The Business Times, 25 January 1977
1977-01-25
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section10 1977-01-25 1 BUSINESS TIMES M.C.(P) 300/1/77 TUESDAY, JANUARY 25, 1977 50 CENTS10 words
-
NEWS IN BRIEF
-
Article66 1977-01-25 1 KUALA LUMPUR, Mon. The Dewan Rakyat and Dewan Negara will meet here for a two-day special sitting on Wednesday and Thursday to discuss the Ibrahim All Report. Prime Minister Datuk Hussein Onn Is due to meet representatives of Cuepacs and Its affiliates tomorrow, where It Is expected the66 words
-
Article84 1977-01-25 1 AP TOKYO, Mon. China's Chairman Hua Kuofeng has given what amounts to a public expression of confidence In two leading communists, recently under fire from supporters of ousted Vice Premier Teng Hslo-plng. The two are Wu Teh, Mayor of Peking, and Chen Hsl-llen, commander of theAP - 84 words
-
Article72 1977-01-25 1 Reuter LONGOfc, Mon. Fleet Street, hub of Britain's national newspaper industry, today saw another of its giants, the Daily Express, capitulate to the modern tabloid form. Faced with a drop in circulation from four million to 2.5 million dally copies over the last decade, the Express,Reuter - 72 words
-
Article65 1977-01-25 1 Reuter BRUSSELS, Mon. The Belgian national bank's composite economic indicator fell 3.13 to 82.58 in December from 85.71 in November, its eighth successive monthly decline from a peak of 101.64 in April last year, bank statistics show. The central bank said the drop reflects a decline inReuter - 65 words
-
Article52 1977-01-25 1 AP NICOSIA, Mon. Christians in east Beirut went on strike today to protest the entry of Arab League peacekeeping troops there in force, a Lebanese radio reported. The "Voice of Lebanon," operated by the Christian Falangist Party, said the strike affected shops, schools, universities restaurants and places ofAP - 52 words
-
Article65 1977-01-25 1 KUALA LUMPUR, Mon. The price of mandarin oranges has dropped by 33M cents a kg during the weekend. A spokesman of the Kuala Lumpur Hawkers and Petty Traders Association said the retail price of mandarin oranges is now $3.60 per kg for the bigger and better quality65 words
-
Article31 1977-01-25 1 Reuter MADRID, Mon. The President of Spain's Supreme Council of Military Justice, Lieutenant General Emlllo Villaescusa Quills, was kidnapped outside his home today, the Europa Press Agency reported. Reuter.Reuter - 31 words
-
Article42 1977-01-25 1 UPI NEW YORK, Mon. Dow Jones averages, based on the first hour of trading today on the New York Stock Exchange: 30 indust 962.43, unchanged;2o transp 231.01, up 0.40; 15 utils 109.89, up 0.32; 65 stocks 316.16, up 0.30. UPIUPI - 42 words
-
-
Chief Price Changes
-
Article, Illustration170 1977-01-25 1 VERY quiet trading conditions prevailed in the Stock Exchange of Singapore yesterday with shares generally tending a shade lower. At the close, the Business Times index inched 0.60 point up to 262.% while the Straits Times Industrial index slipped 0.30 point to 255.82. Falls Most octive D170 words
-
Article109 1977-01-25 1 Foils Most active M. Banking $6.10 -.10 Haw Par 159,000 Pan Electric Prima $2.88 Sel. Dredging $4.86 M Flour $2.70 -.07 -.06 -.05 116,000 Central Sugars 71,000 General Lumber 57,000 S. Trading $5.65 -.05 Total Turnover: 0.99 M Tongkah Harb. $2 10 -.05 Total Value: M$1.96 M109 words
-
-
1127 1977-01-25 1 ARMED WITH A $160 m LOAN KUALA LUMPUR, Mon. Genting Highlands has sewn up a MS 160 million term loan with 11 merchant and commercial banks in anticipation of a general cash bid for all Golden Hope shares. The details will be finalised today1,127 words
-
802 1977-01-25 1 SINGAPORE companies whose shares have been singled out by the stock exchange for option trading yesterday appeared In general to be happy, feeling that this would be of benefit to their shareholders and to the stock market. The 6nly reservation expressed among the 10802 words
-
754 1977-01-25 1 CYCLE and Carriage will make another attempt to bring in Malaysian shareholders for its whollyowned Malaysian subsidiary, Cycle and Carriage Bintang. via a public offer of shares. The last attempt at offering equity participation to Malaysian shareholders In line with the country's New Economic754 words
-
Article, Illustration127 1977-01-25 1 THE Straits tin price yesterday reached a new high when it shot up to M 51,460 per picul, MS 135 above the International Tin Agreement ceiling. It is also about 10 per cent higher than the price ruling two weeks ago before heavy demand127 words
-
Article101 1977-01-25 1 UPI RIYADH, Mon. Saudi Arabia today signed an agreement to sell 292.5 million barrels of oil to French companies over the next three years, spokesmen for the companies said. The agreement means that France will get approximately 45 million tonnes of oil from Saudi ArabiaUPI - 101 words
-
Article188 1977-01-25 1 Reuter LONDON, Mon. Britain today announced that It Is raising a US$l.5 billion ($3.7 billion) loan on the International capital market. A Treasury statement said the syndicated loan would be over seven years. Interest rates will be at an average margin of less than oneReuter - 188 words
-
Article199 1977-01-25 1 A MAJOR move to boost Singapore exports was announced by the Government yesterday. From today, the Monetary Authority of Singapore's rediscount rate for eligible pre-export and export usuance (term) bills will be reduced from four to three per cent. "The new rate," explained the MAS "will199 words
-
Article145 1977-01-25 1 THE Singapore Chinese Chamber of Commerce (SCCC) sent out polling cards to members yesterday for the election of a new management committee. The cards were checked by the election sub-committee before despatch. The majority Hokkien dialect group received 2,938 cards; the Cantonese dialect group and the Sankiang145 words
-
Article115 1977-01-25 1 THE Prime Minister, Mr. Lee Kuan Yew. is suing J.B. Jeyaretnam, secretarygeneral of the Workers Party, for alleged slander. Mr. Lee. in a writ filed at the High Court here, is claiming damages from Mr. Jeyaretnam for "slander" and asking for an injunction to restrain him, his115 words
-
Page 1 Advertisements
-
Advertisement48 1977-01-25 1 WORLD RENOWNED DYNA -A 25 from Denmark is now available from Hi Fi Dealers INSIDE Overseas news/TV Radio Overseas news/ Features Local A International Co news Features Local stocks P8 P2 Overseas stocks PS Commodities PlO P3 Transport A Communications Pit P4 Local A Overseas P5 news PI248 words
-
Advertisement61 1977-01-25 1 *7,ail jar Bp'***! 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. i;< >m\s< )\s SPECIALISTS' SHOPPING CENTRE Orchard Road Singapore 9 Tel: *****2 SHOPPING HOURS Moos Tims Weds Fri 9.45 am to 6.30pm61 words
-
Advertisement98 1977-01-25 1 11-BIX COMPLETE COPYING SYSTEM APS ELECTRONICS (PRIVATE) LIMITED Sineaoor* *K *****2 <S l<nw> APS ELECTRONICS (M) SDN BHD HUACAIUMPUP T* **********0 ML EXPORT. GOOD FOR YOUR BUSINESS, GOOD FOR SINGAPORE. The Chartered Bank takes the complications out of export and puts the service in. More than 1500 branches all over98 words
-
-
OVERSEAS
