The Business Times, 9 January 1978
1978-01-09
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section11 1978-01-09 1 BUSINESS TIMES M.C.(P) No. 218/1/78 MONDAY, JANUARY 9, 1978 SO CENTS11 words
-
BRIEFLY...
-
Article74 1978-01-09 1 UPI TOKYO, Sun US trade negotiator Alan Wolff expressed hope upon arrival in Tokyo today the current US-Japanese trade difficulties would be solved in bilateral negotiations this week. He flew in this afternoon to lay the groundwork for crucial talks between President Carter's special trade representative Robert StraussUPI - 74 words
-
Article35 1978-01-09 1 AFP MANILA, Sun. Agriculture experts and officials from nine Asian nations opened a five-day subregional seminar outside Manila today to discuss findings by the Asian Development Bank's second Asian agricultural survey. AFP.AFP - 35 words
-
Article42 1978-01-09 1 AP SEOUL, Sun South Korea plans to buy crude oil from South-east Asia and Latin America, especially Indonesia and Venezuela, to diversify its oil sources, now confined to West Asia,said Mr. Chang Yie-joon, n«Jw Minister of Energy and Resources. AP.AP - 42 words
-
Article61 1978-01-09 1 AFP JAKARTA, Sun. Parliament Member Amin Iskandar said today the Indonesian government's attitude df awaiting Malaysia's final stance regarding overflight rights for the Concorde was "natural and reflects the spirit of Asean cooperation." But he said it would be better yet if Indonesia could draft its ownAFP - 61 words
-
Article59 1978-01-09 1 Reuter PORT MORESBY, Sun. The Papua New Guinea government today announced a 4 per cent revaluation of the nation's currency. Finance Minister Barry Holloway said in a statement the new middle rate for the kina was to be AS 1.2030 (553.18) compared with 1.1565 on Nov 15, whenReuter - 59 words
-
Article28 1978-01-09 1 Reuter AMMAN, Sun. Seventeen firms from India, Greece, France and Britain have been blacklisted by Arab countries for dealing with Israel, it was announced here. Reuter.Reuter - 28 words
-
Article45 1978-01-09 1 AFP TOKYO, Sun. Japan's first pilot uranium enrichment plant will be completed by the end of fiscal 1981 in western Japan at an estimated cost of 50 billion yen (roughly Ss4B9 million), says the government Power -Reactor and Nuclei PaO Development Corporation. AFP.AFP - 45 words
-
Article72 1978-01-09 1 Reuter NEW DELHI, Sun. Former Prime Minister Indira Gandhi is due to make her first appearance before a commission of inquiry investigating alleged excesses under her emergency rule here tomorrow. She faces the prospect of Intensive public questioning about her role. Mrs. Gandhi has been summoned to appearReuter - 72 words
-
Article62 1978-01-09 1 UPI HONGKONG, Sun China's state revenue last year set a new record, up 60 per cent over the financial department's budget made out in the beginning of the year. New China News Agency (NCNA) said today the increase in revenue "marked a historic turn for the better afterUPI - 62 words
-
Article62 1978-01-09 1 Reuter MOSCOW, Sun. Japanese Foreign Minister Sunao Sonoda arrived today for talks with Soviet Leaders during which he aims to press his country's claim to a string of Soviet-held north Pacific islands. He was met at Moscow airport by his Soviet colleague, Mr. Andrei Gromyko, who will beReuter - 62 words
-
Article44 1978-01-09 1 Reuter KUALA TRENGGANU, Sun. Trengganu plans to build a petroleum supply base complex with a loan of Ms2s million. The Federal government was expected to consider soon Trengganu's loan request to build the complex scheduled to begin operations in early 1980. Reuter.Reuter - 44 words
-
-
Article118 1978-01-09 1 TTOE following list of stock* gives the 10 most traded 5 e Stock Exchange of Singapore last week. It gives the turnover in thousands of units, closing prices on Friday and the high and low for 1977 Company High Low 000 Jan 8 1977/ 1978 Sigma Metal118 words
-
LOCAL STOCK INDICES
-
Article83 1978-01-09 1 1 Ju* J*b3 Jan 4 JaaS Jul V ?X Ir !f^ X i closed 498.98 495.86 495 77 405 10 Industrials: closed 283.45 282.73 282 79 2Elan g Finance cloaed 428.90 428 82 Sa» jS 55 Hotels: closed 171.98 1TO85 m w rniS I P«>f*rUes: closed 184.00 183!46 18383 words
-
Article80 1978-01-09 1 Ju 2 <Jsa3 Jan 4 Jul Jut ft BT Index: closed Ml.12 658.03 656.88 655.10 293.97 293.63 Industrials: closed 294.91 294.29 9 Finance Hotels closed 368.12 369.47 368.64 367.03 closed 184.52 184.44 184.44 184.44 155.65 155.83 154.64 154.41 362.25 362 42 Properties: closed 196.04 155.83 t Tins: closed 154.8180 words
-
-
Article942 1978-01-09 1 SOH TIANG KENG - MORE ACTIVE MARKET FORECAST »y SOH TIANG KENG MODERNISATION, efficiency and sophistication these are the three objectives of the Stock Exchange of Singapore's next fiveyear development plan for Singapore's securities industry. Broking and finanolal circles feel this second plan, starting this year, will lead to942 words
-
Article587 1978-01-09 1 "THE editor of Business Times has praised the Exchange for it* efforts general* ly, although sprinkled with criticisms. As often said by him, he wants to be a watchdog. I am quite sure that with proper grooming and the passage of time, Business Times could587 words
-
Article511 1978-01-09 1 RONNIE LIM - ■y RONNIE LIM THERE arc more Chan 4,800 permanently disabled persona in Singapore within the working age group, with only about 13 per cent fortunate enough to be gainfully employed. The total number of all disabled Is 10,800 but this is only the511 words
-
Article107 1978-01-09 1 THE Labour Ministry has appointed five director* to the newly-formed Singapore Labour Foundation for a period of three years. They are Minister of State for Finance, Mr. Ooh Chok Tone; NTUC secretary general, Mr. Deran Nalr; NTUC president, Mr. Phey Yew Kok; the Comptroller of Income Tax, Mr.107 words
-
