The Business Times, 15 June 1978

Total Pages: 16
1 16 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 218/1/78 THUBSDAY, JlflfE IS, IV7B SOCENTS
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  • BRIEFLY...
    • 93 1 Reuter LONDON, Wed. Britain's Labour government today faced a possible parliamentary defeat which would force an early general election. An emergency Cabinet meeting decided that a censure debate tonight on the government's handling of the economy should be a vote of confidence. Prime Minister James Callaghan hoped
      Reuter  -  93 words
    • 51 1 AFP JAKARTA, Wed. Indonesia and Switzerland today signed an agreement allowing their airlines to land In each other's country. Indonesia's Oaruda Airways Is stopping over In Zurich on Its way to Brussels from Jakarta. Qaruda Is now flying five times a week to Europe, via Jeddah and Zurich.
      AFP  -  51 words
    • 67 1 UPI LONDON, Wed. Bank of America remains the world's No.l bank In terms of financial strength and resources, according to Banker magazine. Second place in the top 300 banks Is still Citibank. European banks, however, have made significant gains. Deutsche Bank, Banque Natlonale de Paris, Credit
      UPI  -  67 words
    • 63 1 AFP MANILA. Wed. The Asian Development Bank has granted technical assistance for a regional seminar on appropriate technology and smallscale Industries development to be held at Its headquarters here from July 10-15. Senior officials of finance Institutions and government ministries from Afghanistan, Bangladesh, Burma, Indonesia, South Korea, Malaysia,
      AFP  -  63 words
    • 81 1 AFP JAKARTA, Wed. Indonesia's real income from export revenue has declined by 19 per cent during the past three years because of the fall of the US dollar, Mining Minister Dr. Subroto said today. Most of the declining purchasing power came from the fact that oil exports, counted
      AFP  -  81 words
    • 67 1 Reuter PARIS, Wed. Australian Prime Minister Malcolm Fraser said here today he would press for further discussions with the EEC over Australian demands for freer access to Community markets during the multilateral trade negotiations In Geneva. The Commission recently rejected Australian demands for early assurances of greater access
      Reuter  -  67 words
    • 47 1 UPI NEW YORK, Wed. Prices moved sharply higher In active trading early today. The Dow Jones industrial average was ahead 5.11 to 862.08 shortly before 11 a.m. Advances held a strong lead over declines, 880 to 271, among the 1,593 issues crossing the tape. UPI.
      UPI  -  47 words
  • Chief Price Changes
    • 118 1 Rises Most actix 'e Sentoaa Sunfei Beai EN* Pan Electric Duniof lad Tuik Cement DunJop Eat UA?"" MaUyawata 9tn Chew 200 620 314 192 396 293 366 320 n 290 297 +20 19 12 +9 +8 +8 +6 +6 +6 +6 +9 Pan Electric 408,000 UOB 319,000
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    • 141 1 Rites Most active Sentosa 2.00 +.16 OCBC 241,000 Acma Malayawata +.18 +.11 8 Darby Pahang Con* 228,000 117.000 Sg. Betl Magnum Corp S. Dredge Tractors 8.30 3.30 4.90 +.10 .06 .06 UMW 171,000 Total Turnover: 3.66 m 4.94 .06 Tout Value: MOO. 19 m M Weaving A.
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  • 793 1  -  TIME FOR STOCK-TAKING B* COLIN CHEE in Pattoyo ASEAN countries can only have a broader and more meaningful relationship with third countries provided they achieve a certain degree of economic Integration. Opening the Uth Annual Asean Ministerial Meeting yesterday Thai Prime Minister Krlangsak Chamanand said
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  • 241 1 THE Prime Minister Papua New Guinea, Mr' Michael 80mare, will make an official visit to Singapore next month at the Invitation of Mr. Lee Kuan Yew. This was disclosed yesterday by Mr. Ebla Olewale, Papua New Guinea's Minister for Foreign Affairs and Trade, who is
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  • 45 1 THE Asean-Unlted Statee dialogue In Washington has been set for Aug 3-4. This was agreed to by the Asean delegations during yesterday's closed-door plervuy session. The dialogue will be conducted at ministerial level, said Dr. Carlos Romulo, Foreign Minister of the Philippines.
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  • 849 1  -  •f SOH TIANG KENG THE FOCUB is on the work! when three Prime Ministers meet In Kuala Lumpur this Sunday for a mlnl-summlt. Issues on world trade, protectionism, NorthSouth dialogue and the Common Fund for promoting price stability In primary products will
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  • 293 1 ONE, TWO, THREE KS MINISTERIAL dodaloaa uditotaaUeukiMWwhat eoafuaiag at tiaM. Noa« ia our oxporioaco "oro iKwfariai thaa tho rifly mad* la ParlUmont yootorday by tho Ministry of Culturo, to a quoatioa <ita«lf equally puoliag ia both 1U iataat •a* jto ooatoat) from Mr £•0 Cboo Kok, thm momrbor tor Doha.
    KS  -  293 words
  • 168 1 THE MALAYSIAN government has announced tax redactions on imports of gold bullion, loose diamonds and other precious stones to help local goldsmiths and diamond merchants. Merchants and dealers here said the Malaysian move has no effect on E Singapore as there is no
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  • 60 1 UPI THE deterioration of the US dollar bu created new and unweleeme pressure on Opec 4o solve the problem of oil pricing. The decline and uncertain future of the dollar has also triggered concern In the International monetary community over possible counteractions by Opec members, Jahanglr Am
    UPI  -  60 words
  • 542 1  -  Jy TERESA LIM THE Government intends to remove Import duty on manufacturers' samples to facilitate trade. Manufacturers' samples will therefore be treated like trade samples now, on which no import duties are levied. Moving the second reading of the Customs (Amendment) Bill, 1078
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  • Page 1 Advertisements
    • 4 1 AKAI SEE THIS PAGE
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      120 words
    • 51 1 mm SHIPPING TIMES CANADIANS TT S Kflw J M* BOUBTEAD ekvti Its win u 2 COCKPIT Mtieiw Nndvlllki u B'M IMPERIAL BMWMot fkoM u IRAN'S Iblmhl dimmmkm m IMPERIAL B—flll— tmom C y..• CEOBBWOBDB 1. MEMOPAD AtKCSAPT SCHEDULE C. TV BADIO —TOW 7. RIAWS IN THE WIND T. BHABE PUCES,
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  • TRADE AND INDUSTRY
    • 379 2  -  «y JOHN LIM THE AUSTRALIAN-Aseani Conference on Industrial Cooperation, organised and financed by the Canberra government, will be attended by 125 Asean delegates and representatives from some 200 Australian companies. The main theme will be on Investment opportunities in Asean for Australian businessmen. Senior
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    • 152 2 THE FIRST meeting of the Interim Executive Committee of the Asean Chamber of Commerce and Industry (Asean-CCI) will be held here tomorrow, with the Singapore Federation of Chambers of Commerce and Industry (SFCCI) as host. On the agenda will be the Asean-CCl's future relations with
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    • 396 2 A CANADIAN trade mission from British Columbia province Is In Singapore to court local construction and engineering companies Into forming Joint-ventures for construction projects In a third country. Leader of the eight-man team is Mr Dennis Loader who is with the British Columbian Ministry
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    • 179 2 THE COLD Storage group of companies hu organised t scholar*hip scheme for children of its staff as pert of its 75th anniversary celebrations this month. There will be three scholarships for the secondary level; three for pre-university and one for university level. Financial background as well as
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    • 478 2 AFP UPI MASSIVE rises In Australlan beef MIMI have alarmed two Country Party minister* of the Federal Liberal/ Country Party coalition government. The Minister for Primary Industry lan Sinclair said yesterday that beef export to the United Btate* should not m*tn higher prices for the
      AFP; UPI  -  478 words
    • 111 2 A SIX-LECTURE cntm on •task aarkat iimlawU will be conducted by the departmeat af extramural ■todies of the Uahrenity of Slagspors Am July 3 at the DBS Theatrette, DBS BuiMiag. It will be wdaded en Mondays aad Wedneedayt baa *1.30 pa to 8.60 pa by
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    • 316 2 A METAL Industries Research and Development Centre and a Electroplating, Press work, Welding and Development Centre will be set up by the Japanese and Malaysian governments at the Standards and Industrial Research Institution Malaysia's Minister of Science, Technology and Environment, Tan Sri Ong Kee Hul said. A
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    • 301 2 AFP THOUGH world forestry potential points to a surplus, some developed regions, particularly Japan and Western Europe, will face Increasingly severe shortages. In a communique issued at the end of Its fourth session in Rome, the Forestry Committee of the United Nations Food and
      AFP  -  301 words
    • 233 2 ALL FOR A good sleep, we have sheep-counting, pills and now magnetic pads. These "SleepweU" pads are marketed by Tal Tong Kim here. They are actually flexible barium magnets covered in plastic. According to Mr. Patrick Llm managing director of the
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    • 33 2 BRAZIL plans to cut on goods imported by ttis government for Its own use. by U***** million (SMO6 million) from 11.2 billion budget for this, to help balance its trade account.
