The Business Times, 1 November 1978

Microfilm: NL9922
Total Pages: 18
1 18 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C.(P) No. 218/1/78 WEDNESDAY, NOVEMBER 1,1 V» 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Tokyo mission
      58 1 UPI. TOKYO, Tues.— A Japanese import promotion mission will visit Asean nations in January. The visit was agreed on at a meeting of Japanese and Malaysian businessmen held in Tokyo on Monday. Meanwhile, Foreign Minister Sunao Sonoda said today that Japan will not expand its trade with China
      UPI.  -  58 words
    • Article
      Lower surplus
      73 1 KUALA LUMPUR, Tues. Peninsular Malaysia's trade surplus for the first eight months of this year fell to M 5565.5 million from $997.4 million in the same 1977 period. The August trade surplus rose sharply to $219.9 million from $32.2 million in July Bank Negara Malaysia said its gold
      73 words
    • Article
      All fair in Canton
      69 1 HONGKONG, Tues American sales and purchases at the 44th Canton trade fair, which ends in two weeks, should top US$75 million (Ssl6s million), a leading expert on US-China trade said today. Mr. John Kamm, Hongkong representative of the National Council for US-China trade, predicted the level
      69 words
    • Article
      Lock icon Oilfields crippled
      61 1 Reuter TEHERAN, Tues.— Iran's oil industry was today reported virtually shut down by strikes. Big oilfields in the southwest have stopped production, and refining at the world's biggest refinery in the port city of Abadan is also at near standstill and loading of tankers at Kharg Island in
      Reuter  -  61 words
    • Article
      Tariffs meeting
      78 1 BANGKOK, Tues The Asean committee on trade and tourism will meet in Singapore next week to discuss additional items for which preferential tariffs would be given to other members of Asean, Thai Commerce Ministry officials said today. Thailand had listed 100 items for which import tariffs paid by
      78 words
    • Article
      Drought havoc
      53 1 PEKING, Tues. The worst drought in over 100 years has hit parts of east-central China and the result could mean little if any increase in the country's overall grain production this year, some agricultural observers believe. This opens the possibility that China may seek further wheat purchases on
      53 words
    • Article
      Lock icon Dow Jones
      77 1 UPI. NEW YORK, Tues. Stocks were mixed early today as the market had difficulty in maintaining a bargain-hunting rally begun late yesteday. Trading was active. The Dow Jones industrial average of 30 industrials, up 2 points at the outset, was off 3.11 points to 806.73 in the first
      UPI.  -  77 words
  • Chief Price Changes
    • Article
      In Singapore yesterday
      117 1 Rites Kampai 450 CCM 550 Strait* Trading 000 Malayawata 275 Supreme Carpa 228 C Supra 338 OUT 240 Nat Itm 060 Nat Iran Lou 117 DuflTDev 200 CKTaac 254 Sal Properties 232 +26 +25 +20 13 13 +6 +5 +5 +4 +3 +3 Foils etc Hong Leone
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    • Article, Illustration
      In Kuala Lumpur
      143 1 Rises CCM 560 35 Kempas 460 26 S Trading 665 20 Tractors 550 15 M'wata 280 12 Isl and Pen 350 10 Renong 360 10 A Amal 570 10 Foils Guinness 565 -20 S Kinta 710 -20 D Baby 200 -15 M Box Bhd 250 -15 Carls
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  • Article
    TY reasons with Sime holders
    1226 1  -  THE OTHER SIDE OF THE COIN By QUEK PECK LIM ACCOUNTANTS Turquand, Youngs and Co, yesterday ended their silence over the attempt to unseat them as auditors to Sime Darby Holdings. Taking advantage of regulations in the UK Companies Act to appeal to shareholders, Turquands
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  • Article
    US$ SEE-SAWS
    134 1 THE US dollar fluctuated on the world's foreign exchange markets yesterday after another sharp drop in the morning. As the currency turmoil of the non-communist industrial world continued, the dollar hit new depths against other major currencies before staging a rally around midday. As a reflection of the
    134 words
  • Article, Illustration
    Tax cut on gold profits sought by bankers
    508 1  -  By COLIN CHEE MOVES are now afoot among bankers to get the Government to reduce tax on profits from gold dealings from 40 per cent to 10 per cent. This was disclosed yesterday by Mr. Hans-Joa-chim Schreiber, chairman of Dresdner South East
    508 words
  • Article
    Banks poring over POSB's latest plan
    202 1 COMMERCIAL kuki la Hlngsperr are stOl statfylag the Implieattone ef the Pest Ofllee Saviags Baak basking wrrl»s at seThe My will help hanks Is draw ip their Man marketing plans, the ftsssrlallia ef Banks In fllngspiri stated yesterday Csaunereial hanks welessie all developments which
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  • Article
    Protection is not the aim of Swedish quotas
    479 1  -  By SIVA ARASU SINGAPORE'S exports of textiles and garments to Sweden are subjected to quotas because of security reasons and not trade protectionism. A trade agreement to control these exports for one year was initialled last Friday by the two countries. While
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  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      29 1 whatever you need in menswear.get Hat... Mm MOHAN'S DEPT. STORE (PTE.) LTD. SStl OKhan&ftoad 1M *****22 (next to Mandarin HoM) Brench: 101, limglin Stopping Centm 1M 2301M0 Daily 9am-9pm
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    • Advertisement
      Page 1 Advertisements Column 2
      118 1 BIRKART FREIGHT NEWS GBN CONTAINER LINE ANNOUNCEMENT CONTAINER ALLOCATION PORT HARCOURT Following new container allocations The Nigerian Ports Authority has extended further facilities to GBN CONTAINER LINE for schedule berthing of their container vessels at Port Harcourt. Containers will be handled through the Container Terminal Company Port Harcourt. Commencing with
      118 words
    • Advertisement
      Page 1 Advertisements Column 3
      52 1 ,;@?&)_~>!|]{:,\`{)"|~$]<)}}*;' SHIPPING TIMES WHAT price CHTYODA all set fm* p SPEECH bf SES du ftftk AGM JL FORUM m tke V W BUY w'Sto hay tateel Et PRINTED drafts to break r= tt MEMOPAD t, CROSSWORD S, AIRCRAFT SCHEDULE S, RADIO A TVt, BRJBTOW 1, STRAWS IN THE WIND 7,
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      Page 1 Advertisements Column 4
      242 1 "'\*.|?~,@['*`|<".\{>-."@`{%;?. u Win! something interesting to read? Read this!" lis*? m 7** Cm' < 8 < I *i in 4*s tNfu* ja t 4 We i t r jk KiAtMT 7^l bi >" f* I C* Faantiah Bte Da Mr Aw. Manageress Puttaka Antara Booh Distributor Pubhsfm Koala Lumpur "I
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  • TRADE AND INDUSTRY
    • Article
      In-depth study of alternatives for Asean
      388 2 AN IN-DEPTH study of the comparative economic advantages of alternative fertiliser strategies for the Asean region has been undertaken by the International Fertiliser Development Centre (IFDC) in the US. This was disclosed yesterday by the regional coordinator (Asia) for IFDC, Mr. Edwin Kapusta. He
      388 words
    • Article
      Indonesia's urea production capacity
      201 2 INDONESIA expects to have a total production capacity of over three million tonnes of urea by 1982. This was disclosed by the president of PT Pupuk Sriwidjaja, General Hasan Kasim, at the 14th AsiaPacific Food Production Conference yesterday. He said that the present capacity of the
      201 words
    • Article
      Lock icon RECORD PRICE LANDED
      115 2 Reuter A RECORD price of HKJ89.855 (about 5*40,435) per square metre was realised at Monday's crown land sale for a site at Hongkong's Tsim Sha Tsui East. A spokesman for the Hongkong Crown Lands and Survey Office said the lot, auctioned for non-industrial purposes excluding hotel use,
      Reuter  -  115 words
    • Article
      Phosphate supply and demand lacing threats
      920 2  -  By JOHN LIM SEVERAL adverse factors are threatening to affect the world supply and demand for phosphate a vital element in all plant growth in the near future. Making this assessment of the phosphate industry yesterday was the chairman of the Phosphate Rock Export
      920 words
    • Article
      Fertiliser industry cuts output in Japan
      611 2 THE JAPANESE fertiliser industry is facing great difficulties and is embarking on a rationalisation programme which proposes reducing production to achieve more reasonable operating costs. This was disclosed at the 14th Asia-Pacific Food Production Conference by the general manager of Mitsui's fertiliser division, Mr.
