The Business Times, 9 December 1977
1977-12-09
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The Business Times
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Title Section10 1977-12-09 1 BUSINESS TIMES M.C.(P> 300/1/77 FRIDAY, DECEMBER 9, 1977 50 CENTS10 words
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NEWS IN BRIEF
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Article80 1977-12-09 1 Reuter -TOKYO, Thurs. Japan's first trade centre with a permanent display of Imported goods will open here next October In an effort to Increase sales and cut the country's massive trade surplus, it was announced today. The centre, In a 60-storey building nearlng completion, will also cover tourismReuter - 80 words
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Article60 1977-12-09 1 AFP. HONGKONG, Thurs The official opening of Hongkong's first property exchange will take place next tnonth, it was learned today. A spokesman for the exchange said today that it would start partial operations later this month with 40 brokers. Inquiries had been received from Europe and AustraliaAFP. - 60 words
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Article37 1977-12-09 1 LONDON, Thurs. The dollar recovered slightly on the European foreign exchanges today and dealers reported a growing feeling that it had been unjustifiably undervalued during its recent sharp fall, causing a flurry of currency unrest.37 words
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Article47 1977-12-09 1 KUALA LUMPUR, Thurs. MAS flights to Johore Baru remain suspended except for a special flight in the afternoon. The following flights have been rescheduled: MH3I3 from Kota Baru; MH 314 from Penahg; MH 317 from Kota Baru; MH 306 from KL; MH 305 from Penang.47 words
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Article56 1977-12-09 1 AFP GENEVA, Thurs. Negotiations on renewing the multi-fibre arrangement (MFA) were again ,oUoWlng tL "V"™ The European Economic Community (EEC) Is asking for a clause enabling It to opt out of the commitment to take 6 per cent more textiles per annum. Developing countries exporting textiles are againstAFP - 56 words
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Article30 1977-12-09 1 Reuter TAIPEH, Thurs. Taiwan and South Korea today pledged to cooperate closely In coping with what they call a rising wave of protectionism around the world. ReuterReuter - 30 words
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Article50 1977-12-09 1 Agencies TOKYO, Thurs. The Japanese domestic airline All Nippon Airways (ANA) today announced that the Vietnamese government had approved Its test charter flight to Ho Chi Mln City (formerly Saigon) from Tokyo on Dec 13. Laos and Thailand also announced they had resumed commercial flights yesterday Agen-Agencies - 50 words
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Article62 1977-12-09 1 UPI NEW YORK, Thurs. Stocks, aided by the government's report of a less-than-expected 0.7 per cent rise In November wholesale prices, headed higher early today in active trading. As a result, the Dow Jones Industrial average, was ahead 4.94 points to 812.37 shortly before 11 a.m. Advances outnumberedUPI - 62 words
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Chief Price Changes
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Article, Illustration182 1977-12-09 1 SPORADIC bouts of activity in selected counters punctuated the dull and easier trading on the Stock Exchange of Singapore yesterday. The most active counter of the day, Mega Chemicals, registered a dramatic increase in turnover during the eleventh hour. Consequently, the Business Times index fell 1.87 points182 words
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Article99 1977-12-09 1 Sg. Best Inch KK N.S.T. C Sugars Keck Seng Pac. Dev. Magnum Rites Most active 5.06 3.00 5.10 2.41 1.88 2.51 3.02 +.25 .10 *.10 .06 .05 .05 .05 Mega Chem 212,000 129,000 C. Securities 80 000 Fed Cables iK Total Turnover: 1.52M Total Value: MS2.72M Tronoh99 words
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Article850 1977-12-09 1 JOHN TAN - DRESDNER LEADS THE PACK By JOHN TAN MERCHANT banks in Singapore have turned up the best profit performance since the first one was Incorporated In 1970, a leading firm of management consultants reports. Last year, their combined net earnings reached $18 million, which is three times850 words
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Article166 1977-12-09 1 MR. Cho Jock Kim, 46, managing director of Far Eastern Hotels Development Ltd now faces four charges of criminal breach of trust totalling $11 million. DPP Mr. Lawrence Ang yesterday told the court that Cho might face yet another charge. Yesterday, two fresh charges of166 words
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966 1977-12-09 1 RONNIE LIM - By RONNIE LIM SINGAPORE'S cement manufacturers say higher raw materials cost and the prevention of price undercutting are the reasons for their Joint "price norma llsatlon" moves earlier this year. The manufacturers refuted allegations that a cartel existed in the Industry, stating that there966 words
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Article218 1977-12-09 1 TOKYO. Thurs. Exports of developing Asian countries are losing steam because of sluggish economic activities In Japan and other industrialised nations. A Bank of Japan report «id in its report on economic developments In Western and communist btocs in Asia that South Korea's exports218 words
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357 1977-12-09 1 GOLD was sold at the common price of US$ 1*0.30 (*****.70) if ounce at the International Monetary Fund's 16th gold auction on Wednesday in Washington. The total number of bide received for the 524,800 ounces offered waa 1.11 million ounces,357 words
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479 1977-12-09 1 TERESA LIM - •y TERESA LIM THE MALAYSIAN government has rejected the British request to fly the Singapore Airlines-British Airways supersonic Concorde over its airspace and territorial waters, said the Malaysian Communications Ministry last night. As a result, whether the Concorde would make its maiden London-Singa-pore. Singapore-London flights479 words
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Article95 1977-12-09 1 THE NTUC Welcome has sufficient stocks of the various grades of rice for sale In Its supermarketsand 120 Fair Price outlets, it announced yesterday.» The announcement comes at a time when rumours are abroad that there is a shortage of fragrant and 10 per cent broken rice in95 words
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Page 1 Advertisements
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Advertisement49 1977-12-09 1 COPIES ANYTHING. FITS ON A TABLE-TOP SEE BACK PAGE I Overseas Newt/ TV ft Radio Overseas News/ Croeewords Local Co. News International Co Newt Features Transport ft Communications Local Stock pg Overseas Stocks P9 Commodities PlO Japanese Industrial Exposition Supplement i a PI 1-1# Local ft Overseas News P2O49 words
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Advertisement135 1977-12-09 1 ACBC Your key to International Trai X if your business is import/export did the world's your markei, you'll need the services ot a bank with the international capability to handle your business dealings efficiently and with a minimum of fus.. At ACBC. we offer you a truly complete ra r135 words
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Advertisement18 1977-12-09 1 jopfln IDDUSTRIAL ms&t. TURN PUM 11-19 for BtulaeM Times' U'J 'J -ill 3 the Japan Industrial Exposition Singa-18 words
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Advertisement130 1977-12-09 1 SINTAT Rent-a-Car Singapore: ******55, *****5 (Airport) Kuala Lumpur: *****6• Panang: ***** A Perfect Choice < at Four Seasons Restaurant and Niteclub Business Hours: Cocktail Lounge 11a.m. to 12 midnight. Lunch 11.30 a.m. to 3 p.m. Happy Hours 4 pm to 7pm (20% off) Dinner and Dancing 7 p.m. to 12130 words
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OVERSEAS
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617 1977-12-09 2 Reuter. PARIS, Thurs. The rise in consumer prices slowed to 0.5 per cent in October in the Organisation for Economic Cooperation and Development (OECD) area, for a 8.6 per cent year-on-year rise. In September, prices rose 0.6 per cent for a 9 per centReuter. - 617 words
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Article369 1977-12-09 2 UPI WASHINGTON, Thurs. After assurances from the State Department, American workgloves manufacturers yesterday postponed filing an unprecedented trade complaint against China over Its glove imports to the US. Mr. Paul Schulz, executive director of the Work glove Manufacturers Association, said his group was prepared to file aUPI - 369 words
