182 -68 12.0N 1.1 6.5 9.1 6 185 182 206 172 A1 com 206 20.0 1.3 9.7 13J 100 00 Allied Choc 67tt1,873 words
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Article976 1976-10-12 6 BID and offer prices officially listed and business in and reported to the Btock Exchange of Singapore yaeUrrtev with the number of shares traded shown In brackets In tots of 1,000 units unless otherwise specified All Time Settlement Contracts are quoted after the word "Bett. Big Board976 words
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Article131 1976-10-12 6 8INGAPORI UNIT TBU8T INCOME BOND UNIT (>«■■■<■■ rrtem l*r Oat IS) (Carnal pries a) The Commerce 1.T1 l.M The Saving Fund 0.96 141 INCOME BOND l.M 1.1S S'pore Prof Fund 0.79 O.Mxd S'pore Security Fund l.M 1 SJ S'poreInvestFund 1.04 l.M MABA BUMPUTBA FUND (Maaafara' priea* tar Oat131 words
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Article326 1976-10-12 6 S pore Govt 5 1/2% Taxable Loaa No 2 With A I 1975/lat Dec 1977 (1,000.000) (101.088 101.788) B'pore Govt 5 1/2% Taxable Loaa No I With A I 197C/15th Apr 1978 (1,000.000) (101.MB 101.608) S pore Govt C 3/4% Taxable Loaa No 1 With A326 words
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Article1041 1976-10-12 6 BID and offer prices officially listed and business In and reKrted to the Kuala Lumpur DCk Exchange yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified INDUSTRIALS A.M. D«*. (0.40B) A.P.I. <0.91«B 0 MS) (3) 0.93. (2) 0.52.1,041 words
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Advertisement243 1976-10-12 6 Ira&ypjHPi m A w. j?. im r j /a V .x —*3 t v y \&*&y ;-V<\ 'n: < 54 v f -:V:? A' 'v &Wwi L m f mmim m j m. ivJk v. i <m^sams^mmmssi I iJd KWf-WW' Alex Josey has long been en observer, recorder end commentator243 words
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Article642 1976-10-12 7 THE relisting of former market favourite. Haw Park, after a 17-month suspension, did not bring any joy to the depressed Stock Exchange of Singnpore yeeterday. Sellers dominated the trading right from the first bell, sending share prices falling like nine-pins. The reception given to642 words
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Article402 1976-10-12 7 A WAVE of selling hit the Kuala Lumpur Stock Exchange yesterday following the relisting of Haw Par shares. Although some ground was recovered towards the close, losses were pretty heavy. Haw Par and Pan-Electric bore the brunt of the selling pressure. After opening at $1.20, Haw402 words
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Article81 1976-10-12 7 GROUP pre-tax profit of New Serendah Rubber for the first half year ended June 30, 1976, more than doubted from M 5529.600 to $1.09 million. The factors behind the increase are the better commodity prices prevailing this year and high output. Rubber crop rose by 14.5 per81 words
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OVERSEAS MARKETS
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Article753 1976-10-12 7 LONDON, Hon. Government stocks and equities (ell back after early steadiness following sterling's decline and ahead of tbe Government debate on the economy, dealers said. At 3 p.m. the Financial Times Index was down 5.0 at 287.7. Government loans had falls of 1/8 to 3/16 among shorts while longs753 words
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Article386 1976-10-12 7 HONGKONG: Share prices fell sharply In moderate trading on Monday, due to the continued weakness of Wall Street last Friday and concern there may be a further fall In US stock prices. The Hang Seng Index fell 8.57 points to 392.42. Turnover on the four exchanges fell to HK542.49386 words
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Article428 1976-10-12 7 SYDNEY: Prices continued lower In subdued trading on Monday with minings leading the decline, dealers said. The Sydney Au Ordinaries fell 9.8 points to 446.68. Peko-Wallaend lost 30 cents to Ass, Con* Gold 20 cents t>> $2 30, MIM 15 cents to $2.05, Kathleen 16 cents to $1.40, BouoalnvMa428 words
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Article105 1976-10-12 7 MANILA: The market closed generally lower on Monday, and commercial Issues, dealers said. OCT II Peso* Acoje Mining 0155 -0 0006 Atlas Con. A 30 25 -1.5 Atlas Con. B 31 00 -1.25 Bagulo Gold .0115 -0 001 BenguetCon B BF Goodrich I CDCP Inco B LepantoB .12 -0.01105 words
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Article85 1976-10-12 7 OCT 11 Bahts Asia Fibre 111 2 Bangkok Bank 243 -I Bangkok Invest. 1M 2 Bangkok-Metro-politan Bank Bala 13# +8 Berll Jucker 153 unch Charoong Thai Wire 143 4-1 Dumex Duslt Thanl Faber Merlin First Trust Indo-Thai 185 J And J Ho 126 2 Jalaprathan Cement 738 I Kamasuta85 words
