The Business Times, 7 March 1978

Microfilm: NL9627
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    10 1 BUSINESS TIMES M.C.(P) No. 218/1/78 TUESDAY, MABCH 7, 1978 50CENTS
    10 words
  • BRIEFLY...
    • Article
      Lock icon Trawlers beware
      47 1 AFP KUALA LUMPUR, Mon. Police helicopters equipped with cameras will be Introduced soon to undertake aerial surveillance of the Malaysian coastline. The helicopters will supplement the efforts of the Royal Malaysian Navy and the marine police In preventing foreign trawlers from entering Malaysian waters. AFP
      AFP  -  47 words
    • Article
      Lock icon HK productivity
      57 1 Reuter. HONGKONG, Mon. Hongkong's labour costs are high In Asian terms, but so Is Its productivity a leading trade official said. Commissioner for Industry and Customs, Mr. Bill Dorward, said, "Labour costs are high compared with most Asian countries other than Japan and Singapore. But so is productivity
      Reuter.  -  57 words
    • Article
      Concorde talks
      51 1 KUALA LUMPUR, Mon. The negotiations between Britain and Malaysia on overflying rights for the stalled London-Singapore Concorde service resumes here on Friday, sources said. British Under-secretary of Trade George Rogers expected to return here this week for the talks. They are expected to last for two days or
      51 words
    • Article
      Asean meeting
      47 1 KUALA LUMPUR, Mon. Top Asean officials will meet in Manila next month to take up the Australian proposal for an Asean-Australlan industrial cooperation conference in Canberra. According to reports from Canberra, it was proposed that the meeting be held In Melbourne between June 19 20.
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    • Article
      Lock icon Odd man out
      66 1 AFP WASHINGTON, Mon. The industrialised nations generally recorded a good Improvement in their trade figures last year, the United States being a noteworthy exception, the IMP said here. The overall deficit of these countries rose from US$35 billion to $40 billion (5582.1 to $94.4 billion). But this
      AFP  -  66 words
    • Article
      Lock icon Another big leap
      86 1 UPI. HONGKONG, Mon. China's grain production will Increase by 150 million tonnes and steel output will triple to 60 million tonnes by 1985 under a development plan approved by the sth National People's Congress, the New China News Agency said today. The ambitious revised 10-year (1976/85) plan
      UPI.  -  86 words
    • Article
      Lock icon Bahraini contract
      58 1 AP. NICOSIA, Mon. The Bahrain National Oil Company (Borneo) has awarded a US$72 (Ssl66 million) contract to the Japan Gasoline Company for construction of its gas gathering and processing system. The Middle East Economic Survey said the project is designed to process about three million cubic metres of
      AP.  -  58 words
    • Article
      Lock icon Resident ruling
      50 1 Reuter. ZURICH, Mon. The Swiss National Bank has announced that 05 per cent of new bonds, private placements and syndicated credits floated In Switzerland by foreigners must be placed with residents. This applies to all transactions where capital export application arrives at the bank from today onwards. Reuter.
      Reuter.  -  50 words
    • Article
      Lock icon Dow Jones
      62 1 UPI NEW YORK, Mon. Stocks headed broadly lower early today in reaction to the United Mine Workers Union rejection of, a contract to end a crippling three-month strike. As a result, the Dow Jones industrial average was off 3.11 points to 744.20 shortly before 11 a.m. Declines outnumbered
      UPI  -  62 words
  • Chief Price Changes
    • Article
      In Singapore yesterday
      117 1 Rises Most active Perak Carbide JELtviipttn 83 +7 Perak Carbide 286.000 282 +6 A. P. I. 208.000 High ft Low 239 +6 F. Merlin 113,000 Allied Choc 124 T'ganu Developments 100,000 Emo 255 +5 Total Turnover: 2.14 m U AC 245 +5 Total Value: S 3.33 m
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    • Article, Illustration
      In Kuala Lumpur
      172 1 Rises Most active N.8.T. Malayan Tin SYN Realm Conaol Pit P. Carbide 5.35 i 10.30 1.03 4.95 0.83 .10 .10 .06 .07 .061/2 Perak Carbide Trengganu Dev. A.P.I Sim Llm 309,000 264,000 258,000 196,000 T'aanu Dev Cold Storage FandN 1.38 2.16 3.82 •f .06 .06 .06 Total
      172 words
  • Article, Illustration
    Our firm dollar exacts a price
    920 1  -  THREAT TO TOURISM EARNINGS •r JOHN TAN THE SINGAPORE dollar has remained firm In the current international monetary upheaval, appreciating in recent months against not only the US dollar but also the Hongkong, the Australian, the Malaysian dollar, and even sterling, among the more
    920 words
  • Article
    Lock icon SUDDEN RALLY
    158 1 Reuter THE US dollar plunged below the two-mark (552.30) level yesterday on European foreign exchange markets, but later rallied. With dealers reporting an extremely nervous market, the US currency seemed set to continue Its slide which has unsettled global money transactions. After going to new lows, the dollar
    Reuter  -  158 words
  • Article
    Oil payment in US$ to continue
    447 1 WORLD oil exporters may Increase their dollar prices but will not abandon the U8 unit as the currency In which oil payments are made. Saudi Oil Ministry undersecretary Abdel-Azlz AlTurkl told the newspaper, Al-Rlyadh, yesterday that member-states of Opec were considering the possibility of
    447 words
  • Article
    PACT WITH SWISS
    251 1 By PETER CHIA SINGAPORE and Switzerland yesterday signed an agreement to promote and protect their Investments. The agreement provides for a fair treatment of Investments, the free transfer of capital between the two countries, and adequate compensation If Investments are expropriated. The delegate of the Bwlss Federal
    251 words
  • Article
    Lock icon Japanese surplus placed at $30b by EPA
    306 1 Reuter. JAPANESE Economic Planning Agency directorgeneral, KUdrt Miyssswa yesterday said Japaa's current account surplus for fiscal 1977 endiag this month is likely to reach between US$l2.5 billion and $13 billioa (between 8528.75 billion and Ss3o bUttoa), far abeve the October revised government forecast
    Reuter.  -  306 words
  • Article
    Improvement in Tang's margins lifts profit
    614 1  -  MANO SABNANI REFLECTING the rising demand for consumer goods, O.K. Tang has unveiled another set of record results for the year just past. Pre-tax profit for the 12 months to Dec 31, 1977 rose an impressive 36.3 per cent to cross the $3 million
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      27 1 Wiyfbong MAF A lending hand when Wayfoong Mortgage you need and Finance (Singapore) Liriijted it tTIOSt Shaw House Ground Floor, 554 Orchard Road, Singapore 9. TH: *****7.