      611 words
    • Article
      Asean spinners meeting in KL
      514 2 MALAYSIAN textile manufacturers have accepted the challenge of undertaking the first of several projects aimed at promoting industrial cooperation in the Asean textile industry to strengthen its position in world textile trade. The Malaysian Textile Manufacturers Association will organise the first meeting of the Spinners'
      514 words
    • Article, Illustration
      IMP system a giant stride forward
      429 2 CARS sf the fntnre eenM "ping 1m" to parking meters tor n recharge if the invention af nn Australian electrical engineer galas widespread acceptance. With warid supplies sf (sssil fneis rapidly decreasing, Mr David Gssdea, lecturer in electrical engineering at the Tasmanian Callege sf
      429 words
    • Article
      A full fledged aviation school soon
      224 2 SINGAPORE'S efvtl avtottea trailing centre will in tear years' time be a seMsappertlag iaetttattoa trafadag laatraeters ef airpert management 1W centre, managed at the moment by the Department W Civil Avlattaa with inhtHee from the United N>tl»— Development Programme (UNDP) and the International Civil
      224 words
    • Article
      MEMO PAD
      410 2 COURSES AND TALKS Oct 25-Nov 17: Business law, SIM, SIM Oct 31 to Nov 1: Marketing strategy elements and profitability, Ming Court, Price Waterhouse Oct 31-Nov 9: Introduction to organisation and methods, PSA, PSA Central Training School. Nov 2-14: Personnel guidelines and policies, Holiday Inn, P.O.D. Nov 13-15
      410 words
    • Article
      Team to survey natural rubber market potential
      659 3 A PROFESSIONAL market survey team has been commissioned to study the potential market (or Malaysian-made rubber products in the United States, Brazil, the EEC countries, Japan and the other Asean countries Rubber Research Institute director Haji Ani bin Arope disclosed this during the
      659 words
    • Article
      Mission to push Malaysian exports to NZ
      140 3 A MALAYSIAN trade ■Mm will vWt New Taslsad firm N«v. 1 Is It Is printo Malaysia's exports Is that country. The Ms, rrnumml •d by the Ministry *f Trade and hMry In «—J«mM— with New Zealand aathoritfas, h scheduled to visit Welfiagtsa, Christehareh
      140 words
    • Article
      Runaway rice output
      45 3 JAPAN'S rice harvest this year is expected to remain at a high level with the output index topping the previous high. Agriculture, Forestry and Fisheries Minister Ichiro Nakagawa reported to the Cabinet that this year's rice, crop should total 12.6 million tonnes
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    • Article
      OPEN THE PANDORA BOX, JAPAN TOLD
      616 3 A LEADING Malaysian industrialist has made a strong plea to Japan to open the Asean Pandora box and benefit from "all sorts of exciting investment possibilities" or (ace the consequences of seeing its products shut out of world markets as a result of retaliation
      616 words
    • Article
      Lock icon POHANG IS CHOSEN
      135 3 UPI. THE SOUTH Korean government-run Pohang Iron and Steel Co. has been picked as the builder-operator of the eountry s second integrated steel plant with an initial prodwtion capacity of 3 million tonnes a year, CommerceIndustry Minister Chang Yie-Joon said on Tuesday h ve site for construction
      UPI.  -  135 words
    • Article, Illustration
      Chiyoda to turn out TV and audio parts soon
      479 3  -  By JOHN LIM CHTYODA Frit Co of Japan has set up its first overseas factory in Sbigapore to (bake various audio and television parts. Production is scheduled to begin by the middle of the month. Operating from a flatted factory at
      479 words
    • Article
      Dealers get to know Sanden and Sankyo plants
      268 3 TWENTY-ONE sole distributors sad dealers of Sanden auto-aircooditiooers from Singapore, Malaysia, Indonesia and Thailand left (or Japan yesterday on a week-long convention and familiarisation tour of Sanden/Sankyo factories. The group, led by Mr. Brian Henry, general manager of Sankyo International (S), will
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  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      210 2 The sign of the Kiwi, New Zealand's unique emblem bird, identifies products that have earned an international reputation for quality, reliability, craftsmanship and durability. See how YOUR BUSINESS"can profit from New Zealand-made products at the mi. SERVICES EXHIBITION Hilton Hotel, Kuala Lumpur, Malaysia, 13 —18 November, 1978 Adhesives (commercial and
      210 words
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      166 3 Can you guarantee that nothing wfll be lost or damaged building contract? I I tit!- ukui u m OMI6W iktt? m\ The Overseas Assurance Contractors' All Risks Policy for builders. Now, our Contractors' All Risks Policy will amply protect you against just about everything. It covers contract works. Construction machinery,
      166 words
  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      651 3 I I -11-OIE CROSSWORD CRYPTIC PUZZLE ACROSS 1 Explosive expletive (5) 6 Close to being cockeyed? (5) 9 Something given to an unemployed worker? (7) 10 Character of a soldier embraced by a sudporter (5) 11 Part owner of Sheila's cottage? (5) 12 One of the lighter games (5) 13
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  • RAW MATERIALS
    • Article
      LOCAL AND FOREIGN RUBBER
      340 4 THE Singapore market closed slightly higher with November One RSS buyers quoted at 258.50 cents per kilo, up 2.50 cents from last Friday's close, dealers said. Morning prices were marked up on higher London and Japanese advices, forward buying and trade and speculative support, they said.
      340 words
    • Article
      RAS PRICES
      376 4 Prices in cents per kilo yesterday: Noon Close (per kilo) (per kilo) Buyers Sellers Buyers Sellers Int. 1 R.S.S. prompt f.o.b. 255.00 256 OON 255.50 256.50N Int. 1 R.S.S. November 258.00 258.50 258.50 259.00 Int. 1 R.S.S. December 262 50 263.00 263.00 263.50 Int. 2 R.S.S. 250 50
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    • Article
      SSR and SMR
      96 4 NOON SSR and SMR prices yesterday u (Cm Biyow ■t Mtk) Sellers <F£ D. nMNMNNk) wv Sdtora r** M) 241.00N 239 OON (CM ita per k«) SSR 20 SSR 50 (1-ton pallet) (1-ton pallet) 239 00" 1 237.00 241.50 239.50 243.50N 241.50N MRELB SMR5CV SMRSL SMR 5
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    • Article
      Palm oil
      78 4 C.I.F. North European ports. In US dollars per ton unless otherwise stated. LONDON: Malaysian 5%ffa bulk per tonne Friday Previous December 640slr 630slr Sumatra 5% ffa bulk October pd 655 pd November 670qtd/667 660qtd/ December 660pd 657'.sir 650qt/64 7'i 652 pd 645slr January 645qtd 640slr February unch 622
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    • Article
      Closing prices
      29 4 Rubber: Oct 31 Singapore: No vember:2sB.socents (up 2.50 cents) Malaysia November: 259.75 cents (up 1.25 cents) Tin: M 52,060 (unch) Official offering: 302 tonnes (up 97 tonnes)
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    • Article
      Rice
      187 4 BANGKOK rice prices were quoted as follows yesterday: (In US dollars per tonne F. 0.8. basis Bangkok) White rice: 100 pet Ist class 360. 100 pet 2nd class 345. 100 pet 3rd class 340. 5 pet 333. 10 pet 310. 15 pet 305. 20 pet 300, 25 pet 295.
