The Business Times, 7 September 1977
1977-09-07
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The Business Times
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Title Section10 1977-09-07 1 BUSINESS TIMES M.C.(P) 300/1/77 WEDNESDAY, SEPTEMBER 7, 1977 50 CENTS10 words
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NEWS IN BRIEF
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Article97 1977-09-07 1 AFP KUALA LUMPUR, Tues. The National Bureau of Investigations (NBI) Is expected to make several arrests within the next few days In connection with the Northrop case, the national newsagency Bernama reported today. At least one former senior Royal Malaysian Air Force (RMAF) officer is allegedAFP - 97 words
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Article93 1977-09-07 1 AP BEIRUT, Tues. The Beirut Stock Exchange, shut down by the civil war 18 months ago, reopened today with a lot of fanfare and little trading. The "bourse", the only official stock exchange in the Arab world before the war, opened for an hour In makeshift quartersAP - 93 words
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Article43 1977-09-07 1 Reuter CANBERRA, Tues. Australia's federal attorney general, Mr. Robert Ellicott, resigned today because the government refused to allow him to take over and pursue a criminal case against former Prime Minister Gough Whitlam and three other former Labour ministers. Reuter.Reuter - 43 words
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Article77 1977-09-07 1 AFP HONGKONG, Tues. China has discovered another mammoth oilfield "almost on the doorsteps of Peking," according to an article in the latest issue of the People's Literature, which also disclosed that after the first high-yield oil well was struck at Kuchienshan (Kuchien Mountain) several more high-yieldAFP - 77 words
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Article72 1977-09-07 1 SINGAPORE is one of the largest per capita consumers of poultry in the world, especially ducks, said Mr. Glenn A. Wood, consultant to the Poultry and Egg Institute of America (PEIA). At the third PEIA seminar held at the ShangriLa Hotel yesterday, Mr. Wood said that the Republic72 words
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Article51 1977-09-07 1 Reuter BLACKPOOL, Tues. Britain's 11 million-strong Trades Union Congress today called for an end to economic relations between the UK and the regimes in southern Africa. A motion carried unanimously at the annual congress here called on the Labour Government to ban Investments in southern Africa immediately.Reuter - 51 words
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Article62 1977-09-07 1 UPI NEW YORK, Tues. Stocks headed higher early today in moderate post-Labour Day holiday trading. There was little in the news background to influence the market in either direction. Early advances were attributed to bargain hunting and short-covering. The Dow Jones industrial average, which gained 7.45 points onUPI - 62 words
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Chief Price Changes
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Article, Illustration163 1977-09-07 1 THE Singapore stock market yesterday continued to weaken on profit-taking and stale bull liquidation accounts. Marginal losses were reported across the board. At the close, the Business Times index dipped 0.67 point to 429.63 and the Straits Times Industrial index shed 0.92 point to 267.08. Rises Most163 words
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Article102 1977-09-07 1 Foils Most active Berjuntal Rahman Hy Tronoh Shell Kamuntlng SHChan PacDev 8.75 3.79 5.68 2.02 2.38 2.45 3.02 -.25 -.08 -.08 -.06 -.06 -.06 -.06 Olympla 430,00 Sim Urn 217 ooo Tganu Dev. M*a Weaving 157.000 Total Turnover: 2.01 M Total Value: MS4.07 M Dunlop SBS 3.54102 words
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Article1118 1977-09-07 1 JOHN TAN - MOMENT OF TRUTH FOR BANKS By JOHN TAN MOST banks and finance companies which lent out on a massive scale against property are now finding to their horror that their loans are not as secure as they were thought to be. For when a loan1,118 words
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Article486 1977-09-07 1 THE Mitsui Bank is financing the $40 plus million Hlllcrest Arcadia project by Sankan Hillcrest Pte. Ltd., the first Japanese real estate developer in Singapore to develop a condominium of this scale. This was revealed at a press conference yesterday evening at the Shangri-La Hotel, with486 words
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919 1977-09-07 1 THE 68 Insurance companies In Singapore at the end of last year controlled nearly $600 million in assets but business Is unevenly distributed among them. The largest company, Great Eastern Life Assurance, controlled over a fifth of total assets, according to the annual report919 words
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333 1977-09-07 1 Reuter AFP KUWAIT, Tues. Kuwait C" uu to reduce ita oil price 12 US cents (529 cents) barrel from $12.37 because low demand for its heavy crude oil has led to a fall in output to some 1.4 million barrels aReuter; AFP - 333 words
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484 1977-09-07 1 AGAINST A backdrop of a decline in bank savings deposits ctnd a slight Increase for finance companies, the Post Office Savings Banx has recorded an Increase of $47 million In deposits In July compared with an average lnciease of $33 million for May and484 words
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146 1977-09-07 1 Reuter TOKYO, Tues. Asia faces a possible shortfall In food production ranging from 24 to 30 million tonnes by 1985, according to an Asian Development Bank (ADB) survey. The survey, carried out by a task force of international development experts at the bank'sReuter - 146 words
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Page 1 Advertisements
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Advertisement78 1977-09-07 1 With a Reputation for Unrivalled Security and Fair Dealing over 132 years, Our Clients can be Assured. jj±a±j Bl Royal Insurance (k>corpof*te<J in ln^l«*nd looks after you. Fast 18th Fir., Ocean Building, Co)lyer Quay, S'pore 1. Tel: ***** (10 lines) I Ovarm* New*/ Communications —P7 TV* Radio -PI Local Stocks78 words
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Advertisement89 1977-09-07 1 SONY VIDEO SYSTEM Trust Sony Cot your video With customary vision JL and foresight Sony pioneered video equipment. Today, Sony is one of the world's foremost manufacturers of integrated video equipment. Research and experiments are continuously carried out to bring you the most advanced and sophisticated video components. Mjijwg SONY"89 words
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Advertisement149 1977-09-07 1 I Gas has got a flame TABS OTA Any person seated at this desk can do the work of three people Yes. one person to handle all customer accounts. Calculate and complete invoices. Prepare statements. Process payroll. Control the ledgers. Control stock flow. All these procedures completed at electronic speeds149 words
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OVERSEAS
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407 1977-09-07 2 UPI TOKYO. Tues. US officials today asked Japan to take steps to reduce its huge trade surplus with the United States, which could reach a record level of US$lO billion (5524.5 billion) this year. Officials of the two countries began aUPI - 407 words
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Article56 1977-09-07 2 AFP TOKYO. Tues. The number of unemployed In Japan in July totalled 1,050,000 or 60,000 more than in the same month of last year, it was reported today. The unemployment rate after seasonal adjustment stood at 2.13 per cent, representing a continuous rise since last February,AFP - 56 words
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253 1977-09-07 2 UPI TOKYO, Tuea. The Japanese steel industry will not supply China with their steel products in future unless Peking agrees to review export prices of the first half of 1977, the newspaper Asa hi reported today. Asa hi said the proposal was madeUPI - 253 words
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829 1977-09-07 2 AP JAKARTA, Tues. The government Is beginning strict enforcement of tax laws to catch civil servants who evade taxes or charge Illegal fees for their services. President Suharto recently ordered members of his Cabinet to act against bureaucrats who flouted tax laws. In April,AP - 829 words
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Article198 1977-09-07 2 Reuter CALCUTTA, Tues. Imports of major base metals like copper, lead, tin and zinc rose In the first half of this year by 57 per cent to 72,179 tonnes from 46,077 tonnes during the same period last year, according to Customs returns, the official news agency, Samachar,Reuter - 198 words
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Article197 1977-09-07 2 Reuter LIMA. Tues. Peru's Economy and Finance Minister, General Alclbiades Saenz Barsallo, said he will visit Washington at the end of this month to negotiate a standby credit with the IMF. Peru needs a standby credit from the IMF in order to obtain moreReuter - 197 words
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310 1977-09-07 3 Reuter LONDON, Tues. Britain's public sector borrowing requirement seasonally adjusted, fell to £1.7 billion (Sss.l billion) in the second quarter from £2.1 billion In the first quarter and £2.8 billion in the second quarter of 1976, the Treasury said. Annuallsatlon of theReuter - 310 words
