The Business Times, 31 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 31, 1978 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Bond investors
      68 1 UPI TOKYO, Sun, Japanese Investors bought some US$l,llB (552.5 billion), worth of foreign bonds, mostly American, In June, surpassing the entire annual total of $895 million In 1977, the Securities Dealers Association of Japan announced yesterday. It said more than 90 per cent of the bonds were short-term
      UPI  -  68 words
    • Article
      Lock icon Lower car quota
      50 1 AP CANBERRA, Sun. Australia today reduced the quota on Imported passenger motor cars by 6,000 for 1978. Industry and Commerce Minister Phillip Lynch said the level for 1978 would be 88,000. The reduction was based on a new market estimate for 1978 of 470,000 passenger vehicles. AP
      AP  -  50 words
    • Article
      Lock icon Queensland resort
      55 1 AP CANBERRA, Sun. The Australian government announced today It had approved the establishment of a Asloo million (Ss26o million) tourist resort In Queensland by the Iwasakl Sangyo Company of Japan. The resort is to be built at Yeppoon, on the central Queensland coast near Rockhampton. There is no
      AP  -  55 words
    • Article
      Lock icon Back to jail
      83 1 UPI MOSCOW, Sun. US businessman F. Jay Crawford was ordered to return to Moscow's Lefortovo Prison tomorrow for further questioning on charges of currency violations. Mr. Crawford, 37, a sales representative for International Harvester Corp., was dragged from his car on June 12 by militiamen and held
      UPI  -  83 words
    • Article
      Lock icon Agnes slams HK again
      76 1 UPI HONGKONG, Sun. Tropical storm Agnes roared back into Hongkong yesterday for the second time In a week and then headed for the Chinese mainland, leaving three persons dead and millions of dollars worth of damage. Packing winds of more than 45 knots, Agnes unleashed torrential
      UPI  -  76 words
    • Article
      Giant dam
      72 1 ULU LANGAT, Sun The Ms 34 million earthfilled dam being constructed at Sungel langat will be able to hold 35.4 billion litres of water, when completed In early 1980. The dam, which will be the largest earth dam in the country, will have a catchment area and dam
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    • Article
      Lock icon Chess stalemate
      55 1 Reuter BAGUIO, Philippines, Sun. Chess champion Anatoly Karpov and challenger Viktor Korcnnol tonight ended their marathon fifth game of the world championship in a stalemate. After 12 hours spread over three playing days, they reached a position where the challenger was ahead on material but had no way
      Reuter  -  55 words
    • Article
      Lock icon Rural development
      59 1 AFP KUALA LUMPUR, Sun. Twelve countries have agreed to establish a centre for Integrated rural development to serve Asia and the Pacific. An agreement to set up the Centre on Integrated Rural Development for Asia and the Pacific was reached last Friday at a conference convened under the
      AFP  -  59 words
    • Article
      Lock icon Mitsubishi mission
      50 1 AP TOKYO, Sun. A 15-member mission of seven Mitsubishi companies left for Hanoi today to seek active business relations with Vietnam. Mitsubishi is one of Japan's largest Industrial and business combinations. The mission will also tour Haiphong and Ho Chi Minh City, (Saigon), a company spokesman said. AP.
      AP  -  50 words
    • Article
      Lock icon Shirts of sand
      46 1 AFP ANTWERP, Belgium, Sun. Three containers of "shirts" from Hongkong delivered to a Belgian department store chain here were full of sand, said legal authorities. The shirts, worth 20 million Belgian francs (Ssl.s million), are thought to have been switched in Hongkong. AFP
      AFP  -  46 words
  • Article
    TOP TEN STOCKS
    116 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 28 1978 Haw
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  • LOCAL STOCK INDICES
    • Article
      SINGAPORE
      76 1 July 24 July 2S July 26 July 27 July 28 tt BT Index: 1496 24 1527.95 1511.27 1516.56 1531.26 Industrials: 349 14 353.06 352.86 352.44 356.64 (o Finance: 572.99 574.29 570.85 572.81 574.40 Hotels: 227.83 228 57 228.77 228.61 228.73 Properties: 213.90 216.07 215.02 215.69 216.07 Tina: 158 06
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    • Article
      MALAYSIA
      91 1 July 24 July 25 July 26 July 27 July 28 tt BT Index: 2192 38 2244.14 2190.60 2212.10 2229.80 Industrials 393.93 397.79 oqa aa JvO.OO 396.28 400.30 (o> Finance: 497.66 498.64 497.99 499.39 500.37 Hotels: 211.31 211.64 211.64 211.72 211.39 Properties: 209.89 213 92 212.48 213.10 213.30 Tins: 182
      91 words
  • Article, Illustration
    Asean, US in a race against time
    721 1  -  ELEVENTH-HOUR TRADE BID By JOHN TAN ASEAN and US officials will be making an eleventh hour bid to reach substantial agreement on the question of Asean-US trade just before the two are scheduled to start two days of bilateral talks in Washington on
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  • Article
    Dow stakes in New Nation, Straits Times
    215 1 DOW Jones and Company Inc. has purchased 153,179 shares in the Straits Times Press (1975) Ltd. and 36,000 shares in New Nation Publishing Ltd.. giving Dow Jones about 3 per cent interest in each company. The cash purchase is valued at a total
    215 words
  • Article
    Chen family in multi-million dollar suit
    910 1  -  By COLIN CHEE COMPANIES owned by one of Asia Commercial Banking Corporation's four vicechairmen, Mr. Chen Pan Teck. and his family members have been sued for a total of more than $11 million. One writ taken out against Lina Shipping by First Oversea Credit
    910 words
  • Article
    Garment makers can beat quotas in two ways
    277 1 THE president of the Singapore Garment Manufacturers' Association, Mr. Lam Thian, said at the association's 11th anniversary dinner yesterday that local garment manufacturers must seek new markets and produce new clothing items, such as dresses, uniforms and children's wear, in order to
    277 words
  • Article
    No decision yet on location of EEC office
    434 1  -  By WANG LOOK KEAH ASEAN most probably will set up only one promotion office in the European Economic Community. The snag now is that the five member countries have not decided where and what It will promote. According to Asean sources, whether
    434 words
  • Article
    Know-how sought
    106 1 THE Prime Minister of Papua New Guinea, Mr Michael So mare, has said that besides trying to improve trade, air and shipping links, his country is also Interested in using Singapore's technical know-how to develop its natural resources. Papua New Guinea is rich in copper, coffee, cocoa, oil
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  • Page 1 Advertisements
    • Advertisement
      Page 1 Advertisements Column 1
      27 1 ®Wayfbong MAF A lending hand when Wayfoong Mortgage -you need and Finance (Singapore) Liihjted ll lllOSl Shaw Mousr. Ground Floor. 354 Orchard Road. Singapore 9. Tel: *****7.
