The Business Times, 8 May 1978

Microfilm: NL9690
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 MONDAY, MAY 8, 1978 SO CENTS
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  • BRIEFLY...
    • Article
      Tin seized
      72 1 JOHORE BAHRU, Sun. Customs officers carried out an exhaustive three hours search of an oil palm plantation at Buklt Tlnggi, near Kota Tinggl and seized M 540,000 worth of high grade tin ore at midnight yesterday. "We believe that the ore was hidden by someone and was waiting
      72 words
    • Article
      Lock icon Vietnam oil insurance
      52 1 AFP. HANOI, Sun. The Vietnam Insurance Company has opened an oil insurance office in the resort town of Vung Tau to serve oil prospectlon in southern Vietnam, the Vietnam News Agency reported today. The government recently signed agreements with two foreign firms for offshore oil prospectlon and
      AFP.  -  52 words
    • Article
      Lock icon Siberian resources
      53 1 AFP. MANILA, Sun. Former United States Ambassador to Japan James Hodgson today held out the possibility the day may come when Pacific nations may open trade with the Soviet Union involving Siberian resources. He was speaking at the opening session of the meeting here of the Pacific Basin
      AFP.  -  53 words
    • Article
      Lock icon Make-or-break
      59 1 Reuter. BRUSSELS, Sun. Common Market farm ministers begin what could turn Into a second marathon meeting tomorrow In their annual struggle to fix new farm prices for the community. EEC sources said it would be a make-or-break session as another failure to agree could cause Eolitical problems for the
      Reuter.  -  59 words
    • Article
      Lock icon Use Pasir Gudang
      78 1 AFP. KUALA LUMPUR, Sun. A Malaysian government mission will visit Hongkong at the end of this month to promote the port of Paslr Gudang South Johore, in connection with the Far East trade. This was disclosed by the Minister of Primary Industries Datuk Amar Taib Mahmud on
      AFP.  -  78 words
    • Article
      Lock icon HK sparkles
      82 1 AP. HONGKONG, Sun. Hongkong's diamond business, the third largest In the world, set a record last year when diamonds sold here reached HKSI.4 billion (SS7OO million), up 55.2 per cent from 1976. A spokesman of the Diamond Information Centre said today that In addition to the diamonds sold,
      AP.  -  82 words
    • Article
      Lock icon Capital spending
      65 1 Reuter. NEW YORK, Sun. American businessmen plan to increase capital spending this year by 17 B»r cent over 1977 to U*****.3 billion, McQraw--111 publications company said today. Half of that Increase, however, will be eaten away by inflation, meaning a real gain of 8.5 per cent, the company
      Reuter.  -  65 words
    • Article
      Lock icon Playing with words
      65 1 UPI BEIRUT, Sun. American and Arab businessmen are seeking compromise wording for contracts to skirt US legislation on the Arab boycott against Israel. Adnan Kassar, president of the Lebanese Chamber of Commerce, told the Beirut Weekly, Monday Morning, that the efforts were aimed at keeping a new
      UPI  -  65 words
    • Article
      Lock icon More water soon
      49 1 Reuter. HONGKONG, Sun. A HK$l3 million (about 556.5 million) reservoir, one of the biggest here, will be In operation in two months' time, government officials said today. The reservoir, with a capacity of more than 95 million litres, is one of nine currently under construction. Reuter.
      Reuter.  -  49 words
    • Article
      Lock icon Turkish lira down
      38 1 Reuter ANKARA, Sun. The value of the Turkish lira was lowered against eight European currencies today by an average of about 3 per cent, but Its rate against the dollar and sterling remained unchanged. Reuter.
      Reuter  -  38 words
  • Article
    TOP TEN STOCKS
    112 1 THE following list of stocks gives the 10 most traded in on th« Stock Exchange of Singapore last week. It givee toe turnover in thousands of units, nixing prices on Friday and the high and low for 1977/7& Company Tnn Prion May* High Low 000 1978 Haw
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  • LOCAL STOCK INDICES
    • Article
      SINGAPORE
      67 1 Mayl Mayl May! MV4 Mayl tt BT Index: closed 948.85 936.58 967.42 962.94 Industrials: closed 306.19 303.29 302.79 204.08 ft Finance: closed 489.19 488.06 487.28 486.24 Hotels: closed 196.93 196.89 196.73 196.93 Properties: closed 181.44 180.34 180.42 161.66 t Tins: closed 139.58 139.64 140.52 140.61 f 8 rubbers: dosed
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    • Article
      MALAYSIA
      78 1 M*y 1 Mv! Mvl May 4 Mvl V BT Index: closed 1332.10 1329.38 1340.63 1368.71 Industrials: closed 331.41 337.23 337.48 328.77 6 Finance: Hotels: Properties: Tins: closed 410.20 418.21 417.48 420.21 t rlosorl closed 186.45 184.36 186.61 182.10 188.02 183.43 108.10 184.87 closed cloeed 158.31 158.27 188.15 188.42 t
      78 words
  • Article
    Aussie firm gains control of SGAS
    1078 1  -  GREATER IMPETUS TO EXPANSION •y RONNIE LIM AVIATION Developments, a newly-incorporated Australian company, has acquired control of one of the earliest aviation companies in Seletar, Singapore General Aviation Services (SGAS), from the Singapore Government. The Australian company, which is 50 per cent owned by
    1,078 words
  • Article
    EQUAL CHANCE FOR THEM?
    174 1 EMPLOYERS should recognise that handicapped workers with Industrial Training Board certificates have attained a standard equal with any other, normal, person holding the same certificate said Dr. Ahmad Mattar, mlnlster-ln-charge and chairman of the Industrial Training Board, when he opened the Singapore Association for the Deaf's
    174 words
  • Article
    Members want HK bank to bear risks
    1041 1  -  *r SIVA ARASU HONGKONG and Shanghai Banking Corp. has modified the membership contract of the clearing centre it operates for US dollar certificates of deposit (CDs). The new version was sent out recently to the 29 Asian Currency Units with US dollar CD
    1,041 words
  • Article
    Expected upswing in second quarter business
    289 1 LOCAL manufacturer* are planning for greater investment in buildings, and plant and machinery over the coming year. In its latest Survey of Business Expectations of Industrial Establishments in Singapore, for the secood quarter of 1978, the Department of Statistics has found that manufacturers generally
    289 words
  • Article
    Tri-Marine to expand into tuna processing
    579 1 TRI-MARINE Associates, the Italian-Korean fishing Joint venture In Jurong, Is to expand its operations at a cost of $5.2 million, raising its total Investment to $9 million. The company's tuna reexport operations will expand and the extension of Its cold storage facilities as well
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  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      24 1 Wiyfoong hand when Wayfoong Mortgage you need and Finance (Singapore) Lirttjced it ITIOSt Shaw House Ground Floor, 354 Orchard Road. Singapore 9. Tei: *****7.
      24 words
    • Advertisement
      Page 1 Advertisements Column 2
      77 1 Trust Sony for your video w <t h customary vision A and foresight Sony pioneered video equipment. Today, Sony is one of the world's foremost manufacturers of integrated video equipment. Research and experiments are continuously carried out to bring you the most advanced and sophisticated video components. DXC-1200P (Colour video
      77 words
    • Advertisement
      Page 1 Advertisements Column 3
      52 1 SHIPPING TIMES SOVIET (hipping finn mu hueineee only EMERY tUrts dally mttlm HONGKONG ot the aci-fl band wagon HONG LIM wayup a crowdpuller BOOK rnlwi 7 5 SPOTLIGHT MI lower-prion! AWAITING em'hwm 8 s CROBBWOROB 2, AIBCBAFT SCHEDULE f. LEISURE TIME C, WEATHER TV ft RADIO t, BRISTOW 7. SHARK
      52 words
    • Advertisement
      Page 1 Advertisements Column 4
      138 1 Albert Photo For the best in l P photographic ,mBhvhi«s equipment JAL FLIGHT 712 THE TOKYO EXPRESS < NEW YORK VANCOUVER A /n 'E«?v a 3?*? *tr vjfc s^v •£2v^ XfH VSAN i FRANCISCO angeles] (HONOLULU I SINGAPORE MEXICO CITY Only on JAL can you non-stop to Tokyo, then make
      138 words
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  • Article, Illustration
    Longhouse folk cultivate a taste for honey
    1325 2 GENERATIONS-OLD SOLUTION TO A PAINFUL PROBLEM BEEKEEPING it the care and management of ■warms of honeybees. They may be kept for their honey and other products, or for their services as pollinators of fruit and vegetable blossoms, or as a The greatest value
    1,325 words
  • Article
    Elephant power fuels big drive for timber
    1220 2 ELEPHANTS are In demand In Burma, not for the value of their ivory tusks but as beasts of burden in the country's drive to increase its timber exports. Last year the State Timber Corporation used more than 3.000 elephants to haul away logs
    1,220 words
  • Article, Illustration
    Lock icon Indian maharajahs find new niche in society
    1401 2 NYT. UPI. NOW THAT he has grown accustomed to the foreign tourists who troop through his 250-room palace, the Maharajah of Jodhpur has decided to give them access to his grandfather's two old-world private railways cars, and the ancestral hunting lodge as well.
