The Business Times, 9 September 1978
1978-09-09
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The Business Times
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Title Section11 1978-09-09 1 BUSINESS TIMES M.C.(P) No. 218/1/78 SATURDAY, SEPTEMBER 9, 1978 50 CENTS11 words
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BRIEFLY...
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Article83 1978-09-09 1 AP TOKYO, Frl. Japan's bankruptcies eased off last month at 1,255 (2.9 per cent less than July), the ninth consecutive monthly drop, as corporations benefited from Increased government spendlngs and lower Interest rates, according to a corporate credit researcher for the Tokyobased Telkoku Koshlnjo. The biggest firm whichAP - 83 words
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Article73 1978-09-09 1 AFP KUALA LUMPUR, Frl.»- A top-level trade mission will leave for the United States and Canada on Monday on a 26-day export promotion tour. The mission, to be led by the director of international trade, Enclk Sabbaruddln Chlk, will vl?it New York, Dallas, Chicago, Montreal and Toronto.AFP - 73 words
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Article86 1978-09-09 1 UPI TOKYO, Fri. Japan's export contracts certified in August totalled U558,557 billion (Ssl9 billion), up by 21.4 per cent over the same month last year, the Ministry of International Trade and Industry reported today. In yen terms, the contracts were valued at 1.745 trillion yen, down by 7.3UPI - 86 words
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Article82 1978-09-09 1 Reuter HONGKONG, Fri. Financial Secretary, Mr. Philip Haddon-Cave, has painted an optimistic picture of the prospects for Hongkong's economy over the balance of this year. "For the time being we continue to prosper," he told security analysts here in a wide-ranging mid-term assessment of the economy. He revisedReuter - 82 words
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Article64 1978-09-09 1 Reuter MANILA, Frl. Japanese Minister for International Trade and Industry Toshio Kohmoto said today his country Is increasing Its efforts to expand trade with Asean. Mr. Kohmoto said on the eve of his departure for home that Japan is undertaking seminars, reduction of tariffs on tropical, agricultural andReuter - 64 words
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Article80 1978-09-09 1 AFP TOKYO, Frl. Japan's economic recovery Is being adversely affected by the higher value of the yen, which makes Japanese exports more expensive and less rewarding, a government economic report warned today. The report by the Economic Planning Agency said business continued to pick up, helped mainlyAFP - 80 words
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Article86 1978-09-09 1 UPI NEW YORK, Frl. Cheering news on the inflation and dollar fronts helped move stock prices broadly and sharply higher In early trading today. Turnover was active. The Labour Department had reported that wholesale prices declined a tenth of a percentage point during August, the first drop inUPI - 86 words
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Chief Price Changes
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Article129 1978-09-09 1 Rises Most active Nat Iron OUB Public Bank OCBC Vf f| r y 670 +50 Haw Par 853,000 454 336 1090 +30 +24 +20 PahancCona Faber Merlin Inchcape 480,000 389,000 326.000 in Diweriw Magnum Corps 655 410 +20 +20 Harimau 302,000 Total Turnover: 12.26 m Olympia 218129 words
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Article, Illustration174 1978-09-09 1 Rises Most active SEA Corp 8.05 1.25 Haw Par 955,000 OCBC 11.40 +.40 S Darby 716,000 NIron 6.65 .35 Inchcape 560,000 DBS 5.20 .28 Pahane Cons 579.000 Magnum Corp Olympia M Banking 4.32 2.17 5.95 .24 .22 .20 Total Turnover: 10.56 m Total Values: MS28.13 m F174 words
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Article, Illustration603 1978-09-09 1 SOH TIANG KENG - HARD LUCK FOR ASIAN RIVALS By SOH TIANG KENG SINGAPORE'S current Inflation rate Is the highest in three years. But there Is no cause for alarm as the price Increase here Is among the lowest tn the world. Latest figures from the International Monetary Fund show603 words
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Article192 1978-09-09 1 A HIGH-powered team of Japanese industrialists will visit Singapore next month to see how Japanese Investments here can be increased further. The team, flying in from Kuala Lumpur, will stay here from Oct 5 to 8. The visit will be part of the mission's Asean tour.192 words
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517 1978-09-09 1 Reuter AP TOP US Administration officials on Thursday sought to win trades unions' support for a new antlinflation programme that will likely rely on specific wage and price guidelines. However, union officials rebuffed the concept of limiting the size of negotiated wageReuter; AP - 517 words
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196 1978-09-09 1 Reuter JAPAN'S International Trade and Industry Minister Toshio Kohmoto, will leave for Peking on Monday for talks to increase trade and economic cooperation. He will be the first Japanese leader to visit the Chinese capital since the two countries signed a Peace and FriendshipReuter - 196 words
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233 1978-09-09 1 COLIN CHEE - ly COLIN CHEE TWO LOANS valued at 5132 ■HUM for Thailand have bmm put together la Singapore. One is a syndicated loan for UB|« million (8913.6 million) and the other la a straight loan of IS million Dutch guilders (SfIS.S million). They233 words
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593 1978-09-09 1 QUEK PECK LIM - •y QUEK PECK LIM INTEREST shown by the US Exim Bank and other institutions In the Asean industrial projects may finally provide the answers to questions raised recently regarding the viability of the projects. They will focus attention on the feasibility studies that593 words
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Page 1 Advertisements
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Advertisement12 1978-09-09 1 I:\vivtt l ines lAMCKOK NOHMO mjsam. sahmh TO JA# AM J I12 words
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Advertisement11 1978-09-09 1 Samson ite creates OMEGA 4 331 m m *B*Samsonite Eastern Agencies11 words
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Advertisement65 1978-09-09 1 SEE BACK PAGE Col. 1 MORE to be* trained ia SLUMP fails to tain the wiadi out of Lloyds' talk WHAT arioo for the WEBT Asia laod Job seeker* HUME profits Jump PRIMA is back ea reeorvy ANNUAL ropert.eea to all listed PHILIPS wins yet CROBBWORD6 S. MEMOPAD 2, AIRCRAFT65 words
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Advertisement224 1978-09-09 1 Hapag-Lloyd S" I ■§■<> ~j, **w -%•>» din t*v i Slip* Is Indonesia's Oil Boom Over? The latest issue of the ASEAN Business Quarterly is full of interest for the businessman (or woman) who wishes to understand, in easy-to-read language, the realities of the AsEAN economies in relation to the224 words
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TRADE AND INDUSTRY