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    • 114 2 Reuter THAIC/TND'B Porefgn Trade Department extended the shipment pestod of two lots of rice, totalling 100.000 tonnes by one month to enable rice exporters complete sales to foreign markets. It said the first lot.af 50.000 tonnes, which waa to have been shipped by the end of the
      Reuter  -  114 words
    • 140 2 FOREIGN-BASED companies should employ local citizens as chief executives i In the countries they are i operating. Speaking at Exxon's Public Affairs awareness" i seminar in Hongkong, Slme Darby chairman, Tun Tan Slew Sin, said a local would understand the feelings of i the government and
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    • 294 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 strategies, SIM, SIM June
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  • Page 2 Advertisements
    • 497 2 Wake up exhausted? Sleep Deep Without drugs The SLEEPWELL Magnetic Pillow helps you to have a restful sleep You wake up ready to go l The SLEEPWELL Magnetic Pillow works on a static magnetic field principle Gently relaxes you No batteries and electricity is required You just rest your Magnetic
      497 words
    • 63 2 Unique Investment Opportunity A new industrial building, in an industrial area of district 13, with a monthly return of approximately $90,000/- is now being offered for sale. This building has a total floor area of about 190,000 sq. ft. Selling price is fixed at $65/- per sq. ft. 0.n.0. Interested
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  • Page 2 Miscellaneous
    • 633 2 TWO-IN-ONE CROSBWOBD I CRYPTIC PUZZLE ACROSS 4 Oo over, due to a fault (8) 7 Order something to eat (In bed?) (5-3) 8 Twin Croats, possibly (8) 10 One embraces a girl, being sheepish (5) IS Break a bit (4) 14 By whom Annie Is no end upset (4) 15
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  • OVERSEAS
    • 980 3 AP WESTERN industrial nations must push their present low domestic energy prices to world market levels as rapidly as possible. This Is the recommendation of a task force headed by former US Energy Administrator, John Saw hill, and set up by the Trilateral
      AP  -  980 words
    • 379 3 Reuter BANK of Italy currency purchases have raised Italy's convertible currency reserves to new record levels of around US$B.5 billion (Ss2o billion). Currency dealers In Rome said quickening currency Inflows from tourism and sustained Industry borrowing in dollars. In preference to costlier lire, have
      Reuter  -  379 words
    • 163 3 AFP AN expert from the International Monetary Fund (IMF) will soon be appointed to the board of Zaire's central bank as part of the package recovery deal being offered the African nation, chairman of the Brussels conference Andre Ernemann said on Tuesday.
      AFP  -  163 words
    • 176 3 Reuter THE entire working population of the French Islands of St. Pierre-Mique-lon off Newfoundland's south coast went on strike on Tuesday to protest against alleged lack of action by Paris to improve their economy. The Canadian Press News Agency said a fish plant employing 300 people,
      Reuter  -  176 words
    • WORLD IN BRIEF
      • 482 3 Agencies WORLD sugar market prices could fall to six US cents a lb (0.5 kilo), and perhaps as law as five cents, before the year-end, If the International Sugar Agreement (ISA) Is not fully operational by then. Several sugar trade and brokerage house sources In
        Agencies  -  482 words
    • 251 3 Reuter TOTAL m« international bond issues last year reached a record USs34.*4 billion (5580.5 billion) compered with 534.30 billion 14 1578.' For the first time since t*S US removed controls on capital outflows Eurobonds exceeded foreign place* ments in national markets with issues tots
      Reuter  -  251 words
    • 372 3 UPI THE United States says It opposes proposals for a food cartel but will stockpile grain for global emergencies. "The United States would not support a monopoly of production and sale of food," Secretary of Agriculture Bob Bergland said on Tuesday after the
      UPI  -  372 words
    • 289 3 AFP THE LATEST round of talks In London regarding a new International wheat agreement are likely to end successfully though dlffl-. cultles still exist, well informed sources said yesterday^ This opinion, being aired In the corridors of the International Wheat Council as it enters
      AFP  -  289 words
    • 80 3 SAUDI Arabia and Taiwan signed a technical assistance agreement on highway construction yesterday. The agreement was signed in Talpeh by Dr. Ansser Mohammed AK Salloum, Saudi Vice Communications Minister and his Taiwanese counter- put Mr Chen Bhu-H*. Dr Al«Salk>um Is currently on a visit to Taiwan. He •rrtwd
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    • 1049 3 FEDERAL Reserve Board Chairman William Miller said both US inflation and the current account deficit should move on to a declining trend by the end of the year and this should be taken positively by exchange markets. Mr. Miller disclosed this after addressing the
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    • 247 3 Washington Star THE CARTER Administration's inflation fighters have sharply criticised proposed standards being compiled by the Department of Labour (DOL) that would give executives and managers on the lowest •economic rungs a pay increase of about 45 per cent. In a 13-page study
      Washington Star  -  247 words
  • Page 3 Advertisements
    • 787 3 The First National Bank of Chici Incorporated with Limited Liability in theU.l Head Office: One First National Ptaza,Chicago, Illinois *****, USA. Singapore Branch: ISO Cecil Street, Singapore 1. Tel: Subsidiaries of First Chicago Corporation The First National Bank of Chicago. AFSA Data Corporation First Capital Corporation of Chicago First Chicago
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  • RAW MATERIALS
    • 530 4 OPENING prices yesterday were marked up 2.80 cents in the Singapore rubber market following higher London advices. Prices rose further before upcountry selling and profit taking emerged to pare the gain slightly. However, the market recovered again after mid-day on fresh buying, Influenced by higher Japanese
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    • 300 4 R.A.8. prtcaa in cents par kilo jeeUrday. Noon (p«r Ulo) Buyer* Sellers Int. 1 R.8.8. prompt f.o.b. 229.00 230.00N Int. 1 R.8.8. July 229.90 230.00 Int. 1 R.8.8. August 230.00 230.90 Int. 2 R.8.8. 220.00 221 00N UK/Cont. 219.00 220.00N Int. 3 R.8.8. 217.00 21S.00N UK/Cont. 210.00 217.00N
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    • 88 4 NOON 8SR m<3 SMR'prtces yeatertay: Jaty Augvat ■AS (Car Rpyww real Mth) Mlera (Forward Mth) tapwkg) (<* ■taper kg) SSR20 (1-ton Pallet) 212.00 214.00N 213.00 215.00N SSR SO (1-ton Pallet) 210.00 212.00N 211.00 213 00N M.R.E.L.B. SMR 5CV( 1-ton Pallet) 239 50 241.SON 240.00 242.00N SMR5L (1-ton
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    • 22 4 Robbar: Jbm 14 ""RFSU— July 237.M mbU «4.75 Mate) Mi 1,748 <o» 127) Official oAtlai: 244 tonnes (down IS t)
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    • 352 4 CONDITIONS steadied yesterday after a decline earlier in the week on the Singapore produce market. Cfcffee prices held at their overnight levels in light trading, in tandem with the London and New York markets. There were no changes In the prices of coconut oil in the Philippines, and
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    • 371 4 ROBUBTA futures yesterday ended the moraine opening call In quiet and slightly steadier trading In London. Gains of between £17 and £5 per tonne were recorded against Tuesday's cloee. Turnover was 111 lots. Values edged higher slowly during the opening session on trade and dealer buyer which found sellers
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    • 215 4 THE BtMAITS peicc in Penang jyesterda* rose a further 4«27 per plcul on an official offering down 15 tonnes to 145 tonnee. f- In LONDON yesterday, tin continued the advance and closed the morning with, gains of £55 for can and £90 for three months jtan- dard. High
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    • 192 4 BANGKOK prices were quoted unchanged from Tuesday's: jf IB us ionm pw umne F. 0.8., baais Bangkok) -V RWMttitoK 100 pet lat daaa 441. 100 lndckaa4l7, 100 pet 3rd class 422 Et 413.10 pet 400.15 pet m. 10 pet JT. IS pet ST7. M pet unq. Btataa: A-l super
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    • 205 4 FUTURES yesterday opened as expected In very quiet trading and ended the .opening call unchanged to £9.5 lower In London. In later trading, these Initial losses were erased, but volume remained small and the market lacked feature. The physical market was also quiet with producers not pressing sales and
