The Business Times, 2 February 1979
1979-02-02
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The Business Times
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Title Section10 1979-02-02 1 BUSINESS TIMES M.C.(P) No. 141/1/79 FRIDAY, FEBRUARY 2,1179 50 CENTS10 words
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BRIEFLY...
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Article113 1979-02-02 1 Reuter LONDON, Thurs. Richard Tarling, former chairman of Haw Par Brothers International, failed today in his latest bid to avoid extradition to Singapore on five company law charges. The House of Lords Appeal Committee refused Tarling leave to challenge a ruling by the Queen's Bench Divisional CourtReuter - 113 words
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Article69 1979-02-02 1 AFP PEKING, Thurs. The People's Daily today announced the launching of a propaganda campaign to convince Chinese capital holders with money overseas that they would suffer no discrimination by bringing it back into the country. Owners of capital "would not become subject to any sort of discriminationAFP - 69 words
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Article46 1979-02-02 1 Reuter TOKYO, Thurs. Japan's external reserves rose US$9O million (Ssl9B million) in January compared with December to a record $33.11 billion at the end of the month, the Finance Ministry announced. The end-January level was up from $23.37 billion- a year earlier. ReuterReuter - 46 words
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Article69 1979-02-02 1 Reuter TOKYO, Thurs. The Japanese government and China have been unable so far to agree on a formula to settle bilateral trade under a US$2O billion (Ss44 billion) private agreement over eight years, the Trade Ministry said here today. The ministry said it was still uncertain whether aReuter - 69 words
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Article38 1979-02-02 1 AP MANILA, Thurs. The Philippines government announced today that 158 countries will send more than 5,000 delegates to Manila for the fifth general meeting of the United Nations Conference on Trade and Development in May. APAP - 38 words
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Article81 1979-02-02 1 AP BANGKOK, Thurs. Tensions between Vietnam and China heightened as the war in Cambodia moved through its sixth week and the toppled Cambodian regime claimed that its guerilla forces have been able to stage raids into the heart of Phnom Penh by night and day. Chinese Vice-premier DengAP - 81 words
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Article79 1979-02-02 1 AP WASHINGTON, Thurs. The United States finished 1978 with a record trade deficit, measured on a balance of payments basis, of U5534.2 billion, including a deficit of $7.4 billion in the final three months of the year, the government said today. The fourth quarter deficit was an improvementAP - 79 words
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Article55 1979-02-02 1 AP NEW YORK, Thurs. The stock market opened lower today continuing a slide that has cost the Dow Jones industrial average more than 20 points over the last three sessions. The Dow was off 3.11 to 836.11 in early trading. Analysts said various economic problems were at theAP - 55 words
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Article, Illustration198 1979-02-02 1 Rises Most Active Sthn Malayan 1100 B? r junta! 790 G I Hldgs 204 Kusan 136 Oriental Hldgs 635 Kuala Sldlm 270 Boustead 280 V St S 565 Dunlop Ind 470 Matsushita 430 Pacific Dev 260 M Flour 262 Malayawala 238 Pahang Cons 165 Harlmau 99' Hong198 words
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Article647 1979-02-02 1 COLIN CHEE - S'PORE PLANS IN HANOI UPSET By COLIN CHEE SINGAPORE'S plans for a trade office in Hanoi have been shelved indefinitely. Sources say the Republic had hoped to open the office early this year, possibly this month, in the Vietnamese capital. But its establishment was647 words
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233 1979-02-02 1 Bank of Japan fails to turn the tide UPI THE US dollar, despite the Bank of Japan's effort to stem sharp gains, forged ahead in Tokyo yesterday on brisk buying by Japanese traders for import settlement. Trading was heavy. The dollar ended the day at 202.30 yen, compared with 201.40UPI - 233 words
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472 1979-02-02 1 WANG LOOK KEAH - By WANG LOOK KEAH THE DECISION to form a Trade Development Council has to be made soon but this does not appear likely at the coming meeting of the Trade Development Committee (TDC) next Tuesday. After its second meeting in November last472 words
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Article252 1979-02-02 1 Reuter AFP ASEAN and Australian officials are expected to meet "within the next few days" to discuss the controversial cheap airfare system which started yesterday between Australia and Europe. This was stated by Australian Minister for Special Trade Representations R.V. Garland at a press conference in JakartaReuter; AFP - 252 words
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266 1979-02-02 1 FIVE sealer executive* sf Samitoms Chemicals, fed by ill praMeat, Mr. T. HIJUaU, arrived here yesterday afteraeea ta attend I—l beard meetiag sf the Petrochemical rerporstlsa af Stagapere (PCS). Mr. Hi|kata was last la Stagapere whea the PCS was laeerporated la Aagaat266 words
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433 1979-02-02 1 QUEK PECK LIM - By QUEK PECK LIM THE Emporium Holdings group, already the largest department store chain in Singapore plans to add another seven stores to its group in the next two to three years. First steps towards achieving this ambition have already been taken433 words
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Article62 1979-02-02 1 AFTER OPERATING a joint break/bulk shipping service between the Far East and Europe for the past seven years, Ben Line Steamers of Scotland and East Asiatic Co of Denmark have decided to go their separate ways withimmediate effect. Their joint service had been subjected to severe competition62 words
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Page 1 Advertisements
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Advertisement6 1979-02-02 1 COPIES ANYTHING, FITS ON A TABLE-TOP6 words
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Advertisement165 1979-02-02 1 When all banks are pretty much the same, ACBC service makes the difference. Everyone knows that all banks offer pretty much the same facilities to their customers. But what makes one bank better than the other is its service. Whether you are opening a letter of credit or you need165 words
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Advertisement80 1979-02-02 1 Leader...Page f >@^{}["`><))=!%[|?%$_^\\@%,~%[< [KMDSZZH SHIPPING TIMES CHANCES sf NZ sltlag Its trade THE quotha *f taxiag hawkers 7 ceatre here I MINOLTA taps Asftaa Mlar PEOPLE la haslaess I market 9 MILES sf CPA Is all smiles I NST pstoed ler apswtag II OUTLOOK far trade with Cease- KHONG Gaaa80 words
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Advertisement141 1979-02-02 1 AKAI offers a wider choice of plain paper copiers. UHX V Table-Top Modal A copier that delivers clear copies from B-6 to A-3 -jprifc sizes. Built-in micro computer that increases ease of operation. U-MX 1500 A high performance copier with high reliability. A solid down to earth model for steody141 words
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TRADE AND INDUSTRY
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628 1979-02-02 2 WANG LOOK KEAH - SURVEYS COMPLETED By WANG LOOK KEAH THE NEW Zealand government is setting up a Southeast Asian trade centre and it may well be situated in Singapore. The exact location of the centre has not been decided upon and this decision lies in628 words
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Article210 1979-02-02 2 ROBINSONS, the department store group, will reorganise its flagship store at Specialist Shopping Centre in Orchard Road following the acquisition of another 1,394 sq.m of selling space. The area, in the basement of the shopping complex was formerly occuppied by a mini-supermarket. It will now house the210 words
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Article, Illustration292 1979-02-02 2 THE Jurong Town Corporation has begun building terrace factory buildings and workshops in Kallang Basin. Yew Tee and other industrial estates to meet growing demand for smaller factories. This attention to smaller factories is in keeping with the government's aim of parallel development of big multinational companies292 words
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Article, Illustration177 1979-02-02 2 OGILVY and Mather, Singapore has announced six major staff appointments. Mr Mervya Nee and Mr Eddie Cku have been elected executive directors. In making the announcement, managing director Peter Stening stated, "The promotions are designed to strengthen Singaporean involvement in the management of the agency, and reflect177 words
