The Business Times, 24 July 1978

Microfilm: NL9760
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 MONDAY, JULY 24, 1978p 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Monetary system
      62 1 Reuter BRUSSELS, Sun. Common Market finance ministers tomorrow hold their first discussion of a Franco-West German proposal for a European monetary system unveiled at the Bremen summit two weeks ago. They are not expected to go into great detail but will discuss the guidelines for experts who will
      Reuter  -  62 words
    • Article
      Hussein's call
      67 1 KUALA LUMPUR, Sun. Prime Minister Datuk Hussein Onn tonight called on Malaysians to rise now to new heights of courage, of resolution and of efforts." He made the call in a TV and radio broadcast to mark the National Front's massive election victory following the announcement of the
      67 words
    • Article
      Lock icon Men outnumbered
      63 1 AP TOKYO, Sun. Japan's population rose 0.9 per cent in the year ended March 31, passing 114 million, but the number of Tokyo residents fell 0.03 per cent to 11.3 million. The statistics showed that women outnumbered men 50.6 per cent to 49.4 per cent. Toky's population, which
      AP  -  63 words
    • Article
      EH 6001 – 9999
      66 1 EH 6001 9999 BIDS FOR motor car registration numbers in EH series from EH 6001-9999 are invited from the public from 9.00 am today to Aug 7. The numbers can only be used for first registration of new private cars. The minimum amount of a bid is $250. All bids
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    • Article
      Rice cartels smashed
      44 1 KARACHI, Sun.' The Pakistan government has broken up a number of cartels operating in the rice export trade. The measures taken included the fixing of export prices, and the inspection of export cargo. The moves are expected to boost Pakistani exports.
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    • Article
      Lock icon Ushiba in Bangkok
      74 1 Reuter BANGKOK, Sun. Japan's External Economic Affairs Minister Nobuhiko Ushiba arrived here today on the first leg of his tour of the Association of South-east Asian Nations (Asean), Burma, Australia and New Zealand. During his three-day stay in Thailand, Mr. Ushiba will brief Thai leaders on the
      Reuter  -  74 words
    • Article
      Lock icon Three-corner fight
      80 1 AFP TOKYO, Sun. A three-way competition is expected among Prime Minister Takeo Fukuda and two other top leaders of the ruling LiberalDemocratic Party (LDP) In the coming election of LDP president or Prime Minister. Mr. Fukuda is likely to seek another term. Following LDP secretary-general Masayoshl Ohira's virtual
      AFP  -  80 words
    • Article
      Romulo's hopes
      68 1 THE Philippines Foreign Minister, Dr. Romulo yesterday expressed hope that next week's meeting of the Asean-US dialogue In Washington will make substantial progress, particularly In bilateral cooperation. In a statement on the eve of his departure for the American capital, Dr. Romulo said the agreement which may emerge
      68 words
    • Article
      Visit of Papuan PM
      70 1 THE Prime Minister of Papua New Guinea, Mr. Michael Somare and his wife are now in Singapore for a week's official visit. They are accompanied by a delegation of nine officials. On their arrival at Paya Lebar Airport yesterday evening, they were given a ceremonial red-carpet
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    • Article
      Lock icon By the cents
      48 1 AFP PEKING, Sun. The prices of essential commodities have varied by only a few cents In China since 1952, according to official figures published here today. An official attributed this stability to the policy of state intervention. The state fixes all prices in China. AFP.
      AFP  -  48 words
  • Article
    TOP TEN STOCKS
    117 1 THE following list of stocks gives the 10 most traded on the Stock Exchange of Singapore last week. It gives the turnover in thousands of units, closing prices on Friday and the high and low for 1978. Company Turnover Price* High Low 000 Jul 21 1978 Haw
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  • Article
    LOCAL STOCK INDICES
    164 1 SINGAPORE July 17 July 18 July 19 July 20 July 21 BT Index: 1428.62 1474.17 1461.47 1468.59 1483.38 Industrials: 344.63 394.62 348.97 347.63 347.90 ft Finance: 568.62 578.29 575.41 575.04 572.99 Hotels: 225.75 226 16 226.28 226.24 227.26 Properties: 213.66 213.98 213.17 213.66 213.50 Tins. 158.06 157.92
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  • Article
    Two factors lure investors here
    767 1  -  INFLOW OF $406 m LAST YEAR By CHAN BONG SOO SINGAPORE received foreign Investments of $406 million (In terms of gross fixed assets) last year. This is $47 million more or a 13 per cent increase over the previous year's capital Inflow. At the end
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  • Article
    Aero skills sought
    146 1 AN IRANIAN aerospace company has turned to Singapore for personnel skilled In aircraft overhaul and maintenance to ease the shortage of such skills in Iran. Aerospace Industry-Iran Is on a worldwide recruitment campaign, In Japan, Korea, the Philippines and Thailand, besides the US and Europe. Singapore has
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  • Article, Illustration
    Hillcrest Arcadia is shaping up
    763 1  -  By TEO TECK WENG THREE apartment blocks In the first phase of the Hillcrest Arcadia residential project have begun to take shape. Developed by Japanese firm, Sanken Hillcrest Pte. Ltd., these buildings will be ready this December. Already more than 75 per cent of floor
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  • Article
    Call to set up Asean body to co-ordinate regional investment
    264 1 THE FOURTH Aaean Banking Council meeting in Kuala Lumpur paaaed the following resolutions' at the weekend: Eatabliahment of a regional bankera' acceptances market in aelectod categories to be explored further and a regional inveatment co-ordinating body. A course on foreign
    264 words
  • Article
    Kaytronics is latest on electronics scene
    556 1  -  By FOO CHOY PENG THE ELECTRONICS Industry In Singapore Is alive and well one new plant was set up last month and another Is undergoing expansion. The Kewalram Chanrai Group set up Kaytronics, with a paid-up capital of $500,000. The plant which started production
    556 words
  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      23 1 '"""RICOH Call *****33 tor the wo r ld's largest selling copier IV i m i Private l imited i j :v v 1.
