The Business Times, 8 April 1978
1978-04-08
1
12
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section11 1978-04-08 1 BUSINESS TIMES M.C.(P) No. 218/1/78 SATURDAY, APRIL 8, 1978 50 CENTS11 words
-
BRIEFLY...
-
Article73 1978-04-08 1 UPI MANILA, Frl. The Philippine government coalition party's candidates moved slowly towards victory today In the crucial Manila area in the first elections held under President Marcos' martial law rule. Candidates of the opposition People's Power coalition, led by Imprisoned former Senator Benlgno Aquino, Jr charged massiveUPI - 73 words
-
Article65 1978-04-08 1 Reuter HONOKONO, Frl. Hongkong Financial Secretary, Philip Haddon-Cave, said he will explain the proposed amendment to the Inland Revenue Ordlnanqe on Banking Income next week. He would tell the Legislative Council during the Budget debate that the proposed amendment is reasonable in Its Intention, consistent with the generalReuter - 65 words
-
Article101 1978-04-08 1 AP KUALA LUMPUR, Frl. Member countries of Asean will Include a few hundred Items under the Asean preferential trading arrangement (PTA) this year. The director of external trade of the Ministry of Trade and Industry, Sabaruddln Chik, said no doubt, the present 71 items that had alreadyAP - 101 words
-
Article66 1978-04-08 1 ZURICH, Frl. This month's meeting of central bank governors at the Bank for International Settlements Is expected to be low key with no major special topics on the agenda, informed sources said. The talks, starting on Monday, are expected to continue their running examination of foreign exchange66 words
-
Article74 1978-04-08 1 UPI WASHINGTON, Fri. Higher unemployment among black women and black teenagers nudged the nation's Jobless rate up to 6.2 per cent In March for the first Increase In seven months, the US Labour Department said today. The increase fromj.l per cent in February was the first since AugustUPI - 74 words
-
Article33 1978-04-08 1 MR. HWANG Peng Yuan has been appointed as Singapore's new ambassador to Belgium. Prior to this appointment, Mr. Hwang, 42, was the executive deputy chairman of the Economic Development Board.33 words
-
Article61 1978-04-08 1 UPI NEW YORK, Frl. Prices were mixed In early trading today following somewhat depressing economic news from Washington. Turnover was active. The Dow Jones Industrial average, fractionally lower Just after the opening, was still maintaining a low profile shortly before 11 a.m. It was off 0.35 point toUPI - 61 words
-
-
Chief Price Changes
-
Article124 1978-04-08 1 Rises Most OCtlYO L td Malacca 370 +20 API 390,000 Bovli Supreme Corpn F E Laving aton 220 +20 104,000 324 14 Haw Par 128,000 PMC 336 12 UOB 118.000 Milan Ctainar* 187 12 Total Turnover: 3.74 m Setron 217 11 Total Value: 17.04 m M Flour124 words
-
Article, Illustration167 1978-04-08 1 Rites Most octivo K T Pau Cutlefleld Yeo HS PMC. M Contain Fe-L'«ton N S T. Cnsol PU UE (M) API. M Glass Rothmarvs 2.SO BOO 2.57 3.46 IBS 3.34 3.84 3.80 1 16 1.41 1.50 3 80 .20 .20 +.14 +.14 +.13 +.12 +.10 +.10 .08167 words
-
-
Article1282 1978-04-08 1 COLIN CHEE - CORPORATE INVESTORS WANTED By COLIN CHEE A TOTAL of US$45O million (551.03 billion) fixed rate Asian dollar certificates of deposit have been issued since the start of this year for periods of up to 12 months. This, said Mr. Ng Kok Song, deputy manager1,282 words
-
Article133 1978-04-08 1 AP Reuter SAUDI Arabia's Oil Minister, Sheik Ahmed Zakl Yamanl, said the oil price was certain to increase once Western economies recover and the demand for oil rises. He said on Thursday although his country was affected by the dollar depreciation, Opec is notAP; Reuter - 133 words
-
441 1978-04-08 1 THE state of the global economy and the 7th review of quotas will be the most Important topics In the series of International Monetary Fund meetings In Mexico City from April 27, informed sources said in Washington. On the first day, the Group441 words
-
Article172 1978-04-08 1 Reuter INDONESIA and Kuwait have agreed to build an oil refinery on Batam Island, to the south of Singapore. Pertamlna president Plet Haryono said only the technical aspects of the project have been discussed at recent negotiations while the cost of construction, the priceReuter - 172 words
-
315 1978-04-08 1 Reuter THE EEC announced new proposals to counter what it celled the aggressive, noncommercial behaviour of communist shipping lines which undercut Western carriers by up to 40 per cent. An EEC spokesman said the executive commission had drawn up draft measuresReuter - 315 words
-
563 1978-04-08 1 CHAN SONG SOO - ■y CHAN SONG SOO SINGAPORE Shipbuilding and Engineering (SSE) in Jurong is likely to win a multi-million dollar contract to build up to 12 fast and low-cost patrol boats for the Singapore Navy, and perhaps launch the Republic into the naval craft563 words
-
Page 1 Advertisements
-
Advertisement21 1978-04-08 1 B LANIER COURIER the perfect secretary... 5" high 2Vr wide lOoz. wt. works 24 hours a day and never grumbles SateAewt:ooNfVfc'M£3293B/*****321 words
-
Advertisement142 1978-04-08 1 LATEST ISSUE The latest Issue of the ASEAN Business Quarterly follows two major themes: The modernisation of rural areas and world markets for toys and games. The former attempts to get at the roots of economic motivation among 80% of the ASEAN population. The latter explores the British, American, West142 words
-
Advertisement73 1978-04-08 1 Lttdtr Pig* 6 PEOPLE la b—law WHAT Hollar thlaks of local UBOOOO CHINA No overnight cure neera: Avalanche of profit In 1M0? LNG carrier floot expected to CITY Development la tho red 11 •well 5 NO aeeuraace on 888 fare 12 PERSONAL lota market BANKING oa new capital rivalry intensifying73 words
-
Advertisement400 1978-04-08 1 I:\vrcft Lines KM TM* MOST RIQUINT IAIUNOS TO CMITTAGOWC •CALCUTTA CMALMA RANGOON. Everett Steamship Coprn. S/A THESE ARE THE BOOKS THAT HITLER BURNED i THE GREAT BOOKS OF WESTERN CIVILIZATION Theae in the book* that had to burn For within th« GREAT BOOKS »rt volumes that hold the ideas and400 words
-
-
TRADE AND INDUSTRY
-
Article513 1978-04-08 2 TERESA LIM - By TERESA LIM ALL NEW telephone subscribers In Singapore will be offered push-button telephones from 1979. The rotary dial telephones of old subscribers, meanwhile, will be phased out over three to five years from that date. In conjunction with this, the Telecommunications Authority of Singapore (TAS)513 words
-
Article, Illustration230 1978-04-08 2 THE American Express International Banking Corporation announces the election of Mr. Tan Puay Hiang to assistant vice president effective from March 24, 1977, the first Singapore staff to be elected to that position. Mr. Tan Is also appointed manaeer-marketlng responsible for the development of commercial banking and230 words
