The Business Times, 30 August 1977
1977-08-30
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The Business Times
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Title Section9 1977-08-30 1 BUSINESS TIMES M.C.(P) 300/1/77 TUESDAY, AUGUST 30, 1977 50CENTS9 words
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Article48 1977-08-30 1 Reuter HELSINKI, Mon. Finland said today It will not take any decision until tomorrow on whether to devalue Its currency. Finnish banks suspended all foreign exchange trading this morning. The Finnish economy Is closely linked with Sweden, Norway, and Denmark, which have all devalued their currencies.Reuter - 48 words
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Article77 1977-08-30 1 AP WOLFSBURG, Mon. Volkswagen and MAN said today they have signed a contract to produce medium-sized trucks In a previously announced bid to win away some or Daimler-Benz lion's share of the European truck market. The trucks, ranging In size from six to nine tonnes, will be builtAP - 77 words
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Article32 1977-08-30 1 SENIOR Hongkong offclals who recently paid "look and learn' visits to Singapore have returned Impressed by the firmness with which housing, resettlement and redevelopment policies are being carried out here.32 words
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Article112 1977-08-30 1 AP WASHINGTON, Mon. There Is a danger of a worldwide depression In two or three years' time unless measures are taken quickly to shore up the International economic system, US Senator Jacob Javlts said today. If there Is another worldwide depression, It would be felt In the developingAP - 112 words
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Article66 1977-08-30 1 AFP CANET-PLAGE, (France), Mon. It rained frogs at Canet-Plage last night. Motorists who drove through a storm noticed that the "raindrops" were landing on their cars and then Jumping off again. An Investigation showed that the "raindrops" were In fact tiny frogs. Earlier In the evening,AFP - 66 words
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Article75 1977-08-30 1 AP NEW YORK. Mon. A US federal appeals court today gave the Port Authority of New York and New Jersey at least until Sept. 19 to continue its ban against flights of the Concorde at Kennedy airport. A three-Judge panel of the US Court of Appeals voted unanimouslyAP - 75 words
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Article79 1977-08-30 1 UPI NEW YORK, Mon. Stocks, which fell to a 19month low last week, headed broadly higher early today with the aid of bargain hunters. Trading was moderately active. The Dow Jones Industrial average, which gained 1.30 points on Friday, was ahead 3.30 points to 858.72 shortly before 11UPI - 79 words
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Chief Price Changes
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Article, Illustration166 1977-08-30 1 BANKING shares continued to dominate trading on the Stock Exchange of Singapore yesterday and pushed the Business Times index 1.78 points higher to a record 429.74. The Straits Times Finance index was up 1.52 points to 455.23 while the industrial average was marginally higher at 268.02. Rises166 words
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Article103 1977-08-30 1 Rises Most octivc 8.H. Chan 2.37 +.29 Sim Llm 904,000 Fancy Til* 1.10 +.22 UOB 282,000 7.40 3.40 +.20 +.10 O. Ceramics Bolton 200,000 188,000 YmH.8. roe +.08 Total Turnover: 4.17 If aOvtaie* C Sugar* i 1.80 3.00 .00 T 00 Total Value: M88.73 M M. Tabaeco103 words
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Article, Illustration2276 1977-08-30 1 QUEK PECK LIM - TRADERS PLAN STRATEGY •y QUEK PECK LIM THE Singapore Manufacturers Association (SMA) and other official trade bodies are now looking Intensively at the problems of exporting to Japan, which Is considered to be one of the top four potential export markets for Singapore products. The2,276 words
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Article93 1977-08-30 1 Reuter TOKYO, Mon. The Tokyo Btock Exchange today rose to its highest level since February 1973 In anticipation of government reflatlonary measures expected to be announced next week. Dealers said the market average gained 28.72 points to lose at 5,234.18 after 280 million shares, IncludingReuter - 93 words
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361 1977-08-30 1 DIFFERENCES such as the cultural gap separating Japan from the Western nations have under certain circumstances such as economic stress, led to distrust and suspicion. A recent Issue of the Japan External Trade Organisation (JETRO) publication, Focus Japan, quoted Professor Chlaki Nlshlyama of the361 words
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Article372 1977-08-30 1 THE number of foreign banks in Singapore reads like a roll-call of world banking. All but six of the top 50 banks in the noncommunist wor)d are represented here. These banks conduct business through their branches and representative offices. Some are represented here as372 words
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Article160 1977-08-30 1 UPI WASHINOTON, Mon. The United States' direct Investment abroad rose 10 6er cent last year to *****.2 billion (*****.1 billion), the Commerce Department said today. The 10 per cent climb compared with a 13 per cent gain In 1975, the department said. According to the department,UPI - 160 words
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142 1977-08-30 1 THE disciplinary committee of the Singapore Society of Accountants will meet sarly next month to settle the cms of a public accountant accused of conduct not becoming of an accountant. It Is understood that a deferment had been requested by the accountant,142 words
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328 1977-08-30 1 Reuter AP ABU DHABI, Mon. The United Arab Emirates (UAE) and Saudi Arabia are to have consultations tomorrow on a pooslbie joint attitude at the Opoc oil priee-fixiug conference due to be held in Caracas at the end of theReuter; AP - 328 words
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Article, Illustration358 1977-08-30 1 IT IS boomtime for the International money brokers In Singapore. Unlike their less fortunate counterparts In Kuala Lumpur, brokers here report better business this year than 1976. In July alone, the International money broking firms chalked up a total turnover of $33.6 billion358 words
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121 1977-08-30 1 THE Prime Minister has advised the President to appoint Mr. Goh Chok Tang (above), MP for Marine Parade, as Senior Minister of State In the Ministry of Finance. His appointment will commence on Sept 1. Mr. Goh is now managing director of Neptune121 words
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Page 1 Advertisements
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Advertisement41 1977-08-30 1 i a =}]<|"~<?[@?)|?+*-&-]`&!%!-`[(% Omni News/TV ft «wi Btocta -P7 Radio -PI CwMdhta -PS Oftritti News/ Transport ft CobCrosswords -PS wmicatioiia -P» Local Co. New. .P4 Futures -Pit International Co. News -PS L° C »I ft Overseas Local Stocks -P* News -Pll, 1341 words
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Advertisement23 1977-08-30 1 SEE PAGE 7 IT K T t S !>V' V /':r I ■v* -tiunhi ■-M rt H in m Mk U v y23 words
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Advertisement242 1977-08-30 1 U-BIX COMPLETE COPYWG SYSTEM APS ELECTRONICS (PRIVATE) LTD SINGAPORE Tat *****2 (5 Lir»«*) A PS-ELECTRONICS (M) SDN BHD KUALA LUMPUR Tai 2174?/63e0004M7 OflflCE SUltiS in the central Business District Chuiia Street Prestige riverside building. Suites from 85 sq.m. (911 sq.ft.) to 965 sq.m./floor (10,388 sq.ft.). Rent from $2.10 p.s.f./month inclusive.242 words