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    • Advertisement
      Page 1 Advertisements Column 2
      173 1 What is a factory without enough skilled workers? See how Sony video training systems help solve this problem and many more. Sooner or later every factory faces the same situation. New equipment is installed to upgrade productivity. But without enough skilled workers to operate it. all that is upgraded is
      173 words
    • Advertisement
      Page 1 Advertisements Column 3
      85 1 SHIPPING TIMES PEARLY shells warm the ART galleries that are off the cockles of many a heart 2 beaten track 7 SILENT freight war intensifies 5 MARKET reviews: Pundits' SEMBAWANG Engineering worst fears not confirmed 8 lands 95m deal 5 GUTHRIE Chairman confirms SINGING the praises of the Bee many
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    • Advertisement
      Page 1 Advertisements Column 4
      104 1 I'lC.I JAL FLIGHT 712: THE TOKYO EXPRESS I NEW YORK VANCOUVER l FRANCISCO kIOS 1 ANGELES I w I S Hr \V\r'y I* (HONOLULU I SINGAPORE MEXICO CITY Only on JAL can you non-stop to Tokyo, then make convenient connections to the U.S. and Canada. 62 JAL flights depart every
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  • Article, Illustration
    Lock icon Protein for the poorest
    866 2  -  THE OYSTER IS THEIR WORLD The mangrove swamps near Freetown, SIERRA LEONE, have millions of wild oysters growing in them. But life for a wild oyster in a mangrove swamp is surprisingly stressful, and they don't grow very big. So the lucky ones, destined to grow
    FT  -  866 words
  • Article
    Lock icon Pearl shatters pearlies
    210 2 AP A YOUNG woman who shattered three teeth because she had a yearning for oyster soup had no reason to gingerly graze through each oyster hunting for a pearl, the Oklahoma Court of Appeals, US, recently ruled in ordering a new trial of her damage suit. Sylvia
    AP  -  210 words
  • Article, Illustration
    Lock icon Search for Heavenly Dewdrop continues
    641 2  -  PHILIPPINES By HONOR CABIE Reuter CLAD ONLY In loincloth, with a knife between their teeth for protection against sharks and octopuses, darkskinned Filipinos, known as the sea gypsies, still plunge into the deep sea In search of pearls. But out of the thousands of oyster
    Reuter  -  641 words
  • Article
    MEMO PAD
    410 2 COURSES AND TALKS May 8-Aug 17: Aust Insurance Institute Assoclateshlp Course, SITC, STTC June 5-July 29: Life Agents Certificate Course, SITC, SITC Aug 7-8: Costing financial analysis for marketing managers; Hilton, Price Waterhouse Aug 7-28: Cost Accounting and control, Hotel Royal, NPB Aug 7-14: Design of experiments, NPB
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  • Article, Illustration
    LOCAL OYSTERS GROW UP FASTER
    513 2 SABAH THE government oyster farm at Sungai Mapan, along Sabah's East Coast some 32 km from Tawau, provides a sight to make any oyster eater sigh with pleasure. And Sabahans could be making pleasurable profits as well. If they take advantage of what the efforts
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  • Page 2 Advertisements
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      659 2 IT -11-OIE CKOSSVORD n CRYPTIC PUZZLE ACROSS 4 Fruit worker In selective employment? (8) 7 Predators are lethal In these mountains (8) 8 A covetousness that Is accepted (6) 10 Noteworthlly, Phil may take It In hand (S) 13 She takes sides with a soldier (4) 14 Shoot out of
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  • OVERSEAS
    • Article
      Lock icon Federal funds target raised
      503 3 Reuter THE US Federal Open Market Committee raised its target for federal funds to 7.75 per cent from 7.5 per cent at its June 20 meeting, minutes of the meeting show. The committee also raised its targets for growth in the basic money supply, M-l, to
      Reuter  -  503 words
    • Article
      Lock icon U.S. 4.1pc GROWTH FORECAST SEEMS OPTIMISTIC
      154 3 Reuter US Commerce Secretary Juanlta Kreps said she expects this year's real economic growth to be between 3.5 and 4 per cent rather than 4.1 per cent the government Is projecting. She said the government's forecast now appears optimistic. The gross national product growth
      Reuter  -  154 words
    • Article
      Lock icon Soviet Jan-June output up 5.2 pc
      357 3 AP SOVIET industrial production increased by 5.2 per cent during the first six months of this year compared with 5.7 per cent in the same period in 1977. According to figures released by the Soviet Central Statistical Board growth In Soviet labour productivity also
      AP  -  357 words
    • Article
      Tough Lome pact talks
      669 3 EUROPE'S wealthiest nation* open trade and aid negotiations today in Bnmili with S3 developing countries, with tough bargaining expected over human right*, investment guarantees and the fature goals of Europe's aid programmes. Neither the Fuinpoan countries the nine nations of the European Common Market nor the
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    • Article
      Extending credits to China
      280 3 A US Senate agriculture subcommittee has approved a bill designed to expand farm exports, which would make China eligible for purchase credits of up to three years. Besides extending the short-term Commodity Credit Coorporation (CCC) credit programme to China until now excluded from It, the bill
      280 words
    • Article
      Lock icon German boost
      163 3 Reuter GERMAN Imports this year are expected to rise by around 7 per cent, nearly thrice the likely Increase In real ONP, the Hamburg Economic Research Institute said. This will provide a considerably boost to foreign economies. Import elasticity, which was especially high over the winter and spring
      Reuter  -  163 words
    • Article
      Lock icon Early exhaustion of long-dated tap likely
      371 3 Reuter AN IMPROVEMENT in the UK government bond market background has aided official sales of the long-dated tap stock and an early exhaustion of this £1 billion (514.3 billion) nominal issue is now likely, market analysts said on last Friday. However, the analysts were
      Reuter  -  371 words
    • Article
      Lock icon Austria prefers to run up debts
      160 3 Reuter AUSTRIA will continue to run up large International debts rather than suffer unemployment and Inflation, said Chancellor Bruno Kreisky. Past international loans had enabled Austria to avoid the crippling effects of the worldwide depression suffered by most other Western countries. He said the
      Reuter  -  160 words
    • VORLD IN BRIEF
      • Article
        Lock icon SUNSHINE PROGRAMME
        579 3 Agencies JAPAN'S first solar power test plants, to be constructed In 1980, will generate 1.000 kilowatts of electricity, a government official said on Saturday. At an Investment of U5549.7 million (*****.3 million) in next three years, two such test plants will be built at the coastal town of
        Agencies  -  579 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      160 3 Br-. *1 *■Our 747s fly non-stop ■v<« EP~ K It -S evening. Also to Melbourne four times and Brisbane three A times aweek. It's nice to have you with us.* 1 V tJL mm WM f'w,<" jv« t •*4 V tP"* r^;7|r. 5S?w l&l W&8& **Ba«aap> fH? jt~\ &-*,>&•. 4
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  • RAW MATERIALS
    • Article
      FOREIGN RUBBER
      317 4 RUBBER futures closed uncertain near the day's highs and mostly 0.60 to 0.10 pence per kilo higher In London on Friday. Volume totalled 28 lots of five tonnes and 247 lots of 15 tonnes Including two kerb trades and 11 options. Terminal closed the morning 0.15 pence up
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    • Article
      Straits tin
      184 4 THE STRAITS tin price In Penang on Saturday fell MS 14 to $1,706 per plcul $6 above the new International Tin Agreement celling. Turnover also fell to 210 tonnes from Friday's 278 tonnes. In LONDON on Friday, tin ended the day £110 per tonne lower for cash and
      184 words
    • Article
      Copper
      278 4 COPPER closed £<7 per tonne higher for cash and £6 per tonne up for Three Months wlrebars In London on Friday. The market held steady during early afternoon ring dealings In line with US futures but later persistent buying from one quarter pushed prices higher. Further gains were recorded
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    • Article
      Produce exchange
      289 4 CHINESE Produce Exchange, Singapore noon closing prices per plcul on Saturday. Omul «U: Bulk MS sellers. old drum (93 sellers, new drum *98 Copra: Mixed (tooae) UK/Cant. IM tapper: Muntok AST A white f.o.b. 100% NLW 1360 seller*. Sarawak white f.o.b. BOH NLW >340 seller*. Sarawak special black
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    • Article
      Lead
