The Business Times, 28 February 1978

Total Pages: 16
1 16 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 TUESDAY, FEBRUARY 28, 1978 50 CENTS
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  • BRIEFLY...
    • 61 1 AFP KUALA LUMPUR, Mon. The Malaysian Prime Minister, Datuk Hussein Onn, has rejected a call that he intervene in obtaining a pardon for convicted former Selangor Chief Minister Datuk Harun Idrls. A confrontation now appears Inevitable between the government and the charismatic former leader of the Youth Wing
      AFP  -  61 words
    • 75 1 UPI WASHINGTON, Mon. The US inflation rate doubled from 0.4 per cent in December to 0.8 per cent In January, while workers' spendable Income took the biggest drop In 14 years, the Labour Department said today. Inflation for urban consumers increased at an annual rate of 3.6
      UPI  -  75 words
    • 53 1 THE US dollar rOse steadily In European forex markets yesterday after the Swiss government announced new moves to stop the rush Into its own currency. The purchase of Swiss securities by nonresidents has been banned and a limit set to the amount of foreign exchange that can be
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    • 46 1 Reuter PARIS, Mon. Senior officials of the 24 Organisation for Economic Cooperation and Development nations have begun discussing plans which could lead to a concerted push for a 5 per cent gross domestic product growth rate in the OECD area this year. Reuter
      Reuter  -  46 words
    • 77 1 UPI TOKYO, Mon. Export and import contracts concluded by Japan's 13 major trading firms in January both declined from December and yearago levels, their parent organisation announced today. The Japan Foreign Trade Council said export contracts signed in January amounted to 717.1 billion yen (Ss7 bUlion), down 24.4
      UPI  -  77 words
    • 60 1 Reuter PARIS, Mon. Oil exporting countries will set new records In their medium-term borrowing over five to 10 years on the International capital market this year, the Organisation for Economic Cooperation and Development (OECD) has forecast. The OECD said total loans could reach between US$B billion (5518.5 blUlon)
      Reuter  -  60 words
    • 66 1 UPI NEW YORK, Mon. Helped by the dollar's Improvement on foreign exchange markets, prices moved higher during the first hour of trading today on the New York Stock Exchange. Turnover was impressive. As a result, the Dow Jones Industrial average was 1.91 points higher to 758.15 lust before
      UPI  -  66 words
  • Chief Price Changes
    • 119 1 Foils Most active CarUberf KLbp«( flapi Cory hp* Prod acta SogaiBMi BBajra DBS Darby C Safin 404 144 275 118 500 157 330 320 255 -12 -10 -7 -7 -5 -5 -4 -4 -4 Harlmau API Sim Lim Puh&ng cpms Total Turnover: Total Value: Indices 260.000 J91.000
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    • 149 1 Falls Most active Sg. Beat Tronoh Benu Toshiba Orient*] B Raya 5.00 5.80 2.80 3.00 3.60 1.60 -.15 -.15 -.10 -.10 -.08 -.06 API 210,000 Sim Llm 183,000 P&h&ng Cons 101,000 Boustead 100,000 Total Turnover 2.08 M Total Value MS3.64 M supreme uorp zoo N ST S.OO
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  • 1350 1  -  A BUDGET FOR BUSINESS By JOHN TAN FINANCE Minister Hon Sul Sen's budget address yesterday was a comprehensive blueprint to make Singapore a regional centre not only for manufacturing but for all the service industries. In one of the longest budget speeches made by him,
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  • 469 1 IT WAS not an entirety painless budget presented by the Finance Minister in Parliament yesterday. However, It Is a budget good for business and Industry. It is one which rewards the talented and hardworking In line with the nation's drive to become an achievement-oriented society.
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  • 255 1 SINGAPORE hopes that the two-day talks with Malaysia on a new air services agreement between them, will see progress made for both sides. March 16 will see the start of round three of the Malaysia/ Singapore negotiations to be held in
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  • 563 1  -  »y TERESA LIM THE US may increase tariff barriers against Asian countries soon, as labour pressures in the US become more intensive. But US corporations may be able to stave off this development If they can secure the cooperation of the Asian
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  • Page 1 Advertisements
    • 83 1 PIT X SHIPPING PAGES BB fcyw Shipowners Amditiwi —d ths Singapore Maptec rtmsrlitiia fa IOMMt with ths Straits Times transfer ths daily ship£b|jn«ss torn ths Straits Tlmss to BwsHisss Times from Prom that date, those pages will ceose to sppear h the Straits Timss sad instead will be carried in
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    • 136 1 suancss OiMKTOUi 4$ The Autumn issue of the ASEAN Business Quarterly includes a 5-page analysis of ASEAN's urea projects and finds these to be less than viable (12 tables) a 15-page analysis of the impending world energy crisis ancL the likely economic effects on ASEAN countries including new patterns of
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    • 75 1 NCR's REPUBLIC springboard and ksach hwi for many 2 TANKER crisis Is a riotous circle I BUDGET hi ystspsutln 4, 7 WHATs ailing the US stock SHIPPING TIMES BENTOSA Plywood stows down to second half U BEACORP i us ii loss foil control ofSUT 11 DAMPER an growth at Tractors
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    • 390 1 U-Bix COMPLETE COPYWG !SYSTEM APS ELECTRONICS (PRIVATE) LTD SINGAPORE Tei 5569*4 (5 Lines > APS ELECTRONICS m SON BHD KU*La LUMPUR Tei 03-*****0 THESE ARE THE BOOKS THAT HITLER BURNED ;s; lil-l;; =-ssr u "I N/ "/'/ro\ V/ THE GREAT BOOKS OF WESTERN CIVILIZATION Thaw are the book! that had
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  • TRADE AND INDURSTRY
    • 167 2 COURSES AND TALKS DATES TITLE LOCATION ORGANISER* Feb 13 Mar 31 Administrative management YWCA, Marine Parade University of Singapore Feb 27.28 Finance for sales and marketing management Hilton Consulasla Mar 1.2 Maximising profitability from major customers Hilton Consulasla Mar 2 Effective Personnel Management Hilton P.O.D. Mar 4 11
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    • 523 2  -  By TSANG SAU YIN NCR considers the Singapore banking market a very important one for the organisation. This was stated by Mr. Keith Thomas, director, financial systems, in the International Marketing Services division of NCR Corporation. He is in Singapore to conduct a oneweek
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    • 183 2 A DELEGATION of Malaysian travel agents will be here from March 2 to 5 for talks with local agents on the mutual promotion of tourism. The Singapore Society of Tourist Agents Is organising this annual dialogue, the third since the first conference
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    • 184 2 THE Public Works Department has awarded a $14 million contract to a local firm, Jurong Engineering, to construct 34 "Apron Drive" type aerobrldges (passenger loading bridges) for the passenger terminal building at Changl International Airport. Jurong Engineering will receive technical assistance from a
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    • 312 2 THE INDUSTRIAL and Scientific Conference Management, a world-wide organiser of specialised trade shows and convention*, will stage three international exhibitions in Singapore in the next seven months. This is in line with its policy of creating advanced marketing opportunities in world capitals which
