The Business Times, 11 April 1978
1978-04-11
1
16
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The Business Times
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Title Section11 1978-04-11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 TUESDAY, APRIL 11, 1978 50 CENTS11 words
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BRIEFLY...
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Article68 1978-04-11 1 AFP KUALA LUMPUR, Mon. Joint action by Asean nations against developed countries for their protectionist trade policies Is a serious matter and should be considered thoroughly, the director-general of Asean Malaysia, Kasslm bin Mohamed Hussein, said today. Commenting on recent press reports that Asean countries might considerAFP - 68 words
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Article57 1978-04-11 1 Reuter TOKYO, Mon. The president of Japan's Federation of Economic Organisations (Keldanren), Toshlwo Doko, said Japanese trade and economic circles are beginning to believe the yen has reached its celling against the US dollar. But he said this does not mean the yen, moving around 220 to theReuter - 57 words
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Article55 1978-04-11 1 PERTH, Mon. Pickets protesting the export of live sheep to West Asia were dispersed by police today at three west Australian ports Farmers, who had been waiting for two weeks to export more than 100,000 live sheep to the Persian Gulf, Immediately took over the loading of55 words
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Article50 1978-04-11 1 A $14 MILLION contract for the construction of aerobrldges for the passenger terminal building at the proposed Changl International Airport was signed yesterday. The contract, was awarded to local contractors Jurong Engineering, which will carry out the project in technical cooperation with a Japanese company, Shin Melwa Industry Co.50 words
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Article59 1978-04-11 1 KUALA LUMPUR, Mon. The implementation of colour TV by the end of this year may be postponed if there are insufficient reasonably-priced colour TV sets In the market by then. Information Minister Datuk Serl Mohamed Rahmat said today that he may make such a recommendation to the59 words
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Article85 1978-04-11 1 AP GENEVA, Mon. Japanese Foreign Trade Minister Nobuhiko Ushiba said today his government plans to reduce its exports by more than half In this fiscal year and revitalise Its domestic economy. The government alms at a 7 per cent growth target for its domestic economy which is notAP - 85 words
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Article60 1978-04-11 1 KUALA LUMPUR, Mon. The government Intends to Improve Its entire administrative machinery by the application of modern management techniques. Deputy Prime Minister Datuk Seri Dr. Mahathir Mohamad said today the country's administration was still largely based on "10th century methods" and a thorough study was being carried out60 words
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Article85 1978-04-11 1 UPI NEW YORK, Mon. Stocks struggled for direction early today as Investors tried to sustain last week's bargain-hunting rally in the face of rising concern over Inflation. Trading was active. Some traders, however, were encouraged by the dollar's Improvement in Tokyo early In the day while in EuropeUPI - 85 words
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Chief Price Changes
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Article122 1978-04-11 1 Rises G E Life 1100 +50 M Cement 272 +8 YHS 270 +8 Apollo 195 +8 N ST 386 +6 PMC 342 +6 Con* Plant 570 +5 Malayawata 217 +5 C*C 304 +4 Intraco 210 +4 Falls Utd Plantation* 240 -8 OCBC 685 -5 Dutch Baby 165122 words
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Article, Illustration152 1978-04-11 1 Rise* Sovran 1.29 .20 Jeram 1.90 .12 Castlefleld 9.10 +.10 Malayawata 2.23 .08 Matsushita 3 36 .06 P.M.C. 3.52 .06 Raleigh 1 60 .05 Merlin (S) 1 65 .05 Acma 1.79 .05 C and C Bintang 2.54 .05 Pacific Dev. 2.85 .05 Foils A. Hitam 9.00 -.10152 words
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Article982 1978-04-11 1 SIVA ARASU - AUTONOMOUS STATUS LIKELY By SIVA ARASU THE FEASIBILITY of setting up a clearing house for US dollar certificates of deposit is currently being investigated. A questionnaire has been sent to all the 80 Asian Currency Units operating in Singapore seeking their views on the need982 words
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Article213 1978-04-11 1 THE SINGAPORE Institute of Architects said yesterday the fact that 75 per cent of the 78 condominium projects which have been approved are either shelved or abandoned does not imply that the condominium guidelines are responsible for the fate of these projects. "On the contrary, the institute believes that213 words
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816 1978-04-11 1 PRODUCER members of the International Tin Council (ITC) are looking forward to the immediate commencement of a dialogue with the United States authorities on their proposal to release 45,000 tonnes of tin from the stockpile. The first move in the direction will be taken816 words
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286 1978-04-11 1 Reuter THE continuing admission of new borrowers to the international capital market is an encouraging sign and fears that the growth of Euromarket credits rests on shaky ground are not wholly justified. West German Economics Minister Otto LamhadorfT said in Frankfurt. He toldReuter - 286 words
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556 1978-04-11 1 Reuter. IRANIAN oil exports dropped 5 per cent In March because of a continuing world oil glut, official figures showed yesterday. Exports of crude and oil products totalled 4.8 million barrels a day against a production total of 5.58 million barrels dally. The unsoldReuter. - 556 words
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Article34 1978-04-11 1 THE interest rate payable on the United Overseas Bank's US$25 million floating rate note issue is per cent above the sixmonth London interbank offered rate and not Vt per cent as reported yesterday.34 words
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Page 1 Advertisements
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Advertisement38 1978-04-11 1 n -l ►*3F m CHANGI COMPLEX Shops Flats Ideal Location •Modern Shops Shops ideal fbr all kinds of business •Luxurious Apartments Elegantly designed f "9ww»#s ftooFAR EAST REALTY (PTE.) UTX 96/96 Robinson Road Sngapore 1 Tel *****33(5 lines)38 words
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Advertisement42 1978-04-11 1 SEE PAGE 7 CITROEN CX 2400 PALLAS has proved to be such a cartough efficient elegant a EL**** m IHJ m HEfIRV nnc nCEHCIES PTE. LTD BRUNEI AGENT RELIANCE DISTRIBUTORS 144 B. JALAN CHEVALIER.BANDAR Sfc Rl BEG A WAN. BRUNEI TEL *****42 words
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Advertisement76 1978-04-11 1 rasa: SHIPPING TIMES GOOD-BYE to tendons 2 LETTER to the Editor 7 KL Ufa behind in the tourism SOYABEAN squarae up to the SP*""* 4 SoBUM:' AftE fl» hihe'? TUAB Yard gives Keppel en PROMET teres Jerdinee' day U £?Jf2 S HOW to be e winner 12 THE personnel file76 words
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Advertisement169 1978-04-11 1 lf-BIX COMPLETE COPYMG SYSTEM COMPLETE COPYMG SYSTEM APS ELECTRONICS (PRIVATE) LTD &ingapoߣ't* *****4 APS ELECTRONICS (M) SON BHD KUALA LUMPUfI Tn 03 *****0 J 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.169 words
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TRADE AND INDUSTRY
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662 1978-04-11 2 HARDEV KAUR - MILLIONTH VISITOR BY 1982 By HARDEV KAUR MALAYSIA will have to redouble its promotional efforts if it is to Join the million-tourist club by 1982, said Encik Baharuddin Musa. director general of the Tourist Development Corporation last week. This target excludes arrivals from662 words
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Article189 1978-04-11 2 THE joint venture talks on the proposed Batam refinery project involving Kuwaiti, Indonesian and Malaysian officials ended in Kuala Lumpur over the weekend on a satisfactory note. The head of the Kuwaiti delegation. Dr. Mohamed Nasseer, said the outcome of the meeting reinforced his confidence that the project189 words