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Article88 1976-10-12 7 Reuter. TOKYO, Mon. Peruvian Finance Minister, Mr. Luis Barua said he has received favourable reactions from Japanes International Trade and Industry Minister, Mr. Toshlo Komoto and his Japanese counterpart, Mr. Masayoshi Ohira to the proposed US$4O million syndicated loan to Peru from Japanese banks. On aReuter. - 88 words
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Article50 1976-10-12 7 Reuter. BRUSSELS, Mon. The seven billion franc 10 per cent eight-year domestic loan for the Belgian state railways, Soclete Nationale des Chemlns de Fer Beiges will be issued at 99.5 per cent, Finance Ministry sources said. The loan will be on sale from Oct 13 to 26<- Reuter.Reuter. - 50 words
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839 1976-10-12 7 NYT. NEW YORK, lion. Even u the New York Stock Exchange and the American Stock Exchange study a possible merger, competition between the two exchanges is Intensifying. During the last seven weeks, newly established dual markets in four common stocks have begun to flourish, andNYT. - 839 words
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1201 1976-10-12 7 GUY HAWTIN - By GUY HAWTIN Financial Times. FRANKFURT, Mon. West Germany's economic reputation Is grounded on the efficiency and flexibility of its manufacturing industry. And deservedly so. Its recent trading performance is a monument to the manner in which the Federal Republic's manufacturers have copedFinancial Times. - 1,201 words
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290 1976-10-12 7 NYT NEW YORK, Mon. "We happened to be at the right place, at the right time, doing the right kind of business." Mr. William R. Salomon, managing partner of Salomon Brothers, said last Wednesday after the investment banking firm announced its estimated earnings for– NYT - 290 words
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Advertisement176 1976-10-12 7 Confront Singapore^ decision makers in Business Hmes 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 who176 words
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COMMODITY REPORTS AND PRICES
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Article463 1976-10-12 8 THE Singapore rubber market opened about unchanged and then fell slightly on lack of Interest. Light trade buying temporarily took November to 207.00 cents but It subsequently eased back. Turnover was very small. Current November RSfl one buyers finished at 206.2S cents per kilo, down 1.2S cents from463 words
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Article96 1976-10-12 8 DAILY SSR and SMR prices at noon yesterday V lav Dw R.A.S. (Cum I I (Forward MU) Bayan Mian Buyer p«r kg) (ceati ipvkg) (cei SSR 20 (1-ton Pal leta) 188.00 190.00N 189.00 191.00N SSR 50 (1-ton Pallet*) 189.50 187.SON 186.50 188.SON M.R.E.L.B. SMR 5CV (1-ton pallet)96 words
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Article120 1976-10-12 8 CHINESE PRODUCE EXCHANGE. SINGAPORE NOON CLOSING PRICES PER PICUL YESTERDAY. Coconut Oil: Bulk $71 sellers, old drum $70 sellers, nev drum $81 sellers. Copra: Mixed (loose) UK/Cont $45 buyers. Pepper MUNTOK ASTA WHITE f ob 100% NLW $300 sellers. SARAWAK WHITE r.o.b 9CS NLW $285 sellers. SARAWAK SPECIAL120 words
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Article130 1976-10-12 8 THE Straits tin price In Penang yesterday dropped $2.75 to close at $1,200.25 on an offering up 4$ tonnes to 241 tonnes. In LONDON on Monday, tin fell by £155 for Cash and £145 for Three Months In both contracts. Values fell away from a ore-market high for130 words
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Article31 1976-10-12 8 Bobber: Oct 11 Singapore: No*. 204.50 eta (down 3.00 cte.) Malaysia: Nov. M 5.75 cto. (down 3.00 eta) Tta: $1,200.25 (down $2.75) Official offering: 241 tonnes (up 40 ton-31 words
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Article157 1976-10-12 8 THE Singapore gold market yesterday saw good two way business at levels slightly lower than last week's closing. On a loco-London basis the price held steady within the range of U*****.60 to $114.00 per ounce while the kilo bar changed hands between $9,040 and $9,085. The London morning fixing157 words
