The Business Times, 2 December 1976
1976-12-02
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section10 1976-12-02 1 BUSINESS TIMES M.C.(P) 1455/78 THURSDAY, DECEMBER 2, 1976 SO CENTS10 words
-
NEWS IN BRIEF
-
Article82 1976-12-02 1 AP SEOUL, Wed. The Daewoo Industrial Company, a South Korean exporter, said today It has won a US$65 million (SSIS9 million) contract to supply Sudan with 1,650 railroad freight cars on a deferred payment basis. The contract calls for completion of delivery by March 1978. The saleAP - 82 words
-
Article68 1976-12-02 1 Reuter NEW YORK, Wed. A senior South Korean intelligence officer based In Washington has turned himself over to American investigators and is seeking asylum, the New York Times reported today. The defection was described by the newspaper as the biggest single breakthrough in a government investigation,Reuter - 68 words
-
Article90 1976-12-02 1 AP SYDNEY, Wed. Australian trade unions decided today to allow the export of Australian uranium to meet existing export contracts. The decision came at a meeting of 18 unions whose members are engaged in the mining, processing and transporting of uranium. The vote backs up aAP - 90 words
-
Article55 1976-12-02 1 Reuter BANGKOK, Wed. Bangkok's Thammasat University, scene of 46 deaths in bloody student-police clashes which preceded Thailand's military coup, reopened today for the first time since the October takeover. Students who were scheduled to take their longdelayed examinations today quietly entered the closely guarded campus on which allReuter - 55 words
-
Article71 1976-12-02 1 WASHINGTON Wed. Singapore's Ambassador to the United Spates, Mr. Punch Coomaraswamy, was among five new ambassadors who met President Ford yesterday after they had presented their credentials. The meeting was arranged for President Ford to officially recognise the new ambassadors who included Mr. Roel Karamat of Surinam,71 words
-
Article74 1976-12-02 1 Reuter ADELAIDE, Wed. Nissan Motor said it awarded Chrysler Australia a Asl9 million (5548.6 million) contract to supply iron engine castings over the next four years. It said in a statement contracts for other components worth $4 million went to a Chrysler unit and Camelec Cables.Reuter - 74 words
-
Article39 1976-12-02 1 Reuter JAKARTA, Wed. The Indonesian Government today released 150 hardcore communist prisoners, jailed after the 1965 abortive communist coup, In what appeared to be a first step towards solving the problem of some 40,000 political detainees.Reuter - 39 words
-
Article44 1976-12-02 1 UPI NEW YORK, Wed. Dow Jones averages, based on the first hour of trading today on the New York Stock Exchange: 30 Indus 948.80, up 1.58; 20 transp 227.ii, up 0.99; 15 utils 101.61, down 0.16; 65 stocks 308.17, up 0.57. UPIUPI - 44 words
-
-
Chief Price Changes
-
Article, Illustration189 1976-12-02 1 SENTIMENT improved slightly at the Stock Exchange of Singapore yesterday as the new month began. However, trading was light. The resultant gains by shares lifted the Business Times index 2.70 points to 239.79. But, with blue chips neglected, the Straits Times Industrial average only managed a rise189 words
-
-
Article921 1976-12-02 1 COLIN CHEE - NEARLY 300 AFFECTED BY NEW LAWS By COLIN CHEE CLOSE to 300 companies in the .travel industry, specifically ticketing agencies, and in-bound and outbound tour operators, are affected by the provisions of the Travel Agents Act, 1975 and the Travel Agents Regulations, 1976 which came921 words
-
Article173 1976-12-02 1 domestic money market yesterday saw a maverick jump In overnight Interest rates which hit a high of nine per cent per annum after hovering at the three-to-four per cent level for some three months. The last time overnight funds were traded at about this level173 words
-
452 1976-12-02 1 ALTHOUGH the combatants for seats on the Sime Darby board are mulling over a proposed compromise, well-informed observers are not hopeful that they will come out of their negotiations smiling. It is generally felt that both the dissident Malaysian shareholders, represented by452 words
-
Article253 1976-12-02 1 UPI SHIZUOKA (JAPAN)PrIme Minister Takeo Mlki today admitted his party faces "a very severe situation" In the Dec. 5 general elections but said newspaper polls predicting it would lose Its majority In Parliament are "more severe than reality." On a stumping tour through Shizuoka provinceUPI - 253 words
-
Article112 1976-12-02 1 AP WASHINGTON, Wed. The Government said today Its Index foreshadowing economic trends remained unchanged In October after two months of steep decline. It indicated that America's economic slowdown might not worsen. At the same time, the Commerce Department revised its index of leading economicAP - 112 words
-
Article80 1976-12-02 1 INSPIRED JUMP BY Reuter LONDON, Wed. The pound sterling jumped more than a cent in London this morning to over 1.66 to the dollar, the highest level for three weeks. After opening at just under US$l.66, it moved steadily ahead and was quoted at $1.6635, a gain of 1.10 centsReuter - 80 words
-
297 1976-12-02 1 UPI BANGKOK. Wed. Less than twenty four hours before his first official visit to Singapore, the Thai Prime Minister, Mr. Thanin Kraivichlen, said he will ask other South east Asian nations to join Thailand In a military effort against communism if necessary.UPI - 297 words
-
Article137 1976-12-02 1 AP MILAN, Wed. Strong rumours swept Milan today, to the effect that Mr. Giovanni Agnelli, President of Flat, is to sell a large share of the giant car company to Iran. Sources at the Milan Stock Exchange said they expected Iran to purchase about 11AP - 137 words
-
326 1976-12-02 1 MASSIVE funds from overseas have been pouring into Singapore for the past five months. Some bankers rtckon the inflow in hundreds of millions of US dollars. This is one of the major causes of the highly liquid state of the local money market.326 words
-
653 1976-12-02 1 KEPPEL Shipyard Is believed to be about to issue a domestic corporate bond of $35 million, maturing in six or seven years. Although no terms have yet been finalised, the lead manager of the issue the Development Bank of Singapore is reported653 words
-
Page 1 Advertisements
-
Advertisement42 1976-12-02 1 Colour TV is simply great Overseas newt Features Local Co news International Co news P 5 Feature* P 2 Overseas stocks P 7 p 3 Commodities P 8 p Transport ft Communications P 9 P 6 Local A Overseas news Pl 242 words
-
