The Business Times, 6 March 1978

Microfilm: NL9627
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 MONDAY, MARCH 6, 1978 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Nipping competition
      79 1 AFP SEOUL, Sun. South Korea's sole integrated' steel maker, Pohang Iron-Steel Company (Posco), hopes Australia will urgently supply 360,000 tonnes of slab for Its newly-built steel plate plant because Its Japanese supplier, Nippon Steel Corp, refused to sell the product, it was reported here yesterday. Nippon steel, which
      AFP  -  79 words
    • Article
      Lock icon Won is losing
      71 1 UPI SEOUL, Sun. South Korea's won currency is falling In value against foreign currencies other than the sliding US dollar, official statistics showed yesterday. As a result, Korea must bear greater burden for repayment of non-dollar foreign loans and interests they incur. The won is tied to
      UPI  -  71 words
    • Article
      Buying more
      50 1 KUALA LUMPUR, Sun. North Korea has indicated it will buy more rubber and tin directly from Malaysia, Primary Industry Minister Datuk Amar Talb Mahmud said. In 1976, total trade between the two countries was worth M 516.6 million. North Korea Imports from Malaysia amounted to only $600,000 however.
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    • Article
      Lock icon Rangoon's budget
      62 1 UPI RANGOON, Sun. Burma has planned to spend 3.7 billion kyats (5J1.22 billion) on Imports, mostly industrial raw materials and machine parts during the coming fiscal year, the Planning and Finance Minister's report said yesterday. The plan for the 1978-1979 fiscal year, which begins April 1, was submitted
      UPI  -  62 words
    • Article
      Lock icon Hua re-elected
      52 1 Reuter PEKING, Sun. China's Parliament today reelected Communist Party Chairman Hua Kuofeng as Prime Minister, the New China News Agency announced. Mr. Hua was re-elected to his state post on the final day of the fifth National People's Congress. Party Vice-chairman Yeh Chlen-ylng was elected chairman of Its
      Reuter  -  52 words
    • Article
      Lock icon Duke's visit
      48 1 UPI HONGKONG, Sun. The Duke of Kent arrived here today for a five-day visit In his capacity as Vice-chairman of the British Overseas Tirade Board. The duke, a cousin of Queen Elizabeth 11, is to open a British industrial exhibition tomorrow, a government spokesman said. UPI.
      UPI  -  48 words
    • Article
      Lock icon Zim trims
      82 1 Reuter TEL AVIV, Sun. Israel's Zim Shipping Line which owns three quarters of the country's canro ships has sold six vessels because of a seamen's strike now in its sixth week, Transport Minister Melr Amit said. He had signed the sale orders with regret, said the minister. He
      Reuter  -  82 words
    • Article
      Lock icon Labour rackets
      69 1 AFP KUALA LUMPUR, Sun. Thousands of Indonesians have been smuggled Into the country to work in the Keratong Land Scheme in the Segamat District in Johore, Labour and Manpower Minister Lee San Choon said today. This might be the work of several local syndicates which specialised in providing
      AFP  -  69 words
    • Article
      Lock icon Closer links
      73 1 Reuter NEW DELHI, Sun India and Afghanistan, In a joint communique, have urged the International community to take urgent steps to help the seriously affected developing nations to overcome their difficulties. The communique, issued today at the end of President Mohammad Daoud's three-day visit to India, called upon
      Reuter  -  73 words
    • Article
      Lock icon Old school tie
      77 1 AP LONDON, Sun. The old school tie still governs the attitude of British bosses to their workers, say Continental European businessmen interviewed in a survey. They said the average British manager Is too conscious of social class to be able to motivate his workers, and promotion to
      AP  -  77 words
  • Article
    TOP TEN STOCKS
    114 1 THE following list of stocks gives the 10 most traded in on the Stock Exchange of Singapore last week. It gives the turnover in thousands of units, closing prices on Friday and the high and low for 1977/78. Company Tunx tverPricea i Low '000 Mar 3 *78
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  • LOCAL STOCK INDICES
    • Article
      SINGAPORE
      66 1 Feb 27 F«b» Marl Mar 2 Mar) B.T. Index: 548.44 555.85 588.80 587.88 575.72 Industrials: 288 05 287.99 289.15 289.49 289.94 Finance: 438.89 439.38 440.79 439.85 439.93 Hotels: 178.90 179.02 179.98 179.89 179.41 Properties: 184.19 184.11 184.90 184.88 180.84 Tins: 142.04 142.13 142.32 142.53 142.56 S rubbers: 437.44 438.44
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    • Article
      MALAYSIA
      78 1 Feb 27 r«ka Mar 1 Marl Marl BT Index: 777.83 783.02 805.43 810.20 814.78 Industrial*: 294.75 295.14 296.46 207.56 288.13 Finance: 370.46 370.36 371.92 37%.57 373.74 Hotels: 186.86 187.27 187.47 187.76 187.76 Properties: 155.31 155.11 156.76 157.17 157.38 Tins: 157.57 157.45 157.78 157.00 196.87 S rubbers: 365.92 366.24 368.45
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  • Article
    Enough demand for diesel engines
    755 1  -  FEARS OVER VIABILITY UNFOUNDED By RONNIE LIM THE ASEAN diesel engine project assigned to Singapore Is viable, despite moves to set up similar plants in Indonesia and the Philippines. Even if Indonesia decided to close Its doors to the engines once It could fulfil Its
    755 words
  • Article
    Lock icon No gold rush says MNB
    294 1 Reuter MOSCOW Narodny Bank said that ratification of the Internationa) Monetary Fund's articles, allowing central banks full freedom to buy or sell gold, should be completed within the next three months. The bank predicted In its quarterly review that the net effect of the new
    Reuter  -  294 words
  • Article
    S'pore Glass set for listing on KLSE
    764 1  -  iy ARTHUR NG SINGAPORE OLASS (1974) shares will find a bigger market in the near future, probably next week when they join those of the sister company, Malaysian Containers, on the Kuala Lumpur Stock Exchange (KLSE). It is understood that approval for the
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  • Article
    ANOTHER BROADSIDE OVER US$ FALL
    129 1 A TOP industry executive yesterday joined the chorus of critical West Germans squarely blaming the United States for the dollar's tribulations, the subsequent turbulences in International money markets and the mood of depression on the world economic scene. "The Americans are supposed to play the
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  • Article
    Impact of Swiss measures on our reserves
    339 1 SINGAPORE will almost certainly be affected by ths recent Swiss moves to cheek the rise of the Swiss franc. These moves include a ban oa all non-resident purchase* of Swiss securities, but the most punitive is subjecting all foreign central bank deposits in
    339 words
  • Article
    New face sinks $10m in food industry
    412 1 SINGAPORE'S food Industry will receive another boost soon, with the establishment of a $10mllllon chocolate manufacturing plant by Upall of Sri Lanka which markets Its products under the brand name of Kandos. Construction work on the factory on a 2.5 hectare site In
    412 words
  • Article
    EEC mission in
    133 1 AN 11-MEMBER trade team from the EEC arrived here last night on a buying mission Jointly organised by the trade authorities in Brussels and the Singapore Department of Trade. The team Is made up of private buyers from Britain, Belgium, West Germany, Italy and France. Mr. P.
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      23 1 r Fficon i for plain paper copying *****33 fVJf Wywy Private Limited ■HZ ...a rtsponsibU company 39th Floor Hong Loong Building Singapore 1.
