The Business Times, 10 April 1979

Microfilm: NL10129
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 14S/1/7J TUESDAY, APRIL 1179 50 CENTS
    10 words
  • BRIEFLY...
    • Article
      Lock icon Dollar declines
      54 1 AP TOKYO, Mon The US dollar declined against the yen today after climbing for two weeks as many traders apparently stayed on the sidelines to wait for possible yen defence measures. The dollar closed at 214.40 yen, down from 215.375 yen last Friday, but well above its 206.425
      AP  -  54 words
    • Article
      Lock icon Leyland strike
      61 1 Reuter tONDON, Mon Several thousand key workers of British Leyland went on strike today despite warnings by the management that their action could permanently damage the ailing car giant. There was some confusion as to how many of the 8,000 craftsmen and toolroom workers had failed to turn
      Reuter  -  61 words
    • Article
      KL gives go-ahead
      47 1 MALAYSIAN Prime Minister Datuk Hussein Onn has agreed in principle to allow Thai vehicles from Thai destinations to use Malaysian roads to transport fruits, fish, vegetables and other foodstuffs to Singapore. He said this in reply to a question in the Malaysian Parliament yesterday.
      47 words
    • Article
      Lock icon Drivers lift blockades
      66 1 Reuter SYDNEY, Mon. Lorry drivers began lifting blockades on main highways in Australia today after state governments agreed to abolish road maintenance taxes and investigate low freight rates. Drivers, who manned barricades for the last eight days in Victoria, Queensland, South Australia and Western Australia, were back
      Reuter  -  66 words
    • Article
      Lock icon MTN doubts
      70 1 AFP GENEVA, Mon. A package of tariff cuts of nearly 30 per cent and other measures to boost trade and counter protectionism in the coming decade may be initialled here this week after more than five years of bargaining between 100odd nations. But participants in the Multilateral Trade
      AFP  -  70 words
    • Article
      Lock icon Commodities fund capital
      60 1 AFP KUALA LUMPUR, Mon. Agreement has been reached on the capital structure of the common fund for commodities, Malaysian Primary Industries Minister Paul Leoog said today. He told the Malaysian Parliament that the Geneva meeting on the fund last month had agreed that the fund would receive
      AFP  -  60 words
    • Article
      Lock icon Modernisation cost
      37 1 AFP TOKYO, Mon China's modernisation will cost US$36O billion (***** billion) over 10 years, Sir John Keswick, former chairman of the board of directors of the British trading house Jardine Matheson said here today. AFP
      AFP  -  37 words
    • Article
      Lock icon Dow Jones
      63 1 AP NEW YORK, Mon. The stock market declined slightly today, beginning the week on a hesitant note. The Dow Jones average of 30 industrials dropped 1.38 to 874.31 in the first half hour. Losers took a slight lead over gainers among New York stock exchange-listed issues. In the
      AP  -  63 words
  • Chief Price Changes
    • Article
      SINGAPORE
      124 1 Rises Most Active D Keramat 1220 90 Pa hang Cons 284,000 BenCa Eaao S370 56 Boustead 254,000 458 306 38 36 H Par 227,000 Shell 326 26 Olympia 177,000 Straits Trading 660 20 Total Turnover: 6.27m(ready) Rothmani 388 20 Total Value: $15.23m(ready) Kemayan Tractor* 224 570 18 15 Indices
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    • Article, Illustration
      KUALA LUMPUR
      158 1 Rises Most Active Esso Ord 470 48 S Darby 355,000 Utd Pit 310 42 F Merlin 336,000 Shell 332 22 Consplant 309,000 Tasek 314 21 G Lumber 265.000 Toshiba Consplant Parit Pk 450 3 20 20 20 Total Turnover: 5.81 in Total Value: M$14.09m K Sidim Dunlop Est
      158 words
  • Article, Illustration
    Natural rubber having a ball
    669 1  -  A 280-CBNT BOUNCE? .By Our Reporter DEALERS expect the price of natural rubber to hit the 280-cent-a-kilo mark before the month is out. Rubber prices in Singapore which have been hovering around the 235cent mark early this year, reached 275.75 cents a kilo when the
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  • Article
    BULLS IN FULL CHARGE
    206 1 ENCOURAGED by the oeotUiual outpour of good corporate results, the Singapore stock market yesterday staged one of its sharpest advances as bulls took full command. Stocks with good prospects led by Esso and Shell were sought out by investors right after the opening bell. Esso, whose
    206 words
  • Article
    Use ICFTU as instrument of solidarity
    710 1  -  By WANGLOOK KEAH THE TRADE unions of developed countries should help stregthen international labour solidarity and the main instrument to achieve this solidarity is the International Confederation a( Free Trade Unions (ICFTU). This plea was made by Mr Devan Nair, secretarygeneral of the National
    710 words
  • Article
    KL broker pleads not guilty to share charges
    228 1 A MALAYSIAN stockbroker pleaded net gallty la a magistrate's ewt la Koala Lampar last Friday to charges relating to the Inanettoa (f Pacific Devetop meal Credit Bhd sham ahnt two years age. Yap Cher Klaa, SI, a dlreetor sf Charles Bradbarae Co.
    228 words
  • Article
    Department store giant Daimaru is coming
    386 1  -  By GOH ENG KEE DAIMARU, a leading Japanese department store, is considering setting up shop in a major new shopping-office building to be built at the corner of River Valley Road and Tan Tye Place. The department store, the second largest chain store in
    386 words
  • Article
    Cuban minister here
    74 1 CUBAN Minister for Heavy Indstries, Mr Lester Rodriguez, now in Singapore, will meet Prime Minister Lee Kuan Yew this afternoon. Yesterday Mr Rodriguez met Minister for Foreign Affairs S. Rajaratnam to discuss the sixth conference of non-aligned countries which will be held in Cuba this September. He
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      Page 1 Advertisements Column 1
      51 1 ■VLX -.s. Corporation >v-3HAKIf A OMk* Caipm rtloß Tei: *****4/*****4 Tet*n: BS ***** A/B RAKICOR CaMci -RAKICORP" factocv Marsillng Industrial Estate Malaysla Tel: 394*4 ■Me "RAKICOR F" JoNkc Baluu For all types of Culinary (Oriental and European) ground, whole, rUDDCiIi seeds,root*, spices and pulses. Manufacturer, miller and stockists. SEE PAGE
      51 words
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      Page 1 Advertisements Column 2
      26 1 Predators Top cats on the prowlgreen after green lynx Predators Investment Cost Woods ar>d Irons definitely is your club. IMASmGAPWU UM»» MMV'IXMIMK VIMM UCauHJHMC tMIUUMfrMMIMfIMMiiIMrrn *****14
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      5 1 Leader ...Page I SHIPPING TIMES
      5 words
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      Page 1 Advertisements Column 4
      370 1 Plain paper copiers Preferred by offices worldwide. CALL *****33. Wywy Private Limited Smte 3901 39th Fl. Hong Leong Bulking mMmm i6Ratf»esQuay Sngaoce 1 in the UK. and Ireland! Passing through Amsterdam Airport is an experience in itself. All-under-one-roof facilities include automatic luggage transfer, rolling sidewalks, 51 handily placed tax-free shops,
      370 words
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      3 1 Leader... Page f
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  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      598 2 COURSES AND TALKS 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:
      598 words
    • Article, Illustration
      Smaller computers for Philips products
      550 2 CHANGING circumstances dictate that Philips will have to shift completely to producing smaller computers which are part of a larger computer network. The vice-president of Philips, Dr W Dekker, who arrived over the weekend to review the company's investment in Singapore, was speaking on the
      550 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      166 2 MS YEW Chug Kew, a former senior official of the Monetary Authority oI Singapore, has joined Asia Commercial Banking Corporation as general manager and chief executive. Mr Yew was company secretary with Mitsubishi v Singapore Heavy Industries before his present appointment with the Asia Commercial Bank. An
      166 words
    • Article, Illustration
      SOARING DEMAND REFLECTS QUALITY
      259 2 AN AUSTRALIAN company has broken into markets in South-east Asia and the United States with a topquality mirror. Within a month of introducing its range to this region, O'Brien Glass Industries Ltd had received orders /rom Malaysia, Singapore and Hongkong for more than 20 containers of
      259 words
    • Article
      SANA APPEALS TO FIRMS
      271 2 BINGAPOSE AM-NWMttn Association is ■ppwHig tor mare emyliyen to par* tietpato to Mb Jeb ptoeemeat programme to kelp ex-4rug ilfcti kecsaw wM »i pniKttve ctttaM igito Gaagtog by toe hint etottrtfaa availaMe, toe programme kae set keea very neeetofeL FW toe peril i bta OH 1
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    • Article
      Law and accountancy
      70 2 THE LONDON School of Accountancy and theHolbom Law Tutors of London are introducing new courses in accountancy and law for students in the Far East. Those interested should attend the talks that will be held at the Hilton Hotel by Mr John Grader, principal of the London-School
      70 words
    • Article
      Oberoi manages its own Bombay hotel
      133 2 OBEROI Hotels and East India Hotels have terminated the agreement with 'Sheraton International (or the management of the Oberoi Sheraton, Bombay. The hotel is now known as Hotel Oberoi Towers, Bombay. It was opened in 1873 with 500 rooms overlooking the Arabian Sea. To
      133 words
    • Article
      Lock icon Citizen of year
      90 2 AFP THE former vice-chancellor of Nanyang University, Dr Rayson Huang, was yesterday presented with Hbngkong's first ever citizen* of the year award. Now vice-chancellor of the University of Hongkong, Dr. Huang was selected for the award from 81 nominated candidates. The judges were six prominent local residents
      AFP  -  90 words
    • Article
      Full house start for Homemakers
      397 2 THE HOMEMAKERS '79 exhibition opened with a big turnout at the World Trade Centre last Saturday. The visitors included business teur groups from North America, Sweden, Denmark, the United Kingdom, West Germany, Thailand and Japan. Some exhibitors have already concluded business deals with the visitors.
