The Business Times, 16 November 1978
1978-11-16
1
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The Business Times
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Title Section11 1978-11-16 1 BUSINESS TIMES M.C.(P) No. 21V1/T8 THURSDAY, NOVEMBER IC, lf» 50 CENTS11 words
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BRIEFLY...
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Article60 1978-11-16 1 Reuter WASHINGTON, Wed. US Treasury Assistant Secretary Fred Bergsten said the US seeks international agreements to limit the incentives nations can use to attract investment by multinational corporations. Mr. Bergsten specifically complained about investment incentives offered by Canada, Britain, Brazil and Mexico. "If these measures continue to proliferate,Reuter - 60 words
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Article45 1978-11-16 1 KUALA LUMPUR, Wed.— Asean economic ministers will meet here next month to map out new strategies to effect greater economic cooperation among the member states. The meeting, to be held from Dec 6 to 8, will be the seventh session to be convened.45 words
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Article58 1978-11-16 1 KUALA LUMPUR, Wed.— One of the world's leading chemical and petroleum companies Diamond Shamrock Corporation of Cleveland has moved into Malaysia by acquiring Ansul (Far East) Sdn Bhd. The US firm's president and chief executive, Mr. H.Bricker, made a brief visit here recently to meet Malaysian government officials58 words
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Article55 1978-11-16 1 UPI TOKYO, Wed.— The US dollar rallied against the yen in Tokyo today, closing trading at 190.06 yen, up from 188.65 at Tuesday's close. Turnover totalled US$437 million, up from $311 million the previous day. The American currency was bought actively as traders anticipated that it would stabiliseUPI - 55 words
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Article62 1978-11-16 1 UPI TEHERAN, Wed.— About 75 per cent of Iran's 67,000 oil workers are now back at their jobs, American oil experts said today, but there is still considerable tension in the industry. The National Iranian Oil Company said that "crude oil output is now about three million barrelsUPI - 62 words
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Article65 1978-11-16 1 AP PARIS, Wed Saudi Arabian Oil Minister Sheikh Ahmed Zaki Yamani has told a French television audience that future increases in oil prices should be carried out gradually so as not to disrupt the world economy. The oil price increases are in the long run in the interestsAP - 65 words
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Article54 1978-11-16 1 Reuter UNITED NATIONS, Wed.— China, which has identified itself with the Third World and spurned any great power role since it entered the UN in 1971, has asked the world body for development aid, officials said today. This is the first time China has approached theReuter - 54 words
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Article48 1978-11-16 1 AP NEW YORK, Wed.— The stock market turned broadly higher this morning after two days of sharp losses. The Dow Jones industrial average of 30 industrials was ahead by 7.97 at 793.23 after the first half-hour. Advances outstripped declines 2 to 1 among the NYSE-issues.— AP.AP - 48 words
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Chief Price Changes
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Article115 1978-11-16 1 Rises Most Active CCM 900 +20 Sealion 354,000 SmJIM 193 12 S Darby 265,000 9aU»«or Dradg 400 >10 H Par 233.000 DunJop lad a— t Liih Barjuntai Nat lroa 430 332 875 580 +8 +8 +5 +-5 Consplant 184,000 Total Turnover: 4.67m Total Value: $10.55m UOL Tractor*115 words
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Article, Illustration132 1978-11-16 1 Sea view Rises 100 15 15 12 10 10 Most Active OCBC 785 S Darby 361,000 M Tobacco 398 220 Consplant 239.000 K Sidim Kulim 196,000 CCM 500 H Par 195,000 Troooh 670 10 Total Turnover: 2.52m C Sugars 302 07 Total Value: M$5.63m Tan Chong 289132 words
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237 1978-11-16 1 HOPES OF AN early redevelopment of the 10-acre site occupied by the Singapore Polytechnic at Prince Edward Road appears to have ended. News is out that the main campus is now occupied by some sections of the Ministry of Labour and its237 words
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Article62 1978-11-16 1 m. THE JAPAN Shipbuilders' Association plans to have the nation's seven largest shipbuilding companies hold down operations during fiscal 1979 to an average 35 per cent of the fiscal 1974 peak level, Mr. Hisashi Shinto, president of the association, said yesterday. Mr. Shinto said the62 words
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530 1978-11-16 1 QUEK PECK LIM - $7m IN COMPENSATION Bv QUEK PECK LIM INSURANCE companies, Just beginning to count the cost of the Spyros disaster have come to the preliminary estimate that on workmen's compensation alone, they may be required to pay out about $7 million. This is understood to530 words
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805 1978-11-16 1 SUSAN BEVAN - By SUSAN BEVAN PLANTATION Holdings, the British-based estate and light engineering company is to split itself into its Malaysian and British components which will be held in two separate companies one of them Malaysian. This will occur, the company says, regardless of the outcome of805 words
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247 1978-11-16 1 METAL Bex Tiff iff (MBS) yesterday revealed the bbbms sf the tear new faces thai will he Its heard fetlewiag Praser aai Neave aai Malayan In this eaa-maklag r, !T£ tear, three an spprintei by the P and N D —r i miiiin247 words
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672 1978-11-16 1 JOHN TAN - ®y JOHN TAN THE INDONESIAN rupiah has been devalued 50 per cent against the US dollar, Economy Minister Widjojo Nitisastro said yesterday. The rupiah will now be freed from its fixed parity with the dollar, and will be managed in a float against a672 words
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Page 1 Advertisements
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Advertisement118 1978-11-16 1 KHMC3 OF THE ROAD Peugeot is riding high these days. It is not only Europe's top auto manufacturer but also the fifth largest in the whole world. Not bad for a family concern! To make France the only country that can rival the motor industry of America and Japan, Peugeot118 words
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Advertisement17 1978-11-16 1 33 SHIPPING TIMES Hfe PAROCHIALISM «f "Mi yi^- YBIA h>>ei te githeie BBRBB trade flgarea hit J^PAN^f17 words
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Advertisement322 1978-11-16 1 (I AKAIPROU Nowadays we csn't thtnk of a better way to presentt quality sound system than the The audio experts at the Akai laboratory studios tn Japan have selected f+ntef com pone eu and naatiy fated them into a upright shelf that's tndy space savmg, functional and modem. The Pro322 words
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TRADE AND INDUSTRY
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Article252 1978-11-16 2 MALAYSIA'S frozen cooked prawns industry has come through its teething stage, and has now reached a standard where factories processing the prawns are able to face fierce overseas competition, Mr. Oh Kay Seng, chairman of the Malaysian Frozen Foods Processors' Association, said in Penang. He252 words
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Article158 1978-11-16 2 UPI HONGKONG dislodged the United States as the leading buyer of Philippine plywood and veneer in the first nine months of this year. A report from the Philippine Trade Ministry yesterday stated Hongkong imported U5531.35 million (over Ss6B million) worth of plywood and veneer from JanuaryUPI - 158 words
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108 1978-11-16 2 THE Singapore Institute of Management. will conduct tour courses,'with the first on Nov 27 at the Shangri-La Hi tel. This is a course on chief executive and his climate." 11m course leader will be Dr. Patrick Kehoe and the &is $125 for members and for108 words
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Article, Illustration609 1978-11-16 2 SOH TIANG KENG - By SOH TIANG KENG GOVERNMENTintervention may become necessary if the life insurance industry fails to regulate itself. This warning was given yesterday by Mr. Vincent Chua, president of the Life Underwriters Association of Singapore (LUA). Speaking to life insurance agents at the three-day609 words