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Article137 1977-09-07 3 Reuter LISBON, Tues. The Portuguese escudo, which has depreciated by almost five per cent against the US dollar and sterling since new austerity measures were announced on Aug 25, will soon be stabilised, Finance Minister Henrique Medina Carrelra said. He said that from next week theReuter - 137 words
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756 1977-09-07 3 Reuter FRANKFURT, Tues. Margins for prime name government borrowers on the medium term syndicated Euromarket are on the point of falling to 3/4 per cent over Eurodollar Interbank rates, a step nearer the record lows of between 3/8 and 1/2 per cent reached in 1973/74,Reuter - 756 words
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517 1977-09-07 3 NYT NEW YORK, Tues. A subject close to the hearts, and pocketbooks, of most Americans is the sanctity of their tax returns. Hardly anyone enjoys paying taxes, and the least taxpayers expect in return is assurance from the government that their personal financialNYT - 517 words
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170 1977-09-07 3 Reuter THE HAGUE, Tues. The Dutch Economics Ministry has commissioned two studies of Dutch industrial prospects and the findings will allow the government to determine policies to stimulate activity, the ministry said. The American management consultants, McKlnsey and Co, are questioning foreign companies on theReuter - 170 words
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111 1977-09-07 3 PARIS, Tues. A levy on certain financial bodies Is being considered for Inclusion in France's 1978 budget which will be presented tomorrow, official sources said. But they said the tax will not apply only to banks, and described suggestions in yesterday's Le Monde newspaper111 words
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Article212 1977-09-07 3 Reuter BONN, Tues. West German Chancellor Helmut Schmidt ruled out introduction of a one-year income and corporation tax cut under the stability law as a way of raising demand in Germany. He told an executive committee meeting of the Social Democratic Party, leading memberReuter - 212 words
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88 1977-09-07 3 Reuter FRANKFURT, Tues. The Bundesbank said it is withdrawing its 10-day bill offer facility with immediate effect. The facility allows banks to sell bills to the Bundesbank over 10-day periods at a rate which has stood at 31/2 per cent, equal to bank rate, since JulyReuter - 88 words
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Article417 1977-09-07 3 NYT NEW YORK, Tues. Business was not exactly booming In the second quarter for the US offices of New York City's biggest banks. Overseas, however, their foreign branches were reporting handsomely climbing demand. The divergent trends emerge from a look at the "call reports" which NewNYT - 417 words
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Article168 1977-09-07 3 Reuter LONDON, Tues. The EEC Commission has written to the British Bankers Association (B--BA) and the Foreign Exchange and Currency Deposit Brokers Association, (FECDA) informing them it lua been asked to institute proceedings against them under Common Market anti-cartel regulations, the British Bankers Association confirmed.Reuter - 168 words
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Article72 1977-09-07 3 GENEVA, Tues. Developing countries debt problem* are crying out for attention and acquiring increasingly serious dimensions the secretary general of the United Nations Conference on Trade and Development (Unctad), Gamini Corea, told delegates preparing a ministerial meeting on debt scheduled for January. The current account72 words
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506 1977-09-07 3 UPI WASHINGTON. Tues. Senators Abraham Rlblcoff and Charles Percy told President Carter yesterday that "allegations of Illegalities of a serious nature" have been uncovered against Budget Director Bert Lance and he ought to resign. The White House promised "a written statement" shortly. AccordingUPI - 506 words
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Page 2 Advertisements
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Advertisement1100 1977-09-07 2 CREDIT CORPORATION (SINGAPORE) LIMITED EMPLOYMENT OF CAPITAL FIXED ASSETS 2 CURRENT ASSETS Amount owing under hire purchase and lease agreements less provision tor doubtful debts of *****.851 (1976 SS850.000) 3 Goods on lease 4 Other debtors Amounts due from associated corporations Statutory deposit with the Monetary Authority of Singapore Deposits1,100 words
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Page 2 Miscellaneous
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Miscellaneous8 1977-09-07 2 BriStoW: Ehcicens I HC42C LOG F*£ iMG PTi^R8 words
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Miscellaneous301 1977-09-07 2 THE WEATHER WEATHER report for 24 hours prior to 7.30 pm on Sept. 6 at Singapore airport. Maximum Temperature 27.6° C Associated Humidity 79 Minimum Temperature 22.7° C Associated Humidity 100 Hours of Sunshine 0.55 Rainfall in Millimetres 22.4 Total Rainfall for the Month 22.9 Total Rainy Days for the301 words
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Page 3 Advertisements
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Advertisement11 1977-09-07 3 ♦Mi DM! SaM* 40« SrcM Tw«fi T«4: 11I7M1. ***** U. 23STM3 +{^.{|,@<*"'.|}]&{)~[]]=&;^,_~,11 words
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Advertisement354 1977-09-07 3 ANNOUNCEMENT A word. (Hi computing: FLEXIBILITY If you are a computer user, or you are about to become one STOP and COMPUTE. It's probable you would be better off with a Computer Bureau. Why? Because the Computer Bureau provides the flexibility an in-house computer would find hard to match. Flexibility354 words
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Page 3 Miscellaneous
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Miscellaneous587 1977-09-07 3 TWO-IN-ONE CROSSWORD ACROSS 23 Prepare railway points (4) 26 Devilish article held by Sun 28 Amiable girl (3) 29 Brood In the car? (6) 30 Farther round (6) 31 World-wide radio subject (4) 32 Hard lines at chemmy (8) 33 One of those Jobs for the boys (6) DOWN 22587 words
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COMPANY NEWS
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511 1977-09-07 4 LIKE most finance companies, growth at Hong Leong Finance has slowed down considerably during the first half of the current year ending Dec 31, 1977 with group pre-tax profit rising by 9.6 per cent to $3.72 million despite a hefty 29.9511 words
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Article336 1977-09-07 4 Current Ex Date Total for Total for payment Date payable the year previous year Berjav a Kawat 5%TE Aug 16 Sept 9 10%TEb 7.5%TE I'td Malacca 18% Aug 23 Sept 10 24% 20% Selangor Properties 8% I Aug 23 Sept 18 8%I 16% Alexandra Holdings 5% Sept 6336 words
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COMPANY MEETINGS
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Article25 1977-09-07 4 THE following company meetings are due: Sept. 17, 12 noon at the Gardenia Room Shangri-La Hotel, 22 Orange Grove Road, Singapore 10.25 words
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Article18 1977-09-07 4 Sept. 17 at 15th Floor, Rooms 1511/1512, Shing Kwan House, 4 Shenton Way. Singapore 1.18 words
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Article11 1977-09-07 4 Sept. 19 at the Registered Office, Batu Tiga, Selangor.11 words
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Article17 1977-09-07 4 Sept 20 at the Cempaka Room, Hotel Equatorial. Jalan Sultan Ismail, Kuala Lumpur, Malaylsa.17 words
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Article23 1977-09-07 4 Sept 21 at 10.30 a.m. at the Registered Office. 12th Floor. Yee Seng Building, Jalan Raja Chulan, Kuala Lumpur.23 words
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Article23 1977-09-07 4 Sept 21 at 11.00 a.m. at the Registered Office, 12th Floor, Yee Seng Building, Jalan Raja Chualan. KUALA Lumpur.23 words
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18 1977-09-07 4 Sept 29 at 11.00 a.m. at Ban Hln Lee Bank Chambers, Beach Street, Penang.18 words
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Article18 1977-09-07 4 Sept 29 at 10 a.m. at Ban Hln Lee Bank Chambers, Ist floor, Beach Street, Penang.18 words
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Article19 1977-09-07 4 Sept 29 at 10.30 a.m. at Ban Hln Lee Bank Chambers, Ist floor, Beach Street, Penang.19 words
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Article506 1977-09-07 4 JACK CHIA-MPH has come a long way since It assumed Its present structure following the reverse takeover In 1972. For the year ended March 31, 1977 the group recorded Its highest ever pre-tax profits of $5.05 million, up 38 per cent on the previous year's earnings.506 words
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474 1977-09-07 4 TIMURAN HOLDINGS apparently had an Indifferent first half-year with pre-tax profit marginally ahead at M 51.61 million against $1.58 million In the previous corresponding period. Sales Inched 3.8 per cent up to $24.87 million during this six-month period ended June 30, 1977. In 1976, the474 words
