The Business Times, 12 June 1978

Microfilm: NL9737
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, JUNE 12, 1978 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Peaceful co-existence
      69 1 TOKYO, Sun. Cambodian Deputy Prime Minister leng Sary said yesterday that his country wants to have friendly relations with the Asean nations on the basis of the five principles of peaceful co-existence. These principles are non-interference in each other's internal affairs, mutual respect for each other's sovereignty, territorial
      69 words
    • Article
      Asean guidelines
      67 1 BANGKOK, Sun. Senior Asean officials worked out guidelines for future economic cooperation with the EEC, the US and Japan. Their proposals will be submitted to the Asean foreign ministers when they meet in Pattaya, southern Thailand, on Wednesday. Conference sources say that Asean's relations with the EEC and
      67 words
    • Article
      Lock icon Key to progress
      65 1 Reuter BALI, Sun. The International Chamber of Commerce Commission on Asian and Pacific Affairs has ended its annual meeting here with a statement stressing the role of entrepreneurs as a key to progress. Conference sources said there were lengthy and often heated discussions on the role of
      Reuter  -  65 words
    • Article
      Lock icon Turkey's debt talks
      79 1 Reuter ANKARA, Sun. Talks on re-scheduling some US$2.5 billion (555.75 billion) which Turkey owes to private foreign banks start tomorrow between the Finance Ministry and representatives of an international banking consortium. Turkey is seeking to consolidate its short-term debts so that it can pay them back in
      Reuter  -  79 words
    • Article
      Lock icon Marcos' amnesty
      71 1 AFP MANILA, Sun. President Marcos issued a new amnesty decree for political detainees seemingly clearinK the way for the eventual release of his jailed political foe, former Senator Benlgno Aquino. The new decree broadened the scope of Mr. Marco's amnesty policy to include detainees who "may be judged
      AFP  -  71 words
    • Article
      Lock icon Handling terrorism
      80 1 AFP TOKYO, Sun. The Japanese government has mapped out a new crisis management policy to cope with terrorist kidnappings or hijackers that completely reverses Its previous practice of giving in to demands to save lives. Government sources said the new policy will include point-blank refusals to demands at
      AFP  -  80 words
    • Article
      Lock icon KL elections
      56 1 AP KUALA LUMPUR, Sun. Malaysian Prime Minister, Hussein Onn, met with the King to advise him to dissolve Parliament tomorrow. Ten state assemblies also are to be dissolved and elections for these will be held at the same time as the parliamentary elections. Political observers expect polling to
      AP  -  56 words
    • Article
      Lock icon Arab weapon deal
      78 1 UPI CAIRO, Sun. Saudi Arabia and France have concluded the weapons "deal of the century," with the oil-rich Arab kingdom paying US$24 billion (over Ssss billion) for French tanks, helicopters and a radar network covering the entire Red Sea. The weekly magazine October which is usually well-informed
      UPI  -  78 words
    • Article
      Lock icon McNamara's pledge
      57 1 Reuter KUALA KRAI, Sun. World Bank president Robert McNamara today pledged to find every possible means to help Malaysia achieve more success In agricultural projects. Mr McNamara, who arrived earlier today for a visit to Kelantan, said that he was overwhelmed with the success made through the land
      Reuter  -  57 words
  • Article
    TOP TEN STOCKS
    112 1 THE following list of slocks gives the 10 most traded on the Stock Exchange of Singapore last week. It gives the turnover in thousands of units, closing prices on Friday and the high and low for 1978. Company Turnover Prices Jun> High Low WO 1978 Stme Darby
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  • LOCAL STOCK INDICES
    • Article
      SINGAPORE
      68 1 Jume 5 June* Jwm7 Jbm8 AMI tt BT Index: 1091.98 1080.56 1093.80 1086.75 1120.76 Industrials: 310.20 313.58 313.89 310.77 313.80 Finance: 531.27 529.17 529.65 528.31 534.53 Hotels: 220.29 219.11 218.52 218.01 218.56 Properties: 198.74 197.39 197.00 196.86 200.96 t Tins: 152.20 151.27 150.76 150.50 150.96 t S rubbers: 507.85
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    • Article
      MALAYSIA
      79 1 tt BT Index: JIM 5 1534.21 tad 1480.85 ta«7 tail ta»9 closed 1492.80 1531.53 Industrials: 352.32 349.55 Closed 348.93 351.42 Finance: 447.88 442.01 dosed 442.43 449.24 Hotels: 203.50 203.26 rlnsofl 303 09 303 09 Properties: 206.89 203.38 clossd 301.93 301.11 t Tins: 188.84 168.52 clossd 187.87 188.10 t 9
      79 words
  • Article
    Japanese bosses sadder but wiser
    811 1  -  GOOD-BYE TO LABOUR ROWS? RAHIM KASSIM A RECENT study of Industrial relations between Japanese multinational companies in Singapore and their workers showed that there had been 16 cases of labour disputes arising mainly from unfair practices by management. In a report to delegates of the
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  • Article
    Kit-packs a mighty punch
    262 1  -  ■y WANG LOOK KEAH GROWING demand for polythene bags abroad has pushed a local exporter into manufacturing them. The paid-up capital of the new manufacturing company, Kitpacks, is $120,000. It is eXportoriented, with 95 per cent of its production exported to the United Kingdom and Australia,
    262 words
  • Article
    Tieup catapults Degani into global arena
    487 1  -  By SOH TIANG KENG DEOANI, a local money broking firm, has gone International by Joining hands with London brokers, Tullet and Riley. The new Joint venture, Deganl, Tullet and Riley, has a paid-up capital of $100,000 with the Singapore partners controlling 60 per cent
    487 words
  • Article
    Japanese bonds galore
    364 1 THE third quarter of this year will find Japanese corporations moving strongly Into overseas bond markets. The Japan Economic Review, the international weekly edition of Nlhon Kelsal Shlmbun, says foreign bonds to be issued by Japanese corporations will exceed US$7OO million In value during that period, in
    364 words
  • Article
    Up goes Yokowo antenna plant in Singapore
    274 1 A JAPANESE manufscturer of tciocopic snt6ims rods for mdnw will sot up plant here, the drat in Singapore. Yokowo Manufacturing Co Ltd already has two overseas plants ia Taiwan and Hongkong. Yokowo'* product Unas Include golf shafts as well. However, the Singapore plaat
    274 words
  • Article
    Jobless rate edges up but there is no panic
    445 1 UNEMPLOYMENT in Singapore has Increased slightly during the last few months. The Jobless figure on the Labour Ministry's "live register" has Increased to 20,916 in April the highest during the past five months. Last November the figure was 29,563 but it
    445 words
  • Article
    THREE NEW DBS FIRMS
    106 1 THE Development Bank of Singapore (DBS) has Incorporated three new Investment holding companies presumably for property development purposes. The three Swiss Club Park (Pte) Ltd, Ladyhlll (Pte) Ltd and Cluny Hill (Pte) Ltd were Incorporated last December. Described as Investment and holding companies, they each carry
    106 words
  • Page 1 Advertisements
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      19 1 Save with RICOH Call *****33 for the world's largest selling copier. IV 11 1 m i Private untied A-J •>
      19 words
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      Page 1 Advertisements Column 2
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      93 words
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      6 1 mm T DONNY ■f?3f55 SHIPPING TIMES
      6 words
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      145 1 Cool healthy pollution-!rm driving with mAßuenu .CAR AIR CONDITIONER CB -V "T 5-11 OOLDHiLL PLAZA. SINGAPORE 11 TEL *****2 240, LAVENDER STKET SINGAPORE 12 TEL 2SS4MO' JAL FUGHT 712 THE TOKYO EXPRESS 10NEWMORK VANCOUVER Wa7 5c «V^» V !< wSAN i FRANCISCO I HONOLULU ISNGAPORE MEXICO CITY Only on JAL
      145 words
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  • Article, Illustration
    CHINA'S GIFTED REVEL IN NEW FREEDOM
    1269 2  -  By CHRISTOPHER PRITCHETT CHINA'S authors, musicians and tJlm makers say they are happily revelling In their new artistic freedom, reaT enough In modern Chinese terms but still restrictive. The much vaunted "unshackling" of Chinese culture in the 19 months since the ousting of the
    1,269 words
  • Article, Illustration