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Article, Illustration97 1978-04-11 2 MINET James Singapore, an insurance and reinsurance broker and consultant, will be sending the manager of its non-marine division, Mrs. Jessie Lee (above), to London for three month's training. This is in line with the company's policy of constantly upgrading its staffMrs. Lee, the second executive97 words
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Article84 1978-04-11 2 SINTAT Rent-a-Car has established a new branch at Lucky Plaza in Orchard Road. The company says that this is part of its expansion programme in Singapore and Malaysia. The branch will serve the important tourist district in busy Orchard Road. Customers in the area can enjoy84 words
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458 1978-04-11 2 Agencies CRITICS of the Asean preferential trading arrangement (PTA) were told last Friday to be patient for the 71 Items of commodity agreed upon were Just the start of the trading arrangement among the five member nations. The director of external trade ofAgencies - 458 words
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Article675 1978-04-11 2 THE BUSINESSMAN who lives in dread of each new working day will have a chance to do something about his tensions this evening when the first of a two-day course on distension. conducted by Dr. Petur Gudjonsson of the Synthesis Institute of New York,675 words
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383 1978-04-11 2 AP. UPI THAILAND last year suffered a trade deficit of US$Bl5 million (551,883 million) with Japan a 14 per cent Increase from 1976. This is the biggest trade deficit with Japan over the past 12 years. A Commerce Ministry spokesman yesterday said that indicatedAP.; UPI - 383 words
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91 1978-04-11 2 THE vice-president of Greyhound International. Mr. Elliot Heit, will conduct a seminar for the travel trade as part of Greyhound's extensive 1978 marketing plan, called Agent Awareness Campaign. The seminar will be held at Shangri-La Hotel on April 24. and will be.coordinated by Greyhound's sales91 words
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Article169 1978-04-11 2 DATE TITLE LOCATION ORGANISER COURSES AND TALKS April 3-20 Industrial Relations Hilton Personnel Organisation Development April 17,18 Financial Management Hilton Consulasla April 24 Effective Report Writing Hilton Consulasla April 24May 11 Employee Training Development Hilton POD April 27 Export Financing Shangri-La m IBF April 27, 28, 29 Personnel169 words
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Page 2 Advertisements
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Advertisement447 1978-04-11 2 from Penguin IN PENGUINS Virginia Woolf died in 1941 and at the time of her death she had won a foremost place in English fiction. Three Guineas and Flush have now been published in Penguins and both will find a wide and passionate audience. Three Guineas magnificently argues the case447 words
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Page 2 Miscellaneous
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Miscellaneous626 1978-04-11 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 4 Darling poet, very softhearted (6) 7 Where to see 50 ducks on a pond? (8) 8 writer who uses a crib (8) 10 Person In the lead, ultimately (5) 13 In short. It can't lose (4) 14 He rings a bird (4) 15 Town626 words
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OVERSEAS
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844 1978-04-11 3 NYT. WALL STREET'S money market economists are beginning to worry that the nation's money supply will mushroom this week, touching off a sharp rise In Interest rates in spring. A year ago, the basic money supply expanded by US$5.4 billion (5512.42 billion) andNYT. - 844 words
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Article278 1978-04-11 3 NYT BUSINESS In the United States closed on an up-beat in the first quarter, according to purchasing managers In their March report to the National Association of Purchasing Management, Inc., released over the weekend. The report shows that it would appear that business isNYT - 278 words
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639 1978-04-11 3 Reuter EAST GERMANY, hungry for hard currency to meet mounting foreign debts, is gathering in revenue from Western embassies, businessmen and visitors in East Berlin. The country's own currency, the non-conver-tible East mark, is officially traded here one-to-one against the powerful West GermanReuter - 639 words
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WORLD IN BRIEF
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Article534 1978-04-11 3 PRESIDENT Carter was quoted on Sunday as saying he hoped the US would be able to give Rumania most-favoured-nation trade status for longer than one year at a time. Rumanian President Nicolae Ceausescu, who starts a six-day visit to the US today, is expected to press for534 words
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295 1978-04-11 3 Reuter. A FORMER chairman of the US Presidential Council of Economic Advisers said J over the weekend that Federal government spending should be curbed drastically to halt Inflation which poses a major threat to the country's prosperity. Alan Greenspan, who served under former PresidentsReuter. - 295 words
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177 1978-04-11 3 UPI THE most politically explosive trial in Italy's postwar history began yesterday with 11 persons, including two former defence ministers, charged with taking bribes from the United States' Lockheed Aircraft Corp. Defence lawyers said they would immediately move for a postponement of the constitutionalUPI - 177 words
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Article129 1978-04-11 3 Reuter THE industrialised world would benefit from foster economic progress in developing countries, former West German Chancellor Willy Brandt said on Sunday. Speaking at the close of a two-day international conference on development aid, he said that economic and political experts generally agreed thatReuter - 129 words
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Article450 1978-04-11 3 A LONG-AWAITED surge In demand for heavy structural steel and plate a result of an upturn in industrial construction has enhanced the recovery of the steel Industry in the last few months. Executives of major steel companies said in interviews last week that the upturn450 words
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Page 3 Advertisements
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Advertisement177 1978-04-11 3 Linguaphone teams up with STP Distributors 1 Sb,. 'A-- f AJ r 4 I it' T y y i/ I d ffi A successful combination for language learning. Linguaphone expertise and STP Distributors marketing Know-how. Linguaphone, world renowned for its achievements in the language learning field, teams up with STP177 words
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RAW MATERIALS
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Article286 1978-04-11 4 THE MARKET here opened fractionally lower and later advanced on overseas arbitrage buying and covering interests with some profittaking at the highs absorbed well. The current month April One RSS was unchanged from last Friday while other positions generally firmed 0.75 cent in moderate morning trading.286 words
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Article29 1978-04-11 4 Rubber: April 10 Singapore: April 201.00 cents (down 0.50 cent) Malaysia: May 206.25 cents (up 0.50 cent) Tin: 11,541 (unchanged) Official offering: IHS tonnes (up 30 tonnes)29 words
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Article334 1978-04-11 4 Prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Int. 1 R.S.S prompt f.o.b. Buyers Sellers Buyers Sellers 201.00 202.00N 200.75 201.75N Int. 1 R.S.S. April 201.50 202.00 201.00 201.50 Int 1 R.S.S. May 202.SO 202.75 202.00 202.25 Int. 2 R.S.S. 197.00 198. OON 196.50334 words
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Article104 1978-04-11 4 NOON SSR and SMR prices yesterday: April May HAS (Current Mth) (For »»rd Mth) Buyers Seller. Buyer Seller. icenti i POT kg) leer itaperkc) SSR 20 (1-ton pallet) 193 00 195.00N 194.00 196,OON SSR SO (1-ton pallet) 191.00 193.00N 192.00 194.OON MRELB May June SMR5CV (1-ton pallet)104 words
