The Business Times, 21 February 1978

Microfilm: NL9611
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 TUESDAY, FEBRUARY 21, 1978 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Judgement reserved
      81 1 Reuter LONDON, Mon. The House of Lords today reserved Judgement in the case of British businessman Richard Tarllng, who faces extradition to Singapore to stand trial on criminal charges arising from the activities of a trading firm he headed there. After hearing 16 days of legal argument, five
      Reuter  -  81 words
    • Article
      Iran's oil stand
      39 1 KUWAIT, Mon. Iranian Finance and Economy Minister, Mohammed Yaganah was quoted saying Iran will insist on keeping oil prices frozen during the second half of this year when Opec ministers hold their mid-year conference In Vienna.
      39 words
    • Article
      Lock icon EEC pressure
      52 1 AFP BRUSSELS, Mon. The European Economic Community intends to keep up pressure on Japan to achieve a reduction of last year's huge Japanese trade surplus with the EEC. Community sources said yesterday last week's preliminary talks between an EEC commission team and Japanese officials in Tokyo had been
      AFP  -  52 words
    • Article
      Lock icon US coal pact
      69 1 AP WASHINGTON, Mon. The striking United Mine Workers Union today reached a tentative contract agreement with a major independent coal producer as President Carter prepared to consult Congress on "definitive" action to end the 77-day-old soft coal strike. Administration officials and union leaders said they were hoping
      AP  -  69 words
    • Article
      Lock icon Tilt towards China
      47 1 UPI TOKYO, Mon. The Soviet Union has expressed serious concern about Japan's leaning toward China, government sources reported today. The sources said Moscow's anxiety stemmed from reported Japanese moves to resume longstalled negotiations for conclusion of a peace and friendship treaty with Peking. UPI
      UPI  -  47 words
    • Article
      Lock icon KL rice hike?
      61 1 Reuter KUALA LUMPUR, Mon. The Malaysian government may increase the price of rice to help reduce the loss suffered by farmers due to the drought, Minister for Public Enterprises Datuk Mohammed Yahya told farmers. Meanwhile the secretary-general of the ministry, Yang Marl Kamaruddln said Malaysia hopes to
      Reuter  -  61 words
    • Article
      Lock icon Coal for Japan
      55 1 UPI TOKYO, Mon. The government-financed Electric Power Development Co. said today It has agreed In principle to import steaming coal over 10 years from 1981. The company said two Australian suppliers will provide 300,000 tonnes in fiscal 1981, beginning on April 1, and 800,000 tonnes annually over
      UPI  -  55 words
    • Article
      Lock icon Interests rates fall
      58 1 UPI TOKYO, Mon. Interest rates charged by major commercial banks on business loans hit an alltime low of 6.295 per cent per annum on the average in January, down 0.041 per cent from December, the Bank of Japan Teported today. The previous low of 6.318 per cent
      UPI  -  58 words
    • Article
      Lock icon India's growth up
      48 1 Reuter NEW DELHI, Mon. President Sanjiva Reddy said today the Indian economy is well placed for rapid advance in the next financial year, starting April 1. The rate of economic growth had risen to 5 per cent this year against 2 per cent in 1976-77.
      Reuter  -  48 words
    • Article
      Lock icon Concorde viable
      68 1 AP PARIS, Mon. Air France firmly believes Its four supersonic Concorde airliners will pay their way within two years, and has no intention of halting or reducing its Concorde services, a spokesman, Lambert Mayer, said. "We are convinced the plane will be economically viable by 1980. This is
      AP  -  68 words
  • Chief Price Chances
    • Article, Illustration
      In Singapore yesterday
      169 1 Rites Most active Supreme Corps Sentoaa API Me*a Chem Dutch Baby 'Nat Iron 292 225 12 +8 AP 1 Haw Par 280.000 105,000 112 +6 F. Merlin 66.000 102 137 338 +4 +3 +2 +2 Apollo 03,000 Total Tumorer. 1.38 M U1C 229 Total Value: S2.23 M
      169 words
  • Article
    More deals enjoy tax concessions
    611 1  -  BOOST FOR ASIAN MART By SOH TIANG KENG THE Government has announced new tax concessions which will give a big boost to the Asian dollar market and enhance Singapore's status as a loan syndication centre. Under the new measures, the Government has extended its 10
    611 words
  • Article
    Bowater takes stock of Temenggong
    311 1  -  By JOHN TAN BOWATER Corporation is to acquire compulsorlly the remaining shares of Temenggong following acceptances for 97.24 per cent of the issued capital. Announcing this yesterday, Baring Sanwa. which is acting for Bowater, said that as provided under Section 180 of the Companies Act,
    311 words
  • Article
    Lock icon Eidai collapses with $1.7b in liabilities
    507 1 UPI AFP EIDAI INC, the largest Japanese maker of plywood and pre-fabrtcated housing construction material* on Monday, announced a virtual bankruptcy, making It Japan's biggest post World War II business collapse with liabilities amounting to at least US$75O million (SSI.7 billion). Ryuzo Kawakaml. president
    UPI; AFP  -  507 words
  • Article
    Lock icon Asean urged to diversify trade
    244 1 Reuter MEMBERS of Asean should diversify their foreign trade relations and not remain heavily dependent on trade with the United States and Japan, the leader of a Swiss trade mission said in Bangkok yesterday. Mr. Klaus Jacobl, heading a goodwill mission on a tour of
    Reuter  -  244 words
  • Article
    DOLLAR PLUNGES TO NEW LOW
    121 1 THE US dollar plunged to record lows against the Swiss franc and West German mark yesterday following the breakdown at the weekend of talks aimed at ending the lengthy coal strike In the United States. An atmosphere of general uncertainty appeared to grow, and the
    121 words
  • Article
    Metro to reopen at Marine Parade
    307 1 METRO Holding* fa to reopen its Marine Parade branch after having announced its intention to close it down for good barely six week* *K° According to market sources, the company's change of mind was the result of a lower rental for the same premises
    307 words
  • Article
    Airlines not allowed to handle cargo at Changi
    417 1  -  ■y SIVA ARASU AIRLINES will not be permitted to handle their cargo once the airport is shifted to Changi In 1980. Cargo as well as apron handling will be done by either Singapore Airport Terminal Services (SATS) or Changi International Airport Services
    417 words
  • Article
    Supreme jumps
    147 1 SUPREME Corporation was again subjected to speculative activity yesterday with the share rising 12 cents on a small turnover of only 10,000 units on the Stock Exchange of Singapore. Stock broking sources attributed the bullishness to the work of the syndicates who have been pushing up Supreme's price
    147 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      30 1 ©Wiyfoong MAF A lending hand when Wayfoong Mortgage you need and Finance (Singapore) Limited It lllOSt Shaw House. Ground Floor. 354 Orchard Road. Singapore 9. Tel: *****7. SEE PAGE 3
      30 words
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      Page 1 Advertisements Column 2
      38 1 CITROEN CX 2400 PALLAS has proved to be such a cartough efficient elegant ÜBS* m*** in] HEnRV nnc ncEnties pie itd BRUNEt AGENT RELIANCE DISTRiBuTOHS 144 B JALAN CHEVAIIER. BANDAR SF Bl BEGA W A BRUNt: TEL *****
      38 words
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      Page 1 Advertisements Column 3
      82 1 YARD industry bearing up TAKING the risk out of comweU 2 modity futures 4 AMERICANS eye Singapore as SENTOSA Plywood plans service centre 2 rirhta 11 How Edward Boustead sowed TAN CHONG shares' rev" up 11 the seed of a conglomerate 6 POUR Swedish companies to IMPLICATIONS of Singapore open
