The Business Times, 1 November 1977
1977-11-01
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The Business Times
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Title Section10 1977-11-01 1 BUSINESS TIMES M.C.(P) 300/1/77 TUESDAY, NOVEMBER 1, 1977 50 CENTS10 words
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NEWS IN BRIEF
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Article104 1977-11-01 1 AP LONDON, Mon. The British government's decision to allow sterling to float upwards to And new levels today halted coffee prices from rising further and generally lopped about 4 per cent off non-ferrous metals and other commodities. The first positive effect of the float wasAP - 104 words
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Article83 1977-11-01 1 AP LONDON, Mon. Former British Prime Minister Harold Wilson discussed in July 1969 the possibility of sacking a number of his top Cabinet officers including current Prime Minister James Callaghan the diaries of a deceased member of Wilson's Cabinet revealed. "Harold (Wilson) talked as if he was determinedAP - 83 words
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Article61 1977-11-01 1 Reuter TOKYO, Mon. An oil drilling rig built by Hitachi Shipbuilding and Engineering has been sold to China for between US$2O and $25 million (Ss4B and $60 million) industry sources said. The sources said the rig was resold to China after being delivered to Pacific EnterprisesReuter - 61 words
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Article67 1977-11-01 1 Reuter TOKYO, Mon. A consortium of 13 Japanese banks today signed an agreement here to lend 13.5 billion yen (Ssl3o million) to the Industrial and Mining Development Bank of Iran (IMDBI), the Bank of Tokyo said. The yen loan, redeemable over seven years including a three-year graceReuter - 67 words
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Article65 1977-11-01 1 AP KUALA LUMPUR, Mon. The value of Malaysia's trade with China Increased from US$lOB million (Ss26o million) In 1972 to $181 million last year, Trade and Industry Minister Hamzah Abu Samah told the House of Representatives today. He said that China, however, had no Investments in Malaysia. EnclkAP - 65 words
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Article84 1977-11-01 1 UPI NEW YORK, Mon. Stocks were mixed early today in the wake of a three-day rally and Investor uncertainty about the economy. Trading was moderate. The Dow Jones Industrial average, which gained 4.07 points on Friday and 21 points in the past three sessions, was off 2.86 pointsUPI - 84 words
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Chief Price Change
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Article, Illustration168 1977-11-01 1 Rises Most active Kuala aUtam Msls* Cooj Plant 565 290 428 +35 +5 +4 Nanyaaf Preee Mega Cham Lnchcape G Lumo«r Total Tumi Total Value Indi B.T. Index: Industrials: Finance: Hotels: Properties: Tins: rubbers: O.C.B.C.: S.E.S. Ind: 485,000 57,000 30,000 KLjfiiLtoUa MataJ Box Bhd TuCkoag DBS Traetan168 words
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Article109 1977-11-01 1 Falls Most active Tronoh Kamuntlng Taaek Berjunlai 8.B.S. C. Sugars C.C.M. AHllam Lien Hoe S.Trading KuchaJ Rises KSldlm D.M.R.T. OCBC Weame 0.20 2.04 2 05 7.05 1.40 2.28 3 94 1.00 1.08 5.00 0.88 5.85 2.50 o.ao 2.03 -.20 -.18 -.15 -.15 -.13 -.13 -.12 -.10 -.07109 words
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Article958 1977-11-01 1 BANK OF ENGLAND ACTS THE British Treasury bowed to the Inevitable yesterday and effectively revalued the pound sterling against the US dollar. Rumour and the astute forex dealers of the world had already powered the pound upwards before the Treasury announced that the Bank of England's958 words
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Article212 1977-11-01 1 AT ITS debut on the Stock Exchange of Singapore yesterday, the share or Nanyang Press-Singapore (1975) attracted very good premiums ranging from 45 to 51 cents on Its offer price. The shares changed hands from $1.54 to $1.56 to $1.51 to $1.54 on a turnover of212 words
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546 1977-11-01 1 THE MODERN manager should not be entirely concerned with profits and performance. He has also a social responsibility to fulfil In society. This la especially relevant in the developing countries such as those In South-east Asia, Mr. C.C. Pocock, chairman of the committee546 words
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Article512 1977-11-01 1 TERESA LIM - •y TERESA LIM LOCAL shippers may look forward to a cargo consolidation scheme here soon if an experiment to be carried out by Malaysia, with rubber and Umber as base cargo succeeds. This was deckled at the second meeting of government representatives, shippers and512 words
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303 1977-11-01 1 SINGAPORE'S 14-member team which leaves today for the Asean Chambers of Commerce and Industry (ACCI) meeting in Manila from Nov 2 to Nov 5, goes hilly prepared after a confidential briefing session by senior government officials, held some days ago. The mission303 words
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480 1977-11-01 1 RONNIE LIM - ■y RONNIE LIM SINGAPORE'S recent submission of Its list of priority sectors In which Japanese Investments would be welcomed here, are areas which Japanese manufacturers are particularly strong in. Their entry In the manufacturing sector here will undoubtedly help in upgrading technology in the480 words
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Article129 1977-11-01 1 TOKYO, Mon. New Zealand will float a 27 billion /en (***** million), 0.8 per cent, 10-year bond here with an expected Issue price of 99.80 per cent, Informed securities said. The contract Is expected to be signed tomorrow, they said. The sources said the duration has129 words
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Page 1 Advertisements
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Advertisement65 1977-11-01 1 @W&yfoong hand \yhen Wayfoong Mortgage you need and Finance (Singapore) Limited it ITIOSt Shaw House. Ground Floor. 354 Orchard Road. Singapore 9. I d *****7. SEE THIS PAGE Overseas New»/ TV Radio Overseas New*/CroeoLocal Co. Now* lnt'l Co. News Local Stocks Overseas Stocks PS Transport ft Catnmuajciationi Pt ps Pie65 words
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Advertisement25 1977-11-01 1 CITROEN CX 2400 PALLAS has proved to be such a cartough efficient elegant mi m HEnRv nnc rgeiicies pte ltd 9 LfiG-tt A.' S-.GAf'CIHt r,25 words
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Advertisement217 1977-11-01 1 EPi COMPLETE COPYMG SYSTEM ELECTRONS (PRIVATE) LTD I SINGAPORE Tet *****2 (5 Lines) I APS ELECTRONICS (M) SON BHD I KUALA LUMPUR Te< *****«360M«967 A 1 OFFICE PRESTIGE 6FFICE SUITES COLLYER QUAY Tenancy areas from 92 sq.m. to 701 sq.m. Rent at $2.42 psf /month inclusive. The 92 sq.m. suite217 words
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OVERSEAS
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1018 1977-11-01 2 NYT NEW YORK, Mon. With so much uncertainty about national economic policy on business and other circles of society. It was quite natural that the appearance of former President Gerald Ford as the speaker at an economic seminar here 10 days ago wouldNYT - 1,018 words
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127 1977-11-01 2 AFP MANAUS (Brazil). Mon. French businessmen may invest In the tourist development of the Amazon region, French Special Presidential Envoy Michel Ponlatowskl said here yesterday. Mr. Ponlatowskl arrived In Manaus last Saturday for a private visit, saying that "nobody can understand Brazil without knowledgeAFP - 127 words
