The Business Times, 25 February 1978
1978-02-25
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section11 1978-02-25 1 BUSINESS TIMES M.C.(P) No. 218/1/78 SATURDAY, FEBRUARY 25, 1978 50 CENTS11 words
-
BRIEFLY...
-
Article69 1978-02-25 1 FINANCE MINISTER Hon Sul Sen Is expected to deliver ills budget speech when Parliament sits on Monday. Business Times on Monday will also carry a special in-depth report on the economy last year, based on the Economic Survey of Singapore, 1977. The survey comes in 10 chapters,69 words
-
Article42 1978-02-25 1 Reuter LONDON, Frl. The US dollar opened lower on European foreign exchange markets again today but recovered slightly later. It initially fell to 2.0110 marks and 1.7812 Swiss francs, but rallied to around 2.0160 marks and 1.7885 francs. Reuter.Reuter - 42 words
-
Article62 1978-02-25 1 AFP MELBOURNE, Frl. Chrysler Australia which has sacked 1,300 of its workforce since last July, today reported a staggering A 527.8 million (5572.3 million) loss for 1977. The group's chairman and managing director Mr. T. J. Anderson indicated that even If the Australian car market picks upAFP - 62 words
-
Article67 1978-02-25 1 AFP MANILA, Fri. The Gulf Shipping Group of West Asia and Europe has made the first major investment in the Philippines with a total commitment of US$ll million (5525.41 million) It was announced here today. Of the total group commitment, $8 million represented financial guarantees to Landoll Company,AFP - 67 words
-
Article59 1978-02-25 1 Reuter CANBERRA, Fri. Federal and state government ministers responsible for company law and securities industry regulations settled most Important issues when they considered the text of a draft formal agreement. The draft, which has been under discussion at intervals over the past two years, provides for a cooperativeReuter - 59 words
-
Article60 1978-02-25 1 Reuter TOKYO, Fri. The Malaysian government plans to float a 15 billion yen (Ssl44 million) 10year bond on the Japanese capital market next month, Japanese securities sources said. Terms of the first bond are expected to be fixed here in late March between the Malaysian government andReuter - 60 words
-
Article28 1978-02-25 1 Reuter BANGKOK, Fri. Switzerland looks forward to a closer, deeper and stronger economic relationship with Asean, a visitine Swiss goodwill economic mission announced here today.Reuter - 28 words
-
Article41 1978-02-25 1 Reuter GENEVA, Fri. Some 100 United Nations member states will discuss a proposed new international treaty on non-bulk shipping cargoes, shifting more responsibility from the cargo owner to the carrier, at a meeting in Hamburg next month. Reuter.Reuter - 41 words
-
Article55 1978-02-25 1 UPI NEW YORK, Fri. A decline in the nation's money supply pushed prices broadly higher today in moderate trading of New York Stock Exchange issues. The Dow Jones industrial average, was ahead 2.86 to 753.81 shortly before 11 a.m. Advances led declines, 763 to 249, among the 1,436UPI - 55 words
-
-
Chief Price Changes
-
Article127 1978-02-25 1 Foils Most octive Sanyo 338 -20 Sim Um 163,000 .125,000 109.000 Qi onn Sungei Besi 505 -15 API Dunlop Ind 412 -12 Haumau NST 500 -10 F Merlin Tan Chong Berjuntai Tronoh Mine* 252 740 585 -8 -5 -5 Total Turnover: 1.61m Total Value: $2.48 m OCBC127 words
-
Article, Illustration162 1978-02-25 1 Falls Most active Boustead O. Ceramics Sim Lim Malalcoff UAC API B. Raya Perils Plants Talplng cons 2.32 2.47 0 .95 2.06 2.33 1.14 1.86 1.73 3.04 09 09 .07 .07 .05 .04 .04 .04 04 Sim Lim 247 API 220 Puh 138 Bo 113 Totan Turnover:162 words
-
-
Article789 1978-02-25 1 KADIR JASIN - PRICE STABILISATION PACT TALKS By KADIR JASIN PRODUCING and consuming countries attending the third Unctad preparatory meeting on rubber in Geneva next week are faced with the task of deciding on the recommendations of the intergovernmental task force established in June last'year. The task789 words
-
234 1978-02-25 1 AFP THE Malaysian government is to extend its ban on exports of timber logs from Peninsular Malaysia to cover three more species the cengal, balau and kempas varieties. The Minister of Primary Industries, Datuk Amar Hajl Talb Mahmud, said yesterday In Kuala Lumpur theAFP - 234 words
-
595 1978-02-25 1 ARTHUR NG - ■y ARTHUR NG OVERSEA CHINESE Banking Corporation has extended Its ties with the Schroder merchant banking group by taking a 15 per cent stake In the Austra-Han-based Schroder. Darling and Company Holdings Limited (SDCH). Singapore International Merchant Bankers, the merchant banking arm of the595 words
-
Article169 1978-02-25 1 Reuter THE JAPANESE Finance Ministry said it will extend terms for standard settlement for Imports, from March 1, to increase imports as part of its trade surplus trimming measures. This is part of a series of 11 measures relaxing and simplifying Japanese exchange controls, announcedReuter - 169 words
-
Article99 1978-02-25 1 Reuter WEST GERMANY'S foreign trade surplus dropped to 1.90 billion marks In January from 4.22 billion In December (I.e. 582.147 billion from 3*4.77 billion). The trade stirplus in January," 1977, was 1.98 billion marks, said the Federal Statistics Office. Exports in January, 1978 were 21.31 billion marks againstReuter - 99 words
-
256 1978-02-25 1 FUJI BANK'S US$lO million negotiable floating rate certificate of deposit issue was heavily oversubscribed, according to Asia Pacific Capital Corporation, Singapore, the manager for the iaaue. This issue; which was completed on Thursday, represents the first time that Fuji has issued a floating256 words
-
458 1978-02-25 1 THE SECOND Offshore South-east Asia Exhibition ended yesterday with a disclosure that it had been visited by a Chinese trade delegation which had expressed interest in high technology equipment. Mr. Hugo Johnson, director of the exhibition said that the Chinese had visited the exhibition, but458 words
-
Article73 1978-02-25 1 Reuter INDONESIA has signed a 13.7 billion yen(Ssl3i.s million) loan from the Japanese government's Overseas Economic Cooperation Fund to help build a hydro-electric power station and an aluminium refinery in northern Sumatra. The 30-yefu- loan at 3.5 per cent annual interest has an eight-year grace. This isReuter - 73 words
