The Business Times, 4 February 1978
1978-02-04
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section11 1978-02-04 1 BUSINESS TIMES M.C.(P) No. 218/1/78 SATURDAY, FEBRUARY 4, 1978 50 CENTS11 words
-
BRIEFLY...
-
Article67 1978-02-04 1 AFP. BRUSSELS, Frl. Japan should be asked by the gSC to revalue the yen, some of Its members lleve, an Informed source said today. The question will probably be raised here on Tuesday when the nine foreign ministers study a memorandum on ways of pressurising JapanAFP. - 67 words
-
Article71 1978-02-04 1 Reuter. HONGKONG, Frl. The Hongkong Forex Club said It will host the first Asian Foreign Exchange and Money Dealers Congress here from April 6 8, this year. Some 300 delegates and observers from about 15 countries, mainly In Asia and the Middle East are expected to attend.Reuter. - 71 words
-
Article72 1978-02-04 1 AFP. LONDON, Frl. One third of British senior executives have refused promotion because the pay Increase would be taken away by taxes, an opinion poll showed. Only 23 per cent of higher executives have been able to "make ends meet" financially in the past three years without dippingAFP. - 72 words
-
Article37 1978-02-04 1 Reuter. NUREMBERG, Frl. Unemployment in West Germany rose in January to 1.21 million, 5.4 per cpnt of the labour force, from 1.09 million, or 4.8 per cent in December, the Federal Labour Office said. Reuter.Reuter. - 37 words
-
Article68 1978-02-04 1 AP. BONN, Frl. West German Chancellor Helmut Schmidt re-organised his Cabinet today In the wake of spying and wiretapping scandals In the Defence Ministry. Finance Minister Hans Apel was named Defence Minister to succeed Georg Leber, who resigned. Research Minister Hans Matthoeffer moves over to succeed Mr.AP. - 68 words
-
Article47 1978-02-04 1 Reuter. LONDON, Frl. The Bank of England is expected to announce next month a new council to oversee the London securities markets, said informed sources. Proposals on the form of the council will be put to the investment community within the next few days. Reuter.Reuter. - 47 words
-
Article63 1978-02-04 1 AFP. LONDON, Frl. a forward market In Interest rates may be set up here said lan McOaw, manager of the International Commodity Clearing House. With interest rates unstable Internationally, the market would allow the financial community to obtain forward protection against major fluctuations. The idea was only InAFP. - 63 words
-
Article92 1978-02-04 1 UPI NEW YORK, Frl. Weakness In blue-chip Issues acted as a drag on the market during the first hour of trading today. While the economic news background was bright, traders and Investors apparently were disturbed by the US$7OO million (511.6 billion) rise in the money supply reported byUPI - 92 words
-
-
Chief Price Changes
-
Article121 1978-02-04 1 Rites Most active GE Life 850 >40 Sigma Metal 300,000 F. Merlin 295 000 Pahang Con. *****0 S. Darby 198,000 8*vnui M Tobacco ttmmn 130 800 240 190 150 15 10 +7 +8 +8 UN Keck Seng Home M Total Turnover: $2.80 M Total Value: >5.00 M121 words
-
Article, Illustration183 1978-02-04 1 Rim Mast active Jardlne SEA 1.97 +.13 Supreme Oorp 317.000 L Perak 1.85 .07 a nay a 290,000 Sovran 1.90 .06 P. Merlin 208,000 B. Ray a l.M .06 API 180.000 M. Box(S) 2.41 .08 Total Turnover: 2.87 M EssoOrd 2.52 .08 Total Value: M14 02 m183 words
-
-
955 1978-02-04 1 JOHN TAN - JOBS AND A SECURE FUTURE By JOHN TAN THE TEXTILE Industry here Is Jubilant that Singapore has managed to conclude a four-year trade agreement with the US which provides for a substantial annual growth rate for three of the four years. This pact will give955 words
-
Article577 1978-02-04 1 ARTHUR NG - »y ARTHUR NG MALAYAN Banking, the country's biggest commercial bank, yesterday posted sharply higher earnings for the first half of its current financial year. Group attributable earnings for the six months to end-1977 soared by 40 per cent to MSI 1.34 million while loans made shot up577 words
-
476 1978-02-04 1 CONSTRUCTION work has begun on the redevelopment of the Times House site and the first phase is due for completion In June this year. In tils annual statement to shareholders of Times Publishing, chairman Mr. C.C. Tan said that a substantial portion of the476 words
-
308 1978-02-04 1 CHAN BONG SOO - •y CHAN BONG SOO THE Slock, Exchange of Singapore acted with commendable speed yesterday to put an ead to the disorderly market condition* surrounding recent dealings in Supreme Corporation (SC). The SEB has written to the company demanding to know roaaena308 words
-
431 1978-02-04 1 NYT. TOKYO, the largest city in the non-communist world, is on the brink of bankruptcy and a financial takeover by the central government may be Imminent. In negotiations reminiscent of New York City's recent fiscal crises, city and central government officials have started discussions onNYT. - 431 words
-
Article149 1978-02-04 1 UPI. THE JAPAN Chamber of Commerce and Industry wants to form a Joint committee with business groups in Asean countries to facilitate private level economic cooperation. Industry sources said the chamber has already sent an Industry leader to Thailand to sound out the business community there aboutUPI. - 149 words
-
Page 1 Advertisements
-
Advertisement20 1978-02-04 1 the perfect secretary.. 2W wide 10ox.wL works 24 hours a day «d never grumbles Soto AgantDONMr, *******8/*****3 SEE PAGE 320 words
-
Advertisement87 1978-02-04 1 Braun Synchron Plus Braun's Synchron Plus. For the man who must have a closer, smoother, faster shave than any other shaving system can give. The exclusive features of this shaver include: Tissue-thin super-flexible electro-formed nickel foil. Has unique pattern of cutting holes and slots. Platiwm-coated to give you a smoother87 words
-
Advertisement76 1978-02-04 1 fmm MODEL pollution level* la HARCROS (anwri SI per cent Singapore 2 to Md war 11 SOMETHING deliciput Is VENEER Products to acquire cooking to April Z 11 S n* I DO'* aid dn'U far bustoeea to fingertip 12 Year of the Bene HUDC «Bm Padr Ri» terrace THE Hone76 words
-
Advertisement139 1978-02-04 1 [:?^<;(~$({+|;_~)_>_.<\&|'*`$%- 4S£ar«at'sintss quarter. w 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 likely economic effects on ASEAN countries including new patterns139 words
-
-
TRADE AND INDUSTRY
-
638 1978-02-04 2 PETER CHIA - «y PETER CHIA AIR POLLUTION In Singapore has generally beei> falling over the last few years. According to the Antipollution Unit, there has been a slight drop in acidity levels In all areas during the fourth quarter last year compared with the third quarter. There638 words
-