Advertisement57 1976-12-02 1 CS-2154 12digitsPrinter with Memory Add Mode, Tabulation, floating decimals CS-4152 $730 14 digits, 1 memory, Display with print/non-print switch. Item counter. Right shift key. Constant and complex calculations. Sole Agents BOXY (STORE) PTE. ITU 483. Taoglm Halt Road. Singapore 3 Tel *****1 ROXY (MTSIA) SDN BHH Lot 16 Jaian 22357 words
-
Advertisement167 1976-12-02 1 II s WHISKY 100% SCOTCH WHISKIES blended and boßled in Scotland under Government Supervision Imported by Cold Storage DOCUMENT PROCESSING DIVISION ■> DT-1200 reliability ahead of its time We have all been waiting for it. Now it's here. The outstanding DT-1200 introduces a technological break-through into office copying machine reliability.167 words
-
-
OVERSEAS
-
Article, Illustration807 1976-12-02 2 HOME RULE FOR SCOTS BILL FIRST STEP IN UK BREAK-UP? AP LONDON, Wed. The Labour Government yesterday unveiled what Is billed as the greatest constitutional change in centuries, a measure of home rule for Scotland and Wales. Critics say it may be the first step in the break-up of theAP - 807 words
-
Article162 1976-12-02 2 Reuter CHICAGO, Wed. Fifteen top company executives have been sent to jail in connection with a multlmillion dollar prlce-flxlng conspiracy by the biggest US cardboard box-manu-facturing firms. They were among 47 executives who pleaded no contest to a Federal conspiracy indictment returned last February. Federal prosecutors sought imprisonmentReuter - 162 words
-
186 1976-12-02 2 UPI PLAINS, Wed.- Concerned with rising steel and aluminum prices, Presidentelect Jimmy Carter summoned 16 economic advisers, including five corporation executives, to a meeting today "for an update report" on the economy. Press secretary Jody Powell told reporters last night it was "very likely"UPI - 186 words
-
283 1976-12-02 2 AP PLAINS, Wed. US President-elect Jimmy Carter said yesterday the US Government has had a "fumbling" export promotion programme and called for an aggressive drive to boost farm exports to help the economy at home and build "good base for permanentAP - 283 words
-
Article315 1976-12-02 2 Reuter THE HAGUE. Wed. European Common Market leaders wait today for reaction from Arab oil producing countries after they dug In their heels yesterday on Third World demands for quick aid concessions. Prompted by West German Chancellor Helmut Schmidt, the EEC summit decided thatReuter - 315 words
-
438 1976-12-02 2 Reuter LONDON, Wed. The Soviet Union is engaged in a big drive to sell oil to Western Industrialised countries, and will almost certainly have to cut back planned deliveries to the communist world to do so, the magazine "Petroleum Economist" reported yesterday. TheReuter - 438 words
-
187 1976-12-02 2 Moaning over all these profits. UPI WASHINGTON. Wed. The largest oil companies have, on the average, doubled their profits since before the Arab oil embargo, the public interest group Energy Action said yesterday. The group, which compiled profit figures for the first nine months of 1976, said, "The net incomeUPI - 187 words
-
156 1976-12-02 2 UPI CHICAGO, Wed. A Federal energy official said yesterday the United States may have 500 million barrels of oil stored underground by 1982 to combat a possible new Arab oil embargo. Mr. Thomas Noel, the Federal Energy Admlnistration's (FEA) assistant administrator for theUPI - 156 words
-
264 1976-12-02 2 Reuter UPI MEXICO, CITY, Wed. Mr. Jose Lopez Portillo today took over the Mexican Presidency backed by a Cabinet of technocrats as troops and police stood guard over the capital after a series of bombings. A few hours before assuming the Presidency, the 56-year-oldReuter; UPI - 264 words
-
127 1976-12-02 2 UPI BEIRUT. Wed. A number of Lebanese banks in west Beirut slowly began to resume operations this week and depositors flocked back to accounts that had been frozen in some cases for over a year. However, many other banks including US institutions remained closed.UPI - 127 words
-
Article103 1976-12-02 2 Reuter REYKJAVIK, Wed. The Icelandic coastguard reported yesterday that British trawlers were beginning to leave the 320-km fishing zone around the island which is reserved for Icelandic fishermen from midnight tonight. Icelandic coast guard chief Petur Sigurdsson told Reuters yesterday only 15 British trawlers remained inReuter - 103 words
-
Article93 1976-12-02 2 Reuter PARIS, Wed. The French Government will try to cut unemployment, now over one million, on a seasonally adjusted basis, but not through a general reflation of the economy, Prime Minister Raymond Barre said. He told a businessman's meeting a general reflation would only worsen inflation andReuter - 93 words
-
-
Page 2 Advertisements
-
Advertisement415 1976-12-02 2 He is the new child in a new age. He needs Hie encyclopaedia for today. Britaimka 3. The child of today is more involved. jEES More aware. And must learn 50% more than a child 20 years ago. That's precisely why yesterday's reference works can't really satisfy his needs. He415 words
-
-
Page 2 Miscellaneous
-
Miscellaneous359 1976-12-02 2 md wt WEATHER report for 24 hours prior to 7.30 p.m. on Dec 1 at Singapore airport: Maximum temperature 31.0° C Associated humidity 67 Minimum temperature 23.6° C Associated humidity 97 Hours of sunshine 7.50 Rainfall in millimetres 3.6 Total rainfall for the month 3.6 Total rainy days for the359 words
-
-
Article, Illustration1951 1976-12-02 3 Kevin Rafferty and Business Times reporters in Kuala Lumpur look at the Sime boardroom tussle and analyse the issues behind the debate FINANCE Minister Tengku Razaleigh Hamzah has said that neither he nor the Government is involved in the struggle for control of Sime Darby.1,951 words
-
Article, Illustration1007 1976-12-02 3 CHAN BONG SOO - By CHAN BONG SOO NOVEMBER proved to be yet another bearish month at the Stock Exchange of Singapore, as the bulls continued to hibernate for want of inducements to return to the trading floor. Instead of the traditional year-end rally that everyone1,007 words
-
Article, Illustration993 1976-12-02 3 ALAN RIDING - By ALAN RIDING NYT JOSE Lopez Portillo, who began a six-year term as President of Mexico yesterday, will inherit an economic and political crisis that demands his immediate attention but has its roots in almost Insoluble social problems. The inauguration of Mr. Lopez Portillo will itselfNYT - 993 words
-
Page 3 Advertisements
-
Advertisement70 1976-12-02 3 Seagrams V.O.Canadian. Wefre something different, r* it Don't expect V.O to taste like Scotch. It isn't Scotch V.O. Canadian is a little smoother and lighter than what you usually order Once you order it, it |ust might become your usual c\ SeaaraflPO Another fme product brought to you by: food70 words