    Helping orang-utans feel at home
    441 2  -  •r DENNIS LAU THE STRIDENT notes of cicadas calling filled the cool, damp air as we climbed the wet Jungle path through the Semengok Forest Reserve, 20 km from Kuching, in Sarawak. We also heard the sounds of birds and gibbons. After 40 minutes of
    441 words
  • Article
    Lock icon Untitled
    754 2 UPI MORE THAN 1,000 years ago, as the story 1* told, St. Vladimir offend an iium ment of a problem that has been an age-old plague for Russia. "It Is Russia's Joy to drink: We cannot do without It," he reputedly said. It Is February in Tyumen, the blnest town
    UPI  -  754 words
  • Article
    MEMO PAD
    298 2 COURSES AND TALKS May 8-Aug 17: Aust Insurance Institute Assoclateshlp Course, SITC, SITC May 15-June 15: Compensation Employee Benefits, Hilton, POD June 5-July 29: Life Agents' Certificate Course, SITC, SITC June 8-22: Personnel guidelines policies, Hilton, POD June 12, 13, 15 16: Inventory systems St strategies, SIM, SIM
    298 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      207 2 ALL BIFOCAL WEARERS! If your vision is restricted like this... It is because the view through the segment of a flat-top bifocal is limited SEE MORE WITH THE EXECUTIVE BIFOCAL It provides an unlimited field of vision because the bifocal segment stretches all the way acoss the lower portion of
      207 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      626 2 CRYPTIC PUZZLE ACROBB 3 Punished a good lot (5) I Complaint, after victory, by the general (9) 19 Bitter answer (5) II Piece of music thus written (3) 12 Legal right, outwardly, to stir things up a bit (9) 11 Connive at a fellow getting something to eat (7) U
      626 words
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  • OVERSEAS
    • Article
      Lock icon Zaire to be put under intensive care
      609 3 AFP ZAIRE is sick, very sick, and experts are meeting this week to put its economy under intensive care. Even before last month's second Invasion of the mineral-rich province of Shaba, Zaire's economy was sinking by 6 to 7 per cent a year.
      AFP  -  609 words
    • Article
      Lock icon Package to insure against default
      121 3 NYT PERU'S central bank has put together a financial package that It hopes will insure that no default takes place on Its International debt payments. Officials in Lima say they have already drawn on a US$B5-milllon (Ssl96 million) short-term swap arrangement signed in Madrid recently
      NYT  -  121 words
    • Article, Illustration
      Lock icon Lay off, Bonn warns the Poles
      306 3 AP A FISHING argument between Poland, West Germany and Denmark escalated on Saturday as the Bonn government announced that Denmark has Bromlsed to protect erman trawlers against Polish patrol ships In a disputed Baltic Sea area. This was announced In Bonn In a Foreign
      AP  -  306 words
    • Article
      Lock icon HEED TAX REVOLT IN CALIFORNIA, SAYS CARTER
      1017 3 NYT IN REMARKS released on Saturday, President Carter gently chided Congress for excessive spending and falling to discern the message of the tax revolt by California voters. Mr. Carter referred specifically to Congress's unwillingness to cut Income tax by more than US$2O billion
      NYT  -  1,017 words
    • WORLD IN BRIEF
      • Article
        GRIM FOOD FOR THOUGHT
        591 3 NEARLY 40 nations meet in Mexico City for world food talks today, faced with a grim warning that up to a third of the world's children are dying of hunger and disease before the age of five. The warning, in a draft declaration of the World
        591 words
    • Article
      US revises wheat harvest estimates
      309 3 THIS year's US wheat crop, which farmers are now harvesting In the southern areas, is estimated at 1.31 billion bushels or 14 per cent less than last year's, the Agriculture Department said. A month ago, the harvest was estimated at about 1.28 billion bushels, a
      309 words
    • Article
      Lock icon Doubts over official current account forecast
      315 3 Reuter MOBT UK flnaaclal analysts continu* to doubt the government's I*7B current account forecast la their predictioas for the latest moath's trade aad payments figures doe oa Wednesday. Estimates for UK May current account range from brokers James Capel's £145 million (8*609 million) surK"
      Reuter  -  315 words
    • Article
      Lock icon Big 4 clearers raise base, deposit rates
      1003 3 Reuter NYT ALL THE four major UK clearing banks have raised their base lending rates by one percentage point to 10 per cent from today. At the same time they also raised their deposit rates. Barclays and Midland raised theirs to 7 per
      Reuter; NYT  -  1,003 words
    • Article
      Lock icon EEC drops action against zip makers
      179 3 AP THE European Economic Community has dropped legal action for anti-trust violations against production of some 40 companies with an annual production of some US$25O million (***** million) worth of zippers. The European Commission, the Common Market executive, said the companies had given up
      AP  -  179 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      210 3 CHOOSE HYSTER Make a profitable difference to your handling operation Because Hyster's lift truck range is complete, you can choose just the truck for your materials handling needs, a truck designed and engineered to give you maximum productivity. With capacities up to 37,0 CX) kg, Hyster trucks bring superior performance
      210 words
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  • RAW MATERIALS
    • Article
      FOREIGN RUBBER
      310 4 RUBBER futures in London on Friday closed easier but still 0.90 to 0.45 pence per kilo up from Thursday night after Initial gains of around 1.30 pence and a midday close of between 0.65 to 0.90 pence per kilo. Volume traded Included 13 lots of five tonnes and
      310 words
    • Article
      Produce exchange
      255 4 CHINESE Produce Exchange, Singapore noon closing prices per plcul on Saturday: Cmal Ms Bulk M? Miter*, old drum 592 sellers. new drum $07 sellers. Cavnt: Mixed (toon) UK/Cont. ISO bU pi»ir: Muntok AST A white f.o.b. 100% NLW (307.90 sellers, Sarawak white f.o.b. 00% NLW $372.50 sellers. Sarawak
      255 words
    • Article
      Straits tin
      138 4 THE STRAITS tin price In Penang on Saturday gained another Mslo to $1,710 per picul. Turnover, however, fell another 31 tonnes to 270 tonnes. In LONDON on Friday, tin on the day rose by £25 for cash and £30 for Three Months standard while High Grade was up
      138 words
    • Article
      Coffee
      376 4 ROBUST A futures In London on Friday closed around the day's lows and £20 per tonne down to unchanged from Thursday night after holding steady for much of the morning with gains of between £81 to £45. Turnover was 4,930 lots Including 38 options. The tone was irregular. Near
      376 words
    • Article
      Copper
      349 4 COPPER wirebars in London on Friday finished the day £0.5 Tower all round. The afternoon market was featureless but prices held steady on endmorning closing levels. The early morning premarket found modest short-covering up to £775 for Three Months based on expectations of a further moderate fall In stocks
      349 words
    • Article
      Silver
      268 4 SILVER on the London Metal Exchange lost 1.7 to 1.9 pence per troy ounfce on Friday. The afternoon market gave modest ground during the afternoon following a lower New York trend but trading remained slow. Three Months traded down to 296.0 pence before steadying on light end-week covering. The
      268 words
    • Article
      Cocoa
      254 4 COCOA closed with losses of £24 in near July to nominal gains of £10 in forward Dosltions on a volume of 2265 Including one option and 565 crosses in London on Friday. Dealers said quiet terminal trading continued to reflect a physical market where producers were not following prices
      254 words
    • Article
      Wheat
      156 4 WHEAT futures In Chicago on Friday fell sharply In late trading, giving up early gains and closing around the day's lows. Final prices represented losses of 8-* to three US cents a bushel. Early trading took prices to either side of Thursday's close, with initial weakness erased as substantial
      156 words
    • Article
      Gold
      764 4 WITH the firm European close of U*****.75/185.50 per ounce on Friday June 2, New York seemed to be folsed to press ahead urther. However, the market suddenly collapsed late in the session and sold off by more than $4 per ounce from the day's highs to close at $182.50/90.