-
Page 1 Advertisements
-
Advertisement25 1978-02-25 1 .LANIER 1 COURIER the perfect secretary... U5 M high 2V>" wide lOoz. wt. works 24 hours a day and never grumbles Soto Agwt:DON RAT. 1W:*****8/53n6325 words
-
Advertisement139 1978-02-25 1 SEE PAGE 2 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 likely economic effects on ASEAN countries including new patterns139 words
-
Advertisement74 1978-02-25 1 TIME'S running out for KL timber industry TOE ARCADE is going up JAPANESE shipbuilding lead SIGNIFICANCE at Thai PM's visit CARTER all out to plug tax loopholes FORUM: Stoek market apprenticeship 7 SEACORP holders look to higher payout 11 PARIT Perak group cuts loss 11 ASEAN avionics market potential 1274 words
-
Advertisement364 1978-02-25 1 SINGAPORE BUSINESS The Business Magazine THESE ARE THE BOOKS THAT HITLER BURNED ir :lSkr THE GREAT BOOKS OF WESTERN CIVILIZATION That are the books that had to bum For within the GREAT BOOKS arc volumes that hold the ukai and thinking that challenge the lettered mind, the thought! and theories364 words
-
-
TRADE AND INDUSTRY
-
Article208 1978-02-25 2 COURSES ANDTALKS DATES TITLE LOCATION ORGANISER Feb 13 Administrative YWCA, Marine University of Mar 31 management Parade Singapore Feb Finance for sales 27 28 and marketing management Hilton Consulasla Mar 1,2 Maximising profitability from major customers Hilton Consulasia Mar 2 Effective Personnel Hilton P.O.D. Management Mar 4& 11208 words
-
Article600 1978-02-25 2 KADIR JASIN - FOREST RESOURCES DWINDLING By KADIR JASIN PENINSULAR Malaysia's timber industry will face a bleak future 12 years from now if the government's attempts to conserve and rehabilitate forest resources fail. Contrary to the belief that it still has abundant supply of tropica] hardwood, the actual picture600 words
-
Article, Illustration131 1978-02-25 2 AUSTRALIAN Senior Trade Commissioner in Singapore. Mr. Peter Home, tried his hand at unloading the last shipment of Australian goods, valued at $115,000, for the Australian stand at the Sibex exhibition. The second Sibex exhibition (Singapore International Building Exhibition) is to be held at the Hyatt Hotel131 words
-
447 1978-02-25 2 PETER CHIA - •y PETER CHIA LESNEY Products, the British toy manufacturing giant noted for its Matchbox cars, is studying possibilities of manufacturing in Singapore. It is becoming increasingly expensive to operate the UK factories, said Mr. Jonathan Wood, general manager of the Lesney representative office in Singapore,447 words
-
325 1978-02-25 2 RONNIE LIM - ■y RONNIE LIM THE Arcade, put up by the Alkaff Brothers early this century, will soon be replaced by a 17-floor shopping-cum-office block developed by Slngapura Developments. However, the developer does not expect to do better than break even on the project. This is325 words
-
Article124 1978-02-25 2 INDIA'S rapidly Increasing foreign exchange reserves should be run down through more imports to fuel economic growth, according to the government's annual economic survey. The reserves, which were about 40 billion rupees (Ssll billion) at end-January, would stop growing in the immediate future, the survey said. The survey,124 words
-
Article, Illustration183 1978-02-25 2 Mr. "Lim, 37, a chartered accountant, who has been with the Slme Darby group in both accounting and general management positions since 1973, succeeds the previous Joint managing directors, Messrs. G.W. Mackey and B.A. Judd. Mr. Ho Ka m Weng, previously chief surveyor for Si me Darby183 words
-
-
Page 2 Advertisements
-
Advertisement218 1978-02-25 2 ingapore's business world at your fingertips... e ft*. f f s >. theStrai K I In* «u Jlf ;>-'rSv,. "> s/l <«« ,c Vs $361= of Singapore 1978 The most comprehensive guide to tne business The Straits Times Directory of Singapore 1978 more popularly known as the Buku Merah', carries218 words
-
-
Page 2 Miscellaneous
-
Miscellaneous640 1978-02-25 2 TWO-IN-ONE CROSSWORD 1 n2 CRYPTIC PUZZLE ACROSS 4 Misleading view of a motorway gear chance 7 A fin gets a garment from this trunk Hebrldean cave-man (6) 14 Where to follow advice (9) 15 la flat, even when curling take* place (4) 14 Sound of a crowd exhausting themselves? (4)640 words
-
-
OVERSEAS
-
706 1978-02-25 3 Reuters AP US PRESIDENT Carter has stepped up pressure on management and union to settle the 80-day coal strike which has begun to bite deeply into the economy. He said he would take drastic action possibly by sending troops to the minesReuters; AP - 706 words
-
Article422 1978-02-25 3 UPI US Agriculture Secretary Bob Bergland estimated that American Farm exports will reach a record volume of 110 million tonnes In the current fiscal year but farmers will get less because prices are down. With many farmers In their distinctive strike hats sitting InUPI - 422 words
-
Article235 1978-02-25 3 AP MAJOR American copper companies told a US government agency on Thursday they have been damaged by Imports and want restrictions placed on sales of refined copper In the United States. In a complaint filed with the US International Trade Commission (ITC), the copper companiesAP - 235 words
-
WORLD IN BRIEF
-
Article551 1978-02-25 3 Agencies PRESIDENT Carter's nominee for the post of Federal Reserve Board chairman, Mr. Arthur Miller, is certain the US Senate will confirm his appointment, despite reports to the contrary. Mr. Miller's confirmation has been held up by the Senate banking committee for six weeks by a probeAgencies - 551 words
-
-
243 1978-02-25 3 NYT THE US House of Representatives passed a bill on Thursday to authorise a US$l.7 billion (553.9 billion) United States contribution to a $10 billion International fund designed to help countries hardest hit by current oil prices. In effect, the bill would sanctionNYT - 243 words
-
Article81 1978-02-25 3 THE CHICAGO Board of trade Is studying the feasibility of trading futures contracts In refined sugar, energy sources, stock price Indices and other financial instruments, the exchange's annual report disclosed. In addition, the possibility of trading commo- dlty options becomes stronger last year, with the exchange continuing to81 words
-