-
Advertisement208 1976-12-02 3 1. BANK OF AMERICA 2. CITIBANK 3. CHASE MANHATTAN 4. MANUFACTURERS HANOVER 5. CHEMICAL 6. MORGAN GUARANTY 7. CONTINENTAL ILLINOIS 8. BANKERS TRUST 9. FIRST NATIONAL, CHICAGO 10. SECURITY PACIFIC 11 WELLS FARGO 12. 13. CROCKER NATIONAL 14. UNITED CALIFORNIA 15. IRVING TRUST 16. MELLON 17. FIRST NATIONAL, BOSTON 18.208 words
-
-
COMPANY NEWS
-
420 1976-12-02 4 SLIGHTLY more than one third of the massive net group loss of $7.24 million suffered by Sim Llm Investments In the year ended March 31, 1976, was due to the adverse performance of wholly-owned subsidiary Sim Llm Co (Pte) Ltd. The subsidiary suffered420 words
-
Article90 1976-12-02 4 FUSAN Fishing Net Manufacturing has disclosed thai group sales amounted to M 53.17 million for the first six months ended June 30, 1976. Sales of the parent company came to $2.86 million compared with $2.32 million. Despite the higher sales, the company incurred an interim pre-tax loss90 words
-
Article358 1976-12-02 4 Current Ex Date Total for Total for payment Date payable the year previous year Glenealy 5% Nov. 17 Dec 4 5% 5%a Parit Perak 10% Nov. 17 Dec. 6 20% 20% "Talam Mine* 10% Nov. 18 Dec. 9 10%+ 15% Riverview 7% Nov. 23 Dec. 10 13%a 8.75%a358 words
-
Article, Illustration855 1976-12-02 4 MALAYAN BANKING WHENEVER the share price of Malayan Banking takes an upward move, rumours begin anew In the market of an imminent scrip issue. Is there any Justification for this rumour? Apparently It Is based on three factors: the high net earnings855 words
-
Article185 1976-12-02 4 A MALAYSIAN. Mr Joseph Manickavasagam. has been appointed Divisional Director of Personnel for Stme Darby's Malaysian region. Mr Manlckavasagam. who was General Manager, Manpower Division of Tractors Malaysia Berhad. will oversee the personnel function of more than 25,000 people in plantations, six wholly owned subsidiaries, seven Joint185 words
-
334 1976-12-02 4 INTERNATIONAL Wood Products expects to wipe off its huge accumulated deficit of $3.58 million by the end of the current year ending Feb 28, 1977. For at half-time, this accumulated loss which amounted to 42.6 per cent of the paid-up capital of334 words
-
COMPANY MEETINGS
-
20 1976-12-02 4 THE following company meetings are due: Dec 0, 11 a.m., Registered Office, 73 Beach Street, Penan*.20 words
-
Article13 1976-12-02 4 Dec 11, 6th Floor, Clifford Centre, Raffles Place, Singapore 1.13 words
-
14 1976-12-02 4 Dec 9,10 a.m., Registered Office, 31 Shipyard Road, Singapore 22.14 words
-
Article19 1976-12-02 4 Dec 18,12 noon, Conference Room of Ooontlng it Crew, No. 7 Jalan Raja Abdullah, Kuala Lumpur.19 words
-
18 1976-12-02 4 Dec 18, 0 a.m., Registered Office, 13th Floor, UIC Building Shenton Way, Singapore 118 words
-
17 1976-12-02 4 William Jacks Company (Malaya) Bbd.: Dec 18, 12 noon, Registered Office, Jalan 13/14 (Jalan Bersatu), Petallng Jaya.17 words
-
Article14 1976-12-02 4 Dec 20, 12 noon, 72-A, Jalan Tampol, Johore Bahru, Johore.14 words
-
-
518 1976-12-02 4 A REQUEST to Slme Darby Holdings from the Stock Exchange of Singapore to confirm that it will comply strictly with the listing requirements In future passed without comment from the company recently. The SES notes in a letter on Nov 4 that the518 words
-
671 1976-12-02 4 KUALA Sidim Rubber's proposal to purchase Selugra Palm Oil Factory in exchange for shares and then resell it to subsidiary Selangor Coconuts Just scraped through on a poll count at the extraordinary general meeting in Kuala Lumpur. This means thatSelugra's owner, Barlow Boustead671 words
-
Article101 1976-12-02 4 LIEN Hoe has declared a maintained interim dividend of eight per cent for the year ending Dec 31,1976, payable on Jan 18, 1977 to shareholders on the register on Jan 8. Books will be closed from Jan 8 to 15 Inclusive. Recently, Lien Hoe reported a101 words
-
Article127 1976-12-02 4 KANEBO Malaysia Spinning Mills Sendlrlan Berhad plans to expand to the manufacture of acrylic knitted fabrics and garments carrying the "Made in Malaysia" label for export. At present, the MslB million factory In the Pral free trade zone is only manufacturing raw white acrylic yarn127 words
-
Article34 1976-12-02 4 INTEREST on National Iron and Steel Mills' $24 million seven per cent convertible unsecured loan stock for the half-year ending Dec 31, 1976 will be paid on Jan 1, 1977.34 words
-
-
Page 4 Advertisements
-
Advertisement113 1976-12-02 4 Keep in touch with business developments in Singapore wherever you are in the world Subscribe now to Business Hmes BUSINESS TIMES Singapore's Financial Daily Subscription Rates (in Singapore currency) Surface mail Zone Singapore Malaysia. Brunei Overseas Second class airmail (Individually wrapped and mailed) Zone Brunei, Sarawak. Sabah Australasia/Pacific (excluding Hawaii)113 words
-
-
INTERNATIONAL COMPANY NEWS
-
Article137 1976-12-02 5 Reuter LONDON, Wed. Energy secretary Dickson Mabon told Parliament In a written reply that British National Oil Corp plans to sign a definitive participation agreement within 120 days to cover the block 2/5 interests, including the Heather field, of the Union North Sea group. TheReuter - 137 words
-
Article121 1976-12-02 5 ENGLEWOOD CLIFFS, N.J., Wed. Volkswagen of America, a unit of Volkswagen werk AG of West Germany, said it is raising 1977 Audi prices an average of 3.3 per cent and Porsche prices on two models 7.6 per cent and four per cent. The company said the 1977 Audi Fox121 words
-
Article99 1976-12-02 5 LONDON, Wed. Pre-tax profit at Rothmans International rose to £29.15 million from £20.2 million on turnover up to £754.76 million from £556.93 million for the first six months ended Sept 30, 1976. Net profit attributable to the company was £9.26 million compared with £7.77 million previously. Rothmans has raised99 words
-
Article477 1976-12-02 5 NYT NEW YORK, Wed. E.I. Dupont De Nemours Is increasing the price of the man-made fibres it produces by as much as 10 per cent, effective Jan 1. It was the third announcement this week of a price increase for a major Industrial productNYT - 477 words
-
Article446 1976-12-02 5 NYT NEW YORK. Wed. Lawyers for New York City's banks and employee pension funds have raised a new, US$Bl9 million problem for municipal officials who are still trying to put together $1 billion to pay off holders of shortterm notes because of theNYT - 446 words
-
Article1406 1976-12-02 5 MICHAEL LAFFERTY - THE COB IN PARIS By MICHAEL LAFFERTY FT THE British Government has decided not to establish a Securities and Exchange Commission for the time being, but the arguments for and against more statutory regulation of the City and Its institutions will go on regardless. The comparison, inFT - 1,406 words