    NYT.; UPI.  -  1,401 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      198 2 IBJ The Bank for All Reasons Corporate Financing. IBJ is Japan's oldest and largest long-term credit bank. With extensive experience in meeting corporate financial requirements through arranging bond issues and offering precisely tailored loan packages. Main Bank to Japan's Key Industries. IBJ is main bank to more of Japan's industrial
      198 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      626 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Such dancers might be tall (6) 7 Charged with something shocklnz (8) 8 Crack some walnuts In the garden! (4) 10 Robert's wine (6) 11 One Biblical deed still fully preserved (6) 14 Joined the opera company (3) 16 It can speedily be exceeded
      626 words
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  • OVERSEAS
    • Article
      Lock icon UK rate increase goes down well with business
      757 3 AFP. NYT THE RISE in the Bank of England's minimum lending rate to 8% per cent would be welcomed by the business community, said London banking sources, because it shows that the government is not shunning unpopular corrective measures even if general
      AFP.; NYT  -  757 words
    • Article
      Lock icon Portugal's latest devaluation part of IMF deal
      430 3 Reuter. THE BANK of Portugal last Friday devalued the escudo by 6 per cent in line with an agreement reached with the International Monetary Fund (IMF) on ways of reviving the country's shattered economy. The new rate against the dollar is 45 escudos
      Reuter.  -  430 words
    • Article
      Less worry over Soviet debts now
      142 3 CONCERN among Industrialists about the level of the Soviet Union's Indebtedness has now faded following the country's success In Improving Its hard currency position over the last two years, president of the German industrial and trade association, Otto Wolff von Amerongen said In Bonn.
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    • WORLD IN BRIEF
      • Article
        Lock icon FOOTHOLD IN SUDAN AGAIN
        603 3 Agencies. THE BATA Shoe Organisation has set up a new company in the Sudan to take over the operations of the Bata nationalised corporation. The new company, Bata Sudan Limited, is a joint venture with the Sudanese government with a majority Interest held by the company.
        Agencies.  -  603 words
    • Article
      Lock icon Offshore oil find by Chinese a breakthrough
      433 3 AP CHINA has discovered oil and natural gas In the South China Sea and plans to turn the deposits Into a major new oil field. The discovery, which represents a major breakthrough in China's efforts to exploit Its large offshore oil potential coincides
      AP  -  433 words
    • Article
      Lock icon Outlook for a new wheat pact brightens
      287 3 NYT THE OUTLOOK for the conclusion of an international agreement to stabilise world wheat prices has brightened as the result of a four-day meeting of major exporter and importer nations in Geneva last week. Arthur Dunkel of Switzerland said that the meeting of
      NYT  -  287 words
    • Article
      Lock icon Dutch extra for Escap spending
      151 3 AFP THE Netherlands has pledged the equivalent of about U552.35 million (555.4 million) in the form of grants, expert services and books as Its extra-budge-tary assistance for the activities planned for this year by the Economic and Social Commission for Asia and the Pacific (Escap).
      AFP  -  151 words
    • Article
      Lock icon MARCH BONN SURPLUS BIGGER
      205 3 Reuter. WEST GERMANY had a provisional current account balance of payments surplus of 2.82 billion marks (553.15 billion) In March after a revised 694 million surplus In February and a 2.33 billion surplus In March last year. This brought the .surplus in the first three months
      Reuter.  -  205 words
    • Article
      Lock icon Cautious mood over falling jobless rate
      1237 3 MAIN WORRY STILL INFLATION Agencies. ECONOMISTS are generally guarded in their Interpretations of the news that unemployment In the United States In April fell to 6 per cent, the lowest level In years. (It was one per cent lower than that registered in April,
      Agencies.  -  1,237 words
    • Article
      Lock icon Penalty proposal in Alaskan pipeline
      449 3 Washington Star THE US Federal Energy Regulatory Commission, In a plan aimed at protecting consumers from the high cost of possible mismanagement in construction of the new Alaskan gas pipeline, has proposed to penalise the builders for cost overruns. On the other hand, the Elan
      Washington Star  -  449 words
    • Article
      Lock icon N. Korea sets 1984 goal
      107 3 Reuter. NORTH KOREA yesterday reported extensive development of coal fields In the country and forecast that Its coal output will hit the 70-80 million ton mark In 1984 The Korean Central News Agency, monitored In Hongkong said that new coal fields were being extensively developed
      Reuter.  -  107 words
    • Article
      PLEDGE TO SRI LANKA
      468 3 MEMBERS of the World Bank over the weekend pledged greater aid for Sri Lanka this year than In 1977 at a Paris meeting. A statement Issued by the bank after the meeting said that aid Indications for 1978 for programmes other than the Mahawell River Development
      468 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      39 3 \< s Xv v.v\ 8^ Ni I «T At V* I ss &> S» .**v BALLY OF SWITZERLAND J rifln IJW r 1 3 >:\\'i STORE OUTFITTERBH HK3H ST CENTRE UKX* PLAZA OCEAN BULDMQ SUPREME HOUSE HUON, RAFFLES HOTELS COLD STORAGE
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  • RAW MATERIALS
    • Article
      FOREIGN RUBBER
      170 4 TERMINAL rubber rallied on pre-weekend covering and general book-squaring in late trading on Friday, closing 0.40 pence down from Thursday to 0.20 pence up In London. Turnover totalled 306 lots of 15 tonnes Including 14 kerbs and one call option. Dealers said uncertainty over sterling may have attracted
      170 words
    • Article
      Straits tin
      175 4 THE STRAITS tin price in Penang on Saturday rose another MS2S to $1,665 per picul. Turnover, however, fell to 218 tonnes from Friday's 245 tonnes which had remained unchanged from Thursday. In LONDON, tin on the day rose by £187 for cash and €141 for Three Months in
      175 words
    • Article
      Coffee
      260 4 ROBUBTA futures in London on Friday closed easier but £25 higher to £10 per tonne down from Thursday night having opened hesitant and unchanged to £5 lower. Volume traded was 1,575 lots including 14 options and around 240 lots of cross trades. Late weekend booksquaring operations made for an
      260 words
    • Article
      Copper
      202 4 COPPER wlrebars on the day lost £8 for cash and £9.50 for Three Months in London on Friday. The afternoon market was featureless with a light two-way trade developing around end-morning levels. In NEW YORK, Comex copper prices closed a dull session 0.10 US cent lower on Friday. Late
      202 words
    • Article
      Silver
      102 4 SILVER on the London Metal Exchange on Friday finished with losses of 0.1 to 0.2 pence per troy ounce. The afternoon market lacked feature and traded Ees were marginally er In sympathy with and this tended to offset the Influence of easier US futures. A softer tendency In sterling
      102 words
    • Article
      Zinc
      79 4 ZINC on the day eased by £0.75 for cash and £3 for Three Months In London on Friday. This metal was also quiet during the afternoon while holding around end-morn-lng levels. The market followed the general movement at the outset with scattered liquidation taking Three Months down to £305
      79 words
    • Article
      Lead
      74 4 LEAD on the day was up £0.50 for cash and down £2 for Three Months in London on Friday. Trading was slow to get under way during the afternoon and price movements were minimal with carries providing the bulk of the turnover. Prices gave ground on the morning pre-market
      74 words
    • Article
      Soybean
      120 4 CHICAGO soybean futures closed at or Just below the day's heights, posting gains of 11% to 2* US cents a bushel on Friday. The volume of trading was fair through most or the session and traders noted a lack of selling throughout the trade. Commercial participation was limited and
      120 words
    • Article
      Wheat
      62 4 WHEAT futures ended the session near the day's best levels, up three to 4V4 U8 cents a bushel In Chicago on Friday. Trading was light throughout most of the session, with selling limited and the market benefiting from spillover support from other pits. Local and commissionhouse buying was also