      82 words
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      Page 1 Advertisements Column 4
      6 1 SEE PAGE C SEE PAGE 3
      6 words
    • Advertisement
      Page 1 Advertisements Column 5
      160 1 u-Bix COMPLETE COPYWG SYSTEM APS ELECTRONICS (PRIVATE) LTD SINGAPORE 'Jm *****4 (5 tm«si APS ELECTRONICS (M) SDN BHO KU*LALUMPUfI Tet 03-*****0 dS£dn«~ BUSIfIESS QUARTER! The Autumn issue of the ASEAN Business Quarterly includes a 5-page analysis of ASEAN's urea projects and finds these to be less than viable (12 tables)
      160 words
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  • TRADE AND INDURSTRY
    • Article
      MEMO PAD
      167 2 COURSES AND TALKS DATE8 TITLE LOCATION ORGANISER Feb 13 Mar 31 Administrative management YWCA, Marine Parade University of Singapore 27,28 Finance for sales and marketing management Hilton Consulasla Mar 1.2 Maximising profitability from major customers Hilton Consulasla Mar 4 11 Business strategy Formulation and Implementation SIM Conference Room
      167 words
    • Article
      Industrial hearing adjourned
      84 2 AN INDUSTRIAL Arbitration Court hearing yesterday on the dispute between Preston Corporation and the Singapore Industrial Labour Organisation about the company's dismissal of seven workers was adjourned to Thursday. The court president, Mr. Tan Boon Chiang granted the adjournment request by Mr. N. Somanathan, the NTUC senior
      84 words
    • Article
      TOP CHEF FROM PARIS COMING
      103 2 PAUL BOCUSE of France, reputed as the world's greatest living chef, is visiting Singapore in April to judge a cooking competition at Food Asia, a food, drink, catering and hotel equipment exhibition to be held at the Hyatt Hotel. About 200 companies will take part
      103 words
    • Article
      Shipyard industry is bearing up well
      498 2  -  By GOH ENG KEE TOTAL output from Singapore's shipbuilding and ship repairing Industry last year is expected to be about $1,350 million. This is about the level achieved In 1976 compared with $1,337 million In 1975, Mr. Bernard Chen, Minister of State (Defence) disclosed
      498 words
    • Article
      China's offshore finds spell big deals
      566 2 By Our Special CHINA Correspondent MAJOR oil finds off China's Hainan Island could spell big business for the region's petroleum equipment manufacturers and shipyards. One of Robin Loh's made-ln-Singapore rigs a US$30 million (SS70 million) Jack-up platform loaded with sophisticated American equipment Is now
      566 words
    • Article
      STORE SEEN AS SERVICE CENTRE
      422 2  -  ■y PETER CHIA THE Americans are looking to Singapore as a potential aircraft service centre and hardware supplier In the South-east Asia region. The director of the US International Marketing Center (USIMC), Mr. Thomas Moore, attributed this to several factors. Singapore, he said, has the
      422 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      101 2 MIBB Jaaks* Lack (above) 1b the current sales manager tor corporate account* of The Mandarin Singapore. She hat taken over from Mlaa Sally Lta who will be leaving Hongkong won. Miss Leek will be responsible for liaising with commercial houses. SINTAT Rent-a-Car has confirmed the appointment of
      101 words
    • Article
      Young, local crop of investors is emerging
      408 2 THE NEXT 10 years may see the emergence of a fast growing core of local entrepreneurs engaged In modern manufacturing and supporting services. "This will be a tremendous contribution by our workers and a breakthrough in our industrial development," said Mr. Llm Cheng
      408 words
    • Article
      Dual goals of Australian team for Offshore display
      393 2 TWO immediate goals for the 48-member industrial contingent from West Australia are to show off its range of manufacturing and Industrial services in the South-east Asia offshore exhibition, and to draw the attention of International oil and natural gas companies assembled here
      393 words
    • Article
      English course
      40 2 THE department of Extramural Studies, University of Singapore, will hold a 15lecture course on Participatory English (every Wednesday and Friday) from Feb 22. The fee is $00. Further details can be obtained from the department at telephone *****6.
      40 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      348 2 FROM FEDERAL PUBLICATIONS L 111 I Mi ftfff //LM I u m /h Ilpi 1 «r IF \f §g=Jr =a a step-by-step guide An easy to understand yet fully rewarding book on flower arrangement. Flora! Creations, with its unusually lucid text and thoughtful illustrations, could make an expert flower arranger
      348 words
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      Page 2 Advertisements Column 2
      0 2 !'.>$}<_&|*^?[/>*`{_>`^}>$+,-$,
      0 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      630 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 4 A car with ten In somehow won't run very fast! 7 Last chance to win a trophy <3, 5) t Time an egg! (0) It Right friend, let's get toKther (3) In no hurry to serve (4) 14 Btora«e place for oils? (4) 15
      630 words
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  • OVERSEAS
    • Article
      Lock icon Venezuela to double oil project investment
      511 3 Reuter FACED with the need to find new deposits of good quality crude oil ana to boost output at existing fields, Venezuela has announced a major oil investment programme. For the first time since It became an oil exporter more than 50 years ago,
      Reuter  -  511 words
    • Article
      Lock icon Average 3.8pc growth for West, Japan
      269 3 Reuter REAL gross domestic product In the US, Canada, Japan and Europe is expected to grow an average 3.8 per cent a year to 1983, significantly below rates achieved before the 1974 crisis. Economic Models Ltd, the London-based economic consultants said In a forecast.
      Reuter  -  269 words
    • Article
      Lock icon Soyabeans for Tokyo delayed
      140 3 Reuter THE Japanese Association of Chinese Soyabean Importers has been informed by Peking that China is unable to deliver about 16,000 tonnes of soyabeans by endMarch following a poor 1976-77 harvest and poor quality. It said the affected shipments. originally scheduled for delivery November/ January, are
      Reuter  -  140 words
    • Article
      Lock icon BOND ISSUE PLANS
      156 3 Reuter THE Trinidad and Tobago government announced plans for three private bond placements and said that on their completion. It would discuss the possibility of public offerings. Mr. Mervyn de Souza, a Minister in the Finance Ministry, told the House of Representatives that the government will soon
      Reuter  -  156 words
    • Article
      Lock icon Manila wants to treat foreigners equally
      242 3 AP A LEADING Filipino economic policy-maker told US businessmen in Manila yesterday that moves they might interpret as discriminating again at Americana are meant to equalise treatment of foreign investors. "We do not think in terms of subtraction in our economic relations with the
      AP  -  242 words
    • Article
      Lock icon Orders for UK industry Weak
      112 3 Reuter TOTAL order books in UK manufacturing industry remain weak, and expect to be unchanged in the next four months. The latest economic survey by the Confederation of British Industry shows that only in diverse sectors such as electronics, furniture and plastics, may there be
      Reuter  -  112 words
    • Article
      Processing of gold
      47 3 THE Introduction of a gold processing industry in South Africa is being examined by the government and the Chamber of Mines. Finance Minister Owen Horwood told Parliament the introduction of such an Industry would take considerable time to develop and would be very costly.
