The Business Times, 20 September 1978
1978-09-20
1
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The Business Times
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Title Section10 1978-09-20 1 BUSINESS TIMES M.C.(P) No. 218/1/78 WEDNESDAY, SEPTEMBER 20, 1978 SOCENTS10 words
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BRIEFLY...
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Article74 1978-09-20 1 Reuter MANILA, Tues. Vietnamese Premier Pham Van Dong said here today that achieving the desired zone of peace, prosperity, independence and stability in South-east Asia could take a long time but all countries concerned should work together to reach the same objective. He pledged to work withReuter - 74 words
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Article78 1978-09-20 1 AFP KUALA LUMPUR, Tues.— Japan is to make an all out effort to bring about effective transfer of technology to Malaysia through arrangements to bring in more technical experts. Minister of Labour and Manpower Richard Ho, after a courtesy call by Japanese Ambassador Elklchl Hara, said MalaysiaAFP - 78 words
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Article90 1978-09-20 1 AFP TAIPEI, Tues.— Taiwan Is planning to set up an Industrial estate In northern Hslnchu to attract local and foreign capital and know-how so as to develop sophisticated Industrial technologies. The estate will provide sites for the establishment of factories in the energy, petrochemical, pharmaceutical, electric, electronic andAFP - 90 words
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Article94 1978-09-20 1 Reuter KUALA LUMPUR, Tues Malaysia is working with other Asean partners to press for a global approach to stabilise the export earnings from commodities. Primary Industries Ministry Secretary{eneral, Tengku Tan Sri Ngah Mohamed, said oday there is a clear need for improved compensatory financing facilities to be madeReuter - 94 words
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Article67 1978-09-20 1 JAKARTA, Tues. Indonesia's economy is becoming sluggish because of decreasing state revenue, said the chairman of the Parliamentary Economic Commission Rachmat Muljomlseno. "In 1974 state revenue from oil increased by nearly 200 per cent, but last year the Increase was only 2.44>er cent. This means that the economic67 words
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Article92 1978-09-20 1 AP BRUSSELS, Tues. The European Common Market warned the United States today It will not be able to finish multilateral trade negotiations on schedule if the US Administration does not continue to hold off Its special Import tax on some subsidised European food exports. The talks in GenevaAP - 92 words
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Article71 1978-09-20 1 UPI NEW YORK, Tues. Stocks headed lower in active trading early today amid concerns that Interest rates were headed higher. Gambling stocks were under selling pressure. The Dow Jones industrial average, which lost 8.40 points yesterday, was off 2.68 points to 867.46 around 1500 GMT. It has lostUPI - 71 words
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Chief Price Changes
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Article64 1978-09-20 1 Rises Metro Hldf* 324 +4 Ken IMS 394 +2 Milan Fmilla 212 +2 UK 172 +1 Semb Shipyard 157 1 Falls OCBC 955 -35 C*C 545 -35 F4N 580 -30 Contplant Wrt« 462 -28 OUB 392 -26 Nat Iron 590 -25 M Banking 500 -20 UOB 39064 words
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Article, Illustration127 1978-09-20 1 Falls Matsushita O.C.B.C. Castle field S. Dredge M. Banking CandC Con pit Wrt P. Chem F and N S Trading SgBesl A. HI tarn (Tin) D. K era mat Esso Ord U O Bank Utd Mai ShChan Magnum Corp K. Sldlm 4 90 9.80 12.50 4.10 5.05127 words
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Article586 1978-09-20 1 A COLD draught of pseslmiia swept through the Stock Exchange of Siagapore yeeterday sendiag ■bar* price* faiiiag acroM the board. The boars took control right from tho atart of trading aad the Straite Tlmoo index of industrial counter* fell back steadily. Down 4 points at nooa,586 words
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Article731 1978-09-20 1 RONNIE LIM - By RONNIE LIM A SINGAPORE can-ma-king plant, Metal Containers, In which Lam Soon Cannery has a stake, Is venturing Into two Joint ventures here and abroad. One is a HKs4o*mllllon (Ss2o million) project In Hongkong with Lam Soon Hongkong and others to manufacture cans and731 words
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Article117 1978-09-20 1 Reuter TWO. JAPANESE construction companies have jointly won a 30 billion yen (Ss36l million) contract to reclaim land on the eastern coast of Singapore, Ohbayashl-Ouml said In Tokyo yesterday. This will be the biggest civil engineering work ever to be conducted by Japanese firms In Southeast Asia InReuter - 117 words
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Article, Illustration364 1978-09-20 1 FOOD PRICES, the major contributor to cost of llvine Increases in Singapore, moderated In August, and the Inflation rate took a sharp downturn for the month. The cost of living Index used to measure Inflation rose only 0.1 per cent In August from364 words
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295 1978-09-20 1 FEP Investments Pte Ltd (FEPIL) has successfully completed Its purchase of shares in Far Eastern Hotel Development (FEHD), owner of Hilton Hbtel which is currently In the hands of the receivers. In June, FEPIL offered to buy the shares in FEHD held by295 words
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490 1978-09-20 1 MANO SABNANI - •y MANO SABNANI THE MALAYSIAN tiger yesterday tried to shore up the sagging hanking sector In the stock market. Malayan Banking, Malaysia's largest commercial bank, pleasantly surprised Investors with Its announcement of a 51.5 per cent Jump In group attributable earnings to M490 words
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Article63 1978-09-20 1 THE United States registered a U553.26 billion ($7.5 billion) balance-of-pay-ments deficit between April and June, less than half the size of the first quarter deficit, the Commerce Department said yesterday. J Altough the April-June performance represented the eighth consecutive quarterly deficit, it was still a significant Improvement63 words
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Page 1 Advertisements
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Advertisement31 1978-09-20 1 whatever you need in menswear,get it at... MOHAN'S DEPT. STORE (PTE) LTD. 321. Orchard Road "W *****22 inw to Mandarin now Branch: 101, Ihngftn Shopping Cantiv fM *****40 Daily :9am-9 pm31 words
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Advertisement66 1978-09-20 1 BIRKART FREIGHT NEWS LCL AND FCL CONSOLIDATION SERVICES FROM SINGAPORE KUALA LUMPUR 4 PENANG to HAMBURG ROTTERDAM SOUTHAMPTON LONDON HONGKONG AUSTRALIA SIMPLIFY YOUR EXPORT ARRANGEMENTS AND SAVE COSTS For rotes and further details contact: Birkart Southeastatia Pti. Ltd. Suite 1004, CPF Building y 79 Robinson Rood, Singapore-1 Tel: *****66 (666 words
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Advertisement56 1978-09-20 1 lH<l PtH I mm SHIPPING TIMES NIPPON R«kkl fliii ENBX Aafta 78 pt pud ikow HELPING iMm to be FORUM m BrsaU wttk Tu JACK CM* atm alMps M THE wtlM MAS i MORE sjßdieatod la MEMOPAD X CROSSWORDS t, AIRCRAFT SCHEDULE TV I RADIO ft. BRISTOW 7. STRAWS Of56 words
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Advertisement288 1978-09-20 1 Cool hmfthy pollution !m* driving with ▲mAßuenu COOL. /MASTER .CAR AIR CONDITIONER 5-11 QOLDHILL PLAZA. SINGAPORE 11 TEL. *****2 240. LAVENDER STREET SINGAPORE 12 TEL 2SMMO The Olivetti Copfa 405 copies anything crisply in only 4 seconds. It has built-in extras that are unique. Olivetti's beautiful compact, desk-top Copia 405288 words
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TRADE AND INDUSTRY
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434 1978-09-20 2 FOO CHOY PENG - By FOO CHOY PENG A JAPANESE manufacturer of automotive and consumer audio products has set up a manufacturing plant here to boost Its declining international exports. The appreciation of the ri more than 50 per cent the last year coupled with the escalating wage434 words
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Article87 1978-09-20 2 Reuter HONGKONG'S domestic exports for the first seven months of this year Increased by 9 per cent to HK$2l billion 5510.5 billion) compared with the same period last year. According to official trade figures, Imports Increased by 20 per cent to HK533.3 billion while re- exportsReuter - 87 words
