The Business Times, 21 March 1978

Total Pages: 16
1 16 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 TUESDAY, MARCH 21, 1978 SO CENTS
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  • BRIEFLY...
    • 67 1 Reuter. MANILA, Mon. The Philippine Bureau of Mines said 13 mining companies will start gold mining again within the next three years, Including Atlas Consolidated Mining and Development Corp. The bureau said the higher world price of gold and the recent start of the government central bank's
      Reuter.  -  67 words
    • 55 1 Reuter. BERNE, Mon. The Swiss government said It will propose to Parliament a change In the withholding tax law to make the current 35 per cent rate permanent. The rate was raised to 35 per cent from 30 per cent for four years from 1975 under a
      Reuter.  -  55 words
    • 50 1 THE National Wages Council has Invited views from the public on the 1977 wage guidelines. The closing rate for submissions Is April 20, 1978. The NWC Is now in session to deliberate on the 1978 recommendations on wages and other related matters, according to the council yesterday.
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    • 59 1 AFP MANILA, Mon. The Philippines is to dispatch a selling mission to five European Economic Community countries next May to develop new markets and expand existing ones. The nine-member delegation, the fifth to be sent by the Philippines to Europe under the sponsorship of the Common Market, is
      AFP  -  59 words
    • 48 1 UPI TOKYO, Mon. West German chancellor Helmut Schmidt will visit Japan around October as guest of the Japanese government. Mr. Schmidt will be the first West German Chancellor to visit Japan in nine years. The late chancellor Kurt-George Klesinger came to Tokyo in 1969. UPI
      UPI  -  48 words
    • 36 1 KUALA LUMPUR, Mon. Former Selangor Chief Minister, Datuk Harun Idris, was removed today from hospital to the Pudu Jail to begin serving a six-year jail sentence for corruption and forgery, the Home Ministry announced.
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    • 54 1 Reuter. LONDON, Mon. The French franc strengthened on major exchange markets today newspapers hailed the CentreRight s victory in French general elections as a for Presldent Valer y discard The franc, shaky last week during the run up to the final round of voting, gained ground in both
      Reuter.  -  54 words
    • 68 1 AP. GENEVA, Mon. Tightened import policies helped the Soviet Union and Its East European allies cut their aggregate deficit in East-West trade sharply by US$2.5 billion (555.75 billion) last year, a United Nations survey said. The aggregate deficit fell from $7.5 billion to $5 billion last year,
      AP.  -  68 words
    • 77 1 UPI NEW YORK, Mon. Stocks surged early today in heavy trading as institutions, who indicated last week they thought the market had fallen far enough, hailed the recovery of the dollar on foreign exchange. The Dow Jones industrial average, which rose 5.98 on Friday and 10.13 overall last
      UPI  -  77 words
  • Chief Price Changes
    • 131 1 Rises Mosl octivi e Straits Trading ST P 1975 Utd Malacca Temerloh High A Low OCBC St Steamship PMC Nanyanc Preaa FAN Utd Plantations Tronoh Mines Sin Chew Foils Supreme Corpa Kemayan Alex Hides UMW Kempas 615 530 340 290 288 610 268 324 246 394 255
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    • 185 1 Rises Most active Steamship S Trading High And Low New Sdah F And N Rahmac Hy L'.O. Bank Tronoh Mines D Keramat Tan Chong M Flour Oriental Malakoff Utd Plant P.M.C. M Banking N Iron 2.77 6.25 2.93 2.20 4.04 3.40 3 08 5.95 8.15 2.91 3.72
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  • 1051 1  -  CPF BALANCES MAY BE USED By JOHN TAN THE much-anticipated move to make Singapore's bus service public has finally materialised. The first step, already taken, Is the set-up of a new company. All the assets and liabilities of the existing Singapore Bus Service Ltd
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  • 224 1 HONC7KONG and Shanghai Bank Corporation Is planning to acquire a major stake in New Yorkbased Marine Midland Banks. Announcing its intention yesterday, HSBC said it is holding exploratory discussions with Marine Midland for the acquisition of a "significant" stake in the bank. Under the proposed
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  • 622 1  -  By CHAN BONG SOO SOME of Singapore's 300odd timber exporters recently discussed ways of breaking a Johannesburgbased syndicate's hold on the local timber trade. Following the meeting among the leading timber exporters, It was decided that they should seek the services of the
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  • 144 1 Reuter. WEST GERMAN Finance Minister, Hans Matthoefer, said the passage referring to economic trends In last week's Joint dollar communique with the US had no major significance for this year's German policy. He was asked by Interviewers whether he was worried that the US might use this
    Reuter.  -  144 words
  • 326 1 ENTHUSIASTIC bulla rushed into the stock market yesterday and pushed it to new height* of activity. Prices rose ateadily throughout the day aa the "small man" bought blue chips and rubber atocka which led to across-the-board gains of more than 11 per
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  • 382 1 Reuter. THE United States' economic growth rate could reach 5 to 5.5 per cent In real terms this year and next. Congress said yesterday. The economy achieved an annual real rate of growth of 4.2 per cent In the last three months
    Reuter.  -  382 words
  • 132 1 AFP THE five-member states of Asean have agreed on a compromise to proceed with the manufacture of dlesel engines on regional as well as national levels, Philippine Industry Secretary, Vicente Paterno confirmed yesterday. Under the compromise agreement, Singapore would manufacture dlesel engines only for the nonautomotive sector, most
    AFP  -  132 words
  • Page 1 Advertisements
    • 28 1 Wiyfbong MaF MAF A lending hand when Wayfoong Mortgage you need and Finance (Singapore) Limited it ITIOSt Shjw House. Ground Floor. 354 Orchard Road. Singapore 9. Tel: *****7.