      47 words
    • Article
      Lock icon Carter acts to force strikers back to work
      716 3 NYT THE WHITE House on Sunday night announced that President Carter will seek congressional support for a two-step process to bring the 76-day coal miners' strike to an end. The administration's decision to begin what appeared to be a plan to Invoke
      NYT  -  716 words
    • Article
      Lock icon Economic problems more deep-seated
      926 3 NYT WHILE the immediate difficulties of the US economy, arising principally from the abominable weather, have been attracting the principal share of attention, there are a number of deepseated problems that many analysts say should be drawing closer scrutiny. Most of the recent statistics on the
      NYT  -  926 words
    • Article
      Lock icon BRAZIL SHUTS OUT COMPUTER GIANTS
      1050 3 NYT AFTER months of negotiation with the world's largest computer companies. Brazil has finally decided who will develop a flourishing national market for mini-computers: Brazil Itself. The decision shuts out such giants as the International Business Machines (IBM) from a market that is expected to
      NYT  -  1,050 words
    • Article
      Lock icon Coffee talks open as prices plunge
      404 3 AP INTERNATIONAL talks on coffee prices opened yesterday In London amid signs of a collapse of the world market. Last Friday the price of Robusta-type coffees continued to fall drastically. A Kund of green Robusta lost tween US 3-5 cents a pound on the
      AP  -  404 words
    • WORLD IN BRIEF
      • Article
        Lock icon TAIWAN'S PARTNERS
        608 3 Agencies THE US and Japan remained Taiwan's major trade partners last year, the Taiwan Central News Agency said. Trade with the US in 1977 resulted In a surplus ot US$l.66 billion (S$?TB5 billion), and with Japan, a deficit of $1.51 billion. IN AUSTRALIA new capital spending by companies
        Agencies  -  608 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      31 3 IN SINGAPORE THIS WEEK ONLY Importer and distributor to established retail outlets in Australia seeks additional consumer products, agencies and ideas from Singapore Manufacturers. All inquiries welcome telephone Mr. Cleary 293-3357.
      31 words
    • Advertisement
      Page 3 Advertisements Column 2
      117 3 CD f L A Arab-Malaysian Development Bank MM CHANGE OF ADDRESS AND TELEPHONE NUMBER OUR NEW ADDRESS TELEPHONE NUMBER WILL BE AS FOLLOWS: BANGUNAN DATO ZAINAL 4TH, STH&6TH FLOORS JALANMELAKA P.O. BOX 233, KUALA LUMPUR 01-02 TELEPHONE: *****5 (5 lines) TELEX NUMBERS AND CABLE ADDRESS REMAIN UNCHANGED TELEX: ABMAL MA
      117 words
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  • RAW MATERIALS
    • Article
      LOCAL AND FOREIGN RUBBER MARTS
      213 4 THE Singapore market closed slightly easier yesterday with March One RSS buyers quoted at 201.50 cents per kljo, down 0.75 cent from last Friday's close. Morning prices fell fractionally influenced by the holiday in Malaysia and general lack of interest. The afternoon session lost further
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    • Article
      Closing prices
      14 4 Rubber: Feb 20: 201.50 cents (down 0.7S cent) Malaysia: (Closed) Tin: Closed
      14 words
    • Article
      RAS PRICES
      159 4 Prices in cents per kilo yesterday Noon (per kilo) Close (per kilo) Int. 1 R.S.S. prompt f.o.b. Int. l R.S.S. March Int. 1 R.S.S. April 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 201.75 201.75 202 50 197.50 196.50
      159 words
    • Article
      SSR AND SMR
      52 4 NOON SSR prices yesterday: HAS Mtrck (Current Mth) Buyers Sellers (cents per k«) April (Forward Mth) Buyers Sellers (cents per kg) SSR 20 SSR 50 (1-ton pallet) 193 00 19S .OON (1-ton pallet) 191 00 193 00N 194.00 196.OON 192.00 194. OON The Malaysian rubber market was
      52 words
    • Article
      Gold
      184 4 THE kllobar in Singapore yesterday opened at 5513,502 and closed at $13,585 In the London market, the metal opened at U*****.90/ 180.20. The market rallied throughout the day to close at a high of US$lBl.lO/40 due to weakness in the US dollar. The London morning fix was US$lBl.6O, up
      184 words
    • Article
      Produce exchange
      203 4 TRADING was quiet and steady at the Singapore produce market yesterday. All commodities were quoted unchanged from last Saturday by the Singapore Chinese Produce Exchange. Small lots of five to ten tonnes of coconut oil were sold by dealers to nearby countries on consumer account. In the coconut
      203 words
    • Article
      Hongkong comex
      425 4 THE sugar market firmed slightly In line with New York's rise on Friday In dull, featureless trading yesterday. March rose USO.IO cents and October 0.07 cents on commission house buying which was met by trade house selling and local speculator stopioss selling. Turnover Increased to eight lots from
      425 words
    • Article
      Rice
      217 4 BANGKOK rice prices were quoted as follows yesterday: (US dollars per tonne fob basis Bangkok:) White Rio: 100 pet 1 st class 402. 100 pet 2 nd class 387. 100 pet 3 rd class 382. 5 pet 373. 10 pet 365. 15 pet 362. 20 pet 357. 25 pet
      217 words
    • Article
      Sugar
      140 4 SUGAR futures in London yesterday opened £0.90 to 11.05 higher than Friday's afternoon closing levels with turnover at 1,220 lots. Market sources said values eased back from Friday's higher kerb which were inspired by the New York rally. But there was little follow-through buying in the morning and this
      140 words
    • Article
      Straits tin
      70 4 TIN in London yesterday rose by £55 (or cash and .£45 for Three Months standard metal. High grade was £55 and £52 up respectively. Values edged higher aided by Saturday's rise at Penang. firmer sterling •gainst the US dollar and European demand, dealers said. Trading was moderately active
      70 words
    • Article
      Copper
      103 4 COPPER wlrebars in London vesterday fell by mostly £6 per tonne. Lower initial pre-market values reflected the New York close on Friday and yesterday's firmer trend In sterling against the US dollar. Weakness in lead and zinc were also unsettling Influences. But the market held steady at the lower
      103 words
    • Article
      Silver
      46 4 SILVER gained 0.4 to 0.7 pence per troy ounce in London yesterday. Strength in gold and firmer sterling against the dollar were the main factors influencing the very steady tone. Trading Interest remained light with about half the turnover of 40 lots resulting from carries.
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    • Article
      Lead
      60 4 LEAD eased by £10 for cash and £8.25 for Three Months In London yesterday. Dealers attributed the fall to a continuation of recent heavy commission house liquidation and stop-loss selling. Offerings were absorbed at the lower levels mainly by short-covering although prices finished near the morning low at £280
      60 words
    • Article
      Zinc
      61 4 ZINC in London yesterday fell by around £12.25 for cash and £13.25 for Three Months. Sentiment was again undermined by falls In copper and lead, dealers said. Despite further West German demand prompted by the lower levels covering against this, business proved Insufficient to prevent prices closing near the
      61 words
    • Article
      Coffee
      196 4 ROBUSTA futures In London yesterday opened £37 down to £17 per tonne up from Friday afternoon's close in sales of 387 lots. Biggest losses were in near-months. Forwards gained. The official tone was "steady." Dealers also said as yet, there had been no counter move to both the Brazilian
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    • Article
      Cocoa
      98 4 TERMINAL In London yesterday opened quite and slightly easier £12.50 to £2.50 down In a turnover of 162 lots. Market sources said prices initially dipped under mixed selling following Friday's lower close In New York and on steadier sterling against dollar. However, some trade buying halted the decline. Dealings
      98 words
    • Article
      More nuts crushed
      73 4 THE combined crushing capacity of Philippines coconut oil mills has more than doubled in the past five years to 9,171 tonnes dally. The United Coconut Association said, on a basis of 300 working days, capacity last year reached over 2.7 million tonnes compared with only 1.2S million
      73 words
    • Article
      Lock icon Spotlight on gold and platinum
      1273 4 AFP WITH the stock exchange declining and currency tension mounting, investors turned their attention last week to precious metals sending gold to a nearly three-year high and platinum to within a pound of its record level of February 1974. Other commodity markets generally remained in
      AFP  -  1,273 words
    • Article
      Dry weather hits soybean crop
      167 4 PARANA state is expected to lose about 15 per cent of Its current soybean crop, estimated at planting time at 5.05 million tonnes, because of dry weather. The State Agriculture Department in Curitlba forecast losses of 10-15 per cent. It said rain fell on Feb.
