The Business Times, 2 October 1978

Total Pages: 44
1 44 The Business Times
  • 10 1 BUSINESS TIMES M.C.(P) No. 2WI/78 MONDAY, OCTOBER 2, 1978 50CENTS
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  • BRIEFLY...
    • 49 1 Reuter WASHINGTON, Sun. The Senate has voted to have US negotiators remove the Issue of textile tariff reductions from the multi-lateral trade talks In Geneva. The vote came on an amendment by Ernest Hollings to a Bill authorising increased loan authority for the US Export-Import Bank.
      Reuter  -  49 words
    • 86 1 AFP BOSTON, Sun. Doctors can now forecast that a patient will be struck with cancer In a few months' time by detecting the presence of a certain chemical substance in the blood, according to a report by a Massachusetts Hospital team of researchers. The report, published in the
      AFP  -  86 words
    • 74 1 KUALA LUMPUR, Sun. Developed countries were today urged to do away with their protectionist policy as this was a constraint which hindered exports from developing countries like Malaysia. Malaysia will not make much headway In her exports if developed countries do not alter this attitude, Information Minister Datuk
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    • 69 1 Reuter LONDON, Sun. Prime Minister James Callaghan battled a revolt by powerful unions, and the leftwing of his own ruling Labour Party, against his policy of strict curbs on yearly pay rises. It posed the gravest challenge to Mr Callaghan since he took office In 1976.
      Reuter  -  69 words
    • 50 1 AP TOKYO, Sun. Nepal and China signed an agreement for construction of undisclosed projects In Peking today, China's official Hslnhua News Agency reported. Hslnhua gave no details of the agreement, which said It was signed by Nepalese Prime Minister Klrti Nldhi Bista and Chinese VicePremier Teng Hsiao-ping. AP.
      AP  -  50 words
    • 65 1 AFP MANILA, Sun. The Japanese government has finalised its seventh yen credit loan to the Philippines amounting to 32.5 billion y?n (5J364 million), Ambassador Klyohisa Mlkanagl said today. The loan, which is 50 per cent larger than the previous sixth loan of US$ll3 million (*****.25 million), is
      AFP  -  65 words
    • 82 1 Reuter BRUSSELS, Sun. Time stood still In continental Europe early today as six countries put their clocks back by one hour, reverting to winter time. International railway and airline timetables had to be adjusted In the absence of an agreement on a common central European time. Belgium, France,
      Reuter  -  82 words
    • 67 1 ORLANDO (Florida). Sun. UN secretarygeneral Kurt Waltthelm, praising President Carter's "remarkable skill and statesmanship" in the Camp David summit, called tonight on all nations to subordinate nationalistic alms to global interests. Mr. Carter's willingness to commit his high position, his time and energy to the goal of
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    • 79 1 Reuter PEKING, Sun. China's coal production was greater than called for in the first eight months of the year and profits were up and production costs down, It was announced today. The New China News Agency said output of raw coal was 17.5 per cent greater than
      Reuter  -  79 words
  • 119 1 THE following list of stocks gives the 10 most traded on the Stock Exchange of Singapore last week. It gives the turnover in i thousands of units, closing prices on Friday and the high and low for 1978. Company 1Wa«var Prices High Low '000 Sept 29 1978
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  • LOCAL STOCK INDICES
    • 72 1 SeptZS SeptIC Sept 27 Sept 18 Sept 29 tt B T. Index: 1871 25 1766.24 1840.74 1807.93 1814.38 Industrials: 368.69 361.02 362.52 365.88 361.50 Finance: 647.58 635.58 642.91 650.82 846.53 Hotels: 201.16 258.95 257.89 259.44 161.81 Properties: 237.15 234.31 234.91 237.23 236.25 t Tins: 169.68 168.86 167.42 187.30 107.M
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    • 83 1 Sept tt 8«pt36 8*1*27 Sept28 Septtt tt B T Index: 2877.50 2390.24 2549.78 2480.81 2406.08 Industrials: 400.78 301.41 303.21 306.60 306.97 FUmnce: 533.13 534.01 533 34 542.63 636.51 234.24 234.16 232.86 233.66 Hotels: 236.38 Properties: 217.23 210.00 200.48 216.06 214.66 t Tins: 178.92 178.83 175.98 176.32 1T0.<* t S
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  • 889 1  -  STRESS ON LOCAL CONTENT By RONNIE LIM SINGAPORE'S dlesel engine plant, which is also the US Cummins Engine's 19th manufacturing facility worldwide, will begin commercial production of Its 200-800 hp engines for the Asean market in mid-1980. The decision to go ahead with
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  • 177 1 AFP UPI THE SWISS National Bank yesterday announced plans to intervene directly In foreign exchanges in a bid to halt the steep rise of the Swiss franc against other international currencies. In an official statement, the bank said a series of measures had been considered to
    AFP; UPI  -  177 words
  • 50 1 Reuter A TEAM of Japanese business leaders led by Talichiro Matsuo, president of the Marubeni Corporation, today left for Bangkok to investigate areas of new Investment In Asean. The team is visiting the five Asean states at the Initiative of the Ministry of International Trade and Industry. Reuter.
    Reuter  -  50 words
  • 776 1  -  By COLIN CHEE and PETER CHIA CURRENT market Jitters should steady with the injection of $62.5 million when two bank-backed Investment companies come to the st£ck market before the end of the year. x The two new Issues are among at least four which
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  • 282 1 THE LONDON Metal Exchange (LME) will begin trading in aluminium today. The first contracts written will be for delivery on Jan 2. A decade of intermittent discussions preceded the LME's introduction of aluminium on its trading list. Hh move had met with
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  • 145 1 TODAY Business Times fs two years old. To celebrate our anniversary we have prepared a supplement on the leaders of Singapore, top men in politics, the civil service, business, commerce and the professions, as well as custodians of local culture and highlights of those people who have made
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  • 288 1  -  •y JOHN TAN LOAN DEMAND continued to expand in August, fuelled by increased financing needs of the commercial and manufacturing sectors and the higher needs of financial Institutions. As a result, money market conditions tightened further In August and early September, and the one-month Interbank
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  • Page 1 Advertisements
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    • 14 1 SHIPPING TIMES .1 ■:<!>' > (rcNi./p 'i '»> jy»' ÜBCBAVT SCHEDULE I, LEISURE 7. SHAKE PRICES M
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    • 162 1 Cool hoalthy pollutton-froe driving with JmAßuenu L COOL MASTER .CAR AIR CONDITIONER 5-11COUXILLPLAZA SINGAPORE It TEL *****2 240. LAVENOCK STREET StNOAPOfIE 11 TEL 2564 M& 25*3329 SEE BACK PAGE Col 1 How to get n n I iimt] fi the fastest way lAL TOKYO EXPRESS TOKYO 1 Singapore flight* arrive
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  • 2104 2 HARD work and pragmatic leadership have enabled Singapore to carve out for itself a unique place in the world. In the past 20 years it has become established as a healthy political and economic entity. It remains as important a trading centre as
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  • 599 2 Novosti Press ABOUT 10 or 15 years ago almost all residents of old towns In Lithuania (a constituent Soviet republic) strove to move to new residential areas. The desire was quite understandable, since new blocks of flats were built in picturesque
    Novosti Press  -  599 words
  • 310 2 COURSES AND TALKS Sept 1-Oct 6: A practical approach to computerised mgt Information system (MIS), SIM, SIM Sept 26-Oct 12: Industrial Relations, Holiday Inn. P.O.D. Oct 3: Management by objectives, Hilton, Consulasla. Oct 5-6: Mergers for managers, Hilton, Consulasla. Oct 6-28: The effective executive, SIM, SIM Oct 10-13:
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  • Page 2 Advertisements
    • 242 2 Salesmen: Get nore results! t Mjm e DEVELOP MORE SELLING CONFIDENCE. DALE CARNEOIC CLOSE MORE SALES. FoMn4OT MAKE MORE MONEY. Every aeeaion of the Date Cams<gie Saiea Count brima over with practical down-to-earth aeiling tool* that you can uaa in every caM you maka. The Couraa teachee motivational aedlng In
      242 words
  • Page 2 Miscellaneous
    • 621 2 TWO-11-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Many a brownish piece of bread (5) 6 It grows from the tribal sapling (5) 9 Kerry's dispatch workers? (7) 10 Fix the rearward parts (5) 11 Forward to one of the bosses (5) 12 Drunken gipsy rhyme (5) 13 Film a wild steer
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  • OVERSEAS
    • 742 3 NYT WESTERN companies on the Arab boycott list are venturing quietly into Egypt in hopes of establishing a beachhead in the same countries which banned them because of their commercial links with Israel. Cairo, in a position paralleling its peace talks with Israel, has discreetly
      NYT  -  742 words
    • 501 3 Reuter THE BRITISH government bond market Is generally expected to show little change over the immediate term, although the downside potential appears greater at present. The market has lost nearly one point in short-dated bonds over the week under the impact of rising
      Reuter  -  501 words
    • 318 3 AFP A FLOOD of Japanese investment into Canada's west coast fishing industry in recent years could eventually cost Canadians control of the Cs36o-mlllion (Ss72o million) fisheries. The warning is contained in an analysis of foreign investment by an economist with the Fisheries
      AFP  -  318 words
    • 407 3 Washington Star THE CARTER Administration has lifted its objection to almost US$3OO million (SS69O million) in export financing aid for Argentina in anticipation of human rights improvements in the South American nation. The administration blocked low-interest credit to Argentina on July 17 on
      Washington Star  -  407 words
    • 261 3 Reuter THE last anti-dumping suit against cut-rate steel imports was dropped on Friday when Armco, the nation's third largest producer, withdrew its complaint against Britain. Armco took the action, at a time when American steel makers are growing impatient for more effective government relief
      Reuter  -  261 words
    • 119 3 AP THE COUNCIL of the International Sugar Organisation met in London on Friday and decided to extend the deadliMk for United State* ratification of the International Sugar Agreement until the end of the year. This was the second deadline accorded to America, the world's largest importer
      AP  -  119 words
    • 1261 3 Reuter THE FAILURE of Britain or Italy to enter the European monetary system could create almost Insurmountable problems In establishing the proposed system, central banking sources in Washington said. Studies about the system have been initiated by German Chancellor Helmut Schmidt and French President
      Reuter  -  1,261 words
    • 118 3 Reuter THE WORLD S food outlook appears to be improving. according to a report by the UN Food and Agriculture Organisation (FAO). But some countries still face extremely serious difficulties. The Rome-based organisation estimated output of wheat and coarse grains in 1978 at 1.1 billion tonnes.
      Reuter  -  118 words
    • WORLD IN BRIEF
      • 525 3 Agencies JAPAN yesterday became the 19th member of the Patent cooperation treaty. Japan signed the pact on June 19. 1970 and deposited the ratification with the Geneva-based World Intellectural Property Organisation (WIOP) on July 1. The treaty is aimed at simplifying the formalities involved in international
        Agencies  -  525 words
  • Page 3 Advertisements
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  • RAW MATERIALS
    • 299 4 RUBBER futures in London on Friday closed about steady, mostly 0.10 pence down to 0.20 pence per kilo up from Thursday. Turnover was one lot of five tonnes and 187 lots of 15 tonnes including seven kerb trades which also included three options. In the morning, the market
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    • 293 4 CHINESE Produce Exchange, Singapore noon closing prices per plcul on Saturday: Coconut oil: Bulk 593 sellers, old drum S9B sellers, new drum $103 sellers. (•pra: Mixed (loose) UK/Cont $64 buyers. Pepper: Muntok ASTA white f.O.b. 100% NLW $347.50 sellers. Sarawak white fob 96% NLW *330 sellers. Sarawak special
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    • 222 4 SUGAR futures in London on Friday moved up fairly sharply in the afternoon partly geared to the day's closing out operations in the New York October spot position. Dealers said trade and chart support was Jointly featured. The market finished at or near the day's highs with on-balance gains
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    • 174 4 THE STRAITS tin price in Penang on Saturday dropped a further MSIS to 5i,845 per picul. The official offering rose 70 tonnes to 260 tonnes, the highest for the week with Thursday's turnover of 133 tonnes the lowest. Saturday's tin price of 5i,845 was the lowest reached last
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    • 234 4 BANGKOK rice prices were quoted as follows on Saturday: (In US dollars per tonne, F. 0.8. basis Bangkok) White Ricr: 100 pet Ist class 402.100 pet 2nd class 387.100 pet 3rd class 382. 5 pit 377 10 pet 352. 15 pet 347. 20 pet 342. 25 pel 332. 35
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    • 61 4 LEAD ended the day £0.25 per tonne down for cash and £0.50 lower for Three Months in London on Friday. Values rallied from lower morning levels on light fresh buying and shortcovering in a rather thin and featureless market. In the morning, prices had eased under profittaking and on
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    • 349 4 ROBUSTA futures In London on Friday closed steadier £25 to £33 per tonne higher, having held steady (or most of the morning with gains of around £19 from Thursday. Turnover was 1.941 lots including 18 options. Morning trading was light and well matched but overshadowed by the London International
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    • 370 4 COPPER wlrebars, on the day, were down €2 for cash and £2.50 per tonne for Three Months in London on Friday. The afternoon market was featureless with traded prices hovering around endmorning levels in two-way dealings. The morning market had been subdued with prices softening under small liquidation and
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    • 253 4 THE HONGKONG sliver futures market on Saturday remained tradeless, dull and featureless with the closing and fixing prices remaining unchanged at HK5261.00 per 10 ounces. On the LONDON Metal Exchange, silver was down one pence per troy ounce all round on Friday. The afternoon market lacked fresh trading incentives
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    • 410 4 CHICAGO soybean futures finished the session with losses of three to 1-1/2 US cents a bushel on Friday after trading in only six to nine eent ranges. Trading was light through most of the day, with much of the activity concentrated in the last minutes of the session. The
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    • 81 4 C.I.F. North European porta, la US i ■tout. LONDON: dollars par ton unlaaa < Malaysian SS f fa bulk per tonne November Sumatra (fa bulk September October November December January MMR Nigeria i% ffa bulk Mg fH*mr unch CTO Mr •30 pd •lHVOlSpd 900 905pd M6/J07 vtpd uneb
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    • 724 4 THE KILOBAR In SlngaSre on Saturday opened at 15.653 and closed lower at 515.646 after trading in a high-low range of $15,653/ 15.638. Spot gold for London delivery opened at U*****.80/ 217.20 and closed at U*****.70/ 217.10. The high-low range was 216.90/ 217.30 and 216.70/ 218.00. The tone of