328 1978-01-09 1 AFP A LONDON-based sugar broker mm a further expansion in "unwanted and unsaleable supplies" of sugar this year. Czarnikow, in its annual review writes: "It is understandable, therefore, that one should look forward to the forthcoming year with some misgivings, even thoughAFP - 328 words
-
432 1978-01-09 1 JOHN LIM - •y JOHN LIM EDIBLE Products, one of the largest vegetable oil producers and exporters here, will double its capacity on completion of Its S3 million plant expansion. The company's spokesman said at present, the factory's output does not fully meet demand. Exports of vegetable432 words
-
Article105 1978-01-09 1 MALAYSIA will no longer issue lteaaeartor Mm import of China-made goods from third countries. Sabah State Director of Trade and Industry Yusuf Mat Rejab told the Labuan Chamber of Commerce that although It was the government's policy not to allow purchase of China-made goods from commission ggents,105 words
-
Page 1 Advertisements
-
Advertisement19 1978-01-09 1 r Ricoh j for plain paper copying VWWy Private Limited raponsibU company 9Mi Floor Hong Loong Bolldtng Slngaporo 1.19 words
-
Advertisement136 1978-01-09 1 Vj A The Autumn issue of the ASEAN Business Quarterly includes a 5-page analysis of ASEAN's urea projects and finds these to be less than viable (12 tables) a 15-page analysis of the impending world energy crisis and the lihely economic effects on ASEAN countries including new patterns of ABEAN136 words
-
Advertisement80 1978-01-09 1 SEE BACK PAGE CmL 8 ,Nj>l U k k a i A FOREIGN Features: Urgency of work safety in UK 2 UNSTABLE 9 upsets commodity trading 4 AHAB newcomer intensifies 3«rd rivalry 5 REVIEWB and Culture Diary I ONE M*a'i Week: AntkouyTeo at SGV-Goh Taa 7 MARKET Reviews City nrrfsrs80 words
-
Advertisement133 1978-01-09 1 11 *11 w 11 S2 ">Ar JAL FLIGHT 712 THE TOKYO EXPRESS 3f NEW YORK VANCOUVER ffvy :v" I I ?n 4> jI m»v Jyh IMcaiu FRANOSCO^ 1 wANGELES| I HONOLULU ISWGAPORE MEXICO CITY Only on JAL can you non-stop to Tokyo, then make convenient connections to U.S. and Canada.133 words
-
-
Article, Illustration927 1978-01-09 2 DAVID CHURCHILL - Building contractors in Singapore are currently sizing up the requirements of a new Labour Ministry law which tightens up on industrial safety and complaining quite a bit about it too, despite the fact that with over 4,000 industrial accidents in 1976, and an average ofFT - 927 words
-
Article, Illustration734 1978-01-09 2 NYT NEW YORK: Business Is booming in art auctions this season, according to reports made public In New York and London. Although the September to December sales period represents only four months of New York's 10-month season. It usually produces half the sales volume forNYT - 734 words
-
Article813 1978-01-09 2 FT LONDON.' Staying in hotels in big American cities Is seldom much fun any more. The large hotel chains have stamped their personalities so remorselessly on their properties that a sleepy traveller in the early morning hours may be forgiven for mistaking his room InFT - 813 words
-
Article162 1978-01-09 2 COURSES AND TALKS DATES TITLE LOCATION ORGANISER Jan 4-23 Managing Conflict in Thong Teck Bldg. SIM Industrial Relations 7, 14 &21 The Effective Secretary Thong Teck Bldg. SIM 9-30 Industrial Application YMCA NPB 9-16 of Operational Amplifiers Palmer Road NPB Managers and Hotel Royal NPB Information Ramada 9/1Systems162 words
-
Article, Illustration732 1978-01-09 2 T.B. PERAMUNETILLAKE - By T.B. PERAMUNETILLAKE FT COLOMBO When Indian Prime Minister Mr. Morajl Desal met President Jimmy Carter In New Delhi this month the talks probably covered the elimination of big power rivalry in the Indian Ocean. Concern in the littoral states stems from the historicalFT - 732 words
-
Page 2 Advertisements
-
Advertisement162 1978-01-09 2 > j A Special Invitation To An Exclusive Exhibition Sale of Chinese Oriental Antiques Works of Art by SHANG ANTIQUARIUM 7th January 15th January 1978 10 am to 9pm Carlton Hall, Goodwood Park Hotel Scotts Road, Singapore 9. P Tang Horse with Lady, authenticated with Certificate from Japan, worth 170,000.162 words
-
-
Page 2 Miscellaneous
-
Miscellaneous626 1978-01-09 2 THE TWO-IN-ONE CROSSWORD U One Individual of many (3) 12 Capsize a lighter (5) 13 One bringing a breath of fresh air to the cinema? (4-3) 15 Use blades on blades (3) 16 It's grey as some hair (3) 18 A doll monetary system (6) (8) 20 One In the626 words
-
-
OVERSEAS
-
600 1978-01-09 3 Reuter UPI THE rlae in the federal Reserve discount rate announced after foreign exchange markets closed for the weekend will have little Impact on the dollar, bankers and foreign exchange dealers said In New York. The Federal Reserve Board said two district banks, NewReuter; UPI - 600 words
-
Article576 1978-01-09 3 NYT THREE major US banks Marine Midland Bank of New York and Fidelity Bank In Philadelphia have also raised their prime rates after Citibank, the nation's second largest, Jacked up its rate from 7% per cent to 8 per cent last Friday. Citibank's move wasNYT - 576 words
-
314 1978-01-09 3 FT MAJOR Industrialised countries need to check their energy consumption now If an economic disaster Is to be avoided within 10 to 15 years, says a report In Lloyd Bank Review. Present evidence Indicated that users would face at least a tight oil supply position,FT - 314 words
-
WORLD IN BRIEF
-
Article442 1978-01-09 3 Agencies US Federal Reserve Board chairman Arthur Burns has said he will not remain on the board as a governor when his term as chairman expires on Jan 31. Dr. Burns, who Is entitled to this privilege for six more years, was not reappointed as chairmanAgencies - 442 words
-
-