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Article, Illustration185 1979-02-02 2 AN INDUSTRIAL cleaning machine which vacuums and polishes floors is gaining wide acceptance in Singapore, according to the manufacturer, Vincent Brothers, Australia. The machine, the Polivac, is used in factories, offices, department stores, schools and hospitals. Units used in hospitals have a micro-staphicidal filter which can be185 words
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Article50 1979-02-02 2 IT WAS reported in yesterday's Business Times that the Singapore National Shippers' Council feels that freight increases by the Far Eastern Freight Conference should be computed on the basis of cost recovery. SNSC in fact contends that freight increases should not be computed on this basis.50 words
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Article174 1979-02-02 2 CONSULASIA will be presenting several management training programmes in Kuala Lumpur and Singapore from February through* March. On Feb 26 (Kuala Lumpur) and March 9 (Singapore), "Maximising the profitability of major customers" will be the theme of a course led by Mr. Peter B. Kirkby, M. A. Oxford.174 words
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Article483 1979-02-02 2 COURSES AND TALKS Jan 3-Feb 21: Statistics for Insurance Employees, SITC, SITC Feb 5-Apr 14: Diploma in Life Insurance, SITC, SITC Feb 10 17: Vosper Pte Ltd training course, RELC, Vosper Feb 12-13: Finance for nonfinancial managers, Ming Court, Price Waterhouse Feb 14-28: ILO training course, RELC, Ministry483 words
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Article270 1979-02-02 2 JOHN LIM - By JOHN LIM SIME Darby's new subsidiary, Performance Motors, needs a general manager to take charge of its BMW franchise in Singapore. The candidate, according to a recent newspaper advertisement, will probably be about 35 to 40 years old, and preferably have a basic university degree270 words
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162 1979-02-02 2 THE INSTITUTE of Advanced Computer Technology (I/ACT) has drawn up a calender of seminars that it will present in Singapore and Manila this year. For Singapore, I/ACT has selected six seminars, all featuring leading international electronic data processing experts, for Singapore. The first features162 words
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Article91 1979-02-02 2 A WEEK-LONG fire safety exhibition will be held by the Singapore Fire Brigade at People's Park Centre, lower ground floor, from Feb 10 to 16, 11 am to 10 pm daily. On display will be exhibits, posters and photographs of common fire hazards and causes, guidelines on91 words
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Page 2 Advertisements
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Advertisement316 1979-02-02 2 4? W irs f 4'"?/I if t 'Probably the best espionage novel ever written.' Richard H Growald, UP/ 'A major literary event... a marvellous tale of spies and intrigue spun with intricate skill by a master story-teller. A must.' PLA YBOY 'As fine a novel as he has ever written316 words
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REGIONAL
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Article936 1979-02-02 3 STAGNATION of economies in industrial countries and the protectionism that this has given rise to are taking a heavy toll on the exports from developing countries. This is the conclusion drawn in a study to be presented to the Unctad meeting in Manila in936 words
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Article428 1979-02-02 3 MALAYSIA will be presenting to Britain what its tflleiali termed as "very reasonable requests" at the resumed air talks scheduled tor Feb 5 in Knala Lumpur. In essence, Malaysia will be asking tor mere landing rights in Landau and Hangkang far the Malaysian Airline System (MAS)428 words
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Article, Illustration405 1979-02-02 3 THE City of Melbourne in Australia is expanding and improving its extensive tramway services and declares trams to be modern, not old-fashioned. Last July, the 216 km of tram routes in the city of 2.7 million people were increased by 3.4 km.405 words
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Article, Illustration273 1979-02-02 3 LAST yew vh the best year far Cathay Pacific, with Its reveaae target far tint year exceeded by 15.4 per eeat. CPA, Mr. Michael Mllea, dlsthis at Ike apealag st the alrttae's *iml sales aad markettag eaafereaee la MaaUa reeeaUy. Abaat ft273 words
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225 1979-02-02 3 NYT PRIME MINISTER Kriangsak Chamanand of Thailand said in an interview on Wednesday that the Vietnamese invasion of Cambodia might upset his government's plan to spend more than US$l billion (552.16 billion) this year for rural development and force him to transfer someNYT - 225 words
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260 1979-02-02 3 Reuter PAKISTAN has told the World Bank it expects a trade deficit of US$2 billion (554.32 billion) for the year ending June. According to figures supplied to the bank and incorporated in its latest report on the economy published in Pakistan, the government estimatesReuter - 260 words
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Article71 1979-02-02 3 UPI THE Asian Development Bank approved loans totalling US$l.l6 billion (552.4 billion) last year, the bank's quarterly review said. This marks the first time loans approved exceeded the SI billion mark in any given year. During the last quarter, loans approved totalled $661.79 million. Singapore, Bangladesh,UPI - 71 words
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Article351 1979-02-02 3 Reuter THE Thai Cabinet has decided to partially lift an import ban on luxury items in order to be eligible for special drawing rights loans from the International Monetary Fund, Thai Commerce Ministry sources said. Of eighteen items banned since early last year, sevenReuter - 351 words
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348 1979-02-02 3 ABOUT 120 prominent Malaysian and British busij nessmen will attend the City of London seminar to be held in Kuala Lumpur on Feb 5 and 6. The seminar is aimed at forging closer ties between the two business centres. The two-day seminar348 words
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Page 3 Advertisements
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Advertisement112 1979-02-02 3 f h ■K y i IllUll For the man who knows Our male customers don't need to be shown the best. They already know what is the beet. They know that of SSSST imported shoe, which are made of the finest leather available, by the meet skilled of craftsmen and112 words
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Page 3 Miscellaneous
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Miscellaneous660 1979-02-02 3 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Finds fault with the car as an afterthought (5) 6 House and ground (5) 9 Help a clown to come round when stunned (4, 3) 10 Where a cab turns up (5) 11 Black girl on TV, etc. (5) 12 Vessels for which there660 words
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RAW MATERIALS
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Article, Illustration889 1979-02-02 4 KADIR JASIN - By KADIR JASIN THE criticism by Bolivia, the world's second largest source of tin, that the gentlemen's* agreement between producers and consumers to freeze the tin buffer stock price amounts to a breach of faith is something to the pondered upon. For the889 words
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386 1979-02-02 4 Reuter HIGHER copper prices are likely in 1979, and a prevailing tight supply situation in lead should also force this market higher, London commodity broker Rudolf Wolff says in its annual review of metal markets. Although copper will ultimately respond to genuine consumption needs,Reuter - 386 words
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Article72 1979-02-02 4 JAPANESE imports of soybeans in calendar 1978 rose to 4,260,000 tonnes. 18 per cent above the 1977 volume and 17 per cent above the previous record of 3.6 million tonnes in 1973, the US Agriculture Department said. Imports last year were above earlier expectations, reflecting record large shipments72 words
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Article1031 1979-02-02 4 OILSEEDS: Traders reported a generally quiet oil and oilseed market although soyabean oil was moderately active and maintained mainly on a stronger US dollar yesterday morning. February April deliveries of Dutch soyabean oil made 123.50 guilders per 100 kilos scaling down to 114.50 guilders foe November January deliveries.1,031 words
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Article, Illustration769 1979-02-02 4 Reuter SOVIET imports of vegetable oils and fats are expected to reach a record level of around 370,000 tonnes in 1978/79 against 232,000 tonnes last year and the present peak 274,000 tonnes in 1972/73, Oil World, the Hamburg based publication said. Soybean importsReuter - 769 words