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      Page 1 Advertisements Column 2
      43 1 SEE BACK PAGE CITROEN CX 2400 PALLAS has proved to be such a cartough efficient elegant ip •S#' «v«P^ |Hj IJ MEfIRV nnc RGEfUIES PTE LTD BPUNt AGtM HK LIA '< C F DIST PiHOTQriS 144 B JALANCHLvALILROA\DARStP Bfc GAW A frRuME I TEL
      43 words
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      Page 1 Advertisements Column 3
      64 1 SHIPPING TIMES DUNLOP qPN A—— market SELANGOR —Mn »»i«ii part imh ITALIANS tttbi Sinfiporc mm trade but .7717.77?....... SHIPPING industries heading for treacherous waters TM nay hold the key to your TIPB for the eeeeerratire iaFOBUM:' Thit KUALA Lumpur Kepoac on FOREX conduct aad the baaks GERMANS to eet up
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      Page 1 Advertisements Column 4
      133 1 APS ELECTRONICS (PRIVATE) LTD 6itfGAP&lt 'T* *****4 (5 Lm«t) APS ELECTRONICS (M) SON BHD KUXLA LUMPUR T« 03-*****0 TWO THIRDS OF THE EARTH IS COVERED BY WATER, THE OTHER THIRD BY RICHARD ELLIS. No idle boast, this. For in recent months, partners of Richard Ellis have travelled to undertake property
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  • TRADE AND INDUSTRY
    • Article
      MEMO PAD
      230 2 DATE TITLE COUBSES AND TALKS LOCATION ORGANISER Feb 13 Administrative Mar 31 management Mar 4 11 Business strategy: Formulation and Implementation Mar YWCA, Marine Parade SIM Conference Room University of Singapore SIM 4 11 Mar 5-11 Mar 6 7 Mar 6-15 Mar 6-17 Mar 6-17 Mar Telephone Techniques
      230 words
    • Article
      Dunlop eyeing larger slice of Asean mart
      651 2  -  By CHARLES CHAN in Kuala Lumpur DUNLOP Malaysian Industries. the largest tyre, manufacturer In Asean, Is pushing hard to get a bigger slice of the Asean market for heavy-duty tyres. The company believes It has a good case for Asean preferential rates and
      651 words
    • Article
      Hopeful year for textile printing screens
      352 2 AN AMERICAN Singapore Joint venture producing perforated rotary screens for textile printing, expects demand for its products to pick up this year in line with the general increased optimism of the textiles industry in the region. Mr. M.R. Nagarwalla, general manager of Rotary Screens
      352 words
    • Article
      Apprenticeship for1 precision engineering
      269 2 Apprenticeship for 1 precision engineering THE Economic Development Board is again offering opportunities for young Singaporeans to acquire skill in the precision engineering Industry through Its apprenticeship scheme. There are 260 places for the July Intake with preference given to National Service reservists and female school-leavers. Successful applicants will be
      269 words
    • Article
      Lock icon Indonesian non-oil exports are up
      185 2 Reuter. INDONESIA'S earnings from Its major non-oil commodities last year rose to U812.71 billion (556.3 billion) from only $1 billion in 1970, the Bank of Indonesia said. Coffee exports rose to $613 million in 1977 from 1249 million in 1976, timber $921 million, tin $236
      Reuter.  -  185 words
    • Article
      Italians staging trade push from Singapore
      196 2 ITALY wmU like to iaer«»M its trade with Singapore. This is trUmt bw the ItaUu |«T«nuMt sponsoring 42 companies ia two trade exhibitions this month, nld Italian Ambas- aador Franco Ottieri, yesterday. The exhibitions are the Singapore International Building Exhibition (Sibex) and the Siugnpore
      196 words
    • Article
      N.Korean mission here
      82 2 THE North Korean VicePremier of the Administration Council and Minister for External Economic Affairs, Mr. Kong Jin Tae, arrived In Singapore yesterday morning. Members of his delegation include the VlceMlnlster for Foreign Affairs, Mr. Ho Oyong. During his three-day official stay here, Mr. Kong will have discussions
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    • Article
      Lock icon India buys more oils
      93 2 Reuter. INDIA plans to Import 950,000 tonnes of edible oils this oil year which began last November, Commerce Minister Mohan Dharla told the Indian Parliament. This Is higher than the estimate contained In a background paper prepared for a parliamentary consultative committee last January, which projected
      Reuter.  -  93 words
    • Article
      Not with Sime
      30 2 MR. HERBERT Loke Is with St. Regls-ACI, the Australian manufacturer of insulation materials and not with Sime Darby as reported in a recent issue of Business Times.
      30 words
    • Article
      Partners wanted for Langat tin venture
      308 2 NEGOTIATIONS are under way between the Selangor state covernment and several local and foreign companies to launch Joint mining ventures In Kuala Langat, Kuala Selangor and other arcshs in the state. This was disclosed by the Mentri Besar, Datuk Hormat Rafie at the launching
      308 words
    • Article
      Lock icon Japan asked to open door to forest products
      371 2 AP OFFICIALS from the US government and the states of Washington and Oregon arrived in Tokyo yesterday to seek Japanese orders for more forest products. Washington Land Commissioner Bert Cole, Oregon economic development director Dan Ooldby and representatives of the US Departments
      AP  -  371 words
    • Article
      Bisequip will show you the latest
      114 2 ABOUT 25 US firms will display a wide range of automated business and banking equipment at a four-day exhibition at the US International Marketing Center In Somerset Road. The show, Bisequip '78, on March 26, will highlight the latest American applied technology in commerce.
      114 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      323 2 Slow boat from Hi**! vH w > <90 CHINA TRADE QUARTERLY BT Far East Publications gy 1913, Hanglung Centre, Peterson Street, Causeway Bey, Hong Kong. Please enter my full subscription to China Trade Quarterly. lam enclosing a cheque/money order for US$2OO.OO or equivalent in other currencies. I IPleese forward issue(s)
      323 words
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      Page 2 Advertisements Column 2
      0 2 *`]^<<.[`[!>/[)=~|<[===_,)'^\:=
      0 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      609 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 4 Held to be receiving attention (2, 4) 7 Check that soldiers try really hard (8) 9 He geta a goon out of the way (9) It Mediterranean and oceanic part of Prance (5) 11 Some writing for a Job (4) U Spotted going south,
      609 words
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  • OVERSEAS
    • Article
      Lock icon US farm goods find vast market in Russian bloc
      443 3 AP EXPORTS of grain and other commodities to communist countries have shpwn a phenomenal KTpwth since 1970 and are likely to continue. ''The thrust of this trade is directed towards satisfying a growing consumer demand, and to fill this void the
      AP  -  443 words
    • Article
      Lock icon Experts wrong again on US money supply
      633 3 NYT. THE United States' basic money supply checking account deposits and currency In circulation has been growing much more slowly than expected. In fact, the money supply shrunk a little in February. Three weeks ago, Wall Street economists and London traders somehow came
      NYT.  -  633 words
    • Article
      Lock icon Swedish ideas on who should be boss
      445 3 UPI. THE Social Democrats and the trade unions have Jolntly announced a new proposal that could conceivably permit employees to manage most of Sweden's large privatelyowned businesses In the future. It was similar talk during the 1976 general election campaign that helped toss
      UPI.  -  445 words
    • Article
      Lock icon More aid for farmers
      339 3 Reuter. ARGENTINE Agriculture Secretary Mario Madariaga yesterday announced the government's agricultural policy for the *****9 crop year, under which wheat growers will receive Increased assistance and a guaranteed minimum price for the new crop. He said in a ceremony at Leones, marking the start of the
      Reuter.  -  339 words
    • WORLD IN BRIEF
      • Article
        Lock icon SUPPORTERS IN MINORITY
        507 3 Agencies. A MERE 16.6 per cent of Japanese voters support the government of Prime Minister Takeo Fukuda while 46.3 per cent oppose It, according to a survey released over the weekend. A poll of 2,000 adults conducted last month by Japan Research Centre, a private polling organisation,
        Agencies.  -  507 words
    • Article, Illustration
      Lock icon TOKYO TO CLARIFY TREATY CLAUSE
      187 3 UPI. JAPANESE Foreign Minister Sunao Sonoda (above) will make a verbal statement clarifying the controversial Anti-Hegemony clause in order to reopen the Japan China Peace and Friendship Treaty talks, a leading Tokyo newspaper said yesterday. The Yomiuri Shimbun, quoting government sources, said agreement on Mr.
