The Business Times, 28 August 1978

Microfilm: NL9799
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 218/1/78 MONDAY, AUGUST 28, 1978 SOCENTS
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  • BRIEFLY...
    • Article
      Lock icon Pope John Paul
      79 1 AFP VATICAN CITY, Sun. Pope John Paul I today stood on a balcony above St. Peter's Square and told a crowd of 200,000 how he became the first Pope to choose a compound name. He chose John because Pope John XXIII consacrated him a bishop and was
      AFP  -  79 words
    • Article
      It's not all in the family
      75 1 KUALA TRENGGANU, Sun. The need for family businesses to be run by professional managers was stressed here today by former Malaysian Finance Minister Tan Slew Sin. Speaking at the annual meeting of the Federation of Hokklen Associations of Malaysia, he said there is nothing
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    • Article
      Lock icon Prison interrogation
      58 1 Reuter MOSCOW, Sun. American businessman Francis Crawford today went to Moscow's Lefortovo Prison accompanied by his Soviet lawyer for an expected lengthy interrogation on alleged currency violations. Mr. Crawford, 37, entered the prison for what he told friends earlier was likely to be a severalhour session as KOB
      Reuter  -  58 words
    • Article
      Lock icon Better farming in Manchuria
      62 1 Reuter HONGKONG, Sun. China's northern Heilungkiang Province (in Manchuria) has adopted an improved method of soil cultivation, Hsinhua News Agency said today. The scheme, combining deep ploughing, sowing and other operations into one process, has. been developed on over three million hectares of farmland, which accounted
      Reuter  -  62 words
    • Article
      Lock icon More students for Japan
      60 1 AFP TOKYO, Sun. The Education Ministry here has decided to Increase the number of foreign students studying In Japan at Japanese state expense by 150 students in fiscal 1979. At present, there are 5,755 foreign students from 90 countries in Japan. Of them, 1,081 are studying
      AFP  -  60 words
    • Article
      Lock icon Fit for elections
      54 1 AFP BANGKOK, Sun. Former Thai Prime Minister Kukrlt PramoJ today returned from three weeks of health treatment In Switzerland and re-afflrmed that he would run in the upcoming election. The former leader of the Social Action Party, however, denied reports that he expected to become Premier again
      AFP  -  54 words
    • Article
      Lock icon Embassy staff trimming
      79 1 Reuter LONDON, Sun. Britain has started discussions with some Arab countries aimed at trimming the size of their embassies here, Foreign Secretary David Owen said today. "We are prepared to take any action that Is necessary to keep the fighting off the streets of London that we
      Reuter  -  79 words
    • Article
      Lock icon Oil in Mekong
      69 1 Reuter CLA&K AIR BASE, Sun. Vietnam has found oil In the Mekong Delta and begun some production though not in commercial quantities, a United States congressional mission said here today. Congressman Sam Hall said the mission was told of the developments during their past week's visit to
      Reuter  -  69 words
    • Article
      Being 'psyched'
      64 1 BAGUIO, Sun. The behaviour of a Soviet psychologist threatened to end the six-week-old world chei£ championship without a single further game being played. The psychologist, previously unknown In chess circles, may prompt challenger Viktor Korchnol to walk out of the fight for the world chess crown If he
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    • Article
      Lock icon New Iranian Cabinet
      75 1 AFP TEHERAN, Sun New Iranian Premier Djaafar Sharlf-Emami. 68, presented a 22-member Cabinet to the Shah here today, Including only five former ministers. The role of the new premier would be to bridge the gap between the government and the Shilte Islamic Movement, and stem the wave
      AFP  -  75 words
  • Article
    TOP TEN STOCKS
    117 1 THE following list of stocks gives the 10 most traded on the Stock Exchange of Singapore last week. It gives the turnover in thousands of units, closing prices on Friday and the high and low for 1978. Company Turnover Price# High Low '000 Aug 2S 1978 Pan
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  • Article
    LOCAL STOCK INDICES
    154 1 SINGAPORE Aug 21 Au® 22 Aoc 23 A of 24 Auf 2S ttBT Index: 1818.91 1843.14 1899.82 1948.15 1981.54 'Industrials: 390.65 392.41 397.23 401.67 402.67 ©Finance: 645.89 644.71 655.17 662.12 664.82 "Hotels: 244.35 249.16 262 30 272.49 275.68 •Properties: 240.96 242.83 247.32 257.56 260.25 tTtns: 173.56 173.56
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  • Article
    UOB challenges Hong Leong
    770 1  -  TUSSLE FOR SINGAPORE FINANCE •y QUEK PECK LIM THE GIANT United Overseas Bank has Joined battle with Hong Leong for control of Singapore Finance Ltd (SFL). On Saturday. It entered the fray by offering shareholders about $3 a share for their holdings In SFL. This Is
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  • Article
    Penang flights offer for SIA?
    292 1  -  By OUR REPORTER REPORTS from Malaysia indicate that Kuala Lumpur has agreed to allow Singapore Airlines a total of 17 flights a week into Penang, the frequency to be increased over a fixed period of time and subject to passenger capacity. Meanwhile, the Malaysian government
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  • Article
    Plywood firms agree to raise export prices
    763 1  -  •y JOHN LIM PLYWOOD manufacturers from Singapore, Korea and Malaysia have concluded a new Increased floor price agreement for the export of plywood to the EEC. For the UK market, a quota for the last quarter of the year was also established. Komasl
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  • Article
    Apprenticeship in printing industry
    143 1 A READY-MADE opportunity exists for the printing Industry to secure for itself a pool of workers. A total of 5,000 pupils from Secondary One and Two will be channelled for vocational and industrial training from next year under the Revised Secondary Educational System. The Master Printers
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  • Article
    SPPL move
    83 1 SINGAPORE Paper Products Ltd has Informed the Stock Exchange of Singapore that It is negotiating to take up stakes of 51 per cent each In two unlisted companies, Bored. Piling and Soil and Foundation. Bored Piling has a paidup capital of $1.2 million, while Soil and Foundation has
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  • Article
    Forms for UOI's five million share issue available today
    298 1 APPLICATION forma and prospectuses for the issue of five million shares in United Overseas Insurance, a subsidiary of United Overseas Bank, will be available to investors this morning. The shares will be priced at $2.00 with a premium of $1.00 over
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  • Article
    New scheme for residents' committees
    434 1 MANAGEMENT of a residents' committee scheme for those living In Housing and Development Board estates Is to come under the direction of the Prime Minister's Office. HDB chairman Mr. Michael Fam revealed this in the board's annual report for 1977/78. By the end of this
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  • Article
    Trade gap widens
    183 1 SINGAPORE'S latest statistics show that the trade deficit has widened. For the first seven months of this year, Imports grew at a faster pace than exports and the gap at the end of July stands at $3.83 MtHon. Department of Statistics figures show that during the period.
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      27 1 ©Wtyfbong MAF A lending hand when Wayfoong Mortgage you need and Finance (Singapore) Liriijted It fflOSl Shaw House. Ground Floor. 354 Orchard Road, Singapore 9. Td. *****7.
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    • Advertisement
      Page 1 Advertisements Column 2
      96 1 Far your complete Video needs With customary vision and foresight Sony pioneered video equipment. Today, Sony is one of the world s foremost manufacturers of integrated video equipment. Research and experiments are continuously carried out to bring you the most advanced and sophisticated video components DXOI2OOP Colour video camera ideal
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      Page 1 Advertisements Column 3
      59 1 ÜBU3II SHIPPING TIMES MILLER calls for utiinflation tax on profits 3 CONTAINERIS ATION tact ud fantasy 5 UNIVERSAL City the gateway to Hollywood DONNY and Mario mors into STANDARD and Chartered Bank in Chineoe coop jj SAUDIS back Carter's defence plan far dollar 12 CROSSWORDS J, AIRCRAFT SCHEDULES, TV A
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    • Advertisement
      Page 1 Advertisements Column 4
      117 1 fk. Albert Photo .T. 7 For the best in V-sife photographic w ismours equipment SEE PAGE 10 JAL FLIGHT 712: THE TOKYO EXPRESS NEW YORK VANCOUVER •tC 'WSAN 1 FRANCISCO I LOS 1 'ANGELES I (HONOLULU I SINGAPORE MEXICO CITY Only on JAL can you non-stop to Tokyo, then make
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      220 2 I w r■- ■•■>' -> L- tr 1 >* f* r IVSB j,. n w»m r .V V. > IV >. ;r m j t i 5k ff Hf KIK I f'teWM r fe &f w» 5* 21 V M. -sfl? m a N n j V M W af?