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OVERSEAS
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904 1977-08-30 2 NYT NEW YORK, Mon. The major question wheat and corn futures traders have been pondering for the last year was how much lower grain prices could fall. Last week, many grain traders believed they had the answer. That answer came In the form ofNYT - 904 words
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464 1977-08-30 2 LOS ANGELES, Mon. After a hiatus of 75 years, the Interior Department has proposed to enforce fully provisions that Congress wrote into the Reclamation net of 1902 in an effort to protect the family-sized farm. Those provisions assert that an individual owner of464 words
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287 1977-08-30 2 AP WASHINGTON, Mon. The people who get food from the farm to the consumer are continuing to get a bigger chunk of what Americans spend on food, the Agriculture Department said. A family of three will spend an average U551,945 (554,745) this year forAP - 287 words
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356 1977-08-30 2 AP NICOSIA, Man. Saudi Arabia now earns about USI4O billion (8117.1 billion) a year from oil and mvm a good part of it. A study predict* that by 1981 the deeert kingdom will be earning $10 billion from it* iavin(s alone or 91.99*AP - 356 words
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675 1977-08-30 2 NYT FRESNO (California), Mon. The United Farm Workers of America ended its third convention here yesterday with a mixture of exuberance and seriousness that has pervaded this three-day meeting. A martyrs' mass conducted yesterday reminded the 1,500 delegates and 1,500 supporters of the priceNYT - 675 words
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Article80 1977-08-30 2 TOKYO, Mon. Mississippi Governor Cliff Finch today appealed for Japanese investment In his state and sought wider markets In Japan for soybeans, livestock, timber and other farm products and raw materials. Mr. Finch told a news conference: "Mississippi Is basically an agricultural state but we are80 words
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277 1977-08-30 2 UPI SANTA BARBARA, Mon. Seaweed can provide the world with a new source of fuel and new cure* for diseases, according to experts attending a week-long symposium that ends on Saturday. Chemicals recently discovered in red seaweed, for example, may provide drugs forUPI - 277 words
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Article400 1977-08-30 2 AFP LONDON, Mon. Premier James Call&gh&n will this week be fighting as never before to save the government's economic strategy, fearing that two years' discipline could be brought to nought with a flood of pay claims. On Wednesday he begins a visit to Scotland ahead ofAFP - 400 words
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554 1977-08-30 2 AP WASHINGTON, Mon. U8 Secretary of State Cyrus Vance Is telling President Carter that Chinese leaders are confident, secure In their power and more relaxed than past visitors have found them, says a knowledgeable administration official. "What comes back from China reinforces the feelingAP - 554 words
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379 1977-08-30 2 NYT ROME, Mon. Italy Is being shaken by a corruption scandal Involving reconstruction efforts In the Frlull region, which was severely damaged by an earthquake last year. The catastrophe on May 6, 1976, killed more than 1,000 people, Injured 2,500 and left about 100,000 homelessNYT - 379 words
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187 1977-08-30 2 UPI WASHINGTON, Mon. Four out of five Americans consider their neighbourhoods good places to live, but nearly half have complaints about the services they receive, a government study said yesterday. A survey of 72:5 million households, both owneroccupied and rented, showed that 82.5UPI - 187 words
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185 1977-08-30 2 UPI CASTEL GANDOLFO (Jtaly), Mon. Pope Paul VI yesterday deplored unemployment especially among the young but added that men should try to like their work. The 79-year-old Pontiff, addressing several thousand visitors to his summer retreat south of Rome, reminded his listeners thatUPI - 185 words
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Article46 1977-08-30 2 Reuter TAIPEH, Mon. Four US banks will provide a syndicated loan of US$4B million (5J117.6 million) to Taiwan's China Airlines to finance the purchase of a Boeing 747 Jet aircraft, a spokesman for the Bank of America Talpeh branch confirmed, neuter.Reuter - 46 words
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250 1977-08-30 3 UPI WASHINGTON, Mon. Former Defence Secretary Melvln Laird contends America's energy problems are being caused primarily by policies of the federal government. "Thanks largely to misguided government meddling, much of our energy sources He useless In the ground," Mr. Laird wrote In the SeptemberUPI - 250 words
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Article258 1977-08-30 3 Reuter BRUSSELS, Mon. Europe's "butter mountain" has doubled since April. Bought and stored with taxpayers' money so that prices stay up for Common Market farmers the unsold butter now adds up to 417,000 tonnes, or enough to provide six quarter-kilo packs of it to eachReuter - 258 words
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707 1977-08-30 3 NYT WASHINGTON, Mon. The world's economic recovery Is faltering, shifting uneasily towards a phase some analysts are calling a growth recession. In Western Europe, as growth rates fall to meet economic potential, unemployment has risen to levels without precedent In the last quarterNYT - 707 words
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593 1977-08-30 3 NYT BUFFALO, (New York). Mon. Bethlehem Steel Corp.'s plans to cut production by 40 per cent and lay off 3,500 workers at Its Lackawanna plant near here could mean a US$325 million (SS7BO million) long-term loss for the state's Erie and Niagara counties. ThatNYT - 593 words
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227 1977-08-30 3 Reuter FIOUEIRA DA FOZ (Portugal), Mon. Portuguese Socialist Prime Minister Mario Soares last night appealed to opposition parties fiercely critical of his latest austerity measures to back his minority government and "start working for Portugal." The Portuguese leader, faced with a mounting economic crisis, saidReuter - 227 words
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Article118 1977-08-30 3 UPI CAIRO, Mon. US Treasury Secretary Michael Blumenthal will arrive In Cairo on Sept. 8 for consultations with President Anwar Sadat and other officials on the new Egyptian five-year-plan, a government source said yesterday. Egypt, which receives an estimated US$l billion (552.44 billion) in AmericanUPI - 118 words
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667 1977-08-30 3 NYT NEW YORK, Mon. The oil Industry was elated by the Federal Appeals Court decision lifting the Injunction on Atlantic offshore drilling, but the ruling will not mean a sudden Influx of oil dollars to the northeast, Industry sources said. Even if theNYT - 667 words
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Article280 1977-08-30 3 AFP BONN, Mob. The European currency "Snake", from which Sweden withdrew its kroner last night, has boon through many tense periods since it was founded over Ave years ago as an intended first step toward European monetary union. The basle agreements setting up theAFP - 280 words