      UPI.  -  187 words
    • Article
      Lock icon Review of copper cuts
      155 3 Reuter. A MINISTERIAL conference of the lnter-fovern-mental Council of Copper Exporting Countries (Clpec) In Kinshasa, Zambia, In June will assume more significance now that some member countries, Peru, Zambia and Zaire have agreed to a 15 per cent cut In copper production. The conference, expected to
      Reuter.  -  155 words
    • Article
      Strauss is confident of success at Geneva talks
      184 3 TRADE negotiations in Geneva, boned down for more then three years, can be completed this year, thus ending the world drift towards protectionism. President Carter's trade expert. Robert Strauss said. Firm, bard negotiations are going on I think we're going to complete
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    • Article
      Lock icon Carter will flex his muscles to end coal strike
      678 3 Reuter, NYT. PRESIDENT Carter yesterday revealed the tough legal action he will take to end the nation's record pit stoppage when the settlement which he endorsed was rejected overwhelmingly by striking miners. White House press secretary Jody Powell said on Sunday
      Reuter,; NYT.  -  678 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      160 3 SEE PAGE We have the numbers for Brunei. First of all we have the telephone number that will guarantee prompt efficient bookings to Brunei. From sth March Royal Brunei Airlines will take over their own reservations operation. Now if you want to fly with friends to Brunei just ring *****72.
      160 words
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  • RAW MATERIALS
    • Article
      LOCAL AND FOREIGN RUBBER MARTS
      273 4 THE Singapore market closed slightly easier with March One RSS buyers quoted at 204.25 cents per kilo, down 1.25 cents from last Friday's close. Afternoon prices lost further ground on stale bull liquidation. Values eased further after the close on short-co-vering. The market closed the
      273 words
    • Article
      Closing prices
      30 4 Rubber: March i: Singapore: March 204.25 cents (down 1.2S cents) Malaysia: March 207.50 cents (down 1.00 cent) Tin: 51.544 (down M) Official offering: 255 tonnes (i 35 tonnes)
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    • Article
      RAS PRICES
      358 4 Prices in cents per kilo yesterday: Close Noon (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 K S.S prompt f.o.b. 205 50 v 205 75N 204.25 204.75N Int 1 R S.S March 205.50 205.75 204.25 204.75 lilt 1 RSS April Int 2 R S S. UK/Cont
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    • Article
      SSR AND SMR
      104 4 NOON SSR prices yesterday: RAS March April (Current Nil) (Forward Mth) Buyer* Seller* Buyer* Seller* (cei iti per kg) (cent* per kf) SSR 20 (1-ton pallet) 194.00 196 OON 195.00 197.OON SSR SO (1-ton pallet) 192 00 194.00N 193.00 195.OON MRELB SMR5CV (1-ton pallet) 214.00 216 00N
      104 words
    • Article
      Produce exchange
      258 4 MIXED conditions ruled In quiet trading at the Singapore produce market yesterday. Most pepper grades were quoted lower by the Singapore Chinese Produce Exchange. The heaviest fall was recorded In Muntok ASTA white which was quoted at $415 per plcul f.0.b., down $5, while Lampong black Asta held
      258 words
    • Article
      Hongkong comex
      394 4 The sugar market closed yesterday easier In quiet trading. Trading was restricted to July, September and October. Losses ranged to around US0.36 cents on trade houses selling offset slightly by commission houses buying. Turnover was unchanged at eights lots, while the Hongkong dally spot sugar price fell US0.10
      394 words
    • Article
      Sugar
      147 4 SUGAR futures in London yesterday eased under mixed selling by C 3.65 to £2.05 to close the morning at or just above the lows. Turnover totalled 1,746 lots Including 22 options. Dealers said the trend was largely based on tone, as was the C 2 reduction in the London
      147 words
    • Article
      Rice
      204 4 BANGKOK rice prices were quoted as follows yesterday: (US dollars per tonne fob basis, Bangkok): While Rice: 100 pet Ist class 412, 100 pet 2nd class 397,100 pet 3rd class 392. 5 pet 383. 10 pet 370. 15 pet 365. 20 pet 360 25 pet 352. 35 pet unq.
      204 words
    • Article
      Cocoa
      207 4 TERMINAL cocoa In London yesterday moved to new 1978 contract highs during morning with the exception of spot March, to close with gains from Friday of £86 to £37.50. Turnover totalled 2,468 lots including 24 options and 565 lots crossed. The rise which incorporated a £40 limit advance in
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    • Article
      Coffee
      94 4 ROBUSTA futures in London yesterday ended the opening call officially "steady* £13 to £1 down from Friday's close. Turnover was 220 lots. Trade buying emerged at the lower levels to absorb dtaler and commission house selling which made for a steady end call after Initial losses of up to
      94 words
    • Article
      Copper
      123 4 COPPER wire bars finished in London yesterday morning with losses of £5 for cash and €4.50 for Three Months. The relative firmness of sterling against the dollar and poor physical demand prompted modest profittaking and values gave ground on the pre- market, dealers said. There was a flurry of
      123 words
    • Article
      Silver
      48 4 SILVER closed 0.1 pence higher to unchanged in London yesterday. Values were modestly lower in the early premarket reflecting the relative firmness of sterling against the dollar. But covering prompted by higher gold subsequently rallied the market. About half the turnover of 31 lots was In carries.
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    • Article
      Straits tin
      142 4 THE Btralts tin price In Penang eased ll>4 per plcul to $1,644 Values were marked lower following the slight Increased In tin metal contribution by miners over the weekend and the easiness In London last week. Turnover rose to 2.15 tonnes from 220 tonnes on last Saturday. In
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    • Article
      Gold
      202 4 THE kllob&r In Singapore opened at SS13.823 and closed at $13,790. In London the metal opened US$1.70 higher at 1185.40/70, due to weakness in US dollar. After opening, It rallied to a high of US$185.85/95 before profit-taking came In and depressed the market to close lower at US$185.20/50. The
      202 words
    • Article
      Zinc
      66 4 ZINC finished the ring with gains of £5.50 all round in London yesterday. Values worked steadily higher throughout the session as modest buying of cash together with forward short-covering and trade buying found sellers generally reserved. The movement took Three Months up to £262 In the ring but profit-taking
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    • Article
      Lead
      57 4 LEAD closed with gains of £0.50 for cash and £1.50 for Three Months. The market fluctuated in line with the movements In copper, dealers said, although the volume of business was light. Early profit-taking in the 6 re-market took Three [onths down to £297 but short-covering in the ring
      57 words
    • Article
      Dry weather could push soy prices up
      285 4 SOYREAN prices could "rise modestly" in the next several weeks if the Brazilian soybean belt remains dry, lowa State University Extension economist Robert Wisner predicted in the weekly agronomy review. Rut large soybean supplies appear likely to prevent "a major price increase" unless
      285 words
    • Article
      USDA forecast on peanut output
      132 4 THE US, Agriculture Department has forecast increased Brazilian peanut production (In shell), at 340,000 tonnes In 1978 against 324,000 tonnes in 1*77. The Usda publication, Foreign Agriculture" estimates Brazilian 1977 peanut oil exports at 47,000 tonnes, about half 1976 exports and peanut meal exports at
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    • Article
      Lock icon STORMY TIMES FOR SRI LANKA'S TEA
      1068 4 Financial Times News-Features SRI Lanka tea Industry, which has been in bad shape since the takeover of the plantations In 1975, is facing the worst crisis ever since the first Scottish planters introduced the tea plant in this Island a little over a century
      Financial Times News-Features  -  1,068 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        433 4 IN SINGAPORE the US dollar plunged to a new post-war low against the Japanese yen on the foreign exchange market yesterday as dealers reacted to reports that striking US coal miners had rejected a tentative settlement over the weekend. Opening at 236.47/ 57 against the yen in the
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      • Article
        Minimum lending rates
        219 4 THE AVERAGE prime rate of banks in Singapore stand* around 7 par cent, with the range running between 6V« per cent and 7V« per cent. Overeea-Chinese Ranking Corporation is at the lower end of the range while a number of banks, including Citibank and Development Rank of
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      • Article
        Asian $ rates
        161 4 Asian rates ASIAN currency deposit interbank rates u at clo»e on March U8 Dvllai Offer "£T' 7 day* 1 mth 2 mtha 3 mtlu 6 mtlu mtlu 12 mtlu 7 7 1/1 .7 1/4 7 3/8 7 13/10 7 7/8 a 7 7/8 7 7 1/8 7 1/4 7 11/16
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      • Article
        Discount
        45 4 RANOB of prtCM offered by dttci houses on Mar Orermcht 1 1/4* Call deposit 3 1/4* CM* t B«yta« 3-Month Treasury Mils 31/4 si/a 3-Monti) Bank Mill 4 14/18 413/16 3-Month CD 5 V16 51/14 •-Month CD 91/3 991 Source: National Discount Co Ltd.