-
255 1978-04-08 2 SINGAPORE managers are as capable as their European or US counterparts. If anything, they are only unfamiliar with Western management principles because of geographical reasons. This assessment was given by Mr. Robert Heller, editor of "Management Today", following his one-day seminar held at255 words
-
Article513 1978-04-08 2 NOORJAHAN KARIM - ■y NOORJAHAN KARIM MERCHANT banks In Malaysia are seriously looking at the Implications of the Banking Act, 1973. Their discussions have taken on a note of urgency with the statement In Bank Negara's annual report for 1977 that "the time has come for the operations513 words
-
Article111 1978-04-08 2 THE Botticelli, concave cut and the weave piggyback germ are some of the latest air creations and techniques the Vldal Sassoon artistic team will be showing off to local crimpers on Sunday, at the Shangri-La Hotel. The Sassoon team, headed by Mr. Christopher Brooker, international artistic111 words
-
Article72 1978-04-08 2 UNITED Overseas Finance was elected chairman of the Finance House Association of Singapore management committee at Its recent annual general meeting. Wayfoong Mortgage and Finance and Golden Castle Finance Corp were elected vice-chairman, Fourseas Finance honorary secretary and Overseas Union Trust honorary treasurer. Committee members were Credit72 words
-
Article130 1978-04-08 2 DATE TITLE COURSES AND TALKS LOCATION ORGANISER April 3-20 Industrial Relations Hilton Personnel it Organisation Development April 24May 11 Employee Training Development Hilton POD April 27 Export Financing Shangri-La IBF May 15June5 Compensation Employee Benefits Hilton POD June 25July 3 Employee Relations Communications Hilton POD July 613 Financial130 words
-
Article, Illustration128 1978-04-08 2 Listen to this SONY will be marketing its Betamax video cassette recorder here sometime in July. Mr. Y. Kuroda, deputy managing director of Setron Electronics, Sony's local agent, said that the Betamax uses a paper-back-size cassette which permits up to 3 hours and 15 minutes of recording time. The cassette128 words
-
Article270 1978-04-08 2 UPI VAN JACKET one of the top Japanese men's clothing manufacturers, has virtually gone bankrupt with debts totalling more than 50 billion yen (***** million). Kensuke Ishlzu, owner of the firm and well-known Japanese men's designer, said his company applied on Thursday to the Tokyo DistrictUPI - 270 words
-
-
Page 2 Advertisements
-
Advertisement324 1978-04-08 2 The first new idea in encyclopaedias in over 200years-Britannica 3. Britannica 3 does what no other encyclopaedia has ever done before: It serves the three basic needs of users in three distinct ways. That's what makes it the most useable reference work ever developed. That's why Britannica 3 is the324 words
-
-
Page 2 Miscellaneous
-
Miscellaneous624 1978-04-08 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 4 Menders of drains? (6) 7 Whence to take air trips (8) 5 What can drip? (3-3) 10 Mark get* nothing off him (3) 13 Weed water (4) 14 Lone reformer (4) 15 He's less than the best of friends (4) 14 Cut a huge624 words
-
-
OVERSEAS
-
736 1978-04-08 3 Reuter NYT U8 TREASURY Secretary Michael Blumenthal said New York City may not get federal financial help unless It can hold down Its labour payroll. Mr. Blumenthal told New York Mayor Edward Koch he feared the 6 per cent wage Increase grantedReuter; NYT - 736 words
-
302 1978-04-08 3 Reuter GERMANY had a provisional current account balance of payments surplus of 497 million marks (***** million) In February after a revised 358 million mark deficit In January and a 343 million surplus In February last year, the Bundesbank said. The Bundesbank said Germany'sReuter - 302 words
-
Article590 1978-04-08 3 Reuter THE IMF will consider Peru's request for a waiver to allow the country to resume drawings from the US$lOO million (SS23O million) standby credit granted last November. Sources said Peru received one instalment of the credit, but failed by a large margin to meetReuter - 590 words
-
Article380 1978-04-08 3 Reuter PRESIDENT Carter said yesterday that the proposed farm bill Intended to raise crop prices Is too Inflationary and would be vetoed If It is passed by Congress. Mr. Carter, In a letter to congressional leaders, said the bill would raise the Inflation rate for food toReuter - 380 words
-
WORLD IN BRIEF
-
Article514 1978-04-08 3 Agencies THE BANK of Japan warns that South Korea will become an economic power posing a threat to Japan if It continues growing at the present pace. In a report on South Korea's present economic situation and Its relations with Japan, the bank said Korea Is fast catchingAgencies - 514 words
-
-
321 1978-04-08 3 Reuter CITICORP vice-chairman, G.A. Costanso, said US economic expansion will continue through 1979 on present momentum plus the added stimulus inherent in the US Council of Economic Advisers' 11 per cent nominal growth targets. But, in a wide-ranging speech to the International InstituteReuter - 321 words
-
Article132 1978-04-08 3 UPI AN AMERICAN travel Industry official said on Thursday that some of the Carter Administration's tax measures are not conducive to the promotion of worldwide tourism. Edward Johnston, an executive of the San Francisco-based Pacific Area Travel Association said In Manila that these measures mightUPI - 132 words
-
Article316 1978-04-08 3 INDEPENDENT British economists using the Treasury computer model of the UK economy forecast an end-1979 balance of payments current account deficit of £1.5 billion (SSB.4 billion) annual rate. The economists see the current account, currently In surplus, running Into deficit as rapidly In 1978/79 as316 words
-
1118 1978-04-08 3 DEFICIT LESS THAN CARTER'S NYT AP THE US House of Representatives' Budget Committee approved a tentative fiscal plan on Thursday night that calls for a US$5B billion deficit (about Ssl34 billion) in the American fiscal year beginning this Oct. 1. The committee's proposed deficit wouldNYT; AP - 1,118 words
-
Article504 1978-04-08 3 Reuter US MONEY supply growth (luring the latest week continued to fall behind expectations, leading analysts to believe the market will reassess Its expectations of an imminent firming in monetary policy. For the week ended March 29, the Federal Reserve Bank reported a US$6OO million (551.38Reuter - 504 words
-
-
Page 3 Advertisements
-
