The Business Times, 9 August 1977
1977-08-09
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section8 1977-08-09 1 BUSINESS TIMES M.C.(P) 300/1/77 TUESDAY, AUGUST 1977 50CENTS8 words
-
NEWS IN BRIEF
-
Article71 1977-08-09 1 Reuter THE HAGUE, lion. Holland fears It will have to give up Its seat on the executive board of the International Monetary Fund to make way for an Arab oil exporting country, the Finance Ministry said. The Dutch have cut their contribution to a special credit facility forReuter - 71 words
-
Article69 1977-08-09 1 Reuter KUALA LUMPUR, Mon. An eight-member delegation from the Singapore Timber Exporters' Association, led by its president Mr. Fu wa Chu, arrived here today for two-day visit during which it will hold talks with officials and businessmen on purchase of Malaysian timber. Mr. Fu told reporters that SingaporeReuter - 69 words
-
Article50 1977-08-09 1 Reuter CANBERRA, Mon. New Zealand goods not covered by the New Zealand/Australia Free Trade Agreement (NAFTA) will in future be subject to Australian global import licences or tariff quotas, Overseas Trade Minister Doug Anthony and Industry and Commerce Minister Bob Cotton said In a Joint statement. Reuter.Reuter - 50 words
-
Article71 1977-08-09 1 Reuter LONDON, Mon. Shares rose sharply to record heights for the year on the London Stock Exchange today as Britain's economic prospects began to look a little brighter. The Financial Times index, which measures ordinary industrial share, went up by 12.7 points to 482.9, the highest sinceReuter - 71 words
-
Article46 1977-08-09 1 Reuter SAPPORO (Japan), Mon. Official sources estimated damage to crops at three billion yen (5527.5 million) resulting from the eruption of a volcano on Hokkaido yesterday. The volcano was still emitting smoke and debris today and raetereologists warned there could be more eruptions. Reuter.Reuter - 46 words
-
Article63 1977-08-09 1 Reuter BANGKOK, Mon. EEC and Asean officials have had an exchange of views on the textile trade between their members, Thai Foreign Trade Department sources said. The EEC's textile agreement negotiator Tran Van Thlnh discussed with Asean officials in Pattaya, 145 km south of here, the EEC-AseanReuter - 63 words
-
Article91 1977-08-09 1 UPI NEW YORK, Mon. Stoeks were lower early today in fairly active trading amid reports the Federal Reserve Board was about to tighten credit again in the face of a sharp rise In the nation's money supply over the past several weeks. The Dow Jones industrial average, whichUPI - 91 words
-
-
Chief Price Changes
-
Article, Illustration170 1977-08-09 1 A FEW Orai spots were noted amsng Mcond and third line shares fai a MMrtlly quiet but steady market on the Sleek Exchange of Singapore yesterday. The BadHei Times index finished 5.46 points highsr at 468.1t and the Straits Times Industrial index inched 6.28 point np to170 words
-
Article105 1977-08-09 1 Rims Most active Sg Best luunat Tronoh S. Dredge Olympla BerJunUU L. PermJt O. Lumber U.K. Flour Lien Hoe P. Carbide Pac. Dev Malaya wata Fa Duff 2.80 4.30 4.72 0.20 2.00 0.90 1.98 1.10 1.00 2.54 8.54 2.01 I.88 lit II.38 .20 +.20 +.20 +.20 +.10105 words
-
-
Article853 1977-08-09 1 'GET TO KNOW WHO WANTS WHAT' THE Prime Minister told Singapore businessmen last night to get out of their offices and "sweat It out to sell our goods and services." Speaking on the eve of National Day broadcast to the nation, Mr. Lee Kuan853 words
-
288 1977-08-09 1 SINGAPOREANS in the past six years appear to have beeome thriftier, with the nation's savings rate rlsflw to 27 per cent last yearlrom 18 per cent in 1971. The savings rate is the ratio of Gross National Savings to Gross National Product. This rate is, however,288 words
-
Article546 1977-08-09 1 QUEK PECK LIM - iy QUEK PECK LIM PRIMS Minister Takeo Fukuda of' Japan yesterday that Japap's offer of US$l billion (812.44 billion) for the Asean industrial projects Is not a tentative but a firm commitment. Referring to several newspaper reports which were critical about the conditions attached to546 words
-
352 1977-08-09 1 PRIME Minister Lee Kuan Tew said at a press conference yesterday that Asean Is exploring some kind of mechanism to allow private Investors who wish to Invest In more than one member country to have their proposals processed expeditiously. Mr. Lee said that352 words
-
Article167 1977-08-09 1 AP JERUSALBII, ftforf. Israel's foreign currency laws, which brought the downfall of former Prime Minister Yltshak Rabin, have been liberalised by the Treasury, a spokesman said today. The old regulations allowed. Israelis to hold foreign' currency In Israeli banks, but, to make a withdrawal, theAP - 167 words
-
Article92 1977-08-09 1 Reuter LONDON, Mon. National Westminster Bank Ltd said It cut 1U base lending rate to eight per cent from ttt, effective tomorrow. .AD other rates are unchanged, the bank added. Following Natwest's announcement Barclays Bank also said It cut base rate to eight from 8.5 per cent,Reuter - 92 words
-
271 1977-08-09 1 THE Btock Ezehun of Singapore ha* requested Summit Securities, a local •tockknUai firm, to mhpend fresh commitmenU and to do only contra deals until it has settled Its internal problems. According to Mr. Tan Chin Lane, a partner of the company,271 words
-
Article31 1977-08-09 1 CANBERRA, ,Mon. Australian Treasurer Phillip Lynch said In a statement the government began discussions with Deutsche Bank In July on the subject of raising a further Eurodollar loan.31 words
-
358 1977-08-09 1 SINGAPORE and Japan will set up a $1 billion Joint venture company In the next few days to run the upstream naptha cracker at the proposed petrochemical complex. The company, to be known as the Petrochemical Corporation of Singapore (PCS), will be Jointly358 words
-
213 1977-08-09 1 AP KUALA LUMPUR, Mon. Malaysian Prime Minister Datuk Hussein Onn will visit Tokyo, the United Nations In New York and Washington next month. DatOk Hussein told a news conference tonight that he will visit Japan for a few days beginning Sept. 18 to reciprocateAP - 213 words
-
Page 1 Advertisements
-
Advertisement62 1977-08-09 1 fo °+r w: Wryfbong MAF A lending hand when Wayfoong Mortgage jXJU IKvU and Finance (Singapore) Limited ll tTIOSt Shaw Houar. Ground Floor. 354 Orchard Road. Singapore 9. Te4: *****7. SEE PAGES 2 11 J rv "A MMawwab Overeeee NmVTV A Otwwm Stocks Sssar '—E Local Co Now* P4 Features62 words
-
Advertisement63 1977-08-09 1 ROBINSON'S ARE HERE AT RAFFLES PLACE You can now do you r shopping in a relaxed and leisurely atmosphere right in the heart of the city. -a rIK Mil s CLIFFORD CENTRE, RAFFLES PLACE. SINGAPORE 1 TEL: ***** Shopping Hours: Mondays to Saturdays 10.00 am 6.90pm Main Store: Specialists' Shopping63 words
-
Advertisement137 1977-08-09 1 COMPLETE 9 APS ELECTRONICS (PRIVATE) LTD SINGAPORE T#l 32*00? 0 Lm«*) A PS-ELECTRONICS (M) SON BHD KUALA LUMPUR T« TlTm—Hl]H I 0 rfor sale anttnse Laape Factory In Jurang River Valley Industrial speoe -11,026 sq. m. Offices, canteen and laboratory 2,053 sq. m. Generous parking and capacity for expansion. Overall137 words
-
-
OVERSEAS
-
484 1977-08-09 2 NYT NEW YORK, Mon. A glut of textile fibres throughout the world, particularly of non-cellulose types such as polyester and nylon, has weakened the textile market and made it impossible for textile prices to rise from their lows of the last two years. TheNYT - 484 words