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    • 224 4 TERMINAL cocoa in London on Friday was reasonably well held on weekend covering and booksquaring In the late afternoon following the expiry of spot September. Gains, on the day, ranged from £5 to £22 per tonne although final levels were below the highs partly due to New York, traders
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    • 68 4 ZINC closed £1.25 per tonne, down for cash and £1.50 lower for Three Months In London on Friday. The market moved narrowly throughout the day mainly under the influence of copper although a depressing factor was market forecasts of a l ,000tonne Increase In warehouse .stocks last week. Some
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    • 339 4 DULL trading prevailed on the Singapore produce market last week. Local exporters of pepper were reserved and did not press for sales. There was still substantial demand from the traditional West Asian buyers. Howeveri local traders felt that they could not get cheap replacements for
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    • 178 4 WHEAT futures ended the session with losses of 3/4 cent to 1-1/2 US cents a bushel, finlsh'ng towards the low end of a three-cent trading range, n Chicago on Frida> Prices moved narrowly through the lightly-traded session, ranging to either side or Thursday's close. Professional selling was a weakening
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    • MONEY AND EXCHANGE$
      • 167 4 THE US dollar last week opened lower In quiet trading at the 2.2290/10 level in the Singapore forex market, despite the hike In the US discount rate to 8 per cent from 7.75 per cent. The rate was taken higher to 2.2370/90 on commercial covering, news that US
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      • 20 4 THE rate at which Singapore banks are currently prepared to lend to their beet customers is 7.25 per cent.
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      • 256 4 Asian rates RATES strengthened In the middle of last week, adding 1 4 per cent to the periods with heavy activity in Three and Six Months, the latter period touching a high of 10 per cent. Interest In the two periods was attributed to rollovers which, after being' filled, saw
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      • 372 4 THE EASIER Interbank overnight rates which hovered around 4 to 3Vfr per cent did not sustain when it recovered considerably on Thursday due to some movement of funds. On Friday, the highest rate done was 15 per cent but closed at TV* to 7 percent. Keen borrowing Interest
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      • 238 4 Euro rates LONDON Eurodollar deposit rates closed lower In light business reflecting continued reaction to the sharp rise In rates earlier last week. The softer trend was accentuated by loss of endmonth bidding and rollover operations following turn of the month, while some dealers reported aggressive lending in longer-term funds
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      • 41 4 FRANKFURT exchanges closing quotes on Sept 29: US 1.9365/W Can 1.6439/30 SU 3.6M/C2B D PI 91 66/10 8 rr t24.7VU5.1» Lit 2 354/364 Yen 0230/50 F Ft 44.67/77 H Fr« on) A.344/354 B I'M Fin) 8.036/046 N kr 37 65/75
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      • 322 4 AFTER the heavy losses of earlier weeks, the US dollar's fall slowed down last week. Although the fundamental economic factors remained basically unchanged, the picture was at least brightened up briefly by a lower US trade deficit (US$l.6 billion in August against almost $3 billion In July) and by
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      • 324 4 DOLLAR movements against major currencies were mixed In waning afternoon activity on Friday, with the Swiss franc ending sharply lower on the day on expected further moves to deal with its recent strength, while the French franc gained reflecting short-term Interest rate movements. More than one dealer suspected the
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      • 213 4 THE DOLLAR closed relatively little changed from opening levels in quiet, thin trading on Friday. End-of-month and end-of-quarter factors again tended to benefit the dollar, with activity mainly restricted to squaring of positions. dealers said. In addition, they noted the market remains cautious ahead of Swiss Economy Minister
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      • 97 4 THE EASY tone on which the Interbank overnight market opened last week, at 3H to 3% per cent, was shortlived. Rates soon firmed and, on Friday, overnight funds were traded at as high as 15 per cent during clearing and closed finally at 7* to 7 per cent.
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      • 46 4 FOR THE week ended Friday Sept 29, the ranee of call rates received from Short Deposits (If) Belted was as follows:Bask And: 2* per cent to per cent. Gsaaral And: 3 per cent to 5 per cent. lfeveaeats of fund totalled 6386 million
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  • Page 4 Advertisements
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  • TRANSPORT
    • 161 5 THE PORT of Singapore Authority (PSA) has designated Keppel Wharves (Berths 46 and 47) and Container Port as approved areas for vessels to load/ discharge calcium carbide alongside. Masters, owners and agents of vessels arriving in the port carrying calcium carbide are asked to comply
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    • 131 5 FAR EAST period chartering provided the main feature of still dull freight market business last Friday when Alcoa booked the 41.561 dwt Manitoba I. Alcoa agreed to pay U553.45 (557.09) per dwt for the first and second years and 30 cents per dwt more for the third year.
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    • 717 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 OIA GA944 1055 PKU GIA GA908 1100 MES
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    • 399 5 SINGAPORE CRITICISED JOHORE's Senai airport can handle any additional Malaysian Airline System (MAS) aircraft landing there instead of Singapore if MAS withdraws its aircraft partially or completely from the Republic in the event of a breakdown of the bilateral air agreement. Informed sources said
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    • 214 5 THE MERSEY Docks and Harbour Company, UK, has developed a computerised container terminal simulator to provide in-depth evolutions of port operations and improvement plans. The unit comprises a physical model of a terminal together with an online computer system. A team of operators runs the model
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    • 401 5 GREECE is hoping to win shipbuilding orders from China following the visit by Peking's Foreign Minister Huang Hua to Hellenic stiipyards. The signing of a cultural agreement between Greece and China plus Peking's recent trade deals with the West and Japan is
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    • 61 5 Reuter THE Confederation Generate du Travail Union (COT) called on its merchant navy members to observe a national strike for a minimum period of 48hours from Oct 13. Union sources said the strike call is In protest at the use of Asian labour by the Nouvelle
      Reuter  -  61 words
    • 246 5 AFP THE FIRST of the five multi-million dollar liquefied natural gas (LNQ) tankers ordered by the state-run Malaysian International Shipping Corporatlon (MISC) will be launched at the French shipyard of Chantler de France-Dunkerque today. Named Tenaga Satu, the carrier will be launched by the wife of
      AFP  -  246 words
    • 69 5 AFP FREIGHT rates from India. Pakistan and Bangladesh to Europe are to be Increased by approximately 12.5 per cent from December. The India-Pakistan-Bangladesh shipping conferences announced the Increase In these westbound tariff rates. This increase reflects Increase costs, the conference line explained. Certain commodities will
      AFP  -  69 words
    • 211 5 THE FRENCH compromise to allow British participation in the A3lO Airbus proposed to British Industry Minister, Mr. Eric Variey, Inst week would deny Britain the power of veto in the consortium. Informed sources said the French had been insisting that British participation be accompanied by
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    • Article, Illustration
      298 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Fujlaki Maru (tanker) (B/0) 1500 (subject gas free) 13/14 King Petrel (0600 23 Letitia Lykes (0600 after Colorado) 1/2 Luna Maersk after Lexa Maersk) 38/39 Perils (1500) 21 West Reefer City (0700 40/41 San Francisco Maru (1500) 42/43 PASIR PAN JANG WHARVES
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  • Page 5 Advertisements
    • 18 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL *****5 CITY TEL *****55 ~r Cali us for your local or onward reservations
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    • 85 5 A brewing tradition that goes back a century we've been brewing Kirin since 1869. 'And over the years, some things have never changed. The meticulous care in selecting only the finest ingredients. And the traditional an of brewing in extra taste. Today, this naturally brewed lager is famous all over
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  • REVIEWS
    • 798 6 mmmim i There was a time when Singapore, exotic as a tropical jewel, attracted many good L musicians* JOE PETERS talks to one of the old guards IF THERE was ever a saying "Wither music do I go" this grand graceful man, Joe Speelman. would be its epitome.
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    • 757 6  -  Bob Dylan's Renaldo and Clara may be for the thoughtful minority, and Travolta's Grease for the vocal majority, but the cinema is greatly tjjie richer for both of them, says Financial Times film critic NIGEL ANDREWS. By MICHAEL HUGHES FT WHITHER the movie musical? Arriving in Britain
      FT  -  757 words
    • 484 6  -  ■y CHUA LEONG-KIAN STRIKE Thrice The Monster Of White Bone* is shot from a stage drama based on one of the interesting episodes of Wu Ch'eng-en's "The Adventures of Monkey God". Now showing at the Kong Chian Cinema, it is produced by Shanghai's Tian Ma (Sky
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    • 1455 7 Viewpoints Abdul Rahman (First Prime Minister of Malaysia) Heinemann Educational Bosks (Asia) Ltd Cited $30.00, Paperback $10.50,239 Pages Reviewed by Joe Fernandez "The moving finger writes and having writ, Moves on; nor all thy Piety nor wit Shall lure it back to cancel half a
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    • 362 7 THOSE who strolled into Snangri-La Hotel's Island Ballroom by chance last week would have been surprised to find themselves in ajaapanese flower garden. T3ke graceful arrangements, some small, some vast, were all part of the Singapore Sogetsu Association's exhibition. Most Singaporeans MWate Sogetsu with 11&$ ana. thinking them
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    • 811 7  -  ■y BILL HARTLEY ONE OF the major obstacles to proper documentation of modern music has been the haphazard approach to recording adopted bv almost all the major labels. Collectors have had to rely in the main on small independent labels to provide
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    • 505 7  -  By TSANG SAU YIN THERE is nothing remarkable about Miss Anna Macleod. None of that fanciful worked-up temperamental displays of talents meant for the press and the public. She is sensible, soft spoken in an interview conducted on an even tone. Answers questions willingly
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  • Page 6 Advertisements
    • 210 6 ft V.: WiA ZL a IS The Ancestor of Whisky Anodtcr quality product from m&Lm r<r ft i Vf )V 4 n 4 t jr 1 corut Hotel Royal RAMAOA Newton Road. Singapore 11. Republic of Singapore Telephone *****1, Telex RS-***** Cables HOTELROYAL A cosy and casual haven for all.
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  • Page 6 Miscellaneous
    • 538 6 fm ■jm 1 FILMS: PETER Finch and Llv Ullman star In the musical Lost Horizon, with music provided by Burt Bacharach, to be shown by the Singapore Hilton's poolslde movie-house this Sunday (Oct 8) at 8.15 pm. THE National Museum will screen three onehour documentaries on Wednesday (Oct 4) at
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    • 247 6 SINGAPORE 5 PM Opening announcements followed by Impact Appreciation Of An Art Form Diary of Events (Tamil)"* Harold Lloyd's Comedy Classics Girl Shy Intermission PM Opening announcements followed by Children's Day Special '78 News in Brief Marine Boy Don't Ask Me News in Malay Pre-Examination Programme Mail Mau Kahwin (Pt.3)
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  • Page 7 Advertisements
    • 353 7 4 'C Vr▼7 V-; weaftt.j J Si L. SwSW? 1 fl II HOTEL MALAYSIA 40 Cuscaden Road, Singapore 9 Tel: *****1 0 4 HOTEL ASIA 37 Scotts Road, Singapore 9 Tel: *****8 ORCHID INN 214 Dunearn Road, Singapore II Tel: *****2 77 THE MANDARIN SINGAPORE 333 Orchard Road, Singapore 9
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  • Page 7 Miscellaneous
    • 95 7 Scere :T>ne SioFFCorfreen OF W-Speed GotWac^S. DforrotiS fefSOOQ*: lv SKockey BfotHers, soouroe. OF-HtH SoaHwn Reg on. TfclA r»>€. W6Ol/T II His «ED FPiGe B»c» HIS 1 L£jG>S GONG ROUHD FV4D fcOUHD VjOHCH COKCtMTRp>T»r4G> OH DfciV*N& THe W VOU DON'T see U3HPtT'S GOING. ON BeHtMO > loeu.— HC Utf\S RftOUT Tb
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  • MARKET REVIEWS
    • 925 8  -  SINGAPORE h 4 By PETER CHIA SHARE prices failed to make significant headway on the Stock Exchange of Singapore last week despite a number of bullish developments. The market started the week on a very uncertain note, with sentiment blowing hot
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    • 450 8 SYDNEY Reuter OIL stocks again dominated market activity while trading remained fairly subdued among the Industrials and minings. However, by Friday the oil stocks too were showing signs of the lethargy characteristic of the rest of the market./ The favourites among the oil issues were Santos
      Reuter  -  450 words
    • 530 8  -  ENDED SEPT 29 COMPILED BY VIOLET CHOW SCRIP ISSUES Tasek Cement Bhd: Proposed bonus Issue of 1-for-flve capitalising M 510.4 million. Malaysia Building Society: Proposed bonue Issue of one-for-flve capitalising MSS.I million. Proposed rights issue of one-for-two at $2 per share. OTHERS Kuala Lumpur Kepong
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    • 407 8 f TOKYO Source: DBS-Daiwa WHILE business performance In general remains sluggish, the equity market has been astonishingly bullish. The Nikkei, Dow Jones 225stock price index renewed its record high. From opening on Sept 27, ex-dividend day, the market was above 5,700 points, which meant that
      Source: DBS-Daiwa  -  407 words
    • 701 8 r NEW YORK NYT POPULAR stock averages showed a slight Improvement last week, while some individual Issues chalked up handsome gains. Gambling Issues bounced back moderately after their huge losses of the previous week and Superior Oil, the highest-price equity on the New York
      NYT  -  701 words
    • 878 8  -  r LONDON »y GERALD COLVERD THERE should never be any cause for concern about a market which performs In predictable terms. There Is, consequently, a lack of concern about the behaviour of the London stock market In harmony with a fairly widespread tack of interest by
      878 words
    • 1105 8 K.LUMPUR h THE news that the KLSE had sent out circulars to stockbrokers reminding them to adhere to trading rules checked the sharp, stralght-llne decline on the stock market. It acted as the much needed brake at a time when sentiments had reached almost rock bottom
      1,105 words
  • Page 8 Advertisements
    • 237 8 511 a ANDREA NEWMAN in Penguins uet of Barbed Wire a few short months a whole family gains the tense momentum of a thriller m convultli! relationships lead to tragedy. Another Bouquet Another Bouquet is Apdrea Newman's sequel to >4 Bouquet of Barbed Win. Prue dead, but Gavin and Manson
      237 words

