The Business Times, 15 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 IS, 1978 50 CENTS
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  • BRIEFLY...
    • Article
      SIA is tops
      72 1 SINGAPORE Airlines has again emerged as the number one airline with travel agents In the Asian-Pacific region in a recently concluded survey by Independent Research Associates. The survey, conducted every three years, covered 21 cities and interviewed 561 top executives of travel agencies the cities were Tokyo,
      72 words
    • Article
      Lock icon Mirage overhaul
      54 1 UPI RAWALPINDI, Sun. President Fazal Elahl Chaudhry today opened a US$72 million (Ssl6B million) plant which will overhaul Mirage Jet aircraft of the Pakistani air force. The plant is located at Kamra, an aeronautical complex 64 km north of Rawalpindi. It is the first outside France to undertake
      UPI  -  54 words
    • Article
      Lock icon Same privileges
      54 1 AP BELGRADE, Sun. Starting next month, some state workers in Afghanistan will get an Increase of 40 per cent in their supplement for food and be able to buy food at lower prices In state stores and thus enjoy the same privileges as bureaucrats, a Yugoslav report from
      AP  -  54 words
    • Article
      Lock icon Peking chat
      61 1 AP TOKYO, Sun. A delegation from Indonesia's Chamber of Commerce and Industry had a friendly conversation with Chinese Vice-Premier Chen Mu-hua in Peking today, the official Hsinhua News Agency reported. The Indonesia group Is led by chamber president Suwoto Sukendar. Vice-chairman Wang Wen-lin, of the China Council for
      AP  -  61 words
    • Article
      Lock icon Opec powerless
      66 1 Reuter ALGIERS, Sun. The Organisation of Petroleum Exporting Countries (Opec) appeared powerless to halt the decline in the buying power of oil, the Algerian government news agency said today. In an authorised commentary on results of the recent Opec meeting in Taif, Saudi Arabia, the Algerle Presse Service
      Reuter  -  66 words
    • Article
      Lock icon The 'gold-ahead'
      80 1 Reuter NEW DELHI Sun. Commerce Minister Mohan Dharia has announced that the Indian government proposes to allow the Import of gold on a major scale for the manufacture of gold Jewellery for export. Mr Dharia told a meeting of the Indian Diamond Institute in the western Indian city
      Reuter  -  80 words
    • Article
      Lock icon Pledge to banks
      77 1 Reuter NEW DELHI, Sun. Finance Minister H.M. Patel told Parliament the government would not Prevent foreign banks from opening new ranches as long as nationalised Indian banks expanded their operations abroad. Hie ruled out nationalisation of foreign banks and said there was no evidence to show foreign
      Reuter  -  77 words
    • Article
      Largest covered storage
      28 1 THE PORT of Singapore Authority said that by 1981 the Pasir Panjang Wharves would have a huge covered storage space, the largest in Southeast Asia.
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    • Article
      Narita ads
      44 1 TOKYO, Sun. The government took half-page advertisements in major newspapers tomorrow vowing to maintain security at the controversial new Tokyo international airport at Narita, 65 km north-east of Tokyo. It Is scheduled to open on Saturday, seven years behind its original schedule.
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    • Article
      Lock icon Curbs favoured
      87 1 Reuter TOKYO, Sun. A large number of people In Europe would like curbs on imports from Japan, according to a Japanese government sponsored public opinion poll released here today. One thousand people were Interviewed each In the five West European nations. The poll snowea 43 per cent of
      Reuter  -  87 words
  • Article
    TOP TEN STOCKS
    113 1 THE following list of stocks gives the 10 most traded in on the Stock Exchange of Singapore last week. It gives the turnover in thousands of units. closin* prices on Friday and the high and low for 1977/78. Company Turnover Price# High Low *000 May 12 1*78
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  • LOCAL STOCK INDICES
    • Article
      SINGAPORE
      74 1 May 8 May 9 May 10 May li May 12 tt BT Index: 986.51 987.06 1028.67 1058.40 1073.93 Industrials: 304 86 306.03 306.83 307.26 306.73 Finance: 494.20 510.42 511.57 512.53 515.30 Hotels: 197.58 198.40 199.22 200.79 201.89 Properties: 182.43 182.39 185.00 185.23 186.66 t Tins: 140.06 140.79 144.40 145.57
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    • Article
      MALAYSIA
      84 1 May8 May May 10 May 11 May 12 tt t t BT Index: Industrials: Finance: Hotels: Properties: Tins: 9 rubbers: 1411.73 340.54 425.55 190.50 185.06 159.54 532.38 1411.35 1444.15 1492.43 342.74 344.34 340.50 424.82 428.81 429.43 190.84 197.42 197.42 184.30 188.81 188.70 180.00 162.10 103.02 532.92 532 85 533.94
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  • Article
    Big domicile test for Malaysia
    881 1  -  FLOTATION OF HPB STOCK By Gerald Colverd THE first major test for the pace at which Malaysianlsatlon of foreign Investments will proceed could emerge from the decision by plantations group. Harrisons and Crosfield H and C), to make a £124 million share exchange bid for
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  • Article
    Sugar fund at all costs
    265 1 PRODUCING nations in the International Sugar Organisation are poised to establish a world sugar reserve fund on July 1 with or without Russian and American participation. Latin American diplomatic sources, reporting the determination of producers to go ahead with the fund, said In London that
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  • Article
    US the biggest investor in oil production
    451 1  -  SOH TIANG KENG THE UNITED States is the world's largest investor in oil production, contributing U5513.46 billion in 1976 (i.e. over Ss3l billion) or 52.2 per cent of the world's expenditure of $25.78 billion. Next comes West Europe with $4.25 billion (16.5 per
    451 words
  • Article
    FUN WITH COMPUTERS
    310 1  -  BY TSANG SAU YIN SINGAPORE now has Its first computer centre set up for the hobby or nonbusiness market. Mr. Lee Miles, managing director and founder of The Computer Centre, Is Importing and selling microprocessors from two American computer companies, Apple Computer Incorporated and Southwest Technical Products
    310 words
  • Article
    Scheme to stabilise rubber price is in sight
    232 1 AN international rubber price stabilisation scheme, maintained by a buffer stock, may come into effect by the end of this year. This optimistic view was aired by Dr Sumardi Reksoputranto, secretary general of the Association of Natural Rubber Producing Countries (ANRPC), when
    232 words
  • Article
    GE pushes medical equipment in region
    550 1  -  By CHAN BONG SOO GENERAL Electric (OE) of America Is about to launch an Intensive sales drive In the Asia-Pacific regions, pushing some of Its most expensive and sophisticated medical equipment here. Singapore and the region's increasing reserve of high-level surgical and medical skills
    550 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      33 1 Save with RICOH Call *****33 for the world's largest selling copier. Tfi?\l nn Privale Limited 39 Floor. Hong Leong Buitd'ng, J J Singapore 1. Telephone *****33 IBM Cabi«: WVMIC T«4«x WVLO RS *****
      33 words
    • Advertisement
      Page 1 Advertisements Column 2
      90 1 Trust Sony for your video Wi,h customary vision AXwvUl9 and foresight Sony pioneered video equipment. Today, Sony is one of the world's foremost manufacturersof integrated video equipment. Research and experiments are continuously carried out to bring you the most advanced and sophisticated video components. DXC-1200P (Colour video camera) Ideal tor
      90 words
    • Advertisement
      Page 1 Advertisements Column 3
      72 1 [HMDS SHIPPING TIMES FOREIGN feature* 2 MARKET hetdinx for Mffc* China containerises 5 pound 10 ART of violin* 6 TIMING your investment deciILSA Sharp review Star Wars I sion 10 BOOKreviews 7 THE SICC Qualifier* 11 INVEBTORB hmmf am to their MELWANI is coin* plaeee 12 ock 8 TIMBER exports
      72 words
    • Advertisement
      Page 1 Advertisements Column 4
      163 1 Cool healthy pollution-free driving with JmAßuenu L COOLyMASTER CAR AIR CONDITIONER -i- j. MOTORS (PfWWI) UMTEO 5-11 GOLDHILL PLAZA SINGAPORE 11 TEL *****2 240. LAVENDER STREET SINGAPORE 12 TEL *****00 *****29 JAL FLIGHT 712 THE TOKYO EXPRESS Non-stop toTbkyo, same-day connections to the US. Canada. Wjgi i s J Mam
      163 words
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  • Article, Illustration
    No effective remedy for that shiny pate
    1983 2 PREVENTION IS BETTER THAN CURE BALDNESS undoubtedly contributed to the success of actors Yul Brynner and Telly Savalas and the high fashion model Pat Evans. But somehow the glamour of their gleaming pate's never caught on with the average man or woman. While
    1,983 words
  • Article
    Lock icon ONCE UPON A TIME THERE WAS A MAGIC ROCK...