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164 1977-11-01 2 AFP LONDON, Mon. Britain is about to conclude a major arms deal with Egypt Including a contract to repair the 200 Soviet-built Mlg fighters In the Egyptian air force, the Dally Mall reported today. The newspaper reported that President Carter had asked Prime MinisterAFP - 164 words
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Article94 1977-11-01 2 AFP PARIS, Mon. Argentine Economics Minister Jose Martinez de Hoz said last night his Just-concluded official visit to France "has opened up very large prospects for Improvement of economic and commercial relations" between the two countries. He said French Investors are beginning to realise the importanceAFP - 94 words
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686 1977-11-01 2 Washington Star WASHINGTON, Mon. Stronger safeguards for consumer rights and stlffer privacy standards are among the highlights of last Friday's final report of the National Commission on Electronic Fund Transfers. The commission was set up two years ago to Investigate the emerging technologyWashington Star - 686 words
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269 1977-11-01 2 AP WASHINGTON, Mon. Should the United States swap about a million Americans for an equal number of Russians, with each group serving as hostages in the other's cities? How about exchanging US and Soviet leaders and using them as hostages so thatAP - 269 words
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341 1977-11-01 2 NYT MOSCOW. Mon. The United States and the Soviet Union have begun to exchange military lectures in an effort to break down some of the suspicion and hostility that has persisted in the military field while cooperation has flourished In many other areas. According toNYT - 341 words
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Article68 1977-11-01 2 AFP ISMAILIA (Egypt), Mon. The Suez Canal Authority yesterday signed a contract with a Dutch-American consortium to build a 12-km arm parallel to the main canal In the Deverolr section. The work, costing 35 million Egyptian pounds (***** million) Is due to be finished by summer 1980.AFP - 68 words
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149 1977-11-01 2 WASHINGTON, Mon. President Carter says the United States Is mounting an all-out effort to get International cooperation In thwarting airline hijackers, with some prospect of achieving success. Even the Soviets, Mr. Carter said, have indicated they are growing weary of air terrorism chiefly149 words
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455 1977-11-01 2 NYT NEW YORK, Mon. A growing number of cuts, eye Injuries and other accidents from exploding carbonated soft-drink bottles has led bottlers and bottle manufacturers to set voluntary products standards aimed at reducing the hazard. Last year, an estimated 125,000 Americans were Injured byNYT - 455 words
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247 1977-11-01 2 Reuter KUWAIT, Mon. Kuwait yesterday announced that the US Ford Motor Company and all its subsidiaries and affiliates con-' tlnued to be black listed under Arab regulations for the boycott of firms dealing with Israel, Kuwait Radio said. A statement by the MinistryReuter - 247 words
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574 1977-11-01 3 Reuter TEHERAN, Mon. Iran Is to negotiate with France to barter at least US$6 billion (5514.4 billion) worth of Its oil for four nuclear power plants. The proposed deal will give France, already a major beneficiary of Iran's development boom, an evenReuter - 574 words
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Article340 1977-11-01 3 Reuter LONDON. Mon. Foreign exchange and government bond market sources here said they are looking for a rise of some US$2.5 billion (Ss6 billion) in UK official reserves when the October figure is announced next Wednesday, adding to the record $17.17 billion reached lastReuter - 340 words
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Article83 1977-11-01 3 Reuter TOKYO, Mon. Japanese exchange banks were quoting customer rates for sterling at 449.30 yen telegraphic transfer selling and 441.30 yen buying. But some banks said nominal quotations would be applied to large-lot transactions exceeding t'30.000 due to fears that sterling might fluctuate widely in both domesticReuter - 83 words
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Article381 1977-11-01 3 Reuter MUNICH, Mon. West German industry will continue to Invest at a slow rate next year, again putting the emphasis on modernisation rather than on Job-creating expansion, the IFO Economic Research Institute said. Spending on new plant and equipment should rise by a nominal 8 per cent,Reuter - 381 words
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186 1977-11-01 3 Reuter WASHINGTON, Moa. The Securities tad Exchange Commission Mid it is proposing two new rule* covering disclosure of financial data by petroleum companies. "P I the rules will also apply to reporting data for the new Department of Energy and generally correspondReuter - 186 words
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Article149 1977-11-01 3 AP SAVANNAH. (Georgia). Mon. The Panama Canal treaty may be tantamount to national suicide for the United States, New Hampshire Governor Meldrlm Thomson said at a rally sponsored by the coalition to save the Panama Canal. "I find it abhorrent to witness an American President rushingAP - 149 words
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Article107 1977-11-01 3 Reuter NEW YORK. Mon. US new construction contracts in September rose 39 per cent compared with a year earlier to US$l3.7 billion (5532.8 billion), the F.S. Dodge Division of McGraw Hill Information Systems Co said. The seasonally adjusted Dodge index rose by 4.5 per centReuter - 107 words
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325 1977-11-01 3 Reuter NEW YORK. Mon. Belgian Prime Minister Leo Tindemans was quoted yesterday as saying there should be urgent negotiations between the European Common Market and the United States to work out their future relationship. Mr. Tindemans spoke of the danger of protectionismReuter - 325 words
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Article51 1977-11-01 3 AP NEW YORK. Mon. South African Prime Minister John Vorster said the proposed United Nations sanction against South Africa would hurt, but "certainly not kill." He told Newsweek magazine he was "very confident" about the future of his nation and remained strongly opposed to black majority rule.AP - 51 words
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695 1977-11-01 3 SALE HITS US$B.6 BILLION NEW YORK. Mon. Individual Investors eagerly bought the Treasury's new three-year notes that were auctioned last Friday, but that sale may represent the crest In any build-up of dislntermedlatlon this autumn. Nearly US$l.l4 billion (552.74 billion) of the 53.25 billion695 words
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Page 2 Advertisements
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Advertisement425 1977-11-01 2 THESE ARE THE BOOKS THAT HITLER BURNED I 9 El w -461. f S?T L Ul m m a.. 3 SSI 3' fjj 1 H-] g '"J (if «i i"J i"L M *I_'H »i „yf.!" «f ififif*f|*^ Xft ."54 '-i fS fi 1* '4 THE GREAT BOOKS OF WESTERN OVILIZAnON425 words
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Page 2 Miscellaneous
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Miscellaneous371 1977-11-01 2 THE WEATHER WEATHER report for 24 hours prior to 7.30 pm on Oct 31 at Singapore airport. Maximum Temperature 31.3° C Associated Humidity 61 Minimum Temperature 23.7° C Associated Humidity 98 Hours of Sunshine 3.10 Rainfall in Millimetres 1.4 Total Rainfall for the Month 51.3 Total Rainy Days for the371 words
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Page 3 Advertisements
