The Business Times, 5 October 1978

Microfilm: NL9863
Total Pages: 16
1 16 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 THURSDAY, OCTOBER 5, 1978 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Saudi oil exports
      70 1 Reuter. RIYADH, Wed. Saudi Arabia's oil exports rose by 3 per cent to almost seven million barrels a day in August compared with the previous month. The official Saudi press agency reported today that August exports averaged 6,955,862 barrels dally, slightly lower than the average for the
      Reuter.  -  70 words
    • Article
      Private sector invited
      66 1 KUALA LUMPUR, Wed. The Federal Industrial Development Authority has issued about 150 invitations to a wide cross-section of the private sector to Join the Malaysian Investment mission to Japan beginning on Oct. 30. So far, there has been encouraging response from those invited. This Is in keeping
      66 words
    • Article
      Lock icon Hanoi-KL air pact?
      73 1 AFP. KUALA LUMPUR, Wed. Malaysia and Vietnam began talks here today for the conclusion of an air agreement that is expected to be signed during Vietnamese Premier Pham Van Dong's visit later this month. Director-general of civil aviation Hamzah Majid, who Is leading Malaysia's team in the
      AFP.  -  73 words
    • Article
      Lock icon Dollar slumps
      73 1 AP. FRANKFURT, Wed. The dollar slumped to a new record low against the German mark on the Frankfurt foreign currency market today where the greenback was fixed below the psychological 1.90-mark (552.18) barrier. The US currency was fixed at 1.8960 marks, down from Tuesday's fixing of 1.9268 and
      AP.  -  73 words
    • Article
      Lock icon Tin deficit
      73 1 Reuter. LONDON, Wed. The International Tin Council today slightly reduced Its estimate of the deficit In newly mined tin to under 5,000 tonnes of tin-in-concentrates for calendar 1978. The council also heard a statement from Bolivia protesting at proposed US sales of tin surplus to strategic stockpiles. But
      Reuter.  -  73 words
    • Article
      Lock icon Isuzu in Thailand
      46 1 UPI. TOKYO, Wed. Isuzu Motor Co. said it has established a new company In Thailand to start dlesel engine production in two years. The company, called Thai Isuzu Engine, will eventually produce 30,000 dlesel engines ranging from 50 horsepower to 200 horsepower. UPI.
      UPI.  -  46 words
    • Article
      Lock icon Debt cancellation
      91 1 UPI. BONN, Wed. The West German government announced today it is prepared to cancel the debts of about 30 of the world's poorest countries In line with the proposals of the United Nations Conference on Trade and Development. Rainer Offergeld, Minister for Economic Cooperation, told a news conference
      UPI.  -  91 words
    • Article
      Lock icon Dow Jones
      51 1 UPI NEW YORK, Wed. Prices headed lower today across a broad front In slow trading of New York Stock Exchange Issues. The Dow Jones Industrial average was behind 4.84 to 863.04 shortly before 1500 OMT. Declines routed advances, 653 to 282, among the 1,378 Issues crossing the tape.
      UPI  -  51 words
  • Chief Price Changes
    • Article
      In Singapore yesterday
      130 1 Rises Most active M Breweries 670 OCBC 900 FAN 580 (AC 560 S Finance 342 Nat Iron 620 Sin Chew 374 Guinness 735 Carlsberg 630 M Banking 535 Tractors 530 Straits Trading 595 Spore Merlin 390 Nanyang Preas 346 C Sugars 342 UOI 299 Cold Storage 290
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    • Article, Illustration
      In Kuala Lumpur
      158 1 Rises Most active (X'BC Boustead C and C Con Pit Wnt Austral E. S Trading N. Iron Tan Chong I>l and Pen Sri Coconuts Tractors M. Banking F and N Sea View 9.10 2.90 5.60 4.20 3.00 6.15 6.25 3 20 3.22 3.30 5 30 5 40
      158 words
  • Article
    Code of conduct for forex dealers
    760 1  -  FAIRER COMPETITION By COLIN CHEE THE Monetary Authority of Singapore, together with top bankers, has worked out a code of conduct for dealers and brokers in the foreign exchange and currency deposit markets. Called the "Guide to conduct and market practice in foreign exchange
    760 words
  • Article
    SPC plans for single buoy
    288 1  -  By RONNIE LIM SINGAPORE Petroleum Company is considering a single buoy mooring project for its refinery on Pulau Merlimau. The project, enabling very large crude carriers (VLCCs) to discharge crude at the refinery at the single point, is essentially for economics of transportation. This follows
    288 words
  • Article
    NOL may take the plunge into insurance
    540 1 NEPTUNE Orient Lines, the national shipping line, may tie up with a local Insurer, a London insurance broker and possibly others to form a local Insurance broking firm. The state-owned company, however, has yet to come to a decision. It has already been
    540 words
  • Article
    Lock icon Jakarta makes DM100m issue
    209 1 AFP INDONESIA this week issued 100 million Deutsche marks (Sslls million) In government bonds for sale in West Germany, the State Secretary, General Sudharmono. said yesterday. He said the bonds have a six-year maturity and carry a 7 per cent annual Interest. Indonesia's Acting Finance Minister,
    AFP  -  209 words
  • Article
    REVIEW OF UREA PROJECT REPORT
    96 1 MALAYSIA'S Trade and Industry Ministry and national oil company, Petronas. are reviewing the feasibility report carried out by C. Itoh on Its proposed Asean urea project, Japanese Embassy second secretary Satoshl Hara said. The review was needed because the sixth Asean meeting tn Jakarta last
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  • Article
    Rubber prices are bouncing higher each day
    305 1 PRICES of rubber have touched their highest level here since 1974 and traders are confident prices will firm farther in the short term. The market has been on the uptrend throughout this year, rising from $1.95 per kilo to its current level of
    305 words
  • Article
    Bulls charge back into the stock market
    419 1  -  By PETER CHIA THE LOCAL stock market yesterday staged a spectacular recovery as bulls moved firmly back In command. Across the board, gains were registered for most counters sending short sellers rushing for cover. Only two counters. Malayan Tin and Chemical Company of
    419 words
  • Article
    Lock icon KL helps B'desh
    115 1 AFP A TEAM of Malaysian rubberexperts will leave for Bangladesh todaj'to ItnA out how Malaysia can help strengthen Bangladesh's natural rubber Industry. The five-man team, led by the deputy controller of the Malaysian Rubber Research and Development Board. Enclk Ahmad Farouk. will spend a week there. He
    AFP  -  115 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      5 1 Maxell CLEAN CLEAR SOUND ALWAYS
      5 words
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      Page 1 Advertisements Column 2
      128 1 U v K rata t A MOST DISTINCiULSHEI) GSR! Peugeot 604 exudes luxury. It's rigid body is protected by Electrophoresis and six handsprayed coats of paint plus a top layer of varnish. Insulation from noise and vibration is achieved via a floating differential, seats that are tuned to the fully
      128 words
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      Page 1 Advertisements Column 3
      4 1 SHIPPING TIMES 7, STRAWS
      4 words
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      Page 1 Advertisements Column 4
      340 1 (I AKAI AUDIO COMBNED SYSTEM E2SQ Nowadays we can 7 think of a hatter way to present a quality sound system than the Pro I. The audio experts at the Ahat laboratory stuosos in Japan have selected five top components and neatly fitted them into e upright shelf that s
      340 words
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  • TRADE AND INDUSTRY
    • Article
      When social security systems wreak havoc
      556 2 SOCIAL security systems in the West are now turning into nightmares of rising costs and mounting tax burdens. This note of concern was sounded yesterday by Mr. K.W. Steel, chairman of the Life Offices' Association of Australia. Speaking during the 9th Conference of the
      556 words
    • Article, Illustration
      Adopt risk management approach
