The Business Times, 20 March 1978
1978-03-20
1
16
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The Business Times
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Title Section10 1978-03-20 1 BUSINESS TIMES M.C.(P) No. 218/1/78 MONDAY, MARCH 20, 1978 50CENTS10 words
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BRIEFLY...
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Article94 1978-03-20 1 IN A joint statement after talks in Canberra, Australian Prime Minister, Mr. Malcolm Fraser and New Zealand's Deputy Prime Minister, Mr. Brian Talboys, warned that if the forthcoming round of multilateral trade negotiations in Geneva failed, or If there was a mere face-saving outcome, it would mean a94 words
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Article46 1978-03-20 1 AFP TOKYO, Sun. Japanese parliamentarians today asked US legislators to ensure the stable supply of American agricultural products to Japan. The request was made at a Japan-US joint parliamentarian meeting on agricultural affairs. Later the Japanese were told their request would be met. AFP.AFP - 46 words
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Article55 1978-03-20 1 Reuter JAKARTA, Sun. President Suharto will announce his new Cabinet soon after his re-election on Wednesday, possibly as early as Saturday. Informed sources said today a major reshuffle of the all-party government would centre around the appointment of three "super-ministers" charged with coordinating and streamlining the development effortsReuter - 55 words
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Article54 1978-03-20 1 Reuter KUALA LUMPUR, Sun. Deputy Prime Minister Datuk Mahathir Mohamed today warned Malaysia's ruling Malay party, whose youth members recently caused a political crisis over the question of a convicted Umno leader, Datuk Harun Idris, going to jail, that there are troublemakers who make use of the partyReuter - 54 words
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Article73 1978-03-20 1 THE PORT of Singapore Authority announced that a new lighthouse would be commissioned by mid-1978 at Bedok, to replace the present one on top of Fullerton Building. The $225,000 lighthouse will be 77 metres above sea level and its light will be visible from as far as 2373 words
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Article71 1978-03-20 1 AFP PARIS, Sun. A Unesco conference on race and racial prejudice will be asked this week to approve a draft declaration based on up-to-date sociological data which aims to define the origins of racism in all its aspects. If adopted the declaration will be submitted in theAFP - 71 words
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Article79 1978-03-20 1 AFP PARIS, Sun. Voters went to the polls today in the second and final round of the elections for the National Assembly. Polling booths opened at 8 a.m. and in the first few hours the numbers of voters were about the same as in last Sunday's firstAFP - 79 words
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Article52 1978-03-20 1 Reuter HONGKONG, Sun. A business group from the Colony is to visit Thailand, Singapore, Malaysia and the Philippines, from June 13 to July 4, the Trade Development Council said today. The group, the third trade mission to Southeast Asia since 1976, would exhibit Hongkong's products in the fourReuter - 52 words
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Article55 1978-03-20 1 AFP TOKYO, Sun. Japan and China may sign a treaty of peace and friendship here in May, wellinformed sources said today. The two countries normalised their relations in September, 1972, but negotiations for a treaty have been dragging because of Peking's determination to include a special clause,AFP - 55 words
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Article45 1978-03-20 1 Reuter BRUSSELS. Sun. Japan has agreed to set from April 1. voluntary floor prices for its steel exports to the EEC. Japanese sources said here. They also agreed to avoid excessive competition between European and Japanese steel producers in the US market. Reuter.Reuter - 45 words
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Article42 1978-03-20 1 AFP BREST. Sun. Large oil slick, covering about two square kms has drifted to 8 km north of the stricken giant Liberian tanker Amoco Cadiz and is moving towards the English coast, a French navy helicopter reported today. AFP.AFP - 42 words
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Article119 1978-03-20 1 THE following list of stocks gives the 10 most traded in on the Stock Exchange of Singapore last week. It gives the turnover in thousands of units, closing prices in Friday and the high and low for 1977/78. Company Turnover Prices High Low '000 Mar 17 1977/119 words
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Article180 1978-03-20 1 SINGAPORE Mar 13 Mar 14 Mar IS Mar 16 Mar 17 tt B T Index 626.84 628.17 626.23 618.12 662.20 Industrials: 273.41 273.82 273.50 273.16 275.16 (a) Finance: 444 88 444.78 444.40 443.26 446.11 Hotels: 180 28 180.79 179.73 179.41 179.61 Properties: 163.48 163.40 162.73 162.73 163.32180 words
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Article1079 1978-03-20 1 UP GOES THE US$ DEFENCE LINE Agencies THE BANK of Japan has decided on an "all-out intervention" in the Tokyo money market to prevent the Japanese yen from breaking through the bank's "defence line" of 231 yen to the US dollar. According to theAgencies - 1,079 words
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Article157 1978-03-20 1 MALAYSIA'SDeputy Prime Minister, Datuk Seri Dr. Mahathir Mohamad, said today in Bangi it was not the aim of the New Economic Policy to make everyone rich. It was a general policy, he said, to reduce the imbalances between the various races, and to eradicate "absolute"157 words
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Article832 1978-03-20 1 JOHN TAN - Asian market forges ahead By JOHN TAN THE ASIAN dollar market In Singapore rose by 21 per cent last year, a very creditable feat which should firmly establish the Republic on the map of world financial centres. However, it must be remembered that Singapore is only a very recent arrival832 words
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Article267 1978-03-20 1 THE SINGAPORE Industrial Labour Organisation is threatening to refer its dispute with a textile company over employees' annual pay leave to the Ministp' of Labour if a settlement is not reached. The union's case against the company is that the management, after an incremental salary267 words
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Article416 1978-03-20 1 THE differing preferences of US and European bankers were clearly reflected in the lists of lead managers for syndicated credits and for international bonds last year, compiled by Eurostudy. The list for syndicated credits was led by American banks, with Citicorp International foremost, while the Europeans,416 words
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Page 1 Advertisements
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Advertisement16 1978-03-20 1 Hapag-Lloyd Fully containerised to Europe and United States. Regular, reliable and on time. IMMM 13 947'3'16 words
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Advertisement45 1978-03-20 1 Only The Best French Continental Cuisine are served! Lunch: 11.30 AM TO 2.30 PM Dinner: 7.30 PM TO 10.30 PM ?;> $ou£ Seasons more than just good food Coffee House Restaurant Executive Lounge Nite Club Straits Trading Building (Basement) 9, Battery Road. Singapore 1. Tel: *****145 words
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Advertisement80 1978-03-20 1 mm SHIPPING TIMES DAYAKS feel wind* of change 2 FREIGHT war as hot as West Asian clime 5 THE bassoon lovers t» YOUTH Symphony Orchestra on tonight 6 BOOK reviews 7 MARKET reviews: Week of inspiration in Singapore 8 INTERESTING divergences in indices 10 MONDAY sports: Seletar Golf Club scores80 words
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Advertisement164 1978-03-20 1 Cool healthy pollution-free driving with a mAßuenu A COOL. /MASTER CAR AIR CONDITIONER m 4. 4. 511 GOLDHUL PLAZA SINGAPORE 11 TEL *****2 240 LAVENDER STREET SINUAPORE 12 TEL *****80 *****29 JAL FLIGHT 712 THE TOKYO EXPRESS Non-stop toTokyo, 1 same-day w i connections i to the US. JM; Canada.164 words
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TRADE AND INDUSTRY