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    • Advertisement
      Page 1 Advertisements Column 2
      103 1 See You Tonight I)iih' .iiul Dance at the same time :n our N-te Club at NO EXTRA COST Be sooth by one of the most p< >pu!ar Band Group in town !he Green fives rttT TTTTTTT Featuring Nightiy at the Nite-Club JUL I V> 'y- l Bar: 1.00 am to
      103 words
    • Advertisement
      Page 1 Advertisements Column 3
      63 1 More information on Paget 2 4 3 SHIPPING TIMES UTA joins Chanfi airport tor* BOOK reviews 7 vices 5 BEAR trap na/snap in mmwL"., lhe hlk 5 11 ORCHESTRAS: Of driven and II J HIGH-Oyinf GDP ssctors 14 LION of Singapore musical 6 MALAYSIA assures investors 14 AIRCRAFT SCHEDULE 5,
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    • Advertisement
      Page 1 Advertisements Column 4
      130 1 L£— j. JAL FUGHT 712: THE TOKYO EXPRESS NEW YORK VANCOUVER "WSAN 1 FRANCISCO iIOS 'ANGELES I I HONOLULU > SNGAPORB W W:i% rw < K 8 >%& a *i .< *ir V? >* MEXICO CITY Only on JAL can you non-stop to Tokyo, then make convenient connections to U.S.
      130 words
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      1461 2 TMs odttrtiiMMnt it not a prMMCtm ond d«M Mt cwititMtt «n invitation to tuMcrikc for shores 7 SINGAPORE GLASS (1974) LIMITED Incorporated in Hm Republic of Si the Companies Act (Cop. isr under This document contains particulars given in compliance with the Regulations of the Committee of the Kuolo Lumpur
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      1915 3 6. trade creditors and bills payable This includes bill amounting to 5567,884 (1976: S$ 180,725) not due for payment within one yeor. 7. DEFERRED TAXATION At beginning of the year Transfer (toT/from profit loss account At end of the year 8. SHARE CAPITAL Authorised: 18,000,000 ordinary shares of 550.50 each
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  • RAW MATERIALS
    • Article
      FOREIGN RUBBER MARTS
      228 4 TERMINAL rubber in London on Friday closed irregular and mostly 0.30 Eence up to 0.10 pence per ilo down from Thursday's close. Volume totalled 423 lots of 15 tonnes including 21 kerb trades. No options were traded. Dealers said mixed weekend covering operations contributed to gains among
      228 words
    • Article
      Straits tin
      157 4 THE Straits tin price In Penang on Saturday fell Msl4 to $1,648 per plcul, on an official offering of 220 tonnes, up 25 from the previous. TIN in London on Friday lost l' 7 for cash and £2 for Three Months in both contracts. Prices eased during the
      157 words
    • Article
      Produce exchange
      250 4 LONDON pepper prices were unchanged as follows on Friday: (Prices per long ton elf European ports unless otherwise Indicated): Sarawak White FAQ: Spot 11.800 sir. Afloat (per tonne) U553,050 sir. Feb/March (per tonne) U553,050 sir Sarawak Black Special: Spot 11,350 sir. Afloat (per tonne) U552,260 sir. March/ April
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    • Article
      Sugar
      168 4 TERMINAL sugar in London on Friday eased on light nearby liquidation in the afternoon and closed at around the day's lows at €1.75 per tonne down from Thursday night to £0.05 up. Turnover totalled 1,589 lots Including five options. Dealers said the easier trend possibly reflected diminished US refiner
      168 words
    • Article
      Palm oil
      69 4 C.l.F. US dollars per ton. LONDON: Friday Previous Malaysian 5% ffa bulk May 530 sir 545 sir Sumatra 5% ffa March 692 50 sir 595 sir April 560 sir 580 sir May 545 sir 555 sir June 517 50 sir 530 sir July 517.50 sir 525 sir Nigeria
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    • Article
      Copper
      386 4 COPPER wlrebars in London finished Friday with gains of 17.50 per tonne for cash and t7 for Three Months. During the afternoon, the market slipped back from the morning's higher levels under end-week liquidation although the decline was halted around the i 642 level for Three Months. The morning
      386 words
    • Article
      Coffee
      336 4 ROBUSTA futures In London on Friday closed at the lows £34 to £29 per tonne down from Thursday night. Volume totalled 2,525 lots, including 13 options and around 450 lots of cross trades. The official tone was about steady. Dealers said an easier New York market combined with the
      336 words
    • Article
      Cocoa
      197 4 TERMINAL cocoa extended Friday morning losses in fair active late trading in London and closed easy at the day's lows. The losses from Thursday ranged from i"124 in spot March to £39 per tonne. Turnover totalled 5,653 lots including 2,853 lots selftraded and 57 options. Dealers attributed the day's
      197 words
    • Article
      Lock icon Gold
      599 4 Source: Singmas ONCE again price movements in sold have been strongly influenced by heavy fluctuations of the dollar in foreign exchange markets. When towards the close of the market two Fridays ago. news began to spread that the Swiss authorities would soon announce hard measures to curb the influx
      Source: Singmas  -  599 words
    • Article
      Silver
      127 4 SILVER on the LME finished with gains of 0.1 to 0.3 pence per troy ounce on Friday. The market softened during the early afternoon following news that the Carter administration has completed proposed legislation requesting Congressional authority for the disposal of 11 excess materials involving 139.5 million ounces of
      127 words
    • Article
      Lead
      54 4 LEAD In London on Friday rose by mostly C 8 per tonne. Profit-taking pared gains during the afternoon although the market held baslcallv steady above the C3OO level for Three Months. The movement In copper and expectations of a large fall In the LME stocks last week sparked off
      54 words
    • Article
      Zinc
      56 4 ZINC on Friaay rose toy CIO for cash and C 9.50 for Three Months. Values reflected the strength in other base metals during the morning with aggressive bidding for cash metal establishing a backwardation of C 2 on a market which has witnessed heavy influential borrowing over recent days
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    • Article
      Soybean
      94 4 SOYBEAN futures in Chicago on Friday showed strength through most of the session, driving upward on heavy trading volume. Old crop months showed the greatest strength in response to the Reuter report that Brazil suspended oil export registrations. Soybean oil futures again led the soy complex advance, although it
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    • Article
      Wheat
      111 4 WHEAT futures In Chicago on Friday held early gains Into the second hour of trading, up 3-1* to 1* cents a bushel from Thursday. Heavy commission house buying In the May fuelled the advance, with the market deriving underlying support from firmness In cash basis levels and reports of
      111 words
    • Article
      Slow decline in coffee prices
      724 4 COFFEE prices declined gradually while the other commodities held their own at the Singapore produce market last week. Lovers of the coffee beverage could almost be heard to heave a sigh of relief as they watched the Singapore Chinese Produce Exchange (SCPE) quote all Eades
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    • MONEY AND EXCHANGES
      • Article
        Singapore market
        218 4 Renewed pressures against the dollar arising from anticipation of bad trade figures as well as remarks by German Economics Minister Otto Lambsdorff that Germany is definitely not planning anv exchange controls saw dollar plummetted to as low as 1.99 level against the marks with dollar/ Swiss being quoted
        218 words
      • Article
        Minimum lending rates
        73 4 THE AVERAGE prime rate of bantu in Singapore stands around 7 per cent, with the range running between 6*« per cent and 7'/« per cent. Overaea-Chineae Banking Corporation is at the lower end of the range while a number of banks, including Citibank and Development Bank of
        73 words
      • Article
        Asian $ rates
        273 4 Asian rates RATES held steady In moderately active market amid uncertainty of interest rates trend last week. Fear of rise in rates affected by falling dollar was set aside by no growth in money supply. Ml dropped $400 million and M2 rose 300 million. ASIAN rurrenry average deposits rate* for
        273 words
      • Article
        Lock icon Discount
        388 4 Source: Discount Co. of S'pore. LAST week, -the interbank money market firmed up significantly despite the redemption of $14 million Singapore Government stock. Market sources attributed this tightness to the expiration of the MAS swap facilities as well as to month-end cash withdrawals. Overnight interbank rate which opened at
        Source: Discount Co. of S'pore.  -  388 words
      • Article
        Money market
