The Business Times, 2 November 1977
1977-11-02
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section10 1977-11-02 1 BUSINESS TIMES M.C.(P) 300/1/77 WEDNESDAY, NOVEMBER 2, 1977 50 CENTS10 words
-
NEWS IN BRIEF
-
Article82 1977-11-02 1 Reuter. HONGKONG, Tues. China supports Asean and wants the five-nation grouping to develop relations with the communist countries of Indochina, New Zealand Deputy Prime Minister Brian Talboys said today on his return from China. Mr. Talboys, rounding off an Asian tour that also took him to SouthReuter. - 82 words
-
Article68 1977-11-02 1 AP NEW YORK, Tues. The US economy is in its best shape since 1074, but much work remains to restore confidence in the nation's business health, one of President Carter's top economic aides said today. "The recent economic performance of the US is in many respeets theAP - 68 words
-
Article58 1977-11-02 1 AUSTRALIA will not be able to allow the immigration of doctors to that country in the future because it will soon produce more graduates from its medical institutions that are required. This was stated by Mr. Donald Dunstan, prime minister of South Australia, at a lunch held58 words
-
Article80 1977-11-02 1 Reuter. BOMBAY, Tues. The Reserve Bank of India today suspended spot and forward purchases of US dollars, deutsche marks and Japanese yen because of unsettled conditions In International currency markets. It also suspended forward purchases of sterling but would continue spot trading at the existing rates subjectReuter. - 80 words
-
Article62 1977-11-02 1 AP. SEOUL, Tues. South Korea plans to float US$2OO million (Ss4Bo million) worth of foreign currency bonds overseas next year, the Finance Ministry said today. Assistant Finance Minister Chung In-yong said the government-guaranteed bonds will Include $150 million to be Issued by the Korea Development Bank andAP. - 62 words
-
Article85 1977-11-02 1 UPI. NEW YORK, Tues. Stocks headed broadly and sharply lower early today In reaction to the Federal Reserve Board's decision to tighten credit again. Trading was fairly active. The selling was a continuation of yesterday's drop after the Fed indicated its tightening by allowing hikes In the Federal-fundsUPI. - 85 words
-
-
Chief Price Changes
-
Article, Illustration205 1977-11-02 1 NANYANG PRESS forged strongly ahead in generally quiet and mixed trading conditions on the Stock Exchange of Singapore yesterday. It extended its overnight premium by 17 cents when it closed at the day's high of $1.71 after a turnover of more than 410,000 shares. Elsewhere, selected stocks205 words
-
Article114 1977-11-02 1 Rises Most active FE-L'ston 2.81 .19 C. Sugars 132.000 122,000 109,000 51.000 Sentosa 2.24 +.09 G. Ceramics Lien Hoe 1.76 .08 Sentosa G Ceramics Sg. Besl 1.85 5.05 .07 .07 Guthrie Rope) Tan Chong 1.96 .06 Total Turnover: 1.14 M New Sdah 1 80 .05 Total Value:114 words
-
-
Article995 1977-11-02 1 RONNIE LIM - GOVT HELP SOUGHT Br RONNIE LIM POSITIVE Government assistance Is wanted by the local contracting businesses and their allied professions to help them grab a share of the booming construction market in West Asia. Two years of touting for business In the oil-rich Arab995 words
-
Article280 1977-11-02 1 Reuter. LONDON, Tues. The pound, which was allowed to soar yesterday after being deliberately restrained for months, rose again today on foreign exchange markets but suffered a setback later because of an ominous move by Britain's powerful coalminers. Sterling rose 2 US cents from yesterday's closingReuter. - 280 words
-
515 1977-11-02 1 COLIN CHEE - By COLIN CHEE THE PRIVATE sector should be encouraged to take a more active Interest in helping Asean countries towards greater economic integration. Where governments seem not to succeed, businessmen can provide the thrust. Mr. Sixtos Roxas president of the Bancom Group515 words
-
403 1977-11-02 1 THE PUBLIC offer of 5.3 million $1 shares of Sin Chew Jit Poh (Singapore) at $1.05 each has been 22 times oversubscribed compared with 12 times for the Nanyang Press Singapore (1975) share offer. The Sin Chew offer brought in from the public a403 words
-
Article124 1977-11-02 1 UPI. GENEVA, Tues. The long-delayed Tokyo Round of free trade talks made a major move forward today when big industrial nations, filed lists detailing the action they want taken by other participants. A deadline of Jan. 15 next year has been set for submitting lists on whatUPI. - 124 words
-
243 1977-11-02 1 SingaporeLondon Concorde service begins on Dec 10 THE CONCORDE service jointly operated by Singapore Airlines (SIA) and British Airways (BA) between Singapore and London will commence from Dec 9 with a flight leaving Heathrow Airport at 1300 GMT. Passenger bookings officially began from yesterday, with computers at both BA and243 words
-
Article, Illustration426 1977-11-02 1 PAN AMERICAN World Airways welcomes the competition that Singapore Airlines (SIA) will bring to the Pacific market, and Is confident that both airlines will work legitimately to build up the market as a whole. Dr. William Roy, Pan Am's regional managing director426 words
-
Article107 1977-11-02 1 UPI WASHINGTON, Tues. President Carter today signed legislation raising the minimum wage to U553.35 (SsB.ls* an hour by 1981 a $1.05 Increase and the biggest In history. Mr. Carter conceded during a White House signing ceremony the legislation might contribute to Inflation and unemployment, but insistedUPI - 107 words
-
Page 1 Advertisements
-
Advertisement55 1977-11-02 1 from a hankie to a suit, you can count on Mohan's for dependable quality. MOHAN'S DEPT. STORE (PTE.) LTD. 321 Orchard Road "W *****22 (next to Mandarin Hotel) Daily-9am-9pm INSIDE Overseas Stocks p 7 Commodities p g Transport A Communications p 9 Features p !0 Local Overseas News p jj55 words
-
Advertisement61 1977-11-02 1 {[\)^}]&~{>^(-=+%<]>{!+'"`]'\:? \0 A m Tj KV-2000ES Sony's 20" (51,8 cm) New Trinitron colour tv system with 60% bnghter and sharper plus instant picture make him the best colour tv system in town. warranty •24 months' cover for free labour •24 months' cover for all parts •24 months' cover for the61 words
-
Advertisement202 1977-11-02 1 Gas has got a 4 o ew flame r olivelli Logos. Once you try it, your calculator just won't do. Olivetti Logos. A range of calculators designed to do more hard calculating work than most machines. There's the new Logos 42a that comes with a well-designed keyboard for fast, easy202 words
-
-
OVERSEAS
-
Article400 1977-11-02 2 AFP. ROME, Tues. US Treasury Secretary Michael Blumenthal said he was now more confident that an oil price rise in December could be avoided. He has Just concluded a visit to West Asia. Mr. Blumenthal had outlined to West Asian oil producing countries the reasonsAFP. - 400 words
-
213 1977-11-02 2 UPI. TEHERAN, Tues. President Sheikh Zayed bin Sultan A 1 Nahyan of the United Arab Emirates begins a three-day official visit to Iran today to discuss regional cooperation In the Persian Qulf, tanker routes and the oil price. Sheikh Zayed and Shah Mohammed RezaUPI. - 213 words
-