Article72 1978-02-04 2 THE number of public telephones in Singapore will be Increased to 9,000 by the end of March. The number of deferred subscribers has been reduced to 2,650 at the end of last year from 30,000 In March 1976. New applicants remained steady at 6,000 a month, while72 words
-
Article46 1978-02-04 2 SENIOR Minister of State for National Development, Dr. Tan Eng Liang, will open a one-day seminar "Middle Management in Action" on Feb. 18 at the Holiday Inn. The seminar Is organised by the Diploma in Management Studies Alumni and Is for members only.46 words
-
Article522 1978-02-04 2 AFP TEXTILE manufacturers in Taiwan severely criticised drastic quota cuts by the EEC in Taiwan's exports, "in spite of the fact that most of our textile machines were imported from the EEC countries." The manufacturers were recently told that the EEC was working onAFP - 522 words
-
Article, Illustration666 1978-02-04 2 SALMA KHALIK - h SALMA KHALIK THIB April, gourmets In Singapore will be able to taste the cooking of one of the world's foremost chefs. UTA French Airlines and Hotel Marco Polo will be bringing in Mr. Jean Vettard, director, sole proprietor and premier chef of666 words
-
Article175 1978-02-04 2 MR. OEORDE WATERS, president or American Express Travel and executive vice-president of American Express Company, will visit Singapore during the course of an Asla/Paclric regional tour. Mr. Waters, who Joined the company in 1961, was largely responsible for Introducing the highly sophisticated operating procedures and175 words
-
229 1978-02-04 2 AFP .HITACHI, a major Japanese general electric and electronic machinery maker, will be able to export three large-scale computers to China next month as the United States, an Influential member of the Coordinating Committee for Export ControKCocom ),has consented to the shipment. TheAFP - 229 words
-
Article98 1978-02-04 2 AVIQUIPO Incorporated of New Jersey has set up a regional supply office in Singapore. Its official opening will coincide with the avionics and aviation support equipment exhibition, Avlex "78, to be held at the United States International Marketing Center from Feb 20 to 24. Aviquipo98 words
-
156 1978-02-04 2 Reuter THE Anglo-French Supersonic Concorde, originally scheduled to fly to Australia at the end of last year, Is now unlikely to ply the kangaroo route between London and Melbourne for "some years". Australia's Minister for transport, Peter Nixon said yesterday on his returnReuter - 156 words
-
Article228 1978-02-04 2 COURSES AND TALKS DATES TITLE LOCATION ORGANISER Feb 4 11 Telephone Techniques and Courtesies SIM Conference Room SIM 6&7 Marketing Strategy for Top Executives SIM Conference Room SIM 6 15 Material Store Accounting and Control Hotel Royal Ramada 6 n f LCA Module 11: Basic Industrial Pneumatics NPB228 words
-
-
Page 2 Advertisements
-
Advertisement287 1978-02-04 2 The Business Times of Malaysia and Development Bankof Malaysia Asean-West Asia Investment Conference Kuala Lumpur, Malaysia, 940 March 1978 Asean resources and manpower, West Asian finance and the technology and expertise of the industrialised countries can be harnessed for mutual benefit. The Asean-West Asia Investment Conference in Kuala Lumpur will287 words
-
-
Page 2 Miscellaneous
-
Miscellaneous622 1978-02-04 2 THE TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 4 Illness two women have (6) 7 Treat Poe In a musical fashion 8 He sounds a bit giddy 10 Oroups of strikers (5) 13 Its tall may go to one's head (4) 14 Wearable alternative to the shoe? (4) 15 Plenty of luggage622 words
-
-
OVERSEAS
-
Article, Illustration722 1978-02-04 3 Reuter UK Treasury officials said they see little chance of unemployment falling below one million or 4 per cent over the next three or four years. Pressed by Members of Parliament m a select committee meeting on public expenditure, the officials said 3.5Reuter - 722 words
-
163 1978-02-04 3 Reuter. VENEZUELA plans to tap the International capital markets for around US$9OO million (552.08 billion) this year In addition to the $1.2 billion Euroloan Just finalised. The timing and nature of the borrowing will depend on the progress of investment programmes nowReuter. - 163 words
-
Article88 1978-02-04 3 Disorderly gold THE ending of the world central bankers' agreement In January not to increase. monetary stocks of gold may lead to substantially higher prices and perhaps "disorderly markets." Mr. Guy Field, a prominent London bullion dealer, said on Thursday at a seminar organised In London by Chart Analysts Limited,88 words
-
335 1978-02-04 3 AFP PERSISTENT reports that the Soviet Union has been buying sugar on the world market 300,000 to 350,000 tonnes have eSnVV?* buted to a certain In market prices. Bigger-than-normal sales of white (refined) sugar by the European Economic Community over recent weeks has TedAFP - 335 words
-
333 1978-02-04 3 Reuter. THE INDUSTRIALISED world's reserves rose to 139.43 billion special drawing rights (US$l65 billion) last December from 137.03 billion SDR In November According to statistics published by the International Monetary Fund In Washington yesterday, West German reserves Increased to 32.74 billion SDR in DecemberReuter. - 333 words
-
192 1978-02-04 3 Reuter. THE House of Representatives put off action on the bill authorising American participation In the IMF's Witteveen facility probably until Tuesday. The postponement may have been caused by a combination of scheduling problems with other bills. House banking committee sources said. TheReuter. - 192 words
-
WORLD IN BRIEF
-
Article579 1978-02-04 3 Agencies. IMPORTS by the Industrialised world rose to US$6l.3 billion (8$ 141 billion) In November from $00.56 billion In October, the IMF's International financial statistics show. U8 Imports fell slightly to $12.57 billion In November from $12.02 billion In October. THE Association of EEC Banks bdiewAgencies. - 579 words
-
-
216 1978-02-04 3 AP US Treasury Secretary Michael Blumenthal Is prepared to express to West Germany's Economic Minister the deep dissatisfaction of the United States over West Germany's reluctance to set higher growth targets. The West Germans fell far short of their 1977 growth targets andAP - 216 words
-
Article, Illustration1185 1978-02-04 3 STRONG ECONOMY LATER THIS YEAR Reuter. US TREASURY Secretary Michael Blumenthal said he doubted Interest rates would rise substantially this year. Testifying before the Benate budget committee about the President's budget and anticipated deficit of US$BO billion (about SBl4O billion), Mr. Blumenthal said, "There isReuter. - 1,185 words
-
546 1978-02-04 3 Washington Star. WHILE the US Senate energy conferees are searching for a compromise on natural gas pricing. Finance Committee chairman Russell Long has devised a new scheme to try to rescue the crude oil tax, the other major remaining hurdle to President Carter'sWashington Star. - 546 words