      90 4 LEAD closed £1.50 per tonne down for cash and £1 lower for Three Months In London on Friday. The market was quiet during the afternoon and prices steadied slightly with copper although the contango widened to £9.50 against £8.50 in the morning reflecting persistent lending of cash from one
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    • Article
      Zinc
      69 4 ZINC closed £2 per tonne down all round In London on Friday. This market fluctuated in a fairly narrow range throughout the day In rather thin dealings which dealers said reflected the continued lack of outside Interest. In the morning, values traded from £317 down to £313 per tonne
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    • Article
      Coffee
      370 4 ROBUSTA futures In London on Friday closed at new life of contract lows In all positions and down £103 to £65 per tonne from Thursday. Turnover was 5,600 lots including 88 options. Values ended the morning session £34 to £57 lower following stop-loss selling after the market had traded
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    • Article
      Cocoa
      241 4 TERMINAL cocoa In London on Friday closed at or near the day's lows with on-balance losses of £25 to £7.50 per tonne. Turnover totalled 1,495 lots Including five options and 237 lots crossed. Dealers said the market was largely hit by strength of sterling with selling .attributed to commissionhouse
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    • Article
      Sugar
      234 4 STRENGTH of sterling and sharply lower levels In New York sent sugar futures In London on Friday Into an extended decline in late dealings taking prices to new life-of-contract lows in most positions. Losses from Thursday ranged from £1.40 to £2.40 per tonne. Turnover totalled 1,873 lots Including 11
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    • Article
      Silver
      326 4 THE Hongkong silver market on Saturday closed 50 HK cents higher at HK5247.50 per 10 ounces. The market remained steady at HK1247.50 throughout the half-day trading session. Fixing was also done at HK5247.50, a rise of 50 HK cents from Friday. On Friday, silver on the London Metal Exchange
      326 words
    • Article
      Wheat
      216 4 WHEAT futures finished with gains of eight to 6-1/2 US cents a bushel, slightly below the day's highs. In Chicago on Friday. Around noon, the market rallied from Initial losses on scattered exporter pricing, heavy local short-covering and speculative demand, traders said. Much of the upward momentum was generated
      216 words
    • Article
      Palm oil
      75 4 C.I.F. North European porta. In US dollars per ton unlea otherwise stated LONDON. rmay Puil— Malaysia 5* ffa bulk per tonne September Sumatra 5* ffa bulk July August uneh 655 sir 630 sir Ml* 660 sir 823 pd September 565 sir 560 pd October November January Nigeria 5%
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    • Article
      Gold
      951 4 FOLLOWING the sharp rise In New York on Friday night, the kllobar. in Singapore on Saturday opened SS26O higher at gl4 494 The market closed slightly easier at 914,461. The high and low was $14,494 and $14,450 respectively. Spot gold for london delivery opened at U*****.45/ 75. Profittaking brought
      951 words
    • Article
      Soybean
      148 4 CHICAGO soybean futures staged a late-session rally on Friday, closing with net gains of 8-3/4 to 11 us cents a bushel, at or near the day's highs. Prices surged on local short-covering and heavy speculative buying In response to news that Opec may Index oil prices to a basket
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    • Article
      Steady to slightly easier market
      468 4 THE general tone on the Singapore produce market last week was steady to slightly easier with some buying Interest manifested. Copra and coconut oil were sought from buyers In Russia while inquiries were received from Aden. Pakistan, West Asia and Bangladesh. Some were realised and
      468 words
    • Article
      Rice
      194 4 BANGKOK rice prices were quoted as follows on Saturday: (In U8 dollars per tonne F O B basis Bangkok) White Rice: 100 pet let class 412, 100 r:t 2nd class 397. 100 pet 3rd class 302. pet 386. 10 pet 302. 15 pet 337. 20 pet 352. 25 pet
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    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        163 4 THE US dollar opened firmer at 2.3085/95 on the Singapore foreign exchange market last week as the market awaited news from the Bonn summit. The outcome of the summit was disappointing as It provided nothing to boost fresh confidence In the US dollar. The US currency, weakended to
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      • Article
        MLR
        21 4 THE average rate at which Singapore banks are currently prepared to lend to their beat customers Is 7 per cent.
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      • Article
        Asian $ rates
        267 4 Asian rates IN MODERATE trading during the week, rates came slightly easier last week losing 1/8 per cent in periods, with most activity In Three and Six Months. Offers came out of Singapore with trading done In middle of quoted rates. However, Friday took a turn to open higher but
        267 words
      • Article
        Discount market
        450 4 OVERNIGHT funds closed at 3 to 2Vt per cent in the week ended July 21, reflecting the generally easy trend in the Interbank market during the week. This situation Is in line with preceding trends prior to a bond issue, $725 million of which is scheduled for issue
        450 words
      • Article
        Euro $ rates
        124 4 Euro rates LONDON Eurodollar deposit rates closed steady in quiet trading on Friday. In periods, One Month was adjusted 1/2 higher because of a Friday end-of-period and finished at 83/4. 8-5/8. Two Months ended 1/16 point higher at 8-1/2, 8-3/8 and One Year added 1/16 to 9-5/16, #-3/16. In shortdates,
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      • Article
        Zurich
        504 4 THE FOREX market last week Initially responded favourably to the Bonn economic summit and the dollar made remarkable gains against all currencies. In the second half of the week, however, the Swiss franc, the yen and the sterling experienced sharp upward movements, and the dollar endured a sharp fall.
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      • Article
        London
        219 4 THE US dollar continued to show weakness against major currencies In erratic end week trading on Friday afternoon. The Swiss franc firmed to 1.7910/40 to the dollar from 1.7942/52 midday and 1.8025/40 overnight. The mark closed at 2.0525/40, little changed on midday but compared with 2.0583/93 overnight. Sterling continued
        219 words
      • Article
        Frankfurt
        43 4 FRANKFURT exchanges closing quotes on July 21: US 2.0590/30 Can 1 8310/30 8tf 3.91#/«2> D rl 02 4S/96 r FT 46.26/36 Ut 2.43/44 r Dr 44 36/36 Yen 1 0210/30 B Fr (con) 6.346/366 B Ft (fin) 6.367/377 N Kr 36 05/16
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      • Article
        New York
        165 4 THE dollar weakened against all major currencies In unusually active frlday trading. Mld-mornlng market assessment of news that Opec experts believe Indexing OH prices To a basket of currencies would provide stability for exchange rates and oil Incomes of producing countries led to dollar sates, dealers said. Sterling
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      • Article
        Short term money
        47 4 FOR THE week ended Friday July 21. the ranee of call rates received from Short Deposits (M) Berhad was as follows:Bank ftiad: 2*4 per cent to 4*4 per cent. General ftand: 3 per cent to 4*4 oer cent. Novcmnti of fund totalled 8567 million.
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      • Article
        Lock icon Money market
        67 4 Source: Astley Pearce THE interbank overnight market last week opened firm at 6 to 5*4 per cent but eased off after midweek to close at 3 to 2*4 per cent for the weekend. Term rates rose towards midweek to 6*4 to 6 per cent but closed at an
        Source: Astley & Pearce  -  67 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      451 4 THE GOVERNMENT OF MALAYSIA CONSTRUCTION OF BINTULU DEEPWATER PORT CONTRACT NO. 3 DREDGING (International Contract) NOTICE OF PREQUAUFICATION 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 Bintulu
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  • TRANSPORT
    • Article
      Silent freight war intensifies here
      1066 5  -  By CHAN BONO SOO ALL Is not well with certain shipping consortia operating through Singapore. Friction is increasing as individual member lines intensify their silent freight war against one another. Of late, competition has been so rife that some members are having second thoughts about
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    • Article
      Lock icon Wooing the shipping industry