      27 words
    • Advertisement
      Page 1 Advertisements Column 2
      171 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
      171 words
    • Advertisement
      Page 1 Advertisements Column 3
      93 1 wm SHIPPING TIMES THE Hash House Harriers 2 UNITED Malacca predicts YARD chief hits at bantu' prices 10 -by 5 MATING tw pu.^ Patricia Goh 6 for BICC 11 BOOK reviews 7 SOME facts to jog you into MARKET reviews: Singapore thinking 11 o ?n7 etteri; k° n< n 8
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    • Advertisement
      Page 1 Advertisements Column 4
      113 1 Albert Photo j For the best in photographic imv equipment Hf Ap (4 M( *n > JAL FLIGHT 712: THE TOKYO EXPRESS I NEW YORK VANCOUVER 'WSAN m FRANCISCO V WANGELES I HONOLULU i SINGAPORE MEXICO CITY i Only on JAL can you non-stop to Tokyo, then make convenient connections
      113 words
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  • Article, Illustration
    HASH HOUSE HARRIERS
    1372 2 A special kind of madness fuelled by beer THE HASH House Harriers have become a legend in their own right in Singapore, many of theml businessmen, most, of them expatriates, all tough young men who run long distances for the hell of it at lea§t once a
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  • Article
    Lock icon Minute krills may make a whale of a difference
    916 2 Reuter vide one billion people 25 per cent of the world's population with 20 grams of animal protein a day. In half a century, whalers reduced the world's whale population by 90 per cent. During the same period, scientists have plotted
    Reuter  -  916 words
  • Article
    NO SMALL FRY
    232 2 EXPORTS OF frozen prawns from Sarawak are earning big money, with both the size of shipments and their value jumping to new highs. Last year, consignments to Singapore, Japan and the United States hit 1067 tonnes, worth M 514.2 million, making the industry an extremely valuable income
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  • Article
    MEMO PAD
    475 2 COURSES AND TALKS May 8-Aug 17: Aust Insurance Institute Assoclateshlp 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 office, NPB Aug 10: Performance management, Hilton, Consulasla Aug
    475 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      25 2 BALLY OF SWITZERLAND firth THE LEADING MENSWEAR TAILORS 4 STORE OUTFITTERS HIGH ST CENTRE •LUCKY PLAZA* OCEAN BUILDING •SUPREME HOUSE •HILTON RAFFLES HOTELS* COLD STORAGE
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  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      602 2 TWO-IN-ONE CROSSWORD CRYPTIC PUZZLE ACROSS 1 But It wtll also take you down (4) 4 Animals the buster breaks (6) 8 Come out shooting! (3) 10 Crazy way to run (4) 13 It's hot cricket (8) 14 Be mlddlingly diplomatic (7) 15 Sea area with an outer bay (6) 17
      602 words
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  • OVERSEAS
    • Article
      Lock icon Accord may helps save vast sums
      468 3 Reuter MILLIONS of dollars could be saved by multinational corporations and their employees as a result of an agreement between the United States and Italy expected to take effect next month. The accord would exempt international companies and their staff from paying social security
      Reuter  -  468 words
    • Article
      Lock icon US shouldn't use trade as human rights lever
      394 3 AP THE United States should not withhold trade from the Soviet Union in an attempt to influence its human rights policies, a group of businessmen has said. Business members of the American Committee on East-West Accord said: The political use of export
      AP  -  394 words
    • Article
      Lock icon CITIBANK UNCHANGED
      81 3 Reuter CITIBANK said it left its prime rate unchanged at 9 per cent for this week. A spokesman said its formula, which is based on the three-week average of the 90-day dealer placed commercial paper rate, brought the rate to 9.114 per cent slightly below the 9.125 per
      Reuter  -  81 words
    • Article
      Lock icon Big three US car makers' profits near record
      271 3 UPI THE big three US carmakers rang up near-record profits of US$l.67 billion (SS3.B billion) In the second quarter despite Chrysler Crop's attempt to get out of the red. The combined earnings of General Motors, Ford Motor and Chrysler represented only a
      UPI  -  271 words
    • WORLD IN BRIEF
      • Article
        Lock icon ISSUE OF £800m STOCK
        652 3 Agencies THE BANK of England announced the issue of CBOO million. 12 per cent Exchequer stock. 1999/2002, at t'96. Last week's average rate on UK Treasury bill tender fell to 9.1136 per cent on Friday from 9.2430 per cent the previous week. Applications for the tender
        Agencies  -  652 words
    • Article
      Lock icon Japanese wire faces dumping probe
      178 3 AP THE US Treasury Department announced that It is investigating whether Japanese stainless steel round wire is being dumped in the United States at unfairly low prices. The department said it was acting on a complaint filed by 17 American firms that contend imported wire
      AP  -  178 words
    • Article
      Miller's view on tax cut
      1006 3 FEDERAL Reserve Board chairman William Miller said over the weekend that it is too early to cut taxes on capital gains. Efforts to stimulate investment quickly should focus on a substantial Increase in depreciation allowances for new spending, he said at a House Banking Committee
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    • Article
      Lock icon OCTOBER YEN BONDS
      224 3 Reuter AP FINLAND and Mexico and a Brazilian firm, Companhia Energetics de Sao Paulo are planning to float yen-denominated bond* on the Japanese capital market in October, Tokyo securities sources said. The sise of the flotations has yet to be decided, pending developments on the Kary and
      Reuter; AP  -  224 words
  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      89 3 Mr'-'" Our 747s fly non-stop i evening. Also to Melbourne four times and Brisbane three times a week. n v V It's nice to have 1 you with us.' V Please contact your travel agent or British Airways Reservations. Tel: *****4 British airways We'll take more care of you. T
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  • RAW MATERIALS
    • Article
      FOREIGN RUBBER
      174 4 FIRMER sterling sent terminal rubber In London on Friday into a modest afternoon decline to close at the day's lows. Losses from Thursday ranged from 0.60 to 1.15 pence per kilo compared with opening gains against the East of up to 0.40 pence. Turnover totalled 265 lots of
      174 words
    • Article
      Straits tin
      172 4 THE STRAITS tin price in Penang on Saturday rose MS 10 to $1,710 $10 above the new International Tin Agreement ceiling, dealers said. Turnover, however, fell five tonnes to 245 tonnes. In LONDON on Friday, tin on the day lost £30 for cash and 120 for Three Months
      172 words
    • Article
      Sugar
      202 4 SUGAR futures closed C 1.85 to C 2.75 per tonne up in i London on Friday. Turnover totalled 3.425 1 lots. The market was steadier i with prices continuing the < recent rally from life-of- contract lows on l commission-house buying and short-covering. Dealers said there was no fresh
      202 words
    • Article
      Rice
      194 4 BANGKOK rice prices were quoted as follows on Saturday: (In US dollars per tonne FOB. basic Bangkok) Whit* Rice: 100 pet Ist class 407.100 pet 2nd class 392. 100 pet 3rd class 387, 5 pet 382. 10 pet 357. 15 pet 352. 20 pet 347. 25 pet 332. 35
      194 words
    • Article
      Palm oil
      72 4 LONDON^ 1 1 European P° rts ln us dollars per ton unless otherwise stated Malaysian 5% ffa bulk per tonne September Sumatra 5% ffa bulk July August September Friday unch unch 595pd 557'»/560pd/ Previou* 552slr 630slr 597 Vislr 560slr October November December Nigeria 5% ffa bulk stg ROTTERDAM:
      72 words
    • Article
      Produce exchange
      249 4 CHINESE Produce Exchange, Singapore noon closing prices per plcul on Saturday-. Coconut oil: Bulk *88 sellers, old drum $93 sellers, new drum $98 sellers c«*ra: Mixed (loose) UK/Corn $59 buyers PiH": Muntok AST A white f.o.b. 100* NLW $340 sellers. Sarawak white fob MS NLW $322 50 sellers.
