The Business Times, 25 August 1978
1978-08-25
1
16
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section11 1978-08-25 1 BUSINESS TIMES M.C.(P) No. 218/1/78 FRIDAY, AUGUST 25, 1978 50 CENTS11 words
-
BRIEFLY...
-
Article70 1978-08-25 1 THE US dollar slipped again In Europe and Japan yesterday and the price of gold rose to U*****.70 an ounce at mid-morning In London compared with Wednesday's close of $201.05. The US currency finished the day In Tokyo at 191.65 yen against 192.06 yen on the previous day.70 words
-
Article89 1978-08-25 1 AP TOKYO, Thurs. The Japanese government took steps to give the public the benefit of the rise of the yen by instructing electric and gas companies today to study ways of letting customers share in an estimated US$l.3 billion (Ss3 billion) In savings from cheaper energyAP - 89 words
-
Article70 1978-08-25 1 Reuter MANILA, Thurs. The Philippine Central Bank announced new regulations under which all foreign currency loans by foreign currency deposit units for periods of over 360 days must have prior central bank approval. The regulation also applies to loans to companies eligible for special export incentives, while short-termReuter - 70 words
-
Article72 1978-08-25 1 AP SEOUL, Thurs. The United States notified South Korea it will impose unilateral Import restrictions on Korean shipments of colour television sets unless Korea agrees to a bilateral quota arrangement, Korean officials said today. The notification was made through American special trade negotiator Stephen Lande who leftAP - 72 words
-
Article68 1978-08-25 1 Reuter BRUSSELS, Thurs. Unemployment In the EEC rose to 5.9 million at the end of last month from 5.6 million at end June and 5.8 million at the end of July last year, the EEC Statistics Office reported. This means 5.5 per cent of the working populationReuter - 68 words
-
Article58 1978-08-25 1 Reuter BANGKOK, Thurs. Thailand's total trade deficit this year will reach U551,304 billion (about Ss3 billion), 2.1 per cent higher than 1977, Commerce Ministry officials said here today. According to a special working group on export targets at the ministry, the country's exports are expected to total $3,836Reuter - 58 words
-
Article66 1978-08-25 1 AFP LONDON, Thurs. British Petroleum (BP) has discovered oil reserves west of the Shetland Islands bordering the North Atlantic which could be as big as the largest finds so far In the North Sea. Reports said that BP's second borehole In the area struck a large oilAFP - 66 words
-
Article64 1978-08-25 1 UPI NEW YORK, Thurs. The stock market struggled for direction early today as Investors weighed the outlook for the dollar and the economy. Trading was active. The Dow Jones Industrial average was off 0.68 point to 896.30 around 1500 GMT.It failed to hold above the 900 level yesterday.UPI - 64 words
-
-
Chief Price Changes
-
Article125 1978-08-25 1 Rises Most active King* 300 +45 UOL 618,000 Spore Merlin 424 +24 Haw Par 442,000 Spore Land 263 +22 Sime Darby 425,000 OCBC 1020 +20 M Credit 312,000 IaUadftPea 402 +20 Harimaa 294.000 BSembawang 294 18 Total Turnover: 15.51 m Apolio Ming Court 292 18 Total Value:125 words
-
Article, Illustration168 1978-08-25 1 Rises Most active 8. Mai Tin (M) Bt S«mb T A City M.F. Mill* 9.00 3.00 1.71 2.50 .30 .25 .21 .20 M. Credit Haw Par UOL S. Darby 800.000 677,000 528,000 498.000 L'O Bank 4.04 .18 Total Turnover. 9.19 m Merlin (S) 4.26 .18 Total Value:168 words
-
-
Article808 1978-08-25 1 QUEK PECK LIM - SFL CHAIRMAN RETURNS By QUEK PECK LIM SINGAPORE Finance chairman Mr Tan Kong Plat returned to the Republic from Hongkong yesterday as confusion mounts over a Hong Leong Finance proposal to stage a takeover bid of his company. Company Insiders say the news of Hong808 words
-
Article236 1978-08-25 1 FONG MEW LENG - ■y FONG MEW LENG THERE is a big potential market for electronics and electrical products in China which Singapore manufacturers could take advantage of. This Is the assessment of Mr Robert Tay, who has returned after leading eighteen electronics and electrical manufacturers on a study tour236 words
-
721 1978-08-25 1 AFP UPI CHINESE leaders will give the go-ahead for some foreign private Investment projects in China in the near future, Chinese business sources said yesterday. These sources who visit Pelting from Hongkong frequently, said top economic officials In China are, for the firstAFP; UPI - 721 words
-
Article157 1978-08-25 1 AFP THE Australian government Is willing to be flexible over the 12V» per cent lm-' port duty on textiles If Asean nations feel the duty Inhibits their trade with Australia. Australian Minister of Special Trade Representation, Mr Victor Oarland, said this In Kuala Lumpur yesterday, adding thatAFP - 157 words
-
244 1978-08-25 1 FEVERISH buying across the board on the Stock Exchange of Singapore yesterday sent the Straits Times Industrial index through the psychologically important 400-mark to dose at 401.67. Instrumental in the market's climb to new heights were blue chips such as Wearnes, Cold Storage, Straits244 words
-
542 1978-08-25 1 SOH TIANG KING - •y SOH TIANG KING OVERSEA CHINESE Banking Corporation raises its prime rate to 7 per cent today, after holding out at 6 3/4 per cent for the past nine months. Bolstered by Its wide deposit base, OCBC was the "lone wolf"542 words
-
Article83 1978-08-25 1 AP GOLD should hold around current price levels In spite of the US Treasury decision to Increase its gold auctions, the South Africa Chamber of Mines said in a statement yesterday. The auctions must be considered to be the first of a package of measures thatAP - 83 words
-
Page 1 Advertisements
-
Advertisement37 1978-08-25 1 ODESSA OCEAN LINE FO* FAST EFFICIENT SNIFFING Call the agent: Singapore Soviet Shipping Co Pte Ltd sth Floor, For Eastern Bonk Building I 56 Cecil St., Singapore 4 Cobles: "SOS.IACLINE" Telex RS ***** Tel: *****33 (7 lines)37 words
-
Advertisement136 1978-08-25 1 Your link to world markets When the world is your market you'll need a bank with international capability and service to handle your dealings efficiently and with a minimum of fuss. Whatever your requirements and wherever your business take you, we've got the right connections for you Whether you need136 words
-
Advertisement79 1978-08-25 1 Leader Page I SHIPPING TIMES TAKING slock ot clever FORUM with Drysdaie: Market window display 2 and product diversification 7 NATWEBT predicts UK SEE? interest rate decline 3 JAPANME contractor, STATE of Singapore yards Tobishima, builds up a mmam order books here n BEAUTY and the beast in the FULLY79 words
-
Advertisement314 1978-08-25 1 Dtsptay Cilcilrti Tkat FNs hi Ymt N«d 3 Guthrie Trading Tel: *****5 t *****5 77 1 jtef- #4 it t > e zs z »> >•- m, > «r ■f mi A Wilt -*•>, '*MD i^*T Wiyfoocig MAF We nuke your money work for you. "I work hard ft** my314 words
-
-
TRADE AND INDUSTRY
-
Article, Illustration639 1978-08-25 2 TEO TECK WENG - By TEO TECK WENG THE RAPID growth of construction activities in Singapore over the last decade has put great strains on the industry over the period for instance more construction was undertaken in the 1908-1977 period than in the last 100 years. Mr. S. Dhanabalan,639 words
-
Article, Illustration377 1978-08-25 2 THE Singapore Tourist Promotion Board (STPB) has appointed a public relations consultant and former journalist as its director. Mr. Yuen Kum Chuen, 40, will take up his appointment on Sept. 16. The former managing director of Yuen Wong and Associates, a public relations and graphic377 words
-
Article56 1978-08-25 2 Reuter SOUTH Korea and India will lose developing country preference concessions on imports of welded pipes and tubes into Australia. The Australian .government said an Industries Assistance Commission report found the imports, at concessional duty rates, were damaging local industry. The only exceptions are for tubesReuter - 56 words