      764 words
    • Article
      Sugar
      244 4 SUGAR futures in London on Friday were £0.35 higher in near position to £0.25 lower in forward contracts on a volump of 2,552 Including five options and 659 lots on the kerb. Trading lacked feature all day with values easing from opening levels which were in Une with the
      244 words
    • Article
      Soybean
      201 4 CHICAGO soybean futures fell under late selling pressure to close around the day's lows on Friday. July and August managed to retain gains of four cents and half a cent a bushel, respectively, but new crop Months lost four to 11-% cents a bushel. Cash market firmness on lack
      201 words
    • Article
      Zinc
      84 4 ZINC on the day lost £7.25 for cash and £7.75 for Three Months In London on Friday. The afternoon market slipped further under liquidation and subsequent stop-loss selling down to £325.5 on the kerb at one stage. Values declined during the morning under general liquidation prompted by news that
      84 words
    • Article
      Lead
      72 4 LEAD on the day lost £3.25 for cash and £3.75 for Three Months in London on Friday. The Homestake force majeure confirmation steadied prices briefly during the afternoon with Three Months trading up to £323 before profit-taking pared the position. This metal gave ground under liquidation during the morning
      72 words
    • Article
      Rice
      164 4 BANGKOK rice prices were quoted as follows on Saturday unchanged from the previous trading day: (US dollar* par tonne fob btau WUalta ISO pet lJt daa441,100 rrt 2nd elua 427,100 pet 3rd elaas 422, pet 413.10 pet 400.10 pet 302, >0 pet 307. 29 pet 377, 30 pet unq
      164 words
    • Article
      Prices open firm but turn mixed at close
      509 4 PRICES firmed on the Singapore produce market earlv in the week before tending mixed at the close last week. Trading, however, continued at a quiet pace. Conflicting reports of bad weather In Brazil made for irregular trading in coffee. Private Brazilian reports
      509 words
    • Article
      Palm oil
      83 4 C.I.r. North European porta, In US dollar per ton ui Pi-May Uses otherwise si LONDON Pvwtow Malaysia 5% Ha bulk par tonne 595 sir August 000 sir Sumatra 5% ffa bulk June 6M air 682.50 pd July <00 sir 052.50/060 pd August 006 sir 006 pd September unch
      83 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        169 4 THE US dollar last week opened at a low of 552.3235/45 compared to the previous ciose of §$2.3270/80. It, however, firmed on Tuesday to a high of 552.3295/05 following US Treasury Secretary Fred Bergs ten's statement on the prospect of an improvement in the US trade balance. Trading
        169 words
      • Article
        MLR
        21 4 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 7 per cent.
        21 words
      • Article
        Asian $ rates
        260 4 Asian rates RATES moved 1/16 per cent higher In the week ended June 9 possibly due to the huge rise in US basic money supply with M-l increasing to US$4.2 billion and M-2 up to >5.7 billion. Rollovers were light In Three and Six Months periods with Federal Funds steady
        260 words
      • Article
        Discount
        402 4 THE HIGH interbank rates experienced since the beginning of the month failed to hold as they softened towards last week's closing. It was learned that the tight market condition was partly due to successful manipulation by some banks though tax payment was also another contributory factor. Following active open
        402 words
      • Article
        Euro $ rates
        118 4 Euro rates LONDON Eurodollar deposits closed steady after being marked up at the opening in response to the Increase In U8 money supply on Friday. m periods, rates firmed 1/16 point across the board but Four Months row 1/8 point to 8-7/16, 8-5/16 because of a Friday end of period.
        118 words
      • Article
        Short term money
        47 4 FOR the week ended Friday June 9, the range of call rates received from Short Deposits (M) Berhad was as Baak hind: 4ft per cent to 5 Der cent. Gmeral And: 3* per cent to 4ft per cent. Movements of fund totalled $372 million.
        47 words
      • Article
        Zurich
        483 4 ON THE foreign exchange markets last week, the US dollar experienced pronounced fluctuations. On a week-to-week basis, however, alterations in its market value remained rather limited. England raised its minimum lending rate from 9 to 10 per oent. At the end of a period characterised by a continuous decline,
        483 words
      • Article
        London
        252 4 IN A FLURRY of late selling Into New York ahead of the weekend, the dollar narrowed or shed Its gains made against leading currencies on Friday. Morgan Guaranty Trust vice-president Rlmmer de Vrles said in Geneva on the same day that the dollar has been propped up by central
        252 words
      • Article
        New York
        224 4 AFTER a day of rather aiiet trading, the dollar osed weaker against major currencies on Friday. The US currency weakened steadily for most of the session before recovering slightly near the close, dealers said. Once again, there were no major developments affecting trading, although Morgan Guaranty Trust vicepresident
        224 words
      • Article
        Lock icon Money market
        113 4 Source: Astley Pearce THE beginning of last week saw a tightness in the Interbank money market with rates traded above the 6 per cent level. However, towards the weekend, there was a turnaround of rates. The Overnight rate closed finally on an easy level of 3ft to 3ft
        Source: Astley & Pearce  -  113 words
      • Article
        Frankfurt
        13 4 f4iT liT 4 1 i J. 1 lijiViMrTjfll ),T "It yfr l'A*?V
        13 words
  • Page 4 Advertisements
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      157 4 m SL iT Imm i OVER 150 COMPANIES CANNOT BE WRONG IN LOCATING THEMSELVES AT THE PSA MULTI-STOREY COMPLEX Some 50,000 sq m of space is now N occupied by: printing, lithographic, transportation, import/export, garment/textile, electrical /electronics. general trading companies and many others Why not join them now? PLEASE CONTACT
      157 words
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  • TRANSPORT
    • Article, Illustration
      Shipping lines heave a sigh of relief
      652 5  -  FREIGHT CENTRE FEARS ALLAYED By WANG LOOK KEAH FEARS that the Singapore National Shippers Council's (SNSC) freight booking centre may develop Into a national freight booking centre like the one In Sri Lanka have been laid to rest by Mr. Ooh Chok Torig,
      652 words
    • Article
      Lock icon REQUEST LANDING RIGHTS
      148 5 AFP THE Civil Aeronautic Board said the US should not grant landing rights to Air France at Los Angeles airport because of France's attitude towards Pan American World Airways. Such a ban could come into effect 30 days after presidential approval. The conflict dates from May 3
      AFP  -  148 words
    • Article, Illustration
      Conference to discuss option for Ro-Ro ships
      275 5 THE THIRD Ro-Ro conference next month will discuss the option for a completely Ro-Ro class of ship or for a combination of Lo-Lo/Ro-Ro. This consideration will be highlighted in several presentations by leading shipowners. A paper featuring on cost comparisons of Ro-Ro and
      275 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      647 5 ARRIVALS Service Local Operator Number Time From GIA GA982 1200 HLP SIA SQ240 1210 MES SIA SQ201 1245 HLP MAS MH684 1250 KCH MAS MH651 1330 (MES )/PEN/KUL SIA SQ455 1340 BWN SIA SQ611 1340 BKK GIA GA900 1400 HLP CPA CX703 1415 HKG/BKK SIA SQ105 1500
      647 words
    • Article
      Lock icon Waterfront probe may spread to NY
