The Business Times, 19 July 1978
1978-07-19
1
16
https://www.nlb.gov.sg
https://eresources.nlb.gov.sg/newspapers/browse/biztimes
The Business Times
-
Title Section10 1978-07-19 1 BUSINESS TIMES M.C.(P) No. 218/1/78 WEDNESDAY, JULY 19, 1978 50CENTS10 words
-
BRIEFLY...
-
Article67 1978-07-19 1 AP MANILA, Tues. Representatives of the United States and Asean started a three-day meeting yesterday In preparation for the Asean-US ministerial meeting on development cooperation in Washington next month. l ne foreign Ministry said the meeting will consider, among other things, framework and procedure for economic cooperation,AP - 67 words
-
Article57 1978-07-19 1 AFP JAKARTA. Tues. Indonesia has proposed that driving licence Issued In Asean countries be valid in all five member countries, the Antara news agency reported from Ball today. The proposal was made by Sumpono Bayuajie, Indonesia's director general of land transportation and chairman of the second session ofAFP - 57 words
-
Article74 1978-07-19 1 Reuter BRUSSELS, Tues. The European Common Market has announced aid worth U*****.6 million (Ss32o million) to 17 developing countries In Africa and the Pacific. An EEC Commission spokesman said most of the aid would be in the form of grants and loans from the European Development Fund,Reuter - 74 words
-
Article71 1978-07-19 1 AFP THE HAGUE, Tues. Roughly one Dutch person in 50 is an alcoholic, according to health administration figures quoted In the newspaper, De Volkskrant here today. In an article dealing with the spread of alcoholism particularly among the young, the paper said that 286,000 of the Netherlands' 14AFP - 71 words
-
Article59 1978-07-19 1 Reuter TOKYO, Tues. Japanese Agriculture Minister Ichiro Nakagawa will visit Washington in September for talks on agricultural products in connection with the Tokyo round of multi-lateral trade negotiations, a government spokesman said. The decision was made by the Cabinet, which had been in close contact with PrimeReuter - 59 words
-
Article59 1978-07-19 1 Reuter TOKYO, Tues. Bank of Japan governor Teiichiro Morlnaga said the Japanese economy is recovering steadily, but there are still some uncertain factors including the yen's recent sharp rise. He also told a conference of the bank's branch managers that it was premature to talk about the needReuter - 59 words
-
Article75 1978-07-19 1 AFP GRONINGEN, (The Netherlands), Tues. Algeria Is offering 20 billion cubic metres of natural gas per annum to Europe, after the breakdown of negotiations to sell it to the United States. The Gasunie Company said today the Netherlands might buy some of the gas Negotiations have takenAFP - 75 words
-
Article77 1978-07-19 1 UPI NEW YORK, Tues. Stocks drifted lower early today as traders watched for signs of tighter money supply and weighed results of the Bonn live™ 0 con ence> Trading was moderately acThe Dow Jones Industrial Average, which eased 0.78 point yesterday, was off 2.85 points to 836.19 atUPI - 77 words
-
-
Chief Price Changes
-
Article140 1978-07-19 1 Rises Most active MTC OCBC FAN 660 905 555 +70 +50 +35 18 14 10 Sime Darby Cons Plant 478,000 335,000 Magnum Corpn Roth man* Nat Iron 360 432 480 Haw Par OCBC Faber Merlin 301,000 212,000 177,000 M Banking 430 10 Total Turnover: 7.24 up High140 words
-
Article, Illustration160 1978-07-19 1 Rises Most active M. Tobacco O.C.B.C. Fand N Magnum Corp D. Keramat High and Low Oentlng Sime Darby L. Perak U.O Bank 6.80 9.35 5.60 3.72 9.45 3.74 3.16 3.28 2.70 3.32 +1.15 .60 .20 +.16 +.15 +.14 .12 .12 +.10 .10 Sim Lim 518,000 Slme Darby160 words
-
-
Article689 1978-07-19 1 SIVA ARASU - MAS TO SEEK REASSESSMENT By SIVA ARASU THE PROPOSED clearing house for Asian dollar certificates of deposit (CD) is not economically viable says a feasibility report to be submitted to the Monetary Authority of Singapore (MAS) later this week. The report, prepared by the eight-man689 words
-
Article336 1978-07-19 1 BANKERS HERE agree that their minimum lending rates (MLRs) should be publicised but have yet to decide how this can be done. This is because banks use different methods to determine their MLRs and sometimes have different_rates for different types ofxredit facilities such as overdrafts,336 words
-
441 1978-07-19 1 SOH TIANG KENG - ■y SOH TIANG KENG ACCELERATED withdrawals led to a drop in net contributions to the Central Provident Fund last year. For the first time in 10 years, CPF has reported an operating deficit of $5.7 million due to Its decision to credit Interest to441 words
-
710 1978-07-19 1 QUEK PECK LIM - By QUEK PECK LIM SIME DARBY HOLDINGS' $475 million loan has been over-subscribed. The consortium loan received subscriptions of between $600 and $650 million, banking sources said yesterday. The loan for Sime's wholly-owned subsidiary, Malaysian Oriental Holdings Ltd (MOH), Is divided Into Ms2so million portion710 words
-
319 1978-07-19 1 INFLATIONARY premium levelled off in June as the ctmuner price index remained unchanged from the previous month. The CPI a barometer of the nation's cost of living stood at 155.9 points, the same as in May. Lower food prices were offset by the319 words
-
374 1978-07-19 1 RONNIE LIM - By RONNIE LIM SINGAPORE Petroleum Company la currently negotiating with a Japanese engineering firm for the project design of Its refinery expansion. The two other partners In the new SPC refinery company, BP Singapore and Caltex Asia, are also participating in the374 words
-
154 1978-07-19 1 AMERICAN officials are acting tougher than expected in textile trade talks with Hongkong government representatives. Only one day after the closed-door discussions began on Monday the US has stopped issuing further licences for the export to that country of women's, girls' and Infants'154 words
-
Page 1 Advertisements
-
Advertisement24 1978-07-19 1 whatever you need in menswear.getitat... MOHAN'S DEPT. STORE (PTE.) LTD. 321, Orchard Road/M *****22 (next to Mandarin HoM) Branch: 101,TangMnShopping Centre "toi *****40 Daily:9am-9pm24 words
-
Advertisement41 1978-07-19 1 CITROEN CX 2400 PALLAS has proved to be such a cartough efficient elegant 1611 7fU HEIIRV RIIG BGEMIES PTE ITO 9 LEV; cEE f- A Si GAP' BRUNEI AGENT RELIANCE DISTRIBUTORS 144 B JALAN CHEVALIER.BANDAR SERI BE :jAAA\ BRUNEI TEL *****41 words
-
Advertisement79 1978-07-19 1 Leader Page 6 SHIPPING TIMES JOINT venture to produce car SINGAPORE raakiai down' on LD C 7 industry'i 2 11 Vv*• SUNGEI Beei w9u 1b with GETTING to bow Mr. Marco bumper auntriae 11 P»lo and hia world I CHOUDHUKY'* trial 12 MEMOPAD 2, CROSSWORDS 2. AIRCRAFT SCHEDULE 5. TV79 words
-
Advertisement277 1978-07-19 1 LANIER COURIER the perfect secretary.... lOoz. wt. works 24 hours a day •nd never grumbles So* Agant>OON RAT.%fc532»38/53f103 The Olivetti Copia 405 copies anything crisply in only 4 seconds. It has built-in extras that are unique. Olivetti's beautiful compact, desk-top Copia 405 copies just about everything, three dimensional objects and277 words
-
-
TRADE AND INDUSTRY
-
Article, Illustration442 1978-07-19 2 HARDEV KAUR - SERIOUS WATER POLLUTION By HARDEV KAUR in Kuala Lumpur AT LEAST 860 estates operating various types of latex processing facilities and many more off-estate rubber processors In Malaysia may be affected by regulations to control the discharge of rubber effluents. The regulations according to the442 words
-
392 1978-07-19 2 CONSUMER prices for Peninsular Malaysia Increased by 0.5 per cent from 159.5 In April to 160.3 In May owing primarily to a one per cent Increase In the food Index. Marginal Increases of 0.1 per cent were also recorded in the Indices for392 words
-
Article81 1978-07-19 2 AN EXECUTIVE of General Electric arrives In Singapore today to review the marketing activities for GE's communications and data processing equipment here and in the Asean region. Mr Robert Gill, marketing International operations, of GE's data communication products department, will also discuss service support requirements for81 words
-