      628 2  -  By Soh Tiang Keng THE INSURANCE industry in South-east Asia should adopt the risk management approach instead of offering standardised insurance packages to clients. This was suggested yesterday by Mr. Leo Siak Fah,chairman of East West Insurance in Malaysia. Speaking during the fourday conference of the
      628 words
    • Article
      Japan keen on uranium
      109 2 JAPAN is anxious to sign contracts for large exports of Australian uranium, a former Japanese government minister said. Mr.Toshinobu Wada, former International Trade and Industry vice-minister, said supplies of Australian uranium and the acceptance of nuclear energy in Japan will be essential for the future of
      109 words
    • Article
      Textile talks
      54 2 TEXTILES, a major bone of contention between Hongkong and the European Common Market last year, were at the centre of what were described as amicable discussions between local trade officials and an EEC delegation visiting the Colony. The delegation, led by EEC Commission vice-presi-dent Wilhelm Haferkampf, is spending
      54 words
    • Article, Illustration
      'SELL UK' TEAM IN STORE
      92 2 A FIVE-MAN Mitt aatoe misslaa k»i Arrived k Sappart m aa Wtlrife "sell Brttala" caa^lga. Billhfc Airway*. The team, repreeeatfag the British Teerlst Rail, Trast Hmsm Parte, the warM*a largest hetel, catertag ul Msue graap, AasMtj Dlinwli (Leadea) aad Travel Apiilisli Ltd., will vMt travel
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    • Article
      Aussie food mission on tour
      112 2 A 12-man food trade mission from South Australia is in Singapore to assess the local market for fresh and processed foodstuffs. The mission has been organised by the South Australian Department of Agriculture and Fisheries with the assistance of the South Australian Department of Economic
      112 words
    • Article
      MMC TO OFFER 40pc OF ASHTON EQUITY
      743 2 MALAYSIAN Mining Corporation will soon offer for public subscription to Australians 40 per cent of the equity of Ashton Mining NL, its diamond venture in West Australia. It may later offer some of its interest to the Malaysian public. This was stated by
      743 words
    • Article
      Call to start palm oil scheme now
      393 2 THE OIL Palm Growers Council of Malaysia (OPGC), disheartened by the lack of firm action by the authorities to implement the registration of forward contracts of palm oil, has reiterated that the scheme should be introduced as soon as possible. The growers want
      393 words
    • Article, Illustration
      PEOPLE IN BUSINESS
      248 2 MR. GEOBGE ARENAS has been appointed senior administrative officer of AFIA Worldwide Insurance's operations in Southeast Asia, Australia and New Zealand. Joining AFIA in 1960, Mr. Arenas has held branch and country management posts in AFIA's field organisation. The Bank of Canton has announced the appointment of
      248 words
    • Article
      MEMO PAD
      342 2 COURSES AND TALKS Sept 1 Oct 6: A practical approach to computerised management information system (MIS), SIM, SIM Sept 26-Oct 12: Industrial Relations, Holiday Inn, P.O.D. Oct 5-6: Mergers for managers, Hilton, Consulasia Oct 6-28: The effective executive, SIM, SIM Oct 10-11: Metallic corrosion its causes and prevention,
      342 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      343 2 Salesmen: Get more -MtM results! \mtmL DEVELOP MORE SELLING CONFIDENCE. DALE carnigii CLOSE MOKE SALES. f—*. MAKE MORE MONEY. Every ■■■■lon oi the Del* Carnogl* Solee Court* brims onf wyiiti prtctlcil soMrq tools ttiot you con IM In every call you make. Tho Courae teochoe motlvatlonol nUInQ In i way
      343 words
  • Page 2 Miscellaneous
    • Miscellaneous
      Page 2 Miscellaneous Column 1
      639 2 TWO-IN-t t CRYPTIC PUZZLE ff ACROSS 1 Not a fine play? (4) 4 Drink it. Bert! (6) 8 Cool pet? (3) 10 Runners getting a sloppy kiss (4) 13 A check on absenteeism? (4, 4) 14 Subject taught by a past master? (7) 15 Song-writing weather (6) 17 Light entertainment
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      98 3 I ti/nu iM ■>• |»9P&dgi "f SJ s ill]# MAM PHCH/NEjRI EXHIBITION i<- m t 1 L lascqbloc ■wis a at m at i m SfiSSk Machine DW 4-TCDI-HM 2 Multipique t-T. 80 Q n V Machine -iFilusap Collective Packing Machine comprising collecting and feeding device sealing and trimming unit
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  • RAW MATERIALS
    • Article
      LOCAL AND FOREIGN RUBBER
      457 4 THE Singapore market yesterday closed slightly easier with October One RSS buyer quoted at 256.00 cents/kilo, down 0.50 cents. Prices rose some one cent in early afternoon trading on China s acceptances of RSS One, Two. Three and Four from Singapore and Malaysia but fell back
      457 words
    • Article
      RAS PRICES
      396 4 HAS price* in cent* per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 RS.S. prompt f.o.b. 253.75 254.7SN 254.50 255.50N Int 1 R S S. Oct 255 25 255.75 258.00 258.50 Int 1 R.S.S. Nov 280 25 280.50 281 00 281.50 Int.
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    • Article
      SSR AND SMR
      101 4 NOON SSR and SMR prices yesterday: HAS OcU tor November (Curra it Mth) (Forward Mtb) Buyer* Seller* Buyer Seller* (cent* per kf) (en >Uperkf) SSR 20 (1-ton pallet) 229 00 231. OON 230.00 232.OON SSR SO (1 ton pallet) 227 00 229.00N 228 00 230.OON MRELB SMR5CV
      101 words
    • Article
      Closing prices
      30 4 Rubber: iOct 4 Singapore: Oct 256.00 (down 0.50 cent) Malaysia: Oct 262.25 cents (down 0.25 cent) Tin: M 51,866 (down $14) Official offering: 175 tonnes (up 44 tonnes)
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    • Article
      Rice
      212 4 BANGKOK rice prices were quoted as follows yesterday: (In US dollars per tonne F. 0.8. basis Bangkok) W)du Rjce: 100 pet Ift Class 402. 100 r:t 2nd class 387. 100 pet 3rd class 382, pet 377. 10 pet 352, IS pet 347, 20 pet 342. 25 pet 332 35
      212 words
    • Article
      Lead
      68 4 LEAD rose by around £5 per tone in London yesterday. The early pre-market advanced sharply to set a 16month high of £398 per tonne for Three Months as trade short-covering and chart-buying was prompted by good general physical demand which Included further Soviet enquiry. Profit-taking and pricing sales developed
      68 words
    • Article
      Produce exchange
      377 4 THE Singapore produce market was quiet day. However, prices fbr most commodities, with the exception of coconut oil and copra, held steady. The destruction of a substantial copra crop in the Philippines by tyhoon helped prices to a firm close. 'Nominal quotes from the Singapore Chinese Produce Exchange
      377 words
    • Article
      Hongkong comex
      161 4 THE sugar market closed easier In moderately active trading yesterday, dealers said. Lots traded rose to 15 from 12, and the market ruled fairly firm throughout, although profit-taking set In at the finish. January was quoted at a closing 9.20/32 against 9.15/20 previously and March at 9.40/45. Sugar
      161 words
    • Article
      SPOT PRICES
      194 4 YARN and cotton In Hongkong dollars, spot ex-godown: Cotton Yam China: Blue Phoenix 20'S 1.840. 32's 2.820. 40 s 2.750 (per bale of 400 lbs Woe« Goods China: Butterfly and Olobe brand unq. Dragon Head unq. Five Lambs unq. Flower and Butterfly unq. Flying Geese unq. (per piece
      194 words
    • Article
      Coffee
      252 4 ROBUSTA futures yesterday closed the morning in London about steady, down from the session highs but still £16 to £7 up from Tuesday. Turnover was 2,435 lots including three options and around 700 lots of self trades. Dealers said earlier buyine Interest which pushed values up to the highs
      252 words
    • Article
      Palm oil
      81 4 C.I.F. North European port* In US dollara per ton unlets otherwise stated LONDON Tmaday PiiiI— Malaysia 5% ffa bulk per tonne November Sumatra 5* ffa September October November December January Feb 012 air unch MO alr/835/837 Vt pd 820 alr/817 V02O/817 M pd 812* Slr/807 Vi/810pd 805 slr/595/800
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    • Article
      Cocoa
      206 4 TERMIN ALcocoa In London on Tuesday staged a sharp advance In late trading, partly against New York, to close around session highs with on balance gains of £35.50 to €10 per tonne. Turnover totalled 2466 lots Including seven options and 725 lots crossed. Traders attributed the rise to chart
      206 words
    • Article