-
315 1977-01-25 2 Reuter NEW YORK, Mon. Americans arms makers believe that Israel Is selling military equipment based on US technology to Third World countries, according to Time magazine. There is a subtle campaign of criticism against Israel by some US arms manufacturers resentful of AmericanReuter - 315 words
-
196 1977-01-25 2 AP TOKYO, Mon. Japan's National Defence Council has decided to postpone an important conference it has scheduled for Thursday in order to get a better concept of the new US Government's defence policy when US Vice President Walter Mondale arrives here for consultation on Saturday.AP - 196 words
-
Article, Illustration1080 1977-01-25 2 UPI WASHINGTON, Mon. President Carter plans to seek a worldwide reduction of arms sales, and will move "quickly and aggressively" to reach agreement with the Soviet Union to ban atomic tests and reduce nuclear stockpiles. When asked If he really thought it wasUPI - 1,080 words
-
337 1977-01-25 2 UPI TOKYO, Mon. Canada will ask Japan to revise the nuclear co-operation agreement between the two countries at a meeting here starting next Wednesday, allowing Canada to inspect Japanese nuclear facilities using Canadian uranium, a Japanese newspaper said todav. The Malnlchl Shimbun saidUPI - 337 words
-
Article493 1977-01-25 2 AP PARIS, Mon. The head of a government-backed French strategic studies institute says that a debate in the United States about possible Soviet military superiority is false and that US forces remain "clearly dominant." "It's part of an alarmist campaign of intoxication that just does notAP - 493 words
-
272 1977-01-25 2 Reuter NEW DELHI. Mon. Mrs Indira Gandhi today celebrates her eleventh year as Prime Minister as the opposition parties prepare to try and unseat her In general elections in March. Mrs. Gandhi announced the general elections five days ago after 19 months ofReuter - 272 words
-
214 1977-01-25 2 AP LONDON. Mon. Britain's new 320-km fisheries limit has done little to deter East European vessels, and there are "strong suspicions" that Soviet vessels in particular are exceeding their quotas in the North Sea sprat fishery, the Fishing News reports. The authoritative newspaperAP - 214 words
-
Article64 1977-01-25 2 AP BANGKOK, Mon. Preparations for the first congress of the newly named "National United Front of Vietnam" to be held at the end of this month are in full swing, the Voice of Vietnam said today. The purpose of the Congress is to merge all revolutionary frontAP - 64 words
-
643 1977-01-25 2 Reuter LONDON, Mon. Well- 1 placed monetary analysts l believe British interest rates could fall more quickly than publicly envisaged by the Government, especially If recent currency Inflows, estimated at well over US$l billion (552.45 billion) In the past tew weeks, are retained.Reuter - 643 words
-
Article647 1977-01-25 2 Reuter TOKYO, Mon. The Japanese Government's official forecast of 6.7 per cent real ONP growth In fiscal 1977 starting April 1 looks slightly optimistic to many private economists here, who doubt private sector demand will rise quite as quickly as the Government hopes. Telephone Interviews withReuter - 647 words
-
579 1977-01-25 2 AP TOKYO, Mon. Under a new revision of the nation's unemployment laws, the Japanese Government has ordered many companies to hire handicapped persons or be fined. The law Is aimed at companies employing 300 workers or more. Under a revision last October ofAP - 579 words
-
Article203 1977-01-25 2 UPI KUWAIT. Mon, The Soviet Union has approached a number of Arab memberi of the Organisation of Petroleum Exporting Countries to form a separate oil cartel with Moscow and East European countries, the newspaper Kuwait Times reported today. "The Soviet justification for a new oilUPI - 203 words
-
Article126 1977-01-25 2 UPI MONTREAL. Mon. Premier Rene Levesque says he will not be going to New York this week with hat In hand, but with the intention of convincing American businessman that his policies for improving the Quebec economy are compatible with his government's plans forUPI - 126 words
-
83 1977-01-25 2 AP WASHINGTON. Mon. Preliminary figures by the US Customs service show that meat imports last year were held within the limit set by 1976 quotas. The agency reported that less than 0.5587 billion kgs of quota-type meat were imported against the quota of 0.5593AP - 83 words
-
435 1977-01-25 2 Reuter LONDON, Mon. Britain's top private companies will be equally controlled by workers and shareholders If recommendations of a controverslal government report are implemented. The report, due to be published on Wednesday, has been leaked to the press by industrialists stated to be opposed toReuter - 435 words
-
Article, Illustration264 1977-01-25 2 Reuter TOKYO, Mon. Australian trade union leader Bob Hawke arrived here today for discussions with Japanese' business and Government leaders amid a threat of new Industrial action against Japanese ships In Australia. Mr. Hawke, President of the Australian Council of Trade Unions (ACTU), headsReuter - 264 words
-
171 1977-01-25 3 Reuter TOKYO, Mon. Central banks of more than 50 foreign countries now hold yen assets, mainly Japanese Government bonds and other yen bonds, in accounts with the Bank of Japan, financial sources said. The number Increased by more than 10 during 1976, as countriesReuter - 171 words
-
Article97 1977-01-25 3 Reuter HOLLYWOOD, Mon. Arab tourists gambling in Britain last summer helped restore the fortunes of the Playboy magazine and nightclub empire, Mr. Hugh Hefner, chairman of Playboy Enterprises, said yesterday. Mr. Hefner said the company originally estimated that the four British casinos would make aboutReuter - 97 words
-
422 1977-01-25 3 NEW YORK, Monday. NYT FOREIGN companies announced 250 investments In United States manufacturing facilities during 1976, the Conference Board said over the weekend. This was the highest figure in the nine years that the board has compiled figures of this kind. The board, aNYT - 422 words
-
365 1977-01-25 3 LONDON, Mon UPI EXECUTIVES of the International Coffee Organisation gathered for a routine meeting today under increasing pressure to do something about coffee's champagne price. The 16-nation executive board of the world coffee body was expected at least to discuss the possibility of a fullUPI - 365 words
-
98 1977-01-25 3 Reuter JAKARTA, Mon. The United States today agreed to give Indonesia a loan of US$l4.l million (5533.8 million) as part of the US commitment for 1976-77 financial aid. An agreement on the loan was signed by Foreign Minister Adam Malik and the US ambassadorReuter - 98 words
-
Article129 1977-01-25 3 Reuter BAHRAIN, Mon. Bahrain has decided to raise its crude oil price by five per cent this year In line with neighbouring Saudi Arabia, Finance Minister Ibrahim Abdel-Karlm was quoted as saying in the newpaper Akhbar Al-Khaleej. The Gulf Island state, which producesReuter - 129 words
-
Article24 1977-01-25 3 Reuter RANGOON, Mon. A team of British medical specialists has arrived here for a two-week visit to study medical teaching In Burma. Reuter.Reuter - 24 words