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    • 64 2 AFP PEKING is earning about US$2 billion (554.6 billion) a year through Hongkong with the earnings growing at 5 to 10 per cent per annum. a top Hongkong Chamber of Commerce official, Jimmy McOregor. said. An economic Journalist, Derek Da vies, added China may be using Hongkong
      AFP  -  64 words
    • 399 2 THE Salvage Association, a British organisation that Investigates marine casualties for insurance underwriters, believes that Singapore is an important centre from which to serve South-east Asia. Mr. J. Beckett, the company's chairman who stopped over here yesterday as part of a tour of the Asian
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    • 378 2 BRITAIN, which has through the years been elbowed out of Its place as one of Singapore's prominent trading partners, is now stepping up its export drive following a dramatic turnaround in its economy. This year there will be at least 15 trade missions from Britain
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    • 199 2 AN AUSTRALIAN company, producing a steelframe scaffolding system, is planning to fabricate Its products here following growing demand for them in Singapore. Mr. Tony O'Connell, manager of the Singapore branch of Acrow Pty Ltd., said that Its "SEA Frame System'' has been especially developed for the region and
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    • 360 2 Reuter A US$54 billion (Ssl2s billion) scheme to make South and South-east Asian countries selfsufficient in rice by 1993 was proposed by the Trilateral Commission in a paper presented in Paris yesterday. The scheme hopes to double rice production in these areas to
      Reuter  -  360 words
  • Page 2 Advertisements
    • 343 2 FEDERAL PUBLICATIONS Li >' F M\\\ m ffm b m M\ ilta n ?> TTTTT \\n MM a step-by-step guide An easy to understand yet fully rewarding book on flower arrangement Floral Creations, with its unusually lucid text and thoughtful illustrations, could make an expert flower arranger of even the
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  • Page 2 Miscellaneous
    • 614 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Eye guard (5) Some prankster* In the Army (5) 1 Dashed quick It Run off to make a doctor one's own (S) 11 Footwear to pack? (9) 12 He has a broken now to put right (5) 13 Race finish station (4, 3) is
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  • OVERSEAS
    • 701 3 NYT CREDIT analysts expect the Federal Open Market Committee to maintain its monetary policy when It meets In New York today, probably the last under the leadership of Dr. Arthur Burns. The committee must decide what it thinks is the appropriate monetary policy m
      NYT  -  701 words
    • 504 3 AP AMERICA'S best potential for new onshore oil discoveries may He In the Arctic wildlife range of northern Alaska. But there Is a hitch. Some environmentalists say the range Is also the country's best remaining prospect of a wilderness. It Is a textbook example of
      AP  -  504 words
    • 428 3 AP TECHNOLOGY to clean up oil spills has been largely neglected In the drive to extract oil from under the world's seabeds, says an authoritative reference book published In London yesterday. Jane's Ocean Technology says In the foreword to Its 1978 edition: "Progress In technology associated
      AP  -  428 words
    • 284 3 Reuter rank AND FILE acceptance of a contract to end America's longest ever coal strike was still in the balance on Sunday, judged by early reaction from the coalfields. Labour Secretary Ray Marshall, predicted acceptance by the miners as union leaders mounted a drive to
      Reuter  -  284 words
    • WORLD IN BRIEF
      • 630 3 Agencies US President Carter has agreed to a May summit I meeting with Japanese Prime Minister Takeo Fukuda, the Japanese Foreign Ministry said yesterday. The US ambassador to Japan, Mike Mansfield, planned to notify Mr. Fukuda formally of the acceptance today. SWISS voters pasted easily the four-party ruling
        Agencies  -  630 words
    • 161 3 Reuter THE WORLD ii heading for new energy crisis despite the current glut on the international oil market, Venezuelan Mines Minister Valentin Heraandes said in the ministry's weekly bulletin. Venezuela's petroleum production has fallen 28 per cent to an average 1.68 million barrels a
      Reuter  -  161 words
    • 501 3 Reuter WEST German Economics Minister, Otto Lambsdorff, said in Frankfurt on Sunday he is gravely concerned about the development of EEC industrial policy. "Supporters of protectionist and interventionist measures and of economic controls are ever increasing in number. Their inventiveness seems limitless," he added. He
      Reuter  -  501 words
    • 1203 3 STRONGER DOMESTIC DEMAND Reuter THE LONDON Business School, in Its latest issue of Economic Outlook, forecasts a UK payments surplu3 of £1.7 billion (817.66 billion) on current account In 1978 as a whole, but falling sharply towards the end of the year. A small
      Reuter  -  1,203 words
    • 231 3 Reuter BRITAIN'S Trades Union Congress yesterday demanded the Labour government should Inject nearly i 3.8 billion (B*l7 billion) into the British economy in the 1978/ 79 budget in order to restore economic growth knd reduce unemployment still at post-war record levels. In its annual economic
      Reuter  -  231 words
  • Page 3 Advertisements
    • 85 3 r OPENING HOURS 10am tolOpm \SSO DEPARTMENT STORE OPENS FOR BUSINESS P liA'/A SINGAPORE In the heart of Orchard Road shopping area Welcome to our new and exclusive department store a class by itself. We have a wide range of quality products to cater for both tourists and local customers.
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  • RAW MATERIALS
    • 306 4 THE market yesterday in Singapore closed slightly easier with March One RBB buyers quoted at 204,50 cents per kilo, down half a cent from last Friday's close. The afternoon session was quiet and featureless. The morning market closed slightly easier with March One RBB buyers
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    • 299 4 Prices in cents per kilo yesterday: Noon Clow (per kilo) (per kilo) Int. 1 R.S.S. prompt f.o.b. Int. 1 R.S.S. March Int. 1 R.S.S. April Int. 2 R.S.S. UK/Cont. Int. 3 R.S.S. UK/Cont. Int. 4 R.S.S. UK/Cont. Int. 5 R.S.S. UK/Cont. Closing tone: V. Quiet Buyers 204.10 204.90
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    • 89 4 NOON SSR prices yesterday HAS March April (O Buy* •imtMtk) in Mbn Mth) SSR 20 SSR SO (1-ton pallet) (1-ton pallet) (M 193.50 191 SO mu parks) 195. SON 193.50N ft* 194.50 192.50 •to (arks) 198. SON 194.SON SST.% SMR5L SMR 5 SMR 10 SMR 30 SMR
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    • 15 4 Malaysia: (dowo 0.7S casta) Tim: 11J47 Official ML. >1# tMt■W (IV s toUM)
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    • 193 4 BANOKOK rice prices were as follows yesterday: U8 dollar! per tonne fob basis Bangkok. White Mce: 100 pet Ist CUus 407 100 pet 2nd QMS 30T 100 pet 3rd Class 387. 5 pet 378. 10 pet 305. 19 pet 302. 20 pet 357? 25 pcf 3<2. 35 pet unq
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    • 60 4 •SILVER closed mostly 0.7 pence higher In London yesterday. Values edged higher in the early premarket reflecting firmer gold and wajker sterling against the dollar, trade sources said. The market later receded partially under light selling prompted by the subsequent downturn In gold. Ring trading was thin with carries
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    • 49 4 THE lead market extended Friday's late kerb tally on short-covering and some trade buying which took Three Months upto £290 per tonne during first ring dealings In London yesterday. Profit-taking pared gains on the kerb where Three Months finished trading at £292. Sales were brisk at 5,000 tonnes.