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Article, Illustration277 1978-11-16 2 HARD, pushy, aggressive aad even ebooxieus. This Is the public image of the insurance salesman, according to a management consultant, Mr. Tan Son Jin. But this image, he maintains, represents n distorted view of insurance salesmen In general. Speaking on effective sales management at the First Sales277 words
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199 1978-11-16 2 PHILIPPINE Airlines (PAL) has agreed to buy two European Airbus medium-haul wide-bodied Jets costing about US$3O million (SKO.3 million) each, the Business Day newspaper reported in Manila. The airline is still negotiating funding (or the purchases with a Japanese financial consortium led by199 words
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63 1978-11-16 2 UPI PHILIPPINE Economic Planning Minister Gerardo Stent said on Tuesday the government next year will channel about two Nllfrm pews (SKS million) in additional capital outlay Jor development. President Marcos three roooths ago approved a 32.2bUlion peso budget for next year. The government next yearUPI - 63 words
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Article, Illustration602 1978-11-16 2 A NEW optical telescope, which combines three major technological advances at a quarter of the cost of a conventional instrument, has been proposed as a national facility for Australian universities. Engineers from the Australian National University's Mount Stromlo and Siding Spring Observatories use overseas602 words
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Article124 1978-11-16 2 Reuter THE BANK of Montreal will open a branch in Seoul next Monday. The branch would offer a full range of commercial services. The bank has provided about US$BO million (SJI7S million) in offshore loans to Korean firms this year and is expected to lendReuter - 124 words
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215 1978-11-16 2 AFP PAKISTAN has signed an agreement with the Gulf Oil Company of the US for exploration and production of petroleum in the country. Under the agreement Gulf will share 85 per cent of the expenditures during the exploration while Oil and Gas DevelopmentAFP - 215 words
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Article109 1978-11-16 2 AFP THE UNITED States and Japan have failed to conclude a bilateral textile accord. In recent talks at Geneva, Japan rejected a stricter-than-expecied US proposal for control over Japanese exports to the US, said the Ministry of International Trade and Industry. The talks will be resumedAFP - 109 words
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232 1978-11-16 3 ASEAN will propose a formal cooperation agreement with the European Economic Community (EEC) at the first Asean-EEC ministerial meeting in Brussels next Monday. The agreement will lay the foundation for better economic »«h political relationship between the five Asean countries and the nine EEC232 words
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Article, Illustration383 1978-11-16 3 A BRITISH expert on electrical equipment standards and safety has warned of the possible dangers of using more than two plugs in each power adaptor. Adding more plugs to an adaptor will not only cause overloading and overheating of critical sockets and plug parts, but383 words
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Article202 1978-11-16 3 A THREE-DAY seminar on "Tall buildings design and analysis" will be held from Nov 22 to 24 at the Goodwood Park Hotel. More than 0) participants from Malaysia, Indonesia, Brunei, Hongkong and Singapore will attend the seminar which is organised by Com pa International. Leading202 words
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Article235 1978-11-16 3 UAL Incorporated, the parent firm of United Airlines, yesterday became the second US airline company to express interest in building hotels in China. Pan American World Airways said late last week it planned to build a number of hotels in China costing about US$5OO million235 words
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Article391 1978-11-16 3 COURSES AND TALKS Oct 16-Dec 18 (every Monday): A detailed study of reinsurance and its role in the conduct of insurance business, srrc, srrc. Oct 25-Nov 17: Business law, SIM, SIM Nov 6-17: Export Marketing, Hotel Royal-Ramada, NPB. Nov 6-Jan 27: Life insurance agents certificate course (English and391 words
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70 1978-11-16 3 PHILIPPINE Prudiiwt Mann yartßftoy aaderie«r(i the vital role pSEisrars IWlllft ui eqwrti to wmtk toward jy yJrte rtttHrf SL'ar'al «5t Adiraaring the 11th AiUa Aivtrtlilag Cyw» ke EZ nto'iistog tke regtoa'a depeadeaee U* Worton nwiiflu Tke Weston hHU, mU Mr. Mihw, kad dtotortoi m70 words
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Article, Illustration622 1978-11-16 3 ASEAN, EUROPEAN MARKETS MALAYSIA may become a manufacturing base lor automotive components tar the Aseaa market, according to Malaysian Deputy Prime Minister Datuk Seri Dr Makathir Mohamad. "It is most encouraging to hear hueiwasmi n of Joint Malaysian-Japanese technology to manufacture goods In622 words
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Page 2 Advertisements
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Advertisement254 1978-11-16 2 Why not give yourself the gift you deserve. You may not have considered buying Becaus yourself a gift this festive season but in Ask there are some things which are too inforrr important to be left to chance. Like The subscri Asian Wall Street Journal. newsst The Journal is a254 words
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Page 2 Miscellaneous
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Miscellaneous591 1978-11-16 2 CRYPTIC PUZZLE ACROSS 1 Moist, yet may be on fire (4) 4 Small fastener but heavy 8 Bronco buster's horse, It appears (3) 10 Exchange PoWi, 13 EirrUted, aybe Cora's on cigars! (7) 15 Give a shot In the arm? <«> 17 Eve? (5, 4) 21 Negative In any form591 words
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Page 3 Advertisements
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Advertisement103 1978-11-16 3 ¥ju want the best service to theUSA and Canada? Wfe\egotit. f v.-r t We '11 speed you to the States and Canada any day you choose.^^^^E Just take our 10.30 p. one-stop hop to London for an unbeatable choice non-stop connecting flights to Boston, Chicago, f Los Angeles, Miami, New103 words
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RAW MATERIALS
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Article423 1978-11-16 4 THE SINGAPORE rubber market yesterday closed slightly higher with December One RSS buyers quoted at 252.25 cents per kilo, up one cent from Tuesday's close. The afternoon session was quietly steady and closed unchanged from noon as operators became cautious, dealers said. The morning session closed423 words
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Article349 1978-11-16 4 Prices In cents per kilo yesterday: Noon (per Ulo) Buyers Sellers Int. 1 R.S S. prompt l o b 249.50 250.50N Int. 1 R.S.S. December 251.50 252.00. Int. 1 R.S.S. January 254.50 256.50 Int. 2 R.S.S. 245 50 246.50N UK Coat. 244.50 245.50N Int. 3 R.S.S 242.50 243.50N349 words
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Article99 1978-11-16 4 NOON SSR and SMR prices yesterday: BAB (Cam Bsyon ■1 Mlk) i gdhn (FMwrtMlk) SSR 20 (1-ton pallet) pwk*> "J* 1 Um* parte) 236.00 241.00N 241.50 243.5QN SSR SO (1-ton pallet) 237 00 239 OON 239 50 241.50N M It E LBelfl SMRSCV (1-ton pallet) 2G5.00 267.OON99 words
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Article31 1978-11-16 4 Rubber: Nov 15 Singapore: December: 252.25 cents (up one cent) Malaysia: December: 252.75 cents (up 0.75 cent) Tin: M 51,885 (down $25) Official offering: 214 tonnes (down 29 tonnes)31 words
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Article180 1978-11-16 4 BANGKOK rice prices were quoted as follows yesterday: (la US dollars per tonne FOB. basis Bangkok) Wttte itoa: 100 pet Ist class 350, 100 pet tad class 335. 100 pet 3rd class 330. 5 pet 333. 10 pet 300. 15 pet 85. 30 pet 390, 8 pet 385, 35180 words
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Article128 1978-11-16 4 COCOA futures in London yesterday steadied initially against New York, then advanced further to end the opening cell £15 to £18 higher. Turnover was G57 lots including 151 crosseg. Traders said good commission-bouse interest brought added'short-cover-ing, attracted fresh buying and pushed the market to the highs at end-call. No128 words
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Article409 1978-11-16 4 COMMODITY prices finished mixed in quiet and featureless trading at the Singapore produce market yesterday. Coconut oil and copra gained what they lost the day before following the marking up of prices by the Philippines. Sentiment in this sector at the market was also aided by the good409 words
