The Business Times, 21 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 TUESDAY, NOVEMBER to, If» 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Fare cut in the air
      69 1 Reuter CANBERRA, Mon. Australia could gi»«h air (ares to Singapore and other South-east Asian countries by more than half if current negotiations in the area are successful, government officials in Canberra said. This would reduce the cheapest return fare to Singapore to As2so (*****) from
      Reuter  -  69 words
    • Article
      Lock icon China loans quest
      77 1 UPI TOKYO, Mon.— Chinese requests for preferential duties on exports to Japan and loans for China's industrial development are expected to be discussed during trade talks in Peking from Nov 28 to 29, the Japanese Foreign Ministry said today. The meeting will be the third session of
      UPI  -  77 words
    • Article
      Lock icon Liquidity problem
      81 1 Reuter JAKARTA, Mon.— A number of Indonesian private and state-run companies have run into liquidity problems as a result of last week's 33.6 per cent devaluation of the rupiah, Antara News Agency reported. The problem was admitted by Industry Minister Abdul Rauf Suhud, who told the agency he
      Reuter  -  81 words
    • Article
      Lock icon Optimism in HK
      62 1 Reuter HONGKONG, Mon.— Hongkong's economy improved in the third quarter of this year and further advancp is expected before the end of 1978, according to a government-sponsored survey published today. A government spokesman said that the survey, covering about 700 firms from various industries, aims to facilitate
      Reuter  -  62 words
    • Article
      Lock icon Trade in the red
      94 1 Reuter TOKYO, Mon.— Japan had a customs clearance basis trade deficit of US$6l million (Ssl2B million) in the first 10 days of November, compared with a surplus of $845 million in the first 10 days of October and a surplus of $441 million in the same
      Reuter  -  94 words
    • Article
      Cheaper rail fares
      65 1 KUALA LUMPUR, Mon.— First class fares for day travel on Malayan Railway will be reduced by about 18 per cent from Dec 1. Malayan Railway's director of commerce, Encik A. Rahim Osman, said this reduction will encourage more first class travel by rail. The new fare from
      65 words
    • Article
      Lock icon Dow Jones
      69 1 UPI NEW YORK, Mon.— Stocks aided by administrative economic assurances* and a strong dollar abroad, headed higher early today. Trading was fairly active on the New York Stock Exchange. The Dow Jones industrial average of 90 industrials, which gained 3.55 points on Friday, was ahead 6.67 points to
      UPI  -  69 words
  • Chief Price Changes
    • Article
      In Singapore yesterday
      118 1 Rises Most Active 108 S Darby 588,000 Incbcipc Lota 1 Acma 367,000 Falls H Par UOB 315,000 300,000 DKcraout 1010 -90 Total Turnover: 7.16m Nat Iron 515 -40 Total Value $16.67m CAC OCBC 440 085 -36 -35 Indices Bouateadco PMC 197 310 -29 -26 B.T. Index: Nov.
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    • Article, Illustration
      In Kuala Lumpur
      142 1 Falls Most Active Nat Iron 505 Tronoh 580 OCBC 690 Ayer Hitam 925 CAC Ltd 446 NST 420 -50 -50 -45 -45 -34 -34 S Darby 1,005,000 Consplant 1 398,000 H Par 393,000 UOB 281,000 Total Turnover :4.82m Total Value: MSll.Olm Sel Cnuts Kramat 265 222 -29
      142 words
  • Article, Illustration
    Big break into Asian TV circuit
    797 1  -  800,000 SETS A YEAR By RONNIE LIM THE NUMBER of made-in-Singapore colour television sets will soar to a projected 800,000 in 1960, from 114,000 valued at |78 million last year. And while this will place the Republic on the same footing with major producers
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  • Article
    BUSINESS MUST LIVE WITH NEP
    158 1 MALAYSIAN Deputy Prime Minister Datuk Sen Dr. Mahathir said there is a campaign on to frustrate the New Economic Policy but advised those concerned to give it up. "You are not doing any good for yourself or the country,** he said. "The government has shown
    158 words
  • Article
    FAS-Orient to make aircraft components
    476 1  -  By JOHN LIM FAS-ORIENT will invest another $4 million by 1960 to manufacture selected aircraft components and fittings for the local and international aerospace markets. The company, with an initial investment of $15 million, is being set up to direct aircraft servicing business to Singapore
    476 words
  • Article
    Dollar climbs
    121 1 THE US dollar maintained its strong recovery on the Tokyo foreign exchange market yesterday and closed at 196.65 yen, its highest in nearly four months. The dollar has gained more than 20 yen in value since falling to a postwar low of 175.50 in Tokyo at the end
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  • Article
    Quarter point PLR increase becoming infectious
    228 1 THE pesriMßty mt a widespread qaarter paint laereaae la tanks' prime •t a ecrtaiaty yesterday aeaaced a raHag sf their rales. Aaaeaaelag their larale la 7JS per eeat were Overseas Ualaa Baak (OUB) sad ladastrtai aad Ceauaeretal Baak (ICB). The fartw pelat tathe* hJhNm[
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  • Article
    OCBC's prime increase, sends stocks reeling
    530 1  -  By CHAN BONG SOO SHARES suffered their worst losses this year as bears intensified their raid on the Stock Exchange of Singapore yesterday in the wake of the raising of the prime lending rate by the leading local bank, Oversea-Chinese Banking Corporation and continued
    530 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      2 1 SINGAPORE BUSINESS
      2 words
    • Advertisement
      Page 1 Advertisements Column 2
      45 1 CITROEN CX 2400 PALLAS has proved to be such a cartough efficient elegant IHIr tPij Ht-nRV Qnc rcercies pte. ltd BP'JNL AGE\r «Et IANCt D!ST R I 9 T ,i q c 144 H CHI AUER. BANDAR SEP d t 'J4WA\ BHuNEi te l *****
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      Page 1 Advertisements Column 3
      2 1 SHIPPING TIMES
      2 words
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      Page 1 Advertisements Column 4
      137 1 /&}!\@]|_*+[("'+?'%^}']{>`!'+,: KLM-ROYAL DUTCH AIRLINES Freight Sales Department Mixed Tenants Cargo Complex. Mezzanine Floor. Paya Lebar Airport. Tel: *****67/8 Freight Handling Department 5. CIAS Cargo Terminal. Paya Lebar Airport. Tel: *****3. *****3, *****1 ext 513 Fl6 Kompleks Antarabang£a/ Jalan Sultan Ismail. ICuala Lumpur. West Malaysia. Tel: *****1 General Sales Agents Lindeteves
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  • TRADE AND INDUSTRY
    • Article
      Of small firms and long-term financing
      235 2 COMMERCIAL banks are ineffectual in helping the growth of small industries because they tend to avoid long-term financing and to put up strict collateral requirements. This was said by Mr. Surasak Nananukool, vicepresident of the Bangkok Bank, the largest commercial bank in Thailand and
      235 words
    • Article
      Publishers face many more issues
      515 2  -  POLITICS AND ALL... By FOO CHOY PENG AUTHORS and publishers have to consider political and related issues involved in book publication, not just the commercial factors. The Acting Foreign Minister, Mr Lee Khoon Choy, was speaking at the five-day regional seminar on commercial factors involved
      515 words
    • Article
      Singapore is No. 2
      301 2 SINGAPORE'S per capita consumption of paper is second to Japan. According to the latest figures in a paper by a Thai delegate, Mr. Kamthon Santhirakul, at a regional seminar on commercial factors involved in mass-market publishing at the Regional Language Centre yesterday, Singapore's per capita consumption
      301 words
    • Article, Illustration
      Perkins service centre gets top billing
      237 2 PERKINS Eagiaei Eastern's (8) service eeatre Is lacrraalagty e«>tndiag aerviee aid mihitwff werk eataide af 111 erlglaal aeepe af iptrattw. PerUaa Eaglaea Buten (8) te Ike Mle dMrllittr sf PerUaa dlesel eaglaes la fflagipiff aad Its aerviee eeatre «aa Brat set ap to pravMe
      237 words
    • Article
      Japanese group provides import credit to Poland
      154 2 A CONSORTIUM of 11 Japanese trading bouses will give-Poland a credit-line of US$45O million (about Ssl billion) to help it import Japanese equipment and machinery over two years from next April, Nichimen Company Ltd said. Nichimen, the group leader, said an agreement was
      154 words
    • Article
      Tobacco loss
      54 2 INDONESIAN tobacco planters have lost about 20 million rupiahs (5567,000) this year because of bad weather. Quoting a report of the tobacco fact finding team from the Bogor Institute of Agriculture, Kompas said production dropped by 60 per cent and the price was only 20 per cent of
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    • Article
      BONN 'MARINES' COMING
      481 2  -  By Wang Look Keah THE GERMAN marine industry is, (or the first time, making a concerted effort to strengthen its business contact with Singapore. THe marine group of the Asaociation of German Machinery Manufacturers organised a symposium in Singapore yesterday aimed a{ familiarising the Singapore marine industry
      481 words
    • Article
      Lock icon SYDNEY'S GOLD FUTURES IS WELL, BUT...