    950 2 Borneo Bulletin A VISITOR arriving at Rumah Empltu. on the Pulang River near where it joins the main Balleh River, Sarawak, ascends a wellconstructed wooden staircase from the boat landing. At the top, his attention Is sure to be arrested by
    Borneo Bulletin  -  950 words
  • Article
    MEMO PAD
    229 2 DATE TITLE VENUE ORGANISER COURSES AND TALKS May 8- Aust. Insurance Institute Aug 17 Assoclateshlp Course SITC SITC May 15-Compensatlon Employee June 5 Benefits Hilton POD May 16 Public Relations (every Tuesday) Merlin SAMTAS May Managing a Sales 16-18 Force Hilton Consulasla May Cost Control for 18-19 Managers
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  • Article
    Lock icon Freelancing in Oman
    659 2 FT BRITAIN has been associated with Oman, a little known country on the Gulf, since Napoleonic times. But until comparatively recently, the entire British population of the country of 700,000 people could have been, and often were assembled on the small terrace of the British Embassy In
    FT  -  659 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      57 2 PHYSICAL COMMODITIES TRADER (EXPATRIATE) Offices around the world including Hongkong large turnover in bulk agricultural commodities ferrous nonferrous metals chemicals fertilisers etc. using own controlled shipping Seeking young energetic expatriate physicals trader with experience knowledge of consumers in Seasian region generous salary and fringe benefit Please apply with full curriculum
      57 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      662 2 TWO-IN-ONE CROSSWORD CYPTIC PUZZLE 3 Mostly female animals (5) 8 Wine you may have In wet weather (5) 0 For a girl to start talking Is essential (5) 1 Boorish cry? (3) 2 Smith's vain system for the novice (5) 3 Like relatloils in Australia (7) 5 Soon turns east
      662 words
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  • OVERSEAS
    • Article
      Lock icon NY is again teetering on the brink
      251 3 AP FOR the second time In three years, the US Congress Is being asked to aid New York City and Its eight million people. The nation's largest city again says It may go bankrupt. President Carter's administration says the city's Insolvency would be
      AP  -  251 words
    • Article
      Lock icon BAN ON SWISS SECURITIES ADJUSTED
      136 3 Reuter THE Swiss National Bank has decided on three technical adjustments of the ban on sales of Swiss securities to foreigners. One adjustment Is that the right of non-residents to exchange bonds and notes falling due for new securities of the same kind and the
      Reuter  -  136 words
    • Article
      Disorder in Eurobond distribution mounts
      970 3 INCREASING disorder in primary Eurobond distribution could limit investment interest in the Eurobond market. Chairman of the Association of International Bond Dealers Stanilas Yassukovitch said at the annual general meeting in Zurich, changes in the market have made the traditional commission structure redundant; but the
      970 words
    • Article
      Lock icon US steel price move ruffles Community
      690 3 Agencies THE European Economic Community (EEC) Is disturbed by US authorities' decision to raise reference prices for steel Imports by 5.5 to 14.5 per cent as of next July 1. EEC sources said the US seemed not to have taken the destination of steel
      Agencies  -  690 words
    • WORLD IN BRIEF
      • Article
        Lock icon PROMISING TIN FINDS
        607 3 Agencies PROMISING tin deposits have been dlscovereed In eastern Bolivia bv a team of Bolivian and British geologists. Sources close to the Bolivian Geological Service said in La Paz the team has marked out an area of 7,000 sq.km. in the Huanchaca Mountains of the province of
        Agencies  -  607 words
    • Article
      Lock icon Synthetic fuels will have easier flow
      275 3 Washington Star Reuter FROM JULY 1, synthetic liquid fuels made in the United States will be allowed to complete freely with imported crude oil, said the US Department of Energy. The rule will allow refiners that use domes-tically-produced petroleum substitutes derived from blomass, coal,
      Washington Star; Reuter  -  275 words
    • Article
      Lock icon Positive signs in Italian economy says IMF director
      317 3 Reuter IMF European director, Alan Whittome, told union leaden there are positive sign* in the Italian economy but warned of dangers that must be avoided. Mr. Whittome, in Rome for talks with ministers, bank chiefs and union leaders, refused to elaborate saying
      Reuter  -  317 words
    • Article
      Lock icon Looking to Japan for colour TV
      109 3 AFP THE SOVIET Union will likely conclude a contract with a group of five Japanese firms for Importing plant equipment for producing the glass portion of colour picture tubes, a Tokyo business dally has reported. The Nlkan Kogyo said the deal will be Japan's
      AFP  -  109 words
    • Article
      Lock icon Bank of England's new short tap
      462 3 Reuter THE Bank of England has announced Issue for cash of a further tranche of 1800 million 9'/« per cent exchequer stock 1982 at 94.75 per cent, payable in full on application. The stock is in addition to the I'Boo million (553.4 billion) of
      Reuter  -  462 words
    • Article
      Lock icon UK urged to stick to textile rules
      179 3 Reuter THE UK government should reject any move by the EEC to alter textile Import arrangements, said the president of the British Textile Confederation, Brian Smith. The confederation is worried about reports the EEC Commission would go Dack on its earlier pledges and
      Reuter  -  179 words
    • Article
      Lock icon NatWest makes its presence felt in America
      830 3 NYT THE National Westminster Bank, the second-largest commercial bank In Britain, announced plans on Friday to acquire a major stake In the New York banking market with the purchase of a controlling Interest In the National Bank of North America. The British Institution
      NYT  -  830 words
    • Article
      Lock icon BUNDESBANK CHIEF BULLISH ON GROWTH
      516 3 Reuter BUNDESBANK president Otmar Emmlnger said after a sluggish start, the West German economy should be expanding at an annual rate of at least 4 per cent by the second half. He told a press briefing after addressing the business council in Virginia this rate
      Reuter  -  516 words
    • Article
      Britain's retail index expected to spurt
      342 3 BRITAIN'S Retail prices Index was expected to rise twice as fast last month as in any of the previous nine months, authoritative sources said. Despite promises of a spectacular improvement from Prices Secretary Roy Hattersley which should bring the April year-on-year increase from 9.1
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      156 3 JK X..-/ 3^ y r i tr* C y KJ» 1" M *r. E Y's* *>■! *"1. t If you enjoy good PAQ tf*Al IDiiL I C! food, you'll I 9 find the Equatorial a gourmet's paradise. Our delightful Swiss, Chinese and Japanese restaurants are so renowned, even guests from
      156 words
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  • RAW MATERIALS
    • Article
      FOREIGN RUBBER
      340 4 TERMINAL rubber in London on Friday closed at or just under the day's highs with gains of 0.90 to 0.70 pence per kilo. Turnover totalled 295 lots of 15 tonnes including nin» kerbs and six call options, plus 33 lots of five tonnes. Dealer sources said the afternoon
      340 words
    • Article
      Straits tin
      233 4 THE STRAITS tin price In Penang on Saturday eased Msl to 51,637 per picul, on an official offering down 94 tonnes to 186 tonnes. In LONDON on Friday, tin on the day was down £122 for cash and £70 for Three Months standard while High Grade lost £122
      233 words
    • Article
      Silver
      209 4 SILVER on the London Metal Exchange on Friday lost 1.7 to 2.1 pence per troy ounce. Values gave further ground after lunch reflecting the easier trend in gold and the downturn in US futures. Three Months traded down to 284.5 pence prior to steadying on short-cover-ing. The morning market
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    • Article
      Coffee
      353 4 ROBUSTA futures In London on Friday closed very steady, unchanged to L' 24 per tonne up from Thursday night after opening t's lower to ClO higher. Turnover was 1,958 lots including 36 options. Dealer weekend covering and possibly some price fixing operations contributed to the late recovery after a
      353 words
    • Article
      Sugar
      189 4 SUGAR futures closed £1.65 to £0.70 down in a turnover of 2,573 lots Including 26 options in London on Friday. The afternoon market initially continued the easier morning trend but soon met short-covering resistance which held prices steady at the lower levels. Morning values had eased under trade and
      189 words
    • Article
      Cocoa
      165 4 TERMINAL cocoa in London on Friday closed losses of £3 to 114.50 per tonne after having fluctuated modestly for much of the day. Turnover totalled 3,035 lots including 683 lots self traded and nine options. Dealer sources said Spot May came under light selling pressure in the afternoon from
      165 words
    • Article
      Wheat
      81 4 WHEAT futures closed at the day's highs with gains of 4*4 to 2'4 US cents a bushel, in Chicago on Friday. Prices fluctuated narrowly to either side of Thursday's close in light early trading, deriving some support from exporter stopping of deliveries and light farmer selling. Price trends in
      81 words
    • Article
      Gold
      646 4 GOLD traded on a defensive tone at the beginning of last week with Zurich closing on the day's lows of U*****.75/172.50 on Monday. However, with good demand showing up at these levels the market gained strength again in the following days, closing <1 up on Tuesday and another $1
      646 words
    • Article
      Copper
      244 4 COPPER wirebars on Friday lost t'o.s for cash and £1 for Three Months in London. The afternoon market ruled steady in line wifh US futures although trading was slow. Dealings were featured by carries. The early morning premarket was steady on shortcovering prompted by expectations of a moderate decline
      244 words
    • Article
      Soybean
      168 4 CHICAGO soybean futures pushed upwards as the trading volume increased late In the session and closed around the day's highs with gains of 12 to 2K US cents a bushel on Friday. August posted the best gain with the aid buying by a professional house and a commission house.