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Article244 1978-04-11 4 STEADY conditions prevailed In quiet tratling on the Singapore produce market yesterday. There was an absence of overseas interest with business done mainly on book-squaring accounts. In any case, the prices of commodities traded locally were still higher than international levels, especially when compared to those of the244 words
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Article174 1978-04-11 4 SUGAR futures closed slightly easier in dull and featureless trading yesterday, with four lots traded, the same as on Friday. Only September delivery traded, falling 0.10 US cents. The Hongkong dally spot price fell 0.05 to 7.65 US cents. Sugar futures closing prices dotting Previous Closing May 7.90/8174 words
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Article207 1978-04-11 4 BANGKOK rice prices were quoted as follows yesterday: (In US dollars per tonne f.0.b., basis Bangkok): White Rice: 100 pet Ist class 442. 100 r:t 2nd class 427. 100 pet 3rd class 422, pet 413. 10 pet 400. 15 pet 392. 20 pet 387. 25 pet 377, 35 pet207 words
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Article43 1978-04-11 4 VALUES at end- morning were 114 to l"30 per tonne down in a turnover of 675 lots including five options, in London yesterday. Futures remained quiet with some follow-through selling from the lower opening well absorbed. Physicals, too, were quiet, dealers said.43 words
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Article196 1978-04-11 4 YARN and cotton In Hongkong dollars, spot ex-godown Cotton Yam: China Blue Phoenix 20s 1.770. 32s 2.060. 40s 2.190 (per bale of 400 lbs) Piece (>ood»: China Butterfly and Globe Brand unq. Dragon Head unq. Five Lambs unq. Flower and Butterfly unq. Flying Geese unq (per piece 36196 words
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Article97 1978-04-11 4 TERMINAL cocoa ended the opening call in London yesterday 131.50 to ClB down on Friday's New York close but rallied slightly in thin open trading. The market took the 25.5 per cent decline in US first quarter grindings in its stride, particularly in view of higher product imports buring97 words
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Article77 1978-04-11 4 AT THE end of yesterday morning, values were i' 0.65 lower to 10.25 higher in a turnover of 334 lots. The session was quiet reflecting lack of fresh news and values held in a very narrow range. The London dally raws price was unchanged at f 100 while the77 words
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Article139 1978-04-11 4 THE STRAITS tin Wire In Penang yesterday stood unchanged at M 51.541 per ptcul, still $41 above the International Tin Agreement ceiling. Dealers said turnover rose to 185 tonnes from 155 tonnes last Saturday. In LONDON yesterday, tin finished the morning with gains of 1165 for cash and139 words
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Article94 1978-04-11 4 COPPER wirebars finished the morning in London yesterday showing gains of 15.50 for cash and t'6 for Three Months. The early pre-market firmed on short-covering prompted by the closing trend at New York and a marginally larger-than-expected decline in stocks this week, dealers said. The movement took Three Months94 words
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Article69 1978-04-11 4 ZINC rose by mostly 1'5.50 per tonne in London yesterday morning. The early pre-market rose sharply following the trend in copper and confirmation of strikes starting yesterday at three of Viellle Montagne's zinc plants and at Hoboken's overpelt plant, dealers said. Protective covering took Three Months up to £32069 words
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Article178 1978-04-11 4 THE KILOBAR In Singapore yesterday opened at SS13.333 and moved up to a high of $13,359 before closing lower at $13,334 in quiet trading. In the loco London market, the metal opened at US$178.60/90 and closed at US$178.65/95. The London morning gold fix was US$178.70, down 40 US cents178 words
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Article60 1978-04-11 4 LEAD closed the morning session in London yesterday with gains of £4.50 for cash and £3.75 for Three Months. The strength in copper encouraged short-covering on the pre-market up to 1321.50. But the trend was not sustained In the ring where profit-taking and hedge selling clipped values. Three Months60 words
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Article73 1978-04-11 4 SILVER finished the morning in London yesterday with gains of 1.3 to 1.5 pence per troy ounce. The market was subdued following a lack of direction from US futures although prices were given some support in the ring by steadiness of the bullion dealers' fix. Three Months traded up73 words
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508 1978-04-11 4 Reuter INDIA will need to import between 1.2 and 1.3 million tonnes of vegetable oils in the current oil year to November. Jamnadas Mdhavji and Co, the India-based oilseed trader said this in its latest review. The trading house bases its estimate onReuter - 508 words
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255 1978-04-11 4 A DECISION by the US to restrict copper and zinc imports must be averted as it can lead to other countries introducing similar protectionist measures. The head of Metallgesellschaft AG's Economic Research Department Walter Sies said that the applications made by US copper and zinc255 words
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807 1978-04-11 4 NYT. TO THE surprise of few in the commodities field, but to the indignation of some, the New York Commodity Futures Trading Commission (CFTC) announced a ban on trading in commodity options, a controversial type of speculation that has been marked by scandals.NYT. - 807 words
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Article299 1978-04-11 4 Reuter. THE JAPANESE have bought about 2.000 tonnes or more of copper from international traders, mostly Americans for shipment in April and May, foreign traders in Tokyo said. They are apparently making additional purchases from abroad to cover a shortfall estimated at between 80,000 and 100.000Reuter. - 299 words
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MONEY AND EXCHANGE$
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Article491 1978-04-11 4 IN A THINLY traded foreign exchange market, the US dollar opened quite strongly yesterday and stayed steady against other major currencies. Opening at 220.40/50 against the Japanese yen, the dollar stayed at that level for some time before It was brought down to 219.70/90. The dollar, however, recovered491 words
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Article160 1978-04-11 4 Asian rates ASIAN rates as currency deposit at close on April usm Ofhr Interbank 10: 41ar*(8M«) Bid 7 days 1 mth 2 mths 3 mths 6 mths 9 mths 12 mths 7 1/2 >/!• < 7/8 7 1/2 7 3/16 7 3/8 7 3/4 7 7/8 7 15/16 S«. f160 words
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Article51 1978-04-11 4 RANGE of prices offered by discount houses on April 10: Overnight 2% to 3'v* Call deposits 2 7 to 3'V* Closing Buying Selling J-inonu. Treasury bills 33/16 3-month Bank bills 4 7/8 3-month CD 5 6-month CD 5 5/16 31/16 4 3/4 4 7/8 S3/16 •Source. National Di(count Co.51 words
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Article174 1978-04-11 4 THE FIRMER tone of the US dollar earlier yesterday did not continue and it retreated in quiet steady dealing towards the close. Dealers said It closed at 219.75/85 yen compared with the 220.35/50 reached earlier, at 2.0190/00 marks against an earlier 2.0200/15 and remained steady at HK54.6140/60, still a174 words
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Article188 1978-04-11 4 TRADING was reasonably active yesterday and the dollar opened moderately higher against major currencies compared with pre-weekend levels. It rose to 2.0215/25 marks from 2.0135/50 on Friday but began to narrow the gain to stand at 2.0195/0205 as business developed. The dollar similarly gained to an early 1.8710/50 Swiss188 words
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Article165 1978-04-11 4 THE US dollar for overnight delivery yesterday closed slightly higher at 219.80 yen, up from a 219.70 opening and 219.20 at Friday's close. Dealers said trading was quiet with volume US$3l4 million. No central bank intervention was detected, they said. The dollar rose in early trading to a day's165 words
