The Business Times, 30 June 1978

Microfilm: NL9737
Total Pages: 16
1 16 The Business Times
Page thumbnail Page 1
  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 21V1/78 FRIDAY, JUNE 30, 1978 50 CENTS
    11 words
  • BRIEFLY...
    • Article
      Lock icon Reinsuring with Seoul
      64 1 AFP KUALA LUMPUR. Thurs. Mstsyslsn domestic insurers are looking more and more to South Korea for reinsurance coverage apart from the traditional centres in London and Europe, it was stated here today. The visiting president of the Korean Reinsurance Company, Mr.Un Hoe Park, said that some M
      AFP  -  64 words
    • Article
      Lock icon World trade
      82 1 Reuter ESSEN, Thurs. -The expected higher growth in world trade this year la likely to worsen the payments positions of some countries which managed to reduce or wipe out deficits because of the economic slump, the Essen Economic Research Institute said. A trend in this direction can already
      Reuter  -  82 words
    • Article
      Lock icon Corporate code
      74 1 Reuter MANILA, Thurs. The Philippine interim National Assembly passed, on first reading, proposals for a new corporate code amending regulations on company capitalisation. Under the proposals, companies would be prohibited from retaining earninp exceeding their paid-up capital unless justified by expansion plans, while the minimum authorised capital for
      Reuter  -  74 words
    • Article
      Lock icon Vietnam joins Comecon
      61 1 AP BUCHAREST, Thurs. Vietnam was formally admitted today to the Borlot-dominated Comecon trading alliance, a mote expected to widen the growing split between Hanoi and Peking. East European sources said Comecon can help Vietnam's war-battered and under-developed economy. But Western observers say Vietnam may prove to be
      AP  -  61 words
    • Article
      Promoting trade
      50 1 THE chairman of the executive management committee of the Chineee Chamber of Commerce and Industry, Mr Wee Cho Taw, said that the Chinese Chamber of Commerce and Industry In the five Asean countrlee will be holding talks with Japan and the US later this year and In 1079.
      50 words
    • Article
      Lock icon Japan's surplus
      79 1 Reuter TOKYO, Thurs. Japan'a trade surplus with the rest of the world, a major factor behind the US dollar's plunge on foreign exchange markets, is expected to Increase substantially this month, according to a preliminary report released here today. i ne Finance Ministry said the trade surplus on
      Reuter  -  79 words
    • Article
      Lock icon Dow Jones
      89 1 UPI NEW YORK, Thurs. Stocks headed broadly higher early today with the aid of Institutions adjusting portfolios for the third Quarter and an Improvement In the dollar abroad. Trading was moderately active*. Against this background, the Dow Jones Industrial average, a 2.90-point winner yesterday, was ahead 4.16 points
      UPI  -  89 words
  • Chief Price Changes
    • Article
      In Singapore yesterday
      123 1 Rites Most active OCBC Temarloh 900 +30 UOL 1,042,000 324 +29 81m Darby 1,037,000 Nat Iroa 492 444 +14 Haw Pur 604,000 CCM +14 Pan Electric 261,000 386 14 Com Plant 297.000 ItaZeDorby 290 13 Total Turnover: 11.21 m M Floor Prima 380 268 130 177 12
      123 words
    • Article, Illustration
      In Kuala Lumpur
      134 1 Rites Most active NIron 5.15 OCBC 9.25 Jenun 2.30 Kluang 2.30 MBS 3.10 A Hltam (Tin) 11.00 Rothmans 4.32 Llngul 1.40 Keck Seng 2.49 81me Darby 2.97 KTPau 3.12 JC-MPH 1.55 Hume(PE) 1.96 Foils F and N 5.60 Cen Sec 1.14 .25 .25 .20 .20 S. Darby
      134 words
  • Article
    HIGHER PRODUCTION COSTS
    237 1  -  •y QUEK PECK LIM THE NATIONAL Wt|M Coaaell (NWC) iMMßalattaMtUa ymr ia wrighM la hmr ia tki* group tad to hMMfliyri -iy WtwMa tk whit* ui As > Surt wwh. —SSSi —sts »w Itohr to rise ud tM Uknr ent ssatoat of Btacapoce's lidmOki will ke nisei.
    237 words
  • Article, Illustration
    It's $12 plus 6pc with offsetting
    702 1  -  ■y RONNIE LIM THE NATIONAL Wages Council has recommended a wage increase of 912 plus 6 per cent with full group offsetting of all forma of Increases in remuneration. The recommendation covers the period July 1, 1978 to June 30, 1979. The Sl2 set
    702 words
  • Article
    Prospect of labour woes easing
    553 1  -  V RAHIM KASSIM PETER CHIA EMPLOYERS are generally enthusiastic about the prospects of the latest NWC wage. Increase guidelines helping to alleviate labour shortage especially In the manufacturing sector. Both the Singapore Employers Federation and the Singapore Manufacturers Association, for Instance, supported the recommendations for
    553 words
  • Article, Illustration
    Sin Chew board to get new chairman today
    237 1 AFTER almost htm jwi u hnd of SißftpiN'i I—iltnf CUam lu|M|i ■•wiputr, Datii Aw Cta| Cmy will today atop down from tko ohairouuiaMp of Mb Chow Jit Rob. Also quitting tko board an Mr. Aw Tolm Soon aai Mr. Urn Paag Kwaag.
    237 words
  • Article
    Tokyo envoy lauds local investment climate
    715 1  -  h FOO CHOY PENG THERE Is a bright future for cooperation between businessmen of Japan and Singapore. Specking at the Foreign Correspondents Club of South-east Asia at the Hyatt Hotel yesterday, the Japanese ambassador, Mr Klyoakl Kikuchi, said that It was time Japanese view
    715 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      43 1 ODESSA OCEAN LINE FOt FAST EFFICIENT SHIPPING Coll the ogent: Igftjk JUkAaA I ghjkl AAA I 4^ Iwl »»W IfeW sth Floor, For Eastern Bank Building 156 Cecil St., Singapore 1 Cobles: "SOSJACUNE" Telex RS ***** Tel: *****33 (7 lines) BKB PAGE t
      43 words
    • Advertisement
      Page 1 Advertisements Column 2
      154 1 NEW NUMBER We wish to inform you that our new telephone number is: *****1 Business Times regrets any inconvenience that may be caused Jflp JP V v Your link to world markets When the world is your market vou'll need a bank with international capability and service to handle your
      154 words
    • Advertisement
      Page 1 Advertisements Column 3
      12 1 INflllflEi SHIPPING TIMES Of tD WIND T, i. TV ftIAIMO i f
      12 words
    • Advertisement
      Page 1 Advertisements Column 4
      306 1 Canon PJQ-Q SEE PAGE 11 1 **jr S -7 Wtyfoong MAF. A lending hand when you need it most. "The only thing thatfc stopping me from expanding is capital Tan Chuan Eng, Managing Director "Whatk stopping him fitnm railing US Wayfoong MAF Many a sound business venture would never get
      306 words
Page thumbnail Page 2
  • TRADE AND INDUSTRY
    • Article, Illustration
      Pool resources for projects
      813 2  -  BUILDING COMPLEXES «y JOHN LIM PROFESSIONALS In ths construction Industry should team up to manage complex projects. Engineers and contractors who are used to handling simple housing projects now have to cope with nigh rise buildings and shopping complsxes. The management of such projects would be
      813 words
    • Article
      Transport experts to meet in London
      201 2 A TH REE-day symposium on intsraaHoasl trs—nsrt ■mhl— will be hsld from Oct. 2 to 4 la London. It Is orgaaised jointly by tbe Chartered Institute of Transport nnd tbe Financial Time*. Hie symposium, "International Transport The Common Problems," alms at promoting n unified