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Article72 1977-08-30 3 Reuter OSLO, Mon. Norwegian Prime Minister Odvar Nordll promised aid to exposed branches of Industry following the decision to devalue the crown by 5 per cent within the European Joint float. Selective measures of support to branches competing hard with Swedish Industry will be taken afterReuter - 72 words
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703 1977-08-30 3 Reuter FRANKFURT, Mon. The European joint float Is a very useful exchange rate system and remains viable despite Sweden's exit, Bundesbank president Otmar Emmlnger said In a telephone Interview. He was speaking following a meeting here of float finance ministers andReuter - 703 words
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180 1977-08-30 3 Reuter BONN, Mon. West Germany says It would adopt a proposed international code of conduct for firms dealing with South Africa in order to combat apartheid. Foreign Ministry State Minister Klau Dohnanyl told reporters at a briefing yesterday the code was expected to beReuter - 180 words
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Article30 1977-08-30 3 Reuter HELSINKI, Mon. The Finnish Central Bank ordered all currency trading to be suspended "on account of the restless situation In International markets," an official statement said. ReuterReuter - 30 words
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Page 2 Advertisements
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Advertisement295 1977-08-30 2 ycu ACE INVITED to the First International Exhibition of Business Equipment Services in Southeast Asia AS\AH BUSINESS EXPO September 7,8, 9,10.1977 Hyatt Singapore Hotel Convention Centre A Rewarding Event for Business Personnel in Industry, Retailing, Wholesaling, Commerce 165 DISPLAYS... of equipment and systems lor data processing, copying, word processing, mailing,295 words
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Page 2 Miscellaneous
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Miscellaneous51 1977-08-30 2 THE WEATHER Wj&ATHKR report for 24 hours prior to 7.30 pjk on Aug 29 at Singapore airport. Maximum Temperature 28.8° C Associated Humidity 11 Minimum Temperature 21.4° C Associated Humidity N Hours of Sunshine 1.4S Rainfall in Millimetres 6.2 Rainfall for the Month 216.4 Total Rainy Days for the Month51 words
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Miscellaneous304 1977-08-30 2 SINGAPORE 5 3.00 PM Opening announcements followed by Flying Nun (Repeat) 3.30 Diary of Events (English) 3.35 Afternoon Matinee The Square Ring (Pt. 2) Starring: Kay Kendall, Jack Warner, Robert Beatty, Joan Collins 4.10 Magazine Zero One 4.25 Intermission 6.05 Opening announcements followed by Porky Pig Show (last episode) 0304 words
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Page 3 Advertisements
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Advertisement99 1977-08-30 3 OCBC CENTRE your prestigious address with a panoramic view Prospect of "in house" business Private dining rooms available for top executives 27 fast computerised lifts Large airy Car Park for 654 cars no parking problem for visitors Cafeteria for staff and executives One floor of special conference and meeting rooms99 words
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Page 3 Miscellaneous
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Miscellaneous626 1977-08-30 3 TWO-IN-ONE CROSSWORD 2 H3 5 16 H7 CRYPTIC PUZZLE ACROSS 3 Drawing of many an animal (5) 8 How Stein can get established (3. 2) 10 Taken down by the man within (5) 11 Super raincoat? (3) 12 Is kept In suspense (5) 13 Make a dog-end even shorter (7)626 words
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COMPANY NEWS
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894 1977-08-30 4 SUNGEI BESI Mines Malaysia Is unlikely to pay a dividend before 1978/79 because of insufficient tax credits following Its transfer of domicile from the UK last November to Malaysia. Reviewing the company's prospects for the curreht year ending March 31, 1978,894 words
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Article97 1977-08-30 4 Dr. Rudolf Kobatsch, managing director of Underberg International, Zurich, will visit Singapore and Malaysia from Sept 4 10. This Is his first visit to Singapore and Malaysia. He will be accompanied by Mr. Robert Brown, the former busines% export director of John Dewar and Sons Ltd., a97 words
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661 1977-08-30 4 SINGAPORE'S largest hotel chain the 1,600 room Goodwood group < has for the last five years kept Itself afloat entirely on the basis of Its accumulated fat. Except for $893,421 earned In 1972, the group has consistently drawn losses from Its hotel operations for the661 words
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COMPANY MEETINGS
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Article20 1977-08-30 4 THE following company meetings are due: Aug 30, 11 a.m. at No. 93-B. Jalan Ipoh. Kuala Lumpur.20 words
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Article21 1977-08-30 4 Aug 31 at 11.30 a.m. at the Board Room, Second Floor, DBS Building, Shenton Way, Singapore 1.21 words
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Article39 1977-08-30 4 Sept 3 at 9.30 a.m. at the Company's Office at Shah Alam Industrial Estate, Sungel Renggam, Selangor. Jack Chia-MPH Ltd: Sept. 17, 12 noon at the Gardenia Room, Shangri-La Hotel, 22 Orange Grove Road, Singapore 10.39 words
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Article18 1977-08-30 4 Sept. 17 at 15th Floor, Rooms 1511/1512, Shlng Kwan House, 4 Shenton Way, Singapore 1.18 words
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Article12 1977-08-30 4 Central Su gars: Sept. 19 at the Registered Office, Batu Tlga, Selangor.12 words
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23 1977-08-30 4 Sept. 21 at 10.30 a.m. at the Registered Office, 12thFloor, Yee Seng Building, Jalan Raja Chulan, Kuala Lumpur.23 words
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Article260 1977-08-30 4 THE strong performance put up by United Asbestos Cement (UAC) at half time was more than matched In the second half of the comKny's financial year to ne 1977. The company, which had reported a 3# per cent profit growth in the interim period turned260 words
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Article279 1977-08-30 4 JARDENE MATHESON and Company (South-east Asia) says it will make a profit from the sale of Its plantation interest In Malaysia to Oriental Holdings for $23.3 million. In a reply to a query from the Stock Exchange of Singapore, Jardines says that the sale is also expected279 words
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Article328 1977-08-30 4 Current Ex Date Total for Total for payment Date payable the year previous year Island A Pen. 8% AUg 11 Aug 30 15% 13% Pan Electric 20% July 26 Aug 31 20% 20% Malayan Cement 10%I July 28 Aug 31 10%I 22.5% Selangor Dredging 15% Aug 12 Sept328 words
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Article856 1977-08-30 4 VISA SYSTEM F.T. LONDON, Mon. A new logo for credit cards Is appearing In shop and restaurant windows the blue-gold-and-white Visa card which incorporates Barclaycard In England, Bank Amerlcard In the U.S., Carte Blue In France and Chargex In Canada. They are to be consolidatedF.T. - 856 words
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452 1977-08-30 4 F.T. LONDON, Mon. Fine Fare, the Associated British Foods supermarket subsidiary, Is to launch another variation on the discount food store theme by opening a third chain of supermarkets. The company, which already runs a chain of discount stores under the name ofF.T. - 452 words
