The Business Times, 22 November 1976

Microfilm: NL8962
Total Pages: 10
1 10 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) 1455/76 MONDAY, NOVEMBER 22, 1976 50 CENTS
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  • NEWS IN BRIEF
    • Article
      Lock icon Jakarta quake
      94 1 AP Reuter JAKARTA, Sun. An earthquake with an Intensity of 4.4 on the Rlchter scale was registered here yesterday, the meteorological office said today. A spokesman said the epicentre of the quake was believed to be In the Indian Ocean at some 60 km underground. No damage or
      AP; Reuter  -  94 words
    • Article
      Lock icon New non-woven cloth
      94 1 UPI TOKYO, Sun The Polymer-processing Research Institute of Tokyo said it has developed a non-woven fabric, which is much stronger and cheaper than conventional ones. Mr Tokyo Okada, managing director in charge of technology, said the new fabric a crossoverlaid fabric is much superior in tenacity and
      UPI  -  94 words
    • Article
      Lock icon Bill on E. Timor
      63 1 Reuter JAKARTA, Sun The Government is preparing a Bill formally giving Indonesian nationality to the population of East Timor, the former Portuguese colony now incorporated Into .the Republic, Antara News Agency reported today. Details of the Bill are at present being worked out by a team
      Reuter  -  63 words
    • Article
      Lock icon 'Veto of vengeance'
      73 1 Reuter NEW YORK, Sun. Vietnam's permanent observer at the United Nations said today the US veto to Hanoi's membership In the UN was based more on, vengeance than a serious concern for American soldiers missing in action. Mr. Dinh Ba Thl, writing on the editorial page of
      Reuter  -  73 words
    • Article
      Lock icon Syrians push north, south
      56 1 Reuter BEIRUT, Sun. Syrian troops early today began heading for two ports in nortn ana south Lebanon In a further step towards Imposing peace on the country, Beirut Radio reported. It said the forces, backed by large number of vehicles, moved towards Tripoli In the north
      Reuter  -  56 words
    • Article
      Lock icon New Pacific island?
      91 1 NYT TOKYO, Sun. A patrol ship of Japan's Maritime Safety Agency sailed from here yesterday to check underwater volcanos amid mounting territorial Interest and concern here over the possible emergence of a new island or two In the Pacific. Situated between Iwo Jlma, at the southern end
      NYT  -  91 words
    • Article
      Lock icon Recess for Salt
      56 1 UPI GENEVA, Sun. The United States and Soviet Union agreed yesterday to recess the current round of Strategic Arms Limitation Talks pending the inauguration of President-elect Mr. Jimmy Carter. The recess came after the completion to the exact day of the fourth year of the current negotiations
      UPI  -  56 words
    • Article
      Lock icon Hello Yemen
      60 1 AP SANAA (North Yemen), Sun. The Yemen Arab Republic, which until six years ago communicated with the outside world by morse code, Inaugurated an earth satellite station here over the weekend. The US$l.5 million (Ss4 million) station will supply telex, telegraph, telephone and colour television services to the
      AP  -  60 words
    • Article
      Lock icon Japan call to yards
      65 1 UPI TOKYO, Sun The Transport Ministry called on 40 leading shipbuilding companies to curtail their operations to fight the business recession for fiscal 1977 and 1978. Ministry officials said under the guideline, the shipbuilders would be required to limit their yard operations In fiscal 1977 to
      UPI  -  65 words
  • Article
    TOP TEN STOCKS
    116 1 THE following list of stocks gives the 10 most traded in on the Stock Exchange of Singapore last week. It gives the turnover in thousands of units closing prices on Friday and high and low for 1976. Company Turnover Price* High Low '000 Nov. 19 1976 United
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  • LOCAL STOCK INDICES
    • Article
      SINGAPORE
      72 1 Nov 15 Nov 16 Nov 17 Nov 18 Nov 19 ++B.T. Index: 240.47 250.04 248.14 247.02 250.33 'Industrials: 248 93 248.90 248.50 247.70 248.43 (#>Flnance: 445.83 445.19 443.93 443.48 443.21 ••Hotels: 151.01 151.84 151.81 151.68 151.74 •Properties: 139.10 139.14 139 68 139.49 139.68 ♦Tins: 90 25 96.25 96.25 96.25
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    • Article
      MALAYSIA
      79 1 Nor. IS Nov. 16 Nov. 17 Nov. 18 Nor. 1$ ++B.T. Index: 180.39 187.10 188.55 185.54 187.55 'Industrials: 271.87 271.28 271.70 270.99 270.92 ©Finance: "Hotels: 384 04 383.94 382.73 380.81 381.22 180.57 189.57 189.80 189.80 189.80 •Properties: 139.12 139.89 140.79 141.03 141.41 +Tlns: 93.85 93.30 93.23 92.98 93.15 rubbers:
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  • Article
    Battle for votes of shareholders
    1582 1 THREE-PRONG STRATEGY BY SIME A THREE-PRONG plan 1S being drawn up by the management of Slme Darby Holdings to woo shareholders to Its view that four incumbent directors three of them also sitting on the executive board should be re-elected for another term. The first
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  • Article
    Changes likely to improve Petroleum Act
    483 1 KUALA LUMPUR. Sun. The proposed Petroleum Development (Amendment) Bill 1976 Is expected to remove some of the more controversial aspects of the existing Act. The Bill was tabled In the Dewan Rakvat last Thursday and is likely to be discussed soon after the 1977
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  • Article
    Lock icon QATAR: NO LATER THAN DEC. 20
    131 1 Reuter KUWAIT, Sun. An oil price fixing conference due to be held In Qatar next month will start no later than Dec 20, according to a .Kuwaiti Oil Ministry official today. At the talks, ministers will announce a rise In prices, frozen for about
    Reuter  -  131 words
  • Article
    Lock icon Texas is keen
    91 1 Reuter KUALA LUMPUR, Sun. Texas Pacific Oil is willing to negotiate with the Malaysian national oil company, Petronas, for concessions under productionsharing arrangements, a company spokesman said. He said the company, which Is working on a gas field in the Gulf of Thailand, is interested in exploration
    Reuter  -  91 words
  • Article
    Lock icon Longer jail term
    161 1 Reuter BOSTON, Sun. American businessmen who fix prices and violate antimonopoly laws will face prison terms of at least 18 months In future, a senior government official warned yesterday. Assistant Attorney General Mr. Donald Baker also said that In the most serious cases Judges would be urged
    Reuter  -  161 words
  • Article
    Smugglers' favourite
    133 1 KUALA LUMPUR, Sua. Tia on is one of the most popular items being smuggled out of the country in view of the high rate of export duty. This *u stated by the Deputy Director General of Custom*. Encik Rahim Bin Datuk Tak, here today. He said another factor
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  • Article
    How about trying carrots instead?
