The Business Times, 7 April 1979

Microfilm: NL10129
Total Pages: 16
1 16 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 141/1/71 SATURDAY, APRIL 1, in SOCENTS
    10 words
  • BRIEFLY...
    • Article
      Lock icon Indonesia gets loan
      96 1 AFP JAKARTA, Fri. The Indonesian Government today expressed relief over the decision by its creditor countries to provide a massive Wn amounting to US$2.7 billion (about Sss.B billion) to help finance the first year of its third five-year development plan until next March. Deputy chairman of the
      AFP  -  96 words
    • Article
      Lock icon China says 'yes'
      50 1 UPI BEIJING, Fri. China today officially accepted Vietnam's invitation to attend peace talks in Hanoi, the Chinese Foreign Ministry said. Beijing's note to the Vietnamese Foreign Ministry said "if the Vietnamese side creates no further complications," the Chinese Government delegation will arrive in Hanoi on April 14."
      UPI  -  50 words
    • Article
      Lock icon Protests flare
      54 1 Reuter ISLAMABAD, Fri. Violent protests in Pakistan against the execution of former Premier Zulfikar All Bhutto flared again in cities across the country today, but large numbers of riot police appeared to have the situation under control. One pro-Bhutto supporter committed suicide by hanging himself at Thatta, 128
      Reuter  -  54 words
    • Article
      PSA keeps tab
      82 1 THE PSA says it is monitoring the oil pollution situation arising from the collision on Thursday morning of the American carrier USS Ranger and the Liberian tanker MV Fortune. No oil slicks were found to the West of Horsburgh Lighthouse, in the vicinity of the collision but
      82 words
    • Article
      Lock icon Seek ITC views call
      63 1 AFP KUALA LUMPUR, Fri. Malaysia today urged the United States to consult the Internationa] Tin Council (ITC) before proceeding with the disposal of 30,000 tonnes of tin from its stockpile to avoid disrupting prices. In a statement, Primary Industries Paul Leong said that as a member
      AFP  -  63 words
    • Article
      Lock icon US jobless
      80 1 AP WASHINGTON, Fri. Unemployment rate in the United States remained at a 4Vi-year low of 5.7 per cent in March, while the number of persons who have abandoned the search for jobs fell to the lowest level since 1974, the Labour Department said. The department said there were
      AP  -  80 words
    • Article
      Lock icon Dow Jones
      69 1 AP NEW YORK, Fri. The stock market was mixed in early trading today as traders study President Carter's energy proposals. Gainers took a 5 to 3 lead over losers in the initial tally of New York Stock Exchange-listed issues. The Dow Jones «verage of 30 industrials, which closed
      AP  -  69 words
  • Chief Price Changes
    • Article
      SINGAPORE
      122 1 Rises Most Active Malayan Tin 1470 70 UOB 464,000 Seicorp 950 30 VOL 391,000 224.000 200,000 Boustead SEAL FAN 316 200 575 19 18 15 City Dev F Merlin UAC 404 14 Total Turnover: 6.71m M Glaaa 202 12 Total Value: $14.72m Dutch Baby 192 12 Public Bank DufT
      122 words
    • Article, Illustration
      KUALA LUMPUR
      147 1 Rises Most Active SgBcri 960 +50 G Lumber 335,000 Parit Pk Castlefieid 820 1 1380 +40 +40 S Darby Tganu Dev 235,000 200,000 SEA Corp 960 +29 Pahang Cons 197,000 Boustcftu 316 +18 Total Turnover: 4.92m is^nT un n c JII MCtainers 305 +14 +13 Total Value: M|U.75m
      147 words
  • Article
    Marginal boost for contractors
    797 1  -  OVERSEA HEAVYWEIGHTS WIN By QUEK PECK LIM Financial Correspondent A FTVE-per cent preferential margin on government contracts is unlikely to boost the competitiveness of local contractors This scheme, outlined by Mr Goh Cfcok Tong, the Minister for Trade and in last month's budget speech, is intended
    797 words
  • Article
    Esso profits up three-fold
    210 1 A STREAM of good corporate results provided incentive for investors to buy shares at the Stock Exchange of Singapore yesterday. The latest company to announce an excellent set of results for 1978 was Esso Malaysia Bhd which reported after-tax profits of M 523.1 million, a near
    210 words
  • Article
    London talks on US$85m refinery loan
    351 1  -  •y RONNIE LIM NEGOTIATIONS are on in London for US$B million (over S$LK> million) to finance the expansion of the Pulau lierHmau refinery. Three oil companies have formed a consortium for this project Singapore Petroleum Company, British Petroleum and Galtez. According to sources yesterday,
    351 words
  • Article
    RUBBER PRICES CLOSE HIGHER
    171 1 THE LOCAL and Malaysian rubber markets continued to firm on strong demand yesterday as speculative pressures pMfced prices to new highs. April rubber In Singapore gained dose to five cents to close at 275.75 cents per Idlo and at one stage almost breached the 280-cent per
    171 words
  • Article
    Lock icon Sterling jumps
    87 1 Reuter THE POUND sterling yesterday rose to its highest value since last October and some denier* forecast that it would soon be worth USJ2.ID (SHQ) on world foreign exchange markets. In hectic and heavy dealings in Europe, it went to $2,000 at one stage before slipping back somewhat
    Reuter  -  87 words
  • Article
    HK Land plans to set up office here in June
    132 1 HONGKONG'S largest property MMH, H«i|toagLaai to ■■Man urinl Jim Saanes ssM Ht HL*i ptoas tar a gnml At MTV li a mnDuj •< He Naptu'i Um* li iilerteklii k«U! pnjsrt M weH M «(tor ccs£2nz Jakarta!"MtTtkc' PhtuV ptoas, will ktTt
    132 words
  • Article
    Lock icon China puts to rest fears in Hongkong
    482 1 UPI HONGKONG Governor Sta* Murray Mart ehnae said yesterday Chinese Vice Premier Deng Xiaoping assured Mm investors can "pat their hearts at eaae" over Beijing's intentions toward the Colony. Sir Murray told a news conference two days after his return from a 10-day
    UPI  -  482 words
  • Page 1 Advertisements
Page thumbnail Page 2
  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      411 2 COURSES AND TAUU Feb 5-Apr 14: Diploma in Life Insurance, SITC, STTC March-July: Personnel Management Concept Scope and Functions, Holiday Inn, Personnel and Organisation Development April 1-30: Industrial labour organisation (residential course), RELC, Industrial Labour Organisation of S'pore April 2-27: Business management module n, RELC, NPB April 9-10:
      411 words
    • Article
      Palengkeng Filipino opens today
      118 2 A PROGRAMME of nan, food and ihnrw typical of a "palengke" (flea market) put on together with a sale of Filipino handicrafts win make up Palengkeng Filipino, a week-long mini food fair and flea market. Organised by the Philippine Ministry of Tourism, the Mrrtfwf Association and
      118 words
    • Article, Illustration
      FUN FAIR OF FAIR GOODS
      118 2 A HNWAIB wffl be haU View Betel reipeit mtrngrnj'SmS^ mmm Tke riM* wffl ilepteyj |i l| s jt^htehjra tej tkb'tehr'te"hS m taJtejrflThe a degree serves. Seaal «aw» thmgh a ria-ekaa-aai eealhri with Ike wfflJM ißßtiewtee'aaa'he pacta* hsjnte aai ast ap la Ml ap, Ik* ri
      118 words
    • Article
      Scope for raising productivity of Singapore firms
      430 2 PRODUCTIVITY In the average Singapore factory or office has yet to reach the level achieved by enterprises in advanced economies like Japan and the United States. Mr Kenneth Mok, deputy director (productivity services) of the National Trade Union Congress, was speaking at the
      430 words
    • Article, Illustration
      A BAD WORKMAN HAS NO QUARREL WITH IT
      172 2 "SOFT-CUT 2002," a new handsaw designed to make the work of inexperienced craftmen easy, is a product from August Krumm of the Federal Republic of Germany. Visitors to the Cologne's International Hardware Exhibition were astounded when the work of cutting through pine
      172 words
    • Article
      Views on Co-op Bill sought
      126 2 WRITTEN representations on the Cooperative Societies Bill are invited from the public lor the consideration of the Select Committee. These may be submitted in Malay, Chinese, Tamil or gnfltiah and addressed to the Oerk of Parliament, Parliament House, Singapore I Tte closing dale is April
      126 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      254 2 HILTON International Singapore has promoted Mrs nana Tan to training manager, a newty-created Cost, to coordinate the otel's training programmes. Mrs Yeo, a Singaporean, Joined Hilton in 1970 in the accounts department. In 1572 rite was transferred to peisuuuei and was promoted assistant personnel and training manager.