68 1977-11-02 2 Reuter. CHICAGO, Tues. Stronger capital spending by business is needed to sustain the economic expansion, check inflation and keep US Industry competitive with foreign producers. Continental Illinois Bank Business economist Theodore Tung said. In the bank's weekly economic newsletter a continued lag in capital InvestmentReuter. - 68 words
-
166 1977-11-02 2 AP WASHINGTON, Tues. The US Labour Department yesterday certified 4,650 workers in the steel and electronics Industries as eligible for special Federal assistance because Import competition elemlnated their Jobs. The workers will receive retraining and special cash allowances to supplement regular stateAP - 166 words
-
Article103 1977-11-02 2 Reuter. NUREMBERG, Tues. The actual number of unemployed In Germany next year will lie somewhat above last Friday's Federal Labour Office projection of 700.000 because the office's forecast applies only to those people receiving unemployment benefit, a spokesman for the office said. The office's budget forReuter. - 103 words
-
437 1977-11-02 2 AP. WASHINGTON, Tues. Claiming thousands of jobs are at stake, a major clothing workers' union asked the Carter Administration yesterday to Impose penalties on imports of apparel and textiles from eight South American and Far Eastern countries. The 500,000-member Amalgamated Clothing and Textile Workers UnionAP. - 437 words
-
366 1977-11-02 2 AP. PITTSBURGH, Tues. Voters here will decide next week whether laws intended to curb pollution should be eased to save Jobs. Their choice could affect the quality of air and water here, but it could have a more significant impact on the area's economy.AP. - 366 words
-
273 1977-11-02 2 UPI. GENEVA, Tues. The International Labour Organisation warned today that if the United States withdraws from the United Nations agency it will be forced to Slash its worldwide programmes to train workers and protect their rights. Some officials said they alsoUPI. - 273 words
-
Article106 1977-11-02 2 UPI NEW ORLEANS. Tues Dockworkers here yesterday agreed to discuss a new contract with shipping agents, but predicted they would continue a month-long strike until union leaders reached agreement on a national contract. Mr. Leo Tyler, secretarytreasurer of Local 1410 of the International Longshoremens Association;UPI - 106 words
-
Article277 1977-11-02 2 AP, NYT. WASHINGTON. Tues. the US Senate gave President Carter's energy plan a major boost towards congressional enactment by approving a multl-billion dollar collection of taxes f and tax credits designed to I conserve energy and re--1 duce US dependence on for- elgn oil. TheAP,; NYT. - 277 words
-
Article157 1977-11-02 2 AFP. NEW YORK, Tues. Soviet banks have become "involved In questionable financial deals" to obtain strong foreign currencies. A Central Intelligence Agency (CIA) report quoted by the New York Times newspaper said yesterday that, for several years, the Soviet Union has been stepping upAFP. - 157 words
-
339 1977-11-02 2 UPI. PARIS. Tues. Industrialised nations have agreed to Increase aid to developing countries but only to boost Incomes and meet basic human needs such as food and shelter, a report said yesterday. The decision was adopted at the annual meeting of the DevelopmentUPI. - 339 words
-
Article86 1977-11-02 2 AFP. MONTREAL, Tues. Recent moves by Canada and Sweden to write off debts Incurred by some poor nations are "nice gestures, but they're not enough" Prime Minister Forbes Burnham of Guyana said. Instead, a new economic order of rich Industrialised countries and poor develop- ing nations wasAFP. - 86 words
-
Article203 1977-11-02 2 Reuter. DETROIT, Tues. Chrysler Corp said It plans to recall about 1,225,000 Plymouth Volare, Dodge Aspen, Chrysler Lebaron and Dodge Diplomat cars to correct possible braking problems. The company said one problem stems from possible leaks of battery acid onto brake tubes, causing the tubesReuter. - 203 words
-
359 1977-11-02 3 AP. NEW YORK, Tues. Chairman David Rockefeller said yesterday that his Chase Manhattan Bank has adopted a new code of ethics under which loans to South Africa which might help that country's white supremacy policies are banned. He told the American JewishAP. - 359 words
-
216 1977-11-02 3 Reuter. JOHANNESBURG, Tues. South African gold production in 1977 is expected to total some 700 tonnes compared with 708 tonnes in 1976, mining sources said. They were questioned on Swiss Bank Corp estimates that South African gold bar sales could be lower thisReuter. - 216 words
-
Article120 1977-11-02 3 Reuter. LONDON, Tues. New trading arrangements come Into force on the soy bean oil and palm oil markets today. This was announced by the London Vegetable Oil Terminal Market Association. Morning and afternoon trading hours remain the same, but soybean calls will now beReuter. - 120 words
-
Article127 1977-11-02 3 AP. CHICAGO, Tues. Speculative selling, triggered partly by a strong commercial demand, pushed maize and soybean prices higher on the Chicago board of trade yesterday. Wheat and oats also advanced. With soybean harvesting almost completed, traders reasoned that prices for beans may have bottomed out. They saidAP. - 127 words
-
199 1977-11-02 3 UPI. WASHINGTON. Tues. A government report yesterday said the 1976 international coffee agreement hat not reduced coffep price* and a congressman called on Americana to cut coffee use by 50 per cent to force price* down. Representative Fred Richmond, Democrat-New York, saidUPI. - 199 words
-
124 1977-11-02 3 Reuter. BRISTOL, Tues. About 2,000 tonnes of coffee were loaded onto a freighter at this west England port for shipment to Brazil yesterday. A spokesman for Interbras, Brazil's state trading company, said it had been forced to buy cc.ffee because of severe frosts which ruinedReuter. - 124 words
-
Article158 1977-11-02 3 AFP WASHINGTON, Tues. World production of groundnut oil this year* is estimated at 3.4 million tonnes, compared with 3.7 million tonnes In 1976, Department of Agriculture estimates showed today. The figure reflected smaller crops of groundnuts In the main producing countries (Senegal, Sudan, United States andAFP - 158 words
-
854 1977-11-02 3 REPORTS OF 5 PC RISE 'RUMOURS' Reuter. LONDON, Tues. The British government has not yet decided whether it will re-peg sterling which was allowed to float yesterday after being pegged at about 62.5 per cent of its Smithsonian level. Press reports that sterlingReuter. - 854 words
-
Article68 1977-11-02 3 Reuter. CHICAGO, Tues. Stronger capital spending by business Is needed to sustain the economic expansion, check inflation and keep US Industry competitive with foreign producers. Continental Illinois Bank Business economist Theodore Tung said l;n the bank's weekly economic newsletter a continued lag In capital Investment has becomeReuter. - 68 words
-
264 1977-11-02 3 Reuter. LONDON, Turn. British minimum lending rate, now at 5 per cent, Is likely to retrain on a plateau before turning up around the end of the year, market analysts said. However, some analysts see Treasury bill rates pointing to a further point cut beforeReuter. - 264 words
-
Article81 1977-11-02 3 Reuter BRUBSELS, Tues. Five major European oil companies have written a letter to the EEC Commission calling for an Investigation Into the problem of overcapacity In European refineries, EEC sources said. Enl of Italy, Veba of West Germany, Elf-Aqultalne, Cle Francalse des Petroles of France andReuter - 81 words