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Article50 1978-04-11 4 FRANKFURT exchanges opening quotes on April 10. US 2 0205/20 (2.0165/75) Can 1 7655/75 Stg 3 785/793 D Fl 93 48/58 S Fr 107.85/108 05 Lit 2 365/375 F Fr 44.20/35 N Kr 37 90/38 00 B Fr (con) 6 402/417 B Fr (fin) 6 40/41 Yen 0 9175/9050 words
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Article62 1978-04-11 4 AUSTRALIA and Zealand exchanges on AprH 10.° i AUSTRALIA: US dollar 1 1465 1 1417 Sterling 0 6136/0 6066 Ninety-day air mall buying rates* Sterling 0 6291 US dollar 1 1765 t Ninety-day forward buying rates* Sterling 0 6129 US dollar 1.443 NEW ZEALAND Sterling 0 5486/0 5456 US62 words
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Article451 1978-04-11 4 STRAIGHT Eurobonds yesterday traded steady in usual quiet early Monday conditions, dealers said. Dollar bonds were unchanged to occasionally 1/8 harder on some professional shortcovertng and light retail buying, dealers added. EUROBOND prices quoted on April Straight k Bid Offer Total oil sig 9 1/8 84 94 75 95451 words
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Article70 1978-04-11 4 THE PRIME rat* of noit commercial banks la Slagapata how staads at 1 par cent. Oversea-Chlaosc Baahiag Corporation is still oflMu v P«r coat to its host customers while both Chartered aad United Commercial Baak are maiataiaiag their prime rates at 7U per ceat. The stated prime70 words
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Page 4 Advertisements
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Advertisement147 1978-04-11 4 e\v W c \N vN <A <VvA' ,ovi xe et^ G A 3° e tC> S^l'.yS^ <e 9 v> Y V YOU SIMPLY CANNOT FAIL WITH VISAPHONE. Use it at home, while travel ling in fact anywhere and any time that suits you. Possess ing a second or third language147 words
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TRANSPORT
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Article98 1978-04-11 5 Reuter. BAHRAIN'S Minister of Development and Industry, Mr Yousuf Shlrwanl, arrived in Auckland on Sunday night for a week's visit to negotiate the financing of the first stage of a planned multi-million dollar Joint port facility for Bahrain. Last November, the New Zealand and B&hralnReuter. - 98 words
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Article91 1978-04-11 5 AP. CHINA on Sunday inaugurated the Peking/ Karachi/ Addis Ababa air service run by the Civil Aviation of China, the New China News Agency reported. The occasion was celebrated in a Peking reception, with an Ethiopian goodwill delegation attending. Beyene Desta, leader of the Ethiopian mission,AP. - 91 words
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774 1978-04-11 5 CHAN BONG SOO - ■y CHAN BONG SOO WITH the recent opening of its $90 million Tuas Yard, Keppel Shipyard is now preparing for an increasing share of Singapore's shipbuilding and shlprepairlng business. The company's latest achievement was an award won from Exxon International to repair774 words
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Article, Illustration349 1978-04-11 5 MITSUI Engineering and Shipbuilding is to build semi-submerged catamarans with a displacement of up to 300 tonnes. The first vessel will be completed next year. Recently Mitsui Engineering and the Japan Ship Machinery Development Association Jointly produced Japan's first semi-submerged catamaran, the 18.37 displacement349 words
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Article, Illustration450 1978-04-11 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Cherry Vilja (B. Barge) (0800) 48 Dona Montserrat (1830 after Palm Sea Horse) 13/14 Fort Klpp (Tanker) (1100 after Fortune Runner Palm Sea Horse) 15/16 Frotabeira (2300 after Prince Maru No. 3) 10/11 Golden Source (0800 after Temburong) 22 Jinyo Maru (Jede450 words
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367 1978-04-11 5 UPI. THE CREW of the Israeli vessel, Zlm Hongkong, lifted anchor on Sunday to end a strike that shut down the country's merchant fleet for 80 days but resulted In agreement to management's original offer. The Hongkong was one of the dozensUPI. - 367 words
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Article76 1978-04-11 5 SYDNEY Waterside Workers Federation (WWF) members walked off their jobs yesterday morning and will return to work at 0730 local time today, shipping sources said. The walk-off was part of the continuing WWF campaign of stoppages following the breakdown of talks over a new wage agreement. The current76 words
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Article257 1978-04-11 5 AS AN ADDED incentive to the commercial traveller, Italy's world airline, Alitalia, has recently set up a special export and business travel department which, It claims, will save businessmen both time and money. The new department will act both as a trade archive and an information feeder for257 words
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175 1978-04-11 5 Reuter MEMBERS of shipping conferences covering Europe and India have decided to double the current 7-1/2 per cent Bombay surcharge, effective on cargo listed in both East-bound and Westbound vessels starting to load at individual ports from April 17. The India/ Pakistan/ Bangladesh conferencesReuter - 175 words
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Article159 1978-04-11 5 INDONESIA has ordered eight British Aerospace Hawk ground attack trainer jets costing a total »108 million. The deal Includes 12 Rolls-Royce Adour Jet engines, engine spares worth $22 million, and other equipment and training programmes for both pilots and ground engineers. Only three months earlier, Finland ordered159 words
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Article76 1978-04-11 5 AP. A 12-HOUR strike by pilots of the Italian national airline, Alitalia, and its sister company, Itavla, forced the cancellation yesterday of ail their domestic and international flights from Rome's Leonardo Da Vinci Airport. The strike, from 0700 GMT to 1900 GMT, was called by aAP. - 76 words
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Article162 1978-04-11 5 Reuter US SENATE ratification of the second of two Panama canal treaties hangs by a thread. The White House quoted President Carter as saying that passage of the treaty which must be approved by at least 67 of the 100 Senators on April 18 couldReuter - 162 words
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Article690 1978-04-11 5 ARRIVALS Service Loca A t Operator Number Time From t CAL CI331 0040 TPE/HKG/KUL PAA PA005 0215 SFO/HKG MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CAL CI806 1000 HLP CPA690 words
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Page 5 Advertisements
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Advertisement91 1978-04-11 5 BUDGET FARES AND SUPER SAVER FARES TO U.S.A. That's United States Lines' weekly service from Singapore I U.S. Lines' vessels serving Singapore are brand-new and contain their own shipboard cranes which permit your shipments to move in and out of the country with speed and efficiency. Once a week, every91 words
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Article469 1978-04-11 6 Euro-lesson for Asian market INTERNATIONAL bankers In the Eurocredit market are justifiably worried about the way the pay-back profile of certain major borrowers are shaping up, and It Is a fear that, If not seen In the right perspective by bankers in the Asian dollar market, will In time be469 words
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Article388 1978-04-11 6 THERE is probably more nonsense talked about oil than there has been about any other commodity and It is worth remembering that oil Is nothing more than just another commodity, albeit a crucial one for developed countries and undeveloped alike. The Opec producers are seemingly388 words
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Article, Illustration2199 1978-04-11 6 LAWRENCE STESSIN - Bemused observers here and elsewhere have noted an increasing trend in the West towards what can only be described as "voluntarism." Experiments with workers choosing their own time to report to the office, with taxpayers deciding what they want to pay and students picking whatNYT. - 2,199 words