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Article49 1976-10-12 8 LONDON, Mon. Lead lost £5.50 for Cash and £8 for Three Months. The market followed the general trading pattern although the fall was cushioned by good cash support from one quarter which served to narrow the contango to £10 from about £12.75 on Friday. Sales were 3,000 tonnes.49 words
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Article99 1976-10-12 8 LONDON, Mon. Copper wlrebars fell by mostly £43.50 per tonne. Last week's bear sentiment continued this morning as the easy New York close, larger-than-expected rise In warehouse stocks and low physical offtake all combined to force values lower, dealers said. tlon and stoploss selling took Three Months from £81799 words
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Article92 1976-10-12 8 LONDON, Mon. Zinc declined by £17 for Cash and £18 for Three Months. This metal was subjected to liquidation, hedge selling and stoploss operations which took Three Months down to £395 per tonne In the ring before covering Interest developed. Losses were pared with Three Months trading up to92 words
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Article69 1976-10-12 8 LONDON, Mon. Silver eased by between 3.0 and 4.0p per troy ounce. Dealers said the market appeared to lack fresh Incentives and after a markdown reflecting New York and base metals values fluc- tuated narrowly in moderate two-way dealings. Three Months traded finally In the ring at 258.8p but69 words
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Article212 1976-10-12 8 BANGKOK, Mon. Indicative prices for rice quoted yesterday were: U8 dollars per tonnes FOB basis Bangkok. White Rice 100 per cent 1st class 300, 100 per cent 2nd 285, 100 per cent 3rd 280, 5 per cent 270, 10 per cent 253, 15 per cent 250, 20 per cent212 words
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Article194 1976-10-12 8 LONDON, Mon. Terminal opened steady, around £28 to £22 per tonne higher than Friday's close. Sales were 179 lots. Dealers said that trade and speculative buying and covering was prompted by the late sharp rally In New York on Friday and pushed prices higher in rather thin dealings. Terminal194 words
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Article159 1976-10-12 8 LONDON, Mon Terminal opened £3.40 to £1.25 lower than Fridav's closing levels. Sales totalled 531 lots. Dealers said the market was due for a reaction after last week's steady trend but trade selling pressure from one quarter was well absorbed at the lower levels. The market remained depressed In159 words
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Article52 1976-10-12 8 Reuter. LONDON, Mon. Stocks In London Metal Exchange official warehouses at the end of last week: (All In tonnes except sliver) Copper rose 4,225 to 564,175, tin fell 230 to 7,320, lead rose 550 to 65,050, zinc rose 4,300 to 109,350, silver fell 380,000 to 29,440,000 troyReuter. - 52 words
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206 1976-10-12 8 Reuter. DACCA, Mon. Bangladesh called on developed countries to break their tariff walls, ban synthetics and cut shipping freight rates preserve jute as an Important foreign exchange earner for Asia's underdeveloped nations. Bangladesh army chief Mr. Zlaur Rahman told a three-day conference sponsored byReuter. - 206 words
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214 1976-10-12 8 Reuter WASHINGTON, Mon. UE Assistant Agriculture Secretary Mr. Richard Bell said a US exporter Is currently negotiating a further potential sale of US wheat and corn to the Soviet Union. Mr. Bell told newsmen he expects the quantities Involved to be aboutReuter - 214 words
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487 1976-10-12 8 KUALA LUMPUR, Mon. The growth of the standard Malaysian rubber (SMR) scheme since Its inception 11 years ago, Justifies the claim that It is the world's fastest growing polymer. So says an article In "Rubber Development," the Quarterly Journal of the Malaysian Rubber487 words
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348 1976-10-12 8 KUALA LUMPUR, Mon. For eight years several cargo ships lay trapped In the Suez Canal after the end of the "Six-Day War" in the Middle East, For those years, bales of natural rubber which filled the holds of two348 words
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Article80 1976-10-12 8 Reuter. TOKYO, Mon. A sevenman Japanese Government mission left here over the week for Indonesia to prepare for a Joint venture for development of forestry resources in Sulawesi. The Joint venture has been proposed by the Indonesian Government to develop tropical forest covering about 70,000 hectares in Sulawesi,Reuter. - 80 words