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174 1978-09-20 2 THE Malaysia* PiM Industrial DtTtUpatil AMIwHj (FVU) rssdjssd 233 to wubUih ud apud pw|ssts to Um tint six bmoUm of this yosr. h Um mm jMiot tost yssr, ths •■tkority r«eciTtd SSI IMb applies(ton. Ths FMs newsletter, Inttosrl Perusahaaa.-asid 138 of the spphssri—■ —Iwt this174 words
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Article461 1978-09-20 2 TSANG SAU YIN - •y TSANG SAU YIN ENEX Asia will open this year on an even grander scale than the first one held In 1976. A massive $10 million worth of electrical and electronic goods will be dlsplayed at the Hyatt Convention Centre from Nov 6461 words
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Article124 1978-09-20 2 Reuter THAI rubber exports during the first eight months of this year Increased to 313,273 tonnes, from 298,180 tonnes during the corresponding period of last year. The Bank of Thailand yesterday reported that rubber exports In August Increased to 33,850 tonnes from 31,000 tonnes during the previousReuter - 124 words
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364 1978-09-20 2 UPI MANILA'S top hotels will Increase their rates within the next six months by 10 to 20 per cent, Industry sources said yesterday. The sources said a recent 10 per cent government tax on hotel rates, rising costs, inflation and added employeeUPI - 364 words
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262 1978-09-20 2 ONE OF the highlights of the 10-day German book exhibition "East-West dialogue in German books" is a workshop on book design and production. The three-day teach-in session Is currently held at the Hyatt Singapore Hotel and will end tomorrow. The workshop director, Mr. Walter262 words
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Article91 1978-09-20 2 THE Department of extramural studies of the University of Singapore will hold a 12-sesslon course on "An introduction to work study" every Tuesday from Sept. 26. The lecturer will be Mr. Llm Ye# Kal, a part-time lecturer at the university. Classes will be held between 6.30 to91 words
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Article297 1978-09-20 2 COURSES AND TALKS Sept 1-Oct 6: A practical approach to computerised mgt information system (MIS), SIM. SIM Sept 5-21: Compensation and fringe benefits, Holiday Inn, P.O.D. Sept 11-22: Personnal Development Programme, Hilton, SIDO/ Consulasla Sept 18 22: Introduction to marine Insurance SITC, srrc. Sept 18-20: Regional Seminar on297 words
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Article186 1978-09-20 2 AN ASSOCIATION of four South-east Asian advertising agencies has been formed recently the name of Advertising, Marketing and Communications (AMC). The four Zee ha Associates of Hongkong, Inscore Zee ha of Jakarta, Ad Communications and Design (8) of Singapore and Asian Marketing Communications of186 words
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Article138 1978-09-20 2 THE BRITISH Building Materials Export group left Singapore yesterday with firm orders for more than $500,000 worth of building materials. Deemed a highly successful mission by the leader. Mr. David Baker, potential orders may eventually top the $5-m!lllon mark. "Some of the companies new to138 words
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Article54 1978-09-20 2 THE Insurance Institute of Singapore will holtTlts 28th annual dinner and dance on Sept 30 at the Neptune Theatre Restaurant. The Insurance Commissioner, Mr. Tan Ouan Aik, will be the guest of honour. A "Miss Insurance" beauty contest the first in the Institute's history will be held in54 words
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Page 2 Advertisements
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Advertisement101 1978-09-20 2 Who flies jumbos to Australia 14 times a week? Only Qantas fly jumbos from f W v 1 v (LJ 11 s r />; <. x L I Singapore to Sydney, Melbourne, Brisbane, Perth and Darwin. More jumbos to more cities than any other airline. They leave daily to Sydney101 words
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OVERSEAS
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791 1978-09-20 3 Reuter THE WEST German eco-" nomlc climate has brightened In the last few months though the employment situation has not changed materially. The Bundesbank, In its latest monthly, said real gross national product grew 1-1/2 per cent seasonally adjusted In the second quarter and stoodReuter - 791 words
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274 1978-09-20 3 US AVERAGE effective yields rose to 7.884 per cent for three-month bills and 7.979 per cent for six-month bills at the latest weekly auction, the Treasury reported. The rate on three-month bills was up from 7.695 per cent at the previous auction, and was274 words
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199 1978-09-20 3 BRITAIN'S Labour government this week face* the lint akirmiahea in iu battle to curb wage increase over the coming year to a maximum of 5 per cent. Prime Minister James CaUaghan, who earlier this month postponed a general election despite the difficulties his199 words
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Article494 1978-09-20 3 Reuter BRITAIN has rejected a Belgian compromise plan to define the basic unit In a new European Monetary System (EMS), officials said. Authoritative British sources said Chancellor of the Exchequer Denis Healey rejected the plan at the EEC finance ministers meeting in Brussels and will continueReuter - 494 words
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175 1978-09-20 3 THE Swiss government Is preparing a brief to Parliament proposing measures to deal with the economic problems caused by the rise of the Swiss franc. The proposals were outlined to the Cabinet yesterday by Economy Minister Fritz Honnegger who will give more details175 words
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Article72 1978-09-20 3 Reuter THE balance In French foreign trade In 1078 is precarious and the nation Is still far from achieving a structural surplus, Foreign Trade Minister Jean-Fran-cois Denlau said. France posted a 1.06 billion franc (***** million) trade deficit In August, the first since January, but still had aReuter - 72 words
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WORLD IN BRIEF
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Article566 1978-09-20 3 Agencies THE WORLD Bank announced placement of a US$35O million (SsBos million) issue of US-dollar bonds In markets outside America. The bonds, bearing an annual interest rate of 8.35 per cent, were offered to central banks, other governmental institutions and international organisations, were purchased by 66Agencies - 566 words
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465 1978-09-20 3 Reuter EIGHTEEN months after signing a spectacular steel deal with Italy designed to usher In a new era of commerce with the West, East Germany ha» run aground In Its drive to move trade away from West Germanv. This Is one mainReuter - 465 words
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Article224 1978-09-20 3 AP THE Philippines offshore oil wells will run dry after only five years of production at the announced rate of 40.000 barrels a day, the Manila Bulletin reported on Monday quoting sources in the Bureau of Energy Development. Both the government and theAP - 224 words
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704 1978-09-20 3 CONSUMER INTERVENTION AMERICAN business executives have become pessimistic about the future state of the economy. The US Conference Board, an industry-financed research group, said its measure of business confidence fell to 49 points, based on a scale of 0-100, the third quarter from704 words
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Page 3 Advertisements
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Advertisement46 1978-09-20 3 M\*\ n/.tnhpr 2. 1918» October 2,1918, tion.Tne theme news today* busmeBsmen _j:torial »ynoP* l# He ftlll ffrptl .tinai issue aflecu Smiles', their P ay (S mon» held. trade industry. SasEgSSsn@s3£ss: ssw—. «.««*"»"*'"V ffSSS SSS® S _on the feature P"*®* *****44. For lepbOM Tommy I* 6 BGSBNI§ST®§46 words
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Page 3 Miscellaneous
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Miscellaneous627 1978-09-20 3 < -11-OHE CROSSWORD CRYPTIC PUZZLE ACBOBB 1 Fruit of which Leon consumes a lot (5) 6 Dance with uncle, somewhat badly (5) 9 Costly theatrical buildings? (7) 10 Quiet, stern character (S) 11 Some worthy medicinal plant (5) 12 Does she like a gamble? (5) 13 Letters finished off and627 words
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RAW MATERIALS