-
318 1977-01-25 3 AP SEOUL, Mon. South Korea is seeking "nonAmerican" firms to replace Gulf Oil, Texaco and Royal Dutch Shell as concessionaires in some Korean offshore areas, Korean officials said today. The Commerce \nd Industry Ministry reported at the weekend that the threeAP - 318 words
-
Article, Illustration1502 1977-01-25 3 JOHN VINOCUR - Mr. Walter Mondale, Jimmy Carter's Vice-President and special emissary, has now begun his tour of European capitals to prepare for the industrialised world's economic summit conference. How do the Europeans themselves see the coming year: a chance for recovery, or another crisis for capitalism?AP - 1,502 words
-
Article, Illustration383 1977-01-25 3 Reuter BONN, Mon. West Germany is reluctant to pay more towards the costs of Britain's 55,000-strong army on the Rhine, according to officials here. They argue that West Germany Is already playing a substantial part in propping up sterling byReuter; Source: UPI - 383 words
-
Article113 1977-01-25 3 AP PANAMA, Mon. Brig. Gen. Omar Torrljos has announced a new austerity programme for Panama, including wage and price controls and government pay cuts. Mr. Torrijos. head of the Panamanian Government, said on Saturday that prices for beans, cooking oil. bread and unrefined sugar, among otherAP - 113 words
-
Article182 1977-01-25 3 Reuter BRUSSELS. Mon. Greece has sought assurances from the EEC that Its negotiations to become the Community's 10th member will not be slowed down by possible membership applications from other countries, informed sources said. The sources said the Greek move reflects anxiety that the paceReuter - 182 words
-
Article42 1977-01-25 3 Reuter NEW YORK, Mon. A number of large American companies have told the new Carter administration that billions of dollars in new capital spending will be injected into industry if his economic policies are favourable to business. Newsweek magazine says.Reuter - 42 words
-
-
Page 2 Miscellaneous
-
Miscellaneous262 1977-01-25 2 SINGAPORE 5 3.00 P.M. Opening Announcements followed by Flying Nun (r) 0 3.30 Diary Of Events (English) 3.35 Magazine Zero One (r) 3.45 General Hospital 4.30 Intermission 6.05 Opening Announcements followed by The Swiss Family Robinson "Monsoon" 630 News In Brief 6.35 Krazy Kat 0 705 The Phil Silvers Show262 words
-
Miscellaneous56 1977-01-25 2 WEATHER report for 24 hours prior to 7.30 p.m. on Jan 24 at Singapore airport: Maximum temperature 31.5° C Associated humidity 60 Minimum temperature 22.?° C Associated humidity 96 Hours of sunshine 10.20 Rainfall in millimetres nil Total rainfall for the month 58.4 Total rainy days for the month 756 words
-
-
Page 3 Advertisements
-
Advertisement173 1977-01-25 3 INTENSIVE MANAGEMENT DEVELOPMENT COURSES IN BRITAIN SIX WEEKS MAY 9 TO JUNE 17 1977 AND JUNE 27 TO AUGUST 5 1977 BY G B PRACTICAL MANAGEMENT DEVELOPMENT LTD. Following their successful 1976 programme for Overseas Executives G B Practical Management Development Ltd. have pleasure in announcing above the dates for173 words
-
Advertisement106 1977-01-25 3 |;`"'+@^[@{)$?\:)-}`++/:!!++,)< AUSTRALIA SNOWY MOUNTAINS ENGINEERING CORPORA TION Quotations endorsed with the appropriate numbers as below, addressed to the Snowy Mountains Engineering Corporation, Post Office Box 356, Cooma North, N.S.W. 2630, Australia, will be received up to 2.00 p.m. on Wednesday 18 February 1977 for: QUOTATION NO. 481 Singomerto Weir Diesel106 words
-
-
COMPANY NEWS
-
Article417 1977-01-25 4 THOUGH Pacific Development Credit, formerly Island Hotels and Properties, has reported a big turnround in the year ended Sept 30, 1976, it appears all Is not too well on the trading side. It reported a group net profit after tax and extraordinary items of M 52.55417 words
-
Article213 1977-01-25 4 Current Ex Date Total for Total for payment Date ay able the year previous year BerjunUi 90% Dec 28 Jan 25 60%+ 60% M.Glui 6%TE Dec 29 Jam 28 6%TE NIL Inch Kenneth 10%+ Jan 5 Jan 28 10%+ 18.6% N.S. Time. 25% Jan 7 Jan 31 40%213 words
-
227 1977-01-25 4 INDUSTRIAL Electronics and Engineering Is setting up an employees' share option scheme for directors and senior executives of the group. Revealing this in a circular to shareholders, the company says It believes that this scheme "will act as an Incentive to directors and senior227 words
-
Article92 1977-01-25 4 Aokam ,.w Ayer Hltam Tin Berjuntal Oopeng Consolidated Idrls Hydraulic Tin Jack Chla Mining Kamuntlng Tin KllllnghallTln Klnta Kellas Tin Kramat Kuala Kampar Lower Perak Malayan Tin Malaysian Tin Pah ang Consolidated Pengkalen Picul 2,823 2,020 4,906 5,050 2,500 430 24 917 1,500 900 32192 words
-
Article76 1977-01-25 4 Kilogram* Austral Enterprises 32,205 Ayer Molek Rubber 73,137 Benta Plantations 191,000 Buklt Katll Rubber 44,092 269,890 Consolidated Plantations 2,688,000 Glengowrle 60,782 Golden Hope 1,264,038 Guthrie Ropel ii6,i2i Hongkong (Selangor) 36,288 Inch Kenneth Kajang Kempas(M) 595,000 Kllllnghall (Rubber) 34,020 Klnta Hellas 304,817 Kuala Selangor 74,844 KundongTanJongPau76 words
-
260 1977-01-25 4 BOUSTEAD Holdings Is studying how best to Invest the M 516.02 million arising from Its recent share Issue to two bumlputra Institutions. The bumlputra Interests are Felda and the Armed Forces Fund, which between them bought 5.72 million 50 cent shares at M260 words
-
1409 1977-01-25 4 SECURITIES AND EXCHANGE COMMISSION NYT WASHINGTON, Mon. Speculation abounds these days about whom President Carter will pick shortly to become chairman of the Securities and Exchange Commission and whether he will press for confirmation of Mr. Patrick J. Delaney, a Democrat twice nominated toNYT - 1,409 words
-
177 1977-01-25 4 Reuter STAMFORD, Conn. Mon. Continental OH Co said It expects 1977 capital spending to be about US$l.l billion, up 30 per cent from last year. About $740 million or two thirds will go for US projects. with most of the balanceReuter - 177 words
-
Article42 1977-01-25 4 NEW YORK, Mon. Net earnings at Ralston Purina for the first quarter ended Dec 31 last year rose by 21.2 per cent to US$3B.9 million ($32.1 million) on a sales Increase of 11.3 per cent to $918.9 million from $825.3 million.42 words
-
Article88 1977-01-25 4 NEW YORK. Mon. Performance at Pullman took a turn for the worse In the fourth quarter with a 51.4 per cent decline In net earnlngs to U56.66 million ($13.69 million) on a marginal fall In turnover to $567.5 million ($569.7 million). Earnings for the year was 23 per cent88 words
-
Article49 1977-01-25 4 HONGKONG. Mon. Eastern Asia Navigation is paying an increased interim dividend of 19 HK cents (18 cents) for the year ending March 31. 1977. For the first six months ended Sept 30. 1976, group net operating profit came to $80.96 million compared with $74.96 million last time.49 words
-
COMPANY MEETINGS
-
22 1977-01-25 4 THE following company meetings are due: Jan 29. 11 a.m., 31 Jalan Rlong, Kuala Lumpur.22 words
-
Article21 1977-01-25 4 Jan 29, 12 noon. at the Board Room, 3rd Floor. Bangunan UMBC, Jalan Sulalman, Kuala Lumpur.21 words
-
