The Business Times, 28 December 1976
1976-12-28
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The Business Times
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Title Section10 1976-12-28 1 BUSINESS TIMES M.C.(P) 1455/7K TUESDAY, DECEMBER 28, 1976 50 CENTS10 words
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NEWS IN BRIEF
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Article56 1976-12-28 1 UPI TOKYO, Mon. A cold weather spell with heavy snow struck extensive parts of Japan today, disrupting air and land traffic. Two dozen long distance trains to and from Tokyo were cancelled as well as 14 domestic flights. Japan's Meteorological Agency predicted continued snowfalls along the sea coastUPI - 56 words
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Article53 1976-12-28 1 AP CHICAGO, Mon. The battle line has been drawn in the struggle to succeed Mr. Richard Daley as mayor of America's second largest city, with blacks on one side and whites on the other. Black leaders were united behind Alderman Wilson Frost, while white leaders backed AldermanAP - 53 words
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Article63 1976-12-28 1 Reuter JERUSALEM, Mon. Israel's two major political parties will compromise on May 17 as the date for new parliamentary elections, spokesmen for the ruling Labour and opposition Likud parties said here today. Motions setting the election date may be presented to the House today. A Bill could beReuter - 63 words
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Article58 1976-12-28 1 Reuter PEKING, Mon. Chairman Hua Kuo-feng has told the people of China that their most important duty in 1977 is to struggle against Chairman Mao Tse-tung's widow, Chiang Ching, and her fellow radicals. In a year-end message, the Chairman gave top priority to the anti-radical campaign whichReuter - 58 words
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Article62 1976-12-28 1 Reuter CAPE TOWN, Mon. Nineteen people were killed and 97 wounded in bitter fighting between blacks in two African townships near Cape Town over Christmas weekend, police said today. Streams of refugees left Nyanga and Guguletu tonwships today to escape the fighting in which at least 10 homesReuter - 62 words
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Article71 1976-12-28 1 From Schmidt to Fukuda. Reuter BONN, Mon. Chancellor Helmut Schmidt has told new Japanese Prime Minister Takeo Fukuda he looks forward to co-operating closely with him in tackling world economic problems, the West German Government said today. The Chancellor did not, however, specifically mention Mr. Fukuda's call on Saturday forReuter - 71 words
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Article67 1976-12-28 1 UPI MILAN, Mon. The Italian lira sank to its lowest value against the US dollar in almost eight months today, trading at 875.05 against the American currency. The drop in the exchange rate, down 1.1 per cent from the 865.40 closing last Thursday, came after the GovernmentUPI - 67 words
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Article44 1976-12-28 1 UPI NEW YORK, Mon. Dow Jones averages, based on the first hour of trading today on the New York Stock Exchange: 30 indust 987.53, up 1.91; 20 transp 232.09, up 0.22; 15 utils. 104.55, up 0.16; 65 stocks 318.65, up 0.51. UPIUPI - 44 words
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Chief Price Changes
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Article, Illustration180 1976-12-28 1 QUIET conditions ruled at the Stock Exchange of Singapore yesterday. Losses outnumbered gains three to one. However, trading volume declined on the downtrend. The Business Times index fell 1.49 points to 264.27 while the Straits Times Industrials average was fractionally lower at 252.35. Foils Most active O180 words
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Article126 1976-12-28 1 Foils Most active Pacific Dev. $0 71 PMC. $2.86 U A C. $3 44 DBS. $400 U.O Bank $3 54 C Prop $1.42 ENE $287 P Bank $2.24 Supreme Corp $1 42 -.06 -.04 -.04 -.04 -.04 04 -.03 -.03 -.03 Pan Electric 136.000 Central Sugars 136.000126 words
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Article, Illustration665 1976-12-28 1 ANTHONY ROWLEY - HECTIC GROWTH SLOWS TO 3 pc By ANTHONY ROWLEY EVIDENCE that Singapore's merchant banking sector has moved into a period of consolidation, following the hectic growth it enjoyed initially, is provided by newlypublished figures on banks' assets and earnings. They show that the total assets665 words
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Article125 1976-12-28 1 THE Asean Federation of Accountants has been formed and a draft constitution approved, which now awaits ratification by national accounting organisations of the five Asean countries. This was announced yesterday by Mr. Tan Hee Chai, vice-president of the Singapore Society of Accountants (SSA). Mr. Tan said125 words
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597 1976-12-28 1 SOME 200 travel agency operators are liable to prosecution if they fail to apply for a licence by the end of this month. The Travel Agents Act, 1975, which came into effect on Dec 1, 1976, provides that anyone who has been carrying597 words
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447 1976-12-28 1 BEIRUT, Mon. Saudi Arabia will raise its crude oil production by almost 20 per cent in 1977 to meet increased demand for lowerpriced Saudi Oil, The Middle East Economic Survey said today. The oil newsletter, quoting "an authoritative Saudi source", said "Saudi447 words
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436 1976-12-28 1 THE thumping PAP victory in the general election has injected Singapore's business community with a fresh dose of confidence. Big business interprets the election result as a vote for the political and economic stability necessary for continued economic growth and foreign investment. Industrialists436 words
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330 1976-12-28 1 CONSUMER prices in Singapore have been on a more favourable trend than in practically the whole of Asia over the past six months, and compare very well with trends in the West. This is one factor which emerges strongly from the latest monthly digest of330 words
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345 1976-12-28 1 Pernas actions in line with bumi policy Razaleigh KUALA LUMPUR. Mon. Pernas has successfully penetrated the fortress of British investment in this country by acquiring control in two major companies recently, according to the Finance Minister Tengku Razaleigh Hamzah. He explained that Pernas. with an initial capital of MSI2O million,345 words
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Article102 1976-12-28 1 DATUK Hussein Onn, Prime Minister of Malaysia, yesterday congratulated Mr. Lee Kuan Yew for his "decisive victory" and the People's Action Party's "overwhelming success" at last Thursday's elections. Datuk Hussein was among several world leaders who sent congratulatory messages to Mr. Lee. The others included Mrs. R.D.102 words
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Article115 1976-12-28 1 Reuter TOKYO, Mon. Indonesia signed an 18.88 billion yen (*****.6 million) loan agreement here today with Japan to finance its development projects, the government Overseas Economic Co-operation Fund announced. Of the total loan, 11.87 billion yen will be supplied for two projects to build roads in Lampung.Reuter - 115 words
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Page 1 Advertisements