      254 words
    • Article
      Local associates for gold exchange
      475 2 THE DOOR is now open to hanks and their nominee or trust companies, stockbrokers, and other institutions to become associate members of the Gold Exchange of Singapore, with the possiblity of full membership later. With this new class of membership, corporations carrying on business in
      475 words
    • Article
      Natural increase of 2,226 people in Jan
      205 2 SINGAPORE'S population reached as at the end of January this year. This shows a natural increase of 2,226 people over the end-1978 figure. According to the Singapore demographic bulletin, this increase is less than that for the last two months of 1978. In
      205 words
    • Article
      Hearing is put off
      96 2 HEARING on a petition to admit Mr Ifirhael Hutchinson, QC, to the Bar was deta icd for two vwii by the Mgh Court yegterday following a requeit by the Law Society to be given time to study the petition. Mr Hutchinson was to appear in a
      96 words
    • Article
      Wind-up
      40 2 REALITY International Enterprise (Pie) Lid, of Chu Lin Road, a construction company, was yesterday ordaed to be wound up by the High Court following Its faOare to repay SUM to Its cheat Skn Han Hunt (Heavy Equipment) Pie Ltd.
      40 words
    • Article, Illustration
      Transpec eyes joint venture transport facilities
      425 2 T RAN SPEC' S( Australia) appointment of a general manager for the Asia/Pacific region last month may result in the setting up of special transport facilities in Singapore in the form of a Joint venture between Transpec and its major European principals. Mr Charles
      425 words
    • Article
      SIA may sell stake in Tradewinds
      124 2 SINGAPORE Alrtines (SIA) has opened negotiation which may culminate in the sale of its 40 per cent stake in the &taoom Tradewlnd* Hotel in Manila. Informal dismissions have been held by alrliae executives with Mr RMBhatia, Oberoi Hotel's vice president for South-east Asia. The
      124 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      611 2 THE GOVERNMENT OF MALAYStt CONSTRUCTION OF BINTULU DEEPWATER PORT CONTRACT NO. 4 BREAKWATERS AND WHARVES (International Contract) J NOTICE OF PREQUAUFICAHON OF TENDERERS The Government of Malaysia hereby invites suitably qualified and experienced contractors for prequalification for Contract No. 4 Breakwaters and Wharves, which forms part of the several contracts
      611 words
    • Advertisement
      Page 2 Advertisements Column 2
      0 2
      0 words
Page thumbnail Page 3
  • REGIONAL
    • Article
      Lock icon Indonesia to tighten controls on Repelita
      411 3 AFP THE INDONESIAN government will step up control on the implementation of the current third Five-year Development Plan (Repelita), according to State Minister for Administrative Refrains Dr J B Sumarlin. President Suharto yesterday discussed with Dr Sumarlin the control of state administration, particularly with
      AFP  -  411 words
    • Article
      Lock icon Chinese ship in US port after 30 years
      406 3 AP UPI THE FIRST ship flying the Chinese flag to visit the United States in 30 years will dock in Seattle on Tuesday. After ceremonies to be attended by Chinese and US government dignitaries, the ship, the Liu Lin Hai, will take
      AP; UPI  -  406 words
    • Article, Illustration
      Lock icon SIGNING-OFF VISIT
      76 3 UPI LAOTIAN Prime Milliter K»yme Phemvlhaae (Ml) aad Thai Prime Miiteter Krlaagsak Cfc—■ signing a jatart c« mm unique m Wednesday ea the last day e( a (ear-day visit to Thailand by the Laetlaa Premier. The twe eeaatries pledged to help wipe eat herder torrerleta, heth pre-aad aati-cemmuigt.
      UPI  -  76 words
    • Article
      Timber traders urge KL to lift export ban
      414 3 THE TIMBER Trade Federation of Malaysia (TTFM) has called for the lifting of the ban recently imposed on the export of sawn timber belonging to the sepetir, chengal and balau merah varieties. In a press release following the association's annual meeting held
      414 words
    • Article
      Lock icon Fuel rise hits taxi owners
      84 3 Reuter TAXI operators in Jakarta yesterday cut down their operations following the massive fuel price increases announced by their government. The chairman of the Indonesian Taxi Owners' Association, A R Izak, said the reduction was necessary to reduce further losses until the government agreed to
      Reuter  -  84 words
    • Article
      Lock icon Better year for Jakarta timber
      170 3 Reuter INDONESIA'S revenues from timber will increase to US$l.4 billion (S*3 billion) during the 1979/80 fiscal year from an estimated H billion earned in 1978/79. Forestry Director-general Soedjarwo told the Indonesian Timber Society foreign exchange earnings from timber is expected to double to $2 billion
      Reuter  -  170 words
    • Article
      Lock icon JAPAN SUSPECTS ANOTHER AIRCRAFT PAYOFF SCANDAL
      219 3 UPI THE possibility of another major scandal involving prominent Japanese politicians and American aircraft manufacturer* has surfaced in Tokyo with a probe into the activities of a prominent Japanese trading company. The latest investigation by Japanese prosecutors is reminiscent of the 1976 Lockheed payoff
      UPI  -  219 words
    • Article
      Lock icon Something's in the pot
      78 3 Reuter CHINA will «t up a Joint venture with a Japanese trading Arm to open a Chinese restaurant each in Tokyo and Osaka, western Japan, this year, it was announced yesterday. The trading firm, Tokyo Maruichi Shoji, said it reached agreement yesterday with the newly-estab-lished Beijing
      Reuter  -  78 words
    • Article
      Lock icon Ziaur to seal technical cooperation pact with KL
      267 3 AFP TWO agreements are expected to be signed between Bangladesh and Malayan during the two-day official visit to Kuala I 4impur by President Ziaur Rahman beginning next Tuesday The two agreements are on air services and technical cooperation The air services agreement
      AFP  -  267 words
    • Article, Illustration
      Philippines to borrow on world markets
      498 3  -  SEVERAL TRANCHES By COLIN CHEE THE Philippine Government is planning to borrow another US$45O million on international capital markets to finance development projects in the country. "We have had several offers to date but have yet to decide on who should get the mandates,"
      498 words
    • Article
      Lock icon Indonesian LNG won't wait on Americans
      301 3 AP INDONESIA will consider other potential customers for a supply of liquefied natural gas (LNG) if the United States delays a decision on the purchase beyond mid-year, the Indonesian Minister of Mines Energy Subroto said. "We expect that the United States government understands our
      AP  -  301 words
    • Article
      Lock icon Truckers tighten noose on NSW
      95 3 AP STRIKING truck drivers tightened their blockade on Australia's major cities on Friday, giving rise to food shortages and fears of violence. With their giant rigs immobilised across the roads, the drivers have virtually strangled the Australian highway network. Premier Neville Wran of New South
      AP  -  95 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      58 3 From fashion design. lO fUlllllUro* The universally renowned prestige of Pierre Created by the great French couturier these furniture take on a totally new expression They are Elegant Classic. Exclusive. They are the beginnings of a new life-style balancing pure tradition and innovation magically Pierre Balmain furniture share his personal
      58 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      492 3 I TWO-IS CRYPTIC PUZZLE ACROSS 4 The assassination here made all sad (6) 7 Assume command of the ferry? (4, 4) 8 How to utter praises of the noteworthy (2, 4) 10 Exceptional faker, maybe (5) 13 A fastener to cut (4) 14 Definite concern (4) 15 Female lags, possibly
      492 words
Page thumbnail Page 4
  • RAW MATERIALS
    • Article
      Lock icon NO HEADWAY AT ICO MEETING
      261 4 Reuter the WOUJy* csffee experts were straggttog to dad a farmaria tor stoWUs* tog prices that maid satisfy predacers The lateraatieaai Ceffee Orgaaisattoa (ICO) is attempttag to strike a balaaee betweea toe demaads sf toe twe sides. Bat toe ICCs exeeatlve bsard, which begaa a
      Reuter  -  261 words
    • Article
      Lock icon Copra shortage at Manila mills
      217 4 Reuter THE PHILIPPINES Coconut Authority said that the recent raising of the base price for export copra, on which customs duty is levied, is not responsible for the shortage of copra for domestic processing mills. Commenting on complaints from domestic processors, the authority's chairman, Rolando
      Reuter  -  217 words
    • Article
      Lock icon BACK TO WORK?