      62 words
    • Article
      Gold
      801 4 WITH THE 21st IMF gold auction being scheduled for Wednesday last week, the market reopened after the long Labour Day weekend In a rather defensive mood and, In thin trading actlclty, rates dipped again into the US$160 per ounce range, closing in Zurich on Tuesday at $168.75/ 169.50, being
      801 words
    • Article
      Sugar
      215 4 SUGAR futures closed £0.80 to £0.35 per tonne lower In London on Friday. Turnover totalled 1,745 lots Including 158 options. The market fluctuated Irregularly during the afternoon with prices touching both the highs and lows of the day's narrow trading range. Dealers attributed the trend to uncertainty over the
      215 words
    • Article
      Rice
      190 4 BANGKOK rice prices were quoted as follows on Saturday: (US dollars per tonne f.o.b. bails Bangkok). White Rica: lOOpct Ist class 422.100 pet 2nd class 427.100 pet 3rd clan 422 5 pet-413. 10 pet 400. IS pet 302. 20 pet 3XI, 29 pet 377. 35 pet unq Brokaa: A-l
      190 words
    • Article
      Cocoa
      155 4 TERMINAL cocoa in London on Friday sold off against New York In a lightly supported afternoon market and closed the shortened session £33 to £19.50 down from Thursday. Final levels were at or near the day's lows. Turnover totalled 1,816 lots including six options and 482 lots crossed. Dealers
      155 words
    • Article
      Palm oil
      69 4 C.I.P. North European porta. In US dollar* par ton unH «a othenru LONDON: Friday Malaysia 5% f fa bulk per tonne July 575 air 571 dr Sumatra 5* tta bulk May unci) <30 air June SOSalr/SMpd NMr July SdMr MOalr August S75atr 570alr September S66atr STMr Nigeria 5%
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    • Article
      Prices fall with new arrivals
      516 4 PEPPER HARDEST HIT THE ARRIVAL of the first crops for 1978/79 pushed commodity prices lower In quiet trading on the Singapore produce market last week. The worst affected was pepper with prices of black grades falling by $7.50 per picul to their year's low. White
      516 words
    • Article
      Produce exchange
      243 4 CHINESE PRODUCE EXCHANGE, S1NGAPOEE NOON CLOSING PKICE8 PEE PICUL ON SATURDAY: Cocoout ail: Bulk S82 setters, aid drum *87 sellers, new drum 882 Copra: Mixed (looae) UK/Cont 18? buyers. Pepper: Muntok AST A white f.o.b. 100* NLW *382 M setters, Sarawak white f o b. 88% NLW *382
      243 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        177 4 TRADING was rather subdued and quiet last week due to the closure of several major European foreign exchange centres with the US dollar/ deutschemark holding steady at the 2.0700 to 2.0800 level. The raising of U8 prime rates to 8K per cent from 8 per cent by major
        177 words
      • Article
        Asian $ rates
        215 4 Asian rates THE MARKET was quiet throughout the week ended May 5, with patchy business in Three and Six Months. Rates held steady amid rumours of a rise In US discount rates and increase In money supply figures for M--1 and M-2 by 1.7 billion each. Day-to-day rates fluctuated around
        215 words
      • Article
        MLR
        21 4 THE average rale at which Singapore banks are currently prepared to lend to their best customers is 7 per cent.
        21 words
      • Article
        Lock icon Discount market
        307 4 Source: Commercial Discount Co Ltd. EXCEPT for One Month deposits which were reported to have been concluded at the 4* per cent level, trading in term money was neglected during the week ended May 5. Continued interest in overnight deposits, however, moved rates to as high as 7
        Source: Commercial Discount Co Ltd.  -  307 words
      • Article
        London
        295 4 FOREIGN exchange trading here on Friday continued quiet moit of the afternoon like the morning, Influenced bjr lack of Interest from European centres in the wake of the week's Continental market closure*, dealers said. Sterling ended at U891.8278/ 83, down from Its midday 91.8309/ 14 for spot after the
        295 words
      • Article
        Zurich
        535 4 ON A THIN foreign exchange market, due to several holidays, the dollar experienced sharp fluctuations last week. Surprisingly, sterling which was under heavy downward pressure the week before, was able to Improve somewhat. In the first half of the week the dollar was bolstered by an Increase In Interest
        535 words
      • Article
        New York
        247 4 THE DOLLAR closed slightly firmer against major currencies In very quiet, thin trading on Friday. Most of the activity reflected squaring of positions ahead of the weekend, with no major developments to influence trading, dealers said. The dollar fluctuated In a fairly narrow ranee before closing below Its
        247 words
      • Article
        Euro $ rates
        118 4 Euro rates LONDON Eurodollar deposit rates closed steady around opening harder levels after a quiet session on Friday. The higher trend in rates reflected expectations of a further tightening of the Fed's monetary policy following the rise In the US money supply, dealers said. Both Fixed Dates and Shorts closed
        118 words
      • Article
        MONEY MARKET
        109 4 THE INTERBANK overnight rate was seen firming at the beginning of the week ended May 5 to 5* per cent with transactions dealt on the average of 4% per cent. Term rates maintained very steady with One to Three Month rates firming by fe per cent. Keen taking
        109 words
      • Article
        Short term money
        50 4 FOR the week ended Friday May 9, the range of caH rates received from Short..: Deposits (M) Berhad was as follows:- BANK FUND; 2% per cent to 7% per cent. GENERAL FUND: 3 per., cent to 7K per cent. i Movements of fund to—tailed 9901 million. .z.
        50 words
      • Article
        Frankfurt
        43 4 FRANKFURT exchanges closing quotes on May 9: OS 2 *786/68 ~~t Can IS4SVI* l stmj nm »i D>l 93 60.TS I snnsravss lk um/tm T Tr 44.6V45.88 I Ysn *.6SSV4I B rr (CM) 6 41V454 B rr (Tin) 6.41/42 H Kr 28.41/46
        43 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      342 4 FINANCE FOR NON-FINANCIAL MANAGERS 5 6 June Kuala Lumpur 3 4 July Singapore Accounting Reports; Liquidity and Profitability; Evaluating Business Potential; Financial Forecasting and Cash Budgeting; Financial Analysis. PLANNING BUDGETARY CONTROL FOR MANAGEMENT 12 -13 June Kuala Lumpur 6 7 July Singapore Budgeting and Total Business Planning; Budget Preparation; Cost
      342 words
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  • TRANSPORT
    • Article
      Congestion at Australian ports starting to ease
      282 5 THE PAST month's disruption to cargo handling in major Australian ports and subsequent congestion is starting to ease. But problems caused by waterside unions' sudden stoppages and go-slows in the month are still severe and shipping sources in Sydney said it could take
      282 words
    • Article
      Lock icon C. American canal study
      65 5 Reuter. THE US Senate authorised a feasibility study of a sealevel canal in Central America. The legislation Is contained in an amendment to a bill authorising US$l.2 billion (552.9 billion) in river and harbour projects, proposed by Senator Mike Gravel, who said such a canal would
      Reuter.  -  65 words
    • Article
      Lock icon London freight market
      181 5 AFP. RATES held basically steady on the tanker market this week in quiet holidayaffected conditions, but they still remained below "break-even" point. Slight improvements in payments were seen in the Mediterranean, which was the most active sector. The rate for the verylarge crude carriers (VLCCs) in the
      AFP.  -  181 words
    • Article
      Soviet shipping firm here means business
      751 5  -  POLITICAL MOTIVES DENIED By TERESA LIM FOR SINGAPORE Soviet Shipping, one of the most difficult tasks in Its 10 years here has been convincing observers that It Is Interested in commercial deals. The widespread suspicion over Soviet expansion via shipping activities Inevitably affects the
      751 words
    • Article, Illustration
      Unique computer for mariners
      222 5 FOR THE first time in marine history, a unique computer for diverse navigational calculations has been developed. According to a publication by the Japan Trade Centre (Jetro), the machine, developed by Omron Tateisi Electronics, makes navigational calculations simpler and less tedious. The machine possesses versatile calculating
      222 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      723 5 ARRIVALS Service Local Operator Number Time From SIA SQ911 0635 SFO/HNL/GUM SAS SK097 0640 CPH/THR/BKK 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 CPA CX710 1005 HLP GIA GA980 1030 HLP