-
Article233 1976-12-02 5 Reuter LONDON, Wed. For the year ended Sept 30, 1976, pre-tax profit at International Computers (Holdings) Ltd rose by 42.6 per cent to £23.07 million from £16.18 million. And It has resumed its dividend of 11.25p either all in one year or In stages. The company saidReuter - 233 words
-
Article66 1976-12-02 5 Reuter LONDON, Wed. The amount of the US dollar Eurobond being arranged for the Canadian company Polysar is expected to be raised to between $40 million and $50 million from the 525 million originally planned, reflecting heavy oversubscription, bond market sources said. Pricing of the 10-year bond, whichReuter - 66 words
-
Article132 1976-12-02 5 LONDON, Wed. Swan Hunter Group has enjoyed a 60 per cent jump in pre-tax profit to £3.76 million from £2.35 million for the first half-year ended June 30, 1976. The profit increase came on the back of a rise of only 6.1 per cent In turnover to132 words
-
Article129 1976-12-02 5 TOKYO, Wed. The current year Is turning out to be a good one for most Japanese banks, if the interim results announced by some over the past few days are any indication. Three banks reporting interim results have shown profit increases of around 20 per cent. Among129 words
-
Article94 1976-12-02 5 Reuter MELBOURNE, Wed. Conzlnc Riotlnto of Australia said its 50 US cents a share offer for the 31.27 million Australian Mining and Smelting (AM and S) shares it did not already hold is now unconditional. CRA said it received acceptances for 29.56 million or 94.5 per centReuter - 94 words
-
736 1976-12-02 5 FT JOHANNESBURG, Wed. The two million tons per year South African sugar industry has relied on profitable export sales to subsidise the domestic market at well below the cost of local production. But during 1976 the industry has fast been approcahlng crisis point becauseFT - 736 words
-
-
Page 5 Advertisements
-
Advertisement469 1976-12-02 5 0* I *.i it! V 3 *S4t L <*i' x K 'V" J a 1 m v fc if* ,1 fe-V j.>sH INS P# T .v»5S»r. i llMli I "Bo jMTf -LJS The Straits Times Annual Stops and Stares Where Others Hurry 8y... Where else but In the Straits Times469 words
-
-
Article1866 1976-12-02 6 SECTION ONE INDUSTRIALS irrt HiCk Low Cempaay Last Sale ♦crGr't div Div c'rr Gr'i y'M Nat P/E Vol Day High Low 290 206 100 237 186 402 204 248 460 137 170 172 60 185 66 254 149 172 394 39 Acma Alcorn Allied Choc Bata Ben1,866 words
-
Article524 1976-12-02 6 SHARES finished (morally shade higher ia light and •elective trading at the Stock Exchange of Singapore yesterday. The opnaing market was barely steady with speculators aad iavestors still preferring to stay oa the sidelines. At beet there were only a few buyers nibbling at the lower-priced524 words
-
Article1081 1976-12-02 6 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1000 units unless otherwise specified. All Time Settlement Contracts are Suoted after the word "Bett." lg Board1,081 words
-
Article137 1976-12-02 6 SINGAPORE UNIT TRUST (Manager*' price* for Dec 3) INCOME BOND UNIT (Current prices) INCOME BOND 1.07 1.13 The Saving Fund 0.92 0.97 S'pore Prog. Fund 0.76 0.81 8'pore Security Fund 1.24 1.31 S'pore Invest Fund ...0.90 1.04 ASIA UNIT TRUST (Mutagen* prices for Dec 2) Mai Invest Fund137 words
-
Article135 1976-12-02 6 B O T 8 1/2% 1981 (100.000) (102*B 102*8) D B S 8 1/2% 1982 (100,000) (99*8 100*8) DBS Convert! 6 1/2% 1991 (100,000) (96*8 97HS) E I B 9% 1982 (100,000) (102 *B 102*S) E I B 8 1/4% 1983 (100.000) (99*8 99SS) I B J135 words
-
Article126 1976-12-02 6 5 1/2% 1/12/77 (1,000,000) (101 668 101.765) 5 1/2% 15/4/78 (1,000,000) (101.738 101.808) 5 1/4% 15/7/78 (1,000,000) (101 408 101.455 X 1)101.43 6 1/2% 15/8/78 (1,000,000) (103.508 103.585) 7% 1/7/79 (1,000.000) (104.788 104.855) 5 1/4% 15/10/79 (1.000.000 X 2)100.75 6 3/4% 15/6/80 (1,000,000) (103 008 103.1Q5) 6126 words
-
Article57 1976-12-02 6 MOST ACTIVE NOVEMBER STOCKS: Haw Par (6,067,000); Sime Darby (5,304,000); Central Sugars (3,256,000); United Overseas Land (2,900,000); Unljted Overseas Bank (2,270,000); Inchcape (1,912,000); Pan Electric (1,278,000); United Overseas Bank Rights (1,058,000); Development Bank of Singapore (871,000); Malayan Credit (771,000); 0.C.8.C. (720,000); Harimau Investment (633,000); Malayan Banking (314,000);57 words
-
Article42 1976-12-02 6 NOVEMBER turnover (in '000) on Stock Exchange of Singapore Units Value Industrials: 23,911 $44,161 Finance: 5.661 $19,462 Hotels: 427 $825 Properties: 4,229 $4,739 Loans: 590 $565 Oil Palms: 141 $241 Tins: 30 $99 Rubbers: 259 $472 G. Total: 35,248 $70,56442 words
-
LATEST RESULTS
-
Article108 1976-12-02 6 CYCLE AND CARRIAGE Group pre-tax profit of $24.01 million ($19.27 million) after depreciation of $1.86 million ($1.86 million) for the year ended Sept 30, 1976. Taxation accounted for $11.26 million ($9.88 million) leaving after-tax profit of $12.75 million ($9.40 million). Net profit came to $11.07 million ($9.98108 words
-
Article74 1976-12-02 6 RENONG TIN DREDGING Pre-tax profit £65,855 (£120,767) for the year ended June 30, 1976. Taxation accounted for £22,280 (£42,337) leaving after-tax profit of £43,575 (C 78.430). Net profit came to £164,281 (£190,694) after adding exchange gain of £120,706 (exchange gain of £86,274 and surplus from sale of74 words
-
-
Page 6 Advertisements
-
Advertisement121 1976-12-02 6 TOAGOOD START fMOI With FfDfMl PUBUWIOHS r HOW SWDIfS 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 Act immediately for examination success write in for a free prospectus.121 words
-
-
Article1190 1976-12-02 7 NEW YORK Profit-taking And concern* about the effects of Price Increases by steel and aluminium makers pushed in slow trading on Analysts also said many ln!T ,to r preferred to remain on the sidelines awaiting release on Wednesday of US leading economic indicators for October. Also weighing on1,190 words
-
Article252 1976-12-02 7 AMSTERDAM: Shares generally weakened on Tuesday, with Akzo and Royal Dutch leading declines In Dutch Internationals, dealers said. Losses elsewhere were led by eGimmtm, RSV and Bole. Major ns against the trend were va, Van Oaatna, ftll—hm f and Amfas. Bergees recouped a small part of previous steep declines.252 words
-
Article324 1976-12-02 7 FRANKFURT: Most shares were lower on Tuesday In a technical reaction to Monday's gains and on operator proflttaking, market sources said. Neckcrmann shares, requoted on Tuesday after Monday's announcement of the terms of the Karstadt/ Neckermann takeover, closed at 40.50 marks which was 29 marks below the Nov 22324 words