Article, Illustration190 1978-07-19 2 SINGAPORE travel agents have been commended on their high standards of ticketing, fare construction and allround knowledge of the industry. According to two Air New Zealand commercial instructors, Mr Roland Belcourt and Mr Carl Magnus, standards here are among the highest in the190 words
-
Article47 1978-07-19 2 AP IN THE wake of a spate of labour disputes in recent months, the Thai government approved a proposal yesterday to set up labour courts to settle such disputes. Labour unrest In recent months is thought to result from a rising cost of living APAP - 47 words
-
Article, Illustration275 1978-07-19 2 SINGAPORE Equipment Services has Introduced a new all-purpose Flat-AUis FLI4-C crawler loader. with a dump clearance of three metres, and a hinge pin height of 3.76 metres, the loader, which Is powered by a six-cylinder diesel engine, can be used for loading different types of trucks.275 words
-
Article152 1978-07-19 2 IBM has Introduced a new ranee of small computers to the local market. The range, Series/1, is a general purpose computing system which IBM says offers lowcost data processing, communications, and sensor-based capabilities. The new computers Is for experienced users who need multiple systems in either152 words
-
193 1978-07-19 2 A LIMITED company of the Penang Malay Chamber of Trade and Industry Is trying to acquire about 400 hectares of land in Sabah. The company Syarlkat Dewan Pernlagaan Pulau PI nan g Berhad Intends to cultivate cocoa on the land. It also plans193 words
-
Article252 1978-07-19 2 UPI A CONSORTIUM of 23 Japanese commercial banks has agreed to extend an 87.7 million mark (SsBo million) loan to Vietnam for the purchase of Japanese steel. The Bank of Tokyo announced yesterday that the agreement was reached in Tokyo on Monday following theUPI - 252 words
-
Article327 1978-07-19 2 JOHN LIM - By JOHN LIM ROADSTAR Electronics, a tolnt venture between loadstar Industrial Corporation of Japan and Roadstar Singapore, will assemble car cassetteplayers here In midSeptember. Roadstar Industrial Corporation which has a 90 per cent stake in the venture, has been assembling car cassette-players In Japan. It accounts327 words
-
Article128 1978-07-19 2 Reuter BURMA will begin construction earlv next year of a coDDer smelter with a 60,000-tonne a year capacity. The plant, expected to be completed In 1981, will use the large copper deposits of the Monvwa area. Yugoslavia has agreed to provide a US$7O million (SJI6IReuter - 128 words
-
Article353 1978-07-19 2 COURSES AND TALKS May 8-Aug 17: Aust Insurance Institute Assoclateshlp Course, SITC, SITC June 5-July 29: Life Agents Certificate Course, SITC, SITC July 17-19: Increasing Hotel •Sales Effectiveness, KL Hilton, Marketing Improvements Aug 7-8: Costing financial analysis for marketing managers; Hilton, Price Waterhouse Aug 10: Performance management, Hilton,353 words
-
-
Page 2 Advertisements
-
Advertisement156 1978-07-19 2 Ultra-Orthoflow: Something new in oil refining: A recent licensing agreement gives refiners worldwide access to the combined fluid catalytic cracking technology and experience of Pullman Kellogg and Amoco Oil Company, a subsidiary of Standard Oil Company (Indiana). The new Ultra-Orthoflow design incorporates Amoco's highly regarded Ultra Cat regeneration technology with156 words
-
-
Page 2 Miscellaneous
-
Miscellaneous607 1978-07-19 2 I I -IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Rose makes us angry (4) 4 Eats the best (6) 8 Saucy voungster soft In the head (3) 10 Drinking members? (4) 13 By which plants get water (i-5) 14 Like an optimist's thinking? (7) 15 Al's an expert on this old607 words
-
-
OVERSEAS
-
Article, Illustration65 1978-07-19 3 SIR PETER Vanneck, the Lord Mayor of London, complete with crash helmet and badge of office, tests a motorcycle fitted with a chest pad/restrainer one of many road safety items currently undergoing trials at the Transport and Road Research Laboratory at Crowthorne in southern England. Sir Peter's test65 words
-
Article288 1978-07-19 3 AP BRITAIN'S police officers are to get hefty pay increases of up to 45 per cent in a two-stage deal announced by the Labour government on Monday. The 5,500 officers of the Royal Ulster Constabulary in strife-torru Northern Ireland will get an extra £500 (552.127) aAP - 288 words
-
Article145 1978-07-19 3 AFP A NUMBER of new oilfields have been discovered on the outskirts of China's leading Taching oilfield, a Hongkong left-wing paper reported yesterday. Taching, situated in noth east China's Heilungkiang province, is China's industrial pace-setter on whose pattern party Chairman Hua Kuo-feng had encouraged workers toAFP - 145 words
-
265 1978-07-19 3 UP THE WORLD Bank has decided informally that Greece will no longer be eligible for low-Interest loans designated for developing countries because of Its improved economic condition. The bank's new stance comes at a time when tensions may Increase if the US lifts itsUP - 265 words
-
Article414 1978-07-19 3 Reuter THE BRITISH composite Index of longer leading Indicators fell 1.4 points to 102.1 In June (base 1970) from a revised 103.5 In May. The index has fallen for eight months in succession, and stands 11.2 points below its 113.3 level In October last year,Reuter - 414 words
-
Article102 1978-07-19 3 Reuter THE TOTAL number of unemployed in Britain this month rose to over 1.5 million for the first time in five months. According to figures released by the Department of Employment, the total rose by 139,750 since June and now stands at 1,585,811, or 6.6 per centReuter - 102 words
-
Article760 1978-07-19 3 NYT A MASSIVE reorganisation of the Mexican State steel industry four months ago has resulted in higher productivlty. However, American fears that the industry will soon be competing for its markets seem premature. In the early *****, US producers in the south-west frequently accused Mexicans of "dumping"NYT - 760 words
-
WORLD IN BRIEF
-
Article478 1978-07-19 3 Agencies THE WEST German government has assured visiting New Zealand Foreign Minister Brian Talboys of its support in expanding economic cooperation between Western Europe and the South Pacific, sources said yesterday. New Zealand seeks ways to Improve its agricultural exports to the EEC which seriouslyAgencies - 478 words
-
-
857 1978-07-19 3 Reuter AP RESTRAINT In fiscal and monetary policies Is the key to a meaningful reduction In the US Inflation pate, Citibank economists said. In the bank's current economic letter, they say there is a tangible possibility that this year could mark a turningReuter; AP - 857 words
-
Article845 1978-07-19 3 Reuter THE IMF reported that publicised Euro-credits rose to US$l4.5 billion (5533.3 billion) In the first quarter from $11.2 billion In the final quarter of 1977. The breakdown Is as follow: the Industrial countries rose to $4.6 billion In the first quarter from $3.2 billion In theReuter - 845 words
-
Article223 1978-07-19 3 Reuter YIELDS fell at the weekly auction of three and aix-month US Treasury bills. The Treasury said the yield on the three-month bill fell to 7.113 per cent from 7.188 per cent the previous week, while the yield on the six-month bill was 7.497 per cent compared withReuter - 223 words
-
Article243 1978-07-19 3 UPI US FEDERAL prosecutors may file a superseding Indictment in the alleged theft of valuable trade secrets from the Celanese Corp. Assistant US attorney, Mr. Joel Collins, said on Monday that the original indictment handed down In May named Mitsubishi International Corp, part of a mammothUPI - 243 words
-
286 1978-07-19 3 AP THE US government on Monday refused to Impose special tariffs on Japanese welded stainless steel pipe and tubing. The US International Trade Commission, in a 5-1 decision, ruled that domestic producers were not Injured by the imports. Stainless steel pipe and tube isAP - 286 words
-