      187 words
    • Article
      Lead
      69 4 LEAD, at the end of the morning ring, in London yesterday was £5.75 lower for cash while Three Months lost £6.50 per tonne. An early shakeout in rather thin dealings took Three Months down to £404 per tonne, a loss of £9, before fresh buying and shortcovering on the
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    • Article
      Produce exchange
      385 4 REPORT of typhoon the Philippines lent further bullishness to copra and coconut oil in a generally quiet Singapore produce market yesterday. Market observers now firmly believe that the shortage of copra and coconut oil in the immediate future will be a serious one, considering the bad weather experienced
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    • Article
      Hongkong Comex
      187 4 THE SUGAR futures market yesterday closed about 0.25 US cents lower in continued quiet trading, with turnover unchanged at seven lots, dealers said. Acolombian prompt raw sugar sale at 8.70 US cents per pound may have contributed to the bearish tone, they said. The day's daily spot sugar
      187 words
    • Article
      SPOT PRICES
      188 4 YARN and cotton In Hongkong dollars. spot ex-godown: Cattan yam: China Blur Phoenix 20* 2,110, 22i 2,710. 40s 2.«0 (per bale aI 400 lb*) Plsee snis: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly unq; Flytag Gaaac unq (per piece M
      188 words
    • Article
      Coffee
      228 4 LONDON robusta futures ended the opening call yesterday with gains of between £14 and £5 per tonne over Monday night. Turnover was 253 lots. Futures edged higher at the opening but the advance slowed on lack of follow through support. Dealers attributed the early advance to trade and commission
      228 words
    • Article
      Straits tin
      167 4 THE STRAITS tin price in Penang yesterday remained unchanged at M 52.060 per pkrul. There were larger supplies of tin concentrates from miners, but the market held steady following continued local, US and Japanese demand, dealers said. Total turnover Increased sharply to 302 tonnes from 205 twines on
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    • Article
      Silver
      137 4 THE Hongkong market yesterday closed at HKJ276.50 per 10 ounces, unchanged from Monday's close in fairly quiet trading, dealers said. The day's fixing price was steady at $276.50. In LONDON yesterday, silver showed losses of 1.2 to 1.5 pence per troy ounce. Following initial pre-mar-ket steadiness, values drifted lower
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    • Article
      Sugar
      140 4 LONDON raw sugar futures yesterday sold off at the opening call, an extension of Monday night's easier kerb trend, to finish with on balance losses of £1.80 to £2.30 per tonne. Dealers said concentrated selling from one quarter in a relatively thin market uncovered stoploss orders and sympathetic liquidation
      140 words
    • Article
      Cocoa
      75 4 IN London yesterday, terminal cocoa finished a relatively quiet morning of limited trading, £6 up from Monday night to £2.50 lower. Turnover totalled 1,033 lots including 315 lots crossed and five options. The market had registered early gains of up to £20.50, basis near March at £2,025, with sentiment
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    • Article
      Wheat
      186 4 CHICAGO wheat futures slipped from early gains on Monday to stand mixed at mid-9ession. Nearby contracts lost US 0.75 to 0.5 cent a bushel while others were one to two cents higher. Traders said a large portion of morning trade in wheat and other pits was keyed to silver
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    • Article
      Soybean
      169 4 CHICAGO soybean product futures slipped a bit from their best but remained mostly higher at midsenion. Meal futures stood US$3.5O to $2.50 a ton higher in all but October, which was down 10.50. Oil futures advanced 0.19 to 0.30 cent a lb. Product futures moved to highs when soybeans
      169 words
    • Article
      Copper
      324 4 COPPER wirebars in London yesterday closed mostly £9.5 per tonne lower. linitially, pre-market values were modestly easier reflecting the overnight close at New York, dealers said. The easier trend in sterling against the dollar held prices (airlv steady for a time. But with the dollar weakening again, prices fell
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    • Article
      Aluminium
      35 4 ALUMINIUM was £2.5 per tonne down for Three Mojtths in London yesterday. Prices displayed a sagging trend with dealers reporting modest profit-taking and liquidation prompted by losses in other metals. Turnover was 725 tonnes.
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    • Article
      Zinc
      33 4 ZINC finished the morning ring £2.50 per tonne down all round in London yesterday. This market also lacked fresh feature of its own and moved rather narrowly in comparison with other metals.
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    • Article
      Gold
      420 4 THE KILOBAR in Singapore opened at 5&6.636 yesterday and closed at (16,643. The high and low were 5516.683 and 5516,589 respectively. The market was quiet. The London spot gold market opened at U*****.20/.50 and closed slightly higher at U*****.60/ .90. The high -and low were U*****.20/.50 and U*****.70/ .00
      420 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        562 4 THE US dollar was traded at new lows against ma)or currencies on the foreign exchange market yesterday. However, support from the Bank of Japan stopped the dollar's slide in the yen counter, and sellers covering their positions injected the much needed buying support in the mark counter and
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      • Article
        Asian $ rates
        176 4 Asian rates ASIAN currency deposit interbank rates as at close on Oct 31: US Doll*ra(Spot) Offer B,d Idays 9' 9 J 1 month 10'• 10 2 months 111/16 1015/16 3 months U*< 11'* 6 months 12'• 12 9 months 12'• 12 12 months 12'• 12 Sw.Fr*. DM Prie**) 1 month
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      • Article
        Discount
        10 4 ||I|' priffi offered by dltcMil Imwm m Oct SI:
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      • Article
        MLR
        21 4 TllE average rate at which Singapore banks are currently prepared to lend to their best customers is 7.5 per cent.
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      • Article
        Frankfurt
        46 4 FRANKFURT exchange* closing on Monday: US 1 7275 CM 1 4695 715 Stg -3.«S C25 0(1 S2X 35 Sir 11(15 45 ut 2.190 aoo PIT 43 25 45 Dhr—30.00 10 Nkr 37.01$/37 135 Mr com 6 313 73 Btr fla (.28 301 Yen 0.9745 00
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      • Article
        Australia/NZ
        49 4 AUSTRALIA: US dollar 1.U15 11*7 Sterling OMM 0 Ml 5 Ninety-day air mail baying rates: Sterling OJM9. US dollar 1-230 Ninety-day forward buying ratea: Sterling OMM US dollar l lMf NEW ZEALAND: Sterling O.S2M #.5» US dollar 11M0 I.MM Ninety-day airmail buying rate* StetiMg 0.5437 US dollar 114S
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      • Article
        London
        244 4 THE dollar fluctuated nervously in fairly quiet early dealings here yesterday, showing a steadier tendency at. first but then losing ground. Opening indications showed the US currency at 1.7206/20 marks but it then rose to 1.7226/36 before returning to 1.7205/15. Dealers said there were no new factors. Gold opened
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      • Article
        New York
        312 4 THE dollar closed sharply lower after coming under strong selling pressure on Monday, although trading was relatively quiet, dealers said. They said intervention by central banks, apparently Including New York Federal Reserve Bank, was insufficient to stem the dollar's fall as it reached record or near-record lows against
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      • Article
        Hongkong
        193 4 THE US dollar staged a recovery against European currencies in late trading yesterday, but came under further pressure against the yen, dealers said. They said the dollar rose against continental currencies on European profit-tak-ing, but simultaneous dollar selling from Tokyo depressed the dollar-yen rate. Trading was rather quiet due
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      • Article
        Tokyo
        139 4 THE US dollar for overnight delivery closed at 176.05 yen yesterday, compared with a 176.50 opening and 178.fi at Monday's close, after falling briefly to a postwar low of 175.50 yen in early afternoon trading, dealers said. The Bank of Japan bought an estimated US33O MOM—to $40 million at
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  • Page 4 Advertisements
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      Page 4 Advertisements Column 1
      137 4 t .V The Love of ne ookinfl M' 1 t4 r v v ,f* i V i w Kenneth to Kenneth Lo, the well-known CMmn oookery •rtler, Introduces Mm reeder to the larhnlquM of Chineee cooking, and ghros an Insight Mo thek unlquo wey of ootlng. Beginning wNh aknpie onodleh
      137 words
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  • OVERSEAS
    • Article
      Lock icon Renewed pressure on Carter to shore up dollar
      1041 5 AP. THE Carter administration is coming under new pressure from overseas to take additional steps to support the floundering US dollar. The dollar plunged to new lows on Monday as foreign exchange traders showed once again they do not believe Mr Carter's
      AP.  -  1,041 words
    • Article
      Lock icon EMS START-UP DATE PUT IN DOUBT
      455 5 Reuter THE continued plunge of the American dollar raises grave doubt about the plan to start a European monetary system next January. Disclosing this on Monday, West German Christian Democratic opposition leader Helmut Kohl said: "The strong turbulence of the US dollar causes us
      Reuter  -  455 words
    • WORLD IN BRIEF
      • Article
        Lock icon FUKUDA IN THE RACE
        548 5 Reuter. JAPANESE Prime Minister Takeo Fukuda yesterday officially declared his candidacy in the presidential election of the ruling Liberal Democratic Party (LDP). Mr. Fukuda, who took over as LDP president and Prime Minister in December, 1976, is the fourth candidate to join the race for the
        Reuter.  -  548 words
    • Article
      When East and West don't meet on inflation
      223 5 A UN expert committee charged with studying inflation split along East West lines on Monday in spotting the causes for prices rising at disruptive rates. Large government budget deficits, often regarded by business groups in the West as a major cause of
      223 words
    • Article
      Lock icon ITALY'S CRISIS
      70 5 AP ITALIAN Prime Minister Giulio Andreotti faced a serious political challenge as hospital employees joined in a nationwide walkout on Monday, a development that may lead to a general strike and a vote of confidence against him. Mr. Andreotti has rejected the hospital union demands as incompatible with
      AP  -  70 words
    • Article, Illustration
      It prints on anything under the sun
      223 5 MACHINES that can print almost anything on anything. Metal, plastic, glass, paper, rubber round or square, thick or thin, short or long. They can even print on a diamond. Designed and developed by a British company, the version pictured here the Autofeed SMI
      223 words
    • Article
      Row of setbacks for securities
      645 5 ALAN Lerner,senior vice~ president (money market economics) of Bankers Trust Co. reports on US money market conditions last week: THE US government securities market received a chain of setbacks last week, beginning with President Carter's lack-lustre antiinflation message on Tuesday. On Wednesday, the Treasury disclosed
      645 words
    • Article
      Lock icon Ford plants grinding to a halt in Europe?