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    • 217 4 PRICES remained steady In quiet trading at the Singapore produce market Coffee dealers were op-, tlmjgtk: about the prices of coffee for the rest of the year. One main reason is the expected fall in world output as a result of the drought in Brazil. The Singapore Chinese
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    • 247 4 ROBUSTA futures in London yesterday opened quietly steady £5 lower to £12 higher compared with the previous close in a turnover of 79 lots. Near months recovered on local dealer jobbing to end the call not more than £5 down after trade and commission house selling had made for
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    • 158 4 TERMINAL sugar finished In London yesterday the first call £0.15 up from Friday to £0.60 down. Near March was lower by 10.55, said by dealers to te connected with its exolry later. K Fresh news was lacking. The sources said recent. Indications of depleted Physicals Inquiry from both the
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    • 128 4 TERMINAL cocoa finished a reasonably active morning with on-balance gains of £59 to £19 in London yesterday. Near March, registering the largest gain, was featured by a mid-session £40 limit advance. Market-sources said dealer short-covering of nearby cocoa could possibly result in a tightening of early delivery physical supplies
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    • 106 4 THE Btraits tin price In Penang gained Ms 3 per plcul to $1,047 yesterday. Values were marked higher slighUy following some buying demand from Eastern European countries, Japan and US and also In reaction to Last Friday's sharp fall. Turnover rose to 210 tonnes from Saturday's 185 tonnes
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    • 172 4 THE kllobar in Singapore opened at 8513.543 and closed at $13,638. i In the London market, i the metal opened at USSIBO.OO/00 and closed highet at $182.00/30. The London morning fix was US$lB2.lO, up $1.35 from the previous. Source: Singmas Retail prices per tael quoted by the Singapore Chinese
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    • 80 4 COPPER wlrebars finished the morning showing gains of mostly C 2 in London yesterday. Values were given support on the pre-market by modest short-covering prompted by the sizeable decline in stocks, firmer gold Initially and the subsequent easier tone in sterling against the dollar, dealers said. Dealings were fairly
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    • 48 4 ZINC rose by mostly £7.25 per tonne in London yesterday. This metal followed the upward trend in lead with modest short-covering taking Three Months up to £245 by the end of morning kerb trading. Dealings were thin however, with only 825 tonnes changing hands in the ring.
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    • 380 4 THE sugar market closed unchanged to 0.06 cents higher in featureless trading on lack of Interest 2 both trade and commls>n houses with speculative Interest also absent yesterday. Turnover dropped to five lots, one In September and four In October, from 17 lots on Friday. Open positions rose
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    • 571 4 WORLD stocks of soybean oil will climb by 30 per cent to 1.3 million tonnes during the current marketing year as demand falls to match increased output generated by a strong demand for soybean meal. i The Hamburg baaed 'weekly publication, Oil World, estimates
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    • 265 4 SEVERAL leading Chicago Board of Trade market analysts said U.S. soybean oil stocks at the end of the marketing year will be lower than the 1.250 billion lbs estimated earlier last week by the Hamburg based weekly publication. Oil World. Most traders estimate stocks
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    • MONEY AND EXCHANGES
      • 544 4 THE foreign exchange market yesterday saw the US dollar fluctuating mainly against the yen and mark while holding steady against the rest. The dollar opened at the 238.50 level against the yen but dropped to 238.00 at lunch. However, It recovered to 238.70/80. When London ogened before dropping
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      • 55 4 ACBC AJcencnc Bank 7 Bangkok Bank 7 Bank of America 7 Bank of China 7 Bank of Tokyo 7 Citibank 7 H HSBC 7 Indoouaa 714 Malayan Ranking.... 7 Mitaui Bank 7 Bank Nogara Indonesia 714 ocbc m OUB 7 Chartered Bank ,714 Chaa* Manhattan 7 DBS
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      • 138 4 Asian rates A II ■WAN currency deposit Interbank u *t clow on Feb 27 U8Mbn(8M| 1 Oflkr 7 1/16 1 I «Ul 7 1/1 1 Emifu 71/4 1 ImtlM 7 1 Imtfti 77/» 1 Imtlu 7 15/16 7 tmtto (J/16 7 Mi.ta. l ftU 115/16 t '1/1 '4/16 W 1
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      • 5 4 I.r.vr.) r.-J— r Source:
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      • 51 4 Itio i kALIA/NZ exchange* quote* mT*>Tl IUSTRALIA US dollar *****/ 1.1334 SMrtlng 0 5440/ 4.1514 Ninety-day air mall buying rates: Sterling 0 4031 OS dollar* I.ISM Klnety-day forward buying rale*. sumna 0*77 OS da&n MM MtWSKALANQ stSSI ,bm/ M* oetifcr i ons/1 om s£!sf£^? I L£if n J bu,ln
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      • 54 4 Euro rates S^2rsra tfwop B W TVS** t-lVli. ■wit 1 emfl 1 "V »-11/ l«. Bw«n day* (to and notic* T. »-1/» One mth 7-1/* ,T* Two MUM 7-1/4 7-1/1 Three mUu 7-7/14, 7-4/14 Pour atth* 7-4/14. 7-7/14 n*» oxths 7-11/14. 7-4/14 SU mm* 7-7/S, 7-3/4 Nine mtlM 7-IVI4, 7-13/14
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      • 369 4 THE dollar yesterday pared an Initial gain against the mark and the Swiss franc In active nervous two-way trading. It traded around 2.0318/28 marks, off Its early 2.0360/75 and below Friday's indicated close of around 2.0480/0520. Against the Swiss franc it was quoted at 1.8230/50, down from an initial
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      • 169 4 THE rate of the US dollar's fall gathered pace yesterday towards the close as orders to liquidate the US unit on early European account extended morning losses against major currencies. Overall volume was substantial but with a lull In trading through midsession remaining uncertainties about how rapidly the US
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      • 188 4 THE dollar for overnight delivery closed at 238.30 yen, down from a 239.00 opening but up from 238.01 at Friday's close after small Bank of Japan Intervention. The central bank was estimated to have bought between $20 and $30 million to check a further fall. Trading was moderate with