        86 4 TRADING was moderately active In the market for overnight funds with rates flrrplng up to 9 8 per cent in the early part of last week. The o/n rate maintained firm to close 6 1/2 0 at the weekend. Terms were thin with rates firming up to close
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      • Article
        Zurich
        577 4 DUE TO the extreme weakening of the dollar last week which caused a continuous upward movement of the Swiss franc not only against the dollar, but also against the currencies of the Swiss' main trading partners, the Swiss authorities decided to react. One part of the package of measures
        577 words
      • Article
        New York
        336 4 ON FRIDAY, the dollar closed slightly firmer against most currencies after a day of erratic, nervous trading. The market was very thin as many operators were reluctant to build substantial positions amid concern about possible implementation of exchange controls by West Germany. The Swiss franc eased to close
        336 words
      • Article
        Frankfurt
        48 4 FRANKFURT exchanges closing quote* on Mar 3: US 2 0200/ IS Can 1 8020/ 40 Sterling 3 805/ 905 Dfl 03%/ 45 Btr 108 10/ 40 Lit 2.355/ 365 Ffr 42.35/ 45 Yen 0.8480/ 8510 Bfr (con) 8.408/ 418 Bfr (fin) 40/ 41 Nkr 38 02/ 07
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      • Article
        London
        268 4 THE dollar on Friday firmer against most major currencies in thin trading here. Trading ahead of US trade figures was quiet with only small pre-weekend position squaring taking place. News US trade In January registered a $2.38 billion deficit against December's revised $2.12 billion aided the dollar slightly as
        268 words
      • Article
        Euro $ rates
        240 4 Euro rates EURODOLLAR deposits In London on Friday were offered and rates closed lower where changed in light trading. Dealers detected an easier trend in rates at the outset following a rally in the US dollar late on Thursday but this was partially erased by Far Eastern bidding Interest. Further
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      • Article
        Short term money
        49 4 FOR the week ended Friday* March 3, the range of caff, rates received from Short. Deposits (M) Berhad was as* follows: BANK FUND 3 per cent tqj 5 per cent. «r GENERAL FUNDS 3 pett cent to 4% per cent. Movements of fundi totalled $524 million. ■■+>
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  • Page 4 Advertisements
    • Advertisement
      Page 4 Advertisements Column 1
      199 4 IBJ The Bank for All Reasons Corporate Financing. IBJ is Japan's oldest and largest long-term credit bank. With extensive experience in meeting corporate financial requirements through arranging bond issues and offering precisely tailored loan packages. Main Bank to Japan's Key Industries. IBJ is main bank to more of Japan's industrial
      199 words
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  • TRANSPORT
    • Article
      UTA latest participant in cargo services
      587 5 A SEVENTH International airline, UTA French Airlines, has joined Changl International Airport Services (CIAS), a Joint venture cargo handling services company formed by the Port of Singapore Authority (PSA) and six other airlines last month. UTA, which represents the stateowned Air France, Air Afrlque
      587 words
    • Article
      Lock icon ALL SET FOR OPENING OF NARITA AIRPORT
      446 5 NYT EVERYTHING Is Just about set now probably for the opening of Japan's newest old airport on March 30. All that government and airline officials have to do Is to move 32 airline operations. 16,000 people, 1,120 airport vehicles, a few Jumbo Jets,
      NYT  -  446 words
    • Article
      Shippers' squabbles part of pattern
      1112 5  -  »r GOH ENG KEE THE ASEAN shippers' councils' squabbles with two shipping conferences on the Straits/US route over their recent general freight rate increases is only part of the big fight taking place on shipping routes to and from the US. On the Atlantic, the
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    • Article
      Lock icon MAS will fly'to Seoul
      99 5 Reuter THE Malaysian Airlines System (MAS), the national carrier, will soon launch its passenger service between Seoul and Kuala Lumpur, Communications Minister Tan Sri Manickavasagam said. Tan Sri Manickavasagam, who returned last Friday from Seoul after talks with transport and commu J nications officials there said
      Reuter  -  99 words
    • Article
      Emery lifts earnings
      85 5 US air freight forwarders. Emery Air Freight Corporation lifted earnings for 1977 by about 21 per cent to U552.43 per share from $2.01 in 1976. Revenue increased by 14 per cent to $349 million from $305 million. The 1977 results represented the 19th consecutive year of increased
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    • Article, Illustration
      Northfleet Hope terminal ready for action
      290 5 THE PORT of London Authority's (PLA) new $100million Northfleet Hope container terminal will be operational by the second half of this year. Already, its marketing men are out to sell the facilities at the 26-hectare terminal. Mr. William Bowey, PLA's managing director, is now
      290 words
    • Article, Illustration
      SHIPS IN PORT
      227 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Hoegh Pride (after Turkmeniya Hui Yang) 8/9 Ellen Bakke (after Balashika) 10/11 Vlshva Prayas (after Kuznica) 13/14 Palm Sea Horse (P/O) (0300 after Golden Jadl) 16 Straat Nagasaki (1500) 3/4 Bunga Mas (1500 subject freeboard) 19 Klmanls (0600) 20 Tapah (1300 21
      227 words
    • Article
      Lock icon BA FINDS CRACKS ON CONCORDE
      126 5 Reuter AFP BRITISH Airways said hairline cracks had been discovered on the outer part of the wings of Its Concorde airliners, but they were not dangerous. The cracks, about five to eight cms long, will be repaired during routine maintenance in the next few weeks,
      Reuter; AFP  -  126 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      603 5 ARRIVALS Service Loea 1 Operator Number Time Ptw SAS SK097 0050 CPH/THR/BKK MAS MH682 0810 KCH GIA GA980 1030 HLP CPA CX710 1035 HLP THAI TG423 1035 BKK SIA SQ209 1045 HLP GIA GA944 1055 PKU GIA GA908 1100 MES PAL PR501 1125 MNL GIA GA893 1130
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    • Article
      Lock icon Tanker mart still gloomy
      117 5 AFP THE RECENT gloomy trend on the London tanker market continued last week with enquiry in ,all areas remaining less than it has been for several years. In the gulf states area, only three VLCC's (very large crude carriers) were fixed, one to Europe and the
      AFP  -  117 words
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  • REVIEWS
    • Article, Illustration
      A low growl from the Lion
      872 6  -  ■y TERESA LIM "LION of Singapore" started with a low growl last Monday evening, when Its two London-based authors Mr. Lan Senior and Mr. Hereward v Brown gave a brief summary of the musical proposed to premiere here, at the Tanglin Club. The evening
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    • Article, Illustration
      Lock icon Madras takes over
      868 6  -  The Cannes film festival used to be the ritziest in the world. But the world is changing. For the world's most sumptuous film festival, the place to be is now Madras. NIGEL ANDREWS reports from London. NIGEL ANDREWS FT FILM festivals cojne in different shapes, sizes and
      FT  -  868 words
    • Article
      Orchestral drivers and passengers
      883 6  -  •r JOE PETERS Mr. Peters is adminis- trative assistant at the University of Singapore's Department of Music, but writes here in his personal capacity only. ORCHESTRAS In Singapore are made up of "drivers'* and "passengers". "Drivers" are those musicians with technical ability and experience as orchestral
      883 words
    • Article, Illustration
      Lock icon GRAPE TALK
      977 7  -  »y FRANK PRIAL NYT THE INITIAL step towards mastering any subject Is learning Its Jargon. Wine Is no exception, although, unfortunately, too many people know the Jargon and nothing else. A familiarity with' the language of wine is no substitute for an ability to taste, but It makes
      NYT  -  977 words
    • Article
      Lock icon The guide you won't want to throw away
      863 7 NYT The Only Investment Guide You'll Ever Need, Andrew Tobias, Harcourt Brace Jovanovich, New York. I*7B. U8*5.95 Reviewed by Christopher Lehmann-Haupt THERE comes a point in the reading of any financial guide when the mind coMapses. This usually happens about the point
      NYT  -  863 words
    • Article, Illustration
      Hawkers could do with more help
      1197 7 Hawker* in Southeast Asian CitiM planning for the bazaar economy T.G. McGee and Y.M. Yeung International Development Research Centre, Ottawa, Canada, 1977 Reviewed by Peter Chia GOVERNMENT policy towards hawkers varies among countries. Some encourage them. Others feel that street vendors are a menace.