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Article186 1978-11-16 4 THE SUGAR futures market yesterday closed slightly firmer in continued quiet trading, with five lots traded against Tuesday's 15. Gains ranged from 0.03 to 0.08 US cents, while net open positions after Tuesday's trading totalled 27 lots, dealers said. ctaMjsgprfccs: Jan MO/1* 8.00/10 Mcfc 8.70/00 8.00/71 May BJO/M186 words
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Article170 1978-11-16 4 TARN ate cotton la dollars, spot ex-godoara: Cskea yaea: CMaa Blur ptoeM* m too. m tm. m tm (per bate at Qa). Im* feeds: Cite Butterfly ate Globe braad aaq, Dragon Head aaq; Fh* Lamb*.uu); Flow ate Butterfly uaq. Flying Oeaae uaq laches by Myank). 4J4; MM* 4.M;170 words
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Article217 1978-11-16 4 ROBUSTA futures in London yesterday ended the opening call about steady, £2 up to unchanged from Tuesday in sales at 100 lots. Dealers said initial gsitw were around £6 basis March at £1,351 but early buying interest dried up and values drifted to around overnight levels by end session.217 words
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Article176 1978-11-16 4 THE STRAITS tin price in Ptnang yesterday Ml a further MJ2S to H. 385 per picul. The continued weakness stemmed (ran a lack of buyers at higher levels, even though n smaller volume of tin was delivered and there was a London recovery on Tuesday. Total turnover decreased176 words
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Article187 1978-11-16 4 SUGAR futures in London yesterday drifted marginally lower around kerb levels at the opening. There were 852 lots traded including 804 kerb trades, in very quiet trading. Light commission-bouse selling was initially well absorbed by the trade and, although prices drifted on the downside, there were signs of a187 words
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Article92 1978-11-16 4 LEAD ended the morning £14.25 down for cash and £12 lower (or Three Months. The market again came under pressure from long liquidation, chartist selling and stop-kw orders which took Three Months down to £365 per tonne, a new low for the current move. This compares with a high92 words
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Article83 1978-11-16 4 ZINC was £4.25 down for cash and £4 lower for Three Months in London yesterday. Dealers said the market was again pulled lower by the trend in lead but, as in recent sessions, the fall was not as much as in the other metals. Three Months traded down to83 words
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Article126 1978-11-16 4 CHICAGO soybean futures closed two to 5V4 US cents a bushel lower following an afternoon of choppy, mostly local trade, on Tuesday. A late feature was selling by an export Arm whose heavy buying on Monday was largely respouible for preventing s sharply lower finish. Soybean meal futures cut126 words
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Article77 1978-11-16 4 WHEAT futures in Chicago on Tuesday ended near session lows after retracing the losses they nearly shed in a midday short-covering rally. Prices closed down JVi to SV« US cents a bushel. Morning declines came on proftsritml and commer- cial selling but were trimmed as Aorts were covered. Reasons77 words
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Article67 1978-11-16 4 CJ T. North European ports. In US dollars per (on unlet* otherwise stated LONDON: Monday Previous Malaysian 5%ffa bulk pe r tonne January unch Nhlr Sumatra 5% tta bulk Afloat uneh M6pd November OBpd OBalr December OOpd •ISpd •BHslr January •tOslr/ February 612'tpd unch 617'i sir March/April N£prj»S%Ha67 words
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Article277 1978-11-16 4 COPPER wtrebars in London yesterday finished the morning down £2.5 for cash and £3 for Three Months. The early pre-market was steady on covering against overnight us physical demand but the higher levels were not held as sporadic profit-taking and liquidation developed following a further bout at selling in277 words
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Article142 1978-11-16 4 SILVER closed at HK5276.50 per 10 ounces in Hongkong yesterday, unchanged from Monday's close, in continued quiet trading, dealers said. The day's fixing price was also unchanged at HKJ276.50. On the LONDON Metal Exchange, silver was down 1.2 to 1.4 pence per troy ounce. The gains in US futures142 words
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Article361 1978-11-16 4 THE KILOBAR in Singapore opened at 5H4.730 yesterday, and closed bearishly at $14,099. The high and low were $14,733 and 114,638, respectively. The market was fairly active. Spot gold for London delivery opened at US$3OB.OO/209.09 and closed lower at US$30 7 JO/TO. The high was USS3O9J9/309.99 while the low361 words
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Article65 1978-11-16 4 ALUMINIUM was £3 per tonne down. The market eased In the ring under commissionhouse selling until mixed buying and short-cowering rallied values from a low of £SM up to £586 per tonne. Dealers said the market has fallen from its highest levels of £614.50 a week ago against the65 words
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MONEY AND EXCHANGE$
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Article448 1978-11-16 4 THE US dollar firmed against major currencies in yesterday's trading on the foreign exchange market. Against the yen, it opened at 199.00/10 and was taken op to 10.75/85 later in the day. It reached the day's high of 190.10/20 in late afternoon trading but lost some points and448 words
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Article167 1978-11-16 4 Asian rates ASIAN currency deposit Interbank rates as at cloae on Not 15: US IMU»<8«t) Offer Mi 7dajra 10'* 10 1 month 15/16 13/18 2 months 11V16 11 VIC 3 months 11 U/lt 11 months 12H 12 months 12 11H 12 months 11 l&/l« 1113/18 NJn. fICUiU Dm. 1 month167 words
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Article52 1978-11-16 4 ftaac* of p rtoM kjr ilecemet kM M Nov 1ft: Ovtrmlfkl »(«1H Call Itpotlu cwn m_ a m 3 month Mjriac H>W< Treasury bUli l 3H 3V. 3 month Bank bills 6H 8 1 3 month CD 7 1/16 1V16 6 month CD 79/16 7 3/16 Source: National Discount52 words
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Article21 1978-11-16 4 THE av«rage rate at which Singapore hanks are currently prepared to lend to their best customers is 7.5 per cent.21 words
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Article43 1978-11-16 4 THE MONETARY Authority of Singapore has invited banks and discount houses to tender for a total of $30 million 91-day Treasury bills to be issued from Nov 20 to Nov 24. Each tender must not be (or less than 1250,000.43 words
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Article204 1978-11-16 4 THE DOLLAR yesterday opened firm at 1.8955/65 marks from 1.8863/73 overnight as the continued European central bank support deterred sellers in an otherwise quiet market, dealers said. It opened at 190.00/190.15 yen, in line with the day's Tokyo close, following the news that on a customs clearance basis the204 words
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Article208 1978-11-16 4 THE US dollar yesterday rose in fairly active late trading on news that Japan's October customs clearance trade surplus fell to US$l.53 bUtton tram 52.09 button in September, dealers said. They said the US currency rase to a 190.15 yen high in immediate reaction to the news but eased208 words
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Article142 1978-11-16 4 THE DOLLAR on Tuesday closed little changed from its opening levels, and Monday's rinsing levels, in relatively quiet trading. Dealers said the unit again appeared to be bolstered by New York Federal Reserve Bank intervention and European central hanks intervention In tradii« that was otherwise uneventful. The deutschemark142 words
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Article144 1978-11-16 4 THE DOLLAR for overnight delivery yesterday closed higher at 190.05 yen, compared with a 199.00 opening and 188.70 at TMsday's close. The US currency strengthened in moderate trading as Japanese traders and manufacturers increased import covering, while some Japanese and foreign hanks bought dollars to adJust positions, dealers said.144 words
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Article55 1978-11-16 4 AUSTRALIA and New Zen land exchanges on Nov 15: AUSTRALIA: US dollar I.ISM/1.M13 Tli i Mag I) HTI I'll Nlacty-day afcvall buytac rates SlerHas 0 Ul» US dollar 1.1944 WHT dij forward layln mm: swrttsgaae US dollar 1.1391 NEW ZEALAND Shrk|lSM/UIB US drtfcr IMUICS Ntaoty-day alnaall baytaf ratco: sweat55 words