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553 1978-09-09 2 JOHN LIM - By JOHN LIM ANOTHER 1.000 trainees will be taken In by the Housing and Development Board next year under the new Joint Construction Trades Training Scheme run by the board, the Public Works Department and the Industrial Training Board. In order to meet553 words
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260 1978-09-09 2 AFP NIPPON Koei Company Limited of Japan signed a contract yesterday with the Sabah Electricity Board (SEB) to supervise the construction of the MS2SO- Tenom-Pangi hydro-power scheme near the Sarawak border. SEB chairman Halik Zaman and Nippon Koei regional director for Southeast Asia,AFP - 260 words
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Article, Illustration52 1978-09-09 2 THE SINGAPORE National Shippers Council held its first management meeting recently, and the following office-bearers were elected: Chairman: Mr. Sia Yong (above); vice-chairmen: Mr. Fu Wa Chu and Mr. Michael Yeo; Establishment and finance: Mr. Ong Stone Kai: membership and publicity: Mr. Oh Choon Siowtfrelght: Mr. Llm52 words
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Article, Illustration239 1978-09-09 2 AN AUSTRALIAN participant in the Asian Automotive and Accessories Exhibition to be held from Sept 21 to 24, Winch Indue trie* Ltd, will show the latest in winches to i four-wheel drive cars, lorries, semitrailers and tractors. On show will be a ranee of bare239 words
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Article98 1978-09-09 2 VISITORS to the recently ended 10-day Singapore Book Fair spent an estimated $250,000 on book purchases. The fair, held at the Hyatt Hotel, also generated additional orders worth another $250,000 from educational institutions, booksellers and Individuals, said Mr N.T.S. Chopra, executive secretary of the book fair98 words
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Article207 1978-09-09 2 UPI PRESIDENT Marcos formally opened South-east Asia's first currency printing plant and gold refinery In Manila. The 222 million pesos (Ss7o million) security printing plant, mint and gold refinery complex will produce the nation's bank notes and coins, and to envisioned to become a regionalUPI - 207 words
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345 1978-09-09 2 AFP A HIOH-powered Malaysian timber technical mission Is leaving for Japan today to secure a bigger market for plywood and other wood-based products. The 25-member mission, led by the chairman of the Malaysian Timber Industry Board, Enclk Abdul Majld Shahld, will comprise representativesAFP - 345 words
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Article393 1978-09-09 2 THE REVIVED Importance of railway development especially In developing countries In the wake of the energy crisis will be the focus of discussions at a seminar to be held In Kuala Lumpur next week. More than 100 experts from 14 countries will take part.393 words
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Article, Illustration308 1978-09-09 2 THREE principal* of aa Australian product consulting organisation, Australian AppUsd Rwarch Centre (AARC), are in Singapore to diacuoo with local companies the development and commeroialioation of now products for both the local and export markets. The principal* are Mr. Tony Flecknoe-Brown, Mr. Richard LawSmith and Mr.308 words
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Article395 1978-09-09 2 COURSES AND TALKS Sept l-Oct 6: A practical approach to computerised mgt Information system (MIS), SIM, SIM Sept 2-16: The effective secretary, SIM, SIM Sept 5-21: Compensation and fringe benefits, Holiday Inn, P.O.D. Sept 11: Improving office efficiency, University of S'pore, same. Sept 11 12: Reinsurance (Treaty) Accounting395 words
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Page 2 Advertisements
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Advertisement211 1978-09-09 2 Singapore Finance Limited Following the announcements by Hong Leong Finance Limited, United Overseas Bank Limited and the Company, the Board of Directors of Singapore Finance Limited announce that they have appointed Jardine Fleming (Singapore) Pte. Limited and Baring Sanwa Limited to advise on the offers to be made for the211 words
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Page 2 Miscellaneous
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Miscellaneous617 1978-09-09 2 CRYPTIC PUZZLE ACROSS 1 Sticks tabs on, possibly (6) 7 Stories of current gentry (8) 8 A ltd design by an artist (4) 10 Invented Tor cash? (6) 11 It's clothing, so tear It to shreds (6) 14 Encourage a noted horse! (3) 16 Parts with a distracted loser (5)617 words
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OVERSEAS
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557 1978-09-09 3 Agencies US NATIONAL Science Foundation scientists said In Washington they have found evidence that a major oil field may He In the eastern Atlantic Ocean, off north-west Africa. However, because of the depth of the water there, It is unlikely that theAgencies - 557 words
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Article298 1978-09-09 3 AMERICAN business plans to spend U*****.5 billion (Ss3so billion) on capital investment this year, $1.5 billion more than the amount estimated last spring, the Commerce Department said. However, Inflation.worse than expected, will reduce the real gain after adjustment for price increases to 5 per cent298 words
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Article121 1978-09-09 3 TRAMS In Melbourne, Australia were back on the rails yesterday after conductress Barbara Biggs, 21, who caused the trouble, accepted a new clerical Job in the Transport Ministry. After accepting the new Job. Miss Biggs admitted that she had been on drug charges in Guam, had been121 words
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Article, Illustration224 1978-09-09 3 FARMERS ploughing their land in the aouth-weat of A ua trails are on the lookout for one of two known epedes of underground orchid the Rhizanthella gardneri, a rarely teen orchid. A farmer found the first a pec im en in 1928 while clearing land for pasture near224 words
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257 1978-09-09 3 EEC Commission vicepresident Franc ois-Xa viec Ortoli ls> convinced that governments of the Economic Community will make a decision by the end of this year on the proposed new European Monetary System (EMS), a Commission spokesman said. Common Market heads of government257 words
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WORLD IN BRIEF
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Article531 1978-09-09 3 Agencies THE Asian Development Bank approved on Thursday a US$lB million (Ss4l million) loan to Indonesia and a $49 million loan to the Philippines. The loan to Indonesia, accompanied by a $150,000 technical assistance grant, is for construction of Irrigation and related facilities on aboutAgencies - 531 words
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1014 1978-09-09 3 TOP PRIORITY FOR INFLATION Reuter THE BRITISH government should hold public spending at Its current level In real terms over the next four years to permit tax cuts and stimulate growth, the Confederation of British Industry (CBI) said. This Is the key element inReuter - 1,014 words