      139 5 Reuter A MAJOR Justice Department probe of waterfront corruption in Atlantic and Gulf ports may lead to legal action In the New York area within the next several months. A Justice Department spokesman said the probe had already resulted In a federal grand Jury
      Reuter  -  139 words
    • Article
      Lock icon London freight market
      189 5 UPI SOME semblance of activity returned last Friday to what had been, for some time, a very quiet Far East market. Time charter featured Cavn which paid U554,095 (819,545) per day to the 20,882-dwt Ratna Nandlnl for a June 20 to 25 trip from south Japan to
      UPI  -  189 words
    • Article
      Lock icon Airline mags the big earners
      900 5 NYT SIX OUT of 10 people who board a commercial airliner in the US discover one of them in the seat pocket, next to the air sickness bag. As magazines go. they are hardly the most distinguished but, then again, they are not all that
      NYT  -  900 words
    • Article
      Lock icon Call for goodwill
      334 5 Reuter JAPANESE shipbuilders should show some goodwill towards the Greek Chanlber of Shipping's request for a two-year moratorium on payments for Greek tonnage built in Japan on longterm yen loans, Mr. Antony Chandrls. president of the Union of Greek Shipowners said. At a forum held in conjunction
      Reuter  -  334 words
    • Article, Illustration
      SHIPS IN PORT
      341 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Irenes Symphony (1500) 18 Kota Maha (0700) 10/11 Vivien (SMMA) (0800) 47 Ibn Hayyan (0000 35/36 England Maru (JJLH) (0900) 48 Botany Triumph (Tanker) (SMYN) (1800 subject free gas) (P/O) 15/18 Nedlloyd Kingston (1800 after Nedlloyd Fremantle) 3/4 King River (0000 after
      341 words
  • Page 5 Advertisements
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      17 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****5 CITY TEL *****55 Call us for you, local or onward reservations
      17 words
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      Page 5 Advertisements Column 2
      221 5 4 srr* a n \>-< .~.r 4m t'l N $105/-POST FREE 310 pages. 30 x 27.5 cm with 253 illustrations including 92 plates in full colour In the kingdom of flowers, orchids are the undisputed glamour queens. Their elegance of form, vitality, and almost sinister exoticism give them the haunting
      221 words
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  • REVIEWS
    • Article, Illustration
      'Donny and Marie' on SAF trucks
      1200 6  -  By PATRICIA GOH SLINKY sliver lame tights and frou-frou bikini blouses fast-changing to swirling Spanish skirts and Latin lace; strains of Dixieland ("Babyface, babyface shades of AlJolson's "Mammy" and oafish comics taking a rise out of the army. Can these people really be soldlers?-Yes,
      1,200 words
    • Article
      A NEW CATALYST
      703 6  -  Letter to the Editor Joe Peters Department of Musk, University of Singapore Dear Sir, The most hopeful and important piece of news to the musical scene was the announcement a few weeks ago, of the establishment by the Ministry of Finance of the Singapore Symphonla Company (SSC)
      703 words
    • Article, Illustration
      Lock icon Dracula has risen again
      661 6  -  •y NIGEL ANDREWS FT DRACULA has risen again. Since F.W. Murnau's German silent classic Nosferatu Introduced Bram Stoker's bloodsucking count to European fllmgoers in 1922, scarcely a year has gone by In which Dracula has not loomed over audiences In some grisly Incarnation or other, fangs
      FT  -  661 words
    • Article, Illustration
      Soccer beats grandmasters
      1122 7  -  By LIM SENG HOO THE FIRST HALF of the re- cent Grandmaster Tourna- ruent in Klklnda, Yugoslavia, was played In a highly tensed-up atmosphere, with competition &nd excitement greatly in- tenslfied by the fact that for many players the stakes were very high indeed. The various candidates,
      1,122 words
    • Article, Illustration
      A WORLD OF ROMANCES
      1223 7  -  N.R. KLEINFIELD THE COVER shows a coolly jlli nnin g brunette staring 3ftamily into space. Two -■mkish men, In period dress, loom behind her. She Is a Spanish dancer, the scandal of Europe. Kings, princes and great composers com- jete for her affection. She is !*®wn
      1,223 words
    • Article
      Lock icon SOCIETY OF WRITERS IN SWING AGAIN
      359 7 IMS THE Society of Singapore Writers appears to have swung into action once again after something of a lull in its activities. The Society recently notified members that it would co-sponsor with the Book Fair Committee, and the Young People's Section of the National
      IMS  -  359 words
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      284 6 V m wine LLsJL* i /<• l L Mil OtD SCOTCH WHISKY Ru»< J S^tUJ The Ancestor of Whisky AaotiMr qtuhty prod act from ion bar presents Toto 8 His Kids The Jackson 5 of Manila Don't miss the exciting sounds of Toto St His Kids. This band of four
      284 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      588 6 CONCERTS: THE 40-strong Eastman Wind Ensemble, one of the best-known wind bands In the US, will perform on Friday June 16 and on Saturday June 17, both shows 8.30pm at the Victoria Theatre. There will be two different programmes, the better to display the Ensemble's full repertoire, spanning from European
      588 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      159 6 SINGAPORE 5 3.00 PM Opening announcements followed by Siruvar Ulagam (Tamil-Repeat) 0 3.30 Diary of Events (Tamil) 0 3.35 Afternoon Matinee The Dark Corner (Pt. 1) Starring: Lucille Ball, Clifton Webb 4.30 Intermission 6.05 Opening announcements followed by Harold Lloyd's World of Comedy 6.30 News in Brief 0 6.35 Marine
      159 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      367 7 TODAY -OKOH Lunch 0 t mm m -x at)* T 3 branches for your convenience: SINGAPORE OKOH Supreme House, Penang Road. Tel *****1 OKOH OF GINZA Hong Leong Bldg Raffles Quay. Tel *****81 :< at sura rchid Inn, Dunearn Rd Tel *****2 Enchanted evenings in tine European tradition. Mirabelle 1
      367 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      34 7 mStCW.'FfcanKl^cl BHD Nou> ft CHRiaimfts rness*G£ "fcTWLWNP»Ger>eNT T€lung r^em «S& Joei 00 wrtM THBR /Pi VU. fVJ IT OH TUG. HOTtCC. fcOfSRD UMfcK NO C*K. IS B6OUT. RND OMe geus fIEKCtL OXT7ING OP.. r&
      34 words
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  • MARKET REVIEWS
    • Article
      Bullish burst at the close aids heavyweights
      967 8  -  SINGAPORE k By PETER CHIA followed by an equally sharp upward reaction. Meanwhile, the New York Stock Exchange forged strongly ahead as investors stormed the market In record numbers. Institutions bought heavily, Injecting funds into an already buoyant market. Massive resurgence of Interest
      967 words
    • Article
      Lock icon The bad spell over June is broken
      604 8 r NEW YORK h NYT FOR the last quarter-cen-tury, June has ranked as the poorest month for stock market performance, but ignored precedent last week and continued to push ahead. The Dow Jones Industrial average gained '"'41.69 points to 859.23 after iiv climbing
      NYT  -  604 words
    • Article
      Lock icon Stock market fever hits local investors
      703 8 HONGKONG AP THE market was a chartists' dream this week as the uptrend line rose to a breakout point along with steadily increasing turnover. When the 500 level on the index was reached, buyers poured in from Europe and South-east Asia. Turnover on Friday
      AP  -  703 words
    • Article
      Bidding for buyers
      1227 8  -  r LONDON L d ■y GERALD COLVERD CAPITAL like labour has its price. Both the Institutions and the money market have won their battle with the authorities to establish a level of base interest rates which eliminates uncertainty by presaging that future rate movements will be downwards.