-
529 1977-08-09 2 NYT WASHINGTON, Mon. The chairman of a Senate banking subcommittee has sent an angry letter to Mr. Harold Williams, chairman of the Securities and Exchange Commission, protesting against slurs an SEC staff aide allegedly made on the senator's Integrity. The letter, sent toNYT - 529 words
-
316 1977-08-09 2 Reuter MADRID, Mon. Improved trade figures for July and the first Increase this year In gold and foreign currency reserves have brightened the economic outlook for Spain. Spaniards have been hit by huge price rises since the government launched Its new economicReuter - 316 words
-
385 1977-08-09 2 UPI PARIS, Mon. Spain, Portugal and Zaire may be among the first nations applying for loans from a new approximately US$lO billion (5524.4 billion) emergency fund set up by seven Industrial and seven oil exporting countries for states suffering from balance ofUPI - 385 words
-
559 1977-08-09 2 AP. SYDNEY, Mon. A major dispute was developing today over weekend comments by a top government official blaming Australia's labour troubles on British migrants In the trade union movement. The comment by the Minister for Primary Industry, Mr. Lan Sinclair, has touched off angryAP. - 559 words
-
Article, Illustration670 1977-08-09 2 AP WASHINGTON, Mon. In the last six months, Senator Howard Baker Jr. of Tennessee has surprised people here with his success at rallying Senate Republicans. raising the prospect that he Is developing his post as minority leader into a springboard for seeking his party's presidential nominationAP - 670 words
-
538 1977-08-09 2 AP GREENVILLE, (North Carolina), Mon. Farmers In the heart of America's tobacco belt show no sign of ploughing up their fields, despite anti-smoking campaigns and threats of funding cutbacks. Orowers in Pitt County, North Carolina, the largest tobacco-producing county in the United States, sayAP - 538 words
-
Article182 1977-08-09 2 Reuter CANBERRA, Mon. Australia's Minister for Special Trade Negotiations John Howard said here today there was a growing Imbalance In trade with the European Economic Community. Mr. Howard sakl when the EEC was established Australian trade with the group was roughly In Balance. "Australia continues toReuter - 182 words
-
-
Page 2 Advertisements
-
Advertisement386 1977-08-09 2 I a h 5 s s V 6 1 I 5 s; ui*i i u i THE GREAT BOOKS OF WESTERN CMLIZATION 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 thoughts386 words
-
-
Page 2 Miscellaneous
-
Miscellaneous366 1977-08-09 2 lEi'lAViJAiiUilf WEATHER report for 24 hour* prior to 7.30 p.m. on 'Aug 8 at Singapore airport. Maximum Temperature 31.1° C Aaoociatod Humidity 62 Minimum Temperature 22.8° C Associated Humidity 98 j Hour* of Sunshine 7.80 Rainfall in Millimetres Nil Total Rainfall for the Month 51.7 Total Rainy Days for the366 words
-
-
591 1977-08-09 3 NYT WASHINGTON, Mon. The nation is experiencing a new form of inflation that cannot be curbed by the "conventional economic policies" being pursued by the Carter Administration, concludes a report issued yesterday by a Washing-ton-based economic re-, search group. The reDort. issued byNYT - 591 words
-
430 1977-08-09 3 Reuter AP BONN, Mon. Wert Gtrmany will art achieve its projected Ave per eoat economic growth rate this year irt average tuoaployment for the year will art foil below fear ner cent, government spokesman Armin Gruenewald said "•XX o. u^Ui-. Mr.Reuter; AP - 430 words
-
Article45 1977-08-09 3 AP MEXICO CITY, Mon. US ambassador to the United Nations Andrew Young and Mexican president Jose Lopez Portillo are to discuss key bilateral issues today, including President Carter's plan to legalise the status of millions of undocumented workers primarily from Mexico AP.AP - 45 words
-
741 1977-08-09 3 Alan Wraight - Ja pen's motorbike makers have been so snrrees Ail that Britain's once impregnable industry was brought to bankruptcy. Italy's motorbike industry has hoag on by its fingernails. Now America's superUhe the Harley-Davidson is fighting for its lib. -London -By Alan Wraight FT AFT - 741 words
-
Article30 1977-08-09 3 TOKYO, lite. Japan's Nissan Motor Company today Introduced a new luxury passenger car costing 1.2 million yen (8$0, MO) for exBt to the United States, tain and Europe.30 words
-
574 1977-08-09 3 NYT NEW YORK, Mon. Several credit market I economists expect the Federal Reserve to continue to push short-term Interest rates higher In order to slow down what is regarded as the excessively fast growth of the nation's money lyAlthough the basic money supplyNYT - 574 words
-
380 1977-08-09 3 AP i WASHINGTON, Mon. Rising prices for American consumers are caused more by world problems, land speculation and waste than by wage Increases or government spending, a research group said yesterday. The Exploratory Project for Economic Alternatives, in a report on inflation, said theAP - 380 words
-
430 1977-08-09 3 AP WASHINGTON. Mon. The US expprted about US$l2O million (***** million) more In livestock, meat and meat products than It Imported, according to US Agriculture Department figures for the first five months of this year. Beef and veal exports rose by 10 per cent,AP - 430 words
-
Article162 1977-08-09 3 NYT NEW YORK, Mon, It is an inconclusive summer not too bad and not too good according to the July report of the National Association of Purchasing Management. This group conducts a monthly survey of corporate purchasing agents, whose observations are considered to be an importantNYT - 162 words
-
Article487 1977-08-09 3 AP WASHINGTON, Mon. Investigators say US$l.5 billion (553.66 billion) was wasted in building the Alaska pipeline because of poor management, unsound business practices and manoeuvres to win congressional approval. The seven-month Investigation of cost overruns in constructing the 1280-km pipeline was ordered by the AlaskaAP - 487 words
-
Article214 1977-08-09 3 AP WASHINGTON, Mon. n--The price of petrol In the United States will soon reach US$l (552.44) a gallon (3.8 litres), bringing a sharp cutback in driving, Secretary of Transportation .Brock Adams predicts. He made the prediction in an interview in US News and World Report releasedAP - 214 words
-
Article118 1977-08-09 3 UPI SAN FRANCISCO, Mon. Forest fires burned out of control over 80,920 ha yesterday In droughtstricken California and major blazes burned in Oregon, Nevada, Arizona and Colorado as firemen from throughout the United States converged on the West. Most were ignited by lightning. Authorities said 15 newUPI - 118 words
-
Article187 1977-08-09 3 AP LONDON. Mon. The Department of Energy said yesterday the Argyll oilfield in tne North Sea, the first of Britain's wells found In 1975, will run dry In 1978, three years ahead of schedule. An official of Hamilton Brothers oil and Oas Ltd., the operatorsAP - 187 words
-
Page 3 Advertisements
-
Advertisement62 1977-08-09 3 H? OPPER TUBE PIPE For all your requirements in: Air-conditioning Heat-exchanging Plumbing etc... (r w I r MERITS: 1. Excellent quality I 2. Available even in small quantity 3. Short delivery terms I 4. Stabilized supply I SINGAPORE KOBE PTE. LTD. a rubtktiary of KOBE STEEL tn Japan NO. 3,62 words
-
-
Page 3 Miscellaneous
-
