The Business Times, 20 April 1977
1977-04-20
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The Business Times
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Title Section10 1977-04-20 1 BUSINESS TIMES M.C.(P) 300/1/77 WEDNESDAY, APRIL 20, 1977 50 CENTS10 words
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NEWS IN BRIEF
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Article64 1977-04-20 1 Reuter JAKARTA, Tues. Armed soldiers last night foiled an attempt by some 2,000 Muslims to attack the Hilton hotel here after they had attended a general election campaign rally held by. the opposition Muslim party (PPP), police said today. They said the attempt followed the arrest ofReuter - 64 words
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Article35 1977-04-20 1 Reuter JAKARTA, Tues. The first conference of the Asean subcommittee on Dost and telecommunications will be held in Jogjakarta, central Java, from April 20 to 22, it was announced here today. Reuter.Reuter - 35 words
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Article74 1977-04-20 1 Reuter HONGKONG, Tues. Hongkong Stock Exchange chairman Francis Zimmern said in a letter to the exchange he resigned from today as chairman and a member of the committee.* In the letter, a copy of which was released by the exchange, Mr. Zimmern said he could not associateReuter - 74 words
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Article35 1977-04-20 1 UPI NEW YORK. Tues. Striking longshoremen obeyed their union leaders and returned to work today at east and Gulf coast ports, ending a fiveday walkout against major North Atlantic cargo shippers. UPIUPI - 35 words
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Article48 1977-04-20 1 Reuter AUCKLAND, Tues. New Zealand Prime Minister Robert Muldoon today accused US President Jimmy Carter of causing consternation and confusion with his foreign policy. Mr. Muldoon said Mr. Carter appeared to be working to extend his domestic popularity at the expense of international relations. Reuter.Reuter - 48 words
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Article45 1977-04-20 1 AP NEW YORK, Tues. America's largest coffee roaster, General Foods Corp., has raised the price of ground coffee for the fifth time this year, boosting the wholesale price by US2S cents (S6O cents) to a record of $4.46 per half kg. AP.AP - 45 words
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Article70 1977-04-20 1 AP STRASBOURG. (France), Tues. The European Parliament today voted for a resolution calling for "binding and legally enforceable norms" to regulate the activities of multinational firms. The parliament also pledged to make use of a draft code of principles on multinational enterprises jointly drawn up last SeptemberAP - 70 words
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Article75 1977-04-20 1 AP NEW YORK, Tues. Stock prices headed lower this morning following President Carter's call for "strict conservation" of energy. The Dow Jones average of 30 industrial stocks was down 3.56 to 939.20 in the first half hour. Losers took a 3-2 lead over gainers among New York StockAP - 75 words
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Chief Price Changes
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Article, Illustration163 1977-04-20 1 GENERALLY easier conditions continued to prevail at the Stock Exchange of Singapore yesterday with most shares traded lower from their overnight levels. I At the close, the Business Times index was down 1 -30 points at 259.64 while the Straits Times Industrial index slipped 0.18 to 247.32163 words
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Article133 1977-04-20 1 Falls Most active rronoh S3 40 -.06 Central Sugars 120.0000 Toshiba $2.00 -.05 High Low 62,000 O.C B C $6.80 05 Haw Par 56,000 Bat a S2 16 -.04 General Lumber 38,000 C and C SI.88 -.02 Total Turnover: 0.69 M Esso Ord SI.68 -.02 Total Value133 words
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Article1122 1977-04-20 1 TERESA LIM - ASEAN ARGUMENTS TO BE CONSIDERED By TERESA LIM DESPITE Intensive discussion, no compromises were In sight at the end of the meeting betwen Asean shippers and the Far East Freight Conference (FEFC) yesterday. To sum up the meeting over the proposed 13.45 per cent1,122 words
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1026 1977-04-20 1 WITH just two days to go before the lists open for the Government's latest registered stock offering, the Monetary Authority of Singapore (MAS) has come out with its most recent innovation to stimulate the bond market. Yesterday, it announced that it proposes to1,026 words
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369 1977-04-20 1 A 114-MEMBER West German delegation led by Finance Minister HansDietrich Genscher will be arriving in the Republic for a two-day visit on April 28 as part of a two-week Asian tour aimed at strengthening political and trading relations. The delegation, comprising a team of369 words
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124 1977-04-20 1 UPI MANILA. Tuea. President Marcos today suspended indefinitely a government decree imposing a capital gains tax on stock transactions. In an announcement, Mr. i Marcoa said he waa suspending the tax, retroactive to Jan. 1, because it "might adversely affect trading in shares ofUPI - 124 words
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197 1977-04-20 1 Reuter TOKYO, Tues. The yen dropped sharply against the US dollar in the Tokyo foreign exchange market and prices rose steeply on the Tokyo stock market today following yesterday's one percentage point official discount rate cut by the Bank of Japan. The BankReuter - 197 words
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Article118 1977-04-20 1 EXPORTS in the first three months of the year grew at a faster pace than imports narrowing the size of the trade deficit on external trade further. In the latest set of figures for trade Issued by the Department of Statistics, total trade, in value terms increased by118 words
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382 1977-04-20 1 KUALA LUMPUR. Tues. The Malaysian International Chamber of Commerce and Industry is still concerned with the effects of the Industrial Co-ordina-tion Act on the economy and the Investment climate in the country. T*is is because many of its members have expressed disappointment with the382 words
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Article205 1977-04-20 1 LOWER food prices helped check a four-month rise in Singapore's cost of living, so that the consumer price index fell last month for the first time, after having been on an uptrend since last October. The March CPI fell by 0.7 per cent from the205 words
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Page 1 Advertisements
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Advertisement71 1977-04-20 1 With a Reputation for Unrivalled Security and Fair Dealing over 131 years, Our Clients can be Assured..., Royal Insurance 1 »r*c orpo»ate<3 >« I nqiarsd I looks after you. Fast 18th Fir., Ocean Building, Collyer Quay, Singapore 1. Tel: ***** *****1. INSIDE Overseas News/TV Radio Overseas News/ Feature Local Co71 words
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Advertisement102 1977-04-20 1 Sony Sonnyboy Sony Trinitron now comes in with a 31 cm (13") screen portable color TV. The Son of Sony. Your ideal second set The Son of Sony has a Special ECONOOUICK system that gives you instant picture and sound, saving the unnecessary wastage of power while awaiting the tube102 words
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Advertisement151 1977-04-20 1 Gas -as got a flame The desk dial keeps your accounts up to dale and you oul there earning If you're in business, imagine: Your accounts always up to date. Your invoices calculated and completed Statements prepared. The payrolls done. Ledgers controlled. Stock records kept All on one machine and151 words
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OVERSEAS
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Article, Illustration780 1977-04-20 2 Reuter UPI AP NYT WASHINGTON. Tues. President Carter called for a 10 per cent cut In petrol consumption and a reduction of US oil imports to six million barrels a day from a potential level of 16 million. In a televised speechReuter; UPI; AP; NYT; AP photo. - 780 words
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Article77 1977-04-20 2 Reuter WASHINGTON. Tues. The Senate postponed action on a major, two-year tax reduction bill, following President Carter's abandonment of the US$5O (SSI23) a person tax rebate. A spokesman for the Senate Democratic leadership said finance committee chairman Russell Long did not want to consider the BillReuter - 77 words