      249 words
    • Article
      Lead
      98 4 LEAD on the day fell by C 3.75 all round in London on Friday. Continued liquidation and hedge selling kept the market under pressure during the afternoon and Thi%e Months traded down to C 315 in the ring before shortcovering cushioned the fall on the kerb. The early steadiness
      98 words
    • Article
      Zinc
      77 4 ZINC on the day lost C 1.25 for cash and C 2.25 for Three Months in London on Friday. The afternoon market held around end-morning levels in thin trading. This metal followed the trend in copper and lead during the morning but the volume of fresh trading Interest remained
      77 words
    • Article
      Tin, rubber closing prices
      68 4 •Tin Tonnes Rubber (S) Rubber (M) July 24 *1,700 206 228 25 233 75 July 25 $1,695 208 230 25 235 50 'MS per plcul July 26 July 27 $1,89# $1,698 251 241 233.25 232.00 238.25 237.00 August One RS8 In cents per kilo July 28
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    • Article
      Coffee
      347 4 ROBUSTA futures In London on Friday closed slightly steadier, £33 to £10 per tonne higher compared with Thursday's close. Volume traded was 3,416 lots Including 120 options. Futures closed the morning barely steady on lack of fresh buying interest and closed £3 down to £8 up after opening £34,
      347 words
    • Article
      Cocoa
      292 4 TERMINAL cocoa In London on Friday fell back In afternoon trading after mid-session steadiness to close with pared gains from Thursday night of £35 to 123.50 per tonne. Dealers attributed much of the late selling to jobber Erofit-taklng, belated edging and currency selling against the strength of sterling. Turnover
      292 words
    • Article
      Silver
      283 4 THE Hongkong silver futures market on Saturday closed at HK5259.50, unchanged from the previous day and unchanged throughout the day. Fixing was done at HK5259.50 against the previous day's HK5258.00 On the LONDON Metal exchange on Friday, silver rose by 5.1 pence all round. The firmer trend in sterling
      283 words
    • Article
      Copper
      361 4 COPPER wlrebars on the day were up £1.5 for cash and unchanged for Three Months In London on Friday. Values were shaded during the afternoon under profit-taking and booksquaring following a turnround at New York and a steadier trend In sterling against the US dollar. Three Months closed trading
      361 words
    • Article
      Gold
      842 4 FOLLOWING the breakthrough of US$2OO per troy f ounce on Friday night the kilobar In Singapore on > Saturday opened at s S$ 14,667 and closed at 5514,703. The high and low was 5514,718 and 5514.667 j respectively. t Spot gold for London delivery opened lower at U*****.90/198.30 against
      842 words
    • Article
      Soybean
      210 4 CHICAGO soybean futures on Friday finished with gains of 4-1/4 to seven US cents a bushel, but mostly several cents below the day's highs. Traders said rumours that two leading exporters would be shipping more than one million bushels of soybeans out of Chicago contributed to the firm tone.
      210 words
    • Article
      Dealers wait and see as dollar falls
      364 4 TRADING in copra, coconut oil and pepper last week retreated to the sidelines when the US dollar plunged below the 200-yen level as the week began. Wait-and-see sentiment prevailed as the dollar did not seem to find any suport level for long in
      364 words
    • Article
      Wheat
      173 4 WHEAT futures in Chicago on Friday closed half cent a bushel higher In the nearby September, but other Months fell 11/ 2 to 21/ 2 US cents. Heavy pre-hedge selling in anticipation of Increased movement over the weekend drove futures lower rate in the session, traders said. Prices, then
      173 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        161 4 THE US dollar last week opened weaker at 2.2980/00 as the US/yen rate broke the 200-yen level and was traded downwards In sympathy to dollar's weakness against other currencies in overseas market. Trading in US$/S$ was sporadically active with erratic movements. It was traded to a low of
        161 words
      • Article
        MLR
        21 4 THE average rate at which Singapore banks are currently prepared to lend to their best customers is 7 per cent.
        21 words
      • Article
        Asian $ rates
        267 4 Asian rates RATES slipped gradually last week with a modest turnover in Three and Six Months. Friday periods opened lower upon news of a drop in US basic money supply of US$2.B billion in M-l and $1.7 billion in M-2, and continued shedding off another 1/16 per cent In an.offered
        267 words
      • Article
        Lock icon Discount market
        378 4 Source: Commercial Discount Co Ltd. ALTHOUGH funds in respect of unsuccessful applications were returned on the same day, few transactions were concluded in the interbank market last week after the results of last Monday's bond issue were known. In the circumstances, overnight money rates firmed significantly to peak
        Source: Commercial Discount Co Ltd.  -  378 words
      • Article
        New York
        172 4 ALTHOUGH It was firmer against the yen and Swiss franc, which had reached record highs during the session, the US dollar ended mixed against major currencies on Friday. The yen finished at 0.5190/5210 cents, or 192.31 midpoint, after it had risen to a record 189.95 midpoint, or 0.5262/67
        172 words
      • Article
        London
        558 4 DISAPPOINTMENT with the Bonn summit, continuing high Japanese trade surplus and signs that Opec Is considering switching oil pricing to a basket of currencies produced sharp falls In the US dollar last week mainly against the yen and the Swiss franc. The yen has soared 5 per cent higher
        558 words
      • Article
        Zurich
        342 4 THE YEN last week experienced an extraordinarily sharp rise. Against the dollar, it moved up from 200.70 two Fridays ago to 191.80, which was an all-time high. The dollar, on the other hand, was heavily depressed over a broad front, whereby it fell to an all-time low not only
        342 words
      • Article
        Euro $ rates
        121 4 Euro rates FIX-DATED Eurodollar deposits rates eased on relatively active offering activity in London on Friday following the fall In US weekly money supply for the second consecutive week while shorts held steady, dealers said. However, early falls were pared by 1/66 in places during late trading on Fed chairman
        121 words
      • Article
        Short term money
        47 4 FOR THE week ended Friday July 28, the range of call rates received from Short Deposits (M) Berhad was as follows:Bank fund: 3 per cent to 5% per cent. General fund: 3 per cent to 5 per cent. Movements of fund totalled $511 million.