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  • OVERSEAS
    • Article
      Lock icon Fish-for-beef pact may not end Japan-NZ skirmishes
      596 3 Reuter ALTHOUGH the diplomatic battle between Japan and New Zealand over a fish- for- beef- and-, butter treaty may be over, skirmishes between the two countries are likely In the years ahead. Both New Zealand diplomats and Japanese officials in Tokyo acknowledge that
      Reuter  -  596 words
    • Article
      Lock icon New Yorkers hedge in Chicago forex
      493 3 Reuter SOME MAJOR participants In currency futures trading on the International monetary market in Chicago are New York Foreign Exchange dealers who hedge some of their forward commitment. Working through brokers here, they also sell on the IMM when buying demand boosts the attractiveness
      Reuter  -  493 words
    • Article
      Lock icon UK bond prices will remain steady forecast
      383 3 Reuter BRITISH government bond prices should remain steady around their current levds this week following the long bank holiday weekend. Short-dated bonds, which had been expected to remain unsettled last week, steadied early on renewed interest In the Exchequer 3 per cent 1981
      Reuter  -  383 words
    • Article
      REVIEW OF KNOW-HOW EXPORT TO RUSSIA
      280 3 THE CARTER Administration, responding in part to pressure from Congress, has decided to reconsider whether to allow export of advanced hard-metal technology to the Soviet Union. The decision involves the granting of an export licence to Bresser Industries of Dallas for a US$l44-million <*****
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    • Article
      Lock icon Miller calls for anti-inflation tax on profits
      850 3 NYT Reuter US FEDERAL Reserve Board Chairman William Miller suggested that the Carter Administration consider an antl-lnflatlon tax as a second stage in its efforts to trim Inflation. The Wall Street Journal reported that In an interview, Mr. Miller suggested the tax could
      NYT; Reuter  -  850 words
    • Article
      Lock icon Court bars strike
      196 3 AP A FEDERAL Judge Issued a restraining order on Saturday barring America's two largest postal unions from striking, a US Postal Service spokesman said. US District Judge John Pratt signed the six-day restraining order in Maryland. He set next Friday for a hearing on the restraining order.
      AP  -  196 words
    • WORLD IN BRIEF
      • Article
        VIOLATIONS OF SANCTIONS
        529 3 MAJOR oil companies, notably Shell, British Petroleum and Total, have regularly violated UN sanctions against Rhodesia by supplying the country with petroleum, according to an official report disclosed yesterday by the Sunday Times and the Observer of Britain. The two weekly newspapers said the report submitted by
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    • Article, Illustration
      SUGAR CANE POWER FOR CARS
      172 3 AUSTRALIAN scientists are trying to improve methods of making ethyl alcohol (ethanol) from sugar cane. Scientists at the University of Queensland hope they can reduce production costs to the stage where ethanol could become the best alternative to petrol. Ethanol can be used In motor
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    • Article
      BRAZIL RAISES COFFEE PRICES
      296 3 BRAZIL Increases the minimum export price for Its coffee from US$l.5O a pound (553.40) to $1.60 from today, the Brazilian Coffee Institute announced. The new price will apply until Nov. 30. The president of the Institute, Mr. Camllo Calazans said that the hike 1s clearly justified
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    • Article
      UK paying its way
      112 3 BRITAIN'S economy is healthier than at most times since the war, Chancellor of the Exchequer Denis Healey said at the weekend. Since 1974, Britain had shifted 3 per cent of Its gross national product Into the balance of payments and the nation Is now paying Its
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      57 3 Tin CaM Storage (S) Pte. Ltd. has available TnHHUIHiB M'l'l (for frozen and chilled goods) at its Pasir Panjang Warehouse Complex 104, Pasir Panjang Road, 8 km., Singapore 5. Close to Port of Singapore Authority and town. 24 hours service. casual and monthly basis. Contact Mr. K.B. Kiang at telephone
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    • Advertisement
      Page 3 Advertisements Column 2
      301 3 WITHOUT FRILLS Frills and trimmings, they're not our style BUT a good meal at a reasonable price in pleasant surroundings now, THAT'S OUR STYLE. Our BUFFET LUNCH is served daily from 12.30 p.m. to 2.30 p.m. For the kind and variety of food we serve, it's incredibly inexpensive. Adults $8.90
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      655 3 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 4 Fighting artist embraced by a girl (6) 7 Veteran horologlst (3-s)* 8 Creatures increasing In numbers (6) 10 I'm surrounded by cunning, and It's not nice (5) 13 Rear In fine style (4) 14 The parting utterance of twin terriers (2-2) 15 Place of
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  • RAW MATERIALS
    • Article
      FOREIGN RUBBER
      245 4 RUBBER futures closed very quiet in London on Friday, mostly 0.40 to 0.75 pence per kilo down from Thursday night, in sales of 158 lots of 15 tonnes. No options were traded. Morning values drifted lower on lack of Interest and easier after-hours trading levels in the East
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    • Article
      Produce exchange
      244 4 CHINESE Produce Exchange. Singapore noon closing prices per picul on Saturday: Coconut oil: Bulk $87.50 sellers, old drum $92.50 sellers, new drum $97.50 sellers. Copra: Mixed (loose) UK/Cont. $59 buyers. Pepper: Muntok ASTA white f.o.b. 100% NLW $322.50 sellers, Sarawak white f.o.b. 96% NLW $305 sellers, Sarawak special
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    • Article
      Wheat
      162 4 WHEAT futures In Chicago in Friday closed mostly lower, pressed by com-mission-house selling in the final hour and a large exporter sale at the close. The near September finished up two US cents a bushel, while other Months were unchanged to off ltt cents. After posting small gains in
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    • Article
      Palm oil
      86 4 C I F North European ports. In US dollars per ton unless otherwise stated. LONDON: 1 Friday Previous Malaysian 5% f f a bulk per tonne October unq 560 sir 8umatra 5% (fa bulk August unch 820 pd September unch 612V615/810 pd October unch 587 Wpd November 587V,pd
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    • Article
      Straits tin
      135 4 THE* STRAITS tin price In Penang on Saturday fell Ms 2 to $1,778 per picul, on an official offering down nine tonnes to 158 tonnes. In LONDON on Friday, tin finished £7 higher for cash and £17 up for Three Months standard metal. High Orade was £7 and
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    • Article
      Silver
      221 4 THE HONOKONO silver futures market closed at HK5258.50 on Saturday, unchanged throughout the half-day session and unchanged from Friday. Fixing was also done at the same level. On the LONDON Metal Exchange, silver showed losses of 1.0 to 1.3 pence per troy ounce on Friday. Prices fluctuated narrowly at
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    • Article
      Cocoa
      234 4 TERMINAL cocoa in London on Friday closed C 8.50 down in near September to €12 up In the forwards, having rallied from afternoon lows in late trading. Turnover totalled 2,398 lots Including 1,250 lots crossed and five options. The market fluctuated within a relatively narrow range all day. Near
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    • Article
      Rice
      188 4 BANGKOK rice In US dollars per tonne F. 0.8. basis quoted on Saturday: While Rice: 100 pet Ist class 397, 100 r:l 2nd class 382,100 pet 3rd class 377, pet 372. 10 pet 347, 15 pet 342. 20 pet 34?, 25 pet 327. 35 pet unq Broken: A-L Super
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    • Article
      Lead
      73 4 LEAD closed £0.50 per tonne down for cash and unchanged for Three Months in London on Friday. The market held steady throughout the morning with pre-weekend profittaking and long liquidation meeting good underlying buying support which dealers said reflected trade reports of continued demand for physical metal. Three Months
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    • Article