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Article75 1977-04-20 2 Reuter WASHINGTON. Tues. US housing starts rose 17 per cent to a seasonally adJusted annual rate of 2.13 million units in March, the Commerce Department reported. This was the highest level of starts since the 2.27 million units in May. 1973, and compares with a revised 1.82 millionReuter - 75 words
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435 1977-04-20 2 UPI PARIS, Tues. Western governments struggling with energy problems have been handed a valuable tool the first comprehensive analysis of oil trade and consumption patterns of the 24 leading non-commu-nist nations. The document was drafted and will be updated on a quarterly basis byUPI - 435 words
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344 1977-04-20 2 UPI WASHINGTON, Tues. The United States and Britain, as co-sponsors, are aiming for a resumption of the Geneva conference on Rhodesia by July, with the country to be Independent, under black majority rule, by the end of 1978. The timetable, it has been learned,UPI - 344 words
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Article142 1977-04-20 2 AP HAVANA. Tues. Fiftyone Minnesota businessmen arrived here late yesterday to investigate trade possibilities with Cuba in the event the 16year US economic blockade of the island nation is lifted. Before leaving Washington, the delegation heard Senator Hubert Humphrey call for an end toAP - 142 words
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414 1977-04-20 2 UPI WASHINGTON. Tues. Three top-level US officials, including US ambassador Andrew Young, yesterday pledged the Carter Administration's strong support for increasing the country's contribution to the African Development Fund. Mr. Young said that following the repeal of the Byrd Amendment, Increased US supportUPI - 414 words
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Article80 1977-04-20 2 AP TEHRAN, Tues. Iran's foreign exchange reserves have reached the record total of US$9.4 billion (SS23 billion), central bank governor Hassan-All Mehran announced today. Mr. Mehran also reported that because of the Government's huge development projects. Imported goods and services totalled $17 billion in 1976,AP - 80 words
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529 1977-04-20 2 UPI LONDON, Tues.— The nine European Common Market countries, deeply concerned by the extent of recent Soviet penetration in Africa, have delivered a "hands off Africa" warning aimed apparently at the Soviet Union. They did so in a Joint declaration at the endUPI - 529 words
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Article135 1977-04-20 2 Reuter WARSAW, Tues. Eastern Europe's trading bloc, Comecon, today proposed further talks with the European Economic Community (EEC) on establishing contacts between them, the official Polish news agency PAP said. Polish Deputy Premier Kazimierz Olszewski, chairman of the Comecon executive committee, handed British ambassadorReuter - 135 words
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Article113 1977-04-20 2 Reuter VIENNA. Tues. Rumanian Industry over-fulfilled planned targets in the first quarter of 1977 despite heavy earthquake destruction last month. President Nicolae Ceausescu said yesterday. Production targets were fulfilled by 103.1 per cent, showing a 12.2 per cent growth rate over the same period of 1976,Reuter - 113 words
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Article211 1977-04-20 2 AP BRUSSELS, Tues. In 1976, the nine European Common Market countries bought nearly US$lO billion (SS2S billion) worth of goods from the United States more than they sold, the Common Market executive body reported yesterday. Among the traditional West European exports that did poorly lastAP - 211 words
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Article222 1977-04-20 2 AP WASHINGTON. Tues. The outgoing chairman of the US Civil Aeronautics Board asked Congress yesterday to remove most "federal controls on the airline industry and to allow ticket prices to "rely on competitive market forces." "A good competitive system would result in lowering of fares inAP - 222 words
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88 1977-04-20 2 Reuter LONDON. Tues. A Government-appointed working group said today that the Anglo-French Concorde is significantly noisier on take-off than any other commercial aircraft. Measurements of Concorde's noise were taken during its first eight months of scheduled service between London and Bahrain and Washington byReuter - 88 words
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294 1977-04-20 3 LONDON, Tuesday Reuter BRITAIN'S trade deficit rose £43 million to £232 million (SSI72 million to SS92B million) in March from £189 million In February with the deficit on oil trade rising £50 million to £254 million, the Department of Trade said.^Reuter - 294 words
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Article, Illustration136 1977-04-20 3 Reuter LUXEMBOURG, Tues. British Chancellor of 'he Exchequer Denis Healey said phase three of his government's anti-inflation wages pact with the trade unions must be much more loosely defined than the first two stages. Mr. Healey was asked at a press conferenceReuter - 136 words
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Article73 1977-04-20 3 Reuter OTTAWA. Tues. Trade Minister Jean Chretien said he will not impose higher tariffs to protect the Canadian car industry from foreign competition. "If anything we will over the next few years be moving toward lower, not higher, turners to trade." he> said. His remarks were containedReuter - 73 words
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Article266 1977-04-20 3 Reuter LONDON. Tues. British clearing banks will be carefully following shortterm money market interest rates this week in preparation for a likely cut in their base rates, currently 9.5 per cent, banking sources said. The Bank of England cut its own lending rate to nineReuter - 266 words
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Article130 1977-04-20 3 Reuter BERNE, Tues. Switzerland had a trade deficit of 350.5 million francs in March compared with shortfalls of 114 million francs in February and only 6.2 million francs in March last year the Federal Customs Office said. Imports totalled a monthly record of 4.02 billion francs comparedReuter - 130 words
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830 1977-04-20 3 LONDON, Tues Reuter FOR centuries Britain's shores beckoned to refugees fleeing from illiberal regimes In other countries. These days there Is a movement in a reverse direction. More and more people are leaving Britain to escape the clutches of the taxman.Reuter - 830 words
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Article142 1977-04-20 3 AP DAR ES SALAAM, Tues. Tanzania announced yesterday the formation of a new government-owned airline to be known as Air Tanzania. A statement issued by the Ministry of Communications said that the management of the new airline has been instructed to carry out administrative preparations "necessary forAP - 142 words
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449 1977-04-20 3 FRANKFURT, Tues. Reuter PROVISIONAL figures show demand for West German industrial products weakened in the first two months of 1977 compared with end 1976, the Bundesbank said in Its monthly report. Provided no major revision to the figures Is made, It seems German manufacturers bookedReuter - 449 words
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114 1977-04-20 3 Reuter CAPE TOWN, Tuea. South African Prime Minister John Vorater aaid the worat of the receaaion in domeatic economic activity is not yet over despite the diatinct improvement since the middle of laat year in the balance of paymenta current account. If itReuter - 114 words
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Article40 1977-04-20 3 ZURICH. Tues. The large foreign customer of Credit Suisse's Chiasso branch whose solvency problems may cause the bank losses of up to 250 million francs Is a financial holding company in Liechtenstein, bank general manager Heinz Wuffll said.40 words
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244 1977-04-20 3 Reuter LUXEMBOURG, Tues. European Economic Community finance ministers have agreed to Italy's application for a US$5OO million (551.200 million) community-guaranteed loan. West German Finance Minister Hans Apel said. Mr. Apel said the loan will be paid out In one tranche at Italy's request andReuter - 244 words
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Article51 1977-04-20 3 Reuter NEW YORK. Tues. Trans World Airlines said It signed an option with Boeing Company setting delivery dates ift 1978 for up to 10 boeing 727-200 aircraft. The schedule calls for delivery of four aircraft in October 1978. three in November 1978 and three in December, 1978, TWAReuter - 51 words