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80 1977-12-09 2 AFP LONDON, Thurs. China's hard line on prices may take some of the "gloss" off what was otherwise a successful visit to Britain last week by Minister of Foreign Trade LI Chiang. The Financial Times said yesterday: "Hard bargaining over prices is In storeAFP - 80 words
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Article246 1977-12-09 2 AFP CANBERRA, Thurs. The Federal Treasurer, Mr John Howard, today refuted figures by the Organisation for Economic Cooperation and Development that Australli's rate of inflation for the past year was 13.1 per cent. Mr Howard said that "on any fair analysis the annual rate of InflationAFP - 246 words
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Article180 1977-12-09 2 Reutter. PARIS, Thurs. French industrial production will show an overall rise of 2 per cent this year while employment in Industry will be one per cent down from 1976. The Paris Chamber of Trade and Industry said that last year the official production indexReutter. - 180 words
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Article169 1977-12-09 2 AFP. WASHINGTON, Thurs. The US Commerce Department Issued disappointing production figures for Western industries outside the United States. Industrial production in the main developed countries other than America declined for six months in a row for the first time since the upturn of 1975. The decline was slightAFP. - 169 words
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409 1977-12-09 2 Reuter TOKYO. Thurs. Nine* teen private sector Japanese borrowers are slated to make overseas bond issues In the first quarter next year for a total of slightly over US$5OO million equivalent (Ssl.2 billion), compared with 17 for a total of about $440 millionReuter - 409 words
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Article560 1977-12-09 2 Reuter BRUSSELS, Thurs. Common Market ministers last night agreed that the EEC's budget for 1978 should be nearly 12.3 billion European units of account (EUAs) or about US$l4.6 billion (5534.31 billion), an Increase of more than 27 per cent over last year. The figure, reachedReuter - 560 words
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370 1977-12-09 2 AFP. STOCKHOLM, Thurs. The Nordic Union of Textile Workers yesterday called for a reduction In textile Imports from Hongkong and South Korea. At a conference in Oslo, the 150.000-member union passed a resolution saying that "the free-trade system now In force in the readymade clothingAFP. - 370 words
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203 1977-12-09 2 AFP KUALA LUMPUR, Thurs. Malaysia's reserves are expected to register significant growth as a result of the current high prices and export volumes of major commodities, particularly rubber and tin, Deputy Minister of Finance Richard Ho, said today. He said the prices and volumes,AFP - 203 words
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Article198 1977-12-09 2 Reuter. WELLINGTON, Thurs. A major snag has cropped up in negotiations on the rights of fishing vessels from South Korea to operate in. New Zealand's 320 km economic zone next year. An outline agreement, reached after four days of talks, will not be signedReuter. - 198 words
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480 1977-12-09 3 Reuter. LONDON, Thurs. Price Increases notified to Britain's Price Commission point to a further sharp downturn in the country's Inflation rate. The Price Commission s index, based on proposed increases by larger concerns and in the past a fair leading indicator for retailReuter. - 480 words
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449 1977-12-09 3 Reuter FRANKFURT, Thurs. The mark's sharp rise on foreign exchange markets. If it continues into the New Year, will damage German export growth and undo government experts' fairly modest projection of 3 1/2 per cent real GNP growth in 1978. Economists at major banksReuter - 449 words
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108 1977-12-09 3 UPI TOKYO. Thurs. Delta Motor Corp. of the Philippines, an assembler of Toyota cars, will shortly apply to Join the Philippine government's diesel engine project, Toyota officials said today. Industry sources said Toyota executives discussed the scope of cooperation the Toyota group could extend*UPI - 108 words
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248 1977-12-09 3 Reuter NEW YORK Thurs. The confidence of American consumers in the economy rose slightly last month, suggesting a strong Christmas sales season. Disclosing this the businessbacked research organisation. Conference Board said its consumer confidence Index in November rose three points to 89.6.Reuter - 248 words
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Article54 1977-12-09 3 AFP. TOKYO, Thurs. Sales of foreign cars In the Japanese market in November rose by 10.8 per cent over a year ago to 2,756. the Japan Automobile Importers' Association said. West Germany led the market with 1,323 cars, followed by the United States (946), Britain (204),AFP. - 54 words
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827 1977-12-09 3 Agencies. NEW YORK, Thurs. Energy Secretary James Schleslnger said the US can expect continuation of balance of payments problems "which it is our responsibility to cure. Mr. Schlesinger told a Conference Board lunch the US will continue to be dependent on importedAgencies. - 827 words
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Page 2 Advertisements
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Advertisement210 1977-12-09 2 Whenever you are there's an OUB Branch nearby. We have 25 branches spread over as many people as need them. Services Singapore, ail conveniently located. So, such as Cash Dispenser, Current mMWwSm^NSMM^ perhaps we could be forgiven if we Accounts, Savings Accounts, Loans, 7 were tempted to rest on our210 words
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Page 2 Miscellaneous
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Miscellaneous305 1977-12-09 2 THE WEATHER WEATHER report for 24 hour* prior to 7.30 pm on Dec 8 at Singapore airport. Maximum Temperature 30.4° C Associated Humidity 66 Minimum Temperature 23.5° C Associated Humidity 93 Hours of Sunshine 3.50 Rainfall in Millimetres Nil Total Rainfall for the Month 21.7 Total Rainy Days for the305 words
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Page 3 Advertisements
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Advertisement50 1977-12-09 3 11 wswWM X ...vA jui*. s FROM THE INNOVATORS OF QUARTZ TIMEKEEPING: m ss n OMEGA FEW THNGS IN UFE WIL OUTLAST SWISS CRAFTSMANSHIP From the Omega Quartz Collection: (1) 192 0030. (2) 196 0065. (3) 192.0028 Sole Agents: Silvaroyal Pte Ltd, 626-630 Colombo Court Building. Singapore 6. Tel: *****2/5;50 words
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Page 3 Miscellaneous
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Miscellaneous617 1977-12-09 3 THE TWO-IN-ONE CROSSWORD 1 P2 Ml 3 CRYPTIC PUZZLE ACROSS 1 Cries upset the boss (4) 4 Is it of spreading popularity? (6) 8 It might take a bite out of the curate (3) 10 A medical officer's name (4) 13 Behaves angrily when a swindle goes on a long617 words
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COMPANY NEWS
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Article1226 1977-12-09 4 ARTHUR NG - By ARTHUR NG FLUSHED with liquidity from the recent sales of its stakes In two associate companies, Pahang Consolidated now says It Is looking for "fresh avenues of Investment" to enhance Its earnings growth. Indicating this In the just released 1976/77 annual report, the acting1,226 words
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Article396 1977-12-09 4 LABOUR problems which beset one of the two bus operating subsidiaries of South Johore Amalgamated have sent the company reeling into the red for the first half of the current year ending March 31, 1978. The disappointment for SJA which only saw Itself turning the corner396 words
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Article130 1977-12-09 4 KUALA Kamptr Th>: Company pretax profit after provision for depreciation and depletion MS 1.71 million ($552,758) for the half year ended Sept 30, 1977. Output of tin concentrates 3,391 piculs (2,289 piculs), and after provision for income tax of $940,000 ($86,000) leaves net profit of $775,000 ($406,758) available130 words
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865 1977-12-09 4 RIDING with the tide of surging tin prices during the year, Aokam Tin has swung back from a profit slide to hit the growth trail again with a 66 per cent leap In profits. Pre-tax profits for Its year ended June 30 have soared865 words