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      • 345 4 DEALERS reported a quiet start to Eurobond trading in London yester- straight bond* showed little material change with small professional interest noted Mark bonds held basically steady US convertibles wen largely untested but Britishconvertibles fell by up to one point, dealers added. J fl*neae convertibles were marked "PJ" In*
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  • Page 4 Advertisements
    • 222 4 S3* «*> 3f K> fer4 M 9 i I r'V 1 R I 1 1 m wm l/A :?»i s Y.m m« m m m I psm W S ccO^ /vN :> *A T 9> A well-read person Is a well informed person. That's why he can always talk colleagues
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  • TRANSPORT
    • 1055 5 This is the first of a two-part article by TERESA LIM on the continuing glut in tanker capacity. THE tanker crisis, which precipitated the world shipping slump is unlikely to be resolved In the foreseeable future. The tanker surplus is estimated at 152 million
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    • 134 5 THE Port of Singapore Authority has assigned a separate berth to NedlloydEAC Agencies to handle vessels for Nedlloyd Lines. The berth will officially become a Nedlloyddeslgnated operation area when the assignment agreement takes effect tomorrow. The agreement was signed at the PSA Conference Hall last
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    • Article, Illustration
      435 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bucurestl (0600 after Aegis Blaze must unberth 0530/3 rd St Reberth on 3rd/p.m.) 47 Fernandoeverett (0700) Oelra (1900 after Gloria Peak) 38/39 Krltl Pearl (SVSA Maiden Voyage) (1600 after Loon Mau Estelle Maersk) 35/36 Lenlnogorsk (0700 after State Of West Bengal) 18
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    • 450 5 FRANCE'S new CIO million (Ss4s million) N5OO hovercraft, the biggest in the world, has run Into mechanical problems and will not be ready for crossChannel services next month as planned. The hovercraft Ingenleur Jean Bertain Is at the moment sitting on shore at Boulogne
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    • 141 5 AFP JAPAN Airlines, the nation's flag carrier, plans to cut trans Pacific fares by 35 per cent. Fares under JAL's new plan, similar to the "apex" fares now offered on transAtlantic routes, will be 96,590 yen (*****) compared with the present 148,600 yen. JAL
      AFP  -  141 words
    • 85 5 Reuter CARGO handling ceased on 1®- vessels In the port of Sydney yesterday morning when about 2.000 Waterside Workers Federation (WWF) members went on strike, a maritime services board spokesman said. Meanwhile, a union spokesman said the men walked off to protest the failure of employers to establish
      Reuter  -  85 words
    • 174 5 SUMA Line, based In Copenhagen, started operating to Singapore In 1974. It operates a semicon talner service fortnightly and hopes to operate a fully-containerised service In the near future. It serves the Far East/ North Continent (and UK) trade. Ports served In the Far East are Puaan, Kaohslung.
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    • 360 5 AP THE WORLD'S largest commercial aeroplane builder is campaigning for iU share of a US$75 billion (SSI74 billion) 10-year market with a variety of models and options. The Boeing Co. is presenting three new designs to airline companies. They include: The B-757,
      AP  -  360 words
    • 714 5 ARRIVALS Service Local Operator Number Time From CAL TMA PAA MAS MAS SIA MAS MAS MAS CI331 TL303B PA005 MH601 MH682 SQ101 MH621 MH607 MH671 0040 TPE/HKG/KUL 0215 BEY/DXB/BOM/ KUL 0220 SFO/HKG 0715 KUL 0810 KCH 0815 KUL 0835 PEN 0845 KUL 0945 PEN/KUL CAL GIA SIA
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  • Page 5 Advertisements
    • 139 5 SINGAPORE/WEST MALAYSIA/WEST AFRICA FREIGHT AGREEMENT (ANGOLA/ CAMEROUN RANGE) (NIGIRIA/SENEGAL RANGE) NOTICE TO SHIPPERS Swtwtl Frmfhr likium In view of the continuing mcreose in operotionol cost, Member Lines regret to odvise »hot it is necessary to announce o General Freight Increase of 13 4% effective I May 1978 Bunker surcharge will
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    • 22 5 Inspect New Trends Seek New Opportunities Find Fresh Solutions Hanover Fair 'TO Wednesday 19thThursday 27 th April "878 gm Aerospace April 26-May4/878
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  • 373 6 THE YEAR 1978 will long be remembered (or the changes It brought; and these are changes which time should prove were for the better. The budget Mr. Hon Sul Sen presented yesterday reflects a radical re-assessment of Singapore's position and the direction it must take
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  • 231 6 THE Asia-Pacific Council of American Chambers of Commerce (Apcac) made an admirable stand against protectionism In Its conference held In Singapore over the weekend. But it erred slightly in requesting developing Asian countries to try and convince the US to shelve any intention to
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  • 1154 6 BUDGET®! PERSPECTIVE THE GOVERNMENT has streamlined the tax structure on dividend distributions out of offshore profits as part of Its attempt to further develop Singapore as a financial centre. The announcement that the 10 per cent tax on Asian currency units (ACU) offshore profits
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  • 793 6 Budget report* and analysis by Toh Thian Ser. Soh Tiang Keng, John Tan, Colin Chee, Ronnie Lim, and Siva Arasu SINGAPORE'S budget for the coming fiscal year has once again been a balanced one. Revenue Is expected to grow faster than expenditure and current income will
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  • 351 6 PROM PAGE ONE while the large multinationals will continue to be very welcome here, attention will be given to attracting the mediumsized Industries to broaden and deepen the Industrial base. To attract foreign Investment, Mr. Hon proposed a new type of tax concession for Singapore, an investment
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  • Page 6 Advertisements
    • 726 6 1 7 v sinoapura FORUM jj HOTEL I*l Hll MlMi^ SBS Orchard Road, S'pore Tsl: *****1 Pebble Bar Come and be enchanted by the repertoire of the dynamic duo Adam and Ben (appearing for a short season only). Daily (except Sunday) open till 2 am the Pebble Bar. Coffee Shop
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  • Page 6 Miscellaneous
    • 56 6 WEATHER outlook for Singapore from 6 a.m. to noon today: Isolated showers around mid-day REPORT tor 24 hoars prior to 7JO pm on Fob 27 at the airport. Maximum Temperature i*r Aoooeiotod Humidity .70 AeoocUtod Humidity Hour* of Suaahiae Rainfall in Millimetre i.'. Total Raiafrll tor the Moath 77 Total