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Advertisement39 1976-12-28 1 cpMncbflre# 3 See Page Two INSIDE Overseas news/TV Radio Overseas news/Features Local Co news International Co news Local stocks Overseas stocks P7 Commodities P8 Transport communications P9 Features PlO Local Overseas news PI 1 Local Overseas news Pl 239 words
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Advertisement62 1976-12-28 1 p to You can buy almost anything now and arrange payments to suit your personal budget. For further details, write to our Accounts Department for a brochure. J0 n() HI NSC )\S SPECIALISTS' SHOPPING CENTRE Orchard Road Singapore 9 Tel: *****2 SHOPPING HOURS Mons Tims Weds Fri 9.45 am to62 words
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Advertisement99 1976-12-28 1 U-BIX COMPLETE COPYING SYSTEM APS ELECTRONICS (PRIVATE) LIMITED S-rVMXX* >1 IJMO2 14 L>nni APS ELECTRONICS <M> SON BHD HUALAIOMPUW ?*****?51«0 EXPORT. GOOD FOR YOUR OUSIHeSS, GOOD FOR SINGAPORE. The Chartered Bank takes the complications out of export and puts the service in. More than 1500 branches all over the world.99 words
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OVERSEAS
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461 1976-12-28 2 Economist. NEW YORK: The Ford administration is leaving office half convinced that the United States needs a stockpile of raw materials as an insurance against peacetime .crises, not just against the risk of war. Waiting for the Carter team is a batch of studiesEconomist. - 461 words
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205 1976-12-28 2 TEL AVIV With three hats already In the ring, there is an unprecedented scramble for the Labour Party's nomination for premier. For the first time since Israel was created in 1948, the rank and file of the ruling Labour Party will have a say in205 words
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Article, Illustration48 1976-12-28 2 PLAINS, Mon.—Mr. Bert Lance, President-elect Jimmy Carter's budget chief talking with newsmen outside the Plains Methodist Church yesterday. Mr. Lance told newsmen there is a possibility of a US$l5 billion (5537.8 billion )taxcutasa method of stimulating the economy AP photo. AP photo.AP photo. - 48 words
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211 1976-12-28 2 Reuter NEW YORK, Mon. US interest rates are expected to respond shortly to the recent reduction of bank reserve requirements by the Federal Reserve Board, money market analysts said. The market performed erratically last week as dealers showed some disappointment with federalReuter - 211 words
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Article154 1976-12-28 2 AP LONDON, Mon British Premier James Callaghan has told the Soviet Union he is "extremely disappointed" at the low level of Soviet orders from British Industry, according to a report in the Times of London. Mr. Callaghan complained to the Soviets that trade between the two countriesAP - 154 words
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Article160 1976-12-28 2 UPI NAIROBI. Mon. Palestinian guerillas warned today that they will strike at targets either In the United States, Europe, Africa or Asia in the coming year to avenge the Israeli commando raid on Uganda's Entebbe Airport. Official Uganda Radio monitored In Nairobi said a spokesmanUPI - 160 words
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Article194 1976-12-28 2 AP ROME, Mon. Italian Labour Minister Tina Anselmi won approval of the Cabinet on Thursday for proposed legislation to ban discrimination against women in the labour market. The proposed law, which will be presented to parliament for consideration, bans "discrimination of any kind based on sexAP - 194 words
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Article166 1976-12-28 2 UPI SEOUL. Mon. South Korea has informed the Soviet Union through third countries that it hopes to conduct fishery operations in Russia's 320-km economic zone, Seoul newspapers reported today. Quoting government sources, the reports said South Korea has made it clear it would be wiHing toUPI - 166 words
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844 1976-12-28 2 Reuter DACCA, Mon. The economy of Bangladesh, one of the world's poorer nations, is showing encouraging signs of revival, but even its own planners caution that there is a long way to go. The country's exports boomed by 48 per centReuter - 844 words
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418 1976-12-28 2 NYT MEXICO CITY, Mon. The Mexican Government has announced plans to raise the price of its oil exports by 10 per cent and to increase foreign sales of crude oil to at least 400,000 barrels per day by 1982. Although Mexico isNYT - 418 words
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Article70 1976-12-28 2 AP ISLAMABAD, Mon. Pakistan's six opposition parties announced today their tentative willingness to participate in next year's general election, but expressed dissatisfaction over the state of political and civil rights in the country. The parties, which have grouped themselves into the United Democratic Front, met in Lahore, 288AP - 70 words
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Article461 1976-12-28 2 AP OTTAWA, Mon. Prime Minister Pierre Elliott Trudeau said yesterday he would not minimise the danger of civil strife if largely French-speaking Quebec moves to break away from the rest of Canada. In a television interview, Mr. Trudeau repeated an earlier statement that heAP - 461 words
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Article175 1976-12-28 2 Reuter NEW YORK. Mon. US trade unions are expected to Increase demands for pay rises, cost of living protection, and benefits for working women by 1977 labour negotiations, the conference board's labour relations forum said. It expects that first-year wage and benefit packages in contracts coveringReuter - 175 words
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Article288 1976-12-28 2 Reuter WASHINGTON. Mon. A US government lawsuit against one of the biggest American grain trading companies. Cook Industries, is the first of several actions expected to recover millions of dollars of public funds lost in grain trade frauds, officials said today. The Justice Department lastReuter - 288 words
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Article116 1976-12-28 2 AP CAIRO. Mon. Egypt has asked the United States and the Soviet Union to spell out their specific plans for achieving peace in the Middle East, it was reported yesterday. The semi-official newspaper A 1 Ahram said Egypt asked the two superpowers to write theirAP - 116 words
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306 1976-12-28 3 NYT VIENNA, Mon. Eastern European officials are shuttling between their capitals and Moscow to obtain economic concessions and additional assistance for their countries from the Soviet Union, according to information available here. The pressing economic problems of the Soviet Union's European allies are believedNYT - 306 words
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Article, Illustration548 1976-12-28 3 WASHINGTON, Mon UPI AP WHILE oil-producing countries have grown richer in recent years, the world's poorest nations have made almost no economic progress, according to figures released on Sunday by the World Bank. The data, which will become part of the bank's 1976 atlas, toUPI; AP - 548 words
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396 1976-12-28 3 AP WASHINGTON. Mon. China has been an erratic buyer of American farm products, but two reports published by the US Agriculture Department today indicate that US officials are hopeful of some regular trade in the future. Beginning in 1972, farm exports to ChinaAP - 396 words