      153 2 Reuter THE SYDNEY gold futures market has developed well since its inception on April 19, but the Reserve Bank's embargo on foreign residents trading in the market is keeping activity well below its potential level, Sydney's futures brokers said. Responding to questions on the
      Reuter  -  153 words
    • Article
      Japanese mission for Bangkok
      70 2 THE Japanese government will send a private buying mission to Thailand early next year in an effort to retify a bilateral trade imbalance favouring Tokyo, government sources in Tokyo said yesterday. The mission, sponsored by the Foreign and International Trade and Industry ministries, will include representatives
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    • Article
      MEMO PAD
      366 2 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. Nov 6-Jan 27: Life insurance agents certificate course (English and Chinese), SITC, srrc Nov 16-23: Managing the personnel department cost centre, Holiday Inn, P.O.D.
      366 words
    • Article
      Employment plight of plantation workers
      363 3 MALAYSIAN Minister of Labour and Manpower, Datuk Richard Ho, has called for a serious study into reduced employment opportunities in the plantation industry. Agricultural diversification and technological changes and rationalisation measures to reduce production coats and improve efficiency have restricted job openings in the industry,
      363 words
    • Article, Illustration
      LAST WORD IN PROCESSING
      267 3 SBTEMAJU Malaysia 84a Btt, tfee Malaysia* ageat far Waag Lakers rid lae, Ms—rfeaiftts, will latredaee the Waag raage af ward pnewiag systems la the eeaatry. The raage will he Isaaehed at the flv*4ay Basiaess Maehlaes *79 ExUMtlea begtaatag tamerraw at the Regeat «f Kaala Lampar. The
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    • Article, Illustration
      Lock icon Island-in-the-sun drive
      743 3 Reuter SRI Lanka is planning to spend 2 billion rupees (about ***** million) over the next six years in a major bid to attract half a million tourists annually by 1984. If the target is achieved, Sri Lanka will have trebled its tourist arrivals from 190,000 this year.
      Reuter  -  743 words
    • Article
      Lock icon CHINA'S STEEL OUTPUT FIGURES A FIRST
      234 3 Reuter CHINA has already exceeded this year's targets for iron and steel production and, for the first time, has announced actual production figures. The New China News Agency, quoting the Ministry of the Metallurgical Industry, said by Nov 15 the country had produced 28
      Reuter  -  234 words
    • Article
      COLOGNE FAIRS
      74 3 TWO representatives of Cologne Pairs and Exhibitions Company, West Germany will be in Singapore from Sunday to Tuesday to promote local participation at the Cologne trade fairs. The representatives Mr. Wolfgang Lange, managing director and Mr. Lothar Kopp, manager of the foreign relations department of the company wil]
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    • Article
      The cream of Dayvilles flavour is in town
      554 3  -  By TSANG SAU YIN DAYVILLES is in Singapore with "32 flavours origin American ice cream" to carve out a sizeable niche in an industry estimated to be worth $15 million a year. It will also introdu ce, through franchise holder, Dayvilles (Singapore),
      554 words
    • Article
      Enclaves of capital in Philippines
      151 3 AMERICAN and Japanese capital in the Philippines dominate separate "enclaves" and where they operate together there has been little business rivalry, according to a series of articles in the Business Day newspaper by political science lecturer Mamoru Tsuda of the University of the Philippines. US
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    • Article
      Lock icon Asean stock exchange union
      108 3 Reuter STOCK exchanges in (Asean) have agreed to form a federation, Filipino sources said yesterday. The memorandum of agreement, signed in Manila on Friday, called for official cooperation in resolving common problems affecting the stock broking business in the region. The sources said the proposed federation
      Reuter  -  108 words
    • Article
      Seoul to buy $2.3b produce
      69 3 SOUTH Korea will import from the United States U551,036 billion (552.3 billion) worth of agricultural produce next year. $110 million more than this year, the Korean Economic Planning Board reported today. The imports are to be made with a credit of $511 million from the
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    • Article
      Lock icon Taiwan's $7b transport
      55 3 Reuter TAIWAN will spend US$3 billion (556.6 billion) on a transportation improvement programme over the next three years, the Central News Agency reported yesterday. The agency, quoting a spokesman of the Ministry of Communications, said the investment would cover projects to improve the island's railway system and
      Reuter  -  55 words
  • Page 2 Advertisements
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      Page 2 Advertisements Column 1
      261 2 I IT *$xV m vim?# ■■■< mm jufuiy. %tffc tl <*& d I It is the quickest, easiest and most complete communications link between man and bank ever devised. It not only gives you timely, detailed information on your business with Bankers Trust, its a sophisticated on-line management service that
      261 words
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  • Page 3 Advertisements
    • Advertisement
      Page 3 Advertisements Column 1
      205 3 Whenyou3re trading pepper, you need a banker who can think lifee a pepper trades: From financing pepper exports In Singapore to Hnmg up import markets at the other end of the deal, American Express International Banking Corporatifm gets involved. -V You expect your international banker to be at home in
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  • Page 3 Miscellaneous
    • Miscellaneous
      Page 3 Miscellaneous Column 1
      642 3 TWO-IK-ONE GBOSSWORD CRYPTIC PUZZLE ACROSS 4 A very loud music business (6) 7 Maker of pure cord (8) 8 A city man went wld (6) 10 The sound of a bird, not of the deer! (5) 13 Yearn for ages (4) 14 They may be ringing during rehearsals (4) 25
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  • RAW MATERIALS
    • Article
      LOCAL AND FOREIGN RUBBER
      269 4 OPENING prices in Singapore yesterday were marked up 3.50 cents on higher London advices, but the market later fell as profit-taking emerged to pare gains slightly. The morning session closed slightly higher, with December One RSS buyers quoted at 247.75 cents per kilo, up 1.25 cents
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    • Article
      Closing prices
      32 4 Rubber: Nov 20 Singapore: Decern ben 248.75 cents (up 2.25 cents) Malaysia: December: 249.00 cents (up 1.75 cents) Tin: M 51,950 (up $25) Official offering: 191 tonnes (up 20 tonnes)
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    • Article
      RAS PRICES
      377 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. 246.00 247.00N 246.75 247.75N Int. 1 R.S.S. December 248.00 248.50 248.75 249.25 Int. 1 R.S.S. January 250 00 250 50 ***** 251.50 Int. 2 R.S.S. 242.50 243.
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    • Article
      SSR and SMR
      106 4 NOON SSR and SMR prices yesterday: HAS Do telnet i laaaary (Carreat Mtfc) ■war* Mill) ■•ye n Sellen H—. o ,n,— wywi 3nim SSR 20 (ecal per kg) <«i ■to per kg) (1-ton pallet) 238.00 240.00N 240.00 242.OON SSR SO (I-ton pallet) 236.00 238.00N 238.00 240 OON
      106 words
    • Article
      Straits tin
      103 4 THE STRAITS tin price in Penang yesterday rose Ms2s per picul to {1,950 to stand $250 above the International Tin Agreement ceiling. Dealers said sustained support, came particularly from the US, Japan, Eastern Europe and locally. Total turnover increased to 191 tonnes from 171 tonnes last Saturday and
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    • Article
      Rice
      194 4 BANGKOK rice prices were quoted as follows yesterday: (In US dollars per tonne F. 0.8. basis Bangkok) WMte rice: 100 pet Ist class 345, 100 pet 2nd class 330, 100 pet 3rd class 325, 5 pet 318, 10 pet 295, 15 pet 290, 20 pet 285, 25 pet 280.