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Article375 1977-12-09 4 Current Ex Date Total for Total for payment Date payable the year previous year Austral Enterprises Talam Mine* 10%I 10%I Nov 15 Nov 15 Dec 9 Dec 9 10% 10% 30% 20% Rah Hyd 20% Nov 22 Dec 10 20.6% 17.5% 20% PMC Riverview 7.5% 9% Nov 23375 words
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697 1977-12-09 4 NYT. NEW YORK: Blockbuster motion pictures such as Jaws, Star Wars and Close Encounters of the Third Kind have brought new life to shares of the companies that made the pictures. However, there is confusion.'as to what. say. a US$lOO million grossNYT. - 697 words
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Article136 1977-12-09 4 NYT PRE-TAX profits of Barclays Merchant Bank, rose from £7.3 million to £9.7 million for the year to Sept. 30. 1977. Mr. Deryk Vander Weyer the chairman, says that demand from Industry for finance has been low and competition for available business is Intense. InNYT - 136 words
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Article30 1977-12-09 4 THE Stock Exchange of Singapore announced that as from Monday, Dec. 19, trading on the big board will be in lots of 2,000 shares instead of 5,000 shares.30 words
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605 1977-12-09 4 NYT NEW Y<?RK: Across the country, from the Trenton Common in New Jersey's capital to the Broadway Plaza complex in downtown Los Angeles, expectations are running high for record results in the Chiistmas shopping season which began over the weekend. A steady, upbeat sales tempoNYT - 605 words
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Article1517 1977-12-09 4 December 7 Chicago Board Options Exchange volume was 104,672 contracts, down from 121,327 on Tuesday. OPTION JAN APL JLY STOCK Alcoa Alcoa Alcoa Alcoa Am Tel Am Tel Am Tel Am Tel AtlR AUR Avon Avon-P Avon Avon-P Avon Avon-P Bank Am Bank Am Bank Am BethS1,517 words
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Page 4 Advertisements
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Advertisement151 1977-12-09 4 The Love of ne >v\ 3 y. 4 *V if ■i 7 P E v> l\ m m Kampttt Lo, tho wtfl-knewn Chin— cookory writer, introduce tho roodor to tho tochrtquoo of CNnooo cooking, ond gtvm on kwlght Into tfiofr unique way of ooftng. Beginning with •Implo ono- Kenneth dloh151 words
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INTERNATIONAL COMPANY NEWS
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309 1977-12-09 5 AFP. TWO state-owned shlp- builders, China Ship- building Corp (CSBC) and Taiwan Shipbuilding Corp will merge Into a single company on Jan 1. Official sources said the merger is aimed at avoiding competition between the two shipbuilders and Increasing the overall capacity of shipbuildingAFP. - 309 words
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206 1977-12-09 5 EUROPEAN COMPANIES Reuter. DEUTSCHE Gesellschaft fuer Anlageberatung, an Investment advisory service 90 per cent owned by Deutsche Bank, said It forecasts lower 1977 dividends for Hoechst, Bayer and Basf, following the companies' reports of lower nine months pre-tax earnings. The Investment advisory service forecast dividends,Reuter. - 206 words
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Article173 1977-12-09 5 REPORTING a decline in earnings for the year ended Sept 3, 1977, Rank Hovls McDougall has forecast lower profits for the current six months. For the year Just ended, pre-tax profit fell 8.5 per cent to £36.46 million (£39.85 million previously) despite a sales Increase173 words
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Article39 1977-12-09 5 Reuter UNION Bank of Switzerland (ÜBS) said it bought for 4.5 million francs the building in Chiasso of Weisscredit Banca Commerciale D'lnvestlmentl thereby enabling the Lugano bank to proceed with liquidation by deed of arrangement. ReuterReuter - 39 words
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181 1977-12-09 5 Reuter. CENTRAL Pacific Minerals said preliminary assessment of uranium reserves at the Bigrlyl uranium prospect In the Northern Territory, after completion of the 1977 drilling programme, show an Increase in probable and Inferred reserves to 1.72 million kilos of uranium oxide (U308) from 1.30Reuter. - 181 words
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154 1977-12-09 5 Reuter. ALLGEMEINE Electrl-citaets-Gesellschaft AEGTelefunken will post improved earnings in 1977, but will not pay a dividend, chairman Walter Cipa said. In 1976, AEG had a domestic group balance sheet loss of 27 million marks against a 381.5 million loss in the previous year andReuter. - 154 words
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Article76 1977-12-09 5 Reuter. PROFITS of EMI so far this year are running well below the levels of the same period last year, despite higher turnover, chairman John Read said. Mr. Read told the annual meeting he expects some adverse factors to continue into 1978. In the year ended JuneReuter. - 76 words
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Article451 1977-12-09 5 NORTH AMERICAN COMPANIES GENERAL Electric Co and Hitachi said they formed a 50-50 Joint venture, General Television of America, to engineer, manufacture and market television products in the US. GE chairman Reginald Jones said the venture will "help assure continued employment for approximately 4,000451 words
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417 1977-12-09 5 Reuter. I AMERICAN Telephone and Telegraph Co chairman John Debutts said In many Important aspects, 1976 was to have been the Bell System's best year, but It now appears 1977 will be even better. "Certainly our earnings are running ahead of last year's,"Reuter. - 417 words
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Article133 1977-12-09 5 Reuter. ARMCO Steel Corporation said it would withhold filing dumping complaints against foreign steelmakers as a mark of "good faith" in the Carter Administration's efforts to aid the domestic Industry. Dumping consists of selling products in the US at below their fair market value. AmericanReuter. - 133 words
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Article93 1977-12-09 5 Reuter. INTERNATIONAL Business Machines Corp's operations remain good, chiefly due to the world economic recovery and new IBM data processing products, president John Opel said. He made no forecast. For the nine months, IBM earned U5512.92 a share, up from $11.47 a year ago. Mr.Reuter. - 93 words
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Article1074 1977-12-09 5 FT. NOTHING less vital than Issues of national sovereignty lay at the heart of the Lords' decision in which directors and employees of the Rlo-Tlnto Zinc Corporation successfully fought off attempts by American legal authorities to obtain documents and testimony from them. The request hadFT. - 1,074 words
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125 1977-12-09 5 Reuter. ALUMINIUM Co of America said It will spend US$32 million on Its Lebanon, Pennsylvania works to increase hot and cold rolling capacity and Improve the flexibility of Alcoa's flatrolled products system. The expansion of the Lebanon works, a major producer of aluminum foilReuter. - 125 words
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Article79 1977-12-09 5 AFP. THE Department of Transportation has asked the Chrysler Motor Corporation to recall more than 1,000,000 defective cars. It said that a manufacturing fault caused the engines to stall. The request concerned Valiants, Darts, Aspens and Volares models made between 1975 and this year. The departmentAFP. - 79 words
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Article36 1977-12-09 5 Reuter. TORONTO Dominion Bank said it raised its quarterly dividend to 20 cents from 19 cents. The dividend is payable on or after Jan 27 to shareholders on record since Dec 31. Reuter.Reuter. - 36 words
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Article527 1977-12-09 5 Reuter. CURRENCY movements In the 1977 fourth quarter could hurt Exxon Corp more than in the three pre- > ceding quarters combined, senior vice president I Jack Bennett said. He said that so far this quarter, currencies have moved further than In the i firstReuter. - 527 words
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Article115 1977-12-09 5 Big setback for Gulf Western Reuter. GULF and Western Industries suffered a big setback in net profit in the first quarter ended Oct 31, 1977. Net earnings fell to US$39.l million from $53.94 million despite higher revenue at SI.OI billion compared with 5876.5 million previously. Gulf said first quarter earningsReuter. - 115 words
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Article33 1977-12-09 5 Reuter. J.P. MORGAN and Co said directors raised the quarterly dividend to 55 cents a share from 50 cents, payable on Jan 16 to shareholders on record since Dec 19. Reuter.Reuter. - 33 words