      168 words
    • Article
      Rice
      196 4 BANGKOK rice prices were Suoted as follows on Saturay: (US dollars per tonne f.o.b. Bangkok) White Rice: 100 pet Ist Class 442.100 pet 2nd class 427,100 pet 3rd class 422. 5 pet 413. 10 pet 400. 15 pet 302. 20 pet 387. 25 pet 377 35 pet unq Broken:
      196 words
    • Article
      Lead
      120 4 LEAD on the day was up i £5.75 for cash and £4.75 for i Three Months In London on i Friday. I The afternoon market < traded around the day's highs on light end-week i covering up to £303 per I tonne for Three Months. i The early morning
      120 words
    • Article
      Zinc
      82 4 ZINC on the dav rose by £0.5 for cash and fell by £0.5 for Three Months In London on Friday. A modest two-way trade developed during the afternoon around end-morning levels. The morning market was steady In Une with copper and following reports that Taiwan had booked 26,600 tonnes
      82 words
    • Article
      Palm oil
      75 4 C I r North luropM porta, in US dotlm par ton unl aa oUwrwiaa LONDON: Tr*mj n Malty** 9% fte bulk par tonna July MS all MO air Sumatra Ml ffa bulk MM unch •Mtfr June S2J tlr •17.M air July w* MT.M Mr Aufoat September 577 50
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    • Article
      Another dull week at the produce market
      505 4 IT WAS another long dull week on the Singapore produce market last week. Very light trading prevailed In most of the commodities. Coffee, copra and coconut oil held their own while pepper was traded lower before it recovered late In the week on
      505 words
    • Article
      Produce exchange
      288 4 CHINESE Produce Exchange, Singapore noon closing prices per plcul on Saturday: Coconut Oil: Bulk $82 sellers, old sellers new drum <92 Copra: Mixed (looae) UK/Con I $57 buyers. Pepper: Muntok ASTA white l ob 100H NLW $387 50 sellers. Sarawak white f ob 90S NLW $367.50 seller*. Sarawak
      288 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        225 4 THE US dollar opened with a firm trend at the 2.3250/ 60 level last week on the Singapore forex market following the announcement that US April unemployment fell to 6 per cent from 6.2 per cent in March. Remarks by Saudi Oil Minister Ahmed Zaki Yamani that world
        225 words
      • Article
        Asian $ rates
        283 4 Asian rates TRADING was moderate with firming tendency towards the end of the week ended May 12. News of the Federal Reserve raising the discount rate by 0.25 per cent to 7 per cent and US money supply Increase of US$4 billion in the M-l and $4.2 billion In the
        283 words
      • Article
        Discount market
        391 4 STEADY mdrket conditions dominated the greater part of last week which closed easier. While three-month interbank term deposit rates held firm at 4 15/16 to 4 13/16 per cent, overnight funds were traded between the range of 4 to 3 1/2 per cent. Other than one or two
        391 words
      • Article
        Lock icon Money market
        78 4 Source: Astley Pearce THE INTERBANK overnight money market was steady throughout the week ended May 12 with most business done at the 4% to 3% per cent level. The market, however, eased off to close at 3tt to 3 per cent at the end of the week. Terms
        Source: Astley & Pearce  -  78 words
      • Article
        MLR
        21 4 THE average rale al which Singapore banks are currently prepared to lend to their best customers is 7 per cent.
        21 words
      • Article
        Short term money
        47 4 FOR the week ended Friday May 12, the range of call rates received from Short Deposits (M) Berhad was as follows:BANK FUND: 3 per cent to 6*4 per cent. GENERAL FUND: 3 per cent to 6 per cent. Movements of fund totalled $466 million.
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      • Article
        Zurich
        453 4 MAINLY because of the relatively high interest rate level, the US dollar recovered further last week. On Thursday, the Federal Reserve Board lifted the discount rate from 6 1/2 per cent to 7 per cent, to adjust it to the more restrictive line in monetary policy evident since late
        453 words
      • Article
        London
        211 4 IN SOMEWHAT thin preweekend trading, the dollar held on to and, in most cases, extended early gains against major currencies on Friday. It finished at 2.1085/1100 marks, up from Thursday's 2.0988/96 and advanced to a closing of 1.9850/70 Swiss francs from 1.9720/40 overnight, dealers said. Thursday's increase in the
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      • Article
        New York
        218 4 BOOSTED by President Carter's acceptance of a reduction In his tax cut proposal, the dollar closed quite firm against major currencies on Friday. The news helped the dollar to close at Its best levels of the day, although it had been firming steadily throughout the session, dealers said.