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793 1977-08-30 4 NYT NEW YORK, Mon. It is still debatable whether the little guy or the Arbs arbitragers held the key In the monumental battle for Babcock and Wilcox that was concluded last Thursday, but one thing is certain there has hardlyNYT - 793 words
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Page 4 Advertisements
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Advertisement540 1977-08-30 4 This months new Penguins FITZGERALD I Ml Jfc THE IMPERIAL 9 ACHIEVEMENT Other New Penguins: The Last Tycoon: F. Scott Fitzgerald Exhausted by Hollywood hackwork, Fitzgerald died before he could complete the book that many people regard as his masterpiece. His bittersweet novel of Hollywood in the thirties is now540 words
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587 1977-08-30 5 ASIAN COMPANIES AFP HONGKONG, Mon. Sales of over HKSI billion in the last fiscal year were yesterday reported by one of Hongkong's leading textile manufacturers, Winsor Industrial Corporation Ltd. It said that since the first quarter of this year Hongkong had been reapingAFP - 587 words
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267 1977-08-30 5 AP NICOSIA, Mon. Dubai Aluminium announced that its smelter will begin production in the second half of 1979 at an annual capacity of 135,000 tonnes, according to a Bahrain newspaper. The weekly, Gulf Mirror, said the smelter's yearly capacity will be increased toAP - 267 words
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155 1977-08-30 5 Reuter MANILA. Mon. The Philippine National Bank will soon establish a subsidiary, the PNB International Finance Co Ltd, in Hongkong, a bank spokesrman said. He said the Government Commercial Bank has approved the central bank setting up the merchant bank but would not disclose whenReuter - 155 words
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259 1977-08-30 5 SEOUL, Mon. The Seoul district prosecutor's office has launched a special Investigation into seven major securities companies here on suspicion of being involved in stock exchange irregularities, according to the Korean Herald. A special Investigation team of the office subpoenaed 10 executives of259 words
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Article85 1977-08-30 5 Reuter SYDNEY, Mon. Kathleen Investments Ltd said its wholly-owned unit, Cable Sands Pty Ltd, sold freehold land and Interests in mineral claims at Wagerup, Western Australia, to Alcoa of Australia Ltd for As 3 million cash. Kathleen said Alcoa paid $300,000 on signing the agreementReuter - 85 words
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Article195 1977-08-30 5 AIT TOKYO, Mon. Nissan Motor was the top earner among 1,700 companies which settled their one-year business accounts In March, 1977, the National Tax Administration Agency announced last Friday. The combined turnover of these companies, each with a capital of 500 million yen, totalled 13AIT - 195 words
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Article121 1977-08-30 5 Reuter TOKYO, Mon. Nishii Dock Co Ltd said It has applied to the Tsu District Court for permission to rebuild Itself under the corporate rehabilitation law following debts estimated at 3.5 billion yen. It said the business failure resulted from a sharp decline in ship pricesReuter - 121 words
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99 1977-08-30 5 Reuter MELBOURNE, Mon. £A R Ltd said It appointed Hill Samuel Australia Ltd to provide an Independent evaluation of CSR Ltd's proposed bid of A 11.75 for each of AAR's $1 par shares Pending receipt of Hill Samuel's report, AAR adylsfd shareholders notReuter - 99 words
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589 1977-08-30 5 FT SYDNEY, Mon. The auditors and director! of collapsed financier and real estate group, Cambridge Credit Corporation, are heavily criticised in a report tabled last week in the New South Wales Parliament. Cambridge collapsed in September, 1974 and the receiver! recently estimated a returnFT - 589 words
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Article136 1977-08-30 5 Reuter TOKYO, Mon. Japanese colour television manufacturer, Hitachi Ltd., today said it expected the British government to give the go-ahead soon for it to build a factory employing about 500 local workers in north-west England. The tolnt venture plan, initiated by Westminster In 1973 under aReuter - 136 words
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563 1977-08-30 5 NORTH AMERICAN COMPANIES NYT BUDDENLY the motor oil business Is bubbling with activity. The Exxon Corp last week announced a new motor oil that the company asserts, will Increase petrol mileage by an average of 4.5 per cent. In July, the Atlantic Richfield CoNYT - 563 words
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297 1977-08-30 5 Reuter BOTH the Cities Services and Amoco consortia are convinced they have found sufficient Indications of oil In the Nldo complex off the western Philippines Island of Palawan that they may soon seek production platforms, industry sources said. Both consortia are drilling moreReuter - 297 words
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Article147 1977-08-30 5 Reuter ALUMINUM (X) of America said It received orders for over 3,219 km of tubing to be used In six liquefied natural gas (LNO) cryogenic heat exchangers being built by Air Products and Chemicals Inc. Shipments of the aluminium alloy 3003-0 colled drawn tubing will beginReuter - 147 words
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Article977 1977-08-30 5 TOBACCO GIANTS CALL AP LONDON, Mon. Britain's tobacco giants says they are not worried that their new substitute cigarettes are going up In smoke. A £4 million advertising campaign heralded the July j 1 arrival of 11 brands containing the governmentauthorised tobacco substitutes. Helicopters and cargoAP - 977 words
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480 1977-08-30 5 EUROPEAN COMPANIES AP QOTEBORO (Sweden), Mon. A proposed merger of Sweden's two car manufacturers, Volvo and SAAB, will not materialise, Volvo's chief executive Pehr Qyllenhammar announced yesterday. At a news conference, Mr. Qyllenhammar stated that the projected deal to merge the car firms,AP - 480 words
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200 1977-08-30 5 FT AMSTERDAM, Mon. AKZO, the international chemicals group, is considering a new package of cost saving measures which will lead to a further reduction in staff. The programme which comes on top of the current reorganisation of the chemical fibre activities in Europe, will study,FT - 200 words
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Page 5 Advertisements
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Advertisement191 1977-08-30 5 The Australian National Line A ANNOUNCING A NEW SERVICE TO AUSTRALIA The Australian National Line, the largest shipping organisation in Australia, announces a new service between Australia and South East Asia. With the maiden voyage of "ANRO AUSTRALIA" in October 1977, the ANL will introduce a roll-on, roll-off container service191 words
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Article2356 1977-08-30 6 1977 High Low Lut Company Sale +orGr's div Drv c'n Gr'i yH Nat P/E Vol CM8) Day High Low 8ECTION ONE INDUSTRIALS 154 204 116 230 88' 198* 160 223 406 171 136 172 58 212 57* 155 152 182 350 145 Ac ma Alcorn Allied Choc2,356 words
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Article1446 1977-08-30 6 BID and offer price* officially liated and buaineaa in and reported to the •tart Ezchan«e of Singapore yaatarday with the number of ihara* traded ihovn In bracket* in lou of 1000 untU unleaa otherwise apaclftod All Time Settlement Contract* are quoted after the word "Sett." Bl( Board1,446 words