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Page 2 Advertisements
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Advertisement553 1977-04-20 2 ASIAN SEMINARS LIMITED CONFERENCE PROGRAMME Following our successful 1976 International taxation and Investment conference we are pleased to present, In association with the University of Hong Kong, a further two International conferences. INTERNATIONAL TAXATION ESTATE PLANNING CONFERENCE Hong Kong 23-25 MAY 1977 This conference is presented for businessmen and professional553 words
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Page 2 Miscellaneous
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Miscellaneous42 1977-04-20 2 THE WEATHER WEATHER report for 24 hours prior to 7.30 p.m. on April 19 at Singapore airport. Maximum Temperature Associated Humidity Minimum Temperature Associated Humidity Hours of Sunshine Rainfall in Millimetres Total Rainfall for the Month Total Rainy Days for the Month42 words
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Miscellaneous281 1977-04-20 2 0 TV SINGAPORE 5 3.00 P.M. Opening Announcements followed by Serbanika (Malay) (r) V 3.35 Diary of Events (Malay) 3.40 General Hospital 4.20 International Zone "Nabia: A Trust Betrayed" (r) 0 4.45 Intermission 6.00 P.M. Opening Announcements followed by Electric Company 6.30 News in Brief 6.35 One Northern Summer Games281 words
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Page 3 Advertisements
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Advertisement0 1977-04-20 3 (@}!>%)`\:[<`')\|*|>'}<],'[&"]'0 words
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Advertisement660 1977-04-20 3 Progress Report 1/1977 f.(> «<j ft" \t I td-LJ I Arab-Malaysian Development Bank Berhad ARAB-MALAYSIAN DEVELOPMENT BANK. First bank to link Malaysia and the Arab World with the aim of strengthening bilateral investment and trade through development finance. Some achievements in the fields of development and wholesale banking in Malaysia660 words
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COMPANY NEWS
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441 1977-04-20 4 TRUE to its forecast, Pahang Consolidated has' turned In a hefty 124.1 per cent rise In pre-tax profit at MS2 77 million for first six mont is ended June 31, 1977. Pahang chairman. Datuk Syed Nahar bin Tun Syed Sheh Shahabuddln, had said441 words
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340 1977-04-20 4 PRIVATE investment in the industrial sector continued at a disappointingly low level in Asian countries in 1976. According to Mr. Robert J.E. Henrey. president of Private Investment Company for Asia, this was because the renewal of investor interest, which had been anticipated at the340 words
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Article109 1977-04-20 4 MARCH 1977 Metric Tons Aokani 129 72 Austral Amalgamated 123.37 Ayer Hitam Tin 174 78 Berjuntai 395 10 (lopeng Consolidated 164.50 Idris Hydraulic Tin 28 61 Kamunting Tin 44 45 Killinghall 79 29 Kinta Kellas Tin 48 38 Kramat 35 98 Kuala Kampar 30 78 Lower Perak 25109 words
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COMPANY MEETINGS
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Article21 1977-04-20 4 THE following company meetings are due: I.: Apr 20. 11.30 a.m., 4th mile stone. Jalan Mersing, Kluang, Johore.21 words
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Article16 1977-04-20 4 Apr 26, 12 noon. Registered Office. Rumah Harimau, 468 Jalan Ipoh, Kuala Lumpur.16 words
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Article15 1977-04-20 4 Apr 27. 9.30 a.m.. Registered Office, 16 Jalan Tangsi, Kuala Lumpur.15 words
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Article15 1977-04-20 4 Apr 28, 12 noon. Registered Office. Chartered Bank Chambers, Beach Street, Penang.15 words
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Article14 1977-04-20 4 Apr 28, 12 noon. Registered Office is Claymore Drive Singapore 9.14 words
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Article17 1977-04-20 4 Apr 29, 10 a.m., 24th Floor. Hong Leong Building, 16 Raffles Quay. Singapore 1.17 words
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Article645 1977-04-20 4 Current payment Ex Date Date payable Total for the year Total for Austral Enterp. 20%I Mar 31 TaUmMiDM 5%I Mar 31 Goodwood Park 7.5% Mar 23 Hotel Malaysia 5% Mar 23 Sel. Coconuts 10%I Mar 29 Kamunting Tin 25.641 Mar 16 Sthn. Kinu Cons. 25%I Mar 16 K.L.645 words
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Article348 1977-04-20 4 DESPITE all the confident talk about an imminent recovery from its disastrous performance in the last three years, Folex Industries has suffered a further loss of M 51.41 million for the first six months ended Feb 28. 1977. Although the loss is smaller than the $2.18348 words
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LATEST RESULTS
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39 1977-04-20 4 Group pre-tax profit MS3.31 million ($3.16 million) on turnover $2.11 million ($2.98 million) for the year ended Jan 31. 1977. Parent company pre-tax profit $1.26 million ($1.39 million) on turnover $1.67 million ($1.55 million).39 words
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Article1413 1977-04-20 4 On April 18 TRADING In options on the Chicago Board Options Exchange came to 86,270 contracts on Monday. OPTION JLY OCT JAN STOCK Alcoa 50 9 9 5/8 UNTRD 58 1/2 Alcoa 60 I 1/2 2 7/16 3 1/8 58 1/2 Am Tel 55 8 NOL NOL1,413 words
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1301 1977-04-20 4 KEITH LEWIS - By KEITH LEWIS FT IF there were such a thing as a prize for mental endurance. then it would surely be awarded to the Hill Samuel team whose Job it has been for the past three years to dismantle the complex businessFT - 1,301 words
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213 1977-04-20 4 LONDON. Tues. In a home market that held up well and with exports improving ball and china clay extractor, processors and sellers Watts Blake Bearne expanded pre-tax profit by £90.000 to a record 12.52 million including an exchange rate gain of 139.000 in 1976.213 words
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Page 4 Advertisements
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Advertisement75 1977-04-20 4 Everybody is asking... ASEAN -what is it really all about? New Directions tells yon No 1 Vol 4 Nn J »i\S [2i_£No 1 -mh M t,¥C? I V i-i aseanOS® year jbJu march 1977 tw«» The Circulation Manager Times Periodicals Pte. Ltd., 422 Thomson Road, Singapore 11. Please send me75 words
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INTERNATIONAL COMPANY NEWS
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Article157 1977-04-20 5 Reuter NEW YORK. Tues. RCA reported a 61 per cent rise In first quarter profit over the same period a year, and predicted that 1977 would be Its best year ever. RCA reported first quarter profit of US$l3l.l million, or $2.30 a share, up from $81.3Reuter - 157 words
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Article114 1977-04-20 5 Reuter NEW YORK. Tues. Philip Morris, the diversified tobacco and beverage producer, reported a 25 per cent gain in first quarter profit over the same period a year ago. Philip Morris said its first quarter profit totalled US$7l.4 million, or $1.19 a share, up from $56.9 million,Reuter - 114 words
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Article33 1977-04-20 5 Reuter NEW YORK. Tues. W.R. Grace said it and Aceto Chemical have terminated merger plans. Grace had previously aereed to acquire Aceto for 750.000 common shares. No reason was given.Reuter - 33 words
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Article572 1977-04-20 5 Reuter MELBOURNE, Tues. It is essential that Mary Kathleen Uranium (MKU) receives price increases for its contracted uranium sales by May 31 If it Is to remaln viable, MKU chairman Mr. Frank Esple told the annual meeting for calendar 1976. He said the price Increases.Reuter - 572 words
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Article431 1977-04-20 5 LONDON, Tues. A planned £12 million investment in group UK tobacco factories over the next three to four years will ensure that Gallaher has both the competitive cost structure and the manufacturing capacity to grasp marketing opportunities at home and to build on its encouraging cigarette and431 words
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Article772 1977-04-20 5 ELIZABETH M. FOWLER - By ELIZABETH M. FOWLER NYT "WHY is there such a high turnover in the computer programming department?" a spokesman for Pitney Bowes was asked. "The turnover is absolutely f'erce." he agreed. "Programming is a mobile occupation. It's easy for them to find jobs." The question cameNYT - 772 words