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    • Article
      A world of difference
      774 7 Banking Structure* and Source* of Finance in Comecon Dr. A.H. Hermann The Banker Research Unit (Financial Time* Ltd.) UK, 1977 £25 (UK) US$5O (overseas) Reviewed by Philip Thorn THIS is the latest addition to a highly successful series of specialist studies published by The Banker Research
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  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      704 6 I 9NGAPORE HtTDN (86 Orchard Road, B'pore t. Tel: *****2 406/407 Havelock Road, B'pore 3. Tel: 4SSMI HOTEL ROY AL-RAM AO A Newton Road, S'pore 11. Tel: *****1 %fi Oxley RiW Pnai| Road* S'pore I. Tel: *****1 SBI Orchard Road, S'pore 9. Tel: *****3 Pebble Bar Come and be enchanted
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  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      814 6 LEISURE TIME FILMS: AT THE Singapore Hilton's poolslde on Sunday March 12, B.IS pm (no cover charge). "Midnight Cowboy" will show, starring Dustln Hoffman and Jon Volght. Made In 1970, this two-hour colour film directed by John Schleslnger traces the growth of a poignant friendship between "cowboy" country-boy Joe Buck,
      814 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      277 6 SINGAPORE 5 PM Opening announcements followed by Siruvar Ulagam (Tamil-Repeat) Diary Of Events (Tamil) Afternoon Matinee I'd Climb The Highest Mountain (Pt.l) 0 Starring: Susan Hayward, William Lundigan, Rory Calhoun Intermission Opening announcements followed by Land Of The Lost 0 News in Brief* Marine Boy Don't Ask Me News in
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      315 7 HOTEL ASIA 37 Scotts Road, Singapore 9 Tel: *****8 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****/7 HOTEL EQUATORIAL 429 Bukit Timah Road, Singapore 10 Tel: ***** GARDEN HOTEL 14 Balmoral Road, Singapore 10 Tel: *****44 GOODWOOD PARK HOTEL 22 Scotts Road, Singapore 9 Tel: *****1 HOTEL GRAND CENTRAL
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  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      60 7 Bristcw Dickeas I FfctC* BeiNO CAUGMT Ui€A«ltH& Tyie CUS3OP n eRS' Clowes TO UiOfcK IN 1 sc«tv.ofc»,PTN| Hewzrs inert \oot "Me. Dfcl CUEPHVNG Business fUXn6*G») ,cP- SPkWL. LOWFNT IS 1 seroH? 7 Puyn6»HG? MB/'TVIRT'S NOT PS epiD \DGJV.. Tueac-s < r oHey »H Puome>\HG>... lohrt mRx: sou v Doo\oe OK
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  • Article, Illustration
    Lock icon Dollar spenders dig deeper into pockets
    1360 8  -  By MURRAY BROWN UPI AMERICANS abroad are being forced to dig deeper into their purses (or just about everything these days, what with inflation and the weakening of the US dollar. -17* <**7* s w the dollar dropping to record lows against the West
    UPI  -  1,360 words
  • Article
    Lock icon Mint largesse helps collectors coin it in
    900 8  -  By NORRIS WILLATT FT LUOANO: In the ordinary way, the mints of the world don't make news; they Just go on year after year coining money, much or little according to the policies of their national government, for which they have no responsibility.
    FT  -  900 words
  • Article
    Lock icon Cellophane no longer a business to sing about
    909 8 NYT NEW YORK: Fifty years ago, cellophane was a wonder material. The new transparent wrapping revolutionised packaging and fed the growth of selfservice marketing. In 1934, Ethel Merman sang a Cole Porter song about the desirables of the day. "You're the top
    NYT  -  909 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      108 8 WHAT... is going on behind the posh facades of the mighty merchant banks 9 is wrong with the communication set-up in your company 9 is causing airlines to adopt a "Change in Altitude" 9 is needed for the continued prosperity of the oil industry in the region 9 is Asean
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  • Page 8 Miscellaneous
    • Miscellaneous
      Page 8 Miscellaneous Column 1
      573 8 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Waves forward In time 7 Has It oval fruit? (3-5) 8 Catherine, swimmer (4) 10 Possibly dust No. 10 room (6) 11 Not much of a clue (0) U Girl from Lime Grove (3) 16 Enquired into a Pole being given the wrong dose
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  • OVERSEAS
    • Article
      Lock icon Hefty fall in UK public borrowing
      503 9 Reuter BRITAIN'B public sector borrowing requirement In fiscal 1977/78, last officially estimated at £7.5 billion (8133.75 billion), may be only £5 billion and is un- likely to reach even £5.5 billion, according to latest government estimates. However, government economists are cautious about using this
      Reuter  -  503 words
    • Article
      Lock icon Carter threatens to intervene today
      488 9 UPI THE CARTER administration, facing mounting united Mine Workers Opposition to a tentative cim pact, threatens Immediate intervention" no later today" If miners reject an agreement to end the crippling, 89-day walkout. Administration officials 4Efeewed the threat to use a back-to-work order under the Taft-Hartley
      UPI  -  488 words
    • Article
      Lock icon France breaking Rome founding treaty
      260 9 Reuter FRANCE will be making a very clear infringement of the EEC's founding treaty of Rome if It takes national measures to keep Its Monetary Compensation Amounts (MCA s) unchanged this week. spokesman was commenting on a statement by French Ministry of 'Agriculture that France
      Reuter  -  260 words
    • Article
      Lock icon Wages likely to rise 14pc
      122 9 Reuter UK WAGES seem likely to rise by about 14 per cent under Britain's voluntary wage restraint programme, which calls for a maximum 10 per cent annual rise, exclusive of higher gains for added productivity. Chase Manhattan Bank NA said that under Phase Three of
      Reuter  -  122 words
    • WORLD IN BRIEF
      • Article
        NEW CEDEL SERVICE
        537 9 Luxembourg-based Eurobond clearing system, Cedel, said services for the lending and borrowing of straight and convertible -hoods will be made avalltUt from March 15. -*gfcdel said the new service CjELbles all members to either lend the bonds they hold on deposit with the system to other Cedel
        537 words
    • Article
      Lock icon IRANIANS WANT MORE DIRECT MARKETING OF OIL
      309 9 AP Reuter IRAN and 14 Western oil companies reopened talks in Tehran over the weekend to revise the 1973 oil sale agreement under which the consortium was hound to market 6.7 million barrels per day of Iranian crude for this year. The consortium
      AP; Reuter  -  309 words
    • Article, Illustration
      Lock icon Textron no to turning over documents
      559 9 Washington Star THE PREDICTION by US Senator William Proxmlre that the Investigation of Textron. Inc., will make William Miller's confirmation as Federal Reserve Chairman difficult, appeared to be coming true even as Mr. Miller took a step nearer towards his confirmation. Textron, the conglomerate
      Washington Star  -  559 words
    • Article
      Lock icon Viets want to join
      45 9 AP VIETNAM plans to loin the Association of Natural Rubber Produclnc .Countries, Prime Minister Pham Van Dong said here today. Mr Pham also said that his country was seeking Brl Lanka's assistance to rehabilitate Vietnam's tea, rubber and coconut industries. AP.