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    • 170 4 THE 8UOAR futures market yesterday closed US 0.10 to 0.2S cents lower In quiet trading, with 20 lots traded against 16 on Tuesday. The Hongkong dally spot sugar price eased 0.15 to 7.15 cents while net open positions after Tuesday's trading totalled 39 lots. 8UOAR futures closing prices
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    • 189 4 YARN and cotton tn Hongkong dollars, root ex-godown Cettea Tar*: Cnlna Blue Phoenix 20* 1.720. 32* 2.180, 40'* 2.240 (per bale of 400 Iba). Hm Geate: China Butterfly and OVobe Brand unq, Dragon Head unq. Five lambs unq. Rower and Butterfly unq. Plying Oeeee unq. (per piece 30
      189 words
    • 110 4 SOYBEAN futures fell under late selling pressure on Tuesday, to finish the session at the day's lows. Losses of eight to 0-14 cents a bushel were recorded. Light fanner selling and firmness to cash markets lent support In the early trade and the market displayed small gains. However, prices
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    • 109 4 WHEAT futures showed small gains In most months at the close on TuesdayJuly finished with a fccent loss while other months ended Vfc to 1W cent a bushel higher and towards the high end of the day's three-cent trading range. The market found some early speculative support on light
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    • 37 4 staled. f LONDON: T 1 j Hi 111 tonn* Aucuat uaeli MO* BMiMtri X> ffm JUM JJr SwotS"" uaeh ■nab SS3lfip< WTftMMpd m*,pd 553* 22 587.4# pd SSpSfftflfc butt ttg bw iuham UBQ »*JL# p*
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    • 286 4 COPPER wlrebars in London finished the moraine m losses of £5.5 for, cash and £5 for three months yesterday. Values dipped on the sarly pre-market following the New York close, but the tower levels found short* covering based on a report; of a South African troop, build-up on the
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    • 218 4 FUTURES in London yesterday ended thfmornlng unchanged to £935 below Tuesday'! close tn a volume of 1,895, Including 930 on the kerb. Values held inside a narrow range after opening as expected, with losses extending around £0.80 The LDP was reduced £1 on tonerto £96.5 and the LDP (W)
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    • 57 4 LEAD In London yesterday morning gained £0.75 for cash and £l for three months. The early pre-market eased to £319 for three months under liquidation prompted by the decline In copper. But subsequent reports of US physical enquiry prompted some protective covering up to £322.5 in first ring dealings.
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    • 68 4 ZINC lost mostly £4.5 per tonne in London yesteruajr morning. This metal was marked down initially, reflecting the trend In copper and market talk of the possibility of other US Droducers following National Zinc's recent action of rolling back their zinc price by two cents to 29 cents per
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    • 394 4 IN THE Singapore market. the kllobar opened at 8913,829. Market sentiment was generally cautious and the price hovered around this level, throughout the trading session. It closedOlO lower at delivery, gotd opened UBOISS.OO/90. iWs was slight upward movement In the early hours of trading. "It settles down to 3183.&/80
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    • 218 4 SILVER yesterday morning rose by around 2.3 pence In London. Values were marked up at the outset of the pre-market, reflecting the overnight gains at New York. Subsequently, the market fluctuated narrowly around the higher levels, with firmness in gold and the bullion dealers fix as supporting Influences. But
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    • MONEY AND EXCHANGES
      • 481 4 THE U8 dollar eased marginally against major currencies on the foreign exchange market yesterday. There was a slight fluctuation In the yen counter In an otherwise featureless market. Against the yen, the US, dollar opened at 216.85/00 and was traded up to 217.10/20 around lunchtime. However, this slight
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    • 140 4 Asian and CD rates ASIAN currency deposit rata* u at cIom on J una interbank 14 us oa tan(«pat) 7 a*y» 71/4 7 5/8 7 1/2 71/f 77/1 7 S/4 Smttoa «l/» tll/lt lt/l( 17/1 IS/4 12mtha 15/18 a is/la •a.m. lllliSl Dm. prtoasi 11/14 37/18 i s/ie 17/ia i
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    • 39 4 HANOI •fjfflMtoffar houaaa on June 14 OwUfht Can dapoatta CMag ad by dlacount 3-month Treasury M1U 31/4 5-month a 1/1 Bank Mlla 4 T/I J-month CD 4 7/J 4-month CD 9 1/1 41/4 Source: National Discount Co. Ltd.
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    • 21 4 THE ami|« rat* at which Singapore buhl are currently prepared to load to thoir host customers is 7 per cent.
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    • 47 4 AUBTRALIA/ NZ (Z--changes quoted on June 14. AUSTRALIA: PS dollar I.ISSS/ 1.1M4 I SUrltaj O.SN/ O.SIM 252?"*?* lr u bu 7lnc mat: I SUrttnc SS44S 08 tlnfcn I .IH7 bum* rata*: usdodar* ***** NXW ZEALAND .SJ«ia*MSS*/ (MM 08 todar I.OM/ ***** Si^2¥MF-*- w«~US Mir 1 Mat
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    • 206 4 THE DOLLAR firmed against major currencies except the yen on Tuesday. The yen cloeed at another post-wax high. The Japanese unit ended at 0.4610/14 cents, or 216.82 mid-point, compared with Its opening 0.4604/07 and Monday's close of 0.4606/10. Dealers said the currency continued to be affected by expectations
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    • 154 4 CURRENCY trading was very quiet, with the dollar showing little discernible trend yesterday. The yen hardened to 216.85/ 85 against the dollar from Its Tokyo close of 217. The yen underpinned by the trade Imbalance between Japan and the US is buoyed by expectations that it will breach to
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    • 130 4 THE US dollar for overnight delivery closed at 217.00 yen yesterday, up from a 216.90 opening, but down from 217.35 at Tuesday's close. Trading was active with volume US$4BB million. No central bank intervention was detected. The dollar fluctuated between 217.00 and 217.25 yen In light late trading, after
      130 words
    • 128 4 THE US dollar yesterday closed easier from New York's closing levels with much European Interest In the market and some profittaking. Dealers said the dollar fell slightly to 210.05/75 yen from 210.75/00 In New York and from Hongkong's 217.40/50 close on Tuesday, and to 2.0622/32 marks from New York's
      128 words
    • 58 4 ZURICH exchanges closing quotes on June 13 US: IJM7/ SWT. UK: S.4TSS/ 47M ommmu i .(Mt/ men w«et Oeriiaaf: MUM/ (Hi NertiertanMk.TTK/ St. rrance 41.MWMM Beioei ea IJOM/ (MS n—n; turn/ mm Norway: 36 0(33/ (Sl( Se idn MfTM/ rw iuir i.aa mm Mttltsa MM PnrtMEl 4.14>4/ IMT Spate:
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    • 26 4 FRANKFURT exchanges opening quotes on June 14. oasMit/w qui iwrvn str iis.m/is LA Z.4IS/4M rtmm/m Mb MM/M Bfr con (.374/3(4 Btr (In 0.35/37 Ten MH/V
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    • 62 4 Euro rates FIXED dated Eurodollar deposit rates hardened slightly from opening levels yesterday, while day-to-day rates were unchanged. ■UROOBPOarr open** quotae on June 14. OS dollar* Overnight 7-0/U 7-7/ l( Seven day* fix and aottee 7-11/1(7-|/1| One mm 7-1/1 7-S/S Two mthe 7-7/S 7-3/4 Tlww Mho s-l/0 eHK m mttm
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    • 36 4 THE MONETARY Authority of Singapore invites banks and discount houasa to tender for 880 minion 81day Treasury bills to be issued (torn June 18 to O. Each tender must not be leas 8180.000.
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  • Page 4 Advertisements
    • 143 4 Mathematics and Statistics in Penguins Statistics in Action: Peter Sprent This book is intended to interest the general reader who wants to become familiar with this subject, as well as a prelude to further study and a complement to formal elementary textbooks for those who wish to go to statistics
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  • TRANSPORT
    • 209 5 UPI ATTEMPTS by striking Northwest Airlines pilots to revive six previously closed issues would cost the airline an additional US$7.3 million (8916.8 million) during a 3-year contract. Northwest has been operating on a limited basis since Its 1,550 pilots struck on April 29.