      Straits tin
      218 4 THE Straits tin price in Penang dropped MS 14 per plcul to $1,866 yesterday. Due to lack of support at higher levels, the market fell back on slightly larger supplies of tin concentrates from miners. Total turnover amounted to 175 tonnes from 131 tonnes on Tuesday with no
      218 words
    • Article
      Sugar
      382 4 RAW sugar terminal opened C 1.35 to C 0.25 per tonne down from Friday's 1700 hrs levels in London yesterday. Turnover totalled 982 lots. Dealers said the market moved lower under trade and local selling, profittaking and long liquidation prompted by strength of sterling against the dollar and the
      382 words
    • Article
      Zinc
      61 4 ZINC closed the ring down 11 for cash and £1.5 for Three Months In London yesterday. Zinc followed the early uptrend In other base metals on short-covering and some chart buying to 1*357 for Three Months on the pre-market. However, fairly persistent profit-taking and hedge selling emerged In the
      61 words
    • Article
      Soybean
      179 4 CHICAGO soybean futures on Tuesday closed about two cents below the highs of an eight-cent trading range, posting gains of 3-1/4 to 1/4 cents a bushel. The market shrugged off midsession weakness as it rallied In response to late strength in soybean oil futures. The market resisted an extensive
      179 words
    • Article
      Wheat
      90 4 CHICAOO wheat futures on Tuesday closed mostly 1-3/4 to 1/2 cent a bushel tower, although the two back months finished unchanged to 1/3 cent higher. Final prices were about one-cent from the day's lows. The market made gains of ut two cents In early dealings, with the aid of
      90 words
    • Article
      Copper
      304 4 COPPER wirebars finished yesterday morning up mostly C 0.5 per tonne in London. The early pre-markel was steady following news that Zambia is to cut back by 50 per cent its contractual deliveries to fabricators next year with short-covering taking Three Months up to L 772 per tonne. Profit-taking
      304 words
    • Article
      Silver
      212 4 SILVER on the LME was up mostly 5.4 pence in London on Tuesday. Prices were given a further boost after lunch by a record high gold price and the trend at New York. Short-covering lifted Three Months to 302.2 pence on the kerb. Morning values advanced aided by overnight
      212 words
    • Article
      Gold
      445 4 THE kllobar in Singapore opened at 5515,917 and closed higher at $15,972 yesterday. The highest and lowest of the day were $15,900 and $15,904 respectively. The market was quiet. Spot gold for London delivery opened at U*****.00/30 and closed significantly higher at $223.20/.60. The highest level for the day
      445 words
    • Article
      Aluminium
      62 4 ALUMINIUM was unchanged in London on Tuesday. There was no expansion in trading during the afternoon and price movements were negligible. Morning trading was quieter than at Monday's opening to the new contract as operators appeared to be adopting a cautious attitude. Moderately higher pre-market levels were not maintained
      62 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        469 4 THE foreign exchange market yesterday saw cautious trading with the US dollar easing marginally In the afternoon after London opened. Against the Japanese yen, the US currency opened at 186.70/80 and was slowly traded up to 187.00/10 during lunch time. London trading, however, got the dollar slightly lower
        469 words
      • Article
        Asian $ & CD rates
        109 4 Asian CD rates ASIAN rales u currency deposit at clow on Oct 4. Interbank US Mil Offer ir»<8p*> ay 6H 89/16 17/16 8% 97/16 95/16 9% 9\ 9 15/16 9 13/16 915/1# 919/16 Sw.Frs. On 1 mth.. 3 ruths 3H Raa. Ext. C 1 mth Prto—i 3 mths not Smths
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      • Article
        Discount
        43 4 RANGE of price* offend by discount houses on Oct 4: Overnight 2-3%* Oil deposit! 3%% Cteetac B*yta« 8.UIM 3-month Treasury bills 3 9/16 37/16 3-month Bank Mils 611/16 66/16 3-month CD 71/6 7 6-month CD 71/4 71/6 Source: National Discount Co Ltd
        43 words
      • Article
        Euro $ rates
        157 4 Euro rates LONDON period Eurodollar deposit rates were adjusted lower yesterday for the Friday start to dealings and traded mostly steady In quiet early business, dealers said. Initial technical losses in fixed dates ranged from around 7/16 In One Month to 1/16 In longer positions, with the loss of a
        157 words
      • Article
        Treasury bills
        51 4 THE Monetary Authority of Singapore Invites tenders for a total of t2O million 91day Treasury bills to be issued at the option of the tenderer on any working day from Oct 9 to Oct 13. Each tender for Treasury Mils must be for an amount not less than
        51 words
      • Article
        London
        184 4 THE dollar yesterday continued to fall rapidly In early dealings here, opening at a new low against the mark of 1.8985/9000 after 1.9115/30 overnight, dealers said. There were no few factors. Oold continued to firm, opening at $223.20/ 223.70, then firming to 223.50/ 224.00 compared with $222.00/ an ounce
        184 words
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        New York
        179 4 THE dollar on Tuesday closed significantly lower against major currencies In generally quiet but nervous trading, dealers said. They said the dollar's weakness was based on a sheet out of the Swiss franc into other currencies, and particularly the mark, as a result of the Swiss measures announced
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        Hongkong
        210 4 THE U8 dollar yesterday fell from overnight US levels in fairly active but nervous trading, especially against the mark, dealers said. Trading for most of the session was nervous and thin, but as European operators entered the market, activity Increased and pressure on the dollarmark became greater, as dealers
        210 words
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        Tokyo
        174 4 THE dollar for overnight delivery closed lower at 187.10 yen yesterday, compared with a 187.30 opening, after falling briefly to 186.50 yen In early trading, dealers said. The US currency fell sharply In early trading on dollar selling by foreign banks to buy yen for overseas centres following Its
        174 words
      • Article
        Australia/NZ
        39 4 AUSTRALIA NZ exchanges quotas yesterday US dir 1.1818/1.1887 Sterling 0 5803/0.5837 Htorty-(tayau mall buying rates US dlrs 1.1885 5T79 nrl> bU7to US din* 1 15*7 NBW ZEALAND: Starting 0 5400 0 5J71 US dlr 1.8877/1.8877 US dlrl 0999
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        Zurich
        44 4 ZURICH exchanges closing quotas on Tuesday. US 1.5710-57* Stf 3 1000-1125 Can 1.3180-S2lO Dmk (2 1000-1025 Dfl 75 7800-7188 Ttr 88. 4800 IH Bfr 5.1880-1860 Dkr 28 5800-8258 SSftSHS Ut 0 .1815-1818 fS.TJWSSi"" Spain 2 1875-1888 Ari 0 1880 art Ten 8.1888 8188
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        Frankfurt
        37 4 FRANKFURT exchanges closing quotes on Oct S. US *.6150/86 Can l 1180/50 stf i.-msm Dfl 82.14/ M SfT *****/46 LKX.SU/M8 Ttr 44 40/80 Tan *****/28 Bfr (con) 8 541/363 Bfr (fin) 6.038/ MB Nkr 37 TO/80
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      166 4 COLLKTINQ Oriental fINTiGWLf ra X i v STA\ 0* 9 ;V t «v a by Judith Moorhouse and Dries Blitz Hamlyn Qroup, London. Oriental antiques have always fascinated collectors throughout the world, evoking as they do the exotic and Inscrutable East. It is, however, widely believed that they are too
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  • TRANSPORT
    • Article
      Lock icon Penang to expand its facilities
      388 5 AFP. THE Penang Port Commission hat embarked on a multi-million-dollar expansion programme to meet the anticipated growth of cargo traffic and to provide specialised cargo handling facilities. The expansion programme includes the construction of a MJ24 million container cum roll-on roll-off berth, according to the
      AFP.  -  388 words
    • Article
      Upward trend in container leases
      704 5  -  TERMINAL A BOOST TO DEMAND By RAHIM KASSIM UNI-FLEX Container, the US-based container leasing company division of FlexiVan, started operating in Singapore more than three years ago by leasing about 50 containers a month but the figure has nowmultiplied to nearly 300 TEUs monthly. The