      201 words
    • Article
      Sands running out in seabed survey
      505 2  -  ■y PONG MEW LING A JAPANESE team studying the use of seabed sand in Singapore said It appears difficult to find suitable sites of sand both for recovery and use. Mr. R. Nakamura, leader of the seven-member Japanese mission has held discussions with officials
      505 words
    • Article
      ITB conducts survey
      293 2 A SUftVEY of skilled manpower requirements of the road transport Industry for the next five veers will be conducted by the Industrial Training Board beginning tomorrow. Mr. Jim Jit Poh, director of Industrial training of the board, said the result of the survey would also reveal the
      293 words
    • Article
      Training Centre hopes to double in-take
      186 2 THE Japan-81ngapore Training Centre, on a 8000 sg metre site at Buklt Me rah, haa a covered area of 5000 sq. metres. The only one session comprising 200 apprentices for the first two years. One hundred trainees will be accepted for the first year,
      186 words
    • Article
      GERMANS SEE HOW WE TICK
      126 2 THE director general of the German Foundation for International Development. Dr Oerhard Frits, will visit Singapore starting today till July 4. He will be accompanied by a member of the toman Federal Parliament, Mr J.P. Joeten. During their stay, they will discuss city planning in
      126 words
    • Article
      Banks deal direct
      20 2 THE Bangkok Bank has concluded an agreement with the Bank ofChlna for Its branch in Hongkong to
      20 words
    • Article
      MEMO PAD
      480 2 COURSES AND TALKS May 8-Aug 17: Aust Insurance Institute Assoclateship Course. BITC, SITC June 5-July .29: Life Agents Certificate Course, SITC, SITC June 15-July 3: Employee relations L communications, HUton, POD July 0-13: Financial aspects of personnel mngt, HUton, July 3-4: Finance for non-fi-nancial managers, Hilton, Price Waterhouse
      480 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      822 2 LIAN HUAT HANG FINANCE LIMITED (Incorporated in Balinci Shstt As si ,000,000 SHARE CAPITAL Authorised Capital 10,000 Shores of SlOO/ eech 51.000,000.00 Issued I Fully Paid: (NOTES) S 560.000 5.100 Sharas of SlOO/ eech 21,973 STATUTORY RESERVE FUNO (NOTE 9) CTPITO RESERVE FUND (NOTE 10) PROFIT A LOSS APPROPRIATION 17.766
      822 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      133 2 CRYPTIC PUZZLE ACROSS 1 Tata of two American!? (4) 4 Had he a warm little room to write In? (6) I Revolutionary Schubert FSk'.'U. II Selling tickets, etc, for Um RAF tunc*? (8) 14 Anna and Um king of China II SfonumMttl flgur*? (I) 17 Anna of Um Mat tl
      133 words
Page thumbnail Page 3
  • OVERSEAS
    • Article
      Hanoi keen to trade
      547 3 VIETNAM is keen to do business with US companies and business opportunities abound there, the president of the American Chahiber of Commerce In Hongkong said-after a week-long visit to the country. Mr. Michael Emmons old: "The Vietnamese have made it clear they are willing to do
      547 words
    • WORLD IN BRIEF
      • Article
        Lock icon U.S. ASKED TO REJOIN ILO
        489 3 Agencies INTERNATIONAL Labour Organisation directorgeneral, Francis Blanchard on Wednesday launched a new appeal to the United States to rejoin the organisation, which it quit last year over alleged double standards and polltlclsatlon within the 137-natlon group. At a news conference convened shortly after the close
        Agencies  -  489 words
    • Article
      Lock icon Supplier backing may raise credit for Turkey
      217 3 Reuter A CREDIT being negotiated by Turkey, which would be used to repay everdue debts to suppliers, is likely to be increased to Sl5O million from SIM million (SS34S million from 1230 million), informed internotional banking sources in New York said. The increase
      Reuter  -  217 words
    • Article
      UK industries face gloomy 80s
      589 3 VAT REMOVAL WONT HELP KEY BRITISH industries face a continuing prospect of decline In the 1980s, according to a model of the UK economy developed by the Cambridge University Applied Economics Department. Even dramatic government measures such as cutting Income tax to 20 per cent
      589 words
    • Article
      Lock icon Zero inflation deadline
      291 3 AP THE US SENATE banking committee approved legislation calling for full employment but insisted on a total elimination of inflation by 1983. The measure, the Humphrey-Hawkins Bill, requires the US President to submit an annual report to Congress outlining short and long-term goals for unemployment, Inflation and'
      AP  -  291 words
    • Article
      Lock icon SUMMER TOURISTS WILL BRIGHTEN LIRA OUTLOOK
      254 3 Reuten THE lira la expected to remain strong over the summer boosted Dy —mow) tourist Inflows. Some dealers In Rome say bank rate could soon be cut as a signal to banks to lower their lending rates. Bank rate has been at 11.5 Ssr
      Reuten  -  254 words
  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      716 3 Consolidated Balance Sheet AlMtl -condeneed-aa of 31 at December 1977-with comparative figure* December 31,1977 December 31, T976 DM DM (thousands) (thousands) Cash funds Bills of exchange Claims on banks Treasury bills and discountable Treasury bonds Bonds Other Securities Claims on customers Mortgage bank tendings including accrued interest Investments in subsidiaries
      716 words
Page thumbnail Page 4
  • RAW MATERIALS
    • Article
      LOCAL AND FOREIGN RUBBER
      340 4 OPENING prices In the Singapore rubber market yesterday were fractionally lower on lower London advices, but rallied slightly on upcountry buying. Levels, however, were not sustained and prices eased back in moderately active trading. Towards noon, prices recovered slightly on covering Interest. The morning seselon closed
      340 words
    • Article
      R.A.S. PRICES
      297 4 R.A.8 prtaaa to eanta pa rkttoyaal tarday: Moon (par kilo) Gam (par kilo) tat. 1 MAinaptUb. tat. 1 R.8.8 July tat.im*«M tat.IMJ. UK/Oont. tat.2R.8.». OK/Ooot. tat. 4 *.8.8. UK/Coat. tat. R.8.8. UK/Coot. tOMt UQOVtftll Bttyata 233 28 229.71 222.78 S2J4 222 80 230.80 219.80 217.80 110 JO 212.80
      297 words
    • Article
      SSR AND SMR
      88 4 NOON SSR and SMR price* yeetenUy R.A.8. M ty Aumet (CUITM Boywi (Mtt) S^Utrv (TWwtHNtk) lerkg) <01 ■taper kg) SSR 20 (1-ton Pallet) 215.00 217.00N 216.00 218.00N SSR SO (1-ton Pallet) 213.00 219.00N 214.00 216.00N AC* R.E.L. B SMR9CV (1-ton Pallet) 240.00 243.00N 240.80 242.SON SMR SL
      88 words
    • Article
      Closing prices
      26 4 Ratter: June July 2U.SS etatt (de w mm east) MaUyeU: July 237.16 oentt (down 1.16 oentt) Tin: Mi 1,716 oajfxg! MtNMI <0» M tMUMI).
      26 words
    • Article
      Produce exchange
      336 4 WHILE coconut oil In old and new drums and all grades of coffee remained unchanged on the Singapore produce market yesterday, pepper was slightly easier. A packer said overseas buyers in Europe and the United States are holding back as they did not want to follow local prices.
