The Business Times, 1 January 1977
1977-01-01
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section11 1977-01-01 1 BUSINESS TIMES M.C.(P) 300/1/77 SATURDAY, JANUARY 1, 1977 50 C ENTS11 words
-
NEWS IN BRIEF
-
Article41 1977-01-01 1 BUSINESS Times will not be published on Monday. Publication resumes on Tuesday. Owing to last night's early press time, London stock market and metal quotations had to be omitted. The paper wishes its readers a happy 1977.41 words
-
Article51 1977-01-01 1 PEKING, Fri. Bangladesh head of government, Mr. Ziaur Rahman arrives here on Sunday, the first top-level visitor from his country since Peking and Dacca established diplomatic relations last year. He will be in China for about four days and may conclude a trade agreement, diplomatic sources51 words
-
Article77 1977-01-01 1 Reuter MANILA, Fri. The Philippines will end the year with an overall balance of payments deficit of US$l5O million (SS36B million) against a massive $521 million deficit in 1975, Central Bank governor Gregorio Licaros said in a preliminary end-year report released here today. He said the deficitReuter - 77 words
-
Article73 1977-01-01 1 AP BANGKOK, Fri. Police throughout Thailand have been placed on general alert to maintain law and order over the New Year holidays, especially in provinces infiltrated by communist insurgents, police said today. The alert will remain in force until Monday, the wedding day of Crown Prince Vajiralongkorn whenAP - 73 words
-
Article54 1977-01-01 1 MR. QUEK Teow Chuan, who was originally to have stood as a United People's Front candidate in last week's election, has filed a $70,000 suit at the High Court against the party's secretary general, Mr. Harbans Singh, and another party member, Miss Ang Bee Lian. Mr. Quek is54 words
-
Article41 1977-01-01 1 Reuter VIENTIANE. Fri. Six Thai patrol boats shot up the Laotian village of Ban Done, causing heavy casualties, Vientiane Radio said today. Some two thousand shells and bullets were fired in the incident 11 days ago, the radio added.Reuter - 41 words
-
Article48 1977-01-01 1 Reuter PENANG tin market sources said they believe the International Tin Council (ITC) buffer stock manager sold over 100 tonnes of metal in the past two days to hold the Penang price below the ITC's. M$ 1,325 a picul ceiling fixed on Dec 9. Reuter.Reuter - 48 words
-
Article48 1977-01-01 1 Reuter PLAINS.Fri. President-elect Jimmy Carter said here yesterday he would have a summit meeting with Soviet leader Leonid Brezhnev in 1977. But Mr. Carter said not date or location had yet been decided. "We will get together in the coming year." he said. Reuter.Reuter - 48 words
-
-
Chief Price Changes
-
Article, Illustration181 1977-01-01 1 THF. Slock Exchange of Singapore yesterday ended the year on a steady note in moderate trading. Moderate gains were seen in most shares, with buying support particularly strong among the lowerpriced issues. The Business Times index rose 3.39 points to 272.45 while the Straits Times Industrial average181 words
-
Article133 1977-01-01 1 Rises Most active Carlsberg $3.54 .18 Sime Darby 170.000 N. Iron S3 80 .10 Inchcape 146^000 Pacific Dev. $0.80 .094 Central Sugars 121"000 Prima $2.54 .09 Pan Electric nn rton Gentings B. Kawat K G Holdings O.C B.C. B Raya Dunlop Ind. K.L Ind Matsushita Pan Elect.133 words
-
-
810 1977-01-01 1 ANTHONY ROWLEY - Options investors are raring to go ALL PREPARING FOR THE BIG DAY By ANTHONY ROWLEY THE decision by the Stock Exchange of Singapore to launch a pilot scheme for trading "call'' options on Feb 1 has clearly fired the imagination of the local investment community. Stockbrokers, fund managers and bankers810 words
-
168 1977-01-01 1 KUALA LUMPUR, Fri Tin-producing countries are making a Joint effort to try to convince Bolivia of the importance of ratifying the Fifth Agreement. Representatives of the major producers have been meeting in London to urge Bolivia to change its mind; Bolivia was represented at168 words
-
447 1977-01-01 1 THE government has scrapped its special incentive for banks to extend loans for new residential properties. Under the incentive, introduced two years ago, banks could include mortgage loans for the purchase of new residential properties as part of their liquid assets, up to two447 words
-
Article459 1977-01-01 1 HOTEL Merlin Singapore announced yesterday that it has accepted a $30 million syndicated loan comprising a $22 1 2 million six-year term loan and a $7 4 million overdraft facility. The term loan will be provided by the Development Bank of Singapore ($74 million). The Hongkong459 words
-
Article147 1977-01-01 1 KUALA LUMPUR. Fri. After two years of haggling, Malaysia, Indonesia and Singapore liave reached accord on the limitations of the draught of ships passing through the Straits of Malacca and Singapore. This is considered a mujor breakthrough in paving the way for Implementing a traffic separation scheme in147 words
-
236 1977-01-01 1 HOT on the heels of Its reverse takeover of Ben. Straits Steamship has reached agreement to acquire a substantial stake in troubled William Jacks (Malaya) which had a group pre-tax loss of M 52.31 million in the year ended June 30. 1976. Steamers is236 words
-
Article139 1977-01-01 1 SHAREHOLDERS of Ben yesterday approved the company's merger with Warehousing and Transportation. a wholly-owned subsidiary of Straits Steamship. The merger. In effect a reverse takeover, gives Steamers a 64.1 per cent Interest in Ben's enlarged Issue capital of 33.63 million 40-cent shares. Under the terms139 words
-
Article83 1977-01-01 1 THE Public Utilities Board expects to spend a record $382 million this year on capital development projects, financed mainly from loans and suppliers' credit. In income and expenditure estimates for the year, the Pt'B expects a net revenue surplus of $1.1.1 million, enough only to finance .1.483 words
-
286 1977-01-01 1 KUALA LUMPUH, Fri. The Malaysian Prime Mini* sler, Datuk Hussein Onn, expressed confidence tonight that 1977 would bp bright for Malaysia, given belter commodity prices and a more dynamic private sector. He reminded Malaysians, however, thai this high expectation can only be286 words
-
502 1977-01-01 1 PRIME Minister Lee Kuan Yew yesterday said that if there is a slowdown in new factorieg or extension of existing ones, then new jobs will be less easy to get by the end of this year. However, he added, if the investments502 words
-
127 1977-01-01 1 OVERNIGHT interest rates in the interbank money market yesterday shot to a record high of 15 per cent on Liability Base Day, which normally sees rates at around the par level. Dealers attributed the rise to seasonal year-end "window dressing" by the lending banks. It127 words