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LATEST RESULTS
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Article47 1977-09-07 4 PREMIUM HOLDINGS Unaudited group pre-tax profit M 52.13 million ($86,000) for the first halfyear ended June 30, 1977. Turnover $4.99 million ($2.08 million). Rubber production 1.02 million lbs (852,000 lbs), palm oil 3,230 long tons (1,640 long tons) and palm kernel 790 long tons (315 long tons).47 words
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350 1977-09-07 4 NEW tln-bearlng land In Perak Is to be developed subject to official approvals by a partnership between Oopeng Consolidated and Syarlkat Pertnodalan dan Perusahaan Perak (Perak Investment and Industrial Company). Agreement has been reached In principle between the British registered tin company and350 words
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854 1977-09-07 4 NYT NEW YORK: Individual Investors may be disenchanted with ln-and-out trading In the stock market, but they are accumulating shares by reinvesting their dividends at a record clip. It's no way to get rich quick, but It's steady and convenient bothNYT - 854 words
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Article171 1977-09-07 4 Reuter TOKYO. Tues. Nissan Motor said it revised upwards Its forecast of aftertax profit for the year ending March 31, 1978 to 87 billion yen from the previous forecast of 84 to 85 billion yen. Nissan also revised upwards its sales forecast to 2.26 trillion yenReuter - 171 words
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Page 4 Advertisements
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Advertisement38 1977-09-07 4 SIN CHEW JIT POH the largest Chinese daily in Singapore \\e are the paper for the publie businessmen, consumers in fact, everybody See what we are up to these days at ABKX 77 >4BEX 77 AS\AN BUSINESS EXPO38 words
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Advertisement300 1977-09-07 4 ycu ACE INVITEE) to the First International Exhibition of Business Equipment Services in Southeast Asia xeEX? /4SWN BUSINESS EXPO September 7, 8. 9, 10,1977 Hyatt Singapore Hotel Convention Centre A Rewarding Event for Business Personnel in Industry, Retailing, Wholesaling, Commerce 165 DISPLAYS... of equipment and systems for data processing, copying,300 words
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Article67 1977-09-07 5 Reuter LONDON, Tues. The Republic of Venezuela will raise a US$39O million loan over seven years at per cent above London Interbank offered rates, informed Eurocurrency banking sources said. They said manufacturers Hanover, the merchant banking arm of manufacturers Hanover Trust, Is lead manager. Venezuela'sReuter - 67 words
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Article52 1977-09-07 5 Reuter FRANKFURT, Tues. The 100 million mark Eurobond for the Republic of Argentina is due to go Into the market today with a seven year maturity and probably a 7V» per cent coupon, bond market sources said. Final conditions have not yet been fixed. Lead manager IsReuter - 52 words
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Article46 1977-09-07 5 Reuter LONDON, Tues. Nippon Chemical Condenser said arrangements are being made to issue 3.6 million shares of common stock, of 50 yen per share par value to be represented by continental depository receipts, by means of a public offering In the international market. ReuterReuter - 46 words
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Article61 1977-09-07 5 UPI OSAKA. Tues. Shikibo, a spinning company in Osaka, said it will set up a ««ihsidlarv in Tokyo to promote sales of apparel, primarily knitted wear. The company said the new firm. Shikibo Apparel, will be capitalised at 50 million yen and use the sales network left byUPI - 61 words
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Article25 1977-09-07 5 Reuter NEW YORK, Tues. Morgan Guaranty Trust said it opened a branch in Hongkong. It has had a representative office there since 1963. Reuter.Reuter - 25 words
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830 1977-09-07 5 FT JOHANNESBURG, Tues. The recent "Samancor affair" in South Africa has cast considerable doubt over the future control of this ble manganese and ferro-alloy producer, In which the state steel group Iscor is the biggest shareholder, and over the government's attitude to ItsFT - 830 words
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Article399 1977-09-07 5 NYT NEW YORK: An eight-year-old battle between the Securities and Exchange Commission and Allen and Company Inc., the Wall Street investment house, has finally ended, with Allen the winner. The cost was exorbitant, according to Herbert Allen, 37-year-old president. The government agency had sued Allen inNYT - 399 words
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Article101 1977-09-07 5 Reuter MANILA, Tues v A consortium led by the American Oil Company (Amoco) has flowed a "significant amount of (Ml" In Its Cadlao 1 well off Palawan Island, the Philippine Energy Development Board (EDB) said. The EDB said Amoco successfully completed a drill stem test last SundayReuter - 101 words
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334 1977-09-07 5 Reuter BRISBANE, Tues. Mim Holdings reported audited consolidated net earnings rose about 83 per cent from A 522.81 million to $44.08 million for the year ended June 30, 1977. This constitutes earnings of 15.4 cents per share, up from eight cents previously. ItReuter - 334 words
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Article204 1977-09-07 5 FT ZURICH. Tues. As a new contender for a share package In the Swiss shoe company C. F. Bally-AO, the Zurich businessman Karl Schwerl has entered Into negotiations with company vice-president and major shareholder Werner Rey. Mr. Schwerl Is the proprietor of Denner, the largeFT - 204 words
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Article92 1977-09-07 5 Reuter LONDON, Tues. Terms of a bid have been agreed for Coalite and Chemical Products to make offers for th# whole of the Issued capital It does not already own of Charrlngtons Industrial Holdings, a Joint announcement stated. Coalite win offer for every two Charrlngtons ordinary, oneReuter - 92 words
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155 1977-09-07 5 LONDON, Tues. Electrolux AB, the Swedish domestic appliances and Industrial cleaning group said It made a pre-tax profit of 292 million Swedish crowns on sales of 4.25 billion crowns In the first half-year ended June 30, 1977. This represents a five per cent Increase155 words
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108 1977-09-07 5 Reuter 4MSTERTERDAM, Tues. Norway will make a private placement of up to 100 million guilders of 6% per cent five-year notes prices at 99Vi per cent, Algemene Bank Nederland NV said. The notes will be redeemed on Oct 1, 1982. Early redemption IsReuter - 108 words
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Article34 1977-09-07 5 Reuter LONDON, Tues. Uddevallavarvet AB has made a US$23 million private placement with a 1\ per cent coupon, payable annually on Sept 15, and priced at par, Hambros Bank said as lead manager.Reuter - 34 words
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Article784 1977-09-07 5 FT JOHANNESBURG: Mr. Louis Luyt, the mercurial South African entrepreneur whose talent for controversy makes him In some ways the local counterpart of Lonrho's Tiny Rowland, is In hot water again. Irritated by the low rating accorded to the shares In hs main company,FT - 784 words
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Page 5 Advertisements
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Advertisement454 1977-09-07 5 The system that means business... the Hewlett-Packard 9896 Business Your business revolves around figures It's an inescapable fact, every day your business is concerned with financial control: accounts, inventory, ledgers, budgeting, payroll and so on. You and your staff need facts and figures at your fingertips rapidly and clearly to454 words
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COMMODITY REPORTS AND PRICES
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Article533 1977-09-07 6 ON THE Singapore rubber market yesterday, quotations were marked up 2.25 cents initially following higher London advices and advanced further on scattered shortcoverlng and buying, dealers said. Past noon, values firmed on trade and speculative demand before proflttaklng appeared to pare the gain slightly, they533 words
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Article348 1977-09-07 6 Prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S prompt f o b. 212.00 213 OON 213.00 214.OON Int. 1 R.S S. September 213 25 213.75 214 25 214.75 Int. 1 R.S.S. October 214 25 214.75 215.50 216.00348 words
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Article109 1977-09-07 6 NOON SSR and SMR prices yesterday: R.A.S. (CurrmtMth) October (ForwardMtk) Buver* (ccnup ScUifi arks) Buyer* (cents Sellers peek>) SSR 20 (1-ton pallet) 202 50 204 50N 203.00 205 00N SSR SO (1-ton pallet) 200 00 202.00N 200 50 202 SON MRELB SMR5CV (1-ton pallet) 220 00 228.00N109 words
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Article30 1977-09-07 6 Rubber: Sept 6 Singapore: September 214.25 cents (up 5.75 cents) Malaysia: October 216.25 cents (up 5.50 cents) Tin: $1,580 (down $11) Official offering: 221 tonnes (up 26 tonnes)30 words