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Article33 1978-11-16 4 ZURICH rii haiijn "»—»"g quotas on Nov M: £-iSZSi Caa- IJN7 SS DPI —IMBMMM4 F Ft V JSB-HM Bfr-IWMMt DKr-&jnUtt7 NKr-BJBMm Ltt-ttMMM AM K* UJ***** Port-UTHMM spaia iasm Art *17-17 Tea JQMM233 words
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Page 4 Advertisements
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Advertisement141 1978-11-16 4 NOW in FONTAN Paperback ■p'o3^-' H }|ia 2 3 iki ROBERT ELEGANT -f I :> SI "Power and poignancv descriptive brillance."* CHICAGO TRIBU THE SEKLOONGS are Hong Kong's merchant princes flamboyant, sensual, wily, unimaginably rich. Jonathan Sekloong has built a vast trading empire, renowned throughout the east. But there are141 words
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OVERSEAS
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769 1978-11-16 5 EEC MEMBERSHIP Agencies PRIME Minister James Callaghan said Britain will stay in the European Common Market, hours after be had attacked the cost of belonging to it. In the House of Commons, the Premier was pressed by anti-market lawmakers of the governing Labour PartyAgencies - 769 words
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452 1978-11-16 5 Reuter UPI THE possible association of Switzerland in the European monetary system (EMS) will only be discussed by the European Commission after Jan 1, president Roy Jenkins said in Berne. The communique published after the Bremen summit clearly leaves the door open forReuter; UPI - 452 words
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WORLD IN BRIEF
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Article468 1978-11-16 5 Agencies A US bank prime lending rate of 13 per cent or even higher is conceivable under present economic conditions, according to ContinentiaJ Illinois Bank chairman Roger Anderson. He was asked after a National Foreign Trade convention in New York to comment on recent forecastsAgencies - 468 words
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242 1978-11-16 5 Reuter BRITAIN announced on Tuesday its best trade figures since April, including record sales by the country's exporters. The government's figures showed a balance of payments surplus of £209 million (***** million) for October, compared with a deficit in September of £140 million. MostReuter - 242 words
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Article379 1978-11-16 5 AP THE STOCKPILING o< materials for wartime has not been good far American taxpayers from an economic standpoint, two economists told Congress on Tuesday. Testifying on the financial merits of stockpiling, the economists said the US government could do better by selling <rff its stockpilesAP - 379 words
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Article, Illustration170 1978-11-16 5 SCIENTISTS at Britain's Harwell at—ie eaergy meareh establisbmat have discovered a rhrspnr way sf predadag beiipsiats for Dariag werk ea the devclepmeat sf aactoar faeis, adnthh feaad they were prefacing ttn balls mi eertala exldes aid eara ■"•Wj WBIC® WCrC VI m I iBHIBIfBI slae aad the170 words
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Article96 1978-11-16 5 THE International Sugar Council (ISC) is to meet in London tomorrow to agree on global export quotas for producer members and to compile the first estimate of import requirements, in both cases for 1979. These decisions will be taken in the light of recommendations from the council's96 words
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333 1978-11-16 5 Reuter THE 'US Department of Energy yesterday announced its selection of eight energy technologies it will push for immediate commercial use in the effort to cut reliance on imported oil. The approaches range from use of high efficiency motors and enhanced oil recovery to small hydroelectricReuter - 333 words
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Article166 1978-11-16 5 Reuter THE US economy is forecast to experience "somewhat lower" growth in 1979 and that unemployment probably will rise from this year's level. Chief economist st the US State Department Courtenay Slater told the US Agriculture Department's food and agricultural outlook conference that a dramatic,Reuter - 166 words
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Article81 1978-11-16 5 OPEC may introduce periodic adjustments of oil prices next Jan 1, Venezuelan Minister of Energy and Mines Valentin Hernandez said in an interview with the magazine Autentico in Caracas. These adjustments could take place every three months and could range from 2 to 3 per cent, for81 words
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Article719 1978-11-16 5 ARRIVALS Service Local Operator Nanber Time From MAS MH607 0845 KUL MAS MH671 0945 PEN/KUL CPA CX710 1006 HLP RBA BOO 1030 BWN GIA GAM) 1030 HLP MAS MH606 1045 KUL SIA SQ1G3 1045 KUL SIA SQ209 IOC HLP GIA CA944 1055 PKU GIA GA908 1100 MES719 words
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Page 5 Advertisements
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Advertisement108 1978-11-16 5 *> V M.V a* > y i >? Si' i 1 ii v;*' -A V -5* 'J'-:, ■<£• 4 s" mm im r-.,* I $gf 1 H 15 P 1 *\gW« \v^- < > y v-Vr MP 4 W>s ■:< V v vf* vi -V, t ji p .f j"•108 words
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Article588 1978-11-16 6 REMARKS by the president of the Life Underwriters Association that the government may intervene in the industry are certain to raise a great many eyebrows, including those of life insurance agents and the Insurance Commissioner himself. After all, the commissioner, in his speech the same day, had588 words
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Article, Illustration1907 1978-11-16 6 The Italians are now the world's biggest builders abroad, an assertion they make based on their own calculations. But Italian companies have been highly successful in securing contracts overseas, espe- cially in developing countries. The problem is, how long will all thisThe Economist; Source: - 1,907 words
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Page 6 Advertisements
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Advertisement164 1978-11-16 6 J" Wf>* m HenkeUTrocken The award-winning sparkling wine from Germany. A »Mtm umßry product fnw r n w TV Mngmg Mai ting and danca tua toy out o« you Cnarmmg and attractwa d«e Lowa* Caiman f sizzling and «y*at*>g act lo a non-atoo toottunQ pop to <v 4 Hotel Royal-RAMAM164 words
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Page 6 Miscellaneous
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Miscellaneous59 1978-11-16 6 OUTLOOK for Singapore from 6 a.m. to noon today: Isolated showers in late mornReport far U 15 at the airport: to 7J9 pjn. aa Nav Maximum temperature 30.GC Associated humidity 67 Minimum temperature 23.5 C Associated humidity 96 Hours of sunshine 0.90 Rainfall in millimetres 29.5 Total rainfall for the59 words
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Miscellaneous282 1978-11-16 6 'HRWDTO SINGAPORE 5 3.00 PM Opening announcements fot- lowed by The VR* Li** 3.30 Diary Of Events (Chinese)* 3.35 Home Sweet Home with Englisii subtitles (Repeat)* 4.20 Intermission 6.05 Operant announcements foNowed by What's My line 6.30 News in Brief* .35 The Struggle For Survival (Repeat)* 7.00 Samudra* 7.30 News282 words
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Article, Illustration1330 1978-11-16 7 CLYDE FARNSWORTH - We were worried a bank might fail somewhere By CLYDE FARNSWORTH NYT ON NOVEMBER 1 the United States took its most important monetary action of the past six years. In the process, President Carter for the first time gave moreNYT - 1,330 words
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Article319 1978-11-16 7 Letter to the Editor WE REPRODUCE below a letter to the Stock Exchange of Singapore, seat to ua for publication. Dear Star, I «kl te seek your advice aad dartOeaHsa with regard te eeleetiea d sacceaafd applicants la a pahhe lane. shareeta Ns2 "Su%lldl!l ladcntul caste319 words
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Article518 1978-11-16 7 A CERTAIN T»ny gave a large cocktail-party some time ago and invited many lady-executives to the occasion. At the end of the party, gifts were distributed as usual to the guests and some of the ladies found, to their consternation, that their prettily-wrapped parcels contained only518 words
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970 1978-11-16 7 QUEK PECK LIM - (FORUM, r 1 ...on Traders h By QUEK PECK LIM ONE IMPORTANT aspect that haa aot oflea beea explored In the debate about the activities of oar exporters fe the they often It aeems atnuage that after more than a nuliaj aad a half970 words
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Page 7 Advertisements
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Advertisement274 1978-11-16 7 s i V-%- 't =•*> -£V i~ >'••<-r fi SMHHhini New Japanese Restaurant KIKU^I serving authentic Japanese food 4 A I<Pf \in \ikki lcni| xir, i shin 11 *siiki\.iki *shalxi sh<ifxi KIKU JAPANESE RESTAURANT y /M r J K X v. Oi?CHIDINN Tp 214 Dunearr P, ,k HOTEL ASIA 37274 words