      UPI  -  209 words
    • 99 5 Reuter LEHMAN Brothers Kuhn Loeb Inc and First National Bank of Chicago will head a syndicate planning to offer U5595.6 million (8*219.8 million) of US government guaranteed ship financing bonds, being offered by Wilmington Trust Co. The offer, designated LNG Capricorn issue, will tentatively consist of
      Reuter  -  99 words
    • 54 5 AFP LIBERIA and South Korea concluded a bilateral air services agreement. The agreement was signed on Tuesday by Llberlan Deputy Minister of Commerce, Industry and Transportation, Sumo Jones who arrived in Seoul on Monday for a three-day official visit, and South Korean Vice-Minister of Foreign
      AFP  -  54 words
    • 917 5  -  »r WANG LOOK KEAH CLASSIFICATION societies face the danger of falling standards as the pressures of the shipbuilding slump Intensify competition among these societies. Mr. R.A. Husklsson, chairman of Lloyd's Register of Shipping said It Is likely that classification societies may resort to cutting
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    • 310 5 Reuter THE MAN who revolutionised cut-rate trans-Atlantic air travel with his New York to London Sky train, Mr Freddie Laker, announced on Tuesday a new service between Los Angeles and Britain to begin on Sept 26. The fare of a one-way flight from London to Los Angeles
      Reuter  -  310 words
    • Article, Illustration
      348 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Baoshan (1100) 46 Bengloe (after Ibn Havvan) 33/34 Olorlous Trader (0600 after Fujihoshi Maru) 13/14 Golden Eastern (0600) 22 Havana Maru (1800 after Centaur) 44 Nachl Maru (1700) 40/41 Southern Mercury (1100) 29/30 Star Procyon (after La Plata Maru 1c Hague Maru)
      348 words
    • 197 5 UPI ATTENTION Is firmly focused on the Boutn American grain market where Argentine shipment* continued to occupy tonnage on a regular bails. Orlonbel fixed the Rio Mar with 23,375 tons from up River Plate and Buenos Aires or to Japan In June 20 to 27 position at US$2O
      UPI  -  197 words
    • 558 5 AFP Reuter THE world'* merchant shipping fleet increased by 15 million deadweight tonnes (or 2.3 per cent) during the second hstlf of last year to a record 662.1 millions tonnee. Estimates from the General Council of British Shipping showed Liberia JMdlng the list with
      AFP; Reuter  -  558 words
    • 679 5 ARRIVALS Oparal mWmkm Local Haw Fran CPA OIA MAS OIA OIA OIA MAS SIA SIA PAL SIA TMA SAS THAI SIA MAS SIA CPA RBA SIA OIA OIA MAS CAL OIA MAS 8IA SIA SIA JAL MAS SIA OIA THAI SIA SIA THAI MAS UTA SIA QAL
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  • Page 5 Advertisements
    • 33 5 fromUM* lißivAMttte r C u V Mf 31 m 3 B M s •II »Z<».OU $19.50 $19.50 8.50 5.40 8.80 $10.96 Maury $26.50 $10.96 $19.26 $22.50 I 8.50 $153G 9JK 9jBQ 5.50 9.76
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  • 418 6 IT IS ODD to hear that the subject for discussion at the mini-summit conference between Singapore, Malaysia and Australia, is to be world economics. Ideas may be exchanged as freely as they please on the current state of the world economy, but it cannot be
    418 words
  • 222 6 REPORTS THAT American corporations are finding it easier to penetrate the Japanese market are most gratifying. As an exporting nation Singapore must exult at the opportunities which exists for sending our goods to our largest trading partner. This is the first tangible sign of the
    222 words
  • 1548 6  -  •y NICHOLAS GAGE NYT A BATTLE line is being drawn up across this tumultuous land of vast oil wealth, enormous military power and mounting social unrest. At first glance, the two camps seem dramatically unmatched. On one side is the autocratic monarch,
    NYT  -  1,548 words
  • 400 6  -  By JIM MACKENZIE DESIRABLE RESIDENCE seven bedroom* airconditioning plus guest room, kitchen, food preparation and cold room, workshop, supervisor's room, record room, incubating room and brooder room. Incubating and brooder rooms? Incubating and brooder rooms are eoeentials if you happen to be breeding hunting falcons fur
    400 words
  • Page 6 Advertisements
    • 195 6 J. Havelock Road S'pore 3. Tel: *****1 ion bar presents Toto 8 His Kite The Jackson 5 of Manila Don't miss the exciting sounds of Toto L His Kids. This band of four brothers and a sister has the unique vocal style that made them the Jackson 5 of Manila.
      195 words
    • 60 6 W2M t C 9JI The latest collection of Italian fashions by WZI Par f urns from y^MISfI^RENT Sunglasses by QQ POLAROIO SINGAPORE (fTE) LTD Models from FASHION LUNCHEON BUFFET June 16. 1978 12.15 pw GRAND BALLROOM 2nd floor #15 plus 10* service charge 3% tax For reservations, call *****3 ext.
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  • Page 6 Miscellaneous
    • 60 6 OUTLOOK for Singapore from 6 a.m. to noon today: Mainly fair. Report for 24 hours prior to 7.30 p.m. on June 14 at the airport: Maximum Temperature 32.5° C Associated Humidity 55 Minioum Temperature 24.2° C Associated Humidity 89 Hours of Sunshine 10.55 Rainfall La Millimetres Nil Total Rainfall for
      60 words
    • 265 6 TV RADIO SINGAPORE 5 3.00 PM Opening announcements followed by Bird Of A Single Flight e 3.30 Diary Of Events (Chinese) 3.35 Eight Heroes of Shou Lin A Mandarin drama serial (Repeat) 4.15 Intermission 6.00 Opening announcements followed Lassie Path Of Courage (Pt. 6.30 News in Brief 6.35 Timang Tinggi
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  • 816 7  -  ■y LLOYD TIMBERLAKE Reuter •MULTI NATIONAL 'tobacco companies, their ,sales In rich nations (threatened by a growing awareness of the dangers of "dfgarette smoking, are looklhg to poorer nations to both produce and consume their products. But these companies' 'operations in the Third
    Reuter  -  816 words
  • 511 7 A NEW WORD has been coined to embrace a recent €8-million (5533.6 million) error by Manufacturers Hanover in New York "overage." Or, as one of the bank's officials put it more graphically, "Somebody goofed here." It all happened when the bank sent out, on behalf of
    511 words
  • 1154 7  -  A chicken costs the jr. equivalent of half a month's pay ly FOX BUTTERFIELD NYT VIETNAM'S economy, which lay in ruins at the end of the war three yean ago, is plagued by serious agricultural shortages, chronic mismanagement, corruption, demoralisation
    NYT  -  1,154 words
  • 996 7  -  iFOBPM^feMI ...on America •y THOMAS MULLANEY Thomas Mullaney is a m New York Times economic writer. IF ONE listens to US government economic officials, publicly or privately, give their assessments these days on the outlook for Inflation, the impression gained Is that they
    996 words
  • Page 7 Advertisements
    • 288 7 SB AOTEL ASIA 37 Scotts Road, Singapore 9 Tel: *****8 HOTEL EQUATORIAL 429 Bukit Timah Road, Singapore 10 Tel: ***** GARDEN HOTEL 14 Balmoral Road, Singapore 10 Tel: *****44 GOODWOOD PARK HOTEL 22 Scotts Road, Singapore 9 Tel: *****1 HOTEL GRAND CENTRAL 22 Oochard/Cavenagn Roads, Singapore 9 Tel: *****4 HOLIDAY
      288 words
    • 76 7 ORCHID INN 214 Dunearn Road, Singapore II Tel: *****2 ORCHARD HOTEL 2 Orange Grove Road, Singapore 10 Tel: *****1 HOTEL PHOENIX SINGAPORE Orchard/Somerset Roads, Singapore 9 Tel: *****6 PENINSULA HOTEL Coleman Street, Singapore 6 Tel: *****1 RAFFLES HOTEL 1-3 Beach Road, Singapore 7 Tel: *****1/***** SHANGRI-LA HOTEL 22 Orange Grove
      76 words
  • Page 7 Miscellaneous
    • 34 7 BriStoW': Frank Dickens rw 5 tesaifeiM OPEJ4 TO S\J&GE^» T IOMS hS AS IT DOESN'T IMC4JL>De PACT if, U=JU u> < OONES 7 m 14 1 GoO<?Ge ORIAN e^iso&VNi'^T. NOT SO VAST fcuse. is conv.ws?