Article106 1978-01-09 3 Reuter NARROWLY defined money supply M-l in US raw US$4OO million (8*36 million) in the wirt ending Doc 28 to a Muoultr adjusted $335.7 billion. For the latest four weeks, M-l avenged $335 billion, an increase of 5.6 per cent over the latest 13-weekReuter - 106 words
-
230 1978-01-09 3 Reuter THE EEC hopes to resume commercial production of castor seed in the community by introducing a system of price support and aid for seed producers. EEC officials said the programme Is envisaged for an experimental five-year period beglnlng next Oct. EEC production willReuter - 230 words
-
423 1978-01-09 3 Reuter US commercial and in dustrlal loans outstanding rose US$BB million (***** million) to 8125.66 billion in the week ended Dec 28. The Federal Reserve Board said this was $8.23 billion hither than the comparable week a year r er Loan sales were 83.26 billionReuter - 423 words
-
-
Page 3 Advertisements
-
Advertisement265 1978-01-09 3 1 x: •Si' 1^ vV y V- m W2• «4t r* w i ml* 5-vnr r- <:- HI r-r-r m ff £7*3 CAfc *V> 1M HI 5*3 -i rr>'* «r *r gel n ta^k: i? J-* *v *^2 M Mi >V- M i?* «c x? JZI-T >- AI rV?? ♦At265 words
-
-
RAW MATERIALS
-
Article263 1978-01-09 4 TERMINAL rubber In London closed around the day's lows with on balance losses of mostly 0.20 to 0.55 pence per kilo last Friday. Turnover totalled 280 lots of 15 tonnes including four kerbs and three lots of five tonnes. Dealers said the afternoon market was featured by263 words
-
Article142 1978-01-09 4 THE Straits tin price In Penang on Saturday fell Ms 4 to $1,688 on an official offering up 18 tonnes from Friday's 210 tonnes to 228 tonnes. In LONDON on Friday, tin on the day fell by £160 for cash and £135 for three months In both contracts.142 words
-
Article323 1978-01-09 4 CHINESE PRODUCE EXCHANGE, SINGAPORE NOON CLOSING PRICES PER PICL'L ON SATURDAY. Coconut Oil: Bulk $85 tellers, old drum $90 lellers. new drum $95 sellers. Copra: Mixed (loose) UK/Cont $58 Pepper: Muntok AST A white f.o.b. 100% NLW $445 sellers. Sarawak white f o b. 90% NLW $422 V,323 words
-
Article65 1978-01-09 4 C.I.F. US dollars per ton LONDON: Friday Previous Malaysia 5% ffa bulk March Sumatra 5% ffa Jan Feb March April May Nigeria 5% ffa bulk ROTTERDAM: Sumatra Jan Zaire (Belg francs per kUo) 495 sir 520 sir 517.S0 sir 502.50 sir 445 sir unch unq unch unq 50765 words
-
Article263 1978-01-09 4 COFFEE futures in London closed officially about steady on Friday, but £1 to £21 higher from Thursday's close. Volume totalled 1,941 lots including 30 options and around 250 lots of cross trades. Pre-weekend profittaking pared a late afternoon rally which readily absorbed trade-house selling. March, after trading up to263 words
-
Article232 1978-01-09 4 SUGAR futures In London closed £1.20 to £0.65 per tonne lower last Friday. Turnover totalled 1,508 lots, Including 30 options. Values opened steady reflecting comparative stability of the sterling!US dollar exchange rate and Chinese buying Interest. Market reports said China recently bought two cargoes of raws with an option232 words
-
Article127 1978-01-09 4 WHEAT futures in Chicago closed US 3-1/2 to 2-1/4 cents a bushel higher last Friday, finishing just below the day's highs. Prices ranged to either side of the previous close, affected by the tones in soybean futures. Commercial buying and gains in soybeans stimulated support after early easiness developed127 words
-
Article124 1978-01-09 4 SOYBEAN futures In Chicago were USIK cent a bushel higher to 2\ cents lower at the close last Friday. Prices ranged to either side of Thursday's close during the session, receiving support from firmness in meal futures, but weakened by declines in oil futures. Late professional buying contributed some124 words
-
Article711 1978-01-09 4 RETAIL prices per tael quoted by the Singapore Chinese Gold and Silver Merchants Association are $470 for 90 per cent gold, $500 for 22k gold and $530 for 24k gold. In LONDON on Friday, gold firmed in moderately active trading to close at U*****.50/170.00, over $3 higher than Thursday's711 words
-
Article180 1978-01-09 4 COPPER wire bars on the day declined by £6.50 for cash and £7 for three months In London last Friday. During the afternoon, values failed to sustain the morning's partial recovery as end-week liquidation and commission house selling was prompted by uncertainty over the currency situation. Three months finished180 words
-
Article136 1978-01-09 4 SILVER on the LME fell by mostly 1.7 pence per troy ounce last Friday. The relatively steady opening at New York gave the market some support during the early afternoon, but values soon gave ground under pre-weekend liquidation prompted by the steadiness in sterling against the US dollar. Three136 words
-
Article57 1978-01-09 4 LEAD on the day lost mostly £3 per tonne In London last Friday. The market moved irregularly lower throughout the day as selling prompted by steadier sterling against the US dollar was partly matched by short-covering. Nevertheless, by the end of the afternoon kerb, three months was trading at57 words
-
Article46 1978-01-09 4 ZINC closed with losses of £4 for cash and £3.50 for three months In London lost Friday. This market also came under selling pressure which reflected the advance in sterling against the US currency with the low of £288.50 paid during late afternoon kerb dealings.46 words
-
Article667 1978-01-09 4 COMMODITY trading is one of the sectors of the Singapore economy that Is adversely affected when there is uncertainty In major world currencies, especially the US dollar. This was the last week when fluctuations In the money market precluded many deals at the Singapore produce667 words
-
Article235 1978-01-09 4 TERMINAL cocoa In London last Friday tumbled sharply in late session mainly under near March liquidation, to close with losses from Thursday night of £49.50 to £27.50 per tonne. Turnover totalled 3,893 lots including three options and 1,238 lots self traded. Near March eased to £40 limit down basis235 words