        218 words
      • Article
        Euro $ rates
        137 4 Euro rates LONDON Eurodollar deposit rates closed very steady on Friday, around opening higher levels after a relatively quiet session. Dealers said firmness in rates reflected the money supply Increase and the rise In the US discount rate to 7 per cent from 6 V». Dealers noted covering operations In
        137 words
      • Article
        Frankfurt
        44 4 FRANKFURT exchanges closing quotes on May 12: US 2.1080/96 Can 1.8800/10 8t« 3 835/845 D Ft 93.40/56 S Ft 108 SO/66 Lit 2.418/429 T rt 45 25/36 Ten 0 9350/60 B Ft (con) 6.40/41 B rr (fin) 6 38/40 N Kr 38 60/70
        44 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      142 4 Don't let the language barrier stop you from wider contacts ipX I I ,*2> <?S<>. r <v •£*SSJ* S4f«Cf| I YOU SIMPLY CANNOT FAIL WITH VISAPHONE. Use it at home, while travelling in fact anywhere and any time that suits you. Possessing a second or third language is not only
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  • TRANSPORT
    • Article
      China heading towards age of containerisation
      899 5  -  By CHAN BONG SOO CHINA is going Into containerisation. In the past, talk about China heading in this direction has been summarily dismissed as nothing more than talk. But this time, it seems to be true. In the latest Issue of "Seatrade", the monthly
      899 words
    • Article
      Speeding up projects
      64 5 THE SECOND annual meeting of the Federation or Asean Shippers' Councils (FASC) in Manila this week will discuss how to accelerate cooperation on common projects of Asea.n. Officials said the four- day meeting will start on Wednesday. Executive secretary BP. Maramis, head of the United Nations Economic
      64 words
    • Article, Illustration
      New radar systems for all vessels
      358 5 REMARKABLE technological developments have been made since the marine radar was developed half a century ago. Recently, two Japanese companies, Koden Electronics and Tokyo Keikl developed new radar systems for small and large vessels respectively. For navigation safety, ocean-going vessels are required to install
      358 words
    • Article, Illustration
      SHIPS IN PORT
      57 5 EXPECTED ARRIVALS TODAY JURONG PORT Poseyoon B/l Golden Beau B/4 Kota Slngapura B/9 Sunlight I Barge B/10 CONTAINER WHARVES Eleanora 51N Anna Maersk 50 Hongkong Container 49 EXPECTED SAILINGS TODAY JURONG PORT Padtonge B/5 Dahlia B/8 Sunglight I Barge B/10 CONTAINER WHARVES Eleanora 51N Hongkong Container 49
      57 words
    • Article
      Thailand accuses FEFC of delaying tactics
      205 5 THAILAND'S Board of Trade haa accused the Far Eastern Freight Conference (FEFC) of uaing delaying tactics in considering the application for membership or the United Thai Shipping Corporation (Unithai). The president of the board, Ob Vasor a tana said the FEFC had also unfairly
      205 words
    • Article
      Marseilles at a standstill
      63 5 WORK at the Port of Marseilles was at a standstill last Friday as workers struck for 24 hours in support of 825 workers Issued with redundancy notices by the Ste Provencale Des Ateliers Terrin Ship Repair Company, sources at the Confederation Generate De Travail (CGT) union
      63 words
    • Article
      Lock icon Soviet fleet raises freight turnover
      474 5 APN LAST YEAR, the Soviet ocean-going fleet increased Its carryings by 8 per cent as compared with the preceding year. By the end of the current five-year period the growth In freight turnover wfll total 30 per cent, according to Soviet Deputy Minister of the
      APN  -  474 words
    • Article
      LONDON FREIGHT
      128 5 THE RIVER Plate featured prominently In a revived time charter market last Friday as several charterers moved In to take grain loaders from severely congested South American ports. Unlmarlne booked a 27,439 dwt loader for a trip to the Muscat-Singapore range after delivery west Africa in a prompt
      128 words
    • Article
      Lock icon Elevators face longer waits at Portland
      574 5 Reuter PACIFIC north-west grain elevators still face longer than normal shipping delays with an estimated 20 vessels now in the Columbia River district loading or waiting to load. Delays for ships waiting to load at the seven export elevators there, most of which are
      Reuter  -  574 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      637 5 ARRIVALS Service LooaJ Operator Number Time From MAS MH605 1045 KUL OIA OA 944 1055 PKU OIA OA 908 1100 MES OIA OA893 1110 AM8/FRA/BOM PAL PR501 1125 MNL RBA BI325 1155 BWN OIA GA982 1200 HLP SIA SQ240 1210 MES SIA SQ201 1245 HLP MAS MH084
      637 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      44 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****5 CITY TEL *****55 Call us for your local or onward reservations international Exh»on of ationalßuMe-s&Modern^ l 7; Equipment Lb Dec 1979 OffshordAsean Equ,pmen ,aeotrical& Electronic w w -E3^gs" won r^onCMoaem Organized by INT M.BHD. Kuala Lumpur L C»AOMB/tN
      44 words
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  • REVIEWS
    • Article, Illustration
      Violin- making isn't that simple
      1260 6  -  By PATRICIA GOH THE LONDON College of Furniture is situated in Jack the Ripper country. Two streets away was the scene of a famous Cockneygangster killing. Even more peculiar is the fact that one can learn to make violins at a college of furniture. Perhaps
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    • Article, Illustration
      ENTERTAINING MADRIGALS
      372 6  -  By FONG MEW LENG THE SINGAPORE University Madrigal Singers (SUMS) gave a delightful and entertaining performance at the DBS Auditorium last Friday. The group, under conductor Susan Ashton, performed a variety of pieces ranging from secular compositions as "Singet dem Herrn" by the late 17th century composer Johann
      372 words
    • Article, Illustration
      STAR WARS IS CUTE AND COMICAL
      533 6  -  By ILSA SHARP NOT ONCE in all those reviews I have read of "Stars Wars" have I seen the word "cute" used. Yet It was the word which most frequently sprang to my mind last week when I saw the film, showing at Cathay
      533 words
    • Article
      Those Chinese societies in old Singapore
      807 7 Chinese Society in Nineteenth Century Singapore Lee Poh Ping Oxford University Press, 1978, $28 Reviewed by Tan Siok Choo SINGAPORE in the latter part of the 19th century was plagued by "chronic Instability" which various writers have attribute# either to the religious and regional
      807 words
    • Article, Illustration
      Lock icon VANISHING SNAILS A GOURMET'S LOSS
      701 7  -  By RAFAELA SEPPALA UPI WHAT is small and slimy and has French economists gourmets worried sick? .Snails and the lack of them. French production has inched downward for years and is almost nil. Now experts hope to get snails to -speed up their breeding 'rTlabits.