-
Page 1 Advertisements
-
Advertisement32 1977-01-01 1 _,(;'^>^|*&><>_'.\{[<%_]+&]:*|= INSIDE Market reviews/TV Overseas stocks P7 Radio P2 Commodities P8 Overseas Transport Comnews/Features P3 munications PS Local/International Co Features PlO news P5 Reviews. Pll Local stocks P6 Local Overseas news Pl 232 words
-
Advertisement62 1977-01-01 1 We are the Rolex people in Singapore Come and see us! If you are thinking of investing in a Rolex, see our fabulous range of fine watches at Eastern Watch Co. OFFICIALLY APPOINTED DEALER 285 South Bridge Road. Tel *****/***** Ground floor, Peninsula Shopping Centre, Coleman Street. Tel *****9 Ground62 words
-
Advertisement102 1977-01-01 1 (%-)"$}`(^=":->;;@_]+)\$|*[[[`. 1 SPXGIAIIGRUISES L k l -A. L A L A L. A \m) On board the m.s. Rasa Sayang you'll find fantastic entertainment for all three weekend cruises, and the Chinese New Year Cruise, featuring a host of top international artistes. Dancing till dawn. Mouthwatering Asian/European food and lots102 words
-
-
MARKET REVIEW
-
Article303 1977-01-01 2 Reuter RENEWED interest In oil stocks was the main feature in an otherwise subdued and truncated week's trading on the Sydney Stock Exchange. On Wednesday, turnover in oils surpassed mines and industrials, a rare occurence, according to observers. The strong rises in Wood-side-Burmah, Santos, AAR and Ampol Exploration triggeredReuter - 303 words
-
Article468 1977-01-01 2 THE Stock Exchange of Singapore this week ended on a firm note with generous gains accruing to the second and third liners. Much of the buoyancy noted in the last two days of the week and year was attributable to bargain hunting. Until the closing bell yesterday, trading conditions468 words
-
357 1977-01-01 2 RONALD LAM - Cdiftptfirf fey RONALD LAM OTHER ANNOUNCEMENTS Bousteadco Singapore has purchased 65,000 M 50.50 shares of Boustead Holdings at .553.20 each from Mr. J.H. Dalgliesh, a former director of both Bousteadco and BHB, and who has retired from both appointments on May 31,357 words
-
Article408 1977-01-01 2 THE Kuala Lumpur Stock Exchange ended this week and 1976 on a firm footing, with shares making a year-end spurt. However, most of the attention in the last three trading days was turned on the lower-priced issues which made the most headway. Apart from the implementation of the408 words
-
Article678 1977-01-01 2 LONDON: The old year went out on the London market In an astonishing bout of optimism and hope. The Financial Times index climbed above 350 on a modest burst of buying as the institutions "windowdressed" their end-year balance sheets and hopes rose of another cut in minimum lending rate678 words
-
LOOKING AHEAD WITH HOPE
-
Article202 1977-01-01 2 IVAN FALLON - By IVAN FALLON THE lame duck of British industry, British Leyland, now owned by the state, revealed this week that it was not quite so lame after all. In Its first full year under government ownership, the company will make a profit of between202 words
-
Article213 1977-01-01 2 BP this week topped yet another height its shares crossed through the £8 barrier to make them one of the best performers of 1976 and one of the most sought after stocks in the world. The market is greatly relieved that the Government has put back its213 words
-
-
Article242 1977-01-01 2 Gilts the new glamour stocks 1976 MAY go down as the year the great 35-year bear trend in gilt-edged stocks ended. Interest rates, hiked to record levels, of course forced prices ever lower but the institutions positively ladled money into the sector and in the dying weeks of the old242 words
-
Article52 1977-01-01 2 UPI TOKYO, Frl. Plant and equipment Investment by Japan's steelmakers In fiscal 1977, the pacesetter for private equipment Investment, will drop markedly from this year's level, ac- cording to steel industry sources. Equipment Investment by Nippon Steel and other leading steel mills has been on the rise inUPI - 52 words
-
295 1977-01-01 2 Reuter PARIS, Frl. The French clothing and textile industry will be threatened with more redundancies and short time working if no action is taken to control clothing and textile imports, president of the Clothing Industries Union, Sammy Weinberg, told Reuters. A textile Industry spokesman addedReuter - 295 words
-
Article177 1977-01-01 2 UPI WASHINGTON, Fri. Prices for raw farm products rose three per cent in the month ended Dec 15, breaking five months of decline, the Agriculture Department reported yesterday. In spite of the increase led by higher prices for hogs, cattle, corn, soybeans and eggs,UPI - 177 words
-
146 1977-01-01 2 AP SEOUL, Fri. South Korea and Hongkong, which may be especially hurt by Canada's recently-Imposed global import quota system against textiles, have agreed to join forces in negotiations for the removal or easing of the restriction, Korean officials said today. The two also decidedAP - 146 words
-
Article212 1977-01-01 2 AP DETROIT, Fri. US motor vehicle production in 1976 climbed 29 per cent over the previous year, to 11,469,081 units a recovery expected to carry over into 1977, Ward's Automotive Reports said yesterday. The car industry is expected to scale down production during theAP - 212 words
-
111 1977-01-01 2 AP PARIS. Fri. Saudi Arabia announced yesterday that vessels more than 15 years old as of Dec 1, 1976, will no longer be unloaded at its congested ports except under special conditions. The ban was announced in a full-page advertisement in the newspaperAP - 111 words
-
130 1977-01-01 2 UPI TOKYO, Fri. Mitsubishi Heavy Industries' Nagaski Shipyard has been suffering from the prolonged economic recession, and it is seven months since the last VLCC (Very Large Crude Carrier) on the shipyard s order books took to the water from the Mammoth dock ofUPI - 130 words
-
-
Page 2 Advertisements
-
Advertisement442 1977-01-01 2 hi have only one face make the best of it. Advice from Business Times. If your corporate face isn 't as good as it could be Business Times can help change it for the better. Few people place their trust in a total stranger. This has to be one of442 words
-
-
Page 2 Miscellaneous
-
Miscellaneous359 1977-01-01 2 SINGAPORE 5 A.M. Opening Announcements followed by Animation Special "The Selfish Giant'' 0 Holiday Matinee "Caprice" 0 Starring: Doris Day, Ray Walston, Richard Harris, Lilia Skala Hello '77 (r) 0 Sesame Street Lucy Gets Lucky 0 Bob Hope Champions All Sandiwara A Malay drama entitled "Rindu Kaseh" (r) Joe Forrester359 words
-
-
OVERSEAS
-