      336 words
    • Article
      Coffee
      189 4 ROBUBTA futures yesterday recovered slightly to erase opening losses and closed the morning £27 to £5 per tonne up from Wednesday. Near months ended Just below the session's highs, with spot July £14 up at £1,650, having traded earlier at £1,658. On Wednesday afternoon, robusta futures recovered earlier losses
      189 words
    • Article
      Palm oil
      101 4 C.I.F North European ports, in US dollars par ton unl lew otherwise stated. LONDON: Wedaeeday Preview Malaysian 5* ffa bulk per tonne Aug 639 sir •30 sir Sumatra 8% ffa bulk June 730 sir 728 sir Jly 897.50 sir 80S sir, (W, 600 pd August MZWslr/SSOMOpd 642 sir
      101 words
    • Article
      CHICAGO BOARD OPTIONS
      1771 4 June 28 CHICAGO Board Options Exchange volume receded to 89,669 contracts on Wednesday from 125,228 contracts on Tuesday. OPTION JLY OCT JAN STOCK Alcoa Alcoa Alcoa Am Tel Am Til Am Til AUR AUR AUR Avon A»on-P Avon Avon-P Avon Avon-P Avon Avon-P Bank Am Bank Am
      1,771 words
    • Article
      Copper
      150 4 COPPER wlrebars yesterday finished the morning down ill all round in London. The early premarket came under pressure from liquidation, chart and stoploss selling prompted by the overnight decline at New York. By the end of the kerb, three months was trading at £707.5. In NEW YORK on Wednesday,
      150 words
    • Article
      Rice
      165 4 BANOKOK rice prices quoted as follows yesterday: (US dollar* per tonne FOB baala Bar.eknk Wfcheßioe: 100 pet let ctaM 437.100 Rt 2nd claM 422.100 pet 3rd cia**4r/. >ct 400. 10 pet 300. 16 pet 302. 20 pet 377. 29 pet JOT. 39 pet unq. Brekaa: A-l Super MS. A-l
      165 words
    • Article
      Cocoa
      83 4 TERMINAL cocoa In London yesterday finished the first morning call £18.50 to £10 per tonne lower against New York, but steadied up in open trading supported largely by outsider orders in a thin market. In NEW YORK on Wednesday, cocoa future* fell back U8 1.50 to two cents from
      83 words
    • Article
      Hongkong comex
      111 4 THE 8UOAR futures market eased 0.06 to 0.10 US cents In quiet trading yesterday, with nine lots traded against Wednesday's five. The Hongkong dally spot sugar price eased 0.05 to 7.05 cents. BUOAR future* closing price*: a-—« Jly una una Sep 7.06/09 7.14/16 Oct 7.16/16 7.36/38 Jan 7.56/70
      111 words
    • Article
      SPOT PRICES
      195 4 YARN and cotton In Honfkonf dollars, spot ex-fodown: Cwm Tan: China Blue Phoenix ao-s 1.720. 32-1 2,170. 40 a 2.240. (per bait or 400 Itaa). Ptees Qoada: China Butterfly and Olob* Brand unq. Dragon Haad unq, Five Lambs unq. Flower and Butterfly unq. Flying Oeeet unq. (per piece
      195 words
    • Article
      Duty rates
      69 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from June 29 until further notice: Rubber 233S cents per kilo. Ceara: M 8075.56 a ton Pake Kernel: M 8239 03 a ton The rates of duties payable are: Rubbtr JOS cents per kilo (reeearch cess
      69 words
    • Article
      Soybean
      75 4 SOYBEAN futures ended the session with losses of five to 7-1/2 cents a bushel on Wednesday but closed one to three cents above the day's lows In Chicago. Soybean oil futures dropped 0.58 to 0.38 cent a lb as they finished the session at the lows of the day
      75 words
    • Article
      Straits tin
      115 4 THE (STRAITS tin price In Penang yesterday dropped M 127 to 91,716 per pleul on an official offering up M tonnes to 285 tonnes. In LONDON yesterday, tin declined by mostly £37 K tonne In both coatracts. e pre-market declined under general liquidation to i'6,SOO per tonne for
      115 words
    • Article
      Sugar
      71 4 TERMINAL sufcar m London yesterday morning finished the first call £0.30 down from Wednesday to unchanged and eased further In open trading mainly on sentiment. Light liquidation in a thin market was featured. The London dally raws price was £1 down on tone at £05 per tonne, but whites
      71 words
    • Article
      Gold
      337 4 THE KILOBAR opened In sympathy with the weaker New York close at 8113,832 yesterday, off 160.00 from Wednesday's close. The market closed allghtly higher at 113,872 on light buying support Spot gold for London delivery opened at U*****.30/60 and traded to a high of $184.80/185.10. The market closed slightly
      337 words
    • Article
      Silver
      169 4 THE HONGKONG market eased 10 HK cents to close at $249.50 per 10 ounces in thin trading yesterday. Turnover was estimated at around 15,000 ounces. The closing price was equivalent to 5.3610 U8 cents per ounce, slightly higher than New York and Chicago's July closing of 5.3470 and 5.355
      169 words
    • Article
      Lead
      44 4 LEAD in London ended the morning ring £3.75 down for cash amd £4.50 per tonne lower for three months yesterday. Later support rallied three months to finish the ring at £312.25 per tonne. Ring sales were 2950 tonnes, about half of whichwere carries.
      44 words
    • Article
      Zinc
      39 4 ZINC was C 3.50 per tonne down all round in London at the end of the morning ring yesterday. Three months traded down to 1300 in the premarket before steadying to end the ring at 1307.50 per tonne.
      39 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        446 4 THE U8 dollar firmed against major currencies on the foreign exchange market yesterday. The dollar initially was traded down against the yen, but managed to close around its opening level. Opening against the yen at 205.80/00, the U8 dollar lost 10 points in the morning to reach 205.70/80.
        446 words
      • Article
        Asian $ and CD rates
        79 4 Asian and CD rates ASIAN currency ratal u at cloaa dapoait on Juna UiDaOn CXfcr intarbank s ra (®pa«) BW 7 dayi 7 11/t 1 mUi 711/11 7 lVlt I J/J 11/t ivi 1/t I1/| 11/11 l/lt •/It It/It K rn. Dm. itt 3 7/16 17/11 11/t |k/| It mtlM
        79 words
      • Article
        Discount
        34 4 HANOI of prtow offmd by discount houaat on Jam It Orniufht m* Call tepoaiu i-mortfi Ttmjutt bUk I I'll I Ml J-monlH lm> D;.j i/ll It'll fcsssss tw. swiii Wiewii awn c*. us.
        34 words
      • Article
        MLR
        14 4 THI average rate at vklsk Singapore hanks are wuiwlly gjpsrsi to lead to
        14 words
      • Article
        Frankfurt
        12 4 FRANKFURT MOhftBIM opening quotes on Juns gfn'i-ao. NU»M«I I IT Wt
        12 words
      • Article
        New York
        147 4 THE DOLLAR closed firmer against major currencies on Wednesday, Including the yen, in fairly quiet trading. There was some strong demand for dollars, Including good commercial interest, as operators believe Tuesday's reaction to the US Senate's vote to prohibit President Carter from imposing oil Import fees may have
        147 words
      • Article
        London
        180 4 THE DOLLAR gained ground In fairly quiet opening trading yesterday, mainly on technical considerations as operators continue to cover short dollar positions. The yen eased to around 205.05/85 from 205.15/35 overnight after briefly touching the 206 mid-point level In hesitant trading although most dealers sal a they expect renewed
        180 words
      • Article
        Hongkong
        130 4 THE US dollar closed little changed against most currencies yesterday, but slightly lower against the yen, from New York's closing in very quiet trading. It closed at 206.25/35 yen from its 205.75/96 US close and 205.90/206.00 opening, and was quoted unchanged from an opening 2.0750/60 marks, with the market
        130 words
      • Article
        Tokyo
        119 4 THE US dollar for overnight delivery yesterday closed at 205.45 yen, down from a 206.00 opening, but up slightly from 205.35 on Wednesday's close. Trading volume was UBS42S million and no central bank lnverventlon was detected. The dollar moved nervously between 205.35 and 206.75 in afternoon trading, after an
        119 words
      • Article
        Euro $ rates
        98 4 Euro rates BURODOLLAR deposit rates were mixed in quiet trading yesterday. In short dates, weekend was unchanged at 9-9/4 56/9 per cent while Hon/ Tues was adjusted down to 4-1/4 4-1/9 per cent and .week Ax adjusted lower to 919/16 6-11/16 due to the US independence Day holiday next weak.