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Article, Illustration1518 1976-12-28 3 EDWIN DALE Jr - By EDWIN DALE Jr. NYT IT ALL began in early 1966 with a largely deliberate understatement by the Johnson Administration to the tune of US$lO billion in the initial cost of the Vietnam war. It ended, perhaps fittingly, withNYT - 1,518 words
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Article890 1976-12-28 3 PRIVATE BANKS ADD TO THE EVER INCREASING... LONDON, Monday THE Job of financing the huge balance-of-pay-ments deficits of the world's poorer countries Is still being left largely to the private banking system. Governments have become increasingly concerned (they say) at the exposure of their banks,890 words
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Page 2 Advertisements
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Advertisement166 1976-12-28 2 A&r&/ x^tjudzrarfa/ < KUALA LUMPUR Where the byword is service. Fast, efficient, smiling service. A helping hand at your elbow, a warm spontaneous smile with your drink, genuine concern for your comfort and ease. Naturally we've facilities of international standard: luxurious rooms, convention facilities, speciality restaurants serving first-class Continental, Japanese166 words
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Page 2 Miscellaneous
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Miscellaneous88 1976-12-28 2 WEATHER report for 24 hours prior to 7.30 p.m. on Dec 27 at Singapore airport: Maximum temperature 29.9° C Associated humidity 72 Minimum temperature 23.6° C Associated humidity Hours of sunshine 5.30 Rainfall in millimetres trace Total rainfall for the month 166.7 Total rainy days for the month 13 BnStow:88 words
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Miscellaneous246 1976-12-28 2 RADIO TV SINGAPORE 5 3.00 P.M. Opening Annoucements followed bv Flvina Nun (r) 0 3.2sDiary of Events (English) 3.3oMagazine Zero One (r) 3.45 General Hospital 4.25 Intermission 6.osOpening Annoucements followed by The Swiss Family Robinson "Terror on South Island" 0 6.30 News in Brief 0 6.35 Krazy Kat 7.00 The246 words
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Page 3 Advertisements
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Advertisement213 1976-12-28 3 SOUTH CHINA MORNING POST Subscription rates: 3 months for Ssl36 (inc. postage) 6 months for ***** (inc. postage) 12 months for ***** (inc. postage) Single copies at 551.50 each Place your order with the Circulation Dept., Times Publishing Bhd. Tel: *****1 New Issue All these bonds having been sold, this213 words
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COMPANY NEWS
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1165 1976-12-28 4 PROFIT growth at Batu Kawan has dwindled from a hefty 75 per cent In 1974/75 to a mere two per cent for the year ended Aug 31, 1976. Group pre-tax profit came to M$ 12.55 million compared with $12.24 million previously. The lower1,165 words
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607 1976-12-28 4 AFTER three years on the profit plateau, Acma Electrical Industries Is pinning Its hopes on Increasing export sales to hit the growth path again. For the period 1968-73, the company saw an average annual compound growth rate of 70.6 per cent In pre-tax607 words
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Article167 1976-12-28 4 MR. PETER J. HOLZER, vice president and general manager of Chase Manhattan Bank, recently announced the assignment of three Singaporeans to its head office in New York for a period of two to three years. They are Messrs. David Ban Song Long, Tang Meng Tat and Lim167 words
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Article88 1976-12-28 4 CHEMICAL INDUSTRIES (FAR EAST) Unaudited pre-tax operating profit $1.10 million ($1.30 million) for the first six months ended Sept 30, 1976. ALEXANDRA HOLDINGS Unaudited group pre-tax operating profit $238,611 ($344,853) for the first six months ended Sept 30, 1976. Parent company pre-tax operating profit $142,381 ($217,958) on Income88 words
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COMPANY MEETINGS
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25 1976-12-28 4 THE following company meetings are due: Dec 29, 9.30 a.m., Registered Office, Penthouse, 10th Floor, Wisma Central, Jalan Ampang, Kuala Lumpur.25 words
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Article19 1976-12-28 4 Dec 29, 11 a.m. Conference Room, 14th Floor, Bangunan Hong Leong, 117 Jalan Bandar, Kuala Lumpur.19 words
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Article447 1976-12-28 4 Current Ex Date Total for Total for payment Date payable the year previous year Bukit Katil 10*+ Dec 8 Dec 28 10%+ 16% P.M. Holdings Island A Pen. 7.5% Dec. 14 Dec 29 7.5% 12.5% 7%+ Dec.7 Dec 29 7%+ 13% Metal Box Bhd. 5%+ Nov 26 Dec.447 words
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Article, Illustration1447 1976-12-28 4 DIERDRE CARMODY - This week Rupert Murdoch, the Australian publisher, will take over as the new owner of the New York Post. The following article looks at Murdoch and his plans for the Post. A companion piece describes what he has done with twoNYT - 1,447 words
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Article872 1976-12-28 4 JAMES P. STERBA - By JAMES P. STERBA NYT EVERY day, a young businessman here puts 15 cents into a street-corner rack for a local newspaper that he thinks is absolutely horrible. It's called the News, and he cannot resist its shrill, eye-popping headlines. He collects and mailsNYT - 872 words
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Page 4 Advertisements
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Advertisement504 1976-12-28 4 THESE ARE THE BOOKS THAT HITLER BURNED I cjr KZ Z .■TF-r n2Z> T l r^ i C t Z^ v W r i ills II *r i^| ia 3 3---, 5: -1 9 m •I "!•>) ,A 7 I r-r-- ---3 >! >1 '»< „j I,: 'J> f» f-504 words
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INTERNATIONAL COMPANY NEWS
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Article93 1976-12-28 5 SYDNEY, Mon. Hooker said the Murchlson Brothers Investment Partnership of Dallas, Texas, exercised an option, erolrlng Dec 29, to take up 2.38 million Hooker shares at 50 Australian cents par. The Murchlsons have options to take up a further 594,000 shares at 75 cents and 594,00093 words
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Article79 1976-12-28 5 ROTTERDAM. Mon. Nederlandse Aardolie Mlj (NAM) said it struck gas in the fifth drilling in block L--2 of the Dutch continental shelf. The first well had shown the presence of gas but the next three were dry. NAM said. The high pressure of 600 atmospheres under which79 words
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Article80 1976-12-28 5 TOKYO, Mon. Nippon Steel said it and Nissho Iwal have jointly won a six billion yen order from Abu Dhabi Marine Areas (ADMA) for the construction of a 55 miles long oil pipeline linking ADMA with its offshore oilfields Zakum and Ummshalf in the Gulf. The pipe-laying80 words
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Article55 1976-12-28 5 BRUSSELS, Mon. GB-Inno-BM said it proposes a one-for-25 scrip issue. The issue, independent of any dividend which may be declared for the financial year ending Jan 31 next, involves capitalising 99.24 million francs of reserves and issuing 99,243 new shares. This will raise issue capital to 2.6955 words