-
Article100 1978-02-04 3 Reuter COOOA-produclng nations are making big efforts to step up output to meet demand and this was already beginning to show results. International Cocoa Organisation executive director Kwesl Hackman said at a three-day meeting in Berne of cocoa experts from some 20 export Ing and consumingReuter - 100 words
-
-
Page 3 Advertisements
-
Advertisement102 1978-02-04 3 MR. BUSINESSMAN: Is Business slow? Need more customers? Selective buyers consult the Yellow Pages. Many businesses have found Yellow Peges to be their best (and least costly) salesmen. HAVE YOU FINALISED YOUR ADVERTISEMENT? EARLY HANDLING/COMPLETION OF YOUR BOOKING ENSURES MAXIMUM ATTENTION TO YOUR ADVERTISEMENTS BY PRODUCTION DEPARTMENT. ERRORS UNFORTUNATELY DO102 words
-
Advertisement155 1978-02-04 3 11 This unique publication offers businessmen each month a comprehensive guide tp the latest developments that have taken place in all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six seporote reports of about 8,000 words each. There is a dual155 words
-
-
RAW MATERIALS
-
Article304 1978-02-04 4 OPENING values In Singapore yesterday were marked down followfng lower London advices and thereafter held steady on small pre-hollday covering and up-country buying, but eased again towards the morning close. The afternoon session was quietly steady on upcountry buying and shortcovering. The market is now304 words
-
Article331 1978-02-04 4 Prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f o b 201.00 201 50N 201.50 202 OON Int. 1 R.S.S. February 201 00 201 50 201 50 202.00 Int. 1 R.S.S. March 200.75 201 00 201.25331 words
-
Article102 1978-02-04 4 NOON SSR and SMR prices yesterday. HAS Fafcrnary (Current Mtfc) Bu>eri Seller* IcraU per M) Muck (Forward Mth) Buyer* Seller* (ceaU per k() SSR 20 SSR 50 (1-ton pallet) (1-ton pallet) 192 50 190 50 194.50N 192.50N 193.50 191.50 195 SON 193.SON MKELB SMR5CV SMR 5L SMR102 words
-
Article30 1978-02-04 4 Rubber: Feb 3 Singapore: February 201.50 cents (down 0.75 cents) Malaysia: February 204.00 cents (down 0.75 cents) Tin: $1,701 (up $13) Official offering: 325 tonnes (up 80 tonnes)30 words
-
Article388 1978-02-04 4 PRICES of all grades of pepper declined fractionally in a quiet and barely steady Singapore produce market yesterday. According to the Singapore Chinese Produce Exchange, the top grade Muntok ABTA white fob was Suoted at >442.50 per plcul, own $2.50. All the other peppers fell by a similar388 words
-
455 1978-02-04 4 AFTER the previous week's mixed but overall easier performance, rubber prices during the week ended Feb 2 rebounded some five cents Into the approach of, and perhaps as a good omen to, the Year of the Horse. The steadiness was sparked off by455 words
-
Article201 1978-02-04 4 THE BTRATTB tin price In Penan* yesterday rose MSI3 to $1,701 per plcul, on an official offering up sharply by 80 tonnes to 325 tonnes. The rise In turnover was due to miners clearing off the tin concentrates before the Chinese New Year celebrations. dealers said. Despite lower201 words
-
Article105 1978-02-04 4 ROBUSTA futures closed the morning In London yesterday steady, £13 up to £10 down from Thursday night. Volume totalled 831 lots Including 18 options. The market met good two-way trading particularly from trade houses involved In hedging transactions following the weakness of the French frant and the ability to105 words
-
Article131 1978-02-04 4 TERMINAL cocoa In London yesterday opened £0.50 to £4 higher against New York and continued to move up In subsequent trading on dealer shortcovering, chart and currency based support. Sentiment was affected by lower sterling In the morning and fairly good recent trade off-take partly Continental of resale physicals,131 words
-
Article133 1978-02-04 4 TERMINAL sugar in London yesterday opened £0.40 to £0.70 up and turnover totalled 397 lots. Values rallied slightly initially from Thursday's lower levels on trade buying and short-covering. There was no fresh news and the sources felt that easier sterling, against the dollar aided the rally. On Thursday, futures133 words
-
Article118 1978-02-04 4 THE SUGAR market yesterday closed slightly easier In quiet trading with losses ranging from 0.02 to 0.00 US cents. The Hongkong dally sr>ot sugar price fell 0.15 to 8.80 US cents. Sunr future* cloAnf prteca: hiilw ChMiaf CWwiM Mch 9 30/38 41/43 Hli 9 72/74 81/83 JH 0.78/85118 words
-
Article99 1978-02-04 4 BANGKOK rice prices were again unquoted yesterday, with only maize quoted unchanged at USIII4/115 sellers. Latest prices are as follows:(US dollar* per tonne fob. basis Bangkoki Whit* rio: I*o Oct Ist class 370 100 rrt 2nd class 359.100 pet 3rd class 350. pet 341. 10 pet 323. 1} pet99 words
-
Article73 1978-02-04 4 THE MALAYSIAN Minister of Finance ha* fixed these rates for the period from Feb 2 until further notice: ■akbar: 202 23 ccnti a pound Cora: MW1147 I ton. Piba all: Pate kurwi: M 5239 03 a ton The rates of duties payable are: S3 1/8 cent* a pound,73 words
-
Article41 1978-02-04 4 SOYBEAN futures closed higher and around the day's highs, with new crop Months leadlngthe advance In Chicago on Thursday. Soybean meal futures closed higher, showing the greatest strength In new crop Months as they followed the pattern In soybean prices.41 words
-
Article30 1978-02-04 4 WHEAT futures reflected the advance In soybean futures as they closed one to 2* cents a bushel higher and finished Just below the session's highs In Chicago on Thursday.30 words
-
Article251 1978-02-04 4 COPPER wlrebars in London yesterday rose by £5 for cash and £4.50 for Three Months in the morning. Early market Impetus stemmed from short-cover-ing prompted by the higher New York close, expectations of a sizeable drop In this week's warehouse stocks and easier sterling against the US dollar, dealers251 words
-
Article143 1978-02-04 4 SILVER finished the morning in London yesterday with gains of 1.6 pence all round. Values were marked higher reflecting the rise in gold and weakness of sterling against the U8 dollar, dealers said. But trading Interest was extremely light and carries formed virtually all the turnover of 49 lots.143 words
-
Article70 1978-02-04 4 C.I F. US dollari per ton LONDON Thureda> Previous Malaysia 5% (fa bulk April 503 air 495 air Sumatra S* ffa 555 air 550 air Feb March 540 air 535 air April 525 dr 512.50 sir May 520 sir 507 50 June/ July unch 475/477 50 pd Nigeria70 words
-
Article352 1978-02-04 4 THE KILOBAR in Singapore yesterday opened at a low of B*IS,IT. The market fluctuated In a range of 8161.00 and cloeed at 8913.1747 In the London market, the metal opened at U*****.95/174.25 and ra4lled to a high of U*****.90/175.20 before easing off to close at U*****.70/175.00. The London morning352 words