  • INTERNATIONAL STOCK MARKETS
    • 373 9 EUROPEAN MARKETS EUROPEAN bourses closed generally higher on Friday. In FRANKFURT, share prices extended recent gains with the VWD Index (base end--1977) reaching a year's high of 111.57, up from 111.09 on Thursday. Dealers said trading was lively with the market still buoyant from Thursday's rise, when the
      373 words
    • 175 9 sETf Kr;i ncs ,\i mils Nurses AliiMilsse Br ArtlMlisse Ken. Bmen Br Hr ii&f"■'«> p< riro thiuy He* Suisse Br Suisse Keg Klrktrim.itl Bi (iturilf Kisrhrr Br Cm*>us H> IIWo Br Ib-kUnaii-l.i .U.W Itfl/lo HnMrbtutk Br lidi-i'Kiud Br Br -Columbus Sesye Br N~sl le K"k UvrWi"" fciei k V«T*
      175 words
    • 287 9 SKPT Frs tORBKILLfc Air-Liquide 378 >7 B S N (iervais lKinone 595 -20 f SK (ThomsonIM) 418 -2 t franralw jW» IVtnilfs 140 50 ♦2.5 Ooap.iKnif Viuun<-it»re V>in|KiKiile Owierale 425.10 -2.7 Uo>dlt Fnncier ArFrunce (95 unch tfachrtU(Lihrairte) 291 8 Hucliln?* Bull 59.10 -2.4 M|c,|w»lin (B> 1450 -5 fcifibas 211
      287 words
    • 231 9 SEPT Din ■f/-Aef-Telefunken 87.50 +0.2 Akzo 30 >1 Allz Leben 715B Allz Vers 520 -9 BASK 141 40 -0.1 Bay H T Whunk 290 -4 5 B;iy Vt>ank 339 50 -0 5 Riyer 143 80 <■0.5 BBC 321 50 8.1 BMW 229 50 +0 5 Cassella 428 +5 Cliein
      231 words
    • 226 9 SfcPT Fls ABN 372 00 2 Ahold ***** -0 2 Akzo 32.00 10 6 AMEV 88 50 +0.2 Amlas Ill 00 unch Anirol B.ink 78 20 +0 4 HergOSS 60 00 unch Berk 94 50 3 BoLs 75.50 +0 5 Horsuniij 162 90 +0.4 Hurhmann 72 50 -0 8
      226 words
    • 92 9 SEPT Frs FORWARD MARKET Acec 443 -10 Arbed 2505 unch Astur 740 -14 Bruscun 469 uftch Bru-Lumb 1645 unch t'anpac 640 >16 Cock 493 -1 Df Beers 222 unch Kbes 2315 4-5 Klectrobel 6810 unch Gb-Inno-Bm 2400 unch (!cv 1480 -2 Hobok 2950 unch Fetro 3775 4-30 Rvl Dutch
      92 words
    • 98 9 SKPT n Lire Aim* 111.75 1.75 Assm-lien tsooo +50 Bisloiil 630 -13 Central? 5699 ♦29 Fiat 2814 -66 Finsider 190 -1 Gen Immob 84 25 ♦0.75 IKI Pri 2640 -39 ItuliemenU ***** 250 Ualttas 799 -1 Iialsider 390 -7 M.iitnell M I'r 547 -1.5 M.irelh Krr 339 50 -4.5
      98 words
    • 481 9 TOKYO SHARE prices closed higher on Saturday pushing the Dow Jones average to a new record for the fifth consecutive day in fairly active trading, dealers said. The Dow Jones average closed up 10.80 at 5.783.16 with volume of 260 million shares. The Tokyo
      481 words
    • 406 9 GOLD shares were mostly higher in very small trade ahead of the weekend. Dealers said gains ranged to around 50 cents In higher priced shares. AF Lease declined 25 cents to 470 following latest news on Its uranium mine. Mining financlals were selectively harder. De Beers Kalned five cents
      406 words
    • 34 9 FINANCIAL TIMES INDUSTRIALS Friday 500.8 Thursday 501.2 Week Ago 518.6 DOW JONES AVERAGE INDUSTRIALS Friday 885.82 Thursday 861.31 Week Ago 862.44 LONDON DOLLAR PREMIUM Friday 84* to 84* Thursday 86* to 86*
      34 words
    • 348 9 Reuter SHARE prices closed higher in active trading on Friday. The Composite index was up more than points with advances in 12 or its 14 component groups. Oalns outnumbered losses 287 to 130. Abitibi. Consolidated-Bat-hurst and Price Co remained halted. Abitibi plans to buy 1.019.996 price shares from Cons-Bathurst
      Reuter  -  348 words
    • 1245 9 NEW YORK STIX'K.N nw In slow trading on Friday aidrd by an absence «l seller* and some last minute portfolio adjustment by Institutions as the third quarter draws to a rlose. Analysts said the gains were purely technical. Michael Melz of OpiN-iiltemier and Co called it "anotlier
      1,245 words
  • INTERNATIONAL COMPANY NEWS
    • 272 9 f EUROPEAN DUNLOP Holdings Ltd said overseas and for products other than tyres in Europe are reasonably satisfactory. while a substantial in the performance of the company's European tyre business remains a prime objective. Dunlop said first half 1978 figures show a pre-tax profit of 122
      272 words
    • 148 9 Reuter BO WRING said profits for 1978 will show improvemfeht over 1977 but the rate or growth seen in the first ha3l Is not expected to continue in the second half of the year. Tpe company said in a statement accompanying interim results that there
      Reuter  -  148 words
    • 71 9 Reuter HYDROCARBONS Bank Lttf; a Cayman Islands sutteidlary of the Italian state oil group ENI. Is ralslng'USSlOO million through loan. ENI sources ■The loan will carry a spread of per cent over Llbor for the first two years. 7 per cent for the next three and one per
      Reuter  -  71 words
    • 74 9 Reuter THE state-owned British National Oil Corp said it plans to drill two exploratory wells in the south western approaches about 260 km southwest and 65 km south of Lands End. The wells will be drilled In blocks 72/10 and 86/18. the licences for which are both wholly
      Reuter  -  74 words
    • 42 9 AFP CREUSOT-LOIRE Enterprises announced it would supply a glass-making plant to the Sri Lanka firm Swastika Glass. The contract allows for the plant to start up in the Colombo free zone in 1981. It is worth 117 million francs. AFP
      AFP  -  42 words
    • 171 9 Reuter FORD Motor Co said It will spend about £400 million on its European truck plants over the next five years up from the £350 million truck programme announced late last year. A Ford spokesman said the Investment programme was based on the company's forecast
      Reuter  -  171 words
    • 167 9 Reuter INTERNATIONAL Computers will reduce Its holding In Its Indian subsidiary, Internatlon Computers Indian Manufacturers Ltd (ICIM) to 40 per cent from 60 per cent In line with India's Foreign Exchange Regulation Act, an official of the company said. The company proposes to issue one
      Reuter  -  167 words
    • 99 9 Reuter VICKERS LTD announced a drop in pre-tax profits for the first half ended June 30 this year to £5.16 million from £18.12 million previously. This was on sales of £191.43 million compared with £236.49 million in the first half last year. Interim dividend was 3.85p (3.85p). Pre-tax
      Reuter  -  99 words
  • Page 9 Advertisements
    • 195 9 Robinson's new-look Robinson's, Singapore's premier UUUAQIIUpO departmental store, now have new-look bookshops at Specialists' Centre and Clifford Centre. Better-stocked. Better displayed. You'll find it a real pleasure to browse at Robinson's. Come soon. an offer :rn ati olla i y° u can't refuse. $2*95 for this 366-page book, (Q) I
      195 words