      1,227 words
    • Article
      Lock icon LISTLESS TRADING
      293 8 TOKYO A AFP WITH no fresh Incentives to attract buyers' attention, the Tokyo stock market faltered into a stalemate in listless trading this week. Most of the companies closing their books for the business year ending last March have completed announcement of financial statements, which showed that they
      AFP  -  293 words
    • Article
      Caution brings stocks lower
      1074 8 K.LUMPUR d WITH sentiment remaining cautious, trading on the Kuala Lumpur stock market turned easier most of last week. The only day on which there was a rallying of prices was Friday when share prices, led by a handful of heavier-weighted Singa-pore-based counters, staged an advance.
      1,074 words
    • Article
      Lock icon Dull for most of the week
      401 8 1 SYDNEY Reuter THE four-day week following the long weekend got off to a dull start on the Sydney share market and apart from a few brijht spots did not pick up until Friday when buyers supported mining and Industrial leaders. Western Mining Corporation
      Reuter  -  401 words
    • Article
      COMPANY NEWS for the week
      248 8  -  ENDED JUNE 9 COMPILED BY TEO TECK WENG SCRIP ISSUE Synthetic Ratios Berhad: Proposed rights issue of two-for-flve, raising $2.50 million. OTHERS Olympia Plywood and Timber Products has disclosed, in response to a query from the Stock Exchange of Singapore, that no dividend will be
      248 words
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      Page 8 Advertisements Column 1
      169 8 r,o^° V The Foulks way means 1. Studying with the largest established firm of accountancy tutors in U.K. 2. Enjoying the benefits of over 90 years of tutorial expertise. 3. Being informed of the latest changes and current events and topics of interest and relevance through the exclusive "Foulks Lynch
      169 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Optimism at Nippon Mining
      368 9 F ASIAN Reuter UPI NIPPON Mining Co Ltd said It expects net profit In fiscal 1978 ending next March to rise to 3.20 billion yen from '8.11 billion In the previous year on sales of 492 billion down from 533.70 a year earlier. The company said
      Reuter; UPI  -  368 words
    • Article
      Esso/BHP project
      99 9 MELBOURNE: The drillship "Ocean Endeavour" has arrived In Bass Straits for the start of a major offshore drilling programme by the Esso Exploration and Production Australia Inc/ Broken Hill Pty Co Ltd (BHP) partnership, BHP said. The drlllshlp Is expected to spud the first well in the programme,
      99 words
    • Article
      Lock icon Kubota plans to boost sales abroad
      200 9 Reuter KUBOTA Ltd said it expects net profit for the current year ending ApHl 15, 1979, to rise to 19.40 billion yen from the previous year's 18.70 billion, on sales of 490 billion yen up from 463.55 billion, a year before. Company president Keltaro
      Reuter  -  200 words
    • Article
      MYER
      52 9 THE Myer Emporium Ltd said it will offer As2s million debentures to existing share and debenture holders registered on June 22. Myer will offer 10.2 per cent seven-year and 10.4 per cent 10-year debentures, at par. Funds raised will be used to Increase working capital and assist in general
      52 words
    • Article
      Robeco keeps a strong cash position
      273 9 r EUROPEAN u THE world economy still shows an unbalanced picture, according to the management of Robeco In Its interim report. Japan and Germany, (or instance, are expected once again to show large trade surpluses. In these countries the emphasis is still on the
      273 words
    • Article
      Lock icon Cie Francaise net consolidated profit
      164 9 Reuter CIE Francalse des Petroles SA announced net 1977 consolidated profit of 200 million francs (166 million) on net consolidated turnover of 53.44 billion francs (47.38 billion). Group share of profit was 134 million francs (loss of eight million). Cash-flow was 2.87 billion francs (2.88
      Reuter  -  164 words
    • Article
      Lock icon George Wimpey hit by bad weather
      171 9 Reuter LONDON: George Wimpey and Co Ltd chairman R B Smith said the severe problems facing the construction Industry prevent him from being optimistic about the prospects for the coming year. In Britain the industry Is still in the doldrums and there Is little
      Reuter  -  171 words
    • Article
      RENAULT
      66 9 PARIS: Savlem and Berllet, the two heavy vehiclemaking subsidiaries of Renault, are raising their prices an average six per cent this month, Renault sources said. Berllet raised Its prices from June 1 and Savlem will increase them from June 12. Savlem and Berllet have nearly half the French market
      66 words
    • Article
      Lock icon Alfa shines amid gloom in Mexico
      968 9 NYT MEXICO CITY: If the Mexican economy Is still suffering a recessionary hangover from Its near-collapse in 1976, there Is no sign of It In the sharp eyes and bright face of the country's largest conglomerate, the Alfa Industrial Oroup. While much of the
      NYT  -  968 words
  • INTERNATIONAL STOCK MARKETS
    • Article
      Zurich shares steady
      433 9 El R<) I'EAX MARKET* "EUROPEAN bourses closed generally mixed to steady in quiet trading on Friday. In ZURICH, prices were steady In light trading, dealers .said. 1- In transports Swissair rose while leading banks were irregular as were financial*. Elektro-Watt and Forbo 'A* were barely steady, while
      433 words
    • Article
      Amsterdam
      188 9 JUNE Fls ABN 353 50 -2.5 Ahold 106.50 +0.5 Ak*> 31.70 -0.1 AMEV 87.50 unch Amfas 113.80 unch Amrot Bank Bergoss 73.70 -0.8 53.00 -1 Berk 08.50 -0.3 Bols 75.50 +0.3 BorsumlJ 103.00 -0.8 Burhmann 74.00 +0.5 >' Byenkorf 92.20 +0.2 ..CalveDelft 160.50 +0.5 DellMlJ 135.00 +2.2 Ennia 139.50
      188 words
    • Article
      Paris
      264 9 JUNK 69 Frs CORBE1LLE Air-Uquide 302 +0.9 BSNOtmli Danone 500 -14 CS F (ThomsonCai) 252 -1.8 CleFrancalse del Petroles 137 >2.1 Compagnle Financier* Compacnle Qenerale 370 -1 Credit Foncier De France 359 +6 Hachette (Llbralrle) 216 +2 Machine* Bull 41 +0.1 Mlchelin (B) 1425 16 Parlbas 163.90 -l.S Pechlney
      264 words
    • Article
      Milan
      100 9 JUNE M UK Ante 98.75 1.75 Assoc On ***** 200 Bailofl 478 12 Centrale 3725 +40 Flat 1832 +S Flnslder 100 ♦4 Oen Immob 74 50 1 IFl Pii 2184 -♦•43 Italcementi ***** >189 Ii&lgu 705 *6 Italslder 191.25 +7.25 Magnetl M Pf 4A3 +2.75 Mare 111 Ere 286
      100 words
    • Article
      Frankfurt
      197 9 JUNE W Dm Aef-Telefunken Alt20 Allz Leben AlLz Vers BASF Bay H T Wbank Bay Vtxank Bayer BBC BMW CasseUa Chem Verw Commenbank Contl Oumml Daimler-Bens Deguasa Demag Deutsche Bank Dresdner Bank Dt Texaco Dyckerhof f ST A Enka Olanxa Gelsenberg OHH Ha pag-Lloyd Harpener Hoechst Hoesch Horten Kail
      197 words
    • Article
      Brussels
      95 9 JUNE M Fn FORWARD MARKET Acec 283 ♦J Arbed 2*60 -20 Astur 612 -3 Braacar. 485 4 Bru-Lamb 1500 unch Canpac 558 ♦2 Cock 484 16 De Beers 170 unch Ebes 2260 -5 Electrobel 6480 -10 Ob-Inno-Bm 2040 10 Oev 1300 unch Hobok 2345 +35 Pet.ro 3800 -5 Ryl