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      • Article
        Lock icon Money market
        67 4 Source: Astley Pearce THE interbank money market was tight last week after the Government bond Issue amounting to 5725 million. Overnight funds were traded at the average of 8 per cent. Term rates firmed by H to per cent. The Ones, Twos and Threes closed 6 5/16 to
        Source: Astley & Pearce  -  67 words
  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      102 4 in PAN Paperback LECAKE 1 THE HONOURABLE SCHOOL' t HIS I.ATES'I OKI D BESTSELLER "THE PREMIER SPY NOVELIST OF HIS TIME. PERHAPS OF ALL TIME I h i rn n.ini r rt I ink Now on Sale at all good bookshops r'* Distributed by TIAIKS IMS l IvIHDTORS SD\ HHI)
      102 words
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  • TRANSPORT
    • Article, Illustration
      Banks hit for immoral tactics
      505 5 THE MANAGING director of Sembawang Shipyard has criticised banks for their "unethical tactics" In securing payment from shipping companies. Writing in the July Issue of Seatrade, Mr Neville Watson, said shiprepairers "are witnessing a deterioration in business ethics as the shipping crisis deepens and the
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    • Article
      M.A.S. TO INCREASE FLIGHTS TO KUCHING
      136 5 THE MALAYSIAN Airline System (MAS) is to run seven extra flights from Kuching to Johore Baru for §assengers bound for ingapore during the current school holidays. An MAS spokesman was commenting on a news report in which the Sarawak Consumers Association president, Haji Dawi
      136 words
    • Article
      Sembawang Shipyard's $20m pier
      190 5 SEMBAWANG SHIPYARD is building a $20million finger pier thit will allow easier access for aupplies and services to throe floating docks on its eastern side and for outfitting job* for giant tankers on the western side. The project, which is part of the shipyard's expansion and
      190 words
    • Article
      Anti-Narita radicals' protest blow-up
      541 5 DIE-HARD opponents of Tokyo's new International airport put up tethered balloons, set fire to a truck and used-car tyres and staged a torch demonstration, but the departures or landings of aircraft were not affected. Before dawn yesterday, clusters of tethered rubber balloons, each measuring 20 centimetres
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    • Article
      DAILY AIRCRAFT MOVEMENTS
      693 5 ARRIVALS Service Local Operator Number Time From MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CPA CX710 1005 HLP GIA GA980 1030 HLP THAI TG423 1035 BKK SIA SQ103 1045 KUL SIA SQ209 1045 HLP MAS MH605 1045 KUL GIA GA944 1055 PKU GIA GA908 1100 MES
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    • Article
      Lock icon Navigational control the answer to accidents
      761 5 OFNS THE SS Mobil Pinnacle Is more than a third of a kilometre long and bv the time it had finished loading at the Saudi Arabian oil terminal of Ras Tanura this week it was carrying 205,000 tonnes of crude oil worth US$lB million
      OFNS  -  761 words
    • Article
      Lock icon LONDON FREIGHT MARKET
      153 5 UPI THERE WAS a slight improvement in the amount of chartering involving vessels fixed to or from the Far East. ADM booked a 50,000 dwt loader with heavy gralnsorghum and soya beans for the US Gulf to Japan haul after Sept 25 to an October reloading at
      UPI  -  153 words
    • Article, Illustration
      SHIPS IN PORT
      224 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Murrayeverett (0600) 35/36 Straat Nagoya (0600 after Greenville) 3/4 Sangerhausen (0600 after Allsher Navol) (group I on board) 31/32 Martha Bakke (0600 after Kaigo) 6/7 Bowoon No. 3 (tanker) (1200 after Nizhnevartovsk) (subject gas free P/o) 16 Big Progress (Car carrier) (2300
      224 words
    • Article
      Lock icon EEC nod for UK subsidies
      129 5 Reuter THE EUROPEAN Common Market Commission has agreed to the British government's proposals to extend subsidies to the shipbuilding industry up to the end of the year. But each subsidy must be submitted to the commission for approval in order to comply with EEC rules
      Reuter  -  129 words
    • Article
      CAL BUYS AIRBUSES
      74 5 THE CHINA Airlines announced the signing of an agreement to purchase four French-German Airbus A3OO-84-200 with an option for four more. A spokesman said the agreement was signed In Talpeh last Frtdav, with Lieutenant General Chang Lln-teh and Mr Bernard Lathiere representing China Airlines and Airbus Industrie
      74 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      17 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****5 CITY TEL *****55 all us *oi ''ou> local or onward reservations
      17 words
    • Advertisement
      Page 5 Advertisements Column 2
      131 5 Change for the Bett v i o X > <8* J*' S* >& 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
      131 words
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  • REVIEWS
    • Article, Illustration
      MY FATHER'S STORY
      2705 6 PATRICIA GOH of Goh Soon Tioe Music Studios, the local cellist and bassoonist, has woven a fascinating tale from the stories told to her by her father, Goh Soon Tioe his sterling work on Singapore's music scene as the leading local maestro and violinist hardly needs introduction,
      2,705 words
    • Article
      Lock icon Silk fails to deliver the goods
      562 7 NYT Economics in Plain English all you need to know about economics in language anyone can understand Leonard Silk Simon and Schuster, US$B.95 Reviewed by Christopher Lehmann-Haupt THE tenth and penultimate chapter of Leonard Silk's uneven "Economics In Plain English" Is called "What Economics
      NYT  -  562 words
    • Article, Illustration
      Lock icon YOUNG AND FOLKSY
      91 7 Novosti EVER thought about Russian fashion? Yes, it exists. Not surprisingly, with such a strong rural, peasant tradition behind them, Russian designers tend to stress "folk" elements and this tunes easily into the recent wave of "folkloric" fashions favoured even in Western capitals. The resulting "country" style
      Novosti  -  91 words
    • Article, Illustration
      Lock icon M. Clouseau strikes again
      659 7  -  By NIGEL ANDREWS FT INSPECTOR Jacques Clouseau rides, or rather stumbles, again. The fifth movie celebrating the adventures of the maladroit French detective hits Western screens this month and It Is time to ask the question: should Clouseau go on or have we had enough of
      FT  -  659 words
    • Article
      Closing date
      45 7 THE closing date for entries to the People's Action Party Slglap branch's photo contest and exhibition is tomorrow, Aug 1 entry forms are obtainable at Slglap Community Centre, 6 Palm Road, Singapore 16 and PAP Slglap Branch, 850 East Coast Road, Singapore 16.
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    • Article
      Opening date
      53 7 ENTRIES are now being accepted for this year's Brunei South-east Asia Salon of Photography exhibition to be held in Bandar Seri Begawan In November. All entries must be submitted before the end of August and the necessary forms are available from the Photographic Society of Brunei, Box 1025,
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    • Article, Illustration
      No thought for budding poets
      580 7  -  •y WANG LOOK KEAH IF THE objective of the Poetry Evening presented on Thursday night •t the National Museum theatrette was to stir interest in local literary worhs and to ezpoee young talent, then it failed. Somehow, such occasions all too often turn out to
      580 words
    • Article, Illustration
      Just another flying kick
      376 7  -  •y TEO TICK WING THE Chinese film scene in Singapore is monopolised by a potpourri of preposterous martial-arts films designed primarily for the Kung-fu-hungry audience. Some of them are so overdone that even the "glmme-more-blood" audience has found "them hard to swallow. The latest Chinese film
      376 words
    • Article
      Art competition
      119 7 SINGAPORE artists can get entry forms for the 13th Modern Art International Grand Prix Monte Carlo Art Competition to run from Dec 15—28 this year, from the National Museum, during office hours. The competition, organised under the patronage of the Prince and Princess of Monaco, Is intended to
      119 words
  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      350 6 405/407 Havelock Road, S'porc 3. Tel: *****1 ►-.a 1 IOHN DEWAA £,s<>*> I Igggggss223 The Ancestor of Whisky Another quality product from lon Bar Where beautiful things happen come around to lon Bar for a swinging get together where Toto and his Kids, Constellations. Sonny Bala The New Moonglows, The
      350 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      731 6 LEISURE TIME DRAMA FESTIVAL: The National Day tethral, organised by the Ministry of Culture and sponsored by Nanyanf Siang Pau Chineselanguage daily newspaper, features tne following this week: Tuesday Madam White Snake (Peking Opera), Ping Sheh troupe, Victoria Theatre, Bpm. Wednesday Andorra (English drama). Experimental Theatre Club, Cultural Centre, Bpm.