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Article372 1978-09-20 4 THE Singapore market closed yesterday quietly higher with October One RBB buyer quoted at 249.50 cents/ kilo, up ope cent. China continued to be sidelined but lunctlme values were well maintained during the afternoon on sporadic upcountry demand, they added. Prices finished higher yesterday during a372 words
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Article304 1978-09-20 4 R.A.8. price* in cenu per kilo yesterday: Noon (par kilo) Close (per kilo) Buyers aeutr* Buyer* 247.29 Sellers Int. 1 R.8.8. prompt f.o.b. Int. 1 R.8.8. Oct Int. 1 R.8.8. Nor Int. 2 R.8.8. UK/Cont. Int. 3 R.8.8. UK/Cont. Int. 4 R.8.8. UK/Cont. Int. 9 R.8.8. UK/Cont. 247.00304 words
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Article97 1978-09-20 4 NOON S8R and SMR prices yesterday: *AS Oct (Con* Riiyw •tar nt Mth) November JFgwirt Mth) DfkO (cm per kg) 88R20 (1-ton pallet) 222.00 224 00N 223.00 225.OON SSR50 1J PPf ct (1-ton pallet) 220 00 222.00N 221.00 223.OON wiiisi in. SMR5CV (1-ton pallet) 254 00 2M.00N97 words
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Article80 1978-09-20 4 CIC North European ports. In US dollar per ton unless otherwise stated LONDON: UauhK Pmiiwi Malaysia 5% Ha bulk per tonne November Sumatra 5% (fa bulk September October November December January Nigeria 5% f fa bdik stg S00 sir 865 sir 82Spd Brotxi 800 sir 595 sir unq80 words
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Article31 1978-09-20 4 Rubber: Sept 19 Singapore: Oct 249.50 cents (up 1.00 cent) Malaysia: Oct 254.50 cents (up 1.25 cents) Tin: Mi 1,910 (up $15) Official offering: 120 tonnes (down 30 tonnes)31 words
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Article309 1978-09-20 4 TERMINAL cocoa opened £15 to £5 per tonne down. Turnover totalled 1,400 lots in London yesterday. The market was Initially marked lower following the trend In New York and lost further ground, up to £27 in December, under trade and commission house selling. However, mixed scaled down buying support309 words
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Article373 1978-09-20 4 PRICES for pepper sawJ while copra and coffee prices stagnated at their overnight levels on the Singapore produce market yesterday. After two weeks of price hikes of up to 990 per picul, demand for pepper slackened. Buyers withdrew after the hefty Increases. Yesterday, nominal quotes from the Singapore373 words
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Article173 1978-09-20 4 SUOAR prices yesterday eased 0.18 to 0.20 U8 cents In fairly qullet trading, with 10 lots traded against eight on Friday, dealers said. Traders were reluctant to enter the market on lack of fresh news, and were awaiting results of US House action on domestic sugar legislation later173 words
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Article190 1978-09-20 4 YARN and cotton in Honckonc dollars, ipol exgodown: Couaa Vara China: Blue Phoenix 20 s 1.800. 32's 2.000. 40 2.700, (per bale of 400 lb*.) PWea Goods China: Butterfly and Olobe brand unq. Dragon Head unq. Five Lambs urvq, Flower and Butterfly unq. Flying Gees* unq. (per piece190 words
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Article271 1978-09-20 4 TERMINAL opened £10 higher in the near September position while the rest of the board was £4 higher to unchanged. Turnover totalled 165 lots yesterday. Dealers said the market was quiet due to lack of fresh news. The steadiness of the near September position possibly reflected shortcovering prompted by271 words
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Article204 1978-09-20 4 BANGKOK rice prices yesterday: BANOKOK rice in US din per tonne fob bull BANOKOK: WMta Ua: 100 pet Ist ela» 402. 100 pet 2nd class 387,100 pet 3rd class 3*2. spct 3TT. 10 pet 352. 15 pet 347. 20 pet 342. 25 pet 332 35 pet unq. Broken: A-l204 words
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Article319 1978-09-20 4 THE Straits tin price in Penang surged another Msls per plcul to $1,910 yesterday. Market sources said prices strengthened further following the venr small supplies of tin offered by miners and a firmer London closing which encouraged strong demand. Turnover fell to 120 tonnes from 150 mainly due319 words
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Article65 1978-09-20 4 LEAD on Monday was up £1 for cash and £2 for Three Months. The afternoon market was steady li) smallscale two-way trading In London on Monday. The morning market advanced under shortcovering and some fresh buying prompted, by the trend In copper and a stock decline of 2,725 tonnes.65 words
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Article56 1978-09-20 4 ZINC on Monday was down L'l for cash and £0.5 for Three Months In London. The afternoon market was subdued although prices held steady around end morning's levels In line with the general trend but trading slow. Three Months started the pre-market at £339.5 but was trimmed to £33756 words
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Article366 1978-09-20 4 TERMINAL sugar opened £1.70 to £1.50 per tonne down from Monday's 1700 hours levels. Turnover totalled 787 lots In London yesterday. The market opened.lrregular with profit-taking and some tired liquidation following last night's kerb decline met by fresh buying and local covering. There was no fresh news but trade366 words
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Article173 1978-09-20 4 CHICAGO soybean futures fell on Monday nearly six cents late In the session but remained on the plus side to finish 3-3/4 cents a bushel higher. Brokers said it appeared selling Increased when skies cleared over Chicago, leading to liquidation by local traders. The strong early run-up was attributed173 words
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Article64 1978-09-20 4 CHICAGO wheat futures on Monday kept early gains of 2-1/4 to 1-1/2 cents a bushel In lacklustre late morning trade. The market opened higher on light commercial and commission house buy- ing in sympathy with other CBOT futures markets, where good weekend rains buoyed prices. The gains triggered local64 words
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Article354 1978-09-20 4 COPPER wire bars on Monday rose by £5 all round. The afternoon market was steady, aided by the trend at New York and the news of Inco's force majeure on copper shipments to Europe following the strike at Sudbury. Three Months closed at £764.5 per tonne. The morning pre-market354 words
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Article167 1978-09-20 4 SILVER on the LME on Monday was down 0.9 to 0.8 pence. The afternoon market was steady on covering prompted by the trend In gold and US futures with Three Months trading up to 292.7 pence. Prices were lower at the outset on the morning premarket reflecting the close167 words
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Article516 1978-09-20 4 THE kllobar In Singapore opened at 8*15,481 and closed at 3815,405 yesterday. The highest and lowest of the day were $15,461 and $15,387 respectively. The market remained neglected. Spot gold for London delivery opened at U*****.00/.40 and closed lower at U*****.50/.80. The highest and lowest of the day were516 words
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MONEY AND EXCHANGE$
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Article485 1978-09-20 4 THE US dollar gained marginally on cautious trading In foreign exchange markets yesterday. Opening 190.75/85 against the Japanese yen, the dollar was thinly traded In the morning up to 190.90/00 Just before London opened. Trading In Europe however saw profit-takers bringing the dollar down to opening levels before485 words
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Article174 1978-09-20 4 Asian rates ASIAN currency deposit interbank rate* as »l close on Sept 19: US Dollar* (8p«t) Offar Bid .88/18 87/18 .8 15/18 813/18 9 1/18 815/18 3/18 91/18 9 1/2 93/8 91/2 9 3/8 .91/2 9 3/8 Sw.fo. DM. (HflMWPrioM) 1/2 31/2 5/8 39/18 .11/8 3 3/4 .11/4 3 7/8174 words
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Article15 1978-09-20 4 Euro rates LONDON Undolltr deposit* opcnuv r' < v T i pit 5MT« BCTj 9-1/2, »-M15 words
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Article21 1978-09-20 4 THE average rate at which Singapore banks are currently prepared to lead to their beat customers Is 7.25 par cent.21 words
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Article46 1978-09-20 4 RANOE of nrtces offered bv discount nouaei on s«* l». OwnUUH JH )Vt Call depodti 3SH HuN Bmyim > MUac 3-month Treasury bill 39/1# 3 7/16 3-mont Bank bills 81/2 3/8 v 3-month CD 17/8 3/4 8-month CD 7 8 7/8 Source: National Discount Co Ltd46 words