Miscellaneous422 1977-08-09 3 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS down i What to play as a bit of a Joke behind the bar (5) 6 Slow to put a letter In the bag (5) 9 For which to get easy money (3, 4) 10 Theatre world (5) 11 Bring up the possibility of a422 words
-
-
898 1977-08-09 4 KUALA LUMPUR Industries has again maintained that Its tangible assets are' not affected by the sale of its investment in Public International Investments of Hongkong and the writeoffs of loans to subsidiaries. The company rationalises in a largely vague reply to the898 words
-
Article244 1977-08-09 4 Current Ex Date Total br Total far Pvnmmt Data payable tkeyear prerteusyoa Oriental Holdings 9% July 20 Aug 10 18% 11% B. gwliwt^ 20% July 28 Aug 15 20% 20% llwibw Bwhbsr SHI July 27 Aug 16 11%1 18%a SugrtladulriN 12HTE July 20 Aug 16 12%TE 12%TE Stagipon244 words
-
COMPANY MEETINGS
-
Article23 1977-08-09 4 THE following company meetings are due: Aug 22, 12 noon, Registered Office, No 45 Bpott&woode Park Road, Singapore 2.23 words
-
Article16 1977-08-09 4 Aug 24, 12 noon, Registered Office, 45/47 Ramayana Building, Robinson Road, Singapore, 1.16 words
-
Article16 1977-08-09 4 Aug 25, 12 noon. Bangunan MIDF, 117 Jalan Am pang, Kuala Lumpur.16 words
-
Article23 1977-08-09 4 Sept. 29, 11 a.m. at the Negara Room, Second Floor, Lower Lobby, Kuala Lumpur Hilton, Jalan Sultan Ismail, Kuala Lumpur.23 words
-
-
333 1977-08-09 4 TEMERLOH RUBBER Estates staged a strong recovery in the year ended April 30, 1977 with unaudited pre-tax profit rising by about 56 per cent to M 52.18 million. The latest result, which Just tops its 1973/74 record profit of 92.15 million, puts the company firmly333 words
-
109 1977-08-09 4 TiHE Malaysian Foreign Investment Committee has approved the Acquisition by Kempas (Malaya) of 14.7 million M5O cents shares In Highlands and Lowlands from Seafleld Amalgamated Rubber. Kempas. which Is a member of the Sime Darby group, said In June that It purchased the 9.9 per109 words
-
Article194 1977-08-09 4 CUMMINS Engine of Columbus, Indiana, USA has named Mr. 8. A. Jokaeon Its Vice-President of the Asla/Paclflc area. Mr. Joknton, who Is based In Manila, will be responsible for Cummins' operations In the Far East, Australia, Asia and Japan. Mr. P. A. Neuman has resigned as a substantive194 words
-
527 1977-08-09 4 CENTRAL BECURITIEB (Holdings) win use the M$ 15 mtlHnn nroceeds from the •ale of wlioTljr-owned Central OH Palme' setato to settle gra* borrowings and fUianc rartaM property Replying to queries from the Kuala Lumpur Btock Exchange on the transactlon, which was527 words
-
1005 1977-08-09 4 NYT STE THERESE Mon. In Quebec, being a good corporate citizen these days means using French and French speakers as much as possible In a rush to make Quebec as French as the rest of Canada Is English. The Bprawllng assemblyNYT - 1,005 words
-
Article97 1977-08-09 4 Reuter MELBOURNE, Mon. Endeavour OH said It placed 2.5 million 50 cent per shares at 10 cents each with a Singapore/Jakarta group. Endeavour said the shares form part of the shortfall resulting from Its recent three-for-ten discount issue and were placed under the same conditions. (Shareholders subscribedReuter - 97 words
-
Article52 1977-08-09 4 Reuter FRANKFURT, Mon. Quebec Hydro will raise a 200 million mark 6.5 per cent 10-year Eurobond instead of 150 million as originally planned, primary market sources said. The higher amount follows news last month that the coupon would be cut from an earlier envisaged 6.75 per cent, theyReuter - 52 words
-
1165 1977-08-09 4 NYT NEW YORK, Mon. For a fellow who never had a burning desire to get to the top. Mr. Robert S. Hatfield has come a long way to be the chairman and chief executive officer of the Continental Group, Inc., the world'sNYT - 1,165 words
-
Page 4 Advertisements
-
Advertisement115 1977-08-09 4 h n t s > tu S V?* r i II I ib n iff' hi ul Avi'fi or <r /f j; >:■ >- Have you got your copy of the 1976/77 BUKU MERAH? J It's the 1976/77 "Red Book office/library reference book covering the business scene in Singapore. It115 words
-
-
Article753 1977-08-09 5 NORTH AMERICAN COMPANIES NYT THE battle for Babcock and Wilcox seems to be entering a crucial final phase with price the ultimate weapon. At this point the United Technologies Corp., with sales estimated at US$5.6 billion for 1977, has raised its bid to $48 aNYT - 753 words
-
Article162 1977-08-09 5 Reuter CANADIAN PACIFIC Investments Ltd said Income in the last half of 1977 should be above that of the same period last year, even though the pace of earnings growth In the first six months Is not expected to be maintained. The company reported net earningsReuter - 162 words
-
Article102 1977-08-09 5 MELBOURNE, Mon. Central Norseman Gold reported that unaudited consolidated net profit jumped to A 54.87 million for the year ended June 28, 1977 from $1.52 million lyThe steep Increase in profit was achieved on revenue of $11.92 million, up from $8.35 million last time. This represents earnings102 words
-
Article74 1977-08-09 5 Reuter TOKYO, Mon. Japanese banlcruptlces in July fell to 1,413 from 1,528 In June, but rose from 1,223 In July last year, the Tokyo Commerce and Industry Research Company said. The company, whose figures are used by the Bank of Japan in Its bankruptcy statistics, saidReuter - 74 words
-
447 1977-08-09 5 NYT MANY of the nation's railroads have been doing fine, but they're worried. In the second quarter, profit records fell by the wayside as a result of busy traffic and increased freight rates. The expanding economy and improving service helped the larger carriers liftNYT - 447 words
-
Article67 1977-08-09 5 AMERICAN TELEPHONE and Telegraph said it reached a new three-year contract agreement with the communications workers of America Union, averting a threatened walkout by telephone workers. The union represents more than half a million ATT employees throughout the US, and a company official said he hoped the67 words
-
Article334 1977-08-09 5 ASIAN COMPANIES Reuter TOKYO, Mon. Ishl-kawajlma-Harlma Heavy Industries (IHI) said its profit before tax and special items for the first half year ending Sept 30, 1977 is expected to total 25 billion yen, down from a predicted 27 billion. Sales are expected to decline toReuter - 334 words
-
Article163 1977-08-09 5 SEOUL, Mon. Britain's Royal Insurance group will become the second foreign insurer to break Into South Korea's newly liberalised domestic property-liability market. Repeating similar arrangements It recently concluded In other lesser but expanding general Insurance markets around the world, the Royal group has started a163 words
-
94 1977-08-09 5 HONGKONG. Mon Consolidated net profit at Crocodile Garments for the year ended March 31, 1977 advanced 52 per cent to HKSII.2 million from $7.35 million previously. In view of the higher earnings, the company said It is making a scrip Issue of the one-for-five and94 words
-
Article64 1977-08-09 5 Reuter TOKYO, Mon. Nippon Light Metal said It received an order from Taiwan for 10,000 tonnes of primary aluminium at US$l,ll5 per tonne, elf, for shipment between August and November. It said Taiwan Is making emergency Imports of the metal, as Taiwan Aluminium Co, which has anReuter - 64 words
-