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    • Article
      Sugar
      76 4 RAW SUGAR futures in London yesterday opened £0.65 to £0.10 below Friday afternoon's closing levels. Turnover totalled 542 lots. The market opened around Friday's New York inspired slightly lower kerb levels and held steady in a narrow range in rather quiet dealings. Whites were steady at £0.40 lower to
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    • Article
      Cocoa
      50 4 COCOA futures in London yesterday ended a quiet opening call, off the highs though £2 to £14.5 higher. Turnover was 244 lots. After opening slightly steadier against New York, prices moved up around a further £10 with trade buying in the near positions providing the basis for the rise.
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    • Article
      Copper
      44 4 COPPER wire bars in London yesterday finished the morning up £1 all round. The early pre-market was steadier on covering prompted by easier sterling against the US dollar, a slightly larger-than-forecast fall in stocks and some physcial demand in the UK, dealers said.
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    • Article
      Produce exchange
      292 4 ALL WAS quiet on the Singapore produce market yesterday. Dealers were generally adopting a wait-and-see attitude following the recent devaluation of the Indonesian rupiah. Prices tended lower for most commodities as buyers were expecting prices to come lower with the devaluation. Most stockists of pepper and coffee in
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    • Article
      Hongkong Comex
      177 4 TRADING was fairly quiet on the sugar futures market yesterday, with the turnover unchanged from Friday's four lots, dealers said. Trading was restricted to October delivery closing at 9.W/70 US cents against Friday's 9.74/80 cents close, they said. Sugar futures closing prices: ClMlif Prfvltw ClaaUg Jan 8.25 60
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    • Article
      SPOT PRICES
      189 4 YARN and cotton in Hongkong dollars, spot ex-godown. Cattaa yam: China Blue Phoenix 20s 2.150 32s 2.785. 40s 3.000 (per bale o( 400 lbs). Piece gnii: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly unq. Flying Ceeae unq (per piece 36
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    • Article
      Coffee
      158 4 ROBUSTA futures in London yesterday ended the opening call barely steady, £10 up to £2 per tonne down from Friday. Turnover was 316 lots. Futures initially rose by £17 basis January at £1,420 on commission-house buying but as this dried up and little further buying interest developed values tended
      158 words
    • Article
      Gold
      158 4 THE KILOBAR in Singapore opened at 5514,441 yesterday, and closed higher at $14,347. The high and low were $14,482 and $14,347, respectively. The market was quiet. Spot gold for London delivery opened at U*****.30/201.00 and closed lower at U*****.80/198.20. The high was U*****.75/ 201.25 while the low reached $197.70/198.10.
      158 words
    • Article
      Lead
      42 4 LEAD declined by £8.75 all round in London yesterday. Dealers said the markets' failure to break through a chart point of £391 for Three Months brought out fresh liquidation and speculative selling in the morning after initial steadiness on currency considerations.
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    • Article
      Zinc
      45 4 ZINC finished the morning down £3.5 (or cash and £3 for Three Months in London yesterday. This metal followed the trend in lead with Three Months drifting down to £355 in the ring before smallscale short-covering steadied the position on the kerb to £357.5.
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    • Article
      Silver
      45 4 SILVER closed at HKJ276.50 per 10 ounces in Hongkong yesterday, unchanged from Friday's close, dealers said. Trading was fairly quiet, while the day's silver fixing price remained at HKJ276.50. On the LONDON Metal Exchange yesterday, silver gained 7.6 to 7.8 pence per troy ounce.
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    • Article
      Aluminium
      29 4 ALUMINIUM was £3 higher for Three Months in London yesterday. Dealers attributed the gains to modest short-cover-ing and fresh buying after the recent downturn. Turnover was 500 tonnes.
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    • Article
      Lock icon Industrial commodities turn sharply easier
      1389 4 AFP AGAINST a background of fears of a relative economic slowdown next year, suggested by the OBCD talks in Paris, industrial commodities, like non-ferrous metals and rubber, turned sharply easier in London last week. The collapse in gold after an early rally, was an unsettling
      AFP  -  1,389 words
    • MONEY AND EXCHANGES
      • Article
        Singapore market
        552 4 THE US DOLLAR continued to rise strongly on the foreign exchange market yesterday with all other currencies losing ground. Gold weakened further, and investors were reported to be increasingly willing to take positions in the dollar, underscoring expectations of further gains. The market in local money saw term
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      • Article
        Euro $ rates
        160 4 Euro rates LONDON Eurodollar deposit rates yesterday eased, reflecting an offered tendency and the dollar's strength, dealers said. Period rates were about 1/16 lower compared with Friday's closing. The onemonth rate, however, was about 5/8 higher because of a Friday end-of-period technicality. The US Thanksgiving Day holiday on Thursday made
        160 words
      • Article
        Asian $ rates
        177 4 Asian rates ASIAN currency deposit Interbank rates as at close on Nov 20: US Dollar*(Spot) Offer Bid 7 days 8 5/8 81/2 1 month 10 7/fr 10 3/4 2 months 111/8 11 3 months 113/8 111/4 6 months 113/4 115/8 0 months 1111/*****/18 12 months 11 11/1811 0/18 1 month
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      • Article
        Discount
        49 4 R*i(f of prices offered by discount bouse* on Nov 20: Overnight 3% to 4% Csll deposits 4% Closing Bsyiaf Selling 3 month Treasury bills 4 37/S 3 month Bank bills 615/16 613/16 3 month CD 71/4 7'. 6 month CO 77/16 7 5/16 Source: National Discount Co Ltd.
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      • Article
        MLR
        21 4 THE average rale at which Singapore baaks are currently prepared to lend to their best customers is 7.5 per cent.
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      • Article
        Australia/NZ
        50 4 AUSTRALIA and New Zealand exchanges on Nov 20: AUSTRALIA: US dollar 1.1476 1 1347 Sterling 0 5972 0 *7 Ninety-day airmail buying rate*: Sterling 0 6161 US dollar ***** Ninety-day forward buying rates: Sterling 0 5086 US dollar 1 1432 NEW ZEALAND Sterling 0 5053 US dollar 1 0867
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      • Article
        Frankfurt
        60 4 FRANKFURT exchanges opening quotes on Nov 20: us use IMB (i sm i ami Can 1 6546 K Stg 3 730 740 DFI 92.30 40 S FT 108 90 109 30 Lit 2.27 2.28 F Pr 43 66 00 N Kr 37 60 TO B Fr (cob| 6 340
        60 words
      • Article
        London
        244 4 THE DOLLAR yesterday opened higher in line with the Far East in quiet featureless trading, dealers said. Its largest mark-up was against the Swiss franc, which opened at 1.7775/7850 to the dollar against Fridays 1.7150/7200 close. Against the deutschemark, the dollar opened at 1.9410/20 compared with 1.9235/50. Sterling eased
        244 words
      • Article
        Hongkong
        211 4 THE US dollar yesterday rose further in late trading to 196.80/90 yen from Tokyo's 196.65 yen close. Dealers said conditions were fairly active but the market was nervous and thin with early European buying interest pushing the dollar to a 197.25-yen high at one stage, sharply higher than its
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      • Article
        Tokyo
        221 4 THE US dollar for overnight delivery yesterday closed sharply higher at 196.65 yen, compared with a 195.30 opening and 192.90 at Friday's close. After opening sharply higher, the US currency rose on dollar buying by Japanese and foreign banks, more than offsetting increased export covering by Japanese corporations attracted
        221 words
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  • OVERSEAS
    • Article
      Prices rally despite new definition
      594 5 PRICES of US government securities rallied last week, although Federal Reserve Board chairman William Miller's introduction of a new measurement for monetary aggregate growth during congressional testimony last Thursday caused some uncertainty and slowed the advance. Mr. Miller told the Senate Banking Committee the central
      594 words
    • WORLD IN BRIEF
      • Article
        Lock icon SAUDI RIAL DEVALUED