      AP  -  45 words
    • Article
      Lock icon Fed panel cuts money targets
      440 9 Reuter THE FEDERAL Open Market Committee has cut Its short-term growth target for narrowly-defined money supply (M-l) to 2.5 to 7.5 per cent and for M-2 to 5 to 9 per cent, minutes of Its Jan 17 meeting reveal. The board left Its target for
      Reuter  -  440 words
    • Article
      Lock icon Accord on pricing of natural gas
      165 9 NYT THE CHAIRMAN of the deadlocked US Senate Energy Committee. Senator Henry Jackson said on Friday that key members had reached an agreement in principle on the hotly disputed issue of natural gas pricing. While terming the development the first breakthrough, the Senator conceded
      NYT  -  165 words
    • Article
      Lock icon US trade will be in deficit for some time
      918 9 Reuter Washington Star THE US trade balance will remain in substantial deficit for several years to come and the implementation of an energy policy could only have an effect after quite some time. In its latest monthly review, Soclete Oenerale de
      Reuter; Washington Star  -  918 words
    • Article
      Lock icon NO PEGGING OF C$
      262 9 Reuter THE CANADIAN Government has no intention of pegging its dollar now, Finance Minister Jean Chretien said. The Canadian dollar is floating and its level will continue to be determined by market forces. Asked about the government's announcement that it intends to borrow US$75O million (551.74
      Reuter  -  262 words
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      249 9 i m SJ* ta K 3/ vri m V, m m i i s i H'-Z Mi w. <»' ■I tS-5 0 fc f'V£ 1 m DON'T CROWD ROUND OTHERSP LET OTHERS CROWD ROUND YOU! c* it eP* U*** \s* K 1 </> r^x m *A x> X* *S A
      249 words
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  • INTERNATIONAL STOCK MARKETS
    • Article
      Generally mixed
      416 10 EUROPEAN MARKETS PRICKS closed generally mixed on European bourse* on Friday. in Amsterdam, the market was quiet and mixed, dealers said. Internationals were little changed, transports widely mixed with KNBM and Ommeren recording losses and nedlloyd and klm gaining, while banking stocks were weaker. The major gain of
      416 words
    • Article
      Amsterdam
      167 10 MAR Fli Ahold Akio Algbank AMEV Amfaa Am rot Bank 98.50 21.70 330.90 79.00 107.30 71.40 unch -0.2 -0.9 ♦1 +6.3 -0.3 BoU Bonumlj Burhmann Byenkorf Calve Delft Dell Ml j ErnM Fokker Oamma Oelder OUtbroc Oobaln 63.00 101.90 71.90 140.00 60.70 79.50 174.00 125 20 136.30 21.30 1019.00
      167 words
    • Article
      Brussels
      86 10 HAS Fn FORWARD MAM XT ACM 223 +3 Arted 2300 10 Astur 528 +41 Braaean 420 +3 Bru-Lamb 1410 -6 cST*:::::::: 396 1 De Beers 161 1 Ebe* 2350 -5 Bectrobel 8030 unch Ob-Inno-Bm 1865 unch Oct 1236 +2 ttobok 2310 -20 Petro 3885 +38 Rjrl Dutch 1805 15
      86 words
    • Article
      Paris
      258 10 MAS H Fr» CORBKILLK Alr-LJqulde B 8 N Gervala Danone C8F(ThomsonCte Francaiae dei Petroles Compaxnte Flnanciere Compazine Oenerale Credit Foncler De France Hactjette ***** 355 145 SO 103 202 301 +2 +1 +0.5 +2 12 (Ubralrte) Machines Bull Mlchelln(B) Partbas Pechlney Clglne Kuhltnann Peugeot' Philips (Nv Gem Beilt) PrlntempsSA
      258 words
    • Article
      Zurich
      184 10 MAR «a Francs Actions Sulsses 272 +2 Atusulsse Br 1190 -25 Alusutsse Reg MO unch Brown Boven Br. 1080 -10 ClbaQelgy Br 1240 -5 ClbaQelgy PC 005 ♦5 Clba Qetgy Reg. 873 +3 Credit Suisse Br 2425 -25 Credit Suisse Reg 473 -I Elektrowatt Br. 1645 •15 Oeorge Fischer
      184 words
    • Article
      Milan
      96 10 MAR Lire Ante 135.20 -2.8 Assoc Oen ***** 490 Bastogl 528 11 Centrale 3870 -30 Flat 1982 18 FInslder 84.25 -1.75 Oen Immob 80 +1 IFIPrl 2194 +24 Italcementl ***** 140 I taigas 649 -9 Ilalslder 134 unch Magnetl M Pf 395 unch Marelll Ere 178 +0.5 Medlob *****
      96 words
    • Article
      Frankfurt
      196 10 MAR «3 Dm Aef-Telefunken 88 80 +0.7 Akzo 20 80 AUz Leben AUz Vers 475 -4 BASF 137.20 -0.1 Bay H T Wbank 288 +0.5 Bay Vbank 321.80 -0.2 Bayer 137.80 BBC 299.50 +1.5 BMW 225 50 +0.5 C&ssella 378.50 unch Chem Verw 221 1.5 Commerzbank 230 80 unch
      196 words
    • Article
      Tokyo
      525 10 SHARE prices closed higher on Saturday with active buying in medium Issues and speculative* more than offsetlng increasing profit taking In blue chips and popular*, dealers said. The Dow Jones average rose 9.40 points to close at 5.347.36 with volume of 220 million shares. The Tokyo Btock Exchange Index
      525 words
    • Article
      Selected indices
      35 10 FINANCIAL TIMES INDUSTRIALS Friday 4M.2 Thursday 433.4 Week Ago 444.2 DOW JONES AVERAGE INDUSTRIALS Friday 747.31 Thursday 746.45 Week Ago 756 24 LONDON DOLLAR PREMIUM Friday 83* to 84* Thursday 85W to 86
      35 words
    • Article
      Narrow gain in share prices
      1253 10 New York STOCKS held to a narrow gain In moderate trading on Friday for the second day this week after falling the first three sessions. The market opened higher on a report on Thursday the US money supply declined modestly In the latest statement week
      1,253 words
    • Article
      Johannesburg
      371 10 GOLD shares were firmer In modest trading on bullion price considerations on Friday. Dealers said amongst heavyweights Randfonteln gained 75 cents to 5925 while West Hold put on 100 cants to 3060. Elsewhere, Ergo firmed 29 cents to 550 following gold and uranium production reports. Financial minings were mostly
      371 words
    • Article
      Toronto
      275 10 SHARE prices closed higher In moderate trading on Friday with the composite Index up four points and advances leading declines 225 to 164. Ten sub-groups rose with oil and gas, financial services and transportation gaining about nine points. Kaiser Resources, which said It signed a long-term coal sale agreement
      275 words
  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Profit at EMI takes a fall
      361 10 EUROPEAN COMPANIES Reuter LONDON: EMI announced pretax profit of C 19.37 million (136.73 million) In the six months ended Dec 31. Sales were £443.31 million (t'429.44 million). Basic earnings per ordinary share were 6.9 p (15.5 p) and 6.4 p (13.8 p) fully diluted.