      104 4 Reuter THE PRESIDENT of the US-owned Southern Peru Copper Corporation, Frank Archibald, said that normal working had resumed at the country's two largest copper mines, which were hit by a two-week pay strike last month. But the miners union disputed this, saying that 50 per cent of
      Reuter  -  104 words
    • Article
      Lock icon MALDIVES WANTS TO BUY THAI RICE
      164 4 Reuter THE MALDIVES Islands are interested in buying 12,000 tonnes of Thai rice on a government-to-government basis, Thai Foreign Trade Department sources said. A Maldives Islands Trade Mission held negotiations with Thai officials at the Foreign Trade Department on Thursday. The sources said the
      Reuter  -  164 words
    • Article
      Lock icon LME to start nickel trading on April 23
      345 4 Reuter NICKEL trading will start on the London Metal Exchange on April 23, it was officially announced. The metal will be traded in six-tonne lots for forward (three months') delivery from that date. Prompt delivery transactions will start on July 23. With
      Reuter  -  345 words
    • Article
      KL tin output jumps in January
      237 4 THE number of tin mines and the production of tin in Peninsular Malaysia showed an increase in January as compared with the previous month. An extract from the Peninsular Malaysia Mining Industry showed that the production of tin-in-concen-trates rose by 522 tonnes to 7,091
      237 words
    • Article
      RUBBER
      223 4 OPENING prices In Singspore yesterday were marked op 1 JO cents refiectii* higher London advices. The market then advanced further following n wave of speculative buying and continued tor nears. New highs were recorded tor current during the ■>—I mi with April and May tourhing 280.00 and 275.00 cents,
      223 words
    • Article
      RAS PRICES
      292 4 R.A-8. price* In cento per kilo jMtonUf rv (par kflo) (par kilo) lot 1 Rii. prompt f.o.b >77JO Int 1 R.S.S. April 277JO Int. 1 R.5LS. Uaj ***** loLiim. m» UK/CM MJI taLSRJLS. MJI UK/Oat MJI tat 4RJJ. MJI UK/Oh* MjM taLSRJJ. MJI UK/CMI MJI 27U0N MJI 27U0
      292 words
    • Article
      SSR and SMR
      73 4 NOON aw RAM wdSMRpriwr A|>> ICvral Mtk) wjiii Mm MU) lum Mw 8V 8S5S3 *100 auo awooN M1.00N moo MUX) wtooN Jtt-OON MUU l by Mm flfrf cv (1-Ma HW SUM JTMON *7M0 STMON SMRCL usss: (1-Mb paUM) rut T77MN ruo rr aoN SMRGP Ml 23. UNO
      73 words
    • Article
      Rubber prices hit new peaks
      350 4 VOLATILE condtttQM marked trading In the week ended April 5, at new highs far current month One RSS were recorded and the ■quteic on nenrby positions continued imshsted, says HaUay, Ostler, Bath A Gs. in its weekly review of the Malaysian and Singapore rubber markets.
      350 words
    • Article
      Rice
      300 4 ON0APOBB: Yesterday's closing prices in SS per kilo, ex-godown: THAI WHITE: MfreMM dM (Kaagaroo) aaw crop MB. Ml pv caat Mai dm US, 18 pv Caat tfcM Clw imtpVCMl crap dock. B-M par coat 18 THAI BROKEN A-aapar LB. *acttii» THAI RKS: 8 par caat aa alack. CHINA UCK:
      300 words
    • Article
      Straits tin
      52 4 OB 8»AlfB Ha pries hi Peaaag jusiisdsj rsse '"wto ■arkri'es&teaetf to flm sa a stranger Lsajg dssfcg m pmnimj ttossghTHsTasd frssi jjiNpan, Bsjjaywjs weß as nteM? apprasktaalto ly days trsss M to a whiefc led to flrsMr ssatfThers was ahsat M to SI psr seal rattening to. toetod
      52 words
    • Article
      Closing prices
      30 4 Rubber April 6 Singapore: April; 278.76 cents (up 4.75 cents) Malaysia: May: 275.75 cents (np 4.50 cents) Tin: $1,950 (np $18) Official offering: 142 tonnes (down 35 tonnes)
      30 words
    • Article
      Hongkong Comex
      119 4 SUGAR futures trading yesterday continued the recent quiet trend with prices virtually unquoted on the bulk of the day, dealers said. There were no trades registered, the same as on Wednesday. Sugar (utnraa doalag prtcea: May BJB/41 137/40 July Ud/m 8.41/44 Sep BJB/80 121/ M Oct SJt/M BJI/84
      119 words
    • Article
      Soybean
      166 4 CHICAGO soybean futures closed lower with prices off 5V* US cents to half a cent a bushel on Thursday. Soybeans received some early support from the higher corn prices but local traders pushed prices lower until commission-house stops were touched off extending losses. Traders said President Carter's expected energy
      166 words
    • Article
      Wheat
      154 4 WHEAT futures in Chicago on Thursday closed higher with prices up IV* US cents to half a cent s bushel. Traders said the continued bearteb export news waa offset by the carryover of strength In the May option. They said the US House Agriculture Subcommittee vote to raise the
      154 words
    • Article
      Produce exchange
      324 4 COMMODITY prices held steady on the Singapore Chinese Produce Exchange yesterday. Pepper was unrhsnged and very dull trading conditions prevailed tn this sector, in particular white, reparted several packers. One resson was the lack of demand for this crop. On the whole, buyers were Maying fast to the
      324 words
    • Article
      Textiles
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (la HK dollar*, spot ex-godown) (Mm yam China Bine Pfcoentz 20a 2. <30; Sfc 2J05; 40s 3,180 (per bate at 400 Ha). Plaaa iiihi China Butterfly and Globe brand anq; Dragon Hand uaq; Five lamb* unq, Flower and
      193 words
    • Article
      Palm oil
      65 4 CXF. North European ports. In US dollars per ton otherwise stated. LONDON: Malaysian 5* Ma bulk per tonne Itan Piiihs June unch 662slr Sumatra 5% Ha bulk April flftslr flOOslr May 682 1 1 Sir MOalr June BTI'i sir C75slr July unch ffTOslr Nigeria 5% ffa bulk stg
      65 words
    • Article
      LONDON MARKETS
      926 4 Onwiiaiß: Brokers said vegetable oils and seeds markets were very quiet yesterday with prices generally easier reflecting the Chicago close. Dutch soybean od was marked down one to two guilders per 100 kilos but buyers remained reserved. Ooundnut oil declined about US& to $10 per tonne while sunfloweroil
      926 words
  • Page 4 Advertisements
Page thumbnail Page 5
  • OVERSEAS
    • Article
      DAILY AIRCRAFT MOVEMENTS
      728 5 ARRIVALS Serrke Local Operator Namber Time From SIA SQ913 0015 HKG SIA/BA SQ/BA17 0710 LHR/BAH MAS MH601 0700 KUL MAS MH682 0710 KCH SIA SQ101 0S15 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CAL CB06 1000 HLP CPA CX710 1005 HLP
      728 words
    • Article
      Lock icon Energy scheme to spur future oil exploration
      971 5 NYT EFFORTS to W"H new supplies of oil in the United States, which have been lagging lately, will probably be rejuvenated in the king run by President Carter's new energy plan. Industry spokesmen, observers and analysts on Thursday said this, but added that
      NYT  -  971 words
    • Article
      PLAN WILL TRIM GNP