-
Article203 1978-01-09 4 BANGKOK rice prices were quoted as follows on Satur(Prices in US dollars tonne rob baits Bangkok): WUu Wee: 100 pet lit clan 365,100 ?rt 2nd clan 350. 100 pet 3rd dan 345. pet 336. 10 pet 330. 15 pet 317, SO pet 314. 23 pet 313. 35 pet unq203 words
-
MONEY AND EXCHANGE$
-
Article219 1978-01-09 4 THE US dollar remained weak last week. It opened at 582.3290-00 level In the Singapore forex market after US leading indicators fell 0.2 per cent in November after an upward revised gain of 0.8 per cent in OctAb#r Dealers said lack of any determined US Federal Reserve support219 words
-
Article40 1978-01-09 4 7 7 y Citibank ;u 7 hsbc 7 7 7 Bank of Chin* Malayan Banking 7 7 Mitsui Bank 7 Bank N«|ari OCBC m?n IS T 7M IICR 7 Hum Manhattan 7 UMBC 7 DBS UOB T40 words
-
Article370 1978-01-09 4 THERE was some tightening the Interbank market last week arising from technical factors usually associated with this period of the year due to cash withdrawals and property tax payment. The interbank overnight funds firmed up from the 4 per cent level at the beginning of the week to around370 words
-
Article183 1978-01-09 4 Asian rates MODERATE activity was noted throughout last week. Nervousness was seen on Wednesday when rates touched unexpected high levels especially In short dates. ASIAN currency avaraac dapoaiu rata* for Um waafc ended Jan Htgfc u7dajx 1 nth 1 1I/M Il/l# 2 HUM 14/1# 3 mths 71/t 7 f mUa183 words
-
Article436 1978-01-09 4 THE first week of the new year has definitely been a dramatic and even historical one In the foreign exchange markets. Last week, the US dollar In Zurich took a further sharp beating In the first few days over a broad front, dropping to new all-time lows against the436 words
-
Article160 1978-01-09 4 THE US dollar closed weaker on balance In New York last Friday after a day of erratic, nervous trading which saw rates fluctuating fairly widely. The dollar was very erratic in the morning, opening weaker and then improving slightly as New York Federal Reserve Bank Intervened, primarily against160 words
-
Article106 1978-01-09 4 Euro rates EURODOLLAR deposit rates in London closed firmer last Friday following news that Citibank and Bank of New York bad both increased their primes to per cent from 7 3/4. Trading remained quiet. Periods rates were 1/16 or higher where changed after earlier steadiness and httie activity. qucftad on106 words
-
Article66 1978-01-09 4 THE interbank overflight rate last week opened at 4-3 1/2 per cent. The rate tightened towards midweek, but eased towards Friday to close at 3 1/2-3 per cent. However, terms rates firmed up by 1/4 per cent in the ones, and 1/8 per cent In the twos and66 words
-
Article200 1978-01-09 4 THE US dollar In London lost ground against leading currencies last Friday In moderately active end-week trading as operators were uncertain whether the US Federal Reserve was activating its newly affirmed policy of supporting the currency by intervention. It fell to UBs 1.9280/9330 against sterling at the close from200 words
-
Article49 1978-01-09 4 FOR the week ended Friday Jul 6 U»e ran«c of call rmUt received from Short Deposit* (If) Berhad Mt u follows: BANK rUWD 4% per cant to 5 per cent GENERAL FUND 6 1% par cent to 4* per cent. Movements of fund totalled 3400 m49 words
-
Article42 1978-01-09 4 FRANKFURT exchanges closing quoted on Jan 6 U8 2.1340/10 Can I MNVM Stc 4 000/073 Dfl KM/MX) s fr ioo ao/oo Lit 2 444/454 F fr 45 11/23 Ten O.NOA/SO Bfr con 8 440/450 Bfr fin 443/453 Nkr 40 00/41 0642 words
-
-
-
Page 4 Advertisements
-
Advertisement387 1978-01-09 4 Be* from Penguin beujowP 1976 Nobel Prize Winner T 1976 Nobel Prize Winner is at his best again in his latest book X 7 To Jerusalem and Back'. As with his recent best-seller 'Humboldt's Gift', Bellow's brilliant images emerge at frequent intervals like sunshine through fog, witty, clever, radiantly imaginative387 words
-
Advertisement83 1978-01-09 4 It isn't a 'go-go', it isn't a din, I It's small and it'* cosy and always alive' With' people discerning, JV who know what is best I When eating and drinking are put to the test. There isn't an orchestra, you will not find An alley for bowling or 183 words
-
-
TRANSPORT
-
Article, Illustration419 1978-01-09 5 GOH ENG KEE - i r GOH ENG KEE SEA-LAND Service Inc., a leading US container shipping line, will start Its planned liner service between the Far East and West Asia later this month. The New Jersey-based company, which has been running full container services from the US and419 words
-
Article450 1978-01-09 5 TERESA LIM - •y TERESA LIM KEPPEL Shipyard's shipbuilding and repairing subsidiary in the Philippines will be fully operational by April, but it does not spell the end of the Keppei Group's expansion activities for the time being. This despite the fact that the shipyard's profits are likely to450 words
-
Article, Illustration884 1978-01-09 5 RAHIM KASSIM - »r RAHIM KASSIM BHIPREPAIR yards In Singapore which are already racing stiff competition from Japan, Hongkong and South Korea, now have to face a new rival The Arab (ASRY) ICllTlg YwdLocal repairers have adopted a 'wait and see' attitude. It will be some time before884 words
-
Article, Illustration130 1978-01-09 5 H® New Zealand Ship (HMNZS) 'Monowai' (above), the moot up--to-dato survey ship in the world, will visit Singapore during the period January 10 14. She will berth at the Naval Basin Sets bewang, 9 am on Tueoday, Jan. 10. 'Monowai' is currently on her maiden voyage130 words
-
Article, Illustration386 1978-01-09 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Baodl (HOYS) (1100 subject freeboard) 27/28 Bunga Orkld (D/L UTM/L) (1500 after Toyofujl Maru Must head west for UTM/L) 33/34 Cherry Vllja (B. Barge) (after Ocean Supply sails) Fujlharu (Tanker J API P/O) (after Stolt Integrity subject gas free) 15/16 FuJihoshl Maru (Tanker386 words