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    • 48 1 CITROEN CX 2400 PALLAS has proved to be such a cartough efficient elegant mjm* 1 m *pp» im tEN HEfIRV one RCEHCIES PTE. ltd 9 LENGKEEROAD SINGAPORE I bv,.:. BRUNfcI AGENT RELIANCE DISTRIBUTORS 144 B JALAN CHEVALI E R. BAN D A R SER' BtGAWAN BRUNEI TEL: *****
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    • 87 1 rasa SHIPPING TIMES NEW rival in marine lubricant FORUM: Of motoriata and the I MERCHANT fleet grows from i™J£ n U§ 1 trength to strength 5 NAN YANG heading for a LOBEOT Heller and today'. "«»rd 1 lanagers 6 IN Parliament yesterday 1 tEADING US economic ASIA cathlng in on
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    • 2 1 SEE PAGE
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    • 140 1 U-BIX COMPLETE COPYNG SYSTEM APS ELECTRONICS (PRIVATE) LTD SJNOAPCJ&fT* *****4 (5 Lines) APS ELECTRONICS (M) SON BHD KUXLA LUMPUR T* 03 *****0 SEE PAGE 6 TWO THIRDS OF THE EARTH IS COVERED BY WATER, THE OTHER THIRD BY RICHARD ELLIS. No idJe boast, this. For in recent months, partners of
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  • TRADE AND INDUSTRY
    • 167 2 DATE TITLE LOCATION ORGANISER COURSES AND TALKS vi ar 21-23 Limit State CP 110 Sea view Compa Desl 8 n International Mar 27-29 Prestressed Concrete Sea view Compa 0681 8 11 International Mar 27-28 Costing and Financial Hilton Price Waterhouse Analysis for Marketing Managers Mar 28-30 Problem solving
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    • 135 2 UPI BURMA'S rice harvest this year is forecast to total 9.5 million tonnes, surpassing last year's crop by 25 Der cent. Government officials said the expected increase In production is due to farmers using modern techniques, more fertilisers and better seeds. The bumper harvest has not shown
      UPI  -  135 words
    • 524 2 JAPAN feels that any expansion of Malaysian exports to Its market hinges mainly on efforts made by Malaysia. This is because the barriers to greater exports stem from problems within Malaysia, says the Japan External Trade Organisation (Jetro) in a review of Asean-Japan relations. The
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    • 272 2 PROPOSALS to register and control travel agencies In Malaysia have reached the final drafting stage and will be put before the board of management of the Tourist Development Corporation (TDC) on April 11. The director-general of TDC, Enclk Baharudln Musa, denied that there has had been any
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    • 302 2 AFP NEW ZEALAND will hold Its largest-ever exhibition in Kuala Lumpur from Nov 13 to 18. Called the 1978 New Zealand Engineering and Building Services Exhibition, it will display US$2 million (554.6 million) worth of engineering plants and equipment, automative components and
      AFP  -  302 words
    • 201 2 DESPITE the slowdown in shipping activity, the demand for marine lubricants In Singapore Is apparently sufficiently strong to attract a large, stateowned French petroleum company to introduce its products here. Antar, a subsidiary of the Elf Aqultalne group, will now supply its range of lubricants, under
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    • 133 2 Taste of action FOOD Asia, an exhibition of food, drink and hotel and catering equipment to be held next month, will be an opportunity for hotels and restaurants in South-east Asia to show off their culinary expertise. According to Mr. Llm Ewe-Hln, president of the Hotel and Restaurant Association of
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    • 151 2 UPI VIETNAM yesterday announced a programme of price controls to help develop the nation's agriculture. A resolution passed by the Communist Party Politburo and the government Council of Pricing Work in Hanoi and Ho Chi Mlnh City said: "First and foremost, prices must serve the
      UPI  -  151 words
    • 286 2 MR. PETER Bonner Joins United Engineers on April 5 and will succeed Mr. Eric H. Walker, who will retire on June 12 after 25 years' service, as managing director. Mr. Bonner's early engineering training was with Dorman Long. He later read mechanical engineering at King's College, Newcastle,
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    • 309 2 AS MALAYSIA'S Industrial and commercial base gets bigger, there is an Increasing need for companies to retain the services of professional public relations consultants to perform a wider range of activities. One important area in public relations that Is lacking in the country
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    • 238 2 Reuter. THE PHILIPPINES wants the same tariff-free entry for coconut oil to the United States as that granted to palm oil, "Philippine Trade Secretary, Vicente Patemo said. He also mentioned that plywood made from Philippines mahogany is paying a higher tariff than plywood imported
      Reuter.  -  238 words
    • 144 2 THE 17-member Singapore Manufacturers Association trade mission to Papua New Oulnea has returned with over a million dollars' worth of business and another $4 million to $5 million orders being negotiated. According to the mission. PNG is a good potential market for Singapore-made products including children's clothing,
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  • Page 2 Advertisements
    • 256 2 M vv* sa i H '4fc ry s«s K I m\v f Kfl *4 7A 4 I i-'5 ?■< V Sis* R trail W "I HK 11^ '.W H a w. m v> aa DON'T CROWD ROUND OTHERS, LET OTHERS CROWD ROUND YOU! G* ©P* ovoe ns -i tc P
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  • Page 2 Miscellaneous
    • 636 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS I Don't allow a chap to be uninventlve (5) S Indirect remark very much In character (5) t Resort to which a poster may lead you (7) It David's disappointment (S) 11 Item of furniture in the flat (5) IS A talent for noisy retreat
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  • OVERSEAS
    • 437 3 Reuter. DESPITE last month's poisoned orange scare. Israeli farmers expect to make record profits from exports of out-of-season farm produce to Europe in winter. The scare started when a Palestinian group announced that it had injected Israeli oranges with mercury. Before it was over, Israeli officials
      Reuter.  -  437 words
    • 221 3 EAST Germany appears ready to conclude a deal on the construction of a major car plant by the end of this summer, sources at the Leipzig spring trade fair said. The sources, both East German and Western, said talks have
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    • 536 3 NYT THE Carter Administration's resistance to any increase in aid for grain and cotton farmers has been eroding under the weight of politics and pressures from farm state congressmen. The big question for the White House now is what can be done for
      NYT  -  536 words
    • 179 3 AP. AUSTRALIAN Prime Minister Malcolm Fraser said over the weekend that his government will conduct a wide-ranging inquiry into the nation's whaling industry. The inquiry, to be headed by Sir Sydney Frost, followed an active campaign last year by environmentalists off the country's only whaling station
      AP.  -  179 words
    • WORLD IN BRIEF
      • 524 3 Agencies. OFFICIALS of one of the United Mine Workers' largest districts have grudgingly predicted that a majority of the 160,000 striking members would vote "yes" on Friday to ratify a new proposed contract and end the work stoppage, now in Its fourth month. JAPANESE car exports in
        Agencies.  -  524 words
    • 339 3 AP. Reuter. A TENTATIVE settlement of West Germany's three-week-old newspaper strike was reached yesterday after extensive mediation by Chancellor Helmut Schmid't top aide. The settlement, accepted by the printer's union officials in Stuttgart, means that newspapers could resume publishing today. Publishers, represented in
      AP.; Reuter.  -  339 words
    • 968 3 THREE ISSUES TOTALLING $1.7b NYT CANADA, a country with more inflation, more unemployment and a weaker dollar than the United States, will dominate the American capital markets this week as it borrows US$75O million (551.72 billion), the largest financing ever arranged in New York
      NYT  -  968 words
  • Page 3 Advertisements
    • 339 3 Our world bankers work around the world, around the dock. 6:07 p.m. Ibicyo. mmmam v>- J r V m S cir f J 4:08 p.m. Singapore. U- pW Iff tf«fl t i> ta 1 V Tokyo. 6:07 p.m. K. Furuhata, Fujitsu Oeft); and H. Tsurumaki, Bank of America, review Fujitsu's
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  • RAW MATERIALS
    • 257 4 IN SINGAPORE yesterday, the market closed quiet with April One RSS buyers quoted at 204.75 cents per kilo, up 0.50 cent on last Friday's close. In the afternoon, the market ruled inactive with no change in prices until towards the close when a slightly softer
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    • 31 4 Rubber: March 20 Singapore: April 204.75 cents (up 0.30 cent) Malaysia: April 208.25 cents (up 0.75 cent) Tin $t,533 s i (down Official offering: 230 tonnes (down I tonne)
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    • 42 4 ZINC in London yesterday morning fell by £1 all round. This metal was relatively steady largely under influential buying of cash material which narrowed the contango to C 1.50 near the closevfrol £2.50 during early ring dealings. Sales were 1,750 tonnes.