      UPI  -  701 words
    • Article
      TALES OF A DYING MAN
      541 7 The Wandering Thoughts of a Dying Man the life and times of Haji Abdul Majid bin Zainuddin William R. Roff( Editor) Oxford University Press Malaysia 1978, MI3O Reviewed by Tan Siok Choo THE TITLE of this autobiography was chosen by HajJ, Abdul Majid himself, after
      541 words
    • Article, Illustration
      Fantastic array of picture books
      1183 7 Album Cover Album the book of record jackets Hipgnosis and Roger Dean (Editors). 1977, $29 Eschatus Bruce Pennington, 1976, $26 Mythopoeikon Patrick Woodroffe, 1976, $24 All Dragon's World Books Distributor in Singapore, Apa Productions Reviewed by Ilsa £harp THESE are "picture books", notable for fine
      1,183 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      581 6 m sinGapura FORUM at HOTEL >4> US Orchard Road, S'pore 1 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 Daily (except Sunday) open till
      581 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      636 6 LECTURE: DR. OHULAM SARWAR will give an illustrated talk on Traditional Asian Performing Arts on Thursday, May 18, at Bpm In the theatrette, at the National Museum all are welcome, free of charge. Dr. Ohulam is a lecturer at the Unlversltl Sains Malaysia, Penang, and a specialist In drama, as
      636 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      268 6 TV&vRADIO SINGAPORE 5 3.00 PM Opening announcements followed by Siruvar Ulagam (Tamil-Repeat)" 3.30 Diary Of Events (Tamil) 0 3.35 Afternoon Matinee Claudia And David (Pt. 1) Starring: Dorothy McGuire, Robert Young, Mary Astor, John Sutton, Rose Hobart 4.20 Intermission 6.05 Opening announcements followed by Harold Lloyd's World Of Comedy 6.30
      268 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      291 7 21 Lunch TODAY «OKOH Enchanted evenings in fine European tradition. Mirabelle A/ jr% »J5Mi •N. 9 3 branches for your convenience: SINGAPORE OKOH Supreme House, Penang Road. Tel: *****1 OKOH OF GIN2A Hong Leong Bldg., Raffles Quay. Tel: *****81 KATSURA Orchid Inn, Dunearn Rd Tel: *****2 Prince Wellington. Noisette de
      291 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      53 7 BriStoW F^nklXctens SiR rnfvy Pi (FtJEL «^fe DO N(OU NOT THIKK IT UOOLD efc. fbuTC TO (&[**€> o*£SliEJ2SfbPTS P*ND SOCIFM. CU>B D>NN£.£ L P»NO ®m IT UXXJLO TfMCg. P\ COUPLE OF m»JUIfcS OF WCUR Tirvve ,6UT AS f\n execose IM P\JBUC OE-LBTIOKS |T UJOOUD at lt*VßUJft6i£ ppcr oi "Tne &ack
      53 words
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  • MARKET REVIEWS
    • Article
      Investors keep profit-taking well in check
      1061 8  -  SINGAPORE ■r PETER CHIA BULLISH interest was well spread across the board last week on the Singapore stock market, as speculation switched from the finance counters to second section Industrials and fTnally to the "hotel and commodity sectors. Profit-taking was well absorbed. Investors were
      1,061 words
    • Article
      Lock icon Strong boost for market
      384 8 SYDNEY Reuter AN easing of official longterm bond interest rates early in the week gave the Sydney share market a strong boost which began with the industrials and was rounded off by the leading miners. The All-ordinaries rose to a new peak three times and finished
      Reuter  -  384 words
    • Article
      Company News for the week ended May 12
      521 8 SCRIP ISSUE Boustead Holdings: Proposed bonus issue of one-for-ten, capitalising $2.10 million. OTHERS City Development* has disclosed that Its wholly-owned subsidiary, Ouan Realty (pte) Ltd., has arranged for a 17.5 million two-year term loan and overdraft facilities with Its principal banker. It
      521 words
    • Article
      Feverish pace of activity
      794 8 KUALA LUMPUR NEARLY 39 million units of shares changed hands on the Kuala Lumpur Stock Exchange this week, setting a pace of activity not seen since the 1972 boom period. The focus was on volatile lower-liners which attracted strong speculative interest. But the heavyweights though some
      794 words
    • Article
      Lock icon TOKYO ... Dow takes a fall
      327 8 TOKYO Dow takes a fall AFP PRICES on the Tokyo stock market finished the week on bullish note but the Dow Jones average suffered the first weekly loss in- five Analysts said that the market still remained in the process of absorbing profittaking pressures as investors generally remained on the
      AFP  -  327 words
    • Article
      Lock icon Forging ahead in the face of bad news
      913 8 NEW YORK NYT STOCK prices surged higher late last week amid tidings that, In years past, would have been bad news for Wall Street. On Thursday, for example, the Federal Reserve raised Its discount rate to 7 Eer cent from 9Vi per
      NYT  -  913 words
    • Article
      Tactics with the tap
      1107 8  -  LONDON By GERALD COLVERD WHERE there's a Up there's a tap, say the wiseacres of London stock markets. When the Oovernment Broker acts with a tap stock In the gilt-edged market there Is, Invariably, a tip. Last Friday's announcement of a new short dated tap stock
      1,107 words
    • Article
      HONGKONG ... a discouraging week
      597 8 HONGKONG a discouraging week ANOTHER discouraging week for brokers saw Investors adopting a cautious wait-and-see attitude evidenced toy a 31 per cent drop In total turnover from HKS23B million to HK8164 million. During the week, the Index lost seven points to close at 450.42, but analysts felt the drop was
      597 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      151 8 Study Accountancy with the Specialists Study with Foulks Lynch J i ()\i)(>\ Sincc I SS4 I oulks I rich ha\c specialised in Minion is from all round I lie world lot the \aiiou> \ccountanc\ examinations and o\ci i licse cars ha\ c achicx cd 149,000 SUCCESSES 406 FIRST PLACES 376
      151 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      BICC defends current rate of spending
      437 9 EUROPEAN CLEARLY BICC is not reinvesting in property, plant and equipment to the extent suggested by the level of Its inflation adjusted depreciation charge. Even so, the directors consider the company's current rate* of spending to be realistic in the light of current world-wide
      437 words
    • Article
      P & O PROFITS TO FALL
      91 9 P O PROFITS TO FALL LONDON: Peninsular and Oriental Steam Navigation Co Ltd expects pre-tax profits In 1978 to be down on those achieved In 1977, managing director A.B. Marshall said. However, Mr. Marshall declined to estimate the extent of the fall. In 1977, P and O increased profit before
      91 words
    • Article
      Lock icon Majority stake for Swiss
      92 9 Reuter SWISS Bank Corp will take a majority stake In the Geneva-based private bank Ferrler Lullln et Cle, a bank spokesman said. The spokesman declined to give details of the stake which Is part of a cooperation agreement reached between the two banks that will become
      Reuter  -  92 words
    • Article
      Lock icon McNeil order
      64 9 AFP THE MCNEIL group, of Britain, has received a £25 million order from Libya to build 700 houses at a new urban centre, it was learned In London this week. McNeil said that the dwellings would be made from prefabricated concrete components. The contract was placed by a
      AFP  -  64 words
    • Article
      Share offer
      24 9 NEDERLANDSCHE Mlddenstansbank NV said It plans to offer existing shareholders one new 50 guilder nominal ordinary share for every 10 already held.
      24 words
    • Article
      Lock icon Thomson set for year of growth
      160 9 Reuter LONDON: Thomson Organisation chief executive G. Brunto said he expect* further significant growth in the company's earnings in 1978. In 1977, the company made a pretax profit of£ll( million on turnover of 332.7 million. He said in the annual report, Thomson Regional Newspapers,
      Reuter  -  160 words
    • Article
      Lock icon Net profits plunge at AEG-Telefunken
      134 9 Reuter A EG TELEFUNKEN has announced that Its domestic group 1977 net profit was 7.7 million marks (previous figure: 396.6 million). Domestic group balance sheet loss 36.4 million marks (27 million loss) after net profits used to reduce 28.1 million marks carried forward loss, while
      Reuter  -  134 words
    • Article
      Lock icon Boussac dismissals
      62 9 Reuter PARIS: The management of the Boussac textile group announced the dismissal or early retirement of 364 of the 1,600 workers at Its subsidiary, Ste Industrlelle de Senones. One of the company's factories, at Rambervlllers in the Vosges, will be closed down entirely. The group's management will meet
      Reuter  -  62 words
    • Article
      Lock icon First Chicago loans increase
      128 9 Reuter FIRST Chicago Corp said Its loans at March 31 were U5512.69 billion, up 7.9 per cent from 911.76 billion a year earlier but down from $12.76 billion at year-end. The decline from the end of 1977 occurred In overseas loans while domestic loans Increased, primarily
      Reuter  -  128 words
    • Article
      Irving to open office
      43 9 IRVING Trust Co said it will open a representative office In Toronto on May 15. The company said Hamilton Shippee. who has been vice president and general manager of Irvtng's branch office in London, was named representative for Canada
      43 words
    • Article
      Singer
      24 9 SINGER Co said It is raising its quarterly dividend to US2O cents from 15 cents a share, payable June 15. record May 24.