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Article304 1979-02-02 4 THE SINGAPORE rubber market yesterday closed slighly higher with February One RSS buyers quoted at 237.25 cents per kilo, up 0.25 cent from Wednesday's close, dealers said. Prices were little changed during the morning session after fluctuating marginally in quiet trading, they said. The afternoon market rose fractionally in304 words
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Article227 1979-02-02 4 Prices In cent* per kilo yesterday: No Ml Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt fob 236 50 237 50N 236 75 237 75N Int 1 R.S.S. Feb 237 00 237 50 237.25 237 75 Int 1 R.S.S. Mar 237.50 238.00 237.75227 words
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Article129 1979-02-02 4 NOON SSR RA8 SSR 20 SSR SO and SMR prm <1 ton pallet! <1 lun pallet! i vemterdav April (Carreat Mtkl Buyer* Seller* 232.00" 234.00N 229 00 231 00N May (FtnriH Mtk) Bayer* Seller* 232.50 234.50N ***** 231.50N •MRELB SMR CV SMR SL SMR OP SMR SMR129 words
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Article162 1979-02-02 4 THE SUGAR market remained dull yesterday on continued lack of interest with only one lot traded, dealers said. March closed at 8.20/75 US cents, up from 8.00 buyer on Jan 26, May at 8.50/96 (8.30 buyer) and distant January at 9.50/90 (8.80/9.20). Sugar futures closing prices: Ctasiag PuTto—162 words
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Article70 1979-02-02 4 C.I.F North European ports. In US dollars Der ton unless otnerwise stated LONDON: Malaysian 5Hffa bulk per tonne Wed Previous March MOsIr 650qtd Sumatra 5* ffa bulk January unch 872' islr February 872 pd 857 6fl0pd March unch 650 665pd April 857'i 655pd8«0/645od May/July unch 637 i pd70 words
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Article25 1979-02-02 4 Rubber: Feb 1 Singapore: February: 237.25 cents (up 0.25 cent) Malaysia: Closed Tin: *1,840 (up $27) Official offering: 175 tonnes (up 35 tonnes)25 words
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Article361 1979-02-02 4 TRADING of copra and coconut oil opened and closed on a firm note at the Singapore produce market yesterday. Good buying orders from abroad, coupled with the fear of an imminent shortage of copra, was again cited as the biggest single factor behind the stronger tone. Bulk coconut361 words
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Article83 1979-02-02 4 Yesterday's price* in US dollar* per tonne FOB basis Bangkok: White rice: 100 pet Ist class 333. 100 pet 2nd class 318, 100 pet 3rd class 313, 5 pet 303. 10 pet 288, 15 pet 283. 20 pet 278, 25 pet 273, 35 pet "Broken A-l Super 191. A-l83 words
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Article75 1979-02-02 4 THE STRAITS tin price in Penang yesterday rose Ms 27 to $1,840 per picul, $140 above the International Tin Agreement ceiling, dealers said. The market strengthened on strong Japanese, US and European demand prompted by London's firmness on Wednesday and the continued low contribution of tin metal by75 words
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Article213 1979-02-02 4 MORNING gains in soybean futures evaporated late in the day under pressure from heavy local liquidation and stop-loss selling in Chicago on Wednesday. Prices settled half a cent to 3*4 US cents a bushel lower, nearly 10 cents beneath session highs. After extending their lead through midsession, prices came213 words
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Article189 1979-02-02 4 WHEAT futures in Chicago on Wednesday fell back on a lack of interest late, ending two US cents to half a cent a bushel lower in all but one deferred contract. The market once again displayed a tendency to move in sympathy with soybeans. Prices firmed early on but189 words
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391 1979-02-02 4 AP UPI STUDIES indicate that world fertiliser production will expand and keep up with demand. The analysis is in a new Fertilizer Situation report by the US Agriculture Department and includes estimates and other information by a number of international organisations, including the World BankAP; UPI - 391 words
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Page 4 Advertisements
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Advertisement149 1979-02-02 4 I ininu Study with the UNIVERSITY PREPARATORY SCHOOL f —TORONTO,ONTARIO UPS specialises in preparing overseas students for Grade 12 and 13 Examinations leading to entry to Universities and Colleges in Canada and USA. UPS is registered with the Ontario Ministry of Education and its Credit and Diploma courses are approved149 words
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OVERSEAS
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Article398 1979-02-02 5 NYT FEDERAL Reserve chairman G. William Miller apparently hopes interest rates soon will stop rising, but he is not sure enough to make firm predictions/ Interest rates are high enough to do the job, Mr Miller testified on Tuesday before the Joint Economic Committee of Congress,NYT - 398 words
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WORLD IN BRIEF
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Article665 1979-02-02 5 Agencies A US congressional trade group varned Japan that Congres. might take protectionist a«tion unless the USJapanese trade balance improves. A speci«U house task force issued a rjtport saying there has been some improvement in trade but trade relations remain at a critical point. There has beenAgencies - 665 words
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Article711 1979-02-02 5 ARRIVALS Service Local Operator Number Time From PAL PR501 1135 MNL GIA GA962 1200 HLP SN SN287 1200 BRU/DXB BKK SIA SQ240 1210 MES SIA SQ63 1215 MNL SIA SQ201 1245 HLP KLM KL833 1245 AMS/ATH/ KHI CMB THAI TG413 1250 BKK MAS MH684 1250 KCH GIA711 words
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555 1979-02-02 5 NYT PAN American World Airways has withdrawn unconditionally. from the International Air Transport Association's fare-setting bodies. Symbolically, it is the most significant defection to date from the organisation, which has 106 airline members. But industry observers tended to view the move as likelyNYT - 555 words
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Article132 1979-02-02 5 Reuter AFTER 30 months of "tasting power" at the side of the ruling Christian Democrats, Italy's Communist Party this week returned to the opposition benches. And on Wednesday, Prime Minister Glullo Andreotti handed In his Cabinet's resignation to President Sandro Pertini. IV President Invited him toReuter - 132 words
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Article, Illustration466 1979-02-02 5 UPI BRITIBH public service union officials have vowed to intensify "guerilla actions" in their fight for higher pay and showed no mercy for the worried sick in half of Britain's state-run hospitals or the hundreds of unburied dead. Social Services Secretary David Ennals said aUPI; UPI photo - 466 words
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Article, Illustration319 1979-02-02 5 AP CHINA pays the US US$5OO million (Ssl.l billion) to launch a communications satellite for China's use. The US sells China equipment enabling the Chinese to receive data from a US satellite about potential mineral sites on Chinese soil. The US sends scientists andAP; AP Photo - 319 words
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Article, Illustration625 1979-02-02 5 The US Energy Secretary, Mr James Schlesinger, has said it is likely the government will, have to begin mandatory allocation of oil and conservation measures such as Sunday closing of petrol stations if Iranian production does not resume by April 1.625 words
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Page 5 Advertisements
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Advertisement355 1979-02-02 5 A HOME? Then look for it in Business Times classified property advertisements an easy to read guide to the available properties at the top end of the market. Home-hunters are especially catered for in the new LEISURE TIMES supplement that comes with Business Times every Saturday morning. If you are355 words
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442 1979-02-02 6 THE question that must be answered by the trade development committee is really a very simple one. Whether the committee decides to set up a trade development council or not hinges on whether it can answer the question. That question must be: can it442 words
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Article303 1979-02-02 6 SMALL is not only beautiful, it is also a very logical next step in the economic and industrial development of Singapore. Our efforts over the past decade or so to attract large-scale foreign investment have paid off handsomely and we now have many303 words