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  • INTERNATIONAL STOCK MARKETS
    • 578 8 TOKYO Source: DBS-Daiwa THK Nikkei Dow Jones Average closed yesterday vltb a moderate gain of Y8.44 at Y5.502.11. Export-related issues Including cars and tight electrical* dropped due to appreciation of the yen, although Incentivebacked issues were selectively bought. The market opened firm centring on speculatlves and Incentive-backed issues.
      Source: DBS-Daiwa  -  578 words
    • 426 8 Source: SHK Sec uTHE market yesterday opened on a subdued note in the morning following the recent corrections and the slump of the US dollar again. r Against this background was the persistent press comments "about an Impending treaty 1< between the US and China over Taiwan and the
      Source: SHK Sec  -  426 words
    • 238 8 THE market was generally lower yesterday, with buying interest, particularly from overseas, falling off after recent gains and profit-taking were noted, dealers said. JUNE 14 Cents 1NDU8TMAL8 A.C.I. IBS unch A.N.I. 151 I A PM 119 -1 Ampol Pet. 77 unch B HP 718 unch Bank NSW 900 unch
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    • 97 8 JUNE 14 Peaoa Aco)eMining 0106 unch AUuCon A Atlas Con B 16.80 >0.» Bagulo Gold 0064 +0 0002 BenruetCon. B 29.79 +0 75 BF Goodrich 18.00 unch CDCP 17.20 -0.2 IncoB Landoll .0106 UpinloB .1675 +0 0075 Martnduque B 5.10 +0.1 Meralco 14.40 unch Orient*] A Oriental B 04
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    • 136 8 JUN1 14 Bahts Asia Fibre 292 4 Bangkok Bank 360 -1 Bangkok Invest Bangkok Metropolltan Bank Bat* 710 -25 BerllJucker Carpet Intnl Charoong Thai -1 Wire 204 Dumex DusltThanl Faber Merlin First Trust 417 •11 Genera Finance 348 -12 Indo-Thal Industrial Finance Oorp 2435 -30 J And J Ho
      136 words
    • 155 8 r i.vl M uki-:Is J lUROPCAN boursesclosed generally mixed on Tueedsj In AMSTERDAM, sbait&lcea were narrowly mtxert tn thin tradlnc due to lack of lntefeet, rhieltiri Mid. Turnover on Um European Option* Exchanas fell to 4M contracts from MX on Monday, with KLM accounting for 29,
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    • 196 8 JUNE It no ABN *6 00 unch Ahold 106 80 •1 Akao 30.80 -04 AliXV mo *01 Amtu A 114.10 -S.l Amrot Back 14.30 2ZST 51.60 MOO -0* -0.6 Bote 14.00 +0 1 BonumL] .A Burhmann 163.40 13.80 -9* Byenkorf •1.00 unch CalveDelft Deiitnj t::. Ennla 163 M ♦•0.5
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    • 257 8 JUNK u m ctmmMnMM Air-Liquid* 301 -1 BSNOervaU Danone 538 -26 C8r (ThomaonCtf) 255 -IJ CieFrancaiae dea Petrotea 138.90 -0.1 Compagnle Financier* Cooipagnle Oenerale 3M -1 Credit Ponder De France 365 -0.3 Hachette (Libralrte) 214 -3 Machine* Bull *0 SO -0.3 Mlchelln (B) 1415 -4 Pari baa 150.(0 -0.3
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    • 346 8 GOLD shares were mostly lower on Tuesday towards the close in quiet trade, reflecting a general lack of interact. Dealers noted losses In heavyweights ranged to 90 cents while smaller, marginal and speculative Issues were around five to 10 cent* lower. Mining financial* were unchanged to marginally higher in
      346 words
    • 84 8 JUN* IS Lin AaK 99 29 ♦3 Aioc Oen 37BS0 •239 BWtOft «0 -3 Oentrmle 3680 -36 Fihsider UN 97 1 Oen Immob 73 J# -0 29 IFlPrl 222ft' 431 It*icementl ***** -80 IUdfaj IUlsider -a -4.5 MimcUMPl «o -3 Mar?lli Ere 283.90 -4 ♦410 Monaster! 990 39 M
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    • 198 8 JUNK u Dm Acf-TelefuAken 83 80 ♦0.8 Akao 2S80 -0.2 Alls Lcbcn 850 All* Vers 471.50 unch BASF 129 90 -10 1 Bftjr HT Wtonk >. 278 -2 Bat Vbank 311 -1 Bayer ***** ♦0.3 BBC 298B BMW ***** unch Casarlla 350 unch Chem Verw 243 +0.1 Ooipn)fnht^k 221
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    • 65 8 JUNE 11 TOBVAW MAKUT H f.m 2365 MO m ♦4 -70 10 sis '-Jy V" f Eg Dectrobtl Ob-in no-B unch 91 2015 -25 1284 -4 2445 50 3840 -25 R*1 Dutch 1870 -5 700 -2 Soc OtnBelc 1930 3134 +5 •30 2540 unch 100 2 u Mm 738
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    • 182 8 JUNE U Francs ActionsSuisse* 283 H Aiuiuisae Br 1M5 unch Alusulsae Rat. MO 12 Brown Boverl Br. 1435 10 ClteOelgyBr 1130 •S Cite Qelty PC •30 tl Cite Oejfy Rm SO* ♦4 Credit Suisse Br 2175 -6 Credit Suisse Ret 406 •1 Bektrowatt Br. 1735 16 Oeorfe Fischer Br
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    • 1139 8 NEW YORK A LATE rally •rand much of tV low incurred by stocks throotfn Tnnflsy but «u unable to art the market out of the minus column. Trading *u active. Analysts said the late strength came on speculation that money supply figures due
      1,139 words
    • 216 8 SHARE prices closed mixed on Tuesday In active trading, recovering from an earlier steep decline. The oil index was more than 20 point* after a trading resumpUon In shares of Husky Oil Ltd. The Composite Index was off 1/2 point but gains led losses 232 to 217. Closing volume
      216 words
    • 1467 8 June 13 CHICAGO Board Options Exchange volume sued to 107,878 contract* from 119,571 contract* mi Monday. OPTION JLY OCT JAN STOCK Alcoa 40 51/4 0 UNTRD 441/4 Alcoa 45 IS/4 31/4 UNTRD 441/4 Alcoa SO 17/16 7/10 UNTRD 441/4 Am Tel U UNTRD 7 NOL 018/4 Am
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    • 63 8 FINANCIAL TIMES INDUSTRIALS m Tuesday 474J Monday Week Ago 477.-T DOW JONES AVERAGE INDUSTRIALS Tuesday 856.98 Monday 856,7? Week Ago 866. LONDON DOLLAR v PREMIUM Tuesday 114W to 114* Monday 113W to 114 H.K. BANG SENG Wednesday 528SC Tuesday 513*7 Week Ago ***** SYDNEY INDUSTRIALS Wednesday 427.51 Tuesday
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  • Page 8 Advertisements
    • 238 8 HISTORY OF THE l/ORL 'CUP sISIKSL :V~ The World Cup has always been a fascination. There is never a sure winner in a particular match, however good a side may be. So often, the truly great teams have not won the cup. The favourite Brazilians in 1950 lost to Uruguay
      238 words

  • INTERNATIONAL COMPANY NEWS
    • 1666 9 r N. AMERICAN NYT k-LOS ANQELEB: When Daylin Inc. last month made a US$62 million offer for Dymo Industries Inc. "Dymo was In the midst of 'Ifendlng off an unrequited courtship by Esselte A.B. of j Sweden It set some eyes rolling. Less than
      NYT  -  1,666 words
    • 122 9 CAESARS World Inc., which operates the Caesars Palace hotel and casino In Las Vegas, agreed to lease the Howard Johnson Regency Hotel In Atlantic City, New Jersey. It opens the way for Caesars World to operate the second casino in the Atlantic coast resort town. Late last
      122 words
    • 330 9 ASSUMING an uncharacteristically aggressive stance, the US Financial Accounting Standards Board (FASB) has made public a strong rebuttal to opponents of its controversial ruling on accounting for the costs of searching ~ror and developing oil and gas fields. For months the FASB, which is the
      330 words
    • 197 9 BBAGRAM Co Ltd ai■wmM wnihgi par ifcm ot CM (Mats far the third quarter nd«d April M «»lMt IS Mat• previously. Not profit otn* to $22.3 million agaiast 118.7 million pnriwibMMlMrflClU million (fclU million). R»nli|» par share far nlno montka woro $1.7$ ($1.87). Not
      197 words
    • 54 9 Reuter GENERAL Electric Co said It hu agreed with Honeywell Inc In principle to combine the worldwide operations of OE't information services business division with Honeywell's time sharing marketing operations In Britain, Europe and Australia. The venture will be 84 per cent owned by OE and 16 Er
      Reuter  -  54 words
    • 283 9 SAUDI Arabian businessman Mr. Ohalth Pharaon. who last week made a US$l2.3 million tender offer for a 80 per cent stake In the National Bank of Georgia, Is considering a $10.5 million investment In a Texas petroleum company Mr. Pharaon is a shadowy 37-year-old
      283 words
    • 70 9 BACHE Group would not comment on published reports that the company Is a potential takeover candidate. Bache, the parent of Bache Halsev Stuart Shields Inc. said earlier It purchased 489,300 of Its common shares In a private transaction at U5510.25 each. A Bache spokesman said later the
      70 words