      24 words
    • Article
      Chem New York raises income
      410 9 NORTH AMERICAN CHEMICAL New York Corporation, parent holding company of Chemical Bank, has announced first quarter Income before securities transactions of U5527.6 million, an Increase of 13.8 per cent from $24.3 million earned in the first quarter of 1977. Earnings per common share were $1.75
      410 words
    • Article
      Goodyear tyre sales up
      183 9 GOODYEAR Tyre and Rubber Co said tyre sales are continuing to show progressive recovery from the winter slump, a company spokesman said. Sales started to pick up In March and the Improvement continued In April. However, there Is still strong price competition and Goodyear has faced
      183 words
  • INTERNATIONAL STOCK MARKETS
    • Article
      Zurich prices up
      449 9 EUROPEAN MARKETS t d EUROPEAN bourses closed generally higher on Friday except for Frankfurt and Parts which lost some ground. In AMSTERDAM, most share prices gained, stimulated by a stronger Wall Street and a firmer dollar. Dealers said. Transports were particularly firm, led by Van Ommeren up
      449 words
    • Article
      Amsterdam
      197 9 MAY 12 Fls ABN 348 00 +0.5 Abotd 104.80 1.8 Akro 28 90 +0.1 AMEV 85 70 +0.5 Am fas 112.80 1.5 Amrot Bank 77.20 +0.3 Bergoss 56 30 +0.3 Berk 98.50 +3.5 Bols 69.10 +0.1 BorsumlJ 162.50 +2.5 Burhmann 70 00 urfCh Byenkorf 90 30 1.8 Calve Delft
      197 words
    • Article
      Frankfurt
      201 9 MAY 12 Dm Aef-Telefunken 81 20 ♦0.1 Akzo 26 80 All* Leben 618B unch All* Vers 465 unch BASF 132.70 BayHTWbank 277 Bay Vbank 287 50 -2 Bayer 137 50 -0.5 BBC 283 BMW 224 50 -0.5 Cassella 344B Chem Verw 238 80 1.8 Commerzbank 22S unch Contl Gumml
      201 words
    • Article
      Zurich
      182 9 MAY 12 Francs Actions Sulsses 268 ♦3 Alusulsse Br 1195 *40 Alusulsse Reg. 515 ♦7 Brown Bovert Br. 1680 +60 ClbaGelgy Br. 1200 +80 ClbaOelgy PC 900 +50 Clba Of lgy Reg 632 1« Credit Suisse Br 2210 +30 Credit Suisse Ref 411 -1 Elektrowatt Br. 1630B 10 George
      182 words
    • Article
      Milan
      101 9 MAY 12 Lire Ante 98 +3.25 Assoc Gen ***** 20 Bastogl 434 75 16 75 Centrale 3542 17 Flat 1946 Finslder 77 1.75 Qen Immob 73 -1.5 IF1 Prl 2160 -3 Italcementt ***** -24 Ilalgas 651 11 Italslder 150 +2 25 Magnetl M Pf 447 50 +7.5 Marelll Ere
      101 words
    • Article
      Paris
      272 9 MAY U Frs CORBEILLE Air-Uqulde BSNGervals Danone CS F (ThomsonCJf) Cie Prancal* desPetroles Compafnie Financier* Compagnle General* Credit Fonder De France Hachette (Llbralrle) 296 471 235 125 20 348 335 ***** -3 -4 -4 unch r •2 +0.5 -1.5 Machines Bull Michelln (B) Partba* Pechlney.Clglne Kuhlmann Peugeot' Philip* (NvOem
      272 words
    • Article
      Brussels
      93 9 MAY IX Frs FORWARD MARKET Acec 285 •1 Arbed 2585 95 Astur 710 +30 Brascan 403 +5 b 1815 +20 Canpac 530 +2 Cock 469 +35 Dp Beers 188 -2 Ebes 2300 +5 Electro be I 8840 +40 Gb-lnno-Bm 2085 15 Oev 1322 -2 Hobok 2250 +45 Petro 4335
      93 words
    • Article
      Shares sharply higher
      1167 9 NEW YORK HOPES of restraining US inflation and a flood of foreign money into Wall Street combined to push stock prices sharply higher in heavy trading on Friday. Analysts said investors were pleased with President Carter's decision to trim his proposed USS2S billion tax cut In an
      1,167 words
    • Article
      Toronto
      337 9 SHARE prices closed higher In active trading on Friday. The composite index was up five points and gains led losses 284 to 146. Moore Corp gained IS to 34 V», Westburne one to 24 W. MasseyFerguson to 12Vt and WalkerQooderham 'A' to 33V Dome Pete dropped IS to 05%.
      337 words
    • Article
      Selected Indices
      37 9 FINANCIAL TIMES INDUSTRIALS Friday 488 3 Thursday 479.9 Week Ago Ml .5 DOW JONES AVERAGE INDUSTRIALS Friday 840.70 Thursday 834 .*0 Week Ago 829.00 LONDON DOLLAR PREMIUM Friday 109* to 109* Thursday 109 to 109*
      37 words
    • Article
      Tokyo
      451 9 SHARE prices closed higher led by steels on Saturday. Dealers said the Dow Jones average rose 17.88 to close at 5,515.80 with volume of 180 million shares. The Tokyo Stock Exchange Index closed at 413.20, up 1.05. Nippon Steel rose two to 118 and Nippon Kokan five to 90
      451 words
    • Article
      Johannesburg
      394 9 GOLD shares recovered some of the day's losses towards the close on small UK Interest on Friday, but were lower for the day In line with bullion prices. Dealers said mining financlals were mostly mixed in slack trading. TC Lands eased 50 cents to 2300 despite increased dividend with
      394 words
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  • COMPANY NEWS
    • Article
      STOCK MARKET HEADING FOR HIGHER GROUND
      523 10  -  Market Talk... ■r PETER CHIA THE local stock market Should improve this week, according to James Cowan Associates In the latest Issue of its circular, JCA Forecast. The Straits Times Industrial index hit an alltime high since 1973 and closed at 307.26 last Thursday.
      523 words
    • Article
      A question of timing
      638 10 TIMING is by far the most Important single factor In an investment decision, according to Mr. Peter Sutherland, research director of Lyall and Evatt. Mr. Sutherland was expounding on the "Do's and Don'ts for the Equity Investor" at a talk organised by the Singapore branch of
      638 words
    • Article
      DIVIDENDS ANNOUNCED
      787 10 Current payment Ex Date Books close Date payable Total for Total for the year previous year Central Sugars Rahman Hydraulic Carlaberg Guthrie Rope! ST Steamship Bata (M) UOB Guthrie DBS Raleigh C.K. Tang Glenealy Dunlop Estate Tractor* Sel. Properties M. Cables Intraco Dunlop Industries High A Low Kulim
      787 words
    • Article
      SCRIP ISSUES
      217 10 Company Particulars Ex Date Rooks Close Negri Sembilan Oil Palms Straits Steamship Malakoff Bo us tea d Holdings United Plantations Bonus Issue of 1 for 2 Bonus Issue of l for 4 Bonus Issue of l for 3 Bonus Issue of 1 for 10 Bonus Issue of 1
      217 words
    • Article
      MBF sells San shares
      130 10 PACIFIC Development Credit said it* subsidiary Malaysia Borneo Finance Corp (MBF) hat conditionally agreed to sell 15.9 million shares of San Imperial Corp Ltd to Sui King Cheung Hing Yip Co Ltd of Hongkong for a consideration of HKS27 million. However, it said sale of the
      130 words
    • Article
      COMPANY MEETINGS
      308 10 Pegi Malaysia Bhd: EOGM to be held at Tlngkat Kedua; Blok E. Kompleks Pejabat Damansara, Damansara Heights, Kuala Lumpur, at 3.00 p.m. on May 15. Malayan Cablet Bhd: AOM to be held at 10, Jalan Tandang, Petaling Jaya, Selangor, at 2.15 p.m. on May 16. Dunlop Estate* Bhd:
      308 words
  • Article
    SHARE INFORMATION SERVICE
    2625 10 It78 High Low Conpaoy Last Sale Week +aeDtv Div Crr Y'ld 1 P/E V«l Week COM) High Lew SECTION ONE INDUSTRIALS 181 213 151 225' 81 285 183 308 422 181 132 Aetna 123* Alcom 112 Allied Choc 195* Bala 60* Ben 191 Boustead 144 Bousteadco 256
    2,625 words
  • Article
    CHICAGO BOARD OPTIONS
    1469 10 May 12 TRADING on the Chicago Board Options Excame 215,026 contracts compared with 155,008 on Thursday. OPTION JLY OCT JAN STOCK Alcoa Alcoa Alcoa 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
    1,469 words
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  • MONDAY SPORTS
    • Article, Illustration
      Lock icon The call of the greens is too strong for Billy
      615 11 UPI LOS ANGELES: Billy Casper joined the professional golf tour in 1955, won the next year and went on to become one of the tour's superstars. At 46, Casper is no "longer a superstar. He hasn't won on the U.S.