-
-
Page 2 Advertisements
-
Advertisement95 1977-11-02 2 HIGHLIGHTS OF OUR OCTOBER ISSUE: TRENDS Company Profits Key to World Recovery. Find out what deters the businessmen from investing in new capacity Despite higher production costs Rollei is investing in America. Why? SUPPLEMENT: UNITED KINGDOM Relevant and useful information for those exporting or intending to export to Great Britain95 words
-
-
Page 2 Miscellaneous
-
Miscellaneous676 1977-11-02 2 THE WEATHER WEATHER report tor 24 hours prior to 7.30 p.m. on Sept 1 at Singapore airport. Maximum Temperature o°C Associated Humidity 7g Minimum Temperature '.22.6° C Associated Humidity iqo Hours of Sunshine "l no RainfeU in Millimeters .'.'.*236 Total Rainfall for the Month 23 6 Total Rainy Days tor676 words
-
-
Page 3 Advertisements
-
Advertisement188 1977-11-02 3 How well do you know your Australian Birds? The Qantastic Australian birdsAVhere AV -\'v. v Jt-ASUfP* 9 V s K Vv^ C'? Every day of the week t0 US^ a^ a Birds; Melbourne Birds: Brisbane Birds: Perth Rirric* n«ruin RirH&* d dXwsThu?«7 3 OO m K d d ePanS d188 words
-
-
Page 3 Miscellaneous
-
Miscellaneous248 1977-11-02 3 RADIO SINGAPORE 5 3.00 PM Opening announcements followed by Serbanika (MalayRepeat) 0 3.30 Diary of Events (Malay) 3.35 Wild, Wild World Of Animals Snakes Of India (Repeat) 0 4.00 Stars in Action The Unlighted Road 4.25 Intermission 6.00 Opening announcements followed by Electric Company 6.30 News in Brief 0 Last248 words
-
-
COMPANY NEWS
-
1009 1977-11-02 4 THE prevailing hlsrh commodity prices coupled with the tax concessions announced recently in the Malaysian budget should enable Rahman Hydraulic Tin to maintain a satisfactory rate of growth in the current year ending June 30, 1978. In the past financial year,1,009 words
-
508 1977-11-02 4 THANKS TO high commodity prices and a strong cash flow, Kuala Lumpur Kepong Is making an early redemption of Ms 6 million or a quarter of its $24 million debenture loan stocks Issued in 1975. The lO'/i per cent debentures maturing in 1981508 words
-
COMPANY MEETINGS
-
Article23 1977-11-02 4 THE following company meetings are due: Nov 4 at 11.30 a.m. at the OCBC Centre (19th floor), Chulia Street, Singapore.23 words
-
Article18 1977-11-02 4 Nov 4 atll.oo a.m. at 4th floor, Mac Donald House, Orchard Road, Singapore 9.18 words
-
-
Article1167 1977-11-02 4 On Oct 31 TRADING on the Chicago Board options came to 75,328 contract* compared with 75,455 contract* on Friday. OPTION JAN A PL JLY STOCK Alc<* Alcoa Alcoa Alcoa Am Tel Am Tel Am Tel AUR AUR Avon Avon Avon 40 SO to S3 00 s so 001,167 words
-
Article305 1977-11-02 4 Current Ex Dtfte Total for Total for payment Date payable the year previous year SBS 12% Oct 13 Nov 4 12% 12% M'an Breweriea 16% Oct 17 Nov 5 23% 20%a Emo Miltyiii 5%ITE Oct 7 Nov 8 9» 18% TE Magnum 5% Oct 12 Nov 8 5%305 words
-
-
Article193 1977-11-02 4 NORTH AMERICAN COMPANIES Reuter EXXON Pipeline Co, Exxon Corp's pipeline subsidiary, said net earnings for the nine-month period ended Sept 30. 1977 rose to an estimated US$B5 million from $53 million a year ago. The amounts are after Interest charges of $40 million and tax creditsReuter - 193 words
-
Article103 1977-11-02 4 Reuter. SHELL Canada said Its pre-viously-announced takeover bid for all shares of Crows Nest Industries will be made by Its whollyowned Shell Canada Resources on Nov 4. The cash offer will be CsBs for each Crows Nest common share and $77.28 for each preferred share. The costReuter. - 103 words
-
177 1977-11-02 4 Reuter MACMILLAN Bloedel has established a U5522.3 million reserve against Its investment in La Cellulose d'Aqultalne SA, which is Its full Investment in the French pulp producer. MacMillan Bloedel's nine month report shows earnings before accounting for the reserve rose to $37.8 million from $13.4 millionReuter - 177 words
-
Article69 1977-11-02 4 Reuter. CARBORUNDUM Co has received a formal offer to purchase all Its outstanding shares. The company said its directors are considering the proposal but declined to reveal the name of the com- pany Involved or give any further details. It said an announcement of the board's decision isReuter. - 69 words
-
160 1977-11-02 4 Reuter BRISBANE, Tues. Thiess Holdings said its As7o million expansion of open cuts facilities at the South Black water coal mine will be partially funded by a Bank of New South Wales led consortium loan of $30 million. In its annual report forReuter - 160 words
-
Article102 1977-11-02 4 Reuter. LONDON, Tues. A US$9O million 5 Vi year loan agreement has been signed here by three Yugoslav banks Jubljanska Banka, Stopanska Banka and Investlclona Banka Tltograd as Joint borrowers. The loan at IS per cent over London Interbank offered rates was managed by Citicorp International Oroup, togetherReuter. - 102 words
-
118 1977-11-02 4 INTERNATIONAL Telephone and Telegraph has won a US$55O million contract to supply advanced electronic telephone switching equipment to South Korea. Mr. James A. Purdy, vice president responsible for ITT's Far East and Pacific operations said the Metaconta 10C equipment will be supplied by Its118 words
-
Article72 1977-11-02 4 Reuter US Steel Corp said it has agreed to acquire a substantial ownership interest in Northern Tier Pipeline Co, which plans to build a 2,500-km pipeline to transport Alaskan crude oil from Port Angeles, Washington to Minnesota. The companv said the pipeline will deliver almostReuter - 72 words
-
228 1977-11-02 4 Reuter. FRANKFURT. Tues. Major Oerman banks have agreed on a new mark Eurobond issue volume of 950 million marks this month, well below the total 1.6 billion of bonds brought to market last month, bond market sources said. The banks, meeting here yesterday toReuter. - 228 words
-
Article109 1977-11-02 4 Reuter. TOKYO, Tues. Tokyo Shibaura Electric Go (Toshiba) said it expects its net profit for the current year ending March 31, 1978, to decline two per cent to 13.5 billion yen from 13.8 billion In the previous year, on sales of 1.06 trillion yen, up fromReuter. - 109 words
-
Article73 1977-11-02 4 Reuter BAHRAIN, Tues. The Mexican state-owned oil company Petroleos Mexlcanos (Pemex) has raised 15 million Bahrain dinars through a public note Issue, Banque Arabe et International d'lnvestment" (Middle East) (BAH) said as Issue manager. Proceeds from the 8.75 per cent, 10 year notes will be usedReuter - 73 words
-
Article141 1977-11-02 4 Reuter LONDON, Tues. Alcan Aluminium (UK) and Kaiser Aluminium and Chemical Corp said they agreed that Alcan should buy Kaiser's 25 per cent Interest In Alcan Booth Industries for £9 million. Alcan Aluminium already holds 75 (fer cent of Alcan Booth. Alcan Booth's net tangibleReuter - 141 words
-
114 1977-11-02 4 Reuter LONDON, Tues. Britain's highest appeal court, the House of Lords, reserved judgement in an appeal to decide whether seven senior executives of Rio Tlnto Zinc Corp must give evidence in a US court probe Into allegations of an International cartel among uranium producers.Reuter - 114 words
-