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668 1978-09-09 3 Washington Star AMERICANS considering short-term profits have virtually given away basic technical knowledge that foreign nations now are using as an economic weapon which reduces American jobs, industrial production and living standards. According to two businessmen, James Horgen, director of the Near East Development Group,Washington Star - 668 words
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Article60 1978-09-09 3 THE US House of Representative* handed President Carter a narrow but symbolically important energy victory on Thursday, by allow* ing him to impoee import fees on foreign oil. On a 201-10-194 vote, the house rejected a motion that would have instructed House negotiators to go along60 words
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Article750 1978-09-09 3 AFP AP AUSTRALIA Is now In the midst of an economic paradox of rising share prices and Increasing unemployment. Australian stock exchanges, especially Sydney and Melbourne, have been stimulated by Investment from overseas, chiefly from London and Zurich. Swiss investors, especially Swiss banks, have beenAFP; AP - 750 words
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192 1978-09-09 3 Reuter US Senator William Proxmlre Introduced legislation to require all commercial banks over a certain size to maintain reserves at the Federal Reserve. Under the proposed legislation, a bank would be required to keep reserves with the Fed if Its demand and savingsReuter - 192 words
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Article120 1978-09-09 3 UPI REPRESENTATIVES of the 10 richest noncommunist nations met yesterday for a one-day review of the world monetary markets. The meeting at the Paris branch office of the International Monetary Fund was part of numerous Western monetary conferences held before the coming annual session of theUPI - 120 words
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Article429 1978-09-09 3 Reuter THE DECLINE in US narrowly defined money supply reported on Thursday should enable the Federal Reserve tb maintain a stable monetary policy over the near-term. New York Federal Reserve Bank said Ml fell by US$l.B billion (554.14 billion) In the week ended Auk 30, markingReuter - 429 words
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Page 3 Advertisements
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Advertisement193 1978-09-09 3 I t? I I a g L i *> V] > 1 x *fc»y LA^il M I AW, Srji JW ub i JP =fi £fcfc& <r ife*. rTTTT i T Leave your convention problems to us. Let us take some of the load off your shoulders. Consider OUR LOCATION just193 words
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RAW MATERIALS
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Article490 1978-09-09 4 THE SINGAPORE rubber market yesterday closed higher with September One RSS buyer quoted at 242.00 cents per kilo, up 1.50 cents on Thursday's close. The morning session Bined one cent on specuive buying, forward inquiries and China's acceptances of RSS One, Two and Three, dealers said.490 words
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Article315 1978-09-09 4 Prices in cents per kilo yesterday: Noon (per kilo) Close (per kilo) Int. 1 R.S.S. prompt f o b Int. 1 R.S.S. September Int. 1 R.S.S. October Int. 2 R.S.S. UK/Cont Int. 3 R.S.S. UK/Cont. Int. 4 R.S.S. UK/Cont. Int. 5 R.S.S. UK/Cont Buyers 240.50 241.00 244 25315 words
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Article101 1978-09-09 4 NOON SSR and SMR prices yesterday Septra iber October HAS (Current Mlh) (Forward Mth) Buyer« Seller* Buyer* Seller* (coat* par kf) (cent* per kf 1 SSR 20 (1-ton pallet) 217.00 219 00N 218.00 220.OON SSR 50 (1-ton pallet) 215.00 217 OON 216.00 218.OON M.R.E.L.B. October November SMR5CV101 words
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Article201 1978-09-09 4 CHICAGO soybean futures on Thursday lost early gains and closed mixed after a flurry of local selling near the close. Futures ended at or near lows, 1-3/4 to 3/4 US cents a bushel higher In near months but of 1/2 to 2-1/2 cents in deferreds. Traders said locals liquidated201 words
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Article180 1978-09-09 4 WHEAT futures finished up 1-1/2 to 2-1/2 US cents a bushel, with traders citing technical reasons for most of the advance, in Chicago on Thursday. A feature of the last hour of trade was renewed buying by a commercial firm that was a heavy buyer on Wednesday both in180 words
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Article29 1978-09-09 4 Rubber: Sept 8 Singapore: Sept 242.00 cents (up 1.50 cents) Malaysia: Oct 250.00 cents (up 1.75 cents) Tin: MS 1,840 (up $10) Turnover: 282 tonnes(up 67 tonnes)29 words
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Article232 1978-09-09 4 SUGAR futures closed £3.90 to C 2.80 per tonne higher and turnover totalled 4,979 lots in London on Thursday. The market steadied in early afternoon on trade reports that F.O. Licht had estimated 1978/79 European sugar production at 29.04 million tonnes. This was lower than some market sources had232 words
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Article54 1978-09-09 4 ZINC was down mostly £2.5 per tonne in London yesterday. The metal gave ground under tired long liquidation and some chart selling partly induced by expectations of a small Increase in stocks this week. Three Months traded down to £332 but losses were pared by short-covering near the close.54 words
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Article332 1978-09-09 4 THE SINGAPORE produce market closed firm yesterday. Loose copra took a rise of $2.00 per picul with support from the overseas edible oil market. Philippine coconut copra, for Instance, edged higher on reports of possible delay of shipments. Pepper sentiment continued to Improve and went up another $2.50332 words
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Article387 1978-09-09 4 THE sugar market yesterday closed little changed in quiet trading, with 12 lots traded against 27 on Thursday. The market opened about 0.25 US cents lower on com-mission-house long liquidation, but trade-house demand stemmed the decline and prices recovered to the previous closing level, dealers said. The Hongkong387 words
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Article425 1978-09-09 4 ROBUSTA futures in London yesterday were lightly traded during the opening session and ended £6 down to £1 up from Thursday in sales of 179 lots. The market tone was steady. Values Initially declined by around £9 before recovering slightly to stand near to overnight closing 1 levels. Dealers425 words
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Article122 1978-09-09 4 BANGKOK rice prices were quoted as follows yesterday: (In US dollars per tonne FO B basis Bangkok) Whiu Rice: 100 pet Ist class 397.100 pet 2nd class 382 lOOpct 3rd class 77. Spct 372. 10 pey347. 15 pet 342. 20 pet 342. 29 pet 327. 33 pet unq Brokaa:122 words
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272 1978-09-09 4 THIS week's rubber trading and volume were affected by the Harl Raya holiday on Monday, which In Malaysia was extended up to Wednesday. The market however during the shortened period staged a recovery of 2-1/2 cents per kilo on balance for September,272 words