Advertisement282 1978-04-08 3 NEW ISSUE These securities have been sold outside the United States of America. This announcement appears as a matter of record only. 22nd March, 1978 U.S. $30,000,000 Republic of Panama 9i per cent. Notes 1983 (Extendable at Noteholder s Option to 1988) Merrill Lynch International (Asia) Co. The Nomura Securities282 words
-
-
RAW MATERIALS
-
Article424 1978-04-08 4 PRICES here were unchanged at the outset yesterday. Thereafter, the prices firmed on shortcovering, speculative buying and forward demand. Profit-taking at the higher levels was well absorbed, dealers said. Volume was moderate. The morning session closed higher with April One RSS buyers quoted at 201.50 cents424 words
-
Article30 1978-04-08 4 Rubber: April 7: Binf par«: April 201.50 cents (up 0.50 cent) Malaysia: M«y 205.75 oents a 0.75 ctnt) $1,513 (op IX) Official offering: 110 tonMa (down II tonnoa)30 words
-
Article311 1978-04-08 4 Prices In cents per kilo yesterday: Noon (per kilo) Cloee (per kilo) Int. 1 R.S.8. prompt f.o.b. Int. 1 R S 3 April Int. 1 R.S.S. May Int. 2 R.S.S. UK/Cont Int. 3 R 8.8. UK/Cont. Int. 4R S S. UK/Cont. IntS R.S.S. UK/Cont. Buyers 201.00 201.75 201.75311 words
-
Article91 1978-04-08 4 NOON SSR and SMR prices yesterday: RAS Amil (CiuTM Mth) Buyer. Sailers (onupvkfi May (Forward Mth) Buyers Sailers (cents per kf) SSR 20 (1—ton pallet) 192.50 194.SON 193.50 195.SON SSR SO (1—ton pallet) 190.SO 192.SON 191.50 193.SON MRELB May June SMRSCV SMR SL SMRS SMR 10 SMR91 words
-
Article70 1978-04-08 4 C.I F North European porta in US dollars per ton unlets otherwue stated: LONDON: Thursday Previous Malaysia 5% fa bulk per tonne June Sumatra 5% (la April May June Juiy August September Nigeria 5% Ma bulk stg Ml all unch SMttpd 580/555pd 550/545pd 535/532 unch unq 55#slr 535pd70 words
-
Article391 1978-04-08 4 ROBUSTA futures In London yesterday opened with gains of £2 to £12 per tonne from the previous day. Turnover was 140 lots and the official market tone "slightly easier." Early trading, based on New York's close, made for Initial gains of between £10 and £15 la May and July,391 words
-
Article374 1978-04-08 4 PEPPER and coffee prices all eased in a quiet Singapore produce market yesterday. All grades of the white peppers were quoted $5 lower while a greater fall of 910 was seen for black peppers. About 220 tonnes of loose pepper corns arrived from Sarawak. A decline of $10374 words
-
Article348 1978-04-08 4 TERMINAL cocoa finished the first call in London yesterday £7 to £25 per tonne down on New York but rallied In open trading on chart and trade support, to erase much of the loss and In fact moving ahead in near May. But, again, the market turned easier in348 words
-
Article213 1978-04-08 4 THE sugar market closed slightly higher yesterday In continued dull and featureless trading with four lots traded, the same as Thursday, dealers said. Only September and October deliveries were traded, which rose 0.17 and 0.05 US cents, respectively. The Hongkong dally spot sugar price was steady at 7.70213 words
-
Article203 1978-04-08 4 BANGKOK rice prices were Suoted as follows yesteray: (In U8 dollars per tonne, f.o.b. basis Bangkok) While Rice: 100 pet Ist class 442. 100 pet 2nd class 427.100 pet 3rd class 422. 5 pet 413. 10 pet 400, IS pet 392. 20 pet 387. 25 pet 377. 35 pet203 words
-
Article154 1978-04-08 4 AFTER a nervous and choppy trade that swung prices sharply to either side of Wednesday's close, soybean futures finished the session with mixed price changes in Chicago on Thursday. The May contract closed at US$6.B6Vi a bushel, extending its premium over July to 11 cents as July closed with154 words
-
Article91 1978-04-08 4 WHEAT futures finished the session in Chicago on Thursday, Just above the day's lows, posting losses of three to 1W US cents a bushel. Local selling weakened the market, despite appearances of exporter buying. Prices fell as much as five cents at one point as losses extended on com-mission-house91 words
-
Article197 1978-04-08 4 YAKN and cotton In Hongkong dollars, spot ex-godown: Cotton Vara: China Blue Phoenix 20s I 765. 32s 2.060. 40s 2.190 (per bale of 400 lbs). Piece Geodc China Butterfly and Olobe Brand unq. Dragon Head unq. five Lainbs unq. Flower and Butterfly imq. Flying Ueese unq (per piece197 words
-
Article248 1978-04-08 4 REDUCED offerings pushed the Straits tin price In Penang MS26 per plcul higher to 11,513 yesterday, *13 above the International Tin Agreement celling. Dealers said turnover was low, apparently due to miners' holding back supplies from the market. Turnover fell to 110 tonnes from 121 tonnes on Thursday,248 words
-
Article55 1978-04-08 4 ZINC had morning gains of 11.50 for cash and £2 for Three Months In London yesterday. Early short-covering in the pre-inarket took Three Months to 1316 but eased back to 1311 following the downturn In copper. In the ring, end-week short-covering steadied Three Months to i'3l4. Sales of 3,30055 words
-
Article216 1978-04-08 4 SUGAR futures finished the opening call in London yesterday down by £0.90 to £0.25 from Thursday but fluctuated irregularly in quiet open trading. The easier tendency could reflect the day's Tunisian buying tender for 10,000 tonnes of both raws and whites which might be expected to attract a fair216 words
-
389 1978-04-08 4 DURING the fortnight interrupted by the long Easter recess, the softer undertone of late persisted as prices slipped back gradually some four cents before recovering slightly. Conditions were generally Idle before and after the market holidays with incentive lacking and currency aberrations still tending to389 words
-
Article280 1978-04-08 4 COPPER wlrebars closed the morning in London yesterday £0.50 higher for cash and £0.50 lower for Three Months. The early pre-inarket was sharply higher following the New York close, with Three Months trading up to CT23 per tonne. Later, long liquidation and profit-taking erased gains based on revised estimates280 words
-
Article170 1978-04-08 4 SILVER on the London Metal Exchange yesterday closed the morning with losses of 0.3 to 0.1 pence per troy ounce. Values were marked higher initially in the premarket, reflecting the gains at New York, but an easier trend in gold then dampened sentiment and prices fell back sharply before170 words
-
Article517 1978-04-08 4 THE KILOBAR in Singapore yesterday opened lower at 3513,5317d0wn $10 from the previous clow. As a result of the squaring of positions ahead of the weekend, prices moved lower during the day to close at $13,445. Trading in the morning was active but turned quiet In the afternoon. In517 words
-