-
Article195 1978-01-09 5 AP LONDON: North American grain rates continued to show symptoms of weakness on Friday when the "UNAS" accepted USM (FIO) for a 47,000t0n January-February US Qulf shipment to Holland or Belgium. Previous business of that size was a few davs ago when a prompt loader achieved $7.AP - 195 words
-
Article201 1978-01-09 5 UPI THE Philippine Civil Aeronautics Board on Saturday cut by 43 per cent the plane fare between the US east coast and Manila In a move designed to Improve tourist travel to the Philippines. In a special meeting, the board approved applications by Philippine Airlines, PanUPI - 201 words
-
133 1978-01-09 5 Reuter PREMIER Chiang Chlngkuo has Instructed the Ministries of Economic Affairs and Communications to take prompt action to resolve Taiwan's shipping disputes with the Arab world. The premier expressed pave concern after being briefed by Economics Ministers Y.S. Sun and Communications Minister Lin Chln-shenReuter - 133 words
-
Article735 1978-01-09 5 ARRIVALS Sarvlce Local Operator Number Time Proa CPA CX003 0145 HKQ MAS MH601 0715 KUL SAS SK097 0750 CPH/KHI/BKK MAS MH682 0810 KCH SLA 8Q101 0615 KUL MAS MH621 0635 PEN MAS MH607 0845 KUL i MAS MH671 0945 PEN/KUL OIA GA980 1030 HLP CPA CX710 1035735 words
-
-
Page 5 Advertisements
-
Advertisement335 1978-01-09 5 SINTAT Rent-a-Car SINGAPORE A i R POR 1 TEL *****5 CITY TEL *****55 See us for vour local or onward reservations IT TX r y Kiwi from Penguin S IN PENGUINS Yukio Minima firmly upheld the traditions of Japan's imperial past, which he be,n 9J ,ow i V eroded by335 words
-
-
REVIEWS
-
Article, Illustration843 1978-01-09 6 APN MOSCOW'S FIRST Jass concert was somewhere at the end of 1922. Some people accepted the new style holus-bolus, others argued against It or rejected it outlight. But Jan music did find fans who closely followed its development, even though a lot more foundAPN - 843 words
-
254 1978-01-09 6 THE MINISTRY of Culture has announced a very varied programme of cultural activities for the month of January, with a pleasing emphasis on Singapore's fast dwindling architectural heritage Jan 19 will see the opening of weeklong art exhibition with the theme "Singapore's Historical Buildings", at254 words
-
Article, Illustration675 1978-01-09 6 ILSA SHARP - By ILSA SHARP AT A ROUGH GUESS. "The Last Remake of I>eau Geste" now showing at the Jade Cinema runs at about 60 Jokes an hour. That does not necessarily make this spoof of British comic Marty Feldman's funny, nor a success. To be fair, it675 words
-
348 1978-01-09 6 THE SINGAPORE Film Bodety has drawn up a tentative 1978 programme, with Its usual attractive mixture of offbeat "high art" cinema, lnc -jdlng imported foreign film which would otherwise be Impossible to see on the box-orfjce orientated Singapore cinema circuit, and lighter348 words
-
Article54 1978-01-09 6 THE HILTON Hotel regularly ilpwt films at its Poolside area, oa Sundays at 8.15pm, with bo cover charge. The line-up for this JAN 15, CAMELOT, with Richard Harris and Vanessa Redgrave; JAN 22, OMEGA MAN. with Charlton Heston and Anthony Zerfae; JAN 29. KLUTE, with Jane54 words
-
806 1978-01-09 6 JOHN RODERICK - h JOHN RODERICK AP TOKYO: When asked what he would like people to think of him after he dies, Herbert Von Karajan replies simply: "That I come back." The conductor of the Berlin philharmonic orchestra is not Joking. Nor Is he In aAP - 806 words
-
Article, Illustration1569 1978-01-09 7 ANTHONY TEO - •y ANTHONY TEO MONDAY: Happy New Tear. It's a public holiday. But In the consulting profession, one lives by the client's urgency a preNew Tear Eve assignment calls for our assistance to develop a scheme. An Interim report Is due tomorrow, Tuesday, final report on Thursday. Almost1,569 words
-
Article, Illustration783 1978-01-09 7 MALAGA: Spain is discovering a great artist who was born in this southern coastal city on Oct 25, 1881. Some say he was the greatest painter of the twentieth century. His name was Pablo Ruiz Picasso. With the exception of Barcelona, where he reached a precocious783 words
-
840 1978-01-09 7 Singapore English and Standard English Exercises in Awinmm; William Jum Crewe, asby Linden Vargiah, 9tMi The English Language in Singapore William Jiaei Crewe (Editor) •15, $7.50; Eastern Universities Press Sdn. Bbd, Singapore, 1*77 Reviewed by Salma Khalik WHEN EDUCATED English speaking Singaporeans take840 words
-
Article984 1978-01-09 7 KSR ECONOMISTS and their Ilk have many ways of describing money supply and the current vogue Is to denominate It as Ml, M 2 or M 3 depending on whether or not you include overdrafts, bank deposits and sundry other items. But for mostKSR - 984 words
-
-
Page 6 Advertisements
-
Advertisement664 1978-01-09 6 7/ f i<. 2kT» mm*X:?&- 3*7. 585 Orchard Road, S'pore 9. Tel: *****2 406/407 Havelock Road, S'pore 2. Tel: *****1 Orcchid inn "an out* In th« ortant" 214 Duneern Road, B'pore 11. Tel: *****2 Ip^W'Cdyilfibl %H Oxley RW P«u>| Road, S'pore 9. Tel: *****1 SNGAPOREHUON Road, S'pore 9. Tel: *****3664 words
-
-
Page 6 Miscellaneous
-
Miscellaneous64 1978-01-09 6 ;WEAT HERj WEATHER outlook for Singapore from 6 a.m. to noon today: Isolated showers around midday. Report for 24 hours prior to 7.30 pa on Jan 8 at the airport. Maximum Temperature 2#.4°C Associated Humidity 85 Minimum Temperature 23.0* C Associated Humidity 99 Hours of Sunshine 0.0 Rainfdll in Millimetres64 words
-
Miscellaneous280 1978-01-09 6 TV RADIO _y SINGAPORE 5 3.00 PM Opening announcements followed by Vatar Pirai (Tamil* Repeat) 0 3.30 Diary Of Events (Tamil) 3.35 Afternoon Matinee Hush Hush, Sweet Charlotte (Pt. 1) Starring: Bette Davis, Olivia De Havilland, Joseph Cotten, Agnes Moorehead 4.45 Intermission 6.05 Opening announcements followed by Run Joe Run280 words
