The Business Times, 11 April 1978

Total Pages: 16
1 16 The Business Times
  • 11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 TUESDAY, APRIL 11, 1978 50 CENTS
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  • BRIEFLY...
    • 68 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 consider
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    • 57 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 the
      Reuter  -  57 words
    • 55 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 of
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    • 50 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.
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    • 59 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 the
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    • 85 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 not
      AP  -  85 words
    • 60 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 out
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    • 85 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 Europe
      UPI  -  85 words
  • Chief Price Changes
    • 122 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 165
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    • 152 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 -.10
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  • 982 1  -  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 need
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  • 213 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 that
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  • 816 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 taken
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  • 286 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 told
    Reuter  -  286 words
  • 556 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 unsold
    Reuter.  -  556 words
  • 34 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.
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  • Page 1 Advertisements
    • 38 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)
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    • 42 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 *****
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    • 76 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 file
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    • 169 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.
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    • 3 1 SEE BACK PAGE
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  • TRADE AND INDUSTRY
    • 662 2  -  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 from
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    • 189 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 project
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    • 97 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 executive
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    • 84 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 enjoy
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    • 458 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 of
      Agencies  -  458 words
    • 675 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,
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    • 383 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 indicated
      AP.; UPI  -  383 words
    • 91 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 sales
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    • 169 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 Personnel
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  • Page 2 Advertisements
    • 447 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 case
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  • Page 2 Miscellaneous
    • 626 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 Town
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  • OVERSEAS
    • 844 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) and
      NYT.  -  844 words
    • 278 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 is
      NYT  -  278 words
    • 639 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 German
      Reuter  -  639 words
    • WORLD IN BRIEF
      • 534 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 for
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    • 295 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 Presidents
      Reuter.  -  295 words
    • 177 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 constitutional
      UPI  -  177 words
    • 129 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 that
      Reuter  -  129 words
    • 450 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 upturn
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  • Page 3 Advertisements
    • 177 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 STP
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  • RAW MATERIALS
    • 286 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.
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    • 29 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)
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    • 334 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 196.50
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    • 104 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)
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    • 244 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 the
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    • 174 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 7.90/8
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    • 207 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 pet
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    • 43 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.
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    • 196 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 36
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    • 97 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 buring
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    • 77 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 the
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    • 139 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 and
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    • 94 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 Months
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    • 69 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 £320
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    • 178 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 cents
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    • 60 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 Months
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    • 73 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 up
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    • 508 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 on
      Reuter  -  508 words
    • 255 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 zinc
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    • 807 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
    • 299 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 100.000
      Reuter.  -  299 words
    • MONEY AND EXCHANGE$
      • 491 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, recovered
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      • 160 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«. f
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      • 51 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.
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      • 174 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 a
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      • 188 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 Swiss
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      • 165 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's
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      • 50 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 9175/90
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      • 62 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 US
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      • 451 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 95
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      • 70 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 prime
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  • Page 4 Advertisements
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  • TRANSPORT
    • 98 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&hraln
      Reuter.  -  98 words
    • 91 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
    • 774 5  -  ■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 repair
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    • 349 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 displacement
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    • Article, Illustration
      450 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 (Jede
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    • 367 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 dozens
      UPI.  -  367 words
    • 76 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 current
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    • 257 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 for
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    • 175 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 conferences
      Reuter  -  175 words
    • 159 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 ordered
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    • 76 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 a
      AP.  -  76 words
    • 162 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 could
      Reuter  -  162 words
    • 690 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 CPA
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  • Page 5 Advertisements
    • 91 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, every
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  • 469 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 be
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  • 388 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 seemingly
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  • 2199 6  -  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 what
    NYT.  -  2,199 words
  • Page 6 Advertisements
    • 458 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 Bar
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    • 111 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 Lea
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  • Page 6 Miscellaneous
    • 64 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 Millimetres
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    • 250 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 Wanted
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  • 1290 7  -  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 and
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  • 615 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?"
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  • 391 7  -  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
  • 1194 7  -  (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--9
    1,194 words
  • Page 7 Advertisements
    • 314 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
  • Page 7 Miscellaneous
    • 37 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*ne
      37 words

  • INTERNATIONAL STOCKS MARKETS
    • 406 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, continued
      Source: DBS-Daiwa  -  406 words
    • 322 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 $2.12
      322 words
    • 148 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 -50
      148 words
    • 31 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 458.61
      31 words
    • 404 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 time
      Reuter.  -  404 words
    • 423 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 had
      Reuter  -  423 words
    • 454 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 continued
      454 words
    • 727 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 on
      NYT.  -  727 words
    • 92 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
    • 86 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 agreed
      Reuter.  -  86 words
    • 903 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 tlie
      NYT  -  903 words
    • 901 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 rise
      NY  -  901 words
    • 831 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 the
      NYT  -  831 words
  • Page 8 Advertisements
    • 176 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 the
      176 words