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Page 7 Miscellaneous
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Miscellaneous9 1978-11-16 7 mstow: F®aK Dictos m €«e comes The. wvrud Doujn9 words
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INTERNATIONAL STOCK MARKETS
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Article592 1978-11-16 8 TOKYO Source: DBS-Daiwa THE MARKET continued to decline over a broad front yester- day. reflecting Tuesday's bearish mood. The Nikkei Dow-Jonea average temporarily broke below the Y5.900 level. Turnover was relatively light, although large capital stocks were heavily traded In the morning. In the morningSource: DBS-Daiwa - 592 words
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Article303 1978-11-16 8 Source: SHK Sec Ltd tHE MARKET continued firm yesterday. Just before lunch, some profit-taking took prices jftt the top. In the afternoon, selling pressure built up and buyers ran for ■•over. Prices closed at their lowest and the market Is expected to open weak today. Hang Beng Index: 538.96Source: SHK Sec Ltd - 303 words
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Article318 1978-11-16 8 THE MARKET closed lower yesterday following a setback on Wall Street overnight and on fears of rising Interest rates. In Industrials, BHP fell 12 cents to AM while the Bank of NSW also cloeed weaker at 90.00. Minings lost ground with Western Mining down six cents to 91.54, CRA318 words
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Article150 1978-11-16 8 New. 11 Bangkok Bank BaH 400 uneh Bank of Ayudh ay* Ltd Bangkok Meuopo- W 1.001 -1 ♦110 ThaiDanu 483 Thai Farmer* Bank Industrial Finance IM uneh Corp :Sfi" SM unch Bangkok In*w tment 10 -10 Oencral Finance Lee Kwang Ming 430 10 354 urvch 110 ♦1 354 tm150 words
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Article83 1978-11-16 8 NOV U Peaoe Acoje tuning 0106 uncn AUuCon A AtluCMI B 17 ♦0.4 BaculoOold 01 >0.0004 BencuetCon. B CDCP 21 +0 8 Inco B LandoU Lepanto B MM +0.01B Mannduque B 4 96 +0 0 Mfmico 1* SO 1.4 Oriental A Oriental B 073 urvch Phil Overseas 037 ♦083 words
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Article381 1978-11-16 8 GOLD shares were narrowly mind In very quiet trade on Tuesday with a tendency to soften towards the doee, dealers said. Losses In heavyweights stretched to 335 cents. Mining finandals were mixed in line with producers. De Beers lost 15 cents to 735 on US selling while Anamlnt was381 words
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Article662 1978-11-16 8 EUROPEAN MARKETS BUROPKAN bourses elOMd generally low on Tuesday. However. in PRANKrURT, •hare prleee cloead unmlto firmer after a weaker start, wtth the calmer situation In Iran and tfrhnwi factors Ukaly factors behind the upturn, dealers said. Metallgeeellschaft, which Is involved with Lurgl in a button662 words
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Article138 1978-11-16 8 NOV 14 Action* ButaM* tmn$i m OM -1 Alum Brown ■sua Br US +3 aoo -io n MO MO wo Br PC Rm im 15 lit 1 10 16 1 S 10 1 rr H MM B1 TO 'J m ir Br 66 OS jk rm M kl ir138 words
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Article124 1978-11-16 8 MOV 14 ru ABM Mt-M -M A1MM 11IM Akao WW AMEV n.W -4J Amlu IffM -i.7 AmiMBuk WW S3-.:::::::::: M M tuteb Bote BonumlJ -sir Brcnkorf M M Cmlvt Delft LM.M *2 DeUMlJ 1MM Fokkcr JI M Pbrd Ill 00 flimmt MM OrHrr OMbroc UM -1.1 Oofctln 71 M124 words
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Article164 1978-11-16 8 NOV M Pr» coa Air-Liquid* BINMnU m DUOM -J C S P (TlHMnaonCW>_ •4 CbnuoiM «aa Pattoiaa HI ComMcnli Ftnaoeftm oBSSt'.... M M HI D» France -MM Mi Hi Hi II Bun -0.0 M)challn<B) 1*0 -10 -O.J f nai -4 prullpa (Oam ♦0.1 PrtntampaS A 1 10.00 -IJ SA164 words
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Article62 1978-11-16 8 rr t n tlMM t} i y*~*m 'i rffj ■Ilttttttt TD -Reftchsmart RweST A llO.tO mmnmm 290 00 -0 8 Sufdiuokfr -->••••• dOB Thjin Influ Thjrsacnt 97.M -0.5 110.80 *0.1 Veto 130.00 OJ I01B uncta Volkswmf*n 4H Bund AMom SI 341 JO -1.3 104.10 unci) t-VMPuttlM Ouinml) 0M Bund62 words
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Article1011 1978-11-16 8 NEW YORK STOCKS lost ground again In active trading on Tussday as interest rats and inflation worries combined with suggseUons of economic slowdown to discourage Investors. Analysts said liquidation of margin positions, mostly voluntary, brought about by falling stock prices and rising Interest rates, was also a factor.1,011 words
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Article82 1978-11-16 8 MOV M r™ fOBVAID Hi Acoe «n -4 ArtMd 2300 unch Artur 70* -10 Brmacan M0 -J Bru-Lunb 1510 unch Otnpac Cock MS -10 410 -1 188 unch 1 33M *10 10M -M MM +15 Oct Hobok Petro Rjrl Dutch ISM +M MM -M 3230 -40 100 410 04082 words
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Article75 1978-11-16 8 AMOcOan 1 Baatag! 1 axio -i IS -i AM -1 m a n N •A 7» PUt AM A M -1 TT» -1 Plnsldir Oen Immob s. i M "-T40 n«i«KW M .1 14 -1 10 M S MM -i MM -1 EM M n kA M i i75 words
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Article292 1978-11-16 8 SHAHS prtcss dosed weaker In active trading on Tueeday as ths market followed New York's Volume totalled 3,1*5,707 aharee against 3,231,530 dam on Monday. The composite index fed mora than five points, with decMnos tn 11 of Ita 14 component groans. Declines led advancss M to lit. The real292 words
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Article65 1978-11-16 8 FINANCIAL TIMES INDUSTRIALS T>| fT rt«y tXl A Umtay 4"I4 J5 Week A"r* 488 Jb DOW JONU AVBtARF INDUSTRIALS Tuesday 7B6J M r iu*j Week em 800.07 LONDON DOLLAR PREMIUM TueecUy 81 v. toBM Monday ntnuvt HXHANG SENG Wednesday SEN Tuesday ME Week uo eeajg SYDNEY INDUSTRIAL! Wednesday65 words
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Article270 1978-11-16 8 r < BONDS&LOANS Reuter KUBOTA Ltd of Tokyo has Mncd bonds worth DM SO million to a tending Arabian institution, international sources said. It was the first time that a Japanese enterprise has floated German currencyquoted bonds in an Arabian country. But the sources declined toReuter - 270 words
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Article135 1978-11-16 8 Reuter MOODY'S Investors Service said it sosignM a B-doubte A one rating to the USH2S million series II sscood Corp for the CKy of New York. This represents an upgrudk* in tke corporation's bond ratings, Moody's said Tke ootstnndlnc bonds of tke corporation were |ae»hmslj rated B-doubie A.Reuter - 135 words
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Article80 1978-11-16 8 Reuter A DM 191 nriDton Eurobond guaranteed by Occidsntal IVUuit—a Corp will open the Maest L 2 MDlan mnrit foreign lonn cnlsndsr, bond It wfD be Qonted on Nov Cram Deutsche Bank AG. Deutsche wfll bring a DM MO taane for Oester* rstrkferke KontroHhsnlr AG on tke NovReuter - 80 words
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Page 8 Advertisements
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INTERNATIONAL COMPANY NEWS
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584 1978-11-16 9 EUROPEAN Reuter COMBINED third quarter 1978 pre-tax profit at Unilever rose to £171.2 million from £144.9 million last time. Combined sales were £2.49 billion compared with £2JB billion previously. Earnings per share came to 21.86p (18.00P). For the nine months ended Sept 30, combinedReuter - 584 words
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198 1978-11-16 9 AFP THE West German sports goods maker Adidas woo a South Korean court Injunction on Tuesday to ban the illegal use of its trademark by South Korean makers. In its complaint to the Seoul district civil court, Adidas argued that many South Korean makersAFP - 198 words
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162 1978-11-16 9 Reuter DUNLOP Holdings said it could make no comment on press reports it is ready to close its tyre plant at Speke on Merseyslde. employing some 2,400 workers, and possibly cut back production elsewhere. But a spokesman said management was holding meetingsReuter - 162 words
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Article133 1978-11-16 9 AFP LETLAND Vehicles, the heavy-lorry division of BatVmsUsed British Leyland, is to dose its Southall, London. factory with the loss of 2,150 Jobs, it announced ob Monday. The management told the trade concerned of its decision. It sakl that the factory was no longer commerciallyAFP - 133 words
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Article1580 1978-11-16 9 November 14 CHICAGO Board Options Exchange volume ex panded to 160,826 contracts from 112,252 contract on Monday. OPTIC JAN APL JLY 8TOCK Alcoa Alcoa Alcoa Alcoa Am Exp Am Exp Am Exp Am Tel Am Tel Am Tel AtlR AtlR AtlR Avon Avon-P Avon Avon-P Avon Avon-P1,580 words