-
Article163 1976-12-02 7 MILAN: Stocks tended Irregularly lower In quieter dealing* on Tuesday, Bourse sources said. The sharp rise In October wholesale prices and the Increase In strike losses, coupled with the day s nationwide strike In industry, helped dampen sentiment. Moat industrial and financial leaders fell. Flat was a firm spot163 words
-
Article162 1976-12-02 7 BRUSSELS: The market turned lower on Tuesday under profittaking and the fall on Wall Btreet, but trading was quiet and price movements slight, dealers said. S?**! Mam* the trend, while falls Included HainautSamhre, Wagons-LIU, GB-Inno-y C mt nd UK Issues were lower were changed. Germans roee, US and rrench162 words
-
Article290 1976-12-02 7 ZURICH: The market edged lower on Tuesday following decline of Wall Street and profit-taking after the previous day's strong advance, dealers said. Major banks eased, flnanclals lost ground with Bally Bearer and Registered and Interfood Bearer falling on some selling pressure, and Insurances closed resistant. Leading industrials fluctuated narrowly290 words
-
Article254 1976-12-02 7 TORONTO: The gold Index gained almost 12 points but other Toronto market closed wtth losses of more than a point each. Declines led advances by more than two to one In light trading. Among golds, Dnm Miaee to 45 and Caalb roee Simpson's, the most active Industrial, climbed to254 words
-
Article256 1976-12-02 7 NOV M Fr» CORBEILLE kjssu a,M D*none «M -12 C 8 F (ThomaonC*'* 144 -1 CleFrancaiae des Petrolet 93 -1 Citroen SA 38 4-0 1 Compagnie Flnanclere Compagnie Generate 248 -5 Credit Fancier De France 281 -4 H ache tie (Ubralrte) 141.10 -3.5 Machines Bull 24.90 -0 2 Mtchelln(B)256 words
-
Article414 1976-12-02 7 JOHANNESBURG: Oold shares were very steady in quiet trade towards the close as overseas bullion Indications moved sjUflitly off the bottom, dealers Financial minings were unchanged to fractionally stronger. Elsewhere, Ds Bests maintained an early rise of one cent to 313. Coppers and platinums were unchsnged in sporadic trading,414 words
-
Article107 1976-12-02 7 MANILA: The market eased Across the board In very thin turnover on Wednesday, with minings especially quiet, dealers said. DEC M Peso* 47Acojc Mining .0145 Allai Con A 29 00 -0 25 Atlaj Con B 29.29 -0 i Bagulo Oold 012S unch BF Goodrich CDCP IncoB Lfptnlo B 08107 words
-
Article406 1976-12-02 7 record* on Monday following the devaluation or the Australian dollar were virtually erased, dealers said. The Sydney All-ordinaries feU 10.91 points to don at 407.91. Most overseas Institutional buyers were sidelined, they said. ftHP feU 18 cents to 96.M and 1U rights 22 ctnU to 92.39 while WeedsMe Bmrmak,406 words
-
Article70 1976-12-02 7 AJtoFlbr* Bangkok Bank Ill 131 1418 Tf" unch polltan Bank Bala 358 vinch BertlJucker 155 ♦i CharoongThal Wire Ml ♦a Dualt Thanl raber Merlin nm Trust Indo-Thai J And J Ho 157 -23 Jaiaprathan Cement 14 ♦I Karnaauta LeeKvangMln Metal Box 4 80 unch Rama To wen Saiia Union70 words
-
Article458 1976-12-02 7 mixe(i r^ith rhe market dosed wifh^ *n ewy undertone, with export-oriented shares losconstruction* dealeri said. i w J °nes average lost 1 *2 to close at 4,304.78 with vo u n of 240 million shares. 5f T Index closed at 345.85, up 0.16. Many stuuvs opened higher on Ely458 words
-
Article1204 1976-12-02 7 On November 30 PRICES were mostly lower on the Chicago Board Options Exchange on Tuesday. Declines led advances 368 to 113 and volume approximated 65,562 contracts, off from 66,830 on Monday. OPTION JAN APL JLY 8TOC Alcoa 49 UNTRD NOL NOL S3 1/ Alcoa SO 4 3/81,204 words
-
Article357 1976-12-02 7 HONQKONO: The market eased In quiet trading on Wednesday following the decline on overseas market*, on some profit taking after Monday's large gain and month-end window dressing in the last two days, dealers said. The Hang Seng index fell 2.52 points to clow at 396.25. Hongkong Bank fell 20357 words
-
Article87 1976-12-02 7 FINANCIAL TIMES INDUSTRIALS Tuesday 297 0 Monday 302 4 Week ago 300 3 TINS Tuesday Monday 114 93 Week ago 115 06 RUBBERS Tuesday Monday Week ago 493 28 OILS Tuesday Monday 391 14 Week a*o mn an DOW JONES AVERAGE INDUSTRIALS Tuesday 947.22 Monday 990 06 Week aco87 words
-
Page 7 Advertisements
-
Advertisement97 1976-12-02 7 CCTIIQE a BRIGHTER FUTURE in ACCOUNTANCY with FOULKS 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 Accountants97 words
-
-
COMMODITY REPORTS AND PRICES
-
Article503 1976-12-02 8 AFTER opening marginally lower on London advices, the Singapore rubber market yesterday ruled Inactive throughout the session due to the closure of the Malaysian market for the Harl Raya Hajl holiday and a general lack of overseas orders. Turnover was poor. The morning session closed Inactive with Dec503 words
-
Article62 1976-12-02 8 DAILY SSR and SMR prices at noon yesterday Dec. K. VS. (Current Mth) Buyer* Sellers (cent* per k«) Jan. (Forward Mtfc) Buyers Seller* (cent* per kg) SSR 20 (1-ton Pallet) 188.00 190 00N SSR SO (1-ton Pallet) 185.50 187 50N 189.00 191.00N 188 50 188 50N M62 words
-
Article130 1976-12-02 8 THE following Palm Oil prices were quoted In London on Tuesday The prices are elf Rotterdam and are quoted In US dollar per long ton unless otherwise stated. Malaysia 5% ffa bulk Dec Jan Feb Sumatra 5* Nov Dec Jan Feb Mar Apr Negerian 5% ffa bulk Sterling130 words
-
Article216 1976-12-02 8 THE Straits tin market yesterday was closed as a result of the Harl Raya Hajl holiday in Malaysia. In .LONDON yesterday, tin eased by around £72 for Cash and £66 for Three Months. Sentiment was undermined at the outset by the trend in copper, dealers said. The firmer216 words
-
Article15 1976-12-02 8 Rubber:' Dec I Singapore: Dec. 200.75 (down 1.50 cU.) Malaysia: Closed. Tin: Closed15 words
-
Article20 1976-12-02 8 Nov Oct Tin: $1,220,486 $1,195,730 Rubber (S): 206.261 205.483 Rubber (M): 212.454 210.812 per picul cents per kilo20 words
-
Article92 1976-12-02 8 LONDON, Wed. Lead lost £4 per tonne for Cash and £4.25 for Three Months. A softer tone emerged as light long liquidation developed following the downturn in copper. Three Months traded from £288 to £286 In the pre market but some shortcoverlng was evident In the ring where up92 words
-
Article47 1976-12-02 8 LONDON, Wed. Zinc eased by £3 per tonne for Cash and fully £3.25 for Three Months. Values followed the general trend with liquida- tion and hedge selling taking Three Months down to £381 per tonne during routine ring dealings. Sales of 3375 tonnes were mainly carries.47 words