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Article349 1978-09-09 4 THE 8 TRAITS tin price in Penang yesterday rose M*lo to 51.840 per plcul The market firmed on renewed buying demand from the UB. Eastern Europe and local operators, encouraged by the steadier conditions in London the day before, dealers said. Rationing was about 20 per cent and349 words
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Article217 1978-09-09 4 THE Hongkong silver market yesterday closed at HK5261.00 sellers per 10 ounces against Thursday's HK5264.00 in continued quiet and thin trading, dealers said. No trades were recorded, the same as Thursday, while the day's fbeing price eased $3 to HK5261.00. On Thursday, silver on the LME was down 1.8217 words
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Article167 1978-09-09 4 COCOA futures closed £45 to C 53 per tonne higher and turnover totalled 7,454 lots In London on Thursday. Dealers said the market was firmer on commissionhouse buying based on a chaxt consideration and trade covering prompted by the fundamental background which was highlighted recently by reduced prospects for167 words
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Article48 1978-09-09 4 LEAD closed the ring mostly £3 higher In London yesterday. The market found tradecovering support which took Three Months to £345 and cash to £339 per tonne. The trend was aided by copper and expectations of a moderate fall in stocks this week. Turnover was 2,750 tonnes.48 words
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Article429 1978-09-09 4 COPPER wlrebars in London yesterday finished the morning up C 4.25 for cash and C 2.5 for Three Months. Dealers said prices were given a boost initially by covering prompted by expectations of' a further sizeable decline in LME stocks this week and the continuing unresolved Peruvian miners' strike429 words
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Article77 1978-09-09 4 C.I.P. North European porta. In US dollars p LONDON: er ton unless otherwise Malaysian 5* ffs bulk per tonne November 610 air Sumatra S* ffa bulk September 645 rvi October S20 pd November 600 pd December MOpd January unch Nigeria 5H ffa bulk stf unq Previews 566 sir77 words
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Article526 1978-09-09 4 THE KILOBAR in Singapore yesterday opened at 5515.186 and closed at $15,125. Prices were generally down from opening with the highest at opening and lowest at closing. Trading was light. Spot gold for London delivery opened at U*****.30/.90 per troy ounce and closed at U*****.80/ 208.20. Prices were erratic526 words
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MONEY AND EXCHANGES
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Article521 1978-09-09 4 THE US dollar opened stronger against major currencies In foreign exchange markets yesterday but lost ground during London trading. Opening at 192.50/60 against the yen, the US currency weakened more than a yen by London opening to 191.00/10. Early hours of London trading saw It recover to 191.60/70.521 words
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Article194 1978-09-09 4 Asian CD rates ASIAN currency deposit Interbank rates as at close on Sept 8: U8 Nkn (Spot) Offer BM 7 days 1 mth 2 mths 3 mths 6 mths mths 12 mths 11/10 8 13/16 8 7/B #3/1# 91/4 ..91/4 Tn. (Middle 97/16 99/16 911/19 93/4 91/19 91/9 9 1/9194 words
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Article21 1978-09-09 4 THE avm|c rate at which Singapore banks an currently prepared to lend to their beet customer* is 7.25 per cent.21 words
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Article43 1978-09-09 4 RANOE of prices offered by discount houses on Sept Overnight 2* to 3S% Call deposit* 3SS CMa( Bvyiac 3-month Treasury blltt it/It 17/11 J-month Bank bUU <3/1 61/4 3- month CD «3/« 6V» 6-month CD 611/16 611/16 Source: National Discount Co Ltd43 words
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Article83 1978-09-09 4 Euro rates LONDON Eurodollar rates yesterday were mostly un- changed in' light opening trading reflecting uncer- talnty over the course of US Interest rates following news on Thursday of an unexpected fall in U8 M-l money supply, dealers said. Eurodollar dapoaiu opening quota* Es?u*eai>d Tuaa/ Wad aw. S% Sevan dayi83 words
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Article298 1978-09-09 4 THE dollar yesterday registered sharp gains from overnight levels In fairly active opening trading, fluctuating narrowly around two marks and 1.63 Swiss francs. Most dealers cited continued reaction to US Treasury Secretary Michael Blumenthal's statement on Wednesday that the US plans further dollar support measures. The unexpected US$l.B billion298 words
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Article230 1978-09-09 4 THE DOLLAR closed with modest gains against major currencies In moderate activity on Thursday. It opened firmer, reflecting the higher levels In European trading and in most cases extended these gains in late afternoon after faltering briefly at midsession. The afternoon recovery in the dollar was aided by230 words
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Article140 1978-09-09 4 THE US dollar for overnight delivery yesterday closed at 191.00 yen, down from a 192.20 opening but up from 190.95 at Thursday's close after rising briefly to 192.80 in early trading. Trading volume was a fairly active US$55l million. The dollar fell In light late trading on sustained export140 words
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Article99 1978-09-09 4 NERVOUSNESB moved iiito yesterday's trading after the European opening with dealers very active trying to turn round positions quickly. Dealers said the market mood Is still towards a softer US dollar but the outcome of the Middle East meeting, backgrounded by possible energy developments Is leading to uncertainty. The99 words
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Article50 1978-09-09 4 RESULTS of tender held yesterday for 91-day Treasury bills to be Issued from Sept 11 to Sept IS. Oflhr t OO,000,009 AaaMad Allotted t 170.460,000 920 000 000 A 1 Ml ooo.'is •UraiW; approzlmat higher btda in full Awtfi nH of INHM o® alkocm ■M IJN% pa50 words
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Page 4 Advertisements
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Advertisement187 1978-09-09 4 B HOTEL MERLIN SINGAPORE LTD I inco"PO"*T(O IN TH( REPUBLIC of SINGAPORE J invites suitably qualified applicants for the post of ->:> a-JZe J7,M? F.y 3 The person we seek should have the following pre-requisites 1. Age should preferably be over 30. 2. Should possess a diploma from a recognised187 words
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TRANSPORT
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957 1978-09-09 5 PROFITS SOAR TO $614 M NYT AMID the deepening recession in the world shipping industry, Lloyds of London reported on Thursday record profits of US$273 million (about Ss6l4 million), for the 1975 financial year. The result confounded many observers who believed thatNYT - 957 words
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Article167 1978-09-09 5 Reuter THE emerging competitiveness of West European shipbuilders as a result of rising prices from Japanese yards due to the appreciation of the yen will nave minimal effect on the world shipbuilding market, London's shipbroking sources said They noted that the depressed state of the tankerReuter - 167 words