    • 406 9 ASIAN EXCHANGE rate benefits to nine major Japanese oil reflners, Including Nippon, Maruzen, Mitsubishi, Koa, Toa, FuJlKosan and General, and two non-listed giants, Idemltsu and Kyodo totalled Y556 billion in the year to end-March. Of the total exchange gains, Y164.7 billion stemmed from deferred
      406 words
    • 164 9 Reuter MOST sectors of ICI Australia Ltd's business made higher profits in the half-year ended March 31, the company said. Exceptions were the Dulux paints division, ICI New Zealand Ltd and the rural division. Demand for paint was subdued, sales of agricultural chemicals were low
      Reuter  -  164 words
    • 135 9 Reuter CENTRAL Queensland Coal Associates (CQCA) expects to sign shortly a contract to supply British Steel Corp with 500,000 tonnes of coking coal a year from its Norwich Park mine now under construction. This was one of a number of moves announced by CQCA as part
      Reuter  -  135 words
    • 127 9 AFP THE South Korean business group Daewoo will build a tyre plant in Sudan at a cost of US$BO million and run it in a Joint venture with a Sudanese business firm owned by entreK>neur Mahammed Abdo bo, industrial sources reported. The plant, to be built in
      AFP  -  127 words
    • 66 9 Reuter SEKISUI Plastics Co Ltd said It plans to Invest about 100 million yen to acquire a 50 per cent stake in Canada's Tillotson Plastics Industries Ltd to strengthen business ties and cooperate in expanding the market demand for plastic construction materials both In Canada and Japan. They
      Reuter  -  66 words
    • 186 9 BRITISH Leyland Ltd met its profit target for the first five months of 1978, chairman Michael Edwardes told the annual meeting. In 1977, the company had a profit before taxation of £3.1 million on sales of £2.6 billion against a profit £70.5 million in the
      186 words
    • 76 9 JOHNSON llatthey and Co announced pretax profit of £18.87 million (£2102 million for the year ended March 31 on Invoiced sales of £427.01 million (£370.36 million). Earnings per share came to 51.9 p (61.3 p). Dividend was 7.6183 p making total of 13.61*3 p (12.3034 p). Pretax profit
      76 words
    • 266 9 EUROPEAN Reuter $URMAH Oil Co Ltd exBects to continue to lose money on its oil tanker operations In the current year, chairman Alstalr Down said. Mr Down told the annual meeting, however that action taken by the company should ensure that these loses,
      Reuter  -  266 words
    • 382 9 STANDARD BANK Investment Corporation (Stanbic). in which Standard and Chartered at present holds a stake of 67.4 per cent, has resumed its growth In operating profits, trimmed last year by the need for abnormal provisions against property commitments, and has marked the occasion by
      382 words
    • 348 9 P O loss likely in first quarter P O, Britain's largest shipping group, may have made a loss In the first four months of this year as It grappled with the Increasing impact of ttie world shipping recession on its business. At its annual meeting, the group's chairman, the* Earl
      348 words
    • 329 9 SOCIETE Generate, one of the big three State-owned French banks, la a two-for-25 scrip issue to raise Its capital to FTr 083 million. It is financing the FFr6O million operation out of reserves, which will then total exactly FTr 1 billion. In a year
      329 words
    • 73 9 BARCLAYS Bank Ltd said it to hoping to raise £66 million through Its offer for Investment Trust Corporation Ltd (TTC) and the sals of ITC to the UK Post Office Pension fund. Barclays said the offer will involve the issue of about 28 million new abaum at 800
      73 words
  • Page 9 Advertisements
    • 111 9 ACCOUNTANTS, AUDITORS, COMPANY SECRETARIES, MANAGERS, ADMINISTRATORS, BANKERS, STATISTICIANS. The fast growing industrial and commercial sectors of this region are constantly looking for professional men and women to fill such challenging and highly paid posts. Do you have the qualification to fulfil any of these roles? If not then ACT NOW.
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  • DEALS DONE ON THE SES AND kLSE
    • 1306 10 KD ani aOg prtoM omctalb batad and buatoMi ta aatfnpattad to tba Mownta bracfcau In lota of I.IW anquoud aftar the world "wtt." B« Board daal (In totaaTMN untto) an quoted aftar tha lattara 88. SECTION ONE INDUSTEIALB Aema (1.928 1.948) (5) 1.90 (8) 1.91 (2) 1.93 (11)
      1,306 words
    • 287 10 BONDS 4 2/4% 15/V5O (250,000) Kojn loo.sas) f? 14/4/11 (200,000) WbXKI (280,000) (100.058 100.198) f% T r IVM/U (250.000) 1105.208) T F 1/5/52 250,000) (100.468 100.558) 11/4% T F UWSI-04 (200,000) (102.558) T 1/4% 15/4/5* (250,000) (loo.aoB) 7 1/4% M/ 10/80 (260,000) (100.7*8) t 1/4% 1/5/57
      287 words
    • 127 10 STRDCZNO PrtßM.of the ■toe* option* officially llatsd on llw Slock Exchange of Singapore, the period*, bid and offer prtcM and bualnaaa done yeeterday. with the number of option* traded ahown In brackets. CeU Storage (Sept $1.70) (0.968 0 678). C aad C(Sept $2.20) (2.708). V aad N (Sept
      127 words
  • 2457 10 1978 xHiCk Low HI Compamy Last Sate +«rOr'a Dhr Dhr C'rr Gr*s Y'M Net pm Vel C099) Day High Low 4 f* UJb SECTION ONE INDUSTRIALS 193 214 172 "125* ,1 83 215 235 V," ,TL(r 478 432 132 123* 112 195* 60H 162 173* 140* 256
    2,457 words
  • 1726 10 BID and offer price* officially luted and bu*lne*a Hi and reported to the Kuala Lumpur Stock Exchange yeeterday with the number of ahare* traded shown in bracket* In lot* of 1,000 unit* unles* otherwUe specified. INDUSTRIAL* Aama (IMB I.9**) (1) 1.9* (1) 1.94 CD. AJtnawata (2.808 >
    1,726 words
  • 699 10 STOCKS mh Mai bask for the major part ef ths day oaths Stack Ezchangs ef Singapore. A lata rally, haw am, carried selected counters highar. PraAt-taking mlnlsil the naplat waa chips fria owking fcrtha progrcoa as tka lataat market leader Ovwaaa Cbluaaa Deal lug Corporation Ml
    699 words
  • 551 10 SLIGHT selling pressure In *he afternoon trimmed early gains and this resulted in a barely steady finish at the Kuala Lumpur stock market yesterday. Prices on balance finished off-best. The Improved sentiment saw increased trading and turnover yesterday came to 3.66 million units worth $9.15 million
    551 words
  • 79 10 SINGATOM UNIT TKUW DKJMBJJOfJBWIT DKX)i, t D 111 »M lM WMMTOIWD 8'port Sacurttr (Maaafvi inw Mr mm II Nil l.M LN IMMpm Ml X.71 rptnUnwral 141 lJi Bacooi BoMpotrm Ut itl nuKBimipiiiin,.. in UM AMAijwTT«yr gggssyr* fflSTrES-.:: J3 SIlS* Mftl Sactaltr Fond l.«T 1.1S (A) LN in ii3»w|ay*
    79 words

  • COMPANY NEWS
    • 1129 11 'BOUSTEAD Holdings has singled out plantations and small manufacturing units {to complement Its present distribution network as .targets In Its overall expansion plans. 1 Chairman Mr A. Charton outlines the eroup's future i course In his latest report to I shareholders. The
      1,129 words
    • 693 11 Current payment Ex Date Books clooe Date payable Total for the year Total for previous year Shangri La St Tradinf Kent (F.M.S.) Tin Apollo Malakoff Gen ting FAN(cum Prof.) K.T. Pan Matauahita Cold Storage UMW TanChong Males Untd. Plantation# K.G. Hldgs. Rosy Elect. Guinneaa (M) New SeremUh PetalingTin
      693 words
    • 203 11 Company Particulars Ex Date Books Close Hon* Lmm>( Grant Eartarn Life Malayan Flour Straiti Trading Sin Hea« Chan Pagl Malaysia M'tian Feedmilla Lion Hoe SontoM Plywood fljalheth *nt Bonus Issue of 1 for 2 Bonus Issue of 1 for 2 Bonus Issue of 1 for 3 Bonus Issue
      203 words
    • 375 11 ONE of the largest tin mining management comP antes in Malaysia ernas Charter Management i(P C M signed Its first Collective agreement benefiting 165 employees. The agreement between PCM and the All Malayan Mining Industry Staff Union (Ammlsu) covers the former employees of AngloOriental (Malaya) Sdn
      375 words
    • 491 11 General Ceramics Bhd: AOM to be held at 7th Floor, ALA Building Jalan Ampang, Kuala Lumpur, at 11.30 a.m. on June 15. United Plantation* Bhd: AOM to be held at Jendarata Estate, Teluk Anson, Malaysia, at 10.30 a.m. on June 15. Dutch Baby Milk Industries (M) Bhd: AOM
      491 words
    • LATEST RESULTS
      • 37 11 Group after-tax 1977 profit of $1.38 million (61.68 million). Parent company aftertax profit $1.59 million ($1.77 million). Company earlier reported a lint and final dividend of 7.5 per cent cross (same), payable Jul* 21.