-
Article290 1976-12-02 8 CHINESE PRODUCE EXCHANGE. SINGAPORE NOON CLOSING PRICES PER PICUL YESTERDAY. Cocoaut Oil: Bulk 177 V, sellers, old drum $82W sellers, new drum $87* sellers. Copra: Mixed (loose) UK/Cont. $47 Vi buyers. Pepper: Muntok ASTA white f o b. 100% NLW $315 sellers. Sarawak white f ob 96% NLW290 words
-
Article343 1976-12-02 8 AFTER New York's higher close, the Singapore gold market yesterday opened at US $131.50 per ounce and remained quietly steady there for most of the day before easing Just before the close to finish at $131.00. The kilo bar remained neglected. The London morning fixing was U*****.50, up $0.25343 words
-
Article344 1976-12-02 8 LONDON, Wed. Copper wlrebars recorded lossess of 121.50 per tonne for Cash and £22.50 for Three Months. The market fell away under stale bull liquidation following the overnight announcement by Asarco of a five cent per lb price reduction and the firmer trend in sterling this morning, dealers said.344 words
-
Article332 1976-12-02 8 LONDON. Wed. Robusta futures ended the opening call hesitant, £7 lower to £10 higher from Tuesday's close with 180 lots traded. During the session values fluctuated with May initially £15 lower at £2,365 but by end call had recovered to trade at £2,380. Dealers said the hesitancy was contrary332 words
-
Article110 1976-12-02 8 CHICAGO, Tues. Wheat futures closed with gains of three to 1-3/4 cents a bushel. After an early decline on speculative selling prompted by heavier than expected deliveries this morning, selling pressure eased and buying interest picked up on commercial support. Underlying support was provided by crop reports showing deterioration110 words
-
Article129 1976-12-02 8 CHICAGO, Tues. Soybean futures finished with gains of lft to 5V4 cents a bushel. After easing early on speculative selling on expected weaknesses in products and grains, prices turned upward as buying improved' when selling eased. Commercial buying provided support, especially late in the session. The NSPA reported a129 words
-
Article199 1976-12-02 8 LONDON, Wed. Silver closed with losses of 4.8 to 5.2 pence per troy ounce. The overnight decline at New York, a firmer tone in sterling and the easier trend In base metals combined to dampen sentiment, dealers said. Prices declined throughout the morning until the later stages when the199 words
-
Article236 1976-12-02 8 LONDON, Wed. Terminal opened barely steady with speculative selling and long liquidation meeting scale down buying and shortcovering At the end of the opening call values were £2.20 to £0.75 down. Sales totalled 735 lots. Unconfirmed reported in actuals said that the Dominican Republic had fixed a four year236 words
-
Article224 1976-12-02 8 BANOKOK, Wed Indicative prices for rice quoted yesterday were: US dollars per tonne FOB basis Bangkok White Rice: 100 per cent Ist class 290. 100 per cents 2nd class 275. 100 per cent 3rd class 270. 5 per cent 258. 10 per cent 237, 15 per cent 234. 20224 words
-
-
MONEY AND EXCHANGES
-
Article543 1976-12-02 8 SPECTACULAR movements in yesterday's interbank market were recorded at the local money counter when overnight rates hit a celling of nine per cent during last post clearing hours, from the two to three per cent levels which characterised local overnight funds in recent weeks. Overnight funds opened yesterday at543 words
-
Article139 1976-12-02 8 Asian rate ASIAN currency deposit interbank rates as at close on Dec. 1 US Dollar* (Spot) Offer Bid 7d»ys 1 mth 2 mths 3 mths 6 mths mths 12 mths 8w. m. 4 13/18 45/a 4 7/* 5 1/18 55/16 51/2 55/8 Dm. 1 mth 3 mths mths 12 mths139 words
-
Article50 1976-12-02 8 RANGE of price* houses on Dec. 1 Overnight 3* Call deposit 3* offered by dlacount ClMfe Buy M1N 3-MonUi Treasurer bills 3-Month Bank bills 3-Month CD •-Month CD 3 i/ie 3 11/16 3 13/16 4 7/16 2 15/16 3 9/16 3 11/16 4 5/16 Source: National Discounts Co50 words
-
Article113 1976-12-02 8 Euro rates LONDON, Wed. Near period Eurodollar deposits opened lower reflecting the Friday dealings technicality, while longer positions and shorts were unchanged, dealers said. Trading was very quiet apart from initial taking by Singapore and Hongkong in Che popular three and six months with some Paris interest also noted. Rollovers113 words
-
Article373 1976-12-02 8 LONDON. Wed. Sterling held gains of nearly half a cent made In North America and the Far East on Tuesday, trading at an early U551.6570/ 75 on low turnover in Europe, dealers said. The Canadian dollar traded at an early 96.35/ 40 US cents, a little below the North373 words
-
Article107 1976-12-02 8 NEW YORK, Tues. The Canadian dollar closed sharply lower here after trading volume set another record on the Canadian market, dealers said. The Canadian dollar was indicated here in early trading at 95.70/80 cents its lowest level since 1970. Forward discounts continued to rise with six months at107 words
-
Article118 1976-12-02 8 HONGKONG, Wed. The US dollar gained further in afternoon trading to reach HK54.7770/7800 compared with $4.7680/7710 around noon and Tuesday's close of $4.7450/ 7470, dealers said. Some dealers said there appeared to be market resistance to seeing the US unit go lower than $4.7450/7500 and every time it has118 words
-
Article86 1976-12-02 8 TOKYO, Wed. The Bank of Japan sold nearly US$lOO million to support the yen and offset overseas criticism that the Japanese currency was undervalued to boost exports, banking sources said. The US dollar for overnight delivery closed firmer in brisk trading at 296.80 compared with 297.00 at the opening86 words
-
Article43 1976-12-02 8 THE Monetary Authority of Singapore (MAS) invites banks and discount houses to tender for a total of: (a) $30 million 91-day Treasury bills to be issued from Dec 6 to Dec 10. Each Tender must not be less than $250,000.43 words
-
Article59 1976-12-02 8 Minimum lending rates (in ACBC 6% First Chicago 6 V Algemene Bank 6* Citibank 6^ Bangkok Bank .7% HSBC 7 Bank of America 6*. Indosuez 6*» Bank of China .7% Malayan Bankings^ Bank of Tokyo 8*4 Mitsui Bank 6*« Bank Negara ocbc Indonesia 7'« OUB 6% Chartered Bank 6*. UCB59 words
-
Article52 1976-12-02 8 AUSTRALIA/NZ exchanges quoted on Dec. 1 Australia: Sterling 0.6149/ 0.6078 US dollar 1.0135/1.0087 Ninety day air mail buying rates: Sterling 0.6454 US dollars 1.0370 Ninety day forward buying rates: Sterling 0.6329 US dollars 1.0150 New Zealand Sterling 0.5479/0.5449 US dollar 0.9099/ 0.8999 Ninety day forward rate: Sterling 0.5905/ US52 words
-