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1638 1979-02-02 6 ANTHONY ROBINSON; ANTHONY ROBINSON - Singaporean traders foraging for markets may have thought of the Comecon. But trade with the countries of this political bloc, ANTHONY ROBINSON assures us, is not for the faint-hearted. Tough professional negotiators do not make the task any easier. Also* there areFT - 1,638 words
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Page 6 Advertisements
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Advertisement279 1979-02-02 6 m dine.. APOLLO HOTEL Havelock Road, Singaore 3 Tel: *****1 AMBASSADOR HOTEL ***** Meyer Road. Singapore 15, Tel: *****11 CENTURY PARK SHERATON Nassim Hill, Singapore 10 Tel: *****7 CHEQUERS HOTEL 418 Thomson Road. Singapore 11 Tel: *****66 COCKPIT HOTEL 6 7 Oxley Rise, Singapore 9 Tel: *****1 GREAT EASTERN HOTEL279 words
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Page 6 Miscellaneous
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Miscellaneous50 1979-02-02 6 BrlStoW: FmrJt Dickens POSTCPCD FftotvnT) fcIStQUJ.... J sieves. 11 mcHMi gcpch T*if> V Ueprtesony toeNT Foe R LOMetN/ "TO G€X 1 J -VJMFOfcIUWWfcUf RowvieD ->OW«»De »M R P»U)BV \r COLLISION UJtTH CHCSTfc£- f=£fc£ V UtfFfcßTUNpflfew BU"Z-ZGD ftV LcRR V-- j; CH€STtR-%^ys \pßivpax JGT P»ujp>Y fl" Pili-. V4P«S/lNe> Pi GRfePtr Tt50 words
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Miscellaneous900 1979-02-02 6 Rockford Files K.I.V YOU might aa weU watch the Oatllae History ef Eartpe, If yea missed It tke first time, riMe the repeat Is Mag *«wi aayway (US p.m., channel f) whether yea are sgrwiahlr to the eeaeept el repeats or ast At least this prapasuN has valae. Bat yea900 words
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Article, Illustration917 1979-02-02 7 ARUN BHATTACHARJEE - In 1974, the Indian government introduced the Foreign Exchange Regulation Act in the hope that it would give local industrialists some protection against the multinational onslaught. Now, five years later, not only has Fera managed to choke foreign investment, it appears that it hasDepthnews Asia - 917 words
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Article302 1979-02-02 7 JUST before Chinese New Year we described a lion J dance planned by the Marco Polo involving the destruc- I-«ion of live crabs as "gory" £jpid invited the SPCA to -nnake a check. We're glad to that the Marco Polo has since written to us to302 words
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750 1979-02-02 7 NYT THE West German Finance Minister, Hans Matthofer, was in the United States this week to confer with his counterpart, Treasury Secretary Michael Blumenthal, to try to get a clearer picture of where the American economy and the dollar are heading. He loyally said,NYT - 750 words
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991 1979-02-02 7 Quek Peck Lim - S'pore hawkers and taxation food for thought (forum ...with Quek Peck Lim A FORTNIGHT ago, Mr Teo Keng Hock, a proprietor of a "well patronised porridge stall in Owen Road" was graced with an act of providence. Thieves broke in and stole his safe but did not get far. In991 words
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Page 7 Advertisements
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Advertisement221 1979-02-02 7 1 HOTLL MALAYSIA 40 Cuscaden Road. Singapore 9 Tel: *****1 THt MANDARIN SINGAPORt 333 Orchard Road. Singapore 9 Tel *****1 THt MARCO POLO Tanglin Circus. Singapore '10 Tel *****1 HOTLL MLRLIN SINGAPORL 7SOO Beach Road. Singapore 7 Tel: *****11 MING COURT HOTLL Tanglin Road. Singapore 10 Tel: *****3 HOTLL NLGARA221 words
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Advertisement73 1979-02-02 7 ORCHID INN 214 Dunearn Road, Singapore 11 Tel: *****2 HOTEL PHOENIX SINGAPORE Orchard/Somerset Roads, Singapore 9 Tel: *****6 PENINSULA HOTEL Coleman Street, Singapore 6 Tel: *****1 RAFFLES HOTEL 1-3 Beach Road, Singapore 7 Tel: *****1/***** SHANGRI-LA HOTEL 22 Orange Grove Road, Singapore 10 Tel: *****4 SINGAPURA FORUM HOTEL Orchard Road,73 words
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INTERNATIONAL STOCKS
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426 1979-02-02 8 Reuter GENERAL Foods and Nabisco, two leading food processors, have reported record sales and profits for both their latest quarters and year to date periods. General Foods, headquartered in White Plains, New York, reported a profit of US$69 million, or $1.38 a share,Reuter - 426 words
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178 1979-02-02 8 Reuter BAT Industries chairman Peter Mac Adam said the current financial year for the 15 months ending Dec 31 should be a stronger year, despite question marks over some operational areas. He said prospects this year in the US, Europe, Brazil. Mexico and someReuter - 178 words
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Article61 1979-02-02 8 DIRECTORS of McGrawHill have rejected a new US$4O a share merger proposal from American Express. A statement from the McGraw-Hill board of directors said the board, in rejecting the offer, "considered many facors including the opinion of legal counsel and that of our financial adviser, Morgan61 words
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Article142 1979-02-02 8 SINGER, reporting a 19 per cent drop in operating income for 1978, said that the results were not unexpected. While it was not pleased with the results, it was encouraged because it had met the key objectives of its recovery period. These included exceeding its142 words
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206 1979-02-02 8 Reuter McDONNELL Douglas said its firm backlog last Dec 31 was US$6.O4 billion, up sharply from $4 63 billion at end 1977. Total backlog rose to $8.54 billion from nearly $7 billion a year earlier. Improved 1978 earnings stemmed from increased net interest income.Reuter - 206 words
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234 1979-02-02 8 ALITALIA will be purchasing a 8727 to replace the DC9 lost off Punta Raisi last month. At the recent board of directors meeting to review the airline's preliminary operating results, Alitalia also said that Boeing has agreed to accord maximum urgency to this234 words
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Article184 1979-02-02 8 Reuter AMERICAN Telephone and Telegraph said it will raise its capital expenditures by about US$l billion to $14.8 billion this year from about $13.7 billion spent in 1978. ATT chairman John Debutts. who retires last Friday, said the Bell System is facing "an era of opportunity unmatchedReuter - 184 words
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Article326 1979-02-02 8 JAN 3! Rand INDUSTRIALS A Alpha 146 -5 Abercom 357 unch AE And CI ii an 3 AfcllC 1250 unch Barlows 536 -5 Cg Sufir 300 unch CNA 105 -5 Cum* Flruuv* KB -3 Dr B**rs Ind 1450 25 Edcon 335B Edgars 4100 Eveready susp Ftd Voik S15 15326 words
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Article83 1979-02-02 8 AFTER-TAX profit for the year ended Nov 30, 1978, at TDK Electronics Rose to -11.21 billion yen from 9.15 billion. Sales increased to 116.60 billion yen fr0m95.76 billion. The company declared an unchanged dividend of 15 yen. Mitral and C* has reported lower consoldiated net profit of83 words
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Article1261 1979-02-02 8 NEW YORK STOCKS fell sharply in moderately active trading on Wednesday as an overextended market faced renewed concern about the turbulence in Iran. Analysts said the situation in Iran overshadowed a prime rate cut to 11-1/2 per cent from 11-3 4 per cent by Chase Manhattan and a1,261 words
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Article256 1979-02-02 8 THE STOCK market closed mixed yesterday with losses in the majority in moderate trading, dealers said. Among the gainers. South Asia Fibre gained 38 baht to 346, Saha Patthanapibul 4 to 280, Saha Union 2 to 204 and Berli Jucker one to 382. Ml Bafet Bank of Asia 246256 words
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European markets
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Article192 1979-02-02 8 JAN 31 Francs Actions Suisses 303 unch Alusulsse Br. I3S6 -10 Alusouae Ref 370 10 Brown Boverl Br 1700 unch Clba Geify Br 1280 -20 Clba Deify P C 1020 -30 Cite Geify Rtt Credit Suisse Br ooo -S 2365 415 Credit Suisse Ref 440 unch Elektrowatt Br. 2000192 words
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Article204 1979-02-02 8 JAN 31 ru ABN 371 50 -0J Ahold 121 JO Akzo 30 30 unch AMEV S3 00 -1 j A infix 112 SO 91 Amrot Bank n«o unch Berjot* MS0 ♦IS Berk »oob Boll 7110 0.5 BorsumU 177.00 13 Burhma— 77 00 Byenkorf 9200 unch Calve DelfV 171 00204 words
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Article276 1979-02-02 8 JAN 31 Frs CORBEILLE Alr-Liquide B S N Ciervali Danone C S F (Thomson- Csf) Cte Francaise del Petroles Compafnle Flnanciere Compacnie Generaie Credit Foncler 380 511 375 112 305 <50 !0 -II -10 •105 -4 -10 Hachette (Li brain*) Machines Bull Mlcheltn (B) Pan baa Pechlney Clglne Kuhlmann276 words
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Article224 1979-02-02 8 JAN 31 Dm Aef-Telefunken 0800B Akzo a 30 -01 Alii Leben MO 00 All* Vers 504.00 4 BASF 136 30 0.6 Bay H T Wbank ***** Buy Vbank *****B -2 Bayer 136 70 BBC ***** 1 BMW 238 00 -13 Caaaella 410 00 10 Chem Verw 268.00 Commerzbank 213-30224 words