        308 5 Agencies SAUDI Arabia has devalued the rial slightly against the US dollar, money market sources said. The Saudi Monetary Agency said the new official selling price for the dollar is 3.35 rials compared with 3.33 on Saturday. A lt-MILLION Kuwaiti dlaar toad far tto city «f Oala
        Agencies  -  308 words
    • Article
      Lock icon US slump won't hurt overall world growth
      903 5 UPI OVERALL world economic growth next year should approximate this year's levels despite an expected slump Vn the United States. Newsweek magazine said the economic forecast, prepared by Newsweek International and the University of Pennsylvania's Wharton Econometric Forecasting Associates (Wefa), showed that a
      UPI  -  903 words
    • Article
      ARABS BUY MORE
      221 5 DESPITE some resistance, a new anti-boycott law has increased US exports to Arab countries by 12 per cent, US Secretary of Commerce Juanita Kreps said. The law forbids nations from putting clauses in a contract with an American company that would require it to boycott trade with
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    • Article
      DAILY AIRCRAFT MOVEMENTS
      597 5 ARRIVALS Service Local Operator Number Tiae From GIA GA982 1200 HLP SLA SQ240 1210 MES SLA sg63 1215 MNL SLA SQ201 1245 HLP MAS MH684 1250 KCH SAS SK973 1330 BWN MAS MH651 1330 (MES) PEN KUL SIA SQ455 1340 BWN SLA SQ61 1340 BKK GIA GA900
      597 words
  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      49 5 wßL.wi wwwm STAIRWAY TO YOUR TRAVELS £^££££2,*°" M wooeison *1 SingaoofS 1 AaryOUranfMMM MVMMt. I*. *****32 2222M3 *****44 PRESENTING A PROFILE ON THE NEW EUROPEAN SUCCESS STORY THE FORD GRANADA 2.8 GHIA > A ,v ft FORD GRANADA 2.8 GHIA t/Urd -r TDorv p'»"tist r 1* r r.iui H r
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  • Article
    Small industries — from each its own
    363 6 Small industries from each its own THE mix of big and small companies in a country depends on many factors. For developed countries, the mix is largely a result of historical development. For developing countries, it is a matter of choice. It must have crossed the minds of those attending
    363 words
  • Article
    Need for polish to keep it shining
    247 6 NOW that Singapore's own gold exchange is officially in existence, the Republic has, at least in name, joined the other financial centres and can lay claim to being a centre of bullion trade. Having a gold exchange is important to the Republic's aspiration
    247 words
  • Article, Illustration
    Ayer Hitam and Sungei Besi may face the same fate
    965 6  -  PERANGSANG'S PROPOSED STAKE IN BERJUNTAI By QUEK PECK LIM THE SELANGOR state government's announced intention to take a possible half share of one of Malaysia's largest tin mining companies, Berjuntai, has brought into focus the fate of at least two
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  • Article
    Lock icon The theory of three deuces and dollar's stability
    927 6  -  By LEONARD SILK NYT THE DOLLAR, wkieh has rtoea agaiaat all majer eirradet, begaa to M u theagh It aright yet achieve stability la irwriMMi with the theory ef three deaeea, which predicts that eqaiHbriam will be reached whea the deilar eqaato
    NYT  -  927 words
  • Page 6 Advertisements
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      Page 6 Advertisements Column 1
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      225 words
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      Page 6 Advertisements Column 2
      37 6 The best place to wine and dine in the worlds fourth largest harbour *> in t -1 Z3&Plsosi§ EXECUTIVE CHEF: t LEO WALDMEIER. I MAITRE D*HOTEL: WILLIAM TAN. SINGAPORE HILTON 2ND FLOOR For reservations ring *****3 extn 2536
      37 words
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      64 6 IWEftTiHERj OUTLOOK for Singapore from 6 a.m. to noon today: Occasional rain in early morning. Report for 24 hours prior to 7Jt p.m. on Nov 21 at the airport: Maximum temperature 30.00 C Associated humidity 67 Minimum temperature 21.8 C Associated humidity 91 Hours of sunshine 2.25 Rainfall in millimetres
      64 words
    • Miscellaneous
      Page 6 Miscellaneous Column 2
      258 6 SINGAPORE 5 3.00 PM Opening announcements followed by Hazel (Repeat)* 3.30 Diary Of Events (English)* 3.35 Family Home Movies* 4.25 Intermission 6.05 Opening announcements followed by Fables Of The Green Forest* 6.30 News in Brief* 6.35 Wonders Of The Wild In The Shadow Of Mt. McKinley* 7.00 The Phil Silvers
      258 words
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  • Article, Illustration
    Lock icon US consumer banking will never be the same again
    1654 7  -  Retail banking in Singapore is far from satisfactory and the gripes of long, long queues and haphazard service are unending. In the US, consumer banking has its own problems. But most of the banks are making a concerted effort to do
    NYT  -  1,654 words
  • Article
    STRAWS IN THE WIND
    455 7 IN HIS REVIEW of the company's performance in the past year, the chairman of Rothmans of Pall Mall (Malaysia) ends on a note of such gratitude as is a little hard to take. "I take this opportunity," he writes, "to thank our stockholders for their confidence,
    455 words
  • Article
    A RADICAL REVAMP STILL PROBABLE
    235 7  -  Letter to the Editor BRIAN CHANG Maaagtag Director, Jardlae Ofbhare Praanet WITH REFERENCE to page article Nev 14 aa the tog aai barge totetoy ntftM "Mat Rckm Veatare, Thrat Finns Arc Ship ahsptog Up", I regret to aMn yea that the facto aa MaM to
    235 words
  • Article
    Old tubs at sea in a competitive world
    827 7  -  FORUM r ...with Teresa Lim THE EVENING S celebrations were sufficiently glittering. The guests gathered there were distinguished. High-ranking government officials had come together with shippers, consignees, bankers and contractors to toast the state shipping line's 10th year of operations and to
    827 words
  • Page 7 Advertisements
    • Advertisement
      Page 7 Advertisements Column 1
      256 7 m r f T You 11 tam like roviJty at the Rang Mahal. Palace of Colours. On our daily menu are the tame gourmet favourite* once loved by Mogul Kingi of old. Tandoori temptation*. Aromatic curries. Indian food can be hot and fiery, or delicate and fubdy ipacrd Whatever your
      256 words
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      Page 7 Advertisements Column 2
      73 7 ORCHID INN 214 Dunearn Road. Singapore II Tel: *****2 HOTtL PHOhNIX SINGAPORt Orchard/Somerset Roads. Singapore 9 l ei: *****6 PfcNINSULA HOTEL Coleman Street. Singapore 6 Tel: *****1 RAH-LtS HOTEL 1-3 Beach Roud. Singapore 7 Tel: *****1 ***** SHANGRI-LA HOTEL 22 Orange Grove Road. Singapore 10 lei *****4 SINGAPLRA hORLM HOTtL
      73 words
  • Page 7 Miscellaneous
    • Miscellaneous
      Page 7 Miscellaneous Column 1
      76 7 Bristow; Flank Ih ckenS Fptof s*e ReoNPvuo SPVP»SHING OUTHBLF f\ mu-uoN on Pv OJSJOn B>O\LT e*ecxJ T »ve jer... i oepiu9£ ms "Time is VRWJPvSue P»t4D He u«es VMS C.*€J*T\JG£ comrcers BUT IT Doesn't JvJSTifSf Tup\T OOTLPiV.. j so ojeve. BRpirtcwes P>LL oveß. Tne ujoßld.... Sut we DoesN t v
      76 words
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  • INTERNATIONAL STOCK MARKETS
    • Article
      Lock icon Spotlight on export issues
      595 8 TOKYO Source: DBS-Daiwa THE MARKET opened bullish yesterday centrlnf on exportrelated Issues, but later weakened due to investor caution. The dollar's sharp appreciation, reflecting the advance on overseas foreign exchanges has not given fresh sua ul us to investors. Most export-related issues reduced their earlier gains
      Source: DBS-Daiwa  -  595 words
    • Article
      Sydney
      227 8 NOV Centt INDUSTRIALS A. C. I. A.N.I A. P M Am po! Pet B. H. P Bank NSW 11 1( 1 T ft -3 SO unch 13 I -1 10 unch 40 unch Bora! 2 1! 3 23 unch Brambles C. B. A. M 36 unch 1$ unch Coal
      227 words
    • Article
      Bangkok
      176 8 Bangkok Bank 408 ♦a Bankof Ay udhaya Ud ao -a BangkokMetro poittanBank 1.403 ♦ao cialBank MO -140 Tha) Dan u Bank Thai Parmer* Bank M Industrial Bank ok Investment 'ir LeeKwang MlngTr ust Raja Finance at MM -s ♦40 Slam Credit 134 an eh Ay uthaya Inv and Tr
      176 words
    • Article
      Manila
      109 8 NOV Peso* Aeoje Mining .0106 -0.0008 Atlas Con A Atlas Con B 16 40 -0 8 Bag ulo Ootd .01 -0 0006 Benguet Con B 25 50 -0 25 BF Goodrl ch 19 90 unch CDCP 19 80 -0.7 In co B Landoll 0145 -0 0005 Le panto B
      109 words
    • Article
      Selected Indices
      29 8 H.K.HANG SENO Monday 468.45 Friday 488.48 Week Ago .537.1# SYDNEY INDUSTRIALS Monday unav Friday 443.18 Week Ago 451JU ALL ORDINARIES Monday 518.01 Friday 517.S4 Week Ago 529.26
      29 words
    • Article
      Lock icon Getting business to finance Wall Street
      1410 8  -  ■y ROBERT METZ NYT DURING THE worst days of the October bear market particularly on Tuesday, Oct 31 it was obvious that the stock market was perilously clow to an old-fashion-ed panic. But dramatic action for Washington to wh- the dollar saved the day