  • COMPANY NEWS
    • 561 10  -  By MANO SABNANI DESPITE encountering stiff competition, Tong Meng Industries achieved a 40 per cent increase in unaudited group pre-tax profit to $351,862 for the six months ended June 30, 1978. However, the unfavourable market conditions prevailing had a restraining effect on sales
      561 words
    • 783 10  -  By SUSAN BEVAN J AND P COATS (Malaysia) is applying to have its shares quoted on the Kuala Lumpur Stock Exchange. The company is not issuing any new shares to the public but simply requesting a listing and permission to deal in the existing
      783 words
    • 444 10 Current Ex Book* Date Total for Total for payment Date close payablethe year previous year Carlsberg 10%I Sept 13 Sept 25 Oct 2 10% 15% KL Kepon( 7V.%I Aug 23 Sept 3 Oct 2 7* 12*% OCBC 5%I Sept 18 Sept 25 Oct 2 5% I7%(r) Apollo 5%I
      444 words
    • 145 10 WMBpany Particular* Ex Dale Books HxJuuu Cartabarg TmmtU Muu FmiLU Bonus Issue of 1 for 4 Bonus issue of 1 for 2 Bonus issue of one for 8 Bonus issue of 1 for 4 Rights issue of 1 for 4 SI .00 per share Oct 16 Oct 1*
      145 words
    • LATEST RESULTS
      • 22 10 Unaudited pre-tax profit $140.323 ($245,270) for the half year ended June 30 on sales $5.71 million (5.58 million).
        22 words
      • 27 10 said its one-for-four rights issue at par closed slightly oversubscribed. The issue will raise paidup capital to M 510.33 million from $8.26 million.
        27 words
      • 69 10 Unaudited group pretax profit of M 59.33 million ($5.00 million) for the half year ended June 30 on revenue of $48.99 million (28.27 million). Parent company net profit $740,000. ($430,000) on revenue of $2.33 million ($1.13 million). Interim dividend 6.5 per cent gross on capital increased by
        69 words
      • 40 10 Group pre-tax profit of $2.02 million ($2.08 million) on revenue of $2.11 million ($2.10 million) for the half-year ended June 30, 1978. Company said the results included the dividend declared in June 1978 by Pan-Electric Industries Ltd.
        40 words
      • 48 10 Unaudited group operating profit before depreciation of $2.94 million ($5.9 million) on revenue of $40 million (same) for the half-year to June 30, 1978. Group pre-tax profit: $236,000 ($3.31 million). The company's directors are guardedly optimistic that the second half year will show better results.
        48 words
      • 42 10 Group pre-tax profit of $1.59 million ($506,219) for the six months to June 30, 1978. Turnover for the period: $25.05 million ($9.55 million) Parent company pre-tax profit of $F5 million ($302,220) on sales of $21.91 million ($8.7 million)
        42 words
    • 101 10 HUME Industries (Malaysia) Bhd: AOM to be held at Jalan 219 off Federal High way, Petalln* Jaya, at 111® a m on Oct 7. t Hume Industries (Par East Ltd: AOM to be held at 2nd Floor, 13.7 km. Bukit Tlmah Road, at 12 noon on Oct 9.
      101 words
  • 2644 10 Thi< YmT Hi«k Lmm Ctaptajr Lax Sale +OrQr'» DK Dhr* Cw Gk-'s N«t Y'lrt P/E Val (*888) High WMk Lew SECTION ONE INDUSTRIALS 272 238 178 219 275 111 278 328 245 680 500 284 378 890 185 354 1040 149 484 410 140 855 352 185
    2,644 words
  • 1902 10 OPTION OCT JAN APL STOCK Alcoa Alcoa Alcoa Am Tel Am Tel Am Tel AtlR AUR AUR Avon Avon-P Avon Avon-P Avon Avon-P Avon Avon-P Bank Am Bank Am Bank Am BethS Beth 8 BethS Burroughs Burroughs Burroughs Burroughs Oticp aucp citicp Del Air Del Air Del
    1,902 words