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      • Article
        Frankfurt
        44 4 FRANKFURT exchange* opening quote* on Mar m US l .BMS/W can i mono Stertti* 3 875^885 D FI ann 8 Fr 108 00/100 )0 Lit 2.394/364 F FT 42.09/29 N Kr 37 87/38.07 B Ft (con) 8.38/48 B Fr (fin) 8.38/40 Ten 0.8486/S5lO
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        London
        230 4 DEALERS said yesterday the dollar fell sharply in the first minutes of trading against major currencies but then staged a rally in nervous, thin trading. The main depressant on the dollar cited by dealers was the rejection by US coal miners over the weekend of proposals to end their
        230 words
      • Article
        Hongkong
        113 4 THE US dollar closed yesterday sharply lower but above its day's lows at 1.9940/60 marks in active trading from its New York Friday close of 2.0180/ 0220. It closed around the day's low at 235.00/15 yen after opening at 235.60/ 236.00 below its 236.95/ 237.15 Friday New York close,
        113 words
      • Article
        Tokyo
        143 4 YESTERDAY'S dollar for overnight delivery closed at 235.20 yen, after falling to a post-war low of 235.05 yen at one point In midafternoon, compared with a 236.90 opening and 237.15 at Friday's close. The Bank of Japan bought an estimated $500 million, mainly at 236.50 yen in morning trading,
        143 words
      • Article
        Eurobonds
        282 4 Straight* Bid Offer FFI Stg 9*» 87 98.12 98.87 Coutaulds stg 9*. 89 98.00 88.75 E185tg9%.92 .87.75 88.50 Flsonsstglo*B7 101.00 101.75 1nc992 87.12 87.82 1nc08%84 88.37 88.87 Spartan kernu BV. 88 87.00 88.00 Shell 6K 90 96.25 86.75 SNCF6*B4 98.50 98.00 EIB BSBB 96.25 88.75 E388V.93 86.00 98.50 ECSCBHB9
        282 words
      • Article
        Euro $ rates
        78 4 Euro rates LONDON Eurodollar deposit trading was light to moderate at the outset with rates holding basically steadv vesterdav. LONDON Eurodollar deposit! opening quotes on Mar 8: Overnight 6-15/16. 6-11/16 Tues/Wed and Wad/Thur* 6-15/16, 6-13/16 Gall two days 8-15/16, *-11/16 Seven days fix and notice 7, 8-7/8 One mtti 7-1/8,
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      • Article
        Australia/NZ
        51 4 AUSTRALIA/NX exchanges Tfltr on Mar 8: AUSTRALIA: US dollar 1.1468/1.1361 Sterling 0 9800/0 9834 Ninety-day Mr mall buying rates: Starting 0.8860 U8 dollars 1.1791 Ninety-day forward buying rates: Sterling 8.9868 US doflan 1.1708 MEW ZEALAND: Sterling 6.9381/0.9273 US dolhr 1.8311/***** Ninety-day airmail buying rates Sterling 0.5417 «T US dollar
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      Page 4 Advertisements Column 1
      137 4 Don't let the language barrier stop you from wider contacts r Of WA -r /a m \V c\ o* '■■■iA Y >V> mt nN 4. S „Vi xN^ \€s s o o xe \N c\ v,\e «< S*#»o* rtO ¥3 :rt <■ pi hi YOU SIMPLY CANNOT FAIL WITH VISAPHONE.
      137 words
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  • TRANSPORT
    • Article
      Lock icon SHIPPING HEADING FOR THE ROCKS
      1290 5 NYT. SHIPPING industries in Western industrial nations and Japan are in deep trouble, caught by a lingering glut in global capacity that hms idled a third of the 'World's tanker tonnage and £ttt the shipbuilding business in half. The excess ship capacity the legacy of
      NYT.  -  1,290 words
    • Article
      The United States Lines
      321 5 UNITED States Lines (USL) was incorporated In 1873 and now operates a fleet of 38 modern vessels Including 16 high-speed, high-capa-city contalnershlps on its trl-contlnent service between Far East and South-east Asian ports, the west and east coasts of the US, Panama, Costa Rica and Europe.