      Coffee
      353 4 ROBUBTA futures In London on Friday closed steady at the day's highs and up £16 to £33 per tonne from Thursday night. Turnover was 2,585 lots Including 56 options. The morning session had largely been routine with no special market factor, values at the morning close were £2 down
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    • Article
      Copper
      485 4 COPPER wire bars closed £2 per tonne down for cash and £1 lower for Three Months In London on Friday. After trading at £767.50 for Three Months on the early pre-market, values were shaded following indications that last week's stock decline would be smaller than earlier anticipated. Dealers also
      485 words
    • Article
      Sugar
      333 4 TERMINAL sugar in London on Friday held fully steady for much of the afternoon to close just below session highs, with gains from Thursday night of £1.95 to £2.95 per tonne. Turnover totalled 1,670 lots including 69 options and 318 kerbs. Dealers attributed much of the support to short-co-verlng
      333 words
    • Article
      Zinc
      63 4 ZINC ended the session £3.75 per tonne down for cash and £3.50 lower for Three Months. Dealers said that detplte forecasts of a 2,000-tonne stocks decrease last week, light pre-weekend liquidation touched off stop-loss orders which saw Three Months trade down to £325.50 per tonne on the kerb from
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    • Article
      Lock icon NSPA approves plan to boost soybean exports
      177 4 Reuter THE US National Soybean Processors Association (NSPA) has approved a slxpolnt plan to preserve the Industry's ability to meet foreign competition. In a statement released In Washington last week, the processors said the action, drafted at its annual meeting, would Include: drafting
      Reuter  -  177 words
    • Article
      Gold
      711 4 THE KILOBAR in Singapore on Saturday opened at 5514,502 and closed at $14,531, after trading In a high-low range of $14,538/ $14,502. The tone of the market was "dull". Spot gold for London delivery opened at U*****.40/80 per troy ounce and closed at 108.80/ 198.20. The high-low range was
      711 words
    • Article
      Soybean
      188 4 CHICAGO soybean futures kept their early strength to finish 7% to four US cents a bushel higher on Friday. Exporters and commercial firms were good buyers, with one export firm taking three million bushels. Local traders sold on highs but selling pressure was generally considered light. Strength stemmed partly
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    • Article
      Lock icon Sharp fall in refined copper stocks
      101 4 Reuter REFINED copper stocks held by American refineries declined sharply to 249,900 short tons at endJuly from 288,200 tons at end-June, the American Bureau of Metal Statistics said. In the same period, Commodity Exchange (Comex) stocks rose to 181,000 tons from 177,800. Combined refinery
      Reuter  -  101 words
    • Article
      Coffee remains hot on produce market
      389 4 WHILE pepper, copra and coconut oil trading features were almost nil, the favourite topic of the week on the Singapore produce market continued to be coffee. Coffee prices recovered from the doldrums they had fallen into the last month, and firmed steadily. On the
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    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        156 4 THE U8 dollar last week opened at 2.*****/70 against the Singapore dollar and firmed sharply to 2.2800 on commercial and shortcovering as the US raised its discount rate from 7% per cent to 7*i per cent. However, the American currency eased slightly to 2.2500 despite reports of Increased
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      • Article
        MLR
        21 4 THE average rate at which Singapore banks are currently prepared to lend to their beet customers is 7 per cent.
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      • Article
        Asian $ rates
        215 4 Asian rates RATES eased Vfc per cent in lacklustre conditions towards the dose on Friday, last week. The week paw low volume activity with most operations concentrating on foreign exchange. US money supply Increase In M-l by US$l billion and M-2 by $2.1 billion had no effect on rates. ASIAN
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      • Article
        Lock icon Discount market
        407 4 Source: Commercial Discount Co. Ltd INTERBANK overnight money, In the week ended Aug 25, opened at Its previous week's level but, towards the end of the week, eased to the 4 per cent level with demand apparently satisfied. Rates for term money traced a similar pattern. One-month deposit,
        Source: Commercial Discount Co. Ltd  -  407 words
      • Article
        Euro $ rates
        106 4 Euro rates LONDON Eurodollar deposit rates on Friday closed steady around opening levels after quiet trading ahead of the long weekend. The earlier offered tendency In periods faded by midday, leaving rates basically unchanged from opening levels and there was very little movement In afternoon trading, dealers said. Short dates
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      • Article
        Frankfurt
        44 4 FRANKFURT exchanges closing quotes on Aug. 25. US 2 0130/50 can 1 7730/40 SiMjri/m DTI n 10/20 s rr nt.m/T Lit 2 304/304 F FT 45 80/90 Yen 1 0400/0500 B Ft (con) 0.351/361 B Fr (fin) 6.170/110 N Kr 37 94/38 04
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      • Article
        Money market
        83 4 THE INTERBANK overnight market opened firm at 7 per cent for the first two days of the week ended Aug 25, before easing off to a low of 3% to 3K per cent towards the close. Two and Three Months were steady at the 6V4 to 6* per
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      • Article
        Zurich
        592 4 THE FOREIGN exchange market last week witnessed a significant strengthening or the dollar against all major currencies. On a week-to-week comparison, it rose from 1.6190 to 1.***** Swiss francs from 1.***** to 2.0180 marks and from 186.35 to 192.50 yen. The rally of the US currency was mainly caused
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      • Article
        New York
        282 4 THE dollar ended slightly weaker from opening levels on Friday, although firmer than Thursday's close, In quiet trading. Dealers said the dollar firmed initially on reports that the US may draw on Its SDR funds at the IMF, before It eased later in the session. The Federal Reserve
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      • Article
        London
        180 4 AFTERNOON currency trading on Friday wax extremely thin ahead of the long UK holiday weekend and the dollar closed generally higher. Activity was mainly confined to protective unwinding of positions ahead of the long closure, with operators here consolidating profits' with the month-end in sight and reluctant to have
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      • Article
        Short term money
        48 4 FOR THE week ended Friday Aug 25, the range of call rate* received from Short Deposits (M) Berhad was as follows,* Baafc And: 2* per cent to 6Vt per cent. Ooa oral faatf: 3 per cent to 4Viper cent. Meveneata of fund totalled $516 million.
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      274 4 /£g\ OVERSEA-CHINESE BANKING im) CORPORATION LIMITED (Incorporated in Singapore) The Directors are pleased to announce that the unaudited net profit of the Bank and the Group for the six months ended 30th June 1978, after providing for taxation, diminution in value of assets and allocations to inner reserves amounted to
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  • TRANSPORT
    • Article, Illustration
      Containerisation — fact and fantasy
      533 5  - Containerisation fact and fantasy By PETER CHIA GREAT OPTIMISM attends the progress of containerisation in the region. So much so that expectations are often way above the actual achievements of this sector. There are wildly glamorous statistics, for example, demonstrating that containerised tonnage through the Singapore terminal grew by 250
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    • Article
      Sino-Lanka meeting
      41 5 A SHIPPING delegation from Sri Lanka is in Peking for the six Joint committee meeting of the Sino-Sri Lanka joint shipping service, the official Hsinhua news agency reported on Friday. The Sri Lanka team arrived in Peking on Thursday.