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Page 6 Advertisements
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Advertisement458 1978-04-11 6 re J ,-»v *4 di! 1 j jy sinGapura FORUM HOTEL MS Orchard laid, B'pere 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 Bar458 words
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Advertisement111 1978-04-11 6 HH 9NGAFORE HUON 581 Orchard Road, S'pore 9. Tel: *****3 Springtime in Parts March 27 April 15 18 Folies Montmartre A dazzling dance revue from Paris 10 p.m. nightly Place Pigalie 23rd Floor Crittallerie Damn For the first time on display In Singapore Priceless glass sculptures 2nd Floor Restaurant Lea111 words
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Page 6 Miscellaneous
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Miscellaneous64 1978-04-11 6 W EATH E R WEATHER outlook for Singapore from 6 a.m. to noon today: Mainly fair Report for 24 hours prior to 7.30 p.m. on April 10 at the airport. Maximum Temperature 32.2° C Associated Humidity $1 Minimum Temperature 2S.6°C Associated Humidity 96 Hours of Sunshine 10.90 Rainfall In Millimetres64 words
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Miscellaneous250 1978-04-11 6 SINGAPORE 5 3.00 PM Opening announcements followed by What's My Line 3.25 Diary of Events (English) 3.30 Afternoon Matinee Fallen Angel (Pt. 2) 4.15 Science Report 4.30 Intermission 6.05 Opening announcements followed by Birdman and the Galaxy Trio 6.30 News in Brief 6.00 PM Opening announcements followed by Not Wanted250 words
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Article, Illustration1290 1978-04-11 7 A. KADIR JASIN - By A. KADIR JASIN A RECENT five day Unctad/ Gatt sponsored seminar on palm oil in Kuala Lumpur ended with the reaffirmation of the belief that palm oil will con- tinue to strengthen its posl- tion in the oils and fats market despite competition and1,290 words
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Article, Illustration615 1978-04-11 7 -""BEWARE of the Dog," Z said the sign on the shop door, but the trembling wistomer could see no sign W the beast when he t eptered. Until he observed a minute chihuahua puppy scuttling around his ankles. "Is that what I'm supposed to beware of?"615 words
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391 1978-04-11 7 MRS NG JWEE PHUAN - Letter to the Editor MRS NG JWEE PHUAN Dear Sir We would like to reply to the criticisms made of condominium guidelines In your article "Rules the bane of developers" (front page. April 5 1978). In the normal course of development control,391 words
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Article1194 1978-04-11 7 TERESA LIM - (FORUM. f 0D economics b ■y TERESA LIM K HOSPITAL accident and \A emergency charges are very li much the topic of the day, rJ with members of Parlia]f- ment giving free rein to 1J their views on the Ministry M of Health's proposed ln--91,194 words
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Page 7 Advertisements
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Advertisement314 1978-04-11 7 HOTEL ASIA 37 Scotts Road, Singapore 9 Tel: *****8 KING'S HOTEL Haveiock Road, Singapore 3 Tel: *****1 HOTEL MIRAMAR 401 Haveiock Road, Singapore 3 Tel: *****2. CHEQUERS HOTEL 418 Thomson Road, Singapore 11 Tel: *****/7 LADYHILL HOTEL 1 Lady hill Road, Singapore 10 Tel: *****1 HOTEL NEGARA 15 Claymore Drive,314 words
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Page 7 Miscellaneous
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Miscellaneous37 1978-04-11 7 "Tfeß Up' uicix.vjjeu., roßs PufcDy, > DO D€CLW5e— PMD f\ CHft(3rn»MG WOUHG f\SS»ST)*UT owe Be "Too CRiT»CPt fcUT Tv-C. CortSiSTeNCY seeros ftTOFix tuck *MO "Me SLIGHT FILW ON THP SURF«C£ >npLl£S )T ftetN STRIDING FOE some CONS\D€fcftßl£ T*ne37 words
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INTERNATIONAL STOCKS MARKETS
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Article406 1978-04-11 8 Tokyo Source: DBS-Daiwa INVESTORS took a wait-and-see attitude yesterday and the market moved in a narrow range. Light electrlcals such as TDK and Pioneer opened firm continuing last week's trend. However, large capital issues such as steels, heavy electrlcals and pharmaceuticals opened slack The market. In general, continuedSource: DBS-Daiwa - 406 words
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Article322 1978-04-11 8 INDUSTRIALS closed easier on profit-taking while minings firmed on Monday. BHP fell two cents to $6.12 after earlier falling to $6.04 in large volume. The Bank of NSW fell 6 cents to $5.24 and the ANZ bank lost three cents to $2.72. Australian Gypsum gained two cents to $2.12322 words
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Article148 1978-04-11 8 APR IV Bahts Asm Fibre 258 -5 Bangkok Bank 377 -4 Bangkok Invest. 366 -8 Bangkok-Metro-politan Bank Hi la 815 15 Berh Jucker 486 -8 CarpetIntn) CliaroongThai Wire 31b unch lhimex Dusit Tham 317 -a l a her Merlin First Trust Genera Finance lndo-Tliai Industrial Finance Corp 2525 -50148 words
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Article31 1978-04-11 8 H.K. HANG SENG Monday 446.80 Friday 447.17 Week Ago 451.54 SYDNEY INDUSTRIALS Monday 402.13 Friday 402 60 Week Ago 401.75 ALL ORDINARIES Monday 459.73 Friday 460.14 Week Ago 458.6131 words
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404 1978-04-11 8 Reuter. FI tIDAY'S three-tranche l.{'» billion mark Federal loan should be well received on the German bond ma rket and the issuing consortium will probably have few problems in placing the full amount, bond deal ers said in Frankfurt. Tills is the first timeReuter. - 404 words
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423 1978-04-11 8 Reuter UK stock m.arket traders report slight ly Increased turnover in most overseas stocks by UK li ivestors since the abolition of the 25 per cent surrender of the investment dollar premium on Jan 1, 1978. Trading however, was not active as hadReuter - 423 words
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Article454 1978-04-11 8 INVESTORS adopted a cautious attitude yesterday ahead of results from Hutchison Whampoa and Jardine Matheson. The two companies are not expected to announce any surprises but Hutchison Whampoa should easily beat their forecast of $193 million according to analysts. Prices tended to drift lower In subdued trading and continued454 words
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727 1978-04-11 8 NYT. A MEMBERSHIP on the Pacific Stock Exchange in San Francisco has been sold for 25 cents, reflecting the depressed state of the stock market and widespread uncertainties over structural changes under way in the nations securities industry. The sale, which took place onNYT. - 727 words
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Article92 1978-04-11 8 Reuter ROME: SPA. oil subsidiary of the state energy group ENI, said it signed an oil production sharing agreement with the Egyptian government concerning oil operations in the Sinai Peninsula. Under the agreement, Agip will finance research and production, recuperating costs through production,Reuter - 92 words
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Article86 1978-04-11 8 Reuter. LONDON: A SELFFINANCING scheme to boost productivity at British Ley land's car divisions was rejected by the workforce, a Ley land spokesman said. The scheme, which would have given workers up to £8 a week in extra payments, was part of the bargaining reform package agreedReuter. - 86 words
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903 1978-04-11 8 NYT CAN Investors find happiness in a period of rising interest rates and side-way moving stock prices at best? The answer depends on the investment objectives, the attendant risks assum ed and, of course, on a mocllcum of luck. Obviously, caution is tlieNYT - 903 words
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901 1978-04-11 8 NY BACK In 1972, when onedecision growth stocks were all the rage, and International business machines was trading at a record $340 a share, the little man was in the market with both feet. One measure of that participation was the riseNY - 901 words
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831 1978-04-11 8 NYT CORPORATE acquisitions are materialising at such a panic pace that the takeover game Is the big thing in Wall Street these days. Almost everyone at least for the moment seems to be making money at it almost all of theNYT - 831 words