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    • 398 4 1 Tires in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers hit 1 H S.S prompt f o b. 204.25 205 25N 204 00 205 00N lilt 1 K S S April 205 00 205 25 204 75 205 00 hit 1
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    • 99 4 NOON SSR prices yesterday April May RAS (Current Mth) (Forward Mth) Buyers Sellers Buyers Sellers (cent* ►er kg) (cents I ierk«) SSR 20 (1-ton pallet) 194.50 196.50N 195.50 197 50N SSR 50 (1-ton pallet) 192.50 194 50N ***** 195 50N MRELB SMR5CV (1-ton pallet) 214.00 216 00N
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    • 150 4 THE Straits tin price in Penang weakened another Msl6% per plcul to $1,533%. Lack of buying activity locally and overseas, and continued weakness in London brought the market lower, dealers said. Turnover fell marginally to 230 tonnes from Saturday's 231. In LONDON yesterday, tin fell by £45 for
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    • 214 4 THE kilobar in Singapore opened at 5513,547 and drifted to a low of $13,491. The market recovered In the afternoon to close at $13,574. In London, the metal opened at US$lBl.4O/70 and eased to a low of $180.65/95. Thereafter, buying support pushed the market to close at a high
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    • 330 4 ROBUSTA futures in London yesterday ended the opening session slightly easier £25 lower to unchanged from Friday's close in sates of 188 lots. Values edged lower under local dealer and jobber trading which partly reflected an extension of Friday's easiness and a lower New York close. Some traders said
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    • 218 4 PRICES all held steady in a quiet Singapore produce market yesterday. Whatever business reported was minimal and confined to book-squaring accounts. Small sales were made on consumer accounts. As far as overseas accounts were concerned, dealers were adopting a wait-and-see attitude. The undertone for pepper was still soft
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    • 96 4 COPPER wlrebars In London yesterday finished the morning showing losses of 1*4.50 for cash and £5 for Three Months. Values gave modest ground as profit-taking came to a somewhat overbought market which lacked fresh significant physical demand, dealers said. Three Months traded at t'6Bs briefly during premarket dealings but
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    • 58 4 SILVER showed losses of 8.5 to 8.7 pence per troy ounce In London yesterday. Pre-market values were lowered following the sharp decline at New York on Friday, trade sources said. The fall In gold and a relatively low bullion dealers' fix undermined sentiment further and prices eased under liquidation.
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    • 71 4 LEAD in London yesterday finished the morning with losses of t'3.25 for cash and C 4 for Three Months. The pre-market was steady but values declined in the ring under profittaking and liquidation prompted by the trend in copper. The movement was extended on the kerb where stop-loss selling
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    • 128 4 TERMINAL in London yesterday opened C 0.50 to CO. 15 below Friday afternoon closing levels. Turnover totalled 206 lots. Dealers said lack of fresh news resulted in a very quiet opening with prices drifting slightly lower. News from Bangkok that 1977/78 sugar production was not expected to meet the
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    • 96 4 TERMINAL in London yesterday opened £1.5 to £10 higher. Turnover totalled 144 lots. Dealers said the market was quiet and rather thin on lack of news and after initially dipping by upto £7 following New York, values held steady. At the end of the morning. values were £24 to
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    • 1217 4 CURRENCY movements continued to act as a disturbing Influence on the commodity markets last week with prices tending to fluctuate, although a firmer undertone developed after the renewed tension in the Middle East, particularly among base-metals. Moves towards settling the three-month US coal
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    • 364 4 THE Thai Commerce Ministry has fixed a total rice export quota of 26,000 tonnes per month for the regular markets of Hongkong, Malaysia and Singapore, effective next month. Trade sources say of the total, the quota for Hongkong will be 10,000 tonnes and for Malaysia and Singapore 8,000 tonnes
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    • 216 4 THE sugar market closed little changed In quiet trading yesterday with 13 lots traded against 10 on Friday, dealers said. Trading was restricted to May and September, which fell 0.06 and 0.03 US cents respectively on two-way The Hongkong dally spot sugar price fell 0.05 to T45 US
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    • 206 4 YARN and cotton In Hongkong dollars, spot ex-godown (ottoo Vara: China Blue Phoenix 20 s 1,755. 32 s 2.000. 40 s 2.170 (per bale of 400 Iba). Piece Goods: Chin* Butterfly and Globe Brand unq. Dragon Head unq Five lambs una. Flower and Butterfly unq. Flying Geese unq
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    • MONEY AND EXCHANGE$
      • 551 4 CAUTION continued to keep the foreign exchange market here quiet yesterday. with dealers unwilling to make commitments. Generally, rates saw some movement only with the entry of the London market. Against the Singapore dollar, the US unit opened at 2.3070/90. It moved up slightly later In the morning
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      • 183 4 Asian rates ASIAN currency deposit Interbank rates as at close on Mar 20 US dollar* (Spot) Offer BkT 7 days 1 mth 2 mths 3 mths 6 mths 9 mths 12 mths .7 7 7 3/16 .7 5/16 7 11/19 7 3/4 7 13/16 6 7/8 6 IS/16 7 1/16
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      • 46 4 RANGE of prices offered by discount houses on Mar Overnight 2-3'.H Call deposit 3 1/4% Closing 3-Month Buying Selling Treasury bills 31/4 3 1/8 3-Month Bank bills 4 7/8 4 3/4 3-Month CO 5 4 7/8 6-Month CD 53/8 51/4 Source: National Discount Co. Ltd.
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      • 117 4 YESTERDAY the US dollar closed sharply lower at 229.85/ 230.05 yen compared with 231.05/ 232.05 In New York on Friday. It ended above the day's lowest levels against other major currencies as operators drew encouragement from the CentreRight coalition victory In the French general elections. However, houses declined to
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      • 80 4 Euro rates IT WAS a customary slow Monday start to Eurodollar deposit trading In London yesterday. Time deposit rates opened little changed, apart from a few technical alterations, and have since held steady In routine trading. The One Month rate was about down for a loss of Friday end-of-period and
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      • 325 4 THE French franc pared some early gains against the dollar yesterday in quiet opening trading after sharply higher first indications of 4.50/60 up from 4.66/67 on Friday. The advance followed the defeat of the French United Left grouping in Sunday's French general election run-off. Short-covering in francs had already
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      • 225 4 AFTER Bank of Japan Intervention, the US dollar for overnight delivery closed at 230.03 yen yesterday, slightly up from the postwar record low of 230.00 at both the opening and Friday's close. The Bank of Japan resumed intervention Just before the close, buying an estimated $20 million at 230.00
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      • 49 4 FRANKFURT exchange opening quotes on Mar 20 US 2 0425/45 Can 1 8180/8210 Sterling 3 881/901 D F1 83 50/65 S Fr 106 45/80 Ut 2 38/39 F Ft 44 38/53 N Kr 38 33/43 B Fr (con) 6 422/432 B Fr (fin) 6 43/44 Yen 0 8882/92
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      • 56 4 AUSTRALIA/NZ exchanges quotes on Mar 20 AUSTRALIA: US dollar 1 1406/1 1358 Sterling 0 6001/0 5833 Ninety-day air mall buying rates Sterling 0.61*6 US dollars 1.1708 Ninety-day forward buying rates Sterling 0 5V25 US dollar 1.1392 NEW ZEALAND Sterling 0 5383/0.5354 US dollar 1.0279/1.0179 Ninety-day airmail buying rates; Sterling
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      • 73 4 THE AVERAGE prime rate of bank* In Singapore aland* around 7 per cent, with the range running between SV per cent and 7V« per cent. Overaea-Chineee Banking Corporation ia at the lower end of the range while a number of bank*, including Citibank and Development Bank of
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      • 348 4 OavcrtiMc* Bid Offer Ashland 5 M 86 50 88 50 Ba brock 7 92 94 00 95 00 Beech OS 92 93 00 94.00 Chevron 5 88 121 SO 123 50 Chrysler 5 88 East Kodak 4S 88 89 00 71.00 79 50 81.50 Ford 588 83.00 85.00 ICI6*97
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  • Page 4 Advertisements
    • 138 4 M L 'X'V f ,V Kenneth Kenneth Lo, the well-known Chin— cookery writer, introduce* the reader to the techntquee el Chineee cooking, and glvoe an Inelght Into their unique way of eeting. Beginning with simple one* dish metn couroee, he progrseeee through popular soups to deeeerts, giving the cook a
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  • TRANSPORT
    • 886 5  -  By TERESA LIM SINGAPORE'S merchant fleet Is now the 14th largest in the world, up one notch in only a year. The size of its fleet is now 6.8 million tonnes, up 1.3 million tonnes over 1976. According to Lloyd's Register
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    • 121 5 UPI. AIRPORTS are making only half-hearted efforts to reduce the threat of collisions between aeroplanes and millions of birds, the US National Wildlife Federation said. "It's only a matter of time before a bird-plane crash of appalling proportions takes place somewhere in the world," said
      UPI.  -  121 words
    • 103 5 THE FIRST of Barber Blue Sea'a (BBS) multi-purpoee vessels to aerve the trade between Singapore and the US Atlantic, Gulf coasts, arrived in Singapore on Saturday. Menelaus, (above) a 22,024-dwt vessel with a capacity of 773 TEU and one million cubic feet, carries a variety of goods from
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    • 86 5 BURMA Airways Corporation (BAC), Burma's stateowned airline, has received official approval from the Department of Civil Aviation in Singapore for its new service schedule. BAC will Increase Its service to Singapore from one to two flights a week as from April 1. At present, Singapore Airlines
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    • 27 5 Reuter. THE Australia/ East India and Australia/ Burma outward shipping conferences said their freight rates will rise by 7 per cent from April 1. Reuter.