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    • Article
      Lock icon Australian ports hit by disputes
      329 5 Reuter CARGO movements In Sydney and Melbourne ports have again been seriously disrupted by industrial disputes. A spokesman for the Association of Employers of Waterside Labour said that conventional cargo handling in Sydney is virtually at a standstill while container operations in Melbourne are severely
      Reuter  -  329 words
    • Article
      Lock icon Japan may allow lower airfares
      337 5 AP Reuter JAPAN'S Ministry of Transport will allow Japanese travel agencies to introduce much lower airfares for overseas chartered flights, starting in October. Disclosing this the Tokyo newspaper, Asahl Shimbun said tickets for the new overseas chartered flights approved will cost an average 10 to
      AP; Reuter  -  337 words
    • Article, Illustration
      Coming ... the automated container ship
      285 5 Coming the automated container ship A FAST short-haul, fullyautomated container ship of 1,600 tonnes that require only a five-man crew has been designed by Mr. Warwick Hood, a naval architect from Sydney. Mr. Hood said the ship, equipped with the latest technological aids, could be managed by a crew of
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    • Article
      DAILY AIRCRAFT MOVEMENTS
      753 5 ARRIVALS Service Local Operator Number Time From SAS SK097 0640 CPH/KHI/BKK MAS MH601 0700 KUL SIA SQ911 0735 SFO/HNL/OUM MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CPA CX710 1005 HLP OIA OA980 1030 HLP
      753 words
    • Article
      Seatrain orders four ships from Japan
      309 5  -  ■r CHAN SONG SOO SEATRAIN Pacific Service* of the United State* ii buying four new container vaaaela from Japan. The first ship, to be named, Seatrain pendence, win nave a capacity for 909 twenty-foot Siivalent containers (i.e. Ua). It will join the comBiy's fleet
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    • Article, Illustration
      SHIPS IN PORT
      373 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Alameda (after President Taylor) 47 Cristobal Maru (0600 after Catamarca II) 38/39 Golden Eagle (0600 after Klmanls) 23 Golden Lake (0300 tide after Hoso Maru) 29/30 Junyo Maru (1500 after Cosmos Altalr) 33/34 Kota Ratu (after Llca Maersk) 45 Longshan (0600) 19
      373 words
    • Article
      MISC's $53m loan
      102 5 A LOAN agreement of US$23 million (Sss3 million) was signed In Hongkong on Friday between the Malaysian International Shipping Corporation Berhad ant. the Mitsui Bank. The loan will refinance a number of outstanding yen denominated deferred payments which carry interest rates higher than the prevailing rates. The
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      17 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****5 CITY TEL *****55 Colt us for you. local or onward reservations
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      Page 5 Advertisements Column 2
      97 5 k wms a rmttero) It starts with a feeling. A feeling of wanting to escape from life. 11 A feeling of freedom, solitude and I isolation. A feeling of love for fun, excitement and discovery in short, a feeling of the good life. Rasa Sayang, resort hotel on the is/and
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  • REVIEWS
    • Article
      Chummy but enjoyable
      468 6  -  By TSANG SAU YIN CATCHY tunes, foot-tapping rhythms and conductor who turned maraca player at the drop of a cha-cha note were some of the ingredient* which made for a chummy evening social in the auditorium of the Development Bank of Singapore on Saturday night. "Chummy" because
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    • Article, Illustration
      Lock icon Hello Count Dracula
      742 6  -  By NIGEL ANDREWS FT DEEP in the heart of Hollywood lies Universal City. America set the fashion In calling Its movie studios "cities" (Rome followed with Clnecltta), and It's a title that some of them live up to better than others. Universal Is the studio that brought
      FT  -  742 words
    • Article, Illustration
      Joyful Close Encounters
      781 6  -  By ILSA SHARP "CLOSE Encounters of the Third Kind" is a potent reminder that nothing is more absurd than Man's pathetic belief that he does, or can, know everything the average man shuts off the Infinity which Is inherent In his mind and says "therefore, it Is
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    • Article, Illustration
      Korchnoi's handicap
      536 7  -  By PANG KWOK LEONG THE REASON for Korchnoi's successive defeats In the adjourned games against Karpov is obvious. He has to pit his brain against a pool of top Soviet grandmasters once the game gets adjourned; that :Is. once the game goes past 40 moves within the stipulated
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    • Article
      AUTUMN MUSIC
      79 7 SEJONG Cultural Centre In Seoul, Korea, has a lively autumn programme scheduled for September: Sept 4 joint invitation recital by Juilliard teachers from the US, violinist Paul Doktor, baritone Richard Torlgl, and pianist Howard Aibel; Sept 8 Nicolal Gedda, Swedish tenor, sings, with Martin Katz on piano; Sept
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    • Article, Illustration
      A Blade of Fern is fine writing
      1340 7 A Blade of Fern, Edith Tiempo, Heinemann Educational Books (Asia) Singapore, 1978, $7.50, Reviewed by Geraldine Heng EDITH Tiempo (and her husband Edilberto, also a novelist and more prolific than she) is what Filipino literary critics would consider a mid-range novelist. Miguel Bemad,
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    • Article
      Dr. Goh's marathon
      512 7 Letters to the Editor I WAS one of the audience at Dr. Goh Poh Seng's poetry reading of his "Line* from Batu Ferringhi" and I happen to be one of thoae in the picture printed in your paper of Aug 21 over the caption "Dr. Goh and
      512 words
    • Article, Illustration
      Lock icon The Osmond fashion show
      564 7  -  «y JUDY KLEMESRUD NYT DONNY and Marie Osmond, the brother-and-sls-ter singing team almost always described as "wholesome", went to New York recently to Introduce their first fashion collection for young people. It contained no short skirts, bare midriffs or tight pants. "Those are the kinds of
      NYT  -  564 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      294 6 m RARE OID SCOTCH WHISKY JR|ik |OMN DtWA* CSo« L" pggggggESS The Ancestor of Whisky Another quality product from Hotel 405/407 Havelock Road, S'pore 3. Tel: *****1 lon Bar Where beautiful things happen come around to lon Bar for a swinging get together where The Trend. Constellations. Sonny Bala The
      294 words
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      Page 6 Advertisements Column 2
      37 6 The best place to wine and dine in the worlds fourth largest harbour ,r 'Xk f 1 I J EXECUTIVE CHEF: LEO WALDMEIER. MAITRE D'HOTEL: WILLIAM TAN. SINGAPORE HILTON 2ND FLOOR For reservations ring *****3 extn 2536
      37 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      533 6 [leisure time] FILMS: A YOUNO photographer and property-company employee called Lenzo brings trouble to the idyllic existence on one of the Bealearlc Islands of a married couple, Lea and Jacques, In a film "Lea-L'ltiver," (Lea In Winter) directed by Marc Monnet, to be shown by the French embassy and Alliance
      533 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      272 6 SINGAPORE 5 3.00 P.M. Opening followed -by An Operation in Money 3.30 Diary of Events (Tamil) 3.35 Afternoon Matinee That Kind of Woman (Part 1) Starring: Sophia Loren, Tab Hunter, Keenan Wynn, George Sanders 4.30 Intermission 6.05 Opening followed by Harold Lloyd's World of Comedy 6.30 News In Brief 0
      272 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      282 7 6 New Japanese Restaurant KIKUti serving authentic Japanese food Jtf Yikki *Tempura Shashimi *Sukiyaki *ShafxiShabu KIKU JAPANESE RESTAURANT ORCHID INN Tel *****2 214. Dunearn Road Singapore 11 HOTEL ASIA 37 Scotts Road, Singapore 9 Tel: *****8 HOTEL EQUATORIAL 429 Bukit Timah Road, Singapore 10 Tel: ***** GARDEN HOTEL 14 Balmoral
      282 words
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      Page 7 Advertisements Column 2
      70 7 ORCHID INN 214 Duncarn Road, Singapore II Tel*: *****2 HOTEL PHOENIX SINGAPORE Orchard/Somerset Roads, Singapore 9 Tel. *****6 PENINSULA HOTEL Coleman Slreel. Singapore 6 Tel: *****1 RAFFLES HOTEL 1-3 Beach Road* Singapore 7 Tel: *****1/***** U- SHANGRI-LA HOTEL ||U 22 Orange Grove Road, Singapore 10 Id' Tel: *****4 I SINGAPURA
      70 words
  • Page 7 Miscellaneous
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  • MARKET REVIEWS
    • Article
      Mixed views on the feverish momentum
      1021 8  -  r SINGAPORE By TSANG SAU YIN event which every market pundit was waiting for was realised last day when the Straits Times Industrial Index" shot pass the 400 level. The last time the index moved above this inyrk was in early 1973. Propelling the
      1,021 words
    • Article
      Lock icon Generally sluggish
      546 8 r SYDNEY Reuter STRONG gains by the uranium stocks and selected industrials brought the market to a firm close lasi Friday after a-week of generally sluggish trading. Fresh indications that the N.tfjarlek project may get an eafly go-ahead lifted Queensland Mines up 15 cents on Thursday and a
      Reuter  -  546 words
    • Article
      COMPANY NEWS for the week
      394 8  -  ENDED AUG 25 COMPILED BY VIOLET CHOW SCRIP ISSUES Malaysian Tobacco Company. Proposed bonus Issue of one-for-one capitalising M 535,100,000. OTHERS Cycle and Carriage Ltd has taken a 20 per cent stake in Pontiac Land's subsidiary which will build $70 million hotel, as part of
      394 words
    • Article
      New credit scheme could spark off competition
      575 8  -  By OUR REPORTER ONE of the UK's most powerful High Street chain store groups. Marks and Spencer, could spark a major credit war when it introduces its first ever budget account scheme in six of its London stores on Sept 1. Shoppers will
      575 words
    • Article
      Lock icon Slow, but solid advance
      291 8 r 1 TOKYO h AFP SHARE prices forged ahead in slow trading on the Tokyo Stock Market last week for the first solid advance in six weeks. The advance was due largely to the easing in the yen's exchange rate to the US dollar. Mired in
      AFP  -  291 words
    • Article
      Lock icon Eager buyers in hiding
      713 8 NYT THE stock market spent Hast week knocking on the door marked 900 on the Dow Jones industrial average, but It found few eager buyers at home. It was a week when Individual issues such as National Airlines soared on merger developments and when speculative activity
      NYT  -  713 words
    • Article
      Election prospect influences mood
      783 8  -  LONDON By GERALD COLVERD A WEEK of supposed disinterest by investors planning forward for a long holiday weekend has closed with London share prices restating a confidence in higher values. An attempt by Jobbers to shake down the recent boomlet in share values has. momentarily, failed.