    145 1 THERE it a tendency among employer* in Singapore to lean on the stick rather than to offer carrots to employees to increase their productivity, according to the latest issue of NTUC'S publication "Perjuangan." This is one indication that explains why employers shy away from productivity
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  • Article
    Lock icon BARCLAYS ON KUWAIT BLACKLIST
    138 1 Reuter KUWAIT, Sun. Kuwait today banned dealings with Britain's Barclays Bank Group. An order was issued by the Customs and Ports Authority of the Ministry of Communications which handles the Economic boycott of Israel. The ban was recommended by a conference of the Arab Boycott of
    Reuter  -  138 words
  • Article
    Lock icon Don't despair says mayor of New York
    445 1 Reuter NYT NEW YORK, Sun. Mayor Abraham Beame says he believes a solution can be found to the latest financial crisis threatening New York city with bankruptcy. The city, struggling to avoid defaulting on its massive debts, was ordered by New York's highest
    Reuter; NYT  -  445 words
  • Article
    Small loans hog MIDF lending
    179 1 KUALA LUMPUR, Sun. Small loans dominated operations of the Malaysian Industrial Development Finance Berhad from April to July this year. Altogether, 34 loans valued at $16.24 million were approved compared with 55 loans for $20.7 million for the corresponding period last year. Twenty-one of the
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      46 1 ®Wiyfbong hand when Wayfoong Mortgage you need and Finance (Singapore) Limited it lllOSt Shaw House. Ground Floor. 354 Orchard Road. Singapore 9. Tel: *****7. INSIDE Leisure/TV ft Radio P 2 Leisure/Crossword P 3 Feature* P 4 Overseas new*/ Local Co new* P 5 International Co newi/
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    • Advertisement
      Page 1 Advertisements Column 2
      58 1 Meet Sony U-Matlc Color Videocassette Recorder/Flayer It**?. r SET' *"SSo.* ■sS VO-181Q k TTSASONY" •Dual system: Displays both PAL and modified NTSC colour recording when combined with both CVM-181OE VO-1810. •Receives and records TV programmes off the air. •Fully Automatic, solid state circuitry. For further information please contact' Setran Electronics
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    • Advertisement
      Page 1 Advertisements Column 3
      182 1 Albert Photo •J For the best in photographic < «rviiBHoo«s equipment 121 Ist floor O'c haici Towe"!or>D Hotei S'fiydDuid) O'Chjrci Ro,id S>nqapore9 Tel *****3 *****1 4 *****15 1 iSlWitll§®r'' '-Tv-v. vi'.w V'... r ?rr-: V 7. <> V i*s 2?* -v r „4< <r c: -■•-:> f wwmm W'o Only
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  • Article
    PROTECTION
    744 2 MR C. V. DEVAN NAIR, secretary-general of the NTUC, Is now in Brussels for a week-long session of the Executive Board of the International Confederation of Free Trade Unions. He Intends to take Issue with Western trade union leadens over the Increasing support they have given in recent months
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  • REVIEWS
    • Article, Illustration
      Lock icon CKT on how to see the point of an opera
      999 2 f MUSIC 1 Judith ON TO opera? It seems there are not a few Lawrence Welk and Ray Conniff fans who occasionally stray Into concertos and ballets, but whose constitutions take a queasy turn at the prospect of a bit
      Judith  -  999 words
    • Article
      Lock icon Of success or failure at putting down roots in US
      735 2  -  BOOKS By CHRISTOPHER LEHMAN-HAUPT NYT Palace* and Prison. By Dorothea Straus. 209 pages. Houghton Mifflin. US$7.»5. Airborne. A Sentimental Journey. By William Buckley Jr. 252 pages. Illustrated. Macmillan. U5512.95. WHENEVER Dorothea Straus hears a certain Mozart Symphony, she smells wood
      NYT  -  735 words
    • Article
      Lock icon The jargon of management
      384 2  -  By MICHAEL DIXON Financial Times Contrasts in management by Rosemary Stewart; McGraw Hill. £5.95 OVER THE years, researchers have sprinkled the Increasingly harder work and steadily falling rewards of managerial work with an abundance of "In" phrases, of lesser or greater usefulness. One recalls Shell's "helicopter
      Financial Times  -  384 words
    • Article, Illustration
      PICASSO: THE MAN HIS ART AND HIS LIFE
      925 3  -  BOOKS PICASSO by Patrick O'Brian; published by Collins. £6.95 Reviewed by KEVIN RAFFERTY HOW OPINIONS change, especially In the art world, fickle opinions coming and going like clouds In a spring breeze. Take the mighty Times of London for example: "He seems
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    • Article, Illustration
      One man's week
      1445 3  -  By JOHN DICK Mr Dick is managing director of Chartered Merchant Bankers Ltd. THURSDAY, Nov 4: Beginning to settle into the routine of London commuting, and unlike modern Singapore with the ALS, find London's traffic jams as solid as ever on a damp November morning. Attend the
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      200 2 IBJ The Bank for All Reasons Long-Term Financing. IBJ is Japan's oldest and largest long-term credit bank. We are the leading bank in arranging yen- denominated bond flotations by both foreign and domestic issuers. Main Bank to Japan's Key Industries. IBJ is main bank to more of Japan's industrial leaders
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      51 2 THE WEATHER report for 24 hours prior to 7.30 p.m. on Nov 21 at Singapore airport. Maximum temperature 28.0° C Associated humidity 75 Minimum temperature 22.9° C Associated humidity 97 Hours of sunshine 0.0 Rainfall in millimeters 1.5 Total rainfall for the month 187.8 Total rainy days for the month
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    • Miscellaneous
      Page 2 Miscellaneous Column 2
      243 2 RADIO TV SINGAPORE 5 P.M. Opening Announcements followed by Kudumba Malar (Tamil) (r) Diary Of Events (Tamil) General Hospitai Science Report (r) Intermission P.M. Opening Announcements followed by Accent on Youth (r) News In Brief December Bride "Trailer Show" Waterworld News In Malay 7.45 Sandiwara A Malay drama entitled "Suhu
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      248 3 HI B UJfiCEB BEnEFtrs SURUEV HOW DO YOU VALUE YOUR PEOPLE? It is a policy question. A complex question difficult to answer without comparative facts. To answer the question objectively will require concise, up-to-date information on your industry's general wage structures, bonuses and fringe benefits. Such information is fundamental to
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    • Advertisement
      Page 3 Advertisements Column 2
      354 3 Ice to water in 40 minutes under ordinary glass Ice to water in 1 hour 25 minutes under ordinary glass with Scotchtint fcfc 1 > Vfs Without Scotchtint With Scotchtint Here's your proof: 3M Scotchtint reduces the sun's heat by more than 757 We put 3M's Scotchtint Sun Control Film