      323 5 AP. THE Ford Motor Corfiora- tion's multi-million European operations are threatened with a standstill unless British Ford workers soon agree to return to work, a spokesman for Ford's West German division said on Monday. Ford at Genk in Belgium already stopped production
      AP.  -  323 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      602 5 ARRIVALS Service Local Operator Number Tine From MAS MH671 0945 PEN KUL CPA CX710 1006 HLP GIA GA90O 1030 HLP THAI TG423 1035 BKK SIA SQ103 1045 KUL SIA SQ209 1045 HLP MAS MH606 1045 KUL THAI TG9BT 1060 BKK GIA GA944 1065 PKU GIA GA908 1100
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  • Page 5 Advertisements
    • Advertisement
      Page 5 Advertisements Column 1
      71 5 SINTAT Rent-a-Car SINGAPORE AIRPORT TEL 8066C5 CITY TEL *****56 Col! us for vou. loco! or on«vord reservations —V fV V romantic. Th(2 exquisite. Thsz (ztegant. ©iseovter... Frcnch ri <tnurutit fmr accllcin i> An aura of romance created by the hanging gardens and the soft glow ot can die flames, soothing
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  • Article
    All for an orderly market
    622 6 AT THE annual general meeting of the Stock Exchange of Singapore last weekend, the chairman, Mr. Ng Soo Peng, delivered a wide-ranging and analytical review of the year just passed. He also disclosed plans which should eventually lead to a more orderly market. The introduction
    622 words
  • Article, Illustration
    'The SES committee must be prepared to shoulder the responsibility for unpleasant and unpopular decisions'
    2792 6 We repredaee here the speech made by Mr. Ng See Peng, chairman ef the Stack Exchange of Slagapare, at its fifth annual general meeting held ea Oct 28. THIS IS the fifth anniversary of the
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  • Page 6 Advertisements
    • Advertisement
      Page 6 Advertisements Column 1
      136 6 Hotel Royal-RAMADX Newton Road, Singapore 11. Republic of Singapore Telephone: *****1, Telex: RS-***** Cables HOTELROYAI Indonesian set lunch daily for lovers of spicy food and our speciality IK AN MAS. Try our most-talked about air-flown steaks for gourmets. A special International Buffet from 12 noon to 3 pm. every Sunday.
      136 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      65 6 WEATHER a OUTLOOK for Singapore from 6 a.m. to noon today: Isolated showers in late morning. Report for 24 hears prior fo 7.39 p.m. on Oct SI at the airport: Maximum temperature 27.6 C Associated humidity 82 Minimum temperature 23.6 C Associated humidity 97 Hours of sunshine Nil Rainfall in
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    • Miscellaneous
      Page 6 Miscellaneous Column 2
      158 6 m 5.55 PM Opening announcements followed by Superfriends* 6.45 News in Tamil* 7.00 Naadaga Arangam A Tamil drama series 7.50 Emergency Survival On Charter (Pt2 Last Episode)' 8.45 News and Newsreel in Chinese* 9.15 The Loyal Judge A Mandarin drama serial* 11.05 Close 'Colour FM STEREO 6.00 AM Opening Trans
      158 words
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  • Article
    MORE OF THE SIME
    604 7 Letters to the Editor I AM A shareholder sf Sime Darby Heldlaga Limited. Yaa have la yaw eelamw givea pabttdty to the pripmd chaage ef aadltars ef the eempaay. The foUewtog foeto appear aat to have beea hraaght aat by,yea. Aadltars are appelated by the memhers
    604 words
  • Article, Illustration
    Lock icon A convincing US package can calm the money men's nerves
    713 7 UPI A VALUE of a currency cannot disappear altogether, especially the dollar, so at some stage, the »iHng US unit must bottom out, some financial analysts were saying over the weekend. "In the longer-term the dollar just has to move
    UPI  -  713 words
  • Article
    American trade turn for the better?
    740 7  -  By LEONARD CURRY THE LONG-AWAITED turn in the US balance of trade that is so critical to a stronger dollar and the reduction of inflation appears to be firmly under way. The United States exported a record dollar amount of goods in September to
    740 words
  • Article
    STRAWS IN THE WIND
    591 7 IF, AFTER an exhilarating run in the morning, you arrive at work tired, dizzy and terribly anxious, rest easy. Your problem (so much for executive exclusivity) is a common one too much fresh air. Two American doctors, Sidney Alexander and Jose Missri, report that over breathing
    591 words
  • Article
    Our small businessmen need a big boost
    947 7  -  FORUM. on entrepreneurs By HOCK LOCK SIEW IT SEEMS almost commonplace these days to hear of our small businessmen complaining of the difficulties of setting up and running a decent shop. Prices, although steady, remain high and still have a long way to
    947 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      327 7 New Japanese Restaurant KlKU^fc serving authentic a. Japanese food J| a i, A hpf \in Yikki k *ni[xjrj shashimi *Suki\iiki shaixi Sfxj KIKU JAPANESE RESTAURANT ORCHID INN Tel *****2 214 Dunearn Road Sircnpore 11 > f S *V You 11 few Khe royalty at the Rang Mahal, Palace of Colour*.
      327 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      38 7 DilStoW il^Akliicte&s »ST>LU CMER > sPpct suP 2orn Heap &TBOTu)OOD awe Pu6uSM€gS "P Sou KtKXj uvW Tv>os| wi \r w F\rst Joo DON'T SuCceGD... LL 100 NGeD II U3VW NOT uißtlfc FQR Soroc Nou'vc Pi mWfc/OLIOUS GPR frR DIALOGUE.
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  • INTERNATIONAL STOCKS MARKETS
    • Article
      Heavyweights inactive
      595 8 TOKYO EXPORT-related issues were off sharply, due to news that the yen rate gainst the dollar recorded on alltime high and reached the Y175 level Turnover was relatively light yesterday, since large-capital issues were lnafctive. In the morning session. Import-related issues such as oil, edible oil and some
      595 words
    • Article
      Sydney
      407 8 MODEST gains by gold stocks yesterday provided one of the (ew points o( interest which saw a further downward drl(t among leading Industrials. New record gold prices ll(ted Central Norseman 10 cents to A 514.90 while Bougainville rose (Ive cents to $1.55. BHP dropped another 10 cents to $7.80.