        98 words
      • Article
        Zurich
        13 4 ZURICH exchanges quoted on JuuM. b u i+mu-mi Y*r °C MM kOM
        13 words
  • Page 4 Advertisements
Page thumbnail Page 5
  • TRANSPORT
    • Article, Illustration
      Norway's order a tribute to S'pore
      399 5  -  By CHAN BONG SOO A NORWEGIAN order for mini-bulk carrier* is a classic example of Singapore's progress as a shipbuilding nation, both In terms of business volume and sophistication. The 12 vessels are being built here by two leading shipyards at a total cost
      399 words
    • Article, Illustration
      After 39 years at sea
      122 5 CAPTAIN P. Mask, the skipper of Nedlloyd ihlp Neder Rijn, was prsoentod with a ourgalea gift whan ha visited tha NedUoyd-KAC offioa in Singapore early this weak. It was a special visit for 57-year-old Capt. Meek, as ha waa on hie last voyage aa skipper
      122 words
    • Article, Illustration
      SHIPS IN PORT
      415 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Orkid (after Hoegh Pride hauls) (must head west for UTM/L and D/L) 33/34 Cang Shan (1000) 19 Cherry Vllja (B. Barge) (after Yldu) 40/41 Chldbaram (1500 after Gk>lden Jad") 44 Feng Heng (after Nedlloyd Aloga) 1/2 Hoegh Pride (0530 hauls after
      415 words
    • Article
      Lock icon Lay-up plan for surplus supertankers grounded
      308 5 Reuter THE PROPOBED International project to lay up surplus supertankers has been shelved. The reason, according to Nordic tanker sources, is that tonnage commitment to the scheme fell 10 million deadweight tons short of the desired 40 million. Mr. Tor mod Rafgaard, general manager
      Reuter  -  308 words
    • Article
      Lock icon Laker's dream is no flight of fancy
      809 5 NYT AT LONG last, the season that Britain's Laker Airways has been waiting for during the last seven years Is here. Now It Is the passengers' turn to wait, In the long lines that have been forming for the last two weeks at
      NYT  -  809 words
    • Article
      Lock icon LONDON FREIGHT
      152 5 AP SLIGHTLY more Atlantic grain fixing demonstrated the continued decline of Era rates. A USSO-cent was noted In the U8 -Japan grain rate when the Ifaratha Melody accepted UBIII (FIO) for a 50,000-ton mid-July cargo. Meanwhile, 25-cent dips were noted in grain rates ed for US Gulf-East Coast
      AP  -  152 words
    • Article
      Lock icon TWA seeks hike
      114 5 Reuter TRANS World Airlines has asked the U8 Civil Aeronautics Board to approve an increase in air lares between Surope and the United States. .under TWA's proposal, the basic economy return fare between NewTorkand London would go up from U9026 to $666 and the budget ttandby fare
      Reuter  -  114 words
    • Article
      Putting more ships on West Asian route
      120 5 THE Korea Maritime and Port Authorities will put 18 more cargo ships on the Korea-West Asian run to cope with increased cargo demand in 011-rlch countries. Some of these vessels will pass through Singapore. Ten vessels will operate In the Persian Gulf area
      120 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      713 5 ARRIVALS Opan .tar Nvabw 1 NU CAL CI331 0040 TPE/HKO/KUL PAA PAOOS 0115 8FO/HKO MAS MH801 0700 KUL MAS MHS82 0725 KCH 8IA SQ101 0tl5 KUL MAS MH621 0640 PEN MAS MH607 0645 KUL MAS MH671 0945 PEN/KUL CPA CX710 1005 HLP OIA GA960 1030 HLP SIA
      713 words
  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      43 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****S CITY TEL *****55 Call us foi you. local or onward reservations —17 V* ,V NEWMAN in Penguins J I r j&s h* v» ><iH 4r« 4s -:> jr r >f£ kijr^sflffV f 2 mii y 3? Ite m
      43 words
Page thumbnail Page 6
  • Article
    Position is not the criterion
    723 6 A WAGES policy li meant to Pfulste insa agreed manner the increase In the wags bill. This lathe given task of the National Wagee Council. But in recent yeare, the council appears to have deviated from its original path. For the recommendation* that It main*
    723 words
  • Article, Illustration
    EVERYTHING – FROM BED-MAKING TO PLUMBING
    252 6 EVERYTHING FROM BED-MAKING TO PLUMBING THE Hotel and Catering Training School (HCTB) hat trained op more than 3,000 lower level staff for the hotel industry, since Its inception. At the present, the School's main role immediate objectives are to train lower level staff to provide the growing industry with qualified
    252 words
  • Article, Illustration
    Service is their way of life...
    1152 6 TOURISTS are frequently delighted with our waiter* and hoteliers' extravagant courtesy and sense of style. Much as locals moan about the death of "service with a smile", our standards still compare favourably with those of surly European counterparts, more conscious of their unionised rights
    1,152 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      249 6 f i*' .j«t...« *>—IMffc. —11 ■?r" > < r 0 fj m 9 > «-»> ft :^N Not a drop is sold Tillitisl2yearsdd ion bar prnmu TotoSHteKlfts Tht Jackson 5 of Manila Don't miss the exciting sounds of Toto l< His Kids. This band of four brothers and a sister
      249 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      20 6 WEATHER OUTLOOK for Singapore from 6 clitl to noon today; MaMy fair SM«C 74 jtrc M .us ..5.7 1714 17
      20 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      115 6 S3 SINGAPORE 5 3.00 PM Opening announcements followed by Housewives' Matinee The Twins (repeat) 4.55 Intermission 6.05 Opening announcements followed by Exercise with Gloria* 6.30 News in Brief* 6.35 The Tony Randall Show* 7.10 In Search of Bermuda Triangle* 7.30 News and Newsreel in Malay* 7.55 Sports Parade* 830 The
      115 words
Page thumbnail Page 7
  • Article, Illustration
    Lock icon ROYAL MINT COINS IN ON MONEY MAKING
    771 7  -  Better results are expected because of boost to profits from the Silver Jubilee •y CHRISTOPHER DUNN FT AT THE launch of a new fund-raiting venture by London's Westminister Abbey for restoration work, the Duke of Edlnburg was presented with the first of a
    FT  -  771 words
  • Article, Illustration
    Lock icon From a bean and chicken to a millionaire ...