      397 words
    • Article
      Honing skills of executives
      136 2 THE NATIONAL Productivity Board will conduct a course on "Effective Executive Leadership" from April 16-27 at its town training centre at Hotel RoyalRama da. The topics include leadership concepts and styles, morale and human relations, delegation, control and co-ordination. The fee is $120 a person for
      136 words
    • Article
      Awaiting KL's nod for centre
      163 2 AN interim arrangement to set up a provisional Asean-Japan cooperation centre on trade, investment and tourism will be signed as soon as Malaysia sends in her approval. The five Asean countries and Japan were to have signed an exchange of note in Jakarta last Friday
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      119 2 EXPORT FINANCING SEMINAR 17-18 April, 1979 at the Shangri-la Hotel Session I: Financing Services From The Banks Mechanics of Export Financing What The Bank Looks For In Export Financing Foreign Exchange: What Every Exporter Should know Session II: Other Financing Services How The Exporter May Make Use Of MAS Rediscounting
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      Page 2 Advertisements Column 2
      216 2 ANNOUNCEMENT GENERAL SECURITIES INVESTMENTS LIMITED (lmuiporftl in the RspuMic of stngipoiv) The Board of Directors of General Securities investments Limited is pieaaed to announce that the audited results of the Compeny and the Group tor the year ended 31 st December 1978 areas toliows:— THE COMPANY THE QUO Ondendt received
      216 words
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  • REGIONAL
    • Article
      Sabah and Sarawak to come under job ordinance
      356 3 THE Malaysian Employment Ordinance 1965 and the Workmen's Compensation Ordinance 1952 are to be extended to Sabah and Sarawak soon to harmonise labour laws and practices in the country. The Ministry of Labour and Manpower has also proposed to extend the Children
      356 words
    • Article
      Lock icon Vendetta charge
      55 3 UPI. AUSTRALIAN Prime Minister Malcolm Fraser accused the American-based Dillingham Corporation on Sunday of conducting an international vendetta against the country. Mr Fraser's remarks are the strongest so far by a Federal minister although there have been persistent claims in government circles for some time that Dillingham has
      UPI.  -  55 words
    • Article
      Rubber-based joint ventures on the rise
      765 3 THE MALAYSIAN government's efforts in encouraging the growth of rubberbased industries are beginning to pay off, Deputy Trade and Industry Minister Datuk Lew Sip Hon said. Several successful jointventure projects involving foreign and local capital have been implemented as a result of efforts by
      765 words
    • Article
      Lock icon KL and Ankara ratify pact
      199 3 AFP. MALAYSIA and Turkey yesterday exchanged the certificate of ratification of their trade agreement signed by Malaysian Prime Minister Datuk Hussein Onn when he visited Turkey in 1976. The instrument of ratification was signed by the secretary-general of the Malaysian Foreign Ministry, Tan Sri Zakaria
      AFP.  -  199 words
    • Article
      Lock icon All set to welcome B'desh President
      151 3 Reuter. BANGLADESH President Ziaur Rahman is scheduled to arrive in Kuala Lumpur today from Bangkok for a three-day state visit during which he will hold talks with Malaysian leaders and sign two blateral agreements, the Bangladesh High Commissioner Major-General K. M. Safiuilah said yesterday.
      Reuter.  -  151 words
    • Article
      Lock icon Philippine nontraditional exports jump
      137 3 AFP. PHILIPPINE manufactured exports rose by 45 per cent last year, amounting to US$l.O3 billion (552.25 billion), according to Manila's Board of Investments. The board said electrical and electronic products which registered a growth of 104 per cent greatly boosted export of manufactures. These non-traditional products
      AFP.  -  137 words
    • Article
      Lock icon Sugarcane
      37 3 Reuter. SURVEYS will begin this year to choose a site in South Kalimantan (Borneo) for a sugarcane estate to produce 80,000 tonnes of granulated sugar annually by 1983, according to Indonesia's Chamber of Commerce and Industry.
      Reuter.  -  37 words
    • Article
      Lock icon Pol Pot wins Round 3 of Poipet battle
      205 3 UPI POL POT gaerillae captared a Kampaeheaa (tmtier Imi iai tu ap their flag at dawa yesterday, reperto fram the harder •aid. Khmer Raage gaerlllaa appeared aa the bridge aver a mail caaaJ which marks the ThaMUuapachea harder. Beperta aald the rebels
      UPI  -  205 words
    • Article
      Lock icon Canberra may call out troops in lorry strike
      373 3 UPI. THE AUSTRALIAN government is considering the use of troops to break a weeklong lorry drivers' strike that has left AH-billion (552.4 billion) worth of goods and equipment rotting and idle on the nation's strangled highways. Tens of thousands of workers are
      UPI.  -  373 words
    • Article
      Lock icon Foreign aid and Indonesia
      172 3 Reuter AN INFLUENTIAL Indonesian Member of Parliament said foreign aid accounts for almost half of the country's development budget despite official statements that it is only supplementary in nature. Mr Hamzah Haz, a member of the the parliamentary budget committee, said of the Government s 3,500
      Reuter  -  172 words
    • Article
      Lock icon Thai-Bangladesh accord on trade
      120 3 AP THAILAND and Bangladesh concluded an agreement yesterday on cultural, trade and scientific cooperation. The agreement came on the second day of the visit of Bangladesh President Ziaur Rahman and his wife as guests of Thailand's King Bhumiphol Adulyadej. The agreement was signed by the visiting
      AP  -  120 words
    • Article, Illustration
      Lock icon OHIRA ACCEPTS HUA'S INVITATION
      203 3 AFP CHAIRMAN HUA Guofeng has invited Prime Minister Masayoshi Ohira of Japan to visit China in the near future. An invitation from Chairman Hua was conveyed to Mr Ohira by Mrs Deng Yingchao, vice chairman of the Chinese National People's Congress, who is in Japan as
      AFP; UPI photo  -  203 words
    • Article
      Lock icon Australia's factories are humming along
      275 3 Reuter MANUFACTURING activity in Australia showed encouraging signs of improvement in last quarter 1978. The Industry and Commerce Department said in its quarterly survey that sales, exports, capacity utilisation and raw material stocks all increased compared with the third quarter. But companies expect less buoyant
      Reuter  -  275 words
    • Article