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169 1978-11-16 9 UNITED Tnkniliglis Winy (rem (he New York Attsrnsy fliniesPk OMee en far*tse > GMfftar Carp., began Ms after an Manhaaad nasgiiasiwls Js an mnny as 17 nfln Anns sf Cantor eamuasu •n the surtmee, this I'l'liif 1 nfosSTsf Cantor lw 9TN nfln. eneh'sf169 words
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1052 1978-11-16 9 N.AMERICAN LARGELY because of the marketing of the late Commander WMtehead. the btyu«|B« made by Cadbury Schweppes enjoy instant, positive identification among American consumers. Unfortunately, ao few shoppers actually go out and buy them that the will not disclose the embarrassingly low sales1,052 words
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235 1978-11-16 9 FT THE West German Cartel Office haa ruled agaiaet Levi Strauaa Germany's refusal to supply a retail chain in West Germany with Levi clothing becuuae of the customers' discount price nnHiw policy. The refUanl to deliver Is said to violate a "baa on rtlnrriminntion"FT - 235 words
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Article257 1978-11-16 9 ASIAN NIPPON Steel Corp forecasts second half after-tax profit will rise slightly (ran 10.7 faUtton yen in the first half year ended Sept 10, if the yen-dollar exchange rate settles and if it can produce 15.8 million tonnes of erode steel in the second257 words
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385 1978-11-16 9 Reuter SUMITOMO Electric Industrie* Mid It expects aftertax profit far the year ending March 31 19», to rise to 5.80 bmtaa yen from MS button yen last year, on sales of HO billion yen, op from •Ml Uttlon a year earlier. The company said It hopesReuter - 385 words
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Article69 1978-11-16 9 FIRESTONE Tyre and Rubber Co said it has entered into n seven year revolving term loan agreement for US$l25 million with 14 US banks headed by Chase Manhattan and Cleveland Trust. Firestone said the agree» merit is in addition to 1235 million in current US bunk credit lines69 words
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Page 9 Advertisements
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Advertisement323 1978-11-16 9 CHINESE SHADOWS Simon Leys i "Finally, the book that demystifies China" Stanley Karnow, author of Mao and China Chinese Shadows takes us behind the shadowplay that is ail most Westerners ever see of today's China. Scathingly critical of foreign journalists who whitewash the Cultural Revolution, Simon Leys depicts the People's323 words
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DEALS DONE ON THE SES AND KLSE
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Article1029 1978-11-16 10 BID and offer price* officially Hated and business in and reported to the Stock: Exchange of 81n«apore yesterday with the number of share* traded shown In brackets in lots of 1,000 unite unlee* otherwise specified All Time Settlement Contracts are quoted after the word "sett". Big Board deal1,029 words
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Article98 1978-11-16 10 00 KM) V m (2M OM> N a °B H**" (290,000) (N.BOB 100 038) f* WWW (250,000) (*****8 100 208) (290.000) (100.258 'W1144 (280.000) (102.008) 100 KM)"* (t#o oi#) < ißd 7&b 1 K*Xi VV (100.008) J, •/<*>•/••/M (250.000) (100. SOB) ("0.000) (101.508) T r iwr (290.000) (100.40898 words
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Article121 1978-11-16 10 TWCiiiii I IB IB lacour Boad Lll L17 The Savtaf F*ad LJI 1J* S'parr Prog Find IB L.Bad S pan Sac Paad LIS IB S'pore Ll_1 rM 1-JJ u Mil* WMrUBU PTJND (BaavW frtMi tm Mot M) tfUlMTnUR PtrM B'putra IB lOJod (MiiHin' frtna Mr Nav K) Secoad121 words
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Article2457 1978-11-16 10 1V7H High Low Company Last Sale Gr'a Dhr DW C*YT Qr'f YH Nat P/K Vol Day (*888) Hick Low SECTION ONE INDUSTRIALS 272 238 178 219 275 111 276 326 245 660 132 Acma 123* Alcom 112 Allied Choc 133 BAT 195* BaU 60S Ben 162 Berjaya2,457 words
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Article1468 1978-11-16 10 BID and offer price* officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown tn brackets in lots of 1,000 units unless otherwise specified. INMiaTMAU A*** <2. MB) (1) tn Aljmmf (IMB S.SOS). Ataam U.SM) (1)1,468 words
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LATEST RESULTS
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Article38 1978-11-16 10 LH: Unaudited group pretax profit of $1.86 million (1501,077) on sales of *30.23 million (U3JS million) for the six mooths coded Sept. 30,1978. The holding company recorded a profit of V-D million (RS million). a38 words
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59 1978-11-16 10 Unaudited group pre-tax profit of MU M millioo (I.M millioa) an o!m of MH3.S9 n»llB—(SIJ.TI millioa) far the halfyear coded Sept. 38,191 Ma rata Minn Hoi log: Consolidated profit before tax and extraordinary items of 2.34 billion yen on sales of 21.18 billion yen for the59 words
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Article43 1978-11-16 10 Group pre-tax profit of 17.57 million (18.87 million) for the year ended July 31, 1978. Turnover was $41-61 million ($33.95 million). Profit attributable to shareholders at R54 million ($3.37 million). Proposed final dividend of 31 per cent lens tax (same).43 words
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Article, Illustration525 1978-11-16 10 ON THE aeeaad day of Ms hsttog, Seallea Betels swaag sharply higher ■gstoat a botOgnaal at asargtoelty Imprevlag aa (ram streagth la strength ap to a peak at ft.M aa rameare pervaded the market that a syndicate to eaeh? ■towe theeeaator, this appeared ■eel525 words
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515 1978-11-16 10 TRADING on the Kuala Lumpur stock market yesterday continued erratic and prices finished on a mixed note. Volume was lacking again as market operators kept a wary eye from the sidelines. There was no inclination tq buy, neither was there any heavy515 words
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COMPANY NEWS
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Article, Illustration1222 1978-11-16 11 NOORJAHAN KARIM; DILIP MUKERJEE - GUTHRIE plantations are among the largest In Malaysia. Seme estates will be transferred to a Malaysian "STFZT*' Ka pn mn Temlan b y the end of this year to begin a phased plan of Malayslanisation under which the UK company, Guthrie Corporation will1,222 words
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Article438 1978-11-16 11 Curreat Payment Ex Date Books Close Date Total for Total for Payable the year Previous year Nat Iron Meatakab Rothmans K.Guan Flour N Scrctdtk Benta Coasplaat Keapaa Taiping Coaa B.Lintang Oriental Hid** Cutanea* K Sidim Liagui Set Nut S Darby D. Xeranal UOL Loan Ktaijru Renong Tia Kiata438 words
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Article171 1978-11-16 11 Company Particulars Ex Date Books Close Pub. Bank Bonus Issue of I for 4 Nov 8 Nov 18 T. Cement Bonus Issue of 1 for 5 Nov 8 Nov 17 C Sugar* Bonus Issue of 1 for 4 Nov 21 Dec 1 Mia Sec Bonus Issue of 1171 words
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Article295 1978-11-16 11 HOLDERS of the 10 per cent unsecured loan stock 1978 of Sime Darby Holdings Ltd. (SDHL) denominated in sterUng are reminded that the last date for redenomination of the stock has been extended to Nov. 28,1978. Under the terms of the trust deed, holders of this295 words
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Article75 1978-11-16 11 SHE Duty Lti: AGM to be held at the Regent Ballroom, The Resent Hotel, g Miil» i jiitipiy |t 12 noon on Nov 17. AGM to l5on Hotel, giM| at 12 noon oa Nov 20 AGM to be held at the Refent Hotel. Jalan Imbt. Koala Lumpur at75 words
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Article18 1978-11-16 11 SNOAPQUt Liai kM tT ttaU Mb ricfcta rtMbjiM at $LM. Hi righto b« Ani I* iSSS18 words
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1024 1978-11-16 11 AS MR. BERNARD Lewis, managing director o{ Guthrie Rope) putt it, plantation companies have to "play it by the ear" when it comes to deciding whether to hold on to the acreage under rubber or shift out of It to alternative crops. Out1,024 words
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Page 11 Advertisements
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Advertisement98 1978-11-16 11 KEPPEL SHIPYARD LIMITED U5515,000,000 per cent Bonds 1984 NOTICE IS HEREBY GIVEN to all bondholders of the above captioned issue that for the year ended 15th October 1978, the aggregate principal amount of Bonds arising from purchases made pursuant to Clause 4(c) of the Conditions of the Bond and from98 words