-
Article127 1978-08-25 2 Reuter RAW coffee beans are becoming an increasingly significant Philippine export, according to figures from the Statistics Office in I Manila. They showed the Philippines exported UBS 12.85 million (3529 million) worth in the first quarter of this year. While this was considerably down on theReuter - 127 words
-
Article, Illustration179 1978-08-25 2 THE FIRST outdoor escalator in Singapore will be installed at the Peninsula Plats Shopping Complex in October. Three such escalators will link the plazs's basement shopping area to the pedestrian mall along North Bridge Road. Manufactured by a West German concern, Orenstein and Koppel (O A K),179 words
-
549 1978-08-25 2 AFP Reuter WORLD rice production will reach a record 373 million tonnes In 1978/79 compared with 367 million tonnes in 1977/78 and 358 million tonnes in 1976/77 The US Department ot Agriculture forecast the largest increases would be recorded In the following countries: China, 130AFP; Reuter - 549 words
-
460 1978-08-25 2 Reuter HONGKONG'S economy in the first half of this year exceeded many expectations, but several disturbing influences could restrain its longer-term growth, according to financial analysts in the colony. Financial Secretary Philip Haddon-Cave will be giving his customary mid-term economic assessment to financial analysts onReuter - 460 words
-
Article380 1978-08-25 2 COURSES AND TALKS Aug 7-28: Cost Accounting and control, Hotel Royal, NPB Aug 7-29: Marketing management, Holiday Inn, NPB Aug 12-Sept 2: An understanding of company law, SIM, SIM Aug 17-31: Manpower planning and employee recruitment, Holiday Inn, P.O.D. Aug 25: Japan-Singapore trade, Shangri-la, NPB Aug 28-Sept 29:380 words
-
300 1978-08-25 2 PROSPECTIVE buyers of shoes are walking past rather than walking Into retail outlets because of cluttered window displays. Mr. C.B. Marsh, corporate communications officer of Bata Limited of Canada, who is here for a week-long seminar to promote more effective displays of the company's300 words
-
200 1978-08-25 2 ASEAN countries will hold the first international timber, woodworking and forestry machinery exhibition at Singapore's World Trade Centre from July 16 to 20 next year. WOOD '79 the International forestry development and timber processing and woodworking exhibition will be organised by ITF200 words
-
Article65 1978-08-25 2 Reuter A SOYBEAN sales mission due in Tokyo from China next month is expected to finalise agreements for the further export of 75,000 to 80,000 tonnes of soyabeans to Japan for NovemberMarch deliveries. Trade sources in Tokyo noted that a group of socalled "Japanese friendship companies" accepted aReuter - 65 words
-
-
Page 2 Advertisements
-
Advertisement182 1978-08-25 2 WISE TRAVELLERS CHEQUE THEIR CASH £20 $50 clM* (t V**""""" Take Barclays travellers cheques wherever you go whenever you go. They're welcomed throughout tne world. Safer than cash. A world-wide network of refund agents help you in case of loss or theft. Available in US dollars or sterling. ON SALE182 words
-
-
Page 2 Miscellaneous
-
Miscellaneous649 1978-08-25 2 LI TWO-11-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Fight over a remnant? (5) 6 Tastefully impertinent? (5) 9 Low pay. but at least enabling vou to eat (7) 10 Took the rest of the pelts to be sorted (5) 11 Room for a race. I see (5) 12 Crikey, soldier, It's649 words
-
-
OVERSEAS
-
180 1978-08-25 3 Reuter THE US Senate on Wednesday lifted two popular measures from President Carter's energy Bill dealing with tax credits for solar home energy and insulation, and passed them as part of a relatively minor tax bill. The move, passed by an overwhelming voice voteReuter - 180 words
-
862 1978-08-25 3 Reuter NYT THE US government will use its influence to hold down the size of a wage increase in a new labour contract to be negotiated by the Teamsters Union and the trucking industry. Mr. Barry Bosworth. director of the presidential Council on WageReuter; NYT - 862 words
-
480 1978-08-25 3 Mexico leans more heavily on its main prop oil UPI FAST EXPANDING oil exports are coming to Mexico's rescue as earnings from other foreign sales dwindle and concern over the stability of the peso in the coming years Increases. The Banco de Mexico, the country's central bank, recently reported thatUPI - 480 words
-
Article61 1978-08-25 3 Reuter CUT in South African banks' prime overdraft rate to 11.5 percent from 12.5 per cent is probable within a few days following Tuesday's per cent bank rate ••lit to 8.5 per cent, banking sources in Johannesburg slid. The last adjustment to prime rate was on Jul}Reuter - 61 words
-
Article519 1978-08-25 3 AP UPI REPRESENTATIVES of the world's principal coffeeproducing countries concluded a two-day meeting on Wednesday after agreeing on a plan to stabilise coffee prices at reasonable levels for both producers and consumers. Delegates from Brazil, Colombia. Costa Rica, Mexico, Guatemala, El Salvador, Honduras and VenezuelaAP; UPI - 519 words
-
Article, Illustration379 1978-08-25 3 NYT FRANCE has cancelled an agreement to provide Pakistan with a nuclear reprocessing plant because of fears that the installation would produce pure plutonium which could be diverted for use in nuclear weapons. The decision constitutes an important victory for President Carter, who has been seekingNYT - 379 words
-
WORLD IN BRIEF
-
Article538 1978-08-25 3 Agencies MEXICO is negotiating a US$2 billion (554.6 billion) loan on the international capital market, the monetary review International Outsider reported in London. Only Canada has to date floated a bigger loan US$3 billion in this market. Mexico reportedly hopes to use the money for payment ofAgencies - 538 words
-
-
Article159 1978-08-25 3 Reuter WEST GERMANY'S real groat national product in tbe second half of this year will not grow any more significantly than the 2.5 per cent annualised increase registered in the first half. Disclosing this the Berlin Economic Research Institute said the third quarter will not seeReuter - 159 words
-
319 1978-08-25 3 Reuter MAJOR Japanese business firms appear reluctant to raise dividends despite a rise in profit. The Tokyo Stock Exchange reported yesterday that Instead, they are Inclined to Increase their own internal reserves. Its survey on dividends Sd In fiscal 1977 by 1,707 nsReuter - 319 words
-
766 1978-08-25 3 Reuter BRITISH minimum lending rate is likely to decline to around 9 per cent by the end of this year from the current 10 per cent and clearing bank base rates may well move down In line, National Westminster Bank Ltd chairman RobinReuter - 766 words
-
343 1978-08-25 3 Reuter WEST German banks are considering a Nigerian government request to release earlier a 750 million deutschemark (SsB4o million) loan originally planned for two to three years' time. Euromarket sources in Frankfurt said the 12 German banks Involved, led by Deutsche Bank AG.Reuter - 343 words
-
-
Page 3 Advertisements
-
Advertisement180 1978-08-25 3 Lease a Carrier Now you can lease a central E B B aircon system through your WmP Carrier Man at Kool Air. There's no large initial cash outlay involved and you get all the benefits of leasing. Instead of tying up your capital, you just pay a fixed monthly sum.180 words
-
-
RAW MATERIALS
-
Article416 1978-08-25 4 THE Singapore market yesterday closed higher with September One RSS buyers quoted at 242.00 cents per kilo, up two cents from Wednesday's close, dealers said. The afternoon session gained further ground on selling reserve, forward demand, upcountry buying and short-covering coupled with reports of China acceptances416 words
-