      Lock icon LDP's 100pc win may trigger early elections
      273 3 Reuter JAPAN'S Ruling liberal Democratic Party (LDP), helped in many areas by its conservative and centrist allies, yesterday scored a landslide victory by winning all 15 gubernatorial elections held on Sunday. The new strength of the LDP means that Prime Minister Masayoshi is
      Reuter  -  273 words
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      128 3 lllubertus Csnll PtMiifcHr. 0 j' <4 W S I, f II J r i .1 w i «xy If! «r V PB "T* I*. I f r* v 4«" J V-< V wr /r L f- For lunch. For dinner. For a richly rewarding experience. A lodye atmosphere and turn
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      637 3 II TWO-IH-CRYPTIC PUZZLE ACROSS 1 To ake a hash as an outside right is rough! (5) 6 Love amid sordid sex, say (5) 9 A piece of bent wire (7) 10 A new beginning in the gaden (5) 11 They don't come straight out of one's head! (5) 42 Some
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  • RAW MATERIALS
    • Article
      Lock icon Proposals for rubber agreement studied
      808 4 Reuter LEADING natural rubber producers and users studied compromise proposals for an international market stabilisation agreement that envisages a $2.70 to $1.50 a kilo price range and a 500,000 tonnes reserve buffer stock. Delegation sources said the proposals were advanced by Mr Peter Lai, Malaysian
      Reuter  -  808 words
    • Article
      Lock icon LME will seek new site
      112 4 Reuter. THE LONDON Metal Exchange (LME) Is definitely seeking new trading premises, Mr lan Foster, chairman of the LME committee said. Mr Foster was commenting on reports that the addition of two new contracts, the introduction of an options ring, and the presence of new
      Reuter.  -  112 words
    • Article
      Lock icon BACK TO NORMAL
      98 4 Reuter SOUTHERN Peru Copper Corp said that operations at its ILO Smelter and Toquepala Copper Mine have returned to normal. The two facilities were shut by a strike on March 13. Operations at the company's Cuajooe Copper Mine, suspended by a strike on March 15, are now
      Reuter  -  98 words
    • Article
      RUBBER
      258 4 OPENING pqfces in Singapore yesterday were marked down initially on lower London advices. The market thereafter eased further on lack of support and profittaking, dealers ssid. Levels turned uncertain towards the morning's close, they said. The morning session closed slightly lower with April One RSS buyers quoted at 276.50
      258 words
    • Article
      Closing prices
      30 4 Rubber; April 9 Singapore: April: 270.25 cent* (down 2.50 cent*) Malaysia: May: 273.50 cents (down 2.25 cents) Tin: 91,981 («P 91) Official offering: 208 tonnes (down 4 tonnes)
      30 words
    • Article
      Straits tin
      63 4 THE STRAITS til price to Pi—i yetterto veaeMfl to tljnpcr pleat, $281 ahcve toe latneitt—el Tto Agrttmmt eeiltog. Pellewlag Saturday's ton ipwrge, prices cMuaea uper, wtoly attrOvM to MMtotoei tog— Earepeaa Mi toe US bay lag demaid, ethZSE*totoj list week. Tetel tiriever trapped slightly to 2M teases trem
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    • Article
      RAS PRICES
      336 4 R.A.S prices in cenu per kilo yestonl*r HI... Int. 1 Rii prompt f.o.b. Int. 1 R-S-S. April 776.50 Int. 1 R-S.S. May 271 JO Int. J RS S 3BJI UK/Ooat 364J0 Int. 1RJLS. *2.50 UK/Coot XI JO lot. 4 R.S.S 399J0 UK/Ooat 258.50 lat. 5 R.S.S. 254JO UK/Owt
      336 words
    • Article
      SSR and SMR
      94 4 NOON 8a R«dSMKpri cm j'«o«ni»r kxa April UTMt Hlk| (Jorjjjf Nik) Bntn g*lkn (l-*aa pdk) SSR 20 ttlOO 2CS.00N *2.00 M4.00N 88*40 <l-toa p*UMI SMJOO 200 00N 240.00 161.OON MRILB Mar Ji IM SMRCV (lloa pattM) moo m00N 274.00 mooN SMR&L (1-toa pallet) *75.00 277.00N moo 277
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    • Article
      Produce exchange
      242 4 THE SINGAPORE Chinese Produce Exchange yesterday featured its traditional dull and lifeless Monday trading. Prices of copra and coconut oil remained unchanged over the weekend as there were no buyers in sight. White pepper had eased slightly, down $2.50 per tonne but black maintained a stronger front and
      242 words
    • Article
      Textiles
      178 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, wpa* ex-fodowa) Gattaa yara: China Blue Pboenix m 2.415; 3te 2JGO; 3.040 (per bate of Win*). PtoM (aada: China Butterfly and Globe brand anq. Drafoa Head uaq; Five Lambe uaq; Flower and Butterfly uaq; FlyWf
      178 words
    • Article
      LONDON MARKETS
      706 4 OILSEEDS: Brokers reported steady price trends (or oils and oilseeds yesterday morning in quiet dealings. Prices were generally raised in line with closing steadiness in Chicago oo Friday and reports of Egypt buying 28,000 tonnes of mixed edible vegetable oils, but buyers generally held off. Cacex, te marketing
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    • Article
      Rice
      329 4 SINGAPORE: Yesterday's closing prices in S$ per kilo, ex-godown: THAI WHITE: 100 per cent first claaa (Kangaroo) mw crop 0.J6, 100 per cent second claaa OJS, IN per cent third daas OJO, 25 per cent new crop no flock, B-10 per cent 0.73. THAI BROKEN: A-super 0.6. Special 0.50.
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    • Article
      Hongkong Comex
      158 4 PRICES for sugar futures yesterday were virtually unquoted throughout in continued quiet and featureless trading, dealers said. May closed at 8.33/35 US cents against Friday's 8.34/ 41 dose, July at 8.63/66 against 8.67/69 and distant March unchanged at 9.65/69 cents. There were no trades registered, as on Friday.
      158 words
    • Article
      Lock icon Seabed a potential major metal source
      313 4 Reuter. DEEP seabed mining has the potential to become a major source of copper, nickel and cobalt and manganese. The potential yield at copper is seen at 715 million short tons, nickel at 36 million tons, cobalt at five million tons and manganese at
      Reuter.  -  313 words
    • Article
      Lock icon China buys more US soybeans
      89 4 Reuter. CHINA has purchased an additional 25,000 tonnes of US soybeans for delivery during the current season ending Aug 31, the US Department of Agriculture's latest export sales report shows. This brings total purchases to date to tonnes, it noted. Meanwhile, the 1979 US soybean
      Reuter.  -  89 words
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      264 4 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
      264 words
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      Page 4 Advertisements Column 2
      0 4 ^_-!?'{=&[.~`@=@?!;=,!&{%<<-;!?