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Article38 1978-09-20 4 FRANKFURT exchange* closing quotes cm Monday: US *****/70 QUI I.WVN SU 3.666/875 on 92 02/12 I 8 FT 124.45/65 ut i.mM F FT 45.64/14 Yen 1 0387 12 B FT (00(1) 6.343/351 B Fr (fin) 37 76/8838 words
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Article233 1978-09-20 4 THE dollar yesterday gained some ground against most currencies at the opening of trading here although dealings were hesitant with few operators willing to take new initiatives, dealers said. President Carter's diplomatic success at the Camp David Mideast summit may help restore overseas confidence in the US administration and233 words
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Article239 1978-09-20 4 THE dollar on Wednesday closed weaker from Its opening levels, and In some cases below Friday's close, after a day of fairly active trading, dealers said. They said the positive reaction to the agreements reached at the Camp David Mideast summit was quickly eroded by substantial sell> lng239 words
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Article148 1978-09-20 4 THE dollar for overnight delivery closed at 190.90 yen yesterday, up from a 190.60 opening but. sharply down from 192.35 at Monday's close, dealers said. The dollar fluctuated between 190.80 and 190.90 in thin late trading, after recovering moderately from an easier opening, dealers said. The initial slump reflected148 words
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Article157 1978-09-20 4 THE US dollar firmed yesterday against major currencies In active, late trading after a fairly quiet day, dealers said. They said considerable European commercial demand pushed the dollar higher ahead of the US Senate vote on the natural gas deregulation bill. The dollar rose to a late 190.95/191.05 yen157 words
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Article56 1978-09-20 4 ZURICH exehtncM ekwlnc quote* an Monday: US 1.S7VS-MM 81« 3 0003-0940 Clui 1 3527-3644 D Mk 79 9140-80 8304 D n 73 51M-8208 r Ft 3S.M00-3tf.0342 B Ft 5 0857-0731 D Kr 29.0349-0892 NbN 2123-Mt 8 Kr 3S.07M-7Ma Ltt 9 4807-1890 Aw ach 11 0JT»-O569 Port 3.4977-48M Spain 256 words
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Article34 1978-09-20 4 AUSTRALIA/ HZ excfea lesterdftT 08 (Sir 1.1943/ 1.14M Sterling 0.9W7/ JM Ninct Stcrti y-dayair ml tx nc O.flM US din 1.1IM Ninety day forward bu Sterling O.ttSl US,dirt 1 IMS NEW ZEALAND: M34 words
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Page 4 Advertisements
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Advertisement182 1978-09-20 4 In Indonesia, Pullman Kellogg helps keep at capacity. When you're increasing a plant's production by more than 16 times its original capacity, you need a materials handling system that will help maintain production goals consistently and efficiently. Pullman Kellogg recently completed a six-year, threestage expansion n JL-qT of a giant182 words
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TRANSPORT
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Article354 1978-09-20 5 RAHIM KASSIM - •y RAHIM KASSIM THE SINGAPORE Maritime Officers' Union (SMOU) has started a rooter for its ■sombers to help them secure employment on board ships with the minimum delay. The rooter was Implsmsntsd to augment the voluntary employment register for local officers maintained by the Marine DepartMany354 words
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Article430 1978-09-20 5 Reuter FRENCH, British and German officials will meet at the end of this week to try to work out a compromise to permit British participation In the new A--310 Airbus project, French Transport Ministry sources said. They declined to specify at what level these meetings wouldReuter - 430 words
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Article, Illustration118 1978-09-20 5 Reuter FRENCH air traffic controllers voted on Monday to resume the slowdown that disrupted flights over Europe this summer. Leaders of the controllers' union are due to meet today to set a date for a work-to-rule. Informed sources said the go-slow might last from this FridayReuter - 118 words
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Article, Illustration377 1978-09-20 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Golden Bear (0600 after Yamagata Maru) 46 Golden Season (after Melkl) 45 Iwate Maru (1200 after Nile Maru) 18 Kota Bin tang (0700 after Kota Sabas) 10/11 Mlkagesan Maru (after Alexey Tolstoy) 33/34 Nedlloyd Van Dlemen (1000 3/4 Rab 1500 after Benmhor)377 words
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81 1978-09-20 5 AP FOREIGN airlines serving Mexico resumed normal operations on Monday following a strike by Mexican air traffic controllers which stranded thousands of weekend passengers. The controllers' walkout continues, a union spokesman said, but substitute controllers are handling arrivals and departures of international flights. A spokesmanAP - 81 words
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Article, Illustration206 1978-09-20 5 UPI THE INDEPENDENT British airline Laker Airways has ordered European and American aircraft and related equipment worth about t3BO million (551.66 billion) and Is considering a plan to launch a round-the-world Skytraln service. Sir Ffeddle Laker (above), chairman of Laker Airways, said his company had agreed toUPI - 206 words
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Article710 1978-09-20 5 FREIGHT rates show both decreases and increases. Net rates paid are still fluctuating due to rebates. Availability of vessels Is unstable due to heavy losses suffered by owners. Many owners prefer not to have their ships call at Southeast Asian ports because of high disbursement. More cargo710 words
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Article244 1978-09-20 5 THE PSA registered a 13 per cent Increase In cargo throughput at Its gateways in the first half compared with the same period last year. A total of 11.8 million rrelght tonnes of general and bulk cargo were recorded at Keppel Wharves, Container Terminal, Telok244 words
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Article165 1978-09-20 5 UPI SUSTAINED demand for bulkers kept Far East rates on a firm footing and Japanese charterers had to concede U553.25 per dwt to the 80.548 dwt Prlamos for four-six months trading after September delivery on sailing from Japan. South African malse rates also maintained their strength asUPI - 165 words
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Article741 1978-09-20 5 ami 1* lL8 1 Oftt vW f CAL CI 010 0155 JED TMA TL374 0630 TPE MAS MH682 0825 KCH SIA SQ101 KUL MAS MH0O7 0900 KUL MAS MH821 0020 PEN CPA CX710 1006 HLP OIA OA 980 1030 HLP THAI TO 423 1035 BKK 8IA SQ103741 words
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Page 5 Advertisements
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Advertisement96 1978-09-20 5 Eii S'-MTAT Rt it-a-Car SINGAPORE AIRPORT TEL *****5 CITY TEL 23S58SS Coll us to. you. local or onward reservations 4 t> COPYING PROBLEM SOLVER NO. 3 Reduces copy size by one half, if required Takes large size originals up to A3 Copies from edge to edge Heavy-duty copier 100% dry96 words
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Article309 1978-09-20 6 THE ELECTRONICS Industry does not lend itself to small scale production and small scale producers unless they operate at the very top end of the technology range. Singapore manufacturers m&t assuredly do not operate within that category. The three-day seminar on the electronics Industry In309 words
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Article245 1978-09-20 6 Be thankful THE LATEST inflation figures, though cheery, once again underscores the vulnerability of Singapore to external trends. When economies are mismanaged thousands of kilometres away and politicians and economists scratch their heads over a multitude of possible solutions, the cost of living in Singapore rises and falls with that245 words
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Article, Illustration1068 1978-09-20 6 JOHN LIM - PRESIDENT Ziaur of Bangladesh arrives in Singapore today to visit the country with which his has growing economic ties. JOHN LIM gives a practical, straight-to-the-point report on the potential that this labour-rich country has for Singapore investors, many of whom have already conducted1,068 words
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Article, Illustration331 1978-09-20 6 IF SINGAPORE does not move fut to take advantage of the investment prospect* in Bangladesh, others will. It may then be a little too late and the benefits possible now may have dwindled. This is the view of Mr J.M. Jumabhoy, leader of the IS-member Singapore team331 words