Article70 1978-07-19 3 Reuter THE FORD Motor Company said it expects to sell more than 15 million vehicles in calendar year 1978. Executive vice president William Bourke said yesterday that because of the spring and summer sales, Ford is aiming for Industry sales of 11.2 million carsReuter - 70 words
-
-
Page 3 Advertisements
-
Advertisement113 1978-07-19 3 YOU NEED AN INTERCOM YOUR RECEPTIONIST NEEDS AN AIPHONE When you instal an Aiphone In tercom System in your office, your Receptionist can actually stay at the front desk Instead of chasing you down, she can push a burton and page Your Receptionist needs an Aiphone for more efficient use113 words
-
-
RAW MATERIALS
-
Article440 1978-07-19 4 OPENING prices yesterday were marked down half a cent and the market fell further on lack of buying Interest and some stale bull selling before some shortcovering emerged at the lows. Prices turned easier towards the morning close as buyers withdrew. The morning session closed slightly440 words
-
Article394 1978-07-19 4 Prices In cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int 1 R S.S. prompt f.o.b. 226 00 226 50N 225 50 226 OON Int 1 R.S.S. August 226 25 226.50 225.75 226 00 Int. 1 R S.S. September 226.75 227 00394 words
-
Article98 1978-07-19 4 NOON SSR and SMR prices yesterday: August September RAS (Current Mth) (Forward Mth) Buyer* Seller* Buyers Sellers (centj per k«) (cents per k() SSR 20 (1-ton pallet) 209 50 211.50N 210.50 212.50N SSR 50 (1-ton pallet) 207.50 209.50N 206 50 210.SON MRELB SMR5CV (1-ton pallet) 235 5098 words
-
Article31 1978-07-19 4 Rubber: July 18 Singapore: August 225.75 cents (down 1.25 cents) Malaysia: August 230.75 cents (down 0.25 cent) Tin: M$ 1,710 (down $8) Official offering: 190 tonnes (down 43 tonnes)31 words
-
Article221 1978-07-19 4 TERMINAL sugar in London yesterday fell to new life-of-contract lows closing the first call £1.40 to C 1.65 per tonne down from Monday night. But post-call dealings saw the market modestly above the lows on isolated shortcovering, dealers said. They said sentiment in early trading and on the overnight221 words
-
Article395 1978-07-19 4 THE Singapore produce market closed mixed yesterday. While copra in bulk and coconut oil in secondhand drums were reported to be quoted at higher prices, pepper and coffee eased. Fresh buying interest in copra and coconut oil from countries like Russia. Aden. Karachi and Chlttagong helped to firm395 words
-
Article264 1978-07-19 4 THE sugar market yesterday closed 0.18 US cents lower In continued featureless trading, with 11 lots traded against six on Monday. Traders were reluctant to enter the market due to the continued downtrend of the world sugar price coupled with a thin local market which has had net264 words
-
Article196 1978-07-19 4 YARN and Cotton In Hongkong dollars, spot ex-godown: Cotton Yarn; China Blue Phoenix 20 s 1.740. 3252.200: 4052.300(per bale of 400 lbs). Piece Goods: China Butterfly and Globe Brand unq. Dragon Head unq. Five Lamb J unq. Flower and Butterfly unq. Flying Geese unq (Per piece 36 Inches196 words
-
Article437 1978-07-19 4 ROBUSTA futures In London yesterday ended the opening call steady but C 5 to t.22 per tonne down from Monday night. Turnover was 251 lots. New July traded at a new contract low of C 1,020. Other Months except, spot July, traded at Monday's new lows before recovering slightly437 words
-
Article227 1978-07-19 4 TERMINAL cocoa in London yesterday finished the first call with gains from Monday of £26.50 to £3 per tonne although as much as £12 below traded highs. Dealers said sentiment was bulllshly influenced by trade reports of a 7.45 per cent increase In secondquarter West German grlndlnes from the227 words
-
Article76 1978-07-19 4 C I.e. North European ports. In US dollar per ton unless otherwise stated LONDON: Monday PicvteiM Malaysia 5% f fa bulk per tonne MSslr September WOsIr Sumatra 5% ffa bulk «92Sslr July August September October mwir S4SDd Mvsnwpd ITMr aa<Mr/641Vbpd 806s lr'802 Sod SMMr/ 575pd November unch 55776 words
-
Article258 1978-07-19 4 THE STRAITS tin price in Penang yesterday fell MsB to $1,710 per plcul. Dealers attributed the continued decline to Monday's easier London closing despite a reduction in tin supplies from miners. However, some speculative demand was noted at this level from the US and Japan with a little258 words
-
Article235 1978-07-19 4 CHICAGO soybean futures on Monday finished with losses of ten to 15 US cents a bushel, but the market rallied from the day's lows in the last 15 minutes. Scattered commercial support, especially In the November contract, triggered some local shortcovering and light com-mission-house buying, traders said. The cut235 words
-
Article148 1978-07-19 4 WHEAT futures closed with losses of 3% to five US cents a bushel, slightly above the day's lows, in Chicago on Monday. News that the China summer grain harvest rose from last year, and trader expectations that China may not be a large buyer of any more US wheat148 words
-
Article202 1978-07-19 4 BANGKOK rice prices were Suoted as follows yesteray: (In US dollan per tonne P. 0.8. basts Bangkok) While Rice: 100 pet Ist class 432. 100 K2nd clan 417,100 pet 3rd class 412. rt 403. 10 pet 385. IS pet 377. 20 pet 372 25 pet 302 35 pet unq202 words
-
Article346 1978-07-19 4 COPPER wlrebars In London yesterday finished unchanged after trading within a narrow range throughout the morning. A later rallying trend at New York the day before, and a steadier trend in gold provided underlying support in the face of seasonally quiet outside conditions, trade sources said. Dealings were moderate346 words
-
Article167 1978-07-19 4 THE Hongkong silver market yesterday eased 50 HK cents to HK5244.50 per 10 ounces in continued thin trading, with turnover estimated at 10,000 ounces, dealers said. The day's fixing also eased 50 cents to HK5244.50. The local closing was equivalent to 5.2547 US cents per ounce, slightly higher than167 words
-
Article381 1978-07-19 4 THE KILOBAR in Singapore yesterday opened at 5513,758 and closed at $13,646. These prices were also the lowest and highest of the day. Spot gold for London opened at U*****.40/60 and closed at a high of U*****.40/60. The tone of the market was moderate while sentiment bullish. The London381 words
-
Article73 1978-07-19 4 ZINC by the end of the morning ring was £0.75 per tonne higher for both cash and Three Months in London yesterday. Prices dipped on the premarket with buyers still rather reserved after Monday's shakeout, and Three Months traded from £315 to £313 per tonne. However, values displayed a73 words
-
Article69 1978-07-19 4 LEAD ended the morning ring L 1.75 per tonne down for cash and C 3 lower for Three Months In London yesterday. Prices opened around Monday afternoon's slightly lower kerb levels but thereafter held relatively steady aided, dealers said, by trade reports that this week's lower levels had resulted69 words
-
MONEY AND EXCHANGES
-
Article476 1978-07-19 4 THE US dollar yesterday weakened against most currencies on the foreign exchange market as traders continued to be pessimistic about the US economy and currency. Against the yen, the US unit opened at 203.30/40 to close lower In Tokyo at 202.15/25. Profit-taking operations in the market brought It476 words
-
Article169 1978-07-19 4 Asian rates ASIAN currency deposit Interbank rates as at close on July 18: U8 Mian (Spot) Offer Bid 7 days 1 mth 2 mths 3 mths 6 mths 9 mths 12 mths a i/i6 .a vie ....8 0/16 7/8 3/1# 1/4 vie 8w. Fr». 7 15/16 8 vie 8 7/16169 words
-
Article21 1978-07-19 4 THE average rate at which Singapore banks are currently prepared to lend to their beet customers is 7 per cent.21 words
-
Article223 1978-07-19 4 THE US dollar for overnight delivery yesterday closed sharpfy lower at 202.15 yen compared with a 203.50 opening and 202.95 at Monday's close. The dollar moved erratically between 201.90 and 202.30 in active late trading after rising briefly to 203.85 yen Initially, dealers said. The rate fell to a223 words
-