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Article1701 1977-08-30 6 BID and offer price* officially luted and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in IoU of 1.000 units unless otherwise specified INDUSTRIALS AJtnanuU (2.08B). Al««m (1.908). A. CIM« (1 138) (1) 1.12, (2)1,701 words
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Article52 1977-08-30 6 STRIKING prim of the alack option* officially luted on the Stack Excbtjcr at Siacapore. the periods, bid and offeprice* and bunnni done yesterday, with the number of option, traded shown in brackets. UOB (Sept $3.40) (0.105). (Dec $3.20) (0.235). (March $3.20) (0.255) (5) 0.25. U O L (Dec52 words
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Article163 1977-08-30 6 SINGAPORE UNIT TRUST INCOME BOND UNIT i Manager* price) i far Aug M) (Cuireat pi rice*> The Commerce INCOME BOND 1.07 1.13 1.75 185 The Saving Fund. 103 109 MARA BUMIPUTRA FUND S'pore Prog Fund 0 88 0 93 (Manager*' price* i for Aug 38) S'pore Security First163 words
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Article161 1977-08-30 6 B O T 8 1/2* 1981 (100,000) (103HB 103%5) B O T 7 5/8% 1984 (100,000) (99V.8 99VaS) LTBCJ 1982 (100,000)(98V,B 995) Credit Lyonnais Floating 1983 (100,000) (98V«B 98HS) DBS Converts 6 1/2% 1991 (100,000) (988 98V*S) D B S 8 1/2% 1982 (100,000) (101 V,B 1028) EI161 words
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Article160 1977-08-30 6 Rep Spore D Mark 7% 1982 (100.000) (101 %B 101%>S) Rep Spore 6 1/2% 1983 (100.000) (1008 100HS) Rep Spore 7 3/4% 1987 (100.000) (100 SB 101 5 1/2% 1/12/77 (250.000) (100.478 100.578) 5% T F 1/3/78 (250,000) (101 508 101.665) 5 1/2% 1/4/78 (250.000) (101 068 101.21S)160 words
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Page 6 Advertisements
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Advertisement176 1977-08-30 6 Confront Singapore's decision makers in Business limes For only $3.50 per single column centimetre iness 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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Article, Illustration668 1977-08-30 7 STEADY support continued to be noted in the sector of the Stock Exchange of Singapore yeeterEisewhere in the market the general tendency was easier after a feeble attempt at rally daring the morning Trading among the banking issue* was particularly active at the opening. However, doe to668 words
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Article364 1977-08-30 7 SHARE prices closed on a fairly steady note on moderate trading volume at the Kuala Lumpur Stock Exchange yesterday. Opening at around last Friday's level, business was initially directed at the banking stocks which Inched marginally higher on some buying support. Apparently last Friday's sudden flurry of364 words
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680 1977-08-30 7 NYT NEW YORK, Mon. The credit markets advanced last week for the second consecutive week, and the Federal Reserve contributed to the trend by not raising the Interest rates most directly under Its control the discount rate and the federal funds rate. WhileNYT - 680 words
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388 1977-08-30 7 FT LONDON, Mon. Two British property groups have announced deals which could total £70 million. MEPC has reached conditional agreement to sell Its holding In Its Canadian subsidiary for $C5l million (£27.3 million), and British Land announced that It was refinancingFT - 388 words
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INTERNATIONAL STOCK MARKETS
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Article473 1977-08-30 7 TOKYO: Share prices surged to their highest level since February 1073 on expectations long-term domestic lending rates will be cut In October, dealers said on Monday. The Dow Jones Average rose 28.72 to close at 5,234.18 with volume 280 million shares. The new Index was up 1.42 to 386.58.473 words
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Article447 1977-08-30 7 BVDNEY: The market was mixed on Monday, with coals falling sharply while uraniums recovered, dealers said. The Sydney All-Ordinaries index fell 1.12 points to close at 424.01. Among coals, BellamM fell 30 cents to $9.00 and White Industrie* 18 cents to $1.37 while AAK lost a cent to $1.75.447 words
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Article199 1977-08-30 7 MANILA: The market closed mixed in sluggish trading on Monday, with minings and oils higher while commercials were unchanged, dealers said. Turnover slipped to 5.34 million pesos from last Friday's 6.40 million. Oils were firm In antlclpaUon of favourable news from major drilling companies. Oalners Included Acoje Mining, Lepsnto199 words
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Article114 1977-08-30 7 AUG Bahu Asia Fibre 183 +8 Bangkok Bank 401 -8 Bangkok Invest 282 -1 Bangkok-Metro-politan Bank Bat* 7158 BerllJucker 441 12 Charoong Thai Wire 180 -1 Dumex Duslt Than! Faber Merlin First Trust 1906 Indo-Thal Industrial Finance Corp ***** 20 J And J Ho 280 Jalaprathan Cement IBS Karnasuta114 words
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892 1977-08-30 7 FT BRUSSELS, Mon. Fabrlque Natlonale of Belglum, Europe's biggest small arms maker, won control of the equally old established U.B. firearms, sales company, Browning, earlier this month. FN's $13 offer for each Browning share, compared with Browning's pre-of-fer market level of lessFT - 892 words
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1350 1977-08-30 7 NYT NEW YORK Mon. The Penn Central Company has a taste for superlatives In 1968 It was formed from what was then the largest merger In United States history and less than 2Vi years later on June 21,1970, Its railroad plunged IntoNYT - 1,350 words
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Page 7 Advertisements
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Advertisement526 1977-08-30 7 BUSINESS TIMES Airline Directory AmHot Soviet Airiinas 110-112 Show Centra, Orchard Rood, (Tel: 377.111) Air Ceylon 302-1, 3rd Floor, Marino House SSenton Way, Sinfapora (1) (Tel: *****88) Sinfapora 1 (Tel: ***** 16th Floor, UIC (Tel: 2205.277) Building, Shenton Way, Sinfapora 1 Air New Zealand Ltd Gl4. Ground Floor Ocean Building,526 words
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COMMODITY REPORTS AND PRICES
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Article263 1977-08-30 8 ON the Singapore rubber market yesterday, opening quotations were marked up 0.75 cent on higher London advices, then advanced further on upcountry buying and shortcoverlng Interest, dealers said. Trading was light due to the London holiday, they added. Prices rose gradually during the morning, with263 words
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Article31 1977-08-30 8 Rubber: August 29 Singapore: i September 201.25 cents (up 2 cents) Malaysia: September 202.75 cents (up 1.75 cents) Tin: $1,625 (up $9H) Official offering: 219 tonne* (down 52 tonnes)31 words
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Article366 1977-08-30 8 Prices In cents per kilo yesterday: Noon Close (per kilo) (perkllo) Buyers Sellers Buyers Sellers Int 1 R.S S. prompt f.o.b. 199 50 200 50N 200.00 201.OON Int. 1 R S.S. September 200 50 201 00 201.25 201.75 Int, 1 R.S.S. October 203.00 203.50 203.75 204 25 Int.366 words
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Article120 1977-08-30 8 NOON SSR and SMR prices yesterday September orOctober K.A.S. (Current Mth) (Forw ard Mui) Buyer* Seller* Buyer* Seller* (cenU per kg) (cents per kg) SSR 20 <1 -ton pallet) 195 00 197 00N 196 00 198.00N SSR 50 (1 —ton pallet) 192 50 194.SON 193 50 195.50N120 words