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188 1977-04-20 5 UPI. TOKYO, Tues. The government financed Power Reactor and Nuclear Fuel announced the development of a simple, low cost method to extract uranium from phosphoric acid solution. The company's chief researcher Mr. Shulchlro Hlrono said the process Is entirely different from and simpler thanUPI. - 188 words
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175 1977-04-20 5 Reuter HANOVER. Tues. Continental Gummlwerke broke even in first quarter 1977 and will try to accelerate the reduction of its carried-forward losses, managing board chairman Mr. Carl Harn said. He told reporters he Is cautiously optimistic for the current business year, but declined toReuter - 175 words
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Article112 1977-04-20 5 Reuter NEW YORK. Tues. The directors of Madison Square Garden, which owns the Famed Sports Emporium, race tracks and professional sports teams, have approved a merger into Gulf and Western Industries. Madison Square Garden said. On April 7, Gulf and Western offered US$lO a share for allReuter - 112 words
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Article1020 1977-04-20 5 Paddy McGarvey - ORE FIND IN IRELAND By Paddy McGarvey NYT HEAVY mining operations have traditionally taken place in such wild and remote parts of the world that it came as a surprise when one of the biggest ore discoveries occurred in Ireland's green and civilised County Meath.NYT - 1,020 words
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Article304 1977-04-20 5 Reuter NEW YORK. Tues. B.F. Goodrich reported an 87.5 per cent tump in first quarter profit this year over the same period In 1976. The tyre and rubber maker said Its profit for the quarter totalled US$lB million, or $1.19 a share, up from $9.6 million,Reuter - 304 words
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Article27 1977-04-20 5 Reuter LONDON. Tues. Nordic Bank, the international bank set up by three leading Scandinvlan banks, said it opened a new subsidiary In Hongkong. Nordic Asia.Reuter - 27 words
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Article897 1977-04-20 5 Robert Lindsey - By Robert Lindsey NYT IN a dispute that probably foreshadows similar clashes in the future as the nation shifts into the uncertain era of electronic banking, major position is developing to a plan by Sears, Roebuck to move heavily Into the savings and loan Industry.NYT - 897 words
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296 1977-04-20 5 Reuter HANOVER, Tues. West German state-owned steel and shipping concern Salzgitter s 1976/77 group result will probably be worse than in 1975/76 wnen it had a break-even balance sheet result only after drawing on 50 million marks of open reserves, managing board chairman Mr. Hans BlrnbaumReuter - 296 words
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111 1977-04-20 5 AP NIAGARA FALLS, Tues. Western New York's sagging economy received a boost this weekend when the international division of Hooker Chemicals and Plastics began moving Its headquarters into a refurnished bank building. The division will occupy two floors of the Marine Midland Building and willAP - 111 words
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Page 5 Advertisements
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Advertisement143 1977-04-20 5 Im LA r|B ss**sSi J FROM. J Winget is the name for concrete mixers/ dumpers Whatever the job, from small site to the largest contract there is a Winget mixer and/or dumper to suit every Hand-fed and hopper fed tilting models, reversing drum mixers and high speed pan types are143 words
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Article2047 1977-04-20 6 1577 High Low Compaay Last Sale +orGr'» div Div c'tt r'H N+ P/E V«l Day Hick Low SECTION ONE INDUSTRIALS 146 133 204 78 212 06 198* 163 219 392 136 127 204 61 212 57 160 155 182 364 Acma Ac ma A Alcom Allied Choc2,047 words
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Article1155 1977-04-20 6 BID and offer prices officially listed 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 "Sett." Big Board1,155 words
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Article1283 1977-04-20 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 loti of 1.000 units unless otherwl:e specified. industrial* Aetna (1.438 1 495). Laytapa (0 4718). Ajinomoto (2.028). Alcam (11,283 words
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Article84 1977-04-20 6 STRIKING price* of the stock options officially listed on the Stock Exchange of Singapore, the periods, bid and offer prices and business done yesterday, with the number of options traded shown in brackets. D.B.S. (June $3.90) (0 05*B 0.08S): Inchcape (June $2.40) (0.118). 0.U.8. (June $3,501 (0.08S). Pan84 words
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Article156 1977-04-20 6 SINGAPORE IIVIT TRUST INCOME BOND UNIT pricc* for Apr 20) (Current price*) The Commerce 1.73 1.83 INCOME BOND ..1 04 1.10 The Saving Fund .0 80 0 94 S pore Prog Fund 0.79 S pore Security Fundi .47 0 84 1.55 MARA BUMIPUTRA FUND S pore Invest Fund156 words
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Article165 1977-04-20 6 B O T 8 1/2% 1981 (100,000) (1038 103*45) D B S 8 1/2% 1982 (100.000) (IOO'/eB 100 7 '«S) DBS Convert! 6 1/2% 1991 (100,000) (97'/«B 98S) E I B 9% 1982 (100,000) (103V»B 104 '4S) E I B 8 1/4% 1983 (100,000) (IOOHB 101 *S) I165 words
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Article93 1977-04-20 6 5 1/2% 15/4/78 (250,000) (101.518 101.655) 5 1/4% 15/7/78 (250,000) (101.458 101 535) 6 1/2% 15/8/78 (250,000) (103.10B) 7% 1/7/79 250.000) (104.70B) 5 1/2% 1/10/77-79 250,000) (101.508 101.535) 5 1/4% 15/10/79 (250,000) (101.158 101.255) 6 3/4% 15/6/80 (250,000) (103.30B) 6 3/4% 1/12/801 (250,000) (103.10B) 5% T F93 words
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Page 6 Advertisements
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Advertisement221 1977-04-20 6 m*. ?<• m mm > w f m im m ■w Wk H," .■v"* ■'X V* T4 *3 or* V"' /V--#P* re Alex Josey has long been an observer, recorder and commentator of the Singapore scene. In this new book, he examines and explains the success of Singapore's tripartite alliance221 words
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Article384 1977-04-20 7 GENERALLY easier conditions continued to prevail at the Stock Exchange of Singapore yesterday with most counters traded slightly lower from their overnight levels. Except for speculative interest in Central Sugars, there was a lack of interest in the other counters right from the opening bell. The apparent384 words
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Article413 1977-04-20 7 SHARES were traded marginally lower in the absence of fresh support at the Kuala Lumpur stock market yesterday. With operators still in a very cautious frame of mind, prices eased gradually right from the opening bell. Light buying was evident but remained largely concentrated in413 words
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230 1977-04-20 7 LONDON, Tues. On sales 28 per cent ahead at £173.36 million, pre-tax profit of the Associated Biscuit Manufacturers for 1976 was £43.000 ahead at £10.17 million Mr. R. P. Carr, the chairman, says that a decline in UK profit was compensated by a similar increase230 words
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WALL STREET AND OTHER OVERSEAS MARKETS
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Article1040 1977-04-20 7 NEW YORK: The stock market, concerned about President Carter's upcoming energy proposals, virtually Ignored a sharp rise In March housing starts and finished broadly lower In light trading on Monday. The Dow Jones average dropped five points to close at 942.76 points. Analysts attributed the decline partly to1,040 words
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Article530 1977-04-20 7 TOKYO: Prices rose sharply In fairly active trading on Tuesday. following the cut In official discount rate to five per cent from six. dealers said. The Dow Jones average rose 40.66 to close at 5.075.43, with volume 300 million shares. The new index closed at 378.74, up 3.77 Active530 words
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Article371 1977-04-20 7 JOHANNESBURG Gold shares were narrowly mixed In quiet trade on Monday, reflecting a lack of Interest, dealers said Financial minings were unchanged to a fraction lower. In diamonds. De Beer* declined five cents to 405, while Anamint shed 25 cents to 4,100. In platinums Ruaplat and Lyd Flat, both371 words
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Article397 1977-04-20 7 SYDNEY: Share prices closed mixed on Tuesday, with buyers cautious of the outcome of current wage/ price negotiations, although some mines and industrials were bought selectively, dealers said. Pancontinental rose 20 to 11.70, and QtMMsland Mines five to 2.00. CRA rose five to 3.20 and BHP, Wool worths and397 words