Article61 1978-04-08 4 LEAD closed the morning mostly £0.50 lower In London yesterday. The early pre-market gave ground In sympathy with the downturn in copper. with Three Months trading from £317 down tc £313 before short-covering and profit-taking purchases reversed the trend. The ring closed with Three Months business at £316. Sales61 words
-
MONEY AND EXCHANGE$
-
Article441 1978-04-08 4 YESTERDAY saw another round of thin trading onthe foreign exchange market with the US dollar holding its own against the major currencies. Opening at 218.70/80 against the yen, the dollar shot up 219.30/40 in the morning and by lunchtlme went to the day's high of 219.85/05. The dollar,441 words
-
Article69 1978-04-08 4 THE PRIME rata of moat commercial banks in Singapore now stands at 7 per cent. Oversea-Chinaae Banking Corporation ia a till offering 6V« per cent to its boat customer* while both Chartered and United Commercial Bank are their prime rataa at per cent. The atated prime rate69 words
-
Article146 1978-04-08 4 Asian rates ASIAN currency deposit interbank rates u at clo*e on April 7: US Doll ere (Spot) 7 day* Offer BM 15/1# 1 mth 7 i/a 2 mth* 7 1/4 3 mth* 7 1/2 7 3/8 8 mth* 7 3/4 9 mth* 7 13/18 12 mth* 7 15/16 8*. Pre.146 words
-
Article132 1978-04-08 4 AIDED by its advance against the yen in Tokyo, the US dollar yesterday closed firmer against major currencies. Business volume was small with most trading restricted to commercial demand as many dealers were attending the Asian Foreign Exchange and Money Dealers Congress here. The dollar rose to 1.8720/30 against132 words
-
Article47 1978-04-08 4 RESULTS of tender held on April 7 for 91-day Treasury bills to be issued from April 10 to April 14: OtUnd: t30.000.000 ApplM tar: r70.a00.000 AUatlarf <30.000.000 Ampied Ma: 20 4pproUttu«l«ly 41V higher bid* In full A(Wl|» ral* of diaeoum m alkotmm: S.IMI aa47 words
-
Article253 1978-04-08 4 AS TRADING got underway here yesterday, the dollar moved slightly upwards notably against the mark which eased to around 2.0170/80 from 2.0145/60 overnight. Continuing pressure on the Norwegian and Danish crowns ahead of yesterday's EEC 'Summit meeting In Copenhagen was pulling the dollar up against the mark although trading253 words
-
Article242 1978-04-08 4 IN VERY quiet and featureless trading ahead of President Carter's antiinflation proposals next Tuesday, the dollar closed on Thursday little changed from overnight levels. Dealers said rates showed little fluctuation as operators are reluctant to take up positions until Mr. Carter s programme is disclosed. A smaller-than-expected 0.6242 words
-
Article167 1978-04-08 4 THE US dollar for overnight delivery yesterday closed higher at 219.20 yen, up from a 218.70 opening and 218.95 at Thursday's close. Dealers said trading was quiet with volume US$352 million and no central bank intervention was detected. The dollar rose in earlv trading to a day's high of167 words
-
Article107 1978-04-08 4 Euro rates QUIET and featureless early trading was reported in Eurodollar deposits yesterday. Short dates, if anything, were a fraction softer for choice, dealers said. Fixed dates opened around overnight levels and have barely moved. Not much rollover or Par Eastern interest has been noted. Eurodollar deposit* opening quota* on107 words
-
Article50 1978-04-08 4 FRANKFURT exchange* opening quotes on April 7: US 2 0155/70 (2.0155/65) Can 1.7725/45 8« 3.774/764 DTl 93 56/«« s ft lon.n ts Ut 2 365/75 r f'r 44 25 45 N Kr 37.72'12 B Fr (ron) 6 3788 3W8 H Kr (Hill 6 3W5 405 Yen U Hliw io50 words
-
Article59 1978-04-08 4 AU8TRALIA and New Zealand exchanges on April 7: AUSTRALIA: US dollar 1.1495/1 1447 Sterling 0 6152/0 Ml Ninety-day air mail buying rate* Sterling 0-M07 us dollar M7M Ninety -day forward buying rates Sterling 0 6146 US dollar 1.1474 NEW MA LAND: Sterling 0 54BS/0 54M US dollar 1.QS2S/1.0B2S Ninety-day59 words
-
Article62 1978-04-08 4 ZURICH exchanges closing quotes on April 8: US 1 M2S-M43 SL« 3 4927-4(85 CM 1 8388-8384 O MK KMU-Hil D n M 4783-8083 FPr 40 9345-41 0185 P Ft 5 9180-9258 D Kr 33.9037-4296 N Kr 34.U11-MM 8 Kr 40 8792-72M Lit 0 2188-2192 Aua vh 12 8482-8854 Hurt62 words
-
-
-
Page 4 Advertisements
-
Advertisement119 1978-04-08 4 For a Successful BANKING Career ILIT PTA ffcRA MA I SCRI NEI'I study with Wisey Hall for the Institute of Bankers CONVERSION COURSE Successful candidates of the Conversion Course will gain direct entry to the Institute of Bankers Part II or Stage II examinations leading to the Banking Diploma (AIB).119 words
-
-
TRANSPORT
-
Article, Illustration919 1978-04-08 5 .BY 1985 a fleet of 115 liquefied natural gas (LNO) carriers will be required to cater for the increase In export of LNO, largely the result of rising demand for "clean" energy by the Industrialised world. According to a publication by the Ocean group,919 words
-
Article254 1978-04-08 5 Reuter BANK loans to the shipping industry against mortgaged vessels currently total about US$l5 billion (5534.6 billion), according to Michael Revell, vice-presi-dent of Marine Midland Bank. He told a Seatrade conference In London that American, Japanese and German banks account for at least 80 perReuter - 254 words
-
Article35 1978-04-08 5 THE Australian tonnage committe announces that the Australian Conference Lines will, from April 16, reduce the currency adjustment factor (CAF) from the UK to plus 2.99 per cent, from plus 4.35 per cent.35 words
-
Article, Illustration363 1978-04-08 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Cecllle Maersk (after Fuji Maxim Qorkly) 47 Ende (1800 25 Fortune Runner (0600) 15/16 Hagurosan Maru (JJFV) (0600) 10/11 Hel (after Vlshm Vlkas Toro) 35/36 Makeverett (1300) 31/32 New Lark (0700 29/30 Ocean Supply (0700 after Cherry Villa) 48 Samulun (2300 after363 words
-
Article143 1978-04-08 5 AP GREAT Lakes grain featured again when Peabody fixed the "Reynoldi" from Toledo and the St. Lawrenoe to the Antwerp Hamburg range with a total of 27,000 tona at the respective rates of US$l7 (5139) and $10 (FIO). Great Lakes trading also generated some timecharter employment withAP - 143 words
-
324 1978-04-08 5 Reuter A US congressional subcommittee on Thursday unanimously endorsed an international panel's tentative approval of a new Ame-rlcan-made aircraft landing system for worldwide use. The endorsement came from the House of Representatives government operations sub-committee on transportation. It said in a draft report it couldReuter - 324 words
-
Article83 1978-04-08 5 AIRLINES must begin planning now to meet the world's transport needs of the 2lst Century. Scandinavian Airlines System president, Knut Hagrup, said on Thursday at a Scandinavian trade conference at Pacific Lutheran University (Washington) world airlines must not allow technological changes and other developments upset the83 words