      731 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      250 6 TiVfHRWDTO SINGAPORE 5 3.00 P.M. Opening followed by Star Performance 3.30 Diary of Events (Tamil) 3.35 Afternoon Matinee The Actress (Part 1), starring Spencer Tracy, Jean Simmons, Teresa Wright, Anthony Perkins 4.20 Intermission 6.05 Opening followed by Harold Lloyd's World of Comedy 6.30 News in Brief 0 6.35 Misterjaws 0
      250 words
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  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      388 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 H ?i t n *m i i i »i i 5 |S" i €:*T H 0 V f 111 4feMGU> Lunch TODAY
      388 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      72 7 BriStoW SWRLL ee eßTiwe »M yx>R Ov>nefc>i todp*V ~pn ON R strict snmm»K& Dter find UONO€* UM-teTUfcfc NOU COJIO ftjSTUL ur SornejHW& U©HT Bar wooc»sm»iG» 9 i U>OND€R uHervfeß. sfou CP«KI U€J-P me... P DIN£»N VOUR cp\NT(&£N evefcw DP»V... BRiSTOu) or 60^N6 BftSTOV/ RISTO-y B FOR JRm R- £OL>/ fbLsj
      72 words
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  • MARKET REVIEWS
    • Article
      Haw Par leads a new set of favourites
      1154 8  -  SINGAPORE Br TSANG SAU YIN TH£ market found a new set. of pace setters on the Stock Exchange of Singapore last week as traders turned highly selective. First to be spotlighted was Haw Par which saw a record turxipver of 2.26 million
      1,154 words
    • Article
      Lock icon Yen causes concern
      277 8 TOKYO h AFP PRICES turned mixed in slow trading on the Tokyo stock market last week with the Composite index rising and the Dow Jones average declining. The steep rise of the yen against the dollar both at home and abroad weighed heavily on traders' minds. The
      AFP  -  277 words
    • Article
      Lock icon Buoyant in all sectors
      482 8 SYDNEY k A Reuter THE market was buoyant in all sectors last week but lost a little momentum during Friday's trading. The mixture of good and bad news on the uranium front made uranium stocks a focus of attention late in the week with Pancontlnental adding
      Reuter  -  482 words
    • Article
      COMPANY NEWS for the week
      294 8  -  ENDED JULY 28 COMPILED BY VIOLET CHOW OTHERS United Overseas Land (UOL) announced that It has purchased five million shares of f 1 each In United Overseas Development (UOD) for a consideration of $225,001, thereby making It a wholly-owned subsidiary of UOL. UOD's main lines
      294 words
    • Article
      Lock icon Investors ignore bad news
      722 8 r < NEW YORK k 4 NYT STOCK prices pushed higher last week without flinching in the face of normatly disheartening developments. The market even managed to move ahead on Friday, a day when the price of gold moved above US$2OO an ounce for the first
      NYT  -  722 words
    • Article
      Boomlet sparks
      816 8  -  LONDON BY GERALD COLVERD LONDON stock markets are reaching for new peaks in share values. A widespread buying move by Instiand private investors has lifted prices over such a broad front that the FT Actuaries 500 share Index threatens to mark Its new peak whilst the FT Index
      816 words
    • Article
      Boost for stocks
      1023 8 K.LUMPUR THE strong burst of buying interest In selected counters towards the end of the week gave the Kuala Lumpur stock market a strong fillip, pushing the New Straits Times Industrial ordinary share Index past the 400-point level to close 8.19 points higher for the week at
      1,023 words
    • Article
      Lock icon Market storms ahead
      409 8 HONGKONG h_ 4 Source: SHK Sec. WITH tropical storm Acnes bringing Hongkong to a mid-week halt, trading on the stock market was seen on only Monday, Tuesday and Friday. Nevertheless, some useful gains were registered and the index gained every day. Major announcements included provisional trade figures
      Source: SHK Sec.  -  409 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      229 8 ANDREA t mm wm«3. a WW mort wmmmfßmm family gains the tense momentum of a thriller as of Barbed Wire relationships lead to tragedy. Another Bouquet is Andrea Newman's sequel to A Bouquet of Barbed Wire. Prue dead, but Gavin and Manson cannot let her go. Her presence lingers in
      229 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Record output at Standard Oil Indiana
      453 9 f N.AMERICAN Reuter THE Standard Oil Company (Indiana) reported a slight increase In Its second quarter profit compared with last year's second quarter. The nation's sixth largest petroleum company said Its net income came to U*****.7 million ($1.95 a share) compared with $277.3 million
      Reuter  -  453 words
    • Article
      EASTERN AIRLINES
      118 9 Eastern Airlines Inc reported a sharp increase in its profit for the second quarter over the same period a year earlier. The carrier said net income surged to U5524.2 million, or $1.15 a share from $1.63 million, or eight cents a share, on sales of $599.9 million compared
      118 words
    • Article
      Lock icon Arm co sees higher net profits
      253 9 Reuter ARMCO Inc announced higher net profits for the second quarter of U5551.32 million compared with $29.99 million for the previous corresponding period. Sales were $1.11 billion again-st $917.7 million previously. Net profits for the first half were more than doubled to $81.55 million
      Reuter  -  253 words
    • Article
      Revlon ahead
      133 9 REVLON Inc, a leader In the cosmetics field, said higher results in domestic and international operations and its beauty and health care units led to a rise in its second quarter earnings to U5533.5 million from $25.3 million in the same period a year ago. Earnings per share
      133 words
    • Article
      Barclays payout raised to 6.05p
      209 9 BARCLAYS Bank reported substantially hif her interim earnings with group pre-tax profit rising to £154.2 million from £131.5 million in the comparable period last time. The latest results give an EPS of 33.8p against 29p previously. With the better showing, the bank is raising its
      209 words
    • Article
      Currency losses hit Rank Xerox
      545 9 EUROPEAN L d WITH CURRENCY movements wiping £13 million from the Xerox companies' trading contribution, taxable profit of Rank Organisation dipped from £61.07 million to £57.55 million in the 28 weeks to May 13, 1978. Turnover for the period was up from £206.79 million to
      545 words
    • Article
      Lock icon EASTWOOD DECISION
      203 9 Reuter THE board of J B Eastwood recommended Eastwood shareholders accept the offer of 160p per ordinary share of the company made by Imperial Group Ltd, Eastwood advisors S O Warburg Ltd said. Warburg said the Eastwood board and other shareholders intend to accept the offer in respect