268 1977-01-01 3 MIAMI, Frl. A Miami beach leasing firm paid more than US$5OO,OOO (S$ 1,200,000) for 13 Rolls Royce sedans and one convertible yesterday in what the seller, Brahman Cadillac of Miami, said was the largest single sale of Rolls Royces in the United268 words
-
294 1977-01-01 3 Reuter ROME. Fri. The Bank of Italy will revise the valuation of its gold reserves every three months on the basis of market prices. Treasury Minister Gaetano Stammati said. The capital gain accruing from the gold revaluation will be used to coverReuter - 294 words
-
141 1977-01-01 3 AP PARIS, Fri. Two major French oil companies will buy 33 per cent more Saudi Arabian crude oil under a new three-year agreement effective at the beginning of the New Year, informed sources said yesterday. The new agreement provides for direct purchases ofAP - 141 words
-
Article, Illustration515 1977-01-01 3 LONDON, Friday THE industrialised world next year will have to reassess the targets It set itself in 1976, Chancellor of the Exchequer Denis Healey said in a New Year message in the Financial Times newspaper. Mr. Healey said most government have been revising downwards515 words
-
Article264 1977-01-01 3 LIMA, Friday Reuter PERU'S Air Force has bought equipment from the Soviet Union in what is believed to be the first arms deal of its kind in Latin America outside Cuba. President Francisco Morales Bermudez told journalists at a press conference last night that the dealReuter - 264 words
-
229 1977-01-01 3 AP. NEW DELHI. Fri. The Indian Government yesterday, reported a 10.9 per cent increase in industrial production for the first nine months of 1976, compared to only 3.6 per cent for the same peiod last year. Government economists expressed confidence that industrial productionAP. - 229 words
-
173 1977-01-01 3 Reuter ROME, Fri. Italian unemployment is likely to rise by at least 600.000 next year and Gross National Product to fall around 1.5 per cent because of the government's domestic demand curbs and weaker-than-expected expansion abroad, Industry Minister Carlo Donat Cattin said. He citedReuter - 173 words
-
323 1977-01-01 3 LONDON, Fri. Reuter ROYAL Navy frigates set off today on patrols to enforce the extension of Britain's fishery limits from 19km to 320 km. The frigates, to be backed up by spotter aircraft, will be in position when the new 270.000 squareReuter - 323 words
-
-
Page 3 Advertisements
-
Advertisement182 1977-01-01 3 The magazine for yoifc the Advertiser Do you want to reach her?? This is Mei, late twenties, smart, chic and dete mined just like the magazine she reads, H World. She spends her money on cars, sto and "diamonds for investment" ri she's driving a little white BMW, she tells182 words
-
-
Page 4 Advertisements
-
Advertisement462 1977-01-01 4 How advertisers can mount a campaign aimed at businessmen Tactical information from Business Times 1 3. Shotgun approach beware. Be careful about spreading your message across too many publications. This approach is called the shotgun approach. A secret: Research into readership indicates that readership of advertisements doesn't fall off markedly462 words
-
-
COMPANY NEWS
-
559 1977-01-01 5 THE tough measures taken by Soutn Johore Amalgamated Holdings' new management, which included severance of Its past association with the Mosbert group and stricter management controls, have placed the group on a profitable footing again. For the first six months of the current559 words
-
Article370 1977-01-01 5 Current Ex Date Total lor Total for payment Date payable the year previous year N. Iran Loan 3.5% Dec. 14 Jan. 1 7% 7% K ilio( hall 100% Dec 8 Jan. 3 200% 200% S pore Land 5% Nov. 24 Jan. 3 5% 5% Aokam 18% Nov. 29370 words
-
COMPANY MEETINGS
-
Article20 1977-01-01 5 Cycle Carriage Ltd.: THE following company meetings are due: Jan 22, 12 noon. Mandarin Hotel, 333 Orchard Road. Singapore 9.20 words
-
16 1977-01-01 5 Jan 29, 11 a.m.. 31 Jalan Rlong, Kuala Lumpur.16 words
-
18 1977-01-01 5 Jan 18, 11.30 a.m., 4th Floor Bangunan MIDF 117, Jalan Ampang, Kuala Lumpur.18 words
-
-
Article755 1977-01-01 5 NYT NEW YORK, Fri. The shares of Technicare Corp have see-sawed in the last few trading sessions because of nervousness over competition in the market for medical scanners, the company's chief product, and caution by regulatory authorities regarding the effectiveness of the scanners. Last Wednesday, following newsNYT - 755 words
-
Article1034 1977-01-01 5 On December 30 PRICES on the Chicago Board Options Exchange moved higher, with advances ahead of declines, 365 to 130 on Thursday. Volume amounted to 91,364 contracts, up from 82,468 contracts on Wednesday. OPTION JAN APL JLY STOCK Alcoa 45 UNTRD NOL NOL 57 Alcoa SO 71,034 words
-
490 1977-01-01 5 HONGKONG Tin has Joined the growing list of companies coming under shareholders' fire of late. At issue Is what some shareholders claim is Inadequate information disclosed to them about the company's proposed projects and operations. Hongkong Tin, a UK company which transferred its490 words
-
Article216 1977-01-01 5 HAW Par Brothers International has appointed three new directors effective today. They are Mr. Sat Pal Khattar, a lawyer, Mr. Tan Puay Hee, a director of Overseas Union Bank and an alternate director and member of the executive committee of the Development Bank of Singapore, and Mr.216 words
-
Article154 1977-01-01 5 Reuter WASHINGTON, Frl. The Federal Reserve Board (Fed) revised Its list of over-the-counter (OTC) stocks that are subject to Its margin regulations. The new list, effective immediately, replaces the list of stocks Issued on May 24, and now Includes 967 OTC stocks. The Fed said 169 stocksReuter - 154 words
-
Article86 1977-01-01 5 Reuter PARIS, Frl. Aktlebolaget SKF will offer US$3O million of debentures on the International capital market on Jan 12, Morgan Btanley International said as lead manager. The bonds, due Jan 15, 1987, will carry a sinking fund from the first year and will have an average lifeReuter - 86 words
-
Article57 1977-01-01 5 PARIS, Frl. Banque Nationale de Paris said It Is seeking US$4O million through a six-year note Issue on the International capital market. The notes carry a floating rate coupon of 0.2S per cent above the London Interbank offered rate for six-month dollar deposits, with a guaranteed minimum of 5.7557 words
-
682 1977-01-01 5 Reuter LOS ANGELES. Frl. There is growing concern among some analysts that National Semiconductor's prediction of higher earnings for fiscal 1977, ending May 31, may not come true. These analysts fear that the company has Just finished a poor second quarter. Furthermore, their previousReuter - 682 words