193 1978-02-25 3 AP THE COUNCIL of the International Coffee Organisation'* special atudy group on trigger price that could spark off the export quota system of the third world coffee pact has ended a three-day meeting on Thursday with little result. The organisation's executive director Alexandre BeltraaAP - 193 words
-
Article, Illustration556 1978-02-25 3 WARNING TO EEC AND UK A RETREAT Into protectionism would be suicidal for the EEC or British economies which depend on their ability to Import, EEC Industry Commissioner Etienne Davlgnon said In Brussels on Thursday. In a speech to the British Chamber of Commerce for Belgium556 words
-
-
Page 3 Advertisements
-
Advertisement401 1978-02-25 3 A unique opportunity for international businessmen to discuss tritateral co-operation k I ut Asean-West Asia Investment Conference Kuala Lumpur, Malaysia, 9-10 March 1978 The Asean-West Asia Investment Conference will be of special interest to industrialists, bankers, investment specialists, entrepreneurs, senior executives and government officials from Asia and the Middle East.401 words
-
-
RAW MATERIALS
-
Article429 1978-02-25 4 THE market In Singapore yesterday closed lower with March One RSS buyers quoted at 205.00 cents per kilo, down one cent from Thursday's close. Morning prices were lower on predominance of sellers and lower London advices. Afternoon prices were maintained in early trading but fell429 words
-
Article353 1978-02-25 4 Prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 RSS prompt f.o.b. 206 50 206 00N 205 00 205.50N Int. 1 RSS March 205 50 206 00 205.00 205 50 Int. 1 R.S.S. April 205.50 206.00 205 25 205.75353 words
-
Article100 1978-02-25 4 NOON SSR and SMR prices yesterday: March HAS (Current Mth) (For ward Mth) Buyeri Sellers Buyers sellers I cents per k<) (cents par kg) SSR 20 (1—ton pallet) 194 00 196.00S 195.00 197.00N SSR SO (1—ton pallet) 192.00 194.00N 193 00 195.00N MRELB SMR5CV (1-ton pallet) 216.25100 words
-
Article30 1978-02-25 4 Rubber: Feb 24: Singapore: March 205.00 centa. (down 1.00 cent) Malaysia: March 208.25 cents (down 0.75 cent) Tin: $1,632 (down S4O) Official offering: 190 tonne* (up 21 tonnes)30 words
-
Article398 1978-02-25 4 MIXED conditions prevailed In light trading at the Singapore produce market yesterday. While coconut oil appreciated $1 per picul, all grades of coffee were quoted $5 per picul lower by the Singapore Chinese Produce Exchange. This fall was expected following the drastic decline in prices overseas only the398 words
-
Article210 1978-02-25 4 ROBUSTA futures in London yesterday closed the morning barely steady i' 7 to i'2s per tonne down from previous night. Spot March closed i' 7 lower at C 1.663 after trading at i' 1,665 and opening some 125 down from previous night. Dealers said overall trading was light with210 words
-
Article297 1978-02-25 4 AFTER an uncertain start last week, markets have recovered to register a net gain of some three cents, with turnover improving progressively. Prices were initially down two cents on easier London advices, with sentiment depressed over the ramifications of the continuing two-month old US coal297 words
-
Article153 1978-02-25 4 FUTURES In London yesterday ended the morning very steady at the morning's highs with gains of £26 to £46 and a volume of 2,783 lots. Prices rose through the t'4o limit at the midday call and as a result the afternoon session will be without limits, dealers said. Some153 words
-
Article162 1978-02-25 4 THE Straits tin price in Penang fell MS4O per picul to <1,032. Market sentiment was depressed mainly by lower overnight London Metal Exchange prices and poor demand locally. Turnover rose to 190 tonnes from 109 on Thursday. Tin in LONDON on Thursday showed losses of 180 per tonne162 words
-
Article259 1978-02-25 4 SUGAR futures in London yesterday opened 10 to 90 points higher in a volume of 872 lots. After the initial call, prices slipped back and at mid-morning showed losses of up to Cl. Small improvement at the opening reflected firmer New York prices and weaker sterling in the morning,259 words
-
Article341 1978-02-25 4 THE sugar market closed slightly firmer with turnover rising to 17 lots from five on Thursday in fairly active trading. The market opened firm but eased slightly with trade houses both buying and selling while commission houses were mainly buyers. Only July was untraded. Open positions rose to341 words
-
Article73 1978-02-25 4 C.I.F. US dollars per ton. LONDON: Malaysian 5S f fa bulk May Sumatra 5H ffa Feb March tc June June/July Nigeria 5* ffa bulk ROTTERDAM: Sumatra March Zaire < Belt francs per kilo) Tkoraday 552 Hr unch 825 sir 5«7 50slr 555 sir unch 530 unq 625 sir73 words
-
Article205 1978-02-25 4 BANGKOK rice prices were unchanged yesterday. Rice price* In UB dollars per tonne fob dull Bangkok. White Rica: 100 pet 1 CUm 447.100 Kind Class 392 100 pet 3rd Ctau .S pet 378.10 pet 3tS, 15 pet 382. 20 pet 357 25 pet 352 35 pet unq Broken: A-l205 words
-
Article109 1978-02-25 4 SOYBEAN futures In Chicago on Thursday gained six to 3*i cents a bushel at the close, finishing around the midpoint or the day's trading range. The early firmness came on local short-covering, Influenced by reduced levels of farmer selling overnight and good demand in Europe, plus Brasll's removal of109 words
-
Article58 1978-02-25 4 WHEAT futures In Chicago on Thursday showed some easiness at the opening and slid downward for losses of 1-* to 2-K cents a bushel after an hour of trading. Wheat futures extended an early decline Into losses of 5 to 4- k cents a bushel as they finished the58 words
-
Article293 1978-02-25 4 COPPER wlrebara in London yesterday showed tosses of around £3.75 per tonne for cash and £4 for Three Months, i Turnover was 3.975 tonnes. Cathodes fell by around C 3.25 for cash and £4 for Three Months in unison with wlrebars. Copper wire bars on Thursday finished the day293 words
-
Article195 1978-02-25 4 SILVER closed 0.3 to 0.1 pence per troy ounce higher In London yesterday. Prices steadied from Initially modestly lower premarket levels with dealers attributing the movement to covering prompted by the rise In gold and weakness in the US dollar. Trading was light with carries accounting tor the greater195 words
-