      791 5 FT FOR THE last several weeks, Mr. and Mrs. Hajlme Suzuki In Tokyo have been poring over travel brochures and guidebooks describing the exotic delights of Hongkong. They are not planning a trip around the world, nor even a weekend shopping spree. Mr. Suzuki, a middle-level
      FT  -  791 words
    • Article, Illustration
      SHIPS IN PORT
      57 5 EXPECTED ARRIVALS TODAY JURONG PORT Fuzlaan B/l Youhao B/2 Pelita Dell B/3 Winter Mars B/4 Kyoho Mara B/7 Korean rlnce 87/8 Union Carrier B/9 Texas Yelloe Rose B/9 Slntlng Barge B/10 Padjonge B/10 EXPECTED DEPARTURES TODAY JURONG PORT Winter Mars Barge B/4 Kyoho Mara B/7 Korean Prince
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    • Article
      Container terminal
      103 5 WORK II nearing completion on the 100,000 aquare metre container terminal at Khor Fakkan in Sharjah the United Arab Emirate*' only direct outlet to the Indian Ocean acco ln f. to a "Port from United Arab Shipping Co (UASC). Thehne Far Eaat operation, manager, GrahameMellis, provi l e<
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    • Article
      Lock icon JAL to offer hotel-style beds on Boeing B747
      248 5 UPI •JAPAN Air Lines announced last week its Boeing 8747 passenger jets on distant international flights will offer hotel-style beds in the upper first class lounges from Aug 1. "JAL'i new "Sky Sleeper" service is perhaps the first of its kind and
      UPI  -  248 words
    • Article
      LONDON FREIGHT MARKET
      152 5 CHARTERING continued very slow on the London freight market on Friday and was concentrated mainly in the time-charter' section. The Far East remained neglected, but the European market experienced a fair degree of Interest. Federal Commerce booked the 28,851-dwt Antalos at U554,200 (559.600) per day for one
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    • Article
      Engineering firm wins two Brunei Shell jobs
      355 5 SEMBAWANG Engineering, a Sembawang Group of Companies subsidiary, has Just been awarded a $5-mll-y°n contract by Brunei Shell Petroleum Company to design and fabricate two offshore living quarters. The first of these Is due to be completed In May next year It will
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    • Article
      Lock icon Buenos Aires port activity is improving
      212 5 Reuter ACTIVITY at Buenos Aires port continued to improve with more vessels being handled on night shifts by newly hired longshoremen, shipping sources said. Cargo handling has been Jeopardised In the last few weeks by dockers refusing to work night shifts, weekends and holidays,
      Reuter  -  212 words
    • Article
      Oil pollution penalty
      128 5 PRESIDENT Suharto has endorsed a law to create a compensation fund for oil pollution damage, the official Antara News Agency reported on Saturday. The law grew from an accord reached by the Intergovernmental Maritime Consultative Organisation In 1971 in Brussels. Effective July 1, the law follows the
      128 words
    • Article, Illustration
      Two MISC ships win maritime safety awards
      193 5 THE Bunga Melawls and Bunga Tembusu, two vessels belonging to the Malaysian International Shipping Corporation, have received the US Coast Guard's Automated Mutual Assistance Vessel Rescue (AMVER) 1977 awards for maritime safety. In presenting the awards yesterday to MISC's company secretary, Encik Mohamed
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    • Article
      World ship orders down 35pc
      56 5 WORLD shipbuilding orders at end-June stood at about 58 million dwt, 35 per cent down from 89 million d t a year ago, London shlpbroker, Eager Forrester. said in ltsiatest report. New world orders In January-June totalled about 6.4 million dwt compared with 13.7 million
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    • Article
      DAILY AIRCRAFT MOVEMENTS
      754 5 ARRIVALS Service Local Operator Number Time From SAS SK097 0640 CPH/KHI/BKK MAS MH601 0700 KUL SIA SQ911 0735 SFO/HNL/GUM MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEN MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CPA CX710 1005 HLP GIA GA980 1030 HLP
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      334 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****S CITY TEL *****55 -f Call us for you. local or onward reservations Dl H. LAWRENCE Perhaps the censors were right when s w-. they banned D.H. Lawrence. Perhaps the police were right when they confiscated his books. Reading Lawrence can be dangerous even today
      334 words
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  • REVIEWS
    • Article, Illustration
      Lock icon Stayin' Alive with the Bee Gees
      1649 6  -  By JOHN ROCKWELL NYT AS ANYONE who pays the most cursory attention to popular culture must know, this Is the time of the Bee Gees. The Australian popdisco trio dominates the sound track of the present top-grossing movie,'' Saturday Night Fever," (playing at the
      NYT  -  1,649 words
    • Article, Illustration
      Lock icon That swinging Disney standby
      598 6  -  By VERNON SCOTT UPI THE DISNEY studio* is pristine bastion of probity dedicated to movies with general admission rating, the Flag, Motherhood and God. Since Mickey Mouse first squeaked his way to fame some 50 years ago, the Disney reputation has been unsullied by scandal and
      UPI  -  598 words
    • Article
      Barclays supports Avon Orchestra
      133 6 BARCLAYS Bank International is one of the sponsors for a Far East tour by '100 members of the County of Avon Schools Orchestra who will arrive in Singapore tomorrow for a fourday visit, accompanied by Singapore violinist, Mr. Kam Kee Yong. They will be performing here,
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    • Article
      More English than the English
      292 6 EVEN more English than the English, was the verdict of the international judges at this year's musical Eisteddfod at Llangollen, North Wales, in the UK. which ended on July 9, when they heard Singapore's Junior Singers' Choir from the Church of the Risen Christ. They
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    • Article, Illustration
      There are fairies amid their ideology
      434 7  -  By FOO CHOY PENG IDEOLOGY aside, the North Korean book, photograph and handicraft exhibition open until Wednesday July 26 at the Victoria Memorial Hall is aesthetically intriguing. But the Koreans are not likely to let you leave ideology aside without a struggle. Organised by
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    • Article
      In a superficial nutshell
      625 7 Southeast Asian Affairs 1978 The Institute of Southeast Asian Studies -Heinemann Educational 'Book (Asia) Ltd, $37.50 Reviewed by Toh Thian Ser IHERE Is a "ready reckoner" for those in a hurry to catch bird's eye view of developments in this region last year. The majority of
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    • Article, Illustration
      A very different kettle of fish from the West
      1598 7  -  By FONG MEW LENG SINGAPORE has not yet bred a distinct school of painters, but rather a Varied hotch-potch of artists each inspired by several different schools. But all of them seem to face a common problem: lack of exposure. Exposure
      1,598 words
    • Article
      How to prove a point to the hard-headed
      196 7  -  By SIVA ARABU IN HARD-HEADED Singapore, art often to* prove that it is useful before it can be accepted by either parents or children as a worthwhile activity when science and mathematica examinations seem more pressing by far. One of the Republic's
      196 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
      371 6 mmt ff 0 h i* A 1 I SI IB l. w%> > (i »»*f OLD SCOTCH WHISKY Jow> DtW** tSo'is L" fISTN H« U,M 'i' lll M Itf I m5!9 s »F i m 406/407 Havelock Road, B'pore 3. Tel: *****1 lon Bar Where beautiful things happen come around
      371 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      763 6 [leisure time] DRAMA FESTIVAL THE FORTNIGHT Aug 1-13 promi«e« to be a cultural bonanza for starving drama gourmands. The Ministry of Culture will be organising its Drama Festival in celebration of National Day (Aug 9), generously sponsored by Nanyang Siang Pau, the local Chinese-language daily newspaper. TT»e venues will be
      763 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      270 6 SINGAPORE 5 3.00 PM Opening announcements followed by Star Performance Magic Night 3.30 Diary Of Events (Tamil) 3.35 Afternoon Matinee Home In Indiana (Pt. 1) Starring: Lon McAllister, Walter Brennan, Jeanne Crain, June Haver 4.25 Intermission 6.05 Opening announcements followed by Harold Lloyd's World Of Comedy 6.30 News In Brief
      270 words
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  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      377 7 TODAY Lunchat OKOH N P 9 > 9 3 branches for your convenience: SINGAPORE OKOH Supreme House, Penang Road. Tel *****1 OKOH OF GINZA j Hong Leong Bldg Raffles Quay. Tel *****81 •J KATSURA Orchid Inn, Dunearn Rd Tel: *****2 li Enchanted cwni ngs in fine European tradition. Mirabelle *y