      UPI; UPI radio picture  -  615 words
    • Article, Illustration
      Lock icon Those at the bottom have not been forgotten
      500 11 UPI NEW YORK: The US Tennis Association, heavily Involved in promoting big time tennis for the stars, hasn't forgotten the players struggling at the bottom. "In fact," says Eve Kraft, co-director of the USTA's research 'centre at Princeton. New Jersey, "It's because
      UPI  -  500 words
    • Article
      Lock icon Golfers beware that putting 'yip'
      1006 11 GOLF TALK WITH PETER DOBEREINER k. A The Observer LONDON: Angel Gallardo held his putter between finger and thumb, at the very end of the grip, and raised it Into the air. He watched carefully as he slowly rotated the club, so that the blade
      The Observer  -  1,006 words
    • Article, Illustration
      BOSLEY TOPS S.I.C.C. QUALIFIERS
      669 11  -  By ERNEST FRIDA BILL BOSLEY was at his usual brilliant form yesterday when he shot a superb two-over-par 73 at the Singapore Island Country Club golf championship at Buklt Course. He topped the 36-hole qualifying round with an aggregate of 148. Dr B.K. Sen was second,
      669 words
    • Article, Illustration
      Lock icon Four accept the challenge
      342 11 UPI NEW YORK: Four countries have decided to take a shot at wresting the prestigious Americas Cup away from the United States In the 1980 sailing competition off Newport, Rhode Island, sources said last week. The New York Yacht Club, professor of sailing's top honour since
      UPI; AP radio picture  -  342 words
    • Article
      Horse racing comes of age in Japan
      407 11 TOKYO: Horce racing, once considered a social evil by the Japanese, is now enjoying an unprecedented boom. Betting figures keep setting new records, major meetings on Sundays regularly attract around 80,000 people, and the sport is luring millions of television viewers* despite competition
      407 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      110 11 ANDREA NEWMAN in Penguins ft# *45 with his mtii witnin tragedy Alexander, a lerrlooif and perverse corrupting his niece's low life. It to is compulsive reeding. Its readability has an unexpected bends, dipt and heights. Three Into Two Won't Go k Andrea Newman turns the etemel triangle on iu head.
      110 words
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  • Article
    Need to keep teenagers out of job market
    390 12  -  ■y RAHIM KASSIM AN ECONOMICALLY successful society such as Singapore should not have to see its teenagers thrown early into the employment market, said Professor Lim Chong Yah, Head of the University of Singapore's Economics Department, wWn he spoke to students of
    390 words
  • Article, Illustration
    SLUMP HITS LOCAL TIMBER EXPORTS
    414 12 THE SINGAPORE timber export Industry is currently in a slump, a result of the decline of exports to West Asia. The West Asian countries. which have hitherto been a major market, are now using the large stock of timber that they have built up over
    414 words
  • Article
    Melwani diversifies into travel industry
    344 12  -  By TSANG SAU YIN M.B. MELWANI, the wellknown local company running a men's wear retail chain, has diversified into the travel industry with the recent acquisition of a travel agency. Scenic Travels. The chairman of Melwani. Mr. B hag wan Melwani. said he plans to
    344 words
  • Article
    The new Cortinas prove a winner
    240 12 THE NEW Ford Cortina is a hot seller since Its Introduction here last June. Though over 1.000 of the model have been sold, there ts still a queue. Last month it was only behind Mitsubishi's Galant Sigma In sales. A spokesman for Wearne Brothers,
    240 words
  • Article
    Lock icon No accord on resource transfer
    740 12 AP AFP A UN Economic committee ended its first working session in disagreement over the weekend over how much the International Monetary Fund (IMF) should do for developing countries. The open committee of about 100 members agreed to a proposal of its chairman, Mr. Idriss
    AP; AFP  -  740 words
  • Article
    Move to widen that Aussie circle
    322 12 IT IS generally suspected that Australia keeps her. better wines for home consumption. The country's only negligible wine exports tend to confirm this suspicion. Last year, of the 367,000 kilolitres of wine produced in Australia, only about 5,000 kilolitres, or 1.4 per cent, were
    322 words
  • Article
    BOON LAY SUPER MARKET
    108 12 THE Pioneer Industries Employees' Union (Pleu) and the Singapore Industrial Labour Organisation (Silo) have announced the opening of a new supermarket at Boon Lay Shopping Complex, Singapore 22, today. This will be the fourth and the largest to be opened by Pii>ii thus far, say the
    108 words
  • Article
    Lock icon Fed rejoices over Carter's tax decision
    1171 12 LESS PRESSURE ON RATES NYT THE chairman of the US Federal Reserve Board, William Miller, who had consistently urged President Carter to trim his proposal for a tax cut, strongly supported the administration's decision to reduce the cut and postpone Its effective date over
    NYT  -  1,171 words
  • Article
    Lock icon Hitachi wins Peking computer order
    204 12 Reuter JAPAN has filed an application with the Paris-based coordinating committee for export controls on strategic goods to communist areas (Cocom) for permission to sell an electronic computer to China, the Trade and Industry Ministry said in Tokyo. Hitachi Ltd said it had won a
    Reuter  -  204 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      307 12 3 new fascinating collections from TIME-LIFE Human Behavior 14 volumes that answer all the questions on what makes you and those around you tick, emotionally and mentally. It explains why and how people act and react you'll be surprised at what you can find out about yourself. And others. Each
      307 words
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  • Article
    SHIPPING TIMES
    2350 13 SCHEDPLE 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 Consortium* Scan Dutch hu a joint
    2,350 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      485 13 Scan Dutch f Fast and Regular Service To/From N.C. /SCAN/W.MED JU.K. Every 10 Days. Singapore: Tel *****, Port Kelang: Tel. *****1, Kuala Lumpur Tel. *****. Penang: Tel. ***** SHIPPING S Seotrain Lines Inc (USA} T r ans Pacific Se^ice Full Container Service To USA |FCEO(»*SL SPORI MOTHERVSL J« OW LA
      485 words
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      Page 13 Advertisements Column 2
      406 13 SHARJAH SHIPPING CO. LTD JLI a j—(UNIT 10 &M| tWIItATES) fIHLI SHIPPinG Lin€ (UNITED IMB EMIKATES) rGENERAL AGENTS SUB AGENTS SHARJAH SHIPPING (S) PTE LTD ORIENTAL SHIPPING CORPORATION Mh c toor Kheig Mm Bide KUALA LUHPIR TEL ?%»57 34 Philip St S port 1 ISLAND CARGO HANDLING TEL *****3. 912*4;
      406 words
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      Page 13 Advertisements Column 3
      472 13 ARAB LIME SAUDI ARABIA •_J UNIPACIFIC TRANS TRADING ORIENTAL SHIPPING CORPN AGFNCY PTE LTD I ro>,HV Tc 9»4 ?-J4 i S .rtes SINGAPORE Pf NANG Te< b >08S \\X\SAM ICk LINES I i n' •->. v,_ r LINER SERVICE FROM KOREA/TAIWAN/HONS ROM TO SINGAPORE Inchon Buwn Keelung H Kong Sp°'»
      472 words
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      Page 13 Advertisements Column 4
      451 13 mm EVERGREEN LINE RESUIAR RED SEA LINER SERVICE etas-pone EVER HARVEST lUN 14 VOY. IMSW EVER PROMOTER JUN 27 VOT. IMCN LOADING FOR JEDOAH. AQABA JEDOAH, AQABA GENERAL AGENTS: CHIP SENS COMPANY PTE. ITD., 13% ROBINSON AOAO, SINGAPORE, 1. TEL *****33 (I LINES) Greenfield Navigation Co.. Ltd. REGULAR LINER SERVICE
      451 words
    • Advertisement
      Page 13 Advertisements Column 5
      266 13 Nedlloyd Lines Regular Liner Services To/ From All Parts of the World. Singapore: Tel. *****, Port Keiang Tel. *****1, Kuala Lumpur Tel. *****. Penang. Tel. ***** NOTICES m.v. "VISHVA ADITYA" VOY: 12 arrived 12th May, 1978. at P.S.A. Godown No«. 8/9 General Survey of damaged cargo ex the above vessel
      266 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      883 14 SHIPPING Hapag-Uoyd FUUY CONTAINERISED TO EUROPE EXPORTS Sow* P K4MI H'tarf B hwwMwi L« Harw Ctty c< Edintowrfti 18/5 8/6 6/6 (7/6) Ktnukwi Mini 18/5 9/6 11/6 12/6 14/6 BrwwnEipraa 22/5 7/6 9/6 10/6 (14/6) l«uM* 26/5 28/5 18/6 20/6 21/6 (29/6) T«k» Eiprtu 3/6 5/6 24/6 26/6 27/6 29/6
      883 words
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      Page 14 Advertisements Column 2
      778 14 C 3 SANKYO LINE| AUSTRALIA SERVICE f. KeUn| Sin|»por« Loadmf for TUE RIVER 17/1« J»«y BANGLADESH SERVICE MAY PRINCE 11/19 Ma* 18/17 May CHITTAGONG, CHALNA GENERAL AGENTS CONTAINER BOOKING LOAD AGENTS P KELANG PENANG OCEAN SHIPPING 1 ENTERPRISES PTE ITO SINGAPORE TEI *****44/7 I *****70 K LUMPUR TEL ***** 1
      778 words
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      Page 14 Advertisements Column 3
      535 14 SEA tLAND U.S.*./ ASIA SERVICE MY rtnifiEMTED CONTMKI SERVICE SI CANADA. CAM MEAN. lAPAN. KOREA. TANM VESSEL/VOYAGt PONCE V-324 GATEWAY CITY V-697 PONCE V-325 [KIT HCMESMT FOR PORTS IR USA. M Om. THAJUWC ABO PHILIPPINES Vessel Arrives/departs MAY 16/17 23/24 May 30/31 C.F S Closes 500PM MAY IS 40TH FLOOR.