Article80 1977-11-02 4 Reuter. OSAKA, Tues. Matsushita Electric Industrial Co said It expects consolidated Income for the current year ending Nov 20, 1977, to a record 75 billion yen on record sales of 1.45 trillion yen, compared with 05.67 billion and 1.71 trillion respec- tively the previous year. It noted thisReuter. - 80 words
-
441 1977-11-02 4 Reuter. LONDON, Tuea. BOC International's stewards voted to recommend a return to work by the 9000 striking Industrial gas workers, according to union sources, the Press Association reported. The company has made a new offer to end the dlsBte, which started on OctReuter. - 441 words
-
Page 4 Advertisements
-
Advertisement59 1977-11-02 4 Arrangements have been completed tor THE JOHORE STATE ECONOMIC DEVELOPMENT CORPORATION to subscribe for 30 per cent of the issued share capital of REVERTEX (MALAYSIA) SENDIRIAN BERHAD a wholly-owned subsidiary of REVERTEX CHEMICALS LIMITED The undersigned acted as financial adviser to Revertex (Malaysia) Sendirian Bemad and assisted throughout the negotiations59 words
-
-
Page 5 Advertisements
-
Advertisement280 1977-11-02 5 The new Pan Am 7475P one-stop service Singapore to San Francisco. Now! Pan Am introduces a new service to San Francisco via Hong Kong that slashes an amazing 6 hours off normal flying time The Pan Am 7475P one-stop service Singapore to San Francisco every Sunday From today, Pan Am280 words
-
-
Article2313 1977-11-02 6 \VW\m High Low Company Laat Sale Week +orGr'» Div Div C'vr Gr'i Net Y'ld P/E Week Vol Week (••00) High Low SECTION ONE INDUSTRIALS 154 204 116 238 88* 198* 169 224 414 171 134 165 58 212 57* 155 152 182 350 145 Ac ma Alcorn2,313 words
-
Article1243 1977-11-02 6 i® miern officially kiiiuM la u4 Mort«l the Stock Exchange ofSingsP«* yesterday with the number of •harss traded ikowg in brackst, ia lota of 1,000 unit* iialm otherwise Joined. All Tiate S^tlET." uHIfS Bi« Board <UaU (ia SECTION ONE INDUSTRIALS Acma (1.358 1.375) Alcorn (1MB) Allied Choc1,243 words
-
Article1490 1977-11-02 6 BID and offer price* officially listed and business in and reported to the Kuala Lumpur Stock ExJange yesterday with the number shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIAL* Asms (1.405) A|in«mtto (2 02B) Alcsm (1.638 1 743). Alai. Maid (01,490 words
-
Article45 1977-11-02 6 STRIKING prices of the stock options officially listed on the Stock Exchange of Singapore, the periods, bid and offer prices and businese done yesterday, with the number of op- tions traded shown in brackets. (.jesr 1 c (Dk "•"> "MM*"' (O.YJBI. B M w45 words
-
Article139 1977-11-02 6 SINGAPORE UNIT TRUST IMutim' prion for Nor 2) INCOME ROND UNIT The Commerce The Saving Fund 1.72 1.82 1.03 1.00 INCOME BOND 1.08 1.14 S 'pore Prof Fund S pore Security 0 82 0.87 MARA BUMIPUTRA FUND Fund Spore Invett Fund 1.58 1.88 First Bumlputrm 2.21 2.28 0.98139 words
-
Article162 1977-11-02 6 B O T 8 1/2% 1981 (100,000) (100*B 101S) B O T 7 5/8% IXU (100.000) (97*8 97%5) LTCBJ 1982 (100,000) (98 *B 98SS) Credit Lyonnuu Floating 1983 (100,000) (9758 98 *S) DBS Convert* 6 1/2% 1991 (100,000) (96*8 97*8) D B S 8 1/2% 1982 (100.000) (99*8162 words
-
Article128 1977-11-02 6 Rep Spore D Mark 7% 1982 (100,000) (100 SB 101*8) Rep Spore 6 1/2% 1983 (100,000) (1008 100*8) Rep Spore 7 3/4% 1987 (100,000) (99%.8 100*8) 4 3/4% 1/5/79 (250,000) (200.258 100.448) (4) 100.20 5 1/4% 15/10/79 (250.000) (100.55B) 5 3/4% 1/8/78-80 250.000) (100.70B) 4 3/4% 15/9/80 (250,000)128 words
-
Page 6 Advertisements
-
Advertisement177 1977-11-02 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 these177 words
-
-
INTERNATIONAL STOCKS MARKETS
-
Article, Illustration577 1977-11-02 7 NANYANG Preee continued to forge strongly ahead amid, generally quiet and selective trading on the Stock Exchance of Singapore yesterTb« share waa actively •ought, judging by the volume of turnover and the rigorous bidding it received right from the opening bell. Its overnight premium was extended by 17577 words
-
Article379 1977-11-02 7 SHARE prices fluctuated narrowly to finish marginally lower on the Kuala Lumpur Stock Exchange yesterday. There was no pressure to sell and light covering sentiment continued to dominate the day's trading. Business was again focussed on a score of volatile stocks including General Ceramics, Olympla Plywood and379 words
-
Article350 1977-11-02 7 HONOKONO: The market closed firmer in very active trading an increased buying interest, dealers said. The Hang Seng Index rose 4.48 points to 422.27. Hwrtni Bank was actively traded and rose 30 cents to HMgkaag Lead and BwtaePls«*ile rose 10 each to $13.00, $0.00 and $8.15 respectively, while Wheelock350 words
-
Article478 1977-11-02 7 TOKYO: Share prices fell sharply following the yen's further appreciation, dealers said. The Dow Jones average fell 58.53 to close at 5,021.08 on volume of 280 million shares. The new Index closed at 373.58. down 2.62. Export orientated electrical*, vehicles and precision instruments led the decline with Sony falling478 words
-
Article390 1977-11-02 7 BYDNEY: The market closed mixed with uraniums firm, dealers said. The Bydney All-Ordinaries by 0.13 point to 452.85. Pa»r»etii»—«al rose 80 cents to $8.70 on the publication of its Juar terly report, and ueeaslaad Mines, Kathleea Investments and Es Industrie* firmed between eight and 10 cents. BHP fell four390 words
-
Article125 1977-11-02 7 NOV 01 Bahts Asia Fibre 275 Bangkok Bank 433 unch Bangkok Ihvest 344 ♦8 Bangkok-Metro-politan Bank Bala 775 -35 Berll Jucker 824 unch Charoong Thai Wire 324 ♦7 Dumex Duslt Than! 320 +20 Faber Merlin First Trust 292 ♦7 Oenera Finance 333 +17 Indo-Thal Industrial Finance Corp 2495 10125 words
-
Article304 1977-11-02 7 AMSTERDAM: The market closed quietly mixed in the absence of company news and the bourse closures in Europe. Dutch Internationals were narrowly mixed. PUhpa roee 0.10 guilders while Hsegeisas and Reyal Dutcfc fell 0.10 and 0.20 respectively The rest of the sector was unchanged. Elsewhere, Heiaekea rose sharply, closing304 words
-
Article325 1977-11-02 7 FRANKFURT: Trading gathered pace after a hesitant start and share prices closed higher on the day. owing In part to the absence of satisfactory Investment alternatives, dealers said. Siemens and Deutsche Bank led electrlcals and banks up to 2.60 marks higher, while motors advanced up to 1.10 marks under325 words
-
Article171 1977-11-02 7 MILAN. The market closed mixed In quieter trading, dealers said. Prime Minister Olullo Andreottl's veto of the sale of state-owned Coadotud d'Acqua SPA to a private consortium Influenced mixed flnanclals with Generate Immobiliare sharply lower to 00.25 lire from the previous 71.75 and Baaco Di Roma also weaker. Oltotti171 words
-
Article306 1977-11-02 7 ZURICH: The market wtj narrowly mixed. Influenced by the weaker dollar and unreal on the foreign exchange market following the shift In Bank of England intervention policy to protect domestic monetary targets, dealers said. Among narrowly mixed major hanks. VolksSank closed little changed following Its quarterly report. In Irregular306 words
-
Article388 1977-11-02 7 JOHANNESBURG: Gold shares were easier on the stock exchange on lack of support and reflecting the lower bullion price, dealers said. An absence of overseas demand was evident throughout the day, and losses across the board ranged from three to OS cents. Financial minings fell back in line with388 words