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Article275 1977-08-30 8 GENERALLY quiet trading conditions prevailed on the Singapore produce market yesterday. Deals recorded among the more popular commodities remained minimal. Prices were little altered from their Saturday closing levels. Coconut oil exporters were In the market for small quantities of 20 or 30 tonnes of spot oil for275 words
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Article83 1977-08-30 8 BANGKOK, Mon. Indicative prices quoted here today were (US dollar* per tonne, fob basis Bangkok) White Rica: 100 pet lit class SOS. 100 pet 2nd 292, 100 pet 3rd 288, 9 pet 277. [0 pet 253, 19 pet 290, 20 pet 247,25 pet 238, 39 pet unq. Broken: A-l83 words
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Article27 1977-08-30 8 THE Straits tin price In Penang yesterday was up Ms 9 5/8 to $1,625 per plcul on an official offering down 52 tonnes to 219 tonnes.27 words
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Article75 1977-08-30 8 THE kllobar on the Singapore gold market was nominally quoted at 5511,560 In quiet trading, with the London and Hongkong markets closed for holidays. Source: Singmas Retail prices per tael quoted by the Singapore Chinese Gold and Sliver Association are $445 for 90 per cent gold, $465 for 22k75 words
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194 1977-08-30 8 WASHINGTON, Mon. Prospects of record US crop production and bigger grain stocks this autumn will keep prices sagging, especially for wheat, corn and other feed grains, the US Department of Agriculture said. Domestic and foreign demand for US grains during the 1977-78194 words
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142 1977-08-30 8 Reuter WASHINGTON, Mon. Soviet sunflowerseed production this year may total 6.0 to 7.0 million tonnes compared with 5.2 million last year, the US Department of Agriculture reported. In Its roundup of world commodity production, the USD A said that prospects appeared excellent as ofReuter - 142 words
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1235 1977-08-30 8 AFP LONDON: Commodity C'ces declined a little more t week, but In most cases recovered from their worst levels. Traders complained of the general holiday apathy In the City In front of the long weekend. The continuing steadiness of sterling on theAFP - 1,235 words
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Article185 1977-08-30 8 Reuter WASHINGTON, Mon. The National Soybean Processors Association (NSPA) said reporting members crushed 50,901,697 bushels of soybeans last month against 55,606,840 bushels In June and 70,571,000 In July, 1976. In a summary of Its monthly report, the NSPA said members owned 123,649.906 bushels of soybeans atReuter - 185 words
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393 1977-08-30 8 Reuter WASHINGTON, Frl. World export of oilseeds, oils and fats (oil basis) in 1977 are estimated at 16.1 million tonnes compared with 15.8 million tonnes In 1976, the US department of Agriculture's Foreign Agricultural Service -(FAS) reported yesterday. US oilseed, oil and fatsReuter - 393 words
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Article149 1977-08-30 8 Reuter LONDON, Frl. The London Metal Exchange (LME) said copper turnover In July totalled 301,600 tonnes wlrebars (443,500 in July 1976) and 38,150 tonnes cathodes (32,150). This brings turnover In the first seven months of 1977 to 2.30 million tonnes (2.80 million) for wlrebars andReuter - 149 words
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916 1977-08-30 8 CLYDE SANGER - While world governments are turning their attention to the need for improved fresh water distribution, a Chinese example shows what can be achieved by a developing country, given a little ingenuity and a lot of hard work. 1 r—By CLYDE SANGER FT OTTAWA: 1977FT - 916 words
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Article84 1977-08-30 8 Reuter WASHINGTON, Mon. US Import* of palm oil during July fell to 34.95 million pounds from 65.77 million In June and 44.21 million In July 1976, according to Census Bureau figures. The bulk of the July imports came from Malaysia (29.16 million pounds). Other suppliersReuter - 84 words
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MONEY AND EXCHANGES
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Article550 1977-08-30 8 THE West German mark opened strongly on the foreign exchange market here yesterday, boosted by considerable speculative sentiment that Scandinavian currencies would be devalued. The mark, however, eased off In later trading and movements throughout the day were generally mixed. The US dollar opened on a wide spread of550 words
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Article165 1977-08-30 8 Asian rates ASIAN currency deposit i xi Auf 29 Interbank rate* as at close < US Dollv Offer Iff" 7 days 1/18 5 15/16 1 mth 7/16 6 3/6 2 mths 6 1/4 6 1/6 3 mths 6 7/16 6 5/16 8 mths 6 11/16 6 6/16 8 mths 6165 words
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Article53 1977-08-30 8 CANOE of prlcei louses on Auc 21 Overnlfht 3* Call deposit 2* i offered by dlscoui fc k to 3% i-Month Treasury bills 1-Month Bank bills J-Month CD I-Month CD CMal Buy MUa« 3 2 7/8 4 VIS 4 3/16 4 5/8 4 1/2 5 4 7/1 Source: National53 words
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Article45 1977-08-30 8 acbc «v, 8 H Citibank Bangkok Bank 7 HSBC «Vi 5». Bank at Cfciai 7 Bank of Tokyo CH SH Bank Nagara OCBC Indonesia 1 OL'B Chartered Bank S l 4 L'CB 7 Ckaac Manhattan (H I'MBC 7 DBS «H UOB ts45 words
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Article131 1977-08-30 8 TOKYO, Mon. The US dollar for overnight delivery closed lower at 266.65 yen, after a 266.90 opening and 267.15 at Friday's close. The US unit fell Initially on dollar selling by foreign banks to meet yen demand from Asian centres, following devaluation of Scandinavian currencies and Sweden leaving the131 words
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Article46 1977-08-30 8 AUSTRALIA/NZ exchanges on Aug 29: Australia Sterling 6382/ 8334 US dolfcr 1 1666/1 1061 mall buying ratoa US dollar 1.1363 N met) -flay forward buying rataa usdolLr i owe New Zealand: Sterling 907«/.S»46 US dollar 979*/ 9666 Ninety-day forward rate: Sterling 5706 U8 dollar 997646 words
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Article33 1977-08-30 8 FRANKFURT exchanges opening quotes on Aug 29: U8 2 .3070/90 Can 2.1510/30 UK 4.02S/035 Neth 94.54/04 Swltz 97.52/62 Italy 2.618/628 Finance 47.14/24 Norw 42.42/57 Belg (com) 6.475/485 Belg (fin) 6.47/48 Japan 0.8666/7633 words
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Page 8 Advertisements
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Advertisement318 1977-08-30 8 from Penguin U M i U IN PENGUINS Yukio Mishima firmly upheld the traditions of Japan's imperial past, which he believed were being slowly eroded by Western materialism. Disillusioned he astonished the world* in 1970 by committing hara-kiri or ritual suicide by disembowelment. One of his last works, Runaway Horses,318 words
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TRANSPORT AND COMMUNICATIONS
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362 1977-08-30 9 UPI MOSCOW, Mon. A lot more Russians are whizzing down the roads at the wheels of their own private cars, and dying like flies In the process. The Moscow dally Lenlnskoye Znamya complained that during the first six months of this year thereUPI - 362 words
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212 1977-08-30 9 UPI MANILA, Mon. The Philippine Shippers' Council today decided to protest the pro Dosed 12 per cent general Increase in freight rates by the Australian and New Zealand Eastern Shipping Conference (ANZESC). Trade Secretary Tradoadlo Qulazon. In a meeting of the council board ofUPI - 212 words