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Article170 1976-10-12 8 Reuter. WASHINGTON. Mon. US and Soviet maritime officials failed to resolve disputes over the proportion of American ships carrying grain exports to the USSR and the freight rates they charge, informed US sources said. The sources said that Mr. Robert Black well. Assistant Commerce Secretary forReuter. - 170 words
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MONEY AND EXCHANGE
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Article413 1976-10-12 8 TRADING in Singapore's forex market was featureleu and dull yesterday, partly because of the Columbus Day holiday in New York. However, what movements there were pointed to a perceptible softening of the U8 dollar which dealers attributed to the slower than expected progress of the US economy. The ACU/413 words
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Article163 1976-10-12 8 Asian rates ASIAN currency deposit interbank rates as at close on Oct 11: USDoUai Offer Bid 7 days 5 3/8 5 1/4 1 mth 5 3/8 5 1/4 2 mlh! 5 3/8 5 1/4 3 mths 5 5/8 5 1/2 6mlhs 5 15/16 5 13/16 mths 1/1 6 12 mths163 words
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Article53 1976-10-12 8 RANGE of prices offered by discount house* on Oct 11 Overnight 2W 3*» Call deposit 2\ 3 1 CVMI Buy Sell 3-Month Treasurer bills 3 3/18 3 1/1« 3-Month Bank bills 4 9/16 4 7/16 3- Month CD 4 3/4 4 9/18 8-Month S 3/18 S 1/18 Source:53 words
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Article84 1976-10-12 8 Euro rates LONDON, Mon. Period Eurodollar deposit rates opened steady and have since come off about 1/16 per cent In reaction to some offerings, prompted by the fall In the fed funds rate to 4-15/16 per cent, dealers said. LONDON Euro deposit quotes on Oct. 11. US dollars: Call two84 words
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Article39 1976-10-12 8 Minimum lending rates (in ACBC 7 I First Chicago 7Vi hKSBC 7Vt Bank of Amarica Bank of China 7 Indosuar 7'ii Malayan Banking Bank Nogora 1 n donatio OCBC 7V* OUB ChaM Manhattan oes 1 UMSC 7 (JOB 139 words
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Article204 1976-10-12 8 LONDON. Mon. Sterling opened slightly firmer against the dollar In quiet trading although the rate continued to move erratically on fairly small volume, dealers said. Dealings are expected to remain limited baause of the partial USVRlday while the market Ti also hesitant ahead of several UK economic Indices due204 words
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Article33 1976-10-12 8 HONOKONO banknotes quoted on Oct 11: US 4.85/4.87 UK 8.00/8.20 Burma 2.00/2.50 India 4.45/4.75 Indonesia 1.12/1.16 Japan 1.68/1.69 Korea 0.90/0.95 Philippines 0.59/0.62 Singapore 1.95/1.97 Malaysia 1.92/1.94 Brunei 1.925/1.945 Thailand 23.70/24.30 Taiwan 12.00/12.3033 words
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Article40 1976-10-12 8 AUSTRALIA/NZ exchanges quoted on Oct 11: Australia Sterling 0.7499/0.7421 US dollar 1.2428/1.2378 Ninety day air mail buying rates: Sterling 0.7859, US dollars 1.2711 New Zealand: Sterling 0.5864/0.5830 US dollar 0.9792/0.9692 Ninety day forward rate: Sterling 0.9988, US dollar 0.636040 words
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Article31 1976-10-12 8 FRANKFURT exchanges quotes on Oct. 11 US 2.4435/50 Can 2.5117/36 UK 4.060/075 Neth 95.30/45 Switz 99.45/60 Italy 2.895/910 France 49.17/32 Norw 45.83/86 Belg com 6.47/49 Belg fin 6.31/32 Japan 0.8472/8331 words
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Article273 1976-10-12 8 LONDON, Mon. Straight bonds were steady in dull trading, dealers said. Prices were virtually unchanged from last Friday's closing levels to K point higher. The undertone of the market was firm but trading was dull. Convertibles were quiet with Issues generally fractionally firmer. Eurobond prices quoted on Oct.273 words
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Advertisement248 1976-10-12 8 3 notrang He FORTUNE 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 of FORTUNE at248 words
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TRANSPORT AND COMMUNICATIONS
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Article, Illustration990 1976-10-12 9 JAY PALMER - By JAY PALMER FINANCIAL TIMES. LONDON: It used to be true that only the very largest companies ever purchased corporate aircraft and then, more often than not, largely for status reasons with the aircraft's actual use restricted to only the most senior of executives.FINANCIAL TIMES. - 990 words