-
Article67 1978-02-04 4 ZINC closed the morning ring In London yesterday with gains of mostly £3.50. The market was quiet but small-scale short-covering boosted Three Months to £257 per tonne in the ring although the advance was pared on the kerb under profit-taking. Sales were only 700 tonnes. On Thursday, zinc (ell67 words
-
Article61 1978-02-04 4 LEAD finished the morning In London yesterday with gains of £5.75 for cash and £5.50 for Three Months. Values recouped some of the recent losses on covering prompted by the trend in copper and some weekend book-squaring. Three Month was traded up to £320 on the premarket. Sales totalled61 words
-
MONEY AND EXCHANGE$
-
Article424 1978-02-04 4 THE FOREIGN exchange market was generally quiet yesterday, with most of the activity concentrated In the afternoon when London made its entry into the market. Sterling opened at 1.9490/1.9500 against the US dollar and stayed there till after lunch when It fell steadily, moving to 1.9334/45 at closing424 words
-
Article50 1978-02-04 4 ACBC J fHikaak Bangkok Bank 7 HSRT 1 Bank of America 7 indoeua* 7* Bank of China 7 Malayan Banking 7 Bank of Tokyo 7 Mitaui Bank Bank Nagara OCBC CS 7'<i OUB Chartered Bank 7',, (JCB 7H CkaM Manhatun 7 UMBC 7 DBS 7H LOB 750 words
-
Article164 1978-02-04 4 Asian rates ASIAN currency deposit Interbank rates a* at clow on Feb 9: US Mia Offer r» (Spat) BM 7 dajn 13/16 611/16 1 nth n/a 7 2 mths 77/J6 7 3/16 3 mth» 77/16 73/16 mths .73/4 7 3/8 tmtlu .77/1 71/4 12 ratlu 715/16 7 13/16 8w. Fr».164 words
-
Article45 1978-02-04 4 RANOE of prices offered by discount hoOses on I"eb 3 Overnifhi J*** Call deposit: a*H Closing Buyin« MU>| 3-Month Treasury Nits 1/4 31/t 3-Month Bank Mils 4 7/8 4 3/4 3-Month CD 51/» 9 6-Month CD 5 A/16 511/1* Source: National Discount Co Ltd.45 words
-
Article167 1978-02-04 4 Euro rates SHORTDATE Eurodollar deposit rates In London yesterday eased as funds continued on offer In llauld conditions though trading was thin. Day-to-day funds had overnight point lower from the opening at 2-1/2. 2-7/1# per cent while Mon/Tues and Tues/Wed eased to 0-13/16, 6-11/10 per cent from 6-15/10, 6-13/16 per167 words
-
Article61 1978-02-04 4 RESULTS of tender held on Feb 3 for 91-Day and 182Day bill*: 11 -Day Ml* to br lauad 1M-Dfty Milt from F>bt lolMMMMd to ret> 10 oo Ptb M oo.ooo.ooo 173 ;0C OOC >10.000.000 •04.7M.M0 dS: n.n< ooc lojio ooo A oooao aooroxlmiUly K..KM <nk, nifhci bid*61 words
-
Article195 1978-02-04 4 PRESSURE on the French franc increased in early trading here yesterday with the rate moving quickly to around 4.8750/8800 to the dollar from 4.8550/8800 at the opening and 4.8350/8450 overnight. Dealings were generally thin, however, with small franc sales sufficient to push the rate lower in a nervous and195 words
-
Article102 1978-02-04 4 THE DOLLAR closed on Thursday slightly weaker on balance although the French franc closed lower amid concern about a leftwing victory In the upcoming French elections. The franc closed at 20.66/70 us cents, around Its closing level In Europe but well below Its 20 90/95 overnight level. The102 words
-
Article66 1978-02-04 4 THE DOLLAR for overnight delivery yesterday closed higher at 241.90 yen, up from a 241.70 opening and 241.85 at Thursday's close. Trading was quiet with volume US$221 million, dealers said. The dollar" for Immediate delivery closed at 241.70, unchanged from the opening but down from 241.73 at Thursday's close.66 words
-
Article111 1978-02-04 4 THE US dollar turned slightly firmer towards the close in slow trading yesterday. It firmed to 2.1105/15 marks from 2.1095/1110 in New York and to 241.70/80 yen from 241.55/75. Sterling held steady at 1.9485/95 while the Hongkong dollar weakened marginally to 4.6125/45 against the US unit. The French franc111 words
-
Article377 1978-02-04 4 STERLING denominated Eurobonds lost up to 1/4 point where changed with the easier trend of sterling on foreign exchange markets light trading, in London yesterday. Mark eurobonds held steady in moderate twoway trading. US and Canadian dollar bonds showed little change in light trading. British convertible Issues eased with377 words
-
Article56 1978-02-04 4 AUSTRALIA/NZ exchanges on Feb 2: AUSTRALIA US dollar 1 1381/1 1345 Sterling O SNMIS7OO Ntnety-day air mall buying rate* Sterling 0.5007 US dollar I .1W Ninety-day forward buying rates: Sterling 0.5920 US dollar 1 1339 NEW ZEALAND Sterling 0 5259/0 5231 US dollar 1027V***** Ninety-day airmail buying rate*: Sterling56 words
-
Article60 1978-02-04 4 ZURICH exchanges closing quotes on Feb 2: us i rrn-tm Stg 3.8567-9694 Can 1 7814-7827 D Mk *371 mm D n 87 6219-7244 P Pr 40.9804-41 0250 B Pr 0449-0907 D Kr 34 4059-4921 N Kr 30 4982-9198 Ut 0 2277-2279 8 Kr 42.4708-9011 Au* «ch 13 0919-0709 Port60 words
-
Article46 1978-02-04 4 FRANKFURT exchanges opening quote* on Feb 3: US 2 1005/1110 (2 108V95) Can 1.9900/90 8U 4.989.181 DPI S3 33/33 8 Pr 109 75/96 Ut 2.410/4 M P Pr 43 10/39 N Kr 41.00/10 B Pr (con) 9 442/452 Ber (fin) 9 45/49 Ten 0 9000/871046 words
-
-
-
Page 4 Advertisements
-
Advertisement398 1978-02-04 4 v S J I JlliliiL w Lws v**s 1•' -i ar 9* Utlu Ui ri L L»i W U THE GREAT BOOKS OF WESTTERN CIVILIZATION Sy \TO P These are the books that had to burn. For within the GREAT BOOKS are volumes that hold the ideas and thinking that398 words
-
-
TRANSPORT
-
288 1978-02-04 5 THE HALFDEN DltlevSimonsen shipping company, of Oslo which faces severe liquidity problems as a result of the shipping crisis, has reached an agreement with its three main creditors and averted the threat of bankruptcy. The company Is to stay In business for a further288 words
-
Article130 1978-02-04 5 AP CHINESE charterers were In the van on Thursday after being relatively quiet for the past few days. They paid US$ll (flo) both for a 30,000-tonne pig Iron shipment from Kwlnana to China and for a similar size wheat shipment from British Columbia to China In FebruaryAP - 130 words
-
Article222 1978-02-04 5 SHARJAH SHIPPING Is incorporated In the United Arab Emirates (UAE) State of Sharjah. It owns and operates four vessels on a regular liner service from Singapore to West Asian ports. This service has been in operation since 1974. All the ships sail under UAE flags. In response to222 words
-
Article, Illustration411 1978-02-04 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Barge LS 86 (P/0> (1400) 16 Buenos Aires Maru (2100) 46 Bunga Seroja (1800 must head West for UTM/L D/L) 33/34 Oerbera (Car carrier) (1100 after Sacramento Maru) 45 Golden Wonder (0600) 29/30 Kythera (1200 Bulk Meat) 6/7 Montana (1500) 3/4 Montes411 words
-