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Article65 1977-12-09 5 Reuter. ASHLAND Oil said it is no longer considering the acquisition of an interest In Commonwealth Oil Refining Co. It said the difficulties of "structuring a transaction" which would be equitable to the creditors and to the various stockholder groups made it impractical to continue discussions.Reuter. - 65 words
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Page 5 Advertisements
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Advertisement174 1977-12-09 5 t What is a factory without enough skilled woikers? See how Sony video training systems help solve this problem and many more. Sooner or later every factory faces the same situation. New equipment is installed to upgrade productivity. But without enough skilled workers to operate it, all that is upgraded174 words
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Article, Illustration1935 1977-12-09 6 MICHAEL DONNE - By MICHAEL DONNE FT. BRITISH Airways is expected to spend upwards of £2 billion in the next ten to 15 years to replace its present fleet of over 170 Jets with new aircraft intended to see It through to the end of thisFT. - 1,935 words
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958 1977-12-09 6 DEBORAH RANKIN - By DEBORAH RANKIN NYT NEW YORK: The affluent society Is built on plastic, the shiny plastic of the Innocuous-looking credit card. Th? small embossed chips give entree Into a world of glittering material goods and exotic faraway vacations. But all too often, the cardsNYT - 958 words
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Article, Illustration738 1977-12-09 6 NICHOLAS PARSONS - By NICHOLAS PARSONS Reuter. VILLAHERMOSA, MEXICO: The twin towers of the new cathedral being built In Vlllahermosa, seen In silhouette from the airport in the early morning, look uncannily like an oil rig. It Is a fitting welcome to theReuter. - 738 words
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Article, Illustration823 1977-12-09 6 ANTHONY LEWIS - By ANTHONY LEWIS NYT BOSTON: You are an American banker or businessman with significant Interests in country X. You are made aware that the basic national policy of X is to repress 80 per cent of Its population: systematically, violently, forever. What doNYT - 823 words
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Page 6 Advertisements
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Advertisement54 1977-12-09 6 NOW ON SALE at your regular bookshop. The phenomenal bestseller which has taKen America by storm the story of a black American's search for his roots in Africa. ROOTS has sold over 1 1 million hardback copies since its publication and it is continuing to top the bestseller lists even54 words
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TRANSPORT AND COMMUNICATIONS
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340 1977-12-09 7 AP. PARIS, Thurs. An international commission to study world communications problems, particularly those affecting the flow of news about developing nations, will hold its first meeting here from Dec. 14-16, Unesco announced yesterday. The 16-member commission of Journalists and public relations officials has beenAP. - 340 words
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Article972 1977-12-09 7 ADRIAN DICKS - GERMAN AEROSPACE FIRMS By ADRIAN DICKS FT MESSERSCHMITT Boelkow Blohm, West Germany's biggest aerospace company and defence contractor, is approaching a watershed in its history. Within the next few months it Is likely to be thrust Into a merger with Vereinlgte Flugtechnishe Werke/Fokker, the troubledFT - 972 words
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318 1977-12-09 7 Reuter. PARIS, Thurs. The world's biggest underground station will be opened tomorrow above what was once an old food market known as the "belly of Paris." Barring last minute hitches. President Valery Oiscard d'Estalng win board a sleek blue train to inaugurate the new station andReuter. - 318 words
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Article149 1977-12-09 7 AP. LONDON, Thurs. Timechartering was the main activity on the London freight market yesterday. Generally, the market was quiet with little fresh news In North American grain fixing. In the Far East, Mitsui OSK engaged the freedom type Kuwait horizon at $3,900 a day for a Dec.AP. - 149 words
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Article, Illustration341 1977-12-09 7 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barge Tal Chin (0900 alongside Nedlloyd Freraantle) 10/11 Cherry Vllja (B. Barge) (after Ocean Supply) 48 Dong Kwang (1500 after Dong Yun) 40/41 ,Jl* dl i oyd Fr emantle (WOO after Nltchu Maru) Priam (1500 after Straat Hongkong) 47 Prlmorle (2200) 13/14 Tapah341 words
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Article, Illustration269 1977-12-09 7 THE first of five 9.7 metre "Bulldog" general-purpose launches ordered from Fairey Marine Ltd. of-Ham-ble, Hants, England for use in the Gulf of Aden will be delivered shortly. One of the five ordered will be used as a survey launch, the other four as269 words
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104 1977-12-09 7 UTA French Airlines has installed a computerised passenger reservations system at Its new SlngaB>re office in Ming Court J Pi? new of «ce will oe officially opened on Dec Mr. Jean Darras, vicepresident, Far East and Pacific, for the airline, will fly In specially from104 words
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Article212 1977-12-09 7 UPI. GENEVA, Thurs. The International Air Transport Association Is Informally discussing moving out of Geneva because of the near-collapse of the US dollar against the Swiss franc, officials disclosed yesterday. But this is lust one of several possibilities being considered by lATA's financial experts and noUPI. - 212 words
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Article727 1977-12-09 7 ARRIVALS Service Local Operator Number Time From CAL CI331 0040 TPE/HKG/KUL MAS MH601 0715 KUL KAL KE807 0800 SEL/MNL MAS MH682 0810 KCH I SIA SQ101 0815 KUL MAS MH621 0850 PEN r MAS MH607 0900 KUL > MAS MH671 0945 PEN/KUL GIA GA980 1030 HLP BA727 words
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Page 7 Advertisements
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Advertisement47 1977-12-09 7 The Special Gift for this Special season... for a Specialpersaii. V 4 X A. Ik. A .y, UJ. A it I',. :i i-; "t > ~*7* I r r VyiU.l BR P.GOOfIAI F f*jfc UP. loftFtoorBup«mi»Momt.Prnmsßoid. Singapore# Tel *****1 J. v i. si 3. i,: -f w k§^#v47 words
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Article2373 1977-12-09 8 1*77 High Low Caapuy Last Sale ♦orGr't Gr'i Net dhr Dtv y'ld P/E c'vr Vol Day COW) High L01 SECTION ONE INDUSTRIALS 154 204 116 246 88* 205 160 259 422 146 134 165 58 212 57* 155 152 182 350 91 Aetna Alcom Allied Choc Bata2,373 words
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Article1434 1977-12-09 8 BID and offer prices officially Itotod and business Ln and reported to the Stack Eictoi» of Singapore yesterday with Um inaWr of shares traded ik»«i bi bracket* la IoU of 1,000 units unlaaa otherwise specified. All Tine Settlement Contracts are quoted after the word "Sett." Big Board1,434 words
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Article1310 1977-12-09 8 BID and offer price* officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets 1n lots of 1,000 units unless otherwise specified. INDUSTRIALS Ajinomoto (2 20S). Alcorn (1.678 1.705) (1) I 70 A. Choc1,310 words
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Article55 1977-12-09 8 STRIKING prices of the stock options officially listed on the Stock Exchange of Singapore, the periods, bid and offer prices and business done yesterday, with the number of options traded shown in brackets. C and C (March 12.30) (0.268) OUB (Dec $2.60) (10) 0.05 UOL (March $1.00) (0.03B)55 words
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Article152 1977-12-09 8 SINGAPORE UNIT TRUST INCOME BOND UNIT (Mtuim' price for Dee (Curreat price*) The Commerce 1.77 188 INCOME BOND 109 1.15 The Saving Fund 1.00 1.12 MARA BUMIPUTRA FUND S pore Pro® Fund S pore Security Fund 0.84 0.89 (Managers' price* for Nov 9) First Bumlputra 2.24 2.29 1.62152 words
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Article119 1977-12-09 8 E I B 9% 1982 (100,000) (1028 103 VtS) E I B 8 1/4% 1983 (100,000) (9 100'*S) E I B 8 1/4% 1987 (100,000) (9658 97*S) 4 3/4% 1/5/79 (250,000) (100.468 100.565) (2) 100.50 5 1/4% 15/10/79 (250.000) (100.758 101.05S) (2) 101.00 5 3/4% 1/8/78-80 250,000) (101.255) 4119 words
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Advertisement650 1977-12-09 8 m w ?rV IB v sinoapura FORUM |£9 HOTEL >Oimm<lW» ContmnMl HoMt 585 Orchard Road, S'pore 9. Tel: *****2 Hotel TPy Tsmgapq«e 405/407 Havelock Road, S'pore 3. Tel: *****1 Sze Chuan Room A TREAT OF SZE CHUAN FOOD AT THE SZE CHUAN ROOM Is a heavenly delight prepared with care650 words