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    • Article
      Drill ship may cut US oil dependence
      784 5 WHEN the new drill ship Glomar Pacific anchored off Atlantic City, at end of March, the quest for oil In the US waters of the Atlantic Ocean one of the nation's final petroleum frontiers began In earnest. The Olomar Pacific and an assortment
      784 words
    • Article
      Emery's new UK to region run
      325 5 THE world's largest air freight forwarder, Emery Air Freight International has recently started a dally service between Britain and Singapore. Kuala Lumpur and Jakarta. This will cut delivery time by as much as 48 hours. Until May 4, Emery's freight services betweeh Britain and
      325 words
    • Article
      SHIPS IN PORT
      424 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Nedlloyd Spaarnekerk (0800 3/4 Alameda (0800 after Ayuthia) 9/10 Kelyo Maru (Car Carrier) (2300) 16 Bunga Mas (1300) 19 Ende (0700 24 Kwangtung (0900 27/28 State of West Bengal (2300 31/32 Barge Alk Bee No.l (1500 after Pha Shwe Gyaw Ywa) 40/41
      424 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      18 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****5 CITY TEL *****55 -f Call us *oi vou. local or onward reservations
      18 words
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      Page 5 Advertisements Column 2
      86 5 V an utter of 1/ i It starts with a feeling. A feeling of wanting to escape from life. I A feeling of freedom, solitude and 1 isolation. A feeling of love for fun, excitement and discovery j in short, a feeling of the good life. Rasa Sayang, resort hotel
      86 words
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  • REVIEWS
    • Article, Illustration
      HONG LIM WAYANGS WELL ATTENDED
      541 6  -  •y CHUA LEONG LIAN DESPITE the Ministry of Culture and Singapore Tourist Promotion Board's valiant attempts to make the Chinese wayang medium comprehensible to non-Chinese, their recent sponsored performances have attracted no more than a handful of European tourists who seemed primarily Interested in taking
      541 words
    • Article
      Still more bright ideas up Ministry's sleeve
      754 6  -  By JOE PETERS THE Ministry of Culture is proving, contrary to Its critics cynicisms, an able and sensitive coordinator of cultural activities. This can be seen from statistics for the years 1976 and 1977. "Similar activities are taking place this year, plus some
      754 words
    • Article, Illustration
      Lock icon HE's 'me too' to the sci-fi rat-race
      475 6  -  By CHAN HOK-KEUNG Reuter. HONGKONG film studios, still chasing hard for international markets, have Jumped on the science fiction bandwagon after the success of such Hollywood blockbusters as "Star Wars" and "Close Encounters of the Third Kind." The Shaw Organisation, which boasts the
      Reuter.  -  475 words
    • Article, Illustration
      Lock icon Carnaby Street just a memory
      1014 7  -  By 9 BROOKE KROEGER UPI. WHAT'S finished is the n revolution in men's wear, Carnaby Street. "Two decades have passed ■v, since those bold British boys turned a shoddy London ,j.side street into the domi- nant symbol of an age in *{Jlshion. They gave the
      UPI.  -  1,014 words
    • Article
      Library membership
      53 7 MEMBERS who Joined the Central Adult Section, National Library between July 1, 1970 and December 31, 1974 must renew their membership by Friday, June 30 to avoid the confiscation of their S5 deposit and loss of membership. Re-registration will be from 8.30 am to 7.30pm, Mondays to Saturdays,
      53 words
    • Article, Illustration
      Lock icon D.H. Lawrence finds acceptance at home
      718 7  -  "r ROBERT TRAUTMAN Reuter. D.H. LAWRENCE, after Sears of acclaim as a terary slant throughout the world, is only now becoming accepted in his home town. The son of a miner, and author of "Sons and Lovers" and "Lady Chatterley's Lover," Lawrence once described
      Reuter.  -  718 words
    • Article
      Peking's early distrust of Asean giving way to sympathy
      924 7 An Analysis of China's Attitudes Towards Asean, 1976-77 Occasional Paper No. 48, September 1977 Khaw Guat Hoon ISEAS, Singapore 1977, |7 Reviewed by Ho Kin Chai WHEN Asean was formed in August 1967, the Chinese thought it was another US ploy
      924 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      570 6 i i. sinGapura FORUM gf HOTEL 585 Orchard Road, S'pore 9. Tel: *****2 405/407 Havelock Road, S'pore 3. Tel: *****1 Pebble Bar The legendary TANIA. Only the four of 'TANIA* can produce the uniqueness of their very own GREAT SOUND. IT'S DYNAMIC 810 SHOWS: Performing Mondays through Saturdays 9pm to
      570 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      469 6 [leisure time] FILMS: THE Singapore Hilton Hotel will present "Hlckey 6 Bo®gt", a detective thriller starring Robert Culp and Bill Cosby on Sunday May 14 at 8.15 pm at the poolslde. There is no cover charge. I? ;V Robert Culp Bill Crosby "La Grand# Lecsive", presented by the Embassy of
      469 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      264 6 MRWOTO SINGAPORE 5 3.00 PM Opening announcements followed by Nalla Illam (Tamil Repeat) (last Episode)* 3.35 Diary of Events (Tamil)"' 3.40 Afternoon Matinee Claudia (Pt. 1), starring Dorothy McGuire, Robert Young, Inn Claire and Gail Patrick 4.30 Intermission 6.05 Opening announcements followed by Harold Lloyd's World of Comedy 6.30 News
      264 words
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  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      39 7 9 TODAY -OKOH Lunch #1 P S w *> I 3 branches for your convenience: SINGAPORE OKOH Supreme House, Penang Road. Tel: *****1 OKOH OF GINZA Hong Leong Bldg., Raffles Quay. Tel *****81 KATSURA Orchid Inn, Dunearn Rd Tel: *****2
      39 words
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      Page 7 Advertisements Column 2
      76 7 KING S HOTEL Havelock Road, Singapore 3 Tel: *****1 LADYHILL HOTEL 1 Ladyhill Road, Singapore 10 Tel: *****1 LION CITY HOTEL 15 Tanjong Katong Road, Singapore 15 Tel: *****1. HOTEL MALAYSIA 40 Cuscaden Road, Singapore 9 Tel: *****1 THE MANDARIN SINGAPORE 333 Orchard Road, Singapore 9 Tel: *****1. THE MARCO
      76 words
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      Page 7 Advertisements Column 3
      75 7 HOTEL MIRAMAR 401 Havelock Road, Singapore 3 Tel: *****2. HOTEL NEGARA 15 Claymore Drive, Singapore 9 Tel: *****1 HOTEL NEW HONGKONG 101 Victoria Street, Singapore 7 Tel: *****1. OBEROI IMPERIAL HOTEL I Jalan Rumbia, Singapore 9 Tel: *****6 ORCHID INN 214 Dunearn Road, Singapore II" Tel: *****2 ORCHARD HOTEL 2
      75 words
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      Page 7 Advertisements Column 4
      66 7 peninsula hotel Coleman Street, Singapore 6 Tel: *****1 QUEEN'S HOTEL 24 Mount Elizabeth, off Orchard Road Singapore 9. Tel: *****8 RAFFLES HOTEL 1-3 Beach Road, Singapore 7 Tel: *****1/***** SEA VIEW HOTEL Amber Close, Singapore IS Tel: *****22 SHANGRI-LA HOTEL 22 Orange Grove Road, Singapore 10 Tel: *****4. HOTEL SUMMIT
      66 words
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      Page 7 Advertisements Column 5
      18 7 > t »Mt OLD SCOTCH wwisrr Johi» Oiw-a 6 So** L hir* KO'WM BB M WBB HI Jill .'JJ <
      18 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      64 7 BllStdW'rftaAk-DiclQenS so THefles R u>p*ve OF STRIKES SO UHftT »*SHEPO OF UX*K > CRUTRKfe mv/ ™n€ cftST IOON PifncuL-n^s WeS€ SIKltf&S OHLN/ rotWDieeCTLy NOT THRT could 6UTOC H£vejt <wou)S...Twesesn?,i^ Wp ive R HBBIT" OF SPB6PONG V I Plod 'w£ RS U3HG PIS OoK UJRGCS OfcPßeifroeHT DoGSN'T STR»«6_, Ifn LPOGHIHG HOL>|
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  • MARKET REVIEWS
    • Article
      Uptrend pattern is still intact
      1339 8  -  SINGAPORE »y GOH HIANG FONG SPECULATIVE fervour among the lower-priced shares reached feverish pitch In the most active four-day session of the year on the Stock Exchange of Singapore last week. Despite a four-day trading week, aggregate turnover at 28 million units exceeded the previous
      1,339 words
    • Article
      Company News for the week ended May 5
      691 8 SCRIP ISSUE Malakoff Berhad: Proposed bonus Issue of one-for-three, capitalising M 56.82 million. Males Asbestos Cement: Proposed bonus Issue of one-for-three, capitalising MSI million. OTHERS Pacific Development Credit has proposed, subject to approval from the Foreign Investment Committee, to participate in a
      691 words
    • Article
      What goes up must come down