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  • OVERSEAS
    • Article
      Lock icon PLO all out to destroy peace treaty
      348 5 NYT THE Palestine Liberation Organisation (PLO) on Sunday declared an all-out offensive to disrupt the Egyptian-Israeli peace treaty. They will concentrate their attack inside all Israeli-occupied territories. With the presence of its chairman Yassaf Arafat, the PLO's central council endorsed measures to intensify
      NYT  -  348 words
    • Article
      Lock icon Two more Iranian generals executed
      170 5 Reuter TWO IRANIAN generals, a former government minister and a former police officer were executed in Teheran on Sunday night after secret trials by a revolutionary court, the national radio announced yesterday. It named the four as General Amir Housein Rabii, head of the Air
      Reuter  -  170 words
    • Article, Illustration
      Lock icon GROWTH OF NUCLEAR PLANTS SLOWING
      311 5 NYT THE expansion of nuclear energy installations in the world is slowing down, according to experts at the International Energy Agency (lEA) and the Organisation for Economic Cooperation and Development (OECD). They say the tendency will be reinforced by the repercussions of the ThreeMile Island
      NYT; Will be held in 158# concerning noele&r power plants in Sweden. — UPI photo  -  311 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      760 5 ARRIVALS Service Local Operator Number Time From MAS MH682 0710 KCH SIA SQI01 0900 KUL MAS MH621 0640 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CAL CB14 1000 HLP CPA CX710 1005 HLP GIA GA980 1030 HLP MAS MH605 1045 KUL SIA SQ103 1045 KUL
      760 words
    • Article
      Lock icon Truckers' strike talks driving round in circles
      252 5 Reuter. WITH the damage «f a ma jar read haalage strike and leekeat spreading thrsagk the US economy, trade aalaa leaieri and employers have accepted a Federal mediator's plea and agreed to aegetlaBat there Is aa slga af a breakthroagh aa the mala
      Reuter.  -  252 words
    • Article
      Lock icon Britain likely to get first woman premier
      455 5 Reuter. BRITAIN'S general election campaign opens officially yesterday with Mrs Margaret Thatcher, the leader of the Conservative opposition, a clear favourite to become the first woman Prime Minister in European history. Opinion polls have consistently put the Conservatives ahead of the ruling Labour
      Reuter.  -  455 words
    • WORLD IN BRIEF
      • Article
        Lock icon CARTER TOPS THE POLL
        549 5 Agencies PRESIDENT Carter beads a new US News and World Report poll of influential Americans, published on Sunday, but the magazine said 43 per cent of those surveyed rated his leadership as worse than a year ago. The magazine's sixth annual nationwide leadership survey showed Senator
        Agencies  -  549 words
    • Article
      Lock icon Fed's policy on tight money should continue
      915 5 UPI, NYT. THE US Senate banking committee has recommended continuation of the Federal Reserve Board's "tight money" policy and eventual elimination of the federal deficit, committee chairman Senator William Proxmire said on Sunday. The Wisconsin Democrat also said the committee has urged a
      UPI,; NYT.  -  915 words
    • Article
      Senator Jackson's flat 'no' to oil decontrol
      310 5 SENATOR Henry Jackson, chairman of the Senate energy committee, said flatly on Sunday he opposes President Carter's decision to lift federal controls on crude oil prices and he will push to have controls extended for two more years. The Washington state Democrat said
      310 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      81 5 From fashion design. to furniture, n*™* Created by the great French couturier -r- 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 conception of beauty. m
      81 words
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  • Article
    A union of effort will right ICFTU
    427 6 IT IS a sad thing that an international body like the ICFTU should be subjected to so much internal strife. The inception of a world organisation of such importance must have, at the time, represented so much hope. It is also the fruit
    427 words
  • Article
    Super store is not built in one day
    355 6 DAIMARU is a formidable company to compete with and there is little doubt that its entry into the Singapore market poses an even more serious challenge to stores in Singapore. Already, Yaohan has shown that careful and aggressive planning enables the company
    355 words
  • Article
    Airlines short on skilful footwork
    1014 6  -  By A. KADIR JASIN THE AIRLINE industry is too big, too strong and too sophisticated for anybody to challenge. Because of its commanding position and importance, it can rttgrwißß complaints and criticisms without seriously jeopardising itself. The travelling public still has to make use of
    1,014 words
  • Article
    Lock icon LIVING WITH OPEC
    1085 6  -  By JEREMY MORGAN FT. NOT SO long ago, virtually any decision by Opec to raise crude oil prices significantly would have been greeted quickly in the West by loud bowls of despair and gloomy warnings of impending economic doom from band-wringing government officials and supposedly well informed
    FT.  -  1,085 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      197 6 cass wKaKSi- t'*jf APOLLO HOTEL Havelock Road. Singaore 3 Tel: *****1 AMBASSADOR HOTEL ***** Meyer Road, Singapore 15. Tel: *****11 CENTURY PARK SHERATON Nasgim 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
      197 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      46 6 w, UJ€U-,\jJ€LL- ITS BPJSTbOJ... BACK Raom Tne ORU)S ,Of J CSGNSC Of 3>UT\ W/ Olsl DON'T Vou TOk£. LOO£K OPT? ■O 1 is IT ucu. iaci 1 Tup# Does come F*s fa <SuRPRiSt CH .i&PW? W Fpct Thrt it's PbYDftY hps rWvAvHG TQ Dp ufu rf.
      46 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      678 6 Away from home A NICE ww Till BTB carried eat, Ih takes a leak with Dr Wm| Away 4^ fIT "CUW* A llim lU ::r7T '"T »—we*, uigaiy srtLrvtras ss2^*s&r&Tss ■e ii aTiXTtli: •waer Mi Htm la Ike en part at CWfe sad well kMM far Mi heaalltal At l.llpa,
      678 words
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  • Article, Illustration
    HOW TO COPE WITH A COMPETITIVE FUTURE
    2559 7  -  By RONNIE LIM IT IS NOT all "peaches and cream" in New Zealand. At least it certainly is not so in economic terms. New Zealanders complain about a fall in their standard of living, many are disillusioned and lack confidence in the country's
    2,559 words
  • Article
    Lock icon Third World needs a think tank
    924 7 FOBUM S.M h .Ali mU Depthnews AT THE END of any international conference where developing countries continue with their endless dialogue with industrialised nations for a new global economic order, the inevitable question asked is, "How has the Third World fared?" The answer is
    Depthnews  -  924 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      183 7 .'V *L -v. -ft ~v I 1 i •e&* > is c». I u I II < s l.i 111 <)\ sii l •>( > \i :i» T* vr m 3 OoclWi Inn on oosis in the orient 214. Duneorn Rood Singapore 11 Tel: *****2 \si H KHh AN S>
      183 words
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  • Article, Illustration
    Charts indicate an imminent boom in US share markets
    1402 8  -  Wall Street has weathered well the stings and arrows cast its way this year. DONALD F. SINCLAIR considers this a firm base for prices to take off from in the immediate future provided certain political action is taken. DONALD F. SINCLAIR
    1,402 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      109 8 SWITZERLAND The Swiss Franc is one of the world's strongest currencies. How can you make this fact to your advantage? BUY SWISS REAL ESTATE For as little as U.S. $68,000 (or as much as U.S. $458,000) you can be an owner in one of Switzerland's nicest summer-winter resorts. It's your
      109 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Dark clouds are hanging over credit markets
      531 9 NYT. THE CREDIT markets, after brightening for the first two weeks of spring, turned pessimistic again last Friday. Bond prices dropped sharply, pushing interest rates higher, and traders said the price decline would likely continue this week. The losses apparently reflected a growing
      NYT.  -  531 words
    • Article
      Lock icon Bank of Thailand to start repurchase market
      139 9 Reuter THE BANK of Thailand will start a repurchase market for government securities this week to control liquidity in the money market. Banking sources said from April 9, commercial banks can sell their unobligated securities to other banks through the Bank of Thailand
      Reuter  -  139 words
    • Article
      Lock icon Strong $ lowers Fed's holdings
      476 9 Strong lowers Fed's holdings Reuter. CONTINUED strength of the dollar In foreign exchange markets continued to foster a sharp drop in marketable securities holdings at the US Federal Reserve Bank. Market analysts said efforts by Japan and possibly Germany to hold down the dollar's rise were probably the major factors
      Reuter.  -  476 words
    • Article
      Lock icon Divided over higher rate
      734 9 Reuter. THE BANK ot Japan is facing stiff opposition from the government in considering a bank rate rise. Informed government sources said arrayed against the central bank on the question of the need for a boost in the key lending rate are economists in the Finance
      Reuter.  -  734 words
    • Article
      Lock icon APPROVAL FOR BRANCH OPENING
      153 9 Reuter JAPAN'S Finance Ministry has given provisional approval for Japanese banks' plans to open branch offices and representative offices overseas during fiscal 1979 just started. Banking sources said Daiwa Bank and Nippon Credit Bank will be allowed to open a branch office in Singapore and Los
      Reuter  -  153 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        443 9 THE US dollar firmed on European foreign exchange markets yesterday but made little headway In the Par East earlier in the day. Opening at a lower 214.40/ 50 against the yen, the US currency was traded down in the morning to 214.35/45. London opened with the dollar even
        443 words
      • Article
        Asian $ rates
        170 9 Asian rates ASIAN currency deposit Interbank rates as at close on April 9: US MkMSpot) o(fee M Tdnya 10 3/16 101/16 1 month 10 15/*****3/16 2 months 107/16 105/16 3 months 100/16 107/16 6 months 10H 10W 9 months 100/16 107/16 12 months 100/16 107/16 Sw-Fn. Das. fMUiu r.i,.. 1
        170 words
      • Article
        Discount
        6 9 Source: National Discount Co Ltd
        6 words
      • Article
        MLR
        21 9 THE average rate at which Singapore banks are currently prepared to lead to their beat customers is 8 per cent.