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Article541 1976-10-12 9 ARRIVALS Service Operator Number Local Time From CAL TMA CI331 TL303B 0040 0215 TPE/HKG/KUL BEY/DXB/ BOM/KUL JAL JL712 SIA SQ209 OIA QA980 OIA GA908 CALTEX PKCFD SAS SK971 SIA SQ201 SI/T SQ240 KLM KL831 1000 1010 1030 1100 1130 1155 1200 1205 1210 HLP HLP HLP MES541 words
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Article, Illustration195 1976-10-12 9 KEPPEL WHARVES: Chidambaram 42/43, Fairstar 46, Glenlyon 1/2, Heng Shan 38/39, Kil Maru (JMZH) 45, Pacific Explorer (Tanker) 13/14, Samson 24, SBS I (B. Barge) 48, Straat Char ham 10/11, Temburong 22, and Vlshva Adltya 3/4. CONTAINER PORT: Alaskan Mail B/51, Alva Maersk B/50, and Mont Blanc195 words
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Article59 1976-10-12 9 CATHAY Pacific Airways management from six countries in South-east Asia met in Singapore recently to finalise the marketing strategy for the introduction of two new destinations in November and December this year. The two destinations are Bahrain and Melbourne. The airline will introduce thrlce-weekly passenger and cargo services59 words
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510 1976-10-12 9 WILLIAM BORDERS - By 1 WILLIAM BORDERS NYT. DACCA: Abdul K&hn was exhausted as he is a good part of the time. Its toward the end of the day, when my legs begin to hurt, that It gets to me, he explained with a weary sigh,NYT. - 510 words
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894 1976-10-12 9 DAVID WHITE - By DAVID WHITE NYT NEW YORK: Two of the best views of the tugboat business in New York Harbour are from the 53rd floor of the World Trade Centre and the 15th floor of 17 Battery Place. From these points, anyone withNYT - 894 words
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Page 9 Advertisements
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Advertisement300 1976-10-12 9 7 A I I r :-v m H- *%Y > •I*l &> The three bask needs and the three ports of BrrtonnioQ 3 1. To get at the facts often a single fact easily and quickly, without having to read a long inicit m wnicn max tki is inwtoota. This300 words
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Article, Illustration1111 1976-10-12 10 JOHN BURNS - in JOHN BURNS NYT. WHEN a Johannesburg property magnate fled the country recently just before his empire collapsed, officials moved immediately to have his sea shipment returned from Amsterdam. After checking bank statements, they suspected that the fugitive millionaire might haveNYT. - 1,111 words
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619 1976-10-12 10 WITH THE prospect of a political settlement to Rhodesia's racial problems and the consequent lilting of economic sanctions against the lan Smith minority government all section* of the economy should benefit from new markets, provided the skills are available. Rhodesian industry isReuter. - 619 words
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783 1976-10-12 10 COLINA Mac DOUGALL - By COLINA Mac DOUGALL: Financial Times. WHEN the next Canton Fair opens on Friday, foreign traders will be gathering in a China darkened by twin shadows: the death of Chairman Mao Tse-tung and the economic effects of July's huge earthquake at Tangshan. EvenFinancial Times. - 783 words
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1010 1976-10-12 10 A.H. RASKIN - By A.H. RASKIN NYT A SHORTER workweek has been a ritualistic part of the collective bargaining programme of every major union since the birth of the modern labour movement nearly a century ago. Yet no general breakthrough toward reducing worktlme hasNYT - 1,010 words
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Advertisement63 1976-10-12 10 Keep in touch with business developments in Singapore wherever you are in the world Subscribe now to Business Times -><§ BUSINESS TIMES Subscription Form Address: Payment for is enclosed All subscriptions are payable in advance and should be drawn in favour of Tlmei Bwineaa Pwhliatl— Ltd Send completed form to:63 words
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Article, Illustration914 1976-10-12 11 EVERYDAY in New Zealand, there 1* more than one enquiry by businessmen on possibilities of link-ups with Singaporean partners. This is the outcome of the new economic co-operation pact between the two countries, said Mr. O.C. Hensley, newly appointed High Commissioner for New Zealand in Singapore.914 words