      Reuter  -  361 words
    • Article
      Lloyd's Life enjoys record growth
      423 10 A RECORD surplus in the life assurance and annuity fund for the year to Sept 30, 1977, is reported by Sir Henry Mance, chairman of Lloyd's Life Assurance in his annual statement. The company has progressed steadily and positively both In premium growth and In
      423 words
    • Article
      Lock icon UBS PLANS RIGHTS ISSUE
      238 10 Reuter ZURICH: Union Bank of Switzerland said It plans a one for 20 rights issue, priced at 250 per cent, to raise Its share capital by 50 million francs to 1.10 billion. The proposed one for 20 rights issue should make room for a balance sheet
      Reuter  -  238 words
    • Article
      Lock icon C'wealth Oil files for bankruptcy protection
      151 10 NORTH AMERICAN COMPANIES Reuter. COMMONWEALTH Oil Refining Co laid it AM for Chapter XI bankruptcy protection in the US district court for the Western District of Texas. The company said in a statement it is seeking the N court's protection because it is unable
      Reuter.  -  151 words
    • Article
      Lock icon Lockheed raises earnings
      347 10 Reuter LOCKHEED Corp., the giant aerospace firm, reported higher profits for the fourth quarter and the year 1977, but said this did not represent a trend. Lockheed predicted that a machinists' strike would depress profits for the first quarter of 1978. Lockheed's fourth quarter profits totalled US$B
      Reuter  -  347 words
    • Article
      Lock icon Dunlop Australia pays the same
      145 10 ASIAN COMPANIES Reuter MELBOURNE: Dunlop Australia announced unaudited consolidated operating profit of A 58.02 million ($10.26 million) for the half-year ended Dec 31 on sales of $289.48 million ($280.04 million). Profit Is after tax of $3.60 million ($5.91 million), depreciation of $4.69 million (same) and
      Reuter  -  145 words
    • Article
      Tootal plans purchase
      215 10 SYDNEY: Tootal will acquire 40 per cent of the A 542.15 million 50 cent par share Issued capital of Bradmlll Industries on March 7 from the La Mode group of companies, Bradmlll, La Mode Management Pty Ltd and Tootal said In a Joint statement. The purchase Is
      215 words
    • Article
      Thiess contracts up
      63 10 BRISBANE: Thiess Holdings said its construction division gained As2s million worth of construction contracts In the past few weeks, bringing the value of civil construction work in hand to over $80 million. The major contracts cover work on two dam* to Victoria and one in Queensland and
      63 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      161 10 QOLLKTIMQ Oriental Antiquej by Judith Moorhouse and Dries Blitz I~igl Hamlyn Group, London. Oriental antiques have always fascinated collectors throughout the world, evoking as they do the exotic and Inscrutable East. It Is, however, widely believed that they are too expensive for the average collector. This myth Is perpetuated by
      161 words
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  • MARKET REVIEWS
    • Article
      Seeking direction
      913 11  -  "Singapore »r GOH HIANG FONG CONFRONTED with the conflicting Influences of a bullish budget In Singapore, the Harun affair across the causeway and the plunging New York market, the Singapore stock market searched for a definite direction last week. As most institutions waited on the sidelines for a
      913 words
    • Article
      Company News for the weak ended Mar 3
      348 11  -  fcy TT Wong OTHERS United Asbestos Cement has signed an agreement for a <17 million loan which will be utilised in the financing of a major expansion of its pipe-making capacity. Despite a prevailing high level of tin metal prices, Berjuntal Tin
      348 words
    • Article
      Lock icon HONGKONG
      648 11 Sun Hung Kai Sec Ltd. DESPITE a certain amount of caution ahead of the Hongkong Bank results and the budget, the market picked up on Monday both Mi turnover and share values. This was also In the face of a sharply widened trade deficit for January of million compared
      Sun Hung Kai Sec Ltd.  -  648 words
    • Article
      KUALA LUMPUR
      362 11 ALTERNATING spells of steadiness followed by some .easier patches characterised the pattern of trading ,dn the Kuala Lumpur Stock .Rxchange this week. Sentiment, especially in .t&e first few trading days, was fluctuating between otflidly steadier to a shade bearish as prices laboured .under the strains of a .•umber
      362 words
    • Article
      SYDNEY
      352 11 THE onset of tight liquidity and fears of world trade downturn forced sideline buyers in the Sydney Stock Exchange last week. At the lower levels bargain hunters appeared, particularly in some mining stocks, but the closing tone was unsteady. The recent US dollar fall has been accompanied by a
      352 words
    • Article
      Lock icon TOKYO
      369 11 AFP THE Tokyo stock market climbed this week to fireyear high in terms of coopo■ite index, indicating that the market as a whole improved to a preoil crisis Icvtl. The index for all listed common stocks numbering more than 900 wound up the week at 392.85, the highest since
      AFP  -  369 words
    • Article
      Awaiting the bear trap
      1263 11  -  LONDON ir GERALD COLVERD THE Ides of March have been brutish for London stock markets with a herd of academics rushing Into the arena of discussion to warn the Chancellor on the dangers of a reflatlonary budget. Few, if any, of the flood of observations contribute
      1,263 words
    • Article
      ... adverse developments
      395 11 adverse developments NEW YORK THE stock market was battered last week by adverse economic developments on the home front and further weakness in the dollar in foreign-exchange dealings abroad. As a result, the Dow Jones industrial average sank 8.93 points to close at 747.31. On Tuesday, the bluechip barometer plummeted
      395 words
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      315 11 The first new idea in encyclopaedias in over 200years-Britannka 3, Britannica 3 does what no other encyclopaedia has ever done before: It serves the three basic needs of users in three distinct ways. (see below) w^w wrnm^Wm That's what makes it the most useable reference work ever developed. That's why
      315 words
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  • COMPANY NEWS
    • Article
      Choosing your shares with more care
      1023 12  -  Market Talk... By GOH HIANG FONG A PERSON buying shares in the stock market, either for investment or speculation, would do well if he remembers that nobody can get something out of nothing. This point was stressed by Mr. Yeo Seng Kla, the investment
      1,023 words
    • Article
      Sime concerrt makes major changes
      347 12 THE ROBT Bradford Insurance group, noted as the one significant loss making concern of the massive Sime Darby conglomerate, has made some major changes to its board and management structure. The changes represent an attempt to put the troubled group on a more even keel
      347 words
    • Article
      KLK issue priced at M$1.15
      271 12 KUALA Lumpur Kepong's hefty special issue of shares to bumiputra investors is to be priced at MSI. 15 a share. The company announced on Friday that the Malaysian Capital Issues Committee had approved the proposed issue of 15 million shares which will raise $17.25 million.