-
Article106 1978-04-08 5 AFP THE FIRST British second generation hovercraft an enlargement of an earlier model was launched In Cowes on Thursday. Called the model Super-4 and named the Princess Anne, the new craft can carry 416 passengers and 00 cars. It was designed and made S 3rltlsh Hovercraft Corration andAFP - 106 words
-
570 1978-04-08 5 UPI AP US DEPUTY Transporta- tlon Secretary Alan Butchman said on Thursday the United States won almost everything it asked for at a recent International conference on tanker safety and should quickly approve agreements reached at the talks. Mr. Butchman, testifyingUPI; AP - 570 words
-
Article669 1978-04-08 5 ARRIVALS Service Local Operator Number Time Prom CALL CI333 0040 TPE/HKG/KUL TMA TL345 0.130 BEY/DXB/BOM MAS MH682 0725 KCH MAS MH621 0840 PEN MAS MH671 0945 PEN/KUL CPA CX710 1005 HLP CAL CI814 100C HLP RBA BI323 1025 BWN GIA GA980 1030 HLP THAI TG423 1035 BKK669 words
-
-
Page 5 Advertisements
-
Advertisement256 1978-04-08 5 m E <9 yj s/r m m 9. ft V w m M WW I 1 a (St I I i H i««S ■I V Va tiM' m >N* W an 9 <ivw 111? I m a a m m 1 gas S3 DON'T CROWD ROUND OTHERS, LET OTHERS CROWD256 words
-
-
Article481 1978-04-08 6 THERE has been of late a discernible movement by the Malaysian government away from socio-poli-tical posturing towards the acceptance of harsh economic reality. Just how far they have moved Is shown In the recent remarks by Deputy Prime Minister and Minister of Trade and Industry,481 words
-
Article306 1978-04-08 6 THIS month's International Monetary Fund meetings may set the stage for less emotional and therefore more constructive talks on the problems of global economics and the distribution of wealth. Discussion on Third World concerns by Its development committee, in fact, may be the closest306 words
-
Article, Illustration1494 1978-04-08 6 COLIN CHEE - By COLIN CHEE THE personal loan market has become almost i playground for Singapore bankers anxious to flex their excess funds ln t nontradltlonal areas, to compensate for the now prolonged slack in Investment and commercial loan demand. Since the early1,494 words
-
Article873 1978-04-08 6 RUTH GRUBER - ■y RUTH GRUBER UPI IF YOU buy a house In London these days, you conduct your business In an Alice-in-wonderland world where nothing is quite what it seems. It's a sellers market where demand far outstrips supply. Prices have been driven up by as muchUPI - 873 words
-
Page 6 Advertisements
-
Page 6 Miscellaneous
-
Miscellaneous61 1978-04-08 6 WEATHERWEATHER outlook for Singapore from 6 a.m. to noon today: Occasional showers. Report for 24 hour* prior to 7.30 p.m. on April 7 at the airport. Maximum Temperature 32.9° C Associated Humidity 67 Minimum Temperature 24.1° C Associated Humidity 98 Hours of Sunshine 4.45 Rainfall in Millimetres 16.5 Total Rainfall61 words
-
Miscellaneous286 1978-04-08 6 m SINGAPORE 5 1.00 PM Opening announcements followed by Sesame Street 2.10 Saturday Matinee Sword Of Ali Baba, starring Peter Mann, Jocelyn Lane, Peter Whitney, Frank McGrath 3.30 Police Surgeon Dark Pages 0 3.35 Soccer Malaysia Cup '78 Singapore Vs Kedah 0 (Repeat) 4.55 Sandiwara Satu Tekad Satu Penentuan (Repeat)286 words
-
-
Article, Illustration1338 1978-04-08 7 ALAN CHALKLEY - »y ALAN CHALKLEY IT has become a topsy-turvy trading world. When you point this out to American statesmen in South-east Asia and there are a lot of them going the rounds they agree, with a shrug. "We just have to get out on our1,338 words
-
Article, Illustration772 1978-04-08 7 NOORJAHAN KARIM - »y NOORJAHAN KARIM IN A year of shrinking world trade, oil-importing developing countries increased their exports to industrial countries by 20 per cent In dollar terms. This was far higher than the 12 per cent increase in overall exportsImports of the industrial countries.772 words
-
Article436 1978-04-08 7 SEEN among the weekend hordes touring the new Lucky Plaza shopping centre in Orehard Road, the latest entertainment attraction in town, an anxiously interested Mr. S. Dhanabalan, executive vice-president of the Development Bank of Singapore, which of course owns the already successful shopping complex at Plaza436 words
-
Article1125 1978-04-08 7 FORUM, f 1 ...on investment By HOCK LOCK SIEW WHILE their husbands have been wasting their time tolling away at the office trying to eke out a Uvlng for the family, or holding serlQus discussions over lunch and cocktails on that' nebulous subject called "a profitableBy HOCK LOCK SIEW - 1,125 words
-
Page 7 Advertisements
-
Advertisement219 1978-04-08 7 UROPE and UK/IRELAND ngapore iate connections Central and r cities in ica. l&L mi E-1L yrf&r- v ROYAL DUTCH AIRLINES G2, Mandarin Hotel Arcade 333 Orchard Road Singapore 9. Tel: *****1 Gl6, Kompleks Antarabangsa/jalan Sultan Ismail Kuala Lumpur, West Malaysia. Tel: *****1 F7, Park Hotel Building P.O. Box 1060 Miri,219 words
-
-
Page 7 Miscellaneous
-
Miscellaneous49 1978-04-08 7 BriStdW: Franjc Dickens Tv4»S N€*T OFFICE ts —"fufcac UMTV*XTT SUGPtg ii ftftisTou)—How ouamy Times do HPWeTb BCTbID.WoU r?l9?r iPe^ rr UfIEJCMf *>°* UIORKl" IF I CATCH VDU slagcm once mote. B€. SORRvf RHP THRTS > f» PgomtSfe y i < V Is?v~^^ p»u)p>v/ THege.euzpsem f 1 CP*NT Bef* TO see49 words
-
-
INTERNATIONAL STOCK MARKETS
-
Article568 1978-04-08 8 TOKYO Source: DBS-Daiwa SHARE prices were substantially set back on the Tokyo stock exchange yesterday as Investors took to the sidelines. Following the strengthening of margin restrictions, nonMargin Issues such as Dalwa jelko, Tokyo Tana be, Tsugaml jind Hoya Olass were pur„,On the other hand, largeCapital issues suchSource: DBS-Daiwa - 568 words
-
Article457 1978-04-08 8 THE market was firm yesterday. with interest centring on Industrial leaders. Dealers said BHP rose four to 6.14 after earlier touching 6.18, while CSR gained seven to 2.70. the ANZ five to 2.75 and the Bank of NSW eight to 5.30. :!.~Among minings. North BH japse four to 1.13457 words
-
Article432 1978-04-08 8 Source: Sun Hung Kai Sec Ltd EARLY market sentiment yesterday was completely governed by lines of HK Bank shares on offer both from locals and overseas centres. Traders backed away in fear of an overspill Into other sectors. This Indeed was the case with Swire coming under pressure downSource: Sun Hung Kai Sec Ltd - 432 words
-
Article163 1978-04-08 8 APR 97 Bah is Asia Fibre 263 -4 Bangkok Bank 381 -4 Bangkok Invest. 374 -6 Bangkok-Metro-politan Bank Bata 800 unch BerllJucker 494 -a CarpetIntnl Charoong Thai Wire 316 -4 Dumex DusitThanl 325 -13 Faber Merlin First Trust 333 -13 Genera Finance Indo-Thai Industrial Finance Corp 2575 -10 J163 words