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Page 8 Advertisements
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Advertisement176 1978-04-11 8 cO*» aVt« \V- S V 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 through the176 words
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INTERNATIONAL COMPANY NEWS
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1174 1978-04-11 9 NORTH AMERICAN COMPANIES ct WITH domestic soft drink markets heavily saturated, and supermarket competition from archrivals like Pepsi-Cola intensifying, the US$3.6 billion Coca-Cola Co is plunging ever more aggressively into overseas markets. In the Middle East, where '-politics are chancy, the company is negotiating1,174 words
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Article96 1978-04-11 9 THE Justice Department said it had not decided i-whether to ask for interim relief for competitors of International Business Machines pending the outcome of a monopoly suit against IBM. Spokesman John Russell, asked about a published which said the government was almost cer- Jain to96 words
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166 1978-04-11 9 Reuter BOC International Ltd said it agreed with Airco Inc to make a tender offer for all outstanding Airco shares at US$5O each at the earliest practicable date. BOC International also said that under the agreement and when the tender offer is concluded,Reuter - 166 words
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Article175 1978-04-11 9 ASIAN COMPANIES Reuter. TOKYO: Tokyo Shibaura Electric Co Ltd (Toshiba) said it expects a 20 per cent gain in before-tax and special items profit in the second half-year ended last month to more than 13 billion yen from 10.80 billion in the first half. Second halfReuter. - 175 words
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190 1978-04-11 9 Reuter. SYDNEY Boral Ltd advised Sydney Stock Exchange that it intends to offer A 52.22 each for the shares in Australian Gypsum Ltd •that it does not already hold. Boral said it Is considering whether to make an alternative offer involving a shareReuter. - 190 words
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149 1978-04-11 9 HONGKONG: Cheung Kong Holding, which last year made extensive property purchases, announced a net profit of $HK85.55 million, a 45.3 per cent increase on 1976. The final dividend is 18 cents, making a total of 32 cents, up 48 per cent, covered 2.4149 words
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Article99 1978-04-11 9 Reuter TOKYO: Nippon Steel Corp and Mitsui and Co Ltd will shelve the repayment of the 34.5 billion yen Nittetsu Curtainwall Co Ltd has borrowed from the two parent firms, for the next three years, Mitsui said. Nittetsu Curtainwall, a Japanese window sash manufacturer, has cumulative deficits estimatedReuter - 99 words
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Article148 1978-04-11 9 Reuter. SEARS Roebuck and Co said stockholders at the annual meeting on May 15 will be asked to approve an increase in authorised common shares to 500 million shares from 400 million and the creation of a new class of 50 million shares of preferred.Reuter. - 148 words
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165 1978-04-11 9 Reuter MELBOURNE: The current "unrealistic" Australian/ US exchange rate is severely eroding Hamersley Holdings Ltd's earnings. They can be expected to fall significantly in 1978. company chairman Russell Madigan said. He told the annual meeting the company cannot be expected to do much betterReuter - 165 words
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Article99 1978-04-11 9 AFP. SEOUL: Shinsegye (New World), South Korea's Jeading department store, has concluded a three-year contract with Pierre Cardln of France to manufacture and market neck-ties, white-shirts, scarves and blouse with the Pierre Cardin label in South Korea. The Korean firm will pay 3 per cent ofAFP. - 99 words
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270 1978-04-11 9 TOSHIBA, the Japanese electrical giant, is hoping to link up with Rank Organisation for the production of its black-and-white television sets and audio systems in the U.K. It has proposed that Rank should build the Japanese-designed equipment under licence, to replace the units formerly270 words
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Article203 1978-04-11 9 TRADING profits of Trust Houses Forte (THF). the hotels, leisure and catering group, in the first quarter of its current year are running ahead of those for the same period a year ago. Lord Thorneycroft, chairman, told shareholders at the AGM that profits to date203 words
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Article134 1978-04-11 9 Reuter. WOLFSBURG: Volkswagenwerk AG said it proposes a 1977 dividend of seven marks against five paid for 1976. and a one mark bonus per 50 mark share. Total payout for 1977, including tax credit following corporation tax reform, will be 12.50 marks per share.Reuter. - 134 words
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Article89 1978-04-11 9 HONGKONG: Hongkong and Kowloon Wharf has announced a rise of 14.8 per cent tn 1977 group post-tax profit, to 5HK77.31 million from $67.34 million In 1976. Earnings per share Increased 14.1 per cent, to 89 cents from 78 cents. An extraordinary profit of $16.27 million was earned89 words
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Article89 1978-04-11 9 Reuter. SYDNEY, The onshore Western Australia Warroo No. Two well will be plugged and abandoned after testing showed several gas indications were noncommercial. West Australian Petroleum Pty Ltd (Wapet) said. The offshore Koolinda No. One has reached a total depth of 3,732 metres and Is preparingReuter. - 89 words
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Article82 1978-04-11 9 Reuter MELBOURNE: Weeks Petroleum Ltd said an exploratory well in its wholly-owned Matagorda Bay field in Texas discovered a new gas producing zone. The well tested 56,650 cubic metres of gas a day under restricted flow conditions from the zone which is deeper than any previous completionsReuter - 82 words
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Article798 1978-04-11 9 EUROPEAN COMPANIES A SECOND-HALF downturn of 125.1 million to £31.54 million has left taxable profit of Quest. Keen and Nettlefolds down from t'97.7 million to C 72.3 million in 1977. Turnover was up from C 1.5 billion to C 1.64 billion. Directors say the turnover increase798 words
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Article760 1978-04-11 9 WITH THE overall underwriting loss down from L' 10.2 million to L' 9.5 million and the surplus on non-life business ahead at 110.3 million against 16.3 million, the after-tax profit of Prudential Assurance Co. for 1977 advanced by t'7.5 million to a record £31.9 million. The growth760 words
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Page 9 Advertisements
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Advertisement218 1978-04-11 9 s i/ J \< $10 5/-POST FREE 310 pages. 30 27.5 cm with 253 illustrations including 92 plates in full colour In the kingdom of flowers, orchids are the undisputed glamour queens. Their elegance of form, vitality, and almost sinister exoticism give them the haunting beauty and endless fascination of218 words
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DEALS DONE ON THE SES AND KLSE
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Article1511 1978-04-11 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. All Time Settlement Contracts are quoted after the world "sett". Big Board deal1,511 words
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Article221 1978-04-11 10 B OT. 8 1/2* 1981 (100.000) (100SB101S) B O T 7 5/8% 1984 (100.000) (95 SB 965) B O T Floating 1984 (100.000) (99' iB 100S) C Itoh 8 1/8% 1984 (100.000) (96 96SS) LTCB J 1982 (100.000)(»9\B 100'«S> LTCB J 1983 (100.000) lOOUS) Credit Lyonnaia Floating 1983221 words
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Article144 1978-04-11 10 Rep Spore D Mark 7* 1982 (100.000) (1038 103'«S) Rep Spore S 1/2% 1983 (100.000) (102',8 103'< iS) Rep Spore 7 3/4* 1987 (100.000) (99'aB 99'45) 4 3/4% 1/5/79 (250.000) (100.75B) 5 1/4% 15/10/79 (250.000) (101.288 101 48S) 5 3/4% l/C/78-80 250.000) (101 258) 4 3/4% 15/9/80 (250.000)144 words