      463 8 NEW YORK THE adage what goes up must come down held true for the New York stock market last week. After an 80 point rally In the Dow Jones Industrial average last month Its third-best monthly point tain in the history of the blue-chip
      463 words
    • Article
      Buoyant trading
      235 8 SYDNEY SHARE brokers believe the underlying strength of the Sydney stock market last week will lead to further price rises next week, especially among the Industrials. The market traded buoyantly in the early part of this week with the All-Or-dinaries Index reaching Its highest point of the year
      235 words
    • Article
      Lock icon Wait and see attitude prevails
      337 8 TOKYO AFP SHARE prices closed the holiday-studded first week of May with good gains after moderate trading on the Tokyo stock market. The 225-blue chlD DowJones average, ahead 26.14 yen the week before, climbed 13.03 yen to 5,547.21 yen. The Composite Index of all listed
      AFP  -  337 words
    • Article
      Simply opposing the gloom
      955 8  -  LONDON »y GERALD COLVERD THE LACK of red pencils being used by London stockjobbers to mark down prices on their trading boards Is being adequately compensated by the number of red (aces turned towards a performance In the Financial Times 30 share Index that belles all
      955 words
    • Article
      On a steadier note
      809 8 KUALA LUMPUR VOLATILE second and third liners featured In a speculative week at the Kuala Lumpur Stock Exchange. In active conditions, prices fluctuated but over the week, the market closed on a steadier note. The leading stock was Associated Plastics Industries which Impressed in both volume
      809 words
    • Article
      Diminished turnover
      443 8 HONGKONG THE HONGKONG stock market .consolidated on dlmlnlahed turnover last week despite a firm start on Monday. It moved within a very narrow range and brokers pointed to the resurgence of Interest In the Kid market, the rise in al prime rates, the continued silence from companies in
      443 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      514 8 iii; i This Month's New Penguins Surprise: Brian Burfand Brian Burland, Penguin's latest author has an easy y mastery that can knock most of the vaunted bestsellers right out of the ring. In Surprise, the language has a convincingly salty swing and a surge of the Caribbean a century ago.
      514 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon HK Wharf to convert loan stock
      191 9 ASIAN Reuter. HONGKONG and Kowloon Wharf and Godown Co Ltd said it decided to exercise Its right of compulsory conversion of its outstanding 8 per cent convertible loan stock 1985. According to Hongkong Stock Exchange statistics, HKSIOB.9B million of the original $120 million issue
      Reuter.  -  191 words
    • Article
      Lock icon UTAH FIRST QUARTER SHIPMENTS RISE
      141 9 Reuter THE UTAH group's coal shipments rose to 4.83 million tonnes In first quarter 1978 from 4.17 million In the same 1977 period. Utah Mining Australia Ltd (Umal) said this was caused by the US coal miners' strike which seriously reduced the availability of US
      Reuter  -  141 words
    • Article
      Lock icon Robe River output down
      229 9 Reuter ROBE River said coarse Iron ore output fell to 2.02 million tonnes in the quarter to end-March from 3.73 million In the March 1977 quarter as It continued Its policy of restricting production due to poor demand. Pellets output dropped to 549.000 tonnes from 1.21
      Reuter  -  229 words
    • Article
      Cadbury confident
      52 9 CADBURY Schweppes Australia Ltd is confident 1978 will see a satisfactory rise In both sales and profit over last year. Chairman Sir Rupert Clarke told the annual meeting the group earned A 58.77 million on sales $171.56 million In calender 1977, but group profit fell marginally in the
      52 words
    • Article
      Lock icon Workforce cut at Chrysler Australia
      134 9 Reuter CHRYSLER Australia said it will make redundant 300 workers at two of Its three Adelaide plants as part of a major restructuring and rationalisation programme. A further 800 people will lose their jobs over the next 20 months as the lossmaking car manufacturer implements
      Reuter  -  134 words
    • Article
      Lock icon Delivery of BP Ninian Field oil in October
      365 9 EUROPEAN Reuter BRITISH Petroleum chairman David Steel said the company expects oil from the Ninian Field will be delivered to the terminal at Sullom Voe in Shetland in October this year. He told the annual meeting that next year the Buchan Field
      Reuter  -  365 words
    • Article
      Lock icon Bofors joint venture plan
      92 9 Reuter AB BOFORS and SaabScanla AB plan to form a Joint company, the Saab Bofors Missile Corp (SBMC), to coordinate development, production and sales of missiles mainly to the Swedish defence forces. A Bofors spokesman said no precise details are yet available on ownership and capitalisation.
      Reuter  -  92 words
    • Article
      Lock icon IHC HOLLAND ORDERS DOWN
      121 9 Reuter. IHC Holland NV said In Its annual report the current economic situation makes future prospects uncertain and much will depend on the Dutch government's shipbuilding industry measures. The company said orders fell to 610 million guilders at end-1977 from 732 million at the end of
      Reuter.  -  121 words
    • Article
      Lock icon Hoechst won't worsen
      93 9 Reuter HOECHST AO expects only minor turnover growth in domestic and export business this year, but is confident it will avoid a further worsening of its earnings position. Managing board chairman Rolf Sahmet told the annual press conference the West German chemical industry can expect little production
      Reuter  -  93 words
    • Article
      Lock icon Coca-Cola enjoys 12pc jump
      185 9 NORTH AMERICAN Reuter COCA-COLA Company, the world's largest manufacturer of syrups for the soft drink beverage industry, has reported a 12 per cent Increase in profits for the first quarter and predicted continued gains during the balance of the year. The company attributed the good showing
      Reuter  -  185 words
    • Article
      Phelps Dodge outlook
      90 9 PHELPS DODGE expects second quarter net to top the first Quarter's 20 US cents a share but be below the year ago quarter's 85 cents. Chairman Oeroge Munroe said his second quarter outlook was assuming the price of copper stays at its current level of 64 cents
      90 words
    • Article
      Lock icon Slow start at Albright & Wilson
      124 9 Slow start at Albright Wilson Reuter ALBRIGHT and Wilson Ltd had a slow start this year although there has been a moderate revival in Britain in recent months. Chairman Sydney Ellis told the annual meeting competition is still fierce in most of the company's markets and a substantial proportion of
      Reuter  -  124 words
    • Article
      CGE convertible
      73 9 CIE Generate D'Electrlcite SA announced the convertibility of its outstanding convertible bonds will be suspended from May 20 pending a capital rise through a rights issue. The company gave no details of the planned share issue, which will be for cash, and no spokesmen were available. CGE will
      73 words
    • Article
      Ford-France ups prices
      72 9 FORD Motor subsidiary Ford-France SA said it is raising prices an average 3.4 per cent, effective May 2, to help meet higher production costs. In the first quarter new Ford-France registrations fell 5.1 per cent from the year-ago levels to 23,751 cars (25,047) but as the French
      72 words
    • Article
      Lock icon COLGATE EXPECTS BETTER RESULTS
      166 9 Reuter. COLGATE PALMOLIVE expects this year's earnings and sales to show an 8 to 9 per cent Increase from the $2.07 a share and sales of $3.84 billion in 1977. Chairman David Oster said at the annual meeting although currency exchange losses will continue to be
      Reuter.  -  166 words
    • Article
      Lock icon Amax optimistic of a turnround
      133 9 Reuter AMAX chairman Pierre Gousseland told the annual meeting he expects earnings for the next three quarters of this year to' 'rise above the depressed level of the first quarter." In the first quarter earnings fell to US$l6.2 million from $32.5 million a year earlier,
      Reuter  -  133 words
  • INTERNATIONAL STOCKS MARKETS
    • Article
      Amsterdam prices close mixed
      287 9 EUROPEAN MARKETS PRICES closed generally mixed on European bourses on Friday. In Amsterdam, prices closed mixed In quiet trading. Dealers said among Dutch Internationals Akio and Hoogovens were actively firmer, NMB firmed and bourse sources noted keen Interest In NMB rights which started trading on Friday.