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    • MONEY AND EXCHANGES
      • Article
        Hongkong
        173 4 THE U8 dollar met further selling pressure In moderate trading yesterday, with the US coal miners strike highlighting widespread weaker sentiment. It fell sharply to 2.0465/ 85 marks from 2.0580/ 90 In New York on Friday In moderate one-way volume, with the morning's easiness extended by early European selling.
        173 words
      • Article
        Eurobonds
        282 4 STRAIGHT US dollar bonds in London yesterday were marked down by up to In line with the weakness of the US dollar against some European currencies. Trading was small and mainly confined to professional operations. Convertibles held quietly steady and floating rate notes were mostly unchanged. EUROBOND prlcct quo
        282 words
      • Article
        Singapore market
        402 4 BOTH the foreign and the local money markets were quiet yesterday, with most of the movement in the forex market seen only after lunch following the entry of London. In the forex market, activity Aas concentrated on the yen and Deutschemark The US dollar opened at 239.95/70 yen
        402 words
      • Article
        Minimum lending rates
        60 4 acbc 7 Firat Chicago t Algemeee Bank 1 Citibank 7% Bangkok Bank j H8BC 7 Bank of America T lndoaun TH Bank of Ckina T Malayan Banking T lUmk of Tokyo i Mitsui Bank 7 Bank N.CV. Inrtnntiit 7*4 OCBC OUB W f Ckartarad Beak 7<* UCB
        60 words
      • Article
        Asian $ rates
        98 4 Asian rates ASIAN rales a* currency depotit interbank at cloae on Pct> 20 ar-i 7<Uy» Imth 3 mUu 3 mUu 6mUu 9 mtlu 12mUu Bm.m. 15/16 15/19 1 1/f 7 ft/19 7 ft/I 7 15/19 DM ■Hna) imui Imttu 9mth* Hatha 3/19 I I 15/19 a 3 1/9 3 1/19
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      • Article
        Discount
        43 4 RAN OS of price* offor homo on rcb 20 ed by <Mi cou Owrnlftit 2 J*% CkH deposit 3W* CM 1 B«yta« 3-Month MUm Treasury txlUj 1/4 l/l 3-Month Bank bill* 47/B (M J-Month CD 51/8 •-Month CD S 1/2 iVt Source:
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      • Article
        Frankfurt
        45 4 FRANKFURT exchanges opening quotes on Feb 20 US 2 0415/30 (2 0910/25) Can 1 8325/00 Sterling 3 982/992 Dfl 92 55/TO 8fr 110 10/30 Lit t 3*0/400 PfT <2 40/56 Nkr S.WN Bfr (com) 6 J7V385 Bfr (fin) t rim Y«1 0 ASM IS
        45 words
      • Article
        London
        506 4 THE US dollar, after hitting record lows In key West European exchange markets, opened very weak in London yesterday with the main depressant the failure of negotiations In the US to end the coal miners' strike. The weaker trend of the dollar against all major European currencies followed its
        506 words
      • Article
        Tokyo
        212 4 THE dollar for overnight delivery closed at 239.50 yen, compared with a 239.65 opening and 239.75 at Friday's close after small Intervention by the Bank of Japan. The Central Bank bought an estimated $10 to 920 million at 239.50 yen to stop a further dollar decline shortly before the
        212 words
      • Article
        Euro $ rates
        57 4 Euro rates TRADINO in Eurodollar deposits in London yesterday was subdued due to the US holiday. Periods were very little changed from Friday's closing levels but with a slightly softer tendency. A fair amount of rollover business was reported In Three Months but the rate held steady. Day-to-day funds also
        57 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      139 4 Don't let the language barrier stop you from wider contacts r or u 9 7 8 A\ "Vt e 5 iJk YOU SIMPLY CANNOT FAIL WITH VISAPHONE. Use it at home, while travel- I ling in fact anywhere and any time that suits you. Possess ing a second or third
      139 words
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  • TRANSPORT
    • Article
      Aid will buoy up repair industry
      1099 5  -  ■y GOH ENG KEE DESPITE the gloom overhanging the industry, Singapore can still survive as a major international shlprepalr centre and also as a centre for small shipbuilding If given appropriate government assistance and institutional support. This was stated yesterday by Mr. Loh Weng
      1,099 words
    • Article, Illustration
      SHIPS IN PORT
      507 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Alps Maru (JGVK) (after Molodogvardsk) 31/32 Bungas Mas (0600) 19 Dugi Otok (after Niaga XI Charlotte Maersk) 35/36 Frotarlo (0200 after Izumo Maru) 46 Murrayeverett (2100 after Vlminale) 18 Ocean Supply (0800 after Kalkoh Maru) 48 Palm Sea Horse (Tanker) (1800 after
      507 words
    • Article
      Lock icon Dispute may upset Airbus deal
      386 5 NYT A US$5OO million (SSI. 15 billion) deal under whicn Eastern Airlines of the United States would purchase European widebody Jets Is being threatened by a dispute over how much use the planes could make of La guard la airport. The upshot of the dispute,
      NYT  -  386 words
    • Article
      SHOWA UNE
      219 5 SHOWA Line Is one of the six biggest Japanese shipping companies. It owns and operates a diversified fleet of huge ore carriers, specialised carriers, tankers, tramps and liners, aggregating more than 5.5 million dwt. Showa Line's Pacific South-West Line and Pacific North-West Line provide two sailings every week
      219 words
    • Article
      Lock icon Australia and US in talks on air routes
      96 5 AP THE United States and Australia opened negotiations yesterday over Canberra's objections to allowing a second U8 carrier on the trans-Pacific air route and growing pressure to reduce fares along the route. The negotiations, being held at Australia's request, followed US President
      AP  -  96 words
    • Article
      Lock icon 1977 safest year for regular air travel
      518 5 NYT LAST YEAR was the safest year for regular air travel, according to a detailed analysis of overall accident figures by the British magazine, Flight International. However, the year also saw some bizarre and tragic Incidents, including one In which a pilot shot
      NYT  -  518 words
    • Article
      Lock icon China builds dry dock
      50 5 Reuter CHINA has designed and built Its first dry dock capable of handling oceangoing vessels of up to 50,000 tonnes at the Shanhaikuan shipyard in the northeastern Hopei provlne, near the Tachlng oilfield. A 24,000-tonne oil tanker had Just been overhauled at the new dock. Reuter.