      321 words
    • Article, Illustration
      SHIPS IN PORT
      491 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Car Liner No. I (JBUE) (Car carrier) (2300 after Tennessee) 6/7 Ellen Bakke (after Susan Maersk) 38/39 Fujlakl Mam (Tanker JQDA) (1200 after Palm Sea Horse) 15/16 "Irmgard Jacob (1700) ?V26 Jocelylne (after Kota Slngapura) 45 King Sun (1500 23 Marco Polo
      491 words
    • Article, Illustration
      THE FAMILY IS COMPLETE
      150 5 THE ANRO Consortium's roll-on roll-off service between Australia and Singapore will reach Its full strength when its third vessel, the "Anro Asia", arrives here today on her maiden voyage. The VAnro Asia" will Join her sister ships "Anro Australia" and "Anro Temasek" in providing a regular
      150 words
    • Article
      Lock icon Rolls-Royce has finger in nuclear technology
      625 5 FT. ROLLS-ROYCE, in a bid to break into the market for nuclear power station technology, has revealed details of nearly 20 years of association with the Royal Navy on nuclear submarines. Through a subsidiary called Rolls-Royce and Associates, the company has built no fewer
      FT.  -  625 words
    • Article
      Lock icon Iran Air leases Airbuses and buys four
      166 5 AFP, Reuter IRAN AIR announced on Ainday. that it would lease two France-Germ an widebodied Airbus jetliners and buy at least four more, primarily for use in the country's busy domestic network. Iran Air chief, General A.M. K hade mi said In an
      AFP,; Reuter  -  166 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      710 5 ARRIVALS Sarviea Lotml Operator Numbet Time Prom CAL C1331 0040 TPE/HKO/KUL TMA TL303B 0215 BEY/DXB/BOM/ KUL PAA PA005 0215 SFO/HKO MAS MH601 0715 KUL MAS MH682 0610 KCH SIA SQ101 0615 KUL MAS MH621 0835 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CAL CI 806
      710 words
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      146 5 BUDGET FARES AND SUPER SAVER FARES TO U.S.A. Mathematics and Statistics in Penguins Statistics in Action: Peter Sprent This book is intended to interest the generel reeder who wants to become familiar with this subject, as well as e prelude to further study and a complement to formal elementary textbooks
      146 words
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  • Article
    Whither Tokyo Round talks
    599 6 THE SO-CALLED "Tokyo Round" trade talks now on at Geneva has a noble objective; It seeks to revamp the whole system of international trade to avoid Rrotectionism. The sheer magnitude of the goal, owever, threatens to swamp the negotiations, and It may very likely end the
    599 words
  • Article
    Bull's eye for EDB
    286 6 THE Economic Development Board's confidence, that it can successfully place all its apprentices in appropriate industries after completion of two years' in-centre training, is testimonial both to the acceptability and practicality of the courses conducted, as well as to the Board's accurate assessment of the amount
    286 words
  • Article, Illustration
    Lock icon Meditate your way to success
    2645 6  -  By ILSA SHARP ANYTHING that makes you sit quietly for 40 minutes a day apparently doing nothing cant be all bad. That is a crude description of exactly what "Transcendental Meditation" does. I can almost hear your groans "Oh no, not that again! That hippie
    'Transcendental Meditation and Productivity', D.R. Frew, Academy of Management Journal 17, no. 2, USA, 1974); ('The Physiology of Meditation', RK Wallace/H. Benson, Scientific American 226, no. 2. USA, 1972)  -  2,645 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      549 6 s w y< ■V v tS sinGopura FORUM j|l HOTEL 186 Orchard Bowl, B'pore Tel: 5711J2 Come and be enchanted by the repertoire of the dynamic duo Adam and Ben (appearing for a short season only). Dally (except Sunday) open till 2 am the Pebble Bar. Coffee Shop Our Quick
      549 words
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      Page 6 Advertisements Column 2
      162 6 9NGAPORE HLTON 181 Orehafi Boad, B'pore 9. Tel: *****S Hin't Heavenly Cookhouae Hin's Heavenly Cookhouse offers the opportunity to relish the many and varied flavours of Singapore. Exotic Chinese cuisine; spicy Indian curries; delicate Malay and Indonesian foods. all under one roof. During dinner, a troupe of local performers entertain
      162 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      63 6 1W E ATH E R i. j WEATHER outlook for Singapore from 6 a.m. to noon today: No rain REPORT for 24 hour* prior to 7.30 pm on March 6 at the airport. Maximum Temperature Associated Humidity Minimum Temperature 24.4 I Associated Humidity Hours of Sunshine Rainfall in Millimetres Nil
      63 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      240 6 SINGAPORE 5 3.00 PM Opening announcements followed by What's My Line 3.25 Diary Of Events (English) 3.30 Afternoon Matinee I'd Climb The Highest Mountain Starring: Susan Hayward, William Lundingan, Rory Calhoun (Pt. 2) 4.10 Science Report 4.25 Intermission 6.05 Opening and The Road Runner Show 0 6.30 News in Brief
      240 words
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  • Article
    ... what some meditators have to say
    965 7 what some meditators have to say Here are two independent viewpoints on TM from two long-term meditators. A is Singaporean, 28 years old, and a journalist; B is an expatriate Caucasian, in his late forties, also working as a jour- nalist in the Asean region: A There Is a popular
    965 words
  • Article, Illustration
    Lock icon Try looking beyond traditional markets
    1217 7  -  •r H.J. MAIDENSERG NYT CONSERVATIVE Investors, particularly those who favour fixed-Income securities, have always been sitting ducks during periods of inflation and sinking currency values. Unwilling to take risks in the markets for precious metals, commodity futures, art works, collectable stamps and coins or other
    NYT  -  1,217 words
  • Article, Illustration
    STRAWS IN THE WIND
    508 7 THERE may come a point very soon when cars and people prove physically incompatible. The problem is, cars are shrinking, but people are getting bigger. Anthropologist Howard Soudt told a gathering of car engineers this week in Detroit, USA, that today's western adult is about 10
    508 words
  • Article
    Any takers for SBS share offer
    983 7  -  FORUM r ••On economics 4 •y JOHN TAN WHEN the news broke earlv last month that Singapore Bus Bervice Ltd (SBS) woukl go public, the Idea did not receive enthusiastic response. Members of the staff, who would likely be given preference In bidding for
    983 words
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      Page 7 Advertisements Column 1
      79 7 S3 "V HOTEL ASIA 37 Scotts Road, Singapore 9 Tel: *****8 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****/7 HOTEL EQUATORIAL 429 Bukit Timah Road, Singapore 10 Tel: ***** GARDEN HOTEL 14 Balmoral Road, Singapore 10 Tel: *****44 GOODWOOD PARK HOTEL 22 Scotts Road, Singapore 9 Tel: *****1 HOTEL
      79 words
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      Page 7 Advertisements Column 2
      76 7 KING'S HOTEL Havelock Road, Singapore 3 Tel: *****1 LADYHILL HOTEL 1 Lady hill Road, Singapore 10 Tel: *****1 LION CITY HOTEL IS Tanjong Katong Road, Singapore IS Tel: *****1. HOTEL MALAYSIA 40 Cuscaden Road, Singapore 9 Tel: *****1 THE MANDARIN SINGAPORE 333 Orchard Road, Singapore 9 Tel: *****1. THE MARCO
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      Page 7 Advertisements Column 3
      75 7 HOTEL MIRAMAR 401 Havelock Road, Singapore 3 Tel: *****2. HOTEL NEGARA IS Claymore Drive, Singapore 9 Tel. *****1 HOTEL NEW HONGKONG 101 Victoria Street, Singapore 7 Tel: *****1. OBEROI IMPERIAL HOTEL I Jalan Rumbia, Singapore 9 Tel. *****6 ORCHID INN 214 Duneam Road, Singapore II Tel. *****2 ORCHARD HOTEL 2
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      Page 7 Advertisements Column 4