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205 1976-10-12 11 Reuter. ROME, Mon. Leaders of Italy's major trade unions today start week-long discussions on the latest government austerity package amid signs that their members oppose the measures more militantly than the leadership. Leaders of the country's three main union confederations indicated on Friday whenReuter. - 205 words
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Article55 1976-10-12 11 UPI. BANGKOK, Mon. Vietnam's communists will hold their first party congress in more than 16 years just before Christmas, Vietnam News Agency (VN A) reported today. VNA said a new party central committee will be chosen, an indication Vietnamese are planning to shake up at leastUPI. - 55 words
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Article560 1976-10-12 11 AP NEW YORK, Mon. Som# unsettling economic news last week may prove more damaging to President Ford's campaign than his highly publicised remark about Eastern Europe or his former Agriculture Secretary's humour. While the two verbal blunders were grabbing most of the headlines, the USAP - 560 words
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364 1976-10-12 11 UPI AP. CANBERRA, Mon Deputy Prime Minister and Minister for Overseas Trade Douglas Anthony yesterday criticised President Ford's decision to Impose quotas on the import of meat. "It is a matter of great concern and regret that Mr Ford has taken action to impose quotasUPI; AP. - 364 words
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Page 11 Advertisements
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Advertisement85 1976-10-12 11 Office Space FOR RFMT About 8,000 square feet of Office Space are available for rent immediately. Building is located outside the central business district in the Queenstown Holland Road area. Warehousing and workshop assembly facilities are also available on request. The premises shpuld be suitable for trading and or service85 words
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Advertisement689 1976-10-12 11 APPOINTMENTS Tidmcal Manager Bakiifg Industry Salary Open We are a large food company, with International Affiliations. headquartered in a major S E ASIAN city. Our Biscuit Cracker operation is in need of a top notch Technical Manager to head up the Quality Control, Research, New Product Development and Product Improvement689 words
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Advertisement499 1976-10-12 11 FAIRCHILD SINGAPORE PTfc LTD. invites suitably qualified candidates for the following position:PROOUCT SUPPORT TECHNICIAN The successful candidate will be trained to analyse problems connected with integrated circuit DC, AC and life testing and to write and modify computer oriented IC test programs. Candidates with or without experience may apply, but499 words
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Advertisement480 1976-10-12 11 NOTICES TENDERS FOR SALE STV -MALAYSIA RAYA" PANAMANIAN REGISTRY Tenders are Invited for the purchase of the above vessel ORT *****.23 LOA 531 ft 10 Ins NRT 8154.26 BREADTH 72 ft 4 Ins as she lies beached In position Oil degree x 4 cables from Tanjong Sarang Lang Light (no480 words
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Article, Illustration619 1976-10-12 12 Reuter. NEW YORK, Mon. Rhodesian Prime Minister lan Smith, in an interview published today in the American magazine Newsweek, insists that whites must keep control of the defence and law-and-order ministries in any transitional government for the breakaway British colony. HeReuter. - 619 words
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Article223 1976-10-12 12 IPOH, Mon. Another 20 pilot logging companies, bringing the total to 40, have been formed In Perak this year. Mentrl Besar, Tan Sri Hajl Ohazall Jawl, said today that It was a result of the successes of the 20 companies established last year on Joint-venture223 words
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Article85 1976-10-12 12 CHEMICAL Bank chairman Donald Platten arrives In Singapore today after attending the IMF-World Bank meeting in Manila last week. He Is here on a two-day visit and will be meeting with leading businessmen, bankers, and government officials. Mr. Platten's visit to Singapore Is a key stop on85 words
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327 1976-10-12 12 THREE factors have combined to change the role and status of personnel managers in the world. First, the fact that everywhere governments are playing a greater part In the personnel world; second, education is producing better thinking workers who consequently demand a greater say327 words