      271 words
    • Article
      DIVIDENDS ANNOUNCED
      291 12 Current Ex Books Date Total for Total for payment Date Close payable the year previous year Yeo Hiap Seng 10%<b) Feb 15 Feb 21 Mar 10 10% 10% M. Banking 6%I Feb 21 Mar 3 Mar 13 6% 11.9%(a) Taiping Consolidated 15%(n) Mar 3 Mar 15 Mar 31
      291 words
  • Article
    SHARE INFORMATION SERVICE
    2617 12 1977/1978 Hi«h Low Compuy Lut Sale Weak +«rGr'« DJv Dfc Cw Gr'i YH r*0i P/E W«k V«i C889) W«k Hick Uw SECTION ONE INDUSTRIALS 160 266 119 262 88' 234 169 291 422 146 132 165 58 212 57* 155 144 182 350 91 Acma Alcom Allied
    2,617 words
  • Article
    CHICAGO BOARD OPTIONS
    1494 12 March 3 VOLUME on the Chicago Board Options Exchange rose to 119,150 contracts from 97,775 on Thursday. OPTION APL JLY OCT STOCK Alcoa 40 13/10 17/8 25/1 30 Alcoa 46 1/8 UNTRD 11/1 31 Alcoa 50 UNTRD NOL NOL 30 Alcoa 80 UNTRD NOL NOL 30 Am
    1,494 words
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      133 12 o* c study with Wblsev Hall OXFORD Institute of Administrative Management Institute of Bankers Inst of Chartered Secretaries flj Administrators Inst of Statistic ans London Chamber of Commerce Industry HSC/GCE A Level MCE/SCGCE 0 Level London/AEB GCE A O Levels Modern Mathematics for Teachers Foulks Lvnch IX)NDON iss of Certified
      133 words
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  • MONDAY SPORTS
    • Article, Illustration
      Lock icon The sun is shining on English soccer again
      1422 13  -  HUGH McILVANNEY, named again as Sports Journalist of the Year in Britain, considers the implications of England's heartening performance against West Germany, the world champions. HUGH McILVANNEY The Observer LONDON: The simple unfairness of the result tended I* distract from the more
      The Observer  -  1,422 words
    • Article
      Gallant Ramesh fails to stop a determined Lloyd
      814 13  -  »y ROY MACKIE WHEN you win a second set against a player of David Lloyd's calibre after being completely outclassed in the first, you are entitled to think you are in with a chance for the final set. Seventeen year old' Ramesh
      814 words
    • Article
      Racquetball is starting to take America by storm
      806 13 NEW YORK: Until last year, It was as rare in the east as the date palm, although out in California's Lotus country, it was flourishing a sport requiring no conditioning, no training and no coaching, ana promising constant Improvement. Athletic clubs and
      806 words
    • Article
      Pohs make it a family affair
      433 13  -  ■r ERNEST FRIDA THE Poh brothers Big Huat, Eng Soon and Big Chong mined the chance of having their names in the Outness Book of Records, but had the consolation of winning the top two prises at the Hlcee Open Golf championship at Changl
      433 words
    • Article, Illustration
      Lock icon BOBBY'S CHOICE ...
      63 13 BOBBY'S CHOICE SPORTS premier male chauvinist, Bobby Riggs, has marked the approach of his 60th birthday by drawing up allet of the world's 10 most desirable women. Miss Jan Stephenson of Australia (above), pro golfer and current uiembei of the LPGA tour is at the top, followed by actress Jacqueline
      Source: AP radio pic.  -  63 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      352 13 FROM FEDERAL PUBLICATIONS i ;M iur m m m=m mj fflr I =///> a step-by-step guide An easy to-understand yet fully rewarding book on flower arrangement. Floral Creations, with its unusually lucid text and thoughtful illustrations, could make an expert flower arranger of even the veriest novice. The joy of
      352 words
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  • Article
    Population rate. set to shatter one pc barrier
    268 14 BEFORE long, Singapore -can expect to breach the -population growth rate of jjne per cent following last •year's further decline to 3.17 per cent from 1976's 1.4 !per cent. y It Is a record low, and comes a long way from the
    268 words
  • Article
    Youths take the soft way out
    144 14 A LARQE proportion of Singapore's 42,000 construction workers are on work permits. This was disclosed by the acting Minister for Social Affairs, Dr. Ahmad Mattar, who blamed the shortage of local construction workers on the attitudes of Singapore youths. He said: "It has been
    144 words
  • Article
    Conference
    35 14 FROM today Wednesday March 8, Soxal. Singapore Oxygen Air Liqulde, will be hosting a three-day conference of 12 directors and managers of British Oxygen Company International group operating in the Asean and Pacific regions.
    35 words
  • Article, Illustration
    Lock icon Three sectors keep GDP flag flying
    732 14  -  COMMERCE IS TOP CONTRIBUTOR ■y SOH TIANG KENG COMMERCE. manufacturing and transport continue to be the pillars of the Singapore economy, contributing about 66 per cent to the national income. Total national income or gross domestic product at factor cost, after discounting inflation, amounted
    BT chart by Allan Chew  -  732 words
  • Article
    US may offer to write off Third World debts
    326 14 THE UNITED States plans to Join several other Western countries In offering to write off some of the outstanding official debt of the poorest countries, administration sources said. The cautious but significant policy shift is a reaction to Third World demands
    326 words
  • Article
    Don't spend all on consumer goods and HP
    350 14 BINGAPOREANS should not be trapped into a "consumer obsessed society." Instead, they should pay more attention to improving their quality of life in the next few years. Senior Minister of State for Foreign Affairs Rahlm Ishak gave this advice last night when
    350 words
  • Article
    Foo Wah will soon be on the ball
    175 14 SINGAPORE will be the first country In South-east Asia to manufacture ball pens, when Foo Wah Industries goes Into full production by the end of this month. This is reported In the first issue of a new bimonthly, the Singapore Manufacturer, published
    175 words
  • Article
    SMA-led mission off to PNG to expand trade
    148 14 A TRADE mission from 18 companies left Singapore for Papua New Guinea yesterday. They are visiting Port Moresby, Ooroka and Lae during their 10-day stay there. The mission is led by Mr. Robert Tay of Elite Manufacturing Co. Among the products to
    148 words
  • Article
    W. Bank aids Selangor farm project
    182 14 THE World Bank has approved a loan of US$26 million (5559.8 million) for an integrated agricultural development project in Malaysia. The North-west Selangor Integrated Agricultural Development Project forms part of the Malaysian Government's effort to help the rural poor. In the project area, over
    182 words
  • Article