-
Article275 1977-11-02 7 TORONTO: Share prices were mostly higher at the close of active trading with advances outpacing declines 217 to 178. Management companies, up 17 points on index, led the ten rising sub-groups but the gold sector fell 22* points Among companies reporting higher earnings. Demur at 14* added while Dupeot275 words
-
Article1086 1977-11-02 7 NEW YORK: The stock market, unable to sustain a three-day rally, lost more ground In the absence of Investor confidence In the outlook for the economy. The market attempted to rally several Umes during the session, but resumed its downtrend In the final hour after traders apparently decided1,086 words
-
Article14 1977-11-02 7 THE Manila, B rune Is and Parts market! were closed for local holidays14 words
-
Article64 1977-11-02 7 FINANCIAL TIMES INDUSTRIALS Monday 506.5 Friday 500.S Week Ago 514.7 DOW JONES AVERAGE INDUSTRIALS Monday 818.35 Friday 822.68 Week Ago 801.54 LONDON DOLLAR PREMIUM Monday 92 v, to 03 Friday 05* to 05% H.K. HANG SENG Monday 417.70 Friday 415.51 Week Ago 413.54 SYDNEY INDUSTRIALS Monday 380 07 Friday64 words
-
342 1977-11-02 7 NYT. NEW YORK: A Park Avenue triplex apartment built and decorated for Mr. John Schumacher over a year's period was the issue over which he lost his US$2OO,OOO-a-year post as chairman of Bonwlt Teller last Friday, trade sources Indicated. The lavish apartment in whichNYT. - 342 words
-
Article185 1977-11-02 7 Reuter. SYDNEY, Mon. Central Pacific Minerals NL said results of an on-going drilling programme at the Blgrlyi uranium prospect In the Northern Territory's Ngalla Basin lifted probable reserves to 1.30 million kilos of uranium oxide (U308) from the 726,000 kilos reported earlier this year. In itsReuter. - 185 words
-
-
Page 7 Advertisements
-
Advertisement472 1977-11-02 7 for complete banking tank af Amwkt CKffar4 Cnln 24 Raffia* PWu Aim CmhmkM Banking Ctryi Ltd 104/1 M Rahinaan l«W AC o»ir<«n Untan Ifciwim Cantra. Mctl«nin« Hnc M CaOyar Quay SKinf Kwan Hum Shantan Way *2201.133) Saatao Tract Ca 504/50® fitaan MMnf •anqua Natianala Da Pad* Oraraaaa Unian Sharping Cantra472 words
-
-
COMMODITY REPORTS AND PRICES
-
Article463 1977-11-02 8 OPENINO prices were marked down 0.75 cent on lower overseas advices in the Singapore rubber market yesterday, but recovered later on some speculative short-covering. However, towards the morning close, prices fell back again on some stoploss liquidation, Japanese arbitrage selling and freer upcountry offerings. The463 words
-
Article30 1977-11-02 8 Rubber: Nov 1 Siagapore: November MS.OO cents (down 0.50 coot) Malaysia: November 20C.00 cent* (down two cents) Tin: 11,830 (down 110) Official offering: 241 tonne* (up 13 tonne*)30 words
-
Article383 1977-11-02 8 R.A.S. 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 206 50 206 SON 205 00 206 OON Int. 1 R.S.S Nov 209 25 206 75 208.00 206.50 Int. 1 R.S.S Dec 208 25 208383 words
-
Article120 1977-11-02 8 NOON SSR and SMR prices yesterday: Norei nber Dece mber R.A.8. (Ciimtt Mth) (Forward Mth) Buyer* Seller. Buyer* Seller* (ccau per kg) (cent* per kg) SSR 20 (1-ton pallet) 200 SO 202 50N 201.50 203.50N SSR SO (1-ton pallet) 198 00 200 00N 199 00 201 OON120 words
-
Article200 1977-11-02 8 BANGKOK, Tues. Indicative prices for rice quoted today were: (US dollars per tonne fob basis Bangkok): White Rice: 100 pet Ist class 308. 100 pet 2nd 294. 100 pet 3rd 288. 5 pet 278. 10 pet 280. 15 pet 257. 20 pet 254. 25 pet 247. 35 pet unq200 words
-
Article504 1977-11-02 8 TRADING conditions on the produce market changed for the better yesterday as demand for some of the commodities Improved and further inquiries were received from overseas. Local dealers said they do not expect the decision of the British government to l®t sterling rise against the US dollar to504 words
-
Article283 1977-11-02 8 LONDON. Tues. Terminal cocoa opened £4 up from last night to £12 lower partly on currency factors. Concern over shortage of nearby physicals sent near Dec sharply higher In open trading to within touching distance of £40 limit up levels. Market sources said Dec attracted significant support from dealer283 words
-
Article73 1977-11-02 8 C.I F. Rotterdam. US dollars per ton. LONDON Monday Previous Malaysia 5% ffa bulk Dec unch 425 sir Sumatra i% ffa Oct unch 485 sir Nov 437 50pd 447 50 sir Dec unch 427 sir Jan 417 50 pd 425 sir Feb unch 422 50 sir March unch73 words
-
Article215 1977-11-02 8 LONDON, Tues. Currency factors combined with today's Dominican Republic 30,000 tonne raw sugar selling tender for Nov/ Dec shipment helped ease sugar futures at the first call by £0.20 to £0.65. Prices softened further In open trading possibly due, dealers said, to the lowering of the London dally raws215 words
-
Article214 1977-11-02 8 THE Straits tin jJrlce In Penang yesterday was down Mslo to $1,830 cm an official offering up 13 tonnes to 241 tonnes. In LONDON yesterday, tin standard fell by £10 for cash and £55 for Three Months while high grade was up £37 and down £50, respectively. The214 words
-
Article304 1977-11-02 8 LONDON, Tuee. Coffee futures finished the opening call £20 higher to £10 per tonne lower. The official tone was "slightly easier." Turnover totalled 418 lots. The market opened higher reflecting the sharp gains In New York on Monday, which more than outweighed the effects of a further advance In304 words
-
Article90 1977-11-02 8 HONGKONG, Tues. Trading was dull and featureless as traders awaited developments In New York, dealers said. Trading was confined to March and July deliveries, closing U50.15 and 0.18 cents lower respectively. Total turnover fell to 30 lots from yesterday's 53. Open positions after yesterday's trading were 276 lots,90 words
-
Article199 1977-11-02 8 YARN and cotton in Honfkonf dollars. spot ex-codown. Cottoa Yarn: China Blue Phoenix 20 s 1.860. 32'* 2,015. 40 2.100. (per bale of 400 Iba). Piece Gut: China Butterfly and Globe Brand unq. Dragon Head unq. Five Lamb* una. Flower and Butterriy unq. Flying Geese unq. (per piece199 words
-
Article154 1977-11-02 8 CHICAGO, Tues. Soybean futures extended early gains yesterday and closed near the day's highs, up US 17* to 14 cents a bushel. Speculative buying was generated by expectations that the USDA would report a large jump in export inspections for last week and the continued low level of farmer154 words
-
Article130 1977-11-02 8 CHICAGO, Tues. Wheat futures yesterday managed to hold gains of US Vfc to 1 cent a bushel at the close, unable to follow the strong advances In other pits. Speculative support was encouraged by good export prospects and the advances In soybean and corn futures. Professional selling, especially in130 words
-
Article378 1977-11-02 8 LONDON, Tues. Copper wlrebars finished the ring with losses of mostly £2.50 per tonne. Throughout the morning, traded values reflected fluctuations In a firmly based At the outset of pre-market dealings, Three Months sagged to £646 per tonne, hut edged higher on short-coverTng encouraged by sterling's reaction away from378 words
-