-
Article49 1978-04-08 8 FINANCIAL TIMES INDUSTRIALS Wednesday to 102'» H.K. HANG SENG Thursday 471.4 Wednesday 470.2 Week Ago 467.7 DOW JONES AVERAGE INDUSTRIALS Thursday 763.95 SYDNEY INDUSTRIALS Friday 402.60 Wednesday 763.08 Week Ago 759.62 LONDON DOLLAR PREMIUM Thursday 103'* to 103*« ALL ORDINARIES Friday 460.14 Thursday 459.44 Week Ago 454.9049 words
-
Article1146 1978-04-08 8 NEW YORK STOCKS, broadly higher In early trading turned mixed, finishing slightly higher In active trading on Thursday. Analysts said the market was following through on Wednesday's strong advance but was held back by news on Inflation. President Carter said he would announce new steps to fight Inflation1,146 words
-
Article190 1978-04-08 8 apr m AblUbl Atcan Alfoma Bank Mont Bank Nova Scotia Bell Tel Beth Corp BP Can Ltd Braacan Camp Red Lake Can Imp Bk Can par Canpac In* Pf CarUnj O Keefe Comlnco Corn Bath ConaMartoenor C» 12** 29* UK 19* It* J4* Is* 15* 35 27 17* KB190 words
-
Article355 1978-04-08 8 GOLD shares moved off the top towards Thursday's close following rumours of possible US Treasury gold sales. Most gold counters were, however, higher for the day in line with the higher bullion Indications, with trading quiet. Financial mlntngs were quietly mixed where changed De Beers gained tlx cents to355 words
-
Article638 1978-04-08 8 EUROPEAN MARKETS L J MOST European bourses closed firmer in lively trading. Paris prices went rirmer in an active session shortened by a bomb scare. Operators were satisfied with the new French government and the choice of Rene Monory as Economics Minister. Creusot-Lolre. initially unquoted due to638 words
-
Article237 1978-04-08 8 APR K Dm Aef-Telefunken 89 80 -0 3 Akzo 23 20B Allz Leben 620B Allz Vers 492 ♦2 BASF 138 50 -0# Bay H T Wbank 287 SOB Bay Vbank 319 SOB Bayer 142 70 -0 8 BBC 298 •2.1 BMW 228 Caaaella 385 unch Chem Verw 239 Com237 words
-
Article295 1978-04-08 8 APR OS Fra CORBEILLE Alr-Llquide B S N OervaLs Danone C 8 F (Thomson Cif) CleFrancaise desPetroles Compagnie Financlere Compagnle Generate Credit Foncler De France Hachette (Llbrairie) Machine*Bull Mlchelln(B) Parlbai Pechlney Clgine Kuhlm.inn Peugeot-Citroen Philip-.<N\ Gem Bent) Prln temps S A Rhone-Foulence SA Royal Dutch SuenCleFlnan De) Thomson-Brandt Uslnor295 words
-
Article102 1978-04-08 8 APR M Lire Anlc 99 75 1.5 Assoc Gen ***** 150 Bastogl 420 ♦5 Central? 3485 unch Flat 1»40 -8 Flnslder 75 25 ♦0.25 Genlmmob 74 75 -0 25 in Pri 2113 -1 Italcementl ***** +6 I taigas 632 Italslder 128 75 1.75 Magnet! M Pf 403 13 Marelll102 words
-
Article184 1978-04-08 8 APK OS Francs Actions Sulsses 270 unch Alusimse Br 1230 10 Alusuisse Keg 557 -3 Brown Boveri Br. 1620 -20 Clha Oeigy Br 1210 unch Clba Gelgy PC 885 10 (,'iba Gnp Reg 668 3 Credit Suisse Br 2355 -10 Credit Suisse Keg 455 -3 b'lektrowalt Br 1600 unch184 words
-
Article228 1978-04-08 8 APR Ot Fls ABN 346 50 *0.5 Ahold 102 50 Akzo 24 70 -0.1 AMEV 80 50 +0 1 Ainfas 106 60 +0 4 Amrot Bank 74 00 ♦0.1 Bergoss 56 00 ♦0 5 Berk 95 00 -1.5 Bols 68 40 0.9 Borsunuj 145 50 ♦5.5 Burhinann 64 80228 words
-
Article100 1978-04-08 8 APR M Fri FORWARD MARKET Acec 230 4-7 Artx»d 2225/ 498 +5 <■ Astur -22 iJ Brasran 441 xd -17'" Br u La m b 1440 +4 Canpar 470 -7 Cock 348 unch Dr Beers 167xd -7 Ebes 2340* rl Electrobrl 6250 *60 Ob-Inno-Bm 2090 70 Oev 1276 +6100 words
-
Article210 1978-04-08 8 Reuter AMSTERDAM: The Council of the European Options Exchange said It decided to extend trading hours during the first three days of business, to 1030 till 1500 local time, against he orglnally planned closing at 1230. The expansion of Investment potential afforded by the opening ofReuter - 210 words
-
115 1978-04-08 8 Reuter THE London Stock Exchange council said commission rates on options trading will be C 2.75 per option contract, normally of 1.000 shares, plus 2.5 per cent on the first €5,000 option money. 1.5 per cent on the next 5,000 and one per cent onReuter - 115 words
-
-
Page 8 Advertisements
-
Advertisement563 1978-04-08 8 11 US Orchard Road, S'pore 9. Tel: *****2 Pebble Bar Experience the unique expression of Tanla Great Sound Big Show You'll love the dynamic and versatile Tanla For memorable yester hits and today's favourites. Only happens at the Pebble Bar# Dally (except Sunday) open till 2.00 a.m. Coffee Shop Our563 words
-
-
INTERNATIONAL COMPANY NEWS
-
182 1978-04-08 9 NORTH AMERICAN COMPANIES Reuter MOBIL OIL Corp said reserves of the British North Sea Beryl field could total between 000 million and 700 million barrels as a result of discovery of additional reserves to the north of the original acreage. The company said in ItsReuter - 182 words
-
Article161 1978-04-08 9 Reuter A US Federal Appeals Court ordered termination of a grand Jury investigation of General Motors Corp regarding questionable income tax deductions. The Appeals Court said the Internal Revenue Service erred In having one of its lawyers assigned to the government prosecution team heading the grandReuter - 161 words
-
Article100 1978-04-08 9 UPI METRO QOLDWYN ME.YER (MGM) disclosed on Wednesday that It had licensed the motion picture, "Gone with the Wind," to CBS for US$35 million for re-runs on television over a period of 20 years. "Gone with the Wind" drew the largest audience for aUPI - 100 words
-
Article610 1978-04-08 9 NYT ALGERIA, which hu been pushing hard to develop Its gas resources and gas exports to the United States and Europe, is close to signing a US$55O million contract with the Canadian subsidiary of the Bechtel Corp to develop a large gas field In theNYT - 610 words
-
Article471 1978-04-08 9 NYT THE INTERNATIONAL Business Machines Corp, the giant maker of computers, has established a beachhead in the swiftly growing market for minicomputers. While In dollar volume minicomputers are by no means on the scale of their larger cousins, sales of the machines have been Increasing worldwideNYT - 471 words
-
Article361 1978-04-08 9 A FEDERAL judge ordered the Olin Corp on Thursday to pay US$5lO,OOO for charity programmes in New Haven as reparations for the company's illegal arms sales to South Africa. "A financial fine is not enough," said District Judge Robert Zampano before he Imposed the order361 words
-
Article102 1978-04-08 9 Reuter THE WRECK of Amoco Cadiz oil tanker off the cost of Brittany, France, will cost Standard Oil Co (Indiana) a total of US$lO million, Amoco International president Leland Adams said. The tanker, a total writeoff, Is covered by Insurance and the company's loss Is limitedReuter - 102 words
-