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Article, Illustration603 1978-03-20 2 DENNIS LAU - By DENNIS LAU Borneo Bulletin THE BULLDOZERS that the Kenyah people of Rumah Kelap, along the Balui River In Ulu Belaga, are using to make a site for their badly needed new lor ghous* are not powered by machinery. Nor can they be describedBorneo Bulletin - 603 words
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Article, Illustration866 1978-03-20 2 THE DESCENDANTS of the dayak headhunters in the wild Interior of Kalimantan are slowly giving up nomadic life and accepting civilisation. And for once, this might prove a blessing, for the dayak methods of food production are suicidal in the long run and866 words
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Article, Illustration728 1978-03-20 2 Reuter THE TRISHAW or bicycle rickshaw Is rapidly disappearing from most Asian streets, but is still popular with tourists, particularly In Singapore. Long tourist convoys of gleaming trishaws, pedalled by perspiring riders and with bells clanging, can be seen any night sneaking theirReuter - 728 words
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Page 2 Advertisements
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Advertisement336 1978-03-20 2 Slow boat '<( t si KQr UN *A 4 1 «c J *A~ >.i* Hi If CHINA TRADE QUARTERLY Far East Publications g j 1913, Hanglung Centre, Paterson Street, Causeway Bay, Hong Kong. Please enter my full subscription to China Trad* Quarterly. lam enclosing a cheque/money order for US$2OO.OO or336 words
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Page 2 Miscellaneous
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Miscellaneous648 1978-03-20 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 3 Container of the richest treasure (5) 8 On which to play one's heart out? (5) 10 Stimulating century by an Italian (5) 11 Hole In a cooking apple (3) 12 Let a fellow cry (5) 13 Funny pie Ingredient? (7) 15 Refresh in about648 words
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OVERSEAS
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1010 1978-03-20 3 NYT A US FEDERAL court has ordered the former Budget Director Bert Lance, and nine of his associates, to straighten out their relationships with Financial General Bankshares Inc., a holding company In which they had allegedly sought In secrecy to purchase a controllingNYT - 1,010 words
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282 1978-03-20 3 BRITAIN'S Export Credits Guarantee Department will no longer insist on the use of foreign currency in its financing scheme for exports to the EEC with credits up to five years or for any export contract with loan value less than t's million (SS22 million).282 words
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Article559 1978-03-20 3 Reuter WORLD trade experts have agreed to meet in Geneva In July to decide how best to speed up work on measures to stabilise volatile commodity markets. The delegates, meeting in a committee of the United Nations Conference on Trade and Development (Unctad), expressed regret atReuter - 559 words
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Article229 1978-03-20 3 Reuter A FIRM technical market, buoyed by institutional liquidity. has helped fuel substantial tap stock sales last week and UK government bond market analysts expect the i'6oo million (552.65 billion), short-dated tap stock, the 8 3 4 per cent 1983 exchequer bond, to run out veryReuter - 229 words
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WORLD IN BRIEF
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Article493 1978-03-20 3 Agencies THE CARTER Administration's two top ecomomic officials have called on the President to accept the idea that inflation has at least temporarily replaced jobs as the No. 1 domestic problem. A joint memo from Michael Blumenthal. the Treasury Secretary, and Charles Schultze. the chairman of theAgencies - 493 words
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Article201 1978-03-20 3 FRANCE had a seasonallyadjusted trade surplus of 04 million francs (5531.4 million) In February after a 1.85 billion francs deficit In January. This compared with a 1.62 billion deficit In February last year, the Foreign Trade Ministry said. Adjusted Imports were 28.55 billion francs and201 words
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309 1978-03-20 3 Reuter JAPANESE steel imported into the United States will cost more before the end of this year than the preference price# fixed by the US government. The trade magazine. Iron Age, said, the commodity should coat 15 to 20 per cent moreReuter - 309 words
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Article128 1978-03-20 3 Reuter PERSONAL income in the United States rose at an annual rate of US$B.2 billion (5518.86 billion), or 0.5 per cent, to a seasonally-adjus-ted annual rate of $1,630 billion In February, the Commerce Department said. The increase for January, which was originally reported as $4.3 billion, wasReuter - 128 words
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1120 1978-03-20 3 MORE FAVOURABLE RATES Reuter INROADS by foreign banks into the US banking market continued at a fairly rapid pace last year and are regarded by some New York bankers as a factor in the sluggish pattern of commercial and Industrial loan growth reported by majorReuter - 1,120 words
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598 1978-03-20 3 Reuter WEST GERMANY, generally considered a land of industrial calm. Is In the throes of one of Its worst confrontations between employers and unions. A wave of strikes by metal workers and printers has caused bitterness on both sides and shaken a public unaccustomed toReuter - 598 words
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Article337 1978-03-20 3 Washington Star THE US Lockheed Aircraft Corp.. under Federal Investigation for possibly supplying rocket technology Illegally to the South Korea government, has denied any wrong-doing. It said its dealings with the South Koreans have been with the full knowledge of the US government. The California-based aerospace firm'sWashington Star - 337 words
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Page 3 Advertisements
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Advertisement91 1978-03-20 3 Meet the TOSHBA 8D702A M US M mamaw mmUm QUALITY COPYING AT piain paper copier an economical cost v v FULL RANGE OF ELECTROSTATIC AND PLAIN PAPER COPIERS AVAILABLE ON CREDIT HIRE PURCHASE OR RENTAL TERMS For further information, call Allan Tan EflllATDflll 60 orchard Road Singapore 9. Telephone LUIMI91 words
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RAW MATERIALS
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Article233 1978-03-20 4 RUBBER futures in London on Friday closed steadier 0.20 to 0.45 pence per kilo up from Thursday's close. Turnover totalled seven lots of five tonnes, 669 lots of 15 tonnes, including seven kerb trades and one call option traded during the morning session. Dealers said the market233 words
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Article158 1978-03-20 4 THE Straits tin price on Saturday fell Ms2o to $1,550 in Penang from $1,570 on an official offering of 232 tonnes. In LONDON on Friday, tin was up £7 for cash and unchanged for Three Months standard while high grade was €7 higher and C 2 lower respectively.158 words
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Article297 1978-03-20 4 COPPER wirebars on Friday in London rose by £9 all round In the afternoon. The market advanced during the afternoon on protective covering prompted by further reports of a possible US producer price rise, talk of Chinese physical enquiry and the firmer New York trend following the news that297 words
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Article204 1978-03-20 4 on Saturday YARN and cotton In Hongkong dollars, spot ex-godown: Cotton Yarn: China Blue Phoenix 20 s 1.750. 32 s 2,000, 40 s 2,180 (per bale of 400 lbs). Piece Goods: China Butterfly and Olobe Brand unq. Dragon Head unq. Five Lambs unq. Flower and Butterfly unq. Flying204 words
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Article711 1978-03-20 4 THE gold market opened on a firm tone last week and on Tuesday climbed to $188.00/ 188.75 this being the highest level since prices came off the week's before peak of 190.25/ 191.00. Rather unexpectedly, the New York market, which had been the leader In the week's before bull711 words