      704 words
    • Article, Illustration
      Vessels in short supply
      264 5 THE OFFSHORE Mutry in the Amu reglsn has come sf age. It hat matured beyond the exptoratiea stage to that sf aetoal mdsettoi as evSdeaeed by the aameroas prodsctiea platforms that have sprouted sff the esasts sf Malaysia, Brunei, Philippines and the Indsnrsisa IK*With this ehaage
      264 words
    • Article, Illustration
      SHIPS IN PORT
      320 5 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Mas (0630) 19 Fernandoeverett (after re™™. Bakke) 38/39 Hoegh Opal (1100 after lonian Sea) 6/7 Iweri (0700) 25 Kamesk Uralskiy (1100) 13/14 King Tower (0600 after St. Louis Maru) 33/34 Lumut (***** 21 East Palm Sea Horse (0600)16 Tagaytay (after Terrier)
      320 words
    • Article
      Lock icon US tightens laws to avert spills
      285 5 UPI. THE US House of Representatives has passed and sent to President Carter a bill strenthening the US Coast Guards' authority to regulate tanker safety and to close US ports to tankers with a history of oil spills or other violations. The legislation is
      UPI.  -  285 words
    • Article
      Lock icon London freight market
      224 5 UPI GENERALLY quiet conditions prevailed on the London freight market on Tuesday, but time charter enquiry remained fairly encouraging. Atlantic bulker rates, although no fresh fixing emerged, remained weak but Far East prospects still look firm for large bulk carriers. An example of strength in the Far
      UPI  -  224 words
    • Article
      Lock icon SHIP DESIGNED FOR BOTH WAR AND PEACE
      169 5 UPI THE Maritime Administration has designed a ship suitable for both wartime emergency production and peacetime commercial uses. The ship's design will be formally unveiled on Nov. 6 at a government-industry mobilisation ship conference, an Administration spokesman said. "We deckled to reverse the
      UPI  -  169 words
    • Article
      Lock icon Tokyo to aid yards
      64 5 Reuter. THE Japanese cabinet decided to present to the Parliament (Diet) a bill to set up an association to buy surplus facilities from smallershipbuilden now in the throes of a rsr—ion. The government has planned to ask local shipbuilders to freeze an average of 36 per
      Reuter.  -  64 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      727 5 ARRIVALS Service Local Operator Number Time Froa MAS MH601 0700 KUL MAS MH682 0725 KCH SIA SQ101 0815 KUL MAS MH621 0840 PEW MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL v CPA CX710 1005 HLP RBA BI323 1025 BWN GIA GA90O 1030 HLP MAS MH605 1045
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  • Article
    Something Sisir cannot do
    298 6 SISIR'S bold new approach in offering both Its product development expertise and Its money up front to back new plants and related product lines by manufacturers is highly commendable. It also reflects concern on the government's part that Singapore manufacturers are slow to respond to the
    298 words
  • Article
    No control like self control
    241 6 f A CODE of conduct Is rarely more than a declaration of Intent. Like most declarations of this nature, much hot air Is blown over the need for order, discipline and good behaviour. Many players in the game will hall such codes as rigorous, necessary
    241 words
  • Article, Illustration
    UDA the prime mover
    664 6 Buildings are- springing up faster in Kuala Lumpur than businessmen are moving into them. And it is Malaysia's Urban Development Authority which is right in the thick of thl« building frenzy. Malaysian Business Times surveyed commercial property development recently and came up with some observations THE
    664 words
  • Article, Illustration
    KL SHOPSPACE GLUT
    1495 6 KUALA Lumpur has now achieved the dubious honour of having joined the ranks of the world's major cities, with commercial property development so advanced that it is consistently keeping ahead of demand. It is estimated that the city will have almost 74,320 sq hectares of office space
    1,495 words
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      Page 6 Advertisements Column 1
      180 6 V tiUDelicious food I* «rv id CwffU HenkeUTrocken The awardwinning sparkling wine from Germany. Delicious food at its most glorious awaits you at 'j-jluuiltrlrrr A h.' ln!'. f->r,Hlti! |l f>'i <1 1,1. .it I'Mnlh I.ist. th. 'IH,M n> (Itt< *.it> M-ic: s S i 111 *.»»!>» sh« St 1 r»t
      180 words
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      Page 6 Advertisements Column 2
      19 6 EXECUTIVE CHEF: LEO WALOMEIER. MAITRE D HOTEL: WILLIAM TAN. SINGAPORE HILTON 2ND FLOOR For reservations ring *****3 extn 2536
      19 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      61 6 WEATHER outlook for Singapore from 6 a.m. to noon today: Mainly fair: Repot for 24 hours prior to 7.30 pm on Oct 4 at the airport: Maximum Temperature 32.0° C Associated Humidity 62 Minimum Temperature 59.9° C Associated Humidity 90 Hours of Sunshine 8.96 Rainfall in Millimetres Nil Total Rainfall
      61 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      280 6 SINGAPORE 5 3.00 PM Opening announcements followed by Star Performance Interlude 3.30 Diary of Events (Chinese) 0 3.35 Home Sweet Home with English subtitles (Repeat) a Mandarin drama serial 0 4.20 Intermission 6.05 Opening announcements followed by What's My Line 6.30 News in Brief 0 6.35 The Struggle for Survival
      280 words
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  • Article, Illustration
    SOME DO'S AND DONT'S
    1831 7  -  Foreign exchange dealings H COLIN CHEE DURING the late hours of lunch, in the corner of a suitably dimmed, thickly carpeted restaurant In town, two well dressed youftg executives In their twenties huddle over coffee, deep In conversation. They seem ordinary enough, like the other exe-cutlve-types
    1,831 words
  • Article
    STRAWS IN THE WIND
    381 7 THERE must be a small Soup of advertisers who ipe that buses get Into accidents more often. The boh us is the well-exposed advertisement on the backpctftel of the bus which comes out very well In the newspapers the next day, when accounts of the accident
    381 words
  • Article
    Very serious allegation
    178 7 Letters to the Editor Dear Sir. Mr. Paul Wilton, writing in the Far Eastern Economic Review, alleged that certain members of the Stock Exchange of Singapore committee had acted on privileged information. He said that according to brokers, two firms whose members were represented on the committee
    178 words
  • Article
    Greater objectivity
    348 7 Dear Sir I read with great interest your headlines "Sime Darby leads fall In market". Allegation of insider trading unfounded and editorial of Sept 27. 1978. I think we all agree that while a correction In stock prices is due, the recent downward reaction was overdone and reflected
    348 words
  • Article
    The trouble with Europe's steel firms
    789 7  -  FORUM r ...on steel L 4 •y CHARLES RILL Charles Bell is a columnist for the Washington Star. THE European steel Industry, which has been lurching from one crisis to the next ever since the 1973 oil price rise, received another shock recently when
    789 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      347 7 5 «3 HI Ulti A delightful occasion to remember. Sing along with our resident singer and guitarist Patrick Lee, strumming old favourites and new hits to special requests. jfariZßAß ORCHID INN Duneam Road, Singapore. Tel: *****2 HOTEL MALAYSIA 40 Cuscaden Road, Singapore 9 Tel: *****1 THE MANDARIN SINGAPORE 333 Orchard
      347 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      78 7 BnStdW-rPWkltckienS "fee net— »s ujorxing.. sf\cße Noon De i Hfwe Pitioueo OOR STOCKS OF t>eu 1 ivve. OJC TufVT VILC CONCOCTiOi Tq GUN OOvjK IV4\rtG> so TrtPrt mry HUNGRY CHGNTeuL o*€f DCeftOS |J^- L ThG OF 1 r {OOP SUFFER oLN coo ceo J TOPHRTO KeTc HOP U) SN/mPToOTS Twe
      78 words
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  • INTERNATIONAL STOCKS MARKETS
    • Article
      Jo'burg
      313 8 OCT 03 Rand INDCSTWAL8 A Alpha 125 unch Aberrom 195 unch AE And CI 335 unch A MIC 1030 Barlows 420 unch C* Sugar 495 unch t'NA 210 unch Currte Finance 88 unch De Beers Ind 1200 Edcon 280 Edgars 3300B Eveready 200 Fed Voile 195 +5 Fugit 95B