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Article, Illustration598 1977-12-09 9 SPORADIC bouta of activity livened an otherwise dull day of trading at the Stoch Exchange of Singapore yesterday. Conditions were at beat barely ateady and price range continued to be minimal except in a few aelected countera. These sharea appreciated by aa much aa aix centa during the598 words
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Article384 1977-12-09 9 THE Kuala Lumpur stock market closed on a mixed note yesterday as lacklustre trading continued. For the greater part of the day, shares merely marked time. The dull market did not encourage operators to deal in large lots, and institutions kept a low profile. An erratic384 words
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INTERNATIONAL STOCKS MARKETS
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Article327 1977-12-09 9 HONOKONO: The market eased slightly In dull and healtant trading yesterday, dealers said. The Hang Seng Index fell 1.92 points to 419.17. Jardlnes fell 30 cents to HKSI2.BO, Hongkong Bank 10 to 18.20, and Wfcealock 2.S to 2.429. Hoagkeag Lead and Swtre Pacific were both steady. Turnover on the327 words
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Article500 1977-12-09 9 TOKYO: Share prices closed higher In active trading yesterday on revived Interest In public works Issues and speculatlves following the recent sharp fall, dealers said. The Dow Jones average rose 27.41 to close at 4.843.33 with volume of 210 million shares. The New Index closed at 360 59. up500 words
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Article438 1977-12-09 9 SYDNEY: The market closed generally higher yesterday with some leaders easing while second liners firmed, dealers said. The Svdnev All-ordinarles rose 1.74 points to 452.02. BHP fell four cents to A 15.62 after touching 5.70. CSR six to 2.88 and TNT one to 93, while the Wale* rose two438 words
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Article154 1977-12-09 9 MANILA: The market firmed further yesterday wtth mining and oils rising while commercials were steady, dealers said: Atlas and Marinduque both rose six points while other mines also firmed on expectation of hleher mnnw nrlces. In oils Tranaaaia and Baiic both rose two points. Turnover rose to 7.4 million154 words
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Article115 1977-12-09 9 DEC M Bahts Asia Fibre 231 -9 Bangkok Bank 379 unch Bangkok Invest Bangkok-Metro-politan Bank Bala 710 10 BerUJucker 538 s CharoongThal Wire Dumex Duslt Than! Faber Merlin First Trust 299 Genera Finance 349 Indo-Thal Industrial Finance Corp 2005 -40 J And J Ho 340 -8 Jalaprathan 258 -16115 words
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Article347 1977-12-09 9 AMSTERDAM: Share prices were mostly higher on Wednesday despite the weaker tone overnight on Wall Street, dealers said. The firmer tendency was Influenced by the slight recovery of the dollar, they added Hoogovens was lower against the trend In Dutch internationals Heineken was firm, closing almost nine guilders higher,347 words
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Article158 1977-12-09 9 BRUSSEL: Most shares fell in active trading on Wednesday following higher Belgian unemployment In November and the falls on Wall Street, bourse sources said. Aaturienne rose but Traction, Union Miniere, Acec, WagoiuLita, Arbed and Vieille Montague were lower. Gold mines were little changed. In foreign stocks UK were mixed,158 words
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Article317 1977-12-09 9 FRANKFURT: The market closed mixed on Wednesday with a slight firmer bias as foreign exchange market uncertainty continued to dampen investor enthusiasm, dealers said. Manneamann lost 1.80 marks, Siemens shed 1.20 and major chemicals were up to one mark lower on foreign selling orders. Metals were easier, with Preuaaag317 words
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Article173 1977-12-09 9 MILAN: Stocks recovered over a broad front In very slow trading on Wednesday Dealers said the market firmed on lessening sales pressure and some bear covering. However IMM Roma lost 4.8 per cent on speculation about company rescue plans. Ginori, Latins Am, and Falck closed sharply higher and montedlson173 words
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Article319 1977-12-09 9 PARIS: The market was lrrefular on Wednesday with only rench shares on the Terme market being quoted, dealers said. As bourse staff were on strike, the Stockbrokers Association invoked a rule allowing It to post quotations by specialised brokers, until further notice. Rises Included UCB, Veuve Clicquot, Vinipris, Bore!.319 words
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Article293 1977-12-09 9 ZURICH: The market closed narrowly mixed In heslstant trading on Wednesday overshadowed by the weaker dollar and the decline on Wall Street, dealers said. Banks generally dipped. Among Irregular flnanclals Oerlikon-Buehrle Improved. Insurances were very steady. Leading industrials showed mainly small losses Including bearer shares of Fischer, Alutuiaae and293 words
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Article375 1977-12-09 9 JOHANNESBURG: Gold shares finished mixed, ranging from advances of up to 100 cents to losses of 25 cents on Wednesa£inanclal minings were marginally firmer In quiet tradlnf. Elsewhere. De r ßeer» rose to 550. There were gains in asbestos counters of up to 15 cents. Platinums were a couple375 words
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Article316 1977-12-09 9 TORONTO: Gtini in senior oil* and gold iuuM offset decline* in others sectors u prices closed mixed in active trading on Wednesday. The Composite index lost nearly a point but advances led declines 222 to IM. Canadian Superior Oil rose 11/4 to 56-1/4 after the Federal Export Development Corporation316 words
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Article1058 1977-12-09 9 NEW YORK: Stocks finished lower on Wednesday In moderate trading on the New York Stock Exchange. Analysts said Investors are still worried about the factors that triggered Tuesday's sharp selloff sluggishness in the economy, the unexpected downturn in car sales and the possibility inflation may be rising. The1,058 words
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Article65 1977-12-09 9 FINANCIAL TIMES INDUSTRIALS Wednesday r 485J Tuesday 482.0 Week Ago 481.0 DOW JONES AVERAGE INDUSTRIALS Wednesday 807.43 Tuesday 808.91 Week Ago 829.70 LONDON DOLLAR PREMIUM Wednesday #5* to 95S Tuesday 96 to 97* H.K. HANG SENG Wednesday 421.09 Tuesday 421.85 Week Ago 419 29 SYDNEY INDUSTRIALS Wednesday 391.63 Tuesday65 words
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Page 9 Advertisements
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Advertisement374 1977-12-09 9 mocco SINGAPORE Tanglin Circus, S'pore 10. Tel: *****1 Brasserie La Rotonde Specialite de Cafe HOTEL ASIA 37 Scotts Road, Singapore 9 Tel: *****8. CHEQUERS HOTEL 418 Thomson Road. Singapore II Tel: *****/7 HOTEL EQUATORIAL 429 Bukit Timah Road, Singapore 10 Tel: ***** GARDEN HOTEL 14 Balmoral Road, Singapore 10 Tel:374 words
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COMMODITY REPORTS AND PRICES
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Article322 1977-12-09 10 OPENING quotations on the Singapore rubber market yesterday were marked up marginally following higher London advices, then advanced further on some shortcovering and speculative buying, dealers said. January One RSS was taken to a high of 203.00 cents before profit-taking trimmed the gain slightly, they322 words
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Article30 1977-12-09 10 Rubber: Dec 8 Singapore: December 201.50 cenU (up 1.50 cents) Malaysia: January 203.25 cent* (up 1.50 cents) Tins: $1,777 (up $17) Official offering: 201 tonnei (down 59 tonnes)30 words
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Article333 1977-12-09 10 R A S prices In cents per kilo yesterday: Noon (per kilo) Close (per kilo) Int. 1 R.S.S. prompt f.o.b. Int 1 R.S.S. Dec Int. 1 R.S.S. Jan Int. 2 R.S.S. UK/Cont. Int. 3 R.S.S. UK/Cont. Int 4 R.S.S. UK/Cont. Int. 5 R S.S. UK/Cont. Buyers 200.25 200.75333 words
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Article111 1977-12-09 10 NOON SSR and SMR prices yesterday December January HAS (Current Mth) (Forward Mtfc» Buyer* Sellers Buyers Sellers (cent* p er kg) (cents per k() SSR 20 (1—ton pallet) 195 00 197.00N 196.00 198 00N SSR SO (1— ton pallet) 103.00 195 00N 194.00 196.OON MRELB January February111 words