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    • 235 6 SINGAPORE 5 3.00 PM Opening announcements followed by What's My Line 3.25 Diary Of Events (English) 3.30 The Mayan Connection 4.20 Intermission 6.05 Opening announcements followed by The Road Runner Show 6.30 News in Brief 6.35 Big John, Little John 7.05 The Phil Silvers Show Bilko At Bay (Repeat) 7.30
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  • 529 7 SINGAPORE'S personal tax structure will undergo a major overhaul. Whereas moderation and restraint have been the rule in the K., the Finance Minister re-cast the structure of Krsonal taxes to ensure »t the debilitating effects of Inflation are removed aod to ensure that excellence in individual performance
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  • 863 7 WITH the world economy not expected to Improve In 1978, Singaporeans must be prepared to meet the challenges of what may turn out to be a difficult year, stated Finance Minister Mr. Hon Sul Sen In Parliament yesterday. World economic recovery which began In late-1976
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  • 916 7 BUDGET ESS PERSPECTIVE SINGAPORE Is expanding and revising Its list of incentives to attract more Investments and encourage Industrial expansion. The main thrust of the Government's drive will be directed at the promotion of industries making products that are less sensitive to the
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  • 880 7 SINGAPOREANS, while looking forward to a better year with more cash to spend In their pockets, as a result of reduced income tax, especially for those In the lower and middle income groups, will, however, have to bear with some Increases In
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  • Page 7 Advertisements
    • 392 7 macco Q[< SINGAPORE Tanglin Circus, S'pore 10. Tel: *****1 HOTEL The Coffee Shop Bright and bustling, 24 hours a day, with the best patisserie in town. Car valets in attendance HOTEL ROYAL-RAMADA Newton Road, S'pore 11. Tel: *****1 We've got it all together Golden Mikado Cantonese Cuisine prepared with Just
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  • Page 7 Miscellaneous
    • 48 7 UErs see ,nou) vve HFO TWO ojPS OF TtR tN TMC. TypJUG <bOL cups \H PINOTvAeR CUP \M COKTWOL. <ii/ *5^ W PMO f\NOTV4OP vn P»CCCUNTS. Tv4S »S chrrljc OF Tue noPiCHt^ Jjcjgro^ (xv\ on «n>( u*w..p p> uttle or lowprr vou fp»ncv Does Npo good. 1 i
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  • INTERNATIONAL STOCK MARKETS
    • 1001 8 NYT. NEW YORK: Is the fall in the dollar the critical factor in explaining the drop In the United States stock market during the past year, despite this country's having achieved the Wrongest economic recovery and rise in profits among the major in-' countries?
      NYT.  -  1,001 words
    • 849 8 Reuter *NEW YORK: The steep ■decline of the dollar In the ■JSast three months of 1977 depressed profits of many American compa- nles with extensive foreign operations and rekindled Xhe debate In financial clr"des about how such events ,*«hould be treated In profitloss statements. Just
      Reuter  -  849 words
    • 54 8 DALLAS: Northrop Inc said a minority Interest has been acquired by Atlantic Rlch-> field Co. It said Atlantic Richfield will make capital available to Northrop for research and development projects for solar energy collectors and systems, alternate energy sources and energy conservation. No other details of
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    • 536 8 NEW YORK: Despite some strong pockets of resistance, leading Wall Street brokers seen to be encountering far originally perceived in their efforts to increase the commission rates they charge bic clients. Since May 1, 1975 (when Congress abolished Axed commission rates and ordered
      536 words
    • 560 8 Tokyo SHARES in Tokyo continued to advance due to talk of a possible reduction in the official discount rate to 3.S per cent (-0.75 per cent). In addition, the dollar stabilised in the foreign exchange market and caused investors to feel more bullish Export-oriented blue chips such as
      560 words
    • 833 8 NYT NEW YORK: A blue-jean price war that began in mid-1077 appears to have ended, even though prices generally have not come back to their former levels. Although Levi Strauss and Company won the war and Blue Bell Inc. lost, most analysts who follow
      NYT  -  833 words
    • 618 8 NYT NEW YORK: The steady climb in gold bullion prices Is putting renewed glitter in the performance of mutual funds that specialise In gold mining shares. Four of last year's top six performing mutual funds, as tracked by the Hlrsch Organisation Inc., In fact, are
      NYT  -  618 words
    • 252 8 Q ANT AS has placed orders for Its 10th and 17th Boeing *****, the Chairman, 81r Lenox Hewitt, announced. This brings to 51 the total number of Boeing aircraft purchased by the airline slnce'lts transition to jets in 1959. At the same time Qantas has announced the
      252 words
    • 254 8 THE market closed lower yesteariay. depressed by bearish economic and corporate news. The Sydney All-ordinaries Index fell 3.M points to 445.67. m IT Cent* 4VINDUSTUAL* A. C. I 1M uncb A N I 140 A P M 111 -I Ampoi PK B H P •7 518 unch Bank NSW
      254 words
    • 92 8 THE market closed mixed with commercial! averages yesterday, advancing slightly while minings and oils declined. Turnover tell to 1.95 million pesos from Friday's 4.77 million. FSB r Pen AcojeMlnlnc AUaaOon.A AUaj Con B. BafuloOoM BencuctOoo B 0064 13.00 1J.J0 0071 21.40 unch -0.1 •4.1 -0 0002 -•.4 BT Goodrich
      92 words
    • 369 8 Source: ON THE eve of the Hongkong Banks' results and following the excellent Hang Seng Bank announcement on rrlday, moderate interest was seen yesterday Inspired by the two-for-five bonus lams, Hang Seng Bank leapt HKM to fill In active trade while tu parent 00., the Turnover was the highest
      Source:  -  369 words
    • 135 8 FEB 27 Bants Asia Fibre 280 -9 Bangkok Bank 406 -> Bangkok In veil 412 ■4 Bangkok-Metro-politan Bank Bata 820 -9 Berll Jucker sit -8 CarpetIntnl Charoong Thai Wire 430 -10 Dumex DusltThanl 377 -9 Faber Merlin First Trust Oenera Finance Indo-Thal Industrial Finance Corp 301$ -30 J And
      135 words
    • 18 8 H.K. HANG SENG 414.74 ■HJKui* Week A»o «oeo ALL OBMNAim iS2f!* 446.67 446.96 Wert Ago 461.16
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  • Page 8 Advertisements
    • 31 8 The Love of ne ooking f/ \s_ ff y t i. -!J» t ±y Vv. /;*<* r >* t ■'j </. :"t M V,l *$>' ff i "•s&K»-%fc j* Ji Kenneth Lo fit i2M cm.