      48 5 THE CABTEB cmrgy alaa ■aaiaarfl ywtotoy la eattauUed to radaee tke US graaa aattoaal pcWaet tetww 1.1 per eeat aai U per eeat, AMUn> Tke eaaaacr prlee U« wwM ke raM il per eeat la 1929 ky tke lalMaalU pereeat la I*6, tkey toreeaat
      48 words
    • Article, Illustration
      SHIPS IN PORT
      472 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Accress (0700 after Dong Min) 29/30 Barge C DC (1100 alongside Korean Prince) 6/7 3X«S <aftw Cedlie Maersk (0600 after Vishva Mohini) 47 Korean Prince (1830 hauls 33m, West after Elbhotf sails) 6/7 Kota Ria (0700 after Kota Cempaka) 10/11 Sargodha (after
      472 words
    • Article
      Lock icon Budget approved
      165 5 UFI THE US House of Representatives Budget Committee on Thursday approved a fiscal 1980 budget with a deficit of US$35 billion (Ss7 .6 billion), smaller than what President Carter proposed, and reversed itself to approve part of his aid programme for cities and other distressed areas. By a
      UFI  -  165 words
    • Article
      Lock icon London freight
      170 5 UPI CHARTERING again concentrated in the Western hemisphere but much of the hntlnf involved grain traffic to Japan on a singlevoyage basis (ran both US Gulf and Argentine outlets. Rates in both those key areas held very firm. Concession of U5516.75 (FIO) to a 30,000-toone Sanko vend working
      UPI  -  170 words
    • Article, Illustration
      Lock icon UNSETTLING WELCOME!
      63 5 ANGBY Jewtah settlers tram the Sni rtiHig *■< wavtag piftMrii wldle Prime MtaMer Mi—chem Begta was vWtiag Yamtt tai Israeli•eeuM SmTm TVareday. It to the wmt heetifity Mr Beghi haa caeeaatered Awe *nhm e< the peaee treaty with Egypt torael fti set eehedaied to withdraw (Mm the 9aal
      Source: UPI photo  -  63 words
    • Article
      Lock icon Leyland will not survive another strike
      459 5 Reuter BRITISH Leyland, the ailing UK car giant, predicted it would not survive in its present (arm if skilled car workers go ahead with strike plans. The warning, issued by one of Leyland's senior directors on Thursday, reinforced a plea from Industry Minister EMc
      Reuter  -  459 words
    • Article
      US sells computer to Tass on the quiet
      212 5 THE US government has quietly approved the sale of an American-made computer to the Soviet Union'* news agency, reversing a decision made by President Carter last July. Mr Ernest Lotito, a spokesman (or the US Commerce Department, confirmed on Thursday that the
      212 words
    • Article
      Bonn trade surplus
      76 5 WEST German provisional February current account surplus was 870 million deutschemark (SJ9SO million) after a 10 million mark deficit in January. The Bundesbank said the statistics are in line with the provisional 900 million mark surplus announced by the Federal Statistics Office on March 27. The February
      76 words
    • WORLD IN BRIEF
      • Article
        Lock icon DOUBLE T-ROUBLE
        460 5 Agencies I THE SO VICT Union's foreign trade deficit with the West and Japan doubled last year, totalling 2.3 billion roubles (SsB.6 billion), according to official figures Just published in Moscow. But the outline figures, issued In the weekly Economic Gasette, also showed that Russia is continuing to
        Agencies  -  460 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      124 5 CANADA "Queen Elizabeth Towers" Luxury Apartments GUARANTEED NET CASH INCOME 6% ON YOUR INVESTMENT FOR 5 YEARS Prices from $40,000 120,000 Canadian Funds Great opportunity to buy a trouble-free investment. For 5 years you will have nothing more to pay. We win rent your apartment, pay you 6% on your
      124 words
Page thumbnail Page 6
  • Article
    Making a mockery of productivity
    471 6 I THE effective management of manpower resources is going to be the most critical factor in the national economy in the coming years. What Mr Kenneth Mok has said about middle managers and supervisors has a direct bearing cm the question. His concern is that
    471 words
  • Article
    No room for the insular-minded
    317 6 AT LONG last. The assurance for which Hongkong residents have been waiting so eagerly come. Although Chinese Vice-Premier Deng Xiaoping has made no explicit statements about the future of Hongkong, his comments to Hongkong Governor Sir Murray are quite clear. They confirm what the residents
    317 words
  • Article, Illustration
    More than just a river to tame
    1231 6  -  By MANOLO JARA BY any yardstick, the cooperative endeavour to harness the potentials of the mighty Mekong River, one of the world's largest, should have failed at the outset. For one thing, the projects are being undertaken by countries that have vastly different
    1,231 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      190 6 APOLLO HOTEL Havelock Road, Singaore 3 Tel: *****1 AMBASSADOR HOTEL ***** Meyer Road, Singapore 15, Tel: *****11 CENTURY PARK SHERATON Nassim Hill, Singapore 10 Tel: *****7 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****66 COCKPIT HOTEL 6 7 Ox ley Rise, Singapore 9 Tel: *****1 GREAT EASTERN HOTEL 401
      190 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      45 6 ujgll I've. Do»e it PwOiGO »N *MD Sic*... told Twiera \'o B€&4 STRiCKfeN ujith 'FLU "On ly&i ddht BE-neve —TUey oont SRy SoiN P6 rryvsjy But you 7 CRN P^UJPfVSTtL4_. %*ey still TRLKJNG, F\bojt roe... o>> »w LWfWG i uxtm cold BUT ray v &u«N.*G
      45 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      575 6 Tv rmm Keyboard capers Ptrrutc taklag eeatre A SINGAPORE 5 3 1.00 PM Opening aid Sesame Street 2.05 Saturday Matinee name of Araby, starvinc Maureen OUara, Jeff Chamfer, Maxwel Reed and Lea Chancy 3.15 Animal World The Predators 3.35 Fhh It Shouldn't H*pon to a Doc 4.05 Gymnastic Festival 5.05
      575 words
Page thumbnail Page 7
  • Article
    Streaming policies will be crucial for new system
    1146 7 Former school-teacher ANDREW YEO continues his contribution to the education debate and suggests some measures that can be taken to make streaming effective. He finds the public objection to streaming hard to accept for it has been carried out under a different
    1,146 words
  • Article
    PLEASE, TAKE PITY ON THAT POOR MP
    910 7  -  By GOH ENG KEE IF I may borrow a sentiment, well worn after two weeks in Parliament, our sympathies today 'd&fnilil be with the Members of both young and not-afc-young. They return to the routine job at tackling the welfare problems d their
    910 words
  • Article
    STRAWS IN THE WIND
    390 7 SOMEBODY has done a bunk, it seems, with'a substantial amount of funds belonging to a local company. Although this particular bird seems to have flown outside the immediate grasp of the local law enforcement officers it is said that the recent visits of a prominent local
    390 words
  • Article
    NOT THE FIRST!