      407 words
    • Article
      Hongkong
      422 8 FOLLOWING a record-breaking land sale on Monday, the market opened better as speculative buyers pushed glamour stocks higher yesterday. As the index broke 690, heavy institutional and overseas broker profittaking Instigated a general selloff by nervous holders who saw easy profits. Recent high-flyers such as HK Electric, Hutchison, HK
      422 words
    • Article
      Bangkok
      277 8 THE MARKET closed mixed yesterday. with losses In the majority and the Book Club index dropped 0.65 points to 212.M In active trading. Thai Carpet Manufacturing rose 76 baht to 594 while Saha Patanaplbul (ell 24 to 310, and Strong Pack dropped 16 to 288. Financial Bangkok Invest* ment
      277 words
    • Article
      Hanimex reports good sales
      143 8 TWO Hongkong photographic equipment companies have reported good sales at last month's 15th biennial Photokina Fair at Cologne, West Germany. They are Hanimex (HK) and Worthy Tri-vision, which received between them firm orders worth about US$3.6 million. The orders gained by Hanimex were mostly for its
      143 words
    • Article
      Kobe Steel
      74 8 TOKYO: Kobe Steel Ltd. on Monday said it has received a multi-million dollar order from Kaiser Aluminum and Chemical Corp for an aluminum alloys press line. Kobe steel said the order for a 6,600-ton indirect extrusion press line will be used by the American company in a US$23
      74 words
    • Article
      FRANKFURT LOWER
      570 8 EUROPEAN MARKETS FRANKFURT ahare prices fell smld concern about the unrest In currency markets on Monday, dealers said. Heaviest falls were made by Man dropping IS marks. Holsmann 14 marks. Lahmeyer 16 marks, and Bayertsche Verelnsbank 9.90 marks. Karstadt led stores lower with an eight-mark decline. In the
      570 words
    • Article
      Frankfurt
      207 8 OCT M Dm Aef-Telefunken Akso Alti Leben Alls Vers BASF Bay H T Wbank Bay Vbank Bayer BBC BMW CuwUl Chem Verw Com men bank Contl Oumml Daunier-Beru Defussa Detnac Deutsche Bank Dreadner Bank Dt Texaco Dyckerhoff8TA Enka Giants OeUenberi OHH Ha PM-Lloyd Harpener Hoechst Hoesch Horten Kali Salz
      207 words
    • Article
      Amsterdam
      203 8 OCT Fli ABN 353 00 -8 5 Ahold 103 50 -5 1 Akio 25 90 -2.1 AMEV SO 00 -4.5 Am fas 101 00 -3 Amrot Bank 73 SO -0.7 Brrfcai Berk 57 00 -1 88 00 42 Boll 84 50 -3.5 Borsumi) 144 00 -4 Burhmann 88 00
      203 words
    • Article
      Jo'burg
      403 8 OOLDS were higher In fair to moderate trading in line with the bullion price advance on Monday, hut profit-taking pared some gains towards the close, dealers said. Gains amongs heavyweights ranged to 200 cents Against the trend. South Roodt shed 40 cents to 135. ex the special 50 cent
      403 words
    • Article
      Zurich
      182 8 OCT M Francs Actions Sulsses 280 Alusulsse Br 970 Alusulsae Ref 450 unch Brown Bowl Br 1500 -25 Clba Oetgy Br no -15 ClbaOeify PC 710 unch Clba Gelfy Ret MO unch Credit Suisse Br 2155 -10 Credit Suisse Ref IS -2 Elektrowatt Br 1750 -10 Qeorfe Fischer Br
      182 words
    • Article
      Brussels
      94 8 OCT 30 rn rOKWAKO II lAurr Acec 382 12 Arbed 2190 -10 Ajtur 820 -50 Brmacan 420 -IB Bru-Lamb 1530 -25 Canpac 514 -28 Cock 370 4 De Been 182 —5 Ebet 2315 -10 Elecuobel 8820 70 Ob-Inno-Bm 2440 -10 Qe* 1320 Hobofc 3830 10 Petro 3240 Ryl Dutch
      94 words
    • Article
      Milan
      89 8 OCT Ure Anic -0 5 Auoc Oen ***** -130 Baatofi •5 Centrale ♦65 Flat 26S0 15 Finsider -1 Oen Immob ♦0 75 IFIPrl ♦60 IUicemenll 1340 Italgaj 745 *2 lUlalder 332 -20 MtineU U Pf -6 MareM Ere 258 50 -5.5 Mediob Miralania iwoo Mondadort 1725 -1 Montedan 183
      89 words
    • Article
      Paris
      274 8 OCT fr» CORBKILLK Alr-Llqulde 8 S N Oervali Danone CSFlThomaonCM) Cle JYancala* des Petrolea Compacnle Financier* Compacnle Oenerale Credit Foncler De Franc* Hachette (Ubrairter Machine* Bull Michelln (B) Parlbai Pechlney Clflne Kuhlmann Peugeot• PMUpttNvQem Bent) Print* mp« S A Rhone Poulence 8 A Royal Dutch Suett Cle Flnan De)
      274 words
    • Article
      Prices lower
      337 8 Toronto SHARE prices closed lower In active trading on Monday but a recovery on Wall Street cut the decline In the composite Index to about three point* from a 13 point drop at midday. Volume was 4,354,300 shares against 3,744,280 shares at the close on Friday. Losses outnumbered
      337 words
    • Article
      Selected Indices
      63 8 FINANCIAL TIMES INDUSTRIALS Monday 484.4 Friday 48X2 Friday 68 3/4 to 701*4 H.K.HANG SENG L"S <VJt Tuesday *****4 DOW JONES AVERAGE INDUSTRIALS Monday 6KL22 Week ago SYDNEY INDUSTRIAL*-. Monday ***** Tuesday 451JA Friday ***** Monday 45*8® Wrfk ago 890 66 Week ago 462.35 LONDON DOLLAR PREMIUM Monday 67
      63 words
    • Article
      BLUE CHIPS HELP TO CUSHION SLIDE
      1332 8 NEW YORK A RALLY by blue chip* and glamours on Monday cushioned a steep market slide In the third heaviest trading day on record. Analysts said investors were discouraged by sharp erosion of the dollar and prospects that inflation will not be brought under
      1,332 words
  • Page 8 Advertisements
    • Advertisement
      Page 8 Advertisements Column 1
      199 8 The NEW OXFORD ILLUSTRATED DICTICNADy "H'MEI AAC LU "I MAV ■U. M F H'.B /.YM nr i w "N w s-/ in Two Volumes Here it is Oxford celebrates its Quincentenary Year (1478 1978) with the publication of THE NEW OXFORD ILLUSTRATED DICTIONARY. The NeW Oxford Illustrated Dictionary is both
      199 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Boeing plans to enter business jet market
      673 9 r N.AMERICAN L UPI HfE Boeing Co., which has already cornered a major at the commercial airplane market, is hoping to JJHiscle its way into the burEing business-Jet field, it faces an image prob*~The aerospace giant is frorsuing the market not by manufacturing
      UPI  -  673 words
    • Article
      WALL ST PLUNGES
      586 9 THEY'RE calling it the October massacre on Wall Street a devastating market decline that has cut the paper value of stocks by well over US$lOO billion in Just a little more thaw two weeks. Analysts have begun to compare it to the other great market debacles of
      586 words
    • Article
      CHICAGO BOARD OPTIONS
      1524 9 CHICAGO Board options exchange vniumo tWSSSffi.—— n Mo SJSS OPTION JAN APL JLY STOCK Alcoa Alcoa Alcoa 4nv£xp Am, Exp Am Exp AUR All* <U1R fe-P Avon Avan-P Avon 4yon-P Bank Am Bank Am Bank Am Brth S flethS B«thS Burroughs Ifcirroughs Barroujha Burroughs ClUrp crucp CTttcp
      1,524 words
    • Article
      Lock icon Kodak to sell more this Xmas
      384 9 Reuter EASTMAN Kodak Co expects a record year in sales and earnings due to extraordinary demand from dealers for both traditional and instant picture cameras, Chariman Walter 4. Fallon said in remarks prepared for delivery to analysis. Fallon said Kodak's Instant photographic products will
      Reuter  -  384 words
    • Article
      Strong rise in Abitibi earnings
      362 9 I ABITIBI Paper, the world's I largest newsprint producer with its associate Price Company, had third quarter operating earnings of C 522.5 million ($1.16 a share) against $11.2 million, or 55 i cents a share a year earlier, excluding extraordinary items. Revenue was $341 million
      362 words
    • Article
      Copper price increases
      181 9 PHELPS Dodge Corp said it increased its base price for whole plate electrolytic copper cathodes by 2.00 cents a lb, to 72.00 cents, effective immediately. Noranda Sales Corp Ltd said it raised the domestic price for electrolytic copper cathode in Canada to 82.50 Cents fTom 81.50 ffrnatHan
      181 words
    • Article
      Eurobond
      41 9 FR A N KFURT: Deutsche Bank AG as lead manager said the 150 million mark, 12- year Eurobond for of America Corp subsidiary, Bank America Overseas Finance Corp NV of Curacao has a 54/4 pet coupon was priced at par.-Reuter
      41 words
    • Article
      Reynolds Industries third quarter higher
      207 9 RJ REYNOLDS Industries has reported a third quarter profit of US$ll3.l million or $2.31 a share, a 9.3 per cent improvement over last year's $103.5 million or $2.12 a share. The company also said it raised its quarterly dividend to 95 cent a share from
      207 words
    • Article
      Hecla and El Paso in search of buyers
      530 9 FOR more than a year, the Hecla Mining Co. and the EH Paao Natural Gas Co. have been trying, with little hick, to sell a copper mine on the Papago Indian reservation south of Caaa Grande in Arizona. Hecla and El Paso
      530 words
    • Article
      3M earnings accelerate
      184 9 MINNESOTA MINING and Manufacturing Company (3M) has announced a 41 per cent rise in net profits for the third quarter, to U*****.4 million, from $108.8 million in the same period last year. The company, which reported an increase of 21.8 per cent in net income in 1977,
      184 words
    • Article
      Du Pont now earns more
      197 9 THE Du Pont Company has reported its third quarter profit surged 47 per cent compared with the same period a year ago. The chemical company said it earned US$2O6 million or $4.28 a share, up from last year's $143.3 million or $2.91 a share. The
      197 words
    • Article
      Duport lowers expectations
      482 9 EUROPEAN REPORTING taxable profit for the half-year to July 31, 19TO, down from £4.38 million to £2.34 million, the directors of Duport said they expect the full year's profit to be lower than the £7.39 million achieved previously. While results for the halfyear are better than originally
      482 words
    • Article