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Article107 1978-04-11 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. Stor <J"ne 11.70) (0.558 0.645) C <June ~s2 20> < 0 g2B u .10) f107 words
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Article155 1978-04-11 10 SINGAPORE UNIT TRl'ST INCOME BONO UNIT IMuiim price for April II) (Curreat p rieaa) The Commerce... 1.88 1.99 INCOME BOND 1.04 1.10 The Saving Fund 1.10 1 16xd Spore Prog Fund 0 90 0 95 MARA BUMIPUTRA FUND S pore Security 1.72 1.82 1.12 1.18 (Maaagcn* prion for155 words
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Article2455 1978-04-11 10 WH High Low Company Last Sale Week +orGr'i Div Div C'vr Gr'a Net Y'ld P/E Week Vol Week 000) High Low O. SECTION ONE INDUSTRIALS 181 132 Acma 213 123* Alcom 136 112 Allied Choc 30« 260 Bata 72* 60V, Ben 247 191 Boustead 183 144 Bousteadco2,455 words
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Article1814 1978-04-11 10 BID and offer prices officially listed and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units unless otherwise specified. INDUSTRIALS Acma (1 788 1.798) (1) 1.79. Afinemata (2.448 2.508) CALL, A1,814 words
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Article, Illustration839 1978-04-11 10 SINGAPORE CONDITIONS varied from steady at the outset to mixed at the close on the Stock Exchange of Singapore yesterday. The market was quiet initially but business picked up steadily as the day progressed. Selective counters were traded upwards while moderate profit-taking in others resulted in advances839 words
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Article653 1978-04-11 10 AN initially steady trend gave way to some easier trading on the Kuala Lumpur stock market yesterday. Although prices opened the day at marginally higher levels, sentiment weakened slightly in the afternoon. This, together with some scattered bouts of profit-taking and liquidation produced a mixed picture653 words
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COMPANY NEWS
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Article, Illustration619 1978-04-11 11 ALTHOUGH United Plantations' 1977 profits just announced are massively higher than ever before, they are a disappointment after the barnstorming first half of the year. UP's preliminary statement also gives the news that it is giving up its unsuccessful furniture making venture, Scanlook,619 words
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Article64 1978-04-11 11 Kilograms Austral Enterprise 22,680 Ayer Molek Rubber 38,658 Bukit Katil Rubber 30,617 Castlefield 167 831 Glengowrie 28 123 Golden Hope 956 773 Holyrood 6g 039 Hongkong (Selangor) 19,051 Inch Kenneth Kajang 73,933 Killinghall (Rubber) 20,865 Kinta Kellas Rubber Kuala Selangor Kundong Tanjong Pau 85,911 Leong Hin San64 words
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Article37 1978-04-11 11 UNITED Overseas Land group has informed the Stock Exchange of Singapore that the Administrative and Registered Office of both parent and Hotel Merlin Is situated at 3rd Floor, Merlin Plaza as from Monday, April 3.37 words
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Article715 1978-04-11 11 Current Ex Books Date Total for Total for payment Date close payable the year previous year Malayan Tin 45%I Mar 22 Apr 4 Apr 14 45% 158.5% Kuala Sidim Rub. 5%I Mar 29 Apr 8 Apr 15 5% 8.75%<a) Tronoh Mine* 58%<n) Mar 21 Apr 3 Apr 17715 words
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Article, Illustration1275 1978-04-11 11 MANO SABNANI - By MANO SABNANI ANOTHER record breaking performance by the Promet group has enabled parent company Jardlne Matheson (South East Asia) to offset disappointing earnings from Its manufacturing sector and report marginally higher earnings for 1977. Group net attributable profit rose from $8.39 million to1,275 words
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758 1978-04-11 11 LOW LEE CHOO - By LOW LEE CHOO THANKS to a better second half, Ajinomoto (Malaysia) has surpassed its own forecast for the full year by turning in yet another record profit for the year ended Dec. 31, 1977. Consolidated group pretax profit for the year rose 17.4 per758 words
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Article360 1978-04-11 11 Malaysian Tobacco Co. Bhd: AGM to be held at Hotel Hilton, Jalan Sultan Ismail, Kuala Lumpur, at 11.30 a.m. on April 28. Olympia Plywood and Timber Bhd: AGM to be held at 9 m.s. Pandai Tanjong Kling. Malacca, at 12 noon on April 29. Bedford Plantations (M) Bhd:360 words
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Article88 1978-04-11 11 THE Stock Exchange of Singapore has asked Straits Steamship from which reserve accounts it Intends to capitalise for its recent proposed scrip issue of one-for-four. Moreover, the Exchange asked the company for a profit forecast for the current year ending Dec 31, 1978. Steamers had Just88 words
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Article61 1978-04-11 11 SYNTHETIC Resins (Malaysia) has informed the Kuala Lumpur Stock Exchange that Its associate company. Synthetic Fabrics, had in early March temporarily suspended operation for the purpose of restructuring its finances. This Is being done In consultation with its banker and Malaysian Industrial Development Finance, its largest financier. Malaysian61 words
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LATEST RESULTS
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Article67 1978-04-11 11 Group pre-:*^ profit M 51.15 million million) for the six months ended Dec 31, 1977. Tutnover $13.11 million (sia.*7 million). Tax $57,606. ($97,429). exceptional icenjs $25,731 ($21,116) and m*n«rities $287,960 ($466.M3V leaving attributable earnings at $780,502 ($1.26 million). Parent company pre-tax earnings $171,169 ($379.98®) on sales of $4.1667 words
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Article30 1978-04-11 11 Audiied group pre-tax attributable profit M 58.60 million (S(T6O million). Tax $5.44 million ($2.97 million). Final dMdend 13 per cent making total payout at 23 per cent (same).30 words
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Article26 1978-04-11 11 THE Aluminium Company of Malaysia Berhad has-in-formed the Kuala Luntpur Stock Exchange that the Capital Issues Committee has approved the scrip issue of one-for-two.26 words
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Page 11 Advertisements
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Advertisement271 1978-04-11 11 SINTAT Rent-a-Car MECHANICAL ENGINEER (Automobile) based in Singapore Applications are invited from suitably qualified candidates (Singaporeans/Malaysians) for the position of Mechanical Engineer (Automobile). This is a senior position in a developing environment. The incumbent should be mature, independent and possess a sense of business acumen. A degree or professional diploma271 words
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685 1978-04-11 12 NYT. ARAB countries, which have been giving aid to developing countries at record rates, are clearly entrenched in the foreign aid business. Since the four-fold leap in oil prices in 1973, Arab oilproducers have disbursed US$l9 billion (Ss44 billion) in soft loans and grantsNYT. - 685 words
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Article334 1978-04-11 12 A SINGAPORE lawyer's lack of a practising certificate. proved sufficient grounds for him to apply successfully for an adjournment of a case he was defending yesterday. This is believed to be the first occasion en which a lawyer in Singapore has used the absence of334 words
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Article, Illustration1009 1978-04-11 12 WANING CONFIDENCE IN CARTER NYT. LOSING confidence and patience with American policy, Western European leaders have decided to try harder to organise their own economic recovery programme. Questions about President Carter's grasp of world affairs and the consistency of his purposes, as well as theNYT. - 1,009 words
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Article, Illustration304 1978-04-11 12 SOH TIANG KENG - ■y SOH TIANG KENG THE DALE Carnegie organisation, which seeks to polish the leadership skills of executives, Is mounting an aggressive expansion drive In Singapore. It Is launching four new courses here in the next few months. They are a management seminar and courses on sales,304 words