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Article224 1978-03-20 4 FUTURES closed £0.40 lower to £0.15 higher In a turnover of 1,543 lots which Included 33 options In London on Friday. The market fluctuated narrowly during a rather featureless afternoon in line with New York values. Business was mainly booksquaring. Morning prices were steady on light trade buying and224 words
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Article51 1978-03-20 4 Mar 13 Mar 14 Mar 15 Mar 18 Mar 17 Mar 18 Tin 1.587 1.580 1,580 1.502 1,570 1.550 Tonnes 2S1 281 251 227 208 232 Rubber (S) 208.75 205.75 205.25 204.75 204.25 Rubber (M) 208.50 200 00 208 00 207.75 207.50 per plcul cents per51 words
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Article68 1978-03-20 4 ZINC in London on Friday rose by £6.50 for cash and £7 for Three Months. The market attracted fresh buying and some chart operations during the afternoon with upto £273.50 paid during kerb dealings. General liquidation on the morning pre-market put values under early pressure but shortcoverlng and fresh68 words
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Article85 1978-03-20 4 LEAD In London on Friday rose by £2.50 foe cash and £3 for Three Months. The market gained further ground during the afternoon on end-week covering and some fresh buying Induced by the rise In copper. Three Months reached £318 during late ring and kerb dealings. Values sagged on85 words
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Article285 1978-03-20 4 ROBUSTA futures in London on Friday closed officially irregular but £15 to £55 per tonne down from Thursday's close. Volume totalled, 3,125 lots Including seven options and around 800 lots of cross trades. Spot March lost £31 while July closed £15 down having traded earlier at a low of285 words
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Article257 1978-03-20 4 FUTURES In London on Friday closed £40 to £28 per tonne down In all but the near March position which was only £3 lower. Turnover totalled 3,449 lots of which 920 were crossed and 26 were options. Dealers said that after lunch, the market erased all the morning's gains257 words
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Article111 1978-03-20 4 IN HONGKONG on Saturday, the rice market was steady with prices up to 40 cents higher. Dealers said turnover totalled 104 tons comprising Thais 41, Kwangtungs 51 and Australlas 12. There were no arrivals. (All prices In HK dollars per plcul ex-godown unless stated): Thai While; 100 pet Old111 words
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Article227 1978-03-20 4 SOYBEAN meal futures ended at their highs, with old crop months up the $10.00 limit in Chicago on Friday. Limitless March finished $13.20 a ton higher. New crop months added $9.00 to $4 30. Oil futures finished Just off their lows but with old crop gains of 0.67 to227 words
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Article130 1978-03-20 4 WHEAT futures In Chlcaso on Friday drove sharply higher on a chart breakout to gain 15-1/4 to nine cents and reach new contract highs in new crop months. The marketfs strength focussed on nearbys, with March registering the best sain. The May reached $3.04 a bushel before prices slipped130 words
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763 1978-03-20 4 PEPPER prices were all traded downwards while the other commodities held their own In a quiet Singapore produce market marked by the absence of overseas Interest in all the sectors last week. It Is this precise absence of inquiries In the pepper sector763 words
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Article174 1978-03-20 4 SILVER on the LME on Friday rose by 4.0 pence all round. The afternoon market went further ahead on short-covering prompted by the recovering trend at New York and the firmness In base metals, dealers said. Three Months traded upto 292.2 pence but a subsequent softening in US futures174 words
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636 1978-03-20 4 FT KENYA'S increasing prosperity has brought a growing demand for sugar. The expanding African bourgeoisie and the constant Inflow of white expatriates mean big business for factories producing sweets, cakes. Jam soft drinks and canned fruit. Sugar Is gobbled up at the rateFT - 636 words
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MONEY AND EXCHANGES
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Article200 1978-03-20 4 THE US dollar opened higher at 2.3150-80 level last week in the forex market on news that there could be some form of measures by US and Germany to prop up the dollar. It was firmly bid up to 2.3225-40 level on shortcoverings In panic tradings. However, it200 words
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Article73 1978-03-20 4 THE AVERAGE prime rate of banks in Singapore stands around 7 per cent, with the range running between 6V« per cent and IV* per cent. Oversea-Chinese Banking Corporation is at the lower end of the range while a number of banks, including Citibank and Development Bank of73 words
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Article226 1978-03-20 4 Asian rates THE market was fairly active with rates coming slightly easier despite taking interest In Threes and Six Months on rollovers. ASIAN currency average deposits rates for the week ended Mar 17: U98 (Bid Price* High Low 7 days .87/* 6 3/16 7 89/16 2 mths .71/8 6 7/8226 words
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Article282 1978-03-20 4 THE easy money market conditions during last week could be attributed to the weakening of the US Dollar. Interbank overnight funds were traded in the region of 3 1/2-1/4% causing the one month term deposit to drop lower to 4 11/169/10% while two and three months term deposits held282 words
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Article584 1978-03-20 4 FOREIGN exchange markets last week witnessed a sharp downfall of the dollar in two steps. First, when on Monday afternoon, the results of the US German agreement on support measures for the dollar were reported, the market was disappointed. In essence, the agreement provided for enhanced intervention possibilities for584 words
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Article228 1978-03-20 4 THE dollar firmed against major currencies as operators squared off positions ahead of the weekend, dealers said. Trading was nervous and dealers feel there Is less downside potential for the dollar at current levels, with the exception of the yen which operators believe could firm sharply in coming weeks.228 words
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Article159 1978-03-20 4 AS OPERATORS sought to square positions ahead of the weekend, the dollar on Friday closed firmer against major currencies In quiet, thin trading. The US currency was particularly strong near the end of the session following Energy Secretary Schlesinger's remarks that President Carter may have to consider "alternative159 words
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Article48 1978-03-20 4 FRANKFURT exchanges closing quotes on Mar 17: US 2 0370/90 Can 1 8040/50 D Fl 93 40/60 Sterling 3 89/90 S Fr 108 15/55 Lit 2 368/378 F Fr 43 53/68 Yen 0 8840/50 B Fr (Con) 6 421/431 B Fr (Fin) 41/42 N KR 38 32/4048 words
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Article60 1978-03-20 4 Euro rates LONDON Eurodollar deposit* closing rates on Mar 17: Weekend 2-1/2. 2-3/8 Mon/Tues. Tues/Wed and Call two days 6-15/18, 6-13/18 Seven days fix and notice 8-15/18, 6-13/16 One mth 7-7/16. 7-5/16 Two mths 7-3/16. 7-1/18 Three mths 7-5/16, 7-3/18 Four mths 7-1/2. 7-3/8 Five mths 7-9/16. 7-1/16 Sl* mths60 words
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Article47 1978-03-20 4 FOR the week ended Friday March 17 the range of call rates received from Short Deposits (M) Berhad was as follows: BANK FUND 2 per cent to 3% per cent. GENERAL FUNDS 2* per cent to 4 per cent. Movements of fund totalled $508 million.47 words
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Article56 1978-03-20 4 OVERNIGHT rate was steady throughout the week at the range of 3Vi to close for the weekend at 3% -v«% level. Ones with term rate eased off to close 4% -9/16%. Twos and Threes were steady with moderate trading at 4%% and 5% respectively, and closed subsequently at56 words