      377 words
  • Page 7 Miscellaneous
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  • MARKET REVIEWS
    • Article
      Market erratic but slightly ahead
      1101 8 K.LUMPUR THE Kuala Lumpur stock market was erratic and prices fluctuated to close the week, on balance, slightly ahead. Volumes were low to moderate and for the greater part of the week, caution and indecision ruled. Most operators watched the market with a wary eye
      1,101 words
    • Article
      Lock icon PRICES DOWN TO TWO-WEEK LOW
      460 8 TOKYO AFP SHARE prices fell to a twoweek low in moderately active trading on the Tokyo stock market last week for the first weekly decline in dye weeks. Orhe market climbed to yet another all-time high of 5,640.63 yen on Wednesday before easing off towards
      AFP  -  460 words
    • Article
      Stock prices maintain steadiness
      1043 8  -  SINGAPORE By TSANG SAU YIN THE WORST fears of market pundits were not confirmed last week when prices on the Stock Exchange of Singapore maintained a certain amount of steadiness, contrary to expectations. Investors and analysts were kept guessing as to how far down the technical
      1,043 words
    • Article
      COMPANY NEWS for the week
      259 8  -  ENDED JULY 21 COMPILED BY VIOLET CHOW RIGHTS ISSUE Faber Merlin Malaysia: Proposed rights Issue of one-for-10, raising $6.53 million. OTHERS Fraaer and Neave Ltd has proposed a capital reduction by returning the full amount of the capital paid on Its 7Vi per cent cumulative
      259 words
    • Article
      Lock icon Dow stumbles with loss of six points
      718 8 r < NEW YORK l d NYT A WEEK AGO, the stock market raced ahead with a rally that added 27 points to the Dow Jones Industrial average. But last week, the momentum ran out and the Dow stumbled, finishing at 833.42 with
      NYT  -  718 words
    • Article
      Speculators keep the action going
      364 8 HONGKONG FOR THE WEEK as a whole, the index lost another 10 points on sharply reduced turnover of HK$45O million against 1685 million last week and $1 billion the week before. Consolidation had generally been expected, especially after the wave of selling by local institutions
      364 words
    • Article
      Market finishes on firm note after rally
      324 8 f SYDNEY THE MARKET ended the week on a firm note following a late rally among the uraniums and steady gains by the local stocks. Investors were drawn back to the uraniums on Thursday following the announcement by the Foreign Minister, Mr. Andrew
      324 words
    • Article
      Divided policies a test of nerves
      740 8  -  LONDON k By GERALD COLVERD A PERIOD OF classical political brinkmanship over wages and divided policies last week promises to stretch stock market nerves in London throughout the coming week. While dividend restriction owns the least chance of finding parliamentary approval on any vote
      740 words
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      Page 8 Advertisements Column 1
      120 8 in PAN Paperback LECAIIE < THE HONOURABLE SCHOOL' HIS I AXI S I *1 WORLD BESTSELLER THE PREMIER SPY NOVELIST OF HIS TIME. PERHAPS OF ALL TIME in i■ 11 espionage nmel London. Hongkong. Vientiane ir< I lie netting* and <Jeorge and > (>mpan\ are hark It i> hard to
      120 words
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  • INTERNATIONAL STOCK MARKETS
    • Article
      Gold stocks shine in dull market
      1195 9 NEW YORK m STOCK prices declined In moderate trading, with gold stocks glittering In an otherwise lacklustre market on Friday. Analysts said prices weakened on concerns about higher interest rates and dollar weakness. Bond market analysts said the Federal Reserve allowed short term interest
      1,195 words
    • Article
      Lock icon Energy Dept. accuses Amoco of overcharging
      223 9 N.AMERICAN Reuter THE ENERGY Department said Amoco Production Company, a subsidiary of Standard Oil Company of Indiana, may have overcharged crude oil customers by US$ll.6 million over a 40-month period. The department served the company with a notice of probable violation of crude oil
      Reuter  -  223 words
    • Article
      Lock icon SEC postpones decision on Am. Electric
      218 9 Reuter THE SECURITIES and Exchange Commission (SEC) said It approved In principle the offer by American Electric Power Company to acquire Columbus and Southern Ohio Electric Company. But the commission put off final approval in what is its oldest case until American Electric clarified
      Reuter  -  218 words
    • Article
      PRICES END LOWER
      460 9 TOKYO PRICES closed lower on Saturday, led by export-oriented Isssues. following the ven'a sharp appreciation In New York. The market evfirage closed down 17.24 at 5\597.01, with volume 100 million shares. The New Index closed at 422.22, down 1.12. Electrlcals, vehicles and cameras fell with TDK Electronics
      460 words
    • Article
      Trading active
      349 9 Toronto SHARE PRICES closed higher In active trading on Friday. The composite Index was up more than three points at another four-year high. The gold Index, up more than 85 points on sharply higher bullion prices, made Its best gain since Jan 3 to reach Its highest level.
      349 words
    • Article
      Imperial Group profit dips 12.6 per cent
      681 9 EUROPEAN THE DECLINE In profit, forecast in March, at Imperial Group for the half-year to April 30, 1978, In the event turned out as a 12.6 per cent drop at the pre-tax level from £67.5 million to £59 million some £5 million better
      681 words
    • Article
      Lock icon Offer for Pearson Longman
      213 9 Reuter LONDON: UK publishing group, Pearson and Son Ltd, said it agreed to offer for the 15.02 million ordinary shares (36.44 per cent) in Pearson Longman Ltd which it does not already hold. The offer consists of one new S. Pearson ordinary share plus 30p in
      Reuter  -  213 words
    • Article
      Jo'burg
      413 9 OOLD SHARES were firm towards the close on Friday approaching high opening le»eti after edging off the top at mid-morning. Dealers attributed the renewed interest to early us demand and bullish reaction to the morning gold fix. Mining flnanclals were quiet and mixed, and generally ignored the producer trend.
      413 words
    • Article
      Ciba Geigy expects lower profit, sales
      299 9 BASLE: Clba Gelgy AO said first half group sales of five billion francs were 009 million francs below the level reached In the same period last year. In a letter to shareholders, it said it still expects sales and profits for the year as
      299 words
    • Article
      Lock icon FIRST BOSTON
      47 9 Reuter FIRST BOSTON INC said it is negotiating with Credit Suisse and Soclete Anonyne Financlere Du Credit Suisse Et De White Weld to acquire the Tormer White Weld interests in Financlere and the acquisition by Financlere of an equity position in First Boston Inc. Reuter
      Reuter  -  47 words
    • Article
      Lower dollar has little impact on Zurich shares
      420 9 EUROPEAN MARKETS PRICES in Zurich were mixed In quiet trading on Friday, with the lower dollar having little effect on the market. Banks were steady and flnanclals rose slightly led by Elektrowatt. In leading Industrials. Saurer bearer edged higher while Its registered
      420 words
    • Article
      Zurich
      187 9 JULY 21 Francs Actions Suisse* M ♦1 Alusulsse Br 1260 4-10 Alusulsse Rec 520 ♦1 Brown Boven Br. 1850 unch ClbaOeify Br 10W -19 Clba Oelg> P C 810 -5 Clba Oelcy Rec Credit Suisse Br 587 2185 -1 -10 Credit Suisse Rec 414 unch Elektrowatl Br. 1810 +20
      187 words
    • Article
      Amsterdam
      225 9 JULY XI ru ABN 382 50 -05 Ahold 107 00 1 Akzo 29 00 ■0 4 AMEV 83 30 +0 3 Am fas 106 00 -1 Amrot Bank 75 80 -02 Berg oss 50 00 •200 uneh +1 Boll 71 90 -00 BorsumtJ 157 00 -09 Burhmann 70 60
      225 words
    • Article
      Paris
      260 9 Jl)LY 21 Fr» CORBEILLE Alr-Liqulde BSNOervals Danon* CSF(ThomaonCsf) CieFrancaise des Petroles Compa^nle Financier* Compagnle General* Credit Fonder De France Hachett* (Ubralrie) Machines Bull Mlchetln (B) Paribus Pechlney Clglne Kuhlmann Peugeot• r>rilllpe(NvOem Bent) Prln tempi 8 A Rhone-Poulence 8A Royal Dutch SueM Cte Ft nan De) Thomson-Brandt Uslnor 333 556
      260 words
    • Article
      Frankfurt
      212 9 JULY 21 Dm Aef-Telefunken 81.80 +0.3 Akco 27.30 unch AllzLeben 696 +5 Allz Vers 479 unch BA8F 133.20 +0.1 Bay H T Wbank 291 50 BayVbank 330 +0 5 Bayer 134 90 +0.2 BBC 312 unch BMW 281.00 +3.5 Cassella 394 +7 Chem Verw 288.50 +1.5 Com merchants 231
      212 words
    • Article
      Milan
      101 9 JULY 21 Lire Anlc 110.25 10.25 Assoc Gen ***** »6# Bastogi 468 75 17.7S Central? 3845 Flat 1799 +5S Flnslder 150 ♦u Oen Immob 71 unch IFI Prl 2270 10 Italcementi ***** +330 I taigas 670 +5 Italslder 270 14 5 Magnet! M Pf 500 -2 Marelll Ere 342
      101 words
    • Article
      Brussels
      9 9 BELGIUM wu closed on Friday for National Day.