Article285 1978-07-19 4 THE dollar yesterday traded nervously lower In early post-Summit business. No large positions were being taken although there was a measure of disillusion In financial markets with the summit outcome. But subdued expectations before the summit had moderated any reaction, dealers said. Initial trade was, in any case, confused285 words
-
Article226 1978-07-19 4 ALTHOUGH off its best levels, the US dollar closed firmer in sporadically active trading on Monday. Dealers said the US unit strengthened for most of the day as operators awaited the outcome of the Bonn summit. However, a slight selloff developed after the release of the final communique226 words
-
Article248 1978-07-19 4 THE US dollar yesterday closed easier In hectic, nervous trading as the market's disappointment at the outcome of the Bonn summit became Increasingly clear. The dollar's early strength dissolved when Asian operators completed their Initial assessments of the summit's implications and finding no concrete proposals began selling dollars, dealers248 words
-
Article54 1978-07-19 4 AUSTRALIA and New Zealand exchanges on July 18: AUSTRALIA: US dollar *****/ 1.1420 Sterling 0.6110/ 0.6042 ninety-day airmail buying rate*, sterling 0.6312 US dollar 1.1799 ninety-day forward buying iatea: sterling 0.6117 US dollar 1.1406 NEW ZEALAND: Stertlnc 0 5511/ 0.5461 US dollar 1.0301/ 1.0291 Ninety-day airmail buytng rate*: Sterling54 words
-
Article44 1978-07-19 4 FRANKFURT exchanges opening quotes on July 18: U8 2.0630/40 IWtW) Can 1 8380/10 8U 3.889/890 D Pi 92.66/75 8 FT 113 05/20 Lit 2.427/437 F Fr 46 15/25 N Kr 36.00/10 B Fr (con) 6 344/354 B Fr (fin) 6.25/26 Yen 1 0200/2044 words
-
Article72 1978-07-19 4 Euro rates LONDON Eurodollar deposit prices were steady In quiet trading yesterday morning. Eurodollar deposit! opening quote* on July 18: Overnight 7-15/16, 7-13/16 Wed/Thur 7-15/16. 7-13/16 Thur/Frl 23-1/8, 23 Call two day* 7-15/16. 7-13/16 Seven days fix and notice 8-1/18.7-15/16 One mth 8-5/16, 8-3/16 Two mth* 8-1/2, 8-3/8 Three mth*72 words
-
Article55 1978-07-19 4 ZURICH exchanges closing quotes on July 17: US 1.8X70-8285 Stg 3.4383-4431 Can 1.6362-6381 D Mk 88 3860-5044 O FT81.9283-82 0323 F Fr 40.7985-86.03 B Fr 5.6077-6156 D Kr 32 4022-4375 N Kr 33 8961-7382 8 Kr 40 0570-09T: Ut 0.2151-2153 Au* ach 12 2762-2824 Port 3.9881-0011 Spain 2.3565-3660 Arg55 words
-
-
-
Page 4 Advertisements
-
Advertisement451 1978-07-19 4 THE GOVERNMENT OF MALAYSIA CONSTRUCTION OF BINTULU DEEPWATER PORT CONTRACT NO. 3 DREDGING international vontracT; NOTICE OF PREQUALIFICATION OF TENDERERS The Government of Malaysia hereby invites suitably qualified and experienced contractors for prequalification for Contract No. 3 Dredging, which forms part of the several contracts for the construction of Bintulu451 words
-
-
TRANSPORT
-
1027 1978-07-19 5 VINCENT STOVE - By VINCENT STOVE THE AIR cargo Industry Is growing faster than any other transport Industry, and nowhere is this more apparent than in the Pacific region. This emerged quite clearly from Australia's first international air cargo symposium held In Sydney last week. Pan America's1,027 words
-
198 1978-07-19 5 P and O's new ship for Its Australian route will be named Sea Princess. She will be delivered to the line In September and will enter service next February after a fourmonth refit. Sea Princess will take over the cruises previously planned for Arcadia, which198 words
-
Article110 1978-07-19 5 LARGE BULK carriers lost further rate ground In the North Atlantic grain market. Last week's reported dramatic drop of 95 cents to U554.75 ;5510.92) was denied, but on Monday the Suorva accepted $4.90 (FIO) for a 73,000-tonne JulyAugust grain haul from the US Gulf to Holland. Great Lakes-Continent110 words
-
Article, Illustration380 1978-07-19 5 ARRIVALS TODAY KEPPEL WHARVES Gunung Tambora (after Glso Maru) 40/41 Hoegh Elan (after Ibn Albelta) 8/9 Kuwait Horizon (1100 after Rio De Janeiro Maru) 44 Makhtum Kull (after Ruth Lykes) 38/39 Nedlloyd Adelaide (0600 after Wakagiku Maru) 3/4 New Horse (after Sea Union) 13/14 President Cleveland (after380 words
-
Article, Illustration138 1978-07-19 5 THE Port Kluf Authority hit ordered two fork-lifts, Series LX 52 models, (above) coating more than MJ900.000 to help speed up loading and unloading of ro-ro (roll-on, roll-off) ships. The first fork-lift will be delivered in November and the second a month later. Mr Joe138 words
-
Article787 1978-07-19 5 FT A NEW breed of shipowners is surfacing in Greece. Publicly-owned shipping companies whose shareholders are small-time farmers and workers are now competing against the legendary Greek private shipowners. Seven years ago, a buncn of small-time Cretan lorrydrivers and marketgardeners, spurred on by their Orthodox Bishop, pooledFT - 787 words
-
Article667 1978-07-19 5 FREIGHT RATES In Southeast Asia are generally lower than northern Far East rates. Fortunately, low rates and reasonably reliable service often go together. However, it should be noted that In recent fixtures between Thailand and Indonesian ports, the rates have Increased by 20 per cent. There are667 words
-
Article736 1978-07-19 5 ARRIVALS Service Local Operator Number Time From MAS MH601 0700 KUL TMA TL374 0530 TPE MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0815 PEN MAS MH607 0845 KUL MAS MH671 0925 PEN/KUL CPA CX710 1005 HLP GIA GA980 1030 HLP THAI TG423 1035 BKK736 words
-
-
Page 5 Advertisements
-
Advertisement43 1978-07-19 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****5 CITY TEL *****55 Call us for you. local or onward reservations r.. (O) economical packaged air-conditioners. SPLIT-TYPE "> Consult Sole Distributor: \AJ Mil ACMA ENGINEERS (PTE) LTO. Lb J 17, Jurong Port Road, JurongTown, Singapore 22. Tel: *****21.43 words
-
-
Article816 1978-07-19 6 THERE is always cause for concern when Institutions lose money. When that Institution is the Central Provident Fund and the deficit is its first in 10 years, there seems a reasonable ground for alarm. Yet contributors to the Fund should not lose heart and fear816 words
-
Article, Illustration1641 1978-07-19 6 I'M HAPPIEST WHEN I'M BUSIEST WHAT do hotel managers do? Few realise that the natural retort to this common enough enquiry is really "What don't they do?" A hotel is something like a living organism, humming away day and night and1,641 words
-
Page 6 Advertisements
-
Advertisement280 1978-07-19 6 W to wine and dine... Sandeman's Cream Sherry You don't have to pay a high price for a good Cream Sherry. Another quality product from 405/407 Havelock Road, S'pore 3. Tel: *****1 lon Bar Where beautiful things happen come around to lon Bar for a swinging get together where Toto280 words
-
Advertisement41 1978-07-19 6 Manila's foremost strolling minstrels serenade you with Spanish and Latin American ballads, pops. Country and Western and their very own Filipino songs. except Sundays at the and the (Ground Floor) (2nd Floor) £*3 SINGAPORE HILTON B THE rtC/MT. Of YOUW WOWLD41 words
-
-
Page 6 Miscellaneous
-
Miscellaneous63 1978-07-19 6 WEATHER outlook for Singapore from 6 a.m. to noon today: Isolated showers around mid-day. Report for 24 hours prior to 7.30 p.m. on July 18 at the airport: Maximum Temperature 31.5° C Associated Humidity 69 Minimum Temperature 24.0° C Associated Humidity 92 Hours of Sunshine 8.25 Rainfall in Millimetres nil63 words
-
Miscellaneous258 1978-07-19 6 m&VtWDTO 3* SINGAPORE 5 PM Opening announcements followed by The Beverly Hillbillies Shorty Go Home (Repeat) Diary Of Events (Malay) Bonanza Intermission Opening announcements followed by Petticoat Junction Chicken Is Missing (Repeat) 0 News in Brief 0 Timang Tinggi Tinggi (MalayRepeat) 0 Candid Camera News and Newsreel in Malay Capriccio258 words
-
-
1320 1978-07-19 7 DILIP MUKERJEE - By DILIP MUKERJEE OUT OF THE total exports of US$27 billion in 1976 from •all less developed countries !taken together, Singapore's share at US$l.34 billion was almost 5 per cent .and Malaysia's at US$l.O6 ;bllllon was 4 per cent. Their achievement is seen1,320 words
-