  • MONDAY SPORTS
    • 1054 11  -  By TEO TECK WENG jtfETER HO and K.H. Tong .edged D. Hammond and F. "bow by one point to wtn the "Business Times Golf Day tournament at the Sembawang course yesterday. Peter, an 11-hsndi-:capper, and Tong, handicap 12. returned 47 points Jo the
      1,054 words
    • 707 11 NYT THE PRO football season may be just warming up, but there Is heated controversy already over two judgment calls by referees that have Inspired two good questions: When is a fumble intentional? What constitutes an intended pass? National Television audiences
      NYT  -  707 words
    • 763 11  -  By RONALD KOW THE MOST exciting thing that happened for Singapore sports over the previous weekend must be the national rugby team's victory in capturing the MRU Cup after 44 long years. Perhaps more exciting that the final thut Sunday in which Singapore Civilians bent
      763 words
    • 782 11  -  •y PETER DOBEREINER LAST week the secretary of the European Tournament Players* Division. Ken Schofield, flew to Akron. Ohio, to argue a point of geography, to wit "Where is home?" Weighty issues hang on the answer. The success of professional golf on both sides
      782 words
    • 275 11 TWO MORE teams. United Overseas Bank and Overseas Union Bank, have qualified for the quarterfinals of the Anchor Business Houses Squash League. In this round, played on a knock-out system. Beecham will meet SPC while UOB take on OUB. Straits l imes will meet Esso while favourites
      275 words
  • Page 11 Advertisements
    • 61 11 Britannica Medical and Health Annual 1078 1 wish to know more about the Medical and Health Annual 1978. please send me more details obligation-free. Address:. Tel: Occupation: Send this lit: Customer Service Manager. F STP Distributors Sdn. Bhd.. 5 B-4 International Building. 3 Orchard Road. Singapore 9. 1 Far East
      61 words

  • 828 12 UNITED KINGDOM OVERTAKEN WEST GERMANY has become Singapore's leading trading partner in the European Economic Community. after having overtaken the previous leader, the United Kingdom, last year. The Federal Republic of Germany bought a wide variety of goods from Singapore ranging from scientific equipment
    828 words
  • 198 12 Reuter JAPANESE Prime Minister Fukuda has said that he will take responsibility for attaining the 7 per cent real economic growth target which he pledged at the Bonn summit in July. Mr. Fukuda. in reply to an Opposition question in Parliament on Saturday, said that
    Reuter  -  198 words
  • 176 12 Asian market growth slower FROM PAGE ONE $135 million in that month compared with a rise of $56 million in July. The increase was mainly in demand deposits. Outstanding issues of Singapore dollar negotiable certificates of deposits declined. The growth of loans extended by finance companies moderated in August. Increases
    176 words
  • 303 12 Reuter PAY rises of almost 60 per cent will be demanded by British local authority workers in a claim to be submitted in early November. the domestic news agency, the Press Association. reported. Mr. Ron Curran. Scottish officer of the National Union .of
    Reuter  -  303 words
  • 387 12 A SINGAPORE merchant bank, DBS-Daiwa Securities International has takes a tiny slice •f Hollywood. It has bought sharea in Metro-Goldwyn-Meyer (MGM), the movie-makers, in an underwriting deal involving more then 100 financial institutions, mostly from Europe. DBS-Daiwa and the other underwriters
    387 words
  • 248 12 Reuter PRODUCERS and consumers have failed to reach agreement on new support prices for coffee. Delegates said the breakdown after more than two weeks of difficult negotiations was mainly due to US insistence on securing lower prices in order to boost coffee consumption. Producers
    Reuter  -  248 words
  • 628 12 AFP Reuter CHJNA will soon replace the deposit scheme for trade finance with open borrowings on international markets. Bank of America Asia representative Mr. Louis Saubolle said. Mr. Saubolle. who is based in Hongkong, told a press lunch in London he believes the
    AFP; Reuter  -  628 words
  • 391 12 Reuter CHINA celebrated 29 years of communist rule yesterday in confident mood, with the People's Daily saying it was no longer a question of whether the country could modernise by the end of the century, but whether this could be done more rapidly.
    Reuter  -  391 words
  • 126 12 IN A BOLD move to expand their insurance business in the Asian market, Hongkong trading company Wheelock Marden and Co Ltd artd London insurance brokers. Hogg Robinson Group Ltd. have announced a new joint venture based in Hongkong. The vehicle for this will be the Mow Tai insurance
    126 words
  • 660 12 SEVERAL American bankers and economists said the Carter Administration should work out tighter monetary and fiscal policies to combat inflation. The President will need more than Just a tougher set of wage-price guidelines to tackle the nation's worst economic 111, as Mr. Carter
    660 words
  • 114 12 Reuter WHITE House press secretary Jody Powell said President Carter may veto the tax Bill if it does not meet his requirements. "There should be no doubt in anyone's mind that the President Is perfectly willing to veto a lax Bill If it does not meet the
    Reuter  -  114 words
  • 277 12 Reuter EUROPEAN oil brokers expect the Organisation of Petroleum Exporting Countries to tncrease world oil prices on Jan. 1 by at least 5 per cent, possibly 10 per cent. Business Week magazine reported on Friday. It said spot light crude prices have
    Reuter  -  277 words
  • Page 12 Advertisements
    • 123 12 IT CONSULT INDCBUEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Todayiwearei quoting the,following for Singapore Dollar term deposits up to SS2SO.OOO 1 month 5%% p.a. 3 months 5%% p.a. 6 months 6%p.a. 9 months p.a. 12 months 6%% p.a. Savings p.a. We also issue Negotiable Certificates of Deposit m
      123 words
    • 269 12 McCarthy Information Services (UK) We invite the Singapore business community to subscribe to the UK-based McCarthy Information Services at the same price as British subscribers receive these weekly services in the United Kingdom.* This has been made possible because the services are air-freighted to Singapore in bulk and distributed by
      269 words