      287 words
    • Article
      Amsterdam
      223 9 MAY 05 Ms ABN 342 50 +2 Ahold 100 00 +0.7 Akzo 28.70 1.4 AMEV 83 80 -0 3 Am fas 106 70 +0 7 Amrot Bank 7# 00 +1 Bergoss 55 80 +0.1 Berk 87 50 +2 Bots 68 50 -0 9 Borsumlj 154.90 +5.9 Burhmann 67 80
      223 words
    • Article
      Frankfurt
      205 9 MAY 06 Dm Aef-Telefunken 86 +0.2 Akzo 2« 80 +0.8 Allz Leben 619 unch AllzVers 466 50 unch BASF 135 00 +0.9 Bay H T Wbank 277 -1 Bay Vb&nk 293.50 +0.5 Bayer 138 70 +0.9 BBC 287 +3 BMW 225 50 +4.8 Cassella 335 -12 Chem Verw 240
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    • Article
      Paris
      260 9 MAY M Frs CORBEILLE Air-Liquide 312.10 ♦1.1 B 3 N Gervals Danone 489 12 C8 F (Thomson Csf) 244.50 ♦3 Cle Francalse desPetroles 128.80 ♦0.5 Compagnle Flnanclere Compagnle Generate 308 ♦3 Credit Fonder De France 332 ♦3 Hachette (Librairie) 180 1 Machines Bull 37.95 -0.4 Mlchelln(B) 1480 10 Parlbas
      260 words
    • Article
      Zurich
      182 9 MAY 05 Francs Actions Sulsses AlusuisseBr Alusulsse Reg Brown Boverl Br Clba Qelgy Br Clba Oelgy PC... Clba Gelgy Reg Credit Suisse Br Credit Suisse Reg Elektrowatt Br George Fischer Br Globus Pc Hero Br Hoffman-La Rochel/10 Holderbank Br Interfood Br Jelmoll Br Motor-Columbus Nestle Br Nestle Reg OerllkonBuehrleBr
      182 words
    • Article
      Julian
      93 9 MAY Lire Anlc #1.75 unch Assoc On ***** >180 B&stogl ***** ♦4.25 Centrale 3400 -25 Flat 1003 •2 Flnsldfr 78 50 +2.5 Gen Immob 74 -0.5 IFIPrl 2073 17 IUUcementl ***** -250 Italgas 823 +1 Italslder 145 unch Magnet! M Pf 438 -2 MarelU Ere 228 +3 Medlob *****
      93 words
    • Article
      Selected indices
      34 9 FINANCIAL TIMES INDUSTRIALS Frtday 481.S Thursday 474.6 Week Ago 485.7 DOW JONES AVERAGE INDUSTRIALS Friday 829.09 Thursday 834.41 Week Ago 837.32 LONDON DOLLAR PREMIUM Friday 109* to 110M Thursday 110 to 110H
      34 words
    • Article
      Tokyo
      440 9 SHARE prices closed slightly higher on Saturday in limited trading with wait-and-see attitudes prevailing In the holiday-sandwiched half-day session. Dealers said the Nikkei Dow Jones average rose 5.12 to close at 5,547.21 with volume 170 million shares. The new index closed at 414.27, up 1.45. Foods, ceramics, retail stores
      440 words
    • Article
      Toronto
      223 9 SHARE prices closed higher In active trading on Friday with the Composite index up four points and gains leading losses 254 to 180. Closing volume totalled 3.6 million shares against 3.4 million on Thursday. MAY M CI Abitibi 12* Alcan 31* Algoma 19'* Bank Mont ION unch Bank Nova
      223 words
    • Article
      A solid gain
      1008 9 NEW YORK STOCKS scored a solid gain in heavy trading despite some pro-fit-taking late In the session and finished a mostly negaUve week on a positive note on rrlday. Analysts said the strength of the advance In the morning was Impressive In the face of news that
      1,008 words
    • Article
      Johannesburg
      259 9 MAY M Rind Tic Oats no -5 Toofaat 389 unch INDUSTRIALS Trust B* 28 Un Steel 91 unch A Alpha 104 .1 Unlsec J.. 106 unch Abercom in unch Wodworth 339 AE And CI M -1 AMIC 920 ♦iO MININGS Barlows 370 Anglo* 906 -I Si* 1 1 900
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  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      100 9 In Singapore there is an inn Which has an old-world pattern; The London Steak House is its name And it's a first-rate tavern. The meals it serves melt in the mouth. The wines are fine and mellow. The atmosphere is companionable And all the patrons know. That Fosters is unbeatable
      100 words
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      Page 9 Advertisements Column 2
      75 9 OFFICE EQUIPMENT MANUFACTURERS (S) PTE. LTD. announce the acquisition of KHINCO (S) PTE. LTD. As from today all products wilt be marketed under the brand name and trademark of ffißjm U KHINCO SALES OFFICE SHOWROOM is now at 10. JALAN KILANG TIMOR SINGAPORE 3 TEL:*****22/3/4/5 TELEX: R*****4 CABLES: "OFFICEQUIP" KHINCO
      75 words
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  • COMPANY NEWS
    • Article
      Good prospects of higher prices
      749 10  -  CUE WILL COME FROM KL Market Talk... j GOH HIANG FONG THE PRESENT outlook of the Singapore stock market Is good with prospects of higher prices all round. However, the cue will come mainly from the Malaysians considering the highly liquid position ruling there. Mr.