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Article107 1979-02-02 8 JAN 31 m KOKHARI> MAKKKT #*t Acec 473 Arbed 2365 ♦30 A. Astur 692 1 >i ik Brascan 4*70 -2 :id Bru-Lamb 1770 J0 Canpar 618 2 f Cock 530 U-fl/Mj De Brers 210 1 "<-« '4 Ebes 2480 -5 r k > Electrobel 6850 50 Ob-In no-Bm 2610107 words
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Article105 1979-02-02 8 JAN 31 Lire Ante 35 025 Assoc Gen ***** 296 Basu>(i 518 -25 Central* 4440 140 Flat 2825 14 FinsWer 1727b -lis Gen I mm ob 70.25 1.25 IFI Prl 2320 Italcemenll ***** 150 I Lai gas 786 -X Italuder 384 3 Ma«neU M PI 55# 5 Marelli Ere105 words
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Article196 1979-02-02 8 JAN 31 CS Dom Tar 25 Molson A 23 Abltltx 17 Dome Mines 95 34. A lean 43. -I Falcon bridge M Hwnri^ 2 B unch Alfooa Bant Mont a at Kalronbrtdge Cop Gem tar 30, Noranda Norihgale Exp r 41 c. Bank Nova Sroua 14'-■ Gt West Life196 words
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Article629 1979-02-02 8 TOKYO Source: DBS-Daiwa Securities BROKERAGE HOUSES took an active stance, since yesterday was the first trading day for February. Turnover and total sales value were high. The market opened higher in brisk trading with interest mainly on resources-related issues and medium-sized and medium-priced chemical and machinerySource: DBS-Daiwa Securities - 629 words
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Article179 1979-02-02 8 THE MARKET closed mixed yesterday with minings posting gains while commercials and oils declined, dealers said. Turnover rose to 19.2 million pesos from Wednesday's 17.8 million. Gainers were Atlas Con B, Baguio Gold and Lepanto B, while losers were Oriental B, Seafront, Meralco and San Miguel B. Unchanged issues179 words
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Article355 1979-02-02 8 Source: SHK Sec Ltd OPENING at a premium over London closing prices, the market yesterday attracted profit-takers from last Friday's session after the Chinese New Year holiday. Some fresh buying was seen towards lunch-time as investors discounted US interest rates but turnover was still low and the performance wasSource: SHK Sec Ltd - 355 words
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Article392 1979-02-02 8 THE MARKET yesterday made its biggest gain of the year, with industrial and mining stocks led higher by the rise in world and local coppef prices, dealers said. v MIM Holdings rose again. 12 cents to $3.15, Mt. Lyell 9 to 87 cents. Pacific Copper 6 to SI. 14392 words
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Article66 1979-02-02 8 FINANCIAL TIMES INDUSTRIALS Wednesday 467.71 Tuesday 466.0 Week Ago 461.0 DOW JONES AVERAGE INDUSTRIALS Wednesday 838.22 Tuesday *51.78 Week ago 846.41 LONDON DOLLAR PREMIUM Wednesday 92 to 92' Tuesday 92 to 92 1 x H.K.HANG SENG Thursday 549 46 Wednesday closed Week ago 535.22 SYDNEY INDUSTRIALS Thursday 480.2466 words
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Page 8 Advertisements
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Advertisement398 1979-02-02 8 KILLING TIME by Sandy Fawkes Sandy Fawkes felt like screaming inside. The man she'd spent six days and nights with "a cross between Robert Redford and Ryan O'Neal" had just been revealed as a mass murderer, rapist and a pervert. Sandy lived to tell her story because the killer nursed398 words
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BANKING AND FINANCE
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295 1979-02-02 9 Reuter THE US Treasury Department said it will sell U552.25 billion (554.88 billion) in eight-year notes next Tuesday and $2 billion in 29-year, nine-month bonds next Wednesday. The securities will raise $1.3 billion in new cash. The yield on the notes, which areReuter - 295 words
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Article324 1979-02-02 9 Reuter DIRECTOR of Anglo American Corp of South Africa Ltd., Mr. Dennis Etheredge, said 1979 will be a crucial year for krugerrand sales due to intended production start-ups of gold medallions and coins by the US and Canada respectively. He told an investment seminar that expectedReuter - 324 words
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Article100 1979-02-02 9 THE US Treasury said the average yield at yesterday's regular monthly sale of oneyear Treasury bills fell to 9.348 per cent from 9.605 per cent at the previous auction. The yield was the lowest since 9.320 per cent recorded on June 12 last. The average price100 words
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Article43 1979-02-02 9 WEST German M-3 money supply fell a provisional 2.1 billion marks (5J3.4 billion) seasonally adjusted in December to 633.8 billion. A rise of 8.9 billion marks was noted in November and a 1.7 billion gain in December, the Bundesbank said.43 words
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234 1979-02-02 9 US TREASURY Secretary Mr. Michael Blumenttaal said he doubted Chase Manhattan's cut in its prime rate was the start of a trend to lower rates. "I would be hesitant to call the one quarter per cent reduction a trend I doubt if234 words
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Article35 1979-02-02 9 THE ASIAN Development Bank (ADB) will redeem its 50 million franc (Ss64 million) 7 per cent bond 1971/86 prematurely at 101 per cent on April X this year, the Zurich stock exchange said.35 words
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MONEY AND EXCHANGE$
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Article417 1979-02-02 9 THE US dollar continued to rally on foreign exchange markets yesterday following announcements in Washington that the US would be selling more foreign currency bonds to prop the dollar, and that measures would be taken to curb oil consumption in the country. The dollar's rise against most major417 words
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Article190 1979-02-02 9 Asian rates ASIAN currency i deposit interbank rates as at close on Feb 1: US Doll* r»( Spot t Offer Bid 7 days 10 1/16 10'. 1 month 109/16 107/16 2 months 10 10': 3 months 103/16 10*. 6 months 11 10. 9 months 10 15/16 10 13/16 12 months190 words
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Article51 1979-02-02 9 Range of prices offered by discount houses on Feb 1: Overnight 4' Call deposits 4'. to 4' Closing Baying Selling 3 month Treasury bills 4 7/16 4 5/16 3 month Bank bills 711/16 79/16 3 month CD 7*« 7'j 6 month CD 7"« 7 s Source: National Discount Co51 words
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Article21 1979-02-02 9 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 7.75 per cent.21 words
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Article293 1979-02-02 9 GOLD futures yesterday closed easier compared with last Friday's closing levels, dealers said. Opening quotations were marked down between US$2 to $2.50 an ounce following the metal's overnight weakness in New York and thereafter the market eased further in line with the weaker Hongkong trend. Trading was active after293 words
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Article217 1979-02-02 9 THE DOLLAR yesterday opened firmer, above its previous closing level here and it more than recovered its losses in late New York trading, dealers said. Sterling opened easier on its effective index at 63.4 after 63.5 overnight, falling to U551.9825/30 from $1.9898 9905 on Wednesday night, but remained relatively217 words
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Article42 1979-02-02 9 FRANKFURT exchanges opening quotes yesterday: US 1.8718/28 (1.8682/92) Can 1.5585 5605 Stg 3.73/74 D F1 92.40 55 S Fr 110.10 30 Lit 2.215 225 F Ft 43.55 65 NKr-36.35 45 B Ft (con) 6.349/59 B Ft (fin) 6.231 271 Yen *****/9542 words
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Article56 1979-02-02 9 AUSTRALIA and New Zealand exchanges on Feb 1: AUSTRALIA: US dollar 1.1335/1.1287 Sterling 0.5723/0.5658 Ninety-day airmail buying "sterling 0.W59 US dollar M 740 Ninety-day forward buying rates: Sterling 0.5803 US dollar 1.1410 NEW ZEALAND: Reserve Bank mid-rate 1.0513 Trading banks indications: Sterling 0.5306/0.5276 US dollar 1.0563/1.0*3 Ninety-day airmail buying56 words
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Article243 1979-02-02 9 THE US dollar for overnight delivery yesterday closed at 202.30 yen, down from a 202.50 opening but up from 201.40 at Wednesday's close. The Bank of Japan sold an estimated US$3O million to $40 million at around 202.60 yen in afternoon trading, bringing its total yen support during the243 words
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Article105 1979-02-02 9 THE US dollar yesterday traded slightly firmer at 202.25 yen compared wth its 201.70/80 close in New York overnight in relatively quiet trading, dealers said. It was little changed at 1.8730/40 marks against 1.8725/40 in the US after an earlier slight strengthening. Sterling weakened to U551.9650 65 from $*****/75105 words