        21 words
      • Article
        Euro $ rates
        119 9 Euro rates LONDON Eurodollar deposit rates yesterday opened firmer in thin trading, dealers said. The firmness in rates reflected some reaetidb to last week's falls and speculation that the Fed may feel obliged to tighten its monetary policy in the near future, they added. Fixed dates averaged rises with one
        119 words
      • Article
        Gold
        283 9 SINGAPORE gold futures yesterday closed slightly higher compared with Friday's rinsing after fluctuating narrowly throughout in thin trading, dealers said. Turnover fell marginally to 158 lots against 189 lots on Friday with interest centred on June, August and October' .1. August 'closed slightly firmer at USS249JO/40 an ounce compared
        283 words
      • Article
        London
        283 9 STERLING and the dollar yesterday remained firm, the pound opening at U552.0904/09 from Friday's 2.0860/70 close here, but slightly easier on Hongkong's 2.0916/26 finish, dealers said. Sterling was reported trading as high as 2.0940 overnight, dealers attributing the easing in the morning to modest selling, possibly position squaring ahead
        283 words
      • Article
        Hongkong
        173 9 THE HONGKONG dollar yesterday fell to a late 5.0650/70 against the US unit in late trading from its 5.0250/80 opening* and Friday's 5.0130/80 close. Local money market rates eased during the afternoon, with call quoted about 3/4 per cent lower at 11 per cent and overnight at il% per
        173 words
      • Article
        Tokyo
        153 9 THE US dollar for overnight delivery yesterday closed weaker at 214.40 yen, compared with a 214.70 opening and 215.30 at Friday's close. The US currency moved narrowly between 214J5 and 214.55 yen in moderate latetrading, after an early easiness, dealers said. Trading volume was a moderate US$549 million without
        153 words
      • Article
        Frankfurt
        44 9 FRANKFURT exchanges k U opening quote* on April 9: I US 1M/N (UM/H) Cu I.MB/C 1 w DFI-UM/U 1 M S Fr 1MJ6 /50 Ut 2J3I/3M F Fr O.M/1V NKr p B Fr (CM) US/1 B Fr (Ob) -tZU/ai 4 Yen OJB/75 to
        44 words
  • INTERNATIONAL STOCKS
    • Article
      Lock icon Hongkong
      355 9 Source: SHK Sec Ltd SPECULATORS in the stock market were encouraged by news of an increase of only half a per cent in prime rate over the weekend, and bullish sentiment ahead of Swire Pacific results which are expected to match Jardine's recent announcement. Some institutional buying of the
      Source: SHK Sec Ltd  -  355 words
    • Article
      Selected indices
      27 9 H.K.HANG SENO Monday 534J6 Friday 531.43 Week Ago 528.54 SYDNEY INDUSTRIALS Monday 480.00 Friday 481.00 Week Ago 485.50 ALL ORDINARIES Friday 582.17 Week Ago 587.00
      27 words
    • Article
      Lock icon Market opens firm
      632 9 Tokyo Source: DBS-Daiwa THE MARKET was higher in the morning with interest mainly on resources-related issues, high-priced light-elec-trical issues and some incentive-backed speculative issues, reflecting last Saturday's bullish mood. However, medium-sized blue chips were generally off sharply in the afternoon, as shortterm traders, including individual investors, pounced
      Source: DBS-Daiwa  -  632 words
    • Article
      Bangkok
      211 9 APR OB Bahts Asia Credit 30# unch Asia Fibre m unch Ayuthaya In* And Trnil las unch Bangkok Investment 296 unch Bangkok Bank 3sa unch Bangkok Drying And SI to 3t0 Bangkok Insurance Bangkok Metropolitan Ban 930 unch Bangkok Nylon Bank Of Asia 1*0 224 unch •t Bank Of
      211 words
    • Article
      Sydney
      212 9 u» tmu INDUSTRIALS A O >•>» •1 AMI Mi i l a. r m Ampoi p»v B H P. m n •I -10 Bank NSW am .s BormJ >11 -J C. B. A. BIS unci) C 8 R M II uw Aiuca Duillop E*. I IMS HermM 80 unch
      212 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      42 9 Credit Suisse First Boston (Asia) Limited 2502 DBS BUILDING, 6 SHENTON WAY SINGAPORE 1. DEALERS ASIAN DOLLAR BONDS ASIAN DOLLAR CERTIFICATES OF DEPOSIT FLOATING RATE NOTES CALL: DEALERS TEL *****44 TELEX: R*****1 MEMBER OF CREDIT SULSSE-FIRST BOSTON GROUP OF COMPANIESINTERNATIONAL SECURITIES DEALERS
      42 words
    • Advertisement
      Page 9 Advertisements Column 2
      126 9 iV i CANADA "Quean 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 wiH have nothing more to pay. We will rent your apartment, pay you 6%
      126 words
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  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1657 10 BID and offer prices officially Us ted and business In and reported to the Stock Exchange of Singapore yesterday with the sumber5 umber of shares traded shown i brackets In lots of 1.000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word t Big
      1,657 words
  • Article
    Unit trusts
    159 10 SINGAPORE UNIT RUST i Wu>{m prim tor Ayr M) TV Commerce 2.24 2JB The Saving Fund IJI l ttxd S pore Prog Fund O ff 1.08 S'por* Sec. Fund 1.82 1.93 S* port* Invest Fund 1.30 LM S'pore Equity Fund 1.00 1.05 INCOME BOND UNIT (Carnal prices) Income
    159 words
  • Article
    SHARE INFORMATION SERVICE
    2616 10 1979 Hmk Low >ftl1 Coapaoy Last Sale +orGr*» Div DW Crr Gr*a Y*M Net P/B Vol (•000) Weak Hi«k Low »U <¥1 I SECTION ONE INDUSTRIALS 180 265 74Vj 276 322 202 o-ao 207 123* 110 150 265 60 185 226 177 298 Acma Alcorn Allied Choc
    2,616 words
  • Article
    In Kuala Lumpur
    1809 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 Arma (2.42b) Atoea (1MB) Ales BaM (1.20B) A Ckae < 1
    1,809 words
  • Article, Illustration
    Frenzied rush for stocks as bulls come charging in
    555 10 TRADING m Ike Stock FrNwip ef ftptpere yesterday teak a dtottoctly excited ptce m kails kepi (naM raak tor stock*. Tke epealag market IkSe meve aliaaglj Mgker. la (act, mom krekera n* the Wttal ataeaaiaa as eae that weald ast last
    555 words
  • Article
    Resurgence of buying interest boosts market
    445 10 STRONG buying interest surfaced on the Kuala Lumpur stock market yesterday and prices advanced to close on a very firm note. Trading was lively as buyers chased a number of blue chips to sharply higher levels. Lower-liners also attracted strong spculative interest to close
    445 words
  • Article
    Government bonds
    121 10 4 1/2* 1/8/ SO (250.000) (99 428 90.508) 4 3/4% 15/9/80 (250,000) (90.«0B 99.706) 6 1/4% 1/3/81 (250,000) (100X0B 100X88) (1) 100.19 (2) 100X0 5% 15/4/81 (250.000) (90X0B *****) (2) 9970 6% T F 1/5/83 (250/100) (100.108 100X08) 5 3/4% T F 15/6/81-84 (250/100) (I0I.70S) 6% 13/11/84 (250X00)
    121 words
  • Article
    Stock options
    99 10 Striking prices of the options officially listed on the Stock Exchange of Singapore yesterday. the period, bias and offered prices and business done, if any. with the number of options traded shown in brackMi Storage (June -12.00) (2) OJO. C A C (June $2.60) (0.688 0 71S). ■aw
    99 words
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  • COMPANY NEWS
    • Article, Illustration
      Supreme suffers setback
      864 11  -  By P. GUNASEGARAM AS A RESULT of the cessation of mining activities in September 1977 and the consequent reliance on only property development and plantation activities, Supreme Corporation has reported a decline in profits for the half-year ended Dec. 31, 1978, with group operating profit down 35
      864 words
    • Article, Illustration
      Strong uptrend at Synthetic Resins
      597 11  -  By SUSAN THAM A CHANGE in management in April last year appears to have brought fortune to Synthetic Resins (Malaysia) which made a strong improvement in the first six months of the current financial year. The company's pre-tax profits rose more than eight-fold to MJ751.905
      597 words
    • Article
      DIVIDENDS ANNOUNCED
      632 11 Current Ex Books Date Total for Total for Paymeat Date Close Payable tke year Previous year Hume M 6%I Mar 14 Mar 26 Apr 13 6% 15% K Sidim 5*1 Mar 28 Apr 7 Apr 14 5% 20% A Hitam Tin 150*1 Mar 22 Apr 3 Apr 16
      632 words
    • Article
      SCRIP ISSUE
      177 11 Company Particulars Ex Data Books Close Keck Seng Dm lop Eat P. Products Toshiba Bovis SKA OUB OC BC HK Land Bonus Issue of 1 for 5 Bonus Issue of 1 for 5 Bonus Issue of 1 for 4 Rights Issue of 3 for 2 $1 JO per
      177 words
    • Article
      Time to leave Guthrie shares alone
      622 11 Market Talk... k. A LAURENCE PRUST and Company has commented that the implications of Sime Darby's bid for Guthrie and of its failure are far-reaching and will take time to become apparent. However, the fact that eastern Shareholdings in Guthrie have, as a result
      622 words
    • Article
      Dunlop Industries continues to reap buoyant results
      411 11 DUNLOP Malaysian Industries Berhad has recorded its third consecutive year of substantially increased earnings with group pre-tax Slit up 23 per cent to .36 million for the year ended Dec. 31, 1978. This was due to a high sales volume coupled with stable
      411 words
    • TAKING STOCK...