Article352 1978-02-25 4 THE kllobar In Singapore opened at 5513.685 and closed at $13,708. In London, the metal opened US$2.OO higher on the previous opening at <182.70/ 183.00 due to weakness in US dollar. The market fluctuated In a range of $0.55 and closed at U*****.05/ 35. The London morning fix was352 words
-
Article77 1978-02-25 4 ZINC in London closed with losses of Cl per tonne for cash and ci.so for Three Months on Thursday. Values hardened after lunch with the news that Amax in the US had shut down production at its Sauget refinery following a cutback in power supplies aiding sentiment. The turnover77 words
-
Article66 1978-02-25 4 LEAD in London on Thursday, finished with losses of 14.75 per tonne for cash and 15.5 for Three Months on the day. Afternoon values were generally well maintained aided by covering and trade buying. Turnover was 2,250 tonnes. Prices softened on the kerb, however, in sympathy with copper with66 words
-
MONEY AND EXCHANGE$
-
Article454 1978-02-25 4 BOTH the foreign exchange and local money markets were very quiet yesterday, with slightly more activity concentrated only in the yen and Deutschemark counters. Upward movements in the two counters later in the afternoon were the result of an announcement by the West German government of a West454 words
-
Article50 1978-02-25 4 ACBC A Icemen* Bank 7 Citibank Bangkok Bank 7 HSBC Bank of America 1 7^ Bank of China 1 Malayan Banking 7 Bank of Tokyo 7 Mitaui Bank Bank Ne*ara OCBC CH 7'/, OUB Chartered Bank 7'» UCB Chaw Manhattan 1 UMBO 7 DBS TH UOB 750 words
-
Article160 1978-02-25 4 Asian rates ASIAN currency deposit rules as at close on Feb 24 US Ml Oik Interbank an (Spat) BM 7 days 1 mth 2 mths 3 mths roths 8 mtns 12 roths .7 1/2 .71/2 .71/2 .7 7/8 .7 15/18 .81/1« Kr», (Middle 87/8 7 3/8 7 3/1 77/18 7160 words
-
Article45 1978-02-25 4 RANOE or prices offered by dli count bouses on Fi rt> Overnight 3V*% Cfcll deposit 3M.H 3-Month Closing Buying Selling Tresiury btlU 3 3/16 31/16 3-Month Bank Mils 47/» 4 3/4 J- Month CD 5 47/8 6-Month 57/16 Si/16 Source: National Discount Co Ltd45 words
-
Article99 1978-02-25 4 THE Bank of Japan yesterday bought between US$l7O and 200 million at 238 yen flat throughout day to support the US currency. The dollar for overnight delivery closed at 238.01 yen, lower than a 238.10 opening and 238.50 at Thursday's close. Trading was heavy, with volume 1440 million. The99 words
-
Article68 1978-02-25 4 RESULTS of tender held on Feb 24 for 91-day and 364-day Treasury bills to be Issued from Feb 27 to March 3 and on Feb 27 respectively. Offered Applied for Allotted Accepted bids 91-day bills $30,000,000 $80,000,000 $30,000,000 $99.21 and above in full. 364-day bills S20.000.000 $100,500,00068 words
-
Article195 1978-02-25 4 THE dollar yesterday rallied slightly from early lows as some operators took profits. Initially, the dollar was depressed, falling as low as 2.0110 marks and 1.7800/25 Swiss francs partly reflecting concern over a delay in publication of US January trade data for a week, but it later recovered to195 words
-
Article223 1978-02-25 4 THE dollar closed at its lowest trade-weighted level for two and one-half years after hitting record lows during the day against the mark and Swiss franc on Thursday. New York Federal Reserve Bank intervened lightly, particulary in marks, following earlier intervention by European central banks, but made no223 words
-
Article170 1978-02-25 4 THE US dollar yesterday fell back against major currencies In afternoon dealings from its opening levels on early selling orders from West Germany and Switzerland. Trading conditions were described as very active with the market very nervous ahead of the weekend and comparatively small deals pushing the rate for170 words
-
Article38 1978-02-25 4 FRANKFURT exchanges opening quotes on Feb 24: Can 1.8070/8110 Sterling 3 930/940 Of I 93 10/20 Sfr 112 00/75 Lit 2 36/37 Ffr 42 25/35 Nkr 38.16/36 Bfr (con) 6 40/41 Bfr (fin) 6 39/40 Yen 0.8400/7538 words
-
Article56 1978-02-25 4 ZURICH exchanges closing quotes on Feb 23: US 1 8000-8025 Stefitaf 3 5100-5158 Can 1.6140-6174 D Mk 88 9546-86.1444 F Fr 37 5080-6423 B Fr 5 7010-7132 D Kr 32 1716-2249 N Kr 33 9943-34 0008 8 Kr 39 1602-2232 Ut 0 212-1215 Port 4 4944-5340 Spain 2 2430-248956 words
-
Article61 1978-02-25 4 AUs i kAL1A/NZ exchanges auo.es on Feb 24: AUSTRALIA US dollar 1 1417/ 1 1309 Sterling 5805/ 5799 Ninety-day air mall buying rates: Sterling 0.0015 US dollar 1.1717 Ninety-day forward buying rates Sterling 0 5049 US dollar l 1383 NEW ZEALAND Sterling 0 5279/0 5251 US dollar *****/1 024061 words
-
Article58 1978-02-25 4 Euro rates LONDON Eurodollar dtpoMi open tag quotes on Feb 24: Weekend 2-5/8. 2-1/3 Mon/Tues and Tue»/Wed 7. 6-7/8 Call two days 7. 6-7/8 Seven dayi fix and notice 7. #-7/8 One. Two and Three mths 7-1/2, 73/8 Four mtlu 7-11/1*. 7-0/16 Five mtlu 7-3/4. 7-5/8 SI* mths 7-7/®. 7-3/458 words
-
Article340 1978-02-25 4 Straights Bid Offer FFIStg9'.87 98 12 98.87 Courtaulds stg 9 J W 90.25 97.00 EIBstg9', 92 98 00 98.75 Flsons stg 10 87 101.12 101.87 Inc992 96 50 97 25 Inco8'. 84 96 25 98 75 Sparbankernas 8*4 88 96.50 97.59 Shell 8 90 98.25 96.75 SNCF 8'« 84340 words
-
-
-
Page 4 Advertisements
-
Advertisement153 1978-02-25 4 Don't let the language barrier stop you from wider r .or, contacts $<*2* I eAP V Y i„ 1 v^o^ e A* nN m 4 P e ESjSg -n i YOU SIMPLY CANNOT FAIL WITH VISAPHONE. Use it at home, while travel- I ling in fact anywhere and any time153 words
-
-
TRANSPORT
-
Article, Illustration240 1978-02-25 5 CAL MARINE, a local company, has won the distinction of fabricating the second "Stingray" In the world, the first was built In the US. The Stingray Is a new cone penetrometer tool, claimed to be the most advanced measuring device available for240 words
-
Article264 1978-02-25 5 BRITAIN'S east coast ports, Including the Port of London, will be closed by a 48 hour strike by pilot ship officers. The action has been called by the Merchant Navy and Airline Officers Association over a 18 per cent pay claim refused by Trinity264 words
-
Article, Illustration831 1978-02-25 5 TERESA LIM - By TERESA LIM THE WIDE gap between the shipbuilding orders received by Japan and those gained by its competitors Is expected to narrow to some extent this year International Records and Statistics (FIRS) in its publication. Falrplay Newbulldlng Market 1977, describes the gaping dls-' parity831 words