Article394 1978-08-25 4 HAS prices in cents per kilo yesterday: Noon (per kilo) Close (per kilo) Int 1 R.S.S. prompt f o b. Int. 1 RSS. Sept Int. 1 R S S Oct Int. 2R S.S. UK/Cont Int 3 R S.S UK/Cont Int 4 R.S.S. UK/Cont. Int 5R S.S. UK *****.394 words
-
Article113 1978-08-25 4 NOON SSK and SMK prices yesterday: September October HAS (Current Mill) (Forward Mlhl Buyers Selller* Buyeri Seller* (centa perk«) (cent* p «k«l SSK20 < I-ton pallet) 215 50 217 50N 216 50 218 50N SSK SO (1 -ton pallet) 213.50 215 50N 214.50 216.50N MR.K.L.B. SMK5CV <113 words
-
Article78 1978-08-25 4 I K North European ports, in stated US dollars per tonne unless otherwise LONDON Malaysian 5% ffa bulk per tonne October Sumatra 5% f(a bulk August September October November December Nigeria 5% ffa bulk stg Wnlnndiy Previous unch 566 sir 620'i pd 617* 612'./615/610 pd605/610 pd 580/582 ',pd78 words
-
Article30 1978-08-25 4 Rubber: Aug 24 Singapore: Sept 242.00 cent* (up 2 cents) Malaysia: Sept 247.50 cents (up 2.00 cents) Tin: M 51,805 <up Official offering: 177 tonnes (down 9 tonnes)30 words
-
Article384 1978-08-25 4 FURTHER gains In coffee prices were a feature of the Singapore produce market yesterday. Quotes given by the Singapore Chinese Produce Exchange put all grades up by $20 per picul. Overseas dealers cited two main factors responsible for the rise: the reduction In Brazil's 1979/80 crop due to384 words
-
Article172 1978-08-25 4 THE sugar market eased about 0.10 US cents in continued quiet and thin trading, with five lots traded. The Hongkong daily spot sugar price eased 0.05 of a cent to 7.00. Sugar futures closing prices: Clsg Prev Clsg Sep 7.95/97 7 06/09 Oct 6 99/7 02 7 08/10172 words
-
Article73 1978-08-25 4 THE Malaysian Minister of Finance has fixed these rates for the period from Aug 24 until further notice: Rubber 237-7/8 cts a kg, copra $959.01 a tonne, palm kernel $955.75 a tonne, white pepper $4708.91 a tonne, black pepper $2873.72 a tonne, rubber 52-1/2 cts s kg. (research73 words
-
Article193 1978-08-25 4 BANGKOK rice in US dollars per tonne F. 0.8. basis quoted yesterday: White Rice: 100 pet Ist class 397. 100 pet 2nd class 382. '00 pet 3rd class 377 5 pet 372. 10 pet 347. 15 pet 342. 20 pet 342. 25 pet 357 35 pet unq Broken: A-L193 words
-
Article200 1978-08-25 4 YARN and cotton In Hongkong dollars, spot exgodown < China Blue Phoenix 20 s 1.190 32' 2.450. 40 2.600. (per bale of 400 lbs) Piece (>ood« China: Butterfly and Globe brand unq. Dragon Head unq. Five Lambs unq. Flower and Butterfly unq. Flying Geese unq. (per piece 36200 words
-
Article166 1978-08-25 4 THE Straits Tin price In Penang yesterday rose another Msl per plcul to $1,805. Steadier London advices and small supplies of tin metal from miners boosted the market, they said. Buying support was still evident from local and US operators but little Japan Interest was noted. Turnover fell166 words
-
Article385 1978-08-25 4 TERMINAL cocoa finished the first call up against New York by an average £5 per tonne despite forecasts of a perhaps sharper advance yesterday. Near Sept and Dec levelled out In post-call dealings due to the reported availability of nearby physical supplies but Sept finally moved ahead again to385 words
-
Article410 1978-08-25 4 ROBUSTA futures yesterday ended the opening call officially steady but £55 to l'4o per tonne down from Wednesday night in sales of 467 lots. In quiet dealings values steadied near the opening lows on underlying trade and dealer buying after initially declining around £68 in spot Sept at a410 words
-
Article97 1978-08-25 4 CHICAGO wheat futures extended earlier gains to close up six to 4H cents a bushel, slightly under the day's highs on Wednesday. Prices advance on persistant rumours of an impending wheat sale to China. Brokers said one export firm, although not a heavy recent buyer of Chicago futures, reportedly97 words
-
Article343 1978-08-25 4 SUGAR futures registered opening call losses of £0.65 to £0.25 but staged a partial rally in thin post-call dealings yesterday In London. Traders atrrlbuted the minor decline to lack of fresh physical news. However, they said Belize selling tender of 5,000 long tons of raw sugar to the US343 words
-
Article181 1978-08-25 4 CHICAGO soybean oil futures closed 0.62 to 0.15 cents a lb higher on commercial and exporter n the final hour, while meal futures finished up $1.80 to $1.00 a ton on Wednesday. Traders said buying in oil became heavy shortly after soybean futures advanced around midday, with one exporter181 words
-
Article319 1978-08-25 4 COPPER wirebars closed 110 up for cash and C 9 per tonne higher for Three Months on Wednesday. Cathodes were 18.50 per tonne higher all round. The market after lunch continued the morning steadier trend with Three Months trading up to 1'76fl per tonne before finishing the kerb at319 words
-
Article174 1978-08-25 4 SILVER on the L"ME ended Wednesday 0.5 pence per troy ounce lower all round. Values Initially eased on the premarket reflecting the sharp fall In gold but the decline was cushioned by weaker sterling against the dollar. Subsequently prices held steady following slightly higher afternoon gold fix and a174 words
-
Article378 1978-08-25 4 THE kilobar in Singapore opened at 5514.783 and closed at $14,811. Prices were generally up from opening and rose as high as $14,819. The lowest was at $14,709. Tone was quiet but steady. Spot gold for London delivery opened at U*****.50/202.00 and closed at $202.20/60. The highest and lowest378 words
-
Article67 1978-08-25 4 LEAD closed 110.50 higher for cash and C 9.50 up for Three Months on Wednesday. The market displayed a firm trend throughout the day with Three Months trading from C 333 on the morning premarket up to 1340 on the afternoon ring before finishing the kerb at 1339. Dealers67 words
-
Article62 1978-08-25 4 ZINC closed t"6.50 per tonne higher for cash and 16.25 higher for Three Months on Wednesday. Traders said the market generally remained quiet for most of the day although prices advanced on scattered buying Interest prompted by the firmer tone in copper and lead. Three Months traded from C62 words
-
MONEY AND EXCHANGE$
-
Article583 1978-08-25 4 THE US dollar appeared to have lost its strength as Impatient dealers wait for more news on American moves to bolster the dollar. After opening around its overnight level, the dollar was traded down against major currencies on the foreign exchange market yesterday. Against the yen, the dollar583 words
-
Article131 1978-08-25 4 Asian rates ASIAN rates as currency deposit interbank at close on Aug 24 US Dollar* (Spot) Offer BM 7 days 1 mth 8 7/8 8 mths 9 mths 12 mths Sw. Fr». Dnu. (Middle Prion) 1 mth 3 mths 3/4 6 mths 12 mths Dm. Est. C (MkMW Prion) 8131 words
-
Article64 1978-08-25 4 ZURICH exchange! closing quotes on Aug 23: US 1 6530-6570 Stg 3 1764-1678 Can I 4511-4551 D Mk 62 2627-5030 D F1 76 0569-2626 F Fr 37 5662-7651 R Fr 5 2262-2422 D Kr 29 6909-7761 N Kr 31 2760-3636 S Kr 37 0611-1592 Ut 0 1959-1964 A us64 words
-
Article47 1978-08-25 4 RANGE of prices offered by discount houses on Aug 24: Overnight 2* 3H*> Call deposits 3S% Closing Buying Selling 3-month Treasury bills 39/16 37/16 3-month Bank bills 6 3/16 61/16 3-month CD 6 9/16 6 7/16 6-month CD 6 5/8 61/3 Source: National Discount Co Ltd47 words
-
Article21 1978-08-25 4 THE average rale at which Singapore banks are currently prepared to lend to their beet customers is 7 per cent.21 words
-
Article48 1978-08-25 4 FRANKFURT exchange! closing quotes on Aug 23: US 2 0060/90 Can 1 7715/35 Stg 3 87/98 DFI 92 55/65 S Fr 121 30/60 Ut 2 367/397 F Fr 45 65/75 Yen 1 0500/20 B Fr (con) 6 376/366 R Fr (fin) 6 149/159 N Kr 38 01/U48 words
-