    622 7  - From a bean and chicken to a millionaire •y PAUL MAJENDIE Reuter CLINGING to a roeky hillside in Hongkong is an object lessen in self reliance for ths Third World an experimental Cam that has helped more than 300,900 villagers and reftigoss to fond for themselves. The farm, with its
    Reuter  -  622 words
  • Article
    STRAWS IN THE WIND
    618 7 2JOBEPH Baudette skys be «£may have imbibed a lot of 11•j «uiuor at Kllmeads Tavern in Manhattan but he never Intended to give the bar- tender a US$l million (882.3 million) tip, in the shape of c» a lottery ticket that Is worth between _USBIO.OOO to
    618 words
  • Article
    Lock icon Pressures from tight market
    1008 7  -  FORUM J ...on labour ■y THOMAS MULLANEY Thomas Mullaney ft*® New York Times' /tnaVbl commentator. lit NYT ABOUT a year ago, when US government economists were taking an early look at prospects for the American economy In 1978, they recognised the possibility that upward Inflationary pressures
    NYT  -  1,008 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      227 7 HOTEL MALAYSIA 1 ORCHID INN w'» HOTEL ASIA 40 Cuscaden Road, Singapore 9 214 Dunearn Road. Singapore I '-w37 ScotU Road, Singapore 9 Tel *****1 Tel: *****2 -IffiH unrc. cmiATODiAi THE MANDARIN SINGAPORE ORCHARD HOTEL 3 Sot J? 333 Orchard Road, Singapore 9 2 Orance Grove Road. Singapore 10 Jte
      227 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      35 7 BriStdW .Firuik'iM ■Xax GOCO picsrnvhg,, nv D£W. ON BeHfM-F or BRITISH RPML I Bid >/o-» TO €f\ST MMCHU& m P\nd CAwes.. ft Vy i "Jf E BCPkVo.nW Deftß—LlK£ tCMK STVUE "TV4IS C^CLS FOR f\ CJE.\JcJ&RKTVON
      35 words
Page thumbnail Page 8
  • INTERNATIONAL STOCK MARKETS
    • Article
      Sydney
      348 8 THE market cloMd mixed yesterday with a slightly firmer bias in alow trading. Dealers said BHP gained six cento to AM. 90 and the Bank of NSW rose two to 5.M. ANZ dropped two to 3.10 partly on overseas selling. Waltons shed two to 88 cento In generally steady
      348 words
    • Article
      Lock icon Market higher
      548 8 TOKYO Source: DBS-Daiwa THE market continued to rise yesterday, centring on blue chips such as food, light electrical and pharmaceutical issues and reflecting Wednesday's bullishness. Mutual funds and foreign Investors were heavy buyers of blue chips. In the morning session, pharmaceutical Issues, such as Fujlsawa. Yoshltoml and San
      Source: DBS-Daiwa  -  548 words
    • Article
      Lock icon Hongkong
      350 8 Source: SHK Sec. THE market continued to advance yesterday morning on Increased trade despite the postponement of Wednesday's land auction of a Tsuen Wan site. Brokers generally felt that this was a prelude to a private deal In order to facilitate an auction of a central M.T.R. site next
      Source: SHK Sec.  -  350 words
    • Article
      Manila
      123 8 THE market closed lower yesterday with all awana declining Dealers said turnover fell to 10.26 million pesos from 13.24 million pesos. The decline In copper prices depressed mining issues. Leading oils and commercial Issues also declined slightly. JUNK Peao* Acoje Mining 0106 -O.OOOt Atlas Con. A Atlas Con B.
      123 words
    • Article
      Bangkok
      142 8 JUNE n Bahts Adtnm m Bangkok Bank ITS *4 Bangkok Invwt. 3M Banckok-Metro-pol ttan Bank B*U Betll Jueker 4M Carpet Intnl Charoong Thai Wire Ml ft Dumex DuattThani M +4 Faber Merlin First Trust 410 >1 Oenera Finance SSI *4 Indo-Thal Industrial Finance Corp 2475 J And J Ho
      142 words
    • Article
      Lock icon G. Occidentale squashes rumours
      51 8 Reuter LONDON: Control of Generate Occidentale SA will remain in the hands of French residents and will not be transferred to Hongkong as suggested In press reports. Generate Occidentale chairman James Goldsmith said in a statement. He said suggestions about the transfer of control are unfounded.
      Reuter  -  51 words
    • Article
      Jo'burg
      179 8 GOLD shares were firmer in moderate trade on Wednesday reflecting the higher bullion prtce. Dealari said mining financial* were sttghUy hSherlntoe with producers. Anglos gained five cents to 860. De Beers fell rive cents to MO but Anamlnt gained 29 to 7,150. Platinum ahares were a few cents easier
      179 words
    • Article
      Selected indices
      63 8 FINANCIAL TIMES INDUSTRIALS Wednesday Tuesday 456 3 Week Ago DOW JONES AVERAGE INDUSTRIALS Wednesday Tuesday 817.31 Week Ago 824 93 LONDON DOLLAR PREMIUM Wednesday HOW to 111 Tuesday 100 to 109* H.K. HANG SENG Thursday 54I.M Wednesday 544.85 Week Afo 549.72 SIDNEY INDUSTRIALS Thursday Wednesday 421.60 Week Ago
      63 words
    • Article
      Stocks advance
      1024 8 NEW YORK STOCKS advanced In alow trading on Wedneeday. helped by end of the quarter portfolio adjustments and further recovery from the weakneee that has affected the market since early June. Larry Wachtel of Bacbe Halaey Stuart Shtetda said. "We have an oversold condition and seasonal factors going
      1,024 words
    • Article
      Toronto
      231 8 THE market cloeed higher on Wednesday In busy trading after mixed prices throughout most of the session. The Composite Index was up more than two points and advances outnumbered declines 222 to 191. JUNE CI AMtlbl 12%. A lean 30* Alcoma 20% Bank Mont 22% Bank Nov* Scotia 20
      231 words
    • Article
      Paris prices up
      372 8 EUROPEAN MARKETS THE Part* and Frankfurt bourses closed higher on Wednesday. In FRANKFURT, share prices row In relatively quiet trading, dealers said. In banks Commertbank gained 2.30 marks. 81emens rose 1.30 marks In etectrtcals. BASF firmed 1.10 in chemicals, while In stores Kaufhof climbed 4.50 marks. BMW
      372 words
    • Article
      Amsterdam
      185 8 JUNK a PU ABN v.. 363 70 +0.2 Ahold 105 00 -0.3 Akao a.oo -0 3 AMCV SO 30 1.5 Amfas 103.00 -0.5 Am rot Bank 76 20 +0.3 46.10 99.10 unch -0.2 Bote 71.00 •1.4 BonumlJ 160.60 +0.1 Burhmann 73 00 unch Byenkorf 61.30 -1 Calve Delft 167
      185 words
    • Article
      Paris
      236 8 JUNE m Pr» OCX Alr-Ltqutte 2T7 50 -1 B8N<Jenr*li Duvm -IS Oif) no.so +0.5 C*rrmnc*JM dHPKnlai 140.(0 HI ffnincUft rftmnf 1 Oamb SM -1 Credit Ponder 533 90 iSJ Haehette (Llbralrte)... m +3 30.30 aa 1M.M +0J IS -0J Pcchincy Ctglni Kuhlmknc rr.so -OS -1J -O.S PfUflOC Ptilflp Vy
      236 words
    • Article
      Milan
      90 8 JUNE II Lire Ante 17 -1.29 Amoc Oen J7MC +80 Bastofl 448.90 •1.6 Central* 3875 -5 Flat 17»S 11 rirmder 101.78 •1.25 Ocn Immob 71.75 -0 75 in pn 2186 1 IlaJcementl ***** 10 ItalaMer 198.29 ♦0.5 MacneU M PI 498 -1 MareUi Ere 381 ♦3 Madtob -80 87S
      90 words
    • Article
      Frankfurt
      177 8 JUNE 30 Dm A«r-T«tefunk*n 70.1 0 >0.3 Akao 20.00 -0 9 AlUUten 830 uneh AUt Ven MA unch BASF 128 40 4-1.1 BajrHTWbank to. 90 Baj VtMink M Bwyr not MU-t.l BBC m M 4-1J BMW XSO) 304 tt .7 CbunVarw 387 1 H +tl mm I W 10
      177 words
    • Article
      Brussels
      85 8 JUNB rr* FORWARD MARKET Amc 306 •1 Arbed 2365 +5 Astur eio -6 Braacan 473 •1 Bru-Lamb 1470 -20 Oanpar 640 -10 Cock 456 ♦8 DeBeert 190 4-2 EJeclrobel Mao -40 Ob-lnno-Bm 2165 IS ■4-4 Oev 1)06 Hobok 2266 10 Petro 3665 ♦20 Ryl Dutch 1830 19 81dro too
      85 words
    • Article
      Zurich
      3 8 I T1
      3 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      383 8 CBOE: 8m Paga 4 > KOREAS LEADING BANK INCORPORATED M THE REPUBLIC OF KOREA! AS OF DECEMBER 31,1977 STATEMENT OF CONDITION (In Thousands of Won) December 31 December 31 1977 1976 Assets Cash and Due from Banks Foreign Exchange Loans and Discounts Securities Customers' Liability on Guarantees A Acceptances L/Comm.