Article18 1977-01-25 4 Jan 30, 11 a.m., Regis- tered Office. No. 6-2 Jalan Fatimah, Batu Pahat, Johore.18 words
-
Article17 1977-01-25 4 Jan 31, 11 a.m., at the Hotel Merlin, Jalan Sultan Ismail, Kuala Lumpur.17 words
-
-
567 1977-01-25 4 NYT NEW YORK. Mon. The percentage share of securities trading done by so-called institutions, which rose steadily during most of the last two decades to reach about 60 per cent of all "public" transactions, has now declined slightly, according to a study released overNYT - 567 words
-
198 1977-01-25 4 Reuter SAR CHESHMEH, Iran, Mon. Partial production of copper concentrates at the Sar Cheshmeh copper complex will begin In June this year and of Blister copper. 99 per cent pure, In September, a spokesman of the National Iranian Copper Industries Company (NICIC) told Reuter. AReuter - 198 words
-
104 1977-01-25 4 ERANKFURT, Mon. Net sales of domestic West German fixed interest securities last year fell to 48.5 billion marks from a record 48.9 billion In 1975, the Bundesbank said. However, overall credit uptake In the year rose by about a third to almost 55 billion marks104 words
-
Article548 1977-01-25 4 CASTLEFIELD Klang, one of the numerous UK-based estate companies in the Harrisons and Crosfield stable increased its profit by 8.8 per cent to £403,145 In the year to June 30, 1976. The result would have been considerably better but for the fall in interest earnings on548 words
-
Article61 1977-01-25 4 Mr. Richard C. Ferris, general manager of Kodak (Singapore), has announced the appointments of Mr. Stephen Leong as distribution manager and Mrs. Olga de Souza as executive assistant. Mr. Tan Keng Siong, executive director of Specialists' Centre and Hotel Phoenix Singapore has just graduated from the 74th61 words
-
104 1977-01-25 4 THE Kuala Lumpur Stock Exchange has asked Berjaya Kawat for additional information on its acquisition of the remaining 50 per cent stake in Steel Company of Malaysia. It would like to know how the value of M 51.50 per square foot ($16.15 per104 words
-
Article49 1977-01-25 4 SIME Darby Holdings has informed the Kuala Lumpur Stock Exchange that its issued ordinary shares of lOp each has been Increased by 1.34 million units following the exercise of the conversion rights attached to 536,427 warrants. This brings issued and fully paid ordinary capital to 192.05 million.49 words
-
718 1977-01-25 4 NYT NEW YORK. Mon. The Treasury Is scheduled to announce on Wednesday how it plans to refinance US$5 billion of eight per cent notes that will come due Feb 15. The guessing in Wall Street Is that the Government's new team of debtNYT - 718 words
-
737 1977-01-25 4 Reuter FRANKFURT, Mon. The Bundesbank Is willing to let the mark play a minor role In the foreign currency bonds which will be offered to official holders of sterling balances, although it remains opposed to widespread use of the mark as aReuter - 737 words
-
Article162 1977-01-25 4 NEW YORK, Mon. A slowdown in growth at Airco in the fourth quarter has resulted in the company reporting a 26.5 per cent gain in net profit to US$54 million ($42.7 million) after being up 29 per cent at the nine-month mark. In the fourth162 words
-
Article75 1977-01-25 4 MILAN. Mon. Pirelli Spa said it is reviewing the internal organisation of Its main Italian operating subsidiary, Industrie Pirelli Spa. but this will not lead to any alteration of the company's legal status. A Pirelli communique denied press reports that the company Is planning to convert Industrie Pirelli75 words
-
Article61 1977-01-25 4 TOKYO. Mon. The Tokyo Metropolitan Government Is considering a bond Issue of about US$lOO million In New York In the near future to raise funds for the expansion of its underground railway network, city government spokesman said. The Metropolitan Government would need Finance Ministry approval for the issue61 words
-
-
Article, Illustration1629 1977-01-25 5 In Singapore the stock exchange and financial community appear to be keen on the new toy that will be unwrapped next week the equity options trading scheme. But in K.L. they have their reservations... IN exactly a week investors will have a brand new and very1,629 words
-
Article, Illustration842 1977-01-25 5 ONG LECK KEONG - By ONG LECK KEONG UNLIKE other Chinese dialect groups In Singapore who can no longer maintain a strong-hold In their traditional trades, the Henghuas still control the various vehicle parts distribution trades. After exercising a virtual monopoly over the retail outlets842 words
-
Article, Illustration449 1977-01-25 5 MOSCOW, Mon. AP THE Soviet economy fell short of a number of key goals in 1976, growing In some areas at the slowest rate In at least 25 years, accordlng to statistics published over the weekend. Kremlin planners had anticipated a difficult yearAP - 449 words
-
Page 5 Advertisements
-
Advertisement207 1977-01-25 5 Have you got your copy of the 19XZ77 BUKUMERAH? <r The complete filing cabinet on the Singapore business scene ALPHABETICAL INDEX BRUNEI AND BANGKOK GENERAL officials AND PUBLIC BODIES INFORMATION n T It's the 1976/77 "Red Book" the office/library reference book covering the business scene in Singapore. It is complete.207 words
-
-
Page 6 Advertisements
-
Advertisement59 1977-01-25 6 I I II im «r f v -"iJP >-• £M v* fi i H* v -4—U *1 4 •I FT I i w 1 4 V t t t i w Lu .r H t r ir «dl 11 fc 4 4 A Uf v r r .Svji J^T^t AM59 words
-
-
Page 7 Advertisements
-
Advertisement579 1977-01-25 7 Incorporating Singapore Trade Industry SINGAPORE W J i ai i P > /3|§r 1 $MO jooooooof r oo oooQiiregooflootsflootoeoitßeooioiiiiosit MMM»IMMW»«MMM>IMIIUIIMI*MIIM M H »l II II M II II fl K *************************1111 I I 1 t I I 1 1 1 1 1 1 1 1 I 1 1 I 1579 words
-
-
Article2019 1977-01-25 8 Gr'i Gr'« Net 1978/77 Last div Div y'ld P/E Vol rooo> Dav High Low Company Sale +or- c'vr High Low SECTION ONE INDUSTRIALS 175* 133 Acma 143 +4 12.ON 1.1 8.3 7.2 9 143 142 206 172 Alcom 204 20.0 1.3 9.8 13.0 100 60 Allied Choc2,019 words
-
Article1125 1977-01-25 8 BID and offer prices officially Hated and business In and reported to the Stock Exchange or Singapore yesterday with the number of shares traded shown In brackets In lota of 1000 units unless otherwise specified. All Time Settlement Contracts are quoted after the word "Sett." Big Board1,125 words
-
Article1232 1977-01-25 8 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 (1 428>. A. Tapt (0 38B). Ajinomotc (1 958 21,232 words
-
Article151 1977-01-25 8 B O T 8 1/2* 1981 (100.000) (1038 103 "«S) D B S 8 1/2* 1982 (100,000) 100*S) DBS Converts 6 1/2* 1991 (100.000) (96W8 97v»S) E 1 B 9% 1982 (100,000) (1038 104S) E I B 8 1/4* 1983 (100,000) (1008 100HS) I B J 8151 words
-
Article115 1977-01-25 8 5 1/2% 1/12/77 (1,000,000) (101.458 101 60S) 5 1/2% 15/4/78 (1.000,000) (101 608 101 70S) 5 1/4% 15/7/78 (1,000,000) (101 388 101.SOS) 6 1/2% 15/8/78 (1,000,000) (103 268 103 465) 7% 1/7/79 (1,000,000) (104.808 104 90S) 5 1/4% 15/10/79 (1,000,000) (101.908 101 OOS) 6 3/4% 15/6/80 (1,000,000)115 words
-