  • 1792 13 SCHEDULE A guide to ships loading at Singapore for Ports around the World The following list tabulates, by port of destination the name of the ship, the shipping line involved, and the estimated dates bf arrival and departure from Singapore port CoßMrtlm SeaaDatch has a Joint sertk( arrangement
    1,792 words
  • Page 13 Advertisements
    • 555 13 Scan Dutch V Fast and Regular Service To/From N.C. /SCAN/W.MED.7 U.K. Singapore: Tef *****. Port Ketang Tel *****1. Kuala.Lumpur T,h. *****. Penang: Te) ***** SHIPPING [iBT SANKYO LINE AUSTRALIA SERVICE P KMaag Singapore Loading tor: MAYBREE2E 7/1 OCT YUE RIVER 12/13 OCT TMRfESTAR 11/ H OCT 5/« OCT FKM 10/11
      555 words
    • 667 13 (K Seatrain St"Full Contoiner Service to USA FEEDERVSL STOOE MOTHER VSL HR OAK LR SUIF 'EC AVmel U/10 23/10 1/11 */U Wll 17/11 11/10 29 AVnial 11/10 SMtraw 20/10 Ctwtrd 31/10 10/11 10/11 22/11 25/11 22/10 *55 Full Container Service from USA MOTHER VSL E/C SUIF OAK LA HK FEEDER
      667 words
    • 511 13 m ALFRED C. TOEPFER GMBH REGULAR SERVICE TO MEDITERRANEAN TORTS OF ITALY. SPAIN, FRANCE il OINOUSSIAN NtIOEN S TO« Onckjrtnii tota IS Oct 13 Oct USfHM Saltrm Minfilcin BURDEKIN SHIPPING PTY LTD REGULAR SERVICE TO ANTWERP L U.K. ACCEPTING THROUGH RILLS OF LADING TO MAIN U.K. DESTINATIONS Diii.lur|Mf P fc:
      511 words
    • 246 13 Nedlloyd Lines Regular Liner Services To/From All Parts of the World. Singapore: Tel. *****. Port Kateng: Tet *****1. Kuala Lumpor Tel. *****. PenanQ: Tel. ***** NOTICE XL TO ALL MALAYSIAN SHIPPERS A Joint' Shipping services agreement has been made on 15th September 1978 between ACONAS LINES and MALAYAN NAVIGATION LINES
      246 words

  • Page 14 Advertisements
    • 827 14 JEHapag-Uayd FULLY CONTAINERISED TO EUROPE rp*n r .mt h-*«i rta trfpi. 3/10 5/10 26/10 28/10 cttreit**** 11/10 13/10 l/Ji 3/u OtaUßay 19/10 20/10 9/11 U/0 Imw 27/10 29/10 19/H 21/11 "i-rtT'T~ 31/10 17/11 19/11 bMlhn 4/11 6/11 17/11 29/11 EXPRESS CONVENTIONAL TO EUROPE r*wt P.U« hm. Mkw Gawe H-fcwi 17/10
      827 words
    • 390 14 Terrier 22-24/11 mm 12-13/11 z7-2t/lt 14-IS/10 29-30/10 W/L NV s SEMI-CONTAINER SERVICE (HEAVT-UR CAPACITY 125 TONS) T»: DUBAI. DAM MAM, BANDAR SHAPOUR. KUWAIT. KHORRAMSHAR. ABO DHABI/ MUTTRAH. BAHRAIN. TAIMYR V*y.2sA Singapore Od 2C/27 TORRENS Voy 27A (Calb BAHRAIN) t Singapore Nov 12-13 Barber Linas Singapore Pta. Ltd. Tft; 92(51 HARRISONS
      390 words
    • 653 14 T, LAND U.SA/ASIA SERVICE /ESSEL/VOYAGE SL?d2" 0 Arri»«s/Deoarts 7.00 PM WORLD TIGER VlO OCT 5/6 OCT 4 WORLD LION VlO OCT 12/13 OCT 11 WORLD TIGER Vll OCT 19/20 OCT IS .-..OCT 26/27 OCT 25 ul'lHl'Hl'liiM! C.F.S. CLOSES 7.00PH1 OCT 4 OCT 11 OCT 18 OCT 25 DIRECT SERVICE TO
      653 words
    • 765 14 LOADING FOR CRtCTOBAL. COJ£L SAN MA* SANTO DMlllW KMSTML f SPAIN. PARAMARIBO. GEORGETOMN GUY AHA TOT AUPtINCt CUNACAO I WUM. SI LUCIA DOMINICIA. ANTIGUA. St MAARTEN. GUADELOUPE. MARTINIQUE. ST TTS. TORTOLA MONTSERRAT WITH TRANSHIPMENT AT HONGKONG NDM( P. MM| Iw**an I FERNANDOEVERETTFECA M/ 71 IN FT/? OCT V* OCT I
      765 words
    • 457 14 FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) u* onoTM. CMCf 1M H.IOM CONTUMCII2W OnOTTM. KSEABCMEI4I ixnwmm lemwcoMiiM CHEWLIEt MM. 1* 9/tl 8/12 4/11 VII 1/11 11/11 13/11 15/11 1/12 3/12 5/12 8/12 10/12 12/12 *11 vtsets all H*mbw| FULLY CONTAINERISED SERVICE FROM EUROPE (VIA SUEZ) oaamciNCFiK UEMNNKEITE OMENTAL KSEMCHD KPTWK
      457 words

  • Page 15 Advertisements
    • 789 15 i 11 1 e——■ OCX Overseas Containers Limited IMIM U UMMM4 fpore P. Wa( D'mrt Ma. A'*»)» K*rr» i tct i ht a ki a kt a mi i an u ii kt i) kt <an ian tan 11 am it tct it tct I in n a* it m
      789 words
    • 1047 15 Ben Ocean A)ant9ervxxafß&n Una B/ueFbrneJOen Lute and NSMO j.'t i.ii r+ r~ 7k AMERICAN PRiSJO(NT LINES STRAITS IXVUII COMTAmm I—4*l tar Mm Voir. Can Cm) Mi MM p. NHIItM P EISENNPWEI P. lOOSEVELT 4 Oct IT Set Oct) II Oct (23 Oct) AIM Mtnt*| Off* for AtMtic mt Mtf Porta
      1,047 words
    • 909 15 BEN LINE CONTAINERS fAlJlkuX* l,y J. IJC" VtMMHM il M 11 Set IMT II Bit a M van n m it act MM UNUt act Ml MM t *M I M MM MT II M) H M m umn 11 m I nu mam n mi 1 HIK ■'HAVE II
      909 words
    • 852 15 Scan Dutch V mm ,'i j^:l.!ll.'l. CONTINENT/SCANDINAVIA FwM> »re» P Uitmg Vessel Soore 1) Mseillts I) Mm 1 Mary 4) Cburf iuimu smm an. nut u/a n/ii H/'l a/a FMCEKi I/a St LAM IA U/« »H :b/1l 1/11 i/n uum Mn hki n/i« vii a/11 u/» FUKttti 71/11 Ml. RCJMA
      852 words
    • 322 15 GUTHRIE BOUSTEAD LTD i\ BAN UI (MMritiU. hMion. P.E., rnMan) K mm un i 11/11 M s>or« */M to P. Mm H/a w p. hint ii/is to s'po't 14/n an P. bum S tlrt HOT V SINGAPORE *****4 PT K FLAMG *****1 KUALA LUMPUR ***** 1 PE NANG *****1 FESCO
      322 words

  • Page 16 Advertisements
    • 711 16 IT K line KAWASAKI KISEN KAISHA, LTD Soars P. bt**f L-Hnrt ITHrf mim KML 11W S let I Oct fct n let Jet a let n Jrt mtiiM hi it w 11 M 1 Nav 4Hn S M IM* w ■MENTAL OIICF 11W a let B let I Na» »w
      711 words
    • 802 16 H.SA/EAST CHUM SOME ACttPTINC FCLACI CtNTAWOS FRM PIMM. P. BUM, XML LXq Mr: CRISTBtAI. NCW TOW, CiMll. HiTHNM (Ml Lata ea*j) MtfMJI Penang P. UtM Siaakpkri '«nm vnbam (Mtu a sen iaPt/4 act 4/ s act i, i act E.C./GREAT LAKES SERVICE LkaMag far: —NPBU. m VMK, —TIM. IWII WW—U.
      802 words
    • 703 16 NEPTUNE ORIENT LINES UD FULLY COMTAIHERISCO SERVICES: arm rwu s to ICMATM 13 act 1! mental catEF a to i mam cmtainer ato i MENTAL KSEAKREI > Na* sno SEAS mike •to 1 t*. PEAIt S-pm Ctosac Taaas: *M MMb HllllM*! fmowvuko S pan P. lata* Slillii l 1 let
      703 words
    • 564 16 *UI)AYSIAN INTERNATIONAL SmrmG CORPORATION BfRHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/OK/OONTINENT/SCANOINAVIA t Ml. HIMU laiM TIT AM A MM EXPRESS CONVENTIONAL SERVICE TO UKJ CONTINENT T(. Men. S-fM P- Mlenf p i«i»l LaM| Mr> a. TC tuM hi tort 4/ Od 1/ I tat (lon*. 24/10. C*tt,L»col 30 m Hbarg
      564 words
    • 591 16 t INTRASEA (PTE) L'. t i M r.iKNi Mil 1 M auiajki m i let i od mm w n m i mi i m h«wn MTtAUA (PTC) in. L Law Tit SM*HN ft I'M/NVIV I tot fMM N-kvt I, Wll/l #»l mKansai Lino STRAITS/AUSTRALIA SERVICE Sioftporo R lM| ImA|
      591 words