Article147 1977-11-02 8 LONDON, Tues. Stiver was unchanged to 0.2 pence per troy ounce lower at the close of ring trading. The early pre-market decline and subsequent recovery In the ring reflected fluctuations In sterling and steadier gold, dealers said. Three Months traded initially down to 266.3 pence, but some short-covecing steadied147 words
-
Article345 1977-11-02 8 THE kllobar market in Singapore opened at 8812,444 yesterday. The market drifted to a low of 8812,427 before recovering In the afternoon to close at 8812,495 due to strong sterllng/UBB exchange rate. In London, the metal opened at U*****.25/45 and closed at U*****.00/20. The London morning fix was U*****.55,345 words
-
Article69 1977-11-02 8 LONDON, Tues. Zinc lost £2 for cash and £3 for Three Months by the end of the morning ring. Three Months traded from a high of £278 down £275.50 before last kerb business at £276. On Monday, zinc closed 113.50 down for cash and £14 lower for Three Months.69 words
-
Article105 1977-11-02 8 LONDON, Tues. Lead was £2 down for cash and £2.25 lower for Three months'at the end of the morning ring. Dealers said prices fluctuated under the Influence of sterling throughout the morning. No other feature was reported. Protective borrowing of cash boosted ring turnover to 2,650 tonnes and Three105 words
-
MONEY AND EXCHANGES
-
Article493 1977-11-02 8 THE US dollar dropped to an all-time low against the Japanese yen in the world's major foreign exchange markets yesterday. Opening at the 248.65/75 yen level in Singapore. In line with Tokyo, the dollar was quickly traded down to 246.90/247.10. Dealers said that the Bank of Japan came In493 words
-
Article36 1977-11-02 8 acbc 6', 1 7 HKRT 7 Bank of China Malayan Banking 7 7 Bank Ne|tra 7 <)CBC OCR 7 CCB 7 1 Chase Manhattan DBS 7 7 UMBC 7 1 COB 7 136 words
-
Article165 1977-11-02 8 Asian rates ASIAN currency deposit Interbank rates as at close on Nov 1 US Dollars (Spoil Offer Bid 7 days .9 9/16 97/16 1 mth .815/18 613/16 2 mths 7 5/18 7 3/16 3 mths .7* 7* 6 mths .711/18 79/16 9 mths .7* 7S 12 mths .713/18 711/16 Sw.165 words
-
Article49 1977-11-02 8 RANGE of price* offered by discount houses on Nov 1 Overnight to 3W% Call deposit 2H to 3%% HaOlO Buyiac Selliaf 3-Month Treasury bills 3 3/18 3 1/10 3-Month Bank bills 43/4 4 5/8 3-Month CD 5 3/1# 51/16 8-Month CD 57/S 53/4 Source: National Discount Co Ltd.49 words
-
Article161 1977-11-02 8 HONGKONG, Tues. Sterling closed around U551.8565/95, sharply above the New York close of $1.8450/65 but slightly below the day's high, dealers said. Trading was thinner after yesterday's hectic session but operator nervousness saw some profit-taking late In the day from Europe. Dealers detected no signs of central bank intervention.161 words
-
Article40 1977-11-02 8 FRANKFURT exchanges opening quotes on Nov 1 US 2 2410/20 Can 2 0190/0210 UK 4 IBS/176 Nrth 92 80/10 BwlU 190.00/70 Italy 2.56/58 France 40 40/50 Norw 41.23/33 Belg com 0 305/405 Be If fin 0.30/40 > Japan 0 9005/0040 words
-
Article218 1977-11-02 8 LONDON; Tues. Sterling firmed on strong demand in opening trading, rising above the US$l.B6 level to show a clew two-cent gain from yesterday's closing levels before a little profittaking trimmed its advance to $1.8583/93, dealers said. Against the basket of currencies the tradeweighted index reached a new high of218 words
-
Article150 1977-11-02 8 NEW YORK. Tues. The dollar closed substantially lower in active trading against most major currencies yesterday as sterling moved almost US 7 cents above last week's closing level. Despite remarks by Treasury Secretary Michael Blumenthal expressing optimism about the dollar's strength, the currency ended at its lowest levels150 words
-
Article138 1977-11-02 8 TOKYO, Tues. The dollar for overnight delivery closed at a record low here of 274.00 yen, down from a 249.00 opening and 250.35 at yesterday's close, dealers said. The Bank of Japan bought an estimated USSIBO to $200 million throughout the day, they said. Spot trading was hectic, with138 words
-
Article149 1977-11-02 8 Euro rates LONDON, Tues. Trading In short dates was active at the outset and rates firmed around 1/8 as operators switched from spot dollars again, dealers said. Interest in fixed dates was relatively modest, but rates firmed up to 1/4. Dealers said the firmness reflected the Fed's action yesterday to149 words
-
Article55 1977-11-02 8 ZURICH exchanges closing quotes on Oct 31. US *2337-2347 UK 4-1100-1140 Can 2 0135-0191 W Germ 99 00-14 Net!) 92 20-28 France 40 20-24 Bel( 0 33-3/4 34-1/2 Denm 30 73-77 Norw 40 83-00 Swed 40 00-71 Italy 0 2540-2542 Austria 13.M-3/4-90-1/4 Port 5.4#-1/3 48 Spain 2 08 08-3/455 words
-
Article55 1977-11-02 8 AUSTRALIA/NZ exchanges quoted on No? 1 AUSTRALIA: Sterling 0 0154/0 9000 US doflar 1 1330/1 1272 Ninety-day air mall buying rates: BteirtS# 0 8280 US down 1.1031 Ninety-day forward buying rate* Sterling 0 0000 US doimri ***** NEW ZEALAND: Sterling 0.5333/0.5394 US dolkr 1.0003/9.9902 Ninety-day forward rate: Sterling 055 words
-
Article288 1977-11-02 8 LONDON, Tues. Straight Eurobonds In the dollar sector were marked down by point and occasionally by up to Y» point. Trading was'heavy and prices eratlc at the outset amid fears the Fed will tighten its monetary policy. Eurobond prices quoted on Nov 1. Straight* BM Offer Nippon Fud Bank288 words
-
-
-
Page 8 Advertisements
-
Advertisement31 1977-11-02 8 Don't let the language barrier stop you from wider contacts rriQK m VA '<*** <S r >N e 3 o^_ tV) \e P°t> 0 \c 3 S "Ml «S> I nl§o VISAPHONE31 words
-
-
Article359 1977-11-02 9 Reuter. MOBCOW, Tues. A Tupolev-144 airliner today makes Soviet aviation history with the Inaugural flight of the Soviet Union's first supersonic passenger service. It will carry officials, Journalists and selected foreign correspondents from Moscow to Alma-Ata. the capital of the Central Asian Republic of Kazakhstan.Reuter. - 359 words
-
Article129 1977-11-02 9 AFP. TOKYO, Tues. Japan today reported a sharp decrease In ship orders won by It in the first half of fiscal 1977. According to the Transport Ministry, Japan's 35 major shipyards added to their order books 208 ships (3,050,000 gross tons) in the first half of fiscalAFP. - 129 words
-
201 1977-11-02 9 AFP HONGKONG, Tues. Hapag-Lloyd chairman H.J. Kruse has hit out at low Soviet shipping freight rates. Here on a business trip Mr. Kruse said that Soviet undercutting, about 20 percent, had created instability on worldwide routes. He suggested that to help solve the problem OECDAFP - 201 words
-
Article859 1977-11-02 9 SPOT movements in the region centred on the same commodities of the region with no change In rate. Volume remained spare. Sugar from Bangkok to Japan and Port Kelang received US$9.OO FIO. Rice from Bangkok to Indonesian main ports at US$l3.OO FILO. Philippines cement to Indonesia received859 words
-
Article, Illustration365 1977-11-02 9 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Btndang (2300) 19 Centaur (1500 46 Cherry Vllja (B. Barge) (after Ocean Supply sails) 48 Chidambaram (1100) 42/43 Elllnls (1230 after Bunga Seroja hauls) 31/32 Fortune Runner (3FYQ) (2300) 23/24 Great Guide (3FFZ) (1200) 40/41 Kins Sun (0600 22 Nediloyd Willemskerk (0600)365 words
-