      9 words
    • Article
      Thomson suspended
      25 9 LONDON: The Stock Exchange nid trading in Thomson Organisation Ltd shares has been suspended at the company's request pending publication of,.a reorganisation Reuter.
      25 words
    • Article
      Selected indices
      36 9 FINANCIAL TIMES INDUSTRIALS Frtday 479.2 Thursday 470.4 Week Ago 474.4 DOW JONES AVERAGE INDUSTRIALS Friday 833.42 Thursday 838 62 Week Ago 83b.83 LONDON DOLLAR if" PREMIUM Frtday 106%. to 107K Thursday 108 to 108^
      36 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      188 9 V sffi" ■■y ..;a ,-f t ay* ML sßr r t The Worid's Supreme Storyteller Roald Dahl is one of the worid's most accomplished and successful storytellers. He has enjoyed huge success with both children and adults on both sides of the Atlantic. Swftchbitch, Charlie and the Chocolate Factory, Charlie
      188 words
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  • COMPANY NEWS
    • Article
      Sanyo's pre-tax profit up 46pc
      395 10 IN LINE with the Improved results announced recently by Matsushita and Setron (M). Sanyo Industries (Malaysia) has produced pother set of record profits far the year ended Dec. 31. 1977. 'Sanyo chalked up a 46 per ceftt rise in pre-tax profit to $1.88 million on
      395 words
    • Article
      Guthrie shares settle to 350 pence level
      195 10 SHARES IN Guthrie Corporation have settled calmly at around the 350p share level in London. There appears to be continuing buying support below this price. Chairman Sir Eric Griffith-Jones confirmed m>ny observations about the group at the previous week's annual meeting of shareholders.
      195 words
    • Article
      PUBLIC BANK UNIT
      133 10 PUBLIC Bank Berhad has announced that with the approval of Bank Negara Malaysia, it has recently acquired 2,500,000 ordinary shares of Msl each In Public Holdings Sdn. Bhd., thereby making it a whollyowned subsidiary of the bank. Public Holdings was incorporated on March 26, 1973 with an
      133 words
    • Article
      High prices lift Lower Perak
      380 10  -  By LOW LEE CHOO HIGHER tin concentrates output combined with booming tin metal prices have pushed profits at Lower Perak Tin Dredging to a record high, thus checking its profit slide experienced in the previous two financial years. For the year ended April 30, 1978,
      380 words
    • Article
      Worldwide Holdings
      49 10 WORLDWIDE Holdings has been asked to furnish its reasons and details over the fall in its investments as reported in the company's latest annual report for the year ended Dec 31, 1977. Worldwide's total investments showed a drop from $498,231 in 1976 to only $190,351 last year.
      49 words
    • Article
      BUSINESS TIMES INDUSTRIAL GROUP INDICES (BASE YEAR: JAN 4, 1971 — 100)
      163 10 BUSINESS TIMES INDUSTRIAL GROUP INDICES (BASE YEAR: JAN 4, 1971 100) J,, I*"/" 1 Week Ended H.rh 1 uw Industrial Group Point lnn July 14 July 21 Change 338 62 145 90 Automotive 327.77 325.81 -1.96 496 57 328 67 Banks. Insurance. Finance 1 135 80 and Trustees 436 02
      163 words
    • Article
      Faber Merlin accounts not finalised
      212 10 FABER Merlin Malaysia, in a reply to the Kuala Lumpur Stock Exchange, has said that it is unable to furnish its trading results for the financial year ended June 30, 1978, because the accounts have not been finalised. However, preliminary results can be expected to
      212 words
    • Article
      DIVIDENDS ANNOUNCED
      321 10 Current payment Ex Date Booka Date payable Total for the year Tout for previous year M. Containers Lien Hoe Bukit Sembawang Johan Tin Aokam TongkarHarbour Oriental Hldgs. Public Bank George Town Kg Lanjut Sungei Besi Kramat Tin Dredg. Killinghall M. Flour Kuala Kampar FAN Riverview Sanyo Inda. (M)
      321 words
    • Article
      SCRIP ISSUES
      131 10 Company Particulars Ex Date Books Close Peg i Malaysia Great Eastern Life M'sia Feedmills Lien Hoe Sentosa Plywood Synthetic Reains Fa bar Martin Bonus Issue of 1 for 5 Bonn* Issue of 1 for 2 Rights Issue of 1 for 4 <•>$1.00 per share Rights Issue of 1
      131 words
    • Article
      Standard Chartered views region with optimism
      207 10 THE ANNUAL review of chairman Lord Barber to shareholders in the Standard Chartered Bank Is notable for the optimism expressed on the future in South-east Asia. It stands in almost complete contrast to the problems listed for the Western economies. West Asia and South
      207 words
    • Article
      SHARE INFORMATION SERVICE
      2682 10 This Year Higfe Low Coapaay La* Sale +OrGr*i DMt Crr Gr*a Nat ru% P/B Val j <*•••> Waak Law 8ECTION ONE INDUSTRIALS 230 233 172 210 200 83 27# 268 210* 478 132 123* 112 133 195' 00* 162 173* 140* 256 Acma Alcorn Allied Choc BAT
      2,682 words
    • Article
      CHICAGO BOARD OPTIONS
      1400 10 July 21 CHICAGO Board Options Exchange volume eased to 155,002 contracts on Friday fron Thursday's 180,480. July options expired on Saturday. OPTION JLY OCT JAM 8TOCK Alcoa 40 2 3/8 4 UNTRD 42 3/8 Alcoa 45 UNTRD 17/18 26/8 43 3/8 Alcoa SO 7/18 UNTRD UNTRD 43
      1,400 words
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  • MONDAY SPORTS
    • Article, Illustration
      Lock icon When Ilie decides not to be Nasty
      1132 11 NYT EXIT I lie Nastase, villain, enter Ilie Nastase, martyr. Under three months' suspension from lucrative Grand Prix tennis tournaments, including the 1978 United States Open, hit with a US$5,OOO (SS11.500) fine by his peers, docked $7,000 for missing a recent World Team
      NYT  -  1,132 words
    • Article
      Playing the Olympic game
      537 11  -  By RONALD KOW IMAGINE reading this in the foreign exchange column sometime in late 1984: "The US dollar fell heavily against major currencies on the foreign exchange markets yesterday on news that the'-Los Angeles Games incurred a deficit of USI2 billion (now SSI.9 billion), dealers said."
      537 words
    • Article
      Sizzling 14-under-par feat by "C" champ
      978 11  -  By TEO TECK WENG JOHNNY SIAU, a 22-han-dlcapper from Keppel Club, led a par-breaking assault on Keppel's new 18-hole course with a whopping 14-. under-par 54 to clinch the 'C' division title at the Keppel Open championship on Saturday. Right behind him was fellow
      978 words
    • Article, Illustration
      Lock icon NANCY, QUEEN OF THE GREENS
      1281 11 NYT NANCY Lopez has attracted so much attention in the last four months that many of those who have just discovered women's golf are taking for granted that she will win the United States Oolf Association's 26th Annual Women's Open Championship, which started last week
      NYT  -  1,281 words
    • Article, Illustration
      Lock icon Spinks finds it tough to earn his living
      1116 11 Washington Star LEON Splnks Is the first to admit that all he really wants to do Is find a way to live his own life. He also is the first to admit that It has not been easy to do so since
      Washington Star  -  1,116 words
    • Article
      Business Houses team starts training
      232 11 THE representative team of the Singapore Business Houses' Football League (SBHFL), comprising 33 selected players from the various affiliated clubs, will have their first training session on Wednesday. To be conducted every Monday and Wednesday at the Singapore Malay Football Club ground (5 p.m.). the
      232 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      158 11 COLLECTING Oriental Antiomej by Judith Moorhouse and Dries Blitz ra Hamlyn Qroup, London. Oriental antiques have always fascinated collectors throughout the world, evoking as they do the exotic and Inscrutable East. It Is, however, widely believed that they are too expensive for the average collector. This myth Is perpetuated by
      158 words
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  • Article
    Shortage of tin will worsen, say UK traders
    293 12 ANOTHER set of figures has been added to the array of data on the range of possible tin shortfall in the next few years by Londonbased commodity traders and consultants, RaynerHarwlll Ltd. Tin International, in Its current issue, has quoted Rayner-Harwlll as
    293 words
  • Article
    Lock icon UK unions denounce 5pc pay hike limit
    685 12 Reuter THE UK government's guideline of 5 per cent limit for wage settlements in 1978/79 Is completely unrealistic, said the country's largest trade union. In a statement on Friday, the Transport and General Workers Union said: "A 5 per cent guideline is completely
    Reuter  -  685 words
  • Article, Illustration
    WORK STARTS ON JADE TOWERS
    312 12 WORK has started on the $6-million Jade Towers which is scheduled for completion in mid-1980. Jade Towers will comprise two I(V-storey blocks with a total of 72 apartments. The project is on freehold land along Lorong Ong Lye. It is financed through a loan of
    312 words
  • Article
    Poultry equipment plant for Malaysia?