      749 words
    • Article
      RUBBER OUTPUT
      62 10 March 1978 Kilograms Austral Enterprise 18,597 Benta Plantations 164,000 Castlefield 136,986 Consolidated Plantations' 1.369 Glengowrie 22,680 Golden Hope 801,415 Hollywood 58,968 Hongkong (Selangor) 13,608 Inch Kenneth Kajang 43,999 Kern Das (M) 365,000 KillinghaU (Rubber) 17,237 Kinta Kellas Rubber 177,810 Kuala Selangor 42,185 Kundong Tanjong Pau 73,936 London Asiatic
      62 words
    • LATEST RESULTS
      • Article
        GUINNESS Malaysia Bhd:
        106 10 unaudited group net profit of M 15.83 million (94.88 million) for ill months ended Feb 28, on Mlee of 969.91 million (959.17 million). Psrent company profit •t 94.59 million (93.55 million). Interim dividend 15 cent* gross (12.5), payable June 27 to shareholders registered on June 1. The
        106 words
    • Article
      BUSINESS TIMES INDUSTRIAL GROUP INDICES (BASE YEAR: JANUARY 4, 1971 – 100)
      145 10 BUSINESS TIMES INDUSTRIAL GROUP INDICES (BASE YEAR: JANUARY 4, 1971 100) itnnt Weak't Actiaa Hick Law Moetrial Group 2IV4 VS Poiat Ckaage 280 43 496.57 186 31 240.13 294.16 231 63 715.93 152.00 131.85 126.74 390 98 297 66 145.90 328 67 135.80 181.16 221.37 175.47 423.12 116.47 87.13 81
      145 words
    • Article
      DIVIDENDS ANNOUNCED
      749 10 Current Ex Book* Date Total for Total for payment Date cloae payable the year previoua year Rosy Elec. 5%TE(b) Apr 13 Apr 25 May8 5%TE 5%TE Aiinomoto 12%TE At>rl3 Apr 25 May 8 12%TE 12%TE Min Securities Maia 12' a %I Apr 18 Apr 28 May 8 12*%
      749 words
    • Article
      SCRIP ISSUES
      234 10 Company Particulars Ex Date Books Close Kramat Tin Bonus Issue of 1 for S Apr 27 May 10 United Oversea* Bank Bonus Issue of 1 for 10 Apr 28 May 6 Negri Sembilan Oil Palms Bonus Issue of 1 (or 2 May IS May 26 Straits Steamship Bonus
      234 words
    • Article
      COMPANY MEETINGS
      404 10 United Overseas Bank Ltd: AGM to be held at UOB Building, No. 1, Bonham Street, on May 12. Jack Chia Mining and Industrial: EOGM to be held at 2 B, Chartered Bank Chambers. Beach Street, Penang, at 12 noon on May 12. Petri Malaysia Bhd: EOGM to be
      404 words
  • Article
    SHARE INFORMATION SERVICE
    2547 10 1*78 Hick Lew h.i La* Sale +ar <**■ Qr", Dh DH TK Cw F/l Val W«k H*h Lew SECTION ONE INDUSTRIALS 181 213 151 225 81 285 183 308 422 181 132 Aetna 123* Alcorn 112 Allied Choc 195' B&u 60V<i Ben 191 Boustead 144 Bousteadco 258
    2,547 words
  • Article
    CHICAGO BOARD OPTIONS
    1274 10 May 5 OPTION JLY OCT JAN STOCK Alcoa Alcoa Alco* Am Tel Am Tel Am Tel AUR AUR AUR Avon Avon-P Avon Avon-P Avon Avon-P Avon Avon-P Bank Am Bank Am Bank Am Beth S Beth 8 Beth S Burrougha Burroughs Burroufha ClUcp ClUcp ClUcp Del Air
    1,274 words
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  • MONDAY SPORTS
    • Article
      Lock icon Evonne is getting her priorities straight
      1097 11 NYT. NEW YORK: While all the other major players on the women's tennis tour are busy building up World Team Tennis, Evonne Goolagong is at home doting on her year-old daughter, lyWorried that the baby might become overtennised, after her first season on tour,
      NYT.  -  1,097 words
    • Article
      Lock icon Whole new ball game with Ballesteros
      984 11 The Observer. LONDON: By coincidence the two ben golf shots I have ever seen were both played at EI Prat, the scene of the recent Spanish Open Championship, on Javier Arana's masterpiece of a golf course which would surely be celebrated as one of
      The Observer.  -  984 words
    • Article, Illustration
      SICC keep title hopes alive
      732 11  -  By ERNEST FRIDA THE Singapore Island Country Club kept their hopes of retaining the Singapore Golf Association Premier League title alive yesterday when they beat Seletar Golf Club at Seletar. SICC outplayed their rivals by six strokes for their third win in the League. They
      732 words
    • Article
      Lock icon Native Dancer's progeny is doing him proud
      980 11 NYT. NEW YORK: About midafternoon on Derby day, Bill Winfrey left the barn on the back side of Churchill Downs to walk his wife Elaine and two visitors around to the grandstand side. Before departing, he peered into Native Dancer's stall. The gray
      NYT.  -  980 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      179 11 k k. A I. i 111 (Incorporated in lh« Republic ot Singapore) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Ninth Annual General Meeting of the Company will be held at the Company's Registered Office at the Shipyard. Admiralty Road East, Sembawana, Singapore 27 on Tuesday, 30
      179 words
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      Page 11 Advertisements Column 2
      568 11 Holdings Berhad PRELIMINARY ANNOUNCEMENT OF RESULTS FOR I THE YEAR ENDED 31 at DECEMBER 1977 The trading results for the year ended 31st December 1977, subject to completion of audit and compared with the previous year are: GROUP COMPANY 1977 1976 1977 1976 $'000 000 $'000 $000 Turnover 89.223 72,566
      568 words
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  • Article
    Lock icon Hardliners may settle for less in future hikes
    594 12 Reuter, AFP. IRAQ and Libya, traditionally members of the Opec hardline faction, were expected to settle for a future oil price rise lower than that needed to offset the dollar's estimated 15 per cent depreciation since last year, it was learned yesterday.
    Reuter,; AFP.  -  594 words
  • Article
    Give Asean more aid
    385 12 JAPAN'S International Trade and Industry Minister Toshlo Kohmoto returned to Tokyo on Saturday from a tour of Indonesia, Singapore and Malaysia, and called for his country to step up economic assistance to South-east Asia. Speaking at the airport, Mr. Kohmoto said he is strongly impressed with
    385 words
  • Article
    Lock icon HONGKONG MERGER FIRM SETUP
    110 12 AFP. A COMPANY to promote the mm of Hongkong's four stock exchanges Is to be nfbUnd as early as possible, it was leaned front official sources ss Saturday. Decision to Cant the comtaken at a meeting EnSsf^irsiES the tercet year faTwhSls A spokesman tor the Of--s®*
    AFP.  -  110 words
  • Article
    HK-Norway talks off
    49 12 RESUMED Hongkong Norway negotiations In Oslo for a new textiles agreement have been suspended again, Industry sources said on Saturday. They said suspension was due to the Norwegian government's unchanged demand for 40 to 70 per cent quota cuts for items In both garments and textiles.
    49 words
  • Article
    Cedel here can boost Asian dollar bonds
    368 12  -  •y SON TIANG KENG THE PROPOSED presence of Cedel, the International clearing house, in Singapore will lead to faster and more effective clearing of Asian dollar bonds in this region. This Is the general reaction of bankers here to Cedel's recent announcement of
    368 words
  • Article
    Lock icon Marcos call for intra-Asean trade
    189 12 Reuter PHILIPPINE President Marcos declared yesterday that Asean will have to develop trade speedily among its five members to absorb the effects of International protectionism. In a speech read for him by Foreign Secretary Carlo* Romulo, marking the opening of the first-ever Aaean trade fair,
    Reuter  -  189 words
  • Article
    Lock icon Summit to study growth strategy
    456 12 AP A STRATEGY to coordinate economic growth of the Industrialised world will be considered by President Carter and leaders of six other nations at the Bonn economic summit in July. The leaders may decide for the first time to commit their nations Jointly to specific
    AP  -  456 words
  • Article
    PRICES OF VINYL PRODUCTS TO RISE
    143 12 PRICES of vinyl products are expected to rise following the recent announcement of an increase in the price of plastlclsers and polyvinylchlorlde (PVC) resins, the raw materials used by manufacturers. Monsanto Singapore Company Pte Ltd, a member of the giant American Monsanto corporation, announced