Article1150 1977-08-09 5 NYT NEW YORK, Mon. Beer is the star of the summer season, with almost every commercial break testifying that never before has the public been so avidly a courted by the brewing Industry. The advertising sound and fury, along with the emergence of theNYT - 1,150 words
-
Article116 1977-08-09 5 Reuter MANILA. Mon. The Philippines Securities and Exchange Commission (SEC) will soon adopt ceilings on money market borrowings by comDanies, SEC chairman Angel LlmJoco. said. Mr. Llmjoco said In a statement the significant features of the policy would be the consideration of an applicant's totalReuter - 116 words
-
Article85 1977-08-09 5 Reuter HONGKONG, Mon Allied Food Industries (Far East) made a smart turnround last year. It said today that It made a group net profit of HK5270,000 last year compared with a loss of $10.31 million In 1975. However, the company said It does not expect significantlyReuter - 85 words
-
Article100 1977-08-09 5 Reuter JAKARTA, Mon. President Suharto has approved plans to set up a chemicals plant and a sawmill as Joint ventures with a Swiss firm and a South Korean firm respectively, a presidential spokesman said. He said Blrla A.G. of Switzerland would help in setting up a US$l9Reuter - 100 words
-
Article534 1977-08-09 5 FT LONDON, Mon. Another director of Scottish and Universal Investments, Nicholas Redmayne, a partner in city stockbrokers, Grieveson Grant, is leaving the board. The company's latest annual report says that Mr. Redmayne does not wish to stand for re-election at the annual meeting on Aug 26,FT - 534 words
-
Article275 1977-08-09 5 FT LUSAKA. Mon. Like other copper producers throughout the world Zambia's Nchanga Consolidated Is struggling to keep Its head above water In the face of rising costs and low copper prices. In addition Nchanga, which is 51 per cent owned by the Zamblan government and 49FT - 275 words
-
Article219 1977-08-09 5 Reuter HAMBURG, Mon. Volkswagenwerk, Ag would regard a 20 per cent unit sales fall next year as a medium-sized catastrophe but a 10 per cent drop as manageable, its chairman Tonl Schmuecker said. In an interview with the newspaper Die Welt, he said 1977 winReuter - 219 words
-
Page 5 Advertisements
-
Advertisement86 1977-08-09 5 -V -V i* U V presents ii v> 1977) *>\ ?K: >~ 42* I r J r CZZI W <V i fui nu r»» fin <« r if I IK M W' I NOW ON SALE at your regular bookshop. The phenomenal Bestseller which has taken America by storm the86 words
-
-
Article2312 1977-08-09 6 If77 High Low Com p«ay Last Sale +«rGt's div DW c'tt Gr't C Nat P/E Vol <•888) Day Hick Low SECnON ONE INDUSTRIALS 154 204 06 230 88* 198* 169 223 396 171 136 172 58 212 57* 155 152 182 350 145 Ac ma Alcom Allied2,312 words
-
Article1459 1977-08-09 6 BID and oftsr prteas oOMato ttstad •ad bastoiws Mi and r smarted to uts Block IxchAnfi of Hnppoiv yesterday with the number of shares traded shown in bracfcstatn lota of 1000 units unless otherwise wm inxl AH Time BtuWffltnt Contract* an (MUd altar the wort "BoO." Bta1,459 words
-
Article1567 1977-08-09 6 BID and offer price* officially bated and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of share* traded shown in brackets in lota of 1.000 units unless otherwise specified INDUSTRIALS A una (1.588). A|in*mete (1.978 2.008). Alttm (1.708 1.098). A. ChM1,567 words
-
Article59 1977-08-09 6 STRIKING prima «f Um Mack apdaaa officially Mated *a tko Stock EzeUacr of Staaapara. tfce pirtii*. Mi —4 ad* priea* and harinm 4aaa j nfday. with the aaaibar of option* traM .L la, mm „L wRCKMB. Pan Electric (Dec SI.M) (0.15B). (March SI.M) (0.20B). U O B (Sept59 words
-
Article151 1977-08-09 6 SINGAPORE UNIT TRUST INCOME BOND UNIT (Maaago«i' prica a for Aag It) (Carnal pr toaa) The Commerce 1.71 1.81 INCOME BOND 1.07 1.13 The 8avtnf Fund 099 1.04 MARA BUMIPUTRA FUND S pore Prof Fund OSS 0.90 (Maaagori' prioa a for Aag 9) S pore Security First Bumiputra151 words
-
Article159 1977-08-09 6 B O T 8 1/2% 1981 (100,000) (103*B 103*8) B O T 7 5/8% 1984 (100.000) (98*B 99*S) LTCBJI9B2 (100,000) (MSB 996) Credit Lyonnaii Floating 1983 (100.000) (98HB 98*8) DBS Convert* 6 1/2% 1991 (100,000) (088 98''«S) D B S 8 1/2% 1982 (100,000) (101 KB 102S) E159 words
-
Article128 1977-08-09 6 Rep Spore D Mark 7% 1982 (100.000) (100*B 101*8) Rep Spore 6 1/2% 1983 (100,000) (99N8 1008) Rep Spore 7 3/4% 1987 (100.000) (100*B 101S) 5 1/4% IS/7/78 (250.000) (101.358 101.508) 1/5/79 (250,000) (100.828 5 1/4% 15/10/79 (250.000) (101.958 102.058) 5 3/4% 1/6/78-80 250,000) (101.708 101.808) 6 3/4%128 words
-
Page 6 Advertisements
-
Advertisement176 1977-08-09 6 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 who176 words
-
-
Article, Illustration708 1977-08-09 7 A FEW firm spots rare noted among second and third liners la a generally quiet bat atsady market en the Stock Exchange of Singapore yesterday. Volume, however, remained r—nitrated in about a dozen counters, mainly in section two of the market where a resurgence of buying interest was708 words
-
Article336 1977-08-09 7 THE Kuala Lumpur Stock Exchange yesterday extended Friday's bullish run to register better gains on most of the selected second and third line stocks. The market ruled barely steady In the morning with most counters traded marginally lower under the combined pressure of profit-takers and short sellers.336 words
-
1359 1977-08-09 7 Economist LONDON, Mon. Nothing In the record of Britain's Conservative party Indicates any great enthusiasm for corporate disclosure. This partly reflects the fall of the electoral dice: The Tories' 1973 companies Mil was a victim of the first 1974 election.But sheer chance does notEconomist - 1,359 words
-
INTERNATIONAL STOCK MARKETS
-
Article383 1977-08-09 7 HONOKONO: The market closed firmer on Monday on more buying interest carried over from last Friday's rally, In moderately active trading, dealers said. The Hang Seng Index rose 4.64 points to close at 421.43. The rally continued throughout the session, mainly due to technical factors, and led by blue383 words
-
Article510 1977-08-09 7 TOKYO: Share price closed lower, on profit-taking after recent firmness, dealers said on Monday. The Dow Jones average lost 19.56 to close at 5,076.09 with volume 280«mllllon shares. The New Index closed at 376.35, down 1.41. Speculatlves led the decline, and export-orientated electrlcals and motors lost ground on the510 words
-
Article442 1977-08-09 7 SYDNEY: The market was generally lower In quiet trading, dealers said on Monday. The Sydney All-Ordinaries index dropped 2.80 points to clow at 435.40 Insurances ware firm on press reports they may benefit from next week's Federal budget, but coals were easier, with Austen and Butte down fire cents442 words
-
Article171 1977-08-09 7 MANILA: The market closed mixed with oils rising fractionally while commercials and minings declined, dealers said on Monday. Turnover rose slightly to 4.83 million pesos from last Friday's 4.31 million. Martadaque lost five points while Atlas and PUlax were two points lower each, with minings depressed by lower metal171 words
-
Article101 1977-08-09 7 AUG M Bahts Asia Fibre 196 unch Bangkok Bank 351 unch Bangkok Invest 255 unch Bangkok-Metro-politan Bank 281 OS Bata ms unch Berll Jucker 420 CharoongThal Wire 1M Dumex Duslt Than! Faber Merlin First Trust 1M tndo-Thal 175 -4 Industrial Finance Corp 1255 J And J Ho 278 +1101 words