652 1978-07-19 7 TAKESHI SATO - By TAKESHI SATO Reuter may soon not be the only board game to thrill world with its Karpov-Korchnoi spectaculars a J'Go Amateur World Cup" for 34 players from all over world has just been announced. m Go, a 4,000-year-old gameReuter - 652 words
-
Article654 1978-07-19 7 NOT a very Jolly lot, the surveyors of Singapore when dancing time finally came after the dinner and speeches at the Singapore Institute of Surveyors' "do" over the weekend, the whole hall cleared in a matter of seconds. Everybody went home. The band was left facing654 words
-
Article995 1978-07-19 7 LESTER BROWN - ■mmama [FORPM, •y LESTER BROWN j Lester Brown has recently > written a book "The* Twenty-ninth Day: Accom-i modating Human Need& l and Numbers to the Ear th's Resources" for World** watch Institute of Wa*• shington, US. In recent months, Americans have watched995 words
-
Page 7 Advertisements
-
Advertisement41 1978-07-19 7 1 ->« ■m r r »>•••- V TODAY -OKOH Lunch > m S 3 branches for your convenience: SINGAPORE OKOH Supreme House, Penang Road. Tel: *****1 I OKOH OF GIN2A Hong Leong Bldg., Raffles Quay. Tel: *****81 BKATSURA Orchid Inn, Dunearn Rd Tel: *****241 words
-
Advertisement102 1978-07-19 7 It's the toast of the town. IMPERIAL BAR A Mrw y i c i J V What is it about the Imperial Bar that brings them in night after night? j The entertaining live music? The reduced drink prices during Beat The Clock (5 to 7 p.m.)? The Imperial Beauties102 words
-
Advertisement77 1978-07-19 7 HOTEL ASIA 37 Scolts 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 Scolts Road, Singapore 9 Tel: *****1 HOTEL GRAND CENTRAL 22 Orchard/Cavenagh Roads, Singapore 9 Tel: *****4 HOLIDAY INN77 words
-
Advertisement75 1978-07-19 7 HOTEL MALAYSIA 40 Cuscadcn Road, Singapore 9 Tel: *****1 THE MANDARIN SINGAPORE 333 Orchard Road, Singapore 9 Tel: *****1 THE MARCO POLO Tanglin Circus, Singapore 10 Tel: *****1 HOTEL MERLIN SINGAPORE 7500 Beach Road, Singapore 7 Tel: *****11 MING COURT HOTEL Tanglin Road, Singapore 10 Tel: *****3 HOTEL NEGARA 1575 words
-
Advertisement74 1978-07-19 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 Grove74 words
-
-
Page 7 Miscellaneous
-
Miscellaneous52 1978-07-19 7 BnStoW": RanJt Ehc&eflS Vou cfv* servjouß ujpntcm e>s/ rre SPOT ON SGJ&M TMIRTy I UJRKe UP sevGN FoRTy nvc roi SMPVCO, RND Repoy to go e»&H-^o r^^oTp2f^pr sees me ppcimg tmc fl-fviFO*m PvMD N\Ne o" CLOCX sees one U^KIMG »mtd my off ice... fb\ N»Me -HPtfD PiT 1T... CftEATuRe OF52 words
-
-
INTERNATIONAL STOCK MARKETS
-
Article332 1978-07-19 8 EUROPEAN MARKETS AMSTERDAM prices firmed In ■antral on Monday although trading remained quiet. Philips and Unilever were unchanged in otherwise firmer Dutch Internationals, led by Royal Dutch 1.40 guilders higher. Elsewhere most publishers were very firm. KLM was 2.50 guilders higher, Natlonale Nederlanden 2.30 and Pakhoed 1.20332 words
-
Article176 1978-07-19 8 JULY 17 Fls ABN Ahold Akzo AMEV Amfas Amrot Bank Bergoss Berk BoU C.£onumiJ -IKES" n Calve Delft DetlMlj Ennla "Pbkker >Pord Oamma Odder -Otstbroc u.Qobain Hagemeyer Helneken jJlolland-Am Hoogovens "ftundou •'W IfttnMuller «KLM >t> KNSM Meneba Mid bank -.Naarden National Ned Ned Scheepvaart Oce Orlnten merer. Pakhoed Parlsbas176 words
-
Article208 1978-07-19 8 JULY 17 Dm Aef-Telefunken Afcso AMz Leben Allz Vers BASF Bay HT Wbank ,.B%y Vbank Bayer BBC BMW Cassetla Chem Verw ""XUmmerzbank *Contl Oumml -"Daimler-Benz DAgussa Demag Deutsche Bank Dresdner Bank Dt Texaco Dyckerhoff ST A Enka Olanxs Oelsenberg OHH Hapag-Lloyd lnipener 1 Ifcechst Hoesch Horten KallSalz Karstadt n208 words
-
Article269 1978-07-19 8 JULY 17 Frs CORBE1LLE Alr-Llqulde B S N Qervals Danone CSF(ThomsonCsf) Cle Francalse des Petroles Compagnle Flnanclere Compagnle Generate Credit Foncler De France Hachette (Llbralrle) Machines Bull Mlchelln(B) Parlbas Pechlney Clglne Kuhlmann Peugeot' Philips (Nv Oem Bealt) PrlntempsS A Rhone-Poulence SA Royal Dutch Sue# Cle Flnart De) Thomson-Brandt Uslnor269 words
-
Article98 1978-07-19 8 JULY 17 Lire Anic 95 unch Assoc Gen ***** -160 Bastogl 444 -2.25 Centrate Flat 1750 -12 Flnslder 128 +2 Gen Immob 89.50 -3 IFlPrl 2210 10 Italcementl ***** unch t taigas 704 -21 Italstder 238 25 +2 25 Magnet! M Pf 498 1 Maretll Ere 321 12 Med98 words
-
Article185 1978-07-19 8 JULY 17 Francs Actions Sulsses 205 W Alusulsse Br 1255 -10 Alusulsse Reg 513 +1 Brown Boverl Br 1645 unch Clba Gelgy Br 1115 unch Clba Gelgy PC 830 10 Clba Gelgy Reg. 587 unch Credit Suisse Br 2170 10 Credit Suisse Reg 411 unch Elektrowatt Br 1750 15185 words
-
Article94 1978-07-19 8 ■JULY 17 Frs FORWARD MARKET Acec 311 unch Arbed 2405 -5 Astur 818 unch Brascan 482 unch Bru-Lamb 1555 15 Canpac 580 ♦2 Cock 443 -23 De Beers 195 ♦3 Ebes 2240 10 Electro be! 8810 10 Qb-Inno-Bm 2235 +5 Gev 1302 unch Hobok 2385 -75 Petro 3795 ♦594 words
-
Article63 1978-07-19 8 FINANCIAL TIMES INDUSTRIALS Monday 479.3 Friday 474.4 Week Ago 465.5 DOW JONES AVERAGE INDUSTRIALS Monday 839.05 Friday 839 83 Week Ago 816.79 LONDON DOLLAR PREMIUM Monday 106V« to 106% Friday 103* to 103% H.K. HANG SENG Tuesday 549.31 Monday 557.22 Week Ago 580.42 SYDNEY INDUSTRIALS Tuesday 427.39 Monday63 words
-
Article595 1978-07-19 8 TOKYO Source: DBS-Daiwa THE Nikkei Dow-Jones average closed yesterday with a slight loss of Yo.7oat Y5.636.15. Turnover was estimated at 280 million shares, up from 220 million on Monday. In the morning session, the market opened firm over a broad front, due to news that the Bonn meetingSource: DBS-Daiwa - 595 words
-
Article408 1978-07-19 8 WITH only one attempt at a rally Just before lunchtlme yesterday. the market continued to slide on very low turnover. Brokers cited the rise In Interest rates and uncertainty over the outcome of the Bonn summit meeting as the reasons for the apprehension by local investors, but It would408 words
-
Article381 1978-07-19 8 THE market was narrowly mixed In quiet trading yesterday, with some strong gains In selected Issues Dealers said Coal and Allied gained 15 to 4.65 on Its new coal contract with Japan, while Kratos Uranium firmed 11 to 51 cents on reports It found uranium In the Northern Territory.381 words
-
Article231 1978-07-19 8 Reuter GAINS In the gold sector on Monday outnumbered losses by two to one In moderate trade. Gains of up to 30 cents were seen. Mining flnanclals followed the trend In golds and were generally firmer but occasionally of the top. De Beers rose to 712 (70S), while AnamlntReuter - 231 words
-
Article237 1978-07-19 8 SHARE prices closed sharply higher In active trading on Monday. The composite Index was up more than eight points, with advances In 10 of Its 14 component groups. Gains outnumbered losses 255 to 187. JULY 17 T CS Abttlbl 13% Alcan 31 Algoma 22 V, Bank Mont 22* Bank237 words
-
Article123 1978-07-19 8 THE market closed higher across the board In brisk turnover yesterday. Dealers said turnover rose to 15.33 million pesos from Monday's 12.96 million. JULY 18 Pesos Acoje Mining .011 0 0005 Atlas Con. A Atlas Con B 20.50 +0.2 BaguloGold 0094 unch Benfruet Con B 28 00 -1.5 CDCP123 words
-
Article216 1978-07-19 8 THE market eased yesterday and the Book Club index fell 0.30 point to 164.52 on turnover of 27.2 million baht. Dealers said Bangkok Bank fell three baht to 376 and Bank of Ayudhaya two to 276, while Bangkok Metropolitan Bank and Slam Commercial Bank were untraded. Bangkok Investment fell216 words
-
Article824 1978-07-19 8 NEW YORK PROFIT-TAKING late In the Monday Session trimmed earlier gains and the market finished narrowly higher In moderate trading. Analysts said the prospect of a reduction in the capital gains tax. along with bullish reports on corporate profits, contributed to the Initial strength. D-J industrials added more824 words
-
Article1600 1978-07-19 8 July 17 CHICAGO Board Options exchange volume rose to 196,554 contracts from 165,850 on Friday. OPTION JLY OCT JAN STOCK Alcoa 40 2 7/8 4 3/4 UNTRD 42 1/4' Alcoa 45 1/16 17/B 35/8 421/4 Alcoa SO 5/8 UNTRD 11/2 421/4 Am Tel ss 51/4 5 7/81,600 words