Article196 1978-08-25 4 THE dollar opened broadly easier than Wednesday's closing rates, but was fairly steady In quiet and trendless early trading, dealers said. Sterling eased to $1.9252/ 62 from the overnight 1.9260/ 75 and dropped from 62.2 on Its trade .weighted Index to 62.1 on lack of Interest. Dealers forecast a196 words
-
Article297 1978-08-25 4 THE dollar closed slightly below its opening levels, in moderately active, nervous trading on Wednesday, dealers said. They said the dollar retreated for most of the day, following its firmer opening this morning on the US Treasury's announcement of an expanded gold sale programme. They said operators viewed297 words
-
Article170 1978-08-25 4 THE US dollar for overnight delivery closed lower at 191.65 yen, compared with a 192.60 opening after rising briefly to 193.00 yen, dealers said. The dollar fell in light late trading on Increased export covering by Japanese traders and profit-taking by foreign and Japanese banks, following the initial rise,170 words
-
Article139 1978-08-25 4 THE US dollar lost -ground against the yen In relatively thin quiet trading conditions yesterday dealers said. It closed at 191.60/ 80 yen compared with Its 192.80/ 85 yen level In California overnight while holding little changed at 2.0080/ 90 marks and at 1.9245/ 65 against sterling. The Hongkong139 words
-
Article112 1978-08-25 4 Euro rates LONDON Eurodollar deposit rates showed little change from Wednesday's easier closing.levels in continuing slack trading, dealers said. Near period rates were adJusted higher after Wednesday's technical falls for the Friday start, but were basically unchanged from those easier levels, although One Month was higher due to a Friday112 words
-
Article37 1978-08-25 4 M° netar y Authority of Singapore invites banks and discount houses to tender for the following TYeasury bills: $35 million 91-day bills to be issued S"ha n n SePl E Ch nder mu>t not37 words
-
-
-
Page 4 Advertisements
-
Advertisement297 1978-08-25 4 W Malaysian Tobacco Company Bhd. The Board of Directors believe that it is desirable that the issued capital of the Company should more closely reflect the capital actually employed in the business. They will therefore shortly be giving notice to shareholders of their intention to call an Extraordinary General Meeting297 words
-
-
TRANSPORT
-
762 1978-08-25 5 TERESA LIM - By TERESA LIM SINGAPORE remains the largest shipbuilder in Asia after Japan and South Korea. But the gap between it and the two north-east Asian countries is almost impregnably wide. As at the end of the second (juarter this year, Singapore's orderbook changed little from762 words
-
213 1978-08-25 5 Reuter THE Shipping Corporation of India Ltd will Introduce on Sept 7 a fully containerised service from the west coast'of India to the main Australian ports of Fremantle, Adelaide, Melbourne and Sydney. The Prfcss Trust of India also said that the Indian loading ports will be BombayReuter - 213 words
-
Article, Illustration387 1978-08-25 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barge Intermac 315/ (0700 alongside Talabot) 47 Chang Ming (1830 hauls 26m east after Katsura Maru sails) 8/9 Du Shan (1700 after Fan thai) 40/41 Elbhoff (1300 5 Eldania (1800 after Katsura Maru) 10/11 Hans Maeersk (1400) 42/43 Ibn Abdoun (after Siena387 words
-
534 1978-08-25 5 NYT FRANCE'S 2,500 ground controllers have voted to stage another go-slow protest starting at noon today, local time. The protest, the fifth of its kind In two months, is certain to affect air travel to ard from France this weekend and, indirectly, otlier countries InNYT - 534 words
-
441 1978-08-25 5 AMID the continued depression in world shipping, the Nedlloyd group Is steadily modernising its fleet, and ordering new ships to replace old ships that were sold. It has just taken delivery of a 21,500 dwt* multipurpose vessel, Nedlloyd Bahrain. Over the next 12 months441 words
-
Article229 1978-08-25 5 AP AFP AMERICAN airlines continued to carry a record number of passengers last month, and the US Air Transport Association predicted the airlines will carry a record 275 million passengers this year. The projection Is higher than the 265 million forecast Just one month ago.AP; AFP - 229 words
-
Article191 1978-08-25 5 UPI A LULL in Far Bast timechartering was attributed to owners efforts A achieve better rates In the face of reasonably keen demand for bulkera. Thus, with slngle-vo-yage fixing still In the doldrums, It remained for other time-charter dellvery areas to provide the mainstream of market activity. ChineseUPI - 191 words
-
Article151 1978-08-25 5 THE need for a container feeder service between Singapore and indoneaia was diacuaaed at the third annual meeting of the Singapore Shipping Aaaociation (SSA) and the Indonesian National Shipowners' Aaaociation (Inaa). The meeting, held on Monday and Tueeday at the Holiday In, also discussed the importance of a151 words
-
Article786 1978-08-25 5 arrivals Service Local Operator Number Tfaae From CAL CI331 0040 TPE/HKO/KUL PAA PA005 0115 8FO/HKO MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQlOl 0615 KUL MAS MH621 0640 PEN MAS MH607 0645 KUL MAS MH671 0045 PEN/KUL CPA CX710 1005 HLP RBA BI323 1025 BWN786 words
-
-
Page 5 Advertisements
-
Advertisement209 1978-08-25 5 FULLY LADEN! cord far wtih* euHan ha rum ▼oyife frM Um Par Kut It Ml Hoagkoa« far Europe with 2JM TEUa aboard, all of which wan fully laden This, according to ha Weat Gorman owners, la a reeord unmatched l»y any other oon- >~r „i k iv.l W'~> is\'m m209 words
-
Advertisement18 1978-08-25 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****5 CITY TEL: *****55 Call us for your local or onward reservations CT18 words
-
-
635 1978-08-25 6 THE VERY next boom in the world economy may well be primed by events which are about to take place In China. Reports that the country is on the verge of accepting foreign Investments are making front-page headlines all over the world, a prominence635 words
-
Article, Illustration2027 1978-08-25 6 WILLIAM SIEW WAI LIM - Some of the architecture in Singapore, typified by the buildings in the renewed city centre around Shenton Way, seems at first sight exciting to the untutored eye. But are Singapore architects original enough and are their structures technically sound? WILLIAM SIEW WAI LIM, speaking yesterday at2,027 words
-
Page 6 Advertisements
-
Advertisement328 1978-08-25 6 IT' >'* S&sg3&p^3»i p 'IP K§V b ■i -W >- 3f > 'm^ -X mm wmtitz m f Mhiv .«<• V Not a drop is sold Till it is 12 years old Aaothcr quality product from 405/407 Havelock Road, S'pore 3. Tel: *****1 lon Bar I Where beautiful things happen328 words
-
-
Page 6 Miscellaneous
-
Miscellaneous63 1978-08-25 6 OUTLOOK for Singapore from 6 a.m. to noon today: Isolated showers in late morning. Report for 24 hours prior to 7.30 pm on Aug 24 at the Airport: Maximum Temperature 31.5° C Associated Humidity 58 Minimum Temperature 24.3° C Associated Humidity 95 Hours of Sunshine 7.55 Rainfall in Millimetres nil63 words
-
Miscellaneous262 1978-08-25 6 TV RADIO SINGAPORE 5 3.00 PM Opening announcements followed by Housewives' Matinee The Pickpocket with superimposed English/ Chinese subtitles (A Mandarin feature film) 4.35 Intermission 6.00 Opening announcements followed by For Love Of Sport Four Girls In A Boat 6.30 News in Brief 6.35 December Bride Hot Meal 7.00 Persembahan262 words
-
-
Article, Illustration576 1978-08-25 7 FRANCIS DERON - By FRANCIS DERON AFP PEKING'S car population, once limited to a few run-down old model*, lias increased in number* and variety over the last few month* with the addition of foreign and Chinese car*. .One of the moet noticed is the latest arrivalAFP - 576 words
-
812 1978-08-25 7 MICHAEL BATTYE - »y MICHAEL BATTYE Reuter THEY call It Wolfram HIU and every day thousands of Illegal miners scurry to dig It up hoping to find a fortune In scenes more reminiscent of a wild west gold rush than rural Asia. Since Dot Ngom HillReuter - 812 words