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Article33 1978-09-09 5 THE US Civil Aeronautics Board granted temporary authority for new Pacific flights to three airlines. The board said Continental and Northwest can begin service between Honolulu. Guam, Okinawa and Taipeh.33 words
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Article, Illustration447 1978-09-09 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bencruachan (1200 after Kasuga) 42/43 Da Bai Shu (after Vishva Jyoti) 45 Keiyo Maru (after Tenko Maru) 33/34 50 Let Sovetskoy Ukrainy (after Emma Bakke) 47 Lumut (1300 after Rajah Brooke) 21 East Nedlloyd Napier (0600 after Jintsu Maru) 3/4 Sea Trader447 words
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311 1978-09-09 5 Reuter THE NORWEGIAN shipping industry should try primarily to maintain those of its activities which can stand Norway's high cost. Shipping broker Joachim Grieg OG Company said in its latest monthly report that such activities would include marketing, technical advice, insurance and banking,Reuter - 311 words
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Article203 1978-09-09 5 UPI SHRINKAGE of time-char ter business offset an increased reporting of fixtures on the North American grain voyages. A feature of US Gulf grain operations Is a further improvement in payments to small units working the Japan trade. The Van Hawk achieved US$22 (FIO) for a 17.141-ton mid-SeptemberUPI - 203 words
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Article100 1978-09-09 5 AFP THAILAND'S national airline, Thai International, Btans8 tans to begin trans-Paclflc to the United States in ApNl, 1980, the Bangkok Post dally reported yesterday. Quoting the airline's president Air Marshal Choo Sathlchotl, the newspaper said the firm planned to operate three flights a week at theAFP - 100 words
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620 1978-09-09 5 Agencies PAN American World Airways will have to wait until the end of March for a final decision on whether It can buy the major US domestic National Airlines. In sweeping changes to boost its financial position, PanAm said It wouldAgencies - 620 words
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Article690 1978-09-09 5 ARRIVALS Service Local I Operator Number Time From CAL CI 333 0040 TPE/HKG/KUL MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQ10I 0615 KUL MAS MH621 0840 PEN MAS MH607 0645 KUL MAS MH671 0945 PEN/KUL CPA CX710 1005 HLP CAL CI814 1000 HLP RBA BI323690 words
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Page 5 Advertisements
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Advertisement237 1978-09-09 5 IB When this anthology of 36 lively stories from The Asian Wall Street Journal was first published in February, it sold out in a matter of weeks. And no wonder. It's a book the Far Eastern Economic Review called "compulsory reading... a kaleidoscope of the many facets of Asia." Now237 words
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649 1978-09-09 6 A JOINT trading scheme among statutory boards appears to be as good a way as any to tackle the shortage of skills In the construction trade. Any concerted effort to make good use of our youth, to catch them at an early enough age649 words
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Article, Illustration1956 1978-09-09 6 SIVA ARASU - By SIVA ARASU A BITTER and fascinating debate has been taking place for the past few months in Singapore but It has gone almost unnoticed outside the tourism industry. This is not altogether surprising although travel is usually a popular topic for the1,956 words
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Page 6 Advertisements
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Advertisement309 1978-09-09 6 \lßk v Ml! I IK i all mi:; iff 1 r>y E'i i ?S' > Dfuvfinius TttffnscinflTioris o tv-s* t soul sogers fron- Nejv Zedlanc ['A« VANIUS THE FASCINATIONS Tn t 4c 1 roA here to fascinate .v.thtneir elect-.»v.nq JP«rk Hotel Royal-RAMAM Newton Road. Singapore 11. Republic of Singapore. Telephone:309 words
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Page 6 Miscellaneous
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Miscellaneous60 1978-09-09 6 OUTLOOK for Singapore from 6 a.m. to noon today: Mainly fair. Report for 24 hours prior to 7.30 pm on Sept. 8 at the airport: Maximum Temperature 28.2° C Associated Humidity 79 Minimum Temperature 22.8° C Associated Humidity 98 Hours of Sunshine 0.00 Rainfall in Millimetres 3.90 Total Rainfall for60 words
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Miscellaneous305 1978-09-09 6 iTflfßO SINGAPORE 5 1.00 PM Opening announcements followed by Sesame Street 1.55 Classic Keystone Comedy Capers 2.20 Saturday Matinee Short Cut To Hell Starring: Robert Ivers, William Bishop, Georgann Johnson, Jacques Aubuchon 3.45 Fish Fish's Job 0 4.10 40th SAAA Opening International Track and Field Meet (English) 5.10 Sandiwara Angin305 words
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Article, Illustration726 1978-09-09 7 ROBERT LINDSEY - By ROBERT LINDSEY NYT CONVINCED that a teed the size of a peanut can do the work of a whale, businessmen, farmers and agricultural scientists in the United States have enlisted in a curious oil rash in the bleak deserts ofNYT - 726 words
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Article, Illustration1049 1978-09-09 7 K.K. SHARMA; K.K. SHARMA - West Asia is the magnet drawing workers from all over Asia workers with dreams of striking paper oil. Singapore, Thailand and now India provide labour for the burgeoning development of this area. K.K. SHARMA reports. K.K. SHARMA K.K. SHARMA FTFT - 1,049 words
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Article, Illustration301 1978-09-09 7 THE SAD old curator at Washington's national zoo, William Xanten, Is entertaining his same sad delusions again about HslngHslng and Ling-Ling. He thinks Ling-Ling may be pregnant, although he never saw her mate, and she shows no sign of pregnancy or of stress resulting from pregnancy.301 words
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988 1978-09-09 7 FRANCOISE DUMOUSSAUD - [FORUM r i •••On investment ■y FRANCOISE DUMOUSSAUD ANALYSIS of trade figures for the first six months of this year (see Forum Business Times Aug 18 and Aug 25) has shown that Singapore exports have Increased at a slower rate than they did in988 words
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Page 7 Advertisements
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Advertisement344 1978-09-09 7 v a i n. LriM New Japanese Restaurant KIKU^I serving authentic Japanese food leppan Yikki Temf xira Shashimi *Sukivaki *ShabuShabu KIKU JAPANESE RESTAURANT ORCHID INN Tel *****2 214. Dunearn Road Singapure 11 fOUI. TERRt &SHKER Come, listen to the soothing sounds of Tony, Terry and Spencer at the Imperial Bar344 words
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Page 7 Miscellaneous