      Reuter  -  203 words
  • INTERNATIONAL STOCK MARKETS
    • Article
      Blue chips still going strong
      1199 9 NEW YORK THE stock market extended Its gain to a fourth session In fairly active trading on Friday as strength continued In glamours and blue chips. Analysts said the market continued to gain from Improving US trade figures, an encouraging report on money supply growth
      1,199 words
    • Article
      Toronto
      322 9 SHARE prices closed higher In active trading on Friday with the Composite Index up more than two points and advances leading declines 270 to 190. Eleven sub-groups were higher, with papers, real estate and pipelines posting double-digit gains. Consolldated-Bathurst A rose 7/8 to 30 and MacLaren Power and Paper
      322 words
    • Article
      Generally firmer
      461 9 EUROPEAN MARKETS EUROPEAN bourses closed generally higher on Friday However, In FRANKFURT, share prices eased on balance on profit-taking after recent gains, dealers said. In autos, Daimler and Mercedes lost 1.50 and 2.30 marks respectively, while VWD added 70 pfennigs and BMW 4 50 marks. Deutsche Bank added
      461 words
    • Article
      Zurich
      185 9 JULY 28 Francs Actions Sulsses 265 S H AlusulsseBr 1250 unch Alusulsse Reg 518 -2 Brown Boverl Br 1050 unch Clba Gelgy Br 1060 -20 Clba Oelgy PC 815 -5 Clba Oelgy Reg 582 -1 Credit Suisse Br 2170 •10 Credit Suisse Reg ♦09 ♦2 Elektrowatt Br. 1830 +25
      185 words
    • Article
      Brussels
      93 9 JULY 28 Frs FORWARD MARKET Aeec 337 +4 Arbed 2385 15 Astur 602 10 Brascan 488 +5 Bru-Larab 1540 unch Canpac 578 unch Cock 426 -2 De Beers 209 +5 Ebes 2300 +20 Electrobel 6740 100 Ob-Inno-Bm 2310 15 Oev 1320 10 Hobok 2305 -25 Petro 3710 unch Ryl
      93 words
    • Article
      Amsterdam
      172 9 JULY 28 FU 47ABN 304 50 ♦0.5 Ahold 108 20 +0 7 Akzo 30 80 ♦0 4 AMEV 82 90 +0 3 Amfas 105 00 -1 Amrot Bank 76.10 +0* Bergoss Berk Bols 70 80 -0 2 BorsumlJ Burhmann Byenkorf 94 00 *0 2 Calve Delft Dell M1J 131
      172 words
    • Article
      Paris
      268 9 JULY 28 Fr* CORBEILLE Alr-Uqulde B S N Gervals Danone CSFIThomsonCsf) Cte Franca l* des Petroles Compagnle Financier* Compagnle Generale Credit Fonder De France Hachette (Llbralrle) Machines Bull Mlchelln(B) Paribas Pechlney Clglne Kuhlmann Peugeot-Cltroen Philips (Nv Gem Bezlt) PrinlempsSA Rhone-Poulence SA Royal Dutch* SueKCle Flnan De) Thomson-Brandt Uslnor 338
      268 words
    • Article
      Frankfurt
      211 9 JULY Dm Aef-Telef unken 80 30 -0 2 Akzo 28 80 •t-0.9 AUz Leben tUB unch A1U Vers 479 >2 BASF 135.40 -0 2 Bay HT Wbank 292 20 Bay Vbank 329 50 unch Bayer 139 70 -0 8 BBC 312B BMW 298 50 +4.5 Casselia 380 ♦2 Chem
      211 words
    • Article
      Milan
      104 9 JULY Lire Anlc 125 1 Assoc Gen ***** -230 Bastogl 476 3 Ont rale 3783 +34 Flat 1793 18 Finsider 139 -4 On Immob 76 +0.75 IFI Prl 2270 +5 Italcementl ***** 140 I taigas 671 1 Italstder 276 -11 Magnrti M PJ 487 +2 Marelli Ere 322 -10
      104 words
    • Article
      Jo'burg
      330 9 GOLD shares closed the week on a strong note on Friday, reflecting record bullion levels JULY 2ft Rand INDUSTRIALS A Alpha 135 4-3 Abercom 198 10 AE And CI 300 unch AMIC 1040 uBch Barlows 407 6 Cg Sugar 450 unch C'NA 165 unch Currte Finance 78 -2 De
      330 words
    • Article
      SELECTED INDICES
      38 9 FINANCIAL TIMES Thursday 850 57 INDUSTRIALS Week Ago 833 42 Friday 492.1 Thursday 488 8 LONDON DOLLAR Week Ago 479.2 PREMIUM DOW JONES AVERAGE Friday 99S to 99% INDUSTRIALS Friday 856 29 Thursday 99>-< to 99V,
      38 words
    • Article
      TOKYO
      458 9 SHARE prices closed higher In mixed trading on Saturday despite the sharp yen appreciation abroad. Dealers said the Dow Jones average closed up 9.85 at 5,587.87 with volume of 170 million shares. The Tokyo Stock Exchange Index closed at 422.85, up 0.53. Shares benefited from the government's business stimulating
      458 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      145 9 INDONESIAN AND MALAYSIAN COOKING r COOKING r t c ■I ■3* > #1 V by Gilds T3y pIOdU E^s-ga-retained its own art. culto*. religion and cooking blending of all these factor makes the Malaysian and Indonesian cuisine a gour i table laden with exciting foodr A vanety of dishes are
      145 words
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  • COMPANY NEWS
    • Article, Illustration
      United Malacca expects firm rubber prices
      893 10  -  By Our Reporter RUBBER prices can be expgfted to stay firm as world •assumption of natural rafcber is likely to exceed production, Tun Tan Slew Sin, chairman of United Malacca Rubber Estates says. In his statement to shareholders in the annual report for the
      893 words
    • Article
      KLSE queries Bovis over Permas sale
      190 10 THE Kuala Lumpur Stock Exchange has queried Bovis Southeast Asia on its recent sale of its entire holding In Permas Jaya Sdn Bhd. The Exchange wants for public release the name of the purchaser, the basis upon which the consideration of $5,605,600 or $1,078
      190 words
    • Article
      COMPANY MEETINGS
      203 10 Kramat Tin Dredging Bhd: AGM to be held at 16, Jalan Tangsi, Kuala Lumpur, at 10.15 a.m. on July 31. Sungei Besi Mine* Malaysia Bhd: AGM to be held at 16, Jalan Tangsi, Kuala Lumpur, at 11.45 a.m. on July 31. Kampong Lanjut Tin Dredging Bhd: AGM to
      203 words
    • Article
      DIVIDENDS ANNOUNCED
      270 10 Current payment Ex Date Book* cloae Date payable Total for Total for the year previous year Georfe Town Kg Lanjut Sungei Beai Kramat Tin Dredc. Killing ha 11 M. Flour Kuala Kampar PAN Riverview Sanyo bids. (M) S'pore Glass (1974) Pegi Malaysia L'td Malacca M Cement Pan Electric
      270 words
    • Article
      SCRIP ISSUES
      134 10 Company Particulars Ex Date Books Close Peg i Malaysia Great Eastern Life M'aia Fredmill* Lion Hoe SentoM Plywood Synthetic Retina Faber Martin Bonus Issue of 1 for 5 Bonus Issue of 1 for 2 Rights Issue of 1 for 4 ®$1 00 per share Rights Issue of 1
      134 words
  • Article
    SHARE INFORMATION SERVICE
    2693 10 Tki* Ymt Hi«h Low UM Sale +OrG. Div% r't Dlv Gr. Net Crw rift'p/E Vol C009) Hick Week Low SECTION ONE INDUSTRIALS 230 233 172 219 200 83 276 268 210* 478 474 172 308 545 146 251 970 133 436 360 110 570 342 157 776
    2,693 words
  • Article
    CHICAGO BOARD OPTIONS
    1591 10 July 28 CHICAGO Board Options Exchange volume expanded to 135,359 contracts from 133,984 contracts on Thursday. OPTION JLY OCT JAN STOCK Alcoa 40 61/2 71/4 UNTRD 451/4 Alcoa 45 23/4 35/8 41/8 451/4 Alcoa 50 7/8 13/4 NOL 451/4 Am Tel 55 UNTRD UNTRD UNTRD 60 5/8
    1,591 words
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  • MONDAY SPORTS
    • Article, Illustration
      Why jogging could really mean the end of the road...