-
Article, Illustration541 1978-08-25 7 EVER heard of a negative bank raid? In Dletlkon, near Zurich, Switzerland, they have Just discovered the meaning of the term when a middle-aged woman wearing white cotton socks and looking extremely untidy, and therefore rather unSwlss, walked Into the Bank Leu and put down 30,000541 words
-
841 1978-08-25 7 JOHN DRYSDALE - FORUHi ...on trade •y JOHN DRYSDALE John Drysdale is a direct tor of Asia Research PtoLtd LAST week, I discussed Singapore's slackening exports In general terms and I thought the subject was serious enough to merit another (and harder) look. There are,841 words
-
Page 7 Advertisements
-
Advertisement323 1978-08-25 7 sew <• '.a SMEn New Japanese Restaurant KIKU^jl serving authentic Japanese food £r tl Mikki *Tempiira Shashimi *Siikiyaki *ShabuShabu KIKU JAPANESE RESTAURANT ORCHID INN Tel: *****2 214 Dunearn Road. Singapore 11 You 11 feast like rovalrv at the Rang Mahal. Palace of Colour* On our daily menu are the tame323 words
-
-
Page 7 Miscellaneous
-
Miscellaneous51 1978-08-25 7 BnStoW: Fraojt Dickens LOOK fVT TMCTiOne— <2 35 PUD t4O Se*4 OF TMG, <2 IS Cdroruiee S^CIFNL ft v\p\eue ON briTISH !Hi-s£fefcD ftrML... ftUftSDINOTvAett ernPtoNEes SUCH ft I PfM ftse. TeLL>fOU tJHPCT U)wnj DOMT Tne FOUR OF US SVAPV^G. pv CR6. fEil a X*WV4 I moSTN T fie UYT£ fcDfvy51 words
-
-
INTERNATIONAL STOCK MARKETS
-
Article580 1978-08-25 8 TOKYO Source: DBS-Daiwm THE market was relatively bearish yesterday as caution prevailed. Most export-related wsues dipped as small-lot sales continued.\Because of profittaking, most pharmaceutical issues were mixed. Some non-margin Incen-tive-backed issues were among rare gainers. The market opended firm. Pharmaceutical issues were bought on relatively large volume followingSource: DBS-Daiwm - 580 words
-
Article423 1978-08-25 8 Source: SHK Sec THE market continued Its rebound yesterday following the proposed Hutchison PropsCity and Urban merger. Prices opened very strongly with demand centred mainly on property shares but spreading to blue chips and utilities later. China Light was especially strong while among properties Cheung Kong added 40 centsSource: SHK Sec - 423 words
-
Article256 1978-08-25 8 AUG U Cents INDUSTRIALS A C.I 178 ♦4 A N I 155 unch A P M 120 +2 Ampol Pet 85 -I B H P 816 +4 Bank NSW 660 unch Boral 243 +3 Brambles 185 unch C B A 245 unch C S R 328 +2 Coal Allied256 words
-
Article210 1978-08-25 8 Aug 24 B.ht 4-/-Bangkok Bank 378 +2 Bank of Ayudhaya Ltd 272 unch Thai Danu 384 Thai Farmers Bank 372 unch Thai Commercial Bank unq Bangkok Metropolitan Bank unq Industrial Finance Corp 2.415 unch General Finance 300 Bangkok Investment 314 unch First Trust 290 4-4 Raja Finance unq Lee210 words
-
Article101 1978-08-25 8 AUG 24 Pesos Acoje Mining .011 unch Atlas Con. A Atlas Con. B 23 40 +0.7 Bagulo Gold 012 ♦0.0005 Benguet Con. B 36 00 -1.75 BF Goodrich CDCP 28 50 unch Inco B Landoll Le panto B 25 unch Mannduque B 6 90 +0.3 Meralco 22 40 -0.1101 words
-
Article1159 1978-08-25 8 NEW YORK GAINS BY computer and gaming stocks on Wednesday highlighted a broad stock market advance that was. tempered by profit-taking. Trading was active. Analysts said Investors were encouraged by US moves to prop up the dollar, by a fall In US durable goods orders In July and1,159 words
-
Article503 1978-08-25 8 EUROPEAN MARKETS FRANKFURT share prices on Wednesday firmed, led by Volkswagen up 0.00 marks on positive first half figures and second half forecast* Bankings were led 1.90 higher by Deutsche Bank, stores were up 4.50 headed by Neckermann, engineerings rose 1.70 led by Llnde. The domestic bond market503 words
-
Article215 1978-08-25 8 AUG a Dm Aef-Telefunken Akxo Allz Leben AllzVers BASF Bay HT Wbank Bay V ban It Bayer BBC BMW Cassella Chem Verw Commerzbank Contl Oumml Daimler-Benz Degussa Demag Deutsche Bank Dresdner Bank Dt Texaco Dyckerhof f ST A Enka Olanzs Oelsenberg OHH Hapag-Lloyd Harpener Hoechst Hoesch Horten Kail Salz215 words
-
Article222 1978-08-25 8 AUG a FU ABN 374 00 4-4 Ahold 114.50 -0 3 Akzo 33.10 4-1 AMEV 86 80 -0 7 Am fas 114.00 -1 Amrot Bank 81 20 +0 8 Bergoss AS 00 1 Berk 96 80 ♦3.5 Bols 75 00 ♦2.2 BorsumiJ 165 00 ♦3 Burhmann 75 20 ♦0222 words
-
Article184 1978-08-25 8 AUG 23 Francs Actions Suisse* unch Alusulsse Br 1175 ♦5 Alusulsse Ref 510 unch Brown Boverl Br 1605 +5 Ciba Oelgy Br 1015 10 Clba Oelgy PC TW +20 Clba Oelgy Reg 566 +6 Credit Suisse Br 2345 10 Credit Suisse Reg 415 unch ElektrowattBr. 1875 +5 George Fischer184 words
-
Article97 1978-08-25 8 AUG 23 Lire Ante 113 -3.5 Assoc Gen 3WW0 -300 Basto«l 714 74 Centrale 4500 221 Flat 2011 -20 Flnslder 180 •2 Oen linmob 78 -0.5 IFIPrl 23#e -46 Italcementl ***** -180 I taigas 827 ♦a Italslder 350 ♦4 Magnell M PI 499 1 Marelll Ere 370 215 Mrdiob97 words
-
Article265 1978-08-25 8 AUG 23 Frs CORBE1LLE Air-Liquid? 328 B S N Gervals Danone 514 C8F (Thom»onCsf) m 10 Clf Francal* des Petroles 132 Compagnle Financier? Compagnle General* 376 Credit Foncler De France 3T7 SO Hachette (Llbralrte) 227 Machines Bull 46.10 Mlchelln(B) 1317 -2 -3 -5 8 -5.0 -2 -4 8 -1265 words
-
Article90 1978-08-25 8 AUG S Ft* FORWARD MARKET Acec Arbed Astur Brasean Bru-Lamb Canpac Cock De Beers Ebes Electrobel Gb-Inno-Bm Oev Hobok Petro Ryl Dutch Sidro Soc Gen Belg Sorina Solvay A Tanks UMln V Mont 380 2450 684 486 1S90 052 442 225 2270 9760 2305 1332 2500 3890 2040 330090 words
-
Article1767 1978-08-25 8 August 23 CHICAGO Board Options Exchange volume expanded to 122,722 contracts on Wednesday from Tuesdays 113,423. OPTIONS OCT JAN APL STOCK Alcoa 40 81/4 UNTRD UNTRD 47 3/8 Alcoa 45 4 55/8 UNTRD 47 3/8 Alcoa 50 1 11/10 29/16 31/4 47 3/8 Am Exp 30 UNTRD1,767 words
-
308 1978-08-25 8 Johannesburg MOST SECTORS of the market on Wednesday were easier on the day, with dealers citing the main contributing factors as the sharply lower bullion price and Tuesday night's border attack. Gold shares were softer across the board, and though some steadying was noted308 words
-
Article276 1978-08-25 8 Toronto SHARE PRICES closed higher In active trading on Wednesday, with the composite Index up one point and advances leading declines 242 to 207. The oil and gas index recorded Its best one-day rise since Aug 11 while real estate posted Its largest gain In a276 words
-
Article68 1978-08-25 8 FINANCIAL TIMES INDUSTRIALS Wednjpday 519.2 Tuesday 99 Y« to 100 H.K. HANG SENG Thursday 666 40 Tuesday 523.2 Wednesday 649 30 Week Ago 510.0 Week Ago 660 42 DOW JONES AVERAGE INDUSTRIALS SYDNEY INDUSTRIALS Thursday 449 87 Wednesday 448 .(£> Tuesday 892.41 Week Ago 448 72 Week Ago68 words
-
-
Page 8 Advertisements
-
Advertisement146 1978-08-25 8 NOW in FONTAN Paperback 3\3ST js«®E f >3 tt3 m t yr ik 1 Si m Sv. < r 1 *s "Power and poignancy descriptive brillance." CHICAGO TRIBU THE SEKLOONGS are Hong Kong's merchant princes flamboyant, sensual, wily, unimaginably rich. Jonathan Sekloong has built a vast trading empire, renowned throughout146 words
-
-
INTERNATIONAL COMPANY NEWS
-
Article, Illustration1510 1978-08-25 9 Sopromec itself appears to have followed a fairly cautious path EUROPEAN FT A MERGER of some activities of National Enterprise Board of the UK with a private sector finance institution would no doubt spark off a major con- txoversy in the UK. ihj" Among theFT - 1,510 words
-
Article90 1978-08-25 9 BONDS LOANS] Reuter PARIS: The French state railway company SNCF has renegotiated terms on a US$25O million credit originally agreed with a banking consortium led by "Credit Lyonnais earlier this summer. v» Banking sources said It "will now pay half a point over the London InterbankReuter - 90 words
-