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Advertisement632 1977-11-01 3 Ng Cheng San, Finance Director, S.E.S. 'We're here to stay' "When a person outlays for or finances heavy equipment, we fully understand his desire to deal with an organisation that is stable. At SES we can reassure clients that we are dedicated to the heavy equip* ment business. We know632 words
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Page 3 Miscellaneous
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Miscellaneous601 1977-11-01 3 TWO-IN-ONE CROSSWORD 8 9 2 3 |19| 120 23 24 25 CRYPTIC PUZZLE ACROSS 1 Supporters of our rail services (8) 7 Rewritten treaties? (8) 8 Singer to make a lot of (4) 10 How all are disposed to revere (8) f. retainer (8) 14 He s way ahead (3)601 words
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COMPANY NEWS
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388 1977-11-01 4 ALTHOUGH total turnover value at the Stock Exchange of Singapore fell 30.2 per cent to 11.13 billion for the year ended June 30, 1977, the exchange managed a 3.46 per cent increase in pre-tax profit to $383,359. Operating revenue Increased 8.2 per cent to388 words
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Article103 1977-11-01 4 MR MICHAEL Wee Soon Lock has been appointed general manager of International Bank of Slnga?are. He succeeds Mr Olivier an who resumes his duties with the Development Bank of Singapore. MR JEFFREY Gan has been appointed assistant front office manager of Singapore Hilton. He Joined the hotel103 words
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COMPANY MEETINGS
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Article22 1977-11-01 4 THE following company meetings are-due: Nov 4 at 11.30 a.m. at the OCBC Centre (19th floor), Chulia Street, Singapore.22 words
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Article18 1977-11-01 4 Nov 4 atll.oo a.m. at 4th floor, Mac Donald House. Orchard Road. Singapore 9.18 words
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Article17 1977-11-01 4 Nov. 17 at 12.00 noon at oonh Qtroat Ponono 25, Beach Street, Penang.17 words
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Article306 1977-11-01 4 Current payment Ex Date Date payable Total for the year Tout for previous year Nat Iron SBS M'an Breweries Emo Malaysia n%ig 12% 16% 5%ITE Oct 11 Oct 13 Oct 17 Oct 7 Novl Nov 4 Nov 5 Nov 8 11% 12% 23% 5% 12%TE 12% 20%a 18%TE306 words
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707 1977-11-01 4 THE LONG drawn-out correspondence between the Stock Exchange of Singapore (SES) and the Far Eastern Hotels Development (FEH) over the company's business conduct must be getting under the skin of FEH shareholders. To say the least, shareholders and Investors have707 words
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Article268 1977-11-01 4 KUALA LUMPUR, Mon A Malaysian co-operative society has opened a 809hectare palm oil estate In Teluk Anson. The first seedling was planted at a ceremony yesterday by the Raja Muda of Perak who had earlier opened the multl-mllllon dollar Oanda Oil Industires Sdn Bhd undertaken by268 words
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Article120 1977-11-01 4 KUALA LUMPUR, Mon. A leading German manufacturer of electronic equipment may set up a manufacturing base In Malaysia some time In the near future. A EG -Telef un ken -Sector Electric and Industrial Components Is studying the possibility of having some of its electrical components120 words
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417 1977-11-01 4 NYT NEW-YORK: Suppose that, quite unexpectedly, you inherited US$2O,OOO from a long-forgotten aunt with the stipulation that the legacy be Invested. The New York Times put that question to three brokerage-firm professionals last Jan 9, asking them to suggest how to put suchNYT - 417 words
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808 1977-11-01 4 NYT NEW YORK: The big New York City banking companies continued to groan under the sluggish demand for loans from big corporate borrowers, according to mixed third quarter reports. But perhaps the heaviest groans came from Wall Street when the biggest New YorkNYT - 808 words
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474 1977-11-01 4 FT CONTINUED EXPANSION, with particular emphasis on the group's mall order companies is the message from Sir Isaac Wolfson,chairman of Great Universal Stores. In 1976-77 over 50 per cent of group sales came from this source. In his annual report he tellsFT - 474 words
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Article98 1977-11-01 4 TAIPEH, Mon. A new stage In the construction of a major Taiwanese steel mill due to begin next January will boost Its annual production capacity after 1981 to 3.25 million tonnes, the Central News Agency reported. The state-run China Steel Corp mill In Kaohslune, southern Taiwan,98 words
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1213 1977-11-01 4 BANGKOK: The trading fever built up on the Securities Exchange of Thailand (SETT) over the past few months has raised fears that the market may collapse any time, leaving the general investor In the lurch. The monthly turnover, which averaged 82.79 million bahts1,213 words
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Page 4 Advertisements
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Advertisement145 1977-11-01 4 IX. (fl i L -> i» 1\ L\ Kenneth to w &v Jt. Kmnatti Lo, the mo-known ClUnwi cookery writer, Introduces the r seder to Km tochnlquoo c 4 Chinssc cooking, and glvtt an IwlgW Into their unlquo way of eeting. Beginning with simple onedish main coureee, ho proaraaaaa through145 words
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INTERNATIONAL COMPANY NEWS
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Article674 1977-11-01 5 ASIAN COMPANIES SYDNEY, Mon The Bank of New South Wales, Australia's largest trading bank, raised its earnings for the year ended Sept 30, 1977 by about 23 per cent on a 20 per cent rise In income. Unaudited operating profit rose to A 571.04 million674 words
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299 1977-11-01 5 Reuter BRISBANE, Mon. Pancontinental Mining said It hopes environmental clearances will be given within a reasonable period and government approval forthcoming for It to commence construction on the Jablluka uranium orebody in the dry season of next year (early to mld-1978). TheReuter - 299 words
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219 1977-11-01 5 Reuter SYDNEY, Mon. Australian National Industries (ANI) chairman E.A. O'Halloran told the annual meeting the company expects a profit after tax of at least ASI4 million for the current year ending June 30. 1078. In September, the comannounced a consolated operating profit after taxReuter - 219 words
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267 1977-11-01 5 FT STOCKHOLM, Mon. ASSI, the Swedish stateowned forest products company which took over Dolan Packaging, of the UK. last month, reports a loss of 323 million kroners for the first eight months. Mr. Slgvard Bahrke, the managing director expects the loss toFT - 267 words
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909 1977-11-01 5 EUROPEAN COMPANIES FT LONDON, Mon. imperial Chemical Industries has bowed to pressure from the Sovernment and the British las Corporation by finally agreeing to pay substantially higher prices for Its long-term supplies of North Sea gas. The company's agreement toFT - 909 words
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Article338 1977-11-01 5 ROME, Mon. Alfasud. the heavily loss-making car manufacturing subslsldlary of the Istltuto per la Rlcostruzlon Industrlale (IRI), Is to have a major management shake-up, with the board being cut back to three members. Including a new general manager, Mr. Alfredo Llnglardl. He moves Into control of338 words