Article153 1977-01-25 8 SINGAPORE UNIT TRUST 1 Manager*' price* for Jan a) INCOME BOND UNIT (Current price* 1 INCOME BOND 1 09 1 1* The Saving Fund O H 1.01 S pore Prof Fund 0 80 0.85 8'pore Security Fund .133 1.40 SporeInveatFund ...105 1.11 MARA BUMIPUTRA FUND (Manager*' price* for153 words
-
Page 8 Advertisements
-
Advertisement121 1977-01-25 8 Professional Examination Courses Institute of Administrative Management Institute of Bankers Inst, of Chartered Secretaries and Administrators Institute of Statisticians London Chamber of Commerce and Industry Business studies courses Economics Commerce Administrative Practice Secretarial Company Secretarial Practice General Principles of English Law Company Law Labour Law Mercantile Law Sales of Goods121 words
-
-
Article439 1977-01-25 9 ALL «ii quiet at the Stock Exchange of Singapore yesterday and prices finished generally a shade lower mainly on profittaking. The market opened on a weak note with losses of up to two per cent attending some of the volatile issues. This, however, was followed by439 words
-
Article425 1977-01-25 9 INTEREST at the Kuala Lumpur stock market slackened considerably yesterday. Trading throughout the day was conducted at a leisurely pace, reflecting the non-committal attitude of speculators and Investors. Part of the sluggishness yesterday was due to the scrip position which was still reported to be425 words
-
141 1977-01-25 9 SAN FRANCISCO. Mon. Thanks to a hefty fourth quarter contribution, 1976 net profit at Pacific Gas and Electric has risen by 17.2 per cent to US $238.3* million ($203.28 million). In the fourth quarter, net profit took on a marked increase of 66.9 per cent141 words
-
Article72 1977-01-25 9 TOKYO, Mon. Komatsu said it raised the domestic prices of nearly all of Its products by an average of eight per cent, effective Jan 15. The increases, the first in a year, were made necessary by higher prices of steel and other raw materials, Increased labour cost and Improvement72 words
-
OVERSEAS MARKETS
-
Article466 1977-01-25 9 SYDNEY: Share prices fell over a broad front for the sixth consecutive session on Monday, despite strong selective support for key situation stocks, dealers said. They said they expect Institutional support to gather strength in coming weeks, now the Christmas New Year holiday season is over. The Sydney All-Ordinaries466 words
-
Article475 1977-01-25 9 TOKYO: The market closed higher in active trading on extensive buying on Monday, with c profit-taking well absorbed, c dealers said. I The Dow-Jones average gained 14 90 to 5,054.11, with volume 310 million shares, and i the new index rose 0.15 to 382.48. Dealers expected out- 1 standing475 words
-
Article393 1977-01-25 9 HONGKONG: The market eased slightly in very quiet trading, in the absence of any news, dealers said. The Hang Seng Index fell 1-21 points to close at 441.12. Hongkong Land, Jcrdine Mathrson and Swire Pacific all dropped 10 cents to 57.70, $18.80 and $9.20 respectively and WHeelock Marden lost393 words
-
Article168 1977-01-25 9 MANILA: Minings and oils rose slightly and commercial leaders were steady In moderate turnover on Monday, with minings boosted by higher metal prices and economic stimulation measures by Industrialised countries, dealers said. The number of Issues traded declined by seven, with 22 gaining. 11 falling and 21 unchanged. Atl*»168 words
-
Article88 1977-01-25 9 JAN 24 Bahts Asia Fibre 120 unch Bangkok Bank 245 unch Bangkok Invest 148 10 Bangkok -Metropolitan Bank Bata 369S -2 Berll Jucker 162 unch Charoong Thai Wire ISO unch Dumex Dusit Thanl Faber Merlin First Trust Indo-Thai J And J Ho 192 unch Jalaprathan Cement 84 Karnasula 40S88 words
-
-
175 1977-01-25 9 NEW YORK, Mon. The high growth rate seen at Burlington Northern for the first nine months of the year just ended has not been maintained in the fourth quarter. In contrast to the 210 per cent growth to US$5O 97 million ($16.44 million) during the first175 words
-
Article31 1977-01-25 9 TOKYO, Mon.— Kawasaki Heavy Industries said It will start building a liquefied natural gas tanker with a capacity of 128,600 cubic metres next month for Gotaas-Larsen Inc of the US.31 words
-
Article114 1977-01-25 9 Reuter NEW YORK. Mon.— SCM Corp's earnings In fiscal year to June 30. 1977 should be well ahead of last year's net Income of (US$3O.4 million or $3.30 per share, president and chief executive. Mr. Paul H. Ellcker, said In a statement. Mr. Ellcker said third andReuter - 114 words
-
INTERNATIONAL COMPANY NEWS
-
Article424 1977-01-25 9 Reuter NEW YORK, Mon. Helped by a higher net Interest differential. BankAmerica Corp has enjoyed an 11 per cent rise In profit last year, with a 13 per cent Increase In the fourth quarter.. Fourth quarter operating profit rose to U5593.6 million from $82.8 million previously, makingReuter - 424 words
-
Article216 1977-01-25 9 Reuter STOCKHOLM Mon.- L.M. Ericsson Telephone has recommended that 12,000 of Its Swedish employees work a reduced four-day week for six months due to declining order backlogs, a spokesman said. Meanwhile similar labour-management negotiations at the Volvo automotive group in Gothenburg. following a company proposal for aReuter - 216 words
-
Briefly
-
Article71 1977-01-25 9 DUESSELDORF, Mon. British Leyland Motor Corp hopes to have a 2.5 per cent share of the West oerman vehicle market by 1985 compared with a current 0.6 per cent. Leyland's Import unit A. Brueggemann Und Co GMBH said. Brueggemann. which becomes Leyland GMBH from Feb 1, said its71 words
-
Article99 1977-01-25 9 MELBOURNE. Mon On a 65.4 per cent rise in sales to A 5339 million from $205 million. Alcoa of Australia has raised net profit by nearly two and a half times to $42.7 million from $17.2 million In the year ended Dec 31.1976. The annual dividend has been99 words
-
Article58 1977-01-25 9 LONDON. Mon. The Banco Do Brasil US$4O million of five-year floating rate note will carry an interest rate of 0.25 per cent above the London Interbank offered /ate and are priced at par. London Multinational Bank said as co-lead manager. The coupon will be adJusted every six58 words
-
Article21 1977-01-25 9 LONDON. Mon. The Stock Exchange said its restored the listings of Anglo-American Corp of South Africa and Rand Selection Corp.21 words
-
Article50 1977-01-25 9 LONDON, Mon. ElfNorge. a subsidiary of ElfAqultaine, has placed privately in the Eurobond market US$4O million of 7Vt per cent, five year notes priced at 100y» per cent market sources here said. The notes were placed by Hambros Bank, Salomon Brothers International, Swiss Bank Corp (Overseas) and ÜBS (Securities).50 words
-
Article67 1977-01-25 9 Reuter TOKYO, Mon. Nippon Paint said it entered into a business tie up arrangement with International Paint Co. (IPC) of the UK to exchange technology on marine paints and introduce customers to each other starting May. Nippon Paint said it hopes the arrangement will result InReuter - 67 words
-
-
Article254 1977-01-25 9 MELBOURNE, Mon. Given a boost by the Australian dollar devaluation in the last quarter. Unaudited net profit at Hamersley Holdings Jumped 70 per cent to AJ45.42 million ($26.71 million) In the year ended Dec 31. 1976. The profit Increase was achieved on the back of a254 words