      67 7 PENINSULA HOTEL Coleman Street, Singapore 6 Tel. *****1 QUEEN S HOTEL 24 Mount Elizabeth, off Orchard Road Singapore 9. Tel: *****8 RAFFLES HOTEL 1-3 Beach Road, Singapore 7 Tel. *****1/***** SEA VIEW HOTEL Amber Close, Singapore IS Tel. *****22 SHANGRI-LA HOTEL 22 Orange Grove Road, Singapore 10 Tel: *****4. HOTEL
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      Page 7 Advertisements Column 5
      8 7 No dinner is complete without a White Label
      8 words
  • Page 7 Miscellaneous
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  • INTERNATIONAL STOCKS MARKETS
    • Article
      Lock icon Strong yen continues to hit market
      626 8 Jfekyo Source: DBS-Daiwa AS the yen continued to rise against the US dollar, stock market prices declined yesterday with export-related Issues such as Kyoto Ceramic. Sony, TDK and Nippon Denso leading the way. On the other hand, speculative issues, where the margin balance has
      Source: DBS-Daiwa  -  626 words
    • Article
      Lock icon Hongkong
      393 8 Source: Sun Hung Kai Sec. Ltd. THE market continued to move upwards In early trading, spurred on by locals aggressively buying Chinese property shares. Bhie chips followed In line, HK Bank and Jardlne touching 17.70 and 12.70 respectively before profit takers pushed the market back. After being over 4
      Source: Sun Hung Kai Sec. Ltd.  -  393 words
    • Article
      Sydney
      332 8 INDUSTRIALS were mixed, minings higher and banks mostly lower, dealers said. CSR recovered five cents to A 52.72. BHP fell four cents to $5.34 and the Wales fell to $5.16. EZ Industries steadied at tl-67. On the mining boards. Utah recovered five cents to $3, with other coals holding
      332 words
    • Article
      Manila
      181 8 THE market closed mixed with commercials advancing slightly while minings and oils declined, dealers said. Turnover fell to I SO million pesos from Friday's 3.22 million. Phllex and Lepanto lost two and one points respectively while other mining issues remained unchanged. Phil Overseas and Basic Petroleum lost one point
      181 words
    • Article
      Bangkok
      153 8 MAR M BahU Asia Fibre Bangkok Bank Bangkok Invest. Bangkok-Metro-poll tan Bank Bata Berll Jucker CarpetIntn) CharoongThal Wire pumex DusltThanl Faber Merlin First Trust Oenera Finance Indo-Thal Industrial Finance Corp J And J Ho Jalaprathan Cement Karnasuta Lee Kwang Mln Metal Box New City Raja Finance Rama Towers Safety
      153 words
    • Article
      Pressures of change shake the LSE
      963 8 A REMARKABLE pressure Is building up to change the way In which London's Stock Exchange provides a market for securities. The credibility of the old system Is now In question. The Monopolies Commission will shortly publish a scrutiny of the jobbing business. The Office
      963 words
    • Article
      Lock icon British bond market prices still slipping
      444 8 Reuter. PRICES in the UK government bond market are drifting lower with the long dated tap stock, the Exchequer 10* per cent 1095, currently trading about two points below the price at which the government broker last sold stock. Market analysts said investors are
      Reuter.  -  444 words
  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Audited Cons profit down
      131 8 ASIAN COMPANIES Reuter MELBOURNE: Audited Consolidated chaulked an operating profit of A 57.85 million (5521.2 million), compared with $10.2 million previously for the half-year ended Dec 31. Sales hit $163.88 million ($l5O million). Profit is after tax at $4.97 million ($6.80 million), depreciation at $3.00 minion
      Reuter  -  131 words
    • Article
      Lock icon San Miguel chalks up record profit
      227 8 Reuter. HONGKONG: San Miguel Brewery Ltd announced record results In all areas of operations. The company reported that net sales revenue registered a significant advance of 31 per cent of HK5161.159 million (SSBI million) benefitting from a corresponding gain in volume. Profits increased by
      Reuter.  -  227 words
    • Article
      Kawasaki steel plate
      173 8 KAWASAKI Steel Corp. has placed on the market a new steel plate that strongly resists the formation of a destructive fissure known as the hydrogen-Induced cracking, and that Is also free from the lamellar tearing another form of cracking and exhibits outstandingly good notchtoughness at sub-zero temperatures.
      173 words
    • Article
      Lock icon Schumacher moves into Italian clothing
      270 8 NORTH AMERICAN COMPANIES NYT JOHN SCHUMACHER, who was ousted last October as chairman of the Bonwlt Teller fashion chain, has embarked on a new career as an American marketer of Italian clothes and also has won an initial round against Oenesco Inc., which discharged him.
      NYT  -  270 words
    • Article
      Japan to buy Manila copper
      98 8 THREE Japanese copper smelters have Jointly concluded a five-year arrangement to buy copper concentrates from the Philippines. The contract signed by Sumitomo Metal Mining, Dowa Mining and Mitsui Mining and Smelting Co Ltd with the Philippines' Consolidated Mines Corp calls for annual shipments of copper
      98 words
    • Article
      Lock icon Jardine offshore contract
      78 8 Reuter LONDON: Jardine International Petroleum subsidiary of Jardine Matheson and Co Ltd said it signed a contract with Marathon Oil Co for the self-propelled drilling vessel "Diamond M Dragon" to work for at least a year in the Lower Oook Inlet In Alaska from June. The Diamond
      Reuter  -  78 words
    • Article
      Lock icon Poor sales hit Chrysler with $65m loss
      258 8 Reuter. ADELAIDE: Chrysler Australia Ltd reported it made a A 527.81 million (Ss6s million) loss ($2.14 million) in calendar 1977 on revenue of $260.20 million ($267.4 million previously.) The unaudited loss is after tax $11,000 ($162,000). interest $7.55 million ($3.05 million) and depreciation
      Reuter.  -  258 words
    • Article
      Lock icon WHEELOCK PAYOUT
      146 8 Reuter. HONGKONG: Wheelock Maritime International Ltd •aid it will pay an interim dividehd of HKIS cents (same) per "A" share for 1.5 cents (same) per "B" share for year to March 31. Books close March 29 to April 7 inclusive. The company has forecast a final dividend of
      Reuter.  -  146 words
    • Article
      Lock icon The Polaroid and Kodak battle
      304 8 Reuter. THE battle for market share between Polaroid and Eastman Kodak Co, which entered the Instant photograph field In 1970, may be another area of uncertainty for Polaroid. Kodak recently introduced a new line of pocketsized cameras which some analysts believe will help lift the
      Reuter.  -  304 words
    • Article
      ABC's foresight
      104 8 AMERICAN Broadcasting Companies' success In ability predicting American television viewers' preferences helped boost fourth quarter profits by 42.6 per cent and annual profits by 54 per cent. ABC has reported fourth quarter profits of US$34.B million, or $1.91 a share, against $24.4 million, or $1.36 a share, In
      104 words
    • Article
      Good gains by retail chains
      164 8 DESPITE severe winter weather in the midwest end northeast, America's leading retail chains reported strong year to year tales gains last month. Some observers took the gains as a sign of continuing willingness of consumers to spend freely. Sears, Roebuck, the antion's largest, said its
      164 words
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      Page 8 Advertisements Column 1
      168 8 I ASM RESEARCH BULLETIN This unique publication offers businessmen each month a comprehensive guide tp the latest developments that hove token place In all important sectors of the economies of countries in East and Southeast Asia. The Bulletin is divided into six separate reports of about 8,000 words each. There
      168 words
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      Page 9 Advertisements Column 1
      1373 9 *u, ,Jc*S jsv r> iiVK^rL ':m Roy Mackie, Editor, Business Times 1"F ve worked for some hardnosed News Editors in my time. But the best of them had a basic approach to his business. Any reporter sitting in the office wasn't working. It was the surest way to get fired.