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680 1977-11-01 5 NYT DETROIT, Mon. Gerald C. Meyers says that, contrary to rumours abounding in Detroit, the American Motors Corp. has no plans to get out of the business of manufacturing passenger cars. "In fact," said Mr. Meyers, who has taken over the leadership of theNYT - 680 words
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546 1977-11-01 5 FT BERLIN, Mon. West German chemical manufacturers are facing growing competitive pressure from Britain's ICI as a result of wages and fringe benefits for British workers which are said to be less than half those paid to chemical workers In West Germany. This Is the viewFT - 546 words
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402 1977-11-01 5 FT LONDON, Mon. The British Rail Pension Funds has made a bid for Edinburgh and Dundee, one of the biggest of the investment trust companies here. The price will be reached by using a formula which would have valued the company at theFT - 402 words
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248 1977-11-01 5 AMERICAN COMPANIES Reuter TEXAS Instruments said sales, net earnings and backlog reached new records in the third quarter and first nine months of 1977. The company reported a 22 per cent Increase In third quarter net earnings to US$l.29 per common share compared with $1.06Reuter - 248 words
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Article138 1977-11-01 5 ENGELHARD Minerals and Chemicals Corp said third quarter pre-tax earnings from the precious metals operations of Its Engelhard Industries division fell below year-ago levels, although results from its Phlllpp Brothers and metallic minerals operations varied only slightly. The company reported third quarter net earnings of US94138 words
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Article166 1977-11-01 5 Reuter DOW Chemical said It does not expect to achieve Its planned 10 per cent earnings Increase this year. Based on current volume and price increases, the company said It expects flat earnings similar to the US$3.3O a share of last year. The company earned 78 centsReuter - 166 words
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142 1977-11-01 5 Reuter NET earnings at Republic Steel slumped badly in the third quarter and the first nine months this year. Third quarter net earnings fell to US$lO million or 62 cents a share from $19.1 million or $1.18 a share in the 1976 quarter. Revenue roseReuter - 142 words
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Page 5 Advertisements
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Advertisement394 1977-11-01 5 UJJ^ T ?7PTh South East Asian Production Machinery and Engineering Equipment Show, 7-11 November 1977, Hyatt Convention Centre Singapore Industrial Investment Seminars Presented by the five ASEAN governments Seminar Day 1 7th November Seminar Day 2 Bth November Indonesia Malaysia Presented by the Investment Co-ordination Board Government Team: Professor Barli394 words
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Article2313 1977-11-01 6 1976/1*77 High Low Company Lait Sale Week +orGr's Div Div C'vr Or 1 Y'ld Net P/E Week Vol Week COOO) High Low SECTION ONE INDUSTRIALS 154 204 116 238 88' 198* 169 224 414 171 134 165 58 212 57* 155 152 182 350 145 Acma Alcom2,313 words
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Article1008 1977-11-01 6 BID aad offer price* officially Stock Eickiagt ofSiMi IT ye^*y iUI eharee traded ibown in bracket* in lota of 1,000 unit* unlcii apecifted. All Time Settlemenl P quoted after Um kutfsme' Board deal* (la th* wo< •ft®' SECTION ONE INDUSTRIALS A««• (1 348 1.368) (2) 135 Aleoan1,008 words
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Article1561 1977-11-01 6 BID and offer prion officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. N OUST RIALS Ajmomote <2.ICS). Ale»m (1.668 1.725). *4sld < I.COS). A.1,561 words
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Article42 1977-11-01 6 STRIKING prices of the •lock options officially listed on the Stock Exchange of Singapore, the periods, hid and offer prices and businese done yester- day, with the number of options traded shown in brackets. U. 0.8. (March 63.00) (0.128 0.155).42 words
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Article149 1977-11-01 6 SINGAPORE UNIT TRUST INCOME BOND UNIT (Manager** pric e* for Nov 1) (Current The Commerce 1.72 1 82 rice*) The Saving Fund 1 04 1.10 INCOME BOND ioe i.i4 S' pore Prot Fund 0 82 0.87 S'pore Security Fund 1.99 1.88 mara bumiputra fund S'pore Invest Fund 0149 words
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Article159 1977-11-01 6 B O T 8 1/2* 1981 (IM.OM) (IM*B 1018) B O T 7 8/8* 1964 (100,000) (97*8 97*S) LTCB J 1962 (100,000) (98 *B 98 SS) Credit Lyonnais Floating 1963 (IM.OM) (9758 98*8) DBS Converts C 1/2* 1991 (IM.OM) (96*8 97*8) D B S 8 1/2% 1982 (IM.OM)159 words
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Article110 1977-11-01 6 Rep Spor* D Mark 7* 1962 (100,000) (1008 100v«S) Rep Spore 6 1/2% 1983 (100,000) (1008 100HS) Rep Spore 7 3/4* 1987 (100,000) (WVB 100*S) 4 3/4* 1/5/79 (250,000) (100.058 100 20S) 5 3/4* 1/8/78-80 (250,000) (100.708 100 90S) 4 3/4* IS/9/80 (250,000) (99.058 99.203) (4) W. 20110 words
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Page 6 Advertisements
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Advertisement176 1977-11-01 6 Confront Singapore's decision makers in Business Times For only $3.50 per single column centimetre Business Times, Singapore's new financial daily, offers you the most costeffective medium to reach Singapore's top businessmen. The decision makers of industry and commerce. Politicians, civil servants, the media and more. It's people like these who176 words
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Article, Illustration628 1977-11-01 7 NANYANG Press, which was officially listed in the moraine, dominated a generally quiet and easier Stock Exchange of Singapore yesterday. The company's 5.14 million $1 shares, of which 4.98 million shares were offered to the public at 91.06 recently, was actively traded against the general trend. Turnover totalled628 words
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Article381 1977-11-01 7 CONTRARY to the generally optimistic expectations after last Friday's budget announcement, the Kuala Lumpur stock market drifted lower yesterday on an apparent lack of follow-through support. Initial quotations, however, were marked higher. But as the day wore on, prices were gradually forced lower. The downtrend, according to381 words
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1133 1977-11-01 7 NYT LONDON: A middle-aged broker was standing at the edge of the tumultuous stock exchange trading floor when suddenly his pocket beeper phone emitted a piercing shriek. He listened for a moment, then excused himself and waded into the sea of pinstriped bodies milling aboutNYT - 1,133 words
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Article265 1977-11-01 7 Reuter MELBOURNE, Mon. Sir Donald Hlbberd, chairman of Comalco Ltd and New Zealand Aluminium Smelters Ltd (NZAS), said the New Zealand government appears to be pursuing a course which threatens the future of the NZAS aluminium smelter at Bluff In the South Island. In a statementReuter - 265 words
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INTERNATIONAL STOCK MARKETS
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Article369 1977-11-01 7 HONGKONG: The market closed firmer In active trading, with prices rising throughout the day on renewed Interest, dealers said. The Hang Seng Index rose 2.28 points to 417.79. Hongkong Bank rose 10 to $18.00 In heavy trading. Jardine Matheson 20 to $13.50. and Hutchison and Swire Pacific five cents369 words