      95 words
    • Article
      Zurich
      183 9 jun* a Francs Actions Sulaaes 264 +2 Aluaulaae Br 1366 •15 Alusulaae Ret 511 -2 Brown Bowl Br. 1635 unch Cite Gelgy Br 1135 10 ClbaQelgy PC 835 -a aba Oelfjr Reg 504 +i Credit Sulaae Br 2165 unch Credit Sulaae Ref 410 ♦3 SektrowattBr. 1720 •10 Oeorge Fischer
      183 words
    • Article
      Selected Indices
      34 9 FINANCIAL TIMES INDUSTRIALS Friday 406.9 Thursday 469.3 Week Ago 475.5 DOW JONES AVERAGE INDUSTRIALS Friday 886.23 Thursday 862.09 Week Ago 847.54 LONDON DOLLAR PREMIUM Friday 112* to 113V. Thursday 111% to 112H
      34 words
    • Article
      TOKYO
      392 9 SHARE prices closed higher on Saturday led by pharmaceuUcals and leaders In active trading. Dealers said the Dow Jones average rose 9.71 to close at 5,510.38. with volume of 180 million shares. The Tokyo Stock Exchange Index closed at 412.64, up 1.57. The rise followed the Bank of Japan
      392 words
    • Article
      Jo'burg
      342 9 GOLD shares were quietly easier towards the close on Friday following the lower bullion trend and lower than expected JCI group gold dlvs. JUNE M Yen 47Ajlnomoto Akal Asahl Chem AlltU OlLU Bank Tk Banyu Bridgestone Canon Chlyoda Chubu Pwt Citizen D Nip Print DNlpTorjro Dallchl K&ncyo Bk Ebara
      342 words
    • Article
      Toronto
      224 9 SHARE prices closed mixed In active trading on Friday with the composite Index off nearly 2V, points and fains leading losses 217 to IKS. utilities Ml 10* points as the major component Issue Bell Canada lost to 57*. Otherwise, Index movement was small. JUNK CI ADIUbt Alean .1 32
      224 words
    • Article
      Losses outweigh gains
      1130 9 NEW YORK AFTER struggling to hold Its ground most of the day, the stock market on Friday weakened late in the session. Analysts said the sharp UBS4 .2 billion rise in U8 money supply reported by the Fed on Thursday was a factor but said they were
      1,130 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      1 9 TEL:*****56
      1 words
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      Page 9 Advertisements Column 2
      57 9 SINGAPORE BUS SERVICE (1978) LIMITED ANNOUNCEMENT The Board of Directors of Singapore Bus Service (1978) Limited wishes to thank all applicants for their interest shown in the recent issue of 20 million ordinary shares of $1.00 each in the Company. Custodian Receipts and Share Certificates have been despatched by post
      57 words
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  • COMPANY NEWS
    • Article, Illustration
      Apollo makes room for more growth
      889 10  -  J* FONG MEW LENG APOLLO Enterprise will play lta part In the flourishing hotel Industry starting with the Initial contribution of Apollo Bentosa, the chairman of the company, Mr. Chan Chun Ping, said In the annual report for 1977. The island resort project, due
      889 words
    • Article
      DIVIDENDS ANNOUNCED
      744 10 Current Ex Books Date Total for Total for payment Date close payable the year previous year OUT 12H(b) May 30 Jun 6 Jun 12 12% 12% OUB 12%(b) May 30 Jun 6 Jun 12 12% 7.9(g) Sigma Metal Seacorp 5%TE(b) May 19 May 29 Jun 12 $%TE NU
      744 words
    • Article
      SCRIP ISSUES
      239 10 Company Particulars Ex Date Books Close Males TuOmi Hoa« Leant Great Eastern Lift Malayan Flow Stralta Trading 9in Hang Chan P««i Malaysia M'tian Faadmilla UanHaa fM, 9€BtOM riywOOfl 8yn lhatk HmIm Bonus Issue of 1 (or 3 Bonus Issue of 1 for 3 Rights Issue of 2 for
      239 words
    • Article
      COMPANY MEETINGS
      411 10 Oversea-Chinese Banking Corporation Ltd: AOM to be held at OCBC Centre: Chulia Street, Singapore at 12 noon on June 10. Negri Sembilan Oil Palms Bhd: AOM to be held at 1208, 12th Floor, Wlsma MPI. Jalan Raja Arulan, Kuala Lumpur, at 11.30 a.m: on June 10. Matsushita Electric
      411 words
  • Article
    SHARE INFORMATION SERVICE
    2612 10 1978 Higli Low Last Sale Weak Gk'a Dtv Dfe Cn Gr*a YH Not P/B Waafc Val CM*) Woak High Low SECTION ONE INDUSTRIALS 189 214 172 225* 83 215 235 V 210* 442 432 132 123* 112 195* 173' 140* 256 394 Ac ma Alcom Allied Choc
    2,612 words
  • Article
    CHICAGO BOARD OPTIONS
    1007 10 June 9 CHICAGO Board Options Exchange volume slipped to 118,165 contracts from 154,328 contracts on Thursday. OPTION JLY OCT JAN STOCK Alcoa Alcoa Alcoa Am Tel Am Tel Am Tel AtlR AUR AUR Avon Avon-P Avon Avon-P Avon Avon-P Avon Avon-P Bank Am Bank Am Bank Am
    1,007 words
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  • MONDAY SPORTS
    • Article, Illustration
      Ups and downs at Polo Club
      116 11 an unusual "angle of yesterday's 'Gymkhana, an annual event organised by the Singapore Polo Club. It's Michelle Murray trying to mount Bonny before the start of yesterday's Handy Pony race which requires horses and riders to complete an obstacle course as quickly as possible.
      116 words
    • Article
      SSC squash course
      179 11 THE Singapore Sports Council (SSC) is conducting a series of "Learn To Play" squash courses for beginners, starting today. The aim of the courses Is to provide the public with opportunities to learn the basics of squash. Days of Instruction: 8 lessons on a once-a-week basis as
      179 words
    • Article
      Lock icon RYDER CUP IS BUNKERED FOREVER
      803 11 The Observer LONDON: So the Ryder Cup is dead. It was quietly put down to prevent further suffering and the body was Interred in an unmarked grave. Even though the murderers or enlightened humanitarians, according to your views on euthanasia unscrewed the brass nameplate from
      The Observer  -  803 words
    • Article
      Lock icon Gambling on an impossible dream
      1699 11 FT LONDON: At the moment I am saving to buy a J24, a racing sail boat 7.31 metres long specifically designed to give low-cost high performance. It will cost me about €5,500 plus another £1,000 for extras. In addition I would have to spend about
      FT  -  1,699 words
    • Article
      Lock icon Skateboard makers hit the jackpot
      494 11 UPI SAN DIEGO, (California): "We're doing a million dollars a month and were Just getting started." Not an idle statement from an overzealous promoter, but reality in the skateboard business. Similar statements and the gross sales figures to back them up lend credence to success
      UPI  -  494 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      73 11 OLYMPIC BEAR 'MISHA' IS DOING HIS ROUNDS r 1 a tg! «S MOSCOW: TWs Olympic* an coming, end just to Mishs, the symbol of the Moscow Olympics design Prsss Aiwey picture above sbews Tope ton eke rare that everything is going |o be in top shape, Tspa the bear, who
      73 words
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      Page 11 Advertisements Column 2
      21 11 00 m 1 pp •11 9 ::«ii m Goh lalaya Holttum tf litv Lee (dot) 8.50 15.80 9.60 9.60 5.50 9.75
      21 words
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  • Article, Illustration
    GOOD OLE FESTIVALS ...