-
-
Page 8 Advertisements
-
Advertisement264 1978-07-19 8 Why is The Journal the most ejgxnsive daily newspaper in Asia Because we spend more money on making it the best daily source of Asian business news. The Asian Wall Street Journal is the only regional publication that provides Asia-wide business news every business day, as well as penetrating analyses264 words
-
-
INTERNATIONAL COMPANY NEWS
-
882 1978-07-19 9 r EUROPEAN NYT LONDON: Britain's hottest new stock in at least five years began trading yesterday, an offering that proves one can still start from scratch and become a millionaire In Britain, where income tax can take 96 per cent of aNYT - 882 words
-
Article419 1978-07-19 9 AP RIO DE JANEIRO: Fiat Automovles SA grabbed a 10 per cent share of this country's Volkswagendominated car market in the first half of the year, less than two years after the subsidiary of the Italian company kicked off Its Brazilian operations. During the first sixAP - 419 words
-
Article187 1978-07-19 9 Reuter RICOH and Co president Takesho Ouye said he expects consolidated sales and earnings to rise 15 per cent f in the current year ending I March 31, from sales of 158 billion yen and net income of 8.58 billion in 1977/8. He said proceedsReuter - 187 words
-
Article137 1978-07-19 9 Reuter MELBOURNE: The Broken Hill Pty Co (BHP)/ Esso Exploration Production Australia Inc partnership is plugging and abandoning the Fortescue One well offshort Victoria as a dry hole after running logs at 2,691 metres. BHP said. No hydrocarbons were encountered and the logs showed allReuter - 137 words
-
Article98 1978-07-19 9 Reuter MARUBENI Corp and Kurabo Industries said they jointly received a 7.5 billion yen order for a spinning plant with 90,000 spindles from Indonesia's Argo Pantes P.T. in Jakarta. The two contractors said the plant will be manufactured by Toyoda Automatic Loom Works and KuraboReuter - 98 words
-
244 1978-07-19 9 AP TOKYO: A Japanese photo laboratory which opened in New York last October expects to expand to 500 outlets across the United States and Europe by 1985, and a spokesman In Tokyo said It is because of the US dollar's fall. Kamera-No-Dol, acamera retailerAP - 244 words
-
264 1978-07-19 9 FT CONTRACTED and authorised capital expenditure at Pilkington Brothers for the current year Is well ahead from £28 million last time to £99.7 million,lt is shown In the accounts. Sir Alastalr Pilkington. the chairman, says in his annual review that a particularly noteworthy decision In theFT - 264 words
-
Article57 1978-07-19 9 MANILA: PhllllDs Petroleum International Corp has won three offshore geophysical survey contracts from the Philippine Ministry of Energy, a ministry spokesman said. i ne survey will cover the Leyte-Samar area in central Philippines, the Babuyan Channel at the northern tip of Luzon and the northwest Palawan area southeast57 words
-
262 1978-07-19 9 r ASIAN Reuter TOKYO: Kirin Breweries said it expects after-tax profit in ine urst nan-year ending this month to rise to about 9.30 billion yen from 8.58 billion in the same period last year, on sales rising to about 430 billion yen from 361.16Reuter - 262 words
-
Article86 1978-07-19 9 Reuter SYDNEY: Coal and Allied Industries Ltd (Call) said it has agreed to supply Kyushu Electrical Power Co Inc with two million tonnes of steaming coal over a 10year period from 1983. Under a letter of Intent Kyushu also has an option to take aReuter - 86 words
-
Article79 1978-07-19 9 Reuter TOKYO: Korakuen Stadium Co said It will issue a 40 million mark convertible bond on the West German capital market next month through an underwriting syndicate including Berliner Handles und Frankfurter Bank, Yamalchl International Europe, DalIchl Kangyo, Paribas and Merrill Lynch. Terms have not yet been fixed,Reuter - 79 words
-
Article67 1978-07-19 9 Reuter MUNICH: The 25 million mark private placement for South Africa's Corporation for Economic Development has been priced at M-i/2 per cent, a spokeswoman for Joint lead manager Bayerlsche Hypotheken und Wechsel Bank said. The issue, which carries a 7-3/4 per cent coupon and four year maturity, is JointReuter - 67 words
-
Article40 1978-07-19 9 Reuter HONGKONG: Modern Terminals has signed a HK$76 million syndicated loan, loan manager, Trident International Finance said. The loan for more than eight years will help finance a US$23O million warehouse project. The Interest rate was not disclosed. Reuter.Reuter - 40 words
-
Article36 1978-07-19 9 Reuter ZURICH: US rubber Uniroyal Holdings SA Luxembourg, will redeem Its 60 million franc, 6-1/4 per cent bond 1969/84 prematurely on Oct 15 this year at 100.5 Er cent, the Zurich Stock ichange said. Reuter.Reuter - 36 words
-
Article32 1978-07-19 9 Reuter ZURICH: The Genossenschaftliche Ze rural bank AG 100 million franc, 15 year, 4.5 per cent Swiss bond Issue has been priced at 99.5 per cent primary market bankers said. Reuter.Reuter - 32 words
-
Article405 1978-07-19 9 Reuter NEW YORK: Chase Manhattan Corp said the main factors responsible for earnings Improvement in the second quarter and first half were higher net interest income, other increased operating income and a reduced provision for possible loan losses. The positive factors were partially offset byReuter - 405 words
-
473 1978-07-19 9 Washington Star WASHINGTON: Texaco Inc has discovered traces of hydrocarbons 4,500 m down in the Atlantic Ocean 170 km directly east of Atlantic City, a company official has confirmed. It is the first potential discovery of oil or gas In the Baltimore Canyon drilling whichWashington Star - 473 words
-
231 1978-07-19 9 Reuter OAKLAND CALIFORNIA: Kaiser Aluminium Chemical Corp expects sharply Improved sales volume in the second half compared with last year. Kaiser said the outlook was based on the strength of its current aluminium orders. The company said it was very optimistic about the fullReuter - 231 words
-
Article171 1978-07-19 9 NEW YORK: Time Inc, a diversified concern which publishes the weekly news magazine' Time, has reported a record rise in Its second quarter and first half net income. The company said net Income for the second quarter rose 35 per cent to $33.99 million, or $1.65171 words
-
502 1978-07-19 9 W N.AMERICAN L BURROUGHS Corp, a large manufacturer of business machines, has reported a 16 per cent increase tn corporate profits on a 15 per cent rise In revenues for the second quarter of 1978. The Detroit, Michiganbased company attributed the gain to Increased rental502 words
-
208 1978-07-19 9 Reuter NEW YORK: International Paper Co, the world's largest paper manufacturer, has reported a 17 per cent increase In profits for the second quarter of 1978. Helped-by Increased orders from publishers and strong demand for printing and writing papers, the company's profits forReuter - 208 words
-
Article117 1978-07-19 9 Reuter THE US Securities and Exchange Commission said It set a single 10-day suspension of exchange and over the counter trading In the securities of LTV Corp and its subsidiaries, Including Jones and Laughlln Steel Corp and Lykes Corp and Its subsidiaries. The SEC said it tookReuter - 117 words
-
Article79 1978-07-19 9 Reuter DEARBONN MICHIGAN: Ford Motor Co said it Is Increasing the suggested base retail price of Its Germanbuilt Ford Fiesta car In the US by US$lB3 to a new base price of $4,141 effective July F*ord said this Is a 4 per cent increase of in theReuter - 79 words
-
Article155 1978-07-19 9 Reuter ARMONK, NEW YORK: The world's 'largest manufacturer of computers, International Business Machines Corp, has reported a 5 per cent rise in profits for the second quarter of the year on an 11 per cent increase In revenues. In a statement accompanying the quarterlyReuter - 155 words
-
Article106 1978-07-19 9 Reuter PITTSBURGH: Westinghouse Electric Corp, a large manufacturer or electronic equipment, has reported a 17 per cent increase in net income for the second quarter of the year. For the three months ended June 30 net Income amounted to $74.8 million, or 86 cents a share, ud fromReuter - 106 words