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Article372 1977-09-07 6 THE Singapore Produce Market yesterday continued to be lethargic for want of foreign buying Interests. Coconut oil advanced in close sympathy with the firmer trend in the Chicago edible oil market. Oolng by the Singapore Chinese Produce Exchange nominal quotations, coconut oil both in bulk and In drum372 words
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Article89 1977-09-07 6 HONGKONG, Tues. The cotton futures market closed easier in fairly quiet trading due to the absence of New York advices, dealers said. Losses ranged from 0.08 to 0.65 US cents. Total turnover rose to 16 lots from yesterday's 11. Open position after yesterday's trading were 163 lots, centring89 words
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Article195 1977-09-07 6 YARN and cotton spot exgodown prices In HK dollars: emu Van: Chin* Blue Phoexls 20 s 1.900. 32 s 2.000. 40 s 2,100. (per bale of lbs) Pim Comb: China Butterfly and Olobe Brand unq. Dragon Head una, Five Lambs unq. Flower and Butterfly unq. Flyln(Oeese unq. (per195 words
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Article75 1977-09-07 6 SHIPMENT of Straits refined tin from Pen&ng during August 1977: JaWAuf Destination Shipped Afloat Shipped Tonne* Tonne* Toon** Africa 20 00 Australasia 41.00 212 00 Canada 10.00 55 00 Continent 1.266 00 12.680.25 India 120.75 1.468 50 Japan 1,384.75 120.00 9.877 00 West Asia 51.00 387 50 Pacific75 words
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Article57 1977-09-07 6 C.I.F. Rotterdam. US dollars per ton. LONDON Maaday PreviMM Malaysia J* (fa bulk Nov 433 sir 433 sir Sumatra 5% f fa Sept 510 Sir 505 sir Oct MS/460 pd 460/442 50 pd Nov 450 sir 442.50/441.50 pd December 445 sir 440 pd January ROTTERDAM: 422.50 pd 422.5057 words
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Article196 1977-09-07 6 BANGKOK, Tues. Indicative prices quoted here today were unchanged from yesterday: (Prices in US dollars per tonne fob basis Bangkok) WhiU Rice: 100 pet Ist class 306. 100 pet 2nd 292, 100 pet 3rd 286. 5 pet 277. 10 pet 255 15 pet 252. 20 pet 240. 25 pet196 words
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Article274 1977-09-07 6 LONDON, Tues. Terminal sugar was £0.05 lower to £35 per tonne hlgfter at the opening call but was rather hesitant In open trading In front of today's New York opening. The overall advance was seen by dealers as a follow up from yesterday's steadiness although they said, there was274 words
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Article366 1977-09-07 6 LONDON, Tues Coffee opened quiet, £1 lower to £6 higher on volume of only 86 lots. Prices drifted inside a narrow £10 range. Lack of outside news to Influence trading kept activity at a minimum, traders said. The USDA Foreign Agricultural Service cut In its coffee production estimate appeared366 words
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Article178 1977-09-07 6 Reuter TAIPEI. Tues. Taiwan will export 200,000 tonnes of surplus rice before the end of next January, Mr. Huang Chin-feng. director of the Taiwan Food Bureau, said. Mr. Huang told the Taiwan Provincial Assembly that stepplngup rice exports was one of the measures being takenReuter - 178 words
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251 1977-09-07 6 Reuter LONDON, Tues. World output of coconut oil this marketing year dipped by 285,000 tonnes or 9.2 percent from a year earlier and Is more likely to decline further rather than Increase In the new year starting Oct 1, according to the Hamburg-baaed weeklyReuter - 251 words
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101 1977-09-07 6 Reuter BANQKOK. Tues. The Thai government banned exports of all kinds of kenaf except kenaf products, to prevent a domestic shortage. a royal decree said. Thailand produced about 590,000 tonnes of kenaf In 1973/74 but production decreased gradually to 180,000 tonnes In 1976 mReuter - 101 words
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Article128 1977-09-07 6 KUALA LUMPUR, Tues. West Malaysian rubber production In June rose to 118,474 but was below the 129,427 tonnes In June 1976, Statistic Department figures show. Reports in June also Increased to 112,701 tonnes from the 107,442 tonnes In May and 103.964 tonnes In June 1976. Imports128 words
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Article202 1977-09-07 6 LONDON, Tues. Copper wire bars finished the morning with gains of mostly 14.50 per tonne. Yesterday's gains were extended on covering Induced by some European consumer demand and expectations of a steady reopening at New York, dealers said. Three Months traded up to £712 per tonne on the pre-market202 words
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Article89 1977-09-07 6 LONDON, Tues. Lead rose by £4.25 for cash and £5 for Three Months. The continued buoyancy of copper aided this metal with fresh and chartist buying taking Three Months up to £337 per tonne before lightweight proflttaklng shaded values. Sales were 3,025 tonnes. On Monday, lead on the day89 words
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Article93 1977-09-07 6 LONDON, Tues. Zinc gained £4 for cash and £3.50 for Three Months. This metal was also given some chart support but the less sound fundamental position compared with lead Induced hedge selling which pared the advance. Three Months traded up to £320 in the pre-market but slipped to £31793 words
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Article242 1977-09-07 6 LONDON, Tues. Cocoa futures opened £6 lower to £3 higher In a thinly traded first call, but eased off In open trading with pressure on the nearbys a notable feature. Dealers said the easiness carried over from yesterday reflected market talk that Cameroun cocoa was about to be graded242 words
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Article285 1977-09-07 6 THE kllobar yesterday opened at 5511,717 and was bid up to closed at 3511,735 In moderate trading condition. On the London market, the metal opened at U*****.95/ 148.15 and closed at U*****.20/40. The London morning fix was U*****.85, unchanged from the previous fix. Source: Sinrmas. Retail prices per tael285 words
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Article225 1977-09-07 6 THE STRAITS tin price in Penang yesterday was down Msll to $1,580 per picul on an offlclaj offering up 26 tonnes to 221 tonnes. Continued lack of support as well as early commission house liquidation at the London Metal Exchange prompted the further weakness in Penang, dealers225 words
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Article96 1977-09-07 6 LONDON, Tues. Silver softened by mostly 0.7 pence In the morning. Values were steady on the pre-market in sympathy with gold although the subsequent slip in that metal induced smallscale liquidation In the ring. Three Months finished the ring trading at 263.7 pence after touching 265.1 pence on the96 words
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MONEY AND EXCHANGES
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Article533 1977-09-07 6 THE INTERBANK market for term funds yesterday was only slightly active In the face of banks' uncertainty of the outcome of the results of the Government bond Issue which closes next Wednesday. Banks appeared to be uncertain about the volume of funds to be taken up by the tender533 words
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Article44 1977-09-07 6 acbc (L. AlftmeM Bank Citibank (t> BimU Bank 7 HSBC Bank of America «H 1 ndoiuo «H Bank of China 7 Bank of Tokyo CH Mitaui Baak Bank Nagara OCBC 1,d Tt? 7 OUB «H UMBC 7 DBS «H UOB CH44 words
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Article128 1977-09-07 6 Asian rates is ii deposit m Sept Interbank US 1Mb OCtar ■VF" 7 days 1 mtb 2 mtlu 3 mthf 6 mtlu Smtlu 12 mtlu vi« 1/4 IS/11 IV1I IM ll/li li/4 8w.Fr» •mi i/i 2/11 3/l« 1/2 5/1 Dm. f 1 mtb 3 mtlu mtb« 12 mtb* .2 1/2128 words
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Article51 1977-09-07 6 RAMOK of price* ol houac* on Sept Overnight 3MH Verad by dlacount Call depoalt 1 to SMt Bv hlK^ J-Month Trenury bUU i l/n s i*/w S-Month Bank Mil* 4M 4 1/4 S- Month CD 4 1VU 4 11/14 •-Month CD 3 1/16 4 is/ie Source: National Discount Co.51 words
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Article211 1977-09-07 6 LONDON, Tues. Sterling recovered to U551.7420/22 in opening trading from its weakness at yesterday's 1.7412/14 close and compared with this morning's opening indication of 1.7414/17, dealers said. Trading was light. The pound also Improved against the dollar In forward positions. The official effective sterling exchange rate index opened unchanged211 words
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Article140 1977-09-07 6 Euro rates LONDON, Tues. Eurodollar deposit rates were little changed from Monday closings In light early trading, dealers said. Among steady period deposits, the One Month rate was adjusted v» lower to 6-%, 6-K on the loss of the Friday dealing technicality. Some Far Eastern Interest was reported while rollover140 words
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Article101 1977-09-07 6 HONGKONG, Tues. The US dollar firmed to DM2.3245/55 In fairly active trading from 2.3180/85 yesterday, dealers said. The US dollar opened higher at 2.3210/20 and rose In the afternoon as European banks entered the market to its day's high. The U8 unit firmed slightly to 267.65/75 yen from 267.60/70101 words