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      632 3 Jumbo two-in-one crossword m a a m CRYPTIC PUZZLE ACROSS money, we're told (3) 9 Good shot at guessing 42 Obviously furious, have a what the child's sucking (5-3) 10 In general, we're told where cows go to feed (3) 11 A few pounds perhaps for remodelling the wig (6)
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  • Article, Illustration
    Lock icon Shah: Mistakes of spending spree must not be repeated
    630 4  -  By IBRAHIM NOORI Reuter MISTAKES made during Iran's big spending spree after quadrupling crude oil prices In 1973 must not be repeated, Shah Mohammed Reza Pahlavl has warned his subjects. The Iranian monarch was speaking to an Iranian newspaper recently about
    Reuter  -  630 words
  • Article, Illustration
    Lock icon Water crisis likely to affect Bahamas rich tourist trade
    557 4  -  By VERN DARVILLE Reuter RESIDENTS of the Bahamas are suffering from a serious fresh water shortage that could damage the lucrative West Indian Islands' tourist Industry. For three-quarters of the population on the main island of New Providence supplies are cut
    Reuter  -  557 words
  • Article
    Lock icon Israel's economic woes: Here we go again
    784 4  -  By HUGH ORGEL Reuter ISRAEL Is entering a parliamentary election year with Its economy In disarray and a labour crisis worse than any experienced in Its 28-year-old history. Nearly a third of the country's labour force, mainly In the public sector, Is either
    Reuter  -  784 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      100 4 Keep in touch with business developments in Singapore wherever you are in the world Subscribe now to Business Times I mimics ,2W% disi'ouM iui all annual \uh\criptnms By air-freight (Available tor Hong Kong and UK only) Hong Kong (daily) United Kingdom (weekly) 86.00 $110.00 $172.00 $220.00 m BUSINESS TIMES Subscription
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  • Page 4 Miscellaneous
    • Miscellaneous
      Page 4 Miscellaneous Column 1
      210 4 Crossword solutions CRYPTIC SOLUTION ACROSB. Bull'a-eye. 10, Let (Lee). 11, Weight. 12, St-R-and. IS, Tender*. 14, Sort. 15, Feeble joke. 17„ For-eater. 18, R-O-eett*. 19, Tax-I. 21, L-ocuat. 24, Puttine in the shade. 27, 81ides. 21, Age*. 30, S-print-8. 33, Strained. 35, Short a-Tory. 36, WeU (rev.). 37, Applied. 38,
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  • COMPANY NEWS
    • Article
      UAC to make scrip issue of 3 for 4
      368 5 UNITED Asbestos Cement Is making a scrip Issue of three-for-four which will capitalise MS 10.5 million and raise its paid-up capital to $24.5 million. A company statement says $3.41 million will be capitalised from the revaluation surplus of Its land and
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    • COMPANY MEETINGS
    • Article
      DIVIDENDS ANNOUNCED
      345 5 Current Ex Date Total for Total for payment Date payable the year previous year T. Cement Pref. 6% Nov. 4 Nov. 22 12% 12% Tractors 30% Oct. 12 Nov. 22 37.5% 25% A loom 10% Oct. 14 Nov. 25 10% 20% Hongkong Land 2.2% Oct. 19 Nov. 27
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    • Article
      MTC and Rothmans back on growth path
      1830 5 THE two listed cigarette companies, Malayan Tobacco Companv and Rothmans of Pall Mall (Malaysia), are back on the growth path, after suffering from severe setbacks in last year's recesslonary-cum-lnflatlonary conditions. Profits growth of these two companies was checked in 1974/75 by Inflationary cost
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    • Article
      NMB (S) Notes listing
      104 5 NMB Singapore's US$l2 million BV4 per cent guaranteed Notes 1983 will be (granted listing and quota- tion on the Stock Exchange of Singapore this morning. j A statement from the Stock Exchange of SlngaI pore says dealings will be on a ready basis only and the
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  • OVERSEAS
    • Article
      Lock icon 'Science' of the changing time at NYT
      151 5 NYT NEW YORK, Sun. The growing importance of computer science and other technological developments to the future of the New York Times Co. has prompted several personnel changes that affect the company and the newspaper. The announcements were made by Mr. Arthur Ochs
      NYT  -  151 words
    • Article
      Lock icon Full transition team to be named today?
      461 5 NYT WASHINGTON, Sun Pre-sident-elect Mr Jimmy Carter's full transition team of about 140 people will be named next week, possibly tomorrow, and his campaign director, Mr Hamilton Jordan, admits that there Is some competition betweenthose who have worked on the transition under Atlanta
      NYT  -  461 words
    • Article
      Lock icon No change in Post under Murdoch
      166 5 NYT NEW YORK, Sun. Mr. Rupert Murdoch, the Australian publishing magnate who has just agreed to purchase the New York Post for an undisclosed sum, said yesterday that he did not plan to alter the essential characteristics of what is the oldest continuously published
      NYT  -  166 words
    • Article
      Lock icon DAILY TIN PRICE
      101 5 Reuter PARIS, Sun. The French Association of International Metal and Ore Trader* said it is setting a daily French straits tin price on the basis of the international market price, CIF and converted into French francs. It said in a communique, the recent government decision to allow
      Reuter  -  101 words
    • Article
      Newsprint goes up, pages come down in Italy
      124 5 ROME, Sun. Italian newspaper publishers have decided to cut the size of their papers to a maximum of 16 pages from next Tuesday because of a shortage of newsprint caused by rising prices. A statement issued here yesterday night said that unless
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    • Article
      Lock icon SABENA EXTRAS FOR BUSINESS PEOPLE
      167 5 NYT NEW YORK, Sun. Fullfare economy-class passengers mostly business travellers are being given extra services on flights bv Sabena, the Belgian airline, between New York and Brussels. A 78-seat section is set aside for these three star service passengers, as they are called, and access
      NYT  -  167 words
    • Article
      Lock icon Dreamland for these farmers
      290 5 NYT AP CIUDAD OBREGON, (Mexico), Sun. Just 11 days before President Luis Echeverrla Alvarez leaves office, the Mexican Government on Friday expropriated over 81,000 hectares of rich farmIns land owned by a handful of wealthy families, and ordered their distribution to thousands of landless peasants. Within
      NYT; AP  -  290 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      202 5 N n y v I 4r Caisson Piling is capable of sinking foundations to a depth of 28 metres with minimal disturbance to the neighbours. The foundations of the new Telecoms Central Telephone Exchange in Hill Street posed a problem. Due to the sensitive telephone switching equipment contained in the