    349 12 ONE of the world's largest manufacturers of poultry faftnlng equipment, Q. Mark international Limited of Hasllngden, Lancashire, is keen on setting up a factory on a Joint venture basis in Malaysia to serve a vast potential market in Southeast Asia and the Pacific. Chairman John
    349 words
  • Article
    Lock icon HK agrees not to skirt the issue
    394 12 AP Reuter HONOKONO has agreed to limit its wool skirt exports for the remainder of this year to the United States to 557,500 pieces. In a statement after the conclusion of five days of consultations between the two sides on the Implementation of
    AP; Reuter  -  394 words
  • Article
    Lock icon KICKING UP A FUSS
    138 12 AFP THE Hongkong Rubber Footwear Manufacturers' Association has complained that sboes made in Taiwan ■resetting into the United States under the Hongkong The association charged that Taiwanese manufacturers were using Hongkong as a final assembly point and sending the shoes on as Made-in-Hongkong to beat US
    AFP  -  138 words
  • Article
    Lock icon Japan's ethylene output rises
    216 12 AP JAPANESE production of ethylene In the first six months of this year was 2,068,000 tons, an increase of 7 per cent compared with the corresponding period of 1977. The Association of Petrochemical Industries reported that production In June was 359,000 tons, up 11 per cent
    AP  -  216 words
  • Article
    Lock icon Biggest technology show for China
    115 12 AP JAPAN will stage the biggest exhibition of technology It ever brought to China, at a two-week show in Peking from Sept. 2. Metal processing, construction materials and other advanced industrial processes will be featured. The Association for Promotion of International Trade, the sponsors, said
    AP  -  115 words
  • Article
    KL commodity hopes
    91 12 MALAYSIA Is hopeful that the Unctad commodity price stabilisation talks and Association of Natural Rubber Producing Countries' rubber stockpile proposal will eventually achieve some success. This was stated by the Deputy Finance Minister. Datuk Neo Yee Pan while opening a seminar on "ad- vances in modern technology
    91 words
  • Article
    Iraq will sponsor raw material exporters cartel
    188 12 IRAQ will sponsor the creation of an international raw material exporters cartel to be patterned after the powerful Organisation of Petroleum Exporting Countries, declared Foreign Minister Su* doun Hammadi on Saturday. Tlie Iraqi delegation to the forthcoming nonaligned nations foreign minister's conference will
    188 words
  • Article
    Hyatt's 'new' floors
    65 12 THE Hyatt Singapore Hotel will spend more than $2 million this year redesigning and refurbishing rooms on Its top seven floors. The remaining floors will be Improved over the next two years In line with the company's policy of upgrading Its hotels every five to seven years.
    65 words
  • Article
    UK law won't hit trade with Saudis
    430 12 THERE IS Uttle concern In Jeddah that the promulgation of anti-boycott laws in Britain will affect Bau-dl-Brltlah trade. The Saudi business community believes it can "live with" anti-boycott legislation, according to a survey by the fortnightly Petromoney, a bulletin on oil money. The
    430 words
  • Article
    Lock icon Saturday gold fever hits Hongkong
    421 12 AP UPI HONOKONO money dealers said on Saturday they were puzzled by sudden heavy demands In gold, the Swiss franc and the mark. Although the exact amount of transactions In the two currencies was not known, one dealer described It as "staggering." The Hongkong Silver
    AP; UPI  -  421 words
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      Page 12 Advertisements Column 1
      110 12 g I V jKjg$ g|k£ p 9 J "PP J. It < t r? 4 e«*~ > DAJHATSU iooo A. SC r.~r HE«s^4Srr v"sCT*-..- «*49hk W-, r> ■'VUtl. J H 4 STROKE EMQtttC I 1 l u» IS Ttfar nzatk :ApPf® l" \srf lA. > .> f V V *w
      110 words
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  • Article
    SHIPPING TIMES
    2976 13 SCHEDULE 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 Urn involved, and the estimated dates of arrival and departure, from 81n«apore port. t CwMortlaaw StanOiteh lui a feint ▼W
    2,976 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      484 13 Scan Dutch V Fast and Regular Service To/From N.C. /SCAN/W.MEDJJJ.K. Singapore: Tel. *****, Port Kelang: Tel *****1. Kuala.Lumpur Tel. *****. Penang: Tel ***** EVERGREEN LINE fEVERGREEN MARINE CORPORATION) FAR EAST/RED SEA, MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE ALSO ACCEPTING CARGO FOR:GENOA. LATTAKIA. BEIRUT. ALEXANORIA BENGHAZI. TRIPOLI (LIBYA) S pore *laddaliPeetSaidLii«a«solLt|lieeiiFM
      484 words
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      Page 13 Advertisements Column 2
      382 13 I Seatrain Full Container Service to USA FEEDER VSL S PORE MOTHER VSL MK OAK LA GULF E/C A VESSEL 26/7 Seatrain 9/8 25/8 27/8 5/9 8/9 29/7 Princeton V.131 A VESSEL Setrain 11/8 Lemngton 23/8 10/9 8/9 18/9 21/9 16/8 V.139 Full Container Service from USA MOTHER VSI E/C
      382 words
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      Page 13 Advertisements Column 3
      508 13 MAN SOON SHIPPING TRADING CO < PTE) 110 ;iui 4 .109 SMUTON HOuSl SMIHTON v cost Ml .'2OOB i I I'•»{s .*****0 7704V> •M.V. "SELAMAT DATANt" "CHEWY MANIS" M.V. "CNCRRY MAiU" M V. "CHERRY BACUI" *M.V. "SENS HOIK" •M.V. "LUNA MARINA" M.V. "CETAN KINABALU" M.V. "SINCERE TRA9ER" M.V. "CLMIOUS TRAPCR"
      508 words
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      Page 13 Advertisements Column 4
      432 13 STRAITS TRANSPORTATION PTE. LTD. COMPANIA NAVIERA MARASIA, S.A. fVU CONTAIMRSMIP SfRVKU TO AM) FROM MtCILOM DISCHARGING lOAOIRG BARCflOtll "lANG SPORT i PORT PKf LANG BARCELONA NIPPONICA July 13 Aug 10 MEDITERRANEA J"'» 24 July 25 Aug 11 LAURO/VICEROY/GLOBAL JOINT SERVICE REGULAR INDEPENDENT MONTHLY DIRECT SCRVICC TO APAPA. LAGOS AWSMI S*f«NK.