      Reuter.  -  27 words
    • 901 5 FT. IT WAS mainly the 65mllllon tonne increase in demand by the US last year, when Imports totalled 430 million tonnes, which gave an estimated 6 per cent lift to worldwide seaborne oil movements. It was also port conditions in the US which ensured an
      FT.  -  901 words
    • Article, Illustration
      391 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barge SC 8698 (1500) 33/34 Ivory Oak (0800) 22 Logos (1400) 40/41 Perak (1230) 21 East Sebarok (1000 after Rajah Brooke) 20 Stolt Span (TankerP/O) (after Fujltsukl Maru b Kelyo Maru) 15/10 Westmorland (after Menelaus) 38/39 Woolgar (after Fortune) 19 PASIR PAN
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    • 168 5 Reuter LANDING FEES at Tokyo's new international airport at Narita, opening this month, will make It the world's fifth most expensive airport after Sydney, Heathrow, Frankfurt and Stockholm. The new airport authority said it has agreed to a request by the International Air Transport Association to
      Reuter  -  168 words
    • 182 5 AFP THE start of a new Air France weekly service between Ho Chi Mlnh City (ex-Saigon) and Paris next month will help end Vietnam's present isolation from the outside world. Residents In Vietnam hope it will also accelerate air mall between Vietnam and Europe.
      AFP  -  182 words
    • 648 5 DEPARTURES 8arviee Local Operator Number Tim® For CAL CI332 0210 TPE TMA TL303B 0415 TPE SIA SQ102 0615 KUL JAL JL616 0720 KUL/HKG/TYO CPA CX720 0730 PEN /BKK/HKO THAI TG402 0745 BKK KUL/( PEN/HKO MAS MH604 0800 QIA GA981 0800 HLP SIA SQ104 0815 KUL SIA SQ6
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  • Page 5 Advertisements
    • 388 5 BUDGET FARES AND SUPER SAVER FARES TO U.S.A. ft i Uiiiiiii THE GREAT BOOKS OF WESTERN OVDiZAnON 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
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  • 429 6 IT WOULD indeed be surprising If the United States congressional Joint economic committee was to produce a single cohesive view on how the economy should be handled for the best results. The Americans take both their politics and their economics seriously so disagreement Is virtually
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  • 257 6 THE MOVE to allow CPF to be used lo purchase shares in SBS (1978) Ltd is an interesting precedent for the Republic. Never before have such funds been permitted to be invested in corporate securities, other than government backed securities, and It raises the
    257 words
  • 1964 6  -  ROBERT HELLER, editor of "Management Today," is both the spokesman of modern management and an original thinker, with considerable background in business journalism Singapore will soon be able to benefit from his insight, as the author of well-known works such as "The Naked Manager",
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  • Page 6 Advertisements
    • 533 6 MS (Mud Road, B'pore 9. Tel: *****2 406/407 Havelock Road, S'pore 3. Tel: 4828tl HOTEL ROYAL-RAMADA Newton Road, S'pore 11. Tel: *****1 Pebble Bar Come and be enchanted by the repertoire of the dynamic duo Adam and Ben (appearing for a short season only). Daily (except Sunday) open till 2
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  • Page 6 Miscellaneous
    • 54 6 WE A THER outlook for Singapore from 6am to noon today: Generally fair. fo E a°cll!££rt hOUr 'March Maximum Temperature 32.0° C Associated Humidity 53 Minimum Temperature 23.0° C Associated Humidity 100 Hours of Sunshine 9 55 Rainfall in Millimetres nil Total Rainfall for the Month 67.9 Total Rainy Days
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    • 263 6 SINGAPORE 5 3.00 PM Opening announcerrffcnts followed by What's My Line 3.25 Diary Of Events (English) 3.30 Afternoon Matinee Shock Treatment (Pt. 2) Starring: Stuart Whitman, Carol Lynley, Roddy McDowall, Laren Bacall 4.05 Science Report 4.20 Intermission 6.10 Opening announcements followed by The Road Runner Show 6 6.30 News in
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  • 581 7 j ,jj LAW REPORT KSR I IT IS PERHAPS fitting that Singapore lawyers have to renew their practising I certificates (hereinafter re- ferred to as "the certlfl- cate") by April Fools' Day each year. In recent weeks J the Law Society will have i
    KSR  -  581 words
  • 185 7  -  Letter to the Editor Abdul Rahman b Mohd Said Dear Sir, We refer to the comment by Zephyr In his column "Straws in the Wind" (Business Times, 11 March tfl7B). The new dialling tone, which is a continuous 400 cycles per second tone, has 'been
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  • 1228 7  -  Br GRAHAM NEWHAM THE AMERICAN economy is sending out signals which are confusing analysts and casting doubt on how much a coal strike and another harsh winter are really affecting economic activity. Treasury Secretary Michael Blumenthal has told Congress that the first
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  • 627 7 ALMOST 20 Singaporean* turned out for get-together on Saturday night, rendezvous-ing at 8.15 pm. A pub crawl? Group outing to gorge on. chilli crab? No Frogging. Frogging? Yet, Frogging. It was tight for tore eyet, this hardy band trudging through the Bukit Timah forett reserve late
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  • 927 7  -  [FOBUHJ f V ...on economics J »y. JOHN TAN AMONG the Singaporeans hardest-hit by Mr. Hon Sul Sen's latest round of fiscal changes were those aspiring to be car or motorcycle owners. Mr. Hon raised the prices of new vehicles by substantial
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  • Page 7 Advertisements
    • 303 7 Public Relations Officer Telecom a 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
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  • Page 7 Miscellaneous
    • 43 7 'FOOfcNING MtSS v3e.»LL f lIGOOD O<V*N\NG I WPNt M&RC f\ SCMOOL I WCiXOOTC "TO CHESTS* ueAve.R 6>f DupiMc fcLOG&S 9tf\GC Wvra \N t(£MOGg MPiTSIDS 1« U Be StRRTiHG ijTN TvC PC6T J ITOLLOU) OX, 7 Dupmg go or rnf?. U0& THIS V WSTprtrr
      43 words

  • INTERNATIONAL STOCKS MARKETS
    • 561 8 Tokyo Source: DBS-Daiwa BUPPORTED by strong buying, share prices opened bullish yesterday centring on pharmaceutical, oil refining and incentive-backed speculative Issues, but closed lower bemuse of concern over the sharp appreciation of the yen towards the close. Pharmaceutical Issues such as Shlonogl and El
      Source: DBS-Daiwa  -  561 words
    • 412 8 Source: San Hung Kai Sec Ltd PRICES continued to advance yesterday morning In vigorous trading, with buyers appearing across the board and only light selling resistance. While prices continued to move up generally, market leader HK Bank failed to react with buyers unwilling to pay up. Hongs were much
      Source: San Hung Kai Sec Ltd  -  412 words
    • 311 8 THE market closed mixed In quiet trading yesterday, dealers said. BHP shed four cents to A 55.68 and In mixed banks, NSW eased two to *5.06 while the ANZ rose three to $2.81. Central Pacific gained 25 cento to 92.85 and Southern Pacific advanced 12 cento on oil shale
      311 words
    • 139 8 THE market closed higher yesterday with all sectors posting slight gains and turnover rising to 3.15 million pesos from Friday's 1.47 million. Dealers said leading mining issues remained firm while others had small gains. Oriental lost one point but Basic Petroleum gained one and other oils had slight gains.