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      835 14 Everett Lines/ I i Burma Ft« Star Carpn. "BURMESE NATIONAL LINE" LOADING FOR RANGOON HTONEYWA fP/» B F S.S C A9er.fl ,n Mokjysia TEPS MALAYSIA Port Ketaog Tel (38J-7355 Penong Tel *****/***** X r.nmainii Arasntiiu ll* m Compania Ar|«ntina Da Mavafacton Intarcontinantal S. A. C.I. F. "ARGENTINE NATIONAL LINE" LOADING
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      453 14 ifc m JARDIN E—AN IA H Orient Overseas Go*dci*te/i Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA 'NEPTUNE PEAM M CHEVALIER ROZEI* 'S SEAS MIDGE ICR ORIENTAL RESEARCHEI CHEVALIER PAUL 11/ All »esse« all Bremerhaven FULLY CONTAINERISED SERVICE FROM EUROPE (VIA SUEZ) I FULLY CONTAINERISED TO/FROM US WEST/EAST COASTS, MM a
      453 words
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      1522 15 QCL Overseas Containers Limited CWTAINERSNIP SERVICE TO •K/MNTINENT: CITT Of EDINIURGN UMAKIMU MMU cum (MESS OENAIDER TDKID UnES! THAMES MARK rnu ut NAMDURG EXPRESS NCUGMNG EXPRESS •OWLOON DAT H'burg S port P Kelang D mark Drew ii Mty I Jm II Mai I in 11 JM 23 Mty 7 Jm
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      Page 15 Advertisements Column 2
      1355 15 Ben Ocean Ajaat service of Ben Line Blue FUnnd den Line and NSI4C It «R/CONTINfNT (M Sau) 9«e S»P»»l EuroM "TIOCIUS Sailel 11/11 May 1) las Lenoev B'D?o A«s*. H burg Hull. L'POOI. OfNVANNOCM Stone 1/ HUM 0/10 ton* S toly L'Skon. tenons. Tilbury. H PHR9NTIS 11/14 l«M II 1!
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      1119 15 BEN LINE CONTAINERS LIMITED GHs H BURG HAVEN R DAM HAVRE SCTOH Singaoot Ktl*«g Germmy/trnttrti Oaaaiax France All UK. I Scartintvi-' cm or niNiuttN kamarura maru OREMEN EXPRESS BENALDER TORIO EIPRESS THAMES MARU OSAKA OAT HAMOURC EXPRESS MONCROHt EXPRESS 21 May, 21 May n Mai 10 OM 11 IMM 11
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      Page 15 Advertisements Column 4
      1060 15 Scan Dutch V EXPRESS CONTAINER SERVICE VIA SUEZ WESTBOUND TO MED/UK/ CONTINENT/SCANDINAVIA Fttaei ti— P. Ml»( M S port L Mtcilit* 73 Rdam X HSurg 4) Cburg F*«er fiom P. Keiang Vessel UUNORA 14/ S Ml Km FRANCESCA .1/ J) SfUXOU UUMU it Si FRANCESCA .1/ n (LCanora St FRANCISCA
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      739 15 GUTHRIE BOUSTEAD THE BANK LINE LTD. LBABS FOR E. i S. AFRICA FORTUNE STAR (Mauritius. itunio«. Momkasa, Tjnfl Ma;vnp. Ovruo. I P C»P*»o»n) Penang f M »n| 4/ IJM S port II Ma)/] J« LAURELBANK HTIMI nwt IMT a mm vttca fh iukn. maniu p "«"l P Kelang 14/11 Map
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      981 16 0 (VIA SUEZ) ky entailer Vessels to nmon S'oore P Kelang L.Havre H'bur? Bremen R'dam A'wero HCPTMNE PEARL I» 17 May It May S kns lom 9 Jim II Jm 12 Jm CHEVALIER RO2E IW 73 May 25 May 13 Jim ISJmo I«Jtm 17 Jwe 1J J«i H K CONTAINER
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      Page 16 Advertisements Column 2
      1202 16 E.C.-U.S. A./ATLANTIC/GULF SERVICE ACCEPTIN6 FCL/ICI CONTAINERS FROM SPOtE, t. KEUUN. PfIMM LaadH* <W: NORFOLK, Hl« TOW. MW ORLEANS. HOUSTON Singapore P. Kalarig Oelawan Pf n»nf ONAKTI" (NRSA }J SCI) 25/21 Jaae 27/20 Jaae HflMl IM Ml E.C./ GREAT LAKES SERVICE LaaOi* tW: NORFOLK. NEW YORK. MONTREAL. TORONTO. AINTAOUU, OCTROIT. CHICAGO.
      1,202 words
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      1098 16 NEPTUNE ORIENT LINES LTD •FULLY CONTAINERISED SERVICES: TO EUROPE (VIA UUT S poff P Kelang S hampton H'burg I NEPTUNE PEARU i 7 Ma* W I CHEVALIER KO2E 23 May 23 May IHONGKONG CONTAINER 2im ifm MERCATOR l«M 9l«t KIM Mlj* 1 ORIENTAL CHIEF IS Im lllw J»» SEVEN SEAS
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      Page 16 Advertisements Column 4
      691 16 MALAYSIAN INTERNATIONAL SHIPPING CORPORATION BCRHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT Tf Mam P. Ke'anf Penanf Laalitf tw OUNCA SEOOJA <■ N't IT/11 Hi| Hburf 3/6. Cditt/LOc OUNCA MELOI BUNS* IANIQNC 22. IS (UNCA MELATI ounca am (UNCA Otitis la Part 17/10 May Hburf 3/6.
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      836 16 INTRASEA (PTE) LTD f Hoir,e 23-JE Ro.id 9 Telephone ***** 1 1 2354 C5 MtyBiALStUM-LMMW I INDEPENDENT SEMI/FtLL CONTAINER SERVICE TO EWE REGULAR INDEPENDENT SEMI/FULL CONTAINER SERVICE S tore P. Keling Pening lull M.V. tHVAI (ClPtr iktf i IS M»| AltlS HISPANIC ll Ptrt Sailtl II Mai IICIS ATNINIC N
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