      NYT  -  1,410 words
    • Article
      Sailing into the Strand
      956 8  -  sy GERALD COLVERD ONE OF the most famous streets in London's West End, the Strand, is expected to get a New Year new look from a major property development which could add millions of pounds to property values throughout the area. The development is the construction
      956 words
    • Article
      Lock icon Margin debts spell danger
      705 8 NYT IT IS probably fair to assume that thousands of small investors are spending more money to finance their margin accounts than they are spending for, say, fuel oil to heat their homes. The quality of credit figures released by the New York Stock Exchange for
      NYT  -  705 words
    • Article
      Lock icon Rooiberg starts work on tin smelter
      204 8 Reuter ROOIBERG Minerals Development Co said it will start work immediately on construction of a tin smelter at an estimated cost of 1.8 million rand. It said in a statement the smelter will Initially treat only the company's output of gravity concentrates to produce
      Reuter  -  204 words
    • Article
      Lock icon Hudson's eyes Simpsons
      289 8 Reuter HUDSON'S Bay Co., one erf Canada's biggest retailing firms, said it wants to buy the Simpsons department store chain to create a strong nationwide department store organisation that would be largely owned by Canadian investors. Financial details of the proposed purchase were not given. Hudson's Bay
      Reuter  -  289 words
    • Article
      Lock icon Mallory satisfied
      51 8 Reuter PJL MALLOKY ui Ca. wMjtotwrtd iireciaw to pnp^'ty'olrt laiaHiiM t» bay Mjdtory far abaat UBBM miliiM ar W a Aiftt MAIWv vhM battery, Ihml mrller rejected aa afler by D"t ta bay the eanaaay far J«* -iWM ar $«T2a«, Dart la a pratfaeer af efeearieaJa ami piarKi
      Reuter  -  51 words
    • Article
      Lock icon Hongkong
      345 8 Source: SHK Securities A FIRM START yesterday saw prices follow through the rally of Friday's close. However, the tone changed Just before noon and selling res umed, tno ugh not as strongly as before. The market closed at Its low. There were not much signs of the expected rally.
      Source: SHK Securities  -  345 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      450 8 This Month's New Penguins ||Snn(99H The Pumpkin Eater: Penelope Mortimer ifUSdUH Humour, poetry and heartbreak run hand-in-hand in Jllf SAIUIK^RhTVRN Penelope Mortimer's story of a mother's emotional A mnHHI breakdown and her husband's estrangement. The f fi Pumpkin Eater with its vision of the strength and A r frailty of
      450 words
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  • INTERNATIONAL COMPANY NEWS
    • Article
      Lock icon Uniroyal struggles to stay on its feet
      1104 9 N. AMERICAN J NYT UNIROYAL'S latest ad campaign cites the successes of its research and development staff as evidence of the industrial giant's urge to discover. After the company's announcement last week that for the first time in 35 years it would omit
      NYT  -  1,104 words
    • Article
      Lock icon New emission rules may ruin Chrysler
      480 9 Washington Star THE financially troubled Chrysler Corp. says it could be ruined if its 1960 cars are unable to meet proposed revised standards for fuel economy and exhaust emissions, according to a suit filed by the company against the Environmental Protection Agency. Chrysler, the
      Washington Star  -  480 words
    • Article
      Searle hypertension drug
      357 9 SEARLE and Co. announced that it is marketing an oral diuretic in the United States that can be administered once a day. It is also claimed that this drug may effectively control hypertension for 24 hours. The Searle drug, known as Diulo (metolazone), is expected to encourage
      357 words
    • Article
      Lock icon Taylor Wine suspends ads
      138 9 Reuter TAYLOR Wine Co. said it told the government that its advertising campaign, which compares the Taylor brand wines against those of competitors, was truthful and helped to create competition in the industry. Taylor Wine, a subsidiary of the Coca-Cola Co., said the Federal Bureau of
      Reuter  -  138 words
    • Article
      Lock icon SEARS
      84 9 Reuter SEARS, Roebuck and Co. said about 38,000 table tennis sets that it sold will have to be modified to improve stability. The company said minor injuries were reported in four incidents when one side of the table was folded up so the ball could be hit against the
      Reuter  -  84 words
    • Article
      Lock icon KUBOTA SALES DECLINE
      540 9 ASIAN Reuter KUBOTA'S earnings in the six months to mid-October 1978 were slightly down on the year-ago period with sales little changed, executive managing director Hiromu Kurihara said. He said there has been a considerable decline in sales and profitability of agricultural machinery, the company's largest sector,
      Reuter  -  540 words
    • Article
      Lock icon Kagoshima out to win orders
      207 9 Reuter KAGOSHIMA Dock and Ironworks said it is negotiating with Hullgate Shipping of Britain to build two 3,300 dwt oil tankers. The Japanese shipyard last April won a 1.4 billion yen order for two tankers of the same size from Hullgate for delivery by next
      Reuter  -  207 words
    • Article
      Lock icon ACI sells stake in Pacific Can unit
      168 9 Reuter AUSTRALIAN Consolidated Industries (ACI) announced packaging company, J. Gadsden Australia, will acquire a 54 per cent stake in ACl's ailing Pacific Can unit with ACI retaining the other 46 per cent. Gadsden will pay unstated cash plus 1.5 million Ml par shares
      Reuter  -  168 words
    • Article
      Lock icon Japanese firms toeing the line
      1124 9 FT THIS year Japanese companies have been required to curb their natural reticence and compile consolidated earnings statements for the first time. An analysis of the results so far confirms that while the letter of the new law has been observed, most companies have tried
      FT  -  1,124 words
    • Article
      Lock icon Norway raises funds for its stake in Volvo
      447 9 EUROPEAN Reuter NORWAY'S government and its three largest commercial banks have agreed a scheme to raise 890 million Norwegian crowns to enable Norway to finance its planned 40 per cent stake in the Swedish car maker Ab Volvo, Prime Minister Odvar Nordli
      Reuter  -  447 words
    • Article
      British Airways doubles profit
      363 9 BRITISH Airways profit after cost of capital borrowings and taxation increased in the six months ended Sept 30 to £51 million, from £25 million for the same period in strike-troubled 1977. Other half-year results reflected similar improvement. Revenue to Sept 30 jumped to £869 million from
      363 words
    • Article
      Lock icon Boots expects satisfactory results for the year
      172 9 Reuter BOOTS pre-tax profit rose to £51 million for the six months ended Sept 30 from £47.6 million in the previous corresponding period. Sales rose to £480.9 million from £391.7 million previously. Pre-tax profit included short-term investment income of £4 million (3.4 million),
      Reuter  -  172 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      117 9 inflation: The Big t- ignt vpen* Wares Prices of; tOJUwhif. gold cut Vorjd will hit, t.»- 2Stiiwte^L^ erB .of the best 1 investments i today? i In Europe more and more banks have been advising their clients to include diamonds in their investment portfolios. Invest in diamonds for security and
      117 words
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  • DEALS DONE ON THE SES AND THE KLSE
    • Article
      In Singapore
      1292 10 BID and offer prices officially listed and business in and reported to the Stock. Exchange of Singapore yesterday with the number of shares traded shown In brackets m lota of 1,000 units unless otherwise specified. All Time Settlement Contracts •requotod after the word "sett". Big Board deal (in
      1,292 words
    • Article
      Government bonds
      250 10 4 3/4% IWN (250.000) (W.BOB 100.03S) 5* T P 1/5/83 (250,000) (100.258 100 408) S V4% T F 1WII-M (250,000) (102 006) 7 1/4% IVVN (250,000) (100 80B) 7 1/4% 18/18/8* (250,009) (100.SOB) 7 1/4% 1/V87 (250.000) (100.75B) I J/4% T F 18/7/87 250,000) (101 506) 5 1/2%
      250 words
  • Article
    Unit trusts
    150 10 ■MUNttUMirm ST (MaMfMi* prtM ikrNr rH) The Commerce 1.M 2 0( The Saving Fund 121 vm S pore Prog Fund OS Ottxd S pore Sec. Fund 1«0 170 S pore Invest Fund 1.14 121 MUUNITtBWr (NiMfWr |HM ihrNr t O) Mai Invest Fund 1 93 IB Mai Prog
    150 words
  • Article
    SHARE INFORMATION SERVICE
    2486 10 OTH High U. Company Last Sale +oeGr'i Dhr Dfe C'vr Gr't YH N* P/E Vai Day C899) High Low SECTION ONE INDUSTRIALS 272 238 178 219 275 111 276 326 245 660 550 264 378 470 165 354 1190 149 480 410 140 655 352 JE a?