423 1977-11-02 9 NYT NEW YORK, Tues. ECch time an American airline sells a ticket, it assumes a responsibility for the traveller that goes beyond the proper maintenance of Its equipment. Today, airport searches and luggage checks represent a commitment to every passengers I>rotectlon against hlackers. ANYT - 423 words
-
Article223 1977-11-02 9 AP. WASHINGTON, Tues. The US Civil Aeronautics Board (CAB) ruled yesterday that Pan American World Airways economy fare between Hawaii and American Samoa Is too high and must be rolled back. The board said the normal economy fare between Hawaii and Samoa should beAP. - 223 words
-
Article169 1977-11-02 9 AP. LONDON, Tuea. North American grain rates remained vibrant over the weekend, with new sains recorded on the US GulfJapan trade. A particularly outstanding fixture was the payment by Scanbulk of 113 (F10) to a 25,000ton Sanko Vessel loading in Nov 20-30 position. Larger vessels also pushed"AP. - 169 words
-
Article49 1977-11-02 9 AFP. HONGKONG, Tues. Cfcthay Pacific Airways today took over the ground handling of Singapore Airline* passenger* and cargo at the airport here. This follows the «igwing ot an agreement between the two carriers in September on the exchange of ground handling in Singapore and Hongkong. AFP.AFP. - 49 words
-
Article36 1977-11-02 9 UPI. OPORTO, Tues. Some IS hours behind schedule, two American pilots seeking to beat the round-the-world flight record for single engine aircraft took off early yesterday evening from Oporto airport headed for Munich. upiUPI. - 36 words
-
316 1977-11-02 9 AP. WASHINGTON, Tues. The US Supreme Court yesterday let stand a lower court's ruling that airline employees are protected by the same liability limitations their companies enjoy in suits stemming from air disasters. The justices refused to hear an appeal by theAP. - 316 words
-
Article734 1977-11-02 9 ARRIVALS DEPARTURES Operator Numb. V iiW m- Tin n From Operator Nu ■neo Local Time Pan TMA TL304B MAS MH601 MAS MH682 SLA SQ101 MAS MH621 MAS MH607 MAS MH671 SIA SQ103 PAA PA847 OIA OA980 CPA CX710 THAI TQ423 SIA SQ209 THAI TQ981 OIA OA944 PAL734 words
-
Page 9 Advertisements
-
Advertisement320 1977-11-02 9 Slow boat from China 'V'J I w CHINA TRADE QUARTERLY Far East Publications g j 1913, Hanglung Centre, Paterson Street, Causeway Bay, Hong Kong. I Please enter my full subscription to China Trade Quarterly. lam enclosing e cheque/money order for US$2OO.OO or equivalent in other currencies. .of China Trade Quarterly320 words
-
-
4372 1977-11-02 10 HUMAN RESOURCES IN BANKING THIS essay 'by Dr Pug Poh Seng of Overseas Chinese Banking Corporation was awarded the Lien Ying Chow Challenge Trophy in the section reserved for staff of ABS and IBF member institutions in the National Banking and Finance4,372 words
-
Article, Illustration566 1977-11-02 10 Women's lib what has it done to husbands UPI. STOCKHOLM, Tues. Industrialisation brought the woman out of the home and Into factories and offices. Her self-earned economic Independence shattered age-old notions of the woman's role but what has It done to her former master? Carl Oustaf Boethlus, chairman of theUPI. - 566 words
-
Page 10 Advertisements
-
Advertisement25 1977-11-02 10 196 pagaf ovar 10 colour and 200 black-and-white illustrations. 31.3 x 23.4 cm s alth and Peace leman (author of "YOGA 28 DAY EXERCISE PLAN)25 words
-
-
704 1977-11-02 11 Reuter, AFP. TOKYO, Tues. The Bank of Japan appeared to lack both certainty and determination In its dollar-buying operations on the foreign exchange market here today, stimulating the belief that the yen is due to rise still more, dealers said. One dealer said "TheReuter,; AFP. - 704 words
-
237 1977-11-02 11 Reuter. TOKYO, Tues. Japan's visible trade surplus is expected to rise In October from US$l.69 billion (554.06 billion) In September, Finance Ministry officials said. They were commenting at a news briefing following the announcement that Japan's external reserves In October rose $1.71 billion toReuter. - 237 words
-
Article109 1977-11-02 11 Reuter TOKYO, Tues. Japan's seasonally adjusted M-l money supply rose 0.7 percent in September, after a 1.8 per cent rise in August, to give a year-on-year rise of 6.3 per cent against 6.1 per cent In August, the Bank of Japan said. Seasonally-adjusted M-2 money supply roseReuter - 109 words
-
Article197 1977-11-02 11 AP. JAKARTA, Tues. An official of the Indonesian Embassy In Singapore has told Indonesian reporters that many Indonesians on the Islands of Rlau depend on smuggling with Singapore for their living. The official news agency Antara identified the Indonesian official today as Mr. Irsan, head ofAP. - 197 words
-
Article84 1977-11-02 11 UPI. TAIPEH, Tues. The Taiwan Textile Federation today refuted foreign charges that exported textile products and garments to the United States are subsidised by the government. The federation said Taiwan's textile Industry has been growing fast In the past years but the government has never subsidised ItUPI. - 84 words
-
159 1977-11-02 11 AFP TOKYO, Tues. The. Popularity of Prime [lnlster Takeo Fukuda's Cabinet sank by 2.8 per cent from the previous month to 28.8 per cent in October, according to a JIJI press opinion poll. Those who did not support the Fukuda Cabinet accounted for 39 perAFP - 159 words
-
486 1977-11-02 11 JOHN LIM - By JOHN LIM DEALERS In the electrical retail trade In Singapore are making profits of around one to 2 per cent on their sales, which is about half of what Is required for them to break even. According to Informed sources In the trade,486 words
-
281 1977-11-02 11 AFP. TOKYO, Tues. Japan's 15 man-made fibre producers are cutting production of all three major fibres polyester staples and filaments, nylon filaments, and acrylic staples under a state-approved antl-recesslon cartel agreement. Under the agreement, proposed by the Ministry of International Trade andAFP. - 281 words
-
Article168 1977-11-02 11 AP. SEOUL, Tues. South Korea's trade deficit will widen this year but the nation's current account will be almost balanced out because of brisk construction service exports to West Asia, according to a government projection. Deputy Premier-Econo-mic Planning Minister Nam Duck-Woo predicted a US$7OO millionAP. - 168 words
-
464 1977-11-02 11 AP, Reuter. TOKYO, Tues. Japan Is expected to harvest a bumper rice crop totalling 13.08 million tonnes this year, the Ministry of Agri-culture-Forestry said today. The forecast was made on the basis of a survey taken on Oct. 15. The ministry saidAP,; Reuter. - 464 words
-
Article191 1977-11-02 11 THE Telecommunication Authority of Singapore has introduced lta IDD (International Direct Dialling) telephone service to Hawaii. This increases the number of countries with which Singapore has IDD service to 21. The charges will be $9.00 per minute and will be based on the acutal duration191 words
-
169 1977-11-02 11 Reuter. MANILA, Tuea. The National Economic Development Authority expects the Philippines dependency on oil to drop from the present 94 per cent of all sources to 68 per cent by 1987, It says In a study Just published here. It forecasts,Reuter. - 169 words
-
Article115 1977-11-02 11 THE $480,000 workshop extension of Bukit Merah Vocational Institute will be officially declared open today by the MP for Bukit Merah, Mr. Llm Chee Onn. The institute will remain open to visitors tomorrow and Friday from 9 a.m. to 5 p.m. The open house cum exhibition115 words