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Article171 1977-08-30 9 AFP CANBERRA. Moft. The Australian Government is to spend more than Asl million (552.68 million) this on the first phase of a major programme of rebuilding at Australia's Antarctic stations. The government is also going to start on design and feasibility studies on an Australian ship as aAFP - 171 words
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206 1977-08-30 9 Reuter PARIS, Mon. French air traffic controllers staging a go-slow over pay and working conditions have been asked to collaborate with striking air traffic control assistants In Britain, a union leader said last night. Mr. Pierre Pons, national secretary of the AirReuter - 206 words
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Article99 1977-08-30 9 LUFTHANSA German Airlines has come up with an ingenious idea for air travel. Its passengers can now learn a new language while travelling on Its Boeing 747 and DC-10 flights. Its "language laboratory" provides seven lessons drawn from the scenes of everyday life asking the99 words
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Article64 1977-08-30 9 UPI LAHORE, Pakistan, Mon. Bangladesh has awarded a US$5 million (5512.2 million) contract to Pakistan to build 45 railroad passenger cars, government officials announced yesterday. This is the second major contract won by Pakistan from Bangladesh to supply it with railroad passenger cars. Recently Bangladesh awarded ItUPI - 64 words
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785 1977-08-30 9 JEREMY TOYE - By JEREMY TOYE Reuter LIBERIA'S star and stripes "flag of convenience" flutters over the world's largest fleet and brings In a sizeable Income for this West African nation. So It is something of a surprise to find the country's maritime commission operating from a fewReuter - 785 words
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Article179 1977-08-30 9 THREE brand new ro ro vessels owned by Seaspeed Services ply between Japan, Singapore, the Persian Gulf, the Red Sea and the east coast of America. Kim Shipping and Trading Pte. Ltd. In Singapore is the general agent for Seaspeed. The vessels call at the ports of Kobe,179 words
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Article, Illustration362 1977-08-30 9 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Hoegh Orchid (1900) 47 Kalemyo (1800 tide) 18 King Lake (0600 22 Lloyd Bakke (after Bunga Tanjong) 1/2 Makeverett (0600 after Reefer City) 40/41 Ovanes Tumanyan <after Yue Hope) 3/4 Saflna-E-lsmall (1200 after Ibn Majld) 38/39 Samson (0600) 24 Slam Rainbow (after Alexander362 words
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Article460 1977-08-30 9 AP PASADENA, California, Mon. Puzzled scientists worked yesterday to find out why a computer on the Voyager 2 space probe won't take orders from earth. Simultaneously, scientists at the Jet Propulsion Laboratory pored over photographs taken last Saturday by the space probe to confirm theirAP - 460 words
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Article173 1977-08-30 9 AFP NAIROBI, Mon. The United States Air Force Is using Soviet-made MIO fighter-bombers for pilot training, and one of the MIOs belonged originally to the Ugandan Air Force, the newspaper Sunday Nation reported here yesterday. The plane, a MIO 21 with the marking U 907 AND, onAFP - 173 words
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Article570 1977-08-30 9 ARRIVALS Optra 11 1 fcl m Pna CAL CI 331 1115 TPE/HKO CPA CX003 0145 HKG TMA TL303B 0215 BEY/DXB/ BOM/KUL MAS MH082 0810 KCH CAL CI 806 1000 HLP OIA OA980 1030 HLP SIA SQ211 1045 HLP GIA GA944 1055 PKU OIA GA908 1100 MES PAL570 words
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Article188 1977-08-30 9 AP LONDON, Mon. Interest In Oreat Lakes and US Oulf grain operations was less pronounced than of late on the London freight market last Friday as fewer fixtures came to light. Among those chartered, Tradax booked a load for the Oreat Lakes completing St. Lawrence at U5513.75AP - 188 words
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Page 9 Advertisements
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Advertisement403 1977-08-30 9 I L *4 E ~2~f2g~ fc!B i t. Ll# S- .V r f ♦fill f < *JIH iii i .?< .-si 4 cx la *3 sy \iop 'COM .j THE GREAT BOOKS OF WESTERN CIVILIZATION These are the books that had to burn. For within the GREAT BOOKS are volumes403 words
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Article, Illustration1100 1977-08-30 10 JULIAN KERR - NEW JAPANESE INITIATIVE By JULIAN KERR Reuter TOKYO: With the Initial euphoria over Prime Minister Takeo Fukuda's foray to South-east Asia now receding, Japan is looking hard and with some mixed feelings at the implications of his trip. Senior officials and the Japanese media generallyReuter - 1,100 words
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Article, Illustration757 1977-08-30 10 NICHOLAS BRAY - By NICHOLAS BRAY Reuter ROME: Amid fears of a new Italian business slump and increased unemployment the government has announced a package of incentives to private Investors In the hope of reviving Italy's flagging Industry. At a Cabinet meeting last week government leaders decided to cut theReuter - 757 words
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Article, Illustration901 1977-08-30 10 GUY ARNOLD - Over the next 30 years Indonesia will be one of the largest single sources of minerals for the industrialised world. She is keen to expand business with the EEC but so far it is the Japanese and the Americans who lead theFT - 901 words
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Article, Illustration1667 1977-08-30 10 THAUNG MYINE - By THAUNG MYINE Reuter KUALA LUMPUR: Malaysia celebrates the 20th anniversary of Independence from British rule on Wednesday confident that It has achieved a good measure of political stability and has ample means to contain the persistent communist guerilla threat. Malaysians of ethnics Malay, ChineseReuter - 1,667 words
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Page 10 Advertisements
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Advertisement230 1977-08-30 10 THEHAMLYN PICTORIAL ATLAS OF THE WORLD A modern and comprehensive atlas has become indispensable both to students of geography and to general readers who want to understand the new economic and political shape of the world. Here, for the first time, a concise fascinating and authoritative text, illustrated with striking230 words
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258 1977-08-30 11 UPI TOKYO, Mon. Japanese sugar refiners will work out "final" concession proposals to Australia In attempts at ending longdisputed sugar price talks between the two countries before the "Australian ultlmatum" expires on Wednesday, Industry sources said today. Sources said the final concession proposals are expectedUPI - 258 words
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Article101 1977-08-30 11 Reuter TOKYO, Mon. Longterm Interest rates In Japan are likely to be lowered again in October, provided the Bank of Japan cuts Its official discount rate next month, the Underwriters Association said. The reductions will probably cover most longterm Interest rates, Including those on national and corporateReuter - 101 words
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Article268 1977-08-30 11 A SEMINAR outlining the conflicts, problems and adjustments arising from modern business practices in the computer age will be held at the Hyatt Hotel from Sept 8 to 10. The three-day seminar held in conjunction with ABEX 77 (Asian Busings Exposition) will bring together a268 words