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Article156 1977-12-09 10 HONGKONG, Thurs. Sugar futures traded In a narrow range of 0.03 US cent today on mixed trade and commission house dealings, dealers said. Trading was confined to March and May, each month rising 0.10 of a cent in quiet conditions, they said. Turnover rose to 16 lots from156 words
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Article201 1977-12-09 10 YARN and cotton in Hongkong dollars, spot ex-godown: Cotton Yarn: China Blue Phoenix 20 s 1,850 32 s 2.070. 40 s 2.180 (per bale of 400 lbs). Piece Goods: China Butterfly and Globe Brand unq. Dragon Head unq. Five Lambs unq. Flower and Butterfly unq. Flying Geese unq,201 words
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Article400 1977-12-09 10 PRICES held steady In light to moderate trading at the Singapore produce market yesterday. The bulk of activity was centred on the copra and coconut oil sector. Buyers decided to take up the offers for February terminal shipments of copra. These were the buyers who refrained from concluding400 words
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Article389 1977-12-09 10 LONDON. Thurs. Terminal coffee opened i'B to I'3o per tonne up on yesterday's close in sales of 262 lots. The official tone was "about steady". Dealers said the gains were not unexpected and largely reflected yesterday's New York close. Trading was mainly confined to the first Three Months where389 words
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Article67 1977-12-09 10 C.I.F. Rotterdam. US dollars per ton. LONDON: Wednesday Previous Malaysia 5% ffa bulk Feb 506 sir 440 ilr Sumatra ffa Dec 525/540 pd 505/510 pd Jan 500/507 50 pd 485 pd Feb 407.50/510 pd 472.50/477.50 pd March 400/505 pd 475 pd April 487.50/400 pd 452.50/457 50 Nigeria 5*67 words
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Article302 1977-12-09 10 LONDON. Thurs. Terminal cocoa registered New York based losses at the opening call of up to CM per tonne in quiet trading. Dealers said the market still appears to be moving within a restricted trading range. They said that trade buying against recent industry off-take of first quarter 1978302 words
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Article261 1977-12-09 10 THE STRAITS tin price in Penangyesterday rose MS 17 to $1,777 per plcul on an official offering down 59 tonnes to 201 tonnes. Firmer conditions in London and continued JaEanese and US buying elped the market to recover from Wednesday's fall, dealers said. The rise was also due261 words
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Article335 1977-12-09 10 LONDON. Thurs. Terminal sugar opened £0.35 to t.0.15 per tonne above yesterday afternoon's closing levels. Sales totalled 742 lots. The market opened quiet with prices holding steady. Dealers said this reflected further rumours of Chinese buying late yesterday. However, as with most sugar deals involving China, no confirmation of335 words
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Article114 1977-12-09 10 HONGKONG, Thurs. The market was steady to higher with prices unchanged to HK$l.OO higher, dealers said. Total turnover was 357 tons comprising Thais 126, Kwangtungs 140 and Australlas 91. There were no arrivals. (Prices HK dollars per ptcul exgodown) Thai While: 100 pet old crop Ist class 106 00114 words
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Article151 1977-12-09 10 CHICAGO, Thurs. Soybean futures closed at the day's highs with gains of 91/4 to 7-1/2 cents a bushel. The market showed some early strength on speculative buying prompted by firmness in domestic cash markets, good demand in Europe and advances in soybean oil futures. Commercial buying also contributed to151 words
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Article67 1977-12-09 10 CHICAGO, Thurs. Wheat futures yesterday closed with gains of 2-3/4 to four cents a bushel!. Prices advanced at the opening, as short-covering and speculative buying were prompted by firming in cash bids at the Oulf and expectations of Improved export activity. Additional speculative buying was encouraged by exporter buying67 words
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Article316 1977-12-09 10 LONDON. Thurs. Copper wlrebars fell by mostly £5. Dealers said the premarket was steady in line with the overnight trend In New York but prices gave ground In the ring under liquidation, dealer selling and chartist operations prompted by steadier sterling and limited physical offtake. Sales of 7,900 tonnes316 words
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Article185 1977-12-09 10 LONDON. Thurs. Silver showed losses of 0.8 to 0.7 pence per troy ounce. Prices opened higher, reflecting overnight gains in New York and steadiness in gold this morning. The market subsequently fell back under selling prompted by firmer sterling, with the bullion dealers' fix an additional depressant. Trading, however,185 words
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Article373 1977-12-09 10 THE KILOBAR In Singapore opened yesterday at 5512.302, and drifted off to a low of 5512.223. The market closed at 5512,245. In London, the metal opened at U*****.40/ 70 which was US$l.52 above the IMF auction cut off price (U*****.03). Selling pressure appeared at this level and depressed prices373 words
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Article71 1977-12-09 10 LONDON, Thurs. Zinc rose €2 for cash and £1.75 for Three Months. The metal picked up on some covering against small pockets of continental physical activity as well as some stop-loss operations. Three Months rose to L' 296 but fell back on the kerb under profit-taking to 1293. Sales71 words
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Article81 1977-12-09 10 LONDON. Thurs. Lead finished the morning with gains of C 2.75 for cash and l' 2 for Three Months. Three Months traded up to C 375 before profit-taking pared the rise. Sales were brisk at 4,750 tonnes. On Wednesday, lead rose by 11.25 for cash and £0.75 for Three81 words
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MONEY AND EXCHANGES
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Article475 1977-12-09 10 THE DOLLAR strengthened against most currencies on the local foreign exchange market yesterday. Against the Japanese yen it rose from an opening of 241.10/20 to 241.70/90. While the rise was not great, dealers said that the dollar's recovery yesterday was about the most consistent in weeks. The dollar475 words
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Article55 1977-12-09 10 ACBC< 7 First Chicago 6*. Algemcne Bank 7 Bangkok Bank 7 Bank of America 7 Bank of China 7 Bank of Tokyo 7 Bank Negara Citibank 7 HSBC 7 Indoauez 7 Malayan Banking 7 Mitsui Bank 7 OCBC (i, OUB 7 UCB 7 Chile Manhattan 7 DBS55 words
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Article177 1977-12-09 10 Asian rates ASIAN currency deposit Interbank rates as at close on Dee 1. 7 days 1 mth 2 mths 3 mths 6 mths 9 mths 12 mths L'S Dollars (Spot) Offer Bid 3/4, 6 5/8 .7 6 7/8 .7 1/16 6 15/16 .7 3/16 7 1/16 .7 7/16 7 5/16177 words
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Article121 1977-12-09 10 Euro rates LONDON, Thurs. Trading was light at the outset reflecting operators' continuing unwillingness toopen new positions ahead of the Christmas holiday, dealers said. Near-term periods firmed by up to 7/16 because of the loss of the Friday dealing technically. Rollover and Far Eastern interest was small. Day to day121 words
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Article54 1977-12-09 10 FRANKFURT exchanges opening quotes on Dec 8: US 2 183S '50 (2 1880/95) Out 1 #820 SO SU,J MS/815 DTI 82 25 35 8 Pr 102 36/46 Ut 2.463/460 F Pr 44 95/45 05 N Kr 40 95/41 09 B Pr (com) 6 35/36 B Pr (On) 6 32/3354 words
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Article184 1977-12-09 10 LONDON, Thurs. The/ dollar firmed slightly against leading currencies in moderately active trading compared with previous days, dealers said. Some reported covering of short dollar positions coupled with profit-taking in marks and Swiss francs after their recent sharp advances. The mark eased to 2.1765/ 80 against the dollar from184 words
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Article157 1977-12-09 10 NEW YORK, Thurs. The dollar yesterday continued its downward trend, closing lower against major currencies in moderate trading, dealers said. Energy secretary Schlesinger's comments that the US will continue to rely on oil imports for the nearterm and will continue to run balance of payments deficits served to157 words
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Article122 1977-12-09 10 TOKYO, Thurs. The dollar for overnight delivery closed slightly higher at 241.50 yen, compared with a 241.20 opening and 241.35 at yesterday's close, dealers said. No central bank Intervention was detected, they said. Trading volume was moderate at $260 million. The dollar for immediate delivery closed at 241.30, unchanged122 words