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Page 4 Advertisements
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Advertisement138 1978-03-20 4 t* et ■gfse® study with W>lsev I la 11 OXFORD Institute of Administrative Management Institute of Bankers Inst of Chartered Secretaries Administrators Inst, of Statistic ans London Chamber of Commerce Industry HSC/GCE A Level MCE/SCGCE 0 Level London/AEB GCE A' 'O' Levels Modern Mathematics for Teachers Foulks Lvnch IA)NIX)N Ass138 words
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TRANSPORT
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Article782 1978-03-20 5 CHAN BONG SOO - By CHAN BONG SOO THE WEST Asian trade boom has brought in Its train a freight war that is hotting up as more and more vessels get into the cargo grab. Much as it has benefitted shippers in Singapore, it has also given rise to782 words
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Article, Illustration680 1978-03-20 5 Reuter THE TWISTED remains have been hauled from the depths and now the skeleton of the once noble Queen Elizabeth Is to be burled at sea. A 20-man team of South Korean divers, groping through a maze of pipes In the giant liner's muddyReuter - 680 words
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Article, Illustration216 1978-03-20 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Steam bank (after Royal Fortune) 1/2 Nedlloyd Slnoutskerk (after Nedlloyd Steenkerk) 3/4 Santiago Del Estero (after Benledl) 8/9 Kelyo Maru (Car Carrier) (2100 after Ibn Albeltar and State of Andra Pradesh) 13/14 Fujltsukl Maru (Tanker P/O) (0900 after State of Andhra Pradesh)(Subject216 words
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Article309 1978-03-20 5 THE MODERN roll-on rolloff through-transport system is ala ted for a bigger role in the a hipping world. Studiea made ainoe the RoRo '77 International Conference have come up with the forecaat that ro-ro will continue to increaae ita aha re of the unitiaed market.309 words
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Article65 1978-03-20 5 Reuter KOCKUMS VARV (Shipyard) AB a whollyowned subsidiary of Knockums AB, has told union officials that it may have to dismiss around 600 workers this year. Group president NilsHugo Hallenborg revealed this at Malmoee. Discussions on possible dismissals among office and management staff will take placeReuter - 65 words
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454 1978-03-20 5 Reuter THE NEW US-Brltaln air fare agreement should boost the number of US travellers to Britain to at least 4.6 million this year from four million last year. Chief British negotiator Patrick Shovelton. deputy trade secretary said this in Washington. He added thatReuter - 454 words
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Article438 1978-03-20 5 UPI THE CUT-PRICE transAtlantic air fare battle has sent ticket prices between the United States and Europe spiralling down so fast It may soon cost only US$180 (SS370) to fly between Los Angeles and London. New cheap fares which went into operation last weekend meanUPI - 438 words
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Article216 1978-03-20 5 AFP DULL conditions persisted on the London tanker market last week, with lower rates being paid In the Carlbbeans, while those In the Gulf States area are so low for large vessels that they cannot be depressed any further. E.A. Gibson said In Its latest review thatAFP - 216 words
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Article700 1978-03-20 5 ARRIVALS Service Local Operator Number Time From SAS SK097 0650 CPH/THR/BKK MAS MH601 0715 KUL MAS MH682 0810 KCH SIA SQ101 0815 KUL MAS MH621 0835 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL GIA GA980 1030 HLP CPA CX710 1035 HLP THAI TG423 1035 BKK700 words
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Page 5 Advertisements
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Advertisement127 1978-03-20 5 It isn't a 'go-goit isn't a dive, t' It's small and it's cosy and always alive With people discerning, who know what is best I When eating and drinking are put to the test. There isn't an orchestra, you will not find An alley for bowling or things of that127 words
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Advertisement163 1978-03-20 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL:*****5 CITY TEL *****55 Call us for your local or onward reservations U r" v %J' mNi t JK «3 Sl* A 'rr S^:" J A GREAT PLACE If you enjoy good MQ IDIiCTf food, you'll I 9 find the Equatorial a gourmet's paradise. Our delightful163 words
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REVIEWS
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Article, Illustration1604 1978-03-20 6 PATRICIA GOH - By PATRICIA GOH I HAVE an uncle who constantly refers to my Instrument as the "Buffoon". Unfortunately, this Is the misconception of many people, who think that besides "Peter and the Wolf" and four bars in Malcom Arnold's "Sea-Shanties", the bassoon has no other characteristics except1,604 words
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Article712 1978-03-20 6 JOE PETERS - By JOE PETERS FOR young amateur orchestra, the Youth Symphony Orchestra of Lower Saxony gave a superb concert of sympr. onlc works written by classical and romantic composers, on Saturday at the Singapore Conference Hall. You can hear them again tonight at the Hall, at 8.30712 words
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Article, Illustration424 1978-03-20 6 CHUA LEONG KIAN - ®y CHUA LEONG KIAN SINGAPORE Youth Chinese Orchestra's recent performance at the Singapore Conference Half a week ago was not only entertaining, but also encouraging. The concert was organised as part of the Music for Everyone" activities by the Ministry of Culture. As424 words
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431 1978-03-20 7 On Assessment Ten Talks for Educational Practitioners Soh Kay Cheng Educational Publications Bureau Singapore, 1978, $1.50 Reviewed by Peter Chia EVERY time an examiner fails me. I console myself that he is but one of afallible breed of people, extremely prone to errors431 words
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668 1978-03-20 7 The Political Economy of Malaysia's Trade Relations with China John Wong Institute of £outh-East Asian Studies Occasional Paper No. 20, 1974 Reviewed by Ho Kin Chai .THOUGH many changes have taken place since this Htudy was published, its interest lies in the valuable668 words
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397 1978-03-20 7 Guide to World Commodity Markets, K off an Page, London/ Nichols Publishing, New York. United Publishers Service, Singapore £12.50. Reviewed by A. Kadir Jasin INTRODUCED in the mid19th century, commodity markets physical and futures have charted the kind of (progress that make their earlier397 words
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Article, Illustration859 1978-03-20 7 NYT IN MEMPHIS did Elvis Presley a stately pleasure dome decree, called Graceland. and like that of Kublal Khan it became a symbol of his legend. But since his death last summer, the fans have clamoured for a glimpse Inside and an answer to theirNYT - 859 words
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Article, Illustration612 1978-03-20 7 JOHN WITHEROW - By JOHN WITHEROW Reuter LONDON'S blackened buildings are being scrubbed in an attempt to erase the Dickensian image of fog and grime, and to recreate at least some of the city's former splendour; Previous soot-encrusted buildings are emerging from behind tarpaulins to reveal stonework and carvings hidden forReuter - 612 words
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505 1978-03-20 7 UPI ARCHAEOLOGISTS in Mexico City are hailing the discovery of Coyolxauhqui, the Aztec moon goddess, as the find of the last two centuries and a missing link to Aztec religious customs wiped out by crusading Spaniards. The moon goddess was found recently when electricUPI - 505 words
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Page 6 Advertisements
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Advertisement107 1978-03-20 6 ere to wine and dine.... sinoapura FORUM HOTEL SK Orchard Bold, S'pore 9. Tel: *****2 Come and be enchanted by the repertoire of the dynamic duo Adam and Ben (appearing for a short season only). Daily (except Sunday) open till 2 am the Pebble Bar. Coffee Shop Our Quick Businessmen's107 words