      Good show at Polaroid
      256 9 POLAROID Corporation was looking as glamorous as ever after reporting a 34 per cent increase in third quarter sales and a 72 per cent surge in net earnings. With the help of an earlier- than- expected start to its autumn selling season, the manufacturer of instant
      256 words
    • Article
      Lock icon British Leyland
      92 9 Reuter LONDON: BL Ltd, formerly British Ley land, has halted work on its £280 million project to double Range Rover and Land Rover output until agreement is reached with the workforce over working extra shifts, a company spokesman said. Contractors employed on expanding assembly lines at Solihull, West
      Reuter  -  92 words
    • Article
      Lock icon Societe National Euroloan
      124 9 Reuter LONDON:A US$63 million Euroloan to Societe National Sonatrach, guaranteed by Banque Exterieure d'Algerie, was signed here, Marine Midland Ltd said as lead manager. The loan carries a spreag of 1-3/8 percent over six** month Libor with a tota£ final maturity of 12 years. Co* lead manager
      Reuter  -  124 words
  • Page 9 Advertisements
    • Advertisement
      Page 9 Advertisements Column 1
      115 9 Our postman's a great chap. He delivers us letters addressed to Piken-Thelmer, Popkin-Welmer and other amazing names. But he always delivers them to us. Who are we? Perkin-Elmer. You are probably hearing more about us as the weeks go by. After all, we are one of America's biggest minicomputer companies,
      115 words
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  • DEALS DONE ON THE SES AND KLSE
    • Article
      In Singapore
      1018 10 MID and offar prtaaa officially hated fend buaineaa in and reported to the Stock Exchange of Singapore yeater--o*l with the number of dtarea traded tfhoOT m Bracket* In lota of I.OWun--3u unleea otherwise apeclfled 2 All Time Settlement Contract* are Quoted after the word "aett Z Big Board
      1,018 words
    • Article
      Government bonds
      105 10 4.1/1* inm (280,000) OOO.?OB 100 898. 4 V 4* tWN (280.000) (N. 908 100.088) 8% 18/4/81 (280.000) (100.108 100.188) f* Tfyvu (250.000) (100.1 SB 100.306} 8 8/4% T F 1W5144 280,000) (102.006) (250.000) (100.708 100.858) 7 1/4% IVVM (250,000) (100.75B) J 1/4* 18/18/88 (280.000) (100.78B) r 1/4% 1/VS7
      105 words
    • Article
      Stock options
      87 10 BTRIKINO prices of the stock option* officially listed on the stock Enhance of Singapore, the periods, bid and offer prices and business done yesterday with the number of options traded shown In brackets. HUME F E (DEC-51.55) (0.418 0.495) INCHAPE (DEC-51.65) (0.258 0.335) PAN ELECTRIC (DEC51.50) (0.308 0.385)
      87 words
  • Article
    Unit trusts
    150 10 HNGAPOU UNIT 1VU OT INCOMI EMM UNIT gfc—— 0tm— w »»> (Can M) The Commerce 2.34 2 49 w 1.13 The Savin* Fund 1.47 lJi Income 1.07 S pare Prof Find 1.07 l.lisd S'pare Sec. Find 1.® 107 S pore Invest Fund 131 1.44 MiliWI arm MA FUND
    150 words
  • Article
    SHARE INFORMATION SERVICE
    2387 10 s 1979 High Low Company UM Sal* +orQr'i DW D*r Or Qr'i rw Net r/i V«l C989) Day Hfcfc Low m ws SECTION ONE INDUSTRIALS *238 m 219 275 111 270 320 245 MO 132 Ac ma 123* Alcorn 112 Allied Choc 133 BAT 196* Bata 90
    2,387 words
  • Article
    In Kuala Lumpur
    1639 10 BID and offer prtcM officially luted and business In and reported to the Kuala Lumpur Stock Exchange yesterday with the number of sham traded shown in brackets In tot* of 1,000 units untees otherwise specified iNOuariiiALj Ajtnamata (2.568 2.908) Attain (l.OOi) (I) 1.98. A C*»a« (1.40B) Bat*
    1,639 words
  • Article
    Central Sugars shares
    57 10 CENTRAL Sugars Berhad has informed the Kuala Lumpur Stock Exchange that effective Nov. 1 1978, the registration and splitting oT Central Sugars Berhad share* will be carried out by Pan Malaysian Sdn. Bhd 15th floor, Wisma MPI Jalan Raja Chulan, Kuala Lumpur. Any enquiry regarding shares and
    57 words
  • Article
    LINGUI APPOINTMENT
    59 10 MISS T)oeng Soon Chin has been appointed as secretary o# Lingui Development* Berhad in place of Miss Lian Sui Sim who has resigned with effect from Oct. 16. Also from the same date, the registered office and the share transfer office of the company have removed to the
    59 words
  • Article, Illustration
    Market fails to sustain buoyancy
    678 10 APART (rem a kMilri sf Mm eUpi skewlag On IwlMdn, tt was towsk gs mmt sf tke way m tit Stock Fvnksagu ef Ike Last week's tsiwsey tolled to MMtota ttoetf as Iswtow were geaera&y kealtaat akeat ceaualttlßg specuslwßj were keMtog eft tor wtst ■eck,
    678 words
  • Article
    Lacklustre activity hits turnover
    528 10 THE KUALA Lumpur Stock Exchange closed mixed to slightly steadier in selective trading yesterday. Activity, however, was lacklustre and this resulted in a low turnover at 2.31 million units valued at M 56.88 million compared with 2.68 million units worth $7.29 million last Friday. An initial
    528 words
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  • COMPANY NEWS
    • Article, Illustration
      Buying opportunities abound in Sime Darby
      1235 11  -  -By MANO SABNANI STOCK broking firm James I Capel (Far East) is advising j that further purchases of Sime Darby shares be defer- red as the shares could move lower in the short term. J Capel says that, in recent months, large speculative positions
      1,235 words
    • Article
      St. Piran reshuffle details out soon
      1056 11  -  By GERALD COLVERD in London DETAILS of the reconstruction of the board of the St. Piran UK and Far East tin mining group are expected to be announced soon following meetings of executives in London. The announcement will lay to rest recent rumours and
      1,056 words
    • Article
      Tan Chong concludes property sale accord
      239 11 TAN CHONG Holdings Berhad has concluded an agreement (or the sale of a piece of its property in Singapore with a Singapore*® at a total consideration of $7.7 million. The property, situated at Upper Aljunied Road, belongs to its wholly-owned subsidiary, Tan Chong and
      239 words
    • Article
      COMPANY MEETINGS
      101 11 Bbd: EGM tTbTlwkrafard Floor, Bangunan MBSB, 1H5 Leboh Ampang, Lumpur, at noon on Nov. 1. Aatfral AmIpmM 11b M: AGM to be held at Wtama Bunga Raya, 152, Jalan Am pang, Kuala Lumpur at 2.30 p.m. on Nov Malayaa Baaklag Berhad: AGM to be held at 92,. Jalan
      101 words
    • LATEST RESULTS
      • Article
        ISLAND Peninsular Development Berhad:
        53 11 Group pre- tax profit for the six months to Sept.3 at $12.23 million ($10.21 million) on sales of *20.56 million ($16.96 million). At the parent company level, pre-tax profit was $4.74 million ($1.21 million) on sales of $9.09 million ($4.25 million). Interim dividend of 9 per
        53 words
      • Article
        Talam Mines:
        28 11 Pre-tax profit for the six months to Sept 30: $374,377 ($309,091) on sales of $871,744 ($l.OB million). First interim dividend at 10 per cent less tax.
        28 words
      • Article
        Austral Enterprises:
        32 11 Pre- tax profit for the six months to Sept 30: $2.56 million ($3.86 million). Turnover amounted to $4.88 million ($5.77 million). First interim dividend at 10 per cent less tax.
        32 words
      • Article
        Sea View Hotel:
        35 11 Group loss of $282,000 ($1.56 million) on turnover of $5.19 million ($2.68 million) for the year ended June 30,1978. Parent company loss of $291,000 (loss $1.58 million) on sales of $5.03 million
        35 words
    • Article
      DIVIDENDS ANNOUNCED
      388 11 1 Carraat Payaiaat Ex Data Booka Close Data Payable Total for Total far the year Previous year KOMUM Troaoh MImi YHS(M) Magaw* Corpa 11% 25*1 12'.% 5%I Oct 12 Oct 10 Oct 4 Oct 4 OctU octao Oct 16 Oct 14 Nov 2 Nov 3 Nov 3 Nov
      388 words
    • Article
      SCRIP ISSUE
      175 11 Con pan y Particulars Ex Data Books Cloae Pub. Bank Bonus Issue of 1 for 4 Nov 6 Nov 16 GuitMH Bonus Issue of 1 for 2 Oct 25 Nov 7 T. Cement Bonus Issue of 1 for S Nov 8 NOV 17 Synthetic Resin* Rights issue of
      175 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      371 11 a COURAGE CONFIDENCE EAOERSHIP DALE CARNEGIE 10 ways the Dale Carnegie Coarse kelps men and woaen: Acquire pant ind confidonci Speak effectively m SHI yourself md your ideal Be it your best with any (roup *m Remember names Think and speak on your teet Control fear and worry a Bt
      371 words
    • Advertisement
      Page 11 Advertisements Column 2
      902 11 SINGAPORE SECURITY FUND An Extract of the Managers' Report INCOME GROWTH Manager's Report The Stock Market During the first halt of the period in review. activity on the stock market was confined to the lower priced issues which attracted high volume and speculation as demand increased for the commodity stocks,
      902 words
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  • Article
    PCI out to break Japanese circuit
    552 12 By TSANG BAU YIN PRINTED Circuits International, the wholly-owned subsidiary of Printed Circuits International Displays of California, has moved into the manufacture of information display modules in a bid to break the monopoly of the Japamk electronics giants in (Ms field. This it the
    552 words
  • Article
    Gold exchange has an edge over Australia's
    700 12 SINGAPORE'S gold exchange will start operations on Nov 22. It will be the first in the Asia-Pacific region to have a comprehensive gold futures market open to international investors. The other gold futures exchange in the region opened in Sydney earlier this year.