      31 words

  • INTERNATIONAL COMPANY NEWS
    • 420 9 ASIAN COMPANIES THE Securities and Exchange Commission of the Philippines (SEC) has postponed indefinitely the implementation of a policy which would have banned stock market trading in shares of companies by stockbrokers sitting as directors of officers or the same companies. The policy
      420 words
    • 102 9 Reuter TOKYO: Mitsubishi Motor Corp said It has sounded out Chrysler Corp on using Its US facilities to produce Mitsubishi vehicles. Mitsubishi wants to start making vehicles in the US when sales in the market exceed 20.000-units a month. This year's target is 12,500 a
      Reuter  -  102 words
    • 199 9 UPI TOKYO: Ford Motor Ca. of the United States plans to acquire share* of Toy* Kogyo Co. to use Japan's third largest automobile manufacturer as its major sales base ia Asia, Kyodo News Service reported yes tot day. Quoting industry sources, Kyodo said the
      UPI  -  199 words
    • 57 9 TOKYO: Tokyo Shlbaura Electric Co (Toshiba) and Bovlng Co of Britain nave won a US$2O million order from Ohana's Volta River authority to build four 40,000 kilowatt hydroelectric power generating plants, Toshiba said. Toshiba declined to disclose its share of the contract, but said It would produce the
      57 words
    • 28 9 TOKYO: JOC Corporation said it exchanged letters of intent with the Bahrain National Oil Company to bulkl a 17 billion yen gas treatment plant In Bahrain.
      28 words
    • 221 9 EUROPEAN COMPANIES Reuter FRANKFURT: Allgemelne Elektrlcltaets-Gese Use haft AEO-Telefunken said It expects an Improvement In Its operating mult in 1978 and a rise lnbuslness volume. In Its Interim report, AEG said economic uncertainties, especially involving foreign business, cloud the outlook for 1978. Earlier it said
      Reuter  -  221 words
    • 112 9 AMSTERDAM: .Rotterdam Bank NV announced bigger dividend payout In view of the higher earnings achieved in the year just past. The company is declaring a final dividend of 2.50 guilders (2.30) In cash or 1.30 in cash and 0.50 (0.40) nominal In shares from the share
      112 words
    • 87 9 LONDON: Despite a 2.1 per cent increase In sales to £407.1 million, pre-tax profit a* Reed International fell five per cent for the first quarter of the current year ending Sept 30, 1078. Pre-tax earnings for the October-December period came to £18.0 million against £10.0 million last
      87 words
    • 73 9 Reuter FRANKFURT: Kloeckner Industrie Anlagen OMBH, subsidiary of Kloeckner und Co, has received a letter of intent to bulkl an alumina refinery worth over US$4OO million in Blntan, Indonesia, a Kloeckner spokesman said. He said it is uncertain when the Indonesian government will place the contract. Kloeckner has
      Reuter  -  73 words
    • 137 9 NORTH AMERICAN COMPANIES Reuter DETROIT: Chrysler Corp said since Jan SO it borrowed about UB|lso million of Its 9790 million in revolving bank credit arrange menu to help cover extra costs caused by weather related production problems. A company spokesman said 9100 million was drawn on
      Reuter  -  137 words
    • 91 9 NEW YORK: Sony Corp of America said it is forming three independent marketing companies, effective on March 1. The company said Sony consumer products will market Trinitron colour television sets, Betamax home video recorders, radios, compact steros and cassette recorders. Sony video products will market industrial
      91 words
    • 24 9 PITTBBURQ: H.J. Helnx Co said It signed an agreement In principal to acquire Food ways National Inc for about U8450 million cash.
      24 words
    • 704 9 NYT NEW YORK: The New York Stock Exchange suspended trading in the common stock of Columbia Pictures industries on Friday to give investors an opportunity to assess the impact of an article in the New York Times magazine on Sunday that contends the film
      NYT  -  704 words
    • 303 9 MR. William A. Lifters, who was hosed is the Far East for over four yoars and who has travailed widely throughout the region, has been elected vice chairman of Ameriean Cyanamid Company. In a major realignment ef top management, American Cyanamid has dissolved its executive
      303 words
  • Page 9 Advertisements

  • 1120 10 BID and otter pricM officially Hated and burtntu In and npwUd to the Stock Exchange of mnonnw renter day with the number of shares traded shown In bradtfu In lota of 1,000 units unions otherwise specified. All Ttaie Settlement Contracts are.quoted after the world "seat." Btg Board
    1,120 words
  • 133 10 4 3/4% 1/5/79 (250,000) (100.808 100.90S) 5 1/4% 15/19/79 (250.000) (101.258 101.508) 4 3/4% 15/9/89 (250.000) (99.708 99.855) 3/4% 1/12/80 (250,000) (103.70B) 5% T F 15/4/81 (250,000) (101.60B) 5% T F 15/10/81 (250,000) (101.55B) 5% T F 1/5/83 (250.000) (100.108 100 20S) 5 V 4% T F IWBI-84
    133 words
  • 149 10 SINGAPORE UNIT THL 8T (Nntfn 1 prim tar Fab 28) INCO ME BOND UNIT The Commerce 1.17 1.11 INCOME BOND in 1.18 1 The 3»»lnf Fund 8 "pore Prof Fund 1.08 1.15 0.84 on MARA BUMIPUTRA FUNI S pore Security Fund l.W 1.75 1.02 1.08 First Bumlputrm >
    149 words
  • 1457 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown In brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS A*ma fl-STB 1.598) (2) 1.58. AJtoMwt* (2.10B). Alaam (2.818 2.MS).