      783 words
    • Article
      BUOYANT TRADING
      1067 8 K.LUMPUR ENCOURAGED by a string of favourable corporate announcements, the Kuala Lumpur stock market rebounded from an initially sluggish opening to trade briskly across a fairly broad front this week. The strong buying Interest noted from mid-week onwards sent the market soaring and the week closed on a
      1,067 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      139 8 "f] I V j b -> If; WW*A V* y VteS V Kenneth Lo Smw -< ♦.''Mflt'fcfe J* Kannath Lo, the wall-known Chin— cookory writer, Introducaa the raodor to tho tochnlquaa of CMnoao cooking, ond glvM on IntlgM Into thair unique way of oottng. Beginning with simple onedish main courses,
      139 words
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  • INTERNATIONAL STOCK MARKETS
    • Article
      Bourses end strong
      505 9 EUROPEAN MARKETS FRANKFURT share prices were mixed on Friday, dealers said. Volkswagen, which reported higher first half profits. loat SO pfennigs, while Bayer, wnicn reported lower first half profits, gained 30 pfennigs Banks were steady while most autos were lower, except Mercedes which added one mark Stores,
      505 words
    • Article
      Frankfurt
      214 9 AUG 25 Dm Aef-Telefunken Akzo Allz Leben t Allz Vers "BASF 82 10 31 40B 680 488 135 30 3.3 -20 -1 -0.3 Bay HTWbank Hay Vbank -"Bayer BBC BMW 289 331 139.40 308 226 -1 -1.9 +0.3 unch unch lassella Chem Verw C'ommerzbank K VontiGumml 395 284 230
      214 words
    • Article
      Paris
      283 9 AUG 25 Frs CORBEILLE Air-Liquide B S N Gervals 332 +7 1 hi none XJS F (Thomson,.Csf) Cte Francatse 535 300 1# 7.2 ties petroles t'ompagnle Financlere .t'ompagnie 133 1.5 Gene rale Credit Foncier De France 382 389 +9 unch Hachette (Librairie) Machines Bull Mlchelln(B) 233 48 40 1320
      283 words
    • Article
      Zurich
      185 9 AUG 25 Francs Actions Sulsses 263 •1 Alusulsse Br 1180 10 Alusulsse Reg Ml 1 Brown Boverl Br 1600 unch ClbaGelgyBr 1040 +20 ClbaGelgy PC 780 ♦5 Ctba Oelgy Reg 566 -2 Credit Suisse Br 2250 15 Credit Suisse Reg 417 +2 Eiektrowatt Br. 1890 10 George Fischer Br
      185 words
    • Article
      Amsterdam
      219 9 AUG 25 Fls ABN 374.50 1.5 Ahold 112 50 -1.3 Akzo 34 00 4-1 AMEV 87 80 4-1.3 Amfas 115 50 +2 Amrot Bunk 8110 4-1.6 Bergoss 68 50 4.5 Berk 100 00 1 Bols 77 .20 16 Borsumij 167 00 2 Burhmann 75 40 -0 2 Byenkorf 97.00
      219 words
    • Article
      Milan
      103 9 AUG 25 Lire Ante 110 -0.5 Assoc G»n ***** -30 Bastogl 680 -4 Centrale 4290 -80 Flat 1975 -10 Ftnsider 169 75 -5 25 Gen Inimob 75 25 ♦0 25 IFI Pri 2340 -10 Italcementl ***** ♦70 Italgas 813 -2 Italstder 337 -13 Magneti M PI 490 -8 Marelll
      103 words
    • Article
      Brussels
      96 9 AUG 25 Frs FORWARD MARKET Acec 399 14 Arbed 2465 -10 Astur 722 24 Brascan 499 13 Bru-Lamb 1550 unch Cunpac 646 2 Cock 466 11 De Beers 222 -S Ebes 2275 unch Electrobel 6780 +20 Ob-Inno-Bni 2300 -10 Gev 1334 -4 Hobok 2565 35 Petro 3865 -5. Ryl
      96 words
    • Article
      Jo'burg
      404 9 GOLD thorcs on Friday were Heady at the day's lower levels In hetfUnt trade ahead or the weekend. dealers said. Feature on the told board was AF Lease, moving up 70 cents to 810 on strong London buying Other golds lost up to SO cents Mining nnanciaJs followed golds
      404 words
    • Article
      Slightly lower
      397 9 I TOKYO SHARE prices closed slightly lower in mixed trading on Saturday The Tokyo Stock Exchange index closed at 420 57. up 0 14 Nippon Oil which rallied on Friday fell 25 to 614 on profit-taking Other oils and popular lost ground In sympathy with the fall Public
      397 words
    • Article
      Toronto
      370 9 THE market on Friday closed lower with 7.022.713 shares traded, the most active day since May 2 when a record 8.6 million shares changed hands. The composite Index shed more than three points with losses leading gains 219 to 218. The oil and gas index dropped 45-'» points The
      370 words
    • Article
      Enthusiasm dampened
      1127 9 NEW YORK STOCKS ended Friday with small losses In moderately active trading with analysts attributing the decline to uncertainties about President Carter's plans for resolving the problems of the dollar The D-J Industrials were down about three points, and declines outnumbered advance* by nearly eight to seven Volume
      1,127 words
    • Article
      Selected indices
      35 9 FINANCIAL TIMES INDUSTRIALS Friday 513.4 Thursday 509J Week Ago 51&9 I DOW JONES AVERAGE INDUSTRIALS Friday 895.53 Thursday 897.35 j Week Ago 896.83 i/ LONDON DOLLAR PREMIUM Friday 95 to 95% Thursday 96'ito97
      35 words
  • INTERNATIONAL COMPANY NEWS
    • Article
      Dome, Siebens in C$360m takeover deal
      621 9 f N.AMERICAN L 4 DOME Petroleum, one of Canada's largest oil and gas "production and exploration companies, and the pension fund operated by Canadian National Railways are taking over Siebens Oil and Gas in a deal which could be worth up to CS36O million
      621 words
    • Article
      Lock icon Texaco completes test
      168 9 Reuter TEXACO Inc said on Friday it completed tests on Its discovery well about 100 miles (161 km) off the coast of Atlantic City, New Jersey, and is moving its drill rig, the Odeco Ocean Victory, about l'/i miles to the west to drill a confirmation well.