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Article402 1977-04-20 7 HONOKONO: The market closed easier on Tuesday, In active trading on profit-taking following Monday's sharp rise and some disappointment at Jardine Matheson't final 1976 results, dealers said The Hang Seng Index dropped 6.68 points to close at 430.63 points. JardinM fell $1 to $16.70. It announced a five per402 words
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Article317 1977-04-20 7 FRANKFURT: Shares rose sharply In lively trading on Monday, especially on orders from domestic Investors switching from bonds Into shares, dealers said. Siemena roae moat atrongly, gaining eight marka, while Karatadt followed with 7.40 marks Other leading shares rose broadly up to three marks firmer. On the bond market,317 words
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Article376 1977-04-20 7 PARIS: The market was lower across-the-board on Monday, discouraged by Friday's record unemployment figures and political tension. The placing of two billion franc small business loan with Institutions has deflected a substantial amount of liquidity from the market, dealers said. BSN, Cie Bancaire, Boret, Peugeot, Thomson and Aquitaine were376 words
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Article296 1977-04-20 7 AMSTERDAM: Shares firmed on Monday, with Hoogovem and Royal Dutch leading gains In Dutch Internationals, dealers said Sentiment was aided by a favourable corporate news flow and the bankrate cut. Gist, Gokker, KLM and Van Ommeren featured gains elsewhere. Banks weakened, and Insurances were mixed. State loans advanced over296 words
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Article188 1977-04-20 7 BRUSSELS: The market was generally higher on Monday, with some sharp rises reflecting both continued firmness on Wall Street and election results which confirmed effective control of the Social Christian Party with only modest gains for the Socialists, dealers said. Local issues to rise included, Asturienne, Vieille Montagne, Hoboken,188 words
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Article280 1977-04-20 7 BASLE: The Basle bourse was firmed In active trading on Monday, dealers said (Zurich bourse closed on Monday for local holiday). Hoffroche shares continued lower on some selling Swissair firmed slightly. Among Irregular banks. Bankverein gained while Kreditanstalt lost ground. Financials rose led by Landis and Oerlikonßuehrle bearer. In280 words
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Article178 1977-04-20 7 MILAN: The market closed mixed In thin trading on Monday, with some profit-taking among leading operators, dealers said. Sentiment continued rather cautious. Leading Industrials ruled narrowly mixed, with Fiat, Anic, Snia, Viacoaa and Pirelli Spa falling. Pirelli EC was marginally higher, as were Montediaon during the annual meeting and178 words
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Article201 1977-04-20 7 APR 18 C* Abittbl 10H unch Alcan 29 -s Algoma 15H unch Bank Mont 14 1 Bell Tel 49'* unch Beth Corp 12'* unch BP Can Ltd 11 unch Brascan 11V* unch Camp Red Lake 28 Can Imp Bk 23H unch Canpac 17% Canpac Inv Pf 35% Carllng O'Keefe201 words
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Article177 1977-04-20 7 MANILA: The market rose slightly In more active trading on Tuesday, with minings generally firm, leading commercial Issues steady but oils lower, dealers said. Total turnover rose to 2.70 million pesos from Monday's 1.33 million. Gainers were Atlas Con A and B while PLDT, Phil Oversea* and Seafront lost177 words
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Article91 1977-04-20 7 APR 19 Bahts Asia Fibre 172 -12 Bangkok Bank 311 •18 Bangkok Invest 193 unci) Bangkok-Metro-politan Bank Bata 439 -12 BerliJucker 238 -22 Charoong Thai Wire 186 -3 Dumex DusttThanl Faber Merlin First Trust Indo-Thai Industrial Finance Corp 1395 unch J And J Ho 233 ♦4 Jaiaprathan Cement 18291 words
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Article64 1977-04-20 7 FINANCIAL TIMES INDUSTRIALS Monday 409.1 Friday 416.5 Week ago closed DOW JONES AVERAGE INDUSTRIALS Monday 942.76 Friday 947.76 Week ago 924.10 LONDON DOLLAR PREMIUM Monday 119V> to 120 Friday 120'« to 121*4 H.K. HANG SENG Monday 446.31 Friday 436 66 Week ago closed SYDNEY INDUSTRIALS Monday 351 38 Friday64 words
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Page 7 Advertisements
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Advertisement176 1977-04-20 7 Confront Singapore's decision makers in Business limes 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 who176 words
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COMMODITY REPORTS AND PRICES
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Article365 1977-04-20 8 AFTER a fractionally lower opening in the Singapore rubber market yesterday, prices firmed slightly in early trading with May traded at 199.75 cents on light buying interest following higher Japanese advices, dealers said. At mid-session, prices fell back on speculative offerings and May was traded365 words
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Article30 1977-04-20 8 Rubber: April 19 Singapore: May 198.50 cts. (down 1.00 ct.) Malaysia: May 199.75 cts. (down 1.25 cts.) Tin: $1,439.00 (up $10.00) Official offering: 165 tonnes (down 35 tonnes)30 words
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Article163 1977-04-20 8 THE Straits tin price In Penang yesterday, was up $10.00 to $1,439.00 on an official offering down 35 tonnes to 165 tonnes. In LONDON yesterday morning, tin declined by mostly £55 per tonne in both contracts. The rise at Penang and a certain amount of continental demand prompted163 words
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Article497 1977-04-20 8 THE following Palm Oil prices were quoted in Londor on Monday The prices are elf Rotterdam and are quoted In US dollar per ton unless otherwise stated Monday Prev. Malaysia 5% (fa bulk 652 sir 655 sir June/ Jly Sumatra 5% 850 pd Apl 665 qtd May 665497 words
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Article100 1977-04-20 8 May June R.A.S. (Current Mth) (Forward Mth) Buyer* Seller* Buyer* Seller* (cei ■t* per kg) (cenu I ter k*> SSR20 (1-ton Pallet) 194 00 195 .OON 195.00 196.OON SSR50 (1-ton Pallet) 192 00 193 OON 193 00 194 OON M.R.E.L.B. SMRSCV (1-ton Pallet) 218.50 219.508 220 50100 words
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Article299 1977-04-20 8 CHINESE PRODUCE EXCHANGE, SINGAPORE NOON CLOSING PRICES PER PICL'L YESTERDAY. Coconut CMI: Bulk $110 sellers, old drum $115 sellers, new drum $120 sellers. Copra: Mixed (loose) Uk/Cont. $71 buyers. Pepper Muntok ASTA white f ob 100% NLW $4024 sellers, Sarawak white f o b. 96% NLW $382 1299 words
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Article345 1977-04-20 8 IN dull and lacklustre trading, the kllob&r was quoted In the range of 5112.030 to 5512,050 In the Singapore gold market yesterday. The loco London gold opened at US$l5l.OO/ 151.50 and closed at U*****.70/ 151.00 with most operators staying on the sidelines. The London morning fix was U*****.70 down345 words
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Article115 1977-04-20 8 LONDON, Tues. Lead gained £2.50 per tonne all round In the morning. The market was steady aided by the trend in copper, some physical demand on US account and the tightness of scrap metal, dealers said. Three Months traded up to £382 in the pre-market, but softened In the115 words
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Article49 1977-04-20 8 LONDON, Tues. Zinc rose by mostly £2 In the morning reflecting the trend In other base metals, dealers said. There Months touched £392 in the early pre-market but was shaded in the Ring under hedge selling to £388 before short-covering partly reversed the trend. Sales were 2,850 tonnes.49 words
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Article334 1977-04-20 8 LONDON, Tues. Coffee futures recovered from earlier lows but still closed the morning £87 to £117 down from last night. Volume was 1,264 lots. The official market tone was "steady". July, the most actively traded month, was £96 down at £3,937 after hitting a low of £3,922. Distant March334 words
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Article226 1977-04-20 8 BANGKOK, Tues. Indicative prices quoted for rice are: US dollars per tonne fob basis Bangkok White Rice: 100 per cent Ist class 280 100 per cent 2nd 209 100 per cent 3rd 204 5 per cent 254 10 per cent 233 15 per cent 230 20 per cent 227226 words
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Article164 1977-04-20 8 CHICAGO, Mon. Soybean futures closed with 30 cent a bushell limit gains In old crop months and September, while posting new crop gains of 171/4 to 15 cents. A burst of speculative buying and a lack of sellers brought a maximum advance through $10 in old crop positions at164 words