  • BUSINESS TIMES
    • 256 17 AS THIS supplement's later pages show full well, Singapore has never In Its short history as a Republic lacked men who have the ability to lead others. Whether in the private or public sector, with or without high academic qualifications, graced with
      256 words
    • 236 17 The HEAD of STATE DOCTOR Benjamin Henry Sheares assumed office in 1971 m President of Singapore, followinf a unanimous election by Parliament. Hie appointment of this distinguished gynaecologist as Singapore's second Head of State, following the death of President Yusof bin Ishah, was not the result of
      236 words
    • 368 17 clans and civil servants to double-up their duties with running government controlled companies or lending their experience to statutory boards and the like. This has proved a workable system though not necessarily the best. Its success has been due In the main to the high qualities shown by
      368 words
    • THE POLITICIANS
      • Article, Illustration
        922 18 THE AVERAGE age of Hie 11 men who make up the Cabinet is 54, fairly young in political terms. But theaveraging process conceals two different age groupings with the Prime Minister, at 55, being almost midway between the two. Those older than him, with few exceptions, may be
        922 words
      • Article, Illustration
        853 22 Outside the Cabinet, but wielding something •kin to ministerial power, are the Junior Ministers. Some have risen swiftly through the ranks of political appointments and this may hold the clue to future leadership of the country. Included in this group are several parliamentary secretaries, who assist Ministers and
        853 words
      • 203 23 DR. CHIANG Hai Ding. 40. is currently Singapore's Ambassador to West Germany. He has been the MP for Ulu Pandan since 1970. The former history lecturer at the University of Singapore is also an officer with Citibank. He took an honours degree in History from the local
        203 words
      • Article, Illustration
        1815 25 THE MP for Telok Blangah, Ahmad Haleem, 35, is probably the only person in the entire political structure who knows about the electronic systems of British nuclear bombers. He was for four years an air electronics officer with the RAF Nuclear Bomber Force. Haleem, who has attended a
        1,815 words
    • THE CIVIL SERVANTS
      • 1143 20 Permanent Secretaries are now no longer just mandarins in the Civil Service. They are also the Government's top businessmen and ore becoming a pervasive force on the boards of public companies and government joint ventures with private enterprises. So much so that often time was thinly spread between
        1,143 words
      • Article, Illustration
        215 20 Singapore Inc. it more than just a government agent. It is the largest employer in the country; and its style of management is unabashedly profit-orientated The civil service employs more than 60,000 people and, together with 40 or more statutory boards, such as the Port of Singapore Authority,
        215 words
      • Article, Illustration
        87 20 IN 1957, Chief Justice Wee Chong Jin made history by becoming the first Asian member of the Bar to become Puisne judge. He then rose to become the first Asian to be made Singapore's Chief Justice in 1963. Born in Penang, Malaysia, 61 years ago, the Chief Justice
        87 words
      • 796 21 IN THE drive for foreign investment, no one has succeeded so well as Singapore's super salesman Chan Chin Bock, alternate chairman of the Economic Development Board. An ex-journallst and public relations man of Ford Motors, Chan, after joining the board in 1964, pioneered investment promotion for Singapore in
        796 words
      • Article, Illustration
        463 21 PROBABLY among the world's youngest Chiefs of General Staff, Major General Winston Choo, 37, heads the army, navy and air force. But perhaps It is only natural for a young man to take charge of a relatively young military set-up. The Singapore Armed Forces (SAF) is 13 years old
        463 words
    • Article, Illustration
      698 23 The PAP Ims had long association with trsds unions and that association is reflected in the House. Below aro th« man who represent tho voice of tho workers primarily the 220,000 strona NTUC and its affiliated unions in tho House MALACCA-born trade unionist Ivan Cuthbert Baptist. 43. is
      698 words
    • ESTABLISHMENT FIGURES
      • 648 27 ACCORDING to folk legend, the finest brains in Chinese business come from the Ningpo District of Shanghai. The greatest exemplars of that belief must be the Shaw Brothers. Together, they have created what is rirobably the world's argest chain of cinemas, nearly 150
        648 words
      • 445 27 WEALTH, influence,' patronage and power are all attributes normally associated with personalities or families. Yet in Singapore, these attributes are found not in a family but In an organisation. That organisation is Oversea Chinese Banking Corporation, an enterprise whose power and influence go far beyond the
        445 words
    • 487 29 FEW businessmen wield as much power and influence over as wide a sector of commerce and industry in their country as does Wee Cho Yaw. The millionaire banker, aged 49, exemplifies the blending of a traditional trading background with the progressive requirements of a modern banking profession. In
      487 words
    • The NEWCOMERS
      • 559 32 4b Every industrial society and V each phase of economic history hare produced their crop of alumni men who by their acumen, foresight or sheer determination have obtained wealth and power at a faster rate and in greater quantities than their contemporaries. Singapore has not produced
        559 words
      • 546 32 FOURTEEN years ago, a young mechanical engineer stood on the vast empty floor of a warehouse in Singapore's Leng Kee Road, contemplating his future. Just back from London with a diploma in mechanical engineering and another in gas turbines from Imperial College, Tan Sek
        546 words
      • 357 32 PLASTIC and polythene shopping bags, garbage bags and wrapping paper, are all part of everyday living In Singapore and therefore taken much for granted. Yet they are big business for those canny enough to take advantage of the opportunities they present. None have gone into the
        357 words
    • TOURISM
      • 795 34 COMPARING the growth in tourist arrivals to Singapore to the expansion of tourist faciljties is as vain an exercise as asking which came first, the chicken or the egg. The fact remains that the Republic is undergoing one of the healthiest spurts of tourist arrivals
        795 words
    • The IMPACT-MAKERS
      • 905 36 Devan non- striking example for unionists IN every society there •P ore o few men who exert on influence on notional affairs and outlook as great as or even greater than those wielded by politicians. Singapore is no exception. But the men whom Business Times has chosen to exemplify this
        905 words
      • 319 36 DR. HU TSU TAU'S appointment to head one of the oil giant's moot important subsidiaries probably him the highest ranking Singaporean in any multi-national corporation. This 52-year-old chemical engineer s rise can be described as fairly rapid. Not many multi-national organisations are in the habit of promoting
        319 words
      • 325 36 UNIVERSITY professors rarely attain prominence and Influence outside academla without entering the political arena. But Professor Llm Chong Yah has proved to De an exception. Being chairman of the National Wages Council since its constitution in 1971 places him right at the apex of
        325 words
    • 895 37 HOW MUCH do you pay a man who has been called the equal of the best brains In American business, who heads an airline voted the most popular In the Asian/Pacific region, chairs a billion dollar corporation with a complex of steel mills,, shipyards, factories
      895 words
    • The IMPACT-MAKERS
      • 592 37 HOWE Yoon Chong is the quintessence of the Singapore civil servant. He says little and keeps as low a profile as his job will permit but his actions and achievements speak volumes for him. In a service noted for producing men capable of handling a multitude of
        592 words
    • THE PROFESSIONALS
      • Article, Illustration
        235 38 ALTHOUGH one of the youngest professional bodies In town, the Singapore Professional Centre is also one of the most dynamic and representative of professionals here. It pulls together 21 professional organisations, representing among others, doctors, dentists, nurses, engineers, town planners serveyors, architects, chartered secretaries, chemists, therapists and scientists.
        235 words
      • Article, Illustration
        195 38 THE SHAPE and colour of modern-day Singapore are In the hands and the eyes .of Its architects. Recent years of urban redevelopment have seen some of the most feverish building activities in the city centre and this has started to spread into the suburban and rural districts. And public
        195 words
      • 182 38 WHILE the architects take an the glamour, the land surveyors, valuers and quantity surveyors of Singapore's building industry go on with the mundane existance of workhorses. It is too easily forgotten that they are as Important and relevant to Singapore's building styles. The land surveyors have the task of
        182 words
      • 109 38 LIKE THE SMA, the Law Society of Singapore is faced with the Herculean task of convincing the public that its member* generally are not the bad guys they have been made out to be by the few who have been brought to public trial. A tarnished image*
        109 words
      • 165 38 SINGAPORE'S engineers are probably the only group of professionals who have made significant contributions to the national economy but who have chosen to maintain a low profile. Organised under the Institution of Engineers Singapore, they have become a remarkable force in the growth of Singapore's
        165 words
      • 156 38 THE SINGAPORE Medical Association hai probably never faced a more difficult time than It does now, when questions are increasingly being asked about the moral obligations of doctors in the Republic. These have been brought on by recent experiences with some members of the profession, who seemed
        156 words
      • 201 38 THE SINGAPORE Society of Accountants has, in recent months, become a crusader of enlightened accounting practices in the Republic. While a lot remains to be done to upgrade the standard of service and standard of professionalism among its 2,5 M members, it is one society that can be
        201 words
    • CUSTODIANS of CULTURE
      • Article, Illustration
        545 40 4£ "Cultural leaders" is o ft top-heovy crown, one which few anywhere, not just in Singapore, could wear well. In any case, it would be too mean a tag, too facile a label, to fix on individual genius. But while there are no cultural leaders in Singapore, there ore
        545 words
      • Article, Illustration
        544 40 CHEN WEN-HSI is considered by some to be one of the great painters of our time. Certainly, his influence both in Singapore and Malaysia as a painter and teacher has been overw helming. Born in Swatow, China,< 1908, he started painting as a boy, fascinated by the sparrows and
        544 words
      • Article, Illustration
        344 40 SINGAPORE'S National Museum took on an important project in 1973 that of modernisation. The man picked to head the project was Christopher Hooi. Almost the first thing he did as director was to include the visual arts in the museum. Formerly the centre of ethnology (material culture), history and_
        344 words
      • Article, Illustration
        210 40 INDIAN DANCE can be a profound, aesthetic experience. Of the half doom or so really good dancer* in Singapore, Madhavi Krishnan may be considered the most daring, since she tries to adjust her danee to a mixed audience, moet of whom have little knowledge or exposure to the art.
        210 words
      • Article, Illustration
        362 40 GOH SOON TIOE is a name familiar to nearly every music lover in Singapore. For a long time he was the only person to go to if you bad a serious interest in the violin. While there are many fine teachers of the piano, such as Victor Doggett. Goh
        362 words
    • 964 42 ARMED WITH LITTLE MORE THAN A PHONE, A PEN AND ABACUS THEY CONTROL THE MOVEMENT OF VAST AMOUNTS OF GOODS AND MONEY THE TRADERS SINGAPORE'S latter-day reputation may have been built on Its ability to construct an industrial base and a financial centre In
      964 words
  • Page 17 Advertisements
    • 65 17 SB At the helm the Cobinet II m Civil Servants on the go IV, V Bock up to the Cobinet More thon just MPs Others in the House Figures of stoture Banker extraordinary Newcomers moke their mark XVI Singapore's selling point XVIII Where impact makers tread XX, XXI Enter the
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  • Page 18 Advertisements
    • 190 18 Rom a leader to the leaders of today and tomorrow. The Word's Slimmest "Credit Card'Calcubtas ■with the Most Practical Functions 2 "Storage" Memory Very useful for keeping records on foreign exchange rate and conversion. Even when the power is turned off, information stored in the memory and storage computer is
      190 words
    • 4 18 Second Team Page VI
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  • Page 19 Advertisements
    • 123 19 <1 1 1 7TI w a r;*T V w*-~ 7T A V rT~r I V. "J MAKE LEADERS LISTEN! Isn't that what Pro Power Akai is all about? Professional sounds that even leaders will gladly lend an ear to. Pro Power has built-in audio qualities that can stir the most
      123 words