      2468 11 WARM exercise, after a long period of inactivity, is a major cause of fractures, dislocations, sprains and strains that affect one of every 10 Americans. In a US News and World Report ques-tion-and-answer interview, Dr. Roger H. Michael, a sports
      2,468 words
    • Article
      Smooth sailing for SICC over Changi
      531 11  -  By TEO TECK WENG DEFENDING champions, Singapore Island Country Club, cruised to an easy victory yesterday at the New Course when they beat lowlying Changi Golf Club by 11 strokes in the Singapore Golf Association Premier League. The SICC trio returned a total of
      531 words
    • Article
      TABLES
      108 11 PREMIER P w D L Pts SICC 10 7 2 1 16 Seletar 10 7 0 3 14 Keppel 9 5 0 4 10 Jurong 10 5 0 5 10 Srmbawang 10 4 1 5 9 Tengah 9 1 0 S 8 Changl 10 3 0 7 8 Warren
      108 words
    • Article, Illustration
      NICKLAUS STILL IN GOOD REPAIR
      959 11  -  By PETER DOBEREINER THE British Open golf championship result answered one question which had begun to nag at the back of Jack Nicklaus's mind, and which had exercised his fellow professional golfers for the past three years. Could he still win a major championship, or
      959 words
    • Article
      THE GAME GAME
      639 11  -  By RONALD KOW THE GREAT Olympic game is still going on. LA comes up with fresh proposals, says Lord Killanin. So what? Maybe we can play along with our game the game of games. Not the game of games as in the King of kings but the
      639 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      157 11 Don't let the language barrier stop you from wider contacts m m eW w \o s** \N ro a \V>\ e V^<*V' \e^ 5 S S^\o^>Y^ e c\ ••I V YOU SIMPLY CANNOT FAIL WITH VISAPHONE. Use it at home, while travel- I ling in fact anywhere and any time
      157 words
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  • Article
    Spotting the leaders among union members
    316 12 MORE participation in union activities by younger employees must be encouraged. Unions will then find it easier to spot potential leaders. This advice was given to leaders of the Union of Keppel Shipyard Employees of Singapore last night by the Minister for Finance, Mr
    316 words
  • Article
    The facts aren't fishy
    140 12 IT IS expected that Singaporeans will eat 75,000 tonnes of fresh fish In 1981. To help meet part of this anticipated demand, the Primary Production Department is actively developing fish farming or aquaculture In coastal waters and ponds. The scheme is intended to improve the lot
    140 words
  • Article
    Zoo gets $20,000
    34 12 CHARTERED Industries of Singapore Pte Ltd has donated a sum of $20,000 towards the care and welfare of the animals in the Zoo. the Singapore Zoological Gardens announced over the weekend.
    34 words
  • Article
    Lock icon Inflation is Carter's overriding concern
    1067 12 AP PRESIDENT Carter said Inflation is "my most severe domestic problem" and admitted that recovery by the United States will be a very slow, very tedious, very doubtful process. In almost every area foreign affairs, civil service reform, employment, housing, productivity, tax reform inflation Is
    AP  -  1,067 words
  • Article
    Lock icon AMERICAN TRADE DEFICIT FALLS
    287 12 Reuter THE US second quarter trade deficit measured on a balance of payments basis narrowed to a seasonally adjusted U557.96 billion (5518.3 billion), the US Commerce Department announced. The deficit compared favourably with the record quarterly deficit of $11.2 billion in the first quarter. The deficit
    Reuter  -  287 words
  • Article, Illustration
    Using the old to speed the new
    349 12 A STUDY of the Asia/Pacific region's social and cultural heritage will be undertaken by the Asian Development Bank (ADB) to examine If some of the region's traditional systems and Institutions can be of help In speeding up economic and social development. A technical
    349 words
  • Article
    ADB gave aid to five countries in second quarter
    504 12 THE ASIAN Development Bank approved loans of a total $94.1 million during the second quarter of this year. One loan was on concession terms from the bank's special funds and the other four from its ordinary capital resources. According to the
    504 words
  • Article
    SIA LEASES DC-10
    83 12 SINGAPORE Airlines is leasing a DC-10 from Martlnair, a charter airline, for a period of one year beginning in October this year. The Martinair aircraft will be used to operate three times weekly services to Osaka and once-a-week service to Auckland. Since November 1977, SIA has been
    83 words
  • Article
    Lock icon S. Korea approves eleven projects worth $227m
    485 12 UPI KOREA on Friday approved five foreign loan Inducement projects amounting to USS64 million (*****.2 million) and six foreign Investment projects totalling $34.7 million (5579.80 million). For one loan project, the Whashln Leasing will receive Sl5 million from eight foreign banks Including Crocker
    UPI  -  485 words
  • Article
    LICENCES FOR BANKS
    62 12 ANOTHER seven banks have been granted licences to conduct business in Hongkong, bringing to 16 the number of licences granted since the governmerit announced in March that it was easing the moratorium. The seven are: Bank of Montreal, Banque de Paris et des Pays-Bas, Canadian Imperial Baak
    62 words
  • Article
    Lock icon Thumbs-up for Asian growth
    627 12 AP WITH FEW exceptions, the economies of the Far East and South Asian nations are strong and growing at good rates, says the United States Department of Commerce. Japan's growth is slower than had been expected and some Industries are operating below profitable levels, but solid
    AP  -  627 words
  • Article
    Benefits from Japan-Alaskan oil swap deal
    834 12  -  •r GERALD COLVERD AN ATTEMPT to secure a US Congress approval for the export of Alaskan oil to Japan under an exchange arrangement is being undertaken by officials of the Standard Oil Company (Ohio) which Is 52 per cent owned by the UK-based British
    834 words
  • Article
    Euroloan a last resort
    201 12 MALAYSIA would only tap the Eurocurrency market as a last resort for the country's planned US$l billion (552.3 billion) additional public expenditure this year. Bank Negara governor Tan Sri Ismail Bin Mohamed All said. With six months Eurodollar deposits trading at 9 per cent this would
    201 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      37 12 In days of When Her Was trying Rebellion In London A tavern i Had great Here did t Prince Her With clack And lots ol His sycoph The Boar's (A synonyi For food Has ofTspr (And verv
      37 words
    • Advertisement
      Page 12 Advertisements Column 2
      188 12 L f fri 9 Chip Putt golf course Floodlit Tennis courts and practice court Squash courts Swimming pool Sauna baths Clubhouse with billiards/recreation room Ardmore Park, in a splendid setting of greenery and tranquillity close to Orchard Road, is undoubtedly one of Singapore's most attractive and exclusive developments. The centrally