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Article114 1977-04-20 8 CHICAGO, Mon. Wheat futures closed IV* to Vi cent a bushel lower on a light trade. The sharp opening advance in soybean futures stimulated speculative buying which brought small initial gains but prices eased back as trading thinned. Some selling was prompted by the continued improvement in soil moisture114 words
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Article336 1977-04-20 8 LONDON, Tues. Copper wlrebars gained £2 per tonne for Cash and £1 for Three Months in the morning. The early pre market was steady at £855 per tonne following the overnight New York trend but pricing sales soon pared gains, dealers said. The lower levels found renewed buying support336 words
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Article138 1977-04-20 8 LONDON, Tues. Silver showed losses ranging from 0.9 to 0.2 pence per troy ounce In the morning. Following early pre-mar-ket steadiness, sentiment In this metal was dampened by lower gold, dealers said. Values softened with the trend continuing In the Ring under the influence of the bullion dealers' fix.138 words
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Article213 1977-04-20 8 LONDON, Tues. Terminal sugar was well supported at Just below firm overnight Kerb levels, showing first call gains from yesterday of £5.10 (Aug at £149.80) to £4.50. Dealers said sentiment was still influenced by market talk of substantial sugar offtake by the USSR in addition to similar talk of213 words
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MONEY AND EXCHANGES
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Article617 1977-04-20 8 SINGAPORE'S forex market turned quiet yesterday, with attention still on the yen. Although activity in the Japanese currency was not as heavy as on Monday, local dealers did make some speculative moves. However, this tapered off after a while and dealers said that this was mainly due to uncertainty617 words
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Article176 1977-04-20 8 Asian rates ASIAN currency deposit Interbank rates as at close on April 10. 19 Dollar* (Spot) Offer 1 Bid 7 days .47/8 43/4 1 mth .4 15/16 413/16 2 mths 5 1/16 415/16 3 mths .53/16 51/16 6 mths .51/2 5 3/9 9 mths 5 3/4 5 5/8 12 mths176 words
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Article51 1977-04-20 8 RANOE of price* offer by discount houses on April 19 Overnlfht IS to 3H Call deposit 2 to 3% Buy >• Selliaa 3-Month 2 7/8 Treasury bills 3 3'Month Bank bills 4 1/16 3 15 16 3-MonthsCD 4 1/2 4 5/16 6-Months 4 9/10 4 7/16 Source: National Discount51 words
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Article173 1977-04-20 8 Euro rates LONDON, Tues. Eurodollar deposits opened little changed In continuing quiet trading, dealers said. The loss of a Friday end of period made for an opening fall of around 1/4 In One Month but other time deposits opened unchanged and traded steady. Dealers said usual early Singapore interest and173 words
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Article215 1977-04-20 8 LONDON, Tues. Major currencies opened little changed In quiet trading conditions in the main European currency centres. Sterling drifted down slightly to $1.7189/91 from 1.7194/96 overnight with the Bank of England possibly absorbing one or two initial selling orders in the currency, dealers said. But the British central bank,215 words
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Article217 1977-04-20 8 NEW YORK, Mon. The dollar closed slightly firmer than on Friday after a modest trading day ahead of President Carter's televised address tonight on energy policy. Dealers said the gains, which partly reflected at 17 per cent rise in US housing starts in March were checked by market217 words
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Article171 1977-04-20 8 HONGKONG, Tues. The US dollar was quoted at HK$ 4.6460/80 In late afternoon trading, unchanged from yesterday, after rising to around $4.6500/20 on some commercial demand in the morning, dealers said. Trading in the local currency was quiet but US $/yen dealings were active, with the US unit rising171 words
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Article127 1977-04-20 8 TOKYO, Tues. The Bank of Japan is believed to have sold an estimated $5 million to stem a sharp depreciation In the yen early today, dealers said. The US dollar for overnight delivery closed at 276.40 yen compared to 275.80 at the opening and 273.80 at yesterday's close. Trading127 words
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Article60 1977-04-20 8 Minimum lending rates (in acbc 6*4 First Chicago 6*4 Algemene Bank 6*4 Citibank 6*4 Bangkok Bank 7 HSBC 7 Bank of America 6*4 Indosuez 6*4 Bank of China 7 Malayan Banking 6*4 Bank of Tokyo 6*% Mitsui Bank 6*4 Bank Negara OCBC 6*4 Indonesia 7 OUB 6*4 Chartered Bank UCB60 words
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Article48 1977-04-20 8 AUSTRALIA/NZ exchanges quoted on April 19. AiiQtrs) lifl sterling 0.6466/0.6396 US dollar 1.1084/1.1036 Ninety-day air mail buying rates: Sterling 0.6673 US dollars 1.1337 Ninety-day forward buying rates: Sterling 0.6479 US dollars 1.0969 New Zealand: Sterling 0.5606/0.5575 US dollar 0.9686/0.9586 Ninety-day forward rate: Sterling 0.5843 US dollar 0.986648 words
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Article40 1977-04-20 8 ZURICH exchange closing quotes on April 18. US 2.5102-5112 UK 4.3145-3180 Can 2.3910-3930 W/Germ 106.27-36 Neth 101.96-102.05 France 50.54-57 Belg 6.92-1/2-93-1/4 Denm 42.01-04 Norw 47.82-85 Swed 57.96-58.00 Italy 0.2827-2830 Austria 14.96-98 Port 6.48-50 Spain 3.65-1/2-66-1/4 Arg 0.70-85 Jap 0.91-1/2-9240 words
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Article34 1977-04-20 8 FRANKFURT exchanges opening quotes on April 19 US not available Can 2.2510/30 UK 4.06/07 Neth 95.70/80 Swltz 94.08/ 18 Italy 2.66/67 France 47.60/70 Norw 44.95/45.01 Belg com 6.510/525 Belg fin 6.48/50 Japan 0.8545/6034 words
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Article300 1977-04-20 8 LONDON Eurobond prices quoted o April 19 Straight! Bid Offer Austria 8% 90 100'* 101% Bell Canada 8V. 86 105% 105% BFCE 8% 83 102 V, 103 Brazil 9^84 97% 98% Can Pacific 9 V. 83 104% 104% Credit National 8*86 99". 100% ECSC 9 83 104 104%300 words
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Page 8 Advertisements
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Advertisement205 1977-04-20 8 TOP EXECUTIVE how to achieve it...how to hold it...TODAY.. is for YOU the :younger executive ora P.* sl^S y,** 'V** •■•{>*&.'' YT .;»> TOV <■ s HV.VSS* E L I how to aeVueve a... I how to hoW 'A..Aoc\c.v UmMMMtel Tliis forceful, fast-reading new Guide exposes the dynamic strategies seldom205 words
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TRANSPORT AND COMMUNICATIONS
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612 1977-04-20 9 FT JUBA (Sudan), Tues. The antennae, dish and mast of an earth satellite station looms into the sky from a mud hut village outside Juba. capital of the South Sudan and probably the poorest territory in Africa. A crazy waste of money?FT - 612 words
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Article133 1977-04-20 9 Reuter LONDON. Tues. The shipping community must work together to ensure the world fleet is limited to a size which can be employed reasonably profitably in the years ahead, shipbrokers Eggar Forrester Ltd said in its latest sale and purchase report. It is also important that theReuter - 133 words
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163 1977-04-20 9 AP ROME, Tues. The Italian Government has disclosed that It has decided to shelve Its plan to scrap all Its passenger liners and It has agreed to keep four of them In activity for cruises, Including the 33,000-tonnes Leonardo Da Vinci. The state>run FlnmareAP - 163 words
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608 1977-04-20 9 Reuter HAIFA, (Israel), Tues. A coastal radar station had spotted a suspicious object five km out in the Mediterranean. The commander of the Israeli naval patrol boat a lieutenant barely old enough to hold a motor vehicle licence barked out his ordersReuter - 608 words
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Article, Illustration365 1977-04-20 9 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Ellen Bakke (2030 after Nehaj) 6/7 Glenfalloch (1800 after Fuso Maru) (Class I on board) 47 Kam Fai (0800 23 K Helena (1100 after Ibn Hayyan) 44 Noshlro Maru (JDXK) (1300 after Orchard Gold) 13/14 Palm Sea Horse (P/O) (1000) 16 Panehan (0700365 words