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Article54 1977-09-07 6 AUSTRALIA/ NZ exchances on Bcpt 6 Aamk. SterUl* 5386/ 63M US doIW 1.1061/ 1 1003 Ninety-day air mail buying rate* Sterling 0 0622 US dolfar 1.1101 Ninety-day forward buylnj rate* Stertln* 0 6330 US dollar ***** New Zealand: Sterling 3M7/ 5636 US dotfer 0740/ 0640 Ninety-day forward rate: Sterling54 words
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Article49 1977-09-07 6 ZURICH exchanges closing quotes on Sept 5: US 2 3MO-3670 UK 4 1710-1736 Can 2 2280-2290 W Oera 103.10-17 Metb 67 64-62 Ftmaoe 46 74-77 Norw 43 66-66 Swed 40 26-2* Italy 0 2712-2714 Austria 14.45-M ran j.r-oi Spain 2.SS-1/4 63-3/4 Arf 0 50-60 Japan 0 66-1/4 3/449 words
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Article57 1977-09-07 6 TOKYO, Tues. The US dollar for overnight delivery closed steady at 267.70 yen compared with 267.65 at the opening and at yesterday's close. Spot trading volume was US$l95 million. Forward dollar rates held steady on volume of $124 million. One Month traded at 267.11/ 267.30, Three Months at 266.68/57 words
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Article180 1977-09-07 6 LONDON, Tues. Straight Eurobonds traded mostly steady to slightly firmer in quiet or moderate conditions, dealers said. US dollar bonds were up to 1/8 higher where changed with selective buying noted In higher yielding long term bonds, dealers added. They said buyers showed little interest in notes, due to180 words
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Page 6 Advertisements
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Advertisement113 1977-09-07 6 The summer issue of ASEAN Business Quarterly includes OECD economic outlook (16 graphs) ASEAN economies in perspective (10 graphs) Commodity trends (11 graphs) Foreign investment a buyers market Purchasing power in Java Vietnam's import requirements Doing business with Saudi Arabia Sugar production, supply and demand in each ASEAN country (29113 words
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TRANSPORT AND COMMUNICATIONS
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508 1977-09-07 7 WITH the recovery In the economy. Singaporeans bought more new cars, motor-cycles and lorries last year than In 1975. The latest annual report of the Registry of Vehicles shows that In 1976, there was a 26 per cent increase over 1975 In registration508 words
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658 1977-09-07 7 Reuter LONDON, Tues. A lasting tanker market revival benefiting shipowners, bankers, shipyards and oil companies requires more drastic remedies to be introduced to solve the overtonnage problem such as adoption of legislation for retrofitting segregated ballast tanks, London shipbroker John I. JacobReuter - 658 words
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Article761 1977-09-07 7 SPOT rate shows some weakening of freight with the grain movement from US Gulf to Japan for larger sizes fixed at U559.25 per ton FIO. Inactive dry cargo tonnage increased by about one million dwt to 10.4 million dwt. Aqaba to India rock phosphates in parcels of761 words
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Article, Illustration346 1977-09-07 7 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Benloyal (after Altalr must head East for T/L Class 1 on board T/L UTM/L) 33/34 Dragasani (after Norfolk Maru Calcium carbide for dls) 46 Indian Mall (after Michigan) 47 King River (0600 23 Perak (after Kenlngau) 21 West Selshu Maru (JPJE) (after Cassiopeia)346 words
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487 1977-09-07 7 Chaika 2 latest Soviet status symbol Reuter MOSCOW, Tues. Soviet car enthusiasts are crowding to inspect the star attraction at the current Moscow motor show a big black limousine that resembles an American model of the late *****. The first completely new Soviet car to be unveiled for seven years,Reuter - 487 words
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Article202 1977-09-07 7 AP LONDON, Tues. Business tended to slow down on the London freight market yesterday due to the US Labour Day holiday and was not expected to resume a normal pattern until the middle of this week. How-, ever, the market was not entirely lacking in highlights. AAP - 202 words
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Article588 1977-09-07 7 ARRIVALS Service Local Operator Number Time From SIA SQ580 0040 MAA/CMB TMA TL304B 0530 TPE MAS MH682 0810 KCH PAN PA847 0810 SFO/HNL/GUM CPA CX710 1000 HLP GIA GA980 1030 HLP THAI TG423 1035 BKK SIA SQ211 1045 HLP THAI TG981 1050 BKK GIA GA944 1055 PKU588 words
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Article112 1977-09-07 7 Reuter LONDON, Tues. Laker Airways chairman Freddie Laker will today ask the UK civil aviation authority to change some of the rules governing operation of the Skytraln London-New York service in order to make it more competitive, a spokes- man for the airline said. The modificationsReuter - 112 words
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Page 7 Advertisements
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Advertisement221 1977-09-07 7 7 i iI i invites you to get more done...so you can get ahead of your paperwork ,->f J <. 11 v jmLjty V' Hif msM v. l>s. J M POCKET SECRETARY HERE ARE A FEW WAYS YOU'LL BE ABLE TO ACCOMPLISH MORE.... Record conferences, meetings and seminars. Tape interviews221 words
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Article2425 1977-09-07 8 1977 Gr'» Gr'a Net Low Last div Div y'W P/E Vol Day High Company Sale +OT- c'vr COM) High Low SECTION ONE INDUSTRIALS 154 136 Aema 141 -1 12.0N 1.8 8.5 6 6 1 141 141 204 172 Alcom 172 10.0 0.5 5.8 27.7 116 58 AlHed2,425 words
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Article1447 1977-09-07 8 BID and offer price* officially lined and business in and reported to the Stock Enhance of Singapore yesterday with the number of shares traded shown In bracket* In lot* of 1000 units unless otherwise specified All Time Settlement Contract* are quoted after the word "Sett." Blf Board1,447 words
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Article1618 1977-09-07 8 BID and offer prices officially lister* 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 (1.40B). Ajinamata (2.128). AWam <1.898). A. Chae (1.11B) (3) 1.10.1,618 words
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Article58 1977-09-07 8 STRIKING price* of the atock optiona officially liated on the Stock Exckange of Singapore, the period a, bid and offer pricee and buainaaa done yea let day. with the number of optiona traded ahown in bracketa. lnchcape (March $2.40) (0.16B). Pan Electric (Dec $1.90) (0.175). UOB (March $3.20)58 words
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Article153 1977-09-07 8 SINGAPORE UNIT TRUST INCOME BOND UNIT (Manager* price for Sep* 7) (Currant pi -ieea) The Commerce 1.75 1.85 INCOME BOND 1.07 1.13 The Savlnfc Fund 1.02 106 S'pore Prof Fund 0.87 092 MARA BUMIPUTRA FUND 8'pore Security Manager* price* far Sept 7) Fund 1.53 1 62xd First Bumtputra153 words
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Article167 1977-09-07 8 B O T 8 1/2% 1981 (100,000) (103V*B 104S) BOTB 1/2% 1981 (50,000) (1) 103% B O T 7 5/8% 1984 (100,000) (99*8 99\S) LTCB J 1982 (100.000) (98 *B 98%8) Credit Lyon naif Floating 1983 (100,000) (98>*B 98SS) DBS Converta 6 1/2% 1991 (100.000) (97' iB 98VW3)167 words
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Article124 1977-09-07 8 Hep Spore D" Mark 7% 1982 (100,000) (1018 101*S) Rep Spore 6 1/2% 1983 (100,000) (99*8 100*S) Rep Spore 7 .1/4% 1987 (100,000) (I(XH*B 101*S) 5 1/2% 1/12/77 (250.000) (100 418 100.518) 5% T F 1/3/78 (250,000) (101.478 101 578) 5 1/2% 1/4/78 (250.000) (101.068 101.218) 5 1/2%124 words
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Page 8 Advertisements
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Advertisement176 1977-09-07 8 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
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Article, Illustration532 1977-09-07 9 THE Stock Exchange of Singapore yesterday continued to display some weakness on profit-taking and stale bull liquidation accoXnt iate rally, however, pared some of the losses particularly in Section Two of the market where the speculative element was kept aglow. On balance, the market finished with marginal532 words
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Article491 1977-09-07 9 PRICES closed slightly steadier In another round of quiet trading on the Kuala Lumpur Stock market yesterday. Some selling pressures were noted among a handful of speculative Issues as weak holders liquidated their shares. Market operators were generally cautious and mostly remained In the background. This was491 words
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INTERNATIONAL STOCK MARKETS
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Article356 1977-09-07 9 HONGKONG: The market :losed easier In quiet trading on ruesday, dealers said. The Hang Seng Index dropped 2.63 points to close at 431.10. Hongkong Bank, Jardine Vfatheson and Hongkong Land fell 10 each to HKSB.OO, $14.90 ind $6.90 respectively, Hutchison 7.50 cents t053.30 and Swire Pacific five to $6356 words
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Article522 1977-09-07 9 TOKYO: The market on Tuesday. fell on heavy liquidations in blue chips on caution following recent gains, dealers said. The Dow Jones average fell 16.88 to elose at 5,270.77 with volume 320 million shares. The New Index closed at 390.10, down 0.72. Fears that the exchange might tighten margin522 words