      313 words
    • Article
      Selected indices
      62 8 FINANCIAL TIMES INDUSTRIALS Tuesday 505.2 Monday 499.2 Week Ago 514.2 DOW JONES AVERAGE INDUSTRIALS Tuesday 867.90 Monday 871.36 Week Ago 868.16 LONDON DOLLAR PREMIUM Tuesday 82 to 82'2 Monday 82 to 82 H.K. HANG SENG Wednesday 612.60 Tuesday 622.53 Week Ago 637.77 SYDNEY INDUSTRIALS Wednesday 471.50 Tuesday 471.45
      62 words
    • Article
      Milan ends higher
      499 8 EUROPEAN MARKETS MILAN stocks closed generally higher in active trading on Tuesday. Fiat closed higher, though below the day's best levels. B«>l h Olivettis. both Pirellis and Bastogi also gained and banking slwres strengthened. Assicurazioni General! and Montedison closed slightly lower. Bonds were mixed. Amsterdam share prices
      499 words
    • Article
      Milan
      100 8 (XT Lire Anic 106 0.25 Assoc Gen ***** -130 BastoRi 669 19 Cenlrale 5810 -50 Kiat 3122 +65 Fin.sider 195 4 5 Uen lninioh 95 IF 1 Pri 2871 +21 Italcementi ***** 1000 ItalRUS 819 15 Italstder 385 unch MjiunetiMFf 560 +20 relit Ere 340 10 Med lob *****
      100 words
    • Article
      Paris
      284 8 OCT 03 Frs CORBEILLK Air-Liquide 383 +5 B S N Gervals llii none 610 >10 C S K (ThomsonCsli 418 1.2 Ctp Francaise rips Pctroles 143 50 -0.5 Compagnle Financier* Compagnie Generate 421 -5 I rprtil Fonder Dp France 394 4 Hachetle (Librairlp) 286 1 Machines Bull 58 50
      284 words
    • Article
      Zurich
      190 8 OCT 0.1 Francs Act Ions Suisses 206 -2 Alusuisse Br 1015 -40 MmMN Reg 458 -15 Brown Boveri Br. 1555 -10 Cibu Geigy Br 960 -20 Ciba Geigy PC 725 -20 Ciba Geigy Reg 563 -5 Credit Suisse Br 2240 -55 (Yedit Suisse Reg 421 -7 Elektrowatt Br. 1800xd
      190 words
    • Article
      Brussels
      97 8 OCT 03 Frs FORWARD MARKET Arec 436 -4 Arbed f 2480 -20 Astur 746 Brascun 463 2 Bru-Lumb 1645 +5 t'anpac 636 unch Cock 480 -9 De Beers 218 I Ebes 2325 15 Elect robel 6800 •20 Gh-Inno-Bin 2460 10 Gev 1488 20 Hobok 2950 unch Petro 3800 +20
      97 words
    • Article
      Amsterdam
      225 8 OCT 93 Fls ABN 380 00 +2.5 Ahold 122 00 18 Akzo 33 20 ♦0 4 AMEV 91 40 ♦0.4 Am fas 113 90 1.4 Amrot Bunk 79 40 ♦0 9 B»tkoss 63 00 ♦2 5 Kerk 94 00 unch Hoi* 77 00 1 Horsumij 166 00 1.5 Burhmann
      225 words
    • Article
      Frankfurt
      224 8 OCT *3 Dm Aef-Telefunken 87 90 +0.2 Aksu 30.50 +0.4 Allz Deben Allz Vers 524 3 BASK 142.70 +0.7 BuyHTWbank 300B Buy Vbank 353 +8.5 Buyer 144 50 +0.2 BBC' 326 BMW 234.00 2 2 t assel la 422 Chem Verw 288 50 1.4 Comnierzbank 234 50 +2.5 Contl
      224 words
    • Article
      Lock icon Latin Americans, Arabs open bank
      121 8 AP. A NEW financial link between Arab and Latin American countries was established In Lima, Peru on Monday with the formal opening of the Arab Latin American Bank. The bank, with US$lOO million capital from 27 financial institutions in 18 countries, was formed by financial
      AP.  -  121 words
    • Article
      Moderate trading
      1211 8 NEW YORK STOCKS (ell In moderate holiday trading on Tuesday, beset by Interest rate and Inflation worries and battered by a sharp decline In the dollar and record gold price levels. Analysts said interest rate worries sapped the market's recent technical strength while President Carter held a cabinet'
      1,211 words
    • Article
      Turnover still high
      608 8 TOKYO THE market was bullish centring on stocks with a good business outlook and Incen-tive-backed Issues, although the yen rate against the dollar rose sharply again. Institutional Investors in-? eluding foreign and corporate Investors were heavy buyers of stocks of the Matsushita and Toyota groups. Turnover and
      608 words
    • Article
      Lock icon Hongkong
      397 8 Source: SHK Sec Ltd A SLIOHTLY firmer opening yesterday with most interest centred on HK Land gave way to persistent small sellers and a general lack of Interest or confusion ahead of HK Wharf results on Monday and increasing Interest rates in HK. Overnight money touched 91/8 per cent
      Source: SHK Sec Ltd  -  397 words
    • Article
      CHICAOO BOARD OPTIONS
      1888 8 October 3 CHICAGO Board Options Exchange volume expanded to 101,375 contracts on Tuesday from Monday's 68,504. OPTION8 OCT JAN A PL STOCK Alcoa Alcoa Alcoa Am Tel Am Tel Am Tel AUR AUR AUR Avon Avon-P Avon Avon-P Avon Avon-P Avon Avon-P Bank Am Bank Am Bank
      1,888 words
    • Article
      Sydney
      335 8 THE market eased but losses among leaders were less severe yesterday. BHP fell two cents to ASS.6O, CSR four t0*3.46. Tooths five to SI.S3, and Tooheys one to 51.44. Most banks eased a few cents but Bank of NSW rose four to $7.72. Bougainville rose three to SI M
      335 words
    • Article
      Manila
      112 8 OCT *4 Pesos vAcoje Mining .0125 unch Atlas Con A Atlas Con B 24 30 11 Bagulo Gold .015 +0 001 Benguet Con. B BF Goodrich 41 00 24 80 *1.25 ■•■0.2 CDCP 30.00 +0 75 In ro B Landoil 018 +0 0005 Lepanlo B .30 +0.DI Marlnduque B
      112 words
    • Article
      Bangkok
      222 8 Oct 4 Bakt Bangkok Bank 364 -2 Bank of Ayudhaya Ltd 268 ThalDanu unq —> Thai Farmers Bank 348 unch Thai Commercial Bank 748 Industrial Finance 4 Corp 2.555 UOCll General Finance 386 +10 Bangkok Investment 346 until First Trust 362 uncfi Raja Finance 1.520 7# Lre Kwang Ming
      222 words
    • Article
      Toronto
      209 8 OCT N CI Abitibi ias Ak-an 38'* AIkiniiu 25 Ibink Mont 24 Bank Nova HrtlUa 21 Ifcll T.I 62% S ih-th u>rp Bl' (iin Ud 17* Braxan 16% Camp Ki-d Luke 47% 1 Ciin Imp Hk 28. Canpu< 23% -s Canpuc Inv PI I6B unch CarllngO'Keele 4S unch Comlnco
      209 words
    • Article
      Lock icon Turnover at telephone companies up 13pc
      135 8 Reuter GROWTH of the largest American Independent telephone companies kept pace with their big brother the Bell Bystem In the first six months of 1978, the head of the US independent telephone association said. Mr. Philip Blgley, Its president, said revenue for the six
      Reuter  -  135 words
    • Article
      Chemical Bank appointment
      106 8 CHEMICAL Bank has announced the appointment of Mr. Jackson Huddleston, Jr. as president of Chemco International Leasing, Inc. Mr. Huddleston was previously deputy to the president of Chemco, a wholly-owned subsidiary of Chemical Bank. Chemco Leasing, which was established In 1972, operates through a network of 15
      106 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      204 8 cO»>«* a V The Foulks way means 1. Studying with the largest established firm of accountancy tutors in U.K. 2. Enjoying the benefits of over 90 years of tutorial expertise. 3. Being informed of the latest changes and current events and topics of interest and relevance through the exclusive "Foulks
      204 words
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  • OVERSEAS
    • Article
      Lock icon Japan, West review strategic goods
      650 9 Reuter AP WESTERN Industrial nations and Japan have begun a fresh review of strategic goods subject to the approval of Cocdm, the coordinating committee which screens sales of advanced technology to Communist countries. The current review Is particularly Important as several member countries are pressing
      Reuter; AP  -  650 words
    • Article
      Lock icon Senate panel 'yes' to higher sugar price
      257 9 Reuter. THE US Senate Finance Committee has approved a sugar Bill sponsored by Senator Frank Church which would set a. US 17-cent-a-pound price objective for sugar producers; No date has been set for consideration of the measure by the full Senate. The committee
      Reuter.  -  257 words
    • Article
      Lock icon U.S. TRUST FUND FOR SEA MINING
      143 9 Reuter. THE US Senate Finance Committee approved ani amendment that would set up a trust fund for taxes paid by mining companies under the proposed deep sea bed mining legislation. Senator Russell Long, committee chairman, said a decision by Congress on how the money
      Reuter.  -  143 words
    • Article
      Lock icon CIA sees gloom for Soviet economy
      374 9 UPI. THE US Central IntelUgence Agency has reported that the Soviet economy la In trouble and may be headed for worse. US State Department analysts said the unclassified study, released on Tuesday, might help ex§lalh signs of renewed oviet Interest In detente and disarmament.