-
Article202 1977-01-01 5 MONTREAL. Frl. Canadian Pacific Chairman, Mr. Lan D. Sinclair, said the company Is optimistic about 1977 despite the fact It expects the sluggish expansion of the Canadian economy this year to continue throughout 1977. Mr. Sinclair said prospects for CP's activities In transport, telecommunications. resource development,202 words
-
Article147 1977-01-01 5 Reuter PARIS, Fri. Regie Nationale des Uslnes Renault said In a statement overall production was a record 1.66 million vehicles in 1976, 19 per cent higher than 1975 and 17 per cent up on 1973. Renault's share in total 1976 French car production rose to 44 perReuter - 147 words
-
Article108 1977-01-01 5 MELBOURNE. Frl. Emperor Mines said in its annual report for the year ended June 30, 1976, that it may have to close Its FIJI gold mining operations if the world gold price does not rise. Emperor said it needs a price of US$l4O to $150 an108 words
-
Article35 1977-01-01 5 ROME, Frl. The Province of Quebec is making a 100 million mark 1-V* per cent 10-year bond Issue expected to be priced at par, Banco dl Rma said as member of the management consortium.35 words
-
Article36 1977-01-01 5 Reuter LONDON, Fri. The coupon on the Sumitomo Heavy Industries US$2O million Eurobond, due 1984, has been cut to eight per' cent from the 8% per cent originally planned, lead manager Dalwa Europe said. Reuter.Reuter - 36 words
-
-
Page 5 Advertisements
-
Advertisement442 1977-01-01 5 I ar L m -Si 11 Top, 'CON THE GREAT BOOKS OF WESTERN CIVILIZATION These are the books that had to burn. For within the GREAT BOOKS are volumes that hold the ideas and thinking that challenge the fettered mind; the thoughts and theories that have built democracies, withered tyrants,442 words
-
-
Article2026 1977-01-01 6 SECTION ONE INDUSTRIALS 1976 High Low Last Company Sale +orGr'i div Div C'VT Gr'» y'ld Nat P/E Vol cooo) Day High Low 175' 206 100 237 186 402 204 248 460 137 133 172 60 185 66 254 149 172 394 39 Acma Alcom Allied Choc Bata2,026 words
-
Article1030 1977-01-01 6 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "Sett." Big Board1,030 words
-
Article1232 1977-01-01 6 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. INDUSTRIAL* Acma i I 4OS i Ajmamata <1 s7R> Altam i2.2OS> A1,232 words
-
Article204 1977-01-01 6 DECEMBER turnover (in 000) on Stock Exchange of Singapore Units Value Industrials: 30.774 Finance: 6,266 —$22,389 Hotels: 694—11,324 Properties: 5,072 J5.917 Loans: 1,337 —$1,334 Oil Palms: 135 —$129 Tins: 38 —f®3 Rubbers: 699 —f l- 2 G. Total: 45,015 —$87,551 CLOSING TONE: Steady TURNOVER. Official figures supplied by204 words
-
Article159 1977-01-01 6 SlNGAI*ORE UNIT TKl ST (Managers. prico* for Jan. Jl The Commerce 1 75 1.85 The Saving Fund 0 06 1.01 S pore Prog Fund 0 80 0 85 S'pore Security Fund 1.29 1 36 S pore Invest Fund 1.04 1.10 ASIA UNIT TBI'ST (Miinacm prices Tor Jan. .1)159 words
-
Article141 1977-01-01 6 BOTH \/Th I9»l (100.000) (10.T.8 104'.5) l)BSH I/2V, I»K2 (100.000) (100B 101S) DBS Converts 6 1991 (100.000) (98'48 99US) DBS Converts 6 MYk 1991 (350.000 V I)9B'j K I B Vi 19X2 (100.000) (104' »B 104' aS) KIBH l/« 19H3 (100.000) (100 «B 101 -S) 1 B141 words
-
Article159 1977-01-01 6 s'<4 T F 15/4/77 (1.000,000) (101.038 101.13S) 3 3/4"X 15/V77 (1.000.000) <101 158 1Q1.255) ■-.'X T F 15/7/77 (1.000.000) (101.788 101 88S) 3 I/2*X 1/12/77 (1.000.000) (101.618 101.71S) Vi T F 1/3/78 (1,000,000) (103 058 103 15S) I/2"X 15/4/78 (1.000.000) (101 538 101 635) 5 l/4*X 15/7/78159 words
-
Page 6 Advertisements
-
Advertisement207 1977-01-01 6 Alex Josey has long been an observer, recorder and commentator of the Singapore scene. In this new book, he examines and explains the success of Singapore's tripartite alliance of Government, workers and employers. A substantial part of the book is devoted to the full text of fifteen essential labour laws207 words
-
-
Article419 1977-01-01 7 SHARES finished a shade higher in moderate trading at the Stock Exchange of Singapore yesterday. The market was opened, for only one hour and 45 minutes. An initial rally among most of the lower-priced issues met with profit-taking which caused most prices to finish off best. Some419 words
-
Article51 1977-01-01 7 MOST ACTIVE DECEMBER STOCKS: Haw Par International (7,301, 000); Central Sugars (5,826,000); Slme Darby (4,636,000); United Overseas Land (3,735,000); U. 0.8. (2,898,000); Inchcape (2,509,000); Pan Electric (2,155,000); D.B.S. (1,320,000); Harlmau Investments (1,302,000); U.O.L. Loan (1,131,000); M. Flour (836,000); 0.C.8.C. (688,000); City Developments(s74,ooo); Malayan Credit (444,000); and Cycle Carriage51 words
-
161 1977-01-01 7 BUSINESS TIMES INDUSTRIAL GROUP INDICES (BASE YEAR: JANUARY 4. 1971 100) 1975/78 Wf«l ending HIGH LOW INDUSTRIAL CROUP 24/12 11/12 POINT CHANGE 198 51 91.57 AUTOMOTIVE 485 55 195 99 BANKS. INSURANCE. FINANCE AND TRUSTEES 161 45 94 30 CHEMICALS. RUBBER PRODUCTS, REFINING AND SMELTING 240 42 125 83 CONGLOMERATE161 words
-
Article433 1977-01-01 7 SUSTAINED speculative buying support resulted In another round of price appreciations for most shares of the Kuala Lumpur Stock Exchange yesterday. The market, which closed at noon for New Year's Eve, rounded off the week and the year on a firm footing. There are si ens433 words
-
WALL STREET AND OTHER OVERSEAS MARKETS
-
Article1047 1977-01-01 7 NEW YORK: A better feeling among Investors about the outlook for US business helped the stock market to a moderate gain on Thursday. Most of the recent economic news tends to suggest that president-elect Carter will be taking office with the economy entering an expansion phase after a1,047 words
-
Article418 1977-01-01 7 PARIS: The market closed slightly higher on balance after a mixed opening In active trading on Thursday, dealers) said. The (all In call money rates to per cent from 10H per cent and news this week of slight slowing In the rate of inflation In November helped sentiment, they418 words
-
Article271 1977-01-01 7 FRANKFURT: Shares were mixed in hesitant trading on Thursday, market sources said. Leading chemicals were up to 1.10 marks higher while major banks and electrlcals eased the same margin. Motors and engineerings were mostly up to one mark lower, but Demag lost four. Steels were mostly well maintained. Among271 words
-
Article174 1977-01-01 7 MILAN: The market closed irregularly higher at the day's highs after selective buying on Thursday. dealers said Fiat, both Pirelli and Olivetti, Montedison and Anic firmed among leading Industrials, but Snia viscoea eased. In mixed flnanclals Generate laisssMltsre gained 2.75 lire and closed at 136.75 on news of a174 words