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Article448 1977-09-07 9 SYDNEY: The market closed higher on Tuesday, with Industrials and banks firmer and uraniums easier, dealers said. The Sydney All-Ordinaries rose 2.92 points to close at 434.68. BHP rose six cents to A 55.74 while ACI, ICI and CSR also firmed along with .The Wales which rose six to448 words
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Article174 1977-09-07 9 MANILA. The market closed firmer across-the-board on Tuesday, with turnover Using to 6.93 million pesos from Monday's 4.85 million, dealers said. They attributed the rise to an upswing of metal prices abroad and favourable news from th« Amoco Oil consortium. Atlai and Philex rose foui points each while Lepanto174 words
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Article100 1977-09-07 9 SEPT Bahts Asia Fibre »1 ♦4 Bangkok Bank 397 unch Bangkok Invest. 262S Bangkok-Metro-politan Bank Bata 675 •10 Berli Jucker 444 +4 Charoong Thai Wire 176 -3 Dumex Duslt Thanl 23 IS Faber Merlin First Trust 182S unch Indo-Thal Industrial Finance Corp 1305S J And J Ho 274 -2100 words
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Article275 1977-09-07 9 AMSTERDAM; The market closed generally firmer on Monday, with Unilever, gaining 1.30 guilders. Royal Dutch and Philips firmer. Hoogovens unchanged and Aluo easier In Dutch Internationals. Elsewhere HVA, Ocegrinten, banks and insurances were firm. Shippings were mostly lower. State loans were easier where changed. SEPT 05 Fls Ahold 91275 words
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Article151 1977-09-07 9 BRUSSELS: Local shares fell In active trading on Monday, bourse sources said. FN. Finoutremer and Sidro rose but Electrofina, Vieille Montagne. Cokerill, Sofia, Mosame. St Roch and Arbed all fell. Acec shares fell after workers started strike. In foreign stocks. UK were firm. Dutch little changed. German Irregular. US151 words
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Article298 1977-09-07 9 FRANKFURT: Shares rose on both investor and speculative buying on Monday, following the recent firmness of New York and Tokyo, market sources said. VW gained 3.30 marks, while other motors added at most 1.60 Leading banks gained up to 2.20 and chemicals at most 2.10. Maanetmamn, which announced lower298 words
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Article173 1977-09-07 9 MILAN: The market closed widely lower In active trading on Monday, after some profittaking at the opening, dealers said. Caution was noted In reuctlon to abolition from Monday of the 90 per cent deposit on all forward share sales. Fiat and Pirelli E C showed light gains among easier173 words
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Article368 1977-09-07 9 PARIS. The market was mixed in quiet trading on Monday. In the absence of special factors, dealers said. Banks and portfolio companies were easier on the whole while other sectors showed no clear trend. US stocks followed Wall Street higher, foreign oils and golds were firm. SEPT OS Frs368 words
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Article251 1977-09-07 9 ZURICH: Stock prices closed slightly higher on Monday, dealers said. Bally and Oerlikon Buehrle were heavily traded following news of Buehrle'* planned takeover of Ballv. Its registered stock closed at its high of the day of 1.400 francsThe Credit Suisse Index closed at 236 4 up 1.9 points. SET251 words
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Article63 1977-09-07 9 FINANCIAL TIMES INDUSTRIALS Monday 519.5 Friday 507.5 Week Ago closed DOW JONES AVERAGE INDUSTRIALS Monday closed Friday 872.31 Week Ago 864.09 LONDON DOLLAR PREMIUM Monday 88% to 89* Friday 86 to 86 H.K. HANG SENG Monday 433.73 Friday 435 18 Week Ago closed SYDNEY INDUSTRIALS Monday 362.16 Friday 361.3063 words
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772 1977-09-07 9 NYT NEW YORKiTues. Shortly after the news agencies reported late last week that the government would allow trading In commodity futures options on American exchanges, many would-be Investors flocked to their brokers with orders. The brokers had to explain that the Commodity Futures TradingNYT - 772 words
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Article849 1977-09-07 9 NYT DAYTON, (OHIO): Swimming suits may still be in season, but many people here are already preparing for the winter. Retailers report that Insulated underwear, heavy sweaters and portable heaters are In greater than normal demand for this time of year. One of the leadingNYT - 849 words
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Page 9 Advertisements
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Advertisement503 1977-09-07 9 BUSINESS TIMES Airline Directory Atroftot Soviet Airline* 110-112 Shaw Centre, Orchard Road, Singapore 9 (Tel: 377.111) Air Ceylon 302-8, 3rd Floor, Marina House Shenton Way, Singapore (1) (Tel: *****88) Air France Ground Floor, IC» Buildina, Shenton Way Singapore 1 (Tel: *****11) 16th Floor, UIC Building, Shenton Way, Singapore 1 (Tel:503 words
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Article, Illustration1676 1977-09-07 10 RICHARD LAMBERT - By RICHARD LAMBERT FT LONDON, Tues. In the summer of 1968, when the Financial Times Industrial Ordinary Index first rose above 500, a copy of the Financial Times cost 8 old pence. A bottle of scotch retailed at the equivalent of around £1.73p, 20FT - 1,676 words
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Article, Illustration1034 1977-09-07 10 YOUSSEF AZMEH - By YOUSSEF AZMEH Reuter KUWAIT, Tues. The ollexportlng Gulf states are recovering from a strange crisis which some say Is similar to what might have happened In Spain after the discovery of America with Its vast treasures of gold and silver. The New World's goldReuter - 1,034 words
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Page 10 Advertisements
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Advertisement556 1977-09-07 10 If EPABX is a foreign word to you it might be profitable to read on.. 20 J* tt o a v o> •o nst i WHAT IS EPABX? Electronic Private Automatic Branch Exchange with a small, electronic console which occupies only a small portion of a desk and yet replaces556 words
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ABEX'77 ASIAN BUSINESS EXPO
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Article288 1977-09-07 11 LARRY HOLLANDER - LARRY HOLLANDER Director, Far East Operations ISCM Ltd THE ASIAN Business Exposition will amass In its 4-day life span, some of the most advanced products, equipment and systems in our mo-dern-day business world. The high level of technology involved in some of these, bear testimony that288 words
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Article106 1977-09-07 11 The organisers have come up with a novel idea of offering service organisations a place in ABEX '77.Having no products to display, the service organisations are offered specially designed, attractive booths in which they will propagate by way of information their services to the trade visitors and the106 words
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Article, Illustration360 1977-09-07 11 Running the Abex '11 exposition is INDUSTRIAL SCIENTIFIC CONFERENCE MANAGEMENT. one of the largest firms in the world engaged solely in the organisation and staging of exhibitions and conferences. At present. ISCM produces exhibitions In the USA. Canada, the United Kingdom, Continental Europe. Singapore, and Japan.360 words
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482 1977-09-07 11 A REMOTE terminal system with IBM 3271 emulation capabilities has been unveiled In Minneapolis by the Data 100 Corporation. The 3271-compatlble Model 82 remote CRT system can also be configured with other Data 100 terminal systems to provide users with concurrent data482 words
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Article255 1977-09-07 11 THE FIRST pocket-sized programmable calculator with a bullt-ln printer has Just been Introduced by Hewlett-Packard Company. The keystroke programmable HP-19C, priced at *****.00, features 98 fully merged program steps, continuous memory full editing and programming functions. 30 data storage registers, and a quiet thermal255 words
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Article268 1977-09-07 11 The latest survey on computers in the Republic came up with the following statistics There are 92 establishments in Singapore with computer installations. In all, they have a total of 123 computers. 101 computers were installed during 1972-1976 giving an average rate of 25 units per268 words
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Article, Illustration631 1977-09-07 12 IN THE FOOD trade nowadays, It Is essential that every Item sold Is clearly labelled showing detail of weight, date code and/or price to assist both the retailer and his customer. Date coding Is of particular Importance to the retailer In order631 words
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Article, Illustration563 1977-09-07 12 THE INTEGRATION of Digital communications and computer control Into one system is opening up a whole range of benefits to the business subscriber in terms of new features, flexibility, space savings andcost savings. We are basically talking here of the563 words