      UPI.  -  374 words
    • WORLD IN BRIEF
      • Article
        Lock icon RISE IN UK RESERVES
        612 9 Agencies BRITAIN'S official reserves rose US$lO6 million (Ss24 3 million) In September to $16.5 billion with a smaller underlying rise of $63 million following new borrowing under the exchange cover scheme of. $150 million and due date repayments of $107 million, UK Treasury said. Reserves in
        Agencies  -  612 words
    • Article
      Lock icon Shipbuilding award
      68 9 UPI. SEALAND Service of the United States, the world's largest container vessel operator, will award US$372 million worth of orders to Japanese and South Korean shipbuilders for 12 container ships, Industry sources said yesterday. Under the orders, Mitsubishi Heavy Industry Is to build seven vessels capable of carrying
      UPI.  -  68 words
    • Article
      Lock icon Surge of orders for American factories
      189 9 UPI. NEW orders received by America's factories surged 5.5 per cent in August for the largest gain in nearly eight years, the Commerce Department reported on Tuesday. Much of the sharp August rise was attributed to heavy order a. in the aircraft and parts
      UPI.  -  189 words
    • Article
      Lock icon Finishing touches to anti-inflation plan
      870 9 CARTER MOUNTS PR DRIVE NYT, Reuter PRESIDENT Carter has decided on most of his new antl-inflatlon programme. With the aid of his communications adviser, Gerald Rafshoon, he is now preparing a massive publicrelations campaign to sell It. Business and labour organisation are already being briefed
      NYT,; Reuter  -  870 words
    • Article
      SECRET PEKING TRIP?
      118 9 A TORONTO newspaper says in a Peking dispatch on Tuesday that more than 20 of Canada's top business leaders have begun a secre-cy-shrouded trip to China that may result In major sales. The dispatch, by the Olobe and Mall's Peking correspondent John FTaser, says the Canadians, who
      118 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      45 9 Where.when Everything you need to know about Qantas 7478 schedules from Singapore to Australia. 14 flights weekly C 0 0 f» Melbourne daily 8.40pm Mon. 7.40pm Thurs. Sun. 7.15pm Sat 9.40pm Brisbane Wed. Thurs. 10.00 pm Darwin Wed. Thurs. 1000pm Perth Wed. 9.00 am I
      45 words
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  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1535 10 *D and offer price* officially Hated and buatne** In and reported to Um Stock Exchange of Mngapore yesterday with the number of ■tare* traded abown in bracket* in lota of 1.000 unit* unlaa* otberwt*e apedfted. All Time Settlement Contract* are quoted after the word "aett." Big B«»rd deal
      1,535 words
    • Article
      Government bonds
      99 10 4 1/2% L/VM (250,000) (90.528 99.608) 4 3/4% 18/9/86 250,000) (99.968 100.038) 5% IV4/81 (250,000) (100.108 100 208) 5 3/4% T P IWBI-64 (250,000) (102.008) 7% 1/1/88 250,000) (100.708 100.858) 7 1/4% Ik/4/86 250,000) (100.75B) 7 1/4% 18/16/86 250,000) (100 758) 7 1/4% 1/6/87 (250,000) (100.70B) 5 3/4%
      99 words
    • Article
      Stock options
      74 10 BTRIKINO prices of the' stock options officially listed on the Stock Exchange of Singapore, the periods, bid and offer prices and business done yesterday with the number of options traded shown In brackets. Celd Stance (Dw $2.39) (O.SSB) CindC (Dec $4.49) (MOB) F awl N (Dw S4.U) (1.958)
      74 words
  • Article
    SHARE INFORMATION SERVICE
    2453 10 1978 High Low Company Laat Sale +orOr's Dhr Dhr C'rr Gr'a YH Net P/K Vol (*688) Day High Lam SECTION ONE INDUSTRIALS 272 238 178 210 275 111 276 326 245 660 132 123' 112 133 195* 80 162 173* 140* 256 Acma t. Alcorn Allied Choc
    2,453 words
  • Article
    Unit trusts
    147 10 SINGAPORE UNTT TRUST INCOME BOND UNIT Iriw tm Oel 4 Oet 1) (Ceil *rtM) The Commerce.. *1.27 2 41 INCOME BOND 1.10 l.lt The Sarins Fund 1.41 l.Sl MARA BUMIPUTRA FUND 8 'pore Pro* Fund 1.0* l.llad (Mann' prteei ifcrOatM S pore Security 1.91 2.09 First Bumlputra a.
    147 words
  • Article
    In Kuala Lumpur
    1906 10 BID and offer price* officially ljsted and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in bracket* in lots of 1,000 units unless otherwise specifiedINDUSTRIALS *MM (2.408). AJinamata (2.908). Ataam <1) IBS (ft) 2.00 A Chaa <
    1,906 words
  • Article, Illustration
    Shares stage strong rally
    722 10 A RALLY swoot the market: en the Stock Exchnnge ef Singapore yea tar day. A combination of abortcovering and genuine in vestment buying fuelled bulliab market sentiment and counter* were traded higher acroea the board. One broker mid that the worst is over. The market is
    722 words
  • Article
    KLSE prices move higher
    512 10 SHARE prices headed higher in moderate trading on the Kuala Lumpur Stock Exchange yesterday after a barely steady opening. The follow-through support from the previous day was well sustained till the close with gains of between 10 to 20 cents noted across the board. However, trading
    512 words
  • Article
    GIH acquires a subsidiary
    124 10 GROWTH Industrial Holdings Ltd (QIH) has acquired a wholly-owned subsidiary called Contango Pte Ltd. OIH has acquired 25,000 shares of $1 each at par In cash of the Issued capital of Contango. The authorised capital of Contango Is $25,000 Contango's main functions are to purchase, sell,
    124 words
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  • COMPANY NEWS
    • Article, Illustration
      Loss trend at Leong Huat continues
      754 11  -  ■y MANO SABNANI THE RESULTS of Leong •w«»Huat Industries have never -failed to mystify stock observers. Ever since the company 1 obtained a listing on the stock exchange in 1973, its it earnings have been on the slide. And the current year is certainly
      754 words
    • Article
      Tax bites deeply into Austral earnings
      473 11  -  By JIMI NGOH AUSTRAL Amalgamated 6 Tin has turned In a 35 per cent rise In pre-tax profit to M$l2.3T minion for the year ended June 30, 1978. However, after a big Increase In tax, after-tax profit went up only 2 per cent to
      473 words
    • LATEST RESULTS
      • Article
        TRENGGANU Development and Management Bhd:
        60 11 Un- audited first-half 1978 pretax profit M 5237,000 ($992,000). The company said results were affected by the delayed impact on palm oil production of recent droughts, coined with lower palm product prices. July and August output .showed a considerable improvement but secondhalf production will not
        60 words
      • Article
        Chemical Industries (Far East):
        69 11 Group net profit $647,654 ($476,524) for year ended March 31. Parent company net profit $382,484 ($608,807). First and final divided 10 per cent gross (previous 4.5 per cent tax exempt plus 5.5 ber cent gross), payable Nov 7 to shareholders registered Oct 30. Company said the
        69 words
    • Article
      DIVIDENDS ANNOUNCED