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Advertisement119 1978-03-20 6 lo Hotel 406/407 Havelock Road, S'pore 3. Tel: 432 M lon Bar Where beautiful things happen come around to lon Bar for a swinging get together where Miss v Mareeka (from the Philippines) Bonny Bala The New Moonglows, Anna Mlna (from Japan) and Lolus Tan Limited 3 treat you to119 words
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Advertisement85 1978-03-20 6 HOTEL HOTEL ROYAL-RAMADA Newton Road, S'pore u. Tel: *****1 Emperor's Room Try our most talked-about air-flown steak and our Indonesian speciality, Ikan Mas. A special International Buffet awaits your pleasure on every Sunday from 12 noon to 3 p.m. Adult $8/ 10% 3% Children $5/ 10% 3% Ramada Lounge Enjoy85 words
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Advertisement170 1978-03-20 6 Cockpit lotfl Oxley RW Penutf Road, S'pore I. Tel: *****1 Chanticleer Restaurant Discover Singapore's most exciting new restaurant. Taste the most mouth-watering masterpieces of European cooking, prepared from only farm-freshest Ingredients. Sip your choice of great wines and drinks in Chanticleer's unique olden days atmosphere. Make your own kind of170 words
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Advertisement81 1978-03-20 6 m SMGAPORE HtTON Ml Orchard Road, B'pore 9. Tel: *****3 Hilton presents Easter Happenings Easter Cake Sales Coffee Shop March 13 26 Chocolate Easter Eggs, Bunnies, Hot Cross Buns and Cakes a tempting offering of mouth-watering goodies. Easter Luncheon Buffet Top Of The Hilton Sunday. March 26 Sumptuous Buffet Lunch81 words
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Page 6 Miscellaneous
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Miscellaneous403 1978-03-20 6 mm Cultural show: LAST day today for the Pyongyang Art Troupe, from the Democratic People's Republic of Korea, performing spectacular acrobatics, as well as folk songs and dances, at the National Theatre, 8.30pm. Tickets at $15/ 10/ 8/ 3/ 2 available at the National Theatre. Films: THE French embassy, with403 words
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Miscellaneous272 1978-03-20 6 T.VKXRWDTO SINGAPORE 5 3.00 PM Opening announcements followed by Siruvar Ulagam (TamilRepeat) 0 3.30 Diary of Events (Tamil) 3.35 Afternoon Matinee Shock Treatment (Pt. 1) Starring: Stuart Whitman, Carol Lynley, Roddy McDowall, Lauren Bacall 4.30 Intermission 6.00 Opening announcements followed by Land of The Lost 0 6.30 News in Brief272 words
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Page 7 Advertisements
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Advertisement311 1978-03-20 7 HOTEL ASIA 37 Scotts Road, Singapore 9 Tel: *****8 KING'S HOTEL Havelock Road, Singapore 3 Tel: *****1 CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****/7 ladyhill hotel 1 Ladyhill Road, Singapore 10 Tel: *****1 HOTEL EQUATORIAL 429 Bukit Timah Road, Singapore 10 Tel: ***** LION CITY HOTEL 15 Tanjong311 words
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Page 7 Miscellaneous
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Miscellaneous70 1978-03-20 7 I DOMT U>PiNT ID GO TO loork: in cuesTG.e-fi I DON'T U>PvNT TO <GO TO U)ORX J POFS-4C POLL NOURSeLF Toeov-^. I'm C<3»KG> TO fssk [VVS Nice e»o4Ti£.PTfsr4 no SHOLO N#OU Tue u*vy UO Rb«soimfet^--rsf y r ler GO OF THC TMe Nice GEKTiemFMM s lcg» TH\S \MSWT! Tv4C TRDOe>L€.70 words
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MARKET REVIEWS
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Article1015 1978-03-20 8 GERALD COLVERD - LONDON By GERALD COLVERD HUSTLE, bustle, toil and still troubled minds refuse to accept the efforts to stabilise the dollar In world currency markets. As London has now accepted the relationship .between the sterling/ dollar ■rate and UK visible trade the ups and of sterling are exercising1,015 words
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Article486 1978-03-20 8 NEW YORK FAVOURABLE economic developments propelled the stock market higher last week in accelerated trading. The Dow Jones industrial average posted gains in fbur of the five sessions and )?nded the week ahead by 10 13 points at 768.17. The best movers were the secondary stocks, which have486 words
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Article633 1978-03-20 8 THE week started off with the good newt that Hongkong and Canada had provisionally agreed to a textile pact. A memorandum of understanding was initialled, handing back the control of export restraints to the Hongkong government on selected products and clothing. Global restraints have been in force for over633 words
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1143 1978-03-20 8 GOH HIANG FONG - SINGAPORE By GOH HIANG FONG THE Singapore stock market last week benefited from a barrage of good news starting with the Malaysian National Front's election victory In Kelantan and culminating in the scrip issues galore from the Sime Darby group of companies. The market1,143 words
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657 1978-03-20 8 Teo Teck Wong - fnmpiiw by Teo Teck Wong SCRIP/RIGHTS ISSUE Consolidated Plantations: Proposed scrip issue of three-for-one. Sime Darby: Proposed scrip issue of one-for-one Kempas (M): Proposed scrip issue of one-for-four Lien Hoe: Proposed rights issue of one-for-four at Msl per share. OTHERS I'nited Engineers657 words
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Article291 1978-03-20 8 far from bright SYDNEY Reuter THK Sydney share market had a far from bright week, with little to stir interest apart from a takeover bid and speculation about oil shale in Queensland. BHP was one of the few companies to do well, ending the week at A 55.72. a gainReuter - 291 words
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Article967 1978-03-20 8 KUALA LUMPUR RUBBER shares and blue chips led the field In an active market this week prompted by expectations of good news from the Slme Darby group which were fully fulfilled late In the week. Full attention was on Slme and Its estate subsidiaries but in967 words
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Page 8 Advertisements
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Advertisement228 1978-03-20 8 Mathematics and Statistics in Penguins Statistics in Action: Peter Sprent This book is intended to interest the general reader who wants to become familiar with this subject, as well as a prelude to further study and a complement to formal elementary textbooks for those who wish to go to statistics228 words
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INTERNATIONAL COMPANY NEWS
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Article254 1978-03-20 9 ASIAN COMPANIES Source: James Capel NEGOTIATIONS for a capital tie-up are reported under way in Nikkei between Wacoal and Olga, a well known high-grade women's underwear manufacturer in the US with annual sales of US$4O million. Wacoal's proposition Is to procure 30 per cent ofSource: James Capel - 254 words
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135 1978-03-20 9 HAMERSLEY Holdings Ltd expects cost Inflation to be recognised In Iron ore export contracts now being negotiated with Japanese steel mills, the company said in its calendar 1977 annual report. This is despite the recession in the Japanese steel Industry, the company said. Prices on135 words
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Article94 1978-03-20 9 Reuter HONGKONG: Cathay Pacific Airways Ltd said it will buy the 2008 version of the 747 worth HKS27O million, with support equipment. The company has also completed negotiations for the aircraft to be powered by Rolls-Royce RB 211-5248 engines worth $60 million Cathay Pacific last monthReuter - 94 words
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Article52 1978-03-20 9 A MO Y Canning Corp (Hongkong) Ltd has announced an interim dividend of HK three cents (15) on capital increased by a four for one bonus issue last November, year ending June 30. Books closed March 23 to April 6. The Company is a Sime Darby Holdings52 words