Article88 1978-08-25 9 Reuter TOKYO: Mitsui OSK Line Ltd said it signed a contract in Basle for a 50 million Swiss franc, 3.25 per cent five-year convertible bond private placement with the Swiss Bank Corp, with payment to be completed by Sept 7. The funds will be used to redeem inReuter - 88 words
-
Article34 1978-08-25 9 Reuter ZURICH: Bank Leu AG said it will float a 50T-mlllion franc 3.5 per cent 10-year loan at 101 per cent on the Swiss capital market from Aug 25 to 31. Reuter.Reuter - 34 words
-
Article34 1978-08-25 9 Reuter ZURICH: Danish engineering concern F.L. Smidth and Co will float a 25 million franc, 11-year, 4.5 per cent loan at par from Monday to today, bond market bankers said.Reuter - 34 words
-
Article139 1978-08-25 9 S.AFRICA h Reuter I>E BEERS Consolidated Mines Ltd announced a pretax profit of 569.28 million rand (453.54 million) for the six months ended June 30. Earnings per share at 104 cents (79). interim dividend 20 cents (17.5) on register Sept 22 payable about Oct 26 to shareholdersReuter - 139 words
-
Article87 1978-08-25 9 UPI TOKYO: Mitsubishi Motors Corp announced it is recalling nearly 47,000 buses and trucks with transmission or suspension mechanism defects. The carmaker said 46,846 faulty vehicles, manufactured between 1972 and 1977, included about 6,700 trucks which have already been exported. Kawasaki Heavy Industries, meanwhile, reported that ItUPI - 87 words
-
92 1978-08-25 9 UPI THE vice-president of the Bank of Tokyo, Mr. Masukumi Kosawa, announced that his bank was studying the possibility of opening a branch in Chile. The Japanese executive met banking officials from Chile's public and private sectors to explore the possibility. Mr. KosawaUPI - 92 words
-
Article87 1978-08-25 9 Reuter MELBOURNE: Woodslde Petroleum Ltd announced a third and final call of 20 cents a share on Its partly paid shares, payable Sept The call, 10 cents capital and 10 cents premium. Is on 55.34 million shares paid to 40 cents each and will raise AS 11.07 million.Reuter - 87 words
-
255 1978-08-25 9 Reuter LONDON: Ocean Transport and Trading Ltd said Its pre-tax profit came to £2.35 million (£26.14 million) In the six months ended June 30. Turnover at £243.36 million (£241.53 million). Interim dividend at 3.9192p (3.8607p) and special Interim dividend 0.6555p due to reduction inReuter - 255 words
-
Article166 1978-08-25 9 Reuter LONDON: Messina (Transvaal) Development Co Ltd said It has exercised Its option on a site at Navan, Ireland, where exploration has indicated reserves of two million tonnes of 7 per cent lead and zinc. Under the terms of Its agreement with Sablna Industries LtdReuter - 166 words
-
109 1978-08-25 9 Reuter LONDON: British mechanical engineering firms expect rising demand to lead to a gradual Improvement in present output levels which trends survey, published by the Engineering Employers Federation, describes as low historically and In relation to the workforce. The trends survey reports a fall InReuter - 109 words
-
Article85 1978-08-25 9 Reuter PARIS: Traces of oil have been discovered In the French Pyrenees east of Tarbes at around 3.600 metres depth, but It Is too early to estimate the quantity. Esso SAF and Ste Natlonale Elf-Aqultalne SA hold 30 per cent and 70 per cent respectivelyReuter - 85 words
-
258 1978-08-25 9 ASIAN Reuter CANBERRA: The Australian and Tasmanlan governments will provide aid of up to A 57.6 million to the Mt Lyell Mining and Railway Co Ltd from Sept 1, 1978. to mid-1980. The two governments will Jointly guarantee this amount on an equal basisReuter - 258 words
-
Article189 1978-08-25 9 Reuter MELBOURNE: Mayne Nickless Ltd announced an audited consolidated operating profit of A 510.46 million ($9.25 million) for the year ended June 30 on revenue of $236.41 million ($212.34 million). Profit is after tax $5.93 million ($5.16 million), depreciation $9.08 million ($7.93 million) and interest $2.59Reuter - 189 words
-
Article141 1978-08-25 9 Reuter MELBOURNE: The Esso Exploration and Production Australia Inc/ Broken Hill Pty Co Ltd partnership said It will spend aßout ASI9O million to put the West Klngfish ofl field in Bass Strait into production. The programme Involves construction of a production platform, a pipeline to theReuter - 141 words
-
100 1978-08-25 9 Reuter HONGKONG: The Hongkong Stock Exchange •aid trading in Hutchison Properties Ltd and City and Urban Properties Ltd is suspended with immediate effect due to merger between the two company. Both companies are subsidiaries of Hutchison Whampoa Ltd, which owns 50.3 per cent of City andReuter - 100 words
-
Article62 1978-08-25 9 Reuter TOKYO: Yasuda Trust and Banking Co Ltd said It established a wholly-owned subsidiary, Yasuda Trust and Finance (Hongkong) Ltd, ,ln Hongkong to start business from the end of this month. Capitalised at US$5 million, the new firm plans to supply medium and longterm loansReuter - 62 words
-
173 1978-08-25 9 Reuter THE AGREEMENT between .the Brazilian state steel, holding company Siderbras SA. Kawasaki Steel Corp of Japan and Flnslder SPA of Italy to build a steel plant at Tubarao, Esplrlto. Santo State, la being maintained In Its original form. Siderbras sources said under theReuter - 173 words
-
Article118 1978-08-25 9 Reuter HONGKONG: The kong and Shanghai Banking Corp reported an Interim 1978 dividend of 20 cents (18 cents) and consolidated first half net profit of HK5315.87 million (no comparison). The Interim dividend Is payable on or after Oct 12 on capital as increased by one-for-10 scripReuter - 118 words
-
Article303 1978-08-25 9 f N.AMERICAN Reuter BUTTES GAS and Oil Co said a federal Appeals Court dismissed claims against It In three law suits brought by Occidental Petroleum Corp. The suits arose from Occidental's efforts to obtain possession of crude oil produced in -the Mubarek field off the stateReuter - 303 words
-
Article260 1978-08-25 9 Reuter DEERE and Company, a leading manufacturer of tractors and farm equipment, reported an increase in third quarter profit to US$B3.l million, or $1.38 a share, from $77.1 million, or $1.28 a share, a year ago. The company said sales rose to $1.12 billion from $1Reuter - 260 words
-
231 1978-08-25 9 Reuter FIRESTONE TIRE and Rubber Co, in reporting lower third quarter results, said the possible recall of its steel belted radial tyres could have a substantial adverse effect on future earnings. The company, which suffered losses during the quarter in its European operations. also saidReuter - 231 words
-
242 1978-08-25 9 Reuter HUDSONS Bay Co said It agreed to sell Its 34.8 per cent holding In Siebens Oil and Gas Ltd to Dome Petroleum Ltd for US$l23 million worth of Dome shares. Hudsons Bay said It agreed on a price of $38.50 for eachReuter - 242 words
-
Article183 1978-08-25 9 Reuter CITING shrinking operating margins, Sears Roebuck and Company reported a lower second quarter profit compared with the same period a year ago. The largest retailer in the United States, its net Income for the period which ended July 31 was US$2OO.B million, or 63 centsReuter - 183 words
-
Article156 1978-08-25 9 NYT THE PRICE of the average 1979 model Oeneral Motors car to be introduced in October will climb US$3O2 or 4.1 per cent from final 1978 model prices. The Increase would boost the price of the average "e--quipped" car with the usual options toNYT - 156 words
-
-
Page 9 Advertisements
-
Advertisement70 1978-08-25 9 FOR SALE 2-STOREY PRESTI6EOUS OFFICE/ INDUSTRIAL BLD6. Presently used as regional headquarters by large industrial trading corporation. Good Location Commonwealth Avenue 55,000 sq ft. land area 17,500 sq ft first class offices 4,500 sq ft. showroom crea 40,000 sq ft storage and production Provisions for future expansion. Selling below market70 words
-