      539 11 Current payment Ei Date Books close Date payable Total for the year Total for previous year Hume M Hume F.E. Guthrie M. Breweries G.E. Life Prima Wilkinson Gold Coin UAC S. Trading M'wata Dunlop Ind. N.S.O.P. Dunlop Est B Katil B Katil KLK Deb Temerloh Alcorn r inance
      539 words
    • Article
      SCRIP ISSUES
      151 11 Company Particular* Ex Date Book* Close Rothman* Cariaberg Temerioh MBS Pufc. BankSynthetic Resin* FaW Merlin T.Caant Bonus Issue of 1 for 4 Oct 16 Bonus Issue of 1 for 2 Oct 18 Bonus Issue of one for OOct 0 Bonus Usue oil for 5 Oct IS Bonus Issue
      151 words
    • Article, Illustration
      MBL celebrates growth with higher dividend
      504 11  -  PROFIT UP 17.4 PER CENT «y SUSAN SEVAN With stable costs for a change and all markets going well during the year to June 30, Malayan Breweries (MBL) has been able to put up a strong rate of growth of 17.4 per cent In
      504 words
    • Article
      TWO INGREDIENTS SPICE UP AJINOMOTO PROFIT
      289 11 A FURTHER reduction In production costs combined with a strong boost In export sales pushed Interim earnings at AJinomoto (Malaysia) moderately higher. Unaudited group pre-tax profit for the first half-year ended June 30. rose 18 per cent from MS 1.67 million to 5i.99 million
      289 words
    • Article
      UE faces third setback despite higher sales
      464 11  -  •r ARTHUR NG FURTHER losses incurred from contracts secured In Malaysia and Singapore have resulted in the third consecutive profit setback at United Engineers (UE) Limited. Group pre-tax earnings reported Tor the first six months ended June 30, 1978 totalled $1.66 million half
      464 words
    • Article
      COMPANY MEETINGS
      158 11 HUME Industries (Malaysia) Bhd: AOM to be held at Jalan 219 off Federal High way. Petallng Jaya, at 11.30 a.m. on Oct 7. Hume Industries (Far East Ltd: AOM to be held at 2nd Floor. 13.7 km, Buklt Tlmah Road, at 12 noon on Oct 9. Southern Kinta
      158 words
    • Article
      Consplant reveals joint venture plan with SHB
      345 11 CONSOLIDATED Plantations has announced a proposed joint venture arrangement with Syarikat Ha da pan Berhad (SHB), a non-listed public company, in a move to further expand its agricultural base. Under the scheme, which is expected to bring in new palm oil acreages, Consolidated
      345 words
    • Article, Illustration
      Jardines appoints two as deputy managing directors
      202 11 THE CHAIRMAN and senior managing director of Jardine, Mat heson and Co, Ltd, Mr. D.K. Newbigging, has announced that Mr. D.D.B. McLeod and Mr. J.A. Heywood have been appointed deputy managing directors of Jardines, with effect from today. The two deputy managing directors
      202 words
  • Page 11 Advertisements
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  • Article, Illustration
    Sisir to focus on product development
    634 12  -  RONNIE LIM THE Singapore Institute of Standards and Industrial Research will In its next five years concentrate more on product development programmes aimed at assisting existing industries to diversify into related product lines and to encourage entrepreneurs to establish hew manufacturing operations here. Slsir's
    634 words
  • Article
    Leyland wins SBS $8.8m chassis order
    223 12 SINGAPORE Bus Service (1978) has placed a $8.8mlllion order for 100 Atlantean double-deck bus chasis with Leyland Vehicles. Announcing this In the UK yesterday. Leyland's overseas division said the contract was negotiated through the Wearne Group in Singapore. Leyland's distributors in the region. When
    223 words
  • Article
    Lock icon Japanese TV tubes flood EEC market
    649 12 Reuter. EUROPEAN electronic component manufacturers have claimed that the level of Japanese exports of colour TV tubes has become critical and they want an agreement with the Japanese on export limitations. Mr. Henry Kroch, president of the European Electronic Component Manufacturers Association (EECA), said
    Reuter.  -  649 words
  • Article
    UNIT TRUST TAKEOVER
    138 12 ATOP London unit trust expert will visit Singapore next week to diacuM the proposed takeover of Chartered Unit Trust by Arhuthnot Latham, the London merchant banh. Sir Trevor Dawson, chairman of Arhuthnot Securities Ltd o# the United Kingdom, will meet Mr. John Dick, managing director of Chartered
    138 words
  • Article
    Lock icon Tokyo Round talks enter critical phase
    563 12 Reuter THE NEXT 10 weeks will decide the survival of the General Agreement on Tariffs and Trade (GATT) or the outbreak of a trade war. said Ambassador Alonzo McDonald, who heads the so-called Tokyo Round negotiations in Geneva. He said: "At a time when
    Reuter  -  563 words
  • Article
    Orders leave local garment men breathless
    802 12  -  »r JOHN LIM 'NINE Singapore garment manufacturers, who participated in a fashion show in New York last month, have received orders for garments worth a "few million dollars", and a new understanding of the fashion market. The mission leader. Mr. Lam Thlan. who is
    802 words
  • Article
    S. Africa wants more realism on role of gold
    297 12 SOUTH Africa would like to see a more realistic appraisal of the role of gold in the international monetary scene. Disclosing this, Finance Minister Owen Horwood said on his return from the IMF annual meeting that South Africa, as the major
    297 words
  • Article
    Asean textile club meeting!
    239 12 THE first meeting of the Asean Federation of Textile Industries will be convened In Singapore from Oct 16-17 at the Mandarin Hotel. This was disclosed by the head of the Singapore Federation of Textile Industries, Mr Lam Thian. He said that the first plenary session of
    239 words
  • Article
    US still the largest investor in Manila
    382 12 FOREIGN equity investments In the Philippines during the eight years till last June 30 reached U*****.04 million (Ss2 billion), according to the Central Bank of the Philippines. Bank figures published yesterday said a total amount of $79.4 million was invested in the first
    382 words
  • Article
    LONDON STOCKS
    802 12 LONDON. Wed. Equity prices closed higher in light trading today reflecting a continued technical reaction and following light buying, dealers said At 3 p. m the Financial Times index was up 6.2 at 511.4. Oold shares ro.v by up to US$l following the record high gold prtce fixing,
    802 words
  • Article
    Korea-Singapore tax pact signed
    180 12 SOUTH Korea and Singapore have signed a double taxation agreement. The treaty for the avoidance of double taxation was initialled on Monday in Seoul. Signing on behalf of the South Korean government was Mr. Chin Bae Choi, director general of the Tax System Bureau. Ministry of
    180 words
  • Page 12 Advertisements
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  • Article
    SHIPPING TIMES
    3852 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 Of arrival and departure, from Singapore port. t Consortiums Scan Dutch has m Joint