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Article354 1978-09-20 6 THE UNEMPLOYMENT rate in Bangladesh is high. And since the country would also like to cut down its import requirements by setting up industries at home, the present investment package offered by the Bangladesh government is bring improved to attract potential investors. The High Commission in Singapore354 words
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Page 6 Advertisements
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Advertisement269 1978-09-20 6 m. W DfftVflrilUS<s TttffflSClrtflTfOflS DAI VANUJS THE FASCINATIONS here TO fasr. nat^ KB ■>! < Sherry You don't have to pay a high price for a good Cream Sherry. pes ,;f Just don't miss them at the lon Bar white they pulsate their audience with their rhythmic sways of their269 words
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Page 6 Miscellaneous
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Miscellaneous60 1978-09-20 6 OUTLOOK for Singapore from 6 a.m. to noon today: Scattered showers Report for 24 hours prior to 7.30 pm on Sept. 19 at the airport: Maximum Temperature 32.3° C Associated Humidity 6! Minimum Temperature 24.6° C Associated Humidity 98 Hours of Sunshine 10.70 Rainfall in Millimetres Nil Total Rainfall for60 words
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Miscellaneous257 1978-09-20 6 SINGAPORE 5 3.00 PM Opening announcements followed by The Beverly Hillbillies Annul That Wedding (Repeat)* 3.30 Diary Of Events (Malay) 0 3.35 Bonanza Fallen Woman 4.20 Intermission 6.00 Opening announcements followed by Petticoat Junction Kathy Jo's First Birthday (Repeat) 6.30 News in Brief 6.35 Timang Tinggi Tinggi (MalayRepeat) 7.05 Candid257 words
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Article, Illustration813 1978-09-20 7 BANKING legislation goes through curious twists and turns on Capitol Hill. Because the industry regulation is spread out among four agencies and there are almost uncountable pressure groups, even the smallest changes can take an agonisingly long time. A good example is the813 words
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Article, Illustration830 1978-09-20 7 SUE MORROW LOCKWOOD - The Himalayan flood waters which have just devastated large areas of northern India could be producing valuable power instead. But first they have to be harnessed, reports SUE MORROW LOCKWOOD. SUE MORROW LOCKWOOD FT THE WILD flood waters thatFT - 830 words
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Article, Illustration122 1978-09-20 7 BALLET enthusiasts at Moscow's revered Boshot Theatre can have the aesthetic leaps and bounds of athletic dancers without the unpleasant thumping as dancers and audience come back down to earth with a bang. Swedish flooring specialists will deliver 1,600 square metres of plastic flooring to the122 words
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1093 1978-09-20 7 JOHN TAN - [POBUMi ...on Brazil •y JOHN TAN IF THERE is any one thing which cannot be done In Brazil, it Is to characterise this country. Brazil Is a land of diversity, of contrasts, of colour, of green Jungles, of laughter, of hard1,093 words
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Page 7 Advertisements
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Advertisement347 1978-09-20 7 V New Japanese Restaurant Kl KU^| serving authentic Japanese food "leppan Yikki *Tempiira Shashimi *Sukivaki *ShabuShabu KIKU JAPANESE RESTAURANT ORCHID INN Tel *****2 214. Dunearp Rpad. Singapore 11 Enchanted evenings in fine European tradition. Mirabelle i fif T All the ingredients for an enchanted evening are here at Mirabelle. Romantit347 words
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Page 7 Miscellaneous
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Miscellaneous67 1978-09-20 7 BIUtCW i^dcDidoenS ujett.ecisTou) \TO &lpo\ >fou muceo me into coping ib th€. this is J gwneg Puepispnt.... Xv Tne LUSM Gfc&fcN OF THC SRWS WPrtly? SHinvryeeiMG in "THC. Sunlight... .Cbßlv BIoSSOTOS NO dong in TH& &cee.ie f»tt*\ALS frisking HlTnej? THITv-teJ? v UOVg. TH£ SkGMTS OF SPQ rP c ss i>67 words
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INTERNATIONAL STOCKS MARKETS
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Article475 1978-09-20 8 EUROPEAN MARKETS MILAN stocks closed sharply higher In very active trading on Monday. Flat. Italcementl. Flnslder. Italslder and Benl Stablll led gainers, but chemicals were weak, with Lluqulgas privileged falling sharply and Montedison. NIC and Snla Vlscosa all lower Bonds were quietly mixed. Belgian share prices, however,475 words
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Article104 1978-09-20 8 SEPT IN Lire- Anic 116 -10 25 Ann' x' Gen ***** 1050 Aistogi 730 -18 Centrale 5335 146 1- lat 2661 120 ,u 'Pmslder 209 19 Ot-n Irnniob 93 1 IHPrl 2790 122 Halcementi ***** 2550 a.Ualttus 818 +8 Jlalslder 448 50 +24.5 M.igneti M PI 550 +22 5104 words
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Article101 1978-09-20 8 8KPT IH Frs >/- FORWARD MARKET Acer 470 20 Arbed 2485 +65 Astur 760 -40 Bravan 490 unch Hru-Lumh 1625 +5 650 -2 ,.C«H R 487 -3 pe Beers 238 -1 Ehes 2315 unch fleet robel 6850 unch Ob-Inno-Bm 2390 -30 Ciev 1500 40 'Hobok 2780 -20 Tetro 3885101 words
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Article220 1978-09-20 8 HKPT IN Dm Aef-Telefunken 83.30 -0.6 Akzo 30 90 +0.6 AilzLeben 715 5 523 -2 139 60 -0.4 BayHTWbank 292 50B Bay Vbank 337 50 -2.5 Bayer 142 unch ape 300 -5 BMW 232 5.5 (*;issella 411 1 1 hem Verw 286xr -3.5 (.ommerzbank 229 60 -0.5 Conti Gummi220 words
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Article282 1978-09-20 8 SEPT 1* Frs CORBEILLE Air-Liquide 347 -2 9 HSN Gervais IXinone 532 -a CSFlThomsonC*f> 330 -3 Cie Francaise des Pet roles 128 10 +0.3 Compagnie Financlere Compagnie Generate 389 unch Credit Foncler De France 385 50 -2 Hurhette (Libralrle) 255 1 Machines Bull 54 15 ♦0.65 Mirhelin(B) 1320 -30282 words
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Article186 1978-09-20 8 SEPT IS Francs Actions Sulsses 268 I AlusulsseBr 1075 -35 Alusuisse Reg. 482 -13 Brown Bovert Br 1580 -30 Ciba Gelgy Br 960 unch Ciba Gelgy PC 720 unch Ciba Gelgy Reg 565 -1 Credit Suisse Br 2270 -i Credit Suisse Reg 437 unch Elektrowatt Br 1925 -5 George186 words
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Article239 1978-09-20 8 SEPT IK FlS ABN 390 00 unch Ahold 115 80 1.3 Akio 33.70 +0.2 AMEV 93 00 -0 5 Amfas 114 20 ■18 Amrot Bank 84 80 -0 1 Bergoss 86 80 -0 9 Berk 99 SO 1 Bols 78 80 01 Borsumi) 170 50 -0 5 Burhmann 74239 words
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Article311 1978-09-20 8 SETT I* Rand INDUSTRIALS A Alpha 122 -3 Abercom 200 unch AE And CI 330 unch AMIC Barlows *32 •13 C*Sugar 525 25 CNA 195B unch CurrK Finance 92 -3 De Beers Ind 1250B Edron 2aoxd •10 Edgars 3400Sxd— Eveready 205 unch Fed Vol It 200 -5 Fuglt 95311 words
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Article248 1978-09-20 8 SHARE prices closed lower In active trading on Monday The composite Index was off more than B*2 points with declines In 10 of Its 14 component groups SEPT IK Ct Abillbi 17* -S Alcan 3S Algoma 24* unch Bank Mont 24 Bank Nova Srolta 21'* unch Bell Tel 61'<.248 words
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Article608 1978-09-20 8 TOKYO THE market was bearish yesterday, centring on forerunning pharmaceutical and food Issues, since Investors remained on the sidelines owing to the sharp lncreaae In margin debt during the past few weeks. However, nonmargin and Incentive-backed issues were selectively bought. In the morning session, medium-sized Incentivebacked issues such608 words
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Article356 1978-09-20 8 PRICES fell right from the start yesterday morning following higher US Interest rates and the fear of large rises In HK rates In the near future. Hang Seng index 623 78-18 84 Turnover: HK*****2 million Source: SHK Sec SEPT If HKS Amal Rubber 240 -0 15 Associated Hotels 3356 words
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Article241 1978-09-20 8 SEPT It Onu INDUSTRIALS A.C.I. 183 •k. A N I. 170 unch A P M -2 Ampol Pft 87 unch B H P 834 -12 Bank NSW IS Boral unch Brambles 2 C B A. 278 3 C.S.R 376 Coal Allied 470 unch Dun lop 147 +2 Ex Ind241 words
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Article208 1978-09-20 8 Bangkok Bank 370 unch Bank of AyudhavaLtd 260 -4 Thai Danu unq Thai Farmers Bank 352 unch Thai ommerctal Bank 700 4-6 Bangkok Metropolitan Bank General Finance unq 302 Bangkok 31S ♦6 Investment First Trust 298 10 Raja Finance 1.200 10 Lee Kwang Ming Trust 207 unch Thai Insurance208 words
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Article112 1978-09-20 8 8 KPT 1* Peso* Aco)* Mining 0105 ♦0 0007 Atlas Con A Atlas Con B 23 20 11 Baguio Oold 013 ♦0 0015 BenguetCon B BF Goodrich 37 50 unch 23 50 ♦OS CDCP 29 50 1.5 Inco B Landoll .0175 ♦0 0005 Lepanto B 2850 ♦0 015 Marlnduque112 words