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Article518 1977-11-01 7 TOKYO: Share prices rose sharply on fresh buying Interest In constructions and foods, dealers said. The Dow Jones average rose 38 01 to close at 5.070.61 on volume of 170 million shares. The new Index closed at 376.20, up 2.11. Constructions rose In anticipation of a stimulatory fiscal 1078518 words
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Article429 1977-11-01 7 SYDNEY: The market was generally little changed, with BHP rising two cents to $5.74. dealers said. The Sydney All-Ordinaries Index fell 0 #5 point to 452 70 Among banks. Bank Of New South Wale* fell 10 cents to $5.40 and AGC seven to $1.53, while In Industrials, CSR eased429 words
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Article132 1977-11-01 7 Oct SI Baku 4•/Asia Fibre 267 11 Bangkok Bank 433 24 Bangkok Investment 338 ♦8 Bangkok Metropolitan Bank una BataShoe 810 10 Bern Jucker 824 24 Charoong Thai Wire 317 16 Duslt Thanl 300 unch First Trust 285 -J General Finance 316 ♦6 Indo-Thal unq Industrial Finance Corp 2132 words
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Article794 1977-11-01 7 NYT NEW YORK: Many Industrial companies face uncertain prospects for the next year and a half, reflecting a cloudy economic outlook. Thus, many shares that in boom times would seem cheap now find few takers. All of which is a good reason. someNYT - 794 words
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Article868 1977-11-01 7 NYT NEW YORK: When the Colonial Option Income Fund passed the US$lOO million mark In assets last week, Mr. Robert Murphy, sales head of the firm that markets the open-end Investment company, heaved a sigh of relief. Colonial, one of seven new funds speciflcalJy designedNYT - 868 words
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Page 7 Advertisements
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Advertisement534 1977-11-01 7 BUSINESS TIMES Airline Directory Aeroflot Soviet Airline* 110-112 Show Centre, Orchard Road, Singapore 9 (Tel: 377.111) Air Ceylon 302-B, 3rd Floor, Marina House Shenton Way, Singapore (1) (Tel: *****88) Air Franca Ground. Floor, ICS Building, Shenton Way Singapore 1 (Tel: *****11) 16th Floor, UIC Building, Shenton Way, Singapore 1 (Tel:534 words
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COMMODITY REPORTS AND PRICES
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Article303 1977-11-01 8 OPENING quotations were marked up one cent in the Singapore rubber market yesterday, following higher London advices, but thereafter, the market fell back gradually on lack of interest. Volume was small. The morning session closed dull, with November RSS One buyers quoted at 208.00 cents303 words
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Article30 1977-11-01 8 Rubber: Oct 31 Singapore: November 206.50 cent* (down 1.50 cents) Malaysia: November 208.00 cents (down two cents) Tin: J1.840 (down 110) Official offering: 228 tonne* (up 43 tonnes)30 words
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Article402 1977-11-01 8 R A S orlres In cents per kilo yesterday Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int 1 RS S. prompt f o b 207 00 208 00 205.75 206 75N Int 1 R S S Nov 207 75 208 25 206 50 207 00402 words
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Article117 1977-11-01 8 NOON SSR and SMR prices yesterday: November D ecembei R.A.S. (Current Mth) (Forward Mtfc) Buyer* Seller. Buyer* Seller* (cent* per kf) (cei a i s SSR 20 (1 ton pallet) 202 00 204 OON 203.00 205 OON SSR SO (1 ton pallet) 19# 50 201 SON 200117 words
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Article339 1977-11-01 8 HONGKONG, Mon. Trading In the cotton futures was fairly dull on traders' uncertainty about short-term price movements and in waiting for a fresh lead from New York, dealers said. Trading was mainly confined to local interests, and light profit-taking and day trades were noted from commission house, they339 words
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Article205 1977-11-01 8 BANGKOK, Mon. Indicative prices for rice quoted today were: (US dollars per tonne fob basis Bangkok): White Rice: 100 pet Ist class 308. 100 pet 2nd 294. 100 pet 3rd 288, 5 pet 279. 10 pet 260. 15 pet 257. 20 pet 254. 25 pet 247. 35 pet unq.205 words
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Article275 1977-11-01 8 THE local produce market remained lacklustre yesterday. The Singapore Chinese Produce Exchange reported no change in the prices of all the commodities quoted In Its official list. More coffee buyers are expected to come Into the market as news reports from Mexico showed positively that the suspension of275 words
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Article167 1977-11-01 8 LONDON, Mon. Strength of sterling against the US dollar sent terminal sugar Into an immediate decline to register first call losses from Friday of £2 to £3 per tonne. The lowering of the London daily price for raw sugar by £6 to the recent four-year low of £95 brought167 words
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Article136 1977-11-01 8 LONDON, Mon. —Strength of sterling against the US dollar sent terminal cocoa into an early decline, to register £40 limit losses in the July position at £1,715 traded and offered and near limit losses in near delivery contracts. But dealers said the market met fairly strong support at the136 words
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Article94 1977-11-01 8 LONDON. Mon. Coffee prices at mid-day ranged £44 to £16, higher with November showing the biggest gain. The tone was "steady." Turnover totalled 1.427 lots, including 34 options. Trade buying developed after the opening, pushing prices up as sellers became scarce. All positions finished around the session's best levels.94 words
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Article161 1977-11-01 8 THE Straits tin price In Penang yesterday was down MSIO to $1,840 on an official offering up 43 tonnes to 228 tonnes. The price continued to drop following last week's lower London trends, but the present low level was supported by light buying from Japan and US, as161 words
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Article94 1977-11-01 8 LONDON, Mon Copper wlrebars finished the ring with all round losses of £23 per tonne. The strong tone in sterling this morning touched off a wave of liquidation on the pre-market which pushed Three Months down to £653 per tonne. The lower levels found some covering against West German94 words
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Article83 1977-11-01 8 LONDON, Mon. Zinc lost £11 for cash and £11.50 for Three Months by the end of morning ring dealings. Market sources said that in the absence of any feature of its own, zinc moved lower throughout thin morning dealings under the Influence of stronger sterling. Three Months traded from83 words
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1286 1977-11-01 8 AFP LONDON, Mon. Sharp gains in gold to new twoyear highs and record prices paid for tin featured in the somewhat irregular trading pattern on the commodity markets last week. Coffee recovered strongly from the previous week's 13month lows, while sugar moved away from itsAFP - 1,286 words
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Article172 1977-11-01 8 THE kilobar market In Singapore yesterday opened at S$ 12.460 and closed at 5512.451 after drifting to a low of 5512.397. In the London market, the metal opened at U*****.70/90 and closed at U*****.30/60. The London morning fix was US$l6O.BO, down 40 cents on the previous fix. Source: Sin|nai..172 words
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Article70 1977-11-01 8 LONDON, Mon. Silver fell by 6.1 pence per troy ounce all round. Values were marked sharply lower on the premarket, reflecting the heavy gains In sterling and lower gold this morlnlng, dealers said. Three Months traded down to 268.5 pence at the outset by short-covering steadied the position to70 words