    3,852 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      315 13 DIRECT DIVERSIFIED DEPENDABLE SERVICES TO/FROM USA AND CANADA Agents: Barber Lines Singapore Pie Ltd Tel: ***** Harrisons A Croslield Kuala Lumpur Tel: MMti/t Pernas- MISC Penang Tel: ***** SHIPPING SANKYO LINE AUSTRALIA SERVICE luiim hr MME2E C/ 7 OCT YUf RIVER 13/15 OCT THREE STAR 19/21 OCT 1/11 OCT 11/12
      315 words
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      Page 13 Advertisements Column 2
      413 13 THAt AtAXfM LfNB vhkw REGULAR SCHEDULED CONTAINER FEEDER SERVICE BETWEEN SINGAPORE/BANGKOK sOct 704. IBOd 11 Oct 14 Oct It Oct Wfct 2* Oct I 23 Oct 25 Oct »Od S Oct ROOKINGS/ENtJUIRIES: OCEAN SHtPPtRS A ENTERPRISES PTE LTD 21ST FLOOR. MARINA MOUSE. SHEhiON RAT, SINGAPORE 2 TEL *****51 TRANS-C-LINE Express
      413 words
    • Advertisement
      Page 13 Advertisements Column 3
      319 13 ANHSING LINE REGULAR SEMI CONTAINER/ LINER SERVICE Spin MtoUnf P«u«» Laadia»»er UNION ADEN 20/24 Od la44ali/H« UNION VENN 4/1 J aa LORD STEAMSHIP CO. S.A. TAJWAN/ST RAITS/TAIWAN EXPRESS LINER SERVICE lor Part KatM(. N*t KaaNrti«a| SPORE P.KEUUtG PENANG LOON FAT 8/1 Od 9/11 Od 12/13 Od STRONGWIIL ENTERPRISE (PTE) LTD
      319 words
    • Advertisement
      Page 13 Advertisements Column 4
      148 13 FULL CONTAINER SERVICE TO JEDDAH BOOKING TEL: *****22 NOTICE ANNOUNCEMENT >» ia SEtvicf n utn (maui BY MED-AFRICA LINES MEDAFEICA LINE ASSOCIATED WITH NAVIGAZIONE SAN PAOLO S.P.A. GENOA PROUDLY ANNOUNCED THE COMMENCEMENT OF THEIR DIRECT LINER SERVICE FROM FAR EAST TO LAGOS/ APAPA NIOERIA WITH EFFECT FROM OCTOBER 1978. THE
      148 words
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      Page 14 Advertisements Column 1
      891 14 Hapag-Uoyd FULLY CONTAMCRBED TO EUtOPE rpm r.HN H-taa n EXPORTS It Ham Cjcdtomin 5,10 7/10 28/10 30/10 31/10 3/11 r<| M r*n>»»[ti >1/10 13/10 1/11 3/11 4/U (1/11) Oukalar 19/10 20/10 9/11 U/U 12/" 14/U Imw 27/10 29/10 19/11 21/11 22/11 25/11 I r r 31/10 17/11 19/11 20/11 (25/11)
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      Page 14 Advertisements Column 2
      448 14 barber blue sea! Fme US ATLANTIC US 6UIF ft EAST CANADA Oct 1/7 lOd 11/21 NmVC HmM/17 Odl/M OdO/24 Mm l/l No. 11/21* Od 27/21 Od 15 Od 31 Od 11 Od 31 Od II Oct 21 Hm 11/14 I 21/25 Nm 15 Hm 11/17 ■m 11/21 Nat Arrival: "TUttYTWr
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      Page 14 Advertisements Column 3
      550 14 LAND U.S.A./ASIA SERVICE NT KFMEMTU CONTIMQ «RWCt SAILING EVCRY Ml w aan wedwesmt fob row usa. HOftC HOIK THAJLAJH) MIO PWtLI^^IWCS 40TH FLOOR HONG KONG BlO€ 16 RAFFiES QUAY SINGiPORf I CujtoTn Service Boc»nj Terminal ?VC")3 ?5?1137 FULLY CONTAINEIISED SERVICE Go one better to the Middle East PRIORITY BERTHING I
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      Page 14 Advertisements Column 4
      925 14 Everett Lines a is 15 Nee 14/17 Iter* 11/ IS Hot* 'S«atert te Transportation Maritima Mexicans S. A. fi 1551 "MEXICAN NATIONAL LINE" V"*" FRR EAST/MEXICO I CENTRAL AMERICA Q HTM »w# M ai CENTRAL AMERICA LOADING FOR ENSENADA. MAN2ANILLO. ACAPULCO. ACAJUTLA. CORINTO. SAN JOSE PUNU RlC CO TWCOAICOS TEMPICO
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      Page 14 Advertisements Column 5
      297 14 I \R I) I\ I W I \fi Orient Overseas Co*Ua*te4 Line FULLY CONTAINERISED SERVICE TO EUROPE (VIA SUEZ) L FULLY CONTAINERISED S.IEAI MIKE in UHemHtwt I'M* Maw* 26/10 M/ 10 30/10 1/11 2/11 4/11 t/U 1/11 9/11 11/11 13/11 15/11 15/11 17/11 19/11 21/11 22/11 24/11 26/11 21/11 29/11
      297 words
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      887 15 OCL Overseas Containers Limited H'tn'c r<«» i» s«* raw* kM Awerj He»r» U ft. a tot a tot tot 1 HP* |in «a« (I M'tor* i- rtm H^. *p toy hiM SiM UM tot J i«t JJ ll SailH llihl biM ll:M SliM t 'J Eums SJite* S**H U.M Ja.lH
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      Page 15 Advertisements Column 2
      1078 15 Ben Ocean Apvitaemotai Ben Line Bki»FlMmel(Jpnlm?aiidNSklo KKMUIUN 1/ l am i m »•>»» I«MMV H»II BENVANNOCN 1/ 0 Net II Pet Bilbao AaiSteidaaa MWI r* Ml Ul WT! U/ii Oct >*n*f *®»4. p®>i s**"«Ml».<ia». Aden IVCAON M.'M Nat Accepting cMtaam M Brta roooi H'twian orn Bate SaHS E.u.oe» Penan* «#t*C
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      Page 15 Advertisements Column 3
      862 15 BEN LINE !±M»> N-WMC oimkm ma wv spidm iuw* FW* AH OIL tot 8 Ott Oft 1 HOT M Ott MoT 1 Not I Ml (I MOT! M Ott Hi II kl 11 Mi HMi T Mm mm r mm v mm is mm iiir M. It Mo a Mm
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      Page 15 Advertisements Column 4
      901 15 Scan Dutch V EXPRESS CONTAINER SERVICE VIA SUEZ WESTBOUND TO MED/UK/ CONTINENT/ SCANDINAVIA F**et> from P «»larg «n»l (LIIMU Sa M Ml KLn ntMHU >/« HUMM (lIMWI UN NIBM fiuaui H/IR MI. KMIU IUtMU K/ll IUNIRi 4- II TtTUM S sere 1) Mse."-* D HWi| 41 Gko'f m r*n ii,
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      Page 15 Advertisements Column 5
      615 15 GUTHRIE BOUSTEAD S THE BANK LINE LTD. LYKES ORIENT LINE anas soviet iiiect frim swumk TR NEV MLEARS. MtILE MiSTM. lALVOTM. ALSR ACCEPTIK CAM Fit BMHML HAIKU. TMM. M mi mi nm. siriwi p r#uat Pt« LOUISC LVRIS (laaMi W Oct SINGAPORE P***** PT KEIANG *****. KUALA LUMPUR ***** 1
      615 words
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      912 16 K LINE KAWASAKI KISEN KAISHA. I TO Spore t Keiang L.Hoere H'bvf Bitm» UPTIME PEAU lit I let 7 Oet 21 let 27 let 21 Jet let MERCATOR IW 15 let 11 let 7 Nat 4Dm 5 Hoe I No* ORIENTAL CHIEF 11W 21 let 22 Oct IN* 11 Ht*
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      Page 16 Advertisements Column 2
      968 16 H.tX I EAST CAIAIA SERVICE ACCCPTIHS fCL/LCL CONTAINERS FROM PENANG. P. I(UM STONE lead n. Mr: CBISTBBAL. VMR. CIMI* Milium (to* later ealf) mill P.nariß Salman P KHang Vnaawi "VISNVA VIRRAM (NRSA 25 SCI; laH/l tot 1 I Oct 11/11 tot '1.1 MABNVA PRADESH (MSA M SCI) 25/28 tot 21.28
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      Page 16 Advertisements Column 3
      1013 16 NEPTUNE ORIENT UNES LTD •FULLY CONTAINERISED SERVICES: N rtMU I Id 1 MERCATOt li Oct II 0 CHIEF 21 let lIR COMTAIHC* 21 Oct 21 0 RESEARCHER 2 Nn S.S. ORIDGE 9 Nn 1 tl Kill S par: Cttitat Two S pore P Kelaii S'ti* Mp.rt: Him R I let
      1,013 words
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      Page 16 Advertisements Column 4
      718 16 kUI+YSIAM MTfHNATtONAI SHIPPING COPPOPATK*V BCRHAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA U«( ¥ttw! Sd«> 1' KtnlWl r > <•»!* Aa>»»». I MMIi. 4) nt S pan EXPRESS CONVENTIONAL SERVICE TO UK/CONTINENT If Mjn. Vn» p Miifi Ptwi till H tar t. IE la Pari 1 Oct Biona, 24 10. COM
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      Page 16 Advertisements Column 5
      716 16 INTRASEA (PTE) LTD r kiiui inkpenmnt semi/foll container se an to Vwt t»f a»«f LaMNac 7 let S'nampt ton MAR IT IMC AUIANCt Mil Oct 5 Set H bjrj^Wln. NiUlt «l» Oct II Bet 22 Oct R'Bam K'burg A* ■lIUII Wttl 1 Mf s »<mptoi Mliw.lJ H tU'f tpin t«piM
      716 words