-
Article49 1977-11-02 11 FIVE technicians from Tenryu (S) Pte Ltd have left for a three-month advanced training course In Japan. A spokesman for Tenryu which manufactures watch casings for Its parent in Japan, Seiko, said that this move Is in line with the Government's efforts to upgrade technical skills.49 words
-
893 1977-11-02 11 KUALA LUMPUR. Tues. Datuk Musa Hltam yesterday revealed that certain palm oil operators were engaged in undesirable practices which would tarnish the image of the Industry internationally. The Primary Industries Minister hoped that the Palm Oil Registration and Licensing Authority (Porla) would introduce893 words
-
Article126 1977-11-02 11 COLD Storage will soon be using Its new multi-million dollar warehouse at Paslr Pan Jang. The $10 million three-storey warehouse will provide 8,000 cubic metres of refrigerated storage space ana 2,500 sq metres for non-refrigerated goods. The move from the present Borneo Wharf to126 words
-
Article349 1977-11-02 11 KUALA LUMPUR, Tues. Trade and Industry Minister Datuk Hamzah Abu Samah said here today that the growing tourist trade might have undesirable soclo-cultural consequences for certain countries. Opening a travel research seminar of the Pacific Area Travel Associations (PATA), Datuk Hamzah said tourism was349 words
-
Page 11 Advertisements
-
Advertisement502 1977-11-02 11 APPOINTMENTS Til INTERNATIONAL TIN COUNCIL TIN INDUSTRY OFFICER THE INTERNATIONAL TIN COUNCIL, an intergovernmental commodity organisation comprising 29 tin producing and consuming countries, invites applications for the post of TIN INDUSTRY OFFICER. The staff of the Council is recruited internationally, preference being given to nationals of participating countries. The post502 words
-
-
601 1977-11-02 12 AAMO-6 CONFERENCE ASIAN managers face a host of problems which Impair their performance, according to a leading Taiwanese industrialist. Mr. C.F. Koo, president of the Taiwan Cement Corporation, listed four problems confronting Asian managers. They are: the paternalistic and Individualistic approach towards management, peculiarity601 words
-
Article168 1977-11-02 12 Reuter. NEW YORK, Tues. Foreign firms Invested well over US$l billion (552.4 billion) In the United States In the three-month period ended last Sept 30, the Conference Board said today. The board, a private research organisation sponsored by business, said It counted 73 newReuter. - 168 words
-
Article114 1977-11-02 12 NEW DELHI, Tues. A parliamentary consultative committee has urged the Indian government to consider Importing gold to check smuggling, newspapers reported. The committee, comprising members of both the ruling Janata Party and the opposition parties, has said Import of gold in sufficiently large quantities would114 words
-
424 1977-11-02 12 ASIAN managers should take the initiative in Introducing worker participation in management before industrial conflict creates suspicion and lack of trust. Mr. R.R. Trotter, chairman and managing director of the Challenge Corporation of New Zealand, said that because the concept has not yet caught on424 words
-
382 1977-11-02 12 Reuter. JOHANNESBURG, Tues. South Africa has been stockpiling oil at a greatly Increased rate for the past four months as a precaution against an International oil embargo, Informed economic sources said today. There are also Indications that it has accelerated Its defence purchases from abroad,Reuter. - 382 words
-
Article376 1977-11-02 12 UPI WABHINOTON, Tues. The United States will withdraw from the International Labour Organisation next Saturday on the recommendation of labour and industry leaders, White House sources said yesterday. The sources said President Carter will announce the withdrawal today. AFL-CIO president George Meany and the USUPI - 376 words
-
Article, Illustration254 1977-11-02 12 PRIZEWINNERS in the first National Banking and Finance Essay Competition were presented with their awards yesterday at an informal ceremony in the OCBC Centre. The prizes were presented by Mrs Elizabeth Sam, chief manager, Monetary Authority of Singapore. The competition attracted 26 entries but no overall254 words
-
Article171 1977-11-02 12 Reuter. MANILA, Tues. Some 1,000 Items will eventually be Included In the preferential trade agreement among members of Asean, according to Philippine Trade Secretary Troadlo Qulazon. Speaking last night to the Federation of FlllplnoChlnese Chambers of Commerce, Mr Qulazon said 71 products had already been agreedReuter. - 171 words
-
Article369 1977-11-02 12 AP. HONGKONG, Tues. Britain's Lord Shawcross today urged businessmen to abide by business ethics and 'combat extortion and bribery.* Lord Shawcross, chairman of the International Chamber of Commerce Commission, described International corruption as "a creeping pollution of our social, political and economic life." The commission is anAP. - 369 words
-
193 1977-11-02 12 WITH growing protectionism and tariff restrictions in the developed countrie*, Asean nations must work more cioee ly in developing economic endeavours to compete in the international market. Mr. Wee Cho Yaw, vicepresident of the Asean Chambers of Commerce and Industry (Asean-CCI) and also193 words
-
Article33 1977-11-02 12 SINGAPORE'S total population stood at 2.31 million In mid-1977, according to latest government statistics. Out of this total, 1.18 million (51.1 per cent) are men and 1.13 million (48.9 per cent) women.33 words
-
433 1977-11-02 12 UPI, AFP. LONDON, Tuea. British government officials and financial observers reacted cautiously today to the pound sterling's dramatic 6 cent increase against the US dollar. Exporters began counting the costs incurred by a more valuable pound which closed yesterday at U8t1.8405, the highestUPI,; AFP. - 433 words
-
Article292 1977-11-02 12 Reuter ROME, Tues. US Treasury Secretary Michael Blumenthal said a trade deficit of US$3O billion (SS72 billion) forecast for the US this year is clearly too large, but at less than two per cent of ONP, it is small In relation to the economy as aReuter - 292 words
-
Article811 1977-11-02 12 LONDON. Tues. The stock market lost ground with sentiment deflated by the news that British coatmlners voted against a productivity scheme, dealers said Most of the price movements were attributed to professional adjustments, they added. Long dated government bonds closed up to W point lower on the day811 words
-
Page 12 Advertisements
-
Advertisement91 1977-11-02 12 In days of yore. When Henry Four Was trying hard to keep Rebellion down. In London Town A tavern in Eastcheap Had great renown: Here did the Crown Prince Henry entertain. With clack and smack And lots of sack His sycophantic train. The Boar's Head Inn (A synonym For food91 words
-
Advertisement390 1977-11-02 12 ELK T ?7FTL South East Asian Production Machinery and Engineering Equipment Show, 7-11 November 1977, Hyatt Convention Centre Singapore Industrial Investment Seminars Presented by the five ASEAN governments Seminar Day 1 7th November Seminar Day 2 Bth November Indonesia Malaysia Presented by the Investment Co-ordination Board Government Team: Processor Barli390 words
-