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Article251 1978-04-11 12 AP THE United States consumed 63 per cent more natural gas and 100 per cent more oil than it found last year and continued to draw down its long-dwindling reserves, two petroleum trade organisations reported on Sunday. The American Petroleum Institute said the Industry added almostAP - 251 words
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Article810 1978-04-11 12 LONDON. Mon. Stock prices closed lower in light trading ahead of the budget tomorrow, dealers said At 3 p.m. the FT index was down 3.7 at 463.4. Government bonds finished as much as 'a point lower after being marked down 1/16 point fuliowing the wholesale price Index though810 words
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Article205 1978-04-11 12 AUSTRALIAN oil Imports will triple to 600,000 barrels per day by 1985, but the cost will be five times greater than the nation's current oil bill. Broken Hill Pty Ltd. (BHP) chairman, Sir James McNeill, yesterday told the 18th annual meeting of the Australian205 words
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Article84 1978-04-11 12 AFP. CHINA Is to open up a big new oilfield in the South China Sea before 1985. Apart from the relatively large oilfield to be opened up In the South China Sea, two petro-chemlcal plants, one mineral mining complex, six coal mines, six to sevenAFP. - 84 words
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645 1978-04-11 12 Reuter THE DOLLAR'S weakness on foreign exchange markets over the last several months Is fuelling an already growing interest among US investors in gold as a longer-term Investment medium. Analysts in New York said a move Into gold can be considered similarReuter - 645 words
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Article73 1978-04-11 12 OVER 60 foreign exchange dealers and bank officers from nine Asian countries are attending a five-day forex seminar, held here for the first time by the Swiss Bank Corporation. The seminar, which started yesterday, seeks to enhance the knowledge and expertise of participants in the73 words
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Article171 1978-04-11 12 THE Singapore Air Transport Workers* Union (SATU) has returned two double-return tickets donated by Singapore Airlines for the Labour Foundation donation draw in protest against SIA chairman J.Y.M. Pillay's recent remarks on corporate philanthropy. SATU, which represents about 7.000 SIA employees, said yesterday tnat171 words
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Page 12 Advertisements
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Advertisement274 1978-04-11 12 SEE PAGE 2 Why do Asia's > most successful businessmen read The Journal 9 Because succeeding in business is what The Journal's all about. The Asian Wall Street Journal is a business tool, designed to be used by people who make business decisions every day, and who need all the274 words
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Article4862 1978-04-11 13 MmanitE A guide to ships loading at Singapore for Ports around the World The following list tabulates, by port of destination the name of the ship, the shipping line Involved, and the estimated dates of arrival and departure from Singapore port. t Consort! ams SeaaDatch has a Joint4,862 words
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Page 13 Advertisements
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Advertisement304 1978-04-11 13 MAERSK UNE SERVICE MI TNI MY SINGAPORE *****46 K.LUMPUR ***** PENANG *****1 P. KELANG *****0 SHIPPING <?«-> ERST mniRVSIR SHIPPinC Em (PTE) LTD 1 41 A. AMOY STREET, SINGAPORE 1 TEL *****18 (3 LINES) TELEX NO ***** DIRECT SCHEOULEO SERVICES TO EAST MALAYSIA ETA ETD Loading tor •SRIPUJUT 16 Apr304 words
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Advertisement288 1978-04-11 13 LI AN HUAT SHIPPING CO., (PTO.,) Lit., INTERNATIONAL PLAZA. 13TH fIOOR SUITE 1319 1320 ANSON ROAO SINGAPORE TELS *****11 A *****98 ETA ETD DESTINATION DIKANTAM I I« Port U Apr Pwrtim* HONG HWA 15 Apr 17 Apt B«n(k»k HONG NOON 1A Apr It Apr PlMmr/Pl*|« UNISON I 14 Apr 17288 words
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Advertisement12 1978-04-11 13 FORTNIGHTLY TO MIDDLE EAST LAND OCT KHKEMTEO CONTUNII HtVltt BOOKING Til *****2212 words
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Page 14 Advertisements
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Advertisement771 1978-04-11 14 SHIPPING Hapag-Lloyd FMU.Y CMHHi TO EUROPE rjwm irkMi hmi OMIUB* 15/4 16/4 5/5 1/5 •mmm 22/4 21/4 11/5 13/5 Nn|lM|hpnM 21/4 30/4 20/5 23/5 Mm 4/5 6/5 2C/S 28/5 liwp In 13/4 1/$ 3/6 Otytf EMvfk 17/5 1/6 Mnln 11/5 9/6 12/6 Umttm 26/5 28/5 18/6 20/6 EXPRESS CONVENTIONAL TO771 words
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Advertisement785 1978-04-11 14 Tl £2 SANKYO LINE AUSTRALIA SERVICE MUlanc Swpnw KYOSEIMARU WtT SAILED IMT SKY 11/14 Apr H/ll Apr IMV CMP 21/21 Apr 22/23 Apr KTOTEN MAIN 27/29 Apr Apr Uaimffar FKM. ADO. MEL. STD DARWIN, BttS, STD nKM.ADO.IKI ADO. MIL STD BANGLADESH SERVICE MAY BREEZE 24/25 Apr 22/23 Apr CHITTAGONC. CHALNA785 words
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Advertisement574 1978-04-11 14 7? SEA 2+LAND U.S.A./ ASM SERVICE DRV REFRIGERATED CONTAINER SftWCE SAILING ERERY WEDNESDAY FOR NWI M US CANADA CARIBBEAN MPAN. INU TAIWAN NOW ROM. INMUM AM PHILIPPINES VESSEL/VOYAGE Vessel C F S dm Arrives/deoarts 5.00 Ml PONCE V-322 An it/is am 17 GATEWAY CITY V-694 ms/ 2t inm PONCE V-323574 words
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Advertisement1025 1978-04-11 14 Everett Lines vA "BURMESE NATIONAL LINE" BFSSC APort Kelang T«t f3B)-73 Anew* m Moloyvo TEPS MALAYSIA '355 Penong T* *****/ ***** Hmmkm* ImmmmimaUl s. A. C.I. F. "ARGENTINE NATIONAL LINE" LOADING FOR DURBAN. CAPETOWN BUENOS AIRES PAMPA ARGENTINA 4/SJw 6/7 Jw» 9 WniA McxkMa S. A. 0 "MEXICAN NATIONAL LINE"1,025 words
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Advertisement621 1978-04-11 14 mwiw/, njn u 11 19<0 <5p H JARDINI AMAH i IU aL'J sz TO EUROPE (VIA SUEZ) SaM UHxn Htwt rMa IM 27/4 M/ 4 2/5 4/5 C J/5 7/5 J/5 11/J U 16/5 11/5 15/5 17/5 1) i« as iw a a/5 */s a/5 */s i lOOAUHKKEW 124/5 25/5621 words
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Page 15 Advertisements
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Advertisement745 1978-04-11 15 CICL Overseas Containers Lirrwted TI N/cwmmT 3C m *H Australia Straits Container Line (A MEMDER BF m AIM CONSMTIHI) CMTAIMEKSIIP SCIVKE TO/FtW AUSTRALIA amro anro anro anro anro anro ASIA AUSTRALIA TEMASEK ASIA AUSTRALIA TEMASEA SaiM IS Mr llbf 11 May 23 May 4>w: la rart 21 Apr 4 Hay745 words
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Advertisement1495 1978-04-11 15 Tl VK/CBNTINENT (n* tmO Ow Support P. Kala«t 'ranf fur oca FATRVCLUS t 11/11 Apr 11/14 May is, IS M> «1 May Bilbao, Amst, H burr. Cut I'pool. BENMNtR It, 1* Apr M/ 22 Apr 4- 12 Ma* Used, U.MS. Hull BENCRUACNAN 2 M*r 1/11 May I May I teat1,495 words
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Advertisement894 1978-04-11 15 BEN LINE A. M E2 li/.r 7*;fr H BVK tNAVEN mv um SCTOH S.nfMtcrt P. blwl W terKani trUr* Baaia* Fiance AJ' UJL Scaajlllavi •MU BAT n Hr N IK 1 tin in* lllq IIM ««q m**vm 22 Apr n Apr I iixh .)ii| kmii iivd itnq HK'M imu 21894 words
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Advertisement840 1978-04-11 15 Scan Dutch V EXPRESS CONTAINER SERVICE VIA SUEZ WESTBOUND TO MEP/UICf CONTINENT/ SCANDINAVIA lfH<> lioa P. Relant Vtsul Ml 9(11 HA U/ 4 TOTAMA FitWltU ff/t H lIUI FRAN.'ISCA I tetlABOlA (utMii n/ i mo Kin *«c**ti*| I*T: I) bniiMi ittm g tester** I) Mat. OilMllkHll. Ur*m Cm S pft840 words
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Advertisement698 1978-04-11 16 M 7, MALAYSIAN INTERNATIONAL SUPPING CORPORATION BCRHAO lib KL *****4. EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/CONTINENT/SCANDINAVIA Fitatr Ktim* Vtnal rtucftu ma. stiiau (umu 4 tbyama nUtIKI 22/ 4 UHICM FIANCESCA 1/ I NTUNIt ILUMM If I Ml. MIS S port 1] MTMilVes Zl Mm X Htarf 4) Gbuff 11/4 ?i698 words
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Advertisement703 1978-04-11 16 KMUI MITOKMT SOM/mi COTAIRaSEIVKE Ti CVMff 'M.V. AISIS OAITIC TTV SwkdaM/lfb*|/ A Vtfp. M.V. LM *IMT 21 Mr 29 Apr OfLVIL 1 MM 2 ®T seillts/yton/Vdim/ M buft^'buri. 'hmni Tlmmp* r*A fir "Mr* Imts: Ihi iff I IffTIAUi (Wl) LTI.—yiWI—BSWIW—IWeI. ILLMMT YEB MWfIM a T'flW «BB>B. Ml IKTEt mnui NABITM*703 words
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