-
-
799 1977-08-09 7 NYT NEW YORK. Mon. Value Line Leveraged Growth Investors and the Value Line Special Situations Fund are not for the fainthearted. They are two of the most volatile open-end investment companies In the business, and they have really had their ups and downs.NYT - 799 words
-
885 1977-08-09 7 NYT WINSTON-SALEM, N.C. Mon. J. Paul Stlcht earns a six-figure salary and exercises considerable power in this community as president of R. J. Reynolds Industries Inc., the huge conglomerate that is the natlon's largest cigarette producer. But when Mr. Stlcht arrived at theNYT - 885 words
-
Page 7 Advertisements
-
Advertisement423 1977-08-09 7 BUSINESS TIMES Airline Directory 110-112 Show Centra, Orchard I (Tat: 377.111) Air Ceylon 302-1, 3rd Flow, Marina Haws* <L, n t nn W M <{naainn 11 JIMIIIIMI «lf| I (Tel: ******4) Air Franca Ground Floor ICS luildino Sinaepara 1 (Tel: *****1 T) Rood, Singapore 9 IMi Floor, UIC »nil ding,423 words
-
-
COMMODITY REPORTS AND PRICES
-
Article362 1977-08-09 8 ON the Singapore rubber market yesterday, prices were marked down 0.25 cent at the outset and thereafter continued to ease on lack of buying support, dealers said. Trading was inactive throughout the session, with physicals and forward neglected. Prices ended the morning session lower with362 words
-
Article299 1977-08-09 8 Prices In cents per kilo yesterday Clo (asrkll Buyers Cellars (park Bayars lie) Int. 1 R.S.S prompt f.o.b. 189.75 190.75N 180.50 190.SON Int. 1 R.8.8. August 191.00 191.50 100.75 191.29 Int. 1 R.S.S. September 194.00 194.29 103.75 194.29 Int. 2 R.8.8. 190.00 191.00N 190.00 191.00N UK/Com 189.00 190.00N299 words
-
Article86 1977-08-09 8 NOON S8R and SMR prices yesterday. R.A.8. (OmtMU) (Forward Mtfc) Bujtrt Buyars nwn (enta (cats SSR20 (1-ton pallet) 191.50 103.SON 102.50 104.50N SSR50 (1-ton pallet 180.00 101.OON 1*0.00 102.OON M.R.E.L.B. umkm Odd bar SMR 5 CV (1-ton pallet) 213.25 215.2SN 213.19 21S.25N SMR5L (1-ton pallet) 210.75 212.75N86 words
-
Article29 1977-08-09 8 Rubber: Aug Singapore: August 190.75 cents (down 1.25 cents) Malaysia: September 116.00 cents (down 0.50 cent) Tin: $1,«40 (up $3) Official offering: 224 tonnes (up 24 tonnes)29 words
-
Article212 1977-08-09 8 BANGKOK, Mon. Indicative prices quoted here today were: (U8 dollars per tonne fob basis Bangkok) Whit* Bin: 100 per cent l*t clw 90S, 100 per cent 2nd 293. 100 per cent 3rd 288. 5 per cent 271. 10 per cent 253. 15 per cent 2SO. 20 per cent 247.212 words
-
Article287 1977-08-09 8 HONGKONG, Mon. The cotton futures market closed firmer but below the day's highs, In fairly quiet trading, dealers said. Traders were reluctant to enter the market ahead of the USD A cotton crop estimate, due on Thursday, they said. Final gains ranged from 0.34 to 0.82 US cents.287 words
-
Article334 1977-08-09 8 GENERALLY quiet trading conditions prevailed on the Singapore produce market yesterday with dealers showing a disinclination to trade for want of overseas buying interest. Following the sharp rise last week, the coffee market reacted lower. This was very much In line with the sharp drop in the London334 words
-
Article124 1977-08-09 8 LONDON, Mon. Sugar futures opened quiet, £0.90 to £1.45 per tonne up on Friday afternoon's close. Sales totalled only 131 lots. Dealers said most of the gains were recorded on Friday's kerb in line with New York but there was no follow-through Interest today. In actuals, dealers reported that124 words
-
Article127 1977-08-09 8 LONDON, Mon. Terminal cocoa opened quietly steady with nearby gains of £22 (September at £2,683) to £5 per tonne. Distant months were mostly neglected and showed marginal easiness. Dealers said the market was rather uncertain, reflecting conflicting views on Ohana 1977/78 main crop prospects. Some sources were anticipating a127 words
-
Article213 1977-08-09 8 LONDON, Mon. Coffee futures opened with gains of around £50 per tonne but ended the call £38 lower to C2O higher compared with Friday. 427 lots were traded and the market tone was "easier". September closed £5 lower at £2,535 after trading within a range of £2,590 to €2,550.213 words
-
Article106 1977-08-09 8 LONDON, Mon. Copper wlreb&rs closed with losses of £10 per tonne for cash and £9 for Three Months. The pre-market was steady at around £700 per tonne for Three Months following a steady New York close. But values gave ground In the ring where £690 was paid, reflecting a106 words
-
Article135 1977-08-09 8 THE Straits tin price In Penang yesterday was 101,640 per ptcul, up 99, on an official offering up 24 tonnes to 214 tonnes. The market recovered from Saturday's weakness on US, European and Japanese buying, dealers said. In LONDON yesterday, tin lost around £22 for cash and135 words
-
Article165 1977-08-09 8 ON the Singapore gold market yesterday the kllobar opened at 8911,570 and closed at 8911,562 in quiet trading condition. The metal in London opened at U*****.35/55 and closed at U*****.00/30. The London gold fix was U*****.15, up 70 cents on the previous fix. Source: Siagnas Retail prices per tael165 words
-
Article64 1977-08-09 8 LONDON, Mon. Silver registered gains of 1.50 pence per troy ounce, reflecting the rise In New York on Friday and higher gold this morning, dealers said. The market held steady at the higher levels despite the trend In copper and the lack of trading Interest with the bullion dealers'64 words
-
Article42 1977-08-09 8 LONDON, Mon. Zinc eased by £2 per tonne all round. Values were shaded by light hedge selling induced by the movement In copper, dealers said. The market continued to lack fresh trading incentives. Sales of 1,100 tonnes were about half carries.42 words
-
Article54 1977-08-09 8 LONDON, Mon. Lead finished with gains of £1.75 per tonne for cash and £2.25 for Three Months. After a quiet start, the market found some hedge buying and pricing support, which boosted Three Months to £324 per tonne despite the easier trend In copper, dealers said. Sales of 4,80054 words
-
303 1977-08-09 8 Reuter CHICAGO, Mon. The 1977 US corn crop will be a record 6,338,913,000 bushels, and based on Aug l conditions, soybean production will be a record 1,585,809,000 bushels, crop forecaster Conrad Leslie, said But his estimate of winter wheat production was 1,530,300,000, moreReuter - 303 words
-
Article199 1977-08-09 8 Reuter HONGKONG, Mon. Hongkong's imports of whole white rice rose to 164,844 tonnes In the first half of 1977 from 150,833 In the same 1976 period, Census and Statistics Department figures show. Imports from China fell to 99,165 tonnes (102,492), while those from Thailand andReuter - 199 words
-
Article1128 1977-08-09 8 AFP LONDON: Commodity markets generally continued their decline last week due to the seasonally low level of demand and to liquidating sales following further gloomy predictions for the US economy. The firmness of sterling was also taken Into consideration again. On the other hand, expectations ofAFP - 1,128 words
-
MONEY AND EXCHANGES
-
Article538 1977-08-09 8 THE overnight rates in the local money market shot up to as high as nine per cent at one stage In relatively hectic trading yesterday From the opening of 6% per cent to Oft per cent, business was said to be relatively quiet in the morning, with the overnight538 words