-
Article216 1977-01-25 9 FT LONDON, Mon.. After rising from £7.05 million to £9.93 million in the first half, pre-tax profit of English China Clays finished the year to Sept 30, 1976, ahead from £17.1 million to £24.47 million. Sales expanded from £128.14 million to £154.98 million. The clayFT - 216 words
-
217 1977-01-25 9 SAN FRANCISCO.Mon. Though hit by its investment in a West German bank. Wells Fargo has been able to report an 11.8 per cent increase in 1976 net profit to U5563.51 million ($56.79 million). Profit was reduced by $6.6 million, or 33 cents a share,217 words
-
Article546 1977-01-25 9 FT LONDON, Mon. Chairman of J.H. vavasseur Group reports that the current year has started well and that all trading operations have shown improved profitablty arising both from Increased revenue and from lower overheads. However, he sounds a note of caution because of the relativelyFT - 546 words
-
Article65 1977-01-25 9 NEW YORK. Mon. Chase Manhattan Corp said Patricia Roberts Harris, new Secretary for Housing and Urban Development, resigned as a director of the corporation and of Chase Manhattan Bank. Chase said S. Bruce Smart Jr.. president of the Continental Group Inc. was named to the board of the bank65 words
-
Article112 1977-01-25 9 Reuter ROTTERDAM. Mqn.- Rljn-Schedlde-Verolme (RSV) estimates Its previously forecasted losses for 1976 and 1977 at least several tens of millions of guilders for each year, executive board chairman A. Stikker said. He could not detail yet the loss for 1976. In 1975 the company made a netReuter - 112 words
-
-
Page 9 Advertisements
-
Advertisement101 1977-01-25 9 CCPlinr a BRIGHTER FUTURE in ACCOUNTANCY with FOULKS LYNCH Enrol now with FEDERAL PUBLICATIONS Home Studies Division for the following FOULKS LYNCH Courses Association of Certified Accountants Institute of Cost and Management Accountants Association of International Accountants Institute of Taxation Institute of Accounting Staff Society of Company and Commercial Accountants101 words
-
-
COMMODITY REPORTS AND PRICES
-
Article536 1977-01-25 10 OPENING quotations in the Singapore rubber market yesterday were about one cent lower, following London advices. Thereafter, trading was slow and hesitant, dealers said. Latterly, however, prices firmed slightly, with February traded at 203.25 cents per kilo on some upcountry buying Interest and short-covering. Turnover was small. The536 words
-
Article111 1977-01-25 10 DAILY SSR and SMR prices at noon yesterday R.A.S. (Cu Buyei (cei Feb. rrent Mth Sellers aUperkc) Mar. (Forward Mthr Buyers Sellers (cents per kg) SSR 20 SSR 50 (1-ton Pallet) (1-ton Pallet) 188 00 186 50 190 00N 187 50N 190.50 188.00 191.SON 189.OON M.R.E.L.B. SMR5CV111 words
-
Article119 1977-01-25 10 CHINESE PRODUCE EXCHANGE, SINGAPORE NOON CLOSING PRICES PER PICUL YESTERDAY. Coconut Oil Bulk $83 sellers, old drum $88 sellers, new drum 193 sellers Copra Mixed (loose) UK/Cont. $53 buyers Pepper Muntok ASTA white f o b. 100% NLW $340 sellers. Sarawak white fob 9«% NLW *320 sellers. Sarawak119 words
-
Article145 1977-01-25 10 THE Straits tin price in Penang yesterday was up $13.00 to $1,460.00 on an official offering up 84 tonnes to 324 tonnes. In LONDON yesterday, tin resumed its advance to close at mid-day, with gains of £70 for Cash and around £72 for Three Months in both contracts.145 words
-
Article30 1977-01-25 10 Rubber: Jan 24. Singapore: Feb. 203.50 cU (up 0.25 cU) Malaysia: Feb. 208.50 cts (up 0.50 cts) Tin: $1,460.00 (up $13.00) Official offering: 324 tonne* (up 84 tonnes)30 words
-
Article199 1977-01-25 10 IN the Singapore gold market yesterday, the kllobar fluctuated narrowly between 5510.535 to $10,545 In a sluggish market. With the coming IMF auction on Wednesday, dealers and operators were squaring most of their postlons. The loco London price was also reflective of the trend when it opened at U*****.30/132.70199 words
-
Article78 1977-01-25 10 LONDON, Mon. Silver gained three to 3.8 pence per troy ounce. Dealers said the recovery at New York on Friday, coupled with the generally buoyant tone in base metals aided sentiment. They also pointed to improved buying interest in this metal, which they said Is looking constructive on the78 words
-
Article73 1977-01-25 10 LONDON, Mon. Lead gained £2 per tonne foi cash and £3.25 for Three Months. The market attracted further fresh buying support which took Three Months in the ring to the recent high of £358 per tonne. Proflttaking soon developed however and £353.50 per tonne was paid near the close.73 words
-
Article66 1977-01-25 10 LONDON, Mon. zinc gained £7.25 per tonne for Cash and £8.25 for Three Months. This metal found fairly good fresh buying Interest which pushed Three Months to £431 per tonne In the ring before final kerb business at £429 under light profit-taking. The rally appeared to reflect zinc's failure66 words
-
Article116 1977-01-25 10 LONDON, Mon. Copper wlrebars gained £13.50 per tonne for Cash and £14 for Three Months. Recent bullish sentiment continued as fresh buying came to a somewhat oversold market which was given a boost by the New York tone, lower UK interest rates, and a larger than expected fall in116 words
-
Article163 1977-01-25 10 LONDON, Mon. Coffee futures opened easier, with commission house selling being met by local dealers and trade support at the lower levels. At end call, values were £42 to £55 per cent tonne down from the previous close, with 116 lots traded. May closed £42 lower, having traded between163 words
-
Article112 1977-01-25 10 LONDON, Mon. Terminal opened £1.60 lower to unchanged from Friday closing levels In sales of 858 lots. Market sources said there was no fresh news to influence sentiment and they felt the small losses reflected a follow-through from Friday's easier kerb close, with trade selling prompting some long liquidation112 words
-
Article226 1977-01-25 10 BANGKOK, Mon. Indicative prices for rice quoted in Bangkok yesterday were: US dollars per tonne fob basis Bangkok White Rice: 100 per cent Ist class 288 100 per cent 2nd class 273 100 per cent 3rd class 268 5 per cent 260 10 per cent 239 15 per cent226 words
-
91 1977-01-25 10 TAIPEI, Mon. Taiwan's sugar output rose to 778 769 tonnes last year from 710.000 in 1975. but wa™ below the projected 840,000, the Central News Agencv reported. It quoted Taiwan Sugar Corp president Tan HslangSun as saying the shortfall was due to two typhoons91 words
-
Article193 1977-01-25 10 Reuter AP KUALA LUMPUR, Mon. Malaysian Primary Industries Minister, Datuk Musa Hitam said Czechoslovakia had agreed to buy 30,000 tonnes of Malaysian rubber annually over the next five years. Last year, it bought 25,000 tonnes. Datuk Musa also said he told a visiting Czechoslovak tradeReuter; AP - 193 words
-
194 1977-01-25 10 Reuter WASHINGTON. Mon. The US Agriculture Department. amplifying a report Issued earlier this month, said non-US cotton plantings in 1977-78 are expected to rise nearly four per cent. It projected the non-US area at 28 million hectares, compared with 26 million this season. The USDAReuter - 194 words