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303 1977-04-20 9 AP. STOCKHOLM, Tues. Sweden's Government introduced a shipbuilding package yesterday, proposing the establishment of a giant state-owned shipbuilding concern, US$922 million (551.212 million) in direct government subsidies, and state credit guarantees amounting to US$2.3 billion. The government plan is Intended to be a temporary solution, whichAP. - 303 words
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Article165 1977-04-20 9 AP LONDON, Tues. Most voyage fixing yesterday emanated from North America, while charterers tended to cover South American business on a time-charter basis. The overall rate structure remained virtually unchanged. Cook paid US$9.6O (HO) to the Amste Ihof for a 30,000-tonne US GulfJapan grain movement in AprilAP - 165 words
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Article, Illustration39 1977-04-20 9 The XI electric car prototype which the Fiat Company is showing at the international symposium on car propulsion systems in Washington. The symposium which started on Sunday will end on Friday. UPI pic- UPI pictureUPI picture - 39 words
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134 1977-04-20 9 AP TOKYO. Tues. China has completed and put In use what it calls its first underground water-tight stone cave oil tank, Peking's Hsinhua news agency reported yesterday. This is a new way of expanding the storage capacity for oil and oil products," said Hsinhua inAP - 134 words
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Article596 1977-04-20 9 ARRIVALS Service Local Operator Number Time From G TMA TL304B 0530 TPE T MAS MH682 0810 KCH s PAA PA841 0950 SFO/HNL/GUM CAL CI816 1000 HLP j CPA CX710 1000 HLP SIA SQ211 1015 HLP GIA GA980 1030 HLP THAI TG423 1035 BKK c THAI TG981 1050596 words
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318 1977-04-20 9 AP. OAK CREEK, (Colorado). Tues. When the wind blows in this rocky mountain town. It's good news for radio station KFMUFM. As the breezes blow, they turn the blades of an electric generator that produces nearly all the power of the station's transmitter.AP. - 318 words
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Page 9 Advertisements
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Advertisement191 1977-04-20 9 < r m MONTHLY ECONOMIC REPORTS With monthly political supplement for UP-TO-DATE HANDY REFERENCE ASIA RESEARCH BULLETIN This unique publication offers businessmen eoch month a comprehensive guide to the latest developments that have taken ploce in all important sectors of the economies of countries in East and Southeast Asia The191 words
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Article, Illustration794 1977-04-20 10 SOH TIANG KENG - By SOH TIANG KENG MANY Singapore contracters are now looking to West Asia In a cold hardheaded way, weighing up their prospects of business In the countries with new found oil wealth. Backed by billions of petro-dollars, Arab nations are pushing794 words
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Article1640 1977-04-20 10 JAMES FORTH - The problems this time are centred on the lenders to the property companies mainly finance companies, several with impeccable parentage, either local or overseas banks.... By JAMES FORTH FT IN SEPTEMBER, 1974, the construction and property group. Mainline, collapsed; It was followed soon after byFT - 1,640 words
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Article, Illustration956 1977-04-20 10 EDWARD COWAN - By EDWARD COWAN NYT WORRIED that they may be rapidly exhausting their oil and natural gas resources, the United States and Canada are looking to the far north to Alaska and the Arctic, for new supplies. The Arctic, a distant.NYT - 956 words
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Page 10 Advertisements
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Advertisement425 1977-04-20 10 He is the new child in a new age. He needs the encyclopaedia for today. Britannka 3. ft I I w The child of today is more involved. Iw More aware. And must learn 50% more than a child 20 years ago. That's precisely why yesterday's reference works can't really425 words
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611 1977-04-20 11 BANGKOK, Tues. Asian ministers, diplomats and experts are gathering here today for a conference which, apart from focussing on the economic problems of the Asian and Pacific regions looks like seeing a fresh if limited start to cooperation between Indochina and Thailand. About 30611 words
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Article257 1977-04-20 11 Reuter WASHINGTON. Tues. Chinese officials are still cool to expanding trade with the United States unless it cuts ties with Taiwan, Senator Richard Schweiker said yesterday. This remains a non-nego-tiatiable condition for normalising relations, according to Mr. Schweiker, co-chairman of a bipartisan Congressional delegation thatReuter - 257 words
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Article317 1977-04-20 11 Reuter TOKYO, Tues. The Japanese Government will encourage a general lowering of interest rate and step up Government expenditure on public works to put the national economy back on the road to full recovery, a Cabinet spokesman said. The Cabinet Council of Economic Ministers decided thatReuter - 317 words
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Article266 1977-04-20 11 UPI TOKYO, Tues. AVCO Financial Services (AFS), an American consumer financing company, announced plans today to establish a wholly owned subsidiary in Tokyo to extend loans to Japanese. Mr. Wallance Merryman, chairman of the board of AFS, and Mr. Shigeru Kimura, president of the AFSUPI - 266 words
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134 1977-04-20 11 UPI TOKYO, Tues. Japan will provide south Korea with a yen credit totalling 10 billion yen (SS9O million) to help finance agricultural and other projects. The Foreign Ministry reported yesterday. The ministry said six billion yen will be used for the promotionUPI - 134 words
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Article333 1977-04-20 11 BRITISH businessmen are more alert to the commercial prospects of Asean countries than they have been in the past. This was stated by Mr. Arthur Jackson, leader of the 16-member trade mission from Birmingham, in explaining the Increasing number of British trade missions to this333 words
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Article84 1977-04-20 11 Reuter RAWALPINDI, Tues. The Pakistan government today announced substantial pay increases from next month for its civil servants and armed forces. The pay package will cost the government US$l77 million (***** million) In the first yar. It will give the lowest paid civil servant InReuter - 84 words
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1361 1977-04-20 11 TEN years ago, the Asian Development Bank was launched to help translate an Asian dream into reality. The dream? Eventual eradication of abject Asian poverty. Has it been a decade of progress or a decade of disappointments for the bank? This is1,361 words
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277 1977-04-20 11 Reuter KUALA LUMPUR, Tues. Peninsular Malaysian crude palm oil production rose to 84,187 tonnes In January from 82,400 (revised) In December and 90,914 in January 1976, preliminary Statistics Department figures show. The total for the whole of 1976 was a revised 1,243,772 tonnesReuter - 277 words
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Article68 1977-04-20 11 THE Telecommunication Authority of Singapore (Telecoms) yesterday announced that new subscribers of telex, radio paging. land mobile and harbour craft VHF radiotelephone service and international leased telegraph circuits are now only required to pay advance rental for the first three months instead of 12 months previously. In68 words
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Article39 1977-04-20 11 THE Singapore Advertisers Association will be holding Its annual general meeting on Friday. After the meeting, Mr. Robert Klaverkamp, advertising director of Reader's Digest Asia, and Pacific region, will give a slide presentation on The Purchase Influence.39 words
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122 1977-04-20 11 Reuter TOKYO, Tues. A Japanese Minister flew to Washington yesterday for talks expected to finalise Tokyo's agreement to hold down colour television exports to the United States. Mr. Minoru Masuda, Japan's Vice Minister for International Trade Affairs, will have discussions with Mr RobertReuter - 122 words
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114 1977-04-20 11 Reuter SEOUL, Tues. The South Korean government has decided to open the domestic insurance market to foreign insurance companies. probably In May, Finance Minister Kim Yong-hwan told reporters. Foreign insurance firms will be allowed to operate either in Joint venture with local insuranceReuter - 114 words