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234 1979-02-02 9 Miller sees no need for new defence measures Reuter FEDERAL Reserve Board ehalnnaa, Mr. William Miller, said he sees as aeed far new dollar defeaee measores at preoeat He said the dollar has stabilised la foreign exchaage markets riaee the November 1 iaterveattoa package was pat la place. These measares,Reuter - 234 words
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Article, Illustration786 1979-02-02 9 COLIN CHEE - Minolta Camera enters Asian market for funds By COLIN CHEE A LEADING Japanese camera maker has come to the Asian dollar bond market (or funds, making it the first issuer here this year. Invitation telexes were sent out last Monday to institutions to subscribe to Minolta Camera Company's 70 million786 words
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Article297 1979-02-02 9 Reuter THE JAPANESE Finance Ministry said it has increased the limits on foreign exchange positions of Japanese and foreign banks, in compliance with their requests and in view of substantial increases in their trading volume. The ministry declined details, but banking sources said the measure appliesReuter - 297 words
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148 1979-02-02 9 Reuter THE CANADIAN dollar closed at 83.39 US cents, near a 45-year low, triggering speculation in some quarters that Bank of Canada may be forced to raise bank rate. Dealers said the Canadian currency recovered slightly after hitting a 45-year low of 83.30Reuter - 148 words
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253 1979-02-02 9 Reuter THE TAIPEH foreign exchange market opened trading with a middle rate set at NTJ36 to US$l. Banking sources said, under the new system, the middle rate was set after a meeting between central bank officials and representatives of five leading Taiwanese banks andReuter - 253 words
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Article114 1979-02-02 9 THE EUROPEAN Investment Bank (EIB) said it will float a US$lOO million (SJ2I7 million) 12-year bond with an annual interest rate of 9.58 per cent and an issue price of 99.30 per cent. The bank said $80 million will be sold in Japan and the114 words
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Article26 1979-02-02 9 THE US$2OO million (5*434 million), 10-year options bond for Bayer International Finance NV has been priced at par with a 7 1/4 per cent coupon.26 words
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Page 9 Advertisements
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Advertisement64 1979-02-02 9 The Love 01 ookmg n fx*. T k vV 4 N *L >/ A: *0+ r.\ r.e- -> H V. \3L I I Kanncth Lo, the ,v i n m*l QC ■M B~rv. ,—rX»I MM* R***** ll.«. «i I 111 I X 2*n*. •Mn tm yiyi;. .«JU Kenneth ■n i64 words
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DEALS DONE ON THE SES
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Article89 1979-02-02 10 Striking price* of the options officially listed on the Stock Exchange of Singapore yesterday. the period, bids and offered prices and business done if any. with the number of options traded shown in brack ets. ,nSS re < M rch (0.638 0.725) Ham* F E (March 11.45) (0.51889 words
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Article43 1979-02-02 10 1,12* 1/8/80 (250.000) (99J28 99J25) 4 a/4* 16/9/80 (250.000) (99.528 99 806) I*4*l (250.000) (99.658 99.748) 5* T F 1/6/83 (250.000) (100.108 *****6) 5 3/4* T F 15/6/81-84 (290.000) (102.306) 5* 13/11/84 (290.000) (100.008 100.096) 7* 15/4/85 (250.000) (100.808 100 JOS)43 words
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Article1792 1979-02-02 10 BID and offer prices officially lilted and business in and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets In lots of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "sett". Big Board deal1,792 words
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Article, Illustration587 1979-02-02 10 SIGNB of hesitancy were noted la the moderate trading recorded yesterday maralag at the Stack Exefcaage of Siagapore. However, sa halaace, the market ciooed aboat evea. Operators aad laves tars tsraed rather eaatloas after a rattle attempt at rtilNt raJty dariag tke ntr hoar587 words
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557 1979-02-02 10 NYT YOU'RE A customer of a brokerage house and you follow the market closely. Last week, you bought 100 shares of the Northern Trust Corp at $39.90 a share, or a total of $3,990. At the same time, your wife, knowingNYT - 557 words
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Article141 1979-02-02 10 SINGAPORE UNIT T*U8T (Mi-|w' prima tar M t) The Commerce 2.* 2.40 The Saving Fund 1.41 1.S0 S pore Prof Fund 1.00 1.06 S pore Sec. Fund 1.84 1.96 S pore Invest Fund 1.30 1.38 INCOME NMD UNIT (Carrot prices) Income Bond 1.12 1.18 MARA BUMIFUnLA FUND (Ma-gW141 words
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Article2598 1979-02-02 10 Last Cr's Cr's Nat 1978/78 Company Div Div Y*ld P/E Vol Dav High Low Sale or- CVr (•000) High Low SECTION ONE INDUSTRIALS 272 132 Aetna 220 4 12.0N 15 54 23.9 2 220 218 180* 123* Alcom 185 10.0 22 5.4 127 17$ 107 Allied Choc2,598 words
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Page 10 Advertisements
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Advertisement122 1979-02-02 10 B rTTFI 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. Do you have the qualification to fulfil any of these roles? If not then122 words
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COMPANY NEWS
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Article, Illustration856 1979-02-02 11 JIMI NGOH - By JIMI NGOH THE NEW Straits Times Press is well poised for better performance in the current year ending Aug. 31, 1979, after taking off from last year's solid growth which saw profits increasing by almost half as much. This is the856 words
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Article, Illustration576 1979-02-02 11 ANTHONY TAN - A 83pc PRE-TAX JUMP By ANTHONY TAN KHONG Guan Flour Milling is apparently not too happy with its results despite an 83 per cent jump in its pre-tax earnings at the half-way mark ended Oct 31, 1978. Khong Guan's grouse is centred largely576 words
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Article224 1979-02-02 11 Current Ex Book* Date Total for Total for Payment Date Cloae Payable the year Previous year M T C 30.8% Jan 10 Jan 20 Feb 2 436% 32.1% CCM 30* Dec 19 Dec 29 Feb 5 50% 42.5% M Cement 12.5%(n) Dec 19 Jan 11 Feb 8 12.5%224 words
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Article117 1979-02-02 11 Company Particulars Ex Date Books Close Rahman Hydraulic C AC MBS STP <1975) P. Products Toshiba Nat Iron Bonus Issue of 1 for 2 Bonus Issue of 1 for 2 Rights Issue of 1 for 2 $2.00 per share Bonus Issue of 1 tor 3 Bonus Issue of117 words
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Article189 1979-02-02 11 Daff DtvflipmMl BM: AGM to be held at Ladang Pinji, La hat, Perak, at 2.30 pm today. Malaysia Balidlag Ssciety BM: EOGM to be held at the Board Room, 3rd Floor, Bangunan MBSB, 13/15 Leboh Am pang, Kuala Lumpur at 12 noon on Feb. 7. Malaysiaa Tsbaccs Csmpaay189 words
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Article729 1979-02-02 11 ROBERT METZ - By ROBERT METZ NYT STOCK market analysts often find attraction in historically low price-earnings ratios and in high dividend yields. The trouble with these and other traditional measures is that they compare apples with oranges, or, as Austin Donnelly puts it, cricket and baseball. Mr Donnelly is anNYT - 729 words
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Article446 1979-02-02 11 flacaaa §srex3B». by HOCK LOCK SIEW AS IT tamed lit, UriM Oveneu Baak haa Ma a with ea Beag LMag PV ■uet la (Mr Marti MM itw> tasale far the eeatraillag totereat la "togsiMi Plaaaee (Stofla). Per the rxtfaal.B ef UOB*e eder paM fer srrrptaan kyby HOCK LOCK SIEW - 446 words
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Article103 1979-02-02 11 in reply to a Stock Exchange of Singapore query, said it is discussing with Ngee Ann Kongsi its proposed development of a shopping complex at Orchard Square following planning approval in principle of the project. Yesterday's query by the SES referred to recent press reports that the Kongsi103 words
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Article91 1979-02-02 11 is asking fatlf I Itm ud Steel Mills why it was not immediately informed of the amount of loan stock outstanding. The exchange noted that on Dec 1 there was only $18.66 million of nominal loan stock outstanding as stated by the company. But in91 words
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Page 11 Advertisements
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Advertisement194 1979-02-02 11 On TELEVISION Now r v,' 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. 'Y v I Professor John Kenneth Galbraith presents his views on economics in The Age of Uncertainty. His renown books in194 words