-
-
Page 9 Advertisements
-
Advertisement54 1978-07-19 9 If business you wish to transact With diplomacy, reason and tact, Fosters is the venue For a fine interview Over dinner, a drink or a snack FOSTERS ORIGINAL LONDON RESTAURANT 25A. Amber Mansions.Orchard Road, Singapore 9. Tel: *****6/*****9. Fosters Smokehouse Hotel, Cameron Highlands Fosters Serve Guaranteed New Zeeland Prime Beef54 words
-
Advertisement37 1978-07-19 9 a division of PERKIN-ELMER is helping people the world over succeed with computers Let us help you, write or call: Perkin-Elmer Data Systems (Far East) Private Limited 30th Floor. UPC Building. Shenton Way. Singapore 1. Tel *****4937 words
-
-
DEALS DONE ON THE SES AND KLSE
-
Article1638 1978-07-19 10 BID and offer prices officially listed and business tn and reported to the Stock Exchange of Singapore yesterday with the number of shares traded shown in brackets in lots of 1.000 units unless otherwise specified. All Tline Settlement Contracts are quoted after the word "**t." Big Board deal1,638 words
-
Article68 1978-07-19 10 4 3/4% 15/9/80 (250.000) (100 358 100.40S) 5% T F 15/4/81 (250.000) (100.558 100.655) 5% 1/5/83 (250.000) (100.506) (2) 100.40 5 3/4% T F 15/6/81-84 250.000) (100 60S) 7 1/4% 15/4/86 (250.000) (100.80B) 7 1/4% 15/10/8S (250.000) (100.75B) 7 1/4% 1/5/87 (250.000) (100.75B) 5 1/4% T F 15/4/9168 words
-
-
Article2480 1978-07-19 10 1978 High Low Last Company Sale +orGr'i Div Div C*vr Gr'» Net Y'ld P/E Vol Day COOO) High Low SECTION ONE INDUSTRIALS 230 233 172 180 260 > 83 276 268 210* 478 132 123* 112 133 195* 80* 162 173* 140* 256 Ac ma Alcom Allied2,480 words
-
Article147 1978-07-19 10 SINGAPORE UNIT TRUST INCOME BOND UNIT (Manager** pries for July It) (Current pi rices) The Commerce... 2.10 2 23 INCOME BOND 1.07 1.12 The Saving Fund 1.34 1.42 Spore Prot Fund 1.03 1.00 MARA BUMIPUTRA FUND S'j>ore8ecurlty S pore Invest Fund 1.04 2.00 1.27 1 SSxd (Manager*' pricea147 words
-
Article1806 1978-07-19 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 specified. INDUSTRIALS A em* (3 238). A|in*mat* (2 JOB). Atom (2.508 2.MS) (1)1,806 words
-
Article, Illustration816 1978-07-19 10 FRESH buying interest triggered a rally on tke Stock Exchange of Singapore yesterday with selected counters making good gains on the day. Trading volume was lower and a turnover of 7.23 million shares worth $18.7 million was recorded. This compared with Monday's volume of816 words
-
Article561 1978-07-19 10 PRICES staged a broad rally to close on a steady note at the Kuala Lumpur stock market yesterday. Trading was fairly active. The return to bullish conditions after last week's correction of prices took the blue chips indicator, the New Straits Times Industrial ordinary share index561 words
-
Article25 1978-07-19 10 INTERNATIONAL Wood Products has appointed Mr. Lim Yong Wah a* a director of the company replacing Mr. S. Dhanabalan as from June 28th.25 words
-
COMPANY NEWS
-
Article, Illustration831 1978-07-19 11 ARTHUR NG - By ARTHUR NG FABER Merlin Malaysia yesterday bravely declared a one-for-10 rights issue, an audacious move that caught most observers by surprise. The asking price of the rights is at $1.00 par. However, with the share price skimming the $1 mark, it Is likely831 words
-
Article57 1978-07-19 11 HARRISONS and Crosfield Ltd said holders of 55.04 per cent of the issued shares in Harrisons Malaysian Estates Ltd have accepted the offer for all the issued shares in Harrisons Malaysian estates not already owned by Harrisons and Crosfield. The acceptances, together with Harrisons and Crosfield's, or its57 words
-
Article234 1978-07-19 11 INCREASED production level* and higher average price* for tin concentrate* ■old have led to a substantial increase in pre-tax profit at Kuala Kampar Tin Fields for the financial year ended March 31. Pre-tax profit surged 85.6 per cent to MS2.B million, from $1.5 million last234 words
-
LATEST RESULTS
-
Article69 1978-07-19 11 Group pre-tax loss M 5237,663 (loss $219,692) for the six months enaea April 30, on revenue of $1.70 million ($1.20 million). Parent company pre-tax loss $53,015. (loss $25,233). The companv said Its subsidiary Kuala Lumpur Finance Bhd continued to achieve satisfactory growth In its volume of69 words
-
-
Article, Illustration820 1978-07-19 11 NOORJAHAN KARIM - By NOORJAHAN KARIM PRE-TAX profits of the United Asian Bank, the fourth largest of the locallyincorporated banks in Malaysia showed a hefty increase of 19 per cent to reach MSI 1.2 million for the financial year ended Dec. 31, 1977, net of provisions for contingencies820 words
-
Article328 1978-07-19 11 Current Ex Books Date Total for Total for payment Date close payable the year previous year Sin Chew 6%<b) Jun 14 Jun 21 Jul 20 6% Town A City 5%(b) Jun 23 Jun 30 Jul 21 5% 5% C. Properties 7 "»%(b) Jun 23 Jun 30 Jul 21328 words
-
Article151 1978-07-19 11 Company Particulars Ex Date Books Close Oriental Holding* Bonus Issue of 1 for 2 Jul 7 Jul 19 Wilkinson Bonus Issue of 1 for 4 Jul 7 Jul 19 M. Flour Bonus Issue of 1 for 3 Jul 11 Jul 21 Pegi Malaysia Bonus Issue of 1 for151 words
-
Article131 1978-07-19 11 Metal Box Singapore Ltd: AGM to be held at MacDonald House, 3rd Floor, Orchard Road, Singapore at 10.30a.m. on July 18. Bukit Sembawang Estates Ltd: AGM to be held at John Buttery and Co. Ltd., Sandlands House, 100-C, Paslr Panjang Road,.Singapore at 11.00-a.m. on July 21. Consolidated Hotels131 words
-
Article, Illustration583 1978-07-19 11 SUSAN THAM - By SUSAN THAM SUNOEI Best Mines Malaysia attributes the strong spurt in profits for the financial year ended March 1978 to the higher average prices realised and the substantial increase in its production of tin concentrates. The group chalked up a massive M 59.67 million583 words
-
-
Page 11 Advertisements
-
Advertisement133 1978-07-19 11 Change for the Bett -rt r V J o >■' To be more precise a better change. With the Mazda 323 three speed automatic transmission you won't miss the change. Designed to give high flexibility the Mazda 323 three speed automatic gives smooth and powerful performance in any kind of133 words
-
-
661 1978-07-19 12 Reuter JAPAN'S customs clearance trade surplus rose to US$2.3B billion (555.5 billion) In June from a revised $617.11 million In May and $825.94 million In June last year. The Finance Ministry announced In a preliminary report that June F. 0.8. exports rose byReuter - 661 words
-
Article450 1978-07-19 12 MALAYSIAN television set assemblers and distributors are expected to submit to their government a set of recommendations which will stabilise the market for the product. A suggestion to amend the tax structure for the Industry will also be Included. The local TV market has450 words
-
Article308 1978-07-19 12 Reuter THE Philippines Is planning retaliatory action against Britain for taking a tough stand against the country's move to revise Its garment trade agreement with the European Economic Community (EEC). A Trade Ministry spokesman said yesterday Deputy Trade Minister Vicente Valdepenas was recommending theReuter - 308 words
-
Article731 1978-07-19 12 LONDON. Tues Share prices traded lower following press comment on continued dividend controls, beyond July 31 and profit taking after last week's gams, dealers said. At 3.00 pm the Financial Times Index was down 5.1 at 473.8. after an earlier rally had faded. Short-dated government stocks were slightly731 words
-
171 1978-07-19 12 Reuter THE director-general of the Japanese Economic Planning Agency, Mr. Kiichi Miyazawa, said the Cabinet's Economic Council will meet in early September to discuss possible further measures to stimulate the economy. This is to ensure that the 7 per cent realReuter - 171 words
-
Article, Illustration1134 1978-07-19 12 BACK TO EVERYDAY REALITIES NYT UPI THE CRUCIAL issue emerging after the seven-nation Bonn summit which ended on Monday Is whether the major Industrial democracies can implement their agreements and promises In the face of considerable domestic opposition. The issue Is summed up InNYT; UPI - 1,134 words