      • Article
        Lock icon EXTRAORDINARY ACCOUNTING AT U.P.
        355 11 by HOCK LOCK SIEW UNITED PLANTATIONS hat Jut declared —mm heaaa laaae, (to IJrird ateee If*. The latest nHMw lane will swell eapttal U gt.4 mllilm. The far-aae la May 1V» aad eaafeMea^a May im A helder af ahana la IVU dada that he am haa
        by HOCK LOCK SIEW  -  355 words
      • Article
        JACK CHIA-MPH
        142 11 an- nounces the acquistion of the publication rights of Papineau, effective April 1, by its wholly-owned subsidiary, MPH Magazines (S) Pte Ltd. The Papineau's Guides which consists of a series of eight travel books on Asean Lands, Bali, Bangkok, Hongkong, Jakarta, Malaysia, Philippines and Singapore, will be published
        142 words
      • Article
        CENTRAL SUGARS
        110 11 is being queried further by the KLSE on its additional acquistion of 6.17 per cent holding in Pan Malaysia Cement Works. The Exchange wants Central Sugars to state its position in respect of Section 179 of the Companies Act, 1965. The Exchange said that the Foreign Investment Committee
        110 words
      • Article
        MALAYAN FLOUR MILLS
        60 11 is being queried by the KLSE on its proposed bonus issue of one-for-two. It must reply whether there is any expected change in profitability for the current year as compared to the year just ended, Dec 31, 1978 and whether there is any change in the amount
        60 words
    • LATEST RESULTS
      • Article
        RALEIGH CYCLES (M) Bhd:
        35 11 Audited pre-tax loss for the year ended Dec 31, 1978 amounted to M 5268,395 compared to a profit of M|133,083 previously. The directors have not recommended any dividend (5 per cent).
        35 words
      • Article
        WILLIAM JACKS & CO (M) BHD:
        32 11 WILLIAM JACKS CO (M) BHD: Group pre-tax profit for the 18 months ended Dec, 1978 was M 54.03 million ($331,000 loss on sales of $180.18 million ($75.44 million). No dividend is recommended.
        32 words
      • Article
        APOLLO ENTERPRISES:
        47 11 Unaudited pre-tax profit for th year ended Dec 31, 1978 totalled $4.35 million (14.12 million). A final dividend of 10 per cent gross (same) making a total of 15 per cent (same) and a rights issue of one-for-one at SI per share has been proposed.
        47 words
      • Article
        GENTINGS BERHAD:
        55 11 Group pre-tax profit of MJ44.28 million ($27.54 million) on revenue of $81.18 million ($52.18 million) for the year ended Dec 31, 1978. Pfofit attributable was $22.09 million ($17.7 million). A final dividend of 7.5 per cent has been proposed, making 12.5 per cent less tax for the year
        55 words
      • Article
        PAN MALAYAN HOLDINGS:
        51 11 Group profit after minority interests and taxation for the year ended Dec, 1978 was $1.68 million compared to a profit of $1.37 million previously. The directors recommend a final dividend of 5 per cent making a total distribution of 12.5 per cent (12.5 per cent) for the
        51 words
      • Article
        GENERAL SECURITIES INVESTMENTS:
        43 11 Group pre- tax profit of $1.21 million ($493,000) for the year ended Dec 31, 1978. The consolidated net tangible assets as at Dec 31 were $53.9 million equivalent to $1.08 per share based on the issued capital of $50 million.
        43 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      99 11 Thta announcement ipp«tn a* a manor of rocora only 1 The Republic of Indonesia US$ 38,250,000 Medium Term Financing to finance a contract between P.T. Pupuk Kalimantan Timur and The Lummus Company Limited for the construction of an ammonia/urea fertilizer plant in East Kalimantan, Indonesia Managed by Morgan Grenfell Co.
      99 words
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  • Article
    Lock icon TO WEST COAST AGAIN
    103 12 Reuter. fINGAPOBE AHm mU yeetorday It wtt be i Mi hdgfcHi wntee to Btatce^cftor A nakMMi said BIA ehtirMi J.YJf. PUtay, whe neat to the U8 tact week m the hupni flight rf fHAI iihmlW service to Bca Fraaefee*, wu ahie to pet US gaaraa- apakMMa
    Reuter.  -  103 words
  • Article
    Singapore Airlines increases GDP share
    456 12  -  By RONNIE LIM SINGAPORE Airlines' contribution to the economy was up last year, with double-digit growth in its share of gross domestic product, foreign exchange earnings, employment and domestic consumption. In its newsletter, "Outlook," the group said while it has become the mainstay and the
    456 words
  • Article
    Saudi Arabia cuts oil output
    149 12 SAUDI ARABIA announced yesterday it had ctrt back its crude oil production to 8.5 million barrels a day, the level originally set for its output in the first quarter of this year. The country temporarily boosted output by about one million barrels a day to
    149 words
  • Article
    Textile orders to run into 40 m metres
    126 12 A GROUP of major Indonesian textile producers will export 40 million metres of material worth US$2B million (Ss6l million) this year. The president director of the PT Daya Manuggal group, Mr Musa, revealing this, reported increased interest in Indonesian textiles to multivarious
    126 words
  • Article
    LONDON STOCKS
    725 12 LONDON. Mon. Share prices firmed in light buying on the first day of the new fctcount, following weekend news of opinion polls pointing to a Conservative win at the general election, dealers said. Leading shares rose around 3m, to 6p, but some issues closed slightly below the day's
    725 words
  • Article
    Airline staff rated among top four
    241 12 SINGAPORE Airlines claimed its employees are among the world's most productive passenger airline employees. This was disclosed in an issue of "Air Transport World" which carried a report on the commercial performance of lata-affili-a ted airlines for 1977. Though SIA is not a member
    241 words
  • Article, Illustration
    Lock icon Dolly good idea!
    51 12 IMB SHUNICHI Sank!, u—mwitlinj wtifat Mifliite tor the My* gaver—smilee after detttag u eye w the Immw Ml, a nwwaialil aet «f victory. Oappttei by the rattag Liberal P«B*c»tlc Party, toe Oeaa Geverameat Party aad the Pweratte SaetalM Party, Mr Sank! wea the etoettaa. AP pheto. AP
    AP photo  -  51 words
  • Article
    KL rubber product makers seek aid
    462 12 THE Malaysian government has been asked to consider giving freight subsidies to products such as rubber manufactured goods to help increase their export competitiveness. Speaking at the annual dinner of the Malaysian Rubber Products Manufacturers Association, its president, Mr Lim Beng Huat, estimated that
    462 words
  • Article
    China-Japan ties will boost Asian economies
    316 12 ASIA is going to see fast economic growth, international gold and investment adviser James Dines said in Hongkong yesterday. For the first time Japan and China are tied together by their friendship and cooperation treaty and this will have a very strong impact on
    316 words
  • Article
    Lock icon S. Chartered pulls out of clearing house
    115 12 Reuter THE STANDARD Chartered Bank, hit by its employees' wcrk-to-rule action, has announced a temporary withdrawal from the Bank Indonesia clearing house. The announcenfcnt, published over the weekend, means that, until further notice, the bank will not clear foreign currency cheques drawn on
    Reuter  -  115 words
  • Article
    Lock icon MILLIONS IF ONLY...