    235 12 GOOD OLE FESTIVALS THK Singapore Tourist Promotion Board (STPB) will make a concerted effort to revive traditional festivals which are part ofl Singapore'* multi-cultural heritage. Making this promise at the Dragon Boat Festival yesterday, Mr. Alan Choe, acting chairman of the BTPB, said that with the rapid pace of urbanisation
    235 words
  • Article
    Lock icon Tin panel to acknowledge need for a price rise
    490 12 Reuter AP THE INTERNATIONAL Tin Council's economic and price review panel meeting In Bangkok this week Is likely to acknowledge the need for an increase In the ■council's buffer stock operating range, delegate sources in London said. <-*The panel, however, is
    Reuter; AP  -  490 words
  • Article
    Lock icon Positive view of Aussie package
    338 12 Reuter THE package of modifications to foreign investment guidelines announced by Australia's Treasurer John Howard should be viewed as a reinforcement of current policies to encourage capital Inflow rather than as radical policy changes, bank economists in Sydney and Melbourne said. Asked to comment on
    Reuter  -  338 words
  • Article
    Lock icon BAN ON THOSE ARAB LETTERS
    94 12 AFP AMERICAN banks are refusing to handle Arab banks' letters of credit which contain a clause stipulating that they cannot be used by foreign companies dealing with Israel, It was learned here today. Informed business sources said in Amman, Jordan, the American ban has been
    AFP  -  94 words
  • Article
    Lock icon $ buying smacks of self-interest
    584 12 buying smacks of self-interest Reuter THE PURCHASE of over US$4O billion worth of American currency (over Ss92 billion) in 1977 and the first quarter of this year by industrial nations appear to have a protectionist bias. This was the opinion of Mr. Rlmmer de Vries, vlcepresldent of Morgan Guaranty Trust
    Reuter  -  584 words
  • Article
    Lock icon Geneva results won't please all
    348 12 Reuter SOME developing countries are bound to be dissatisfied with results of negotiations going on in Geneva for freer world trade, even though they stand to gain In many ways. Ambassador Alonzo McDonald, head of the US negotiating team, told a private meeting of business
    Reuter  -  348 words
  • Article
    Lock icon OIL SHORTAGE FROM 1985
    286 12 AFP THERE WILL be a world oil shortage In the latter half of the next decade, says Japan's Natural Resources and Energy Agency. In a recent report to an advisory body for the Ministry of International Trade and Industry, the agency said the non-communist world currently
    AFP  -  286 words
  • Article
    Banks' assets take a dip
    170 12 BANKS' total' assets In Singapore fell slightly in April to $18.6 billion, according to the latest figures Issued by the Department of Statistics. This was about one per cent less than the month before, when the assets were $18.8 billion. The main cause of this
    170 words
  • Article
    Hands that turn the wheels of the economy
    236 12 "USE TOUR hands" can, with Imagination, mean much more to students than the drudgery of cutting hedges and sweeping floors. "Windows can be opened in the minds of the young." said Senior Minister of State for Finance Goh Chok Tong, "if they
    236 words
  • Article
    Bonn lines up more aid for LDC projects
    789 12 GERMANY'S Ministry for Economic Cooperation Is planning a scheme to Increase project assistance for the better-off group of developing countries through a co-financing scheme in cooperation with German Banks. The proposal foresees the ministry and the banks providing a mixture of government
    789 words
  • Article, Illustration
    United Chase boosts aid to industry
    484 12 UNITED Chase Merchant Bankers will give more assistance and support to commerce and Industry In Singapore. It will also play an Increasingly important role in developing the local secondary market for CD's and other financial instruments. Outside Singapore, the bank will play an active
    484 words
  • Article
    Lock icon Impressive rise in Taiwan's trade
    206 12 AP TAIWAN had a trade surplus of U*****.8 million (881.18 billion) for the January-May period this year, an eleven-fold rise over the 846.1 million surplus In the same period a year ago. The directorate general of Budget, Accounting and Statistics mid total trade for the
    AP  -  206 words
  • Article
    Lock icon Canberra ready to take on the EEC
    341 12 Reuter AUSTRALIA yesterday threatened to take action against Imports from Europe unless the ninenation Common Market breaks down barriers to Its agricultural exports. In a blast at the European Economic Community Deputy Prime Minister Doug Anthony accused It of having an Insular and
    Reuter  -  341 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      116 12 MTTTi- V LXiM //< > Ask around. It's no BU ICflfeflECC secret we're a DIIMNEN favourite with businessmen from the world over. We have all the facilities and expertise to satisfy conscientious and fun-loving businessmen. Full convention and banquet facilities, 300 luxurious rooms and suites, delightful Swiss, Japanese and Chinese
      116 words
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  • Article
    SHIPPING TIMES
    2592 13 gCHEDDLE A guide to ships loading at Singapore for Ports around the World The following lUt 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 CMWttaM SeuOateh hut Joint Mr macoMat
    2,592 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      451 13 Scan Dutch 9 Fast and Regular Service To/ From N.C./SCAN/W.MED7Ai.K. Singapore: Tel. *****, Port Ketang: Tel. *****1. Kuala.Lumpur T ei *****, Penang: Tel. ***** SHIPPING STRAITS TRANSPORTATION PTE. LTD COMPANIA NAVIERA MARASIA, S.A. .11 IW 7 if' i II L I I nDH FAR EASTAFRICA SERVICES CONTAINER SERVICE ETA SPORE
      451 words
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      Page 13 Advertisements Column 2
      494 13 rv > St i -ufS'S _B:,rV J S««»)AH SHIPPING < S PTE HO o*lfN!«L SHIPPING CORPORATION Floe Aheng Hot Bid* KUALA LUM p US TEI *****' St S po'e ISLAND CARGO hANOUNG Hi *****3 *****" ***** C P{NANG T£i slOg 1 S Secrtrain Lines Inc (U S A Trans-Pacific Service
      494 words
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      Page 13 Advertisements Column 3
      334 13 0.l EVERGREEN LINE KEGULAR REO SEA LINER SERVICE ETA S PORE EVER HARVEST l a n 20 VOV 16-06W EVER PROMOTER »«»Y 13 VOV 1 M6N EVER PIONEER Ami 12 VOV 11-1 CM GENERAL AGENTS: CHIP LOADING FOR JEDOAH, AQABA, PORT SAJD, LIMASSOt JEDOAH. AQABA JEDOAH. AQUAM CHIP SENG COMPANY