-
Article161 1977-08-09 8 Asian rates ASIAN currency deposit Intartiank rata* aa at cloae on Auf Ut Dal lanOpat) Tdajrs Ofc 3 13/19 BU S 13/19 1 mth 3 7/9 2 mUu 1/9 3 mlhi s/a 3/19 ImUu .6 1/2 9 3/B Smttu 9/19 9 7/19 IS mUu 1 M 9 1/1 Sw. Pre.161 words
-
Article43 1977-08-09 8 RANOE of price* offered by discount houses on Aug 8. Overnight 3% C»n deposit M Bu> 3-Month Treasury Mils 1 3-Month Bank Mils 4 l/B 3-Month CD 4 3/4 4-Month CD 4 13/18 27/a 41/18 43/1 411/18 Source: National Discount Co. Ltd.43 words
-
Article165 1977-08-09 8 Euro rates LONDON, Mon. Eurodollar deposit rates opened little changed in continuing quiet conditions and rates traded steady in early dealings, dealers said. One lionth opened around lower due to the loss of a Friday end-of-period while Three Months opened firmer as this position ends on a Thursday ahead of165 words
-
Article244 1977-08-09 8 LONDON, Mon, The dollar opened higher around 2.3050/60 marks, up from Friday's 2.2915/25 close, in moderate Initial trading, dealers said. Firmer Eurodollar rates, position covering by operators who had sold dollars short against European currencies and some reaction to the outcome of the Oerman-US finance ministers' weekend meeting on244 words
-
Article140 1977-08-09 8 HONGKONG, Men. The dollar firmed against the mark and the swlss franc when European banks entered the market in the afternoon, dealers said. The US unit rose to 2-3030/40 marks, above Its Friday New York mld-polnt close of 2.2925 and Its opening of 2.2910/20, after the absence of any140 words
-
Article102 1977-08-09 8 TOKYO, Mon. The US dollar for overnight delivery closed at 265.75 yen In Tokyo, down from a 266.00 opening and 265.95 at Friday's ciose, dealers said. The US unit rose Initially to 266.10 on buying by exchange banks for import settlement needs, but soon fell as Asian centres sold102 words
-
Article43 1977-08-09 8 AUSTRALIA/NZ exchanges on Aug 8: Australia: Sterling 0.C3M/0 63S4 US dollar I.IHI/I 1033 Ninety-day air mall buying rate*:: Sterling 0 8674 U8 dollar 1.1SM Ninety-day forward buying rate*:: Sterling 0.C371 U8 dollar 1 MM New Zealand: SlerUnt 0 55MD UM .17(4/0.MM 74443 words
-
Article40 1977-08-09 8 FRANKFURT exchanges opening quotes on Aug f: U8 2 3060/(0 Cut 2.1406/15 UK 4 NM11 N«Ul M S/43 Swttt 09 73/83 Italy 2 612/00 France 47.35/45 Norw 43 00/70 Bdf (com) 6.40/50 Bet( (fin) 4 47/50 Japan 0 0005/7540 words
-
Article301 1977-08-09 8 LONDON, Mon. Trading interest in Eurobonds was quiet, dealers said. Straight US bonds traded around 1/8 higher with scarcity of new issues helping to underpin levels, dealers added. Canadian bonds were quiet but 1/16 to 1/8 harder while Germans and guilder issues showed little change. London Eurobond prices on301 words
-
-
-
Page 8 Advertisements
-
Advertisement316 1977-08-09 8 IN PENGUINS Yukio Mishima firmly upheld the traditions of Japan's imperial past, which he believed were being slowly eroded by Western materialism. Disillusioned he astonished the world* in 1970 by committing hara-kiri or ritual suicide by disembowelment. One of his last works, Runaway Horses, is now published in Penguins. Like316 words
-
-
TRANSPORT AND COMMUNICATIONS
-
450 1977-08-09 9 AP PANAMA CITY, Mon. US negotiators Ellsworth Bunker and Sol Llnowltz arrived last night to resume Panama Canal talks expected to result In a set of Panamanian American agreements on a new treaty. "We are here In a hopeful and expectant spirit in whatAP - 450 words
-
225 1977-08-09 9 RUSSIA'S transport ships from its far east ports are to be replenished by highcapacity dry cargo and tanker vessels. The share of the specialised fleet like timber vessels, container and trailer carriers, bulkers and other vessels will also be Increased, the Russian Minister of225 words
-
692 1977-08-09 9 FT LONDON: Concern that the proposed new Terminal Four at London's Heathrow Airport mav be delayed because of locaf opposition, causing considerable further congestion at the airport in the early 1980s, was stressed yesterday by Mr. Norman Payne, chairman of the British AirportsFT - 692 words
-
527 1977-08-09 9 NYT UPI OTTAWA, Mon. A nationwide strike of air traffic controllers, In a wage dispute with the Government, has paralysed regular plane service throughout Canada. The strike began at 4 a.m. yesterday. The Government called a special session of the Parliament, now In summer recess,NYT; UPI - 527 words
-
317 1977-08-09 9 Reuter DUNDEE, Mon. A Scottish company yesterday announced a new compression chamber system to speed up the evacuation of undersea divers forced to abandon oil rigs because of blow-outs, or collisions. The system, said to be the first in the world light enough to beReuter - 317 words
-
Article129 1977-08-09 9 UPI MIAMI, Mon. The 6,792ton Norwegian tanker Bow Elm, carrying 4,000 tonnes of explosive butane and butldlene gas, ran aground In south-east Florida yesterday, but the Coast Guard said there was no danger of an explosion. A spokesman said a commercial tugboat had been hired toUPI - 129 words
-
Article24 1977-08-09 9 HONGKONG, Mon. More passenger, but fewer aircraft are coming to Hongkong's International Kal Tak Airport, according to statistics published here today.24 words
-
Article, Illustration607 1977-08-09 9 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Chatchawal (0900 29/30 Laksana 1 (after Bunga Seta war) 19 Losslebank (after Kelyo Maru) (Must sail not later than 1100/10 th) 46 Straat Luzon (after Ramon everett) 18 Vega (6LBP) (0530 tide) (after Don Ambroslo) 27/28. PASIR PANJANG WHARVES Elzan Maru (0600 after607 words
-
Article284 1977-08-09 9 ODESSA Ocean Line is owned by the Black Sea Shipping Company of the Soviet Union, one of the largest shlpownlng establishments In the world. It has a fleet of over 300 ocean-going dry cargo ships, bulk carriers, container ships, reefer vessels and roll on/ roll off (ro-ro)284 words
-
Article46 1977-08-09 9 AFP LONDON, Mon. World heavyweight boxing chamBlon Muhammad All flew ere from Washington yesterday aboard the Anglo-French supersonic airliner Concorde, and declared that the plane was "the greatest". He was In London to attend the premiere of his filmed biography, entitled "The Greatest". AFPAFP - 46 words
-
255 1977-08-09 9 AP LONDON, Mon. Two hundred and ninety angry passengers staged a sit-in on a British Airways jetliner when it landed with them here yesterday after their scheduled two-hour Journey turned Into a 19hour ordeal. Police were called to the tri-Star Jet, but theAP - 255 words
-
Article59 1977-08-09 9 JURONG Shipyard, together with the shipyard's branch of the Pioneer Industries Employees' Union (PIEU) will celebrate National Day on Wednesday In a special programme in which the President of NTUC, Mr. Phey Yew Kok, who Is also the general secretary of PIEU, and Mr. Low Ouan Onn,59 words
-
Article567 1977-08-09 9 ARRIVALS Service Local Operator Number Time From TMA TL304B 0530 TPE MAS MH682 0810 KCH PAN PA847 08M SOOTMi CPA CX710 1000 HLP GIA OA 980 1030 HLP THAI TG423 1035 BKK SIA SQ211 1045 HLP THAI TG981 1050 BKK OLA GA944 1055 PKU OIA GA908 1100567 words
-