    700 words
  • Article
    Joint venture way to sell in Shar jah
    797 12  -  By RONNIE LIM SINGAPOREen t repreneurs were urged yesterday to go into Joint-venture trading enterprises with their counterparts in Sharjah if they intend to make headway in that market. From this first step the two sides could undertake feasibility studies for industrial
    797 words
  • Article
    LONDON STOCKS
    761 12 LONDON, Tues. Share prices closed lower after a quiet session today, dealers aaM. At 3 p.m., the Financial Tims index was down 5.0 at 47*4. The continuing weakness of the dollar and uncertainty about the future for the US Economy, coupled with the fcurk of agreement between the
    761 words
  • Article
    Lock icon HEFTY GAIN FOR KEY U.S. INDEX
    288 12 UPI. THE AMERICAN govern, ment's index of leading economic indicators, designed to forecast the future path of the economy, rose by 0.9 per cent in September far the largest advance since April, th{ US Commerce Department said on Monday. This represented the ond consecutive
    UPI.  -  288 words
  • Article
    Tin guessing game
    193 12 THE US government came under sharp scrutiny on Monday from London metal traders anxious to find out whether it will pull out of the International Tin Agreement if Congress continues to block US commitments to the world pact. The director of commodities in the State Department's Bureau
    193 words
  • Article
    Export control is top issue
    225 12 THE question of whether export controls should be included in an international rubber agreement is likely to be a major issue at negotiations starting in Geneva on Nov 13.' The director of the US State Department's Office of International Commodities, Mr Allan Wendt, told the
    225 words
  • Article
    RUBBER CARRIAGE PACT
    307 12 MALAYSIAN rubber producers, buyers, and carriers to Western Europe yesterday formally signed an agreement that will bind them for the next two years. The separate merchants' agreement (SMA) governs rubber and latex to Western Europe and will continue in effect until September 1, 1980. Yesterday's signing ceremony
    307 words
  • Article
    Lock icon Asean is bitter about Australian cheap fare plan
    286 12 AFP. ASEAN yesterday e»mBimemkJrSSrly -*te the Aastrallaa gevera■•■t a beat prepaaala far ehsap air fares Is Briteta wWeh Aseaa sees as AmW> carrier*. The sabjeet was Mghlighted la a 1 leased after tws days af talhs by the fearth suet lag at
    AFP.  -  286 words
  • Article
    US imports less oil
    35 12 US energy imports fell by 12.5 per cent in the first eight months of this year compared with the same period of 1977, with a significant reduction in July and August.
    35 words
  • Article
    Lock icon Horrendous consequences if trade talks collapse
    534 12 NYT FOLLOWING two sharp reverses for free trade in America in the closing days of Congress, US officials are starting to consider what a breakdown would mean in the five-year-old international talks in Geneva to liberalise trade. "I would say the chances are no
    NYT  -  534 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      78 12 Youcanearn a degree from a good university without ever going to America! Many good American universities now offer non-res Went bachelors, masters, and doctoral degrees, based on life experience plus independent study or equivalency exams. You do not have to go to the U.S. at all. I am an educational
      78 words
    • Advertisement
      Page 12 Advertisements Column 2
      194 12 IT PAYS TO CONSULT INDCSUEZ BEFORE MAKING A DECISION ON YOUR CASH BALANCES Today we are quoting the following for Singapore Dollar term deposits up to *****000 1 month s'/i% p.*. 3 months 5%% p.a. 6 months 6% pj. 9 months 6 p.a. 12 months 6V«% p.a. Savings 4V«%p.a. We
      194 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Lock icon Combining forces
        76 13 AFP THE UNITED Thai Shipping Corporation (Unithai) is optimistic that the Malaysian International Shipping Corporation (MISC) will combine forces in transporting cargo to Europe. Unithai said that the two shipping companies are scheduled to meet next month and the Thai side is optimistic that an agreement on the
        AFP  -  76 words
      • Article
        Royal Nepal Shipping
        95 13 THE recently-formed Royal Nepal Shipping Company has bought two British freighters each of 15,000 dwt, worth £10 million (5543.2 million). The contract was signed in London by two directors of the company, Messrs. P. Rabhakar Rana and Abdul Shamsi, subject to credit facilities being granted. These will
        95 words
      • Article
        Lock icon Ports still paralysed
        89 13 AFP FRENCH PORTS remained paralysed by a seamen's strike for the tenth day running on Monday as a first round of talks was held between unions and shipowners' representatives. Reliable sources said as talks were still going on both sides were maintaining their positions. The unions were
        AFP  -  89 words
    • Article
      EEC urged to accept Liner Code
      544 13 THE EUROPEAN Economic Community Ministers' meeting this month will have an important bearing on the future of the controversial United Nations Code of Conduct for Liner Conferences adopted in April 1974 in Geneva. In an attempt to prod the EEC to come to terms
      544 words
    • Article
      Lock icon London freight market
      213 13 UPI BULK CARRIER rates moved from strength to strength on the US Gulf Holland grain trade where the latest achievement was USslo.a (5J21.73)(fi0) for the Arthur Stove to work a >5,000-tonne Nov 7-15 cargo from the Mississippi River to Rotterdam. Other North American grain interest included a
      UPI  -  213 words
    • Article
      INDEX
      491 13 I SWppU* Page Cat I Aconas m 2 I ACS n 5 I Afea IV 2 1 Auila n 5 Alpac IV 5 ANL I 1 APL m 2 Anhsing II 5 Arya Nat n 5 ASCL m 5 Angkutan ID 4 Aust.Cont IV 5 Bank n 5 BBS
      491 words
    • Article, Illustration
      THE HOVERING HAWK
      54 13 PRIMARILY for sarvey •ai patrsl perpeeee, tke Hever Hawk, t aew BritIsk atmty kmrcnft, ku a keveriag kelgfct st SM mm naUmg It Meal for traverslag rwminpa u< Mi4c sf flkndaM. tke Hawk'* aylaa skirt Is ma ir tram 68 iatfvWiai alrkags m tkat, skaaM several paaetare,
      54 words
    • Article
      Lock icon Harbouring friendly ties
      241 13 Reuter NEGOTIATION S between Chinese authorities and Dutch business interests on a major harbour development and shipping facilities east of Peking and making a deep water channel on the Yangtse River are at an advanced stage. Dutch Secretary of State for Economic Affairs, Mr. K. H. Beyen,
      Reuter  -  241 words
    • Article
      SHIPPING LIST where your ships are due...and when
      4533 17 SCHEDULE A guide to ships loading at Singapore for Ports around the World The list below tabulates, by port of destination, the name of the ship, the shipping line involved and the estimated dates of arrival and departure from the Port of
      4,533 words
    • Article
      Container Schedules
      1238 18 IMPORT FCL CONTAINERS EX CONTAINER VESSELS AT CONTAINER TERMINAL Vessel's Name Voy No. Date/Time Of Completion Of Discharge Date/Time Store Rent Due Mode Of Operations Nihon Maersk Pinto Alemanla Express Thulealand Hakata Maru American Venture Francesca Kurama Maru Asian Princess P.Roosevelt Svendborg Maersk Ever Modest Eleanora Maersk Pinto