-
Article163 1977-01-01 7 BRUSSELS: Prices closed mixed to lower on Thursday, in the last session this year and trading was very quiet with few new positions taken, bourse sources said. Clabeco, Wagons-Lits and Arbed rose while Sidro, FN and CBR fell. Bhares were little changed, Dutch and German fell slightly and U8163 words
-
Article323 1977-01-01 7 AMSTERDAM: The market ended the year's final session on Thursday quietly mixed with an easier undertone. Dutch Internationals lost some ground except fractionally higher Akzo. RSV.on Its naval order, headed gains Including KLM, VMF, IHC, THV and NSU. Banks were firmer Ennia again was very firm In mixed Insurances.323 words
-
Article392 1977-01-01 7 JOHANNESBURG: Gold shares moved generally firmer on Thursday In line with European bullion indications, dealers said Heavyweights gained generally around 25 cents although St. Helena featured with a rise of 150 cents to 2.000. and P Steyn dropped 100 cents to 1,100. In medium stocks. Kinross climbed 20 cents392 words
-
Article266 1977-01-01 7 ZURICH: The market was quietly mixed with an easier bias, on Thursday, dealers said. Leading banks were steady Among Irregular flnanclals. Bally. Interfood "B" and OerlikonBuehrle Bearer edged higher, while Landi* and Scbindler eased In mostly lower Insurances Zurich Registered lost part of Its recent advance. Except for very266 words
-
Article344 1977-01-01 7 TORONTO: Share prices rallied over the last hour of light trading on Thursday and pushed all major indices to moderately higher positions at the close. Advances led declines by a five-to-three margin. Among the major changes. Dupont rose 3/4 to 14-1/4, Hudson's Bay added 5/8 to 153/8. Interpravtedal Steel344 words
-
Article400 1977-01-01 7 SYDNEY: The market closed Its half-day session on Friday generally higher In very quiet trading and thin turnover, dealers said. Wattle Gully rose 2.5 cents to 10 cents following Thursday estimate of uranium In Its gold deposit, while Emperor lost eight cents to 30 cents on news It might400 words
-
Article416 1977-01-01 7 HONGKONG: The market closed mixed in moderately active half-day trading on Friday, after a higher opening, dealers said. Jardine Matheson gained 30 cents to HKSI9 40 and Hongkong Bank 10 to $20.90. while Hutchison and Swire Pacific eased five each to $3.40 and $9.90 respectively. Hongkong Land and Wheelock416 words
-
Article76 1977-01-01 7 I»BC 31 Bahts Asia Fibre 108 Bangkok Bank 241 ♦2 Bangkok Invest 1318 Bangkok-Metro-politan Bank Bala 359 Berll Jucker 1568 Charoong Thai unch Wire 150 Dumex DusltThanl Faber Merlin First Trust Indo-Thal J And J Ho 1«5 unch Jalaprathan 77 unch Cement Karnasuta Lee Kwang Mln Metal Box 4R5S76 words
-
Article89 1977-01-01 7 FINANCIAL TIMES INDUSTRIALS Thursday 351.0 Wednesday 346.1 Week ago 344.7 TINS Thursday 130.70 Wednesday 128.91 Week ago 127.91 RUBBERS Thursday 501.14 Wednesday 501.84 Week ago 501.71 OILS Thursday 432 99 Wednesday 426.87 Week ago 416.41 DOW JONES AVERAGE INDUSTRIALS Thursday 999 09 Wednesday 994.93 Week ago 985 62 LONDON89 words
-
Article39 1977-01-01 7 THE Tokyo and Manila stock markets were closed yesterday. Other markets which were closed on New Year's eve were Amsterdam, Frankfurt Zurich, Brussels and Toronto. The London. Tokyo and Sydney markets will also be closed on Monday.39 words
-
Article239 1977-01-01 7 Reuter ROME, Frl. The Italian Government will provide 90 billion lire emergency aid to cover wage payments for the state mining and metals group Egam. Justice Minister, Mr. Francesco Bonifacio. said. The funds will be taken from the treasury budget under a decree approved atReuter - 239 words
-
Article155 1977-01-01 7 Reuter LONDON, Frl. International Computers (Holdings) chairman, Mr. T.C. Hudson said In the annual report that a healthy order book and added strength from the former Singer Business Machines activities are likely to lead to worthwhile Increases In both turnover and profit In 1977. The high levelReuter - 155 words
-
Article47 1977-01-01 7 WASHINGTON, Fri. Liabilities of US banks to their foreign branches fell US$l.27 billion to $5.18 billion in the week ended Dec 22, the Federal Reserve Board reported. This was $1.05 billion higher than the level of Eurodollar borrowings In the week ended Dec 24, 197547 words
-
-
Page 7 Advertisements
-
Advertisement177 1977-01-01 7 Confront Singapore's decision makers in Business Times For only $3.50 per single column centimetre Business Times, Singapore's new financial daily, offers you the most costeffective medium to reach Singapore's top businessmen. The decision makers of industry and commerce. Politicians, civil servants, the media and more. It's people like these who177 words
-
-
COMMODITY REPORTS AND PRICES
-
Article554 1977-01-01 8 OPENING indications in the Singapore rubber market yesterday were marked down slightly, but, .thereafter, prices advanced fairly quickly on sustained buying and covering support following reports of overnight Continental acceptances, dealers said. January was traded at a high of 195.00 cents per kilo. The morning session closed quiet,554 words
-
Article219 1977-01-01 8 CHINESE PRODUCE EXCHANGE. sincaporenoonclosingprices PKR PICL'L YESTERDAY. Coconut Oil BulksBssellers.olddrum 190 sellers, new drum $95 sellers Copra Mixed (loose) UK/Cont. $54 buyers. Pepper Muntok ASTA white f.o.b. 100% NLW $302 Sarawak white t o.b 96% NLW $281S sellers. Sarawak speclalblackf o.b.96%NLWs2s2sellers, Sarawak ASTA black f ob 100% NLW219 words
-
Article172 1977-01-01 8 THE Straits tin price in Penang yesterday was up $25.50 to $1 ,318.00 per plcul on an official offering down 73 tonnes to 315 tonnes. In London on Thursday afternoon, tin on the day rose by £130 for cash standard and about £141 for Three Months High grade172 words
-
Article31 1977-01-01 8 Rubber: IK-c -11. Singapore: Jun. 111.1.71 eld (up 0.50 rt*> Malaysia: Jan. 200..V1 ct* (up 2.00 c(h) Tin: 51.11 X.00 (up $25.50) Official offering: .115 tonne* (down 73 tonnes)31 words
-
Article275 1977-01-01 8 LONDON, Thurs Copper wlrebars on the day were fully £1 up for cash and unchanged for Three Months. The market held around end-morning ring levels In line with the trend at New York although fresh Incentives were lacking, dealers said. Three Months finished the ring trading at £829 per275 words
-
Article131 1977-01-01 8 The following Palm Oil price* were quoted In London on Thunday The pclce« are elf Rotterdam and are quoted in US dollar per ton unleas otherwise staled Thursday Pwr. Malaysia 5% ffa bulk Jan unch 448 Mr Feb 452 sir 450 qtd Mch 452 ilr 450 qtd i£T131 words