Article96 1977-08-09 9 THE Trio Lines comprising five major shipping lines announced here yesterday that they have chartered the selfsustaining container vessel "Straits Enterprise" to operate a feeder service between Hongkong and Kaohsiung in Taiwan. The Trio Lines comprise Overseas Containers Limited, Ben Line Containers, Hapag-Lloyd. NYK Line and Mitsui-OSK96 words
-
-
Page 9 Advertisements
-
Advertisement274 1977-08-09 9 5^ k 1 I i Within a short period of six years, The Open University, a unique experiment in higher education, has become an established part of the educational scene. It is now recognised all over the world as one of the most important educational and social developments of this274 words
-
-
669 1977-08-09 10 GEORGE VINE - By GEORGE VINE Reuter BONN: About 3,000,000 Germans rolled over the Alps and descended upon the sunny Mediterranean last week as the big holiday wave began. In contrast to ancient times when the German hordes sacked Rome these annual invasions are welcomed byReuter - 669 words
-
Article718 1977-08-09 10 COLIN BICKLER - By COLIN BICKLER Reuter KOTA KINABALU: In a drive against piracy on the high seas, still not uncommon In waters around Borneo and southarn Philippines, Malaysia Is tightening control of the region's lucrative barter trading and smuggling. To keep track of the traders, they areReuter - 718 words
-
Article, Illustration999 1977-08-09 10 CLYDE FARNSWORTH - By CLYDE FARNSWORTH NYT WASHINGTON: Pounded In the closing days of World War n to accelerate the reconstruction of Europe, the World Bank has become the largest source of technological and financial assistance to the developing nations. Slowly, though perhaps with less lethargy than otherNYT - 999 words
-
Article549 1977-08-09 10 NYT SEOUL: Four hundred workers defiantly refuse to work compulsory overtime. Seven hundred strike for six hours over wage demands. More than 300 start a demonstration march that clashes with the police. The signs of mounting labour unrest In South Korea are unmistakable today, even thoughNYT - 549 words
-
2040 1977-08-09 10 POLICE Inspector M.M. Pillay was fined $250 last month for entering the Restricted Zone without an area licence on Nov. 11, 1975. Mr. Pillay was originally acquitted when a magistrate found that the Road Traffic Act did not empower the Minister to make rules in2,040 words
-
Page 10 Advertisements
-
Advertisement281 1977-08-09 10 d jiSs&M sf w, s W A $125/while stocks last! THE TIMES ATLAS of CHINA Tha Tim## Atlas of China Is far mora than a collaction of datallad, up-to-data mapa. It la an Informativa, ganaral gulda to modam China tha land itsatf, and tha aconomy and paoplaa It auatalna. Tha281 words
-
-
688 1977-08-09 11 THE RECENT government decision to scrap the 20 per cent Import duties on perfumes, cosmetics and toiletries will have substantial Impact on the first two items but much less on the third, industry sources point out. Local toiletries manufacturers, who supply more688 words
-
Article138 1977-08-09 11 AP HONGKONG, Mon. China has set a national goal for every rural person to receive one mou (0.008 hectare) of high yield land, free of drought and floods, by 1980, Hongkong's communist newspapers reported today. Quoting an official Hsinhua News Agency Sunday dispatch, the Chinese languageAP - 138 words
-
Article150 1977-08-09 11 Reuter LONDON, Mon. Supplies of the UK Government's short-dated tap bond were exhausted this morning, market sources said. The 9Va per cent 1981 stock was a £800 million (553.4 billion) issue for which applications opened last Thursday and market estimates then were that £500 million wasReuter - 150 words
-
230 1977-08-09 11 Reuter MANILA, Mon. Japan has become the first member country to take up its additional subscription for the expansion of the 42member Asian Development Bank (ADB), the bank said. For the capital increase to be effective, a total of at least 240,000Reuter - 230 words
-
Article90 1977-08-09 11 Reuter TOKYO, Mon. The Finance Ministry said It is drawing up a bill to levy additional taxes from next April on subsidiaries of Japanese companies headquartered in overseas tax havens. bill, to be presented to the Diet later this year, will aim at taxing theirReuter - 90 words
-
Article152 1977-08-09 11 Reuter HONGKONG, Mon. Hongkong's domestic exports of clothing (except fur clothing), textile yam and fabrics to the US rose to HKS2.7O billion (SSI.4 billion) in first half 1977 from $2.44 billion In the same 1976 period, a breakdown of Census and Statistics Department figures shows. However,Reuter - 152 words
-
141 1977-08-09 11 Reuter HONGKONG, Mon. Trade officials from Hongkong and the European Common Market today began Informal talks here on the future of the EEC-Hongkong textile agreement. The two sides are sounding each other out before formal negotiations on the new agreement which areReuter - 141 words
-
Article307 1977-08-09 11 Reuter MANILA. Men. International legal expert* will discuss problems of the world business community •ad implicatioaa of the growth of multinational corpora tioos at a aix-day law congress hare starting Aug 21, conference officials said today. The experts will also discuss regulation ofReuter - 307 words
-
466 1977-08-09 11 AFP TAIPEH, Mon. The damage caused by two recent typhoons, Thelma and Vera, has been an unexpected boon to Taiwan's third international seaport at Talchung. The newly-opened harbour in central Taiwan Is commanding more attention in International shipping circles since itAFP - 466 words
-
Article697 1977-08-09 11 NYT SAN FRANCISCO, Mon. Evidence turned up recently suggests that employees of the late Howard Hughes kept Important business matters from him and failed to warn him of the consequences of some actions, the principal administrator of the Hughes estate has told a federalNYT - 697 words
-
454 1977-08-09 11 Reuter SEOUL, Mon. South Korea is cutting the ceilings on foreign loan coupons to help prevent its rising foreign exchange reserves from pushing up Inflation. Finance Ministry officials said. Effective today, the celling on loans maturing In a year Is cut toReuter - 454 words
-
198 1977-08-09 11 Reuter TOKYO, Mon. The Japanese motor, steel, colour TV and shipbuilding industries should control their exports, the Industrial Planning Council, a panel of business leaders and scholars said. In a report on the reformation of Japan's trade structure, It said active exports ofReuter - 198 words
-
Article47 1977-08-09 11 Reuter TOKYO, Mon. Japan's seasonally adjusted private sector orders for machinery, excluding ships, rose 4.2 per cent In June to 227.9 billion yen (552.05 billion) from 218.8 billion In May, when they fell 28.3 per cent from April, the Economic Planning Agency said. Reuter.Reuter - 47 words
-
Article115 1977-08-09 11 Reuter TOKYO, Mon. Cuba has offered to sell whatever amount of spot raw sugar Japan wants between December 1978 and October 1979 at world market prices, Japanese Importers said. The proposal was made by the visiting president of Cuba's state-run sugar core ration (Cubazucar) Mr.Reuter - 115 words
-
418 1977-08-09 11 Reuter BRISBANE, Mon. The Moscow Narodny Bank Ltd appointed receivers and managers to Brisbanebased Investor and Veal estate company, Comfin Australia Ltd and 11 of its 25 subsidiaries, the manager, Mr. John Allpass, of accounting firm Peat Marwlck Mitchell and Co. said. The bankReuter - 418 words
-