-
Article159 1977-01-25 10 Reuter BANGKOK, Mon. The Thai Cabinet approved Thai Zinc Co's plan to build a $100 million, 50,000 tonnes a year zinc smelting plant In North Thailand, Industry Minister Mr. Phoerm Limpisawat said. He told a press conference that the plant would take about three years toReuter - 159 words
-
306 1977-01-25 10 Reuter EAST BERLIN, Mon. The full extent of East Germany's harvest disaster last year, was disclosed In published figures which showed grain, sugar beet and potato production sharply down on the already poor results of 1975. A report published earlier by the state StatisticalReuter - 306 words
-
139 1977-01-25 10 Reuter MOSCOW, Mon. Adverse weather last October cut sugar yield prospects from the Soviet Union's 1976 sugar beet crop, western farm experts said here. As sugar content of the officially estimated 85.0 million tonnes sugar beet crop was below normal, they estimated that refined sugarReuter - 139 words
-
Article152 1977-01-25 10 Reuter MANILA, Mon. President Ferdinand Marcos ordered the release of funds to provide assistance to domestic primary gold producers, the Presidential press office said. It said the producers would be entitled to apply for financial assistance from the Gold Mining Industry Assistance Board, to be fixedReuter - 152 words
-
-
MONEY AND EXCHANGES
-
Article449 1977-01-25 10 INTEREST rates in the Singapore domestic money market remained steady despite the Monetary Authority of Singapore's announcement of a one per cent cut In its export bills rediscount window to three per cent yesterday. From the opening of 31/8 per cent to three per cent, the overnight rates closed449 words
-
Article51 1977-01-25 10 RANGE of prices offered by discount houses on Jan 24 Overnight l'» to 3'*% Call deposit 2S to 3S"H> Closing Buying Selling 3-Month Treasury bills 31/8 3 3-Month Banks bills 4 1/8 4 3-Month CD 4 7/18 4 5/16 6-Month CD 4 11/16 4 1/2 Source: National Discount51 words
-
Article183 1977-01-25 10 Asian rate ASIAN currency deposit Interbank rales as at clow on Jan 24 Offer Bid I S dollar* (Spat) 7 days 4 13/16 4 11/16 1 mth 4 15/16 4 13/16 2 mths 5 1/16 4 15/16 3 mths 5 5/16 5 3/16 6 mths 5 11/16 5 9/16 9183 words
-
Article57 1977-01-25 10 Minimum lending rates (in ACBC 6*. First Chicago <5* Algemene Bank 6* Citibank fl* Bangkok Bank .754 HSBC 7 Bank of America 6* Indosuez .6% Bank of China ..7 Malayan Banking 6* Bank of Tokyo 6* Mitsui Bank 6*. Bank Negara OCBC Indonesia .7*. OUB Chartered Bank UCB 7 Chase57 words
-
Article226 1977-01-25 10 LONDON. Mon. The dollar moved lower against major continental currencies In early European trading. Eurodollar rates eased slightly while some feeling exists that the fall in US monetary aggregates in the latest reporting week, although smaller than expected by some US analysts, may prompt a general slight decline in226 words
-
Article161 1977-01-25 10 HONGKONG, Mon. The US dollar was quoted at HK54.6590/6620 in late trading, lower than Friday's late $4.6680/6710, but above the day's low of $4.6550/80, dealers said. They attributed the decline in a fairly thin market to technical reaction and lack of buying support, amid market anticipation of a further161 words
-
Article152 1977-01-25 10 TOKYO, Mon. The US dollar for overnight delivery closed lower at 290.23 yen, compared with 290.45 yen at the opening and 290.35 yen at last Friday's close. The US unit initially declined to 290.10 in anticipation of an inflow of dollars through flotation of external bonds by Japanese companies152 words
-
Article166 1977-01-25 10 Euro rates LONDON, Mon. Shortdate Eurodollar deposits opened slightly easier and then extended losses in offered conditions. Trading was light, with periods basically steady, dealers said. Easier levels in shorts which extended into near periods were ascribed to falls In latest money supply figures, although these were less than expected166 words
-
Article91 1977-01-25 10 Reuter TAIPEI, Mon. The First Commercial Bank of Taiwan will open a branch In Singapore In March, a bank spokesman said. With an Initial minimum capital of 553,000,000, the bank will handle all banking business but will not accept savings below *****,000. the spokesman said. "We trust thatReuter - 91 words
-
Article46 1977-01-25 10 AUSTRALIA/NZ exchanges quoted on Jan 24. Australia: Sterling 1.0890/1.0842 US dollar 0.6367/0.6297 Ninety-day air mail buying rates Sterling 0.6657 US dollars 1.1150 Ninety-day forward buying ratesSterling 0.6529 US dollars 1.0946 New Zeauin-r Sterling 0.5530/0.5519 US dollar 0.9574/0.9474 Ninety-day forward rate: Sterling 0.5894 US dollar 0.975946 words
-
Article33 1977-01-25 10 FRANKFURT exchanges opening quotes on Jan 24 US 2.3990 (2.4000) Can 2.3735/55 UK 4.110/125 Neth 95.55/70 Switz 95.75/90 Italy 2.713/728 France 48.20/35 Norw 45.15/25 Belg com 6.502/517 Belg fin 6.47/48 Japan 0.8260/7533 words
-
Article279 1977-01-25 10 LONDON, Mon. Straight bonds were mixed in dull trading, dealers said. In first-time dealings the International Harvester Cs2s million percent issue due 1983 and priced at par opened around 97*4 98*«, then eased to 97 Vi 98% on lack of interest. Convertibles were steady to fractionally fimer where279 words
-
-
Page 10 Advertisements
-
Advertisement159 1977-01-25 10 Keep in touch with business developments in Singapore wherever you are in the world Subscribe now to Business Times 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)159 words
-
-
TRANSPORT AND COMMUNICATIONS
-
Article, Illustration883 1977-01-25 11 TERESA LIM - By TERESA LIM WITH the 28th annual PATA (Pacific Area Travel Association) conference coming up in Hongkong next month, one cannot fall but wonder why Singapore, convention centre aspirant, has not hosted a PATA conference since the *****. "Well," said Mr. Joseph Kong,883 words
-
Article563 1977-01-25 11 ARRIVALS Service Local Operator Number Time From CAL CI 331 0040 TPE/HKO/KUL TMA TL303B 0215 BEY/DXB/ BOM/KUL MAS MH682 0810 KCH JAL JL712 1000 HLP SLA SQ211 1010 HLP OIA OA08O 1030 HLP OIA OA 908 1100 MES SAS SK971 1130 CPH/BKK RBA BI32S 1155 BWN SLA563 words
-
Article135 1977-01-25 11 MANILA, Mon. The Philippines-Europe Conference (PEC) has agreed to extend until June 30, 1997 the period within which Its member lines may accept Kso payments for Europeuna freight In the Philippines, the Department of Trade said. The Philippine Shippers' Council had previously protested aganst the135 words
-
Article, Illustration356 1977-01-25 11 EXPECTED ARRIVAL TODAY KEPPEL WHARVES Bunga Melor (UTM/L) (after Havana Maru) (Must Head East) 31/32 Helene Maersk (0600) 35/36 Loon Chong (3 FFD) (2300 29/30 Neder Rljn (after Nedlloyd Kembla sails) 10/11 Nedlloyd Kembla (0600 after Vlshva Ami Tabh) 10/11 Perils (1300 after Kun&k) 21 East Rajah Brooke356 words
-
369 1977-01-25 11 AP LONDON, Mon. Measures first drafted In 1969 to control pollution of the seas by oil tankers have finally won country-by-country acceptance by a two-thirds majority, a United Nations agency announced on Saturday. But It will be another year before theAP - 369 words