-
Article286 1977-01-01 8 In the Singapore gold market yesterday, the London delivery «old opened at U*****.10/135.60 in line with the firmer trend In European and US gold markets on Thursday. Thereafter, in quiet and featureless trading, the price drifted down to U*****.60/135.00. The London morning fix was U*****.55, down 20 cents on286 words
-
Article120 1977-01-01 8 LONDON, Thurs. Silver on the day was 0.2 pence up to 0.5 pence down. The market lacked fresh feature but values were steady under the influence of gold and the trend at New York. Three Months finished trading at 266.7 pence with sales of 18 lots mainly carries. In120 words
-
Article152 1977-01-01 8 LONDON, Frl. Futures displayed a very steady trend during the afternoon on arbitrage buying Interest which dealers said was encouraged by a higher New York market on Thursday. At the close, values were C 1.90 to C 0.25 up. Sales totalled 1,335 lots. In NEW YORK on Thursday, world152 words
-
Article34 1977-01-01 8 LONDON, Frl. Lead rose by CI for cash and C 0.75 for Three Months on Thursday afternoon. Three was little basic change in values and the turnover of 2,700 tonnes was predominantly carries.34 words
-
Article33 1977-01-01 8 LONDON, Frl. Zinc was CI up for cash and unchanged for Three Months on Thursday afternoon. This metal was also subdued while remaining basically steady. Sales of 2,900 tonnes were mainly carries.33 words
-
Article382 1977-01-01 8 LONDON, Frl. The terminal opened about steady 17 to t'36 per tonne up from Thursday's close with 407 lots traded. Overall trading at the opening call was quiet, reflecting Friday's holidays in Europe and New York and by end-call most positions were closing near to the lows. Mch, having382 words
-
Article112 1977-01-01 8 HONGKONG, Frl. The market was quiet With prices down 30 to 50 cents per plcul. The days turnover totalled 269 tonnes comprising Thais 97, KwanStUngS 110 and A US-i-iTr. to imas OZ. Arrivals were from Thais 662 tonnes, Kwangtung 350 and Australia 322. Thai white 100 per cent old112 words
-
Article116 1977-01-01 8 CHICAGO. Thurs. Wheat futures posted losses of W to two cents a bushel on a light trading volume at the end of the short, pre-holi-day session. Speculative selling and liquidation was prompted increased farmer selling jf hard wheat and forecasts of snow and rain in Plains States over the116 words
-
Article136 1977-01-01 8 CHICAGO. Thurs. Soybean futures rallied late In the abbreviated session to close with gains of seven to cents a bushel. After fluctuating narrowly to either side of Wednesday's close on a light trading volume, prices started moving upward on local short-covering. Buying was prompted by firmness in Gulf soybean136 words
-
447 1977-01-01 8 SINCE our last report a fortnight ago, the market has been interrupted by holiday recesses, leaving very few trading days which resulted in thin turnover with puces luuahing the period about unchanged on balance, report Holiday Cutler and Bath In their weekly rubber review. News447 words
-
-
MONEY AND EXCHANGES
-
Article753 1977-01-01 8 INTEREST rates for overnight funds in the Singapore domestic money market hit a record all-time high of 15 per cent on a Liability Base Day yesterday. The overnight funds opened at around six to seven per cent, following the level of business done during the previous it five to753 words
-
Article164 1977-01-01 8 Asian rates ASIAN currency deposit interbank rales as at close on Dec 31 I S Dollar* <Spot) Offer BW 7 days 5 1/J« 4 15/16 1 mth 4 7/» 2 mths 5 1/8 3mths S 1/1 > 6 mths S 7/l« s vie 9 mths S 7/16 12 mths 5164 words
-
Article51 1977-01-01 8 RANGE of price* offered by discount houaes on Dec 31. Oveimgni J* Call deposit. 2 to 3* ClMfe( Buy 3-Month Setltac 2 7/t Treasury bills 3 3-Month 3 11/16 Banks bills 3 13/1* 3-Month CD 3 It 3 3/4 6-Month CD 4 4 .Vl« Source: National Discount Co.51 words
-
Article320 1977-01-01 8 LONDON. Frl. Sterling and the dollar moved slightly higher, but in limited year-end trading In European currency centres. Eurodollar deposits were in plentiful supply over the year-end. as most banks completed final balance sheet positioning, dealers said. The year-end position, from Thursday until Jan 4, was offered at 2%320 words
-
Article169 1977-01-01 8 NEW YORK, Thurs. The dollar closed little changed from slightly firmer opening levels In virtually featureless trading. Sterling closed at $1.7010/20 compared with an opening $1.7005/15 and with Wednesday night's closing $1.7068/80. Dealers said the lower opening reflected proflttaking after a recent firming. The Canadian dollar was in169 words
-
Article95 1977-01-01 8 HONGKONG. Fri. The US dollar was being quoted around HK54.6680/6710 at the close of trading compared with a high of 4.6730/70 and Thursday's late rate of $4.6605/6640, dealers said. The market was virtually at a standstill ahead of the New Year holiday with very little interest reported in the95 words
-
Article33 1977-01-01 8 FRANKFURT exchanges opening quotes on Dec 31. US 2.3560/80 Can 2.3365/95 UK 4.010/025 Neth 95.90/96.05 Switz 96.30/45 Italy 2.690/705 France 47.45/60 Norw 45 65/75 Belg con 6.557/572 Belg fin 6.580/590 Japan 0.8050/807033 words
-
Article187 1977-01-01 8 RESULTS of Treasury bills lender held on Dec 31 (or 91 day. 182 day and 273 day Treasury bill* to be Issued from Jan 3 to 7. a l For $30 million 91 day Treasury bill* to be issued from Jan 3 to 7. Offered million Applied187 words
-
Article57 1977-01-01 8 Minimum lending rates (in ACBC Algemene Bank .9% Bangkok Bank ..7* Bank of America 6* Bank of China.. .7% Bank of Tokyo .6% Bank Negara Indonesia 7* Chartered Bank 8*. Chase Manhattan 6* DBS 6* First Chicago Citibank HSBC 7 Indosuez 6% Malayan Banking 6* Mitsui Bank 6* OCBC 6*57 words
-
Article116 1977-01-01 8 TOKYO. Fri. The US dollar for overnight delivery closed slightly higher at 293.00 yen in quiet year-end trading, compared with 292.70 at the opening and 292.50 at Thursday's close, dealers said. Spot trading volume was a light $60 million. The US unit edged higher on limited covering by banks116 words
-
Article40 1977-01-01 8 ZURICH exchanges quoted on Dec 30. US 2.4445-4460 UK 4.1535—1590 Can 2.4115—4140 W Germ 103.75—87 Neth 99.45—58 France 49.20—26 Belg 6.80-1/4—Bl-1/4 Denm 42.28—34 Norw 47.32-37 Swed 59.25-31 Italy 0.2792-2796 Austria 14.60—63 Port 7.75—78 Spain 3.57-1/2-58-1/4 Arg 0.85—1.00 Japan 0.83-1/4—83-3/440 words
-