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Article63 1978-09-20 8 FINANCIAL TIMES INDUSTRIALS Monday 530.8 Friday 530.4 Week Ago 524.3 DOW JONES AVERAGE INDUSTRIALS Monday 870.15 Friday 878.55 Week Ago 907.74 LONDON DOLLAR PREMIUM Monday 954 to 96 Friday 95* to 95* H.K. HANG SENG Tuesday 623.78 Monday closed Week Ago 689.31 SYDNEY INDUSTRIALS Tuesday 472.51 Monday 472.8163 words
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Article2000 1978-09-20 8 September 18 CHICAGO Board Option* Exchange volume expanded to 179,332 contracts on Monday from 131,025 last Friday. OPTIONS OCT JAN APL STOCK Alcoa Alcoa Alcoa Am Tel Am Tel Am Tel All R AUR AUR Avon Avon-P Avon Avon-P Avon Avon-P Avon Avon-P Bank Am Bank Am2,000 words
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Article1191 1978-09-20 8 NEW YORK BTOCKS pushed tower for a fifth session In moderately active trading on Monday as progress at the Camp David summit briefly offset Interest rate concerns. The market moved higher In the first hour but soon turned lower. Pew details of the agreements at Camp David1,191 words
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Page 8 Advertisements
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Advertisement159 1978-09-20 8 We can open more doors for you than any other Canadian bank K* v jM 1 -r~V »-v. Open the door of Canadian Imperial Bank of Commerce in Singapore and you have over 1700 branches open to you in Canada. What's more, as well as having the largest network of159 words
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INTERNATIONAL COMPANY NEWS
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Article1779 1978-09-20 9 N.AMERICAN FT MR VICTOR Rice a 37-year-old Englishman whose forma) education ended at 16 when he left Barnet Abbey grammar school In Essex for an office Job with Ford at Dagenham stood outside the door to the boardroom of Massey-Fer-guson the most international of theFT - 1,779 words
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396 1978-09-20 9 EUROPEAN FT THE WEST GERMAN company, Uhde, a whollyowned subsidiary of signed a contract worth an estimated DM 200 million to build a plant in the Soviet Union to make polyester granolate, the base product In polyester fibre and filament production. The plant IsFT - 396 words
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Article378 1978-09-20 9 OLIVETTI FLANS to increase its capital early next year, following the success of its recent L4O billion rights issue. Part of the new capital operation is Intended for those major shareholders in the office equipment firm who failed to take up their quota during the378 words
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Article219 1978-09-20 9 Reuter LEYLAND Vehicles Ltd, the British Leyland Ltd subsidiary making trucks, buses and tractors, told union leaders that Its striking Bathgate plant In west Lothian will lose a £32 million Investment programme scheduled over the next five years due to recent industrial disputes. A Leyland official saidReuter - 219 words
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Article189 1978-09-20 9 OGEM. the Dutch-based International trading and construction company, reports a first-half net profit of F1 13.5 million, which is up 22 per cent on the same period of last year. The board expects the year's net profit to be "substantially up" on the 1977189 words
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Article212 1978-09-20 9 UNLIKE many Japanese companies which have decided to pass their Interim dividends, Toray Is to make a payment for the first hair of the current fiscal year. This is W spite of the fact that it operates in the recession-hit synthetic fibres industry. "THe company212 words
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Article117 1978-09-20 9 Reuter THE KIRBY No One well in the Cooper Basin flowed about 113,000 cu metres of gas a day in a drill stem test of the interval between 3,250 to 3,265 metres before gradually decreasing to a 838,200 cu metres a day rate after 147 minutes.Reuter - 117 words
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915 1978-09-20 9 Washington Star WHEN the Borden Oo.'s quarterly dividend pheqtn went out early this month, it wasn't alone In the envelope. Accompanying the dividend which was increased In June from 39 to 43 US cents a share was Borden's annual cheese offer to,Washington Star - 915 words
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520 1978-09-20 9 ASIAN FT SONY CORPORATION announced a new third quarter sales record for the three months ended July 31 as well as an increase In net Income over last year's level. The company admitted, however, that accounting factors connected with the translation Into yenFT - 520 words
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237 1978-09-20 9 MITSUBISHI ELECTRIC Corporation expects Its first half profit before-tax and special items In the period ending Sept 30 to rtse to. between Y9.70 billion and Y9.80 billion from Y8.53 billion in the same period last year. First half sales are forecast to rise to about237 words
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115 1978-09-20 9 AFP AMHERST Financial Group Ltd (AFO) has been established in Hongkong as the head office for all Amherst activities throughout South-east Asia. Its managing director, Mr. Btephen Bmlth, said AFO has opened' a whollyowned merchant **"*ing institution, Amford Pacific Ltd, In Hongkong. TheAFP - 115 words
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Article149 1978-09-20 9 Reuter DIRECTORS of NCR Corp has approved the proposed acquisition of Quantor Corp by NCR. Under terms of the proposed acqulstlon, NCR will pay holders of Quantor common stock US$3 per share in cash. Holders of Quantor's series A perferred stock would receive In cashReuter - 149 words
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Article, Illustration121 1978-09-20 9 BoA MAN ON-THE-SPOT IN HK BANK OF America has announced the appointment of Mr. William R. Selts (above) as assistant vicepresident to head Its International trust department representative office in Hongkong. Mr. Seltz Is a graduate of the University of Virginia and the University of Virginia School of Law, and121 words
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Article68 1978-09-20 9 THE U8 Federal Trade Commission said Bridgestone Tire Co of America, a wholly-owned subsidiary of Bridgestone Ltd, Japan, consented to a civil comBlalnt and agreed to pay a Ssloo,ooo penalty. In the complaint, which Bridgestone did not admit to, the commission challenged the company's advertising which68 words
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Article27 1978-09-20 9 Reuter TORONTO Dominion Bank said it raised Its quarterly dividend three cents to Canadian 24 cents a share, payable Oct 27, record Sept 2®. ReuterReuter - 27 words
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Page 9 Advertisements
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Advertisement40 1978-09-20 9 a division of r 6 helping .1 people the world over succeed with computers Let us help you, write or call: f Pertdn- Elmer Data Systems (Far East) Private Limited 30th Floor. UC Building, Shenton Way, Singapore 1. Tel *****4940 words
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DEALS DONE ON THE SES AND KLSE
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Article1381 1978-09-20 10 BID and oife priess aHekli MM and harness In and reported to the Stock fachangs ot Haaprt yeeterday «ni> Um number ofsbarss traded shown in brackets in lots of 1,000 antu anlsss otbsrvtss specUMd. AH TUas Bsttlsaiait Ofim an quoUd altar UM word "astt." Big Board daal (In1,381 words
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Article63 1978-09-20 10 4 3/4* 15/9/80 250.000) (99.978 100.058) 5 3/4% T F IWBI-64 250.000) (102.358) 1% 7 1/4* 15/4/86 250,000) (100 758) 7 1/4* 15/10/86 250,000) (100.75B) 7 1/4% 1/5/67 (250,000) (100.70B) 4 1/2* T P IJ/VB7 (250.000) (100.408 100.558) 6 1/4% T P lV4ftl (250,000) (100.308 100.508) 1/4% T63 words
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Article2389 1978-09-20 10 O's Gr'» Net mi i* LoW Company Last Sale +«rDtw Dtr Crr Yld P/E Vol <'888) Day Hick Law flBCTIONONB nnumaiiii fc n%•+17t»-~ 2ir~jjti: 27t 32V 24»-w» 800 132 123* 112 133 196* 00* 182 173* 140* 258 Ac ma Alcom Al bed Choc BAT Bate Ben2,389 words
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Article138 1978-09-20 10 SINGAPORE UNIT TBU ST INCOME BOND UNIT (Maaafar*' prises tm 8a»t (Cm i prises) The Commerce a.M 2 51 INOOME BOND IM 141 The SiTlni Fund 1.47 lis 8 1 pore Pro® Fund 8 8'port Invest Fund 1M 11 tad MAKA BUMIFUTBA FUND (Miss—■' prices far MH *>138 words