-
585 1978-07-19 12 THE FORMER chairman of Ben and Company Ltd, Qopal Chandra Kar Choudhury, told a district court yesterday he only realised that he had made a mistake in the company's 1976 annual report when discussing the sale of his shares to Straits Steamship. During the585 words
-
444 1978-07-19 12 NYT THE NEW York State Banking Department, moving to curtail foreign takeovers said to be facing at least two major unidentified commercial banks, has quietly drafted new banking laws to block such takeovers without state authority. The legislation, requested on a rush basisNYT - 444 words
-
Article122 1978-07-19 12 AP A FEASIBILITY study for Thailand's soda ash project in the Asean complementary industrial scheme has been completed by a Canadian survey company and submitted to the Thai Industry Ministry, the Canadian embassy in Bangkok said yesterday. The soda ash project is one of the five AseanAP - 122 words
-
309 1978-07-19 12 Reuter PROTECTIONIST measures In tbe West aimed at blocking imports from developing countries would reduce Industrialised nations' exports to these countries. This is because developing countries' sales to the industrialised world make a decisive contribution to reducing their balance of payments deficits and puts themReuter - 309 words
-
Page 12 Advertisements
-
Advertisement83 1978-07-19 12 Ss> in PAN Paperback Pan w LECASfi I THE HONOURABLE SCHOOL- HIS LATEST #1 WORLD BESTSELLER •THE PREMIER SPY NOVELIST OF HIS TIME PERHAPS OF ALL TIME I'l m.l-HKK> A Kr.K!.> l >1 I■' W I' «il' i--pii inaf n*>vt-i iii' >n H 'k< ini;. V ««*nt i<«ri» «r. i83 words
-
-
Article3309 1978-07-19 13 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 bf arrival and departure, from Singapore port. t CWMfthUH ScuDatek hu a Jetet aerirruicwot with3,309 words
-
Page 13 Advertisements
-
Advertisement446 1978-07-19 13 MAERSK LINE Ex Europe/Straits f or further details call Singapore: *****46 Port Kelang: *****0 Kuala Lumpur: ***** Pervang: ***** 1 SHIPPING I v EVERGREEN LINE (EVERGREEN WARINE CORPORATION) FAR EAST/RED SEA, MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR GENOA. IATTARIA. BEIRUT AIEUNORtA, BENGHAZI. TRIPOT (LIBYA) S pare446 words
-
Advertisement303 1978-07-19 13 »genrs sue *afs ,r SMARIAM SHIPPING I S) PTE ITO ORIENTAL SHIPPING CORPORATION Floor Khen| Hoe Bifl| KUALA LU*PU* TH *****' 3* Philip SI Spore 1 ISLAND CARGO HANDLING TEL *****3 *****7. *****0 PfNtNG Ul 610JS ODU FAR EASTWEST AFRICA SERVICES CONTAINER SERVICE ETA S PORE fT* LAGOS M y303 words
-
Advertisement421 1978-07-19 13 g Seatrain Full Container Service to USA feekivsl hum motmhvu m «»ESSEI StstrM 2«/7 21/7 CwcM Ul vissct* t s*. 9/1 PrwHrlin 1)1 Full Container Service from USA H« OAK u GULF E/C 21/7 IS/I 17/1 »/l a/I w ni H 9 MOTHiini l/C CUlf OM u FKOtl ¥Jl S421 words
-
Advertisement381 1978-07-19 13 EGYPTIAN [ZTu m EGYPTIAN FLAG CONVENTIONAL AND CONTAINER SERVICE TO EGYPT SPHINX PYRAMID S PORE PORT SAID ALEXANDRIA Generol Agents L.N. SHIRRING PTE LTD TEL: *****11 Twki RS ***** LlflN SOON SHIPPING TRADING CO (PTE) LTD k S",N' 'fi .'.'008;. 1 iiSfS HOuSI NI ON «> .V ***** .';oiS6S ?;ot381 words
-
Advertisement0 1978-07-19 13 &&]@<!)>}}$"}+%?>\!\%?`.;"}"!,!0 words
-
-
Page 14 Advertisements
-
Advertisement765 1978-07-19 14 SHIPPING Hapag-Uoyd (VwVAvJ ffr EUROPE S pan P Mlmc Htw| B'ta EXPORTS UHm Tatoßn 22/7 24/7 12/8 U/8 15/8 17/8 122t0 28'7 30/7 19/8 21/8 22/8 (31/8) 7/8 9/8 27/8 29/8 M/ 8 2/9 TIMMH KM M/ 8 15/8 279 17/ o, OukiM 18/9 jm 10/9 12/9 13/9 <»/*> Beoawi765 words
-
Advertisement827 1978-07-19 14 \Z2 SANKYO LINE AUSTRALIA SERVICE P. KciMf Siwc«nri Loading far DIAMOND STAR .20/22 July 23/24 July A DEL, MEL, SYD. YUEMAN 27/29 My 30/31 July OHM. MIS. STO. MCL MAY SKY 30/30 July 3/July/1 Aug FREM MAYCARP 12/14 fan 10/11 tec BRtt, SYD. MEL BANGLADESH SERVICE MAY CARP 25/21 JULY827 words
-
Advertisement496 1978-07-19 14 SEA mLAND] U.S.A./ ASIA SERVICE DRY KFHttMTEO CONTAINER «IKE SAILING EVEIT KMESOAY FOR POTO M USA CMtBMML MM>. UKA. TMUM. MOM HONG. TMIUWO MM) PIWIIPfINES VESSEL VOYAGE Vessel C.F.S. CJ»»es Arrim/Departs 5.00PM PONCE V 329 July 25/26 July 24 WORLD LION V 5 AU K l/2 Wy3i WORLD TIGER V496 words
-
Advertisement962 1978-07-19 14 Everett Lines Bvrm Fivt Star ttippwi C«rp«. "BURMESE NATIONAL LINE" LOADING FOR RANGOON SnippofV HTONEYWA 30 JULY B F.S.S.C Agents m Malaysia TEPS MALAYSIA Port Kelang Tel (38) 7355 Penai* Tel. *****/ ***** CampMiia ArfMrtina Do 'jM Mavafaaoß IntarcsntiiiMUl S. A. C.I. F. vfJr "ARGENTINE NATIONAL LINE" LOADING for dursam962 words
-
Advertisement407 1978-07-19 14 Orient Overseas CwdcitieA Line ncptunc run im CNnauaMSM HUONG COHTAINEB 11H ME(CATOI m oriental cmo m S SEAS BRIDGE 179 ORIENTAL RESEARCHER 9 NEPTUNE COMI M 7/8 9/8 11/1 IVB IVI fl IV* 16/8 2Z/S tvi Tin rut n/i nn u/« 2/9 4/9 *6/? *n in t/t u/» w* 11/9407 words
-
-
Page 15 Advertisements
-
Advertisement1105 1978-07-19 15 OC.L Overseas (Containers Limited tmto mt KMUJfI em or eiii TNAJRCt MAI •UU MT UVUmTMT 11 Sept 11 Sept M I let 7 kim M TWTt MT nu* Bt)H 11 M N M tl kt II M somes hw k/cntikit: mag t'Hn P. Ketaag fMit Irw. r«M u A'warp Havre1,105 words
-
Advertisement908 1978-07-19 15 Ben Ocean A/oßtaamD^cfßtoLmßaaßMmeiCknLmeandNSktO p. PROTESILAUS M/ 11 Aat IW Leiiaet, Bilbao, tmrtHtm, Hall. BEHMHOR 23/n Sept MM Lanoas, Brtao. Aatteftta. Hail. BEHCRHACHAH 28/22 Oct U M> Leiioes, Bilbao, Amsterdam, Hall. raw K/CMmMrr or* tmc MHMlSllll Europe Nun| P. Kalanf Siofapora PM> BEHCRUACHAH 24 taly 11/19 Aaf Indonesia, HK, tape*. BEHBEARC908 words
-
Advertisement592 1978-07-19 15 BEN LINE h HK■n |4.» Cin tf EDINI TNAMES MAM wu ray RITAM MUM > I 24 Sa»t a SMt 27 Sapt >M KMI.MII BAY 11 tafl 11 %m 4 Bat I tct 7 Bet (M Btt) mm riwt 1 "HAVEN n>AJK HAVRE SOT ON UMHi m. immWii Umm Fim592 words
-
Advertisement817 1978-07-19 15 Scan Dutch V '■.Hl'l.H.l'H.TiTryi INENT SCANDINAVIA Faatar feaa P. tola* vessel MM—» ill 7 Mi. MOT rUMitCI W I SELANBIA nuMtwi 11/1 lUIMU 11/ B Ml. MJIBU I'm U Mseilles a Mm 9 Ntari < a*| mi v 11/ iv iv i/ it/ nr r n/i a/ IV I a/817 words
-
Advertisement632 1978-07-19 15 GUTHRIE BOUSTEAD agencies THE BANK LINE LTD LBABS WE.ll AFRICA TATBANK (Maaritias, Rtti.ioe, Capetown) M. EX.. P.t.. P. Kalanf nr» M S port 2V* P. Mlalß S"POi« 4/ I express soma birect fmn mm Hfiffl MMILL NCSTI NTH ITS! (Loads) B*/Ta SINGAPORE *****4 PT Kt LANG *****1 KUALA LUMPUR *****1632 words
-
-
Page 16 Advertisements
-
Advertisement839 1978-07-19 16 K LINE KAWASAKI KISEN KAISHA. LTD. ■Mwiiiimiin ivu stu) by mmt f S'pore P. Kelang L.Hrrre H'b«| Bremen RMaia A'w NEPTfK PEARL Ift 21 My 21 My I«H 12 An tt I* IS R CNEVAJH N2E IV 27 My 2t My 11 An II An 11 An 21 An 22839 words
-
Advertisement1046 1978-07-19 16 E.C.-tf.S.JL/ATUUmC/GirLF SERVICE MCOTIN Fd/IXI CMTAJHB m WflU. H* TIB, BAIT 111 mi rmt. p. bum. P. KXMf MOTM E.C./GREAT LUES SERVICE in«H fw: wnu. new nn. —mm. towwwto. aswtamu, inm. eaieui '•Ml* Oolawaa P Kelang 1.0. WEST RCMAI" |MU 14 SCI) M/» My !t/» M| »/M Jaty 11/ J CAUFORRIA/PACIFIC1,046 words
-
Advertisement954 1978-07-19 16 CKVAUO NEPTUNE ORIENT LINES LTD •FULLY CONTAINERISED SERVICES: >t on* «nr Sport P.faHnj S'hMptm Iran. I PCMU 9My 21 My 7An 11 An 12 An D IMZE 27 My 29 My 14 An HM| II An 21 E CONTAINO I M lt« 21t« 27M 2IM 21 fe 11 lit 19954 words
-
Advertisement618 1978-07-19 16 RSK MALAYSIAN m/TEWiATKNAL SHIPPING OOVOMnOffIBNAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANOINAVIA IHH—: Faa4«r Ktkaaf VMM) Sun o MMillM 23 Mm 3) HMrg «Owr, iuuhu m i mi. Nin a/ r a it/ 14/ a is/a nußuu a/ ti lamia V* 11/ a a/1 a/a nuauica iva mM 11/1 1 V*618 words
-
Advertisement777 1978-07-19 16 INTRASEA (PTE) LTD RMUI INKPENKNT SON/FIU. CONTAINER SERVICE TO I'm P. biM| pnui lm*m UtERH Mil (CMtr. at*) 1 Aa| H R'< 'AMERCE Mil Km*. tt«)ltl I H'torf/I'laa, S"Wr|/ M'MiTtM/s-m (U.K.) 111 MUIIH lltl 14 Mr Mh* M-tairt/R Ma/taMlw, •Utmrn Tkrwft »vt tar m*m W mmmrnm. «CMb< t win intraua777 words
-