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438 1977-04-20 11 BANKERS should consider the character of a customer as being of prime importance when they assess his creditworthiness. according to an article by Mr. Tan Khye Hock in the Securities Industry Review. Character Includes such factors as his "willingness" to repay loans rather438 words
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Article264 1977-04-20 11 UPI TOKYO, Tues. Government workers launched a massive four-day strike today in the final round of the spring labour offensive to press for higher wages. Five persons suffered slight injuries in the crush of overpacked trains as employees of the govern-ment-supported Japanese National Railways (JNR) stagedUPI - 264 words
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Page 11 Advertisements
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Advertisement390 1977-04-20 11 APPOINTMENTS A New International European Company requires A Sales Service Executive/Engineer to handle machine tools and related consumables. Several years sales experience and/ or practical knowledge in Machine Shop/ Tool Room Equipment preferred. A Diploma in Mechanical Engineering or at least a vocational certificate in a metal work subject desired.390 words
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Advertisement365 1977-04-20 11 A Plywood Manufacturing Company located in Jurong invites application to fill the following posts:1. ACCOUNTANT Applicants must oossess a recognised qualification with at least 2 years relevant working experience The successful applicant will report to the Controller 2. FIRE OFFICER Applicants must hove at least 5 years experience in similar365 words
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Article239 1977-04-20 12 Reuter PARIS, Tues. US Treasury Secretary Michael Blumenthal said in an interview published today that European countries should not apply protectionist policies, especially against Japan, in coping with their economic problems. Referring to the two-day summit of major industrialised nations scheduled to take place in London onReuter - 239 words
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Article213 1977-04-20 12 KUALA LUMPUR. Tues. Malaysia will become an importer of logs in about 20 years if the unnecessary rapid depletion of forest resources continues. Deputy Primary Industries Minister Paul Leong said current forest utilisation practices were known to be inefficient and this resulted in excessive213 words
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202 1977-04-20 12 KUALA LUMPUR, Tues. Investments In manufacturing industries are still coming in, a spokesman for the Federal Industrial Development Authority said l disclosed that a total of 76 joint venture proposals were received by the Authority in the first two months of this year 37 in202 words
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Article65 1977-04-20 12 A $90 MILLION oil rig described as one of the most expensive and the first of its kind to be built in this part of the world will be launched over the weekend. Far East-Levinston Ship- building in Jurong. built the semi-submersible rig. Treasure Seeker, for Whilh Wilhelmsen65 words
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Article817 1977-04-20 12 LONDON. Tues The market closed mixed In low trading volume on uncertainty surrounding the future of the government's wages policy, dealers said At 3 p.m.. the Financial Times index was down 1 4 at 407.7. Government bonds showed net rises of around among shorts on yield considerations, dealers817 words
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680 1977-04-20 12 Reuter UPI GENEVA. Tues. Australia estimates that a new international sugar agreement being negotiated In Geneva should set a price range of about USI3 cents (550.32) to 15 cents per half kg. Deputy Prime Minister Doug Anthony told Reuter here yesterday. TheReuter; UPI - 680 words
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194 1977-04-20 12 Reuter MANILA, Tues. Vietnam should guarantee the United States that it will not use captured US weapons worth US$6.5 billion (Ssl6 billion) in an aggressive manner against its Southeast Asian neighbours as a prelude for bilateral talks, a visiting US Congressman said here today.Reuter - 194 words
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131 1977-04-20 12 Reuter KUALA LUMPUR, Tues. Foreign Ministers of Asean meeting in Singapore in June are expected to finalise arrangements to invite leaders of Japan. Australia and New Zealand to meet Asean leaders here in August informed sources said today. The sources said AseanReuter - 131 words
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Article159 1977-04-20 12 Reuter SYDNEY, Tues. Hundreds of international airline passengers flew out of here today after up to four days of frustration and hardship caused by a strike which grounded overseas flights. The strike by aircraft refuellers and petrol tanker drivers had immobilised Jumbo jets belonging to BritishReuter - 159 words
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609 1977-04-20 12 Reuter LONDON, Tues. More and more trade unions are rebelling against the continuation of the wage restraints which have made the British worker steadily poorer during the past two years. After two phases of annual limits on wage rises, first 10 perReuter - 609 words
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751 1977-04-20 12 SINGAPORE'S position as a financial centre is readily attested to by the proliferation of banks here but more importantly, most of the largest banks are represented in Singapore. Of the top 30 banks in local syndication last year, 28 have interests here.751 words
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Article268 1977-04-20 12 UPI KLWALT, Tue». The Arab Boycott Office will not relax its rigid sanctions against companies tradihg with Israel, said Mr. Mohammed Mahgoub, general commissioner of the Boycott Office, in remarks published today. "The Arab Boycott of Israel Office is under no external pressure toUPI - 268 words
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Article135 1977-04-20 12 THE exploits of a famous Singapore family will be laid bare soon, if an advertisement in recent issues of the Straits Times gets the right response. The ad is looking for a journalist or ghost writer to dig into the exploits of a •decadent illustrious Singapore135 words
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Article116 1977-04-20 12 UPI BANGKOK. Tues. A delegation of Singapore businessmen led by Mr. K.C. Tan of the Chinese Chamber of Commerce financial committee held "a cordial talk" with Vietnamese Foreign Trade VlceMinister Nghiem Da Due. This news, which was released by the official Vietnam News Agency, was monitoredUPI - 116 words
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Article70 1977-04-20 12 Balfour Williamson and Co Ltd yesterday filed suits against Chong Fu, and Tarchln Co Pte Ltd and five others for a total of $551,128 being amounts allegedly due under three bills of exchange. The amount due under the first bill of exchange by Chong Fu Is said70 words
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Article49 1977-04-20 12 THE Post Office Savings Bank Is to open 13 new branches this year, according to its chairman, Mr. Tan Chok Kian, at the official opening of the Jalan Eunos branch last night. With the opening of the Jalan Eunos branch, the POSB now has 68 branches49 words
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Article404 1977-04-20 12 HONGKONG, Tues. With all round Improvement, Jardlne Matheson has enJoyed a 13.6 per cent rise In consolidated net profit to HK5301.5 million (SSI6O million) in 1976. And 11 expects the improvement to continue in the current year. The chairman, Mr. David Newbigglng, said that despite404 words
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616 1977-04-20 12 HAVING a union which represents supervisory staff as well as the rank-and-file can and will lead to greater productivity, said Mr. Phey Yew Kok, general secretary of the Pioneer Industries Employees' Union. Mr. Phey. who was speaking at the signing of616 words
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202 1977-04-20 12 AP LISBON, Tues. Premier Mario Soares meets US President Carter in Washington this week in an attempt to rescue a US$l.5 billion (553.7 billion) Western loan agreement needed to support Portugal's faltering economy. Another topic of the discussions onAP - 202 words
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Advertisement97 1977-04-20 12 *****1 WN i'f v W*S| r presents **P4Rl* A'la carte dinner daily from April 11 to 30, 1977. With three of Maxim's very own chefs to pamper you with haute cuisine. And a Maitred Hotel to give you "the softest, most personal, and if you desire, the most extravagant treatment"97 words