      139 words
    • 152 8 MAR Bahts AjU Fibre 275 ♦3 Bangkok Bank 389 •2 Bangkok Invest. 382 -8 Bangkok-Metro-politan Bank Bata IIS 15 Bern Jucker SOS unch Carpet Intnl Charoong Thai Wire Dumex DusltThanl 362 +•4 Faber Merlin First Trust •04 -4 Oenera Finance 388 -4 Indo-Thal Industrial Finance Corp 3095 -30 J
      152 words
    • 38 8 H.K. HANG SENG Monday 428 38 Friday 423 45 Week Ago 421 42 SYDNEY INDUSTRIALS Monday 3W M £r w *y 3#5.48 Week Ago 394.20 ALL ORDINARIES Monday 447.77 Er w «y 448.58 Week Ago 446.95
      38 words
    • 2261 8 US machine tool industry the veritable bottleneck NYT. WHEN Mr. Frank Daley director of manufacturing development for GM said "I've got a bonfire going and those guys want t standardise buckets," h was venting his frustratloi over a favourite whippin boy of American industry the machine tool business. The carmakers
      NYT.  -  2,261 words
    • 1067 8 NYT LONDON: A British exf ecutlve made national headlines not long ago when he stood up at a convention and bared his financial soul. "My t'2oo suit Is really I*lo,ooo worth of gear, he complained to fellow Industrialists. It costs me £15 to buy
      NYT  -  1,067 words
    • 470 8 NYT. ASK the average shareholder or broker what they would most like to see in the stock market now and the response probably would be a rousing rally, or words to that effect. But Mr. John Mendelson of White. Weld and Co. takes the opposite view. Mr.
      NYT.  -  470 words
    • 321 8 NYT SOME investors who have r lost money in stock options i have discovered that without risking a great deal i more they can try for bigger i profits in an unexpected area: bankrupt corpora--3 tions. Most of the opportu- nities will be found In
      NYT  -  321 words
  • Page 8 Advertisements
    • 124 8 Don't let the language barrier stop you from wider contacts > 1 t-. $4. I <v» r A^ e 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 language is
      124 words

  • INTERNATIONAL COMPANY NEWS
    • 357 9 NORTH AMERICAN COMPANIES Agencies LOCKHEED Corp's major costs to develop the L-1011 Tristar are over and the company looks forward to reaping profits from the plane through the 1980. President Lawrence Kitchen, addressing the National Aviation Club, said: The Tristar is a programme with a very
      Agencies  -  357 words
    • 140 9 GENERAL Motors last week unveiled an electric version of its Chevette Minicar, and said It was nearlng the day when electric cars would be feasible. Dubbed the "Electrovette," the battery powered car was the first of a series meant to determine what equipment Is needed to
      140 words
    • 831 9 NYT. -NEW YORK: Ten or 12 r years ago, a Wall Street broker recalled: "Some of .my customers especially the doctors used to say 'that the letters In IBM's -stocks stood for 'I buy money.' The attraction for buying into International Business Machines
      NYT.  -  831 words
    • 51 9 ASIAN COMPANIES JAPAN is to export to Pakistan two cement »manufacturing plants with dally output capacity of ;j.OOO tonnes. Heavy Industries, Ltd., of Tokyo has signed a 10,500 million yen (SSIOS million) contract, to -be financed by the govern--mental yen credit, with -Pakistan's State Cement Cooperation
      51 words
    • 44 9 KYOWA Hakkao Kogya Co. 3?ald It will establish a new nttrm in Tokyo in a Joint venture with Johnson and Johnson of the US. -The new firm, JanssenKyowa Co., to be capitalised ►at U*****,00, will develop imported drugs from Jans,,spn Phamaceutlcal.
      44 words
    • 79 9 TELECOR Inc said Matsushita Electric Corp of America proposed the possible acquisition of Telecor. However, the companies gave no specific details, Matsushita Is a subsidiary of Matsushita Electrical Industries of Osaka. Telecor said the proposal was made during dis- cussions on a contract renewal between Telecor's
      79 words
    • 468 9 Washington Star SALE of the Washington Star to Time Inc. was formally completed last Wednesday. The newspaper's ownership passed to the New York-based publishing firm with the acquisition of Washington Star stock previously held by Mr. Joe Allbrltton. In a brief announcement. Time
      Washington Star  -  468 words
    • 38 9 BONDS AND LOANS PARIS: Costa Rica Is raising US$2O million (SS46 million) in seven-year Euronotes with a floating rate of I'/« percentage points above London interbank offered rates, lead manager Banque Nationale de Paris said.
      38 words
    • 60 9 THE Kingdom of Spain Is holding talks on raising a Eurobond issue, probably for 200 million marks. Dresdner Bank AG, which managed Spain's first mark bond issue last year, was named as lead manager for the bond. It would be likely to come to market fairly soon, but final
      60 words
    • 428 9 TOKYO: Toyota Motor Co. and Nissan Motor Co., two major Japanese car makers, registered sharp growth in exports and a slight increase in domestic sales last month from the same period in 1977. Toyota attributed the increase to brisk shipments of small trucks to West
      428 words
    • 445 9 SONY Corp expects that net Income for the fiscal year ending Oct 31 will be "considerably affected" If the dollar becomes weaker, but total sales for the year will exceed that of last year, chairman Aklo Morlta told •security analysts In New "York. In fiscal
      445 words
    • 162 9 UPI. SEVEN Japanese electronics manufacturing companies announced that they soon will begin selling colour videocassette recorders called the "Betaformat Standard" in Europe. The announcement means Duyers In Europe will be able to use cassette tape produced by one company on a videocassette recorder manufactured
      UPI.  -  162 words
    • 59 9 AP HINO Motors Ltd. of Japan said it has signed a 4 billion yen (SS39I million) contract to provide Burma with a dlesef engine manufacturing plant. Hlno officials said the plant would have an annual production capacity of 12.000 engines to be used for automobiles They
      AP  -  59 words
    • 44 9 RANGOON: Denmark has agreed to extend an interest free US$5.2 million loan to Burma to help develop its fishing industry. The agreement was signed on Tuesday by Burmese Deputy Planning and Finance Minister Maung Sheln and Danish Ambassador to Burma Frantz Howltz.