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Separatists' win brings further price drop
      739 6 THE CANADIAN STOCK MARKET NYT NEW YORK, Sun. The Canadian stock market has been In a trough for more than a year as government controls have squeezed profits. Prices have slipped even further following the sweep to power of Mr Rene Levesque and his
      NYT  -  739 words
    • Article
      Lock icon Reckitt and Colman expects a good year
      318 6 Reuter LONDON, Sun. Reckitt and Colman chairman Mr. Arthur Mason, said he Is optimistic about maintaining first half earnings In the second half. In the six months ended July 3, 1976, the company made a pre-tax profit of £26.7 million (£17.37 million) on
      Reuter  -  318 words
    • Article
      Lock icon US may have central stock mart in 5 years
      276 6 Reuter LUXEMBOURG, Sun. A national US securities market will be operating within five years because the Industry now recognises this 1s inevitable, Mr. Manuel Cohen, former SEC chairman said. Mr. Cohen told the last day of a symposium on the future
      Reuter  -  276 words
    • Article
      Lock icon Encouraging signs from Leyland (A)
      259 6 Reuter SYDNEY, Sun. Managing director of British Leyland Alex Park said the performance of Leyland Motor of Australia this year is very encouraging and its British parent Intends to back accelerated production, including a possible expansion in car and bus exports. Mr. Park told a
      Reuter  -  259 words
    • Article
      Lock icon UAW and GM reach agreement
      208 6 Reuter DETROIT, Sun. The United Auto Workers Union said It reached a tentative agreement with General Motors on a new three-year contract following the pattern of the agreement with Ford Motor last month. The union said It has asking workers at 16 plants with 80,000
      Reuter  -  208 words
    • Article
      Lock icon Allied Food recovers
      97 6 Reuter HONGKONG, Sun. Allied Food Industries (Far East) has reported an unaudited consolidated attributable profit of HK$O.3 (million compared with a loss of $7.9 million for the first half ended June 30. The company said the turnround was due mainly to higher gross margins achieved by the
      Reuter  -  97 words
  • Article
    Share Information for the week
    2254 6 SECTION ONE INDUSTRIALS Gr'» Gr't Weak 1976 Last Wert Div Div Y'ld P/E Vol Week High Low Company Sate +or- C'vr <••»> High Low 250 170 Acma 172c rl +2 12 ON 1.1 6.9 8.6 2 172 172 206 172 Alcom 206xd 20.0 1.3 9.7
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      121 6 10 MOOD START am with mm irnmm HOMFSrUDIfS DIVISION 1 WOLSEY HALL COURSES Professional Examination Courses Institute of Administrative Management institute of Bankers Inst, of Chartered Secretaries and Administrators Institute of Statisticians London Chamber of Commerce and Industry Business studies courses Act immediately for examination success write in for a
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  • WALL STREET AND OTHER OVERSEAS MARKETS
    • Article
      New York
      996 7 NEW YORK: The stock market, under selling pressure during part of the session, firmed In late trading to close mostly higher on Friday. Volume was again heavy. Analysts said the early rally was cut shortpartly by profittaking after Thursday's strong advance. But worries over the future Mice of
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    • Article
      Amsterdam
      326 7 AMSTERDAM The market closed narrowly mixed In quiet dealings on Friday. Anions Dutch Internationals Royal Dutch which went ex-dlvldend and Unilever rose while the remainder fell. Akzo closed 0.30 guilders down with the market generally taking a gloomy view of the third quarter result which was announced after bourse
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    • Article
      Frankfurt
      261 7 FRANKFURT: Most shares rose up to two marks on Investment fund demand and following Wall Street's firmer trend on Friday, market sources said. Among sharper Increases, stores were up to five marks higher. In engineerings Man ordinary shares firmed 3.20 In a delayed reaction to Wednesday's announcement of a
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    • Article
      Jo'burg
      378 7 JOHANNESBURG: Oold shares continued to firm In line with overseas bullion Indications on Friday although trade was quiet, dealers said. Financial minings were quietly mixed to slightly easier. De Beers moved two cents off the top to rule one cent up at 318. Coppers were very quiet, plantlnums basically
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    • Article
      Paris
      384 7 PARIS: Price* in all sectors fell on Friday reflecting the 3/4 point rise In call money to 109/lfl per cent, French franc weakness and the higher October trade deficit, dealers said. Creuaot-Loire fell five per cent and CMera four per cent among metals. Klebcr and Aquitaine shed four per
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    • Article
      Zurich
      277 7 ZURICH: The market was steadier on Friday but activity continued restricted, dealers said. Swissair firmed. AG Lew and Bankfea*Uach*ft were higher In otherwise little-changed banks. Bally, Javeaa and OerlikeaBaehrle Bearer all rose moderately In very steady flnanclals. Insurances closed barely steady, except for firmer Zurich Bearer, among Industrials, Brewa
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    • Article
      Milan
      155 7 MILAN: The market closed higher on Friday In active dealings on renewed demand, dealers said. Fiat, Montedison, Snia Viacoaa, Pirelli Spa were leading Industrials to show (air gains In an Improved sector. Mediobanca was also higher In banks as were Aaaicurazioni Generali In Insurances and Baatogi In financial*. Bonds
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    • Article
      Brussels
      143 7 BRUSSELS: Belgian shares rose across a wide front on Friday following Wall Street, dealers said. Wagons-Llts was among rare loaers. Americans and Germans rose, Dutch were mixed, British little changed and French fell. Gold mines were well disposed. American Petroflna was unchanged but the parent company and Canadian Petroflna
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    • Article
      Toronto
      264 7 TORONTO: Share prices for most Quebec-oriented Issues on Friday had advanced near to pre-efectlon levels at the close of moderate trading on the Toronto market. Bell Canada was up to at 47-to, Gens tar gained to 21-to, Canadian Tire closed 1-to higher at 30-to, Northern Telecom and Moore Corn
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    • Article
      Indices
      255 7 FINANCIAL TIMES INDUSTRIALS Friday Thursday Week ago 307.2 317.00 308.9 TIN Friday Thursday Week ago 117.70 118.62 124.88 RUBBERS Friday Thursday Week ago 503.38 507.22 490.23 OILS Friday Thursday Week ago 382.10 384.10 368.15 DOW JONES AVERAGE INDUSTRIALS Friday 948.80 Thursday 950.13 Week ago 927.69 LONDON DOLLAR PREMIUM Friday