Advertisement269 1978-08-25 9 COURAGE CONFIDENCE LEADERSHIP DALE CANNTOIE 10 ways Ike Dale Caraegle Cntm helps mi aid wo Bet. Speak *ff«cti««<T SHI yourtttf and your ideas J Be it your best with any fraep Remember njmn 4! Think and ipeat on your teef Central fear and worry Be a bctttr convwiatwnalist m Develop269 words
-
-
DEALS DONE ON THE SES AND KLSE
-
Article1791 1978-08-25 10 offer prtcM officially listed and adWiim in and reported to the Stwa —than«e of Stngapore yesterdaj MM the number ofihares traded shoaarta brackets In lota of 1.000 units aim otherwise specified. A*-®me Settlement Contracts are quoca<pft*r the word "sett." BU ward deal (In lots of 2.000 units) artfluoted1,791 words
-
Article106 1978-08-25 10 4 1/2% 1/8/80 (250.000) (99.558 99 638) 4 3/4% 15/9/80 (250,000) (100.008 100.088) 5% IV4/81 (250.000) (100.178 100.268) 5 V 4% T F IWBI-84 250.000) (102.408) 7% 1/8/85 250.000) (100.708 100.858) 7 1/4% 15/4/86 (250,000) (100.75B) 7 1/4% 15/16/86 250,000) (100.75B) 7 1/4% 1/5/87 (250,000) (100.70B) 6 1/2%106 words
-
Article47 1978-08-25 10 STRIKING prices of the stock options officially listed on the Btock Exchange of Singapore, the periods, bid and offer prices and business done yesterday, with the number of option* traded shown In bracket* Sime Darby (Sept 12.75) (0.83B) O U B (S«pt 12.20) (10) 1.44.47 words
-
-
Article2524 1978-08-25 10 1 1978 High Low Company Last Sale Gr'i Dhr +or- SECTION ONE Di* Crr Gr'( YTd Nat P/E Val (*999) Day High Low INDUSTRIALS *272 -238 .172 -219 -260 83 276 322 "215 S«5 132 123* 112 133 195* 60 V. 162 173.6* 140* 256 Ac ma2,524 words
-
Article151 1978-08-25 10 SINGAPORE UNIT TRUST INCOME BOND UNIT 1 Manager* price far Aug 23) (Carnal p rice* 1 The Commerce 2.39 2 54 INCOME BOND 1.07 1.13 The Saving Fund ISO 159 S pore Pro® Fund 1.15 1.22 MARA BUMIPUTRA FUND 8'pore Security Fund (Manager*' price* far Aug 25) 2.02151 words
-
Article1898 1978-08-25 10 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise specified. INDUSTRIALS A ems (2. BOB) A|inamata (2-948). Aleam (2 458). A Chee1,898 words
-
Article, Illustration970 1978-08-25 10 THE Straits Times Industrial index shot pass the 400 mark on the Stock Exchange of Singapore yesterday, unheeded by those on the trading floor who were caught up in the buying frenzy. It rose 4.44 points to 401.67 while the Business Times index which monitors the970 words
-
Article639 1978-08-25 10 A FORCEFUL return by the bulls took the Kuala Lumpur stock market to a firm finish yesterday. Trading was hectic throughout and by the close of the day, the volume swelled to 9.19 million units worth M 522.74 million compared with 8.34 million units worth639 words
-
COMPANY NEWS
-
Article, Illustration1067 1978-08-25 11 ARTHUR NG - »y ARTHUR NG METRO Holdings has turned in bumper earnings for the financial year ended March 31, 1978 despite a lower sales growth rate. Sales revenue gained from Its present five outlets came to about $85 million, up 12 per cent from the previous year.1,067 words
-
Article145 1978-08-25 11 BERJAYA Kiwat Berhad: AGM to be held at Jalan Utas, Shah Alam Industrial Estate, Shah Alam, Selangor, at 9.30 a.m. on Aug 26.. SentoM Plywood Berhad: EOGM to be held at the Conference Room of Hotel Merlin, Jalan Sultan Ismail, Kuala Lumpur, at 11.00 a.m. on Aug 28145 words
-
Article26 1978-08-25 11 MALAYSIAN Tobacco Company Bhd: The company proposed a one-for-one bonus issue at par. doubling Issued capital to 90 minion shares of 78 cents each.26 words
-
Article559 1978-08-25 11 PROFITS from Lower Perak Tin Dredging for the current year ending April 30, 1979, are likely to be maintained at the previous year's level provided tin prices remain fairly steady and no significant increase in operating costs occurs, chairman Enclk Junus Sudln says in his559 words
-
460 1978-08-25 11 LOW LIE CHOO - ■r LOW LIE CHOO TRUE to the directors' Interim forecast of "considerably lower" profits for 1977-1978, South Johore Amalgamated Holdings suffered a severe earnings setback for the year ended March 31. For the year reviewed, audited group pre-tax profit plunged 54 per cent from460 words
-
268 1978-08-25 11 PACIFIC Chemicals has posted a slightly lower pretax profit of $986,012 for the half-year ended June 30. This is 3 per cent lower than the $1.02 million reported for the previous half-year. Sales in the period fell 2.5 per cent because of "difficult" trading268 words
-
Article, Illustration355 1978-08-25 11 JIMI NGOH - •r JIMI NGOH CONFIRMING optimistic reports in the mid-year, St Plran, the tln-mlnlng and property group, has announced a hefty Increase In pre-tax profit for the year ended a hefty increase In pre-tax profit for the year ended March 31 to £3.03 million (5113.21 million)355 words
-
Article250 1978-08-25 11 Current payment Ex Date Books clotC Date payable Total for the year Total far previous year Pogi Malaysia M Ceonot IslaadandPon Pu Electric 8. DtrbvUiK LoaaStk M Tobacco Barjuatai L.Pmk B. bwit UOB AlnHMgs Bata PipvPni WPHf Highlands a»d Lowlud* Perils Plant M'wata Sei Dredge JC-MPH Int Wood250 words
-
Article104 1978-08-25 11 Company Particulars Ex Date Books Close fletOM Great Eastern life M'lia FeedmllU Synthetic Reainj Faber Merlin Bonus Issue of 1 (or 4 Bonus issue of 1 for 2 Rights Issue of 1 for 4 <891.00 per share Rights Issue of 2 for 5 ($41 00 per share Rights104 words
-
-
Page 11 Advertisements
-
Advertisement207 1978-08-25 11 UNITED ASBESTOS CEMENT UNITED ASBESTOS CEMENT BERHAD (Incorporated in Malaysia) NOTICE TO SHAREHOLDERS The Directors are pleased to advise that the operating results for the year ended 30th June, 1978 subject to final audit are as follows:1978 MBOOO Trading profit before tax 13,957 Provision for income tax 6,750 Trading profit207 words
-
Advertisement212 1978-08-25 11 We wish to announce that as from 25th August, 1978 we have appointed Mes-^' srs. CROWN MARINE CO. (PTE) LTD. as our GENERAL AGENTS in Singapore antf Malaysia. Henceforth they will handle all shipping operation on our behalf and*" we hope that you will be good enough to give us212 words
-
-
542 1978-08-25 12 WANG LOOK KEAH - *r WANG LOOK KEAH SIN HENG Chan Feedmllls will go fully automated with Its $15 million new plant in Jurong to compete more effectively and to cater to the growing demand for animal feeds. The new feedmlll will start production in 1980,.542 words
-
446 1978-08-25 12 UPI Reuter FOREIGNERS, shopping technology and bargains. are investing in the OnTted States at a greater .r%td«than ever before. Figures released by the US goVefjiment showed that investment from abroad, in evwjthing from mines to furniture stores, rose an estimated 27 per cent inUPI; Reuter - 446 words
-
Article77 1978-08-25 12 Reuter THE MALAYSIAN government, said it is making a second loan stock issue of MSSOO million in the domestic market. The first loan of $800 million was issued in May this year. The new loan will comprise a 6.125-per cent threeyear stock, a 6.375-per cent flvt-yearReuter - 77 words
-
Article50 1978-08-25 12 Reuter IRAQ blacklisted 460 Western firms as well as ships this year for dealing with Israel, the Iraq Agency reported yesterday. Of the total, 170 companies and vessels were American. The rest belonged to Britain, Canada, Holland, Japan, Sweden, Switzerland, West Germay, Belgium, Brazil and France, it said.Reuter - 50 words
-
Article814 1978-08-25 12 LONDON, Thurs Share prices lost ground in light trading today, following profittaking and on revived nervousness over the possibility of an October general election, dealers said. At 3 p.m. the Financial Times index was down 0.6 at 512.6. Government bonds closed narrlowly mixed with an easier bias in814 words
-
743 1978-08-25 12 Reuter THE HONGKONG etock mark* is expected to eater a parted of consolidation, looking for firm pointer* to Um future following the hectic and largely speculative trading of the last two week*, according to leading analysts in the colony. The Hang SengfaSn dooedReuter - 743 words