-
Article539 1978-02-25 5 THE FUTURE of shipping lies largely out of the water, according to an authoritative book on hovercraft and hydrofoils Just published In London. "Less than 20 years ago, the hovercraft was simply a balsa-wood model In a middle-aged Inventor's suitcase, ,T accoidlng to Jane's Surface539 words
-
Article, Illustration337 1978-02-25 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Aegis Blaze (after Sagafjord sails) 47 (o jWy Vllja (B Bar,,, Golden Hill (0600) 25 Keppel Tug (1400 alongside Ivan Kotlyarevskl) 38/38 Kraslca (after Sagafjord sails) 46 Loon Mau (0600 will haul to Odns. 38/30 on p.m./27th) 35/36 Minx (HOKM) (1100) 27337 words
-
Article327 1978-02-25 5 THE Shipping Corporation of India (SCI) began operations in 1961 with a modest fleet of 19 vessels. Today, It is India's leading shipping company and ranks among the 10 largest shipping companies In the world. It owns a diversified fleet of more than four million tons,327 words
-
Article53 1978-02-25 5 ONE of the four offshore supply boats ordered by a local company, Oil (Asia) Pte Ltd. from Singapore Shipbuilding and Engineering has been com-* pleted. The tease), Oil Bupoty 1, was delivered to Its Singapore owner recently and not to a Canadian company as reported in53 words
-
437 1978-02-25 5 AP A U8 air traffic controllers' committee charged on Thursday that the ground radar at Washington's Dulles Airport Is unreliable In wet weather and that last month it almost caused a collision between two aeroplanes on a fog-bound runway. The controllers contended thatAP - 437 words
-
Article161 1978-02-25 5 AP JAPANESE pain Imports from the US, Argentina and South Africa accounted for most of the single-voyage chartering on Thursday and rate tone predominated. In the U8 Oulf, the Eredlne repeated US$B.3O (5524.f10) (F10) for a 50.000ton February grain haul to Japan, while the Euroasla Concorde took theAP - 161 words
-
Article705 1978-02-25 5 ARRIVALS i Service Local Operator Number Time Prom CAL CI333 0040 TPE/HKG/KUL TMA TL302B 0530 TPE MAS MH601 0715 KUL MAS MH682 0810 KCH SIA SQ101 0815 KUL MAS MH62I 0835 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CAL CI814 1000 HLP GIA GA980 1030705 words
-
-
Page 5 Advertisements
-
Advertisement141 1978-02-25 5 THE BANK OF TOKYO, LTD. Singapore Branch U5520,000,000 NEGOTIABLE FLOATING RATE U.S. DOLLAR CERTIFICATES OF DEPOSIT DUE FEBRUARY, 1981 In accordance with the provisions of the Certificates, notice is hereby given that for the Interest Period February 27 to August 28, 1978 the Certificates will carry a rate of interest141 words
-
Advertisement95 1978-02-25 5 MR. BUSINESSMAN: Is Business slow? Need more customers? Selective buyers consult the Yellow Pages. Many businesses have found Yellow Pages to be their best (and least costly) salesman. HAVE YOU FINALISED YOUR ADVERTISEMENT? EARLY HANDLING/COMPLETION OF YOUR BOOKING ENSURES MAXIMUM ATTENTION TO YOUR ADVERTISEMENTS BY PRODUCTION DEPARTMENT. ERRORS UNFORTUNATELY DO95 words
-
-
Article423 1978-02-25 6 RUBBER producing and consuming nations are scheduled to meet soon to try to work out a system for stabilising prices and for equating supply with demand. The task Is noble, some would even say vitally Important, but that does not mean the road for them423 words
-
233 1978-02-25 6 JAPANESE shipyards, when they undercut their competitors sharply to secure contracts, are doing what all the other shipyards of the world would do too, If they were backed by the tremendous resources of Japan. What makes Japan so unpopular In Its exercise to survive, however, Is233 words
-
Article, Illustration1414 1978-02-25 6 SIVA ARASU - By SIVA ARASU PRIME Minister Kriangsak Chamanand will make his first visit to Singapore arriving tomorrow but he is no stranger here. He met Prime Minister Lee Kuan Yew in Bangkok last December and Slngaporeans already know much about him and his country.1,414 words
-
Page 6 Advertisements
-
Page 6 Miscellaneous
-
Miscellaneous59 1978-02-25 6 WEATHER outlook for Singapore from a.m. to noon today: Windy, no rain. REPORT for 24 hoar* prior to 7.30 pm on Feb 24 at the airport. Maximum Temperature 32.1° C Associated Humidity go Minimum Temperature 23.4* C Associated Humidity Hours of Sunshine bm Rainfall in Millimetres nil Total Rainfall for59 words
-
Miscellaneous302 1978-02-25 6 SINGAPORE 5 1.00 PM Opening Announcements followed by Sesame Street 2.00 Saturday Matinee Black Invaders 6 Starring: Amedeo Nazzari, Deniele De Metz 3.30 Police Surgeon Killing Favours 0 3.55 Soccer Friendly International Singapore Vs Spartak (Repeat) 4.55 Sandiwara Berpiiah Dibumi Gersang (Repeat) A Malay drama 5.40 Little House On The302 words
-
-
Article, Illustration589 1978-02-25 7 LONGRIT BOONMARK - ly LONGRIT BOONMARK THE Hualumpong railroad < station in this capital city is 1 unusually crowded with 1 people these days. They are mostly poor farmers and their families fleeing from the drought-stricken 1 provinces, In search of work i any work —in Bangkok.589 words
-
Article, Illustration1379 1978-02-25 7 MILTON CHASE - By MILTON CHASE ALTHOUGH the Carter Administration's hopes for Congressional approval of phasing out Disc and tax deferral have been largely dashed In the House, Administration supporters In the Senate are gathering ammunition to gain backing for ending the tax loopholes. The supporters1,379 words
-
Article, Illustration346 1978-02-25 7 DEAR Pta, guess what happened? Remember how postcards used to be Just boring old personal messages between close friends? Well, how the Marco Polo Hotel has transformed that fuddy-duddy old custom! The postcard Is now a classy new adver-' Using medium! Full of exclamation marks! Wish346 words
-
Article1843 1978-02-25 7 FORUM L J ...on investment By HOCK LOCK SIEW OUR educational system t has constantly emphasised c hard work and careful Uv- t lng and I was influenced by the Protestant work ethic even as a child. Competition was keen and I was entrenched in theBy HOCK LOCK SIEW - 1,843 words
-
Page 7 Advertisements
-