      334 words
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      Page 13 Advertisements Column 4
      383 13 EVERGREEN LINE (EVERGREEN MARINE CORPORATION FAR EAST/BED SEA, MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE •ISO ACCEPTIM CMGO FOkCOMM. LATTMIA, KNOT. ALEXMOMA. MNMM2I. TMPOLI (UtTA) Span 'MM NftUi Umhiil UtfMm lirtHiw GREEN BLESSING IMr MMy 17 M> »Mr 24 My 2* My 77 My OE« MNDSOME 24 My 7M| II M|
      383 words
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      Page 13 Advertisements Column 5
      25 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore: Tel. *****. Port Keiang: Tel. *****1. Kuala Lumpur Tel. *****. Penang: Tel. *****
      25 words
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      590 14 SHIPPING Fliur CONTAINERISED TO EUROPE BPRBS COWOITIONAL TO EUROPE Span PJUmiNu Mi M* 13/1 10/; n II 30/6 2/7 31/ MMHi 16/7 11/7 IS/! MM* 29/7 31/7 27/1 10/7 2/7 31/7 20/7 11/7 15/8 fi/S 31/7 27/1 16/8 12/8 28/8 18/7 16/7 13/7 15/7 7/8 10/8 2/8 5/8 24/8 22/8
      590 words
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      Page 14 Advertisements Column 2
      752 14 ZZ SANKYO line! AUSTRALIA SERVICE PUm SingapMt iMtfMitw: SEA HOOK 14/15 fcM 11/17 Jmr FIE. ISO. MEL MAT PRINCE lVliJm U/14 km WS.SVV.MCL THREE STAR 29/39 km 27/21 law AOC.MEL.SYD DIAMOND STAR »/H J* S/tMr AOC, MEI^STD. BANGLADESH SERVICE MAY SKY 11/19 JULT IC/17 JULY CHITTAGONG, CHALNA MATSKV GENERAL AGENTS
      752 words
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      Page 14 Advertisements Column 3
      428 14 U.SJL/ ASM SERVICE NT KFMCMTVD CONTMNU SERVICE SMUM HOT KMOWI FOB WnMA 401H FLOOR HONG LEONG BLDG 16 RAFFLES QUAY SINGSPCRt Cjstome Service Bootunj 122^222 T erniinjl ?S 7113" 5&909T0 I FULLY CONTAINERISED SERVICE Go om better to the Middle East PtIORITY BERTHING ft DISCHARGE AT ALL PORTS Y'HAMA KOBE
      428 words
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      Page 14 Advertisements Column 4
      697 14 Everett Lines/ 'BURMESE NATIONAL LINE" UMI rot rmooon B F SS C Agarm m Moloyvo TEPS MALAYSIA Port Kekmg T«t (36>-7355 Ptnong T«l *****/6736? 1 "ARGENVINTNATIONAAfNE" LOADING FOR DURBAN CAPETOWN. BUOWS AIRES IrtalMi Pwiaaf PA ARGENTINA 22/23 MM 24/2SJBM 24/27 MM CyA Transpartadon Maritima Maxicaaa S. A. "MEXICAN NATIONAL LINE"
      697 words
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      Page 14 Advertisements Column 5
      404 14 I YRDINI SAIU/Vq TSf. Orient Overseas ContameA. Line (VIA SUEZ) oaamiCMPM ivt >v* .1 tUH MM Mi 21/1 22/0 omcntm. kxmcnei m n/t n/t 'cmMua nun. ua w V HCPTMf COMIM It/r 12/7 iKfiMi poub. mi nn a/7 cwMuaavEM n/7 nn MMMCOHTMniM VI VI *4 IN ROM OORTMNEI IK Mf
      404 words
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      Page 15 Advertisements Column 1
      864 15 OCL Overseas Containers Limited y I Ulfc trr, r bra 71 m n m it m im m M |M«Mllh|ni« llhilltl* Ilk| 4 km im N4 *<« <•<« »N Km 111 it Jta| II i« ism IM <I«I Nk| It k| IIUH UW HM SERVICE FNM N/CMTIKNT: i* H'burg Breia.
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      Page 15 Advertisements Column 2
      785 15 Ben Ocean A/art service cf Ben Line Blue Fhnnd Glen Lvie and NSMO ra H/CMTwnr (*<« M DM tnww p. Rating r«wn( («w KnUMCI UM toft/1* MM My LiUHHi. TilWr*. Hall MRONTIS IS/IT MM a/a Jaa* 21/ a Jaaa 17 Ml Oilkao. Must. OvMin. Ml Liverpool. OEME ARB 1/ 4
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      Page 15 Advertisements Column 3
      769 15 BEN LINE K niu rat mmmm imn niM mwwi umu a ami (MOM* UT S tal| IMI ■KM* fIPMU 14 Ml MMI TWYI UT II Ml nMI 3 S3 km n ui *m n tm Salt }UJ S3 [3 BEN ASIA CONTAINER SERVICE EXPRESS STMITS/lWa/STMJU CBNTAINER SERVICE S porr r.
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      Page 15 Advertisements Column 4
      959 15 Scan Dutch V NENT/SCANDINAVIA f teiant W«I S tort u Mstilias 2 Mm X Nkatf 4) i*ara to M Ml KJIMA 11/ t 1/ J It/ I 15' 2 TtTAMA 71/ H/ 1 W I 11/1 7 It** P *mn« vessel CUMMU to lad til HJIMA futMu a/ n FRAttC.SCA
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      Page 15 Advertisements Column 5
      445 15 1 GUTHRIE BOUSTEAD agencies THE BANK LINE LTD Jii< LYKES ORIENT LINE 353 SINGAPORE P***** PT ffLANG *****1 KUALA LUMPUR ?0 37 1 1 Pf \A\C, 3b?301 Ktiui WWMBT sonnet FESCO LINES FESCO STRAITS PACIFIC LINE m» wane rmtr > smtr »tsr S r*'« P. Klanf hw* Tmeni SilM/Hkr mA.
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      920 16 K LINE KAWASAKI KISEN KAISHA. I.TD. ORIENTAL CHIEF NT SEVEN SEAS UIKE IfW OMENTAL RESEARCHER 2W CHEVALIER PAIR. 11V M* SUEZ) »r CwrtMtr Vessels to nrnon S'aore P. Kelang I.Havre H'burg Bremen R'dam A'*e( IS Jm It tat SMy 7W» IMy 8W» 11 M 21 Mm 271 m: 11 My
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      Page 16 Advertisements Column 2
      1055 16 E. C.-U. S. A. I ATLANTIC/GULF SERVICE uceptim FCLin cmiiikb fan rmc. e. sum. ruui us** f*: »Mfou hi ran. m* mums. mmtrm. S.Apoo<« f. Kiiaftg t*m» ii" ii/i> mi it/a Mf 71 n )«if N/« mm E.C./GREAT LAKES SERVICE lM** Mr: MIFILI. MW VRM. MMTKAI. TRMMTR. UTIMU. lIT WIT.
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      Page 16 Advertisements Column 3
      709 16 NEPTUNE ORIENT UNESLJD •FULLY CONTAINERISED SERVICES: n ENOPE (VIA SKS* S'port Shw»» HMr* Brm MHENTAL CHIEF t .S In* 11 Mm IMy IMy BM| .inn SEAS NIKE <1 Ma* 22 Mm SMr M*l MENTAL lESEABCNEI 21 Jbm 21 Mm II UN 29 My 21 Mj IPEVALIEI PAW. 5My IMy 21
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      Page 16 Advertisements Column 4
      510 16 MM MALAYSIAN mWmATtOHAL St*t>HNG CORPORATION BfKHAD EXPRESS FULLY CONTAINERISED SERVICE TO/PROM MED/UK/CONTINENT/SCANDINAVIA VIST BMM: aim Mcwtiai immimi urf ta laa(*aat i mm. EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT Mw» f. te'Mt p iw| LiXiq Mr MM* MIUTI 14/ M MM 11/11 MM Htwr( 1/7. C4.WISO* »,-7. Waai 14/7. Bm«n 17/7. Ntarf
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      Page 16 Advertisements Column 5
      446 16 INTRASEA (PTE) LTD. it RCMUI INREPENIENT SEMI/FILL CINTAWER SERVICE II EMK 3 ib -k Kansai Line STRAITS/AUSTRALIA SERVICE S'mfipore P. Kela«f laaftf fcrs SONNY STMCY V. IA Htw ISMn Br tsbane/Sydney Melbourne Aoeiir*. FORTNNEI V. 7 17 Mr MMf <0-=.. ALPAC LINE SOUTH AFRICA SERVICE S'jore P. Ketone Penang Loft*
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