      Reuter  -  50 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      698 5 ARRIVALS cwrvicf Operator Nam bar Local Time From CAL CI331 0040 TPE/HKO/KUL TMA TL303B 0215 BEY /DXB/BOM/ KUL PAA PA 005 0220 SFO/HKG MAS MH801 0715 KUL MAS MH682 0810 KCH SIA SQI01 0815 KUL MAS MH621 0835 PEN MAS MH607 0645 KUL MAS MH671 0945 PEN/KUL
      698 words
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      Page 5 Advertisements Column 1
      77 5 SHIPPING PAGES Effective today, Business Times publishes the Shipping Pages 5 days a week from Monday to Friday. From March 1, 1978, the Shipping Pages will cease to be published in The Straits Times but they will be published >n Business Times 5 days a week instead. Business Times also
      77 words
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      Page 5 Advertisements Column 2
      384 5 i Hi, 'Mo oI Ml syht oPi 1(X)K THE GREAT BOOKS OF WESTERN CIVILIZATION These are the books that had to burn. For within the GREAT BOOKS are volumes that hold the ideas and thinking that challenge the fettered mind; the thoughts and theories that have built democracies, withered tyrants,
      384 words
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  • Article
    Make safety prime concern for all
    387 6 THE NUMBER of people killed and maimed ln Industrial accidents every year Is appalling, and the situation does not seem to be getting much better despite more checks by the Labour Ministry. Last year, 57 people were killed ln industrial accidents; there were 135
    387 words
  • Article
    Companies trapped
    251 6 DESPITE Japan's success in exports and In accumulating large quantities of other countries' currency, all is not well in Japan. The latest indication of this is the collapse of the giant Eldal group, largest plywood and prefabricated house manufacturer in Japan. A phenomenon combining apparent outward prosperity with
    251 words
  • Article, Illustration
    Edward Boustead's baby is now 150 years old
    1831 6  -  By CHAN BONG SOO EDWARD Boustead, one of Singapore's earliest merchants, was a very busy man. If we are to go by Charles Burton Buckley's "An Anecdotal History of Old Times In Singapore!' published In 1902. He apparently arrived In Singapore fresh
    1,831 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      731 6 Where to wine and dine SNGAPORE HLJON m sinGapura FORUM® HOTEL UU<4balo Hotel Hi Orchard Road, S'pore 9. Tel: *****2 408/407 Havelock Road, S'pore 3. Tel: *****1 Onchid Inn "an oisls in tf>« orl»nt" 214 Dunearn Road, S'pore 11. Tel: *****2 %H Oxley RW Penang Road, S'pore I. Tel: *****1
      731 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      61 6 WEATHER outlook for Singapore from 6 a.m. to noon today: Mainly fair. REPORT for 24 hours prior to 7.30 pm on February 20 ,at the airport. Maximum Temperature 31.5° C Associated Humidity 60 Minimum Temperature 22.6° C Associated Humidity 98 Hours of Sunshine 10.9 Rainfall in Millimetres nil Total Rainfall
      61 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      264 6 i£ SINGAPORE 5 3.00 PM Opening announcements followed by What's My Line 3.25 Diary Of Events (English) 3.30 Afternoon Matinee El Greco Starring: Mel Ferrer, Rosanna Schiaffino, Adolfo Celi (pt. 2) 4.15 Science Report 0 4.30 Intermission 6.05 Opening announcements followed by The Road Runner Show 0 6.30 News in
      264 words
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  • Article
    Reclassification is a threat
    1476 7  -  The Economic and Social Commission for Asia and the Pacific (Escap) has just issued its Economic and Social Survey. for 1977, a major document for the debate at the Commission'B 34th session, from March 7-17. The survey indicates that although growth in the region was sustained
    1,476 words
  • Article
    Stress on long-term aims
    1140 7 jThe international "'economic crises and developing Asia and the Pacific SbEVELOPING countries view with concern the •progress that the inter""jiational economy is taking. Despite the economy •improving last year, economic growth still lags below formal growth rates, there Is widespread excess capa- city, unemployment re- mains
    1,140 words
  • Article
    STRAWS IN THE WIND
    303 7 MY COLLEAGUE John Tan refers to MP Ho See Beng's debating talents today (see this page) these were particularly In evidence at the recent session In Parliament when he asked Dr. Tan Eng Liang; senior Minister of State for National Development, If WChere was any justification
    303 words
  • Article
    Problem of aged and machines
    883 7  -  FORUM J ...on economics ly JOHN TAN MR. HO See Beng. MP for Khe Bong, Is obviously well at home In the cut-and-thrust of good Parliamentary debate. Last month, he revealed some of his talent when he asked the Labour Minister what skills bar girls
    883 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      405 7 ■f-aft mm 3 m HOTEL MERLIN SINGAPORE 7500 Beach Road. Singapore 7 Tel: *****11. MING COURT HOTEL Tanglin Road. Singapore 10 Tel. *****3. HOTEL MIRAMAR 401 Havelock Road. Singapore 3 Tel: *****2. HOTEL NEGARA 15 Claymore Drive, Singapore 9 Tel. *****1. OBEROI IMPERIAL HOTEL I Jalan Rumbia, Singapore 9 Tel:
      405 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      56 7 BriStcJW: Frank Di ckenS 255 f^fefcwooiTN me kudgg J NeS -THOS£ &LOND\N\ BfcCFUfctS Cj£fcT*\Nl>| IKNQO Ty*e>g SToff s* I'm OUST f©miß»HG> "Me N&U) ejntHSioi is fttortG rCP»NT S&L THEm PiT PROeP&LV HIGH UP P*T CPOc Someu>M£P£.. Houi CfHM V>X3fcV£ w Tms gro\L»NG> Hem SeSOUD rr\e >•>» ■c*Jr LLU i si
      56 words
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  • INTERNATIONAL STOCK MARKETS
    • Article
      Lock icon Taking the risk out of commodity futures
      958 8 NYT NEW YORK: Commodity traders have long described Investors in securities as nothing more than speculators labouring under the illusion of permanency. That kind of reasoning has found expression In the newest Inyestment vehicle in Wall Stseet: a mutual-fund-type approach to commodity futures.