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Article, Illustration844 1979-02-02 12 AFP AUSTRALIA'S protectionist aviation policy is coming under political fire in Australia, coinciding with the alarm expressed by Asean and other nations. As the first low fare flight without Asian stopovers left Australia yesterday, the Australian Minister for Transport, Mr Peter Nixon, confirmed Wednesday'sAFP - 844 words
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128 1979-02-02 12 UPI THREE Indonesian specialists on Chinese affairs said on Wednesday that Indonesia should not neglect China. The specialists also stressed the importance of avoiding overdependence on oil exports to the US and national resilience, because "America is willing to abandon its allies for the sake ofUPI - 128 words
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Article, Illustration104 1979-02-02 12 MR TEH Cheaag Wu has been appelated the Minister for Natleaal Development by the President. His appointment teek effect from yesterday. Mr Lim Kim San, the former National Development minister, took over the Ministry of Environment from Mr E.W. Barker, bat will continue to be104 words
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Article174 1979-02-02 12 AP THE UN committee on global economic issues adopted a statement on Wednesday night calling for more official development aid from industrialised to developing countries. The statement, painstakingly negotiated and agreed to without a vote, focused on the UN General Assembly's standing goal forAP - 174 words
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Article787 1979-02-02 12 LONDON, Thurs. The market closed quietly mixed with thin trading accentuating rises in some equities, dealers said. At 3 pm, the Financial Times index was up 0.5 point at 468.2. Government bonds were depressed by fears of an increase in interest rates and closed up to 1 1787 words
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302 1979-02-02 12 SINGAPORE-BASED factories have embarked on an intensive house-to-house drive in Johore Barn to recruit workers for their factories. These factories, or the employment agencies assigned by them to do the recruitment, have been distributing phamplets or leaflets in the various housing schemes in302 words
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Article, Illustration407 1979-02-02 12 UPI AYATOLLAH Khomeini, patriarch of Iran's 32 million Shiite Muslims, returned triumphantly from 15 years in exile yesterday, and called on Premier Shah pur Bahktiar to resign and all foreigners to leave Iran. "This is only the first step," Mr Khomeini told Muslim clergymenUPI; UPI photo - 407 words
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Article131 1979-02-02 12 Reuter IRAN hM uked Britain for folks on foe possible suspension or alteration of defence contracts worth more foaa £1 billion (S$4.S billion), informed sources said. The sources said the reqnest came from the government of Iran's new Prime Minister Shahpnr Balthtfor, bat they could not say whenReuter - 131 words
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150 1979-02-02 12 AFP JAPAN'S new trade troubleshooter has advocated the improvement of the country's distribution system and the simplification of import procedures as means to attain a fundamental solution to trade problems. In an interview with the Kyodo News Service published yesterday, Japan's ambassadorial representative forAFP - 150 words
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Page 12 Advertisements
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Advertisement135 1979-02-02 12 IT PAYS TO CONSULT INDC6UEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Today we are quoting the following for Singapore Dollar terrr deposits up to *****.000 1 month 5V«% pa. 3 months p.a. 6 months 6V«% p.a. 9 months 6V«°/o p.a. 12 months 6Vj% p.a. Savings 4V«%p.a. We also135 words
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Advertisement355 1979-02-02 12 The Li F E| Library Of Photography helps you to see great picture possibilities -all around you... > w-■w rr~~r- t H f ik N 1 n The Life Library Of Photography Each volume measures 10*1* x 10' I* inches (26 x 26 cm). Hard cover, silver stamped black cloth355 words
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Page 12 Miscellaneous
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Miscellaneous56 1979-02-02 12 Outlook for Singapore from 6 a.m. to noon today: Fair. Report for 24 hours prior to 7.39 p.m. on FEB lat the airport: Maximum temperature 31.9 Associated humidity 66 Minimum temperature 23.1 Associated humidity 97 Hours of sunshine 8.50 Rainfall in millimetres nil Total rainfall for the month nil Total56 words
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SHIPPING TIMES
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PORTSIDES
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Article77 1979-02-02 13 SHIPPING movements at the Port of London Authority's enclosed docks are gradually returning to normal. A PLA spokesman said although major riverside berths still face cargo clearing problems, smaller berths are rapidly clearing. Picketing has ceased at the Royal Group of docks and has eased drastically77 words
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Article109 1979-02-02 13 Reuter ONE of the two shipping lines plying between the Pacific Island of Guam and the US west coast recently announced that it was stopping its service this year because of financial losses. Matson Navigation Company president, Mr R.J. Pfeiffer refused to disclose the firm's losses, but saidReuter - 109 words
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Article62 1979-02-02 13 Reuter THE upper Mississippi River has been fully reopened to barge traffic but some barge tow size restrictions remain, a coast guard spokesman Restrictions against northbound traffic and night-time travel, which remained in effect when the nver was reopened to southbound traffic on Tuesday afternoon, were lifted lateReuter - 62 words
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553 1979-02-02 13 GOH ENG KEE - By GOH ENG KEE TWO member lines of the Far Eastern Freight Conference who have been operating a joint break bulk shipping service from the Far East to Europe for the past seven years have decided to go their own way. Ben Line553 words
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Article, Illustration258 1979-02-02 13 V OS PER Siagtpm, the Republic's Up military craft bailder, will lanach twa patral beats vaiaed at same $4 milliaa far the Rayal Brunei Pallcc at Its Taajeag Rbs yard today. The twa faat water-Jet baats ef 18 metree la leagtb will be the largest la service258 words
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2147 1979-02-02 17 SHIPPING LIST where your ships are due and when SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port2,147 words
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Article573 1979-02-02 17 Skipping Llae Page Cat HMpptag Liae Page CM ACS n 5 Afea IV 3 Lord Stm IV 3 Aguila Alpac IV IV 2 5 Lu Lucky Line n V 2 4 Angkutan IV 3 Lykes m 5 ANL APL Arya Nat ASCL Asia Merchant Atlas Atlantic Int. i m573 words
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Article1013 1979-02-02 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and is subject to change 4 (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises during1,013 words
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Article884 1979-02-02 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Aconas Line— Aconas Sdn. Bhd Adriatic Container— Container Feeders. AFEA Line— Singapore Shipping. Aguila Oriental—Same. Ahli Shipping— Sharjah. Alfred C. Toepfer Line— Intermodah Algerian National Line (CNAN)—Unipacific. Alpac Line—lntrasea.884 words
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Article, Illustration755 1979-02-02 18 ASIA MARINE '79, opening on February 6 at the Hyatt, has an enormous problem in hand how to get a huge Finnish ship propeller weighing over two tonnes up to the exhibition hall. The propeller, an exhibit of one of Finland's five shipbuilders reflects755 words
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Article197 1979-02-02 18 UPI A SIGNIFICANT item of news on a still subdued freight market was the reopening of the Mississippi River where grain barge traffic to the US Gulf ports had been halted by ice blockages. Possibly, resumption of grain supplies will ease recently experienced stemming difficulties and expand enquiryUPI - 197 words
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Article, Illustration341 1979-02-02 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Aliakmon Pioneer (after Ragna Bakke)3B 39 Asean Promoter (0800 after LCT Sarwaguna Tiga) 22 Iweri (0700) 24 Kota Bakti (0700 after Kota BintangO 10 11 Kota Singapura (0800) 42/ 43 Nan A (0700 after Kyuta Maru) 27 28 Palm Sea Horse (0400)341 words
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Page 13 Advertisements
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Advertisement381 1979-02-02 13 Scan Dutch V Fast and Regular Service To/From N.C./SCAN/W.MED./U.K. Singapore Tel *****1. Port Kelang Tel *****1 Kuala.Lumpur Te<" ***** Penang Tel ***** X -u. 4$ FULLY CONTAINERISED SERVICE FROM EUROPE (VU SUEZ) lOCATOR 101 OMENTA!. CHEF 12E* HUONG CONTAMR 13E OMNTAI RESEARCHER 6E S SEAS BRDGE IX mptum coma he381 words