Article, Illustration737 1978-02-04 5 TERESA LIM - ORDER BOOKS RUNNING THIN By TERESA LIM I'US SHIPYARDS which have weathered the recession well so far may not be so lucky this year. For one thing their order books, built up in 1973, are finally running out. according to the Shipbuilders' Council of America.737 words
-
556 1978-02-04 5 Reuter THE chairman of the Civil Aeronautics Board (CAB) outlined In New York on Thursday sweeping changes being considered In regulations of US airlines that would Introduce new elements of price competition Into the Industry. Chairman Alfred Kahn told stock analysts that the CABReuter - 556 words
-
337 1978-02-04 5 Reuter. AMERICAN Airlines jumped Into the escalating air fare price war by announcing discounts of around 40 per cent on all Its 1,000 dally domestic flights. Subject to government approval, American Airlines said It would offer "super saver'' fares to all 52 citiesReuter. - 337 words
-
Article86 1978-02-04 5 Reuter JAPAN Is prepared to lend Thailand US$l2O million (***** million) to finance the building of a deep sea port. A consortium of Japanese firms led by Mitsui has made a proposal to the Thai government to build the port at Laem Chabang in theReuter - 86 words
-
Article75 1978-02-04 5 Reuter. CATHAY Pacific Airways said It purchased one Boeing 747 aircraft for delivery In July 1979, and has taken an option on two additional 747's for delivery In 1980/81. Value of the Initial order is HK1270 million (***** million) of the total order over $830 million. ManagingReuter. - 75 words
-
Article120 1978-02-04 5 AFP. JAPAN Air Lines (JAL) rejected a US Civil Aeronautics Board (CAB) order to reflle all Its transportation schedules and asked the Japanese government to settle the year-long aviation dispute between the two countries. The CAB last month Imposed the administrative nightmare on JALAFP. - 120 words
-
Article592 1978-02-04 5 ARRIVALS JCI rice Local Operator Number Time From CAL CI 333 0040 TPE/HKO/KUL TMA TL302B 0530 TPE MAS MH682 0810 KCH CAL CI814 1000 HLP GIA GA980 1030 HLP CPA CX710 1035 HLP THAI T0423 1035 BKK SIA SQ209 1045 HLP OIA GA944 1055 PKU OIA GA908592 words
-
Article149 1978-02-04 5 Reuter JAPAN Intends to Increase by 33 per cent the charges imposed on aircraft for navigational aids at Japanese international airports. The Transport Ministry said yesterday the fees would be increased by 11 per cent in April and 22 per cent in September, raising the charges forReuter - 149 words
-
-
Page 5 Advertisements
-
Advertisement131 1978-02-04 5 Don't let the language barrier stop vou from wider r V or contacts t I eW Si 1 lP> ri 0^ i xfl .Xe^ I 0 Jko° V \e^ YOU SIMPLY CANNOT FAIL WITH VISAPHONE. Use it at home, while travelling in fact anywhere and any time that suits you.131 words
-
-
Article438 1978-02-04 6 SINGAPORE'S Trade Department has pulled off a minor miracle by getting the US to allow an export growth of 8.25 per cent a year in textile goods, and the benefits will be more Jobs and greater investment In the textile industry over the next438 words
-
255 1978-02-04 6 THE FAR EAST Freight Conference's assurance that freight rates on the Far East/Europe trade for this year will remain steady must be like a breath of fresh air for local shippers. For the last few years they have suffered a seemingly unending series255 words
-
Article, Illustration1692 1978-02-04 6 COLIN CHEE - »y COLIN CHEE DOING BUSINESS with the Chinese In Singapore Is not as culturally closed a process as It used to be. but there are still pockets of ancient tradition and some acquaintance with Chinese customs and superstition Is sometimes advisable.1,692 words
-
Page 6 Advertisements
-
Advertisement714 1978-02-04 6 sinGdpura FORUM® HOTEL US Orchard Road, B'pore t. Tel: *****2 406/407 Havelock Road, S'pore 3. Tel: *****1 Experience the unique expression of T&nla Great Sound Big Show You'll love the dynamic and versatile Tanla For memorable yester hits and today's favourites. Only happens at the Pebble Bar Dally (except Sunday)714 words
-
-
Page 6 Miscellaneous
-
Miscellaneous62 1978-02-04 6 IWEAT.H ER WEATHER outlook for Singapore from 6 a.m. to noon today: Partly cloudy REPORT for 24 hours prior to 7.30 pm on February 3 at the airport. Maximum Temperature 30.8° C Associated Humidity 62 Minimum Temperature .....23.1°C Associated Humidity 96 Hours of Sunshine 9.15 Rainfall in Millimetres Nil Total62 words
-
Miscellaneous312 1978-02-04 6 TV RADIO SINGAPORE 5 1.00 P.M. Opening announcements followed by Sesame Street 0 2.00 Saturday Matinee Days of Wine and Roses 4.00 Soccer Malaysia Cup '78 (Singapore vs. Malaysian Armed Forces a 5.0Q Sandiwara 5.40 Little House on The Prairie Little Girl Lost 0 6.30 News in Brief 6.35 Romantic312 words
-
-
Article, Illustration981 1978-02-04 7 PEOPLE BORN la the Year of the Hone are usually wlee, talented and Independent, |mn a cheerful personality and an alert and well llknd by othen. Bat they also nave a tendency to talk smoothly and too much. They make friends easily' and are981 words
-
Article380 1978-02-04 7 FRANCIS DERON - «y FRANCIS DERON AFP IN A SOCIALIST Chrlstmas-Uke atmosphere Peking Is gearing Itself to celebrate the lunar new year, China's "spring festival," with enthusiasm unprecedented since the Cultural Revolution. In the last few days the Chinese capital has been caught up in a spree ofAFP - 380 words
-
Article, Illustration634 1978-02-04 7 FRIENDS of groundhogs In West Virginia, USA, are busy refuting a silly old wives' tale which holds that on Thursday Feb 3 sleepyeyed groundhogs were supposed to stumble from their dens If they saw their shadows, then the northern hemisphere is in for si* more weeks634 words
-
1258 1978-02-04 7 PAUL LEWIS - •y PAUL LEWIS NYT GENEVA: Last month, the world's trading nations gathered under leaden sues In this Swiss city, so long associated with international negotiations and accords. The alms were honourable, to negotiate a liberal trade policyNYT - 1,258 words
-
Page 7 Advertisements
-
Advertisement401 1978-02-04 7 RM9V9L mcliico polo ■•INGAPON K Tanglin Circus, S'pore 10. Tel: *****1 Marco Polo Restaurant Enjoy the art of wining and dining Marco Polo Restaurant Car valets in attendance HOTEL HOTEL ROYAL-RAMADA Newton Road, S'pore 11. Tel: *****1 We've got it all together Golden Mikado Cantonese Cuisine prepared with Just the401 words
-
-
Page 7 Miscellaneous
-
Miscellaneous48 1978-02-04 7 BriStdW'iPmniLDickensi ujeu. Sie— vrs 11 SitnPiN go doujn to thc csurweß or p\ o-Mte I ckossodpos .tocn left, ***> woetH fcvfefcy sTeP Roe THC toowoeßFoL S»uxmrri lt 4G TU«OOG»VA Tw€.Tbu>l Ce.KTBe V-»TU tug. mptttr o» Vckjr. I RGHI, oow*4 "T«e. HILL I flfViT Tne GflftPNftri Site yp>NO fnege sou >48 words
-
-
INTERNATIONAL STOCKS MARKETS