Article40 1976-12-02 8 ZURICH exchange closing quotes on Nov 30. US 2.4439-4446 UK 4.0395-0430 Can 2.5505-3525 W.Germ 101.56-63 Neth 97.34-42 France 48.90-93 Belg 6.62-1/2-63-1/4 Denm 41.5256 Norw 46.61-64 Swed 58.31-35 Italy 0.2822-2825 Austria 14.30-32 Port 7.69-72 Spain 3.57-1/4-58 Arg 0.85-1.15. Japan 0.82-1/4/82-3/440 words
-
Article41 1976-12-02 8 FRANKFURT exchanges quoted on Dec 1. US 2.4060/ 75 Can 2 30 Uk 3 1 "0 Neth 95.80/ 1.5 Switv 98.32/ 47 Italy 2.Tlr>' 790 France 48.12' 27 Norw "\°l' Beig com 6.535/550 Belg iai 0.j0.' 5*15 Japan 0.8107/ 2441 words
-
Article292 1976-12-02 8 LONDON, Wed. Eurobonds were generally steady in quiet to moderate turnover, dealers said. US dollar issues were quietly steady but Canadian borrowers were marked down by up to Vi point in some selling. The long term credit Bank of Japan floating note issue which was increased to $30292 words
-
-
Page 8 Advertisements
-
Advertisement442 1976-12-02 8 >u have only one face make the best of it Advice from Business Times. i If your corporate face isn't as good as it could be Business Times can help change it for the better. Few people place their trust in a total stranger. This has to be one of442 words
-
-
TRANSPORT AND COMMUNICATIONS
-
Article, Illustration1369 1976-12-02 9 CHARLES CHAN - By CHARLES CHAN THE Malaysian Shipyard and Engineering complex in Pasir pudang, Johore, an Imaginative project which aims to launch Malaysia's entry into the field of heavy Industries, will be opened on Saturday by Datuk Hussein Onn. And when the Prime Minister is shown round1,369 words
-
Article, Illustration355 1976-12-02 9 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Blue Shark (0530 hauls 5m East) 25 Brtanskl Rabotchl (0600 after Ovanes Tumanyan) 35/36 King Sun (0600 after Joan D'Arc) 22 King Tower (0600 after Sea Brave) 39 Korean Mall (after Margrethe Maersk) 47 Kota Mac han (0700 after Blue Shark hauls) 27355 words
-
Article241 1976-12-02 9 AP BEIRUT, Wed. The Arab Maritime Petroleum Transport Company has urged Arab shareholding governments to ship at least 10 per cent of their crude oil In Its tankers, an oil Journal reported on Monday. The company Is sponsored by the Organisation of Arab PetroleumAP - 241 words
-
Article232 1976-12-02 9 AP LONDON, Wed. Sugar came to the forefront of what remained a dull freight market yesterday with grain trading showing no sign of recovery. Reported fixing was too slight to provide any definite Indication of tone, but the slow pace of business is unlikely to stemAP - 232 words
-
297 1976-12-02 9 KUALA LUMPUR. Wed. Haulage of freights by rail has increased nearly three fold during the past ten months this year compared with the whole of last year. But revenue has only registered a 26 per cent increase over previous year's earnings. The297 words
-
Article43 1976-12-02 9 Reuter TOKYO, Wed. Two Panamanian freighters collided In Tokyo Bay near Yokohama Port today, but there were no casulaties, the Maritime Safety Agency reported. The agency said the 10,108-tonne, freighter Royal Sapphire, however, differed damage on its port *H®-. Reuter.Reuter - 43 words
-
Article508 1976-12-02 9 ARRIVALS Service Operator Number Local Time From SAS SIA CPA SK988 SQ211 CX710 0700 1010 1030 HLP HLP HLP OIA OIA PAL GA980 GA908 PR501 1030 1100 1115 HLP MES MNL SIA SIA OIA SQ201 SQ240 OA895 1200 1205 1215 HLP MES AMS/FRA/FCO/ BOM/BKK THAI OIA OIA508 words
-
Article177 1976-12-02 9 AP WASHINGTON, Wed. The Federal Aviation Administration moved up Its deadline on Monday for airlines operating wide-body airplanes to strengthen their floors. The agency had given the airlines until Dec 31, 1978. Administrator John McLucas said airlines flying McDonnell-Douglas DCIOS now have until Dec 31, 1977, to strengthenAP - 177 words
-
-
Page 9 Advertisements
-
Advertisement264 1976-12-02 9 We Help feu To Mind Hbur Own Business industry The Republic's foremost Business Review The regular review of Singapore's business scene, compiled for easy reference by executives. Noted commentators and experts present facts and figures with opinion-forming discussion of topical features. SINGAPORE TRADE INDUSTRY brings a balanced understanding of the264 words
-
-
Article, Illustration1132 1976-12-02 10 DAVID LASCELLES - The Russians are developing Siberia as a matter of the highest priority. Out of every three roubles that Moscow is spending this year, one goes to Siberia. Which means plenty of work opportunities though conditions are not exactly perfect DAVID LASCELLES REPORTS FROMFinancial Times - 1,132 words
-
Article, Illustration767 1976-12-02 10 DAVID HAWORTH - By DAVID HAWORTH OFNS A TRADE union document accuses Western European governments of falling to draw on great reserves of women workers and overexploiting those women who have found employment. The European Trade Union Confederation (ETUC) report represents 15 countries, including each EEC (Common Market) member,OFNS - 767 words
-
Article421 1976-12-02 10 MANUEL PANTIN - By MANUEL PANTIN Reuter PARAGUAY and Brazil, once bitter enemies, are taking part In the most ambitious project In the history of Latin American cooperation. Two years ago, they began building a giant hydro-elec-trlc dam which, when completed, In the mid-1980s, will have the biggestReuter - 421 words
-
Page 10 Advertisements
-
Advertisement399 1976-12-02 10 APPOINTMENTS i > j A rapidly progressing multi-national corporation engoged in the production of mechanical cum electrical equipment invites applications for the positions below Since its inception three years ago the corporation's workforce has grown to 600 and is expected to continue growing to a size of 1,000 employees. (1)399 words
-
Advertisement247 1976-12-02 10 NOTICES @)PUB TENDER NOTICE CORPORATE SERVICES DEPARTMENT (Ist Floor, City Hall, Singapore 6) (1) Construction Completion of Office and Store at Kranjl Dam Site for the Public Utilities Board. Singapore. Tender deposit $500/-. Close at 2.15 pm on 16.12.76. P.S. A site showround will be conducted on 13.12.76 and Contractors247 words
-
-
Page 11 Advertisements
-
Advertisement469 1976-12-02 11 Important reading for all businessmen m 1 i i *0 il f f t i i i *%i hm \ll fut ipt*ritriK 10 H m***m ■I JJjJ wms m Business Times is specially aimed at Singapore businessmen. Use the pages of Business Times as your salesmen when you want to469 words
-
-
255 1976-12-02 12 UPI MANILA, Wed. President Ferdinand Marcos today approved a series of measures designed to ease the effects of a sharp fall in world sugar prices on the Philippine sugar industry. During a meeting with the national economic development authority, Mr. Marcos approvedUPI - 255 words