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Article1836 1978-09-20 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets tn lots of 1,000 units unless otherwise specified. INDUSTRIALS AJtnamate (9.948). AMmi (9.100) (9) tM OP•M Ml M (O.7PM |M)1,836 words
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Article, Illustration666 1978-09-20 10 IN the absence of bullish developments, share prices continued their slide on the Stock Exchange of Singapore yesterday. Hie market sponod weak as it picked up when it Ml off the previous day. But it steadied towards the midmorning break only to collapse again on666 words
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706 1978-09-20 10 THE downward trend continued on the Kuala Lumpur stock market yesterday as It came under another round of setting and profit-taking. With sentiment still dampened, following Monday's declines, opening prices were below overnight levels. Early attempts were made at rallying, but prices generally706 words
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COMPANY NEWS
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Article218 1978-09-20 11 EBUW UIWKUUB THE KLSE has advised members that an additional 38,017 ordinary shares of $1 each of the Development Bank of Singapore wlil be listed and Juoted from 10 a.m. on ept. 20. The shares arise from the conversion of US$B7,OOO of DBS's 6.5 per cent Convertible218 words
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LATEST RESULTS
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Article21 1978-09-20 11 Pre-tax profit for six months ended June 30 $10.94 million ($8.33 million). Sales $137.64 million ($86.65 million).21 words
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Article21 1978-09-20 11 Pre- tax profit for six months ended June 30 $4.21 million ($6.37 million). Sales, $40.88 million ($40.17 million).21 words
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Article28 1978-09-20 11 Unaudited net profit for the half-year ended June 30, 1978 $3,219,000 ($3,866,000). Interim dividend of five cents per $1 stock less 40 per cent tax.28 words
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Article28 1978-09-20 11 Unaudited group pre-tax profit for the half-year ended June 30 1978 $6,864,000 ($14,952,000). Company pretax profit for the half-year ended June 30, 1978: $6,406,000 ($14,408,000).28 words
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Article61 1978-09-20 11 unaudited group net profit M 57,96 million ($5.27 million) for the half-year ended July 31. Parent company net profit $1.06 million ($930,000). Interim dividend 61j5 cents gross payable Nov tp shareholders registered Oct 31. Last year, company paid 70-cent dividend comprising 25 cents paid In November61 words
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Article432 1978-09-20 11 Current Ex Books Date Total for Total for payment Date close payable the year previous year Bats 6%I Aug 17 AUk'29 Sept 25 6% 18% Highlands and 20% 50% Lowlands 20% I Sept6 Sept 16 Sept 20 Per lis Plant 12%%I Aug 30 Sept 12 Sept 25 12%%432 words
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Article151 1978-09-20 11 Company Particulars Ex Data Books Close Roth mans Bonus issue of 1 for 4 Oct 18 Oct 28 Carlsberg Bonus issue of 1 for 2 Oct 18 Oct 28 TmtM Bonus Issue of one for 6 Oct 8 Oct 18 MiUa Kmilla Bonus Issue of 1 for 4151 words
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Article221 1978-09-20 11 SELANGOR DREDGING Berhad: AGM to be held at Wisma Teh Wan Sang, 2nd Floor, 12-B, Jalan Bandar, Kuala Lumpur, at 11.00 a.m. on Sept. 20. Malayawsta Steel Berhad: AGM to be held at the Negara Room, 2nd Floor, Kuala Lumpur Hilton, Jalan Sultan Ismail, Kuala Lumpur at 11.00221 words
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Article, Illustration352 1978-09-20 11 LOW LEE CHOO - ly LOW LEE CHOO DESPITE keen competition and unfavourable market conditions faced by most Malaysian textile companies, Talplng Textiles strode firmly ahead at the Interim stage with sharply Improved profits and Is set to enjoy higher earnings growth this year. Unaudited pre-tax profit for352 words
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Article, Illustration829 1978-09-20 11 MANO SABNANI - By MANO SABNANI EVEN the clock stood still at the Shangri-La Hotel last Saturday as an overexutierant shareholder of Jack Chla-MPH bestowed generous accolades on the chairman, Mr. Jack Chla. It was suggested that Mr. Chla should be conferred the title of "Tan829 words
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Page 11 Advertisements
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Advertisement149 1978-09-20 11 Salesnei: Get more resilts! CLOSE MORE SALES DEVELOP PROFESSIONAL SELLING SKILLS MAKE MORE MONEY The Dale Carnegie Sales Course has proved its value to professional sales people. For more than 25 years sales people in oil fields have used it to sharpen their selling skills. You learn practicol down-to-earth motivational149 words
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Advertisement125 1978-09-20 11 LONDON FRANKFURT (DUBAI SINGAPORE KUALA I BANGKOK LUMPUR V b JAKARTA TOKYO SYDNEY 0 > 0 OUR WIDER HORIZONS As a group of companies supplying a diversified range of p r oducts and services to both domestic and overseas markets. UMW reauires Those vital insights into the latest trends around125 words
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584 1978-09-20 12 THE QUESTION of access to raw materials could be of much more Importance than their overall physical availability, especially In the area of tin supplies, where all the Industrial powers are dependent on Third World producers. The raw materials of the world are a584 words
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321 1978-09-20 12 13&E move by the Malaysian Mining Corporation (fl&IC) to sell tin according to- its own arrangements OjCtside the Penang tin nSftcket is probably motivate# by its attempt to find Setter price for its tin or is t&etacesult of it selling tin on forward321 words
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Article, Illustration299 1978-09-20 12 THE Malaysian government last night announced new administrative arrangements with a view to attracting private participation In the development of petroleum and petre-chemlcal industries In the country. Under the arrangement, the Ministry of Trade and Industry takes over from the state oil corporation, Petronas, the299 words
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Article, Illustration313 1978-09-20 12 COLIN CHEE - By COLIN CHEE TWO syndicated loan* totalling US$4O million (8190 million) have boon put together here for Indonesian manufacturers of scooter* and motor parts. Chartered Merchant Bankers is the lead manager and agent for the two loans. The Singapore-based merchant bank, one of the313 words
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564 1978-09-20 12 UPI AMERICAN businessmen have been urged to help cut the huge US trade deficit with Japan by being more aggressive when selling to the country. In a speech to the American Chamber of Commerce in Japan, US ambassador to Japan Mike Mansfield alsoUPI - 564 words
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671 1978-09-20 12 RONNIE LIM - By RONNIE LIM THE MONETARY Authority of Singapore's redlscountlng scheme for preexport and export bills Is Intended to benefit as many Singapore exporters as possible and to cut down their cost of production. The scheme however, Is not Intended to subsidise the exporter671 words
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773 1978-09-20 12 TSANG SAU YIN - •y TSANG SAU YIN THE FINANCIAL problems of local electronics firms begin almost as soon as the enterprise Is set up, owing to Insufficient capitalisation from the outset. This was the gist of a speech delivered by Mr. S.W. Ooh from Bestek before the773 words
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Article111 1978-09-20 12 Reuter OFFSHORE hanking units operating In the Philippines are creating a double edged financial situation that bears close monitoring, the Banoom Development Company reported in a review. The offshore banks can create a healthy cMmnSo by increasing the supply at tends and thsreflare pulling down the coot ofReuter - 111 words
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Article673 1978-09-20 12 LONDON. Tues. The market closed easier owing to light sellaand lack of Interest, dealers At 3 p.m. the Financial Times Index was down five points at S2S.B. Government bonds eased around 1/8 among short dates reflecting fears of a rise In U8 Interest rates. Oold shares firmed but'673 words