-
-
Page 7 Advertisements
-
Advertisement425 1978-01-09 7 ■■#>. mciijco polo lINCAPOKI Tang Lin Circus, S'pore 10. Tel: $***** BrtiNrie La Rotonde Speciality de Cafe Expect the unexpected! Dally specials that are as fresh as a new day. Today's special could be meat. Or seafood. Even hors d'oeuvres. But whatever It Is, It's fresh. And prepared as only425 words
-
-
Page 7 Miscellaneous
-
Miscellaneous55 1978-01-09 7 BriStoW:?VarJc Dickers I 4 •5 i a So DWUtsrrftc MPS Uu e>66ii TvC. fifctn p Tu)6M"rf-fi>e I) C i T«ce a ujcu. Be IU mAv<»H& Tornoiaaouj i U>«U.thp<T Give us "*\me manc A Gold u*mch i/AI prr-goea-ve roe TujeNTy-rive veprf?s IT'S SOOKTOMCM CZ f&CO&D 4 o>-^ fecxD io^Tch 1 (V»S55 words
-
-
MARKET REVIEWS
-
Article333 1978-01-09 8 TOKYO AFP TOKYO stock prices rose sharply in active trading in the year's first trading week amid renewed talk of a change in the yen's denomination. The closely watched Dow Indicator of 225 selected Issues on the Tokyo Stock Exchange (TSE) leaped 123.78 yen during the fourdayAFP - 333 words
-
Article960 1978-01-09 8 G. COLVERD - LONDON •y G. COLVERD THE decision of the U8 Administration to note that the decline In the dollar has gone far enough by operating a US$2O billion swap agreement with the W. German Central Bank is a landmark yet to be signposted. Last November's talks in960 words
-
314 1978-01-09 8 THE Bank of England lost its struggle to slow the slide in UK interest rates last Friday by being compelled lending rate by hill 1/2-0/$ to $>1/5-4/0. The move was farced on the Bank by tbe pressure of demand in the commercial314 words
-
Article1157 1978-01-09 8 GOH HIANG FONG - SINGAPORE •y GOH HIANG FONG TRADING on the Stock Exchange of Singapore for the year began on a slow note last week with prices heading generally lower due mainly to two bearish influences. One was the easy conditions on the Hongkong stock markets where selling pressure right from1,157 words
-
Article589 1978-01-09 8 THE first week of 1978 lumbered off to a dull start with featureless conditions ruling at the Kuala Lumpur Stock Exchange. After a last minute burst of buying enthusiasm last week, apparently Just for the sake of closing 1977 with some sort of flourish, the market, resuming on589 words
-
Article253 1978-01-09 8 TAKEOVER situation* provided the only spark or buying Interest In a generally weaker dose to trading on the Sydney exchange this week. After a firm start the market retreated on concern over the exchange rate with the fall in the U8 dollar prompting fears about the Australian Government's policy253 words
-
325 1978-01-09 8 AMI III j tilf ffllMT OTHERS Electrical and Allied Industries Is unable to give any interim results because operations at Its factory were baited owing to a fire In May 1977. Pabang Consolidated has sold its major shareholding in Faber Union Bdn325 words
-
Article1149 1978-01-09 8 On a steadier footing were Perils Plantation, up eight cents to $1.58 following Its Improved profit forecast and Malayan United Industries. up four cents to 11.55. Motor stocks were easier with the exception of Cycle and Carriage which put on six cents over the week to $2.88. Tan1,149 words
-
-
Page 8 Advertisements
-
Advertisement228 1978-01-09 8 7/(A I m I I t ft m. •M 0 sal fc iX W @f<2 /w! V^Sj 23 V^ V &f>* ce •a *> :«V A well-read person is a well informed person. That's why he can always talk about any current event or join in on any conversation amongst228 words
-
-
INTERNATIONAL STOCK MARKETS
-
Article383 1978-01-09 9 it? A S*°* *.«53£ The ?a?. c^*d Tl 70, u P sjsaaa J"" Heavy m«li In gix to 140 they mkl. Resources, textiles and many 2£y r «ud" PrlC d *"»•*>"»> wWcSS JMI with Investor* discouraged gythe overnight filTonwSl Street, they said. Some redenomination-related tMuas also fell on profit383 words
-
Article202 1978-01-09 9 AMSTERDAM: Share prices closed mixed on Friday with Royal Dutch loelnc 2.90 guilders in weaker Dutch Internationals, dealers said. In the rest of the market, shippings rose with Vaa assr^nffinsss: Banks mostly fell while Insurances were generally higher. Industrial and trading shares closed marginally mixed. State loans firmed. JAN202 words
-
Article146 1978-01-09 9 BRUSSELS: Belgian share prices were mixed In quiet trading on Friday, bourse sources said. _»yrve._Befl«a, Cobepa. Eleetrobal, Gevaert and AdM while Hoboken, Clabecq, UCB, Teaaeaderloo, St Rock, Fiaoutramar, CBR and Tabacoftna fell. In foreign stocks, UK were higher, Dutch, US and French fell and Germans were little changed. Gold146 words
-
Article285 1978-01-09 9 FRANKFURT: Shares closed mixed on Friday after resistance built up to the early weakness stemming from profit-taking, bourse sources said. VW added 4.90 marks in active trading but Daimler and Mseeedee HeMiac dropped ud to 2.90. Steels gained at most two but banks, leading chemicals and electrlcals dipped while285 words
-
Article302 1978-01-09 9 PARIS: Shares fell on Friday, chiefly on technical factors and erased Thursday's gains, dealers said. aJWg.' constructions, fell 8.50, Paclaia was down 3.80 and Michalia also lost ground alone with weaker electrlcals. metals, chemicals and hotels. Foreign stocks were also lower except for Galda and Naatle which tended higher302 words
-
Article157 1978-01-09 9 MILAN: The market was mixed on Friday with lower turnover confirming Investor caution over the uncertain political situation. dealers said. Lapatit recovered slightly, reaching 13.430 in after-hours trading against 13.110 at the close. Ftamara, Ginari, C. Erfca Prafaraaca, Eridaaia, Cearit, Ita Icementi and Staada were lower. IMM Roan and157 words
-