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209 1978-03-20 9 NORTH AMERICAN COMPANIES Reuter US STEEL Corp, in its annual report, said the sale of certain properties last year resulted in proceeds of US$ll3 million. US Steel said it sold its 30 per cent interest in Atok Platinum Mines (Pty) Ltd, South Africa,Reuter - 209 words
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Article103 1978-03-20 9 Reuter AMERICAN Telephone and Telegraph Co chairman John Debutts said. "From our perspective, the economy is sound and expandlng, and all the evidence at hand points to the prospect that 1978 is going to be another good year." Mr. Debutts said Bell companies handled 3.4 billion longReuter - 103 words
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692 1978-03-20 9 TORONTO: Consolidated sales of Massey-Ferguson Limited for the first quarter ended Jan 31, 1978_ were U*****.4 million compared with $491.4 million for the first quarter of 1977, an increase of nine per cent. Net loss for the first quarter was $38.7 million, equivalent to $2.25692 words
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184 1978-03-20 9 Reuter US DISTRICT court Judge John Fullam approved Penn Central Transportation Co's reorganisation plan. Penn Central has been in bankruptcy since June 21, 1970. The plan, among other things, provides for settlement of US$3.5 billion in claims. Payment of the claims is through aReuter - 184 words
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Article84 1978-03-20 9 Reuter INTERNATIONAL Business Machines Corp said It bought 500,000 of its shares in the first two months this year. These purchases put IBM's total share purchases at about 1.2 million to March 1, 1978, under a plan It announced to purchase up to 2.5 millionReuter - 84 words
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Article107 1978-03-20 9 Reuter NEW CAR sales by the four major United States motor manufacturers were down more than 13 per cent early this monthly continuing a trend begun last November, the companies reported. All four carmakers Ford. General Motors. Chrysler and American Motors suffered sales declines in theReuter - 107 words
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Article119 1978-03-20 9 Reuter THE US HOUSE Armed Services Committee recommended aUSS9OO million reduction in the General Dynamics Corp trident nuclear missile submarine programme, which has experienced technical Broblems and Is expected to e delayed, government sources said. They said the recommendation is contained in a proposed $2.6 billionReuter - 119 words
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Article88 1978-03-20 9 Reuter TEXACO Inc said it plans to increase 1978 capital and exploratory spending to 16 per cent to US$l.75 billion from the more than $1.5 billion spent last year. The company also said in Its annual report that it is confident a significant Improvement in earnings can beReuter - 88 words
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Article42 1978-03-20 9 GOODYEAR TIRE and Rubber Co said It plans capital expenditures of more than US$4OO million, up about $100 million from 1977 capital spending. The company said In the annual report that the money its major manufacturing and research and development facilities.42 words
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Article207 1978-03-20 9 EUROPEAN COMPANIES CREDIT Suisse has made an offer to take over at least 80 per cent of the capital of the Bank Neumuenster, of Zurich. The medium-sized regional bank, whose balance-sheet total was Sw. Frs 320 million at the end of last year, announced207 words
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Article185 1978-03-20 9 IN 1977, Kodak consolidated the progress It made during the previous year, says Mr. Jom Moorfoot, the chairman in a report to employees Total sales of goods and services hit records both in the U.K. and overseas, and overall profit margins were maintained, he states.185 words
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Article99 1978-03-20 9 LUXEMBOURG: Acieries Reunites de Burbach-Elch-Dudelange SA (Arbed) said it proposes to maintain a nil dividend for 1977 on a net loss of 4.5 billion francs against a 1.3 billion loss for 1976. Turnover declined 4.8 per cent to 33.7 billion francs from 35.4 billion in 1976. It99 words
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Article60 1978-03-20 9 LONDON: British Industry Secretary Eric Varley is hopeful that Chrysler Corp's UK subsidiary will make a profit this year after reporting a 1977 loss of £21.5 million, an Industry Department spokesman said. Confirming remarks made by Mr. Varley to the Foreign Press Association, the spokesman said his60 words
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INTERNATIONAL STOCK MARKETS
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Article571 1978-03-20 9 EUROPEAN MARKETS l j EUROPEAN bourses closed generally mixed with a firmer bias on Friday. In Paris, the market was buoyant In busy trading, with operators buying heavily in anticipation the ruling government coalition would be returned In yesterday's elections. Among leaders which showea good gains were571 words
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Article220 1978-03-20 9 MAR 17 Dm Aef-Telefunken 87 10B Akzo 20 BOB Allz Leben 620 unch AllzVers 483 +3 BASF 139 +2.3 Bay H T Wbank 282 unch Bay Vbank 315 50 unch Bayer 138 80 1.6 BBC 295 BMW 225 50 -0.5 Cassella 376 1 Chem Verw 226 -1 Commerzbank 230220 words
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Article185 1978-03-20 9 MAR 17 Francs Actions Sulsses 267 unch Alusuiss* Br 1205 -25 Aiusulsse Reg 540 -5 Brown Boveri Br 1615 -20 ClbaGelgy Br 1175 -5 Clba Gelgy PC 875 -15 Clba Gelgy Reg 649 -2 Credit Suisse Br 2300 -35 Credit Suisse Reg 452 unch Elektrowatt Br 1655 -5 George185 words
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Article95 1978-03-20 9 MAR 17 Frs FORWARD MARKET Acec 219 unch Arbed 2320 -15 Astur 524 10 Brascan 428 -3 Br u-Lamb 1438 ♦4 Canpac 476 1 Cock 348 -3 De Beers 166 unch Ebes 2360 ♦5 Electrobel 6030 -30 Ob-Inno-Bm 1850 -5 Gev 1234 -10 Hobok 2180 +45 Petro 3840 1595 words
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Article97 1978-03-20 9 MAR 17 Lire Anlc 128 ♦0.75 Assoc Gen ***** -120 Bastogl 497 -10 Centrale 3480 -5 Flat 1932 -13 Finslder 77 1.5 Gen Immob 81 1 IFI Pri 2091 -22 Italcementi ***** -20 I taigas 629 unch Italsider 134 ♦3 75 Magnet! M Pf 381 -2 Marelll Ere 17197 words
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Article239 1978-03-20 9 MAR 17 FIs ABN 346 50 unch Ahold 99 00 unch Akio 2100 +0 7 AMEV 80 90 -0 1 Am fas 108 50 1 Amrot Bank 75 20 -0 6 Bergoss 80 00 I Berk 98 00 unch Bo Is 89 90 0 4 BorsumlJ 140 00 -I239 words
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Article276 1978-03-20 9 MAR 17 Frs CORBE1LLE Air-Liquide 277.50 *5.5 B S N Gervals Danone 405 +7 CS F(ThomsonCsf) .179 +4.9 Cle Francalse des Petroles 116 1.5 Compagnle Financier® Compagnle Generate 339 10 1 +3.1 Credit Fonder De France 315 +6.5 Hachette (Libralrle) 159 +9 Machines Bull 32 80 1.9 Mlchelln(B) 1290276 words
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Article314 1978-03-20 9 GOLD shares drifted weaker through the day following generally unchanged bullion Indications on Friday. MAR 17 Rand INDUSTRIALS A Alpha 98S Aberooni 145 unch AE And CI 215 A MIC 800 30 Barlows 330 unch Cg Sugar 625 15 CNA no Curne Finance 62 Of Beers Ind 850 Edcon314 words
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Article35 1978-03-20 9 FINANCIAL TIMES INDUSTRIALS Friday 457.2 Thursday 458.3 Week Ago 458.0 DOW JONES AVERAGE INDUSTRIALS Friday 788.71 Thursday 762.82 Week Ago 758 58 LONDON DOLLAR PREMIUM Friday ®1% to #2H Thursday 93*4 to 93\35 words
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Article1099 1978-03-20 9 NEW YORK STOCKS rallied across the board on Friday In the heaviest trading session of the year. Analysts attributed the advance to bargain hunting They said the uncertain outlook for the dollar and Inflation remain major sources of investor concern. Among favourable factors cited by analysts was1,099 words
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Article243 1978-03-20 9 THE market closed moderately higher In fairly active trading on Friday The Composite index, reflecting gains in 12 of its 14 sub-groups, rose 2 4 points and advances led declines 240 to 176 MAR 17 CS Abit ibi 12'. unch AKan 28 AlKoniu 18 uncli Bank Muni 18'. .<243 words
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Page 9 Advertisements