      Reuter  -  168 words
    • Article
      Lock icon Clayco hopes
      66 9 Reuter CLAYCO Petroleum Corp said assay reports confirmed existence of gold bearing gravel in its 80 per cent-owned gold concession area in Liberia. The company said "while these results were preliminary in nature and based on limited investigations and samples, the results of field investigations and laboratory reports
      Reuter  -  66 words
    • Article
      California Edison
      64 9 SOUTHERN California Edison Co said it signed an air pollution tradeoff agreement with Standard Oil Co of Ohio which was needed under Federal and state law as a condition for Sohio to. construct a US$575 million* oil-receiving terminal at Long Beach. The agreement calls for Sohio to pay
      64 words
    • Article
      Lock icon AMC certain of exceeding target
      454 9 Reuter AMERICAN Motors Corp chief executive Gerald Meyers said at a preview of 1979 AMC cars that sales of the Concord Luxury Compact will exceed the company's goal of 100,000 this year. He said AMC expects to have similar success with its new "Spirit," which
      Reuter  -  454 words
    • Article
      Gulf Oil can go deeper
      274 9 GULF Oil Corp said it has been granted authority to drill its Baltimore Canyon Wildcat an. additional 2,000 feet (010 metres) to a new total depth of 18,000 feet. The decision to drill to 18,000 will be made upon evaluation of the logging programme at
      274 words
    • Article
      Lock icon Brazil picks ITT for negotiations
      169 9 Reuter INTERNATIONAL Telephone and Telegraph Corp said It was selected by the Brazilian government to enter into negotiations for a new telephone system for Sao Paulo. An ITT spokesman said the Initial talks will concern only the project's first phase, Involving 50,000 new fines and
      Reuter  -  169 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      108 9 Aladdin was a lucky chap; he only had to rub His magic lamp, a genie came to bring him lovely grub. He rubbed again when he was through. The table disappeared from view. He had no washing-up to do To-day there are no magic lamps nor genies. it is true.
      108 words
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      Page 9 Advertisements Column 2
      150 9 iv/ii: I'T'l'l'l ACCOUNTANTS, AUDITORS, COMPANY SECRETARIES,MANAGERS, ADMINISTRATORS, BANKERS, STATISTICIANS. The fast growing industrial and commercial sectors of this region are constantly looking for professional men and women to fill such challenging' and highly paid posts. J Do you have the qualification to fulfil any of these roles? If not then
      150 words
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  • COMPANY NEWS
    • Article
      UOI issue with a difference
      716 10  -  Br MANO SABNANI APPARENTLY inspired by the overwhelming response to tlje recent flotation of its finance subsidiary, the United Overseas Bank is no*f-offerlng the public five miHfon shares In its Insurance subsidiary, United Overseas Insurance (UOI). But the big difference In the current issue is
      716 words
    • Article
      DIVIDENDS ANNOUNCED
      282 10 Current payment Ex Date Books cloae Date payable Total for the year Total for previous year M Cement Island and Pen Pan Electric S. Darby Uiec Loan Stk M Tobacco Berjuntai L. Perak B. Kawat UOB Alex Hide■ BaU Paper Prod Sel Prop Highlands and Lowlands Per lis
      282 words
    • Article
      SCRIP ISSUES
      130 10 Company Particulars Ex Date Books Close *>r Sentoaa Bonus Issue of 1 for 4 Aug 30 Sept 12 Great Eastern Life Bonus Issue of 1 for 2 Sept 1 Sept 11 M Tobacco Bonus Issue of 1 for I Septa Sept 10 Maian Fmilla Bonus Issue of 1
      130 words
    • LATEST RESULTS
      • Article
        Rothmans of Pall Mall (Malaysia) Bhd
        66 10 Group pre- tax profit of MS 11.43 minion ($12.71 million) on turnover of $227.2 million ($218.2 million) for the year ended June 30, 1978. Consolidated net profit after tax and minority interests of $5.53 million ($7.03 million). Parent company pre-tax profit of $3.13 million
        66 words
      • Article
        Malayan Credit
        38 10 Unaudited group pre-tax profit of $1.9 million ($469,000) for the year ended March 31, 1978. Group after-tax loss of $597,000 (loss $2.22 million). Company pre-tax profit of $1.88 million ($262 million). After-tax profit: $760,000 ($1.3 million)
        38 words
      • Article
        Amcol Electrical Indus- tries Ltd:
        22 10 Unaudited trading loss $79,000 (loss $93,000) for six months ended June 30. Sales $2.39 million ($2.24 million).
        22 words
    • Article
      SHARE INFORMATION SERVICE
      2706 10 This Year High Low Company Lut Sale +OrGr'i DW D»*% C'*r Gr't Nat YH% P/E Val <*•»> Waak Low SECTION ONE INDUSTRIALS 272 238 172 219 260 83 276 326 218 565 500 215 348 590 154 310 1040 146 454 410 126 610 352 157 776
      2,706 words
    • Article
      CHICAGO BOARD OPTIONS
      1752 10 Aug 25 CHICAGO Board of option exchange volume on Friday decreased to 99,400 from 112,377 contracts on Thursday. OPTION OCT JAN APL STOCK Alcoa 40 71/2 UNTRD UNTRD 481/4 Alcoa 4S 31/4 4 7/8 UNTRD 481/4 Alcoa SO 11/4 21/2 33/8 481/4 Am Tel 55 8 3/4
      1,752 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      198 10 Sg 13 Pg Hz. sj 9r tt t* m UNITED OVERSEAS BANK LIMITED (INCORPORATED IN SINGAPORE) Announcement The Directors of United Overseas Bank Limited ("the Bank") are pleased to announce that agreement has been reached with certain shareholders of Singapore Finance Limited ("Singapore Finance") for the acquisition of 4,042,500 shares
      198 words
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  • MONDAY SPORTS
    • Article, Illustration
      HEAVE HO!
      39 11 THE MAN kaawa u the (trout eet athlete on the planet Vastly Alexeyev, eight timet world champioa, Olympic cold medal* at Munich and Montreal. A miaiag adaar, was bora ia Jaauary IMS la PokrovoShiakiao village, Byaaaa Begioa.
      39 words
    • Article
      Lock icon May be worth a try...
      602 11 NYT CAN professional rugby, dear to the hearts of sports fans In much of the English speaking world, succeed In the United States? Half a dozen entrepreneurs, partly financed by venture money from the English Rugby League and fortified with recognition by that association and
      NYT  -  602 words
    • Article, Illustration
      Squash tournament an informal affair
      458 11 IT SAYS a great deal for the enterprising spirit of the sponsors that the Anchor Business Houses Squash League, currently In midstage, has been designed as an 'informal' event. Essentially, it has been created to allow greater participation In a sport that is fast growing
      458 words
    • Article
      SBHFL confirms Feith Cup match date
      294 11 THE Singapore Business Houses Football League (SBHFL) confirmed last night that the revived annual Felth Cup match against the Pahang team will be played on Oct 15 as planned. According to Mr. K.S. Manlckam, SBHFL's honorary secretary, the Pahang Football Association had requested the
      294 words
    • Article
      Seletar stay on top
      1109 11  -  ■y TEO TICK WING SELETAR Golf Club put up another show of consistency to retain the top spot In the Singapore Oolf Association Premier League scoreboard. Playing at the Changl course yesterday, Seletar returned a total 228 to beat the home team by 10 strokes. Llm
      1,109 words
    • Article
      Having the right aim
      661 11  -  "r RONALD KOW SHOOTING is not really such an expensive sport but it seems to be an exclusive pursuit you cannot Just walh into some establishment whooe address you found in the yellow pngeo, pay a fee and expect to got to start firing right away.