      NYT  -  958 words
    • Article
      Lock icon Outside help for executives
      909 8 NYT NEW YORK: To all appearances, Edward Reed had It made. Scarcely 40, he earned a six-figure salary at a blue-chip corporation where he managed millions of dollars a day. But Reed not his real name was In deep personal financial trouble as a result of
      NYT  -  909 words
    • Article
      Lock icon CHEMICAL FIRMS IN HOT SOUP
      575 8 Reuter ROME: Heavy losses, high debts and a series of legal, financial and Industrial scandals are tearing apart Italy's powerful chemical industry, threatening the Jobs of thousands of workers. Top officials of Sir Italy's third largest chemical group and of the stateowned banks which have
      Reuter  -  575 words
    • Article
      Lock icon Bearish news
      503 8 Tokyo Source: DBS-Daiwa AFFECTED by the news of Eldal Sangyo submitting an application for corporate rehabilitation. issues whose business are expected to deteriorate were sold yesterday. Due to investors' concern about the stronger yen rate, most export-related Issues edged down In small-lot selling However, Sony was bought by
      Source: DBS-Daiwa  -  503 words
    • Article
      Lock icon Measuring a firm's social performance
      778 8 NYT WASHINGTON: At Duke University In North Carolina last October, Secretary of Commerce Juanlta M. Kreps told a gathering of the nation's leading businessmen that the Commerce Department would develop a social performance Index to give them a way of appraising the social effects of
      NYT  -  778 words
    • Article
      Lock icon Treasury bills can be rewarding
      642 8 NYT MORE often than not over the last dozen years. Investors whose objective was high yield and minimum risk would have been better off In United States Treasury bills than In regular day-to-day savings accounts. The realisation that Treasury bills and other short-term Investments can
      NYT  -  642 words
    • Article
      STP Corp pays penalty
      225 8 THE STP Corp. has agreed to stop making some advertising claims for Its motor oil additive, to pay a civil penalty of US$5OO,OOO and to pay an additional $2 million to publicise the settlement under a consent Judgment obtained by the Federal Trade Commission. Without admitting
      225 words
    • Article
      Hongkong
      302 8 THE stock market vaj Uttle chanjpd in wry quiet, featureless trading yesterday, dealers said. The Hang Seng index was up 2.02 to 412.08 Turnovers on the four exchanges totalled 515.06 million as compared to 18.52 million previously. FU HK* Amai Rubber AaocMM Hotcll 1 MB 160 UOCtl CheoncKonc j
      302 words
    • Article
      Sydney
      251 8 THE itock market cloMd weaker yesterday with leading Industrials and miners dropping on lover metal prices ana lack of incentive, dealers said. The Sydney All-ordinaries fell 2 73 to 4U.M. no Oenu MDUVTUALa A.C.I A.N.I A. P.M. 1M unch 141 unch 115 unch Bulk NSW Bom 12 unch MO
      251 words
    • Article
      Manila
      100 8 THE stock market closed mixed yesterday with commercial averages posting slight pains while minings and oils were down, dealers said. ra Paaoa Aco)c Mining 007» unch AUuCoci A 13.80 -0 4 AUuCon B 13.90 B&ruloOoM 0071 -0 0004 BenguetCon. B 21 ao +0.6 BF Goodrich CDCP 11.(0 -0.2 Inco
      100 words
    • Article
      Bangkok
      114 8 jPHHB Bata m -u Berll Jucker Carpet In till 4tt Charoonf Thai Win fll -B Duma Dutft ThalU m -1 Fa bar Merlin rim Tnial Oenera rinance 44* -14 Into-TMt Industrial Finance i Corp Wl J And J Ho m -M Mi|llll*l» Cement Ml -1 i Karnasuta 03 -1
      114 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      107 8 The Love of ooking n «A > yf 7. m w M f'/ Ni. I I r Kmwth Lo, tho wad-known CM writer, tntroducoo tho raador to tha CMmm cooking. Mid qlvn an Im uniquo way ol Mtlna. Bootnnlnfl wl st wiy of MtktQ« Beginning wl tin courxi. li# proormii
      107 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Landis and Gyr make recovery
      384 9 EUROPEAN COMPANIES A MARKED Improvement in business Is announced for the past year bv Swissbased electrical engineering concern, Landis and Oyr. In a letter to shareholders, parent company Landis and Oyr AO, of Zug, says that 1977's favourable results will permit an Increase of dividend
      384 words
    • Article
      Lock icon BELGIAN FAIREY STAKE
      112 9 Reuter BRUSSELS: The Belgian government will take a 45 million franc stake in the 100 million franc capital of a new company to be established to preserve the military aircraft construction side of Fairey SA, Prime Minister Leo Tindemans said. The remainder will be split between four
      Reuter  -  112 words
    • Article
      Lock icon Lloyds Bank declares higher dividend
      241 9 Reuter LLOYDS Bank ha* declared a dual dividend of 4.9384 p (4.4220 p) making 9.0884 p (8.1370 p). Pretax profits include £19.09 million (£12.76 million) from associate*, tax of £78.18 million (£75.04 million) and minorities of £404,000 (£353,000). Extraordinary items show a credit of £482,000
      Reuter  -  241 words
    • Article
      Robeco dividend unchanged
      165 9 ROBECO, the large Dutchbased Investment complex, is proposing to pay an unchanged final dividend, amounting to a 3 1/3 per cent distribution in stock from the share premium reserve for the year 1977. Shareholders preferring a cash dividend may alternatively have an unchanged final cash payment of
      165 words
    • Article
      Unions asked to honour uranium deals
      351 9 ASIAN COMPANIES THE Australian Council of Trade Unions Executive has recommended to a special conference here that unions withhold labour on new uranium projects, pending talks with the Government on safeguards and aboriginal rights. The executive also recommended that the unions honour existing uranium
      351 words
    • Article
      Sony to set up Dutch unit
      179 9 TOKYO: Sony Corporation announced that It will establish a new subsidiary in the Netherlands for the sale and development of broadcast video equipment. Sony Broadcast 8.V., Sony's new subsidiary with an authorised capital of 12 million Dutch guilders will be headed by Mr. Howard
      179 words
    • Article
      Bulk malt for Suntory
      274 9 A DEAL between Seagram, the Canadian drinks group, and Suntory of Japan, has ensured that Suntory continues to get essential supplies or bulk malt whisky from Qlenlivet Distillers of Scotland. But it is a setback for those campaigning to end the-Scotch whisky industry's shipments of bulk
      274 words
    • Article
      Lock icon Lance not named in Financial General purchase
      752 9 NORTH AMERICAN COMPANIES NYT EUGENE J. Metzger, a Washington lawyer and stockholder in Financial General Bankshares Inc., said that he had recently purchased between 15 and 20 per cent of the stock in the bank holding company on behalf of a group of
      NYT  -  752 words
    • Article
      Lock icon Time profit up sharply in fourth quarter
      200 9 Reuter TIME, Inc. reported sharp gains In profits for the fourth quarter and for the year, paced by Its magazine and book publishing business. Time said its fourth quarter profits jumped 30 per cent above the yearearlier period to US$3l million, or $1.51
      Reuter  -  200 words
    • Article
      Lock icon Halliburton to spend more
      94 9 Reuter HALLIBURTON Co said It ha« budgeted US$4l4 million for 1978 capital spending, up from $273.4 million Tast year, and over half will be spent by the oil field services and products group. Halliburton noted its 1977 earnings gain to $355.1 million from $305.5 million a
      Reuter  -  94 words
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      Page 9 Advertisements Column 1
      120 9 f-H/-m a# 3*% *> r V>v» -v. fypf' :<-A fipi -V >~- SINGAPORE .«*?i NSRI iff s»l. PROSPERITY That is Singapore Business* wish to all our readers for the Lunar New Year. Our glossy red-and-gold package for you, the Singapore Business Yearbook 1978, contains valuable overviews and projections on Asean
      120 words
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  • Article
    Transactions in Singapore
    1098 10 BID and offer prices officially listed and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares Waded shown in brackets in ots of 1.000 units unless othervise specified. All Time Settlenent Contracts are quoted after the world "sett." Big Board
    1,098 words
  • Article
    Government bonds
    134 10 4 3/4% 1/5/79 (250.000) (100.628 100.70S) 5 1/4% 15/10/79 (250,000) (101.178 101.255) 4 3/4% 15/9/80 (250,000) (99.538 99.585) 6 3/4% 1/12/80 (250,000) (103.70B) 5% T F 15/4/81 (250,000) (101.60B) 5% T F 15/10/81 (250.000) (101.55B) 5% T F 1/5/83 (250,000) (100.108 100.20S) 5 V 4% T F 15/6/81-84
    134 words
  • Article
    Stock options
    364 10 BTRIKINO 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. Cold Storage (March-$1.70) (0 258 0.308). (June $1.70) (0.28B0.388) C aad C (March $2 20)
    364 words
  • Article
    Unit trusts
    157 10 SINGAPORE UNIT TRUST INCOME BOND UNIT (Maaagert* prim far Feb 21) (Unreal pr 1cm) 1.16 The Commerce 178 189 INCOME BOND 1.09 The Saving Fund S pore Prof Fund 1.10 1.17 0 84 0 89 MARA BUMIPUTRA FUND U Fail 91 S pore Security I Fund S pore
    157 words
  • Article
    Lock icon Switchboard that keeps the phones ringing
    691 10 NYT IT WAS 9 am. The US east coast was waking up. Phones were jangling. Orange and red squares were dancing up and down the board. Meanwhile, the west coast was asleep. It was 6 am there. There were no squares flipping. The midwest
    NYT  -  691 words
  • Article, Illustration
    Trading opens on a quiet and barely steady note
    570 10 TRADING OB the Singapore .tock market began this week on a qui* «d barely steady note yesterday with turnover shrinking considerably. Activity picked np fractionally in the afternoon in contrast to a very dull morn'"LTKd.y's downtrend among the blue chip* appeared
    570 words
  • Article
    SHARE INFORMATION SERVICE
    2299 10 1977/1978 High Low Company Last Sale +«rCr's Div Div Gr'i Y'ld Net P/E Vol ('661 Day I) Hick Low 8ECTION ONE INDUSTRIALS 155 266 119 260 88* 219 169 291 422 146 132 165 58 212 57* 155 144 182 350 91 Acma Alcom Allied Choc Bata
    2,299 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      123 10 ne studv with W)lsey Hall OXFORD Institute of Administrative Management Institute of Bankers Inst of Chartered Secretaries N Administrators Inst of Statistic ans London Chamber of Commerce Si Industry HSC GCF A Level MCE SCGCE O Level London AEB GCE A O Level? Modern Mathematics for Teachers Foulks Lvnch LONDON
      123 words
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  • COMPANY NEWS
    • Article
      DIVIDENDS ANNOUNCED
      122 11 nt Al W*M c?£r fc« HtlM fai IM MI Ma IM rtl* Mrti MI UnX MS MSI ax 8% IM M JM «M»n] M M >• MJ fWJ Jinn VM14 M\« MSI MTT Mir 1 WUr J Iter S *tM l*W X SS jmmmrnma HBmIN lMfbi M2 MIS
      122 words
    • Article
      Sentosa Plywood plans to make rights issue
      944 11  -  •y SUSAN SEVAN REFLECTING the strain of Its recent huge purchase of shares In Faber Merlin on top of an expansion and diversification programme, Sentosa Plywood Is proposing to raise $4.95 million from its shareholders by way of a three-for-flve rights Issue atSI.