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Miscellaneous79 1978-09-09 7 BliStdW'rKmciLDictens GOOD G>, m\SS SOHT^tt. I'D UKe TO SffeßK TblMtvieu) G\RL... cniSS COLUNGS, I HR\t sorf*: coßßesftoNDeMcc ne«e fbR GUK P«ND Fpvmes PvND I'D Lllct MO<j TD MRNJDLE. IT Gurt fIfZESeNT R CVARu£.H&e \'m KCST veßw FRST vm RFRPuD I OsILV STptCTtD HCfie rrpgNiNG -*s— &XBCTLV... RND "iHPiTS\ uiHv rvc79 words
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INTERNATIONAL STOCK MARKETS
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Article299 1978-09-09 8 SEPT r Rand INDUSTRIALS A Alpha 130B Abercom 210 unch AE And CI 330 unci) AMIC 1000 unci) Barlows 432 -I 500 -5 Cf Sugar CMA 200 unch Currte Finance De Beers Ind Ed con M 1230 270 3150B ♦50 Evcrfidy 200 Fed Volk 185 -5 Fuglt 96 4-2299 words
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Article375 1978-09-09 8 EUROPEAN MARKETS PARIS firmed In favourable response to the budget on Thursday. Most of the budgetary measures had been predicted, but the market was reassured there were no changes that would penalise shareholders or companies. The firm tone on Watt Street and the steadier dollar also encouraged375 words
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Article260 1978-09-09 8 SEPT 07 Frs CORBEILLE Alr-Liqulde 330 5 9 B S N Gervals Danone 532 4-2 CS F (Thomson Csf> 2M 11 Cle Franca lse des Petrolei 129.20 +1.5 Compagnle Financier* Compagnle Generale 340 +12 Credit Fonder De France 388.90 1 Hachette (Llbrairle) 232 80 +7.3 Machines Bull 51.10 +2.9260 words
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Article206 1978-09-09 8 SEPT 87 Dm Aef-Telefunken 81.90 +0.9 Akzo 31.70B -0.3 AUzI«ben 877 +2 Alii Vers 497 1 BASF 140 unch Bay H T Wbank 290 1 Bay V bank 328B mm Bayer 142 30 ♦0.2 BBC 309 +0.5 BMW 225.50 +0.4 Cassella mm Chem Verw 239 50 +2 Commerxbank 230206 words
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Article90 1978-09-09 8 Ante 115 -4.75 Aaaoc Oen Bastofl Centr&le Flat ***** #83 4980 2188 +880 28 4186 +98 Flnslder 187 +7 Oen Immob 78 +0 5 Ilil 2485 +70 ***** +515 Ilalpu too +4 IUUIder 308 10 MacnetlMPf 488 50 +5.5 VUrelllErc 361 +4 Med lob ***** +800 Mlralanza ***** +88590 words
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Article150 1978-09-09 8 8 KPT 07 ActionsSuImm AlusulsseBr Alusulsse Ref Brown Down Br. Clba Oelfj Br ClbaOelfy PC ate Oetfy Ret Credit Suisse Br Credit Suisse Ref ElektrowattBr. Oeorfe Fischer Br Globus Pc Hero Br Hoffman-La Rochel/10 Holder bank Br Intcrfood Br Jelmoll Br Francs 268 unch lias -9 ST -3 1606150 words
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Article174 1978-09-09 8 SEPT 07 ru ♦A ABN Ahold Akao AMEV Amfa* Amrot Bank BT..:::::::: Bote Bortumlj Burhmann Byenkorf Calve Delft Dell M1J Ennia Fokker Fbrd Oamma Odder OUlbroc Oobain Hasemejrer Heineken Holland-Am Hoofovenj Hundou HVA Intn Muller KLM KNSM Meneba MM bank Naarden National Ned Ned Scheepvaart OceOrlnten Ofem Ommeren Otra174 words
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Article239 1978-09-09 8 SETT OT m FORWARD MARKET Acfc 410 unch ArtMd 2390 -19 Astur 100 +2 Bra-Lamb I960 +10 Canpac 9M -4 Cock 470 +6 Dt Been 230 -3 Ebet 2209 +9 Elcctrobei 8M0 unch Ob-Inno-Bm 2300 +10 Oev 1330 Hobok 2510 Petro 3005 -30 Ryl Dutch 3000 -10 SMro 730239 words
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Article157 1978-09-09 8 THI MARKET ctoeed higher In busy tiadlng on Thursday. The composite Index wu up more Uian one point and gains led losses 264 to 214. The paper Index rose more Man 19 points with Price Co up one to ISW and ConsolidatedBathurst A up 1/2 to 34. The latter157 words
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Article66 1978-09-09 8 FINANCIAL TIMES INDUSTRIALS Thursday 506.7 Wednesday 503.5 Week Apt *98 5 DOW JONES AVERAGE INDUSTRIALS Thursday 803.71 Wednesday 865 79 Week A (D 176.12 LONDON DOLLAR PREMIUM Thursday 91H to 91* Wednesday 90* to 91* H.K. HANG SENG Friday mrt M Thursday 700.30 Week Ago 006.43 SYDNEY INDUSTRIALS66 words
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Article1102 1978-09-09 8 NEW YORK STOCKS turned In a mixed performance on Thursday after a broad advance gave way to late profit-taking Trading was active. Analysts said the market followed a frequent' Thursday pattern of backing off prior to release of weekly US money supply figures due at the New York1,102 words
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Article595 1978-09-09 8 TOKYO Source: DBS-Daiwa THE Nikkei Dow-Jones average declined sharply yesterday. since most investors turned cautious against the recent sharp rise. Turnover was relatively light and estimated at 290 million shares. In the morning session, me-dium-priced chemical and communications equipment Issues opened higher on heavy trading. Export-related IssuesSource: DBS-Daiwa - 595 words
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Article359 1978-09-09 8 THE market closed mixed yesterday with support for the banks, but a setback for uraniums and diamond stocks, dealers said. Uraniums declined In the wake of reports the Northern Land Council may refuse to sign the Ranger agreement unless the federal government blocks Pancontlnental's Jabtluka project. Panconttnental dropped A9l359 words
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Article333 1978-09-09 8 THE market closed mixed with an easier bias In moderately active trading, dealer* said. Jardlne Matheson sained 90 cents to HKS2O while Hongkong Bank rose 20 cents to $21.00. However. Wheelock shed 10 cents to M 00, Hutchison Whampoa 15 to 7.30 and Hongkong Land 10 cents to $14.30.333 words
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Article215 1978-09-09 8 Sept* Bakt ♦A Bangkok Bank SM -2 Bank of Ayudhaya Ltd m +2 Thai Danu 372 unch Thai Partner* Bank 370 -4 Thai Commercial Bank M2 Bangkok Metropolitan Bank unq Industrial Finance Corp. 2.496 unch Oenerat Finance >02 Bangkok Investment 312 Plrtt Trust m unch Raja Finance r» Lee215 words
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Article130 1978-09-09 8 THE market closed mixed yesterday, with commercials and minings firm while oils declined, dealers said. Turnover fell to 10.89 million pesos from Thursday's 15.5f million. SEPT Pesos Acoje Mining .01 -0.0005 v At la* Con. A -..u Atlas Con B 20 90 -1.01 Ba«uto Oold .011 +0 0003 BencuetCon130 words
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Article1596 1978-09-09 8 September 7 CHICAGO Board Options Exchange volume eased to 134,947 contracts on Thursday from 172,868 on Wednesdtv. options OCT JAN APL STOCK Alcoa 40 Oft/1 ii* UNTRD M Alcoa M 111/10 41/1 M Alcoa M t a i/o 1ft* a Am Exp JO UMTRD UNTRD NOL Mft*1,596 words
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Page 8 Advertisements
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Advertisement197 1978-09-09 8 On TELEVISION Now the BBC's longest and costliest TV dramatisation of a single novel Leo Tolstoy's War and Peace. Now available in a beautiful Penguin gift pack. m Professor John Kenneth Galbraith presents his views on economics in The Age of Uncertainty. His renown books in Penguins include The A197 words
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INTERNATIONAL COMPANY NEWS
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632 1978-09-09 9 N.AMERICAN L d CHEMICAL Bank announced It has opened three new Asian branches and a merchant banking facility in Manila, Hongkong and Seoul in a major expansion of Pacific region operations. Mr. Donald Platten, chairman and chief executive officer of the bank, officiated at the632 words