    91 7 (Letter to the Editor! Dear Sir, Your article of April 5 welcoming Air Niugini describes it as 'the first South Pacific carrier to operate to the Republic'. We are delighted to have Air Niugini join us, but New Zealanders, ever since Captain Cook drew the maps, have
    91 words
  • Article
    Tendering does not cause those empty sites
    788 7  -  [FOBUM i .with Dzonni Yeiou LAST Saturday, I wrote against the false notion that land costs will dictate the prices of new properties. The article has provoked the ire of at least one private developer. In a letter (BT April 5) signed "A
    788 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      215 7 x 1 v -3 »»vtas K* .<i «8? 1 ■<* M* mm. i c ♦COMES* If J: w sr a» fill H 2f 5E JiT[T ai II ■on oasis in the orient 214. Duneorn Rood. Singopore 11 Tel.- *****2 dsav4 I II t( >'S I I i lIK >\ Sll
      215 words
Page thumbnail Page 8
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      567 8 SOUTH EAST ASIAN BANKING AND FINANCE CONFERENCE 19TH AND 20TH APRIL 1979 Sponsored by Financial Times and Business Times The Conference will cover major political, economic and commercial questions of interest to the regional and worldwide business communities. The Hon. Mr. S. Rajaratnam, Minister for Foreign Affairs, Singapore will be
      567 words
Page thumbnail Page 9
  • MONEY AND EXCHANGES
    • Article
      Hongkong
      175 9 STERLING yesterday continued to firm in late, hectic trading to U552.0885/95 compared with New York's 2.0790/900 close and its 2.0800/15 opening here, dealers said. Commercial demand for the British unit and other buying interest was fuelled by speculation that the Bank of England may be changing its intervention policy
      175 words
    • Article
      MLR
      21 9 THE tTerage rate At which Singapore banks are currently prepared to lend to their beet customers is 8 per cent.
      21 words
    • Article
      Australia/NZ
      51 9 QUOTES on the Australia and New Zealand exchanges on April 6: AUSTRALIA: US dollar LUJB/I.MM Sterling OJHV/OJNT Ninety-day airmail buying rater. Sterttav OJM US dollar L 1519 Ninety-day forward buying rates: Sterting QJ<B US doOar 1.1210 NEW ZEALAND: Reserve Bank mkkate USHJBM Trading Bank IndtcmthMa: Sterling OJOT4/0J044 US doOar
      51 words
    • Article
      Asian $ rates
      165 9 Asian rates ASIAN currency deposit Interbank rates as at close on April US OrihrataMt) 7days 103/1* 101/16 1 month 10 <4 10* 2 months 10* 10 H 3 months 107/16 10 6/16 6 month* 10* 10H months 101/10 10 9/16 12 months 107/16 106/16 (win. Dm. Mm) »«4 66/10 67/16
      165 words
    • INTERNATIONAL STOCKS
      • Article
        Lock icon Energy stocks show new life
        633 9 TOKYO Source: DBS-Daiwa Securities RESOURCES-related issues including Nippon Oil shot up due to news of President Carter's new energy policy along with other incentivebacked issues including Heiwa Real Estate. Export-related issues such as light-electrical and precision machinery issues generally rebounded owing to the current sharp
        Source: DBS-Daiwa Securities  -  633 words
      • Article
        Sydney
        360 9 SHARE prices reversed the week-long downward trend and leading mining issues led a small recovery, dealers said. The all-ordinaries index gained 1.93 to 582.91 with BHP closing 10 cents higher at ASU.7O. On the mining boards CRA rase 12 cents to 13.67 ahead of a progress report on the
        360 words
      • Article
        JO'BURG
        312 9 APR 06 Rand INDUSTRIALS A Alpha 110 unch Ahercom 233 -3 AK And CI as unch AMIC in; 25 Barlows 573 -5 C* Sugar 830 unch CNA 205 unch Cum* Finance «8 4-1 1* B«rj Ind 1480B 45 Una 385 +5 Kdfur* uso 50 Evrreadjr 2T7 Krd Volk 230
        312 words
      • Article
        Manila
        97 9 APR 00 Peaoe Acoje Mining 41 >***** AUu Con. A A Urn* Coo. B 1545 0.« Baguto OoM unch Benguet Con. B MM -04 BF Goodrich MM -04 cnrp 2U0 Ineo B. LandaU 2 Lepanto B. ZI 46 unch Marlnduqu* B 8.00 04 Menace JlJO -04 OrtenUU A Oriental
        97 words
      • Article
        Hongkong
        333 9 SHARE prices Armed across the board on local institutional demand with interest centered on market leaders and property issues, dealers said. Trading was moderately active with the Hang Seng hniwr up 11.99 to 531.43 points. Among market leaders, Hongkong Bank gained 30 cents to HKH2.9O, Hongkong Wharf $2.25 to
        333 words
      • Article
        Selected indices
        61 9 FINANCIAL TIMES INDUSTRIALS Thursday 882.7 Wednesday BU Week Ago 540 j DOW JONK8 AVERAGE INDUSTRIALS Thursday 877.43 Wednesday ***** Week «co ***** LONDON DOLLAR PREMIUM Thursday 54 to 04 Wednesday 06% toOOM HJLHANO SENG Friday 031.43 Thursday closed Week ago ***** SYDNEY INDU8TRIAL8 Friday™ ***** Thursday 481.01 Week
        61 words
      • Article
        Stocks at year's high
        1272 9 NEW YORK THE STOCK MARKET rase to its highest level of the year in active trading on Thursday as investors ignored high inflation and the strike-lockout of truckers. Analysts said the performance was especially encouraging since the market was firming late In the session, ahead of
        1,272 words
      • Article
        TORONTO
        182 9 APR OS C* ♦A Abtubt 11*. A lean "l Alfocna »'i Bulk Mont 'l Bank Not* Scoua DBell Td «>. Bell) Corp BP Cmn Utf Z M'< Bructn n. -*t Camp Red Lake 37'> Can Imp Bk Tf. Canpac 29 Canpac In* Pf ir.B unci) Cartlnc OKwIi M m
        182 words
    • EUROPEAN MARKETS
      • Article
        Zurich
        186 9 APR OS Francs Actions Suum Alusulsse Br 300 143A 1 unci) Alusulsse Ref. SO Brown Boml Br IC70 Clba Oelfj Br. IMS Clba Oeirv P c tm -3 -30 -10 •IS Clba Oelfy Rh Credit Suisse Br Credit Suisse Ref Elektrowatt Br. 702 as 44ft iob -30 -ft Ow«e
        186 words
      • Article
        Paris
        266 9 APR 06 Fr» CORBE1LLE Alr-UquM* B 8 N Ocrrals nannn* C 8 F (Thomsonc*») Cte FnnctiM dn Pitnln 41AM SU 3M IBB ♦O tl M 15 Financier* Compafnie Oeneraie Credit Ponder De France Hachette (Libra trie). Machines Bull Mwheltn (B) Pinbu Peclunejr Clcute KuDlmann Prufeot Philips (H* Oem Bexli)
        266 words
      • Article
        Amsterdam
        188 9 APR 0» Fl» A8H mm *3 Ahold 130-00 +0J *tao It ft AMEV HJM JS. 1MJ0 -0.4 A®roc But 1UI ♦«< Derion <7 a i mj CP" Si BoU m 1 anch 1 unch Bonumil 1 Burtimann T Bytiikorf Ki 1JI X -U U All C»l» IWIfl DM u,f
        188 words
      • Article
        Brussels
        89 9 APR 06 rn FORWARD MARKET Arm* 441 unci ArhMt 2SOO 36 Ascur •M unci Brucui •OS unci Bru-Umb ITtO 10 Canptc 144 4-12 Cock sot -S Dr B*crs ns •1 Ebn M30 •li Eieclrobcl Mt -m OO-Inno-Bm tm im -4 Hotoofc no 90 Pttro 4140 -40 R*1 Dutch -It
        89 words
      • Article
        Frankfurt
        194 9 APR Dm Arl-Ttkhinkm Akaa Mil Lrten Alii Verm tUD rim Rut tntt -CI u BASF Bs f H T Wtmn* Bmjr Vbank lfiji rmji -*.4 Bayer BBC 13MO unch BMW 2S200 > -0J Caaaella Cheat Ven> Coaimerttank Coou Oummi 375.00 ***** 303L70 •4 JO -0 -t unch Daimler-Ben* Unuiu
        194 words
      • Article
        Milan
        80 9 APR OS Ante LUr M -U Butofl UACtl m *i FMl *nc m unch Finudtr IH .1 On Immob 1UJ -075 in m as -u ItalCMBMlU 1MM M lul«as W -St lulaider 390 ■4 Hagneu M PI Marvlll Ere w 3B3 unch MMut ano Minima MondMteri Z1M0 3S0 IW
        80 words
    • Article
      London
      223 9 STERLING yesterday slipped back (ram its highest opening levels to US$2.OBBO/ 86 tram an opening 2.0884/91 but remained (irmly underpinned following an apparent change of emphasis in the Bank of England's intervention tactics, dealers said. The dollar continued the steady tone evident in the Far East, but President Carter's