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Article81 1976-12-28 5 SAN FRANCISCO. Mon. Natomas said a federal district court judge ruled that the company did not violate anti-fraud laws in its 1974 acquisition of Thermal Power. The ruling by Judge Cecil Poole came in a suit brought by a stockholder who also accused Natomas of violating federal securities81 words
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Article277 1976-12-28 5 Reuter TOKYO, Mon. Sony Corp expects to boost both consolidated sales and net Income by 14 to 15 per cent In the current financial year from the record levels of US$l.5B billion and $104 million respectively reported for the 1976 year ended Oct 31, executiveReuter - 277 words
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Article159 1976-12-28 5 Reuter OTTAWA, Mon. The Canadian Government approved a proposal by Denison Mines and four foreign partners to establish a coal mining operation in northeastern British Columbia to produce about nine million tonnes coal per year for export, Industry Minister Jean Chretien said. Approvals were made underReuter - 159 words
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137 1976-12-28 5 Reuter LONDON, Mon. The UK Energy Department said Shell UK and Esso Petroleum have agreed In principle to government partlciKation In their North Sea oil iterests. Memoranda of principles will be signed on Jan 5,1977, when further details will be released, energy secretary Tony BennReuter - 137 words
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Article84 1976-12-28 5 Reuter TOKYO, Mon. Okasan Securities said it has established a joint venture called Okasan International (Asia) in Hongkong jointly with two other Japanese and six local concerns. Okasan International, which will undertake securities underwriting business, is capitalised at HKS2 million with Japan's Okasan holding 30Reuter - 84 words
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Article267 1976-12-28 5 Reuter TOKYO, Mon. Toyo Kogyo has achieved a big turnround In the year ended Oct 31, 1976, with after-tax profit of 1.05 billion yen against a loss of 1.67 billion yen previously. Sales rose to 588.21 billion yen from 496.49 billion yen. The company is maintainingReuter - 267 words
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140 1976-12-28 5 Reuter DETROIT, Mon. The continuity of the business of American Motors depends upon the availability of adequate financing as well as an Improvement in operating results, AMC's auditors Touche Ross said. The auditors made the statement In a qualification to their audit of theReuter - 140 words
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791 1976-12-28 5 NYT NEW YORK, Mon. The stock market is winding up 1976 in seemingly good shape. Both Interest rates and the inflation rate are at their low for years. The lagging economy shows signs of revival. And president-elect Carter is standing In the wingsNYT - 791 words
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Article1383 1976-12-28 5 Exit a bearish year FOREIGN STOCK MARKETS NYT NEW YORK, Mon. While many American Investors are complaining that 1976 has been a so-so year for the stock market foreign stockholders have done worse much worse. In the United States, the Dow Jones industrial average advanced 15.6 per cent to 985.62NYT - 1,383 words
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Article719 1976-12-28 5 ROBERT METZ - By ROBERT METZ NYT IN the disastrous bear market of the first half of the nlneteen-seventles, no Industry group suffered more In the stock market than the real estate Investment trusts those portfolios of real estate holdings modelled on mutual funds and designed to open theNYT - 719 words
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Page 5 Advertisements
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Advertisement165 1976-12-28 5 -v. *4 'i: <■•• i in Singapore. Chief Representative: Saburo Itoh. We are Japan's oldest trust bank and command a key position in the Mitsui Group. Our services are worldwide in scope. We have the research capability, a worldwide network and the best of personnel to serve you. In commercial165 words
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Article1988 1976-12-28 6 wmmm mm® imi hhmmmi SECTION ONE INDUSTRIALS 1976 High Low Company Last Sale +orGr'i div Div c'vr Gr'» y'M Net P/E Vol COW) Day High Low 175* 206 100 Tan 186 402 204 248 460 137 135* 172 60 185 66 254 149 172 394 39 Ac1,988 words
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Article1159 1976-12-28 6 BID and offer prices officially Hated and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets In lots of 1000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "Bett Big Board1,159 words
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Article1230 1976-12-28 6 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 Acma (1.308 1.388), XRI. A|lnamata (1MB) U> 180 Alcam (2 12Bi1,230 words
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Article168 1976-12-28 6 SINGAPORE UNIT TRUST (Manager*' price* for Dec 28) The Commerce 1.74 1.84 The Saving Fund 0 96 I 01 S pore Prog Fund 0 80 0 85 S pore Security Fund 1.29 1 38 S'pore Invest Fund ...104 1.10 ASIA UNIT TRUST (Manager*' price* for Dec 28) Mai168 words
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Article143 1976-12-28 6 B O T 8 1/2% 1981 (100.000) (103V«B 103*S) D B S 8 1/2% 1982 (100.000) (9Q'jß IOO'jS) DBS Convert* 6 1/2% 1991 (100.000) (988 995) E I B 9% 1982 (100.000) (102*.8 103*«S) E I B 8 1/4% 1983 (100,000) (100B 100*«S) I B J 8143 words
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Article105 1976-12-28 6 5 1/2% 15/4/78 (1,000,000) (101 538 101.635) 5 1/4% 15/7/78 (1,000,000) (101.308 101.375) 7% 1/7/79 (1.000,000) (104.808 104.905) 5 1/4% 15/10/79 (1,000.000) (100 708 100.85S) 6 3/4% 15/6/80 (1.000.000) (102.958 103 05S) 6 3/4% 1/12/80 (1,000,000) (102 SSB) 5% T F 15/4/81 (1,000.000) (101.358 101.455) 5% T105 words
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Page 6 Advertisements
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Advertisement230 1976-12-28 6 i c~* if i > ti 1 4 J <■ r fe jC '/v L#&f& ppsfp 1 '..&,<■<■*>' r -Z <■-. >••_♦ > .< W m •v m PR J& ■<"- 'W>> f" v> ;>. m u A A <:• >; H>. ■S •v Alex Josey has long been an230 words
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Article452 1976-12-28 7 TRADING conditions turned quiet and easier at the Stock Exchange of Singapore yesterday. Both speculative and investment support was at a low ebb as the market was still in a festive mood. Reflecting the very quiet conditions were the volatile issues which saw only scattered452 words
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Article360 1976-12-28 7 CAUTION was the watchword at the Kuala Lumpur Stock Exchange yesterday, when it traded for the first time under the requirements of the Securities Industry Act. Transactions from yesterday onwards would be under a new set of rules and regulations of the restructured KLSE, and the first360 words
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OVERSEAS MARKETS
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Article503 1976-12-28 7 TOKYO: The market surged to a further year's high on Monday in active trading, on widespread demand In anticipation of stimulatory economic measures by the new cabinet, dealers said. The Dow Jones average rose to 4.973.69. up 31.40 with volume 400 million shares. The New Index was 381.45 up503 words