Advertisement219 1978-02-25 7 ng about KLM's ass is absolutely first class and more. Its special stands for a lot of privileges. 5 allowance is 50% higher. Your luggage i the plane for a fast getaway. You are entitled to :heck-in facilities at airports. And exclusive s lounges to relax in. too good to219 words
-
-
Page 7 Miscellaneous
-
Miscellaneous32 1978-02-25 7 7T--1» n his wea eer o/e£ it... GFfoer 'RewoisH ftffoiß 32*1 "=E* (jSSftMW®.■ •b A id• i«.jro >, a wea eer c'efc it...\n Times of stress one PuBuSH£R.. OU> No^\ WOHD6R wes DGfRESSCD.32 words
-
-
INTERNATIONAL STOCK MARKETS
-
Article627 1978-02-25 8 Tokyo Source: DBS Daiwa IN SPITE of the yen firming up on overseas markets, prices yesterday went up with speculative Issues leading the on news of a substantial increase in government Investment, electric power stocks. Including electric cable issues were on the tunny side. Government expenditure-related stocks wereSource: DBS — Daiwa - 627 words
-
Article321 1978-02-25 8 THE stock market clooed lower yesterday with BHP falling eight cents to A 55.20 and the Wales two to 55.18. ACI rose two to 1.58 and CBC one to 1.71 while EZ Industries fell 17 to 1.88, AQC six to 1.57, Central Norswman 50 to 8.70 knd Woodslde two321 words
-
Article375 1978-02-25 8 Source: SHK Sec PRICES opened fairly steady again yesterday with buyers just gaining the upper hand. Buoyed by the performance of second liners such as Wlnaor at 2.10, up 5 and City and Urban up 2 again at 1.12, blue chips firmed on very small turnover. Turnover increased marginallySource: SHK Sec - 375 words
-
Article130 1978-02-25 8 THE market closed generally lower yesterday with commercials and minings averages posting declines while oils were largely unchanged, dealers said. Turnover substantially to 4.77 million pesos from Thursday's 3.24 million. FEB 24 Peso* Acoje Mining 00M -0 0000 Atlas Con A 13.10 -0.3 AtluCon B 13.30 -0 3 Baguio130 words
-
Article156 1978-02-25 8 FEB 24 Bahts Asia Fibre 285 -a Bangkok Bank 407 Bangkok Invest. 418 unch Bangkok-Metro-politan Bank Bata 825 unch BerliJucker 520 unch Carpet Intnl 480 ♦S Charoong Thai Wire 440 -2 Dume* Dusit Thanl 382 -J Faber Merlin First Truat Genera Finance vao -3 Indo-Thai Industrial Finance Corp 3045156 words
-
Article1075 1978-02-25 8 New York A LAST minute push helped the D J industrial average eke out Its first gain In more than two weeks. Trading was moderate on Thursday. Analysts said the market was helped by a late afternoon government report of a 4.9 per cent rise in weekly1,075 words
-
Article216 1978-02-25 8 SHARE price* dosed lower In moderate trading on Thursday but sharp gains in the paper and transports Uon groups stymied a steep decline. The composite index was off more than a point and losses outnumbered gains 206 to 170. Closing volume totalled 2.544.422 shares against 2,907.957 shares on Wednesday.216 words
-
Article393 1978-02-25 8 EUROPEAN MARKETS PRICES closed centrally weaker on European bourse* on Thursday. However, In Zurich, share prices closed higher despite the dollar's decline. Among Insurance, small gains ana losses were about balanced. The Credit Suisse Index rose I.S points to 202.5. In industrials, Clba-Oelgy advanced in active trading393 words
-
Article214 1978-02-25 8 FEB a ru Ahold 97.50 -«.T Akxo 21 .ao -0 4 AMEV Ti.ao -0.3 Amtu 107 ao -0 8 Amrot Bank 71.10 -0 1 BSP" 102(0 -1.1 Bols 70 80 -fl.7 BonumlJ 140 70 -41 Burhmann 68 30 +0 1 Byenkorf 7« 40 -1 Calve Delft 174 00 ♦OS214 words
-
Article188 1978-02-25 8 FEB B Francs Actions Suisses Alusulaae Br Alutuisw Reg Brown Boverl Br. Clba Qelgy Br at* OtioPC Clba Oelgy Reg Ctcdlt Sultee Br Credit 8ume Reg DektrowattBr George Fischer Br Giobui Pc Hero Br Hon man -L* Roche 1/10 Holdert»nkBr Interfood Br Jelmoll Br Motor-Col um but Nettle Br188 words
-
Article199 1978-02-25 8 FEB a Aef-Telefunken Akso Alls Leber) Alls Vera BASF Bay H T Wbank Bay Vbank Bayer BBC BMW Caiaella Chem Verw Commerzbank Contl Oummt Daimler-Bern Defuaaa Demaj DeutscheBank DreadnerBank Di Texaco Dyckcrbof f ST A EnkaQlanas (jelaenberg OHH Hapaf-Uofd Harpener Hoachat Hoeacfi Horten Kali Sail Karaadt Kaufhof KHD Kloecknenrerke199 words
-
Article88 1978-02-25 8 FEB a Fr» Acee 223 •1 Arbed 2300 unch Ajtur 420 -2 Braacan 427 •I Bru-Lamb i4oe 4-4 CfcnpBr 4*5 ♦2 Cock MS unch Dr Berr« Ebea 2325 15 Electrobel 8000 30 Ob-tnno-Bm 1875 Ov 1230 Hobok 2405 Id -150 Petro 3885 -80 Ryl Dutch 1780 -20 Sidro 63e88 words
-
Article1397 1978-02-25 8 February 23 TRADING on the Chicago Board Options Exchange came to 74,299 contracts compared with 72,242 contracts on Wednesday. OPTION APL JLT OCT STOCK A •ICOA M 11/4 1 17/1 MM Alcoa 46 M UNTRD IM MM Alcoa M UNTRD NOL NOL MM Aim «0 UNTRD NOL1,397 words
-
Article270 1978-02-25 8 m a Fr» Air-Liquid* B8N OervaU QUWM C8F(Tho«neonOrf) CteFrancaiae deePetrote* Compacni* Financier* i Compacnie General* Credit Fonder D* France Hachette (Llbralrle) Machine* Bull Michelln (Bl Pariba* Pechiney Clfirve Kuhlmtnn Peuteot Philips (NtOco Bmn PrlntempaSA Rhone- Poulence 8A Royal Dutch Sues CM* Flnan De) Thomson-Brandt Uitnor 243 352 141.Ml 100.41270 words
-
Article251 1978-02-25 8 SELECTED gold shares were up to 29 cents off the bottom towards the cloee on Thursday following higher bullion lnd£ cations, dealers Mid. Earlier, in the absence cff overseas Interest, shares tendefl easier ahead of the dealers financial year end in quits trading, they added. Financial minings were mostly251 words
-
Article59 1978-02-25 8 FINANCIAL TOO INDUSTRIALS i Thursday Wednesday Week A*o 445.5. <m a. DOW JONE8 A VSRAQK INDUSTRIALS Thursday WKlne*U| Week Ago 1tO.M< 740.06' 753.W LONDONJMUJUI mniK t Thursday 81* to 81*,' Wednesday OH to V\ HJL HANG MM j mdajr Thursday WMk Ago 411.45' 4M.0T 410.08' Friday Thursday iOftoT59 words
-
-
Page 8 Advertisements
-
Advertisement293 1978-02-25 8 Why attracted so niany readers in its first year Because only The Journal gives people so muchof what tney need to know in business. The Asian Wall Street Journal is the only regional publication that provides Asia-wide business news every business day. With the most comprehensive reportage of regional commerce,293 words
-
-
INTERNATIONAL COMPANY NEWS
-