      223 words
    • Article
      Gold
      285 9 SINGAPORE (old futures yesterday closed slightly lower againat overnight levels after fluctuating narrowly. In moderate trading, dealers arid. Turnover row marginally to 18t lota tnm 169 oo Thursday with interest centred in June, August and October. June dosed slightly easier at USSM4.CO/90 an ounce «*np«mi with *245.10/50 Krlously, August
      285 words
    • Article
      Discount
      25 9 SweeflMwM* cu (toparita «H» iAn«4 kjr April* Smooth TrMaary bUls 4* ■f «MN 4M BukMlh 7H m H-lZH!jl*:I"i' M I Source: National Discount Co
      25 words
    • Article
      Frankfurt
      26 9 FRANKFURT exchanges op®"taf quotas on April I: US LMHfm (USU/W) Cu-LM^B &M/MI sn-tinm rrr-ajMi N Kr UMm B Tr (cam) ÜB/B B rt (Hi) tm/tU
      26 words
    • Article
      Singapore market
      456 9 THE FOREIGN market yesterday was quiet with the US dollar little traded for most part of the day against the yen and deutachemark. Sterling, however, strengthened against the US currency. Opening at 2.0810/20 against the dollar, the British currency gained ground during the morning session to touch 2.0915/25
      456 words
    • Article
      Tokyo
      168 9 THE US dollar for overnight delivery yesterday closed firmer at 215.30 yen, compared with a 215.00 opening and 214.80 at Thuraday's close, after minor central bank yen-support intervention. The Bank of Japan was believed to have sold an estimated USBSO million at the day's high of 215.70 yen in
      168 words
    • Article
      Treasury bill tender
      50 9 RESULTS of tender held yesterday for 91-day Treasury bills to be issued from April 9 to April 12: Offered: $15,000,000 Applied for: $50,500,000 ADetted: $15,000,000 Aeeepted Wde: $96.90 approximately 21 per cent; higher bids in full. Average rate et dleeeaat ea alietmeat: 4.385 per cent per annum.
      50 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      146 9 r? Why WOOD' 79 is important to you. Between July 16 and *****9, South East Asia's leading businessmen and developers in the timber industry, and the world's most established manufacturers of timber equipment will meet in Singapore for Wood '79. the first International Forestry, Timber Processing and Woodworking Exhibition to
      146 words
Page thumbnail Page 10
  • Article
    DEALS DONE ON THE SES AND KLSE
    1704 10 tflSingapore Ad and offer prices officially Uited syid business in and re[ferted to the Stock Exchange of Singapore yesterday with the numbec.of shares traded shown la brackets In lots of 1,000 unlU unless otherwise specified. All Time Settlement Contacts are quoted after the
    1,704 words
  • Article
    Unit trusts
    145 10 ■N8ANR K UNIT TRUST priest tarAfrt) The Commerce 2.23 U7 The Savtac Fund MB 14Qzd S pore Prof Fib ■d 0» 1(B S pore Sec. Fun d i.n i.« S'pore Invest Fi und 1JJ 1.37 S pore Equity F ted 1.00 MB laiumimT Mai Prat Pund L14 1.30
    145 words
  • Article
    SHARE INFORMATION SERVICE
    2623 10 U %9T9 U-» Coapaiy Last Sale Gr'a Div +ar- Dir CVr Gr*« Nat YTd P/K Vol Day (TOO) High Law SECTION ONE INDUSTRIALS 84*-' 207 Acma 123* Alcom 142 110 Allied Choc SFiS IL T 74V> 00 Ben Ht.a 185 Berjaya Kawat 3M 226 Boustead 202 177
    2,623 words
  • Article
    In Kuala Lumpur
    1740 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. MDURtUU 2.408) IJkwHi (2 9TB 1J8) hkmm (1MB) (1) 190 Aim Mi
    1,740 words
  • Article, Illustration
    Traders keep a lively pace on the SES
    598 10 TRADERS aatataM a IMy pMt the Stock Exchange ef Stagapsre yeaterday, ekuhg laiiu wltk (uiuMaWi aad iprnlitlig ea these wltk little. T» akservers then Mini Httte turnip wtili, wltk tke excepttea ef gwd eerperate renlk, to ittaNkh tnhn to mvi la aa
    598 words
  • Article
    Lower liners dominate KL trading
    483 10 PRICES held well in fairly active trading to close on a steady note on the Kuala Lumpur stock market yesterday. Lower liners dominated trading again but most of the current favourites made little headway. One example was General Lumber, the most active stock with 335,000
    483 words
  • Article
    Government bonds
    122 10 4 1/2% 1/8/ SO (*****00) (00.408 90 JOS) 4 3/4* 16/9/80 (250X100) (00.008 W. 706) 6 1/4% 1/3/81 (250.000) (100 JOB 100J8S) 5% 15/4/81 (250.000) (00.828 00.708) S* T F 1/5/83 (290.000) (100.108 100 JOS) 6 3/4% T F 15/8/81-84 (250X100) (101.708) 6% 13/11/84 (250.000) (100.008 100.056) 7%
    122 words
  • Article
    Stock options
    65 10 Striking prices of the options fflciafly listed on the Stock Exchange of Sings pore yesterlajr, the period. Bids and afterd prices and business done, if ny. with the number of opham traded shown in brackts. ■a* Par (June $1.40) (0JOB) (3) 0.31. hrtiwft (June $1.50) (OJ®). Stan* Durfcjr
    65 words
Page thumbnail Page 11
  • COMPANY NEWS
    • Article
      API goes on the acquisition trail again
      610 11  -  By STEVEN TAN A YEAR after consolidating its troubled financial and management position, Associated Plastics Industries has turned to expansion through acquisition. The plastics manufacturer has announced that it will acquire the entire share capital of 850,000 shares of $1 each in Mulia
      610 words
    • Article
      Bousteadco takeover
      143 11 BOUSTEADCO Singapore Ltd announced that as at April 3,1979, the takeover of the whole issued share capital of Holiday, Cutler, Bath and Company Pte Ltd has been effected. A Bousteadco statement said that acceptances of 200,000 management shares have been received together with 974,990 ordinary shares, which represent
      143 words
    • Article, Illustration
      High and Low turns in poor set of results
      566 11  -  By SUSAN THAM MARKET rumours of a scrip issue have always been linked inescapably to any pending announcement from cash-rich Highlands and Lowlands. However, pundits who had banked on a scrip issue were again disappointed on Monday when the plantation group
      566 words
    • Article, Illustration
      No clear trend in March
      865 11  -  .THE BOITOO "that WAS By TSANG SAU YIN THE Stock Exchange of Singapore faced the crossroads of its career in March, vacillating between the bull and the bear. The month saw trading characterised by technical reactions and short-covering as investors found little in the way
      865 words
    • Article
      DIVIDENDS ANNOUNCED
      625 11 Current Ex Books Date Total for Total for Pnyment Date Close Payable the year Previoua year M U Ind 5* Mar 10 Mar 29 Apr 6 5* Hume M 6*1 Mar 14 Mar 26 Apr 13 6* 15* K Sidim 5*1 Mar 28 Apr 7 Apr 14 5*
      625 words
    • Article
      SCRIP ISSUE
      176 11 Company Particolara Ex Date Books Close Keck S«nf Bonus Issue of 1 for 5 Apr 4 Apr 17 Dualop Eat Bonus Issue of 1 for 5 AprS Apr 30 P. Product! Bonus Issue of 1 for 4 Apr 10 Apr 20 Toshiba Rights Issue of 3 for 2
      176 words
    • Article
      Lock icon Trading in smoke
      463 11 n HOCK LOCK SIEW THB B aai a cigarette adverttoemeat. Bay Bsthmaas, aell Malayatoa Tabaeee (MTC), say the apwßalatara. The "rnnaiig" behlad toto call (ram toe wiM to that MTC*s praflta are aheat to riHspsi' aa a reaatt af the "beyeett" af Its prefects which to repwtofly
      HOCK LOCK SIEW  -  463 words
    • Article
      SOVRAN INDUSTRIES:
      21 11 Group pre-tax profit $969,700 ($378,689) on sales of $3.65 million ($3.02 million) for the six months ended Dec 31,1978.