    161 12 Reuter. ABOUT 500,000 rubber smallholders in Malaysia lo6t an income of about Sf2o million in the last 10 years because they failed to use a new technique of increasing production available to them, a rubber research official said on Sunday. As a result, the government also lost
    Reuter.  -  161 words
  • Article
    The lures of our island to foreign investors
    430 12 SINGAPORE can attract more capital-intensive industries given its favourable investment climate and political stability. Professor Gerhard Schmitt-Rink, who is here on jl 10-day lecture tour sponsored by the Goethe Institute Singapore, also predicted that more European companies will be shifting their relatively
    430 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      116 12 a car of prestigious size at a reasonable price Big cars always cost big money, but not everyone can manage with a smaller vehicle. There are those who crave and need the accommodation, luxury and comfort of a big car. The Mazda 929 L Legato has been designed specifically to
      116 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      61 12 Outlook for Singapore from 6 a.m. to noon today: Local showers in late morning Report f w airport tor 24 prior to 7J p.m. «o April 9 at Maximum temperature 32.8 Associated humidity 64 Minimum temperature.-. 24.4 Associated humidity 97 Hours of sunshine 5.20 Rainfall in millimetres Nil Total rainfall
      61 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Freight rates to rise
        71 13 Reuter ZIM Israel Navigation Co said the Australia to Israel freight rates will rise 7.5 per cent from the next loading of the Trado, due Sydney around April 20. The new rates, negotiated with the Australian Shippers Council, will remain effective until June 30, 1980. Zim's
        Reuter  -  71 words
      • Article
        Lock icon World merchant tonnage
        128 13 Reuter WORLD merchant ships laid up for lack of employment fell to 595 vessels of 27.1 million dwt at the end of February from 600 of 28.9 million dwt at the end of January, according to the General Council of British Shipping. The new figure comprised 196
        Reuter  -  128 words
      • Article
        Lock icon Norway's idle ships
        72 13 Reuter NORWAY topped the list of major shipping nations with ships idle in February, followed by Sweden, West Germany, Denmark and Britain, the General Council of British Shipping reported recently. It said Norway had 11 per cent of its tonnage laid up through lack of employment, Sweden
        Reuter  -  72 words
    • Article
      Why shippers ply halfway
      487 13  -  Asean/US trade By RAHIM KASSIM THE VOLUME of seaborne cargo to and from the Asean region and the US is not large enough to attract operators in the trans-Pacif-ic service to extend their service down to this area. With very few exceptions, the major shipping lines
      487 words
    • Article
      Lock icon P. Klang's cargo handling improves
      203 13 AFP THE PORT Klang authority registered a better cargo handling performance on ships engaged in foreign trade last year despite an increase in the number of ships calling at the port. Its director-general, Encik Harun Din, said in a statement Klang yesterday that the cargo
      AFP  -  203 words
    • Article, Illustration
      Ro-Ro service cuts costs
      197 13 THE ADVENT of the roll on/roll off (ro-ro) mode W transport sparked a trail of innovative applications. One of the latest to make its debut was the flat-top trailer carrier «Knphar". Its arrival at the Port of London Authority's (PLA) Royal Docks last month marked the
      197 words
    • Article
      SHIPPING LIST where your ships are due...and when
      3867 17 KWMHiM:A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of Singapore.
      3,867 words
    • Article
      The Consortia
      135 17 The major shipping consortia operating between the Far East/Eurnne and Straits ports/Australia and member lines. -y ACE (FAR EAST/EUROPE): Franco Belgian Services. 'K' Line Korean Shipping Corporation Neptune Orient Lines Orient Overseas Container Line ANRO (STRAITS/ AUSTRALIA): Australian National Line Australia/Straits Container Line Nedlloyd Lines Neptune Orient Lines
      135 words
    • Article
      INDEX
      439 17 SMpptagLfae PM® CM ACS n 5 Afea IV 3 Alpac IV 5 Angkutan IV 4 ANL i 1 APL m 2 Arya Nat n 5 ASCL m 5 Asia Merchant IV 3 Atlas V 1 Aust.Cont IV 5 Bank n 5 Banner V 2 Batam n 2 BBS n
      439 words
    • Article
      Container Schedules
      985 18 RECEIVING OF EXPORT FCL CONTAINERS AND LCL CARGO AT CONTAINER TERMINAL r. m NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ i Agent and is subject to change U (2) All export FCL containers and LCL cargo must be delivered to the
      985 words
    • Article
      Who acts for whom
      864 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Adriatic Container— Container Feeders. AFEA Line— Singapore Shipping. Ahli Shipping— Sharjah. Alfred C. Toepfer Line— Intermodal. Algerian National Line (CN AN) —Unipacific. Alpac Line—Intrasea. Anhsing Line— Strongwill. Angkutan Pertambagan—
      864 words
    • Article
      Lock icon A way ahead for the Arab shippers
      1715 18 Lloyd's List KUWAIT has three shipping lines with a capacity of more than three million tonnes. The United Arab Shipping Company is the youngest and a pan-Arab venture with six sovereign Arab states as shareholders. Now just starting its third year,the cargo line
      Lloyd's List  -  1,715 words
    • Article, Illustration
      SHIPS IN PORT
      318 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Orkid (1700 tide group I on board) 18 Prince Mara No. 3 (ro/ro) (0530) 10/11 Spetsai (Tanker) (1500 subject gas free P/O) 14/15 Straits Star (1700 after Rajah Brooke) 20 PASS PAN JANG WHARVES Asean Endeavour (1200) CB 5 Gdns 303
      318 words
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      Page 13 Advertisements Column 1
      496 13 D^RLINES^L. EUROPE/FAR EAST SERVICE See Pege IV Column 3 for Sellings LTD Agents SINGAPORE SHIPPING AGENCIES PTE MARKETING 91H22 GENERAL 9t3!lt A Ww EURO ASIA UNE SON BHD Kl *****7 -P KLANG *****1 3 PENENG 64 781/2 lAR I) I\ 1 AMAH Orient Overseas E rirm CHEVUt* Mil 15IT neptuc
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      Page 13 Advertisements Column 2
      563 13 SEALORD LU ANTAH H UASC All vessels ***** DWT, 105 TON H.L. Derrick 288 TEU Capacity, Long Length Capability. ARABIAN GULF WEEKLY SERVICE Vessel S pore Loading for i RED SEA DIRECT SERVICE Vessel S pore Loading for Km mm mm SEALORD SWPMG MEMOES (let Nt. 242K5/00C) 3W FLOOR. MMONA
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      Page 13 Advertisements Column 3
      887 13 u Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. f* Its jlll'l ★L MAERSK LINE for US Pacihc. Gulf 1 jjjwte Easl Canada (Also accept** tor Hofgkoflg. Taiwan. Japan and Korea) ADRIAN MAEJtSK 22 23/4 I 23-24/4 AXEL MAERSK Singapore Own *CT 15 Apr 0700