    1,457 words
  • 736 10 NYT THE US Senate Banking Committee has for the first time uncovered an Internal Textron Inc. memorandum that casts doubt on the testimony to Senate investigators of at least one highly placed official of Bell Helicopter, a Textron subsidiary. The committee's sixweek Investigation has
    NYT  -  736 words
  • 150 10 STHIKINO prices of the stock options officially listed on the Stock Exchange of Singapore, the periods, bid and offer prices and business done yesterday, with the number of options traded shown In brackets. i Cold Storage (March SI 70) (0 22B 0 2SS). (June SI.70) (0 25B 0
    150 words
  • 2371 10 im/im High Low Company Last Sale ♦orGr'i Div DK C*T Gr'» Yld Net P/E Vol COM) Day High Low 8ECTION ONE INDUSTRIALS 158 266 119 280 88' 227 169 291 422 146 132 165 58 212 57* 155 144 182 350 91 Acma Alcorn Allied Choc Bata
    2,371 words
  • Page 10 Advertisements
    • 121 10 o* c stuHv with Wblsev Hall OXFORD Institute of Administrative Management Institute of Bankers Inst of Chartered Secretaries Administrators Inst of Statistic ans London Chamber of Commerce 8< Industry HSC GCE A Level MCE SCGCE 0 Level London AEB GCE A O Levels Modern Mathematics for Teachers Foulks Lynch IX)NDON
      121 words

  • 763 11 SINGAPORE QUIET trading rated in •lightly easier conditions on the Singapore Stock Exchange yesterday. Aggregate turnover wae a low 1.53 million unite valued nt 12.39 million compared with last Friday's volume of I.fl million units worth 12.48 million. Among the counters traded
    763 words
  • 493 11 IT WAS a poor day for the Kuala Lumpur 3tock market yesterday, with share prices moving lower across a wide front. Despite a brief attempt at steadying In the opening stages, the market failed to derive sufficient followthrough. Thereafter, sellers emerged onto the
    493 words
  • 78 11 THE Kuala Lumpur Btock Exchange gallery was closed to the public yesterday. It will be closed for an Indefinite period while a renovation scheme Is considered. Business Times understands that this Is necessary because of the KLSE's plan to reslte brokers' reporters from the trading floor of
    78 words
  • COMPANY NEWS
    • 1153 11  -  »r MANO SABNANI AN anticipated slowdown In logging activities In Malaysia and the continuing sluggish state of the private construction Industry In Singapore will have the combined effect of restraining growth at Tractors Malaysia in the current financial year. International brokers, James Capet and Company, In
      1,153 words
    • 489 11 SOUTH-EAST Asia Development Corporation (Seacorp) has taken over full control of Singapore Unit Trusts (SUT) from Its erstwhile partner, Singapore International Merchant Bankers (SIMBL). In a statement released by Seacorp yesterday, the directors say the company has bought back the 49 per cent In
      489 words
    • 75 11 THE stockbroklng firm of Associated Asian Securities has retrenched 17 of Its staff. Of these, six were from the trading room side and the rest were administrative clerks. This brings to three the number of stockbroklng firms that have reduced their staff. The first was Lim
      75 words
    • 325 11 THE losses accumulated In the last three lean years appear unlikely to abate for Synthetic Resins in Its current year to June 30, as its pathetic interim results indicate. Far from making any improvement, Its position continues to deteriorate, with pre-tax profits for Its
      325 words
    • 172 11 AyirSBr T«BU|ta( M. Bukkv T»ycini Ihm v Omrt 3*(b) so* n) 19* 17.9* 10*(b) •HI 15*(n) aoScSI Ea DMs Dais payable Jan 30 Feb M FebS Feb» Jan 27 Marl Feb 14 MarS Feb 14 MarS Feb 15 Mar 10 Fib XI Marl* MarS Mar SI MarS Mar
      172 words
    • 729 11 &ENTOSA Plywood's problems of financing Its recent huge acquisition of shares In Faber Merlin have been exacerbated by a slowdown in trading performance In the second half of Its last financial y.r. underlining the need for the large rights Issues announced Just over a week
      729 words
  • Page 11 Advertisements
    • 326 11 Slow boat from China CHINA TRADE QUARTERLY Far East Publications OJ 1913, Manglung Cantra. Patanon Streat, Cauiaway Bay, Hong Kong. I lPlaata an tar my full <üb«cription to CMna Trada Quartarty. lam andoting a chaqua/monay ordar for US$2OO.OO or aquivalant in othar cuiiancia>. I IPlaaw forward tMua(i)_ of CMna Trada
      326 words

  • IN PARLIAMENT YESTERDAY
    • 681 12  -  -a? COLIN CHEE THS GOVERNMENT is Still discussing with representatives of the various champers of commence and lndyptij and the Singapore Manufacturers* Assocla* tion the~form that the p£fi&6sed Trade Development Council (TDC) shotfra take. I*.reply to a question In Pattament by Mr. Hwang SQftJta,
      681 words
    • 162 12 MR. OOH Chok Tong, Senior Minister of State for Finance, said in Parliament yesterday that it Is premature to refer to SlA's Concorde service as shortlived or cancelled. "The issue of traffic rights falls outside the province of my ministry," he said, adding, "Concorde overflight
      162 words
  • 310 12  -  •y GOH ENG KEE THE Federation of Asean Shippers' Councils (FASC) adopted several major resolutions on general freight rate increases, standard approach to shipping inferences and coojueratlon with other '-$Mft>ers' councils and fpaited bodies at Its meeting Bangkok last week. describing the 10th exefctftlve committee and general
    310 words
  • 756 12 IiOMDON, Mon. Stock prices closed lower today, continuing week's easier trend, In slow trading, dealers said. At 3 p.m. the Financial Times Index was d6wn 4.2 at 440.0. .Market sentiment was also depressed by weekend press cwnment on the economic outlook for Britain and forecasts of tower North
    756 words
  • 629 12 NOBUHIKO USHIBA, Japan's Minister for External Economics Affairs, said yesterday the argument that Japanese imports to other countries create domestic unemployment is groundless. He ako said overdramatlslng will not solve the problem of' the European Economic Community's trade deficit with Japan. Speaking at
    629 words
  • 176 12 MALAYSIA will tin it. US$4OO million (***** million) Una agreement with syndicate manager* in Kuala Lumpur tomorrow. The loan, to mature in eight years, will carry a rate of par cent above the London interbank offered rata. Malaysia will hare the option of
    176 words
  • 260 12 Panama's Asian bond a first PANAMA is to float a US$25 million (about 5557.7 million) bond issue on the Asian doOpx market. The five-year Issue it the first by a foreign government in the Asian dollar bond market. Panama Is also the first borrower from the Americas to float a
    260 words
  • 46 12 SOUTH Korea plans to actively promote economic ties with Asean by participating in various development projects, It was officially reported yesterday. Seoul plans to encourage Korean firms to take part in construction works and other services while pushing for lolnt ventures*
    46 words
  • Page 12 Advertisements
    • 397 12 A unique opportunity for international businessmen to discuss trilateral co-operation 1 r Asean-West Asia Investment Conference r i ,940 March 1978 The Asean-West Asia Investment Conference will be of special interest to Industrialists, bankers, investment specialists, entrepreneurs, senior executives and government officials from Asia and the Middle East It will
      397 words

  • 4875 13 SCHEDULE A guide to ships loading at Singapore for Ports around the World The following list tabulates, by port of destination the name of the ship, the shipping line Involved, and the estimated dates of arrival and departure from Singapore port. RmMtirL a joint ssrvfee ■itiumiil with MISC.