    143 words
  • Article
    Lecture on TM research programme
    256 12 TWO scientific researchers into the practical value of Transcendental Meditation, a universal relaxation technique based on ancient Hindu precepts and propagated by the Maharashl Mahesh Yogi, will give a lecture on their movement's "Global Research Programme" at 7.30pm tonight. In the RELC building, Orange Orove
    256 words
  • Page 12 Advertisements
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  • Article
    SHIPPING TIMES
    2717 13 SCHEDULE A guide to ships loading at Singapore for Ports around the World The following list tabulates, by port of destination the name of the ship, the shipping Une involved, and the estimated dates of arrival and departure from Singapore port. SeanDateh tea a Mat mr~ ♦haarrangement with
    2,717 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      321 13 Scan Dutch Fast and Regular Service To/From N.C. /SCAN/W.M ED.7U.K. Every 10 Days. Singapore: Tel *****, Port Kelang: Tel. *****1, Kuaia Lumpur Tel. *****, Penang. Tel. ***** SHIPPING STRAITS TRANSPORTATION PTE. LTD. COMPANIA NAVIERA MARASIA, S.A. FUU CONT4INERSHIP SERVICE TO ANO FROM BARCELONA yu. I LOADINC chevauer «lm»s J,w,t J'pore
      321 words
    • Advertisement
      Page 13 Advertisements Column 2
      433 13 OCS MARINE FREIGHT MANAGEMENT SERVIC C OCS A 7 22 General A«fit OCS Me Ltd T#|; *****14 ft *****S rort Kelant Agent «.b Shipping Sdn BM Td *****5, 3575 Bangkok Agent OCS Td *****25 YAGUMA LINE Direct Loading to Rotterdam Vessel Port Kc'ano Penang LJUtY GREECE jj.,15/1, Ma 21/23 M,J
      433 words
    • Advertisement
      Page 13 Advertisements Column 3
      430 13 SHARJAH SHIPPING CO. LTD -i A_> JZi »->"• < UNIttO Ml EMIIUTLS) fIHU SHIPPinG UD€ (UNITED IMB EMIRATES) GULF SHIPPING LINE UN 'SD tmß IMiRAIf Spore P Kn»ng Pffunf lMtfin| tor •GUIFIMJHTY. il/2tl*. 21/23 Jww Oo*./AO. Dtub. •GULF MAJESTY 1/5 fc* 4/lA* 52T/Z52 ACCEPTING CONTAINERISED Fa CARGO TO DUBAI ABU
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      343 13 SINGAPOHfc COSMOS SHIPPING CO (PTE) LTD 11M. (OtiRSOM (0 J'fOK. 1 TU «0 ***** Tel *****33 <7 Lines) Cownot Fatten* Good Tor Coimos Fartti Cosmos TraAan Cosmos T.B.N. Cosmo* Enorflr Cosmos T.B.N. Loadinf Dubai. Kuwait Hodeitfah, Sum Dubai, Kuwait Dubai. Kuwait Hodeidah Hodeidah Dubai. Kuwait WORLD LINE EXPRESS REGULAR SERVICE
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      97 13 Nedlloyd Lines Regular Uner Services To/From All Parts off the World. Singapore: T*. *****. Port Kelang: Tat. *****1. Kuaia Lumpur Tat. *****. Penang: Tel. ***** NOTICES MAMMOET BHIPPING/AMSTERDAM HEAVY LIFT/RO-RO VESSEL "HAPPY RinFP" 2800 DWT BALE CAPACITY 200,000 CFT RO-RO CAPACITY 1000 TONS HOISTING CAPACITY 320 TONS DIMS: 81.81/15.50/9.15 M
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      389 14 24/ 22 ANGLO-FRENCH TRADING S.ng»oor» Kuaia Lumpur 03 *****4 03 *****7 Book.nga ***** 1 1 *****8S Porl K«i»ng *****1 3 CfS *****8/7,g CFS *****66 Tarfrvnal *****51 P»n»ng ***** 8 Ipoh 05 2883 4 SUMA COPf NHAHF N LINE EXPRESS SEMI-CONTAINER SERVICE TO EUROPE TRANSIT STRAITS/UK-CONTINENT 21/24 DAYS SPORE P.KELANG PNANG
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      Page 14 Advertisements Column 2
      749 14 I CI SANKYO LINE] AUSTRALIA SERVICE P. Mane Smpp«t iMdmf tar LOGISTIC ACE INPORT B*», SYD. MEL, ADEL YUE RIVER 13/:«» to» 15/18 M«T FR£, AD€L, MEL, SYD MAY BREEZE 22/24 May 21/21 M*Y BttS. SYD, *Cl BANGLADESH SERVICE S£A BLOOM 30/31 May 21/29 May CHITTA6ON6. CHALNA NERAL AGENTS OCEAN
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      470 14 40 t M FLOOR HONG LEONG BLDG 16 RAFFIES QUAY 1 Customei Sermct Booimj 222b222 Terminal 257C53 ?*****7 4M FULLY CONTAINERISED SERVICE Go om better to the Middle East PRIORITY BERTHING ft DISCHARGE AT ALL PORTS t ALSO ACCEPTING CARGO FOR BAHREIN AND ABU DHABI Kim /HIPPIftG U TPfIOWG PTI
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      1305 14 I r j Everett Lines m LOADING FOB "BURMESE NATIONAL LINE mwinw B f SS C Aganrs m Moloyvo TEPS MALAYSIA Port Kdong T«l (38 -7355 Pmortg Tel *****/***** NavMabai litmßMNtll S A. C I F AfIGiNTINE NATIONAL LINE" LOADING FOB DURBAN. CAPETOWN BUENOS AIRES rmtmmmm wukm u/M*. tniA Trtwpwttd—
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      1112 15 QCL Overseas Containers Limited S «SCI Australia Straits Container Line (A MEMOfI Of THE MM COHSORTIIfM) W CONTAINERS*IP SERVICE TO/FROM AUSTRALIA SINGAPORE P. KELAN6 MSSANE 75 May I Jar, 13 tm 77 Jaw 11 My 17 My STMET 27 May llMfc ISMm TSJaw 13 Jaly IS My tm\l II Jm
      1,112 words
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      Page 15 Advertisements Column 2
      1178 15 Ben Ocean Ajant service of Ben Lrte BJoe Flrmei Glen Lme and NSMO T» W/CWIWW (Ma tan) >>f»pore f. Helen* Earai* KKMUUII Sum l/n Mar it Pt/I May I(m Bilbao, «nKtard«a. Dublin. Liverpool. PATRRCLRS S*iM IS/II Hay 1J la* lenoes. MM, teat H'barg. Hall. L'ihkH 1 J*F| Lisbon. Leno*t, Hall.
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      Page 15 Advertisements Column 3
      527 15 BEN LINE HE VA M aiiwtii mm wm anew hiM Fiaaca Ml UJL «m»w ur UMU NAM em ar ma S3 WW S3 n BEN ASIA CONTAINER SERVICE ms snun/wu/sium wan sotici S aara P. Kf ling Penaaf >o«o Ouu Kobr Mail ASIAN PALLAS tf] H Nrt II Uy II
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      643 15 Scan Dutch V SAM LI3IKV idiy/TT? rrv~j >*****: i ai: i ?M1! f\\ r i) c b«r| j) M*«? a rm «ii<*■ s> uh d m-k.hk p. SILAMIA U.IW Sailed UHH Ml ItM 5t,1.1 S 11/ ■IM« Sailed Sailed IIM !lM SiM 21/ 1 Ml. KJIIM a/ t I 11/1
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      411 15 GUTHRIE BOUSTEAD bHIPPINIG agencies TH BAN l\ LTD LVKES ORIENT LINE Exmss soma ititer fim smcapmc T» NEW MLIAJB, MMX MMSTM. MLVESTM. alsp accotim cam m mm, mmu. taivm. mm M MNI PUTS. hkw> r hum Pom! •II NT ON IYWS (Leett) 11/11 Mar SINGAPORE *****4 PTKELANCi tH»?01 KUALA LUMPUR
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      925 16 m gBEBBI OnA Mm) kj CwtMMT Vtrnls to nmon S'nore P Kelang L.Havre H'burj Bremen R'dam A'werp IB Hm Ita llaa* IJm IIJM 12Jm I to IOMUM na «—»J fiON nmon to var bast *L Havre P. Kelang IX wrrwtt* k S«w MOCATBR J® ORIENTAL CRILF IE SHai 24 Maf
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      1000 16 siCHigzm j "VISNVA OINOO" "VISNVA SANDESH" HOMEWARD "VISHVA CHETANA" Bris, SyO, Melb, AMI Bris, Syd, Melb. Mel LOAOINOFM Madras, Bombay t/11 Mil 11/11 I 31 May 1/ 1 MM 4/ S I Singapore P. Kelang Ni a/ii M»r ii/i» i NEW ZEALAND SERVICE LM««C Mr: AUCKLAND. WELLINGTON. LYTTLETON. DONEOIN. I
      1,000 words
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      959 16 NEPTUNE ORIENT LINES LTD 'FULLY CONTAINERISED SERVICES: re nmrc cvu hut heptrre narli CHEVALIER RtZE HERCATM MIEHTAL CHIEF I SEVEN SEAS MIKE MIERTAL RESEARCHER S pore P. Kelang Shampton H'btirg il Hay II May 41m Itat 23 Hay 23 May "Mm 2km ihm 2IIMB MMm IMm IMm Hlm MMm I
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      635 16 MM MALAYSIAN INtfRNATtOHAL SHIPPING CORPORATION BEKHAD TEL KL aim EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANOINAVIA FaaVar T. Kiiaaf Vattat FIUHKI NIUMU ELEAMIA 11/ I lILFT FUKItCI Ml I SI LAMIA FIMCttCi 1/ Ml MM Sport 1) MMilto 2 Mas S Mtarf 4) Gftarf n/» i/i ii/ii vi w/a «/i m/i
      635 words
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      745 16 f INTRASEA (PTE) LTD. i < t INKKKKKT SOM/FIU CMUINB SOnCf T» S'aan P. Uia*( a Mr MUVtIH MMf KM| II M* STM/raM/KMa/ h May a H*r rMntni/Aiw. mm (/l Mr wr MiIMMm. UtIS ATMHIC m.v. tnmia Mr. I* r*A Mr Mjv rntumntm. mtuui ffTt) iTi.-aani-M ru mmpim i tbibim
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