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126 1976-10-12 12 Reuter. WELLINGTON, Mon. New Zealand's processing expertise might help develop Singapore's exotic food industry, Singapore Finance Minister Hon Sul Sen. said here today. He told Reuter after reviewing a cooperation agreement between the two countries with Deputy Prime Minister Ted Rowlands that SingaporeReuter. - 126 words
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Article, Illustration341 1976-10-12 12 SINGAPORE-CHINA TRADE SINGAPORE'S trade with China has always been at a net deficit but figures for the past six years Indicate that the trade gap Is widenare signs that food imports are beginning to level off but other imports such as textiles and clothing341 words
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Article, Illustration687 1976-10-12 12 MALAYSIA-CHINA TRADE MALAYSIA'B trade with China has been consistently In Peking's favour In the last five years although the trade balance has fluctuated because of the cyclical trade patterns. Imports of food, especially of rice, have also been a major factor in determining the size687 words
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475 1976-10-12 12 Reuter. JAKARTA, Mon. One of the reasons for Prime Minister Malcolm Fraser's apparent willingness to recognise, at least de facto, Indonesia's claim to sovereignty over East Timor could be Australia's thirst for oil. Australia's own oil resources, already running at peak production, will InReuter. - 475 words
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Article195 1976-10-12 12 A DOOR TO DOOR mo▼iag aerviee with Um per•ml touch thia ia autahell doccrihoc tho Family Mows who an riniwi u the "mwi who care". Tho bariaoK ia locally-in-ai|td by throo lady director* with a taaai uadar their aaperviaiea, conpriaiag hoth male tad feaaale Tho ociapoay mahoa195 words
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158 1976-10-12 12 KUALA LUMPUR, Mon. Cuepacs has urged Datuk Hussein Onn as Umno president to restrain party officials from making public statements on the Ibranlm All Commission report. Cuepacs secretarygeneral, Enclk Jamaluddln Isa, said today that certain recent statements and comments by some Umno officials were likely158 words
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Article68 1976-10-12 12 Mr. Tang See Chlm, deputy speaker of Parlla-j ment, will officially open 4 the Watt k Akkermans engineering .service facility on Thursday. The facility will be South east Asia's largest engineering shop located on a five-hectare site In Jurong. The main workshop occupies an area of 95068 words
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209 1976-10-12 12 KUALA LUMPUB, Man. A11 msml w MmUm win ■■—I Malaysia at the Mb generai mntlag ef the Eut Aaiaa Iasurance Congees la Seoul from Oct 18 to Other in mIi In in ml lag the floe-day congress an Siagapere, Japaa, Iadoneeia, tho209 words
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Article232 1976-10-12 12 Reuter. PEKING, Mon. Premier Hua Kuo-Feng appeared in public for the first time today since wall posters named him as the new chairman of the Chinese Communist Party. Mr. Hua turned up at Peking Airport in his capacity as Premier to greet Mr. Michael Somare,Reuter. - 232 words
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Article196 1976-10-12 12 BANGKOK, Mon. Thailand's new military leaders are to appoint a legislative assembly of about 300 members from all walks of life, sources close to the new administration said here today. The Assembly is expected to be named during the next two months, and amounts to196 words
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Page 12 Advertisements
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Advertisement136 1976-10-12 12 ♦< i t ■>!% i o o o mowingmade easy on a cushion of air Rymo the airborne mower Lightweight easy to handle Cuts even wet grass edges between paving stones around shrubs and trees. Needs no grassbox creates its own mulch to fertilize the ground Electric and Petrol models136 words
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Advertisement0 1976-10-12 12 ?.+`!@)!^==`!;@)`}~+.;<^&`$\%-"0 words
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Advertisement299 1976-10-12 12 Diners Club the best'friend' t > miI A i Hi j you can take with you anywhere in the world w |v nun c bills than anv other card. Wmmmft; fmpdk' uwu personal travel ana i very close 'friend' in &ct iend > too with acquaintances in of life, wefl299 words
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