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Article, Illustration818 1978-09-09 9 FT '"WE ARE in an industry which is pitiless and remorseless to the weak," sa*d Mr. Jean-Paul Parayre. the president of Peugeot-Citroen. His words neatly underline the threat which hangs over Chrysler Europe, a company which has grown steadily weaker in the last fewFT - 818 words
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Article116 1978-09-09 9 Reuter MELBOURNE: Carlton and United Breweries Ltd said its unaudited consolidated operating profit came to A 520.10 million ($17.40 million), for the year ended June 30. Turnover at $489.25 million ($452.12 million) and other income at $2.36 million ($2.97 million). Profit is after tax at $14 42Reuter - 116 words
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Article68 1978-09-09 9 CANBERRA: The Colllnsvllle Coal Company of Queensland, a subsidiary of Mount Isa Mines Holdings Ltd, will supply 130.000 tonnes of coal for home heating to Korea. The new contract provides for the supply of the coal by March 31 next year. The coal Is of a68 words
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418 1978-09-09 9 f 1 ASIAN BRISBANE: Thiess Holdings Ltd said it will make a one-for-five bonus issue to shareholders and convertible note holders registered on Dec 1. The issue will increase paid capital by 10.59 million A5O cent par shares to 69.86 million. A further 322,000 shares418 words
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348 1978-09-09 9 CADBURY- SCHWEPPES is tNllni its marketing strength againat the entrenched giant companiea in the US$l2 billion year •oft drinks business in the Schweppes USA has launched a citrus-flavoured drink. Rondo, to compete ■with established brands ouch as Coca-Cola, Dr. Popper and Pepsi-Cola. Its initial348 words
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102 1978-09-09 9 Reuter PFIZER Inc said Danbury Pharmacal Inc agreed in a consent judgement and Injunction to cease marketing and selling the antibiotic doxycyctlne after filling current orders on hand, but no later than Nov 30. In litigation, Pfizer charged that Danbury infringed on Pflzer's patent on doxycycllneReuter - 102 words
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Article122 1978-09-09 9 AFP HONGKONG: Yangtze Kiang Garment Manufacturing Co Ltd predicts bright future prospects for the garment industry in a brief annual report announcing net profit after tax of HK118.138 million. The company forecasts strong recovery for garments during 1978-79 throughout Europe and North America and says it expectsAFP - 122 words
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95 1978-09-09 9 Reuter OSAKA: Hitachi Shipbuilding and Engineering Co Ltd, Hitachi Zosen. said It will pass the Interim dividend payment for the first half-year ending Sept 30, in view of poor business performance due to a slump In shipbuilding business and the yen's steep rise against theReuter - 95 words
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Article59 1978-09-09 9 Reuter RHONE Poulenc SA said It will take a 50 per cent holding in the South Korean pharmaceutical firm Medica Korea, but gave no financial details. The association, subject to French and Korean approval, will be realised through an increase in capital by Medica Korea. Medica Korea isReuter - 59 words
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Article, Illustration204 1978-09-09 9 neuter PENINSULAR and Oriental Steam Navigation (P and O) Co Ltd said Its pre-tax profit came to £1.12 million (126.91 million) for the six months to June 30. Oross revenue at £524.97 million (£408.29 million) and interim dividend three pence (same). Pre-tax profitneuter - 204 words
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197 1978-09-09 9 Reuter THE UK electronics group Ferranti Ltd said it plans a listing on the UK stock exchange with dealings expected to start on Sept 29. The company said it Is proposing a bonus issue of one new ordinary share for every unit already heldReuter - 197 words
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945 1978-09-09 9 r EUROPEAN FT MILAN: There has been a sudden revival of Interest on the Milan Stock Exchange in the wake of reports of advanced negotiations Involving the possible purchase of a 10 per cent equity stake in Italy's ailing chemical giant, Montedison, by a groupFT - 945 words
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Page 9 Advertisements
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Advertisement555 1978-09-09 9 fflomflw HoftoeiSmi Politics and Government in Malaysia j i Politics and Government in Malaysia is concerned with the substantial political f /changes that took place in Malaysia after Independence in 1957 and especially JM ji during the last ten years. Among these are the May 1969 racial riots and the555 words
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DEALS DONE ON THE SES AND KLSE
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Article1620 1978-09-09 10 BID and offer prices officially tfcud and business in and reported to the -Stock tarhanf of Singapore yesterday with the number of iharee traded ehown In bracket* In lota of 1.000 un4ti unless otherwlee spsclfled. All Time Settlement Contract* art quoted after the word "sett." Big Board deal1,620 words
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Article103 1978-09-09 10 4 1/2% 1/8/88 (250,000) (99.558 99.858) 4 3/4% 15/9/80 (250,000) (100.008 100.108) 5% li/4/81 (250.000) (100.158 100.258) 5 V 4% TP IWBI-84 (250,000) (102.308) 7 1/4* 18/4/88 (250,000) (100.75B) 7 1/4% 18/18/88 250,000) (100.75B) 7 1/4% 1/8/87 (250,000) (100.70B) 8 V 4% T P 11/7/87 250,000) (101.958) C103 words
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Article42 1978-09-09 10 STRIKING prices of the stock options officially listed on the Stock Exchange of Singapore, the periods, bid and offer prices and business done yester- day with the number of options traded shown In brackets. Paa Electric (Sept $155) (2) 0.72.42 words
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Article2515 1978-09-09 10 1978 High Low Lait Company Safe +orQr'i Dhr Dhr C*YT Gr's YTd Net P/E Vol Day COM) High Low SECTION ONE INDUSTRIALS 272 238 178 219 275 111 276 326 245 660 132 123* 112 133 195* 60 Vj 162 173* 140* 256 Ac ma Alcorn Allied2,515 words
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Article149 1978-09-09 10 SINGAPORE UNIT TRUST INCOME BOND UNIT (M»—priM The Commerce 1 for Seat 11) (diiraat p rtasa) 2.52 2 97 INCOME BOND 1 00 1.15 The Saving rund 1.58 l.M mara mrMTPimu ft mm (Muafart priea* he Sapt II) 8 pore Prof Fund i.a 1.29 S foresee urlty S149 words
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Article1812 1978-09-09 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 bracket* in lots of 1.000 units unless otherwise specified. INDUSTRIALS AJinanwta (3.108). Alaam (2.488) <&> 2.48 (1) 2.50 (3) 246 A1,812 words
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Article, Illustration999 1978-09-09 10 THE flaanee section again look coaunand on the Stock Exckaage of Singapore yesterday aad M tka pack of stocks to a Una ftnisk. Under vigorous trading, akare prices made significant fains to booat tka finance index up 15.42 points to 728.98. Tkis section is diss to receive999 words