Article49 1977-01-01 8 AUSTRALIA/NZ exchanges quoted on Dec 31. Australia: Sterling 0.6422/0.6348 US dollar 1.0888/1.0840 Ninety-day air mail buying rates: Sterling 0.6740 US dollars 1.1149 Ninety-day forward buying rates: Sterling 0.6621 US dollars 1.0933 New Zealand: Sterling 0.5590 0.5559 US dollars 0.9550 0.9450 Ninety-day forward rate: Sterling 0.6005 US dollar 0.972849 words
-
Article249 1977-01-01 8 LONDON. Frl. Eurobond* were little changed in quiet conditions ahead of the New Year holiday, dealers said. Eurobond prices quoted on Dec 31 mtkvkjhtk HID OFFEN Alran 9' ?Pr 1988 105 106 RtXTH'.Pr 1983 101 102' I Hrawan9'.Pc Id 1 104* ("ha rt>onna*r 8' iPr 102'. 103'. Oan249 words
-
-
Page 8 Advertisements
-
Advertisement161 1977-01-01 8 Keep in touch with business developments in Singapore wherever you are in the world Subscribe now to Business Times BUSINESS TIMES Singapore's Financial Daily Subscription Rates (in Singapore currency) Surface mail ft Zone Singapore Malaysia. Brunei Overseas Second class airmail (Individually wrapped and mailed) Zone Brunei, Sarawak, Sabah Australasia/Pacific (excluding161 words
-
-
TRANSPORT AND COMMUNICATIONS
-
680 1977-01-01 9 IBRAHIM NOORI - JAN 7 ULTIMATUM TO IMPORTERS By IBRAHIM NOORI Reuter THE Iranian Government has Issued an ultimatum to Importers whose goods have been piling up for months past In the country's congested ports. The goods must be cleared by Jan 7, the government says,Reuter - 680 words
-
Article119 1977-01-01 9 Reuter ISLAMABAD. Fri. Pakistan and Afghanistan are likely to resume air links eariy in 1977 as another step in the normalisation of relations between the two neighbouring countries, reliable sources said yesterday. Direct flights were stopped in mid-1974. Pakistan claimed Ariana Afghan Airlines wasReuter - 119 words
-
395 1977-01-01 9 WASHINGTON, Fri. UPI BARRED by weather from visual tracking, scientists yesterday turned to a space satellite to follow the spread of the huge oil spill from the wrecked tanker Argo Merchant off Nantucket and chart the path of possible newUPI - 395 words
-
Article, Illustration497 1977-01-01 9 ARRIVED TODAY KEPPEL WHARVES Gloria Fortuna (after Dong Shin) 19 Karakorum (after Fortune Runner) 10/11 Kimanls (0600 after Lumut) 20 Nan Kuo (after Machaon Ramin) 33/34 Neder Rhone (after Hoegh Dyke) 3/4 Perlis (1400 after Keningau) 21 West Perak (1000) 21 East Pulawy (after Kingsville) 31/32 Singtao (after497 words
-
286 1977-01-01 9 UPI. WASHINGTON, Fri. The US Government's guarantee of Lockheed Aircraft Corporation's debt currently at USSIOO million (Ss24o million) may be terminated during 1977, the US Emergency Loan Guarantee Board said yesterday. Even if there is an early end to the government's commitment, theUPI. - 286 words
-
379 1977-01-01 9 AP. NEW YORK, Frt. Four recent accidents Involving Liberlan-registered oil tanktffs in United States waters have focused attention on the operations of the world's largest merchant fleet. As of Nov 30, 2,600 vessels totalling 73.5 million gross tonnes, most of them huge oilAP. - 379 words
-
131 1977-01-01 9 Reuter OSLO, Frl. A government committee has proposed a guarantee arrangement of 400 million crowns with government participation for Norway s shipbuilding Industry to enable It to secure the necessary delivery credits for 1977, Industry Minister BJartmar GJerde said. He told reporters It proposed aReuter - 131 words
-
Article520 1977-01-01 9 ARRIVALS Service Local Operator Number Time From CAL JAL CAL CI333 JL712 CI814 0040 TPE/HKO/KUL 1000 HLP 1000 HLP SIA OIA CPA THAI SQ211 GA980 CX710 TG423 1010 HLP 1030 HLP 1030 HLP 1035 BKK GIA SIA SIA GA908 SQ201 SQ240 1100 MES 1200 HLP 1205 MES520 words
-
-
Page 9 Advertisements
-
Advertisement302 1977-01-01 9 111 VWi"? m Ik" 7 I U' m The three bosk needs and the three fxrts of Britannica 3 1. To get at the facts often a single fact easily and quickly, without having to raad a long article in -which that fact is embedded. This need is served by302 words
-
-
Article, Illustration1196 1977-01-01 10 GOH ENG KEE - By GOH ENG KEE WHILE the Singapore stock market experienced a somewhat less fiery Dragon Year In 1976 than generally expected, the corporate scene still offered its fair share of excitement. The first six months were relatively quiet, but the second half1,196 words
-
758 1977-01-01 10 MARVINE HOWE - By MARVINE HOWE NYT A SCORE of farm workers have quietly set up an Independent, prosperous cooperative here, a few kilometres outside of Beja, in a direct challenge to the communists who dominate the area. The Fonte De Frades, or Friars FountainNYT - 758 words
-
462 1977-01-01 10 Reuter AMERICANS, who have been spraying themselves far years with deodorants and hair lotions may have to find new ways to smell sweet and look sharp. The Federal Food and Drug Administration (FDA) wants to ban the use of most ofReuter - 462 words
-
Article, Illustration831 1977-01-01 10 MARTIN LIM - By MARTIN LIM CONTRARY to what many people believe, the Singapore stock market did do well In the past year, compared with the performance put up by its overseas counterparts. While most overseas markets have lost ground over the past 12 months. Singapore stockholders can831 words
-
1461 1977-01-01 10 CHRISTOPHER WREN - By CHRISTOPHER WREN NYT. JUST a few hours before he greeted arriving Soviet Leader Leonid Brezhnev at Bucharest's airport last month. Rumanian President Nlcolae Ceaucescu made time to see another visitor, American Secretary of Commerce Elliot Richardson. The occasion was a new Rumanian-AmericanNYT. - 1,461 words
-
Page 10 Advertisements
-
Advertisement319 1977-01-01 10 NEW DIRECTIONS The magazine that actually says what you have been thinking all along. New Directions quarterly was born in late 1973 and has since then quietly set about its task —to enhance the intellectual climate in Singapore, to stimulate the spirit of debate and to cast light on major319 words
-
-
REVIEWS
-
Article, Illustration821 1977-01-01 11 Lawrence Tan reviews Pete 'n' Tillie - t FILMS 1 Lawrence Tan reviews Pete 'n' Tillie WHAT is Carol Burnett, television's gangly and compulsive comedienne, doing in a movie about two seemingly ordinary people who go through the seemingly unextraordinary pitfalls and blessings of life namely courtship, marriage. children, estrangement,821 words
-
862 1977-01-01 11 CKT - MUSIC By CKT AN ancient Mariner meeteth three gallants bidden to a wedding feast, and detaineth one. BUNTK.K: Yarooh, leggo of my throat! MARINER: Sorry, wrong gallant. Here, you, sir. CRT: Wherefore stop'st thou me, mister? MARINER: Not so loud, not so loud,862 words
-