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    • Article
      CHICAGO BOARD OPTIONS
      1052 7 On November 19 PRICES were slightly higher on the Chicago Board Options Exchange on Friday with 234 contracts up compared with 233 down. Volume was 106,650 contracts compared with 92,540 on Thursday. OPTION JAN APL JLY 8TOCK Alcoa 4S 85/8 NOL NOL 531/4 Alcoa SO 41/2 55/8
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    • Article
      Lock icon VW to do well forecast
      156 7 Reuter WOLFSBURQ, Sun. Volkswagen said It expects a very favourable result for 1976, but said developments at Its loss-making Mexican subsidiary prevent It from making an overall earnings forecast. Oroup turnover In the first nine months of this year rose 15 per cent above the
      Reuter  -  156 words
  • Article
    Prices rally in NYSE
    284 7 STOCK and bond prices soared last week In active trading that took Wall Street most pleasantly by surprise. The Dow Jones Industrial average bounded ahead 21.11 points to finish at 948.80, after having dropped more than 37 points In the two previous weeks. The broad list
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  • Loans
    • Article
      Lock icon Bank of England
      114 7 Reuter LONDON, Sun. The Bank of England announced a new government bond £800 million of Exchequer 13 per cent stock 1980 for issue at £96.25 per cent. Flat yield Is 13.51 per cent and gross redemption yield 14.25 per cent. Interest on the stock will be payable
      Reuter  -  114 words
    • Article
      Lock icon Bundesbank
      128 7 Reuter FRANKFURT, Sun. The Bundesbank said the Finance Ministry is offering from tomorrow an openended amount of noninterest bearing treasury bonds with maturities of up to two years and yields ranging from 4.45 per cent to 5.94 per cent. The so-called U-Schaetze, which are available In lots of a
      Reuter  -  128 words
    • Article
      Lock icon Denmark
      109 7 Reuter TOKYO, Sun. The Danish Government and a Japanese underwriting syndicate signed a 10-billion yen nine per cent 12-year bond issue contract, lead manager Nomura Securities said. It will be publicly offered at par from Nov 22 to Nov 29 with payment by Nov. 30, and application will be
      Reuter  -  109 words
    • Article
      Lock icon GIS issue
      81 7 Reuter PARIS, Sun. French steel industry financing group Groupement de L'lndustrie Siderurglque said it plans to launch a bond Issue on the domestic capital market on Nov 29. A spokesman said amount and duration should be set early next week with yield decided towards end of the week
      Reuter  -  81 words
    • Article
      Lock icon DG Bank
      77 7 Reuter LONDON, Sun. The amount of DO Bank Finance Company's floating rate note offering has been increased to US$5O million from 40 million due to substantial demand, S.O. Warburg said as lead manager. Application lists will now close on Nov 24 and the loan will be signed the
      Reuter  -  77 words
    • Article
      Lock icon CVRD
      75 7 Reuter FRANKFURT, Sun. The 100 million mark Eurobond being offered by the Brazilian iron ore firm Companhla Vale Do Rio Doce (CVRD) will have an SVi per cent coupon and will be for 10 years, co-manager Dresdner Bank said. Earlier this week a CVRD spokesman said the bond would
      Reuter  -  75 words
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      Lock icon Korean DB
      50 7 Reuter HONGKONG, Sun. The amount of the five year 9.5 per cent Korean Development Bank (KDB) Eurobond issue has been raised to US$25 million from $20 million, bond market sources said. Lists for the issue, to be quoted in both Luxembourg and Singapore, open on Monday, they added.
      Reuter  -  50 words
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      Lock icon Norway
      46 7 Reuter GENEVA, Sun. Norges Kommunalbank will float a 60 million franc, per cent loan on the Swiss market from Nov 26 to Dec 3, Banque Outzwlller, Kurz Bungener said. Issue price will be fixed later. The loan is guaranteed by the Kingdom of Norway. Reuter
      Reuter  -  46 words
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      Lock icon SNCF
      69 7 Reuter PARIS, Sun. French national railways, Ste Natlonale Des Chemlns De Fer (SNCF), said It will float a 400 million franc 11 per cent state backed bond issue of 14 years five months at par on the domestic capital market next Monday. A spokesman said cross redemption yield will
      Reuter  -  69 words
    • Article
      Lock icon Arbed
      42 7 Reuter ZURICH, Sun. Arbed Finance will float an 80 million f ranee 5-1/2 per cent 16-year Swiss loan from Dec I—6, primary market sources said. The loan is guaranteed by Acieries Reunies de Bur-bach-Eich Dudelange. Issue price will be fixed later.
      Reuter  -  42 words
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      97 7 CEPIIQC a BRIGHTER FUTURE in ACCOUNTANCY with FOUIKS LYNCH Enrol now with FEDERAL PUBLICATIONS Home Studies Division for the following FOULKS LYNCH Courses Association of Certified Accountants Institute of Cost and Management Accountants Association of International Accountants Institute of Taxation Institute of Accounting Staff Society of Company and Commercial Accountants
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  • COMMODITY REPORTS AND PRICES
    • Article
      Rubber market
      302 8 LONDON, Sun. The terminal closed steadier on Friday afternoon, mostly 0.50p (Jan 63p buyer) to 1.75p up from Thursday's close with 183 lots of 15 tonnes traded. There were 10 further call options posted during the afternoon comprising one Apl/Jne 1977 premium 11.50p basis 67.20p and nine Oct/
      302 words
    • Article
      The week's Tin/Rubber prices
      66 8 No* 15 Nov 16 No* 17 No* 18 No* It No* •Tin: Tonne: tRubber(S): tRubber(M): *1.215 00 28« 207 25 213 50 •per plcul $1,228 00 310 207 50 213.25 (1.230 00 195 207 25 213.25 t cent* per kilo $1.234 00 287 208 50 212.00
      66 words
    • Article
      Produce prices
      253 8 CHINESE PRODUCE EXCHANGE. SINGAPORE NOON CLOSING PRICES PER PICVL YESTERDAY. Coconut Oil: Bulk $75 sellers, old drum *80 sellers, new drum $85 sellers. Copra: Mixed (loose) UK/Cont. $46 buyers Pepper Muntok ASTA white f.o.b. 100% NLW $317*, sellers, Sarawak white to b 96% NLW $300 sellers, Sarawak special
      253 words
    • Article
      Palm oil
      133 8 THE following Palm OH prices were quoted in London on Friday. The prices are elf Rotterdam and are quoted In US dollars per long ton unless otherwise stated Friday Prev. Malaysian 5% ffa bulk Dec unch 465 sir Jan unch 455 sir Feb unch 455 sir Sumatra 5%
      133 words
    • Article
      Lead
      37 8 LONDON, Sun. Lead fell by £1.50 for Cash and £3 for Three Months, on Friday afternoon. The market softened under scattered liquidation in the absence of fresh physical interest, dealers said. Sales were only 575 tonnes.