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Article564 1978-09-09 10 TRADING was active but slightly erratic on the Kuala Lumpur stock market yesterday and prices closed mixed. There was moderate buying interest during the morning session as traders continued to lend support for a number of blue chip Issues. However, the market turned mixed after the564 words
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COMPANY NEWS
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Article, Illustration904 1978-09-09 11 MANO SABNANI - By MANO SABNANI AFTER two years of stagnating performance, Prima <Flour Mills) has swung itself firmly back on the growth path and seems set to enjoy higher earnings In the current year. Already, at the half-way mark, the group has achieved a904 words
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Article169 1978-09-09 11 ALEXANDRA Holdings Ltd: AGM to be held at 15th Floor, Rooms 1511/ 1512, Shlng Kwan House, 4, Shenton Way, Singapore on Sept. 15. Great Eastern Life Assurance Company Ltd: EOGM to.be held at 18th Floor, OCBC Centre, Chulia Street, Singapore, at noon on Sept. 15. Jack Chia-MPH Ltd:169 words
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Article336 1978-09-09 11 Current Ex Booka Date ToUlfor ToUlfor payment Date cioee payable the year previous year UOB 5% I Aug 21 Aug 28 Sept 16 5% 12*% Alex Hldgs n_. S*i b) Sept 1 Sept 11 Sept 18 5% 5% oata 6% I Aug 17 Aug 29 Sept 25 6%336 words
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Article152 1978-09-09 11 Company PutiMkn Ex Data BaeksC Saatoea Great Eaetera Life Bonus Issue of 1 for 4 Aug 30 Sept 12 Bonus Issue of 1 for 2 Sept 1 Sept 11 M Tobacco Bonus Issue of 1 for 1 Sept 6 Sept 16 Roth ma n» Carle berg Bonus Issue152 words
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Article, Illustration942 1978-09-09 11 ARTHUR NG - ■y ARTHUR NG THE splendid recovery staged by subsidiary Hume Industries (Malaysia) was instrumental to the sharp recovery of Its parent Hume Industries (Far East) for the financial year Just past. Including the portion of the company's share of associate earnings, group pre-tax profit942 words
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Article, Illustration632 1978-09-09 11 SEMBAWANG Shipyard, which has hitherto stood firm against the tide of adversities in the shipping industry, may see an erosion of profits in the current year. Group pre-tax profit for the January-June 1978 period came to only $11.02 million, down 17.31 per cent from the632 words
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Page 11 Advertisements
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Advertisement204 1978-09-09 11 nCV Aa V s^The Foulks way means 1. Studying with the largest established firm of accountancy tutors in U.K. 2. Enjoying the benefits of over 90 years of tutorial expertise. 3. Being informed of the latest changes and current events and topics of interest and relevance through the exclusive "Foulks204 words
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332 1978-09-09 12 FROM PAGE ONE rising incomes, which generated stronger demand for coraumer durables. Cheaper air fares boosted tourism, pushing up demand for hotels, restaurants, airports, and roads. More emphasis on advertising moulded consumer attitudes and opened new vistas for merchandising products. The Korean and332 words
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646 1978-09-09 12 Reuter UPI POSSIBLE cultivation of guayule. a scrub bush for rubber production, was spurred yesterday by action of the US House agriculture committee. A bill, approved by voice vote, authorises spending of USISS million (SSI26 million) through October 1983 for research to study useReuter; UPI - 646 words
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383 1978-09-09 12 Reuter THE YEN may appreciate to or beyond 180 yen to the dollar in the near future because basic factors in favour of a higher yen have not changed significantly. Disclosing this, Japanese foreign exchange dealers said that after rising to a post-war recordReuter - 383 words
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Article635 1978-09-09 12 BULLION brokers Sharps, Pixley said gold prices seem set to fluctuate erratically in the absence of firm signs of stability returning to the foreign exchange market. Jn its latest monthly report on bullion markets released in London, it said that in August "the highly speculative and635 words
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Article694 1978-09-09 12 LONDON, Frl. Share prices closed higher today following Prime Minister James Callaghan's decision not to have an autumn general electibn, dealers said. Trading was very active and gains among leading industrials ranged into double figures. KY ended 4p higher at 410p following yesterday's earnings results. At 3 p.m.694 words
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356 1978-09-09 12 AP THE INVESTMENT of billion* of dollars by oilGoduciag eat ions la the sited States poses bo throat to American iaterests and nsav actaally kelp streagtnea the dollar overseas. Mr. Lisle Widman, a deputy Assistant Secretary for lateraatioaal Moaetary Affairs, soughtAP - 356 words
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511 1978-09-09 12 Agencies DEVELOPING countries are drafting proposals on the United Nations' Development Programme which are expected to lead to a clash with industrialised nations at an international conference now being held in Buenos Aires. 'Conference sources said the proposals would give developing countries virtualAgencies - 511 words
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Article, Illustration354 1978-09-09 12 SIVA ARASU - •r SIVA ARASU TELECOMS has zeroed In yet again on Philips Singapore for a radar system for the new Changi International Airport. The $2.4 million contract is for an airport surface detection equipment (ASDE). the third navigational aid for Changi to be bought from Philips. This is354 words
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440 1978-09-09 12 PITER CHIA - By PITER CHIA THIS year's competition for the sth Annua) Report Award has been extended to Include all companies listed on the Stock Exchange of Singapore, Irrespective of the country of incorporation. Annual reports for the year ended Dec 31, 1977 or440 words
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Article117 1978-09-09 12 AP NORTH Korea and Malaysia will finalise a trade agreement in December to strengthen trade ties between* the two countries. North Korean Ambassador to Malaysia, Mr. Jong Song Mun, said in Kuala Lumpur yesterday that Malaysia would be invited to participate at a trade fair in Pyongyang nextAP - 117 words
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Page 12 Advertisements
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Advertisement136 1978-09-09 12 Mathematics and Statistics in Penguins r Statistics in Action: Peter Sprent This book is intended to interest the general reader who wants to become familiar with this subject, as well as a prelude to further study and a complement to formal elementary textbooks for those who wish to 90 to136 words
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