106 1977-08-09 11 THE Institute of Chartered Accountants in Australia Is to hold a seminar In Singapore after its golden jubilee In June next year. According to Mr. Richard Denton, deputy president of the institute, the seminar will be Jointly sponsored by the Singapore Society of Accountants. It will106 words
-
Page 11 Advertisements
-
Advertisement300 1977-08-09 11 APPOINTMENTS A WELL KNOWN AND LONG ESTABLISHED GROUP OF COMPANIES IN SINGAPORE SEEKS A PRINCIPAL AND MANAGER FOR ITS NEWLY ACQUIRED COMMERCIAL SCHOOL The school provides day and evening instruction of good quality in secretarial subjects and office skills. The newly appointed Principal will be required to discharge the usual300 words
-
Advertisement351 1977-08-09 11 S ALUMINIUM DIVISION We ore a leading manufacturer of quality aluminium and stainless steel products. We invite suitably qualified and experienced persons to fill the position of: PRODUCTION ENGINEER The Job: To organise, supervise and motivate a workforce of 40-50 workmen on Standard and Semi-standard line production in aluminium and351 words
-
-
334 1977-08-09 12 THE UK-bated Norwich Winterthur Holdings, joint multi-national firm of three large international insurance groufs, last week. started its general insurance operations here through its wholly-owned, Singapore-registered subsidiary, Norwich Winterthur Insurance (Far East). The new insurance company has since taken over the operations and liabilities334 words
-
170 1977-08-09 12 UPI NAIROBI, Mon. Zambia is seeking compensation of up to US$3 billion (557.3 billion) against International oil companies because of their dealings with Rhodesia, the Standard newspaper said today. "This would be the largest claim ever filed against any institution or individualUPI - 170 words
-
1090 1977-08-09 12 THE commerce sector has overtaken the transport sector In Importance to the Singapore economy. According to statistics published with the Prime Minister's 3peech, the commerce sector was responsible (or a lion's share of Singapore's economic growth In the first half of1,090 words
-
405 1977-08-09 12 INDUSTRIAL parties In Singapore continue to persist in submitting collective agreements which are ambiguous and which contain uncertain provisions despite their past experience. This costs the Industrial Arbitration Court considerable time In checking them, according to its president, Mr. Tan Boon Chiang,405 words
-
151 1977-08-09 12 Reuter TAIPEH, Mon. The Economic Planning Council (EPC) here has urged the strengthening of Taiwan's links with the members of Asean to ensure an adequate supply of key raw materials. The proposal was contained in an EPC report released over the weekend andReuter - 151 words
-
321 1977-08-09 12 Reuter TOKYO, Mon. Japanese rice stocks will probably double to four million tonnes by the end of 1978 and cause major storage and disposal problems, the Ministry of Agriculture and Forestry said. It said firm measures are needed to tighten the present sevenReuter - 321 words
-
Article111 1977-08-09 12 AFP PENANG, Mon. About 250 local and foreign investors have been invited to attend a three-day seminar on Investment to be held here from Aug. 11 to 13. The seminar will explain the regulations, incentives, service and opportunities provided by the government for investors. It will beAFP - 111 words
-
71 1977-08-09 12 AFP TAIPEH, Mon. Four local businessmen, including three brothers, have been arrested on charges of using fraudulent Banque Natlonale de Paris letters of credit In alleged collaboration with two Singaporeans. Police Identified the four as Tsal Tsui-po, Tsal Tsulchlng, Tsal Tsul-fung and LI Tung-sheng.AFP - 71 words
-
Article175 1977-08-09 12 SINGAPORE'S Ambassador to Thailand, Mr. Chi Owyang and business magnate, Mr. Runme Shaw, head the list of National Day honours this year. Both Messrs. Chi Owyang and Shaw who Is the former chairman of the Singapore Tourist Promotion Board, have been awarded the Meritorious175 words
-
Article142 1977-08-09 12 SINGAPORE'S trade performance so far this year has been good and the progress made by Asean gives confidence for prospects In the future, said Mr. Wee Cho Yaw yesterday. Mr. Wee. who Is chairman of the Singapore Chinese Chamber of Commerce and Industry, said142 words
-
Article134 1977-08-09 12 SINGAPOREANS should be prepared to endure unpleasant and unpopular shortterm measures In order to achieve long-term benefits, for only then can future problems be overcome. This was the message put forward by Mr. Bernard Chen, Minister of State for Defence, at the twelfth national day celebration134 words
-
Article668 1977-08-09 12 LONDON, Mon. The stock market was higher today reflecting the trend to lower Interest rates and optimistic outlook on the economy, dealers said. Stock shortage accentuated the advance with profit-taking well absorbed, dealers added, at 3 pm the Financial Times Index was up 12.7 at 482.9, the hlghflrt668 words
-
435 1977-08-09 12 Reuter KUALA LUMPUR, Mon. Japanese Prime Minister Takeo Fukuda told Australlan Prime Minister Malcolm Fraser the dispute between Japanese sugar refiners and CSR Ltd of Australia over CSR's longterm Japanese sugar sales contract should be resolved by commercial negotiations, Australian officials said. TheReuter - 435 words
-
Article110 1977-08-09 12 TOKYO, Mon. Japan will not yield to a British request for voluntary restrictions on car exports, Industry sources hinted today. According to the sources, British car manufacturers are expected to ask Japanese makers to reduce shipments of cars to Britain at their meeting, opening on110 words
-
544 1977-08-09 12 THE Prime Minister Mr. Lee Kuan Yew said that things might have been different In the association's dialogue with Japan If there had been a different level of concensus within the group. Speaking at a press conference yesterday morning after the "five544 words
-
432 1977-08-09 12 NEW Zealand Prime Minister Robert Muldoon yesterday announced at his meeting with the five Asean heads of government that he Is prepared to consider and take concrete steps to allow freer access for Asean goods into his home market. Mr. Muldoon432 words
-
Article138 1977-08-09 12 AP KUALA LUMPUR, Mon. Indonesian President Suharto said today that the second Asean summit meeting here last week had greatly Improved the understanding and strengthened the spirit and the unity among Asean countries. On the Asean meetings with Australia, Japan and New Zealand, Mr. Suharto expressedAP - 138 words
-
Article71 1977-08-09 12 MANILA, Mon. Leading 1 Filipino newspaper colum- i nlst Teodoro Valencia today said the flag carriers of each i of the Asean countries could j find a way to operate an j Asean airlines. I In his column in the j Philippines Evening Express, Mr. Valencia said.: "Garuda71 words
-
Page 12 Advertisements
-
Advertisement20 1977-08-09 12 Ex "Directors' Emotamab. £130.743 (1975 £189.347)" MOSCOW MMONV MM UWTD INCORPORATED IN LONDON IN 1)19 AS A PRIVATE LIMITED COMPANY20 words
-
Advertisement102 1977-08-09 12 wmM, SL' «Ss In this case (1) Tough, hard-wearing AOs'shels. (4) Detochoble wming board (2) Convenient pockets (5) Comfort handle (3) Rust-resistant frame (6) Combination lock In this cose, you! have the more spodous of the Attache series. Equipped with o writing platform ond secret comportment Ample for executives. And102 words
-