Article196 1978-04-08 9 EUROPEAN COMPANIES A WHOLLY -owned iiibddiary of Bank of America NT and SA, Bankhaua Ccntrale Credit AG is involved in diecuaaiona with Chaae Manhattan Overaeaa Banking Corp on poeaible acquiaition of Chaee's Familienbank diviaion in Germany. A apokeaman declined to give any further detaila of196 words
-
Article47 1978-04-08 9 AMSTERDAM: Algemene Bank Nederland NV said trading results in the first two months of 1978 Indicate this year will show a continuation of the steady growth over recent years. Already announced net 1977 consolidated profit was 235.5 million guilders, against 205.8 million in47 words
-
Article356 1978-04-08 9 Reuter LONDON: BICC Ltd announced pre-tax profit at t'47.12 million last year compared with t43.48 million In 1976. Sales came to 1997.8 million (1898.4 million). Earnings per share was 13.16p (9^7p) A final dividend of 4.8p net will be paid, making 7.05p (6.61) for the year.Reuter - 356 words
-
305 1978-04-08 9 SECOND HALF pre-tax profits at Ocean Transport and Trading slumped by a half from 1'25.9 million to 112.9 million and despite a first half lead of t' 10.85 million at 126.14 million the group finished 1977 behind at t39.08 million against 141.2 million. The305 words
-
Article88 1978-04-08 9 ASIAN COMPANIES UPI TOKYO: Matsushita Electric Industrial Co. said it will raise retail prices of Its products in the United States by an average 3 per cent this month. Shozo limura, president of the company, said the proposed mark-up could cover only 60 per cent of theUPI - 88 words
-
Article65 1978-04-08 9 SYDNEY: Hardboards Australia Ltd said it will close its hard board mill at Burnie, Tasmania, at endJune due to the poor outlook for building and competition from exports. Hardboards Australia, which is owned 50 per cent by CSR Ltd and 50 per cent by Australia Pulp65 words
-
Article84 1978-04-08 9 LONDON: Guest Keen and Nettlefolds Ltd said it filed an appeal with the West German Minister of Economics against the supreme court's decision not to allow the compan.v to raise its stake in Sachs Ag to around 75 per cent from 25 per cent. In February, the84 words
-
Article244 1978-04-08 9 Reuter MELBOURNE: Conzlnc Rlotinto of Australia Ltd (CRA) expects 1078 operating profit will be substantially lower than In 1077 unless there is a significant economic upturn and higher metal prices. As previously reported, the 72.6 per cent Rlotinto Zinc Corp Ltd owned subsidiary earned an attributableReuter - 244 words
-
Article143 1978-04-08 9 Reuter SYDNEY: Coment Holdings Ltd ana Australian National Industries Ltd (ANI) said they agreed to bring Bradken Consolidated Ltd under their control and to Jointly make a take over bid for the company. They said they already hold 67 per cent of Bradken and followingReuter - 143 words
-
Article176 1978-04-08 9 ZURICH: Credit Suisse announced it is preparing damage suits against a former director general and several other executives In connection with last year's scandal at its Chlasso branch that may hav« caused the hank losses of op to 1.2 billion francs. Board chairman Oswald Aeppli told176 words
-
Article69 1978-04-08 9 Reuter LONDON: Barclays Bank Ltd will continue Its policy of reducing Its Investment In South Africa. In reply to a shareholder's question over the bank's eventual Interest In Its South African subsidiary Barclays National Bank Ltd chairman Anthony Tuke said it Is likely to go below 50Reuter - 69 words
-
Article31 1978-04-08 9 Reuter THE 250 million mark five-year Eurobond for Norway was been priced at par and will carry a 4-3/8 per cent coupon, Deutsche Bank AO said as lead manager. Reuter.Reuter - 31 words
-
Article85 1978-04-08 9 Reuter TOKYO: Security Pacific Credit Hongkong Ltd, a Hongkong-based consumer finance company, announced a plan to establish a wholly-owned subsidiary In Japan with a paid-in capital of 300 million yen to start personal loan business in June. The plan has been authorised by the Japanese Finance Ministry,Reuter - 85 words
-
Article64 1978-04-08 9 HONGKONO: The Vietnam Oil and Gas Company and Demlnex of West Germany have signed a contract to explore oil in an area off the Vietnamese coast. The Vietnam News Agency said the contract was signed in Hanoi by Hguyen Van Bien, general director of the Vietnamese company and64 words
-
-
Page 9 Advertisements
-
Advertisement91 1978-04-08 9 peninsula hotel Coleman Street, Singapore 6 Tel: *****1 QUEEN S HOTEL 24 Mount Elizabeth, off Orchard Road Singapore 9. Tel: *****8 SB RAFFLES HOTEL 1-3 Beach Road, Singapore 7 Tel: *****1/***** SEA VIEW HOTEL Amber Close, Singapore 15 Tel: *****22 SHANGRI-LA HOTEL 22 Orange Grove Road, Singapore 10 Tel: *****4.91 words
-
-
DEALS DONE ON THE SES AND KLSE
-
Article1554 1978-04-08 10 BID and offer prices officially listed and business In and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown In brackets in lots of 1,000 units unless otherwise specified. AH Time Settlement Contracts are quoted after the world "sett". Big Board deal (In1,554 words
-
Article113 1978-04-08 10 Rep Spore D Mark 7* IM2 (100.000) (102 V.8 103SS) Rep Spore 7 3/4% 1987 (100.000) (90'/»B 99%5) 4 3/4% 1/5/79 (250.000) (100.75B) 5 1/4* 15/10/79 (250,000) (101.288 101 48S) 4 3/4% 15/9/80 (250,000) (100.058 100.555) C 3/4% 1/12/80 (250.000) (104.00B) 5% T F 15/4/81 (250.000) (102.958) 5%113 words
-
Article213 1978-04-08 10 B O T 8 1/2* IMI (100,000) 1101 HB 101HS) I O T 7 VB* IM4 (100,000) MS) BOT Floating IM4 (100,000) (WHB WHS) C Itok 8 1/8% IM4 (100,000) (M*B96HS) L T C B J 1 982 (100,000) (MHB 90 HS) LTCB J IMS (100,000) (MHB MHB)213 words
-
Article103 1978-04-08 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. Cold Storage (June $1.70) (0.548 0.645) V. C and C (June $2.20) (0.828 O.MS). F103 words
-
-
Article153 1978-04-08 10 SINGAPORE UNIT TRUST INCOME BOND UNIT IMutm' prim far April If) (Carraat rim) The Commerce in i w INCOME BOND 104 1.10 The Savinf Fund I 10 l.itad S pore Prof Fund S pore Security Fund 0.90 0.95 MARA BUMIPUTRA FUND 172 182 (Maaafars' priaaa First Bumlputra far153 words
-
Article2465 1978-04-08 10 1978 High Low Company Lut Sale +orGri Div DW CVr Gr'i Yli Nat P/E Vol <'000) Day High Low SECTION ONE INDUSTRIALS 181 213 136 300 72* 247 183 304 416 146 132 123* 112 260 60* 191 144 256 394 123 Ac ma Alcom Allied Choc2,465 words
-
Article1625 1978-04-08 10 BID and offer price# officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. industrial* Asms (1.758 1.808). (2.488 2.508) (2) 3.48 CALL Aleam (2.178) (1)1,625 words
-
Article, Illustration821 1978-04-08 10 SINGAPORE SELECTIVE buying interact accorded to mMd liner* provided the stimulns far tcfivt trading an the Stock Eicku|« of Singapore yesterday. Featuring prominently «u Associated Plaatioe Induatriee where Mock deck wore transacted. Thia counter «u again the moet active shore of the day with more than821 words