    2,486 words
  • Article
    In Kuala Lumpur
    1817 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown In brackets in lota of 1,000 units unless otherwise specified INOUBTIIIALB AJinamata (2.208). Alaam (1 558) <I) I X <1) i.M. A
    1,817 words
  • Article, Illustration
    Prices dive under spate of selling
    634 10 SHARES pinged aerw a wide (nat aader fairly heavy tradlag m the Stock FrNwgt of Stogapare yesterday. It waa the went hear raid seea slaee the Market hegaa ita decite Jut ever two maatha age. The aeUlag waa toaehed aff by the weakaeas ef
    634 words
  • Article
    Heavyweights suffer massive price cuts
    562 10 THE furious spate of selling continued seemingly unabated on the Kuala Lumpur Stock Exchange yesterday as shares were again battered down to still lower levels. With sentiment at an extremely low ebb and the outlook still blurred, prices headed downwards right from the morning opening
    562 words
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  • COMPANY NEWS
    • Article, Illustration
      UOL sets date for loan conversion
      611 11  -  By ANTHONY TAN UNITED Overseas Land (UOL) informed stockholders that the third period for conversion of its $22 million 9 per cent convertible unsecured loan stock is between Dec. 1 and Dec. 31. During this period, stockholders may convert the whole or any part
      611 words
    • Article, Illustration
      Singapore Glass is set for a record performance
      731 11  -  By ARTHUR NG PROSPECTS in the glassmaking industry look good, if the half-time results of the two halves of the former Malayan Containers group are anything to go by. Both Singapore Glass (1974) and Malaysian Containers (1974) have continued strongly in their
      731 words
    • Article
      Rahman Hydraulic doubles earnings
      773 11 RAHMAN Hydraulic Tin (RHT) announced outstanding results for the year ended June 30, 1978 with pre-tax profit more than doubling to a record MJ8.187 million against 14.03 million during the previous financial year. Chairman. I.K. Meek, attributes the excellent results to a substantial increase in output
      773 words
    • Article
      DIVIDENDS ANNOUNCED
      490 11 Current Ex Books Date Total for Total for Payment Dale Close Payable the year Previous year Meatakab 11%I Nov 8 Nov 18Nov 23 11% 31% Rothmsns 20% Oct 16 Oct 26 Nov 20 20% 20% K.Guaa Flour lSH(b) Oct 31 Nov 7 Nov 22 15% 15% N Serendah
      490 words
    • Article
      SCRIP ISSUE
      149 11 Company Particulars Ex Date Books Close C Sugar* Bonus Issue of 1 for 4 Nov 21 Dec 1 Mia Sec Bonus Issue of 1 for 2 Dec 6 Dec 23 Synthetic Resins Rights Issue of 2 for 5 «> SI .00 per share NYA NYA Ked. Cables Rights
      149 words
    • Article
      COMPANY MEETINGS
      147 11 BENTA PlifliM BM: AGM to be held at the Regent Hotel, Jalan Imbi, Kuala Lumpur at 12 noon on Nov a. If pas (Malaya) BM: AGM to be held at The Regent Hotel, Jalan Imbi, Kuala Lumpur, at 11.30 amon Nov a. Ud'AGM "to be McTttTte Regent Hotel,
      147 words
  • Page 11 Advertisements
    • Advertisement
      Page 11 Advertisements Column 1
      25 11 9 The' Squash yearbook specially flown in for the PIA World Squash Series 1. results 2. REPORTS 3 tournament reviews 4. ARTICLES 5. PLAYER biographies
      25 words
    • Advertisement
      Page 11 Advertisements Column 2
      88 11 UNITED CHASE MERCHANT BANKERS L TRi W] ANNOUNCEMENT Further to the announcement dated 6th November, 1978, the Directors of United Overseas Bank Limited are pleased to announce that a Notice of Takeover Offer, in accordance with Section 179, Companies Act, Cap. 185 has been served on the Board of Directors
      88 words
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  • Article
    Lock icon Saudis bent on a freeze but may not succeed
    769 12 Reuter SAUDI Arabia intends to go into the crucial Dec 16 price-setting meeting of the Organisation of Petroleum Exporting Countries seeking a freeze for the third straight year. However the effort may not succeed said Saudi Oil Minister, Sheik Ahmed Zitfti
    Reuter  -  769 words
  • Article
    Big role of small Asean industries
    379 12  -  By FONG MEW LENG SMALL industries development plays an important role in the economic development of the Asean nations because of its employment creation potential, the unequal development level of different parts within each country and the capital scarcity they face. This point was
    379 words
  • Article
    Khoo lost appeal
    94 12 FORMER magistrate and lawyer, Khoo Hin Hiong, yesterday lost his appeal against a three-year sentence for abetting criminal breach of trust in the High Court yesterday. Khoo, who was found guilty earlier this year on two charges of abetting businessman Cho Jock Kim in misappropriating $248,495 from
    94 words
  • Article
    Singapore's shifting trade patterns
    986 12  -  JOHN TAN SINGAPORE'S trade with its major trading partners ebbs and flows. Exports to Thailand are growing by leaps and bounds, and trade with that country has passed from a deficit last year to a surplus. Trade with West Germany saw imports climbing much faster than
    986 words
  • Article
    Specific concessions unlikely
    574 12  -  By HENRY CHANG FOREIGN ministers of the EEC and Asean meet in Brussels this afternoon at the Palais Degmont in the first ministerial level contact between the two groups to map the basis for future economic relations. After opening statements by the spokesman for Asean, Indonesian Foreign
    574 words
  • Article
    LONDON STOCKS
    733 12 LONDON, Mot The market closed lower with prices depressed by the prevailing wage disputes, dealers said and at 3.00pm the Financial Times index was down 4.6 at 468.2. Government bonds fell up to 1/2 point in reaction to the £1.3 billion bond offering announced last Friday, dealers added.