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Article199 1977-09-07 13 8TH SEPTEMBER 1 977 1 H»m 11am TRENDS IN MODERN (BUSINESS MANAGEMENT CHUA JOON ENG Management thought In historical perspective Changes effecting management It managers today Meeting the challenges of our times coffee break 11.30 1pm CHANGES RESISTANCE TO CHANGE TOH SHUNG KIN Characteristics of change Concept199 words
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Article, Illustration434 1977-09-07 13 THE BUNKER Ramo Corporation, after a 40-yaar history of serving financial and banking Institutions throughout the world with various Information systems has introduced the Bank Control System 90. The key component the BCS 9ft Is an easily controllable, easily programmable control unit.434 words
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Article, Illustration265 1977-09-07 14 The new CS/40 family from Data General Corporation, consisting of three models, Is priced from approximately Ssloo,ooo to *****,000 and targeted primarily at smaller businesses or departments within large businesses. The new CS/40 systems use the COBOL pro- gramming language, which Is265 words
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Article, Illustration286 1977-09-07 14 MODERN BUSINESS has found an increasing need for professionally printed sales and promotional literature, annual reports and numerous other publications now considered necessary to project company image and present products and services in a good light. Additionally, putt End price lists, service and operations manuals, directories286 words
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728 1977-09-07 14 ONE OF THE most valuable working aids for any Individual, be he a desk worker or one who works outdoors. Is the pocket electronic calculator. Complicated calculations cease to be a lengthy process when you use one of these little marvels and the answers appear728 words
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Article, Illustration541 1977-09-07 15 THE ELECTRONIC Minimat PABX is a world advance In telecommunications. It represents the culmination of 5 years extensive Research and Development work by Standard Telephones and Cables, an Australian associate of ITT. Over 5513,500,000 has been expended in Australia in R D and capital541 words
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Article347 1977-09-07 15 TODAY, you can build a distributed data processing network by simply plugging in processor after processor without complex operating systems, without network control programs, and without expensive computer staff. This may seem wishful thinking but the people at Wang promise you such a system. Wang's347 words
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1402 1977-09-07 15 CAN MACHINES think? Should they? The computer world is in the midst of a fundamental dispute over those questions because an eminent computer scientist wrote a book arguing that machines could never be made to reason like people and, what1,402 words
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Article151 1977-09-07 15 THE DIGITAL Duller which could be installed at any premises under security/fire protection, transmits coded messages over any telephone system network to the Digital Receiver located at a central alarm monitoring station. Special leased lines or private wires are not required. Together, with the receiver, is an automatic151 words
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Article, Illustration376 1977-09-07 16 THE DRAWING office print room of today is becoming more and more advanced. Changes have to be made to meet the new requirements. Oce have moved with the times of change by not merrily making their plan printers bigger, faster, heavier and more complicated to376 words
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1705 1977-09-07 16 IF ANYONE needs convincing that there is a case for providing developing nations with the most advanced technology In sight, he should listen to Dr. P. V. Krishnamoorthy, directorgeneral of India Television. Dr. Krishna- moorthy is a passionate advocate for the1,705 words
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Article, Illustration544 1977-09-07 17 THE PHILIPS EBX-8000 PABX is designed primarily to provide an extremely reliable telephone system for 250 to 8000 extensions for high traffic users. The most advanced service features are made possible by computer control. The system intelligence is based on two processors working In544 words
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246 1977-09-07 17 A PHOTOGRAPH Is one of the simplest and surest methods of identification. Combine a photograph with virtually the entire spectrum of Identification methods that can be put on one plastic card and you have the final product of the Lamlnex system. Laminex246 words
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788 1977-09-07 17 THE CHARTPAK Velvet Touch dry transfer lettering system adds a new dimension to the preparation of artwork and designs. Velvet Touch offers the graphic artist over 200 popular type styles plus the unique advantage of convenient economic sheet size, and non-dlstortlng, clear Mylar carrier788 words
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Article, Illustration400 1977-09-07 18 NEC HAS BEEN well recognised In the International field of communications such as satellite tracking stations (Singapore), colour television transmitting systems (Malaysia) and telecommunications (Indonesia). It has an Industrial staff of over 06,000, with Its strong emphasis on research and development. During400 words
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Article, Illustration610 1977-09-07 18 AS TELEPROCESSING networks become enlarged, downtime becomes more expensive and difficult to control. In a point to point link, the systems operator has little control over the telephone line and relies on Telecoms to trace the faulty line, a time consuming Krocess. To610 words
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Article, Illustration1141 1977-09-07 19 SEMINAR FORUM chairman for the Abcx 77 exposition will be one of the beet known academic! and administrator* in the Republic, Mr. George Thomson. Hi* background, as shown below, reveals his broad experience. The sheer variety of his knowledge makes him an ideal choice as chairman. GEORGE GRAY1,141 words
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Page 11 Advertisements
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Advertisement69 1977-09-07 11 iw Data General Disc Storage #I*l *9 Jt r~ Eclipse S/ iw Data General Dasher Printer B I v > iw Data' iGeneral CRT D*pUy imiHijiir r SENIBALt^EIECtIIC iw Data General Eclipse c/ 330 BUfNJKEw "T" 11 T pamo Idler terminal B aAfvia f^ttbook/Journal Printer lr'ry*»£\«*f Line Prater PAMO BCS69 words
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Page 12 Advertisements
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Advertisement255 1977-09-07 12 The electric typewriter for the best secretaries around What makes a secretary .better than the rest? Her results. And for results any secretary knows she needs the right electric typewriter. The Olympia SGE-65 is the most advanced typebar typewriter ever. For speed. For quietness. For comfort. For design. To start255 words
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Page 13 Advertisements
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Advertisement440 1977-09-07 13 NITSUKO GROUP PHONE solves alj your telecommunication inconveniences K ■I r .i 9 5 v* o if Ukafat OJ Ik, Alsoavatiatte me mode) 4S witti al the features of 10S. except it prowJes a mawmum of 4 lines by 10 extensons capacity With Nitsuko Group Phone, a compact and handsome440 words
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Page 14 Advertisements
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Advertisement606 1977-09-07 14 Desk Files MADE IN U.K. -V <-jSsSSBHI® > wm k>- x v vital information at your fingertips Available from leading dealers or from Sole Agents: Laboratoiy Equipment (S)Pte.Ltd. 33, Goldhill Plaza, Singapore 11. Tel: *****4. SOME OF THE WAYS NORTHERN TELECOM HAS GOT THE WORLD TALKING. Northern Telecom is North606 words
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Page 15 Advertisements
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Advertisement40 1977-09-07 15 Mestra MOVING TOWARDS GREATER EFFICIENCY This attractive EUROPA MOBILE FILING CABINET is low enough to roll under a desk, mobile enough to push round the office, yet light enough to draw towards you for easy access. MADE IN U.K. ii40 words
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Advertisement322 1977-09-07 15 Fittingly\burs, Wong Computers From "minidiskette' systems *;-y To "multi-terminal" systems mm m V We at Wang do not sell computers off the rack. What we offer is a complete product line to choose from. With a full range of processors and system peripherals. Which means when you buy a Wang322 words
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Page 16 Advertisements
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Advertisement464 1977-09-07 16 Proven in the highly-successful ADLER E 21D/EI3ID conventional typebar electric typewriters, ADLER quality and that means reliability and consistent performance' is at long last available in a single-element typewriter The superlative new ADLER SE 1000 The SE-1000 comes with a typing core that lets you change typefaces quickly, easily A464 words
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Page 17 Advertisements