-
180 1977-01-25 11 THE 50,000 tonne Scan Dutch container vassel m.s. Nlhon called at Singapore last week to Inaugurate the new routing of the Line's service to Europe via the Suez Canal. It also marked the start of an extension of Scan Dutch's container service to180 words
-
Article85 1977-01-25 11 THE chairman of Vosper Thornycroft (Singapore) has been knighted by Queen Elizabeth 11. Sir John Rlx's knighthood was for distinguished services to the promotion of British exports. Sir John Rix is also managing director of Vosper Thornycroft (UK). His outstanding career in Vosper Thornycroft begaln in 193485 words
-
Article73 1977-01-25 11 Reuter TURIN. Mon. Orders for new cars have fallen sharply this month to 00 per cent below their January 1975 levels, and the outlook is worsened by reports of government plans to restrict Sunday driving and tighten speed limits, the National Automobile Industry Association said. TheReuter - 73 words
-
-
Page 11 Advertisements
-
Advertisement687 1977-01-25 11 APPOINTMENTS FOREIGN BANK requires CREDIT OFFICER Due to continued expansion we have a vacancy for a credit officer. Qualifications/Experience Degree In Business Administration, Accountancy or Economics or related field. An AIB diploma would be an added advantage. 2-3 years working experience In credit evaluation. Able to communicate In Mandarin and687 words
-
-
440 1977-01-25 12 SALISBURY. Mon. Prime Minister lan Smith today rejected Britain's latest proposals for progress to black rule in Rhodesia. British envoy Ivor Richard, addressing a press conference, called it "a tragic and fateful decision." Mr. Richard announced that he saw no purpose In reconvening the deadlocked440 words
-
Article543 1977-01-25 12 THE Permlna 1071, a Per-tamina-chartered tanker, was finally released yesterday afternoon, one hour before the expiry of the plaintiff's extended deadline to provide a $1.69 million security to Pertamina. The High Court had granted a motion by Pertamina for the release of Permina 1017543 words
-
Article155 1977-01-25 12 Reuter BANGKOK. Mon. Thailand's trade deficit fell to a preliminary U*****.3 million (551,220.8 million) in the first 10 months of 1976 from $963.7 million in the same 1975 period, the National Economic and Social Development Bureau (NESDB) said. Export in the period rose to $2.47Reuter - 155 words
-
Article142 1977-01-25 12 AP RANGOON. Mon.- Lao- tian President Souphanouvong and Burmese President Ne Win have expressed their support for United Nations membership for Vietnam, speedy withdrawal of Israel from territory occupied in the 1967 Middle East war and other issues. Agreement was stated in a Joint communique issuedAP - 142 words
-
Article126 1977-01-25 12 THE Central Provident Fund is retrenching four cleaners in mid-February, in the first such action by a government body. It is believed that the retrenchment notice came after attempts to resettle the four workers Into alternative employment had failed. The CPF. which moved into its new126 words
-
Article, Illustration804 1977-01-25 12 THE market can expect to see a lot more of Singapore International Merchant Bankers Ltd (SIMBL) In loan syndications in the near future. This was the prediction made by Mr. Michael Gleeson White in an interview with Business Times yesterday. Mr. Gleeson White804 words
-
Article46 1977-01-25 12 OTTAWA. Mon. South Korea will ask Canada to ease Its restrictions on clothing imports when representatives of the two countries meet this week in Ottawa, sources said. Canada imposed quotas on textile goods last November to hold textile import levels to the 1975 figures.46 words
-
Article, Illustration384 1977-01-25 12 AP BRUSSELS, Mon. Vic* President Walter Mondale called on America's North Atlantic Treaty Organisation allies today to make a co-operative effort that would help the US increase its spending on Nato. Mr. Mondale, on the first leg of a diplomatic mission to US alliesAP; Source: UPI photo - 384 words
-
Article132 1977-01-25 12 Reuter JAKARTA. Mon. The Indonesian Government is investigating the stagnation of repayment of Joans amounting to billions of rupiahs which have been given by the biggest state bank Bumi Daya (BBD) to industrial and government projects, a spokesman of the central bank said today. The stagnation,Reuter - 132 words
-
Article598 1977-01-25 12 Asian debate is hotting up THE argument over whether the Asian dollar market Is a reality or a "charade," which looks suspiciously like a snide swipe by Hongkong at Singapore's status as a regional financial centre, is hotting up. Latest to enter this almost metaphysical dispute are a leading Japanese598 words
-
272 1977-01-25 12 KUALA LUMPUR. Mon. Malaysia landed a fourth big palm oil deal with China recently. The deal between Felda and the China National Cereals, Oil and Foodstuffs Import and Export Corporation is worth about Mss.B million for 5.000 tonnes of crude palm272 words
-
Article89 1977-01-25 12 THE Institute of Bankers in London has just elected a fourth Fellow In Singapore. Mr. Raymond Shlau, who Is operations manager of Irving Trust Co, Is the most recent fellow to be elected to the Institute. There are only three other fellows In Singapore. They are Mr.89 words
-
420 1977-01-25 12 Reuter TOKYO, Mon. Japan's overall balance of payments surplu* rose to US$47O million (551.15 billion) in December from $280 million in November, but was below the $613 million surplus In December 1975, the Finance Ministry said in a preliminary report. For the wnoleReuter - 420 words
-
320 1977-01-25 12 KUALA LUMPUR. Mon. The former Chief Minister of Selangor, Harun Idrls. was sentenced by the High Court here today to six months' Imprisonment for forgery connected with properties of Bank Kerjasama Rakyat (Peoples Cooperative Bank.) He was also found guilty of abetment320 words
-
Article787 1977-01-25 12 LONDON. Mon. The stock market closed lower tn reaction to profit-taking Turnover was moderate and at 3 p.m., the Financial Times index was off 6 6 at 378.1. Government bonds came off lowest levels and finished with falls of 1/8 among longer maturities. Shorts were unchanged on balance787 words
-
Page 12 Advertisements
-
Advertisement119 1977-01-25 12 [pS] DANIEL MHCENTAURI 1121 COMPANY World Wide Trading Offers you service in: Gm"J mporters exporters and 'inane Third Country traders Buying Age"ls Manufacturer s 'eo'esentaltves Sr-'OC*" s Transportation 4 warehousing contractors Ra* "lateral Ouik Ouye's 4 sellers Party to investment m manulactur ing sennce organisation OUR SPECIALIST DEPARTMENTS Bu>id>ng Watenai119 words
-
Advertisement0 1977-01-25 12 !"-=-|$,_%,$!.`*}"&@&/^/)<*%[+_0 words
-
Advertisement84 1977-01-25 12 These issues having been completed, this announcement appears as a matter of record only. January 1977. TASEK CEMENT BERHAD RIGHTS ISSUE OF 6,439,680 ORDINARY SHARES AT $1.20 EACH SPECIAL ISSUE OF 6,922,240 ORDINARY SHARES AT $1.20 EACH Managed by OQQQ ***** 4SE4MMNKERS MALAYSIA (/f -r RJRO-/M PC 4\l W PCH/NT84 words
-