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Page 12 Advertisements
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Advertisement158 1978-09-20 12 r i mMI ,-JSilßht,, CREDIT ANALYST (Around 5538,000 pji. benefits) Our client, a well established international off-shore bank, wishes to recruit an experienced and competent Credit Analyst for its Singapore office. The Credit Analyst will report directly to the Deputy General Manager and will be responsible for credit analysis, loan158 words
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Advertisement160 1978-09-20 12 Leader Page 6 IT PAYS TO CONSULT INDCBUEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Todayiweare| quoting the, following for Singapore Dollar term deposits up to *****.000 1 month p.a. 3 months S%%pj. 6 months SS p.a. 9 months 6%p.a. 12 months 6Vfe% p.«. Savings 4%% p.a. We also160 words
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Article2674 1978-09-20 13 SCHBBULE A guide to ships loading at Singapore for Ports around the World Tlm following list tabulates, by port of Otttlnatlon the name of the ship, the shipping Unt involved, and the estimated dates of arrival and departure.from Singapore port. CtRMrtIUM SeanDateh has a Joint service arrangement with2,674 words
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Page 13 Advertisements
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Advertisement410 1978-09-20 13 DIRECT DIVERSIFIED DEPENDABLE SERVICES TO/FROM USA AND CANADA Agent* Barbar Lin** Singapore Pi# Ud T#i: ***** Harrison# CrosfMd Kuala Lumpur T#l: *****/59 P#mas-MISC P#nang T#): ***** SHIPPING I £3 SANKYO LINEI AUSTRALIA SERVICE P. KdMi Singapore Loading for. PARADISE DOOM 21/23 Sopt IN PORT SYD, MEL. ADEL TUC RIVER 30/30410 words
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Advertisement438 1978-09-20 13 n THAI MAIUN€ LfAff rtwtxfur REGULAR SCHEDULED CONTAINER FEEDER SERVICE BETWEEN SINGAPORE/ BANGKOK BANGKOK SINGAPORE HIT* UMUTV.It 17 Sep 11 Uf 22 Sep 23 Up KIT* SAMUT V 20 MS* 21 Sep 1 Od 2 Oct KITISAMUT 1.21 5 Od 7 Od II Od 11 Od IOOKIN6S/ENQUIRIES OCEAN SHIPPING 1438 words
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Advertisement310 1978-09-20 13 ALFRED C. TOEPFER GMBH .REGULAR SERVICE TO MEDITERRANEAN PORTS OF ITALY. SPAIN. FRANCE SPORE PMm( Chcharpn, Nrti at (MNOUSSUW MAIOCN BURDEKIN SHIPPING PTY LTD REGULAR SERVICE TO ANTWERP t_ U.K. ACCEPTING THROU6H BILLS Of LADING TO MAIN U.K. DESTINATIONS Dttcfcwfim P. Gtintfanf S'pwt P. AMvwp l» II Od 2} Oct310 words
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Advertisement333 1978-09-20 13 ANHSING LINE REGULAR SEMI-CONTAINER/ LINER SERVICE S'pare Plata* Panant Laadinc tor UNION lEOOAH la Pari Jaddah ANHSING 21/9 Sap* JaMah UNION ALASKA 25/27 Sapt Kaalninm/NHton UNION ADEN 5/7 Od tottah/HaMiati V* LORD STEAMSHIP CO. S.A. TAINAN /STRAITS/TAIWAN EXPRESS LINER SERVICE SPORE PKELANG PENANG TAINAN LOONCHONS ..Sailed Saitad la Part 27Sap»333 words
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Advertisement274 1978-09-20 13 %!<\_-,:+)*__<&]>{{=?\%!*;)]:-, "LOON HSING'TLIGHTER arrived 13.9.1978 at P.P. Wharf Godown No. 300 General survey on damaged cargo discharged ex the above vessel will be held on Friday 22nd September, 1978 from 9.00 a.m. to 12.00 noon. No further survey will be held after this date. STRONGWILL ENTERPRISE (PTE) LTD As General274 words
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Advertisement645 1978-09-20 14 #£Hapag-Uoyd FULLY CONTAINERISED TO EUROPE S'pwi P. WMI EXPORTS rkawa Mw UHim EXPRESS CONVENTIONAL TO EUROPE On f.U«c Na. Mm Gwm M'tarf Bluvm Mm MmH* HMmMi Sailed 21/9 13/10 9/10 20/10 26/10 16/10 18/10 BadMastei 4/10 5/10 26 10 22/10 3/11 7/11 30/10 1/11 rniiwrtw* 20/10 6/11 19/11 17/11 13/11645 words
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Advertisement472 1978-09-20 14 barber blue sea From: US ATLANTIC US GULF 1 EAST CANADA 4 u* 20/29 Oct 1/2 Oct 19/20 Oct 22/24 INm 0/9 II D<c J Net 22 Dac 1 Not 10 Ok I Dec 13 Sails SINGAPORE H oarber sue S« a Tr CANADA/USA Pacific Coot tzM 11/11 *****3/11 14-15/11472 words
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Advertisement682 1978-09-20 14 LAND U.S.A./ ASIA SERVICE MY REFRIGERATED CONTAINER SERVICE SAILING EVERT RCDNCSOAT FOR PORTS IN USA. CANADA. CARIBBEAN. JAM*. KOREA. TAIWAN HONG ROM. THAIIANO AM PHILIPPINES VESSEL VOYAGE Vessel C P S. CLOSE! Arrives/Departs 7 00 PM WORLD TIGER V 9 sept 21/22 SEPT 20 WORLD LION Y9... ..SEPT 28/29 SEPT682 words
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Advertisement1006 1978-09-20 14 Everett Lines Z Burma Five Star Shippini Corpn. 5 m "BURMESE NATIONAL LINE LOADING FOR RANGOON ll^ 1 ■H' B/ 1 B F.S.S.C. Agents in Malaysia TEPS MALAYSIA Port Kelang Tel (38) 7355 Penang Tel. *****/***** Compaq* Arfentina De \Navefacion Intercontinental S. A. C. I. F o jpJ" /'ARGENTINE NATIONAL1,006 words
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Advertisement414 1978-09-20 14 <•> I RDIM I \ll m Orient Overseas Co*d(u*tesi Line Sulou [itiimHtwi r«M u/io iJ/m £2 IS/1 11/10 23 10 25'10 in 31/10 ?/U 20/10 22/ M 7/U 9/11 2W 26/10 27/10 ij/ii 15/n £u nm 20/n 22/11 8/11 11/11 27/11 29/11 All tesstts call Bctmtrftavtn alter Hambur| 15/10 17/10414 words
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Page 15 Advertisements
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Advertisement763 1978-09-20 15 QCL Overseas Containers Limited m m H RSCi Australia Straits Container Line MNSFIOJ SSIPTINC PTE. LID. SINBAPME Tel: *****1. Mftrie iMrtntf Sltppat M Tai: (Ml. (L Teh *****1 Afeocios Sfe M. hM| Tel: *****1/3 Blue Funnel (S E A.) centaur iimui MMiinti/tan service ii/w rit bantu (irirr r urn Sails763 words
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Advertisement795 1978-09-20 15 Ben Ocean Ajomt3arjo9afßinljne.UMFlMm^<3erHmeandNSUO lENMNOI IT/11 Sept I Mt M let LeiiafS. B«Mo. iMtiMM Hull. Jeddak. BENCRUACHtN n/24 M 11 Mi Leuan. fclkaa, Amsterdam ■Ml. Tt Ml Stl MR laiitcs 11/11 act *utu. HMnUh, Men. LTCtOM 11/11 M» 4o (AcceptrM centainers Hi miUtl Off) IMM W/CMDMHT (Via MM) Sill! Europe Penanf795 words
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Advertisement685 1978-09-20 15 BEN LINE CONTAINERS LIMITED Oct W act 1J let M n M a kt m a kt n lit mn' i m TOW TMut !qmi Cit* af I-taM ri BEN ASIA CONTAINER SERVICE S kk« MllW ParanaI Yako OMM Kabt Mo|i asian pecasus a] aw ia* im> tt m it685 words
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Advertisement698 1978-09-20 15 WESTBOUND TO MED/UKf CONTINENT/SCANDINAVIA F««d*r front P KtlMf Vorrol iUUNU SiiM MTUUWI fbamcisca a/ i Ml Mirr numi mi "Ui FSAMESCA 1/11 tiUMU tUAMU 14/* MMN S sort 1) Mmillm 2) r«mi 9 Hkarg 4) Gtuir, a/* i4/ii i«/ti 11/« 4/* 12/1B a/i| 24/1B iirn a,w a/w i/ii »/ii i/ii698 words
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Advertisement472 1978-09-20 15 GUTHRIE BOUSTEAD STk THE BANK LINE LTD. LMK FN L I J. AFRICA i/ i act rtvt wu mi p. wii| ivw m» P.IKN IJ/11 a*t Sport 18/ a M-, r h jr| S'lM Mo ZM (M««ritin. I P.t., Ca<>eto«n) fc FIN Mil KIM* STWK I a nnu EXPRESS SERVICE472 words
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Page 16 Advertisements
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Advertisement602 1978-09-20 16 BfflDß (VU VKL ky CatfMwr h rpmP IMMfLNawi HTwg Breawi rta A w I PIH 12W 23 Sapt 24 Sapt 12 kt 14 let 19 to U let II ft I MS in 2»St «5» 1» to a to to a to 24 PUB. lit S M 7 let 29602 words
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Advertisement900 1978-09-20 16 U.S.A. I EAST CARAIA SERVICE ACCEPTING FOAa CMTAINEB FMN PERU*. P. HUM, {THE UM| tan MHU. Ml TMt, NAlfflX. SI. MM PrUOf Aelewao kelanf faWW vijnva hum" Ml a SCI) n/a saft i tot «/1 tot 4/1 *ct LC./GREAT LAKES SERVICE CALfFOMHA/ PACIFIC RORTU WEST SERVICE tan Ul AMCIES. IM900 words
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Advertisement738 1978-09-20 16 ay I*JL •FULLY CONTAINERISED SiIVICO: (m sao* run F. Mai SIMP(H rwi i* 5 CKvaunniu as* 24s* act mm mm 11 cacvtuaus as* as* mm a m n m a KrnMKML SM 7 M O M 27 M aM a NERCATM U let IS let 31 M 4to i M738 words
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Advertisement564 1978-09-20 16 r mum MAO4YOAH mmrntATIONAI SM**NG COHPOKAnON BSKHAO EXPRESS FULLY CONTAINERISED SERVICE Mm*. L MM. 4) Mt rm. US*ar| artwi Jl l<M «IM SUM P. KtlMf S»« UUMU MN UM MM MM taw HI I >1/1 Him ta.ki tllh< tiifai 1/ti w f If ®w Mt. MIIM* IdM taiM MM SaiM564 words
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Advertisement725 1978-09-20 16 NTRASFA (PTE) LTT RCCPIAR INKPENKNT SEMI/TBi CSrT/UNER SERVICE TQ CI Spar* P. *eta«e Pew* LartM tar nu«Tf mi a s«*t ta Part tiw 1 kt act S'kMitn'imriinf P'da*</M>irj. IMtITMK All I AMCC Mil 4 Bet 1 act t'«p» l««M MMSU «r*a 14 act II act a act t M m-wi725 words
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