      1,238 words
    • Article, Illustration
      SHIPS IN PORT
      255 18 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Bunga Bindang (1300) 19 Eugeniusz Kwiatkowski (1900 after Sudzha) 47 Ibn Bassam (0900) 6/7 John Bakke (1100) 8/9 King Lake (0600) 23 Kota Singapura (0700 Shoryu Maru) 44 Stolt Sheaf (1200) 15/16 Taj (0600) 3/4 Thomaseverett (1500 after Leda Maersk) 35/36 Vishva
      255 words
    • Article
      Lock icon FREIGHT ROUND-UP
      703 18 AFP AFTER SOME hesitation, rates in London went further ahead last week. Once again, the grain trades were by far the most active, with Chinese and Japanese fixtures continuing to absorb a considerable amount of tonnage. The tone remained particularly firm for large vessels due to the shortage
      AFP  -  703 words
    • Article
      London Port dues are falling down
      222 18 THE PORT of London Authority (PLA) has revised its "General Import Schedule" in a bid to make all its docks more attractive to importers. The new schedule abolishes the basic charge which has been regarded as unduly penal by importers, and introduces a new
      222 words
    • Article
      Lock icon Registering at Peking
      48 18 AFP THE President of Lloyd's Register of shipping, ,||r. Robert Huskisson, will visit Peking on Nov 19? a Lloyd's spokesman announced on Monday. He was invited by the corresponding rMnfrgp agency to discuss possible strengthening of technical cooperation between the two organisations, spokesman said.— AFP
      AFP  -  48 words
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      787 13 Barber Hue sea DIRECT DIVERSIFIED DEPENDABLE SERVICES TO/FROM USA AND CANADA Ag«nls Barber Lines Singapore Pte Lid T* ***** Harrisons Crostieid Kuala Lumpur Tit mm/i Pemas-MISC Penang Ttl ***** SEALORD ANTAH \R I) I\ I WIAII fil fm Orient Overseas Co+UouieA Line UASC FULLY CONTMOBED SERVICE TO EUROPE (VM SUEZ)
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      593 13 SEA LAND WEEKLY SERVICE TO/FROM U.S.A. AND JAPAN FASTER TRANSIT/NEW SHIPS CALL FOR DETAILS *****22 _For U S Pacta Gulf Aiiani.c and East Canada (Also accepting t O Hongkong Taiwan japan and Koreai fully containerized fast direct weekly n/12 13/12 17/12 11/12 »/12 21/12 31/12 J/12 22 nz FOR East
      593 words
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      643 14 Hapag-Uoyd RUT CONTAINERISED TO EUROPE EXPRESS CONVENTIONAL TO EUROPE S part PKatag Pen Btoaa Cau tfWj Blutoi Rdam Mw«rp •warn 7/11 5/12 30/11 15/1? 13/12 9/12 11/12 tostfala 27/11 28/11 22/12 18/12 29/12 27/12 22/12 24/12 MMstoM 8/12 9/12 3/1 30/12 13/ 1 11/ 1 7/ 1 9/1 RUT CONTAiERtSED
      643 words
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      409 14 Hut Am* "TtmjUC" Nn It Tr US ATLANTIC US GULF i EAST CANADA la IN 25 IN 20 tat3o FA 3 tall km 21 tan 14 tma tm 30 tM 31 FA U FA I FA 13 FA 12 Tec CANADA/USA Padßc Cent sr IV m 'lL 'I 6-9/11 1-7/12
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      482 14 Gc mm better to the MM* East mmrt berthmg i discharge at all ports ALSO ACCEPT WG CARGO FOR BAHRAIN AND ABU DHABI KM Kim /HiPPtnG v ißaoinG pte. Ltd. ■Ti rfl Tetex KMSPEED RS ***** Td *****37 *****11 EVERGREEN LINE (EVERGREEN MARINE CORPORATION* FAR EAST/RED SEA, MEDITERRANEAN SEA EXPRESS
      482 words
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      845 14 Everett Lines m ,Imm Five Star Sbippiai Carp«. "BURMESE NATIONAL LINE" LOMME FOR MM wrrm 7/ 9 Nat B F SS C Agents in Malaysia TEPS MALAYSIA Port Kelang TH (38) 7355 Penang Tel. *****/***** Nmucioa lataueati—Mtri S. A. C.I. F. "ARGENTINE NATIONAL LINE" Mm*** H/nv •SaMact to aMKaawM C«A
      845 words
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      742 14 I 10 SANKYO LINE 1 jfß GENERAL AGENTS CONTAMER OOOMNG LOAD AGENTS P KELANG PENANG 3/ 5 NOV PORT AOCLJCL.STD 1/ 9 NOV 6/ 7 NOV DUN. BROOME FK 11/17 NOV 13/ IS NOV SID. MEL. ADO. 5/ 7 DEC 1/10 DCC SYOJB.JWQ CE 13/14 NOV 11/12 NOV CMTTAGONG. CHALNA
      742 words
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      3732 15 QCI Overseas Containers Limited ggTAgjRSMP ag TO W/COWWOf: H-»W| ream Li j PMMg Omm Inn M p Havre .55: <5o«) US' 14 *>* Dec 7 tec lOk <12 Ok) J S— 'y 8 11 7Ok »DK 10 OK 12 OK 13 K »M 10 OK 12 0k UOK (IS Ok)
      3,732 words
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      925 16 K LINE KAWASAKI KISEN KAISHA. LTD. (¥M SUEZ toy TO EUROPE 0 RESEMCWR 4N SSBMW in tCPTUK COME lON crnut riu 13* dm(hmmntii Sport P KdantL Havre H'bvrg ~3NM SNM| nNM 24 NM 9Nm 11 NM 29 NM 31 NM 10 Nm II Nm (Dk I tec Htg-gHw! 13 Dec
      925 words
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      816 16 U.S.A./EAST CANADA SERVICE ACCEPTOR fa/ia CONTAROS FK (mon IPINMM.P KUKiW MBOI. NOVOiI C.C./GREAT LAKES SERVICE NORFOLK. KM TOM. MONTREAL TORONTO. ASHTABULA. KTROn CNKAGO Peiiang BdMoi P Mini Swgaoo<e CALfORNIA/PACFIC NORTH WEST SERVICE Lm*| tar LOS ma UN FRANCISCO. SEATTIE. TACORIA. NKOHQ I.C P«»«l P Ml** S«ga»ore 'LA** nuasr tw im,
      816 words
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      951 16 ®1 1 NEPTUNE ORIENT UNES LTD 'FULLY CONTAINERISED SERVICES: :\ym I 1" r **"|Sto« Ha,rt HtMf| Brem Rlarn Aacrp i s*SJ2?° t iSHntl? m n 25 Nte 28 Nm 21 NM ,Js®® !1 17 *w 29 NM 31 NM IOK2 SK 40M J®* IS tif 5* 4** •Ok lOk lOkII
      951 words
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      699 16 M 7/7, MAl*rsiAN INTtMNATIONAI SHIPPING CO*PO*ATK)N &I*HAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT /SCANDINAVIA «TKW faodw *PMa* Vtstl nmcaa m houm VII TOT MM fUMOU 11/11 KOORKMI W4NCEJCA 19/11 HSHOVTM Snort 1) Ms«*n 2) Btoir 3) H twg 4) Gterg VII 12/11 17/11 10/11 21/11 vii n/u x/u 20/u M/u
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      641 16 WeMav Ntveober 1,1 INTRASEA (PTE) LTD f Jb." Hoiisp 3-3 E 0-ch.rc Road Smqapore 9 Telephone ..3526' *****5.STRAITS/AUSTRALIA SERVICE tn.T»» y.. S4o P2® f P Ke<an Lm «W- FORTUO V. 9A taPtri Sated Brisbane/Sydntf »i Melbourne Adelaide GREAT BRISBANE VOY 10A.. 20 Nm II Nm -do n J"**"* muaifni) iid
      641 words
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      247 17 SHIPPING MEDAFRICA LINE NAVIGAZIONE SAN PAOLA spa 1 J REGULAR MONTHLY OKCT SERVICE FROM SHGATOK TO PORT HARCOtftT AND LAGOS (MGERtt) SM6APORE P. HARCOURT LAGOS ;no<»r aai (BIT 1975) hnm 7 d* .'ANTOKS GUMS H (BIT 1974) It Nov 150k r* 15 Dk 10 Jan tmtmm A aruAMI wp Mrac«
      247 words
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      205 17 Seatrain Full Container Service to USA KHtt VS. STOKf MOTIO Wt M OM U GUlf f/C AVein 7/H Sutrw 1/11 Uunftoi 15/11 3/12 1/12 7/12 10/12 V. 145 Full Container Service from USA wnava t/c gulf om i* hk fih»vs. iron St air am 2/ia n/io n/io l/u KMriMfar 12/11
      205 words
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      177 17 -^HKli^- FAREAST WEST AFRICA SERVICES CONTAHER SERVICE fT* STORE ETA LA6OS FIOWI No* 21 Dec (Mm Kcepfof c«{o tor Port Harcowt and Tnu) BULK SERVICE (NON-CONTAMERiSED) nam knnc lmos ■u wmu* -nik. an IB JUU MD BB« nc LTD STORE 221S4CC ■CRM SDN M> Kl 551(21/3 fOMMG C 3527 \\A
      177 words
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