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Advertisement47 1978-11-16 11 YOU CAN WIN THIS Technics SYSTEM STEREO U-2511 IN THIS ISSUE OF THE CRAFT OF SOUND' -m :WS Uqaj >\ \l> si Please turn to page 50/51 in this issue of' The Craft Of Sound' HURRY! GET YOUR COPY NOW! ONLY $300 A COPY A Times Periodicals Publication47 words
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Article, Illustration714 1978-11-16 12 SOH TIANG KENG - By SOH TIANG KENG INSURANCE Commissioner, Mr. Tan Guan Aik, yesterday called on life insurance companies to exercise tighter control over their agents to cut down professional malpractices. He announced that each life firm, on his advice, has agreed to set up a714 words
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Article, Illustration363 1978-11-16 12 THE first of seven new DC-10-30s ordered by Singapore Airlines will touch down at Paya Lebar Airport tomorrow morning after a brief handing-over ceremony at Long Beach, California yesterday. The aircraft, arriving via Honolulu and Guam, will carry 120 passengers including a group of journalists and363 words
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Article343 1978-11-16 12 AFP PAKISTAN may be unable to pay back money to the West from next month onwards, and it has officially notified the Western "consortium" aiding this country, informed sources in Islamabad said. A sum of about US$5OO million (about Sll.l billion) must be found thisAFP - 343 words
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Article685 1978-11-16 12 LONDON, Wed. Share prices lost ground today following the failure of unions and government to agree last night on pay policy, dealers said At 3 p.m. the Financial Times index was down 10.0 to 477.5. Today's falls nearly erased yesterday's sharp gains which followed the unexpectedly large October685 words
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153 1978-11-16 12 Reuter NICELY* IIIi«m MtaikMi |riap ki ietflag ip ft iJirpwittia tm Mjw far ft tawlMlty •teiy «f ft Hat Saati AnUMhhfMm petr*ekMatoal vealare ia Baadl AmMft. Offlftohi tw the latorIry Mlriilij i»M the lipTir gi VI pMge4 to give Its kaeklag to Ike pnjeetReuter - 153 words
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Article116 1978-11-16 12 A "Buy British" campaign has been being launched by cutlery manufacturers in the UK to counter Far Eastern competition. In a letter to 800 potential buyers, the Federation of British Cutlery Manufacturers, which claims to represent over half the trade, says it is the most threatened116 words
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527 1978-11-16 12 JAPAN'S customs clearance trade surplus fell to US$l.53 billion (5J3.21 billion) last month from a downward revised $2.09 billion in September, but rose from last October's 11.21 billion, the Finance Ministry said in a preliminary report. October F. 0.8. exports rose 21 per cent from527 words
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169 1978-11-16 12 MALAYSIAN Airline System (MAS) made pre-tax profits totalling more than Ms 23 million in the last three years, Parliament was told yesterday. Deputy Transport Minister All Shariff said that the national flag carrier's pretax profits were 1673,804 for the 1975-76 fiscal year, $1,106,331169 words
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Article437 1978-11-16 12 Reuter INDUSTRIAL countries have hinted they are taking a more flexible line when talks resume on a proposed multi-million-dol-lar fund aimed at stabilising world prices for raw materials. Delegations from about 100 countries were also told that US$5OO million. (Ssl billion) in direct contributions could beReuter - 437 words
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Page 12 Advertisements
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Advertisement247 1978-11-16 12 OCBC Centre For the business that demands the best... Mr. Managing Director, Your company's growth and profitability depends on creating the right image at home and abroad. Now is the time to get ahead. Start with your offices and enjoy a luxury environment in the heart of the business district247 words
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SHIPPING TIMES
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PORTSIDES
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Article101 1978-11-16 13 Reuter HONGKONG'S historic new hovercraft service to the nearby Chinese port of Canton will follow stringent safety rules with a back-up rescue boat on 24-hour alert. Hongkong's director of marine Mr Malcolm Alexander said that the British-made hovercraft, will have to stay within 8 kms ofReuter - 101 words
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Article66 1978-11-16 13 Reuter MEMBER lines of the Far East/East Africa freight conference said they will introduce a 5 per cent congestion surcharge at the Tanzanian port of Tanga on Nov 17. The surcharge was prompted by a recent deterioration in port conditions at Tanga. Member lines include the BankReuter - 66 words
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Article103 1978-11-16 13 Reuter JAPANESE shipyards received export orders totalling 407,400 gross tonnes in October, a sharp increase of 81 per cent from 225,697 tonnes in October last year, the Japan Ship Exporters Association said. The October orders, which also represented a 51 per cent rise from 262,800Reuter - 103 words
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511 1978-11-16 13 STABILISATION PLAN Reuter UPI THE Japanese government has announced a stabilisation plan designed to restructure its shipbuilding industry by scrapping surplus production facilities or halting their operation for four and a half years. The Japanese Transport Ministry on Tuesday said the plan called forReuter; UPI - 511 words
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Article438 1978-11-16 13 iw SUpflag P»«* Cd Aconas n 5 ACS n 5 r Afea IV 3 Aipac IV 5 ANL i 1 APL m 2 Arya Nat n \5 ASCL m 5 Angkutan m 4 Aguila IV 2 AustCont IV 5 Bank n 5 BBS n 2 Ben Asia m 3438 words
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153 1978-11-16 13 SHIPBITLDEKS la Btag»pm are art aadaly eeaaver the lipieew i»Mw to eerap Hi (pedal i per wt expert tax Ike ileiit Si per eeat ■ppgii tietlie e( the yea igilart o»a)er werid carwill art lead to a hwMe redaettoa la Japaaeee prime with153 words
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Article, Illustration206 1978-11-16 13 SEMBAWANG Shipyard's 30,0004wt Floating Dock No.l has undergone an extensive refit and modification programme as part erf the yard's $20-million modernisation scheme to upgrade and supplement existing facilities. It was placed in the yard's grave dock to allow for underwater inspection. Necessary repairs to the dock's bottom206 words
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4568 1978-11-16 17 SHIPPING LIST where your ships are due and when 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 of4,568 words
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Article917 1978-11-16 18 r RECEIVING OF EXPORT FCL CONTAINERS 1 AND LCL CARGO AT CONTAINER TERMINAL NB. (1) Each vessel's estimated time of arrival is advised by the Shipping Line/ Agent and Is subject to change (2) All export FCL containers and LCL cargo must be delivered to the Authority's premises917 words
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Article938 1978-11-16 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Aconas Line— Aconas Sdn. Bhd. Adriatic Container- Container Feeders. AFEA Line— Singapore Shipping. Ahli Shipping— Shariah. Alfred C Toepfer Line— Intermodal. Algerian National Line (CNAN) —Unipacific. Alpac Line—lntrasea. Anhsing938 words
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Article, Illustration674 1978-11-16 18 RAHIM KASSIM - By RAHIM KASSIM DESPITE BEING one of the largest and most sophisticated shiprepairing centres in the world, Singapore is still ignorant of certain aspects of marine technology that have been developed and accepted elsewhere. One such development, pioneered by British Petroleum as674 words
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Article192 1978-11-16 18 UPI TRADE with the Far East generated a considerable volume of North Atlantic tonnage demand and rates appeared to have halted their decline. Chinese chsrterers repeated the steady figure of US$22 (5547.74)(2J00 tons discharge free) for the Orunda to work 40,000 tons of US Gulf grain to ChinaUPI - 192 words
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Article65 1978-11-16 18 CHINA has authorised a Greek company to conduct year-round cruises to six Chinese cities The 14-day cruises are scheduled to begin next April 16 aboard the newlychristened Aquamarine, leaving alternately from Kobe, Japan, and Hongkong. Managing director of Aquamarine International, Mr. Philip Kavounkles, said it was the65 words