Article393 1978-01-09 9 JOHANNESBURG: Oold share price* roae In line with the bullion price on Friday, with demand both on London and local account in sporadic dealings, market sources said Financial minings were mostly higher in line with producers. Elsewhere, Da Bern was 10 cents higher at Mo. in platinums Baaplat tost393 words
-
Article1423 1978-01-09 9 January 6 TRADING on the Chicago Board Options Exchange came to 142,492 contracts compared with 122,546 contracts on Thursday. OPTION J AN APL JLY STOCK Alcoa 40 3 41/4 5 5/8 43 Alcoa SO UNTRD 7/18 NOL 43 Alcoa 60 UNTRD UNTRD NOL 43 Am Tel 551,423 words
-
Article249 1978-01-09 9 ZURICH: Price* were narrowly mixed on Friday with sentiment more cautious after the decline of Wall street and a slightly lower dollar, dealers said. r to Swer Hektnwatt I a Industrials. Ilnwii ntStTSi f* 1 "wS^endi h tiding Dollar stocks, German and Dw«h Shan, fanerally fell apart h £«*>249 words
-
Article296 1978-01-09 9 TORONTO: The session closed sharply lower in active trading on Friday. The Composite Index was off over 15 points and all major indices but real estate and golds posted losses. Winners led losers by more than a three-to-one margin. The oil sector dropped almost 30 points as senior Issues296 words
-
Article1217 1978-01-09 9 aivMit X SJ A PP reh «n«»on about higher interest rates at home ana a lower dollar abroad sent prices sharply lower on Friday for the fourth straight session, as the D-J Industrial average plunged through the 800 level In heavy trading The fact that the Dow slid1,217 words
-
Article63 1978-01-09 9 financial times industrials Friday 497.3 Thursday 4»4.S Week Ago 485.4 DOW JONE8 AVERAGE industrials Frld *y 793.49 Thursday 804.92 Week Ago 831.17 LONDON DOLLAR PREMIUM Friday 58* to 89 Thursday 70* to TO* H.K. HANG SENG Frw »y 394.82 Thursday 392.59 Week Ago 404.02 ALL ORDINARIES Friday 473.94 Thursday63 words
-
-
Page 9 Advertisements
-
Advertisement256 1978-01-09 9 W. mm *-> > ■i The three bask needs and the three parts of Britannia) 3 1. To ««t at the facts often a tingle fact easily and Quick hr. without heving to raad a Jang article in which that fact it embedded. Thit need it tarvad by the 10-volume256 words
-
-
Article2508 1978-01-09 10 Z (Ms Year Bgk Lew j UK •ale '4-er-Ofs Dfrr Dfr* Cw Cfs P/E Y*M Vel (•666) Dv HiCk Lew i 8ECTION ONE INDUSTRIALS 154 204 11* 246 M* 206 160 267 422 146 171 246 635 136 384 236 106 406 304 142 too 144 4802,508 words
-
COMPANY NEWS
-
Article, Illustration124 1978-01-09 10 THE Inchcape Malaysia group has announced the appointment of three general managers as directors of their respective motor companies. They are: Mr Urn Kheng Hong, 45, director and general manager of Borneo Motors (M), who has been with the group for more than 21 years; Lt. Col.124 words
-
Article433 1978-01-09 10 STEVEN TAN - •y STEVEN TAN THE Pacific Development Credit and Central Securities link-up has been formally forged cloeer with PDC's acquisition this week of a controlling stake in their common management company, PDC management, formerly known as Central-Match, a wholly owned subsidiary of Central Securities. PDC holds around433 words
-
366 1978-01-09 10 LOWER rubber production combined with a marginal rise in production coats has resulted in a 13.1 per cent drop in pre-tax profit at Ayer Hitam Planting to M 5211,706 for the first six months ended Sept 30, 1977. The latest results are disheartening when366 words
-
Article332 1978-01-09 10 Current pay—I Em Date Date Payable Total fbr the year v Total for previous year Bousteadco S pore Ltd Cold Storage Hldgs FIjN 2.5%I 7%I(lc) 6*1 Dec 23 Dec 30 Dec 30 Jan 9 Jan 18 Jan 16 2.5% 7%I(I) 0% 7.5% 16.4%(a) 18% Klllinghall Jack Chla-MPH Kullm332 words
-
-
INTERNATIONAL COMPANY NEWS
-
Article247 1978-01-09 10 NORTH AMERICAN COMPANIES Reuter LONDON: A strike by body plant press shop workers at the Ford Motors Co's Halewood plant scheduled for today could lead to a progressive Shutdown of the body and assembly plants by the end of next week, a Ford spokesmanReuter - 247 words
-
Article152 1978-01-09 10 ARMOO steel Corp expects 1977 fourth quarter earnings to surpass the USS3I.7J million or g1.91 a share earned In the 1977 third quarter, chairman William Verity told analysts here. In the 1976 fourth quarter. Armco earned •21-91 million or *1 cents a share. For the first nine months152 words
-
175 1978-01-09 10 UPI KRAMER Motors Inc. of Santa Monica has filed an anti-trust suit in federal court afalnst three corporations that manufacture British cars. The suit filed on Friday against British Leyland, British Leyland International and British Leyland Motor Corp. alleged they were involved inUPI - 175 words
-
Article157 1978-01-09 10 ASIAN COMPANIES AFP THE major Japanese chemical firm Chlsso Corp. is seeking government financial support in order to pay heavy compensation to Minamata mercury poisoning victims. International Trade and Industry Minister Toshlo Komoto, speaking to newsmen, suggested possible government support for the company burdened with Heavy compensation,AFP - 157 words
-
Article181 1978-01-09 10 EUROPEAN COMPANIES Reuter LUXEMBOURG banking commissioner Pierre Jaans said rumour* that German banks In the Grand Duchy have made losses due to currency unrest lack substance. and be therefore declined further comment. Speaking br telephone from Luxembourg, Mr. Jaans said the commission is well awareReuter - 181 words
-
Article91 1978-01-09 10 NIPPON Kokan K.K. has reached basic agreement with the Brazilian state steel corp., CSN, to provide consultative services In the expansion project of Its Volta Redonda works near Rio de Janeiro, jt company spokesman said. The new project calls for repairing two blast furnances, construction of91 words
-