      383 words
Page thumbnail Page 9
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      1213 9 BALANCE SHEET as at 31st December 1977 15,400,000 2,606,072 5,893,709 6,161,707 30,063,488 300,000 196,096,840 226,459,328 1,367,163 $227,826,491 1976 9 9,280,836 3,000,002 386,275 3,386,277 400,996 2,138,400 8,378,574 31,216,797 102,869,686 1,199,501 1,362,973 24,479,655 169,507,186 184,713,695 50,000 $184,763,695 FIXED ASSETS SUBSIDIARY COMPANY Shares at cost Amount owing by INVESTMENT IN ASSOCIATED COMPANY at
      1,213 words
Page thumbnail Page 10
  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1385 10 JED m6 «flkr pdeM «Uab HaM baMiM in and rapoftaa to Uw •#ock KaetMaa* wt memrntm vaMrZjwtth Urn Mbao(Sa ImOaO T|>i i«i k> ttiytat« In Vott of 1,000 an. —A?i"tSL MtkMOt Con tract* an aaoMd iflvtMwni "au." dal (In tola af 1,000 on* Mk) an quotad aftar Um
      1,385 words
    • Article
      Government and corporate bonds
      315 10 3 3/3% T P IVT/33-33 (130.660) (4) 103.00 4 3/4* 13/3/63 (166,600) (100.46B) 6« T P 16/4/61 (130,000) (103.008) •ft IV4/M (266.666) (100.368 100.738) 7* U/4/36 (260.666) (166.608 101 068) 7 1/4* 16/4/66 230,000) (100.30B) 7 1/4* 16/13/66 260,000) (100.75B) 7 1/4* 1/6/6T (230,000) (100.73B) 3
      315 words
    • Article
      Stock options
      57 10 STRIKING prices of the stock options officially listed on the Stock Exchange of Singapore, the periods, Ma and offer prices and business done yesterday with the number of options traded shown In brackets. C sad C (Sept 92.20) (2.758). Paa Electric (Sept 91.55) (0.48B). Prima (Sept 81.00) (0.758
      57 words
  • Article
    SHARE INFORMATION SERVICE
    2456 10 1 1*78 Hlgfc Low Caapany Last Sale +erCfc's Dtr Dhr Cn Gr'» Y*M IS Vol ("888) D* High Law SECnONONE INDUSTRIALS > 217 214 172 225* > 83 245 285 210* 478 I 444 132 123* 112 195* 00* 162 173* 140* 256 394 Acma Alcorn Allied
    2,456 words
  • Article
    In Kuala Lumpur
    1611 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown In brackets In lots of 1,000 units unless otherwise spe dfted. INDUSTRIAL* Aama (L14B) ZD. Alee* (S.3SB) (S)' I N (1) 3.8.
    1,611 words
  • Article, Illustration
    Prices move up strongly
    710 10 WITH inrTtnai la the Stock chaage of Siagapore yeetariLi Darky, InSn tka tad atrial sector, reasned steadily oa to a high of 8f.02 at mm paiat before it fiaatty claaad at 82.00, ap II ooato. It aettvaSTtoaSad stocks lajtko larkat j aster day. l.MmUttoa shares.' 1
    710 words
  • Article
    KLSE ends on steady note
    519 10 FAIRLY bouyant conditions ruled at the Kuala Lumpur stock market yesterday with prices generally closing on a steady note. Trading was brisk throughout and was especially strong towards the late afternoon as buying fervour swept through the market. Again, interest was centred on the blue
    519 words
  • Article
    Unit trusts
    48 10 nTo-L. dkommto 1 L SiysssB: is a a-«-w. r ..M—•_■■■■• l.M MV LM UI MM a asggg* s g w A«A UMITTMT rowta—MHnU» > H {J| CSSSSfiS- in Sti22S5Li A) lM sessa. a: ,j s HI 141 ssssctses, 3uST- is is rBMOmrtk WMtlKtnSgt lM IJM rand IjT
    48 words
Page thumbnail Page 11
  • COMPANY NEWS
    • Article, Illustration
      Sin Chew looks to more growth
      702 11  -  ":»r MANO SABNANI ALTHOUGH newsprint coat* remained stable last .year, there are Indications that this period of bliss may be coming to an end with a possible hike In the price before the end of this year. 1 The chairman of Sin Chew Jit
      702 words
    • Article
      YHS(M) to buy farms
      532 11  -  •y JIMI NGOH AN OFFER has been made by Yeo Hlap Seng (M) Berhad for the purchase of the whole of the Issued share capital of Leong Sin Nam Farms Berhad. A statement issued Jointly by both companies said that the two boards have agreed to
      532 words
    • Article
      DIVIDENDS ANNOUNCED
      444 11 Currant payawat Ex Date Baota eloaa Data payabia ttayaar pwtamyaar Inchcapa Tin una HMg. Thna* Pub.—8TP (1975) EnYuSm Tim Dn.A jEjUtm M«U1Bm(8) HqbcLmsc W«ran EaaofFtaf.) Eaw> (OH.) UOL NatlmLMa Batnbwu Duff Day. CkiaTack M. Faadmllla Acai CCM Maul Box Bfed DKiruut KakSaag Dutch Baby S.M. lad. S.B.Timtan Sin
      444 words
    • Article
      SCRIP ISSUES
      148 11 Cmtmv Partfculan KxDsts Books doss MMlUkl O^hMnU UmBm BocMislssusaf 1 fori Bonus Issus of 1 for 4 b Bsnus Issus of 1 for t Bonus taut of 1 fori Bonus Issus of 1 for 1 Bonus taut of 1 for Bonus taut of 1 for 5 Bonus taus
      148 words
    • Article
      HARRISONS TO CLOSE HME OFFER SOON
      362 11  -  ®r SUSAN BEVAN HARRISONS and Crosfleld Is closing its one-for five share exchange offer for Harrisons Malaysian Estates (HME) on July 13. Harrisons announced earlier this month that Its offer had succeeded In Its gaining control of the Bri-tish-based group which represents its major
      362 words
    • Article
      Pacific Development buys Len Fatt
      192 11 PACIFIC Development credit Bhd has Informed the KLSE that It has purchased the entire 400,009 shares of 91 each In the issued share capital of Len Fatt Manufacturing Sdn. Bhd. for a total consideration of 9394,000. The consideration is baaed on the net asset backing
      192 words
    • Article
      Synthetic Resins expects surplus
      227 11 SYNTHETIC Resins (Malaysia), after three pathetic years in the red, will turn around In the current year ending June 30. In response to queries from the Kuala Lumpur Stock Exchange, following its recently proposed rights issue of two shares at $1 par for every five held,
      227 words
    • Article
      COMPANY MEETINGS
      140 11 Sta Bw« Cku (M) Bhd: AOM to be held at No. MA. Jalan Buklt Bintang, Kua•la Lumpur, at 11.00 a.m. on June 90. Sia Chrw JU Poh (Singmmti) Ltd: AOM to be helaat Sin Chew Building, No. 19, Keppel Road, 81ngapor»on June 90. <». Pacific DratopaMBt Cndlt Bhd:
      140 words
    • Article