Article270 1978-02-25 9 ASIAN COMPANIES SUMITOMO Electric Industries has reported a sharp Increase In Its Interim earnings despite a marginal rls* in sales. for the first six months Sept 30, 1977, the payfcnt company turned in a marked 70 per cent rise In after-tax profit to .1.83 billion yen270 words
-
255 1978-02-25 9 THE Hongkong Bank Group, the largest banking group in Asia outside Japan, has opened a representative office in Houston. Michael J.S. Figg, the group's representative in Houston, said that the decision to open was prompted by tiie group's active participation in the growing business255 words
-
Article266 1978-02-25 9 Reuter CONSOLIDATED Goldfields of Australia (CGFA) has reported unaudited attributable operating profits of A 53.19 million (loss $121,000) for the halfyear ended Dec 31 on revenue of $109.80 million ($111.12 million). Tax amounts to $6.34 million ($3.99 million), with I depreciation of $8.43 million ($11.36Reuter - 266 words
-
Article143 1978-02-25 9 Reuter THE Commercial Bank of Australia (CBA) baa reported unaudited group operating profits of A 511.54 million (510.77 million) for the half-year ended Dec 31, on income of 5148.04 million ($123.02 million). Profit is after tax of $11.43 million ($10.36 million) and depreciation of $2.66 million ($2.14Reuter - 143 words
-
Article97 1978-02-25 9 Reuter SONY Corp., the Japanese electronics maker, said In New York it has developed a giant television screen, measuring:. 125 cm diagonally, for use in aircraft. Sony said the system uses its Betamax videocassette player and a video camera developed to project the images on a large screenReuter - 97 words
-
Article56 1978-02-25 9 HK CHINA GAS Reuter HONGKONG and China Gas has declared a final dividend of 27 cents (26) making a total of 84 80) for the year ended Dec 31, 1977. Books will close in April 10 to 15 (Inclusive). The company made a profit of HK $19.2 million ($16.38 million)Reuter - 56 words
-
204 1978-02-25 9 AMERICAN COMPANIES Reuter CARTER Hawley Hale stores Inc.. the West Coastbased department store chain, withdrew Its bid to acquire Chicago-based Marshall Field and Co. for about US$3BO million. Marshall Field had resisted the takeover attempt, launched last autumn. The California company said it "believes theReuter - 204 words
-
Article212 1978-02-25 9 Reuter POLAROID Corp., the world's leading maker of "instant" photography products, reported record fourth quarter and annual profits, but said snowstorms this year would hurt first quarter profits. Polaroid's fourth quarter profits were U5537,738 million, or $1.15 a share, a gain of 18 per cent overReuter - 212 words
-
127 1978-02-25 9 Reuter SHELL Oil Co said It expects the rate of growth of its capital spending, which averaged 30 per cent per year since 1975, to be moderate. In its annual report It said internally generated funds should provide a greater share of capital needs overReuter - 127 words
-
Article240 1978-02-25 9 EUROPEAN COMPANIES Reuter LONDON: Analysts expect Imperial Chemical Industries' pretax profit for 1977 to fall to between £488 million and £500 million from £540 million in 1976. Figures for the full financial year ending Dec 31 are expected to show turnover of between £4.6 billionReuter - 240 words
-
Article59 1978-02-25 9 BASLE: Clba Oelgy AO announced a one-for-25 rights issue priced at 200 francs per 100 franc nominal share and participation certificate. It also proposed 1977 unchanged dividend £22 francs. Oroup operating profit was 420 million francs for 1977 against 320 million In the previous year while operating59 words
-
Article374 1978-02-25 9 KARLSRUHE (West Germany) The Federal Supreme Court decided to disallow Quest, Keen and Nettlefolds talcing a 74.99 per cent stake In Sachs AO, quashing the ruling of the Berlin higher regional court of December I9vfl._ The Supreme Court said It decided the appeal of OKN374 words
-
293 1978-02-25 9 IMPROVING prospects for Kflts and sales at Green eld, the trading stamp company, were outlined In London, by Mr. Tom McAuliffe, the chief executive. The company would "definitely" make a profit for the year ending November. 1978, but It had no firm guide so far293 words
-
Article100 1978-02-25 9 THE French Michelin group, which is the world's third ranking tyre-maker after Goodyear and firestone of the US, expects to finalise plans this year to boost its foreign activities. Already wen established in North America, with about five per cent of the US and 10 per100 words
-
-
Page 9 Advertisements
-
Advertisement128 1978-02-25 9 > a- jt V r r <V v 3f ;,ri <#: *x §.0:< f;*'/ i J*X nr »v.*N f 'St* V,|N.* SINGAPORE v 1 a.- j&s**> ;>r PROSPERITY That is Singapore Business' wish to all our readers for the Lunar New Year. Our glossy red-and-gold package for you, the Singapore128 words
-
-
Article1414 1978-02-25 10 BID and offer prices officially listed and business In and to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lota of 1,000 units unless otherwise specified. All Time Settlement Contracts are quoted after the world "sett." Big Board deal1,414 words
-
Article120 1978-02-25 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 options traded shown In brackets. C and C (June 82.20) (0.578 0.668). F and N (March $3.10) (0.408 0.455). (June120 words
-
Article179 1978-02-25 10 4 3/4% 1/5/79 (250.000) (100.608 100.70S) 5 1/4% 15/10/79 (250,000) (101.208 101.255) 3/4% 15/S/80 (250.000) (103.808 104.00S) 4 3/4% 15/9/80 (250,000) (99.608 99.705) 6 3/4% 1/12/80 (250.000) (103.70B) 5% T F 15/4/81 (250,000) (101.70B) 5% T F 15/10/81 (250,000) (101.55B) 5% T F 1/5/83 (250.000) (100.108 100.20S) 5179 words
-
Article194 1978-02-25 10 B O T 8 1/2% 1981 (100.000) 101 ftS) B O T 7 5/8% 1964 (100.000) (95ftB 965) B O T Floating 1964 (100.000) (99ftB 99ftS) C Itoh 8 1/8% 1964 (100.000) (95ftB 96ftS) LTCBJ 1982 (100.000)(99ftB 100 ftS) L T C B J 1963 (100.000) (99ftB 1008)194 words
-
Article158 1978-02-25 10 SINGAPORE UNIT TRUST l.MO.ME BOND UNIT (Maaageri' price for Feb 27) ICurraat pi rttMl The Commerce 1.77 1 88 INCOME BOND 1 09 1.16 The Saving Fund 1.09 1.16 0.84 0.89 S pore Pro* Fund MARA BUMIPUTRA FUND S'pore Security (Muugeri price* for Feb 77) Fund 1.65 175158 words
-
Article1461 1978-02-25 10 BID and offer prices officially listed and business In and 1 reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets In »-■< l lots of 1.000 units unless otherwise specified. INDUSTRIALS A una (1.606). '"■•Ahtm (2.618 2.635). I1,461 words