    733 words
  • Article
    Singapore Airlines signs $577 m leasing agreement
    226 12  -  By QUEK PECK LIM SINGAPOBE Alritocs yesterday atgacd a IJSs2Mmllltoa (aM BSSTJ milttoa) leaslag agreemeat wftk a rt—ctliM af atee Japanese etapaaiei, camptettag (to first stage tt SlA's aatottoa* fleet*Tl>e' c the Orleat Leaslag Caaapaay aai the Japaa Leaaiag Caaapaay, will pravlie USflfi
    226 words
  • Article
    GOLD MARKET VOLUME WILL RISE 10-FOLD
    245 12 THE SINGAPORE gold market's total turnover this year will be 10 times the annual average of 1973 and 1974. This prediction was given yesterday by the managing director of the Monetary Authority of Singapore, Mr. Michael Wong Pakshong, at the incorporation of the Gold
    245 words
  • Article
    HOWE'S LAND
    60 12 THE CHIEF ASSESSOR yesterday won his appeal against the Head of the Civil Service, Mr. Howe Yoon Chong, over the revision of annual value of his land in Peck Hay road. The Appeals Court restored the decision of the Valuation Review Board confirming the assessment of the Chief
    60 words
  • Page 12 Advertisements
    • Advertisement
      Page 12 Advertisements Column 1
      48 12 announce Two Important Management Workshops in Singapore OnHaae Main The Productivity/Success/ Satisfaction Cycle 30 Nov. 1,2 Dec. 1978 Anlbin 14,15 Dec. 1978 Enquiries and Registration: CONSULASIA PTE LTD. 1001 A, Ocean Building Collyer Quay Singapore 1, Miss Wong Chia Lee, Singapore ***** Miss Lilian Tan Kuala Lumpur *****5
      48 words
    • Advertisement
      Page 12 Advertisements Column 2
      3 12 SEE PAGE 2
      3 words
    • Advertisement
      Page 12 Advertisements Column 3
      209 12 NOW lease an apartment at Ardmoreßant and enjoy amenities B S£ jra' I Chip Putt golf course Floodlit Tennis courts and practice court Squash courts Swimming pool Sauna baths Clubhouse with billiards/recreation room r i vr Ardmore Park. io a splendid setting drooms of greenery and tranquillity close to J
      209 words
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  • SHIPPING TIMES
    • PORTSIDES
      • Article
        Losses mounting
        88 13 THE PENANG Shipbilding Corporation Sdn Bhd., a subsidiary of the Penang Development Corporation (PDC), has accumulated losses amounting to $3.25 million. The PDC's annual report for the year ending Dec 31, 1977, states that the shipyard sustained a loss of $250,000 last year, due mainly to the slump
        88 words
      • Article
        Order for crane
        93 13 CLYDE Crane, the Mossend arm of Clark Chapman Cranes Ltd, has received an order from Babcock Moxey worth more than £5 million (Ss2o million) for the design and supply of three 1,000 tonnes per hour coal unloaders for China Light and Power of Hongkong. The unloaders are
        93 words
      • Article
        Lock icon PISC to borrow $39 m
        98 13 Reuter ULTRAFIN OF Zurich is arranging an US$lB- (5539.6 million) loan for the Philippine International Shipping Corp (PISC) to be guaranteed by the state-owned National Investment and Development Corp. It would be used to help finance payments for two oil, bulk and ore (OBO) vessels
        Reuter  -  98 words
    • Article
      Container fleets face bleak future
      514 13  -  By GOH ENG KEE A RASH of special reports and surveys published recently have highlighted several significant features of the world fleet of containerships and its trading prospects. The most alarming report comes from London shipping consultants, H.P. Drewry, which says that the world fleet
      514 words
    • Article
      INDEX
      442 13 Atoms' k ACS Afea Aguila Alpac Angkutan ANL APL Arya Nat ASCL Asia Merchant Aust Cont Page n n IV IV IV n i m n m m IV CiL 5 5 3 2 5 3 1 2 5 5 4 5 Bank BBS Ben Asia Ben/EAC Ben Ben
      442 words
    • Article
      Steaming ahead despite depressed market
      110 13 THE DEPRESSED ■kipptag market tea rise IWIiN Buk, Lwlm, (rem pattlag >• a USfISJ mfllfoa (SS27J mllltoa) foaa for the parrkan ef twa pretfaet carriers ky twa likerlaa skippUg eampaaka. Ike SlJtoMwt efoaa petratou predict carriers are Mac aeaalred ky Balaatral Skipplag Carparatfoa aaiCaneastle ISkippiag
      110 words
    • Article
      Lock icon British Shipbuilders plans to slash 12,300 jobs by 1981
      541 13 FT BRITISH Shipbuilders has told its trade unions that it wants to cut the industry's capacity by 32 per cent by 1900-81, with the loss of 12,300 Jobs. Official confirmation of this, and of details of a breakthrough in talks on
      FT  -  541 words
    • Article
      SHIPPING LIST where your ships are due...and when
      4145 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
      4,145 words
    • Article
      Container Schedules
      1351 18 IMPORT FCL CONTAINERS EX CONTAINER VESSELS AT CONTAINER TERMINAL DATEi20.ll.78 Vessel's Voy Date/Time Of Date/Time Mode Of Name No. Completion Of Store Rent Operations Discharge Due Hilla 25W 11.11.78 @0135 14.11.78 0700 vc Elbe Maru 12.11.78 @0635 15.11.78 @0700 vc Kawachl Maru 2 12.11.78 @1920 15.11.78 2300 vc
      1,351 words
    • Article
      Who acts for whom
      888 18 The leading shipping lines operating from Singapore and the local agents who handle cargo bookings for them. Aconas Line— Acooas Sdn. Bhd. Adriatic Container— Container Feeders. APE A Line— Singapore Shipping. Aguila Orient*]— Same. Ahll Shipping-Shaijah. Alfred C. Toepfer Line— Intermodal. Algerian National Line (CNAN)—Unipadfic. Alpac
      888 words
    • Article, Illustration
      SHIPS IN PORT
      437 18 EXPECTED ABJUVALB TODAY KEPPEL WHARVES Bintang Harapan (after Petrelo) 40/41 Golden Glory (after Eastern Liberty) 28 Hakone (1100 after Sally Ocean) 47 Ibn Younus (after Fortune Runner k Kota Mutiara) 8/9 Kaenary (after Bunga Bindang) IS King Tower (1500) 33/34 Kota Panjang (1500 after Kota Mutiara) 10/11
      437 words
  • Page 13 Advertisements
    • Advertisement
      Page 13 Advertisements Column 1
      323 13 DIRECT DIVERSIFIED DEPENDABLE SERVICES TO/FROM USA AND CANADA Agents Barter Lines Singapore Pte Ltd Tel ***** Harrisons A Croslieid Kuala Lumpur tut leesai/s Pernas-MiSC Penang Tel ***** <s§» I l< I )l M W I \H m. Orient Overseas Co*Ud*te\ Line CmD fMI 13* lacmtn ms 1m RrnHKHin nciiaiw lOHHTM.
      323 words
    • Advertisement
      Page 13 Advertisements Column 2
      239 13 SSI SEALORD ANTAH 1 UASC UNITED ARAB SHIPPING CO (SAG). All vessels ***** DWT, 105 TON H.L. Derrick > 288 TEU Capacity, Long Length Capability. B ■ARABIAN GULF WEEKLY SERVICE" i 1 —i 1 I Vessel S pore Loading for I IBN YOUNUS 8/9 Kuwait (2/12), Oammam (5/12), Dubai (8/■
      239 words
    • Advertisement
      Page 13 Advertisements Column 3
      566 13 hvrctt /.iin's P0« TH« MOST PMQMNT IAMNM TO IANHW HOHHOm JAPAM IWHWO rvtAN. LINE NIPPON Y U SEN KAISHA IH 1 TO Utt/EUBO* Fa MM tot 27 Nee Id lTWknHlta TO MEDtTEKtAMfAM TO USA/CANADA Feader Spore Spore Kobe Mother Vessel Kobe 11 Ok Its toirn Oakland 12 Ok Seattle. Vancouver
      566 words
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  • Page 14 Advertisements
    • Advertisement
      Page 14 Advertisements Column 1