Article, Illustration2011 1977-01-01 11 TJIO KAY LOEN - By TJIO KAY LOEN (The days are not necessarily from the same week) MONDAY': We have finally completed the removal from our temporary headquarters at Upper Pickering Street to our brand new OCBC Centre, the tallest building in Asia if Japan is excluded. Naturally, after being cramped2,011 words
-
Article553 1977-01-01 11 'A New Yorker in Egypt* By Hans Koning (Harcourt Brace Jovanovich, U5510.95). I BOOKS NYT THERE was a time when, travel being difficult, kings sent painters abroad to execute and bring back portraits of eligible wives. Now we have novelists who go abroad to bringNYT - 553 words
-
-
Page 11 Advertisements
-
Advertisement712 1977-01-01 11 NOTICES J f BY ORDER OF THE DIRECTOR OF LOGISTICS PURCHASING DEPARTMENT MINISTRY OF DEFENCE TANGLIN, SINGAPORE AUCTION SALE OF General Equipment, Tyres, Empty Cartridges, Accommodation Stores, Vehicles, etc. TO BE HELD AT No. 58 Market Street. Singapore. On Thursday. 6th January 1977. At 2.00 P.M. VIEWING: Can be viewed712 words
-
-
414 1977-01-01 12 AP UPI TOKYO. Fri. New Year holiday plans for at least 3.5Q0 Japanese tourists were affected by Air Siam's sudden cancellation of all its flights, according to the airline's Tokyo employees. About 320 passengers were grounded yesterday with no other airlineAP; UPI - 414 words
-
Article246 1977-01-01 12 LOYANG, comprising a total area of 194 hectares on the North-east tip of Singapore, is on the threshold of being turned into a full-fledged industrial estate. Loyang Industrial Estate, as it will be called, will cater primarily for industries connected with offshore oil exploration in South-east246 words
-
157 1977-01-01 12 AP WASHINGTON. Fri. Labour leader George Meany said in a New Year's statement yesterday that the American labour movement expects "prompt and effective action" to slash unemployment in the United States in 1977. Mr. Meany, president of the American Federation of Labour and CongressAP - 157 words
-
180 1977-01-01 12 Toot, toot from north and south Reuter TWO trains left Hanoi and Ho Chi Minh City (Saigon) simultaneously today to mark the formal opening of the Trans-Vietnam railway. Hanoi radio reported yesterday. The radio said in a broadcast. monitored in Singapore. that official ceremonies were held in both the citiesReuter - 180 words
-
568 1977-01-01 12 NO WEAKENING OF OPEC RESOLVE AS UPI Reuter JAKARTA, Frl. Indonesia announced today that It will raise Its oil prices by US$l.l9 a barrel from tomorrow, to U5513.55 a barrel. Mining Minister. Mr Mohammad Sadli, told reporters the increase was in line with thisUPI; Reuter - 568 words
-
374 1977-01-01 12 Reuter PEKING. Frl. Political strife has lead to civil war and serious loss of life in China's vast South-wes-tern province of Szechwan. according to a local radio report. Szechwan Radio accused radical supporters of Mao Tse-Tung's purged widow Chiang Ching of inciting "civil warReuter - 374 words
-
420 1977-01-01 12 Reuter TOKYO: Prime Minister Takeo Fukuda said today Japan would intensify cooperation with other countries to contain inflation and revitalise the world economy. The newly-elected leader, strongly favoured by the business establishment, told a New Year press conference that the Japanese economy could neverReuter - 420 words
-
510 1977-01-01 12 ARAB tanker companies, one should Imagine, would have much less trouble securing cargoes than independent tanker owners like the Greeks or the Norwegians. But the tanker market slump has, apparently, shown no discrimination in its victims. In fact, according to a report in510 words
-
757 1977-01-01 12 AS the old year ends and a new administration prepares to take over In the United States, Singapore's Government and businessmen are particularly anxious to see how American economic policy will evolve. On the one hand, the chief wish is that Presi-dent-elect Carter will757 words
-
Article85 1977-01-01 12 THE Singapore Institute of Management will be holding a course on Management and Work Control using Performance Objectives beginning on Jan 31. The course is meant for middle managers and senior supervisors who are responsible for control, production. or the supply of services. Another two courses are85 words
-
242 1977-01-01 12 KUALA LUMPUR, Fri. Bank Negara will implement on Monday the export credit refinancing scheme announced in Tengku Razaleigh's budget speech recently. The Governor, Tan Sri Ismail Mohamed Ali. said the bank will extend the facility for financing exports of goods manufactured in this242 words
-
127 1977-01-01 12 THE study on the reclamation of some 700 hectares of land from the sea, off the western tip of Jurong, for industrial purposes has progressed a further step. The Netherlands Government, which was approached by Jurong Town Corporation, has authorised two Dutch consultancy firms127 words
-
Article88 1977-01-01 12 KUALA LUMPUR, Fri. Retail selling prices for some locally-manufac-tured car batteries will drop 15 per cent from January 10 as a result of new tariff rates. Mr. Richard Ho. Deputy Finance Minister, said this follows an agreement between the Treasury and three major battery manufacturers.88 words
-
222 1977-01-01 12 MR. C.V. Devan Nair, se-cretary-general of the National Trades Union Congress. started his new year message on a light note: "Singaporeans." he said, I "registered a very favourable 'balance of trust surplus' for the Government of our Republic towards the end of the222 words
-
Article66 1977-01-01 12 THK members of the new Cabinet, named two days ago. were sworn in at the Istana State Room yesterday afternoon. In a simple ceremony lasting only minutes, the members took their oath of allegiance before the President. About 1211 guests attended. including the Chief •Justice and other66 words
-
342 1977-01-01 12 IN 1976. the electronics industry in general, saw an improvement over 1975. The industry's growth last year was slightly marred however by a slight dip in world demand in the last quarter in both consumer electronics as well as the components sector. The industry342 words
-
295 1977-01-01 12 UPI WASHINGTON, Frl. China has eliminated famine and starvation but will remain a major buyer in world wheat and cotton markets, according to a special US agriculture Department report. The report. Issued by the Department's foreign agricultural service, also predicted that "inUPI - 295 words
-
Page 12 Advertisements
-
Advertisement506 1977-01-01 12 Business Management in Penguins THE tgf' TRAP The Debt Trap: Cheryl Payer The International Monetary Fund is the most powerful supra-national government in the world today. This book is about the efforts of poor nations to gain some control over their own economies and the role of IMF in frustrating506 words
-