      944 words
    • Article
      MOL pre-tax profit at $2.27m
      518 11 A BOOST in turnover, particularly in the sale of industrial gases, has given some sparkle to Malayan Oxygen's (MOL) results for its year ended Sept 30, despite escalating costs and static selling prices. Growth of sales volume had helped the company combat the effect of
      518 words
    • Article
      M'sia Rice disappoints
      251 11 EVER since it was incorporated as a public company in April 1969, Malaysia Rice Industries has yet to make a cent from its principal activity of rice milling. In its latest Interim report, the company incurred an unaudited trading loss of $59,000 against a km of $31,000
      251 words
    • Article, Illustration
      Tan Chong shows rivals a clean pair of heels
      1289 11  -  By THE CITY EDITOR MALAYSIAN-BASED Tan Chong Motor Holdings has proved to be the dark horse In the strong advance seen In motor stocks in the last 14 months or so. The share has steadily climbed to Its record level of
      1,289 words
    • Article
      Faber Merlin incurs loss in Tanjong Tin sale
      565 11  -  •y ARTHUR NG FABER Merlin Malaysia has Incurred a net loss of $100,000 from the sale of Its 29.8 per cent stake In UKbased Tanjong Tin Dredging to Its erstwhile associate, Pahang Consolidated. Replying to the Kuala Lumpur Stock Exchange queries, the
      565 words
    • Article
      ONG RETRENCHES STAFF
      123 11 BTOCK-BROKING firm Ong ul C—»aay has retrenched 17 ia—h«rs of its •teff in u effort to cut dowi eeets. Of these, It Is leant that twe were trading room darks while the rsst were from the sdainistratlve •Me. Thie is ths seesad hrsfciag firm that has ent
      123 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      326 11 Slow boat «SBP CHINA TRADE QUARTERLY Far East Publications QJ 1913, Hanglung Centra, Paterson Straat. Causeway Bay, Hong Kong. I Please enter my full subscription to China Trade Quarterly. I am enclosing a cheque/money order for US$2OO.OO or equivalent in other currencies. I I Please forward issue(s) of China Trada
      326 words
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  • Article
    No appreciable drop in mishap rate
    814 12  -  ■y RONNIE LIM THE NUMBER of Industrial accidents in Singapore has not declined appreciably over the last 13 mQnths, despite more frequent inspection of factories by the Ministry of Labour. At best there was a negligible drop of 6 per cent in accidents. The
    814 words
  • Article
    SWEDISH FIRMS TO INVEST $10M
    418 12 SWEDISH Investments In Singapore, now at $50 million, will be Increased by a further $10 million, when four other Swedish companies set up shop here by the end of the year. Mr. Rasmus Rasmusson, Charge d'Affalres of the Swedish embassy, said at a preview of
    418 words
  • Article
    LONDON STOCKS
    810 12 LONDON. Mon The market closed mixed after a quiet session. dealers said. There were small irregular movements In government Stocks, while leading equities, which opened easier following weekend press comment on last week's trade figures and money supply data, closed steady at the loner levels on lack of
    810 words
  • Article
    Purple Star man also recruiting in Madras
    275 12 A REPRESENTATIVE of Purple Star, the company whose partners were stopped last week from recruiting workers in Brunei for West Asia, was in Madras a few weeks ayo offering employment opportunities in West Asia. Indians in Madras were asked to fill out application
    275 words
  • Article
    India buys cement
    51 12 THE Indian government expects to import one million tonnes of cement this year. The government decided to allow the Import of cement last month to ease a growing domestic shortage and imported cement has already started arriving. India's cement production will be about 20 million tonnes this
    51 words
  • Article
    Tin price solution not impossible
    447 12 PRODUCER and consumer members of the International Tin Council (ITC) must achieve greater understanding at its April meeting to solve tjielr differences on the new floor price for the commodity. The lack of understanding shown at the council's session last month has resulted In the
    447 words
  • Article
    Lock icon WRONG PRIORITY?
    105 12 AP JAPAN'S External Trade Minister, Nobuhiko Ushlba said yesterday the United States is Interested more in Japan's efforts to curtail trade surplus than those to achieve 7 per cent economic growth rate this year. Mr. Ushlba was talking to a group of ruling Liberal Democratic Party MPs on
    AP  -  105 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      397 12 SEE PAGE S A unique opportunity for international businessmen to discuss trilateral co-operation Asean-West Asia Investment Conference Kuaia Lumpur, Malaysia, 9-10 March 1978 The Asean-West Asia Investment Conference will be of special interest to industrialists, bankers, investment specialists, entrepreneurs, senior executives and government officials from Asia and th£ Middle East.
      397 words
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  • Article
    SHIPPING TIMES
    5455 13 SCHEDULE A guide to ships loading at Singapore for Ports around the World The following list tabulates, by port of destination the name of the ship, the shipping line involved, and the estimated dates of arrival and departure from Singapore port. t C«UMtiUM SoanDateb hai a Joint wilt*
    5,455 words
  • Article
    Who acts for whom...