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Advertisement217 1977-09-07 17 What you don't file L■» Fordishred 246 Console, i ideal shredder, provides I or centralised shredding secretaries and all office riskpoints. It eliminates office security risks. MADE IN U.K. M Laboratory Equipment Sdn. Bhd. 53. Road 20/7 Petal■ ngjaya Tel *****6 Laboratory Equipment (S) Pte. Ltd. 33, Goldhill Plaza. Singapore217 words
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Advertisement506 1977-09-07 17 World Leaders Look to PLESSEY Over 40 international manufacturers rely on Plessey for the marketing and technical servicing of their products in Singapore, Malaysia, Brunei and Indonesia. Complete systems for communication, time control, office automation, printing, security and defence. Products ranging from multi-purpose Hovercraft, fire-proof safes, navigational systems to complete506 words
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Page 18 Advertisements
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Advertisement549 1977-09-07 18 Get more done while the GARRETT ITM2 works for you The Garrett ITM2 (they call it the incredible time machine) gives you five functions in one compact and handsome unit. CALCULATOR All solid-state components, large and clear 8-aigits read out calculator. You can add, substract, multiply, divide or do complicated549 words
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Advertisement56 1977-09-07 18 Electronic Communications Systems suitable for offices, hotels and homes < v "A 7? GTE -60 Electronic PABX GTD-120 Electronic PABX The 8000 Electronic Business Systems •Small office key systems Electronic RABX •6 extensions to 4>600 extensions See us at the ABEXTT Exhibition on 7th to 10th September 1977 at Hyatt56 words
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Page 19 Advertisements
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Advertisement237 1977-09-07 19 -T\ So^ 8 s a. Easy-to-operate MONARCH ECONO-PLY Labeler Model 1110 Q SILO EMPORIUM CHIANG fe r r S V Y.ioliiin Labels DATA-DIAL MARKING SYSTEM Motor Driven Monarch Marking Systems Ik Pitney Bowes For perfect retail price-marking machines and labefcrs, please contact Sole Distributor for Singapore, Malaysia. Indonesia 901-902, HIGH237 words
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Advertisement469 1977-09-07 19 From September 1,1977 ivjj S.Mohawk Data Sciences will be represented by Jebsen Jessen (S) Pte Ltd Mohawk Data Sciences Mohawk Data Sciences is a recognized leader in data capture and preparation and in communications. With over 6,500 companies in over 60 countries worldwide MDS ranks within the top three largest469 words
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544 1977-09-07 20 THE third Asean Insurance Commissioners meeting made further headway yesterday when the groundwork for closer cooperation in the Insurance Industry was laid. Behind closed doors at the Shangri-La Hotel, the commissioners hammered out details for closer cooperation In six areas. They are harmonlsatlon of544 words
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155 1977-09-07 20 THE Singapore National Shippers' Council said that it fully supports the recent decision made by the Rubber Association of Singapore (RAS) to reject the proposal by the Far Eastern Freight Conferences (FEFC) for a separate merchant agreement. Such an agreement would be similar155 words
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Article232 1977-09-07 20 THE SUCCESS of the Legal Aid Bureau Is reflected In the tremendous increase in the number of cases registered with It, the latest issue of The Mirror reported. From 854 In 1958, the year of Inception, the number of cases has jumped to a phenomenal232 words
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168 1977-09-07 20 ELECTRGMECH, a team from the Economic Development Board, came out tops In the second round of the National Management Game with the highest accumulated profits of $14.91 million. Second was Ever Ocean Incorp (from Hitachi Zosen Robin) with $13.91 million followed by Martini (Nanyang University)168 words
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Article83 1977-09-07 20 MEMBER-LINES of the Far Eastern Freight Conference (FEFC) have given a concessionary two-stage Increase to iron and steel products, an FEFC spokesman said yesterday. The first stage of the Increase, retroactive from July 1, will be 7.5 per cent of the 12.5 per cent general rate increase. The83 words
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Article68 1977-09-07 20 ROME, Tues. Italy's Ml money supply rose 0.8 per cent In June to 85.1 trillion lire (5523.5 billion), after a 1.4 per cent gain in May, the Bank of Italy said. The May figures were revised downwards to 84.4 trillion lire from 84.5 trillion. On a68 words
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232 1977-09-07 20 AP GENEVA, Tues. Tokyo has retained its top position among the world's most expensive cities while New York moved further down the list during the past 12 months, according to a worldwide cost of living survey published today. The annual survey, Fubllshed by BusinessAP - 232 words
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Article79 1977-09-07 20 SINGAPORE importers of luxury consumer goods will find considerable Interest In two major exhibitions on Jewellery and leather goods being held In Paris this month. The six-day International trade show on Jewellery, precious stones, silverware, clocks, watches and gift Items (known as Bljorcha) will feature the wares79 words
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Article724 1977-09-07 20 LONDON, Tues. Stock prices advanced, but gains were clipped by late profit-taking, dealers said. Trading Interest was acUve and the Financial Times index at 3 pm was up 9.5 at 529.0 after touching 530.4 earlier. The prevailing optimism was helped by yesterday's public sector borrowing statistics which were724 words
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308 1977-09-07 20 Reuter TOKYO, Tues. Twelve Japanese city banks lowered their short-term prime rate by 0.75 per cent to 4.5 per cent following Daiichi Kangyo Bank's cut yesterday, all effective Sept. 8, the Federation of Bankers Association said. The 12 banks are Fuji, Sumitomo, Mitsubishi,Reuter - 308 words
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Article144 1977-09-07 20 THE Moscow Narodny Bank has taken out three suits totalling more than $5 million In the High Court here. The first, filed on Aug 30 was for $3.91 million due under guarantees from Mr. Chen Yu Ting and another person, whose name was144 words
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Article, Illustration545 1977-09-07 20 AFP MANILA, Tues. Philippine Foreign Secretary Carlos Romulo today expressed the hope that the United States would match Japan's pledge of US$l billion (552.45 billion) in financial support to Asean Industrialisation. Mr. Romulo was speaking at a news briefing here on the three-dayAFP - 545 words
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Article136 1977-09-07 20 AMEX BANCOM the Hongkong merchant bank set up recently, has announced the appointment of two regional personalities as directors of the company. A Hongkong announcement said that Amex Bancom, a Filipino-Ameri-can enterprise has appointed Datuk Syed Kechik, a prominent Malaysian politician and businessman and Mr. Julius136 words
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Article212 1977-09-07 20 Reuter HONGKONG, Tues. A proposal to change the trading hours for raw cotton futures on the Hongkong Commodity Exchange to between 2.30 pm and 6.30 pm local time (0630 to 1030 GMT) forms part of the agenda for a meeting of the exchange's management committeeReuter - 212 words
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293 1977-09-07 20 AFP TOKYO, Tues. The biggest problem in the world today is the vicious cycle of trade protectionism, the Japan External Trade Organisation (Jetro) reported today. The government-backed trade development institution. in Its annual trade white paper entitled "Present conditions of world trade," offered aAFP - 293 words
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Article130 1977-09-07 20 UPI MANILA, Tues. The newly formed Philippine Sugar Commission (PSC) was today granted expanded powers to lnteerate and stabilise the country's sugar Industry. President Marcos Issued a martial law decree authorising the commission to: Enter into any contracts, transactions or undertakings with or without publicUPI - 130 words
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Advertisement254 1977-09-07 20 TRANSCRIPTS INTERNATIONAL TAXATION AND ESTATE PLANNING CONFERENCE Hong Kong 23-25 May, 1977 Asian Seminars Limited announces the release of a publication containing the transcripts of the Plenary Sessions of the above 3day conference held in Hong Kong from 23-25 May 1977, International Trading Operations Asset Protection Planning Foreign Trusts International254 words
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Advertisement174 1977-09-07 20 Taste the difference in TSINGTAO BEER! Tsingtao beer is distilled from the sparkling mineral waters of Mount Laoshan in China. There's abundant goodness bottled up in Tsingtao... The goodness of the finest barley and hops and mineral waters. Come, taste the difference in Tsingtao beer. Available in all Emporiums jji-Singapore174 words
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