-
Article347 1978-02-04 8 HONOKONO: The stock market closed firmer yesterday on technical buying interest, in quiet trading, dealers said. JwUm Mathesoa rose 30 to 12.00, HaagHteg Buk 20 to 17.30 and Hi|twi| Ltsd 10 to 6.70. Hutchison Wfcampoa gained five to 3 575 and Whaoloch Marten 2.5 to 2.20, while Swire Pacific347 words
-
Article478 1978-02-04 8 TOKYO: Share prices closed mixed to slightly lower yesterday. dealers said The Dow Jones average fell 6.34 to close at 5,119.0 with volume of 330 million shares. The New exchange index closed at 383.11, up 0.02 Some blue chips and export orientated electricals and vehicles rose, while steels, textiles478 words
-
Article335 1978-02-04 8 BYDNEY: Industrials were steady to selectively firmer while other roae slightly yesterday. dealers said. BHP closed unchanged at 5 28 ahead of Interim results while Bank of Now South Wales rose four to 5.14 and CBC gained five to 1.87 on improved first half results. Other banks were unsteady335 words
-
Article131 1978-02-04 8 MANILA: The stock market closed mixed yesterday with oils averages advancing slightly while minings and commercials declined, dealers said Turnover fell to 918.492 from Thursday's 1.88 million In mining. Atlas, Philex and Lopaato declined as metal prices abroad declined further, dealers said FEB n Pesos AcoJe Mining Atlas Con131 words
-
Article150 1978-02-04 8 FEB Bahu AMa Fibre 293 unch Bangkok Bulk 397 uncti Bangkok Invert. 424 ■4 Bangkok-Metro-politan Bank Bata •45 Unch Berlt Jucker MS -4 Carpet Intnl 444 -3 Charoong Thai Wire 432 28 Dumex Ouslt Than) 389 -25 Faber Merlin First Truit 1071 -4 Oenera Finance 459 +5 Indo-Thal Industrial150 words
-
Article286 1978-02-04 8 AMSTERDAM: Share prices closed generally firmer In quiet trading, following Wall Street's higher overnight trend on Thursday. Hoogovans lost 0.40 guilders in otherwise firmer Dutch internationals. XTailovsr ana Voyal Dutch were 0.90 and one guilder higher respectively. FEB «Z ru Ahold 102 20 0 2 Akxo 22 40 +04286 words
-
Article64 1978-02-04 8 FINANCIAL TIMES INDUSTRIALS Thursday 400.3 Wednesday «M t week Ago 475.8 DOW JONB AVERAGE INDUSTRIALS Thursday 779.38 Wednesday 774.94 Week Ago 763 94 LONDON DOLLAR PREMIUM Thursday 78* to 77* Wednesday .73* to 74 HJL HANG SENG Thursday 406.88 Wednesday 404.04 Week Ago 402 27 SYDNEY INDUSTRIALS Thursday 408.5264 words
-
Article89 1978-02-04 8 BRUSBELB: Belgian share price* were mixed In moderate trading, on Thursday. Cobep*. EleetreM. HalHtl-kakN, M*w Arted rose, while Oaheeg. A ok, SocOm. TmiaJwlco, Si Reck and C—etr« fell ss. Astur 380 426 -8 ♦20 I# iincii HraJcan Br u-Lamb inch Cock DtBccn Eb« 815C Electrobel Ob-Inno-Bin Or» Hobok Pelro89 words
-
Article253 1978-02-04 8 FRANKFURT: The market on Thursday extended Wednesday's gains in lively business on both domestic and foreign buying orders. Engineering made slseable gains, with BBC firming 4.50 In well traded electrlcals and secondaries were up at most 3.40 (RWE). Stores were firmer and motors well maintained. FEB 02 Dm Aef-TeleJunken253 words
-
Article327 1978-02-04 8 PARIS. The market on Thursday moved sharply lower, with little buying Interest reflecting the slide of the franc and political uncertainty as the March elections approach. All sectors fell although trading was fairly calm. Losses were particularly evident among banks, electrlcals. metals and otls. FEB «2 Fr» CORBEILLE Alr-UquKk327 words
-
Article278 1978-02-04 8 TORONTO: Share prices closed higher on Thursday In the heaviest trading since Jan A. The composite Index was up about hair a point and advances outpaced declines 203 to 185. The oil and gas index eased slightly as oil issues, which were sharply higher after disclosure of discoveries in278 words
-
Article1129 1978-02-04 8 NEW YORK: Strength In transportation issues and takeover situations stirred enough buying Interest in Wall Street on Thursday to help the stock market score a modest advance In busy trading. Also helping the market, analysts said, were strong January sales reported by most US major retail chains. Some1,129 words
-
Article1588 1978-02-04 8 February 2 TRADING on the Chicago Board Options Exchange came to 92,374 contracts on Thursday compared with 84,764 on Friday. OPTION APL JLY OCT STOCK Alcoa 40 1 V4 2 1/8 3 1/2 36 7/8 Alcoa 45 5/16 1 1 6/16 36 7/8 Alcoa SO UNTRD NOL1,588 words
-
Article150 1978-02-04 8 MILAN: Stocks showed widespread gains In slightly more actlve trading on Thursday, almost entirely wiping out Wednesday's losses Snia Viscota was sharply higher while Amie and Montcdisoo gained marginally. Banks and telecommunications firmed, as did Fiat, Pirelli Spa and both Olivettia. General* Imniobiliare weakened against the trend. Bonds were150 words
-
Article345 1978-02-04 8 JOHANNESBURG: Oolds were fn««y easier on Thursday in light trade following lower bullion indications. Financial minings were quietly steady, other metals and minerals were lower on balance In slack trading. Industrials were mixed to easier in dull trading. FEB n Rand INDUSTRIALS A Alpha Abercom AE And CI AMIC345 words
-
Article260 1978-02-04 8 ZURICH: The market firmed in active turnover supported by heavy foreign and institutional demand on Thursday. Chemicals were In demand with Ciba-Geigy and Suda actively higher. Nestle and Ahituitse followed the overall trend. Domestic and foreign bonds were slightly Irregular in lively trading. Dollar stocks were neglected with a260 words
-
-
Page 8 Advertisements
-
Advertisement351 1978-02-04 8 FEDERAL PUBLICATIONS I i < i m >Ss i w\ bn t#"Bk rrr i F •f s TV s v ft < V 7 X V > a step-by-step guide An easy to understand yet fully rewarding book on flower arrangement. Floral Creations, with its unusually lucid text and thoughtful351 words
-
-
INTERNATIONAL COMPANY NEWS
-
423 1978-02-04 9 ASIAN COMPANIES Reuter SYDNEY; The ranger uranium partners PekoWaliaend Ltd and EZ Industries Ltd said preliminary exploration results In an area held under exploration licence about 20km nortji-west of the original ranger deposits and now under mineral lease application indicate the presence of significant uraniumReuter - 423 words
-
Article123 1978-02-04 9 TOKYO: Japan's top commercial house Mitsui and Co reported a 45 per cent Increase in its net profit in the first half of Its 1977 business year from the comparable period of the previous year. Mitsui and Co.'s net profit In the period (between April and September123 words
-
Article82 1978-02-04 9 Reuter. BANGKOK: Widespread gold smuggling into Thailand prevented Thai United Gold Trading, the sole official Thai gold Importer, importing its full quota of the metal In the final 1977 quarter. Managing director Banchong Asavasangsltlhl, said the company sold 20,000 troy ounces of gold against 80,000 ouncesReuter. - 82 words