-
Article247 1976-12-02 12 KUALA LUMPUR, Wed. Agriculture Minister Datuk All Hajl Ahmad Is to review the position on the export of fish to Singapore at a meeting with officials of his ministry here next week. He said today that this is one of the items that will247 words
-
214 1976-12-02 12 Reuter TOKYO, Wed. Michiya Matsukawa, Vice Minister of Finance for International Affairs, denied Japan is artificially depressing the value of the yen, and said he cannot understand why US House of Representatives Banking Committee chairman Henry Reuss charged that it is. Asked to comment atReuter - 214 words
-
Article732 1976-12-02 12 LONDON, Wed. The stock market firmed today in response to the higher trend In sterling, but interest was small, dealers said At 3 p.m., the Financial Times index was up four points at 301.6. Government bonds rose up to point while equity leaders gained as much as 7p.732 words
-
154 1976-12-02 12 IF TANKERS, over 200,000 tonnes are restricted from using the Malacca Straita to reduce collision risks, Singapore's ship servicing and support Industries will be severely affected. Continued use of the Straits with better safety and antl-pollutlon measures, said the local shipping community,154 words
-
Article125 1976-12-02 12 ROBINSON'S, one of Singapore's oldest departmental stores, has started an easy payment scheme called "Option Account," a form of credit that has been popular in Europe and America for many years. The scheme allows an account holder to make purchases In most of the departments in125 words
-
125 1976-12-02 12 TENANTS of the 40 odd shops in Peninsula Shopping Complex have complained that they were not given priority when their premises were sold by management recently. So far, 33 lots have been sold of which 22 have been purchased by existing tenants. The total125 words
-
Article87 1976-12-02 12 THE Trio Group, which represents the containership interests of leading British, Japanese and German lines, has announced that it will use the Suez Canal for its Europe/Far East service next year. The first transit will be made on January 17. The "Tokyo Express'' will87 words
-
Article52 1976-12-02 12 MR. Ronald Waterhouse, QC, will represent Mr. Cho Jock Kim, who faces two charges of criminal breach of trust in relation to Far Eastern Hotels Development. A preliminary inquiry has been scheduled in a magistrate's court from Dec 6, but informed sources believe that the hearing may52 words
-
Article578 1976-12-02 12 $11.6 mil DEBTS SETTLED FINANCIALLY troubled Amcol Electrical Industries has been given a new lease of life under an agreement with several interested parties, it was revealed yesterday. The agreement Involves the settlement of debts totalling $11.6 million, the commitment of a further578 words
-
368 1976-12-02 12 KUALA LUMPUR, Wed. Malaysia had a record trade surplus of $1,341 million in the first six months of this year, according to Bank Negara's quarterly bulletin. The bulletin says the trade surplus for the second quarter is $776 million, the largest on368 words
-
409 1976-12-02 12 KUALA LUMPUR, Wed. Texas Pacific Oil Company is willing to carry out offshore oil and gas exploration in Malaysia with production-sharing modelled on the formula reached by the Government and two other companies yesterday. The company's president, Mr. Howard Hinson gave the pledge409 words
-
139 1976-12-02 12 Reuter THE HAGUE, Wed. British Prime Minister James Callaghan today said Britain would not agree to proposals which would cut Common Market subsidies on British food imports. "We shall not devalue the Green Pound", he told a press conference at the end of aReuter - 139 words
-
Article75 1976-12-02 12 Reuter JAKARTA, Wed. Indonesia's rice production this year fell 776,000 tonnes short of the target of 16,383,000 tonnes, Antara news agency reported today. Quoting Mr. Ibrahim Mangunatmaja, West Java secretary of the Agriculture Ministry, the agency said the deficit was due to the fact that many ricegrowingReuter - 75 words
-
123 1976-12-02 12 Reuter GENEVA, Wed. The US opposes the immediate setting up of a US$6 billion (Ssls billion) fund to finance international buffer stocks of some of the world's main commodities, informed sources said. US delegate Michael Boerner told an 88-natlon meeting which is preparingReuter - 123 words
-
Article314 1976-12-02 12 THE largest optical and precision engineering company in Switzerland has been quietly operating a Singapore subsidiary for the past five years, and successfully trained its work force to a technological level near that found in its domestic plants. Wild Singapore is a subsidiary of Wild Heerbrugg of314 words
-
Article80 1976-12-02 12 ABOUT 600 delegates from Japan, Taiwan, Hongkong, Brunei, Australia and the Asean countries will attend the 42nd Rotary International District 330 conference on Mar 18 20 next year. President B.H. Sheares will open the conference, hosted by the Rotary Club of SingaporeWest, at the Shangri-La Hotel.80 words
-
Article90 1976-12-02 12 INDONESIA'S port city of Sudrabaya Is to have a $147 million shopping and entertainment centre, with the People's Park group of Singapore providing the management and consultancy services. The Singapore team will also train the local staff there in shopping centre management techniques. When completed, the90 words
-
Article33 1976-12-02 12 UPI DACCA, Wed. China and Bangladesh yesterday initialled a two-year trade and payment agreement and a yearly trade protocol envisaging US$l4 million (Ss3s million) worth of trade each way. UPI.UPI - 33 words
-
877 1976-12-02 12 TAX reforms to aid the growth of Singapore's highly confined life assurance industry may become the subject of discussions between the life offices and the Government. Pressure for such reforms is mounting among leading figures in life assurance, who are877 words
-
Article171 1976-12-02 12 AP LONDON. Wed. Britain's poor are getting richer and the rich are getting poorer and that is official. The British trade union and Government aims of redistributing the wealth appears to be working, government statistics show. The government Central Statistical Office in a report titled,AP - 171 words
-
Page 12 Advertisements
-
Advertisement196 1976-12-02 12 I t m MONTHLY ECONOMIC REPORTS With monthly political luppWmtnt for UP-TO-DATE HANDY REFERENCE M m sai* r m di ASIA RESEARCH BULLETIN This unique publication offers businessmen each month a comprehensive guide to the latest developments that have takerv_ploce in all important sectors of the economies of countries in196 words
-