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Advertisement207 1978-03-20 9 Call our Port Kelang or K.L. Office for any emergency repairs to your ships afloat at Port Kelang or Port Dickson. MSE has now extended its services for wider coverage beyond Johore. *****3 Port Kelang office ***** Kuala Lumpur office MALAYSIA SHIPYARD AND ENGINEERING SDN. BHD. Pasir Gudang, Johore. K.L.207 words
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COMPANY NEWS
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1062 1978-03-20 10 GOH HIANG FONG - Market Talk,., j By GOH HIANG FONG THERE are several types of Jhdlces which monitor the price movements of shares on the Singapore and Kuala Lumpur Stock Exchanges. Among them are the Business Times Index, the Straits Times Sectoral Indices, the New Straits1,062 words
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LATEST RESULTS
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Article22 1978-03-20 10 Pre-tax profit of $1.2 million ($896,000) for six months ended Jan 31. 1978. Turnover: $8.75 million ($7.79 million).22 words
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Article492 1978-03-20 10 Current Ex Date Total for Total for payment Date Books I lose payable the year previous Perils Plantation* 12.5% Feb 3 Feb 18 Mar 23 22.5% 10.3% Wilkinson 16% Mar 14 Mar 30 Mar 30 24% 20% Ulu Benut 6%<d) Mar 13 Mar 23 Mar 31 6% 5%492 words
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Article2641 1978-03-20 10 Gr'i Gr'» > Nat Waak 1977/1978 Company Last Dtr Dt» Y'H 1 P/E Vol Wmk High Low Sale +or- Crr <*•••» High Law SECTION ONE INDUSTRIALS 170 132 Acma 170 +8 12 ON 1.8 7.0 7.9 80 170 160 280 165 Alcom 280call 18 15.0 2 22,641 words
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Article1706 1978-03-20 10 March 17 ON the Chicago Board Options Exchange, a I total of 129,482 contracts were traded compared I with 90,024 contracts on Thursday. OPTION APL JLY OCT STOCK Alcoa 40 2 2 7/8 3 3/4 41 3/4 Alcoa 45 1/8 3/4 > 1/2 41 3/4 Alcoa 501,706 words
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Page 10 Advertisements
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Advertisement169 1978-03-20 10 COLLKTINQ Oriental Anticm u L 3 N r I I (ye^ 10 *1 IS **> 4 < ..J by Judith Moorhouse and Dries Blitz Hamlyn Group, London. Oriental antiques have always fascinated collectors throughout the world, evoking as they do the exotic and Inscrutable East. It Is, however, widely believed169 words
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MONDAY SPORTS
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Article, Illustration1092 1978-03-20 11 NYT NEW YORK: In war, the idea is to stop fighting and start negotiating. The opposite is true In boxing. Until Leon Splnks and Muhammad All again climb Into a ring together somewhere, sometime, all the rest Is talk. And make noNYT - 1,092 words
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Article, Illustration1161 1978-03-20 11 NYT NEW YORK: Ten years after open tennis united the amateur and professional ranks, the Davis Cup has become a source of division in the United States and a political tool in many parts of the world. The forthcoming controversial match withNYT - 1,161 words
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Article570 1978-03-20 11 ERNEST FRIDA - By ERNEST FRIDA SELETAR Golf Club scored a convincing double victory over Changl Golf Club In the Singapore Golf Association golf league at Seletar Course yesterday. In the Premier League, Seletar thrashed Changi by 25 strokes to register their first win. For the first time, all570 words
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Article520 1978-03-20 11 NYT NEW YORK: There are many ways to win at a race track. The least costly Is with other peoples' bets, and it isn't as tough as It sounds. The state does It all the time by collecting from the tracks on uncashed winning tickets and withNYT - 520 words
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Article, Illustration924 1978-03-20 11 NYT NEW YORK: A couple of years ago, Ken Norton vas featured In a big grossing movie called "Mandingo. In the movie, Norton plays a slave of physical proportions so noble that his plantation owner, among other things, sends him Into combat for funNYT - 924 words
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Article, Illustration987 1978-03-20 11 PETER DOBEREINER - PETER DOBEREINER says the return of the prodigal spearheads a new mood of optimism on the British golfing scene. PETER DOBEREINER The Observer LONDON: Of all the events in the professional golfing calendar, the Ryder Cup match comes closestThe Observer - 987 words
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Page 11 Advertisements
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Advertisement70 1978-03-20 11 PGF STATUS GOLF BALLS Recommended by Johnny Miller, 1976 British Open Champion. JJancruft First class tennis racquets and shoes from the U.S A yi Etonic Golf and casual shoes from the U.S.A. Just a few items from our wide selection of world-class A sports equipment. Come and ViTil inspect the70 words
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247 1978-03-20 12 Reuter INDONESIA'S state-owned Pertamina Oil Company Is expected to face continuing financial difficulties for a number of years, Mining Minister Mohammad Sadll said In a statement reported by Antara News Agency. Antara said Mr. Sadll made the statement when heReuter - 247 words
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Article164 1978-03-20 12 THE FINANCIAL Times Is staging the Asian Business Briefing In Hongkong from April 3 4 this year. The 1978 briefing has attracted a number of distinguished speakers including Tun Tan Slew Sin, chairman of Slme Darby Holdings, and Dr. Llm Chong Eu, Chief Minister164 words
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891 1978-03-20 12 NYT THE CONTINUING slide of the US dollar has revived talk among oil-producing nations of raising their prices or abandoning the buffeted American currency as the basis for pricing oil. But according to economists and oil specialists, when the members of the OrganisationNYT - 891 words
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Article256 1978-03-20 12 WITHIN the next two weeks, a drill ship will commence drilling to a depth of 4.200 metres. 150 km east of Atlantic City, New Jersey. Any oil or gas produced from Atlantic sites is expected to reduce significantly the United States' reliance on oil Imports, industry officials256 words
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Article606 1978-03-20 12 SIVA ARASU - By SIVA ARASU THE secretary-general of the National Trades Union Congress, Mr C.V. Devan Nair, last night reminded employers and trade unions that the merit and demerit schemes recommended by the National Wages Council (NWC) should be taken together. Speaking at the eight anniversary dinner of606 words
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Article, Illustration394 1978-03-20 12 IT IS necessary for Singaporeans to be aware of the constraints to sustained economic growth and to appreciate the need to adjust themselves to new situations, in order that government-implemented economic policies succeed. This being the case, there must be economic education394 words
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Article43 1978-03-20 12 A THIRD course for X-ray technicians starts next month at Singapore's $900,000 regional training centre, set up by Siemens A.G. of Germany, makers of advanced medical diagnostic aids. The centre is designed to make available basic training in the region.43 words
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657 1978-03-20 12 THE SECOND annual meeting of the Islamic Development Bank concluded Its business in Kuala Lumpur over the weekend, a full day. ahead of schedule, with an assurance that all proposals put forward by the delegates will be studied in the next few months. Since large657 words
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500 1978-03-20 12 Reuter THE KOREA Merchant Banking Corp.. the first merchant bank to set up in South Korea, has had a highly profitable start, based largely on participation In the local short-term money market. Executive vice president, Michael Bentley, said merchant banks in Seoul are originallyReuter - 500 words