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Article119 1977-12-09 10 HONGKONG, Thurs. The US dollar dosed little changed from overnight New York levels in relatively quiet two-way trading, dealers said. It was quoted at 2.1625/35 marks compared with 2.1635/45 In the US and at 2.1175/90 Swiss francs against 2.1185/95. The dollar closed unchanged at 241.40/50 yen. Against the US119 words
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Article60 1977-12-09 10 AUSTRALIA/NZ exchanges on Dec 8: AUSTRALIA US dollar 1 1330' 1.1291 Stirling 0 6224/ 0 6155 Ninety-day air mall buying rates Sterling 0 MOT US dollar ***** Ninety-day forward buying rales: Sterling 0 6190 U8 dollar I 1269 NEW ZEALAND Sterling 0 5500/ 0 5470 US dollar *****/ 060 words
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Article78 1977-12-09 10 ZURICH exchanges closing quotes on Dec 7. US 2.1256 1265 Stg 3 8725 8754 Can 1.9157 9370 D Mk 96 00 96 09 D PI 90.96 90 96 P Pr 44 02 44 05 B Pr 6 2299 2364 D Kr 35 41 46 N Kr 40 21 2478 words
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Article323 1977-12-09 10 LONDON, Thurs. Straight Eurobonds traded steady to mixed in varying conditions, dealers said. Eurobond prices quoted on Dec 8: Straight* BM Offer Walter Kidde 8'j85 Pemex U2 IU Overseas Finance 8*87 New Brunswick 884 Selection Trust 8\89 Flat 882 Hydro Quebec 8 92 Flsons 8*4 92 Telmex 9'« 84323 words
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Advertisement168 1977-12-09 10 IMNR MONTHLY ECONOMIC REPORTS With monthly politicol supplement for UP-TO-DATE HANDY REFERENCE S s ASIA RESEARCH BULLETIN This unique publication offers businessmen each month a comprehensive guide to the latest developments that have taken ploce in all important sectors of the economies of countries in East and Southeast Asia. The168 words
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BUSINESS TIMES
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1183 1977-12-09 11 JAPAN INDUSTRIAL EXPOSITION SINGAPORE 77 THE Japanese presence In Singapore is large, growing and increasingly competitive in almost all sectors of the economy. As Singapore expanded, so did the Japanese community in the Republic. It has nearly trebled In size (to 4,0001,183 words
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Article, Illustration638 1977-12-09 11 A DISPLAY OF 3,000 PRODUCTS THE OPENING ceremony of the Japan Industrial Exposition Singapore '77 at the Hyatt Hotel last night was officiated by the Japanese Ambassador to Singapore, Mr Shlnsuke Horll. The exposition, opened from today to Dec 18, will feature the638 words
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Article, Illustration1656 1977-12-09 12 PROBLEM OF TRADE SURPLUS FOR THE past two decades Japan has had a strong and direct interest in the Singapore economy and the relationship between the two countries had expanded steadily and generally to the mutual benefit of both. In short, the present1,656 words
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Article, Illustration2933 1977-12-09 13 The contribution made by 213 Japanese enterprises to the economy of Singapore last year amounted to a paid-up capital of ***** million an Increase of 3 per cent over the previous figure of $584 million. These figures have come out of an annual survey2,933 words
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Article, Illustration616 1977-12-09 14 JETRO's responsibility towards cooperation In Industrial development with the ASEAN countries will be emphasised In the Japan Industrial Exposition Singapore '77, to be held In Singapore from today to Dec 18. JETRO. or the Japan External Trade Organisation Is a non-profit semigovernment bodv,616 words
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Article, Illustration272 1977-12-09 15 SUMITOMO Metal Industries. Ltd. now ranks among the world's foremost integrated steelmakers and Is capable of turning out 20 million tonnes of crude steel a year. The company produces varieties of steel products. Including rolling stock parts, steel castings and forglngs, steel tubes and pipe, flat-rolled272 words
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Article, Illustration222 1977-12-09 15 IN THE PAST, high-pressure gas cylinders were carried into each section of a hospital, such as surgery, obstetrics, etc., for use at patients' bedsides. Now, however, the Uni Central Piping System developed by Central Uni Co. has made it possible to connect pipe outlets in each222 words
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Article, Illustration967 1977-12-09 16 NIPPON Electric Co Ltd was formed in 1899 with 92 employees manufacturing telephone-related equipment. Today, the company has grown into a high technology product manufacturing concern with over 60,000 employees in manufacturing bases all over the world. NEC markets more than 14,000 different products in967 words
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Article, Illustration202 1977-12-09 16 THE OUTSTANDING advantage of screen printing is that it is capable of printing on material of virtually any type or shape such as glass, plastic, resin and metal, using all types of ink (water, oil and synthetic resin). This particular printing is also applied to milk bottles,202 words
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Article, Illustration101 1977-12-09 16 THE ROA-113 Auto-Head Router is a high-precision router machine of very simple and compact construction, with a spindle that moves up and down instantly when the foot pedal is pressed. The spindle runs on angular contact bearings to prevent vertical thrust. The bearings are cooled by a101 words
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Article, Illustration383 1977-12-09 17 PRECISION TOOLS FOR MEASUREMENT SOME 40 years ago, the very first micrometer to be manufactured in Japan was made by Mitutoyo Manufacturing Company. Since then, the company has developed into "the largest manufacturer of precision tools in the world". Its organisation now embraces five383 words
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Article, Illustration336 1977-12-09 17 MITSUBISHI Heavy Industries Ltd of Japan has introduced a large-sized forklift. the Mitsubishi Forklift FDSD to better handle large-size loads. With the rationalisation of physical distribution, the size of materials that need to be transported have become increasingly large. Mitsubishi, recognising this, has come up with336 words
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Article, Illustration300 1977-12-09 17 DEVELOPING countries are trying to animal protein from marine resources to cope with their rapidly increasing populations. Their first step is to promote coastal and offshore fishing by the use of conventional boats newly furnished with motor power. Initially, some of these countries concentrated on deep-sea300 words
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Article, Illustration947 1977-12-09 18 CARS ARE indispensable to the way of life in a modern society. However, the rapid increase In the number of cars in recent years Is causing serious social problems, and the solution of these problems has become an imminent national task. The Agency947 words
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1291 1977-12-09 18 STEPHEN BRONTE - In the land of the rising yen, there is much concern that Japanese exports, now the scourge of the industrialised world, will lose some of their competitive edge because of higher prices. Any benefits from the stronger yen are much overshadowed by1,291 words
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Article, Illustration404 1977-12-09 19 MANPOWER (S) Pte. Ltd.. Is very proud and so they should be. They have provided all the temporary staff for the JETRO Exhibition. The booth attendants who will be presenting themselves in specially designed costumes and who have undergone stiff. Intensive training not only on404 words
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Advertisement171 1977-12-09 11 ''■tr#* Industrial Exposition Sin&anore'77 December 9-18 i a n n *****t u u vv You 11 find NEC booth No. 17 in the Hyatt Singapore Hotel. See demonstrated/displayed an exciting array of advanced electronic equipment and components including: NEC System 100 Office Computer. This LSled system ranks as one of171 words
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Advertisement5 1977-12-09 11 jflmn IHDUSTRIAL exposmon SlflGflPORE 775 words
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Page 12 Advertisements
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Advertisement249 1977-12-09 12 o Choosing a SLR Camera The smaller the better The smaller the Camera, the greater your freedom. There's less bulk to carry, a much more natural fit in your hands The way the Pentax MX feels and handlss. MX is so small, so light, so strong and so superb to249 words