-
Article634 1978-04-08 10 INTEREST switched forcibly to lower-priced Issues on the Kuala Lumpur Stock Exchange yesterday amid a generally steady market. This handful of lower liners, lately neglected because of the market preoccupation with blue chips and heavyweights, came in for good bullish attention to record fairly strong gains634 words
-
COMPANY NEWS
-
Article, Illustration512 1978-04-08 11 THE deliberate slowdown in the development of Its existing properties coupled with high financing charges have pushed City Development into the red for the first time since 1972. The group incurred a pretax loss of MSI .34 million for the year ended Oct 31,512 words
-
Article, Illustration1039 1978-04-08 11 MANO SABNANI - ■y MANO SABNANI GROUP profits at China Engineers (Holdings) (CE) are likely to show little Improvement until 1980 when substantial contributions from its property development projects in Hongkong will begin to pour In. Realisation of the growing importance of the group's property potential led1,039 words
-
Article598 1978-04-08 11 SELANOOR Properties Is bracing itself for further stagnation or even a possible setback In earnings for the current year to Oct. 31, 1978, short of a pleasant surprise from development revenue. This forecast Is underlined to some extent by chairman Da to T.K. Wen's warning that598 words
-
Article1405 1978-04-08 11 April 6 CHICAGO Board Options Exchange volume was 140,739 contracts, up from 115,142 on Wednesday. OPTION APL JLY OCT STOCK Alcoa 40 13/16 21/8 3 40 3/8's Alcoa 45 i/ia 1/2 1 40 3/8 Alcoa 90 UNTRD NOL NOL 40 3/8 Alcoa eo UNTRD NOL NOL 401,405 words
-
Article540 1978-04-08 11 ARTHUR NG - »y ARTHUR NG THE transfer of Its detergent interest In the West Malaysian market to its associate operating there was cited by United Industrial Corporation as the maki factor behind the setback in group earnings for the first half year ended Jan 31, 1977. Group540 words
-
Article122 1978-04-08 11 Selangor Properties Bhd: AGM to be held at Tlngkal Kedua, Block E, Lompleks Pejabat Damansara, Damansara Heights, at 4.00 p.m.. on April 14. Ajinomoto (M) Bhd: AOM to be held at 8V» miles. Simpane Salak, South Baharu, kuaia Lumpur, at 9.00 a.m. on April 25. National Iron and122 words
-
Article132 1978-04-08 11 UNITED Plantation* Bhd: Unaudited group 1977 net profit Ml 14.37 million ($6.73 million) on turnover of $71.59 million ($47.50 million). Final dividend 12.5 Der cent gross (10 per cent gross)maklng 17.5 per cent gross (15 per cent gross). The company proposed a one-for-10 free share issue to shareholders132 words
-
Article699 1978-04-08 11 Current payment Ex I Date Book* close Date payable Total for Total for the yitr previous year Berjaya Kawat 7%TE Hume (M) Berhad SHI Sel. Coconut 10%I Malayan Tin 45%I Kuala Siditn Rub. 5%I Tronoh Mine* 58%(n) Ayer HiUm Tin 150%I Hume (FE) 5%I Batu Lintang 5%I Rivcrview699 words
-
-
Page 11 Advertisements
-
Advertisement174 1978-04-08 11 rtCV \sl°s,"U' xxC V; tie ■Yv The Foulks way means 1. Studying with the largest established firm of accountancy tutors in U.K. 2. Enjoying the benefits of over 90 years of tutorial expertise. 3. Being informed of the latest changes and current events and topics of interest and relevance through174 words
-
-
603 1978-04-08 12 l\ PARLIAMENT THE GOVERNMENT cannot give an assurance that bus fares will not be Increased In future, although It will see that fares will continue to be reasonable. Labour Minister Ong Pang Boon said this in Parliament yesterday during the second reading of603 words
-
Article170 1978-04-08 12 MANUFACTURERS and others, whose business involves the receipts and payments of foreign currencies, should consult their banks as to how foreign exchange risks can be minimised. Mr. Ooh Chok Tong, Senior Minister of State for Finance, said that most bfinks In Singapore have foreign exchange170 words
-
Article, Illustration799 1978-04-08 12 THE Malaysian government is confident that the target set for increased bumlputra participation in trade and Industry will be attained In the next 12 years without any need to resort to nationalisation. This was stated in Parliament by the Deputy Prime Minister, Datuk799 words
-
Article640 1978-04-08 12 NYT THE EFFORTS by foreign Interests to make a substantial Investment In Marine Midland bank In US suggest to some observers that many banks In need of capital may find It abroad. Marine Midland announced on Wednesday that its board had approved a financing plan wherebyNYT - 640 words
-
Article513 1978-04-08 12 Reuter OIL DEMAND will probably grow annually at about 3 per cent over the next few years and will moderate In the mld-to-late 1980s as other energy sources become more available. British Petroleum managing director, Peter Walters, told the International Institute of Synthetic RubberReuter - 513 words
-
389 1978-04-08 12 Reuter ONE OF the biggest areas of loss to natural rubber market growth potential Is the Intention of centrallyplanned economy countries to totally replace natural rubber by synthetic do1v1««prene. Clayton Ruebensaal, the director of corporate plannIng of Unlroyal Inc, addressing the International Institute ofReuter - 389 words
-
166 1978-04-08 12 THEATRES are cashing in on the recent increase in entertainment duty to boost their profit, according to .the Consumers Association of Singapore. In a statement issued yesterday, Case questioned the rationale for the proposed hike in cinema tickets and •aid that there Is no166 words
-
620 1978-04-08 12 Reuter AFP JAPAN'S exports remain brisk despite the rapidly rising value of the yen which has made Japanese goods less competitive overseas, a government report said yesterday. The monthly report from the Economic Planning Agency pointed out that there are no visible signsReuter; AFP - 620 words
-
Article751 1978-04-08 12 LONDON, Frl. Prices closed easier after a quiet session following light selling pressure and caution ahead of the budget, dealers said. Long-dated bonds were around H down after Y», with sentiment also dampened by fears of higher interest rates, dealers added. Leading industrials eased a Sw pence after751 words
-
Page 12 Advertisements
-
Advertisement247 1978-04-08 12 Leader Page 6 MCCPi BS-IV7B VOL 2NO 3 MAfICH 1978 PRCE $300 ■rfr, Two Y««r OifnuMN* (NC CommgtoiHMd LOftQffffy NMT lot COP thfMi Unwoftlnt Nductw Siflypow Trad* A Industry Subscribe now and get 12 issues of Singapore Business and 1 copy of the Yearbook (worth $6/-) plus a tree beautiful247 words
-