      21 words
    • Article
      SEALION HOTEL
      108 11 an- nounced it entered into a contract on April 3 to purchase the property in Nutmeg Road situated behind the Hyatt Hotel. The vendor is KPM Lijnen BV, a Dutch company. The consideration purchase of the which covers 9,480.8 square metres, is $7.5 million. Ten per cent of
      108 words
    • Article
      CITY DEVELOPMENTS LTD:
      57 11 Group pre-tax 1978 profit *****,529 (kiss $1.34 million). Tax $624,324 ($113,630), leaving after-tax profit oT $286,206 (km $1.45 million). The company said last year has seen a general improvement for the group, particularly during the second half, and if the current improved property market is sustained, the
      57 words
    • Article
      AMBASSADOR HOTEL LTD:
      28 11 Audited after-tax 1978 profit *****,007 ($315,286). First and final dividend 7.5 per cent gross (nil), payable on May 30 to shareholders registered on May 7.
      28 words
    • Article
      NSTP keeps ahead
      343 11 THE New Straits Times Press (Malaysia) continued to move well ahead on the profit trail with group earnings registering a 12.5 Bcent growth in the first of the current financial year. Pretax profits (before minority interests) of die printing and publishing group rose from $6.64 million in
      343 words
  • Page 11 Advertisements
Page thumbnail Page 12
  • Article
    Majority of S'poreans not 'ugly' says Nair
    293 12 ECONOMIC grawto Mi pragma ahaaM aat be jfepi m u Mi la Itaetf eat rather aa a mm for Impmlag tke qaaltty at ■to Ml Ike Hviag Mi warklag eavtraamwt i toe h>»g force. Mr Devti Nalr, seeretary-geaeral af toe Nattaoal Trades Ualaa
    293 words
  • Article
    LONDON STOCKS
    783 12 LONDON, Fri. Government bonds were higher today, encouraged by the strength of sterling, while equities met profit-taking and generally declined on the last day of the account, dealers said. At 3 p.m., the Financial Times index was down 10.4 at 522.3. Government bonds closed with gains of 5/8
    783 words
  • Article, Illustration
    GDP no longer true yardstick of progress
    510 12  -  By FONG MEW LENG SINGAPORE is still basically a servicing centre with a semi-industrialised economy. It needs to review its growth and labour policy to continue developing in the (ace of a labour shortage. It also needs to be more aware that impressive
    510 words
  • Article
    Pelita buys
    35 12 PELTTA Air Service of Indonesia yesterday signed a contract to buy three Lockheed 100-306 for US$3O million (Ss66 million). Pelita is buying the planes to airlift transmigrants from Java to new resettlement areas.
    35 words
  • Article
    Lock icon Tariff cuts of 30 pc agreed at Geneva talks
    519 12 Reuter UPI THE United States and its major trading partners have agreed to average tariff cuts of about 30 per cent at the multilateral trade talks in Geneva. Achievements by the US at the talks have "to a remarkable degree" matched
    Reuter; UPI  -  519 words
  • Article
    Lock icon Carter's energy plan sustains stock market
    572 12 Reuter AP THE US STOCK market will continue its recent rise following President Carter's energy speech, Wall Street analysts forecast. Some said they are concerned at Mr Carter's apparent attitude to business, but added the windfall profits tax may not get through Congress. Basic
    Reuter; AP  -  572 words
  • Article
    Strikes and weather erode production
    151 12 INDUSTRIAL production outside tfje United States declined 0.3 per cent in January, reflecting the temporary effects of ma)or strikes and especially adverse weather in Europe, the US State Department of Commerce said. The decline the first since last May followed a strong upturn during the
    151 words
  • Article
    BANK NEGARA CHIDES BANKERS
    691 12 Customers taken for granted THE Malaysian central bank has taken commercial banks to task for their "growing tendency" to take the individual customer and small businessman for granted. Bank Negara has received complaints about overcrowded bank premises, undue delays and bothersome procedures of cashing cheques and
    691 words
  • Article, Illustration
    Lock icon Defects found in Japan's nuclear reactors
    325 12 DEFECTS have been found in some of Japan's pressurised light water reactors and most of them will be inoperative until next summer when further checks and repairs are completed. However, officials of the Japanese International Trade and Industry Ministry said none of the defects
    Source: UPI photo  -  325 words
  • Article
    Singapore and India sign new Fifth Freedom agreement
    187 12 SINGAPORE aai h* will rfga a am sir eervlees HNNMrt May that will tally nheraMee PVth Miiw rights flar the twe nutria. Ills mtrnm that Air bdfc wBl he altowed to carry aa sriUM Is a tW es—try fnn tth to flsgap
    187 words
  • Article
    Lock icon HOPES OF SPEEDY END TO STRIKE
    122 12 Reuter HOPES were rising yesterday of a speedy end to the US road haulage dispute, which has shut down the industry since Sunday, after the two sides resumed negotiations. Both management and the national Teamsters union were under pressure from the Carter Administration to
    Reuter  -  122 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      197 12 SEE PAGE S JEStHE DEVELOPMENT bank of smgapore ud (Incorporated in the Republic of Singapore) U5560,000,000 6V2 CONVERTIBLE BONDS 1991 ANNOUNCEMENT OF ADJUSTED CONVERSION PRICE To: All Bondholders Pursuant to Clause 8(6) of the Trust Deed dated 7 October 76, Notice is hereby given that the conversion price of the
      197 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      62 12 Outlook for Singapore from 6 a.m. to noon today: Cloudy with isolated showers in late morning Report for 24 prior U 7J9 p.m. m April C at ike airport. Maximum temperature 30.6 Associated humidity 75 Minimum temperature 24.1 Associated humidity 96 Hours of sunshine 1.15 Rainfall in millimetres 7.4 Total
      62 words
Page thumbnail Page 13
  • LEISURE TIMES
    • Article, Illustration
      SIMPLE SHOOTING
      567 13 booiof THE WEEK Title: Selected lest It PnMHnd by: BAPBA Ci» ere Clab Prtee: lit Reviewed by Caßa Cbee IT IS COMMENDABLE that local camera club has come up with the idea of collating the best in local photography and getting them into print. If for nothing else,
      567 words
    • Article, Illustration
      DESTINATION SINGAPORE
      964 13  -  A sturdy vessel, once the workhorse of the Oriental g sea routes, the Fairwind now provides a com- M fortable and exotic JM way for you to enjoy the spectacle rounding Singa- 'HK Dor 6 M. By MARGARET THOMAS "SUPPER in the open under the spreading saiis while