-
Article2382 1978-02-25 10 unnm High Low Laat Safe +mOr** Dtv Dtv Or rw Net P/l Val 0666) Day fflgk Law SECTION ONE INDUSTRIALS 158 266 119 200 88* 227 169 291 422 146 132 185 58 212 57' 155 144 182 350 91 Anna Alcorn Allied Choc Bata Ben Bo2,382 words
-
Page 10 Advertisements
-
Advertisement711 1978-02-25 10 ill sinoapura FORUM® HOTEL ABMMndM* mi l 188 Orchard Road, S'pore 9. Tel: *****2 fli)i4twlo Hotel 408/407 Havelock Road, S'pore 3. Tel: *****1 ii Pebble Bar Come and be enchanted by the repertoire of the dynamic duo Adam and Ben (appearing for a short season only). Daily (except Sunday) open711 words
-
-
Article, Illustration541 1978-02-25 11 i SINGAPORE •TRADING picked op iMpm«utb toward* tte idtaiatkiSltdiEnhufi 'of Singaporeyeeterday with jprieee fhliMi alnJ v Two first section ia(hHtritlt war* il*<M out for m w nyport. TV*** w*r* Boustsad and n larssliasate. It wn reported that Boustead performed well for it* flnsncial year Just ended541 words
-
Article449 1978-02-25 11 SOME fresh buying and covering Interest ahead of the weekend pushed the Kuala Lumpur stock market moderately higher yesterday. After three days of indecisive and erratic price movements, shares were traded on a steadier bias right from the opening bell. However trading conditions remained generally slow as449 words
-
COMPANY NEWS
-
Article145 1978-02-25 11 CHiiiwUIM tSf"* n sTP(im) ylTmlSSr*. M.yi nllirt,! Omi t* DM IMhr DM payaMt dMrw 5*(b) Jan 30 MM S* 1 20S P»bS P>bM xm is* Feb 2 r»bn «o* < 45%(n) J«H Marl to* 1 19% *W»1« Marl »H 17.8* r»bl4 Mar J 17 J* J 10H(b) Ptbis145 words
-
-
426 1978-02-25 11 ON THE first of two busy days for United Asbestos Cement, the company yesterday signed the documents for a 917 million consortium loan which will be used for a major expansion of its pipe making capacity. To-day UAC holds a shareholders' meeting to vote426 words
-
LATEST RESULTS
-
Article65 1978-02-25 11 Pretax profit M 97.17 million (95.03 million) for the six months ended Dec 31,1977., Turnover 925.4 million (921 million). Interim dividend of 7 1/2 per cent recommended. New share Issue of 1,800,000 91 each to Malays, Malay Investment com- panies or other Malay interests nominated by the65 words
-
17 1978-02-25 11 Pretax profit M 5172,718 ($809,488) for the year ended Aug 31, 1977.17 words
-
-
Article67 1978-02-25 11 CHARTER Consolidated said it has been appointed registrars in the UK, In place of Lloyds Bank Ltd, to the following companies: Beriuntai Tin Dredging Bhd, Kampong Lanjut Tin Dredging Bhd, Kaznuntlng Tin Dredging (M) Bhd, Kramat Tin Dredging Bhd, Kuala Kampar Tin Fields Bhd, Lower Perak Tin Dredging Bhd,67 words
-
Article, Illustration768 1978-02-25 11 ARTHUR HG - By ARTHUR HG SOME 200-odd individual shareholders of South But Asia Development Corporation will be able to reap a blner harvest from their holdings in this counter. For market vmspers nave it that this blue chip company has once again bettered its results for768 words
-
Article354 1978-02-25 11 THE Partt Perak group's results for the current first half ended Dec 31,1977 have shown a slight improvement with a Toss of $17,008 reported against a loss of $24,320 last time. This means little In terms of the plantation holding company's earnings capacity for the354 words
-
Page 11 Advertisements
-
Advertisement394 1978-02-25 11 i I HOTEL IINOAPONI Tanglin Circus, 9'pore 10. Tel: *****1 Marco Polo Lounge A superb business meeting place for after-five Relaxed, comfortable and set In the home of businessmen. Car valets in attendance. HOTEL ROYAL-RAMADA Newton Road, S'pore 11. Tel: *****1 We've got it all together Golden Mikado Cantonese Cuisine394 words
-
-
Article1214 1978-02-25 12 SIVA ARASU - BOLD EXPANSION BY ASEAN AIRLINES By SIVA ARASU DEMAND for avionics aircraft electronic devices In Asean will grow at the rate of 30 to 40 per cent each year In the next three years. The market at the moment stands at U5925 million (5557.8 million).1,214 words
-
Article, Illustration511 1978-02-25 12 AP Reuter THE US Department of Commerce said a major effort to revive economic expansion in Japan now appears to be underway. "Japanese officials last year announced they would provide additional fiscal stimuli to achieve a 7 per cent growth rate inAP; Reuter - 511 words
-
Article381 1978-02-25 12 AFP Reuter THAI International will be the first airline to use the Amber One corridor over Laos and Vietnam at 7 a.m. on March 23. An official source in Bangkok said the plane would be carrying Thai Prime Minister General Kriangsak Chamanand leaving that day forAFP; Reuter - 381 words
-
Article746 1978-02-25 12 LONDON, Frl. The market closed mixed after a quiet session and at 3.00 p.m. the Financial Times index was down. 2.9 at 442.6. Market sentiment was; overshadowed by ICl's results. Short-dated government bonds met some Investment demand and rose up to <4 point. Gold shares came off the746 words
-
219 1978-02-25 12 MR. LEE Kuan Yew will address delegates at the Asia-Pacific Council of American Chambers of Commerce (Apcacc) meeting tonight. The Apcacc meeting opened yesterday with 5€ local delegates and 80 from American chambers of commerce in the Asia-Pacific region embracing Australia, Hongkong, Japan,219 words
-
Article277 1978-02-25 12 THOUGH it ts undervalued in terms of purchasing power, the US dollar wilt continue to remain in a state of flux until a more definite American energy programme Is announced. This will not emerge until end-March. "Until then, it Is Impossible to take any precise outlook277 words
-
627 1978-02-25 12 AP Reuter PRESIDENT Carter's Administration proposed that the US Treasury be required to report to Congress every two years on the tax laws relating to Americans working abroad, including government employees. Acting Assistant Secretary for Tax Policy Donald Lublck conveyed this proposal toAP; Reuter - 627 words
-
Page 12 Advertisements
-
Advertisement207 1978-02-25 12 ©p^ Up** N7 €0 X >s <rA 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 amongst friends, colleagues or at social functions amongst acquaintances. That's why very often you find many people crowding round.one person.207 words
-