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Article795 1978-11-16 18 MORE bulk cargo is moving to, from and within the region especially fertiliser, timber, ores and cement. Indonesia has shipped 50,000 tonnes of cement to Thailand with Indications of many more export shipment in future. Rates are steady except for cargo bound for Iran. Newbuilding contracts in795 words
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Article408 1978-11-16 18 EXPBCRD ABMUVALB TODAY KEPPEL WHARVES Bon tang (0530) 26. Foo Chow (after Centaur) Fujihoshi Maru (1000) 15/ 16 New Star (after Orchard Gold) 40/41. Golden Haven (1830) 13/14. Golden Wonder (OSOO after Bontang hauls) 24/25. King Star (after Temburong) 22. Kota Singapura (after Kota Machan And Golden408 words
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Page 13 Advertisements
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Advertisement401 1978-11-16 13 +1direct diversified dependable SERVICES TO/FROM USA AND CANADA Agents Barber Lines Singapore Pie Ltd Tel 9265' Harrisons A Croslield Kuala Lumpur T« mni/t Pernas- MISC Penang Tel ***** A RI) IM I AH r Orient Overseas Co*UcjMeA. Line HJONG CONTAW* 1 J* atom Kstucfc* s«r FULLY CONTAIOISED SERVICE FROM EUROPE401 words
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Advertisement320 1978-11-16 13 v pill SEALORD UJ lII] ANTAH M UASC UNITED ARAB SHIPPING CO (SAG), 11 All vessels ***** DWT, 105 TON H.L. Derrick 1 1 288 TEU Capacity, Long Length Capability. JIARABIAN GULF WEEKLY SERVICE' S pore Loading for 20/11 Kuwait. Dammam, Dubai. Abu. Dhabi 27/11 Dubai, Abu Dhabi. Dammam. Kuwait.320 words
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Advertisement540 1978-11-16 13 Busiiiess SINGAPORE BUSINESS V J O' U S Pac.t.c Quit S. Atlantic 4»3taSl Canada ,A<so )tC «n N S, Hongkong JdCMnjiXl Korea. FUUV cowTAiwcmgo EAST DIRECT WEEKLY Philadelphia I Baltimore PO« East Asia Hongkong Manila KMung Kaohs.ung Japan (Tokyo Hot* Yokohama Nagoya Osaka Sh.mnu i BEaiaaß^aEßSß mwm IXHQ ESDIIDEiIEiI Lwibrt540 words
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Page 14 Advertisements
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Advertisement666 1978-11-16 14 FULLY CONTMOBED TO EUROPE EXPRESS CONVENTIONAL TO EUROPE Spare P Kelang Pot Bfeao Genu ■MM* 27/11 21/11 22/12 18 1? Mwliitwd 12/12 13/12 7/1 3/1 FUUY CONT AMERCED TO GENOA/TRESTE tfW| Blum ftdam Antwerp 29/12 27/12 22/12 24/12 17/1 15/1 11/1 13/1 mil CONTMOBfD 10 UU/CJMMM Feed* P Kelang Sport666 words
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Advertisement571 1978-11-16 14 V yj~ N* 14/19 HM> 23/24 «K 14/15 OK 24/24 Mm 17/11 Rn 29/27 Ok 17/lt QK 2S/29 1 bo 2 123 Ok 2/3 Ok 23 r 2* Bk 4 Ok 24/29 i 25/27 Ik 5/9 OK 27/21 Ik I Ok 39 17/11 Ok 29/29 J» 2 ha 3/4 ha571 words
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Advertisement502 1978-11-16 14 i y FUU.Y CONTAMERSED SERVICE Go Mt betttr tt the IMde East nxmrt bertmng t discharge at all ports AMAX MAMO COIUMBtAIAfO ALSO ACCEPTMG CARGO FOR BAHRAIN AND ABU DHABI KM Kim /hippiog if TPfloinG pte ltd. ■Tt im Te4ex kmspeed RS ***** FM EAST/REO SEA, MEDITERRANEAN SEA EXPRESS FULL502 words
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Advertisement764 1978-11-16 14 Rvt tor SMpptoi C«rp«. Wwpcww wm—ttwai s. A. c.l. f. "ARGENTINE NATIONAL LINE" I to ttHMK tp\n\ Trmsportaoon Nbritima Mtxiana S. A. "MEXICAN NATIONAL LINE" FIR lAST/KBCO com* (Ml In# tf Lad*" ifUSf.SS.? 6^!! 0 muAmi o. ACAWLCO ACAJUTU. COKMTO. SAN «S£. PWIA. ARENAS (Wt* MCA) COATZACOALCOS VERA MB AND764 words
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Advertisement832 1978-11-16 14 131 SANKYO LINE AUSTRALIA SERVICE TWEE 5T*...... SEABLOOM MKT CMP DMMOM) SIM. SMLED MPORT AOG.JH.Sn) SMLED M PORT MM. FRE MPORT 11/11 MM SVD.NEL.ftKI 15/16 OK 17/11 OK STO. MEL. ADEL BANGLADESH SERVICE DMMONDSTMt. GENERAI AGENTS CONTAMER BOOKMG LOAD Mil NTS P HUANG PINANG 21/22 MM 11/20 MM CttfTTAGONG. CHftUM832 words
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Page 15 Advertisements
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Advertisement694 1978-11-16 15 Overseas I Containers Limited ffktrg Btm IM Howe S tew PUH| S pot. Hot Pah C**»M Uri faM hM W UU 71 Rn Oh M.IS a,* ran I p bM UM M SM4 24 Bn M.B lav Mn IM UW IM IM IM Ski TK. M Miki IM IM IM694 words
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Advertisement868 1978-11-16 15 GRANARD LINE NEST BOIMD-fM EAST/MEDITERRANEAN Spn Plata* hM| lM*|hr I9W— UM kW II Nn DrtMti/P 5 MV MM MM inn m* mm fmsv 2m. UU kW II Nm Optmrti P Sarf/Ataartna/ Bard/LatUkia/PvaMv Tr««k/ Btnffcui bUnM Tmg 17 0k 19 Ok 210k Op*Mfc/P Smz/P $M/ Ueiaadna Bcirvt Lattaku Pireans Tnpok/Benctiwi IsUabnl868 words
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Advertisement600 1978-11-16 15 ■to Mm Oh*U»m+ BEN LINE CONTAINERS EWKS CONTAMER SERWCt TO/FROM EUROPE HBURC B HAttN ROAM K Spore P Ma* WCfnuMf/teXn* Mwi I Upm 11/11 1/11 Vl2 11/U ItaM a/11 M/ 12 12/17 11/12 (1! i 21/11 a/11 lt/12 21/12 22/12 4/1* C/l* M/l} M/l» i/t IS/11 JWU wu (t/u ti/U600 words
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Advertisement552 1978-11-16 15 I Scan Dutch V Fmm tea P MMI vbm '4 EASTBOUND FROM MED/UK. 111: m: I ismm I»:I: m 1) CM*| 2) M-tott J) fx* 4) rtm S)l«i|VahsrUM|S|M nn bM faM s/n n/n W W IM hM faM M MPwt 2/11 WU a/11 MM hM U/U IVII M/U 1/U VU552 words
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Advertisement440 1978-11-16 15 GUTHRIE BOUSTEAD THE BANK LINE LTD. UMDS FOR E l S. MKI Ovtaa. tl PI. Smn 17/11 Hn ES OR T I N EXPRESS SERVICE WRECT FROM SMGAPORE TO NEW ORLEANS. MOOLE HOUSTON. GALVESTON ALSO ACCEPTWG CARGO FOR BANGKOK. MAMLA. TAINAN. HONGKONG PUSAN AND MP AN PORTS. SINGAPORE *****4 PT440 words
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Page 16 Advertisements
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Advertisement766 1978-11-16 16 I K line KAWASAKI KISEN KAISHA. LTD. HHBHHHHHi OM SUE O? mhw Tonntora Spwe P KalaagLHewe Ifbarg Bremen raam A«e>p KCaHLM lINm It MM 70k 10k II Ok 110k 13Ok S2S UIK 17 OK II OK IS OK 71 OK fLS?, 1 ft 3# »M *#k »Ok 210K EKm UK766 words
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Advertisement673 1978-11-16 16 ISA/EAST CANADA SERVICE Ktens rcuia comma fdom pemnc. p kelanc r KSKMUXXQ 27/71 tet 29/31 tot 25/21 tet 22/21 tet EX./GREAT LAKES SERVICE mou. *w Tom, mm*, todonto. ashtamla. ornor oacago. CALfORMA/PACriC NORTH WEST SERVICE tar lb man, m mmm wmt tacoha. Www, dx. W k rvT? Nt« n/U°tet 14of673 words
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Advertisement626 1978-11-16 16 NOL NEPTUNE ORIENT LINES LTD •FULLY CONTAINERISED SEtVICES: FAR-EAST/EUROPE FULLY 11 I I til T l I] H inn •■d'L M.l tot II toe 17 toe II Ik r -a. wi-i Li' JJ' a« 7 I "IHII 14 toe She MtorihlHClM TO im FtOM amtjUfc 7Ok MM 23 Mm II626 words
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Advertisement535 1978-11-16 16 *Ul*rSlA* INTf*NATK>HAI SMFMNG CO**O*ATION U*HAD EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANDINAVIA feato f Mm| Vassal et Spare I) Ifeatos 2) Mm J) Hbarf 4) Gbar{ KM U/U M/U VU 7/12 VU MM 25/11 J/12 14/12 14/12 11/12 MM 4/12 17/12 22/12 2«/U 21/12 ■an u/u 2vu */i 2 2/1 v535 words
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Advertisement609 1978-11-16 16 INTRASEA (PTE) LTD I sai mi CtMTMO ssnw TO cs ALPAC LINE SOUTH AFRICA SKRVICX S pore P. Keiai* Pen** Lufcg tar. ILV. OMENTM. STM *-32 Naa 2 Dac Reunion Maiunga Durban Capetoam MUM '.33 24 Dac 2C Dac Reunwn Durban P E'bett/Capetown »w i mmmt <nt) lid zjmiu mow609 words
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Page 17 Advertisements
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Advertisement209 1978-11-16 17 KmacH GERMATRANS SM 1 P PI \i' \ORVVA New Express Monthly Independent Semi Container Service from Singapore to Antwerp. Rotterdam and Hamburg SWANK ANTWERP RDAM 27/11 1/12 26 Oec. 28 Dec 30/121/1 26 lan 28 lan 30/1 1/2 26 Feb. 28 Feb 28/2-2/3 26 Mar 28 Mar 30/3-1/4 26 Apr.209 words
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Advertisement17 1978-11-16 17 /kceplhn Cete hr VMCOIIKR. IC SEA TTl£, TttOMft Singapore MIX It/19 Nn mafOKL HMfDtS SHPPW6 T* *****1017 words
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Advertisement162 1978-11-16 17 SHIPPING NOTICES 4 DOWA LINE CO. L JAPAN M.V. "NO. 3 BINEKA" VOY MA Arrived 7.11.78 at PP. Wharf Godown 302 Oeneral surre; on damaged cargo discharged ex the above vessel wUI be held on 14th November. 1071 from •100 a.m. to 12 pjn. No further survey will be held162 words
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Advertisement41 1978-11-16 17 General Survey of mmaced cargo ex the above vessel will be bekl on Friday I7Ui November. 1978, as from 9M am. to SjOO pa No further survey wUI be held after tills date B. Jl M A&HOY SONS (PTE) LTD. Toh-smn41 words
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