      Malayan Breweries
      71 11 MALAYAN Breweries ha* informed the Stock Exchange of Singapore that it owns 6,600,190 stock units representing 9.0 per cent of the present Issued and quoted capital of Lion Breweries In New Zealand. This investment was acquired by MBL. over the years beginning June 1906. MBL also acquired during
      71 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      1130 11 WELLS FARGO BANKS SINGAPORE OFFICE PART OF A SYSTEM OF BANKING FACILITIES EXTENDING AROUND THE WORLD Statement of Accounts of Wells Fargo Company and its principal subsidiaries including Wells Fargo Bank for year ended December 31,1977 (in thousands) Consolidated Belanee Sheet ASSETS Cash and Out from Bank* Ovaraaas Dapoaits Invaatmant
      1,130 words
Page thumbnail Page 12
  • Article, Illustration
    MAS urges banks to publicise rates
    1008 12  -  S* SOH TIANG KENG TWO major recommendations to improve the nation's financial system were made yesterday by Mr. Mtehael Wong Pakshong, managing director of the Monetary Authority of Singapore. First, he urged hanks to sharpen their marketing techniques and provide more services and facilities
    1,008 words
  • Article
    Lock icon Dip in Bonn, US aid to Third World
    334 12 AFP MAJOR Industrialised i countries spent less on aid i to the Third World last year than In 1970. Disclosing thls,the OECD, which groups the world's leading non-communist industrialised nations, said the proportion of gross national product spent on aid last year
    AFP  -  334 words
  • Article
    Lock icon EEC agrees on mandate for Geneva talks
    496 12 Reuter EEC foreign ministers have agreed on the main lines of the negotiating mandate which will be handled by their executive commission at the multilateral trade negotiations (MTN) In Geneva on July 15, EEC officials said on Wednesday. These cover generalised tariff concessions,
    Reuter  -  496 words
  • Article
    Ex-Ben secretary accuses Choudhury
    590 12 A FORMER company secretary of Ben and Company alleged in a district court yesterday that it was the company's chairman who moved a resolution to send a statement to the Stock Exchange of Singapore stating that no information that could explain the sharp fall in the
    590 words
  • Article
    Lock icon When overseas Aussie firms will be taxed
    310 12 Reuter UNDKK A aew sjrstoa forelga subsidiaries ef Australian rnmpeaiss will only be taxed by Australia if tbey pay a dividend to tbetr parent. Explaining tbe controversial proposal to tax mm earnings at foreign based Australian Anna and individuals, Treasurer Jeba Howard said
    Reuter  -  310 words
  • Article, Illustration
    NEW SOURCE OF CREDIT
    364 12 SINGAPORE manufacturers and traders now have a new source of trade financing following the entry of s multinational trade finance group. London American Finance Corporation's (Lafco) new regional office here will expand the firm's activities in the Par Bast and Pacific region. The company ptrovMss a
    364 words
  • Article
    LONDON STOCKS
    532 12 LONDON. Thurs. Prices closed mixed after a quiet session with government stocks ■lightly firmer and loading industrials mixed, dealers said. At s p.m., the Financial Times index was down 1.7 at 453.6. Long-dated govsrnmsnt bonds gained up to point while snorts roes up to K. Loading industrials recovered
    532 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      68 12 I MSE y Z Call our Port Kelang or K.L. r Office for any emcrgcncy repairs to your ships afloat at Port Kelang or Port Dickson. MSE has now extended its services for wider coverage beyond Johore. *****6 Port Kelang office ***** Kuala Lumpur office MALAYSIA SHIPYARD AND Alin Pasir
      68 words
    • Advertisement
      Page 12 Advertisements Column 2
      134 12 6 for the HOLIDAY SEASON For Adults g«f£gl Normal Special $23.70 $17.80 v J 'A i Normal Price $13.16 Special Price $9 SO Normel Price $22.80 Speciel Price $17.10 GEORGE l|| ORWELL Normal Price $36.20 Speciel Price $27.20 Oeeifi Onaai Calaetlon Normel Price $22.80 Speciel Price $17.10 NE peNC-L WARANPEACE
      134 words
Page thumbnail Page 13
  • Article
    SHIPPING TIMES
    3504 13 MHBIWILB A guide to ships loading at Singapore for Ports around the World The following list tabulates, by port of destination the name of the ship, the shipping line involved, and the estimated dates of arrival and departure from Singapore port. Ciiinllw SekoOgteb haa a Joint Mrvice arrangement
    3,504 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      455 13 Scan Dutch V Fast and Regular Service To/From N.C. /SCAN/W.MED./U.K. Singapore: Tel. *****, Port Ketang: Tel. *****1. Kuala.Lumpur T «H. *****. Penang: Tel ***** SHIPPING EVERGREEN LINE (EVERGREEN WARINF CORPORATION) FAR EAST/RED SEA, MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE ALSO ACCOTINC CARGO FMfcSENOA, LATTAKIA, BEIRUT, ALEXANDRIA. BENGHAZI. TRIPOU (LIBTI) Sport
      455 words
    • Advertisement
      Page 13 Advertisements Column 2
      354 13 SHARJAH SHIPPING CO LTD (UNITED ARAB (MIRA'tS I* n iGfNTS H Ti SHABIAH SHIPPING (Si PTE IT D ORIENTAL SHIPPING CORPORATION W h floor Kheng Hoe Bid* HUAIA lUMPUR Tfl 7061 V (f Philip St Spore 1 ISLAND CARGO HANOIING Ifl *****3 *****7 *****0 PENANG tfl 6108^ UNIVERSAL FREIGHT SERVICES
      354 words
    • Advertisement
      Page 13 Advertisements Column 3
      252 13 Seatrain Lines Inc (USA) Trans Pacific Service Full Contain* Service to USA 17/7 vi fiUlf l/C M/l 17/1 a/7 m/i i7/i a/t a/i Full Contiintr Sorvict from USA l/C GULF OM VI 12/1 IVI FEEDER VSL a/i a/i u/7 Agents SINGAPORE K LUMPUR PENANG OPTORG Shipping *****44/ *****82 *****3/ *****3
      252 words
    • Advertisement
      Page 13 Advertisements Column 4