      44 words
    • 43 9 THE Norwegian state oil company Statoil said it plans to raise a US$3OO tenyear. floating rate syndicated loan with a coupon of s per cent over London Interbank offered rate for the first six years and per cent over Llbor thereafter.
      43 words
    • 139 9 Reuter UTAH Development Co said it suspended the entire 2.000-man workforce at Its four central Queensland coal mines for 24 hours after they staged a 24-hour strike. Utah said it suspended the men for breaching their industrial award by staging the unauthorised strike. Queensland
      Reuter  -  139 words
    • 80 9 Reuter TOOHEYS Ltd posted unaudited consolidated operating profit A 53.58 million (53.54 million previously) for the halfyear ended Jan 1. Sales were 5127.92 million (SI 14.27 million). Profit is after tax of 52.60 million (52.53 million). Interest stood at SI .69 million (51.31 million) and depreciation
      Reuter  -  80 words
    • 301 9 EUROPEAN COMPANIES Reuter BAT Industries Ltd chairman Peter Macadam said it will be difficult to maintain last year's profit. "At the present time, with five months of the year behind us and exchange rates at their current levels I believe that maintenance of last year's
      Reuter  -  301 words
    • 73 9 MUNICH: Siemens Ag management board chairman Bernhard Plettner said new orders in the first five months of the year to the end of September were 4 per cent up from the corresponding period last year. He told the anrvual meeting the rise stemmed chiefly from the
      73 words
    • 159 9 Reuter. LONDON: Phillips Petroleum Co said tests on North Sea appraisal well 16/17-5 flowed 4.000 barrels of 44 degree api gravity oil and 20 million cubic feet of gas a day through an 84/64 inch choke. The well is 2.2 km north of
      Reuter.  -  159 words
    • 94 9 GOODYEAR Tire and Rubber Co's British subsidiary will cut the workforce at its Glasgow factory by between 130 and 150 from the total 830. Last week the company announced between 300 and 400 joba were being cut from the 5.500 workforce at its Wolverhampton factory. The British
      94 words
    • 79 9 VEBA AG of disclosed net 1977 pre-tax profit of 669 million marks (SS69O million) compared with 835 million marks previously. Proposed 1977 dividend was 3 marks compared with 6 marks in 1976. Net profit after tax afcd minority interests was 77 million marks against 225 million.
      79 words
    • 666 9 UPI. BRUSSELS. With the size of American cars and the value of the dollar shrinking in about equal proportions. European car manufacturers fear Detroit is the threat of the future. Already battered by competition from Japan and Eastern Europe, Common Market car-makers are bracing
      UPI.  -  666 words
  • Page 9 Advertisements
    • 225 9 A v/ U^RS OF kf >MANC£ XXf > WSTER} $105/ POST FREE 310 pages. 30 x 27.5 cm with 253 illustrations including 92 plates in full colour. Now on Sale at all good bookshops or order direct from TIMES DISTRIBUTORS SDN. BHD., Mail Order Division, No. 1-4, New Industrial Road,,
      225 words

  • DEALS DONE ON THE SES AND KLSE
    • 2696 10 offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of snarea traded shown in brackets In iots of 1,000 units unless otherwise specified. All Time Settlement Contracts •re quoted after the world Btg Board deal (in lots of
      2,696 words
    • 145 10 Rep Spore D Mark 7% 1982 (100.000) (102 SB 103SS) Rep Spore 6 1/2% 1983 (100.000) (102 SB 103*8) Rep Spore 7 3/4% 1987 (100,000) (99*8 99*8) 4 3/4% 1/5/79 (250.000) (100.758 100 90S) 5 1/4% 15/10/79 (250.000) (101.358 101.40S) 5 3/4% 1/8/78-80 250.000) (101.15B) 4 3/4% 15/9/80
      145 words
    • 64 10 B OT 8 1/2% 1981 (100,000) (100*B 101*S) B O T 7 VB% 1984 (100.000) (9558 96 *S) B O T Floating 1984 (100.000) (99*8 99*«S) C Itoh 8 1/8% 1984 (100,000) (95 *B 965) LTCB J 1982 (100,000) (99*8 1008) LTCB J 1983 (100.000) (99*8 1008) Credit
      64 words
    • 42 10 STRIKING prices of the stock options officially listed on the Stock Exchange of Singapore, the periods, bid and offer prices and business done yesterday, with the number of options traded shown In brackets Sime Darby (March 53.4 A) (0.468 0.505).
      42 words
  • 159 10 SINGAPORE UNIT TRUST INCOME BOND UNIT (Manager*' price* for Mar 21) (Current pi rices) The Commerce.... 1.83 1.94 INCOME BOND 1.10 1.17 The Saving Fund S pore Prog Fund 105 l.llxd 0 85 0 90* MARA BUMIPUTRA FUND S'pore Security (Managers' pocei for Mar 21) Fund 169 1.79
    159 words
  • 532 10 BID and offer prices officially listed and business In and > reported to the Kuala Lumpur Stock Exchange y ester day with the number of shares traded shown In l brackets In lots of 1,000 .nits unless otherwise specified. I 'NOUS TRIALS (1 MB 1.778). AitoMMt* (2.498)
    532 words
  • 406 10 1! b Data Baafca Ctaaa Date payaMa Tatal tm tl» year T«alfc» £artia PteauttoM 12 5% Ml Pibll maUm 10H Mar 14 Mara "■■w* t*<d> Mar 13 MarX3 TafctagCeaaalMaled IMMn) Mar 3 Mar IS 15%<n) Mar 3 Maris »*(n) MarS Maris 30W Mar 7 Mar 17 S-F TWliW
    406 words
  • 2457 10 1977/1978 High Low Company Lui Sale Gr's Gr's Net Div Div YH P/E 4-or- Crr Vol Day C000) High Lo SECTION ONE INDUSTRIALS 170 280 124 262 88 246 169 291 422 146 132 Acma 165 Alcom 58 Allied Choc 212 Bata 57* Ben 155 Boustead 144
    2,457 words
  • Page 10 Advertisements
    • 127 10 For a Successful BANKING Career I LIT PIA tRA MA I SCR! NEI study with W)lsey Hall for the Institute of Bankers CONVERSION COURSE Successful candidates of the Conversion Course will gain direct entry to the Institute of Bankers Part II or Stage II eliminations leading to the Banking Diploma
      127 words

  • 736 11 -SINGAPORE INDUSTRIAL blue-chipa and rubber aharea led the Singapore stock market into one or ita moat buoyant and active aeaaiona yesterday. Trading started off on a very firm note with advances of up to 10 centa recorded in the firat deal of selected countera
    736 words
  • 710 11 PLANTATION stocks led with generous gains in a very steady market at the Kuala Lumpur Stock Exchange yesterday. Trading was active right from the opening bell and continued throughout the day with strong bullish attention focused on rubber and oil palm shares. The rest of the
    710 words
  • COMPANY NEWS