  • INTERNATIONAL COMPANY NEWS
    • 1174 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 negotiating
      1,174 words
    • 96 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 to
      96 words
    • 166 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
    • 175 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 half
      Reuter.  -  175 words
    • 190 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 share
      Reuter.  -  190 words
    • 149 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 2.4
      149 words
    • 99 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 estimated
      Reuter  -  99 words
    • 148 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
    • 165 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 better
      Reuter  -  165 words
    • 99 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 of
      AFP.  -  99 words
    • 270 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 formerly
      270 words
    • 203 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 date
      203 words
    • 134 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
    • 89 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 earned
      89 words
    • 89 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 preparing
      Reuter.  -  89 words
    • 82 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 completions
      Reuter  -  82 words
    • 798 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 increase
      798 words
    • 760 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 growth
      760 words
  • Page 9 Advertisements
    • 218 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 of
      218 words

  • DEALS DONE ON THE SES AND KLSE
    • 1511 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 deal
      1,511 words
    • 221 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 1983
      221 words
    • 144 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
    • 107 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) f
      107 words
  • 155 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 for
    155 words
  • 2455 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 Bousteadco
    2,455 words
  • 1814 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, A
    1,814 words
  • 839 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 advances
    839 words
  • 653 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 picture
    653 words

  • COMPANY NEWS
    • 619 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
    • 64 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 San
      64 words
    • 37 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
    • 715 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 17
      715 words
    • 1275 11  -  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 to
      1,275 words
    • 758 11  -  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 per
      758 words
    • 360 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
    • 88 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 Just
      88 words
    • 61 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. Malaysian
      61 words
    • LATEST RESULTS
      • 67 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 $4.16
        67 words
      • 30 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
    • 26 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
  • Page 11 Advertisements
    • 271 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 diploma
      271 words

  • 685 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 grants
    NYT.  -  685 words
  • 334 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 of
    334 words
  • 1009 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 the
    NYT.  -  1,009 words
  • 304 12  -  ■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
  • 251 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 almost
    AP  -  251 words
  • 810 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 though
    810 words
  • 205 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 Australian
    205 words
  • 84 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 seven
    AFP.  -  84 words
  • 645 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 similar
    Reuter  -  645 words
  • 73 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 the
    73 words
  • 171 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 tnat
    171 words
  • Page 12 Advertisements
    • 274 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 the
      274 words

  • 4862 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 Joint
    4,862 words
  • Page 13 Advertisements
    • 304 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 Apr
      304 words
    • 288 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 17
      288 words
    • 7 13 i 1 n e K UNION MCIIIC
      7 words
    • 12 13 FORTNIGHTLY TO MIDDLE EAST LAND OCT KHKEMTEO CONTUNII HtVltt BOOKING Til *****22
      12 words

  • Page 14 Advertisements
    • 771 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 TO
      771 words
    • 785 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. CHALNA
      785 words
    • 574 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-323
      574 words
    • 1025 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
    • 621 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 25/5
      621 words

  • Page 15 Advertisements
    • 745 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 Hay
      745 words
    • 1495 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 teat
      1,495 words
    • 894 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 21
      894 words
    • 840 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 pft
      840 words
    • 743 15 GUTHRIE BOUSTEAD S" THE BANK LINE LTD UWMLIinU *ttt, Tiafl, C.1., P.E.. y.K*int nm tsr s>t urn Darton, I 1.. PI.. p. mim( nm May Snn n/a i p. mi*«i 11/11 Apr s por« nm Apr nST BAM (Mwrrfrat, Durban. M Capitrm) Ptnanf FMTWE ITU (Mavfitiul. Paaax Capctum) hM| nw
      743 words

  • Page 16 Advertisements
    • 898 16 KAWASAKI DON KAHKA LTD. HtIIMTAL CHIEF NT UM seven seas mam isw is Apr MIEJffJU. RESEAIOKRII n HI CKMUEI PAR m 20 Apr Id ?f EMR (VIA SKZ) S'port f. Keiar.| L Havre HTiurg Br met SUM lihrt N Mr J*l 3 Ma| IS Apr 1« Apr 7 Mar S
      898 words
    • 1154 16 E.C. VJJL/ATUUmC/fiQLF SERVICE ACCEFTO6 FCt/UL CORTANOS FtM STORE. P. KELARG, POUM m«Mf far niifolk, new rm. new mums, nmstsn. S P. UMI M m NW| 'VISNVA DNAPMA" (MM SCI) May 21/B H*r 21/14 Ma E.C./GREAT LAKES SERVICE LaaM| far: NORFOLK. NEW TRM, MONTREAL. TOROm. UITIIIU, IETttIT, CNICMI. Prnang Bell*in P.
      1,154 words
    • 1029 16 'FULLY CONTAINERISED SERVICES: ti Emrt ivu mc run mk rhiapfei irwrj BRIENIAL CHIEF SaiM la Part 77 Apr 2 May SEVEN SEAS BRIBBft IS Apr 11 Mr 3 May May It May ORIENTAL RESEARCHER 22 Apr 23 Apr II May IS May 1« May CHEVALIER PAW. 2> Apr 21 Ajr
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