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Article44 1977-11-01 8 LONDON, Mon. Lead was £5.25 per tonne down all round at the end of the morning ring. On the ring and kerb, prices again eased although scaledown buying cushioned the fall with Three Months finally trading at £352. Ring sales were 4,300 tonnes.44 words
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Article166 1977-11-01 8 AFP CANBERRA, Mon. The Australian Wheat Board has revised Its estimates for the 1977/78 wheat crop down to 9.67 million tonnes following the unseasonally hot dry weather throughout most of Australia. The chairman of the Australian Wheat Board, Sir Leslie Price, said that this estimate wasAFP - 166 words
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104 1977-11-01 8 Reuter TAICHING, Mon. Taiwan will reap 2.6 million tonnes of rice this year. 100,000 tonnes below the 1976 level, a provincial government food official was quoted by the Central News Agency as saying. He said crops have grown well this year despite typhoons InReuter - 104 words
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MONEY AND EXCHANGES
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Article563 1977-11-01 8 STERLING came under strong speculative pressures yesterday on Singapore's foreign exchange market while the US dollar continued to fall against most major currencies in the world. Opening at U551.7830/50 against the US dollar In the morning, the British unit was quickly traded up to US$l.Bl9O/1.8200 before London opened in563 words
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Article31 1977-11-01 8 acbc 7 6*i 7 Bangkok Bank HSBC 7 Bank of China 7 7 Malayan Banking Bank Negara OCBC OUB (S UCB Chtie ManhatUn DBS 7 7 I'MBC LOB31 words
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Article113 1977-11-01 8 Asian rates ASIAN rate* u currency deposit at close on Oct 31 Interbank U9 Dollar* (SpoO Offer Bki 7 days 1 mth 2 mths 3 mtlu 9 mths 9 mths 12 mtlu 6 5/8 71/16 71/8 71/4 71/2 8w. Fn. (middle pi 61/2 615/16 7 7 1/1 73/B 7 7/16113 words
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Article100 1977-11-01 8 Euro rates LONDON. Mon Trading interest in Eurodollar deposits was somewhat overshadowed by activity In the foreign exchange market where sterling rose sharply, dealers said. Period funds of Six Months onwards were wanted and rates rose about 1/16 while near dates held very steady. Light rollover business was reported. Eurodepoait100 words
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Article295 1977-11-01 8 LONDON, Mon. Sterling soared to a high of US$l.B4OO/30 In early trading from $1.7770/75 at Friday's close following the shift In Bank of England Intervention policy to protect domestic monetary targets In view of continued heavy Inflows on the foreign exchange market, dealers said. The effective trade weighted index295 words
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Article212 1977-11-01 8 HONGKONG, Mon. Sterling advanced sharply to US$l.BOOO/ 50 In very active trading spurred by a UK press report that the British government Is close to a decision to allow the pound to be significantly revalued. Dealers said there was limited Intervention here on behalf of the Bank of England212 words
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Article133 1977-11-01 8 TOKYO, Mon. The US dollar for overnight delivery closed at 250.35 yen, down from a 250.60 opening and 250.65 yen at last Friday's close. No central bank intervention was detected. Combined spot trading volume was US$3Ol million The U8 currency was steady In early trading on demand to cover133 words
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Article40 1977-11-01 8 FRANKFURT exchanges opening quotes on Oct 31 U8 2 2525/35 Can 2 0395/0415 UK 4.115/025 Neth 93 10/20 Swtti 101 03/13 Italy 2.557/567 France 46 55/65 Norw 41.35/45 B»tg com 6 405/415 Bel( rin 6 41/42 Japan 0 9019/3440 words
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Article324 1977-11-01 8 LONDON, Mon. Activity in the Eurobond market was very subdued following the holidays in several continental centres, dealers said. Eurobond prlcei quoted on Oct 31 Straight* Bid Offer Nippon Fud Bank 7*82 97% 98% DSM (Holland) 8% 81 98 5/18 99 1/18 BNDEt Brazil 9% 84 99 99% Sweden324 words
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Advertisement166 1977-11-01 8 r 111 MONTHLY ECONOMIC REPORTS With monthly political supplement for UP-TO-DATE HANDY REFERENCE ASIA RESEARCH BULLETIN This unique publication offers businessmen each 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. The Bulletin166 words
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Article444 1977-11-01 9 AFP PARIS, Mon. The possibility of waging war with satellites has already moved beyond the pure science fiction stage, but the Soviet Union is the only power to have sent up a killer satellite to destroy an orbiting one. Both the US and the UBSRAFP - 444 words
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653 1977-11-01 9 UPI ROME, Mon. Italys complicated new speeding law with eight different speeds is to be monitored by a combined radarphotographlc system against which electronic countermeasures are already being devised. After months of wrangling, the new law was signed last Saturday, setting speedUPI - 653 words
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182 1977-11-01 9 AFP KUALA LUMPUR, Mob. Lorry operators is Selangor and the Federal Territory have announced that their freight rates would be increased by 25 percent from tomorrow. Announcing this the Secretary of the Selangor and Federal Territory Lorry Owner's Transport Association, Mr. Ong Kim Soon,AFP - 182 words
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107 1977-11-01 9 AFP HONGKONG, Mon. A massive upsurge In air travel In China has prompted aviation authorities there to build new airports or expand existing ones at many major towns, British Airways reports In Its tabloid "News" distributed here. It states that at Peking a new four-storey terminalAFP - 107 words
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Article73 1977-11-01 9 AFP HONGKONG, Mon. A Chinese telecommunications delegation arrived In Phnom Penh yesterday at the invitation of the Cambodian Government, the New China News Agency (NCNA) reported. The NCNA quoted a Cambodian radio broadcast yesterday as saying that the Chinese delegation, led by Chi Thl-chao, Deputy Director-OeneralAFP - 73 words
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Article, Illustration359 1977-11-01 9 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Blndang (2300) 18 Bunga Serola (1830 hauls on completion of UTM/L for D/L) 35/36 Eldal Maru No. 0 (JQAZ) (2300 after Sunny Aurora) 10 Kristin Bakke (0600) 6/7 Lamma Island (1500 after Solar Peak) 13/14 Manjusan Maru (JDES) (0600) 45 Susan Maersk359 words
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Article295 1977-11-01 9 AP TOKYO, Mon. Female employees of Japan Air Lines say the airline discriminates against women, and today asked the Japan Bar Association to investigate. The employees alleged discriminatory labour practices, including Inequality In payment and promotion opportunity. The request came from 35 women groundAP - 295 words
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Article151 1977-11-01 9 AFP CANBERRA, An electric car called the Investigator Mark U will be released In South Australia under the sponsorship of the South Australian Labour Government. The electric car was developed at Flinders University of South Australia over the last five years as a state government projectAFP - 151 words