        37 words
      • 37 11 Oroup net 1977 profit of 81.41 million (81.34 minion). Parent company net profit $840,000 ($990,000). Earlier company declared a first and final dividend of 5 per cent gross (same), payable July 21.
        37 words
      • 33 11 Pre-tax Sroflt of M 81.34 million 11.04 million) for the year ended March SI, 1971. After-tax profit: $710,906 ($674,601). Proposed final dividend of 20 cents psr share (sams).
        33 words
      • 43 11 Pre-tax profit of AO AO $9.67 million (loss 61.01 million) for the year ended March 61, 1070. Proposed final dividend of 66 cents per share Isas Malaysian income tax at 60 per cent (39 cents per share net).
        43 words
    • 139 11 JACK Chia Mining and Industrial Corporation JJCMI), a member of the ack Chla group, has Informed the BEB that the ■tie of Its tin mine in south Thailand was satisfactorily completed on June Upon handing over the mine to the purchaser, the company received
      139 words
    • 129 11 MALAYSIAN FeedmlH* has confirmed that no further dividend, other than the first and final dividend of 5 per cent tax exempt and 5 per cent less tax, would be declared in respect of the financial year ended Dec 31, 1977. The company was replying to a query
      129 words
    • 81 11 HONG Leong Finance has announced that Its one-for-two scrip issue has been approved by the Stock Exchange of Singapore. The issue, which is subject to shareholders' approval, will create an additional 7.7 million shares of $1 each. Approval for the issue has already been obtained from the
      81 words
    • 662 11 BARELY five-yew old Tat Lee Bank has unveiled another splendid set of results for the year ended Dec 31. 1977. At a time when some of the smaller local banks are struggling to maintain profit growth In the wake of the 1979 recession, Tat
      662 words
  • Page 11 Advertisements
    • 125 11 Don't let the language barrier stop you from wider contacts I W \l° At '*r r ri I iSSSI o" e S W,S»* YOU SIMPLY CANNOT FAIL WITH VISAPHONE. Use it at home, while travelling in fact anywhere and any time that suits you. Possess ing a second or third
      125 words

  • 222 12 MERCHANT Credit (Pte) Ltd has petitioned the High Court to wind up Imperial Securities International (ISI) Ltd, former owner of Oberol Imperial Hotel, on grounds of Insolvency. A spokesman of Allen and Gledhlll, solicitors for the petitioner, said the petition was filed because ISI is
    222 words
  • 208 12 UPI SOUTH Korea's rapid economic growth and a sharp rise In exports have become a serious cause of concern for Japan. According to an economic report compiled by Toyo Menka, a leading Japanese textile manufacturer, South Korea's export earnings how account for
    UPI  -  208 words
  • 646 12 NYT THE TRADE restrictions that Japan imposes to protect its own producers are showing signs of easing. According to American businessmen and diplomats in Tokyo, Japan's long and richly deserved reputation as an exceedingly difficult Import market, almost impossible to crack, is no longer entirely true. American
    NYT  -  646 words
  • 734 12 LONDON. Wed. Prices declined after the larger than expected UK trade deficit, dealers said. Shares were down a penny or two after being narrowly mixed and at 3.00 p.m. the Financial Times index was down 1.8 at 472 8. Government bonds were marked down by up to H
    734 words
  • 182 12 TO COPE with the projected Increase In reefer (refrigerated) cargo, the Port of Singapore Authority (PSA) is to spend 11.53 million on building additional reefer container facilities at Its container terminal. The project which Is to be carried out in two phases will
    182 words
  • 118 12 SECURITY Pacific (h» I»VISt»| M Cl—»'lSSS3SLIII STpmvml a a ball j mmmmd subsidiary of Sacarity Pacific "sili,,) Baak i ttat-tsissrs Cutas. Itowaatt-Spvooßtrftba koak'« 11 aor mm! first ■fcoomio HKflft aksrsa, P«r ©a«t mt tba I par eaatf memmd irrfii —HKJIt ofcaraa mad <1 par Mat mt tfca
    118 words
  • 994 12  -  »y QUEK PECK LIM THE full extent of Moscow Narodny Bank's Involvement In Cockpit Hotel and other related companies owned by its directors have not been revealed yet but they are believed to total about $100 million. Some indication of the size of
    994 words
  • PARLIAMENT
    • 327 12 WORK PERMIT holder* who have held their permit* tor three rears will be given additional benefits by the Ministry of Labour. The current three-year work permit scheme will alao be liberalised fxt-f nflefl to non-Industrial workers with good academic qualifications. Mr. Bla Kah Hul, Senior
      327 words
    • 93 12 RESETTLED shopholders may have more than one unit at their new premises If that is their requirement. Applicants are entitled to random concessions, said Mr. Llm Kim San, Minister for National Development and Communications, provided they had more' than cne unit originally. If applicants did not have
      93 words
    • Article, Illustration
      164 12 CIGARETTE packa may have to carry warnings on the health hasards of smoking. Dr. Toh Chin Chye, Minister for Health, said yesterday that his ministry will liaise with the Department of Trade on this requirement. His ministry is also preparing a national health campaign for next year, to
      164 words
    • 89 12 BETWEEN June and the end of the year, 2,000 tagl drivers' licences will Issued said Mr. One Tent Cheong (above). SenlSr Minister of State (Communications). This will bring the totfl number of licences this year to 4,400 (2,200 licence* hale already been issued). Mr. Ong said
      89 words
    • 68 12 THE Thai Ministry of Industry has agreed to permit the manufacture of Mercedes Bens and Citroen passengers cars In Thailand, the first such permit granted slnee a ban was imposed on the Import of cars and the expansion of car production last January. Meanwhile, the
      68 words
    • 335 12 UPI THE UNITED States is ready to support a strategy of sustained growth that will pull the Western Industrial nations out of the economic doldrums. Mr. Cyrus Vance, U8 Secretary of Btate, told the opening session of the annual meeting yesterday of
      UPI  -  335 words
  • Page 12 Advertisements

  • 3765 13 SCHEDULE A guide to ships loading at Singapore for Ports around the World I Tlm following list tabulate*, by port of destination the name of the ship, the shipping Line involved, and the estimated dates or arrival and departure, from Singapore port t On—i Ham SnaDileh hM t