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Article191 1976-12-28 7 MANILA: Mining and oil Issues advanced strongly at the opening on Monday and closed with substantial gains, dealers said. Commercials remained firm, and overall turnover rose substantially. Mines led the gainers, supported by rising metal prices, and uninterrupted drilling at Western Palawan continued to generate positive demand for oils,191 words
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Article80 1976-12-28 7 DEC 27 Bants ♦A Asia Fibre 110 Bangkok Bank 241 ♦2 Bangkok Invest 129 Bangkok-Metro-politan Bank Bata 359 Berll Jucker Charoong Thai Wire 152S Dumex DusltThant Faber Merlin First Trust 140S unch Indo-Thal J And J Ho 164 unch Jalaprathan Cement 77 unch Karnasuta 35S unch Lee Kwang Mln80 words
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Article15 1976-12-28 7 THE London, Hongkong and Sydney stock markets were closed yesterday for Boxing Day.15 words
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Article489 1976-12-28 7 Reuter TOKYO. Mon. The Finance Ministry has dropped for the time being the idea of allowing Japanese commercial banks to issue bonds overseas, ministry officials said. They said the ministry still wants the banks to secure more lonfe-term external liabilities to balance long-term assets, andReuter - 489 words
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Article161 1976-12-28 7 Reuter TOKYO. Mon. For the year ended Oct 31, 1976, Olympus Optical has reported a rise in after-tax profit to 3.18 billion yen from 2.69 billion yen on sales up to 53.57 billion yen from 45.94 billion yen last time. With the improved performance, Olympus has raised theReuter - 161 words
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Article209 1976-12-28 7 Reuter TOKYO, Mon. The Finance Ministry said net foreign investment in Japanese bonds and debentures during November rose sharply to an all-time monthly high US$293 million compared with $126 million in October. The previous high was $243 million in March, 1976, the Ministry said. TheReuter - 209 words
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1145 1976-12-28 7 PETER KILBORN - EURODOLLAR BUSINESS By PETER KILBORN NYT ALONO the cluttered gray streets of the financial centre of London, a district that's as morose as any here over the harsh turns In the British economy, the Eurodollar business Is thriving. This is the awkwardly named businessNYT - 1,145 words
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Article673 1976-12-28 7 NYT NEW YORK, Mon. Of the many fast food companies in this nation, none has so captured the imagination of investors as McDonald's corp. While some fast food companies were skirting ruin or even going under in the early lflrfos when the fallout from overexpansion was greatest, McDonald'sNYT - 673 words
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Briefly
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Article72 1976-12-28 7 LUXEMBURG, Mon. The European Investment Bank announced loans totalling £30.7 million to British Petroleum. The loans, for £19.9 million and £10.8 million, are for eight years with a coupon of 8.5 per cent. The first will help finance construction of an acetic acid plant while the second will contribute72 words
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Article76 1976-12-28 7 Reuter WASHINGTON. Mon. The International Monetary Fund said the Interest rate it pays on the special drawing right and Its remuneration rate will remain unchanged at four per cent in the first quarter of 1977. The remuneration rate is the interest rate the IMF pays on super gold trancheReuter - 76 words
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Article80 1976-12-28 7 FRANKFURT, Mon. The German Government will issue a 750 million mark seven per cent six year loan at par and a 750 million mark 7V4 per cent 10 year loan at 99 per cent, the Bundesbank said following a meeting of the Federal Loan Consortium. For both issues, 50080 words
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Article56 1976-12-28 7 BANGKOK, Mon. Thailand is ne gotlatlng for a six billion yt;n loan from Japan for aifrlculture development projects, manager of the government-run Bank for Agriculture and Cooperatives, Mr Chamlong Tohthong, said. He gave no details but said Jajjan granted a two billion yen loan to the Thai government five56 words
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Article28 1976-12-28 7 LONDON, Mon. Sumitomo Heavy Industries plans to raise a US$2O million seven year Eurobond, Daiwa Securities said as Joing lead manager. No further details were Immediately available.28 words
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Article697 1976-12-28 7 NYT NEW YORK, Mon. The year's Christmas shopping season, which softened after a vigorous start, concluded with a strong flurry that spelled a vital difference to many retailers across the nation and gave a smaller number doubledigit gains over 1975. Sales advances of four per centNYT - 697 words
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Page 7 Advertisements
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Advertisement168 1976-12-28 7 Sv •STV-r-.; u ?>.v. A3® ■fl/f ?K>^nV 'V'V 3-fc k* \*Ss <®S *3 r**i. v»" fc- H V ■I if* > rvvs A< '^sT > Jr A '"V 4 tfHWSfcS Only Qantas gives you 28 departures to Australia and Europe every week. Singapore Amsterdam Athens Bahrain Belgrade Brisbane Darwin Frankfurt168 words
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Money and exchanges
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Article409 1976-12-28 8 An easier tendency was noted in the overnight rates in the Singapore domestic money market despite attempts by some banks to withhold funds from the i >ystem. Before lunch, overnight n ites fell to as low as 3Vi and 3 oer cent from the opening le\ 'el of around409 words
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Article154 1976-12-28 8 Asian rates ASIAN currency deposit Interbank rates as at close on Dec 2 7 US Dollar* (Spat) 7 days 1 mth 2 ruths 3 mths 6 mths 9 mths 12 mths 5 1/2 5 3/8 5 4 7/1 5 1/16 4 15/18 5 7/16 5 5/16 5 1/2 5 3/6154 words
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Article231 1976-12-28 8 IN the early part of last week, the market continued easy although a slight reduction in market sur&luses was noticed. owever, in advance of the election Holiday, funds ran short and overnight Interbank funds were taken up to 10 per cent. The latter part of the week saw231 words
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Article144 1976-12-28 8 TOKYO, Mon. The dollar for overnight delivery closed lower at 292.80 yen, compared with 293.40 at the opening and at Friday's close, reflecting Increased sales of dollar export bills for year-end reasons, dealers said. There was also some yen buying for Investment In Japanese stocks In view of a144 words
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Article31 1976-12-28 8 FRANKFURT exchanges quoted on Dec 27. US 2.3665/85 Can 2.3320/50 UK 3.988/4.003 Neth 95.67/82 Switz 96.60/80 Italy 2.695/725 France 47.40/55 Norw 45.66/76 Belg con 6.532/547 Belg fin 6.545/555 Japan 0.8040/806031 words
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Article62 1976-12-28 8 Minimum lending rates (in ACBC r. 6% Algemene Bank 8* Bangkok Bank .7* Bank of America 6*4 Bank of China .7* Bank of Tokyo .6*4 Bank Negara Indonesia .7% Chartered Bank 6V, Chase Manhattan 6*4 DBS 6'4 First Chicago .6% Citibank 6^4 HSBC 7 Indosuez 8% Malayan Banking 6\ Mitsui62 words
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COMMODITIES