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Article119 1977-11-01 9 DAIWA Line Service is a regular service to West Asian ports, started earlier this year. This non-confe-rence carrier operates a monthly service between Singapore and West Asian ports. Daiwa Line of Japan uses conventional vessels on its run from Japan to Singapore and on the West Asian ports119 words
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282 1977-11-01 9 UPI TOKYO, Mon. The Soviet External Transport Corporation (8 VT). Together with Japanese firms, applied to the Ministry of Transportation for permission for a Joint Soviet Japanese company to deal in Trans-Sibe-rian Landbrldge (SLB) containers here, it was reported today. The AsahlUPI - 282 words
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Article709 1977-11-01 9 ARRIVALS service Local Operator Number Time From CAL CI331 0040 TPE/HKO/KUL CPA CX003 0145 HKG TMA TL303B 0215 BEY/DXB/ BOM/KUL MAS MH801 0715 KUL MAS MH682 0810 KCH SIA SQ101 0815 KUL MAS MH621 0850 PEN MAS MH607 0900 KUL MAS MH671 0945 PEN/KUL CAL CI 806709 words
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Advertisement213 1977-11-01 9 PRESSMEN-OR YESMEN? This is a question often asked about the Singapore journalist. Another question is: How controlled is the Singapore press? New Directions quarterly discusses questions such as these in its September issue now on sale. —-i ggO/77 StPTtMSC* ,oan»uiM oT WJS-> the press Womem to Ifcito-No" I 0 1213 words
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Article, Illustration1008 1977-11-01 10 Reuter -HANOI, Mon. Vietnam is opening up to tourists with a kindness typical of the Vietnamese people but with about as much comprehension of the West as Westerners have of Vietnam. One of the major misunderstandings is the basic assumption by the Vietnam TouristReuter - 1,008 words
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Article672 1977-11-01 10 NYT OTTAWA, Mon. The .Canadian economy was once envied for Its glowing health. No longer. Nearly a million Canadians are out of Jobs, and those who are working find their paychecks buying less and less. Even Canadian .Industrialists, let alone foreign Investors, are finding thisNYT - 672 words
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Article948 1977-11-01 10 BLUMENTHAL FINDS IT EASY GOING NYT RIYADH, Mon. Treasury Secretary Michael Blumenthal's 011-money-and-peace mission to the Middle East woundup today, after flying visits to Egypt, Israel, Kuwait, Iran and Saudi Arabia. What did It reveal and what did It accopmplish? On the economically crucial andNYT - 948 words
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Article, Illustration999 1977-11-01 10 NYT PASADENA, Mon. American and European scientists are planning a two-spacecraft mission in a region of space never before explored to obtain the first view of the solar system and the sun from a new perspective far above and below the planeNYT - 999 words
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Article1124 1977-11-01 10 NYT NEW YORK, Mon. Because they have a relationship characterised by love, understanding and respect for each others individuality, Yves and Harriet Mlchele have separated after two children and 10 years of marriage. As incongruous as It seems, such qualities were important in the couples decision toNYT - 1,124 words
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Page 10 Advertisements
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Advertisement170 1977-11-01 10 COLLKTINQ Oriental Antiouej l 3 X 4 t efl AtvnQ^ j (WtfW. l\ 4 9 ■r i by Judith Moorhouse and Dries Blitz Hamlyn Group, London. Oriental antiques have always fascinated collectors throughout the world, evoking as they do the exotic and Inscrutable East. It Is, however, widely believed that170 words
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414 1977-11-01 11 AFP KUALA LUMPUR, Mon. Kuala Lumpur is seeing the beginnings of a population explosion that will stretch Its resources to the limit. The Treasury's economic report cites figures which show that in less than 10 years, the Federal Territory would reach theAFP - 414 words
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349 1977-11-01 11 AFP HONGKONG. Mon. Peking is taking steps to avoid the economic pitfall experienced by the Soviet Union In Its 50 years of commumlsm shoddy production to fulfil targets at the expense of quality. In a commentary broadcast over Radio Peking yesterday, the People's DallyAFP - 349 words
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404 1977-11-01 11 MOST of the large agency houses in Singapore and a number of other organisations are sending representatives to Dlnamlka '77, an extensive US trade exhibition in Jakarta opening today. Mr. Tom Moore, director of the International Marketing Center, Singapore said the exhibition showing404 words
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Article145 1977-11-01 11 MR Yoshlnosuke Sugimoto, formerly general manager of the Bank of Tokyo's international division operations centre is to become the new general manager of Singapore Japan Merchant Bank. He replaces Mr K. Fukuda who is being posted back to BoT's head office in Japan. Singapore Japan Merchant Bank145 words
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233 1977-11-01 11 AFP KUALA LUMPUR, Mon. Malaysian tin Industrialists have welcomed the decision of the government to take over the contribution to the buffer stock under the fifth International tin agreement. The contribution had hitherto been borne by the industry, including small miners. The government'sAFP - 233 words
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149 1977-11-01 11 AFP HONGKONG, Mon. A Vietnamese nitrogenous fertiliser plant, built with Chinese assistance since 1961, was inaugurated yesterday, the Vietnam News Agency (VNA) reported. The Ha Bac nitrogenous fertiliser plant, about 50 km north of Hanoi, is one of the biggest fertiliser plants in northern Vietnam, theAFP - 149 words
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Article95 1977-11-01 11 Reuter KUALA LUMPUR, Mon. The Malaysian Government has established a new administrative and manpower planning unit in efforts to streamline the planning machinery for development projects, it was announced here todayThe minister without portfolio, Tan Sri Chong Hon Nyan, said that the new unit attachedReuter - 95 words
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240 1977-11-01 11 Reuter RANGOON, Mon. Burma's state-owned industries have succeeded in boosting their output of much-needed consumer goods, a government minister told a conference here. Colonel Tint Swe, the Minister for Industry, said the increase had been made possible by the easier availability of foreign currencyReuter - 240 words
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Article, Illustration1085 1977-11-01 11 CHAN BONG SOO - By CHAN BONG SOO EXCEPT for the flutter I noted In a handful of Issues > and the mildly bullish trend j seen In the tin and rubber sectors, the Stock Ex- change of Singapore last r month witnessed a general1,085 words
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Article75 1977-11-01 11 Reuter MANILA, Mon. Asean will develop a common policy for the exploration of offshore petroleum resources and consider establishing a regional liquefied gas project, a Joint communique said, following a meeting of the Asean Council on Petroleum. The member states wll also Jointly survey the demand andReuter - 75 words
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262 1977-11-01 11 AFP BANGKOK, Mon. Ruling revolutionary party leader Admiral Sa-Ngad Chaloryoo has assured Mitsui Bank chairman Ooro Koyama that Thailand would give security to all foreign Investors and welcomed foreign investments. Mr. Koyama, here to attend the 25th anniversary celebrations of the Mitsui Bank's BangkokAFP - 262 words