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Advertisement248 1979-02-02 13 T san;§ SEALORD ||J ANTAH M UASC UNITED ARAB SHIPPING CO (SAG) All vessels ***** DWT, 105 TON H.l. Derrick I 288 TEU Capacity, Long Length Capability. ARABIAN GULF WEEKLY SERVICE Vessel I S pore I Loading for TABUK 11/2 Kuwait (22/2). Dammam (2/3) Abu Dhafo (4/3). Muscat (6/3) BN248 words
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Advertisement248 1979-02-02 13 k m NEPTUNE ORIENT UNES LTD FUUY CONTAINERISED SERVICES FAR-FAST T CONTAINERISED SERVICE ff uomt Hint It dan Hbwf Brtai Ft* 21 FA 22 Ft* 24 FA 25 FA ft V ft* »Ma 5Ma Ma> lib 4 Mar ft* 22 FA 15 M* 11 Ma 12 Ma 14 Ma IS248 words
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Advertisement158 1979-02-02 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore Tel 919C11 Port Kelang Tel *****1 Kuala Lumpur Tel ***** Penang Tel ***** MAERSK LINE f»US U« t mt £a* J»» fc*«> *UUV COWTAINCWIffD fAST PWECT WEEKLY 12/1 M/t fcwifcw* Wapore Clown *CY 4 Feb 0/00 hrj *CFS158 words
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Page 14 Advertisements
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Advertisement799 1979-02-02 14 Hapag-Lloyd FULLY CONTAHERtSH) TO EUROPE I Spore PKelanfj City oI E Anburfti Tot* Eipress Osaka Bi< Eke Mare Bwiw Liverpool by Thames Maru <o«toon Bay Kamakura Maru Bremen Eipress 6? I J 13 7 IS 2 22 2 24 2 >8 2 4 i S3 9 3 11 3 II799 words
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Advertisement524 1979-02-02 14 barber blue sea Fimc US ATLANTIC US CULf I EAST CANADA Mar 14/15 Mar 20 Mat 21 Mar 23 Mar X Mar 11/19 to Ma> 21/22 Apr Mai 27 ftp, Mar 21 «pr Mar JO M 2 Apr !4 Apr 30 2 Man »*2» 1 May I May 13 Neit524 words
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Advertisement604 1979-02-02 14 EVERGREEN LINE (EVERGREEN MARiNF CORPORATION! AR EAST/RED SEA. MEDITERRANEAN EXPRESS FULL CONTAMER SERVICE ALSO ACCEPTWG CARGO FOR GENOA lATTAMA. BEIRUT ALEXANDRIA. BENGHAZI TRIPOLI (LfiYA) 5 part 'MM Part Satf tanas*4 lafbare Fa» JJ}\ w.Nap» (F* llfik KF* ZSFiI 1M» ?Na I *hr re. Maitff »Fab 22 Fab 2t Feb lib604 words
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Advertisement767 1979-02-02 14 Everett Lines Burma Fiv« Star Sfcippw« Corpn. "BURMESE NATIONAL LINE' y V LOMMt KM UMGOOM BFSSC Agents m MpUy*a TEPS MALAYSIA Port Kpipng Tpl (*****66 Ppnpng Tpl *****/***** Compaoia Argentina 0« Piavfacion Intarcontinantai S. A. C.I. F. "ARGENTINE NATIONAL LINE" PATAGOMA ARONTMA Sflgapert P. Ketang Penang 7/10 Feb 11/IM*" 13/14767 words
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Advertisement562 1979-02-02 14 fIO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2 102 103 ?IST FLOOR MARINA HOUSE SHFNTON WAY MISTRI ROAD SINCjAPORF 2 TFL *****44 *****70 13! SANKYO LINE AUSTRALIA SERVICE YUE MAN MAT BREEZE TWEE STAR.. P. KeUnj Saifapore Lwdnf tor: b Porl 5/6 Feb SVD. MEL. WEI 14/15 F* 12/13 Feb562 words
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Page 15 Advertisements
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Advertisement720 1979-02-02 15 OCL Overseas Containers Limited COWTMCBW Hgg TO UK/COMTIPIT: by m EMargn lota Eipress OsaAa Bar EfeeMaia IVUMKI LntrpM Bay Tuanwj Ma>> Kowtam by lam Le A'werp It Ha»r« 4 MX 7 Mar 1? Mai 15 Mar 21 M» 24 Mar 23 Mar »lb 30 Mai 3 Apr 7 Apr 10720 words
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Advertisement728 1979-02-02 15 GRANARD LINE KLIARE ft OCPOOMU NON-CONFERENCE EXPRESS SERVICE WEST BOUND-FAR EAST/MEDITERRANE AN S pare Plata! Penang tulmt tar: MV KNOW FUNG V 23M 7 Feb 9 Feb MM P S*d Aiaandria Lattatia MV MAN Ml V 22W 22 Ft* 24 Fob Fit Dtftwt, Md* P Sad Aieiiandha Beirut Lattafctt/ Anmm/728 words
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Advertisement806 1979-02-02 15 n*> BEN LINE CONTAINERS EXPRESS CONTMQ SOW*X TO/FROM EUROPE H BURG B HAVEN Spore P Ketang W Germany Aastria FROM EUROPE HBURG BHA*N ROAM HAVRE SOTON W Cmwi Aastru Beoeiui France M UK P Ketang Osafcaßay SjM SaM SaM SaM 1/2 hum SaM M bM tiM U/2 Thaws Mara SaM806 words
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Advertisement544 1979-02-02 15 Scan Dutch V L?i *Vi Ifrfl i: I »jfc frl.Tl l| »7i I] ;#ip Fate* kw PUm mm n—MCI MM M MOVTM 00—1 4/2 MUM* IMK.EIII 11/2 aim 11/t hut fwcqu nn immm aunt vi mm FKWXSCI 11/1 ft KM ELLMOU U/l Hutuci a/) □IAMOM 1/4 TOT MM v« iv«544 words
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Advertisement443 1979-02-02 15 GUTHRIE BOUSTEAD Se G S THE BANK LINE LTD LOADS FOR E I S. AFRICA s i) n ift f 2He» FROM (AST t SOUTH AFRO P ilOtrt Spcxr 11/UF* P A*a«27 H Feb Spo-f 27/TIF* EXPRESS SERVICE MRECT FROM SMGAPORE TO NEW ORLEANS. MOHLE. HOUSTON. GALVESTON ALSO ACCEPTMG CARGO443 words
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Page 16 Advertisements
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Advertisement886 1979-02-02 16 K LINE KAWASAKI KISEN KAISHA. L H.;k, )f f f ■S M '-H TO EUROPE MI Havre dam H'burg S 21 Frt 22 Frt 24 Feb > 27 Frt 28 Frt 2 Maf 10 MUr 11 *U' 13 Ma' 3 17 Mai 18 Mar 20 Ma< 25 Frt 27 Frt886 words
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Advertisement851 1979-02-02 16 U.S.A./EAST CANADA SERVICE ACCEPT* FCLACL CONTUOS FROM PENANG. P KELANG. STORE Load* tar KM TOM MOWOIK WMWWMir («a*-»sa) 'iTiifcr 26/21 Frt 24/2SFrt n/ni* E.C./GREAT LAKES SERVICE Load* tar NORFOLK. NEW TOM. MONTH AL TORONTO ASHTABBLA. DETTWT CMCMO P«ung Betavan P Kelang S"W«< CALIFORNIA/PACIFIC NORTH NEST SERVICE Loadng tar: LOS MOILES851 words
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Advertisement400 1979-02-02 16 r. r 'KM H I• 4 M 1 I > SINGAPORE SHIPPING AGENCIES PTE LTD S ut Nfc -5 A M AH AHSM.t' AH, t A«tiOS*« "Y >g, SIM.M'OKI ISI. I AAV V MIDDLE EAST REGULAR LINER A SAFE WAV TO SHIP BY SSA Ott R*paM Cmtmm Uatt «ur con400 words
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Advertisement510 1979-02-02 16 MM® MAI+YSIAN HTtKHATtONAI SHIPPING COPPOPATK3N BEPMAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA IK3T BOIWfr Aha Acceptmi for I) Barcelona Genoa 2) Amsterdam Antwerp I Htrt Bilbao Basle UK 3) Brenen Bremenhaven Aarftns Copeatmm Helsinki 4) Malmo Stockholm Oslo 'Accept** Iww C4T|C lor teed* na port EAST BOUHfr 1) bUmc Stockholm510 words
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Advertisement726 1979-02-02 16 INTRASEA (PTE) LTD. IUUI F ,it>pr Housp JiJfc 0' 'i.rC Ro.ic Sf-qapo'f 0 Telephony Cr* D saa/Fuu contmo service to europe scmmnmi n Nk 17 Feb aito n mm u«n'iM«i i- mttsu <piR iid nuti i aoans iww no swew t nuns -mm mm mmn i ana onus —n— an726 words
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Page 17 Advertisements
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Advertisement308 1979-02-02 17 EGYPTIAN INTERNATIONAL LINE (EIL) EGYPTIAN FLAG FAST AND DRECT LINER SERVICE TO EGYPT (PORT SAD ALEXANDRIA) STORE FT KEL ftNANG PT SAC ALEX iU fe» 1) Mar IS Mir 31 Mar S Mar 29 Apr IS Mir 10 *3 **20 Stfbjtd nducement JptTRANS CARGO PLEASE COMTACT SCHENKEft SINGAPORE TEL *****11308 words
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Advertisement275 1979-02-02 17 <5 Seatrain Full Container Service to USA Full Container Service from USA HOTtO E/C GULF OAK I* HK FEEDQI VSI STOK S*ttran fmcelon I«ka Yo» 138 20/12 21/12 29/12 2/1 23/1 Eipreu 13/2 Agents: Optorg Shipping Singapore: *****44/*****82 K.Lumpur: *****3/*****3 Panang: *****/*****. ti BOUND LOAOWG FOR MUSCAT. DUBAI ABUOHABI, BAHRAIN275 words
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Advertisement287 1979-02-02 17 ...ETD t MARCH ACCEPTMG PALLETISED BREAK BULK CARGO FOR AfAPA ft PORT HA*COURT AND ALSO CONTAINERS FOR DOUALA. ABOiAN MONROVIA AND TTMA FRATA SHPPING PTE. LTD SMGAPORE TEL: *****04 T &mui EXCLUSIVE LASH SERVICE TO U.S. ATLANTIC GULF Fna* P. UriMC Ohm On* SJ*H GKIN HARBOUR* 11/U C& Ctau4 2287 words
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Advertisement250 1979-02-02 17 NOTICES <i THE BEN LINE STEAMERS BULK SERVICE FAR EAST FOLLOWINQ THE ANNOUNCEMENT OF THE TERMINATION OF THE BEN/EAC JOINT SERVICE THE BEN LINE, OF EDINBURGH. ARE PLEASED TO ANNOUNCE THE ESTABLISHMENT OF A BULK SERVICE FROM THE FAR EAST AND INDONESIA TO EUROPE THIS SERVICE WILL BE MANAGED BY250 words
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Advertisement56 1979-02-02 17 m.v. "K Y R A" VOY: CH arrived 28th January, 1979. at P.S.A. Godown No*. 42/43. General Survey of damaged cargo ex the above vessel will be held on Monday sth February, 1979. as from 9.00 a.m. to 5.00 p.m. No further survey will be held after this date. Agents:R.56 words
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Advertisement89 1979-02-02 17 TH TTT THE BEN LINE STEAMERS LTD OF EDINBURG AND THE EAST ASIATIC CO LTD OF COPENHAGEN WISH TO ADVISE THE TIMBER TRADE THAT THEY HAVE DECIDED TO TERMINATE THEIR JOINT OPERATION. ACCORDINGLY THE FINAL JOINT SERVICE VESSEL WILL BE "GOLDEN ORIOLE" WHICH IS ABOUT TO LOAD IN SOUTH EAST89 words
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