    • 795 11  -  SIN CHEW IN GOOD FORM By MANO SABNANI THE bullish interest seen in recent weeks in the two Chinese newspaper shares has been Justified by at least one of them in terms of results. Nanyang Press (1975) Ltd has Just reported a
      795 words
    • 486 11 THE strength of the Malaysian economy has filtered through to the capital goods Industry and George Kent (Malaysia) has capitalised on this growth. Its latest results of M 52.003 million for the nine months ended December, 1977, Indicate that the company has been able
      486 words
    • 464 11 BECAUSE of the very nature of Its origins and objectives, Kumpulan Flma Berhad is often the target of public criticisms some of them ill-founded whenever anything goes wrong with one of Its many subsidiary companies. The public's vigilant interest is justified as Fima Is
      464 words
    • 410 11 SIM Lim Investments has disposed of its holdings In Boon Ann Properties (BAP) in a bid to improve Its liquidity. In an announcement made over the weekend, the company says It had entered Into an agreement to sell Its stake of 50 per cent
      410 words
  • Page 11 Advertisements
    • 295 11 i >km r x?V JBUSINESS TIMES: Special Feature on Travel "A Businessman's Holiday With a difference" i V A P ril the time of year when people are either travelling I or planning their annual holidays. WW Because they are frequent travellers, businessmen \JT are becoming increasingly selective when it
      295 words

  • 1036 12 CHEAPER REPLACEMENT PACKAGES Reuter. ASIAN countries are cashing in on the flood of unwanted dollars around the world to fuel their economic growth with cheaper loans. And while their need for new commercial loans is slackening as they complete initial development plans, the countries
    Reuter.  -  1,036 words
  • IN PARLIAMENT YESTERDAY
    • 188 12 IN THE last six months, the Weights and Measures Office made 60 days of spot checks or about 10 days each month, to see that weighing and measuring instruments used in retail outlets are not faulty or tampered with. The Minister for Law, the
      188 words
    • 117 12 PARLIAMENT has been asked to approve a rise in the Republic's subscription to the International Monetary Fund to Ssl42 million (or 49 million special drawing rights). The Finance Minister, In a notice of motion handed in on March 16, noted that the approval is necessary under
      117 words
    • 490 12 THE GRANTING of citizenship is a privilege and not a right, said Mr. Chua Sian Chin, Minister for Home Affairs and Education, in his reply to backbenchers in Parliament yesterday who were asking for a more liberal treatment of citizenship applications. He said that the
      490 words
    • 229 12 STUDENTS who pass out of vocational Institutes tend to fare better when seeking work compared with others. This point was made by Dr. Ahmad Mattar, acting Minister for Social Affairs In Parliament. Enclk Sldek bin Saniff (Kolam Ayer) had asked earlier how long after completing their courses before
      229 words
  • 682 12 LONDON, Mon. Stock prices closed steady tn thin trading, but Government bonds declined French stocks advanced up to 8 per cent after the election results, dealers said. At 3.00 p.m. the Financial Times index was down 0.4 at 456.8. Government bonds closed S point lower after being up
    682 words
  • 260 12 A GROUP of businessmen from the ruling family of Kuwait and merchant families in Saudi Arabia and the United Arab Emirates have teamed up with American executives to form an investment hanking venture in the United States to recycle petrodollars into investments in the
    260 words
  • 196 12 Reuter. THE UNITED Arab Emirates (UAE) government will revise a draft law which would require a 51 per cent local partnership in all foreign commercial ventures. The decision follows comments by the governments of the seven member-state of the UAE Federation and local chambers
    Reuter.  -  196 words
  • 339 12 UPI. JAPAN yesterday spurned a Common Market demand that it pledge to slash Its current account surplus to US$6 billion (5513.8 billion) in fiscal 1978 starting April Government sources said the demand was made by Wilhelm Haferkamp, Vice President for External Affairs of the EEC
    UPI.  -  339 words
  • 77 12 JAPAN will be able to import from China as much as 30 million tonnes of crude oil annually after 1982. Mr. Yoshlhlro Inayama, chairman of Japan's top steelmaker, Nippon Steel, yesterday said that under an eight-year trade agreement signed on Feb 16 in Peking, Japan Is to
    77 words
  • 602 12 RELATIONS between developed and developing countries may deteriorate further If the "special and differential treatment" for exports of developing countries sought at the Tokyo Round of multilateral trade negotiations Is not clarified, a report from the Trade Policy Research Centre In
    602 words
  • 334 12 ALTHOUGH Malaysia's New Economic Policy Is geared to re-structurlng the ownership of the economy, the government will continue to welcome foreign direct investment, according to Mr. Peter Laporte, Manufacturers Hanover Trust's representative in Kuala Lumpur. Mr. Laporte, reporting in the company's latest issue of Byline, said
    334 words
  • 253 12 AT A TIME when every Incentive Is needed to encourage tin producers to Increase output to meet demand. the US stockpile is "again promising to be more an economic deterrent to producers than a lifeline for consumers." Describing this as a '•matter of regret,"
    253 words
  • 199 12 Reuter. A FURTHER fall in the rate of inflation, the avoidance 1 of a credit squeeze in the coming months, and subdued oyerseas economic growth were predicted by Australian Treasurer, John Howard. He told a business luncheon organised by the Australian Financial Review that
    Reuter.  -  199 words
  • 122 12 Reuter JAPANESE Finance Minister, Tatsuo Murayama, said a modified version of the "Roosa Plan", with more nations Involved, should be worked out to stabilise the dollar and other currencies. He told an Upper House (Parliament) committee he hopes to exert efforts to establlsh a new international
    Reuter  -  122 words
  • 58 12 Reuter. MALAYSIAN government officials will sign an agreement In Tokyo on Thursday to float a 15 billion yen (about SSISO million) bond on the Japanese capital market. Negotiations on terms for the 10- to 12-year loan are taking place with a Japanese underwriting syndicate of about 30