    KL prepared to safeguard any investment
    470 14 MALAYSIA is prepared to enter into an investment guarantee agreement with any country if this will encourage greater Inflow of foreign capital. Deputy Prime Minister Datuk Sen Dr. Mahathir Mohamad said, "Although Malaysia has never actio outside the rule of law when dealing with
    470 words
  • Article
    Bouquet for the personal secretary
    316 14 PERSONAL secretaries are now key personnel In the management team of any major enterprise, said Mr. Bernard Chen, Minister of State for Defence, paying tribute yesterday to the 14,800 employees In Singapore falling into the category of "office support service." Mr. Chen was opening the
    316 words
  • Article
    Intraco to step up tempo in South America
    208 14 SOUTH AMERICA Is one of the new export markets for Intraco, following up on Singapore's significantly increased exports to that region, growing from $33.4 million in 1973 to $156.4 million In 1975. This is revealed by Intraco's manager for planning and development,
    208 words
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      33 14 TODAY Lunch at OKOH OF GINZA ißaffles Quay} m i- Yak' Steaks' y -iMM Yak counter in !o-»\ C Go* i r (S) 9 1:1 ti A i J I' OKOH OF GINZA
      33 words
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      Page 14 Advertisements Column 2
      91 14 Meet the TOSH BA 8D702A plain papor copter aneconom^caTco^ r \< >; 11 $>' V > I 14* -vrT' X£f-- >•,,;•* >*-vK£Ra&9 x?cvv >v.& '#.A FULL RANGE OF ELECTROSTATIC AND PLAIN PAPER COPIERS AVAILABLE ON CREDIT HIRE PURCHASE ....OR RENTAL TERMS For further information, call Allan Tan KIHIATDIIII 60 orchard
      91 words
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  • Article
    SHIPPING TIMES
    4152 15 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. Cmnilw hfc tma a fcta* nr. mm
    4,152 words
  • Page 15 Advertisements
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      462 15 Scan Dutch? Fat! and Regular Service 10 N.C./SCAN/W.MED. Every 10 Days. 84nQ«porK T«i *****, Port Ketang: Tel. *****1, Kutli Lumour Tai *****. Penang: Tel. ***** SHIPPING Q EVERGREEN LINE ARABIAN GULF LINER SERVICE ETA STORE EVER HONESTY Vay. 4* MM 30 RED SEA. MEDITERRANEAN SEA SERVICE EVER SAFETY Va».l2-IWI MAR
      462 words
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      Page 15 Advertisements Column 2
      467 15 —VWJiI/ FAR EAST-W.AFRICA SERVICE FULLY CONTAINERISED INDEPENDENT SERVICE ETAS>ra ETA LAGOS M.V. TU( FLOWER I Mai «Afr (NPA/SEN Na. *****)) M.V. TU€ HOPE 14/15 A* H Ma» FREIGHT ENQUIRIES MID BOOKINGS TO WNGAPONE AGENTS: BIRKART SOUTHEASTASIA PTE LTD Ml/1111, FAt UST SHOPPING CERTK. SINGAPORE. TEL: *****7 CONTAINER UNE ST\ SHIN
      467 words
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      Page 15 Advertisements Column 3
      20 15 From/To AH Parts of ttw World. Singapora: T'at *****, Port Mmgi TaL *****1, Kuaia Lumpur TaL *****, Parian? TaL *****
      20 words
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  • Page 16 Advertisements
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      548 16 SHIPPING Hapag-Lloyd i FULLY CONTAINERISED TO EUROPE Twm fJUn Ml 13/3 14/3 8» M 4/4 7/4 11/4 13/4 11/4 21/4 21/4 30/4 FULLY CONTAINERISED FROM EUROPE INTO* 1 Mm IChq TiwAaf J* hh 13/2 15/2 16/2 12/1 IV J If? 20/2 22/2 23/2 22/1 21/3 W3 25/3 -31/3 Hartal Km
      548 words
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      Page 16 Advertisements Column 2
      745 16 SANKYO LINE AUSTRALIA SERVICE I f l*sto|tor THREESTAR 12/U Mar 10/11 FM.JJOO, *I.ITD SUKOOM 17/1# Mar 15/11 M* r KTOXUMW 31/31 Mar 1/2 *r n IMV SKY */31 Ear 1/2 Apr KYOTEN NAM 14/ IS Apr 11/17 Apr AOO,IACL,STO BANGLADESH SERVICE A VESSEL 22/23 liar M/ 21 Mar CHITTAfiOIK. CMAWA
      745 words
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      Page 16 Advertisements Column 3
      337 16 seaJ/Iland _J U.SJL/ ASM SERVICE BE EAST SERVICE 40TH FLOOR HONG lEOMG biDG 16 RAffUS QUAY SINGtPORf 1 Customer ie'tn;* Boc' ij ?2?'}?22 Term.njl 2b??;■>3 *****37 Go one better to the Middle East PRIORITY BERTHING t DISCHARGE AT ALL TORTS Depart) Singapore Jakarta Vancouver ft Sibonp SwigkMa 17-19/3 4-6/4 20
      337 words
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      Page 16 Advertisements Column 4
      784 16 Everett Lines B f S S C Agents m UMvm TEPS MALAYSIA Port Kaiang Tal >38) 7366 Pawang Tal *****/***** t% A. C.I. p. W "ARGENtINE NATIONAL LINE" t^r\ wtnm M/nmi nm M* a/» *r TrupwfriM MwW— M«i— S. A. "MEXICAN NATIONAL LINE" f« EAST/MEXICO 1 CENTMI AMERICA UMOMK FOR
      784 words
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      Page 16 Advertisements Column 5
      575 16 a lARPINI WIMi SAIU/Vq 9nJL IV Orient Overseas Fontaine/I Line FUUY CONTAINERISED SERVICE TO EUROPE (VIA SUED rpM r. mmi s«im uHnn rwi r OBENTM. CHIEF M SXMNMQI NEPTUNE COMM. 7M FUUY CONTAINERISED SERVICE FROM EUROPE (VIA SUEZ) MarTMCMtFK LXMMMMC OMENTAL BESEOBCNEI CHEVMJEI PAUL IBE NEPTUNE COMM. CE NEPTUNE PEJMB.
      575 words
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      865 17 Scan Dutch V u tmarhn ar«w N» suialT«MMr.ihhirm SJHM Sa»M ttM to M Mat liM 11/ 1 11/ J imm ihm km km mii i/i a/1 a/) ItTAMA 1 1/ I 1/ I 11/1 IV 1 11/1 1/4 1/4 .•cI.M 11,1 It/ 1 It/ I 11/1 1 11/1 HI 4
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      Page 17 Advertisements Column 5
      410 17 GUTHRIE BQUSTEAD SH,PPING AGENCIES LOT LTD. n SINGAPORE *****4 PT KELANG *****1 KUALA LUMPUR *****1 PENANG ***** KE6HAI raKKMOT SOYICt FESCO LINES FESCO STRAITS PACIFIC LINE i wgwc hmtm t twmnrtrt. unttMiHT mTnKt MAWTIMI (Mil Mar mn Mar 2 Apr 2/ 5 A«r 7/tt ALISMI NAVAi Mr H Ml Mw
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      857 18 "K" LINE ir- KAWASAKI KKSN KAISBA LTD. mir cnntamhbsu samcc n enmpe rru sneb r S port p.Kelar.c LHavro HTwrj Brpneo NEPTNNE PEARL IV MOUTH SV MMMNC CMTAINCIIV MENTAL CHIEF IV MNSIMfi CONTAINER IE MENTAL CWCF 71 seven seas mke i« MENTAL KSUItKI IE AfifUfS: NEPTRK AKNCIES Pit 111 21*
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      1137 18 NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES: (vu skir rm P. rii't rtafta WWt m MEICATNI 11 Mar 17 Mr 1 Apr S Rpr J KINGAONS CONTAINER 11 to 1 Apr 17 Mr 71 «pr 22 Apr 23 Apt ORIENTAL CHIEF I Apr IS Apr 27 Apr 2 May 1
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      Page 18 Advertisements Column 4
      746 18 MBMALAYSIAN INTERNATIONAL SHIFTING CO*FO*ATK)N BtRHAD ItL H *****4. EXPRESS FULLY CONTAINERISED SERVICE TO/FROM M ED/CONTINENT/SCANDINAVIA f *»n«i vmmi oumu v i mi mitt (IUMU IV 1 UUMII lUUM tl 1 mm nuctiu a/1 mi. kjiiu [LtIMU 11/ TPTAMA Spare 1) ttHiim 2) Mm V Htorf 0 Ckarf tl/ IS/ I
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