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    • Article
      Zinc
      36 8 LONDON, Sun. Zinc gained £2.50 for Cash and £1 for three months on Friday afternoon further covering against light UK physical demand held the market steady on end morning ring levels. Sales were 1,075 tonnes.
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    • Article
      Gold
      385 8 AFTER opening In line with overnight levels at U*****.75 per ounce, gold moved up sharply in Singapore to close at $131.25 on Saturday. However the rise was not supported by good volume and the market was hesitant at the close. Source: Siogmaa THE Singapore Chinese Gold and Silver Merchants
      385 words
    • Article
      Silver
      131 8 LONDON, Sun. Silver finished London Trading on Friday afternoon at 257/258p per ounce in Spot and 267/268p in three months, virtually unchanged on the fixing rates, dealers said. In cent terms the metal was a little firmer than Thursday but the technical adjustment to make up for firmer sterling
      131 words
    • Article
      Straits tin
      154 8 THE Straits tin price in Penang on Saturday closed the week down $10.00 to $1240.00 on an official offering down 10 tonnes to 245 tonnes. In LONDON on Friday afternoon, tin on the day gained £6 for Cash and lost £4 for Three Months in both contracts. The
      154 words
    • Article
      Copper
      272 8 LONDON, Sun. Copper wlrebars on the dav gained £4 for Cash and £2 for three months on Friday afternoon. The market edged higher on pre-weekend covering and booksquarlng prompted by the steady New York trend and a slightly softer tone in sterling, dealers said. Three Months finished the ring
      272 words
    • Article
      Sugar
      114 8 LONDON, Sun. Terminal sugar closed steady on Friday afternoon at £0.70 per long ton up from Thursday (Aug at £143.50 bid) to unchanged. Turnover totalled 1804 lots Including 70 further options. In NEW YORK on Friday afternoon, world sugar futures drifted aimlessly on mixed dealings after meeting resistance at
      114 words
    • Article
      Wheat
      139 8 CHICAGO, Sun. Wheat futures posted gains of Vt to four cents a bushel on the close on Friday on a spillover of buying from other pits. The volume of dealings was relatively light, with little fresh direct news to stimulate trading Interest. Prices were narrowly mixed in early dealings
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    • Article
      Rice
      44 8 HONGKONG, Sun. The market was quiet with prices all unchanged on Saturday. The day's turnover totalled 46 tons comprising Thais 10, Kwangtung 16 and Australia 20. Arrival was from Bang- kok 340 tons. In Bangkok, all rice prices on Saturday were also unchanged.
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    • Article
      COMMODITIES HAVE A QUIET WEEK AGAIN
      673 8 It was another generally Idle period of trading at the Singapore produce market last week. Sales to overseas markets were minimal and mainly written on consumer account. By and large, dealers here were operating In Isolation from the international markets for most commodities. The
      673 words
    • Article
      Coffee
      299 8 LONDON. Sun. Robusta futures closed Irregular on Friday afternoon, £36 to £74 up from Thursday's close with 2585 lots traded Including 60 call options. Terminal continued Its earlier afternoon rise with Mch reaching a high of £2,295 before settling back to close at £2,278/ 2280 buyer seller. Market sources
      299 words
    • Article
      Soy beans
      132 8 CHICAGO, Sun Soybean futures rose sharply on heavy commission house stop-loss buying to show gains of 22 to 17 cents a bushel around mldsesslon on Friday. Good, mixed buying interest took prices higher at the opening and the advance accelerated rapidly in an active trade as stops were
      132 words
    • MONEY AND EXCHANGES
      • Article
        Singapore
        146 8 BRITAIN'S announcement of new foreign exchange controls and the re-lntro-ductlon of supplementary deposits by the Bank of England saw the British unit make a remarkable recovery from Wednesday's level of US» 1.6535/55 to $1.6920/40 In dollar terms. Trading in the British currency was erratic and extemely volatile with Sterling/Singapore
        146 words
      • Article
        Asian $ rate
        233 8 Asian rate TRADING remained slack for the week, with rates moving easier towards the week-end. The threes and sixes closed 1/16 1/8 easier. Rollover interest in these two periods kept the rates steady. Short dates were steady for the week. ASIAN currency average deposits rates tor the week ended Nov.
        233 words
      • Article
        Discount market
        255 8 THE easier trend In interest rates persisted In the money market throughout the week with the exception of the overnight rate, which saw significant fluctuations due to manipulation of the market by certain local banks. Some discount houses experienced shortages on certain days of the week as the
        255 words
      • Article
        Lock icon Money market
        56 8 Source: Astley and Pearce A relatively quiet market prevailed throughout the week with the Term Funds moving within 1/0 In the 1, 2 and 3 months to close at 3Vfc 7/18, 3% 13/16 and 4 3% on Friday respectively. Overnight funds however fluctuated between 4 3*4 and 2\
        Source: Astley and Pearce  -  56 words
      • Article
        London
        223 8 LONDON, Sun. Sterling moved slightly easier at the close on pre-weekend position closing after a quiet afternoon's trading on Friday afternoon, dealers said. It traded at a late U551.6780/95, compared with $1.6815/30 at midday and early indications over $1.69 but was still two cents up on the rate ruling
        223 words
      • Article
        Zurich
        318 8 IN ZURICH over the week, sterling, backed by new measures In the exchange control and monetary policy fields, staged a strong come-back. The UK Government announced on Thursday that financing in sterling by British banks for thrld-country trade will henceforth be prohibited. In addition, it reactivated is supplementary special
        318 words
      • Article
        Minimum lending rates (in %)
        59 8 Minimum lending rates (in ACBC First Chicago .6* Algemene Bank 7 Citibank .6* Bangkok Bank .7* HSBC ...7 Bank of America 6V« Indosuez 7 Bank of China .7* Malayan Banking 6*4 Bank of Tokyo Mitsui Bank 6V, Bank Negara OCBC 6% Indonesia .7V, OUB 6V« Chartered Bank 6V. UCB .7*
        59 words
      • Article
        Short term money
        48 8 For the week ended Saturday, Oct 30 the range of call rates received from Short Deposits M Berhad was as follows: GENERAL FUNDS: 2% per cent to 4 per cent. Movements of funds totalled $371 million. BANK FUND: 2% per cent to 4 per cent.
        48 words
      • Article
        New York
        200 8 NEW YORK, Sun. The dollar closed slightly weaker on Friday afternoon, but was marked sharply lower In US West Coast trading on late news that 11 Federal Reserve banks cut their discount rates to 5-1/4 percent from 5-1/2, dealers here and In California said. The dollar had earlier
        200 words
      • Article
        Euro $ rates
        158 8 Euro rates LONDON, Sun. Most Eurodollar deposits closed on Friday afternoon 1/16 easier against opening steady levels in continuation of quiet conditions, dealers said. Losses were noted mainly in the morning, reflecting light rollovers, lack of prime Interest, and levels of 4 15/16 overnight in FED funds without official intervention.