  • Page 22 Advertisements
    • 239 22 DONT COMPROMISE when you downsize! I 5v J THE UNCOMPROMISING S PASSENGER FAMIIYCOMPACT DON'T COMPROMISE Capacious room for five adults DON'T COMPROMISE Spirited performance (060 Km/h in 14.3 sees) The average 1000 cc car will cost you in excess of $***** Nett PARF, so when you part with that kind
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  • Page 23 Advertisements
    • 27 23 3*\ R v <■*-< 2-. |n 'SSjl r wmi m i V SENSUALLY.. RODOLFO VMENITINO I LGOS/06 Lower Ground Floor. Spedofets' Centre Orchord Rood, Singapore 9. Telephone: 235Q991
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  • Page 24 Advertisements
    • 38 24 Decision makers' first choice White Label" Dewars Scotch Whisky Another quality product from J ■J V »*> f p r I i! V ialiSEl > n v *)rS FT r v& ~ws^ if < i Dewar s White Label-It never varies
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  • Page 26 Advertisements
    • 143 26 It means a lotto a krtaf people. OUB's strengths lay not merely in domestic banking, but also in internationalbanking facilities. With such financial strengths and high level banking expertise, you can rely on OUB to prosper. Overeeas ..Union Bank HabakfarMwyw* HEAD OFFICE; OUB CHAMBERS, RAFFLES PLACE, SINGAPORE 1. TEL' *****/*****5
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  • Page 27 Advertisements
    • 38 27 BE L 'INDOa iINE FT DE SUEZ Incorporated in France with limited liability Shenton House, 3 Shenton Way, Singapore 1. Tel: *****11 (15 lines) Telex Indocab RS ***** Cable: Indosuez Singapore. P. O. Box 246. HEAD OFFICE: PARIS
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  • Page 28 Advertisements
    • 152 28 Now, you can enjoy the fruits of America's space age technology right in the heart of your office. m < t s 4 I i "no 9 3 °3Q m yj X X< I J presents the world's most advanced electronic plain paper copier, the Saxon 3. Saxon 3 is
      152 words

  • Page 29 Advertisements
    • 135 29 rnmrnm ;nu mama mmmm mmmmmmmmmx k Afi4Si'«k ■> «ftti >.asa ifciii fc&fai >§«> mm i" ••'-•i lllf t* it mmmiM > |H •9H si 98 si 99 1 11 li'il vim m if H ■r SB fP" prv V > V *mr V <*•<* T* r Asia is discovering that
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  • Page 30 Advertisements
    • 49 30 v" v wfe# •>; ,N, ft' MKMUHI3 ;sa; 'Htfioßfj V UC .*l Hi iiik'Vk'" i. i WIsES® raw SNA £2# -'S-At 4 M s .i';® > >> WfiS ift.■ > >■• IJ] t.im.i*] U'jji fVKL '>' i '■mmiA-v.-. > v -V 1 y f< *J^ J; lilrf&ffitMr r J .u~*-.
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  • Page 31 Advertisements
    • 616 31 Chances are you already know about television's pacesetting colour system, Sony Trinitron. What may surprise you is that Sony established industry standards very early on in videorecording technology. In fact, Sony is the only manufacturer involved in the entire video spectrum— including products for broadcasting, business, industry, institutional and now,
      616 words


  • Page 33 Advertisements
    • 257 33 n ,1 ~*rit I r m r The Group is in regional and coastal shipping, ship agency and management, property development and management, food importing and distribution, reefer warehousing, transportation and freightforwarding, precision engineering, industrial and technical trading, oilfield services, travel and tours, car rental, data processing and insurance broking.
      257 words

  • Page 34 Advertisements
    • 65 34 u IUUUUUUUiUUI iUUt. IUILIiLUUIILU 1 t W- >■ t tttil it *JP V Urn br.9**& '.<4; M zz\ a < II k II I I t I lilt HMNIKH ••llMttlt »MH H H MMMMIIMI ■**»••«»•<•»?*»»»* m> %«*f »%•»••*< «•<••««•• OUIfHIIUIH II »t 111 »l| I litlttt 11 |Mtl)l4JII1t» iiiMiniiiiiiiiinm i»h
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  • Page 35 Advertisements
    • 78 35 -A > r 11 A• t <>. n v< r~ f rr Introducing s m s J When it conies to shoes, the discerning and fashion conscious man of today has to choose with care But now there s a total range to choose from at Bata. Using fine design,
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  • Page 38 Advertisements
    • 104 38 A&P Photo Store a leading store for your photographic needs -a Wsv n v. J* -3 4 A Once you see the superb range of photographic equipment at A P Photo Store, you'll know why it is one of the leading photographic stores in Singapore. 0 SALES Gi SERVICE A&P
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  • Page 39 Advertisements
    • 90 39 T r i IBM HELPS TOU rrn>rTi We provide you with the right solution and the right equipment whenever and wherever it is needed. IBM's proven technology and high performance equipment help people perform their work better and with greater efficiency everywhere. Our solutions can be your gain; we always
      90 words


  • Page 41 Advertisements
    • 233 41 N ►J J*r> ->V vz w',; BP X N 3) 0 BMW 7 Series 0 'Vr -JKLL i. ?r** 3& r M u I A ,?rSeries Sheer driving pleasure Beyond the dass barrier, ift a heritage. The 5 Series 7 Series BMWs technological creativity on the Timeless and Unassuming and
      233 words


  • Page 43 Advertisements
    • 110 43 Lunalilo Rise Sold Out! Now Booking Kalakaua Rise <■* I. o I r., t U; d r r >V y jU"v 1 ■if' -a m TO t I <? J wmm > ~vv > 4 IgrS® S 'Cf&f K RIDGEIUOOD a Very Special Place for Very Special I eople Open
      110 words

  • Page 44 Advertisements
    • 329 44 Our world bankers work around the world, around the dock. >:27a.m. Chicago. R Tokya6.-07p.rn. K. Furuhata, Fujitsu (left); and H. Tsurumaki, Bank of America, review Fujitsu's expanding program of electronic exports and discuss necessary documentation. London. 942 ajn. Claire Taplett and James L. Rawlings of Bank of America discuss the
      329 words