    520 13 Ahll Shipping Sha rJah Alpac Line Intra** Anhslng Line Strongwlll Angkut&n Pertainbangan Eastern Way Angkutar. P. (Oont. Service) Straits Shipping Apl (American President Lines) «me Argentine National Line Everett Arya National Shipping Ocean Shipping Australia Container Service Star Shipping Australia National Line Jardine Australia Strait* Container
    520 words
  • Page 13 Advertisements
Page thumbnail Page 14
  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      660 14 SHIPPING Hapag-Lloyd FUUT CONTAINERISED TO EUROPE fptn rJWM| HVh| •'kmattfan EXPORTS UHm 23/2 25/2 6/3 1/3 12/3 14/3 20/3 22/3 27/3 29/3 U/3 21/3 U/S 30/3 1/4 2/4 6/4 1/4 9/4 12/4 15/4 18/4 19/4 22 4 23/4 HMtarievmi 4/4 */4 30/4 28/4 <"*i*»r 11/4 13/4 3/5 5/5 S/S EJPRESS
      660 words
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      Page 14 Advertisements Column 2
      749 14 \t2 SANKYO LINEI AUSTRALIA SERVICE MAYCARP SAILED W PORT FREM AOEL. M& 23/25 Fib HI PORT BRIS, SYD, Ma THREE STAR 4/7 Mar 2/3 Mar FREM. ADEL. MEL SEABLOOM 17/19 Mar 15/16 Mar AOEL. MEL. SYO BANGLADESH SERVICE CHITTAGONG. CHALNA GENERAL A6ENTS OCEAN SHIPPIN6 t ENTERPRISES PTE 110 Singapore m
      749 words
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      Page 14 Advertisements Column 3
      727 14 LAND s U.S.*./ ASIA SERVICE 40TH FLOOR HONG lEOMG BIDG 16 UFFIES QUAY SINGHPORE 1 Customer S*r»icf Book 222i222 Terminal *****53 *****37 Go one better to the Middle East PRIORITY BERTHING I DISCHAKE AT All POUTS Strain mt Ms DtaM ky rM Acuptnf kfMkkdft c*t* ctMantrt 4 IracM nlhcki Hutj
      727 words
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      Page 14 Advertisements Column 4
      718 14 B f S S C Agents UNyM TEPS MALAYSIA Poo K«»»ng T# 1381 7366- P»«jng T# *****/***** 2 Ccmbmmi AraaatiM Di > Mwmhu IntartaatiMatal S. A. C.I. F fj "ARGENTINE NATIONAL LINE' LOADING rot MM. CAPETOWN. MKMB AIRES PRTAfiOMA ARGENTIM Transport km n Mm it inn McxicMia S. A. "MEXICAN
      718 words
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      Page 14 Advertisements Column 5
      711 14 \\W% ARDINE —ANTAI f Orient Overseas ConiaiHeA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) I M"«"! So ton IrHj.rr M'huri R itm iot. chehalico POM. M iiw a/i 12/3 15/3 mptunecomiom n/i 10/2 17/3 12/3 So ton LeMjvre 12/3 IS/3 H'b<ir| R tom Mw| 12/3 11/3 20/3 24/3 24/3
      711 words
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      1179 15 QCL Overseas Containers Limited cttnmaswr soma n K/cwTiKirr: MK Emus I BAT run P. bka| fmmt Bits. Ifm 21 Frt 21 Frt 11 Mar 21 Mar 22 INK Mar Mar 1 Mr 2 12 Mar 14 Mar I <C I M I 21 Mar 22 Mar 12 Mr Mr 1»
      1,179 words
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      Page 15 Advertisements Column 2
      1205 15 Tt m/comtiniw s«t) S «pw« P. KtIMC PROTESILAUS m 1 Mar 11/11 Mar fnv| l/l One t K'OM Mar A Apr Bilbao. Amslertfam, htmbi Dubl n. L.«r»ool lENGLOE MTMCIVS BCNMMOV B/10 Mar 11/11 Mm IM< I sko*, IanRRS, Hall. I/ Apr 1/11 l»f 1/ I Apr II May eibao. tent.
      1,205 words
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      Page 15 Advertisements Column 3
      819 15 BEN LINE CONTAINERS LIMITED 01 y* II Mar a Mar a Mr 14 Mir 11 M Mar 1 Aar IWIIUrt II I My Mar UHU Mill iMiimi Man x. E n BIN ASIA CONTAINER SERVICE ejwess jnuin/itfui/siuiTs cqntainei suviu S tart P. Katarif PtM*| »o»t Oato take Maii ASIA* FIINCISS
      819 words
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      Page 15 Advertisements Column 4
      995 15 Scan Dutch V EXPRESS CONTAINER SERVICE VIA SUEZ WESTBOUND TO MED/ UK/ CONTINENT/SCANDINAVIA N In*' *P Kim| Vessel mutta ni i inuau UUMIi 4/ t M* MIFT '•UtKU 11/ I SEIIMIA EIEAMfI 11/ I 11 MM FMMCESCA IS/ 1 Ml. If JI MA S pon 1) Mserlles 2) Nm 1)
      995 words
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      Page 15 Advertisements Column 5
      667 15 V GUTHRIE BOUSTEAD SHIPPING AGENCIES *H* BANK LIMB LTD. LOABS FM E. t S. AFtICA SPRIWBAM r*tn,c«. Mombasa. Tow. O'laam. Dv-tir, 1.1.. r.t Capetown) Ptning p Ml»« la PI TaM* S port FHH (UT I MET* AFRICA FM IAMJCM, MARILJ TESTBANR Ptftarg P. At ling S pfere M/TI M j
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      Page 16 Advertisements Column 1
      740 16 IfcV CREVAUER MR NT NCPTMC OMUL 7W CREVAUER RUE 7V REPTMC PEAR nr VNMI lIMI P. Keltng UERCATM SE 25 Ftk KMCMtt CMTAWER K I Mar MIENTAL CHEF 71 II Mar STYE* MAS MIKE 14E 2$ Mar AGENTS: RPTWf ARMEIES PTE 111 21st nw, btoM M. Sapptrt 1. T(i: *****11.
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      Page 16 Advertisements Column 2
      959 16 E.C. -04 JUATUUfTIC/SOLF SERVICE ICCOTM FttAtt tWg HM mt p. RIMI H lmmi noofhk. new trr*. uitimmk. mi mums, rmstrn, calvestoh mi (thi c#u ma ■i t MINT* PRAOESN" (Disc* My) 0/ I Mir •vi»va Slum" n/t* Mar LC./GREAT LAKES SERVICE UMun fit: NORFOLK, NEW TMI MONTREAL. TORONTO. UITIMII. RETMIT.
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      Page 16 Advertisements Column 3
      862 16 •FULLY CONTAINERISED SERVICES; ti hmpe put sred* chevalier pail NEPTUNE CORAH CHEVALIER Wt kEPTRRE HAIL MEWATN hOMIONC CRMTAIRER OIIIHTAL CHIEF SEVEN SEAS MIKE rwra Pteta* StMpiM trwc tim la Part n fe* 12 Mar 17 Mir II Mar II to 27 Fit 2t Fel 17 to Mto IS to 21
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      Page 16 Advertisements Column 4
      689 16 MALAYSIA* mTttNATIOKAI SUPPING CORPORATION BtRHAD TIL *****. EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/CONTINENT/SCANDINAVIA p. km* rtM» smtma armm mitmmi ocimi ■•••km t»M mt v i w i iv i jvtumu n i w/> w n/1 n/» M* mitt tv i j m i i/4 V« siumiia i/i n/i v« m/«
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      Page 16 Advertisements Column 5
      608 16 INTRASEA (PTE) LTD T PlephOf" 4 r i B Kansai Line STRAITS/AUSTRALIA SERVICE Spore P. Kelang Loading for: Grace Adelaide 26 Feb 23 Feb Brisbane/ (Built July 1977) r Adelaide. M/V Prairie 31 Mar 28 Mar A|tats. Sawn INTRASEA (PTE) LT»—23*2lll WW 23M817. Kuuiapv tm nimac t trabim mm. am
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