      661 words
    • Article
      Lock icon Tennis club for senior citizens
      681 11 NYT NEW YORK: The two men on the tennis court seemed about to drop from exhaustion, yet they struggled on In the deciding third set. They were not young, but their bodies were lean. Their grey hair was plastered down with perspiration. "It's foolish for
      NYT  -  681 words
    • Article, Illustration
      Water-ski champ takes a tumble
      184 11 GERHARD Kutt, the current South-east Asian water-skiing champion, gave a special demonstration of trick skiing at the 1978 Singapore Waterski championship which was held at Beaulieu Shoal Pier at Sembawang yesterday. Gerhard who comes from Hongkong, was not in top form and took a couple
      184 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      55 11 ANDREA -m*&> a#* *r^ v.%. *1 xslfl. HH > I i l < i#i 5 11 iU ii il'i 111 .ijitiriiiilV I>l H>J. j ill P A?i 4"i> !l ji«i an ftii) i» > mr*- Mmnpp ,r «ni uymqiim *»q m li|' ih#Hl immmmmk +m*mrnmmmmMhto* m actions. 1 New tndtfltrUri
      55 words
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  • Article, Illustration
    Ford's $2.3b plan to boost fuel economy
    511 12  -  By JOHN LIM FORD OF Europe wlii spend a hefty $2.3 billion on the development of engines which will reduce both fuel consumption and gas emission. This was disclosed by Ford of Europe's director of engineering services and product development, Mr Waldemar Ebers.
    511 words
  • Article
    Lock icon Direct link with Asean secretariat
    140 12 Reuter THE European Economic -Community Secretariat in Brussels has agreed to establish direct communication with the Asean Secretariat in Jakarta aimed at promoting closer cooperation between the two regional bodies, an Asean spokesman said yesterday. The agreement was reached in the recent meeting between Asean
    Reuter  -  140 words
  • Article
    Lock icon Export target fear
    72 12 AFP A BIG shortfall In India's export target of 58,000 to 60,000 million rupees (g516.8 billion to $17.2 btHion) fixed for the current" financial year, 1978-79, Is feared, according to the English language dally, Financial Express. What was causing real concern to the Commerce Ministry, the paper
    AFP  -  72 words
  • Article
    Lock icon MARKET CAN ABSORB FURTHER GOLD SALES
    618 12 Reuter THE CARTER Administration believes the market should be able to absorb substantially larger US gold sales without difficulty, said Assistant Treasury Secretary for international affairs, Mr. Fred Bergsten. He told the Senate banking committee that so far, the sales programme Is operating smoothly
    Reuter  -  618 words
  • Article
    Luring the Europeans
    337 12 THERE should be more European conventions In Singapore over the next decade, thanks to the Singapore Tourist Promotion Board concentrating the bulk of Its promotional resources on key European cities where International bodies are headquartered. But these efforts will probably bear fruit only In the 1980s, because
    337 words
  • Article
    An exchange plan to cement Asean ties
    315 12 AN ECONOMIST has suggested that Asean should consider some kind of Colombo Plan scheme where member countries can exchange students and artists. Professor Llm Chong Yah, writing in his weekly column in the Sunday edition of the Chinese daily Sin Chew Jit Poh,
    315 words
  • Article
    Lock icon Saudis are convinced dollar can be defended
    346 12 Washington Star FINANCIAL market* may be sceptical about the US campaign to defead the dollar, but the Saudi Arabian government kaa been briefed on the programme and apparently is convinced it will work. As a result of the secret briefing, the Saudis have
    Washington Star  -  346 words
  • Article
    Lock icon PHILIPPINE MINES CASH IN ON GOLD
    110 12 Reuter THIRTEEN mining companies in the Philippines plan new gold mining projects over the next three years following the upswing in gold prices, the Philippines' Bureau of Mines said. The bureau estimated the local production cost of gold from US$l5O to 8180 (***** to
    Reuter  -  110 words
  • Article
    Chinese coup by Standard Chartered
    1023 12  -  »y GERALD COLVERD CHINA'S indications that it is willing to accept "deposits" from foreign banks to be used In fulfilling Its new international trade policies Is the result of proposals put to the Britain's economic advisers by former Tory chancellor Lord Barber last March. During
    1,023 words
  • Article, Illustration
    Answer to traffic woes
    138 12 A BRITISH company has won £7)0,000 (8(3.3 million) contract from Thailand's Ministry of the Interior for an area traffic control and intersection modernisation project for Bangkok. At the headquarters of GEC-Elliot Traffic Automation Ltd., in southern England, officials from Thailand were shown the system by Mr
    138 words
  • Article
    KL wants more Australian trade
    473 12 MALAYSIA has Impressed upon visiting Australian Special Trade Representation Minister Mr Victor Garland the need to keep trade between the two countries flowing smoothly. As a gesture Malaysian Primary Industries Minister Mr Paul Leong Khee Seong said his country Is looking forward to minimal restrictions
    473 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      56 12 Jardine Offshore announces its move to •< ai X Vv \v.v > S~A X' W 2SF«r»s"BS®HS ur?-- Af- 'm JS s» i Jurong Industrial Estate With effect from 28th August, 1978 Please address future correspondence to: 111 l Offshore Promet Pte. Ltd. lIIIH Offshore Division, 21 Pandan Road, Singapore 22.
      56 words
    • Advertisement
      Page 12 Advertisements Column 2
      85 12 fl $ou?&eadctt£ 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 Live Disco presenting 1. THE BANDIDOS Nightly non-stop music from 7.30pm to 2.00 am with charming hostesses All under one roof:
      85 words
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  • Article
    SHIPPING TIMES
    2395 13 SCHEDULE A guide to ships loading at Singapore for Ports around the World The following list tabulates, by port of damnation the name of the ship, the shipping Une involved, and the eaUmated dates bf arrival and departure from Singapore port. t C«HMtlua SeanJDuteh tu a Jtlnt r»Tier
    2,395 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      351 13 Scan Dutch V Fast and Regular Service To/ From N.C./SCAN AW. MED./U.K. Singapore: Tel. *****, Port Kelarvg: Tel. *****1. Kuala.Lumpur Tel. *****. Penang: Tel. ***** SHIPPING ICS SANKYO LINEI AUSTRALIA SERVICE P Kelang Singapore Loading for: MAYCARP 31 Aug/1 Sept 29/30 Aug ADEL. MEL. SYO PARADISE MOON ...15/16 Sept 17/18
      351 words
    • Advertisement
      Page 13 Advertisements Column 2
      429 13 SHARJAH SHIPPING CO LTD 1 •>»<• a_» j—(UNITEO tUt EMIRATES* GULF SHIPPING LINE (UNITED AMI EMIRATES) S pore P Keljnj Penjnf I njdint lor "GULF MAIESTY 2t ?9 Sepl 30/? Oct Botnbjf Owfe*/Ab« Dlubr GULFMAIESTY 12 14 No. 15 17 No. Bomtoj, D*» Abu DM» ACCEPTING CONTAINIRISEO fCt CARGO 10