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Article42 1976-12-28 8 TOKYO, Mon. Natural rubber futures fir med up in active trading wit h gains of 1.9 yen to 3.5 yen, following a reported decllnc in local motor tyre stocks, dealers said. The Malaysian and Singapore rubber markets were closed yesterday.42 words
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Article26 1976-12-28 8 THE Straits tin pr ice In Penang yesterday was unchanged at $1,25(1,000 per picul on an official offering up 90 tonnes to 27i'» tonnes.26 words
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Article14 1976-12-28 8 Mondav Saturday US J U» Spore .131 01B Closed 134.32S Closed <♦> Average price.14 words
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Article103 1976-12-28 8 BANGKOK, Mon. Indicative prices for rice quoted in Bangkok yesterday were: US dollars per tonne fob basis Bangkok Whteßice: 100 per cent Ist class 290 100 per cent 2nd 275 100 per cent 3rd 270 5 per cent 258 10 per cent 237 15 per cent 234 20 per103 words
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Article125 1976-12-28 8 CHINESE PRODUCE EXCHANGE. SINGAPORE NOON CLOSINO PRICES PER PICUL YESTERDAY Coconut Oil: Bulk SB5 sellers, old drum 190 sellers, new drum $95 sellers Copra Mixed (loose) UK/Com. $54 buyers. Pepper Muntok ASTA white f o b. 100% NLW 5295 sellers. Sarawak white to b 90% NLW 1280 sellers.125 words
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Article342 1976-12-28 8 Reuter RANGOON, Mon The Burmese government is taking steps to increase rice production, which has risen this year to just over five million tonnes from 1975's 4.8 million, but still stands well below the 7.4 million tonne average of the years before the SecondReuter - 342 words
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813 1976-12-28 8 WASHINGTON, Mon If there is any subject more vital to futures traders In farm commodities than the global weather outlook, It Is government agricultural policy. Thus. President-elect Jimmy Carter's nomination of Mr. Robert S. Bergland, a Minnesota wheat and grass seed grower, to813 words
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Article227 1976-12-28 8 LONDON, Mon. A meeting between Ivory Coast shipper Jacques Borie and representatives of European commodity dealers to discuss the problems surrounding shipment of 15,000 tonnes of cocoa ended after six hours In Paris last week. London commodity traders were hoping a formula would be worked out to227 words
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Article566 1976-12-28 8 UPI CHICAGO, Mon. Before private ownership of gold became legal In the United States two years ago, speculators expecting huge purchases by Americans bid up the price of the metal, and found practically no demand for gold here. But demand has picked up lately notUPI - 566 words
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Article104 1976-12-28 8 Reuter KUALA LUMPUR, Mon. Bank Negara Malaysia said its gold and foreign exchange reserves fell to M 55.84 billion at Dec 15 from $5.94 billion on both Nov 30 and In mid November 1976. Its fortnightly balance sheets showed total assets also fell to $6.63Reuter - 104 words
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Advertisement631 1976-12-28 8 Confront Singapore's decision makers in Business Times For only $3.50 per single column centimetre Business Times, Singapore's new financial daily, offers you the most costeffective medium to reach Singapore's top businessmen. The decision makers of industry and commerce. Politicians, civil servants, the media and more. It's people like these who631 words
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TRANSPORT AND COMMUNICATIONS
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Article, Illustration1157 1976-12-28 9 MICHAEL DONNE - TO RELEASE STATE FUNDS FOR FURTHER PRODUCTION, BAC AND AEROSPATIALE MUST SELL FIVE MORE AIRCRAFT By MICHAEL DONNE Financial Times CONCORDE salesmen from the British Aircraft Corporation and Aerospatiale are stepping up efforts to dispose of the remaining five unsold aircraft from the 16Financial Times - 1,157 words
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Article172 1976-12-28 9 Reuter WASHINGTON, Mon. The United States army today placed its first contract in plans for a fleet of 1,107 transport helicopters to maKe it competitive with the Soviet Union. The contract, initially worth U*****,600,000 (***** million) for the first 15 helicopters and continued development,Reuter - 172 words
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Article85 1976-12-28 9 Reuter LONDON, Mon. Brazil has ordered a multi-million sterling offshore oil production platform from a Scottish company. A spokesman for the company, McDermott Scotland, said it had received a letter of Intent for the order from Petrobras, the Brazilian state-owned company. The value of the orderReuter - 85 words
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Article, Illustration416 1976-12-28 9 EXPECTED ARRIVAL TODAY KEPPEL WHARVES Ava (2100 after Yue Kwok) 40/41 Centaur (0600 after Baotlng) 13/14 Cerro Grander (3ERA) (1500 after King Dragon) 25/26 Cherry Blossom (B. Barge) (0800 tbc) 20 East Foutune Runner (1700) 6/7 Frotabelra (1800 after Righteous) (Draft 9.15 m) 5 Golden Horse (1500 after416 words
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Article71 1976-12-28 9 AP WASHINGTON, Mon. The International Development Association announced It has approved a US$lO million (Ss24 million) credit for the rehabilitation of the port of Rangon. The credit from the World Bank affiliate will assist In deepening the access channel to a depth of 4.5 metres belowAP - 71 words
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Article30 1976-12-28 9 UPI TAIPEH, Mon Saudi Arabia has signed a US$3O million (Ss72 million) loan agreement with Taiwan to support the country's rallraod electrification project, government sources said today UPIUPI - 30 words
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986 1976-12-28 9 DAVID RENWICK - The five million people of the Caribbean community have five competing airlines. They might soon have to accept that it is better for one strong carrier to survive than for several weak airlines to go down. in LONDON 1 —By DAVID RENWICK FinancialFinancial Times - 986 words
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Article590 1976-12-28 9 ARRIVALS Service Local Operator Number Time From CAL CI331 0040 TPE/HKG/KUL TMA TL303B 0215 BEY/DXB/ BOM/KUL MAS MH682 0810 KCH JAL JL7I2 1000 HLP SIA SQ211 1010 HLP GIA GA980 1030 HLP GIA GA908 1100 MES CALTAX PKCFD 1130 PKU SAS SK971 1130 CPH/BKK RBA BI325 1155590 words
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242 1976-12-28 9 STRAITS Steamship, on behalf of Blue Funnel Line, has entered into a slot charter arrangement with Neptune Orient Lines (NOL) on the Straits/Australia trade route. Under the charter terms, the company will have a one-third share of the container slots on both NOL vessels on242 words
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Article125 1976-12-28 9 UPI TOKYO, Mon The manufacturer of the Mercedesßenz car has Informed Japan's Transport Ministry of a defect In the steering mechanism of some of Its models. Daimler Benz of West Germany reported to the ministry It found improper spot welding on mounting points of the steering gearUPI - 125 words
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Page 9 Advertisements