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Article181 1977-08-30 11 MORE WORKERS employed In high noise level Industries are wearing hearing protectors to prevent deafness following the introduction of the Hearing Conservation Programme last May. This was said In an article in the latest Issue of The New Worker, a monthly publication of the Ministry of181 words
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Article148 1977-08-30 11 Reuter TOKYO,! Mon. Japan and the United States opened a third roundof talks here today on Japanese government plans to begin test runs at Its controversial US$l7O million (***** million) reprocessing plant. Delegations to the fourday talks are led by Mr. Oerard Smith, U8 specialReuter - 148 words
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Article291 1977-08-30 11 Reuter KUALA LUMPUR, Mon. The Malaysian Government will encourace exploration for both hard rock and offshore mineral deposits as present alluvial tin deposits are dwindling, Deputy Primary Industries Minister Lew Sip Hon said. Mr. Lew told reporters the Geological Survey Department was carrying out surveysReuter - 291 words
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Article132 1977-08-30 11 Reuter KUALA LUMPUR. Mon. Bank Negara Malaysia said its gold and foreign exchange reserves fell slightly to M 56.54 billion on Aug 15 from $6.59 billion on July 30 and $6.57 billion on July 15. Bank Negara's fortnightly balance sheets showed total assets also fell slightly toReuter - 132 words
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Article283 1977-08-30 11 Reuter KUALA LUMPUR. Mon. Deputy Prime Minister Dato Serl Dr. Mahathir Mohamed said Malaysia's timber resources would be depleted in 12 years if exploitation of forests Is unchecked. Speaking at a meeting of the National Forestry Council, Dr. Mahathir said the situation, If prolonged, would haveReuter - 283 words
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Article104 1977-08-30 11 A CIVIL suit for $253,732, started in 1973, was resumed In the High Court yesterday. The plaintiff, L.C. Construction and Co. (Pte) Ltd., Is suing Straits Engineers (S) Pte Ltd for an alleged breach of a contract made In May 1972. Straits Engineers Is denying the allegation104 words
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Article61 1977-08-30 11 ALPHA Gallery is holding a preview of Arthur Yap's acrylics and mixed media at 7.30 pm on Friday and the exhibition of his works will continue until Sept. 19. The exhibition, in Alexandra Avenue, will open from 10 am to 0 pm daily and from 10 am to 561 words
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Page 11 Advertisements
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Advertisement142 1977-08-30 11 A CARRY MORE WEIGHT IN BUSINESS TIMES a B *""*.**—SssrJ rtfSSg w ssgSi .USSS** UWTED tntsr—- 17 im V 4r V/ S&*H cZZ a s m B°*^ oirrH PAC !^IHf T,IE nousniu BEBHAD and rra SUMUMABIES C-& fesjlVlblfe mgS* 1 r 2SV^<li m, sSrs* '.W Jirn *%r jS\ ti* K*142 words
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771 1977-08-30 12 SINGAPORE has not even started considering the diesel engine project, one of the five front-Une proposed Asean projects, as a national one. And this should afford some optimism over the Issue which is to be discussed by the Asean economic ministers at771 words
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Article143 1977-08-30 12 HONG Leong Holdings, one of Singapore's largest property companies which planned to go public sometime last year, is believed to have shelved its plans. When contacted yesterday, company sources said the firm has withdrawn its application to the Stock Exchange of Singapore for public143 words
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327 1977-08-30 12 AP BANGKOK, Mon. Four international companies searching for oil In Burmese offshore concessions have folded their operations after battling red tape and generally negative results and spending more than US$ll2 million (***** million), oil company sources here said today. Esso, the American MartabanAP - 327 words
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Article33 1977-08-30 12 Reuter TOKYO, Mon. Japan's production Is running at about 94 per cent of capacity, the Economic Planning Agency estimated. Production In firstquarter 1977 totalled 101 trillion yen (*****.5 billion) —Reuter.Reuter - 33 words
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201 1977-08-30 12 AFP WASHINGTON, Mm. The US steel industry has again called on the meat to negotiate import curb*, u the I—ding producer, US Steel, la reported tobmanjhm verge of dosing fir!** Edgar Bpeer, president of the A—rice Iron and Steel InrftnH, said: "TheAFP - 201 words
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497 1977-08-30 12 Reuter STOCKHOLM. Mon. Sweden announced It la devaluing tti crown by 10 »r cent against a basket of e IS most Important currencies In Its foreign trade and leaving the joint European currency float. At a press conference, Prime Minister Thorbjoern FaelldlnReuter - 497 words
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Article229 1977-08-30 12 The Minister for National Development and Communications will be asked to consider allowing a citizen to Include a noncltlsen spouse or a fiance/fiancee as a Joint applicant for a Housing Board flat so that either party can use his or her Central Provident Fund contributions to229 words
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Article141 1977-08-30 12 Reuter TOKYO, Mon. A Japanese delegation left here today for talks In Peking on increasing steel exgorts to China, the Nippon teel Corp said. The team of senior officials from five major Japanese mills will have talks with the Chinese Foreign Trade Department and the MetalsReuter - 141 words
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412 1977-08-30 12 AFP CANBERRA, Mon. Further cracks in the Australian federal loans system were revealed today through a leak of a memorandum sent to all Australian state premiers by the Australian Treasurer, Mr. Phillip Lynch. The acting Premier of the Victorian Liberal government, Mr.AFP - 412 words
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456 1977-08-30 12 Reuter CANBERRA, Mon. Government authorities and meat producers reacted with alarm today at reports of Australian beef causing salmonella food poisoning In the United States. Primary Industry Minister lan Sinclair, declaring he viewed the reports with great concern, called for a detailed Investigation ofReuter - 456 words
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Article118 1977-08-30 12 THE Registrar of Vehicles (ROV) will make the necessary refunds on surrendered monthly area licences from Sept 1. Anyone who has not fully used a monthly area licence may apply to the ROV for a refund on surrender of the licence. If his application is118 words
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Article29 1977-08-30 12 THE government yesterday realised more than $18,000 from the auction of seized tricycles, motorcycles, cars and lorries. Most of the vehicles were .sailed for non-payment of taxes.29 words
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Page 12 Advertisements
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Advertisement198 1977-08-30 12 ^<+>;@;],<?_`/{''/%,`@(,>^)>:[& Give us a man for a monthwell give him a language for life inlngua now the largest group of language schools in the world offers a range of intensive language courses specifically designed for the busy executives whose work and position require them to attain a high degree of198 words