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Page 13 Advertisements
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Advertisement549 1977-12-09 13 9-day exposition on products and technologies of 141 exhibitors at Hyatt Hotel Singapore from December 10 to 18. Open daily to the public from 1.00 p.m. to 8.00 p.m. on weekdays and from 11.00 a.m. to 9.00 p.m. on Saturdays and Sundays. Admission is free for all programmes. A visit549 words
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Page 14 Advertisements
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Advertisement231 1977-12-09 14 J; o <_•?■> jw\ v S#»'' <-:■ ■Kit >" A .> lifi I-:/:,- ;> tfr'f.") -,ti» »¥»t- t'u- f > r/r-c :< > m I ifi 1 6 r*' ;'ft| ft*l J ;-v i»: l. 't i ■'fi-lo! M w V X* Shopping at Tigress is exhilarating The names, the231 words
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Page 15 Advertisements
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Advertisement476 1977-12-09 15 Sumitomo welcomes you to JAPAN INDUSTRIAL EXPO, SINGAPORE '77 tru ted ste f ma J YOU tO Welcome to booth no. 12 at the Japan Industrial Expo, EXPO Singapore' 77. As an internationally famous and trusted steelmaker, Sumitomo invites you to see and inspect our wide range of steel products.476 words
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Advertisement294 1977-12-09 16 1 V I s i A I# 3 SB Pi f^lj 0* 5* a it* XV > >« S5 y* iH HIUCREST Presenting ARCADIA "CATTLEYA" Gracious living in conckmrinhnn IA tower of elegance r i r 1 r r IBM mill) iiiic IHIIIIf mint mi mini' 111 l iiiiiir^ e294 words
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Page 17 Advertisements
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Advertisement238 1977-12-09 17 r'\ V V ■V ®i 3 fi' lIS'JE y >• r m ->v •*rr FUJITSU MAIN PROOUCTS Telephore E*cha xje Equipment Carrier Transmission Equipment Radio Communcation Equipment ft Space EJectroncs Systems EJectromc Computers Peripheral Eauicxnent iFArow, IBififiMBIHMMrW flTkatariranh fL rWafa Pm nnmont f"1 rv>rr>r-#. rrw./o o Telegraph Data Communcatoon Equipment238 words
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Page 18 Advertisements
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Advertisement92 1977-12-09 18 pHITUTOY? [precision measuring instruments! f 1 i Sole Agents for Singapore Malaysia REGION SUPFUERS PTE. LID Dl 6-18, Maritime Building, Collyer Quay, Singapore 1 Tel: *****7,*****. 24 Jalan SS 2/10, Petaling Jaya, Selangor, Malaysia Tel: (03)*****6. ULTRA PRECISION VENTTYPE MODEL IS-22P.V. HIGH CYCLE MODEL IS-80C PRESENTING ITS LATEST INNOVATIONS IN92 words
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Advertisement281 1977-12-09 18 T 3 h DAIHATSU Loading Capacity/ Whaats 19 Single Rear 24 Double Raar 3-3 TONNE H Double Raar Wheals Engine Patrol 1600 CC 62 KW/ 5,400 r.p.m. (83 HP) Diesel 2S3OCC 52 KW/ 3.800 r.p.m. (70 HP) Patrol 2000 CC 73 KW/5,200 r.p.m. (98 HP) DiaMl 2530 CC 60 KW/281 words
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Page 19 Advertisements
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Advertisement1075 1977-12-09 19 JAPAW INDUSTRIAL EXPOSITION SMGAPORET? PROGRAMME The depth and quality of Japanese industrial technology will t>e highlighted under the theme of "Cooperative Development Through Industrial Technology" at the Japan Industrial Exposition. The exposition is designed to contribute to the industrial development of Singapore and other ASEAN member countries. It is also1,075 words
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Article483 1977-12-09 20 CALL FOR NEW UNIT Reuter, AP. DOHA, Thurs. The United Arab Emirates (UAE) is concerned about the fall in the US dollar value and will raise the matter at this month's meeting of Opec. Oil Minister Mana Said Al-otelba said at the end of a tourReuter,; AP. - 483 words
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424 1977-12-09 20 NYT. VIENNA, Thurs. The oil exporting countries are increasingly investing their surplus cash directly In developing nations, rather than through American banks. Disclosing this an Arab official here, Mr. Ibrahim Shihata, noted that the vast cash from oil royalties had been flowing steadily intoNYT. - 424 words
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Article246 1977-12-09 20 AFP, Reuter. TOKYO, Thurs. Japan Air Lines will soon lower yen-quoted International air fares with the yen's recent appreciation against the American dollar. The move Is In compliance with the fair Trade Commission's (FTC) request regarding JAL fares, according to the Transport Ministry. JAL, theAFP,; Reuter. - 246 words
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Article124 1977-12-09 20 COLOGNE, Thurs. Countries participating in world trade should have a serious word with the US about its latest dollar slide on foreign exchange markets. Otto Wolff von Amerongen, president of the German Association of Chambers of Commerce, said the sharp fall in the US currency's value124 words
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Article146 1977-12-09 20 THE SIX gateways in Singapore's port will be capable of handling all the sea-borne cargoes passing here until the 1980s if present trends in sea trade continue. The Port of Singapore Authority has earmarked about $650 million over the next four years for the146 words
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342 1977-12-09 20 THE EEC's main objective in the bilateral negotiations with textile exCrters is to preserve the ultl Fibre Agreement (MFA), said Mr Wilhelm Haferkamp, the vice-pre-sident of the EEC and also its commissioner for external relations. He also said that the Community could not342 words
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347 1977-12-09 20 STAFF PROMOTIONS are a good thing, but the manager must always be aware of the true capabilities of his subordinates. otherwise, he will likely be the unwitting instrument of the Peter Principle which says that sooner or later, almost >everyone will reach his "level347 words
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Article154 1977-12-09 20 SINGAPORE-MADE products will be given a big promotional boost in the domestic market when the Singapore Manufacturers' Association (SMA) launches the Singapore Stamp Marathon in March 1978. This Is planned as a follow-up to the Singapore Fair '77, and is expected to be the biggest154 words
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Article820 1977-12-09 20 LONDON Thurs. The miners' executive decision to abide by the government's twelve-month pay rule and allow local Incentive schemes led to firmer trend In the stock market though activity remained subdued. Government bonds firmed a net 1/4 point in response to the miners' ballot and sterling's Improved showing.820 words
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545 1977-12-09 20 AP, Reuter. TOKYO, Thurs. Japan, facing world criticism over Its huge trade surplus, explained Its new surplustrimming measures to the United States. Britain and Europe. Mr. Nobuhiko Ushiba, Minister in charge of external affairs, gave separate briefings to US Ambassador Mike Mansfield, British AmbassadorAP,; Reuter. - 545 words
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Article, Illustration317 1977-12-09 20 SINGAPORE and Russia signed the third programme for Cultural and Scientific Exchanges on Tuesday at the Ministry of Foreign Affairs. it provides for exchange of visits by cultural und sports groups as well as of art exhibitions, films, television and radio programmes. Mr.317 words
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Article447 1977-12-09 20 THE first conference of the Asean Federation of Accountants (AFA) will be held In November next year In Bagulo, Philippines. It was decided yesterday the third AFA council meeting held here. The host country, Philippines, picked Nov 28, 1978 for the meet and the first choice447 words
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Advertisement43 1977-12-09 20 BEST TEPPAN-YAKI STEAK! h S. 9 SINGAPORE OK OH Japanese Restaurant 4tti Fir, Supreme House, Penang Road. Tel 32 7661 sat OKOH OF GINZA Japanese Restaurant Bwmtnt. Hong Leong Bldg Raffles Quay. Tel *****81 KATSURA Japanese Steak House Orchid Inn. Ounearn Rd *****243 words
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Advertisement202 1977-12-09 20 Why everyone wants tocopyour copier. Until now, a good Quality copy was a question of price. The only way to obtain a clear, sharp< deep blaek copy was to invest in an expensive plain paper copier. Then came our Omega 303 —an electrostatic copier that competes in performance with the202 words
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