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Advertisement61 1976-12-28 9 This announcement appears as a matter of record only. S$ 4,500,000 secured medium term loan for 0 MARITIME (PRIVATE) LIMITED Incorporated in Singapore Managed By SINGAPORE INTERNATIONAL MERCHANT BANKERS LIMITED (SIMBL) Provided By Bank of Montreal Continental Illinois National Bank Trust Co of Chicago Continental Bank The Hongkong and Shanghai61 words
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Article, Illustration1187 1976-12-28 10 THE YEAR HAS BEEN A BUSY ONE ON THE EQUITIES MARKET. NONE OF ITTHOUGH IS FOR THE ORDINARY INVESTOR. NOORJAHAN KARIM REPORTS... A GREAT deal has happened in Malaysia's corporate sector during 1976, but remarkably little of It has involved the ordinary1,187 words
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Article, Illustration776 1976-12-28 10 THOMAS LAND - By THOMAS LAND Financial Times WORRIED by dismal standards of Industrial efficiency, the Soviet Union has launched a gigantic campaign against alcoholism. "Drylng-up" stations for the compulsory detention of drunkards are being established in many areas. Special local commissions to organise and oversee theFinancial Times - 776 words
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Article, Illustration1082 1976-12-28 10 JUAN DEONIS - By JUAN DEONIS NYT THE Peruvian military government, disillusioned with Its experiment In Third World socialism, Is restoring private enterprise In much of the economy. President Francisco Morales Bermudez, leader of the moderates who displaced an Influential leftwing group In the armedNYT - 1,082 words
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Page 10 Advertisements
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Advertisement492 1976-12-28 10 Business Management in Penguins THE DEBT TRAP HOW TO I SURVIVE THE SLUMP A to tcooowx C*** ftawnocfc The Debt Trap: Cheryl Payer The International Monetary Fund is the most powerful supra-national government in the world today. This book is about the efforts of poor nations to gain some control492 words
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458 1976-12-28 11 Viets could be buffer against China', says Young AP ATLANTA, (Georgia), Mon. Mr. Andrew Young, who has been selected to be US Ambassador to the United Nations, says repairing America relations with Vietnam could make that country "a buffer against China" and an outlet for US trade. "We need aAP - 458 words
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Article104 1976-12-28 11 Reuter JAKARTA, Mon. Indonesia expects net income of US$2OO million (Ss49o million) annually from its liquified natural gas (LNG) plant at Bontang. East Kalimantan (Borneo), which will start commercial production next March, according to a project officer. The officer said the project was nearing completionReuter - 104 words
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Article95 1976-12-28 11 MANILA, Mon. Philippine President Marcos said today he hopes to visit Japan next year. He did not specify a date. "I intend to comply with my diplomatic obligations as soon as possible," he told a news conference In reply to a Japanese correspondent's question. Asked whether he95 words
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Article, Illustration406 1976-12-28 11 UPI HONGKONG, Mon. One of China's leading agricultural specialists said development of the country's agriculture "has fallen much behind," according to Peking Radio. In a report to a national conference on agriculture, now under way In Peking, Mr. Chen Yung-kuel outlined policies aimed atUPI; AP photo - 406 words
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302 1976-12-28 11 UPI TOKYO, Mon. Asian economic columnist Joseph Ready said recently that "with luck" the Philippines might be South-east Asia's economic growth leader in 1977. The prediction by the British businessman columnist was made in his annual Asian forecast published byUPI - 302 words
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Article41 1976-12-28 11 Reuter TOKYO, Mon-Job seekers in Japan rose and offers fell in November, with the seasonally ad Justed ratio of of fers to seekers falling to equal the year's low of 0 58, the I.abour Ministry said ReuterReuter - 41 words
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Article, Illustration1518 1976-12-28 11 AN ALARMING NEW REPORT WARNS OF THE... NYT WASHINGTON: Pre-sident-elect Jimmy Carter will receive an intelligence estimate of long-range Soviet strategic intentions next month that raises the question whether the Russians are shifting their objectives from rough parity with United States military forces toNYT - 1,518 words
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169 1976-12-28 11 AP WASHINGTON, Mon. South Korea will get more than US$35 million (5W5.7 million) In additional US farm commodities uhder a new food for peace arrangement, the US Agriculture Department said on Thursday. Officials said the aid supplements earlier commodities pledged to SouthAP - 169 words
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157 1976-12-28 11 Reuter TOKYO, Mon. Japan's seasonally-adjusted mining and industrial production index rose a preliminary 2.2 per cent In November to 128.5 (base 1970) from a revised 125.7 In October, the Ministry of International Trade and Industry said. The Ministry said the preliminary November index was 15.5Reuter - 157 words
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543 1976-12-28 11 BID TO LURE FOREIGN CAPITAL AP BANGKOK. Mon. A new investment Bill aimed at promoting the investment climate in Thailand passed its first reading last Friday in the 340-member of the National Reform Assembly. The Bill drafted by the Government was submitted by PrimeAP - 543 words
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435 1976-12-28 11 NYT ISLAMABAD, Mon The Pakistanis, who regard themselves as America's staunchest ally In South Asia, are viewing the advent of President-elect Jimmy Carter with serious apprehension. "I am really concerned about some of the things he has been saying." a highranking official here declaredNYT - 435 words
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88 1976-12-28 11 UPI BANGKOK, Mon. Prime Minister Thanin Kraivichien has announced a partial land reform programme that he said would make more than two million Thai peasants landowners in the next four years. He said the programme involves the redistribution of eight million raiUPI - 88 words
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Advertisement633 1976-12-28 11 APPOINTMENTS DIRECTOR INSTITUTE OF EDUCATION The Institute of Education, Singapore invites applications for the post of Director This is a very challenging position which offers a gross monthly salary in the region of $4,000/- pm and attractive fringe benefits which include an annual allowance equivalent to one month's basic emoluments,633 words
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Article394 1976-12-28 12 AP Reuter BANGKOK, Mon Communist insurgents killed 22 government soldiers on Saturday In a north Thailand ambush, the worst such attack In the history of Thailand's brushflre war, a military spokesman In Bangkok said today. Insurgents opened fire on a truck and a JeepAP; Reuter - 394 words
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148 1976-12-28 12 KUALA LUMPUR. Mon. The staff of the National Joint Council has asked the Prime Minister to arrange an urgent meeting with the cabinet committee on the Ibrahim All commission report. The request Is contained in a letter which, together with a 300-page costing report148 words