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  • Page 13 Advertisements
    • 296 13 MAERSK LINE Offers Regular monthly Express Conventional ARABIAN-IRANIAN GULF f or further, rlrt.tils t .til Singapore *****46 Port Heidi* 388 ibO u.ild L umpur 2 7019 Pftunt ***** 1 SHIPPING STRAITS TRANSPORTATION PTE. LTD COHPANIA NAVIERA MARASIA, S.A. I COMTAMERSWP SERVICE TO AM FROM RAKELOM rmmmifrt I i iwtmt •ARCEIOM
      296 words
    • 213 13 EVERGREEN LINE (EVERGRFFN MARINE CORPORATION FAR EAST/IB) SEA, MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE MM 4CCEPTIM OMO FWt KMK UTTMM, HINT. MOMMM. KM6MH, TMPOU (U«Y») r*M 'MM MM IMmiiil Ugan N» MictM MKNBLQSIM lMy MM) 17Mr 2»M» 24 M* »My 27My rratomsoiK mmt ik* itim 17% mm« iim* unvnri um«
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    • 87 13 ■oTict it wgm cowEsnw mciuct unium Reference is made to the notice In the press on Thursday, 16th March, 1978. The member Lines, of the above Conferences have advised that port conditions at Lattakla have shown improvement and they have decided to reduce congestion surcharge to 10 percent to be
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    • 15 13 SEA t LAND ACCEPTING LTL DUBAI BANDAR ABBAS FORTNIGHTLY TO MIDDLE EAST BOOKING TEL: *****22
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  • Page 14 Advertisements
    • 708 14 Page II FULLY CONTMRERISa TO EUtOK r«m p.umi x-tai rwiwMi» OuUUr 20/6 22/6 11/7 13/7 Haaiwf E*ma 27/6 17/7 19/7 HMftMC Eiprtu 30/6 19/7 21/7 Mm Bar 5/7 7/7 30/7 1/1 ■wmiIVNM 14/7 16/7 5/8 7/8 Tatjaßay 21/7 23/7 12/8 14/8 8i Hn 28/7 30/7 19/8 21/8 EXPRESS CONVENTIONAL TO
      708 words
    • 761 14 \t2 SANKYO LINEI AUSTRALIA SERVICE r.UM ftwm MUtonc SEA BLOOM 19/21 Jm* 22/23 Jm RK.Ua.KL MKT PRMCE 17/11 J«» IgW UK. JTi,MEI THREE STM 27/IOE.MEI.STO. DIAMOHOSTAR I/UMT T iOE, MEL.STO. BANGLADESH SERVICE MAT SKY GENERAL AGENTS .11/19IULT IS/17 WILT CHITTAfiOM, CHKLHK OCEAN SHIPPING t ENTERPRISES PTE ITO SINGAPORE TEL *****44/7
      761 words
    • 438 14 SEA^LAND CTTY" t i r 3 I-J—A ..J.*,, .1' LTL TO DUBAI t BAND All ABBAS WL Anftte/Dtporti WORLD LION V 3 i«u/u WORLD TIGER VS MTI/M 40TH FLOOR HONG LEONG BLDG 16 RAFFIf! QUA* IING:P«l 1 S«'uce Boolrn| ?2?5?7? Termini! 75'1137 FULLY CONTAINERISED SERVICE Gc mm totter to Hm
      438 words
    • 789 14 Everett Lines/ "Vurmej^AT'ONALT^NE" 10MNM rat MMOOM 6 F S SC. Agant* m Molorvo TEPS MALAYSIA Port Kelong T«l <38)-7355 Panting TM *****/*****' Campania Arftntina Da Nawyactoa Itwrwiw—Ul S. A. C.I. F "ARGENTINE NATIONAL LINE" PATAGONIA ARGENTINA loading for Durban Capetown wows ames It TWA 21/29 *m »A3us, *l/2?M |^a "MEXICAN
      789 words
    • 391 14 IT prrsi i m 'v-'-\KI> I I 1 \ll <dnfcr7-A nlwT* Orient Overseas Co*dcu*tea Line FULLY CONTAINERISED SERVICE TO EUROPE (VM SUEZ) IoMERTftICMKFia tap* ivi -ISttMNEMi a/I 22/4 ■oaomiKSiMCNaai ru% nn r.Tii n mim na 1/1 l/l 'JhN SOm loNotrt ITtaq Wtm Mm taprt IV4 3/7 V 7 7/7 1/7
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  • Page 15 Advertisements
    • 661 15 OCL Overseas Containers Limited a •rfw a Australia Straits Container Line II HEME! If TK UN CORSM at CMumnsiiP suvke re/nan amtialia ANRO ANRC ANRO ANRO ANRC ANRO TEMASEK ASIA AUSTRALIA TEMASEK ASIA AUSTRALIA My II Jaly 25 M) My II My UMy Mf 21 My MMy 1 M| My
      661 words
    • 1043 15 18/18 kn Mm Mm a/n Mm 11 M:y Bilbao, Ami. Da*iia. 2/« Icly V• Mr Lisbon Leiinas, Tilbary, I NOTESIUWS 2/ BMy 8 M« w L»«»«. Bilbao. Nl. Ft ON H CMTiniT (Tit «Ht) SjllS Europe Pot** F. MI«>C S'«B*B*'* PHIMTIS UH« 21/221« M «/»>" BotawaP. fCMCLBE tulil 11/14 Jaae
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    • 545 15 T7\ BENA&ACONTAINER SERVICE JUCOLENIJA 'EAST RIJEKA REULAR SERVICE Tl AMIATK AM EAST MEIITEttAMAN PUTS 1 S pore P. telang Petwflg KOSTIENA for Aleundru. Beirut, Koper, lattakia, Limassol, Rijeka.'TYieste, Venice, 17 Mn 71 Jim MCTMWS for Derince. Koper. ftjeka. Trieste. Venice 1.: 25 Mm It My 17 Mm MOTSVW for Derince,
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    • 862 15 f 1 ScanDutch 4 HSRSffi a =>AA± »:>]:in:ia:if^JJ> l l»!l7V XT' rim EASTBOUND FROM MED/UK/ HI; 13: i: lwja 1) 4-Wfl i) H tor 3 J) I m r<M a laM t) P. MI»C SHU U.M4 MM IhM EailM UM UM 11/ ImM titama u.m mm smm ihm i«mi IMIItAa
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    • 337 15 GUTHRIE BOUSTEAD S'-^s THE BANK LINE LTD t nnti ntwriiiM. inmi, Cni'.tm) m un nm on PcuMf iNn/Mi r»rt a/n S'port a/n ra ALSi ACttPTIK HLVESTM. m MPM PUTS. iMMri P r.nini mui inn (M*o jm eliuocto inn (*mw i CUUKTI LT*ri (MM 1/ I RVTR ircn (Into) 4 M/
      337 words

  • Page 16 Advertisements
    • 735 16 K LINE KAWASAKI KISEN KAISHA. ITD QQEB322EESZS9 lIU SK2) ky CoaMer Vosols to nmon S'sore P. Kelang I.Havre Whuff Bremen R'dam A'wers MIWTAL CHIEF IW khrt Ilia} SMy 7My. My IMy 11 My "Sww JIM 22M 11 My 11 My 14 My IS My IT My M ([suic» 2W 21M
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    • 710 16 JUMAPHO" k A>\\ NTS U ft O 'J I MABMliv K S< V SDN T, t J Ot) SINGAPORE ISLANDS LINE MIDDLE EAST REGULAR LINER A SAFE WAV TO SMP BY SSA Vor SiHfUOr* P K*I»«C »t«*i UM| tar. •lANI ISLAM IV I* Pt/11 MW Hctfeiaan 'SENTOSA ISLAM! 11W 11/14
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    • 574 16 NEPTUNE OWENTUNES UP 1J Tt 3 My ts mt SB 24 Ma* »j*m n tm I My M My 13 My 17 My >1 My 23 My 27 My i I*l a 5 SANKO LINE. X I FROM JAPANESE PORTS AND HONGKONG STMtS^UNt STATES STEAMSHIP COMPANY num.ail. SUTTU. vAacwva mx.)
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    • 414 16 MALAYSIAN INTERNATIONAL SHIPPING CORPORATION KRHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MEO/UK/CPNTINENT/SCANOINAVIA ■EST IMM MW( mui S'W<| llMttilm »Mta 3) HMirg 4) Mm| I) kmlM. UN. >H»i. fM—»». L MM. •»—fn (mm «t»tt Mr itn* «i run EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT T( Ml*. P. Kf 'MC '•Wl IM*«| Mr MM4
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    • 530 16 INTRASEA (PTE! LTD LAI MKPfMOT SUM/FIU CMTi.REI SEITiCI TI l imn f. torn* H—t iMiiK tort MM M Part toitaa Mil m m (Cwti im») »tm s'm auD/ra^j, H"toif/A"w»f». nMa II m u >t* rtmtfWtmt/ O■o»i«r»« /nut*) I T>i» »vi Mr W antmtum. > i ipn i MTutu tni) mmm
      530 words