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Article132 1978-03-20 12 INTERNATIONAL Bank of Singapore has provided funds for a syndicated loan last month to develop a fertlllser complex in Yugoslavia. Two loans were actually negotiated with two syndicates. one led by Morgan Grenfell of London and including IBS and the other led by Lazard Brothers. The132 words
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Article58 1978-03-20 12 THE United States Is the biggest market for Hongkong exports, taking up 38.7 per cent of the goods shipped out of the colony last year, official figures show. Singapore was the only other country that showed a slight Increase In market share rising from 2.4 per cent58 words
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Article370 1978-03-20 12 THE AUSTRALIAN stand at Sibex '78 reported on Its closing that Its resulting sales concluded and under negotiation are worth over Sss million, with additional sales of $6 million possible within the following year. According to the Australian Senior Trade Commissioner, Peter Home, more than 10.000 visitors370 words
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Article79 1978-03-20 12 A FORD truck, the Ford Transcontinental, has received a special award for Its cab comfort and safety from a Swiss organisation. A company statement said the award was made by Les Routiers Suisse based on a poll conducted among its 8.000 members and truck drivers and79 words
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Page 12 Advertisements
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Advertisement39 1978-03-20 12 TODAY Lunch at OKOH OF GINZA (Raffles Quay) Fantastic TepparvYaki Steaks! One ogd only Robata-Yaki counter in towni Come Get It! (g) h «*> 9 /s, E) J}£ OKOfPbF GINZA Japanese Restaurant Basement, Honq Leonq Bldq Raffles Quay Tel: *****8139 words
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Advertisement99 1978-03-20 12 v •A wm i V vV. r x nr m r jr r T >* BAHRAIN Gateway to the Middle East From Singapore and Jakarta, UTA'sDC 10s' fly 3 times weekly to Bahrain, Pride of the Gulf. Whether you are travelling on business or pleasure, Bahrain has the most and99 words
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Article4070 1978-03-20 13 BCHEDBIE 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, -i t Consortiums Scan Dutch has a4,070 words
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Page 13 Advertisements
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Advertisement453 1978-03-20 13 Scan Dutch Fast and Regular Service To/From N.C./SCAN/W.MED. Every 10 Days. Singapore Tel. *****, Port Kelang: Tel. *****1, Kuala Lumpur Tel. *****. Penang: Tel ***** Corrtrnin Lineslnc (u.sa.) +-J Ot?VlTrain Trans-Pacific Sen F'> Container Se f vice Tp USA FtEPEK VSI SPORE MOTHER VSL VESSEL 23/3 VESSEL 2G 3 SEATRAIN453 words
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Advertisement395 1978-03-20 13 STRAITS TRANSPORTATION PTE. LTD. COMPANIA NAVIERA MARASIA, S.A. FULL CONTAINERSHIP SERVICE TO AND FROM BARCELONA DISCHARGING LOADING BARCELONA P KELANG S TORE I S TORE P KELANG BARCELONA HAKATAMARU frt 23 In CHEVALIER f Apr 1 *D' 2 Apt 17 WALBELLE 1 LAURO/VICEROY/GLOBAL JOINT SERVIC€ REGULAR INDEPENDENT MONTHLT DIRECT SERVICE395 words
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Advertisement520 1978-03-20 13 MED-AFRICA LINES REGULAR MONTHLY DIRECT SERVICE FROM SINGAPORE TO PORT HARCOURT (NIGERIA) Singapore MY "MAT* VOY 1 21 Mar MV HERA VOY2 IS Apr A VESSEL a May Cont»in*t t Srtatbvli carp wmct Transit Tmw 2f days Canffttiafl frtt Mfnct Priority Berltwrn pmatc ■hirt IkiMwi Gen Aftnti Far East UNITED520 words
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Advertisement60 1978-03-20 13 NOTICES TOKO LINE m.v. "Olympian Queen" Voy-8 arrd on: 12-3-1978. •Ju rang Commercial Wharf. Conslgness of all damaged General Cargoes ex. The above named vessel are notified that General Survey will be held on 21st March 1978 as from 10 00 am to 3 00 pm No further survey will60 words
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Advertisement26 1978-03-20 13 *Sn Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore Tel *****, Port Ketang: Tel 387*01. Kuala Lumpur Tel. *****. Penang: Tel *****26 words
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Page 14 Advertisements
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Advertisement824 1978-03-20 14 SHIPPING Hapag-Lloyd FULLY CONTAINERISED TO EUROPE Sport t KtUnt H burj I'hiw ltd am 24 3 26 3 RtewMwu 2/3 29 3 19 4 22 4 Hamtur| Eipms S 4 6 4 28 4 30 4 Oukjß* 13 4- lb 4 55 8 5 l«nt*on 19 4 214 11 5824 words
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Advertisement822 1978-03-20 14 Q SANKYO LINEI AUSTRALIA SERVICE P. Kdafl( Sinfjpore Loading (or: THREE STAR 27/29 Mar ?5/26Mar FRCM. ADEI. MEL, STD SEABLOOM IN PORT SAILED BRIS. SYD KYOSEIMARU 30/31 Mac 1/2 Apr FREM. ADEI. MEL MAY SKY 30/31 M»r 1/2 Apr BRIS. SYD KTOTEN MARU 14/15 Apr 16/17 Apr ADEI, MEL. SYD822 words
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Advertisement634 1978-03-20 14 SEA mLAND U.S.A./ ASIA SERVICE D*T REFRIGERATED CONTAINER SERVICE SAILING EVERY WEDNESDAY FO« POtTS ID USA CANADA CARIBBEAN lAPAN KOREA. TAIWAN HONG KMC. THAILAND AND PHILIPftNES VESSEL VOYAGE PONCE V-320 RAPHAEL SEMMES V-936 PONCE V-321 GATEWAY CITY V-692 Vessel Arrives/departs MAR 22/23 MAR 29/29 APR 4/5 C.F.S Closes 5.90 PM634 words
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Advertisement1054 1978-03-20 14 Everett Lines Burma Fhrt Star Corpn. "BURMESE NATIONAL LINE" 10*01 US FM RANGOON BFSSC A'jents .n MrilnysKi TERS MALAYSIA P.*t Kolortg (36) 7355 Tel ***** ***** Comptnia Aiftntina Da NavqpciM Intarcsntinantal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOADING FOR DURBAN. CAPETOWN BUENOS AIRES PATAGONIA ARGENTINA Transportadon Marrtima Maxicana S.1,054 words
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Advertisement852 1978-03-20 14 m JARDIN fc ANTAH 1 Orient Overseas Co*tiaMieA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA,SUEZ) Sport P Ktta«| Solon ItMeort Hboq dam M H. ROM CONTAINER 9M 11/3 i/« M/ 4 M/ n/t M/ K ORIENTAL CHIEF 8N 1/4 10/4 27/4 M/ 4 2/5 4/5 6/ SUM BRIDGE 15* 15/4852 words
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Page 15 Advertisements
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Advertisement1192 1978-03-20 15 MNM MiW MMIUtC [ffltSS lUM BAT HMMH kmc IMC imin KITANO MARU UIKI MARU CtTT Of EBINMRCN 14 Mar M Mar 1< M> II Mr II 17 Mar It Mar IB Apr 21 Apr 11 s ik i ah a Atr ir h m IS Mr S Ma; I May1,192 words
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Advertisement1093 1978-03-20 15 Ben Ocean A )oct aemce of Ben Line, Bkte Fimnei Glen Unc and NSMO TB ((CONTINENT (fa tmt) Due S npporp P. Kelang Ff'>"| I*roo9 PATROCIUS 2/ 4 Apr 13/1S >•' 11 12 M' 11 May Bilbao. A»st. H'burg, Cbblin. I pool. BENMHBR 11/11 Apr 11/1T Apr 1J Mi? Lsooa,1,093 words
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Advertisement1035 1978-03-20 15 BEN LINE CONTAINERS LOOTED LPS M BURG I HAVEN 0 DAM HAVRE SCTOH SiKfipcrt f. blmi W. Cermaaf l«str.a Oena.ax Irwct All U.K. SuMian--34 Ml' II Mar 77 Mar 71 Mar j am i Apt 1) A«r IS Apr m am n KNAIHR 14 Mar 1* Mar 1 II Mr1,035 words
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Advertisement917 1978-03-20 15 Scan Dutch V EXPRESS CONTAINER SERVICE VIA SUEZ WESTBOUND TO MED/UK/ CONTINENT/ SCANDINAVIA eeler lion P. Relang Vessel S'pore 1) Mseilles 71 Ida* 3) Hburg 4) Gbur( St lANOIA til 1 W/ 11/ 4 IV 4 feeler from P. Reiang Vessel SIIANOIA funcisci n mi iiiima lIIANORA 14 4 TOVAMA917 words
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Advertisement706 1978-03-20 15 GUTHRIE BOUSTEAD agencies LMBS FN L t V AFRICA OLIVEtANK (Mavrititt. Reunion. Mt»u, T»ng» Beira. Durban, EL, PE Capetown) Penang P keling It/It Mk S'pofi la Pt/lS K« TESTBAM iMaufitms. Reunion. Durban. Mombasa. Tonga D'ulua, EL, P.E., Capetown) Penang P. Kelang U/H Apr Sp«re tJ/17 Apr Eton CAST a tMTI706 words
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Page 16 Advertisements
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Advertisement1021 1978-03-20 16 "K" LINE KAHBA LVD. FniT Mimsa soma ti ohhk rvu vkh Sport P.Mmi LHavre H'burf BrtiMi HONGKONG CONTAINER JW 31 Mar I*^2l^2l*^22^ ORIENTAL CHIEF IW JMr M ART J£» > JJ»» SEVEN SEAS BRIOGE 15W 15 Apr II Apr 7 Maj S May II Hay MIENTAL RESEARCHER 1* 22 Apr1,021 words
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