      964 words
    • Article
      Lock icon China thrills to a new song in the air
      1667 14 NYT By HAROLD SCHONBERG IF THE ARTS in the People's Republic of China are not exactly thriving yet, there is a feeling of renaissance in the air, and things are beginning to move. The have a great deal of catchingnp to
      NYT  -  1,667 words
    • Article, Illustration
      Classy casuals
      136 16 EXECUTIVE FASMOI FOR CASUAL avoninas when von still (m! a lacktt would bo approoriata. Gianni Varsaca tho "in" Italian daslgnar for tho momont has tho moat AaMAJK IIIkAMA ||\y 1A MIAAlikAf •ufioiow couon-nntni toi inn no* WMuivva Aa jfc I■ ia ILI. I»—L.* til r Ati im M
      136 words
    • Article
      CARIBBEAN DELIGHT
      689 16 WEEKEID GOURMET WeU-kaswa ehefs Craig daitone aid Pierre Fraaey sead (rem New Yerk seme absetately mutt watering recipes (ran the Caribbeaa. WHEN several months ago we were invited by a tourist group to Judge a cooking contest in the Caribbean, we accepted the offer with some misgivings. Over
      689 words
    • Article, Illustration
      Big Chief's jazz men
      605 16  -  By RAHIM KASSIM IT IS ONLY on very rare occasions that we in Singapore have the chance to listen to the swinging tunes of the untainted, the raw sounds of the original 1900s' New Orleans Jazz made popular by such immortals as Louis "Satchmo" Armstrong and
      605 words
    • Article, Illustration
      Behold the wine in Californian cellars
      399 16 THOSE who have complained long and hard about the forbidding prices of wine In Singapore will be relieved to know that local distributor! are also looking beyond France (or cheaper sources of wine. J. L. Morison, Son and Jones brought in Gallo wines from
      399 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      43 13 Kodak is... FILM CAMERAS PROCESSING PROJECTORS CHEMICALS PHOTOGRAPHIC PAPERS PHOTOGRAPHIC ACCESSORIES 30SA»«*«raRort Sngnxye 3 T«* 6366n Grfwiif commercial interest ia Kateog J^gen F* y®«, hamemakers JD £9b« aleag with Big Chief Jan Band at Shaagri-La. JV Classy easaals that beat the heal JV
      43 words
    • Advertisement
      Page 13 Advertisements Column 2
      48 13 i Kodak also is... MICROFILM GRAPHIC ARTS MOTION PICTURE FILM BUSINESS SYSTEM EQUIPMENT AUDIO VISUAL EQUIPMENT 306 Meiroi RoM Singapore 3 Tet *****1 -kV>> m mm 'ZmSm*- Mm ®®Ti fJFJSPr!I yw^iSi w s? "iMi* fetheUX ttw lact 15 MV~«?V y svi:*i I #3 ■•g Z-.-f v.,- ...->• f? A
      48 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      932 13 r WHAT WHERE FILMS TODAY, at 10.45 am at the National Museum, a series of three films on Aostalia these are AutnSu Report, laferadadag AastraUaa Fastball and Three Aactrallan CMee. The documentaries, each about an hour long, are provided by courtesy of the Australian High Commission. TOMORROW, at 2pm, a
      932 words
Page thumbnail Page 14
  • PROPERTY
    • Article, Illustration
      The Adelphi makes way for the '80s
      673 14  -  FALLING swiftly in the footpaths of the Arcade is yet another familiar sight in Singapore the Adelphi hotel. Demolition work has already begun to clear the ground for the proposed $80-million project which, as rumour has it, may soon change hands. TEOTECK WENG
      673 words
    • Article, Illustration
      KATONG HUMS WITH NEW ACTIVITY
      830 14 AS work progressei at the Changi International Airport, the Katong area is growing in importance as a major commercial area. It is not surprising, therefore, to see the area awash with property companies eager to maximise their capital by cashing in on a potential market.
      830 words
    • Article, Illustration
      Sales bloom swiftly for St Patrick's Garden
      832 15  -  By TEO TECK WENG LOW-RISE condominium developments of a reasonable size and which carry low maintenance charges are being snapped up as fast as proverbial "hot cakes". A clear example was the Gilstead Court development by property company United Overseas Development which had
      832 words
    • Article
      Ardmore adds one more
      350 15 THE THIRD tower block in Ardmore Park, called Langkawi, is expected to be launched on the leasing market in a few week's time. Malayan Credit Properties, the Ardmore Park developer, has already received active enquiries 25 interested tenants on a waiting list. The two other tower
      350 words
    • Article
      ALL FOR THE HOME
      511 15 makers tl MTEIMXnONALFURMTURE&FURMSNMGSEXmmON HOMEMAKERS' 7t, Singapore's first iitemtfaul exhibition (inttin, fnr■hum mi fc—Ml mla— b hugins May at the World Trade Centre. TVe exhibition aimed at both the local ewsumer and the International trader will be held far five days till April 11. Seme 3MM visiters
      511 words
    • Article, Illustration
      Jens Munk makes its debut here
      64 15 JENS MUNK, one of Hongkong's leading interior designers, will be displaying his collection for the first time in Singapore. The well-known importer of quality European furniture and more recently furniture manufacturer, is taking part in £*omemakers 19. On display will be i& latest collection
      64 words
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      318 14 GOOD READING FOR ALL PARENTS Learning Through Play is a I book chock full of ideas for simple games, activities and 1 experiments, designed to help children develop their minds and bodies. Babyhood should be required reading not only for all parents but for every doctor or nurse in contact
      318 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      101 15 ANTIQUES FK CMC SI MTIQKS t WORKS OF ART KWOR GALLERY Pl*. Ltd. 101-103, FRST FLOOR. FAR EAST SHOfPMG CENTRE ORCHARD ROAD TEL: *****16 COLLECTOR SELLING Blackwood furniture Including mah Jong table with 4 chairs, reclining chair, Rosewood display cabinet, teak desk chair, large map of China, blue/white porcelain. If
      101 words
    • Advertisement
      Page 15 Advertisements Column 2
      338 15 ON OFFER RIDG6UUOOD ihc M<>si I «ilk«'d About C ondommiutn m Smtjapou' Now Booking! Spectacular 3-4 Bedroom Apartments. Superior Finish. Built-in Cupboards. Kitchen with ceramic tiles, cooker hood, washer and dryer. Sales Prices from $173,000 FACILITIES 6 Parklike hectares A superlative Recreational Area, complete with 2 Pools, 2 Tennis Courts,
      338 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      160 16 PENGUIN BOOKSHOP RUNNERS HANDBOOK THE ftUNMEPS HANDBOOK irmr~m —r^m —t —it ULTIMATE BOOK ON I RUNNING/ WHY DO RUNNE*S MAKE BETTER j 10METC iHAA/CSOOA C_ RUNMNCr STtMUUJSI Ul ASPECTS h OF HEALTH^ *•*> ®s 4! ft* s ft mife !i is in •>. BE rh<» RUNNER'S H "-jr #> «sf
      160 words