        158 words
      • Article
        Frankfurt
        33 8 FRANKFURT exchanges closing rales quoted on Nov. 19. US 2.4270/90 Can 2.4565/75 UK 4.063/073 Neth 95.63/68 Switz 98.89/95 Italy 2.78/79 France 48.24/31 Japan 0.8175/8205 Beig com 6.52/53 Belg fin 6.51/52 Norw 45.74/82.
        33 words
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      171 8 >v< <V-s*'-' s, MITSUI TRUST f^ r *f» i" j'^irSL M:. .-.-*:t >» vW* fill I m& -f>\ W& rn -r" -y- 'ir pi* '■> ■J*' v v SPPaiiPilP HS*®# v mm r m ••••::;> -v ais&rr H, -y m a Now at Shenton Way The Only Japanese Trust Bank
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  • Article, Illustration
    Lock icon THERE'S A SHADOW OVER MANAGER MACKAY
    535 9  -  •SOME SHAREHOLDERS STILL PINE FOR THE RETURN OF BRIAN CLOUGH: PLAYING SUCCESS IS NEEDED' WANTED WORRIED By ALAN WILLIAMS Daily Express LONDON, Sun Derby manager Dave Mackay has endured a blistering attack from militant shareholders. He emerged determined to defy his critics, but, after
    Daily Express  -  535 words
  • Article
    Kian Tiong polishes his putting
    447 9 GOLF LIM Kian Ton| is paying much emphasis on putting at the moment, the weakest aspect of his game in preparation for the World Cup golf championships at Palm Springs, California on Dec 9-12, reports DHARSAN SINGH. "I'm worried about my putting," he said yesterday.
    447 words
  • Article, Illustration
    Lock icon Another hectic week in Japan
    587 9 "MQNOAY SPORTS JAPANESE SPORTS SCENE Reuter TOKYO, Sun. Japan faces another active series in sports next week with leading golfers and tennis players, Including Americans Jack Nicklaus, Ben Crenshaw, Chris Evert and Manuel Orantes of Spain competing here. The rush of major international events follow
    Reuter  -  587 words
  • Article
    Steely win by Vikings
    307 9 AMERICAN FOOTBALL QUARTERBACK Keith Orgeron led the World League Vikings to a stunning 14-0 triumph over hitherto unbeaten Steelers In the American Football League action at Ulu Pandan last weekend, reports JIM GEISER. Orgeron set the Vikings on their way early In the game, when he
    307 words
  • Article
    Lock icon KENNEDY TO THE RESCUE
    779 9 SOCCER AP LONDON, Sunday Ray Kennedy saved Liverpool with the equaliser against Arsenal three minutes from time yesterday and the defending champions retained a five points lead at the top of the English soccer championship. Liverpool appeared heading for defeat at Highbury until Kennedy, playing against
    AP  -  779 words
  • Article
    Lock icon Barrington sure England on their way back
    703 9 CRICKET Daily Express LONDON, Bun. One of the first jobs facing tour manager Ken Barrlngton when the M.C.C. party arrives In Bombay in a fortnight will be to arrange team photographs for hundreds of Christmas cards. The message will be the traditional one
    Daily Express  -  703 words
  • Article
    Lock icon GARETH STILL GREAT AFTER 10 TOP YEARS
    407 9 RUGBY Daily Express LONDON, Sun. OARETH EDWARDS, Wales's record cap holder, with 45 appearances, Is Incredibly on the thresh-hold of 10 years In International rugby. My former half-back partner, still only 29, has dominated the world scene for many of those years. But
    Daily Express  -  407 words
  • Article
    Lock icon Double trouble
    317 9 SOCCER The Observer LONDON, Sunday There's nothing like a ■pot of FA Cup fever to bring out all that's best in our football like double sending-off at Reading and Barrow, where the locals timed their bid for media glory with a pitch invasion in which two of visiting
    The Observer  -  317 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      175 9 A s- A A Confidence 2 'W f The name of the gome is pleasure golfing with Confidence! And why. Unlike conventional drivers, in Confidence Solid State woods, the weight is cast directly into the one-piece 'sole-n-face' plate, which allows weight distribution the most important part of any club to
      175 words
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  • Article
    Lock icon War if Rhodesia talks collapse
    222 10 Reuter GENEVA, Sun. Black Nationalists at the deadlocked Rhodesia conference are warning that If the talks collapse, the alternative Is a guerilla war in which Britain will be powerless to protect the Interests of the country's ruling white minority. The warning was spelled out to
    Reuter  -  222 words
  • Article
    Lock icon Seoul lobbyists 'were advised'
    218 10 NYT SEOUL, Sun. Officials of the Nixon administration not only failed to curb South Korean lobbying activities in the United States, but also regularly provided informal advice to those efforts, according to several Korean politicians and American diplomats here. Korean sources also said that they had
    NYT  -  218 words
  • Article
    Lock icon Aid for Mongolia
    114 10 UPI TOKYO, Sun. Japan will sign a trade agreement with Mongolia early In 1977 and donate U5516.67 million (Ss4o million) worth of machinery for a cashmere fabric factory, the Asahi newspaper said today. Donation of the machinery will be In response to Mongolian demands for World War
    UPI  -  114 words
  • Article
    Four-day display
    88 10 MORE than 130 companies from 14 countries win participate at the four-day International Exhibition of Electrical and Electronic Equipment which opens on Wednesday at the National Stadium. "ENEX 76" as the exhibition is called is the third of a series of International exhibition organised by INFAMA and is
    88 words
  • Article
    Lock icon Two more sign oil pact with Jakarta
    147 10 AP JAKARTA, Sun. Another two American oil firms operating on a production snaring basis in Indonesia signed an agreement yesterday accepting 85-15 terms with the Government. Atlantic Richfield Indonesia, Inc. (ARCO), and Philips Petroleum Company Indonesia join seven other foreign companies which have
    AP  -  147 words
  • Article
    Lock icon FAKE GOLD COIN RING SMASHED
    135 10 UPI LONDON, Sun. Scotland Yard announced yesterday that detectives had smashed a forgery plot which could have threatened the world's gold market by flooding it with fake half sovereigns. Had the forgers' plan succeeded, It would have caused "immeasurable damage" to the gold market, a
    UPI  -  135 words
  • Article
    DAILY AIRCRAFT MOVEMENTS
    560 10 ARRIVALS Service Local From Operator Number Time CPA CX003 0145 HKG JAL JL712 1000 HLP SIA SQ211 1010 HLP GIA GA980 1030 HLP CPA CX710 1030 HLP THAI TG423 1035 BKK GIA GA908 1100 MES PAL PR501 1115 MNL SAS SK097 1140 CPH/NDH/BKK KLM KL811 1145 AMS/ABD/KHI/
    560 words
  • Article
    Lock icon New US gains in war against inflation