-
576 1978-08-25 12 RONNIE LIM - ■y RONNIE LIM TOBISHIMA Construction, a leading Japanese general contractor, will begin piling work today on the new Jurong Sewage Treatment Works, a $57 million contract which it won recently against other Japanese and local contractors in Singapore. With this contract, Tobishima now have576 words
-
Page 12 Advertisements
-
Advertisement86 1978-08-25 12 Souf&eadottS food entertainment RESTAURANT: Continental Lunch 11.00 am to 3.00 pm Dinner 7.00 pm to 10.00 pm HAPPY HOURS: Executive Lounge 3.00 pm to 7.00 pm 20% discount presenting 1. THE BANDIDOS 2 SWEET CHARITY Nightly non-stop music from 7.30pm to 2.00 am with charming hostesses All under one roof.86 words
-
Advertisement278 1978-08-25 12 COURVOI c < *k- 11 y jT 'v lv» »> -"V :v Bs£\*V Mfe&if MO^M mm «■«**s& 1 ,*5 -t" S3*;: I I «s -r J *i ts 'T "T i-v Fine sp&its just one of the many luxuries on which Business Times readers spend lavishly Wanted: bottles of spirits278 words
-
-
Article2753 1978-08-25 13 SCHEDULE A guide to ships loading at Singapore for Ports around the World TIM followtnf tabulates, by port of deetlnation the nam* of the ship, the shipping Unt involved, and the estimated dates or arrival and departure, from Btoc*pore port. t CMHtlillM Scan Dutch hu a joint wrrtW2,753 words
-
Page 13 Advertisements
-
Advertisement472 1978-08-25 13 Scan Dutch V Fast and Regular Service To/From N.C. /SCAN/W.M ED7 U.K. Singapore: Tel *****. Port Keiang: Tel. *****1. Kuala.Lumpur Tel. *****. Penang: Tel. ***** Mimrarr SANKYO LINE AUSTRALIA SERVICE P. Kalanj Siwppwi Ue*n tar »UVCA*P 31 km/1 Upt a/Jt A«f l/UKL MEL SYD PARADISE MOON 15/11 Sep! M€L STD472 words
-
Advertisement300 1978-08-25 13 g Seatrain Full Container Service to USA luaktr MM 25/7 21/7 VI 7/1 21/1 Uw«n i/i V.2f Agent*: Optorg Shipping Singopor*: 2^*****/*****82 K.Lumpur: *****3/*****3 Pcnong: *****/*****. EGYPTIAN EGYPTIAN FLAG INTERNATIONAL LINE EIL CONVENTIONAL AND CONTAINER SERVICE TO EGYPT (PORT SAID AND ALEXANDRIA) STOIC P.KELANG PENANG ALEXANDRIA SPHINX U Aug 30300 words
-
Advertisement313 1978-08-25 13 ALFRED C. TOEPFER GMBH REGULAI SERVICE TO MCDtTEMtANEAN pom or italy, spain, fiance r.UM| hdarpiMi 41# MWL—MM BURDEKIN SHIPPING PTY LTD REGULAR SERVICE TO ANTWERP I U.K. ACCEPTING THROUGH BILLS OF LADING TO MAIN U K. DESTINATIONS a.*. DORIC FIAMf 3Cta| inTSßmoDni trrh^pqrt ASG 7fc M SHARJAH SHIPPING CO LTD313 words
-
Advertisement408 1978-08-25 13 G LI LORD STEAMSHIP CO. S.A. TMM/STMm/TMMM EXPRESS UNO SOKt PHILIPINE ACE LINES INC. rpo« pkelang penang loading rot MVMOUVE JR/J1 A* Vila* 1/4S* UafcMMt IMMI t*X«T MARfTIK U SPORE P. KIMS Ft MM LOADIM FOB; nmfruit ..j»/jia* s/as* STRONGWILL ENTERPRISE (PTE) LTD ejg n «j£C „X« i->OPt ~ii *1^408 words
-
Advertisement62 1978-08-25 13 Nedlloyd Lines Regular Liner Services To/ From All Parts of the World. Singapore: Tel. *****. Potttetang: Tel. *****1. Kuala Lumpur Tel. *****. Penang Tel. ***** NOTICE REFRIGERATION VESSEL QUICK SALE/ CHARTER ORT 284.33 DATE OF LAUNCHED: 5.1968 ENGINE: NIOATA QUICK FREEZE ROOM: AIR BLAST 3 TONS PER DAY RELIANCE SHIP62 words
-
-
Page 14 Advertisements
-
Advertisement764 1978-08-25 14 SHIPPING FULLY CONTAINERISED TO EUROPE Mm*m hi Pwt 27/8 16/9 18/9 HwfkMf Eipms 1/9 18/9 20/9 ItatMan 3/9 24/9 26/9 KmHmo lay U/9 13/9 4/10 6/10 m.I« 20/9 22/9 12/10 14/ M nVi]?K. 26/9 28/9 19/10 21/10 EXPRESS CONVENTIONAL TO EUROPE Span PKd»| P*. S*» G«*» tfhKi hmumhu 5/9 30/9764 words
-
Advertisement284 1978-08-25 14 A«f 21/29 S*»V« ££9(5 Wl/t *f»«/» £f 4 n/ z 7T. S*7 ft* a» mii s5» <wu S*2s Odl Od 15 So* 29 Od 12 Od H S«P» 23 Od 13 OdS Od 16 Od» JJJJJ Tomer Tah«| Soft 11/13 Mil/) I (MS) i (Mc> (t»0 (MS) »H/I *#l I284 words
-
Advertisement686 1978-08-25 14 \Mlanb U.SJI./ ASIA SERVICE OtT REFRIGERATED CONTUHEI SERVICE SAILING EVERY *tPWESBW FW Wt|S WW*. CAMAOA. CAR) MEAN. JAPAN. (OKA. TMH. MM ROWG. THAIUMO VM PtMUPPINa VESSEL/VOYAGE Vessel Arrives/Departs 7.00 PM WORLD LION 17 Aug 31/ Sept 1 Aug 30 WOfeLD TIGER V 8 W WORLD LION V 8 s»tu/i5 s«pti3686 words
-
Advertisement864 1978-08-25 14 Burmi Fivt Star SliippM| C«rp«. \Bk "BURMESE NATIONAL LINE" LOADING FOR RANGOON now"»<«*fc) 2525 """TfTsX. Agents in Malaysia: TEPS MALAYSIA Port Kelang Tel (38) 7355 Penang Tel. *****/***** Compania Arftntina Da 'TM L> Navafacton IntarcoirtMtantal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOADING FOR DURBAN. CAPETOWN BUENOS AIRES f PATAGONIA864 words
-
Advertisement636 1978-08-25 14 Orient Overseas ConlcMieA Line FUUY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) S SEAS MlDtt 17* OMENTAL RESEARCHER 3 NEPTUNE COMI 9N CHEVALIER PAUL 12* CHEVALIER MUE m NEPTUNE PEAMII* MERCATOR I* OMENTAL CHIEF IK I'ptn P.Mmc j I* Port 2S/76/S 30/8 1/9 13/9 14/9 70/9 22/9 28/9 N/9 blO 7/H636 words
-
-
Page 15 Advertisements
-
Advertisement1064 1978-08-25 15 QCL Overseas Containers Limited mmmmm same TO wucmrwom NXrf S'pori PKtlang Vmut **>. MMYM tog 17 tog IBtoM lltopt (MUM KMOJ 1 I»J2J JJ2 utamo Mm itnt Mto* BAT 11 ><ft 11 topt BtNAVON 17 Oct IB Bet H H» H »B BM W c*ttainers«ip samet from w/cumnwi: H'burg Bre*.1,064 words
-
Advertisement959 1978-08-25 15 AfOßtaernce of Bbc Line. Bk>eF]Minel den Line and NSUO I AmericanrnnriniT mir J RTftAITR BXniM CONTAINS* SI la** Far New TM. Eaet Caaat Mi Ml pern w, Lm Aeptes, San Fraaniai art Seattle iiaurm P u'<it l A lead to.Kti a>uect> P. ROOSEVELT S Sept (2S Au() 29 Auf 27959 words
-
Advertisement664 1978-08-25 15 BEN LINE M M >» wan la* MM* kt N M MIIM h) M kt Ba»> a act M I«■ HK, TML Tfn, TK, O. HH.TK.tt HK. Tw*. HK. Tan. Taa, U TIL HK. TK. U. HK. Th. HK, Twi. HK. Tm Sai'ai lad MM W" U H M li664 words
-
Advertisement944 1978-08-25 15 Scan Dutch V )NTINENT/ SCANDINAVIA t. taiang Veaaei m I m* 11/ I Ml MVTI V I MTUWI J MI. Kin S-pora 1) MMiltn 3 Mm S Mtorf <) atari ni% tv u/i a/i a/» a/i n/ sv* a/ 1/u IT/ I i/n l/M »/W a/11 aI i/w n/a a/a944 words
-
Advertisement718 1978-08-25 15 GUTHRIE BOUSTEAD AGENCIES THE BANK LINE LTD. U (MiahtM. I •> ma un i LNAB F« E. S. AFRICA UST"wn~kit E rJ*» E *m p. p. Keiant S'port >rt Nt.»/»I LYKES ORIENT LINE mm service hrect Htm siimpne TB MM MUm. MULE, HStSTBN. ULKSTN. alsb acceptm chh m mum. mamma.718 words
-
-
Page 16 Advertisements
-
Advertisement612 1978-08-25 16 K line KAWASAKI KISEN KAISHA. ITD (W SK2) If S'gore P. He I*l L.Hwr« HW| Bremen ttVEKUSNIK£I7VtoP*t »U| 14S«ft n!£ !!sS SsS tKKinr 11 m JriS t—" M 11 Sat IS SMt J let S let I let I let II at El PML IIW HSipt 22 if* 11 let612 words
-
Advertisement956 1978-08-25 16 v/> U.S.A./EAST CANADA SERVICE ACCEPTING FCL/LCL CMTAJNtKS FWB PEMIR, P. KELMR, S'PttE C tar NfflU. TRRR. MRRTREAI, TNMTI Pmang Beiawan P. Kelang Singapore ■•visrva tirtr" (hssa asci) ts/iiswt 'R/»saot «/mw E.C./GREAT UKES SERVICE IM*l| NT: RRRFRU. WW WRR. ffW, WtM*^ •••visrva irwr mu a sci) n/» a* si/ i sa«t956 words
-
Advertisement1014 1978-08-25 16 NEPTUNE OWE NT LINES UD 'FULLY CONTAIMERISSD SItVICtS: tkirum oral CKvuia NIL chevauei Ma neptine pearl t*. ttSEARCRER Spn *M no* m U I mmmmtnAMß S'pore P. Mmc £*£**iium 1 ti&lm litat aA* US* ttS n<2 22 Utai IS* 11 Sift 15 Sapt 1 'J* «i 20Saat S«st I let1,014 words
-
Advertisement535 1978-08-25 16 M4O4VSMM HTCHNATtOMAL INWWWB COMraM?IOW f*MAO EXPRESS FULLY COHTAIKEWSED SERVICE TO/FROM MED/UK/COfmREMT/SCAHOIHAVIA 1) Starf a Ntarg S B'eaa SLa* P.«altM l*pa»a mntl MM MM MM MM MM V W MUAMIA MM MM MM MM KM IS/ B V HI MlfT UiM MM MM MPt «V HUNU a/ a a/ a 1535 words
-
Advertisement661 1978-08-25 16 INTRASEA (PTE) LTD. ItISII AM WIS MPASIA UN 'M m 'H f M' B Kansai Line STRAITS/AUSTRALIA SERVICE Stupor* P. Rtiaag Ltaflpg hrs mm SYBNEY VJA *UK ta f«t Bristaw/Sydnetf Melboonit/AdeUidt. fbrtbki v. m as* as* *> J rMMwrftiTi L i^^U sS. ll, r «k ALPAC LINE SOUTH AFRICA SERVICE661 words
-