      432 words
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      Page 13 Advertisements Column 5
      93 13 Ncdlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore Tel *****. Port Keiang Tel *****1. Kuala Lumpur Tel. *****. Penang Tel. ***** NOTICES DAI I CHI CHUO KISEN KAISHA, TOKYO M.V. 'TAIHH MARU" FROM KOBE/HONG KONG ARRIVED ON lttii JULY, I*7B AT P.B.A. GO DOWN NO. 22
      93 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      800 14 SHIPPING 7 fb fcjibK S pan P MtMl H'kori B'kma Mam EXPORTS UHjtw (mMk City i Etinto ThmMoti 6ukj Uj $Cnavon 22/7 24/7 28/7 30/7 7/8 9/8 14/8 15/8 19/8 Kk 257? "27/8 12/1 14/8 19/8 21/8 27/8 29/8 179" 4/f 10/9 12/9 16/9 18/9 15/8 17/8 22/8 <31/8) 30/8
      800 words
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      Page 14 Advertisements Column 2
      817 14 £2 SANKYO LINE AUSTRALIA SERVICE P. KtUftf Sw»|apart loading tor DIAMOND STAR SAILED IN PORT ADEL, MEL. SYO. YUEMAN t> Jul* JO/31 loty DWN, BR'S. SYO Mfl MAY SKY 30/30 July 31 July/ 1 Aug FREM MAYCARP 12/. i Aug 0 Aug BRIS, SYO, MEL BANGLADESH SERVICE MAY CARP Wit
      817 words
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      Page 14 Advertisements Column 3
      699 14 4 LAND r U U.S.A./ ASIA SERVICE otr klfhigerated containei xma sailing tvtrr mednesoat ro« wtn w ffl. CANADA. CARIBBEAN. lAPAM. UMU TAIWAN HONG KOMG. THAILAND AND PHIUPPWES J«- W*J"" PONCE V 329 Jul, 25/k i«iy2« WORLD LION V 5 mi/2 WORLD TIGER V 6 tmttn «»t' WORLD LION V
      699 words
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      Page 14 Advertisements Column 4
      806 14 Everett Lines "pa. Burmi Frvt Star Sfcippmi Corpn. "BURMESE NATIONAL LINE' LOADING FOR RANGOON HTONEYWA 1/3 Aug B F S S C Agents in Malaysia: TEPS MALAYSIA 1 Port Kelang Tel (38) 7355 Penang Tel. *****/ ***** ri\ Transportation Maritima Moxiana S. A. "MEXICAN NATIONAL LINE" FM LAST WCIICO I
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      Page 14 Advertisements Column 5
      698 14 Orient Overseas CwtcMteA Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) CHEYALIER ROZE HKONG CONTAINER U« IMERCATOR oriental chief i« IS. SOS BRIDGE 17V ORIENTAL RESEARCHER 31 NEPTUNE CORAL M CHEVALIER PAUL 12W 21/1 22/1 27/1 29/1 31/1 2/9 4/9 J/J 9/t tt/9 13/* 15/9 17/9 18/9 22/9 24/9 a/9
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      Page 15 Advertisements Column 1
      1251 15 QCL Overseas Containers Limited service il w/c»irrtwiwT: H'burg It'dun It S port P. Kiltn D'mirk Brim. A'wirp Havre O M It 111 im I* t« II ta| 11 ta| TMT» UT S 111 M 111 II «n BWLUtI I M I W II An tm* EBINBUBCN 7An I An 20
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      924 15 Ben Ocean A)OBtsemc9c/BinlAn&BkJ9RMWieiCtenLmeandNSUO TO H/CMTMD (via M Di S>apxn P. Kaiafc* him ft PROTESILAUS 14/1S 10/30 *K 5 lift Leuoes. Bilbao. AjK^trdan. Hull. BENMNOR a/»Sl»t II Oct leuoes. Butao. tanurw. Hull BENCRIIACRIN 20 22 Oct II NO Laiieas. Bilbao. Amsterdam, Hull. riOM OK/CONTINgNT (T (at) ■—Sails Europe Peaang P Kelang
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      Page 15 Advertisements Column 3
      876 15 BEN LINE CONTAINERS LIMITED f wci All U.IL NOMMNt lirttss i w i nmi 11 Mft 21 Sift 14 Vtft RITAM MAN JWJ 1 *J»t a Sift 1J Sift J Act) a Sift ROWLOON UT 11 Oct <11 Oct) 2 Oct fRMR: M BURfc O'NAVEN RTIAM lUVRE SOTON (|MP(i hNiu
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      Page 15 Advertisements Column 4
      997 15 Scan Dutch V EXPRESS CONTAINER SERVICE VIA SUEZ WESTBOUND TO MED/UK/ CONTINENT/SCANDINAVIA FeMe- >'<m P. Aalani Vessel I gon L Mse.llee 2 Ita X HhK| 4) Sfte ELEANMA Saled Ml DELFT 11/ 7 1/ I 12/ I 14/ t II FMKESCA N > Sf LAMIA I/O W/( ll' I 11/1
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      Page 15 Advertisements Column 5
      603 15 GUTHRIE BOUSTEAD THE BANK LINE LTD LMBS FN L ft S. AFRICA (Mauritius, Raanian, Zaniibar. INirban, E. 1.. PI. an) P. Kelanf tint M S'port M Pt/14 M uit a Mm mu P. Will S port 4/ IM| P. Rtlanf 11/Tt ta| S port 1 J/» Aaf LYKES ORIENT LINE
      603 words
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      1057 16 K LINE KAWASAKI KISEN KAISHA. I.TD (VIA SOEZ) ky Cartaiaar Vessels to nmon S'oore f Kelang H burg Bremen R'dam A« CH&ALIER MX W 27 Mr MMy II «n II Mf Ml* 22ft hUMCCMTUNfI 11W s*« I Aaf 25 A* 27 An 21 Aa| 21 Aaf 31 Ai MUMIM7W 11
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      Page 16 Advertisements Column 2
      999 16 E. C.-U. S. A. ATLAITIC/6ULF SERVICE ICCOTIM FCt/lCt CMTIIKB FtCH SfHt f. Klikt KM* ierp tar NORFOLK. NEW vm. BAL7IRMRE. M* ORLEANS HOUSTON tlf V«|l|Wt P ltiM| ItIKK P*a»M tal vessel- E.C./GREAT LAKES SERVICE lPP*ag tar: MfflU. NEW TIM. MOMTMAL. TOtBWTO. UITUKU. BETRBIT. CNICAGS l„, P»npM Betawen KtlPag S,»|aco'» ■S.B.
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      874 16 NEPTUNE ORIENT LINES LTD 'FULLY CONTAINERISED SERVICES: to imm oru skzt S'pore P ftelatK S'bawpti* H'twt CHEVALIER M/It 21 My 71 My Ml* "J* I.ONUONC CONTAINER 5 tot Ih| n ta| »»H hERCATM 11 17 tet 29 Aat *Sap« 3 Sapt 4Spp( ORIENTAL eater ll A* It Aat 5 Sapt
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      Page 16 Advertisements Column 4
      588 16 MALAYSIA* I* SHIPPING CORPORATK>V**\HAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM M ED/UK/CONTINENT/SCANDINAVIA VIST IMM EXPRESS CONVENTIONAL SERVICE TO UKJ CONTINENT >1 Ma«i W'l»| Pfuni LaaOiaf tV: lUHCA 111 l »/1 In 1/ tat 1/9 l« Bionj H I CJrflt* Lpool t Bmen 5/9. Mbur| 8 9, Rdem 11 9. A«wrp 14'9.
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      Page 16 Advertisements Column 5
      726 16 INTRASEA (PTE) LTD ir><- Housf* O' .'fM'fl Road < Telephone- iS4 maaiMA'MMKm RE6VLAR INOEPEMCNT UMI FNU CONTAINER SERVICE TO EUROPE Spore P Ktlanc MtltM Ml) (CM«r M»p) J Aat M'bur| Cam jl>u'| M sailles S tcn (UK SEA tWNlla will K Htf la Pot Htur| R'dam B^uiofm ATLANTIC tItOTtSS WBI4
      726 words