    4,875 words
  • 590 13 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Ahli Shipping Sharjah Alpac Line Intrasea Algerian National Line (CNAN) Unlpacific Anhslng Line Strongwlll Angkutan Pertain bagan Eastern Way Angkutan P. (Cont. Service) Strait# Shipping APL (American President Lines)
    590 words
  • Page 13 Advertisements

  • Page 14 Advertisements
    • 630 14 SHIPPING Hapag-Lloyd FULLY CONTAINERISED TO EUROPE EXPRESS CONVENTIONAL TO EUROPE r»M turn P" Rieee R'i«a»«ißd»i HjtaU, 6/3 20/3 5/4 1/4 30/3' 12/3 29/3 11/4 16/4 6 4 9/4 'm 111 17/3 19/3 23/3 25/4 23/4 20/4 11/4 Strife htM 11/3 13/3 —11.1 4/4 18/4 16 '4 13/4 n-- 20/3 6/4
      630 words
    • 815 14 [a SANKYO LINEI AUSTRALIA SERVICE THREE STAR 4/7 Mar 2/3 Mar SEABLOOM 17/19 Mar 15/ It Mar KYOSEIMARU 31/31 Mar 1/2 Apr MAY SKY JO/31 Mar 1/2 KYOTEN MARU 14/15 Apr 10/17 Apr Loading for. Ft£M, ADEL. MEL. SYD MHS.SVD FKM.MXL.MCI MHS.SYD ADEL, MEL, SYO BANGLADESH SERVICE A VESSEL 22/23
      815 words
    • 767 14 n -LANCr MID-EAST SERVICE 40TH FLOOR HONG LEONG BLOG 16, RAFFLES QUAY SINGSPO* 1 Customer Semicr Boot.nj *****22 Terminal ?5702b3 ***** REGULAR RORO BERVIC Go one better to the Middle East PRIORITY BERTHING I DISCHARGE AT MX PORTS SEASPEEO STAR SEASPEEO SEASPEEO SEASPEEO AMERICA TARANGER ASM ASIA ARABIA VOT II
      767 words
    • 531 14 Everett Lines Bum* Fivt Star Skippiaf Corf*. "BURMESE NATIONAL LINE' BFSSC Agents m M«»W TEPS MALAYSIA Port Keiaog Tel (381 7366 PenangTet *****/675® T lirT» Mrwl"i>S. A. C.I. F. K Mr; "ARGENTINE NATIONAL LINE" IOAOtNC FOt DURMN CVfTOW RUENOS AIRES PAIAfiOMA AKUTINA F>AHa"« Mar 24/27 2»/2» Dm CtJ Transportation MaritimaMaxicana
      531 words
    • 634 14 \\\Ul!// JARDINE ANTAI 1 m Orient Overseas Go*dcu*te/i Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) S'part f Mm| Satan li«m M'kwt Ml vessels call Bremertiaven after Mambu'j FULLY CONTAINERISED SERVICE FROM EUROPE (VIA SUEZ) f. MM| S port H Konj Kaohvunf Osaka Totjro lONS CONTAINERH 9/3 10/3 U/3 12/3
      634 words

  • Page 15 Advertisements
    • 812 15 CiCL Overseas Containers Limited ma i«» 12 MM uMM I Mr soma FUN H/CMTWUT: .MM UM MM MM MM 21 Frt 2»« Hit t«.iM Sulci SIMI Sl>IH 4 Mar T K KB. E JSS SM MM MM «MMI 4 NK 215 U M B1 Mm 21 MM 22 MM rtK,
      812 words
    • 1274 15 Ben Ocean A jantservxx of Ben Line Btue FUnnel ClenUne and NSMO TI OR/CONTINENT (MO M 4M Sappari P. Relent fm«{ lirm PMTtSILAOI 1/ I Mar 11/11 Mar 11/U Mar I I* Amstrrta". HiMkv'l. Datlia, Lmrpool. scwuf o/to —f n/u m* t«r umm. loMo*, nml FATROCLRS 1/ Apr 1/11 Mr
      1,274 words
    • 756 15 u ilhl m* r»# I Mar (Mr M Mar 1 Mr I MM I Mr) II Mar 12 Mar 14 Mar I Mr I Mr I Mr 04 Mr) I Mr a Mar H Mar M Mr MM* H Mr (H Mr) 11 Mr II Mar K Mar KMrnMrnMrMMrUMr IfUIHI
      756 words
    • 574 15 Scan Dutch EXPRESS CONTAINER SERVICE VIA SUEZ WESTBOUND TO MED/UK/ CONTINENT/SCANDINAVIA Feeler T. (t>M| Vessel FIANUSCA teM MTUMIA (UANM4 4/ 1 MOT (KMMU 11/ I SfUMIA tUUI'I 11/ I HM FUKISCA a/ I HI KJMM Spore J) Uuillrt 8 Utm JJ Mori Cburj 1/1 ii/i tv l n > >
      574 words
    • 627 15 GUTHRIE BOUSTEAD SS thk bank limb ltd. UMS FN L 11. AFRICA MIKMM Matke, Mewitii* *ew.o«. llm. Tanp l*,n. Dwtwi. M, cepe.om) p«n»m p uiiq a/a 11/n m» fwm [ait a mbti uitu fm T**ifYT. FMTVMf ITU Pilar* p. MW| 4/1 1 0 Spore I/a A«r LTKES ORIKNT LUtST! t
      627 words

  • Page 16 Advertisements
    • 824 16 m "K" LINE KAWASAKI KKBN KAISHA LTD. nur mtumusa samcE n iwmn cm aa S'pori P. Kclar.( L Havre HTwrg Brran if (to CKVALIER Wfl 7* 4 Mar S Mar 22 Mar 21 Mar 27 Mar 21 Mi kCFTMC PEAR. NT 9 Mar 11 Mar M Mar 1 Apr 2
      824 words
    • 1141 16 E.C. -1J JL/ATUUme/tOLF SERVICE ucEFrat Rt/ia CMtuotnanK p. auK. imtm Mr-- Mmu. w* mi, ialtimmc new mums miiiin uintTM MM mil MU ptm. 1 l«P9« Mm him MAPNYA NIMSI" (liUl oatyi 1/11 Mar E. C./GREAT LAKES SERVICE lart.Of Hr: NMFOLI, NEW TIM. MONTIS Al. Till NT 9, UITUIU, KTMIT. CNICAM
      1,141 words
    • 1065 16 NEPTUNE ORIENT LINES LTD •FULLY CONTAINERISED SERVICES: to wart pu aur rm P. KctHf cnevalier nm i neptome kam. 1 m* mekaioo n Mar MHCXMC COHTAIMII MW oriental caiif 1 Apr SOU SUS OOIOSE IS Apr oriental researcher a Isr cumin nuk a tc ROa S p*t CI«M( TatS: *U
      1,065 words
    • 794 16 kULAYSIAN m/T&NATtONAI SHAPING CO*POAADOV Bf*HAO m> n. aim EXPRESS FULLY CONTAINERISED SERVICE TC/FROM M ED/CONTINENT/SCANDINAVIA ■IST MM FNMr "P. Arlaaj Vroal S port 1) Muillet 2) Mm 1) Mtorf 4)>b.r| 'ImKji Inn tup Mr Mm »u I>m. UIT MMS c c-wt a ••"wi« s> u r m«i rparc ImM MM
      794 words
    • 587 16 INTRASEA (PTE) LTO f ibe< Houst- 0--*i,rn .mo Smear 't VINORASIAUNE ■mn OEOtLAO IMEPfMENT U—l T| EMff S ngaptre P Kelang Lbbß tf tar < M.V. FINII 23 Mar II Mar An twerp/Rotterdam/ i Hamburg Anati %inmn intrasu rro m.-mnu-miiw-mMs?, luti lmpv no SMPrrac t trarun mm, mm Kansai Line
      587 words