Article93 1978-01-09 10 BWIBBAIR (Schweisertsche Luftverkehr Ag) will float a 70 million franc four Keent 10 vear loan at .50 per cent from Jan IS to 10, Credit Suisse said as issuing consortium leadsr. million francs of this loan is new money while the remaining so million francs will93 words
-
-
Page 10 Advertisements
-
Advertisement195 1978-01-09 10 IBJ The Bank far All Reasons Long-Term Financing. IBJ is Japan's oldest and largest long-term credit bank. We are the leading bank in arranging yen-denominated bond flotations by both foreign and domestic issuers. Main Bank to Japan's Key Industries. IBJ is main bank to more of Japan's industrial leaders than195 words
-
-
MONDAY SPORTS
-
Article, Illustration1414 1978-01-09 11 NYT NEW YORK: More than five million Americans will take to the slopes this winter, and for more than a quarter-million their freespirited adventure in the snow will end with a painful Injury. For those who must heal In a cast for months, theNYT - 1,414 words
-
Article, Illustration734 1978-01-09 11 Agencies NEW YORK. Sun. Bjjrn Borg of Sweden continued to maintain his dominance over Guilermo Vilas yesterday, beaming the Argentinian, 6-3, 8-3, to advance to the final of the US$4OO,OOO Grand Prix Masters tennis tournament here. Borg, seeking his first Masters championship, will meet Jimmy Connors whoAgencies - 734 words
-
518 1978-01-09 11 NYT BEUNOS AIRES: Fewer than one in five of the tickets for the World Cup soccer tournament offered for sale In Argentina have been sold and the controversy already surrounding the event is likely to make it one of the most politicallyNYT - 518 words
-
613 1978-01-09 11 NYT NEW YORK: If you thought auto racing was big in the United States in 1977 when major events attracted almost seven million fans and paid out mors than US$l3 million in prize money you haven't seen anything yet. That's the consensus of theNYT - 613 words
-
Article544 1978-01-09 11 ERNEST FRIDA - •r ERNEST FRIDA JURONO Country Club opened their campaign for the Singapore Golf Association Premier league title with a superb eight strokes win over Sembawang Golf Club at Sembawang yesterday. Jurong players adopted well to the wet conditions of the course and fully deserved their544 words
-
-
Page 11 Advertisements
-
Advertisement394 1978-01-09 11 A Major New Talent in Penguins Paul Theroux Paul Theroux, an American now living in London, has been acclaimed as one of today's major writers compared with Graham Greene and Joseph Conrad. The Great Railway Bazaar, his latest in Penguins is the true story of Vheroux's railway odyssey from London394 words
-
-
1035 1978-01-09 12 JOHN TAN - By JOHN TAN A LEADING Japanese economist criticised Western companies for being discouraged from entering the Japanese market by myths and cliches. These companies should instead mount a frontal assault to penetrate the market, he says. Mr. Masaya Mlyoshl, director of the International1,035 words
-
Article122 1978-01-09 12 Reuter MAJOR Japanese firms will buy US$3BO million (SsB9o million) worth of Taiwanese products this year to help narrow the widening trade gap between Taiwan and Japan. The Central News Agency, said this was decided by Japanese businessmen at a meeting In Taipeh inReuter - 122 words
-
Article, Illustration565 1978-01-09 12 Agencies THE leader of Japan's steel Industry has called for voluntary restraints on steel exports to the US. Mr. Yoshlhiro Inayama. president of the Japan Iron and Steel Exporters' Association and board chairman of Nippon Steel Corp. made the call at a news conference In Tokyo onAgencies - 565 words
-
Article122 1978-01-09 12 THE Board of Commissioners of Currency will be Belling a coin set comprising six new coins in denominations of one cent, S cents, 10 cents, 20 cents, 50 cents and $1 from today. The coins will be sold at the Victoria Theatre, Empress122 words
-
Article96 1978-01-09 12 THE Singapore Handicraft Centre will organise two weeks of anniversary celebrations from Jan 13 24 to commemorate Its first anniversary, beginning with "Singapore Night" on Friday. Singapore Night will be followed by Indian Night on Saturday, Japanese Night on Jan 15. Philippine Night on Jan96 words
-
269 1978-01-09 12 UPI Reuter BRITAIN on Saturday offered India fertilisers worth £30 million (8*132 million) for development of Its rural economy. The offer was made by British Prime Minister James Callaghan at his meetings with Indian Prime Minister Morarjl Desal In New Delhi. Mr. Desal accepted theUPI; Reuter - 269 words
-
Article172 1978-01-09 12 Reuter PRESIDENT Suharto was not implying in his budget speech to Parliament that Indonesian oil export prices were not expected to rise in the next 14 months or so. Interpretations were to this effect. Mr. Suharto had said projected government income for fiscal 1978/79 would haveReuter - 172 words
-
Article240 1978-01-09 12 PROM PAGE ONE and demerits and the exchange authorities should have foreseen this. Also, If they wish the press to act responsibly and cooperatively, then they should treat newspapermen with a little more understanding. Business Times began last Wednesday discreetly to ask questions about the CTS. Those240 words
-
Page 12 Advertisements
-
Advertisement47 1978-01-09 12 TODAY Lunch at OKOH OF GINZA (Rattles Quay i *4 N s Fantastic Teppan Yciki Steaks! One and on! y Roba'a-Yaki counter in town; Come Ge f i' l S) f v Q *-f i t OKOH OF GINZA Jnpor->ese Restaurant Hong Leong Bidg RcjHie* Qoa y47 words
-
Advertisement1039 1978-01-09 12 China (fade... a US$2O billion goldmine Here's how you can tap it In a series of bold moves, China's new leadership has embarked on an ambitious economic development program aimed at accomplishing the modernization of the country's industry, agriculture, technology and national defence. According to senior officials interviewed in Peking,1,039 words
-