      1,373 words
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  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1247 10 BID and offer prices officially Uslsd and bustneas in wporud to the stock Exchange of Mgter<tajr with thenumberof shares traded shown in bncksts in lots of 1,988 units quoted after the world (»n lots of g, 000 units) are quoted sftsr the totters 88. SECTION ONE -INDUSTRIALS Adhsa
      1,247 words
    • Article
      Government bonds
      157 10 4 3/4% 1/5/78 (250,000) (100.SOB 100.008) 5 1/4% 15/19/79 250,000) (101.208 101.358) 6 3/4% 15/6/89 250,000) (IM.OOB 104.208) 6 3/4% 1/12/89 (250,000) (103.70B) 5% T F 15/4/81 (250,000) (101.80B) 5 1/2% T F 1/5/78-81 (250,000) (100.008) 5% T F 15/10/81 (250,000) (101.55B) 5% T F 1/5/83 (250,000) (100.108
      157 words
    • Article
      Stock options
      283 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 $2.20) (0.685) Hume FE (March $1.20) (0.208 0.255) (June $1.20) (0.218
      283 words
    • Article
      In Kuala Lumpur
      1398 10 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown In brackets In IoU of 1,000 units unless otherwise specified. INDUSTRIALS Asms (I.SSB). Aitoemete (2.208 2 568). Atoem (2.888) (6) 2.80. A
      1,398 words
  • Article
    Unit trusts
    157 10 SINGAPORE UNIT TRUST INCOME BOND UNIT IMuultn price for Mar 7) (Current pi ■ice*) INCOME BOND 1.10 1.17 The Commerce 1 80 1.91 The Saving Fund 103 1 09xd MARA BUMIPUTRA FUND S pore Prog Fund 0.87 0.92 (Manager* prtcea ror Mar 7» S pore Security First Bumlputra
    157 words
  • Article
    Lingui profit down for the year
    336 10 LINOUI Developments' interim results for the 12month period to Dec. 31, 1977 showed pre-tax profits slightly down at ia4S2.NI. The after-tax result is 61 per cent lower at <102,903, reflecting an exceptional debit and the absence of the previous year's extraordinary credit which was
    336 words
  • Article
    SHARE INFORMATION SERVICE
    2411 10 IJ77/I978 Hi*h Low Company Last Sale Week Gri Dtv i DK Cvr Gr's Net Yld P/E Week Vol Week COM) Hick Low SECTION ONE y INDUSTRIALS 161 266 124 262 88* •234 169 291 422 146 132 165 58 212 57* 155 144 182 350 91 Acma
    2,411 words
  • Page 10 Advertisements
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      Page 10 Advertisements Column 1
      54 10 > V X ooking 3VA -sv-r > K:A <T y W > I i&%w-rr MnM Wn D M«W» Vf m lL ■*t *i *r* t ta M fc** *V Kenneth Lo CNnm Ovr 100 drtlrtßiM Chlnm wclpw, lustriHd with to colour photographs doph thnolittk hiMih of the food Mid tho
      54 words
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  • Article, Illustration
    Share prices end on a marginally steady note
    579 11 SINGAPORE A LACK at fresh indications, bullish or othsrwin, ■■do far a g in u ally quiet marginally steady Singapore stock market ysototilay. TWs majority of counter* moved within narrow limits while theee singled oat for iff—tka rscordsd —<—» lain. These included
    579 words
  • Article
    KLSE closes mixed
    464 11 THE Kuala Lumpur Stock Exchange began the week on a rather hesitant note with prices tending easier In low volume. Business was sluggish for the greater part or the day as traders remained at the sidelines in the absence of any encouraging news, both at home and
    464 words
  • Article
    NST proposed issue approved
    159 11 THE Malaysian Capital Issues Committee has approved New Straits Times (Malaysla)'s proposed scrip and rights issue. The one-for-three scrip Issue and the one-for-three rights Usue at M 51.50 per shars payable In full on acceptance for the rights issue per share are both based on the
    159 words
  • Article
    WEARNES
    26 11 THE Stock Exchange of Singapore has asked Wearne Brothers for an early reply to its queries regarding Wlra Wearne Malaysia Sdn Bhd on Feb 22.
    26 words
  • COMPANY NEWS
    • Article, Illustration
      KLK enjoys record year
      1554 11  -  ■r DAVID CHOW BUOYED by bumper prices and generally Improved harvests, Kuala Lumpur Kepong has swept into a record year with a doubling of group pre-tax profits tp Ms4l .5 million for its year to last Sept. 30. KLK chairman Senator Da to Lee Loy Seng
      1,554 words
    • Article
      DIVIDENDS ANNOUNCED
      283 11 Current payment Ex Date Books Close Date payable Total for the year Total for previous year Yeo Hiap Seng M. Banking Taiping Consolidated Bents Kent pes Mis. Securities Msia. 8.P. Textile Utd. Asbestos Cement Robinson K.L. Kepong Berjaya Kawat Hume (M) Berhad Goodwood Park Mine Court Hotel Malaysia
      283 words
    • Article
      Pahang purchase will not affect net asset backing
      390 11 PAHANG Consolidated does not expect its proposed purchase of a 2.6 per cent stake in UK-based Tanjong Tin Dredging for M 52.06 million to have any effect on its net asset backing. In its reply to the Kuala Lumpur Stock Exchange, Pahang
      390 words
    • Article
      LATEST RESULTS
      107 11 AOKAM Tin-' Taxed profit M 93.65 million in six months ended Dec 31, 1977 (4.386 million). Estimated profit after depreciation, and depletion but before taxation of 97.95 million (8.35 mllllpn). Tongkah Harbour Tin Dredging: After-tax profit M 3875.000 in six months ended Dec 31, 1977 (1.08 million). Gross
      107 words
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      Page 11 Advertisements Column 1
      195 11 ingapore's business world 4P M V so 0/ $361= T ,C 0 f' O/ v' c yi. l <:• w* K In* I The most co guide to The Straits Timae Directory of Singapore 1978 mora popularly known as the'BukuMerah', carries mora than 27,000 entries covering over 1,500 categories of
      195 words
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  • Article
    Lock icon US$ fortunes intertwined with energy
    615 12 UPI, AP TWO Carter Administration officials said that passage of an energy bill by Congress would help restore confidence In the US dollar on international monetary markets. Both Energy Secretary James Schleslnger and chairman of the Council of Economic Advisers, Charles Schultze, said other nations
    UPI,; AP  -  615 words
  • Article
    Changing world of the modern secretary
    601 12 THE MODERN secretary will face more challenges arising from rapid economic, technological and social changes. To meet them the secretary will have to Improve her professional and technical skills. Her imagination and frequently her patience will also be tried extensively. Standards of acceptable performance
    601 words
  • Article
    Shorthand to computer...
    408 12 GREATER Involvement by the secretary In the business of the company as well as the introduction of the computer Into the modern secretary's world underline the changing role and responsibilities of the secretary In modem time. "The secretary is no longer only expected to be merely taking
    408 words
  • Article
    LONDON STOCKS
    796 12 LONDON. Mon. Trading was quiet reflecting continuing market concern over UK economic prospects and prices closed mixed. At 3 p.m. the Financial Times index was up 1.6 at 437.8. Long-dated government bonds rose by up to 5/8 while shorts eased by 1/16. Equities closed mixed to slightly firmer
    796 words
  • Article
    Lock icon Esso finds more oil, gas deposits off Trengganu
    278 12 AFP. ESSO Production Malaysia has found further deposits of oil and gas In its contract area off the east coast state of Trengganu. according to a statement Jointly released yesterday by Petronas and Esso. The statement said that Esso has "encountered encouraging
    AFP.  -  278 words
  • Article
    Major banks must uphold forex code
    644 12  -  By COLIN CHEI LARGE ACTIVE banks which have the Influence to create movements in the foreign exchange markets by their volume of trading should bear the responsibility for maintaining an orderly and respectable environment there. They should also undertake to educate those who flout
    644 words
  • Article
    Lock icon Escap session opens
    93 12 Reuter THE 34th session of the United Nations Economic and Social Commission for Asia and the Pacific (Escap) opens in Bangkok today to discuss future development In the region. According to the Escap, the establishment of a new International economic order and new ideas to implement its
    Reuter  -  93 words
  • Article
    Hilgeland lines up plant No. 2 in Jurong
    368 12  -  ■y RONNIE LIM HILGELAND Mactllnfabrlk, the West German machine-maker Is currently negotiating with two other German manufacturers to set up a second plant in Singapore. Its first subsidiary here, Hllgepore, was set up in late 1972 to produce machines which were not
    368 words
  • Article
    Prepayment penalty
    86 12 INTERNATIONAL banks tending to state and corporate entitles In developing countries may soon Insist on penalty clauses covering early repayment. Continental Illinois National Bank and Trust Co executive vice president Alfred Mlossl said this In Manila yesterday. He said such prepayment clauses may well be contained in syndicated
    86 words
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      204 12 SINGAPORE S LARGEST SELLING WOMEN'S MAGAZINE PRESENTS SOME BARE FACTS AND VITAL STATISTICS: J r 4' •V i"# wfu. x*> 0 L P i' (C) BEST VALUEFORMONEY, FOR READERS AND ADVERTISERS ALIKE, OFFERED BY ANY WOMEN'S MAGAZINE IN SINGAPORE. (A) HIGHEST AUDITED CIRCULATION OF ANY WOMEN'S MAGAZINE IN SINGAPORE (member
      204 words
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  • Article
    SHIPPING TIMES
    5284 13 SCHEDULE A guide to ships loading at Singapore for Ports around the World The following list tabulates, by port of destination the name of the ship, the shipping line involved, and the estimated dates of arrival and departure from Singapore port. t CtmmUmm» taaDikh has a Jstet wr<
    5,284 words
  • Article
    The Consortiums
    115 13 The major shipping consortium o|>eratitig between the Far East/Europe and Straits ports/Aostralia, and the member lines. ACE (FAR EAST/EUROPE): Franco Belgian Services. K' Line Korean Shipping Corporation. Neptune Orient Lines. Orient Overseas Container Line ANRO (STRAITS/AUSTRALIA): Australian National Line. Australia, Strait* Container Line. NedUcyd Lines. Neptune Orient Lines.