      188 words
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  • Article
    SHIPPING TIMES
    2785 13 SCHEDULE A guide to ships loading at Singapore for Ports around the World Th« following list tabulates, by port of destination the nam# of the ship, the shipping line involved, and the estimated dates bf arrival and departure from Singapore port. t Consortiums ScanDuUh iias a ioint «rrtiet
    2,785 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      443 13 Scan Dutch Fast and Regular Service To/From N.C. /SCAN/W.MED./AJ.K. Singapore: Tel *****, Port Kelang Tel *****1. Kuala Lumpur T o l *****. Penang: Tel ***** SHIPPING EVERGREEN LINE (EVERGREEN MARINE CORPORATION! FAR EAST/RED SEA, MEDITERRANEAN SEA EXPRESS FULL CONTAINER SERVICE HSO ACCEPTING CARGO FOR GENOA. LATTAKIA, BEIRUT, ALEIAJWMA. BENGHAZI. TRIPOLI
      443 words
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      Page 13 Advertisements Column 2
      501 13 G) Seatrain Full Container Service to USA FEEDER VSL SPORE MOTHERVSL HR MR LA CULF f/C A VESSEL 6/8 S«atram 14 8 2/9 31/8 10/9 13/9 Pnncfton V 131 A VESSEL Seatram 11/8 Luington 23/8 10/9 8 9 18 9 21'9 16/8 V 139 Full Container Service from USA MOTHER
      501 words
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      Page 13 Advertisements Column 3
      408 13 COMPANIA NAVIERA MARASIA, S.A. FUtl CONTAINERSHIP SCKVICC TO ADO FltON BARCELONA DISCHARGING LOADING BARCELONA P KELANG STORE S PORE P KELANC BARCELONA CHEVALIER VALBELLE lun* M la Part JJONTIUNC |W,II J*l» »Hl STRAITS TRANSPORTATION PTE LTD rag Jm2»w S'i« gy mm MED-AFRICA LINES REGULAR MONTHLY DIRECT SERVICE FROM SINGAPORE TO
      408 words
    • Advertisement
      Page 13 Advertisements Column 4
      471 13 p LIAN SOON SHIPPING TRADING CO (PTE) ITD ,'lu. k lot Sh( m r o*i hOuM Sif 'on sPimt Hi ..'oosii <«. lints .'?ou?o .;o:bfcS .vo4 •"*.r "CHCMTMn" M "SELAIMT DATANC M "CHCBtY MfiuS *M UN HONS' LUNA MARINA M Y CETAH KINABALU H.V. -CHCMT CHANTER" MY "CHIIMT TAI." v
      471 words
    • Advertisement
      Page 13 Advertisements Column 5
      25 13 Nedlfoyd Lines Regular Liner Services To/From All Parts of the World. Singapore Tel *****. Port Keiang Tel *****1. Kuala Lumpur Tel *****. Penang Tel *****
      25 words
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  • Page 14 Advertisements
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      Page 14 Advertisements Column 1
      554 14 Jaifl SHIPPING FULLY CONTAINERISED TO EUtOfC (CARGO TO ATLANTIC AND 6ULF PORTS VIA M4NI-LANDBRIDGE) FULLY CONTAINERISED FROM EUROPE Omub«T Haatarj Eipanl Maw Km 2 EPXRESS CONVENTIONAL FROM EUROPE B'havaa H'hurt Aaarp Rdam Cam 7m PI Waa fwj HiMmtiH 30/6 28/6 3/7 5/7 12/7 In Port 1/8 14/8 ladMmtaM 14/7 12/7
      554 words
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      Page 14 Advertisements Column 2
      717 14 a SANKYO LINE| AUSTRALIA SERVICE P. Matt Smppwt hr YUEMAN UNIT MAY SKY IN PORT MAYCARP 12/14 Aug 2/3 OWN, WIS, SYO, MEL 2/3 A«g FREM 11/IDLf MIS. SYO. MCI BANGLADESH SERVICE MAY CARP SAILED MAY BREEZE 2S/27A«( IN PORT CHITTAGON4, CHALNA 24/25 Am CHITTAGONG, CHALNA GENERAL AGENTS CONTAINER BOOKING
      717 words
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      Page 14 Advertisements Column 3
      541 14 DIRECT SERVICE TO MID-EAST RY/REEFER CONTAINER SERVICE TO DUBAL BANDA BBAS, DAMMAN. MUSCAT, DOHA,TEHRAN, ESFAHA 40TH FLOOD HONG IfONG BIDG 16 MFFIfS QU*T SINGCPORt 1 Cu?tomf Boot nf *****22 Tfrm.nji .V n "'j3 ?*****' FULLY CONTAINERISED SERVICE [J Canada/USA Pacific Cmt *Smm TK* Tin* (EAC) (EAO (MS) Vancouver 6 C
      541 words
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      Page 14 Advertisements Column 4
      795 14 Everett Lines/ Im| Burma Five Star ShiM*M Ctfpo. JBk "BURMESE NATIONAL LINE" LOADING FOR RANGOON MSMKCTWTW ta PI/2 Aaf TOMTOM 1/1 Aaf B F.S.S.C Agents in Malaysia: TEPS MALAYSIA Port Kelartf Tel (38) 7355 Penanf Tel. *****/***** Compania Argentina Da Wavafdow Iwtarcowtmntil S. A. C.I, f. °|UV "ARGENTINE NATIONAL LINE"
      795 words
    • Advertisement
      Page 14 Advertisements Column 5
      390 14 I \Kl)|\[ W I \ll Orient Overseas CotUcitteA. Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) ill HMMCONTAINER U« iP MEKATM 7W ORIENTAL CHIEF 1M 11/ l 19/S S SEAS MUDGE 17* 24/8 25/1 ORIENTAL RESEARCHER 3* 30/1 1/9 NEPTUNE CORAL M 12/9 14/9 CHEVALIER PAUL 12N 20 n 22-5
      390 words
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      Page 15 Advertisements Column 1
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      814 15 Scan Dutch Q EXP WES NTINENT/SCANDINAVIA Fmo*< fna r. urnt VttMl I'aara U IMM a M* S #»l ELEAMHA 1/ HUMU V I I >1/1 11/ I S/ I FUKIIU 11/1 MM U/0 H/» H/« I/I VI EUIMM I*/ I Ml. KilIU tU I VI VI 11/ t 11/ I
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      390 15 GUTHRIE BOUSTEAD THE BANK LINE LTD imk m l t s. ma n S!ZT mm&m un i wn «w Penanf hwi r bun S'H" V I P Kelaa| I/O Mi Sp« IVII EXPtESS S£IVIC( MKT Ftm SMkAPNE 110 MLLutt, mmu, wmsm. Uiiam. aia uxsrm cmm n» mmm. mamu. »«mi. m
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      Page 16 Advertisements Column 1
      875 16 I K LINE KAWASAKI KISEN KAISHA. LTD to nmon S'aore P. Kelang L.Havrt H'bgrg Bremen R'dam A'we h ROM CONTAINERIIW SAn •An 25 An 27 taf 21 «n 29 I* 11 ft MERCAIOR 71 11 Ai( 12 «n 31 An 2 Sept 3 Sc»C 4 Stpt IS* ORIENTAL CHIEF 11V
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      1076 16 E. C.-U. S. A. ATLANTIC/GOLF SERVICE ucifrim rtwa cotmbs ma rrat r KIUX raw Lit,m far: Norfolk, new tm. raltimore, m« mums, ndmton Singwor* P. Kaiaag Mttm Ptaaaf "A VESSEL" E.C./GREAT LAKES SERVICE UaOtaf tar: MRFOU, MV YORK, Ilium. IMWH UTMU. liwrr, CM CAM Nw| Belawa* P. Ktlanf •n. WIST
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      1096 16 te, NOL NEPTUNE ORIENT LINES LTD •FULLY CONTAINERISED SERVICES: n EMK (VU SUfi* NONCIOM CMTAiKI* kEKATM ORIENTAL CtIEF sew* SUS MINE MIENTAL RESEARCHER KPTME CORAL m CONTAIHCI S>tn *M msab cM la I S pore P Kelanj Shamptoo H'tar| Btm. iEi i»I nAn 11 12 An aAn lite 1) km
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      595 16 MAI+YSIAN HTtntHATtONAI SUPPING CORPORATION BCHMAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANOINAVIA vest mm-. FttOtr Kelanf Vm*l J> FBANCdCA l«M M LAMIA V ELI AMU V* fiancesca 11/ w (utMu 19/ 9 mi. uinu 12/ 1 nuwnci t nruu n/1 *>are 1) Mie.ilet aMw 3) Mkarf CkW| EXPRESS CONVENTIONAL SERVICE TO
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      744 16 INTRASEfI (PTE) LTD KMUI INBtPtMBCNT SOM/FIU. CMtTAINEI SERVICE Tl EBMPE P- Ml»| PtftMt LMtiflß Mr: HNIM Ml 2 fCntr «M) I IfWri/rM/m tu mam ian mi s»m mm m atlamtic tuirmt w*i« iam ihs i a mbasia mis MAM 21 AM m -AtcMm IkM ■VI tar mam n tntmtmm t
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