      429 words
    • Advertisement
      Page 13 Advertisements Column 3
      525 13 ALFRED C. TOEPFER GMBH RTGULAR SERVICE TO MEDITERRANEAN PORTS OF ITALY. SPAIN. FRANCE S.ttfiw Mpntakene Naoin Tneste Hnxt in 4 UINOUSSIIM MAIUIN BURDEKIN SHIPPING PTY LTD REGULAR SERVICE TO ANTWERP I U K ACCEPTING THROUGH BILLS Of LADING TO MAIN U K DESTINATIONS Dischar{in( Ports P. Gudanj S port P
      525 words
    • Advertisement
      Page 13 Advertisements Column 4
      520 13 UNION BOSTON S*M UNION AUSTRALIA JO 1 Vept UNION IE DDAH 4 1 Sept AN USING IVltScpl ANHSING LINE RtfcUt« SiMl CONTAINED LINCR SERIMCE SIM P KHjni Penan| loadin{ lor 25/21 kli( leddah v\ LORD STEAMSHIP CO. S.A lAINAN STRAITS TAIWAN EXPRESS LINER SERVICE '•1 Pfnn| Kee'un| AaotlMin| SPORf P
      520 words
    • Advertisement
      Page 13 Advertisements Column 5
      67 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore: Tel. *****. Port Keiartg: Tel. *****1. Kuala Lumpur Tel. *****. Penang Tel ***** t WIJSMULLER MARINE SERVICES (F.E.) PTE. LTD. HAS AVAILABLE ON HER SEMI SUBMERSIBLE HEAVY-LIFT VESSEL "OCEAN SERVANT 1" 2000 M i DECKSPACE DEPARTURE SINGAPORE 19-9-1978
      67 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      907 14 FULLY CONTAINERISED TO EUROPE Hon(twi( Eiprm Krtjm Mjru Homoo tij Tdiy* Bar EXPRESS CONVENTIONAL TO EUROPE S pw« P KHjo| P«i Bilbao Genoa M'kurf Hammanu 5'9 30/9 23/9 2/10 Hamnwma 5 9 Holttmttin 12 9 30/9 23/9 2/10 14/9 5/10 1/10 12/10 30/ 9 17/10 29/1 C 14/10 31/10 1311
      907 words
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      Page 14 Advertisements Column 2
      468 14 barber blue seo From: US ATLANTIC US GULF 4 EAST CANADA W I TapyUv I TaiPmg I Pkinmu V— A«g2B/29 S¥Vi Oct 4/5 S*l/2 S*B/9 J**/* 1 I I I Oct 4 Oct S I 21 s 7 ,b PTBMMB 123 r-r: Tinrnna I Siena (BBS) (UC) rm Sibonga Songkla
      468 words
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      Page 14 Advertisements Column 3
      712 14 LAND U.S.A./ ASIA SERVICE ORY REFRIGERATED CONTAINER SERVICE SAW* LVERT WEDNESOAT FOR PORTS IN USA. CMAOA. CAW ME All. lAPA*. KOREA. TAIWAN, MOM KOW. TNAIIAHO AMO PMIIIPfWES DIRECT SERVICE TO MID EAST DRY/ REEFER CONTAINER SERVICE TO DUBAI, BANDAR ABBAS. DAMMAN, MUSCAT. DOHA. TEHRAN. ESFAHAN VESSEL/VOYAGE Vessel wavAUbti Arrives/Departs 7
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      Page 14 Advertisements Column 4
      909 14 Everett Lines Burma Five Star Shippmi Corpn. 1 "BURMESE NATIONAL LINE" LOADING FOR RANGOON mourn* <«•*> Mtmunmm i B.F.S.S.C. Ajents in Malaysia: TEPS MALAYSIA Port Kelang Tel (38) 7355 Penang Tel. *****/***** Compani* Argentina Da Navagscion Int•'continental S. A. C.I. F "ARGENTILw NATIONAL LINE' LOADING FOR DURBAN CAPETOWN BUENOS AIRES
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      Page 14 Advertisements Column 5
      587 14 i k i > l w i I Orient Overseas ConicjM&i Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) ORIENTAL RESEARCH 3N NEPTUNE COtAl M chevalier mm im CHEVALIER DOZE lON NEPTUNE PEARI UN NERCATOR RN ORIENTAL CHIEF IRE H.KONG CONTAINER UN Sotw LeHant Hhtr| rim Antwerp 18/9 20/9 22/9
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      1126 15 CC.L Overseas Containers Limrted HWllillllf SOmtt T» K/CMTIKIT: H-tort r«M U S'toa I'm P. Wta«c D-Mft Orta. A-aerf Havre U.K. MM EXPRESS i sapt ii«m Mint V?? err am main ihti Mt«ft aw »*•»»<» RMLMH UT 11Sa|t USapt **<* *2 KIIIHI M Sept 20 Saot *ct 21 Jet Ott 24
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      Page 15 Advertisements Column 2
      945 15 Ben Ocean AjcMt semc»cfßan and NSi4D Europe PtU"l t. Kelang Singapore OENCRUACHAH Sailed 4/ 0 Seft Ir.to*e*t, MK, Japa« BENtEARG 17 Seft IS/IS Oct Indonesia. HK. lapaa. snkapom t mint siurrm m. i». off",, KUAU LUMPL'R MM DM STEAMERS JOBO/JOOU. PORT KELANG Ml Lllll STEAMCTS JOT. pehams i nt snippiho
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      Page 15 Advertisements Column 3
      753 15 BEN LINE AV^/iVW LBE ■—MM! (VHSt I IW UTtMUn 4 Uft UIUM MT 11 Stft 11 Soft TNT* UT 2»im 22 Stft itv r*»» r*~ wUBwtW Q BEN ASIA CONTAINER SERVICE ones sruin/ma/smuTs mmimb swrw S pore P Ktlanf Penan. M *£JL ASIAN PECASUS «a uitH fwt J, ttstfi NIUOM
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      Page 15 Advertisements Column 4
      898 15 Scan Dutch V EXPRESS CONTAINER SERVICE VIA SUEZ WESTBOUND TO MED/UK/ CONTINENT/SCANDINAVIA Feeter from P. Kelang Vessel FRANCtSCi a/ Witt ELEMMA 1/ ROMICAN tIUMU 17/ Ml NOHTRUN FRANCEKA B/ WTUNBIA S pan i) Mseilles 2) Rdsn 3) Hburg 4) Cburg nil Ml a it/« nj i 11/1 n/ a a/
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      Page 15 Advertisements Column 5
      571 15 GUTHRIE BOUSTEAD AGENCIES THE BANK LINE LTD. UIK FN L t S. AFRICA (U CEBRCE (Maaritias. Reaman. Onto*. E.L.. ft. Capetown) Kuentan In Port Tod«r Sport M A*|/l Sep P. Keianf (/I hf SBSANNE SHOW Penanf P. Keianf S pore K| M. l/To«ey EXPRESS SERVICE DIRECT FROM SINGAPORE T» NEW
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      Page 16 Advertisements Column 1
      893 16 8 K LINE KAWASAKI KISEN KAISHA. LTD flltt SKI) fcj CMMNT MM to zumorx S'pore P. Kelwg Itavri H'borg Brdmai rim K»erp researcher 3t ji ut is«pt as* asjt nigt its* 2«sept MtPiHitf CflfAL 9V 13 Sevt IS Sift 3 Oct 5 Oct i vet I ict if in i
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      Page 16 Advertisements Column 2
      941 16 U.S.A. I EAST CANADA SERVICE Kctrrm FCtACt cntu»B mi mut. f uuw. sf*t to, HMtll. Nl* TtH. MffltUL. TSMNTO Pfnang Balaaeo f. Ktl»| Singapore •VISNVA TUTU" (NRSA*SCI) U/» Sw» H/aSapt IVBhft LC. 16REAT LUES SERVICE •VISUM JTVTI" (MSA SCI) »'»**< I/lUT •fails Atbtabala Pttrait. thui CAUFORffIA/PACIFIC HORTI WEST SERVICE a/n
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      Page 16 Advertisements Column 3
      1037 16 m NEPTUNE ORIENT UNES LTD •FULLY CONTAINERISED SERVICES: S port f. Mac ITtarf Brm. 31 JM« 1 Say* US* Sta* Ota* 13 Sep? ISSept 1 act S let I let as* aust M 2isept asept a act a let 21 m i let 7 let a let 27 let a
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      Page 16 Advertisements Column 4
      553 16 MALAYSIA* INTfPHATIONAL SHIPPING CORPORATION BCPMAO EXPRESS FULLY CONTAINLMSED SERVICE TO/FROM MED/UK/OON TWENT/SCANDINAVIA Mir Mag *mm 4 run 0 Mefflef BMm M Mtorg «Gkarg RWUtU IaMTtTUU 11/ t IV* lt/( M/ a/1 (iumu v a imiui it/ a/ a a a/ a »/it E lemma* it/ i t/it 7/a t/tt 12/w
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      Page 16 Advertisements Column 5
      735 16 itis* M* nu nuju win ■MUM Mil son/nu canu«x i rm p. btm pmmi It fort la<M i* upt a soft stm Ufa* 2 act muu mo ltv.—non TU HlfflM i TtAPIM-1 IWI ft-. twi/t'taN.' taA*. targ/rdwa/A'atn S'kaaipt ox/Mart* iI4K ramfM>Kf. Line' SERVICE Smpport P. felaat Laafl* tar SONNY SYBNEY
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