    115 words
  • Article
    Who acts for whom...
    659 13 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Ahli Shipping Sharjah Algerian National Line (CNAN) Unipacific Alpac Line Intrasea Anhsing Line Strongwill Angkutan Pertambagan Eastern Wav Angkutan P. (Com Service I Straits Shipping APL i American President
    659 words
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      553 14 Hapag-Lloyd FULLY CONTAINERISED TO EUROPE Jptt p.mmi m>ki riawii i laaapMam tafl 8/3 bnakara Mara 12/3 J4/3 24/J 26/3 MtatMaw 27/3 29/3 Ha»fc*t Eiprau 4/4 7/4 11/4 13/4 +*mm 19/4 21/4 HMilwiEirw 78/4 30/4 EXPRESS CONVENTIONAL TO EUROPE EXPORTS W«f Mm (21/4) FULLY CONTAINERISED TO USA/CANADA FwPar t Ma«| S'para
      553 words
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      Page 14 Advertisements Column 2
      750 14 I P.Uvf hpr LM*«tor THREESTM 12/13 01* 11/11 Mar FKM.AOEUMO,STD SEABLOOM 17/19 Mar 15/ IS Mar MBS, STB KVOSEWMU 30/31 Mar 1/2 Apr FKM.WEI.MEI MAT SKY N/31 Mar 1/2 tec MBS, STB KTOTENMMU 14/1S «pr 14/17 Apr AOEL. MEL. STD BANGLADESH SERVICE A VESSa 22/23 Mar 21/21 Mar CHITTAfiOM. CMAUIA
      750 words
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      Page 14 Advertisements Column 3
      545 14 SEA mLAND U.S.A./ ASM SERVICE WBHuni coram una VESSEL/VOYA6E Vet* GATEWAY CITY V-SBS .ISZSJS PONCE V-320 MAI 22/23 GATEWAY CITY V-659 mar a/a PONCE V-321 Aft 4/5 SERVICE CFIQw 5.00 PM MM U Mki. din WORLD LION V 1 WORLD TIGER V 3 WORLD LION V 2 M Arm«/o^«(ts MM2S/2C
      545 words
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      768 14 u, '/tr/t I t 1 'BURMESE NATIONAL LINE' ww/lfc BFSSC Agantsin HUtyM TEPS MALAYSIA Port KMng Tat 138) 7356 Pm*ng T«t *****/***** MIIML'i ftoZwmliimd S. A.C.I.F. mj "ARGENTINE NATIONAL LINE" x Y r y > amm H/K Mar am frwipwmin MwM— Mwicw S. A. > 1 "MEXICAN NATIONAL LINE" m
      768 words
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      Page 14 Advertisements Column 5
      576 14 lARDIN'I AN I M I Orient Overseas Ca*dcjMeA Line FULLY CONTAINERISED SERVICE TO EUMOPE (VIA SUEZ) rpm r. MM| bla UNmm rtaq Nh f ROTMcroaiM i/J i i/i a/j a/3 1/4 v v« 17/1 1/4 4/4 4 4 */4 11/4 W Wi OmMTtLOmm 1/4 U/4 27/4 M/ 4 2/5 4/5
      576 words
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      Page 15 Advertisements Column 1
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      1272 15 Ben Ocean Ajantservve of Ben Line Blue Fbnncl Gten Line and NSMO It W/tWTtMNT (Via ton) DM S<*fap*rt P. Kalaaf Fenanf Evom PRPTESIIABS I. n/ IMh 13/19 Mar 11/11 Mar I Apr Bilbao. Amsterdam, Haak*r|. DuWin, Liverpool. I Mar 11/11 t Apr L sooa, Lt.xoes, Hull. 1/ 4 Apr t/11
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      Page 15 Advertisements Column 3
      660 15 BEN LINE /M:K SiIMW P. Kt<M| la<M I Mar 12 Mjr M Mir fr~ n BEN ASIA CONTAINER SERVICE onus sium/lvu/nuns canaa struct S'POrf P. Mlatl| Pilling >b»0 OuU loO« Mo,i ASIA* PALLAS 44| la Nrt I Mar II Ma# 25 Mar IS Mar ASIAN PE.ASUS *41 II Mar II
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      Page 15 Advertisements Column 4
      897 15 Scan Dutch V WESTBOUND TO MED/UK/ CONTINENT/SCANDINAVIA f. IH«| VrtMl Ml NUT iU«U 11/ I SI LAMIA lUAM .A Ml I NIMH fiamisca w s mjima tutwu tt/i mui Spare IJ Mmlks 2) Mm 3) Mtarf 4) Cbar| 11/1 W > Ml M u r n/ 1 M 4 t
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      Page 15 Advertisements Column 5
      591 15 r GUTHRIE BOUSTEAD BANK UNI LTD. LMK FM L ft t ARKA RIHUN (Matte. Maarit.u, Reunion, t tni Tangi Btira, OurbM. I 1.. PE.. Capetown) Penang UlM| 14/77 Mar Sport 18/ a n* (tn a Mm mica m uum, mmhj FWTDMC ITU Prnjng P Kilang V 1 Apr Spore 1/11
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      Page 16 Advertisements Column 1
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      Page 16 Advertisements Column 2
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      Page 16 Advertisements Column 3
      758 16 m MCKONC tmum mental chief ■ven seas NIKE a HUTU lESEAICNEI IEVAUEt PAIL B Ml FIM AKSTULA (M M C9h'*'»U SEIVICEJ 71 Iter Iter 31 M» 17 Mar 4 Apr I M' JMr II Mr 11 Mr IMr 17 Mr >1 Mr la Pari 19 Mar 9 Mar 21 Mar
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      Page 16 Advertisements Column 4
      684 16 »**t.ArSiAN HTtKHATtOHAI SHOMNG CO**OHATtON BOtMAO TEL «L *****. EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/CONTINENT/SCANDINAVIA S pore 1) Mit.lle. 2) Mm Hkurf 4) Ghwf fcccaptraf Imfi CMtl Mr taatM S*»M. CUT rnn Ml lIIIM IBTAMA <tn Accept* Fraau i) MM. rtiimia. IJ ilM| n *"Mrt •"■aa i ttm s» ie 1
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      Page 16 Advertisements Column 5
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