      345 13 I |AN SOON SHIPPING t, TRADING CO (PTE > lit) V -IN S V S A-» INDONESIA SERVICE "OCBTTMAJU" IMPORT J-7-71 MMKPAPAN. SAMAJHNOA •Ml ~CHER«T M6US- 2-7-71 4-7-71 UMN6PAMMMG •M.I. "SELAMAT DATANG" V7-7I 7-7-71 MKAKT* CAST MALAYSIA StRIICE •M.I. "SENG HONS" IN PORT J-7-71 SIBU. SARIKf I MNATANG •M.I. "LIMA
      345 words
    • Advertisement
      Page 13 Advertisements Column 5
      122 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore: Tet *****. Port Keiang: Tel. *****1. Kuaia Lumpur Tel. *****. Penang: Tel. ***** NOTICES FAR EASTERN FREIGHT CONFERENCE SAB AH, BRUNEI AND SARAWAK FREIGHT CONFERENCE NOTICE TO SHIPPERS CONGESTION SURCHARGE LATTAKIA Reference is made to the notice in
      122 words
Page thumbnail Page 14
  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      654 14 SHIPPING *************************8 FULLY CONTMNHiSD TO EUROPE uPOtT! rpm PJWMI H**| FlwwNiii^Ultant Nm*m E*im In Port 19/7 21/7 22/7 24/7 MmV 5/7 7/7 30/7 l/l 2/1 5/1 mi 14/7 U/7 5/1 7/1 l/l 10/1 top tor 21/7 23/7 12/1 14/S 15/1 17/1 •mM* 21/7 30/7 19/1 21/1 22/1 (31/1) Carter 4/1
      654 words
    • Advertisement
      Page 14 Advertisements Column 2
      723 14 a SANKYO LINEj AUSTRALIA SERVICE PJWhv far SUBLOOM SAILED FK.MCI.IKL THREE STAR 1/4 My IT». HQ. DMHONOSTAR (MM) 4/9 M* MCL.KUSYO (MM) 11/14 My 15/11 My J«UKLSJt) TUC MM 11/11 My 21/21 My DARWIN, BRIS, SYD, MEL BANGLADESH SERVICE MAT CARP It/II JULY 11/17 AIIT CWTTAfiOfl®, CHAUIA GENERAL AGENTS CONTAINER
      723 words
    • Advertisement
      Page 14 Advertisements Column 3
      415 14 .LAND U.S.A./ ASIA SERVICE enony rat ram ml tnmumo m pmlippmc 4QIH K00» HONG UONG BIDG 16 «AMII T QUAY SIIGSPORf Book Y r y i i i nil in FULLY CONTAINERISED SERVICE Go mm btttor to Mm Middle East PRIORITY BERTHING t DISCHARGE AT ALL PORTS Y'HAMA KOBE KAOSHIUN6
      415 words
    • Advertisement
      Page 14 Advertisements Column 4
      430 14 JONNE4IRITT 1/2 JUtT 1/1 WW MMOftCKKn 13/15 JULY WMMTtHKTT 24/21 WtY 27/21 JULY lnflf Ch#W#f JpKi AnHiMi »*c.K INDONESIA/ JAPAN SERVICE FP SAN JAPAN AND HONGKONG fieri laUrti S«r*tyi nmrnctymTT s/4 j*t «>w 13 jui» 4r *"E£L;. i -gfl* T %!«r CMNtr Saici RMtaM 7/1 JULY 16/18 JULY 29/30 JULY'
      430 words
    • Advertisement
      Page 14 Advertisements Column 5
      395 14 a \>i Orient Overseas Go*Uci*te/i Line lama wwi lm V 7 V 7 11/7 tt/7 a/7 n/7 17/7 a/7 ikpwe pcjun. Un CMCVN.ICIMKW ii/a 11/1 24/8 25/1 FROM EUROPE (VIA H Root lUotibunf Oilki 5/7 7/7 11/7 14/7 21/7 23/7 27/7 a/7 J/l 5/1 VI 11/1 U/1 11/ l ?4
      395 words
Page thumbnail Page 15
  • Page 15 Advertisements
    • Advertisement
      Page 15 Advertisements Column 1
      638 15 OCL Overseas Containers Limited mm mt imvHt MT II ta| 1? lag m m *m 55 It tat 21 A* It tot 12 M II to|(l7 Mt) tat M An M An It tot U tot it tat 8 tat 14 tat tii»M; f i- ill it Ht*»f Iran, fan
      638 words
    • Advertisement
      Page 15 Advertisements Column 2
      725 15 Ajuatmm cfßbn Una BkaFUmelQen line and NSMO VI My 7/ IMy T km MM, listan, Latus. fIUKW, T.ttary, Hull. «/t! Mr Vital I tart n/atapt am m tail* Urapa PwtMC p. HMMKIM M My MNMAM 17 tapt H tat Laiaaas, In toe, Aawttrtoa IMI. tt Mas laiioas, fcitaa. Amtaraaai Nail.
      725 words
    • Advertisement
      Page 15 Advertisements Column 3
      499 15 T, A I* >1 Xi V* •**m m u km u m TO 11 Ml II M| NR. Tm. n mi a mi mr, t»» aM| M. TO CWtf l*»p I ft* I*• la* Ja» •M|,VMp Ml MR, *wu •Mka U II M II 1* It 4 II M ■mi
      499 words
    • Advertisement
      Page 15 Advertisements Column 4
      507 15 Scan Dutch V r I fj nil 4 .Vi I »11ffV rrara wr~r I rr~ ND FROM MED/UK/ -~iii;m:i i.i i; r.vi r. UilMtl M'tucf a |-«M rao* S U« I) Ktoilloa P. Mint I'm jmimu U.M Will hJn ft:ut umi imii Mai iTS htllfur irtM total MM tain ttft.i
      507 words
    • Advertisement
      Page 15 Advertisements Column 5
      293 15 GUTHRIE BOUSTEfID THL BANK UNI 111) LYKES ORIfNT LINE i M!\J(.Af'OtU I 1 J-1-14 I'l > I Afj(. KUAI A lIMfl IM /(H/11 MNAl\j<, FESCO LINES FESCO STRAITS PACIFIC LINI m naric sirrn am nrnmr N** Tmtni Hf I. MTITAUT.'RT <«'> 111 My V 4 My IVM M 1 Mi'
      293 words
Page thumbnail Page 16
  • Page 16 Advertisements
    • Advertisement
      Page 16 Advertisements Column 1
      651 16 I K line KAWASAKI KISEN KAISHA. LTD. (VU SKZ) ky Cwtaiaar Vessels i PRB. iiw (HAL MT rem iiw I WE Ml MM t» U S'aore P. Kelang l-Havre HTwri Bremen mon TO WAM BAST TZ *L Ntwt P. Kelanf S'pore H. Konf Osaka 1 MM PUB. K SM* h
      651 words
    • Advertisement
      Page 16 Advertisements Column 2
      1109 16 E. C.-U. S.A. ATLANTIC/GULF SERVICE ACCEPTING Ftt/Ltt CONTAINERS FMM SYNE. f. SUM. PCRARC LptlNg Mr: NlfKI Ml TOM. OALTIMMC. H* ORLEANS. DMITM SiKfakort fctiMf I>I»K E.G./GREAT LAKES SERVICE lM** Mr MRfOU, NEW TMK, MONTREAL. TNMTi UITIMU •(TNfT. CMCUt. Priwi OtLaaan P. Keiang Sikgaporr •X*. MYSOM" INM 73 SCI) 0.10-11/1 M*
      1,109 words
    • Advertisement
      Page 16 Advertisements Column 3
      1026 16 mm i: ami •FULLY CONTAINERISED SERVICES: Tl ENRQPE (VIA SHO* CKNLU PANU NEPINNE coral neptire run CHEVALIER RUE KONCCONC CONTAINER MEICATW S pore P At I4o| SMy IMI it Mr uMy 1 Mty 71 M| 17 Mr aMr sAn m 1 An 12 An SfcamptM Mb«f( 23 My 27 My
      1,026 words
    • Advertisement
      Page 16 Advertisements Column 4
      627 16 m MALAYSIAN INTERNATIONAL SUPPING CORPORATION gfPHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM M ED/UK/CONTINENT/SCANDINAVIA •EST WK *nw I'aart li ■*•■!■»< 7 teaa X Hkvtg Ctn'g Aha A«(att*g ,m 1) IVttlM. (MM, MM ati, 4) k ni S pan EXPRESS CONVENTIONAL SERVICE to uk/continent HWIIUII lt/11 Ml H/M Jatf Htwf 31. Co.*
      627 words
    • Advertisement
      Page 16 Advertisements Column 5
      713 16 INTRASEA (PTE) LTD. RECRIAA IMEPENftENT SEMI/FUI CMTAJNER SERVICE T» EMRPE Swi r ftunf imtin Mr: Iftnu UNIW Mil I to* I M| 7 M| H*k|,Ma*/Awra. (>nin|. UHltt! Wtl! (CMtr. IM) 1 An Ntwi/rtM/CtMt/ M'Millet S'tOH (U.K.) MUtll Mil KM »Mi II M| Mtori/rua/tnltliw. Acttf<«t TkrM|» lt/t tor mum M «nt
      713 words