      887 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      596 14 FULLY CONTARfRtSED TO EUROPE EXPORTS EXPRESS CONVENTIONAL TO EUROPE S pan T Kctin( Pm Oka* Gama Bran* U« Art* MM 18/4 20/4 23/4 19/5 28/5 26/5 23/5 21/5 Wdetfaon 30/4 1/5 4/5 24/5 6/6 4/6 1/6 30/5 FULLY CONTJUHERBED TO GENOA/TRfSTE Spare P Kiiani Cnu k Port 11/4 3t/4 KM
      596 words
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      Page 14 Advertisements Column 2
      370 14 rrf? «JJk_ i Ik CANADA/USA Padfc Coast IS BTTIII. ".I 25-27/4 I 1-3/5 10-11/4 29-3 M W/L w t *PR|SS ARABIAN A*o IRANIAN PORTS (HEAVY-IFT CAPACITY 200 TONS) Tr DUBAI. DAMMAM. KUWAIT. ABU DHABI. BAMUM. BAJOAJt SHMTOUR TIOS Voy .11 Singapore Apr IS/17 TORRENS Voy. 2M. Singapore Apr 11/19 TAMANO
      370 words
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      Page 14 Advertisements Column 3
      529 14 EVERGREEN LINE r FAR [AST EUROPF [XPRFSS FUII CONTAINER SERVICE I ACCEPTMG CARGO FOR HAMBURG FELRSTOWE. ROTTERDAM. ANTWERP It HAVRE AISO ACCEPTMG CARGO FOR UNITED KMGOOM SSUTHWT»rTONDOA. MANCHESTER BIRMMGHAM BRISTOL LIVERPOOL GLASGOW. LEEDS WEST GERMANY BREMERHAVEN HOLLAND AMSTERDAM Spn Hm*wi Lt Emi «U 2»Ap> llfti tim, *"w (mi fetary 151
      529 words
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      Page 14 Advertisements Column 4
      1154 14 Everett Lines Burn* Fhra Star Shipping Corfu. "BURMESE NATIONAL LINE' LOAOMG FOR RANGOON BFSSC Agents m Malaysia TEPS MALAYSIA Port Kalpng Tpl (38) 7366 Penang Tel *****/***** don Intarcontinantai S. A. C.I. F. ENTINE NATIONAL LINE" pmta MKsnw »/n 22/23 May" 24/» MayCtS Transportaoon Maritima Maxicana S. A. "MEXICAN NATIONAL
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      Page 14 Advertisements Column 5
      713 14 mO.S.E. OCEAN SHIPPING ENTERPRISES PTE LTD RM 2102 2103 21ST FLOOR MARINA HOUSE SHFNTON WAY MISTRI ROAD SINGAPORE TEL *****44 7& *****70 isr SANKYO LINE AUSTRALIA SERVICE TMUH ST A* LOGISTIC ACE. 11/13 Apr 25/27 Apr 14/ IS Apr 28/29 A* MB, SYD. Ma. ACQ. SYD. Id. ACQ BANGLADESH SERVICE
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      826 15 dcc Overseas Containers Limited COWMPBWr SOHKt TO m/CCNTJNEMT tfwi r<a SIM Syore Mi*, Dmart Sron fwmf UHm UJ "Apr SMay 3 Iky (14 May) 30 Apr Cart«aoßay 1» Ayr 20 Apr 9H., 11 May 12 May 14 Hay 7 Hay Kmc* Mm 24 Ayr 27 Apr II Hi* 24 Hoy
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      943 15 GRANARD LINE RELUOE l DEPEMMBLf NON-CONFERENCE EXPRESS SERVICE WEST BCMD-FMt EAST/MEDITERRANEAN t*n PJMmf tat U*««Mr MV MMMV.24M 144* MM/r.M PMIMm/ Beirirt/liaasuilattakia/ Pireaw T npok Benghazi MV. SAA4OS PfOCKSS V.2SW 17 Apr »A* 22 A* MM/P Sari Ataandria tarvt lattakia Pveaas/T npok/ Benghazi ■.V. MM MB V-2CM 14 May 17 Mi;
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      Page 15 Advertisements Column 3
      842 15 FTTH CarApa Bat Hasuji Mara ManeMaru Elbe Mary Liverpool Bay Benaron Karama Mara Bremen Eipress Koatoon Bar BEN LINE CONTAINERS EXPRESS CONTAMER SERVICE TO/FROM EUROPE 3/5 (14/5) 29/4 1/t 3/6 4/6 4/6 (I/O 2/1 Kaaaga Man SaM 30/5 21/6 23/t (29/6) 19/6 H BURG B HAVEN R OAM NAME SOTON
      842 words
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      Page 15 Advertisements Column 4
      373 15 Scan Dutch V WAVMW 1*777: "'"'"EE 1} Cta« 2) ITkvt 3) Im> 4) Wtm S) I* 4) V hM SM MM faM kM 14/4 IV4 14/4 14/4 11/4 lt/4 74/4 i) *a». n ii n o*. mtm ?k»ii«■«■,*«*■ i)»«— ailiwiLfc «c i»a« ravm Mwfcii «i» «i*«i CONVENTIONAL SERVICE TO EUROPE
      373 words
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      Page 15 Advertisements Column 5
      565 15 \r BOUSTEAD SHIPPiNC AGENCIES THE BANK LINE LTD. LOADS FOR L ft S. AFRICA l) s P FROM LAST i SOUTH AFRICA MdMar P FOR BANGKOK. MANIA LVKES ORIENT LINE U.S. GULF COAST SERVICE (New Orleans, Mobie, Houston, Galveston) SMfjp«n P KcUnf Pena* US Gtf HONELL LVKES (LOADS) 22/23 APR
      565 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      883 16 K LINE KAWASAKI KISEN KAISHA. LTD. TO EUROPE l Havre R ddm 30 Apt 1 fey Bremen A »etp 4 May 6 May II May 13 May 17 May 19 May 23 May 25 May 30 May 1 tune (acceptmg t*[m is Scandnama na Hamteg) FROM EUROPE TO FAR EAST
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      Page 16 Advertisements Column 2
      858 16 U.S.A./EAST CANADA SERVICE ACCEPTBS fa/ia CONIMKB HUM KMC. P. KEUNG. TORE E.C./6REAT LAKES SERVICE LOMMK FOR: TOM. WMFOU. BMTBBBE. nUHML MOT nmtm IMy 23/» Apr It/a *m 9/10 May. 11/13 Moy CALFORMA/PACFIC NORTH WEST SERVICE Im*« tar LOS ANGELES. MM FMNCSCO SEATTLE. TACOMA. VANCOUVER C Panang Pum Smpvort I Angeles
      858 words
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      Page 16 Advertisements Column 3
      451 16 L (»roup]: SINGAPORE SHIPPING AGENCIES PTE. LTD iC'H KCON 'JCUS BJuON'j S'NCAPO«I MAB«tTiNG 9 1 122 <3 LINES' G£N£«Al 9'3111 ('4 i. IN{ Si 'ELE« «S <4S9S OS iSS«>B A B CASSMrf #€*611 CARGOSHIP V& v/vo U!££L ISIA^I>S MIPDI.k h.AST Rkdl'LAß USER A SAFE WAV TO SHIP BV SSA V*
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      Page 16 Advertisements Column 4
      585 16 MALAYSIA* INTtRKATtOHAI SmMNG CORPORATION BfRHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA WEST BOW): OHCT CALL At P KLLAMG Also ActeHwt for 1) BocMom Genoa 2) Amsterdam Antwerp I Hawe. Bdbao. Basle UK. 3) Bremen Bremeaha»en, Aarkas, Copentiafvn Hrismki 4) Malmo Stockkota. Oslo •Accept** (an#* carpi tor feeder na S port
      585 words
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      Page 16 Advertisements Column 5
      681 16 INTRASEA (PTE) LTD. F.iber House 234E OchatcJ PoaC SmqapoT 9 Telephone *****11 *****57 MDEPCNKNT SOI/FULL CONTNKR SERVICE TO EUROPE S "Kansai Line STRAITS/AUSTRALIA SERVICE GRACE AOELADE V ia. Singapore P Keiang Loadtag tar 15 Apr 13 Apr Sydney/MHboarne'' (TO) LTD *****11 BOOMS 23M057 mt i nunc mm. mm *mn ALPAC
      681 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      56 17 NIGERIAN NATIONAL SHIPPING LINE NNSLFAR EAST/WEST AFRICA Singapore ETA: Lagos Pt Harcourt Oouala Tama Abidjan RIVER JIMINI .27/28 Apr 20 May 28 May 31 May 2 Jun 5 Jun RIVER KEREWA 22/23 May 14 Jun 21 Jun 23 Jun 28 Jun 28 Jun (accapting braakbulk/eontainars) agents bousteao stopping agencies Tal:
      56 words
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      Page 17 Advertisements Column 2
      134 17 .TIYDOVESIAVDRXEVTALLXIES JAKARTA KOlAft DEPOOABU EXPKSS SEXVKC TO A FROM MDONESU HUMS PKfUK STQK OOIMTON OHM MRU.. DOM MMU oar* mti... farAiii T| Prtak (Marts) HENG LEONG SHIPPING CO. PTE. LTD. JUR UN Carnal »jwti Oil SMPPMG CO. (PTC) LTD Rafcaia Houm Suit 1205/1207. Stanton li| apart 1. Tat: *****51 (5
      134 words
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      Page 17 Advertisements Column 3
      58 17 DONG SUE LINE M.V. DONG MOI VOV. IT9 iriMUII At m OKI., nm M.V. KAENUY VOY. 4/1 •nMU* ai ru cum a/M General survey on damped cargo dtKhu|«l ex the above two vessels will be held on Thursday 12th April 1979. as from 9 00 a.m. to 12.00 noon No
      58 words
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