    Reuter.  -  58 words
  • Page 12 Advertisements
    • 207 12 ALL BIFOCAL WEARERS! If your vision is restricted like this... It is because the view through the segment of a flat-top bifocal is limited. SEE MORE WITH THE EXECUTIVE BIFOCAL It provides an unlimited field of vision because the bifocal segment stretches all the way across the lower portion of
      207 words

  • 4926 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. SeanDntch has a Joint aer- X vice
    4,926 words
  • 712 13 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Ahll Shipping Sharjah Algerian National Line (CNAN) Unipacific Alpac Line Intrasea Anhsing Line Strongwtll Angkutan Pertambagan Eastern Wa* Angkutan P. (Cont. Service) Straiu Shipping APL (American President Lines) APL
    712 words
  • Page 13 Advertisements
    • 296 13 TMC KST MO FASTEST MY TO THE USA IS MAERSK UNE SINGAPORE *****46 K.LUMPUR ***** PENANG *****1 P. KELANG *****0 SHIPPING I L INDIA STEAMSHIP COMPANY. LIMITED CARRYING CONTAINERS SINGAPORE PKELANG PENANG LOADING FOR IN PT/22 MAR 23/25 MAR 26/21 MM R OAM ANTWERP /H' BURG TILBURY/L POOL ONE 21/22
      296 words
    • 150 13 NOTICES TOKO LINE m.v. "Zamboanga" Voy:43 arrd on: Jurong commercial wharf. Consigness of all damaged General Cargoes ex. The above named vessel are notified that General Survey will held on 22nd March 1978 as from 10.00 am to 3.00pm. No further survey will be held. AgenU: Pan Continent Corporation. Tel:
      150 words
    • 17 13 aa.u^J NEXT MIDDLE EAST VESSEL WORLD LION V I 49TH FLOOR, NOM LEOM KOi, li RAFFLES QUAY
      17 words

  • Page 14 Advertisements
    • 736 14 Hapag-Lloyd FULLY CONTAINERISED TO EUROPE □PRESS CONVENTIONAL TO EUROPE S'pw* P KtUnf Pw B'lwu I Bvntmttin In Pert •HLtMkarM 29/3 31/3 4/4 (tatfalu 9/4 Muntcriim) 20/4 J Almunnu J/5 2 *CjMm Bifcao (30/4) FULLY CONTAINERISED TO USA/CANADA fmtm P S'P*" NR Mm H'burt Rdam 18/4 23/4 14/4 11/5 9/5 6/5
      736 words
    • 754 14 Jl a SANKYO LINEI AUSTRALIA SERVICE THREE STAR 27/29 Mar SEABLOOM IN PORT KYOSEIMARU 30/31 Mar MAY SKY 30/31 Mar KYOTEN MARU 14/15 Apr Singapore loading for 75/26 Mar FREM. AOEL, MEL. SYD SAILED BRIS. SYD 1/2 Apr FREM. AOEU MEL 1/2 Apr BRIS. SYD 16/17 Apr ADEL, MEL. SYD
      754 words
    • 523 14 mLAND U.S.A./ ASIA SERVICE DRY REFJHGE RATED CONTAINER SERVICE SAILING EVERT WEDNESDAY FOR PORTS IN USA CANADA CARIBBEAN JAPAN. KOREA. TAIWAN HOM ROM. THAILAND AW PHILIPPINES 40TH FLOOR, HONG LEONG bLDC .16 RAFFLES QUAY. SINGAPORE 1 Customer Service Boc*.,i| *****22 Termmji 3 *****37 REGULAR RORO BERVIC Go one better to
      523 words
    • 835 14 LOADING FOR DURBAN CAPETOWN BUENOS AIRES PATAGONIA ARGENTINA 27/21 Mat CtA Transportation Maritima Mtxicana S. A. "MEXICAN NATIONAL LINE" FAR EAST MEIICO t CENTRAL AMERICA LOADING FOR ENUNAOA. MANZANILLO. ACAPULCO ACAJUTLA CORINTO SAN lOSE I rUN TARENAS (COST* RICA) WITH TRANSHIPMENT AT HONGKONG Sing aport P Wm| Penang THOMASEVERETT JOSEFA
      835 words
    • 655 14 JARDINI ANIAH Orient Overseas Go*dai*te/i Line FULLY CONTAINERISED SERVICE TO EUROPE <VIA SUEZ) S pan f K«iM| blw ItHatrt H KONG CONTAINER 9* j l/3 1/4 I|/4 a/4 ORIENTAL CHIIF 8N J/« 18/4 77/4 38/4 S SEAS MINI IS* 15/4 IS/4 3/5 7/5 ORIENTAL RESEARCHERIW 22/4 23/4 10/5 13/5 CHEVALIER
      655 words

  • Page 15 Advertisements
    • 965 15 C)CL Overseas Containers Limited ctnuosMp service n n/cwtikxt: 14 Mar n Mar 14 Mr N U) 17 Apt U2 Apr) 1! Mar II Mar UApraAprftAprllApr I Mr lABraAfraAt*BA»r(4Mp») •SAM lAT 11 ift t> I Ikf IMI 1! IDI >Ml HU«H II Apr 11 Apr 11 Mar 1) Mar 14 May
      965 words
    • 1205 15 Ben Ocean Ajant service,ofßen Line Blue Fbnnei den Lme and NSMO ti n/CMmam imo tmo ——Da* Sopm P. Mini Pmm( (iw P4TBOCLUS 1/ 4 Apr IJ/1I Apr 11/11 Apr 11 May B'lkao, test H'bwt. DbMii LpaaL. lEHMHOR 17/10 Apr a/21 Apr 12 May I'UM, U>mv Hall. lEKIIUCIUI 27/20 Apr 1/
      1,205 words
    • 832 15 BEN LINE CONTAINERS cm □E3K J4 Mar M Mir 1 U Mr H If 11 Mm Mr) U I MIX MM* IT Mar n Marl It Mr U Mr O Mr 11 tar IT I mmm (imu im> »m> i «nra»r ii mi« m« m i MMA MT 1] Mr
      832 words
    • 903 15 r Scan Dutch V EXPRESS CONTAINER SERVICE VIA SUEZ WESTBOUND TO MED/UK/ CONTINENT/SCANDINAVIA eeOei Uom p Kelang veuel s pore 1) Mseilles Z Rdam 3) Mburg 0 Ct>u 'tMr I'M P Vessel SIUMIA MMM MAMCtSCA 1 Ml BtlllU Uf ANHA 1«/ TITAMA fUMitu a/ ujiui (MM IwtMn 'AIM acceptiag carga
      903 words
    • 571 15 GUTHRIE BOUSTEAD^'™ BANK LOCK LTD. LNK FN Lll AFUCA PUVCRANH (Mraritiu. Ptwuao. Mbtsa. Tngt. Btira, Dvrtf. C.L., 'J. c r>,,o n) p "»«l f a/a Mar r»ort I*«/» mm TESTiAM Mauritius. Reunion. Durban. Mombasa. Tonga. D salaam. E.L., P.E.. J-trjfit P. Kalang tl/H Apr S(H tl/17 Ist nw iut t
      571 words

  • Page 16 Advertisements
    • 861 16 v/W IfcV ,7 "K" LINE KAWASAKI KISSN KABMA LTD. f cNumatsa soma ebmpe oru sbld S'pori P. Kelar.f L Havre H'burj Brpmea MNMMS CONTAINER If 31 iv 1 Apr 21 Apr 21 Apr 22 Apr ORIENTAL CHIEF IW 9Mr II Apr 31 Apr 1 Nay 1 May SEVBI SEAS BRIBGE
      861 words
    • 1121 16 SERVICE ICCEOTIK FCI/ICI CWTAINOS FMH S'POtt. P. lEIANS. PtUlt lead eg fee: NORFOLK, NEW TNI. "VISNVA SI90KI" (Disc) Ml|) "VJSNVA VIKRAM" (MRS* 20 SCI) G.44lit Mar il/l« Mar 15/» Mar 77/20 Mar 11/H Mat E. C /GREAT LAKES SERVICE Laad.ag far: NORFOLK. NEW TOW. MONTREAL. TOl ONTO ASHTABULA, BETIOIT. CHICAGO.
      1,121 words
    • 907 16 m NEPTUNE ORIENT LINES LTD FULLY CONTAINERISED SERVICES: n ann i»u mzr run P.Rclmc S*taMptoa ITtari Irm. HBNCKONC CONTAINER 31 Mar 1 Apr 1) Apr 21 Apr 22 Apr HBNCKONC CONTAINER 31 Mar OIIENTAL CHIEF I Apr SEVEN SEAS MIDSE IS Apr OIIENTAL RESEARCHER 22 Apr 21 Apr CNEVALIEI PAUL
      907 words
    • 358 16 MAI 4YSIAN INTERNATIONAL SHIPPING CORPORATION BCPHAD TIL. KL *****4. EXPRESS FULLY CONTAINERISED SERVICE TC/FROM M ED/CONTINENT/SCANDINAVIA Feeder f. K.l»«i Vessel S ooff Iheilles 21 ftdra 3) Hburt 4) Gbur« ktae Acctpt«f feci 1) larcelaM, (MM. n toiUi atm, U Hurt, hM, In*, U, 1) Crimea tAceept.af con Nr Mitisat*a at
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    • 791 16 INTRASEA (PTE) LTD. f ,ibor '-JE Telephone y-^* 1 tESILAI IMEKNKNT SEWICE T| EMIPE Spore P. KcUh P ww« LnM| hr MV. FIMIX O tor Sailed A«rp/*dam/H'burg. 'M.V. At CIS BALTIC IS Apr I Apr 17 Apr S'tw/R dOT/H burg/ A'werp. M.V. LM VINAV 15 Apr 21 Apr A'afcfp/ITdafli/H'burg. Tkraapt
      791 words