      801 14 Hapag-Uoyd to europe 20/11 JO/12 12/12 13/12 (iS/12) 28/11 30/11 20/12 22/12 23/12 25/12 4/12 4/12 28/12 30/12 1/1 3/1 10/12 27/12 29/12 30/12 (3/1) 12/12 4/1 «/1 7/1 (12/1) 18/12 19/12 10/1 11/1 Cjrtfpaby 3/1 (3/1) (12/1) 15/1 12/1 25/1 21/1 Ciyaf E4Mv* 20/12 7/1 9/1 28/12 30/12 19/1
      801 words
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      Page 14 Advertisements Column 2
      365 14 FNK AIUWTK OV CUT OWM Ok 24/ a Bk 21/71 tm 2 la V« km J Im l/l I 71/77 tm II I*2) Fa* I F* 74 F>k II F«k a F«122 hk II M F* II to II F* I J* 71 F*l3 *74 FeOll tea mii tea Ma
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      Page 14 Advertisements Column 3
      465 14 rut commons© service (Ml I •IBfl. 3 2S/11 a/11 2/12 7/12 20/11 27/11 29/11 1/12 3/12 29/12 27/12 29/12 31/12 3/1 KUWAIT p tuiiMß D JfwwfW ALSO ACCEPTING CARGO FOR BAHRAW AND ABU DHABI PCI Kim /HIPPtnG (r TPAOMG PTE. LTD WT. SM Teto KMSPEED RS ***** T«l *****37 *****11
      465 words
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      Page 14 Advertisements Column 4
      446 14 N* *S*fc|BCt fel mducemcx 23/24 Mm 2V2»«w* 27/a«w* TraKHtadM MwHiro MtxicMta S. A. V 1 "MEXICAN NATIONAL LINE" «un/mo i cam* matu m MI u««m ACVU.CO ACARJTU COROWO, SAN JOSE. W. oomwanLOK. «■*cwz mb ranco«m Rfc,. 'n'Jt gat mmnvi ns b n/a aw 23/25 hm a/27 n» immrmii/a*na (/so* 9/11
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      Page 14 Advertisements Column 5
      703 14 A A I s A A a a A A A A A A Y A SANKYO LINE IS/Mfec 17/11 Ik Sn.KL.Ma 22/23 Ok 24/25 OK ST*. MEL. MEL. BANGLADESH SERVIC 25/2# nov mport OffTTAGONG. CMLI GENERAL AGENTS CONTMCR BOOMK MLAIS CONTNNCt TU 0347. W73/4 OCIAK SHPPVK SPOOE HI *****44/7
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  • Page 15 Advertisements
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      Page 15 Advertisements Column 1
      737 15 QCI OverseasContainers Limited SBmmm MM MI Ran* Ma ak si saw II Mat** lIK II MjaM UM Ml SHGAPOK MM6FI R LUMPUR CONTN PUMNC ama r daa mm StM ruM| rim M Nrtt I MM MM MM apa Ski ML AS I MM MM Qh MLB I MM IM MM
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      Page 15 Advertisements Column 2
      690 15 9=^ GRANARD LINE ttIMW t KPODMLE NKCOfIKMX GHOS ffIWW KST BOUND-FM EAST/MEDfTEMMNEJW IM.MMWKV.ISM.-_ 1M hM kM Wto.fr S^AtoM Jto^/lattafaa/Piraeos/Tapot, MVNMNMV-2W 17 0k It Dk 71 Dk 22t2/ftil?!!toZ* u Bew»t lattaiua Pvtanv Tflpa*/Raf«tan/ktaaM MW— 5 I ton 11" MM/PSM Mumkia tont/iattatao/PnaK/ Ml. MM Ml 122W 21 toi 23 km aim •earn#
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      Page 15 Advertisements Column 3
      601 15 7t>j BEN LINE CONTAINERS [ptaww EXPRESS CONTMNER SERVICE TO/FRORI EUROPE WBURC B'HAVtR R ON* HAttf SOTO* Spore P RaM* NGermany/AwJna Aateerp fram MUK 21/11 »/ll 11/12 21/12 22/12 24/12 17/12 Mfcafcr 5/12 1/12 2V12 »/l 2 1/1 J/1 21/12 ■teRMm 11/12 27/12 29/12 11/12 (VI) 2/1 OrtfUhte* 11/12 4/1 VI
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      Page 15 Advertisements Column 4
      415 15 Y Scan Dutch V ERVICE VIA m 1) IMb 2) Mm 3) Hborf 4) Gtof| a/u t/u u/u ivu ivu VU 17/U 2Z/U M/U 21/12 8 s li ILJJ i/SjH LiU rxif 1) G'b*|~2) Htmt 1) r« 4) rtm i) IcH t) M sates P MM| Spore ■an SM UM
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      Page 15 Advertisements Column 5
      377 15 GUTHRIE BOUSTEAD SHIPPir AGFNCIE S THE BANK LINE LTD. LOADS FOR E. i 1 WKI IMn Drta* II n I Sport 38«n/3Mc P Mm t uhi N Mn/ 4 to Spew r Mmi 27Mn/3to S"po* LVKES ORIENT LINE EXPRESS SERVICE DRtECT FROM SMGAPORE TO MEN ORLEANS, MOMLE. HOUSTON. GALVESTON. ALSO
      377 words
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  • Page 16 Advertisements
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      Page 16 Advertisements Column 1
      721 16 K LINE KAWASAKI KISEN KAISHA. LTD. cwvam rat im "annua ROB 1m mptmc pearl im Ok IS OK 21 Ok 2C Ok 2t Jao 31m 5 »tai 14 too 11 tM 12 tan (Kcaptng cargoes t§ Snafcuii «a IM>|) FROM EUROPE TO PAR EAST *L Havre P IMCATOR X SaM
      721 words
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      Page 16 Advertisements Column 2
      698 16 1.5.A./EAST CANADA SERVICE acceptom Fa na cohtjmds m U^hrKim, NG. P. BUMS. STOK mmeou HUOBN (MBA If SO) M/ 2 toe 77/18 toe 24/2* toe (.44/21 LC./GMAT LARES SERVICE tar MMFOU. CM TO*. MONTREAL TORONTO. ASHTAOOU. OCTROTT. CMCMO CAUFORMA/PACFIC NORTH WEST SERVICE Lm*« tar iOS MMEITV SMI FtMKSCO SUTTU, TACOMA.
      698 words
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      Page 16 Advertisements Column 3
      722 16 di •FULLY CONTAINERISED SERVICES: 3T Ok 1» Ok Ik SIR Ok 15 Ok Dk 21 Dk Dk Sfac 11 DK 12 0K II Ok II OK lE il TRAITS/AUSTRALIA A RMkar at Mm Am Caraari TO WO FROM AUSTRAL* acceataae bn»h—inil urn ta/lrw Ra**A ari I Itojiii I.S.A. CONTAMER SERVICE]
      722 words
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      Page 16 Advertisements Column 4
      573 16 T WIimEMMAI*YSiAH INTfmiATtONAL SHAPING CO**O*ATlON tfUHAO EXPRESS FULLY CONTAINERISED SERVICE TO/FROM MED/UK/CONTINENT/SCANOINAVIA fMm Vessel Spore 1) fettles 2) Ma* 3) KM* 4) GMtf nWH 25/U 9/12 14/12 I*/12 11/12 UMBM 4/12 17/12 22/12 24/12 2*/12 inn 12/12 25/12 a/12 2/1 v 1 MM 21/12 VI VI 11/1 12/1 M laadar
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      Page 16 Advertisements Column 5
      757 16 INTRASEA (PTE) LTD 1 .»:>♦" House „<4fc O 'vt-c -i<: S "cj3po'»* Telephone y i>4 4^ Line STRAITS/AUSTRALIA SERVICE Sme*»fe P Mm LmMm tar GREAT BMSMEVOTIOA 27 Mm 24 Ito SZ/S^ Melbourne /Adelaide MM* —MUffK) l» 23M111 HK 23MM7 I «0 wi« 4 MMS <MK 4M742. 4M471 ALPAC LINE SOUTH
      757 words
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  • Page 17 Advertisements
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      Page 17 Advertisements Column 1
      206 17 'flßgt GERMATRANS X SMIPPI\n 1 iINJf \ORV\AV New Eipress Monthly Independent Semi Container Service from Singapore to Antwerp. Rotterdam and Hamburg *ssas rut bult smmpok Mmor rtmm Hamburg Germa Lady 1978 27/11-1/12 26 Dec 28 Dec 30 Dec Germa GeisAa 1978 30/12-1/1 26 lan 28 Jan. 30 Jan Germa Keppel
      206 words
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      Page 17 Advertisements Column 2
      66 17 2TTP LORD STEAMSHIP CO. S.A. TANMN/STRAfTS/TANMN DNBS LRCR OMCC STRONGWILL NTE RPRISF (PTE) LTD OCEAN CONTINENTAL ENTERPRISE PTE LTD Room 610. 6th floor High Street Centre S pore 6 Tel ***** *****/39*06 REGULAR SAILINGS TO FROM BANGKOK SINGAPORE UNISON SMPPNK (PTE) LTD *****1 7tt a. Sm|M Bm* Wta| 110. CttM
      66 words
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      Page 17 Advertisements Column 3
      45 17 ATLAS SNPfMG AGENCES LTD., DACCA INDEPENDENT SERVICE AT VERY OOMPETTTIVE RATES H4IUM Wf. 1 KC 14/17 «r. i m. a/a mi. i ma. u/m muntSmUmmi m3K7 u/u \%n% i/tv« 15/14 17/14 CUM* 71* 4 71* L a/74 4 2*B l«/(2N tailU-) a CEnON SHTHNG CORPORATION
      45 words
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      Page 17 Advertisements Column 4
      129 17 FM EAST/GULF OF ADEN AND RED SEA PORTS CONFERENCE SABAH, BRUNEI AND SARAWAK FREIGHT CONFERENCE NOTICE TO SHIPPERS HODBDAH CONGESTION SURCIUBGE Reference is made to the notice in the press on Monday, 13th March, 1978. The member Lines of the above Conferences have advised that port conditions at Hodeidah have
      129 words
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