-
117 1978-02-04 9 Reuter TOKYO: Nissan Motor said It plans to hold talks with Cle Oenerale Mlchelln of France and Joseph Lucas (Industries) Ltd of the UK to buy tyres and other parts for its Datsun cars. Nissan declined to estimate the sUe of possible orders andReuter - 117 words
-
Article180 1978-02-04 9 AP MANILA: The San Miguel Corp., largest nonpetroleum company In the Philippines, is raising US$l3O million In the Eurodollar market for modernisation and expansion. The company said the loan Is being handled by a banking syndicate led by Citibank, NA. The managers are Bank ofAP - 180 words
-
Article53 1978-02-04 9 HONGKONG: The Hongkong Realty and Trust Co. Ltd announced an Interim dividend of HK7 cents per 'A' share (same) and 1.4 cents per 'B' share (same) In the year to March 31 1978 on capital increased by one-for-10 bonus issue. Book's close date is Feb 23. Payable date53 words
-
237 1978-02-04 9 NORTH AMERICAN COMPANIES LOCKHEED-Catifornla Co. has announced the reorganisation of its commercial programme staff with the establishment of two marketing and propamine executive positions, a new marketing support organisation, and a centralised product planning function. Richard W. Taylor, the company's vice-president and general237 words
-
369 1978-02-04 9 FT. PHILIP MORRIS Inc. looks likely tc retain its status as a leading growth stock, having recorded its 24th consecutive increase in earnings ust year. The United States' second largest cigarette producer, which very recently became the second largest brewer, increased net profit byFT. - 369 words
-
Article101 1978-02-04 9 KENNECOTT Copper Corp said earnings of its metal mining division In fourth quarter 1977 were higher than in the same period 1976. Although it produced and sold less copper at lower prices In the 1977 quarter compared with 1976, Kennecott said these factors were offset by lower production101 words
-
154 1978-02-04 9 Reuter. CONTINENTAL Oil chairman Howard Blauvelt said the US$l4.l million decline In fourth quarter net was due to Impairments of $10.9 million In petroleum and $8.1 million In coal. The petroleum impairment was due to higher exploration costs and lower earnings for worldwide refining, marketingReuter. - 154 words
-
Article74 1978-02-04 9 Reuter. UNION OIL of California said it plans 1978 capital expenditures of UBsBoo million as against $813 million last year. The company said more than 75 per cent of the planned expenditures will be for energy resource exploration and development, 10 per cent higher than 1977 expendituresReuter. - 74 words
-
214 1978-02-04 9 EUROPEAN COMPANIES Reuter. LONDON: The Plessey Company Ltd expects a satisfactory fourth Quarter with profit* before tax for the full year ahead of last year's £39.58 million on sales of £368.8 million. Director of finance Peter Marshall said the company earlier reported pre-tax Eflt of £32.2Reuter. - 214 words
-
Article56 1978-02-04 9 Reuter. IX>NDON: The Rowntree Mackintosh International Finance BV Eurobond had Its amount increased to £18 million from the planned million on strong demand, lead manager J. Henry Bchroder Warn said. The bonds had been priced at 100*4 per cent and will carry a 10* per cent coupon withReuter. - 56 words
-
168 1978-02-04 9 Reuter. MUNICH: Siemens AO expects its new order inflow and turnover to rise about 5 per cent in the current business year to Sept 30. While giving no firm profit forecast, chairman Bernhard Plettner said the yield on turnover would be no worse forReuter. - 168 words
-
Article96 1978-02-04 9 FRANKFURT: Deutsche Bank AO said its whollyowned subsidiary Cie Financier* De La Deutsche Bank AO has agreed to a US$lOO million eight-year loan with Istltuto Moblllare Itallano (IMI). The loan carries a variable Interest rate and will be used to finance Italian exports and Investments. Deutsche Bank96 words
-
-
Page 9 Advertisements
-
Advertisement0 1978-02-04 9 /"^!{@_+:$`]<(_,^%[+,\;;:+(.)}>0 words
-
Advertisement275 1978-02-04 9 THE AUDIOPHILE He'.san inquisitive fellow, what else? And into Hi-Fi. And in The Craft of Sound magazine. What's this thing called an audiophile? He's into hi-fi in a big way, of course. And his pipe and whiskers are for certain. Much else we don't know, but we've crowded quite a275 words
-
-
DEALS DONE ON THE SES AND KLSE
-
Article1347 1978-02-04 10 BID aad offer price* officially listed aad business in and reported to the Slock Exchange at Siagspsrs yesterday with the number of shareo traded shown in brackets in eta of 1,888 unit* unless otherwise specified. All daw Settlement Contracts are stod5 tod after the world "Sett". Board deals1,347 words
-
Article145 1978-02-04 10 4 3/4% 1/5/79 250.000) (1M.678 100.706) 5 1/4% 15/10/79 (250.000) (101 208 101 255) 6 3/4% 15/6/86 (250.000) (103 MB) 4 V 4% 15/9/80 250.000) (99.478 99.575) 6 3/4% 1/12/80 (250.000) (103.758) 5% T F 15/4/81 (250,000) (101.50B) 5% T F 15/10/81 (250,000) (101.45B) 5% T F 1/5/83145 words
-
Article381 1978-02-04 10 STRIKING prices of the stock options officially listed on the Stock Exchange of Singapore, the periods, bid and offer prices and business done yesterday, with the number of op Cold Storage (March 81.70) (0.298 0.325) (June 81.70) (0.348 0.385) C and C (March 82.20) (0.568 0 60S) (June381 words
-
Article1367 1978-02-04 10 BID and offer prices officially listed and busiaess la aad reported to the Kuala Lumpur Stock Exchange yesterday with the number of shareo traded shown in brocketa in lots of 1,688 unita unless otherwiae specified. INDUSTRIALS Aiinonsets (I.ITB 2.2 M). A teem (2MB 2 74)0 (1) I.M1,367 words
-
-
Article155 1978-02-04 10 SINGAPORE UNIT TRUST INCOME BOND UNIT (Muwm' pricca tar Frb (Cwml p ricaa) 1 09 l.M INCOME BOND The Commerce 1.77 1.88 The Saving Fund 1.12 1.19 MARA BUMIPUTRA FUND S pore Prog Fund 0.81 ON (Managers' price* tar Fab 8) S pore Security Fund 1.81 1.71 First155 words
-
Article2452 1978-02-04 10 Gr's Gr's Net 1977/1971 Last Dtv Div Y'M P/E Vel Day High l>OW Sale ♦er- Cn C009) High Lew SECTION ONE INDUSTRIALS 154 132 Aetna 144 -1 12 ON 1.8 6.3 6.7 11 146 144 200 165 Alcorn 236 1S.0 2.2 8.6 12.7 119 58 Allied Choc2,452 words
-
Page 10 Advertisements
-
Advertisement34 1978-02-04 10 The Love of ooking V "a J'N f® 5* rs M f i -r I I v^a si yICSCI Jl■ i B>*jP 5 ir«pa ■r4* X tJta r«* O n y nsiniem. Kenneth Lo34 words
-
-
Article, Illustration681 1978-02-04 11 -SINGAPORE MOST counter* finished ,i higher in nodnte trading "-'•a the Stock Exchange of Singapore yesterday. lie share which had been the .market'* favourite *o for this week. Supreme Cor* v poration, took the back aeat -a* attention waa focuMed on two flret section industrial 1681 words
-