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Article252 1976-12-28 12 KUALA LUMPUR, Mon. A new era in oil industry has begun in Malaysia in which Shell hopes to continue to play a major role, its outgoing chairman and chief executive, Dr. Richard Hu, says in his New Year message to the company's magazine Berita252 words
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Article82 1976-12-28 12 Reuter OSLO, Mon. Deliveries of natural gas from theFrigg field to the British consumers are expected to start next October 1, some 18 months behind schedule, a spokesman for Elf Norway, operators of the field told the Oslo paper Arbelderbladet. Development of the Frigg field, sltutated aboutReuter - 82 words
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Article, Illustration208 1976-12-28 12 EVER since the Malaysian rlngglt started to weaken against the Singapore dollar, eventually falling below par against our currency In April last year, the rlngglt has never been able to regain the trround It lost. This year the closest the rlngglt came to being208 words
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Article128 1976-12-28 12 UPI TOKYO, Mon. Six major Japanese steel makers have decided to extend for another year their voluntary restrictions on steel exports to the European Common Market, the Ministry of International Trade and Industry reported today. The group, including Nippon Steel Corp., enforced a one-year voluntaryUPI - 128 words
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Article278 1976-12-28 12 ANOTHER department store may open up In the Orchard Road area If current negotiations between a property subsidiary of Slme Darby Holdings and a prospective tenant come to a successful conclusion. The Sime group owns a 24-storey ccommerclal and residential development off Orchard Road called278 words
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662 1976-12-28 12 Reuter MANILA, Mon. President Marcos today said a peace agreement signed In Libya with Muslim Separatists from the Southern Philippines was "tentative", and will be "thrashed out again" in negotiations, beginning Feb. 3. The agreement, including a ceasefire and an er.d to all PhilippineReuter - 662 words
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Article84 1976-12-28 12 A PETITION to wind up Amalgated Bus Company (ABC) has been filed In the High Court by Motor Traders on grounds of insolvency. Motor Traders, in its petition, alleged that ABC failed and neglected to pay its debt of $11,397.16 with costs obtained in a84 words
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Article54 1976-12-28 12 THE International Federation of Forwarding Agents Associations (FIATA) will stage Its first seminar on vocational training In August next year. The ten-day International seminar In Mltterdorf/Styrla Is for teachers and training staff, responsible for vocational training In the member countries of FIATA. Registration forms will be sent soon54 words
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Article26 1976-12-28 12 A SUIT was filed In the High Court yesterday by Mr Lee Boon Chin, trading as ABC Timber Co, against Orchid Woodcraft for $71,126.55.26 words
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Article154 1976-12-28 12 AP JAKARTA, Mon. President Suharto has expressed hope that US-Indonesian relations will be enhanced under the administration of US President-elect Jimmy Carter, Indonesian Ambassador to Washington Rusmin Nurjadin said today. Mr Jurjadin told reporters following talks with Mr. Suharto that he believed there will beAP - 154 words
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Article109 1976-12-28 12 DACCA, Mon. Soviet Deputy Foreign Minister Nikolai Flryubln left here for Singapore after four days of talks with Bangladesh officials and promised that Soviet economic assistance to Bangladesh would be "streamlined and enlarged." Mr. Flryubln, speaking to reporters at Dacca airport, praised Bangladesh's success In economic fields109 words
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Article84 1976-12-28 12 THE Singapore Institute of Management'* course on "Applied Strategic Corporate Planning" beginning Jan 17, ia meant for middle and upper level managers concerned with planning, about to assume planning responsibilities, or desiring to become better acquainted with recent planning concepts and techniques. Four other courses scheduled for84 words
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333 1976-12-28 12 'US Japan summit should come first' Reuter TOKYO, Mon. Japanese Prime Minister Takeo Fukuda said he believes a summit meeting between Japan and the US should precede a multilateral summit meeting of industrialised Western nations. He told a press conference a multi-lateral meeting should be held as soon as possibleReuter - 333 words
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Article104 1976-12-28 12 PROMET WINS $20mil CONTRACTS THE Promet Shipyard Group In Jurong has won $20 million worth of contracts for two civil engineering projects and the construction of vessels for Its US and Bahrain clients. Tne nrst $15 million contract Is for the construction of a harbour Jetty for the Mlna Sulman104 words
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Article26 1976-12-28 12 AP VIENNA, Mon. Tremors were registered for the second day in a row in Austria's westernmost province of Voralberg today. No damage was reported. APAP - 26 words
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Article318 1976-12-28 12 SINGAPORE may be sending its first trade delegation to India in the near future, but definite plans have not been drawn up yet. The chambers of commerce here have agreed, in principle, to accept an invitation issued to them in October by the Federation318 words
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Article34 1976-12-28 12 Reuter TOKYO, Mon. US Presi-dent-elect Jimmy Carter has sent a message of congratulations to Mr. Takeo Fukuda on his taking office as Japanese Prime Minister, Chief Cabinet Secretary Sunao Sonoda said todayReuter - 34 words
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227 1976-12-28 12 IT appears almost certain mat Singapore Airlines has decided to continue using its award-winning "A way with people" theme in its advertising campaign for the coming 1977/78 financial year. SIA executives say that although they cannot state for certain that the advertising approach227 words
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Article82 1976-12-28 12 Reuter ST SIMONS ISLAND, (GA.), Mon. Presidentelect Jimmy Carter today began a three-day meeting with his Cabinet appointees and senior economic advisers. The economy is expected to be the main topic under discussion, and Mr. Carter has indicated he expects draft proposals to emerge from theReuter - 82 words
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Advertisement158 1976-12-28 12 Keep in touch with business developments in Singapore wherever you are in the world Subscribe now to Business limes BUSINESS TIMES Singapore's Financial Daily Subscription Rates (in Singapore currency) Surface mail Zone Singapore Malaysia, Brunei Overseas Second class airmail (Individually wrapped and mailed) Zone Brunei. Sarawak, Sabah Australasia/Pacific (excluding Hawaii)158 words
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Advertisement112 1976-12-28 12 Newsweeg The only truly international n.w«_B JANUARY 3 SS A special year-end (Dec 27/ Jan 3) issue printed on mechanical paper highlighting where we're going, as wel I as where we've been. •MONEY TROUBLE Its Not Over Yet •OPEC Breaking Ranks NEWS HIGHLIGHTS OF 1976: 8 Pages In Full Colour112 words
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