    350 10 NYT Reuter WASHINGTON, Sun New gains in curbing inflation were scored last month, with retail prices rising only 0.3 per cent, the Labour Department reported on Friday. The 0.3 per cent Increase in the consumer price index In October was the smallest rise
    NYT; Reuter  -  350 words
  • Article
    Lock icon Talks on sale of F-15s to Japan
    121 10 UPI TOKYO, Sua US Defence Department officials will be invited to Japan late this month for crucial negotiations on sale of McDonnell Douglas Aircraft Corp'* Fl5 figher plane to Japan's Air Self Defence Force, the Yomiuri newspaper said today. The order for up
    UPI  -  121 words
  • Article
    Work starts on Tj Priok
    419 10 INDONESIA'S planned U5579.3 million (SSIBO million) expansion of Jakarta's port of Tanjung Priok got underway yesterday with an official Invitation to International civil engineering contractors and sub-contractors, and established Indonesian firms In the business, to tender for work in the project. The invitation closely follows
    419 words
  • Article
    Lock icon Brazil hikes export price of coffee
    200 10 UPI RIO DE JANEIRO, Sun. The Federal Ooverment has Increased the export price of coffee as a means of freezing further sales this year, according to a Brazilian coffee Institute (IBC) resolution unofficially published yesterday. IBC president Camlllo Calazans said the IBC resolution, which
    UPI  -  200 words
  • Article
    Lock icon Paving way for options exchange
    79 10 Reuter AMSTERDAM, Sun. The Amsterdam Stock Exchange Association said It set up a foundation to prepare a European Options Exchange. The new foundation, with a five-man managing committee, will begin formal preparations for an options market following favourable preliminary studies which were carried out by
    Reuter  -  79 words
  • Article
    Lock icon Taiwan may lift imported car ban
    88 10 UPI TAIPEH, Sun. Economics Minister Mr. Y.B. Sun said on Friday that Government was considering to lift the ban on car Import imposed In May, 1974. However, the move would only be partial and the Government would continue to assist the domestic motor industry
    UPI  -  88 words
  • Article
    CONFIDENCE WON THE DAY AT MSHI
    293 10 ALTHOUGH the development of the Mitsubishi Singapore Heavy Industries project was hit by the twin problems of inflation and worldwide recession, it was carried out as planned because shareholders were confident of the long term viability of the shipyard. This was pointed out by
    293 words
  • Article
    Lock icon Gatt meet on fall and rise in trade
    252 10 Reuter GENEVA, Sun The 83member governments of the General Agreement on Tariffs and Trade (Gatt) start three-day talks tomorrow to discuss last year's fall-off in world trade and its subsequent uncertain rise. Senior officials will review International trade developments and related economic
    Reuter  -  252 words
  • Article
    Lock icon Asean meeting on population
    205 10 Reuter UPI KUALA LUMPUR, Sun. The Association of Southeast Asian Nations will hold its first meeting on the problems of population growth In South-east Asia from Wednesday to Friday, it was announced here today. Malaysia's National Family Planning Board said the meeting would concentrate on specific
    Reuter; UPI  -  205 words
  • Article
    Lock icon CANADA JOBLESS WILL BE HIGHER
    90 10 Reuter OTTAWA, Sun. Finance Minister Mr. Donald MacDonald said unemployment in the current quarter will be higher than forecasts indicated in the last federal budget. Mr. Mac Donald also told the Commons that the Government's financial requirements will be more than Css billion for the
    Reuter  -  90 words
  • Article
    Lock icon AEROSOL STUDY STEPPED UP
    343 10 NYT NEW YORK. Sun. A vigorous research and development effort throughout the multi-billion-dollar Aerosol industry Is taking place as a result of concern over the effect of fluorocarbon emissions on the oaone layer. Alternative or substitute aerosol propellents have been identified and put into test applications,
    NYT  -  343 words
  • Article
    Lock icon Grain imports by Soviets to hit 20m tonnes
    282 10 UPI WASHINGTON, Sun. Moscow might try to buy up to 20 million tonnes of US grains a year through 1980 to meet continuing agricultural shortages, according to some Central Intelligence Agency and academic experts. A conference of academic and government specialists at
    UPI  -  282 words
  • Article
    MTUC race in full swing
    58 10 KUALA LUMPUR, Sun. Campaigning for the various-offices to be contested during the Malaysian Trades Union Congress election from Dec 3 to 6 is in full swing. The contenders for the post of MTUC president are Dr. P.P. Narayanan, Mr. K. George, Mr. A.V. Kathiah, Mr.
    58 words
  • Article
    Soft drink prices to go up again?
    295 10 ANOTHER Increase In the Srlce of soft drinks In tng&pore Is on the cards. This is what leading personalities in the industry have been hinting. The Increase will probably be made at the beginning of next year, making it the third hike in
    295 words
  • Article
    Lock icon Vote for slight easing in monetary policy
    265 10 Reuter WASHINGTON, Sun. The Federal Reserve Board Federal Open Market Committee voted a slight easing In US monetary policy at Its meeting on Oct 19, according to minutes of the meeting released during the day. The Committee voted to permit the narrowly defined
    Reuter  -  265 words
  • Article
    Struggle over Anika ends in Nordin's favour
    280 10 KUALA LUMPUR, Sun. Changes have been made to the share stucture of Anika (Insurance) Sdn. Bhd., one of the largest insurance broking firms in the country. This brings to an end the struggle between En elk Nordln Hamid, Anika s managing director, and
    280 words
  • Article
    Talks with Kosaka
    45 10 KUALA LUMPUR, Sun. Foreign Minister Tengku Ahmad Rlthauddeen will call on Japanese Foreign Minister Mr. Zentaro Kosaka for talks on bilateral and international issues, including matters relating to Asean. Tengku Rlthauddeen said this before leaving for a short goodwill visit to Japan.
    45 words
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      Page 10 Advertisements Column 1
      16 10 Ifl/IGHT HOLIDRV/ The Executive's Travel Agent Suite 102.Cathay Building Mount Sophia A Singapore 9 Telephone *****2.
      16 words
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      Page 10 Advertisements Column 2
      56 10 Lunch or dine in a grill room that savours of Olde England with food just as savoury. An ideal place to combine business with pleasure cosy and private. English-manner service too. Ask for the Executive Lunch or any speciality from our new a'la carte menu. 4 Lunch: n00n—2.30 pm (except
      56 words