513 1978-02-04 11 THE Kuala Lumpur stock market rounded off the week with a mild rally among selected speculative issues to close generally on a steadier tone. Trading was moderate with investors generally cautious at the start of the day's business. Opening quotations were mixed, hovering513 words
-
Article188 1978-02-04 11 ALUMINIUM Company of Malaysia (Alcom) is apparently confident that its second application for an increase in its selling price will be granted or are we to assume that it has already been approved. For the company which recently announced a one-for-two scrip Issue and a five-point188 words
-
COMPANY NEWS
-
Article180 1978-02-04 11 OrnrmH b DM* Date payable i! Tatal pmteae y floateiKiaU CM MKM) 15Oft(e) Jan 10 reb 15 190% souvasra wiayii 11 MtfacOt) MTC tarU Perth PUautl—« fcWt* NOT Dlnait OTP(lt7«) Theee PnbUeMac TMHU»8MC M.BUUM K.L. Kapoac Aitmm Skufri-U •5ft (c) 3ft* J.OftI 12.9% #*<b) 20ft ts% 49ft<n) 19%180 words
-
516 1978-02-04 11 VENEER Products Is taking steps to reduce Its dependence on the unpredictable ups and downs of the timber Industry. The company says It has accepted an offer to acquire a majority stake In a property company while In a separate statement It proposes to516 words
-
814 1978-02-04 11 PACIFIC Development Credit disclosed that Its subsidiary Malaysia Borneo Finance appointed a receiver to Palm and Vegetable Oils in July last year before PVO's wider problems surfaced. In reply to the Kuala Lumpur Stock Exchange queries the company adds that MBF has also filed814 words
-
Article431 1978-02-04 11 LOWER rubber output coupled with a sharp fall in oil palm prices have put paid to Temerloh Rubber Estate's aspirations of Improving on last year's record-breaking performance. Pre-tax profit for the first half of the current year ending April 30, 1078 came to about Mil million, a431 words
-
Article, Illustration153 1978-02-04 11 gHABK Manhattan Bank, has. promoted Mr Taa Jw Hal and Mr Chw Kow CWI to Mcond vice presidents and Mr Cfcoa Otoon Kfaa to assistant manager. Mr Tan. who lT«£>nd rice president and manager personnel and public affairs, joined chase on Jun 1, 1977. He Is a153 words
-
Article47 1978-02-04 11 UNITED Overseas Bank reveals that 13.68 per cent of its issued capital of $155.65 million Is owned by foreigners. This Includes the 6.77 million ordinary shares to be Issued upon the full conversion of the company's 6 per cent convertible bonds maturing in 1088.47 words
-
Article29 1978-02-04 11 THE following company meeting Is due: Malaysian Tobacco ComKy Beriiad: Feb 15 at the ah Room, Kuala Lumpur Hilton. Jalan Sultan Ismail. Kuala Lumpur at 11.00 a.m.29 words
-
576 1978-02-04 11 MANO SABNANI - By MANO SABNANI HARRISONS and Crosfleld (H and C) has won a major battle in its multl-mllllon pound bid war to retain its traditional dominance over more than 17 plantation groups between India and the Air East. The UK plantation managers say576 words
-
Article502 1978-02-04 11 INCREASED Investment Income coupled with buoyant conditions ruling In the rubber and oil palm markets have boosted earnings considerably <at Castlefield (Klang) Rubber Estate for the year ended June 30. 1977. This company, which is one of the few remaining UK-based sterling rubber companies within the Harrisons502 words
-
-
Page 11 Advertisements
-
Advertisement324 1978-02-04 11 j Slow boat 1 J from China CHINA TRADE QUARTERLY Far East Publications 0J 1913, Handling Centre, Peterson Street, Causeway Bay. Hong Kong. I —l Please enter my full aubecription to China Trade Quarterly. lam enclosing a cheque/money order for US$2OO.OO or equivalent in other currencies. .of China Trade Quarterly324 words
-
-
200 1978-02-04 12 TO HOUSING ami Urban Development Coaptny is ifcfal far m 1« to its registruto about 1M houaea at J»»slr 81a Beach Park, two eu after it bought than Kong Joo Pto. Ltd. -The offer comprises 95 fwo-storey terrace houaea IM three two-atorey aami- detached200 words
-
Article689 1978-02-04 12 POLITICAL WILL ENCOURAGING Agencies. prospects for success In the Tokyo Round trade t»ur« have Improved from, very poor to fair since midSeptember, the head of the US team, Alonzo McDonald said in London. "We are finally on course with the Tokyo Round negotiations. WeAgencies. - 689 words
-
Article255 1978-02-04 12 THE inability of US exports to compete on the world market Is a key (actor In the United States trade .deficit and plans to eliminate export Incentives could fan Inflation and boost unemployment. A panel of export Industry representatives said on Thursday that President Carter's plan to eliminate255 words
-
Article340 1978-02-04 12 AP THE United States should turn Its eyes to the Far East because American Interests there are "no less vital than those at stake In Europe," Mr. Mike Mansfield, the US ambassador to Japan, said on Thursday. "Asia must loom larger in ?ur consciousness," the ormerAP - 340 words
-
Article182 1978-02-04 12 Reuter. THE Private Investment Corporation for Asia (Pica) has decided to expand Into more equity oriented Investment as well as increase Its financial, management and technical aid to developing countries In the region. Mr Stanley de Osborne, Pica's American chairman, said the vacuum that PicaReuter. - 182 words
-
Article774 1978-02-04 12 LONDON. FTI. Government sMcks retreated following fairly he*vy selling pressure, on concern over possible challenges to the government's pay guidelines. High coupon long-dated Issues were up to 114 points Ipwer. with other longs a point or AO down. Shorts lost Hio H. -Leading industrials were a shade easier774 words
-
Article, Illustration81 1978-02-04 12 THREE flour mill executive* from Singapore have just completed a two* week study ofue Australian wheat industry. They are Messrs. Hau Tau Sang, *liead miller of Prima, Chia Chin Tee, assistant chief miller of Khong Guan Flour Mills and Wong Chau Chyun, director of Singapore Flour81 words
-
Article, Illustration527 1978-02-04 12 RONNIE LIM - •r RONNIE LIM IT IS time for South-east Asia to develop a computer philosophy of ita own, especially in computer applications, where the systems developed and used In the more advanced countries are not always applicable. With the experience that the region has,527 words
-
482 1978-02-04 12 CASH registers have come a long way from the days when storekeepers reached up for their rattan basket hanging from the celling to deposit or rifle for change. Today, It is the point of sales (PO6) systems which are capturing the Imagination482 words
-
Page 12 Advertisements
-
Advertisement86 1978-02-04 12 SEE PAGE 7 e fr r«OA '■'9m, Or. iy 's f y HW', K 1 I I tr. i»;i The most i;« u m u i 111 »> 1 :-i i i »i» < :tt i MM At Mm z r t ir ii ,»r* <n »>ii-i i'i i V86 words
-