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373 1977-11-01 11 NYT PRINCETON, New Jersey. Mon. Continued political stability In the Far East depends on the capacity and will of the United States to maintain the balance of power in that part of the world. Ambassador Fumlhlko Togo while saying this declared thatNYT - 373 words
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231 1977-11-01 11 UPI TAIPEH, Mon. The test run of Taiwan's first geothermal power plant has been going on "very smoothly a spokesman for the National Science Council said today. The power plant, located in Chingshui in the mountainous eastern country of Yilan. was jointly designed byUPI - 231 words
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278 1977-11-01 11 P EN AN O, Mon. Deputy Prime Minister Da to Serl Dr. Mahathir Mohamad today pledged Malaysia's commitment to the Regional Centre for Education In Science and Mathematics (Recsam) within available resources In strengthening regional cooperation In South-East Asia. Speaking at the official278 words
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Advertisement349 1977-11-01 11 APPOINTMENT An Unique Career Opportunity For AN AMBITIOUS EXECUTIVE THE POSITION: Service Manager THE MAN: Mechanical background associated with rotating equipment, with bias towards reciprocating compressors, rotary screw compressors and pumps. A minimum of 3 years experience in an managerial position. Singapore Citizen or permanent resident. THE JOB: To administer349 words
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Article, Illustration589 1977-11-01 12 MR. N. HASEGAWA, president of the Sumitomo Chemical Company of Japan, yesterday supported the view that the government can play an Important role In developing countries where business enterprises are short on skill and resources. While agreeing that economic development can be realised by free entreprlse,589 words
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603 1977-11-01 12 ADAPTABILITY and heightened sensitivity to external factors that Increasingly affect the business environment are the two most Important pre-requisltes for a modern manager. This view was put across to some 450 top management participants at the AAMO-6 conference yesterday by Mr. R.G.603 words
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Article64 1977-11-01 12 NICOSIA, (Cyprus), Mon. Lebanon has complained about a shortfall In aid promised by five Arab oil producing countries, the Middle East Economic Survey reported today. The weekly newsletter quoted the Lebanese Minister of Industry and Oil Michel Dumlt as telling the Council of Ministers that, of seven64 words
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Article747 1977-11-01 12 LONDON. Mon. The stock market reacted strongly to the strength of sterling on foreign exchanges markets, with equities sharply lower on concern over the resulting effects on company profitability and government bonds substantially higher. Government bonds rose up to 1 3/4 point among high coupon longs while shorts747 words
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365 1977-11-01 12 THE Telecommunications Authority of Singapore may have to make the installation of telephone cable wiring* within buildings mandatory for owners and developers if they continue to ignore the needs of their tenants. But, Dr. Yeoh Ghim Seng, Speaker of Parliament and MP365 words
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Article118 1977-11-01 12 AP SEOUL, Mon. The Soviet Union has rejected South Korea's request to ship Europe-bound export goods from Korean ports direct to Vladivostok for transhipment via the TransSiberian railway. Transportation Minister Choi Kyung-Nok said today. The Seoul government, lacking formal relations with Moscow, had approached Russian authoritiesAP - 118 words
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776 1977-11-01 12 lOJALA LUMPUR, Mon. Trie government has made a number of concessions and shown considerable restraint in its taxation policy, but the 1978 budget may still fall to stimulate the economy If the private sector failed to play its role. This is the view776 words
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500 1977-11-01 12 Reuter PEKING. Mon. Mr. Chla Shin, Deputy Director of the Canton trade fair, said China Is preparing more goods for export and promoting trade with other countries and regions, but some commodities might still fall short of demand. In an interview with theReuter - 500 words
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214 1977-11-01 12 THE leader of the Osaka port goodwill mission, Mr. S. Fujiyama, last night suggested three ways to foster closer cooperation between the ports of Singapore and Osaka. They are greater exchange of Information, more exchange of visits and speedier cargo movements between214 words
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Article92 1977-11-01 12 AFP TEMERLOH, Mon. A MS4OO million paper and rayon project a Joint venture with 25 per cent share participation by the Blrla group of India has been dropped because the Pahang state government could not provide the required land. According to Trade and Industry Minister DatukAFP - 92 words
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571 1977-11-01 12 AP TEL AVIV, Mon. Workers closed the national airline El A 1 and the nation's largest port for 24 hours today in protest against the government's economic change from socialism to capitalism. About 3,000 passengers were stranded at Ben-Ou-rlon international airport as 700 maintenance techniciansAP - 571 words
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198 1977-11-01 12 A DISPUTE between the Singapore Industrial Labour Organisation and Cycle and Carriage, over implementation of annual leave provisions, was resolved in chambers at the Industrial Arbitration Court yesterday. The two parties were called into chambers yesterday morning and the matter was settled soon after.198 words
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145 1977-11-01 12 UPI WELLINGTON, Mon. Prime Minister Robert Muldoon announced today the Soviet Union and South Korea will be Invited to send officials to negotiate fishing boat access to New Zealand's 320-km offshore zone. Mr. Mouldoon said both countries could send negotiating teams In late November. TheUPI - 145 words
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397 1977-11-01 12 AP WASHINGTON, Mon. President Carter is considering proposals to expand by 50 to 100 per cent the government programme to help companies, workers and communities hurt by foreign competition. Administration officials said yesterday the proposals would help American firms compete with imports, butAP - 397 words
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Article142 1977-11-01 12 AFP KUALA LUMPUR, Mon. The Malaysian Timber Industry Board has warned that timber exporters who "played dirty" would run the risk of having their licences frozen. The board said that spotchecks by timber Inspectors at both the mills and jetties revealed that some graded timberAFP - 142 words
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Article38 1977-11-01 12 AP CLEVELAND, Mon. Charles Stebblns, district director of the US Department of Commerce here, says he will lead a mission to Japan on Nov 7 to promote business opportunities for the computer software industry. APAP - 38 words
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Advertisement160 1977-11-01 12 THIO CHAN BEE EXTRAORDINARY ADVENTURES OF AN ORDINARY MAN -jj. a 3 JkWSh 9 r//f QIVEB FRESH INSIGHT INTO MALAYAN A SINGAPORE HISTORY (1946) RECONCILIATION OF LEADERS ON BOTH SIDEB OF THE CAUSEWAY TRADE UNIONISM A MANAGEMENT NEW APPROACH IN EDUCATION FOR TEACHERS, STUDENTS AND PARENTS THE JAPANESE OCCUPATION. This160 words
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